IGHG
Investment Grade—Interest Rate Hedged
Morningstar Rating
Overall Morningstar Rating out of 260 Nontraditional Bond funds based on risk-adjusted returns as of 12/31/24.
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 2/28/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | -0.61% | 1.21% | 3.89% | -0.21% | 7.62% | 7.48% | 5.00% | 3.79% | 3.49% | 11/05/2013 |
| IGHG NAV | -0.88% | 0.72% | 3.70% | -0.37% | 7.06% | 7.54% | 4.89% | 3.77% | 3.45% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | -0.92% | 0.58% | 3.55% | -0.38% | 6.93% | 8.12% | 5.21% | 4.02% | 3.79% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | 1.42% | 3.22% | 5.57% | 9.20% | 9.20% | 6.49% | 4.15% | 3.91% | 3.56% | 11/05/2013 |
| IGHG NAV | 1.09% | 2.83% | 5.41% | 9.09% | 9.09% | 6.36% | 4.16% | 3.89% | 3.54% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 0.97% | 2.84% | 5.25% | 9.12% | 9.12% | 6.91% | 4.52% | 4.15% | 3.88% | -- |
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 2/28/2025- Number of Companies 184
- Net Effective Duration -0.03%
Price
as of 4/01/2025- NAV $76.30
- NAV Change $-0.48
- Market Price $76.32
- Market Price Change $-0.23
- Trading Volume (M) 72,625
- 30-Day Median Bid Ask Spread 0.29%
- View Premium / Discount
Distributions
as of 2/28/2025- SEC 30-Day Yield 5.18%
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 5.15%
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 announcement of the most recent distribution.
- 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 2/28/2025- Number of Companies 184
- Net Effective Duration -0.03%
Price
as of 4/01/2025- NAV $76.30
- NAV Change $-0.48
- Market Price $76.32
- Market Price Change $-0.23
- Trading Volume (M) 72,625
- 30-Day Median Bid Ask Spread 0.29%
- View Premium / Discount
Distributions
as of 2/28/2025- SEC 30-Day Yield 5.18%
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 5.15%
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 announcement of the most recent distribution.
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 4/01/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.49% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $4,116,086.40 | 3,801,000 | B2QR213 |
| 1.47% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $4,068,265.73 | 4,008,000 | B43XY12 |
| 1.47% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $4,065,712.95 | 3,867,000 | B6T0187 |
| 1.46% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $4,029,226.14 | 5,157,000 | BVVCSF2 |
| 1.42% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $3,924,447.02 | 4,646,000 | BYM4WR8 |
| 1.27% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $3,517,061.30 | 4,132,000 | B8C0348 |
| 1.21% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $3,344,391.44 | 3,157,000 | B43DYH8 |
| 1.18% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $3,264,665.58 | 3,032,000 | B4YDXD6 |
| 1.12% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $3,091,115.15 | 3,772,000 | BFY97C8 |
| 1.12% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $3,089,336.71 | 3,492,000 | B86VSX1 |
| 1.09% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $3,007,697.38 | 3,137,000 | BG3KW02 |
| 1.08% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $2,978,489.15 | 2,784,000 | B24FY35 |
| 1.00% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $2,768,921.42 | 2,336,000 | B65HZL3 |
| 1.00% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $2,756,399.27 | 2,488,000 | B2RDM21 |
| 0.98% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $2,717,619.16 | 2,353,000 | B2PHBR3 |
| 0.98% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,701,842.47 | 2,520,000 | B1L80H6 |
| 0.96% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $2,658,124.10 | 2,234,000 | B2RFJL5 |
| 0.96% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $2,656,225.67 | 2,498,000 | B1SBFX9 |
| 0.96% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $2,649,822.40 | 2,897,000 | BZ3FFJ0 |
| 0.94% | -- | SUMITOMO MITSUI FINL GRP | 5.77% | 01/13/2033 | -- | $2,591,844.78 | 2,482,000 | BMTX144 |
| 0.94% | -- | SHELL FINANCE US INC | 4.38% | 05/11/2045 | -- | $2,590,226.52 | 3,021,000 | BR4TTW6 |
| 0.93% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $2,559,408.01 | 2,322,000 | B2RK1T2 |
| 0.90% | -- | SPRINT CAPITAL CORP | 8.75% | 03/15/2032 | -- | $2,479,433.08 | 2,056,000 | 2964029 |
| 0.89% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $2,472,627.12 | 2,565,000 | BF22PM5 |
| 0.81% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $2,242,634.65 | 2,027,000 | B39F3N0 |
| 0.80% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $2,215,622.57 | 2,037,000 | BCRXKM7 |
| 0.80% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $2,208,212.51 | 2,122,000 | B287YY8 |
| 0.79% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $2,181,870.72 | 2,395,000 | BY58YT3 |
| 0.78% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $2,161,159.49 | 2,513,000 | BM9K8M2 |
| 0.78% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $2,148,285.21 | 2,282,000 | BF6DYK5 |
| 0.76% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $2,114,010.54 | 2,107,000 | B62X8Y8 |
| 0.76% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $2,105,556.04 | 2,330,000 | BYZYSL1 |
| 0.75% | -- | BANCO SANTANDER SA | 6.92% | 08/08/2033 | -- | $2,087,397.06 | 1,961,000 | BRF3T49 |
| 0.75% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $2,066,245.50 | 1,850,000 | B3LVPV8 |
| 0.75% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $2,062,178.68 | 1,853,000 | B3KFDY0 |
| 0.74% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $2,049,364.70 | 1,965,000 | B62V507 |
| 0.73% | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $2,032,977.16 | 2,320,000 | BYQNQH9 |
| 0.73% | -- | SUMITOMO MITSUI FINL GRP | 5.56% | 07/09/2034 | -- | $2,032,520.47 | 1,971,000 | BT5FJ27 |
| 0.73% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $2,014,438.33 | 1,771,000 | BKPTBZ3 |
| 0.73% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $2,010,062.64 | 1,805,000 | B170DG6 |
| 0.73% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $2,006,089.65 | 2,116,000 | BYT35M4 |
| 0.72% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $1,988,249.44 | 2,239,000 | BCZM189 |
| 0.71% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $1,953,260.39 | 2,031,000 | BJTGHH7 |
| 0.70% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $1,932,799.29 | 2,171,000 | BF04KW8 |
| 0.69% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $1,909,187.27 | 2,077,000 | BGDXK74 |
| 0.68% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $1,886,266.54 | 1,951,000 | BP8Y7Q3 |
| 0.66% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $1,836,451.75 | 1,870,000 | B5TZB18 |
| 0.66% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $1,814,089.06 | 2,146,000 | BVJXZY5 |
| 0.65% | -- | SHELL INTERNATIONAL FIN | 5.50% | 03/25/2040 | -- | $1,808,136.14 | 1,775,000 | B4XNLW2 |
| 0.65% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $1,807,969.76 | 2,076,000 | BYQ29R7 |
| 0.65% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $1,802,422.38 | 1,617,000 | B4T4431 |
| 0.64% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,771,646.51 | 1,602,000 | B1Z54W6 |
| 0.63% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,746,314.93 | 1,604,000 | B39XY20 |
| 0.63% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $1,737,574.75 | 1,551,000 | 2859233 |
| 0.63% | -- | FORD MOTOR COMPANY | 7.45% | 07/16/2031 | -- | $1,735,034.95 | 1,632,000 | 5733992 |
| 0.62% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $1,714,296.46 | 1,859,000 | BYRLRK2 |
| 0.61% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,698,167.54 | 1,901,000 | BNG28J5 |
| 0.61% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $1,694,683.39 | 1,533,000 | B2418B9 |
| 0.61% | -- | UBS GROUP AG | 4.88% | 05/15/2045 | -- | $1,690,234.73 | 1,869,000 | BPX2D53 |
| 0.60% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $1,673,141.06 | 1,656,000 | BGYY0D2 |
| 0.59% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $1,640,226.49 | 1,511,000 | B283338 |
| 0.59% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,637,591.66 | 2,094,000 | BKVJXB7 |
| 0.59% | -- | BANCO SANTANDER SA | 5.44% | 07/15/2031 | -- | $1,632,056.33 | 1,591,000 | BS6VKD5 |
| 0.59% | -- | TIME WARNER CABLE ENTRMN | 8.38% | 07/15/2033 | -- | $1,621,941.83 | 1,419,000 | 2727266 |
| 0.59% | -- | BANCO SANTANDER SA | 6.94% | 11/07/2033 | -- | $1,619,114.27 | 1,450,000 | BQ6C3K2 |
| 0.58% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $1,592,359.79 | 2,140,000 | BCHWWF1 |
| 0.58% | -- | MERCEDES-BENZ FIN NA | 8.50% | 01/18/2031 | -- | $1,591,563.11 | 1,348,000 | B065ZJ2 |
| 0.57% | -- | PROCTER & GAMBLE CO/THE | 1.20% | 10/29/2030 | -- | $1,587,757.52 | 1,869,000 | BN6LYH2 |
| 0.57% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $1,587,061.46 | 1,943,000 | BYYXY44 |
| 0.57% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $1,563,300.44 | 1,572,000 | B28WMV6 |
| 0.56% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $1,536,542.98 | 1,550,000 | B44YJW0 |
| 0.55% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $1,510,053.78 | 1,389,000 | B2NP6Q3 |
| 0.54% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $1,496,176.51 | 1,569,000 | B92PSY5 |
| 0.54% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $1,490,111.53 | 1,628,000 | B8Y96M2 |
| 0.54% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $1,489,470.77 | 1,658,000 | BJZ7ZQ9 |
| 0.54% | -- | BANCO SANTANDER SA | 6.35% | 03/14/2034 | -- | $1,485,593.51 | 1,442,000 | BS9CCW8 |
| 0.54% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $1,479,894.87 | 1,498,000 | BWXV3J3 |
| 0.53% | -- | OCCIDENTAL PETROLEUM COR | 6.45% | 09/15/2036 | -- | $1,467,445.04 | 1,420,000 | BK8VN61 |
| 0.52% | -- | TELEFONICA EUROPE BV | 8.25% | 09/15/2030 | -- | $1,443,298.97 | 1,253,000 | 4474021 |
| 0.52% | -- | TORONTO-DOMINION BANK | 4.46% | 06/08/2032 | -- | $1,438,586.16 | 1,485,000 | BQB7JS2 |
| 0.52% | -- | JOHN DEERE CAPITAL CORP | 5.15% | 09/08/2033 | -- | $1,434,243.73 | 1,401,000 | BNSP609 |
| 0.52% | -- | VERIZON COMMUNICATIONS | 4.52% | 09/15/2048 | -- | $1,434,032.17 | 1,680,000 | BYRLSF4 |
| 0.51% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,417,314.02 | 1,344,000 | B3RZKK8 |
| 0.51% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $1,414,520.80 | 1,413,000 | B7RB2F3 |
| 0.51% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $1,399,485.43 | 1,316,000 | B1VQ7M4 |
| 0.50% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $1,389,861.46 | 1,536,000 | BMD7ZZ1 |
| 0.50% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $1,374,713.73 | 1,268,000 | 7518926 |
| 0.50% | -- | SUMITOMO MITSUI FINL GRP | 6.18% | 07/13/2043 | -- | $1,372,004.65 | 1,257,000 | BRF2J57 |
| 0.48% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $1,332,895.63 | 1,562,000 | BDGLCL2 |
| 0.48% | -- | ROYAL BANK OF CANADA | 5.15% | 02/01/2034 | -- | $1,325,216.66 | 1,310,000 | BRF20R6 |
| 0.48% | -- | JOHN DEERE CAPITAL CORP | 5.10% | 04/11/2034 | -- | $1,319,777.76 | 1,299,000 | BSVHXY0 |
| 0.47% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $1,312,093.77 | 1,953,000 | BNTDCD7 |
| 0.47% | -- | SHELL FINANCE US INC | 4.00% | 05/10/2046 | -- | $1,310,510.56 | 1,624,000 | BR4TV31 |
| 0.47% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,296,991.44 | 1,196,000 | B57GT08 |
| 0.47% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $1,291,729.27 | 1,127,000 | 2836399 |
| 0.47% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $1,288,247.38 | 1,072,000 | B2Q1497 |
| 0.46% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/10/2039 | -- | $1,282,243.37 | 1,176,000 | B5B54D9 |
| 0.45% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $1,252,455.70 | 1,204,000 | B1VJP74 |
| 0.45% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $1,237,941.98 | 1,452,000 | BS9FPF1 |
| 0.45% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $1,231,433.85 | 1,480,000 | B944GF7 |
| 0.43% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $1,183,015.50 | 1,100,000 | B1YLTG4 |
| 0.43% | -- | HP INC | 6.00% | 09/15/2041 | -- | $1,181,492.76 | 1,166,000 | B5V6LS6 |
| 0.43% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $1,175,722.05 | 1,088,000 | 7392227 |
| 0.42% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $1,173,435.93 | 1,383,000 | B5NNJ47 |
| 0.42% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $1,160,058.31 | 1,010,000 | B242VX5 |
| 0.42% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $1,157,562.97 | 1,222,000 | BDCMR69 |
| 0.42% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $1,154,431.11 | 1,332,000 | BP8JVG6 |
| 0.41% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $1,128,375.67 | 1,291,000 | BMWC8Z8 |
| 0.41% | -- | UNITED AIR 2023-1 A PTT | 5.80% | 01/15/2036 | -- | $1,125,470.02 | 1,106,254 | BRRH916 |
| 0.40% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $1,116,644.76 | 1,222,000 | BY8L4X3 |
| 0.40% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $1,111,749.58 | 1,410,000 | BFMYF65 |
| 0.40% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $1,107,557.34 | 1,294,000 | B9D69N3 |
| 0.40% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $1,106,402.93 | 1,134,000 | B57Y827 |
| 0.39% | -- | TOYOTA MOTOR CREDIT CORP | 5.55% | 11/20/2030 | -- | $1,074,520.01 | 1,030,000 | BP0VPB3 |
| 0.38% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $1,064,636.30 | 965,000 | B29SN65 |
| 0.38% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $1,064,473.56 | 996,000 | B1FTHZ2 |
| 0.38% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $1,050,284.79 | 1,217,000 | B78K6L3 |
| 0.38% | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $1,046,583.38 | 1,271,000 | BZ3FFH8 |
| 0.38% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $1,038,363.32 | 835,000 | B3Q88R1 |
| 0.37% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $1,036,923.60 | 1,039,000 | BYZKXZ8 |
| 0.37% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $1,029,674.20 | 1,217,000 | BF2TMG9 |
| 0.37% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $1,013,761.02 | 1,185,000 | BKFH1R9 |
| 0.37% | -- | CITIGROUP INC | 4.65% | 07/30/2045 | -- | $1,012,813.07 | 1,151,000 | BYTHPH1 |
| 0.36% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $994,771.52 | 989,000 | B4TV238 |
| 0.36% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $985,612.06 | 1,364,000 | BKSJPT2 |
| 0.35% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $964,431.54 | 907,000 | B13VN63 |
| 0.34% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $951,892.85 | 1,028,000 | B82MC25 |
| 0.34% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $930,864.30 | 1,098,000 | B6Z7568 |
| 0.34% | -- | CISCO SYSTEMS INC | 5.50% | 01/15/2040 | -- | $928,381.35 | 899,000 | B596Q94 |
| 0.33% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $919,119.31 | 952,000 | BYP6GR9 |
| 0.33% | -- | WESTPAC BANKING CORP | 3.13% | 11/18/2041 | -- | $918,926.22 | 1,257,000 | BLD9486 |
| 0.33% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $916,754.01 | 963,000 | BYNWXZ6 |
| 0.31% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $861,622.46 | 1,013,000 | B8HK5Z8 |
| 0.31% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $857,054.14 | 953,000 | BWC4YL2 |
| 0.31% | -- | GOLDMAN SACHS GROUP INC | 6.13% | 02/15/2033 | -- | $851,589.10 | 788,000 | 2350640 |
| 0.31% | -- | ROYAL BANK OF CANADA | 5.00% | 02/01/2033 | -- | $843,723.86 | 842,000 | BQ3Q0J5 |
| 0.30% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $840,206.40 | 864,000 | BYTRVR3 |
| 0.30% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $828,747.48 | 893,000 | BM6NVC5 |
| 0.29% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $809,057.39 | 767,000 | B1G7Y98 |
| 0.28% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $781,346.77 | 908,000 | BNBYGX6 |
| 0.28% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $777,138.81 | 858,000 | BKBQ3G3 |
| 0.28% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $775,775.81 | 921,000 | BBD6G92 |
| 0.28% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $761,205.79 | 898,000 | BDSFRX9 |
| 0.27% | -- | NOMURA HOLDINGS INC | 5.78% | 07/03/2034 | -- | $735,809.07 | 716,000 | BT3JZL2 |
| 0.26% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $713,656.11 | 851,000 | BN459D7 |
| 0.25% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $687,987.81 | 744,000 | B8ZRND5 |
| 0.25% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $682,659.35 | 650,000 | B0BXDC0 |
| 0.24% | -- | ELEVANCE HEALTH INC | 4.65% | 01/15/2043 | -- | $673,960.85 | 761,000 | B88F2Y0 |
| 0.24% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $664,550.41 | 769,000 | BGLPFR7 |
| 0.24% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $655,963.09 | 699,000 | BDFLJN4 |
| 0.23% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $645,092.00 | 759,000 | B968SP1 |
| 0.23% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $638,311.90 | 723,000 | BFY9706 |
| 0.23% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $634,440.86 | 800,000 | BX2H0V0 |
| 0.23% | -- | BARCLAYS PLC | 4.95% | 01/10/2047 | -- | $631,013.34 | 696,000 | BD72S38 |
| 0.23% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $624,377.37 | 607,000 | B1G5DX9 |
| 0.23% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $623,519.96 | 751,000 | B8J5PR3 |
| 0.22% | -- | FORD MOTOR COMPANY | 4.75% | 01/15/2043 | -- | $621,859.56 | 815,000 | B8H94Y7 |
| 0.22% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $615,728.22 | 689,000 | BXC5WP2 |
| 0.22% | -- | SUMITOMO MITSUI FINL GRP | 5.84% | 07/09/2044 | -- | $609,582.89 | 595,000 | BT5FJ50 |
| 0.21% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $589,310.42 | 561,000 | B0J45R4 |
| 0.21% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $586,593.05 | 614,000 | BYWZXG7 |
| 0.21% | -- | JOHN DEERE CAPITAL CORP | 4.40% | 09/08/2031 | -- | $583,100.23 | 588,000 | BTFK557 |
| 0.21% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $567,325.04 | 670,000 | BSKDLG7 |
| 0.19% | -- | BANCO SANTANDER SA | 6.03% | 01/17/2035 | -- | $519,869.58 | 500,000 | BSHWBT0 |
| 0.18% | -- | MORGAN STANLEY | 6.38% | 07/24/2042 | -- | $492,413.00 | 450,000 | B7N7040 |
| 0.18% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $487,022.97 | 518,000 | BKJL6Z0 |
| 0.16% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $442,728.06 | 471,000 | B819DG8 |
| 0.15% | -- | VODAFONE GROUP PLC | 5.25% | 05/30/2048 | -- | $411,436.90 | 446,000 | BYWFVF2 |
| 0.14% | -- | SHELL FINANCE US INC CALLABLE NOTES FIXED 3.75% 12/SEP/2046 USD 1000 | -- | -- | -- | $387,855.41 | 500,000 | -- |
| 0.14% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $384,262.34 | 438,000 | BM9CQB3 |
| 0.13% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $370,505.50 | 354,000 | B3LR141 |
| 0.13% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $362,511.53 | 601,000 | BLN8Y83 |
| 0.12% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $337,384.74 | 400,000 | B8HTMS7 |
| 0.11% | -- | COCA-COLA CO/THE | 2.60% | 06/01/2050 | -- | $311,423.90 | 500,000 | BKSJPS1 |
| 0.11% | -- | JPMORGAN CHASE & CO | 5.63% | 08/16/2043 | -- | $301,666.53 | 300,000 | BD035K4 |
| 0.11% | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $295,335.19 | 350,000 | BLR6S70 |
| 0.10% | -- | ROYAL BANK OF CANADA | 3.88% | 05/04/2032 | -- | $282,323.37 | 300,000 | BP4CQX1 |
| 0.10% | -- | SHELL FINANCE US INC | 4.13% | 05/11/2035 | -- | $282,195.20 | 300,000 | BR4TV20 |
| 0.10% | -- | WELLS FARGO & COMPANY | 5.38% | 11/02/2043 | -- | $282,153.15 | 300,000 | BFVGYC1 |
| 0.08% | -- | BANK OF AMERICA CORP | 6.11% | 01/29/2037 | -- | $230,017.31 | 221,000 | B1P61P1 |
| 0.07% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $201,496.00 | 234,000 | BK6WV73 |
| 0.06% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $179,140.66 | 242,000 | BMX5050 |
| 0.06% | -- | SUMITOMO MITSUI FINL GRP | 2.22% | 09/17/2031 | -- | $170,250.01 | 199,000 | BMHLCZ8 |
| 0.02% | -- | PHILIP MORRIS INTL INC | 4.25% | 11/10/2044 | -- | $51,412.59 | 61,000 | BSHZYC3 |
| -- | -- | TIME WARNER CABLE LLC | 7.30% | 07/01/2038 | -- | $2,107.72 | 2,000 | B3B14R7 |
| -- | -- | METLIFE INC | 4.05% | 03/01/2045 | -- | $1,634.05 | 2,000 | BW9JZD9 |
| -- | -- | UNITEDHEALTH GROUP INC | 4.75% | 07/15/2045 | -- | $899.30 | 1,000 | BYTRVP1 |
| -1.39% | -- | US ULTRA BOND CBT BOND 18/JUN/2025 WNM5 COMDTY | -- | -- | -3,850,781 | -- | -31 | -- |
| -22.47% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2025 TYM5 COMDTY | -- | -- | -62,150,375 | -- | -556 | -- |
| -69.03% | -- | US LONG BOND(CBT) BOND 18/JUN/2025 USM5 COMDTY | -- | -- | -190,935,938 | -- | -1,610 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $12,557,147.12 | 12,557,147 | -- |
Index
as of 12/31/2024
- Total Number of Issues199
- Long Portfolio Duration9.70
- Net Effective Duration0.02
- Long Portfolio Yield5.66
- Net Index Yield5.26
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