TAXMBondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

Get income Stay safe1y track recordRanked #155 of 340 in this goal

Seeks attractive after-tax income for Massachusetts residents, consistent with preservation of capital.

By BondBloxx Investment Management · Launched 2025

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$36M

#3,877 of 5,562 · small

Dividend YieldGoal

3.30%

Track Record

1 year

#4,235 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,594+5.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 20.6% of fund✓ well diversified

MASSACHUSETTS ST D 5% 10/01/40

2.6%

MASSACHUSETTS ST D 5% 07/01/34

2.5%

IPS MULTI-SCH BLDG 5% 07/15/40

2.3%

UNIV OF MASSACHUSE 4% 11/01/46

2.3%

MASSACHUSETTS ST D 5% 12/01/32

2.0%

CALIFORNIA CMNTY C 5% 12/01/35

1.8%

MISSOURI ST HSG 2.65% 05/01/28

1.8%

MASSACHUSETTS ST D 5% 10/01/48

1.8%

NEW YORK NY 5% 09/01/48

1.7%

MASSACHUSETTS ST T 4% 06/01/33

1.7%

Asset allocation

Bonds

96.8%

Cash

2.4%

Preferred

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.7%Low

Year-on-year price swings

Max drawdown

-3.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.9 years

Avg maturity

10.5 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks attractive after-tax income for Massachusetts residents, consistent with preservation of capital.
Strategy: Invests primarily in a diversified portfolio of U.S. dollar-denominated municipal and taxable intermediate duration fixed income securities. At least 50% of total assets in municipal securities exempt from U.S. federal and Massachusetts income taxes. May invest up to 20% in below investment grade securities. The Fund expects to maintain a dollar-weighted average portfolio duration of 4 to 8 years. The Sub-Adviser selects securities based on credit quality, diversification, and expected after-tax returns.
Inception date: March 11, 2025
Fund family: BondBloxx Investment Management