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 1/31/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | 0.40% | 2.77% | 5.49% | 0.40% | 8.50% | 7.17% | 4.52% | 4.08% | 3.57% | 11/05/2013 |
| IGHG NAV | 0.52% | 2.26% | 5.35% | 0.52% | 8.04% | 7.10% | 4.47% | 4.03% | 3.56% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 0.54% | 2.18% | 5.31% | 0.54% | 8.13% | 7.67% | 4.81% | 4.28% | 3.90% | -- |
| 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 12/31/2024- Number of Companies 199
- Net Effective Duration 0.14%
Price
as of 3/06/2025- NAV $77.23
- NAV Change $+0.02
- Market Price $77.14
- Market Price Change $-0.21
- Trading Volume (M) 12,135
- View Premium / Discount
Distributions
as of 12/31/2024- SEC 30-Day Yield 5.02%
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 4.98%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Yield 4.98%
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- 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 12/31/2024- Number of Companies 199
- Net Effective Duration 0.14%
Price
as of 3/06/2025- NAV $77.23
- NAV Change $+0.02
- Market Price $77.14
- Market Price Change $-0.21
- Trading Volume (M) 12,135
- View Premium / Discount
Distributions
as of 12/31/2024- SEC 30-Day Yield 5.02%
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 4.98%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Yield 4.98%
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 3/06/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.45% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $4,109,209.67 | 3,801,000 | B2QR213 |
| 1.44% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $4,088,403.04 | 3,867,000 | B6T0187 |
| 1.44% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $4,077,310.74 | 4,008,000 | B43XY12 |
| 1.29% | -- | SPRINT CAPITAL CORP | 8.75% | 03/15/2032 | -- | $3,672,007.26 | 3,057,000 | 2964029 |
| 1.28% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $3,634,963.37 | 4,657,000 | BVVCSF2 |
| 1.24% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $3,522,766.69 | 4,146,000 | BYM4WR8 |
| 1.24% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $3,516,486.37 | 4,132,000 | B8C0348 |
| 1.22% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $3,469,574.24 | 3,232,000 | B4YDXD6 |
| 1.22% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $3,464,885.45 | 3,247,000 | B43DYH8 |
| 1.07% | -- | SUMITOMO MITSUI FINL GRP | 5.77% | 01/13/2033 | -- | $3,046,161.37 | 2,921,000 | BMTX144 |
| 1.05% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $2,976,207.17 | 2,688,000 | B2RDM21 |
| 1.04% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $2,943,346.78 | 3,065,000 | BF22PM5 |
| 1.02% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $2,894,420.48 | 3,283,000 | B86VSX1 |
| 0.98% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $2,777,984.21 | 2,336,000 | B65HZL3 |
| 0.97% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $2,751,835.53 | 2,584,000 | B24FY35 |
| 0.96% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $2,736,581.67 | 2,852,000 | BG3KW02 |
| 0.96% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $2,728,550.70 | 2,460,000 | B39F3N0 |
| 0.95% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $2,699,789.66 | 2,353,000 | B2PHBR3 |
| 0.95% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,694,319.92 | 2,520,000 | B1L80H6 |
| 0.95% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $2,683,452.96 | 3,272,000 | BFY97C8 |
| 0.93% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $2,643,229.03 | 2,897,000 | BZ3FFJ0 |
| 0.92% | -- | BANCO SANTANDER SA | 6.92% | 08/08/2033 | -- | $2,625,271.99 | 2,458,000 | BRF3T49 |
| 0.91% | -- | SHELL FINANCE US INC | 4.38% | 05/11/2045 | -- | $2,588,372.83 | 3,021,000 | BR4TTW6 |
| 0.90% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $2,564,515.52 | 2,286,000 | B3LVPV8 |
| 0.89% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $2,539,470.74 | 2,322,000 | B2RK1T2 |
| 0.86% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $2,437,163.20 | 2,298,000 | B1SBFX9 |
| 0.83% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $2,370,093.71 | 2,668,000 | BCZM189 |
| 0.83% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $2,359,502.53 | 2,108,000 | B170DG6 |
| 0.81% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $2,299,875.74 | 1,934,000 | B2RFJL5 |
| 0.79% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $2,240,450.82 | 2,395,000 | BY58YT3 |
| 0.79% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $2,234,899.01 | 2,037,000 | BCRXKM7 |
| 0.78% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $2,209,052.14 | 2,122,000 | B287YY8 |
| 0.77% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $2,190,839.22 | 1,975,000 | B3KFDY0 |
| 0.77% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $2,190,607.10 | 2,011,000 | B283338 |
| 0.76% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $2,164,308.31 | 2,282,000 | BF6DYK5 |
| 0.76% | -- | MERCEDES-BENZ FIN NA | 8.50% | 01/18/2031 | -- | $2,154,997.33 | 1,827,000 | B065ZJ2 |
| 0.76% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $2,153,721.39 | 2,513,000 | BM9K8M2 |
| 0.74% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $2,111,784.62 | 2,107,000 | B62X8Y8 |
| 0.72% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $2,056,166.21 | 1,965,000 | B62V507 |
| 0.72% | -- | TIME WARNER CABLE ENTRMN | 8.38% | 07/15/2033 | -- | $2,046,684.16 | 1,785,000 | 2727266 |
| 0.71% | -- | SUMITOMO MITSUI FINL GRP | 5.56% | 07/09/2034 | -- | $2,021,394.19 | 1,971,000 | BT5FJ27 |
| 0.71% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $2,016,246.41 | 2,116,000 | BYT35M4 |
| 0.71% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $2,005,510.58 | 1,771,000 | BKPTBZ3 |
| 0.70% | -- | OCCIDENTAL PETROLEUM COR | 6.45% | 09/15/2036 | -- | $1,992,255.65 | 1,921,000 | BK8VN61 |
| 0.70% | -- | TELEFONICA EUROPE BV | 8.25% | 09/15/2030 | -- | $1,983,528.03 | 1,724,000 | 4474021 |
| 0.69% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $1,964,589.79 | 2,171,000 | BF04KW8 |
| 0.69% | -- | BANCO SANTANDER SA | 5.44% | 07/15/2031 | -- | $1,945,028.16 | 1,900,000 | BS6VKD5 |
| 0.68% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $1,937,441.78 | 1,951,000 | BP8Y7Q3 |
| 0.68% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $1,928,926.60 | 1,816,000 | B1VQ7M4 |
| 0.68% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $1,917,890.00 | 2,077,000 | BGDXK74 |
| 0.65% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $1,858,679.84 | 1,627,000 | 2836399 |
| 0.65% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $1,839,149.47 | 2,076,000 | BYQ29R7 |
| 0.64% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $1,825,947.11 | 2,146,000 | BVJXZY5 |
| 0.64% | -- | SHELL INTERNATIONAL FIN | 5.50% | 03/25/2040 | -- | $1,816,316.66 | 1,775,000 | B4XNLW2 |
| 0.63% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $1,792,897.78 | 1,617,000 | B4T4431 |
| 0.62% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,762,610.38 | 1,602,000 | B1Z54W6 |
| 0.62% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,755,985.53 | 1,604,000 | B39XY20 |
| 0.62% | -- | FORD MOTOR COMPANY | 7.45% | 07/16/2031 | -- | $1,750,833.48 | 1,632,000 | 5733992 |
| 0.61% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $1,726,592.51 | 1,642,000 | B1G7Y98 |
| 0.60% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $1,712,684.48 | 1,586,000 | 7392227 |
| 0.60% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $1,709,236.65 | 1,859,000 | BYRLRK2 |
| 0.60% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $1,707,635.38 | 1,970,000 | BDGLCL2 |
| 0.60% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $1,690,627.32 | 1,731,000 | BJTGHH7 |
| 0.60% | -- | UBS GROUP AG | 4.88% | 05/15/2045 | -- | $1,689,196.18 | 1,869,000 | BPX2D53 |
| 0.59% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,686,706.43 | 1,901,000 | BNG28J5 |
| 0.59% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $1,685,601.06 | 1,533,000 | B2418B9 |
| 0.58% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $1,659,950.36 | 1,830,000 | BYZYSL1 |
| 0.58% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $1,636,506.90 | 1,670,000 | B5TZB18 |
| 0.57% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,629,767.42 | 2,094,000 | BKVJXB7 |
| 0.57% | -- | BANCO SANTANDER SA | 6.94% | 11/07/2033 | -- | $1,620,625.68 | 1,450,000 | BQ6C3K2 |
| 0.57% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $1,610,817.91 | 2,140,000 | BCHWWF1 |
| 0.56% | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $1,593,037.99 | 1,820,000 | BYQNQH9 |
| 0.55% | -- | PROCTER & GAMBLE CO/THE | 1.20% | 10/29/2030 | -- | $1,572,408.03 | 1,869,000 | BN6LYH2 |
| 0.55% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $1,564,617.37 | 1,405,000 | 2859233 |
| 0.55% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $1,559,795.32 | 1,572,000 | B28WMV6 |
| 0.54% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $1,544,702.27 | 1,550,000 | B44YJW0 |
| 0.54% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $1,522,901.66 | 1,495,000 | BGYY0D2 |
| 0.53% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $1,506,798.77 | 1,389,000 | B2NP6Q3 |
| 0.53% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $1,493,002.24 | 1,628,000 | B8Y96M2 |
| 0.52% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $1,486,197.31 | 1,658,000 | BJZ7ZQ9 |
| 0.52% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $1,485,219.06 | 1,569,000 | B92PSY5 |
| 0.52% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $1,481,509.21 | 1,384,000 | B1YLTG4 |
| 0.52% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $1,474,058.81 | 1,498,000 | BWXV3J3 |
| 0.51% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $1,438,343.44 | 1,519,000 | BDCMR69 |
| 0.50% | -- | TORONTO-DOMINION BANK | 4.46% | 06/08/2032 | -- | $1,431,003.51 | 1,485,000 | BQB7JS2 |
| 0.50% | -- | JOHN DEERE CAPITAL CORP | 5.15% | 09/08/2033 | -- | $1,422,903.58 | 1,401,000 | BNSP609 |
| 0.50% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $1,418,802.50 | 1,413,000 | B7RB2F3 |
| 0.50% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,417,961.50 | 1,344,000 | B3RZKK8 |
| 0.50% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $1,410,909.97 | 1,702,000 | B944GF7 |
| 0.49% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $1,378,287.74 | 1,591,000 | BMWC8Z8 |
| 0.49% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $1,376,787.62 | 1,536,000 | BMD7ZZ1 |
| 0.48% | -- | SUMITOMO MITSUI FINL GRP | 6.18% | 07/13/2043 | -- | $1,366,186.43 | 1,257,000 | BRF2J57 |
| 0.47% | -- | ROYAL BANK OF CANADA | 5.15% | 02/01/2034 | -- | $1,321,814.16 | 1,310,000 | BRF20R6 |
| 0.46% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $1,312,011.95 | 1,228,000 | B13VN63 |
| 0.46% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $1,302,200.17 | 1,072,000 | B2Q1497 |
| 0.46% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,294,960.63 | 1,196,000 | B57GT08 |
| 0.44% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $1,251,802.34 | 1,204,000 | B1VJP74 |
| 0.44% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $1,250,599.92 | 1,452,000 | BS9FPF1 |
| 0.42% | -- | BANCO SANTANDER SA | 6.35% | 03/14/2034 | -- | $1,186,974.62 | 1,148,000 | BS9CCW8 |
| 0.42% | -- | HP INC | 6.00% | 09/15/2041 | -- | $1,183,622.83 | 1,166,000 | B5V6LS6 |
| 0.41% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $1,174,310.62 | 1,443,000 | BYYXY44 |
| 0.41% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $1,158,749.95 | 1,010,000 | B242VX5 |
| 0.41% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $1,150,623.85 | 1,332,000 | BP8JVG6 |
| 0.40% | -- | UNITED AIR 2023-1 A PTT | 5.80% | 01/15/2036 | -- | $1,132,692.97 | 1,106,254 | -- |
| 0.40% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $1,122,963.08 | 1,222,000 | BY8L4X3 |
| 0.40% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $1,121,301.80 | 1,414,000 | BFMYF65 |
| 0.39% | -- | JOHN DEERE CAPITAL CORP | 5.10% | 04/11/2034 | -- | $1,110,609.78 | 1,099,000 | BSVHXY0 |
| 0.39% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $1,109,708.85 | 1,134,000 | B57Y827 |
| 0.39% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $1,105,536.02 | 1,294,000 | B9D69N3 |
| 0.38% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/10/2039 | -- | $1,081,941.96 | 981,000 | B5B54D9 |
| 0.38% | -- | TOYOTA MOTOR CREDIT CORP | 5.55% | 11/20/2030 | -- | $1,073,364.48 | 1,030,000 | BP0VPB3 |
| 0.37% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $1,063,293.56 | 965,000 | B29SN65 |
| 0.37% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $1,056,746.42 | 996,000 | B1FTHZ2 |
| 0.37% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $1,045,268.56 | 1,217,000 | B78K6L3 |
| 0.37% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $1,041,999.51 | 1,217,000 | BF2TMG9 |
| 0.37% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $1,038,113.37 | 1,039,000 | BYZKXZ8 |
| 0.36% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $1,016,074.62 | 1,185,000 | BKFH1R9 |
| 0.36% | -- | CITIGROUP INC | 4.65% | 07/30/2045 | -- | $1,016,058.12 | 1,151,000 | BYTHPH1 |
| 0.36% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $1,014,089.27 | 1,183,000 | B5NNJ47 |
| 0.36% | -- | VERIZON COMMUNICATIONS | 4.52% | 09/15/2048 | -- | $1,013,570.49 | 1,180,000 | BYRLSF4 |
| 0.35% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $988,468.60 | 989,000 | B4TV238 |
| 0.35% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $980,020.67 | 1,364,000 | BKSJPT2 |
| 0.34% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $974,706.62 | 1,453,000 | BNTDCD7 |
| 0.34% | -- | SHELL FINANCE US INC | 4.00% | 05/10/2046 | -- | $967,721.09 | 1,202,000 | BR4TV31 |
| 0.34% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $956,464.37 | 1,028,000 | B82MC25 |
| 0.33% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $937,697.59 | 1,098,000 | B6Z7568 |
| 0.33% | -- | CISCO SYSTEMS INC | 5.50% | 01/15/2040 | -- | $927,041.13 | 899,000 | B596Q94 |
| 0.33% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $925,849.49 | 859,000 | 7518926 |
| 0.32% | -- | WESTPAC BANKING CORP | 3.13% | 11/18/2041 | -- | $916,545.67 | 1,257,000 | BLD9486 |
| 0.32% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $915,499.82 | 952,000 | BYP6GR9 |
| 0.32% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $913,141.54 | 963,000 | BYNWXZ6 |
| 0.31% | -- | ELEVANCE HEALTH INC | 4.65% | 01/15/2043 | -- | $891,863.20 | 1,016,000 | B88F2Y0 |
| 0.31% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $870,743.05 | 1,026,000 | B968SP1 |
| 0.30% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $863,013.70 | 1,013,000 | B8HK5Z8 |
| 0.30% | -- | GOLDMAN SACHS GROUP INC | 6.13% | 02/15/2033 | -- | $848,428.21 | 788,000 | 2350640 |
| 0.30% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $842,524.91 | 676,000 | B3Q88R1 |
| 0.30% | -- | ROYAL BANK OF CANADA | 5.00% | 02/01/2033 | -- | $840,303.64 | 842,000 | BQ3Q0J5 |
| 0.29% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $832,495.73 | 864,000 | BYTRVR3 |
| 0.27% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $778,216.37 | 908,000 | BNBYGX6 |
| 0.27% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $776,877.16 | 921,000 | BBD6G92 |
| 0.27% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $770,624.00 | 898,000 | BDSFRX9 |
| 0.26% | -- | NOMURA HOLDINGS INC | 5.78% | 07/03/2034 | -- | $735,693.01 | 716,000 | BT3JZL2 |
| 0.25% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $713,381.26 | 851,000 | BN459D7 |
| 0.24% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $686,885.28 | 744,000 | B8ZRND5 |
| 0.24% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $680,142.07 | 650,000 | B0BXDC0 |
| 0.23% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $661,238.95 | 769,000 | BGLPFR7 |
| 0.23% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $656,502.15 | 699,000 | BDFLJN4 |
| 0.22% | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $637,865.05 | 771,000 | BZ3FFH8 |
| 0.22% | -- | FORD MOTOR COMPANY | 4.75% | 01/15/2043 | -- | $636,223.21 | 815,000 | B8H94Y7 |
| 0.22% | -- | BARCLAYS PLC | 4.95% | 01/10/2047 | -- | $632,570.88 | 696,000 | BD72S38 |
| 0.22% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $631,244.32 | 723,000 | BFY9706 |
| 0.22% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $629,867.69 | 607,000 | B1G5DX9 |
| 0.22% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $620,609.46 | 751,000 | B8J5PR3 |
| 0.22% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $614,673.24 | 689,000 | BXC5WP2 |
| 0.21% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $591,222.48 | 614,000 | BYWZXG7 |
| 0.21% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $585,586.12 | 561,000 | B0J45R4 |
| 0.21% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $583,732.17 | 670,000 | BSKDLG7 |
| 0.20% | -- | JOHN DEERE CAPITAL CORP | 4.40% | 09/08/2031 | -- | $578,648.10 | 588,000 | BTFK557 |
| 0.18% | -- | BANCO SANTANDER SA | 6.03% | 01/17/2035 | -- | $518,560.75 | 500,000 | BSHWBT0 |
| 0.17% | -- | MORGAN STANLEY | 6.38% | 07/24/2042 | -- | $492,394.66 | 450,000 | B7N7040 |
| 0.17% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $487,306.95 | 518,000 | BKJL6Z0 |
| 0.17% | -- | PHILIP MORRIS INTL INC | 4.25% | 11/10/2044 | -- | $471,734.96 | 562,000 | BSHZYC3 |
| 0.15% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $438,835.90 | 471,000 | B819DG8 |
| 0.15% | -- | SUMITOMO MITSUI FINL GRP | 5.84% | 07/09/2044 | -- | $434,577.93 | 424,000 | BT5FJ50 |
| 0.15% | -- | VODAFONE GROUP PLC | 5.25% | 05/30/2048 | -- | $415,408.73 | 446,000 | BYWFVF2 |
| 0.14% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $409,988.62 | 453,000 | BWC4YL2 |
| 0.13% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $381,264.22 | 438,000 | BM9CQB3 |
| 0.13% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $372,139.67 | 354,000 | B3LR141 |
| 0.13% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $363,334.77 | 393,000 | BM6NVC5 |
| 0.12% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $335,634.68 | 400,000 | B8HTMS7 |
| 0.12% | -- | BANK OF AMERICA CORP | 6.11% | 01/29/2037 | -- | $334,484.35 | 321,000 | B1P61P1 |
| 0.11% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $322,927.12 | 358,000 | BKBQ3G3 |
| 0.10% | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $293,172.90 | 350,000 | BLR6S70 |
| 0.10% | -- | TRANSCANADA PIPELINES | 7.63% | 01/15/2039 | -- | $291,216.21 | 250,000 | B3KV7R9 |
| 0.10% | -- | WELLS FARGO & COMPANY | 5.38% | 11/02/2043 | -- | $286,710.28 | 300,000 | BFVGYC1 |
| 0.10% | -- | ROYAL BANK OF CANADA | 3.88% | 05/04/2032 | -- | $281,045.95 | 300,000 | BP4CQX1 |
| 0.08% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $238,300.10 | 300,000 | BX2H0V0 |
| 0.07% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $202,770.59 | 234,000 | BK6WV73 |
| 0.06% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $177,719.54 | 242,000 | BMX5050 |
| 0.06% | -- | SUMITOMO MITSUI FINL GRP | 2.22% | 09/17/2031 | -- | $169,262.78 | 199,000 | BMHLCZ8 |
| 0.05% | -- | TIME WARNER CABLE LLC | 7.30% | 07/01/2038 | -- | $147,123.68 | 140,000 | B3B14R7 |
| 0.05% | -- | UNITEDHEALTH GROUP INC | 4.75% | 07/15/2045 | -- | $132,613.29 | 148,000 | BYTRVP1 |
| 0.05% | -- | METLIFE INC | 4.05% | 03/01/2045 | -- | $129,678.47 | 158,000 | BW9JZD9 |
| 0.02% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $60,849.89 | 101,000 | BLN8Y83 |
| -1.86% | -- | US ULTRA BOND CBT BOND 18/JUN/2025 WNM5 COMDTY | -- | -- | -5,279,594 | -- | -43 | -- |
| -22.13% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2025 TYM5 COMDTY | -- | -- | -62,821,828 | -- | -567 | -- |
| -66.27% | -- | US LONG BOND(CBT) BOND 18/JUN/2025 USM5 COMDTY | -- | -- | -188,102,750 | -- | -1,606 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $16,826,323.08 | 16,826,323 | -- |
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