XB

BondBloxx B-Rated USD High Yield Corporate Bond ETF

$39.27

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The BondBloxx B-Rated USD High Yield Corporate Bond ETF (XB) seeks to track the performance of a market-weighted index of U.S. dollar-denominated, high-yield corporate bonds with a B credit rating.

Overview

ETF tracking BondBloxx B-Rated USD High Yield Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2022-05-26

Market Cap $32.4M

Average Volume N/A

Dividend Yield 5.80%

52-Week Range $37.33 - $40.45

VWAP $39.30

Performance

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Investment Summary

📎 Investment Objective

The BondBloxx B-Rated USD High Yield Corporate Bond ETF (XB) seeks to track the performance of a market-weighted index of U.S. dollar-denominated, high-yield corporate bonds with a B credit rating.

🎯 Investment Strategy

The ETF uses a passive, index-based approach to invest in a diversified portfolio of B-rated high yield corporate bonds. It seeks to replicate the performance of its underlying index by holding the same securities in similar proportions.

✨ Key Features

Provides exposure to the B-rated segment of the U.S. high yield corporate bond market
Diversified portfolio of high-yield corporate bonds
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Credit risk: Exposure to bonds with lower credit ratings, which have a higher risk of default
Interest rate risk: Bond prices may decline as interest rates rise
Liquidity risk: Potential difficulty in buying or selling the underlying bonds
Concentration risk: Focused exposure to the B-rated high yield corporate bond segment

👤 Best For

This ETF may be suitable for investors seeking exposure to the higher-yielding, higher-risk segment of the U.S. corporate bond market as part of a diversified fixed income allocation. It is best suited for investors with a higher risk tolerance and a longer-term investment horizon.