NYSE ARCA | ETF
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target.
The index is a market-value weighted index designed to provide a balanced representation ofU. S. dollar denominated high yield corporate bonds for sale within theU. S. by means of including the most liquid high yield corporate bonds available as determined by a set of transparent and objective index rules.
The fund is non-diversified.