Name of ETF: ProShares Investment Grade-Interest Rate Hedged ETF
Benchmark Index: Citi Corporate Investment Grade (Treasury Rate-Hedged) Index.
Ticker Symbol: IGHG
Approximate Number of Bonds in this ETF: 460
Types of Bonds Included in the ETF: This ETF is composed of investment grade U.S. corporate bonds that are rated a minimum of BBB-, with the majority being rate BBB+ or better. It is designed to provide exposure to investment grade corporate bonds while simultaneously hedging against interest rate risk through a short position in U.S. Treasury futures. The bonds in this ETF have a variety of maturity dates with an approximate average weighted maturity of 15 years.
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