XCCCBondBloxx CCC Rated USD High Yield Corporate Bond ETF

Get income4y track recordRanked #478 of 1,622 in this goal

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

By BondBloxx Investment Management · Launched 2022

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$314M

#1,920 of 5,562 · mid-size

Dividend YieldGoal

9.94%

Track Record

4 years

#2,695 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,620+6.2%

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 CCC US Cash Pay High Yield Constrained Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.0% of fund✓ well diversified

ATHENAHEALTH GRO 6.5% 02/15/30

1.9%

MCAFEE CORP 7.375% 02/15/30

1.5%

ARDONAGH GROUP 8.875% 02/15/32

1.5%

BRAND INDUSTR 10.375% 08/01/30

1.3%

MAUSER PACKAGIN 9.25% 04/15/30

1.2%

LEVEL 3 FINANCIN 8.5% 01/15/36

1.2%

SURGERY CENTER 7.25% 04/15/32

1.2%

FERTITTA ENTERT 6.75% 01/15/30

1.1%

ALTICE FINANCIN 5.75% 08/15/29

1.1%

CHS/COMMUNITY 6.875% 04/15/29

1.1%

Asset allocation

Bonds

98.5%

Cash

1.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.3%Low

Year-on-year price swings

Max drawdown

-11.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.88Decent risk-adjusted returns

Sortino (3Y)

1.24Good downside protection

Bond profile

Duration

7.6 years

Avg maturity

9.0 years

Credit ratings

Below B

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index composed of CCC fixed rate U.S. dollar-denominated high yield corporate bonds.
Strategy: Seeks to track the ICE CCC US Cash Pay High Yield Constrained Index, which includes CCC-rated bonds from the ICE BofA US Cash Pay High Yield Index. The Fund uses a representative sampling strategy to manage its portfolio, investing primarily in high-yield corporate bonds.
Inception date: May 24, 2022
Fund family: BondBloxx Investment Management