TAXM
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents·ARCA
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Key Stats
Assets Under Management
20.16MUSD
Fund Flows (1Y)
14.96MUSD
Dividend Yield
3.12%
Discount/Premium to NAV
0.06%
Shares Outstanding
530.00K
Expense Ratio
0.35%
About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Issuer
Bondbloxx Investment Management LLC
Brand
BondBloxx
Inception Date
Mar 13, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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
TAXM is structured to offer favorable after-tax income specifically for Massachusetts residents while targeting capital protection. It predominantly invests in municipal bonds that provide federal and Massachusetts tax exemptions, maintaining at least 50% of assets in these bonds. The fund often includes taxable instruments to enhance yields, selecting securities based on credit quality, diversification, and after-tax income forecasts, reflecting both Massachusetts and federal tax impacts. With a typical duration of 4 to 8 years, its strategy optimizes tax efficiency by reducing short-term capital gains and offsetting gains with deliberate losses. The fund may also engage in holding periods strategically designed to avoid short-term tax liabilities, retaining flexibility to adapt to changing market conditions.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Intermediate
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.00% | +0.16% | +0.57% | +1.50% | +1.50% | +1.50% |
NAV Total Return | +0.82% | +1.40% | +1.05% | -0.01% | -0.01% | -0.01% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
GTR FALL RIVER MA 5% 06/01/55
3.05%
NORTH ATTLEBOROUGH 4% 03/15/43
3.03%
MASSACHUSETTS BAY 5% 07/01/52
2.42%
BOSTON MA 5% 02/01/43
2.07%
DALLAS TX INDEP S V/R 02/15/56
2.04%
MASSACHUSETTS ST D 5% 10/01/40
2.04%
MASSACHUSETTS ST D 5% 07/01/34
1.96%
WAKEFIELD MA 5% 08/15/50
1.93%
IPS MULTI-SCH BLDG 5% 07/15/40
1.82%
MASSACHUSETTS ST D 5% 12/01/32
1.57%
Top 10 Weight 21.93%
136 Total Holdings
Is SPY better than TAXM?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-02-02 | 2026-02-02 | 2026-02-05 | 0.181 |
| 2025-12-30 | 2025-12-30 | 2026-01-05 | 0.160 |
| 2025-12-01 | 2025-12-01 | 2025-12-04 | 0.141 |
| 2025-11-03 | 2025-11-03 | 2025-11-06 | 0.142 |
| 2025-10-01 | 2025-10-01 | 2025-10-06 | 0.116 |
| 2025-09-02 | 2025-09-02 | 2025-09-05 | 0.147 |
| 2025-08-01 | 2025-08-01 | 2025-08-06 | 0.152 |
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Premium/Discount Chart
Assets Under Management
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Fund Flows
