XBB - BondBloxx the first exclusive fixed-income ETF issuer crosses $1B in AUM

2023-04-24 12:47:44 ET

BondBloxx, the first exchange traded fund issuer to exclusively focus on the fixed income marketplace, just crossed $1B in assets under management.

The ETF issuer has amassed investor capital across 19 specific fixed income-based funds that cover everything from the U.S. Treasury space to high-yield funds, along with sector-focused fixed income ETFs and emerging markets.

Listed below are a grouping of some of BondBoxx ETFs along with their 2023 returns.

• _{BondBloxx Bloomberg Two Year Target Duration US Treasury ETF} ( NYSEARCA: XTWO ) +0.7% .
• _{BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF} ( NYSEARCA: XTEN ) +2.3% .
• _{BondBloxx USD High Yield Bond Energy Sector ETF} ( XHYE ) +3% .
• _{BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF} ( XHYT ) +0.1% .
• _{BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF} ( XHYC ) +3.6% .
• _{BondBloxx BB Rated USD High Yield Corporate Bond ETF} ( XBB ) +1.7% .
• BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF ( XEMD ) -0.8% .

Regarding the milestone, BondBloxx founder Leland Clemons stated: "The investment landscape has experienced a tectonic shift over the last 18 months as investors reallocate significant portions of their portfolios to fixed income. With yields at the highest levels in decades and continued economic uncertainty, we expect that shift to continue."

In the the bond market, longer-end 10-Year U.S. Treasury yields ( US10Y ) dipped 5 basis points at 3.52%, while the more rate-sensitive 2-Year U.S. Treasury yield ( US2Y ) was down 4 basis points to 4.15%.

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