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ProShares Investment Grade Interest Rate Hedged (IGHG) raises dividend to $0.34, shares drop slightly.
ProShares Investment Grade Interest Rate Hedged (IGHG) increased its dividend to $0.34 per share from $0.32, effective March 7th for shareholders of record on March 3rd.
Shares declined 0.8% to $77.48 on Friday.
The fund aims to reduce interest-rate risk by investing in investment-grade fixed income and tracking an index with long exposure to USD-denominated debt and short exposure to US Treasuries.
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Tasa de Interés de Grado de Inversión ProShares Hedged (IGHG) eleva el dividendo a $0.34, las acciones caen ligeramente.