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 10/31/2024
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 1.42% | 3.25% | 5.15% | 9.29% | 14.48% | 7.50% | 6.15% | 4.23% | 3.91% | 05/21/2013 |
| HYHG NAV | 1.36% | 3.28% | 4.82% | 9.11% | 14.64% | 7.53% | 6.12% | 4.16% | 3.89% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.40% | 3.54% | 5.20% | 9.60% | 15.43% | 7.97% | 6.48% | 4.82% | 4.62% | -- |
| 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
Characteristics
as of 10/31/2024- Number of Companies 219
- 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.
- 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.
- Weighted Average Yield to
Maturity0.07% - Net Effective Duration --
Price
as of 11/26/2024- NAV $65.60
- NAV Change $-0.03
- Market Price $65.78
- Market Price Change $+0.01
- Trading Volume (M) 32,556
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Distributions
as of 10/31/2024- SEC 30-Day Yield 6.79%
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 Yield 6.68%
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
Characteristics
as of 10/31/2024- Number of Companies 219
- 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 --
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.
- Weighted Average Yield to Maturity 0.07%
- Net Effective Duration --
Price
as of 11/26/2024- NAV $65.60
- NAV Change $-0.03
- Market Price $65.78
- Market Price Change $+0.01
- Trading Volume (M) 32,556
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Distributions
as of 10/31/2024- SEC 30-Day Yield 6.79%
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 Yield 6.68%
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 11/26/2024
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.52% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,274,710.37 | 2,311,000 | BN2QTP4 |
| 1.50% | -- | TRANSDIGM INC | 5.50% | 11/15/2027 | -- | $2,241,767.37 | 2,265,000 | BM9QGV5 |
| 1.40% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 02/01/2031 | -- | $2,083,245.13 | 2,348,000 | BN2R7D1 |
| 1.19% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,774,272.75 | 1,673,000 | BQB9NW0 |
| 1.17% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,743,398.09 | 1,707,000 | BQ67HZ0 |
| 1.16% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,727,988.59 | 1,775,000 | BMWDGR9 |
| 1.16% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,724,224.64 | 1,735,000 | BM8H783 |
| 1.12% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2027 | -- | $1,669,295.88 | 1,631,000 | BSMMD99 |
| 1.11% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,663,193.04 | 1,493,000 | BQ80PR5 |
| 1.11% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $1,660,703.80 | 1,614,000 | BPX27Q2 |
| 1.00% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $1,495,629.88 | 1,526,000 | BN765Z1 |
| 0.94% | -- | CHS/COMMUNITY HEALTH SYS | 5.63% | 03/15/2027 | -- | $1,409,494.32 | 1,449,000 | BNNTB78 |
| 0.91% | -- | 1011778 BC / NEW RED FIN | 4.00% | 10/15/2030 | -- | $1,364,166.20 | 1,504,000 | BMT6QQ0 |
| 0.88% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,311,224.52 | 1,283,000 | BS2FMQ8 |
| 0.87% | -- | UNITI GROUP/CSL CAPITAL | 10.50% | 02/15/2028 | -- | $1,299,633.66 | 1,222,000 | BR1H7L8 |
| 0.86% | -- | DAVITA INC | 4.63% | 06/01/2030 | -- | $1,289,622.29 | 1,384,000 | BMW7NB4 |
| 0.85% | -- | CARNIVAL CORP | 5.75% | 03/01/2027 | -- | $1,266,831.72 | 1,265,000 | BMHYR18 |
| 0.80% | -- | SIRIUS XM RADIO INC | 4.00% | 07/15/2028 | -- | $1,201,371.49 | 1,286,000 | BMBJVY0 |
| 0.79% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,182,366.35 | 1,169,000 | BPLP3M1 |
| 0.78% | -- | INTELSAT JACKSON HLDG | 6.50% | 03/15/2030 | -- | $1,158,160.85 | 1,248,000 | BNTY069 |
| 0.75% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,122,782.22 | 1,201,000 | BQKN5B6 |
| 0.75% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $1,122,216.82 | 1,107,000 | BNDQTF3 |
| 0.73% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,087,521.22 | 1,156,000 | BMVXSB8 |
| 0.73% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $1,086,472.35 | 1,085,000 | BPW9BQ2 |
| 0.71% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,057,596.94 | 1,032,000 | BS2FZM5 |
| 0.70% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $1,052,233.88 | 1,155,000 | BMV1L02 |
| 0.69% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $1,033,326.36 | 1,040,000 | BP812N6 |
| 0.69% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,023,156.36 | 972,000 | BRK4301 |
| 0.66% | -- | OLYMPUS WTR US HLDG CORP | 9.75% | 11/15/2028 | -- | $982,453.33 | 925,000 | BRBH8M6 |
| 0.66% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $981,008.83 | 1,009,000 | BS89C64 |
| 0.65% | -- | CALPINE CORP | 4.50% | 02/15/2028 | -- | $965,416.78 | 1,002,000 | BJVS9S6 |
| 0.63% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $945,874.99 | 994,000 | BN7SNC0 |
| 0.63% | -- | DISH DBS CORP | 5.25% | 12/01/2026 | -- | $940,262.59 | 1,021,000 | BNRLYV5 |
| 0.62% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $932,444.84 | 920,000 | BNM6H94 |
| 0.61% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $912,579.20 | 868,000 | BRXCZB7 |
| 0.60% | -- | UNITED AIRLINES INC | 4.38% | 04/15/2026 | -- | $902,270.34 | 916,000 | BMG8799 |
| 0.60% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $892,144.45 | 892,000 | BPVDS42 |
| 0.59% | -- | NCL CORPORATION LTD | 5.88% | 03/15/2026 | -- | $880,491.93 | 881,000 | BMB5SR0 |
| 0.58% | -- | ALBERTSONS COS/SAFEWAY | 3.50% | 03/15/2029 | -- | $865,664.01 | 939,000 | BKPMPR2 |
| 0.58% | -- | UNITED AIRLINES INC | 4.63% | 04/15/2029 | -- | $862,480.71 | 900,000 | BMG8788 |
| 0.58% | -- | ROYAL CARIBBEAN CRUISES | 6.00% | 02/01/2033 | -- | $861,059.56 | 853,000 | BP09164 |
| 0.57% | -- | UNIVISION COMMUNICATIONS | 6.63% | 06/01/2027 | -- | $856,101.25 | 862,000 | BMG68Y5 |
| 0.56% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $841,377.60 | 850,000 | BRBCV11 |
| 0.56% | -- | CARNIVAL HLDGS BM LTD | 10.38% | 05/01/2028 | -- | $840,088.95 | 785,000 | BM99Y87 |
| 0.55% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $825,304.81 | 817,000 | BS9C5X0 |
| 0.55% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $824,823.23 | 848,000 | BNNPV76 |
| 0.55% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $815,829.95 | 930,000 | BKPJT48 |
| 0.54% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $805,832.98 | 799,000 | BRJQLF9 |
| 0.54% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $802,656.87 | 761,000 | BL6CM66 |
| 0.54% | -- | IRON MOUNTAIN INC | 4.50% | 02/15/2031 | -- | $800,281.56 | 863,000 | BMG1HP4 |
| 0.54% | -- | FIRST QUANTUM MINERALS L | 6.88% | 10/15/2027 | -- | $799,304.92 | 797,000 | BMZRC58 |
| 0.53% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $797,911.22 | 782,000 | BM8K1F7 |
| 0.53% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $793,605.90 | 752,000 | BS3BCF4 |
| 0.53% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $787,965.01 | 826,000 | BJNPGH3 |
| 0.53% | -- | SBA COMMUNICATIONS CORP | 3.88% | 02/15/2027 | -- | $785,051.03 | 810,000 | BNBTL14 |
| 0.52% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $776,080.73 | 763,000 | BPG27W5 |
| 0.52% | -- | BAUSCH HEALTH COS INC | 4.88% | 06/01/2028 | -- | $773,027.92 | 931,000 | BLB14D9 |
| 0.52% | -- | ALTICE FRANCE SA | 5.50% | 10/15/2029 | -- | $770,902.13 | 1,006,000 | BMXJSV4 |
| 0.51% | -- | PG&E CORP | 5.25% | 07/01/2030 | -- | $765,283.26 | 782,000 | BLCC408 |
| 0.51% | -- | LEVEL 3 FINANCING INC | 11.00% | 11/15/2029 | -- | $753,864.36 | 665,000 | BS2FMP7 |
| 0.50% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $750,411.42 | 734,000 | BS561W7 |
| 0.49% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $737,310.14 | 807,000 | BRQPKY1 |
| 0.49% | -- | JANE STREET GRP/JSG FIN | 7.13% | 04/30/2031 | -- | $737,016.84 | 709,000 | BLDCK76 |
| 0.49% | -- | NRG ENERGY INC | 3.63% | 02/15/2031 | -- | $733,992.03 | 828,000 | BNM51T9 |
| 0.49% | -- | ALTICE FRANCE SA | 5.13% | 07/15/2029 | -- | $732,817.48 | 961,000 | BM9V193 |
| 0.48% | -- | TK ELEVATOR US NEWCO INC | 5.25% | 07/15/2027 | -- | $709,915.78 | 721,000 | BMC7DR0 |
| 0.47% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $708,486.83 | 748,000 | BQ1PCD2 |
| 0.47% | -- | TEGNA INC | 5.00% | 09/15/2029 | -- | $707,241.59 | 750,000 | BMXC0P1 |
| 0.47% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $702,176.83 | 665,000 | BRT75V6 |
| 0.47% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $698,173.19 | 735,000 | BNTBJ41 |
| 0.47% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $697,809.30 | 710,000 | BNBTNV8 |
| 0.46% | -- | PRIME SECSRVC BRW/FINANC | 3.38% | 08/31/2027 | -- | $684,179.55 | 729,000 | BMFBJS2 |
| 0.45% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $674,953.66 | 687,000 | BRPT5J4 |
| 0.45% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $673,028.64 | 646,000 | BLC8Z03 |
| 0.45% | -- | UNICREDIT SPA | 5.46% | 06/30/2035 | -- | $670,218.60 | 686,000 | BM9QJS3 |
| 0.45% | -- | WEATHERFORD INTERNATIONA | 8.63% | 04/30/2030 | -- | $667,824.18 | 642,000 | BNRPC80 |
| 0.45% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $667,567.77 | 628,000 | BLDCTF7 |
| 0.45% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $666,987.35 | 762,000 | BNHS096 |
| 0.44% | -- | NOVELIS CORP | 4.75% | 01/30/2030 | -- | $661,158.88 | 704,000 | BKLPSC1 |
| 0.44% | -- | NEW FORTRESS ENERGY INC | 6.50% | 09/30/2026 | -- | $658,946.17 | 710,000 | BP0X973 |
| 0.44% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $657,140.52 | 647,000 | BRZWYJ6 |
| 0.44% | -- | MEDLINE BORROWER LP | 3.88% | 04/01/2029 | -- | $649,673.44 | 696,000 | BMW4P42 |
| 0.43% | -- | FRONTIER COMMUNICATIONS | 5.00% | 05/01/2028 | -- | $646,177.64 | 652,000 | BMF4PS3 |
| 0.43% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $636,377.07 | 679,000 | BNHT925 |
| 0.43% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $635,026.97 | 612,000 | BT3NFD6 |
| 0.42% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $633,276.86 | 622,000 | BTCK903 |
| 0.42% | -- | AVANTOR FUNDING INC | 4.63% | 07/15/2028 | -- | $622,026.49 | 646,000 | BMVVY70 |
| 0.41% | -- | DT MIDSTREAM INC | 4.38% | 06/15/2031 | -- | $618,285.92 | 669,000 | BLN9LB8 |
| 0.41% | -- | CSC HOLDINGS LLC | 4.63% | 12/01/2030 | -- | $615,175.84 | 1,084,000 | BM9M1M9 |
| 0.41% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $614,342.00 | 611,000 | BM8K6S5 |
| 0.41% | -- | SPIRIT AEROSYSTEMS INC | 9.75% | 11/15/2030 | -- | $612,442.60 | 550,000 | BR1YST4 |
| 0.40% | -- | STANDARD INDUSTRIES INC | 4.38% | 07/15/2030 | -- | $594,566.02 | 642,000 | BMYXXP4 |
| 0.40% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $592,056.78 | 572,000 | BNKBFF3 |
| 0.40% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $590,420.89 | 554,000 | BPG22V9 |
| 0.40% | -- | WESCO DISTRIBUTION INC | 7.25% | 06/15/2028 | -- | $590,077.13 | 577,000 | BMYMZT9 |
| 0.39% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $583,995.53 | 551,000 | BNQQSS6 |
| 0.39% | -- | TALEN ENERGY SUPPLY LLC | 8.63% | 06/01/2030 | -- | $582,129.14 | 542,000 | BQFHT88 |
| 0.39% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $580,457.35 | 569,000 | BMCGQM3 |
| 0.39% | -- | UNITED RENTALS NORTH AM | 3.88% | 02/15/2031 | -- | $578,577.20 | 635,000 | BLFGYK7 |
| 0.39% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $575,137.72 | 635,000 | BMD9BZ9 |
| 0.38% | -- | ALLISON TRANSMISSION INC | 3.75% | 01/30/2031 | -- | $568,989.45 | 634,000 | BMX50K5 |
| 0.38% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $568,406.80 | 520,000 | BRCDDH3 |
| 0.38% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $565,192.50 | 589,000 | BM8H4Y8 |
| 0.38% | -- | LIVE NATION ENTERTAINMEN | 6.50% | 05/15/2027 | -- | $564,472.16 | 557,000 | BMFKW46 |
| 0.38% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $560,918.52 | 600,000 | BMH29D8 |
| 0.38% | -- | WINDSTREAM SERVICES/ESCR | 7.75% | 08/15/2028 | -- | $560,192.80 | 556,000 | BMH17V9 |
| 0.37% | -- | TULLOW OIL PLC | 10.25% | 05/15/2026 | -- | $556,027.40 | 612,000 | BKPGFV8 |
| 0.37% | -- | ICAHN ENTERPRISES/FIN | 5.25% | 05/15/2027 | -- | $546,103.46 | 569,000 | BLGSGV7 |
| 0.36% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $544,460.36 | 526,000 | BRBCTZ1 |
| 0.36% | -- | GRAY TELEVISION INC | 5.38% | 11/15/2031 | -- | $540,673.19 | 917,000 | BM93J39 |
| 0.36% | -- | ZAYO GROUP HOLDINGS INC | 4.00% | 03/01/2027 | -- | $540,655.02 | 578,000 | BLBQFB9 |
| 0.36% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $539,794.69 | 526,000 | BMVXP62 |
| 0.36% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $537,737.04 | 586,000 | BMT7QC9 |
| 0.36% | -- | BLOCK INC | 3.50% | 06/01/2031 | -- | $534,167.54 | 597,000 | BLD7383 |
| 0.36% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $533,121.31 | 598,000 | BM94BT2 |
| 0.35% | -- | NEXSTAR MEDIA INC | 4.75% | 11/01/2028 | -- | $529,300.54 | 562,000 | BMFNGQ5 |
| 0.35% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $528,398.47 | 500,000 | BP2F579 |
| 0.35% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $527,388.44 | 538,000 | BT7JWZ1 |
| 0.35% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $524,707.87 | 550,000 | BN0ZRZ9 |
| 0.35% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $520,584.50 | 500,000 | BRT7527 |
| 0.35% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $519,509.21 | 485,000 | BP6GPK1 |
| 0.35% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $519,433.41 | 529,000 | BMW2W01 |
| 0.35% | -- | NATIONSTAR MTG HLD INC | 7.13% | 02/01/2032 | -- | $515,544.52 | 500,000 | BS7Y6M4 |
| 0.34% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $508,644.43 | 550,000 | BPGM651 |
| 0.34% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $507,148.04 | 507,000 | BQ3QRD8 |
| 0.34% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $502,582.98 | 450,000 | BR1YSV6 |
| 0.34% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $500,908.76 | 574,000 | BP7LR98 |
| 0.33% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $497,802.98 | 489,000 | BT3CPW2 |
| 0.33% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $495,587.86 | 495,000 | BN6MM59 |
| 0.33% | -- | PETSMART INC/PETSMART FI | 7.75% | 02/15/2029 | -- | $495,005.09 | 503,000 | BMTN6F0 |
| 0.33% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $494,194.55 | 500,000 | BPP2DX9 |
| 0.33% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $491,273.68 | 481,000 | BPK4CP5 |
| 0.33% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $489,769.81 | 485,000 | BP092B6 |
| 0.33% | -- | H&E EQUIPMENT SERVICES | 3.88% | 12/15/2028 | -- | $489,423.58 | 528,000 | BLSN159 |
| 0.32% | -- | CRESCENT ENERGY FINANCE | 9.25% | 02/15/2028 | -- | $484,170.32 | 461,000 | BPQYX34 |
| 0.32% | -- | VMED O2 UK FINAN | 4.25% | 01/31/2031 | -- | $482,663.03 | 561,000 | BKVH9C4 |
| 0.32% | -- | MOHEGAN TRIBAL GAMING AU | 8.00% | 02/01/2026 | -- | $481,286.14 | 486,000 | BMYW168 |
| 0.32% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $477,642.51 | 471,000 | BMF9C65 |
| 0.32% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $475,883.70 | 509,000 | BLC9L19 |
| 0.32% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $474,727.01 | 456,000 | BNRPV83 |
| 0.31% | -- | ZAYO GROUP HOLDINGS INC | 6.13% | 03/01/2028 | -- | $469,025.00 | 514,000 | BLBQF75 |
| 0.31% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $468,991.81 | 453,000 | BMCMQL0 |
| 0.31% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $468,422.55 | 450,000 | BR53N25 |
| 0.31% | -- | NMG HLDCO/NEIMAN MARCUS | 8.50% | 10/01/2028 | -- | $468,349.36 | 461,000 | BSNXYL0 |
| 0.31% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $465,707.24 | 482,000 | BMDB423 |
| 0.31% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $465,443.29 | 421,000 | BR1H4Z1 |
| 0.31% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $463,014.00 | 450,000 | BP5JP78 |
| 0.31% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $459,857.14 | 446,000 | BMZBL86 |
| 0.30% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $447,165.09 | 431,000 | BRC2671 |
| 0.30% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $447,119.01 | 426,000 | BMZMHS1 |
| 0.30% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $444,133.74 | 471,000 | BNM5Z19 |
| 0.30% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $442,800.07 | 420,000 | BMGC188 |
| 0.30% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $442,536.17 | 468,000 | BMV1LQ8 |
| 0.30% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $442,212.17 | 451,000 | BSKP420 |
| 0.29% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $437,737.61 | 411,000 | BPBRSM2 |
| 0.29% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $437,070.96 | 468,000 | BLDBLN6 |
| 0.29% | -- | ROCKETMTGE CO-ISSUER INC | 2.88% | 10/15/2026 | -- | $436,512.32 | 457,000 | BP815Z9 |
| 0.29% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $436,489.06 | 419,000 | BPLL6H5 |
| 0.29% | -- | PACTIV EVERGREEN GROUP | 4.00% | 10/15/2027 | -- | $434,994.56 | 455,000 | BJLTTQ7 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $434,394.43 | 467,000 | BPLFC68 |
| 0.29% | -- | UNITI GROUP/CSL CAPITAL | 6.50% | 02/15/2029 | -- | $429,951.16 | 490,000 | BMDHSY1 |
| 0.29% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $428,867.45 | 419,000 | BM8SW92 |
| 0.29% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $426,541.29 | 442,000 | BMXHJH1 |
| 0.28% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $421,838.55 | 443,000 | BMHBB51 |
| 0.28% | -- | PETSMART INC/PETSMART FI | 4.75% | 02/15/2028 | -- | $417,592.56 | 438,000 | BMW5D63 |
| 0.28% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $415,840.78 | 432,000 | BMY8TS4 |
| 0.28% | -- | AETHON UNITED BR LP / AETHON UNITED FINANCE CORP CALLABLE NOTES FIXED 7.5% 01/OCT/2029 USD 1000 | -- | -- | -- | $411,440.46 | 398,000 | -- |
| 0.27% | -- | COMMSCOPE LLC | 4.75% | 09/01/2029 | -- | $409,612.50 | 495,000 | BLDBLL4 |
| 0.27% | -- | GRAY TELEVISION INC | 10.50% | 07/15/2029 | -- | $408,375.54 | 402,000 | BS88506 |
| 0.27% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $402,703.10 | 384,000 | BNRPLW7 |
| 0.27% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $398,893.30 | 452,000 | BP4Z8H8 |
| 0.27% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $396,330.98 | 432,000 | BNQPRV9 |
| 0.26% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $394,130.61 | 422,000 | BP83D39 |
| 0.26% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $392,716.21 | 434,000 | BN6KWY2 |
| 0.26% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $391,902.93 | 410,000 | BM9PWX6 |
| 0.26% | -- | ROYAL CARIBBEAN CRUISES | 5.63% | 09/30/2031 | -- | $390,132.49 | 391,000 | BMZLFH3 |
| 0.26% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $388,446.87 | 374,000 | BS7XRZ1 |
| 0.26% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $387,874.90 | 382,000 | BRBDSH9 |
| 0.26% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $385,296.85 | 383,000 | BP091F3 |
| 0.26% | -- | ROCKETMTGE CO-ISSUER INC | 3.88% | 03/01/2031 | -- | $384,962.90 | 432,000 | BN7RYH9 |
| 0.26% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $384,906.43 | 382,000 | BRBVMG0 |
| 0.26% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $384,842.59 | 376,000 | BR2NN28 |
| 0.26% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $384,396.05 | 394,000 | BMBV4H0 |
| 0.26% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $383,470.23 | 386,000 | BN95KZ1 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $382,203.36 | 383,000 | BL54J73 |
| 0.25% | -- | BELRON UK FINANCE PLC CALLABLE NOTES FIXED 5.75% 15/OCT/2029 USD 1000 | -- | -- | -- | $377,107.92 | 378,000 | -- |
| 0.25% | -- | MPT OPER PARTNERSP/FINL | 3.50% | 03/15/2031 | -- | $371,210.11 | 572,000 | BMF4PW7 |
| 0.25% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $369,084.97 | 363,000 | BQB88K0 |
| 0.25% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $368,324.54 | 687,000 | BN6JYJ8 |
| 0.25% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $368,301.25 | 424,000 | BNKLFF3 |
| 0.24% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $363,000.81 | 358,000 | BMCGQ56 |
| 0.23% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $343,983.44 | 336,000 | BMC94W8 |
| 0.23% | -- | CRESCENT ENERGY FINANCE | 7.38% | 01/15/2033 | -- | $341,811.37 | 344,000 | BR4ZG56 |
| 0.23% | -- | NEWS CORP | 3.88% | 05/15/2029 | -- | $340,204.51 | 363,000 | BMV9PS2 |
| 0.22% | -- | SENSATA TECHNOLOGIES BV | 4.00% | 04/15/2029 | -- | $335,728.29 | 361,000 | BNKFMN2 |
| 0.22% | -- | BALL CORP | 2.88% | 08/15/2030 | -- | $331,690.41 | 380,000 | BMG3813 |
| 0.22% | -- | ARDAGH PKG FIN/HLDGS USA | 5.25% | 08/15/2027 | -- | $331,509.14 | 556,000 | BMW7N92 |
| 0.22% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $331,455.16 | 485,000 | BMH8323 |
| 0.22% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $331,047.41 | 364,000 | BPVBYZ9 |
| 0.22% | -- | STANDARD INDUSTRIES INC | 3.38% | 01/15/2031 | -- | $327,470.69 | 374,000 | BMFNDV9 |
| 0.22% | -- | ROBLOX CORP | 3.88% | 05/01/2030 | -- | $326,609.06 | 360,000 | BNHW2C5 |
| 0.21% | -- | SMYRNA READY MIX CONCRET | 6.00% | 11/01/2028 | -- | $319,080.75 | 322,000 | BMDXC58 |
| 0.21% | -- | PRIME SECSRVC BRW/FINANC | 6.25% | 01/15/2028 | -- | $312,546.37 | 313,000 | BKVKXB0 |
| 0.20% | -- | DAVITA INC | 3.75% | 02/15/2031 | -- | $300,016.11 | 340,000 | BMFBJQ0 |
| 0.19% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $286,370.63 | 429,000 | BP9LWV3 |
| 0.19% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $279,528.08 | 278,000 | BP4YGK4 |
| 0.18% | -- | RADIATE HOLDCO / FINANCE | 6.50% | 09/15/2028 | -- | $265,242.69 | 401,000 | BM9TR00 |
| 0.17% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $254,532.86 | 256,000 | BQB7JV5 |
| 0.17% | -- | CALPINE CORP | 5.13% | 03/15/2028 | -- | $252,787.70 | 259,000 | BKZMMC6 |
| 0.16% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $246,110.26 | 238,000 | BQKRVC1 |
| 0.14% | -- | IRON MOUNTAIN INC | 5.25% | 07/15/2030 | -- | $204,641.62 | 211,000 | BL57W73 |
| 0.11% | -- | ALBERTSONS COS/SAFEWAY | 4.63% | 01/15/2027 | -- | $167,587.40 | 171,000 | BK0SQV6 |
| 0.10% | -- | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP CALLABLE NOTES FIXED 4.5% 01/MAY/2032 USD 1000 | -- | -- | -- | $149,819.32 | 171,000 | -- |
| 0.09% | -- | CLEAR CHANNEL OUTDOOR HO | 7.75% | 04/15/2028 | -- | $138,235.47 | 151,000 | BM9NG16 |
| 0.09% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $138,001.41 | 134,000 | BQXJKM7 |
| 0.09% | -- | YUM! BRANDS INC | 3.63% | 03/15/2031 | -- | $133,075.38 | 148,000 | BN7S9F5 |
| 0.08% | -- | MINERAL RESOURCES LTD | 9.25% | 10/01/2028 | -- | $120,422.94 | 115,000 | BQ2LP29 |
| 0.08% | -- | FORTRESS TRANS & INFRAST | 5.50% | 05/01/2028 | -- | $113,690.24 | 115,000 | BMD14K1 |
| 0.07% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $104,947.53 | 112,000 | BNW2059 |
| 0.07% | -- | SIRIUS XM RADIO INC | 3.88% | 09/01/2031 | -- | $101,704.29 | 118,000 | BM9SD09 |
| 0.04% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $52,820.20 | 50,000 | BMJ0L90 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $6,551,749.86 | 6,551,750 | -- |
| -12.14% | -- | US 10YR NOTE (CBT) BOND 20/MAR/2025 TYH5 COMDTY | -- | -- | -18,124,563 | -- | -164 | -- |
| -32.54% | -- | US 2YR NOTE (CBT) BOND 31/MAR/2025 TUH5 COMDTY | -- | -- | -48,568,063 | -- | -236 | -- |
| -52.41% | -- | US 5YR NOTE (CBT) BOND 31/MAR/2025 FVH5 COMDTY | -- | -- | -78,235,469 | -- | -730 | -- |
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 |
|---|
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