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

XHYT·ARCA
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Key Stats

Assets Under Management
32.06MUSD
Fund Flow (1Y)
-46.52MUSD
Dividend Yield
7.83%
Discount / Premium to NAV
1.13%
Shares Outstanding
500.00K
Expense Ratio
0.35%

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

Issuer
Bondbloxx Investment Management LLC
Brand
BondBloxx
Inception Date
Feb 15, 2022
Structure
Open-Ended Fund
Index Tracked
ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Bondbloxx Investment Management Corp.
Distributor
Foreside Fund Services LLC
XHYT is part of the first suite of high-yield corporate bond ETFs to target specific market sectors. This fund invests in USD-denominated high-yield corporates in the telecom, media and technology sector. An issuer is considered if it derives at least 50% of its revenue from ownership, operation, development, construction, management, financing, leasing, or sale of telecom, media and technology assets. Eligible bonds must be companies having risk exposure to FX-G10 member countries with at least $250 million outstanding face value. Bonds should have a maturity of at least 18 months at the time of issuance and at least one year to maturity. Holdings are initially market value-weighted, with single issuers capped at 25%. The fund is then grouped into large- and small-cap segments based on the initial weights. Issuers in the small-cap segment are capped at 4.85%, and the aggregate weight of issuers on the large-cap portion is capped at 48%. The index rebalances and reconstitutes monthly.

Classification

Asset Class
Fixed Income
Category
Corporate, Broad-based
Focus
High Yield
Niche
Broad Maturities
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
Market value

Analysis

Sector

Communication Services

100.00%

Asset

Holdings

Symbol

Ratio

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CASHUSD

6.22%
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ECHOSTAR CORP 10.75% 11/30/29

2.05%
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CLOUD SOFTWARE G 6.5% 03/31/29

1.33%
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SV RNO PROPERT 5.875% 03/01/31

1.28%
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DISH NETWORK C 11.75% 11/15/27

1.27%

Symbol

Ratio

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CLOUD SOFTWARE GRP 9% 09/30/29

1.25%
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WULF COMPUTE LL 7.75% 10/15/30

1.17%
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NEXSTAR MEDIA IN 6.5% 09/15/33

1.13%
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OAK-EAGLE ACQUI 7.25% 07/01/33

1.01%
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DISCOVERY HOLDI 5.05% 03/15/42

0.98%

Top 10 Weight 17.69%

305 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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