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XHYT

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

Net asset value

$34.24

EXPENSE RATIO

0.35%

Yield to Maturity

9.59%

30-Day Sec Yield

9.08%
ALL DATA AS OF 02/28/2024, UNLESS OTHERWISE STATED. 30-DAY SEC YIELD AS OF 01/31/2024. 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 02/28/2024

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 $32,528,159
Shares Outstanding 950,000
Median Spread 0.59%
Premium Discount Ratio 0.07%
Closing Price as of 02/28/2024 $34.28

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 306
Number of Issuers 136
Average Coupon 5.98%
Average Maturity 4.92 Years
* 30-Day SEC Yield is as of 01/31/2024
Yield to Maturity 9.59%
Yield to Worst 9.51%
Option Adjusted Spread 502
Spread Duration 3.56
30-Day SEC Yield* 9.08%

Portfolio Breakdown

Corporate 99.3%
Cash and Equivalents 0.7%
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 $248.205B

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. 9.49 %
CSC Holdings LLC 5.35 %
Sirius Xm Radio Inc 3.20 %
Altice France S.A 2.57 %
DISH DBS Corporation 2.55 %
Univision Commmunications Inc. 1.92 %
Directv Financing LLC/Directv Financing Co-Obligor Inc. 1.72 %
Vodafone Group PLC 1.67 %
Telecom Italia Capital S.A. 1.63 %
Level 3 Financing Inc. 1.59 %
Name CUSIP Market Value % of Net Assets
CLOUD SOFTWARE G 6.5% 03/31/29 88632QAE3 $500,964.46 1.540 %
DISH NETWORK C 11.75% 11/15/27 25470MAG4 $496,650.39 1.530 %
CLOUD SOFTWARE GRP 9% 09/30/29 18912UAA0 $488,869.49 1.500 %
DIRECTV FIN LL 5.875% 08/15/27 25461LAA0 $459,201.90 1.410 %
CCO HLDGS LLC/ 5.125% 05/01/27 1248EPBT9 $416,087.11 1.280 %
INTELSAT JACKSON 6.5% 03/15/30 45824TBC8 $380,840.60 1.170 %
CCO HLDGS LLC/C 4.75% 03/01/30 1248EPCD3 $340,366.00 1.050 %
CCO HLDGS LLC/C 4.25% 02/01/31 1248EPCK7 $320,537.66 0.990 %
CCO HLDGS LLC/CA 4.5% 05/01/32 1248EPCN1 $305,404.23 0.940 %
CCO HLDGS LLC/CAP 5% 02/01/28 1248EPBX0 $303,083.51 0.930 %
WESTERN DIGITAL 4.75% 02/15/26 958102AM7 $296,326.02 0.910 %
DISH DBS CORP 5.25% 12/01/26 25470XBE4 $290,595.00 0.890 %
CSC HOLDINGS L 11.75% 01/31/29 126307BN6 $291,121.88 0.890 %
CCO HLDGS LLC/CA 4.5% 08/15/30 1248EPCE1 $284,331.96 0.870 %
CONNECT FINCO S 6.75% 10/01/26 20752TAA2 $277,421.87 0.850 %
VODAFONE GROUP PL V/R 04/04/79 92857WBQ2 $263,647.11 0.810 %
SS&C TECHNOLOGIE 5.5% 09/30/27 78466CAC0 $264,686.93 0.810 %
SIRIUS XM RADIO IN 4% 07/15/28 82967NBJ6 $249,341.26 0.770 %
ALTICE FRANCE 5.125% 07/15/29 02156LAF8 $242,443.55 0.750 %
CASH CASH $238,621.41 0.730 %
MCAFEE CORP 7.375% 02/15/30 579063AB4 $238,797.40 0.730 %
ALTICE FINANCIN 5.75% 08/15/29 02154CAH6 $234,759.74 0.720 %
DISH DBS CORP 5.75% 12/01/28 25470XBF1 $233,782.08 0.720 %
NEXSTAR MEDIA 5.625% 07/15/27 65343HAA9 $222,813.55 0.680 %
ALTICE FRANCE 8.125% 02/01/27 02156LAA9 $219,310.62 0.670 %
VERITAS US INC/B 7.5% 09/01/25 92346LAE3 $213,478.58 0.660 %
ALTICE FRANCE SA 5.5% 10/15/29 02156LAH4 $212,676.24 0.650 %
ENTEGRIS INC 4.75% 04/15/29 29365BAA1 $206,574.21 0.640 %
CLARIOS GLOBAL L 8.5% 05/15/27 69867DAC2 $205,819.31 0.630 %
FRONTIER COMMUNICA 5% 05/01/28 35906ABF4 $202,565.97 0.620 %
CCO HLDGS LLC/C 4.25% 01/15/34 1248EPCP6 $201,964.10 0.620 %
UNIVISION COMMUNIC 8% 08/15/28 914906AY8 $201,075.54 0.620 %
NCR ATLEOS LLC 9.5% 04/01/29 638962AA8 $197,867.90 0.610 %
CCO HLDGS LLC/ 6.375% 09/01/29 1248EPCS0 $197,291.24 0.610 %
COMMSCOPE INC 6% 03/01/26 20338QAD5 $192,967.95 0.590 %
SIRIUS XM RADIO IN 5% 08/01/27 82967NBA5 $191,482.77 0.590 %
CSC HOLDINGS LLC 6.5% 02/01/29 126307AZ0 $188,889.44 0.580 %
CCO HLDGS LLC/ 5.375% 06/01/29 1248EPCB7 $189,105.30 0.580 %
UNIVISION COMM 6.625% 06/01/27 914906AU6 $182,405.88 0.560 %
VERICAST CORP 11% 09/15/26 92348BAA1 $178,658.64 0.550 %
VIRGIN MEDIA SEC 5.5% 05/15/29 92769XAP0 $176,633.50 0.540 %
CSC HOLDINGS LLC 5.5% 04/15/27 126307AQ0 $174,889.72 0.540 %
CSC HOLDINGS LL 5.75% 01/15/30 126307BA4 $176,273.30 0.540 %
CCO HLDGS LLC/CA 4.5% 06/01/33 1248EPCL5 $173,823.92 0.530 %
WINDSTREAM ESCR 7.75% 08/15/28 97382WAA1 $173,216.96 0.530 %
SIRIUS XM RADI 3.875% 09/01/31 82967NBM9 $173,917.92 0.530 %
VZ SECURED FINANCI 5% 01/15/32 91845AAA3 $166,198.64 0.510 %
SIRIUS XM RADI 4.125% 07/01/30 82967NBG2 $161,157.36 0.500 %
ZAYO GROUP HOLDING 4% 03/01/27 98919VAA3 $161,714.48 0.500 %
TELECOM ITALIA 6.375% 11/15/33 87927VAF5 $161,963.76 0.500 %
DISH DBS CORP 7.75% 07/01/26 25470XAY1 $159,407.92 0.490 %
FRONTIER COMMUN 6.75% 05/01/29 35906ABG2 $160,614.20 0.490 %
FRONTIER COMMUN 8.75% 05/15/30 35908MAD2 $158,524.41 0.490 %
VMED O2 UK FINA 4.25% 01/31/31 92858RAA8 $155,285.32 0.480 %
ILIAD HOLDING SA 6.5% 10/15/26 449691AA2 $151,870.06 0.470 %
SUNRISE FINCO 4.875% 07/15/31 90320BAA7 $152,512.90 0.470 %
VMED O2 UK FINA 4.75% 07/15/31 92858RAB6 $153,042.47 0.470 %
NCR VOYIX CORP 5.125% 04/15/29 62886EBA5 $153,092.06 0.470 %
FRONTIER COMMU 5.875% 10/15/27 35906ABE7 $148,171.53 0.460 %
CLEAR CHANNEL 5.125% 08/15/27 18453HAA4 $150,710.49 0.460 %
SIRIUS XM RADIO 5.5% 07/01/29 82967NBC1 $150,339.45 0.460 %
CSC HOLDINGS L 11.25% 05/15/28 126307BM8 $148,912.40 0.460 %
LCPR SR SECURED 6.75% 10/15/27 50201DAA1 $145,339.11 0.450 %
CSC HOLDINGS L 4.625% 12/01/30 126307BD8 $145,607.35 0.450 %
CSC HOLDINGS LLC 4.5% 11/15/31 126307BH9 $143,833.80 0.440 %
GEN DIGITAL INC 5% 04/15/25 871503AU2 $138,308.50 0.430 %
C&W SENIOR FIN 6.875% 09/15/27 12674TAA4 $139,604.11 0.430 %
LEVEL 3 FINANCI 10.5% 05/15/30 527298BU6 $135,138.58 0.420 %
ALTICE FINANCING S 5% 01/15/28 02154CAF0 $138,108.29 0.420 %
GEN DIGITAL INC 6.75% 09/30/27 668771AK4 $134,463.75 0.410 %
TEGNA INC 5% 09/15/29 87901JAH8 $131,755.38 0.410 %
CCO HLDGS LLC/ 7.375% 03/01/31 1248EPCT8 $130,882.78 0.400 %
COMMSCOPE TECH LLC 6% 06/15/25 20337YAA5 $129,227.12 0.400 %
CCO HLDGS LLC/C 4.75% 02/01/32 1248EPCQ4 $130,379.91 0.400 %
ALTICE FRANCE H 10.5% 05/15/27 02156TAB0 $130,893.02 0.400 %
UNIVISION COMMUN 4.5% 05/01/29 914906AV4 $126,457.72 0.390 %
TELECOM ITALIA C 7.2% 07/18/36 87927VAR9 $125,331.16 0.390 %
CLEAR CHANNEL OUTD 9% 09/15/28 18453HAE6 $125,600.70 0.390 %
TELECOM ITALIA 7.721% 06/04/38 87927VAV0 $124,837.22 0.380 %
ILIAD HOLDING SAS 7% 10/15/28 449691AC8 $122,033.90 0.380 %
COHERENT CORP 5% 12/15/29 902104AC2 $125,010.31 0.380 %
ZIGGO BV 4.875% 01/15/30 98955DAA8 $124,772.54 0.380 %
MIDAS OPCO HOL 5.625% 08/15/29 59565JAA9 $122,292.71 0.380 %
CLEAR CHANNEL O 7.75% 04/15/28 18453HAC0 $122,100.37 0.380 %
ENTEGRIS INC 5.95% 06/15/30 29365BAB9 $121,112.85 0.370 %
FRONTIER COMMUNICA 6% 01/15/30 35908MAB6 $120,578.51 0.370 %
TELECOM ITALIA CAP 6% 09/30/34 87927VAM0 $116,281.01 0.360 %
TEGNA INC 4.625% 03/15/28 87901JAJ4 $115,692.43 0.360 %
ALTICE FRANCE SA 5.5% 01/15/28 02156LAC5 $117,105.23 0.360 %
SENSATA TECHNOLOGI 4% 04/15/29 81725WAK9 $115,626.34 0.360 %
SEAGATE HDD CA 9.625% 12/01/32 81180WBM2 $113,290.82 0.350 %
CLEAR CHANNEL OU 7.5% 06/01/29 18453HAD8 $115,013.03 0.350 %
CLARIOS GLOBAL 6.75% 05/15/28 18060TAC9 $113,476.00 0.350 %
VIRGIN MEDIA FINAN 5% 07/15/30 92769VAJ8 $115,260.72 0.350 %
SIRIUS XM RADI 3.125% 09/01/26 82967NBL1 $114,689.51 0.350 %
CSC HOLDINGS L 4.125% 12/01/30 126307BB2 $112,486.36 0.350 %
NEWS CORP 3.875% 05/15/29 65249BAA7 $114,341.18 0.350 %
ROBLOX CORP 3.875% 05/01/30 771049AA1 $112,807.23 0.350 %
NEXSTAR MEDIA I 4.75% 11/01/28 65336YAN3 $112,849.02 0.350 %
PARAMOUNT GLOBAL V/R 03/30/62 92556HAE7 $113,346.92 0.350 %
UNIVISION COMM 7.375% 06/30/30 914906AX0 $112,662.66 0.350 %
COMMSCOPE INC 4.75% 09/01/29 203372AX5 $115,343.25 0.350 %
FAIR ISAAC CORP 4% 06/15/28 303250AF1 $111,248.71 0.340 %
CLARIOS GLOBAL 6.25% 05/15/26 69867DAA6 $107,770.06 0.330 %
CNTRL PARENT/CD 7.25% 06/15/29 15477CAA3 $107,491.00 0.330 %
ZAYO GROUP HOL 6.125% 03/01/28 98919VAB1 $108,150.60 0.330 %
WMG ACQUISITION CO 3% 02/15/31 92933BAR5 $108,814.68 0.330 %
OPEN TEXT CORP 3.875% 02/15/28 683715AC0 $106,069.49 0.330 %
MCGRAW-HILL EDU 5.75% 08/01/28 57767XAA8 $107,838.71 0.330 %
VERTIV GROUP C 4.125% 11/15/28 92535UAB0 $102,763.72 0.320 %
ARCHES BUYER IN 4.25% 06/01/28 039524AA1 $104,002.93 0.320 %
VODAFONE GROUP PL V/R 06/04/81 92857WBX7 $105,577.92 0.320 %
GRAY TELEVISION 4.75% 10/15/30 389375AL0 $105,340.29 0.320 %
CSC HOLDINGS L 5.375% 02/01/28 126307AS6 $105,188.47 0.320 %
CNT PRNT/CDK GLO I 8% 06/15/29 154915AA0 $99,267.82 0.310 %
VIRGIN MEDIA SEC 4.5% 08/15/30 92769XAR6 $100,677.51 0.310 %
OPEN TEXT HOLD 4.125% 02/15/30 683720AA4 $101,392.67 0.310 %
MILLICOM INTL CE 4.5% 04/27/31 600814AR8 $101,295.45 0.310 %
DIRECTV FINANC 8.875% 02/01/30 25461LAB8 $101,464.55 0.310 %
VODAFONE GROUP PL V/R 06/04/81 92857WBW9 $101,208.33 0.310 %
OPEN TEXT CORP 3.875% 12/01/29 683715AD8 $100,203.37 0.310 %
CSC HOLDINGS L 3.375% 02/15/31 126307BF3 $99,776.95 0.310 %
AMC NETWORKS IN 4.75% 08/01/25 00164VAE3 $97,757.48 0.300 %
GO DADDY OPCO/FI 3.5% 03/01/29 38016LAC9 $97,452.43 0.300 %
XEROX HOLDINGS COR 5% 08/15/25 98421MAA4 $98,282.40 0.300 %
EMBARQ CORP 7.995% 06/01/36 29078EAA3 $93,672.53 0.290 %
RADIATE HOLDCO / 4.5% 09/15/26 75026JAC4 $94,410.87 0.290 %
CCO HLDGS LLC/CA 5.5% 05/01/26 1248EPBR3 $93,147.17 0.290 %
ROGERS COMMUNICAT V/R 03/15/82 775109BS9 $93,004.29 0.290 %
LUMEN TECHNOLOGIES 4% 02/15/27 156700BC9 $94,545.71 0.290 %
LCPR SR SECURE 5.125% 07/15/29 50201DAD5 $93,799.63 0.290 %
FRONTIER COMMU 8.625% 03/15/31 35908MAE0 $94,377.74 0.290 %
GRAY TELEVISION IN 7% 05/15/27 389284AA8 $91,362.72 0.280 %
MILLICOM INTL C 6.25% 03/25/29 600814AQ0 $91,661.87 0.280 %
CSC HOLDINGS LLC 7.5% 04/01/28 126307AY3 $92,263.96 0.280 %
CONSOLIDATED COM 6.5% 10/01/28 20903XAF0 $90,478.41 0.280 %
VIASAT INC 5.625% 09/15/25 92552VAK6 $89,754.75 0.280 %
SENSATA TECHNOLOGI 5% 10/01/25 81725WAJ2 $91,074.01 0.280 %
ADVANTAGE SALES 6.5% 11/15/28 00775PAA5 $90,243.14 0.280 %
GRAY TELEVISIO 5.875% 07/15/26 389375AJ5 $90,051.64 0.280 %
AMC NETWORKS IN 4.25% 02/15/29 00164VAF0 $86,338.93 0.270 %
LABL INC 6.75% 07/15/26 50168AAB6 $88,130.46 0.270 %
XEROX HOLDINGS C 5.5% 08/15/28 98421MAB2 $86,058.73 0.260 %
VIDEOTRON LTD 5.125% 04/15/27 92660FAK0 $84,782.35 0.260 %
CROWDSTRIKE HOLDIN 3% 02/15/29 22788CAA3 $84,060.09 0.260 %
DISH DBS CORP 5.125% 06/01/29 25470XBD6 $85,773.56 0.260 %
HTA GROUP LTD 7% 12/18/25 40435WAB6 $82,411.12 0.250 %
SENSATA TECHNOL 3.75% 02/15/31 81728UAB0 $81,547.26 0.250 %
FRONTIER COMMU 5.875% 11/01/29 35908MAA8 $82,653.99 0.250 %
HUGHES SATELLIT 5.25% 08/01/26 444454AD4 $82,209.52 0.250 %
SEAGATE HDD CAYM 8.5% 07/15/31 81180WBJ9 $81,891.90 0.250 %
ON SEMICONDUCT 3.875% 09/01/28 682189AQ8 $82,237.50 0.250 %
SEAGATE HDD CAY 8.25% 12/15/29 81180WBH3 $81,592.15 0.250 %
CMG MEDIA CORP 8.875% 12/15/27 88146LAA1 $78,908.82 0.240 %
IHEARTCOMMUNIC 8.375% 05/01/27 45174HBD8 $77,966.11 0.240 %
OPEN TEXT HOLD 4.125% 12/01/31 683720AC0 $78,343.58 0.240 %
GEN DIGITAL IN 7.125% 09/30/30 668771AL2 $78,910.39 0.240 %
IHEARTCOMMUNIC 6.375% 05/01/26 45174HBC0 $78,655.37 0.240 %
SABLE INTL FINA 5.75% 09/07/27 785712AG5 $77,457.71 0.240 %
NEWFOLD DIGITA 11.75% 10/15/28 650929AA0 $79,064.79 0.240 %
PRESIDIO HOLDIN 8.25% 02/01/28 74101XAF7 $76,868.30 0.240 %
LABL INC 10.5% 07/15/27 50168AAA8 $78,490.47 0.240 %
ALTICE FRANCE HOLD 6% 02/15/28 02156TAA2 $76,462.61 0.240 %
BOXER PARENT C 7.125% 10/02/25 103186AB8 $79,317.45 0.240 %
LEVEL 3 FINANC 4.625% 09/15/27 527298BN2 $79,466.54 0.240 %
LAMAR MEDIA COR 3.75% 02/15/28 513075BR1 $76,669.04 0.240 %
LEVEL 3 FINANCIN 3.4% 03/01/27 527298BP7 $76,475.00 0.240 %
GO DADDY OPCO/F 5.25% 12/01/27 38016LAA3 $73,792.38 0.230 %
PARAMOUNT GLOBAL V/R 02/28/57 92553PBC5 $74,288.65 0.230 %
VIASAT INC 7.5% 05/30/31 92552VAR1 $73,520.83 0.230 %
NCR VOYIX CORP 5% 10/01/28 62886EAY4 $76,063.30 0.230 %
MCGRAW-HILL EDUCAT 8% 08/01/29 57767XAB6 $73,701.58 0.230 %
TEGNA INC 4.75% 03/15/26 87901JAF2 $76,086.55 0.230 %
VODAFONE GROUP PL V/R 06/04/81 92857WBV1 $73,397.94 0.230 %
SINCLAIR TELEV 4.125% 12/01/30 829259BA7 $74,589.88 0.230 %
GRAY TELEVISIO 5.375% 11/15/31 389286AA3 $76,369.74 0.230 %
ZIGGO BOND CO BV 6% 01/15/27 98954UAB9 $73,756.11 0.230 %
MATCH GROUP HLD II 5% 12/15/27 57665RAG1 $72,468.74 0.220 %
VIASAT INC 5.625% 04/15/27 92552VAL4 $72,116.26 0.220 %
ZI TECH LLC/ZI 3.875% 02/01/29 98981BAA0 $71,915.90 0.220 %
IHEARTCOMMUNICA 5.25% 08/15/27 45174HBE6 $70,894.40 0.220 %
LEVEL 3 FINANCI 4.25% 07/01/28 527298BR3 $72,301.54 0.220 %
LIONS GATE CAPIT 5.5% 04/15/29 53627NAE1 $70,818.11 0.220 %
CLARIOS GLOBAL 6.75% 05/15/25 18060TAA3 $71,303.15 0.220 %
LAMAR MEDIA CORP 4% 02/15/30 513075BT7 $72,122.98 0.220 %
GCI LLC 4.75% 10/15/28 36166TAB6 $68,557.92 0.210 %
SENSATA TECHNO 5.875% 09/01/30 81725WAL7 $68,351.82 0.210 %
CIMPRESS PLC 7% 06/15/26 17186HAG7 $67,428.06 0.210 %
US CELLULAR CORP 6.7% 12/15/33 911684AD0 $69,808.69 0.210 %
URBAN ONE INC 7.375% 02/01/28 91705JAC9 $69,388.49 0.210 %
AMKOR TECHNOLO 6.625% 09/15/27 031652BK5 $67,288.22 0.210 %
HUGHES SATELLI 6.625% 08/01/26 444454AF9 $68,998.43 0.210 %
MILLENNIUM ESC 6.625% 08/01/26 60041CAA6 $63,746.85 0.200 %
NEWS CORP 5.125% 02/15/32 65249BAB5 $65,338.21 0.200 %
ZIGGO BOND CO 5.125% 02/28/30 98953GAD7 $64,575.25 0.200 %
ROCKET SOFTWARE 6.5% 02/15/29 77314EAA6 $63,769.83 0.200 %
DISH DBS CORP 7.375% 07/01/28 25470XBB0 $63,108.80 0.190 %
ALTERYX INC 8.75% 03/15/28 02156BAG8 $63,334.44 0.190 %
TOWNSQUARE MED 6.875% 02/01/26 892231AB7 $63,261.40 0.190 %
RADIATE HOLDCO / 6.5% 09/15/28 75026JAE0 $61,279.83 0.190 %
COGENT COMMUNICATI 7% 06/15/27 19240CAE3 $60,460.13 0.190 %
PRESIDIO HOLDI 4.875% 02/01/27 74101XAE0 $62,748.03 0.190 %
VIRGIN MEDIA VEND 5% 07/15/28 92770QAA5 $60,575.64 0.190 %
SCRIPPS ESCROW 3.875% 01/15/29 81105DAA3 $60,616.33 0.190 %
BRITISH TELECOMMU V/R 11/23/81 11102AAF8 $60,972.26 0.190 %
TRIPADVISOR INC 7% 07/15/25 896945AA0 $60,602.43 0.190 %
WMG ACQUISITION 3.75% 12/01/29 92933BAT1 $61,748.81 0.190 %
ARCHES BUYER I 6.125% 12/01/28 039524AB9 $60,380.51 0.190 %
PTC INC 3.625% 02/15/25 69370CAB6 $60,767.20 0.190 %
ELASTIC NV 4.125% 07/15/29 28415LAA1 $63,144.50 0.190 %
NCR VOYIX CORP 5.25% 10/01/30 62886EAZ1 $60,299.07 0.190 %
CABLE ONE INC 4% 11/15/30 12685JAC9 $61,240.04 0.190 %
CSC HOLDINGS LLC 5% 11/15/31 126307BK2 $62,240.14 0.190 %
PTC INC 4% 02/15/28 69370CAC4 $60,761.71 0.190 %
NORTHWEST FIBER 4.75% 04/30/27 667449AD4 $63,100.09 0.190 %
DELUXE CORP 8% 06/01/29 248019AU5 $57,988.16 0.180 %
LABL INC 5.875% 11/01/28 50168QAC9 $59,615.92 0.180 %
SEAGATE HDD CAY 5.75% 12/01/34 81180WAN1 $57,902.22 0.180 %
LAMAR MEDIA CO 3.625% 01/15/31 513075BZ3 $58,791.03 0.180 %
MATCH GROUP HL 3.625% 10/01/31 57667JAA0 $57,648.67 0.180 %
COGENT COMMUNICA 3.5% 05/01/26 19240CAC7 $59,620.42 0.180 %
LEVEL 3 FINANC 3.875% 11/15/29 527298BQ5 $57,113.47 0.180 %
CELLNEX FINANC 3.875% 07/07/41 15118JAA3 $58,144.77 0.180 %
MICROSTRATEGY 6.125% 06/15/28 594972AF8 $58,463.52 0.180 %
SENSATA TECH I 4.375% 02/15/30 81728UAA2 $59,366.64 0.180 %
TWILIO INC 3.625% 03/15/29 90138FAC6 $57,231.14 0.180 %
TTM TECHNOLOGIES I 4% 03/01/29 87305RAK5 $58,061.07 0.180 %
UNISYS CORP 6.875% 11/01/27 909214BV9 $55,219.78 0.170 %
AMS-OSRAM AG 12.25% 03/30/29 03217CAB2 $55,839.40 0.170 %
BRITISH TELECOMMU V/R 11/23/81 11102AAG6 $55,503.06 0.170 %
ZIFF DAVIS INC 4.625% 10/15/30 48123VAF9 $54,958.51 0.170 %
MATCH GROUP HL 4.625% 06/01/28 57665RAN6 $54,854.67 0.170 %
SEAGATE HDD CA 4.875% 06/01/27 81180WAR2 $54,095.81 0.170 %
NEWFOLD DIGITAL HL 6% 02/15/29 29279XAA8 $55,025.23 0.170 %
CABLEVISION LI 3.875% 09/15/27 12687GAA7 $55,536.09 0.170 %
TWILIO INC 3.875% 03/15/31 90138FAD4 $55,972.68 0.170 %
BANIJAY ENTERT 8.125% 05/01/29 060335AB2 $53,471.56 0.160 %
ION TRADING TEC 5.75% 05/15/28 46205YAA9 $50,495.84 0.160 %
LABL INC 9.5% 11/01/28 50168QAE5 $51,680.95 0.160 %
LABL INC 8.25% 11/01/29 50168QAD7 $51,939.46 0.160 %
SUNRISE HOLDCO I 5.5% 01/15/28 90320LAG2 $53,358.08 0.160 %
ANGI GROUP LLC 3.875% 08/15/28 001846AA2 $51,465.42 0.160 %
MATCH GROUP HL 4.125% 08/01/30 57665RAL0 $53,229.50 0.160 %
RINGCENTRAL INC 8.5% 08/15/30 76680RAJ6 $51,968.03 0.160 %
CAPSTONE BORROWER 8% 06/15/30 140944AA7 $52,483.47 0.160 %
SEAGATE HDD CA 4.091% 06/01/29 81180WBC4 $52,704.49 0.160 %
ENTEGRIS INC 4.375% 04/15/28 29362UAC8 $47,642.24 0.150 %
FAIR ISAAC CORP 5.25% 05/15/26 303250AE4 $49,930.83 0.150 %
AHEAD DB HOLDI 6.625% 05/01/28 00867FAA6 $47,522.81 0.150 %
VIDEOTRON LTD 3.625% 06/15/29 92660FAN4 $50,135.88 0.150 %
COMMSCOPE INC 8.25% 03/01/27 20338QAA1 $49,620.18 0.150 %
CARS.COM INC 6.375% 11/01/28 14575EAA3 $49,275.54 0.150 %
LEVEL 3 FINANCI 3.75% 07/15/29 527298BT9 $48,113.33 0.150 %
BOXER PARENT C 9.125% 03/01/26 103186AC6 $49,962.74 0.150 %
LAMAR MEDIA CO 4.875% 01/15/29 513075BW0 $48,529.42 0.150 %
WEST TECHNOLOGY 8.5% 04/10/27 956187AA6 $49,723.82 0.150 %
IHEARTCOMMUNICA 4.75% 01/15/28 45174HBG1 $45,486.71 0.140 %
COMMSCOPE TECH LLC 5% 03/15/27 20338HAB9 $46,379.51 0.140 %
SYNAPTICS INC 4% 06/15/29 87157DAG4 $44,519.77 0.140 %
ENTEGRIS INC 3.625% 05/01/29 29362UAD6 $44,895.35 0.140 %
SCRIPPS ESCROW 5.875% 07/15/27 81104PAA7 $46,716.58 0.140 %
SINCLAIR TELEVIS 5.5% 03/01/30 829259AY6 $46,453.52 0.140 %
WMG ACQUISITIO 3.875% 07/15/30 92933BAQ7 $44,527.56 0.140 %
VIASAT INC 6.5% 07/15/28 92552VAN0 $45,099.87 0.140 %
ALTICE FRANCE 5.125% 01/15/29 02156LAE1 $46,895.07 0.140 %
VIAVI SOLUTIONS 3.75% 10/01/29 925550AF2 $44,051.58 0.140 %
LEVEL 3 FINANC 3.625% 01/15/29 527298BS1 $44,857.71 0.140 %
CIENA CORP 4% 01/31/30 171779AL5 $45,081.67 0.140 %
CONSOLIDATED COMMU 5% 10/01/28 20903XAH6 $46,154.01 0.140 %
MILLICOM INTL 5.125% 01/15/28 600814AN7 $43,186.14 0.130 %
CABLEVISION LI 5.625% 09/15/28 12687GAB5 $43,102.25 0.130 %
VM CONSOLIDATED 5.5% 04/15/29 91835HAA0 $43,560.55 0.130 %
HELIOS SOFT/IO 4.625% 05/01/28 42329HAA6 $40,904.38 0.130 %
MIDCONTINENT C 5.375% 08/15/27 59565XAC4 $43,034.86 0.130 %
LIBERTY INTERAC 8.25% 02/01/30 530715AJ0 $42,745.41 0.130 %
ATP TOW / AND T 4.05% 04/27/26 00216DAA9 $42,267.48 0.130 %
MATCH GROUP HL 5.625% 02/15/29 57665RAJ5 $43,315.88 0.130 %
VIRTUSA CORP 7.125% 12/15/28 92837TAA0 $37,580.79 0.120 %
ALLEN MEDIA LLC 10.5% 02/15/28 01771YAA8 $40,191.21 0.120 %
GETTY IMAGES IN 9.75% 03/01/27 374276AJ2 $40,017.00 0.120 %
XEROX CORPORATI 6.75% 12/15/39 984121CB7 $39,062.70 0.120 %
TELESAT CANADA 5.625% 12/06/26 87952VAR7 $39,170.30 0.120 %
CLEAR CHANNEL 6.625% 08/01/25 18452MAB2 $35,985.39 0.110 %
SEAGATE HDD CA 4.125% 01/15/31 81180WBD2 $37,180.13 0.110 %
RR DONNELLEY & 9.75% 07/31/28 257867BG5 $36,105.28 0.110 %
LUMEN TECHNOLO 5.125% 12/15/26 156700BB1 $36,959.62 0.110 %
NORTHWEST FIBER LL 6% 02/15/28 667449AC6 $34,158.21 0.110 %
COMMSCOPE INC 7.125% 07/01/28 203372AV9 $32,516.11 0.100 %
GOTO GROUP INC 5.5% 05/01/28 38349YAA3 $32,681.71 0.100 %
GOTO GROUP INC 5.5% 05/01/28 38349YAB1 $31,089.94 0.100 %
TELESAT CANADA 4.875% 06/01/27 87952VAP1 $32,629.12 0.100 %
BLOCK COMMUNIC 4.875% 03/01/28 093645AJ8 $31,151.79 0.100 %
RACKSPACE TECHNO 3.5% 02/15/28 750098AB1 $28,839.84 0.090 %
GANNETT HOLDINGS L 6% 11/01/26 36474GAA3 $29,668.76 0.090 %
SCRIPPS ESCROW 5.375% 01/15/31 81105DAB1 $28,053.13 0.090 %
SINCLAIR TELEV 5.125% 02/15/27 829259AW0 $27,835.74 0.090 %
US WEST COMM 7.25% 9/15/25 912920AK1 $30,077.89 0.090 %
CUMULUS MEDIA N 6.75% 07/01/26 23110AAA4 $25,386.20 0.080 %
BEASLEY MEZ HL 8.625% 02/01/26 07403VAA7 $22,483.98 0.070 %
LIBERTY INTERACT 8.5% 07/15/29 530715AD3 $22,916.74 0.070 %
XEROX CORPORATIO 4.8% 03/01/35 984121CL5 $24,263.77 0.070 %
LUMEN TECHNOLOGI 7.6% 09/15/39 156700AM8 $19,285.62 0.060 %
CASTLE US HOLDIN 9.5% 02/15/28 14852LAA1 $20,295.18 0.060 %
LUMEN TECHNOLOGI 4.5% 01/15/29 156700BD7 $18,067.00 0.060 %
SPANISH BROADCA 9.75% 03/01/26 846425AQ9 $20,168.03 0.060 %
NORTHWEST FIBE 10.75% 06/01/28 667449AA0 $15,821.27 0.050 %
LUMEN TECHNOLOG 7.65% 03/15/42 156700AT3 $13,002.50 0.040 %
As of 02/28/2024 and subject to change.

Performance

Growth Of $10,000 Since Inception

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

Distributions

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

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/