BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX)
BondBloxx IR+M Tax-Aware Short Duration ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $50.49, up 0.05% on the session, giving a market capitalisation of $285.8M. Its beta of 0.07 implies it has historically moved less than the broad market.
The BondBloxx IR+M Tax-Aware Short Duration ETF operates as an actively managed exchange-traded fund, meaning it does not aim to mirror the performance of any specific market index. Instead, its investment strategy dictates that, under typical market conditions, a minimum of 80% of its total capital (inclusive of any funds acquired through borrowing for investment purposes) will be allocated to a diversified collection of U.S. dollar-denominated, high-quality (investment-grade) fixed-income debt securities. These holdings may be obtained either directly or through indirect methods, such as utilizing derivatives.
BondBloxx IR+M Tax-Aware Short Duration ETF is most often compared with the following Financial Services names: