BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

Frequently Asked Questions About BBBS

What does BBBS invest in?

This ETF aims to replicate the performance of an index that tracks BBB-rated corporate bonds. These specific bonds pay a fixed interest rate, are subject to taxation, and are denominated in U.S. dollars. They originate from a diverse range of companies, including industrial, utility, and financial sectors, located both within and outside the United States. Under typical market conditions, the fund commits a substantial portion—at least 80% of its net assets—either directly or indirectly, to a portfolio consisting of these U.S. dollar-denominated, investment-grade corporate bonds. These bonds, specifically assigned a BBB rating, are issued by corporations in both the U.S. and other countries, and have remaining maturities that fall between one and five years. Notably, this fund is considered non-diversified.

What is the expense ratio of BBBS?

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.

What is BBBS's dividend yield?

BBBS's trailing-twelve-month yield is 4.95%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BBBS?

Effective duration measures BBBS's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BBBS's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BBBS?

BBBS's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BBBS?

Yield to maturity (YTM) is the total return you'd earn from BBBS if every bond in the portfolio is held to maturity at the current price. BBBS's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.