ProShares UltraShort 7-10 Year Treasury

Frequently Asked Questions About PST

What does PST invest in?

The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes publicly-issued U.S. Treasury securities that have a remaining maturity greater than or equal to seven years and less than or equal to ten years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. The fund is non-diversified.

What is the expense ratio of PST?

ProShares UltraShort 7-10 Year Treasury (PST) charges an expense ratio of 1.53%. This is the annual fee deducted from fund assets to cover management and operations.

What is PST's dividend yield?

PST's trailing-twelve-month yield is 2.46%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PST?

Effective duration measures PST's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PST's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PST?

PST's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PST?

Yield to maturity (YTM) is the total return you'd earn from PST if every bond in the portfolio is held to maturity at the current price. PST's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.