BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
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
- Oct 12, 2022
- Website
- bondbloxxetf.com
- Similar Companies
- Business
- BondBloxx ETF Trust (the Trust) serves as the issuer for the BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY), a passively managed exchange-traded fund that tracks an index comprising U.S. Treasury securities with an average duration of approximately 20 years; the ETF provides targeted exposure to long-duration U.S. Treasuries, including notes, bonds, and zero-coupon strips maturing primarily between 2025 and 2055, with holdings such as U.S. Treasury STRIPS and bonds yielding around 4% on average, distributed monthly at a net expense ratio of 0.13%. The Trust, through its adviser BondBloxx Investment Management Corporation (founded in 2021 and headquartered in Larkspur, California), offers a broader lineup of over 24 precision fixed income ETFs spanning U.S. Treasuries, investment-grade corporates, high-yield bonds, tax-aware municipals, emerging markets debt, and private credit strategies; these products target institutional and retail fixed income investors seeking liquidity, transparency, and sector-specific exposures amid volatile interest rates. Launched on September 13, 2022, and listed on NYSE Arca, XTWY manages approximately $86 million in assets, focusing on investment-grade fixed income with a dividend yield of about 4.5%. In October 2024, BondBloxx raised $27 million in funding led by Macquarie Asset Management, which also maintains a minority stake and sub-advises a novel private credit CLO ETF filing submitted in September 2024; this capital supports ETF lineup expansion, technology enhancements, and client solutions growth, building on prior momentum with fixed income ETF inflows exceeding $250 billion year-to-date in 2024. Additional recent developments include a March 2025 partnership with SMArtX Advisory Solutions for multi-asset BASE Portfolios integrating BondBloxx ETFs with equities, a December 2025 launch of the first direct-exposure private credit ETF in collaboration with Virtus, and two new tax-aware fixed income funds with IR+M, alongside recognition as the 2025 Best International Fixed Income ETF Issuer. The Trust operates primarily in the U.S. market through BondBloxx ETF Trust, a Delaware statutory trust with principal operations in California, distributed by Foreside Fund Services, LLC.