IGHG
Investment Grade—Interest Rate Hedged
Morningstar Rating
Overall Morningstar Rating out of 260 Nontraditional Bond funds based on risk-adjusted returns as of 12/31/24.
Why IGHG?
-
Provides the return potential of a diversified portfolio of investment grade corporate bonds.
-
Targets zero interest rate risk by including a built-in hedge against rising rates that uses short positions in U.S. Treasury futures.
-
Generally offers lower interest rate sensitivity than short-term bonds by targeting a duration of zero.
View all Fund
detail sections
Why IGHG?
-
Provides the return potential of a diversified portfolio of investment grade corporate bonds.
-
Targets zero interest rate risk by including a built-in hedge against rising rates that uses short positions in U.S. Treasury futures.
-
Generally offers lower interest rate sensitivity than short-term bonds by targeting a duration of zero.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 2/28/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | -0.61% | 1.21% | 3.89% | -0.21% | 7.62% | 7.48% | 5.00% | 3.79% | 3.49% | 11/05/2013 |
| IGHG NAV | -0.88% | 0.72% | 3.70% | -0.37% | 7.06% | 7.54% | 4.89% | 3.77% | 3.45% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | -0.92% | 0.58% | 3.55% | -0.38% | 6.93% | 8.12% | 5.21% | 4.02% | 3.79% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IGHG Market Price | 1.42% | 3.22% | 5.57% | 9.20% | 9.20% | 6.49% | 4.15% | 3.91% | 3.56% | 11/05/2013 |
| IGHG NAV | 1.09% | 2.83% | 5.41% | 9.09% | 9.09% | 6.36% | 4.16% | 3.89% | 3.54% | 11/05/2013 |
| FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index | 0.97% | 2.84% | 5.25% | 9.12% | 9.12% | 6.91% | 4.52% | 4.15% | 3.88% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker IGHG
- Intraday Ticker IGHG.IV
- CUSIP 74347B607
- Inception Date 11/5/13
- Expense Ratio 0.30%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
- Options Available Yes
Characteristics
as of 2/28/2025- Number of Companies 184
- Net Effective Duration -0.03%
Price
as of 4/03/2025- NAV $75.76
- NAV Change $-0.68
- Market Price $75.71
- Market Price Change $-0.94
- Trading Volume (M) 139,836
- 30-Day Median Bid Ask Spread 0.29%
- View Premium / Discount
Distributions
as of 2/28/2025- SEC 30-Day Yield 5.18%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Distribution Frequency Monthly
- 12-Month Distribution Rate 5.15%
12-Month Distribution Rate represents the sum of the fund’s distributions for the last 12 months, expressed as a percentage of the NAV at the announcement of the most recent distribution.
- Distribution Details
Snapshot
- Ticker IGHG
- Intraday Ticker IGHG.IV
- CUSIP 74347B607
- Inception Date 11/5/13
- Expense Ratio 0.30%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
- Options Available Yes
Characteristics
as of 2/28/2025- Number of Companies 184
- Net Effective Duration -0.03%
Price
as of 4/03/2025- NAV $75.76
- NAV Change $-0.68
- Market Price $75.71
- Market Price Change $-0.94
- Trading Volume (M) 139,836
- 30-Day Median Bid Ask Spread 0.29%
- View Premium / Discount
Distributions
as of 2/28/2025- SEC 30-Day Yield 5.18%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Distribution Frequency Monthly
- 12-Month Distribution Rate 5.15%
12-Month Distribution Rate represents the sum of the fund’s distributions for the last 12 months, expressed as a percentage of the NAV at the announcement of the most recent distribution.
- Distribution Details
Exposures
Index as of 9/30/2022
| sector | weight |
|---|---|
| Finance - Bank | 31.79% |
| Industrial - Service | 16.43% |
| Industrial - Manufacturing | 15.41% |
| Utility - Telecom | 10.50% |
| Industrial - Energy | 9.90% |
| Industrial - Consumer | 6.90% |
| Finance - Insurance | 3.58% |
| Finance - Independent | 1.91% |
| Finance - Other | 1.91% |
| Utility - Electric | 1.17% |
| Industrial - Transportation | 0.51% |
Holdings
as of 4/03/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.54% | -- | ORACLE CORP | 6.50% | 04/15/2038 | -- | $4,125,039.62 | 3,801,000 | B2QR213 |
| 1.52% | -- | JPMORGAN CHASE & CO | 5.50% | 10/15/2040 | -- | $4,067,380.00 | 4,008,000 | B43XY12 |
| 1.52% | -- | BANK OF AMERICA CORP | 5.88% | 02/07/2042 | -- | $4,048,904.45 | 3,867,000 | B6T0187 |
| 1.51% | -- | APPLE INC | 3.45% | 02/09/2045 | -- | $4,023,301.16 | 5,157,000 | BVVCSF2 |
| 1.47% | -- | MORGAN STANLEY | 4.38% | 01/22/2047 | -- | $3,921,069.75 | 4,646,000 | BYM4WR8 |
| 1.25% | -- | GOLDMAN SACHS GROUP INC | 6.25% | 02/01/2041 | -- | $3,344,958.85 | 3,157,000 | B43DYH8 |
| 1.23% | -- | CISCO SYSTEMS INC | 5.90% | 02/15/2039 | -- | $3,276,604.96 | 3,032,000 | B4YDXD6 |
| 1.15% | -- | RTX CORP | 4.50% | 06/01/2042 | -- | $3,082,859.99 | 3,492,000 | B86VSX1 |
| 1.15% | -- | IBM CORP | 4.25% | 05/15/2049 | -- | $3,075,002.56 | 3,772,000 | BFY97C8 |
| 1.12% | -- | ALTRIA GROUP INC | 5.38% | 01/31/2044 | -- | $2,993,786.23 | 3,137,000 | BG3KW02 |
| 1.11% | -- | HSBC HOLDINGS PLC | 6.50% | 09/15/2037 | -- | $2,975,586.97 | 2,784,000 | B24FY35 |
| 1.10% | -- | ASTRAZENECA PLC | 4.00% | 09/18/2042 | -- | $2,948,655.56 | 3,460,000 | B8C0348 |
| 1.04% | -- | GLAXOSMITHKLINE CAP INC | 6.38% | 05/15/2038 | -- | $2,764,815.08 | 2,488,000 | B2RDM21 |
| 1.02% | -- | UNITEDHEALTH GROUP INC | 6.88% | 02/15/2038 | -- | $2,722,996.78 | 2,353,000 | B2PHBR3 |
| 1.01% | -- | HOME DEPOT INC | 5.88% | 12/16/2036 | -- | $2,706,104.90 | 2,520,000 | B1L80H6 |
| 1.00% | -- | VODAFONE GROUP PLC | 6.15% | 02/27/2037 | -- | $2,660,941.52 | 2,498,000 | B1SBFX9 |
| 0.99% | -- | BANK OF AMERICA CORP | 7.75% | 05/14/2038 | -- | $2,656,759.75 | 2,234,000 | B2RFJL5 |
| 0.99% | -- | PFIZER INC | 4.00% | 12/15/2036 | -- | $2,653,014.92 | 2,897,000 | BZ3FFJ0 |
| 0.97% | -- | SHELL FINANCE US INC | 4.38% | 05/11/2045 | -- | $2,581,315.93 | 3,021,000 | BR4TTW6 |
| 0.96% | -- | PHILIP MORRIS INTL INC | 6.38% | 05/16/2038 | -- | $2,560,545.35 | 2,322,000 | B2RK1T2 |
| 0.93% | -- | VERIZON COMMUNICATIONS | 4.50% | 08/10/2033 | -- | $2,476,361.32 | 2,565,000 | BF22PM5 |
| 0.85% | -- | SUMITOMO MITSUI FINL GRP | 5.77% | 01/13/2033 | -- | $2,274,974.26 | 2,168,000 | BMTX144 |
| 0.84% | -- | JPMORGAN CHASE & CO | 6.40% | 05/15/2038 | -- | $2,244,671.32 | 2,027,000 | B39F3N0 |
| 0.83% | -- | TRANSCANADA PIPELINES | 6.20% | 10/15/2037 | -- | $2,211,179.07 | 2,122,000 | B287YY8 |
| 0.83% | -- | CITIGROUP INC | 6.68% | 09/13/2043 | -- | $2,204,887.91 | 2,037,000 | BCRXKM7 |
| 0.81% | -- | ROYAL BANK OF CANADA | 2.30% | 11/03/2031 | -- | $2,170,200.64 | 2,513,000 | BM9K8M2 |
| 0.81% | -- | GOLDMAN SACHS GROUP INC | 5.15% | 05/22/2045 | -- | $2,156,658.92 | 2,395,000 | BY58YT3 |
| 0.80% | -- | BHP BILLITON FIN USA LTD | 5.00% | 09/30/2043 | -- | $2,134,314.85 | 2,282,000 | BF6DYK5 |
| 0.79% | -- | TIME WARNER CABLE LLC | 6.75% | 06/15/2039 | -- | $2,108,916.76 | 2,107,000 | B62X8Y8 |
| 0.79% | -- | MEDTRONIC INC | 4.63% | 03/15/2045 | -- | $2,104,785.58 | 2,330,000 | BYZYSL1 |
| 0.77% | -- | PFIZER INC | 7.20% | 03/15/2039 | -- | $2,065,363.28 | 1,736,000 | B65HZL3 |
| 0.77% | -- | SHELL INTERNATIONAL FIN | 6.38% | 12/15/2038 | -- | $2,064,869.31 | 1,853,000 | B3KFDY0 |
| 0.77% | -- | ALLY FINANCIAL INC | 8.00% | 11/01/2031 | -- | $2,064,454.79 | 1,850,000 | B3LVPV8 |
| 0.77% | -- | AMERICA MOVIL SAB DE CV | 6.13% | 03/30/2040 | -- | $2,051,602.60 | 1,965,000 | B62V507 |
| 0.76% | -- | SPRINT CAPITAL CORP | 8.75% | 03/15/2032 | -- | $2,036,145.08 | 1,684,000 | 2964029 |
| 0.76% | -- | SUMITOMO MITSUI FINL GRP | 5.56% | 07/09/2034 | -- | $2,029,125.36 | 1,971,000 | BT5FJ27 |
| 0.76% | -- | ASTRAZENECA PLC | 4.38% | 11/16/2045 | -- | $2,028,519.56 | 2,320,000 | BYQNQH9 |
| 0.76% | -- | WALT DISNEY COMPANY/THE | 6.65% | 11/15/2037 | -- | $2,019,684.39 | 1,771,000 | BKPTBZ3 |
| 0.75% | -- | TELEFONICA EMISIONES SAU | 7.05% | 06/20/2036 | -- | $2,012,773.26 | 1,805,000 | B170DG6 |
| 0.75% | -- | BARCLAYS PLC | 5.25% | 08/17/2045 | -- | $2,006,430.71 | 2,116,000 | BYT35M4 |
| 0.74% | -- | ABBVIE INC | 4.40% | 11/06/2042 | -- | $1,981,903.51 | 2,239,000 | BCZM189 |
| 0.73% | -- | WELLS FARGO & COMPANY | 5.61% | 01/15/2044 | -- | $1,941,800.13 | 2,031,000 | BJTGHH7 |
| 0.72% | -- | TELEFONICA EMISIONES SAU | 5.21% | 03/08/2047 | -- | $1,921,435.50 | 2,171,000 | BF04KW8 |
| 0.72% | -- | METLIFE INC | 4.88% | 11/13/2043 | -- | $1,910,292.11 | 2,077,000 | BGDXK74 |
| 0.68% | -- | MORGAN STANLEY | 4.30% | 01/27/2045 | -- | $1,810,395.71 | 2,146,000 | BVJXZY5 |
| 0.68% | -- | CONOCOPHILLIPS | 6.50% | 02/01/2039 | -- | $1,804,791.52 | 1,617,000 | B4T4431 |
| 0.67% | -- | WELLS FARGO & COMPANY | 4.90% | 11/17/2045 | -- | $1,799,626.21 | 2,076,000 | BYQ29R7 |
| 0.66% | -- | KINDER MORGAN ENER PART | 6.95% | 01/15/2038 | -- | $1,769,454.96 | 1,602,000 | B1Z54W6 |
| 0.65% | -- | FORD MOTOR COMPANY | 7.45% | 07/16/2031 | -- | $1,742,899.03 | 1,632,000 | 5733992 |
| 0.65% | -- | BANCO SANTANDER SA | 6.92% | 08/08/2033 | -- | $1,726,969.18 | 1,629,000 | BRF3T49 |
| 0.64% | -- | VERIZON COMMUNICATIONS | 4.27% | 01/15/2036 | -- | $1,716,000.38 | 1,859,000 | BYRLRK2 |
| 0.64% | -- | TORONTO-DOMINION BANK | 3.20% | 03/10/2032 | -- | $1,701,992.41 | 1,901,000 | BNG28J5 |
| 0.64% | -- | JOHNSON & JOHNSON | 5.95% | 08/15/2037 | -- | $1,696,324.69 | 1,533,000 | B2418B9 |
| 0.63% | -- | UBS GROUP AG | 4.88% | 05/15/2045 | -- | $1,678,157.14 | 1,869,000 | BPX2D53 |
| 0.62% | -- | COOPERATIEVE RABOBANK UA | 5.75% | 12/01/2043 | -- | $1,663,585.82 | 1,656,000 | BGYY0D2 |
| 0.61% | -- | BANCO SANTANDER SA | 5.44% | 07/15/2031 | -- | $1,639,315.79 | 1,591,000 | BS6VKD5 |
| 0.61% | -- | GOLDMAN SACHS GROUP INC | 6.75% | 10/01/2037 | -- | $1,634,150.41 | 1,511,000 | B283338 |
| 0.61% | -- | TIME WARNER CABLE ENTRMN | 8.38% | 07/15/2033 | -- | $1,621,301.38 | 1,419,000 | 2727266 |
| 0.61% | -- | BANCO SANTANDER SA | 6.94% | 11/07/2033 | -- | $1,620,343.62 | 1,450,000 | BQ6C3K2 |
| 0.61% | -- | VODAFONE GROUP PLC | 4.25% | 09/17/2050 | -- | $1,617,174.02 | 2,094,000 | BKVJXB7 |
| 0.60% | -- | PROCTER & GAMBLE CO/THE | 1.20% | 10/29/2030 | -- | $1,595,275.06 | 1,869,000 | BN6LYH2 |
| 0.60% | -- | MERCEDES-BENZ FIN NA | 8.50% | 01/18/2031 | -- | $1,592,966.85 | 1,348,000 | B065ZJ2 |
| 0.59% | -- | PARAMOUNT GLOBAL | 4.38% | 03/15/2043 | -- | $1,584,236.24 | 2,140,000 | BCHWWF1 |
| 0.59% | -- | TIME WARNER CABLE LLC | 6.55% | 05/01/2037 | -- | $1,562,490.94 | 1,572,000 | B28WMV6 |
| 0.57% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 05/24/2041 | -- | $1,532,450.75 | 1,550,000 | B44YJW0 |
| 0.57% | -- | UNITED PARCEL SERVICE | 6.20% | 01/15/2038 | -- | $1,511,320.65 | 1,389,000 | B2NP6Q3 |
| 0.56% | -- | COMCAST CORP | 4.25% | 01/15/2033 | -- | $1,500,087.57 | 1,569,000 | B92PSY5 |
| 0.56% | -- | NOVARTIS CAPITAL CORP | 4.40% | 05/06/2044 | -- | $1,484,337.43 | 1,658,000 | BJZ7ZQ9 |
| 0.56% | -- | BANCO SANTANDER SA | 6.35% | 03/14/2034 | -- | $1,483,382.72 | 1,442,000 | BS9CCW8 |
| 0.55% | -- | OCCIDENTAL PETROLEUM COR | 6.45% | 09/15/2036 | -- | $1,463,588.32 | 1,420,000 | BK8VN61 |
| 0.54% | -- | TELEFONICA EUROPE BV | 8.25% | 09/15/2030 | -- | $1,445,708.09 | 1,253,000 | 4474021 |
| 0.54% | -- | TORONTO-DOMINION BANK | 4.46% | 06/08/2032 | -- | $1,437,956.52 | 1,485,000 | BQB7JS2 |
| 0.54% | -- | JOHN DEERE CAPITAL CORP | 5.15% | 09/08/2033 | -- | $1,434,531.80 | 1,401,000 | BNSP609 |
| 0.53% | -- | VERIZON COMMUNICATIONS | 4.52% | 09/15/2048 | -- | $1,422,672.54 | 1,680,000 | BYRLSF4 |
| 0.53% | -- | WILLIAMS COMPANIES INC | 6.30% | 04/15/2040 | -- | $1,421,079.45 | 1,344,000 | B3RZKK8 |
| 0.52% | -- | PHILLIPS 66 | 5.88% | 05/01/2042 | -- | $1,399,947.43 | 1,413,000 | B7RB2F3 |
| 0.52% | -- | GENERAL MOTORS CO | 6.25% | 10/02/2043 | -- | $1,399,310.52 | 1,451,000 | BP8Y7Q3 |
| 0.52% | -- | WYETH LLC | 5.95% | 04/01/2037 | -- | $1,399,269.68 | 1,316,000 | B1VQ7M4 |
| 0.52% | -- | WALT DISNEY COMPANY/THE | 2.65% | 01/13/2031 | -- | $1,393,758.38 | 1,536,000 | BMD7ZZ1 |
| 0.52% | -- | RIO TINTO FIN USA LTD | 5.20% | 11/02/2040 | -- | $1,381,504.26 | 1,401,000 | B5TZB18 |
| 0.52% | -- | UNILEVER CAPITAL CORP | 5.90% | 11/15/2032 | -- | $1,375,505.72 | 1,268,000 | 7518926 |
| 0.51% | -- | SUMITOMO MITSUI FINL GRP | 6.18% | 07/13/2043 | -- | $1,366,496.49 | 1,257,000 | BRF2J57 |
| 0.50% | -- | DUKE ENERGY FLORIDA LLC | 6.40% | 06/15/2038 | -- | $1,337,820.84 | 1,224,000 | B39XY20 |
| 0.50% | -- | ROYAL BANK OF CANADA | 5.15% | 02/01/2034 | -- | $1,327,476.29 | 1,310,000 | BRF20R6 |
| 0.49% | -- | JOHN DEERE CAPITAL CORP | 5.10% | 04/11/2034 | -- | $1,321,976.79 | 1,299,000 | BSVHXY0 |
| 0.49% | -- | CITIGROUP INC | 4.75% | 05/18/2046 | -- | $1,317,271.32 | 1,562,000 | BDGLCL2 |
| 0.49% | -- | SHELL INTERNATIONAL FIN | 5.50% | 03/25/2040 | -- | $1,315,728.83 | 1,291,000 | B4XNLW2 |
| 0.49% | -- | COCA-COLA CO/THE | 3.00% | 03/05/2051 | -- | $1,306,459.41 | 1,953,000 | BNTDCD7 |
| 0.49% | -- | SHELL FINANCE US INC | 4.00% | 05/10/2046 | -- | $1,303,671.70 | 1,624,000 | BR4TV31 |
| 0.48% | -- | KINDER MORGAN INC | 7.75% | 01/15/2032 | -- | $1,293,488.33 | 1,127,000 | 2836399 |
| 0.48% | -- | SOUTHERN COPPER CORP | 6.75% | 04/16/2040 | -- | $1,293,295.80 | 1,196,000 | B57GT08 |
| 0.48% | -- | VALE OVERSEAS LIMITED | 6.88% | 11/10/2039 | -- | $1,279,416.26 | 1,176,000 | B5B54D9 |
| 0.47% | -- | CANADIAN NATL RESOURCES | 6.25% | 03/15/2038 | -- | $1,252,107.20 | 1,204,000 | B1VJP74 |
| 0.46% | -- | WELLS FARGO & COMPANY | 4.65% | 11/04/2044 | -- | $1,227,865.80 | 1,452,000 | BS9FPF1 |
| 0.46% | -- | CATERPILLAR INC | 3.80% | 08/15/2042 | -- | $1,227,652.96 | 1,480,000 | B944GF7 |
| 0.44% | -- | VALERO ENERGY CORP | 6.63% | 06/15/2037 | -- | $1,179,377.58 | 1,100,000 | B1YLTG4 |
| 0.44% | -- | CITIGROUP INC | 6.63% | 06/15/2032 | -- | $1,173,806.74 | 1,088,000 | 7392227 |
| 0.44% | -- | HP INC | 6.00% | 09/15/2041 | -- | $1,171,997.92 | 1,166,000 | B5V6LS6 |
| 0.44% | -- | BHP BILLITON FIN USA LTD | 4.13% | 02/24/2042 | -- | $1,169,123.70 | 1,383,000 | B5NNJ47 |
| 0.44% | -- | WALMART INC | 6.50% | 08/15/2037 | -- | $1,163,320.57 | 1,010,000 | B242VX5 |
| 0.43% | -- | ANHEUSER-BUSCH INBEV WOR | 4.95% | 01/15/2042 | -- | $1,153,430.83 | 1,222,000 | BDCMR69 |
| 0.42% | -- | WESTPAC BANKING CORP | 2.15% | 06/03/2031 | -- | $1,128,452.13 | 1,291,000 | BMWC8Z8 |
| 0.42% | -- | UNITED AIR 2023-1 A PTT | 5.80% | 01/15/2036 | -- | $1,123,154.08 | 1,106,254 | BRRH916 |
| 0.42% | -- | JPMORGAN CHASE & CO | 4.95% | 06/01/2045 | -- | $1,117,351.50 | 1,222,000 | BY8L4X3 |
| 0.42% | -- | MERCK & CO INC | 4.15% | 05/18/2043 | -- | $1,108,837.74 | 1,294,000 | B9D69N3 |
| 0.42% | -- | BAKER HUGHES HLDGS LLC | 5.13% | 09/15/2040 | -- | $1,108,440.67 | 1,134,000 | B57Y827 |
| 0.41% | -- | LLOYDS BANKING GROUP PLC | 4.34% | 01/09/2048 | -- | $1,105,329.92 | 1,410,000 | BFMYF65 |
| 0.41% | -- | ASCENSION HEALTH | 3.95% | 11/15/2046 | -- | $1,101,775.11 | 1,343,000 | BYYXY44 |
| 0.40% | -- | TOYOTA MOTOR CREDIT CORP | 5.55% | 11/20/2030 | -- | $1,078,692.01 | 1,030,000 | BP0VPB3 |
| 0.40% | -- | BERKSHIRE HATHAWAY ENERG | 6.13% | 04/01/2036 | -- | $1,070,997.18 | 996,000 | B1FTHZ2 |
| 0.40% | -- | WELLS FARGO BANK NA | 6.60% | 01/15/2038 | -- | $1,066,046.82 | 965,000 | B29SN65 |
| 0.39% | -- | GENERAL ELECTRIC CO | 6.75% | 03/15/2032 | -- | $1,051,273.71 | 935,000 | 2859233 |
| 0.39% | -- | GEORGIA POWER CO | 4.30% | 03/15/2042 | -- | $1,046,654.62 | 1,217,000 | B78K6L3 |
| 0.39% | -- | PFIZER INC | 4.13% | 12/15/2046 | -- | $1,045,980.39 | 1,271,000 | BZ3FFH8 |
| 0.39% | -- | CITIGROUP INC | 8.13% | 07/15/2039 | -- | $1,041,859.82 | 835,000 | B3Q88R1 |
| 0.39% | -- | VERIZON COMMUNICATIONS | 5.25% | 03/16/2037 | -- | $1,037,450.86 | 1,039,000 | BYZKXZ8 |
| 0.38% | -- | TELEFONICA EMISIONES SAU | 4.90% | 03/06/2048 | -- | $1,025,504.20 | 1,217,000 | BF2TMG9 |
| 0.38% | -- | MITSUBISHI UFJ FIN GRP | 3.75% | 07/18/2039 | -- | $1,016,557.96 | 1,185,000 | BKFH1R9 |
| 0.37% | -- | HESS CORP | 5.60% | 02/15/2041 | -- | $993,842.85 | 989,000 | B4TV238 |
| 0.37% | -- | COCA-COLA CO/THE | 2.50% | 06/01/2040 | -- | $990,919.42 | 1,364,000 | BKSJPT2 |
| 0.35% | -- | MOLSON COORS BEVERAGE | 5.00% | 05/01/2042 | -- | $946,852.14 | 1,028,000 | B82MC25 |
| 0.35% | -- | KRAFT HEINZ FOODS CO | 5.00% | 06/04/2042 | -- | $939,567.82 | 1,028,000 | B8Y96M2 |
| 0.35% | -- | AMERICA MOVIL SAB DE CV | 4.38% | 07/16/2042 | -- | $932,643.77 | 1,098,000 | B6Z7568 |
| 0.35% | -- | CISCO SYSTEMS INC | 5.50% | 01/15/2040 | -- | $932,587.57 | 899,000 | B596Q94 |
| 0.34% | -- | MEDTRONIC INC | 4.38% | 03/15/2035 | -- | $921,071.78 | 952,000 | BYP6GR9 |
| 0.34% | -- | GE CAPITAL INTL FUNDING | 4.42% | 11/15/2035 | -- | $918,494.91 | 963,000 | BYNWXZ6 |
| 0.34% | -- | WESTPAC BANKING CORP | 3.13% | 11/18/2041 | -- | $911,022.73 | 1,257,000 | BLD9486 |
| 0.33% | -- | NOMURA HOLDINGS INC | 2.61% | 07/14/2031 | -- | $892,886.76 | 1,024,000 | BP8JVG6 |
| 0.33% | -- | SOUTHERN COPPER CORP | 5.88% | 04/23/2045 | -- | $884,460.67 | 898,000 | BWXV3J3 |
| 0.32% | -- | TARGET CORP | 4.00% | 07/01/2042 | -- | $860,621.37 | 1,013,000 | B8HK5Z8 |
| 0.32% | -- | VERIZON COMMUNICATIONS | 4.86% | 08/21/2046 | -- | $853,317.71 | 953,000 | BWC4YL2 |
| 0.32% | -- | GOLDMAN SACHS GROUP INC | 6.13% | 02/15/2033 | -- | $851,342.57 | 788,000 | 2350640 |
| 0.32% | -- | FIFTH THIRD BANCORP | 8.25% | 03/01/2038 | -- | $842,761.36 | 704,000 | B2Q1497 |
| 0.32% | -- | ROYAL BANK OF CANADA | 5.00% | 02/01/2033 | -- | $842,742.38 | 842,000 | BQ3Q0J5 |
| 0.32% | -- | UNITEDHEALTH GROUP INC | 4.63% | 07/15/2035 | -- | $841,742.87 | 864,000 | BYTRVR3 |
| 0.31% | -- | APPLE INC | 4.45% | 05/06/2044 | -- | $826,964.69 | 893,000 | BM6NVC5 |
| 0.30% | -- | BANK OF AMERICA NA | 6.00% | 10/15/2036 | -- | $809,314.39 | 767,000 | B1G7Y98 |
| 0.29% | -- | MIZUHO FINANCIAL GROUP | 2.56% | 09/13/2031 | -- | $783,242.25 | 908,000 | BNBYGX6 |
| 0.29% | -- | WESTPAC BANKING CORP | 4.42% | 07/24/2039 | -- | $777,135.28 | 858,000 | BKBQ3G3 |
| 0.28% | -- | NOMURA HOLDINGS INC | 5.78% | 07/03/2034 | -- | $735,722.28 | 716,000 | BT3JZL2 |
| 0.27% | -- | TWDC ENTERPRISES 18 CORP | 4.13% | 06/01/2044 | -- | $712,107.77 | 851,000 | BN459D7 |
| 0.26% | -- | METLIFE INC | 5.70% | 06/15/2035 | -- | $684,327.06 | 650,000 | B0BXDC0 |
| 0.25% | -- | ELEVANCE HEALTH INC | 4.65% | 01/15/2043 | -- | $670,404.59 | 761,000 | B88F2Y0 |
| 0.25% | -- | EATON CORP | 4.15% | 11/02/2042 | -- | $663,042.49 | 769,000 | BGLPFR7 |
| 0.25% | -- | VERIZON COMMUNICATIONS | 4.81% | 03/15/2039 | -- | $657,653.11 | 699,000 | BDFLJN4 |
| 0.24% | -- | AMERICAN EXPRESS CO | 4.05% | 12/03/2042 | -- | $642,636.52 | 759,000 | B968SP1 |
| 0.24% | -- | IBM CORP | 4.15% | 05/15/2039 | -- | $639,564.92 | 723,000 | BFY9706 |
| 0.24% | -- | WELLS FARGO & COMPANY | 3.90% | 05/01/2045 | -- | $630,119.52 | 800,000 | BX2H0V0 |
| 0.24% | -- | BARCLAYS PLC | 4.95% | 01/10/2047 | -- | $628,044.18 | 696,000 | BD72S38 |
| 0.23% | -- | PARAMOUNT GLOBAL | 6.88% | 04/30/2036 | -- | $623,147.13 | 607,000 | B1G5DX9 |
| 0.23% | -- | FORD MOTOR COMPANY | 4.75% | 01/15/2043 | -- | $621,972.66 | 815,000 | B8H94Y7 |
| 0.23% | -- | IBM CORP | 4.00% | 06/20/2042 | -- | $621,072.39 | 751,000 | B8J5PR3 |
| 0.23% | -- | APPLE INC | 4.38% | 05/13/2045 | -- | $613,391.08 | 689,000 | BXC5WP2 |
| 0.23% | -- | SUMITOMO MITSUI FINL GRP | 5.84% | 07/09/2044 | -- | $604,000.02 | 595,000 | BT5FJ50 |
| 0.22% | -- | WALMART INC | 5.25% | 09/01/2035 | -- | $590,598.65 | 561,000 | B0J45R4 |
| 0.22% | -- | JOHN DEERE CAPITAL CORP | 4.40% | 09/08/2031 | -- | $586,185.16 | 588,000 | BTFK557 |
| 0.22% | -- | COOPERATIEVE RABOBANK UA | 5.25% | 08/04/2045 | -- | $583,177.83 | 614,000 | BYWZXG7 |
| 0.21% | -- | CITIGROUP INC | 4.65% | 07/30/2045 | -- | $573,722.30 | 651,000 | BYTHPH1 |
| 0.21% | -- | GENERAL MOTORS CO | 5.20% | 04/01/2045 | -- | $563,752.16 | 670,000 | BSKDLG7 |
| 0.19% | -- | BANCO SANTANDER SA | 6.03% | 01/17/2035 | -- | $519,617.95 | 500,000 | BSHWBT0 |
| 0.19% | -- | HSBC HOLDINGS PLC | 6.50% | 05/02/2036 | -- | $500,700.76 | 471,000 | B13VN63 |
| 0.18% | -- | MORGAN STANLEY | 6.38% | 07/24/2042 | -- | $491,391.74 | 450,000 | B7N7040 |
| 0.18% | -- | HSBC HOLDINGS PLC | 5.25% | 03/14/2044 | -- | $483,731.86 | 518,000 | BKJL6Z0 |
| 0.17% | -- | BERKSHIRE HATHAWAY INC | 4.50% | 02/11/2043 | -- | $441,229.74 | 471,000 | B819DG8 |
| 0.15% | -- | VODAFONE GROUP PLC | 5.25% | 05/30/2048 | -- | $410,701.84 | 446,000 | BYWFVF2 |
| 0.14% | -- | SHELL FINANCE US INC CALLABLE NOTES FIXED 3.75% 12/SEP/2046 USD 1000 | -- | -- | -- | $387,152.69 | 500,000 | -- |
| 0.14% | -- | PROCTER & GAMBLE CO/THE | 1.95% | 04/23/2031 | -- | $384,943.93 | 438,000 | BM9CQB3 |
| 0.14% | -- | ORACLE CORP | 6.13% | 07/08/2039 | -- | $371,552.15 | 354,000 | B3LR141 |
| 0.14% | -- | COCA-COLA CO/THE | 2.50% | 03/15/2051 | -- | $361,326.38 | 601,000 | BLN8Y83 |
| 0.13% | -- | APPLE INC | 3.85% | 05/04/2043 | -- | $336,993.04 | 400,000 | B8HTMS7 |
| 0.12% | -- | COCA-COLA CO/THE | 2.60% | 06/01/2050 | -- | $310,161.80 | 500,000 | BKSJPS1 |
| 0.11% | -- | JPMORGAN CHASE & CO | 5.63% | 08/16/2043 | -- | $300,123.59 | 300,000 | BD035K4 |
| 0.11% | -- | COCA-COLA CO/THE | 1.38% | 03/15/2031 | -- | $296,489.89 | 350,000 | BLR6S70 |
| 0.11% | -- | SHELL FINANCE US INC | 4.13% | 05/11/2035 | -- | $282,703.86 | 300,000 | BR4TV20 |
| 0.11% | -- | ROYAL BANK OF CANADA | 3.88% | 05/04/2032 | -- | $281,820.65 | 300,000 | BP4CQX1 |
| 0.11% | -- | WELLS FARGO & COMPANY | 5.38% | 11/02/2043 | -- | $280,463.65 | 300,000 | BFVGYC1 |
| 0.10% | -- | LOCKHEED MARTIN CORP | 4.07% | 12/15/2042 | -- | $270,444.43 | 321,000 | BBD6G92 |
| 0.09% | -- | WELLS FARGO & COMPANY | 4.75% | 12/07/2046 | -- | $252,143.02 | 298,000 | BDSFRX9 |
| 0.08% | -- | VODAFONE GROUP PLC | 4.88% | 06/19/2049 | -- | $200,778.52 | 234,000 | BK6WV73 |
| 0.07% | -- | WESTPAC BANKING CORP | 2.96% | 11/16/2040 | -- | $179,400.42 | 242,000 | BMX5050 |
| 0.06% | -- | SUMITOMO MITSUI FINL GRP | 2.22% | 09/17/2031 | -- | $170,714.47 | 199,000 | BMHLCZ8 |
| 0.05% | -- | SOUTHERN COPPER CORP | 5.25% | 11/08/2042 | -- | $132,794.54 | 144,000 | B8ZRND5 |
| 0.02% | -- | PHILIP MORRIS INTL INC | 4.25% | 11/10/2044 | -- | $51,234.98 | 61,000 | BSHZYC3 |
| -- | -- | BANK OF AMERICA CORP | 6.11% | 01/29/2037 | -- | $9,388.45 | 9,000 | B1P61P1 |
| -- | -- | TIME WARNER CABLE LLC | 7.30% | 07/01/2038 | -- | $2,097.67 | 2,000 | B3B14R7 |
| -- | -- | METLIFE INC | 4.05% | 03/01/2045 | -- | $1,633.51 | 2,000 | BW9JZD9 |
| -- | -- | UNITEDHEALTH GROUP INC | 4.75% | 07/15/2045 | -- | $898.75 | 1,000 | BYTRVP1 |
| -1.45% | -- | US ULTRA BOND CBT BOND 18/JUN/2025 WNM5 COMDTY | -- | -- | -3,869,188 | -- | -31 | -- |
| -21.76% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2025 TYM5 COMDTY | -- | -- | -58,122,563 | -- | -516 | -- |
| -69.88% | -- | US LONG BOND(CBT) BOND 18/JUN/2025 USM5 COMDTY | -- | -- | -186,631,969 | -- | -1,563 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $13,244,910.39 | 13,244,910 | -- |
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