ProShares Trust - ProShares High Yield - Interest Rate Hedged

ProShares Trust - ProShares High Yield - Interest Rate Hedged is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in fixed income markets of the United States and Canada region. The fund invests directly and through derivatives in U.S. dollar denominated high yield corporate bonds and U.S. treasury notes or bonds with a maximum rating of Ba1 by Moody’s and BB+ by S&P. It employs long/short strategy and uses derivatives such as futures to create its portfolio. The fund seeks to track the performance of the FTSE High Yield (Treasury Rate-Hedged) Index. ProShares Trust - ProShares High Yield - Interest Rate Hedged was formed on May 21, 2013 and is domiciled in the United States.