Symbols

XHLF

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF·NYSE

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Key Stats

Assets Under Management

1.87BUSD

Fund Flows (1Y)

791.95MUSD

Dividend Yield

3.98%

Discount/Premium to NAV

-0.01%

Shares Outstanding

37.28M

Expense Ratio

0.03%

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Issuer

Bondbloxx Investment Management LLC

Brand

BondBloxx

Home Page

https://bondbloxxetf.com/bondbloxx-bloomberg-six-month-target-duration-us-treasury-etf/

Inception Date

Sep 13, 2022

Structure

Open-Ended Fund

Index Tracked

Bloomberg US Treasury Six Month Duration 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

XHLF is part of BondBloxx's suite of duration-specific US Treasury ETFs. Starting with the constituents of the fund's parent index - the Bloomberg US Treasury Bill Index, the portfolio is constructed using two duration buckets of US Treasury securities: 1-to-6-month and 6-to-12-month duration securities. These two buckets are blended according to a weighting scheme required to achieve a target average portfolio duration of six months. Although, investors should note that the portfolio duration may drift away from the target between each monthly rebalance. The fund may obtain exposure to US Treasurys by investing directly or indirectly through derivatives and invest up to 20% of its net assets in other US government obligations, agency securities, cash, and cash equivalents.