HYHG
High Yield—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 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 12/31/2024
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 0.68% | 3.40% | 6.29% | 11.42% | 11.42% | 7.90% | 5.88% | 4.74% | 4.02% | 05/21/2013 |
| HYHG NAV | 0.50% | 2.96% | 5.83% | 10.84% | 10.84% | 7.75% | 5.82% | 4.61% | 3.97% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.44% | 2.94% | 5.78% | 11.26% | 11.26% | 8.06% | 6.19% | 5.25% | 4.68% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 0.68% | 3.40% | 6.29% | 11.42% | 11.42% | 7.90% | 5.88% | 4.74% | 4.02% | 05/21/2013 |
| HYHG NAV | 0.50% | 2.96% | 5.83% | 10.84% | 10.84% | 7.75% | 5.82% | 4.61% | 3.97% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.44% | 2.94% | 5.78% | 11.26% | 11.26% | 8.06% | 6.19% | 5.25% | 4.68% | -- |
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 1/17/2025- NAV $65.82
- NAV Change $+0.19
- Market Price $66.17
- Market Price Change $+0.18
- Trading Volume (M) 26,555
- 30-Day Median Bid Ask Spread 0.40%
- 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 6.83%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Yield 6.83%
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 1/17/2025- NAV $65.82
- NAV Change $+0.19
- Market Price $66.17
- Market Price Change $+0.18
- Trading Volume (M) 26,555
- 30-Day Median Bid Ask Spread 0.40%
- 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 6.83%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Yield 6.83%
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 1/17/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.37% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 02/01/2031 | -- | $2,349,733.01 | 2,661,000 | BN2R7D1 |
| 1.35% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $2,306,071.89 | 2,173,000 | BQB9NW0 |
| 1.32% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,268,909.36 | 2,311,000 | BN2QTP4 |
| 1.31% | -- | TRANSDIGM INC | 5.50% | 11/15/2027 | -- | $2,238,329.63 | 2,265,000 | BM9QGV5 |
| 1.16% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2027 | -- | $1,994,501.25 | 1,953,000 | BSMMD99 |
| 1.13% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,941,724.59 | 2,006,000 | BMWDGR9 |
| 1.04% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,785,463.75 | 1,775,000 | BPLP3M1 |
| 1.02% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,745,383.60 | 1,707,000 | BQ67HZ0 |
| 1.01% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,732,950.44 | 1,735,000 | BM8H783 |
| 0.97% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $1,656,554.72 | 1,614,000 | BPX27Q2 |
| 0.96% | -- | CHS/COMMUNITY HEALTH SYS | 5.63% | 03/15/2027 | -- | $1,650,580.20 | 1,699,000 | BNNTB78 |
| 0.95% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $1,634,163.55 | 1,619,000 | BRZWYJ6 |
| 0.91% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,560,636.83 | 1,645,000 | BMVXSB8 |
| 0.91% | -- | UNITI GROUP/CSL CAPITAL | 10.50% | 02/15/2028 | -- | $1,551,511.95 | 1,453,000 | BR1H7L8 |
| 0.89% | -- | ROYAL CARIBBEAN CRUISES | 6.00% | 02/01/2033 | -- | $1,525,388.06 | 1,523,000 | BP09164 |
| 0.89% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $1,515,816.35 | 1,526,000 | BN765Z1 |
| 0.87% | -- | INTELSAT JACKSON HLDG | 6.50% | 03/15/2030 | -- | $1,482,582.45 | 1,662,000 | BNTY069 |
| 0.85% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,454,767.83 | 1,382,000 | BRK4301 |
| 0.85% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,451,807.50 | 1,300,000 | BQ80PR5 |
| 0.79% | -- | 1011778 BC / NEW RED FIN | 4.00% | 10/15/2030 | -- | $1,358,022.21 | 1,504,000 | BMT6QQ0 |
| 0.76% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,308,630.49 | 1,283,000 | BS2FMQ8 |
| 0.76% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,306,215.48 | 1,330,000 | BS89C64 |
| 0.76% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $1,302,529.77 | 1,246,000 | BL6CM66 |
| 0.75% | -- | DAVITA INC | 4.63% | 06/01/2030 | -- | $1,281,054.40 | 1,384,000 | BMW7NB4 |
| 0.74% | -- | CARNIVAL CORP | 5.75% | 03/01/2027 | -- | $1,268,395.26 | 1,265,000 | BMHYR18 |
| 0.74% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,261,782.91 | 1,248,000 | BNM6H94 |
| 0.73% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,250,756.74 | 1,232,000 | BS2FZM5 |
| 0.72% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,231,414.58 | 1,210,000 | BS561W7 |
| 0.70% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $1,193,778.14 | 1,286,000 | BMBJVY0 |
| 0.69% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,189,328.56 | 1,244,000 | BN7SNC0 |
| 0.69% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,184,318.46 | 1,170,000 | BRJQLF9 |
| 0.68% | -- | NCL CORPORATION LTD | 5.88% | 03/15/2026 | -- | $1,170,481.89 | 1,161,000 | BMB5SR0 |
| 0.68% | -- | IRON MOUNTAIN INC | 5.25% | 07/15/2030 | -- | $1,162,233.51 | 1,211,000 | BL57W73 |
| 0.67% | -- | FIRST QUANTUM MINERALS L | 6.88% | 10/15/2027 | -- | $1,154,411.41 | 1,155,000 | BMZRC58 |
| 0.66% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,137,440.42 | 1,051,000 | BR54DP1 |
| 0.66% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $1,133,506.45 | 1,133,000 | BPVDS42 |
| 0.65% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $1,118,925.71 | 1,107,000 | BNDQTF3 |
| 0.63% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $1,083,560.64 | 1,085,000 | BPW9BQ2 |
| 0.62% | -- | PG&E CORP | 5.25% | 07/01/2030 | -- | $1,066,083.71 | 1,111,000 | BLCC408 |
| 0.62% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $1,054,595.68 | 1,128,000 | BMH29D8 |
| 0.61% | -- | CARNIVAL HLDGS BM LTD | 10.38% | 05/01/2028 | -- | $1,043,261.03 | 980,000 | BM99Y87 |
| 0.61% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $1,042,834.76 | 987,000 | BRXCZB7 |
| 0.61% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $1,041,456.34 | 1,155,000 | BMV1L02 |
| 0.61% | -- | LEVEL 3 FINANCING INC | 11.00% | 11/15/2029 | -- | $1,039,434.75 | 915,000 | BS2FMP7 |
| 0.61% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,038,498.21 | 1,201,000 | BQKN5B6 |
| 0.60% | -- | WINDSTREAM SERVICES LLC / WINDSTREAM ESCROW FINANCE CORP CALLABLE BOND FIXED 8.25% 01/OCT/2031 USD 1000 | -- | -- | -- | $1,033,237.00 | 1,000,000 | -- |
| 0.60% | -- | ALTICE FRANCE SA | 5.50% | 10/15/2029 | -- | $1,024,677.99 | 1,311,000 | BMXJSV4 |
| 0.59% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $1,017,463.51 | 1,040,000 | BP812N6 |
| 0.59% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $1,011,803.14 | 1,039,000 | BNNPV76 |
| 0.59% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $1,009,719.55 | 956,000 | BRT75V6 |
| 0.57% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $967,823.59 | 965,000 | BRBCV11 |
| 0.56% | -- | BAUSCH HEALTH COS INC | 4.88% | 06/01/2028 | -- | $959,562.50 | 1,181,000 | BLB14D9 |
| 0.56% | -- | WEATHERFORD INTERNATIONA | 8.63% | 04/30/2030 | -- | $954,565.85 | 921,000 | BNRPC80 |
| 0.56% | -- | ALBERTSONS COS/SAFEWAY | 3.50% | 03/15/2029 | -- | $952,957.60 | 1,039,000 | BKPMPR2 |
| 0.55% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $949,755.08 | 998,000 | BQ1PCD2 |
| 0.54% | -- | ROCKETMTGE CO-ISSUER INC | 3.88% | 03/01/2031 | -- | $927,148.91 | 1,053,000 | BN7RYH9 |
| 0.52% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $892,263.96 | 862,000 | BT3NFD6 |
| 0.50% | -- | FRONTIER COMMUNICATIONS | 5.00% | 05/01/2028 | -- | $853,050.60 | 860,000 | BMF4PS3 |
| 0.50% | -- | OLYMPUS WTR US HLDG CORP | 9.75% | 11/15/2028 | -- | $852,170.10 | 803,000 | BRBH8M6 |
| 0.49% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $843,347.30 | 894,000 | BMV1LQ8 |
| 0.49% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $841,697.01 | 770,000 | BRCDDH3 |
| 0.49% | -- | RYAN SPECIALTY LLC CALLABLE BOND FIXED 5.875% 01/AUG/2032 USD 1000 | -- | -- | -- | $834,681.65 | 844,000 | -- |
| 0.49% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $834,353.63 | 850,000 | BPP2DX9 |
| 0.48% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $828,523.94 | 923,000 | BRQPKY1 |
| 0.48% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $817,620.92 | 817,000 | BS9C5X0 |
| 0.48% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $813,601.57 | 930,000 | BKPJT48 |
| 0.47% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $798,811.44 | 782,000 | BM8K1F7 |
| 0.46% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $796,029.72 | 755,000 | BNQQSS6 |
| 0.46% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $795,474.49 | 897,000 | BNHS096 |
| 0.46% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $788,347.29 | 826,000 | BJNPGH3 |
| 0.46% | -- | CSC HOLDINGS LLC | 4.63% | 12/01/2030 | -- | $787,263.71 | 1,350,000 | BM9M1M9 |
| 0.46% | -- | SBA COMMUNICATIONS CORP | 3.88% | 02/15/2027 | -- | $784,651.19 | 810,000 | BNBTL14 |
| 0.45% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $770,847.43 | 793,000 | BT7JWZ1 |
| 0.45% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $770,760.31 | 751,000 | BPG27W5 |
| 0.44% | -- | BALL CORP | 2.88% | 08/15/2030 | -- | $757,110.55 | 880,000 | BMG3813 |
| 0.44% | -- | NFE FINANCING LLC CALLABLE MEDIUM TERM NOTE FIXED 12% 15/NOV/2029 USD 1 | -- | -- | -- | $752,262.05 | 721,000 | -- |
| 0.44% | -- | ALTICE FRANCE SA | 5.13% | 07/15/2029 | -- | $752,239.66 | 961,000 | BM9V193 |
| 0.44% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $746,244.75 | 750,000 | BT9NKJ1 |
| 0.43% | -- | JANE STREET GRP/JSG FIN | 7.13% | 04/30/2031 | -- | $730,554.31 | 709,000 | BLDCK76 |
| 0.43% | -- | NRG ENERGY INC | 3.63% | 02/15/2031 | -- | $728,892.37 | 828,000 | BNM51T9 |
| 0.42% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $725,582.14 | 759,000 | BMY8TS4 |
| 0.42% | -- | VMED O2 UK FINAN | 4.25% | 01/31/2031 | -- | $721,290.32 | 834,000 | BKVH9C4 |
| 0.41% | -- | TK ELEVATOR US NEWCO INC | 5.25% | 07/15/2027 | -- | $709,877.85 | 721,000 | BMC7DR0 |
| 0.41% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $704,003.34 | 732,000 | BMDB423 |
| 0.41% | -- | TEGNA INC | 5.00% | 09/15/2029 | -- | $703,888.88 | 750,000 | BMXC0P1 |
| 0.41% | -- | HILTON DOMESTIC OPERATIN | 4.00% | 05/01/2031 | -- | $697,822.06 | 769,000 | BNDLGZ7 |
| 0.40% | -- | UNIVISION COMMUNICATIONS | 6.63% | 06/01/2027 | -- | $692,036.73 | 693,000 | BMG68Y5 |
| 0.40% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $691,519.73 | 737,000 | BNBTNV8 |
| 0.40% | -- | PRIME SECSRVC BRW/FINANC | 3.38% | 08/31/2027 | -- | $688,827.73 | 729,000 | BMFBJS2 |
| 0.39% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $673,517.89 | 646,000 | BLC8Z03 |
| 0.39% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $664,887.46 | 628,000 | BLDCTF7 |
| 0.39% | -- | UNICREDIT SPA | 5.46% | 06/30/2035 | -- | $662,553.12 | 686,000 | BM9QJS3 |
| 0.38% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $655,905.38 | 711,000 | BLC9L19 |
| 0.38% | -- | NOVELIS CORP | 4.75% | 01/30/2030 | -- | $654,988.36 | 704,000 | BKLPSC1 |
| 0.38% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $652,891.64 | 624,000 | BS7XRZ1 |
| 0.38% | -- | MEDLINE BORROWER LP | 3.88% | 04/01/2029 | -- | $649,022.23 | 696,000 | BMW4P42 |
| 0.38% | -- | HERTZ CORP/THE CALLABLE NOTES FIXED 12.625% 15/JUL/2029 USD 1000 | -- | -- | -- | $648,763.11 | 597,000 | -- |
| 0.37% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $634,978.66 | 679,000 | BNHT925 |
| 0.37% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $626,610.26 | 632,000 | BSVLRC8 |
| 0.36% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $621,189.60 | 600,000 | BP2F579 |
| 0.36% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $620,665.25 | 608,000 | BMCGQ56 |
| 0.36% | -- | AVANTOR FUNDING INC | 4.63% | 07/15/2028 | -- | $620,243.40 | 646,000 | BMVVY70 |
| 0.36% | -- | DT MIDSTREAM INC | 4.38% | 06/15/2031 | -- | $616,231.49 | 669,000 | BLN9LB8 |
| 0.36% | -- | NEW FORTRESS ENERGY INC | 6.50% | 09/30/2026 | -- | $613,918.61 | 628,000 | BP0X973 |
| 0.36% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $613,511.77 | 610,000 | BQB88K0 |
| 0.36% | -- | SPIRIT AEROSYSTEMS INC | 9.75% | 11/15/2030 | -- | $608,897.85 | 550,000 | BR1YST4 |
| 0.35% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $604,321.28 | 611,000 | BM8K6S5 |
| 0.35% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $603,646.97 | 665,000 | BPVBYZ9 |
| 0.35% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $603,608.42 | 606,000 | BP091F3 |
| 0.35% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $600,685.75 | 586,000 | BMC94W8 |
| 0.35% | -- | TULLOW OIL PLC | 10.25% | 05/15/2026 | -- | $598,779.35 | 625,000 | BKPGFV8 |
| 0.35% | -- | ROYAL CARIBBEAN CRUISES | 5.63% | 09/30/2031 | -- | $598,714.09 | 607,000 | BMZLFH3 |
| 0.35% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $596,693.99 | 622,000 | BTCK903 |
| 0.35% | -- | PETSMART INC/PETSMART FI | 4.75% | 02/15/2028 | -- | $594,734.32 | 622,000 | BMW5D63 |
| 0.35% | -- | STANDARD INDUSTRIES INC | 4.38% | 07/15/2030 | -- | $592,448.84 | 642,000 | BMYXXP4 |
| 0.35% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $591,584.71 | 572,000 | BNKBFF3 |
| 0.34% | -- | WESCO DISTRIBUTION INC | 7.25% | 06/15/2028 | -- | $587,735.09 | 577,000 | BMYMZT9 |
| 0.34% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $586,488.34 | 554,000 | BPG22V9 |
| 0.34% | -- | COMMSCOPE LLC | 4.75% | 09/01/2029 | -- | $585,274.34 | 654,000 | BLDBLL4 |
| 0.34% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $583,846.76 | 563,000 | BS3BCF4 |
| 0.34% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $582,560.98 | 569,000 | BMCGQM3 |
| 0.34% | -- | TALEN ENERGY SUPPLY LLC | 8.63% | 06/01/2030 | -- | $579,955.72 | 542,000 | BQFHT88 |
| 0.34% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $574,068.53 | 971,000 | BN6JYJ8 |
| 0.33% | -- | UNITED RENTALS NORTH AM | 3.88% | 02/15/2031 | -- | $573,434.02 | 635,000 | BLFGYK7 |
| 0.33% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $572,493.96 | 617,000 | BLDBLN6 |
| 0.33% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $568,291.94 | 589,000 | BM8H4Y8 |
| 0.33% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $567,286.03 | 635,000 | BMD9BZ9 |
| 0.33% | -- | ALLISON TRANSMISSION INC | 3.75% | 01/30/2031 | -- | $565,845.13 | 634,000 | BMX50K5 |
| 0.33% | -- | LIVE NATION ENTERTAINMEN | 6.50% | 05/15/2027 | -- | $564,873.75 | 557,000 | BMFKW46 |
| 0.33% | -- | CRESCENT ENERGY FINANCE LLC CALLABLE NOTES FIXED 7.625% 01/APR/2032 USD 1000 | -- | -- | -- | $562,130.37 | 558,000 | -- |
| 0.33% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $559,210.94 | 536,000 | BRC2671 |
| 0.32% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $546,431.42 | 526,000 | BMVXP62 |
| 0.32% | -- | ZAYO GROUP HOLDINGS INC | 6.13% | 03/01/2028 | -- | $543,895.00 | 638,000 | BLBQF75 |
| 0.32% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $543,421.65 | 526,000 | BRBCTZ1 |
| 0.31% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $537,758.75 | 521,000 | BS88506 |
| 0.31% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $537,625.00 | 550,000 | BPGM651 |
| 0.31% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $536,326.12 | 529,000 | BR2NN28 |
| 0.31% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $535,182.08 | 586,000 | BMT7QC9 |
| 0.31% | -- | ZAYO GROUP HOLDINGS INC | 4.00% | 03/01/2027 | -- | $534,876.17 | 578,000 | BLBQFB9 |
| 0.31% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $531,689.57 | 598,000 | BM94BT2 |
| 0.31% | -- | BLOCK INC | 3.50% | 06/01/2031 | -- | $527,664.00 | 597,000 | BLD7383 |
| 0.31% | -- | H&E EQUIPMENT SERVICES | 3.88% | 12/15/2028 | -- | $526,869.34 | 528,000 | BLSN159 |
| 0.31% | -- | US ACUTE CARE SOLUTIONS LLC CALLABLE BOND FIXED 9.75% 15/MAY/2029 USD 1000 | -- | -- | -- | $525,303.79 | 513,000 | -- |
| 0.31% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $522,883.50 | 500,000 | BRT7527 |
| 0.31% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $522,413.74 | 529,000 | BMW2W01 |
| 0.30% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $518,858.45 | 550,000 | BN0ZRZ9 |
| 0.30% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $517,880.51 | 572,000 | BNQPRV9 |
| 0.30% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $517,380.83 | 507,000 | BQ3QRD8 |
| 0.30% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $515,824.18 | 485,000 | BP6GPK1 |
| 0.30% | -- | NATIONSTAR MTG HLD INC | 7.13% | 02/01/2032 | -- | $512,332.50 | 500,000 | BS7Y6M4 |
| 0.29% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $503,377.20 | 450,000 | BR1YSV6 |
| 0.29% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $502,946.12 | 489,000 | BT3CPW2 |
| 0.29% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $502,853.91 | 519,000 | BL54J73 |
| 0.29% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $500,091.19 | 574,000 | BP7LR98 |
| 0.29% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $495,625.29 | 481,000 | BPK4CP5 |
| 0.29% | -- | PETSMART INC/PETSMART FI | 7.75% | 02/15/2029 | -- | $494,016.52 | 503,000 | BMTN6F0 |
| 0.29% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $491,533.92 | 485,000 | BP092B6 |
| 0.29% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $489,780.72 | 495,000 | BN6MM59 |
| 0.28% | -- | CRESCENT ENERGY FINANCE | 7.38% | 01/15/2033 | -- | $486,028.18 | 489,000 | BR4ZG56 |
| 0.28% | -- | MOHEGAN TRIBAL GAMING AU | 8.00% | 02/01/2026 | -- | $484,338.46 | 486,000 | BMYW168 |
| 0.28% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $476,042.57 | 456,000 | BNRPV83 |
| 0.27% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $470,282.86 | 453,000 | BMCMQL0 |
| 0.27% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $469,033.95 | 471,000 | BMF9C65 |
| 0.27% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $466,298.55 | 450,000 | BR53N25 |
| 0.27% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $460,476.90 | 450,000 | BP5JP78 |
| 0.27% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $459,517.29 | 421,000 | BR1H4Z1 |
| 0.27% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $456,039.01 | 446,000 | BMZBL86 |
| 0.27% | -- | FORTRESS TRANS & INFRAST | 5.50% | 05/01/2028 | -- | $455,526.38 | 465,000 | BMD14K1 |
| 0.27% | -- | PACTIV EVERGREEN GROUP | 4.00% | 10/15/2027 | -- | $453,792.41 | 455,000 | BJLTTQ7 |
| 0.26% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $450,837.53 | 442,000 | BRK14M1 |
| 0.26% | -- | UNITI GROUP/CSL CAPITAL | 6.50% | 02/15/2029 | -- | $448,125.48 | 490,000 | BMDHSY1 |
| 0.26% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $448,119.08 | 451,000 | BSKP420 |
| 0.26% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $444,555.72 | 420,000 | BMGC188 |
| 0.26% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $443,073.23 | 471,000 | BNM5Z19 |
| 0.26% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $440,489.54 | 426,000 | BMZMHS1 |
| 0.26% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $438,126.93 | 419,000 | BPLL6H5 |
| 0.26% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $437,555.12 | 411,000 | BPBRSM2 |
| 0.26% | -- | ALBERTSONS COS/SAFEWAY | 4.88% | 02/15/2030 | -- | $437,419.98 | 458,000 | BKMH644 |
| 0.25% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $435,495.25 | 467,000 | BPLFC68 |
| 0.25% | -- | ROCKETMTGE CO-ISSUER INC | 2.88% | 10/15/2026 | -- | $434,877.68 | 457,000 | BP815Z9 |
| 0.25% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $429,043.28 | 419,000 | BM8SW92 |
| 0.25% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $427,315.88 | 442,000 | BMXHJH1 |
| 0.25% | -- | NEXSTAR MEDIA INC | 4.75% | 11/01/2028 | -- | $426,312.80 | 455,000 | BMFNGQ5 |
| 0.25% | -- | SENSATA TECHNOLOGIES BV | 4.00% | 04/15/2029 | -- | $425,846.91 | 461,000 | BNKFMN2 |
| 0.25% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $425,139.35 | 443,000 | BMHBB51 |
| 0.25% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $423,699.81 | 431,000 | BRPT5J4 |
| 0.25% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $419,738.81 | 763,000 | BM93J39 |
| 0.24% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $418,388.22 | 419,000 | BQXJKM7 |
| 0.24% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $408,779.43 | 398,000 | BP092P0 |
| 0.23% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $400,899.64 | 452,000 | BP4Z8H8 |
| 0.23% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $399,201.79 | 384,000 | BNRPLW7 |
| 0.23% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $397,328.61 | 422,000 | BP83D39 |
| 0.23% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $392,227.50 | 434,000 | BN6KWY2 |
| 0.23% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $390,111.60 | 410,000 | BM9PWX6 |
| 0.23% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $386,458.09 | 394,000 | BMBV4H0 |
| 0.22% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $383,937.72 | 386,000 | BN95KZ1 |
| 0.22% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $383,227.37 | 382,000 | BRBDSH9 |
| 0.22% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $380,390.74 | 382,000 | BRBVMG0 |
| 0.22% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $376,064.93 | 485,000 | BMH8323 |
| 0.22% | -- | MPT OPER PARTNERSP/FINL | 3.50% | 03/15/2031 | -- | $375,160.84 | 572,000 | BMF4PW7 |
| 0.22% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $370,322.15 | 424,000 | BNKLFF3 |
| 0.20% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $347,752.84 | 346,000 | BMXHQ92 |
| 0.20% | -- | NEWS CORP | 3.88% | 05/15/2029 | -- | $337,002.26 | 363,000 | BMV9PS2 |
| 0.19% | -- | ROBLOX CORP | 3.88% | 05/01/2030 | -- | $328,328.89 | 360,000 | BNHW2C5 |
| 0.19% | -- | STANDARD INDUSTRIES INC | 3.38% | 01/15/2031 | -- | $325,284.67 | 374,000 | BMFNDV9 |
| 0.19% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $318,050.45 | 301,000 | BMJ0L90 |
| 0.18% | -- | SMYRNA READY MIX CONCRET | 6.00% | 11/01/2028 | -- | $316,739.33 | 322,000 | BMDXC58 |
| 0.18% | -- | PRIME SECSRVC BRW/FINANC | 6.25% | 01/15/2028 | -- | $312,736.20 | 313,000 | BKVKXB0 |
| 0.18% | -- | ARDAGH PKG FIN/HLDGS USA | 5.25% | 08/15/2027 | -- | $309,970.00 | 556,000 | BMW7N92 |
| 0.18% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $308,220.63 | 429,000 | BP9LWV3 |
| 0.17% | -- | DAVITA INC | 3.75% | 02/15/2031 | -- | $296,405.40 | 340,000 | BMFBJQ0 |
| 0.16% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $281,649.00 | 296,000 | BNTBJ41 |
| 0.16% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $276,033.69 | 277,000 | BP4YGK4 |
| 0.15% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $253,412.81 | 256,000 | BQB7JV5 |
| 0.15% | -- | RADIATE HOLDCO / FINANCE | 6.50% | 09/15/2028 | -- | $253,407.28 | 384,000 | BM9TR00 |
| 0.14% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $244,931.66 | 238,000 | BQKRVC1 |
| 0.14% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $240,857.86 | 285,000 | BM9SD09 |
| 0.09% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $148,115.86 | 171,000 | BMBVFS8 |
| 0.08% | -- | YUM! BRANDS INC | 3.63% | 03/15/2031 | -- | $132,268.72 | 148,000 | BN7S9F5 |
| 0.06% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $104,233.34 | 112,000 | BNW2059 |
| 0.05% | -- | CLEAR CHANNEL OUTDOOR HO | 7.75% | 04/15/2028 | -- | $84,382.45 | 92,000 | BM9NG16 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -13.18% | -- | US 10YR NOTE (CBT) BOND 20/MAR/2025 TYH5 COMDTY | -- | -- | -22,577,750 | -- | -208 | -- |
| -31.68% | -- | US 2YR NOTE (CBT) BOND 31/MAR/2025 TUH5 COMDTY | -- | -- | -54,243,750 | -- | -264 | -- |
| -53.94% | -- | US 5YR NOTE (CBT) BOND 31/MAR/2025 FVH5 COMDTY | -- | -- | -92,362,735 | -- | -870 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,530,089.10 | 7,530,089 | -- |
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
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
A Playbook for Rising Rates
After more than a decade of historically low or falling interest rates, today’s rising rate market environment may be unfamiliar to many investors. How do you take action when rates rise? Find out.
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