BondBloxx Logo
BBBI

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Net asset value

$49.78

EXPENSE RATIO

0.19%

Yield to Maturity

5.38%

30-Day Sec Yield

NA
ALL DATA AS OF 02/27/2024, 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 $2,488,976
Shares Outstanding 50,000
Median Spread 0.06%
Premium Discount Ratio 0.06%
Closing Price as of 02/27/2024 $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 7.28 Years
* 30-Day SEC Yield is as of NA
Yield to Maturity 5.38%
Yield to Worst 5.38%
Option Adjusted Duration 5.83
Option Adjusted Spread 115
Spread Duration 5.88
30-Day SEC Yield* NA

Portfolio Breakdown

Corporates 97%
Cash and Equivalents 2.8%
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 $849.141B

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 2.55 %
AMGEN INC 1.75 %
AT&T INC 1.75 %
BARCLAYS PLC 1.71 %
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 $70,444.60 2.830 %
T-MOBILE USA I 3.875% 04/15/30 87264ABF1 $18,840.49 0.760 %
DEUTSCHE TELEKO 8.75% 06/15/30 25156PAC7 $17,943.06 0.720 %
ENBRIDGE INC 6.2% 11/15/30 29250NBY0 $15,983.15 0.640 %
OCCIDENTAL PET 6.625% 09/01/30 674599ED3 $15,772.75 0.630 %
HSBC HOLDINGS PLC V/R 06/20/34 404280DX4 $15,502.79 0.620 %
CITIGROUP INC V/R 05/25/34 17327CAR4 $15,356.15 0.620 %
BARCLAYS PLC V/R 05/09/34 06738ECG8 $15,463.36 0.620 %
AMGEN INC 5.25% 03/02/33 031162DR8 $15,344.63 0.620 %
VERIZON COMMUNI 5.05% 05/09/33 92343VGT5 $15,068.53 0.610 %
FISERV INC 5.625% 08/21/33 337738BH0 $15,195.12 0.610 %
BOEING CO 5.15% 05/01/30 097023CY9 $15,012.06 0.600 %
CVS HEALTH CORP 5.25% 02/21/33 126650DU1 $14,833.96 0.600 %
VERIZON COMMUN 4.016% 12/03/29 92343VEU4 $14,337.10 0.580 %
MCDONALD'S CORP 3.6% 07/01/30 58013MFQ2 $13,971.46 0.560 %
ENERGY TRANSFER 3.75% 05/15/30 29278NAQ6 $13,841.04 0.560 %
WARNERMEDIA HO 4.279% 03/15/32 55903VBC6 $13,491.60 0.540 %
SUZANO AUSTRIA 3.75% 01/15/31 86964WAJ1 $13,181.48 0.530 %
ORACLE CORP 2.875% 03/25/31 68389XCE3 $13,103.03 0.530 %
AERCAP IRELAND C 3.3% 01/30/32 00774MAX3 $12,734.17 0.510 %
BRITISH TEL 8.625% 12/15/30 111021AE1 $12,421.49 0.500 %
BANCO SANTANDER S V/R 11/22/32 05971KAL3 $12,484.80 0.500 %
BROADCOM INC 2.45% 02/15/31 11135FBH3 $12,482.66 0.500 %
ORANGE SA 8.75% 03/01/31 35177PAL1 $12,076.04 0.490 %
CENTENE CORP 2.5% 03/01/31 15135BAX9 $12,294.10 0.490 %
ALLY FINANCIAL INC 8% 11/01/31 36186CBY8 $11,220.32 0.450 %
TAPESTRY INC 7.85% 11/27/33 876030AF4 $11,062.90 0.440 %
QUEST DIAGNOSTIC 6.4% 11/30/33 74834LBD1 $10,885.68 0.440 %
FORD MOTOR CRE 7.122% 11/07/33 345397D67 $10,868.38 0.440 %
FORD MOTOR CREDI 7.2% 06/10/30 345397D42 $10,719.55 0.430 %
FOX CORP 6.5% 10/13/33 35137LAN5 $10,748.68 0.430 %
ENERGY TRANSFER 6.55% 12/01/33 29273VAU4 $10,772.71 0.430 %
SYSCO CORPORATI 5.95% 04/01/30 871829BL0 $10,632.74 0.430 %
DIAMONDBACK ENE 6.25% 03/15/33 25278XAV1 $10,806.75 0.430 %
COREBRIDGE FINA 6.05% 09/15/33 21871XAQ2 $10,473.32 0.420 %
GILEAD SCIENCES 5.25% 10/15/33 375558BZ5 $10,333.69 0.420 %
SOUTHERN CO GAS 5.75% 09/15/33 8426EPAG3 $10,490.99 0.420 %
PACIFIC GAS & EL 6.4% 06/15/33 694308KM8 $10,520.68 0.420 %
CELANESE US HOL 6.55% 11/15/30 15089QAX2 $10,569.44 0.420 %
EXTRA SPACE STOR 5.9% 01/15/31 30225VAR8 $10,359.40 0.420 %
CAPITAL ONE FINAN V/R 06/08/34 14040HDA0 $10,431.39 0.420 %
GENERAL MOTORS 5.85% 04/06/30 37045XEG7 $10,339.62 0.420 %
WILLIAMS COMPAN 5.65% 03/15/33 969457CJ7 $10,408.36 0.420 %
BAT CAPITAL CO 6.421% 08/02/33 054989AB4 $10,334.88 0.420 %
GE HEALTHCARE 5.905% 11/22/32 36267VAK9 $10,526.44 0.420 %
MICRON TECHNOL 5.875% 09/15/33 595112CB7 $10,445.74 0.420 %
BAT CAPITAL CO 6.343% 08/02/30 054989AA6 $10,378.14 0.420 %
LEIDOS INC 5.75% 03/15/33 52532XAJ4 $10,401.85 0.420 %
NOMURA HOLDING 6.181% 01/18/33 65535HBK4 $10,523.89 0.420 %
AMERICAN ELECT 5.625% 03/01/33 025537AX9 $10,082.70 0.410 %
ONEOK INC 6.05% 09/01/33 682680BL6 $10,322.35 0.410 %
VALE OVERSEAS 6.125% 06/12/33 91911TAR4 $10,249.63 0.410 %
REGAL REXNORD CO 6.3% 02/15/30 758750AE3 $10,186.76 0.410 %
GENERAL MOTORS C 5.6% 10/15/32 37045VAZ3 $10,190.68 0.410 %
TARGA RESOURCES 6.15% 03/01/29 87612GAE1 $10,309.92 0.410 %
CHENIERE ENERGY 5.95% 06/30/33 16411QAP6 $10,143.68 0.410 %
AMGEN INC 5.25% 03/02/30 031162DQ0 $10,317.14 0.410 %
CROWN CASTLE INC 5.6% 06/01/29 22822VBD2 $10,186.75 0.410 %
MOTOROLA SOLUTIO 5.6% 06/01/32 620076BW8 $10,157.69 0.410 %
CIGNA GROUP/THE 5.4% 03/15/33 125523CS7 $10,286.41 0.410 %
AMERICAN TOWER 5.65% 03/15/33 03027XBZ2 $10,327.89 0.410 %
PILGRIM'S PRIDE 6.25% 07/01/33 72147KAK4 $10,206.81 0.410 %
LOWE'S COS INC 5% 04/15/33 548661EL7 $10,036.45 0.400 %
T-MOBILE USA INC 5.2% 01/15/33 87264ACV5 $9,984.54 0.400 %
MORGAN STANLEY V/R 01/19/38 61747YFB6 $10,040.90 0.400 %
CLOROX COMPANY 4.6% 05/01/32 189054AZ2 $9,833.59 0.400 %
HEALTHPEAK OP L 5.25% 12/15/32 42250PAE3 $9,876.04 0.400 %
CVS HEALTH CORP 5.25% 01/30/31 126650DX5 $10,018.54 0.400 %
NORTHROP GRUMMAN 4.7% 03/15/33 666807CH3 $9,854.22 0.400 %
NORFOLK SOUTHER 5.05% 08/01/30 655844CR7 $10,006.51 0.400 %
L3HARRIS TECH IN 5.4% 07/31/33 502431AQ2 $10,053.49 0.400 %
FAIRFAX FINL H 5.625% 08/16/32 303901BL5 $9,852.93 0.400 %
ORACLE CORP 4.65% 05/06/30 68389XCN3 $9,865.37 0.400 %
DEUTSCHE BANK NY V/R 02/10/34 251526CT4 $10,044.37 0.400 %
JBS USA/FOOD/FI 5.75% 04/01/33 46590XAY2 $9,935.99 0.400 %
REPUBLIC SERVICES 5% 12/15/33 760759BH2 $9,919.79 0.400 %
DOLLAR GENERAL 5.45% 07/05/33 256677AP0 $10,000.97 0.400 %
T-MOBILE USA IN 5.05% 07/15/33 87264ACY9 $9,840.80 0.400 %
CAPITAL ONE FINAN V/R 05/10/33 14040HCT0 $9,873.22 0.400 %
PARKER-HANNIFIN 4.5% 09/15/29 701094AS3 $9,979.83 0.400 %
LOWE'S COS INC 4.5% 04/15/30 548661DU8 $9,866.47 0.400 %
HCA INC 5.5% 06/01/33 404119CQ0 $10,059.64 0.400 %
RTX CORP 5.15% 02/27/33 75513ECR0 $9,885.38 0.400 %
FORD MOTOR COMPA 6.1% 08/19/32 345370DB3 $10,000.15 0.400 %
PRUDENTIAL FINANC V/R 09/01/52 744320BK7 $9,967.28 0.400 %
GENERAL MILLS I 4.95% 03/29/33 370334CT9 $9,986.78 0.400 %
HP INC 5.5% 01/15/33 40434LAN5 $10,079.93 0.400 %
NXP BV/NXP FDG/NXP 5% 01/15/33 62954HBB3 $9,731.03 0.390 %
O'REILLY AUTOMOT 4.7% 06/15/32 67103HAL1 $9,738.87 0.390 %
ELEVANCE HEALTH 4.75% 02/15/33 28622HAB7 $9,661.56 0.390 %
AMERICAN WATER 4.45% 06/01/32 03040WBA2 $9,663.79 0.390 %
EVERSOURCE ENE 5.125% 05/15/33 30040WAU2 $9,792.42 0.390 %
KINDER MORGAN IN 5.2% 06/01/33 49456BAX9 $9,830.12 0.390 %
CHARTER COMM OP 5.05% 03/30/29 161175BR4 $9,789.52 0.390 %
JBS USA/FOOD/FIN 5.5% 01/15/30 46590XAL0 $9,804.64 0.390 %
NEXTERA ENERGY 5.05% 02/28/33 65339KCP3 $9,754.35 0.390 %
AUTOZONE INC 4.75% 02/01/33 053332BD3 $9,604.25 0.390 %
KEURIG DR PEPPE 3.95% 04/15/29 49271VAP5 $9,666.45 0.390 %
AT&T INC 4.35% 03/01/29 00206RHJ4 $9,657.28 0.390 %
FIFTH THIRD BANCO V/R 07/28/30 316773DG2 $9,584.29 0.390 %
ORACLE CORP 4.9% 02/06/33 68389XCP8 $9,687.58 0.390 %
MARRIOTT INTER 4.625% 06/15/30 571903BE2 $9,780.04 0.390 %
BROADCOM INC 4% 04/15/29 11135FBR1 $9,602.39 0.390 %
BARCLAYS PLC V/R 06/20/30 06738EBK0 $9,593.45 0.390 %
MORGAN STANLEY V/R 04/20/37 61747YES0 $9,744.85 0.390 %
RELX CAPITAL INC 4% 03/18/29 74949LAC6 $9,717.69 0.390 %
PACIFIC GAS & E 4.55% 07/01/30 694308JM0 $9,465.01 0.380 %
DUKE ENERGY CORP 4.5% 08/15/32 26441CBT1 $9,389.47 0.380 %
HSBC HOLDINGS PLC V/R 03/29/33 404280DC0 $9,416.62 0.380 %
HUMANA INC 3.7% 03/23/29 444859BT8 $9,493.25 0.380 %
KIMCO REALTY OP 4.6% 02/01/33 49446RBA6 $9,381.92 0.380 %
WARNERMEDIA HO 4.054% 03/15/29 55903VBB8 $9,430.59 0.380 %
AT&T INC 4.3% 02/15/30 00206RGQ9 $9,560.99 0.380 %
VICI PROPERTIE 5.125% 05/15/32 925650AD5 $9,553.98 0.380 %
WEYERHAEUSER CO 4% 04/15/30 962166BY9 $9,496.82 0.380 %
AMGEN INC 4.05% 08/18/29 031162DH0 $9,544.53 0.380 %
BROADCOM INC 4.15% 11/15/30 11135FAQ4 $9,468.54 0.380 %
CENTENE CORP 4.625% 12/15/29 15135BAT8 $9,565.02 0.380 %
EXELON CORP 4.05% 04/15/30 30161NAX9 $9,500.52 0.380 %
DOMINION ENERG 3.375% 04/01/30 25746UDG1 $9,126.17 0.370 %
T-MOBILE USA I 3.375% 04/15/29 87264ABV6 $9,292.79 0.370 %
WESTERN MIDSTRE 4.05% 02/01/30 958667AC1 $9,298.96 0.370 %
HCA INC 3.375% 03/15/29 404119CJ6 $9,272.20 0.370 %
SOUTHERN CO 3.7% 04/30/30 842587DE4 $9,310.87 0.370 %
VERIZON COMMUNI 3.15% 03/22/30 92343VFE9 $9,086.29 0.370 %
KEY BANK NA 5% 01/26/33 49327M3H5 $9,168.04 0.370 %
AMERICAN TOWER C 3.8% 08/15/29 03027XAW0 $9,275.34 0.370 %
HALEON US CAPI 3.625% 03/24/32 36264FAM3 $9,110.05 0.370 %
WORKDAY INC 3.8% 04/01/32 98138HAJ0 $9,189.53 0.370 %
EQUINIX INC 3.9% 04/15/32 29444UBU9 $9,210.18 0.370 %
SHERWIN-WILLIAM 2.95% 08/15/29 824348BJ4 $8,987.50 0.360 %
ESSEX PORTFOLIO LP 3% 01/15/30 29717PAU1 $8,846.48 0.360 %
WELLTOWER OP LL 3.85% 06/15/32 95040QAR5 $9,030.13 0.360 %
HCA INC 3.5% 09/01/30 404119CA5 $8,921.46 0.360 %
BOSTON PROPERTIE 3.4% 06/21/29 10112RBB9 $8,901.16 0.360 %
T-MOBILE USA INC 3.5% 04/15/31 87264ABW4 $9,071.45 0.360 %
WILLIS NORTH AM 2.95% 09/15/29 970648AJ0 $9,023.50 0.360 %
BOEING CO 3.625% 02/01/31 097023DC6 $8,974.88 0.360 %
CHARTER COMM OPT 4.4% 04/01/33 161175CJ1 $8,955.87 0.360 %
AIR LEASE CORP 3.25% 10/01/29 00914AAE2 $9,038.45 0.360 %
ONEOK INC 3.1% 03/15/30 682680BB8 $8,985.97 0.360 %
T-MOBILE USA I 2.625% 02/15/29 87264ABS3 $8,883.40 0.360 %
EBAY INC 2.7% 03/11/30 278642AW3 $8,857.27 0.360 %
GLOBAL PAYMENTS 3.2% 08/15/29 37940XAB8 $8,909.91 0.360 %
CENTENE CORP 3.375% 02/15/30 15135BAV3 $8,848.40 0.360 %
ORACLE CORP 2.95% 04/01/30 68389XBV6 $8,934.57 0.360 %
HOST HOTELS & RE 3.5% 09/15/30 44107TAZ9 $8,964.48 0.360 %
PARAMOUNT GLOBA 4.95% 01/15/31 92556HAB3 $8,825.94 0.350 %
AON CORP 2.8% 05/15/30 037389BE2 $8,777.13 0.350 %
QUANTA SERVICES 2.9% 10/01/30 74762EAF9 $8,746.02 0.350 %
DEUTSCHE BANK NY V/R 09/18/31 251526CD9 $8,817.31 0.350 %
MONDELEZ INTERNATI 3% 03/17/32 609207BB0 $8,724.11 0.350 %
STARBUCKS CORP 2.25% 03/12/30 855244AW9 $8,637.34 0.350 %
WASTE CONNECTION 3.2% 06/01/32 94106BAE1 $8,785.11 0.350 %
BROADCOM INC 3.419% 04/15/33 11135FBK6 $8,642.42 0.350 %
CARRIER GLOBAL 2.722% 02/15/30 14448CAQ7 $8,750.40 0.350 %
FORD MOTOR CREDI 2.9% 02/10/29 345397B93 $8,729.26 0.350 %
LOWE'S COS INC 2.625% 04/01/31 548661EA1 $8,610.25 0.350 %
NEWMONT CORP 2.25% 10/01/30 651639AY2 $8,451.92 0.340 %
MPLX LP 2.65% 08/15/30 55336VBQ2 $8,508.15 0.340 %
AT&T INC 2.75% 06/01/31 00206RJY9 $8,572.24 0.340 %
FIDELITY NATL I 2.25% 03/01/31 31620MBT2 $8,360.93 0.340 %
OMNICOM GROUP IN 2.6% 08/01/31 681919BD7 $8,400.35 0.340 %
FEDEX CORP 2.4% 05/15/31 31428XCD6 $8,417.25 0.340 %
TAKEDA PHARMACE 2.05% 03/31/30 874060AX4 $8,469.47 0.340 %
KROGER CO 2.2% 05/01/30 501044DP3 $8,478.53 0.340 %
DOW CHEMICAL CO/ 2.1% 11/15/30 260543DC4 $8,384.88 0.340 %
DUKE ENERGY COR 2.45% 06/01/30 26441CBH7 $8,584.81 0.340 %
VERIZON COMMUNI 2.55% 03/21/31 92343VGJ7 $8,534.23 0.340 %
AERCAP IRELAND C 3.4% 10/29/33 00774MAY1 $8,413.15 0.340 %
AMGEN INC 2.3% 02/25/31 031162CW8 $8,361.20 0.340 %
AMCOR FLEXIBLES 2.69% 05/25/31 02344AAA6 $8,492.12 0.340 %
CONSTELLATION B 2.25% 08/01/31 21036PBH0 $8,175.23 0.330 %
TRANSCANADA PIPE 2.5% 10/12/31 89352HBC2 $8,290.34 0.330 %
REGENERON PHARM 1.75% 09/15/30 75886FAE7 $8,157.59 0.330 %
BARCLAYS PLC V/R 03/10/32 06738EBR5 $8,296.97 0.330 %
BECTON DICKINS 1.957% 02/11/31 075887CL1 $8,131.48 0.330 %
WESTPAC BANKING C V/R 11/15/35 961214EP4 $8,213.17 0.330 %
GLP CAPITAL LP 3.25% 01/15/32 361841AR0 $8,301.12 0.330 %
GENERAL MOTORS F 2.7% 06/10/31 37045XDL7 $8,283.54 0.330 %
JEFFERIES FIN 2.625% 10/15/31 47233JGT9 $8,264.19 0.330 %
OMEGA HLTHCARE 3.25% 04/15/33 681936BN9 $8,092.10 0.330 %
PACIFIC GAS & EL 2.5% 02/01/31 694308JG3 $8,213.77 0.330 %
VERIZON COMMUN 2.355% 03/15/32 92343VGN8 $8,198.60 0.330 %
AMERICAN TOWER 1.875% 10/15/30 03027XBG4 $8,092.70 0.330 %
PIONEER NATURAL 1.9% 08/15/30 723787AQ0 $8,313.97 0.330 %
PUBLIC SERVICE 2.45% 11/15/31 744573AU0 $8,187.45 0.330 %
BAXTER INTERNA 2.539% 02/01/32 071813CS6 $8,213.70 0.330 %
AT&T INC 2.55% 12/01/33 00206RMM1 $7,947.95 0.320 %
ROPER TECHNOLOG 1.75% 02/15/31 776743AL0 $7,997.25 0.320 %
VMWARE LLC 2.2% 08/15/31 928563AL9 $8,062.95 0.320 %
AT&T INC 2.25% 02/01/32 00206RKH4 $8,042.91 0.320 %
CVS HEALTH COR 1.875% 02/28/31 126650DQ0 $8,018.17 0.320 %
VERIZON COMMUNI 1.75% 01/20/31 92343VFR0 $8,022.57 0.320 %
SYNCHRONY FINA 2.875% 10/28/31 87165BAR4 $7,940.03 0.320 %
ALEXANDRIA REA 1.875% 02/01/33 015271AV1 $7,490.97 0.300 %
SPRINT CAPITAL 8.75% 03/15/32 852060AT9 $6,233.49 0.250 %
LLOYDS BANKING GR V/R 11/15/33 539439AW9 $5,697.97 0.230 %
GENERAL ELECTRI 6.75% 03/15/32 36962GXZ2 $5,700.81 0.230 %
DISCOVER FINANCIA V/R 11/02/34 254709AT5 $5,736.58 0.230 %
KINDER MORGAN I 7.75% 01/15/32 28368EAE6 $5,682.72 0.230 %
HESS CORP 7.3% 08/15/31 023551AJ3 $5,647.50 0.230 %
MICRON TECHNOLO 6.75% 11/01/29 595112BV4 $5,409.65 0.220 %
ALTRIA GROUP I 6.875% 11/01/33 02209SBR3 $5,497.82 0.220 %
NETFLIX INC 6.375% 05/15/29 64110LAX4 $5,390.04 0.220 %
EDISON INTERNAT 6.95% 11/15/29 281020AW7 $5,426.83 0.220 %
ARCELORMITTAL SA 6.8% 11/29/32 03938LBF0 $5,359.50 0.220 %
WESTPAC BANKING 6.82% 11/17/33 961214FP3 $5,440.38 0.220 %
JM SMUCKER CO 6.2% 11/15/33 832696AX6 $5,375.75 0.220 %
CAPITAL ONE FINAN V/R 10/30/31 14040HDC6 $5,597.60 0.220 %
RTX CORP 6% 03/15/31 75513ECV1 $5,293.92 0.210 %
CELANESE US HOLD 6.7% 11/15/33 15089QAY0 $5,344.27 0.210 %
TRANE TECH FIN 5.25% 03/03/33 892938AA9 $5,177.29 0.210 %
FORTUNE BRANDS 5.875% 06/01/33 34964CAH9 $5,124.98 0.210 %
OVINTIV INC 6.25% 07/15/33 69047QAC6 $5,171.89 0.210 %
ATHENE HOLDING 6.15% 04/03/30 04686JAB7 $5,263.01 0.210 %
IQVIA INC 6.25% 02/01/29 46266TAF5 $5,179.54 0.210 %
TARGA RESOURCE 6.125% 03/15/33 87612GAC5 $5,288.26 0.210 %
DELL INT LLC / 5.75% 02/01/33 24703DBL4 $5,161.67 0.210 %
LYB INT FINANC 5.625% 05/15/33 50249AAL7 $5,147.23 0.210 %
NATIONAL GRID 5.809% 06/12/33 636274AE2 $5,108.79 0.210 %
MARVELL TECHNOL 5.95% 09/15/33 573874AQ7 $5,279.50 0.210 %
DELL INT LLC / E 5.3% 10/01/29 24703TAG1 $5,141.73 0.210 %
STARBUCKS CORP 4.8% 02/15/33 855244BF5 $4,917.99 0.200 %
GEORGIA POWER C 4.95% 05/17/33 373334KT7 $4,950.95 0.200 %
ATHENE HOLDING 5.875% 01/15/34 04686JAG6 $5,021.15 0.200 %
INTERPUBLIC GRO 4.75% 03/30/30 460690BR0 $4,953.39 0.200 %
CSX CORP 4.25% 03/15/29 126408HM8 $4,960.05 0.200 %
XCEL ENERGY INC 5.45% 08/15/33 98389BBA7 $5,004.20 0.200 %
CROWN CASTLE INC 5.1% 05/01/33 22822VBC4 $4,907.70 0.200 %
REPUBLIC SERVI 4.875% 04/01/29 760759BB5 $5,069.26 0.200 %
FMC CORP 5.65% 05/18/33 302491AX3 $4,917.94 0.200 %
HEICO CORP 5.35% 08/01/33 422806AB5 $4,988.42 0.200 %
ALLSTATE CORP 5.25% 03/30/33 020002BK6 $5,086.18 0.200 %
CONSTELLATION BR 4.9% 05/01/33 21036PBP2 $4,912.08 0.200 %
PHILLIPS 66 CO 5.3% 06/30/33 718547AR3 $4,995.12 0.200 %
BARCLAYS PLC V/R 08/09/33 06738ECA1 $4,955.55 0.200 %
ARES CAPITAL C 5.875% 03/01/29 04010LBF9 $4,919.20 0.200 %
AMPHENOL CORP 4.35% 06/01/29 032095AH4 $4,910.42 0.200 %
AON CORP/AON GL 5.35% 02/28/33 03740LAG7 $4,981.71 0.200 %
TRACTOR SUPPLY 5.25% 05/15/33 892356AB2 $5,031.07 0.200 %
DOMINION ENERG 5.375% 11/15/32 25746UDR7 $5,044.89 0.200 %
GLOBAL PAYMENTS 5.3% 08/15/29 37940XAN2 $4,948.25 0.200 %
NEXTERA ENERGY CAP 5% 02/28/30 65339KCN8 $4,947.38 0.200 %
BRIXMOR OPERAT 4.125% 05/15/29 11120VAH6 $4,727.86 0.190 %
STEEL DYNAMICS 3.45% 04/15/30 858119BK5 $4,605.86 0.190 %
GATX CORP 4% 06/30/30 361448BF9 $4,660.56 0.190 %
SABINE PASS LIQU 4.5% 05/15/30 785592AX4 $4,849.30 0.190 %
NISOURCE INC 3.6% 05/01/30 65473PAJ4 $4,634.92 0.190 %
MOODY'S CORPORA 4.25% 08/08/32 615369AZ8 $4,730.93 0.190 %
REINSURANCE GRP 3.9% 05/15/29 759351AN9 $4,765.76 0.190 %
MPLX LP 5% 03/01/33 55336VBV1 $4,786.32 0.190 %
M&T BANK CORPORAT V/R 01/27/34 55261FAR5 $4,610.57 0.190 %
LEGGETT & PLATT 4.4% 03/15/29 524660AZ0 $4,830.69 0.190 %
CNA FINANCIAL CO 3.9% 05/01/29 126117AV2 $4,752.65 0.190 %
CDW LLC/CDW FI 3.569% 12/01/31 12513GBJ7 $4,381.24 0.180 %
BANK OF NOVA SCOT V/R 05/04/37 06417XAG6 $4,541.02 0.180 %
ROGERS COMMUNICA 3.8% 03/15/32 775109CH2 $4,525.17 0.180 %
CANADIAN PACIFI 2.45% 12/02/31 13645RBF0 $4,529.79 0.180 %
LINCOLN NATIONAL 3.4% 01/15/31 534187BK4 $4,387.92 0.180 %
HALLIBURTON CO 2.92% 03/01/30 406216BL4 $4,439.05 0.180 %
CITIZENS FINANC 3.25% 04/30/30 174610AT2 $4,362.40 0.180 %
ALTRIA GROUP INC 3.4% 05/06/30 02209SBJ1 $4,542.75 0.180 %
EQUINIX INC 3.2% 11/18/29 29444UBE5 $4,532.42 0.180 %
WILLIAMS COMPANI 3.5% 11/15/30 969457BX7 $4,558.44 0.180 %
NOMURA HOLDING 3.103% 01/16/30 65535HAQ2 $4,399.39 0.180 %
CHENIERE ENERGY PA 4% 03/01/31 16411QAK7 $4,472.41 0.180 %
EXPEDIA GROUP I 3.25% 02/15/30 30212PAR6 $4,446.56 0.180 %
CVS HEALTH CORP 3.25% 08/15/29 126650DG2 $4,552.87 0.180 %
NXP BV/NXP FDG/N 3.4% 05/01/30 62954HAY4 $4,538.12 0.180 %
BARCLAYS PLC V/R 09/23/35 06738EBP9 $4,277.46 0.170 %
WESTERN DIGITAL 2.85% 02/01/29 958102AQ8 $4,221.09 0.170 %
BROADRIDGE FINAN 2.6% 05/01/31 11133TAE3 $4,228.04 0.170 %
CENCORA INC 2.7% 03/15/31 03073EAT2 $4,321.35 0.170 %
AGILENT TECHNOLO 2.3% 03/12/31 00846UAN1 $4,216.38 0.170 %
ELEVANCE HEALTH 2.25% 05/15/30 036752AN3 $4,271.87 0.170 %
STANLEY BLACK & DE 3% 05/15/32 854502AQ4 $4,256.64 0.170 %
ENTERGY CORP 2.8% 06/15/30 29364GAL7 $4,335.10 0.170 %
BROWN & BROWN 2.375% 03/15/31 115236AC5 $4,137.84 0.170 %
SANDS CHINA LTD 3.25% 08/08/31 80007RAS4 $4,164.63 0.170 %
BOSTON PROPERTI 3.25% 01/30/31 10112RBD5 $4,219.10 0.170 %
SUMITOMO MITSU 2.142% 09/23/30 86562MBZ2 $4,142.16 0.170 %
MARTIN MARIETTA 2.4% 07/15/31 573284AW6 $4,140.88 0.170 %
TEXTRON INC 2.45% 03/15/31 883203CC3 $4,223.78 0.170 %
AMPHENOL CORP 2.2% 09/15/31 032095AL5 $4,140.73 0.170 %
INVITATION HOMES O 2% 08/15/31 46188BAA0 $3,898.10 0.160 %
CI FINANCIAL COR 3.2% 12/17/30 125491AN0 $3,987.11 0.160 %
MARRIOTT INTERN 2.75% 10/15/33 571903BH5 $4,074.86 0.160 %
CENOVUS ENERGY 2.65% 01/15/32 15135UAW9 $4,105.83 0.160 %
MIZUHO FINANCI 2.564% 09/13/31 60687YBU2 $4,102.85 0.160 %
COPT DEFENSE PR 2.75% 04/15/31 22003BAM8 $4,094.16 0.160 %
TRITON CONTAINE 3.25% 03/15/32 89681LAA0 $4,039.03 0.160 %
VENTAS REALTY LP 2.5% 09/01/31 92277GAW7 $4,073.02 0.160 %
As of 02/27/2024 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/