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BBBI

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Net asset value

$49.83

EXPENSE RATIO

0.19%

Yield to Maturity

5.37%

30-Day Sec Yield

NA
ALL DATA AS OF 02/28/2024, UNLESS OTHERWISE STATED. 30-DAY SEC YIELD AS OF NA. The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance please visit the performance section of this page.

Overview

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF seeks to track the investment results of an index composed of BBB rated, fixed-rate, taxable U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. corporate issuers with remaining maturities of greater than or equal to five years and less than ten years.

Key Features

Outperformance potential:

Exposure to BBB-rated corporate bonds, a persistent outperformer within the U.S. investment grade universe.1

Consistently higher income:

BBB-rated corporate bond outperformance has been driven by its historically higher average coupon income compared to broad U.S. corporate indices.2

More precise exposure:

Targets more precise maturities of 5-10 years within the BBB universe, enabling investors to better manage portfolio duration and implement active views with a single fund.

Sub-Sector

Fund Details

Product Name BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Ticker BBBI
CUSIP 09789C747
Asset Class Fixed Income
Fund Inception Date 1/25/2024
Exchange NYSE Arca
Distribution Frequency Monthly
Fund Net Assets $2,491,570
Shares Outstanding 50,000
Median Spread 0.06%
Premium Discount Ratio 0.06%
Closing Price as of 02/28/2024 $49.81

Fees

Management Fee 0.19%
Acquired Fund Fees and Expenses 0.00%
Foreign Taxes and Other Expenses 0.00%
Expense Ratio 0.19%

Portfolio Characteristics

Number of Securities 292
Number of Issuers 203
Average Coupon 4.43%
Average Maturity 7.27 Years
* 30-Day SEC Yield is as of NA
Yield to Maturity 5.37%
Yield to Worst 5.36%
Option Adjusted Duration 5.82
Option Adjusted Spread 118
Spread Duration 5.87
30-Day SEC Yield* NA

Portfolio Breakdown

Corporates 96.9%
Cash and Equivalents 2.9%
Due to rounding, these values may exceed 100%

Index Details

Provider Name Bloomberg
Index Bloomberg US Corporate BBB 5-10 Year Index
Index Ticker I38368US
Index Market Cap $851.779B

Maturity Breakdown %

Credit Rating Breakdown %

Bloomberg index credit quality ratings are based on the middle rating of Moodys, S&P and Fitch, and range from AAA to C or D (depending on the agency issuing the rating). Investment-grade is represented by a rating of BBB- or above.

Holdings

Name Weight
T-MOBILE USA INC 2.65 %
VERIZON COMMUNICATIONS 2.53 %
AT&T INC 1.75 %
AMGEN INC 1.72 %
BARCLAYS PLC 1.70 %
ORACLE CORP 1.68 %
BROADCOM INC 1.62 %
CVS HEALTH CORP 1.50 %
CENTENE CORP 1.23 %
FORD MOTOR CREDIT CO LLC 1.22 %
Name CUSIP Market Value % of Net Assets
CASH CASH $71,225.89 2.860 %
T-MOBILE USA I 3.875% 04/15/30 87264ABF1 $18,864.18 0.760 %
DEUTSCHE TELEKO 8.75% 06/15/30 25156PAC7 $17,976.97 0.720 %
ENBRIDGE INC 6.2% 11/15/30 29250NBY0 $16,010.47 0.640 %
OCCIDENTAL PET 6.625% 09/01/30 674599ED3 $15,773.56 0.630 %
CITIGROUP INC V/R 05/25/34 17327CAR4 $15,343.14 0.620 %
BARCLAYS PLC V/R 05/09/34 06738ECG8 $15,478.75 0.620 %
HSBC HOLDINGS PLC V/R 06/20/34 404280DX4 $15,494.15 0.620 %
FISERV INC 5.625% 08/21/33 337738BH0 $15,220.53 0.610 %
AMGEN INC 5.25% 03/02/33 031162DR8 $14,975.09 0.600 %
CVS HEALTH CORP 5.25% 02/21/33 126650DU1 $14,853.48 0.600 %
VERIZON COMMUNI 5.05% 05/09/33 92343VGT5 $15,072.40 0.600 %
BOEING CO 5.15% 05/01/30 097023CY9 $15,014.51 0.600 %
VERIZON COMMUN 4.016% 12/03/29 92343VEU4 $14,359.05 0.580 %
ENERGY TRANSFER 3.75% 05/15/30 29278NAQ6 $13,861.89 0.560 %
MCDONALD'S CORP 3.6% 07/01/30 58013MFQ2 $13,981.50 0.560 %
WARNERMEDIA HO 4.279% 03/15/32 55903VBC6 $13,476.50 0.540 %
SUZANO AUSTRIA 3.75% 01/15/31 86964WAJ1 $13,220.14 0.530 %
ORACLE CORP 2.875% 03/25/31 68389XCE3 $13,119.03 0.530 %
AERCAP IRELAND C 3.3% 01/30/32 00774MAX3 $12,729.49 0.510 %
BANCO SANTANDER S V/R 11/22/32 05971KAL3 $12,518.17 0.500 %
BROADCOM INC 2.45% 02/15/31 11135FBH3 $12,508.27 0.500 %
BRITISH TEL 8.625% 12/15/30 111021AE1 $12,448.38 0.500 %
CENTENE CORP 2.5% 03/01/31 15135BAX9 $12,299.51 0.490 %
ORANGE SA 8.75% 03/01/31 35177PAL1 $12,077.90 0.480 %
ALLY FINANCIAL INC 8% 11/01/31 36186CBY8 $11,245.93 0.450 %
QUEST DIAGNOSTIC 6.4% 11/30/33 74834LBD1 $10,908.49 0.440 %
FORD MOTOR CRE 7.122% 11/07/33 345397D67 $10,893.04 0.440 %
TAPESTRY INC 7.85% 11/27/33 876030AF4 $11,051.85 0.440 %
FOX CORP 6.5% 10/13/33 35137LAN5 $10,754.50 0.430 %
FORD MOTOR CREDI 7.2% 06/10/30 345397D42 $10,697.64 0.430 %
DIAMONDBACK ENE 6.25% 03/15/33 25278XAV1 $10,821.96 0.430 %
ENERGY TRANSFER 6.55% 12/01/33 29273VAU4 $10,778.58 0.430 %
SYSCO CORPORATI 5.95% 04/01/30 871829BL0 $10,649.26 0.430 %
GILEAD SCIENCES 5.25% 10/15/33 375558BZ5 $10,355.44 0.420 %
BAT CAPITAL CO 6.343% 08/02/30 054989AA6 $10,394.05 0.420 %
CELANESE US HOL 6.55% 11/15/30 15089QAX2 $10,584.92 0.420 %
GE HEALTHCARE 5.905% 11/22/32 36267VAK9 $10,552.65 0.420 %
CAPITAL ONE FINAN V/R 06/08/34 14040HDA0 $10,438.95 0.420 %
LEIDOS INC 5.75% 03/15/33 52532XAJ4 $10,405.40 0.420 %
NOMURA HOLDING 6.181% 01/18/33 65535HBK4 $10,546.73 0.420 %
PACIFIC GAS & EL 6.4% 06/15/33 694308KM8 $10,536.67 0.420 %
COREBRIDGE FINA 6.05% 09/15/33 21871XAQ2 $10,485.30 0.420 %
MICRON TECHNOL 5.875% 09/15/33 595112CB7 $10,466.22 0.420 %
SOUTHERN CO GAS 5.75% 09/15/33 8426EPAG3 $10,513.24 0.420 %
WILLIAMS COMPAN 5.65% 03/15/33 969457CJ7 $10,424.76 0.420 %
EXTRA SPACE STOR 5.9% 01/15/31 30225VAR8 $10,386.97 0.420 %
GENERAL MOTORS 5.85% 04/06/30 37045XEG7 $10,366.66 0.420 %
PILGRIM'S PRIDE 6.25% 07/01/33 72147KAK4 $10,226.88 0.410 %
GENERAL MOTORS C 5.6% 10/15/32 37045VAZ3 $10,207.39 0.410 %
AMERICAN TOWER 5.65% 03/15/33 03027XBZ2 $10,315.82 0.410 %
VALE OVERSEAS 6.125% 06/12/33 91911TAR4 $10,241.35 0.410 %
ONEOK INC 6.05% 09/01/33 682680BL6 $10,319.76 0.410 %
MOTOROLA SOLUTIO 5.6% 06/01/32 620076BW8 $10,167.91 0.410 %
HP INC 5.5% 01/15/33 40434LAN5 $10,092.73 0.410 %
REGAL REXNORD CO 6.3% 02/15/30 758750AE3 $10,193.43 0.410 %
CHENIERE ENERGY 5.95% 06/30/33 16411QAP6 $10,149.11 0.410 %
BAT CAPITAL CO 6.421% 08/02/33 054989AB4 $10,309.70 0.410 %
CIGNA GROUP/THE 5.4% 03/15/33 125523CS7 $10,313.49 0.410 %
CROWN CASTLE INC 5.6% 06/01/29 22822VBD2 $10,185.64 0.410 %
AMERICAN ELECT 5.625% 03/01/33 025537AX9 $10,093.72 0.410 %
TARGA RESOURCES 6.15% 03/01/29 87612GAE1 $10,326.58 0.410 %
PARKER-HANNIFIN 4.5% 09/15/29 701094AS3 $9,995.72 0.400 %
DOLLAR GENERAL 5.45% 07/05/33 256677AP0 $10,021.93 0.400 %
HCA INC 5.5% 06/01/33 404119CQ0 $10,080.48 0.400 %
PRUDENTIAL FINANC V/R 09/01/52 744320BK7 $9,967.31 0.400 %
DEUTSCHE BANK NY V/R 02/10/34 251526CT4 $9,992.37 0.400 %
CVS HEALTH CORP 5.25% 01/30/31 126650DX5 $10,033.85 0.400 %
KINDER MORGAN IN 5.2% 06/01/33 49456BAX9 $9,847.00 0.400 %
RTX CORP 5.15% 02/27/33 75513ECR0 $9,908.71 0.400 %
FORD MOTOR COMPA 6.1% 08/19/32 345370DB3 $10,013.71 0.400 %
LOWE'S COS INC 5% 04/15/33 548661EL7 $10,044.49 0.400 %
AMGEN INC 5.25% 03/02/30 031162DQ0 $10,077.93 0.400 %
CAPITAL ONE FINAN V/R 05/10/33 14040HCT0 $9,873.31 0.400 %
GENERAL MILLS I 4.95% 03/29/33 370334CT9 $10,004.85 0.400 %
L3HARRIS TECH IN 5.4% 07/31/33 502431AQ2 $10,050.52 0.400 %
REPUBLIC SERVICES 5% 12/15/33 760759BH2 $9,944.72 0.400 %
T-MOBILE USA INC 5.2% 01/15/33 87264ACV5 $10,001.73 0.400 %
CLOROX COMPANY 4.6% 05/01/32 189054AZ2 $9,850.97 0.400 %
MORGAN STANLEY V/R 01/19/38 61747YFB6 $10,041.52 0.400 %
LOWE'S COS INC 4.5% 04/15/30 548661DU8 $9,887.04 0.400 %
HEALTHPEAK OP L 5.25% 12/15/32 42250PAE3 $9,891.62 0.400 %
NORTHROP GRUMMAN 4.7% 03/15/33 666807CH3 $9,873.39 0.400 %
FAIRFAX FINL H 5.625% 08/16/32 303901BL5 $9,866.98 0.400 %
ORACLE CORP 4.65% 05/06/30 68389XCN3 $9,888.72 0.400 %
T-MOBILE USA IN 5.05% 07/15/33 87264ACY9 $9,860.84 0.400 %
JBS USA/FOOD/FI 5.75% 04/01/33 46590XAY2 $9,932.64 0.400 %
NORFOLK SOUTHER 5.05% 08/01/30 655844CR7 $10,032.72 0.400 %
BROADCOM INC 4% 04/15/29 11135FBR1 $9,614.50 0.390 %
NXP BV/NXP FDG/NXP 5% 01/15/33 62954HBB3 $9,752.88 0.390 %
MORGAN STANLEY V/R 04/20/37 61747YES0 $9,736.96 0.390 %
AT&T INC 4.35% 03/01/29 00206RHJ4 $9,666.31 0.390 %
CHARTER COMM OP 5.05% 03/30/29 161175BR4 $9,780.51 0.390 %
RELX CAPITAL INC 4% 03/18/29 74949LAC6 $9,726.31 0.390 %
ORACLE CORP 4.9% 02/06/33 68389XCP8 $9,690.77 0.390 %
AUTOZONE INC 4.75% 02/01/33 053332BD3 $9,619.96 0.390 %
KEURIG DR PEPPE 3.95% 04/15/29 49271VAP5 $9,674.76 0.390 %
O'REILLY AUTOMOT 4.7% 06/15/32 67103HAL1 $9,751.82 0.390 %
MARRIOTT INTER 4.625% 06/15/30 571903BE2 $9,785.64 0.390 %
NEXTERA ENERGY 5.05% 02/28/33 65339KCP3 $9,751.19 0.390 %
AMERICAN WATER 4.45% 06/01/32 03040WBA2 $9,671.75 0.390 %
JBS USA/FOOD/FIN 5.5% 01/15/30 46590XAL0 $9,811.56 0.390 %
EVERSOURCE ENE 5.125% 05/15/33 30040WAU2 $9,802.72 0.390 %
ELEVANCE HEALTH 4.75% 02/15/33 28622HAB7 $9,676.04 0.390 %
AT&T INC 4.3% 02/15/30 00206RGQ9 $9,570.98 0.380 %
PACIFIC GAS & E 4.55% 07/01/30 694308JM0 $9,482.63 0.380 %
HUMANA INC 3.7% 03/23/29 444859BT8 $9,506.42 0.380 %
WARNERMEDIA HO 4.054% 03/15/29 55903VBB8 $9,440.64 0.380 %
EXELON CORP 4.05% 04/15/30 30161NAX9 $9,524.60 0.380 %
HSBC HOLDINGS PLC V/R 03/29/33 404280DC0 $9,379.32 0.380 %
BROADCOM INC 4.15% 11/15/30 11135FAQ4 $9,490.39 0.380 %
AMGEN INC 4.05% 08/18/29 031162DH0 $9,583.40 0.380 %
VICI PROPERTIE 5.125% 05/15/32 925650AD5 $9,558.94 0.380 %
KIMCO REALTY OP 4.6% 02/01/33 49446RBA6 $9,405.44 0.380 %
DUKE ENERGY CORP 4.5% 08/15/32 26441CBT1 $9,397.71 0.380 %
FIFTH THIRD BANCO V/R 07/28/30 316773DG2 $9,583.07 0.380 %
WEYERHAEUSER CO 4% 04/15/30 962166BY9 $9,490.86 0.380 %
CENTENE CORP 4.625% 12/15/29 15135BAT8 $9,568.84 0.380 %
BARCLAYS PLC V/R 06/20/30 06738EBK0 $9,575.44 0.380 %
DOMINION ENERG 3.375% 04/01/30 25746UDG1 $9,138.28 0.370 %
T-MOBILE USA I 3.375% 04/15/29 87264ABV6 $9,300.38 0.370 %
KEY BANK NA 5% 01/26/33 49327M3H5 $9,181.41 0.370 %
HCA INC 3.375% 03/15/29 404119CJ6 $9,266.97 0.370 %
WORKDAY INC 3.8% 04/01/32 98138HAJ0 $9,206.15 0.370 %
AMERICAN TOWER C 3.8% 08/15/29 03027XAW0 $9,271.27 0.370 %
HALEON US CAPI 3.625% 03/24/32 36264FAM3 $9,119.05 0.370 %
EQUINIX INC 3.9% 04/15/32 29444UBU9 $9,215.45 0.370 %
SOUTHERN CO 3.7% 04/30/30 842587DE4 $9,335.42 0.370 %
WESTERN MIDSTRE 4.05% 02/01/30 958667AC1 $9,307.30 0.370 %
T-MOBILE USA INC 3.5% 04/15/31 87264ABW4 $9,074.68 0.360 %
ESSEX PORTFOLIO LP 3% 01/15/30 29717PAU1 $8,855.41 0.360 %
VERIZON COMMUNI 3.15% 03/22/30 92343VFE9 $9,078.93 0.360 %
WELLTOWER OP LL 3.85% 06/15/32 95040QAR5 $9,043.12 0.360 %
GLOBAL PAYMENTS 3.2% 08/15/29 37940XAB8 $8,924.98 0.360 %
EBAY INC 2.7% 03/11/30 278642AW3 $8,868.46 0.360 %
HCA INC 3.5% 09/01/30 404119CA5 $8,939.56 0.360 %
HOST HOTELS & RE 3.5% 09/15/30 44107TAZ9 $8,985.30 0.360 %
ORACLE CORP 2.95% 04/01/30 68389XBV6 $8,945.69 0.360 %
ONEOK INC 3.1% 03/15/30 682680BB8 $8,999.04 0.360 %
BOSTON PROPERTIE 3.4% 06/21/29 10112RBB9 $8,915.63 0.360 %
CENTENE CORP 3.375% 02/15/30 15135BAV3 $8,852.29 0.360 %
AIR LEASE CORP 3.25% 10/01/29 00914AAE2 $9,053.57 0.360 %
SHERWIN-WILLIAM 2.95% 08/15/29 824348BJ4 $9,004.93 0.360 %
CHARTER COMM OPT 4.4% 04/01/33 161175CJ1 $8,923.75 0.360 %
T-MOBILE USA I 2.625% 02/15/29 87264ABS3 $8,894.29 0.360 %
WILLIS NORTH AM 2.95% 09/15/29 970648AJ0 $9,025.15 0.360 %
BOEING CO 3.625% 02/01/31 097023DC6 $8,990.93 0.360 %
LOWE'S COS INC 2.625% 04/01/31 548661EA1 $8,613.36 0.350 %
FORD MOTOR CREDI 2.9% 02/10/29 345397B93 $8,737.17 0.350 %
AON CORP 2.8% 05/15/30 037389BE2 $8,775.27 0.350 %
PARAMOUNT GLOBA 4.95% 01/15/31 92556HAB3 $8,720.52 0.350 %
BROADCOM INC 3.419% 04/15/33 11135FBK6 $8,657.67 0.350 %
DUKE ENERGY COR 2.45% 06/01/30 26441CBH7 $8,608.50 0.350 %
WASTE CONNECTION 3.2% 06/01/32 94106BAE1 $8,789.19 0.350 %
CARRIER GLOBAL 2.722% 02/15/30 14448CAQ7 $8,765.88 0.350 %
MONDELEZ INTERNATI 3% 03/17/32 609207BB0 $8,743.09 0.350 %
QUANTA SERVICES 2.9% 10/01/30 74762EAF9 $8,760.01 0.350 %
STARBUCKS CORP 2.25% 03/12/30 855244AW9 $8,652.86 0.350 %
DEUTSCHE BANK NY V/R 09/18/31 251526CD9 $8,827.67 0.350 %
AERCAP IRELAND C 3.4% 10/29/33 00774MAY1 $8,413.09 0.340 %
MPLX LP 2.65% 08/15/30 55336VBQ2 $8,519.12 0.340 %
AMGEN INC 2.3% 02/25/31 031162CW8 $8,375.38 0.340 %
FEDEX CORP 2.4% 05/15/31 31428XCD6 $8,417.83 0.340 %
AT&T INC 2.75% 06/01/31 00206RJY9 $8,587.58 0.340 %
KROGER CO 2.2% 05/01/30 501044DP3 $8,493.20 0.340 %
FIDELITY NATL I 2.25% 03/01/31 31620MBT2 $8,371.59 0.340 %
AMCOR FLEXIBLES 2.69% 05/25/31 02344AAA6 $8,494.09 0.340 %
NEWMONT CORP 2.25% 10/01/30 651639AY2 $8,458.44 0.340 %
TAKEDA PHARMACE 2.05% 03/31/30 874060AX4 $8,496.13 0.340 %
DOW CHEMICAL CO/ 2.1% 11/15/30 260543DC4 $8,402.34 0.340 %
VERIZON COMMUNI 2.55% 03/21/31 92343VGJ7 $8,541.62 0.340 %
OMNICOM GROUP IN 2.6% 08/01/31 681919BD7 $8,411.39 0.340 %
GENERAL MOTORS F 2.7% 06/10/31 37045XDL7 $8,290.06 0.330 %
CONSTELLATION B 2.25% 08/01/31 21036PBH0 $8,179.21 0.330 %
BARCLAYS PLC V/R 03/10/32 06738EBR5 $8,293.03 0.330 %
VERIZON COMMUN 2.355% 03/15/32 92343VGN8 $8,211.63 0.330 %
TRANSCANADA PIPE 2.5% 10/12/31 89352HBC2 $8,298.27 0.330 %
PUBLIC SERVICE 2.45% 11/15/31 744573AU0 $8,206.00 0.330 %
PIONEER NATURAL 1.9% 08/15/30 723787AQ0 $8,334.22 0.330 %
WESTPAC BANKING C V/R 11/15/35 961214EP4 $8,232.38 0.330 %
PACIFIC GAS & EL 2.5% 02/01/31 694308JG3 $8,216.88 0.330 %
JEFFERIES FIN 2.625% 10/15/31 47233JGT9 $8,274.08 0.330 %
REGENERON PHARM 1.75% 09/15/30 75886FAE7 $8,162.26 0.330 %
BAXTER INTERNA 2.539% 02/01/32 071813CS6 $8,214.32 0.330 %
GLP CAPITAL LP 3.25% 01/15/32 361841AR0 $8,330.39 0.330 %
BECTON DICKINS 1.957% 02/11/31 075887CL1 $8,151.56 0.330 %
AMERICAN TOWER 1.875% 10/15/30 03027XBG4 $8,107.24 0.330 %
VERIZON COMMUNI 1.75% 01/20/31 92343VFR0 $8,029.15 0.320 %
CVS HEALTH COR 1.875% 02/28/31 126650DQ0 $8,036.11 0.320 %
ROPER TECHNOLOG 1.75% 02/15/31 776743AL0 $7,997.66 0.320 %
OMEGA HLTHCARE 3.25% 04/15/33 681936BN9 $8,094.47 0.320 %
VMWARE LLC 2.2% 08/15/31 928563AL9 $8,072.78 0.320 %
AT&T INC 2.25% 02/01/32 00206RKH4 $8,036.64 0.320 %
AT&T INC 2.55% 12/01/33 00206RMM1 $7,956.02 0.320 %
SYNCHRONY FINA 2.875% 10/28/31 87165BAR4 $7,944.65 0.320 %
ALEXANDRIA REA 1.875% 02/01/33 015271AV1 $7,495.18 0.300 %
SPRINT CAPITAL 8.75% 03/15/32 852060AT9 $6,239.63 0.250 %
GENERAL ELECTRI 6.75% 03/15/32 36962GXZ2 $5,702.88 0.230 %
HESS CORP 7.3% 08/15/31 023551AJ3 $5,638.25 0.230 %
CAPITAL ONE FINAN V/R 10/30/31 14040HDC6 $5,608.97 0.230 %
DISCOVER FINANCIA V/R 11/02/34 254709AT5 $5,747.53 0.230 %
KINDER MORGAN I 7.75% 01/15/32 28368EAE6 $5,683.88 0.230 %
LLOYDS BANKING GR V/R 11/15/33 539439AW9 $5,692.36 0.230 %
WESTPAC BANKING 6.82% 11/17/33 961214FP3 $5,459.91 0.220 %
ARCELORMITTAL SA 6.8% 11/29/32 03938LBF0 $5,371.14 0.220 %
ALTRIA GROUP I 6.875% 11/01/33 02209SBR3 $5,514.38 0.220 %
EDISON INTERNAT 6.95% 11/15/29 281020AW7 $5,436.76 0.220 %
MICRON TECHNOLO 6.75% 11/01/29 595112BV4 $5,420.08 0.220 %
JM SMUCKER CO 6.2% 11/15/33 832696AX6 $5,392.95 0.220 %
NETFLIX INC 6.375% 05/15/29 64110LAX4 $5,403.15 0.220 %
DELL INT LLC / E 5.3% 10/01/29 24703TAG1 $5,141.87 0.210 %
TARGA RESOURCE 6.125% 03/15/33 87612GAC5 $5,294.35 0.210 %
NATIONAL GRID 5.809% 06/12/33 636274AE2 $5,117.46 0.210 %
IQVIA INC 6.25% 02/01/29 46266TAF5 $5,169.68 0.210 %
FORTUNE BRANDS 5.875% 06/01/33 34964CAH9 $5,138.74 0.210 %
RTX CORP 6% 03/15/31 75513ECV1 $5,299.06 0.210 %
MARVELL TECHNOL 5.95% 09/15/33 573874AQ7 $5,291.13 0.210 %
OVINTIV INC 6.25% 07/15/33 69047QAC6 $5,185.35 0.210 %
DELL INT LLC / 5.75% 02/01/33 24703DBL4 $5,167.84 0.210 %
LYB INT FINANC 5.625% 05/15/33 50249AAL7 $5,149.30 0.210 %
ATHENE HOLDING 6.15% 04/03/30 04686JAB7 $5,278.59 0.210 %
CELANESE US HOLD 6.7% 11/15/33 15089QAY0 $5,352.73 0.210 %
FMC CORP 5.65% 05/18/33 302491AX3 $4,912.83 0.200 %
REPUBLIC SERVI 4.875% 04/01/29 760759BB5 $5,081.22 0.200 %
INTERPUBLIC GRO 4.75% 03/30/30 460690BR0 $4,957.76 0.200 %
DOMINION ENERG 5.375% 11/15/32 25746UDR7 $5,051.23 0.200 %
ATHENE HOLDING 5.875% 01/15/34 04686JAG6 $5,024.48 0.200 %
CSX CORP 4.25% 03/15/29 126408HM8 $4,965.11 0.200 %
ARES CAPITAL C 5.875% 03/01/29 04010LBF9 $4,920.10 0.200 %
BARCLAYS PLC V/R 08/09/33 06738ECA1 $4,962.36 0.200 %
TRACTOR SUPPLY 5.25% 05/15/33 892356AB2 $5,040.45 0.200 %
PHILLIPS 66 CO 5.3% 06/30/33 718547AR3 $5,007.35 0.200 %
AON CORP/AON GL 5.35% 02/28/33 03740LAG7 $4,986.74 0.200 %
ALLSTATE CORP 5.25% 03/30/33 020002BK6 $5,092.61 0.200 %
GEORGIA POWER C 4.95% 05/17/33 373334KT7 $4,958.23 0.200 %
STARBUCKS CORP 4.8% 02/15/33 855244BF5 $4,927.91 0.200 %
NEXTERA ENERGY CAP 5% 02/28/30 65339KCN8 $4,960.25 0.200 %
CONSTELLATION BR 4.9% 05/01/33 21036PBP2 $4,928.77 0.200 %
CROWN CASTLE INC 5.1% 05/01/33 22822VBC4 $4,913.40 0.200 %
HEICO CORP 5.35% 08/01/33 422806AB5 $4,993.44 0.200 %
XCEL ENERGY INC 5.45% 08/15/33 98389BBA7 $5,010.89 0.200 %
GLOBAL PAYMENTS 5.3% 08/15/29 37940XAN2 $4,958.27 0.200 %
TRANE TECH FIN 5.25% 03/03/33 892938AA9 $5,051.83 0.200 %
AMPHENOL CORP 4.35% 06/01/29 032095AH4 $4,920.74 0.200 %
MPLX LP 5% 03/01/33 55336VBV1 $4,793.33 0.190 %
BRIXMOR OPERAT 4.125% 05/15/29 11120VAH6 $4,733.84 0.190 %
MOODY'S CORPORA 4.25% 08/08/32 615369AZ8 $4,740.63 0.190 %
LEGGETT & PLATT 4.4% 03/15/29 524660AZ0 $4,841.21 0.190 %
GATX CORP 4% 06/30/30 361448BF9 $4,669.74 0.190 %
CNA FINANCIAL CO 3.9% 05/01/29 126117AV2 $4,764.87 0.190 %
M&T BANK CORPORAT V/R 01/27/34 55261FAR5 $4,613.74 0.190 %
STEEL DYNAMICS 3.45% 04/15/30 858119BK5 $4,614.95 0.190 %
REINSURANCE GRP 3.9% 05/15/29 759351AN9 $4,772.46 0.190 %
NISOURCE INC 3.6% 05/01/30 65473PAJ4 $4,642.49 0.190 %
SABINE PASS LIQU 4.5% 05/15/30 785592AX4 $4,850.99 0.190 %
NOMURA HOLDING 3.103% 01/16/30 65535HAQ2 $4,406.85 0.180 %
CHENIERE ENERGY PA 4% 03/01/31 16411QAK7 $4,467.03 0.180 %
HALLIBURTON CO 2.92% 03/01/30 406216BL4 $4,443.58 0.180 %
NXP BV/NXP FDG/N 3.4% 05/01/30 62954HAY4 $4,537.98 0.180 %
EXPEDIA GROUP I 3.25% 02/15/30 30212PAR6 $4,462.63 0.180 %
EQUINIX INC 3.2% 11/18/29 29444UBE5 $4,540.82 0.180 %
CDW LLC/CDW FI 3.569% 12/01/31 12513GBJ7 $4,375.73 0.180 %
CITIZENS FINANC 3.25% 04/30/30 174610AT2 $4,369.85 0.180 %
ALTRIA GROUP INC 3.4% 05/06/30 02209SBJ1 $4,550.52 0.180 %
CVS HEALTH CORP 3.25% 08/15/29 126650DG2 $4,553.70 0.180 %
BANK OF NOVA SCOT V/R 05/04/37 06417XAG6 $4,551.88 0.180 %
LINCOLN NATIONAL 3.4% 01/15/31 534187BK4 $4,394.08 0.180 %
ROGERS COMMUNICA 3.8% 03/15/32 775109CH2 $4,532.40 0.180 %
CANADIAN PACIFI 2.45% 12/02/31 13645RBF0 $4,549.36 0.180 %
WILLIAMS COMPANI 3.5% 11/15/30 969457BX7 $4,566.03 0.180 %
AMPHENOL CORP 2.2% 09/15/31 032095AL5 $4,148.00 0.170 %
MARTIN MARIETTA 2.4% 07/15/31 573284AW6 $4,153.01 0.170 %
BOSTON PROPERTI 3.25% 01/30/31 10112RBD5 $4,223.83 0.170 %
BROADRIDGE FINAN 2.6% 05/01/31 11133TAE3 $4,237.18 0.170 %
ELEVANCE HEALTH 2.25% 05/15/30 036752AN3 $4,280.81 0.170 %
BARCLAYS PLC V/R 09/23/35 06738EBP9 $4,280.35 0.170 %
MIZUHO FINANCI 2.564% 09/13/31 60687YBU2 $4,115.41 0.170 %
TEXTRON INC 2.45% 03/15/31 883203CC3 $4,233.23 0.170 %
SANDS CHINA LTD 3.25% 08/08/31 80007RAS4 $4,167.45 0.170 %
STANLEY BLACK & DE 3% 05/15/32 854502AQ4 $4,264.25 0.170 %
WESTERN DIGITAL 2.85% 02/01/29 958102AQ8 $4,224.42 0.170 %
SUMITOMO MITSU 2.142% 09/23/30 86562MBZ2 $4,151.77 0.170 %
CENCORA INC 2.7% 03/15/31 03073EAT2 $4,326.45 0.170 %
BROWN & BROWN 2.375% 03/15/31 115236AC5 $4,141.15 0.170 %
AGILENT TECHNOLO 2.3% 03/12/31 00846UAN1 $4,221.03 0.170 %
ENTERGY CORP 2.8% 06/15/30 29364GAL7 $4,350.96 0.170 %
CI FINANCIAL COR 3.2% 12/17/30 125491AN0 $3,999.21 0.160 %
MARRIOTT INTERN 2.75% 10/15/33 571903BH5 $4,079.11 0.160 %
VENTAS REALTY LP 2.5% 09/01/31 92277GAW7 $4,077.32 0.160 %
CENOVUS ENERGY 2.65% 01/15/32 15135UAW9 $4,101.36 0.160 %
TRITON CONTAINE 3.25% 03/15/32 89681LAA0 $4,054.39 0.160 %
INVITATION HOMES O 2% 08/15/31 46188BAA0 $3,903.96 0.160 %
COPT DEFENSE PR 2.75% 04/15/31 22003BAM8 $4,093.34 0.160 %
As of 02/28/2024 and subject to change.

Performance

Growth Of $10,000 Since Inception

The Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Distributions

Ex-Date Record Date Pay Date Distribution Paid
(Per Share)
- - - -

Option Adjusted Duration is a measure of the potential responsiveness of a bond or portfolio price to parallel shifts in interest rates.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Market Price: Inception date for Market Price Calculation is as of 9/13/22. Market Returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

NAV: Inception date for NAV calculation is as of 9/13/22.

Number of Countries: The number of unique countries that have issued bonds represented in the fund.

Spread to Worst: Spread to worst is a bond’s yield to worst minus the yield at a point on the fair value government yield curve that corresponds to the bond’s expected redemption date.

NAV: Inception date for NAV calculation is as of 2/15/22.

Premium Discount disclosure to be added here.

Index disclosure to be added here.

Market Price: Inception date for Market Price Calculation is as of 2/17/22. Market Returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

Total return disclosure to be added here.

The Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Index Market Cap represents aggregate market value of bonds in the underlying index.

The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made per the past twelve months.

30 Day SEC Yield: A standard calculation of yield introduced by the SEC in order to provide fairer comparison among funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the Fund’s expenses for the period. It does not reflect the yield an investor would have received if they had held the Fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time.

Spread Duration is a measure of the potential responsiveness of a bond or portfolio price to changes in credit spread.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Option Adjusted Spread (OAS): For a bond, the option-adjusted spread is the measurement of the spread between the bond and the underlying government yield curve. For an Index, the average of its constituent security government option-adjusted spreads, weighted by full market value. 

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Yield to Worst: The bond yield computed by using the lower of either the yield to maturity or the yield to call on every possible call date.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Yield to Maturity: The discount rate that equates the present value of a bond’s cash flows with its market price (including accrued interest). The Fund Average Yield to Maturity is the weighted average of the fund’s individual bond holding yields based on Net Asset Value (‘NAV’). The measure does not include fees and expenses. For callable bonds, this yield is the yield-to-worst.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Average Maturity: The average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

Average Coupon: The average coupon rate of the underlying bonds in the fund, weighted by each bond’s face value.

Number of Issuers: The number of unique companies that have issued bonds represented in the fund (distinct from the number of issues from a company).

Expense Ratio: As stated in the Fund’s current prospectus.

Acquired Fund Fees and Expenses (“AFFE”) reflect the Fund’s pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.

NAIC Rating: Property of the National Association of Insurance Commissioners (NAIC) and are redistributed here under License. An NAIC Designation is a proprietary symbol used by the NAIC Securities Valuation Office (SVO) to denote a category or band of credit risk (i.e., the likelihood of repayment in accordance with a written contract) for an issuer or for a security. NAIC Designations may be notched up or down to reflect the position of a specific liability in the issuer’s capital structure and/or the existence of other non-payment risk in the specific security. Under NAIC reporting rules, shares of an ETF are presumed to be reportable as common stock. The SVO may classify an ETF as a bond or preferred stock and assign it an NAIC Designation if it meets defined criteria. For a discussion of these criteria please call the SVO or refer to the Purposes and Procedures Manual of the NAIC Investment Analysis Office. The assignment of an NAIC Designation is not a recommendation to purchase the ETF and is not intended to convey approval or endorsement of the ETF Sponsor or the ETF by the NAIC.

The Securities Valuation Office (“SVO”) of the National Association of Insurance Commissioners (“NAIC”) assesses the credit quality of fixed income securities owned by state-regulated insurance companies and assigns appropriate NAIC designations, ranging from the highest quality of “1” to the lowest of “6.”  For more information visit https://content.naic.org/