BondBloxx BB Rated USD High Yield Corporate Bond ETF XBB
Strategy
The investment seeks to track the investment results of the Bloomberg U.S. High Yield 300MM BB 2% Issuer Capped Index (the “Index”) composed of BB (or its equivalent) fixed rate U.S. dollar-denominated, high yield corporate bonds. The fund will invest at least 80% of its net assets in high-yield, below-investment grade bonds denominated in U.S. dollars of corporate issuers, either directly or indirectly (e.g., through derivatives).
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
XBB | BondBloxx BB Rated USD High Yield Corporate Bond ETF | ETF | Open | $532.34M | 0.200% | — | — | $143.73M |