BondBloxx BB Rated USD High Yield Corporate Bond ETF
XBB
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.- 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 BB Rated USD High Yield Corporate Bond ETF (XBB) is an exchange-traded fund that seeks to track the investment results of the ICE BofA BB US Cash Pay High Yield Constrained Index, comprising BB1 through BB3 rated USD-denominated cash pay high yield corporate bonds from the broader ICE BofA US Cash Pay High Yield Constrained Index, with issuer exposure capped at 2%; the portfolio is predominantly corporate bonds (99%), including top holdings such as CCO Holdings LLC/CCO Holdings Capital Corp., TransDigm Inc., Venture Global LNG Inc., OneMain Financial Corporation, and Tenet Healthcare Corporation, with additional allocations to U.S. dollars cash equivalents and minor non-U.S. bonds. XBB offers monthly distributions, trades on the NYSE Arca exchange under ticker XBB (CUSIP 09789C705), and as of December 2025 holds net assets of approximately $408 million with 9.9 million shares outstanding. Launched on May 26, 2022, the ETF operates within the fixed income asset class, targeting investors seeking targeted exposure to BB-rated high yield corporate debt for income generation amid market volatility. XBB forms part of the BondBloxx suite of precision fixed income ETFs, issued by BondBloxx Investment Management Corporation, founded in 2021 and headquartered at 700 Larkspur Landing Circle, Larkspur, California; BondBloxx focuses exclusively on bond market segments including U.S. Treasuries, investment grade corporates, high yield, tax-aware strategies, emerging markets bonds, and emerging private credit opportunities. The firm serves institutional and retail fixed income investors globally, with primary operations in the United States via NYSE Arca listings. In recent developments, BondBloxx raised $27 million in a funding round in October 2024 led by Macquarie Asset Management, which maintains a minority stake and supports expansion of the ETF platform, including enhancements to client solutions, technology infrastructure, and new fund launches such as a first-of-its-kind private credit CLO ETF sub-advised by Macquarie. In March 2025, BondBloxx partnered with SMArtX Advisory Solutions to construct and distribute multi-asset model portfolios incorporating its ETFs. The firm also launched new tax-aware fixed income ETFs in partnership with IR+M, extended its leadership in the category, and in 2025 was named Best International Fixed Income ETF Issuer while releasing its 2026 Fixed Income Outlook; additionally, BondBloxx introduced the first ETF providing direct exposure to private credit. These initiatives underscore BondBloxx's strategic shift toward innovative fixed income products and broadened distribution amid rapid assets under management growth past $1 billion.