HYHG
High Yield—Interest Rate Hedged
Morningstar Rating
Overall Morningstar Rating out of 272 Nontraditional Bond funds based on risk-adjusted returns as of 9/30/24.
Why HYHG?
-
Provides the return potential of a diversified portfolio of high-yield 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 HYHG?
-
Provides the return potential of a diversified portfolio of high-yield 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 11/30/2024
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 1.27% | 3.75% | 5.49% | 10.67% | 13.23% | 8.53% | 6.20% | 4.60% | 3.99% | 05/21/2013 |
| HYHG NAV | 1.07% | 3.53% | 5.46% | 10.28% | 12.61% | 8.45% | 6.17% | 4.47% | 3.95% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.07% | 3.60% | 5.87% | 10.78% | 13.30% | 8.87% | 6.53% | 5.12% | 4.68% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 1.02% | 2.79% | 4.91% | 7.76% | 12.70% | 7.08% | 5.88% | 4.09% | 3.81% | 05/21/2013 |
| HYHG NAV | 1.06% | 2.79% | 4.63% | 7.65% | 12.62% | 7.05% | 5.89% | 4.06% | 3.79% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.08% | 2.76% | 4.70% | 8.09% | 13.12% | 7.51% | 6.26% | 4.76% | 4.52% | -- |
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 HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 11/30/2024- Number of Companies 221
- Net Effective Duration -0.19%
Price
as of 12/27/2024- NAV $65.23
- NAV Change $+0.06
- Market Price $65.40
- Trading Volume (M) 4,652
- 30-Day Median Bid Ask Spread 0.34%
- View Premium / Discount
Distributions
as of 11/30/2024- SEC 30-Day Yield 6.82%
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.
- Annualized Distribution Rate 6.81%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Yield 6.81%
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 11/30/2024- Number of Companies 221
- Net Effective Duration -0.19%
Price
as of 12/27/2024- NAV $65.23
- NAV Change $+0.06
- Market Price $65.40
- Trading Volume (M) 4,652
- 30-Day Median Bid Ask Spread 0.34%
- View Premium / Discount
Distributions
as of 11/30/2024- SEC 30-Day Yield 6.82%
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.
- Annualized Distribution Rate 6.81%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Yield 6.81%
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 12/27/2024
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.44% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $2,304,212.89 | 2,173,000 | BQB9NW0 |
| 1.42% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,267,250.69 | 2,311,000 | BN2QTP4 |
| 1.39% | -- | TRANSDIGM INC | 5.50% | 11/15/2027 | -- | $2,228,281.45 | 2,265,000 | BM9QGV5 |
| 1.28% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 02/01/2031 | -- | $2,047,434.59 | 2,348,000 | BN2R7D1 |
| 1.24% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2027 | -- | $1,982,459.21 | 1,953,000 | BSMMD99 |
| 1.21% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,929,395.31 | 2,006,000 | BMWDGR9 |
| 1.08% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,734,281.27 | 1,707,000 | BQ67HZ0 |
| 1.07% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,717,918.18 | 1,735,000 | BM8H783 |
| 1.03% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $1,643,620.98 | 1,614,000 | BPX27Q2 |
| 1.02% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $1,626,196.46 | 1,619,000 | BRZWYJ6 |
| 0.97% | -- | UNITI GROUP/CSL CAPITAL | 10.50% | 02/15/2028 | -- | $1,550,428.01 | 1,453,000 | BR1H7L8 |
| 0.93% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $1,484,802.93 | 1,526,000 | BN765Z1 |
| 0.90% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,436,945.11 | 1,300,000 | BQ80PR5 |
| 0.87% | -- | CHS/COMMUNITY HEALTH SYS | 5.63% | 03/15/2027 | -- | $1,391,339.91 | 1,449,000 | BNNTB78 |
| 0.84% | -- | 1011778 BC / NEW RED FIN | 4.00% | 10/15/2030 | -- | $1,343,976.61 | 1,504,000 | BMT6QQ0 |
| 0.82% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,303,602.43 | 1,330,000 | BS89C64 |
| 0.81% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $1,301,141.07 | 1,246,000 | BL6CM66 |
| 0.81% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,299,341.57 | 1,283,000 | BS2FMQ8 |
| 0.80% | -- | DAVITA INC | 4.63% | 06/01/2030 | -- | $1,272,695.26 | 1,384,000 | BMW7NB4 |
| 0.79% | -- | CARNIVAL CORP | 5.75% | 03/01/2027 | -- | $1,262,300.05 | 1,265,000 | BMHYR18 |
| 0.78% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,247,151.05 | 1,232,000 | BS2FZM5 |
| 0.77% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,225,613.69 | 1,210,000 | BS561W7 |
| 0.74% | -- | SIRIUS XM RADIO INC | 4.00% | 07/15/2028 | -- | $1,190,211.22 | 1,286,000 | BMBJVY0 |
| 0.73% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,168,011.03 | 1,169,000 | BPLP3M1 |
| 0.72% | -- | INTELSAT JACKSON HLDG | 6.50% | 03/15/2030 | -- | $1,148,231.74 | 1,248,000 | BNTY069 |
| 0.70% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $1,126,964.86 | 1,133,000 | BPVDS42 |
| 0.70% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,114,930.66 | 1,201,000 | BQKN5B6 |
| 0.69% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $1,110,713.99 | 1,107,000 | BNDQTF3 |
| 0.68% | -- | UNITED AIRLINES INC | 4.63% | 04/15/2029 | -- | $1,093,954.47 | 1,150,000 | BMG8788 |
| 0.68% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,093,162.96 | 1,156,000 | BMVXSB8 |
| 0.67% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $1,076,441.98 | 1,085,000 | BPW9BQ2 |
| 0.65% | -- | CARNIVAL HLDGS BM LTD | 10.38% | 05/01/2028 | -- | $1,044,470.42 | 980,000 | BM99Y87 |
| 0.65% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $1,036,184.84 | 1,155,000 | BMV1L02 |
| 0.64% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $1,022,577.95 | 1,040,000 | BP812N6 |
| 0.63% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,013,910.70 | 972,000 | BRK4301 |
| 0.61% | -- | ALTICE FRANCE SA | 5.50% | 10/15/2029 | -- | $980,728.16 | 1,311,000 | BMXJSV4 |
| 0.60% | -- | CALPINE CORP | 4.50% | 02/15/2028 | -- | $960,817.60 | 1,002,000 | BJVS9S6 |
| 0.59% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $950,256.92 | 965,000 | BRBCV11 |
| 0.59% | -- | ALBERTSONS COS/SAFEWAY | 3.50% | 03/15/2029 | -- | $949,334.92 | 1,039,000 | BKPMPR2 |
| 0.59% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $944,341.58 | 994,000 | BN7SNC0 |
| 0.58% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $929,220.51 | 998,000 | BQ1PCD2 |
| 0.58% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $919,373.02 | 868,000 | BRXCZB7 |
| 0.57% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $919,179.37 | 920,000 | BNM6H94 |
| 0.57% | -- | ROCKETMTGE CO-ISSUER INC | 3.88% | 03/01/2031 | -- | $917,124.06 | 1,053,000 | BN7RYH9 |
| 0.55% | -- | NCL CORPORATION LTD | 5.88% | 03/15/2026 | -- | $880,030.93 | 881,000 | BMB5SR0 |
| 0.54% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $860,307.47 | 801,000 | BR54DP1 |
| 0.53% | -- | ROYAL CARIBBEAN CRUISES | 6.00% | 02/01/2033 | -- | $849,663.29 | 853,000 | BP09164 |
| 0.53% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $844,248.86 | 923,000 | BRQPKY1 |
| 0.53% | -- | FRONTIER COMMUNICATIONS | 5.00% | 05/01/2028 | -- | $844,021.20 | 860,000 | BMF4PS3 |
| 0.52% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $834,752.18 | 770,000 | BRCDDH3 |
| 0.52% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $829,538.76 | 850,000 | BPP2DX9 |
| 0.51% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $819,540.87 | 848,000 | BNNPV76 |
| 0.51% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $811,038.38 | 799,000 | BRJQLF9 |
| 0.51% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $809,679.03 | 817,000 | BS9C5X0 |
| 0.51% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $808,116.91 | 930,000 | BKPJT48 |
| 0.50% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $795,814.32 | 782,000 | BM8K1F7 |
| 0.50% | -- | FIRST QUANTUM MINERALS L | 6.88% | 10/15/2027 | -- | $793,531.38 | 797,000 | BMZRC58 |
| 0.49% | -- | IRON MOUNTAIN INC | 4.50% | 02/15/2031 | -- | $786,963.05 | 863,000 | BMG1HP4 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $783,594.73 | 826,000 | BJNPGH3 |
| 0.49% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $778,087.47 | 897,000 | BNHS096 |
| 0.49% | -- | SBA COMMUNICATIONS CORP | 3.88% | 02/15/2027 | -- | $777,250.54 | 810,000 | BNBTL14 |
| 0.48% | -- | PG&E CORP | 5.25% | 07/01/2030 | -- | $761,718.88 | 782,000 | BLCC408 |
| 0.47% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $756,707.86 | 751,000 | BPG27W5 |
| 0.47% | -- | BAUSCH HEALTH COS INC | 4.88% | 06/01/2028 | -- | $755,180.33 | 931,000 | BLB14D9 |
| 0.47% | -- | LEVEL 3 FINANCING INC | 11.00% | 11/15/2029 | -- | $747,627.58 | 665,000 | BS2FMP7 |
| 0.47% | -- | OLYMPUS WTR US HLDG CORP | 9.75% | 11/15/2028 | -- | $744,529.27 | 702,000 | BRBH8M6 |
| 0.46% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $742,528.79 | 750,000 | BT9NKJ1 |
| 0.46% | -- | JANE STREET GRP/JSG FIN | 7.13% | 04/30/2031 | -- | $728,996.03 | 709,000 | BLDCK76 |
| 0.45% | -- | NRG ENERGY INC | 3.63% | 02/15/2031 | -- | $724,583.48 | 828,000 | BNM51T9 |
| 0.45% | -- | UNITED AIRLINES INC | 4.38% | 04/15/2026 | -- | $721,303.05 | 734,000 | BMG8799 |
| 0.44% | -- | ALTICE FRANCE SA | 5.13% | 07/15/2029 | -- | $710,268.91 | 961,000 | BM9V193 |
| 0.44% | -- | TK ELEVATOR US NEWCO INC | 5.25% | 07/15/2027 | -- | $705,439.23 | 721,000 | BMC7DR0 |
| 0.44% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $700,631.16 | 732,000 | BMDB423 |
| 0.44% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $700,150.00 | 737,000 | BNBTNV8 |
| 0.44% | -- | TEGNA INC | 5.00% | 09/15/2029 | -- | $696,979.52 | 750,000 | BMXC0P1 |
| 0.43% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $691,909.48 | 665,000 | BRT75V6 |
| 0.43% | -- | HILTON DOMESTIC OPERATIN | 4.00% | 05/01/2031 | -- | $691,771.06 | 769,000 | BNDLGZ7 |
| 0.43% | -- | PRIME SECSRVC BRW/FINANC | 3.38% | 08/31/2027 | -- | $681,483.63 | 729,000 | BMFBJS2 |
| 0.42% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $668,186.30 | 646,000 | BLC8Z03 |
| 0.41% | -- | WEATHERFORD INTERNATIONA | 8.63% | 04/30/2030 | -- | $663,130.15 | 642,000 | BNRPC80 |
| 0.41% | -- | UNICREDIT SPA | 5.46% | 06/30/2035 | -- | $660,469.72 | 686,000 | BM9QJS3 |
| 0.41% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $658,590.77 | 628,000 | BLDCTF7 |
| 0.41% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $651,394.92 | 624,000 | BS7XRZ1 |
| 0.41% | -- | NOVELIS CORP | 4.75% | 01/30/2030 | -- | $650,187.54 | 704,000 | BKLPSC1 |
| 0.40% | -- | MEDLINE BORROWER LP | 3.88% | 04/01/2029 | -- | $645,308.49 | 696,000 | BMW4P42 |
| 0.39% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $630,389.63 | 679,000 | BNHT925 |
| 0.39% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $628,848.97 | 612,000 | BT3NFD6 |
| 0.39% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $627,007.20 | 632,000 | BSVLRC8 |
| 0.39% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $619,605.67 | 600,000 | BP2F579 |
| 0.39% | -- | AVANTOR FUNDING INC | 4.63% | 07/15/2028 | -- | $617,035.17 | 646,000 | BMVVY70 |
| 0.39% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $615,765.57 | 610,000 | BQB88K0 |
| 0.38% | -- | DT MIDSTREAM INC | 4.38% | 06/15/2031 | -- | $610,490.65 | 669,000 | BLN9LB8 |
| 0.38% | -- | SPIRIT AEROSYSTEMS INC | 9.75% | 11/15/2030 | -- | $608,636.11 | 550,000 | BR1YST4 |
| 0.38% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $608,578.33 | 622,000 | BTCK903 |
| 0.38% | -- | NEW FORTRESS ENERGY INC | 6.50% | 09/30/2026 | -- | $604,419.04 | 628,000 | BP0X973 |
| 0.37% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $599,459.27 | 665,000 | BPVBYZ9 |
| 0.37% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $599,122.89 | 606,000 | BP091F3 |
| 0.37% | -- | ROYAL CARIBBEAN CRUISES | 5.63% | 09/30/2031 | -- | $598,429.91 | 607,000 | BMZLFH3 |
| 0.37% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $596,957.43 | 611,000 | BM8K6S5 |
| 0.37% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $593,694.18 | 586,000 | BMC94W8 |
| 0.37% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $587,504.80 | 572,000 | BNKBFF3 |
| 0.37% | -- | WESCO DISTRIBUTION INC | 7.25% | 06/15/2028 | -- | $586,894.97 | 577,000 | BMYMZT9 |
| 0.37% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $586,778.52 | 554,000 | BPG22V9 |
| 0.37% | -- | PETSMART INC/PETSMART FI | 4.75% | 02/15/2028 | -- | $585,237.19 | 622,000 | BMW5D63 |
| 0.37% | -- | STANDARD INDUSTRIES INC | 4.38% | 07/15/2030 | -- | $584,810.56 | 642,000 | BMYXXP4 |
| 0.36% | -- | COMMSCOPE LLC | 4.75% | 09/01/2029 | -- | $582,915.69 | 654,000 | BLDBLL4 |
| 0.36% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $580,072.91 | 569,000 | BMCGQM3 |
| 0.36% | -- | CSC HOLDINGS LLC | 4.63% | 12/01/2030 | -- | $578,850.02 | 1,100,000 | BM9M1M9 |
| 0.36% | -- | TALEN ENERGY SUPPLY LLC | 8.63% | 06/01/2030 | -- | $578,310.28 | 542,000 | BQFHT88 |
| 0.36% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $576,823.17 | 551,000 | BNQQSS6 |
| 0.36% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $574,073.65 | 563,000 | BS3BCF4 |
| 0.35% | -- | UNITED RENTALS NORTH AM | 3.88% | 02/15/2031 | -- | $566,905.55 | 635,000 | BLFGYK7 |
| 0.35% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $565,983.91 | 617,000 | BLDBLN6 |
| 0.35% | -- | LIVE NATION ENTERTAINMEN | 6.50% | 05/15/2027 | -- | $563,399.93 | 557,000 | BMFKW46 |
| 0.35% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $562,804.52 | 589,000 | BM8H4Y8 |
| 0.35% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $560,700.90 | 635,000 | BMD9BZ9 |
| 0.35% | -- | ALLISON TRANSMISSION INC | 3.75% | 01/30/2031 | -- | $558,199.72 | 634,000 | BMX50K5 |
| 0.35% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $555,300.24 | 600,000 | BMH29D8 |
| 0.35% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $553,755.28 | 536,000 | BRC2671 |
| 0.34% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $544,654.06 | 526,000 | BMVXP62 |
| 0.34% | -- | ZAYO GROUP HOLDINGS INC | 6.13% | 03/01/2028 | -- | $543,895.00 | 638,000 | BLBQF75 |
| 0.34% | -- | ICAHN ENTERPRISES/FIN | 5.25% | 05/15/2027 | -- | $542,169.36 | 569,000 | BLGSGV7 |
| 0.34% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $540,167.28 | 526,000 | BRBCTZ1 |
| 0.33% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $532,979.90 | 529,000 | BR2NN28 |
| 0.33% | -- | ZAYO GROUP HOLDINGS INC | 4.00% | 03/01/2027 | -- | $531,707.11 | 578,000 | BLBQFB9 |
| 0.33% | -- | TULLOW OIL PLC | 10.25% | 05/15/2026 | -- | $529,687.50 | 625,000 | BKPGFV8 |
| 0.33% | -- | BLOCK INC | 3.50% | 06/01/2031 | -- | $526,289.05 | 597,000 | BLD7383 |
| 0.33% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $525,838.31 | 586,000 | BMT7QC9 |
| 0.33% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $525,430.07 | 598,000 | BM94BT2 |
| 0.33% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $525,250.00 | 550,000 | BPGM651 |
| 0.33% | -- | GRAY TELEVISION INC | 10.50% | 07/15/2029 | -- | $520,794.41 | 521,000 | BS88506 |
| 0.32% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $519,356.43 | 500,000 | BRT7527 |
| 0.32% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $517,649.61 | 550,000 | BN0ZRZ9 |
| 0.32% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $515,884.80 | 485,000 | BP6GPK1 |
| 0.32% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $515,275.64 | 529,000 | BMW2W01 |
| 0.32% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $512,338.71 | 507,000 | BQ3QRD8 |
| 0.32% | -- | NATIONSTAR MTG HLD INC | 7.13% | 02/01/2032 | -- | $508,093.50 | 500,000 | BS7Y6M4 |
| 0.32% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $505,009.36 | 538,000 | BT7JWZ1 |
| 0.31% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $503,198.55 | 450,000 | BR1YSV6 |
| 0.31% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $502,646.21 | 489,000 | BT3CPW2 |
| 0.31% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $494,391.19 | 574,000 | BP7LR98 |
| 0.31% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $489,843.45 | 495,000 | BN6MM59 |
| 0.30% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $485,613.27 | 481,000 | BPK4CP5 |
| 0.30% | -- | PETSMART INC/PETSMART FI | 7.75% | 02/15/2029 | -- | $484,674.35 | 503,000 | BMTN6F0 |
| 0.30% | -- | MOHEGAN TRIBAL GAMING AU | 8.00% | 02/01/2026 | -- | $483,689.16 | 486,000 | BMYW168 |
| 0.30% | -- | CRESCENT ENERGY FINANCE | 9.25% | 02/15/2028 | -- | $483,223.43 | 461,000 | BPQYX34 |
| 0.30% | -- | H&E EQUIPMENT SERVICES | 3.88% | 12/15/2028 | -- | $482,778.66 | 528,000 | BLSN159 |
| 0.30% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $478,798.64 | 485,000 | BP092B6 |
| 0.30% | -- | VMED O2 UK FINAN | 4.25% | 01/31/2031 | -- | $478,656.62 | 561,000 | BKVH9C4 |
| 0.30% | -- | CRESCENT ENERGY FINANCE | 7.38% | 01/15/2033 | -- | $475,835.83 | 489,000 | BR4ZG56 |
| 0.29% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $470,513.57 | 456,000 | BNRPV83 |
| 0.29% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $470,379.80 | 453,000 | BMCMQL0 |
| 0.29% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $466,876.25 | 509,000 | BLC9L19 |
| 0.29% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $466,394.80 | 471,000 | BMF9C65 |
| 0.29% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $462,373.20 | 450,000 | BR53N25 |
| 0.29% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $462,218.35 | 421,000 | BR1H4Z1 |
| 0.29% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $456,661.80 | 450,000 | BP5JP78 |
| 0.28% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $455,078.02 | 446,000 | BMZBL86 |
| 0.28% | -- | FORTRESS TRANS & INFRAST | 5.50% | 05/01/2028 | -- | $453,510.27 | 465,000 | BMD14K1 |
| 0.28% | -- | PACTIV EVERGREEN GROUP | 4.00% | 10/15/2027 | -- | $451,351.81 | 455,000 | BJLTTQ7 |
| 0.28% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $450,761.32 | 442,000 | BRK14M1 |
| 0.28% | -- | UNITI GROUP/CSL CAPITAL | 6.50% | 02/15/2029 | -- | $442,474.65 | 490,000 | BMDHSY1 |
| 0.28% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $441,490.56 | 426,000 | BMZMHS1 |
| 0.28% | -- | UNIVISION COMMUNICATIONS | 6.63% | 06/01/2027 | -- | $441,139.93 | 443,000 | BMG68Y5 |
| 0.28% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $440,038.25 | 471,000 | BNM5Z19 |
| 0.28% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $439,720.63 | 468,000 | BMV1LQ8 |
| 0.27% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $436,965.90 | 420,000 | BMGC188 |
| 0.27% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $435,227.08 | 411,000 | BPBRSM2 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $435,226.05 | 419,000 | BPLL6H5 |
| 0.27% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $433,259.15 | 451,000 | BSKP420 |
| 0.27% | -- | ROCKETMTGE CO-ISSUER INC | 2.88% | 10/15/2026 | -- | $433,063.44 | 457,000 | BP815Z9 |
| 0.27% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $432,718.14 | 467,000 | BPLFC68 |
| 0.27% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $429,485.89 | 419,000 | BQXJKM7 |
| 0.27% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $426,764.35 | 442,000 | BMXHJH1 |
| 0.27% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $425,997.37 | 419,000 | BM8SW92 |
| 0.26% | -- | SENSATA TECHNOLOGIES BV | 4.00% | 04/15/2029 | -- | $423,114.02 | 461,000 | BNKFMN2 |
| 0.26% | -- | NEXSTAR MEDIA INC | 4.75% | 11/01/2028 | -- | $422,784.00 | 455,000 | BMFNGQ5 |
| 0.26% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $421,026.66 | 431,000 | BRPT5J4 |
| 0.26% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $418,191.25 | 443,000 | BMHBB51 |
| 0.26% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $417,600.03 | 687,000 | BN6JYJ8 |
| 0.26% | -- | GRAY TELEVISION INC | 5.38% | 11/15/2031 | -- | $415,824.91 | 763,000 | BM93J39 |
| 0.26% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $411,494.60 | 432,000 | BMY8TS4 |
| 0.25% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $406,295.12 | 398,000 | BP092P0 |
| 0.25% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $398,793.00 | 485,000 | BMH8323 |
| 0.25% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $396,899.58 | 384,000 | BNRPLW7 |
| 0.25% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $396,315.01 | 452,000 | BP4Z8H8 |
| 0.25% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $394,564.94 | 422,000 | BP83D39 |
| 0.24% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $388,823.28 | 432,000 | BNQPRV9 |
| 0.24% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $387,958.48 | 410,000 | BM9PWX6 |
| 0.24% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $386,836.60 | 434,000 | BN6KWY2 |
| 0.24% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $385,352.07 | 394,000 | BMBV4H0 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $382,985.01 | 382,000 | BRBDSH9 |
| 0.24% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $380,689.14 | 386,000 | BN95KZ1 |
| 0.24% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $379,262.02 | 382,000 | BRBVMG0 |
| 0.24% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $376,056.21 | 383,000 | BL54J73 |
| 0.23% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $363,743.39 | 358,000 | BMCGQ56 |
| 0.23% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $363,558.65 | 424,000 | BNKLFF3 |
| 0.23% | -- | MPT OPER PARTNERSP/FINL | 3.50% | 03/15/2031 | -- | $361,028.99 | 572,000 | BMF4PW7 |
| 0.21% | -- | NEWS CORP | 3.88% | 05/15/2029 | -- | $336,221.42 | 363,000 | BMV9PS2 |
| 0.20% | -- | BALL CORP | 2.88% | 08/15/2030 | -- | $325,482.59 | 380,000 | BMG3813 |
| 0.20% | -- | ROBLOX CORP | 3.88% | 05/01/2030 | -- | $323,607.53 | 360,000 | BNHW2C5 |
| 0.20% | -- | STANDARD INDUSTRIES INC | 3.38% | 01/15/2031 | -- | $320,308.19 | 374,000 | BMFNDV9 |
| 0.20% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $315,591.91 | 301,000 | BMJ0L90 |
| 0.20% | -- | ARDAGH PKG FIN/HLDGS USA | 5.25% | 08/15/2027 | -- | $315,221.44 | 556,000 | BMW7N92 |
| 0.20% | -- | SMYRNA READY MIX CONCRET | 6.00% | 11/01/2028 | -- | $314,150.70 | 322,000 | BMDXC58 |
| 0.19% | -- | PRIME SECSRVC BRW/FINANC | 6.25% | 01/15/2028 | -- | $311,092.66 | 313,000 | BKVKXB0 |
| 0.18% | -- | DAVITA INC | 3.75% | 02/15/2031 | -- | $293,597.28 | 340,000 | BMFBJQ0 |
| 0.18% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $281,514.18 | 429,000 | BP9LWV3 |
| 0.17% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $278,582.97 | 296,000 | BNTBJ41 |
| 0.17% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $276,695.94 | 277,000 | BP4YGK4 |
| 0.16% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $251,863.57 | 256,000 | BQB7JV5 |
| 0.16% | -- | RADIATE HOLDCO / FINANCE | 6.50% | 09/15/2028 | -- | $251,443.62 | 384,000 | BM9TR00 |
| 0.16% | -- | CALPINE CORP | 5.13% | 03/15/2028 | -- | $250,466.53 | 259,000 | BKZMMC6 |
| 0.15% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $244,479.46 | 238,000 | BQKRVC1 |
| 0.15% | -- | SIRIUS XM RADIO INC | 3.88% | 09/01/2031 | -- | $238,982.59 | 285,000 | BM9SD09 |
| 0.13% | -- | IRON MOUNTAIN INC | 5.25% | 07/15/2030 | -- | $200,753.05 | 211,000 | BL57W73 |
| 0.09% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $146,932.85 | 171,000 | BMBVFS8 |
| 0.08% | -- | YUM! BRANDS INC | 3.63% | 03/15/2031 | -- | $130,982.58 | 148,000 | BN7S9F5 |
| 0.06% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $103,039.03 | 112,000 | BNW2059 |
| 0.05% | -- | CLEAR CHANNEL OUTDOOR HO | 7.75% | 04/15/2028 | -- | $82,489.08 | 92,000 | BM9NG16 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -12.07% | -- | US 10YR NOTE (CBT) BOND 20/MAR/2025 TYH5 COMDTY | -- | -- | -19,301,875 | -- | -178 | -- |
| -30.83% | -- | US 2YR NOTE (CBT) BOND 31/MAR/2025 TUH5 COMDTY | -- | -- | -49,286,250 | -- | -240 | -- |
| -54.72% | -- | US 5YR NOTE (CBT) BOND 31/MAR/2025 FVH5 COMDTY | -- | -- | -87,482,227 | -- | -825 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $9,104,359.80 | 9,104,360 | -- |
Index
as of 9/30/2024
- Total Number of Issues229
- Long Portfolio Duration3.36
- Net Effective Duration0.00
- Long Portfolio Yield7.27
- Net Index Yield8.43
About the Index
The FTSE High Yield Treasury Rate Hedged Index is designed to measure the performance of high yield debt of U.S. and Canadian companies. The Index measures the performance of two positions: (1) a long position in high-yield corporate bonds; and (2) a duration matched short position in U.S. Treasury bonds.
Distributions
For
2024
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Rising Rates Insights and Research
Explore the Secrets of Equities in Rising Rates
Sector and company selection are both critical when rates rise—here’s how to target the potential outperformers.
Read More