ProShares CDS North American HY Credit ETF — new fund registration

PROSHARES TRUST registered 8 new fund series on Form 485APOS, filed 2013-05-31. Featured series: ProShares CDS North American HY Credit ETF.

Registration

Series	Class	Ticker	New
ProShares CDS North American HY Credit ETF	ProShares CDS Long North American HY Credit ETF	—	Yes
ProShares CDS Short North American HY Credit ETF	ProShares CDS Short North American HY Credit ETF	—	Yes
ProShares CDS North American IG Credit ETF	ProShares CDS Long North American IG Credit ETF	—	Yes
ProShares CDS Short North American IG Credit ETF	ProShares CDS Short North American IG Credit ETF	—	Yes
ProShares CDS European HY Credit ETF	ProShares CDS Long European HY Credit ETF	—	Yes
ProShares CDS Short European HY Credit ETF	ProShares CDS Short European HY Credit ETF	—	Yes
ProShares CDS European IG Credit ETF	ProShares CDS Long European IG Credit ETF	—	Yes
ProShares CDS Short European IG Credit ETF	ProShares CDS Short European IG Credit ETF	—	Yes

ProShares CDS North American HY Credit ETF (the “Fund”) seeks to provide long exposure to the credit of North American high yield debt issuers.