Investment Grade—Interest Rate Hedged - IGHG Investment Grade—Interest Rate Hedged

ProShares Investment Grade—Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the FTSE Corporate Investment Grade (Treasury Rate-Hedged) Index.

  • 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
  • Offers even less interest rate sensitivity than short-term bonds by targeting a duration of zero

As of 7/20/18

Description Coupon Maturity Date Exposure Value
(Notional + G/L)
Market Value ($) Shares/Contracts
US ULTRA BOND FUTURE 09/19/2018 (WNU8) - - (23,588,562.50) - (149.00)
US 10 YR NOTE FUTURE 09/19/2018 (TYU8) - - (234,809,421.88) - (1,957.00)
US LONG FUTURE 09/19/2018 (USU8) - - (300,198,375.00) - (2,082.00)
MEDTRONIC INC 3.500 3/15/25 - $6,746,157.80 6,783,000.00
NEXEN ENERGY ULC 6.400 5/15/37 - $5,961,664.80 4,860,000.00
VERIZON COMMUNICATIONS INC 4.862 8/21/46 - $5,830,559.14 5,955,000.00
PFIZER INC 7.200 3/15/39 - $5,280,566.48 3,777,000.00
CONOCOPHILLIPS 6.500 2/1/39 - $4,450,145.13 3,467,000.00
APPLE INC 3.200 5/13/25 - $4,430,118.09 4,503,000.00
HOME DEPOT INC 5.875 12/16/36 - $4,409,335.49 3,584,000.00
COOPERATIEVE CENTRALE RAIFFEISEN BOERENLEENBANK BA 5.250 5/24/41 - $4,337,543.62 3,840,000.00
CISCO SYSTEMS INC 5.500 1/15/40 - $4,254,286.45 3,548,000.00
MITSUBISHI UFJ FINANCIAL GROUP INC 3.850 3/1/26 - $4,124,796.47 4,157,000.00
BARCLAYS PLC 4.375 1/12/26 - $4,098,518.30 4,207,000.00
TELEFONICA EMISIONES SAU 7.045 6/20/36 - $4,042,831.21 3,367,000.00
WAL MART STORES INC 5.250 9/1/35 - $3,994,217.23 3,437,000.00
HSBC HOLDINGS PLC 6.800 6/1/38 - $3,908,598.28 3,194,000.00
GOLDMAN SACHS GROUP INC 4.250 10/21/25 - $3,846,347.24 3,883,000.00
GENERAL ELECTRIC CO 5.875 1/14/38 - $3,741,141.45 3,290,000.00
SUMITOMO MITSUI FINANCIAL GROUP INC 3.784 3/9/26 - $3,727,612.85 3,767,000.00
GOLDMAN SACHS GROUP INC 6.125 2/15/33 - $3,689,390.07 3,193,000.00
ASTRAZENECA PLC 6.450 9/15/37 - $3,601,261.01 2,880,000.00
HSBC HOLDINGS PLC 6.500 9/15/37 - $3,468,094.98 2,917,000.00
UNITED TECHNOLOGIES CORP 4.500 6/1/42 - $3,381,965.43 3,391,000.00
NOVARTIS CAPITAL CORP 4.400 5/6/44 - $3,363,803.10 3,151,000.00
GE CAPITAL INTL FUNDING 4.418 11/15/35 - $3,349,682.92 3,460,000.00
VERIZON COMMUNICATIONS 2.625 8/15/26 - $3,348,197.02 3,715,000.00
TIME WARNER CABLE INC 6.750 6/15/39 - $3,346,316.64 3,087,000.00
LLOYDS BANKING GROUP PLC 4.500 11/4/24 - $3,333,256.85 3,354,000.00
GENERAL ELECTRIC CAPITAL CORP 6.750 3/15/32 - $3,278,723.85 2,675,000.00
PACIFIC GAS AND ELECTRIC CO 6.050 3/1/34 - $3,274,726.82 3,008,000.00
GOLDMAN SACHS GROUP INC 5.150 5/22/45 - $3,231,410.10 3,175,000.00
ALTRIA GROUP INC 5.375 1/31/44 - $3,226,358.48 2,957,000.00
GLAXOSMITHKLINE CAPITAL INC 6.375 5/15/38 - $3,204,723.80 2,483,000.00
CRED SUIS GP FUN LTD 4.550 4/17/26 - $3,148,945.58 3,131,000.00
SHELL INTL FINANCE BV 4.375 5/11/45 - $3,146,796.05 3,034,000.00
CITIGROUP INC 4.450 9/29/27 - $3,146,583.74 3,198,000.00
VALE OVERSEAS LTD 6.875 11/21/36 - $3,095,028.00 2,682,000.00
FORD MOTOR COMPANY 4.750 1/15/43 - $3,080,652.73 3,464,000.00
BANCO SANTANDER SA 4.250 4/11/27 - $3,040,741.93 3,157,000.00
HCA INC 5.250 4/15/25 - $3,019,553.60 2,977,000.00
GOLDMAN SACHS GROUP INC 6.750 10/1/37 - $3,015,263.95 2,514,000.00
MORGAN STANLEY 5.000 11/24/25 - $2,985,395.80 2,875,000.00
WELLS FARGO & CO 3.000 2/19/25 - $2,979,981.70 3,144,000.00
APPLE INC 3.450 5/6/24 - $2,975,444.04 2,966,000.00
TELEFONICA EMISIONES SAU 5.213 3/8/47 - $2,973,775.53 2,978,000.00
GENERAL MOTORS CO 6.250 10/2/43 - $2,936,997.42 2,783,000.00
MEDTRONIC INC 4.625 3/15/45 - $2,931,703.32 2,717,000.00
CREDIT SUISSE GROUP FUNDING (GUERNSEY) LTD 4.875 5/15/45 - $2,884,856.48 2,848,000.00
TIME WARNER CABLE INC 7.300 7/1/38 - $2,871,643.60 2,498,000.00
WALT DISNEY COMPANY/THE 1.850 7/30/26 - $2,864,686.48 3,270,000.00
VERIZON COMMUNICATIONS 4.272 1/15/36 - $2,864,431.13 3,075,000.00
GOLDMAN SACHS GROUP INC 6.250 2/1/41 - $2,834,699.66 2,387,000.00
AMERICA MOVIL SAB DE CV 6.125 3/30/40 - $2,823,991.70 2,374,000.00
21ST CENTURY FOX AMERICA INC 6.650 11/15/37 - $2,812,715.47 2,208,000.00
FORD MOTOR CO 7.450 7/16/31 - $2,789,450.00 2,350,000.00
GENERAL ELECTRIC CO 4.125 10/9/42 - $2,773,082.12 3,010,000.00
JPMORGAN CHASE & CO 4.850 2/1/44 - $2,751,524.36 2,632,000.00
INTL BUSINESS MACHINES CORP 3.625 2/12/24 - $2,737,673.65 2,713,000.00
BERKSHIRE HATHAWAY ENERG 6.125 4/1/36 - $2,727,159.57 2,214,000.00
MORGAN STANLEY 3.875 1/27/26 - $2,687,058.75 2,724,000.00
VALE OVERSEAS LTD 6.250 8/10/26 - $2,665,700.00 2,440,000.00
COMCAST CORP 6.500 11/15/35 - $2,654,341.36 2,232,000.00
ORACLE CORP 6.125 7/8/39 - $2,623,999.76 2,092,000.00
ABBVIE INC 4.400 11/6/42 - $2,621,344.77 2,779,000.00
BHP BILLITON FINANCE USA LTD 5.000 9/30/43 - $2,604,614.58 2,311,000.00
MEDTRONIC INC 4.375 3/15/35 - $2,583,568.08 2,499,000.00
ORACLE CORP 6.500 4/15/38 - $2,551,120.45 1,979,000.00
JPMORGAN CHASE & CO 3.625 5/13/24 - $2,523,927.25 2,538,000.00
BPCE SA 4.000 4/15/24 - $2,504,032.91 2,491,000.00
CATERPILLAR INC 3.803 8/15/42 - $2,487,661.89 2,616,000.00
HSBC HOLDINGS PLC 6.500 5/2/36 - $2,484,796.04 2,102,000.00
GEORGIA POWER CO 4.300 3/15/42 - $2,435,149.65 2,408,000.00
WELLS FARGO & COMPANY 4.100 6/3/26 - $2,426,280.79 2,459,000.00
BANK OF AMERICA CORP 7.750 5/14/38 - $2,424,361.94 1,785,000.00
KRAFT HEINZ FOODS CO 5.000 6/4/42 - $2,407,568.54 2,499,000.00
MASTERCARD INC 3.375 4/1/24 - $2,392,892.19 2,392,000.00
BARCLAYS PLC 4.950 1/10/47 - $2,388,224.53 2,539,000.00
MORGAN STANLEY 3.875 4/29/24 - $2,374,561.43 2,373,000.00
WELLS FARGO & COMPANY 3.000 4/22/26 - $2,367,625.45 2,539,000.00
SHELL INTL FINANCE BV 3.250 5/11/25 - $2,364,665.25 2,414,000.00
DAIMLER FINANCE NORTH AMERICA LLC 8.500 1/18/31 - $2,340,251.76 1,659,000.00
SHELL INTL FINANCE BV 5.500 3/25/40 - $2,337,742.62 1,978,000.00
GENERAL ELECTRIC CAPITAL CORP 6.875 1/10/39 - $2,308,454.38 1,824,000.00
SHELL INTL FINANCE BV 6.375 12/15/38 - $2,284,974.61 1,759,000.00
VERIZON COMMUNICATIONS 4.125 3/16/27 - $2,265,913.02 2,272,000.00
PFIZER INC 3.000 12/15/26 - $2,263,793.20 2,344,000.00
SOUTHERN COPPER CORP 5.250 11/8/42 - $2,253,295.42 2,242,000.00
WYETH LLC 5.950 4/1/37 - $2,247,268.86 1,852,000.00
MITSUBISHI UFJ FIN GRP 3.677 2/22/27 - $2,247,025.35 2,294,000.00
ING GROEP NV 3.950 3/29/27 - $2,242,675.25 2,291,000.00
METLIFE INC 4.050 3/1/45 - $2,226,606.24 2,377,000.00
FIRSTENERGY CORP 7.375 11/15/31 - $2,223,667.52 1,726,000.00
ORACLE CORP 5.375 7/15/40 - $2,193,070.13 1,896,000.00
WEYERHAEUSER CO 7.375 3/15/32 - $2,192,868.74 1,722,000.00
PHILIP MORRIS INTL INC 6.375 5/16/38 - $2,186,351.01 1,792,000.00
GENERAL ELECTRIC CO 4.500 3/11/44 - $2,183,739.96 2,235,000.00
LLOYDS BANKING GROUP PLC 4.582 12/10/25 - $2,163,319.17 2,201,000.00
UNITEDHEALTH GROUP INC 3.750 7/15/25 - $2,160,611.31 2,151,000.00
ANADARKO PETROLEUM CORP 6.450 9/15/36 - $2,159,078.12 1,861,000.00
AT&T INC 5.350 9/1/40 - $2,158,828.53 2,194,000.00
NOVARTIS CAPITAL CORP 3.400 5/6/24 - $2,154,736.99 2,159,000.00
WESTPAC BANKING CORP 2.850 5/13/26 - $2,130,241.12 2,300,000.00
WELLS FARGO & COMPANY 3.000 10/23/26 - $2,114,755.48 2,282,000.00
ECOPETROL SA 5.875 5/28/45 - $2,110,920.00 2,154,000.00
METLIFE INC 5.700 6/15/35 - $2,067,821.90 1,823,000.00
AXA SA 8.600 12/15/30 - $2,060,927.50 1,618,000.00
VALE OVERSEAS LTD 6.875 11/10/39 - $2,053,013.50 1,763,000.00
ROYAL BANK OF SCOTLAND GROUP PLC 4.800 4/5/26 - $2,020,193.88 1,994,000.00
NBCUNIVERSAL MEDIA LLC 5.950 4/1/41 - $2,013,624.19 1,778,000.00
HSBC HOLDINGS PLC 4.375 11/23/26 - $1,998,838.62 2,021,000.00
BANK OF AMERICA CORP 3.500 4/19/26 - $1,994,382.92 2,061,000.00
MICROSOFT CORP 4.500 10/1/40 - $1,981,095.90 1,807,000.00
COCA-COLA CO 2.875 10/27/25 - $1,974,876.93 2,060,000.00
JPMORGAN CHASE & CO 3.875 2/1/24 - $1,960,727.91 1,942,000.00
JPMORGAN CHASE & CO 5.500 10/15/40 - $1,934,862.62 1,716,000.00
PEPSI BOTTLING GROUP INC 7.000 3/1/29 - $1,929,083.04 1,502,000.00
RIO TINTO FINANCE (USA) LTD 5.200 11/2/40 - $1,927,054.82 1,707,000.00
HESS CORP 5.600 2/15/41 - $1,915,627.20 1,915,000.00
VIACOM INC 6.875 4/30/36 - $1,892,668.39 1,689,000.00
UNITEDHEALTH GROUP INC 4.750 7/15/45 - $1,884,678.35 1,746,000.00
ASTRAZENECA PLC 3.375 11/16/25 - $1,867,276.26 1,926,000.00
VERIZON COMMUNICATIONS 4.500 8/10/33 - $1,863,203.81 1,896,000.00
COMCAST CORP 4.250 1/15/33 - $1,859,106.62 1,886,000.00
ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.750 7/15/42 - $1,853,724.06 2,077,000.00
CREDIT SUISSE NEW YORK 3.625 9/9/24 - $1,849,844.79 1,865,000.00
INTL BUSINESS MACHINES CORP 4.000 6/20/42 - $1,849,081.45 1,863,000.00
CANADIAN NATURAL RESOURCES LTD 6.250 3/15/38 - $1,843,454.52 1,564,000.00
CREDIT SUISSE GROUP FUNDING (GUERNSEY) LTD 3.750 3/26/25 - $1,843,019.27 1,909,000.00
CITIGROUP INC 4.300 11/20/26 - $1,833,248.91 1,873,000.00
TARGET CORP 2.500 4/15/26 - $1,828,857.06 1,980,000.00
VIACOM INC 4.375 3/15/43 - $1,789,002.13 2,083,000.00
SHELL INTL FINANCE BV 4.550 8/12/43 - $1,788,471.48 1,689,000.00
PFIZER INC 3.400 5/15/24 - $1,782,708.87 1,772,000.00
SHELL INTERNATIONAL FIN 4.000 5/10/46 - $1,779,271.05 1,810,000.00
AT&T INC 5.550 8/15/41 - $1,776,974.59 1,754,000.00
VALERO ENERGY CORP 6.625 6/15/37 - $1,770,134.54 1,466,000.00
WILLIAMS PARTNERS LP 6.300 4/15/40 - $1,769,749.64 1,559,000.00
UNITED TECHNOLOGIES CORP 5.700 4/15/40 - $1,755,331.70 1,527,000.00
CITIGROUP INC 6.675 9/13/43 - $1,745,505.35 1,426,000.00
BANK OF AMERICA CORP 5.000 1/21/44 - $1,738,131.18 1,633,000.00
FIFTH THIRD BANCORP 8.250 3/1/38 - $1,728,751.28 1,256,000.00
APPLE INC 3.850 5/4/43 - $1,714,442.49 1,767,000.00
MERCK & CO INC 4.150 5/18/43 - $1,701,697.53 1,655,000.00
SUMITOMO MITSUI FINL GRP 2.632 7/14/26 - $1,691,056.59 1,862,000.00
VODAFONE GROUP PLC 4.375 2/19/43 - $1,664,219.82 1,821,000.00
MIZUHO FINANCIAL GROUP 3.170 9/11/27 - $1,656,448.10 1,773,000.00
UNITED TECHNOLOGIES CORP 6.125 7/15/38 - $1,653,855.02 1,406,000.00
BANK OF AMERICA CORP 4.000 1/22/25 - $1,652,132.35 1,673,000.00
TOTAL CAPITAL INTL SA 3.750 4/10/24 - $1,643,829.83 1,622,000.00
PHILLIPS 66 5.875 5/1/42 - $1,636,986.77 1,412,000.00
VODAFONE GROUP PLC 6.150 2/27/37 - $1,617,957.94 1,436,000.00
BANK OF AMERICA CORP 6.110 1/29/37 - $1,597,464.52 1,376,000.00
LLOYDS BANKING GROUP PLC 3.750 1/11/27 - $1,595,861.14 1,678,000.00
ASCENSION HEALTH 3.945 11/15/46 - $1,576,243.75 1,596,000.00
STATE STREET CORP 3.550 8/18/25 - $1,573,829.79 1,574,000.00
MORGAN STANLEY 3.700 10/23/24 - $1,572,288.79 1,586,000.00
CITIGROUP INC 4.600 3/9/26 - $1,567,183.77 1,564,000.00
PFIZER INC 2.750 6/3/26 - $1,560,469.69 1,642,000.00
21ST CENTURY FOX AMERICA INC 6.150 3/1/37 - $1,551,694.43 1,286,000.00
PHILIP MORRIS INTL INC 4.250 11/10/44 - $1,541,707.41 1,593,000.00
AMERICAN EXPRESS CO 4.050 12/3/42 - $1,538,589.32 1,579,000.00
JPMORGAN CHASE & CO 6.400 5/15/38 - $1,536,165.38 1,239,000.00
SHELL INTERNATIONAL FIN 3.750 9/12/46 - $1,515,091.40 1,603,000.00
TRANSCANADA PIPELINES 6.200 10/15/37 - $1,511,479.41 1,308,000.00
UNITEDHEALTH GROUP INC 3.100 3/15/26 - $1,499,935.15 1,562,000.00
ASTRAZENECA PLC 4.375 11/16/45 - $1,483,220.73 1,489,000.00
MORGAN STANLEY 4.375 1/22/47 - $1,475,727.25 1,515,000.00
KINDER MORGAN ENERGY PARTNERS LP 6.950 1/15/38 - $1,472,982.99 1,271,000.00
UNITEDHEALTH GROUP INC 6.875 2/15/38 - $1,461,866.27 1,104,000.00
BANK OF AMERICA CORP 4.000 4/1/24 - $1,454,540.47 1,442,000.00
MORGAN STANLEY 4.000 7/23/25 - $1,451,724.28 1,456,000.00
EL PASO LLC 7.750 1/15/32 - $1,447,293.55 1,171,000.00
MOLSON COORS BREWING CO 5.000 5/1/42 - $1,446,131.80 1,425,000.00
APACHE CORP 6.000 1/15/37 - $1,443,752.06 1,320,000.00
CITIGROUP INC 4.400 6/10/25 - $1,440,714.04 1,445,000.00
JM SMUCKER CO 3.500 3/15/25 - $1,440,151.28 1,500,000.00
MORGAN STANLEY 3.625 1/20/27 - $1,424,693.65 1,479,000.00
STATOIL ASA 3.700 3/1/24 - $1,420,020.58 1,403,000.00
UNITEDHEALTH GROUP INC 4.625 7/15/35 - $1,410,491.03 1,327,000.00
EMBRAER NETHERLANDS FINA 5.050 6/15/25 - $1,409,828.85 1,395,000.00
IBM CORP 3.450 2/19/26 - $1,395,612.53 1,410,000.00
WESTPAC BANKING CORP 3.350 3/8/27 - $1,392,429.16 1,458,000.00
LLOYDS BANKING GROUP PLC 4.650 3/24/26 - $1,389,642.85 1,409,000.00
UNITED PARCEL SERVICE INC 6.200 1/15/38 - $1,388,583.46 1,110,000.00
CENOVUS ENERGY INC 6.750 11/15/39 - $1,386,160.70 1,237,000.00
WALT DISNEY COMPANY/THE 3.000 2/13/26 - $1,385,697.56 1,453,000.00
CISCO SYSTEMS INC 3.625 3/4/24 - $1,381,581.13 1,371,000.00
21ST CENTURY FOX AMERICA INC 6.400 12/15/35 - $1,370,984.51 1,120,000.00
JPMORGAN CHASE & CO 4.950 6/1/45 - $1,369,832.32 1,319,000.00
BERKSHIRE HATHAWAY INC 4.500 2/11/43 - $1,367,088.74 1,306,000.00
APPLE INC 2.500 2/9/25 - $1,362,801.80 1,443,000.00
RABOBANK INTERNATIONAL (UTRECHT BRANCH) 5.250 8/4/45 - $1,342,054.39 1,275,000.00
ECOPETROL SA 4.125 1/16/25 - $1,327,357.50 1,351,000.00
MORGAN STANLEY 4.300 1/27/45 - $1,315,755.43 1,370,000.00
BANK OF AMERICA CORP 4.450 3/3/26 - $1,315,582.20 1,313,000.00
APPLE INC 3.450 2/9/45 - $1,307,135.17 1,443,000.00
AMERICA MOVIL SAB DE CV 6.375 3/1/35 - $1,294,675.90 1,082,000.00
BANK OF AMERICA CORP 3.950 4/21/25 - $1,289,132.12 1,313,000.00
SUMITOMO MITSUI FINL GRP 3.364 7/12/27 - $1,288,382.80 1,348,000.00
BLACKROCK INC 3.500 3/18/24 - $1,286,463.93 1,278,000.00
ALTRIA GROUP INC 4.000 1/31/24 - $1,286,183.84 1,266,000.00
MANULIFE FINANCIAL CORP 4.150 3/4/26 - $1,285,501.31 1,279,000.00
CITIGROUP INC 3.875 3/26/25 - $1,282,750.76 1,315,000.00
AT&T INC 5.150 3/15/42 - $1,277,427.71 1,338,000.00
ANTHEM INC 4.650 1/15/43 - $1,271,405.24 1,300,000.00
HSBC HOLDINGS PLC 3.900 5/25/26 - $1,250,585.05 1,274,000.00
PFIZER INC 4.000 12/15/36 - $1,250,555.05 1,239,000.00
TRANSCANADA PIPELINES 7.625 1/15/39 - $1,224,961.23 930,000.00
BP CAPITAL MARKETS PLC 3.506 3/17/25 - $1,223,297.38 1,234,000.00
TARGET CORP 3.625 4/15/46 - $1,201,877.14 1,330,000.00
STATE STREET CORP 3.300 12/16/24 - $1,183,054.23 1,197,000.00
MORGAN STANLEY 4.350 9/8/26 - $1,178,110.89 1,189,000.00
SANTANDER UK PLC 4.000 3/13/24 - $1,177,161.30 1,165,000.00
JPMORGAN CHASE & CO 3.875 9/10/24 - $1,155,322.61 1,165,000.00
ASTRAZENECA PLC 4.000 9/18/42 - $1,141,356.43 1,203,000.00
HSBC BANK USA NA 5.875 11/1/34 - $1,140,446.65 1,000,000.00
COMCAST CORP 3.600 3/1/24 - $1,139,877.04 1,153,000.00
BANK OF AMERICA CORP 4.200 8/26/24 - $1,135,877.94 1,132,000.00
21ST CENTURY FOX AMERICA 6.150 2/15/41 - $1,130,844.33 928,000.00
ANHEUSER-BUSCH INBEV FIN 3.700 2/1/24 - $1,114,343.93 1,107,000.00
TIME WARNER ENTERTAINMENT 8.375 7/15/33 - $1,100,551.63 884,000.00
APPLE INC 4.450 5/6/44 - $1,095,739.12 1,044,000.00
COOPERATIEVE RABOBANK UA 4.375 8/4/25 - $1,095,259.19 1,108,000.00
WELLS FARGO & COMPANY 3.550 9/29/25 - $1,090,634.18 1,118,000.00
WELLS FARGO & CO 3.300 9/9/24 - $1,069,827.17 1,100,000.00
JPMORGAN CHASE & CO 5.600 7/15/41 - $1,065,232.54 931,000.00
APPLE INC 4.375 5/13/45 - $1,055,522.92 1,013,000.00
JPMORGAN CHASE & CO 5.400 1/6/42 - $1,048,148.23 932,000.00
HSBC HOLDINGS PLC 5.250 3/14/44 - $1,047,788.90 1,005,000.00
LOCKHEED MARTIN CORP 4.070 12/15/42 - $1,005,859.05 1,032,000.00
SUNCOR ENERGY INC 6.500 6/15/38 - $1,000,682.11 807,000.00
MIZUHO FINANCIAL GROUP 4.018 3/5/28 - $997,543.03 1,000,000.00
FORD MOTOR CREDIT CO LLC 4.389 1/8/26 - $983,840.77 1,000,000.00
SOUTHERN COPPER CORP 5.875 4/23/45 - $976,807.27 899,000.00
BANK OF AMERICA CORP 4.250 10/22/26 - $975,332.25 985,000.00
MIZUHO FINANCIAL GROUP INC 2.839 9/13/26 - $972,225.33 1,061,000.00
SHELL INTERNATIONAL FINANCE BV 4.125 5/11/35 - $971,664.04 952,000.00
CITIGROUP INC 4.750 5/18/46 - $971,204.88 1,003,000.00
TELEFONICA EMISIONES SAU 4.895 3/6/48 - $952,883.52 1,000,000.00
CONOCOPHILLIPS HLDG CO 6.950 4/15/29 - $948,264.44 769,000.00
HP INC 6.000 9/15/41 - $947,096.71 921,000.00
TELEFONICA EMISIONES SAU 4.103 3/8/27 - $940,956.18 967,000.00
HSBC HOLDINGS PLC 4.250 3/14/24 - $940,175.33 943,000.00
WELLS FARGO & COMPANY 4.750 12/7/46 - $938,692.75 943,000.00
TELEFONICA EUROPE BV 8.250 9/15/30 - $935,460.82 723,000.00
MORGAN STANLEY 3.125 7/27/26 - $926,156.69 994,000.00
WELLS FARGO & CO 3.900 5/1/45 - $921,398.76 1,000,000.00
GENERAL MOTORS CO 5.200 4/1/45 - $919,030.80 980,000.00
JEFFERIES GRP LLC / CAP 4.150 1/23/30 - $896,746.11 1,000,000.00
AMERICA MOVIL SAB DE CV 4.375 7/16/42 - $896,718.39 919,000.00
SHELL INTERNATIONAL FIN 2.500 9/12/26 - $887,588.00 957,000.00
PEPSICO INC 5.500 1/15/40 - $861,840.71 720,000.00
JPMORGAN CHASE & CO 4.250 10/1/27 - $849,840.22 854,000.00
UNILEVER CAPITAL CORP 5.900 11/15/32 - $846,787.57 687,000.00
BHP BILLITON FINANCE USA LTD 4.125 2/24/42 - $846,038.35 852,000.00
NATIONAL AUSTRALIA BK/NY 2.500 7/12/26 - $811,038.27 902,000.00
CITIGROUP INC 3.400 5/1/26 - $809,174.31 851,000.00
CITIGROUP INC 3.700 1/12/26 - $805,642.18 827,000.00
BANK OF AMERICA CORP 5.875 2/7/42 - $800,100.19 672,000.00
BANK OF AMERICA CORP 4.125 1/22/24 - $798,911.99 785,000.00
SUMITOMO MITSUI FINL GRP 3.446 1/11/27 - $780,491.45 811,000.00
BANCO SANTANDER SA 4.379 4/12/28 - $777,084.84 804,000.00
BAKER HUGHES INC 5.125 9/15/40 - $771,247.79 722,000.00
WELLS FARGO & COMPANY 5.375 11/2/43 - $769,527.73 728,000.00
BARCLAYS PLC 3.650 3/16/25 - $752,854.40 800,000.00
HALLIBURTON CO 7.450 9/15/39 - $751,165.13 563,000.00
BANCO SANTANDER SA 3.800 2/23/28 - $741,808.28 800,000.00
COCA-COLA CO 2.250 9/1/26 - $739,525.53 816,000.00
TARGET CORP 3.500 7/1/24 - $729,406.93 724,000.00
WESTPAC BANKING CORP 2.700 8/19/26 - $690,984.77 757,000.00
21ST CENTURY FOX AMERICA 6.200 12/15/34 - $681,975.74 569,000.00
SOUTHERN COPPER CORP 6.750 4/16/40 - $673,248.01 571,000.00
COOPERATIEVE RABOBANK UA 3.375 5/21/25 - $641,475.04 656,000.00
PFIZER INC 4.125 12/15/46 - $639,898.91 634,000.00
SHELL INTERNATIONAL FIN 2.875 5/10/26 - $634,545.14 663,000.00
CITIGROUP INC 5.500 9/13/25 - $627,570.58 592,000.00
DOW CHEMICAL CO 7.375 11/1/29 - $623,181.92 497,000.00
JPMORGAN CHASE & CO 5.625 8/16/43 - $614,127.91 545,000.00
BANCO SANTANDER SA 5.179 11/19/25 - $610,213.48 600,000.00
TOTAL CAPITAL INTL SA 3.700 1/15/24 - $585,860.94 580,000.00
VERIZON COMMUNICATIONS 4.125 8/15/46 - $564,986.26 645,000.00
ANHEUSER-BUSCH INBEV WOR 4.950 1/15/42 - $553,045.38 528,000.00
CITIGROUP INC 4.125 7/25/28 - $526,220.33 548,000.00
BNP PARIBAS 4.250 10/15/24 - $516,281.29 521,000.00
SUMITOMO MITSUI FINL GRP 3.010 10/19/26 - $508,398.72 545,000.00
NBCUNIVERSAL MEDIA LLC 4.450 1/15/43 - $503,244.77 532,000.00
CITIGROUP INC 4.650 7/30/45 - $493,500.43 493,000.00
METLIFE INC 3.600 4/10/24 - $467,055.33 467,000.00
COOPERATIEVE RABOBANK UA 3.750 7/21/26 - $455,149.68 483,000.00
CNOOC FINANCE (2015) USA LLC 3.500 5/5/25 - $435,010.05 450,000.00
COMCAST CORP 4.750 3/1/44 - $405,520.54 406,000.00
DUKE ENERGY FLORIDA INC 6.400 6/15/38 - $357,305.49 278,000.00
WELLS FARGO BANK NA 6.600 1/15/38 - $318,019.34 253,000.00
FORD MOTOR CREDIT CO LLC 4.134 8/4/25 - $303,574.58 310,000.00
CISCO SYSTEMS INC 5.900 2/15/39 - $281,692.27 225,000.00
WELLS FARGO & COMPANY 4.650 11/4/44 - $247,148.40 253,000.00
HCA INC 5.000 3/15/24 - $234,585.00 234,000.00
AMERICAN TOWER CORP 5.000 2/15/24 - $231,160.54 221,000.00
CITIGROUP INC 5.875 1/30/42 - $221,792.67 191,000.00
MICROSOFT CORP 5.300 2/8/41 - $216,392.92 180,000.00
TARGET CORP 4.000 7/1/42 - $216,017.70 224,000.00
BP CAPITAL MARKETS PLC 3.814 2/10/24 - $204,657.48 202,000.00
WELLS FARGO & COMPANY 4.900 11/17/45 - $202,012.60 201,000.00
HSBC HOLDING PLC 4.250 8/18/25 - $197,315.81 200,000.00
AMERICAN INTL GROUP INC 4.125 2/15/24 - $188,020.45 186,000.00
NET OTHER ASSETS / CASH - - - $16,315,512.86 16,315,512.86