SPXB
S&P 500 Bond ETF
Why Invest in SPXB?
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The S&P 500 has been among the best known and most widely used U.S. equity benchmarks for decades.
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SPXB's index selects bonds from S&P 500 companies. The selected bonds have stronger credit quality than the broader U.S. corporate bond landscape.
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The index seeks to select the most liquid investment grade bonds from companies in the S&P 500.
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SPXB offers investors bond exposure with the cost efficiency, tradability and transparency of an ETF.
Why Invest in SPXB?
-
The S&P 500 has been among the best known and most widely used U.S. equity benchmarks for decades.
-
SPXB's index selects bonds from S&P 500 companies. The selected bonds have stronger credit quality than the broader U.S. corporate bond landscape.
-
The index seeks to select the most liquid investment grade bonds from companies in the S&P 500.
-
SPXB offers investors bond exposure with the cost efficiency, tradability and transparency of an ETF.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SPXB Market Price | -0.99% | -0.43% | 2.37% | 2.83% | 0.95% | -4.76% | 1.24% | -- | 1.54% | 05/01/2018 |
| SPXB NAV | -0.80% | -0.18% | 2.49% | 2.73% | 0.50% | -4.69% | 1.28% | -- | 1.54% | 05/01/2018 |
| S&P 500/Market Axess Investment Grade Corporate Bond Index | -0.86% | -0.21% | 2.36% | 2.75% | 0.66% | -4.45% | 1.42% | -- | 1.65% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SPXB Market Price | 0.59% | -0.50% | 3.89% | 3.89% | 1.88% | -4.14% | 1.74% | -- | 1.79% | 05/01/2018 |
| SPXB NAV | 0.50% | -0.46% | 3.43% | 3.43% | 1.35% | -4.01% | 1.70% | -- | 1.72% | 05/01/2018 |
| S&P 500/Market Axess Investment Grade Corporate Bond Index | 0.48% | -0.39% | 3.47% | 3.47% | 1.66% | -3.79% | 1.84% | -- | 1.84% | -- |
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 SPXB
- Intraday Ticker SPXB.IV
- CUSIP 74347B318
- Inception Date 5/1/18
- Expense Ratio 0.15%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 7/31/2023- 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 4.23%
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 5.23%
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 -- - Net Effective Duration --
Price
as of 9/28/2023- NAV $71.45
- NAV Change $0.00
- Market Price $71.51
- Market Price Change $+0.04
- Trading Volume (M) 233
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Snapshot
- Ticker SPXB
- Intraday Ticker SPXB.IV
- CUSIP 74347B318
- Inception Date 5/1/18
- Unitary Expense Ratio 0.15%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 7/31/2023- 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 4.23%
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 5.23%
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 --
- Net Effective Duration --
Price
as of 9/28/2023- NAV $71.45
- NAV Change $0.00
- Market Price $71.51
- Market Price Change $+0.04
- Trading Volume (M) 233
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Exposures
Index as of 11/30/2022
Holdings
as of 9/28/2023
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 2.11% | -- | PFIZER INVESTMENT ENTER | 4.45% | 05/19/2026 | -- | $226,461.90 | 232,000 | BNRR134 |
| 1.98% | -- | AT&T INC | 2.75% | 06/01/2031 | -- | $212,556.04 | 266,000 | BMHWTS3 |
| 1.64% | -- | VERIZON COMMUNICATIONS | 4.33% | 09/21/2028 | -- | $175,501.48 | 187,000 | BGDQ891 |
| 1.55% | -- | WARNERMEDIA HOLDINGS INC | 5.14% | 03/15/2052 | -- | $165,993.71 | 223,000 | BN70SX2 |
| 1.55% | -- | HCA INC | 5.25% | 04/15/2025 | -- | $165,852.00 | 168,000 | BRJ76D5 |
| 1.34% | -- | AT&T INC | 3.50% | 09/15/2053 | -- | $144,048.88 | 233,000 | BNTFQF3 |
| 1.29% | -- | BOEING CO | 5.71% | 05/01/2040 | -- | $138,595.26 | 150,000 | BL0CVH6 |
| 1.25% | -- | AMAZON.COM INC | 4.60% | 12/01/2025 | -- | $134,189.40 | 136,000 | BPCPZ80 |
| 1.22% | -- | ORACLE CORP | 1.65% | 03/25/2026 | -- | $131,230.69 | 145,000 | BL66YR3 |
| 1.22% | -- | MERCK & CO INC | 2.15% | 12/10/2031 | -- | $130,311.67 | 165,000 | BMG72N5 |
| 1.21% | -- | WELLS FARGO & COMPANY | 3.00% | 10/23/2026 | -- | $129,426.43 | 141,000 | BYQ74R7 |
| 1.18% | -- | ALTRIA GROUP INC | 5.80% | 02/14/2039 | -- | $126,065.58 | 136,000 | BJ2WB47 |
| 1.16% | -- | COMCAST CORP | 1.50% | 02/15/2031 | -- | $124,008.29 | 164,000 | BKPTQ25 |
| 1.15% | -- | IBM CORP | 3.50% | 05/15/2029 | -- | $123,727.87 | 137,000 | BFY97H3 |
| 1.13% | -- | UNITEDHEALTH GROUP INC | 3.75% | 07/15/2025 | -- | $121,463.84 | 125,000 | BYTRVX9 |
| 1.08% | -- | BROADCOM CRP / CAYMN FI | 3.88% | 01/15/2027 | -- | $115,493.56 | 123,000 | BDRTBT6 |
| 1.04% | -- | CVS HEALTH CORP | 4.30% | 03/25/2028 | -- | $111,506.59 | 118,000 | BF3V2P3 |
| 1.03% | -- | APPLE INC | 1.20% | 02/08/2028 | -- | $110,772.24 | 130,000 | BKPKLV2 |
| 1.03% | -- | GOLDMAN SACHS GROUP INC | 3.80% | 03/15/2030 | -- | $110,073.75 | 125,000 | BLD6NP7 |
| 1.01% | -- | ABBVIE INC | 4.70% | 05/14/2045 | -- | $108,412.93 | 127,000 | BXC32G7 |
| 0.98% | -- | MORGAN STANLEY | 5.95% | 01/19/2038 | -- | $104,737.07 | 112,000 | BL0NRR1 |
| 0.96% | -- | HOME DEPOT INC | 4.50% | 09/15/2032 | -- | $102,929.41 | 109,000 | BN72M03 |
| 0.94% | -- | META PLATFORMS INC | 5.60% | 05/15/2053 | -- | $101,286.16 | 107,000 | BQPF8B8 |
| 0.91% | -- | T-MOBILE USA INC CALLABLE NOTES FIXED 5.75% 15/JAN/2034 USD 1000 | -- | -- | -- | $97,488.22 | 100,000 | -- |
| 0.91% | -- | ORACLE CORP | 5.80% | 11/10/2025 | -- | $97,302.79 | 97,000 | BQ69723 |
| 0.89% | -- | PACIFIC GAS & ELECTRIC | 3.50% | 08/01/2050 | -- | $95,282.44 | 161,000 | BMYR011 |
| 0.87% | -- | MORGAN STANLEY | 3.13% | 07/27/2026 | -- | $92,873.29 | 100,000 | BYV6G28 |
| 0.86% | -- | ORACLE CORP | 3.65% | 03/25/2041 | -- | $92,692.83 | 130,000 | BL6KR76 |
| 0.85% | -- | LOWE'S COS INC | 5.63% | 04/15/2053 | -- | $91,372.49 | 100,000 | BMDQFD6 |
| 0.85% | -- | CITIGROUP INC | 3.40% | 05/01/2026 | -- | $91,077.88 | 97,000 | BDGKYT1 |
| 0.84% | -- | APPLE INC | 3.35% | 02/09/2027 | -- | $89,704.00 | 95,000 | BD894X0 |
| 0.83% | -- | CIGNA GROUP/THE | 4.90% | 12/15/2048 | -- | $88,575.81 | 105,000 | BKPHS34 |
| 0.82% | -- | BANK OF AMERICA CORP | 4.25% | 10/22/2026 | -- | $88,221.46 | 93,000 | BRS6105 |
| 0.81% | -- | MICROSOFT CORP | 3.30% | 02/06/2027 | -- | $87,288.39 | 92,000 | BYP2PD6 |
| 0.80% | -- | BRISTOL-MYERS SQUIBB CO | 3.40% | 07/26/2029 | -- | $86,014.86 | 95,000 | BMWV996 |
| 0.78% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $83,099.62 | 100,000 | BWC4YL2 |
| 0.76% | -- | CVS HEALTH CORP | 5.88% | 06/01/2053 | -- | $81,402.40 | 88,000 | BRJVHT0 |
| 0.76% | -- | PHILIP MORRIS INTL INC | 5.13% | 11/17/2027 | -- | $81,222.77 | 83,000 | BP39C91 |
| 0.71% | -- | JPMORGAN CHASE & CO | 3.90% | 07/15/2025 | -- | $76,475.33 | 79,000 | BYP3G69 |
| 0.71% | -- | WALT DISNEY COMPANY/THE | 3.80% | 03/22/2030 | -- | $76,109.54 | 84,000 | BL98SN0 |
| 0.70% | -- | ABBVIE INC | 3.20% | 05/14/2026 | -- | $75,526.92 | 80,000 | BYP8MS8 |
| 0.69% | -- | GENERAL MOTORS CO | 6.13% | 10/01/2025 | -- | $73,819.29 | 74,000 | BLB4P79 |
| 0.66% | -- | ABBVIE INC | 2.60% | 11/21/2024 | -- | $70,391.79 | 73,000 | BK7BXL7 |
| 0.62% | -- | AMGEN INC | 5.25% | 03/02/2033 | -- | $66,966.81 | 70,000 | BMTY608 |
| 0.62% | -- | AMERICAN EXPRESS CO | 2.55% | 03/04/2027 | -- | $66,621.29 | 74,000 | BQ0GKC1 |
| 0.62% | -- | APPLE INC | 2.65% | 02/08/2051 | -- | $66,130.44 | 109,000 | BKP9GX6 |
| 0.61% | -- | FISERV INC | 4.40% | 07/01/2049 | -- | $65,324.56 | 85,000 | BGBN0F4 |
| 0.60% | -- | BANK OF AMERICA CORP | 5.00% | 01/21/2044 | -- | $64,026.04 | 73,000 | BJ3WDS4 |
| 0.60% | -- | GENERAL MOTORS CO | 6.60% | 04/01/2036 | -- | $64,005.91 | 66,000 | BYXXXG0 |
| 0.60% | -- | SPRINT CAPITAL CORP | 6.88% | 11/15/2028 | -- | $63,825.28 | 62,000 | 2327354 |
| 0.59% | -- | GOLDMAN SACHS GROUP INC | 3.85% | 01/26/2027 | -- | $62,748.20 | 67,000 | BDFDPG5 |
| 0.58% | -- | AMAZON.COM INC | 4.95% | 12/05/2044 | -- | $62,374.79 | 67,000 | BTC0KW2 |
| 0.58% | -- | SALESFORCE INC | 2.90% | 07/15/2051 | -- | $62,319.16 | 100,000 | BMD7JQ0 |
| 0.58% | -- | NVIDIA CORP | 2.85% | 04/01/2030 | -- | $61,885.94 | 71,000 | BKMQMN2 |
| 0.55% | -- | GILEAD SCIENCES INC | 2.60% | 10/01/2040 | -- | $58,731.19 | 89,000 | BMDWCG6 |
| 0.55% | -- | WALMART INC | 4.15% | 09/09/2032 | -- | $58,684.70 | 63,000 | BMDQFF8 |
| 0.55% | -- | MICROSOFT CORP | 2.68% | 06/01/2060 | -- | $58,565.31 | 100,000 | BM9GFY1 |
| 0.54% | -- | COSTCO WHOLESALE CORP | 1.60% | 04/20/2030 | -- | $57,720.61 | 72,000 | BMG2X93 |
| 0.53% | -- | MEDTRONIC GLOBAL HLDINGS | 4.50% | 03/30/2033 | -- | $56,770.51 | 61,000 | BP6V8C9 |
| 0.53% | -- | EXXON MOBIL CORPORATION | 2.61% | 10/15/2030 | -- | $56,550.30 | 67,000 | BLB4M90 |
| 0.53% | -- | T-MOBILE USA INC | 5.05% | 07/15/2033 | -- | $56,517.50 | 61,000 | BMX3FK4 |
| 0.52% | -- | UNION PACIFIC CORP | 2.80% | 02/14/2032 | -- | $56,020.64 | 68,000 | BNYF3T1 |
| 0.52% | -- | INTEL CORP | 5.90% | 02/10/2063 | -- | $55,879.26 | 59,000 | BMX7HC2 |
| 0.52% | -- | ELEVANCE HEALTH INC | 5.13% | 02/15/2053 | -- | $55,787.90 | 63,000 | BQB3QT0 |
| 0.51% | -- | AMGEN INC | 3.35% | 02/22/2032 | -- | $54,823.73 | 65,000 | BN95620 |
| 0.50% | -- | ELI LILLY & CO | 5.00% | 02/27/2026 | -- | $53,857.43 | 54,000 | BQKRB54 |
| 0.50% | -- | CHEVRON CORP | 1.55% | 05/11/2025 | -- | $53,575.72 | 57,000 | BLB4160 |
| 0.49% | -- | SOUTHERN CO | 5.20% | 06/15/2033 | -- | $52,802.87 | 56,000 | BNBXR96 |
| 0.49% | -- | VERIZON COMMUNICATIONS | 3.70% | 03/22/2061 | -- | $52,780.27 | 83,000 | BNGDW30 |
| 0.49% | -- | ONEOK INC | 6.05% | 09/01/2033 | -- | $52,055.92 | 53,000 | BRBHJ23 |
| 0.48% | -- | MICROSOFT CORP | 3.04% | 03/17/2062 | -- | $51,382.02 | 81,000 | BMFPF53 |
| 0.48% | -- | RTX CORP | 3.95% | 08/16/2025 | -- | $51,271.73 | 53,000 | BF8QNV6 |
| 0.47% | -- | NETFLIX INC | 5.88% | 02/15/2025 | -- | $49,942.09 | 50,000 | BZ6C9T6 |
| 0.46% | -- | AMGEN INC | 5.51% | 03/02/2026 | -- | $49,688.20 | 50,000 | BMTY642 |
| 0.45% | -- | KINDER MORGAN INC | 4.30% | 06/01/2025 | -- | $48,679.70 | 50,000 | BST78B4 |
| 0.45% | -- | DUPONT DE NEMOURS INC | 4.49% | 11/15/2025 | -- | $47,819.25 | 49,000 | BGWKQL2 |
| 0.44% | -- | INTUIT INC CALLABLE NOTES FIXED 5.5% 15/SEP/2053 USD 1000 | -- | -- | -- | $47,032.84 | 49,000 | -- |
| 0.44% | -- | MICRON TECHNOLOGY INC | 4.19% | 02/15/2027 | -- | $47,008.38 | 50,000 | BK53BK0 |
| 0.43% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $45,931.64 | 56,000 | B86VSX1 |
| 0.42% | -- | OTIS WORLDWIDE CORP CALLABLE NOTES FIXED 2.565% 15/FEB/2030 USD 1000 | -- | -- | -- | $45,552.51 | 55,000 | -- |
| 0.42% | -- | PROLOGIS LP | 4.75% | 06/15/2033 | -- | $45,208.06 | 49,000 | BP6V8D0 |
| 0.42% | -- | EXELON CORP | 4.05% | 04/15/2030 | -- | $44,957.02 | 50,000 | BM5M651 |
| 0.42% | -- | MARRIOTT INTERNATIONAL | 3.50% | 10/15/2032 | -- | $44,955.91 | 55,000 | BKXBCX6 |
| 0.42% | -- | DUKE ENERGY CORP | 4.50% | 08/15/2032 | -- | $44,921.62 | 50,000 | BNBVDC5 |
| 0.42% | -- | CVS HEALTH CORP | 5.05% | 03/25/2048 | -- | $44,913.50 | 54,000 | BF4JKH4 |
| 0.41% | -- | ORACLE CORP | 2.80% | 04/01/2027 | -- | $44,471.53 | 49,000 | BM5J9Z3 |
| 0.41% | -- | AMGEN INC | 2.20% | 02/21/2027 | -- | $43,959.62 | 49,000 | BKMGBQ8 |
| 0.41% | -- | CROWN CASTLE INC | 3.80% | 02/15/2028 | -- | $43,946.42 | 48,000 | BFWK3V4 |
| 0.41% | -- | LOCKHEED MARTIN CORP | 5.90% | 11/15/2063 | -- | $43,923.59 | 43,000 | BNTVWW0 |
| 0.41% | -- | COMCAST CORP CALLABLE NOTES FIXED 5.35% 15/MAY/2053 USD 1000 | -- | -- | -- | $43,875.41 | 48,000 | -- |
| 0.41% | -- | HUMANA INC | 1.35% | 02/03/2027 | -- | $43,561.30 | 50,000 | BL669W3 |
| 0.41% | -- | STARBUCKS CORP | 2.55% | 11/15/2030 | -- | $43,516.34 | 53,000 | BMBMD21 |
| 0.41% | -- | INTEL CORP | 5.05% | 08/05/2062 | -- | $43,428.35 | 52,000 | BQHM3T0 |
| 0.40% | -- | PUBLIC SERVICE COLORADO | 5.25% | 04/01/2053 | -- | $43,274.79 | 50,000 | -- |
| 0.40% | -- | ALPHABET INC | 1.90% | 08/15/2040 | -- | $43,009.33 | 69,000 | BMD7ZG2 |
| 0.40% | -- | CARRIER GLOBAL CORP | 3.58% | 04/05/2050 | -- | $42,529.17 | 63,000 | BNG21Z2 |
| 0.39% | -- | JOHNSON & JOHNSON | 2.45% | 03/01/2026 | -- | $42,218.36 | 45,000 | BD31B52 |
| 0.39% | -- | UNITEDHEALTH GROUP INC | 4.00% | 05/15/2029 | -- | $42,060.22 | 45,000 | BPCMJ90 |
| 0.39% | -- | TARGA RESOURCES PARTNERS | 4.00% | 01/15/2032 | -- | $41,833.87 | 50,000 | BPLF5V4 |
| 0.39% | -- | GENERAL MOTORS CO | 5.95% | 04/01/2049 | -- | $41,545.18 | 49,000 | BGLRQ81 |
| 0.38% | -- | GLOBAL PAYMENTS INC | 2.90% | 05/15/2030 | -- | $40,974.61 | 50,000 | BL5DCM6 |
| 0.38% | -- | GE HEALTHCARE TECH INC | 6.38% | 11/22/2052 | -- | $40,364.60 | 40,000 | BQLPVD5 |
| 0.37% | -- | NEXTERA ENERGY CAPITAL | 5.25% | 02/28/2053 | -- | $39,768.72 | 46,000 | BMWSDF1 |
| 0.37% | -- | HCA INC | 5.25% | 06/15/2049 | -- | $39,345.25 | 48,000 | BKKDGY4 |
| 0.37% | -- | JOHN DEERE CAPITAL CORP | 4.75% | 01/20/2028 | -- | $39,215.73 | 40,000 | BNM9DD9 |
| 0.36% | -- | KRAFT HEINZ FOODS CO | 4.38% | 06/01/2046 | -- | $38,901.27 | 50,000 | BD7YG30 |
| 0.36% | -- | ALPHABET INC | 1.10% | 08/15/2030 | -- | $38,860.26 | 50,000 | BMD7L20 |
| 0.36% | -- | THERMO FISHER SCIENTIFIC | 2.00% | 10/15/2031 | -- | $38,786.33 | 50,000 | BNSQ8G2 |
| 0.36% | -- | BOEING CO | 5.93% | 05/01/2060 | -- | $38,571.79 | 43,000 | BL0CVM1 |
| 0.35% | -- | KEY BANK NA | 4.15% | 08/08/2025 | -- | $37,697.96 | 40,000 | BMCS6H4 |
| 0.35% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $37,582.08 | 50,000 | BVVCSF2 |
| 0.34% | -- | AMERICAN TOWER CORP | 3.80% | 08/15/2029 | -- | $36,434.20 | 41,000 | BG0X453 |
| 0.34% | -- | MPLX LP | 2.65% | 08/15/2030 | -- | $36,305.39 | 45,000 | BKP8MY6 |
| 0.34% | -- | BOOKING HOLDINGS INC | 4.63% | 04/13/2030 | -- | $36,008.20 | 38,000 | BLD7XG1 |
| 0.33% | -- | PARAMOUNT GLOBAL | 4.20% | 05/19/2032 | -- | $35,772.22 | 45,000 | BMF6F90 |
| 0.33% | -- | CHARLES SCHWAB CORP | 2.45% | 03/03/2027 | -- | $35,600.08 | 40,000 | BM9YY93 |
| 0.33% | -- | UTAH ACQUISITION SUB | 3.95% | 06/15/2026 | -- | $35,548.81 | 38,000 | BYMX833 |
| 0.33% | -- | HONEYWELL INTERNATIONAL INC CALLABLE NOTES FIXED 4.5% 15/JAN/2034 USD 1000 | -- | -- | -- | $35,217.65 | 38,000 | -- |
| 0.33% | -- | PFIZER INVESTMENT ENTER | 4.75% | 05/19/2033 | -- | $34,952.92 | 37,000 | BNRR0X7 |
| 0.32% | -- | WILLIAMS COS INC/THE CALLABLE NOTES FIXED 5.4% 02/MAR/2026 USD 1000 | -- | -- | -- | $34,703.99 | 35,000 | -- |
| 0.32% | -- | L3HARRIS TECHNOLOGIES INC CALLABLE NOTES FIXED 5.4% 31/JUL/2033 USD 1000 | -- | -- | -- | $34,617.06 | 36,000 | -- |
| 0.31% | -- | BIOGEN INC | 2.25% | 05/01/2030 | -- | $33,485.46 | 42,000 | BMDWPJ0 |
| 0.31% | -- | ORACLE CORP CALLABLE NOTES FIXED 6.25% 09/NOV/2032 USD 1000 | -- | -- | -- | $33,372.46 | 33,000 | -- |
| 0.31% | -- | EQUINIX INC | 3.20% | 11/18/2029 | -- | $33,299.14 | 39,000 | BKC9V23 |
| 0.30% | -- | GENERAL MOTORS CO | 5.00% | 10/01/2028 | -- | $32,429.70 | 34,000 | BGJNQ03 |
| 0.30% | -- | INTEL CORP | 4.88% | 02/10/2028 | -- | $32,320.51 | 33,000 | BMX7H99 |
| 0.30% | -- | DIAMONDBACK ENERGY INC | 4.25% | 03/15/2052 | -- | $32,070.63 | 45,000 | BQ1KVT6 |
| 0.29% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $31,299.21 | 31,000 | B283338 |
| 0.29% | -- | HCA INC | 3.50% | 07/15/2051 | -- | $31,029.67 | 50,000 | BP6C0R1 |
| 0.29% | -- | VERIZON COMMUNICATIONS | 2.10% | 03/22/2028 | -- | $30,871.66 | 36,000 | BNGDVX3 |
| 0.28% | -- | PNC FINANCIAL SERVICES | 2.55% | 01/22/2030 | -- | $29,974.23 | 37,000 | BH3T5P2 |
| 0.28% | -- | NASDAQ INC | 6.10% | 06/28/2063 | -- | $29,647.65 | 32,000 | BRT75N8 |
| 0.27% | -- | CATERPILLAR FINANCIAL SERVICES CORP CALLABLE MEDIUM TERM NOTE FIXED 4.35% 15/MAY/2026 USD 1000 | -- | -- | -- | $29,310.83 | 30,000 | -- |
| 0.27% | -- | PAYPAL HOLDINGS INC | 1.65% | 06/01/2025 | -- | $28,992.32 | 31,000 | BMD8015 |
| 0.27% | -- | COMCAST CORP CALLABLE NOTES FIXED 4.55% 15/JAN/2029 USD 1000 | -- | -- | -- | $28,761.91 | 30,000 | -- |
| 0.27% | -- | CITIGROUP INC | 3.70% | 01/12/2026 | -- | $28,513.73 | 30,000 | BYQ02K5 |
| 0.27% | -- | WALT DISNEY COMPANY/THE | 3.60% | 01/13/2051 | -- | $28,496.95 | 41,000 | BMDHPZ1 |
| 0.27% | -- | CVS HEALTH CORP CALLABLE NOTES FIXED 6% 01/JUN/2063 USD 1000 | -- | -- | -- | $28,483.09 | 31,000 | -- |
| 0.26% | -- | HP INC CALLABLE NOTES FIXED 5.5% 15/JAN/2033 USD 1000 | -- | -- | -- | $28,179.54 | 30,000 | -- |
| 0.26% | -- | NORTHROP GRUMMAN CORP CALLABLE NOTES FIXED 4.7% 15/MAR/2033 USD 1000 | -- | -- | -- | $28,000.19 | 30,000 | -- |
| 0.26% | -- | T-MOBILE USA INC CALLABLE NOTES FIXED 3.375% 15/APR/2029 USD 1000 | -- | -- | -- | $27,999.33 | 32,000 | -- |
| 0.26% | -- | NEXTERA ENERGY CAPITAL | 2.25% | 06/01/2030 | -- | $27,969.91 | 35,000 | BMHCRL2 |
| 0.26% | -- | CAPITAL ONE FINANCIAL CORP CALLABLE NOTES FIXED 3.75% 28/JUL/2026 USD 1000 | -- | -- | -- | $27,805.21 | 30,000 | -- |
| 0.26% | -- | MANUFACTURERS & TRADERS TRUST CO CALLABLE NOTES FIXED 4.7% 27/JAN/2028 USD 1000 | -- | -- | -- | $27,714.92 | 30,000 | -- |
| 0.26% | -- | PIONEER NATURAL RESOURCE | 5.10% | 03/29/2026 | -- | $27,625.05 | 28,000 | -- |
| 0.26% | -- | FOX CORP | 4.71% | 01/25/2029 | -- | $27,399.13 | 29,000 | BJLV907 |
| 0.26% | -- | MICROSOFT CORP | 2.53% | 06/01/2050 | -- | $27,337.99 | 45,000 | BM9DJ73 |
| 0.25% | -- | COMCAST CORP | 2.65% | 02/01/2030 | -- | $27,063.59 | 32,000 | BKV4BZ2 |
| 0.25% | -- | CITIGROUP INC | 3.20% | 10/21/2026 | -- | $26,767.69 | 29,000 | BYP7GJ4 |
| 0.25% | -- | ABBOTT LABORATORIES | 4.90% | 11/30/2046 | -- | $26,484.89 | 29,000 | BYQHX58 |
| 0.24% | -- | COREBRIDGE FINANCIAL INC CALLABLE NOTES FIXED 4.4% 05/APR/2052 USD 1000 | -- | -- | -- | $26,208.30 | 36,000 | -- |
| 0.24% | -- | WESTERN MIDSTREAM OPERATING LP CALLABLE NOTES FIXED 4.05% 01/FEB/2030 USD 1000 | -- | -- | -- | $26,136.62 | 30,000 | -- |
| 0.24% | -- | WELLS FARGO & COMPANY | 3.55% | 09/29/2025 | -- | $25,792.22 | 27,000 | BYTX3C0 |
| 0.24% | -- | METLIFE INC | 4.55% | 03/23/2030 | -- | $25,543.33 | 27,000 | BLNNWP1 |
| 0.24% | -- | HALLIBURTON CO | 5.00% | 11/15/2045 | -- | $25,335.66 | 30,000 | BYNR4N6 |
| 0.24% | -- | ABBVIE INC | 4.25% | 11/21/2049 | -- | $25,235.17 | 32,000 | BJDRSH3 |
| 0.23% | -- | CONAGRA BRANDS INC | 5.40% | 11/01/2048 | -- | $24,593.00 | 29,000 | BFWSC66 |
| 0.23% | -- | KRAFT HEINZ FOODS CO | 3.00% | 06/01/2026 | -- | $24,350.44 | 26,000 | BD31G91 |
| 0.23% | -- | CIGNA GROUP/THE | 4.13% | 11/15/2025 | -- | $24,190.72 | 25,000 | BKPHS01 |
| 0.22% | -- | KEURIG DR PEPPER INC | 4.60% | 05/25/2028 | -- | $24,018.10 | 25,000 | BK1VSD0 |
| 0.22% | -- | T-MOBILE USA INC | 4.80% | 07/15/2028 | -- | $23,988.79 | 25,000 | BRS9PZ7 |
| 0.22% | -- | MOLSON COORS BEVERAGE | 4.20% | 07/15/2046 | -- | $23,974.78 | 32,000 | BYT4Q46 |
| 0.22% | -- | APPLE INC | 1.13% | 05/11/2025 | -- | $23,370.35 | 25,000 | BM98Q11 |
| 0.22% | -- | BANK OF AMERICA CORP | 4.18% | 11/25/2027 | -- | $23,225.92 | 25,000 | BZ013F3 |
| 0.21% | -- | 3M COMPANY | 2.88% | 10/15/2027 | -- | $22,568.27 | 25,000 | BD6NJF1 |
| 0.21% | -- | EXXON MOBIL CORPORATION | 4.23% | 03/19/2040 | -- | $22,111.85 | 26,000 | BLD6PH3 |
| 0.21% | -- | BAXTER INTERNATIONAL INC | 1.92% | 02/01/2027 | -- | $22,060.11 | 25,000 | BMH24Z5 |
| 0.20% | -- | DOMINION ENERGY INC | 5.38% | 11/15/2032 | -- | $21,929.23 | 23,000 | BP4YS53 |
| 0.20% | -- | CELANESE US HOLDINGS LLC | 6.33% | 07/15/2029 | -- | $21,558.20 | 22,000 | BP9RBL4 |
| 0.20% | -- | WALMART INC | 4.50% | 09/09/2052 | -- | $21,532.37 | 25,000 | BMDQG22 |
| 0.20% | -- | HP ENTERPRISE CO | 6.35% | 10/15/2045 | -- | $21,439.27 | 22,000 | BDCT8F6 |
| 0.20% | -- | SOUTHWEST AIRLINES CO | 5.13% | 06/15/2027 | -- | $21,418.79 | 22,000 | BMBWVT4 |
| 0.20% | -- | BERKSHIRE HATHAWAY FIN | 4.20% | 08/15/2048 | -- | $21,156.75 | 26,000 | BFX84P8 |
| 0.20% | -- | AMAZON.COM INC | 2.50% | 06/03/2050 | -- | $21,050.69 | 36,000 | BM8HHH2 |
| 0.19% | -- | PRUDENTIAL FINANCIAL INC | 3.70% | 03/13/2051 | -- | $20,766.96 | 30,000 | BKVJXR3 |
| 0.19% | -- | NASDAQ INC | 5.35% | 06/28/2028 | -- | $20,601.28 | 21,000 | BQZDPL1 |
| 0.19% | -- | AMAZON.COM INC | 4.10% | 04/13/2062 | -- | $20,537.12 | 27,000 | BLPP192 |
| 0.19% | -- | JPMORGAN CHASE & CO | 2.95% | 10/01/2026 | -- | $20,350.65 | 22,000 | BDHBPY5 |
| 0.19% | -- | NEXTERA ENERGY CAPITAL | 4.90% | 02/28/2028 | -- | $20,298.51 | 21,000 | BMWSDB7 |
| 0.18% | -- | CELANESE US HOLDINGS LLC | 6.35% | 11/15/2028 | -- | $19,742.66 | 20,000 | BRBDWB1 |
| 0.18% | -- | PACIFICORP | 5.50% | 05/15/2054 | -- | $19,424.17 | 23,000 | -- |
| 0.18% | -- | EXXON MOBIL CORPORATION | 2.99% | 03/19/2025 | -- | $19,299.66 | 20,000 | BLD6Q92 |
| 0.18% | -- | GILEAD SCIENCES INC | 3.65% | 03/01/2026 | -- | $19,139.32 | 20,000 | BYMYP46 |
| 0.18% | -- | T-MOBILE USA INC | 4.75% | 02/01/2028 | -- | $19,120.22 | 20,000 | BFN9L83 |
| 0.17% | -- | PACIFIC GAS & ELECTRIC | 4.50% | 07/01/2040 | -- | $18,580.47 | 25,000 | BMVV6C9 |
| 0.17% | -- | BOEING CO | 5.81% | 05/01/2050 | -- | $18,238.37 | 20,000 | BL0CVF4 |
| 0.17% | -- | DISCOVER BANK | 4.65% | 09/13/2028 | -- | $17,821.53 | 20,000 | BG49XV6 |
| 0.15% | -- | BERKSHIRE HATHAWAY FIN | 4.25% | 01/15/2049 | -- | $16,472.91 | 20,000 | BHZRWX1 |
| 0.13% | -- | VISA INC | 4.15% | 12/14/2035 | -- | $14,420.29 | 16,000 | BYPHG16 |
| 0.13% | -- | NORTHROP GRUMMAN CORP | 3.25% | 01/15/2028 | -- | $13,748.72 | 15,000 | BF15KF3 |
| 0.12% | -- | LOWE'S COS INC | 4.50% | 04/15/2030 | -- | $13,058.44 | 14,000 | BMH1W14 |
| 0.11% | -- | TARGET CORP | 4.50% | 09/15/2032 | -- | $12,068.58 | 13,000 | BMD54D6 |
| 0.11% | -- | MERCK & CO INC | 2.75% | 12/10/2051 | -- | $12,059.17 | 20,000 | BLHM7Q0 |
| 0.11% | -- | HOME DEPOT INC | 2.38% | 03/15/2051 | -- | $12,028.79 | 22,000 | BMCPJX2 |
| 0.11% | -- | MPLX LP | 1.75% | 03/01/2026 | -- | $11,777.44 | 13,000 | BKP8MJ1 |
| 0.11% | -- | APPLE INC | 3.25% | 02/23/2026 | -- | $11,459.84 | 12,000 | BYN2GK2 |
| 0.11% | -- | MICROSOFT CORP | 3.50% | 02/12/2035 | -- | $11,349.77 | 13,000 | BVWXT28 |
| 0.09% | -- | DUPONT DE NEMOURS INC | 4.73% | 11/15/2028 | -- | $9,648.69 | 10,000 | BGT0PR4 |
| 0.09% | -- | ABBVIE INC | 4.88% | 11/14/2048 | -- | $9,603.84 | 11,000 | BGHCHX2 |
| 0.08% | -- | BERKSHIRE HATHAWAY ENERG | 4.60% | 05/01/2053 | -- | $8,560.74 | 11,000 | BNC3DJ7 |
| 0.08% | -- | EXXON MOBIL CORPORATION | 4.33% | 03/19/2050 | -- | $8,182.45 | 10,000 | BLST243 |
| 0.07% | -- | KEURIG DR PEPPER INC | 4.50% | 04/15/2052 | -- | $7,899.95 | 10,000 | BNTX3Z6 |
| 0.07% | -- | COMCAST CORP | 3.95% | 10/15/2025 | -- | $7,761.12 | 8,000 | BGGFFK5 |
| 0.07% | -- | T-MOBILE USA INC | 3.40% | 10/15/2052 | -- | $7,489.24 | 12,000 | BMB3SY1 |
| 0.06% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $6,617.07 | 8,000 | BMD7ZZ1 |
| 0.06% | -- | DISCOVERY COMMUNICATIONS | 3.63% | 05/15/2030 | -- | $5,920.91 | 7,000 | BMDHQ36 |
| 0.05% | -- | APPLE INC | 4.65% | 02/23/2046 | -- | $5,356.66 | 6,000 | BYN2GF7 |
| 0.04% | -- | COMCAST CORP | 4.15% | 10/15/2028 | -- | $4,726.38 | 5,000 | BGGFK55 |
| 0.04% | -- | AMERICAN EXPRESS CO | 5.85% | 11/05/2027 | -- | $4,029.13 | 4,000 | BMHLFM6 |
| 0.04% | -- | UNITEDHEALTH GROUP INC | 5.25% | 02/15/2028 | -- | $4,001.64 | 4,000 | BNHPS26 |
| 0.03% | -- | VERIZON COMMUNICATIONS | 4.13% | 03/16/2027 | -- | $2,848.90 | 3,000 | BYZNV75 |
| 0.03% | -- | CONOCOPHILLIPS COMPANY | 5.55% | 03/15/2054 | -- | $2,845.07 | 3,000 | BQV4VR6 |
| 0.03% | -- | AT&T INC | 4.30% | 02/15/2030 | -- | $2,730.90 | 3,000 | BG6F4D1 |
| 0.02% | -- | BROADCOM INC | 4.15% | 11/15/2030 | -- | $2,658.59 | 3,000 | BKPVKP2 |
| 0.02% | -- | VERIZON COMMUNICATIONS | 2.99% | 10/30/2056 | -- | $2,223.74 | 4,000 | BMXT869 |
| 0.02% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,060.46 | 2,000 | B1L80H6 |
| 0.02% | -- | BANK OF AMERICA CORP | 4.00% | 01/22/2025 | -- | $1,945.65 | 2,000 | BVFPYK4 |
| 0.02% | -- | ABBVIE INC | 3.60% | 05/14/2025 | -- | $1,932.54 | 2,000 | BXC32B2 |
| 0.02% | -- | T-MOBILE USA INC | 3.50% | 04/15/2025 | -- | $1,929.18 | 2,000 | BMW1BM3 |
| 0.02% | -- | WELLS FARGO & COMPANY | 3.00% | 02/19/2025 | -- | $1,920.34 | 2,000 | BVXL9F4 |
| 0.02% | -- | WELLS FARGO & COMPANY | 3.00% | 04/22/2026 | -- | $1,860.47 | 2,000 | BD72T35 |
| 0.02% | -- | VERIZON COMMUNICATIONS | 4.02% | 12/03/2029 | -- | $1,811.25 | 2,000 | BJ84802 |
| 0.02% | -- | GILEAD SCIENCES INC | 2.80% | 10/01/2050 | -- | $1,805.54 | 3,000 | BMDWBN6 |
| 0.02% | -- | VERIZON COMMUNICATIONS | 1.45% | 03/20/2026 | -- | $1,804.47 | 2,000 | BNGDVY4 |
| 0.02% | -- | CVS HEALTH CORP | 3.75% | 04/01/2030 | -- | $1,768.43 | 2,000 | BK8TZ92 |
| 0.02% | -- | BROADCOM INC | 4.30% | 11/15/2032 | -- | $1,738.07 | 2,000 | BKPVK30 |
| 0.02% | -- | ORACLE CORP | 2.95% | 04/01/2030 | -- | $1,680.91 | 2,000 | BM5JB13 |
| 0.01% | -- | ORACLE CORP | 3.60% | 04/01/2040 | -- | $1,433.32 | 2,000 | BM5M628 |
| 0.01% | -- | ORACLE CORP | 4.00% | 07/15/2046 | -- | $1,410.09 | 2,000 | BYVGRZ8 |
| 0.01% | -- | VERIZON COMMUNICATIONS | 3.55% | 03/22/2051 | -- | $1,319.92 | 2,000 | BNGDW29 |
| 0.01% | -- | CVS HEALTH CORP | 4.78% | 03/25/2038 | -- | $860.84 | 1,000 | BF4JK96 |
| 0.01% | -- | HALLIBURTON CO | 2.92% | 03/01/2030 | -- | $849.96 | 1,000 | BL1LX43 |
| 0.01% | -- | GILEAD SCIENCES INC | 1.65% | 10/01/2030 | -- | $780.07 | 1,000 | BMY4BP3 |
| 0.01% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $771.46 | 1,000 | BFY97C8 |
| 0.01% | -- | APPLE INC | 2.80% | 02/08/2061 | -- | $583.94 | 1,000 | BKPJTD7 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $218,313.32 | 218,313 | -- |
Index
as of 6/30/2023
- Total Number of Issues1000
- Effective Duration7.64
- Modified Duration--
- Weighted Average Maturity12.30 Years
- Weighted Average Coupon4.00%
- Monthly Index Volatility--
- Weighted Average Yield to Maturity5.29%
About the Index
From over 5000 bonds issued by S&P 500 companies, the S&P 500®/MarketAxess® Investment Grade Corporate Bond Index seeks to select and weight up to 1000 of the most liquid investment grade bonds based on the following criteria:
Qualifying investment grade bonds must (i) be issued in the United States and denominated in U.S. dollars, (ii) have a remaining maturity of greater than or equal to one year (as of the monthly rebalance date), (iii) have a maturity upon issuance of at least two and a half years, and (iv) have a minimum par amount of $750 million. Bonds meeting the above criteria are ranked based on their liquidity. The 1000 most liquid bonds (i.e., those with the highest average trading volumes) are included in the index.
The index is weighted by market value. Bond issuances with higher market values are more heavily weighted than bond issuances with lower market values. The index constituents are reset and rebalanced on a monthly basis.
Distributions
For
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
