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XHYT

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Net asset value

$34.68

EXPENSE RATIO

0.35%

Yield to Maturity

8.23%

30-Day Sec Yield

7.70%
ALL DATA AS OF 02/11/2025, UNLESS OTHERWISE STATED. 30-DAY SEC YIELD AS OF 01/31/2025. 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 Telecom, Media & Technology Sector ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds in the telecommunications, media and technology sector. The Fund is newly organized, non-diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub-sectors *Unless otherwise stated, the information on this page is as of 02/11/2025

Sub-Sector

Fund Details

Product Name BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Ticker XHYT
CUSIP 09789C507
Asset Class Fixed Income
Fund Inception Date 2/15/2022
Exchange NYSE Arca
Distribution Frequency Monthly
Fund Net Assets $124,837,195
Shares Outstanding 3,600,000
Median Spread 0.60%
Premium Discount Ratio 0.04%
Closing Price as of 02/11/2025 $34.69

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 289
Number of Issuers 124
Average Coupon 6.31%
Average Maturity 4.54 Years
* 30-Day SEC Yield is as of 01/31/2025
Yield to Maturity 8.23%
Yield to Worst 8.05%
Option Adjusted Spread 353
Spread Duration 3.04
30-Day SEC Yield* 7.70%

Portfolio Breakdown

Corporate 98.7%
Cash and Equivalents 1.2%
Due to rounding, these values may exceed 100%

Index Details

Provider Name ICE Data Services
Index ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index
Index Ticker JDTM
Index Market Cap $251.431B

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
CCO Holdings LLC/ CCO Holdings Capital Corp. 10.12 %
CSC Holdings LLC 3.64 %
Sirius Xm Radio Inc 3.28 %
Level 3 Financing Inc. 2.85 %
Altice France S.A 2.56 %
Univision Communications Inc. 2.44 %
Cloud Software Group Inc. 2.36 %
EchoStar Corp. 2.35 %
Clear Channel Outdoor Holdings Inc New 1.96 %
DISH DBS Corporation 1.87 %
Name CUSIP Market Value % of Net Assets
ECHOSTAR CORP 10.75% 11/30/29 278768AC0 $2,935,102.51 2.350 %
CLOUD SOFTWARE GRP 9% 09/30/29 18912UAA0 $2,014,453.68 1.610 %
CLOUD SOFTWARE G 6.5% 03/31/29 88632QAE3 $1,997,903.30 1.600 %
DISH NETWORK C 11.75% 11/15/27 25470MAG4 $1,877,371.38 1.500 %
DIRECTV FIN LL 5.875% 08/15/27 25461LAA0 $1,864,025.10 1.490 %
CCO HLDGS LLC/ 5.125% 05/01/27 1248EPBT9 $1,548,092.77 1.240 %
CASH CASH $1,517,156.03 1.220 %
INTELSAT JACKSON 6.5% 03/15/30 45824TBC8 $1,416,779.35 1.130 %
CCO HLDGS LLC/C 4.75% 03/01/30 1248EPCD3 $1,384,023.43 1.110 %
CCO HLDGS LLC/CA 4.5% 08/15/30 1248EPCE1 $1,348,736.26 1.080 %
CCO HLDGS LLC/CAP 5% 02/01/28 1248EPBX0 $1,293,799.89 1.040 %
UKG INC 6.875% 02/01/31 90279XAA0 $1,271,388.64 1.020 %
CCO HLDGS LLC/C 4.25% 02/01/31 1248EPCK7 $1,275,571.38 1.020 %
DISH DBS CORP 5.25% 12/01/26 25470XBE4 $1,245,938.37 1.000 %
CCO HLDGS LLC/CA 4.5% 05/01/32 1248EPCN1 $1,249,649.45 1.000 %
WINDSTREAM SERV 8.25% 10/01/31 97381AAA0 $1,175,733.17 0.940 %
WESTERN DIGITAL 4.75% 02/15/26 958102AM7 $1,154,917.31 0.930 %
DISH DBS CORP 5.75% 12/01/28 25470XBF1 $1,085,632.51 0.870 %
VODAFONE GROUP PL V/R 04/04/79 92857WBQ2 $1,028,420.66 0.820 %
SS&C TECHNOLOGIE 5.5% 09/30/27 78466CAC0 $1,004,725.02 0.800 %
MCAFEE CORP 7.375% 02/15/30 579063AB4 $1,001,060.69 0.800 %
CSC HOLDINGS L 11.75% 01/31/29 126307BN6 $956,322.58 0.770 %
CLOUD SOFTWARE 8.25% 06/30/32 18912UAC6 $932,208.37 0.750 %
CONNECT FINCO SARL 9% 09/15/29 20752TAB0 $935,999.06 0.750 %
SIRIUS XM RADIO LL 4% 07/15/28 82967NBJ6 $926,219.34 0.740 %
ALTICE FRANCE 5.125% 07/15/29 02156LAF8 $919,705.98 0.740 %
LEVEL 3 FINANCING 11% 11/15/29 527298BV4 $905,055.72 0.720 %
NEXSTAR MEDIA 5.625% 07/15/27 65343HAA9 $845,014.85 0.680 %
CCO HLDGS LLC/C 4.25% 01/15/34 1248EPCP6 $851,888.29 0.680 %
ALTICE FRANCE SA 5.5% 10/15/29 02156LAH4 $830,344.65 0.670 %
FRONTIER COMMUNICA 5% 05/01/28 35906ABF4 $809,475.02 0.650 %
ALTICE FINANCIN 5.75% 08/15/29 02154CAH6 $802,638.99 0.640 %
CCO HLDGS LLC/ 6.375% 09/01/29 1248EPCS0 $767,303.38 0.610 %
UNIVISION COMM 6.625% 06/01/27 914906AU6 $743,980.48 0.600 %
UNIVISION COMMUNIC 8% 08/15/28 914906AY8 $748,359.54 0.600 %
NCR ATLEOS LLC 9.5% 04/01/29 638962AA8 $751,853.27 0.600 %
SIRIUS XM RADIO LL 5% 08/01/27 82967NBA5 $744,469.32 0.600 %
ENTEGRIS INC 4.75% 04/15/29 29365BAA1 $746,665.65 0.600 %
CSC HOLDINGS LLC 6.5% 02/01/29 126307AZ0 $741,981.78 0.590 %
CCO HLDGS LLC/ 5.375% 06/01/29 1248EPCB7 $739,842.50 0.590 %
CCO HLDGS LLC/CA 4.5% 06/01/33 1248EPCL5 $717,923.48 0.580 %
ZAYO GROUP HOLDING 4% 03/01/27 98919VAA3 $708,567.61 0.570 %
VZ SECURED FINANCI 5% 01/15/32 91845AAA3 $709,598.94 0.570 %
ALTICE FRANCE 8.125% 02/01/27 02156LAA9 $671,961.70 0.540 %
SIRIUS XM RADI 4.125% 07/01/30 82967NBG2 $671,873.27 0.540 %
SIRIUS XM RADI 3.875% 09/01/31 82967NBM9 $655,433.91 0.530 %
VIRGIN MEDIA SEC 5.5% 05/15/29 92769XAP0 $661,216.33 0.530 %
GRAY MEDIA INC 10.5% 07/15/29 389375AM8 $655,633.13 0.530 %
FRONTIER COMMUN 8.75% 05/15/30 35908MAD2 $638,167.61 0.510 %
CLEAR CHANNEL 5.125% 08/15/27 18453HAA4 $619,320.79 0.500 %
VMED O2 UK FINA 4.75% 07/15/31 92858RAB6 $618,319.81 0.500 %
VMED O2 UK FINA 4.25% 01/31/31 92858RAA8 $608,020.70 0.490 %
CSC HOLDINGS LLC 5.5% 04/15/27 126307AQ0 $599,293.21 0.480 %
SIRIUS XM RADIO 5.5% 07/01/29 82967NBC1 $601,657.38 0.480 %
FRONTIER COMMU 5.875% 10/15/27 35906ABE7 $601,807.52 0.480 %
UNIVISION COMMUN 8.5% 07/31/31 914906AZ5 $592,215.63 0.470 %
CCO HLDGS LLC/ 7.375% 03/01/31 1248EPCT8 $565,758.56 0.450 %
SUNRISE FINCO 4.875% 07/15/31 90320BAA7 $560,334.09 0.450 %
CSC HOLDINGS LLC 4.5% 11/15/31 126307BH9 $551,461.02 0.440 %
MIDAS OPCO HOL 5.625% 08/15/29 59565JAA9 $546,610.52 0.440 %
LCPR SR SECURED 6.75% 10/15/27 50201DAA1 $544,626.11 0.440 %
ALTICE FRANCE SA 5.5% 01/15/28 02156LAC5 $536,489.68 0.430 %
ENTEGRIS INC 5.95% 06/15/30 29365BAB9 $530,713.00 0.430 %
LEVEL 3 FINANCI 10.5% 05/15/30 527298BU6 $529,454.20 0.420 %
CSC HOLDINGS L 11.25% 05/15/28 126307BM8 $528,902.88 0.420 %
CCO HLDGS LLC/C 4.75% 02/01/32 1248EPCQ4 $522,990.98 0.420 %
TEGNA INC 5% 09/15/29 87901JAH8 $525,073.91 0.420 %
RR DONNELLEY & S 9.5% 08/01/29 257867BJ9 $510,423.11 0.410 %
FRONTIER COMMUN 6.75% 05/01/29 35906ABG2 $510,171.72 0.410 %
SABLE INTL FIN 7.125% 10/15/32 785712AK6 $493,266.46 0.400 %
AMC NETWORKS I 10.25% 01/15/29 00164VAG8 $493,898.92 0.400 %
UNIVISION COMM 7.375% 06/30/30 914906AX0 $494,820.64 0.400 %
FRONTIER COMMUNICA 6% 01/15/30 35908MAB6 $488,598.70 0.390 %
COHERENT CORP 5% 12/15/29 902104AC2 $484,526.87 0.390 %
CLEAR CHANNEL 7.875% 04/01/30 18453HAF3 $482,257.80 0.390 %
ZAYO GROUP HOL 6.125% 03/01/28 98919VAB1 $492,403.91 0.390 %
CLEAR CHANNEL O 7.75% 04/15/28 18453HAC0 $484,561.93 0.390 %
TEGNA INC 4.625% 03/15/28 87901JAJ4 $486,802.86 0.390 %
PARAMOUNT GLOBAL V/R 03/30/62 92556HAE7 $488,327.87 0.390 %
ZEGONA FINANCE 8.625% 07/15/29 98927UAA5 $489,306.43 0.390 %
SIRIUS XM RADI 3.125% 09/01/26 82967NBL1 $483,759.31 0.390 %
ILIAD HOLDING SA 8.5% 04/15/31 449691AF1 $475,282.31 0.380 %
CLEAR CHANNEL OU 7.5% 06/01/29 18453HAD8 $471,350.40 0.380 %
NEXSTAR MEDIA I 4.75% 11/01/28 65336YAN3 $477,281.16 0.380 %
ILIAD HOLDING SAS 7% 10/15/28 449691AC8 $471,523.78 0.380 %
UNIVISION COMMUN 4.5% 05/01/29 914906AV4 $466,564.92 0.370 %
GEN DIGITAL INC 6.75% 09/30/27 668771AK4 $464,194.19 0.370 %
ROBLOX CORP 3.875% 05/01/30 771049AA1 $463,088.59 0.370 %
ALTICE FINANCING S 5% 01/15/28 02154CAF0 $457,126.83 0.370 %
SENSATA TECHNOLOGI 4% 04/15/29 81725WAK9 $463,952.14 0.370 %
ZIGGO BV 4.875% 01/15/30 98955DAA8 $462,800.17 0.370 %
ARCHES BUYER IN 4.25% 06/01/28 039524AA1 $448,109.65 0.360 %
LABL INC 8.625% 10/01/31 50168QAF2 $449,266.14 0.360 %
OPEN TEXT CORP 3.875% 02/15/28 683715AC0 $443,282.88 0.360 %
HTA GROUP LTD 7.5% 06/04/29 40435WAC4 $448,870.70 0.360 %
VODAFONE GROUP PL V/R 06/04/81 92857WBW9 $440,726.56 0.350 %
FAIR ISAAC CORP 4% 06/15/28 303250AF1 $430,815.43 0.350 %
ILIAD HOLDING SAS 7% 04/15/32 449691AG9 $432,303.91 0.350 %
ROCKET SOFTWARE IN 9% 11/28/28 77314EAB4 $424,367.58 0.340 %
CSC HOLDINGS L 3.375% 02/15/31 126307BF3 $406,534.27 0.330 %
CSC HOLDINGS L 5.375% 02/01/28 126307AS6 $409,501.48 0.330 %
MCGRAW-HILL EDU 5.75% 08/01/28 57767XAA8 $412,763.29 0.330 %
RADIATE HOLDCO / 4.5% 09/15/26 75026JAC4 $410,949.39 0.330 %
OPEN TEXT INC 4.125% 02/15/30 683720AA4 $408,884.66 0.330 %
COMMSCOPE LLC 4.75% 09/01/29 203372AX5 $416,135.87 0.330 %
VIRGIN MEDIA SEC 4.5% 08/15/30 92769XAR6 $402,290.23 0.320 %
VIRGIN MEDIA FINAN 5% 07/15/30 92769VAJ8 $398,010.43 0.320 %
SEAGATE HDD CA 9.625% 12/01/32 81180WBM2 $395,753.59 0.320 %
VERTIV GROUP C 4.125% 11/15/28 92535UAB0 $405,599.78 0.320 %
SS&C TECHNOLOGIE 6.5% 06/01/32 78466CAD8 $386,077.29 0.310 %
FRONTIER COMMU 5.875% 11/01/29 35908MAA8 $381,097.30 0.310 %
LEVEL 3 FINANCI 10.5% 04/15/29 527298BX0 $392,606.04 0.310 %
LEVEL 3 FINANC 10.75% 12/15/30 527298BZ5 $385,845.16 0.310 %
GO DADDY OPCO/FI 3.5% 03/01/29 38016LAC9 $385,379.29 0.310 %
ROGERS COMMUNICAT V/R 03/15/82 775109BS9 $383,465.12 0.310 %
FORTRESS INTERME 7.5% 06/01/31 34966MAA0 $391,348.62 0.310 %
ION TRADING TECH 9.5% 05/30/29 46205YAB7 $386,090.43 0.310 %
FRONTIER COMMU 8.625% 03/15/31 35908MAE0 $375,730.18 0.300 %
OPEN TEXT CORP 3.875% 12/01/29 683715AD8 $375,710.31 0.300 %
CLEAR CHANNEL OUTD 9% 09/15/28 18453HAE6 $377,117.09 0.300 %
CNT PRNT/CDK GLO I 8% 06/15/29 154915AA0 $375,404.94 0.300 %
CCO HLDGS LLC/CA 5.5% 05/01/26 1248EPBR3 $378,425.35 0.300 %
ELLUCIAN HOLDING 6.5% 12/01/29 289178AA3 $368,401.56 0.300 %
CONSOLIDATED COM 6.5% 10/01/28 20903XAF0 $369,159.42 0.300 %
GRAY MEDIA INC 5.375% 11/15/31 389286AA3 $363,630.74 0.290 %
DIRECTV FINANC 8.875% 02/01/30 25461LAB8 $359,357.40 0.290 %
VMED O2 UK FINA 7.75% 04/15/32 92858RAD2 $357,521.95 0.290 %
VODAFONE GROUP PL V/R 06/04/81 92857WBX7 $364,120.28 0.290 %
MILLICOM INTL CE 4.5% 04/27/31 600814AR8 $361,855.40 0.290 %
AMC NETWORKS IN 4.25% 02/15/29 00164VAF0 $365,572.96 0.290 %
MIDCONTINENT COMMU 8% 08/15/32 59565XAD2 $343,600.76 0.280 %
CNTRL PARENT/CD 7.25% 06/15/29 15477CAA3 $353,056.19 0.280 %
LABL INC 10.5% 07/15/27 50168AAA8 $344,981.68 0.280 %
CSC HOLDINGS L 4.125% 12/01/30 126307BB2 $349,149.43 0.280 %
CROWDSTRIKE HOLDIN 3% 02/15/29 22788CAA3 $340,308.96 0.270 %
XEROX HOLDINGS C 5.5% 08/15/28 98421MAB2 $330,913.29 0.270 %
MILLICOM INTL C 6.25% 03/25/29 600814AQ0 $340,427.26 0.270 %
MCGRAW-HILL ED 7.375% 09/01/31 58064LAA2 $342,479.73 0.270 %
HUGHES SATELLIT 5.25% 08/01/26 444454AD4 $334,261.80 0.270 %
COGENT COMM GROU 3.5% 05/01/26 19240CAC7 $322,038.27 0.260 %
PARAMOUNT GLOBAL V/R 02/28/57 92553PBC5 $323,870.51 0.260 %
ON SEMICONDUCT 3.875% 09/01/28 682189AQ8 $326,566.41 0.260 %
HELIOS SOFT/ION 8.75% 05/01/29 42329HAB4 $326,420.27 0.260 %
MCGRAW-HILL EDUCAT 8% 08/01/29 57767XAB6 $324,275.47 0.260 %
ZI TECH LLC/ZI 3.875% 02/01/29 98981BAA0 $307,998.47 0.250 %
DYE & DURHAM L 8.625% 04/15/29 267486AA6 $311,066.25 0.250 %
GEN DIGITAL IN 7.125% 09/30/30 668771AL2 $311,228.25 0.250 %
OPEN TEXT INC 4.125% 12/01/31 683720AC0 $307,125.98 0.250 %
MILLENNIUM ESC 6.625% 08/01/26 60041CAA6 $311,176.28 0.250 %
ADVANTAGE SALES 6.5% 11/15/28 00775PAA5 $306,894.67 0.250 %
LCPR SR SECURE 5.125% 07/15/29 50201DAD5 $315,342.94 0.250 %
SENSATA TECHNOL 3.75% 02/15/31 81728UAB0 $298,887.47 0.240 %
IHEARTCOMMUNIC 9.125% 05/01/29 45174HBJ5 $302,860.29 0.240 %
VIASAT INC 5.625% 04/15/27 92552VAL4 $301,906.58 0.240 %
LAMAR MEDIA COR 3.75% 02/15/28 513075BR1 $282,543.98 0.230 %
GO DADDY OPCO/F 5.25% 12/01/27 38016LAA3 $290,080.24 0.230 %
NCR VOYIX CORP 5% 10/01/28 62886EAY4 $286,217.63 0.230 %
LEVEL 3 FINANCIN 4.5% 04/01/30 527298CD3 $281,860.63 0.230 %
GCI LLC 4.75% 10/15/28 36166TAB6 $288,786.09 0.230 %
US CELLULAR CORP 6.7% 12/15/33 911684AD0 $291,226.14 0.230 %
VODAFONE GROUP PL V/R 06/04/81 92857WBV1 $286,905.71 0.230 %
FIBERCOP SPA 7.721% 06/04/38 683879AH3 $283,198.64 0.230 %
GRAY MEDIA INC 7% 05/15/27 389284AA8 $280,410.22 0.220 %
ROCKET SOFTWARE 6.5% 02/15/29 77314EAA6 $279,786.47 0.220 %
LUMEN TECHNOLOGIE 10% 10/15/32 550241AK9 $274,983.28 0.220 %
RR DONNELLEY 10.875% 08/01/29 257867BK6 $271,573.78 0.220 %
SEAGATE HDD CAYM 8.5% 07/15/31 81180WBP5 $275,239.09 0.220 %
ELASTIC NV 4.125% 07/15/29 28415LAA1 $272,623.54 0.220 %
SEAGATE HDD CAY 8.25% 12/15/29 81180WBN0 $275,808.32 0.220 %
VIRGIN MEDIA VEND 5% 07/15/28 92770QAA5 $269,262.87 0.220 %
ZEBRA TECHNOLOGI 6.5% 06/01/32 989207AD7 $257,672.61 0.210 %
AMKOR TECHNOLO 6.625% 09/15/27 031652BK5 $267,005.85 0.210 %
UNISYS CORP 6.875% 11/01/27 909214BV9 $258,317.32 0.210 %
LEVEL 3 FINANC 4.875% 06/15/29 527298CB7 $259,706.37 0.210 %
LAMAR MEDIA CORP 4% 02/15/30 513075BT7 $260,950.51 0.210 %
CABLE ONE INC 4% 11/15/30 12685JAC9 $258,132.47 0.210 %
HUGHES SATELLI 6.625% 08/01/26 444454AF9 $259,261.29 0.210 %
SEAGATE HDD CAY 5.75% 12/01/34 81180WAN1 $267,250.49 0.210 %
CIMPRESS PLC 7.375% 09/15/32 17186HAH5 $258,856.55 0.210 %
VIASAT INC 7.5% 05/30/31 92552VAR1 $257,645.73 0.210 %
TEGNA INC 4.75% 03/15/26 87901JAF2 $260,741.70 0.210 %
SENSATA TECHNO 6.625% 07/15/32 81728UAC8 $266,562.03 0.210 %
SEAGATE HDD CA 4.091% 06/01/29 81180WBC4 $261,716.28 0.210 %
BRITISH TELECOMMU V/R 11/23/81 11102AAG6 $247,578.29 0.200 %
FIBERCOP SPA 7.2% 07/18/36 683879AF7 $255,545.50 0.200 %
TELECOM ITALIA 6.375% 11/15/33 87927VAF5 $249,183.66 0.200 %
TELECOM ITALIA C 7.2% 07/18/36 87927VAR9 $252,601.04 0.200 %
FIBERCOP SPA 6.375% 11/15/33 683879AB6 $245,873.01 0.200 %
TTM TECHNOLOGIES I 4% 03/01/29 87305RAK5 $247,966.91 0.200 %
TELECOM ITALIA 7.721% 06/04/38 87927VAV0 $250,395.39 0.200 %
CAPSTONE BORROWER 8% 06/15/30 140944AA7 $244,546.96 0.200 %
TELECOM ITALIA CAP 6% 09/30/34 87927VAM0 $254,645.84 0.200 %
INSIGHT ENTERP 6.625% 05/15/32 45765UAC7 $247,879.48 0.200 %
FIBERCOP S.P.A. 6% 09/30/34 683879AD2 $245,792.88 0.200 %
SINCLAIR TELEV 4.125% 12/01/30 829259BA7 $252,272.52 0.200 %
IHEARTCOMMUNICA 7.75% 08/15/30 45174HBM8 $236,411.79 0.190 %
PTC INC 4% 02/15/28 69370CAC4 $235,563.78 0.190 %
NCR VOYIX CORP 5.125% 04/15/29 62886EBA5 $231,977.44 0.190 %
DELUXE CORP 8.125% 09/15/29 248019AW1 $234,344.24 0.190 %
CABLEVISION LI 3.875% 09/15/27 12687GAA7 $230,968.25 0.190 %
CMG MEDIA CORP 8.875% 06/18/29 125773AA9 $234,400.58 0.190 %
TWILIO INC 3.625% 03/15/29 90138FAC6 $234,840.86 0.190 %
LAMAR MEDIA CO 3.625% 01/15/31 513075BZ3 $237,219.06 0.190 %
SENSATA TECH I 4.375% 02/15/30 81728UAA2 $235,999.33 0.190 %
SENSATA TECHNO 5.875% 09/01/30 81725WAL7 $235,339.97 0.190 %
DELUXE CORP 8% 06/01/29 248019AU5 $232,111.54 0.190 %
ENTEGRIS INC 3.625% 05/01/29 29362UAD6 $232,184.89 0.190 %
MATCH GROUP HL 4.125% 08/01/30 57665RAL0 $230,612.42 0.180 %
MILLICOM INTL 7.375% 04/02/32 600814AS6 $222,623.25 0.180 %
SEAGATE HDD CA 4.875% 06/01/27 81180WAR2 $229,456.20 0.180 %
ANGI GROUP LLC 3.875% 08/15/28 001846AA2 $221,134.27 0.180 %
ARCHES BUYER I 6.125% 12/01/28 039524AB9 $230,548.42 0.180 %
IHEARTCOMMUNI 10.875% 05/01/30 45174HBL0 $224,429.70 0.180 %
ALTICE FRANCE 5.125% 01/15/29 02156LAE1 $221,715.60 0.180 %
TWILIO INC 3.875% 03/15/31 90138FAD4 $224,639.53 0.180 %
MATCH GROUP HL 4.625% 06/01/28 57665RAN6 $230,129.80 0.180 %
GRAY MEDIA INC 4.75% 10/15/30 389375AL0 $224,756.65 0.180 %
HELIOS SOFT/IO 4.625% 05/01/28 42329HAA6 $206,577.25 0.170 %
ZIFF DAVIS INC 4.625% 10/15/30 48123VAF9 $212,335.39 0.170 %
BRITISH TELECOMMU V/R 11/23/81 11102AAF8 $214,092.63 0.170 %
MATCH GROUP HL 3.625% 10/01/31 57667JAA0 $207,506.60 0.170 %
MATCH GROUP HLD II 5% 12/15/27 57665RAG1 $217,502.53 0.170 %
XEROX HOLDINGS 8.875% 11/30/29 98421MAC0 $215,635.83 0.170 %
ZIGGO BOND CO 5.125% 02/28/30 98953GAD7 $206,106.78 0.170 %
CONSOLIDATED COMMU 5% 10/01/28 20903XAH6 $208,189.46 0.170 %
NEWFOLD DIGITA 11.75% 10/15/28 650929AA0 $210,255.94 0.170 %
LABL INC 5.875% 11/01/28 50168QAC9 $209,677.44 0.170 %
ION TRADING TEC 5.75% 05/15/28 46205YAA9 $216,484.48 0.170 %
SUNRISE HOLDCO I 5.5% 01/15/28 90320LAG2 $203,146.44 0.160 %
BANIJAY ENTERT 8.125% 05/01/29 060335AB2 $201,799.89 0.160 %
FAIR ISAAC CORP 5.25% 05/15/26 303250AE4 $197,196.54 0.160 %
SCRIPPS ESCROW 3.875% 01/15/29 81105DAA3 $195,400.19 0.160 %
AMS-OSRAM AG 12.25% 03/30/29 03217CAB2 $196,316.57 0.160 %
RINGCENTRAL INC 8.5% 08/15/30 76680RAJ6 $204,308.76 0.160 %
SYNAPTICS INC 4% 06/15/29 87157DAG4 $185,128.99 0.150 %
LAMAR MEDIA CO 4.875% 01/15/29 513075BW0 $188,237.38 0.150 %
CARS.COM INC 6.375% 11/01/28 14575EAA3 $187,693.25 0.150 %
ALTICE FINANCI 9.625% 07/15/27 02154CAJ2 $189,421.95 0.150 %
LEVEL 3 FINANCI 3.75% 07/15/29 527298BT9 $193,354.69 0.150 %
LABL INC 8.25% 11/01/29 50168QAD7 $191,254.69 0.150 %
MATCH GROUP HL 5.625% 02/15/29 57665RAJ5 $181,428.74 0.150 %
MILLICOM INTL 5.125% 01/15/28 600814AN7 $187,736.60 0.150 %
COGENT COMM GROUP 7% 06/15/27 19240CAE3 $189,798.97 0.150 %
VIASAT INC 6.5% 07/15/28 92552VAN0 $174,386.79 0.140 %
LEVEL 3 FINANC 3.875% 10/15/30 527298CF8 $180,241.58 0.140 %
AHEAD DB HOLDI 6.625% 05/01/28 00867FAA6 $178,094.26 0.140 %
CABLEVISION LI 5.625% 09/15/28 12687GAB5 $172,180.53 0.140 %
VIRTUSA CORP 7.125% 12/15/28 92837TAA0 $175,758.72 0.140 %
VIAVI SOLUTIONS 3.75% 10/01/29 925550AF2 $171,989.46 0.140 %
CIENA CORP 4% 01/31/30 171779AL5 $176,038.33 0.140 %
LEVEL 3 FINANCING 4% 04/15/31 527298CH4 $169,420.00 0.140 %
URBAN ONE INC 7.375% 02/01/28 91705JAC9 $165,226.04 0.130 %
SCRIPPS ESCROW 5.875% 07/15/27 81104PAA7 $168,129.46 0.130 %
LEVEL 3 FINANCING 10% 10/15/32 527298CK7 $156,451.58 0.130 %
GOTO GROUP INC 5.5% 05/01/28 38349YAA3 $159,092.49 0.130 %
LUMEN TECHNOLOGI 7.6% 09/15/39 156700AM8 $162,410.29 0.130 %
SINCLAIR TELEVIS 5.5% 03/01/30 829259AY6 $163,151.63 0.130 %
VM CONSOLIDATED 5.5% 04/15/29 91835HAA0 $163,169.48 0.130 %
WEST TECHNOLOGY 8.5% 04/10/27 956187AA6 $156,757.82 0.130 %
LIONS GATE CAPIT 5.5% 04/15/29 535939AA0 $155,780.63 0.120 %
LIONS GATE CAPIT 5.5% 04/15/29 53627NAE1 $155,838.45 0.120 %
BLOCK COMMUNIC 4.875% 03/01/28 093645AJ8 $147,892.52 0.120 %
FRONTIER FLORID 6.86% 02/01/28 362333AH9 $144,205.76 0.120 %
TELESAT CANADA 5.625% 12/06/26 87952VAR7 $155,420.90 0.120 %
NEWFOLD DIGITAL HL 6% 02/15/29 29279XAA8 $143,216.16 0.110 %
AFRICELL HOLDIN 10.5% 10/23/29 00833NAA0 $143,326.06 0.110 %
COGENT COMMS GRP / 7% 06/15/27 19240WAA7 $138,158.64 0.110 %
IHEARTCOMMUNICATIO 7% 01/15/31 45174HBK2 $141,084.81 0.110 %
LABL INC 9.5% 11/01/28 50168QAE5 $137,958.02 0.110 %
LUMEN TECHNOLO 4.125% 04/15/29 550241AB9 $138,792.19 0.110 %
GETTY IMAGES IN 9.75% 03/01/27 374276AJ2 $141,745.70 0.110 %
ALLEN MEDIA LLC 10.5% 02/15/28 01771YAA8 $129,494.73 0.100 %
LIBERTY INTERAC 8.25% 02/01/30 530715AJ0 $118,649.31 0.100 %
XEROX CORPORATI 6.75% 12/15/39 984121CB7 $123,419.63 0.100 %
LUMEN TECHNOLOGI 4.5% 01/15/29 156700BD7 $122,648.72 0.100 %
SEAGATE HDD CA 4.125% 01/15/31 81180WBD2 $107,547.18 0.090 %
LUMEN TECHNOLO 4.125% 04/15/30 550241AC7 $108,655.48 0.090 %
SINCLAIR TELEV 5.125% 02/15/27 829259AW0 $116,723.75 0.090 %
ENTEGRIS INC 4.375% 04/15/28 29362UAC8 $112,477.86 0.090 %
LEVEL 3 FINANC 3.625% 01/15/29 527298BS1 $111,403.54 0.090 %
LUMEN TECHNOLOG 7.65% 03/15/42 156700AT3 $103,743.44 0.080 %
SCRIPPS ESCROW 5.375% 01/15/31 81105DAB1 $93,911.57 0.080 %
RACKSPACE FINANC 3.5% 05/15/28 75008WAA1 $86,344.10 0.070 %
GOTO GROUP INC 5.5% 05/01/28 38349YAB1 $92,684.16 0.070 %
TELESAT CANADA 4.875% 06/01/27 87952VAP1 $90,894.82 0.070 %
LIBERTY INTERACT 8.5% 07/15/29 530715AD3 $64,595.25 0.050 %
XEROX CORPORATIO 4.8% 03/01/35 984121CL5 $68,207.20 0.050 %
VERICAST CORP/HAR 13% 12/15/30 92342NAL7 $64,361.96 0.050 %
CUMULUS MEDIA NEW 8% 07/01/29 23110AAB2 $54,278.03 0.040 %
BEASLEY BROADCAST GRP INC -A 074014200 $186.48 0.000 %
As of 02/11/2025 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)
Feb 3, 2025 Feb 3, 2025 Feb 6, 2025 0.20956
Dec 30, 2024 Dec 30, 2024 Jan 3, 2025 0.23168
Dec 2, 2024 Dec 2, 2024 Dec 5, 2024 0.22546
Nov 1, 2024 Nov 1, 2024 Nov 6, 2024 0.23375
Oct 1, 2024 Oct 1, 2024 Oct 4, 2024 0.19830
Sep 3, 2024 Sep 3, 2024 Sep 6, 2024 0.17291
Aug 1, 2024 Aug 1, 2024 Aug 6, 2024 0.24369
Jul 1, 2024 Jul 1, 2024 Jul 5, 2024 0.24020
Jun 3, 2024 Jun 3, 2024 Jun 6, 2024 0.24909
May 1, 2024 May 2, 2024 May 7, 2024 0.24403
Apr 1, 2024 Apr 2, 2024 Apr 5, 2024 0.24302
Mar 1, 2024 Mar 4, 2024 Mar 7, 2024 0.23878
Feb 1, 2024 Feb 2, 2024 Feb 7, 2024 0.25195
Dec 28, 2023 Dec 29, 2023 Jan 4, 2024 0.26067
Dec 1, 2023 Dec 4, 2023 Dec 7, 2023 0.25050
Nov 1, 2023 Nov 2, 2023 Nov 7, 2023 0.25985
Oct 2, 2023 Oct 3, 2023 Oct 6, 2023 0.22464
Sep 1, 2023 Sep 5, 2023 Sep 8, 2023 0.24181
Aug 1, 2023 Aug 2, 2023 Aug 7, 2023 0.25468
Jul 3, 2023 Jul 5, 2023 Jul 10, 2023 0.21703
Jun 1, 2023 Jun 2, 2023 Jun 7, 2023 0.27062
May 1, 2023 May 2, 2023 May 5, 2023 0.21252
Apr 3, 2023 Apr 4, 2023 Apr 7, 2023 0.08973
Mar 1, 2023 Mar 2, 2023 Mar 7, 2023 0.16690
Feb 1, 2023 Feb 2, 2023 Feb 7, 2023 0.18088
Dec 29, 2022 Dec 30, 2022 Jan 5, 2023 0.20711
Dec 1, 2022 Dec 2, 2022 Dec 7, 2022 0.19052
Nov 1, 2022 Nov 2, 2022 Nov 7, 2022 0.19442
Oct 3, 2022 Oct 4, 2022 Oct 7, 2022 0.18314
Sep 1, 2022 Sep 2, 2022 Sep 8, 2022 0.17532
Aug 1, 2022 Aug 2, 2022 Aug 5, 2022 0.20180
Jul 1, 2022 Jul 5, 2022 Jul 8, 2022 0.16880
Jun 1, 2022 Jun 2, 2022 Jun 6, 2022 0.18610
May 2, 2022 May 3, 2022 May 6, 2022 0.17490
Apr 1, 2022 Apr 4, 2022 Apr 7, 2022 0.26142

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/