The investment seeks investment results that, before fees and expenses, track the performance of the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index (the "index").
The index is comprised of long positions in USD-denominated investment grade corporate bonds issued by both U.S. and foreign domiciled companies; and short positions in U.S. Treasury notes or bonds of, in aggregate, approximate equivalent duration to the investment grade bonds. Under normal circumstances, the fund will invest at least 80% of its total assets in investment grade bonds, which are included in the index.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=ProShares
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=J. P. Morgan Chase Bank, N.A.
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Nontraditional Bond
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Bethesda___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=J. P. Morgan Chase Bank, N.A.
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