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See exactly how XBB's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for XBB and 80,000+ other tickers.
This exchange-traded fund (ETF) commits at least 80% of its net assets to high-yield, sub-investment grade corporate bonds denominated in U.S. dollars. These investments can be made either directly or indirectly, for example, through the use of derivative instruments. The fund maintains a non-diversified portfolio.
Joanna Gallegos, BondBloxx ETFs co-founder and COO, joins CNBC's Dominic Chu on 'ETF Edge' to discuss how investors should position in bonds following the nominee of Kevin Warsh to Fed chair.
Geopolitical and economic uncertainty — and gold touching $4,000 an ounce — is pushing income-seeking investors back toward the best bond ETFs.
XBB is a well-structured, low-cost ETF offering diversified exposure to BB-rated high-yield bonds, ideal as a fixed income building block. Current market spreads are at historical lows, making XBB primarily a low-yield dividend play with limited upside and significant downside risk. Despite liking XBB's construction, we rate it a 'Sell' due to unfavorable risk/reward, especially when safer assets offer comparable yields.
While ETF popularity continues to grow, education remains key. Some advisors and investors use ETFs along with mutual funds or individual securities.
High yield bonds rated CCC are continuing to bring in strong results. Recent insight from BondBloxx noted that high yield bonds brought in a positive performance in March, led by junk bonds rated BB and CCC.