BBBS

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

$51.45

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) seeks to track the performance of a portfolio of investment-grade corporate bonds with maturities between 1 and 5 years and a BBB credit rating.

Overview

ETF tracking BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-01-25

Market Cap $177.5M

Average Volume N/A

Dividend Yield 3.72%

52-Week Range $50.27 - $51.83

VWAP $51.46

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a diversified portfolio of BBB-rated corporate bonds with maturities between 1 and 5 years. The fund aims to provide exposure to the performance of this segment of the investment-grade corporate bond market.

✨ Key Features

Focuses on BBB-rated corporate bonds with short to intermediate-term maturities
Provides exposure to the higher-quality end of the corporate bond market
Relatively low interest rate risk due to the short to intermediate-term bond maturities
Seeks to track the performance of its underlying index

⚠️ Primary Risks

Credit risk: The fund is exposed to the risk of default or deterioration in the credit quality of the underlying corporate bonds
Interest rate risk: Bond prices may decline as interest rates rise, impacting the fund's performance
Liquidity risk: The bonds held by the fund may experience periods of lower trading volume, making them more difficult to sell
Concentration risk: The fund's focus on BBB-rated bonds may make it more vulnerable to changes in that specific credit segment

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds with a moderate risk profile and a time horizon of 1 to 5 years. It can be used as a core fixed income allocation or as a complement to a broader portfolio.