BondBloxx BB-Rated USD High Yield Corporate Bond ETFBondBloxx BB-Rated USD High Yield Corporate Bond ETFBondBloxx BB-Rated USD High Yield Corporate Bond ETF

BondBloxx BB-Rated USD High Yield Corporate Bond ETF

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Key stats


Assets under management (AUM)
‪309.97 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
5.75%
Discount/Premium to NAV
0.4%
Shares outstanding
‪7.60 M‬
Expense ratio
0.20%

About BondBloxx BB-Rated USD High Yield Corporate Bond ETF


Issuer
Bondbloxx Investment Management Corp.
Brand
BondBloxx
Inception date
May 26, 2022
Structure
Open-Ended Fund
Index tracked
ICE BofA BB US Cash Pay High Yield Constrained Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Bondbloxx Investment Management Corp.
Distributor
Foreside Fund Services LLC
XBB is part of an ETF suite that targets specific niches of the high-yield corporate bond market. This fund invests in USD-denominated corporate bonds that are rated BB1 through BB3, based on an average of Moodys, S&P, and Fitch. Eligible debt securities must be issued by companies having risk exposures as FX-G10 member countries, with at least $250 million outstanding face value. Bonds should have a maturity of at least 18 months at the time of issuance and at least one year remaining to maturity. Holdings are weighted according to market value, with each issuer capped at 2%. The fund has no limit to the number of issuers to be selected. If fewer than 50 qualify for inclusion, holdings will be weighted equally. The fund may invest up to 20% of its net assets in derivatives such as swaps, options, and futures contracts. Note: Although cash flows from bond payments are retained until each monthly rebalancing, it does not earn any reinvestment income while being held in the index.

Broaden your horizons with more funds linked to XBB via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Credit rating
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
1%89%7%0.1%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XBB trades at 40.96 USD today, its price has fallen −0.03% in the past 24 hours. Track more dynamics on XBB price chart.
XBB net asset value is 40.80 today — it's risen 1.36% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XBB assets under management is ‪309.97 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XBB price has risen by 0.93% over the last month, and its yearly performance shows a 2.95% increase. See more dynamics on XBB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.36% over the last month, showed a 3.94% increase in three-month performance and has increased by 8.83% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XBB invests in bonds. See more details in our Analysis section.
XBB expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XBB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XBB technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XBB shows the buy signal. See more of XBB technicals for a more comprehensive analysis.
Yes, XBB pays dividends to its holders with the dividend yield of 5.75%.
XBB trades at a premium (0.40%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XBB shares are issued by Bondbloxx Investment Management Corp.
XBB follows the ICE BofA BB US Cash Pay High Yield Constrained Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 26, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.