BondBloxx IR+M Tax-Aware Intermediate Duration ETF

Frequently Asked Questions About TXXI

What does TXXI invest in?

This actively managed exchange-traded fund (ETF) allocates its investments across a diverse portfolio of U.S. dollar-denominated debt instruments, including both municipal and taxable fixed income securities. Its core objectives are to generate attractive after-tax income for investors while simultaneously safeguarding their principal. The fund achieves this by strategically selecting securities that collectively maintain a weighted average portfolio duration within the 4 to 8-year range.

What is the expense ratio of TXXI?

BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

What is TXXI's dividend yield?

TXXI's trailing-twelve-month yield is 3.47%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TXXI?

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

What is the credit quality of TXXI?

TXXI'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 TXXI?

Yield to maturity (YTM) is the total return you'd earn from TXXI if every bond in the portfolio is held to maturity at the current price. TXXI'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.