UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-23731
BONDBLOXX ETF TRUST
(Exact name of registrant as specified in charter)
700 Larkspur Landing Circle, Suite 250, Larkspur, CA 94939
(Address of principal executive offices)(Zip code)
BondBloxx Investment Management Corporation
700 Larkspur Landing Circle, Suite 250,
Larkspur, CA 94939
(Name and address of agent for service)
Registrant’s telephone number, including area code: (800) 896-5089
Date of fiscal year end:
October 31
Date of reporting period:
April 30, 2023
ITEM 1. REPORTS TO STOCKHOLDERS.
| (a) | The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). |
BondBloxxSM ETF Trust
Semi-Annual Report
April 30, 2023
BondBloxx USD High Yield Bond Industrial Sector ETF | XHYI | NYSE Arca
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | XHYT | NYSE Arca
BondBloxx USD High Yield Bond Healthcare Sector ETF | XHYH | NYSE Arca
BondBloxx USD High Yield Bond Financial & REIT Sector ETF | XHYF | NYSE Arca
BondBloxx USD High Yield Bond Energy Sector ETF | XHYE | NYSE Arca
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | XHYC | NYSE Arca
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | XHYD | NYSE Arca
BondBloxx B Rated USD High Yield Corporate Bond ETF | XB | NYSE Arca
BondBloxx BB Rated USD High Yield Corporate Bond ETF | XBB | NYSE Arca
BondBloxx CCC Rated USD High Yield Corporate Bond ETF | XCCC | NYSE Arca
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | XEMD | Cboe BZX
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | XHLF | NYSE Arca
BondBloxx Bloomberg One Year Target Duration US Treasury ETF | XONE | NYSE Arca
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | XTWO | NYSE Arca
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | XTRE | NYSE Arca
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | XFIV | NYSE Arca
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | XSVN | NYSE Arca
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | XTEN | NYSE Arca
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | XTWY | NYSE Arca
BondBloxx Investment Management Corporation | bondbloxxetf.com | 800.896.5089
Table of Contents
i
BondBloxx USD High Yield Bond Industrial Sector ETF Growth
Fund Performance Overview (Unaudited)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Industrial Sector ETF (XHYI) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Core Industrial Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Industrial Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 7.10% | 3.80% | (0.17)% | |||
| Market Value | 7.44% | 4.50% | 0.04% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Core Industrial Index | 8.06% | 4.72% | 0.45% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Core Industrial Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the industrial sector, including the basic materials, capital goods, transportation and services subsectors. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYI were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
1
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (XHYT) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 0.83% | (3.96)% | (6.87)% | |||
| Market Value | 1.26% | (3.21)% | (6.63)% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Telecom, Media & Technology Index | 1.23% | (3.49)% | (6.44)% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub-sectors. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYT were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
2
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Healthcare Sector ETF (XHYH) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Healthcare Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Healthcare Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 9.29% | (3.21)% | (6.12)% | |||
| Market Value | 10.03% | (2.41)% | (5.87)% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Healthcare Index | 9.43% | (2.49)% | (5.53)% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Healthcare Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the healthcare sector, including the health facilities, health services, managed care, medical products, and pharmaceuticals sub-sectors. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYH were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
3
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Financial & REIT Sector ETF (XHYF) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Financial & REIT Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
BondBloxx USD High Yield Bond | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 5.42% | 0.25% | (3.08)% | |||
| Market Value | 5.70% | 1.15% | (2.94)% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Financial & REIT Index | 5.80% | 0.96% | (2.52)% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Financial & REIT Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the financial sector, including the banking, financial services, and insurance sub-sectors, and the REIT sector. The REIT sector is comprised solely of debt issued by real estate investment trusts. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYF were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
4
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Energy Sector ETF (XHYE) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Energy Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Energy Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
BondBloxx USD High Yield Bond | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 5.37% | 4.08% | 1.97% | |||
| Market Value | 5.98% | 5.07% | 2.16% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Energy Index | 5.76% | 4.87% | 2.71% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Energy Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the energy sector, including the exploration & production, gas distribution, oil field equipment & services, and oil refining & marketing sub-sectors. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYE were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
5
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (XHYC) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Consumer Cyclical Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
BondBloxx USD High Yield Bond | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 6.53% | 0.08% | (3.40)% | |||
| Market Value | 7.35% | 0.81% | (3.33)% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Consumer Cyclical Index | 6.96% | 0.53% | (2.98)% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Consumer Cyclical Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the consumer cyclicals sector (companies whose performance is generally more closely connected to the business cycle and current economic conditions), including the automotive, leisure, real estate development & management, department stores, and specialty retail subsectors. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYC were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
6
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (XHYD) at net asset value and market price as compared to the ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical Index(1) from the Fund’s inception date (February 15, 2022(2)) to April 30, 2023.
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Growth of a Hypothetical $10,000 Investment
| Average Annual Total Returns as of April 30, 2023 | ||||||
BondBloxx USD High Yield Bond | Six Months* | 1 year | Since Inception(2) | |||
| Net Asset Value | 6.91% | 4.18% | (0.76)% | |||
| Market Value | 7.31% | 5.03% | (0.66)% | |||
| ICE Diversified US Cash Pay High Yield | ||||||
| Consumer Non-Cyclical Index | 7.34% | 4.63% | (0.31)% |
| * | Not annualized. | |
| (1) | The ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical Index is a rules-based index consisting of U.S. dollar-denominated below investment grade bonds (as determined by ICE Data Indices, LLC or its affiliates (collectively “Index Provider” or “IDI”)) that contains issuers from the consumer non-cyclicals sector (companies whose performance is generally less closely connected to the business cycle and current economic conditions), including the consumer goods, discount stores, food & drug retail, restaurants, and utilities sub-sectors. | |
| (2) | The Fund commenced operations on February 15, 2022. Shares of XHYD were listed on the NYSE Arca, Inc. on February 17, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.35%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
7
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) at net asset value and market price as compared to the ICE BofA Single-B US Cash Pay High Yield Constrained Index(1) from the Fund’s inception date (May 24, 2022(2)) to April 30, 2023.
BondBloxx B Rated USD High Yield Corporate Bond ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx B Rated USD High Yield | Six Months | Since Inception(2) | ||
| Net Asset Value | 5.13% | 3.61% | ||
| Market Value | 5.47% | 0.02% | ||
| ICE BofA Single-B US Cash Pay High Yield | ||||
| Constrained Index | 5.93% | 4.47% |
| (1) | The ICE BofA Single-B US Cash Pay High Yield Constrained Index contains all bonds in the ICE BofA US Cash Pay High Yield Index (the “Underlying Index”) that are rated B1 through B3, based on an average of Moody’s Investors Services Inc. (“Moody’s”), S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”), but caps issuer exposure at 2%. | |
| (2) | The Fund commenced operations on May 24, 2022. Shares of XB were listed on the NYSE Arca, Inc. on May 26, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.30%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
8
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) at net asset value and market price as compared to the ICE BofA BB US Cash Pay High Yield Constrained Index(1) from the Fund’s inception date (May 24, 2022(2)) to April 30, 2023.
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx BB Rated USD High Yield | Six Months | Since Inception(2) | ||
| Net Asset Value | 5.54% | 3.35% | ||
| Market Value | 5.88% | (0.02)% | ||
| ICE BofA BB US Cash Pay High Yield | ||||
| Constrained Index | 5.82% | 3.55% |
| (1) | The ICE BofA BB US Cash Pay High Yield Constrained Index contains all bonds in the ICE BofA US Cash Pay High Yield Index (the “Underlying Index”) that are rated BB1 though BB3, based on an average of Moody’s Investors Services, Inc. (“Moody’s”), S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”), but caps issuer exposure at 2%. | |
| (2) | The Fund commenced operations on May 24, 2022. Shares of XBB were listed on the NYSE Arca, Inc. on May 26, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.20%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
9
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) at net asset value and market price as compared to the ICE CCC US Cash Pay High Yield Constrained Index(1) from the Fund’s inception date (May 24, 2022(2)) to April 30, 2023.
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx CCC Rated USD High Yield | Six Months | Since Inception(2) | ||
| Net Asset Value | 6.53% | 3.77% | ||
| Market Value | 7.01% | 0.98% | ||
| ICE CCC US Cash Pay High Yield | ||||
| Constrained Index | 7.25% | 4.69% |
| (1) | The ICE CCC US Cash Pay High Yield Constrained Index contains all bonds in the ICE BofA US Cash Pay High Yield Index (the “Underlying Index”) that are rated CCC1 through CCC3, based on an average of Moody’s Investors Services, Inc. (“Moody’s”), S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”), but caps issuer exposure at 2%. | |
| (2) | The Fund commenced operations on May 24, 2022. Shares of XCCC were listed on the NYSE Arca, Inc. on May 26, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.40%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
10
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) at net asset value and market price as compared to the J.P. Morgan EMBI Global Diversified Liquid 1-10 Year Maturity Index(1) from the Fund’s inception date (June 28, 2022(2)) to April 30, 2023.
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx JP Morgan USD Emerging Markets | Six Months | Since Inception(2) | ||
| Net Asset Value | 7.38% | 3.33% | ||
| Market Value | 8.43% | 3.75% | ||
| J.P. Morgan EMBI Global Diversified Liquid | ||||
| 1-10 Year Maturity Index | 7.66% | 3.73% |
| (1) | The J.P. Morgan EMBI Global Diversified Liquid 1-10 Year Maturity Index contains all bonds with at least $1 billion in face amount outstanding in the J.P. Morgan EMBI Global Diversified Index (the “Underlying Index”) that have an average life below 10 years at each month-end rebalance. The Underlying Index is a broad, diverse U.S. dollar-denominated emerging markets debt benchmark that tracks the total return of actively-traded external debt instruments in emerging market countries. | |
| (2) | The Fund commenced operations on June 28, 2022. Shares of XEMD were listed on the Cboe BZX, Inc. on June 30, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the Cboe BZX, Inc. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.29%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
11
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) at net asset value and market price as compared to the Bloomberg US Treasury 6 Month Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Six Month | Six Months | Since Inception(2) | ||
| Net Asset Value | 2.15% | 2.33% | ||
| Market Value | 2.09% | 2.31% | ||
| Bloomberg US Treasury 6 Month | ||||
| Duration Index | 2.19% | 2.35% |
| (1) | The Bloomberg US Treasury 6 Month Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Bill Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 6 month target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XHLF were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.03%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
12
BONDBLOXX ETF TRUST
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) at net asset value and market price as compared to the Bloomberg US Treasury 1 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg One Year | Six Months | Since Inception(2) | ||
| Net Asset Value | 2.18% | 1.97% | ||
| Market Value | 2.20% | 2.05% | ||
| Bloomberg US Treasury 1 Year | ||||
| Duration Index | 2.21% | 2.03% |
| (1) | The Bloomberg US Treasury 1 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Short Treasury Index and Bloomberg US Treasury Index (each an “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 1 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XONE were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.03%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
13
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) at net asset value and market price as compared to the Bloomberg US Treasury 2 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Two Year | Six Months | Since Inception(2) | ||
| Net Asset Value | 2.82% | 1.90% | ||
| Market Value | 2.84% | 2.08% | ||
| Bloomberg US Treasury 2 Year | ||||
| Duration Index | 2.85% | 1.95% |
| (1) | The Bloomberg US Treasury 2 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 2 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XTWO were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.05%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
14
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) at net asset value and market price as compared to the Bloomberg US Treasury 3 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Three Year | Six Months | Since | ||
| Net Asset Value | 3.89% | 2.39% | ||
| Market Value | 3.91% | 2.61% | ||
| Bloomberg US Treasury 3 Year | ||||
| Duration Index | 3.90% | 2.39% |
| (1) | The Bloomberg US Treasury 3 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 3 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XTRE were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.05%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
15
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) at net asset value and market price as compared to the Bloomberg US Treasury 5 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Five Year | Six Months | Since Inception(2) | ||
| Net Asset Value | 5.58% | 2.68% | ||
| Market Value | 5.65% | 3.01% | ||
| Bloomberg US Treasury 5 Year | ||||
| Duration Index | 5.60% | 2.69% |
| (1) | The Bloomberg US Treasury 5 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 5 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XFIV were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.05%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
16
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) at net asset value and market price as compared to the Bloomberg US Treasury 7 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Seven Year | Six Months | Since Inception(2) | ||
| Net Asset Value | 6.62% | 2.43% | ||
| Market Value | 6.79% | 2.78% | ||
| Bloomberg US Treasury 7 Year | ||||
| Duration Index | 6.66% | 2.52% |
| (1) | The Bloomberg US Treasury 7 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 7 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XSVN were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.05%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
17
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) at net asset value and market price as compared to the Bloomberg US Treasury 10 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Ten Year | Six Months | Since Inception(2) | ||
| Net Asset Value | 8.97% | 2.25% | ||
| Market Value | 9.27% | 2.68% | ||
| Bloomberg US Treasury 10 Year | ||||
| Duration Index | 8.91% | 2.18% |
| (1) | The Bloomberg US Treasury 10 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 10 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XTEN were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.075%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
18
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Growth
Fund Performance Overview (Unaudited) (Continued)
The following graph depicts the hypothetical $10,000 investment in the BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY) at net asset value and market price as compared to the Bloomberg US Treasury 20 Year Duration Index(1) from the Fund’s inception date (September 13, 2022(2)) to April 30, 2023.
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
Growth of a Hypothetical $10,000 Investment
| Cumulative Total Returns as of April 30, 2023 | ||||
BondBloxx Bloomberg Twenty Year | Six Months | Since | ||
| Net Asset Value | 13.83% | (0.18)% | ||
| Market Value | 14.07% | (0.36)% | ||
| Bloomberg US Treasury 20 Year | ||||
| Duration Index | 13.86% | 0.00% |
| (1) | The Bloomberg US Treasury 20 Year Duration Index is comprised of certain U.S. Treasury notes and bonds that are included in the Bloomberg US Treasury Index (the “Underlying Index”). The Index is constructed using two underlying “duration buckets” of U.S. Treasury notes and bonds included in the Underlying Index that are weighted by market capitalization of their component securities and then blended according to the weighting required to match the 20 year target duration of the Index at the monthly rebalancing date. | |
| (2) | The Fund commenced operations on September 13, 2022. Shares of XTWY were listed on the NYSE Arca, Inc. on September 15, 2022. |
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit https://bondbloxxetf.com/.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. The NAV is typically calculated at 4:00 pm Eastern time on each business day the New York Stock Exchange is open for trading. Market returns are based on the trade price at which shares are bought and sold on the NYSE Arca, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the Fund’s shares may differ significantly from their NAV during periods of market volatility. The referenced indices are shown for informational purposes only and are not meant to represent the Fund. One cannot invest directly in an index.
The Fund’s performance assumes the reinvestment of all dividends and all capital gains. Returns shown do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.
As stated in the current prospectus, the expense ratio is 0.125%. Please refer to the Financial Highlights herein for the most recent expense ratio information.
19
Fund Expense Examples (Unaudited)
As a shareholder, you incur two types of costs: (1) transaction costs for purchasing and selling shares; and (2) ongoing costs, including management fees and other Fund expenses. The following examples are intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other funds. This example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The example assumes that you invest $1,000 in the Fund at the beginning of the period (November 1, 2022) and held for the entire period until April 30, 2023. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.
Actual Expenses
The first line under each Fund in the tables below provides information about actual account values and actual expenses. You may use the information, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses paid during period” to estimate the expenses you paid on your account during this period.
Hypothetical Example for Comparison Purposes
The second line under each Fund in the tables below provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund with other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under the Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| Fund | Beginning Account Value 11/1/2022 | Ending Account Value 4/30/2023 | Annualized Expense Ratios for the Period 4/30/2023 | Expenses Paid During the Period(1) 4/30/2023 | |||||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Industrial Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,070.97 | 0.35% | $ | 1.80 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Telecom, Media & Technology Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,008.35 | 0.35% | $ | 1.74 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Healthcare Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,092.94 | 0.35% | $ | 1.82 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Financial & REIT Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,054.21 | 0.35% | $ | 1.78 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
20
BONDBLOXX ETF TRUST
Fund Expense Examples (Unaudited) (Continued)
| Fund | Beginning Account Value 11/1/2022 | Ending Account Value 4/30/2023 | Annualized Expense Ratios for the Period 4/30/2023 | Expenses the Period(1) | |||||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Energy Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,053.71 | 0.35% | $ | 1.78 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Consumer Cyclicals Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,065.35 | 0.35% | $ | 1.79 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Consumer Non-Cyclicals Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,069.10 | 0.35% | $ | 1.80 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.06 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx B Rated USD High Yield | |||||||||||||||
| Corporate Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,051.35 | 0.30% | $ | 1.53 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.31 | 0.30% | $ | 1.51 | ||||||||
| BondBloxx BB Rated USD High Yield | |||||||||||||||
| Corporate Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,055.41 | 0.20% | $ | 1.02 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.80 | 0.20% | $ | 1.00 | ||||||||
| BondBloxx CCC Rated USD High Yield | |||||||||||||||
| Corporate Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,065.27 | 0.40% | $ | 2.05 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.81 | 0.40% | $ | 2.01 | ||||||||
| BondBloxx JP Morgan USD Emerging Markets | |||||||||||||||
| 1-10 Year Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,073.81 | 0.29% | $ | 1.49 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.36 | 0.29% | $ | 1.45 | ||||||||
| BondBloxx Bloomberg Six Month | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,021.50 | 0.03% | $ | 0.15 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.65 | 0.03% | $ | 0.15 | ||||||||
| BondBloxx Bloomberg One Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,021.77 | 0.03% | $ | 0.15 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.65 | 0.03% | $ | 0.15 | ||||||||
| BondBloxx Bloomberg Two Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,028.22 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.55 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Three Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,038.85 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.55 | 0.05% | $ | 0.25 | ||||||||
21
BONDBLOXX ETF TRUST
Fund Expense Examples (Unaudited) (Continued)
| Fund | Beginning Account Value 11/1/2022 | Ending Account Value 4/30/2023 | Annualized Expense Ratios for the Period 4/30/2023 | Expenses Paid During the Period(1) 4/30/2023 | |||||||||||
| BondBloxx Bloomberg Five Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,055.83 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.55 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Seven Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,066.16 | 0.05% | $ | 0.26 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.55 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Ten Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,089.73 | 0.075% | $ | 0.39 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.42 | 0.075% | $ | 0.38 | ||||||||
| BondBloxx Bloomberg Twenty Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,138.33 | 0.125% | $ | 0.66 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.17 | 0.125% | $ | 0.63 | ||||||||
| (1) | Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by the 181 days in the period, then divided by 365. |
22
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| ADVERTISING – 0.1% | ||||||||||||||
| Summer BC Bidco B LLC(1) | 5.50 | 10/31/26 | $ | 28,000 | $ | 23,523 | ||||||||
| AEROSPACE/DEFENSE – 10.4% | ||||||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 55,000 | 52,225 | ||||||||||
| Bombardier, Inc.(1) | 7.13 | 06/15/26 | 87,000 | 86,818 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 34,000 | 37,706 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 03/15/25 | 24,000 | 24,032 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 55,000 | 54,155 | ||||||||||
| Bombardier, Inc.(1) | 7.88 | 04/15/27 | 135,000 | 134,758 | ||||||||||
| F-Brasile SpA/F-Brasile US LLC(1) | 7.38 | 08/15/26 | 35,000 | 29,435 | ||||||||||
| Howmet Aerospace, Inc. | 3.00 | 01/15/29 | 55,000 | 49,415 | ||||||||||
| Howmet Aerospace, Inc. | 5.13 | 10/01/24 | 65,000 | 64,822 | ||||||||||
| Howmet Aerospace, Inc. | 5.90 | 02/01/27 | 45,000 | 46,131 | ||||||||||
| Howmet Aerospace, Inc. | 5.95 | 02/01/37 | 45,000 | 45,837 | ||||||||||
| Howmet Aerospace, Inc. | 6.75 | 01/15/28 | 25,000 | 26,378 | ||||||||||
| Howmet Aerospace, Inc. | 6.88 | 05/01/25 | 45,000 | 46,406 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 34,000 | 32,018 | ||||||||||
| Rolls-Royce PLC(1) | 3.63 | 10/14/25 | 62,000 | 58,900 | ||||||||||
| Rolls-Royce PLC(1) | 5.75 | 10/15/27 | 77,000 | 76,926 | ||||||||||
| Spirit AeroSystems, Inc. | 3.85 | 06/15/26 | 20,000 | 18,762 | ||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 50,000 | 42,473 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 7.50 | 04/15/25 | 85,000 | 84,566 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 66,000 | 71,027 | ||||||||||
| TransDigm UK Holdings PLC | 6.88 | 05/15/26 | 35,000 | 35,265 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 84,000 | 76,125 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 55,000 | 50,043 | ||||||||||
| TransDigm, Inc. | 5.50 | 11/15/27 | 187,000 | 179,756 | ||||||||||
| TransDigm, Inc.(1) | 6.25 | 03/15/26 | 325,000 | 327,045 | ||||||||||
| TransDigm, Inc. | 6.38 | 06/15/26 | 68,000 | 68,003 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 150,000 | 152,519 | ||||||||||
| TransDigm, Inc. | 7.50 | 03/15/27 | 40,000 | 40,255 | ||||||||||
| Triumph Group, Inc. | 7.75 | 08/15/25 | 33,000 | 30,740 | ||||||||||
| Triumph Group, Inc.(1) | 9.00 | 03/15/28 | 85,000 | 86,273 | ||||||||||
| 2,128,814 | ||||||||||||||
| AIRLINES – 7.3% | ||||||||||||||
| Air Canada(1) | 3.88 | 08/15/26 | 88,000 | 81,571 | ||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 40,000 | 39,544 | ||||||||||
| American Airlines Group, Inc.(1) | 3.75 | 03/01/25 | 32,000 | 30,173 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 55,000 | 53,544 | ||||||||||
| American Airlines, Inc.(1) | 11.75 | 07/15/25 | 177,000 | 194,922 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.50 | 04/20/26 | 248,000 | 243,820 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 215,000 | 204,589 | ||||||||||
| Delta Air Lines, Inc. | 2.90 | 10/28/24 | 60,000 | 57,942 | ||||||||||
| Delta Air Lines, Inc. | 3.75 | 10/28/29 | 34,000 | 30,457 | ||||||||||
| Delta Air Lines, Inc. | 4.38 | 04/19/28 | 34,000 | 32,085 | ||||||||||
| Delta Air Lines, Inc. | 7.38 | 01/15/26 | 60,000 | 63,310 | ||||||||||
The accompanying notes are an integral part of these financial statements.
23
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AIRLINES – 7.3% (Continued) | ||||||||||||||
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.(1) | 5.75 | 01/20/26 | $ | 88,000 | $ | 82,066 | ||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 38,000 | 38,387 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 45,000 | 45,491 | ||||||||||
| United Airlines Holdings, Inc. | 4.88 | 01/15/25 | 23,000 | 22,641 | ||||||||||
| United Airlines, Inc.(1) | 4.38 | 04/15/26 | 143,000 | 136,740 | ||||||||||
| United Airlines, Inc.(1) | 4.63 | 04/15/29 | 144,000 | 130,475 | ||||||||||
| 1,487,757 | ||||||||||||||
| AUTO MANUFACTURERS – 0.5% | ||||||||||||||
| JB Poindexter & Co., Inc.(1) | 7.13 | 04/15/26 | 40,000 | 38,650 | ||||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 44,000 | 41,733 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 30,000 | 26,140 | ||||||||||
| 106,523 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.3% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 44,000 | 32,651 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 30,000 | 26,850 | ||||||||||
| 59,501 | ||||||||||||||
| BUILDING MATERIALS – 5.8% | ||||||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 30,000 | 27,110 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 88,000 | 77,206 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 47,000 | 43,964 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 51,000 | 50,803 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 50,000 | 47,437 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 22,000 | 16,581 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 7.00 | 12/01/28 | 33,000 | 24,833 | ||||||||||
| Eco Material Technologies, Inc.(1) | 7.88 | 01/31/27 | 39,000 | 37,489 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 71,000 | 65,586 | ||||||||||
| James Hardie International Finance DAC(1) | 5.00 | 01/15/28 | 30,000 | 28,312 | ||||||||||
| JELD-WEN, Inc.(1) | 4.63 | 12/15/25 | 33,000 | 31,893 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 30,000 | 26,292 | ||||||||||
| JELD-WEN, Inc.(1) | 6.25 | 05/15/25 | 10,000 | 10,083 | ||||||||||
| Knife River Holding Co.(1) | 7.75 | 05/01/31 | 30,000 | 30,449 | ||||||||||
| Louisiana-Pacific Corp.(1) | 3.63 | 03/15/29 | 22,000 | 19,326 | ||||||||||
| Masonite International Corp.(1) | 3.50 | 02/15/30 | 20,000 | 17,153 | ||||||||||
| Masonite International Corp.(1) | 5.38 | 02/01/28 | 45,000 | 43,377 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 38,000 | 31,966 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 47,000 | 42,116 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 45,000 | 39,423 | ||||||||||
| PGT Innovations, Inc.(1) | 4.38 | 10/01/29 | 44,000 | 39,938 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 77,000 | 72,162 | ||||||||||
| Standard Industries, Inc./NJ(1) | 3.38 | 01/15/31 | 77,000 | 61,025 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.38 | 07/15/30 | 115,000 | 99,404 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.75 | 01/15/28 | 73,000 | 68,347 | ||||||||||
| Standard Industries, Inc./NJ(1) | 5.00 | 02/15/27 | 60,000 | 57,473 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 5.25 | 01/15/29 | 52,000 | 49,488 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 6.50 | 03/15/27 | 20,000 | 19,962 | ||||||||||
| 1,179,198 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
24
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 9.9% | ||||||||||||||
| Ashland LLC(1) | 3.38 | 09/01/31 | $ | 32,000 | $ | 26,547 | ||||||||
| Ashland LLC | 6.88 | 05/15/43 | 20,000 | 20,069 | ||||||||||
| ASP Unifrax Holdings, Inc.(1) | 5.25 | 09/30/28 | 55,000 | 45,375 | ||||||||||
| ASP Unifrax Holdings, Inc.(1) | 7.50 | 09/30/29 | 28,000 | 20,120 | ||||||||||
| Avient Corp.(1) | 5.75 | 05/15/25 | 45,000 | 45,017 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 50,000 | 51,148 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 52,000 | 45,015 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 35,000 | 33,844 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 50,000 | 41,228 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 33,000 | 30,709 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 55,000 | 48,947 | ||||||||||
| Cornerstone Chemical Co.(1) | 10.25 | 09/01/27 | 5,000 | 4,456 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 45,000 | 40,674 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 55,000 | 48,594 | ||||||||||
| GPD Cos, Inc.(1) | 10.13 | 04/01/26 | 35,000 | 32,059 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 20,000 | 18,926 | ||||||||||
| HB Fuller Co. | 4.25 | 10/15/28 | 20,000 | 18,386 | ||||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 20,000 | 16,602 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 33,000 | 29,321 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 35,000 | 34,616 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 3.38 | 01/15/26 | 35,000 | 32,149 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 45,000 | 39,537 | ||||||||||
| Innophos Holdings, Inc.(1) | 9.38 | 02/15/28 | 20,000 | 20,097 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 30,000 | 23,807 | ||||||||||
| LSF11 A5 Hold Co. LLC(1) | 6.63 | 10/15/29 | 22,000 | 18,967 | ||||||||||
| Mativ Holdings, Inc.(1) | 6.88 | 10/01/26 | 20,000 | 18,254 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 30,000 | 27,439 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 41,000 | 33,197 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.88 | 06/01/24 | 77,000 | 75,888 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.00 | 05/01/25 | 35,000 | 34,003 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 73,000 | 66,154 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 20,000 | 17,796 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 35,000 | 32,723 | ||||||||||
| Olin Corp. | 5.13 | 09/15/27 | 35,000 | 33,902 | ||||||||||
| Olin Corp. | 5.63 | 08/01/29 | 52,000 | 50,767 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 55,000 | 46,970 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 30,000 | 24,135 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.13 | 10/01/27 | 20,000 | 19,088 | ||||||||||
| Polar US Borrower LLC/Schenectady International Group, Inc.(1) | 6.75 | 05/15/26 | 17,000 | 10,344 | ||||||||||
| Rain CII Carbon LLC/CII Carbon Corp.(1) | 7.25 | 04/01/25 | 40,000 | 38,811 | ||||||||||
| Rayonier AM Products, Inc.(1) | 5.50 | 06/01/24 | 20,000 | 20,078 | ||||||||||
| Rayonier AM Products, Inc.(1) | 7.63 | 01/15/26 | 35,000 | 31,190 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 77,000 | 69,402 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 50,000 | 41,730 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 55,000 | 50,686 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 50,000 | 42,616 | ||||||||||
| SPCM SA(1) | 3.13 | 03/15/27 | 30,000 | 26,816 | ||||||||||
| SPCM SA(1) | 3.38 | 03/15/30 | 20,000 | 16,569 | ||||||||||
The accompanying notes are an integral part of these financial statements.
25
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 9.9% (Continued) | ||||||||||||||
| TPC Group, Inc.(1) | 13.00 | 12/16/27 | $ | 25,000 | $ | 25,150 | ||||||||
| Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.(1) | 5.13 | 04/01/29 | 30,000 | 18,629 | ||||||||||
| Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.(1) | 5.38 | 09/01/25 | 33,000 | 27,694 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 82,000 | 68,150 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 37,000 | 30,799 | ||||||||||
| Valvoline, Inc.(1) | 4.25 | 02/15/30 | 45,000 | 44,158 | ||||||||||
| Venator Finance Sarl/Venator Materials LLC(1) | 5.75 | 07/15/25 | 20,000 | 2,758 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 55,000 | 42,107 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 56,000 | 53,253 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 78,000 | 67,354 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 30,000 | 30,098 | ||||||||||
| 2,024,918 | ||||||||||||||
| COAL – 0.4% | ||||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.(1) | 7.50 | 05/01/25 | 30,000 | 29,846 | ||||||||||
| Conuma Resources Ltd.(1) | 13.13 | 05/01/28 | 15,000 | 14,625 | ||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 34,000 | 29,634 | ||||||||||
| Warrior Met Coal, Inc.(1) | 7.88 | 12/01/28 | 17,000 | 17,203 | ||||||||||
| 91,308 | ||||||||||||||
| COMMERCIAL SERVICES – 13.9% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 71,000 | 61,761 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 50,000 | 43,323 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 30,000 | 28,531 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 6.13 | 10/15/26 | 43,000 | 39,244 | ||||||||||
| Albion Financing 2Sarl(1) | 8.75 | 04/15/27 | 30,000 | 26,217 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | 70,000 | 54,944 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.63 | 07/15/26 | 140,000 | 135,142 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 9.75 | 07/15/27 | 75,000 | 69,865 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 84,000 | 73,060 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 55,000 | 47,933 | ||||||||||
| Alta Equipment Group, Inc.(1) | 5.63 | 04/15/26 | 20,000 | 18,462 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 25,000 | 21,655 | ||||||||||
| APi Group DE, Inc.(1) | 4.75 | 10/15/29 | 19,000 | 17,231 | ||||||||||
| Aptim Corp.(1) | 7.75 | 06/15/25 | 35,000 | 27,821 | ||||||||||
| APX Group, Inc.(1) | 5.75 | 07/15/29 | 55,000 | 49,196 | ||||||||||
| APX Group, Inc.(1) | 6.75 | 02/15/27 | 45,000 | 45,030 | ||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 44,000 | 40,724 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 4.75 | 04/01/28 | 35,000 | 31,453 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 47,000 | 42,680 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 20,000 | 18,762 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 30,000 | 28,465 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 46,000 | 43,549 | ||||||||||
| Brink’s Co.(1) | 5.50 | 07/15/25 | 30,000 | 29,740 | ||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 55,000 | 45,019 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 45,000 | 41,398 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 35,000 | 28,819 | ||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | 30,000 | 30,182 | ||||||||||
| Garda World Security Corp.(1) | 9.50 | 11/01/27 | 43,000 | 41,263 | ||||||||||
The accompanying notes are an integral part of these financial statements.
26
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMMERCIAL SERVICES – 13.9% (Continued) | ||||||||||||||
| Gartner, Inc.(1) | 3.63 | 06/15/29 | $ | 45,000 | $ | 39,892 | ||||||||
| Gartner, Inc.(1) | 3.75 | 10/01/30 | 58,000 | 50,713 | ||||||||||
| Gartner, Inc.(1) | 4.50 | 07/01/28 | 57,000 | 53,665 | ||||||||||
| Graham Holdings Co.(1) | 5.75 | 06/01/26 | 30,000 | 29,670 | ||||||||||
| Grand Canyon University | 4.13 | 10/01/24 | 35,000 | 33,352 | ||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | 30,000 | 27,142 | ||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 88,000 | 84,183 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 45,000 | 40,576 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 65,000 | 53,236 | ||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 30,000 | 28,534 | ||||||||||
| Matthews International Corp.(1) | 5.25 | 12/01/25 | 20,000 | 19,188 | ||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | 188,000 | 177,129 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 71,000 | 64,219 | ||||||||||
| PECF USS Intermediate Holding III Corp.(1) | 8.00 | 11/15/29 | 35,000 | 22,877 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 65,000 | 58,176 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 5.75 | 04/15/26 | 98,000 | 97,387 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 6.25 | 01/15/28 | 95,000 | 89,072 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 20,000 | 8,357 | ||||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 53,000 | 49,766 | ||||||||||
| Sotheby’s/Bidfair Holdings, Inc.(1) | 5.88 | 06/01/29 | 20,000 | 16,482 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 38,000 | 33,268 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 54,000 | 46,354 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 55,000 | 51,658 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 77,000 | 67,843 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 53,000 | 47,496 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 115,000 | 110,687 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 55,000 | 53,274 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 36,000 | 35,825 | ||||||||||
| WASH Multifamily Acquisition, Inc.(1) | 5.75 | 04/15/26 | 60,000 | 56,313 | ||||||||||
| Williams Scotsman International, Inc.(1) | 4.63 | 08/15/28 | 35,000 | 32,173 | ||||||||||
| Williams Scotsman International, Inc.(1) | 6.13 | 06/15/25 | 35,000 | 34,872 | ||||||||||
| WW International, Inc.(1) | 4.50 | 04/15/29 | 35,000 | 22,369 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 45,000 | 39,347 | ||||||||||
| 2,856,564 | ||||||||||||||
| COMPUTERS – 0.6% | ||||||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 34,000 | 27,977 | ||||||||||
| Crane Nxt Co. | 4.20 | 03/15/48 | 25,000 | 17,786 | ||||||||||
| Exela Intermediate LLC/Exela Finance, Inc.(1) | 11.50 | 07/15/26 | 88,000 | 10,636 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 10,000 | 9,258 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 30,000 | 28,345 | ||||||||||
| Tempo Acquisition LLC/Tempo Acquisition Finance Corp.(1) | 5.75 | 06/01/25 | 20,000 | 20,134 | ||||||||||
| 114,136 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 1.7% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | 30,000 | 25,885 | ||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 48,000 | 44,032 | ||||||||||
| BCPE Empire Holdings, Inc.(1) | 7.63 | 05/01/27 | 50,000 | 45,926 | ||||||||||
| H&E Equipment Services, Inc.(1) | 3.88 | 12/15/28 | 88,000 | 76,352 | ||||||||||
The accompanying notes are an integral part of these financial statements.
27
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DISTRIBUTION/WHOLESALE – 1.7% (Continued) | ||||||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | $ | 17,000 | $ | 14,417 | ||||||||
| Ritchie Bros Holdings, Inc.(1) | 6.75 | 03/15/28 | 45,000 | 46,631 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 7.75 | 03/15/31 | 55,000 | 58,506 | ||||||||||
| Univar Solutions USA, Inc./Washington(1) | 5.13 | 12/01/27 | 35,000 | 35,096 | ||||||||||
| Wesco Aircraft Holdings, Inc.(1) | 9.00 | 11/15/26 | 8,000 | 780 | ||||||||||
| 347,625 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.5% | ||||||||||||||
| VistaJet Malta Finance PLC/XO Management Holding, Inc.(1) | 6.38 | 02/01/30 | 65,000 | 56,305 | ||||||||||
| VistaJet Malta Finance PLC/XO Management Holding, Inc.(1) | 7.88 | 05/01/27 | 45,000 | 42,797 | ||||||||||
| 99,102 | ||||||||||||||
| ELECTRIC – 0.2% | ||||||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 55,000 | 49,956 | ||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.1% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 20,000 | 18,762 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.13 | 06/15/25 | 108,000 | 109,992 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 95,000 | 97,644 | ||||||||||
| 226,398 | ||||||||||||||
| ELECTRONICS – 0.1% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 33,000 | 29,086 | ||||||||||
| ENERGY-ALTERNATE SOURCES – 0.2% | ||||||||||||||
| Enviva Partners LP/Enviva Partners Finance Corp.(1) | 6.50 | 01/15/26 | 55,000 | 46,969 | ||||||||||
| ENGINEERING & CONSTRUCTION – 2.8% | ||||||||||||||
| AECOM | 5.13 | 03/15/27 | 72,000 | 70,634 | ||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 30,000 | 27,365 | ||||||||||
| Artera Services LLC(1) | 9.03 | 12/04/25 | 72,000 | 61,938 | ||||||||||
| Brand Industrial Services, Inc.(1) | 8.50 | 07/15/25 | 72,000 | 67,459 | ||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 6.00 | 02/01/26 | 25,000 | 23,526 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 35,000 | 31,986 | ||||||||||
| Fluor Corp. | 3.50 | 12/15/24 | 30,000 | 28,955 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 45,000 | 41,723 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 30,000 | 25,035 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 7.50 | 04/15/32 | 19,000 | 16,348 | ||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 20,000 | 15,751 | ||||||||||
| Promontoria Holding 264 BV(1) | 7.88 | 03/01/27 | 30,000 | 30,362 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 22,000 | 20,911 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 30,000 | 25,924 | ||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 35,000 | 30,127 | ||||||||||
| Tutor Perini Corp.(1) | 6.88 | 05/01/25 | 35,000 | 25,393 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 30,000 | 26,081 | ||||||||||
| 569,518 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
28
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENVIRONMENTAL CONTROL – 3.4% | ||||||||||||||
| Clean Harbors, Inc.(1) | 4.88 | 07/15/27 | $ | 35,000 | $ | 33,930 | ||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 20,000 | 19,245 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 45,000 | 45,962 | ||||||||||
| Covanta Holding Corp.(1) | 4.88 | 12/01/29 | 55,000 | 49,000 | ||||||||||
| Covanta Holding Corp. | 5.00 | 09/01/30 | 23,000 | 20,391 | ||||||||||
| GFL Environmental, Inc.(1) | 3.50 | 09/01/28 | 55,000 | 50,053 | ||||||||||
| GFL Environmental, Inc.(1) | 3.75 | 08/01/25 | 51,000 | 49,366 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 50,000 | 45,686 | ||||||||||
| GFL Environmental, Inc.(1) | 4.25 | 06/01/25 | 35,000 | 34,096 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 45,000 | 40,772 | ||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | 53,000 | 49,380 | ||||||||||
| GFL Environmental, Inc.(1) | 5.13 | 12/15/26 | 35,000 | 34,484 | ||||||||||
| Harsco Corp.(1) | 5.75 | 07/31/27 | 30,000 | 25,370 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 50,000 | 44,036 | ||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | 71,000 | 55,643 | ||||||||||
| Stericycle, Inc.(1) | 3.88 | 01/15/29 | 35,000 | 31,528 | ||||||||||
| Stericycle, Inc.(1) | 5.38 | 07/15/24 | 45,000 | 44,793 | ||||||||||
| Waste Pro USA, Inc.(1) | 5.50 | 02/15/26 | 35,000 | 32,577 | ||||||||||
| 706,312 | ||||||||||||||
| FOOD SERVICE – 1.4% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 04/01/25 | 45,000 | 44,600 | ||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 81,000 | 77,250 | ||||||||||
| Aramark Services, Inc.(1) | 6.38 | 05/01/25 | 105,000 | 105,136 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 30,000 | 26,691 | ||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 47,000 | 31,885 | ||||||||||
| 285,562 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.8% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 20,000 | 17,035 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 50,000 | 43,360 | ||||||||||
| Glatfelter Corp.(1) | 4.75 | 11/15/29 | 33,000 | 23,524 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 62,000 | 51,843 | ||||||||||
| Mercer International, Inc. | 5.50 | 01/15/26 | 20,000 | 19,226 | ||||||||||
| 154,988 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.0% | ||||||||||||||
| Werner FinCo LP/Werner FinCo, Inc.(1) | 8.75 | 07/15/25 | 10,000 | 8,035 | ||||||||||
| HOLDING COMPANIES-DIVERS – 0.1% | ||||||||||||||
| Stena International SA(1) | 6.13 | 02/01/25 | 20,000 | 19,419 | ||||||||||
| HOME BUILDERS – 4.4% | ||||||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 26,000 | 21,737 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 35,000 | 29,036 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 6.63 | 01/15/28 | 10,000 | 9,488 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 35,000 | 32,422 | ||||||||||
| Beazer Homes USA, Inc. | 7.25 | 10/15/29 | 19,000 | 18,143 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 35,000 | 27,400 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 5.00 | 06/15/29 | 20,000 | 15,783 | ||||||||||
The accompanying notes are an integral part of these financial statements.
29
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOME BUILDERS – 4.4% (Continued) | ||||||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | $ | 45,000 | $ | 41,294 | ||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 35,000 | 30,657 | ||||||||||
| Century Communities, Inc. | 6.75 | 06/01/27 | 35,000 | 35,198 | ||||||||||
| Empire Communities Corp.(1) | 7.00 | 12/15/25 | 35,000 | 32,064 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 17,000 | 16,070 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 7.75 | 02/15/26 | 10,000 | 9,873 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 10.50 | 02/15/26 | 25,000 | 25,557 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 23,000 | 19,926 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 30,000 | 28,024 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 19,000 | 19,528 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 22,000 | 22,640 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 17,000 | 13,904 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 20,000 | 17,725 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 30,000 | 28,142 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 47,000 | 41,258 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 35,000 | 32,614 | ||||||||||
| Meritage Homes Corp.(1) | 3.88 | 04/15/29 | 35,000 | 31,557 | ||||||||||
| Meritage Homes Corp. | 5.13 | 06/06/27 | 20,000 | 19,631 | ||||||||||
| Meritage Homes Corp. | 6.00 | 06/01/25 | 30,000 | 30,193 | ||||||||||
| New Home Co., Inc.(1) | 7.25 | 10/15/25 | 20,000 | 18,674 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 35,000 | 31,893 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 20,000 | 17,842 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 33,000 | 30,977 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 33,000 | 32,746 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 35,000 | 34,950 | ||||||||||
| TRI Pointe Group, Inc./TRI Pointe Homes, Inc. | 5.88 | 06/15/24 | 35,000 | 34,970 | ||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 20,000 | 19,246 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 20,000 | 19,657 | ||||||||||
| 890,819 | ||||||||||||||
| INTERNET – 1.4% | ||||||||||||||
| Uber Technologies, Inc.(1) | 4.50 | 08/15/29 | 105,000 | 96,753 | ||||||||||
| Uber Technologies, Inc.(1) | 6.25 | 01/15/28 | 35,000 | 35,353 | ||||||||||
| Uber Technologies, Inc.(1) | 7.50 | 05/15/25 | 70,000 | 71,117 | ||||||||||
| Uber Technologies, Inc.(1) | 7.50 | 09/15/27 | 87,000 | 89,860 | ||||||||||
| 293,083 | ||||||||||||||
| IRON/STEEL – 3.4% | ||||||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 22,000 | 20,303 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 20,000 | 18,018 | ||||||||||
| ATI, Inc. | 5.88 | 12/01/27 | 30,000 | 29,331 | ||||||||||
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP(1) | 8.75 | 07/15/26 | 45,000 | 43,494 | ||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 55,000 | 54,602 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 35,000 | 34,736 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 20,000 | 20,478 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 20,000 | 18,141 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 30,000 | 26,388 | ||||||||||
| Cleveland-Cliffs, Inc. | 5.88 | 06/01/27 | 45,000 | 44,234 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 03/15/26 | 58,000 | 59,062 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 50,000 | 48,662 | ||||||||||
The accompanying notes are an integral part of these financial statements.
30
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| IRON/STEEL – 3.4% (Continued) | ||||||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | $ | 30,000 | $ | 26,325 | ||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 19,000 | 17,028 | ||||||||||
| Commercial Metals Co. | 4.38 | 03/15/32 | 17,000 | 14,726 | ||||||||||
| Infrabuild Australia Pty Ltd.(1) | 12.00 | 10/01/24 | 20,000 | 19,135 | ||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | 45,000 | 45,869 | ||||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 50,000 | 50,487 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 42,000 | 42,780 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 22,000 | 17,078 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 20,000 | 18,934 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 31,000 | 30,493 | ||||||||||
| 700,304 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.5% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | 35,000 | 32,205 | ||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 20,000 | 18,122 | ||||||||||
| Manitowoc Co., Inc.(1) | 9.00 | 04/01/26 | 20,000 | 19,876 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 45,000 | 41,908 | ||||||||||
| 112,111 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 2.2% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 20,000 | 17,931 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 103,000 | 106,219 | ||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 35,000 | 37,097 | ||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/15/28 | 35,000 | 29,453 | ||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 10.13 | 08/01/24 | 20,000 | 19,911 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 33,000 | 29,841 | ||||||||||
| OT Merger Corp.(1) | 7.88 | 10/15/29 | 17,000 | 10,066 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 38,000 | 31,864 | ||||||||||
| Titan Acquisition Ltd./Titan Co.-Borrower LLC(1) | 7.75 | 04/15/26 | 50,000 | 44,566 | ||||||||||
| TK Elevator Holdco GmbH(1) | 7.63 | 07/15/28 | 30,000 | 26,867 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 110,000 | 102,961 | ||||||||||
| 456,776 | ||||||||||||||
| MEDIA – 0.2% | ||||||||||||||
| Cengage Learning, Inc.(1) | 9.50 | 06/15/24 | 35,000 | 35,046 | ||||||||||
| METAL FABRICATE/HARDWARE – 0.6% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 20,000 | 19,154 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 45,000 | 44,563 | ||||||||||
| Interpipe Holdings PLC(1) | 8.38 | 05/13/26 | 20,000 | 10,151 | ||||||||||
| Park-Ohio Industries, Inc. | 6.63 | 04/15/27 | 20,000 | 15,984 | ||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 35,000 | 31,791 | ||||||||||
| 121,643 | ||||||||||||||
| MINING – 5.5% | ||||||||||||||
| Arconic Corp.(1) | 6.00 | 05/15/25 | 50,000 | 49,836 | ||||||||||
| Arconic Corp.(1) | 6.13 | 02/15/28 | 61,000 | 60,259 | ||||||||||
| Century Aluminum Co.(1) | 7.50 | 04/01/28 | 20,000 | 18,906 | ||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 23,000 | 18,989 | ||||||||||
| Compass Minerals International, Inc.(1) | 4.88 | 07/15/24 | 10,000 | 9,906 | ||||||||||
The accompanying notes are an integral part of these financial statements.
31
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MINING – 5.5% (Continued) | ||||||||||||||
| Compass Minerals International, Inc.(1) | 6.75 | 12/01/27 | $ | 44,000 | $ | 42,240 | ||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 36,000 | 31,018 | ||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | 20,000 | 19,228 | ||||||||||
| Constellium SE(1) | 5.88 | 02/15/26 | 20,000 | 19,926 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 38,000 | 35,375 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.38 | 04/01/31 | 105,000 | 91,332 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.50 | 09/15/27 | 45,000 | 42,816 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.13 | 05/15/24 | 55,000 | 54,731 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.88 | 04/15/30 | 50,000 | 48,537 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 6.13 | 04/15/32 | 55,000 | 53,299 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 38,000 | 38,050 | ||||||||||
| Hudbay Minerals, Inc.(1) | 4.50 | 04/01/26 | 42,000 | 39,151 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 45,000 | 42,130 | ||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 33,000 | 26,100 | ||||||||||
| JW Aluminum Continuous Cast Co.(1) | 10.25 | 06/01/26 | 17,000 | 17,059 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 41,000 | 32,543 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 35,000 | 30,941 | ||||||||||
| New Gold, Inc.(1) | 7.50 | 07/15/27 | 33,000 | 31,841 | ||||||||||
| Nickel Industries Ltd.(1) | 6.50 | 04/01/24 | 15,000 | 14,663 | ||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 55,000 | 50,411 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 52,000 | 43,620 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 113,000 | 102,422 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 6.50 | 10/07/25 | 35,000 | 34,081 | ||||||||||
| Taseko Mines Ltd.(1) | 7.00 | 02/15/26 | 33,000 | 30,475 | ||||||||||
| 1,129,885 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 1.6% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 30,000 | 27,323 | ||||||||||
| Amsted Industries, Inc.(1) | 5.63 | 07/01/27 | 32,000 | 31,415 | ||||||||||
| EnPro Industries, Inc. | 5.75 | 10/15/26 | 30,000 | 29,443 | ||||||||||
| FXI Holdings, Inc.(1) | 7.88 | 11/01/24 | 35,000 | 31,837 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 53,000 | 47,424 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 20,000 | 17,118 | ||||||||||
| Hillenbrand, Inc. | 5.00 | 09/15/26 | 30,000 | 29,220 | ||||||||||
| Hillenbrand, Inc. | 5.75 | 06/15/25 | 30,000 | 29,959 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 50,000 | 44,052 | ||||||||||
| Trinity Industries, Inc. | 4.55 | 10/01/24 | 30,000 | 29,285 | ||||||||||
| 317,076 | ||||||||||||||
| OFFICE FURNISHINGS – 0.2% | ||||||||||||||
| Interface, Inc.(1) | 5.50 | 12/01/28 | 17,000 | 13,645 | ||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 33,000 | 29,416 | ||||||||||
| 43,061 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 35,000 | 26,969 | ||||||||||
| Pitney Bowes, Inc.(1) | 7.25 | 03/15/29 | 20,000 | 14,721 | ||||||||||
| 41,690 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
32
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 10.7% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | $ | 45,000 | $ | 39,454 | ||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 65,000 | 53,018 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 45,000 | 44,820 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 4.13 | 08/15/26 | 85,000 | 80,204 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 04/30/25 | 53,000 | 52,203 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 56,000 | 47,956 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 71,000 | 60,801 | ||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 90,000 | 75,481 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 60,000 | 50,025 | ||||||||||
| Ball Corp. | 4.88 | 03/15/26 | 55,000 | 54,548 | ||||||||||
| Ball Corp. | 5.25 | 07/01/25 | 70,000 | 70,042 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 55,000 | 57,251 | ||||||||||
| Berry Global, Inc.(1) | 4.50 | 02/15/26 | 20,000 | 19,409 | ||||||||||
| Berry Global, Inc.(1) | 5.63 | 07/15/27 | 35,000 | 34,524 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 35,000 | 33,250 | ||||||||||
| Clearwater Paper Corp.(1) | 4.75 | 08/15/28 | 20,000 | 17,955 | ||||||||||
| Clearwater Paper Corp.(1) | 5.38 | 02/01/25 | 20,000 | 19,623 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 35,000 | 34,387 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 76,000 | 70,012 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 34,000 | 33,111 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp. V | 4.25 | 09/30/26 | 45,000 | 43,146 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp. VI | 4.75 | 02/01/26 | 55,000 | 53,981 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 20,000 | 21,050 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 34,000 | 29,623 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 45,000 | 40,839 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/01/29 | 20,000 | 17,789 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 30,000 | 26,850 | ||||||||||
| Graphic Packaging International LLC | 4.13 | 08/15/24 | 20,000 | 19,746 | ||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | 17,000 | 16,421 | ||||||||||
| Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC(1) | 6.00 | 09/15/28 | 50,000 | 41,686 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 08/15/26 | 195,000 | 197,986 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 100,000 | 95,017 | ||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 35,000 | 32,174 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.38 | 08/15/25 | 25,000 | 25,500 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 50,000 | 50,244 | ||||||||||
| Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc.(1) | 4.38 | 10/15/28 | 45,000 | 39,670 | ||||||||||
| Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC(1) | 4.00 | 10/15/27 | 65,000 | 58,582 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 35,000 | 32,761 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 30,000 | 28,786 | ||||||||||
| Sealed Air Corp.(1) | 5.13 | 12/01/24 | 30,000 | 29,813 | ||||||||||
| Sealed Air Corp.(1) | 5.50 | 09/15/25 | 23,000 | 23,050 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 30,000 | 31,900 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 57,000 | 57,913 | ||||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 45,000 | 42,123 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 6.63 | 11/01/25 | 20,000 | 20,012 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 9.25 | 08/01/24 | 25,000 | 25,595 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 28,000 | 24,952 | ||||||||||
The accompanying notes are an integral part of these financial statements.
33
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 10.7% (Continued) | ||||||||||||||
| Trivium Packaging Finance BV(1) | 5.50 | 08/15/26 | $ | 72,000 | $ | 69,966 | ||||||||
| Trivium Packaging Finance BV(1) | 8.50 | 08/15/27 | 50,000 | 48,342 | ||||||||||
| 2,193,591 | ||||||||||||||
| RETAIL – 3.0% | ||||||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.13 | 05/15/29 | 29,000 | 25,401 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.50 | 11/15/26 | 20,000 | 18,970 | ||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 17,000 | 14,210 | ||||||||||
| Foundation Building Materials, Inc.(1) | 6.00 | 03/01/29 | 33,000 | 26,403 | ||||||||||
| GYP Holdings III Corp.(1) | 4.63 | 05/01/29 | 20,000 | 17,674 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 55,000 | 43,866 | ||||||||||
| Park River Holdings, Inc.(1) | 5.63 | 02/01/29 | 20,000 | 14,667 | ||||||||||
| Park River Holdings, Inc.(1) | 6.75 | 08/01/29 | 20,000 | 14,637 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 30,000 | 26,131 | ||||||||||
| Patrick Industries, Inc.(1) | 7.50 | 10/15/27 | 20,000 | 19,681 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 6.38 | 09/30/26 | 55,000 | 49,984 | ||||||||||
| SRS Distribution, Inc.(1) | 4.63 | 07/01/28 | 48,000 | 42,325 | ||||||||||
| SRS Distribution, Inc.(1) | 6.00 | 12/01/29 | 60,000 | 48,949 | ||||||||||
| SRS Distribution, Inc.(1) | 6.13 | 07/01/29 | 30,000 | 24,781 | ||||||||||
| Staples, Inc.(1) | 7.50 | 04/15/26 | 140,000 | 118,227 | ||||||||||
| Staples, Inc.(1) | 10.75 | 04/15/27 | 70,000 | 47,470 | ||||||||||
| TPro Acquisition Corp.(1) | 11.00 | 10/15/24 | 20,000 | 20,011 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 50,000 | 43,409 | ||||||||||
| 616,796 | ||||||||||||||
| SOFTWARE – 1.0% | ||||||||||||||
| Camelot Finance SA(1) | 4.50 | 11/01/26 | 50,000 | 47,417 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 68,000 | 61,269 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 65,000 | 58,616 | ||||||||||
| Dun & Bradstreet Corp.(1) | 5.00 | 12/15/29 | 33,000 | 29,006 | ||||||||||
| 196,308 | ||||||||||||||
| TELECOMMUNICATIONS – 0.2% | ||||||||||||||
| Maxar Technologies, Inc.(1) | 7.75 | 06/15/27 | 35,000 | 37,137 | ||||||||||
| TRANSPORTATION – 1.1% | ||||||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 17,000 | 12,507 | ||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 10,000 | 9,906 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 50,000 | 43,389 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 60,000 | 54,424 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 6.50 | 06/15/27 | 45,000 | 43,686 | ||||||||||
| Western Global Airlines LLC(1) | 10.38 | 08/15/25 | 30,000 | 3,927 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 20,000 | 18,351 | ||||||||||
| XPO Escrow Sub LLC(1) | 7.50 | 11/15/27 | 30,000 | 30,779 | ||||||||||
| 216,969 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $19,984,226) | 20,017,507 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
34
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.9% | ||||||||||||||
| TIME DEPOSITS – 0.9% | ||||||||||||||
| BBVA, Madrid | 4.18 | 05/01/23 | $ | 192,239 | $ | 192,239 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $192,239) | 192,239 | |||||||||||||
| TOTAL INVESTMENTS – 98.6% (Cost - $20,176,464) | $ | 20,209,746 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.4% | 280,921 | |||||||||||||
| NET ASSETS – 100.0% | $ | 20,490,667 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at 4/30/2023, amounts to $16,541,438 and represents 80.7% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
35
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| CORPORATE BONDS – 96.5% | ||||||||||||||
| ADVERTISING – 2.9% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 30,000 | $ | 23,371 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 5.13 | 08/15/27 | 50,000 | 45,232 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | 40,000 | 29,636 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 60,000 | 45,595 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 12/15/27 | 42,000 | 32,614 | ||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | 22,000 | 18,976 | ||||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 22,000 | 20,258 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 40,000 | 35,923 | ||||||||||
| National CineMedia LLC(1),(2) | 5.88 | 04/15/28 | 2,000 | 723 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 47,000 | 40,904 | ||||||||||
| 293,232 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 1.6% | ||||||||||||||
| Clarios Global LP(1) | 6.75 | 05/15/25 | 50,000 | 50,141 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.25 | 05/15/26 | 36,000 | 35,874 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 40,000 | 40,201 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 8.50 | 05/15/27 | 40,000 | 40,309 | ||||||||||
| 166,525 | ||||||||||||||
| COMMERCIAL SERVICES – 0.4% | ||||||||||||||
| Cimpress PLC | 7.00 | 06/15/26 | 27,000 | 22,643 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 20,000 | 15,468 | ||||||||||
| 38,111 | ||||||||||||||
| COMPUTERS – 5.8% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 2,000 | 1,672 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 30,000 | 26,131 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 83,000 | 68,978 | ||||||||||
| NCR Corp.(1) | 5.13 | 04/15/29 | 47,000 | 40,707 | ||||||||||
| NCR Corp.(1) | 5.25 | 10/01/30 | 30,000 | 25,253 | ||||||||||
| NCR Corp.(1) | 5.75 | 09/01/27 | 40,000 | 39,307 | ||||||||||
| NCR Corp.(1) | 6.13 | 09/01/29 | 20,000 | 19,631 | ||||||||||
| Presidio Holdings, Inc.(1) | 4.88 | 02/01/27 | 45,000 | 42,675 | ||||||||||
| Presidio Holdings, Inc.(1) | 8.25 | 02/01/28 | 2,000 | 1,885 | ||||||||||
| Seagate HDD Cayman | 4.09 | 06/01/29 | 2,000 | 1,737 | ||||||||||
| Seagate HDD Cayman | 4.13 | 01/15/31 | 42,000 | 34,901 | ||||||||||
| Seagate HDD Cayman | 4.75 | 01/01/25 | 25,000 | 24,340 | ||||||||||
| Seagate HDD Cayman | 4.88 | 06/01/27 | 20,000 | 19,173 | ||||||||||
| Seagate HDD Cayman | 5.75 | 12/01/34 | 15,000 | 13,332 | ||||||||||
| Seagate HDD Cayman(1) | 9.63 | 12/01/32 | 17,800 | 19,539 | ||||||||||
| Unisys Corp.(1) | 6.88 | 11/01/27 | 20,000 | 13,339 | ||||||||||
| Vericast Corp.(1) | 11.00 | 09/15/26 | 67,000 | 71,271 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 17,000 | 13,703 | ||||||||||
| Western Digital Corp. | 3.10 | 02/01/32 | 40,000 | 29,067 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 93,000 | 88,489 | ||||||||||
| 595,130 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
36
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| ELECTRONICS – 2.6% | ||||||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | $ | 37,000 | $ | 33,349 | ||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 85,000 | 73,700 | ||||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 40,000 | 36,195 | ||||||||||
| Sensata Technologies BV(1) | 5.00 | 10/01/25 | 50,000 | 49,302 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 20,000 | 19,660 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 30,000 | 26,095 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 15,000 | 13,686 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 20,000 | 17,156 | ||||||||||
| 269,143 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.9% | ||||||||||||||
| ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Par(1) | 4.05 | 04/27/26 | 20,000 | 17,108 | ||||||||||
| Cellnex Finance Co. SA(1) | 3.88 | 07/07/41 | 25,000 | 18,619 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.00 | 12/18/25 | 37,000 | 34,938 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 20,000 | 18,721 | ||||||||||
| 89,386 | ||||||||||||||
| ENTERTAINMENT – 1.2% | ||||||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 20,000 | 10,734 | ||||||||||
| Banijay Entertainment SASU(1) | 5.38 | 03/01/25 | 20,000 | 19,525 | ||||||||||
| Lions Gate Capital Holdings LLC(1) | 5.50 | 04/15/29 | 37,000 | 26,993 | ||||||||||
| WMG Acquisition Corp.(1) | 3.00 | 02/15/31 | 50,000 | 40,977 | ||||||||||
| WMG Acquisition Corp.(1) | 3.75 | 12/01/29 | 24,000 | 21,142 | ||||||||||
| 119,371 | ||||||||||||||
| INTERNET – 5.3% | ||||||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 20,000 | 15,675 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 60,000 | 51,704 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 30,000 | 25,068 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 20,000 | 18,864 | ||||||||||
| Cogent Communications Group, Inc.(1) | 3.50 | 05/01/26 | 22,000 | 20,474 | ||||||||||
| Cogent Communications Group, Inc.(1) | 7.00 | 06/15/27 | 20,000 | 19,819 | ||||||||||
| Gen Digital, Inc.(1) | 5.00 | 04/15/25 | 57,000 | 56,438 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 35,000 | 35,316 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 25,000 | 25,137 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 25,000 | 21,688 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 35,000 | 33,666 | ||||||||||
| ION Trading Technologies Sarl(1) | 5.75 | 05/15/28 | 20,000 | 16,756 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 37,000 | 30,269 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 33,000 | 30,485 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 25,000 | 23,589 | ||||||||||
| Millennium Escrow Corp.(1) | 6.63 | 08/01/26 | 30,000 | 20,321 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 30,000 | 20,632 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 4.75 | 04/30/27 | 25,000 | 21,710 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 6.00 | 02/15/28 | 10,000 | 7,459 | ||||||||||
| TripAdvisor, Inc.(1) | 7.00 | 07/15/25 | 25,000 | 25,185 | ||||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 20,000 | 17,593 | ||||||||||
| 537,848 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
37
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.3% | ||||||||||||||
| Vertiv Group Corp.(1) | 4.13 | 11/15/28 | $ | 35,000 | $ | 31,628 | ||||||||
| MEDIA – 38.5% | ||||||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 55,000 | 44,590 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 77,000 | 61,489 | ||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 52,000 | 36,081 | ||||||||||
| AMC Networks, Inc. | 4.75 | 08/01/25 | 32,000 | 29,725 | ||||||||||
| Audacy Capital Corp.(1) | 6.75 | 03/31/29 | 22,000 | 1,670 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 30,000 | 24,423 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 120,000 | 98,414 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 83,000 | 63,317 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 112,000 | 94,170 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 114,000 | 91,407 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 87,000 | 69,351 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 120,000 | 103,412 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 65,000 | 53,858 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 117,000 | 108,350 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 132,000 | 124,752 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 96,000 | 88,154 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 31,000 | 30,475 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 45,000 | 42,807 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 20,000 | 19,612 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 40,000 | 27,524 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 27,000 | 19,410 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 75,000 | 52,616 | ||||||||||
| CSC Holdings LLC(1) | 4.63 | 12/01/30 | 97,000 | 47,446 | ||||||||||
| CSC Holdings LLC(1) | 5.00 | 11/15/31 | 25,000 | 12,021 | ||||||||||
| CSC Holdings LLC | 5.25 | 06/01/24 | 22,000 | 21,479 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 30,000 | 24,646 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 70,000 | 59,947 | ||||||||||
| CSC Holdings LLC(1) | 5.75 | 01/15/30 | 92,000 | 47,034 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 70,000 | 58,525 | ||||||||||
| CSC Holdings LLC(1) | 7.50 | 04/01/28 | 65,000 | 40,704 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 45,000 | 44,891 | ||||||||||
| Cumulus Media New Holdings, Inc.(1) | 6.75 | 07/01/26 | 20,000 | 14,676 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 150,000 | 131,800 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 60,000 | 27,730 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 110,000 | 84,228 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 100,000 | 71,278 | ||||||||||
| DISH DBS Corp. | 5.88 | 11/15/24 | 80,000 | 66,290 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 42,000 | 21,086 | ||||||||||
| DISH DBS Corp. | 7.75 | 07/01/26 | 82,000 | 47,468 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 165,000 | 156,049 | ||||||||||
| Gannett Holdings LLC(1) | 6.00 | 11/01/26 | 17,000 | 14,394 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 25,000 | 21,398 | ||||||||||
| Gray Escrow II, Inc.(1) | 5.38 | 11/15/31 | 32,000 | 20,545 | ||||||||||
| Gray Television, Inc.(1) | 4.75 | 10/15/30 | 57,000 | 36,880 | ||||||||||
The accompanying notes are an integral part of these financial statements.
38
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| MEDIA – 38.5% (Continued) | ||||||||||||||
| Gray Television, Inc.(1) | 5.88 | 07/15/26 | $ | 25,000 | $ | 21,277 | ||||||||
| Gray Television, Inc.(1) | 7.00 | 05/15/27 | 30,000 | 24,334 | ||||||||||
| iHeartCommunications, Inc.(1) | 5.25 | 08/15/27 | 69,000 | 54,591 | ||||||||||
| iHeartCommunications, Inc. | 6.38 | 05/01/26 | 20,000 | 17,190 | ||||||||||
| iHeartCommunications, Inc. | 8.38 | 05/01/27 | 38,000 | 25,112 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 20,000 | 17,153 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 70,000 | 66,588 | ||||||||||
| Liberty Interactive LLC | 8.25 | 02/01/30 | 20,000 | 6,052 | ||||||||||
| Liberty Interactive LLC | 8.50 | 07/15/29 | 20,000 | 6,300 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 60,000 | 53,347 | ||||||||||
| News Corp.(1) | 3.88 | 05/15/29 | 40,000 | 35,550 | ||||||||||
| News Corp.(1) | 5.13 | 02/15/32 | 20,000 | 18,437 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 55,000 | 48,395 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 58,000 | 54,532 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 25,000 | 19,460 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 42,000 | 36,073 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 4.50 | 09/15/26 | 27,000 | 21,041 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 6.50 | 09/15/28 | 52,000 | 24,310 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 20,000 | 13,918 | ||||||||||
| Scripps Escrow, Inc.(1) | 5.88 | 07/15/27 | 40,000 | 28,738 | ||||||||||
| Sinclair Television Group, Inc.(1) | 4.13 | 12/01/30 | 22,000 | 17,521 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.13 | 02/15/27 | 15,000 | 12,896 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 25,000 | 19,338 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.13 | 09/01/26 | 48,000 | 43,009 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.88 | 09/01/31 | 50,000 | 37,840 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.00 | 07/15/28 | 85,000 | 71,854 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.13 | 07/01/30 | 70,000 | 56,225 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.00 | 08/01/27 | 70,000 | 64,467 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.50 | 07/01/29 | 52,000 | 46,378 | ||||||||||
| Spanish Broadcasting System, Inc.(1) | 9.75 | 03/01/26 | 17,000 | 11,175 | ||||||||||
| TEGNA, Inc.(1) | 4.75 | 03/15/26 | 7,000 | 6,692 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 10,000 | 8,765 | ||||||||||
| Townsquare Media, Inc.(1) | 6.88 | 02/01/26 | 20,000 | 18,668 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 52,000 | 44,864 | ||||||||||
| Univision Communications, Inc.(1) | 5.13 | 02/15/25 | 47,000 | 46,340 | ||||||||||
| Univision Communications, Inc.(1) | 6.63 | 06/01/27 | 75,000 | 72,313 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 25,000 | 24,014 | ||||||||||
| UPC Broadband FinCo. BV(1) | 4.88 | 07/15/31 | 66,000 | 57,022 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 30,000 | 27,277 | ||||||||||
| Videotron Ltd.(1) | 3.63 | 06/15/29 | 20,000 | 17,315 | ||||||||||
| Videotron Ltd.(1) | 5.13 | 04/15/27 | 30,000 | 28,995 | ||||||||||
| Videotron Ltd.(1) | 5.38 | 06/15/24 | 22,000 | 21,989 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 37,000 | 31,213 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 75,000 | 68,933 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 52,000 | 43,452 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 70,000 | 56,945 | ||||||||||
| Ziggo Bond Co. BV(1) | 6.00 | 01/15/27 | 20,000 | 18,999 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 7,000 | 6,036 | ||||||||||
| 3,929,055 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
39
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.8% | ||||||||||||||
| Xerox Corp. | 3.80 | 05/15/24 | $ | 15,000 | $ | 14,692 | ||||||||
| Xerox Corp. | 4.80 | 03/01/35 | 27,000 | 17,842 | ||||||||||
| Xerox Holdings Corp.(1) | 5.00 | 08/15/25 | 20,000 | 19,081 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 40,000 | 34,527 | ||||||||||
| 86,142 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.9% | ||||||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 55,000 | 50,841 | ||||||||||
| LABL, Inc.(1) | 6.75 | 07/15/26 | 25,000 | 24,802 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 20,000 | 19,029 | ||||||||||
| 94,672 | ||||||||||||||
| SEMICONDUCTORS – 2.0% | ||||||||||||||
| Amkor Technology, Inc.(1) | 6.63 | 09/15/27 | 25,000 | 25,063 | ||||||||||
| ams-OSRAM AG(1) | 7.00 | 07/31/25 | 20,000 | 18,703 | ||||||||||
| Entegris Escrow Corp.(1) | 4.75 | 04/15/29 | 80,000 | 74,497 | ||||||||||
| Entegris Escrow Corp.(1) | 5.95 | 06/15/30 | 42,000 | 39,966 | ||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 10,000 | 8,575 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 30,000 | 27,037 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 20,000 | 16,922 | ||||||||||
| 210,763 | ||||||||||||||
| SOFTWARE – 9.0% | ||||||||||||||
| Alteryx, Inc.(1) | 8.75 | 03/15/28 | 20,000 | 19,468 | ||||||||||
| Boxer Parent Co., Inc.(1) | 7.13 | 10/02/25 | 22,000 | 21,961 | ||||||||||
| Boxer Parent Co., Inc.(1) | 9.13 | 03/01/26 | 20,000 | 19,587 | ||||||||||
| Castle US Holding Corp.(1) | 9.50 | 02/15/28 | 20,000 | 12,776 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 30,000 | 29,735 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 163,000 | 146,983 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 160,000 | 137,634 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 25,000 | 21,653 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 29,000 | 27,058 | ||||||||||
| Fair Isaac Corp.(1) | 5.25 | 05/15/26 | 25,000 | 24,626 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 4.63 | 05/01/28 | 20,000 | 16,837 | ||||||||||
| MicroStrategy, Inc.(1) | 6.13 | 06/15/28 | 20,000 | 18,097 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 40,000 | 35,514 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 32,000 | 26,934 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 35,000 | 29,940 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 25,000 | 20,720 | ||||||||||
| PTC, Inc.(1) | 3.63 | 02/15/25 | 17,000 | 16,420 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 25,000 | 23,282 | ||||||||||
| Rackspace Technology Global, Inc.(1) | 3.50 | 02/15/28 | 20,000 | 8,321 | ||||||||||
| Rackspace Technology Global, Inc.(1) | 5.38 | 12/01/28 | 38,000 | 9,056 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 42,000 | 35,499 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 20,000 | 16,622 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 85,000 | 82,388 | ||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | 23,000 | 19,664 | ||||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 18,000 | 15,060 | ||||||||||
| Veritas US, Inc./Veritas Bermuda Ltd.(1) | 7.50 | 09/01/25 | 72,000 | 54,706 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 30,000 | 25,896 | ||||||||||
| 916,437 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
40
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| TELECOMMUNICATIONS – 24.3% | ||||||||||||||
| Altice France Holding SA(1) | 6.00 | 02/15/28 | $ | 35,000 | $ | 21,589 | ||||||||
| Altice France Holding SA(1) | 10.50 | 05/15/27 | 40,000 | 29,579 | ||||||||||
| Altice France SA/France(1) | 5.13 | 07/15/29 | 137,000 | 101,414 | ||||||||||
| Altice France SA/France(1) | 5.50 | 01/15/28 | 25,000 | 19,706 | ||||||||||
| Altice France SA/France(1) | 5.50 | 10/15/29 | 93,000 | 69,702 | ||||||||||
| Altice France SA/France(1) | 8.13 | 02/01/27 | 107,000 | 95,640 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 37,000 | 29,473 | ||||||||||
| C&W Senior Financing DAC(1) | 6.88 | 09/15/27 | 32,000 | 28,036 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 20,000 | 17,593 | ||||||||||
| CommScope Technologies LLC(1) | 5.00 | 03/15/27 | 27,000 | 18,688 | ||||||||||
| CommScope Technologies LLC(1) | 6.00 | 06/15/25 | 40,000 | 37,652 | ||||||||||
| CommScope, Inc.(1) | 4.75 | 09/01/29 | 40,000 | 32,338 | ||||||||||
| CommScope, Inc.(1) | 6.00 | 03/01/26 | 75,000 | 71,741 | ||||||||||
| CommScope, Inc.(1) | 7.13 | 07/01/28 | 40,000 | 28,745 | ||||||||||
| CommScope, Inc.(1) | 8.25 | 03/01/27 | 42,000 | 32,514 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 6.75 | 10/01/26 | 85,000 | 81,122 | ||||||||||
| Consolidated Communications, Inc.(1) | 5.00 | 10/01/28 | 25,000 | 18,352 | ||||||||||
| Consolidated Communications, Inc.(1) | 6.50 | 10/01/28 | 22,000 | 17,215 | ||||||||||
| Embarq Corp. | 8.00 | 06/01/36 | 95,000 | 40,955 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 115,000 | 101,101 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 55,000 | 50,677 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 40,000 | 30,464 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 40,000 | 30,638 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 15,000 | 12,088 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 30,000 | 29,263 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 37,000 | 36,635 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 09/01/27 | 32,000 | 18,048 | ||||||||||
| Hughes Satellite Systems Corp. | 5.25 | 08/01/26 | 30,000 | 28,724 | ||||||||||
| Hughes Satellite Systems Corp. | 6.63 | 08/01/26 | 30,000 | 28,380 | ||||||||||
| Iliad Holding SASU(1) | 6.50 | 10/15/26 | 50,000 | 48,155 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 10/15/28 | 35,000 | 33,150 | ||||||||||
| Intelsat Jackson Holdings SA(1) | 6.50 | 03/15/30 | 120,000 | 111,037 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.40 | 03/01/27 | 5,000 | 3,917 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 15,000 | 8,403 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 52,000 | 29,311 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 11/15/29 | 10,000 | 7,312 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.25 | 07/01/28 | 82,000 | 47,896 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.63 | 09/15/27 | 73,000 | 45,164 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 05/15/30 | 47,000 | 45,042 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.00 | 02/15/27 | 73,000 | 48,830 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 7,000 | 2,985 | ||||||||||
| Lumen Technologies, Inc.(1) | 5.13 | 12/15/26 | 10,000 | 6,607 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 7,000 | 2,694 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 60,000 | 46,491 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 11,700 | 10,498 | ||||||||||
| Qwest Corp. | 7.25 | 09/15/25 | 15,000 | 13,338 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 40,000 | 36,182 | ||||||||||
| Sable International Finance Ltd.(1) | 5.75 | 09/07/27 | 35,000 | 33,035 | ||||||||||
The accompanying notes are an integral part of these financial statements.
41
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
Rate (%) | Maturity | Face | Value | |||||||||||
| TELECOMMUNICATIONS – 24.3% (Continued) | ||||||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | $ | 37,000 | $ | 31,594 | ||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 40,000 | 35,818 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 50,000 | 45,251 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 35,000 | 32,763 | ||||||||||
| Telecom Italia SpA/Milano(1) | 5.30 | 05/30/24 | 61,000 | 59,649 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 4.88 | 06/01/27 | 20,000 | 10,724 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 5.63 | 12/06/26 | 15,000 | 8,392 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 6.50 | 10/15/27 | 15,000 | 5,407 | ||||||||||
| United States Cellular Corp. | 6.70 | 12/15/33 | 25,000 | 22,783 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 09/15/25 | 10,000 | 9,560 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 55,000 | 51,068 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 20,000 | 16,724 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 97,000 | 80,514 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 55,000 | 46,930 | ||||||||||
| Vodafone Group PLC | 3.25 | 06/04/81 | 19,000 | 16,648 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 42,000 | 34,022 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 40,000 | 30,358 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 80,000 | 82,135 | ||||||||||
| Windstream Escrow LLC/Windstream Escrow Finance Corp.(1) | 7.75 | 08/15/28 | 60,000 | 49,475 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 4.00 | 03/01/27 | 30,000 | 22,747 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 6.13 | 03/01/28 | 82,000 | 52,505 | ||||||||||
| 2,483,186 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $10,143,689) | 9,860,629 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.4% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 1.0% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 05/18/23 | 100,000 | 99,795 | ||||||||||
| TIME DEPOSITS – 0.4% | ||||||||||||||
| Sumitomo, Tokyo | 4.18 | 05/01/23 | 43,438 | 43,438 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $143,232) | 143,233 | |||||||||||||
| TOTAL INVESTMENTS – 97.9% (Cost - $10,286,921) | $ | 10,003,862 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 2.1% | 210,755 | |||||||||||||
| NET ASSETS – 100.0% | $ | 10,214,617 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $8,522,256 and represents 83.4% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. | |
| (2) | Defaulted security. Security has not paid its last interest payment and/or interest is not being accrued. |
The accompanying notes are an integral part of these financial statements.
42
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.9% | ||||||||||||||
| BIOTECHNOLOGY – 0.9% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | $ | 38,000 | $ | 20,199 | ||||||||
| Grifols Escrow Issuer SA(1) | 4.75 | 10/15/28 | 48,000 | 38,537 | ||||||||||
| 58,736 | ||||||||||||||
| COMMERCIAL SERVICES – 6.9% | ||||||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 20,000 | 17,624 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.63 | 10/01/27 | 40,000 | 37,355 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 28,000 | 23,233 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.50 | 09/01/28 | 68,000 | 52,051 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 11/01/28 | 80,000 | 50,675 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 60,000 | 50,897 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 58,000 | 51,186 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 28,000 | 27,210 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 61,000 | 58,865 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 28,000 | 23,155 | ||||||||||
| Verscend Escrow Corp.(1) | 9.75 | 08/15/26 | 75,000 | 75,789 | ||||||||||
| 468,040 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 11.8% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 55,000 | 48,511 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 112,000 | 104,890 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 34,000 | 29,367 | ||||||||||
| Garden Spinco Corp.(1) | 8.63 | 07/20/30 | 25,000 | 26,948 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 65,000 | 58,509 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 28,000 | 27,264 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 320,000 | 280,273 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 175,000 | 151,541 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 33,000 | 30,980 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 40,000 | 38,563 | ||||||||||
| 796,846 | ||||||||||||||
| HEALTHCARE-SERVICES – 50.9% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 28,000 | 26,532 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 38,000 | 36,732 | ||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 20,000 | 17,100 | ||||||||||
| Air Methods Corp.(1) | 8.00 | 05/15/25 | 43,000 | 2,805 | ||||||||||
| Akumin Escrow, Inc.(1) | 7.50 | 08/01/28 | 25,000 | 17,580 | ||||||||||
| Akumin, Inc.(1) | 7.00 | 11/01/25 | 35,000 | 27,838 | ||||||||||
| Cano Health LLC(1) | 6.25 | 10/01/28 | 20,000 | 10,727 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.13 | 02/15/29 | 38,000 | 32,377 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.50 | 04/01/30 | 41,000 | 34,803 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 5.00 | 07/15/27 | 40,000 | 38,462 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 40,000 | 35,137 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 38,000 | 33,147 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 28,000 | 25,529 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | 73,000 | 58,958 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 107,000 | 89,281 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.63 | 03/15/27 | 133,000 | 122,902 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 61,000 | 54,126 | ||||||||||
The accompanying notes are an integral part of these financial statements.
43
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 50.9% (Continued) | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | $ | 82,000 | $ | 58,435 | ||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/01/28 | 58,000 | 42,895 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 105,000 | 77,795 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 03/15/26 | 148,000 | 146,877 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 12/15/27 | 48,000 | 47,614 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 102,000 | 82,230 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 198,000 | 172,650 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 60,000 | 56,654 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 25,000 | 22,440 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 55,000 | 50,787 | ||||||||||
| Encompass Health Corp. | 5.75 | 09/15/25 | 27,000 | 26,971 | ||||||||||
| Envision Healthcare Corp.(1) | 8.75 | 10/15/26 | 72,000 | 2,020 | ||||||||||
| Global Medical Response, Inc.(1) | 6.50 | 10/01/25 | 40,000 | 24,643 | ||||||||||
| Hadrian Merger Sub, Inc.(1) | 8.50 | 05/01/26 | 25,000 | 21,469 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 40,000 | 35,818 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 10/15/26 | 73,000 | 71,842 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 80,000 | 78,174 | ||||||||||
| Legacy LifePoint Health LLC(1) | 4.38 | 02/15/27 | 40,000 | 34,090 | ||||||||||
| Legacy LifePoint Health LLC(1) | 6.75 | 04/15/25 | 45,000 | 43,358 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 33,000 | 20,718 | ||||||||||
| ModivCare Escrow Issuer, Inc.(1) | 5.00 | 10/01/29 | 35,000 | 28,262 | ||||||||||
| ModivCare, Inc.(1) | 5.88 | 11/15/25 | 33,000 | 31,565 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 45,000 | 39,736 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 54,000 | 46,332 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 55,000 | 51,626 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 28,000 | 25,602 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 7.25 | 11/01/25 | 60,000 | 54,227 | ||||||||||
| Radiology Partners, Inc.(1) | 9.25 | 02/01/28 | 41,000 | 18,199 | ||||||||||
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.(1) | 9.75 | 12/01/26 | 90,000 | 74,965 | ||||||||||
| RP Escrow Issuer LLC(1) | 5.25 | 12/15/25 | 59,000 | 41,447 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 08/15/26 | 86,000 | 84,326 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 10.00 | 04/15/27 | 2,000 | 2,053 | ||||||||||
| Syneos Health, Inc.(1) | 3.63 | 01/15/29 | 40,000 | 33,464 | ||||||||||
| Team Health Holdings, Inc.(1) | 6.38 | 02/01/25 | 53,000 | 27,397 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 100,000 | 91,835 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 100,000 | 92,005 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 07/15/24 | 48,000 | 47,660 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 09/01/24 | 45,000 | 44,774 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | 40,000 | 37,950 | ||||||||||
| Tenet Healthcare Corp. | 4.88 | 01/01/26 | 148,000 | 145,970 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 105,000 | 102,009 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 175,000 | 169,996 | ||||||||||
| Tenet Healthcare Corp.(1) | 6.13 | 06/15/30 | 140,000 | 138,602 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 108,000 | 107,610 | ||||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 27,000 | 26,485 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 25,000 | 21,969 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 47,000 | 33,194 | ||||||||||
The accompanying notes are an integral part of these financial statements.
44
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 50.9% (Continued) | ||||||||||||||
| US Acute Care Solutions LLC(1) | 6.38 | 03/01/26 | $ | 53,000 | $ | 47,360 | ||||||||
| US Renal Care, Inc.(1) | 10.63 | 07/15/27 | 38,000 | 6,840 | ||||||||||
| 3,454,976 | ||||||||||||||
| PHARMACEUTICALS – 24.7% | ||||||||||||||
| 180 Medical, Inc.(1) | 3.88 | 10/15/29 | 35,000 | 31,206 | ||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 35,000 | 28,395 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 40,000 | 33,136 | ||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | 25,000 | 22,090 | ||||||||||
| Bausch Health Americas, Inc.(1) | 9.25 | 04/01/26 | 65,000 | 52,413 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 115,000 | 75,872 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 02/15/29 | 50,000 | 23,549 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 01/30/30 | 55,000 | 25,914 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 02/15/31 | 35,000 | 16,744 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.50 | 11/01/25 | 125,000 | 109,121 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.75 | 08/15/27 | 40,000 | 27,704 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.13 | 02/01/27 | 80,000 | 57,731 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.25 | 02/15/29 | 65,000 | 29,871 | ||||||||||
| Bausch Health Cos, Inc.(1) | 9.00 | 12/15/25 | 75,000 | 62,855 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 125,000 | 101,406 | ||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 25,000 | 16,125 | ||||||||||
| Cheplapharm Arzneimittel GmbH(1) | 5.50 | 01/15/28 | 35,000 | 31,988 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 53,000 | 51,735 | ||||||||||
| Horizon Therapeutics USA, Inc.(1) | 5.50 | 08/01/27 | 40,000 | 41,125 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 107,000 | 98,443 | ||||||||||
| Lannett Co., Inc.(1) | 7.75 | 04/15/26 | 37,000 | 2,081 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 10.00 | 04/15/25 | 25,000 | 15,250 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 10.00 | 04/15/25 | 35,000 | 29,099 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 10.00 | 06/15/29 | 28,000 | 14,671 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 11.50 | 12/15/28 | 45,000 | 35,467 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 34,000 | 30,602 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 148,000 | 136,330 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 140,000 | 124,883 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 38,000 | 30,519 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 41,000 | 35,720 | ||||||||||
| P&L Development LLC/PLD Finance Corp.(1) | 7.75 | 11/15/25 | 33,000 | 26,435 | ||||||||||
| Perrigo Finance Unlimited Co. | 3.90 | 12/15/24 | 50,000 | 48,423 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.38 | 03/15/26 | 50,000 | 48,154 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.40 | 06/15/30 | 50,000 | 45,206 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 23,000 | 16,743 | ||||||||||
| PRA Health Sciences, Inc.(1) | 2.88 | 07/15/26 | 39,000 | 35,642 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 42,000 | 35,635 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 30,000 | 29,136 | ||||||||||
| 1,677,419 | ||||||||||||||
| SOFTWARE – 2.7% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 166,000 | 136,503 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.00 | 10/15/26 | 20,000 | 18,410 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 35,000 | 30,664 | ||||||||||
| 185,577 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $6,773,866) | 6,641,594 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
45
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| BBVA, Madrid | 4.18 | 05/01/23 | $ | 33,466 | $ | 33,466 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $33,466) | 33,466 | |||||||||||||
| TOTAL INVESTMENTS – 98.4% (Cost - $6,807,332) | $ | 6,675,060 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.6% | 109,248 | |||||||||||||
| NET ASSETS – 100.0% | $ | 6,784,308 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $5,126,303 and represents 75.6% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
46
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| ADVERTISING – 1.4% | ||||||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | $ | 45,000 | $ | 38,583 | ||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 23,000 | 19,439 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 75,000 | 69,341 | ||||||||||
| 127,363 | ||||||||||||||
| BANKS – 10.0% | ||||||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 70,000 | 74,392 | ||||||||||
| First Republic Bank/CA | 4.38 | 08/01/46 | 30,000 | 4,838 | ||||||||||
| First Republic Bank/CA | 4.63 | 02/13/47 | 25,000 | 3,906 | ||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 40,000 | 32,441 | ||||||||||
| Freedom Mortgage Corp.(1) | 7.63 | 05/01/26 | 40,000 | 34,252 | ||||||||||
| Freedom Mortgage Corp.(1) | 8.13 | 11/15/24 | 25,000 | 24,111 | ||||||||||
| Freedom Mortgage Corp.(1) | 8.25 | 04/15/25 | 32,000 | 29,795 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.20 | 06/01/32 | 50,000 | 37,944 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.95 | 06/01/42 | 55,000 | 36,447 | ||||||||||
| Intesa Sanpaolo SpA(1) | 5.02 | 06/26/24 | 142,000 | 138,001 | ||||||||||
| Intesa Sanpaolo SpA(1) | 5.71 | 01/15/26 | 105,000 | 101,172 | ||||||||||
| Pacific Western Bank | 3.25 | 05/01/31 | 25,000 | 17,895 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 25,000 | 24,776 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | - | 50,000 | 48,153 | ||||||||||
| Texas Capital Bancshares, Inc. | 4.00 | 05/06/31 | 25,000 | 20,220 | ||||||||||
| UniCredit SpA(1) | 5.46 | 06/30/35 | 117,000 | 99,808 | ||||||||||
| UniCredit SpA(1) | 5.86 | 06/19/32 | 52,000 | 47,410 | ||||||||||
| UniCredit SpA(1) | 7.30 | 04/02/34 | 92,000 | 88,127 | ||||||||||
| Western Alliance Bancorp. | 3.00 | 06/15/31 | 40,000 | 31,033 | ||||||||||
| 894,721 | ||||||||||||||
| COMMERCIAL SERVICES – 3.8% | ||||||||||||||
| Block, Inc. | 2.75 | 06/01/26 | 75,000 | 67,960 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 67,000 | 54,656 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/26 | 62,000 | 62,704 | ||||||||||
| CPI CG, Inc.(1) | 8.63 | 03/15/26 | 23,000 | 22,735 | ||||||||||
| GEO Group, Inc. | 10.50 | 06/30/28 | 20,000 | 20,246 | ||||||||||
| MoneyGram International, Inc.(1) | 5.38 | 08/01/26 | 25,000 | 24,906 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 25,000 | 19,562 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 40,000 | 36,039 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 4.63 | 11/01/26 | 30,000 | 28,247 | ||||||||||
| 337,055 | ||||||||||||||
| COMPUTERS – 0.3% | ||||||||||||||
| Diebold Nixdorf, Inc.(1) | 9.38 | 07/15/25 | 50,000 | 22,231 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 30.9% | ||||||||||||||
| Advisor Group Holdings, Inc.(1) | 10.75 | 08/01/27 | 25,000 | 24,834 | ||||||||||
| AerCap Holdings NV | 5.88 | 10/10/79 | 55,000 | 51,095 | ||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 25,000 | 23,264 | ||||||||||
| AG TTMT Escrow Issuer LLC(1) | 8.63 | 09/30/27 | 50,000 | 51,451 | ||||||||||
The accompanying notes are an integral part of these financial statements.
47
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 30.9% (Continued) | ||||||||||||||
| Ally Financial, Inc. | 5.75 | 11/20/25 | $ | 80,000 | $ | 77,802 | ||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 30,000 | 27,105 | ||||||||||
| Aretec Escrow Issuer, Inc.(1) | 7.50 | 04/01/29 | 25,000 | 20,961 | ||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 25,000 | 20,769 | ||||||||||
| Brightsphere Investment Group, Inc. | 4.80 | 07/27/26 | 25,000 | 23,347 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | 50,000 | 46,548 | ||||||||||
| Castlelake Aviation Finance DAC(1) | 5.00 | 04/15/27 | 25,000 | 22,134 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 65,000 | 39,325 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 75,000 | 41,979 | ||||||||||
| Credit Acceptance Corp.(1) | 5.13 | 12/31/24 | 25,000 | 23,850 | ||||||||||
| Credit Acceptance Corp. | 6.63 | 03/15/26 | 25,000 | 23,925 | ||||||||||
| Curo Group Holdings Corp.(1) | 7.50 | 08/01/28 | 65,000 | 25,657 | ||||||||||
| Enova International, Inc.(1) | 8.50 | 09/15/25 | 45,000 | 43,225 | ||||||||||
| goeasy Ltd.(1) | 4.38 | 05/01/26 | 20,000 | 17,570 | ||||||||||
| goeasy Ltd.(1) | 5.38 | 12/01/24 | 42,000 | 39,935 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 25,000 | 21,718 | ||||||||||
| Home Point Capital, Inc.(1) | 5.00 | 02/01/26 | 38,000 | 32,157 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 43,000 | 38,526 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 67,000 | 56,406 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 6.00 | 08/15/26 | 25,000 | 21,367 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 60,000 | 33,068 | ||||||||||
| LD Holdings Group LLC(1) | 6.50 | 11/01/25 | 20,000 | 14,170 | ||||||||||
| LFS Topco LLC(1) | 5.88 | 10/15/26 | 25,000 | 21,963 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 8.38 | 05/01/28 | 35,000 | 35,060 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 25,000 | 20,528 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 75,000 | 67,828 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.13 | 12/15/30 | 50,000 | 41,000 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.50 | 08/15/28 | 50,000 | 44,670 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.75 | 11/15/31 | 45,000 | 37,469 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.00 | 01/15/27 | 42,000 | 39,847 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 35,000 | 30,137 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 50,000 | 45,094 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 50,000 | 43,095 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 39,000 | 29,286 | ||||||||||
| Navient Corp. | 5.88 | 10/25/24 | 40,000 | 39,364 | ||||||||||
| Navient Corp. | 6.75 | 06/25/25 | 30,000 | 29,538 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 40,000 | 39,008 | ||||||||||
| NFP Corp.(1) | 4.88 | 08/15/28 | 70,000 | 63,779 | ||||||||||
| NFP Corp.(1) | 6.88 | 08/15/28 | 140,000 | 122,269 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 55,000 | 47,042 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 43,000 | 34,549 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 57,000 | 43,112 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 50,000 | 42,114 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 50,000 | 46,436 | ||||||||||
| OneMain Finance Corp. | 6.88 | 03/15/25 | 90,000 | 88,187 | ||||||||||
| OneMain Finance Corp. | 7.13 | 03/15/26 | 112,000 | 109,280 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 25,000 | 23,252 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 50,000 | 41,136 | ||||||||||
The accompanying notes are an integral part of these financial statements.
48
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 30.9% (Continued) | ||||||||||||||
| PennyMac Financial Services, Inc.(1) | 5.38 | 10/15/25 | $ | 50,000 | $ | 47,249 | ||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 25,000 | 20,902 | ||||||||||
| PHH Mortgage Corp.(1) | 7.88 | 03/15/26 | 25,000 | 22,494 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 27,000 | 22,909 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 45,000 | 44,919 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 2.88 | 10/15/26 | 75,000 | 66,863 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 45,000 | 38,093 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 99,000 | 80,086 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 55,000 | 43,102 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 25,000 | 21,904 | ||||||||||
| SLM Corp. | 4.20 | 10/29/25 | 50,000 | 46,253 | ||||||||||
| StoneX Group, Inc.(1) | 8.63 | 06/15/25 | 25,000 | 25,346 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 50,000 | 46,056 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 50,000 | 47,695 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 45,000 | 38,858 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 48,000 | 43,785 | ||||||||||
| World Acceptance Corp.(1) | 7.00 | 11/01/26 | 25,000 | 20,370 | ||||||||||
| 2,764,115 | ||||||||||||||
| ELECTRONICS – 0.3% | ||||||||||||||
| Likewize Corp.(1) | 9.75 | 10/15/25 | 25,000 | 22,373 | ||||||||||
| ENGINEERING & CONSTRUCTION – 0.2% | ||||||||||||||
| INNOVATE Corp.(1) | 8.50 | 02/01/26 | 25,000 | 19,501 | ||||||||||
| INSURANCE – 13.5% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | 50,000 | 41,899 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 27,000 | 22,358 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 7.00 | 11/15/25 | 102,000 | 97,534 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 4.25 | 10/15/27 | 47,000 | 43,077 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 5.88 | 11/01/29 | 27,000 | 23,316 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 6.75 | 10/15/27 | 100,000 | 93,481 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 6.75 | 04/15/28 | 90,000 | 89,984 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 55,000 | 49,958 | ||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 25,000 | 23,965 | ||||||||||
| AssuredPartners, Inc.(1) | 5.63 | 01/15/29 | 30,000 | 25,999 | ||||||||||
| AssuredPartners, Inc.(1) | 7.00 | 08/15/25 | 22,000 | 21,807 | ||||||||||
| BroadStreet Partners, Inc.(1) | 5.88 | 04/15/29 | 50,000 | 43,421 | ||||||||||
| Enstar Finance LLC | 5.50 | 01/15/42 | 30,000 | 21,638 | ||||||||||
| Enstar Finance LLC | 5.75 | 09/01/40 | 27,000 | 22,669 | ||||||||||
| Genworth Holdings, Inc. | 6.50 | 06/15/34 | 20,000 | 17,849 | ||||||||||
| Global Atlantic Finance Co.(1) | 4.70 | 10/15/51 | 50,000 | 40,021 | ||||||||||
| GTCR AP Finance, Inc.(1) | 8.00 | 05/15/27 | 53,000 | 51,874 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 30,000 | 26,728 | ||||||||||
| HUB International Ltd.(1) | 7.00 | 05/01/26 | 125,000 | 124,607 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 40,000 | 40,512 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 10.50 | 12/15/30 | 20,000 | 20,347 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 50,000 | 40,386 | ||||||||||
The accompanying notes are an integral part of these financial statements.
49
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 13.5% (Continued) | ||||||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | $ | 75,000 | $ | 44,740 | ||||||||
| MGIC Investment Corp. | 5.25 | 08/15/28 | 45,000 | 43,046 | ||||||||||
| NMI Holdings, Inc.(1) | 7.38 | 06/01/25 | 25,000 | 25,446 | ||||||||||
| Ohio National Financial Services, Inc.(1) | 6.80 | 01/24/30 | 50,000 | 47,525 | ||||||||||
| Ryan Specialty Group LLC(1) | 4.38 | 02/01/30 | 25,000 | 22,438 | ||||||||||
| USI, Inc./NY(1) | 6.88 | 05/01/25 | 43,000 | 42,616 | ||||||||||
| 1,209,241 | ||||||||||||||
| INTERNET – 0.2% | ||||||||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 5.00 | 05/01/28 | 25,000 | 19,855 | ||||||||||
| INVESTMENT COMPANIES – 4.9% | ||||||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.00 | 01/15/32 | 25,000 | 20,351 | ||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.25 | 04/15/29 | 68,000 | 61,268 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | 50,000 | 43,960 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.75 | 09/15/24 | 75,000 | 74,101 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 100,000 | 94,392 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.25 | 05/15/26 | 97,000 | 95,574 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.38 | 12/15/25 | 50,000 | 49,655 | ||||||||||
| 439,301 | ||||||||||||||
| PIPELINES – 0.4% | ||||||||||||||
| FTAI Infra Escrow Holdings LLC(1) | 10.50 | 06/01/27 | 35,000 | 35,383 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 28.5% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 32,000 | 24,263 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 27,000 | 22,595 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL(1) | 4.50 | 04/01/27 | 25,000 | 20,705 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL(1) | 5.75 | 05/15/26 | 93,000 | 84,559 | ||||||||||
| CTR Partnership LP/CareTrust Capital Corp.(1) | 3.88 | 06/30/28 | 25,000 | 21,862 | ||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 25,000 | 15,773 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 50,000 | 30,913 | ||||||||||
| Diversified Healthcare Trust | 9.75 | 06/15/25 | 50,000 | 47,932 | ||||||||||
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP(1) | 3.75 | 12/15/27 | 30,000 | 22,986 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.38 | 06/15/26 | 75,000 | 66,653 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.75 | 09/15/30 | 25,000 | 19,673 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 6.00 | 04/15/25 | 25,000 | 24,331 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 54,000 | 47,365 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 75,000 | 65,308 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 72,000 | 68,743 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 70,000 | 63,952 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 30,000 | 28,282 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 55,000 | 52,980 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 90,000 | 83,010 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 45,000 | 40,922 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 35,000 | 29,888 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 52,000 | 41,198 | ||||||||||
The accompanying notes are an integral part of these financial statements.
50
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 28.5% (Continued) | ||||||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 5.25 | 10/01/25 | $ | 31,000 | $ | 29,182 | ||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 93,000 | 63,678 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 52,000 | 39,441 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 100,000 | 83,896 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.25 | 08/01/26 | 40,000 | 35,676 | ||||||||||
| Necessity Retail REIT, Inc./American Finance Operating Partner LP(1) | 4.50 | 09/30/28 | 32,000 | 23,763 | ||||||||||
| Office Properties Income Trust | 2.65 | 06/15/26 | 25,000 | 17,516 | ||||||||||
| Office Properties Income Trust | 3.45 | 10/15/31 | 43,000 | 22,194 | ||||||||||
| Office Properties Income Trust | 4.50 | 02/01/25 | 75,000 | 63,842 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 4.88 | 05/15/29 | 50,000 | 43,295 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 5.88 | 10/01/28 | 50,000 | 46,170 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 7.50 | 06/01/25 | 45,000 | 45,279 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 42,000 | 37,858 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 50,000 | 47,063 | ||||||||||
| Rithm Capital Corp.(1) | 6.25 | 10/15/25 | 37,000 | 33,938 | ||||||||||
| RLJ Lodging Trust LP(1) | 3.75 | 07/01/26 | 25,000 | 23,131 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 45,000 | 37,847 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 100,000 | 85,675 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 106,000 | 98,981 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 27,000 | 21,175 | ||||||||||
| Service Properties Trust | 4.35 | 10/01/24 | 52,000 | 49,706 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 25,000 | 18,630 | ||||||||||
| Service Properties Trust | 4.50 | 03/15/25 | 30,000 | 27,934 | ||||||||||
| Service Properties Trust | 4.75 | 10/01/26 | 42,000 | 36,359 | ||||||||||
| Service Properties Trust | 4.95 | 02/15/27 | 25,000 | 21,220 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 25,000 | 18,972 | ||||||||||
| Service Properties Trust | 5.25 | 02/15/26 | 25,000 | 22,234 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 30,000 | 26,262 | ||||||||||
| Service Properties Trust | 7.50 | 09/15/25 | 55,000 | 53,948 | ||||||||||
| Starwood Property Trust, Inc.(1) | 3.63 | 07/15/26 | 50,000 | 43,106 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 25,000 | 21,587 | ||||||||||
| Starwood Property Trust, Inc. | 4.75 | 03/15/25 | 50,000 | 47,323 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 50,000 | 29,543 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 132,000 | 79,805 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 10.50 | 02/15/28 | 175,000 | 167,614 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 45,000 | 39,096 | ||||||||||
| XHR LP(1) | 6.38 | 08/15/25 | 25,000 | 24,674 | ||||||||||
| 2,551,506 | ||||||||||||||
| RETAIL – 0.8% | ||||||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 25,000 | 22,882 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 48,000 | 44,640 | ||||||||||
| 67,522 | ||||||||||||||
| SOFTWARE – 0.3% | ||||||||||||||
| ACI Worldwide, Inc.(1) | 5.75 | 08/15/26 | 25,000 | 24,940 | ||||||||||
The accompanying notes are an integral part of these financial statements.
51
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TRANSPORTATION – 0.4% | ||||||||||||||
| Cargo Aircraft Management, Inc.(1) | 4.75 | 02/01/28 | $ | 42,000 | $ | 37,745 | ||||||||
| TRUCKING & LEASING – 2.1% | ||||||||||||||
| AerCap Global Aviation Trust(1) | 6.50 | 06/15/45 | 32,000 | 30,101 | ||||||||||
| Fly Leasing Ltd.(1) | 7.00 | 10/15/24 | 20,000 | 17,523 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.50 | 05/01/28 | 75,000 | 68,834 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 6.50 | 10/01/25 | 73,000 | 72,187 | ||||||||||
| 188,645 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $8,897,285) | 8,761,497 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.9% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 0.4% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 07/11/23 | 40,000 | 39,616 | ||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| BBVA, Madrid | 4.18 | 05/01/23 | 47,127 | 47,127 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $86,760) | 86,743 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $8,984,045) | $ | 8,848,240 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 94,123 | |||||||||||||
| NET ASSETS – 100.0% | $ | 8,942,363 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $5,986,342 and represents 66.9% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. | |
| (2) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
52
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.8% | ||||||||||||||
| CHEMICALS – 1.3% | ||||||||||||||
| Methanex Corp. | 4.25 | 12/01/24 | $ | 30,000 | $ | 29,345 | ||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 50,000 | 47,815 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 60,000 | 56,384 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 20,000 | 16,707 | ||||||||||
| 150,251 | ||||||||||||||
| OIL & GAS – 56.0% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 8.25 | 02/15/26 | 60,000 | 58,328 | ||||||||||
| Antero Resources Corp.(1) | 5.38 | 03/01/30 | 50,000 | 46,894 | ||||||||||
| Antero Resources Corp.(1) | 7.63 | 02/01/29 | 31,000 | 31,767 | ||||||||||
| Apache Corp. | 4.25 | 01/15/30 | 40,000 | 36,599 | ||||||||||
| Apache Corp. | 4.38 | 10/15/28 | 25,000 | 23,449 | ||||||||||
| Apache Corp. | 4.75 | 04/15/43 | 35,000 | 27,333 | ||||||||||
| Apache Corp. | 5.10 | 09/01/40 | 105,000 | 90,133 | ||||||||||
| Apache Corp. | 5.25 | 02/01/42 | 30,000 | 25,376 | ||||||||||
| Apache Corp. | 5.35 | 07/01/49 | 30,000 | 23,411 | ||||||||||
| Apache Corp. | 6.00 | 01/15/37 | 35,000 | 33,111 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 35,000 | 31,466 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 7.00 | 11/01/26 | 50,000 | 48,442 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 8.25 | 12/31/28 | 10,000 | 9,721 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 9.00 | 11/01/27 | 30,000 | 37,139 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 60,000 | 60,386 | ||||||||||
| Baytex Energy Corp.(1) | 8.75 | 04/01/27 | 30,000 | 30,906 | ||||||||||
| Berry Petroleum Co. LLC(1) | 7.00 | 02/15/26 | 30,000 | 28,569 | ||||||||||
| California Resources Corp.(1) | 7.13 | 02/01/26 | 42,000 | 42,470 | ||||||||||
| Callon Petroleum Co. | 6.38 | 07/01/26 | 30,000 | 29,023 | ||||||||||
| Callon Petroleum Co.(1) | 7.50 | 06/15/30 | 40,000 | 38,037 | ||||||||||
| Callon Petroleum Co.(1) | 8.00 | 08/01/28 | 50,000 | 49,388 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 30,000 | 29,064 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 11.00 | 04/15/25 | 35,000 | 36,000 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.50 | 02/01/26 | 40,000 | 39,633 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.88 | 02/01/29 | 40,000 | 38,303 | ||||||||||
| Chesapeake Energy Corp.(1) | 6.75 | 04/15/29 | 70,000 | 69,364 | ||||||||||
| Chord Energy Corp.(1) | 6.38 | 06/01/26 | 30,000 | 29,930 | ||||||||||
| Citgo Holding, Inc.(1) | 9.25 | 08/01/24 | 65,000 | 65,560 | ||||||||||
| CITGO Petroleum Corp.(1) | 6.38 | 06/15/26 | 50,000 | 48,756 | ||||||||||
| CITGO Petroleum Corp.(1) | 7.00 | 06/15/25 | 90,000 | 89,685 | ||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 30,000 | 28,233 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 32,000 | 29,638 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/14/27 | 30,000 | 29,698 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 39,000 | 37,667 | ||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 85,000 | 73,054 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 85,000 | 77,044 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.25 | 05/01/26 | 60,000 | 57,552 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 30,000 | 29,959 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.00 | 05/01/29 | 20,000 | 18,915 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.63 | 10/15/25 | 85,000 | 83,993 | ||||||||||
The accompanying notes are an integral part of these financial statements.
53
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 56.0% (Continued) | ||||||||||||||
| CVR Energy, Inc.(1) | 5.25 | 02/15/25 | $ | 50,000 | $ | 48,405 | ||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 30,000 | 26,846 | ||||||||||
| Earthstone Energy Holdings LLC(1) | 8.00 | 04/15/27 | 40,000 | 39,081 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.50 | 05/01/28 | 52,000 | 46,164 | ||||||||||
| Endeavor Energy Resources LP/EER Finance, Inc.(1) | 5.75 | 01/30/28 | 70,000 | 69,739 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 30,000 | 27,351 | ||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | 20,000 | 18,939 | ||||||||||
| Global Marine, Inc. | 7.00 | 06/01/28 | 20,000 | 16,250 | ||||||||||
| Gran Tierra Energy, Inc.(1) | 7.75 | 05/23/27 | 43,000 | 32,550 | ||||||||||
| Gulfport Energy Corp.(1) | 8.00 | 05/17/26 | 30,000 | 30,106 | ||||||||||
| Harbour Energy PLC(1) | 5.50 | 10/15/26 | 35,000 | 32,106 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 50,000 | 46,758 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 35,000 | 32,652 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 40,000 | 37,015 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 50,000 | 47,949 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 40,000 | 37,435 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 9.00 | 07/15/26 | 45,000 | 43,367 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.00 | 08/01/26 | 30,000 | 29,157 | ||||||||||
| Matador Resources Co. | 5.88 | 09/15/26 | 50,000 | 49,100 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 40,000 | 40,298 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 50,000 | 48,059 | ||||||||||
| MEG Energy Corp.(1) | 7.13 | 02/01/27 | 40,000 | 41,053 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 7.50 | 01/15/26 | 60,000 | 56,164 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 10.50 | 05/15/27 | 31,000 | 29,967 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/27 | 40,000 | 39,390 | ||||||||||
| Murphy Oil Corp. | 6.13 | 12/01/42 | 31,000 | 26,587 | ||||||||||
| Murphy Oil Corp. | 6.38 | 07/15/28 | 40,000 | 39,897 | ||||||||||
| Murphy Oil Corp. | 7.05 | 05/01/29 | 10,000 | 10,203 | ||||||||||
| Nabors Industries Ltd.(1) | 7.25 | 01/15/26 | 40,000 | 37,758 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 10,000 | 9,113 | ||||||||||
| Nabors Industries, Inc. | 5.75 | 02/01/25 | 40,000 | 39,096 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 80,000 | 77,695 | ||||||||||
| Neptune Energy Bondco PLC(1) | 6.63 | 05/15/25 | 64,000 | 63,172 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 50,000 | 51,259 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.13 | 03/01/28 | 60,000 | 59,314 | ||||||||||
| Occidental Petroleum Corp. | 2.90 | 08/15/24 | 50,000 | 48,531 | ||||||||||
| Occidental Petroleum Corp. | 3.40 | 04/15/26 | 25,000 | 23,684 | ||||||||||
| Occidental Petroleum Corp. | 3.50 | 08/15/29 | 20,000 | 18,248 | ||||||||||
| Occidental Petroleum Corp. | 4.10 | 02/15/47 | 15,000 | 11,732 | ||||||||||
| Occidental Petroleum Corp. | 4.20 | 03/15/48 | 25,000 | 19,543 | ||||||||||
| Occidental Petroleum Corp. | 4.40 | 04/15/46 | 35,000 | 28,233 | ||||||||||
| Occidental Petroleum Corp. | 4.40 | 08/15/49 | 20,000 | 15,748 | ||||||||||
| Occidental Petroleum Corp. | 4.63 | 06/15/45 | 25,000 | 20,528 | ||||||||||
| Occidental Petroleum Corp. | 5.50 | 12/01/25 | 35,000 | 35,146 | ||||||||||
| Occidental Petroleum Corp. | 5.55 | 03/15/26 | 65,000 | 65,628 | ||||||||||
| Occidental Petroleum Corp. | 5.88 | 09/01/25 | 45,000 | 45,523 | ||||||||||
| Occidental Petroleum Corp. | 6.13 | 01/01/31 | 90,000 | 94,193 | ||||||||||
| Occidental Petroleum Corp. | 6.20 | 03/15/40 | 55,000 | 56,542 | ||||||||||
The accompanying notes are an integral part of these financial statements.
54
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 56.0% (Continued) | ||||||||||||||
| Occidental Petroleum Corp. | 6.38 | 09/01/28 | $ | 45,000 | $ | 46,978 | ||||||||
| Occidental Petroleum Corp. | 6.45 | 09/15/36 | 135,000 | 143,390 | ||||||||||
| Occidental Petroleum Corp. | 6.60 | 03/15/46 | 85,000 | 90,818 | ||||||||||
| Occidental Petroleum Corp. | 6.63 | 09/01/30 | 115,000 | 122,876 | ||||||||||
| Occidental Petroleum Corp. | 7.50 | 05/01/31 | 69,000 | 77,077 | ||||||||||
| Occidental Petroleum Corp. | 7.88 | 09/15/31 | 35,000 | 39,710 | ||||||||||
| Occidental Petroleum Corp. | 7.95 | 06/15/39 | 25,000 | 28,694 | ||||||||||
| Occidental Petroleum Corp. | 8.50 | 07/15/27 | 35,000 | 38,575 | ||||||||||
| Occidental Petroleum Corp. | 8.88 | 07/15/30 | 80,000 | 94,078 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 60,000 | 52,643 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 61,000 | 53,148 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 40,000 | 39,004 | ||||||||||
| Patterson-UTI Energy, Inc. | 3.95 | 02/01/28 | 30,000 | 27,014 | ||||||||||
| Patterson-UTI Energy, Inc. | 5.15 | 11/15/29 | 30,000 | 26,816 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 75,000 | 69,088 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 7.25 | 06/15/25 | 40,000 | 39,906 | ||||||||||
| PDC Energy, Inc. | 5.75 | 05/15/26 | 60,000 | 58,322 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 62,000 | 58,734 | ||||||||||
| Permian Resources Operating LLC(1) | 6.88 | 04/01/27 | 30,000 | 29,739 | ||||||||||
| Permian Resources Operating LLC(1) | 7.75 | 02/15/26 | 40,000 | 40,493 | ||||||||||
| Petrofac Ltd.(1) | 9.75 | 11/15/26 | 50,000 | 35,031 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 60,000 | 55,109 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 33,000 | 30,398 | ||||||||||
| Range Resources Corp. | 4.88 | 05/15/25 | 60,000 | 59,276 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 50,000 | 52,238 | ||||||||||
| ROCC Holdings LLC(1) | 9.25 | 08/15/26 | 30,000 | 32,213 | ||||||||||
| Rockcliff Energy II LLC(1) | 5.50 | 10/15/29 | 55,000 | 49,791 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 30,000 | 28,453 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 30,000 | 29,003 | ||||||||||
| SM Energy Co. | 6.75 | 09/15/26 | 60,000 | 59,179 | ||||||||||
| Southwestern Energy Co. | 4.75 | 02/01/32 | 90,000 | 79,485 | ||||||||||
| Southwestern Energy Co. | 5.38 | 02/01/29 | 55,000 | 51,908 | ||||||||||
| Southwestern Energy Co. | 5.38 | 03/15/30 | 95,000 | 88,507 | ||||||||||
| Southwestern Energy Co. | 5.70 | 01/23/25 | 30,000 | 29,976 | ||||||||||
| Southwestern Energy Co. | 8.38 | 09/15/28 | 20,000 | 20,989 | ||||||||||
| Strathcona Resources Ltd./Alberta(1) | 6.88 | 08/01/26 | 35,000 | 29,638 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 60,000 | 54,124 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 80,000 | 71,491 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 60,000 | 59,750 | ||||||||||
| Talos Production, Inc. | 12.00 | 01/15/26 | 55,000 | 58,215 | ||||||||||
| Tap Rock Resources LLC(1) | 7.00 | 10/01/26 | 35,000 | �� | 33,663 | |||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 30,000 | 27,478 | ||||||||||
| Transocean Poseidon Ltd.(1) | 6.88 | 02/01/27 | 36,563 | 35,706 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 40,000 | 40,810 | ||||||||||
| Transocean, Inc. | 6.80 | 03/15/38 | 45,000 | 30,685 | ||||||||||
| Transocean, Inc.(1) | 7.25 | 11/01/25 | 29,000 | 27,658 | ||||||||||
| Transocean, Inc.(1) | 7.50 | 01/15/26 | 45,000 | 41,566 | ||||||||||
| Transocean, Inc. | 7.50 | 04/15/31 | 30,000 | 23,135 | ||||||||||
The accompanying notes are an integral part of these financial statements.
55
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 56.0% (Continued) | ||||||||||||||
| Transocean, Inc.(1) | 8.00 | 02/01/27 | $ | 50,000 | $ | 44,444 | ||||||||
| Transocean, Inc.(1) | 8.75 | 02/15/30 | 90,000 | 90,900 | ||||||||||
| Transocean, Inc.(1) | 11.50 | 01/30/27 | 55,000 | 56,346 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 55,000 | 55,081 | ||||||||||
| Vermilion Energy, Inc.(1) | 5.63 | 03/15/25 | 28,000 | 27,578 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 31,000 | 28,798 | ||||||||||
| Viper Energy Partners LP(1) | 5.38 | 11/01/27 | 30,000 | 29,034 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 24,000 | 21,211 | ||||||||||
| Vital Energy, Inc. | 9.50 | 01/15/25 | 32,000 | 32,223 | ||||||||||
| Vital Energy, Inc. | 10.13 | 01/15/28 | 27,000 | 27,180 | ||||||||||
| W&T Offshore, Inc.(1) | 11.75 | 02/01/26 | 25,000 | 25,062 | ||||||||||
| 6,427,705 | ||||||||||||||
| OIL & GAS SERVICES – 5.1% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 60,000 | 57,671 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 40,000 | 39,349 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 30,000 | 28,652 | ||||||||||
| CGG SA(1) | 8.75 | 04/01/27 | 35,000 | 30,289 | ||||||||||
| CSI Compressco LP/CSI Compressco Finance, Inc.(1) | 7.50 | 04/01/25 | 30,000 | 29,005 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 50,000 | 49,883 | ||||||||||
| Oceaneering International, Inc. | 4.65 | 11/15/24 | 30,000 | 29,559 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 20,000 | 19,025 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 04/01/26 | 60,000 | 59,430 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 09/01/27 | 60,000 | 58,472 | ||||||||||
| Weatherford International Ltd.(1) | 6.50 | 09/15/28 | 30,000 | 30,032 | ||||||||||
| Weatherford International Ltd.(1) | 8.63 | 04/30/30 | 129,000 | 131,539 | ||||||||||
| Welltec International ApS(1) | 8.25 | 10/15/26 | 25,000 | 25,273 | ||||||||||
| 588,179 | ||||||||||||||
| PIPELINES – 34.7% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 63,000 | 59,056 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 50,000 | 48,432 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 50,000 | 48,496 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 7.88 | 05/15/26 | 40,000 | 41,111 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 6.63 | 07/15/26 | 30,000 | 29,627 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.63 | 12/15/25 | 40,000 | 40,166 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 50,000 | 45,573 | ||||||||||
| Buckeye Partners LP(1) | 4.13 | 03/01/25 | 65,000 | 62,158 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 30,000 | 26,990 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 35,000 | 31,854 | ||||||||||
| Buckeye Partners LP | 5.60 | 10/15/44 | 25,000 | 18,046 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 30,000 | 23,126 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 30,000 | 25,148 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 110,000 | 102,534 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 5.63 | 05/01/27 | 50,000 | 48,045 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp. | 5.75 | 04/01/25 | 35,000 | 34,527 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 6.00 | 02/01/29 | 55,000 | 51,891 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 7.38 | 02/01/31 | 50,000 | 50,052 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 8.00 | 04/01/29 | 35,000 | 35,648 | ||||||||||
The accompanying notes are an integral part of these financial statements.
56
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 34.7% (Continued) | ||||||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | $ | 30,000 | $ | 27,356 | ||||||||
| DT Midstream, Inc.(1) | 4.13 | 06/15/29 | 80,000 | 70,990 | ||||||||||
| DT Midstream, Inc.(1) | 4.38 | 06/15/31 | 80,000 | 69,674 | ||||||||||
| EnLink Midstream LLC | 5.38 | 06/01/29 | 40,000 | 38,663 | ||||||||||
| EnLink Midstream LLC(1) | 5.63 | 01/15/28 | 40,000 | 39,437 | ||||||||||
| EnLink Midstream LLC(1) | 6.50 | 09/01/30 | 75,000 | 75,839 | ||||||||||
| EnLink Midstream Partners LP | 4.15 | 06/01/25 | 29,000 | 28,078 | ||||||||||
| EnLink Midstream Partners LP | 4.85 | 07/15/26 | 40,000 | 39,000 | ||||||||||
| EnLink Midstream Partners LP | 5.05 | 04/01/45 | 35,000 | 27,821 | ||||||||||
| EnLink Midstream Partners LP | 5.45 | 06/01/47 | 35,000 | 29,270 | ||||||||||
| EnLink Midstream Partners LP | 5.60 | 04/01/44 | 30,000 | 24,970 | ||||||||||
| EQM Midstream Partners LP | 4.00 | 08/01/24 | 26,000 | 25,239 | ||||||||||
| EQM Midstream Partners LP | 4.13 | 12/01/26 | 40,000 | 36,351 | ||||||||||
| EQM Midstream Partners LP(1) | 4.50 | 01/15/29 | 60,000 | 51,068 | ||||||||||
| EQM Midstream Partners LP(1) | 4.75 | 01/15/31 | 85,000 | 69,763 | ||||||||||
| EQM Midstream Partners LP | 5.50 | 07/15/28 | 65,000 | 59,311 | ||||||||||
| EQM Midstream Partners LP(1) | 6.00 | 07/01/25 | 31,000 | 30,496 | ||||||||||
| EQM Midstream Partners LP(1) | 6.50 | 07/01/27 | 63,000 | 61,509 | ||||||||||
| EQM Midstream Partners LP | 6.50 | 07/15/48 | 45,000 | 34,132 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/27 | 40,000 | 39,899 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/30 | 40,000 | 38,868 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 6.25 | 05/15/26 | 10,000 | 9,647 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 6.50 | 10/01/25 | 49,000 | 48,025 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 40,000 | 39,419 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 01/15/27 | 80,000 | 79,912 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.88 | 04/15/30 | 50,000 | 50,118 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 6.88 | 01/15/29 | 30,000 | 28,145 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 7.00 | 08/01/27 | 30,000 | 29,032 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 60,000 | 58,769 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 55,000 | 48,963 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 50,000 | 47,560 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 30,000 | 27,954 | ||||||||||
| Hess Midstream Operations LP(1) | 5.63 | 02/15/26 | 60,000 | 59,138 | ||||||||||
| Holly Energy Partners LP/Holly Energy Finance Corp.(1) | 5.00 | 02/01/28 | 30,000 | 28,009 | ||||||||||
| Holly Energy Partners LP/Holly Energy Finance Corp.(1) | 6.38 | 04/15/27 | 40,000 | 39,483 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 6.75 | 01/15/27 | 30,000 | 28,026 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 96,000 | 79,803 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 80,000 | 76,723 | ||||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | 30,000 | 29,256 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | 115,000 | 106,043 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.75 | 09/15/25 | 100,000 | 95,368 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 7.50 | 02/01/26 | 170,000 | 163,165 | ||||||||||
| NGL Energy Partners LP/NGL Energy Finance Corp. | 6.13 | 03/01/25 | 10,000 | 9,250 | ||||||||||
| NGL Energy Partners LP/NGL Energy Finance Corp. | 7.50 | 04/15/26 | 30,000 | 26,980 | ||||||||||
| Northriver Midstream Finance LP(1) | 5.63 | 02/15/26 | 40,000 | 37,598 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 48,000 | 45,862 | ||||||||||
| NuStar Logistics LP | 5.75 | 10/01/25 | 40,000 | 39,270 | ||||||||||
| NuStar Logistics LP | 6.00 | 06/01/26 | 40,000 | 39,415 | ||||||||||
The accompanying notes are an integral part of these financial statements.
57
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 34.7% (Continued) | ||||||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | $ | 50,000 | $ | 48,203 | ||||||||
| Rockies Express Pipeline LLC(1) | 3.60 | 05/15/25 | 30,000 | 28,474 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | 35,000 | 31,221 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 35,000 | 32,366 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.88 | 04/15/40 | 50,000 | 43,581 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 10,000 | 9,178 | ||||||||||
| Southeast Supply Header LLC(1) | 4.25 | 06/15/24 | 30,000 | 28,349 | ||||||||||
| Summit Midstream Holdings LLC/Summit Midstream Finance Corp.(1) | 8.50 | 10/15/26 | 82,000 | 78,819 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 60,000 | 55,588 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 03/01/27 | 30,000 | 28,984 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 55,000 | 48,907 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 36,000 | 31,911 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.50 | 10/01/25 | 50,000 | 50,436 | ||||||||||
| TransMontaigne Partners LP/TLP Finance Corp. | 6.13 | 02/15/26 | 20,000 | 17,417 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 100,000 | 89,930 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 97,000 | 81,896 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 95,000 | 84,269 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 80,000 | 81,198 | ||||||||||
| 3,981,874 | ||||||||||||||
| RETAIL – 0.4% | ||||||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 50,000 | 44,338 | ||||||||||
| WATER – 0.3% | ||||||||||||||
| Solaris Midstream Holdings LLC(1) | 7.63 | 04/01/26 | 30,000 | 28,830 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $11,351,935) | 11,221,177 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.4% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 0.9% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 07/11/23 | 100,000 | 99,041 | ||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| JP Morgan Chase, New York | 4.18 | 05/01/23 | 60,376 | 60,376 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $159,459) | 159,417 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $11,511,394) | $ | 11,380,594 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 97,870 | |||||||||||||
| NET ASSETS – 100.0% | $ | 11,478,464 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $7,151,252 and represents 62.3% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
58
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.2% | ||||||||||||||
| APPAREL – 2.2% | ||||||||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | $ | 22,000 | $ | 18,597 | ||||||||
| Crocs, Inc.(1) | 4.25 | 03/15/29 | 40,000 | 35,518 | ||||||||||
| Hanesbrands, Inc.(1) | 4.88 | 05/15/26 | 83,000 | 78,321 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 50,000 | 51,240 | ||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 29,000 | 24,672 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 50,000 | 42,329 | ||||||||||
| Under Armour, Inc. | 3.25 | 06/15/26 | 50,000 | 45,964 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 50,000 | 49,441 | ||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 50,000 | 41,608 | ||||||||||
| 387,690 | ||||||||||||||
| AUTO MANUFACTURERS – 18.6% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 100,000 | 85,474 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 72,000 | 70,999 | ||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.50 | 11/30/25 | 100,000 | 98,377 | ||||||||||
| Ford Holdings LLC | 9.30 | 03/01/30 | 3,000 | 3,429 | ||||||||||
| Ford Motor Co. | 3.25 | 02/12/32 | 152,000 | 118,015 | ||||||||||
| Ford Motor Co. | 4.35 | 12/08/26 | 100,000 | 97,250 | ||||||||||
| Ford Motor Co. | 4.75 | 01/15/43 | 123,000 | 92,561 | ||||||||||
| Ford Motor Co. | 5.29 | 12/08/46 | 98,000 | 79,366 | ||||||||||
| Ford Motor Co. | 6.10 | 08/19/32 | 100,000 | 95,461 | ||||||||||
| Ford Motor Co. | 6.63 | 10/01/28 | 3,000 | 3,058 | ||||||||||
| Ford Motor Co. | 7.40 | 11/01/46 | 2,000 | 2,040 | ||||||||||
| Ford Motor Co. | 7.45 | 07/16/31 | 53,000 | 55,841 | ||||||||||
| Ford Motor Co. | 9.63 | 04/22/30 | 3,000 | 3,492 | ||||||||||
| Ford Motor Credit Co. LLC | 2.30 | 02/10/25 | 65,000 | 60,610 | ||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | 65,000 | 57,738 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/16/28 | 50,000 | 43,345 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/10/29 | 76,000 | 63,136 | ||||||||||
| Ford Motor Credit Co. LLC | 3.38 | 11/13/25 | 115,000 | 106,962 | ||||||||||
| Ford Motor Credit Co. LLC | 3.63 | 06/17/31 | 71,000 | 58,616 | ||||||||||
| Ford Motor Credit Co. LLC | 3.82 | 11/02/27 | 50,000 | 44,909 | ||||||||||
| Ford Motor Credit Co. LLC | 4.00 | 11/13/30 | 100,000 | 85,847 | ||||||||||
| Ford Motor Credit Co. LLC | 4.06 | 11/01/24 | 110,000 | 107,045 | ||||||||||
| Ford Motor Credit Co. LLC | 4.13 | 08/04/25 | 100,000 | 94,807 | ||||||||||
| Ford Motor Credit Co. LLC | 4.13 | 08/17/27 | 73,000 | 67,073 | ||||||||||
| Ford Motor Credit Co. LLC | 4.27 | 01/09/27 | 50,000 | 46,369 | ||||||||||
| Ford Motor Credit Co. LLC | 4.39 | 01/08/26 | 76,000 | 72,294 | ||||||||||
| Ford Motor Credit Co. LLC | 4.54 | 08/01/26 | 50,000 | 47,225 | ||||||||||
| Ford Motor Credit Co. LLC | 4.69 | 06/09/25 | 65,000 | 62,955 | ||||||||||
| Ford Motor Credit Co. LLC | 4.95 | 05/28/27 | 90,000 | 85,228 | ||||||||||
| Ford Motor Credit Co. LLC | 5.11 | 05/03/29 | 100,000 | 93,339 | ||||||||||
| Ford Motor Credit Co. LLC | 5.13 | 06/16/25 | 65,000 | 63,373 | ||||||||||
| Ford Motor Credit Co. LLC | 5.58 | 03/18/24 | 15,000 | 14,929 | ||||||||||
| Ford Motor Credit Co. LLC | 6.95 | 03/06/26 | 90,000 | 90,927 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 11/04/27 | 83,000 | 85,557 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 03/06/30 | 75,000 | 77,114 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | 50,000 | 41,946 | ||||||||||
The accompanying notes are an integral part of these financial statements.
59
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO MANUFACTURERS – 18.6% (Continued) | ||||||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | $ | 47,000 | $ | 38,962 | ||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 50,000 | 43,289 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 7.75 | 10/15/25 | 70,000 | 69,591 | ||||||||||
| McLaren Finance PLC(1) | 7.50 | 08/01/26 | 61,000 | 50,240 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 1.13 | 09/16/24 | 40,000 | 37,204 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 1.85 | 09/16/26 | 50,000 | 42,691 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.00 | 03/09/26 | 75,000 | 66,129 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.75 | 03/09/28 | 40,000 | 33,304 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 3.52 | 09/17/25 | 125,000 | 116,985 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.35 | 09/17/27 | 250,000 | 229,236 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.81 | 09/17/30 | 250,000 | 220,046 | ||||||||||
| 3,324,384 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 6.3% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 4.88 | 08/15/26 | 72,000 | 69,308 | ||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 40,000 | 41,064 | ||||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 50,000 | 51,277 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 50,000 | 41,563 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 50,000 | 46,409 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 34,000 | 30,640 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 47,000 | 38,112 | ||||||||||
| Dana, Inc. | 4.50 | 02/15/32 | 3,000 | 2,402 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 74,000 | 69,667 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 49,000 | 45,263 | ||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 50,000 | 46,443 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 65,000 | 61,494 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 05/31/26 | 90,000 | 87,547 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 75,000 | 66,384 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 28,000 | 24,314 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 57,000 | 49,214 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 34,000 | 29,460 | ||||||||||
| Goodyear Tire & Rubber Co. | 9.50 | 05/31/25 | 71,000 | 72,791 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 50,000 | 37,675 | ||||||||||
| Wheel Pros, Inc.(1) | 6.50 | 05/15/29 | 15,000 | 7,125 | ||||||||||
| ZF North America Capital, Inc.(1) | 4.75 | 04/29/25 | 100,000 | 97,824 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 55,000 | 56,655 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 50,000 | 51,655 | ||||||||||
| 1,124,286 | ||||||||||||||
| COMMERCIAL SERVICES – 1.5% | ||||||||||||||
| Metis Merger Sub LLC(1) | 6.50 | 05/15/29 | 71,000 | 60,248 | ||||||||||
| Sabre GLBL, Inc.(1) | 7.38 | 09/01/25 | 90,000 | 80,078 | ||||||||||
| Sabre GLBL, Inc.(1) | 9.25 | 04/15/25 | 70,000 | 64,645 | ||||||||||
| Sabre GLBL, Inc.(1) | 11.25 | 12/15/27 | 35,000 | 30,778 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 40,000 | 35,161 | ||||||||||
| 270,910 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.1% | ||||||||||||||
| G-III Apparel Group Ltd.(1) | 7.88 | 08/15/25 | 28,000 | 26,376 | ||||||||||
The accompanying notes are an integral part of these financial statements.
60
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.1% | ||||||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | $ | 35,000 | $ | 20,311 | ||||||||
| ENTERTAINMENT – 18.8% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 50,000 | 45,023 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 72,000 | 52,268 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 62,000 | 56,216 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 100,000 | 87,820 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.25 | 07/01/25 | 297,000 | 297,630 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 183,000 | 184,798 | ||||||||||
| Caesars Entertainment, Inc.(1) | 8.13 | 07/01/27 | 146,000 | 149,098 | ||||||||||
| Caesars Resort Collection LLC/CRC FinCo., Inc.(1) | 5.75 | 07/01/25 | 84,000 | 84,769 | ||||||||||
| CCM Merger, Inc.(1) | 6.38 | 05/01/26 | 2,000 | 1,957 | ||||||||||
| CDI Escrow Issuer, Inc.(1) | 5.75 | 04/01/30 | 122,000 | 117,745 | ||||||||||
| Cedar Fair LP | 5.25 | 07/15/29 | 50,000 | 46,557 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op | 5.38 | 04/15/27 | 50,000 | 47,949 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op(1) | 5.50 | 05/01/25 | 80,000 | 79,857 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op | 6.50 | 10/01/28 | 22,000 | 21,757 | ||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | 50,000 | 47,407 | ||||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 51,000 | 49,799 | ||||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | 50,000 | 50,390 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 71,000 | 63,380 | ||||||||||
| Cinemark USA, Inc.(1) | 5.88 | 03/15/26 | 45,000 | 43,042 | ||||||||||
| Cinemark USA, Inc.(1) | 8.75 | 05/01/25 | 12,000 | 12,256 | ||||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 3,000 | 2,486 | ||||||||||
| Everi Holdings, Inc.(1) | 5.00 | 07/15/29 | 29,000 | 25,874 | ||||||||||
| International Game Technology PLC(1) | 4.13 | 04/15/26 | 65,000 | 62,462 | ||||||||||
| International Game Technology PLC(1) | 5.25 | 01/15/29 | 25,000 | 24,001 | ||||||||||
| International Game Technology PLC(1) | 6.25 | 01/15/27 | 75,000 | 76,120 | ||||||||||
| International Game Technology PLC(1) | 6.50 | 02/15/25 | 75,000 | 76,018 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 50,000 | 43,545 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 50,000 | 44,875 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | 83,000 | 76,978 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.88 | 11/01/24 | 51,000 | 50,425 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 5.63 | 03/15/26 | 22,000 | 21,432 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 97,000 | 98,220 | ||||||||||
| Merlin Entertainments Ltd.(1) | 5.75 | 06/15/26 | 73,000 | 69,428 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 72,000 | 64,509 | ||||||||||
| Mohegan Tribal Gaming Authority(1) | 8.00 | 02/01/26 | 101,000 | 90,502 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 50,000 | 47,688 | ||||||||||
| Penn Entertainment, Inc.(1) | 4.13 | 07/01/29 | 67,000 | 56,505 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 67,000 | 48,655 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 67,000 | 47,463 | ||||||||||
| Raptor Acquisition Corp./Raptor Co.-Issuer LLC(1) | 4.88 | 11/01/26 | 3,000 | 2,808 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 72,000 | 57,855 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 50,000 | 39,174 | ||||||||||
The accompanying notes are an integral part of these financial statements.
61
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENTERTAINMENT – 18.8% (Continued) | ||||||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | $ | 73,000 | $ | 64,833 | ||||||||
| Scientific Games International, Inc.(1) | 7.00 | 05/15/28 | 52,000 | 51,939 | ||||||||||
| Scientific Games International, Inc.(1) | 7.25 | 11/15/29 | 49,000 | 49,071 | ||||||||||
| Scientific Games International, Inc.(1) | 8.63 | 07/01/25 | 51,000 | 52,210 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 67,000 | 60,362 | ||||||||||
| Six Flags Entertainment Corp.(1) | 4.88 | 07/31/24 | 78,000 | 78,049 | ||||||||||
| Six Flags Entertainment Corp.(1) | 5.50 | 04/15/27 | 50,000 | 47,830 | ||||||||||
| Six Flags Theme Parks, Inc.(1) | 7.00 | 07/01/25 | 28,000 | 28,380 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 28,000 | 26,024 | ||||||||||
| Universal Entertainment Corp.(1) | 8.50 | 12/11/24 | 72,000 | 67,925 | ||||||||||
| Vail Resorts, Inc.(1) | 6.25 | 05/15/25 | 50,000 | 50,434 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 72,000 | 66,359 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 50,000 | 51,261 | ||||||||||
| 3,361,418 | ||||||||||||||
| HOME BUILDERS – 0.5% | ||||||||||||||
| Forestar Group, Inc.(1) | 3.85 | 05/15/26 | 53,000 | 49,076 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 50,000 | 41,062 | ||||||||||
| Winnebago Industries, Inc.(1) | 6.25 | 07/15/28 | 3,000 | 2,906 | ||||||||||
| 93,044 | ||||||||||||||
| INTERNET – 1.4% | ||||||||||||||
| GrubHub Holdings, Inc.(1) | 5.50 | 07/01/27 | 50,000 | 36,565 | ||||||||||
| Photo Holdings Merger Sub, Inc.(1) | 8.50 | 10/01/26 | 77,000 | 33,016 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 5.13 | - | 70,000 | 45,722 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | - | 100,000 | 58,143 | ||||||||||
| Rakuten Group, Inc.(1) | 10.25 | 11/30/24 | 76,000 | 74,906 | ||||||||||
| 248,352 | ||||||||||||||
| LEISURE TIME – 15.9% | ||||||||||||||
| Carnival Corp.(1) | 4.00 | 08/01/28 | 202,000 | 175,312 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/01/27 | 288,000 | 237,341 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 182,000 | 143,015 | ||||||||||
| Carnival Corp.(1) | 7.63 | 03/01/26 | 127,000 | 116,265 | ||||||||||
| Carnival Corp.(1) | 9.88 | 08/01/27 | 83,000 | 85,181 | ||||||||||
| Carnival Corp.(1) | 10.50 | 02/01/26 | 73,000 | 76,282 | ||||||||||
| Carnival Corp.(1) | 10.50 | 06/01/30 | 95,000 | 90,239 | ||||||||||
| Carnival Holdings Bermuda Ltd.(1) | 10.38 | 05/01/28 | 180,000 | 193,697 | ||||||||||
| Constellation Merger Sub, Inc.(1) | 8.50 | 09/15/25 | 35,000 | 27,690 | ||||||||||
| Life Time, Inc.(1) | 5.75 | 01/15/26 | 78,000 | 76,243 | ||||||||||
| Life Time, Inc.(1) | 8.00 | 04/15/26 | 50,000 | 49,767 | ||||||||||
| Lindblad Expeditions Holdings, Inc.(1) | 9.00 | 05/15/28 | 50,000 | 50,199 | ||||||||||
| Lindblad Expeditions LLC(1) | 6.75 | 02/15/27 | 3,000 | 2,823 | ||||||||||
| NCL Corp. Ltd.(1) | 3.63 | 12/15/24 | 34,000 | 31,914 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 03/15/26 | 122,000 | 105,219 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 02/15/27 | 90,000 | 84,981 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 65,000 | 55,097 | ||||||||||
| NCL Corp. Ltd.(1) | 8.38 | 02/01/28 | 71,000 | 71,498 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 22,000 | 17,786 | ||||||||||
The accompanying notes are an integral part of these financial statements.
62
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LEISURE TIME – 15.9% (Continued) | ||||||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | $ | 50,000 | $ | 40,675 | ||||||||
| Royal Caribbean Cruises Ltd.(1) | 4.25 | 07/01/26 | 50,000 | 44,799 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.38 | 07/15/27 | 102,000 | 90,655 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 100,000 | 91,766 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 04/01/28 | 122,000 | 107,694 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 7.25 | 01/15/30 | 50,000 | 50,186 | ||||||||||
| Royal Caribbean Cruises Ltd. | 7.50 | 10/15/27 | 2,000 | 1,895 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 8.25 | 01/15/29 | 40,000 | 42,157 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 9.25 | 01/15/29 | 145,000 | 154,827 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 11.50 | 06/01/25 | 148,000 | 157,265 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 11.63 | 08/15/27 | 100,000 | 106,478 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 09/15/27 | 110,000 | 94,499 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 50,000 | 42,297 | ||||||||||
| Viking Cruises Ltd.(1) | 13.00 | 05/15/25 | 58,000 | 61,122 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 22,000 | 18,614 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 50,000 | 44,519 | ||||||||||
| 2,839,997 | ||||||||||||||
| LODGING – 11.7% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | 90,000 | 86,939 | ||||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 78,000 | 71,486 | ||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 33,000 | 30,422 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 3.30 | 02/15/26 | 50,000 | 45,477 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 122,000 | 104,226 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 75,000 | 67,681 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 102,000 | 90,308 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 90,000 | 85,528 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.38 | 05/01/25 | 40,000 | 39,977 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 47,000 | 46,947 | ||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc(1) | 4.88 | 07/01/31 | 50,000 | 43,789 | ||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc(1) | 5.00 | 06/01/29 | 73,000 | 66,143 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 50,000 | 49,388 | ||||||||||
| Las Vegas Sands Corp. | 2.90 | 06/25/25 | 45,000 | 42,660 | ||||||||||
| Las Vegas Sands Corp. | 3.20 | 08/08/24 | 150,000 | 145,317 | ||||||||||
| Las Vegas Sands Corp. | 3.50 | 08/18/26 | 90,000 | 84,659 | ||||||||||
| Las Vegas Sands Corp. | 3.90 | 08/08/29 | 67,000 | 61,199 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 72,000 | 62,935 | ||||||||||
| MGM Resorts International | 4.63 | 09/01/26 | 50,000 | 47,884 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 50,000 | 46,804 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 83,000 | 81,304 | ||||||||||
| MGM Resorts International | 5.75 | 06/15/25 | 50,000 | 49,928 | ||||||||||
| MGM Resorts International | 6.75 | 05/01/25 | 52,000 | 52,553 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 66,000 | 60,761 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 40,000 | 34,287 | ||||||||||
| Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp.(1) | 5.88 | 05/15/25 | 2,000 | 1,942 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 50,000 | 43,675 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 22,000 | 19,001 | ||||||||||
The accompanying notes are an integral part of these financial statements.
63
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LODGING – 11.7% (Continued) | ||||||||||||||
| Travel + Leisure Co.(1) | 6.63 | 07/31/26 | $ | 162,000 | $ | 161,828 | ||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 50,000 | 46,541 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 83,000 | 79,921 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.50 | 03/01/25 | 152,000 | 150,074 | ||||||||||
| 2,101,584 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.3% | ||||||||||||||
| Gates Global LLC/Gates Corp.(1) | 6.25 | 01/15/26 | 50,000 | 49,563 | ||||||||||
| REAL ESTATE – 3.4% | ||||||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 61,000 | 57,005 | ||||||||||
| Five Point Operating Co. LP/Five Point Capital Corp.(1) | 7.88 | 11/15/25 | 61,000 | 55,148 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 5.75 | 12/01/25 | 56,000 | 54,835 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 52,000 | 43,784 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 50,000 | 40,564 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 77,000 | 69,605 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 51,000 | 39,371 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 34,000 | 27,198 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 128,000 | 99,203 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 95,000 | 67,817 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 83,000 | 61,719 | ||||||||||
| 616,249 | ||||||||||||||
| RETAIL – 15.9% | ||||||||||||||
| Abercrombie & Fitch Management Co.(1) | 8.75 | 07/15/25 | 28,000 | 28,454 | ||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 28,000 | 27,535 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 50,000 | 45,479 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 100,000 | 89,120 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 51,000 | 43,993 | ||||||||||
| At Home Group, Inc.(1) | 4.88 | 07/15/28 | 22,000 | 14,311 | ||||||||||
| At Home Group, Inc.(1) | 7.13 | 07/15/29 | 50,000 | 28,045 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 77,000 | 73,723 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 77,000 | 74,005 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 50,000 | 44,570 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 95,000 | 86,113 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 40,000 | 35,333 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 50,000 | 50,863 | ||||||||||
| Carvana Co.(1) | 4.88 | 09/01/29 | 51,000 | 20,597 | ||||||||||
| Carvana Co.(1) | 5.50 | 04/15/27 | 65,000 | 28,050 | ||||||||||
| Carvana Co.(1) | 5.63 | 10/01/25 | 30,000 | 19,217 | ||||||||||
| Carvana Co.(1) | 5.88 | 10/01/28 | 31,000 | 12,892 | ||||||||||
| Carvana Co.(1) | 10.25 | 05/01/30 | 270,000 | 148,292 | ||||||||||
| Evergreen Acqco 1 LP/TVI, Inc.(1) | 9.75 | 04/26/28 | 50,000 | 50,114 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 78,000 | 68,365 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 122,000 | 98,941 | ||||||||||
| Foot Locker, Inc.(1) | 4.00 | 10/01/29 | 34,000 | 28,799 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 67,000 | 47,511 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 67,000 | 46,879 | ||||||||||
The accompanying notes are an integral part of these financial statements.
64
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 15.9% (Continued) | ||||||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | $ | 72,000 | $ | 63,961 | ||||||||
| Guitar Center, Inc.(1) | 8.50 | 01/15/26 | 50,000 | 44,291 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 3,000 | 2,623 | ||||||||||
| Kohl’s Corp. | 4.25 | 07/17/25 | 25,000 | 23,393 | ||||||||||
| Kohl’s Corp. | 4.63 | 05/01/31 | 42,000 | 28,689 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 44,000 | 25,689 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 95,000 | 81,084 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 97,000 | 84,102 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 50,000 | 42,986 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 10,000 | 9,337 | ||||||||||
| LSF9 Atlantis Holdings LLC/Victra Finance Corp.(1) | 7.75 | 02/15/26 | 78,000 | 73,213 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 40,000 | 28,731 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 23,000 | 15,166 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 04/01/29 | 75,000 | 68,770 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 50,000 | 43,818 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 83,000 | 68,458 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 107,000 | 71,825 | ||||||||||
| NMG Holding Co., Inc./Neiman Marcus Group LLC(1) | 7.13 | 04/01/26 | 100,000 | 93,027 | ||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 66,000 | 56,802 | ||||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 40,000 | 29,749 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 22,000 | 17,235 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 84,000 | 52,634 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 28,000 | 27,055 | ||||||||||
| Penske Automotive Group, Inc. | 3.50 | 09/01/25 | 50,000 | 47,835 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 50,000 | 43,544 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 4.75 | 02/15/28 | 102,000 | 96,523 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 7.75 | 02/15/29 | 100,000 | 98,704 | ||||||||||
| QVC, Inc. | 4.38 | 09/01/28 | 50,000 | 24,667 | ||||||||||
| QVC, Inc. | 4.45 | 02/15/25 | 50,000 | 36,812 | ||||||||||
| QVC, Inc. | 4.75 | 02/15/27 | 83,000 | 42,018 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 28,000 | 12,071 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 22,000 | 9,155 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 5.63 | 12/01/25 | 52,000 | 51,425 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 50,000 | 42,002 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 50,000 | 40,424 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 50,000 | 40,490 | ||||||||||
| 2,849,509 | ||||||||||||||
| SOFTWARE – 0.2% | ||||||||||||||
| CWT Travel Group, Inc.(1) | 8.50 | 11/19/26 | 61,000 | 43,316 | ||||||||||
| TEXTILES – 0.3% | ||||||||||||||
| Eagle Intermediate Global Holding BV/Eagle US Finance LLC(1) | 7.50 | 05/01/25 | 71,000 | 46,061 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $17,526,808) | 17,403,050 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
65
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.3% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 0.7% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 07/11/23 | $ | 125,000 | $ | 123,801 | ||||||||
| TIME DEPOSITS – 0.6% | ||||||||||||||
| JP Morgan Chase, New York | 4.18 | 05/01/23 | 112,884 | 112,884 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $236,738) | 236,685 | |||||||||||||
| TOTAL INVESTMENTS – 98.5% (Cost - $17,763,546) | $ | 17,639,735 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.5% | 260,566 | |||||||||||||
| NET ASSETS – 100.0% | $ | 17,900,301 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $12,583,767 and represents 70.3% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
| (2) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
66
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.4% | ||||||||||||||
| AGRICULTURE – 2.8% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | $ | 38,000 | $ | 37,292 | ||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 62,000 | 61,392 | ||||||||||
| Turning Point Brands, Inc.(1) | 5.63 | 02/15/26 | 20,000 | 18,391 | ||||||||||
| Vector Group Ltd.(1) | 5.75 | 02/01/29 | 60,000 | 53,732 | ||||||||||
| Vector Group Ltd.(1) | 10.50 | 11/01/26 | 39,000 | 39,317 | ||||||||||
| 210,124 | ||||||||||||||
| BEVERAGES – 1.0% | ||||||||||||||
| Primo Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 47,000 | 41,493 | ||||||||||
| Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 42,000 | 35,318 | ||||||||||
| 76,811 | ||||||||||||||
| BUILDING MATERIALS – 0.3% | ||||||||||||||
| Victors Merger Corp.(1) | 6.38 | 05/15/29 | 39,000 | 23,750 | ||||||||||
| CHEMICALS – 1.0% | ||||||||||||||
| Cerdia Finanz GmbH(1) | 10.50 | 02/15/27 | 40,000 | 38,100 | ||||||||||
| Diamond BC BV(1) | 4.63 | 10/01/29 | 38,000 | 37,371 | ||||||||||
| 75,471 | ||||||||||||||
| COMMERCIAL SERVICES – 0.3% | ||||||||||||||
| Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc.(1) | 5.00 | 02/01/26 | 22,000 | 19,931 | ||||||||||
| COSMETICS/PERSONAL CARE – 3.0% | ||||||||||||||
| Coty, Inc.(1) | 5.00 | 04/15/26 | 60,000 | 58,654 | ||||||||||
| Coty, Inc.(1) | 6.50 | 04/15/26 | 30,000 | 29,962 | ||||||||||
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC(1) | 4.75 | 01/15/29 | 35,000 | 32,895 | ||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 38,000 | 33,701 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 42,000 | 40,255 | ||||||||||
| Oriflame Investment Holding PLC(1) | 5.13 | 05/04/26 | 40,000 | 23,920 | ||||||||||
| 219,387 | ||||||||||||||
| ELECTRIC – 26.3% | ||||||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 47,000 | 38,065 | ||||||||||
| Atlantica Sustainable Infrastructure PLC(1) | 4.13 | 06/15/28 | 27,000 | 24,662 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 61,000 | 52,103 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 81,000 | 75,565 | ||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 40,000 | 34,804 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 60,000 | 50,616 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 100,000 | 92,501 | ||||||||||
| Calpine Corp.(1) | 5.25 | 06/01/26 | 27,000 | 26,298 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 60,000 | 51,413 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 21,000 | 17,637 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 60,000 | 56,970 | ||||||||||
| DPL, Inc. | 4.13 | 07/01/25 | 37,000 | 35,614 | ||||||||||
| DPL, Inc. | 4.35 | 04/15/29 | 17,000 | 15,340 | ||||||||||
| Drax FinCo. PLC(1) | 6.63 | 11/01/25 | 38,000 | 37,105 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 35,000 | 36,094 | ||||||||||
The accompanying notes are an integral part of these financial statements.
67
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 26.3% (Continued) | ||||||||||||||
| Emera, Inc. | 6.75 | 06/15/76 | $ | 80,000 | $ | 76,493 | ||||||||
| FirstEnergy Corp. | 1.60 | 01/15/26 | 25,000 | 22,992 | ||||||||||
| FirstEnergy Corp. | 2.05 | 03/01/25 | 15,000 | 14,208 | ||||||||||
| FirstEnergy Corp. | 2.25 | 09/01/30 | 25,000 | 20,658 | ||||||||||
| FirstEnergy Corp. | 2.65 | 03/01/30 | 40,000 | 34,590 | ||||||||||
| FirstEnergy Corp. | 3.40 | 03/01/50 | 60,000 | 42,114 | ||||||||||
| FirstEnergy Corp. | 4.15 | 07/15/27 | 102,000 | 99,341 | ||||||||||
| FirstEnergy Corp. | 5.10 | 07/15/47 | 42,000 | 38,811 | ||||||||||
| FirstEnergy Corp. | 7.38 | 11/15/31 | 40,000 | 45,555 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 21,000 | 18,921 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 3.88 | 10/15/26 | 38,000 | 35,635 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 4.25 | 07/15/24 | 42,000 | 41,436 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 4.50 | 09/15/27 | 39,000 | 36,724 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 41,000 | 34,756 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 62,000 | 50,278 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 75,000 | 60,655 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 42,000 | 38,790 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 85,000 | 82,978 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 41,000 | 38,180 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 67,000 | 63,135 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 67,000 | 61,816 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 20,000 | 18,711 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 27,000 | 28,385 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 81,000 | 72,492 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 82,000 | 78,058 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.50 | 09/01/26 | 77,000 | 75,571 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 82,000 | 80,108 | ||||||||||
| 1,956,178 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.4% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 58,000 | 50,769 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 40,000 | 36,018 | ||||||||||
| Energizer Holdings, Inc.(1) | 6.50 | 12/31/27 | 15,000 | 14,647 | ||||||||||
| 101,434 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 2.0% | ||||||||||||||
| Sunnova Energy Corp.(1) | 5.88 | 09/01/26 | 27,000 | 24,506 | ||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 42,000 | 39,001 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 47,000 | 45,054 | ||||||||||
| Topaz Solar Farms LLC(1) | 5.75 | 09/30/39 | 39,248 | 38,753 | ||||||||||
| 147,314 | ||||||||||||||
| FOOD – 24.6% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.25 | 03/15/26 | 58,000 | 54,614 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 98,000 | 86,933 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 98,000 | 94,877 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 62,000 | 57,898 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 42,000 | 41,631 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 40,000 | 40,542 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 7.50 | 03/15/26 | 40,000 | 41,353 | ||||||||||
The accompanying notes are an integral part of these financial statements.
68
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FOOD – 24.6% (Continued) | ||||||||||||||
| Aragvi Finance International DAC(1) | 8.45 | 04/29/26 | $ | 38,000 | $ | 26,220 | ||||||||
| B&G Foods, Inc. | 5.25 | 04/01/25 | 61,000 | 57,702 | ||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 39,000 | 34,211 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 22,000 | 17,388 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 22,000 | 20,208 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.50 | 04/15/25 | 39,000 | 38,283 | ||||||||||
| FAGE International SA/FAGE USA Dairy Industry, Inc.(1) | 5.63 | 08/15/26 | 20,000 | 18,700 | ||||||||||
| H-Food Holdings LLC/Hearthside Finance Co., Inc.(1) | 8.50 | 06/01/26 | 20,000 | 12,443 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 21,000 | 18,160 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 80,000 | 73,349 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 40,000 | 36,530 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 22,000 | 21,609 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 62,000 | 56,498 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 97,000 | 95,162 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 60,000 | 48,357 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 65,000 | 56,600 | ||||||||||
| Pilgrim’s Pride Corp.(1) | 5.88 | 09/30/27 | 60,000 | 59,770 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 55,000 | 54,475 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 81,000 | 70,954 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 98,000 | 88,603 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 80,000 | 76,163 | ||||||||||
| Post Holdings, Inc.(1) | 5.63 | 01/15/28 | 62,000 | 60,668 | ||||||||||
| Post Holdings, Inc.(1) | 5.75 | 03/01/27 | 26,000 | 25,881 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 20,000 | 20,300 | ||||||||||
| SEG Holding LLC/SEG Finance Corp.(1) | 5.63 | 10/15/28 | 20,000 | 19,042 | ||||||||||
| Sigma Holdco BV(1) | 7.88 | 05/15/26 | 37,000 | 29,726 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 60,000 | 49,636 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 33,000 | 29,236 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 38,000 | 36,104 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 38,000 | 34,786 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 55,000 | 51,210 | ||||||||||
| US Foods, Inc.(1) | 6.25 | 04/15/25 | 67,000 | 67,451 | ||||||||||
| 1,823,273 | ||||||||||||||
| GAS – 2.2% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.50 | 05/20/25 | 46,000 | 44,731 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.63 | 05/20/24 | 42,000 | 41,751 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 38,000 | 35,929 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.88 | 08/20/26 | 42,000 | 40,557 | ||||||||||
| 162,968 | ||||||||||||||
| HOME FURNISHINGS – 1.2% | ||||||||||||||
| Tempur Sealy International, Inc.(1) | 3.88 | 10/15/31 | 55,000 | 45,675 | ||||||||||
| Tempur Sealy International, Inc.(1) | 4.00 | 04/15/29 | 52,000 | 45,547 | ||||||||||
| 91,222 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
69
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOUSEHOLD PRODUCTS/WARES – 3.5% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | $ | 40,000 | $ | 33,750 | ||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 38,000 | 32,613 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 22,000 | 18,556 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 20,000 | 18,965 | ||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 5.00 | 12/31/26 | 32,000 | 29,645 | ||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 7.00 | 12/31/27 | 35,000 | 30,799 | ||||||||||
| Spectrum Brands, Inc.(1) | 3.88 | 03/15/31 | 33,000 | 27,098 | ||||||||||
| Spectrum Brands, Inc.(1) | 5.00 | 10/01/29 | 25,000 | 22,657 | ||||||||||
| Spectrum Brands, Inc.(1) | 5.50 | 07/15/30 | 20,000 | 18,450 | ||||||||||
| Spectrum Brands, Inc. | 5.75 | 07/15/25 | 28,000 | 27,780 | ||||||||||
| 260,313 | ||||||||||||||
| HOUSEWARES – 5.9% | ||||||||||||||
| American Greetings Corp.(1) | 8.75 | 04/15/25 | 3,000 | 2,962 | ||||||||||
| CD&R Smokey Buyer, Inc.(1) | 6.75 | 07/15/25 | 47,000 | 41,477 | ||||||||||
| Newell Brands, Inc. | 4.70 | 04/01/26 | 133,000 | 127,153 | ||||||||||
| Newell Brands, Inc. | 4.88 | 06/01/25 | 33,000 | 32,159 | ||||||||||
| Newell Brands, Inc. | 5.88 | 04/01/36 | 27,000 | 22,953 | ||||||||||
| Newell Brands, Inc. | 6.00 | 04/01/46 | 45,000 | 35,100 | ||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 34,000 | 33,575 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 33,000 | 32,660 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 25,000 | 20,223 | ||||||||||
| Scotts Miracle-Gro Co. | 4.38 | 02/01/32 | 30,000 | 24,275 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 50,000 | 43,341 | ||||||||||
| SWF Escrow Issuer Corp.(1) | 6.50 | 10/01/29 | 40,000 | 24,444 | ||||||||||
| 440,322 | ||||||||||||||
| LEISURE TIME – 0.8% | ||||||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 39,000 | 30,845 | ||||||||||
| Vista Outdoor, Inc.(1) | 4.50 | 03/15/29 | 38,000 | 29,941 | ||||||||||
| 60,786 | ||||||||||||||
| PHARMACEUTICALS – 1.8% | ||||||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 60,000 | 61,523 | ||||||||||
| Herbalife Nutrition Ltd./HLF Financing, Inc.(1) | 7.88 | 09/01/25 | 41,000 | 39,299 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 40,000 | 30,660 | ||||||||||
| 131,482 | ||||||||||||||
| RETAIL – 18.3% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 48,000 | 43,200 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 102,000 | 95,811 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 198,000 | 173,029 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 47,000 | 43,997 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 5.75 | 04/15/25 | 33,000 | 33,108 | ||||||||||
| 99 Escrow Issuer, Inc.(1) | 7.50 | 01/15/26 | 20,000 | 7,838 | ||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 27,000 | 21,902 | ||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 20,000 | 18,061 | ||||||||||
| Brinker International, Inc.(1) | 5.00 | 10/01/24 | 21,000 | 20,582 | ||||||||||
| Carrols Restaurant Group, Inc.(1) | 5.88 | 07/01/29 | 20,000 | 16,573 | ||||||||||
| CEC Entertainment LLC(1) | 6.75 | 05/01/26 | 42,000 | 39,963 | ||||||||||
The accompanying notes are an integral part of these financial statements.
70
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 18.3% (Continued) | ||||||||||||||
| Dave & Buster’s, Inc.(1) | 7.63 | 11/01/25 | $ | 27,000 | $ | 27,478 | ||||||||
| eG Global Finance PLC(1) | 6.75 | 02/07/25 | 53,000 | 50,281 | ||||||||||
| eG Global Finance PLC(1) | 8.50 | 10/30/25 | 40,000 | 38,163 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.38 | 04/01/26 | 40,000 | 37,330 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 59,000 | 49,910 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 21,000 | 12,462 | ||||||||||
| IRB Holding Corp.(1) | 7.00 | 06/15/25 | 47,000 | 47,623 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 53,000 | 52,218 | ||||||||||
| Marks & Spencer PLC(1) | 7.13 | 12/01/37 | 20,000 | 18,738 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 27,000 | 23,126 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 40,000 | 37,155 | ||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | 20,000 | 19,735 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 22,000 | 19,029 | ||||||||||
| Rite Aid Corp.(1) | 8.00 | 11/15/26 | 80,000 | 43,358 | ||||||||||
| Sizzling Platter LLC/Sizzling Platter Finance Corp.(1) | 8.50 | 11/28/25 | 25,000 | 23,152 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 42,000 | 36,822 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 25,000 | 24,405 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 68,000 | 60,153 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 73,000 | 68,153 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 54,000 | 52,286 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 30,000 | 26,563 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 65,000 | 63,462 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 10,000 | 10,696 | ||||||||||
| 1,356,362 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 2.0% | ||||||||||||||
| Mattel, Inc.(1) | 3.38 | 04/01/26 | 40,000 | 37,875 | ||||||||||
| Mattel, Inc.(1) | 3.75 | 04/01/29 | 40,000 | 36,147 | ||||||||||
| Mattel, Inc. | 5.45 | 11/01/41 | 20,000 | 17,804 | ||||||||||
| Mattel, Inc.(1) | 5.88 | 12/15/27 | 40,000 | 40,085 | ||||||||||
| Mattel, Inc. | 6.20 | 10/01/40 | 20,000 | 18,996 | ||||||||||
| 150,907 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $7,417,389) | 7,308,035 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.6% | ||||||||||||||
| TIME DEPOSITS – 0.6% | ||||||||||||||
| JP Morgan Chase, New York | 4.18 | 05/01/23 | 43,838 | 43,838 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $43,838) | 43,838 | |||||||||||||
| TOTAL INVESTMENTS – 99.0% (Cost - $7,461,227) | $ | 7,351,873 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.0% | 73,740 | |||||||||||||
| NET ASSETS – 100.0% | $ | 7,425,613 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $5,271,367 and represents 71.0% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
71
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.3% | ||||||||||||||
| ADVERTISING – 1.2% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 25,000 | $ | 19,476 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 5.13 | 08/15/27 | 45,000 | 40,709 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | 10,000 | 8,574 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 15,000 | 12,678 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 25,000 | 23,114 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 25,000 | 21,757 | ||||||||||
| Summer BC Bidco B LLC(1) | 5.50 | 10/31/26 | 10,000 | 8,401 | ||||||||||
| 134,709 | ||||||||||||||
| AEROSPACE/DEFENSE – 3.7% | ||||||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 30,000 | 28,486 | ||||||||||
| Bombardier, Inc.(1) | 7.13 | 06/15/26 | 25,000 | 24,948 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 03/15/25 | 11,000 | 11,015 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 25,000 | 24,616 | ||||||||||
| Bombardier, Inc.(1) | 7.88 | 04/15/27 | 50,000 | 49,910 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 7.50 | 04/15/25 | 35,000 | 34,821 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 25,000 | 22,656 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 20,000 | 18,198 | ||||||||||
| TransDigm, Inc. | 5.50 | 11/15/27 | 50,000 | 48,063 | ||||||||||
| TransDigm, Inc.(1) | 6.25 | 03/15/26 | 70,000 | 70,440 | ||||||||||
| TransDigm, Inc. | 6.38 | 06/15/26 | 15,000 | 15,001 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 25,000 | 25,420 | ||||||||||
| TransDigm, Inc. | 7.50 | 03/15/27 | 25,000 | 25,160 | ||||||||||
| Triumph Group, Inc.(1) | 9.00 | 03/15/28 | 30,000 | 30,449 | ||||||||||
| 429,183 | ||||||||||||||
| AIRLINES – 1.1% | ||||||||||||||
| American Airlines, Inc.(1) | 11.75 | 07/15/25 | 75,000 | 82,594 | ||||||||||
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.(1) | 5.75 | 01/20/26 | 35,000 | 32,640 | ||||||||||
| United Airlines Holdings, Inc. | 4.88 | 01/15/25 | 10,000 | 9,844 | ||||||||||
| 125,078 | ||||||||||||||
| APPAREL – 0.4% | ||||||||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | 15,000 | 12,680 | ||||||||||
| Hanesbrands, Inc.(1) | 4.88 | 05/15/26 | 20,000 | 18,872 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 15,000 | 15,372 | ||||||||||
| 46,924 | ||||||||||||||
| AUTO MANUFACTURERS – 0.8% | ||||||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 10,000 | 8,658 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 7.75 | 10/15/25 | 50,000 | 49,708 | ||||||||||
| JB Poindexter & Co., Inc.(1) | 7.13 | 04/15/26 | 15,000 | 14,494 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 20,000 | 17,427 | ||||||||||
| 90,287 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
72
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO PARTS & EQUIPMENT – 1.7% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 4.88 | 08/15/26 | $ | 25,000 | $ | 24,065 | ||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 20,000 | 16,625 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 15,000 | 13,923 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.25 | 05/15/26 | 30,000 | 29,895 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 20,000 | 20,101 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 10,000 | 9,460 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 05/31/26 | 25,000 | 24,319 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 15,000 | 13,025 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 20,000 | 17,268 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 10,000 | 8,665 | ||||||||||
| Goodyear Tire & Rubber Co. | 9.50 | 05/31/25 | 25,000 | 25,631 | ||||||||||
| 202,977 | ||||||||||||||
| BANKS – 0.4% | ||||||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 20,000 | 16,221 | ||||||||||
| Freedom Mortgage Corp.(1) | 7.63 | 05/01/26 | 25,000 | 21,408 | ||||||||||
| Freedom Mortgage Corp.(1) | 8.13 | 11/15/24 | 15,000 | 14,466 | ||||||||||
| 52,095 | ||||||||||||||
| BEVERAGES – 0.2% | ||||||||||||||
| Primo Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 30,000 | 26,485 | ||||||||||
| BIOTECHNOLOGY – 0.1% | ||||||||||||||
| Grifols Escrow Issuer SA(1) | 4.75 | 10/15/28 | 20,000 | 16,057 | ||||||||||
| BUILDING MATERIALS – 0.9% | ||||||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 20,000 | 18,975 | ||||||||||
| Eco Material Technologies, Inc.(1) | 7.88 | 01/31/27 | 15,000 | 14,419 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 30,000 | 27,712 | ||||||||||
| JELD-WEN, Inc.(1) | 4.63 | 12/15/25 | 10,000 | 9,665 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 10,000 | 8,764 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 5,000 | 4,206 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 15,000 | 13,441 | ||||||||||
| PGT Innovations, Inc.(1) | 4.38 | 10/01/29 | 5,000 | 4,538 | ||||||||||
| 101,720 | ||||||||||||||
| CHEMICALS – 2.7% | ||||||||||||||
| ASP Unifrax Holdings, Inc.(1) | 5.25 | 09/30/28 | 25,000 | 20,625 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 15,000 | 12,985 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 15,000 | 14,505 | ||||||||||
| Cerdia Finanz GmbH(1) | 10.50 | 02/15/27 | 20,000 | 19,050 | ||||||||||
| Cornerstone Chemical Co.(1) | 10.25 | 09/01/27 | 10,000 | 8,913 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 15,000 | 13,558 | ||||||||||
| Diamond BC BV(1) | 4.63 | 10/01/29 | 15,000 | 14,752 | ||||||||||
| Mativ Holdings, Inc.(1) | 6.88 | 10/01/26 | 10,000 | 9,127 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 20,000 | 17,080 | ||||||||||
| Rain CII Carbon LLC/CII Carbon Corp.(1) | 7.25 | 04/01/25 | 20,000 | 19,405 | ||||||||||
| Rayonier AM Products, Inc.(1) | 7.63 | 01/15/26 | 10,000 | 8,911 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 30,000 | 27,040 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 20,000 | 18,431 | ||||||||||
The accompanying notes are an integral part of these financial statements.
73
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 2.7% (Continued) | ||||||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | $ | 15,000 | $ | 12,785 | ||||||||
| Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.(1) | 5.13 | 04/01/29 | 15,000 | 9,314 | ||||||||||
| Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.(1) | 5.38 | 09/01/25 | 10,000 | 8,392 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 30,000 | 24,933 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 10,000 | 8,324 | ||||||||||
| Valvoline, Inc.(1) | 4.25 | 02/15/30 | 15,000 | 14,719 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 30,000 | 25,906 | ||||||||||
| 308,755 | ||||||||||||||
| COMMERCIAL SERVICES – 5.5% | ||||||||||||||
| Albion Financing 2Sarl(1) | 8.75 | 04/15/27 | 15,000 | 13,109 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.63 | 07/15/26 | 50,000 | 48,265 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 45,000 | 39,139 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 15,000 | 12,993 | ||||||||||
| APX Group, Inc.(1) | 5.75 | 07/15/29 | 20,000 | 17,889 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 25,000 | 22,702 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 25,000 | 23,720 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 10,000 | 8,298 | ||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 20,000 | 16,371 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 15,000 | 13,799 | ||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 35,000 | 33,482 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 15,000 | 13,525 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 25,000 | 20,476 | ||||||||||
| Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc.(1) | 5.00 | 02/01/26 | 10,000 | 9,060 | ||||||||||
| MoneyGram International, Inc.(1) | 5.38 | 08/01/26 | 10,000 | 9,963 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.50 | 09/01/28 | 25,000 | 19,136 | ||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | 50,000 | 47,109 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 35,000 | 31,657 | ||||||||||
| Nielsen Finance LLC/Nielsen Finance Co.(1) | 4.75 | 07/15/31 | 25,000 | 11,669 | ||||||||||
| Nielsen Finance LLC/Nielsen Finance Co.(1) | 5.63 | 10/01/28 | 30,000 | 12,219 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 20,000 | 15,650 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 6.25 | 01/15/28 | 35,000 | 32,816 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 20,000 | 18,019 | ||||||||||
| Sabre GLBL, Inc.(1) | 7.38 | 09/01/25 | 25,000 | 22,244 | ||||||||||
| Sabre GLBL, Inc.(1) | 9.25 | 04/15/25 | 20,000 | 18,470 | ||||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 30,000 | 28,169 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 10,000 | 8,270 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 5,000 | 4,395 | ||||||||||
| WASH Multifamily Acquisition, Inc.(1) | 5.75 | 04/15/26 | 25,000 | 23,464 | ||||||||||
| Williams Scotsman International, Inc.(1) | 4.63 | 08/15/28 | 15,000 | 13,788 | ||||||||||
| Williams Scotsman International, Inc.(1) | 6.13 | 06/15/25 | 10,000 | 9,963 | ||||||||||
| WW International, Inc.(1) | 4.50 | 04/15/29 | 15,000 | 9,587 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 15,000 | 13,116 | ||||||||||
| 642,532 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
74
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMPUTERS – 0.7% | ||||||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | $ | 15,000 | $ | 12,343 | ||||||||
| NCR Corp.(1) | 5.00 | 10/01/28 | 25,000 | 21,831 | ||||||||||
| NCR Corp.(1) | 5.13 | 04/15/29 | 40,000 | 34,644 | ||||||||||
| NCR Corp.(1) | 5.25 | 10/01/30 | 15,000 | 12,626 | ||||||||||
| 81,444 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.3% | ||||||||||||||
| Coty, Inc.(1) | 6.50 | 04/15/26 | 20,000 | 19,975 | ||||||||||
| Oriflame Investment Holding PLC(1) | 5.13 | 05/04/26 | 15,000 | 8,970 | ||||||||||
| 28,945 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.5% | ||||||||||||||
| G-III Apparel Group Ltd.(1) | 7.88 | 08/15/25 | 10,000 | 9,420 | ||||||||||
| H&E Equipment Services, Inc.(1) | 3.88 | 12/15/28 | 30,000 | 26,029 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 7.75 | 03/15/31 | 20,000 | 21,275 | ||||||||||
| 56,724 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.1% | ||||||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 15,000 | 13,958 | ||||||||||
| Castlelake Aviation Finance DAC(1) | 5.00 | 04/15/27 | 10,000 | 8,854 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 25,000 | 15,125 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 25,000 | 13,993 | ||||||||||
| Enova International, Inc.(1) | 8.50 | 09/15/25 | 20,000 | 19,211 | ||||||||||
| LFS Topco LLC(1) | 5.88 | 10/15/26 | 20,000 | 17,571 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.13 | 12/15/30 | 25,000 | 20,500 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.75 | 11/15/31 | 25,000 | 20,816 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.00 | 01/15/27 | 20,000 | 18,975 | ||||||||||
| NFP Corp.(1) | 4.88 | 08/15/28 | 15,000 | 13,667 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 10,000 | 9,301 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 35,000 | 28,795 | ||||||||||
| PHH Mortgage Corp.(1) | 7.88 | 03/15/26 | 10,000 | 8,997 | ||||||||||
| VistaJet Malta Finance PLC/XO Management Holding, Inc.(1) | 6.38 | 02/01/30 | 30,000 | 25,987 | ||||||||||
| VistaJet Malta Finance PLC/XO Management Holding, Inc.(1) | 7.88 | 05/01/27 | 10,000 | 9,510 | ||||||||||
| 245,260 | ||||||||||||||
| ELECTRIC – 0.5% | ||||||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 25,000 | 21,090 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 45,000 | 41,625 | ||||||||||
| 62,715 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.3% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 25,000 | 21,883 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 20,000 | 18,009 | ||||||||||
| 39,892 | ||||||||||||||
| ELECTRONICS – 0.3% | ||||||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | 30,000 | 27,040 | ||||||||||
| Likewize Corp.(1) | 9.75 | 10/15/25 | 10,000 | 8,949 | ||||||||||
| 35,989 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
75
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENERGY-ALTERNATE SOURCES – 0.2% | ||||||||||||||
| Enviva Partners LP/Enviva Partners Finance Corp.(1) | 6.50 | 01/15/26 | $ | 20,000 | $ | 17,080 | ||||||||
| Sunnova Energy Corp.(1) | 5.88 | 09/01/26 | 10,000 | 9,076 | ||||||||||
| 26,156 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.3% | ||||||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 6.00 | 02/01/26 | 10,000 | 9,410 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.00 | 12/18/25 | 20,000 | 18,886 | ||||||||||
| Promontoria Holding 264 BV(1) | 7.88 | 03/01/27 | 10,000 | 10,121 | ||||||||||
| 38,417 | ||||||||||||||
| ENTERTAINMENT – 5.8% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 5,000 | 4,502 | ||||||||||
| Banijay Entertainment SASU(1) | 5.38 | 03/01/25 | 10,000 | 9,762 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 15,000 | 13,601 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 30,000 | 26,346 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.25 | 07/01/25 | 85,000 | 85,180 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 50,000 | 50,491 | ||||||||||
| Caesars Entertainment, Inc.(1) | 8.13 | 07/01/27 | 40,000 | 40,849 | ||||||||||
| CDI Escrow Issuer, Inc.(1) | 5.75 | 04/01/30 | 35,000 | 33,780 | ||||||||||
| Cedar Fair LP | 5.25 | 07/15/29 | 20,000 | 18,623 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op | 5.38 | 04/15/27 | 10,000 | 9,590 | ||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | 15,000 | 14,222 | ||||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 20,000 | 19,529 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 20,000 | 17,854 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 5,000 | 4,355 | ||||||||||
| Lions Gate Capital Holdings LLC(1) | 5.50 | 04/15/29 | 25,000 | 18,238 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | 25,000 | 23,186 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 25,000 | 25,315 | ||||||||||
| Merlin Entertainments Ltd.(1) | 5.75 | 06/15/26 | 10,000 | 9,511 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 15,000 | 13,439 | ||||||||||
| Mohegan Tribal Gaming Authority(1) | 8.00 | 02/01/26 | 25,000 | 22,401 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 25,000 | 23,792 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 35,000 | 25,417 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 25,000 | 22,203 | ||||||||||
| Scientific Games International, Inc.(1) | 7.00 | 05/15/28 | 25,000 | 24,971 | ||||||||||
| Scientific Games International, Inc.(1) | 7.25 | 11/15/29 | 20,000 | 20,029 | ||||||||||
| Scientific Games International, Inc.(1) | 8.63 | 07/01/25 | 10,000 | 10,237 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 15,000 | 13,514 | ||||||||||
| Six Flags Entertainment Corp.(1) | 4.88 | 07/31/24 | 25,000 | 25,016 | ||||||||||
| Six Flags Entertainment Corp.(1) | 5.50 | 04/15/27 | 10,000 | 9,566 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 20,000 | 18,433 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 15,000 | 15,378 | ||||||||||
| 669,330 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.9% | ||||||||||||||
| Covanta Holding Corp.(1) | 4.88 | 12/01/29 | 20,000 | 17,818 | ||||||||||
| Covanta Holding Corp. | 5.00 | 09/01/30 | 10,000 | 8,866 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 20,000 | 18,274 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 15,000 | 13,591 | ||||||||||
The accompanying notes are an integral part of these financial statements.
76
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENVIRONMENTAL CONTROL – 0.9% (Continued) | ||||||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | $ | 20,000 | $ | 18,634 | ||||||||
| Harsco Corp.(1) | 5.75 | 07/31/27 | 15,000 | 12,685 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 20,000 | 17,614 | ||||||||||
| 107,482 | ||||||||||||||
| FOOD – 2.3% | ||||||||||||||
| Aragvi Finance International DAC(1) | 8.45 | 04/29/26 | 20,000 | 13,800 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 15,000 | 13,778 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 30,000 | 27,338 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 30,000 | 29,431 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 24,000 | 21,023 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 10,000 | 9,041 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 55,000 | 52,362 | ||||||||||
| Post Holdings, Inc.(1) | 5.63 | 01/15/28 | 40,000 | 39,141 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 25,000 | 20,682 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 15,000 | 14,252 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 15,000 | 13,731 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 20,000 | 18,622 | ||||||||||
| 273,201 | ||||||||||||||
| FOOD SERVICE – 0.8% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 04/01/25 | 20,000 | 19,822 | ||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 25,000 | 23,843 | ||||||||||
| Aramark Services, Inc.(1) | 6.38 | 05/01/25 | 40,000 | 40,052 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 5,000 | 4,448 | ||||||||||
| 88,165 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.2% | ||||||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 25,000 | 20,904 | ||||||||||
| GAS – 0.6% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.50 | 05/20/25 | 15,000 | 14,586 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.63 | 05/20/24 | 20,000 | 19,882 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 15,000 | 14,182 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.88 | 08/20/26 | 20,000 | 19,313 | ||||||||||
| 67,963 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.3% | ||||||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 100,000 | 87,585 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 75,000 | 64,946 | ||||||||||
| 152,531 | ||||||||||||||
| HEALTHCARE-SERVICES – 5.9% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 10,000 | 9,476 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 10,000 | 9,666 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.13 | 02/15/29 | 10,000 | 8,520 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.50 | 04/01/30 | 20,000 | 16,977 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 5.00 | 07/15/27 | 10,000 | 9,615 | ||||||||||
The accompanying notes are an integral part of these financial statements.
77
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 5.9% (Continued) | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | $ | 30,000 | $ | 24,229 | ||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 30,000 | 25,032 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.63 | 03/15/27 | 65,000 | 60,065 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 25,000 | 22,183 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 03/15/26 | 45,000 | 44,659 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 35,000 | 28,216 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 70,000 | 61,038 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 25,000 | 23,606 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 10,000 | 8,976 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 25,000 | 23,085 | ||||||||||
| Global Medical Response, Inc.(1) | 6.50 | 10/01/25 | 20,000 | 12,321 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 15,000 | 13,432 | ||||||||||
| Legacy LifePoint Health LLC(1) | 4.38 | 02/15/27 | 20,000 | 17,045 | ||||||||||
| Legacy LifePoint Health LLC(1) | 6.75 | 04/15/25 | 20,000 | 19,270 | ||||||||||
| ModivCare Escrow Issuer, Inc.(1) | 5.00 | 10/01/29 | 15,000 | 12,112 | ||||||||||
| ModivCare, Inc.(1) | 5.88 | 11/15/25 | 15,000 | 14,348 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 7.25 | 11/01/25 | 20,000 | 18,076 | ||||||||||
| RP Escrow Issuer LLC(1) | 5.25 | 12/15/25 | 20,000 | 14,050 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 08/15/26 | 30,000 | 29,416 | ||||||||||
| Syneos Health, Inc.(1) | 3.63 | 01/15/29 | 20,000 | 16,732 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 09/01/24 | 20,000 | 19,899 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 75,000 | 72,856 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 35,000 | 34,874 | ||||||||||
| US Acute Care Solutions LLC(1) | 6.38 | 03/01/26 | 15,000 | 13,404 | ||||||||||
| 683,178 | ||||||||||||||
| HOME BUILDERS – 0.7% | ||||||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 10,000 | 8,360 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 15,000 | 12,444 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 20,000 | 18,527 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 20,000 | 15,657 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 20,000 | 18,353 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 10,000 | 8,212 | ||||||||||
| 81,553 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.5% | ||||||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 5.00 | 12/31/26 | 10,000 | 9,264 | ||||||||||
| Spectrum Brands, Inc.(1) | 3.88 | 03/15/31 | 25,000 | 20,528 | ||||||||||
| Spectrum Brands, Inc. | 5.75 | 07/15/25 | 25,000 | 24,804 | ||||||||||
| 54,596 | ||||||||||||||
| HOUSEWARES – 0.4% | ||||||||||||||
| CD&R Smokey Buyer, Inc.(1) | 6.75 | 07/15/25 | 15,000 | 13,238 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 20,000 | 16,178 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 15,000 | 13,002 | ||||||||||
| 42,418 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
78
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 0.9% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | $ | 25,000 | $ | 20,949 | ||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 4.25 | 10/15/27 | 25,000 | 22,914 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 6.75 | 04/15/28 | 25,000 | 24,996 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 25,000 | 22,708 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 15,000 | 15,192 | ||||||||||
| 106,759 | ||||||||||||||
| INTERNET – 2.2% | ||||||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 15,000 | 11,756 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 35,000 | 30,161 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 10,000 | 8,356 | ||||||||||
| Cogent Communications Group, Inc.(1) | 7.00 | 06/15/27 | 15,000 | 14,864 | ||||||||||
| GrubHub Holdings, Inc.(1) | 5.50 | 07/01/27 | 5,000 | 3,656 | ||||||||||
| Millennium Escrow Corp.(1) | 6.63 | 08/01/26 | 20,000 | 13,548 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 4.75 | 04/30/27 | 10,000 | 8,684 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | - | 40,000 | 23,257 | ||||||||||
| TripAdvisor, Inc.(1) | 7.00 | 07/15/25 | 10,000 | 10,074 | ||||||||||
| Twitter, Inc.(1) | 5.00 | 03/01/30 | 25,000 | 25,506 | ||||||||||
| Uber Technologies, Inc.(1) | 4.50 | 08/15/29 | 35,000 | 32,251 | ||||||||||
| Uber Technologies, Inc.(1) | 6.25 | 01/15/28 | 15,000 | 15,151 | ||||||||||
| Uber Technologies, Inc.(1) | 7.50 | 05/15/25 | 30,000 | 30,479 | ||||||||||
| Uber Technologies, Inc.(1) | 7.50 | 09/15/27 | 25,000 | 25,822 | ||||||||||
| 253,565 | ||||||||||||||
| INVESTMENT COMPANIES – 0.2% | ||||||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.25 | 04/15/29 | 30,000 | 27,030 | ||||||||||
| IRON/STEEL – 0.5% | ||||||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 10,000 | 9,228 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 15,000 | 13,513 | ||||||||||
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP(1) | 8.75 | 07/15/26 | 25,000 | 24,164 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 10,000 | 7,763 | ||||||||||
| 54,668 | ||||||||||||||
| LEISURE TIME – 4.5% | ||||||||||||||
| Carnival Corp.(1) | 5.75 | 03/01/27 | 70,000 | 57,687 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 45,000 | 35,361 | ||||||||||
| Carnival Corp.(1) | 7.63 | 03/01/26 | 25,000 | 22,887 | ||||||||||
| Carnival Corp.(1) | 9.88 | 08/01/27 | 25,000 | 25,657 | ||||||||||
| Carnival Corp.(1) | 10.50 | 02/01/26 | 20,000 | 20,899 | ||||||||||
| Carnival Corp.(1) | 10.50 | 06/01/30 | 25,000 | 23,747 | ||||||||||
| Carnival Holdings Bermuda Ltd.(1) | 10.38 | 05/01/28 | 35,000 | 37,663 | ||||||||||
| Life Time, Inc.(1) | 5.75 | 01/15/26 | 25,000 | 24,437 | ||||||||||
| Lindblad Expeditions LLC(1) | 6.75 | 02/15/27 | 10,000 | 9,409 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 02/15/27 | 25,000 | 23,606 | ||||||||||
| NCL Corp. Ltd.(1) | 8.38 | 02/01/28 | 15,000 | 15,105 | ||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | 30,000 | 24,405 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 4.25 | 07/01/26 | 25,000 | 22,400 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.38 | 07/15/27 | 25,000 | 22,219 | ||||||||||
The accompanying notes are an integral part of these financial statements.
79
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LEISURE TIME – 4.5% (Continued) | ||||||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | $ | 25,000 | $ | 22,942 | ||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 04/01/28 | 35,000 | 30,896 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 7.25 | 01/15/30 | 15,000 | 15,056 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 9.25 | 01/15/29 | 25,000 | 26,694 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 11.63 | 08/15/27 | 15,000 | 15,972 | ||||||||||
| Viking Cruises Ltd.(1) | 13.00 | 05/15/25 | 20,000 | 21,077 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 25,000 | 22,259 | ||||||||||
| 520,378 | ||||||||||||||
| LODGING – 1.8% | ||||||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc(1) | 4.88 | 07/01/31 | 10,000 | 8,758 | ||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc(1) | 5.00 | 06/01/29 | 30,000 | 27,182 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 20,000 | 17,482 | ||||||||||
| MGM Resorts International | 4.63 | 09/01/26 | 15,000 | 14,365 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 10,000 | 9,361 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 10,000 | 9,796 | ||||||||||
| MGM Resorts International | 5.75 | 06/15/25 | 25,000 | 24,964 | ||||||||||
| MGM Resorts International | 6.75 | 05/01/25 | 10,000 | 10,106 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 15,000 | 13,809 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 10,000 | 8,572 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 15,000 | 14,444 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.50 | 03/01/25 | 50,000 | 49,366 | ||||||||||
| 208,205 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.5% | ||||||||||||||
| Manitowoc Co., Inc.(1) | 9.00 | 04/01/26 | 10,000 | 9,938 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 25,000 | 23,282 | ||||||||||
| Vertiv Group Corp.(1) | 4.13 | 11/15/28 | 25,000 | 22,592 | ||||||||||
| 55,812 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.9% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 10,000 | 8,965 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 35,000 | 36,094 | ||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 15,000 | 15,899 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 45,000 | 42,120 | ||||||||||
| 103,078 | ||||||||||||||
| MEDIA – 7.6% | ||||||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 30,000 | 24,322 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 45,000 | 35,935 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 15,000 | 12,211 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 25,000 | 17,203 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 30,000 | 21,566 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 40,000 | 28,062 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 25,000 | 20,538 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 30,000 | 25,692 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 40,000 | 33,443 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 25,000 | 24,939 | ||||||||||
The accompanying notes are an integral part of these financial statements.
80
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 7.6% (Continued) | ||||||||||||||
| Cumulus Media New Holdings, Inc.(1) | 6.75 | 07/01/26 | $ | 10,000 | $ | 7,338 | ||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 40,000 | 18,486 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 50,000 | 38,285 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 50,000 | 35,639 | ||||||||||
| DISH DBS Corp. | 5.88 | 11/15/24 | 40,000 | 33,145 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 15,000 | 7,531 | ||||||||||
| DISH DBS Corp. | 7.75 | 07/01/26 | 40,000 | 23,155 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 65,000 | 61,474 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 20,000 | 17,118 | ||||||||||
| Gray Escrow II, Inc.(1) | 5.38 | 11/15/31 | 35,000 | 22,471 | ||||||||||
| Gray Television, Inc.(1) | 4.75 | 10/15/30 | 5,000 | 3,235 | ||||||||||
| Gray Television, Inc.(1) | 7.00 | 05/15/27 | 35,000 | 28,390 | ||||||||||
| iHeartCommunications, Inc.(1) | 4.75 | 01/15/28 | 5,000 | 3,899 | ||||||||||
| iHeartCommunications, Inc.(1) | 5.25 | 08/15/27 | 20,000 | 15,824 | ||||||||||
| iHeartCommunications, Inc. | 6.38 | 05/01/26 | 25,000 | 21,488 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 30,000 | 26,674 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 4.50 | 09/15/26 | 25,000 | 19,482 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 10,000 | 6,959 | ||||||||||
| Scripps Escrow, Inc.(1) | 5.88 | 07/15/27 | 20,000 | 14,369 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.13 | 02/15/27 | 15,000 | 12,896 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 5,000 | 3,868 | ||||||||||
| Townsquare Media, Inc.(1) | 6.88 | 02/01/26 | 10,000 | 9,334 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 25,000 | 21,569 | ||||||||||
| Univision Communications, Inc.(1) | 5.13 | 02/15/25 | 40,000 | 39,438 | ||||||||||
| Univision Communications, Inc.(1) | 6.63 | 06/01/27 | 40,000 | 38,567 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 15,000 | 14,408 | ||||||||||
| UPC Holding BV(1) | 5.50 | 01/15/28 | 10,000 | 8,962 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 25,000 | 22,731 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 25,000 | 21,090 | ||||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 10,000 | 8,976 | ||||||||||
| Ziggo Bond Co. BV(1) | 6.00 | 01/15/27 | 40,000 | 37,998 | ||||||||||
| 888,710 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.1% | ||||||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 10,000 | 9,083 | ||||||||||
| MINING – 1.1% | ||||||||||||||
| Compass Minerals International, Inc.(1) | 6.75 | 12/01/27 | 15,000 | 14,400 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 25,000 | 21,540 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 10,000 | 9,309 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 10,000 | 10,013 | ||||||||||
| Hudbay Minerals, Inc.(1) | 4.50 | 04/01/26 | 15,000 | 13,983 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 20,000 | 18,725 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 15,000 | 11,906 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 15,000 | 13,260 | ||||||||||
| New Gold, Inc.(1) | 7.50 | 07/15/27 | 10,000 | 9,649 | ||||||||||
| Taseko Mines Ltd.(1) | 7.00 | 02/15/26 | 10,000 | 9,235 | ||||||||||
| 132,020 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
81
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MISCELLANEOUS MANUFACTURERS – 0.2% | ||||||||||||||
| Gates Global LLC/Gates Corp.(1) | 6.25 | 01/15/26 | $ | 15,000 | $ | 14,869 | ||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 15,000 | 13,215 | ||||||||||
| 28,084 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.1% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 20,000 | 15,411 | ||||||||||
| OIL & GAS – 6.6% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 8.25 | 02/15/26 | 15,000 | 14,582 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 10,000 | 8,990 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 7.00 | 11/01/26 | 25,000 | 24,221 | ||||||||||
| Baytex Energy Corp.(1) | 8.75 | 04/01/27 | 15,000 | 15,453 | ||||||||||
| Berry Petroleum Co. LLC(1) | 7.00 | 02/15/26 | 15,000 | 14,285 | ||||||||||
| California Resources Corp.(1) | 7.13 | 02/01/26 | 15,000 | 15,168 | ||||||||||
| Callon Petroleum Co.(1) | 7.50 | 06/15/30 | 20,000 | 19,019 | ||||||||||
| Callon Petroleum Co.(1) | 8.00 | 08/01/28 | 20,000 | 19,755 | ||||||||||
| Citgo Holding, Inc.(1) | 9.25 | 08/01/24 | 35,000 | 35,302 | ||||||||||
| CITGO Petroleum Corp.(1) | 6.38 | 06/15/26 | 20,000 | 19,502 | ||||||||||
| CITGO Petroleum Corp.(1) | 7.00 | 06/15/25 | 30,000 | 29,895 | ||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 25,000 | 21,486 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 35,000 | 31,724 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.25 | 05/01/26 | 20,000 | 19,184 | ||||||||||
| CVR Energy, Inc.(1) | 5.25 | 02/15/25 | 30,000 | 29,043 | ||||||||||
| Earthstone Energy Holdings LLC(1) | 8.00 | 04/15/27 | 15,000 | 14,655 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.50 | 05/01/28 | 20,000 | 17,755 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 15,000 | 13,676 | ||||||||||
| Gran Tierra Energy, Inc.(1) | 7.75 | 05/23/27 | 15,000 | 11,355 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 9.00 | 07/15/26 | 20,000 | 19,274 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 15,000 | 14,418 | ||||||||||
| MEG Energy Corp.(1) | 7.13 | 02/01/27 | 15,000 | 15,395 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 7.50 | 01/15/26 | 35,000 | 32,762 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 20,000 | 19,424 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 15,000 | 15,378 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.13 | 03/01/28 | 20,000 | 19,771 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 25,000 | 23,683 | ||||||||||
| Permian Resources Operating LLC(1) | 7.75 | 02/15/26 | 10,000 | 10,123 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 5,000 | 4,592 | ||||||||||
| ROCC Holdings LLC(1) | 9.25 | 08/15/26 | 15,000 | 16,106 | ||||||||||
| Rockcliff Energy II LLC(1) | 5.50 | 10/15/29 | 20,000 | 18,106 | ||||||||||
| SM Energy Co. | 5.63 | 06/01/25 | 10,000 | 9,785 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 10,000 | 9,485 | ||||||||||
| SM Energy Co. | 6.75 | 09/15/26 | 20,000 | 19,726 | ||||||||||
| Strathcona Resources Ltd./Alberta(1) | 6.88 | 08/01/26 | 15,000 | 12,702 | ||||||||||
| Talos Production, Inc. | 12.00 | 01/15/26 | 15,000 | 15,877 | ||||||||||
| Tap Rock Resources LLC(1) | 7.00 | 10/01/26 | 15,000 | 14,427 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 25,000 | 25,506 | ||||||||||
| Transocean, Inc.(1) | 8.75 | 02/15/30 | 30,000 | 30,300 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 20,000 | 18,579 | ||||||||||
The accompanying notes are an integral part of these financial statements.
82
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 6.6% (Continued) | ||||||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | $ | 10,000 | $ | 8,838 | ||||||||
| Vital Energy, Inc. | 9.50 | 01/15/25 | 15,000 | 15,105 | ||||||||||
| 764,412 | ||||||||||||||
| OIL & GAS SERVICES – 1.4% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 35,000 | 33,642 | ||||||||||
| CGG SA(1) | 8.75 | 04/01/27 | 15,000 | 12,981 | ||||||||||
| CSI Compressco LP/CSI Compressco Finance, Inc.(1) | 7.50 | 04/01/25 | 10,000 | 9,668 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 20,000 | 19,953 | ||||||||||
| Oceaneering International, Inc. | 4.65 | 11/15/24 | 10,000 | 9,853 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 10,000 | 9,513 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 04/01/26 | 10,000 | 9,905 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 09/01/27 | 20,000 | 19,491 | ||||||||||
| Weatherford International Ltd.(1) | 8.63 | 04/30/30 | 40,000 | 40,787 | ||||||||||
| 165,793 | ||||||||||||||
| PACKAGING & CONTAINERS – 2.1% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 30,000 | 24,470 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 10,000 | 9,825 | ||||||||||
| Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC(1) | 6.00 | 09/15/28 | 20,000 | 16,674 | ||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 25,000 | 23,109 | ||||||||||
| LABL, Inc.(1) | 6.75 | 07/15/26 | 10,000 | 9,921 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 08/15/26 | 60,000 | 60,919 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 35,000 | 35,171 | ||||||||||
| Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc.(1) | 4.38 | 10/15/28 | 20,000 | 17,631 | ||||||||||
| Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC(1) | 4.00 | 10/15/27 | 20,000 | 18,025 | ||||||||||
| Trivium Packaging Finance BV(1) | 5.50 | 08/15/26 | 30,000 | 29,152 | ||||||||||
| 244,897 | ||||||||||||||
| PHARMACEUTICALS – 2.5% | ||||||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 15,000 | 12,169 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 20,000 | 16,568 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 40,000 | 26,390 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.50 | 11/01/25 | 50,000 | 43,649 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.13 | 02/01/27 | 25,000 | 18,041 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 40,000 | 32,450 | ||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 10,000 | 10,254 | ||||||||||
| Cheplapharm Arzneimittel GmbH(1) | 5.50 | 01/15/28 | 15,000 | 13,709 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 20,000 | 19,523 | ||||||||||
| Herbalife Nutrition Ltd./HLF Financing, Inc.(1) | 7.88 | 09/01/25 | 15,000 | 14,377 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 20,000 | 15,330 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 40,000 | 35,681 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 15,000 | 12,047 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 10,000 | 8,712 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 20,000 | 16,969 | ||||||||||
| 295,869 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
83
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 2.4% | ||||||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.63 | 12/15/25 | $ | 25,000 | $ | 25,104 | ||||||||
| FTAI Infra Escrow Holdings LLC(1) | 10.50 | 06/01/27 | 25,000 | 25,274 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 6.50 | 10/01/25 | 25,000 | 24,502 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 15,000 | 14,782 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 01/15/27 | 40,000 | 39,956 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 7.00 | 08/01/27 | 20,000 | 19,354 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 6.75 | 01/15/27 | 15,000 | 14,013 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 35,000 | 29,095 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 7.50 | 02/01/26 | 60,000 | 57,588 | ||||||||||
| Southeast Supply Header LLC(1) | 4.25 | 06/15/24 | 10,000 | 9,450 | ||||||||||
| Summit Midstream Holdings LLC/Summit Midstream Finance Corp.(1) | 8.50 | 10/15/26 | 20,000 | 19,224 | ||||||||||
| 278,342 | ||||||||||||||
| REAL ESTATE – 0.9% | ||||||||||||||
| Five Point Operating Co. LP/Five Point Capital Corp.(1) | 7.88 | 11/15/25 | 20,000 | 18,081 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 25,000 | 19,300 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 25,000 | 19,999 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 15,000 | 11,386 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 20,000 | 14,277 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 25,000 | 18,590 | ||||||||||
| 101,633 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 2.5% | ||||||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 4.88 | 05/15/29 | 20,000 | 17,318 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 5.88 | 10/01/28 | 20,000 | 18,468 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 7.50 | 06/01/25 | 20,000 | 20,124 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 15,000 | 13,521 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 30,000 | 28,238 | ||||||||||
| Rithm Capital Corp.(1) | 6.25 | 10/15/25 | 15,000 | 13,758 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 25,000 | 19,606 | ||||||||||
| Service Properties Trust | 4.35 | 10/01/24 | 30,000 | 28,676 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 10,000 | 7,452 | ||||||||||
| Service Properties Trust | 5.25 | 02/15/26 | 25,000 | 22,234 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 20,000 | 15,923 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 10.50 | 02/15/28 | 60,000 | 57,468 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 20,000 | 17,376 | ||||||||||
| XHR LP(1) | 6.38 | 08/15/25 | 5,000 | 4,935 | ||||||||||
| 285,097 | ||||||||||||||
| RETAIL – 4.9% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 75,000 | 65,541 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 20,000 | 18,722 | ||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 10,000 | 8,112 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 10,000 | 8,833 | ||||||||||
| Brinker International, Inc.(1) | 5.00 | 10/01/24 | 15,000 | 14,701 | ||||||||||
| CEC Entertainment LLC(1) | 6.75 | 05/01/26 | 20,000 | 19,030 | ||||||||||
| Dave & Buster’s, Inc.(1) | 7.63 | 11/01/25 | 15,000 | 15,266 | ||||||||||
The accompanying notes are an integral part of these financial statements.
84
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 4.9% (Continued) | ||||||||||||||
| eG Global Finance PLC(1) | 6.75 | 02/07/25 | $ | 35,000 | $ | 33,204 | ||||||||
| Evergreen Acqco 1 LP/TVI, Inc.(1) | 9.75 | 04/26/28 | 15,000 | 15,034 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.38 | 04/01/26 | 15,000 | 13,999 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 25,000 | 21,148 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 30,000 | 26,294 | ||||||||||
| IRB Holding Corp.(1) | 7.00 | 06/15/25 | 20,000 | 20,265 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 10,000 | 8,744 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 30,000 | 25,605 | ||||||||||
| LSF9 Atlantis Holdings LLC/Victra Finance Corp.(1) | 7.75 | 02/15/26 | 25,000 | 23,466 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 25,000 | 20,620 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 20,000 | 17,299 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 10,000 | 8,711 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 7.75 | 02/15/29 | 25,000 | 24,676 | ||||||||||
| QVC, Inc. | 4.45 | 02/15/25 | 15,000 | 11,044 | ||||||||||
| QVC, Inc. | 4.75 | 02/15/27 | 10,000 | 5,062 | ||||||||||
| QVC, Inc. | 4.85 | 04/01/24 | 15,000 | 12,886 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 10,000 | 4,311 | ||||||||||
| Sizzling Platter LLC/Sizzling Platter Finance Corp.(1) | 8.50 | 11/28/25 | 10,000 | 9,261 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 6.38 | 09/30/26 | 20,000 | 18,176 | ||||||||||
| SRS Distribution, Inc.(1) | 4.63 | 07/01/28 | 20,000 | 17,635 | ||||||||||
| Staples, Inc.(1) | 7.50 | 04/15/26 | 50,000 | 42,224 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 20,000 | 17,535 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 10,000 | 9,762 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 15,000 | 12,147 | ||||||||||
| 569,313 | ||||||||||||||
| SOFTWARE – 2.9% | ||||||||||||||
| Boxer Parent Co., Inc.(1) | 7.13 | 10/02/25 | 10,000 | 9,982 | ||||||||||
| Camelot Finance SA(1) | 4.50 | 11/01/26 | 15,000 | 14,225 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 25,000 | 24,779 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 25,000 | 22,526 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 100,000 | 90,173 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 25,000 | 21,902 | ||||||||||
| Dun & Bradstreet Corp.(1) | 5.00 | 12/15/29 | 15,000 | 13,185 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 25,000 | 21,653 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 4.63 | 05/01/28 | 10,000 | 8,419 | ||||||||||
| MicroStrategy, Inc.(1) | 6.13 | 06/15/28 | 15,000 | 13,573 | ||||||||||
| Rackspace Technology Global, Inc.(1) | 3.50 | 02/15/28 | 15,000 | 6,241 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 50,000 | 48,463 | ||||||||||
| Veritas US, Inc./Veritas Bermuda Ltd.(1) | 7.50 | 09/01/25 | 45,000 | 34,191 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 15,000 | 12,948 | ||||||||||
| 342,260 | ||||||||||||||
| TELECOMMUNICATIONS – 8.1% | ||||||||||||||
| Altice France SA/France(1) | 5.13 | 07/15/29 | 65,000 | 48,116 | ||||||||||
| Altice France SA/France(1) | 5.50 | 01/15/28 | 40,000 | 31,530 | ||||||||||
| Altice France SA/France(1) | 5.50 | 10/15/29 | 40,000 | 29,979 | ||||||||||
| Altice France SA/France(1) | 8.13 | 02/01/27 | 50,000 | 44,691 | ||||||||||
| C&W Senior Financing DAC(1) | 6.88 | 09/15/27 | 30,000 | 26,283 | ||||||||||
The accompanying notes are an integral part of these financial statements.
85
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TELECOMMUNICATIONS – 8.1% (Continued) | ||||||||||||||
| CommScope, Inc.(1) | 4.75 | 09/01/29 | $ | 35,000 | $ | 28,296 | ||||||||
| CommScope, Inc.(1) | 6.00 | 03/01/26 | 35,000 | 33,479 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 6.75 | 10/01/26 | 55,000 | 52,491 | ||||||||||
| Consolidated Communications, Inc.(1) | 5.00 | 10/01/28 | 5,000 | 3,671 | ||||||||||
| Consolidated Communications, Inc.(1) | 6.50 | 10/01/28 | 20,000 | 15,650 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 55,000 | 48,353 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 40,000 | 36,856 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 25,000 | 19,040 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 15,000 | 11,489 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 15,000 | 12,088 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 15,000 | 14,632 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 25,000 | 24,753 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 09/01/27 | 40,000 | 22,560 | ||||||||||
| Hughes Satellite Systems Corp. | 6.63 | 08/01/26 | 20,000 | 18,920 | ||||||||||
| Iliad Holding SASU(1) | 6.50 | 10/15/26 | 35,000 | 33,709 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 10/15/28 | 15,000 | 14,207 | ||||||||||
| Intelsat Jackson Holdings SA(1) | 6.50 | 03/15/30 | 75,000 | 69,398 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 20,000 | 11,203 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 20,000 | 11,274 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.25 | 07/01/28 | 30,000 | 17,523 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.63 | 09/15/27 | 25,000 | 15,467 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.00 | 02/15/27 | 35,000 | 23,412 | ||||||||||
| Maxar Technologies, Inc.(1) | 7.75 | 06/15/27 | 15,000 | 15,916 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 25,000 | 21,347 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 25,000 | 22,386 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 25,000 | 22,626 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 25,000 | 23,402 | ||||||||||
| Telecom Italia SpA/Milano(1) | 5.30 | 05/30/24 | 30,000 | 29,335 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 25,000 | 19,863 | ||||||||||
| Windstream Escrow LLC/Windstream Escrow Finance Corp.(1) | 7.75 | 08/15/28 | 40,000 | 32,983 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 4.00 | 03/01/27 | 40,000 | 30,329 | ||||||||||
| 937,257 | ||||||||||||||
| WATER – 0.1% | ||||||||||||||
| Solaris Midstream Holdings LLC(1) | 7.63 | 04/01/26 | 10,000 | 9,610 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $11,606,271) | 11,430,951 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.7% | ||||||||||||||
| TIME DEPOSITS – 0.7% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 4.18 | 05/01/23 | 82,650 | 82,650 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $82,650) | 82,650 | |||||||||||||
| TOTAL INVESTMENTS – 99.0% (Cost - $11,688,921) | $ | 11,513,601 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.0% | 118,365 | |||||||||||||
| NET ASSETS – 100.0% | $ | 11,631,966 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $9,970,025 and represents 85.7% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. | |
| (2) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
86
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.5% | ||||||||||||||
| ADVERTISING – 0.3% | ||||||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | $ | 35,000 | $ | 30,189 | ||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 50,000 | 46,042 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 60,000 | 53,885 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 30,000 | 28,392 | ||||||||||
| 158,508 | ||||||||||||||
| AEROSPACE/DEFENSE – 1.3% | ||||||||||||||
| Howmet Aerospace, Inc. | 3.00 | 01/15/29 | 75,000 | 67,384 | ||||||||||
| Howmet Aerospace, Inc. | 5.13 | 10/01/24 | 76,000 | 75,792 | ||||||||||
| Howmet Aerospace, Inc. | 5.90 | 02/01/27 | 75,000 | 76,885 | ||||||||||
| Howmet Aerospace, Inc. | 5.95 | 02/01/37 | 45,000 | 45,837 | ||||||||||
| Howmet Aerospace, Inc. | 6.88 | 05/01/25 | 40,000 | 41,250 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 45,000 | 42,377 | ||||||||||
| Rolls-Royce PLC(1) | 3.63 | 10/14/25 | 105,000 | 99,750 | ||||||||||
| Rolls-Royce PLC(1) | 5.75 | 10/15/27 | 65,000 | 64,938 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 90,000 | 96,855 | ||||||||||
| 611,068 | ||||||||||||||
| AGRICULTURE – 0.4% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | 20,000 | 19,627 | ||||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 105,000 | 103,970 | ||||||||||
| Vector Group Ltd.(1) | 5.75 | 02/01/29 | 70,000 | 62,687 | ||||||||||
| 186,284 | ||||||||||||||
| AIRLINES – 2.6% | ||||||||||||||
| Air Canada(1) | 3.88 | 08/15/26 | 95,000 | 88,059 | ||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 40,000 | 39,544 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.50 | 04/20/26 | 250,000 | 245,786 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 275,000 | 261,683 | ||||||||||
| Delta Air Lines, Inc. | 2.90 | 10/28/24 | 75,000 | 72,427 | ||||||||||
| Delta Air Lines, Inc. | 3.75 | 10/28/29 | 45,000 | 40,311 | ||||||||||
| Delta Air Lines, Inc. | 4.38 | 04/19/28 | 20,000 | 18,874 | ||||||||||
| Delta Air Lines, Inc. | 7.38 | 01/15/26 | 80,000 | 84,413 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 30,000 | 30,306 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 55,000 | 55,600 | ||||||||||
| United Airlines, Inc.(1) | 4.38 | 04/15/26 | 190,000 | 181,683 | ||||||||||
| United Airlines, Inc.(1) | 4.63 | 04/15/29 | 145,000 | 131,381 | ||||||||||
| 1,250,067 | ||||||||||||||
| APPAREL – 0.3% | ||||||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 20,000 | 17,015 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 30,000 | 25,397 | ||||||||||
| Under Armour, Inc. | 3.25 | 06/15/26 | 80,000 | 73,543 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 35,000 | 34,609 | ||||||||||
| 150,564 | ||||||||||||||
| AUTO MANUFACTURERS – 3.9% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 55,000 | 47,011 | ||||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 30,000 | 28,629 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 75,000 | 73,958 | ||||||||||
The accompanying notes are an integral part of these financial statements.
87
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO MANUFACTURERS – 3.9% (Continued) | ||||||||||||||
| Ford Motor Co. | 3.25 | 02/12/32 | $ | 80,000 | $ | 62,113 | ||||||||
| Ford Motor Co. | 4.75 | 01/15/43 | 55,000 | 41,389 | ||||||||||
| Ford Motor Co. | 5.29 | 12/08/46 | 40,000 | 32,394 | ||||||||||
| Ford Motor Co. | 6.10 | 08/19/32 | 40,000 | 38,184 | ||||||||||
| Ford Motor Co. | 6.63 | 10/01/28 | 20,000 | 20,385 | ||||||||||
| Ford Motor Co. | 7.40 | 11/01/46 | 10,000 | 10,201 | ||||||||||
| Ford Motor Co. | 7.45 | 07/16/31 | 25,000 | 26,340 | ||||||||||
| Ford Motor Co. | 9.63 | 04/22/30 | 20,000 | 23,283 | ||||||||||
| Ford Motor Credit Co. LLC | 2.30 | 02/10/25 | 30,000 | 27,974 | ||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | 55,000 | 48,855 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/16/28 | 20,000 | 17,338 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/10/29 | 20,000 | 16,615 | ||||||||||
| Ford Motor Credit Co. LLC | 3.37 | 11/17/23 | 50,000 | 49,216 | ||||||||||
| Ford Motor Credit Co. LLC | 3.38 | 11/13/25 | 55,000 | 51,156 | ||||||||||
| Ford Motor Credit Co. LLC | 3.63 | 06/17/31 | 30,000 | 24,767 | ||||||||||
| Ford Motor Credit Co. LLC | 3.82 | 11/02/27 | 20,000 | 17,964 | ||||||||||
| Ford Motor Credit Co. LLC | 4.00 | 11/13/30 | 45,000 | 38,631 | ||||||||||
| Ford Motor Credit Co. LLC | 4.06 | 11/01/24 | 55,000 | 53,523 | ||||||||||
| Ford Motor Credit Co. LLC | 4.13 | 08/17/27 | 30,000 | 27,564 | ||||||||||
| Ford Motor Credit Co. LLC | 4.13 | 08/04/25 | 40,000 | 37,923 | ||||||||||
| Ford Motor Credit Co. LLC | 4.39 | 01/08/26 | 30,000 | 28,537 | ||||||||||
| Ford Motor Credit Co. LLC | 4.95 | 05/28/27 | 35,000 | 33,144 | ||||||||||
| Ford Motor Credit Co. LLC | 5.11 | 05/03/29 | 45,000 | 42,002 | ||||||||||
| Ford Motor Credit Co. LLC | 5.13 | 06/16/25 | 70,000 | 68,248 | ||||||||||
| Ford Motor Credit Co. LLC | 5.58 | 03/18/24 | 45,000 | 44,787 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 11/04/27 | 45,000 | 46,386 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 03/06/30 | 25,000 | 25,705 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 1.13 | 09/16/24 | 40,000 | 37,204 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1)�� | 1.85 | 09/16/26 | 80,000 | 68,305 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.00 | 03/09/26 | 75,000 | 66,129 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.45 | 09/15/28 | 25,000 | 20,092 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.75 | 03/09/28 | 50,000 | 41,630 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 3.52 | 09/17/25 | 125,000 | 116,985 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.35 | 09/17/27 | 200,000 | 183,389 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.81 | 09/17/30 | 210,000 | 184,839 | ||||||||||
| 1,822,795 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.9% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 40,000 | 41,064 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 60,000 | 48,653 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 70,000 | 65,901 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 20,000 | 18,475 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 55,000 | 48,682 | ||||||||||
| ZF North America Capital, Inc.(1) | 4.75 | 04/29/25 | 80,000 | 78,259 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 60,000 | 61,805 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 50,000 | 51,655 | ||||||||||
| 414,494 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
88
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| BANKS – 1.9% | ||||||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | $ | 85,000 | $ | 90,333 | ||||||||
| Intesa Sanpaolo SpA(1) | 4.20 | 06/01/32 | 70,000 | 53,122 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.95 | 06/01/42 | 55,000 | 36,447 | ||||||||||
| Intesa Sanpaolo SpA(1) | 5.02 | 06/26/24 | 205,000 | 199,227 | ||||||||||
| Intesa Sanpaolo SpA(1) | 5.71 | 01/15/26 | 75,000 | 72,266 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 35,000 | 34,686 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | - | 65,000 | 62,599 | ||||||||||
| Texas Capital Bancshares, Inc. | 4.00 | 05/06/31 | 35,000 | 28,308 | ||||||||||
| UniCredit SpA(1) | 5.46 | 06/30/35 | 120,000 | 102,367 | ||||||||||
| UniCredit SpA(1) | 5.86 | 06/19/32 | 85,000 | 77,497 | ||||||||||
| UniCredit SpA(1) | 7.30 | 04/02/34 | 90,000 | 86,211 | ||||||||||
| Western Alliance Bancorp. | 3.00 | 06/15/31 | 50,000 | 38,791 | ||||||||||
| 881,854 | ||||||||||||||
| BUILDING MATERIALS – 1.7% | ||||||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 20,000 | 18,074 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 105,000 | 92,121 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 45,000 | 42,093 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 65,000 | 64,749 | ||||||||||
| James Hardie International Finance DAC(1) | 5.00 | 01/15/28 | 20,000 | 18,875 | ||||||||||
| Louisiana-Pacific Corp.(1) | 3.63 | 03/15/29 | 35,000 | 30,746 | ||||||||||
| Masonite International Corp.(1) | 5.38 | 02/01/28 | 75,000 | 72,296 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 85,000 | 79,659 | ||||||||||
| Standard Industries, Inc./NJ(1) | 3.38 | 01/15/31 | 80,000 | 63,403 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.38 | 07/15/30 | 170,000 | 146,945 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.75 | 01/15/28 | 65,000 | 60,857 | ||||||||||
| Standard Industries, Inc./NJ(1) | 5.00 | 02/15/27 | 55,000 | 52,683 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 5.25 | 01/15/29 | 80,000 | 76,136 | ||||||||||
| 818,637 | ||||||||||||||
| CHEMICALS – 2.6% | ||||||||||||||
| Ashland LLC(1) | 3.38 | 09/01/31 | 45,000 | 37,332 | ||||||||||
| Ashland LLC | 6.88 | 05/15/43 | 25,000 | 25,087 | ||||||||||
| Avient Corp.(1) | 5.75 | 05/15/25 | 55,000 | 55,020 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 60,000 | 61,377 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 50,000 | 41,228 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 100,000 | 88,994 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 55,000 | 48,595 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 50,000 | 47,316 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 35,000 | 34,616 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 3.38 | 01/15/26 | 45,000 | 41,334 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 45,000 | 39,537 | ||||||||||
| Methanex Corp. | 4.25 | 12/01/24 | 20,000 | 19,563 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 55,000 | 52,596 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 30,000 | 28,192 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 50,000 | 41,767 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 40,000 | 36,586 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 30,000 | 24,290 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.88 | 06/01/24 | 95,000 | 93,627 | ||||||||||
The accompanying notes are an integral part of these financial statements.
89
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 2.6% (Continued) | ||||||||||||||
| NOVA Chemicals Corp.(1) | 5.00 | 05/01/25 | $ | 45,000 | $ | 43,718 | ||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 95,000 | 86,091 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 35,000 | 31,142 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 90,000 | 84,145 | ||||||||||
| Olin Corp. | 5.13 | 09/15/27 | 45,000 | 43,588 | ||||||||||
| SPCM SA(1) | 3.13 | 03/15/27 | 40,000 | 35,755 | ||||||||||
| SPCM SA(1) | 3.38 | 03/15/30 | 20,000 | 16,569 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 65,000 | 61,812 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 25,000 | 25,081 | ||||||||||
| 1,244,958 | ||||||||||||||
| COAL – 0.1% | ||||||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 45,000 | 39,221 | ||||||||||
| Warrior Met Coal, Inc.(1) | 7.88 | 12/01/28 | 20,000 | 20,239 | ||||||||||
| 59,460 | ||||||||||||||
| COMMERCIAL SERVICES – 4.1% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 105,000 | 91,337 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 45,000 | 38,991 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 40,000 | 38,041 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 6.13 | 10/15/26 | 35,000 | 31,943 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 25,000 | 22,030 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.63 | 10/01/27 | 50,000 | 46,693 | ||||||||||
| APX Group, Inc.(1) | 6.75 | 02/15/27 | 50,000 | 50,033 | ||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 30,000 | 27,766 | ||||||||||
| Block, Inc. | 2.75 | 06/01/26 | 90,000 | 81,552 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 75,000 | 61,182 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 65,000 | 61,536 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/26 | 70,000 | 70,795 | ||||||||||
| Gartner, Inc.(1) | 3.63 | 06/15/29 | 45,000 | 39,892 | ||||||||||
| Gartner, Inc.(1) | 3.75 | 10/01/30 | 80,000 | 69,949 | ||||||||||
| Gartner, Inc.(1) | 4.50 | 07/01/28 | 60,000 | 56,489 | ||||||||||
| Grand Canyon University | 4.13 | 10/01/24 | 95,000 | 90,526 | ||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 35,000 | 33,289 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 80,000 | 71,601 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 5.75 | 04/15/26 | 175,000 | 173,905 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 70,000 | 59,380 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 50,000 | 44,126 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 20,000 | 19,436 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 105,000 | 101,325 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 4.63 | 11/01/26 | 45,000 | 42,371 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 40,000 | 35,019 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 45,000 | 38,629 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 60,000 | 56,354 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 90,000 | 79,298 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 55,000 | 49,288 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 130,000 | 125,125 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 100,000 | 96,862 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 30,000 | 29,854 | ||||||||||
| 1,934,617 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
90
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMPUTERS – 1.2% | ||||||||||||||
| Crane Nxt Co. | 4.20 | 03/15/48 | $ | 30,000 | $ | 21,343 | ||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 50,000 | 43,552 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 25,000 | 23,144 | ||||||||||
| Seagate HDD Cayman | 4.09 | 06/01/29 | 105,000 | 91,194 | ||||||||||
| Seagate HDD Cayman | 4.13 | 01/15/31 | 13,000 | 10,803 | ||||||||||
| Seagate HDD Cayman | 4.75 | 01/01/25 | 30,000 | 29,208 | ||||||||||
| Seagate HDD Cayman | 4.88 | 06/01/27 | 35,000 | 33,553 | ||||||||||
| Seagate HDD Cayman | 5.75 | 12/01/34 | 20,000 | 17,776 | ||||||||||
| Seagate HDD Cayman(1) | 9.63 | 12/01/32 | 55,850 | 61,305 | ||||||||||
| Unisys Corp.(1) | 6.88 | 11/01/27 | 35,000 | 23,342 | ||||||||||
| Western Digital Corp. | 2.85 | 02/01/29 | 40,000 | 31,684 | ||||||||||
| Western Digital Corp. | 3.10 | 02/01/32 | 45,000 | 32,700 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 180,000 | 171,269 | ||||||||||
| 590,873 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.4% | ||||||||||||||
| Coty, Inc.(1) | 5.00 | 04/15/26 | 50,000 | 48,878 | ||||||||||
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC(1) | 4.75 | 01/15/29 | 40,000 | 37,595 | ||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 30,000 | 26,606 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 55,000 | 52,715 | ||||||||||
| 165,794 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.3% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 45,000 | 41,280 | ||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 20,000 | 16,961 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 6.75 | 03/15/28 | 50,000 | 51,813 | ||||||||||
| Univar Solutions USA, Inc./Washington(1) | 5.13 | 12/01/27 | 45,000 | 45,123 | ||||||||||
| 155,177 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.4% | ||||||||||||||
| AerCap Holdings NV | 5.88 | 10/10/79 | 55,000 | 51,095 | ||||||||||
| Ally Financial, Inc. | 5.75 | 11/20/25 | 75,000 | 72,939 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 50,000 | 45,175 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 30,000 | 28,237 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | 35,000 | 32,584 | ||||||||||
| Credit Acceptance Corp. | 6.63 | 03/15/26 | 50,000 | 47,850 | ||||||||||
| goeasy Ltd.(1) | 5.38 | 12/01/24 | 65,000 | 61,805 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 50,000 | 44,798 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 85,000 | 71,560 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 8.38 | 05/01/28 | 45,000 | 45,076 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 50,000 | 41,057 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 75,000 | 67,828 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 30,000 | 25,831 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 30,000 | 27,056 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 65,000 | 56,024 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 50,000 | 37,547 | ||||||||||
| Navient Corp. | 5.88 | 10/25/24 | 80,000 | 78,728 | ||||||||||
| Navient Corp. | 6.75 | 06/25/25 | 50,000 | 49,230 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 55,000 | 53,637 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 40,000 | 34,212 | ||||||||||
The accompanying notes are an integral part of these financial statements.
91
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.4% (Continued) | ||||||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | $ | 45,000 | $ | 36,156 | ||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 65,000 | 49,163 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 65,000 | 54,748 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 70,000 | 65,011 | ||||||||||
| OneMain Finance Corp. | 6.88 | 03/15/25 | 65,000 | 63,691 | ||||||||||
| OneMain Finance Corp. | 7.13 | 03/15/26 | 185,000 | 180,507 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 25,000 | 21,212 | ||||||||||
| PRA Group, Inc.(1) | 7.38 | 09/01/25 | 25,000 | 24,944 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 40,000 | 39,928 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 2.88 | 10/15/26 | 85,000 | 75,778 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 45,000 | 38,093 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 130,000 | 105,164 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 75,000 | 58,775 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 105,000 | 91,998 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 60,000 | 55,267 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 105,000 | 100,160 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 45,000 | 38,858 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 25,000 | 22,805 | ||||||||||
| 2,094,527 | ||||||||||||||
| ELECTRIC – 4.8% | ||||||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 65,000 | 52,643 | ||||||||||
| Atlantica Sustainable Infrastructure PLC(1) | 4.13 | 06/15/28 | 30,000 | 27,402 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 75,000 | 64,061 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 95,000 | 88,626 | ||||||||||
| Calpine Corp.(1) | 5.25 | 06/01/26 | 60,000 | 58,441 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 95,000 | 81,404 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 25,000 | 20,997 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 65,000 | 61,717 | ||||||||||
| DPL, Inc. | 4.13 | 07/01/25 | 65,000 | 62,565 | ||||||||||
| Drax FinCo. PLC(1) | 6.63 | 11/01/25 | 45,000 | 43,941 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 40,000 | 41,250 | ||||||||||
| Emera, Inc. | 6.75 | 06/15/76 | 100,000 | 95,616 | ||||||||||
| FirstEnergy Corp. | 2.65 | 03/01/30 | 50,000 | 43,238 | ||||||||||
| FirstEnergy Corp. | 3.40 | 03/01/50 | 80,000 | 56,152 | ||||||||||
| FirstEnergy Corp. | 4.15 | 07/15/27 | 200,000 | 194,787 | ||||||||||
| FirstEnergy Corp. | 5.10 | 07/15/47 | 34,000 | 31,419 | ||||||||||
| FirstEnergy Corp. | 7.38 | 11/15/31 | 65,000 | 74,027 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 40,000 | 36,040 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 4.25 | 07/15/24 | 105,000 | 103,590 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 4.50 | 09/15/27 | 45,000 | 42,374 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 65,000 | 52,711 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 125,000 | 101,092 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 70,000 | 64,649 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 95,000 | 92,740 | ||||||||||
| NRG Energy, Inc. | 6.63 | 01/15/27 | 20,000 | 20,089 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 50,000 | 46,561 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 100,000 | 94,232 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 70,000 | 64,583 | ||||||||||
The accompanying notes are an integral part of these financial statements.
92
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 4.8% (Continued) | ||||||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | $ | 20,000 | $ | 18,711 | ||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 45,000 | 47,308 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 145,000 | 129,769 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 85,000 | 80,914 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.50 | 09/01/26 | 55,000 | 53,979 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 115,000 | 112,347 | ||||||||||
| 2,259,975 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.5% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 20,000 | 18,763 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.13 | 06/15/25 | 115,000 | 117,121 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 110,000 | 113,061 | ||||||||||
| 248,945 | ||||||||||||||
| ELECTRONICS – 1.0% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 35,000 | 30,849 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 155,000 | 134,394 | ||||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 140,000 | 126,683 | ||||||||||
| Sensata Technologies BV(1) | 5.00 | 10/01/25 | 45,000 | 44,372 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 55,000 | 54,065 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 55,000 | 47,841 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 45,000 | 38,601 | ||||||||||
| 476,805 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 0.3% | ||||||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 45,000 | 41,787 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 65,000 | 62,309 | ||||||||||
| Topaz Solar Farms LLC(1) | 5.75 | 09/30/39 | 49,137 | 48,516 | ||||||||||
| 152,612 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.9% | ||||||||||||||
| AECOM | 5.13 | 03/15/27 | 100,000 | 98,103 | ||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 30,000 | 27,364 | ||||||||||
| Cellnex Finance Co. SA(1) | 3.88 | 07/07/41 | 55,000 | 40,961 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 45,000 | 41,125 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 80,000 | 74,174 | ||||||||||
| Promontoria Holding 264 BV(1) | 7.88 | 03/01/27 | 35,000 | 35,423 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 30,000 | 25,924 | ||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 45,000 | 38,735 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 30,000 | 26,081 | ||||||||||
| 407,890 | ||||||||||||||
| ENTERTAINMENT – 1.7% | ||||||||||||||
| Caesars Resort Collection LLC/CRC FinCo., Inc.(1) | 5.75 | 07/01/25 | 75,000 | 75,686 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op(1) | 5.50 | 05/01/25 | 80,000 | 79,857 | ||||||||||
| Cinemark USA, Inc.(1) | 8.75 | 05/01/25 | 5,000 | 5,107 | ||||||||||
| International Game Technology PLC(1) | 4.13 | 04/15/26 | 95,000 | 91,291 | ||||||||||
| International Game Technology PLC(1) | 5.25 | 01/15/29 | 40,000 | 38,401 | ||||||||||
| International Game Technology PLC(1) | 6.25 | 01/15/27 | 50,000 | 50,747 | ||||||||||
| International Game Technology PLC(1) | 6.50 | 02/15/25 | 43,000 | 43,584 | ||||||||||
The accompanying notes are an integral part of these financial statements.
93
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENTERTAINMENT – 1.7% (Continued) | ||||||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | $ | 40,000 | $ | 35,900 | ||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 100,000 | 101,258 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 115,000 | 92,407 | ||||||||||
| Six Flags Theme Parks, Inc.(1) | 7.00 | 07/01/25 | 16,000 | 16,217 | ||||||||||
| Vail Resorts, Inc.(1) | 6.25 | 05/15/25 | 40,000 | 40,347 | ||||||||||
| WMG Acquisition Corp.(1) | 3.00 | 02/15/31 | 75,000 | 61,466 | ||||||||||
| WMG Acquisition Corp.(1) | 3.75 | 12/01/29 | 50,000 | 44,047 | ||||||||||
| WMG Acquisition Corp.(1) | 3.88 | 07/15/30 | 30,000 | 26,517 | ||||||||||
| 802,832 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.8% | ||||||||||||||
| Clean Harbors, Inc.(1) | 4.88 | 07/15/27 | 40,000 | 38,777 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 65,000 | 66,389 | ||||||||||
| GFL Environmental, Inc.(1) | 3.50 | 09/01/28 | 45,000 | 40,953 | ||||||||||
| GFL Environmental, Inc.(1) | 3.75 | 08/01/25 | 105,000 | 101,635 | ||||||||||
| GFL Environmental, Inc.(1) | 5.13 | 12/15/26 | 45,000 | 44,336 | ||||||||||
| Stericycle, Inc.(1) | 3.88 | 01/15/29 | 35,000 | 31,528 | ||||||||||
| Stericycle, Inc.(1) | 5.38 | 07/15/24 | 60,000 | 59,724 | ||||||||||
| 383,342 | ||||||||||||||
| FOOD – 2.3% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.25 | 03/15/26 | 95,000 | 89,453 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 125,000 | 110,884 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 145,000 | 140,380 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 65,000 | 60,700 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 55,000 | 54,517 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 50,000 | 50,678 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 45,000 | 38,914 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 75,000 | 68,765 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 45,000 | 41,097 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 50,000 | 49,112 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 60,000 | 48,357 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 105,000 | 91,430 | ||||||||||
| Pilgrim’s Pride Corp.(1) | 5.88 | 09/30/27 | 55,000 | 54,789 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 85,000 | 84,189 | ||||||||||
| US Foods, Inc.(1) | 6.25 | 04/15/25 | 110,000 | 110,740 | ||||||||||
| 1,094,005 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.1% | ||||||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 60,000 | 52,032 | ||||||||||
| HEALTHCARE-PRODUCTS – 0.7% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 75,000 | 66,151 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 120,000 | 112,382 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 70,000 | 63,010 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 20,000 | 19,475 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 75,000 | 72,305 | ||||||||||
| 333,323 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
94
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 2.8% | ||||||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | $ | 45,000 | $ | 39,530 | ||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 35,000 | 30,530 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 45,000 | 41,028 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 10/15/26 | 100,000 | 98,413 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 85,000 | 83,060 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 55,000 | 48,567 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 55,000 | 47,189 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 78,000 | 73,216 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 40,000 | 36,575 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 150,000 | 137,752 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 115,000 | 105,806 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 07/15/24 | 80,000 | 79,433 | ||||||||||
| Tenet Healthcare Corp. | 4.88 | 01/01/26 | 170,000 | 167,668 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 120,000 | 116,582 | ||||||||||
| Tenet Healthcare Corp.(1) | 6.13 | 06/15/30 | 165,000 | 163,352 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 25,000 | 16,097 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 20,000 | 17,575 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 40,000 | 28,250 | ||||||||||
| 1,330,623 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.1% | ||||||||||||||
| Stena International SA(1) | 6.13 | 02/01/25 | 35,000 | 33,983 | ||||||||||
| HOME BUILDERS – 1.6% | ||||||||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 30,000 | 26,278 | ||||||||||
| Century Communities, Inc. | 6.75 | 06/01/27 | 50,000 | 50,283 | ||||||||||
| Forestar Group, Inc.(1) | 3.85 | 05/15/26 | 50,000 | 46,298 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 30,000 | 25,991 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 15,000 | 14,012 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 15,000 | 15,417 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 50,000 | 51,455 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 30,000 | 24,536 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 20,000 | 17,725 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 25,000 | 23,451 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 40,000 | 35,113 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 55,000 | 51,251 | ||||||||||
| Meritage Homes Corp.(1) | 3.88 | 04/15/29 | 55,000 | 49,589 | ||||||||||
| Meritage Homes Corp. | 6.00 | 06/01/25 | 20,000 | 20,128 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 60,000 | 54,673 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 20,000 | 18,774 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 55,000 | 54,577 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 55,000 | 54,922 | ||||||||||
| TRI Pointe Group, Inc./TRI Pointe Homes, Inc. | 5.88 | 06/15/24 | 75,000 | 74,935 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 25,000 | 24,572 | ||||||||||
| Winnebago Industries, Inc.(1) | 6.25 | 07/15/28 | 5,000 | 4,843 | ||||||||||
| 738,823 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
95
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOME FURNISHINGS – 0.2% | ||||||||||||||
| Tempur Sealy International, Inc.(1) | 3.88 | 10/15/31 | $ | 70,000 | $ | 58,133 | ||||||||
| Tempur Sealy International, Inc.(1) | 4.00 | 04/15/29 | 65,000 | 56,933 | ||||||||||
| 115,066 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.3% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | 55,000 | 46,406 | ||||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 70,000 | 60,077 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 30,000 | 25,303 | ||||||||||
| 131,786 | ||||||||||||||
| HOUSEWARES – 0.8% | ||||||||||||||
| Newell Brands, Inc. | 4.70 | 04/01/26 | 145,000 | 138,626 | ||||||||||
| Newell Brands, Inc. | 4.88 | 06/01/25 | 45,000 | 43,854 | ||||||||||
| Newell Brands, Inc. | 5.88 | 04/01/36 | 35,000 | 29,753 | ||||||||||
| Newell Brands, Inc. | 6.00 | 04/01/46 | 50,000 | 39,000 | ||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 50,000 | 49,375 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 55,000 | 54,433 | ||||||||||
| 355,041 | ||||||||||||||
| INSURANCE – 0.9% | ||||||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 45,000 | 43,138 | ||||||||||
| Enstar Finance LLC | 5.50 | 01/15/42 | 45,000 | 32,457 | ||||||||||
| Enstar Finance LLC | 5.75 | 09/01/40 | 25,000 | 20,990 | ||||||||||
| Genworth Holdings, Inc. | 6.50 | 06/15/34 | 25,000 | 22,311 | ||||||||||
| Global Atlantic Finance Co.(1) | 4.70 | 10/15/51 | 60,000 | 48,025 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 85,000 | 68,656 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | 55,000 | 32,809 | ||||||||||
| MGIC Investment Corp. | 5.25 | 08/15/28 | 60,000 | 57,394 | ||||||||||
| NMI Holdings, Inc.(1) | 7.38 | 06/01/25 | 35,000 | 35,624 | ||||||||||
| Ohio National Financial Services, Inc.(1) | 6.63 | 05/01/31 | 25,000 | 23,555 | ||||||||||
| Ohio National Financial Services, Inc.(1) | 6.80 | 01/24/30 | 50,000 | 47,525 | ||||||||||
| 432,484 | ||||||||||||||
| INTERNET – 1.3% | ||||||||||||||
| Cogent Communications Group, Inc.(1) | 3.50 | 05/01/26 | 40,000 | 37,225 | ||||||||||
| Gen Digital, Inc.(1) | 5.00 | 04/15/25 | 85,000 | 84,163 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 75,000 | 75,677 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 55,000 | 55,301 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 55,000 | 47,713 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 40,000 | 38,475 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 45,000 | 36,813 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 45,000 | 38,522 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 45,000 | 41,570 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 20,000 | 18,872 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 30,000 | 28,255 | ||||||||||
| Rakuten Group, Inc.(1) | 10.25 | 11/30/24 | 65,000 | 64,064 | ||||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 30,000 | 26,390 | ||||||||||
| 593,040 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
96
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INVESTMENT COMPANIES – 0.9% | ||||||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | $ | 60,000 | $ | 52,752 | ||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.75 | 09/15/24 | 145,000 | 143,263 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 125,000 | 117,991 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.25 | 05/15/26 | 105,000 | 103,456 | ||||||||||
| 417,462 | ||||||||||||||
| IRON/STEEL – 1.3% | ||||||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 45,000 | 44,674 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 30,000 | 29,774 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 25,000 | 25,598 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 30,000 | 27,211 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 30,000 | 26,388 | ||||||||||
| Cleveland-Cliffs, Inc. | 5.88 | 06/01/27 | 50,000 | 49,149 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 03/15/26 | 60,000 | 61,099 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 65,000 | 63,260 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 55,000 | 48,262 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 25,000 | 22,405 | ||||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 90,000 | 90,876 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 65,000 | 66,207 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 25,000 | 23,668 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 39,000 | 38,362 | ||||||||||
| 616,933 | ||||||||||||||
| LEISURE TIME – 0.9% | ||||||||||||||
| Carnival Corp.(1) | 4.00 | 08/01/28 | 190,000 | 164,897 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 8.25 | 01/15/29 | 80,000 | 84,313 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 11.50 | 06/01/25 | 125,000 | 132,825 | ||||||||||
| Vista Outdoor, Inc.(1) | 4.50 | 03/15/29 | 45,000 | 35,457 | ||||||||||
| 417,492 | ||||||||||||||
| LODGING – 2.5% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | 75,000 | 72,449 | ||||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 75,000 | 68,736 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 3.30 | 02/15/26 | 55,000 | 50,025 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 120,000 | 102,517 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 65,000 | 58,656 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 90,000 | 79,684 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 90,000 | 85,528 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.38 | 05/01/25 | 35,000 | 34,980 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 25,000 | 24,972 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 70,000 | 69,144 | ||||||||||
| Las Vegas Sands Corp. | 2.90 | 06/25/25 | 30,000 | 28,440 | ||||||||||
| Las Vegas Sands Corp. | 3.20 | 08/08/24 | 150,000 | 145,317 | ||||||||||
| Las Vegas Sands Corp. | 3.50 | 08/18/26 | 85,000 | 79,956 | ||||||||||
| Las Vegas Sands Corp. | 3.90 | 08/08/29 | 60,000 | 54,805 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 55,000 | 48,042 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 40,000 | 39,398 | ||||||||||
| Travel + Leisure Co. | 6.60 | 10/01/25 | 75,000 | 75,271 | ||||||||||
| Travel + Leisure Co.(1) | 6.63 | 07/31/26 | 55,000 | 54,942 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 30,000 | 27,924 | ||||||||||
| 1,200,786 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
97
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.2% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | $ | 45,000 | $ | 41,406 | ||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 35,000 | 31,714 | ||||||||||
| 73,120 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.1% | ||||||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/15/28 | 30,000 | 25,245 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 30,000 | 27,129 | ||||||||||
| 52,374 | ||||||||||||||
| MEDIA – 7.2% | ||||||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 105,000 | 72,856 | ||||||||||
| AMC Networks, Inc. | 4.75 | 08/01/25 | 85,000 | 78,957 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 115,000 | 94,313 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 90,000 | 68,657 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 105,000 | 88,284 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 125,000 | 100,227 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 50,000 | 39,857 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 135,000 | 116,338 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 45,000 | 37,287 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 95,000 | 87,976 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 175,000 | 165,391 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 55,000 | 50,505 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 40,000 | 38,050 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 50,000 | 49,029 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 305,000 | 267,994 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 45,000 | 38,593 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 115,000 | 109,394 | ||||||||||
| News Corp.(1) | 3.88 | 05/15/29 | 100,000 | 88,875 | ||||||||||
| News Corp.(1) | 5.13 | 02/15/32 | 25,000 | 23,046 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 85,000 | 74,793 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 140,000 | 131,630 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 50,000 | 38,920 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 100,000 | 85,888 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 30,000 | 23,349 | ||||||||||
| Sinclair Television Group, Inc.(1) | 4.13 | 12/01/30 | 70,000 | 55,749 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.13 | 09/01/26 | 85,000 | 76,163 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.88 | 09/01/31 | 140,000 | 105,951 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.00 | 07/15/28 | 175,000 | 147,934 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.13 | 07/01/30 | 115,000 | 92,369 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.00 | 08/01/27 | 115,000 | 105,911 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.50 | 07/01/29 | 100,000 | 89,188 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 85,000 | 75,994 | ||||||||||
| TEGNA, Inc.(1) | 4.75 | 03/15/26 | 40,000 | 38,238 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 95,000 | 83,268 | ||||||||||
| UPC Broadband FinCo. BV(1) | 4.88 | 07/15/31 | 105,000 | 90,717 | ||||||||||
| Videotron Ltd.(1) | 3.63 | 06/15/29 | 20,000 | 17,315 | ||||||||||
| Videotron Ltd.(1) | 5.13 | 04/15/27 | 85,000 | 82,153 | ||||||||||
| Videotron Ltd.(1) | 5.38 | 06/15/24 | 25,000 | 24,988 | ||||||||||
The accompanying notes are an integral part of these financial statements.
98
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 7.2% (Continued) | ||||||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | $ | 80,000 | $ | 68,613 | ||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 115,000 | 105,698 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 105,000 | 87,740 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 100,000 | 86,226 | ||||||||||
| 3,404,424 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.1% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 50,000 | 49,514 | ||||||||||
| MINING – 1.5% | ||||||||||||||
| Arconic Corp.(1) | 6.00 | 05/15/25 | 70,000 | 69,770 | ||||||||||
| Arconic Corp.(1) | 6.13 | 02/15/28 | 60,000 | 59,271 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.38 | 04/01/31 | 150,000 | 130,474 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.50 | 09/15/27 | 55,000 | 52,330 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.13 | 05/15/24 | 55,000 | 54,731 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.88 | 04/15/30 | 50,000 | 48,537 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 6.13 | 04/15/32 | 55,000 | 53,299 | ||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 70,000 | 64,159 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 45,000 | 37,748 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 135,000 | 122,363 | ||||||||||
| 692,682 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.4% | ||||||||||||||
| Amsted Industries, Inc.(1) | 5.63 | 07/01/27 | 70,000 | 68,721 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 35,000 | 29,957 | ||||||||||
| Hillenbrand, Inc. | 5.00 | 09/15/26 | 25,000 | 24,350 | ||||||||||
| Hillenbrand, Inc. | 5.75 | 06/15/25 | 50,000 | 49,931 | ||||||||||
| Trinity Industries, Inc. | 4.55 | 10/01/24 | 25,000 | 24,404 | ||||||||||
| 197,363 | ||||||||||||||
| OFFICE FURNISHINGS – 0.1% | ||||||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 40,000 | 35,655 | ||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.4% | ||||||||||||||
| Xerox Corp. | 3.80 | 05/15/24 | 25,000 | 24,486 | ||||||||||
| Xerox Corp. | 4.80 | 03/01/35 | 40,000 | 26,433 | ||||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 25,000 | 19,051 | ||||||||||
| Xerox Holdings Corp.(1) | 5.00 | 08/15/25 | 80,000 | 76,324 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 45,000 | 38,843 | ||||||||||
| 185,137 | ||||||||||||||
| OIL & GAS – 7.7% | ||||||||||||||
| Antero Resources Corp.(1) | 5.38 | 03/01/30 | 50,000 | 46,894 | ||||||||||
| Antero Resources Corp.(1) | 7.63 | 02/01/29 | 24,000 | 24,594 | ||||||||||
| Apache Corp. | 4.25 | 01/15/30 | 86,000 | 78,688 | ||||||||||
| Apache Corp. | 4.75 | 04/15/43 | 30,000 | 23,428 | ||||||||||
| Apache Corp. | 5.10 | 09/01/40 | 170,000 | 145,930 | ||||||||||
| Apache Corp. | 5.35 | 07/01/49 | 35,000 | 27,313 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 65,000 | 65,418 | ||||||||||
The accompanying notes are an integral part of these financial statements.
99
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 7.7% (Continued) | ||||||||||||||
| Baytex Energy Corp.(1) | 8.75 | 04/01/27 | $ | 35,000 | $ | 36,058 | ||||||||
| Chesapeake Energy Corp.(1) | 5.50 | 02/01/26 | 20,000 | 19,816 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.88 | 02/01/29 | 45,000 | 43,091 | ||||||||||
| Chesapeake Energy Corp.(1) | 6.75 | 04/15/29 | 85,000 | 84,228 | ||||||||||
| Chord Energy Corp.(1) | 6.38 | 06/01/26 | 25,000 | 24,942 | ||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 40,000 | 37,644 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 45,000 | 41,678 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/14/27 | 24,000 | 23,758 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 55,000 | 53,120 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.63 | 10/15/25 | 132,000 | 130,436 | ||||||||||
| Endeavor Energy Resources LP/EER Finance, Inc.(1) | 5.75 | 01/30/28 | 85,000 | 84,684 | ||||||||||
| Harbour Energy PLC(1) | 5.50 | 10/15/26 | 30,000 | 27,519 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 25,000 | 23,379 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 55,000 | 51,311 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 45,000 | 41,642 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 55,000 | 52,743 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 40,000 | 37,435 | ||||||||||
| Matador Resources Co. | 5.88 | 09/15/26 | 60,000 | 58,920 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 40,000 | 40,298 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/27 | 40,000 | 39,390 | ||||||||||
| Murphy Oil Corp. | 6.13 | 12/01/42 | 55,000 | 47,170 | ||||||||||
| Murphy Oil Corp. | 6.38 | 07/15/28 | 50,000 | 49,872 | ||||||||||
| Neptune Energy Bondco PLC(1) | 6.63 | 05/15/25 | 70,000 | 69,095 | ||||||||||
| Occidental Petroleum Corp. | 2.90 | 08/15/24 | 45,000 | 43,677 | ||||||||||
| Occidental Petroleum Corp. | 3.50 | 08/15/29 | 30,000 | 27,372 | ||||||||||
| Occidental Petroleum Corp. | 4.20 | 03/15/48 | 35,000 | 27,360 | ||||||||||
| Occidental Petroleum Corp. | 5.55 | 03/15/26 | 60,000 | 60,580 | ||||||||||
| Occidental Petroleum Corp. | 5.88 | 09/01/25 | 55,000 | 55,639 | ||||||||||
| Occidental Petroleum Corp. | 6.13 | 01/01/31 | 60,000 | 62,795 | ||||||||||
| Occidental Petroleum Corp. | 6.20 | 03/15/40 | 65,000 | 66,823 | ||||||||||
| Occidental Petroleum Corp. | 6.38 | 09/01/28 | 30,000 | 31,319 | ||||||||||
| Occidental Petroleum Corp. | 6.45 | 09/15/36 | 100,000 | 106,215 | ||||||||||
| Occidental Petroleum Corp. | 6.60 | 03/15/46 | 105,000 | 112,187 | ||||||||||
| Occidental Petroleum Corp. | 6.63 | 09/01/30 | 80,000 | 85,479 | ||||||||||
| Occidental Petroleum Corp. | 7.50 | 05/01/31 | 40,000 | 44,683 | ||||||||||
| Occidental Petroleum Corp. | 7.88 | 09/15/31 | 50,000 | 56,729 | ||||||||||
| Occidental Petroleum Corp. | 7.95 | 06/15/39 | 20,000 | 22,955 | ||||||||||
| Occidental Petroleum Corp. | 8.50 | 07/15/27 | 80,000 | 88,172 | ||||||||||
| Occidental Petroleum Corp. | 8.88 | 07/15/30 | 80,000 | 94,078 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 105,000 | 92,125 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 45,000 | 39,208 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 20,000 | 19,502 | ||||||||||
| Patterson-UTI Energy, Inc. | 3.95 | 02/01/28 | 45,000 | 40,521 | ||||||||||
| Patterson-UTI Energy, Inc. | 5.15 | 11/15/29 | 20,000 | 17,878 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 85,000 | 78,300 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 7.25 | 06/15/25 | 58,000 | 57,864 | ||||||||||
| PDC Energy, Inc. | 5.75 | 05/15/26 | 65,000 | 63,182 | ||||||||||
| Petrofac Ltd.(1) | 9.75 | 11/15/26 | 25,000 | 17,516 | ||||||||||
The accompanying notes are an integral part of these financial statements.
100
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 7.7% (Continued) | ||||||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | $ | 25,000 | $ | 23,029 | ||||||||
| Range Resources Corp. | 4.88 | 05/15/25 | 75,000 | 74,095 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 30,000 | 31,342 | ||||||||||
| Southwestern Energy Co. | 4.75 | 02/01/32 | 75,000 | 66,237 | ||||||||||
| Southwestern Energy Co. | 5.38 | 02/01/29 | 50,000 | 47,189 | ||||||||||
| Southwestern Energy Co. | 5.38 | 03/15/30 | 105,000 | 97,823 | ||||||||||
| Southwestern Energy Co. | 5.70 | 01/23/25 | 110,000 | 109,914 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 75,000 | 67,654 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 85,000 | 75,959 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 15,000 | 14,681 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 30,000 | 29,875 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 60,000 | 60,088 | ||||||||||
| Viper Energy Partners LP(1) | 5.38 | 11/01/27 | 15,000 | 14,517 | ||||||||||
| 3,655,056 | ||||||||||||||
| OIL & GAS SERVICES – 0.1% | ||||||||||||||
| Weatherford International Ltd.(1) | 6.50 | 09/15/28 | 40,000 | 40,043 | ||||||||||
| PACKAGING & CONTAINERS – 2.9% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 50,000 | 43,838 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 50,000 | 49,800 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 4.13 | 08/15/26 | 105,000 | 99,075 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 04/30/25 | 55,000 | 54,173 | ||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 125,000 | 104,835 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 55,000 | 45,856 | ||||||||||
| Ball Corp. | 4.88 | 03/15/26 | 45,000 | 44,630 | ||||||||||
| Ball Corp. | 5.25 | 07/01/25 | 80,000 | 80,048 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 75,000 | 78,070 | ||||||||||
| Berry Global, Inc.(1) | 5.63 | 07/15/27 | 70,000 | 69,049 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 30,000 | 28,500 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 50,000 | 48,693 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp. V | 4.25 | 09/30/26 | 55,000 | 52,734 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp. VI | 4.75 | 02/01/26 | 85,000 | 83,425 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 75,000 | 68,066 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 60,000 | 53,700 | ||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 45,000 | 41,366 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 50,000 | 46,802 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 45,000 | 43,180 | ||||||||||
| Sealed Air Corp.(1) | 5.13 | 12/01/24 | 20,000 | 19,875 | ||||||||||
| Sealed Air Corp.(1) | 5.50 | 09/15/25 | 30,000 | 30,065 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 20,000 | 21,266 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 75,000 | 76,201 | ||||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 65,000 | 60,844 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 30,000 | 26,734 | ||||||||||
| 1,370,825 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
101
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PHARMACEUTICALS – 1.2% | ||||||||||||||
| 180 Medical, Inc.(1) | 3.88 | 10/15/29 | $ | 50,000 | $ | 44,580 | ||||||||
| Horizon Therapeutics USA, Inc.(1) | 5.50 | 08/01/27 | 45,000 | 46,266 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 130,000 | 119,604 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 175,000 | 161,201 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.38 | 03/15/26 | 115,000 | 110,754 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.40 | 06/15/30 | 55,000 | 49,726 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 25,000 | 18,199 | ||||||||||
| PRA Health Sciences, Inc.(1) | 2.88 | 07/15/26 | 30,000 | 27,417 | ||||||||||
| 577,747 | ||||||||||||||
| PIPELINES – 7.0% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 70,000 | 65,618 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 85,000 | 82,334 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 30,000 | 29,097 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 7.88 | 05/15/26 | 35,000 | 35,972 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 50,000 | 45,572 | ||||||||||
| Buckeye Partners LP(1) | 4.13 | 03/01/25 | 44,000 | 42,076 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 68,000 | 61,177 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 30,000 | 27,303 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 55,000 | 42,398 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 35,000 | 29,340 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 100,000 | 93,213 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 5.63 | 05/01/27 | 100,000 | 96,090 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp. | 5.75 | 04/01/25 | 15,000 | 14,797 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 6.00 | 02/01/29 | 45,000 | 42,456 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 7.38 | 02/01/31 | 50,000 | 50,052 | ||||||||||
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.(1) | 8.00 | 04/01/29 | 30,000 | 30,555 | ||||||||||
| DT Midstream, Inc.(1) | 4.13 | 06/15/29 | 90,000 | 79,863 | ||||||||||
| DT Midstream, Inc.(1) | 4.38 | 06/15/31 | 80,000 | 69,674 | ||||||||||
| EnLink Midstream LLC | 5.38 | 06/01/29 | 45,000 | 43,496 | ||||||||||
| EnLink Midstream LLC(1) | 5.63 | 01/15/28 | 40,000 | 39,437 | ||||||||||
| EnLink Midstream LLC(1) | 6.50 | 09/01/30 | 85,000 | 85,951 | ||||||||||
| EnLink Midstream Partners LP | 4.15 | 06/01/25 | 68,000 | 65,838 | ||||||||||
| EnLink Midstream Partners LP | 5.05 | 04/01/45 | 40,000 | 31,795 | ||||||||||
| EnLink Midstream Partners LP | 5.45 | 06/01/47 | 55,000 | 45,995 | ||||||||||
| EnLink Midstream Partners LP | 5.60 | 04/01/44 | 25,000 | 20,809 | ||||||||||
| EQM Midstream Partners LP | 4.00 | 08/01/24 | 20,000 | 19,415 | ||||||||||
| EQM Midstream Partners LP | 4.13 | 12/01/26 | 65,000 | 59,070 | ||||||||||
| EQM Midstream Partners LP(1) | 4.50 | 01/15/29 | 60,000 | 51,068 | ||||||||||
| EQM Midstream Partners LP(1) | 4.75 | 01/15/31 | 125,000 | 102,593 | ||||||||||
| EQM Midstream Partners LP | 5.50 | 07/15/28 | 70,000 | 63,874 | ||||||||||
| EQM Midstream Partners LP(1) | 6.00 | 07/01/25 | 30,000 | 29,512 | ||||||||||
| EQM Midstream Partners LP(1) | 6.50 | 07/01/27 | 55,000 | 53,699 | ||||||||||
| EQM Midstream Partners LP | 6.50 | 07/15/48 | 30,000 | 22,755 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/27 | 50,000 | 49,874 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/30 | 25,000 | 24,293 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 70,000 | 68,564 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 130,000 | 115,731 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 20,000 | 18,636 | ||||||||||
The accompanying notes are an integral part of these financial statements.
102
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 7.0% (Continued) | ||||||||||||||
| Hess Midstream Operations LP(1) | 5.63 | 02/15/26 | $ | 70,000 | $ | 68,994 | ||||||||
| Holly Energy Partners LP/Holly Energy Finance Corp.(1) | 5.00 | 02/01/28 | 45,000 | 42,014 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 70,000 | 67,133 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | 120,000 | 110,653 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.75 | 09/15/25 | 100,000 | 95,368 | ||||||||||
| Northriver Midstream Finance LP(1) | 5.63 | 02/15/26 | 30,000 | 28,199 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 55,000 | 52,550 | ||||||||||
| NuStar Logistics LP | 6.00 | 06/01/26 | 85,000 | 83,757 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 40,000 | 38,563 | ||||||||||
| Rockies Express Pipeline LLC(1) | 3.60 | 05/15/25 | 70,000 | 66,440 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 40,000 | 36,990 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 80,000 | 73,427 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 120,000 | 111,176 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 65,000 | 57,799 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.50 | 10/01/25 | 65,000 | 65,567 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 135,000 | 121,406 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 80,000 | 67,543 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 110,000 | 97,574 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 75,000 | 76,123 | ||||||||||
| 3,311,268 | ||||||||||||||
| REAL ESTATE – 0.5% | ||||||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 55,000 | 51,398 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 5.75 | 12/01/25 | 55,000 | 53,856 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 40,000 | 33,680 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 70,000 | 56,790 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 65,000 | 58,757 | ||||||||||
| 254,481 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 4.2% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 45,000 | 34,120 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 35,000 | 29,290 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/ GGSI Sellco LL(1) | 4.50 | 04/01/27 | 115,000 | 95,245 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/ GGSI Sellco LL(1) | 5.75 | 05/15/26 | 25,000 | 22,731 | ||||||||||
| CTR Partnership LP/CareTrust Capital Corp.(1) | 3.88 | 06/30/28 | 30,000 | 26,235 | ||||||||||
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP(1) | 3.75 | 12/15/27 | 40,000 | 30,647 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.38 | 06/15/26 | 115,000 | 102,201 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.75 | 09/15/30 | 30,000 | 23,607 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 6.00 | 04/15/25 | 20,000 | 19,465 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 75,000 | 65,308 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 60,000 | 57,286 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 90,000 | 82,224 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 25,000 | 23,569 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 55,000 | 52,980 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 130,000 | 119,904 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 140,000 | 127,312 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 55,000 | 46,966 | ||||||||||
The accompanying notes are an integral part of these financial statements.
103
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 4.2% (Continued) | ||||||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | $ | 85,000 | $ | 67,343 | ||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 100,000 | 68,471 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 75,000 | 56,885 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 115,000 | 96,480 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.25 | 08/01/26 | 40,000 | 35,676 | ||||||||||
| Necessity Retail REIT, Inc./American Finance Operating Partner LP(1) | 4.50 | 09/30/28 | 30,000 | 22,278 | ||||||||||
| Office Properties Income Trust | 2.40 | 02/01/27 | 40,000 | 25,686 | ||||||||||
| Office Properties Income Trust | 2.65 | 06/15/26 | 25,000 | 17,516 | ||||||||||
| Office Properties Income Trust | 3.45 | 10/15/31 | 30,000 | 15,484 | ||||||||||
| Office Properties Income Trust | 4.25 | 05/15/24 | 25,000 | 23,613 | ||||||||||
| Office Properties Income Trust | 4.50 | 02/01/25 | 50,000 | 42,561 | ||||||||||
| RLJ Lodging Trust LP(1) | 3.75 | 07/01/26 | 45,000 | 41,635 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 30,000 | 25,231 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 125,000 | 107,094 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 115,000 | 107,385 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 35,000 | 30,639 | ||||||||||
| Service Properties Trust | 7.50 | 09/15/25 | 80,000 | 78,470 | ||||||||||
| Starwood Property Trust, Inc.(1) | 3.75 | 12/31/24 | 88,000 | 82,365 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 45,000 | 38,857 | ||||||||||
| Starwood Property Trust, Inc. | 4.75 | 03/15/25 | 50,000 | 47,323 | ||||||||||
| 1,990,082 | ||||||||||||||
| RETAIL – 5.0% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 50,000 | 45,000 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 140,000 | 131,506 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 5.75 | 04/15/25 | 30,000 | 30,098 | ||||||||||
| Abercrombie & Fitch Management Co.(1) | 8.75 | 07/15/25 | 20,000 | 20,325 | ||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 20,000 | 19,668 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 20,000 | 18,192 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 65,000 | 57,928 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 40,000 | 35,546 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 50,000 | 43,130 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 55,000 | 52,659 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 85,000 | 81,694 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 55,000 | 49,027 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 80,000 | 72,516 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 60,000 | 61,035 | ||||||||||
| Bath & Body Works, Inc.(1) | 9.38 | 07/01/25 | 20,000 | 21,427 | ||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 45,000 | 41,187 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 40,000 | 37,200 | ||||||||||
| Foot Locker, Inc.(1) | 4.00 | 10/01/29 | 20,000 | 16,940 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 65,000 | 46,092 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 45,000 | 31,486 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 45,000 | 39,975 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 55,000 | 54,189 | ||||||||||
| Kohl’s Corp. | 4.25 | 07/17/25 | 25,000 | 23,393 | ||||||||||
| Kohl’s Corp. | 4.63 | 05/01/31 | 40,000 | 27,323 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 30,000 | 17,515 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 100,000 | 86,704 | ||||||||||
The accompanying notes are an integral part of these financial statements.
104
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 5.0% (Continued) | ||||||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | $ | 30,000 | $ | 25,792 | ||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 25,000 | 23,342 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 40,000 | 28,731 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 25,000 | 16,485 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 04/01/29 | 55,000 | 50,431 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 60,000 | 52,582 | ||||||||||
| Marks & Spencer PLC(1) | 7.13 | 12/01/37 | 30,000 | 28,108 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 20,000 | 17,130 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 65,000 | 60,377 | ||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 30,000 | 25,819 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 45,000 | 35,253 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 105,000 | 65,793 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 20,000 | 19,325 | ||||||||||
| Penske Automotive Group, Inc. | 3.50 | 09/01/25 | 40,000 | 38,268 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 54,000 | 47,027 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 4.75 | 02/15/28 | 100,000 | 94,631 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 5.63 | 12/01/25 | 50,000 | 49,447 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 30,000 | 25,201 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 70,000 | 56,593 | ||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 50,000 | 44,338 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 80,000 | 70,769 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 25,000 | 23,340 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 95,000 | 91,985 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 165,000 | 161,096 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 30,000 | 32,089 | ||||||||||
| 2,345,707 | ||||||||||||||
| SEMICONDUCTORS – 0.9% | ||||||||||||||
| Amkor Technology, Inc.(1) | 6.63 | 09/15/27 | 50,000 | 50,125 | ||||||||||
| ams-OSRAM AG(1) | 7.00 | 07/31/25 | 40,000 | 37,405 | ||||||||||
| Entegris Escrow Corp.(1) | 4.75 | 04/15/29 | 125,000 | 116,402 | ||||||||||
| Entegris Escrow Corp.(1) | 5.95 | 06/15/30 | 85,000 | 80,884 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 55,000 | 50,412 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 50,000 | 45,062 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 40,000 | 33,843 | ||||||||||
| 414,133 | ||||||||||||||
| SOFTWARE – 1.2% | ||||||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 75,000 | 69,977 | ||||||||||
| Fair Isaac Corp.(1) | 5.25 | 05/15/26 | 30,000 | 29,551 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 85,000 | 75,468 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 70,000 | 58,918 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 65,000 | 55,603 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 65,000 | 53,871 | ||||||||||
| PTC, Inc.(1) | 3.63 | 02/15/25 | 40,000 | 38,634 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 40,000 | 37,251 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 90,000 | 76,070 | ||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | 45,000 | 38,474 | ||||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 35,000 | 29,283 | ||||||||||
| 563,100 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
105
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TELECOMMUNICATIONS – 2.5% | ||||||||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | $ | 45,000 | $ | 39,741 | ||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 40,000 | 31,862 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 30,000 | 26,389 | ||||||||||
| Hughes Satellite Systems Corp. | 5.25 | 08/01/26 | 65,000 | 62,235 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.40 | 03/01/27 | 65,000 | 50,921 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 11/15/29 | 60,000 | 43,873 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 05/15/30 | 75,000 | 71,876 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 95,000 | 73,611 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 49,500 | 44,416 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 65,000 | 58,796 | ||||||||||
| Sable International Finance Ltd.(1) | 5.75 | 09/07/27 | 50,000 | 47,192 | ||||||||||
| United States Cellular Corp. | 6.70 | 12/15/33 | 45,000 | 41,010 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 50,000 | 46,426 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 30,000 | 25,087 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 105,000 | 87,154 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 120,000 | 102,393 | ||||||||||
| Vodafone Group PLC | 3.25 | 06/04/81 | 25,000 | 21,905 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 75,000 | 60,754 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 105,000 | 79,689 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 160,000 | 164,270 | ||||||||||
| 1,179,600 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.4% | ||||||||||||||
| Mattel, Inc.(1) | 3.38 | 04/01/26 | 45,000 | 42,610 | ||||||||||
| Mattel, Inc.(1) | 3.75 | 04/01/29 | 75,000 | 67,775 | ||||||||||
| Mattel, Inc. | 5.45 | 11/01/41 | 35,000 | 31,157 | ||||||||||
| Mattel, Inc.(1) | 5.88 | 12/15/27 | 50,000 | 50,106 | ||||||||||
| 191,648 | ||||||||||||||
| TRANSPORTATION – 0.4% | ||||||||||||||
| Cargo Aircraft Management, Inc.(1) | 4.75 | 02/01/28 | 45,000 | 40,441 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 55,000 | 47,728 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 75,000 | 68,030 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 25,000 | 22,938 | ||||||||||
| XPO Escrow Sub LLC(1) | 7.50 | 11/15/27 | 30,000 | 30,780 | ||||||||||
| 209,917 | ||||||||||||||
| TRUCKING & LEASING – 0.4% | ||||||||||||||
| AerCap Global Aviation Trust(1) | 6.50 | 06/15/45 | 45,000 | 42,330 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.50 | 05/01/28 | 75,000 | 68,834 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 6.50 | 10/01/25 | 50,000 | 49,443 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 9.75 | 08/01/27 | 40,000 | 41,695 | ||||||||||
| 202,302 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $46,586,869) | 46,131,135 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
106
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.0% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 0.6% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 07/11/23 | $ | 275,000 | $ | 272,362 | ||||||||
| TIME DEPOSITS – 0.4% | ||||||||||||||
| Citibank, New York | 4.18 | 05/01/23 | 181,003 | 181,003 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $453,482) | 453,365 | |||||||||||||
| TOTAL INVESTMENTS – 98.5% (Cost - $47,040,351) | $ | 46,584,500 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.5% | 705,803 | |||||||||||||
| NET ASSETS – 100.0% | $ | 47,290,303 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $29,811,376 and represents 63.0% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
| (2) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
107
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.0% | ||||||||||||||
| ADVERTISING – 2.0% | ||||||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | $ | 100,000 | $ | 74,089 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 60,000 | 45,595 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 12/15/27 | 90,000 | 69,888 | ||||||||||
| 189,572 | ||||||||||||||
| AEROSPACE/DEFENSE – 1.1% | ||||||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 65,000 | 55,215 | ||||||||||
| Triumph Group, Inc. | 7.75 | 08/15/25 | 50,000 | 46,576 | ||||||||||
| 101,791 | ||||||||||||||
| AGRICULTURE – 0.5% | ||||||||||||||
| Vector Group Ltd.(1) | 10.50 | 11/01/26 | 50,000 | 50,407 | ||||||||||
| AIRLINES – 0.4% | ||||||||||||||
| American Airlines Group, Inc.(1) | 3.75 | 03/01/25 | 45,000 | 42,431 | ||||||||||
| AUTO MANUFACTURERS – 1.9% | ||||||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.50 | 11/30/25 | 95,000 | 93,458 | ||||||||||
| McLaren Finance PLC(1) | 7.50 | 08/01/26 | 55,000 | 45,298 | ||||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 40,000 | 37,939 | ||||||||||
| 176,695 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 2.7% | ||||||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 8.50 | 05/15/27 | 140,000 | 141,081 | ||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 35,000 | 32,510 | ||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 55,000 | 40,814 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 55,000 | 41,443 | ||||||||||
| 255,848 | ||||||||||||||
| BEVERAGES – 0.4% | ||||||||||||||
| Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 45,000 | 37,841 | ||||||||||
| BUILDING MATERIALS – 1.3% | ||||||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 25,000 | 18,842 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 7.00 | 12/01/28 | 42,000 | 31,606 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 50,000 | 43,803 | ||||||||||
| Victors Merger Corp.(1) | 6.38 | 05/15/29 | 40,000 | 24,359 | ||||||||||
| 118,610 | ||||||||||||||
| CHEMICALS – 2.9% | ||||||||||||||
| ASP Unifrax Holdings, Inc.(1) | 7.50 | 09/30/29 | 30,000 | 21,557 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 30,000 | 26,656 | ||||||||||
| Innophos Holdings, Inc.(1) | 9.38 | 02/15/28 | 20,000 | 20,097 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 35,000 | 27,775 | ||||||||||
| LSF11 A5 Hold Co. LLC(1) | 6.63 | 10/15/29 | 28,000 | 24,140 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 35,000 | 28,157 | ||||||||||
| Rayonier AM Products, Inc.(1) | 5.50 | 06/01/24 | 25,000 | 25,098 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 60,000 | 50,077 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 65,000 | 49,763 | ||||||||||
| 273,320 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
108
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COAL – 0.2% | ||||||||||||||
| Conuma Resources Ltd.(1) | 13.13 | 05/01/28 | $ | 20,000 | $ | 19,500 | ||||||||
| COMMERCIAL SERVICES – 6.2% | ||||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | 75,000 | 58,869 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 9.75 | 07/15/27 | 85,000 | 79,181 | ||||||||||
| Aptim Corp.(1) | 7.75 | 06/15/25 | 50,000 | 39,745 | ||||||||||
| Cimpress PLC | 7.00 | 06/15/26 | 55,000 | 46,124 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 50,000 | 38,671 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 50,000 | 41,170 | ||||||||||
| Garda World Security Corp.(1) | 9.50 | 11/01/27 | 40,000 | 38,384 | ||||||||||
| Metis Merger Sub LLC(1) | 6.50 | 05/15/29 | 65,000 | 55,156 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 11/01/28 | 80,000 | 50,675 | ||||||||||
| PECF USS Intermediate Holding III Corp.(1) | 8.00 | 11/15/29 | 50,000 | 32,681 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 25,000 | 10,446 | ||||||||||
| Verscend Escrow Corp.(1) | 9.75 | 08/15/26 | 90,000 | 90,947 | ||||||||||
| 582,049 | ||||||||||||||
| COMPUTERS – 4.2% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 40,000 | 33,441 | ||||||||||
| Diebold Nixdorf, Inc.(1) | 9.38 | 07/15/25 | 65,000 | 28,900 | ||||||||||
| Exela Intermediate LLC/Exela Finance, Inc.(1) | 11.50 | 07/15/26 | 110,000 | 13,295 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 165,000 | 137,126 | ||||||||||
| Presidio Holdings, Inc.(1) | 8.25 | 02/01/28 | 50,000 | 47,133 | ||||||||||
| Vericast Corp.(1) | 11.00 | 09/15/26 | 100,000 | 106,375 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 35,000 | 28,212 | ||||||||||
| 394,482 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.5% | ||||||||||||||
| BCPE Empire Holdings, Inc.(1) | 7.63 | 05/01/27 | 55,000 | 50,519 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.6% | ||||||||||||||
| Advisor Group Holdings, Inc.(1) | 10.75 | 08/01/27 | 25,000 | 24,834 | ||||||||||
| Aretec Escrow Issuer, Inc.(1) | 7.50 | 04/01/29 | 30,000 | 25,154 | ||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 24,000 | 19,938 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 35,000 | 20,311 | ||||||||||
| Curo Group Holdings Corp.(1) | 7.50 | 08/01/28 | 80,000 | 31,578 | ||||||||||
| Finance of America Funding LLC(1) | 7.88 | 11/15/25 | 35,000 | 27,510 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 20,000 | 17,374 | ||||||||||
| Home Point Capital, Inc.(1) | 5.00 | 02/01/26 | 45,000 | 38,081 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 50,000 | 27,556 | ||||||||||
| LD Holdings Group LLC(1) | 6.50 | 11/01/25 | 45,000 | 31,883 | ||||||||||
| NFP Corp.(1) | 6.88 | 08/15/28 | 170,000 | 148,469 | ||||||||||
| World Acceptance Corp.(1) | 7.00 | 11/01/26 | 25,000 | 20,369 | ||||||||||
| 433,057 | ||||||||||||||
| ELECTRIC – 0.6% | ||||||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 60,000 | 54,498 | ||||||||||
The accompanying notes are an integral part of these financial statements.
109
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 1.4% | ||||||||||||||
| Artera Services LLC(1) | 9.03 | 12/04/25 | $ | 80,000 | $ | 68,820 | ||||||||
| INNOVATE Corp.(1) | 8.50 | 02/01/26 | 30,000 | 23,401 | ||||||||||
| Tutor Perini Corp.(1) | 6.88 | 05/01/25 | 50,000 | 36,276 | ||||||||||
| 128,497 | ||||||||||||||
| ENTERTAINMENT – 1.6% | ||||||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 45,000 | 24,152 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 80,000 | 58,075 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 25,000 | 22,658 | ||||||||||
| Universal Entertainment Corp.(1) | 8.50 | 12/11/24 | 50,000 | 47,170 | ||||||||||
| 152,055 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 1.1% | ||||||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | 85,000 | 66,615 | ||||||||||
| Waste Pro USA, Inc.(1) | 5.50 | 02/15/26 | 35,000 | 32,577 | ||||||||||
| 99,192 | ||||||||||||||
| FOOD – 2.4% | ||||||||||||||
| B&G Foods, Inc. | 5.25 | 04/01/25 | 85,000 | 80,404 | ||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 30,000 | 26,316 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.50 | 04/15/25 | 35,000 | 34,357 | ||||||||||
| H-Food Holdings LLC/Hearthside Finance Co., Inc.(1) | 8.50 | 06/01/26 | 20,000 | 12,443 | ||||||||||
| Sigma Holdco BV(1) | 7.88 | 05/15/26 | 35,000 | 28,119 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 45,000 | 39,867 | ||||||||||
| 221,506 | ||||||||||||||
| FOOD SERVICE – 0.4% | ||||||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 60,000 | 40,705 | ||||||||||
| FOREST PRODUCTS & PAPER – 0.2% | ||||||||||||||
| Glatfelter Corp.(1) | 4.75 | 11/15/29 | 30,000 | 21,385 | ||||||||||
| HEALTHCARE-SERVICES – 5.0% | ||||||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 15,000 | 12,825 | ||||||||||
| Akumin Escrow, Inc.(1) | 7.50 | 08/01/28 | 50,000 | 35,160 | ||||||||||
| Akumin, Inc.(1) | 7.00 | 11/01/25 | 25,000 | 19,885 | ||||||||||
| Cano Health LLC(1) | 6.25 | 10/01/28 | 35,000 | 18,772 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 100,000 | 71,262 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/01/28 | 45,000 | 33,281 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 120,000 | 88,908 | ||||||||||
| Hadrian Merger Sub, Inc.(1) | 8.50 | 05/01/26 | 24,000 | 20,610 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 32,000 | 20,091 | ||||||||||
| Radiology Partners, Inc.(1) | 9.25 | 02/01/28 | 55,000 | 24,413 | ||||||||||
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.(1) | 9.75 | 12/01/26 | 110,000 | 91,624 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 10.00 | 04/15/27 | 20,000 | 20,527 | ||||||||||
| US Renal Care, Inc.(1) | 10.63 | 07/15/27 | 42,000 | 7,560 | ||||||||||
| 464,918 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
110
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.3% | ||||||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 7.00 | 12/31/27 | $ | 35,000 | $ | 30,799 | ||||||||
| HOUSEWARES – 0.4% | ||||||||||||||
| SWF Escrow Issuer Corp.(1) | 6.50 | 10/01/29 | 55,000 | 33,610 | ||||||||||
| INSURANCE – 7.4% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 40,000 | 33,123 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 7.00 | 11/15/25 | 63,000 | 60,242 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 10.13 | 08/01/26 | 44,000 | 44,768 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 5.88 | 11/01/29 | 25,000 | 21,589 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer(1) | 6.75 | 10/15/27 | 120,000 | 112,177 | ||||||||||
| AssuredPartners, Inc.(1) | 5.63 | 01/15/29 | 50,000 | 43,332 | ||||||||||
| AssuredPartners, Inc.(1) | 7.00 | 08/15/25 | 45,000 | 44,605 | ||||||||||
| BroadStreet Partners, Inc.(1) | 5.88 | 04/15/29 | 60,000 | 52,106 | ||||||||||
| GTCR AP Finance, Inc.(1) | 8.00 | 05/15/27 | 30,000 | 29,363 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 36,000 | 32,073 | ||||||||||
| HUB International Ltd.(1) | 7.00 | 05/01/26 | 150,000 | 149,528 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 10.50 | 12/15/30 | 20,000 | 20,346 | ||||||||||
| USI, Inc./NY(1) | 6.88 | 05/01/25 | 50,000 | 49,554 | ||||||||||
| 692,806 | ||||||||||||||
| INTERNET – 1.5% | ||||||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 32,000 | 27,792 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 25,000 | 18,288 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 45,000 | 30,948 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 6.00 | 02/15/28 | 20,000 | 14,918 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 10.75 | 06/01/28 | 25,000 | 22,666 | ||||||||||
| Photo Holdings Merger Sub, Inc.(1) | 8.50 | 10/01/26 | 65,000 | 27,871 | ||||||||||
| 142,483 | ||||||||||||||
| LEISURE TIME – 4.2% | ||||||||||||||
| Constellation Merger Sub, Inc.(1) | 8.50 | 09/15/25 | 30,000 | 23,734 | ||||||||||
| Life Time, Inc.(1) | 8.00 | 04/15/26 | 30,000 | 29,861 | ||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 50,000 | 39,545 | ||||||||||
| NCL Corp. Ltd.(1) | 3.63 | 12/15/24 | 40,000 | 37,547 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 03/15/26 | 115,000 | 99,181 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 60,000 | 50,858 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 09/15/27 | 80,000 | 68,727 | ||||||||||
| Viking Cruises Ltd.(1) | 6.25 | 05/15/25 | 15,000 | 14,258 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 32,000 | 27,070 | ||||||||||
| 390,781 | ||||||||||||||
| LODGING – 0.4% | ||||||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 40,000 | 36,875 | ||||||||||
The accompanying notes are an integral part of these financial statements.
111
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MACHINERY-DIVERSIFIED – 1.3% | ||||||||||||||
| OT Merger Corp.(1) | 7.88 | 10/15/29 | $ | 24,000 | $ | 14,211 | ||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 35,000 | 29,348 | ||||||||||
| Titan Acquisition Ltd./Titan Co.-Borrower LLC(1) | 7.75 | 04/15/26 | 55,000 | 49,022 | ||||||||||
| TK Elevator Holdco GmbH(1) | 7.63 | 07/15/28 | 30,000 | 26,868 | ||||||||||
| 119,449 | ||||||||||||||
| MEDIA – 4.4% | ||||||||||||||
| Audacy Capital Corp.(1) | 6.50 | 05/01/27 | 25,000 | 1,845 | ||||||||||
| Audacy Capital Corp.(1) | 6.75 | 03/31/29 | 45,000 | 3,415 | ||||||||||
| Cengage Learning, Inc.(1) | 9.50 | 06/15/24 | 35,000 | 35,046 | ||||||||||
| CSC Holdings LLC(1) | 4.63 | 12/01/30 | 75,000 | 36,685 | ||||||||||
| CSC Holdings LLC(1) | 5.00 | 11/15/31 | 50,000 | 24,043 | ||||||||||
| CSC Holdings LLC | 5.25 | 06/01/24 | 35,000 | 34,171 | ||||||||||
| CSC Holdings LLC(1) | 5.75 | 01/15/30 | 100,000 | 51,124 | ||||||||||
| CSC Holdings LLC(1) | 7.50 | 04/01/28 | 55,000 | 34,442 | ||||||||||
| iHeartCommunications, Inc. | 8.38 | 05/01/27 | 90,000 | 59,475 | ||||||||||
| Liberty Interactive LLC | 8.25 | 02/01/30 | 50,000 | 15,131 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 60,000 | 51,654 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 6.50 | 09/15/28 | 85,000 | 39,738 | ||||||||||
| Spanish Broadcasting System, Inc.(1) | 9.75 | 03/01/26 | 35,000 | 23,007 | ||||||||||
| 409,776 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.2% | ||||||||||||||
| Park-Ohio Industries, Inc. | 6.63 | 04/15/27 | 25,000 | 19,980 | ||||||||||
| MINING – 0.3% | ||||||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 40,000 | 31,637 | ||||||||||
| MISCELLANEOUS MANUFACTURER – 1.0% | ||||||||||||||
| FXI Holdings, Inc.(1) | 7.88 | 11/01/24 | 35,000 | 31,837 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 70,000 | 62,636 | ||||||||||
| 94,473 | ||||||||||||||
| OIL & GAS – 4.2% | ||||||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 20,000 | 19,376 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 11.00 | 04/15/25 | 50,000 | 51,429 | ||||||||||
| Global Marine, Inc. | 7.00 | 06/01/28 | 30,000 | 24,375 | ||||||||||
| Nabors Industries Ltd.(1) | 7.25 | 01/15/26 | 55,000 | 51,917 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 25,000 | 22,781 | ||||||||||
| Nabors Industries, Inc. | 5.75 | 02/01/25 | 35,000 | 34,209 | ||||||||||
| Transocean, Inc. | 6.80 | 03/15/38 | 45,000 | 30,685 | ||||||||||
| Transocean, Inc.(1) | 7.25 | 11/01/25 | 25,000 | 23,843 | ||||||||||
| Transocean, Inc.(1) | 7.50 | 01/15/26 | 25,000 | 23,092 | ||||||||||
| Transocean, Inc. | 7.50 | 04/15/31 | 25,000 | 19,279 | ||||||||||
| Transocean, Inc.(1) | 8.00 | 02/01/27 | 60,000 | 53,333 | ||||||||||
| Transocean, Inc.(1) | 11.50 | 01/30/27 | 35,000 | 35,857 | ||||||||||
| 390,176 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
112
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 5.7% | ||||||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | $ | 40,000 | $ | 34,254 | ||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 110,000 | 94,199 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 90,000 | 82,909 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 32,000 | 27,881 | ||||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | 35,000 | 30,450 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 60,000 | 57,087 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 110,000 | 104,519 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 9.25 | 08/01/24 | 40,000 | 40,952 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.50 | 08/15/27 | 60,000 | 58,011 | ||||||||||
| 530,262 | ||||||||||||||
| PHARMACEUTICALS – 1.2% | ||||||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 35,000 | 22,575 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 10.00 | 06/15/29 | 48,000 | 25,151 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 11.50 | 12/15/28 | 50,000 | 39,407 | ||||||||||
| P&L Development LLC/PLD Finance Corp.(1) | 7.75 | 11/15/25 | 30,000 | 24,032 | ||||||||||
| 111,165 | ||||||||||||||
| PIPELINES – 0.8% | ||||||||||||||
| NGL Energy Partners LP/NGL Energy Finance Corp. | 6.13 | 03/01/25 | 65,000 | 60,122 | ||||||||||
| Summit Midstream Holdings LLC/Summit Midstream Finance Corp. | 5.75 | 04/15/25 | 15,000 | 12,506 | ||||||||||
| 72,628 | ||||||||||||||
| REAL ESTATE – 0.3% | ||||||||||||||
| WeWork Cos, Inc.(1) | 7.88 | 05/01/25 | 55,000 | 29,330 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 2.1% | ||||||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 50,000 | 31,547 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 50,000 | 30,914 | ||||||||||
| Diversified Healthcare Trust | 9.75 | 06/15/25 | 45,000 | 43,139 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 55,000 | 32,497 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 95,000 | 57,435 | ||||||||||
| 195,532 | ||||||||||||||
| RETAIL – 7.7% | ||||||||||||||
| At Home Group, Inc.(1) | 7.13 | 07/15/29 | 75,000 | 42,068 | ||||||||||
| Carrols Restaurant Group, Inc.(1) | 5.88 | 07/01/29 | 20,000 | 16,573 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 100,000 | 81,099 | ||||||||||
| Foundation Building Materials, Inc.(1) | 6.00 | 03/01/29 | 35,000 | 28,003 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 40,000 | 23,736 | ||||||||||
| Guitar Center, Inc.(1) | 8.50 | 01/15/26 | 35,000 | 31,003 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 65,000 | 51,842 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 110,000 | 73,839 | ||||||||||
| NMG Holding Co., Inc./Neiman Marcus Group LLC(1) | 7.13 | 04/01/26 | 90,000 | 83,724 | ||||||||||
| Park River Holdings, Inc.(1) | 5.63 | 02/01/29 | 25,000 | 18,334 | ||||||||||
| Park River Holdings, Inc.(1) | 6.75 | 08/01/29 | 20,000 | 14,636 | ||||||||||
| Rite Aid Corp.(1) | 8.00 | 11/15/26 | 105,000 | 56,907 | ||||||||||
| SRS Distribution, Inc.(1) | 6.00 | 12/01/29 | 85,000 | 69,345 | ||||||||||
| SRS Distribution, Inc.(1) | 6.13 | 07/01/29 | 25,000 | 20,651 | ||||||||||
The accompanying notes are an integral part of these financial statements.
113
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 7.7% (Continued) | ||||||||||||||
| Staples, Inc.(1) | 10.75 | 04/15/27 | $ | 85,000 | $ | 57,642 | ||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 55,000 | 47,750 | ||||||||||
| 717,152 | ||||||||||||||
| SOFTWARE – 5.6% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 195,000 | 160,350 | ||||||||||
| Boxer Parent Co., Inc.(1) | 9.13 | 03/01/26 | 24,000 | 23,504 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 80,000 | 72,142 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 200,000 | 172,043 | ||||||||||
| CWT Travel Group, Inc.(1) | 8.50 | 11/19/26 | 55,000 | 39,056 | ||||||||||
| Rackspace Technology Global, Inc.(1) | 5.38 | 12/01/28 | 55,000 | 13,108 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 50,000 | 41,554 | ||||||||||
| 521,757 | ||||||||||||||
| TELECOMMUNICATIONS – 5.4% | ||||||||||||||
| Altice France Holding SA(1) | 6.00 | 02/15/28 | 100,000 | 61,683 | ||||||||||
| Altice France Holding SA(1) | 10.50 | 05/15/27 | 115,000 | 85,038 | ||||||||||
| CommScope Technologies LLC(1) | 5.00 | 03/15/27 | 36,000 | 24,917 | ||||||||||
| CommScope Technologies LLC(1) | 6.00 | 06/15/25 | 80,000 | 75,305 | ||||||||||
| CommScope, Inc.(1) | 7.13 | 07/01/28 | 35,000 | 25,152 | ||||||||||
| CommScope, Inc.(1) | 8.25 | 03/01/27 | 70,000 | 54,190 | ||||||||||
| Embarq Corp. | 8.00 | 06/01/36 | 120,000 | 51,733 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 50,000 | 21,322 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 5.63 | 12/06/26 | 60,000 | 33,569 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 6.50 | 10/15/27 | 40,000 | 14,418 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 6.13 | 03/01/28 | 90,000 | 57,628 | ||||||||||
| 504,955 | ||||||||||||||
| TEXTILES – 0.3% | ||||||||||||||
| Eagle Intermediate Global Holding BV/Eagle US Finance LLC(1) | 7.50 | 05/01/25 | 45,000 | 29,194 | ||||||||||
| TRANSPORTATION – 0.7% | ||||||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 20,000 | 14,713 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 6.50 | 06/15/27 | 55,000 | 53,394 | ||||||||||
| 68,107 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $9,462,833) | 9,081,805 | |||||||||||||
| SHORT-TERM INVESTMENTS – 2.5% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 1.6% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 06/20/23 | 150,000 | 148,997 | ||||||||||
| TIME DEPOSITS – 0.9% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 4.18 | 05/01/23 | 88,539 | 88,539 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $237,640) | 237,536 | |||||||||||||
| TOTAL INVESTMENTS – 99.5% (Cost - $9,700,473) | $ | 9,319,341 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.5% | 42,329 | |||||||||||||
| NET ASSETS – 100.0% | $ | 9,361,670 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2023, amounts to $8,320,037 and represents 88.9% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
114
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 11.4% | ||||||||||||||
| BANKS – 0.3% | ||||||||||||||
| Banco Nacional de Comercio Exterior SNC/Cayman Islands | 4.38 | 10/14/25 | $ | 200,000 | $ | 195,209 | ||||||||
| Banco Nacional de Panama | 2.50 | 08/11/30 | 425,000 | 338,938 | ||||||||||
| 534,147 | ||||||||||||||
| CHEMICALS – 0.5% | ||||||||||||||
| CNAC HK Finbridge Co. Ltd. | 3.00 | 09/22/30 | 200,000 | 169,432 | ||||||||||
| CNAC HK Finbridge Co. Ltd. | 3.38 | 06/19/24 | 275,000 | 269,197 | ||||||||||
| CNAC HK Finbridge Co. Ltd. | 4.13 | 07/19/27 | 200,000 | 190,812 | ||||||||||
| CNAC HK Finbridge Co. Ltd. | 5.13 | 03/14/28 | 300,000 | 296,194 | ||||||||||
| 925,635 | ||||||||||||||
| COMMERCIAL SERVICES – 0.2% | ||||||||||||||
| DP World Crescent Ltd. | 3.88 | 07/18/29 | 400,000 | 380,673 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.2% | ||||||||||||||
| Power Sector Assets & Liabilities Management Corp. | 7.39 | 12/02/24 | 425,000 | 441,185 | ||||||||||
| ELECTRIC – 1.6% | ||||||||||||||
| Comision Federal de Electricidad | 4.69 | 05/15/29 | 200,000 | 180,946 | ||||||||||
| Eskom Holdings SOC Ltd. | 6.35 | 08/10/28 | 450,000 | 425,637 | ||||||||||
| Eskom Holdings SOC Ltd. | 7.13 | 02/11/25 | 550,000 | 538,224 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13 | 05/15/27 | 275,000 | 267,545 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 5.45 | 05/21/28 | 200,000 | 204,025 | ||||||||||
| SPIC MTN Co. Ltd. | 1.63 | 07/27/25 | 225,000 | 209,714 | ||||||||||
| State Grid Overseas Investment 2014 Ltd. | 4.13 | 05/07/24 | 275,000 | 273,248 | ||||||||||
| State Grid Overseas Investment BVI Ltd. | 1.63 | 08/05/30 | 225,000 | 188,890 | ||||||||||
| State Grid Overseas Investment BVI Ltd. | 3.50 | 05/04/27 | 400,000 | 390,183 | ||||||||||
| Three Gorges Finance I Cayman Islands Ltd. | 3.15 | 06/02/26 | 225,000 | 216,042 | ||||||||||
| 2,894,454 | ||||||||||||||
| INVESTMENT COMPANIES – 1.0% | ||||||||||||||
| Gaci First Investment Co. | 4.75 | 02/14/30 | 200,000 | 202,526 | ||||||||||
| Gaci First Investment Co. | 5.00 | 10/13/27 | 250,000 | 255,826 | ||||||||||
| Gaci First Investment Co. | 5.25 | 10/13/32 | 300,000 | 315,129 | ||||||||||
| MDGH GMTN RSC Ltd. | 2.50 | 05/21/26 | 275,000 | 259,597 | ||||||||||
| MDGH GMTN RSC Ltd. | 2.88 | 11/07/29 | 450,000 | 413,013 | ||||||||||
| MDGH GMTN RSC Ltd. | 2.88 | 05/21/30 | 200,000 | 182,391 | ||||||||||
| MDGH GMTN RSC Ltd. | 3.38 | 03/28/32 | 200,000 | 185,824 | ||||||||||
| 1,814,306 | ||||||||||||||
| MINING – 0.7% | ||||||||||||||
| Corp. Nacional del Cobre de Chile | 3.00 | 09/30/29 | 325,000 | 292,127 | ||||||||||
| Corp. Nacional del Cobre de Chile | 3.15 | 01/14/30 | 300,000 | 270,693 | ||||||||||
| Corp. Nacional del Cobre de Chile | 3.63 | 08/01/27 | 400,000 | 382,689 | ||||||||||
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT | 4.75 | 05/15/25 | 200,000 | 198,451 | ||||||||||
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT | 5.45 | 05/15/30 | 200,000 | 199,750 | ||||||||||
| 1,343,710 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
115
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 5.9% | ||||||||||||||
| Oil & Gas Holding Co. BSCC | 7.50 | 10/25/27 | $ | 475,000 | $ | 487,914 | ||||||||
| Pertamina Persero PT | 1.40 | 02/09/26 | 200,000 | 182,276 | ||||||||||
| Petroleos del Peru SA | 4.75 | 06/19/32 | 400,000 | 298,688 | ||||||||||
| Petroleos Mexicanos | 4.50 | 01/23/26 | 175,000 | 159,299 | ||||||||||
| Petroleos Mexicanos | 5.35 | 02/12/28 | 350,000 | 291,439 | ||||||||||
| Petroleos Mexicanos | 5.95 | 01/28/31 | 625,000 | 464,859 | ||||||||||
| Petroleos Mexicanos | 6.49 | 01/23/27 | 250,000 | 224,844 | ||||||||||
| Petroleos Mexicanos | 6.50 | 03/13/27 | 600,000 | 537,090 | ||||||||||
| Petroleos Mexicanos | 6.50 | 01/23/29 | 200,000 | 169,280 | ||||||||||
| Petroleos Mexicanos | 6.70 | 02/16/32 | 1,175,000 | 906,953 | ||||||||||
| Petroleos Mexicanos | 6.84 | 01/23/30 | 400,000 | 323,440 | ||||||||||
| Petroleos Mexicanos | 6.88 | 08/04/26 | 450,000 | 423,956 | ||||||||||
| Petroleos Mexicanos | 8.75 | 06/02/29 | 250,000 | 230,000 | ||||||||||
| Petroleos Mexicanos | 10.00 | 02/07/33 | 250,000 | 232,375 | ||||||||||
| Petronas Capital Ltd. | 2.48 | 01/28/32 | 700,000 | 601,125 | ||||||||||
| Petronas Capital Ltd. | 3.50 | 03/18/25 | 850,000 | 833,138 | ||||||||||
| Petronas Capital Ltd. | 3.50 | 04/21/30 | 1,300,000 | 1,229,027 | ||||||||||
| Qatar Energy | 1.38 | 09/12/26 | 400,000 | 363,745 | ||||||||||
| Qatar Energy | 2.25 | 07/12/31 | 900,000 | 777,497 | ||||||||||
| Sinopec Group Overseas Development 2014 Ltd. | 4.38 | 04/10/24 | 500,000 | 497,862 | ||||||||||
| Sinopec Group Overseas Development 2015 Ltd. | 3.25 | 04/28/25 | 275,000 | 267,081 | ||||||||||
| Sinopec Group Overseas Development 2017 Ltd. | 3.63 | 04/12/27 | 250,000 | 244,451 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 1.45 | 01/08/26 | 250,000 | 229,863 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.30 | 01/08/31 | 225,000 | 196,734 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.70 | 05/13/30 | 275,000 | 249,501 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.95 | 11/12/29 | 250,000 | 231,668 | ||||||||||
| 10,654,105 | ||||||||||||||
| PIPELINES – 0.7% | ||||||||||||||
| Southern Gas Corridor CJSC | 6.88 | 03/24/26 | 1,150,000 | 1,184,609 | ||||||||||
| TRANSPORTATION – 0.3% | ||||||||||||||
| Pelabuhan Indonesia Persero PT | 4.25 | 05/05/25 | 200,000 | 196,681 | ||||||||||
| Transnet SOC Ltd. | 8.25 | 02/06/28 | 350,000 | 347,343 | ||||||||||
| 544,024 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $20,660,564) | 20,716,848 | |||||||||||||
| GOVERNMENT AGENCIES AND OBLIGATIONS – 87.1% | ||||||||||||||
| GOVERNMENT AGENCIES – 1.8% | ||||||||||||||
| China Development Bank | 1.00 | 10/27/25 | 225,000 | 206,687 | ||||||||||
| Export-Import Bank of China | 2.88 | 04/26/26 | 200,000 | 192,366 | ||||||||||
| Export-Import Bank of China | 3.63 | 07/31/24 | 275,000 | 271,521 | ||||||||||
| Export-Import Bank of India | 2.25 | 01/13/31 | 600,000 | 491,844 | ||||||||||
| Export-Import Bank of India | 3.25 | 01/15/30 | 600,000 | 537,526 | ||||||||||
| Export-Import Bank of India | 3.38 | 08/05/26 | 500,000 | 474,320 | ||||||||||
| Export-Import Bank of India | 3.88 | 02/01/28 | 575,000 | 547,745 | ||||||||||
| Export-Import Bank of India | 5.50 | 01/18/33 | 550,000 | 560,117 | ||||||||||
| 3,282,126 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
116
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% | ||||||||||||||
| Abu Dhabi Government International Bond | 1.63 | 06/02/28 | $ | 400,000 | $ | 359,753 | ||||||||
| Abu Dhabi Government International Bond | 1.70 | 03/02/31 | 300,000 | 256,640 | ||||||||||
| Abu Dhabi Government International Bond | 1.88 | 09/15/31 | 350,000 | 300,090 | ||||||||||
| Abu Dhabi Government International Bond | 2.13 | 09/30/24 | 625,000 | 602,164 | ||||||||||
| Abu Dhabi Government International Bond | 2.50 | 04/16/25 | 600,000 | 579,618 | ||||||||||
| Abu Dhabi Government International Bond | 2.50 | 09/30/29 | 600,000 | 554,163 | ||||||||||
| Abu Dhabi Government International Bond | 3.13 | 05/03/26 | 500,000 | 485,856 | ||||||||||
| Abu Dhabi Government International Bond | 3.13 | 10/11/27 | 800,000 | 774,486 | ||||||||||
| Abu Dhabi Government International Bond | 3.13 | 04/16/30 | 625,000 | 596,939 | ||||||||||
| Angolan Government International Bond | 8.00 | 11/26/29 | 1,050,000 | 888,069 | ||||||||||
| Angolan Government International Bond | 8.25 | 05/09/28 | 1,000,000 | 879,763 | ||||||||||
| Angolan Government International Bond | 8.75 | 04/14/32 | 1,000,000 | 831,623 | ||||||||||
| Argentine Republic Government International Bond(1) | 0.50 | 07/09/30 | 4,750,000 | 1,166,932 | ||||||||||
| Argentine Republic Government International Bond(1) | 1.50 | 07/09/35 | 4,500,000 | 1,012,838 | ||||||||||
| Argentine Republic Government International Bond(1) | 3.88 | 01/09/38 | 2,500,000 | 697,087 | ||||||||||
| Bahrain Government International Bond | 5.25 | 01/25/33 | 650,000 | 563,865 | ||||||||||
| Bahrain Government International Bond | 5.45 | 09/16/32 | 500,000 | 447,993 | ||||||||||
| Bahrain Government International Bond | 5.63 | 09/30/31 | 475,000 | 440,402 | ||||||||||
| Bahrain Government International Bond | 6.75 | 09/20/29 | 600,000 | 599,292 | ||||||||||
| Bahrain Government International Bond | 7.00 | 01/26/26 | 525,000 | 540,749 | ||||||||||
| Bahrain Government International Bond | 7.00 | 10/12/28 | 750,000 | 770,248 | ||||||||||
| Bahrain Government International Bond | 7.38 | 05/14/30 | 475,000 | 490,381 | ||||||||||
| Bolivian Government International Bond | 4.50 | 03/20/28 | 600,000 | 343,496 | ||||||||||
| Brazilian Government International Bond | 2.88 | 06/06/25 | 600,000 | 575,357 | ||||||||||
| Brazilian Government International Bond | 3.75 | 09/12/31 | 500,000 | 432,719 | ||||||||||
| Brazilian Government International Bond | 3.88 | 06/12/30 | 1,100,000 | 985,724 | ||||||||||
| Brazilian Government International Bond | 4.25 | 01/07/25 | 1,700,000 | 1,684,173 | ||||||||||
| Brazilian Government International Bond | 4.50 | 05/30/29 | 700,000 | 666,062 | ||||||||||
| Brazilian Government International Bond | 4.63 | 01/13/28 | 1,025,000 | 1,005,789 | ||||||||||
| Brazilian Government International Bond | 6.00 | 04/07/26 | 750,000 | 779,136 | ||||||||||
| CBB International Sukuk Co. 5 SPC | 5.62 | 02/12/24 | 475,000 | 473,744 | ||||||||||
| CBB International Sukuk Co. 7 SPC | 6.88 | 10/05/25 | 475,000 | 490,746 | ||||||||||
| CBB International Sukuk Programme Co. WLL | 3.88 | 05/18/29 | 475,000 | 430,751 | ||||||||||
| CBB International Sukuk Programme Co. WLL | 3.95 | 09/16/27 | 325,000 | 312,624 | ||||||||||
| CBB International Sukuk Programme Co. WLL | 4.50 | 03/30/27 | 475,000 | 463,556 | ||||||||||
| CBB International Sukuk Programme Co. WLL | 6.25 | 11/14/24 | 475,000 | 478,914 | ||||||||||
| CBB International Sukuk Programme Co. WLL | 6.25 | 10/18/30 | 300,000 | 303,563 | ||||||||||
| Chile Government International Bond | 2.45 | 01/31/31 | 525,000 | 462,692 | ||||||||||
| Chile Government International Bond | 2.55 | 01/27/32 | 425,000 | 371,074 | ||||||||||
| Chile Government International Bond | 2.75 | 01/31/27 | 425,000 | 402,030 | ||||||||||
| Chile Government International Bond | 3.24 | 02/06/28 | 575,000 | 551,858 | ||||||||||
| China Government International Bond | 0.55 | 10/21/25 | 350,000 | 320,427 | ||||||||||
| China Government International Bond | 0.75 | 10/26/24 | 450,000 | 428,060 | ||||||||||
| China Government International Bond | 1.20 | 10/21/30 | 350,000 | 298,510 | ||||||||||
| China Government International Bond | 1.25 | 10/26/26 | 300,000 | 273,890 | ||||||||||
| China Government International Bond | 1.75 | 10/26/31 | 250,000 | 219,406 | ||||||||||
| China Government International Bond | 1.95 | 12/03/24 | 350,000 | 338,300 | ||||||||||
| China Government International Bond | 2.13 | 12/03/29 | 375,000 | 345,127 | ||||||||||
The accompanying notes are an integral part of these financial statements.
117
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% (Continued) | ||||||||||||||
| China Government International Bond | 2.63 | 11/02/27 | $ | 250,000 | $ | 240,363 | ||||||||
| Colombia Government International Bond | 3.00 | 01/30/30 | 650,000 | 499,579 | ||||||||||
| Colombia Government International Bond | 3.13 | 04/15/31 | 950,000 | 706,484 | ||||||||||
| Colombia Government International Bond | 3.25 | 04/22/32 | 750,000 | 543,302 | ||||||||||
| Colombia Government International Bond | 3.88 | 04/25/27 | 725,000 | 653,912 | ||||||||||
| Colombia Government International Bond | 4.50 | 01/28/26 | 550,000 | 523,273 | ||||||||||
| Colombia Government International Bond | 4.50 | 03/15/29 | 750,000 | 654,262 | ||||||||||
| Colombia Government International Bond | 8.00 | 04/20/33 | 400,000 | 399,971 | ||||||||||
| Costa Rica Government International Bond | 6.13 | 02/19/31 | 700,000 | 707,352 | ||||||||||
| Costa Rica Government International Bond | 6.55 | 04/03/34 | 800,000 | 817,500 | ||||||||||
| Croatia Government International Bond | 6.00 | 01/26/24 | 1,000,000 | 1,008,038 | ||||||||||
| Dominican Republic International Bond | 4.50 | 01/30/30 | 900,000 | 797,691 | ||||||||||
| Dominican Republic International Bond | 4.88 | 09/23/32 | 1,400,000 | 1,208,246 | ||||||||||
| Dominican Republic International Bond | 5.50 | 01/27/25 | 550,000 | 546,011 | ||||||||||
| Dominican Republic International Bond | 5.50 | 02/22/29 | 850,000 | 811,909 | ||||||||||
| Dominican Republic International Bond | 5.95 | 01/25/27 | 775,000 | 770,488 | ||||||||||
| Dominican Republic International Bond | 6.00 | 07/19/28 | 600,000 | 592,820 | ||||||||||
| Dominican Republic International Bond | 6.00 | 02/22/33 | 725,000 | 678,879 | ||||||||||
| Dominican Republic International Bond | 6.88 | 01/29/26 | 700,000 | 714,838 | ||||||||||
| Ecuador Government International Bond | ZCP | 07/31/30 | 600,000 | 186,179 | ||||||||||
| Ecuador Government International Bond(1) | 2.50 | 07/31/35 | 4,500,000 | 1,666,142 | ||||||||||
| Ecuador Government International Bond(1) | 5.50 | 07/31/30 | 2,300,000 | 1,220,144 | ||||||||||
| Egypt Government International Bond | 5.75 | 05/29/24 | 550,000 | 460,217 | ||||||||||
| Egypt Government International Bond | 5.80 | 09/30/27 | 450,000 | 277,539 | ||||||||||
| Egypt Government International Bond | 5.88 | 06/11/25 | 625,000 | 452,142 | ||||||||||
| Egypt Government International Bond | 5.88 | 02/16/31 | 625,000 | 335,959 | ||||||||||
| Egypt Government International Bond | 6.59 | 02/21/28 | 575,000 | 355,663 | ||||||||||
| Egypt Government International Bond | 7.05 | 01/15/32 | 400,000 | 222,448 | ||||||||||
| Egypt Government International Bond | 7.50 | 01/31/27 | 825,000 | 555,462 | ||||||||||
| Egypt Government International Bond | 7.60 | 03/01/29 | 775,000 | 477,363 | ||||||||||
| Egypt Government International Bond | 7.63 | 05/29/32 | 725,000 | 409,021 | ||||||||||
| Egyptian Financial Co. for Sovereign Taskeek | 10.88 | 02/28/26 | 500,000 | 413,088 | ||||||||||
| Ethiopia International Bond | 6.63 | 12/11/24 | 550,000 | 386,067 | ||||||||||
| Finance Department Government of Sharjah | 6.50 | 11/23/32 | 200,000 | 208,500 | ||||||||||
| Gabon Government International Bond | 6.63 | 02/06/31 | 575,000 | 426,650 | ||||||||||
| Ghana Government International Bond | 6.38 | 02/11/27 | 725,000 | 275,498 | ||||||||||
| Ghana Government International Bond | 7.63 | 05/16/29 | 550,000 | 205,728 | ||||||||||
| Ghana Government International Bond | 7.75 | 04/07/29 | 575,000 | 215,136 | ||||||||||
| Ghana Government International Bond | 8.13 | 01/18/26 | 575,000 | 233,681 | ||||||||||
| Ghana Government International Bond | 8.13 | 03/26/32 | 750,000 | 280,787 | ||||||||||
| Ghana Government International Bond | 8.63 | 04/07/34 | 300,000 | 111,842 | ||||||||||
| Ghana Government International Bond | 10.75 | 10/14/30 | 600,000 | 411,888 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 4.49 | 11/25/24 | 225,000 | 215,853 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 5.13 | 06/22/26 | 525,000 | 478,931 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 7.25 | 02/24/27 | 650,000 | 625,994 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 9.76 | 11/13/25 | 450,000 | 462,170 | ||||||||||
| Hungary Government International Bond | 2.13 | 09/22/31 | 1,100,000 | 860,723 | ||||||||||
| Hungary Government International Bond | 5.25 | 06/16/29 | 1,050,000 | 1,042,180 | ||||||||||
The accompanying notes are an integral part of these financial statements.
118
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% (Continued) | ||||||||||||||
| Hungary Government International Bond | 5.38 | 03/25/24 | $ | 630,000 | $ | 631,049 | ||||||||
| Hungary Government International Bond | 6.13 | 05/22/28 | 850,000 | 882,585 | ||||||||||
| Hungary Government International Bond | 6.25 | 09/22/32 | 1,150,000 | 1,194,928 | ||||||||||
| Indonesia Government International Bond | 1.85 | 03/12/31 | 250,000 | 206,706 | ||||||||||
| Indonesia Government International Bond | 2.15 | 07/28/31 | 200,000 | 168,510 | ||||||||||
| Indonesia Government International Bond | 2.85 | 02/14/30 | 250,000 | 228,176 | ||||||||||
| Indonesia Government International Bond | 3.50 | 01/11/28 | 225,000 | 217,361 | ||||||||||
| Indonesia Government International Bond | 3.55 | 03/31/32 | 200,000 | 186,567 | ||||||||||
| Indonesia Government International Bond | 3.85 | 07/18/27 | 200,000 | 196,468 | ||||||||||
| Indonesia Government International Bond | 3.85 | 10/15/30 | 275,000 | 265,288 | ||||||||||
| Indonesia Government International Bond | 4.10 | 04/24/28 | 200,000 | 198,127 | ||||||||||
| Indonesia Government International Bond | 4.13 | 01/15/25 | 275,000 | 274,584 | ||||||||||
| Indonesia Government International Bond | 4.35 | 01/08/27 | 250,000 | 250,133 | ||||||||||
| Indonesia Government International Bond | 4.55 | 01/11/28 | 220,000 | 221,658 | ||||||||||
| Indonesia Government International Bond | 4.65 | 09/20/32 | 250,000 | 251,214 | ||||||||||
| Indonesia Government International Bond | 4.75 | 01/08/26 | 400,000 | 405,589 | ||||||||||
| Indonesia Government International Bond | 4.75 | 02/11/29 | 225,000 | 229,085 | ||||||||||
| Indonesia Government International Bond | 4.85 | 01/11/33 | 200,000 | 203,289 | ||||||||||
| Indonesia Government International Bond | 5.88 | 01/15/24 | 325,000 | 328,844 | ||||||||||
| Iraq International Bond | 5.80 | 01/15/28 | 703,125 | 658,239 | ||||||||||
| Ivory Coast Government International Bond | 6.13 | 06/15/33 | 750,000 | 636,373 | ||||||||||
| Jamaica Government International Bond | 6.75 | 04/28/28 | 850,000 | 898,104 | ||||||||||
| Jordan Government International Bond | 5.75 | 01/31/27 | 600,000 | 574,976 | ||||||||||
| Jordan Government International Bond | 5.85 | 07/07/30 | 700,000 | 630,411 | ||||||||||
| Jordan Government International Bond | 6.13 | 01/29/26 | 600,000 | 590,316 | ||||||||||
| Jordan Government International Bond | 7.50 | 01/13/29 | 650,000 | 651,029 | ||||||||||
| Kazakhstan Government International Bond | 3.88 | 10/14/24 | 900,000 | 903,283 | ||||||||||
| Kazakhstan Government International Bond | 5.13 | 07/21/25 | 1,450,000 | 1,498,466 | ||||||||||
| KSA Sukuk Ltd. | 2.25 | 05/17/31 | 450,000 | 393,462 | ||||||||||
| KSA Sukuk Ltd. | 2.97 | 10/29/29 | 575,000 | 536,786 | ||||||||||
| KSA Sukuk Ltd. | 3.63 | 04/20/27 | 1,000,000 | 984,618 | ||||||||||
| KSA Sukuk Ltd. | 4.30 | 01/19/29 | 450,000 | 453,796 | ||||||||||
| KSA Sukuk Ltd. | 5.27 | 10/25/28 | 325,000 | 341,995 | ||||||||||
| Kuwait International Government Bond | 3.50 | 03/20/27 | 2,650,000 | 2,612,960 | ||||||||||
| Lebanon Government International Bond(2) | 6.00 | 01/27/23 | 600,000 | 37,261 | ||||||||||
| Lebanon Government International Bond(2) | 6.10 | 10/04/22 | 1,700,000 | 106,802 | ||||||||||
| Lebanon Government International Bond(2) | 6.65 | 02/26/30 | 1,200,000 | 74,529 | ||||||||||
| Lebanon Government International Bond(2) | 6.85 | 03/23/27 | 1,100,000 | 68,866 | ||||||||||
| Lebanon Government International Bond(2) | 8.25 | 04/12/21 | 200,000 | 12,611 | ||||||||||
| Malaysia Sovereign Sukuk Bhd | 3.04 | 04/22/25 | 550,000 | 538,860 | ||||||||||
| Malaysia Sukuk Global Bhd | 3.18 | 04/27/26 | 550,000 | 538,032 | ||||||||||
| Mexico Government International Bond | 2.66 | 05/24/31 | 500,000 | 423,972 | ||||||||||
| Mexico Government International Bond | 3.25 | 04/16/30 | 575,000 | 521,340 | ||||||||||
| Mexico Government International Bond | 3.75 | 01/11/28 | 325,000 | 314,611 | ||||||||||
| Mexico Government International Bond | 4.13 | 01/21/26 | 325,000 | 321,392 | ||||||||||
| Mexico Government International Bond | 4.15 | 03/28/27 | 400,000 | 396,159 | ||||||||||
| Mexico Government International Bond | 4.50 | 04/22/29 | 500,000 | 494,856 | ||||||||||
| Mexico Government International Bond | 4.75 | 04/27/32 | 400,000 | 390,609 | ||||||||||
The accompanying notes are an integral part of these financial statements.
119
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% (Continued) | ||||||||||||||
| Mexico Government International Bond | 8.30 | 08/15/31 | $ | 150,000 | $ | 178,097 | ||||||||
| Morocco Government International Bond | 3.00 | 12/15/32 | 600,000 | 486,372 | ||||||||||
| Morocco Government International Bond | 5.95 | 03/08/28 | 730,000 | 750,794 | ||||||||||
| Nigeria Government International Bond | 6.13 | 09/28/28 | 600,000 | 459,278 | ||||||||||
| Nigeria Government International Bond | 6.50 | 11/28/27 | 875,000 | 701,422 | ||||||||||
| Nigeria Government International Bond | 7.14 | 02/23/30 | 750,000 | 563,640 | ||||||||||
| Nigeria Government International Bond | 7.63 | 11/21/25 | 650,000 | 591,183 | ||||||||||
| Nigeria Government International Bond | 7.88 | 02/16/32 | 850,000 | 632,974 | ||||||||||
| Nigeria Government International Bond | 8.38 | 03/24/29 | 725,000 | 593,335 | ||||||||||
| Nigeria Government International Bond | 8.75 | 01/21/31 | 600,000 | 478,611 | ||||||||||
| Oman Government International Bond | 4.75 | 06/15/26 | 1,075,000 | 1,057,367 | ||||||||||
| Oman Government International Bond | 4.88 | 02/01/25 | 550,000 | 545,793 | ||||||||||
| Oman Government International Bond | 5.38 | 03/08/27 | 700,000 | 699,116 | ||||||||||
| Oman Government International Bond | 5.63 | 01/17/28 | 1,075,000 | 1,086,167 | ||||||||||
| Oman Government International Bond | 6.00 | 08/01/29 | 975,000 | 999,095 | ||||||||||
| Oman Government International Bond | 6.25 | 01/25/31 | 750,000 | 778,230 | ||||||||||
| Oman Government International Bond | 6.75 | 10/28/27 | 625,000 | 660,156 | ||||||||||
| Oman Government International Bond | 7.38 | 10/28/32 | 450,000 | 501,406 | ||||||||||
| Oman Sovereign Sukuk Co. | 4.40 | 06/01/24 | 875,000 | 865,423 | ||||||||||
| Oman Sovereign Sukuk Co. | 4.88 | 06/15/30 | 800,000 | 808,964 | ||||||||||
| Oman Sovereign Sukuk Co. | 5.93 | 10/31/25 | 650,000 | 666,265 | ||||||||||
| Pakistan Global Sukuk Programme Co. Ltd. | 7.95 | 01/31/29 | 575,000 | 254,163 | ||||||||||
| Pakistan Government International Bond | 6.00 | 04/08/26 | 775,000 | 283,739 | ||||||||||
| Pakistan Government International Bond | 6.88 | 12/05/27 | 875,000 | 313,099 | ||||||||||
| Pakistan Government International Bond | 7.38 | 04/08/31 | 825,000 | 284,994 | ||||||||||
| Pakistan Government International Bond | 8.25 | 04/15/24 | 575,000 | 292,143 | ||||||||||
| Panama Government International Bond | 2.25 | 09/29/32 | 900,000 | 697,311 | ||||||||||
| Panama Government International Bond | 3.16 | 01/23/30 | 625,000 | 553,745 | ||||||||||
| Panama Government International Bond | 3.30 | 01/19/33 | 450,000 | 381,807 | ||||||||||
| Panama Government International Bond | 3.75 | 03/16/25 | 500,000 | 491,085 | ||||||||||
| Panama Government International Bond | 3.88 | 03/17/28 | 400,000 | 386,133 | ||||||||||
| Paraguay Government International Bond | 4.95 | 04/28/31 | 600,000 | 582,246 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 1.50 | 06/09/26 | 250,000 | 230,033 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 2.55 | 06/09/31 | 250,000 | 219,773 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 2.80 | 06/23/30 | 200,000 | 181,467 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.15 | 03/29/27 | 350,000 | 349,571 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.33 | 05/28/25 | 350,000 | 351,288 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.35 | 09/10/24 | 275,000 | 275,979 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.40 | 06/06/27 | 325,000 | 326,640 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.40 | 03/01/28 | 325,000 | 326,918 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.45 | 02/20/29 | 200,000 | 201,654 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.55 | 03/29/26 | 300,000 | 302,239 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.70 | 06/06/32 | 300,000 | 305,606 | ||||||||||
| Peruvian Government International Bond | 1.86 | 12/01/32 | 425,000 | 329,694 | ||||||||||
| Peruvian Government International Bond | 2.39 | 01/23/26 | 425,000 | 402,175 | ||||||||||
| Peruvian Government International Bond | 2.78 | 01/23/31 | 1,575,000 | 1,367,947 | ||||||||||
| Peruvian Government International Bond | 4.13 | 08/25/27 | 425,000 | 418,767 | ||||||||||
| Peruvian Government International Bond | 7.35 | 07/21/25 | 650,000 | 686,478 | ||||||||||
The accompanying notes are an integral part of these financial statements.
120
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% (Continued) | ||||||||||||||
| Philippine Government International Bond | 1.65 | 06/10/31 | $ | 450,000 | $ | 366,059 | ||||||||
| Philippine Government International Bond | 2.46 | 05/05/30 | 375,000 | 329,349 | ||||||||||
| Philippine Government International Bond | 3.00 | 02/01/28 | 750,000 | 710,885 | ||||||||||
| Philippine Government International Bond | 3.75 | 01/14/29 | 550,000 | 533,174 | ||||||||||
| Philippine Government International Bond | 4.20 | 01/21/24 | 550,000 | 547,687 | ||||||||||
| Philippine Government International Bond | 5.50 | 03/30/26 | 375,000 | 387,741 | ||||||||||
| Philippine Government International Bond | 6.38 | 01/15/32 | 375,000 | 424,110 | ||||||||||
| Philippine Government International Bond | 7.75 | 01/14/31 | 600,000 | 718,971 | ||||||||||
| Philippine Government International Bond | 9.50 | 02/02/30 | 450,000 | 576,128 | ||||||||||
| Philippine Government International Bond | 10.63 | 03/16/25 | 450,000 | 502,899 | ||||||||||
| Qatar Government International Bond | 3.25 | 06/02/26 | 950,000 | 928,924 | ||||||||||
| Qatar Government International Bond | 3.38 | 03/14/24 | 525,000 | 518,788 | ||||||||||
| Qatar Government International Bond | 3.40 | 04/16/25 | 525,000 | 515,160 | ||||||||||
| Qatar Government International Bond | 3.75 | 04/16/30 | 800,000 | 793,178 | ||||||||||
| Qatar Government International Bond | 4.00 | 03/14/29 | 1,050,000 | 1,054,337 | ||||||||||
| Qatar Government International Bond | 4.50 | 04/23/28 | 800,000 | 820,546 | ||||||||||
| Qatar Government International Bond | 9.75 | 06/15/30 | 450,000 | 607,482 | ||||||||||
| RAK Capital | 3.09 | 03/31/25 | 200,000 | 193,754 | ||||||||||
| Republic of Azerbaijan International Bond | 3.50 | 09/01/32 | 650,000 | 568,038 | ||||||||||
| Republic of Kenya Government International Bond | 6.88 | 06/24/24 | 1,150,000 | 1,001,476 | ||||||||||
| Republic of Kenya Government International Bond | 7.25 | 02/28/28 | 600,000 | 464,192 | ||||||||||
| Republic of Kenya Government International Bond | 8.00 | 05/22/32 | 700,000 | 528,199 | ||||||||||
| Republic of Poland Government International Bond | 3.25 | 04/06/26 | 1,000,000 | 976,745 | ||||||||||
| Republic of Poland Government International Bond | 4.00 | 01/22/24 | 1,150,000 | 1,143,580 | ||||||||||
| Republic of Poland Government International Bond | 5.50 | 11/16/27 | 850,000 | 892,523 | ||||||||||
| Republic of Poland Government International Bond | 5.75 | 11/16/32 | 850,000 | 923,414 | ||||||||||
| Republic of South Africa Government International Bond | 4.30 | 10/12/28 | 900,000 | 810,187 | ||||||||||
| Republic of South Africa Government International Bond | 4.67 | 01/17/24 | 675,000 | 668,999 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/27/27 | 450,000 | 429,002 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/30/29 | 950,000 | 855,938 | ||||||||||
| Republic of South Africa Government International Bond | 4.88 | 04/14/26 | 550,000 | 534,119 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 09/16/25 | 900,000 | 900,220 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 06/22/30 | 625,000 | 587,556 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 04/20/32 | 625,000 | 568,950 | ||||||||||
| Romanian Government International Bond | 3.00 | 02/27/27 | 950,000 | 868,568 | ||||||||||
| Romanian Government International Bond | 3.00 | 02/14/31 | 800,000 | 669,510 | ||||||||||
| Romanian Government International Bond | 3.63 | 03/27/32 | 650,000 | 557,245 | ||||||||||
| Romanian Government International Bond | 5.25 | 11/25/27 | 600,000 | 594,933 | ||||||||||
| Romanian Government International Bond | 6.63 | 02/17/28 | 650,000 | 677,087 | ||||||||||
| Romanian Government International Bond | 7.13 | 01/17/33 | 850,000 | 910,760 | ||||||||||
| Saudi Government International Bond | 2.25 | 02/02/33 | 450,000 | 375,271 | ||||||||||
| Saudi Government International Bond | 2.50 | 02/03/27 | 275,000 | 260,322 | ||||||||||
| Saudi Government International Bond | 2.75 | 02/03/32 | 225,000 | 200,980 | ||||||||||
| Saudi Government International Bond | 2.90 | 10/22/25 | 550,000 | 532,873 | ||||||||||
| Saudi Government International Bond | 3.25 | 10/26/26 | 900,000 | 876,512 | ||||||||||
| Saudi Government International Bond | 3.25 | 10/22/30 | 350,000 | 327,255 | ||||||||||
| Saudi Government International Bond | 3.63 | 03/04/28 | 900,000 | 875,718 | ||||||||||
| Saudi Government International Bond | 4.00 | 04/17/25 | 800,000 | 795,326 | ||||||||||
The accompanying notes are an integral part of these financial statements.
121
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% (Continued) | ||||||||||||||
| Saudi Government International Bond | 4.38 | 04/16/29 | $ | 850,000 | $ | 858,039 | ||||||||
| Saudi Government International Bond | 4.50 | 04/17/30 | 500,000 | 505,469 | ||||||||||
| Saudi Government International Bond | 4.75 | 01/18/28 | 525,000 | 535,647 | ||||||||||
| Saudi Government International Bond | 5.50 | 10/25/32 | 500,000 | 542,206 | ||||||||||
| Senegal Government International Bond | 6.25 | 05/23/33 | 625,000 | 494,625 | ||||||||||
| Serbia International Bond | 2.13 | 12/01/30 | 700,000 | 547,183 | ||||||||||
| Sharjah Sukuk Program Ltd. | 2.94 | 06/10/27 | 225,000 | 206,054 | ||||||||||
| Sharjah Sukuk Program Ltd. | 3.23 | 10/23/29 | 200,000 | 179,179 | ||||||||||
| Sharjah Sukuk Program Ltd. | 3.85 | 04/03/26 | 200,000 | 193,097 | ||||||||||
| Sharjah Sukuk Program Ltd. | 4.23 | 03/14/28 | 250,000 | 239,822 | ||||||||||
| Sri Lanka Government International Bond | 5.75 | 04/18/23 | 725,000 | 245,112 | ||||||||||
| Sri Lanka Government International Bond | 6.20 | 05/11/27 | 900,000 | 299,884 | ||||||||||
| Sri Lanka Government International Bond | 6.75 | 04/18/28 | 725,000 | 242,067 | ||||||||||
| Sri Lanka Government International Bond | 6.85 | 03/14/24 | 600,000 | 202,131 | ||||||||||
| Sri Lanka Government International Bond | 6.85 | 11/03/25 | 1,300,000 | 463,528 | ||||||||||
| Sri Lanka Government International Bond | 7.55 | 03/28/30 | 1,675,000 | 559,659 | ||||||||||
| Trinidad & Tobago Government International Bond | 4.50 | 08/04/26 | 600,000 | 589,121 | ||||||||||
| Tunisian Republic International Bond | 5.75 | 01/30/25 | 575,000 | 298,737 | ||||||||||
| Turkey Government International Bond | 4.25 | 03/13/25 | 425,000 | 395,954 | ||||||||||
| Turkey Government International Bond | 4.25 | 04/14/26 | 325,000 | 290,886 | ||||||||||
| Turkey Government International Bond | 4.75 | 01/26/26 | 400,000 | 365,185 | ||||||||||
| Turkey Government International Bond | 4.88 | 10/09/26 | 650,000 | 583,778 | ||||||||||
| Turkey Government International Bond | 5.13 | 02/17/28 | 425,000 | 371,183 | ||||||||||
| Turkey Government International Bond | 5.25 | 03/13/30 | 425,000 | 351,157 | ||||||||||
| Turkey Government International Bond | 5.60 | 11/14/24 | 550,000 | 530,373 | ||||||||||
| Turkey Government International Bond | 5.75 | 03/22/24 | 525,000 | 515,572 | ||||||||||
| Turkey Government International Bond | 5.88 | 06/26/31 | 375,000 | 313,747 | ||||||||||
| Turkey Government International Bond | 5.95 | 01/15/31 | 500,000 | 421,819 | ||||||||||
| Turkey Government International Bond | 6.00 | 03/25/27 | 700,000 | 645,498 | ||||||||||
| Turkey Government International Bond | 6.13 | 10/24/28 | 600,000 | 538,963 | ||||||||||
| Turkey Government International Bond | 6.35 | 08/10/24 | 500,000 | 491,230 | ||||||||||
| Turkey Government International Bond | 6.38 | 10/14/25 | 550,000 | 524,241 | ||||||||||
| Turkey Government International Bond | 7.25 | 12/23/23 | 225,000 | 226,045 | ||||||||||
| Turkey Government International Bond | 7.38 | 02/05/25 | 600,000 | 592,321 | ||||||||||
| Turkey Government International Bond | 7.63 | 04/26/29 | 850,000 | 808,443 | ||||||||||
| Turkey Government International Bond | 8.60 | 09/24/27 | 425,000 | 425,553 | ||||||||||
| Turkey Government International Bond | 9.13 | 07/13/30 | 200,000 | 200,261 | ||||||||||
| Turkey Government International Bond | 9.38 | 03/14/29 | 250,000 | 253,192 | ||||||||||
| Turkey Government International Bond | 9.38 | 01/19/33 | 450,000 | 455,258 | ||||||||||
| Turkey Government International Bond | 9.88 | 01/15/28 | 550,000 | 569,775 | ||||||||||
| Turkey Government International Bond | 11.88 | 01/15/30 | 325,000 | 381,404 | ||||||||||
| UAE Government International Bond | 2.00 | 10/19/31 | 225,000 | 194,880 | ||||||||||
| UAE Government International Bond | 4.05 | 07/07/32 | 250,000 | 251,444 | ||||||||||
| Ukraine Government International Bond | 6.88 | 05/21/31 | 1,000,000 | 165,983 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/25 | 775,000 | 150,929 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/26 | 750,000 | 132,204 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/27 | 800,000 | 141,050 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/28 | 750,000 | 133,481 | ||||||||||
The accompanying notes are an integral part of these financial statements.
122
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 85.3% (Continued) | ||||||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/29 | $ | 750,000 | $ | 133,089 | ||||||||
| Ukraine Government International Bond | 9.75 | 11/01/30 | 950,000 | 173,672 | ||||||||||
| Uruguay Government International Bond | 4.38 | 10/27/27 | 850,000 | 859,471 | ||||||||||
| Uruguay Government International Bond | 4.38 | 01/23/31 | 1,175,000 | 1,187,455 | ||||||||||
| Vietnam Government International Bond | 4.80 | 11/19/24 | 600,000 | 587,366 | ||||||||||
| Zambia Government International Bond | 8.50 | 04/14/24 | 600,000 | 285,516 | ||||||||||
| Zambia Government International Bond | 8.97 | 07/30/27 | 700,000 | 328,734 | ||||||||||
| 154,753,191 | ||||||||||||||
| TOTAL GOVERNMENT AGENCIES AND OBLIGATIONS (Cost - $159,819,052) | 158,035,317 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.7% | ||||||||||||||
| TIME DEPOSITS – 0.7% | ||||||||||||||
| Citibank, London | 1.92 | 05/02/23 | EUR | 581 | 642 | |||||||||
| Sumitomo Mitsui Trust Bank, London | 4.18 | 05/01/23 | $ | 1,303,288 | 1,303,288 | |||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,303,930) | 1,303,930 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $181,783,546) | $ | 180,056,095 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 1,488,393 | |||||||||||||
| NET ASSETS – 100.0% | $ | 181,544,488 | ||||||||||||
ZCP Indicates a zero coupon rate.
| (1) | Includes step-up bonds that pay an initial coupon rate for the first period and then a higher coupon rate for the following periods. The rate reported is the rate in effect as of April 30, 2023. | |
| (2) | Defaulted security. Security has not paid its last interest payment and/or interest is not being accrued. |
The accompanying notes are an integral part of these financial statements.
123
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2023 (Unaudited)
COUNTRY DIVERSIFICATION
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF invested, as a percentage of net assets, in the following countries as of April 30, 2023:
| Country | Percent of Net Assets | |||
| Angola | 1.4 | % | ||
| Argentina | 1.6 | % | ||
| Azerbaijan | 1.0 | % | ||
| Bahrain | 4.0 | % | ||
| Bolivia | 0.2 | % | ||
| Brazil | 3.4 | % | ||
| British Virgin Islands | 1.6 | % | ||
| Cayman Islands | 2.8 | % | ||
| Chile | 1.5 | % | ||
| China | 1.7 | % | ||
| Colombia | 2.2 | % | ||
| Costa Rica | 0.8 | % | ||
| Croatia | 0.5 | % | ||
| Dominican Republic | 3.4 | % | ||
| Ecuador | 1.7 | % | ||
| Egypt | 2.2 | % | ||
| Ethiopia | 0.2 | % | ||
| Gabon | 0.2 | % | ||
| Ghana | 1.0 | % | ||
| Hong Kong | 0.5 | % | ||
| Hungary | 2.5 | % | ||
| India | 1.4 | % | ||
| Indonesia | 4.5 | % | ||
| Iraq | 0.4 | % | ||
| Ivory Coast | 0.4 | % | ||
| Jamaica | 0.5 | % | ||
| Jordan | 1.3 | % | ||
| Kazakhstan | 1.3 | % | ||
| Kenya | 1.1 | % | ||
| Kuwait | 1.4 | % | ||
| Country | Percent of Net Assets | |||
| Lebanon | 0.2 | % | ||
| Malaysia | 2.1 | % | ||
| Mexico | 4.1 | % | ||
| Morocco | 0.7 | % | ||
| Nigeria | 2.2 | % | ||
| Oman | 4.8 | % | ||
| Pakistan | 0.8 | % | ||
| Panama | 1.6 | % | ||
| Paraguay | 0.3 | % | ||
| Peru | 1.9 | % | ||
| Philippines | 3.1 | % | ||
| Poland | 2.2 | % | ||
| Qatar | 3.5 | % | ||
| Romania | 2.4 | % | ||
| Saudi Arabia | 3.7 | % | ||
| Senegal | 0.3 | % | ||
| Serbia | 0.3 | % | ||
| South Africa | 3.7 | % | ||
| Sri Lanka | 1.1 | % | ||
| Trinidad and Tobago | 0.3 | % | ||
| Tunisia | 0.2 | % | ||
| Turkey | 6.6 | % | ||
| Ukraine | 0.6 | % | ||
| United Arab Emirates | 3.4 | % | ||
| Uruguay | 1.1 | % | ||
| Vietnam | 0.3 | % | ||
| Zambia | 0.3 | % | ||
| Other* | 1.5 | % | ||
| 100.0 | % | |||
| * | Includes cash and any non-equity securities and net other assets (liabilities). |
The accompanying notes are an integral part of these financial statements.
124
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 103.0% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 99.5% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 05/18/23 | $ | 4,477,100 | $ | 4,467,930 | ||||||||
| U.S. Treasury Bill | ZCP | 06/15/23 | 27,381,400 | 27,220,118 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/13/23 | 44,010,000 | 43,571,696 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/27/23 | 5,968,000 | 5,896,780 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/10/23 | 48,900,000 | 48,218,248 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/24/23 | 30,530,400 | 30,048,597 | ||||||||||
| U.S. Treasury Bill | ZCP | 09/07/23 | 46,651,800 | 45,848,517 | ||||||||||
| U.S. Treasury Bill | ZCP | 10/05/23 | 39,431,300 | 38,603,282 | ||||||||||
| U.S. Treasury Bill | ZCP | 10/19/23 | 10,176,800 | 9,944,182 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/02/23 | 54,096,700 | 52,780,797 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/30/23 | 6,555,100 | 6,384,853 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/28/23 | 46,942,000 | 45,582,724 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/25/24 | 46,551,000 | 45,006,952 | ||||||||||
| U.S. Treasury Bill | ZCP | 02/22/24 | 40,405,300 | 38,900,532 | ||||||||||
| U.S. Treasury Bill | ZCP | 03/21/24 | 27,594,600 | 26,449,241 | ||||||||||
| U.S. Treasury Bill | ZCP | 04/18/24 | 21,444,400 | 20,487,629 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $489,625,365) | 489,412,078 | |||||||||||||
| TIME DEPOSITS – 3.5% | ||||||||||||||
| ANZ National Bank, London | 4.18 | 05/01/23 | 17,100,431 | 17,100,431 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $506,725,796) | 506,512,509 | |||||||||||||
| TOTAL INVESTMENTS – 103.0% (Cost - $506,725,796) | $ | 506,512,509 | ||||||||||||
| OTHER LIABILITIES, LESS CASH AND OTHER ASSETS – (3.0)% | (14,938,291 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 491,574,218 | ||||||||||||
ZCP Indicates a zero coupon rate.
The accompanying notes are an integral part of these financial statements.
125
BONDBLOXX ETF TRUST
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.2% | ||||||||||||||
| U.S. Treasury Note | 0.13 | 02/15/24 | $ | 1,898,600 | $ | 1,828,515 | ||||||||
| U.S. Treasury Note | 0.25 | 09/30/23 | 156,800 | 153,820 | ||||||||||
| U.S. Treasury Note | 0.25 | 11/15/23 | 3,706,000 | 3,614,219 | ||||||||||
| U.S. Treasury Note | 0.25 | 05/15/24 | 11,826,000 | 11,283,898 | ||||||||||
| U.S. Treasury Note | 0.38 | 10/31/23 | 3,206,000 | 3,135,305 | ||||||||||
| U.S. Treasury Note | 0.38 | 04/15/24 | 4,001,400 | 3,836,264 | ||||||||||
| U.S. Treasury Note | 0.50 | 11/30/23 | 1,958,000 | 1,908,782 | ||||||||||
| U.S. Treasury Note | 0.63 | 10/15/24 | 12,400,000 | 11,742,461 | ||||||||||
| U.S. Treasury Note | 0.75 | 12/31/23 | 12,040,000 | 11,713,368 | ||||||||||
| U.S. Treasury Note | 0.88 | 01/31/24 | 12,067,200 | 11,710,605 | ||||||||||
| U.S. Treasury Note | 1.38 | 09/30/23 | 135,800 | 133,829 | ||||||||||
| U.S. Treasury Note | 1.75 | 07/31/24 | 2,139,000 | 2,065,931 | ||||||||||
| U.S. Treasury Note | 2.00 | 06/30/24 | 2,676,000 | 2,596,295 | ||||||||||
| U.S. Treasury Note | 2.25 | 03/31/24 | 16,347,000 | 15,970,891 | ||||||||||
| U.S. Treasury Note | 2.25 | 04/30/24 | 4,574,400 | 4,459,147 | ||||||||||
| U.S. Treasury Note | 2.50 | 01/31/24 | 12,040,000 | 11,827,654 | ||||||||||
| U.S. Treasury Note | 2.50 | 04/30/24 | 4,664,700 | 4,559,106 | ||||||||||
| U.S. Treasury Note | 2.50 | 05/31/24 | 14,210,000 | 13,870,015 | ||||||||||
| U.S. Treasury Note | 3.00 | 06/30/24 | 2,324,200 | 2,280,667 | ||||||||||
| U.S. Treasury Note | 3.00 | 07/31/24 | 12,578,400 | 12,338,133 | ||||||||||
| U.S. Treasury Note | 3.25 | 08/31/24 | 6,211,600 | 6,111,511 | ||||||||||
| U.S. Treasury Note | 4.25 | 09/30/24 | 6,843,400 | 6,825,490 | ||||||||||
| U.S. Treasury Note | 4.38 | 10/31/24 | 5,140,700 | 5,139,294 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $149,211,815) | 149,105,200 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Citibank, New York | 4.18 | 05/01/23 | 118,761 | 118,761 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $118,761) | 118,761 | |||||||||||||
| TOTAL INVESTMENTS – 99.3% (Cost - $149,330,576) | $ | 149,223,961 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.7% | 1,071,019 | |||||||||||||
| NET ASSETS – 100.0% | $ | 150,294,980 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
126
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Note | 0.25 | 05/15/24 | $ | 4,650,000 | $ | 4,436,845 | ||||||||
| U.S. Treasury Note | 0.25 | 07/31/25 | 4,650,000 | 4,284,357 | ||||||||||
| U.S. Treasury Note | 0.25 | 08/31/25 | 6,227,500 | 5,723,948 | ||||||||||
| U.S. Treasury Note | 0.25 | 10/31/25 | 1,565,800 | 1,432,523 | ||||||||||
| U.S. Treasury Note | 0.38 | 04/15/24 | 5,858,000 | 5,616,243 | ||||||||||
| U.S. Treasury Note | 0.38 | 11/30/25 | 2,512,000 | 2,301,227 | ||||||||||
| U.S. Treasury Note | 0.50 | 02/28/26 | 1,635,800 | 1,493,754 | ||||||||||
| U.S. Treasury Note | 0.75 | 11/15/24 | 4,288,600 | 4,060,936 | ||||||||||
| U.S. Treasury Note | 0.75 | 04/30/26 | 2,841,800 | 2,603,577 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 2,000,000 | 1,828,281 | ||||||||||
| U.S. Treasury Note | 1.13 | 01/15/25 | 4,464,000 | 4,237,313 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/25 | 4,222,400 | 4,027,939 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/26 | 2,428,600 | 2,283,453 | ||||||||||
| U.S. Treasury Note | 1.75 | 03/15/25 | 3,720,000 | 3,561,609 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/31/26 | 1,800,000 | 1,717,172 | ||||||||||
| U.S. Treasury Note | 2.25 | 03/31/24 | 416,800 | 407,210 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/25 | 2,978,000 | 2,863,533 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/15/25 | 5,063,200 | 4,935,631 | ||||||||||
| U.S. Treasury Note | 2.88 | 06/15/25 | 6,510,000 | 6,360,982 | ||||||||||
| U.S. Treasury Note | 3.00 | 07/31/24 | 1,895,700 | 1,859,489 | ||||||||||
| U.S. Treasury Note | 3.00 | 07/15/25 | 4,111,500 | 4,027,343 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/15/25 | 5,580,000 | 5,481,042 | ||||||||||
| U.S. Treasury Note | 4.00 | 12/15/25 | 6,566,900 | 6,596,656 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/26 | 2,672,800 | 2,688,357 | ||||||||||
| U.S. Treasury Note | 4.25 | 09/30/24 | 1,539,600 | 1,535,571 | ||||||||||
| U.S. Treasury Note | 4.25 | 12/31/24 | 1,763,500 | 1,762,846 | ||||||||||
| U.S. Treasury Note | 4.25 | 10/15/25 | 2,432,300 | 2,452,823 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/30/24 | 765,900 | 767,815 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/25 | 372,000 | 377,682 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $91,591,327) | 91,726,157 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| JP Morgan Chase, New York | 4.18 | 05/01/23 | 121,456 | 121,456 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $121,456) | 121,456 | |||||||||||||
| TOTAL INVESTMENTS – 99.0% (Cost - $91,712,783) | $ | 91,847,613 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.0% | 902,770 | |||||||||||||
| NET ASSETS – 100.0% | $ | 92,750,383 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
127
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.2% | ||||||||||||||
| U.S. Treasury Note | 0.25 | 05/31/25 | $ | 280,000 | $ | 259,120 | ||||||||
| U.S. Treasury Note | 0.25 | 07/31/25 | 1,374,600 | 1,266,511 | ||||||||||
| U.S. Treasury Note | 0.25 | 08/31/25 | 996,800 | 916,199 | ||||||||||
| U.S. Treasury Note | 0.38 | 11/30/25 | 1,122,000 | 1,027,857 | ||||||||||
| U.S. Treasury Note | 0.38 | 12/31/25 | 1,347,200 | 1,233,109 | ||||||||||
| U.S. Treasury Note | 0.38 | 01/31/26 | 1,752,400 | 1,597,765 | ||||||||||
| U.S. Treasury Note | 0.63 | 07/31/26 | 1,251,000 | 1,134,696 | ||||||||||
| U.S. Treasury Note | 0.75 | 03/31/26 | 673,000 | 618,766 | ||||||||||
| U.S. Treasury Note | 0.75 | 04/30/26 | 1,752,400 | 1,605,500 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 1,150,000 | 1,051,262 | ||||||||||
| U.S. Treasury Note | 0.75 | 08/31/26 | 1,481,700 | 1,346,495 | ||||||||||
| U.S. Treasury Note | 0.88 | 06/30/26 | 1,310,400 | 1,201,575 | ||||||||||
| U.S. Treasury Note | 0.88 | 09/30/26 | 1,122,000 | 1,022,729 | ||||||||||
| U.S. Treasury Note | 1.25 | 11/30/26 | 2,023,600 | 1,862,186 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/27 | 1,204,800 | 1,130,206 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/25 | 1,106,000 | 1,063,488 | ||||||||||
| U.S. Treasury Note | 2.63 | 05/31/27 | 870,800 | 838,927 | ||||||||||
| U.S. Treasury Note | 2.75 | 04/30/27 | 575,000 | 556,762 | ||||||||||
| U.S. Treasury Note | 2.75 | 07/31/27 | 1,100,000 | 1,064,379 | ||||||||||
| U.S. Treasury Note | 3.00 | 07/15/25 | 908,100 | 889,512 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/27 | 930,800 | 918,620 | ||||||||||
| U.S. Treasury Note | 4.13 | 09/30/27 | 200,000 | 204,563 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $22,619,725) | 22,810,227 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 4.18 | 05/01/23 | 45,341 | 45,341 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $45,341) | 45,341 | |||||||||||||
| TOTAL INVESTMENTS – 99.4% (Cost - $22,665,066) | $ | 22,855,568 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.6% | 140,463 | |||||||||||||
| NET ASSETS – 100.0% | $ | 22,996,031 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
128
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.2% | ||||||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | $ | 100 | $ | 89 | ||||||||
| U.S. Treasury Note | 0.50 | 06/30/27 | 949,000 | 836,936 | ||||||||||
| U.S. Treasury Note | 0.50 | 10/31/27 | 1,908,800 | 1,668,039 | ||||||||||
| U.S. Treasury Note | 0.63 | 11/30/27 | 2,190,000 | 1,921,811 | ||||||||||
| U.S. Treasury Note | 0.75 | 01/31/28 | 1,825,000 | 1,604,574 | ||||||||||
| U.S. Treasury Note | 1.00 | 07/31/28 | 1,765,200 | 1,553,307 | ||||||||||
| U.S. Treasury Note | 1.25 | 03/31/28 | 1,825,000 | 1,638,864 | ||||||||||
| U.S. Treasury Note | 1.25 | 04/30/28 | 2,478,500 | 2,221,549 | ||||||||||
| U.S. Treasury Note | 1.25 | 06/30/28 | 3,650,000 | 3,260,762 | ||||||||||
| U.S. Treasury Note | 1.25 | 09/30/28 | 3,650,000 | 3,242,369 | ||||||||||
| U.S. Treasury Note | 1.38 | 10/31/28 | 1,721,600 | 1,537,402 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/28 | 1,460,000 | 1,311,034 | ||||||||||
| U.S. Treasury Note | 2.38 | 03/31/29 | 1,095,000 | 1,028,145 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/31/29 | 1,261,300 | 1,208,582 | ||||||||||
| U.S. Treasury Note | 2.88 | 08/15/28 | 1,825,000 | 1,768,895 | ||||||||||
| U.S. Treasury Note | 2.88 | 04/30/29 | 2,824,700 | 2,726,387 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/27 | 1,970,000 | 1,935,756 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/29 | 2,173,800 | 2,126,503 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/30 | 950,000 | 950,742 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/27 | 231,400 | 234,763 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/29 | 1,362,400 | 1,393,373 | ||||||||||
| U.S. Treasury Note | 4.00 | 10/31/29 | 1,348,500 | 1,387,059 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/28/30 | 760,400 | 783,984 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $36,043,704) | 36,340,925 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| JP Morgan Chase, New York | 4.18 | 05/01/23 | 59,816 | 59,816 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $59,816) | 59,816 | |||||||||||||
| TOTAL INVESTMENTS – 99.4% (Cost - $36,103,520) | $ | 36,400,741 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.6% | 207,479 | |||||||||||||
| NET ASSETS – 100.0% | $ | 36,608,220 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
129
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Note | 0.63 | 05/15/30 | $ | 2,040,000 | $ | 1,683,160 | ||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 2,268,000 | 1,861,886 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 2,160,000 | 1,835,156 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 1,620,000 | 1,377,759 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/28 | 419,900 | 377,057 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/30 | 1,155,400 | 1,019,911 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 2,160,000 | 1,894,050 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | 2,213,000 | 1,956,430 | ||||||||||
| U.S. Treasury Note | 2.38 | 03/31/29 | 1,100,000 | 1,032,840 | ||||||||||
| U.S. Treasury Note | 2.63 | 07/31/29 | 1,620,000 | 1,539,949 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/31/29 | 1,079,200 | 1,034,093 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 2,086,000 | 1,974,367 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 3,311,100 | 3,169,860 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/29 | 1,458,000 | 1,426,277 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/29 | 1,080,000 | 1,063,758 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 1,050,000 | 1,056,317 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 2,254,000 | 2,379,555 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $26,429,550) | 26,682,425 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 4.18 | 05/01/23 | 32,636 | 32,636 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $32,636) | 32,636 | |||||||||||||
| TOTAL INVESTMENTS – 99.0% (Cost - $26,462,186) | $ | 26,715,061 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.0% | 267,055 | |||||||||||||
| NET ASSETS – 100.0% | $ | 26,982,116 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
130
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 97.5% | ||||||||||||||
| U.S. Treasury Bond | 3.25 | 05/15/42 | $ | 500,000 | $ | 463,242 | ||||||||
| U.S. Treasury Bond | 3.38 | 08/15/42 | 850,000 | 800,859 | ||||||||||
| U.S. Treasury Bond | 3.75 | 08/15/41 | 1,281,000 | 1,284,803 | ||||||||||
| U.S. Treasury Bond | 3.88 | 08/15/40 | 1,456,000 | 1,499,908 | ||||||||||
| U.S. Treasury Bond | 3.88 | 02/15/43 | 25,000 | 25,265 | ||||||||||
| U.S. Treasury Bond | 4.00 | 11/15/42 | 660,000 | 680,006 | ||||||||||
| U.S. Treasury Bond | 4.25 | 11/15/40 | 1,556,200 | 1,678,994 | ||||||||||
| U.S. Treasury Bond | 4.63 | 02/15/40 | 1,661,200 | 1,879,362 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/41 | 1,505,000 | 1,723,931 | ||||||||||
| U.S. Treasury Bond | 5.00 | 05/15/37 | 1,108,200 | 1,299,278 | ||||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 1,900,000 | 1,559,781 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 1,774,800 | 1,509,412 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/30 | 1,050,000 | 926,871 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 1,916,500 | 1,680,531 | ||||||||||
| U.S. Treasury Note | 1.75 | 11/15/29 | 925,000 | 835,752 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 1,418,600 | 1,342,683 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 1,290,000 | 1,234,973 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 470,000 | 496,181 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $20,632,575) | 20,921,832 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.3% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 1.2% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 06/01/23 | 250,000 | 249,082 | ||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Citibank, New York | 4.18 | 05/01/23 | 32,690 | 32,690 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $281,700) | 281,772 | |||||||||||||
| TOTAL INVESTMENTS – 98.8% (Cost - $20,914,275) | $ | 21,203,604 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.2% | 255,293 | |||||||||||||
| NET ASSETS – 100.0% | $ | 21,458,897 | ||||||||||||
ZCP Indicates a zero coupon rate.
The accompanying notes are an integral part of these financial statements.
131
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2023 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 94.7% | ||||||||||||||
| U.S. Treasury Bond | 1.25 | 05/15/50 | $ | 7,108,000 | $ | 4,147,074 | ||||||||
| U.S. Treasury Bond | 1.38 | 08/15/50 | 7,090,000 | 4,267,848 | ||||||||||
| U.S. Treasury Bond | 1.63 | 11/15/50 | 3,609,500 | 2,321,360 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/51 | 2,102,900 | 1,439,829 | ||||||||||
| U.S. Treasury Bond | 1.88 | 11/15/51 | 2,712,000 | 1,848,186 | ||||||||||
| U.S. Treasury Bond | 2.00 | 02/15/50 | 1,186,800 | 842,721 | ||||||||||
| U.S. Treasury Bond | 2.00 | 08/15/51 | 2,073,700 | 1,460,176 | ||||||||||
| U.S. Treasury Bond | 2.25 | 08/15/49 | 1,053,300 | 793,266 | ||||||||||
| U.S. Treasury Bond | 2.25 | 02/15/52 | 1,060,000 | 791,108 | ||||||||||
| U.S. Treasury Bond | 2.38 | 11/15/49 | 345,500 | 267,358 | ||||||||||
| U.S. Treasury Bond | 2.38 | 05/15/51 | 1,071,400 | 824,141 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/52 | 313,600 | 268,422 | ||||||||||
| U.S. Treasury Bond | 3.00 | 02/15/48 | 810,600 | 707,755 | ||||||||||
| U.S. Treasury Bond | 3.00 | 08/15/52 | 367,600 | 322,942 | ||||||||||
| U.S. Treasury Bond | 4.00 | 11/15/52 | 537,000 | 570,185 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/47 | 1,977,700 | 784,011 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/49 | 1,910,000 | 733,559 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/50 | 2,591,100 | 950,407 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/51 | 3,150,000 | 1,122,126 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $24,094,624) | 24,462,474 | |||||||||||||
| SHORT-TERM INVESTMENTS – 4.2% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 4.0% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 06/01/23 | 1,050,000 | 1,046,144 | ||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| JP Morgan Chase, New York | 4.18 | 05/01/23 | 48,512 | 48,512 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,094,372) | 1,094,656 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $25,188,995) | $ | 25,557,130 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 281,361 | |||||||||||||
| NET ASSETS – 100.0% | $ | 25,838,491 | ||||||||||||
ZCP Indicates a zero coupon rate.
The accompanying notes are an integral part of these financial statements.
132
Statements of Assets and Liabilities
April 30, 2023 (Unaudited)
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | BondBloxx USD High Yield Bond Energy Sector ETF | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 20,209,746 | $ | 10,003,862 | $ | 6,675,060 | $ | 8,848,240 | $ | 11,380,594 | ||||||||||
| Cash | 471 | 152 | - | 144 | 216 | |||||||||||||||
| Receivable for investments sold | 160,028 | 463,322 | - | 177,398 | 134,577 | |||||||||||||||
| Interest income receivable | 323,622 | 178,106 | 121,753 | 143,130 | 191,380 | |||||||||||||||
| TOTAL ASSETS | 20,693,867 | 10,645,442 | 6,796,813 | 9,168,912 | 11,706,767 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | - | - | 10,753 | - | - | |||||||||||||||
| Payable for investments purchased | 197,541 | 428,005 | - | 224,164 | 225,081 | |||||||||||||||
| Management fees payable | 5,659 | 2,820 | 1,752 | 2,385 | 3,222 | |||||||||||||||
| TOTAL LIABILITIES | 203,200 | 430,825 | 12,505 | 226,549 | 228,303 | |||||||||||||||
| NET ASSETS | $ | 20,490,667 | $ | 10,214,617 | $ | 6,784,308 | $ | 8,942,363 | $ | 11,478,464 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 20,533,349 | 10,697,190 | 7,915,845 | 9,269,032 | 11,717,215 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (42,682 | ) | (482,573 | ) | (1,131,537 | ) | (326,669 | ) | (238,751 | ) | ||||||||||
| NET ASSETS | $ | 20,490,667 | $ | 10,214,617 | $ | 6,784,308 | $ | 8,942,363 | $ | 11,478,464 | ||||||||||
| Shares outstanding | 550,000 | 300,000 | 200,000 | 250,000 | 302,500 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 37.26 | $ | 34.05 | $ | 33.92 | $ | 35.77 | $ | 37.95 | ||||||||||
| Investment in securities, at cost | $ | 20,176,464 | $ | 10,286,921 | $ | 6,807,332 | $ | 8,984,045 | $ | 11,511,394 | ||||||||||
The accompanying notes are an integral part of these financial statements.
133
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2023 (Unaudited)
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | BondBloxx B Rated USD High Yield Corporate Bond ETF | BondBloxx BB Rated USD High Yield Corporate Bond ETF | BondBloxx USD High Yield | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 17,639,735 | $ | 7,351,873 | $ | 11,513,601 | $ | 46,584,500 | $ | 9,319,341 | ||||||||||
| Cash | 336 | 108 | 198 | 876 | 198 | |||||||||||||||
| Receivable for investments sold | 226,237 | 33,325 | 215,878 | 1,246,237 | 55,830 | |||||||||||||||
| Interest income receivable | 322,470 | 96,991 | 194,655 | 653,071 | 239,721 | |||||||||||||||
| TOTAL ASSETS | 18,188,778 | 7,482,297 | 11,924,332 | 48,484,684 | 9,615,090 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 283,558 | 54,685 | 289,514 | 1,186,665 | 250,372 | |||||||||||||||
| Management fees payable | 4,919 | 1,999 | 2,852 | 7,716 | 3,048 | |||||||||||||||
| TOTAL LIABILITIES | 288,477 | 56,684 | 292,366 | 1,194,381 | 253,420 | |||||||||||||||
| NET ASSETS | $ | 17,900,301 | $ | 7,425,613 | $ | 11,631,966 | $ | 47,290,303 | $ | 9,361,670 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 18,526,205 | 7,890,975 | 11,900,274 | 48,185,515 | 9,975,161 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (625,904 | ) | (465,362 | ) | (268,308 | ) | (895,212 | ) | (613,491 | ) | ||||||||||
| NET ASSETS | $ | 17,900,301 | $ | 7,425,613 | $ | 11,631,966 | $ | 47,290,303 | $ | 9,361,670 | ||||||||||
| Shares outstanding | 500,000 | 200,000 | 300,000 | 1,200,000 | 250,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 35.80 | $ | 37.13 | $ | 38.77 | $ | 39.41 | $ | 37.45 | ||||||||||
| Investment in securities, at cost | $ | 17,763,546 | $ | 7,461,227 | $ | 11,688,921 | $ | 47,040,351 | $ | 9,700,473 | ||||||||||
The accompanying notes are an integral part of these financial statements.
134
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2023 (Unaudited)
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | BondBloxx Bloomberg One Year Target Duration US Treasury ETF | BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 180,056,095 | $ | 506,512,509 | $ | 149,223,961 | $ | 91,847,613 | $ | 22,855,568 | ||||||||||
| Cash | 3,458 | 24,494 | 711 | 641 | 189 | |||||||||||||||
| Receivable for investments sold | 4,649,970 | 5,488,736 | 12,568,437 | 3,915,592 | 1,019,121 | |||||||||||||||
| Receivable for shares created | - | 6,532,278 | 12,978,368 | 3,983,016 | 996,860 | |||||||||||||||
| Interest income receivable | 2,191,724 | - | 771,437 | 554,128 | 95,414 | |||||||||||||||
| TOTAL ASSETS | 186,901,247 | 518,558,017 | 175,542,914 | 100,300,990 | 24,967,152 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 5,230,751 | 21,445,800 | 12,262,086 | 3,557,596 | 970,354 | |||||||||||||||
| Payable for shares redeemed | - | 5,528,699 | 12,982,216 | 3,989,240 | 999,820 | |||||||||||||||
| Management fees payable | 126,008 | 9,300 | 3,632 | 3,771 | 947 | |||||||||||||||
| TOTAL LIABILITIES | 5,356,759 | 26,983,799 | 25,247,934 | 7,550,607 | 1,971,121 | |||||||||||||||
| NET ASSETS | $ | 181,544,488 | $ | 491,574,218 | $ | 150,294,980 | $ | 92,750,383 | $ | 22,996,031 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 183,018,565 | 490,358,811 | 150,019,053 | 92,478,916 | 22,864,981 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (1,474,077 | ) | 1,215,407 | 275,927 | 271,467 | 131,050 | ||||||||||||||
| NET ASSETS | $ | 181,544,488 | $ | 491,574,218 | $ | 150,294,980 | $ | 92,750,383 | $ | 22,996,031 | ||||||||||
| Shares outstanding | 4,600,000 | 9,780,000 | 3,010,000 | 1,860,000 | 460,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 39.47 | $ | 50.26 | $ | 49.93 | $ | 49.87 | $ | 49.99 | ||||||||||
| Investment in securities, at cost | $ | 181,783,546 | $ | 506,725,796 | $ | 149,330,576 | $ | 91,712,783 | $ | 22,665,066 | ||||||||||
The accompanying notes are an integral part of these financial statements.
135
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued) (Concluded)
April 30, 2023 (Unaudited)
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | |||||||||||||
| ASSETS: | ||||||||||||||||
| Investments in securities, at value | $ | 36,400,741 | $ | 26,715,061 | $ | 21,203,604 | $ | 25,557,130 | ||||||||
| Cash | 237 | 173 | 157 | 225 | ||||||||||||
| Receivable for investments sold | 935,922 | 568,030 | 74,717 | 103,628 | ||||||||||||
| Receivable for shares created | 997,476 | 496,036 | - | - | ||||||||||||
| Interest income receivable | 231,367 | 206,161 | 207,216 | 180,150 | ||||||||||||
| TOTAL ASSETS | 38,565,743 | 27,985,461 | 21,485,694 | 25,841,133 | ||||||||||||
| LIABILITIES: | ||||||||||||||||
| Payable for investments purchased | 953,071 | 502,571 | 25,479 | - | ||||||||||||
| Payable for shares redeemed | 1,002,958 | 499,667 | - | - | ||||||||||||
| Management fees payable | 1,494 | 1,107 | 1,318 | 2,642 | ||||||||||||
| TOTAL LIABILITIES | 1,957,523 | 1,003,345 | 26,797 | 2,642 | ||||||||||||
| NET ASSETS | $ | 36,608,220 | $ | 26,982,116 | $ | 21,458,897 | $ | 25,838,491 | ||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||
| Paid-in capital | 36,309,061 | 26,766,181 | 21,251,092 | 26,356,625 | ||||||||||||
| Total distributable earnings/(accumulated loss) | 299,159 | 215,935 | 207,805 | (518,134 | ) | |||||||||||
| NET ASSETS | $ | 36,608,220 | $ | 26,982,116 | $ | 21,458,897 | $ | 25,838,491 | ||||||||
| Shares outstanding | 730,000 | 540,000 | 430,000 | 530,000 | ||||||||||||
| Net asset value, offering and redemption price per share | $ | 50.15 | $ | 49.97 | $ | 49.90 | $ | 48.75 | ||||||||
| Investment in securities, at cost | $ | 36,103,520 | $ | 26,462,186 | $ | 20,914,275 | $ | 25,188,995 | ||||||||
The accompanying notes are an integral part of these financial statements.
136
Statements of Operations
For the Period Ended April 30, 2023 (Unaudited)
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | BondBloxx USD High Yield Bond Energy Sector ETF | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 199,791 | $ | 156,816 | $ | 128,010 | $ | 138,080 | $ | 209,299 | ||||||||||
| Total income | 199,791 | 156,816 | 128,010 | 138,080 | 209,299 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees | 10,232 | 7,283 | 5,190 | 6,749 | 10,797 | |||||||||||||||
| Total Expenses | 10,232 | 7,283 | 5,190 | 6,749 | 10,797 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 189,559 | 149,533 | 122,820 | 131,331 | 198,502 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (165,827 | ) | (247,851 | ) | (549,119 | ) | (184,366 | ) | (153,036 | ) | ||||||||||
| Net realized gain/(loss) | (165,827 | ) | (247,851 | ) | (549,119 | ) | (184,366 | ) | (153,036 | ) | ||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 448,613 | 205,845 | 691,484 | 313,055 | 271,537 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 448,613 | 205,845 | 691,484 | 313,055 | 271,537 | |||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 282,786 | (42,006 | ) | 142,365 | 128,689 | 118,501 | ||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 472,345 | $ | 107,527 | $ | 265,185 | $ | 260,020 | $ | 317,003 | ||||||||||
The accompanying notes are an integral part of these financial statements.
137
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2023 (Unaudited)
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | BondBloxx B Rated USD High Yield Corporate Bond ETF | BondBloxx BB Rated USD High Yield Corporate Bond ETF | BondBloxx USD High Yield | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 195,908 | $ | 110,213 | $ | 478,847 | $ | 1,432,164 | $ | 544,114 | ||||||||||
| Total income | 195,908 | 110,213 | 478,847 | 1,432,164 | 544,114 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees | 9,425 | 6,454 | 17,197 | 44,005 | 16,775 | |||||||||||||||
| Total Expenses | 9,425 | 6,454 | 17,197 | 44,005 | 16,775 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 186,483 | 103,759 | 461,650 | 1,388,159 | 527,339 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (572,060 | ) | (347,807 | ) | (126,885 | ) | (512,860 | ) | (294,136 | ) | ||||||||||
| Net realized gain/(loss) | (572,060 | ) | (347,807 | ) | (126,885 | ) | (512,860 | ) | (294,136 | ) | ||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 699,062 | 487,563 | 245,551 | 1,440,882 | 280,096 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 699,062 | 487,563 | 245,551 | 1,440,882 | 280,096 | |||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 127,002 | 139,756 | 118,666 | 928,022 | (14,040 | ) | ||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 313,485 | $ | 243,515 | $ | 580,316 | $ | 2,316,181 | $ | 513,299 | ||||||||||
The accompanying notes are an integral part of these financial statements.
138
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2023 (Unaudited)
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | BondBloxx Bloomberg One Year Target Duration US Treasury ETF | BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 3,581,239 | $ | 3,576,611 | $ | 1,972,666 | $ | 1,338,128 | $ | 418,312 | ||||||||||
| Total income | 3,581,239 | 3,576,611 | 1,972,666 | 1,338,128 | 418,312 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees | 255,119 | 23,758 | 12,671 | 16,150 | 5,279 | |||||||||||||||
| Total Expenses | 255,119 | 23,758 | 12,671 | 16,150 | 5,279 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 3,326,120 | 3,552,853 | 1,959,995 | 1,321,978 | 413,033 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | 1,722,289 | (5,447 | ) | (143,623 | ) | (136,920 | ) | (59,638 | ) | |||||||||||
| Foreign currency transactions | 10 | - | - | - | - | |||||||||||||||
| Net realized gain/(loss) | 1,722,299 | (5,447 | ) | (143,623 | ) | (136,920 | ) | (59,638 | ) | |||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 7,337,678 | (147,089 | ) | 93,030 | 536,137 | 478,679 | ||||||||||||||
| Foreign currency transactions | 67 | - | - | - | - | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 7,337,745 | (147,089 | ) | 93,030 | 536,137 | 478,679 | ||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 9,060,044 | (152,536 | ) | (50,593 | ) | 399,217 | 419,041 | |||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 12,386,164 | $ | 3,400,317 | $ | 1,909,402 | $ | 1,721,195 | $ | 832,074 | ||||||||||
The accompanying notes are an integral part of these financial statements.
139
BONDBLOXX ETF TRUST
Statements of Operations (Continued) (Concluded)
For the Period Ended April 30, 2023 (Unaudited)
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | |||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||
| Interest income | $ | 533,993 | $ | 432,357 | $ | 381,467 | $ | 437,920 | ||||||||
| Total income | 533,993 | 432,357 | 381,467 | 437,920 | ||||||||||||
| EXPENSES: | ||||||||||||||||
| Management fees | 7,286 | 5,986 | 7,811 | 14,641 | ||||||||||||
| Total Expenses | 7,286 | 5,986 | 7,811 | 14,641 | ||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 526,707 | 426,371 | 373,656 | 423,279 | ||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||
| Investments in securities | (70,428 | ) | (18,560 | ) | (72,546 | ) | (345,902 | ) | ||||||||
| Net realized gain/(loss) | (70,428 | ) | (18,560 | ) | (72,546 | ) | (345,902 | ) | ||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||
| Investments in securities | 880,939 | 1,019,735 | 1,486,759 | 2,529,032 | ||||||||||||
| Change in unrealized appreciation/(depreciation) | 880,939 | 1,019,735 | 1,486,759 | 2,529,032 | ||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 810,511 | 1,001,175 | 1,414,213 | 2,183,130 | ||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 1,337,218 | $ | 1,427,546 | $ | 1,787,869 | $ | 2,606,409 | ||||||||
The accompanying notes are an integral part of these financial statements.
140
Statements of Changes in Net Assets
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the | For the Six Months Ended April 30, 2023 (Unaudited) | For the | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 189,559 | $ | 211,122 | $ | 149,533 | $ | 154,093 | ||||||||
| Net realized gain/(loss) on investments | (165,827 | ) | (157,974 | ) | (247,851 | ) | (16,556 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 448,613 | (415,331 | ) | 205,845 | (488,904 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 472,345 | (362,183 | ) | 107,527 | (351,367 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (94,954 | ) | (192,726 | ) | (103,584 | ) | (135,149 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 18,375,845 | 11,592,075 | 8,488,965 | 7,628,270 | ||||||||||||
| Cost of shares redeemed | (1,837,295 | ) | (7,462,440 | ) | (1,757,155 | ) | (3,662,890 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 16,538,550 | 4,129,635 | 6,731,810 | 3,965,380 | ||||||||||||
| Increase/(decrease) in net assets | 16,915,941 | 3,574,726 | 6,735,753 | 3,478,864 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 3,574,726 | - | 3,478,864 | - | ||||||||||||
| End of period | $ | 20,490,667 | $ | 3,574,726 | $ | 10,214,617 | $ | 3,478,864 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 100,000 | - | 100,000 | - | ||||||||||||
| Shares sold | 500,000 | 300,000 | 250,000 | 200,000 | ||||||||||||
| Shares redeemed | (50,000 | ) | (200,000 | ) | (50,000 | ) | (100,000 | ) | ||||||||
| Shares outstanding, end of period | 550,000 | 100,000 | 300,000 | 100,000 | ||||||||||||
| (1) | Funds commenced operations on February 15, 2022. |
The accompanying notes are an integral part of these financial statements.
141
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the | For the Six Months Ended April 30, 2023 (Unaudited) | For the 2022(1) | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 122,820 | $ | 290,762 | $ | 131,331 | $ | 198,526 | ||||||||
| Net realized gain/(loss) on investments | (549,119 | ) | (494,318 | ) | (184,366 | ) | (218,621 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 691,484 | (823,756 | ) | 313,055 | (448,860 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 265,185 | (1,027,312 | ) | 260,020 | (468,955 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (142,416 | ) | (226,994 | ) | (97,074 | ) | (180,578 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 4,997,715 | 14,908,080 | 7,078,635 | 7,829,930 | ||||||||||||
| Cost of shares redeemed | (6,495,240 | ) | (5,494,710 | ) | (1,798,040 | ) | (3,681,575 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (1,497,525 | ) | 9,413,370 | 5,280,595 | 4,148,355 | |||||||||||
| Increase/(decrease) in net assets | (1,374,756 | ) | 8,159,064 | 5,443,541 | 3,498,822 | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 8,159,064 | - | 3,498,822 | - | ||||||||||||
| End of period | $ | 6,784,308 | $ | 8,159,064 | $ | 8,942,363 | $ | 3,498,822 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 250,000 | - | 100,000 | - | ||||||||||||
| Shares sold | 150,000 | 400,000 | 200,000 | 200,000 | ||||||||||||
| Shares redeemed | (200,000 | ) | (150,000 | ) | (50,000 | ) | (100,000 | ) | ||||||||
| Shares outstanding, end of period | 200,000 | 250,000 | 250,000 | 100,000 | ||||||||||||
| (1) | Funds commenced operations on February 15, 2022. |
The accompanying notes are an integral part of these financial statements.
142
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx USD High Yield Bond Energy Sector ETF | BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the | For the Six Months Ended April 30, 2023 (Unaudited) | For the | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 198,502 | $ | 288,196 | $ | 186,483 | $ | 274,094 | ||||||||
| Net realized gain/(loss) on investments | (153,036 | ) | (14,475 | ) | (572,060 | ) | (32,565 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 271,537 | (402,337 | ) | 699,062 | (822,873 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 317,003 | (128,616 | ) | 313,485 | (581,344 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (179,603 | ) | (247,535 | ) | (123,697 | ) | (234,348 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 9,369,170 | 11,658,325 | 15,991,425 | 11,458,995 | ||||||||||||
| Cost of shares redeemed | (5,544,180 | ) | (3,866,100 | ) | (5,206,265 | ) | (3,717,950 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 3,824,990 | 7,792,225 | 10,785,160 | 7,741,045 | ||||||||||||
| Increase/(decrease) in net assets | 3,962,390 | 7,416,074 | 10,974,948 | 6,925,353 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 7,516,074 | 100,000 | (2) | 6,925,353 | - | |||||||||||
| End of period | $ | 11,478,464 | $ | 7,516,074 | $ | 17,900,301 | $ | 6,925,353 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 202,500 | 2,500 | (2) | 200,000 | - | |||||||||||
| Shares sold | 250,000 | 300,000 | 450,000 | 300,000 | ||||||||||||
| Shares redeemed | (150,000 | ) | (100,000 | ) | (150,000 | ) | (100,000 | ) | ||||||||
| Shares outstanding, end of period | 302,500 | 202,500 | 500,000 | 200,000 | ||||||||||||
| (1) | Funds commenced operations on February 15, 2022. | |
| (2) | Beginning capital of $100,000 was contributed by BondBloxx Investment Management Corporation, Investment Adviser to the Fund, in exchange for 2,500 Shares of the Fund at a net asset value of $40 per share, in connection with the seeding of the Trust. |
The accompanying notes are an integral part of these financial statements.
143
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | BondBloxx B Rated USD High Yield Corporate Bond ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the 2022(1) | For the Six Months Ended April 30, 2023 (Unaudited) | For the | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 103,759 | $ | 212,769 | $ | 461,650 | $ | 437,741 | ||||||||
| Net realized gain/(loss) on investments | (347,807 | ) | (41,479 | ) | (126,885 | ) | (135,771 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 487,563 | (596,917 | ) | 245,551 | (420,871 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 243,515 | (425,627 | ) | 580,316 | (118,901 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (96,035 | ) | (187,215 | ) | (465,099 | ) | (357,380 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 5,524,475 | 9,715,390 | - | 13,978,525 | ||||||||||||
| Cost of shares redeemed | (3,594,970 | ) | (3,753,920 | ) | - | (1,985,495 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 1,929,505 | 5,961,470 | - | 11,993,030 | ||||||||||||
| Increase/(decrease) in net assets | 2,076,985 | 5,348,628 | 115,217 | 11,516,749 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 5,348,628 | - | 11,516,749 | - | ||||||||||||
| End of period | $ | 7,425,613 | $ | 5,348,628 | $ | 11,631,966 | $ | 11,516,749 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 150,000 | - | 300,000 | - | ||||||||||||
| Shares sold | 150,000 | 250,000 | - | 350,000 | ||||||||||||
| Shares redeemed | (100,000 | ) | (100,000 | ) | - | (50,000 | ) | |||||||||
| Shares outstanding, end of period | 200,000 | 150,000 | 300,000 | 300,000 | ||||||||||||
| (1) | Funds commenced operations on February 15, 2022. | |
| (3) | Funds commenced operations on May 24, 2022. |
The accompanying notes are an integral part of these financial statements.
144
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | BondBloxx CCC Rated USD High Yield Corporate Bond ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the | For the Six Months Ended April 30, 2023 (Unaudited) | For the | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,388,159 | $ | 1,116,612 | $ | 527,339 | $ | 473,536 | ||||||||
| Net realized gain/(loss) on investments | (512,860 | ) | (165,061 | ) | (294,136 | ) | 24,514 | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 1,440,882 | (1,896,733 | ) | 280,096 | (661,228 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 2,316,181 | (945,182 | ) | 513,299 | (163,178 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,374,793 | ) | (891,418 | ) | (564,523 | ) | (351,099 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 7,829,305 | 44,217,930 | 1,854,875 | 13,761,276 | ||||||||||||
| Cost of shares redeemed | (3,861,720 | ) | - | (3,690,915 | ) | (1,998,065 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 3,967,585 | 44,217,930 | (1,836,040 | ) | 11,763,211 | |||||||||||
| Increase/(decrease) in net assets | 4,908,973 | 42,381,330 | (1,887,264 | ) | 11,248,934 | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 42,381,330 | - | 11,248,934 | - | ||||||||||||
| End of period | $ | 47,290,303 | $ | 42,381,330 | $ | 9,361,670 | $ | 11,248,934 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,100,000 | - | 300,000 | - | ||||||||||||
| Shares sold | 200,000 | 1,100,000 | 50,000 | 350,000 | ||||||||||||
| Shares redeemed | (100,000 | ) | - | (100,000 | ) | (50,000 | ) | |||||||||
| Shares outstanding, end of period | 1,200,000 | 1,100,000 | 250,000 | 300,000 | ||||||||||||
| (3) | Funds commenced operations on May 24, 2022. |
The accompanying notes are an integral part of these financial statements.
145
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the | For the Six Months Ended April 30, 2023 (Unaudited) | For the | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 3,326,120 | $ | 3,611,435 | $ | 3,552,853 | $ | 124,097 | ||||||||
| Net realized gain/(loss) on investments | 1,722,299 | (279,512 | ) | (5,447 | ) | (9,692 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 7,337,745 | (9,065,137 | ) | (147,089 | ) | (66,198 | ) | |||||||||
| Net increase/(decrease) in net assets resulting from operations | 12,386,164 | (5,733,214 | ) | 3,400,317 | 48,207 | |||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (5,464,814 | ) | (2,662,213 | ) | (2,233,117 | ) | - | |||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 5,911,890 | 177,106,675 | 450,858,206 | 50,046,404 | ||||||||||||
| Cost of shares redeemed | - | - | (10,545,799 | ) | - | |||||||||||
| Net increase/(decrease) in net assets from capital transactions | 5,911,890 | 177,106,675 | 440,312,407 | 50,046,404 | ||||||||||||
| Increase/(decrease) in net assets | 12,833,240 | 168,711,248 | 441,479,607 | 50,094,611 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 168,711,248 | - | 50,094,611 | - | ||||||||||||
| End of period | $ | 181,544,488 | $ | 168,711,248 | $ | 491,574,218 | $ | 50,094,611 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 4,450,000 | - | 1,000,000 | - | ||||||||||||
| Shares sold | 150,000 | 4,450,000 | 8,990,000 | 1,000,000 | ||||||||||||
| Shares redeemed | - | - | (210,000 | ) | - | |||||||||||
| Shares outstanding, end of period | 4,600,000 | 4,450,000 | 9,780,000 | 1,000,000 | ||||||||||||
| (4) | Fund commenced operations on June 28, 2022. | |
| (5) | Fund commenced operations on September 13, 2022. |
The accompanying notes are an integral part of these financial statements.
146
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
BondBloxx | BondBloxx | |||||||||||||||
For the | For the | For the | For the | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,959,995 | $ | 175,542 | $ | 1,321,978 | $ | 166,264 | ||||||||
| Net realized gain/(loss) on investments | (143,623 | ) | (22,869 | ) | (136,920 | ) | (31,288 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 93,030 | (199,645 | ) | 536,137 | (401,307 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 1,909,402 | (46,972 | ) | 1,721,195 | (266,331 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,586,503 | ) | - | (1,183,397 | ) | - | ||||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 139,996,661 | 39,471,361 | 64,558,259 | 36,889,007 | ||||||||||||
| Cost of shares redeemed | (29,448,969 | ) | - | (8,968,350 | ) | - | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 110,547,692 | 39,471,361 | 55,589,909 | 36,889,007 | ||||||||||||
| Increase/(decrease) in net assets | 110,870,591 | 39,424,389 | 56,127,707 | 36,622,676 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 39,424,389 | - | 36,622,676 | - | ||||||||||||
| End of period | $ | 150,294,980 | $ | 39,424,389 | $ | 92,750,383 | $ | 36,622,676 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 790,000 | - | 740,000 | - | ||||||||||||
| Shares sold | 2,810,000 | 790,000 | 1,300,000 | 740,000 | ||||||||||||
| Shares redeemed | (590,000 | ) | - | (180,000 | ) | - | ||||||||||
| Shares outstanding, end of period | 3,010,000 | 790,000 | 1,860,000 | 740,000 | ||||||||||||
| (5) | Fund commenced operations on September 13, 2022. |
The accompanying notes are an integral part of these financial statements.
147
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(5) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(5) | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 413,033 | $ | 99,501 | $ | 526,707 | $ | 87,675 | ||||||||
| Net realized gain/(loss) on investments | (59,638 | ) | (73,209 | ) | (70,428 | ) | (35,055 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 478,679 | (288,177 | ) | 880,939 | (583,718 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 832,074 | (261,885 | ) | 1,337,218 | (531,098 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (439,139 | ) | - | (506,961 | ) | - | ||||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 3,456,872 | 20,407,929 | 16,454,650 | 20,857,369 | ||||||||||||
| Cost of shares redeemed | (999,820 | ) | - | (1,002,958 | ) | - | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 2,457,052 | 20,407,929 | 15,451,692 | 20,857,369 | ||||||||||||
| Increase/(decrease) in net assets | 2,849,987 | 20,146,044 | 16,281,949 | 20,326,271 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 20,146,044 | - | 20,326,271 | - | ||||||||||||
| End of period | $ | 22,996,031 | $ | 20,146,044 | $ | 36,608,220 | $ | 20,326,271 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 410,000 | - | 420,000 | - | ||||||||||||
| Shares sold | 70,000 | 410,000 | 330,000 | 420,000 | ||||||||||||
| Shares redeemed | (20,000 | ) | - | (20,000 | ) | - | ||||||||||
| Shares outstanding, end of period | 460,000 | 410,000 | 730,000 | 420,000 | ||||||||||||
| (5) | Fund commenced operations on September 13, 2022. |
The accompanying notes are an integral part of these financial statements.
148
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(5) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(5) | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 426,371 | $ | 86,877 | $ | 373,656 | $ | 85,267 | ||||||||
| Net realized gain/(loss) on investments | (18,560 | ) | (96,098 | ) | (72,546 | ) | (71,927 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 1,019,735 | (766,860 | ) | 1,486,759 | (1,197,430 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 1,427,546 | (776,081 | ) | 1,787,869 | (1,184,090 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (435,530 | ) | - | (395,974 | ) | - | ||||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 5,957,811 | 21,308,037 | - | 21,251,092 | ||||||||||||
| Cost of shares redeemed | (499,667 | ) | - | - | - | |||||||||||
| Net increase/(decrease) in net assets from capital transactions | 5,458,144 | 21,308,037 | - | 21,251,092 | ||||||||||||
| Increase/(decrease) in net assets | 6,450,160 | 20,531,956 | 1,391,895 | 20,067,002 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 20,531,956 | - | 20,067,002 | - | ||||||||||||
| End of period | $ | 26,982,116 | $ | 20,531,956 | $ | 21,458,897 | $ | 20,067,002 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 430,000 | - | 430,000 | - | ||||||||||||
| Shares sold | 120,000 | 430,000 | - | 430,000 | ||||||||||||
| Shares redeemed | (10,000 | ) | - | - | - | |||||||||||
| Shares outstanding, end of period | 540,000 | 430,000 | 430,000 | 430,000 | ||||||||||||
| (5) | Fund commenced operations on September 13, 2022. |
The accompanying notes are an integral part of these financial statements.
149
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued) (Concluded)
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | ||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(5) | |||||||
| OPERATIONS: | ||||||||
| Net investment income/(loss) | $ | 423,279 | $ | 93,182 | ||||
| Net realized gain/(loss) on investments | (345,902 | ) | (616,657 | ) | ||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,529,032 | (2,160,897 | ) | |||||
| Net increase/(decrease) in net assets resulting from operations | 2,606,409 | (2,684,372 | ) | |||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||
| Distributions from distributable earnings | (440,171 | ) | - | |||||
| CAPITAL TRANSACTIONS: | ||||||||
| Proceeds from shares sold | 4,419,342 | 24,072,128 | ||||||
| Cost of shares redeemed | (2,134,845 | ) | - | |||||
| Net increase/(decrease) in net assets from capital transactions | 2,284,497 | 24,072,128 | ||||||
| Increase/(decrease) in net assets | 4,450,735 | 21,387,756 | ||||||
| NET ASSETS: | ||||||||
| Beginning of period | 21,387,756 | - | ||||||
| End of period | $ | 25,838,491 | $ | 21,387,756 | ||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||
| Shares outstanding, beginning of period | 490,000 | - | ||||||
| Shares sold | 90,000 | 490,000 | ||||||
| Shares redeemed | (50,000 | ) | - | |||||
| Shares outstanding, end of period | 530,000 | 490,000 | ||||||
| (5) | Fund commenced operations on September 13, 2022. |
The accompanying notes are an integral part of these financial statements.
150
Financial Highlights
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | |||||||||||||
| Net Asset Value, beginning of period | $ | 35.75 | $ | 39.89 | $ | 34.79 | $ | 39.65 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.20 | 1.55 | 1.25 | 1.54 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 1.30 | (4.25 | ) | (0.96 | ) | (5.05 | ) | |||||||||
| Total income/(loss) from operations | 2.50 | (2.70 | ) | 0.29 | (3.51 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.99 | ) | (1.44 | ) | (1.03 | ) | (1.35 | ) | ||||||||
| Total distributions | (0.99 | ) | (1.44 | ) | (1.03 | ) | (1.35 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.26 | $ | 35.75 | $ | 34.05 | $ | 34.79 | ||||||||
| Market Value, end of period | $ | 37.34 | $ | 35.71 | $ | 34.14 | $ | 34.73 | ||||||||
| Total Return at Net Asset Value(3) | 7.10 | % | (6.81 | )% | 0.83 | % | (8.96 | )% | ||||||||
| Total Return at Market Value(4) | 7.44 | % | (6.88 | )% | 1.26 | % | (9.03 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 20.5 | $ | 3.6 | $ | 10.2 | $ | 3.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | % | ||||||||
| Net investment income/(loss)(5,6) | 6.48 | % | 5.87 | % | 7.19 | % | 5.93 | % | ||||||||
| Portfolio turnover rate(7) | 5 | % | 9 | % | 14 | % | 13 | % | ||||||||
| (1) | The Funds commenced operations on February 15, 2022. Shares of XHYI and XHYT were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
The accompanying notes are an integral part of these financial statements.
151
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | |||||||||||||
| Net Asset Value, beginning of period | $ | 32.64 | $ | 39.84 | $ | 34.99 | $ | 39.74 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.36 | 1.62 | 1.22 | 1.46 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 1.59 | (7.58 | ) | 0.65 | (4.86 | ) | ||||||||||
| Total income/(loss) from operations | 2.95 | (5.96 | ) | 1.87 | (3.40 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.67 | ) | (1.24 | ) | (1.09 | ) | (1.35 | ) | ||||||||
| Total distributions | (1.67 | ) | (1.24 | ) | (1.09 | ) | (1.35 | ) | ||||||||
| Net Asset Value, end of period | $ | 33.92 | $ | 32.64 | $ | 35.77 | $ | 34.99 | ||||||||
| Market Value, end of period | $ | 34.03 | $ | 32.52 | $ | 35.87 | $ | 34.99 | ||||||||
| Total Return at Net Asset Value(3) | 9.29 | % | (15.19 | )% | 5.42 | % | (8.65 | )% | ||||||||
| Total Return at Market Value(4) | 10.03 | % | (15.47 | )% | 5.70 | % | (8.72 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 6.8 | $ | 8.2 | $ | 8.9 | $ | 3.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | % | ||||||||
| Net investment income/(loss)(5,6) | 8.28 | % | 6.39 | % | 6.81 | % | 5.57 | % | ||||||||
| Portfolio turnover rate(7) | 1 | % | 37 | % | 15 | % | 21 | % | ||||||||
| (1) | The Funds commenced operations on February 15, 2022. Shares of XHYH and XHYF were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
The accompanying notes are an integral part of these financial statements.
152
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Energy Sector ETF | BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | |||||||||||||
| Net Asset Value, beginning of period | $ | 37.12 | $ | 39.62 | (8) | $ | 34.63 | $ | 39.87 | |||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.21 | 1.62 | 1.24 | 1.57 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.75 | (2.74 | ) | 0.99 | (5.49 | ) | ||||||||||
| Total income/(loss) from operations | 1.96 | (1.12 | ) | 2.23 | (3.92 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.13 | ) | (1.38 | ) | (1.06 | ) | (1.32 | ) | ||||||||
| Total distributions | (1.13 | ) | (1.38 | ) | (1.06 | ) | (1.32 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.95 | $ | 37.12 | $ | 35.80 | $ | 34.63 | ||||||||
| Market Value, end of period | $ | 38.02 | $ | 36.97 | $ | 35.89 | $ | 34.45 | ||||||||
| Total Return at Net Asset Value(3) | 5.37 | % | (2.84 | )% | 6.53 | % | (9.96 | )% | ||||||||
| Total Return at Market Value(4) | 5.98 | % | (3.19 | )% | 7.35 | % | (10.54 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 11.5 | $ | 7.5 | $ | 17.9 | $ | 6.9 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | % | ||||||||
| Net investment income/(loss)(5,6) | 6.43 | % | 6.03 | % | 6.93 | % | 6.05 | % | ||||||||
| Portfolio turnover rate(7) | 11 | % | 21 | % | 10 | % | 12 | % | ||||||||
| (1) | The Funds commenced operations on February 15, 2022. Shares of XHYE and XHYC were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | The net asset value at the beginning of the period differs from the beginning net asset value reflected on the Statements of Changes in Net Assets due to a change in unrealized gain/(loss) from the inception date February 15, 2022, to when the initial basket was created. |
The accompanying notes are an integral part of these financial statements.
153
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | BondBloxx B Rated USD High Yield Corporate Bond ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(1) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(9) | |||||||||||||
| Net Asset Value, beginning of period | $ | 35.66 | $ | 39.80 | $ | 38.39 | $ | 40.08 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.02 | 1.44 | 1.54 | 1.35 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 1.40 | (4.33 | ) | 0.39 | (1.94 | ) | ||||||||||
| Total income/(loss) from operations | 2.42 | (2.89 | ) | 1.93 | (0.59 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.95 | ) | (1.25 | ) | (1.55 | ) | (1.10 | ) | ||||||||
| Total distributions | (0.95 | ) | (1.25 | ) | (1.55 | ) | (1.10 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.13 | $ | 35.66 | $ | 38.77 | $ | 38.39 | ||||||||
| Market Value, end of period | $ | 37.23 | $ | 35.62 | $ | 38.84 | $ | 38.33 | ||||||||
| Total Return at Net Asset Value(3) | 6.91 | % | (7.32 | )% | 5.13 | % | (1.45 | )% | ||||||||
| Total Return at Market Value(4) | 7.31 | % | (7.55 | )% | 5.47 | % | (5.16 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 7.4 | $ | 5.3 | $ | 11.6 | $ | 11.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.30 | % | 0.30 | % | ||||||||
| Net investment income/(loss)(5,6) | 5.63 | % | 5.47 | % | 8.05 | % | 7.87 | % | ||||||||
| Portfolio turnover rate(7) | 4 | % | 25 | % | 15 | % | 8 | % | ||||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYD were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (9) | The Fund commenced operations on May 24, 2022. Shares of XB were listed on the NYSE Arca, Inc. on May 26, 2022. |
The accompanying notes are an integral part of these financial statements.
154
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | BondBloxx CCC Rated USD High Yield Corporate Bond ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(9) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(9) | |||||||||||||
| Net Asset Value, beginning of period | $ | 38.53 | $ | 40.17 | $ | 37.50 | $ | 40.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.22 | 1.04 | 2.32 | 1.99 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.88 | (1.87 | ) | 0.04 | (3.01 | ) | ||||||||||
| Total income/(loss) from operations | 2.10 | (0.83 | ) | 2.36 | (1.02 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.22 | ) | (0.81 | ) | (2.41 | ) | (1.48 | ) | ||||||||
| Total distributions | (1.22 | ) | (0.81 | ) | (2.41 | ) | (1.48 | ) | ||||||||
| Net Asset Value, end of period | $ | 39.41 | $ | 38.53 | $ | 37.45 | $ | 37.50 | ||||||||
| Market Value, end of period | $ | 39.48 | $ | 38.47 | $ | 37.58 | $ | 37.45 | ||||||||
| Total Return at Net Asset Value(3) | 5.54 | % | (2.07 | )% | 6.53 | % | (2.59 | )% | ||||||||
| Total Return at Market Value(4) | 5.88 | % | (5.57 | )% | 7.01 | % | (5.63 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 47.3 | $ | 42.4 | $ | 9.4 | $ | 11.2 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.20 | % | 0.20 | % | 0.40 | % | 0.40 | % | ||||||||
| Net investment income/(loss)(5,6) | 6.31 | % | 6.03 | % | 12.57 | % | 11.58 | % | ||||||||
| Portfolio turnover rate(7) | 14 | % | 13 | % | 18 | % | 12 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (9) | The Funds commenced operations on May 24, 2022. Shares of XBB and XCCC were listed on the NYSE Arca, Inc. on May 26, 2022. |
The accompanying notes are an integral part of these financial statements.
155
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(10) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | |||||||||||||
| Net Asset Value, beginning of period | $ | 37.91 | $ | 40.00 | $ | 50.09 | $ | 50.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 0.74 | 0.83 | 1.14 | 0.25 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 2.04 | (2.32 | ) | (0.07 | ) | (0.16 | ) | |||||||||
| Total income/(loss) from operations | 2.78 | (1.49 | ) | 1.07 | 0.09 | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.22 | ) | (0.60 | ) | (0.90 | ) | - | |||||||||
| Total distributions | (1.22 | ) | (0.60 | ) | (0.90 | ) | - | |||||||||
| Net Asset Value, end of period | $ | 39.47 | $ | 37.91 | $ | 50.26 | $ | 50.09 | ||||||||
| Market Value, end of period | $ | 39.61 | $ | 37.67 | $ | 50.27 | $ | 50.13 | ||||||||
| Total Return at Net Asset Value(3) | 7.38 | % | (3.78 | )% | 2.15 | % | 0.18 | % | ||||||||
| Total Return at Market Value(4) | 8.43 | % | (4.32 | )% | 2.09 | % | 0.22 | % | ||||||||
| Net Assets, end of period (millions) | $ | 181.5 | $ | 168.7 | $ | 491.6 | $ | 50.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.29 | % | 0.29 | % | 0.03 | % | 0.03 | % | ||||||||
| Net investment income/(loss)(5,6) | 3.78 | % | 6.09 | % | 4.49 | % | 3.53 | % | ||||||||
| Portfolio turnover rate(7) | 12 | % | 9 | % | 41 | % | 24 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (10) | The Fund commenced operations on June 28, 2022. Shares of XEMD were listed on the Cboe BZX, Inc. on June 30, 2022. |
| (11) | The Fund commenced operations on September 13, 2022. Shares of XHLF were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
156
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | |||||||||||||
| Net Asset Value, beginning of period | $ | 49.90 | $ | 50.00 | $ | 49.49 | $ | 49.94 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.16 | 0.27 | 1.02 | 0.26 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.09 | ) | (0.37 | ) | 0.36 | (0.71 | ) | |||||||||
| Total income/(loss) from operations | 1.07 | (0.10 | ) | 1.38 | (0.45 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.04 | ) | - | (1.00 | ) | - | ||||||||||
| Total distributions | (1.04 | ) | - | (1.00 | ) | - | ||||||||||
| Net Asset Value, end of period | $ | 49.93 | $ | 49.90 | $ | 49.87 | $ | 49.49 | ||||||||
| Market Value, end of period | $ | 49.95 | $ | 49.91 | $ | 49.87 | $ | 49.48 | ||||||||
| Total Return at Net Asset Value(3) | 2.18 | % | (0.20 | )% | 2.82 | % | (0.90 | )% | ||||||||
| Total Return at Market Value(4) | 2.20 | % | (0.14 | )% | 2.84 | % | (0.74 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 150.3 | $ | 39.4 | $ | 92.8 | $ | 36.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.03 | % | 0.03 | % | 0.05 | % | 0.05 | % | ||||||||
| Net investment income/(loss)(5,6) | 4.64 | % | 3.83 | % | 4.09 | % | 3.74 | % | ||||||||
| Portfolio turnover rate(7) | 28 | % | 19 | % | 19 | % | 12 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (11) | The Funds commenced operations on September 13, 2022. Shares of XONE and XTWO were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
157
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | |||||||||||||
| Net Asset Value, beginning of period | $ | 49.14 | $ | 49.86 | $ | 48.40 | $ | 49.77 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 0.96 | 0.28 | 0.90 | 0.24 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.93 | (1.00 | ) | 1.77 | (1.61 | ) | ||||||||||
| Total income/(loss) from operations | 1.89 | (0.72 | ) | 2.67 | (1.37 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.04 | ) | - | (0.92 | ) | - | ||||||||||
| Total distributions | (1.04 | ) | - | (0.92 | ) | - | ||||||||||
| Net Asset Value, end of period | $ | 49.99 | $ | 49.14 | $ | 50.15 | $ | 48.40 | ||||||||
| Market Value, end of period | $ | 49.98 | $ | 49.12 | $ | 50.14 | $ | 48.36 | ||||||||
| Total Return at Net Asset Value(3) | 3.89 | % | (1.44 | )% | 5.58 | % | (2.75 | )% | ||||||||
| Total Return at Market Value(4) | 3.91 | % | (1.25 | )% | 5.65 | % | (2.50 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 23.0 | $ | 20.1 | $ | 36.6 | $ | 20.3 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | % | ||||||||
| Net investment income/(loss)(5,6) | 3.91 | % | 3.99 | % | 3.61 | % | 3.49 | % | ||||||||
| Portfolio turnover rate(7) | 28 | % | 20 | % | 19 | % | 8 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (11) | The Funds commenced operations on September 13, 2022. Shares of XTRE and XFIV were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
158
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | |||||||||||||
| Net Asset Value, beginning of period | $ | 47.75 | $ | 49.70 | $ | 46.67 | $ | 49.74 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 0.87 | 0.23 | 0.87 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 2.26 | (2.18 | ) | 3.28 | (3.30 | ) | ||||||||||
| Total income/(loss) from operations | 3.13 | (1.95 | ) | 4.15 | (3.07 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.91 | ) | - | (0.92 | ) | - | ||||||||||
| Total distributions | (0.91 | ) | - | (0.92 | ) | - | ||||||||||
| Net Asset Value, end of period | $ | 49.97 | $ | 47.75 | $ | 49.90 | $ | 46.67 | ||||||||
| Market Value, end of period | $ | 49.98 | $ | 47.68 | $ | 49.96 | $ | 46.60 | ||||||||
| Total Return at Net Asset Value(3) | 6.62 | % | (3.92 | )% | 8.97 | % | (6.17 | )% | ||||||||
| Total Return at Market Value(4) | 6.79 | % | (3.75 | )% | 9.27 | % | (6.03 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 27.0 | $ | 20.5 | $ | 21.5 | $ | 20.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses(5) | 0.05 | % | 0.05 | % | 0.075 | % | 0.075 | % | ||||||||
| Net investment income/(loss)(5,6) | 3.56 | % | 3.45 | % | 3.59 | % | 3.44 | % | ||||||||
| Portfolio turnover rate(7) | 12 | % | 19 | % | 12 | % | 12 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (11) | The Funds commenced operations on September 13, 2022. Shares of XSVN and XTEN were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
159
BONDBLOXX ETF TRUST
Financial Highlights (Continued) (Concluded)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | ||||||||
| For the Six Months Ended April 30, 2023 (Unaudited) | For the Period Ended October 31, 2022(11) | |||||||
| Net Asset Value, beginning of period | $ | 43.65 | $ | 49.78 | ||||
| Income/(loss) from operations: | ||||||||
| Net investment income/(loss)(2) | 0.86 | 0.23 | ||||||
| Net realized and unrealized gain/(loss) on investments | 5.14 | (6.36 | ) | |||||
| Total income/(loss) from operations | 6.00 | (6.13 | ) | |||||
| Distributions to shareholders: | ||||||||
| Net investment income | (0.90 | ) | - | |||||
| Total distributions | (0.90 | ) | - | |||||
| Net Asset Value, end of period | $ | 48.75 | $ | 43.65 | ||||
| Market Value, end of period | $ | 48.82 | $ | 43.62 | ||||
| Total Return at Net Asset Value(3) | 13.83 | % | (12.31 | )% | ||||
| Total Return at Market Value(4) | 14.07 | % | (12.66 | )% | ||||
| Net Assets, end of period (millions) | $ | 25.8 | $ | 21.4 | ||||
| Ratios to average net assets: | ||||||||
| Expenses(5) | 0.125 | % | 0.125 | % | ||||
| Net investment income/(loss)(5,6) | 3.61 | % | 3.54 | % | ||||
| Portfolio turnover rate(7) | 22 | % | 45 | % | ||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (11) | The Funds commenced operations on September 13, 2022. Shares of XTWY were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
160
Notes to the Financial Statements
April 30, 2023 (Unaudited)
| 1. | ORGANIZATION |
The BondBloxx ETF Trust (the “Trust”) is a Delaware statutory trust organized on August 17, 2021 and is authorized to issue multiple series or portfolios. The Trust is an open-end management investment company, registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Trust’s shares are registered under the Securities Act of 1933, as amended. The Trust currently consists of Bond shares of nineteen separate series: BondBloxx USD High Yield Bond Industrial Sector ETF, BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF, BondBloxx USD High Yield Bond Healthcare Sector ETF, BondBloxx USD High Yield Bond Financial & REIT Sector ETF, BondBloxx USD High Yield Bond Energy Sector ETF, BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF, BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF, BondBloxx B Rated USD High Yield Corporate Bond ETF, BondBloxx BB Rated USD High Yield Corporate Bond ETF, BondBloxx CCC Rated USD High Yield Corporate Bond ETF, BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF, BondBloxx Bloomberg Six Month Target Duration US Treasury ETF, BondBloxx Bloomberg One Year Target Duration US Treasury ETF, BondBloxx Bloomberg Two Year Target Duration US Treasury ETF, BondBloxx Bloomberg Three Year Target Duration US Treasury ETF, BondBloxx Bloomberg Five Year Target Duration US Treasury ETF, BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF, BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF and BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (each, a “Fund” and collectively, the “Funds”). Each series operates as an exchange-traded fund. The Funds are classified as “non-diversified” under the 1940 Act.
Each Fund is managed by BondBloxx Investment Management Corporation (“BIM” or “Adviser”) and generally seeks to track the investment results of each Index (the “Index”). The following table details the Index and commencement of operations of each Fund. Each Index models the performance of the bonds of issuers within a particular sector or group of sectors.
Fund Name | Index | Commencement | ||
| BondBloxx USD High Yield Bond Industrial Sector ETF | ICE Diversified US Cash Pay High Yield Core Industrial Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | ICE Diversified US Cash Pay High Yield Healthcare Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | ICE Diversified US Cash Pay High Yield Financial & REIT Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Energy Sector ETF | ICE Diversified US Cash Pay High Yield Energy Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | ICE Diversified US Cash Pay High Yield Consumer Cyclical Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical Index | February 15, 2022 | ||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | ICE BofA Single-B US Cash Pay High Yield Constrained Index | May 24, 2022 | ||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | ICE BofA BB US Cash Pay High Yield Constrained Index | May 24, 2022 | ||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | ICE CCC US Cash Pay High Yield Constrained Index | May 24, 2022 | ||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | J.P. Morgan EMBI Global Diversified Liquid 1-10 Year Maturity Index | June 28, 2022 |
161
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
| Fund Name | Index | Commencement of Operations | ||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | Bloomberg US Treasury 6 Month Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | Bloomberg US Treasury 1 Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | Bloomberg US Treasury 2 Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | Bloomberg US Treasury 3 Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | Bloomberg US Treasury 5 Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | Bloomberg US Treasury 7 Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | Bloomberg US Treasury 10 Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | Bloomberg US Treasury 20 Year Duration Index | September 13, 2022 |
| 2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Basis of Presentation
The following is a summary of significant accounting policies consistently followed by the Funds. These policies are in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Management has determined that each Fund is an investment company in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, “Financial Services — Investment Companies,” for the purpose of financial reporting.
Security transactions and Income recognition
Security transactions are recorded on trade date. The specific identification method is used for determining realized gains or losses for financial statements and income tax purposes. Interest income is recognized on an accrual basis. Discounts and premiums on securities purchased are accreted and amortized using the effective yield method and included in interest income. Securities purchased or sold on a when-issued or delayed-delivery basis may be settled beyond a standard settlement period for the security after the trade date.
Foreign Currency Translation
The market values of foreign securities, currency holdings and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based on the current exchange rates each business day. Purchases and sales of securities and income and expense items denominated in foreign currencies, if any, are translated into U.S. dollars at the exchange rate in effect on the transaction date. The Funds do not separately report the effects of changes in foreign exchange rates from changes in market prices on securities held. Such changes are included in net realized gain (loss) and net change in unrealized appreciation (depreciation) from investments on the Statements of Operations. The Funds may invest in foreign currency-denominated securities and may engage in foreign currency transactions either on a spot (cash) basis at the rate prevailing in the currency exchange market at the time or through a forward foreign currency contract. Realized foreign exchange gains (losses) arising from sales of spot foreign currencies, currency gains (losses) realized between the trade
162
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
and settlement dates on securities transactions and the difference between the recorded amounts of dividends, interest, and foreign withholding taxes and the U.S. dollar equivalent of the amounts actually received or paid are included in net realized gain (loss) on foreign currency transactions on the Statements of Operations. Net unrealized foreign exchange gains (losses) arising from changes in foreign exchange rates on foreign denominated assets and liabilities other than investments in securities held at the end of the reporting period are included in net change in unrealized appreciation (depreciation) on foreign currency assets and liabilities on the Statements of Operations.
Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and such differences could be material.
Cash
Cash includes non-interest bearing non-restricted cash held with a financial institution.
Investment Valuation
The Net Asset Value per share (“NAV”) of each Fund normally is determined once daily Monday through Friday, generally as of the regularly scheduled close of business of the New York Stock Exchange (“NYSE”) (normally 4:00 p.m., Eastern time) on each day that the NYSE is open for trading, based on prices of the Fund’s assets at the time of closing, provided that (i) any Fund assets or liabilities denominated in currencies other than the U.S. dollar are translated into U.S. dollars at the prevailing market rates on the date of valuation as quoted by one or more data service providers and (ii) U.S. fixed-income assets may be valued as of the announced closing time for trading in fixed-income instruments in a particular market or exchange.
The NAV of each Fund is calculated by dividing the value of the net assets of the Fund (i.e., the value of its total assets less total liabilities) by the total number of outstanding shares of the Fund, generally rounded to the nearest cent.
The value of the securities and other assets and liabilities held by each Fund are determined pursuant to valuation policies and procedures approved by the by the Board of Trustees (the “Board” or “Trustees”) and administered by BIM.
Each Fund values fixed-income portfolio securities at the midpoint between the bid and ask prices, or at current market price quotations provided by dealers, or at prices (including evaluated prices) supplied by the Fund’s approved independent third-party pricing services, each in accordance with valuation policies and procedures approved by the Board. Pricing services may use matrix pricing or valuation models that utilize certain inputs and assumptions to derive values. Pricing services generally value fixed-income securities assuming orderly transactions of an institutional round lot size, but the Fund may hold or transact in such securities in smaller odd lot sizes. Odd lots often trade at lower prices than institutional round lots. An amortized cost method of valuation may be used with respect to debt obligations with sixty days or less remaining to maturity unless BIM determines in good faith that such method does not represent fair value.
Generally, trading in non-U.S. securities and money market instruments is substantially completed each day at various times prior to the close of business on the NYSE. The values of such securities used in computing the NAV of the Fund are determined as of such times.
When market quotations are not readily available or are believed by BIM to be unreliable, each Fund’s investments are valued at fair value. Fair value determinations are made by BIM in accordance with policies and procedures approved by the Board. BIM may conclude that a market quotation is not readily available or is unreliable if a security or other asset or liability does not have a price source due to its lack of trading or other reasons, if a market quotation differs significantly from recent price
163
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
quotations or otherwise no longer appears to reflect fair value, where the security or other asset or liability is thinly traded, when there is a significant event subsequent to the most recent market quotation, or if the trading market on which a security is listed is suspended or closed and no appropriate alternative trading market is available. A “significant event” is deemed to occur if BIM determines, in its reasonable business judgment prior to or at the time of pricing the Fund’s assets or liabilities, that the event is likely to cause a material change to the closing market price of one or more assets or liabilities held by the Fund.
Fair value represents a good faith approximation of the value of an asset or liability. The fair value of an asset or liability held by a Fund is the amount the Fund might reasonably expect to receive from the current sale of that asset or the cost to extinguish that liability in an arm’s-length transaction. Valuing a Fund’s investments using fair value pricing, in the absence of readily available and reliable market quotations, may result in prices that are based on subjective judgments, which may lead to prices that may differ materially from current market valuations and that may not be the prices at which those investments could have been sold during the period in which the particular fair values were used. Use of fair value prices and certain current market valuations could result in a difference between the prices used to calculate a Fund’s NAV and the prices used by the Index, which, in turn, could result in a difference between the Fund’s performance and the performance of the Index.
Various inputs are used in determining the value of the Funds’ investments. The three levels defined by the hierarchy are as follows:
| ■ | Level 1 – Quoted prices in active markets or exchanges for identical assets and liabilities. |
| ■ | Level 2 – Significant other observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market corroborated inputs. |
| ■ | Level 3 – Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by BIM used in determining the fair value of investments. |
The inputs or methodology used for valuing assets and liabilities are not necessarily an indication of the risk associated with investing in those assets and liabilities.
The following table summarizes the valuation of the Funds’ fair value hierarchy levels as of April 30, 2023:
BondBloxx USD High Yield Bond Industrial Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 20,017,507 | $ | - | $ | 20,017,507 | ||||||||
| Time Deposits | - | 192,239 | - | 192,239 | ||||||||||||
| Total Investments | $ | - | $ | 20,209,746 | $ | - | $ | 20,209,746 | ||||||||
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 9,860,629 | $ | - | $ | 9,860,629 | ||||||||
| Government Obligations | - | 99,795 | - | 99,795 | ||||||||||||
| Time Deposits | - | 43,438 | - | 43,438 | ||||||||||||
| Total Investments | $ | - | $ | 10,003,862 | $ | - | $ | 10,003,862 | ||||||||
164
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
BondBloxx USD High Yield Bond Healthcare Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 6,641,594 | $ | - | $ | 6,641,594 | ||||||||
| Time Deposits | - | 33,466 | - | 33,466 | ||||||||||||
| Total Investments | $ | - | $ | 6,675,060 | $ | - | $ | 6,675,060 | ||||||||
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 8,761,497 | $ | - | $ | 8,761,497 | ||||||||
| Government Obligations | - | 39,616 | - | 39,616 | ||||||||||||
| Time Deposits | - | 47,127 | - | 47,127 | ||||||||||||
| Total Investments | $ | - | $ | 8,848,240 | $ | - | $ | 8,848,240 | ||||||||
BondBloxx USD High Yield Bond Energy Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 11,221,177 | $ | - | $ | 11,221,177 | ||||||||
| Government Obligations | - | 99,041 | - | 99,041 | ||||||||||||
| Time Deposits | - | 60,376 | - | 60,376 | ||||||||||||
| Total Investments | $ | - | $ | 11,380,594 | $ | - | $ | 11,380,594 | ||||||||
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 17,403,050 | $ | - | $ | 17,403,050 | ||||||||
| Government Obligations | - | 123,801 | - | 123,801 | ||||||||||||
| Time Deposits | - | 112,884 | - | 112,884 | ||||||||||||
| Total Investments | $ | - | $ | 17,639,735 | $ | - | $ | 17,639,735 | ||||||||
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 7,308,035 | $ | - | $ | 7,308,035 | ||||||||
| Time Deposits | - | 43,838 | - | 43,838 | ||||||||||||
| Total Investments | $ | - | $ | 7,351,873 | $ | - | $ | 7,351,873 | ||||||||
BondBloxx B Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 11,430,951 | $ | - | $ | 11,430,951 | ||||||||
| Time Deposits | - | 82,650 | - | 82,650 | ||||||||||||
| Total Investments | $ | - | $ | 11,513,601 | $ | - | $ | 11,513,601 | ||||||||
165
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
BondBloxx BB Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 46,131,135 | $ | - | $ | 46,131,135 | ||||||||
| Government Obligations | - | 272,362 | - | 272,362 | ||||||||||||
| Time Deposits | - | 181,003 | - | 181,003 | ||||||||||||
| Total Investments | $ | - | $ | 46,584,500 | $ | - | $ | 46,584,500 | ||||||||
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 9,081,805 | $ | - | $ | 9,081,805 | ||||||||
| Government Obligations | - | 148,997 | - | 148,997 | ||||||||||||
| Time Deposits | - | 88,539 | - | 88,539 | ||||||||||||
| Total Investments | $ | - | $ | 9,319,341 | $ | - | $ | 9,319,341 | ||||||||
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 20,716,848 | $ | - | $ | 20,716,848 | ||||||||
| Government Agencies & Obligations | - | 158,035,317 | - | 158,035,317 | ||||||||||||
| Time Deposits | - | 1,303,930 | - | 1,303,930 | ||||||||||||
| Total Investments | $ | - | $ | 180,056,095 | $ | - | $ | 180,056,095 | ||||||||
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 489,412,078 | $ | - | $ | 489,412,078 | ||||||||
| Time Deposits | - | 17,100,431 | - | 17,100,431 | ||||||||||||
| Total Investments | $ | - | $ | 506,512,509 | $ | - | $ | 506,512,509 | ||||||||
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 149,105,200 | $ | - | $ | 149,105,200 | ||||||||
| Time Deposits | - | 118,761 | - | 118,761 | ||||||||||||
| Total Investments | $ | - | $ | 149,223,961 | $ | - | $ | 149,223,961 | ||||||||
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 91,726,157 | $ | - | $ | 91,726,157 | ||||||||
| Time Deposits | - | 121,456 | - | 121,456 | ||||||||||||
| Total Investments | $ | - | $ | 91,847,613 | $ | - | $ | 91,847,613 | ||||||||
166
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 22,810,227 | $ | - | $ | 22,810,227 | ||||||||
| Time Deposits | - | 45,341 | - | 45,341 | ||||||||||||
| Total Investments | $ | - | $ | 22,855,568 | $ | - | $ | 22,855,568 | ||||||||
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 36,340,925 | $ | - | $ | 36,340,925 | ||||||||
| Time Deposits | - | 59,816 | - | 59,816 | ||||||||||||
| Total Investments | $ | - | $ | 36,400,741 | $ | - | $ | 36,400,741 | ||||||||
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 26,682,425 | $ | - | $ | 26,682,425 | ||||||||
| Time Deposits | - | 32,636 | - | 32,636 | ||||||||||||
| Total Investments | $ | - | $ | 26,715,061 | $ | - | $ | 26,715,061 | ||||||||
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 21,170,914 | $ | - | $ | 21,170,914 | ||||||||
| Time Deposits | - | 32,690 | - | 32,690 | ||||||||||||
| Total Investments | $ | - | $ | 21,203,604 | $ | - | $ | 21,203,604 | ||||||||
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 25,508,618 | $ | - | $ | 25,508,618 | ||||||||
| Time Deposits | - | 48,512 | - | 48,512 | ||||||||||||
| Total Investments | $ | - | $ | 25,557,130 | $ | - | $ | 25,557,130 | ||||||||
Bonds
Each Fund invests a substantial portion of its assets in U.S. dollar-denominated bonds. A bond is an interest-bearing security issued by a U.S. or non-U.S. company, or U.S. or non-U.S. governmental unit. The issuer of a bond has a contractual obligation to pay interest at a stated rate on specific dates and to repay principal (the bond’s face value) periodically or on a specified maturity date. Bonds generally are used by corporations and governments to borrow money from investors.
Perpetual Bonds are fixed income securities with no maturity date but pay a coupon in perpetuity (with no specified ending or maturity date). Unlike typical fixed income securities, there is no obligation for perpetual bonds to repay principal. The coupon payments, however, are mandatory. While perpetual bonds have no maturity date, they may have a callable date in which the perpetuity is eliminated and the issuer may return the principal received on the specified call date. Additionally, a perpetual bond may have additional features, such as interest rate increases at periodic dates or an increase as of a predetermined point in the future.
167
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
Restricted Investments are subject to legal or contractual restrictions on resale and may generally be sold privately, but may be required to be registered or exempted from such registration before being sold to the public. Private placement securities are generally considered to be restricted except for those securities traded between qualified institutional investors under the provisions of Rule 144A of the Securities Act of 1933. Restricted investments held by the Funds as of April 30, 2023, as applicable, are disclosed in the Notes to Portfolios of Investments.
Securities Issued by U.S. Government Agencies or Government-Sponsored Enterprises are obligations of and, in certain cases, guaranteed by, the U.S. Government, its agencies or instrumentalities. Some U.S. Government securities, such as Treasury bills, notes and bonds, and securities guaranteed by the Government National Mortgage Association, are supported by the full faith and credit of the U.S. Government; others, such as those of the Federal Home Loan Banks, are supported by the right of the issuer to borrow from the U.S. Department of the Treasury (the “U.S. Treasury”); and others, such as those of the Federal National Mortgage Association (“FNMA” or “Fannie Mae”), are supported by the discretionary authority of the U.S. Government to purchase the agency’s obligations. U.S. Government securities may include zero coupon securities which do not distribute interest on a current basis and tend to be subject to a greater risk than interest-paying securities of similar maturities.
Government-related guarantors (i.e., not backed by the full faith and credit of the U.S. Government) include FNMA and the Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”). FNMA is a government-sponsored corporation. FNMA purchases conventional (i.e., not insured or guaranteed by any government agency) residential mortgages from a list of approved seller/servicers which include state and federally chartered savings and loan associations, mutual savings banks, commercial banks and credit unions and mortgage bankers. Pass-through securities issued by FNMA are guaranteed as to timely payment of principal and interest by FNMA, but are not backed by the full faith and credit of the U.S. Government. FHLMC issues Participation Certificates (“PCs”), which are pass-through securities, each representing an undivided interest in a pool of residential mortgages. FHLMC guarantees the timely payment of interest and ultimate collection of principal, but PCs are not backed by the full faith and credit of the U.S. Government.
In June 2019, FNMA and FHLMC started issuing Uniform Mortgage Backed Securities in place of their current offerings of TBA-eligible securities (the “Single Security Initiative”). The Single Security Initiative seeks to support the overall liquidity of the TBA market and aligns the characteristics of FNMA and FHLMC certificates. The effects that the Single Security Initiative may have on the market for TBA and other mortgage-backed securities are uncertain.
Roll-timing strategies can be used where a Fund seeks to extend the expiration or maturity of a position, such as a TBA security on an underlying asset, by closing out the position before expiration and opening a new position with respect to substantially the same underlying asset with a later expiration date. TBA securities purchased or sold are reflected on the Statements of Assets and Liabilities as an asset or liability, respectively. Recently finalized FINRA rules include mandatory margin requirements for the TBA market that require the Funds to post collateral in connection with their TBA transactions. There is no similar requirement applicable to the Funds’ TBA counterparties. The required collateralization of TBA trades could increase the cost of TBA transactions to the Funds and impose added operational complexity.
Separate Trading of Registered Interest and Principal of Securities (“STRIPS”) are U.S. Treasury fixed income securities in which the principal is separated, or stripped, from the interest and each takes the form of zero coupon securities. A STRIP is sold at a significant discount to face value and offers no interest payments; rather, investors receive payment at maturity. Zero coupon securities do not distribute interest on a current basis and tend to be subject to greater risk than interest-paying securities.
168
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
Defaulted Securities
Certain Funds may hold defaulted securities or other securities which were placed in non-accrual status as the collection of a portion or all of the interest has been deemed to be uncollectible. Debt obligations may be placed on non-accrual status and the related interest income, amortization or accretion may be reduced or stopped entirely. Additionally, current income accruals and interest receivables may be written off when it becomes probable that the interest will not be collected, and the amount of uncollectible interest can be reasonably estimated. A debt obligation is removed from non-accrual status when the issuer resumes interest payments or when collectability of interest is probable.
Time Deposits
The Funds place excess cash balances into overnight time deposits with one or more eligible deposit institutions that meet credit and risk standards approved by the Funds. These are classified as short-term investments in the Funds’ Portfolios of Investments.
Reclassification
U.S. GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or the NAV per Share.
Distribution of Income and Gains
The Funds intend to declare and make distributions of net investment income monthly. Distributions of net realized capital gains earned by the Funds, if any, are distributed at least annually. Distributions from income and capital gains are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.
Organizational and Offering Costs
The Adviser has agreed to bear all organizational and offering expenses for the Funds.
| 3. | INVESTMENT ADVISORY AND OTHER AGREEMENTS |
Investment Adviser
The Adviser furnishes investment management services to the Funds pursuant to an Investment Advisory Agreement with the Trust’s Board on behalf of each Fund, subject to the supervision and direction of the Board. The Adviser is registered with the SEC as an investment adviser under the Investment Advisers Act of 1940, as amended, as of date of these financial statements.
Pursuant to the Investment Advisory Agreement between BIM and the Trust (entered into on behalf of each Fund), BIM is responsible for substantially all expenses of the Funds, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses (as determined by a majority of the Trustees who are not “interested persons” of the Trust).
169
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
For its investment advisory services to the Funds, BIM will be paid a management fee from each Fund based on a percentage of each Fund’s average daily net assets, at the annual rates set forth below:
| Fund | Management Fee | |
| BondBloxx USD High Yield Bond Industrial Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Energy Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 0.35% | |
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 0.30% | |
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 0.20% | |
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 0.40% | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 0.29% | |
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 0.03% | |
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 0.03% | |
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 0.075% | |
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 0.125% |
BIM may from time to time voluntarily waive and/or reimburse fees or expenses in order to limit total annual fund operating expenses (excluding acquired fund fees and expenses, if any). Any such voluntary waiver or reimbursement may be eliminated by BIM at any time. Any waivers/reimbursements are not subject to recoupment by the Adviser.
Other Service Providers
Brown Brothers Harriman & Co. (“BBH”) is the Trust administrator, fund accountant, transfer and dividend agent and custodian. BBH is primarily in the business of providing custody, administrative, fund accounting and transfer agent services to retail and institutional mutual funds.
Foreside Fund Services, LLC (the “Distributor”) is the distributor for the shares of the Trust. The Distributor is a registered broker-dealer and member of the Financial Industry Regulatory Authority, Inc. (“FINRA”).
ACA Group provides the Trust with a Chief Compliance Officer.
Ropes & Gray LLP is counsel to the Trust.
Cohen & Company, Ltd. serves as the Trust’s independent registered public accounting firm. The independent registered public accounting firm is responsible for auditing the annual financial statements of the Funds.
170
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
| 4. | PURCHASE AND SALE OF FUND SHARES |
The Funds will offer, issue and redeem shares (“Shares”) at NAV only in aggregations of a specified number of Shares (each a “Creation Unit”). The Funds may issue and redeem Creation Units of its Shares only to certain authorized participants that have entered into agreements with the Distributor (“Authorized Participants”) in exchange for a designated basket of portfolio investments (including any portion of such investments for which cash may be substituted) (“Deposit Instruments”), together with the deposit of a specified cash payment (“Cash Component”). Shares of the Funds will be listed and trade on NYSE Arca, Inc. or Cboe BZX (the “Exchanges”), the national securities exchanges. Shares of the Funds will be traded in the secondary market and elsewhere at market prices that may be at, above or below the Funds’ NAV. Shares will be redeemable only in Creation Units by Authorized Participants, and, generally, in exchange for securities in-kind and/or a cash amount. Creation Units typically are large blocks of a specified number of shares or multiples thereof. In the event of liquidation of a Fund, the Trust may lower the number of shares in a Creation Unit.
Shares may be issued in advance of receipt of Deposit Instruments, subject to various conditions, including a requirement that the Authorized Participant maintain with the Trust a cash deposit marked to the market value of the omitted Deposit Instruments. Transaction fees and other costs associated with creations or redemptions that include cash may be higher than the transaction fees and other costs associated with in-kind creations or redemptions. In all cases, conditions with respect to creations and redemptions of Shares and fees will be limited in accordance with the requirements of Securities and Exchange Commission (“SEC”) rules and regulations applicable to management investment companies offering redeemable securities.
| 5. | INVESTMENT TRANSACTIONS |
The cost of purchases and the proceeds from sales of investment securities (excluding in-kind subscriptions and redemptions, US government securities and short-term investments) for the period ended April 30, 2023 were as follows:
Purchases | Sales | |||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 432,685 | $ | 349,813 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 534,954 | 583,478 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 14,922 | 56,876 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 516,127 | 534,074 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 697,065 | 652,430 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 477,398 | 624,154 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 140,141 | 206,025 | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 1,631,587 | 1,686,977 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 5,366,619 | 5,811,428 | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 1,302,659 | 1,457,986 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 19,110,583 | 19,409,459 | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 2,471,973 | - | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | - | 642,738 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 203,773 | 924,428 | ||||||
171
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
The cost of purchases and the proceeds from sales of US government securities (excluding in-kind subscriptions and redemptions, investment securities and short-term investments) for the period ended April 30, 2023 were as follows:
Purchases | Sales | |||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 29,667 | $ | 29,702 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 109,362 | 9,943 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 69,187 | 29,702 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 173,374 | 49,831 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 123,503 | - | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 98,888 | 99,007 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 619,849 | 99,666 | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 148,333 | - | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 1,932,083 | 2,411,133 | ||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF* | 136,572,642 | 33,502,769 | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 23,794,644 | 26,821,352 | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 13,123,845 | 12,837,473 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 5,759,599 | 5,336,237 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 5,847,913 | 6,123,546 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 2,995,752 | 3,248,106 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 2,444,581 | 2,669,963 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 5,571,750 | 5,014,501 | ||||||
| * | Includes short-term investments to reflect the fund’s investment strategy. |
For the period ended April 30, 2023, the costs of in-kind subscriptions and the proceeds from in-kind redemptions were as follows:
Purchases | Sales | |||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 17,936,678 | $ | 1,760,528 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 8,235,820 | 1,720,450 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 4,923,382 | 6,371,988 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 6,950,798 | 1,739,468 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 9,111,574 | 5,376,021 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 15,616,619 | 4,954,820 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 5,451,823 | 3,495,685 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 7,652,487 | 3,801,982 | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 1,735,493 | 3,603,427 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 5,611,230 | - | ||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF* | 440,040,033 | 10,503,262 | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 138,466,696 | 29,227,718 | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 63,484,170 | 8,774,351 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 3,412,959 | 1,017,973 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 16,338,218 | 934,734 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 5,901,557 | 423,242 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 4,381,154 | 2,113,128 | ||||||
| * | Includes short-term investments to reflect the fund’s investment strategy. |
172
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
| 6. | FEDERAL INCOME TAXES |
The Funds intend to qualify as a “regulated investment company” under Subchapter M of the Internal Revenue Code of 1986, as amended. If so qualified, the Funds will not be subject to federal income tax to the extent they distribute substantially all of their net investment income and net capital gains to their shareholders. Management of the Funds is required to determine whether a tax position taken by the Funds is more likely than not to be sustained upon examination by the applicable taxing authority. Management of the Funds has reviewed tax positions taken in the tax periods that remain subject to examination by all major tax jurisdictions, including federal, and has concluded that no provision for unrecognized tax benefits or expenses is required in these financial statements. The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense on the Statements of Operations. During the period ended April 30, 2023, the Funds did not incur any interest or penalties.
At April 30, 2023, the cost of investments and net unrealized appreciation (depreciation) for federal income tax purposes was as follows:
| Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | |||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 20,176,464 | $ | 151,031 | $ | (117,749 | ) | $ | 33,282 | |||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 10,286,921 | 33,865 | (316,924 | ) | (283,059 | ) | ||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 6,807,332 | 54,158 | (186,430 | ) | (132,272 | ) | ||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 8,984,045 | 30,876 | (166,681 | ) | (135,805 | ) | ||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 11,511,394 | 23,928 | (154,728 | ) | (130,800 | ) | ||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 17,763,546 | 65,809 | (189,620 | ) | (123,811 | ) | ||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 7,461,227 | 6,161 | (115,515 | ) | (109,354 | ) | ||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 11,688,921 | 164,729 | (340,049 | ) | (175,320 | ) | ||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 47,040,351 | 328,900 | (784,751 | ) | (455,851 | ) | ||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 9,700,473 | 179,937 | (561,069 | ) | (381,132 | ) | ||||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 181,783,546 | 3,099,524 | (4,826,975 | ) | (1,727,451 | ) | ||||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 506,725,796 | 51,352 | (264,639 | ) | (213,287 | ) | ||||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 149,330,576 | 61,494 | (168,109 | ) | (106,615 | ) | ||||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 91,712,783 | 220,631 | (85,801 | ) | 134,830 | |||||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 22,665,066 | 193,726 | (3,224 | ) | 190,502 | |||||||||||
173
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
| Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | |||||||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | $ | 36,103,520 | $ | 297,221 | $ | - | $ | 297,221 | ||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 26,462,186 | 252,875 | - | 252,875 | ||||||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 20,914,275 | 289,342 | (13 | ) | 289,329 | |||||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 25,188,995 | 521,308 | (153,173 | ) | 368,135 | |||||||||||
The differences between book-basis and tax-basis components of unrealized appreciation/(depreciation) are primarily attributable to tax deferral of losses on wash sales for tax purposes.
At October 31, 2022, for Federal income tax purposes, the Funds have capital loss carryforwards available as shown in the table below, to the extent provided by regulations, to offset future capital gains for an unlimited period. To the extent that these capital loss carryforwards are used to offset future capital gains, it is probable that the capital gains so offset will not be distributed to shareholders.
Short-Term | Long-Term | Total | ||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 23,138 | $ | - | $ | 23,138 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 16,556 | - | 16,556 | |||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 494,318 | - | 494,318 | |||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 58,703 | - | 58,703 | |||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 14,475 | - | 14,475 | |||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 32,565 | - | 32,565 | |||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 41,479 | - | 41,479 | |||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 43,015 | - | 43,015 | |||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 164,196 | - | 164,196 | |||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 23,476 | - | 23,476 | |||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 279,512 | - | 279,512 | |||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 8,760 | - | 8,760 | |||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 22,695 | - | 22,695 | |||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 30,770 | - | 30,770 | |||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 73,209 | - | 73,209 | |||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 35,055 | - | 35,055 | |||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 96,098 | - | 96,098 | |||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 71,927 | - | 71,927 | |||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 613,680 | - | 613,680 | |||||||||
| 7. | RELATED PARTIES |
At April 30, 2023, certain officers and Trustees of the Trust are also officers or employees of the Adviser or affiliated with the Distributor.
174
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Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
| 8. | INDEMNIFICATIONS |
In the normal course of business, the Trust, on behalf of the Funds, enters into contracts with third-party service providers that contain a variety of representations and warranties and that provide general indemnifications. Additionally, under the Trust organizational documents, the officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. The Funds’ maximum exposure under these arrangements is unknown, as it involves possible future claims that may or may not be made against the Funds. The Adviser is of the view that the risk of loss to the Funds in connection with the Funds’ indemnification obligations is remote; however, there can be no assurance that such obligations will not result in material liabilities that adversely affect the Funds.
| 9. | INVESTMENT RISKS |
A discussion of some of the principal risks associated with an investment in a Fund is contained in each Fund’s Prospectus. An investment in a Fund should be made with an understanding that the value of the Fund’s portfolio securities may fluctuate in accordance with changes in the financial condition of the issuers of the portfolio securities, the value of bonds in general, and other factors that affect the market.
High Yield Bonds Risk. Bonds that are rated below investment-grade (sometimes referred to as “junk bonds,” which may include those bonds rated below “BBB-” by S&P Global Ratings and Fitch, or below “Baa3” by Moody’s), or similar bonds that are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated bonds of similar maturity and may be more likely to default.
U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of the U.S. Government may cause the value of the Fund’s U.S. Treasury obligations to decline.
U.S. Government Obligations Risk. While U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. Government, such securities are nonetheless subject to credit risk (i.e., the risk that the U.S. Government may be, or be perceived to be, unable or unwilling to honor its financial obligations, such as making payments). Securities issued or guaranteed by federal agencies or authorities and U.S. Government-sponsored instrumentalities or enterprises may or may not be backed by the full faith and credit of the U.S. Government.
Emerging Markets Risks. Investments in emerging market issuers are subject to a greater risk of loss than investments in issuers located or operating in more developed markets. This is due to, among other things, the potential for greater market volatility, lower trading volume, higher levels of inflation, political and economic instability, greater risk of a market shutdown and more governmental limitations on foreign investments in emerging market countries than are typically found in more developed markets. Companies in many emerging markets are not subject to the same degree of regulatory requirements, accounting standards or auditor oversight as companies in more developed countries, and as a result, information about the securities in which the Fund invests may be less reliable or complete. Moreover, emerging markets often have less reliable securities valuations and greater risks associated with custody of securities than developed markets. There may be significant obstacles to obtaining information necessary for investigations into or litigation against companies and shareholders may have limited legal remedies. The Fund is not actively managed and does not select investments based on investor protection considerations. In addition, emerging markets often have greater risk of capital controls through such measures as taxes or interest rate control than developed markets. Certain emerging market countries may also lack the infrastructure necessary to attract large amounts of foreign trade and investment. Local securities markets in emerging market countries may trade a small number of securities and may be unable to respond effectively to changes in trading volume, potentially making prompt liquidation of holdings difficult or impossible at times. Settlement procedures in emerging market countries are frequently less developed and reliable than those in the U.S. (and other developed countries). In addition, significant delays may occur in certain markets in registering the transfer of securities. There could be additional impacts on the value of the Fund as a result
175
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
of sustainability risks, in particular those caused by environmental changes related to climate change, social issues (including relating to labor rights) and governance risk (including but not limited to risks around board independence, ownership and control, or audit and tax management). Additionally, disclosures or third-party data coverage associated with sustainability risks is generally less available or transparent in these markets.
Interest Rate Risk. During periods of very low or negative interest rates, the Fund may be unable to maintain positive returns or pay dividends to Fund shareholders. Very low or negative interest rates may magnify interest rate risk. Changing interest rates, including rates that fall below zero, may have unpredictable effects on markets, result in heightened market volatility and detract from the Fund’s performance to the extent the Fund is exposed to such interest rates. Additionally, under certain market conditions in which interest rates are low and the market prices for portfolio securities have increased, the Fund may have a very low, or even negative yield. A low or negative yield would cause the Fund to lose money in certain conditions and over certain time periods. An increase in interest rates will generally cause the value of securities held by the Fund to decline, may lead to heightened volatility in the fixed-income markets and may adversely affect the liquidity of certain fixed-income investments, including those held by the Fund. The recent historically low interest rate environment heightens the risks associated with rising interest rates that may result from central bank or government intervention or other inflationary pressures.
Concentration Risk. The Funds may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Funds’ investments more than the market as a whole, to the extent that the Funds’ investments are concentrated in the securities of a particular issuer or issuers, sector, sub-sector, market segment, market, industry, group of industries, country, group of countries, region or asset class. The Funds may be more adversely affected by the underperformance of those securities, may experience increased price volatility and may be more susceptible to adverse economic, market, political or regulatory occurrences affecting those securities and/or other assets than a fund that does not concentrate its investments.
Infectious Illness Risk. An outbreak of an infectious respiratory illness, COVID-19, caused by a novel coronavirus that was first detected in December 2019 has spread globally. The impact of this outbreak has adversely affected the economies of many nations and the global economy, and may impact individual issuers and capital markets in ways that cannot be foreseen. The duration of the outbreak and its effects cannot be predicted with certainty. Any market or economic disruption can be expected to result in elevated tracking error and increased premiums or discounts to each Fund’s NAV.
Inflation Risk. Inflation is a sustained rise in overall price levels. Moderate inflation is associated with economic growth, while high inflation can signal an overheated economy. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money (i.e., as inflation increases, the values of the Fund’s assets can decline). Inflation poses a “stealth” threat to investors because it reduces savings and investment returns. Central banks, such as the U.S. Federal Reserve, generally attempt to control inflation by regulating the pace of economic activity. They typically attempt to affect economic activity by raising and lowering short-term interest rates. At times, governments may attempt to manage inflation through fiscal policy, such as by raising taxes or reducing spending, thereby reducing economic activity; conversely, governments can attempt to combat deflation with tax cuts and increased spending designed to stimulate economic activity. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Fund’s investments may not keep pace with inflation, which may result in losses to Fund shareholders. This risk is greater for fixed-income instruments with longer maturities.
Market Risk. The Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, the advent of significant inflation, or other events could have a significant impact on the Fund and its investments and could result in increased premiums or discounts to the Fund’s NAV.
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BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2023 (Unaudited)
Non-Diversification Risk. The Funds are classified as “non-diversified” funds under the 1940 Act. Accordingly, a Fund may invest a greater portion of its assets in the securities of a single issuer than if it were a “diversified” fund. To the extent that a Fund invests a higher percentage of its assets in the securities of a single issuer, the Fund is subject to a higher degree of risk associated with and developments affecting that issuer than a fund that invests more widely.
LIBOR Transition Risk. The risk related to the anticipated discontinuation of the London Interbank Offered Rate (“LIBOR”) by the end of 2021. On November 30, 2020, the administrator of LIBOR announced a delay in the phase out of a majority of the U.S. dollar LIBOR publications until June 30, 2023, and the remainder of LIBOR publications are expected to end at the end of 2021. Certain instruments held by the Funds may rely in some fashion upon LIBOR. Although the transition process away from LIBOR has become increasingly well-defined in advance of the anticipated discontinuation date, there remains uncertainty regarding the nature of any replacement rate, and any potential effects of the transition away from LIBOR on the Funds or on certain instruments in which the Funds invest can be difficult to ascertain. The transition process may involve, among other things, increased volatility or illiquidity in markets for instruments that currently rely on LIBOR, and may result in a reduction in value of certain instruments held by the Funds.
Russian Invasion of Ukraine. Russia launched a large-scale invasion of Ukraine on February 24, 2022. The extent and duration of the military action, resulting sanctions and resulting future market disruptions in the region are impossible to predict, but could be significant. Any such disruptions caused by Russian military action or other actions (e.g., cyberattacks and espionage) or resulting actual and threatened responses to such activity, including purchasing and financing restrictions, sanctions, tariffs or cyberattacks on Russian entities or individuals could have a severe adverse effect on the region, including significant negative impacts on the economy and the markets for certain securities and commodities, such as oil and natural gas, as well as other sectors. How long such military action and related events will last cannot be predicted. These and any related events could have significant impact on Fund performance and the value of an investment in the Fund.
| 10. | NEW ACCOUNTING PRONOUNCEMENTS |
In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions.” The ASU clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring the fair value. The amendments also require additional disclosures related to equity securities subject to contractual sale restrictions. The ASU is effective for fiscal years beginning after December 15, 2023 and interim periods within those fiscal years. Management is evaluating the implications of this guidance to future financial statements.
| 11. | SUBSEQUENT EVENTS |
Management has evaluated the need for disclosure and/or adjustments resulting from subsequent events through the date the financial statements were issued. Based on this evaluation, no adjustments were required to the financial statements.
177
Supplemental Information (Unaudited)
Quarterly Portfolio Schedule. BondBloxx ETF Trust files their complete schedules of portfolio holdings with the SEC for the first and third quarters of each fiscal year to date on Form N-PORT. The Forms N-PORT will be available on the SEC’s website at www.sec.gov. In addition, the Funds’ full portfolio holdings are updated daily and available on the Funds’ website at https://bondbloxxetf.com/.
Proxy Voting Policy. Information with respect to how proxies relating to the Funds’ portfolio securities were voted during the 12-month period ended June 30 will be available: (i) without charge, upon request, by calling (800) 896-5089 or through the Funds’ website at https://bondbloxxetf.com/; and (ii) on the SEC’s website at www.sec.gov.
Proxy Voting Record. BIM, as an adviser to a 1940 Act Funds, is required to comply with Rule 30b1-4 under the 1940 Act (the “Proxy Rule”), that requires investment companies to file annual report Form N-PX. The adviser must provide the Fund Administrator with the voting records in order to comply with this filing. On an annual basis, following the end of the 12-month period ending June 30, the Adviser will furnish to the Trust’s administrator a full record detailing all how the Adviser voted all Trust proxies for the prior 12-month period.
Premium/Discount Information. Information about the difference between daily market values on the secondary market for shares of the Funds in BondBloxx ETF Trust and such Funds’ net asset value can be found on our website, https://bondbloxxetf.com/.
Code of Ethics. The Trust and the Adviser have each adopted codes of ethics pursuant to Rule 17j-1 of the 1940 Act. Each code of ethics may be examined at the office of the SEC in Washington, D.C. or on the Internet at the SEC’s website at www.sec.gov.
178
Board Approval of Investment Advisory Agreement (Unaudited)
Under Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), the Board of Trustees (the “Board”) of BondBloxx ETF Trust (the “Trust,” and each series of the Trust, a “Fund”), including a majority of the Trustees who are not “interested persons” (as that term is defined in the 1940 Act) (the “Independent Trustees”) of the Trust, is required to consider and approve each Investment Advisory Agreement between the Trust and BondBloxx Investment Management Corporation (“BondBloxx”) (each, an “Advisory Agreement”). As part of the Board’s review of the Advisory Agreements, the Board and its committees (composed solely of Independent Trustees) assess BondBloxx’s services to the respective Funds, including investment management; oversight of the Funds’ service providers; risk management and oversight; legal and compliance services; and ability to comply with applicable legal and regulatory requirements.
At a meeting held on March 16, 2022, the Board, including a majority of the Independent Trustees, approved the Advisory Agreement with respect to the BondBloxx BB Rated USD High Yield Corporate Bond ETF, BondBloxx B Rated USD High Yield Corporate Bond ETF, and BondBloxx CCC Rated USD High Yield Corporate Bond ETF (together, the “High Yield Ratings Funds”) for an initial two-year period (the “High Yield Ratings Advisory Agreement”). In determining whether to approve the High Yield Ratings Advisory Agreement, BondBloxx furnished information necessary for the Board to make the determination that the High Yield Ratings Advisory Agreement was in the best interests of the High Yield Ratings Funds and their respective shareholders. Prior to approving the High Yield Ratings Advisory Agreement, the Independent Trustees reviewed the proposed terms of the High Yield Ratings Advisory Agreement, including BondBloxx’s proposed services, with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the High Yield Ratings Advisory Agreement.
At a meeting held on May 17, 2022 (the “May Meeting”), the Board, including a majority of the Independent Trustees, voted to approve the Advisory Agreement with respect to the BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (the “Emerging Markets Fund”) for an initial two-year period (the “Emerging Markets Advisory Agreement”). In determining whether to approve the Emerging Markets Advisory Agreement, BondBloxx furnished information necessary for the Board to make the determination that the Emerging Markets Advisory Agreement was in the best interests of the Emerging Markets Fund and its shareholders. Prior to approving the Emerging Markets Advisory Agreement, the Independent Trustees reviewed the proposed terms of the Emerging Markets Advisory Agreement, including BondBloxx’s proposed services, with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the Emerging Markets Advisory Agreement. In addition, at the May Meeting, the Board, including a majority of the Independent Trustees, approved the amended High Yield Ratings Advisory Agreement, which included a new fee structure for the High Yield Ratings Funds, after determining that the fee proposal was fair and reasonable. In determining whether to approve the amended High Yield Ratings Advisory Agreement, the Board considered the information provided by management supporting the new fee structure. Prior to approving the amended High Yield Ratings Advisory Agreement, the Independent Trustees reviewed the proposed amended fee structure with management and their independent legal counsel and discussed with counsel the relevant legal standards for evaluating such fee proposal.
At a meeting held on August 16, 2022, the Board, including a majority of the Independent Trustees, approved the Advisory Agreement with respect to the BondBloxx Bloomberg Six Month Target Duration US Treasury ETF, BondBloxx Bloomberg One Year Target Duration US Treasury ETF, BondBloxx Bloomberg Two Year Target Duration US Treasury ETF, BondBloxx Bloomberg Three Year Target Duration US Treasury ETF, BondBloxx Bloomberg Five Year Target Duration US Treasury ETF, BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF, BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF, and BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (together, the “Treasury Funds”) for an initial two-year period (the “Treasury Advisory Agreement”). In determining whether to approve the Treasury Advisory Agreement, BondBloxx furnished information necessary for the Board to make the determination that the Treasury Advisory Agreement was in the best interests of the Treasury Funds and their respective shareholders. Prior to approving the Treasury Advisory Agreement, the Independent Trustees reviewed the proposed terms of the Treasury Advisory Agreement, including BondBloxx’s proposed services, with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the Treasury Advisory Agreement.
179
BONDBLOXX ETF TRUST
Board Approval of Investment Advisory Agreement (Unaudited) (Continued)
At a meeting held on November 15, 2022, the Board, including a majority of the Independent Trustees, voted to approve the continuance of the Advisory Agreement with respect to BondBloxx USD High Yield Bond Industrial Sector ETF, BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF, BondBloxx USD High Yield Bond Healthcare Sector ETF, BondBloxx USD High Yield Bond Financial & REIT Sector ETF, BondBloxx USD High Yield Bond Energy Sector ETF, BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF, and the BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (together, the “Sector Funds”) for a one-year period (the “Sector Advisory Agreement”). In determining whether to approve the continuance of the Sector Advisory Agreement, BondBloxx furnished information necessary for the Board to make the determination that the continuance of the Sector Advisory Agreement was in the best interests of the Sector Funds and their respective shareholders. Prior to approving the continuance of the Sector Advisory Agreement, the Independent Trustees reviewed the terms of the Sector Advisory Agreement, including BondBloxx’s services, with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the proposed continuance of the Sector Advisory Agreement.
In approving the High Yield Ratings Advisory Agreement, the Emerging Markets Advisory Agreement and the Treasury Advisory Agreement, the Board, including the Independent Trustees, considered various factors, including: (1) the nature, extent and quality of the services to be provided to the Funds by BondBloxx; (2) BondBloxx’s proposed compensation under the Advisory Agreement; (3) the estimated expenses of the Funds; (4) the estimated costs of services to be provided to the Funds and the anticipated profits to be realized by BondBloxx from its management of the Funds; (5) the potential for economies of scale and the sharing of any economies of scale with the Funds’ shareholders; (6) the fees paid by and services provided to comparable high yield bond exchange-traded funds (“ETFs”); and (7) other potential benefits to BondBloxx from its relationships with the Funds. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve each Advisory Agreement are discussed below.
Nature, Extent and Quality of Services to be Provided. In considering the nature, extent and quality of the services to be provided by BondBloxx under the Advisory Agreement, the Board reviewed information provided by BondBloxx relating to its operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of BondBloxx’s personnel. The Board also took into account the systems and resources that BondBloxx intended to devote to investment management, legal and compliance. Based on the foregoing, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Funds by BondBloxx under the Advisory Agreement.
Performance. The Board took into account that BondBloxx does not currently manage any accounts or funds with similar investment objectives and policies and does not operate any affiliated advisory entities. The Board took into consideration the professional experience and investment capabilities of the individual who is expected to serve as portfolio manager to the Funds. In addition, the Board considered BondBloxx’s investment philosophy and portfolio construction process and the systems and tools BondBloxx expected to use in managing the Funds in accordance with their respective investment objectives and investment strategies. The Board also took into consideration the information management provided regarding the challenges in assembling appropriate peer groups for a number of the Funds due to, among other things, the limited number of possible peer funds with substantially similar principal investment strategies, investment approaches and/or fee structures. Based on the foregoing, the Board concluded that BondBloxx is qualified to manage each Fund’s assets in accordance with the Fund’s investment objectives and investment strategies.
Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation that each Fund is required to pay to BondBloxx under the Advisory Agreement and the estimated expense ratios of the Funds. The Board took into account that under the Advisory Agreement, BondBloxx is responsible for paying substantially all of the Funds’ operating expenses with some exceptions and that this expense structure effectively limits each Fund’s expenses to the level of its respective advisory fee. In addition, the Board took into account the expense ratios of comparable peer ETFs relative to the estimated expense ratios of the Funds. Based on the foregoing, the Board concluded that each Fund’s advisory fee is reasonable in view of the services to be received by the Fund from BondBloxx and the other factors considered.
180
BONDBLOXX ETF TRUST
Board Approval of Investment Advisory Agreement (Unaudited) (Continued)
Costs of Services, Anticipated Profitability and Fall-out Benefits. The Board considered the estimated cost of services to be provided and the profits to be realized by BondBloxx in connection with its provision of services to the Funds pursuant to the Advisory Agreement. In particular, the Board took into account BondBloxx’s expectations that during the Funds’ initial period of operations, the Funds are likely to operate below their breakeven levels and their profitability to BondBloxx would likely be below levels anticipated by BondBloxx in later years. The Board noted potential benefits to BondBloxx that could accrue as a result of managing the Funds, including potential reputational benefits. Based upon the foregoing, the Board concluded that BondBloxx’s anticipated profitability from its relationship with the Funds was reasonable.
Potential Economies of Scale. The Board considered the initial levels of investor seed capital and BondBloxx’s expectations concerning each Fund’s asset growth in the first year of operations and beyond. The Board noted the competitive environment in which the Funds will operate. The Board considered the effect of potential future asset growth on each Fund’s performance and expenses. The Board noted that as a Fund’s assets increase over time, the Fund might realize other economies of scale to the extent its assets increase proportionally more than certain Fund operating expenses. Based on the foregoing, the Board concluded that the amount and structure of the proposed compensation to be paid by each Fund to BondBloxx is appropriate.
Conclusion. The Board, including the Independent Trustees, did not identify any single factor as controlling, and each Trustee may have attributed different weight to various factors. Based on a review of the factors described above, as well as such other factors as deemed appropriate by the Board, the Board, including a majority of the Independent Trustees, determined that each Advisory Agreement, including the compensation payable to BondBloxx under such agreement, is in the best interests of each Fund and its respective shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the High Yield Ratings Advisory Agreement, the Emerging Markets Advisory Agreement and the Treasury Advisory Agreement for an initial two-year period.
In approving the continuance of the Sector Advisory Agreement, the Board, including the Independent Trustees, considered various factors, including: (1) the nature, extent and quality of the services provided to the Sector Funds by BondBloxx; (2) the investment performance of the Sector Funds; (3) BondBloxx’s compensation under the Sector Advisory Agreement; (4) the expenses of the Sector Funds; (5) the costs of services provided to the Sector Funds and the profitability of the relationship to BondBloxx; (6) economies of scale and the sharing of any economies of scale with the Sector Funds’ shareholders; (7) the fees paid by and services provided to comparable high yield bond ETFs; and (8) other benefits to BondBloxx from its relationships with the Sector Funds. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the continuance of the Sector Advisory Agreement are discussed below.
Nature, Extent and Quality of Services to be Provided. In considering the nature, extent and quality of the services provided by BondBloxx under the Sector Advisory Agreement, the Board reviewed information provided by BondBloxx relating to its operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of BondBloxx’s personnel. The Board also took into account the systems and resources that BondBloxx devotes to investment management, legal and compliance. Based on the foregoing, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to the Sector Funds by BondBloxx under the Sector Advisory Agreement.
Performance. The Board took into account that BondBloxx does not currently manage any accounts or funds with similar investment objectives and policies and does not operate any affiliated advisory entities. The Board took into consideration the professional experience and investment capabilities of the individual who serves as portfolio manager to the Sector Funds. In addition, the Board considered BondBloxx’s investment philosophy and portfolio construction process and the systems and tools BondBloxx uses in managing the Sector Funds in accordance with its investment objectives and investment strategies. In considering each Sector Fund’s performance, the Board reviewed comparisons of the performance of the Fund to the performance of a peer group of comparable funds selected by Broadridge. The Board noted that the performance of each of BondBloxx USD High Yield Bond Industrial Sector ETF, BondBloxx USD High Yield Bond Energy Sector ETF and BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF for the period (since inception) ended September 22,
181
BONDBLOXX ETF TRUST
Board Approval of Investment Advisory Agreement (Unaudited) (Continued)
2022, was above the median, and that the performance of the other four Sector Funds was below the peer group median for the period (since inception) ended September 22, 2022. The Board considered the Funds’ limited operating history and noted that it was important to provide the Funds’ portfolio management team sufficient time to establish a longer performance history. Based on the foregoing, the Board concluded that BondBloxx is qualified to manage the Sector Funds’ assets in accordance with each Fund’s investment objectives and investment strategies.
Compensation and Expenses. The Board considered the compensation that the Sector Funds are required to pay to BondBloxx under the Sector Advisory Agreement and the expense ratios of the Funds. The Board took into account that under the Sector Advisory Agreement, BondBloxx is responsible for paying substantially all of the Sector Funds’ operating expenses with some exceptions and that this expense structure effectively limits each Fund’s expenses to the level of its respective advisory fee. In addition, the Board took into account the expense ratios of comparable peer ETFs relative to the estimated expense ratios of the Sector Funds. Based on the foregoing, the Board concluded that the Sector Funds’ advisory fee is reasonable in view of the services received by the Funds from BondBloxx and the other factors considered.
Costs of Services, Profitability and Fall-out Benefits. The Board considered the cost of services provided and the profits realized by BondBloxx in connection with its provision of services to the Sector Funds pursuant to the Sector Advisory Agreement. The Board noted direct and indirect benefits that BondBloxx may receive from its relationship with the Sector Funds, including the “fallout benefits,” such as reputational value derived from serving as investment adviser to the Funds. Based upon the foregoing, the Board concluded that BondBloxx’s ancillary benefits from its relationship with the Sector Funds was reasonable.
Economies of Scale. The Board noted the competitive environment in which the Sector Funds operate. The Board considered the effect of future asset growth on each Fund’s performance and expenses. The Board noted that as each Fund’s assets increase over time, the Fund might realize other economies of scale to the extent its assets increase proportionally more than certain Fund operating expenses. Based on the foregoing, the Board concluded that the amount and structure of the compensation paid by the Funds to BondBloxx is appropriate.
Conclusion. The Board, including the Independent Trustees, did not identify any single factor as controlling, and each Trustee may have attributed different weight to various factors. Based on a review of the factors described above, as well as such other factors as deemed appropriate by the Board, the Board, including a majority of the Independent Trustees, determined that the Sector Advisory Agreement, including the compensation payable to BondBloxx under the agreement, is in the best interests of the Sector Funds and their respective shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the continuance of the Sector Advisory Agreement for another one-year period.
182
Board of Trustees and Executive Officers (Unaudited)
The Board has responsibility for the overall management and operations of the Funds, including general supervision of the duties performed by BIM and other service providers. Each Trustee serves until he or she resigns, is removed, dies, retires or becomes incapacitated. Each officer shall hold office until his or her successor is elected and qualifies or until his or her death, resignation or removal. Trustees who are not “interested persons” (as defined in the 1940 Act) of the Trust are referred to as “Independent Trustees.”.
The address of each Trustee and officer is c/o BondBloxx ETF Trust, 700 Larkspur Landing Circle, Suite 250, Larkspur, CA 94939. The Board has designated Joanna Gallegos as its Board Chair. David Lonergan serves as the Lead Independent Trustee. Additional information about the Funds’ Trustees and officers may be found in the Statement of Additional Information, which is available without charge, upon request, by calling toll-free (800) 896-5089.
Trustees
| Name (Age) | Position(s) Held with the Fund | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | Number of Portfolios in the Fund Complex Overseen by the Trustee | Other Directorships Held by the Trustee |
| Allan Eberhart, (61) | Trustee, Nominating and Governance Committee Chair | 2021-present | Professor of Finance, Founding Director (now Senior Associate Dean) of Master of Science in Finance program, McDonough School of Business, Georgetown University, since 1989 | 19 | None |
| David Lonergan (52) | Lead Independent Trustee | 2021-present | Retired; Chief Investment Officer Vista Capital Advisors (2017); Managing Director Global Co-Head Securities Lending and Finance BlackRock (1994-2014) | 19 | Advisory Board Member, Make-A-Wish Greater Bay Area (since 2017) |
| Stephen Messinger (60) | Trustee, Audit Committee Chair | 2021-present | President, Di Costa Partners, 2019-present (registered fund governance advisory); Managing Director, BlackRock, Inc. (2016-2019); Executive Vice President, iShares ETFs (2016-2019) | 19 | Director, Ricochet Foundation (since 2018) |
| H. Michael Williams (62) | Trustee | 2021-present | Retired; Educator, Director of Intercollegiate Athletics, University of California (2014-2018) | 19 | Member, Board of Visitors, University of California – Berkeley (since 2022); Director, The Spencer Foundation (since 2019) |
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BONDBLOXX ETF TRUST
Board of Trustees and Executive Officers (Unaudited) (Continued)
| Name (Age) | Position(s) Held with the Fund | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | Number of Portfolios in the Fund Complex Overseen by the Trustee | Other Directorships Held by the Trustee |
| Joanna Gallegos (47) | Interested Trustee and Board Chair | 2021-present | Chief Operating Officer, BondBloxx Investment Management Corporation, since 2021; Head of Global ETF Strategy (2019-2021), Head of US ETFs (2017-2019) and Head of ETF Product Development (2013-2017), J.P. Morgan Asset Management; Managing Director/Director, BlackRock, Inc. (1999-2013) | 19 | None |
Officers
| Name (Age) | Position | Principal Occupation(s) During the Past 5 Years |
| Joanna Gallegos (47) | Chief Executive Officer, President and Secretary | Chief Operating Officer, BondBloxx Investment Management Corporation since 2021; Head of Global ETF Strategy (2019-2021), Head of US ETFs (2017-2019) and Head of ETF Product Development (2013-2017), J.P. Morgan Asset Management; Managing Director/Director, BlackRock, Inc. (1999-2013) |
| Tony Kelly (51) | Chief Financial Officer, Chief Accounting Officer, Vice President and Treasurer | Head of ETF Product and Capital Markets, BondBloxx Investment Management Corporation, since 2021; Managing Director and Head of ETF Product, Goldman Sachs Asset Management (2015-2021); Managing Director/Director, BlackRock, Inc. (2000-2015) |
| Kevin Hourihan (44) | Interim Chief Compliance Officer, AML Compliance Officer | Senior Principal Consultant - Fund Chief Compliance Officer, ACA Global, LLC, since 2022; Chief Compliance Officer, ETF Managers Trust, since 2022; Chief Compliance Officer, Bitwise Funds Trust, since 2022; Chief Compliance Officer, Ashmore Funds (2017-2022); Director, Ashmore Investment Advisors (US) Corp. (2017-2022); Director, Ashmore Investment Management (US) Corp. (2017-2022); Chief Compliance Officer, Ashmore Investment Management (US) Corp. (2014-2022); Chief Compliance Officer, Ashmore Equities Investment Management (US) LLC (2015-2017) |
The Board has concluded that, based on each Trustee’s experience, qualifications, attributes or skills on an individual basis and in combination with those of the other Trustees, each Trustee should serve as a Trustee of the Board. Among the attributes common to all Trustees are their ability to review critically, evaluate, question and discuss information provided to them, to interact effectively with the Funds’ investment adviser, other service providers, counsel and the independent registered public accounting firm, and to exercise effective business judgment in the performance of their duties as Trustees. A Trustee’s ability to perform his or her duties effectively may have been attained through the Trustee’s educational background or professional training; business, consulting, public service or academic positions; experience from service as a Board member of the Funds and the other funds in the Trust (and any predecessor funds), other investment funds, public companies, or non-profit entities or other organizations; and/or other life experiences. Also, set forth below is a brief discussion of the specific experience, qualifications, attributes or skills of each Trustee that led the Board to conclude that he or she should serve (or continue to serve) as a Trustee.
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BONDBLOXX ETF TRUST
Board of Trustees and Executive Officers (Unaudited) (Continued)
Allan C. Eberhart. Allan C. Eberhart has been a Trustee of the Trust and Chair of the Nominating and Governance Committee since 2021. Mr. Eberhart has over 30 years of experience in financial education and consulting. He is a Professor of Finance and Founding Director, now Senior Associate Dean, of the Master of Science in Finance program at Georgetown University’s McDonough School of Business. He began teaching Finance at Georgetown University in 1989. He has published research on financial markets in leading journals such as the Journal of Finance, Review of Financial Studies, and the Journal of Accounting Research. He was previously a visiting professor at New York University’s Stern School of Business, and has consulted for firms such as Ashmore Group, Barclays, Goldman, Sachs, Standard and Poor’s, and T. Rowe Price. Mr. Eberhart has a Bachelor of Arts degree from Thomas More College, a Master of Arts degree from the University of Cincinnati, a PhD in Finance from the University of South Carolina, and an EdD in Higher Education Management from the University of Pennsylvania.
David A. Lonergan. David A. Lonergan has been a Trustee and Lead Independent Trustee of the Trust since 2021. Mr. Lonergan most recently served as Chief Investment Officer for Vista Capital Advisors in 2017, where he devised strategies and oversight for a corporate bond and credit derivatives portfolio. Mr. Lonergan retired as a Managing Director with BlackRock Inc. in 2014 after serving the firm and Barclays Global Investors (acquired by BlackRock in 2009) since 1994. When he retired he was serving as Global Co-Head of Securities Lending and Finance. Prior to that, he held several positions with the firm, including as Global Head of Securities Lending Strategy, Head of U.S. Cash Management, U.S. Liquidity Manager, and Cash Trader. In his role as Head of U.S. Cash Management, he oversaw the management of over $175B in short duration fixed income investments, including asset backed securities, over the counter and exchange traded derivatives, corporate bonds and various liquidity products. Mr. Lonergan currently serves as an Advisory Board Member with Make-A-Wish Greater Bay Area, after having served two terms as a Board Member, including terms as Board Chair, and Treasurer/Finance Committee Chair. Mr. Lonergan has a B.A. degree in Business Administration from California State University Sacramento, and an M.B.A. degree from the University of California at Davis.
Stephen A. Messinger. Stephen A. Messinger has been a Trustee of the Trust and Chair of the Audit Committee since 2021. Mr. Messinger has worked in the asset management industry for over 20 years and with ETF products specifically for more than 14 years. He has recently launched a start up business, Di Costa Partners, focused on advising managers and boards on the governance of registered funds. Di Costa was acquired in 2022 by Morrow Sodali Fund Services, where Mr. Messinger currently serves as President. Prior to Di Costa, Mr. Messinger worked at the world’s largest global ETF sponsor — iShares, which is owned by BlackRock. He has held different roles in the ETF business culminating as the Executive Vice President of the registered iShares ETF complex, serving as the senior liaison with the US iShares ETFs board of trustees. In that role, he worked closely with the different teams that support the board and coordinated BlackRock’s varied interactions with the board. Prior to his most recent stint at BlackRock, Steve was a Managing Director at Beacon Consulting, where he focused on helping asset managers grow and develop ETF businesses. Mr. Messinger has a B.A. degree from Brown University, an M.I.A. from Columbia University, and an M.B.A. from The Wharton School at the University of Pennsylvania.
H. Michael Williams. H. Michael Williams has been a Trustee of the Trust since 2021. Mr. Williams is a Director of the Spencer Foundation, which makes grants to support research for areas of education. Mr. Williams is also a Member of University of California, Berkeley’s Board of Visitors. Mr. Williams previously was a Trustee, President and CEO of the Barclays Global Investors family of mutual funds. He was a Trustee of the U.C. Berkeley Foundation from 2007-2018 and was its Vice Chairman (2014-2015). He serves on numerous non-profit boards and is Co-Chair of the Executive Board of the College of Letters and Science at U.C. Berkeley. Mr. Williams was most recently the Director of Intercollegiate Athletics at the University of California, Berkeley. Previously, Mr. Williams was Vice Chairman of Capital Markets at Barclays Global Investors and a Vice President of Bank of America. Mr. Williams has an A.B. degree in Economics from the University of California, Berkeley and an M.B.A. degree in Finance from the UCLA Anderson School of Management.
185
BONDBLOXX ETF TRUST
Board of Trustees and Executive Officers (Unaudited) (Continued)
Joanna Gallegos (Interested Trustee). Joanna Gallegos has served as the Chair of the Board of Trustees of the Trust since 2021. In addition, she has served as the President of the Trust since 2021. Ms. Gallegos is the Chief Operating Officer of BondBloxx Investment Management Corporation. In her role, she is responsible for overseeing the day-to-day operations of BIM and the Trust, including overseeing the Trust’s service providers. Ms. Gallegos is a global leader in ETF design, distribution and growth and has an extensive track record in launching new businesses, entering highly competitive markets, and building high performing teams across all phases of the ETF business, including distribution strategy, capital markets effectiveness, the strategic product lifecycle, and building financial enterprise systems. Ms. Gallegos has served in a variety of roles as an inaugural member of the management team of the ETF business at J.P. Morgan Asset Management from 2013-2021, including Head of its U.S. ETF business and Head of Global ETF Strategy, where she led the firm’s efforts to design, develop, launch and manage a complete range of ETF products and helped JPM become a Top 10 Provider of ETFs, with over $65 billion in AUM. Prior to J.P. Morgan, she served in a variety of roles at BlackRock’s iShares division, including Senior Product Manager and Managing Director of the firm’s strategic initiatives group, from 1999 to 2013, where she was instrumental in planning, building and launching many of the industry’s largest and most liquid equity, fixed income and alternative ETFs. Ms. Gallegos holds a Bachelor of Science from Sonoma State University in Business Administration & Finance. She is named as inventor on a patent for Multi-Basket Structure for Exchange Traded Fund (ETF), developed during her time at BlackRock, and a System and Method for Dynamic Implementation of Exchange Traded Fund, developed during her time at J.P. Morgan. She holds the FINRA Series 7, 63 and 24 licenses and is a member of Women in ETFs.
186
BONDBLOXX ETF TRUST
General Information (Unaudited)
Investment Adviser
BondBloxx Investment Management Corporation
700 Larkspur Landing Circle, Suite 250
Larkspur, CA 94939
Administrator, Fund Accountant, Transfer and Dividend Agent and Custodian
Brown Brothers Harriman & Co.
50 Post Office Square
Boston, MA 02110
Distributor
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
Chief Compliance Officer
ACA Group
480 East Swedesford Road, Suite 220
Wayne, PA 19087
Independent Registered Public Accounting Firm
Cohen & Company, Ltd.
1350 Euclid Avenue, Suite 800
Cleveland, OH 44115
Legal Counsel
Ropes & Gray LLP
3 Embarcadero Center
San Francisco, CA 94111
187
This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.
BondBloxx Investment Management Corporation | bondbloxxetf.com | 800.896.5089
| (b) | Include a copy of each notice transmitted to stockholders in reliance on Rule 30e-3 under the Act (17 CFR 270.30e-3) that contains disclosures specified by paragraph (c)(3) of that rule. |
Not applicable.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 6. INVESTMENTS.
| (a) | A Schedule of Investments in securities of unaffiliated issuers as of the close of the Reporting Period is included as part of the report to shareholders filed under Item 1 of this Form N-CSR. |
| (b) | Not Applicable. |
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 8. Portfolio Managers of Closed-End Management Investment Companies.
Not Applicable.
ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANIES AND AFFILIATED PURCHASERS.
Not Applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
There have been no material changes to the procedures by which the shareholders may recommend nominees to the Registrant’s board of directors, where those changes were implemented after the Registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.
ITEM 11. CONTROLS AND PROCEDURES.
| (a) | The Registrant’s principal executive officer and principal financial officer, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR 270.30a-3(c))) as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
| (b) | There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 13. EXHIBITS.
(a)(1) Not Applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BondBloxx ETF Trust | ||
| By: | /s/ Joanna Gallegos | |
| Joanna Gallegos | ||
| Principal Executive Officer | ||
| BondBloxx ETF Trust | ||
| Date: | June 29, 2023 | |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
| By: | /s/ Joanna Gallegos | |
| Joanna Gallegos | ||
| Principal Executive Officer | ||
| BondBloxx ETF Trust | ||
| Date: | June 29, 2023 |
| BondBloxx ETF Trust | ||
| By: | /s/ Tony Kelly | |
| Tony Kelly | ||
| Chief Financial Officer, Chief Accounting Officer, | ||
| Vice President and Treasurer | ||
| BondBloxx ETF Trust | ||
| Date: | June 29, 2023 | |