BondBloxx USD High Yield Bond Sector Rotation ETF
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.7%
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
-1.3%
Net Assets
$37.2 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HYSA - Profile
Distributions
- YTD Total Return 5.7%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return -1.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 6.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBondBloxx USD High Yield Bond Sector Rotation ETF
-
Fund Family NameN/A
-
Inception DateNov 06, 2012
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund is “actively managed” and does not seek to replicate the performance of a specified index. The Fund is newly organized and operates as a “fund of funds,” meaning that it primarily invests its assets in securities of other ETFs. In particular, the Fund allocates its assets among ETFs that each focus on U.S. dollar-denominated, high yield corporate bonds (commonly referred to as “junk bonds”) in the various sectors of the fixed income securities market (each, a “Sector” and collectively, the “Sectors”). As of December 31, 2023, , the Sectors include: the Industrials, Telecom, Media & Technology, Healthcare, Financial & REIT, Energy, Consumer Cyclicals, and Consumer Non-Cyclicals Sectors. Exposure to the Sectors is obtained by investing in ETFs that invest in the specific sectors included in the ICE BofA US Cash Pay High Yield Constrained Index (the “Underlying Benchmark”), which is a rules-based index consisting of U.S. dollar-denominated below investment grade corporate debt, currently in a coupon paying period, that is publicly issued in the U.S. domestic market (as determined by ICE Data Indices, LLC (“IDI” or “Index Provider”)). The sector classifications as determined by IDI are subject to change and are not controlled by the Fund or BondBloxx Investment Management Corporation (the “Adviser” or “BIM”), the Fund’s and the Underlying Funds’ (as defined below) investment adviser. The ETFs in which the Fund invests are: BondBloxx USD High Yield Bond Industrial Sector ETF (ticker: XHYI), BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (ticker: XHYT), BondBloxx USD High Yield Bond Healthcare Sector ETF (ticker: XHYH), BondBloxx USD High Yield Bond Financial & REIT Sector ETF (ticker: XHYF), BondBloxx USD High Yield Bond Energy Sector ETF |(ticker: XHYE), BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (ticker: XHYC) and BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (ticker: XHYD) (each, an “Underlying Fund”). The Fund will be close to fully invested at all times in the Underlying Funds. Each Underlying Fund is an affiliated fund advised by the Adviser.
The Adviser has retained Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, a Delaware statutory trust (the “Sub-Adviser”), to provide the Adviser with periodic asset allocation advisory services with respect to the Underlying Funds. “Sector rotation” refers to the allocation and reallocation of Fund assets from one or more Sectors into one or more other Sectors. The Sub-Adviser makes asset allocation recommendations among the Underlying Funds based on its fundamental investment approach that takes into consideration the analysis of macroeconomic, financial and market data to formulate decisions regarding the recommended sector allocation(s) within the portfolio, which may result in the allocation and reallocation of Fund assets from one or more Sectors into one or more other Sectors.
The Sub-Adviser’s recommended allocations may attempt to enhance returns relative to the Underlying Benchmark by overweighting and underweighting exposure to the Sectors and this may consequently increase or reduce the Fund’s overall exposure to certain Underlying Funds. It is possible the Fund may not have exposure to all Sectors or Underlying Funds at all times.
The Adviser typically rebalances the Fund’s portfolio of Underlying Funds on a monthly basis after receiving asset allocation recommendations from the Sub-Adviser, although rebalancing may occur more or less frequently depending on market conditions. As a result of frequent rebalances, the Fund may experience a high turnover rate.
Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings for investment purposes) directly or indirectly through the Underlying Funds, in high yield bonds issued by U.S. companies. High yield bonds are below investment grade securities (sometimes referred to as “junk bonds”) that are rated below “BBB-” by S&P Global Ratings and Fitch or below “Baa3” by Moody’s or similar securities that are unrated but considered to be of equivalent quality by BIM. The Fund may also invest up to 20% of its net assets in certain futures, options and swap contracts, U.S. Treasury obligations, U.S. Government obligations, U.S. agency securities, securities of other registered investment companies, cash and cash equivalents.
The Fund is non-diversified, which means that it may invest a greater percentage of its assets in a particular issuer and may invest in fewer issuers than a diversified fund.
HYSA - Performance
Return Ranking - Trailing
Period | HYSA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | -1.3%* | N/A | N/A | N/A |
10 Yr | 0.4%* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | HYSA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | HYSA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | -1.3%* | N/A | N/A | N/A |
10 Yr | 0.4%* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HYSA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
HYSA - Holdings
Concentration Analysis
HYSA | Category Low | Category High | HYSA % Rank | |
---|---|---|---|---|
Net Assets | 37.2 M | N/A | N/A | N/A |
Number of Holdings | 7 | N/A | N/A | N/A |
Net Assets in Top 10 | 39.2 M | N/A | N/A | N/A |
Weighting of Top 10 | 99.96% | N/A | N/A | N/A |
Top 10 Holdings
- BONDBLOXX USD HIGH YIELD BOND INDUSTRIAL SECTOR ETF CL USD INC 0.00000000 24.97%
- BONDBLOXX USD HIGH YIELD BOND TELECOM MEDIA TECHNOLOGY SECTOR ETF CL USD INC 0.00000000 21.88%
- BONDBLOXX USD HIGH YIELD BOND CONSUMER CYCLICALS SECTOR ETF 0.00000000 13.04%
- BONDBLOXX USD HIGH YIELD BOND FINANCIAL REIT SECTOR ETF CL USD INC 0.00000000 12.01%
- BONDBLOXX USD HIGH YIELD BOND HEALTHCARE SECTOR ETF CL USD INC 0.00000000 10.04%
- BONDBLOXX USD HIGH YIELD BOND ENERGY SECTOR ETF CL USD INC 0.00000000 10.04%
- BONDBLOXX USD HIGH YIELD BOND CONSUMER NON-CYCLICALS SECTOR ETF CL USD INC 0.00000000 7.97%
Asset Allocation
Weighting | Return Low | Return High | HYSA % Rank | |
---|---|---|---|---|
Stocks | 99.96% | N/A | N/A | N/A |
Cash | 0.04% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | HYSA % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HYSA % Rank | |
---|---|---|---|---|
US | 99.96% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
HYSA - Expenses
Operational Fees
HYSA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.00% | N/A | N/A | N/A |
Management Fee | 0.45% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
HYSA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
HYSA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HYSA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
HYSA - Distributions
Dividend Yield Analysis
HYSA | Category Low | Category High | HYSA % Rank | |
---|---|---|---|---|
Dividend Yield | 6.80% | N/A | N/A | N/A |
Dividend Distribution Analysis
HYSA | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
Net Income Ratio Analysis
HYSA | Category Low | Category High | HYSA % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
HYSA | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 03, 2024 | $0.086 | OrdinaryDividend |
Aug 01, 2024 | $0.091 | OrdinaryDividend |
Jul 01, 2024 | $0.083 | OrdinaryDividend |
Jun 03, 2024 | $0.090 | OrdinaryDividend |
May 01, 2024 | $0.086 | OrdinaryDividend |
Apr 01, 2024 | $0.086 | OrdinaryDividend |
Mar 01, 2024 | $0.089 | OrdinaryDividend |
Feb 01, 2024 | $0.093 | OrdinaryDividend |
Dec 28, 2023 | $0.074 | OrdinaryDividend |
Dec 01, 2023 | $0.131 | OrdinaryDividend |
Nov 01, 2023 | $0.100 | OrdinaryDividend |
Oct 02, 2023 | $0.093 | OrdinaryDividend |
Aug 29, 2023 | $0.064 | OrdinaryDividend |
Jul 14, 2023 | $0.097 | OrdinaryDividend |
Jun 15, 2023 | $0.076 | OrdinaryDividend |
May 15, 2023 | $0.096 | OrdinaryDividend |
Apr 14, 2023 | $0.094 | OrdinaryDividend |
Mar 15, 2023 | $0.102 | OrdinaryDividend |
Feb 15, 2023 | $0.128 | OrdinaryDividend |
Jan 13, 2023 | $0.147 | OrdinaryDividend |
Dec 15, 2022 | $0.118 | OrdinaryDividend |
Nov 15, 2022 | $0.118 | OrdinaryDividend |
Oct 14, 2022 | $0.054 | OrdinaryDividend |
Sep 15, 2022 | $0.064 | OrdinaryDividend |
Aug 15, 2022 | $0.062 | OrdinaryDividend |
Jul 15, 2022 | $0.062 | OrdinaryDividend |
Jun 15, 2022 | $0.001 | ReturnOfCapital |
Jun 15, 2022 | $0.045 | OrdinaryDividend |
May 13, 2022 | $0.001 | ReturnOfCapital |
May 13, 2022 | $0.051 | OrdinaryDividend |
Apr 14, 2022 | $0.001 | ReturnOfCapital |
Apr 14, 2022 | $0.030 | OrdinaryDividend |
Mar 15, 2022 | $0.001 | ReturnOfCapital |
Mar 15, 2022 | $0.029 | OrdinaryDividend |
Feb 15, 2022 | $0.001 | ReturnOfCapital |
Feb 15, 2022 | $0.032 | OrdinaryDividend |
Jan 14, 2022 | $0.001 | ReturnOfCapital |
Jan 14, 2022 | $0.043 | OrdinaryDividend |
Dec 15, 2021 | $0.061 | OrdinaryDividend |
Nov 15, 2021 | $0.043 | OrdinaryDividend |
Oct 15, 2021 | $0.047 | OrdinaryDividend |
Sep 15, 2021 | $0.049 | OrdinaryDividend |
Aug 13, 2021 | $0.055 | OrdinaryDividend |
Jul 15, 2021 | $0.027 | OrdinaryDividend |
Jun 15, 2021 | $0.027 | OrdinaryDividend |
May 14, 2021 | $0.027 | OrdinaryDividend |
Apr 15, 2021 | $0.027 | OrdinaryDividend |
Mar 15, 2021 | $0.027 | OrdinaryDividend |
Feb 12, 2021 | $0.027 | OrdinaryDividend |
Jan 15, 2021 | $0.034 | OrdinaryDividend |
Dec 15, 2020 | $0.023 | OrdinaryDividend |
Nov 13, 2020 | $0.030 | OrdinaryDividend |
Oct 15, 2020 | $0.038 | OrdinaryDividend |
Sep 15, 2020 | $0.038 | OrdinaryDividend |
Aug 14, 2020 | $0.025 | OrdinaryDividend |
Jul 15, 2020 | $0.040 | OrdinaryDividend |
Jun 15, 2020 | $0.004 | ReturnOfCapital |
Jun 15, 2020 | $0.034 | OrdinaryDividend |
May 15, 2020 | $0.004 | ReturnOfCapital |
May 15, 2020 | $0.041 | OrdinaryDividend |
Apr 15, 2020 | $0.004 | ReturnOfCapital |
Apr 15, 2020 | $0.036 | OrdinaryDividend |
Mar 13, 2020 | $0.006 | ReturnOfCapital |
Mar 13, 2020 | $0.062 | OrdinaryDividend |
Feb 14, 2020 | $0.006 | ReturnOfCapital |
Feb 14, 2020 | $0.056 | OrdinaryDividend |
Jan 15, 2020 | $0.006 | ReturnOfCapital |
Jan 15, 2020 | $0.062 | OrdinaryDividend |
Dec 13, 2019 | $0.059 | OrdinaryDividend |
Nov 15, 2019 | $0.051 | OrdinaryDividend |
Oct 15, 2019 | $0.050 | OrdinaryDividend |
Sep 13, 2019 | $0.057 | OrdinaryDividend |
Aug 15, 2019 | $0.083 | OrdinaryDividend |
Jul 15, 2019 | $0.073 | OrdinaryDividend |
Jun 14, 2019 | $0.070 | OrdinaryDividend |
May 15, 2019 | $0.085 | OrdinaryDividend |
Apr 15, 2019 | $0.081 | OrdinaryDividend |
Mar 15, 2019 | $0.071 | OrdinaryDividend |
Feb 15, 2019 | $0.072 | OrdinaryDividend |
Jan 15, 2019 | $0.075 | OrdinaryDividend |
Dec 14, 2018 | $0.093 | OrdinaryDividend |
Nov 15, 2018 | $0.073 | OrdinaryDividend |
Oct 15, 2018 | $0.071 | OrdinaryDividend |
Sep 14, 2018 | $0.068 | OrdinaryDividend |
Aug 15, 2018 | $0.068 | OrdinaryDividend |
Jul 13, 2018 | $0.066 | OrdinaryDividend |
Jun 15, 2018 | $0.078 | OrdinaryDividend |
May 15, 2018 | $0.075 | OrdinaryDividend |
Apr 13, 2018 | $0.070 | OrdinaryDividend |
Mar 15, 2018 | $0.070 | OrdinaryDividend |
Feb 15, 2018 | $0.067 | OrdinaryDividend |
Jan 12, 2018 | $0.065 | OrdinaryDividend |
Dec 15, 2017 | $0.069 | OrdinaryDividend |
Nov 15, 2017 | $0.078 | OrdinaryDividend |
Oct 13, 2017 | $0.069 | OrdinaryDividend |
Sep 15, 2017 | $0.066 | OrdinaryDividend |
Aug 15, 2017 | $0.067 | OrdinaryDividend |
Jul 14, 2017 | $0.069 | OrdinaryDividend |
Jun 15, 2017 | $0.077 | OrdinaryDividend |
May 15, 2017 | $0.077 | OrdinaryDividend |
Apr 13, 2017 | $0.074 | OrdinaryDividend |
Mar 15, 2017 | $0.078 | OrdinaryDividend |
Feb 15, 2017 | $0.068 | OrdinaryDividend |
Jan 13, 2017 | $0.073 | OrdinaryDividend |
Dec 15, 2016 | $0.061 | OrdinaryDividend |
Nov 15, 2016 | $0.065 | OrdinaryDividend |
Oct 14, 2016 | $0.065 | OrdinaryDividend |
Sep 15, 2016 | $0.074 | OrdinaryDividend |
Aug 15, 2016 | $0.074 | OrdinaryDividend |
Jul 15, 2016 | $0.072 | OrdinaryDividend |
Jun 15, 2016 | $0.064 | OrdinaryDividend |
May 13, 2016 | $0.071 | OrdinaryDividend |
Apr 15, 2016 | $0.066 | OrdinaryDividend |
Mar 15, 2016 | $0.068 | OrdinaryDividend |
Feb 12, 2016 | $0.066 | OrdinaryDividend |
Jan 15, 2016 | $0.071 | OrdinaryDividend |
Dec 15, 2015 | $0.066 | OrdinaryDividend |
Nov 13, 2015 | $0.068 | OrdinaryDividend |
Oct 15, 2015 | $0.067 | OrdinaryDividend |
Sep 15, 2015 | $0.069 | OrdinaryDividend |
Aug 14, 2015 | $0.069 | OrdinaryDividend |
Jul 15, 2015 | $0.063 | OrdinaryDividend |
Jun 15, 2015 | $0.062 | OrdinaryDividend |
May 15, 2015 | $0.063 | OrdinaryDividend |
Apr 15, 2015 | $0.063 | OrdinaryDividend |
Mar 13, 2015 | $0.063 | OrdinaryDividend |
Feb 13, 2015 | $0.064 | OrdinaryDividend |
Jan 15, 2015 | $0.071 | OrdinaryDividend |
Dec 15, 2014 | $0.064 | OrdinaryDividend |
Nov 14, 2014 | $0.063 | OrdinaryDividend |
Oct 15, 2014 | $0.047 | OrdinaryDividend |
Sep 15, 2014 | $0.054 | OrdinaryDividend |
Aug 15, 2014 | $0.077 | OrdinaryDividend |
Jul 15, 2014 | $0.073 | OrdinaryDividend |
Jun 13, 2014 | $0.083 | OrdinaryDividend |
May 15, 2014 | $0.069 | OrdinaryDividend |
Apr 15, 2014 | $0.076 | OrdinaryDividend |
Mar 14, 2014 | $0.078 | OrdinaryDividend |
Feb 14, 2014 | $0.078 | OrdinaryDividend |
Jan 15, 2014 | $0.084 | OrdinaryDividend |
Dec 13, 2013 | $0.055 | CapitalGainShortTerm |
Dec 13, 2013 | $0.077 | OrdinaryDividend |
Nov 15, 2013 | $0.075 | OrdinaryDividend |
Oct 15, 2013 | $0.081 | OrdinaryDividend |
Sep 13, 2013 | $0.078 | OrdinaryDividend |
Aug 15, 2013 | $0.084 | OrdinaryDividend |
Jul 15, 2013 | $0.081 | OrdinaryDividend |
Jun 14, 2013 | $0.085 | OrdinaryDividend |
May 15, 2013 | $0.090 | OrdinaryDividend |
Apr 15, 2013 | $0.085 | OrdinaryDividend |
Mar 15, 2013 | $0.081 | OrdinaryDividend |
Feb 15, 2013 | $0.085 | OrdinaryDividend |
Jan 15, 2013 | $0.099 | OrdinaryDividend |
Dec 14, 2012 | $0.149 | OrdinaryDividend |