BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
BBBS
New York Stock Exchange Arca- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 85 Broad Street, 17th Floor New York NY United States of America 10004
- IPO Date
- Jan 25, 2024
- Website
- bondbloxxetf.com
- Similar Companies
- Business
- BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that seeks to track the investment results of an index composed of BBB-rated, fixed-rate, taxable U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. corporate issuers with remaining maturities of one to less than five years. The fund provides targeted exposure to short-duration investment-grade corporate debt, emphasizing outperformance potential from higher coupon income relative to broader U.S. corporate indices; precise maturity segmentation for duration management; and a portfolio heavily weighted in sectors such as financials, communications, and consumer cyclicals, with top holdings including Ford Motor Credit Co. LLC, General Motors Financial Co., Barclays PLC, T-Mobile USA Inc., and NextEra Energy Capital Holdings. Launched on January 23, 2024, and listed on NYSE Arca, BBBS has grown to approximately $178 million in net assets with a net expense ratio of 0.19% and monthly distributions. BondBloxx Investment Management Corporation, headquartered in Larkspur, California, and founded in 2021, serves as the investment adviser and is the pioneering ETF issuer dedicated exclusively to fixed income products, offering a suite of 25-27 bond ETFs spanning U.S. Treasuries, investment-grade corporates, high yield, tax-aware strategies, emerging markets, and private credit with over $6 billion in total assets under management. The firm operates primarily in the United States, targeting institutional and retail fixed income investors seeking granular exposures and liquidity through ETF structures. In October 2024, BondBloxx raised $27 million in a funding round led by Macquarie Asset Management, which maintained its minority stake and plans to sub-advise an innovative private credit CLO ETF filed in September 2024. The capital supports expansion of the ETF lineup, client solutions, and technology platform amid rapid growth in fixed income ETFs. More recently, in late 2024 and 2025, BondBloxx partnered with Income Research + Management (IR+M) to launch tax-aware fixed income ETFs, including two new funds; debuted the industry-first BondBloxx Private Credit CLO ETF (PCMM) providing direct exposure to private credit collateralized loan obligations tied to middle-market companies; doubled assets under management to over $6 billion; released its 2026 Fixed Income Outlook; and earned recognition as the 2025 Best International Fixed Income ETF Issuer while launching additional products like XCCC, TAXX, and XHLF.