IGHG
Investment Grade—Interest Rate Hedged
Morningstar Rating
Overall Morningstar Rating out of 254 Nontraditional Bond funds based on risk-adjusted returns as of 05/31/25.
Why IGHG?
-
Provides the return potential of a diversified portfolio of investment grade corporate bonds.
-
Targets zero interest rate risk by including a built-in hedge against rising rates that uses short positions in U.S. Treasury futures.
-
Generally offers lower interest rate sensitivity than short-term bonds by targeting a duration of zero.
View all Fund
detail sections
Why IGHG?
-
Provides the return potential of a diversified portfolio of investment grade corporate bonds.
-
Targets zero interest rate risk by including a built-in hedge against rising rates that uses short positions in U.S. Treasury futures.
-
Generally offers lower interest rate sensitivity than short-term bonds by targeting a duration of zero.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 5/31/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | 2.79% | 1.65% | 2.87% | 1.43% | 6.26% | 7.94% | 6.36% | 4.00% | 3.55% | 11/05/2013 |
| IGHG NAV | 2.27% | 1.88% | 2.62% | 1.51% | 6.21% | 8.20% | 6.40% | 4.03% | 3.54% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 2.28% | 1.68% | 2.27% | 1.29% | 5.92% | 8.58% | 6.92% | 4.28% | 3.85% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | -0.58% | -0.79% | 2.40% | -0.79% | 5.84% | 7.09% | 7.51% | 3.78% | 3.41% | 11/05/2013 |
| IGHG NAV | -0.36% | -0.73% | 2.08% | -0.73% | 5.79% | 6.98% | 7.44% | 3.80% | 3.39% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | -0.39% | -0.78% | 2.04% | -0.78% | 5.58% | 7.47% | 7.91% | 4.05% | 3.72% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker IGHG
- Intraday Ticker IGHG.IV
- CUSIP 74347B607
- Inception Date 11/5/13
- Expense Ratio 0.30%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
- Options Available Yes
Characteristics
as of 5/31/2025- Number of Companies 182
- Net Effective Duration -0.07%
Price
as of 7/03/2025- NAV $78.32
- NAV Change $+0.16
- Market Price $78.55
- Market Price Change $+0.25
- Trading Volume (M) 13,058
- 30-Day Median Bid Ask Spread 0.29%
- View Premium / Discount
Distributions
as of 5/31/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 5.26%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Distribution Rate 5.14%
12-Month Distribution Rate represents the sum of the fund’s distributions for the last 12 months, expressed as a percentage of the NAV at the end of the previous month.
- Distribution Details
Snapshot
- Ticker IGHG
- Intraday Ticker IGHG.IV
- CUSIP 74347B607
- Inception Date 11/5/13
- Expense Ratio 0.30%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
- Options Available Yes
Characteristics
as of 5/31/2025- Number of Companies 182
- Net Effective Duration -0.07%
Price
as of 7/03/2025- NAV $78.32
- NAV Change $+0.16
- Market Price $78.55
- Market Price Change $+0.25
- Trading Volume (M) 13,058
- 30-Day Median Bid Ask Spread 0.29%
- View Premium / Discount
Distributions
as of 5/31/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 5.26%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Distribution Rate 5.14%
12-Month Distribution Rate represents the sum of the fund’s distributions for the last 12 months, expressed as a percentage of the NAV at the end of the previous month.
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 7/03/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.61% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $4,329,794.74 | 5,096,000 | BYM4WR8 |
| 1.60% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $4,298,491.60 | 4,117,000 | B6T0187 |
| 1.56% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $4,183,835.81 | 5,407,000 | BVVCSF2 |
| 1.51% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $4,057,245.33 | 4,008,000 | B43XY12 |
| 1.45% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $3,904,413.31 | 3,589,000 | B2QR213 |
| 1.26% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $3,370,888.17 | 3,157,000 | B43DYH8 |
| 1.21% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $3,245,417.14 | 3,032,000 | B4YDXD6 |
| 1.16% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $3,109,184.34 | 3,004,000 | B62X8Y8 |
| 1.13% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $3,024,426.79 | 3,198,000 | BG3KW02 |
| 1.09% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $2,922,738.24 | 3,622,000 | BFY97C8 |
| 1.05% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $2,818,294.17 | 3,192,000 | B86VSX1 |
| 1.03% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $2,757,443.13 | 3,260,000 | B8C0348 |
| 1.03% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $2,751,770.07 | 2,488,000 | B2RDM21 |
| 1.00% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,689,333.89 | 2,520,000 | B1L80H6 |
| 1.00% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $2,673,709.37 | 2,498,000 | B1SBFX9 |
| 0.98% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $2,642,360.51 | 2,897,000 | BZ3FFJ0 |
| 0.97% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $2,593,167.56 | 2,938,000 | BF04KW8 |
| 0.91% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $2,437,891.63 | 2,153,000 | B2PHBR3 |
| 0.88% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $2,355,999.37 | 2,676,000 | BYQ29R7 |
| 0.88% | -- | BANCO SANTANDER SA | 6.92% | 08/08/2033 | -- | $2,355,071.46 | 2,180,000 | BRF3T49 |
| 0.84% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $2,243,241.29 | 2,026,000 | B2RK1T2 |
| 0.83% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $2,236,344.99 | 2,104,000 | B24FY35 |
| 0.83% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $2,218,963.46 | 2,037,000 | BCRXKM7 |
| 0.83% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $2,217,032.52 | 2,122,000 | B287YY8 |
| 0.82% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $2,194,841.06 | 2,513,000 | BM9K8M2 |
| 0.81% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $2,170,760.41 | 2,395,000 | BY58YT3 |
| 0.78% | -- | SUMITOMO MITSUI FINL GRP | 5.77% | 01/13/2033 | -- | $2,095,219.91 | 1,997,000 | BMTX144 |
| 0.78% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $2,080,960.00 | 2,195,000 | BF6DYK5 |
| 0.77% | -- | SPRINT CAPITAL CORP | 8.75% | 03/15/2032 | -- | $2,067,515.34 | 1,709,000 | 2964029 |
| 0.77% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $2,061,019.67 | 1,863,000 | B3KFDY0 |
| 0.77% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $2,053,428.07 | 1,736,000 | B65HZL3 |
| 0.76% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $2,046,706.85 | 1,734,000 | B2RFJL5 |
| 0.75% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $2,024,286.63 | 1,787,000 | B3LVPV8 |
| 0.73% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $1,966,580.47 | 2,239,000 | BCZM189 |
| 0.73% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $1,962,902.43 | 1,848,000 | B1VQ7M4 |
| 0.72% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $1,930,074.12 | 2,104,000 | BMD7ZZ1 |
| 0.71% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,909,569.12 | 2,109,000 | BNG28J5 |
| 0.70% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $1,877,122.42 | 1,960,000 | BYT35M4 |
| 0.70% | -- | ROYAL BANK OF CANADA | 5.15% | 02/01/2034 | -- | $1,876,013.75 | 1,838,000 | BRF20R6 |
| 0.70% | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $1,874,990.57 | 2,159,000 | BYQNQH9 |
| 0.69% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,856,204.16 | 1,696,000 | B57GT08 |
| 0.68% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $1,827,870.16 | 1,651,000 | B39F3N0 |
| 0.68% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $1,811,837.50 | 1,745,000 | B62V507 |
| 0.67% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $1,785,939.68 | 2,094,000 | BVJXZY5 |
| 0.67% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $1,785,091.88 | 1,426,000 | B3Q88R1 |
| 0.66% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $1,774,028.93 | 1,555,000 | BKPTBZ3 |
| 0.66% | -- | FORD MOTOR COMPANY | 7.45% | 07/16/2031 | -- | $1,772,364.03 | 1,632,000 | 5733992 |
| 0.65% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $1,733,510.42 | 1,561,000 | B4T4431 |
| 0.64% | -- | SHELL FINANCE US INC | 4.38% | 05/11/2045 | -- | $1,706,553.03 | 2,021,000 | BR4TTW6 |
| 0.63% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $1,688,593.89 | 1,533,000 | B2418B9 |
| 0.63% | -- | MERCEDES-BENZ FIN NA | 8.50% | 01/18/2031 | -- | $1,683,674.94 | 1,420,000 | B065ZJ2 |
| 0.63% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $1,682,863.07 | 1,699,000 | BP8Y7Q3 |
| 0.62% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $1,674,895.36 | 1,567,000 | B1FTHZ2 |
| 0.62% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $1,672,279.41 | 1,873,000 | BWC4YL2 |
| 0.62% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $1,663,698.83 | 1,656,000 | BGYY0D2 |
| 0.62% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $1,663,474.84 | 1,713,000 | BF22PM5 |
| 0.61% | -- | BANCO SANTANDER SA | 5.44% | 07/15/2031 | -- | $1,646,724.84 | 1,591,000 | BS6VKD5 |
| 0.61% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $1,641,467.78 | 1,830,000 | BYZYSL1 |
| 0.61% | -- | BANCO SANTANDER SA | 6.94% | 11/07/2033 | -- | $1,629,378.99 | 1,450,000 | BQ6C3K2 |
| 0.60% | -- | SUMITOMO MITSUI FINL GRP | 5.56% | 07/09/2034 | -- | $1,610,117.07 | 1,565,000 | BT5FJ27 |
| 0.59% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $1,580,390.74 | 1,423,000 | B170DG6 |
| 0.57% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $1,527,397.85 | 1,659,000 | BYRLRK2 |
| 0.57% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $1,523,326.58 | 1,571,000 | BJTGHH7 |
| 0.56% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $1,514,596.31 | 1,569,000 | B92PSY5 |
| 0.56% | -- | UBS GROUP AG | 4.88% | 05/15/2045 | -- | $1,509,586.72 | 1,679,000 | BPX2D53 |
| 0.56% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $1,508,014.96 | 1,389,000 | B2NP6Q3 |
| 0.56% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $1,503,078.80 | 1,643,000 | BM6NVC5 |
| 0.56% | -- | OCCIDENTAL PETROLEUM COR | 6.45% | 09/15/2036 | -- | $1,500,770.27 | 1,463,000 | BK8VN61 |
| 0.56% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,499,963.89 | 1,358,000 | B1Z54W6 |
| 0.56% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $1,491,147.40 | 1,498,000 | BWXV3J3 |
| 0.55% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $1,473,234.72 | 1,658,000 | BJZ7ZQ9 |
| 0.54% | -- | BANCO SANTANDER SA | 6.35% | 03/14/2034 | -- | $1,457,075.40 | 1,396,000 | BS9CCW8 |
| 0.54% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,456,446.48 | 1,844,000 | BKVJXB7 |
| 0.54% | -- | SHELL FINANCE US INC | 4.00% | 05/10/2046 | -- | $1,453,197.74 | 1,828,000 | BR4TV31 |
| 0.54% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $1,442,836.54 | 1,929,000 | BCHWWF1 |
| 0.54% | -- | JOHN DEERE CAPITAL CORP | 5.15% | 09/08/2033 | -- | $1,439,435.80 | 1,401,000 | BNSP609 |
| 0.53% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $1,435,498.36 | 1,578,000 | BY8L4X3 |
| 0.53% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,422,459.59 | 1,344,000 | B3RZKK8 |
| 0.52% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $1,405,151.35 | 1,304,000 | B1YLTG4 |
| 0.52% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $1,390,784.68 | 1,235,000 | 2859233 |
| 0.51% | -- | SHELL FINANCE US INC | 4.13% | 05/11/2035 | -- | $1,379,139.91 | 1,462,000 | BR4TV20 |
| 0.51% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $1,360,187.93 | 1,363,000 | B7RB2F3 |
| 0.50% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $1,349,055.32 | 1,562,000 | BDGLCL2 |
| 0.50% | -- | SUMITOMO MITSUI FINL GRP | 6.18% | 07/13/2043 | -- | $1,331,249.67 | 1,257,000 | BRF2J57 |
| 0.49% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $1,318,893.39 | 1,224,000 | B13VN63 |
| 0.49% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $1,302,771.15 | 1,953,000 | BNTDCD7 |
| 0.48% | -- | VERIZON COMMUNICATIONS | 4.52% | 09/15/2048 | -- | $1,285,394.68 | 1,517,000 | BYRLSF4 |
| 0.47% | -- | TORONTO-DOMINION BANK | 4.46% | 06/08/2032 | -- | $1,256,038.32 | 1,285,000 | BQB7JS2 |
| 0.47% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $1,248,688.21 | 1,204,000 | B1VJP74 |
| 0.46% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $1,241,960.29 | 1,452,000 | BS9FPF1 |
| 0.46% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $1,231,302.24 | 1,197,000 | B28WMV6 |
| 0.46% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $1,230,052.49 | 1,345,000 | BGDXK74 |
| 0.46% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $1,226,596.40 | 1,250,000 | B44YJW0 |
| 0.46% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $1,225,852.40 | 1,302,000 | BDCMR69 |
| 0.45% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $1,216,080.21 | 1,480,000 | B944GF7 |
| 0.45% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $1,207,870.08 | 1,150,000 | B0BXDC0 |
| 0.45% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $1,207,649.22 | 1,417,000 | BKFH1R9 |
| 0.45% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $1,200,885.39 | 1,328,000 | B8Y96M2 |
| 0.44% | -- | TIME WARNER CABLE ENTRMN | 8.38% | 07/15/2033 | -- | $1,191,534.58 | 1,024,000 | 2727266 |
| 0.44% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $1,184,292.22 | 1,088,000 | 7392227 |
| 0.44% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $1,183,732.44 | 1,341,000 | BM9CQB3 |
| 0.44% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $1,174,199.95 | 1,614,000 | BKSJPT2 |
| 0.43% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $1,153,446.17 | 1,094,000 | B1G7Y98 |
| 0.43% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $1,153,246.03 | 1,010,000 | B242VX5 |
| 0.43% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $1,141,435.35 | 951,000 | B2Q1497 |
| 0.42% | -- | GOLDMAN SACHS GROUP INC | 6.13% | 02/15/2033 | -- | $1,139,968.55 | 1,047,000 | 2350640 |
| 0.42% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $1,136,044.21 | 1,891,000 | BLN8Y83 |
| 0.42% | -- | UNITED AIR 2023-1 A PTT | 5.80% | 01/15/2036 | -- | $1,119,842.84 | 1,106,254 | BRRH916 |
| 0.42% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,119,575.88 | 1,024,000 | B39XY20 |
| 0.41% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $1,109,304.43 | 1,011,000 | B283338 |
| 0.41% | -- | JOHN DEERE CAPITAL CORP | 5.10% | 04/11/2034 | -- | $1,107,100.91 | 1,087,000 | BSVHXY0 |
| 0.40% | -- | TOYOTA MOTOR CREDIT CORP | 5.55% | 11/20/2030 | -- | $1,079,025.20 | 1,030,000 | BP0VPB3 |
| 0.40% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $1,064,827.44 | 965,000 | B29SN65 |
| 0.39% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $1,053,257.99 | 1,233,000 | B5NNJ47 |
| 0.39% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $1,046,569.64 | 1,057,000 | B4TV238 |
| 0.39% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $1,045,918.70 | 1,240,000 | B6Z7568 |
| 0.39% | -- | HP INC | 6.00% | 09/15/2041 | -- | $1,045,663.35 | 1,037,000 | B5V6LS6 |
| 0.39% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $1,044,893.94 | 1,069,000 | B5TZB18 |
| 0.39% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $1,039,294.28 | 1,306,000 | BFMYF65 |
| 0.38% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $1,032,971.83 | 1,039,000 | BYZKXZ8 |
| 0.38% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $1,009,005.22 | 877,000 | 2836399 |
| 0.38% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $1,007,676.63 | 928,000 | 7518926 |
| 0.37% | -- | WELLS FARGO & COMPANY | 5.38% | 11/02/2043 | -- | $989,179.73 | 1,036,000 | BFVGYC1 |
| 0.36% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $963,880.07 | 1,091,000 | BMWC8Z8 |
| 0.35% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $935,793.34 | 1,028,000 | B82MC25 |
| 0.35% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $933,029.74 | 1,094,000 | B9D69N3 |
| 0.34% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $919,822.28 | 963,000 | BYNWXZ6 |
| 0.34% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $917,441.93 | 952,000 | BYP6GR9 |
| 0.34% | -- | SUMITOMO MITSUI FINL GRP | 2.22% | 09/17/2031 | -- | $909,543.84 | 1,053,000 | BMHLCZ8 |
| 0.34% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $907,606.29 | 976,000 | B819DG8 |
| 0.34% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $899,930.41 | 1,067,000 | BF2TMG9 |
| 0.33% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $894,010.16 | 934,000 | B57Y827 |
| 0.33% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $873,412.36 | 1,017,000 | B78K6L3 |
| 0.32% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $868,247.95 | 1,051,000 | B8J5PR3 |
| 0.32% | -- | ELEVANCE HEALTH INC | 4.65% | 01/15/2043 | -- | $860,108.12 | 985,000 | B88F2Y0 |
| 0.32% | -- | SHELL INTERNATIONAL FIN | 5.50% | 03/25/2040 | -- | $858,203.17 | 851,000 | B4XNLW2 |
| 0.32% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $852,484.96 | 972,000 | BP8JVG6 |
| 0.32% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $852,200.82 | 1,013,000 | B8HK5Z8 |
| 0.31% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $832,233.84 | 864,000 | BYTRVR3 |
| 0.29% | -- | WESTPAC BANKING CORP | 3.13% | 11/18/2041 | -- | $790,135.82 | 1,088,000 | BLD9486 |
| 0.29% | -- | NOMURA HOLDINGS INC | 5.78% | 07/03/2034 | -- | $788,697.39 | 766,000 | BT3JZL2 |
| 0.29% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $788,603.30 | 908,000 | BNBYGX6 |
| 0.29% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $771,717.92 | 858,000 | BKBQ3G3 |
| 0.27% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $734,673.91 | 877,000 | BBD6G92 |
| 0.27% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $731,689.19 | 933,000 | BYYXY44 |
| 0.27% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $723,777.85 | 859,000 | B968SP1 |
| 0.27% | -- | CISCO SYSTEMS INC | 5.50% | 01/15/2040 | -- | $718,783.38 | 699,000 | B596Q94 |
| 0.26% | -- | BARCLAYS PLC | 4.95% | 01/10/2047 | -- | $702,958.17 | 774,000 | BD72S38 |
| 0.25% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $683,346.75 | 657,000 | B1G5DX9 |
| 0.25% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $660,314.66 | 769,000 | BGLPFR7 |
| 0.24% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $635,470.21 | 723,000 | BFY9706 |
| 0.23% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $608,175.03 | 689,000 | BXC5WP2 |
| 0.22% | -- | SUMITOMO MITSUI FINL GRP | 5.84% | 07/09/2044 | -- | $600,369.21 | 595,000 | BT5FJ50 |
| 0.22% | -- | JOHN DEERE CAPITAL CORP | 4.40% | 09/08/2031 | -- | $584,064.07 | 588,000 | BTFK557 |
| 0.22% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $578,903.53 | 614,000 | BYWZXG7 |
| 0.22% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $577,090.31 | 670,000 | BSKDLG7 |
| 0.20% | -- | ROYAL BANK OF CANADA | 5.00% | 02/01/2033 | -- | $550,072.10 | 542,000 | BQ3Q0J5 |
| 0.20% | -- | FORD MOTOR COMPANY | 4.75% | 01/15/2043 | -- | $537,286.84 | 693,000 | B8H94Y7 |
| 0.19% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $516,841.12 | 706,000 | BMX5050 |
| 0.18% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $488,136.28 | 518,000 | BKJL6Z0 |
| 0.18% | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $479,338.87 | 560,000 | BLR6S70 |
| 0.17% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $457,547.21 | 551,000 | BN459D7 |
| 0.17% | -- | ASTRAZENECA PLC | 6.45% | 09/15/2037 | -- | $455,955.34 | 408,000 | B24FYQ8 |
| 0.16% | -- | PFIZER INC | 4.40% | 05/15/2044 | -- | $437,314.58 | 500,000 | BMMB3K5 |
| 0.16% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $420,536.36 | 450,000 | BDFLJN4 |
| 0.15% | -- | VODAFONE GROUP PLC | 5.25% | 05/30/2048 | -- | $408,040.63 | 446,000 | BYWFVF2 |
| 0.14% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $384,376.24 | 369,000 | B0J45R4 |
| 0.14% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $370,182.54 | 354,000 | B3LR141 |
| 0.12% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $333,702.82 | 400,000 | B8HTMS7 |
| 0.12% | -- | COCA-COLA CO/THE | 2.60% | 06/01/2050 | -- | $310,085.60 | 500,000 | BKSJPS1 |
| 0.11% | -- | JPMORGAN CHASE & CO | 5.63% | 08/16/2043 | -- | $300,455.13 | 300,000 | BD035K4 |
| 0.11% | -- | ROYAL BANK OF CANADA | 3.88% | 05/04/2032 | -- | $286,211.36 | 300,000 | BP4CQX1 |
| 0.09% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $237,807.16 | 300,000 | BX2H0V0 |
| 0.09% | -- | UNITEDHEALTH GROUP INC | 4.75% | 07/15/2045 | -- | $237,069.54 | 268,000 | BYTRVP1 |
| 0.09% | -- | SHELL FINANCE US INC | 3.75% | 09/12/2046 | -- | $230,313.77 | 300,000 | BR4TTZ9 |
| 0.08% | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $224,703.52 | 274,000 | BZ3FFH8 |
| 0.08% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $203,220.79 | 234,000 | BK6WV73 |
| 0.05% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $134,737.62 | 144,000 | B8ZRND5 |
| 0.03% | -- | BANCO SANTANDER SA | 6.03% | 01/17/2035 | -- | $75,581.39 | 72,000 | BSHWBT0 |
| 0.02% | -- | COCA-COLA CO/THE | 2.25% | 01/05/2032 | -- | $44,170.52 | 50,000 | BLF8XX9 |
| 0.02% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $41,207.96 | 48,000 | BDSFRX9 |
| -3.29% | -- | US ULTRA BOND CBT BOND 19/SEP/2025 WNU5 COMDTY | -- | -- | -8,824,219 | -- | -75 | -- |
| -26.85% | -- | US 10YR NOTE (CBT) BOND 19/SEP/2025 TYU5 COMDTY | -- | -- | -72,069,750 | -- | -648 | -- |
| -58.19% | -- | US LONG BOND(CBT) BOND 19/SEP/2025 USU5 COMDTY | -- | -- | -156,179,750 | -- | -1,367 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $16,607,687.12 | 16,607,687 | -- |
Index
as of 3/31/2025
- Total Number of Issues198
- Long Portfolio Duration9.70
- Net Effective Duration-0.10
- Long Portfolio Yield5.52
- Net Index Yield5.50
About the Index
The FTSE Corporate Investment Grade Treasury Index is designed to measure the performance of investment grade corporate debt. The Index measures the performance of two positions: (1) a long position in investmentgrade corporate bonds; and (2) a duration-matched short position in U.S. Treasury bonds.
Distributions
For
2025
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Rising Rates Insights and Research
The Current Case for a Rate Hedged Bond Strategy
Even a minor rise in interest rates drags on corporate bond returns. Interest rate hedged strategies target zero rate risk while maintaining return potential.
Read More