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XHYI

BondBloxx USD High Yield Bond Industrial Sector ETF

Net asset value

$37.41

EXPENSE RATIO

0.35%

Yield to Maturity

7.51%

30-Day Sec Yield

6.66%
ALL DATA AS OF 04/24/2025, UNLESS OTHERWISE STATED. 30-DAY SEC YIELD AS OF 03/31/2025. 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 USD High Yield Bond Industrial Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the industrial sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Core Industrial Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors.

*Unless otherwise stated, the information on this page is as of 04/24/2025

Sub-Sector

Fund Details

Product Name BondBloxx USD High Yield Bond Industrial Sector ETF
Ticker XHYI
CUSIP 09789C606
Asset Class Fixed Income
Fund Inception Date 2/15/2022
Exchange NYSE Arca
Distribution Frequency Monthly
Fund Net Assets $54,247,962
Shares Outstanding 1,450,000
Median Spread 0.59%
Premium Discount Ratio 0.11%
Closing Price as of 04/24/2025 $37.45

Fees

Management Fee 0.35%
Acquired Fund Fees and Expenses 0.00%
Foreign Taxes and Other Expenses 0.00%
Expense Ratio 0.35%

Portfolio Characteristics

Number of Securities 488
Number of Issuers 267
Average Coupon 6.47%
Average Maturity 4.38 Years
* 30-Day SEC Yield is as of 03/31/2025
Yield to Maturity 7.51%
Yield to Worst 7.36%
Option Adjusted Spread 325
Spread Duration 2.76
30-Day SEC Yield* 6.66%

Portfolio Breakdown

Corporate 98.9%
Due to rounding, these values may exceed 100%

Index Details

Provider Name ICE Data Services
Index ICE Diversified US Cash Pay High Yield Core Industrials Index
Index Ticker JDCI
Index Market Cap $320.828B

Maturity Breakdown %

Credit Rating Breakdown %

ICE composite credit quality ratings are based on an average of Moody’s, S&P and Fitch. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB1 and below. Ratings and portfolio credit quality may change over time. A triple-A (AAA) is the highest credit quality, and C or D (depending on the agency issuing the rating) is the lowest or junk quality.

Holdings

Name Weight
TransDigm Inc. 4.90 %
Celanese US Holdings Llc 2.64 %
United Rentals (North America) Inc. 1.93 %
Cleveland-Cliffs Inc 1.82 %
Quikrete Holdings Inc 1.74 %
Standard Building Solutions Inc. 1.66 %
Bombardier Inc. 1.59 %
Allied Universal Holdco LLC / Allied Universal Finance Corporation 1.39 %
Mauser Packaging Solutions Holding Co. 1.25 %
AAdvantage Loyalty IP Ltd/ American Airlines Inc 1.24 %
Name CUSIP Market Value % of Net Assets
QUIKRETE HOLDI 6.375% 03/01/32 74843PAA8 $677,636.12 1.250 %
EMRLD BOR / EM 6.625% 12/15/30 29103CAA6 $481,763.54 0.890 %
CASHUSD CASHUSD $473,399.14 0.870 %
AMERICAN AIRLIN 5.75% 04/20/29 00253XAB7 $473,240.45 0.870 %
TRANSDIGM INC 6.375% 03/01/29 893647BU0 $472,565.59 0.870 %
MAUSER PACKAGI 7.875% 04/15/27 57763RAD9 $461,745.00 0.850 %
TRANSDIGM INC 5.5% 11/15/27 893647BL0 $455,050.49 0.840 %
ALLIED UNIVERS 7.875% 02/15/31 019576AD9 $430,503.22 0.790 %
NEPTUNE BIDCO U 9.29% 04/15/29 640695AA0 $396,976.98 0.730 %
STAPLES INC 10.75% 09/01/29 855030AQ5 $382,313.57 0.700 %
TRANSDIGM INC 6.625% 03/01/32 893647BV8 $376,973.65 0.690 %
TRANSDIGM INC 6.75% 08/15/28 893647BR7 $361,186.89 0.670 %
IMOLA MERGER CO 4.75% 05/15/29 45258LAA5 $332,281.51 0.610 %
JETBLUE AIRWAY 9.875% 09/20/31 476920AA1 $320,815.08 0.590 %
UNITED RENTALS 4.875% 01/15/28 911365BG8 $280,334.65 0.520 %
CHART INDUSTRIES 7.5% 01/01/30 16115QAF7 $274,816.38 0.510 %
OLYMPUS WTR US 9.75% 11/15/28 25259KAA8 $273,682.24 0.500 %
QUIKRETE HOLDIN 6.75% 03/01/33 74843PAB6 $264,558.77 0.490 %
STANDARD INDUS 4.375% 07/15/30 853496AG2 $262,445.12 0.480 %
CELANESE US HO 6.415% 07/15/27 15089QAM6 $258,727.66 0.480 %
TK ELEVATOR US 5.25% 07/15/27 92537RAA7 $259,409.85 0.480 %
NOVELIS CORP 4.75% 01/30/30 670001AE6 $250,947.93 0.460 %
TRANSDIGM INC 6% 01/15/33 893647BW6 $244,970.96 0.450 %
BRAND INDUSTR 10.375% 08/01/30 104931AA8 $242,646.86 0.450 %
TRANSDIGM INC 6.875% 12/15/30 893647BS5 $246,746.10 0.450 %
WESCO DISTRIBUT 7.25% 06/15/28 95081QAP9 $234,296.46 0.430 %
ATLAS LUXCO 4 4.625% 06/01/28 019579AA9 $233,801.13 0.430 %
SPIRIT AEROSYST 9.75% 11/15/30 85205TAR1 $228,492.27 0.420 %
HERC HOLDINGS IN 5.5% 07/15/27 42704LAA2 $219,790.36 0.410 %
MAUSER PACKAGIN 9.25% 04/15/27 57763RAC1 $217,735.38 0.400 %
PRIME SECSRVC B 6.25% 01/15/28 74166MAE6 $219,060.59 0.400 %
H&E EQUIPMENT 3.875% 12/15/28 404030AJ7 $211,653.64 0.390 %
FMG RESOURCES 4.375% 04/01/31 30251GBC0 $207,504.31 0.380 %
AMERICAN AIRLINE 5.5% 04/20/26 00253XAA9 $200,931.81 0.370 %
AIR CANADA 3.875% 08/15/26 008911BK4 $199,833.94 0.370 %
CLEVELAND-CLIFFS I 7% 03/15/32 185899AP6 $203,113.45 0.370 %
HERTZ CORP/TH 12.625% 07/15/29 428040DC0 $198,091.67 0.370 %
UNITED RENTALS 6.125% 03/15/34 911365BR4 $197,775.74 0.360 %
SMYRNA READY M 8.875% 11/15/31 83283WAE3 $196,553.13 0.360 %
ARAMARK SERVICES I 5% 02/01/28 038522AQ1 $195,681.68 0.360 %
BUILDERS FIRSTS 4.25% 02/01/32 12008RAP2 $193,395.28 0.360 %
TRANSDIGM INC 4.625% 01/15/29 893647BP1 $192,868.20 0.360 %
MINERAL RESOURC 9.25% 10/01/28 603051AE3 $188,504.77 0.350 %
SMYRNA READY MIX C 6% 11/01/28 85236FAA1 $187,264.81 0.350 %
VERITIV OPERATI 10.5% 11/30/30 92339LAA0 $191,695.12 0.350 %
BALL CORP 2.875% 08/15/30 058498AW6 $190,462.46 0.350 %
EQUIPMENTSHARE.COM 9% 05/15/28 29450YAA7 $191,025.90 0.350 %
CLYDESDALE ACQU 8.75% 04/15/30 18972EAB1 $186,671.37 0.340 %
NOVA CHEMICALS 5.25% 06/01/27 66977WAR0 $184,609.03 0.340 %
TRANSDIGM INC 7.125% 12/01/31 893647BT3 $186,327.93 0.340 %
AMENTUM HOLDING 7.25% 08/01/32 02352BAA3 $180,608.17 0.330 %
ADT SEC CORP 4.125% 08/01/29 00109LAA1 $176,655.96 0.330 %
ARDAGH PKG FIN 4.125% 08/15/26 03969AAN0 $178,928.67 0.330 %
BUILDERS FIRST 6.375% 03/01/34 12008RAS6 $176,337.03 0.330 %
CELANESE US HO 6.629% 07/15/32 15089QAP9 $181,652.95 0.330 %
CELANESE US HOLD 6.6% 11/15/28 15089QAW4 $177,233.22 0.330 %
AXON ENTERPRIS 6.125% 03/15/30 05464CAC5 $178,982.38 0.330 %
CELANESE US HOL 6.95% 11/15/33 15089QAY0 $180,708.31 0.330 %
HUSKY INJECTION / 9% 02/15/29 44805RAA3 $175,166.81 0.320 %
AECOM 5.125% 03/15/27 00774CAB3 $172,336.40 0.320 %
TRIVIUM PACKAGIN 5.5% 08/15/26 89686QAA4 $176,227.57 0.320 %
TRIUMPH GROUP INC 9% 03/15/28 896818AU5 $175,271.25 0.320 %
ALLIED UNIVERSA 9.75% 07/15/27 019576AB3 $175,434.11 0.320 %
SCIH SALT HOLD 4.875% 05/01/28 78433BAA6 $174,120.14 0.320 %
AMERICAN AIRLINE 8.5% 05/15/29 023771T40 $174,554.53 0.320 %
STANDARD INDUS 3.375% 01/15/31 853496AH0 $173,709.27 0.320 %
BALL CORP 6% 06/15/29 058498AZ9 $176,273.00 0.320 %
BCPE EMPIRE HO 7.625% 05/01/27 05552VAA0 $171,279.67 0.320 %
PRIME SECSRVC 3.375% 08/31/27 74166MAF3 $168,592.45 0.310 %
CELANESE US HOL 6.75% 04/15/33 15089QBA1 $167,198.61 0.310 %
GARDA WORLD SE 8.375% 11/15/32 36485MAP4 $168,674.21 0.310 %
GRIFFON CORPORA 5.75% 03/01/28 398433AP7 $165,797.55 0.310 %
BRIGHTLINE EAST L 11% 01/31/30 093536AA8 $166,533.00 0.310 %
SPIRIT AEROSYS 9.375% 11/30/29 85205TAN0 $167,439.24 0.310 %
CELANESE US HOLD 6.8% 11/15/30 15089QAX2 $170,870.88 0.310 %
WR GRACE HOLDI 5.625% 08/15/29 92943GAA9 $164,866.15 0.300 %
MADISON IAQ LL 5.875% 06/30/29 55760LAB3 $164,231.67 0.300 %
ARDAGH METAL PACKA 4% 09/01/29 03969YAB4 $160,645.71 0.300 %
CLARIV SCI HLD 3.875% 07/01/28 18064PAC3 $156,003.49 0.290 %
UNITED RENTALS 3.875% 02/15/31 911363AM1 $158,229.75 0.290 %
TRONOX INC 4.625% 03/15/29 897051AC2 $158,619.36 0.290 %
STANDARD INDUST 4.75% 01/15/28 853496AD9 $155,934.17 0.290 %
STANDARD INDUSTRI 5% 02/15/27 853496AC1 $155,098.95 0.290 %
VISTAJET MALTA 6.375% 02/01/30 92840JAB5 $156,621.31 0.290 %
WASTE PRO USA INC 7% 02/01/33 94107JAC7 $150,065.11 0.280 %
STANDARD BUILDIN 6.5% 08/15/32 853191AA2 $152,989.18 0.280 %
ALLIED UNIVERSAL 6% 06/01/29 019576AC1 $152,637.01 0.280 %
OLYMPUS WTR US 7.25% 06/15/31 681639AD2 $151,030.25 0.280 %
AMERICAN AIRLIN 7.25% 02/15/28 023771T32 $150,971.03 0.280 %
CLEVELAND-CLIF 7.375% 05/01/33 185899AR2 $149,196.19 0.280 %
FMG RESOURCES 6.125% 04/15/32 30251GBE6 $152,446.42 0.280 %
WESCO DISTRIBU 6.375% 03/15/29 95081QAQ7 $152,797.10 0.280 %
BOMBARDIER INC 8.75% 11/15/30 097751CA7 $154,268.72 0.280 %
VALLOUREC SACA 7.5% 04/15/32 92023RAA8 $145,702.67 0.270 %
NOVELIS CORP 6.875% 01/30/30 670001AL0 $144,184.65 0.270 %
NESCO HOLDINGS I 5.5% 04/15/29 64083YAA9 $144,316.45 0.270 %
WINDSOR HOLDINGS 8.5% 06/15/30 97360AAA5 $146,027.81 0.270 %
WESCO DISTRIBU 6.625% 03/15/32 95081QAR5 $148,710.71 0.270 %
CLEVELAND-CLIF 6.875% 11/01/29 185899AQ4 $148,135.19 0.270 %
RB GLOBAL HOLDI 7.75% 03/15/31 76774LAC1 $147,752.15 0.270 %
UNITED RENTALS 3.875% 11/15/27 911365BM5 $147,865.00 0.270 %
CLEVELAND-CLIFF 6.75% 04/15/30 185899AN1 $142,846.87 0.260 %
CLEVELAND-CLIFFS 7.5% 09/15/31 185899AS0 $140,479.82 0.260 %
WASH MULTIFAM A 5.75% 04/15/26 93710WAA3 $138,927.74 0.260 %
ALCOA NEDERLAN 7.125% 03/15/31 013822AH4 $140,101.07 0.260 %
INTELLIGENT PACKAG 6% 09/15/28 45827MAA5 $138,871.77 0.260 %
RAND PARENT LLC 8.5% 02/15/30 753272AA1 $139,763.18 0.260 %
SCIL IV LLC / 5.375% 11/01/26 78397UAA8 $142,301.00 0.260 %
CLARIV SCI HLD 4.875% 07/01/29 18064PAD1 $134,445.25 0.250 %
ELEMENT SOLUTI 3.875% 09/01/28 28618MAA4 $133,696.91 0.250 %
EFESTO BIDCO SPA 7.5% 02/15/32 28201XAB1 $134,772.08 0.250 %
WESCO DISTRIBU 6.375% 03/15/33 95081QAS3 $137,541.76 0.250 %
BOMBARDIER INC 7.875% 04/15/27 097751BT7 $134,591.82 0.250 %
AXON ENTERPRISE 6.25% 03/15/33 05464CAD3 $133,148.59 0.250 %
CORELOGIC INC 4.5% 05/01/28 21871DAD5 $134,219.25 0.250 %
PRIME SECSRVC B 5.75% 04/15/26 74166MAC0 $132,914.90 0.250 %
SEALED AIR/SEA 6.125% 02/01/28 812127AA6 $135,106.00 0.250 %
BALL CORP 6.875% 03/15/28 058498AY2 $135,442.43 0.250 %
CAMELOT RETURN 8.75% 08/01/28 13323NAA0 $135,711.74 0.250 %
MERCER INTL IN 5.125% 02/01/29 588056BB6 $130,419.22 0.240 %
CELANESE US HOL 6.58% 07/15/29 15089QAN4 $132,870.11 0.240 %
ARSENAL AIC PARENT 8% 10/01/30 04288BAB6 $129,276.55 0.240 %
INEOS FINANCE PL 7.5% 04/15/29 44984WAJ6 $129,789.29 0.240 %
TRIVIUM PACKAGIN 8.5% 08/15/27 89686QAB2 $128,517.23 0.240 %
WATCO COS LLC/ 7.125% 08/01/32 941130AD8 $127,799.51 0.240 %
ALBION FINANCI 6.125% 10/15/26 013304AA8 $127,581.13 0.240 %
NOVELIS CORP 3.25% 11/15/26 670001AG1 $132,507.59 0.240 %
PIKE CORP 5.5% 09/01/28 721283AA7 $128,648.29 0.240 %
STENA INTERNATI 7.25% 01/15/31 85858EAD5 $132,607.32 0.240 %
WR GRACE HOLDI 4.875% 06/15/27 92943GAD3 $130,082.12 0.240 %
UNITED RENTALS NOR 4% 07/15/30 911365BN3 $129,616.86 0.240 %
SOTHEBY'S 7.375% 10/15/27 835898AH0 $131,538.86 0.240 %
OWENS-BROCKWAY 7.25% 05/15/31 69073TAU7 $125,903.78 0.230 %
GENESEE & WYOMI 6.25% 04/15/32 371559AB1 $126,443.93 0.230 %
BOMBARDIER INC 7% 06/01/32 097751CC3 $124,499.40 0.230 %
REWORLD HOLDIN 4.875% 12/01/29 22303XAA3 $124,400.06 0.230 %
AVIENT CORP 7.125% 08/01/30 05368VAA4 $124,449.60 0.230 %
BALL CORP 3.125% 09/15/31 058498AX4 $126,158.83 0.230 %
BIG RIVER STEE 6.625% 01/31/29 08949LAB6 $122,671.48 0.230 %
GOAT HOLDCO LLC 6.75% 02/01/32 38021MAA4 $126,411.57 0.230 %
GFL ENVIRONMENT 4.75% 06/15/29 36168QAN4 $126,428.56 0.230 %
GEO GROUP INC/ 10.25% 04/15/31 36162JAH9 $125,520.99 0.230 %
TRANSDIGM INC 4.875% 05/01/29 893647BQ9 $122,824.52 0.230 %
HERTZ CORP/THE 5% 12/01/29 428040DB2 $124,216.77 0.230 %
UNITED RENTALS 5.25% 01/15/30 911365BL7 $125,255.92 0.230 %
SCIH SALT HOLD 6.625% 05/01/29 78433BAB4 $120,315.10 0.220 %
OLYMPUS WTR US 4.25% 10/01/28 681639AA8 $120,283.29 0.220 %
PM GENERAL PURCH 9.5% 10/01/28 69356MAA4 $120,439.99 0.220 %
HERC HOLDINGS 6.625% 06/15/29 42704LAE4 $120,964.91 0.220 %
METHANEX CORP 5.125% 10/15/27 59151KAM0 $117,533.52 0.220 %
ESAB CORP 6.25% 04/15/29 29605JAA4 $118,004.39 0.220 %
MATTAMY GROUP 4.625% 03/01/30 57701RAM4 $121,051.18 0.220 %
FMG RESOURCES 5.875% 04/15/30 30251GBD8 $118,594.73 0.220 %
CAMELOT FINANCE 4.5% 11/01/26 13323AAB6 $120,066.59 0.220 %
SPIRIT AEROSYSTE 4.6% 06/15/28 85205TAK6 $121,881.20 0.220 %
CHEMOURS CO 5.75% 11/15/28 163851AF5 $121,300.80 0.220 %
MADISON IAQ LL 4.125% 06/30/28 55760LAA5 $120,967.50 0.220 %
AVIS BUDGET CAR 8.25% 01/15/30 053773BJ5 $117,881.52 0.220 %
NOVA CHEMICALS COR 9% 02/15/30 66977WAU3 $119,406.54 0.220 %
TKC HOLDINGS IN 10.5% 05/15/29 87256YAA1 $118,422.82 0.220 %
GFL ENVIRONMEN 4.375% 08/15/29 36168QAP9 $117,008.20 0.220 %
ARDAGH METAL PACKA 6% 06/15/27 03969YAC2 $121,837.04 0.220 %
INFRABUILD AUST 14.5% 11/15/28 45682RAC4 $115,572.92 0.210 %
AVIENT CORP 6.25% 11/01/31 05368VAB2 $112,548.06 0.210 %
OLIN CORP 5.625% 08/01/29 680665AL0 $114,867.24 0.210 %
BEACON ROOFING S 6.5% 08/01/30 073685AK5 $112,188.27 0.210 %
TRIDENT TPI HO 12.75% 12/31/28 89616RAC3 $113,027.38 0.210 %
BOMBARDIER INC 7.25% 07/01/31 097751CB5 $114,730.44 0.210 %
SK INVICTUS INTERM 5% 10/30/29 29977LAA9 $115,016.91 0.210 %
EQUIPMENTSHARE.COM 8% 03/15/33 29450YAC3 $114,382.31 0.210 %
GFL ENVIRONMENTAL 4% 08/01/28 36168QAL8 $115,632.46 0.210 %
ABC SUPPLY CO INC 4% 01/15/28 024747AF4 $115,623.82 0.210 %
BOMBARDIER INC 6% 02/15/28 097751BX8 $115,380.91 0.210 %
BOMBARDIER INC 7.5% 02/01/29 097751BZ3 $114,496.47 0.210 %
CLUE OPCO LLC 9.5% 10/15/31 36267QAA2 $111,410.97 0.210 %
WHITE CAP BUYE 6.875% 10/15/28 96350RAA2 $111,922.74 0.210 %
BUILDERS FIRST 6.375% 06/15/32 12008RAR8 $114,001.33 0.210 %
TEREX CORP 6.25% 10/15/32 880779BB8 $115,007.25 0.210 %
ARCOSA INC 6.875% 08/15/32 039653AC4 $107,850.66 0.200 %
LBM ACQUISITION 6.25% 01/15/29 05552BAA4 $108,199.55 0.200 %
BOMBARDIER INC 7.45% 05/01/34 097751AL5 $106,139.71 0.200 %
MIWD HLDCO II/MI 5.5% 02/01/30 55337PAA0 $108,498.49 0.200 %
ADT SEC CORP 4.875% 07/15/32 74166NAA2 $110,003.99 0.200 %
AXALTA COATING 3.375% 02/15/29 05453GAC9 $108,628.26 0.200 %
OWENS-BROCKWAY 6.625% 05/13/27 69073TAT0 $107,857.30 0.200 %
CLEVELAND-CLIF 5.875% 06/01/27 185899AH4 $106,573.68 0.200 %
METHANEX CORP 5.25% 12/15/29 59151KAL2 $110,816.54 0.200 %
JB POINDEXTER & 8.75% 12/15/31 465965AC5 $107,887.93 0.200 %
FMG RESOURCES AU 4.5% 09/15/27 30251GBA4 $102,740.03 0.190 %
XPO INC 7.125% 02/01/32 983793AK6 $104,229.00 0.190 %
HUDBAY MINERALS 4.5% 04/01/26 443628AJ1 $101,095.44 0.190 %
TEREX CORP 5% 05/15/29 880779BA0 $102,489.32 0.190 %
MINERAL RESOURCES 8% 11/01/27 603051AC7 $103,119.09 0.190 %
HERTZ CORP/THE 4.625% 12/01/26 428040DA4 $105,461.98 0.190 %
VIBRANTZ TECH INC 9% 02/15/30 69357VAA3 $105,774.50 0.190 %
ONESKY FLIGHT 8.875% 12/15/29 68278CAA3 $103,882.90 0.190 %
FXI HOLDINGS I 12.25% 11/15/26 36120RAE9 $100,796.65 0.190 %
FRST STU BID/FRST 4% 07/31/29 337120AA7 $103,345.85 0.190 %
LGI HOMES INC 8.75% 12/15/28 50187TAH9 $100,815.74 0.190 %
CELANESE US HOLD 6.5% 04/15/30 15089QAZ7 $104,074.27 0.190 %
GEO GROUP INC/ 8.625% 04/15/29 36162JAG1 $105,268.14 0.190 %
TRINITY INDUSTR 7.75% 07/15/28 896522AJ8 $105,085.48 0.190 %
MINERAL RESOUR 8.125% 05/01/27 603051AA1 $105,350.70 0.190 %
OCI NV 6.7% 03/16/33 67116NAA7 $105,150.12 0.190 %
AXALTA COATING 7.25% 02/15/31 05455JAA5 $96,091.58 0.180 %
NEW ENTERPRISE 5.25% 07/15/28 644274AH5 $100,127.84 0.180 %
OLIN CORP 6.625% 04/01/33 680665AN6 $100,318.99 0.180 %
BRINK'S CO/THE 4.625% 10/15/27 109696AA2 $99,622.26 0.180 %
WILLIAMS SCOTS 6.625% 06/15/29 96949VAM5 $98,631.44 0.180 %
CHEMOURS CO 8% 01/15/33 163851AJ7 $98,374.01 0.180 %
AMSTED INDUSTR 6.375% 03/15/33 032177AK3 $95,679.09 0.180 %
CALDERYS FINAN 11.25% 06/01/28 128786AA8 $98,723.34 0.180 %
BROOKFIELD RESI 6.25% 09/15/27 11283YAB6 $98,711.01 0.180 %
CORECIVIC INC 8.25% 04/15/29 21871NAC5 $95,826.21 0.180 %
ARTERA SERVICES 8.5% 02/15/31 04302XAA2 $97,457.49 0.180 %
RB GLOBAL HOLDI 6.75% 03/15/28 76774LAB3 $97,676.34 0.180 %
INGEVITY CORP 3.875% 11/01/28 45688CAB3 $99,256.28 0.180 %
BERRY GLOBAL I 5.625% 07/15/27 085770AB1 $96,408.33 0.180 %
CLEAN HARBORS 4.875% 07/15/27 184496AN7 $100,177.95 0.180 %
METHANEX US OPE 6.25% 03/15/32 59151LAA4 $99,731.81 0.180 %
FLUOR CORP 4.25% 09/15/28 343412AF9 $96,782.71 0.180 %
GATES CORPORAT 6.875% 07/01/29 367398AA2 $98,260.01 0.180 %
MINERAL RESOURCE 8.5% 05/01/30 603051AD5 $97,104.96 0.180 %
WILLIAMS SCOTS 6.625% 04/15/30 96949VAN3 $91,783.06 0.170 %
BUILDERS FIRSTSOUR 5% 03/01/30 12008RAN7 $94,149.25 0.170 %
AVIS BUDGET CA 5.375% 03/01/29 053773BF3 $90,534.60 0.170 %
HUDBAY MINERAL 6.125% 04/01/29 443628AH5 $89,968.04 0.170 %
TASEKO MINES LT 8.25% 05/01/30 876511AG1 $89,517.33 0.170 %
MAXIM CRANE WOR 11.5% 09/01/28 57779EAA6 $94,907.99 0.170 %
CROWN CORK & S 7.375% 12/15/26 228255AH8 $89,558.72 0.170 %
CLEAN HARBORS 6.375% 02/01/31 184496AQ0 $92,933.46 0.170 %
VISTAJET MALTA/V 9.5% 06/01/28 92841HAA0 $92,448.52 0.170 %
UNITED RENTALS 3.75% 01/15/32 911365BP8 $93,854.90 0.170 %
CHART INDUSTRIES 9.5% 01/01/31 16115QAG5 $89,827.01 0.170 %
EMRLD BOR / EMR 6.75% 07/15/31 26873CAB8 $93,283.36 0.170 %
AAR ESCROW ISSU 6.75% 03/15/29 00253PAA6 $92,729.52 0.170 %
S&S HOLDINGS L 8.375% 10/01/31 78525CAA3 $91,344.51 0.170 %
OLYMPUS WTR US 7.125% 10/01/27 16308NAA2 $91,047.15 0.170 %
GARDA WORLD SEC 8.25% 08/01/32 36485MAN9 $90,045.08 0.170 %
PATRICK INDUST 6.375% 11/01/32 703343AH6 $90,190.88 0.170 %
HECLA MINING CO 7.25% 02/15/28 422704AH9 $90,112.64 0.170 %
GRAPHIC PACKAG 6.375% 07/15/32 38869AAE7 $92,291.61 0.170 %
GARDA WORLD SEC 7.75% 02/15/28 36485MAM1 $94,455.67 0.170 %
AVIS BUDGET CAR/FI 8% 02/15/31 053773BH9 $87,502.45 0.160 %
ELDORADO GOLD C 6.25% 09/01/29 284902AF0 $88,278.30 0.160 %
CVR PARTNERS/C 6.125% 06/15/28 12663QAC9 $89,092.59 0.160 %
HILLENBRAND INC 6.25% 02/15/29 431571AF5 $84,683.89 0.160 %
ASHTON WOODS U 4.625% 04/01/30 045086AP0 $86,578.28 0.160 %
KAISER ALUMINU 4.625% 03/01/28 483007AJ9 $86,420.17 0.160 %
OSCAR ACQUISITIO 9.5% 04/15/30 687785AB1 $87,112.30 0.160 %
CLYDESDALE ACQ 6.875% 01/15/30 18972EAC9 $87,845.56 0.160 %
STENA INTERNAT 7.625% 02/15/31 85858EAE3 $87,159.88 0.160 %
DYCOM INDUSTRIES 4.5% 04/15/29 267475AD3 $84,620.91 0.160 %
ZIPRECRUITER INC 5% 01/15/30 98980BAA1 $86,598.69 0.160 %
ROLLER BEARING 4.375% 10/15/29 775631AD6 $85,128.48 0.160 %
MITER BRAND / M 6.75% 04/01/32 60672JAA7 $85,251.17 0.160 %
XPO INC 7.125% 06/01/31 98379KAB8 $84,245.12 0.160 %
NOVELIS CORP 3.875% 08/15/31 670001AH9 $88,409.07 0.160 %
BAFFINLAND IRON 8.75% 07/15/26 056623AA9 $86,687.13 0.160 %
ALLEGIANT TRAVE 7.25% 08/15/27 01748XAD4 $87,020.33 0.160 %
ARSENAL AIC PAR 11.5% 10/01/31 04288BAC4 $87,759.02 0.160 %
ALLIED UNIVERS 4.625% 06/01/28 049362AA4 $87,696.85 0.160 %
F-BRASILE SPA/ 7.375% 08/15/26 30191BAB7 $86,333.25 0.160 %
ASGN INCORPORA 4.625% 05/15/28 00191UAA0 $86,744.26 0.160 %
CLYDESDALE ACQ 6.625% 04/15/29 18972EAA3 $85,732.38 0.160 %
GARDA WORLD SE 4.625% 02/15/27 36485MAK5 $84,311.72 0.160 %
CHEMOURS CO 5.375% 05/15/27 163851AE8 $88,086.65 0.160 %
CHEMOURS CO 4.625% 11/15/29 163851AH1 $85,736.86 0.160 %
NOVA CHEMICALS 4.25% 05/15/29 66977WAS8 $87,848.12 0.160 %
AMERITEX HOLDC 10.25% 10/15/28 030727AA9 $87,604.59 0.160 %
CONDUENT BUS SERVI 6% 11/01/29 20679LAB7 $89,270.56 0.160 %
DOMTAR CORP 6.75% 10/01/28 70478JAA2 $89,434.63 0.160 %
FXI HOLDINGS I 12.25% 11/15/26 35166FAA0 $88,354.13 0.160 %
SILGAN HOLDING 4.125% 02/01/28 827048AW9 $87,063.67 0.160 %
TAYLOR MORRISO 5.125% 08/01/30 87724RAJ1 $80,945.57 0.150 %
WILSONART LLC 11% 08/15/32 97246JAA6 $79,560.53 0.150 %
LSB INDUSTRIES 6.25% 10/15/28 502160AN4 $82,168.51 0.150 %
RESIDEO FUNDING 6.5% 07/15/32 76119LAD3 $79,828.58 0.150 %
VISTAJET MALTA 7.875% 05/01/27 92840JAD1 $81,150.41 0.150 %
ALUMINA PTY LT 6.375% 09/15/32 02220AAB3 $83,683.85 0.150 %
COMPASS MINERAL 6.75% 12/01/27 20451NAG6 $79,855.74 0.150 %
SEALED AIR COR 6.875% 07/15/33 81211KAK6 $78,806.37 0.150 %
RAIN CARBON IN 12.25% 09/01/29 75079LAB7 $83,811.52 0.150 %
CENTURY COMMUNI 6.75% 06/01/27 156504AL6 $79,971.03 0.150 %
STONEPEAK NILE 7.25% 03/15/32 861932AA9 $82,411.84 0.150 %
ILLUMINATE BUYER/H 9% 07/01/28 45232TAA9 $80,558.32 0.150 %
AVIS BUDGET CAR 4.75% 04/01/28 053773BG1 $79,780.70 0.150 %
AXALTA COAT/DUT 4.75% 06/15/27 05454NAA7 $80,342.00 0.150 %
KAISER ALUMINUM 4.5% 06/01/31 483007AL4 $82,726.21 0.150 %
DUN & BRADSTREET C 5% 12/15/29 26483EAL4 $79,213.76 0.150 %
TAYLOR MORRISON 5.75% 01/15/28 87724RAB8 $79,696.75 0.150 %
BEAZER HOMES US 7.25% 10/15/29 07556QBT1 $81,584.52 0.150 %
SUNCOKE ENERGY 4.875% 06/30/29 86722AAD5 $83,075.32 0.150 %
GPD COS INC 10.125% 04/01/26 64051NAA1 $82,777.50 0.150 %
TRINET GROUP I 7.125% 08/15/31 896288AC1 $82,546.25 0.150 %
CENTURY COMMUN 3.875% 08/15/29 156504AM4 $80,673.28 0.150 %
TRI POINTE HOME 5.25% 06/01/27 87265HAF6 $81,029.76 0.150 %
JELD-WEN INC 4.875% 12/15/27 475795AD2 $79,264.46 0.150 %
ALUMINA PTY LT 6.125% 03/15/30 02220AAA5 $79,670.93 0.150 %
ADVANCED DRAINAGE 5% 09/30/27 00790RAA2 $83,820.59 0.150 %
ENVIRI CORP 5.75% 07/31/27 415864AM9 $82,572.62 0.150 %
TAYLOR MORRISO 5.875% 06/15/27 87724RAA0 $82,153.06 0.150 %
HILLENBRAND INC 5% 09/15/26 431571AB4 $79,202.44 0.150 %
VT TOPCO INC 8.5% 08/15/30 91838PAA9 $79,798.93 0.150 %
INNOPHOS HOLDIN 11.5% 06/15/29 45774NAD0 $77,218.17 0.140 %
UNITED STATES 6.875% 03/01/29 912909AU2 $77,301.08 0.140 %
AVIS BUDGET CAR 5.75% 07/15/27 053773BE6 $73,962.07 0.140 %
BRINK'S CO/THE 6.5% 06/15/29 109696AC8 $73,283.16 0.140 %
ALTA EQUIPMENT GRO 9% 06/01/29 02128LAC0 $77,020.55 0.140 %
CONSTELLIUM SE 5.625% 06/15/28 21039CAA2 $74,413.41 0.140 %
STEELCASE INC 5.125% 01/18/29 858155AE4 $75,072.72 0.140 %
TOPBUILD CORP 4.125% 02/15/32 89055FAC7 $76,662.35 0.140 %
GRAHAM PACKAGI 7.125% 08/15/28 384701AA6 $78,021.65 0.140 %
DORNOCH DEBT M 6.625% 10/15/29 25830JAA9 $75,584.82 0.140 %
WERNER FINCO LP 11.5% 06/15/28 95076PAC7 $76,400.82 0.140 %
SPX FLOW INC 8.75% 04/01/30 758071AA2 $78,292.23 0.140 %
MOOG INC 4.25% 12/15/27 615394AM5 $77,369.95 0.140 %
K HOVNANIAN EN 11.75% 09/30/29 48251UAM0 $74,930.08 0.140 %
WILLIAMS SCOTS 4.625% 08/15/28 96950GAE2 $77,481.14 0.140 %
KNIFE RIVER COR 7.75% 05/01/31 498894AA2 $75,418.65 0.140 %
GARDA WORLD SECURI 6% 06/01/29 36485MAL3 $76,713.51 0.140 %
OLIN CORP 5% 02/01/30 680665AK2 $75,956.47 0.140 %
WILLIAMS SCOTS 7.375% 10/01/31 96949VAL7 $77,365.55 0.140 %
ALCOA NEDERLAN 4.125% 03/31/29 013822AG6 $74,337.76 0.140 %
TK ELEVATOR HO 7.625% 07/15/28 92537VAA8 $76,936.84 0.140 %
ENERSYS 6.625% 01/15/32 29275YAF9 $77,021.39 0.140 %
SPECIALTY BUILD 7.75% 10/15/29 84749AAC1 $75,395.12 0.140 %
CARPENTER TECH 7.625% 03/15/30 144285AM5 $78,321.47 0.140 %
ARDAGH METAL PA 3.25% 09/01/28 03969YAA6 $74,366.01 0.140 %
SEALED AIR/SEAL 7.25% 02/15/31 812127AB4 $74,754.14 0.140 %
UNITED RENTALS N 5.5% 05/15/27 911365BF0 $76,863.95 0.140 %
BROOKFIELD RES 4.875% 02/15/30 11283YAD2 $73,978.83 0.140 %
SEALED AIR CORP 4% 12/01/27 81211KAY6 $68,731.33 0.130 %
VALVOLINE INC 3.625% 06/15/31 92047WAG6 $72,535.10 0.130 %
SEALED AIR CORP 5% 04/15/29 81211KBA7 $67,946.70 0.130 %
NUFARM AUSTRALIA/A 5% 01/27/30 67052NAB1 $70,558.82 0.130 %
INEOS QUATTRO 9.625% 03/15/29 45674GAB0 $72,031.94 0.130 %
BRINK'S CO/THE 6.75% 06/15/32 109696AD6 $68,202.43 0.130 %
NOVA CHEMICALS COR 7% 12/01/31 66977WAV1 $69,082.62 0.130 %
MUELLER WATER PROD 4% 06/15/29 624758AF5 $70,002.09 0.130 %
ATI INC 4.875% 10/01/29 01741RAL6 $69,132.39 0.130 %
NEW GOLD INC 6.875% 04/01/32 644535AJ5 $71,470.70 0.130 %
EQUIPMENTSHARE 8.625% 05/15/32 29450YAB5 $68,579.77 0.130 %
RXO INC 7.5% 11/15/27 98379JAA3 $68,601.24 0.130 %
EMPIRE COMMUNIT 9.75% 05/01/29 29163VAG8 $71,986.05 0.130 %
CROWN AMERICAS 5.25% 04/01/30 228180AB1 $73,195.94 0.130 %
RESIDEO FUNDING IN 4% 09/01/29 76119LAB7 $68,058.00 0.130 %
NOVA CHEMICALS C 8.5% 11/15/28 66977WAT6 $70,902.25 0.130 %
ADAMS HOMES INC 9.25% 10/15/28 00623PAB7 $70,366.62 0.130 %
CONSTELLIUM SE 3.75% 04/15/29 21039CAB0 $73,132.26 0.130 %
BEACON ROOFING S 4.5% 11/15/26 073685AF6 $71,454.74 0.130 %
ATI INC 7.25% 08/15/30 01741RAN2 $68,128.34 0.130 %
GRAHAM HOLDINGS 5.75% 06/01/26 384637AA2 $72,097.83 0.130 %
LGI HOMES INC 7% 11/15/32 50187TAK2 $67,905.68 0.130 %
SEALED AIR CORP 6.5% 07/15/32 812127AC2 $72,213.72 0.130 %
GRAPHIC PACKAGIN 3.5% 03/15/28 38869AAB3 $71,257.10 0.130 %
TKC HOLDINGS I 6.875% 05/15/28 87256YAC7 $72,153.46 0.130 %
GLOBAL INFRAST 5.625% 06/01/29 37960XAA5 $67,954.05 0.130 %
KORN/FERRY INT 4.625% 12/15/27 50067PAA7 $69,414.75 0.130 %
KB HOME 4.8% 11/15/29 48666KAY5 $69,070.93 0.130 %
TUTOR PERINI 11.875% 04/30/29 901109AG3 $68,646.28 0.130 %
ALLIANCE RES O 8.625% 06/15/29 01879NAC9 $69,199.90 0.130 %
ADTALEM GLOBAL E 5.5% 03/01/28 00737WAA7 $69,567.51 0.130 %
IAMGOLD CORP 5.75% 10/15/28 450913AF5 $72,309.45 0.130 %
CP ATLAS BUYER INC 7% 12/01/28 12597YAA7 $66,687.27 0.120 %
M/I HOMES INC 4.95% 02/01/28 55305BAS0 $64,194.34 0.120 %
GRAPHIC PACKAGI 3.75% 02/01/30 38869AAD9 $65,234.41 0.120 %
PARK RIVER HOL 5.625% 02/01/29 70082LAA5 $64,402.15 0.120 %
ASHLAND INC 3.375% 09/01/31 04433LAA0 $66,954.85 0.120 %
CELANESE US HOLD 1.4% 08/05/26 15089QAK0 $66,799.87 0.120 %
TRINET GROUP INC 3.5% 03/01/29 896288AA5 $67,038.46 0.120 %
CASCADES INC/U 5.375% 01/15/28 14739LAB8 $64,320.81 0.120 %
BOISE CASCADE 4.875% 07/01/30 09739DAD2 $62,532.44 0.120 %
BWX TECHNOLOGI 4.125% 04/15/29 05605HAC4 $66,021.46 0.120 %
INEOS FINANCE P 6.75% 05/15/28 44984WAH0 $65,377.31 0.120 %
MATTHEWS INTER 8.625% 10/01/27 577128AC5 $67,791.11 0.120 %
BRUNDAGE-BONE CO 7.5% 02/01/32 66981QAB2 $63,787.07 0.120 %
PIKE CORP 8.625% 01/31/31 721283AB5 $63,854.37 0.120 %
GRAND CANYON U 5.125% 10/01/28 38528UAE6 $66,148.16 0.120 %
WRANGLER HOLDC 6.625% 04/01/32 37441QAA9 $66,752.25 0.120 %
BWX TECHNOLOGI 4.125% 06/30/28 05605HAB6 $62,970.98 0.120 %
MERCER INTL I 12.875% 10/01/28 588056BC4 $67,164.40 0.120 %
PITNEY BOWES I 6.875% 03/15/27 724479AP5 $65,414.27 0.120 %
SHEA HOMES LP/F 4.75% 02/15/28 82088KAK4 $63,764.36 0.120 %
WEEKLEY HOMES 4.875% 09/15/28 948565AD8 $61,845.51 0.110 %
MATTAMY GROUP C 5.25% 12/15/27 57701RAJ1 $59,148.46 0.110 %
ABC SUPPLY CO 3.875% 11/15/29 024747AG2 $60,983.86 0.110 %
PARK-OHIO INDU 6.625% 04/15/27 700677AR8 $57,923.69 0.110 %
TITAN INTERNATIONA 7% 04/30/28 88830MAM4 $61,407.06 0.110 %
AMSTED INDUSTR 4.625% 05/15/30 032177AJ6 $57,890.54 0.110 %
MINERALS TECHNOLOG 5% 07/01/28 603158AA4 $58,513.10 0.110 %
REWORLD HOLDING CO 5% 09/01/30 22282EAJ1 $58,548.37 0.110 %
TRIMAS CORP 4.125% 04/15/29 896215AH3 $58,523.16 0.110 %
NEW HOME CO INC 9.25% 10/01/29 645370AF4 $61,270.90 0.110 %
SNF GROUP SACA 3.125% 03/15/27 7846ELAD9 $57,358.34 0.110 %
TOPBUILD CORP 3.625% 03/15/29 89055FAB9 $60,808.72 0.110 %
TMS INTERNATION 6.25% 04/15/29 87261QAC7 $57,362.96 0.110 %
API GROUP DE IN 4.75% 10/15/29 00185PAA9 $60,206.44 0.110 %
UNITED STATES S 6.65% 06/01/37 912909AD0 $59,827.89 0.110 %
COMMERCIAL MET 3.875% 02/15/31 201723AP8 $58,153.67 0.110 %
ATKORE INC 4.25% 06/01/31 047649AA6 $61,392.43 0.110 %
GYP HOLDINGS I 4.625% 05/01/29 36261NAA5 $57,780.80 0.110 %
SCIENCE APPLIC 4.875% 04/01/28 808625AA5 $58,779.49 0.110 %
PERENTI FINANCE 7.5% 04/26/29 71367VAB5 $61,500.00 0.110 %
JW ALUMINUM CO 10.25% 04/01/30 46648XAB4 $58,789.78 0.110 %
ARCOSA INC 4.375% 04/15/29 039653AA8 $60,936.31 0.110 %
OI EUROPEAN GRO 4.75% 02/15/30 67777LAD5 $59,993.99 0.110 %
COEUR MINING I 5.125% 02/15/29 192108BC1 $60,387.81 0.110 %
H.B. FULLER CO 4.25% 10/15/28 40410KAA3 $57,056.08 0.110 %
AVIS BUDGET CAR 5.75% 07/15/27 053773BC0 $59,464.14 0.110 %
BEAZER HOMES U 5.875% 10/15/27 07556QBR5 $58,379.02 0.110 %
BEACON ROOFING 4.125% 05/15/29 073685AH2 $58,555.04 0.110 %
WABASH NATIONAL 4.5% 10/15/28 929566AL1 $58,335.63 0.110 %
ATS CORP 4.125% 12/15/28 001940AC9 $51,942.61 0.100 %
DREAM FINDERS H 8.25% 08/15/28 26154DAA8 $52,134.23 0.100 %
SHEA HOMES LP/F 4.75% 04/01/29 82088KAJ7 $56,611.01 0.100 %
HERENS HOLDCO S 4.75% 05/15/28 427169AA5 $53,273.56 0.100 %
PITNEY BOWES IN 7.25% 03/15/29 724479AQ3 $55,306.36 0.100 %
XPO CNW INC 6.7% 05/01/34 12612WAB0 $51,747.92 0.100 %
SNF GROUP SACA 3.375% 03/15/30 7846ELAE7 $54,228.38 0.100 %
AHLSTROM HLDG 4.875% 02/04/28 84612JAA0 $51,926.02 0.100 %
BROOKFIELD RESID P 5% 06/15/29 11283YAG5 $54,351.46 0.100 %
IRIS HOLDING INC 10% 12/15/28 462914AA0 $54,516.73 0.100 %
RAILWORKS HOLDI 8.25% 11/15/28 75079MAA7 $53,647.97 0.100 %
ATI INC 5.125% 10/01/31 01741RAM4 $51,922.54 0.100 %
KB HOME 4% 06/15/31 48666KAZ2 $52,989.19 0.100 %
GRAFTECH GLOBA 9.875% 12/23/29 38431AAB2 $56,850.40 0.100 %
GRAFTECH FINAN 4.625% 12/23/29 384311AC0 $52,757.26 0.100 %
ADVANCED DRAIN 6.375% 06/15/30 00790RAB0 $56,582.15 0.100 %
GRAPHIC PACKAGI 4.75% 07/15/27 38869AAA5 $46,717.84 0.090 %
SPIRIT AEROSYST 3.85% 06/15/26 85205TAG5 $49,886.13 0.090 %
OLYMPUS WTR US 6.25% 10/01/29 681639AB6 $50,143.38 0.090 %
CROWN AMER/CAP 4.25% 09/30/26 22819KAB6 $49,156.84 0.090 %
SOTHEBY'S/BIDF 5.875% 06/01/29 83600GAA2 $48,473.95 0.090 %
CLEVELAND-CLIF 4.875% 03/01/31 185899AL5 $47,145.55 0.090 %
KB HOME 6.875% 06/15/27 48666KAX7 $46,277.63 0.090 %
ATI INC 5.875% 12/01/27 01741RAH5 $51,210.59 0.090 %
INTERFACE INC 5.5% 12/01/28 458665AS5 $46,836.85 0.090 %
PATRICK INDUSTR 4.75% 05/01/29 703343AD5 $48,792.21 0.090 %
INSTALLED BUILD 5.75% 02/01/28 45780RAA9 $46,877.93 0.090 %
CORNERSTONE BU 6.125% 01/15/29 21925DAA7 $46,535.98 0.090 %
CARPENTER TECH 6.375% 07/15/28 144285AL7 $51,090.87 0.090 %
WR GRACE HOLDI 7.375% 03/01/31 92943GAE1 $50,339.73 0.090 %
ASHLAND INC 6.875% 05/15/43 044209AM6 $48,232.20 0.090 %
ENPRO INC 5.75% 10/15/26 29355XAG2 $50,053.65 0.090 %
GREAT LAKES DRE 5.25% 06/01/29 390607AF6 $51,008.18 0.090 %
GLOBAL INFRASTRU 7.5% 04/15/32 37960XAB3 $47,691.64 0.090 %
ASHTON WOODS U 6.625% 01/15/28 045086AK1 $50,567.47 0.090 %
MANITOWOC COMPA 9.25% 10/01/31 563571AN8 $46,110.90 0.090 %
CLEVELAND-CLIF 4.625% 03/01/29 185899AK7 $50,506.72 0.090 %
GRAPHIC PACKAGIN 3.5% 03/01/29 38869AAC1 $51,448.73 0.090 %
KB HOME 7.25% 07/15/30 48666KBA6 $49,171.77 0.090 %
BLUELINX HOLDING 6% 11/15/29 09624HAA7 $40,870.44 0.080 %
ALBION FINANCIN 8.75% 04/15/27 013305AA5 $41,755.93 0.080 %
CLEAN HARBORS 5.125% 07/15/29 184496AP2 $44,837.55 0.080 %
H.B. FULLER CO 4% 02/15/27 359694AB2 $44,132.93 0.080 %
COMMERCIAL MET 4.375% 03/15/32 201723AR4 $40,905.82 0.080 %
MATIV HOLDINGS INC 8% 10/01/29 808541AC0 $45,496.61 0.080 %
CENTURY ALUMINUM 7.5% 04/01/28 156431AN8 $45,456.66 0.080 %
STL HOLDING CO 8.75% 02/15/29 861036AB7 $41,313.92 0.080 %
FOUNDATION BUILDIN 6% 03/01/29 350392AA4 $45,684.42 0.080 %
HILLENBRAND INC 3.75% 03/01/31 431571AE8 $43,355.12 0.080 %
CONSTELLIUM SE 6.375% 08/15/32 21039CAD6 $43,968.38 0.080 %
COMMERCIAL MET 4.125% 01/15/30 201723AQ6 $41,819.34 0.080 %
ALGOMA STEEL I 9.125% 04/15/29 01566MAD7 $45,967.06 0.080 %
M/I HOMES INC 3.95% 02/15/30 55305BAV3 $45,788.76 0.080 %
CORONADO FINANC 9.25% 10/01/29 21979LAB2 $41,727.40 0.080 %
OWENS-BROCKWAY 7.375% 06/01/32 69073TAV5 $44,343.58 0.080 %
LOUISIANA-PACI 3.625% 03/15/29 546347AM7 $44,169.25 0.080 %
CLEARWATER PAPE 4.75% 08/15/28 18538RAJ2 $37,484.85 0.070 %
CARRIAGE PURCH 7.875% 10/15/29 14445LAA5 $39,548.66 0.070 %
METHANEX CORP 5.65% 12/01/44 59151KAJ7 $39,626.00 0.070 %
LANDSEA HOMES 8.875% 04/01/29 51509PAA1 $37,548.03 0.070 %
CORNERSTONE BUIL 9.5% 08/15/29 21925DAB5 $40,569.41 0.070 %
KBR INC 4.75% 09/30/28 48242WAC0 $37,788.34 0.070 %
DANAOS CORP 8.5% 03/01/28 23585WAA2 $36,126.55 0.070 %
TRI POINTE HOMES 5.7% 06/15/28 87265HAG4 $30,367.64 0.060 %
ASHTON WOODS U 4.625% 08/01/29 045086AM7 $33,391.51 0.060 %
JELD-WEN INC 7% 09/01/32 47580PAA1 $35,172.20 0.060 %
API GROUP DE I 4.125% 07/15/29 001877AA7 $33,046.15 0.060 %
ENERSYS 4.375% 12/15/27 29275YAC6 $24,650.09 0.050 %
CRANE NXT CO 4.2% 03/15/48 224399AT2 $29,092.19 0.050 %
SIGNAL PARENT 6.125% 04/01/29 82666QAA3 $25,251.49 0.050 %
PARK RIVER HOLD 6.75% 08/01/29 70082LAB3 $27,953.31 0.050 %
LGI HOMES INC 4% 07/15/29 50187TAF3 $24,110.60 0.040 %
WW INTERNATIONAL 4.5% 04/15/29 98262PAA9 $23,756.25 0.040 %
BEAZER HOMES USA 7.5% 03/15/31 07556QBU8 $24,183.12 0.040 %
NET OTHER ASSETS NA -$7,302.74 -0.010 %
As of 04/24/2025 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)
Apr 1, 2025 Apr 1, 2025 Apr 4, 2025 0.22567
Mar 3, 2025 Mar 3, 2025 Mar 6, 2025 0.18574
Feb 3, 2025 Feb 3, 2025 Feb 6, 2025 0.20545
Dec 30, 2024 Dec 30, 2024 Jan 3, 2025 0.21627
Dec 2, 2024 Dec 2, 2024 Dec 5, 2024 0.20163
Nov 1, 2024 Nov 1, 2024 Nov 6, 2024 0.20589
Oct 1, 2024 Oct 1, 2024 Oct 4, 2024 0.23087
Sep 3, 2024 Sep 3, 2024 Sep 6, 2024 0.17254
Aug 1, 2024 Aug 1, 2024 Aug 6, 2024 0.23509
Jul 1, 2024 Jul 1, 2024 Jul 5, 2024 0.21640
Jun 3, 2024 Jun 3, 2024 Jun 6, 2024 0.23141
May 1, 2024 May 2, 2024 May 7, 2024 0.21765
Apr 1, 2024 Apr 2, 2024 Apr 5, 2024 0.23238
Mar 1, 2024 Mar 4, 2024 Mar 7, 2024 0.22803
Feb 1, 2024 Feb 2, 2024 Feb 7, 2024 0.21701
Dec 28, 2023 Dec 29, 2023 Jan 4, 2024 0.22498
Dec 1, 2023 Dec 4, 2023 Dec 7, 2023 0.22343
Nov 1, 2023 Nov 2, 2023 Nov 7, 2023 0.24191
Oct 2, 2023 Oct 3, 2023 Oct 6, 2023 0.20003
Sep 1, 2023 Sep 5, 2023 Sep 8, 2023 0.22207
Aug 1, 2023 Aug 2, 2023 Aug 7, 2023 0.22458
Jul 3, 2023 Jul 5, 2023 Jul 10, 2023 0.19794
Jun 1, 2023 Jun 2, 2023 Jun 7, 2023 0.25093
May 1, 2023 May 2, 2023 May 5, 2023 0.20460
Apr 3, 2023 Apr 4, 2023 Apr 7, 2023 0.02567
Mar 1, 2023 Mar 2, 2023 Mar 7, 2023 0.22970
Feb 1, 2023 Feb 2, 2023 Feb 7, 2023 0.17024
Dec 29, 2022 Dec 30, 2022 Jan 5, 2023 0.19613
Dec 1, 2022 Dec 2, 2022 Dec 7, 2022 0.17910
Nov 1, 2022 Nov 2, 2022 Nov 7, 2022 0.18656
Oct 3, 2022 Oct 4, 2022 Oct 7, 2022 0.27516
Sep 1, 2022 Sep 2, 2022 Sep 8, 2022 0.19593
Aug 1, 2022 Aug 2, 2022 Aug 5, 2022 0.18547
Jul 1, 2022 Jul 5, 2022 Jul 8, 2022 0.17140
Jun 1, 2022 Jun 2, 2022 Jun 6, 2022 0.18810
May 2, 2022 May 3, 2022 May 6, 2022 0.17430
Apr 1, 2022 Apr 4, 2022 Apr 7, 2022 0.25153

Yield to Worst: The bond yield is computed by using the lower of either the yield to maturity or the yield to call on every possible call date. Yield to worst is shown for all securities with the exception of agency mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS). Agency MBS are priced based on zero volatility yield. CMBS and ABS are priced based on effective maturity.

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

After Tax Post-Liq.(%): After-Tax Post-Liquidation Returns measure the performance of the fund after accounting for both taxes on distributions and the taxes incurred from selling the fund shares. This metric provides a comprehensive view of the investment’s tax impact, including the realization of capital gains or losses upon the sale. The highest marginal Federal tax rate is assumed.

After Tax Pre-Liq.(%): After-Tax Pre-Liquidation Returns refer to the performance of the fund after considering the impact of taxes on distributions, but before any action to sell the fund shares is taken. This measure provides investors with insight into how taxes affect their returns without factoring in the potential taxes from selling the investment, thus focusing solely on the tax implications of the fund’s income and capital gains distributions. The highest marginal Federal tax rate is assumed.

After-tax yield: The after-tax yield is the return that investors can expect to receive after accounting for taxes owed on the interest income generated by the bond. This yield is particularly important when comparing the returns on municipal bonds, which are often exempt from federal income tax (and sometimes state and local taxes if the bond is issued within the investor’s state of residence), with those on taxable bonds, like corporate or government bonds.

Tax Equivalent Yield: The tax-equivalent yield (TEY) is the yield that a taxable bond would need to equal the yield on a comparable tax-exempt municipal bond, taking into account the impact of taxes. The calculation is a tool that investors can use to fairly compare the yield between a tax-free investment and a taxable alternative. TEY assumes the highest marginal Federal tax rate, is measured at the individual bond level, and aggregated to the portfolio level.

Tax Equivalent Yield = Tax Free Municipal Bond Yield / (1-Tax Rate)

Effective duration: Effective duration is a way to measure interest-rate sensitivity for bonds that have embedded options, such as callable or puttable features. Effective duration captures the potential variations in cash flows due to these options, and can be measured using modified duration for option-free bonds. The calculation is measured at the individual bond level and then aggregated to the portfolio level.

The 30-Day SEC Yield represents net investment income earned by the fund over the 30-Day period, expressed as an annual percent age rate based on the fund’s share price at the end of the 30-Day period.

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): OAS is the yield spread between a bond or portfolio and a risk-free benchmark, typically US government securities, adjusted for the effects of embedded options. It reflects compensation for credit, liquidity, and other risks, excluding interest rate volatility.

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 is 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/