BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (XHYT)
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $33.72, down 0.36% on the session, giving a market capitalisation of $61.1M. Its beta of 0.73 implies it has historically moved less than the broad market.
Typically, the fund commits a minimum of 80% of its total assets (including any borrowed capital for investment) to speculative-grade, high-return corporate debt instruments. These securities, denominated in US currency, are issued by companies primarily operating within the telecommunications, media, and technology sectors, and may be acquired either directly or indirectly (e.g., through synthetic instruments like derivatives). This fund operates as a non-diversified portfolio.
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF is most often compared with the following Financial Services names: