As a result, it has an Average Parent Pillar rating. BondBloxx Investment Management LLC currently oversees 25 vehicles, with a total of$ 2.96 billion under management and a roster of 13 portfolio managers. Even though BondBloxx Investment Management LLC is a relatively new firm, it has brought on experienced managers, averaging 20 years of total industry experience. Furthermore, this experienced team has stayed together, as evidenced by a high manager retention ratio.
A pocket of strength is the firm’s low fees on its open-end and exchange-traded funds, demonstrating a firmwide commitment to minimizing costs and maximizing investors’ returns. The average net expense ratio of its funds is within the lowest quintile of firms.
To retain an Average rating, BondBloxx Investment Management LLC will be expected to maintain a consistent track record of positive investor experience.