BBBI

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

$51.90
+0.00%
Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) seeks to track the performance of a portfolio of investment-grade corporate bonds with maturities between 5 and 10 years and a BBB credit rating.

Overview

ETF tracking BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Issuer Other
Inception Date 2024-01-25
Market Cap $51.9M
Average Volume N/A
Dividend Yield 4.12%
52-Week Range $49.34 - $52.71
VWAP $51.93

Performance

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Investment Summary

📎 Investment Objective

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) seeks to track the performance of a portfolio of investment-grade corporate bonds with maturities between 5 and 10 years and a BBB credit rating.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of BBB-rated corporate bonds with maturities between 5 and 10 years. The fund aims to provide exposure to the performance of this segment of the investment-grade corporate bond market.

✨ Key Features

  • Focuses on BBB-rated corporate bonds with intermediate-term maturities
  • Seeks to track the performance of the targeted bond market segment
  • Provides diversified exposure to the investment-grade corporate bond market
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The value of the bonds may decline as interest rates rise
  • Credit risk: The fund is exposed to the creditworthiness of the underlying corporate issuers
  • Liquidity risk: The bonds may be less liquid than government bonds, potentially impacting the fund's ability to sell positions
  • Reinvestment risk: Proceeds from maturing bonds may need to be reinvested at lower yields

👤 Best For

This ETF may be suitable for investors seeking exposure to the investment-grade corporate bond market, with a focus on intermediate-term, BBB-rated bonds. It could be a component of a diversified fixed-income portfolio for investors with a moderate risk tolerance and a medium-term investment horizon.