XBB – BondBloxx BB Rated USD HY Corp Bd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the Bloomberg U.S. High Yield 300MM BB 2% Issuer Capped Index (the “Index”) composed of BB (or its equivalent) fixed rate U.S. dollar-denominated, high yield corporate bonds. The fund will invest at least 80% of its net assets in high-yield, below-investment grade bonds denominated in U.S. dollars of corporate issuers, either directly or indirectly (e.g., through derivatives).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
XBB	BondBloxx BB Rated USD High Yield Corporate Bond ETF	ETF	Open			May 24, 2022	$514.50M	0.200%	—	—	$161.54M

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