IGHG
Investment Grade—Interest Rate Hedged
Morningstar Rating
Overall Morningstar Rating out of 254 Nontraditional Bond funds based on risk-adjusted returns as of 04/30/25.
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 4/30/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | -0.54% | -1.71% | 1.01% | -1.32% | 4.40% | 7.67% | 6.52% | 3.68% | 3.33% | 11/05/2013 |
| IGHG NAV | -0.02% | -1.25% | 0.98% | -0.75% | 4.68% | 7.72% | 6.39% | 3.76% | 3.37% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | -0.19% | -1.50% | 0.65% | -0.97% | 4.38% | 8.12% | 6.90% | 4.01% | 3.68% | -- |
| 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 4/30/2025- Number of Companies 180
- Net Effective Duration 0.18%
Price
as of 5/14/2025- NAV $77.33
- NAV Change $+0.06
- Market Price $77.29
- Market Price Change $-0.10
- Trading Volume (M) 11,686
- View Premium / Discount
Distributions
as of 4/30/2025- SEC 30-Day Yield 5.27%
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.
- Distribution Frequency Monthly
- 12-Month Distribution Rate 5.25%
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 4/30/2025- Number of Companies 180
- Net Effective Duration 0.18%
Price
as of 5/14/2025- NAV $77.33
- NAV Change $+0.06
- Market Price $77.29
- Market Price Change $-0.10
- Trading Volume (M) 11,686
- View Premium / Discount
Distributions
as of 4/30/2025- SEC 30-Day Yield 5.27%
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.
- Distribution Frequency Monthly
- 12-Month Distribution Rate 5.25%
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 5/13/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.66% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $4,180,172.81 | 4,117,000 | B6T0187 |
| 1.61% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $4,052,158.55 | 5,407,000 | BVVCSF2 |
| 1.58% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $3,958,136.75 | 4,008,000 | B43XY12 |
| 1.51% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $3,787,819.90 | 3,589,000 | B2QR213 |
| 1.50% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $3,773,986.79 | 4,596,000 | BYM4WR8 |
| 1.30% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $3,260,300.39 | 3,157,000 | B43DYH8 |
| 1.26% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $3,171,579.00 | 3,032,000 | B4YDXD6 |
| 1.16% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $2,916,905.39 | 3,198,000 | BG3KW02 |
| 1.13% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $2,825,977.92 | 3,622,000 | BFY97C8 |
| 1.08% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $2,723,604.26 | 3,192,000 | B86VSX1 |
| 1.07% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $2,677,181.70 | 2,488,000 | B2RDM21 |
| 1.06% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $2,660,844.34 | 3,260,000 | B8C0348 |
| 1.05% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,633,108.46 | 2,520,000 | B1L80H6 |
| 1.03% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $2,590,014.05 | 2,498,000 | B1SBFX9 |
| 1.03% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $2,575,778.09 | 2,897,000 | BZ3FFJ0 |
| 0.95% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $2,381,608.62 | 2,153,000 | B2PHBR3 |
| 0.90% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $2,251,813.83 | 2,676,000 | BYQ29R7 |
| 0.89% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $2,241,097.48 | 1,934,000 | B2RFJL5 |
| 0.89% | -- | SUMITOMO MITSUI FINL GRP | 5.77% | 01/13/2033 | -- | $2,227,877.47 | 2,168,000 | BMTX144 |
| 0.89% | -- | SHELL FINANCE US INC | 4.38% | 05/11/2045 | -- | $2,224,811.75 | 2,721,000 | BR4TTW6 |
| 0.87% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $2,179,660.74 | 2,104,000 | B24FY35 |
| 0.86% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $2,166,228.41 | 2,026,000 | B2RK1T2 |
| 0.86% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $2,155,714.75 | 2,513,000 | BM9K8M2 |
| 0.85% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $2,142,182.53 | 2,122,000 | B287YY8 |
| 0.85% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $2,130,427.86 | 2,037,000 | BCRXKM7 |
| 0.84% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $2,099,128.48 | 2,395,000 | BY58YT3 |
| 0.83% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $2,083,583.12 | 2,107,000 | B62X8Y8 |
| 0.82% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $2,058,918.48 | 2,410,000 | BF04KW8 |
| 0.80% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $2,021,398.07 | 2,330,000 | BYZYSL1 |
| 0.80% | -- | SPRINT CAPITAL CORP | 8.75% | 03/15/2032 | -- | $2,009,568.23 | 1,684,000 | 2964029 |
| 0.79% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $1,988,001.28 | 1,736,000 | B65HZL3 |
| 0.76% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $1,900,635.24 | 2,239,000 | BCZM189 |
| 0.75% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,872,431.57 | 2,109,000 | BNG28J5 |
| 0.73% | -- | ROYAL BANK OF CANADA | 5.15% | 02/01/2034 | -- | $1,839,611.26 | 1,838,000 | BRF20R6 |
| 0.73% | -- | BANCO SANTANDER SA | 6.92% | 08/08/2033 | -- | $1,834,340.50 | 1,735,000 | BRF3T49 |
| 0.72% | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $1,810,679.85 | 2,159,000 | BYQNQH9 |
| 0.71% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $1,795,330.55 | 1,624,000 | B3LVPV8 |
| 0.71% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $1,783,288.08 | 1,651,000 | B39F3N0 |
| 0.69% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $1,737,335.70 | 1,613,000 | B3KFDY0 |
| 0.69% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $1,734,035.69 | 1,555,000 | BKPTBZ3 |
| 0.68% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $1,716,950.08 | 1,879,000 | BF6DYK5 |
| 0.68% | -- | FORD MOTOR COMPANY | 7.45% | 07/16/2031 | -- | $1,715,678.48 | 1,632,000 | 5733992 |
| 0.68% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $1,713,924.43 | 2,094,000 | BVJXZY5 |
| 0.68% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $1,706,792.89 | 1,561,000 | B4T4431 |
| 0.67% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $1,682,313.02 | 1,816,000 | BYT35M4 |
| 0.67% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $1,675,632.94 | 1,859,000 | BYRLRK2 |
| 0.66% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $1,662,204.30 | 1,836,000 | BMD7ZZ1 |
| 0.66% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $1,653,259.73 | 1,533,000 | B2418B9 |
| 0.66% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $1,650,250.39 | 1,771,000 | BJTGHH7 |
| 0.65% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $1,643,793.82 | 1,505,000 | B170DG6 |
| 0.64% | -- | BANCO SANTANDER SA | 5.44% | 07/15/2031 | -- | $1,619,969.01 | 1,591,000 | BS6VKD5 |
| 0.64% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $1,600,945.65 | 1,699,000 | BP8Y7Q3 |
| 0.64% | -- | TIME WARNER CABLE ENTRMN | 8.38% | 07/15/2033 | -- | $1,600,479.07 | 1,419,000 | 2727266 |
| 0.64% | -- | BANCO SANTANDER SA | 6.94% | 11/07/2033 | -- | $1,599,796.75 | 1,450,000 | BQ6C3K2 |
| 0.63% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $1,582,184.02 | 1,656,000 | BGYY0D2 |
| 0.63% | -- | SUMITOMO MITSUI FINL GRP | 5.56% | 07/09/2034 | -- | $1,580,093.64 | 1,565,000 | BT5FJ27 |
| 0.59% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $1,487,400.02 | 1,565,000 | BF22PM5 |
| 0.59% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $1,482,376.50 | 1,569,000 | B92PSY5 |
| 0.59% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $1,474,876.05 | 1,389,000 | B2NP6Q3 |
| 0.58% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $1,460,708.95 | 1,453,000 | B62V507 |
| 0.58% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,454,039.70 | 1,358,000 | B1Z54W6 |
| 0.58% | -- | UBS GROUP AG | 4.88% | 05/15/2045 | -- | $1,452,569.20 | 1,679,000 | BPX2D53 |
| 0.58% | -- | MERCEDES-BENZ FIN NA | 8.50% | 01/18/2031 | -- | $1,447,998.44 | 1,240,000 | B065ZJ2 |
| 0.57% | -- | OCCIDENTAL PETROLEUM COR | 6.45% | 09/15/2036 | -- | $1,442,947.24 | 1,463,000 | BK8VN61 |
| 0.57% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $1,435,867.15 | 1,498,000 | BWXV3J3 |
| 0.57% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $1,430,655.31 | 1,733,000 | B5NNJ47 |
| 0.57% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $1,420,540.99 | 1,658,000 | BJZ7ZQ9 |
| 0.57% | -- | BANCO SANTANDER SA | 6.35% | 03/14/2034 | -- | $1,419,124.56 | 1,396,000 | BS9CCW8 |
| 0.56% | -- | JOHN DEERE CAPITAL CORP | 5.15% | 09/08/2033 | -- | $1,410,763.75 | 1,401,000 | BNSP609 |
| 0.56% | -- | SHELL FINANCE US INC | 4.00% | 05/10/2046 | -- | $1,409,738.76 | 1,828,000 | BR4TV31 |
| 0.55% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $1,393,438.57 | 1,337,000 | B1FTHZ2 |
| 0.55% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $1,381,617.66 | 1,929,000 | BCHWWF1 |
| 0.55% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $1,381,253.99 | 1,545,000 | BGDXK74 |
| 0.55% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $1,369,385.87 | 1,304,000 | B1YLTG4 |
| 0.54% | -- | VERIZON COMMUNICATIONS | 4.52% | 09/15/2048 | -- | $1,368,507.82 | 1,680,000 | BYRLSF4 |
| 0.54% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,367,814.93 | 1,344,000 | B3RZKK8 |
| 0.54% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,367,565.09 | 1,844,000 | BKVJXB7 |
| 0.54% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $1,367,461.85 | 1,235,000 | 2859233 |
| 0.54% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $1,358,310.54 | 1,316,000 | B1VQ7M4 |
| 0.53% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $1,319,627.60 | 1,363,000 | B7RB2F3 |
| 0.52% | -- | SHELL INTERNATIONAL FIN | 5.50% | 03/25/2040 | -- | $1,313,116.57 | 1,341,000 | B4XNLW2 |
| 0.52% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $1,312,169.38 | 1,348,000 | B28WMV6 |
| 0.52% | -- | SUMITOMO MITSUI FINL GRP | 6.18% | 07/13/2043 | -- | $1,305,175.18 | 1,257,000 | BRF2J57 |
| 0.52% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,304,622.97 | 1,224,000 | B39XY20 |
| 0.51% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $1,291,647.15 | 1,211,000 | B283338 |
| 0.51% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $1,280,148.75 | 1,562,000 | BDGLCL2 |
| 0.51% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $1,279,664.39 | 1,224,000 | B13VN63 |
| 0.51% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,269,830.28 | 1,196,000 | B57GT08 |
| 0.50% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $1,252,773.78 | 1,953,000 | BNTDCD7 |
| 0.49% | -- | TORONTO-DOMINION BANK | 4.46% | 06/08/2032 | -- | $1,236,315.87 | 1,285,000 | BQB7JS2 |
| 0.48% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $1,204,640.32 | 1,204,000 | B1VJP74 |
| 0.47% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $1,192,196.26 | 1,302,000 | BDCMR69 |
| 0.47% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $1,191,964.31 | 1,452,000 | BS9FPF1 |
| 0.47% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $1,189,954.53 | 1,150,000 | B0BXDC0 |
| 0.47% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $1,186,844.89 | 1,250,000 | B44YJW0 |
| 0.47% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $1,179,662.61 | 1,480,000 | B944GF7 |
| 0.47% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $1,173,894.23 | 1,328,000 | B8Y96M2 |
| 0.47% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $1,172,261.07 | 1,417,000 | BKFH1R9 |
| 0.47% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $1,170,550.41 | 1,341,000 | BM9CQB3 |
| 0.46% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $1,161,252.09 | 1,088,000 | 7392227 |
| 0.45% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $1,131,493.16 | 1,010,000 | B242VX5 |
| 0.45% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $1,130,002.72 | 1,614,000 | BKSJPT2 |
| 0.44% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $1,107,121.94 | 951,000 | B2Q1497 |
| 0.44% | -- | UNITED AIR 2023-1 A PTT | 5.80% | 01/15/2036 | -- | $1,096,651.23 | 1,106,254 | BRRH916 |
| 0.43% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $1,088,007.06 | 1,222,000 | BY8L4X3 |
| 0.43% | -- | JOHN DEERE CAPITAL CORP | 5.10% | 04/11/2034 | -- | $1,082,043.74 | 1,087,000 | BSVHXY0 |
| 0.43% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $1,081,447.32 | 1,253,000 | BWC4YL2 |
| 0.42% | -- | TOYOTA MOTOR CREDIT CORP | 5.55% | 11/20/2030 | -- | $1,065,872.89 | 1,030,000 | BP0VPB3 |
| 0.41% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $1,040,784.40 | 854,000 | B3Q88R1 |
| 0.41% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $1,033,998.34 | 965,000 | B29SN65 |
| 0.41% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $1,019,409.58 | 1,057,000 | B4TV238 |
| 0.40% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $1,011,180.99 | 1,143,000 | BM6NVC5 |
| 0.40% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $1,010,886.88 | 1,039,000 | BYZKXZ8 |
| 0.40% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $1,008,652.79 | 1,240,000 | B6Z7568 |
| 0.39% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $991,276.62 | 1,217,000 | BF2TMG9 |
| 0.39% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $985,859.33 | 1,306,000 | BFMYF65 |
| 0.39% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $984,749.15 | 877,000 | 2836399 |
| 0.38% | -- | HP INC | 6.00% | 09/15/2041 | -- | $950,894.14 | 970,000 | B5V6LS6 |
| 0.38% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $946,707.95 | 1,091,000 | BMWC8Z8 |
| 0.36% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $910,701.52 | 1,028,000 | B82MC25 |
| 0.36% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $900,937.00 | 963,000 | BYNWXZ6 |
| 0.36% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $899,180.74 | 1,094,000 | B9D69N3 |
| 0.36% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $897,482.29 | 952,000 | BYP6GR9 |
| 0.36% | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $892,065.93 | 1,060,000 | BLR6S70 |
| 0.35% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $888,957.68 | 937,000 | B5TZB18 |
| 0.35% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $886,891.10 | 867,000 | B1G7Y98 |
| 0.35% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $877,669.67 | 1,133,000 | BYYXY44 |
| 0.35% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $869,835.08 | 934,000 | B57Y827 |
| 0.34% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $843,621.93 | 1,017,000 | B78K6L3 |
| 0.33% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $840,230.82 | 1,051,000 | B8J5PR3 |
| 0.33% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $836,864.46 | 780,000 | 7518926 |
| 0.33% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $833,395.45 | 972,000 | BP8JVG6 |
| 0.33% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $825,187.31 | 1,013,000 | B8HK5Z8 |
| 0.32% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $814,737.50 | 864,000 | BYTRVR3 |
| 0.31% | -- | NOMURA HOLDINGS INC | 5.78% | 07/03/2034 | -- | $769,219.16 | 766,000 | BT3JZL2 |
| 0.31% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $768,996.28 | 908,000 | BNBYGX6 |
| 0.30% | -- | WESTPAC BANKING CORP | 3.13% | 11/18/2041 | -- | $754,596.05 | 1,088,000 | BLD9486 |
| 0.30% | -- | GOLDMAN SACHS GROUP INC | 6.13% | 02/15/2033 | -- | $751,095.32 | 703,000 | 2350640 |
| 0.30% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $748,437.78 | 858,000 | BKBQ3G3 |
| 0.28% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $701,998.96 | 859,000 | B968SP1 |
| 0.28% | -- | CISCO SYSTEMS INC | 5.50% | 01/15/2040 | -- | $697,307.05 | 699,000 | B596Q94 |
| 0.27% | -- | BARCLAYS PLC | 4.95% | 01/10/2047 | -- | $679,684.10 | 774,000 | BD72S38 |
| 0.26% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $662,639.84 | 1,154,000 | BLN8Y83 |
| 0.26% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $654,891.55 | 657,000 | B1G5DX9 |
| 0.26% | -- | ELEVANCE HEALTH INC | 4.65% | 01/15/2043 | -- | $646,354.88 | 761,000 | B88F2Y0 |
| 0.25% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $639,365.18 | 769,000 | BGLPFR7 |
| 0.25% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $616,864.61 | 723,000 | BFY9706 |
| 0.24% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $610,090.58 | 800,000 | BX2H0V0 |
| 0.24% | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $604,996.44 | 771,000 | BZ3FFH8 |
| 0.24% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $590,764.26 | 689,000 | BXC5WP2 |
| 0.23% | -- | SUMITOMO MITSUI FINL GRP | 5.84% | 07/09/2044 | -- | $585,024.52 | 595,000 | BT5FJ50 |
| 0.23% | -- | SUMITOMO MITSUI FINL GRP | 2.22% | 09/17/2031 | -- | $583,500.37 | 689,000 | BMHLCZ8 |
| 0.23% | -- | JOHN DEERE CAPITAL CORP | 4.40% | 09/08/2031 | -- | $576,368.00 | 588,000 | BTFK557 |
| 0.22% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $556,169.25 | 670,000 | BSKDLG7 |
| 0.22% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $551,807.36 | 614,000 | BYWZXG7 |
| 0.21% | -- | ROYAL BANK OF CANADA | 5.00% | 02/01/2033 | -- | $539,499.65 | 542,000 | BQ3Q0J5 |
| 0.21% | -- | FORD MOTOR COMPANY | 4.75% | 01/15/2043 | -- | $519,732.31 | 693,000 | B8H94Y7 |
| 0.20% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $500,644.14 | 706,000 | BMX5050 |
| 0.19% | -- | COCA-COLA CO/THE | 2.25% | 01/05/2032 | -- | $476,839.35 | 550,000 | BLF8XX9 |
| 0.19% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $470,934.52 | 518,000 | BKJL6Z0 |
| 0.18% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $444,485.52 | 551,000 | BN459D7 |
| 0.17% | -- | PFIZER INC | 4.40% | 05/15/2044 | -- | $422,430.00 | 500,000 | BMMB3K5 |
| 0.16% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $411,324.42 | 450,000 | BDFLJN4 |
| 0.16% | -- | VODAFONE GROUP PLC | 5.25% | 05/30/2048 | -- | $394,146.84 | 446,000 | BYWFVF2 |
| 0.15% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $378,767.26 | 369,000 | B0J45R4 |
| 0.14% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $360,972.09 | 354,000 | B3LR141 |
| 0.13% | -- | CITIGROUP INC | 4.65% | 07/30/2045 | -- | $338,752.90 | 401,000 | BYTHPH1 |
| 0.13% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $324,495.66 | 400,000 | B8HTMS7 |
| 0.12% | -- | JPMORGAN CHASE & CO | 5.63% | 08/16/2043 | -- | $293,436.39 | 300,000 | BD035K4 |
| 0.11% | -- | ROYAL BANK OF CANADA | 3.88% | 05/04/2032 | -- | $279,700.83 | 300,000 | BP4CQX1 |
| 0.11% | -- | WELLS FARGO & COMPANY | 5.38% | 11/02/2043 | -- | $271,814.45 | 300,000 | BFVGYC1 |
| 0.10% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $260,976.68 | 321,000 | BBD6G92 |
| 0.10% | -- | JPMORGAN CHASE & CO | 5.40% | 01/06/2042 | -- | $243,443.49 | 250,000 | B7FRRL4 |
| 0.09% | -- | SHELL FINANCE US INC | 3.75% | 09/12/2046 | -- | $223,115.72 | 300,000 | BR4TTZ9 |
| 0.08% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $192,906.10 | 234,000 | BK6WV73 |
| 0.07% | -- | MORGAN STANLEY | 6.38% | 07/24/2042 | -- | $179,912.27 | 170,000 | B7N7040 |
| 0.05% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $130,049.94 | 144,000 | B8ZRND5 |
| 0.03% | -- | SHELL FINANCE US INC | 4.13% | 05/11/2035 | -- | $77,413.29 | 84,000 | BR4TV20 |
| 0.03% | -- | BANCO SANTANDER SA | 6.03% | 01/17/2035 | -- | $73,848.72 | 72,000 | BSHWBT0 |
| 0.03% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $70,310.53 | 78,000 | B819DG8 |
| 0.02% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $39,340.26 | 48,000 | BDSFRX9 |
| -3.14% | -- | US ULTRA BOND CBT BOND 18/JUN/2025 WNM5 COMDTY | -- | -- | -7,890,125 | -- | -68 | -- |
| -27.85% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2025 TYM5 COMDTY | -- | -- | -69,940,125 | -- | -636 | -- |
| -60.03% | -- | US LONG BOND(CBT) BOND 18/JUN/2025 USM5 COMDTY | -- | -- | -150,775,875 | -- | -1,338 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $13,279,309.48 | 13,279,309 | -- |
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