BondBloxx B Rated USD High Yield Corporate Bond ETF
XB
New York Stock Exchange Arca- -
USD
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Capital Structure
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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
- May 26, 2022
- Website
- bondbloxxetf.com
- Similar Companies
- Business
- BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) is an exchange-traded fund that seeks to track the investment results of the ICE BofA Single-B US Cash Pay High Yield Constrained Index, comprising USD-denominated corporate bonds rated B1 through B3 by an average of Moody's, S&P Global Ratings, and Fitch Ratings, with individual issuer exposure capped at 2%; the fund holds primarily high yield bonds from issuers across sectors such as communications, healthcare, consumer cyclicals, and capital goods, including top holdings like Frontier Communications Holdings LLC, CHS/Community Health Systems Inc., and TransDigm Inc. XB offers monthly distributions and trades on NYSE Arca with a net expense ratio of 0.30% and approximately $31.6 million in assets under management as of December 2025. The ETF targets fixed income investors seeking targeted exposure to the single-B segment of the U.S. high yield corporate bond market, emphasizing liquidity and precision within the broader BondBloxx suite of fixed income ETFs that also includes investment grade corporates, sector-specific high yield funds, U.S. Treasuries, emerging markets debt, private credit, and tax-aware strategies. Launched on May 26, 2022, XB operates under BondBloxx ETF Trust, sponsored by BondBloxx Investment Management Corporation, founded in 2021 and headquartered in Larkspur, California. The firm, led by CEO Leland Clemons and a team of former BlackRock alumni, focuses exclusively on fixed income ETFs to provide granular exposure for investors navigating U.S. Treasuries, investment grade and high yield corporates, and other bond categories. In October 2024, BondBloxx raised $27 million in a funding round led by Macquarie Asset Management, which also maintains a minority stake and partners as sub-adviser on the firm's first private credit CLO ETF (PCMM), supporting platform expansion, new fund launches, and enhancements to client solutions and technology. Earlier in 2024, BondBloxx partnered with Income Research + Management (IR+M) to launch two new tax-aware fixed income ETFs, extending its leadership in that category with funds like TAXX and TXXI. In 2025, the firm received recognition as Best International Fixed Income ETF Issuer ($100m–$1bn) and released its 2026 Fixed Income Outlook, underscoring ongoing product innovation amid growing assets across its lineup. These developments reflect BondBloxx's strategic shifts toward private credit, tax-efficient strategies, and broader fixed income segmentation since XB's inception.