XBBBondBloxx BB Rated USD High Yield Corporate Bond ETF

Get income4y track recordRanked #330 of 1,622 in this goal

Seeks to track the investment results of an index composed of BB fixed rate high yield corporate bonds.

By BondBloxx Investment Management · Launched 2022

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$461M

#1,630 of 5,562 · large

Dividend YieldGoal

5.56%

Track Record

4 years

#2,695 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,609+6.1%

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 BB US Cash Pay High Yield Constrained Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.0% of fund✓ well diversified

QUIKRETE HOLDI 6.375% 03/01/32

0.5%

MEDLINE BORROW 3.875% 04/01/29

0.5%

CLOUD SOFTWARE G 6.5% 03/31/29

0.5%

ASURION LLC/ASURIO 8% 12/31/32

0.4%

WULF COMPUTE LL 7.75% 10/15/30

0.4%

VENTURE GLOBAL L 9.5% 02/01/29

0.4%

CARNIVAL CORP 5.75% 08/01/32

0.4%

AMERICAN AIRLIN 5.75% 04/20/29

0.4%

WARNERMEDIA HOL 5.05% 03/15/42

0.3%

TRANSDIGM INC 6.375% 03/01/29

0.3%

Asset allocation

Bonds

99.2%

Cash

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-8.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.80Decent risk-adjusted returns

Sortino (3Y)

1.20Good downside protection

Bond profile

Duration

6.0 years

Avg maturity

9.9 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 BB fixed rate high yield corporate bonds.
Strategy: Invests primarily in BB-rated U.S. dollar-denominated high yield corporate bonds, tracking the ICE BofA BB US Cash Pay High Yield Constrained Index. Uses representative sampling to manage the Fund.
Inception date: May 24, 2022
Fund family: BondBloxx Investment Management