Investment Grade—Interest Rate Hedged - IGHG Investment Grade—Interest Rate Hedged

ProShares Investment Grade—Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index.

  • 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
  • Offers even less interest rate sensitivity than short-term bonds by targeting a duration of zero

As of 6/26/19

Description Coupon Maturity Date Exposure Value
(Notional + G/L)
Market Value ($) Shares/Contracts
US ULTRA BOND FUTURE 09/19/2019 (WNU9) - - (27,342,968.75) - (155.00)
US 10 YR NOTE FUTURE 09/19/2019 (TYU9) - - (108,582,281.25) - (851.00)
US LONG FUTURE 09/19/2019 (USU9) - - (156,983,343.75) - (1,013.00)
GOLDMAN SACHS GROUP INC 6.750 10/1/37 - $4,636,638.87 3,560,000.00
PFIZER INC 7.200 3/15/39 - $4,600,160.29 3,047,000.00
BARCLAYS PLC 4.375 1/12/26 - $3,466,387.58 3,361,000.00
APPLE INC 3.200 5/13/25 - $3,179,494.95 3,055,000.00
MITSUBISHI UFJ FINANCIAL GROUP INC 3.850 3/1/26 - $2,954,728.03 2,777,000.00
GLAXOSMITHKLINE CAPITAL INC 6.375 5/15/38 - $2,922,298.80 2,107,000.00
MEDTRONIC INC 4.625 3/15/45 - $2,921,325.67 2,432,000.00
TELEFONICA EMISIONES SAU 7.045 6/20/36 - $2,834,497.52 2,165,000.00
CONOCOPHILLIPS 6.500 2/1/39 - $2,798,561.33 2,009,000.00
CITIGROUP INC 4.450 9/29/27 - $2,704,218.21 2,523,000.00
HOME DEPOT INC 5.875 12/16/36 - $2,609,757.67 1,982,000.00
UNITED TECHNOLOGIES CORP 5.700 4/15/40 - $2,583,916.41 2,047,000.00
GOLDMAN SACHS GROUP INC 6.250 2/1/41 - $2,403,318.00 1,810,000.00
VODAFONE GROUP PLC 5.250 5/30/48 - $2,371,129.29 2,190,000.00
RABOBANK INTERNATIONAL (UTRECHT BRANCH) 5.250 8/4/45 - $2,302,845.22 1,925,000.00
ORACLE CORP 5.375 7/15/40 - $2,245,095.97 1,790,000.00
MEDTRONIC INC 3.500 3/15/25 - $2,200,221.26 2,081,000.00
VERIZON COMMUNICATIONS INC 4.862 8/21/46 - $2,183,665.70 1,902,000.00
VERIZON COMMUNICATIONS 4.125 3/16/27 - $2,173,386.49 2,008,000.00
SUMITOMO MITSUI FINANCIAL GROUP INC 3.784 3/9/26 - $2,142,384.90 2,021,000.00
ING GROEP NV 3.950 3/29/27 - $2,138,431.04 2,039,000.00
GE CAPITAL INTL FUNDING 4.418 11/15/35 - $2,137,848.29 2,185,000.00
CRED SUIS GP FUN LTD 4.550 4/17/26 - $2,116,693.42 1,955,000.00
SHELL INTL FINANCE BV 4.375 5/11/45 - $2,092,431.12 1,842,000.00
HSBC HOLDINGS PLC 5.250 3/14/44 - $2,082,506.01 1,807,000.00
COOPERATIEVE RABOBANK UA 5.750 12/1/43 - $1,974,765.44 1,562,000.00
MORGAN STANLEY 4.300 1/27/45 - $1,966,540.45 1,808,000.00
GENERAL ELECTRIC CO 4.500 3/11/44 - $1,938,174.78 2,000,000.00
AMERICA MOVIL SAB DE CV 6.125 3/30/40 - $1,929,129.27 1,486,000.00
MORGAN STANLEY 3.875 1/27/26 - $1,891,447.73 1,785,000.00
WESTPAC BANKING CORP 2.850 5/13/26 - $1,888,342.01 1,880,000.00
METLIFE INC 4.050 3/1/45 - $1,884,088.17 1,751,000.00
WELLS FARGO & COMPANY 3.000 4/22/26 - $1,878,027.92 1,867,000.00
JPMORGAN CHASE & CO 5.500 10/15/40 - $1,874,746.14 1,476,000.00
HSBC BANK USA NA 5.875 11/1/34 - $1,871,503.66 1,496,000.00
MORGAN STANLEY 5.000 11/24/25 - $1,870,523.76 1,693,000.00
SHELL INTL FINANCE BV 3.250 5/11/25 - $1,835,690.40 1,761,000.00
GE CAPITAL INTL FUNDING 3.373 11/15/25 - $1,811,704.66 1,800,000.00
BANCO SANTANDER SA 4.250 4/11/27 - $1,809,520.95 1,731,000.00
WELLS FARGO & COMPANY 3.000 10/23/26 - $1,805,207.19 1,796,000.00
SHELL INTL FINANCE BV 6.375 12/15/38 - $1,799,109.47 1,291,000.00
TELEFONICA EMISIONES SAU 4.895 3/6/48 - $1,771,317.41 1,700,000.00
VALE OVERSEAS LTD 6.875 11/10/39 - $1,756,331.50 1,463,000.00
BANK OF AMERICA CORP 5.875 2/7/42 - $1,749,422.60 1,322,000.00
PFIZER INC 3.000 12/15/26 - $1,740,735.77 1,696,000.00
UNITEDHEALTH GROUP INC 4.750 7/15/45 - $1,735,162.16 1,476,000.00
MITSUBISHI UFJ FIN GRP 3.677 2/22/27 - $1,733,064.50 1,646,000.00
VERIZON COMMUNICATIONS 4.500 8/10/33 - $1,731,282.84 1,546,000.00
JPMORGAN CHASE & CO 4.950 6/1/45 - $1,718,205.46 1,459,000.00
FORD MOTOR CREDIT CO LLC 4.389 1/8/26 - $1,682,020.08 1,685,000.00
ECOPETROL SA 5.875 5/28/45 - $1,650,788.74 1,499,000.00
HSBC HOLDINGS PLC 6.500 5/2/36 - $1,630,928.23 1,266,000.00
AT&T INC 5.350 9/1/40 - $1,617,754.56 1,450,000.00
SHELL INTL FINANCE BV 4.550 8/12/43 - $1,574,179.60 1,359,000.00
BERKSHIRE HATHAWAY ENERG 6.125 4/1/36 - $1,573,934.91 1,186,000.00
UNITED PARCEL SERVICE INC 6.200 1/15/38 - $1,566,017.68 1,164,000.00
WAL-MART STORES INC 6.500 8/15/37 - $1,557,137.32 1,088,000.00
BHP BILLITON FINANCE USA LTD 4.125 2/24/42 - $1,548,186.02 1,412,000.00
GENERAL ELECTRIC CAPITAL CORP 6.750 3/15/32 - $1,548,053.01 1,263,000.00
LLOYDS BANKING GROUP PLC 4.344 1/9/48 - $1,543,705.90 1,600,000.00
VODAFONE GROUP PLC 6.150 2/27/37 - $1,521,562.66 1,280,000.00
HSBC HOLDINGS PLC 3.900 5/25/26 - $1,515,279.79 1,454,000.00
VODAFONE GROUP PLC 4.375 5/30/28 - $1,511,613.31 1,412,000.00
WELLS FARGO & COMPANY 4.100 6/3/26 - $1,505,581.46 1,428,000.00
ASTRAZENECA PLC 6.450 9/15/37 - $1,489,591.70 1,109,000.00
BANK OF AMERICA CORP 5.000 1/21/44 - $1,486,399.35 1,235,000.00
VERIZON COMMUNICATIONS 4.272 1/15/36 - $1,452,893.54 1,351,000.00
COMCAST CORP 4.250 1/15/33 - $1,450,822.02 1,301,000.00
APPLE INC 3.850 5/4/43 - $1,439,798.11 1,374,000.00
VIACOM INC 4.375 3/15/43 - $1,439,096.18 1,475,000.00
SUMITOMO MITSUI FINL GRP 2.632 7/14/26 - $1,433,163.90 1,454,000.00
APPLE INC 3.450 2/9/45 - $1,422,848.35 1,443,000.00
CISCO SYSTEMS INC 5.900 2/15/39 - $1,405,457.00 1,039,000.00
VALE OVERSEAS LTD 6.250 8/10/26 - $1,404,300.00 1,240,000.00
CREDIT SUISSE GROUP FUNDING (GUERNSEY) LTD 4.875 5/15/45 - $1,393,855.08 1,200,000.00
ORACLE CORP 6.125 7/8/39 - $1,391,983.48 1,027,000.00
CISCO SYSTEMS INC 5.500 1/15/40 - $1,380,698.66 1,056,000.00
MORGAN STANLEY 4.000 7/23/25 - $1,380,648.32 1,294,000.00
DUKE ENERGY FLORIDA INC 6.400 6/15/38 - $1,372,976.98 986,000.00
FIRSTENERGY CORP 7.375 11/15/31 - $1,372,561.44 1,008,000.00
TIME WARNER CABLE INC 6.750 6/15/39 - $1,372,427.74 1,187,000.00
COCA-COLA CO 2.875 10/27/25 - $1,367,030.99 1,325,000.00
GLAXOSMITHKLINE CAPITAL INC 3.875 5/15/28 - $1,360,897.10 1,250,000.00
NBCUNIVERSAL MEDIA LLC 4.450 1/15/43 - $1,352,437.36 1,232,000.00
MIZUHO FINANCIAL GROUP 3.170 9/11/27 - $1,345,676.16 1,321,000.00
INTL BUSINESS MACHINES CORP 4.000 6/20/42 - $1,338,652.49 1,312,000.00
CITIGROUP INC 4.300 11/20/26 - $1,335,547.17 1,261,000.00
HCA INC 5.250 4/15/25 - $1,334,492.60 1,211,000.00
JPMORGAN CHASE & CO 5.600 7/15/41 - $1,326,783.94 1,033,000.00
BANK OF AMERICA CORP 7.750 5/14/38 - $1,326,233.79 902,000.00
COMCAST CORP 4.650 7/15/42 - $1,320,145.73 1,160,000.00
HSBC HOLDINGS PLC 6.800 6/1/38 - $1,309,064.06 978,000.00
ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.750 7/15/42 - $1,294,023.76 1,381,000.00
DAIMLER FINANCE NORTH AMERICA LLC 8.500 1/18/31 - $1,287,090.96 868,000.00
ASTRAZENECA PLC 3.375 11/16/25 - $1,285,941.29 1,235,000.00
ANADARKO PETROLEUM CORP 6.450 9/15/36 - $1,283,803.80 1,050,000.00
WALT DISNEY COMPANY/THE 1.850 7/30/26 - $1,283,656.54 1,330,000.00
GENERAL MOTORS CO 5.200 4/1/45 - $1,276,322.18 1,353,000.00
BANK OF AMERICA CORP 3.950 4/21/25 - $1,272,166.95 1,217,000.00
LLOYDS BANKING GROUP PLC 4.582 12/10/25 - $1,256,061.75 1,208,000.00
MERCK & CO INC 4.150 5/18/43 - $1,242,286.44 1,128,000.00
SOUTHERN COPPER CORP 5.250 11/8/42 - $1,227,499.43 1,126,000.00
WEYERHAEUSER CO 7.375 3/15/32 - $1,227,239.61 880,000.00
AT&T INC 5.550 8/15/41 - $1,166,907.07 1,020,000.00
VALERO ENERGY CORP 6.625 6/15/37 - $1,145,414.42 918,000.00
BHP BILLITON FINANCE USA LTD 5.000 9/30/43 - $1,134,733.37 917,000.00
TIME WARNER CABLE INC 7.300 7/1/38 - $1,122,749.96 927,000.00
CITIGROUP INC 4.400 6/10/25 - $1,113,778.97 1,046,000.00
NEXEN ENERGY ULC 6.400 5/15/37 - $1,108,884.39 833,000.00
ALTRIA GROUP INC 5.375 1/31/44 - $1,101,510.37 1,044,000.00
PHILLIPS 66 5.875 5/1/42 - $1,097,068.68 892,000.00
KINDER MORGAN ENERGY PARTNERS LP 6.950 1/15/38 - $1,094,838.61 862,000.00
CONOCOPHILLIPS HLDG CO 6.950 4/15/29 - $1,088,809.11 814,000.00
FORD MOTOR CO 7.450 7/16/31 - $1,054,797.52 897,000.00
BANK OF AMERICA CORP 4.250 10/22/26 - $1,049,196.36 985,000.00
JPMORGAN CHASE & CO 5.625 8/16/43 - $1,048,578.91 833,000.00
LLOYDS BANKING GROUP PLC 3.750 1/11/27 - $1,043,020.80 1,030,000.00
WILLIAMS PARTNERS LP 6.300 4/15/40 - $1,042,699.45 865,000.00
BP CAPITAL MARKETS PLC 3.506 3/17/25 - $1,040,984.21 993,000.00
CATERPILLAR INC 3.803 8/15/42 - $1,034,545.20 978,000.00
CNOOC FINANCE (2015) USA LLC 3.500 5/5/25 - $1,027,424.37 1,000,000.00
KRAFT HEINZ FOODS CO 5.000 6/4/42 - $1,022,176.22 1,011,000.00
UNITEDHEALTH GROUP INC 3.100 3/15/26 - $1,012,966.44 987,000.00
TELEFONICA EUROPE BV 8.250 9/15/30 - $1,010,553.27 723,000.00
AMERICA MOVIL SAB DE CV 4.375 7/16/42 - $1,007,107.04 944,000.00
MICROSOFT CORP 4.500 10/1/40 - $1,005,014.49 852,000.00
PFIZER INC 2.750 6/3/26 - $1,003,696.98 994,000.00
STATE STREET CORP 3.550 8/18/25 - $984,533.71 934,000.00
CENOVUS ENERGY INC 6.750 11/15/39 - $978,792.24 831,000.00
CITIGROUP INC 3.700 1/12/26 - $971,566.72 926,000.00
UNITEDHEALTH GROUP INC 4.625 7/15/35 - $970,253.76 839,000.00
HP INC 6.000 9/15/41 - $949,082.33 865,000.00
SUNCOR ENERGY INC 6.500 6/15/38 - $948,257.74 716,000.00
GOLDMAN SACHS GROUP INC 4.250 10/21/25 - $945,295.94 896,000.00
JPMORGAN CHASE & CO 5.400 1/6/42 - $941,729.08 748,000.00
GENERAL ELECTRIC CAPITAL CORP 6.875 1/10/39 - $934,731.96 750,000.00
WAL MART STORES INC 5.250 9/1/35 - $933,236.08 737,000.00
COMCAST CORP 4.750 3/1/44 - $923,605.49 803,000.00
CITIGROUP INC 5.875 1/30/42 - $923,475.53 707,000.00
TARGET CORP 2.500 4/15/26 - $907,153.83 904,000.00
BERKSHIRE HATHAWAY INC 4.500 2/11/43 - $900,635.47 780,000.00
MICROSOFT CORP 5.300 2/8/41 - $896,831.69 694,000.00
WELLS FARGO & COMPANY 5.375 11/2/43 - $895,812.68 748,000.00
VERIZON COMMUNICATIONS 5.250 3/16/37 - $891,426.19 750,000.00
WYETH LLC 5.950 4/1/37 - $887,972.68 677,000.00
NATIONAL AUSTRALIA BK/NY 2.500 7/12/26 - $884,687.18 902,000.00
JPMORGAN CHASE & CO 4.850 2/1/44 - $884,642.81 750,000.00
ROYAL BANK OF SCOTLAND GROUP PLC 4.800 4/5/26 - $881,664.93 829,000.00
JM SMUCKER CO 3.500 3/15/25 - $880,099.39 852,000.00
UNITEDHEALTH GROUP INC 6.875 2/15/38 - $878,792.80 612,000.00
AXA SA 8.600 12/15/30 - $871,640.00 616,000.00
MORGAN STANLEY 4.350 9/8/26 - $864,198.81 809,000.00
FORD MOTOR COMPANY 4.750 1/15/43 - $859,788.63 1,000,000.00
NOVARTIS CAPITAL CORP 4.400 5/6/44 - $859,068.06 743,000.00
VODAFONE GROUP PLC 5.000 5/30/38 - $855,286.36 804,000.00
GOLDMAN SACHS GROUP INC 5.150 5/22/45 - $849,092.80 750,000.00
SUMITOMO MITSUI FINL GRP 3.446 1/11/27 - $843,209.08 811,000.00
EMBRAER NETHERLANDS FINA 5.050 6/15/25 - $839,127.60 776,000.00
PNC BANK NA 4.050 7/26/28 - $836,455.65 772,000.00
HALLIBURTON CO 7.450 9/15/39 - $835,969.50 611,000.00
BAKER HUGHES INC 5.125 9/15/40 - $830,361.69 762,000.00
HESS CORP 5.600 2/15/41 - $829,408.09 785,000.00
CITIGROUP INC 3.400 5/1/26 - $825,291.57 801,000.00
FIFTH THIRD BANCORP 8.250 3/1/38 - $818,818.74 556,000.00
RIO TINTO FINANCE (USA) LTD 5.200 11/2/40 - $817,034.40 662,000.00
TELEFONICA EMISIONES SAU 5.213 3/8/47 - $815,123.44 750,000.00
UNITED TECHNOLOGIES CORP 6.125 7/15/38 - $813,125.32 616,000.00
UNITEDHEALTH GROUP INC 3.850 6/15/28 - $810,249.99 750,000.00
UNITEDHEALTH GROUP INC 3.750 7/15/25 - $805,835.42 758,000.00
LLOYDS BANKING GROUP PLC 4.550 8/16/28 - $804,842.78 750,000.00
WELLS FARGO & COMPANY 4.400 6/14/46 - $802,521.52 750,000.00
TIME WARNER ENTERTAINMENT 8.375 7/15/33 - $799,755.29 596,000.00
BANK OF AMERICA CORP 6.110 1/29/37 - $795,892.95 626,000.00
SOUTHERN COPPER CORP 6.750 4/16/40 - $793,265.56 635,000.00
VODAFONE GROUP PLC 4.125 5/30/25 - $790,609.99 751,000.00
EL PASO LLC 7.750 1/15/32 - $789,635.86 577,000.00
CREDIT SUISSE GROUP FUNDING (GUERNSEY) LTD 3.750 3/26/25 - $787,497.19 759,000.00
LOCKHEED MARTIN CORP 4.070 12/15/42 - $786,917.32 719,000.00
THE WALT DISNEY COMPANY 2.950 6/15/27 - $781,730.60 750,000.00
VERIZON COMMUNICATIONS 4.125 8/15/46 - $772,499.05 745,000.00
DOW CHEMICAL CO 7.375 11/1/29 - $771,679.54 589,000.00
ASTRAZENECA PLC 4.000 9/18/42 - $762,277.30 741,000.00
COCA-COLA CO 2.250 9/1/26 - $759,961.53 768,000.00
WELLS FARGO & CO 3.000 2/19/25 - $753,451.43 744,000.00
JPMORGAN CHASE & CO 6.400 5/15/38 - $749,916.84 550,000.00
ASCENSION HEALTH 3.945 11/15/46 - $748,909.78 698,000.00
CANADIAN NATURAL RESOURCES LTD 6.250 3/15/38 - $729,880.59 596,000.00
LLOYDS BANKING GROUP PLC 4.650 3/24/26 - $728,282.26 701,000.00
ANTHEM INC 4.650 1/15/43 - $728,192.06 674,000.00
ABBVIE INC 4.400 11/6/42 - $722,825.80 750,000.00
TRANSCANADA PIPELINES 7.625 1/15/39 - $711,783.84 500,000.00
AMERICAN EXPRESS CO 4.050 12/3/42 - $711,358.45 657,000.00
VALE OVERSEAS LTD 6.875 11/21/36 - $708,737.50 590,000.00
APPLE INC 2.500 2/9/25 - $697,028.26 693,000.00
BARCLAYS PLC 3.650 3/16/25 - $693,053.22 692,000.00
SOUTHERN COPPER CORP 5.875 4/23/45 - $682,761.74 581,000.00
MEDTRONIC INC 4.375 3/15/35 - $676,180.16 592,000.00
GENERAL ELECTRIC CO 4.125 10/9/42 - $665,967.30 725,000.00
VERIZON COMMUNICATIONS 2.625 8/15/26 - $664,868.20 671,000.00
ASTRAZENECA PLC 4.375 11/16/45 - $655,477.37 600,000.00
SHELL INTERNATIONAL FIN 4.000 5/10/46 - $623,719.20 575,000.00
MIZUHO FINANCIAL GROUP INC 2.839 9/13/26 - $614,977.30 617,000.00
JEFFERIES GRP LLC / CAP 4.150 1/23/30 - $612,292.79 643,000.00
TARGET CORP 3.625 4/15/46 - $610,506.70 600,000.00
BANCO SANTANDER SA 4.379 4/12/28 - $608,523.20 576,000.00
PHILIP MORRIS INTL INC 4.250 11/10/44 - $596,625.78 575,000.00
MANULIFE FINANCIAL CORP 4.150 3/4/26 - $593,533.54 552,000.00
BANCO SANTANDER SA 3.800 2/23/28 - $581,816.49 572,000.00
ORACLE CORP 6.500 4/15/38 - $567,543.22 407,000.00
FORD MOTOR CREDIT CO LLC 4.134 8/4/25 - $566,538.41 567,000.00
SHELL INTL FINANCE BV 5.500 3/25/40 - $560,225.59 440,000.00
BANK OF AMERICA CORP 3.500 4/19/26 - $557,460.79 535,000.00
BANK OF AMERICA CORP 4.450 3/3/26 - $551,317.77 513,000.00
MIZUHO FINANCIAL GROUP 4.018 3/5/28 - $547,122.07 502,000.00
GENERAL MOTORS CO 6.250 10/2/43 - $536,070.78 507,000.00
WESTPAC BANKING CORP 2.700 8/19/26 - $521,353.61 523,000.00
US12634MAE03 4.375 5/2/28 - $516,501.61 475,000.00
WELLS FARGO & COMPANY 3.550 9/29/25 - $512,846.98 493,000.00
WALT DISNEY COMPANY/THE 3.000 2/13/26 - $463,072.05 444,000.00
COOPERATIEVE CENTRALE RAIFFEISEN BOERENLEENBANK BA 5.250 5/24/41 - $446,448.57 350,000.00
SUMITOMO MITSUI FINL GRP 3.010 10/19/26 - $404,634.49 401,000.00
PHILIP MORRIS INTL INC 6.375 5/16/38 - $393,045.10 300,000.00
METLIFE INC 4.875 11/13/43 - $391,381.27 330,000.00
JPMORGAN CHASE & CO 4.250 10/1/27 - $381,485.41 354,000.00
TARGET CORP 4.000 7/1/42 - $374,248.01 349,000.00
ANHEUSER-BUSCH INBEV WOR 4.950 1/15/42 - $370,353.13 338,000.00
APPLE INC 4.450 5/6/44 - $363,521.32 320,000.00
WELLS FARGO & COMPANY 4.650 11/4/44 - $360,881.67 328,000.00
TRANSCANADA PIPELINES 6.200 10/15/37 - $344,874.66 277,000.00
THE WALT DISNEY COMPANY 4.125 6/1/44 - $331,113.90 292,000.00
CITIGROUP INC 5.500 9/13/25 - $329,112.54 292,000.00
MITSUBISHI UFJ FIN GRP 4.050 9/11/28 - $327,493.52 300,000.00
BANCO SANTANDER SA 5.179 11/19/25 - $325,467.60 300,000.00
MITSUBISHI UFJ FIN GRP 3.961 3/2/28 - $324,296.09 300,000.00
CITIGROUP INC 4.600 3/9/26 - $322,385.25 300,000.00
MITSUBISHI UFJ FIN GRP 3.741 3/7/29 - $320,455.64 300,000.00
SUMITOMO MITSUI FINL GRP 3.364 7/12/27 - $318,661.64 308,000.00
MORGAN STANLEY 6.375 7/24/42 - $317,583.91 230,000.00
COMCAST CORP 6.500 11/15/35 - $317,131.49 236,000.00
MITSUBISHI UFJ FIN GRP 3.287 7/25/27 - $309,135.03 300,000.00
UNITED TECHNOLOGIES CORP 4.500 6/1/42 - $308,073.32 275,000.00
IBM CORP 3.450 2/19/26 - $299,034.26 287,000.00
MITSUBISHI UFJ FIN GRP 2.757 9/13/26 - $297,768.60 300,000.00
LLOYDS BANKING GROUP PLC 4.450 5/8/25 - $282,863.87 266,000.00
BANK OF AMERICA CORP 4.000 1/22/25 - $277,988.59 265,000.00
STATE STREET CORP 3.300 12/16/24 - $272,194.55 261,000.00
TELEFONICA EMISIONES SAU 4.103 3/8/27 - $250,774.09 237,000.00
PFIZER INC 4.125 12/15/46 - $249,616.41 229,000.00
GENERAL ELECTRIC CO 5.875 1/14/38 - $236,650.38 210,000.00
WELLS FARGO & COMPANY 4.750 12/7/46 - $230,045.89 204,000.00
UNILEVER CAPITAL CORP 5.900 11/15/32 - $225,200.85 171,000.00
ECOPETROL SA 4.125 1/16/25 - $224,052.50 217,000.00
WELLS FARGO BANK NA 6.600 1/15/38 - $216,504.87 157,000.00
HSBC HOLDINGS PLC 4.375 11/23/26 - $210,482.86 200,000.00
COOPERATIEVE RABOBANK UA 3.750 7/21/26 - $186,138.22 183,000.00
VIACOM INC 6.875 4/30/36 - $170,370.75 137,000.00
COOPERATIEVE RABOBANK UA 4.375 8/4/25 - $165,356.15 156,000.00
MORGAN STANLEY 3.625 1/20/27 - $160,500.16 154,000.00
SHELL INTERNATIONAL FIN 2.875 5/10/26 - $155,540.78 153,000.00
BARCLAYS PLC 5.250 8/17/45 - $151,229.81 140,000.00
VERIZON COMMUNICATIONS INC 4.522 9/15/48 - $138,058.44 125,000.00
VERIZON COMMUNICATIONS 5.012 4/15/49 - $135,440.10 115,000.00
BARCLAYS PLC 4.950 1/10/47 - $135,152.87 130,000.00
COOPERATIEVE RABOBANK UA 3.375 5/21/25 - $132,711.26 127,000.00
MORGAN STANLEY 4.375 1/22/47 - $131,855.20 120,000.00
HSBC HOLDING PLC 4.250 8/18/25 - $130,100.16 124,000.00
HSBC HOLDINGS PLC 4.300 3/8/26 - $124,790.60 117,000.00
CITIGROUP INC 3.875 3/26/25 - $124,660.38 120,000.00
PFIZER INC 4.000 12/15/36 - $123,470.95 114,000.00
MORGAN STANLEY 3.125 7/27/26 - $120,630.30 119,000.00
SHELL INTERNATIONAL FIN 3.750 9/12/46 - $120,273.72 115,000.00
APPLE INC 4.375 5/13/45 - $112,145.26 100,000.00
AT&T INC 5.150 3/15/42 - $108,497.08 100,000.00
SHELL INTERNATIONAL FIN 2.500 9/12/26 - $105,958.38 107,000.00
NET OTHER ASSETS / CASH - - - $6,368,449.53 6,368,449.53