High Yield—Interest Rate Hedged - HYHG High Yield—Interest Rate Hedged

ProShares High Yield—Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the Citi High Yield (Treasury Rate-Hedged) Index.

  • 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
  • Offers even less interest rate sensitivity than short-term bonds by targeting a duration of zero
  • Learn more about ProShares Interest Rate Hedged Bond ETFs.
  • Read the Report: The Shortcomings of Short Term High Yield Bond Funds.
  • Watch the Video: Interest Rate Risk and the Benefits of Rate-Hedged Bond ETFs

As of 2/20/18

Description Ticker Symbol Coupon Maturity Date Exposure Value
(Notional + G/L)
Market Value ($) Shares/Contracts
US 2YR NOTE FUTURE 03/29/2018 (TUH8) - - - (48,773,421.88) - (229.00)
US 5YR NOTE FUTURE 03/29/2018 (FVH8) - - - (60,074,953.13) - (526.00)
US 10YR NOTE FUTURE 03/20/2018 (TYH8) - - - (65,182,046.88) - (541.00)
1011778 BC / NEW RED FIN 144A - 4.250 5/15/24 - $3,300,300.00 3,420,000.00
BOMBARDIER INC 144A - 7.500 3/15/25 - $2,855,217.50 2,762,000.00
DYNEGY INC - 7.375 11/1/22 - $2,558,666.00 2,420,000.00
ZAYO GROUP LLC/ZAYO CAP - 5.750 1/15/27 - $2,357,550.00 2,340,000.00
FRONTIER COMMUNICATIONS CORP - 11.000 9/15/25 - $2,337,037.50 3,045,000.00
CCO HLDGS LLC/CAP CORP - 5.125 5/1/27 - $2,322,000.00 2,400,000.00
PRIME SECSRVC BRW/FINANC - 9.250 5/15/23 - $2,256,705.00 2,068,000.00
SPRINT CORP - 7.875 9/15/23 - $2,251,077.50 2,149,000.00
ICAHN ENTERPRISES/FIN - 6.000 8/1/20 - $2,139,658.50 2,107,000.00
T-MOBILE USA INC - 6.625 4/1/23 - $2,117,597.50 2,045,000.00
FIRST DATA CORP 144A - 5.750 1/15/24 - $2,082,325.00 2,044,000.00
RITE AID CORP 144A - 6.125 4/1/23 - $1,960,722.50 1,927,000.00
NIELSEN FINANCE LLC 144A - 5.000 4/15/22 - $1,936,543.75 1,915,000.00
SCIENTIFIC GAMES INTERNA - 10.000 12/1/22 - $1,921,612.50 1,767,000.00
VRX ESCROW CORP 144A - 5.875 5/15/23 - $1,828,800.00 2,032,000.00
TENET HEALTHCARE CORP - 8.125 4/1/22 - $1,814,757.75 1,755,000.00
VRX ESCROW CORP 144A - 6.125 4/15/25 - $1,793,343.75 2,035,000.00
DOLLAR TREE INC - 5.750 3/1/23 - $1,725,363.75 1,662,000.00
CLEAR CHANNEL WORLDWIDE HOLDINGS INC - 6.500 11/15/22 - $1,676,892.50 1,634,000.00
POST HOLDINGS INC 144A - 5.000 8/15/26 - $1,670,837.50 1,745,000.00
SOLERA LLC 144A - 10.500 3/1/24 - $1,618,875.00 1,439,000.00
FIRST QUANTUM MINERALS LTD 144A - 7.000 2/15/21 - $1,593,215.00 1,544,000.00
QUICKEN LOANS INC 144A - 5.750 5/1/25 - $1,588,827.50 1,577,000.00
GOODYEAR TIRE & RUBBER CO - 5.125 11/15/23 - $1,583,578.57 1,553,000.00
CRC ESCROW ISSUER LLC - 5.250 10/15/25 - $1,568,000.00 1,600,000.00
UNIVISION COMMUNICATIONS INC 144A - 5.125 2/15/25 - $1,558,023.13 1,663,000.00
CHESAPEAKE ENERGY CORP - 8.000 12/15/22 - $1,545,293.75 1,463,000.00
TRANSDIGM INC - 6.000 7/15/22 - $1,525,837.50 1,485,000.00
CIT GROUP INC CIT 3.875 2/19/19 - $1,525,096.00 1,516,000.00
CHS/COMMUNITY HEALTH SYS - 6.250 3/31/23 - $1,496,840.00 1,627,000.00
XPO LOGISTICS INC 144A - 6.500 6/15/22 - $1,463,185.00 1,412,000.00
NOVELIS CORP 144A - 6.250 8/15/24 - $1,458,725.00 1,406,000.00
BMC SOFTWARE FINANCE INC 144A - 8.125 7/15/21 - $1,440,730.80 1,431,000.00
BEACON ESCROW CORP - 4.875 11/1/25 - $1,416,251.25 1,447,000.00
DISH DBS CORP - 5.875 11/15/24 - $1,413,510.00 1,484,000.00
CHS/COMMUNITY HEALTH SYSTEMS INC - 6.875 2/1/22 - $1,413,040.00 2,078,000.00
BLUELINE RENTAL CRP / LL - 9.250 3/15/24 - $1,373,438.70 1,269,000.00
INCEPTION MRGR/RACKSPACE - 8.625 11/15/24 - $1,372,225.00 1,310,000.00
HCA INC - 5.375 2/1/25 - $1,367,082.50 1,337,000.00
BWAY HOLDING CO - 7.250 4/15/25 - $1,361,660.00 1,322,000.00
CHENIERE CORP CHRISTI HD CHCOCH 5.875 3/31/25 - $1,357,860.00 1,281,000.00
SBA COMMUNICATIONS CORP SBAC 4.875 9/1/24 - $1,338,208.00 1,349,000.00
NRG ENERGY INC - 6.625 1/15/27 - $1,311,275.00 1,270,000.00
CONSOL ENERGY INC - 5.875 4/15/22 - $1,296,257.88 1,290,000.00
MGM RESORTS INTERNATIONAL - 6.000 3/15/23 - $1,293,200.00 1,220,000.00
AVANTOR INC - 9.000 10/1/25 - $1,281,375.00 1,275,000.00
KFC HLD/PIZZA HUT/TACO - 5.000 6/1/24 - $1,262,717.50 1,241,000.00
UNITED RENTALS NORTH AM - 5.500 5/15/27 - $1,258,700.00 1,228,000.00
EMC CORP - 2.650 6/1/20 - $1,257,391.42 1,300,000.00
HUB INTL LTD 144A - 7.875 10/1/21 - $1,252,905.00 1,212,000.00
WEST CORP - 8.500 10/15/25 - $1,248,710.00 1,294,000.00
AMC NETWORKS INC - 5.000 4/1/24 - $1,244,880.00 1,248,000.00
DISH DBS CORP - 7.750 7/1/26 - $1,227,135.00 1,209,000.00
WILLIAMS COMPANIES INC - 4.550 6/24/24 - $1,221,045.00 1,218,000.00
TRANSOCEAN INC 144A - 9.000 7/15/23 - $1,205,259.90 1,118,000.00
EP ENER/EVEREST ACQ FIN 144A - 8.000 2/15/25 - $1,195,740.00 1,638,000.00
ANTERO RESOURCES FINANCE CORP - 5.375 11/1/21 - $1,193,200.75 1,175,000.00
TESLA INC - 5.300 8/15/25 - $1,191,300.00 1,254,000.00
TENET HEALTHCARE CORP - 6.750 6/15/23 - $1,175,105.00 1,193,000.00
SPRINGLEAF FINANCE CORP - 8.250 12/15/20 - $1,175,020.00 1,078,000.00
DAVITA HEALTHCARE PARTNERS INC - 5.125 7/15/24 - $1,163,418.75 1,170,000.00
SIRIUS XM RADIO INC 144A - 6.000 7/15/24 - $1,156,752.00 1,108,000.00
EQUINIX INC - 5.375 5/15/27 - $1,142,183.70 1,115,000.00
CONTINENTAL RESOURCES INC - 4.500 4/15/23 - $1,120,193.75 1,105,000.00
FREEPORT-MCMORAN INC - 3.875 3/15/23 - $1,116,647.60 1,142,000.00
SIRIUS XM RADIO INC - 5.000 8/1/27 - $1,115,137.50 1,135,000.00
NETFLIX INC - 4.875 4/15/28 - $1,114,588.75 1,133,000.00
WYNN LAS VEGAS LLC 144A - 5.500 3/1/25 - $1,111,448.52 1,092,000.00
AMSURG CORP - 5.625 7/15/22 - $1,104,300.00 1,080,000.00
T-MOBILE USA INC - 6.500 1/15/26 - $1,096,960.00 1,024,000.00
NOVA CHEMICALS CORP - 5.250 6/1/27 - $1,089,592.50 1,109,000.00
CITGO HOLDING INC 144A - 10.750 2/15/20 - $1,076,108.04 1,017,000.00
CALIFORNIA RESOURCES CORP 144A - 8.000 12/15/22 - $1,070,555.60 1,322,000.00
FREEPORT-MCMORAN INC - 5.450 3/15/43 - $1,055,653.30 1,082,000.00
BALL CORP - 5.250 7/1/25 - $1,041,689.65 991,000.00
CENTENE CORP - 4.750 1/15/25 - $1,032,575.00 1,030,000.00
KLX INC 144A - 5.875 12/1/22 - $1,031,250.00 1,000,000.00
QUINTILES IMS INC - 5.000 10/15/26 - $1,029,825.00 1,035,000.00
INFOR (US) INC - 6.500 5/15/22 - $1,021,477.50 999,000.00
ASHLAND INC - 4.750 8/15/22 - $1,011,487.50 999,000.00
PETSMART INC 144A - 7.125 3/15/23 - $984,270.00 1,526,000.00
FRONTIER COMMUNICATIONS CORP - 10.500 9/15/22 - $979,875.00 1,170,000.00
NETFLIX INC - 4.375 11/15/26 - $979,200.00 1,020,000.00
CHENIERE CORP CHRISTI HD - 5.125 6/30/27 - $973,672.70 959,000.00
CCO HLDGS LLC/CAP CORP - 5.000 2/1/28 - $968,481.54 1,014,000.00
DIAMOND 1 FIN/DIAMOND 2 - 5.875 6/15/21 - $955,890.00 936,000.00
FIRST DATA CORP 144A - 7.000 12/1/23 - $929,692.50 885,000.00
MEG ENERGY CORP 144A - 7.000 3/31/24 - $928,655.00 1,099,000.00
ENDO LTD 144A - 6.500 2/1/25 - $916,545.00 1,247,000.00
MEREDITH CORP - 6.875 2/1/26 - $915,040.00 896,000.00
MPH ACQUISITION HOLDINGS 144A - 7.125 6/1/24 - $910,498.89 861,000.00
HCA INC - 5.875 2/15/26 - $905,790.00 872,000.00
NAVIENT CORP - 6.500 6/15/22 - $903,712.50 870,000.00
SANCHEZ ENERGY CORP - 6.125 1/15/23 - $897,645.00 1,162,000.00
LIFEPOINT HOSPITALS INC - 5.500 12/1/21 - $896,112.00 882,000.00
CSC HOLDINGS LLC - 5.500 4/15/27 - $891,000.00 900,000.00
KFC HOLDING CO 144A - 5.250 6/1/26 - $882,861.02 866,000.00
ALBERTSONS COS LLC/SAFEW - 6.625 6/15/24 - $866,400.00 912,000.00
COMMSCOPE TECHNOLOGIES LLC 144A - 6.000 6/15/25 - $856,960.00 824,000.00
HERTZ CORP - 7.625 6/1/22 - $856,440.00 832,000.00
JAGUAR HOLDING COMPANY II 144A - 6.375 8/1/23 - $847,692.50 844,000.00
CHESAPEAKE ENERGY CORP - 8.000 6/15/27 - $826,500.00 870,000.00
TRANSDIGM INC - 6.500 7/15/24 - $811,222.36 788,000.00
CALPINE CORP - 5.750 1/15/25 - $805,837.50 855,000.00
ALLISON TRANSMISSION INC - 5.000 10/1/24 - $793,650.00 780,000.00
DIAMOND 1 FIN/DIAMOND 2 144A - 7.125 6/15/24 - $782,779.00 730,000.00
CENTURYLINK INC - 7.500 4/1/24 - $781,856.25 777,000.00
DJO FINCO INC 144A - 8.125 6/15/21 - $781,687.50 825,000.00
COMMUNICATIONS SALES & L - 8.250 10/15/23 - $781,200.00 840,000.00
GOLDEN NUGGET INC - 6.750 10/15/24 - $762,960.00 748,000.00
PLATFORM SPECIALTY PRODUCTS CORP 144A - 6.500 2/1/22 - $760,072.50 747,000.00
JUPITER RESOURCES INC 144A - 8.500 10/1/22 - $753,410.00 1,316,000.00
CLEVELAND-CLIFFS INC - 5.750 3/1/25 - $741,228.00 760,000.00
ALBERTSONS COS LLC/SAFEW - 5.750 3/15/25 - $726,740.00 812,000.00
TRIBUNE MEDIA CO - 5.875 7/15/22 - $717,060.00 703,000.00
CROWN AMERICAS LLC - 4.500 1/15/23 - $702,960.00 696,000.00
SPRINGLEAF FINANCE CORP - 6.125 5/15/22 - $701,435.16 684,000.00
NOVELIS CORP - 5.875 9/30/26 - $690,850.00 674,000.00
PETSMART INC PETM 5.875 6/1/25 - $688,545.00 858,000.00
ICAHN ENTERPRISES/FIN - 5.875 2/1/22 - $655,850.00 650,000.00
CRIMSON MERGER SUB INC 144A - 6.625 5/15/22 - $654,712.50 663,000.00
EQUINIX INC - 5.875 1/15/26 - $652,206.24 623,000.00
ALLY FINANCIAL INC - 5.750 11/20/25 - $636,300.00 606,000.00
MOMENTIVE PERFORMANCE MATERIALS INC - 3.880 10/24/21 - $627,873.75 603,000.00
SPRINT CORP - 7.125 6/15/24 - $611,763.75 611,000.00
REYNOLDS GRP ISS/REYNOLD - 5.125 7/15/23 - $611,250.00 600,000.00
MGM GROWTH/MGM FINANCE - 5.625 5/1/24 - $599,265.00 579,000.00
FIRST QUANTUM MINERALS L - 7.250 4/1/23 - $584,842.50 561,000.00
ESH HOSPITALITY INC 144A - 5.250 5/1/25 - $578,508.00 582,000.00
ANTERO RESOURCES CORP - 5.125 12/1/22 - $572,367.50 566,000.00
CHEMOURS CO - 6.625 5/15/23 - $528,900.00 500,000.00
ALTICE US FINANCE I CORP - 5.500 5/15/26 - $515,410.00 518,000.00
SIX FLAGS ENTERTAINMENT - 4.875 7/31/24 - $510,361.25 511,000.00
WELLCARE HEALTH PLANS INC WCG 5.250 4/1/25 - $509,850.00 500,000.00
BWAY HOLDING CO - 5.500 4/15/24 - $503,422.30 491,000.00
CHANGE HEALTH / FIN INC - 5.750 3/1/25 - $498,495.00 501,000.00
ENDO LTD 144A - 6.000 7/15/23 - $495,625.00 650,000.00
STAPLES INC - 8.500 9/15/25 - $489,950.00 500,000.00
ENERGY TRANSFER EQUITY - 4.250 3/15/23 - $487,600.00 500,000.00
ENSCO PLC ESV 7.750 2/1/26 - $483,300.00 500,000.00
NOVA CHEMICALS CORP - 4.875 6/1/24 - $481,536.51 483,000.00
HOWARD HUGHES CORP HHC 5.375 3/15/25 - $472,025.00 478,000.00
SPECTRUM BRANDS INC - 5.750 7/15/25 - $457,710.00 438,000.00
ENSCO PLC - 5.750 10/1/44 - $426,000.00 600,000.00
GATES GLOBAL LLC 144A - 6.000 7/15/22 - $417,634.20 410,000.00
BALL CORP - 4.375 12/15/20 - $412,087.50 405,000.00
MURRAY ENERGY CORP - 11.250 4/15/21 - $410,000.00 820,000.00
CONTINENTAL RESOURCES - 4.375 1/15/28 - $395,000.00 400,000.00
WHITING PETROLEUM CORP 144A WLL 6.625 1/15/26 - $383,914.00 380,000.00
SOUTHWESTERN ENERGY CO - 6.700 1/23/25 - $338,203.50 345,000.00
CALPINE CORP - 5.375 1/15/23 - $324,815.00 334,000.00
FIRST QUANTUM MINERALS L - 7.500 4/1/25 - $322,065.00 306,000.00
NAVISTAR INTERNATIONAL CORP - 6.625 11/1/25 - $317,625.00 308,000.00
ENERGY TRANSFER EQUITY LP - 5.875 1/15/24 - $291,180.00 276,000.00
ZAYO GROUP LLC - 6.000 4/1/23 - $258,614.40 248,000.00
SCIENTIFIC GAMES INTERNA - 7.000 1/1/22 - $257,862.50 245,000.00
DAVITA HEALTHCARE PARTNERS INC - 5.000 5/1/25 - $196,500.00 200,000.00
CENTENE CORP - 5.625 2/15/21 - $111,997.50 109,000.00
NET OTHER ASSETS / CASH - - - - $6,301,739.02 6,301,739.02