XHYT

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

$34.55

+0.00%

Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (XHYT) seeks to track the performance of a benchmark index that provides exposure to high-yield corporate bonds issued by companies in the telecom, media, and technology sectors.

Overview

ETF tracking BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Category Communication

Issuer Other

Inception Date 2022-02-17

Market Cap $62.2M

Average Volume N/A

Dividend Yield 6.42%

52-Week Range $32.96 - $35.51

VWAP $34.63

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of high-yield corporate bonds that are designed to closely match the holdings and performance of its target index. The index is composed of US dollar-denominated, high-yield corporate bonds issued by companies in the telecom, media, and technology industries.

✨ Key Features

Provides targeted exposure to the high-yield bond market within the telecom, media, and technology sectors
Seeks to track the performance of a specialized index focused on this market segment
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk compared to investment-grade bonds
Sector-specific funds like this may be more volatile and less diversified than broad-based bond funds
Interest rate risk as bond prices generally decline when interest rates rise
Limited liquidity and trading volume for this new ETF

👤 Best For

This ETF may be suitable for investors seeking targeted high-yield bond exposure in the telecom, media, and technology sectors as part of a diversified fixed-income allocation. However, due to the fund's limited history, it may be more appropriate for experienced investors willing to accept the higher risks associated with high-yield and sector-specific bond investments.