IGHG
Investment Grade—Interest Rate Hedged
Why Invest in 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.
Why Invest in 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
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
Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|---|---|
IGHG Market Price | 1.09% | 2.36% | 6.06% | 2.36% | 12.18% | 3.69% | 4.31% | 2.92% | 3.18% | 11/05/2013 |
IGHG NAV | 0.84% | 2.37% | 5.67% | 2.37% | 12.69% | 4.00% | 4.31% | 2.99% | 3.17% | 11/05/2013 |
FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 0.88% | 2.55% | 6.33% | 2.55% | 13.30% | 4.77% | 4.72% | 3.32% | 3.54% | -- |
Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|---|---|
IGHG Market Price | 1.09% | 2.36% | 6.06% | 2.36% | 12.18% | 3.69% | 4.31% | 2.92% | 3.18% | 11/05/2013 |
IGHG NAV | 0.84% | 2.37% | 5.67% | 2.37% | 12.69% | 4.00% | 4.31% | 2.99% | 3.17% | 11/05/2013 |
FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 0.88% | 2.55% | 6.33% | 2.55% | 13.30% | 4.77% | 4.72% | 3.32% | 3.54% | -- |
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
Characteristics
as of 3/31/2024- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield 5.45%
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap --
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield 5.00%
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.
- Weighted Average Yield to
Maturity 5.25% - Net Effective Duration 0.09%
Price
as of 4/25/2024- NAV $76.76
- NAV Change $-0.01
- Market Price $76.79
- Market Price Change $+0.08
- Trading Volume (M) 12,576
- 30-Day Median Bid Ask Spread 0.16%
- View Premium / Discount
Snapshot
- Ticker IGHG
- Intraday Ticker IGHG.IV
- CUSIP 74347B607
- Inception Date 11/5/13
- Unitary Expense Ratio 0.30%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 3/31/2024- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield 5.45%
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap --
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield 5.00%
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.
- Weighted Average Yield to Maturity 5.25%
- Net Effective Duration 0.09%
Price
as of 4/25/2024- NAV $76.76
- NAV Change $-0.01
- Market Price $76.79
- Market Price Change $+0.08
- Trading Volume (M) 12,576
- 30-Day Median Bid Ask Spread 0.16%
- View Premium / Discount
Exposures
Index as of 9/30/2022
Holdings
as of 4/25/2024
Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
---|---|---|---|---|---|---|---|---|
1.68% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $4,798,931.87 | 4,900,000 | B43XY12 |
1.66% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $4,742,281.39 | 4,581,000 | B43DYH8 |
1.58% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $4,504,793.92 | 5,475,000 | BYM4WR8 |
1.41% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $4,031,040.66 | 5,357,000 | BVVCSF2 |
1.39% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $3,989,034.01 | 3,847,000 | B2QR213 |
1.31% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $3,736,381.25 | 3,250,000 | B65HZL3 |
1.28% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $3,650,327.47 | 3,596,000 | B6T0187 |
1.26% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $3,605,320.29 | 3,474,000 | B4YDXD6 |
1.22% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $3,499,027.87 | 3,731,000 | BJTGHH7 |
1.21% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $3,474,041.62 | 3,417,000 | B1SBFX9 |
1.16% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $3,315,139.02 | 4,078,000 | B8C0348 |
1.13% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $3,217,673.70 | 4,062,000 | BFY97C8 |
1.11% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $3,167,766.08 | 2,950,000 | B39F3N0 |
1.03% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $2,958,343.98 | 2,894,000 | B24FY35 |
1.00% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,855,678.65 | 2,770,000 | B1L80H6 |
0.99% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $2,833,899.72 | 2,671,000 | BCRXKM7 |
0.99% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $2,829,158.89 | 2,635,000 | B2RDM21 |
0.98% | -- | BANCO SANTANDER SA | 6.92% | 08/08/2033 | -- | $2,808,007.63 | 2,762,000 | BRF3T49 |
0.97% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $2,767,286.02 | 3,259,000 | BYQ29R7 |
0.96% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $2,757,717.73 | 3,267,000 | B86VSX1 |
0.93% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $2,667,932.80 | 2,937,000 | BF6DYK5 |
0.91% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $2,597,575.88 | 2,998,000 | BZ3FFJ0 |
0.91% | -- | SHELL INTERNATIONAL FIN | 3.75% | 09/12/2046 | -- | $2,592,373.18 | 3,441,000 | BD3RRJ6 |
0.86% | -- | VERIZON COMMUNICATIONS | 4.52% | 09/15/2048 | -- | $2,451,100.12 | 2,965,000 | BYRLSF4 |
0.84% | -- | COCA-COLA CO/THE | 1.65% | 06/01/2030 | -- | $2,412,879.00 | 2,943,000 | BKSJPV4 |
0.84% | -- | SPRINT CAPITAL CORP | 8.75% | 03/15/2032 | -- | $2,395,324.58 | 2,038,000 | 2964029 |
0.83% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $2,375,510.91 | 2,611,000 | BYT35M4 |
0.81% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $2,302,340.41 | 2,748,000 | BDGLCL2 |
0.79% | -- | SUMITOMO MITSUI FINL GRP | 5.71% | 01/13/2030 | -- | $2,272,170.11 | 2,259,000 | BNM9D17 |
0.78% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/21/2036 | -- | $2,243,456.00 | 2,183,000 | B1HMKF0 |
0.77% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $2,195,809.94 | 2,204,000 | B287YY8 |
0.76% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $2,167,072.46 | 2,388,000 | BY58YT3 |
0.75% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $2,150,906.55 | 2,518,000 | BMD7ZZ1 |
0.74% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $2,128,674.37 | 1,975,000 | B3KFDY0 |
0.72% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $2,072,248.67 | 2,404,000 | BF04KW8 |
0.72% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $2,060,942.79 | 2,562,000 | BM9K8M2 |
0.72% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $2,059,769.69 | 1,860,000 | B242VX5 |
0.72% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $2,052,224.44 | 2,330,000 | BYZYSL1 |
0.72% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $2,048,633.78 | 2,395,000 | BCZM189 |
0.71% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $2,036,792.56 | 1,890,000 | B3LVPV8 |
0.70% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $2,000,520.10 | 2,001,000 | B62V507 |
0.69% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,979,323.78 | 1,844,000 | B57GT08 |
0.69% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $1,974,032.28 | 1,696,000 | B2RFJL5 |
0.68% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $1,939,706.20 | 1,815,000 | B170DG6 |
0.68% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $1,938,742.38 | 2,108,000 | BF22PM5 |
0.68% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $1,937,795.81 | 2,126,000 | B62X8Y8 |
0.65% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $1,854,107.23 | 2,055,000 | BDFLJN4 |
0.63% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $1,809,414.10 | 1,728,000 | B2RK1T2 |
0.62% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $1,786,161.27 | 1,843,000 | BP8Y7Q3 |
0.60% | -- | WALT DISNEY COMPANY/THE | 3.80% | 03/22/2030 | -- | $1,726,033.13 | 1,861,000 | BL98SN0 |
0.59% | -- | FORD MOTOR COMPANY | 7.45% | 07/16/2031 | -- | $1,699,434.78 | 1,609,000 | 5733992 |
0.58% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,652,656.99 | 1,563,000 | B1Z54W6 |
0.58% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $1,645,167.41 | 1,775,000 | BG3KW02 |
0.57% | -- | WESTPAC BANKING CORP | 3.13% | 11/18/2041 | -- | $1,635,929.05 | 2,424,000 | BLD9486 |
0.57% | -- | OCCIDENTAL PETROLEUM COR | 6.45% | 09/15/2036 | -- | $1,633,896.23 | 1,594,000 | BK8VN61 |
0.56% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $1,605,375.32 | 1,485,000 | B4T4431 |
0.56% | -- | ROYAL BANK OF CANADA | 5.15% | 02/01/2034 | -- | $1,591,752.95 | 1,650,000 | BRF20R6 |
0.55% | -- | MERCEDES-BENZ FIN NA | 8.50% | 01/18/2031 | -- | $1,586,532.90 | 1,341,000 | B065ZJ2 |
0.55% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $1,586,182.28 | 1,555,000 | B1FTHZ2 |
0.55% | -- | TORONTO-DOMINION BANK | 4.46% | 06/08/2032 | -- | $1,575,008.76 | 1,702,000 | BQB7JS2 |
0.55% | -- | UBS GROUP AG | 4.88% | 05/15/2045 | -- | $1,571,612.30 | 1,802,000 | BPX2D53 |
0.54% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $1,555,256.42 | 1,664,000 | BYTRVR3 |
0.53% | -- | COCA-COLA CO/THE | 3.45% | 03/25/2030 | -- | $1,502,857.04 | 1,638,000 | BLTZ7Y5 |
0.52% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $1,498,094.21 | 2,304,000 | BCHWWF1 |
0.52% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $1,489,110.03 | 1,725,000 | BJZ7ZQ9 |
0.52% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $1,480,231.43 | 1,713,000 | BXC5WP2 |
0.52% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $1,476,897.13 | 1,675,000 | BGDXK74 |
0.51% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $1,469,223.18 | 1,626,000 | B28WMV6 |
0.51% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,464,229.21 | 1,938,000 | BKVJXB7 |
0.49% | -- | JOHN DEERE CAPITAL CORP | 5.15% | 09/08/2033 | -- | $1,409,011.64 | 1,428,000 | BNSP609 |
0.49% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $1,407,570.35 | 1,341,000 | B1YLTG4 |
0.48% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $1,384,561.33 | 1,308,000 | B2NP6Q3 |
0.48% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $1,368,183.30 | 1,499,000 | B92PSY5 |
0.48% | -- | ECOPETROL SA | 5.88% | 05/28/2045 | -- | $1,361,788.32 | 1,922,000 | BMQXLW5 |
0.47% | -- | PROCTER & GAMBLE CO/THE | 1.20% | 10/29/2030 | -- | $1,342,230.58 | 1,694,000 | BN6LYH2 |
0.46% | -- | BANK OF NOVA SCOTIA | 4.85% | 02/01/2030 | -- | $1,313,287.36 | 1,358,000 | BPP33C1 |
0.46% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $1,309,708.19 | 1,417,000 | BYWZXG7 |
0.46% | -- | SUMITOMO MITSUI FINL GRP | 6.18% | 07/13/2043 | -- | $1,305,109.78 | 1,243,000 | BRF2J57 |
0.46% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $1,301,835.02 | 1,160,000 | B2PHBR3 |
0.46% | -- | TELEFONICA EUROPE BV | 8.25% | 09/15/2030 | -- | $1,301,796.61 | 1,161,000 | 4474021 |
0.45% | -- | MITSUBISHI UFJ FIN GRP | 2.05% | 07/17/2030 | -- | $1,295,268.20 | 1,589,000 | BL69JN3 |
0.45% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $1,287,801.19 | 1,412,000 | BDCMR69 |
0.45% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $1,280,904.24 | 1,292,000 | B7RB2F3 |
0.45% | -- | BANCO SANTANDER SA | 6.94% | 11/07/2033 | -- | $1,278,437.16 | 1,200,000 | BQ6C3K2 |
0.44% | -- | PROCTER & GAMBLE CO/THE | 3.00% | 03/25/2030 | -- | $1,257,538.45 | 1,399,000 | BMFVFK6 |
0.44% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $1,244,606.77 | 1,186,000 | B283338 |
0.43% | -- | BANCO SANTANDER SA | 3.49% | 05/28/2030 | -- | $1,231,354.31 | 1,406,000 | BLB6SW1 |
0.43% | -- | SHELL INTERNATIONAL FIN | 4.13% | 05/11/2035 | -- | $1,226,576.35 | 1,374,000 | BXC5W85 |
0.43% | -- | HSBC HOLDINGS PLC | 4.95% | 03/31/2030 | -- | $1,221,329.95 | 1,265,000 | BLCC7J8 |
0.43% | -- | COCA-COLA CO/THE | 2.25% | 01/05/2032 | -- | $1,221,159.28 | 1,483,000 | BLF8XX9 |
0.42% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $1,211,576.59 | 1,101,000 | BKPTBZ3 |
0.42% | -- | UNITED AIR 2023-1 A PTT | 5.80% | 01/15/2036 | -- | $1,210,711.05 | 1,223,000 | -- |
0.42% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $1,209,534.89 | 1,248,000 | BWXV3J3 |
0.42% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $1,197,394.78 | 1,478,000 | BKFH1R9 |
0.42% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $1,196,256.43 | 1,319,000 | B819DG8 |
0.42% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $1,191,947.55 | 1,501,000 | B944GF7 |
0.41% | -- | SHELL INTERNATIONAL FIN | 4.00% | 05/10/2046 | -- | $1,186,094.24 | 1,515,000 | BDB2XM8 |
0.41% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $1,181,461.47 | 1,794,000 | BNTDCD7 |
0.41% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $1,173,488.98 | 1,088,000 | 2859233 |
0.41% | -- | MORGAN STANLEY | 6.38% | 07/24/2042 | -- | $1,165,482.60 | 1,090,000 | B7N7040 |
0.40% | -- | TIME WARNER CABLE ENTRMN | 8.38% | 07/15/2033 | -- | $1,154,490.34 | 1,068,000 | 2727266 |
0.40% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,152,041.06 | 1,354,000 | BNG28J5 |
0.40% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $1,148,571.66 | 1,441,000 | B8J5PR3 |
0.40% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $1,137,627.30 | 1,176,000 | B4TV238 |
0.40% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $1,132,926.19 | 1,278,000 | B8Y96M2 |
0.39% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $1,116,906.47 | 1,151,000 | BGYY0D2 |
0.39% | -- | SUNCOR ENERGY INC | 6.50% | 06/15/2038 | -- | $1,113,993.12 | 1,094,000 | B1Z7WM8 |
0.39% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $1,101,087.59 | 1,239,000 | BKJL6Z0 |
0.38% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $1,090,383.05 | 1,209,000 | BYNWXZ6 |
0.38% | -- | SUMITOMO MITSUI FINL GRP | 2.75% | 01/15/2030 | -- | $1,087,185.94 | 1,261,000 | BKY6S54 |
0.38% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $1,081,909.46 | 1,444,000 | BFMYF65 |
0.38% | -- | CNOOC PETROLEUM NORTH | 6.40% | 05/15/2037 | -- | $1,081,798.50 | 995,000 | B1WV0T6 |
0.38% | -- | ASTRAZENECA PLC | 6.45% | 09/15/2037 | -- | $1,074,148.92 | 992,000 | B24FYQ8 |
0.37% | -- | HP INC | 6.00% | 09/15/2041 | -- | $1,070,480.83 | 1,086,000 | B5V6LS6 |
0.37% | -- | UNITEDHEALTH GROUP INC | 2.00% | 05/15/2030 | -- | $1,066,909.78 | 1,288,000 | BMFKVV6 |
0.37% | -- | NOMURA HOLDINGS INC | 3.10% | 01/16/2030 | -- | $1,064,667.43 | 1,230,000 | BKRMRV8 |
0.37% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $1,063,528.41 | 1,044,000 | B1G7Y98 |
0.37% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,063,511.22 | 1,056,000 | B3RZKK8 |
0.37% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $1,057,937.24 | 993,000 | B2418B9 |
0.37% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $1,045,502.17 | 1,264,000 | B9D69N3 |
0.36% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,039,691.77 | 1,000,000 | B39XY20 |
0.35% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $1,013,259.56 | 887,000 | B2Q1497 |
0.35% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $1,011,479.29 | 973,000 | 7518926 |
0.34% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $984,837.91 | 1,027,000 | B44YJW0 |
0.34% | -- | TOYOTA MOTOR CREDIT CORP | 3.38% | 04/01/2030 | -- | $972,468.89 | 1,078,000 | BL66P03 |
0.34% | -- | NOMURA HOLDINGS INC | 2.68% | 07/16/2030 | -- | $967,964.40 | 1,161,000 | BMVPRG2 |
0.34% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $964,664.49 | 1,052,000 | BYP6GR9 |
0.34% | -- | SUMITOMO MITSUI FINL GRP | 5.77% | 01/13/2033 | -- | $962,845.26 | 957,000 | BMTX144 |
0.34% | -- | SHELL INTERNATIONAL FIN | 4.55% | 08/12/2043 | -- | $960,730.49 | 1,110,000 | BCZQWS8 |
0.33% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $957,195.05 | 1,171,000 | B8HK5Z8 |
0.33% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $952,233.38 | 948,000 | B0BXDC0 |
0.33% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $948,265.99 | 1,145,000 | BF2TMG9 |
0.32% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $926,827.79 | 965,000 | BYZKXZ8 |
0.32% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $918,657.01 | 984,000 | B57Y827 |
0.32% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $911,346.49 | 961,000 | B5TZB18 |
0.32% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $905,153.90 | 1,017,000 | B82MC25 |
0.31% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $882,707.54 | 859,000 | B13VN63 |
0.30% | -- | TOYOTA MOTOR CREDIT CORP | 5.55% | 11/20/2030 | -- | $870,278.15 | 863,000 | BP0VPB3 |
0.30% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $868,335.79 | 1,062,000 | BBD6G92 |
0.30% | -- | PRUDENTIAL FUNDING ASIA | 3.13% | 04/14/2030 | -- | $868,333.04 | 991,000 | BPJLBD8 |
0.30% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $865,228.84 | 1,476,000 | BLN8Y83 |
0.29% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $829,292.64 | 796,000 | 7392227 |
0.28% | -- | ROYAL BANK OF CANADA | 5.00% | 02/01/2033 | -- | $809,381.18 | 842,000 | BQ3Q0J5 |
0.28% | -- | JEFFERIES FIN GROUP INC | 4.15% | 01/23/2030 | -- | $809,259.61 | 892,000 | BD1DDP4 |
0.28% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $799,442.22 | 975,000 | B968SP1 |
0.27% | -- | ELEVANCE HEALTH INC | 4.65% | 01/15/2043 | -- | $777,079.67 | 904,000 | B88F2Y0 |
0.27% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $773,350.02 | 974,000 | BYYXY44 |
0.27% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $770,530.57 | 921,000 | BFY9706 |
0.26% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $734,908.38 | 892,000 | B6Z7568 |
0.26% | -- | PHILIP MORRIS INTL INC | 4.25% | 11/10/2044 | -- | $731,585.16 | 931,000 | BSHZYC3 |
0.25% | -- | FORD MOTOR COMPANY | 4.75% | 01/15/2043 | -- | $726,811.29 | 928,000 | B8H94Y7 |
0.25% | -- | BANK OF AMERICA CORP | 6.11% | 01/29/2037 | -- | $722,816.54 | 711,000 | B1P61P1 |
0.25% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $720,517.25 | 869,000 | BGLPFR7 |
0.24% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $699,946.00 | 882,000 | BNBYGX6 |
0.24% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $699,457.37 | 868,000 | BP8JVG6 |
0.24% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $678,898.92 | 819,000 | BS9FPF1 |
0.23% | -- | UNITEDHEALTH GROUP INC | 4.75% | 07/15/2045 | -- | $663,315.47 | 750,000 | BYTRVP1 |
0.23% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $645,750.27 | 791,000 | BMWC8Z8 |
0.22% | -- | SUMITOMO MITSUI FINL GRP | 2.13% | 07/08/2030 | -- | $638,685.50 | 782,000 | BLPHW40 |
0.20% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $577,192.52 | 645,000 | BM6NVC5 |
0.20% | -- | MITSUBISHI UFJ FIN GRP | 2.56% | 02/25/2030 | -- | $558,297.16 | 654,000 | BKMGBW4 |
0.19% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $549,124.75 | 534,000 | B1VQ7M4 |
0.19% | -- | BANK OF AMERICA CORP | 5.00% | 01/21/2044 | -- | $529,065.01 | 578,000 | BJ3WDS4 |
0.18% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $521,776.56 | 635,000 | B78K6L3 |
0.18% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $518,471.64 | 517,000 | B1VJP74 |
0.17% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $497,639.11 | 451,000 | 2836399 |
0.17% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $491,561.77 | 580,000 | BSKDLG7 |
0.17% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $485,005.40 | 585,000 | BDSFRX9 |
0.17% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $479,494.73 | 581,000 | BM9CQB3 |
0.17% | -- | JOHN DEERE CAPITAL CORP | 4.70% | 06/10/2030 | -- | $479,490.82 | 493,000 | BRBD8Z7 |
0.16% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $471,609.33 | 512,000 | B1G5DX9 |
0.15% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $442,146.76 | 503,000 | BWC4YL2 |
0.14% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $409,614.96 | 336,000 | B3Q88R1 |
0.13% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $378,398.95 | 361,000 | B29SN65 |
0.13% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $373,503.02 | 557,000 | BMX5050 |
0.11% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $317,860.97 | 350,000 | B8ZRND5 |
0.11% | -- | TIME WARNER CABLE LLC | 7.30% | 07/01/2038 | -- | $315,762.89 | 326,000 | B3B14R7 |
0.11% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $306,709.90 | 450,000 | BKSJPT2 |
0.11% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $305,439.58 | 303,000 | B0J45R4 |
0.10% | -- | SUMITOMO MITSUI FINL GRP | 2.22% | 09/17/2031 | -- | $291,091.42 | 367,000 | BMHLCZ8 |
0.09% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $269,808.58 | 298,000 | BY8L4X3 |
0.09% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $254,145.54 | 299,000 | BKBQ3G3 |
0.09% | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $251,505.18 | 300,000 | BYQNQH9 |
0.08% | -- | TRANSCANADA PIPELINES | 7.63% | 01/15/2039 | -- | $225,036.95 | 200,000 | B3KV7R9 |
0.07% | -- | COCA-COLA CO/THE | 2.60% | 06/01/2050 | -- | $213,589.21 | 354,000 | BKSJPS1 |
0.07% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $209,757.70 | 250,000 | BK6WV73 |
0.07% | -- | SHELL INTERNATIONAL FIN | 4.38% | 05/11/2045 | -- | $208,191.88 | 250,000 | BXC5W74 |
0.07% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/10/2039 | -- | $192,259.56 | 187,000 | B5B54D9 |
0.07% | -- | ORACLE CORP | 5.38% | 07/15/2040 | -- | $189,960.93 | 206,000 | B7FNML7 |
0.07% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $189,642.99 | 215,000 | BYRLRK2 |
0.06% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $179,014.48 | 233,000 | BX2H0V0 |
0.06% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $163,068.19 | 200,000 | B8HTMS7 |
0.05% | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $150,554.79 | 187,000 | BZ3FFH8 |
0.05% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $150,175.41 | 150,000 | B3LR141 |
0.04% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $121,151.13 | 147,000 | BVJXZY5 |
0.04% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $103,437.78 | 127,000 | BN459D7 |
0.03% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $97,618.23 | 119,000 | B5NNJ47 |
0.01% | -- | PFIZER INC | 4.40% | 05/15/2044 | -- | $39,557.84 | 46,000 | BMMB3K5 |
-- | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $9,425.65 | 12,000 | BLR6S70 |
-- | -- | METLIFE INC | 4.05% | 03/01/2045 | -- | $6,230.64 | 8,000 | BW9JZD9 |
-- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $15,778,988.95 | 15,778,989 | -- |
-9.48% | -- | US ULTRA BOND CBT BOND 18/JUN/2024 WNM4 COMDTY | -- | -- | -27,117,750 | -- | -228 | -- |
-28.16% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2024 TYM4 COMDTY | -- | -- | -80,519,531 | -- | -750 | -- |
-53.38% | -- | US LONG BOND(CBT) BOND 18/JUN/2024 USM4 COMDTY | -- | -- | -152,631,938 | -- | -1,347 | -- |
Index
as of 3/28/2024
- Total Number of Issues214
- Long Portfolio Duration9.90
- Net Effective Duration-0.04
- Long Portfolio Yield5.41
- Net Index Yield6.55
About the Index
The index is comprised of (a) long positions in USD-denominated investment grade corporate bonds issued by both U.S. and foreign domiciled companies; and (b) short positions in U.S. Treasury notes or bonds ("Treasury Securities") of, in aggregate, approximate equivalent duration to the investment grade bonds. In entering these positions, the index seeks to achieve an overall effective duration of zero.
By taking short Treasury Security positions (of an aggregate dollar value not exceeding the aggregate dollar value of the fund's assets), the index seeks to mitigate the potential negative impact of rising Treasury interest rates ("interest rates") on the performance of investment grade bonds (conversely limiting the potential positive impact of falling interest rates). The short positions are not intended to mitigate other factors influencing the price of investment grade bonds, such as credit risk, which may have a greater impact than rising or falling interest rates.
The long investment grade bond positions included in the index are designed to represent the more liquid universe of investment grade bonds offered within the United States. Currently, the bonds eligible for inclusion in the index include all investment grade bonds that are issued by U.S. and internationally domiciled companies that are: fixed rate; have a minimum rating of Baa3/BBB- by both Moody's Investors Service, Inc. ("Moody's") and Standard and Poor's Financial Services, LLC ("S&P"); have a minimum face amount outstanding of $1 billion; and have at least five and a half (5.5) years until maturity.
The index is reconstituted and rebalanced (including a reset of the interest rate hedge) on a monthly basis.
Distributions
For
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
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