BondBloxx CCC-Rated USD High Yield Corporate Bond ETFBondBloxx CCC-Rated USD High Yield Corporate Bond ETFBondBloxx CCC-Rated USD High Yield Corporate Bond ETF

BondBloxx CCC-Rated USD High Yield Corporate Bond ETF

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Key stats


Assets under management (AUM)
‪112.76 M‬USD
Fund flows (1Y)
‪85.03 M‬USD
Dividend yield (indicated)
10.67%
Discount/Premium to NAV
0.3%

About BondBloxx CCC-Rated USD High Yield Corporate Bond ETF


Issuer
Bondbloxx Investment Management Corp.
Brand
BondBloxx
Expense ratio
0.40%
Inception date
May 26, 2022
Index tracked
ICE CCC US Cash Pay High Yield Constrained Index
Management style
Passive
XCCC is part of an ETF suite that targets specific niches of the high-yield corporate bond market. This fund invests in USD-denominated corporate bonds that are rated CCC1 through CCC3, based on an average of Moodys, S&P, and Fitch. Eligible debt securities must be issued by companies having risk exposures as FX-G10 member countries, with at least $250 million outstanding face value. Bonds should have a maturity of at least 18 months at the time of issuance and at least one year remaining to maturity. Holdings are weighted according to market value, with each issuer capped at 2%. The fund has no limit to the number of issuers to be selected. If fewer than 50 qualify for inclusion, holdings will be weighted equally. The fund may invest up to 20% of its net assets in derivatives such as swaps, options, and futures contracts. Note: Although cash flows from bond payments are retained until each monthly rebalancing, it does not earn any reinvestment income while being held in the index.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Credit rating
What's in the fund
Exposure type
StocksBonds, Cash & Other
Corporate
Stocks0.00%
Consumer Services0.00%
Bonds, Cash & Other100.00%
Corporate97.02%
Cash2.98%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Neutral
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Neutral
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Summary
Neutral
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.