BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC)
BondBloxx CCC Rated USD High Yield Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $35.90, up 0.16% on the session, giving a market capitalisation of $317.7M. Its beta of 0.69 implies it has historically moved less than the broad market.
Under typical operating conditions, the fund dedicates a substantial majority—specifically, a minimum of 80%—of its total capital (including any leveraged funds utilized for investment) to corporate debt. This debt comprises high-yield bonds that are rated below investment grade and are issued in U.S. dollars. The fund can acquire these assets either directly or through synthetic means, such as derivatives. Additionally, its investment portfolio operates on a non-diversified basis.
BondBloxx CCC Rated USD High Yield Corporate Bond ETF is most often compared with the following Financial Services names: