XBBondBloxx B Rated USD High Yield Corporate Bond ETF

Get income4y track recordRanked #885 of 1,622 in this goal

Seeks to track the investment results of an index composed of B fixed rate U.S. dollar-denominated high yield corporate bonds.

By BondBloxx Investment Management · Launched 2022

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$45M

#3,655 of 5,562 · mid-size

Dividend YieldGoal

7.09%

Track Record

4 years

#2,695 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,698+7.0%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE BofA Single-B US Cash Pay High Yield Constrained Index

What it actually holds

By weight

Concentration

Top 10 holdings = 7.8% of fund✓ well diversified

1261229 BC LTD 10% 04/15/32

1.3%

ECHOSTAR CORP 10.75% 11/30/29

1.3%

CLOUD SOFTWARE GRP 9% 09/30/29

0.8%

DISH NETWORK C 11.75% 11/15/27

0.8%

HUB INTERNATION 7.25% 06/15/30

0.7%

PANTHER ESCROW 7.125% 06/01/31

0.6%

1011778 BC / NEW R 4% 10/15/30

0.6%

MAUSER PACKAGI 7.875% 04/15/30

0.6%

TRANSDIGM INC 6.375% 05/31/33

0.6%

LEVEL 3 FINANCING 7% 03/31/34

0.6%

Asset allocation

Bonds

98.9%

Cash

1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.8%Low

Year-on-year price swings

Max drawdown

-9.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.87Decent risk-adjusted returns

Sortino (3Y)

1.31Good downside protection

Bond profile

Duration

7.5 years

Avg maturity

10.0 years

Credit ratings

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index composed of B fixed rate U.S. dollar-denominated high yield corporate bonds.
Strategy: Invests primarily in B-rated U.S. dollar-denominated high yield corporate bonds, tracking the ICE BofA Single-B US Cash Pay High Yield Constrained Index. Uses representative sampling to manage the Fund.
Inception date: May 24, 2022
Fund family: BondBloxx Investment Management