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Trending ETFs

Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$50.29

$1.13 B

4.88%

$2.46

0.03%

Vitals

YTD Return

4.5%

1 yr return

5.2%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$1.13 B

Holdings in Top 10

79.4%

52 WEEK LOW AND HIGH

$50.3
$50.07
$50.45

Expenses

OPERATING FEES

Expense Ratio 0.03%

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 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$50.29

$1.13 B

4.88%

$2.46

0.03%

XHLF - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
  • Fund Family Name
    N/A
  • Inception Date
    Sep 13, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund is non-diversified and seeks to track the investment results of the Bloomberg US Treasury 6 Month Duration Index (the “Index”). The Index is comprised of certain U.S. Treasury bills that are included in the Bloomberg US Treasury Bill Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury bills included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 6 month target duration of the Index at the monthly rebalancing date. Securities in the Index and the Underlying Index are updated on the last business day of each calendar month.

The Index and the Underlying Index are sponsored by Bloomberg Index Services Limited (the “Index Provider”), which is not affiliated with the Fund or BIM. The Index Provider determines the composition of the Index and the Underlying Index, relative weightings of the securities in the Index and the Underlying Index and publishes information regarding the respective market value of the Index and the Underlying Index. See “More Information About the Funds -- Index Construction” for more information about the adjustment formula. There is no limit to the number of issues in the Index and the Underlying Index, but as of December 31, 2023, the Index and the Underlying Index each included approximately 43 constituents. Because the Index and the Underlying Index are reconstituted and rebalanced monthly, the respective components of the Index and the Underlying Index are likely to change over time.

As of December 31, 2023, the securities eligible for inclusion in the Index include U.S. Treasury bills with durations in the following two duration bucket ranges from the Underlying Index: 1 to 6 month duration securities and 6 to 12 month duration securities. The Underlying Index tracks the market for Treasury bills issued by the U.S. Government. For more information regarding the Index and the Underlying Index, see “More Information About the Funds — Index” below.

BIM uses a “passive” or indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “outperform” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.

Indexing will eliminate the chance that the Fund will substantially outperform the Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.

BIM uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable target index that BIM determines to collectively have an investment profile similar to that of the Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market value and sector weightings), fundamental characteristics (such as return variability, duration, maturity, credit ratings and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Index. There may be instances in which BIM may choose to underweight or overweight a security in the Index, purchase securities not in the Index that BIM believes are appropriate to substitute for certain securities in the Index in seeking to replicate as closely as possible, before fees and expenses, the performance of the Index. The Fund may sell securities that are represented in the Index in anticipation of their removal from the Index or purchase securities not represented in the Index in anticipation of their addition to the Index.

Under normal circumstances, the Fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a portfolio of U.S. Treasury securities that collectively have an average duration of approximately 6 months, either directly or indirectly (e.g., through derivatives). The Fund may also invest up to 20% of its net assets in certain other U.S. Treasury obligations, U.S. Government obligations, U.S. agency securities, cash and cash equivalents, as well as in securities not included in its Index, but which BIM believes will help the Fund track its Index.

The Fund seeks to track the investment results (i.e., the total return) of the Index before fees and expenses of the Fund.

The Index is sponsored by the Index Provider, which is independent of the Fund and BIM. The Index Provider determines the composition and relative weightings of the bonds in the Index and publishes information regarding the market value of the Index.

Industry Concentration Policy. The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in U.S Treasury securities.

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XHLF - Performance

Return Ranking - Trailing

Period XHLF Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% N/A N/A N/A
1 Yr 5.2% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period XHLF Return Category Return Low Category Return High Rank in Category (%)
2023 0.3% 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 XHLF Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% N/A N/A N/A
1 Yr 5.2% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period XHLF Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% 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

XHLF - Holdings

Concentration Analysis

XHLF Category Low Category High XHLF % Rank
Net Assets 1.13 B N/A N/A N/A
Number of Holdings 17 N/A N/A N/A
Net Assets in Top 10 917 M N/A N/A N/A
Weighting of Top 10 79.39% N/A N/A N/A

Top 10 Holdings

  1. UNITED STATES TREASURY BILL ZCP 0.00000000 8.65%
  2. UNITED STATES TREASURY BILL ZCP 0.00000000 8.48%
  3. UNITED STATES TREASURY BILL ZCP 0.00000000 8.38%
  4. UNITED STATES TREASURY BILL ZCP 0.00000000 8.23%
  5. WI TREASURY BILL REGD ZCP 0.00000000 8.21%
  6. WI TREASURY BILL REGD ZCP 0.00000000 8.20%
  7. UNITED STATES TREASURY BILL ZCP 0.00000000 8.20%
  8. UNITED STATES TREASURY BILL ZCP 0.00000000 7.81%
  9. UNITED STATES TREASURY BILL ZCP 0.00000000 7.01%
  10. UNITED STATES TREASURY BILL ZCP 0.00000000 6.21%

Asset Allocation

Weighting Return Low Return High XHLF % Rank
Cash
100.00% N/A N/A N/A
Stocks
0.00% 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

XHLF - Expenses

Operational Fees

XHLF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.03% N/A N/A N/A
Management Fee 0.03% 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

XHLF 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

XHLF 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.

XHLF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

XHLF - Distributions

Dividend Yield Analysis

XHLF Category Low Category High XHLF % Rank
Dividend Yield 4.88% N/A N/A N/A

Dividend Distribution Analysis

XHLF Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

XHLF Category Low Category High XHLF % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

XHLF Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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XHLF - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A