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.
View all Fund
detail sections
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
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart data from Thomson Reuters. 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. Data is delayed at least 15 minutes.
Total Return
Month-End Total Returns as of 4/30/2022
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | -2.13% | -3.06% | -5.02% | -4.52% | -4.74% | 0.81% | 1.83% | -- | 1.84% | 11/05/2013 |
| IGHG NAV | -2.06% | -2.93% | -4.96% | -4.45% | -4.81% | 0.83% | 1.94% | -- | 1.87% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | -1.97% | -2.72% | -4.67% | -4.24% | -4.40% | 0.98% | 2.11% | -- | 2.15% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | 0.51% | -2.44% | -3.24% | -2.44% | -3.91% | 2.11% | 2.31% | -- | 2.12% | 11/05/2013 |
| IGHG NAV | 1.22% | -2.44% | -3.24% | -2.44% | -2.79% | 2.19% | 2.38% | -- | 2.14% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 1.41% | -2.32% | -3.08% | -2.32% | -2.21% | 2.31% | 2.55% | -- | 2.41% | -- |
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
- Unitary Expense Ratio 0.30%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 4/30/2022- Distribution Yield 3.23%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 4.03%
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.
Price
as of 5/20/2022- NAV $69.36
- NAV Change $+0.00
- Market Price $69.64
- Market Price Change $+0.02
- Trading Volume (M) 33,057
- 30-Day Median Bid Ask Spread 0.17%
- 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 4/30/2022- Distribution Yield 3.23%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 4.03%
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.
Price
as of 5/20/2022- NAV $69.36
- NAV Change $+0.00
- Market Price $69.64
- Market Price Change $+0.02
- Trading Volume (M) 33,057
- 30-Day Median Bid Ask Spread 0.17%
- View Premium / Discount
Exposures
Index as of 3/31/2022
Holdings
as of 5/20/2022
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts |
|---|---|---|---|---|---|---|---|
| 1.81% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $11,909,503.15 | 12,231,000 |
| 1.77% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $11,607,584.86 | 10,150,000 |
| 1.29% | -- | HSBC HOLDINGS PLC | 4.95% | 03/31/2030 | -- | $8,463,277.33 | 8,452,000 |
| 1.26% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $8,268,038.36 | 6,219,000 |
| 1.25% | -- | ASTRAZENECA PLC | 6.45% | 09/15/2037 | -- | $8,215,305.40 | 6,660,000 |
| 1.17% | -- | IBM CORP | 3.50% | 05/15/2029 | -- | $7,678,861.39 | 7,995,000 |
| 1.09% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $7,155,131.09 | 5,859,000 |
| 1.06% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $6,962,378.07 | 6,898,000 |
| 1.06% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $6,941,490.86 | 6,234,000 |
| 1.00% | -- | CITIGROUP INC | 4.13% | 07/25/2028 | -- | $6,599,513.57 | 6,797,000 |
| 0.97% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $6,400,613.23 | 5,489,000 |
| 0.94% | -- | RAYTHEON TECH CORP | 4.50% | 06/01/2042 | -- | $6,196,052.11 | 6,318,000 |
| 0.89% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $5,828,918.73 | 5,564,000 |
| 0.86% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $5,668,208.87 | 4,802,000 |
| 0.83% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $5,426,818.99 | 5,894,000 |
| 0.83% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $5,423,928.08 | 5,908,000 |
| 0.82% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $5,375,099.51 | 4,901,000 |
| 0.80% | -- | VODAFONE GROUP PLC | 5.25% | 05/30/2048 | -- | $5,264,380.59 | 5,382,000 |
| 0.80% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $5,233,079.75 | 5,065,000 |
| 0.79% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $5,173,423.07 | 5,568,000 |
| 0.78% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $5,112,471.42 | 5,496,000 |
| 0.75% | -- | VODAFONE GROUP PLC | 4.38% | 05/30/2028 | -- | $4,942,987.12 | 4,905,000 |
| 0.73% | -- | MITSUBISHI UFJ FIN GRP | 2.56% | 02/25/2030 | -- | $4,781,039.10 | 5,496,000 |
| 0.72% | -- | SUMITOMO MITSUI FINL GRP | 3.04% | 07/16/2029 | -- | $4,755,151.41 | 5,226,000 |
| 0.72% | -- | MITSUBISHI UFJ FIN GRP | 4.05% | 09/11/2028 | -- | $4,750,442.12 | 4,856,000 |
| 0.72% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $4,735,599.61 | 4,429,000 |
| 0.68% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $4,480,938.57 | 4,252,000 |
| 0.68% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $4,476,159.44 | 4,861,000 |
| 0.68% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $4,440,531.93 | 4,421,000 |
| 0.67% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $4,409,729.65 | 3,766,000 |
| 0.67% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $4,376,790.66 | 3,788,000 |
| 0.65% | -- | JPMORGAN CHASE & CO | 5.63% | 08/16/2043 | -- | $4,299,451.51 | 4,023,000 |
| 0.64% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $4,197,761.05 | 5,309,000 |
| 0.63% | -- | SHELL INTERNATIONAL FIN | 4.38% | 05/11/2045 | -- | $4,157,121.14 | 4,304,000 |
| 0.63% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $4,152,101.35 | 3,556,000 |
| 0.63% | -- | BARCLAYS PLC | 4.95% | 01/10/2047 | -- | $4,121,186.63 | 4,337,000 |
| 0.62% | -- | WALT DISNEY COMPANY/THE | 3.80% | 03/22/2030 | -- | $4,088,275.08 | 4,159,000 |
| 0.62% | -- | WELLS FARGO & COMPANY | 5.38% | 11/02/2043 | -- | $4,065,890.85 | 3,973,000 |
| 0.62% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $4,051,478.27 | 4,307,000 |
| 0.62% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/21/2036 | -- | $4,048,799.73 | 3,723,000 |
| 0.61% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $4,005,693.07 | 3,536,000 |
| 0.61% | -- | SUMITOMO MITSUI FINL GRP | 2.75% | 01/15/2030 | -- | $3,993,073.41 | 4,510,000 |
| 0.61% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $3,988,558.68 | 3,509,000 |
| 0.59% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $3,851,670.84 | 3,170,000 |
| 0.58% | -- | UNITEDHEALTH GROUP INC | 3.85% | 06/15/2028 | -- | $3,797,242.73 | 3,773,000 |
| 0.58% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $3,795,722.90 | 3,790,000 |
| 0.57% | -- | COCA-COLA CO/THE | 1.00% | 03/15/2028 | -- | $3,773,004.55 | 4,366,000 |
| 0.57% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $3,771,958.16 | 4,254,000 |
| 0.57% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $3,754,308.79 | 4,445,000 |
| 0.56% | -- | JPMORGAN CHASE & CO | 5.60% | 07/15/2041 | -- | $3,707,933.49 | 3,417,000 |
| 0.56% | -- | SHELL INTERNATIONAL FIN | 5.50% | 03/25/2040 | -- | $3,657,893.52 | 3,292,000 |
| 0.56% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $3,652,185.32 | 3,213,000 |
| 0.55% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $3,618,415.21 | 3,844,000 |
| 0.55% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $3,599,848.90 | 3,772,000 |
| 0.55% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $3,588,851.35 | 3,116,000 |
| 0.54% | -- | SHELL INTERNATIONAL FIN | 3.75% | 09/12/2046 | -- | $3,551,879.98 | 4,018,000 |
| 0.54% | -- | NETFLIX INC | 4.88% | 04/15/2028 | -- | $3,548,746.20 | 3,665,000 |
| 0.54% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $3,535,707.70 | 3,502,000 |
| 0.52% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $3,444,379.49 | 2,857,000 |
| 0.52% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $3,433,065.18 | 3,477,000 |
| 0.52% | -- | TELEFONICA EUROPE BV | 8.25% | 09/15/2030 | -- | $3,417,377.07 | 2,773,000 |
| 0.52% | -- | SUMITOMO MITSUI FINL GRP | 2.13% | 07/08/2030 | -- | $3,386,897.09 | 4,046,000 |
| 0.51% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $3,383,099.71 | 2,980,000 |
| 0.51% | -- | DAIMLER FINANCE NA LLC | 8.50% | 01/18/2031 | -- | $3,369,273.44 | 2,632,000 |
| 0.51% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $3,368,311.32 | 4,167,000 |
| 0.51% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $3,352,508.75 | 4,020,000 |
| 0.50% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $3,273,068.11 | 3,018,000 |
| 0.50% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $3,254,643.24 | 2,820,000 |
| 0.49% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $3,253,784.77 | 3,218,000 |
| 0.48% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $3,181,064.29 | 2,713,000 |
| 0.48% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $3,139,601.03 | 2,656,000 |
| 0.48% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $3,126,933.13 | 2,459,000 |
| 0.48% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $3,123,063.81 | 3,103,000 |
| 0.47% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $3,082,846.19 | 3,189,000 |
| 0.47% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $3,081,917.28 | 3,402,000 |
| 0.47% | -- | CITIGROUP INC | 4.65% | 07/30/2045 | -- | $3,067,391.45 | 3,210,000 |
| 0.46% | -- | CREDIT SUISSE GROUP AG | 4.88% | 05/15/2045 | -- | $3,016,761.12 | 3,322,000 |
| 0.46% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $3,003,403.19 | 2,897,000 |
| 0.46% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $3,002,168.17 | 2,922,000 |
| 0.45% | -- | TRANSCANADA PIPELINES | 7.63% | 01/15/2039 | -- | $2,984,568.33 | 2,370,000 |
| 0.45% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $2,981,158.94 | 2,994,000 |
| 0.45% | -- | MORGAN STANLEY | 6.38% | 07/24/2042 | -- | $2,973,252.79 | 2,491,000 |
| 0.45% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $2,940,803.83 | 2,803,000 |
| 0.45% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $2,940,055.49 | 2,586,000 |
| 0.44% | -- | JPMORGAN CHASE & CO | 5.40% | 01/06/2042 | -- | $2,922,278.18 | 2,752,000 |
| 0.44% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $2,917,201.04 | 3,116,000 |
| 0.44% | -- | NOMURA HOLDINGS INC | 3.10% | 01/16/2030 | -- | $2,908,477.58 | 3,273,000 |
| 0.44% | -- | MITSUBISHI UFJ FIN GRP | 3.74% | 03/07/2029 | -- | $2,878,031.05 | 3,015,000 |
| 0.43% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $2,841,424.96 | 2,593,000 |
| 0.43% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $2,833,142.71 | 2,548,000 |
| 0.43% | -- | VERIZON COMMUNICATIONS | 4.33% | 09/21/2028 | -- | $2,817,635.30 | 2,810,000 |
| 0.43% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $2,797,372.06 | 2,508,000 |
| 0.43% | -- | UNITEDHEALTH GROUP INC | 4.75% | 07/15/2045 | -- | $2,794,411.00 | 2,740,000 |
| 0.42% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $2,783,070.25 | 2,440,000 |
| 0.42% | -- | COCA-COLA CO/THE | 2.60% | 06/01/2050 | -- | $2,739,062.12 | 3,685,000 |
| 0.41% | -- | BANCO SANTANDER SA | 3.31% | 06/27/2029 | -- | $2,713,802.45 | 2,938,000 |
| 0.41% | -- | CENOVUS ENERGY INC | 6.75% | 11/15/2039 | -- | $2,707,467.17 | 2,432,000 |
| 0.41% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $2,706,307.64 | 2,215,000 |
| 0.41% | -- | AXA SA | 8.60% | 12/15/2030 | -- | $2,701,888.00 | 2,240,000 |
| 0.41% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $2,695,687.45 | 3,028,000 |
| 0.41% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $2,674,635.41 | 2,858,000 |
| 0.40% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $2,655,934.36 | 2,217,000 |
| 0.40% | -- | ECOPETROL SA | 5.88% | 05/28/2045 | -- | $2,645,770.30 | 3,530,000 |
| 0.40% | -- | UNITEDHEALTH GROUP INC | 2.00% | 05/15/2030 | -- | $2,608,726.46 | 3,010,000 |
| 0.39% | -- | NETFLIX INC | 5.88% | 11/15/2028 | -- | $2,574,490.00 | 2,549,000 |
| 0.37% | -- | SHELL INTERNATIONAL FIN | 4.00% | 05/10/2046 | -- | $2,445,266.69 | 2,667,000 |
| 0.37% | -- | CISCO SYSTEMS INC | 5.50% | 01/15/2040 | -- | $2,442,006.11 | 2,175,000 |
| 0.37% | -- | HALLIBURTON CO | 7.45% | 09/15/2039 | -- | $2,433,343.23 | 2,008,000 |
| 0.37% | -- | CNOOC FINANCE 2015 US | 4.38% | 05/02/2028 | -- | $2,425,470.36 | 2,372,000 |
| 0.37% | -- | COCA-COLA CO/THE | 3.45% | 03/25/2030 | -- | $2,424,828.79 | 2,470,000 |
| 0.37% | -- | HP INC | 6.00% | 09/15/2041 | -- | $2,401,761.41 | 2,335,000 |
| 0.36% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $2,393,236.46 | 2,941,000 |
| 0.36% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $2,392,701.38 | 2,409,000 |
| 0.36% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $2,369,691.97 | 2,422,000 |
| 0.36% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $2,366,772.48 | 2,480,000 |
| 0.36% | -- | BANCO SANTANDER SA | 4.38% | 04/12/2028 | -- | $2,337,834.37 | 2,402,000 |
| 0.35% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $2,328,669.21 | 2,320,000 |
| 0.35% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $2,327,040.19 | 2,110,000 |
| 0.35% | -- | MIZUHO FINANCIAL GROUP | 4.02% | 03/05/2028 | -- | $2,316,364.17 | 2,368,000 |
| 0.35% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $2,308,698.03 | 2,321,000 |
| 0.35% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $2,304,983.92 | 2,387,000 |
| 0.35% | -- | METLIFE INC | 4.05% | 03/01/2045 | -- | $2,280,433.29 | 2,502,000 |
| 0.35% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $2,270,757.93 | 1,701,000 |
| 0.34% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $2,259,957.21 | 2,558,000 |
| 0.34% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $2,255,711.35 | 2,167,000 |
| 0.34% | -- | SUNCOR ENERGY INC | 6.50% | 06/15/2038 | -- | $2,220,888.16 | 1,954,000 |
| 0.33% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $2,173,883.87 | 1,929,000 |
| 0.33% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $2,167,156.17 | 2,033,000 |
| 0.33% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $2,158,981.77 | 1,876,000 |
| 0.33% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $2,148,664.36 | 1,800,000 |
| 0.32% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $2,129,941.44 | 2,226,000 |
| 0.32% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $2,118,203.65 | 2,255,000 |
| 0.32% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $2,105,435.08 | 2,818,000 |
| 0.32% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $2,097,055.28 | 1,926,000 |
| 0.32% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $2,096,273.96 | 1,958,000 |
| 0.32% | -- | PNC BANK NA | 4.05% | 07/26/2028 | -- | $2,074,400.76 | 2,097,000 |
| 0.32% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $2,071,316.20 | 1,930,000 |
| 0.31% | -- | ING GROEP NV | 4.05% | 04/09/2029 | -- | $2,060,250.85 | 2,150,000 |
| 0.31% | -- | PROCTER & GAMBLE CO/THE | 3.00% | 03/25/2030 | -- | $2,033,155.24 | 2,138,000 |
| 0.30% | -- | CNOOC PETROLEUM NORTH | 6.40% | 05/15/2037 | -- | $2,003,542.02 | 1,811,000 |
| 0.30% | -- | ANTHEM INC | 4.65% | 01/15/2043 | -- | $1,998,375.44 | 2,056,000 |
| 0.30% | -- | CONOCOPHILLIPS COMPANY | 6.95% | 04/15/2029 | -- | $1,984,009.68 | 1,681,000 |
| 0.30% | -- | GLAXOSMITHKLINE CAP INC | 3.88% | 05/15/2028 | -- | $1,976,235.43 | 1,962,000 |
| 0.30% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $1,974,027.32 | 1,878,000 |
| 0.30% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,964,371.17 | 1,753,000 |
| 0.30% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $1,956,243.43 | 2,061,000 |
| 0.30% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $1,956,021.52 | 1,921,000 |
| 0.30% | -- | TOTALENERGIES CAPITAL SA | 3.88% | 10/11/2028 | -- | $1,947,394.00 | 1,946,000 |
| 0.30% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $1,943,655.77 | 2,110,000 |
| 0.29% | -- | BANK OF AMERICA CORP | 5.00% | 01/21/2044 | -- | $1,937,495.43 | 1,912,000 |
| 0.29% | -- | ANHEUSER-BUSCH INBEV WOR | 3.75% | 07/15/2042 | -- | $1,931,354.57 | 2,304,000 |
| 0.29% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $1,923,961.24 | 2,041,000 |
| 0.29% | -- | LLOYDS BANKING GROUP PLC | 4.38% | 03/22/2028 | -- | $1,920,889.22 | 1,944,000 |
| 0.29% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $1,903,282.11 | 2,043,000 |
| 0.29% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $1,887,139.64 | 1,846,000 |
| 0.29% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $1,885,647.03 | 2,207,000 |
| 0.28% | -- | PFIZER INC | 4.40% | 05/15/2044 | -- | $1,870,486.96 | 1,874,000 |
| 0.28% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $1,856,985.61 | 1,808,000 |
| 0.28% | -- | PHILIP MORRIS INTL INC | 4.25% | 11/10/2044 | -- | $1,852,453.11 | 2,228,000 |
| 0.28% | -- | ING GROEP NV | 4.55% | 10/02/2028 | -- | $1,830,275.17 | 1,851,000 |
| 0.28% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $1,826,846.28 | 1,951,000 |
| 0.28% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,816,218.80 | 2,126,000 |
| 0.28% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $1,813,160.85 | 1,469,000 |
| 0.28% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,812,838.04 | 2,000,000 |
| 0.28% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $1,811,878.12 | 1,902,000 |
| 0.28% | -- | LLOYDS BANKING GROUP PLC | 4.55% | 08/16/2028 | -- | $1,810,767.41 | 1,820,000 |
| 0.27% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $1,798,386.00 | 1,637,000 |
| 0.27% | -- | AT&T INC | 5.35% | 09/01/2040 | -- | $1,779,370.62 | 1,676,000 |
| 0.27% | -- | NOMURA HOLDINGS INC | 2.68% | 07/16/2030 | -- | $1,752,609.10 | 2,053,000 |
| 0.26% | -- | VODAFONE GROUP PLC | 5.00% | 05/30/2038 | -- | $1,725,624.23 | 1,749,000 |
| 0.26% | -- | ORACLE CORP | 5.38% | 07/15/2040 | -- | $1,722,916.87 | 1,824,000 |
| 0.26% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $1,721,283.77 | 1,534,000 |
| 0.26% | -- | TOYOTA MOTOR CREDIT CORP | 3.38% | 04/01/2030 | -- | $1,715,572.67 | 1,793,000 |
| 0.26% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $1,690,556.63 | 1,824,000 |
| 0.26% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,676,765.75 | 1,465,000 |
| 0.25% | -- | WESTPAC BANKING CORP | 1.95% | 11/20/2028 | -- | $1,661,853.40 | 1,885,000 |
| 0.25% | -- | WESTPAC BANKING CORP | 3.40% | 01/25/2028 | -- | $1,645,163.08 | 1,693,000 |
| 0.24% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $1,607,808.20 | 1,190,000 |
| 0.24% | -- | JEFFERIES GRP LLC / CAP | 4.15% | 01/23/2030 | -- | $1,591,941.87 | 1,718,000 |
| 0.24% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/10/2039 | -- | $1,585,574.48 | 1,448,000 |
| 0.24% | -- | PRUDENTIAL PLC | 3.13% | 04/14/2030 | -- | $1,583,762.78 | 1,713,000 |
| 0.24% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $1,563,819.67 | 1,883,000 |
| 0.23% | -- | WELLS FARGO & COMPANY | 4.40% | 06/14/2046 | -- | $1,532,461.84 | 1,687,000 |
| 0.23% | -- | BANCO SANTANDER SA | 3.49% | 05/28/2030 | -- | $1,528,199.52 | 1,690,000 |
| 0.23% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $1,520,411.25 | 1,556,000 |
| 0.22% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,478,120.86 | 1,352,000 |
| 0.22% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $1,429,308.92 | 1,751,000 |
| 0.21% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $1,406,408.06 | 1,930,000 |
| 0.21% | -- | SHELL INTERNATIONAL FIN | 4.13% | 05/11/2035 | -- | $1,404,126.23 | 1,427,000 |
| 0.21% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $1,399,694.02 | 1,582,000 |
| 0.21% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $1,385,436.67 | 1,493,000 |
| 0.21% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,357,376.81 | 1,134,000 |
| 0.19% | -- | MITSUBISHI UFJ FIN GRP | 3.20% | 07/18/2029 | -- | $1,278,429.72 | 1,396,000 |
| 0.19% | -- | UNITEDHEALTH GROUP INC | 2.88% | 08/15/2029 | -- | $1,262,902.01 | 1,353,000 |
| 0.19% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $1,260,578.46 | 1,365,000 |
| 0.19% | -- | TIME WARNER ENTERTAINMEN | 8.38% | 07/15/2033 | -- | $1,242,552.25 | 1,043,000 |
| 0.18% | -- | JPMORGAN CHASE & CO | 4.85% | 02/01/2044 | -- | $1,154,096.64 | 1,143,000 |
| 0.17% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $1,148,443.48 | 1,216,000 |
| 0.17% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $1,142,915.15 | 1,293,000 |
| 0.17% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $1,110,083.32 | 1,251,000 |
| 0.16% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $1,055,042.10 | 1,071,000 |
| 0.16% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $1,044,933.73 | 954,000 |
| 0.15% | -- | MITSUBISHI UFJ FIN GRP | 3.96% | 03/02/2028 | -- | $1,016,875.38 | 1,039,000 |
| 0.15% | -- | COCA-COLA CO/THE | 1.65% | 06/01/2030 | -- | $995,948.40 | 1,164,000 |
| 0.14% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $945,602.98 | 956,000 |
| 0.14% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $917,856.73 | 953,000 |
| 0.13% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $825,279.99 | 762,000 |
| 0.12% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $807,151.05 | 642,000 |
| 0.12% | -- | NOMURA HOLDINGS INC | 2.17% | 07/14/2028 | -- | $776,192.01 | 896,000 |
| 0.11% | -- | BANK OF AMERICA CORP | 6.11% | 01/29/2037 | -- | $736,363.46 | 669,000 |
| 0.10% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $665,835.79 | 742,000 |
| 0.10% | -- | COCA-COLA CO/THE | 2.13% | 09/06/2029 | -- | $640,368.98 | 711,000 |
| 0.09% | -- | BANCO SANTANDER SA | 3.80% | 02/23/2028 | -- | $567,467.76 | 598,000 |
| 0.08% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $558,495.87 | 434,000 |
| 0.07% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $472,339.98 | 526,000 |
| 0.07% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $451,769.48 | 447,000 |
| 0.06% | -- | TIME WARNER CABLE LLC | 7.30% | 07/01/2038 | -- | $366,871.10 | 334,000 |
| 0.04% | -- | WALT DISNEY COMPANY/THE | 2.20% | 01/13/2028 | -- | $255,979.78 | 278,000 |
| 0.02% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $125,178.60 | 135,000 |
| 0.01% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $80,372.21 | 75,000 |
| 0.01% | -- | PROCTER & GAMBLE CO/THE | 1.20% | 10/29/2030 | -- | $50,331.73 | 61,000 |
| 0.01% | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $39,445.93 | 48,000 |
| 0.01% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $35,001.61 | 40,000 |
| -- | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $23,742.36 | 24,000 |
| -- | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $9,912.51 | 11,000 |
| -- | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $4,842.10 | 5,000 |
| -- | -- | SHELL INTERNATIONAL FIN | 4.55% | 08/12/2043 | -- | $2,973.53 | 3,000 |
| -- | -- | SUMITOMO MITSUI FINL GRP | 1.90% | 09/17/2028 | -- | $1,719.24 | 2,000 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $29,036,753.62 | 29,036,754 |
| -5.73% | -- | US ULTRA BOND CBT BOND 21/JUN/2022 WNM2 COMDTY | -- | -- | -37,678,375 | -- | -238 |
| -26.91% | -- | US 10YR NOTE (CBT) BOND 21/JUN/2022 TYM2 COMDTY | -- | -- | -176,944,125 | -- | -1,473 |
| -63.30% | -- | US LONG BOND(CBT) BOND 21/JUN/2022 USM2 COMDTY | -- | -- | -416,127,969 | -- | -2,935 |
Index
as of 3/31/2022
- Total Number of Issues239
- Effective Duration10.9312
- Dividend Yield ( % )1.57
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
2022
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
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