BondBloxx ETF Trust NCSR Certified annual shareholder report (management investment company)

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:

October 31, 2023

ITEM 1. REPORTS TO STOCKHOLDERS.

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).

BondBloxx^SMETF Trust

Annual Report

October 31, 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 USD High Yield Bond Sector Rotation ETF| HYSA |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

Shareholder Letter (Unaudited)		1
Fund Performance Overview (Unaudited)		2
High Yield Sectors		2
High Yield Ratings		12
Emerging Markets		16
US Treasury		18
Fund Expense Examples (Unaudited)		27
Portfolio of Investments		30
Statements of Assets and Liabilities		146
Statements of Operations		150
Statements of Changes in Net Assets		155
Financial Highlights		165
Notes to the Financial Statements		176
Report of Independent Registered Public Accounting Firm		199
Liquidity Risk Management Program (Unaudited)		201
Supplemental Information (Unaudited)		202
Board Approval of Investment Advisory Agreement (Unaudited)		203
Board of Trustees and Executive Officers (Unaudited)		206

BONDBLOXX ETF TRUST

Shareholder Letter (Unaudited)

Dear Shareholder,

The U.S. economy demonstrated remarkable resilience throughout 2023. Despite consensus expectations for a second-half recession driven by inflation and higher borrowing costs, economic indicators consistently outperformed projections. A notable example of this was that the U.S. economy grew almost 5% in the third quarter of 2023, the fastest expansion in nearly two years. A significant contributor to the economy’s ongoing resilience has been the enduring strength of the U.S. jobs market, which fueled continued household spending and caused businesses to restock to meet strong demand.

Inflation levels eased through most of 2023, allowing the Federal Reserve to halt further rate increases at its July, September, meetings as the U.S. economy continued to absorb prior adjustments. However, recent inflation data is still above the Fed’s 2% target, hovering in the low-to-mid 3% range for headline CPI. If in Q1 inflation remains persistent, the Fed could hold rates at these levels longer and have less reason to start cutting rates in the coming months.

Total return performance returned to positive in 2023 for most segments of the fixed income market, a welcome change from last year’s outlier year of [broad US fixed income market U.S. financial market losses. The U.S. high yield market experienced the best performance among broad fixed income asset classes for the second year in a row, outperforming U.S. Aggregate, U.S. Treasuries, investment grade corporates, and emerging markets sovereign debt. High yield performance was led by CCC-rated debt and the Consumer Cyclical industry sector.

Looking ahead, based on continued economic resilience and the Fed likely near the end of its rate hiking cycle, we believe now is the time for investors to increase their allocation to income, as we expect attractive forward returns in the coming year.

Within fixed income, we see opportunities for investors to look beyond broad-based benchmark ETFs to establish more precise exposures as away to seek outperformance.

At BondBloxx, we are committed to helping investors seize opportunities across fixed income markets. Our unique and innovative product suites span target duration U.S. Treasuries, credit rating and sector-specific high yield bonds, and short duration emerging markets.

Specific strategies we continue to view as compelling include:

■

High yield corporates – to seek attractive income as well as total return outperformance potential from tactical credit quality and industry sector selection

■

BBB corporates – to take advantage of this rating category’s strong fundamentals as well as yield levels not seen in 15 years

■

Short-term U.S. Treasuries – to potentially generate higher income, manage cash positions, and maintain liquidity

■

Intermediate-term U.S. Treasuries – to capture attractive total return potential considering the possible end to the Fed rate hike cycle, a slowing U.S. economy, and a normalization of the yield curve

■

Shorter-duration emerging markets sovereign debt – to reduce both interest rate and spread duration risk while benefiting from attractive yields and total return potential.

We are thankful for your investment and the trust you have placed in BondBloxx. We wish you a happy and prosperous New Year.

Joanna Gallegos

President, BondBloxx ETF Trust

There are risks associated with investing, including possible loss of principal. Fixed income investments are subject to interest rate risk; their value will normally decline as interest rates rise. Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner.

BONDBLOXX ETF TRUST

Fund Performance Overview (Unaudited)

High Yield Sectors

The U.S. economy showed remarkable resilience over the 12-month period ending October 31, 2023 in the face of higher interest rates, persistent inflation and numerous external shocks. Economic growth was fueled by steady consumer spending, as the enduring strength of the labor market shored up household confidence. Gross Domestic Product grew at an annualized pace of 5.2% in the third quarter of 2023 - the fastest expansion in close to two years. The U.S. unemployment rate held near historic lows throughout the period. Meanwhile, signs of weakness were evident in areas such as housing, industrial production, and manufacturing.

Inflation pressures in the U.S. eased substantially from the 40-year peak reached in mid-2022, as annual consumer price growth hovered between 3.0% and 4.0% by mid-2023, down from 9.1% at its peak. This favorable trend in consumer price growth during the period enabled the Federal Reserve to slow its interest rate tightening campaign, having kept its policy rate unchanged at three of the last four meetings. This follows an aggressive 525 basis points in total rate increases over the previous 18 months.

After a year of double-digit declines across most asset classes, most fixed income sectors generated positive returns during the 12-month period ending in October 2023, led by higher-income generating sectors such as U.S. high yield and emerging markets. The overall equity market rose over 10%, driven by the technology sector and potential impacts of artificial intelligence, while other equity sectors and small-cap stocks lagged.

U.S High yield bonds generated positive returns for the 12-month period ending October 31, 2023, as a strong U.S. economy kept corporate cash flows relatively healthy, investor expectations of a recession receded, and the Federal Reserve approached the end of its interest rate hiking program. Owing to rising yields beginning in late 2021, a higher level of income helped insulate the asset class from price shocks. As measured by the BofA ICE Cash Pay High Yield Constrained Index, a broad benchmark of the asset class, U.S. high yield returned +5.79% for the 12-month period ending October 31, 2023.

While all sectors of U.S. high yield reported positive returns during the period, a high level of variance was recorded among the different industry sectors, driven by macroeconomic trends and idiosyncratic events. Robust consumer spending led to outperformance in the consumer cyclicals sectors (+8.71%), while strong balance sheets and ratings upgrades drove outperformance in the energy sector (+7.37%). Conversely, the telecommunications and media sector lagged (+1.28%) due to competitive cost pressures and several issuer-specific balance sheet problems.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF Growth

Fund Performance Overview (Unaudited) (Continued)

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 October 31, 2023.

BondBloxx USD High Yield Bond Industrial Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Industrial Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	5.77%	(0.84)%
Market Value	6.12%	(0.70)%
ICE Diversified US Cash Pay High Yield
Core Industrial Index	7.00%	(0.26)%

⁽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 NewYork 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 value 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.

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 October 31, 2023.

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Telecom, Media & Technology Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	0.89%	(4.86)%
Market Value	1.39%	(4.64)%
ICE Diversified US Cash Pay High Yield
Telecom, Media & Technology Index	1.35%	(4.52)%

⁽¹⁾

The ICE Diversified US Cash Pay HighYieldTelecom, 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.

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.

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 October 31, 2023.

BondBloxx USD High Yield Bond Healthcare Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Healthcare Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	5.36%	(6.38)%
Market Value	6.03%	(6.23)%
ICE Diversified US Cash Pay High Yield
Healthcare Index	5.80%	(5.81)%

⁽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.

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.

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 October 31, 2023.

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Financial & REIT Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	5.91%	(1.91)%
Market Value	6.17%	(1.83)%
ICE Diversified US Cash Pay High Yield
Financial & REIT Index	6.53%	(1.38)%

⁽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.

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.

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 October 31, 2023.

BondBloxx USD High Yield Bond Energy Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Energy Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	6.73%	2.15%
Market Value	7.43%	2.33%
ICE Diversified US Cash Pay High Yield
Energy Index	7.48%	2.88%

⁽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.

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.

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 October 31, 2023.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Consumer Cyclicals Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	7.98%	(1.64)%
Market Value	8.77%	(1.59)%
ICE Diversified US Cash Pay High Yield
Consumer Cyclical Index	8.81%	(1.12)%

⁽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.

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 value 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.

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.

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 October 31, 2023.

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond		Since
Consumer Non-Cyclicals Sector ETF	1 year	Inception⁽²⁾
Net Asset Value	5.40%	(1.36)%
Market Value	5.92%	(1.23)%
ICE Diversified US Cash Pay High Yield
Consumer Non-Cyclical Index	5.96%	(0.97)%

⁽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.

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.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Sector Rotation ETF Growth

Fund Performance Overview (Unaudited) (Continued)

The following graph depicts the hypothetical $10,000 investment in the BondBloxx USD High Yield Bond Sector Rotation ETF (HYSA) at net asset value and market price as compared to a blended index Markit iBoxx USD Liquid Leveraged Loan Index and ICE BofA US Cash Pay High Yield Constrained Index⁽¹⁾for the ten year period ended October 31, 2023.

BondBloxx USD High Yield Bond Sector Rotation ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx USD High Yield Bond					Since
Sector Rotation ETF	1 year	3 years	5 years	10 years	Inception⁽²⁾
Net Asset Value	4.14%	1.48%	(0.31)%	1.09%	1.44%
Market Value	4.19%	1.36%	(0.38)%	1.04%	1.41%
Markit iBoxx USD Liquid Leveraged Loan Index / ICE BofA US Cash Pay High Yield
Constrained Index	4.14%	1.48%	(0.31)%	1.09%	1.44%

The Fund acquired the assets and liabilities of the Highland/iBoxx Senior Loan ETF (the “Predecessor ETF”), a series of the NexPoint Funds I, at the close of business on September 15, 2023. As a result of the reorganization, the Fund is the accounting successor of the Predecessor ETF. Performance results shown in the graph and the performance table above for the periods prior to September 16, 2023, reflect the performance of the Predecessor ETF.

⁽¹⁾

The Markit iBoxx USD Liquid Leveraged Loan Index, is comprised of about 100 of the most liquid, tradable leveraged loans, as identified by Markit’s Loans Liquidity service. Markit iBoxx USD Liquid Leveraged Loan Index is the Predecessor ETF’s index benchmark for the period from commencement of operations, November 6, 2012, through the acquisition on September 15, 2023.

The ICE BofA US Cash Pay High Yield Constrained Index is a rules-based index consisting of U.S. dollar-denominated below investment grade corporate debt, currently in a coupon paying period, that is publicly issued in the U.S. domestic market. ICE BofA US Cash Pay High Yield Constrained Index began on September 16, 2023. This Fund is actively managed and does not seek to track the performance of the ICE BofA US Cash Pay High Yield Constrained Index.

⁽²⁾

The Fund commenced operations on November 6, 2012. The Fund was acquired as from the Predecessor ETF of the close of business on September 15, 2023. Shares of HYSA were listed on the NYSE Arca, Inc. on September 18, 2023. Prior to September 16, 2023, the Predecessor Fund was advised by a different investment adviser, had a different investment objective and policies and was a passively-managed fund that sought to track the performance of the Markit iBoxx USD Liquid Leveraged Loan Index.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Sector Rotation ETF Growth

Fund Performance Overview (Unaudited) (Continued)

As stated in the current prospectus, the expense ratio is 0.55%. Please refer to the Financial Highlights herein for the most recent expense ratio information.

BONDBLOXX ETF TRUST

Fund Performance Overview (Unaudited) (Continued)

High Yield Ratings

U.S high yield bonds generated positive returns for the 12-month period ending October 31, 2023, as a strong U.S. economy kept corporate cash flows relatively healthy, investor expectations of a recession receded, and the Federal Reserve approached the end of its interest rate hiking program. Owing to rising yields beginning in late 2021, a higher level of income helped insulate the asset class from price shocks. As measured by the BofA ICE Cash Pay High Yield Constrained Index, a broad benchmark of the asset class, U.S. high yield returned +5.79% for the 12-month period ending October 31, 2023.

Lower-rated high yield bonds outperformed for the 12-month period, as fears of recession in the U.S. abated and higher yields provided a comfortable cushion against interest rate fears and security price volatility. The ICE CCC US Cash Pay High Yield Constrained Index returned +8.30% for the period from November 1, 2022 to October 31, 2023. While generating positive returns, securities bonds with higher credit ratings were negatively impacted by interest rates, with BB and single-B rated high yield bonds returning +4.68% and +6.23%, respectively, as measured by ICE Index Services.

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 October 31, 2023.

BondBloxx B Rated USD High Yield Corporate Bond ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx B Rated USD High Yield		Since
Corporate Bond ETF	1 year	Inception⁽²⁾
Net Asset Value	5.35%	2.64%
Market Value	5.77%	0.22%
ICE BofA Single-B US Cash Pay High Yield
Constrained Index	6.35%	3.37%

⁽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.

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.

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 October 31, 2023.

BondBloxx BB Rated USD High Yield Corporate Bond ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx BB Rated USD High Yield		Since
Corporate Bond ETF	1 year	Inception⁽²⁾
Net Asset Value	4.33%	1.50%
Market Value	4.78%	(0.74)%
ICE BofA BB US Cash Pay High Yield
Constrained Index	4.79%	1.76%

⁽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.

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.

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 October 31, 2023.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx CCC Rated USD High Yield		Since
Corporate Bond ETF	1 year	Inception⁽²⁾
Net Asset Value	7.66%	3.37%
Market Value	7.91%	1.28%
ICE CCC US Cash Pay High Yield
Constrained Index	8.57%	4.12%

⁽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.

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.

BONDBLOXX ETF TRUST

Fund Performance Overview (Unaudited) (Continued)

Emerging Markets

Emerging markets debt generated strong positive returns during the 12-month period ending October 31, 2023, with the JP Morgan EMBI Global Diversified 1-10 Liquid Index returning +8.96% for the period. Returns in emerging markets debt were driven by resiliency across commodity markets, especially oil, and positive progress on debt restructuring talks from several distressed issuers. Additionally, returns were bolstered by a declining dollar, as the Federal Reserve nears the end of its interest rate hikes, lower forecasts of a recession in the U.S., and attractive yields in the asset class, cushioning investors from price volatility.

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 October 31, 2023.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx JP Morgan USD Emerging Markets		Since
1-10 Year Bond ETF	1 year	Inception⁽²⁾
Net Asset Value	8.50%	3.26%
Market Value	9.17%	3.32%
J.P. Morgan EMBI Global Diversified Liquid
1-10 Year Maturity Index	8.96%	3.69%

⁽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.

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.

BONDBLOXX ETF TRUST

Fund Performance Overview (Unaudited) (Continued)

U.S. Treasury

Yields on U.S. Treasuries rose during the period from October 31, 2022 to October 21, 2023 as the Federal Reserve raised interest rates in an effort to contain inflation. During the 12-month period, the Fed raised its target policy rate from 3.25% to 5.50%, completing a cumulative +5.25% in rate increases that began in early 2022. While annual inflation came down significantly from a peak of 9.1% in mid-2022 to 3.0% in mid-2023, annual price growth remained above the Fed’s oft-stated 2.0% target, which drove fears of entrenched inflation as well as additional Fed actions.

During the 12-month period, the yield on the benchmark 2-year Treasury rose by +0.60%, from 4.49% to 5.09%. The yield on the benchmark 10-year note rose by +0.88%, from 4.05% to 4.93%.

Shorter-dated Treasury securities earned positive returns during the period, as the income generated by interest payments more than compensated investors for downward security price movement. Meanwhile, returns were negative in longer maturities. For example, the Bloomberg US Treasury One Year Duration Index generated a return of +4.05% while the Bloomberg US Treasury Ten Year Duration Index returned -4.20% over the period.

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 October 31, 2023.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Six Month		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	4.55%	4.17%
Market Value	4.50%	4.19%
Bloomberg US Treasury 6 Month
Duration Index	4.60%	4.20%

⁽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.

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.

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 October 31, 2023.

BondBloxx Bloomberg OneYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg One Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	4.01%	3.35%
Market Value	4.02%	3.44%
Bloomberg US Treasury 1 Year
Duration Index	4.05%	3.42%

⁽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.

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.

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 October 31, 2023.

BondBloxx Bloomberg TwoYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Two Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	2.76%	1.62%
Market Value	2.82%	1.83%
Bloomberg US Treasury 2 Year
Duration Index	2.81%	1.69%

⁽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.

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.

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 October 31, 2023.

BondBloxx Bloomberg ThreeYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Three Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	2.18%	0.62%
Market Value	2.24%	0.86%
Bloomberg US Treasury 3 Year
Duration Index	2.21%	0.64%

⁽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.

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.

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 5Year Duration Index⁽¹⁾from the Fund’s inception date (September 13, 2022⁽²⁾) to October 31, 2023.

BondBloxx Bloomberg FiveYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Five Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	0.46%	(2.04)%
Market Value	0.59%	(1.71)%
Bloomberg US Treasury 5 Year
Duration Index	0.49%	(2.01)%

⁽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.

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.

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 October 31, 2023.

BondBloxx Bloomberg SevenYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Seven Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	(2.04)%	(5.22)%
Market Value	(1.79)%	(4.88)%
Bloomberg US Treasury 7 Year
Duration Index	(1.99)%	(5.14)%

⁽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.

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.

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 October 31, 2023.

BondBloxx Bloomberg TenYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Ten Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	(4.23)%	(9.02)%
Market Value	(3.98)%	(8.72)%
Bloomberg US Treasury 10 Year
Duration Index	(4.20)%	(8.99)%

⁽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 USTreasury 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.

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.

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 October 31, 2023.

BondBloxx Bloomberg TwentyYear Target Duration US Treasury ETF

Growth of a Hypothetical $10,000 Investment

Average Annual Total Returns as of October 31, 2023
BondBloxx Bloomberg Twenty Year		Since
Target Duration US Treasury ETF	1 year	Inception⁽²⁾
Net Asset Value	(12.73)%	(21.06)%
Market Value	(12.45)%	(21.20)%
Bloomberg US Treasury 20 Year
Duration Index	(12.60)%	(20.84)%

⁽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 USTreasury 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.

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.

BONDBLOXX ETF TRUST

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 (May 1, 2023) or on date of Fund’s commencement of investment operations and held for the entire period until October 31, 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.

	Beginning Account Value		Ending Account Value		Annualized Expense Ratios for the Period	Expenses Paid During the Period⁽¹⁾
Fund	5/1/2023		10/31/2023		10/31/2023	10/31/2023
BondBloxx USD High Yield Bond
Industrial Sector ETF
Actual Expenses	$	1,000.00	$	987.65	0.35%	$	1.75
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

BondBloxx USD High Yield Bond
Telecom, Media & Technology Sector ETF
Actual Expenses	$	1,000.00	$	1,000.54	0.35%	$	1.76
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

BondBloxx USD High Yield Bond
Healthcare Sector ETF
Actual Expenses	$	1,000.00	$	964.00	0.35%	$	1.73
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

BONDBLOXX ETF TRUST

Fund Expense Examples (Unaudited) (Continued)

��	Beginning Account Value		Ending Account Value		Annualized Expense Ratios for the Period	Expenses Paid During the Period⁽¹⁾
Fund	5/1/2023		10/31/2023		10/31/2023	10/31/2023
BondBloxx USD High Yield Bond
Financial & REIT Sector ETF
Actual Expenses	$	1,000.00	$	1,004.65	0.35%	$	1.77
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

BondBloxx USD High Yield Bond
Energy Sector ETF
Actual Expenses	$	1,000.00	$	1,012.88	0.35%	$	1.78
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

BondBloxx USD High Yield Bond
Consumer Cyclicals Sector ETF
Actual Expenses	$	1,000.00	$	1,013.54	0.35%	$	1.78
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

BondBloxx USD High Yield Bond
Consumer Non-Cyclicals Sector ETF
Actual Expenses	$	1,000.00	$	985.89	0.35%	$	1.75
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.44	0.35%	$	1.79

Fund	Beginning Account Value 7/1/2023⁽²⁾		Ending Account Value 10/31/2023		Annualized Expense Ratios for the Period 10/31/2023	Expenses Paid During the Period⁽³⁾ 10/31/2023
BondBloxx USD High Yield Bond
Sector Rotation ETF⁽⁴⁾
Actual Expenses	$	1,000.00	$	988.64	0.41%	$	1.37
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.14	0.41%	$	2.09

Fund	Beginning Account Value 5/1/2023		Ending Account Value 10/31/2023		Annualized Expense Ratios for the Period 10/31/2023	Expenses Paid During the Period⁽¹⁾ 10/31/2023
BondBloxx B Rated USD High Yield
Corporate Bond ETF
Actual Expenses	$	1,000.00	$	1,002.02	0.30%	$	1.51
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.69	0.30%	$	1.53

BondBloxx BB Rated USD High Yield
Corporate Bond ETF
Actual Expenses	$	1,000.00	$	988.51	0.20%	$	1.00
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.20	0.20%	$	1.02

BondBloxx CCC Rated USD High Yield
Corporate Bond ETF
Actual Expenses	$	1,000.00	$	1,010.65	0.40%	$	2.03
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.19	0.40%	$	2.04

BondBloxx JP Morgan USD Emerging Markets
1-10 Year Bond ETF
Actual Expenses	$	1,000.00	$	1,010.39	0.29%	$	1.47
Hypothetical (5% return before expenses)	$	1,000.00	$	1,023.74	0.29%	$	1.48

BondBloxx Bloomberg Six Month
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	1,023.47	0.03%	$	0.15
Hypothetical (5% return before expenses)	$	1,000.00	$	1,025.05	0.03%	$	0.15

BONDBLOXX ETF TRUST

Fund Expense Examples (Unaudited) (Continued)

Fund	Beginning Account Value 5/1/2023		Ending Account Value 10/31/2023		Annualized Expense Ratios for the Period 10/31/2023	Expenses Paid During the Period⁽¹⁾ 10/31/2023
BondBloxx Bloomberg One Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	1,017.91	0.03%	$	0.15
Hypothetical (5% return before expenses)	$	1,000.00	$	1,025.05	0.03%	$	0.15

BondBloxx Bloomberg Two Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	999.41	0.05%	$	0.25
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.95	0.05%	$	0.26

BondBloxx Bloomberg Three Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	983.56	0.05%	$	0.25
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.95	0.05%	$	0.26

BondBloxx Bloomberg Five Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	951.52	0.05%	$	0.25
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.95	0.05%	$	0.26

BondBloxx Bloomberg Seven Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	918.83	0.05%	$	0.24
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.95	0.05%	$	0.26

BondBloxx Bloomberg Ten Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	878.83	0.075%	$	0.36
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.83	0.075%	$	0.38

BondBloxx Bloomberg Twenty Year
Target Duration US Treasury ETF
Actual Expenses	$	1,000.00	$	766.67	0.125%	$	0.56
Hypothetical (5% return before expenses)	$	1,000.00	$	1,024.58	0.125%	$	0.64

⁽¹⁾

Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by the 184 days in the period, then divided by 365.

⁽²⁾

Fiscal year end changed from June 30, 2023 to October 31, 2023.

⁽³⁾

Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by the 54 days in the period, then divided by 365.

⁽⁴⁾

The Fund acquired the assets and liabilities of the Predecessor ETF, a series of the NexPoint Funds I, at the close of business on September 15, 2023. As a result of the reorganization, the Fund is the accounting successor of the Predecessor ETF. Financial information above for the periods prior to September 16, 2023, reflect the performance of the Predecessor ETF. Prior to September 16, 2023, the Predecessor Fund had a different investment adviser, had a different investment objective and policies, and was a passively-managed fund that sought to track the performance of the Markit iBoxx USD Liquid Leveraged Loan Index.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CORPORATE BONDS – 97.8%
ADVERTISING – 0.1%
Summer BC Bidco B LLC⁽¹⁾	5.50	10/31/26	$	63,000	$	54,917

AEROSPACE/DEFENSE – 9.1%
Bombardier, Inc.⁽¹⁾	6.00	02/15/28		115,000		101,876
Bombardier, Inc.⁽¹⁾	7.13	06/15/26		182,000		175,340
Bombardier, Inc.⁽¹⁾	7.45	05/01/34		79,000		88,677
Bombardier, Inc.⁽¹⁾	7.50	03/15/25		54,000		53,997
Bombardier, Inc.⁽¹⁾	7.50	02/01/29		115,000		106,640
Bombardier, Inc.⁽¹⁾	7.88	04/15/27		285,000		274,554
Moog, Inc.⁽¹⁾	4.25	12/15/27		74,000		65,964
Rolls-Royce PLC⁽¹⁾	3.63	10/14/25		147,000		137,931
Rolls-Royce PLC⁽¹⁾	5.75	10/15/27		157,000		148,963
Spirit AeroSystems, Inc.	3.85	06/15/26		50,000		46,248
Spirit AeroSystems, Inc.	4.60	06/15/28		120,000		95,052
Spirit AeroSystems, Inc.⁽¹⁾	7.50	04/15/25		180,000		179,758
Spirit AeroSystems, Inc.⁽¹⁾	9.38	11/30/29		126,000		129,551
TransDigm, Inc.	4.63	01/15/29		179,000		154,543
TransDigm, Inc.	4.88	05/01/29		115,000		99,778
TransDigm, Inc.	5.50	11/15/27		402,000		374,650
TransDigm, Inc.⁽¹⁾	6.25	03/15/26		660,000		645,417
TransDigm, Inc.⁽¹⁾	6.75	08/15/28		320,000		311,115
TransDigm, Inc.⁽¹⁾	6.88	12/15/30		220,000		212,637
TransDigm, Inc.	7.50	03/15/27		85,000		84,983
Triumph Group, Inc.	7.75	08/15/25		68,000		64,668
Triumph Group, Inc.⁽¹⁾	9.00	03/15/28		180,000		175,048
						3,727,390
AIRLINES – 7.1%
Air Canada⁽¹⁾	3.88	08/15/26		183,000		166,685
Allegiant Travel Co.⁽¹⁾	7.25	08/15/27		85,000		77,012
American Airlines Group, Inc.⁽¹⁾	3.75	03/01/25		82,000		76,583
American Airlines, Inc.⁽¹⁾	7.25	02/15/28		110,000		102,413
American Airlines, Inc.⁽¹⁾	11.75	07/15/25		297,000		315,045
American Airlines, Inc./AAdvantage Loyalty IP Ltd.⁽¹⁾	5.50	04/20/26		435,833		424,255
American Airlines, Inc./AAdvantage Loyalty IP Ltd.⁽¹⁾	5.75	04/20/29		455,000		410,879
Delta Air Lines, Inc.	3.75	10/28/29		74,000		62,993
Delta Air Lines, Inc.	4.38	04/19/28		64,000		58,853
Delta Air Lines, Inc.	7.38	01/15/26		120,000		121,318
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.⁽¹⁾	5.75	01/20/26		183,000		135,429
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.⁽¹⁾	8.00	09/20/25		78,000		57,633
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.⁽¹⁾	8.00	09/20/25		90,000		66,499
United Airlines Holdings, Inc.	4.88	01/15/25		48,000		46,568
United Airlines, Inc.⁽¹⁾	4.38	04/15/26		303,000		281,369
United Airlines, Inc.⁽¹⁾	4.63	04/15/29		309,000		261,291
VistaJet Malta Finance PLC/Vista Management Holding, Inc.⁽¹⁾	6.38	02/01/30		145,000		96,855
VistaJet Malta Finance PLC/Vista Management Holding, Inc.⁽¹⁾	7.88	05/01/27		80,000		61,613
VistaJet Malta Finance PLC/Vista Management Holding, Inc.⁽¹⁾	9.50	06/01/28		75,000		57,544
						2,880,837

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
AUTO MANUFACTURERS – 0.5%
JB Poindexter & Co., Inc.⁽¹⁾	7.13	04/15/26	$	85,000	$	81,126
PM General Purchaser LLC⁽¹⁾	9.50	10/01/28		89,000		83,747
Wabash National Corp.⁽¹⁾	4.50	10/15/28		60,000		49,725
						214,598
AUTO PARTS & EQUIPMENT – 0.3%
Dornoch Debt Merger Sub, Inc.⁽¹⁾	6.63	10/15/29		99,000		77,990
Titan International, Inc.	7.00	04/30/28		60,000		54,883
						132,873
BUILDING MATERIALS – 6.6%
AmeriTex Hold Co. Intermediate LLC⁽¹⁾	10.25	10/15/28		80,000		75,740
Boise Cascade Co.⁽¹⁾	4.88	07/01/30		60,000		51,682
Builders FirstSource, Inc.⁽¹⁾	4.25	02/01/32		198,000		157,816
Builders FirstSource, Inc.⁽¹⁾	5.00	03/01/30		82,000		71,651
Builders FirstSource, Inc.⁽¹⁾	6.38	06/15/32		106,000		97,156
Camelot Return Merger Sub, Inc.⁽¹⁾	8.75	08/01/28		105,000		98,148
Cornerstone Building Brands, Inc.⁽¹⁾	6.13	01/15/29		52,000		38,066
CP Atlas Buyer, Inc.⁽¹⁾	7.00	12/01/28		78,000		59,531
Eco Material Technologies, Inc.⁽¹⁾	7.88	01/31/27		79,000		74,889
Emerald Debt Merger Sub LLC⁽¹⁾	6.63	12/15/30		345,000		328,613
Griffon Corp.	5.75	03/01/28		146,000		131,991
James Hardie International Finance DAC⁽¹⁾	5.00	01/15/28		60,000		55,446
JELD-WEN, Inc.⁽¹⁾	4.88	12/15/27		60,000		50,920
Knife River Corp.⁽¹⁾	7.75	05/01/31		65,000		64,857
Louisiana-Pacific Corp.⁽¹⁾	3.63	03/15/29		52,000		42,898
Masonite International Corp.⁽¹⁾	3.50	02/15/30		50,000		39,650
Masonite International Corp.⁽¹⁾	5.38	02/01/28		80,000		73,764
MIWD Holdco II LLC/MIWD Finance Corp.⁽¹⁾	5.50	02/01/30		78,000		61,987
New Enterprise Stone & Lime Co., Inc.⁽¹⁾	5.25	07/15/28		87,000		76,877
Oscar Acquisition Co. LLC/Oscar Finance, Inc.⁽¹⁾	9.50	04/15/30		90,000		79,490
PGT Innovations, Inc.⁽¹⁾	4.38	10/01/29		89,000		83,171
Smyrna Ready Mix Concrete LLC⁽¹⁾	6.00	11/01/28		167,000		154,563
Standard Industries, Inc./NJ⁽¹⁾	3.38	01/15/31		162,000		122,780
Standard Industries, Inc./NJ⁽¹⁾	4.38	07/15/30		245,000		200,406
Standard Industries, Inc./NJ⁽¹⁾	4.75	01/15/28		153,000		137,097
Standard Industries, Inc./NJ⁽¹⁾	5.00	02/15/27		130,000		120,307
Summit Materials LLC/Summit Materials Finance Corp.⁽¹⁾	5.25	01/15/29		102,000		92,461
Summit Materials LLC/Summit Materials Finance Corp.⁽¹⁾	6.50	03/15/27		50,000		48,733
						2,690,690
CHEMICALS – 9.9%
Ashland, Inc.⁽¹⁾	3.38	09/01/31		67,000		51,449
Ashland, Inc.	6.88	05/15/43		45,000		42,488
ASP Unifrax Holdings, Inc.⁽¹⁾	5.25	09/30/28		120,000		81,193
ASP Unifrax Holdings, Inc.⁽¹⁾	7.50	09/30/29		63,000		33,773
Avient Corp.⁽¹⁾	5.75	05/15/25		100,000		98,087
Avient Corp.⁽¹⁾	7.13	08/01/30		110,000		105,948
Axalta Coating Systems LLC⁽¹⁾	3.38	02/15/29		107,000		88,042
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV⁽¹⁾	4.75	06/15/27		75,000		69,138
Chemours Co.⁽¹⁾	4.63	11/15/29		95,000		73,474

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CHEMICALS – 9.9% (Continued)
Chemours Co.	5.38	05/15/27	$	73,000	$	66,021
Chemours Co.⁽¹⁾	5.75	11/15/28		120,000		101,599
CVR Partners LP/CVR Nitrogen Finance Corp.⁽¹⁾	6.13	06/15/28		85,000		75,092
Element Solutions, Inc.⁽¹⁾	3.88	09/01/28		120,000		102,240
GPD Cos, Inc.⁽¹⁾	10.13	04/01/26		75,000		67,632
HB Fuller Co.	4.00	02/15/27		40,000		36,154
HB Fuller Co.	4.25	10/15/28		50,000		43,377
Herens Holdco Sarl⁽¹⁾	4.75	05/15/28		55,000		42,654
Illuminate Buyer LLC/Illuminate Holdings IV, Inc.⁽¹⁾	9.00	07/01/28		68,000		63,604
INEOS Finance PLC⁽¹⁾	6.75	05/15/28		65,000		60,771
INEOS Quattro Finance 2 PLC⁽¹⁾	3.38	01/15/26		75,000		71,705
Ingevity Corp.⁽¹⁾	3.88	11/01/28		85,000		69,085
Innophos Holdings, Inc.⁽¹⁾	9.38	02/15/28		45,000		42,490
Iris Holding, Inc.⁽¹⁾	10.00	12/15/28		60,000		43,843
LSF11 A5 Hold Co. LLC⁽¹⁾	6.63	10/15/29		52,000		42,233
Mativ Holdings, Inc.⁽¹⁾	6.88	10/01/26		55,000		49,558
Minerals Technologies, Inc.⁽¹⁾	5.00	07/01/28		60,000		52,526
NOVA Chemicals Corp.⁽¹⁾	4.25	05/15/29		86,000		63,687
NOVA Chemicals Corp.⁽¹⁾	5.00	05/01/25		75,000		70,908
NOVA Chemicals Corp.⁽¹⁾	5.25	06/01/27		163,000		137,942
Nufarm Australia Ltd./Nufarm Americas, Inc.⁽¹⁾	5.00	01/27/30		55,000		47,774
Olin Corp.	5.00	02/01/30		80,000		69,186
Olin Corp.	5.13	09/15/27		75,000		68,841
Olin Corp.	5.63	08/01/29		102,000		92,840
Olympus Water US Holding Corp.⁽¹⁾	4.25	10/01/28		120,000		95,876
Olympus Water US Holding Corp.⁽¹⁾	6.25	10/01/29		60,000		45,055
Olympus Water US Holding Corp.⁽¹⁾	7.13	10/01/27		50,000		46,085
Olympus Water US Holding Corp.⁽¹⁾	9.75	11/15/28		260,000		254,267
Polar US Borrower LLC/Schenectady International Group, Inc.⁽¹⁾	6.75	05/15/26		47,000		20,958
Rain Carbon, Inc.⁽¹⁾	12.25	09/01/29		70,000		71,312
Rayonier AM Products, Inc.⁽¹⁾	7.63	01/15/26		70,000		59,572
SCIH Salt Holdings, Inc.⁽¹⁾	4.88	05/01/28		167,000		144,390
SCIH Salt Holdings, Inc.⁽¹⁾	6.63	05/01/29		105,000		88,123
SCIL IV LLC/SCIL USA Holdings LLC⁽¹⁾	5.38	11/01/26		115,000		102,122
SK Invictus Intermediate II Sarl⁽¹⁾	5.00	10/30/29		100,000		75,601
SNF Group SACA⁽¹⁾	3.13	03/15/27		60,000		53,236
SNF Group SACA⁽¹⁾	3.38	03/15/30		45,000		36,073
TPC Group, Inc.⁽¹⁾	13.00	12/16/27		55,000		55,075
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.⁽¹⁾	5.13	04/01/29		70,000		29,536
Tronox, Inc.⁽¹⁾	4.63	03/15/29		162,000		127,768
Valvoline, Inc.⁽¹⁾	3.63	06/15/31		82,000		62,438
Valvoline, Inc.⁽¹⁾	4.25	02/15/30		90,000		88,241
Vibrantz Technologies, Inc.⁽¹⁾	9.00	02/15/30		115,000		91,654
WR Grace Holdings LLC⁽¹⁾	4.88	06/15/27		116,000		104,355
WR Grace Holdings LLC⁽¹⁾	5.63	08/15/29		168,000		130,361
WR Grace Holdings LLC⁽¹⁾	7.38	03/01/31		55,000		51,034
						4,058,486

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
COAL – 0.4%
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.⁽¹⁾	7.50	05/01/25	$	44,000	$	43,718
Conuma Resources Ltd.⁽¹⁾	13.13	05/01/28		40,000		37,034
SunCoke Energy, Inc.⁽¹⁾	4.88	06/30/29		74,000		62,026
						142,778
COMMERCIAL SERVICES – 13.6%
ADT Security Corp.⁽¹⁾	4.13	08/01/29		151,000		129,683
ADT Security Corp.⁽¹⁾	4.88	07/15/32		110,000		92,139
Adtalem Global Education, Inc.⁽¹⁾	5.50	03/01/28		60,000		54,703
Albion Financing 1 Sarl/Aggreko Holdings, Inc.⁽¹⁾	6.13	10/15/26		83,000		76,871
Albion Financing 2 Sarl⁽¹⁾	8.75	04/15/27		70,000		64,294
Allied Universal Holdco LLC/Allied Universal Finance Corp.⁽¹⁾	6.00	06/01/29		145,000		104,926
Allied Universal Holdco LLC/Allied Universal Finance Corp.⁽¹⁾	6.63	07/15/26		295,000		276,511
Allied Universal Holdco LLC/Allied Universal Finance Corp.⁽¹⁾	9.75	07/15/27		155,000		134,814
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl⁽¹⁾	4.63	06/01/28		189,000		154,783
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl⁽¹⁾	4.63	06/01/28		115,000		93,822
Alta Equipment Group, Inc.⁽¹⁾	5.63	04/15/26		50,000		44,779
APi Group DE, Inc.⁽¹⁾	4.13	07/15/29		45,000		36,781
APi Group DE, Inc.⁽¹⁾	4.75	10/15/29		49,000		42,009
Aptim Corp.⁽¹⁾	7.75	06/15/25		75,000		68,837
APX Group, Inc.⁽¹⁾	5.75	07/15/29		120,000		99,895
APX Group, Inc.⁽¹⁾	6.75	02/15/27		90,000		86,995
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.⁽¹⁾	4.75	04/01/28		80,000		68,721
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.⁽¹⁾	5.38	03/01/29		92,000		78,892
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.⁽¹⁾	5.75	07/15/27		55,000		50,514
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.⁽¹⁾	5.75	07/15/27		55,000		50,613
Brink’s Co.⁽¹⁾	4.63	10/15/27		91,000		82,391
Brink’s Co.⁽¹⁾	5.50	07/15/25		60,000		58,448
CoreLogic, Inc.⁽¹⁾	4.50	05/01/28		115,000		91,259
Garda World Security Corp.⁽¹⁾	4.63	02/15/27		90,000		80,366
Garda World Security Corp.⁽¹⁾	6.00	06/01/29		75,000		57,249
Garda World Security Corp.⁽¹⁾	7.75	02/15/28		60,000		57,763
Garda World Security Corp.⁽¹⁾	9.50	11/01/27		88,000		80,049
Graham Holdings Co.⁽¹⁾	5.75	06/01/26		60,000		57,809
Grand Canyon University	5.13	10/01/28		60,000		53,238
Herc Holdings, Inc.⁽¹⁾	5.50	07/15/27		183,000		172,215
Hertz Corp.⁽¹⁾	4.63	12/01/26		75,000		62,893
Hertz Corp.⁽¹⁾	5.00	12/01/29		150,000		107,876
Korn Ferry⁽¹⁾	4.63	12/15/27		60,000		54,637
Matthews International Corp.⁽¹⁾	5.25	12/01/25		45,000		42,864
Neptune Bidco US, Inc.⁽¹⁾	9.29	04/15/29		398,000		351,629
NESCO Holdings II, Inc.⁽¹⁾	5.50	04/15/29		141,000		121,046
Port of Newcastle Investments Financing Pty Ltd.⁽¹⁾	5.90	11/24/31		45,000		37,663
Prime Security Services Borrower LLC/Prime Finance, Inc.⁽¹⁾	3.38	08/31/27		155,000		136,433
Prime Security Services Borrower LLC/Prime Finance, Inc.⁽¹⁾	5.75	04/15/26		203,000		197,131
Prime Security Services Borrower LLC/Prime Finance, Inc.⁽¹⁾	6.25	01/15/28		195,000		181,018
Signal Parent, Inc.⁽¹⁾	6.13	04/01/29		45,000		25,693
Sotheby’s⁽¹⁾	7.38	10/15/27		118,000		105,509
Sotheby’s/Bidfair Holdings, Inc.⁽¹⁾	5.88	06/01/29		45,000		35,929

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
COMMERCIAL SERVICES – 13.6% (Continued)
TriNet Group, Inc.⁽¹⁾	3.50	03/01/29	$	78,000	$	64,489
TriNet Group, Inc.⁽¹⁾	7.13	08/15/31		60,000		58,068
United Rentals North America, Inc.	3.75	01/15/32		109,000		86,815
United Rentals North America, Inc.	3.88	11/15/27		115,000		105,729
United Rentals North America, Inc.	3.88	02/15/31		172,000		141,776
United Rentals North America, Inc.	4.00	07/15/30		108,000		90,909
United Rentals North America, Inc.	4.88	01/15/28		250,000		232,192
United Rentals North America, Inc.	5.25	01/15/30		120,000		109,703
United Rentals North America, Inc.	5.50	05/15/27		76,000		73,505
VT Topco, Inc.⁽¹⁾	8.50	08/15/30		75,000		73,241
WASH Multifamily Acquisition, Inc.⁽¹⁾	5.75	04/15/26		130,000		120,368
Williams Scotsman, Inc.⁽¹⁾	4.63	08/15/28		75,000		66,710
Williams Scotsman, Inc.⁽¹⁾	6.13	06/15/25		80,000		78,689
Williams Scotsman, Inc.⁽¹⁾	7.38	10/01/31		75,000		73,818
WW International, Inc.⁽¹⁾	4.50	04/15/29		75,000		46,940
ZipRecruiter, Inc.⁽¹⁾	5.00	01/15/30		85,000		66,476
						5,551,118
COMPUTERS – 0.8%
ASGN, Inc.⁽¹⁾	4.63	05/15/28		84,000		74,479
Conduent Business Services LLC/Conduent State & Local Solutions, Inc.⁽¹⁾	6.00	11/01/29		79,000		65,216
Crane NXT Co.	4.20	03/15/48		55,000		33,330
KBR, Inc.⁽¹⁾	4.75	09/30/28		40,000		35,017
Science Applications International Corp.⁽¹⁾	4.88	04/01/28		60,000		53,603
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.⁽¹⁾	5.75	06/01/25		45,000		43,904
						305,549
DISTRIBUTION/WHOLESALE – 1.8%
American Builders & Contractors Supply Co., Inc.⁽¹⁾	3.88	11/15/29		60,000		50,037
American Builders & Contractors Supply Co., Inc.⁽¹⁾	4.00	01/15/28		108,000		97,061
BCPE Empire Holdings, Inc.⁽¹⁾	7.63	05/01/27		100,000		91,815
H&E Equipment Services, Inc.⁽¹⁾	3.88	12/15/28		188,000		159,448
Ritchie Bros Holdings, Inc.⁽¹⁾	6.75	03/15/28		85,000		83,404
Ritchie Bros Holdings, Inc.⁽¹⁾	7.75	03/15/31		120,000		120,450
Windsor Holdings III LLC⁽¹⁾	8.50	06/15/30		120,000		116,966
						719,181
ELECTRIC – 0.2%
Pike Corp.⁽¹⁾	5.50	09/01/28		110,000		94,176

ELECTRICAL COMPONENTS & EQUIPMENT – 1.1%
EnerSys⁽¹⁾	4.38	12/15/27		45,000		39,905
WESCO Distribution, Inc.⁽¹⁾	7.13	06/15/25		228,000		228,090
WESCO Distribution, Inc.⁽¹⁾	7.25	06/15/28		200,000		198,944
						466,939
ELECTRONICS – 0.8%
Atkore, Inc.⁽¹⁾	4.25	06/01/31		63,000		52,144
Imola Merger Corp.⁽¹⁾	4.75	05/15/29		305,000		266,161
						318,305

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
ENERGY-ALTERNATE SOURCES – 0.2%
Enviva Partners LP/Enviva Partners Finance Corp.⁽¹⁾	6.50	01/15/26	$	115,000	$	80,913

ENGINEERING & CONSTRUCTION – 2.8%
AECOM	5.13	03/15/27		152,000		143,678
Arcosa, Inc.⁽¹⁾	4.38	04/15/29		60,000		52,419
Artera Services LLC⁽¹⁾	9.03	12/04/25		147,000		132,538
Brand Industrial Services, Inc.⁽¹⁾	10.38	08/01/30		200,000		198,750
Brundage-Bone Concrete Pumping Holdings, Inc.⁽¹⁾	6.00	02/01/26		55,000		52,059
Dycom Industries, Inc.⁽¹⁾	4.50	04/15/29		75,000		64,806
Fluor Corp.	3.50	12/15/24		5,000		4,809
Fluor Corp.	4.25	09/15/28		125,000		113,475
Global Infrastructure Solutions, Inc.⁽¹⁾	5.63	06/01/29		60,000		48,097
Global Infrastructure Solutions, Inc.⁽¹⁾	7.50	04/15/32		44,000		36,039
Great Lakes Dredge & Dock Corp.⁽¹⁾	5.25	06/01/29		50,000		40,917
Railworks Holdings LP/Railworks Rally, Inc.⁽¹⁾	8.25	11/15/28		52,000		49,498
TopBuild Corp.⁽¹⁾	3.63	03/15/29		60,000		50,084
TopBuild Corp.⁽¹⁾	4.13	02/15/32		75,000		59,432
Tutor Perini Corp.⁽¹⁾	6.88	05/01/25		75,000		64,574
Weekley Homes LLC/Weekley Finance Corp.⁽¹⁾	4.88	09/15/28		60,000		51,598
						1,162,773
ENVIRONMENTAL CONTROL – 3.3%
Clean Harbors, Inc.⁽¹⁾	4.88	07/15/27		85,000		79,330
Clean Harbors, Inc.⁽¹⁾	5.13	07/15/29		40,000		36,022
Clean Harbors, Inc.⁽¹⁾	6.38	02/01/31		80,000		76,134
Covanta Holding Corp.⁽¹⁾	4.88	12/01/29		115,000		89,877
Covanta Holding Corp.	5.00	09/01/30		63,000		48,868
Enviri Corp.⁽¹⁾	5.75	07/31/27		70,000		59,238
GFL Environmental, Inc.⁽¹⁾	3.50	09/01/28		115,000		98,600
GFL Environmental, Inc.⁽¹⁾	3.75	08/01/25		116,000		109,843
GFL Environmental, Inc.⁽¹⁾	4.00	08/01/28		115,000		99,091
GFL Environmental, Inc.⁽¹⁾	4.25	06/01/25		75,000		72,178
GFL Environmental, Inc.⁽¹⁾	4.38	08/15/29		85,000		72,582
GFL Environmental, Inc.⁽¹⁾	4.75	06/15/29		108,000		94,652
GFL Environmental, Inc.⁽¹⁾	5.13	12/15/26		75,000		71,250
Madison IAQ LLC⁽¹⁾	4.13	06/30/28		110,000		91,997
Madison IAQ LLC⁽¹⁾	5.88	06/30/29		151,000		117,142
Stericycle, Inc.⁽¹⁾	3.88	01/15/29		75,000		63,808
Waste Pro USA, Inc.⁽¹⁾	5.50	02/15/26		75,000		69,017
						1,349,629
FOOD SERVICE – 0.9%
Aramark Services, Inc.⁽¹⁾	5.00	04/01/25		85,000		83,167
Aramark Services, Inc.⁽¹⁾	5.00	02/01/28		171,000		156,999
TKC Holdings, Inc.⁽¹⁾	6.88	05/15/28		65,000		56,284
TKC Holdings, Inc.⁽¹⁾	10.50	05/15/29		107,000		85,689
						382,139
FOREST PRODUCTS & PAPER – 0.8%
Ahlstrom Holding 3 Oy⁽¹⁾	4.88	02/04/28		50,000		41,087
Domtar Corp.⁽¹⁾	6.75	10/01/28		95,000		77,422

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
FOREST PRODUCTS & PAPER – 0.8% (Continued)
Glatfelter Corp.⁽¹⁾	4.75	11/15/29	$	78,000	$	51,334
Mercer International, Inc.	5.13	02/01/29		132,000		103,660
Mercer International, Inc.	5.50	01/15/26		45,000		41,895
						315,398
HAND/MACHINE TOOLS – 0.2%
Werner FinCo LP/Werner FinCo, Inc.⁽¹⁾	11.50	06/15/28		60,000		60,659

HOLDING COMPANIES-DIVERS – 0.1%
Stena International SA⁽¹⁾	6.13	02/01/25		50,000		49,052

HOME BUILDERS – 3.8%
Adams Homes, Inc.⁽¹⁾	9.25	10/15/28		40,000		38,730
Ashton Woods USA LLC/Ashton Woods Finance Co.⁽¹⁾	4.63	08/01/29		56,000		45,368
Ashton Woods USA LLC/Ashton Woods Finance Co.⁽¹⁾	4.63	04/01/30		65,000		50,393
Ashton Woods USA LLC/Ashton Woods Finance Co.⁽¹⁾	6.63	01/15/28		30,000		27,482
Beazer Homes USA, Inc.	5.88	10/15/27		55,000		49,140
Beazer Homes USA, Inc.	7.25	10/15/29		54,000		49,310
Brookfield Residential Properties, Inc./Brookfield Residential US LLC⁽¹⁾	4.88	02/15/30		75,000		57,106
Brookfield Residential Properties, Inc./Brookfield Residential US LLC⁽¹⁾	5.00	06/15/29		60,000		47,001
Brookfield Residential Properties, Inc./Brookfield Residential US LLC⁽¹⁾	6.25	09/15/27		85,000		74,033
Century Communities, Inc.⁽¹⁾	3.88	08/15/29		75,000		60,609
Century Communities, Inc.	6.75	06/01/27		75,000		72,483
Dream Finders Homes, Inc.⁽¹⁾	8.25	08/15/28		45,000		44,565
Empire Communities Corp.⁽¹⁾	7.00	12/15/25		70,000		65,127
Installed Building Products, Inc.⁽¹⁾	5.75	02/01/28		47,000		42,464
KB Home	4.00	06/15/31		63,000		49,271
KB Home	4.80	11/15/29		40,000		34,704
KB Home	6.88	06/15/27		49,000		48,679
KB Home	7.25	07/15/30		52,000		49,985
LGI Homes, Inc.⁽¹⁾	4.00	07/15/29		47,000		36,014
M/I Homes, Inc.	3.95	02/15/30		45,000		35,848
M/I Homes, Inc.	4.95	02/01/28		65,000		58,197
Mattamy Group Corp.⁽¹⁾	4.63	03/01/30		92,000		75,224
Mattamy Group Corp.⁽¹⁾	5.25	12/15/27		75,000		67,475
Shea Homes LP/Shea Homes Funding Corp.	4.75	02/15/28		70,000		61,611
Shea Homes LP/Shea Homes Funding Corp.	4.75	04/01/29		45,000		38,089
Taylor Morrison Communities, Inc.⁽¹⁾	5.13	08/01/30		78,000		65,644
Taylor Morrison Communities, Inc.⁽¹⁾	5.75	01/15/28		68,000		61,802
Taylor Morrison Communities, Inc.⁽¹⁾	5.88	06/15/27		75,000		70,394
Tri Pointe Homes, Inc.	5.25	06/01/27		45,000		40,778
Tri Pointe Homes, Inc.	5.70	06/15/28		55,000		49,036
						1,566,562
INTERNET – 1.9%
EquipmentShare.com, Inc.⁽¹⁾	9.00	05/15/28		160,000		150,600
Uber Technologies, Inc.⁽¹⁾	4.50	08/15/29		225,000		198,857
Uber Technologies, Inc.⁽¹⁾	6.25	01/15/28		75,000		72,307
Uber Technologies, Inc.⁽¹⁾	7.50	05/15/25		150,000		150,341
Uber Technologies, Inc.⁽¹⁾	7.50	09/15/27		187,000		187,662
						759,767

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
IRON/STEEL – 3.9%
ATI, Inc.	4.88	10/01/29	$	47,000	$	40,091
ATI, Inc.	5.13	10/01/31		50,000		41,326
ATI, Inc.	5.88	12/01/27		55,000		51,089
ATI, Inc.	7.25	08/15/30		65,000		62,650
Baffinland Iron Mines Corp./Baffinland Iron Mines LP⁽¹⁾	8.75	07/15/26		85,000		81,786
Big River Steel LLC/BRS Finance Corp.⁽¹⁾	6.63	01/31/29		110,000		108,778
Carpenter Technology Corp.	6.38	07/15/28		65,000		61,906
Carpenter Technology Corp.	7.63	03/15/30		40,000		39,542
Cleveland-Cliffs, Inc.⁽¹⁾	4.63	03/01/29		55,000		47,474
Cleveland-Cliffs, Inc.⁽¹⁾	4.88	03/01/31		50,000		41,322
Cleveland-Cliffs, Inc.	5.88	06/01/27		85,000		81,075
Cleveland-Cliffs, Inc.⁽¹⁾	6.75	03/15/26		123,000		122,431
Cleveland-Cliffs, Inc.⁽¹⁾	6.75	04/15/30		115,000		106,771
Commercial Metals Co.	3.88	02/15/31		45,000		36,588
Commercial Metals Co.	4.13	01/15/30		49,000		41,414
Commercial Metals Co.	4.38	03/15/32		45,000		36,254
Mineral Resources Ltd.⁽¹⁾	8.00	11/01/27		90,000		87,068
Mineral Resources Ltd.⁽¹⁾	8.13	05/01/27		105,000		102,253
Mineral Resources Ltd.⁽¹⁾	8.50	05/01/30		97,000		92,985
Mineral Resources Ltd.⁽¹⁾	9.25	10/01/28		170,000		170,213
TMS International Corp./DE⁽¹⁾	6.25	04/15/29		52,000		41,080
United States Steel Corp.	6.65	06/01/37		40,000		38,159
United States Steel Corp.	6.88	03/01/29		76,000		73,924
						1,606,179
MACHINERY-CONSTRUCTION & MINING – 0.6%
BWX Technologies, Inc.⁽¹⁾	4.13	06/30/28		65,000		57,273
BWX Technologies, Inc.⁽¹⁾	4.13	04/15/29		55,000		47,089
Manitowoc Co., Inc.⁽¹⁾	9.00	04/01/26		45,000		44,155
Terex Corp.⁽¹⁾	5.00	05/15/29		90,000		78,881
						227,398
MACHINERY-DIVERSIFIED – 2.6%
ATS Corp.⁽¹⁾	4.13	12/15/28		55,000		47,293
Chart Industries, Inc.⁽¹⁾	7.50	01/01/30		218,000		214,345
Chart Industries, Inc.⁽¹⁾	9.50	01/01/31		80,000		82,494
GrafTech Finance, Inc.⁽¹⁾	4.63	12/15/28		80,000		58,722
GrafTech Global Enterprises, Inc.⁽¹⁾	9.88	12/15/28		65,000		58,288
Maxim Crane Works Holdings Capital LLC⁽¹⁾	11.50	09/01/28		75,000		73,286
Mueller Water Products, Inc.⁽¹⁾	4.00	06/15/29		68,000		58,216
OT Merger Corp.⁽¹⁾	7.88	10/15/29		47,000		28,227
SPX FLOW, Inc.⁽¹⁾	8.75	04/01/30		78,000		71,594
Titan Acquisition Ltd./Titan Co.-Borrower LLC⁽¹⁾	7.75	04/15/26		100,000		93,105
TK Elevator Holdco GmbH⁽¹⁾	7.63	07/15/28		60,000		54,176
TK Elevator US Newco, Inc.⁽¹⁾	5.25	07/15/27		240,000		218,750
						1,058,496

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
METAL FABRICATE/HARDWARE – 0.6%
Advanced Drainage Systems, Inc.⁽¹⁾	5.00	09/30/27	$	55,000	$	51,352
Advanced Drainage Systems, Inc.⁽¹⁾	6.38	06/15/30		75,000		70,885
Interpipe Holdings PLC⁽¹⁾	8.38	05/13/26		10,000		7,450
Park-Ohio Industries, Inc.	6.63	04/15/27		55,000		47,770
Roller Bearing Co. of America, Inc.⁽¹⁾	4.38	10/15/29		75,000		63,695
						241,152
MINING – 4.8%
Arsenal AIC Parent LLC⁽¹⁾	8.00	10/01/30		105,000		103,819
Century Aluminum Co.⁽¹⁾	7.50	04/01/28		40,000		37,833
Coeur Mining, Inc.⁽¹⁾	5.13	02/15/29		48,000		40,008
Compass Minerals International, Inc.⁽¹⁾	6.75	12/01/27		74,000		69,775
Constellium SE⁽¹⁾	3.75	04/15/29		76,000		62,653
Constellium SE⁽¹⁾	5.63	06/15/28		50,000		45,760
Constellium SE⁽¹⁾	5.88	02/15/26		40,000		38,380
Eldorado Gold Corp.⁽¹⁾	6.25	09/01/29		78,000		66,979
FMG Resources August 2006 Pty Ltd.⁽¹⁾	4.38	04/01/31		230,000		185,678
FMG Resources August 2006 Pty Ltd.⁽¹⁾	4.50	09/15/27		90,000		81,142
FMG Resources August 2006 Pty Ltd.⁽¹⁾	5.88	04/15/30		105,000		94,361
FMG Resources August 2006 Pty Ltd.⁽¹⁾	6.13	04/15/32		120,000		106,116
Hecla Mining Co.	7.25	02/15/28		73,000		69,788
Hudbay Minerals, Inc.⁽¹⁾	4.50	04/01/26		97,000		90,380
Hudbay Minerals, Inc.⁽¹⁾	6.13	04/01/29		85,000		76,165
IAMGOLD Corp.⁽¹⁾	5.75	10/15/28		68,000		53,635
JW Aluminum Continuous Cast Co.⁽¹⁾	10.25	06/01/26		42,000		41,822
Kaiser Aluminum Corp.⁽¹⁾	4.50	06/01/31		86,000		63,657
Kaiser Aluminum Corp.⁽¹⁾	4.63	03/01/28		75,000		62,564
New Gold, Inc.⁽¹⁾	7.50	07/15/27		58,000		54,480
Novelis Corp.⁽¹⁾	3.25	11/15/26		115,000		102,497
Novelis Corp.⁽¹⁾	3.88	08/15/31		112,000		87,648
Novelis Corp.⁽¹⁾	4.75	01/30/30		243,000		206,439
Perenti Finance Pty Ltd.⁽¹⁾	6.50	10/07/25		65,000		63,537
Taseko Mines Ltd.⁽¹⁾	7.00	02/15/26		63,000		57,206
						1,962,322
MISCELLANEOUS MANUFACTURER – 1.7%
Amsted Industries, Inc.⁽¹⁾	4.63	05/15/30		60,000		48,482
Amsted Industries, Inc.⁽¹⁾	5.63	07/01/27		62,000		57,130
Calderys Financing LLC⁽¹⁾	11.25	06/01/28		85,000		85,850
EnPro Industries, Inc.	5.75	10/15/26		55,000		52,170
FXI Holdings, Inc.⁽¹⁾	12.25	11/15/26		113,000		93,824
FXI Holdings, Inc.⁽¹⁾	12.25	11/15/26		72,000		59,940
Hillenbrand, Inc.	3.75	03/01/31		55,000		43,038
Hillenbrand, Inc.	5.00	09/15/26		55,000		52,814
Hillenbrand, Inc.	5.75	06/15/25		60,000		58,860
LSB Industries, Inc.⁽¹⁾	6.25	10/15/28		85,000		75,498
Trinity Industries, Inc.⁽¹⁾	7.75	07/15/28		60,000		59,287
						686,893

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
OFFICE FURNISHINGS – 0.2%
Interface, Inc.⁽¹⁾	5.50	12/01/28	$	47,000	$	39,556
Steelcase, Inc.	5.13	01/18/29		68,000		60,018
						99,574
OFFICE/BUSINESS EQUIPMENT – 0.2%
Pitney Bowes, Inc.⁽¹⁾	6.88	03/15/27		60,000		49,722
Pitney Bowes, Inc.⁽¹⁾	7.25	03/15/29		50,000		37,551
						87,273
PACKAGING & CONTAINERS – 11.1%
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC⁽¹⁾	3.25	09/01/28		90,000		73,406
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC⁽¹⁾	4.00	09/01/29		155,000		116,463
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC⁽¹⁾	6.00	06/15/27		95,000		89,894
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	4.13	08/15/26		190,000		167,869
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	5.25	04/30/25		108,000		104,130
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	5.25	08/15/27		115,000		83,788
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	5.25	08/15/27		151,000		110,017
Ball Corp.	2.88	08/15/30		195,000		152,315
Ball Corp.	3.13	09/15/31		130,000		100,808
Ball Corp.	4.88	03/15/26		115,000		110,571
Ball Corp.	5.25	07/01/25		150,000		147,837
Ball Corp.	6.00	06/15/29		150,000		144,012
Ball Corp.	6.88	03/15/28		115,000		114,781
Berry Global, Inc.⁽¹⁾	4.50	02/15/26		40,000		37,725
Berry Global, Inc.⁽¹⁾	5.63	07/15/27		80,000		76,448
Cascades, Inc./Cascades USA, Inc.⁽¹⁾	5.38	01/15/28		65,000		58,819
Clearwater Paper Corp.⁽¹⁾	4.75	08/15/28		50,000		44,188
Clearwater Paper Corp.⁽¹⁾	5.38	02/01/25		30,000		30,289
Clydesdale Acquisition Holdings, Inc.⁽¹⁾	6.63	04/15/29		80,000		72,760
Clydesdale Acquisition Holdings, Inc.⁽¹⁾	8.75	04/15/30		161,000		128,506
Crown Americas LLC	5.25	04/01/30		79,000		71,489
Crown Americas LLC/Crown Americas Capital Corp.V	4.25	09/30/26		60,000		56,790
Crown Americas LLC/Crown Americas Capital Corp.VI	4.75	02/01/26		135,000		129,978
Crown Cork & Seal Co., Inc.	7.38	12/15/26		50,000		50,810
Graham Packaging Co., Inc.⁽¹⁾	7.13	08/15/28		79,000		60,608
Graphic Packaging International LLC⁽¹⁾	3.50	03/15/28		75,000		64,979
Graphic Packaging International LLC⁽¹⁾	3.50	03/01/29		55,000		45,749
Graphic Packaging International LLC⁽¹⁾	3.75	02/01/30		60,000		49,141
Graphic Packaging International LLC⁽¹⁾	4.75	07/15/27		42,000		39,155
Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC⁽¹⁾	6.00	09/15/28		105,000		86,314
Mauser Packaging Solutions Holding Co.⁽¹⁾	7.88	08/15/26		420,000		393,800
Mauser Packaging Solutions Holding Co.⁽¹⁾	9.25	04/15/27		200,000		166,782
OI European Group BV⁽¹⁾	4.75	02/15/30		65,000		55,394
Owens-Brockway Glass Container, Inc.⁽¹⁾	6.38	08/15/25		45,000		43,956
Owens-Brockway Glass Container, Inc.⁽¹⁾	6.63	05/13/27		90,000		85,596
Owens-Brockway Glass Container, Inc.⁽¹⁾	7.25	05/15/31		105,000		96,206
Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc.⁽¹⁾	4.38	10/15/28		75,000		63,887
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC⁽¹⁾	4.00	10/15/27		150,000		131,047

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
PACKAGING & CONTAINERS – 11.1% (Continued)
Sealed Air Corp.⁽¹⁾	4.00	12/01/27	$	65,000	$	57,213
Sealed Air Corp.⁽¹⁾	5.00	04/15/29		65,000		57,723
Sealed Air Corp.⁽¹⁾	5.13	12/01/24		65,000		63,771
Sealed Air Corp.⁽¹⁾	5.50	09/15/25		58,000		56,169
Sealed Air Corp.⁽¹⁾	6.88	07/15/33		70,000		65,725
Sealed Air Corp./Sealed Air Corp. US⁽¹⁾	6.13	02/01/28		117,000		111,508
Silgan Holdings, Inc.	4.13	02/01/28		85,000		75,157
Trident TPI Holdings, Inc.⁽¹⁾	12.75	12/31/28		95,000		97,197
TriMas Corp.⁽¹⁾	4.13	04/15/29		63,000		52,405
Trivium Packaging Finance BV⁽¹⁾	5.50	08/15/26		157,000		142,568
Trivium Packaging Finance BV⁽¹⁾	8.50	08/15/27		105,000		87,772
						4,523,515
RETAIL – 3.3%
Beacon Roofing Supply, Inc.⁽¹⁾	4.13	05/15/29		49,000		41,187
Beacon Roofing Supply, Inc.⁽¹⁾	4.50	11/15/26		50,000		46,648
Beacon Roofing Supply, Inc.⁽¹⁾	6.50	08/01/30		90,000		86,025
BlueLinx Holdings, Inc.⁽¹⁾	6.00	11/15/29		47,000		39,605
Foundation Building Materials, Inc.⁽¹⁾	6.00	03/01/29		63,000		52,026
GYP Holdings III Corp.⁽¹⁾	4.63	05/01/29		55,000		45,152
LBM Acquisition LLC⁽¹⁾	6.25	01/15/29		125,000		98,881
Park River Holdings, Inc.⁽¹⁾	5.63	02/01/29		50,000		36,651
Park River Holdings, Inc.⁽¹⁾	6.75	08/01/29		45,000		34,369
Patrick Industries, Inc.⁽¹⁾	4.75	05/01/29		50,000		40,675
Patrick Industries, Inc.⁽¹⁾	7.50	10/15/27		50,000		47,681
Specialty Building Products Holdings LLC/SBP Finance Corp.⁽¹⁾	6.38	09/30/26		110,000		102,443
SRS Distribution, Inc.⁽¹⁾	4.63	07/01/28		98,000		85,598
SRS Distribution, Inc.⁽¹⁾	6.00	12/01/29		130,000		108,364
SRS Distribution, Inc.⁽¹⁾	6.13	07/01/29		70,000		58,689
Staples, Inc.⁽¹⁾	7.50	04/15/26		310,000		253,099
Staples, Inc.⁽¹⁾	10.75	04/15/27		140,000		77,262
White Capital Buyer LLC⁽¹⁾	6.88	10/15/28		95,000		83,005
						1,337,360
SOFTWARE – 1.0%
Camelot Finance SA⁽¹⁾	4.50	11/01/26		105,000		97,179
Clarivate Science Holdings Corp.⁽¹⁾	3.88	07/01/28		138,000		118,658
Clarivate Science Holdings Corp.⁽¹⁾	4.88	07/01/29		140,000		118,251
Dun & Bradstreet Corp.⁽¹⁾	5.00	12/15/29		68,000		58,575
						392,663
TRANSPORTATION – 1.5%
Carriage Purchaser, Inc.⁽¹⁾	7.88	10/15/29		47,000		34,878
Danaos Corp.⁽¹⁾	8.50	03/01/28		40,000		39,865
First Student Bidco, Inc./First Transit Parent, Inc.⁽¹⁾	4.00	07/31/29		95,000		76,585
Forward Air Corp.⁽¹⁾	9.50	10/15/31		110,000		107,340
Rand Parent LLC⁽¹⁾	8.50	02/15/30		130,000		118,838
Watco Cos LLC/Watco Finance Corp.⁽¹⁾	6.50	06/15/27		90,000		83,952

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Industrial Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
TRANSPORTATION – 1.5% (Continued)
XPO CNW, Inc.	6.70	05/01/34	$	45,000	$	41,672
XPO Escrow Sub LLC⁽¹⁾	7.50	11/15/27		55,000		55,050
XPO, Inc.⁽¹⁾	7.13	06/01/31		70,000		68,271
						626,451
TOTAL CORPORATE BONDS (Cost - $41,675,605)						39,934,005

SHORT-TERM INVESTMENTS – 1.0%
TIME DEPOSITS – 1.0%
Sumitomo, Tokyo	4.68	11/01/23		412,811		412,811
TOTAL SHORT-TERM INVESTMENTS (Cost - $412,811)						412,811

TOTAL INVESTMENTS – 98.8% (Cost - $42,088,416)					$	40,346,816
OTHER ASSETS LESS LIABILITIES – 1.2%						497,638
NET ASSETS – 100.0%					$	40,844,454

⁽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 October 31, 2023, amounts to $33,913,161 and represents 83.0% 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.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CORPORATE BONDS – 97.5%
ADVERTISING – 3.3%
Advantage Sales & Marketing, Inc.⁽¹⁾	6.50	11/15/28	$	95,000	$	77,562
Clear Channel International BV⁽¹⁾	6.63	08/01/25		35,000		34,256
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	5.13	08/15/27		170,000		151,243
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	7.50	06/01/29		135,000		98,406
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	7.75	04/15/28		120,000		91,862
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	9.00	09/15/28		90,000		87,722
CMG Media Corp.⁽¹⁾	8.88	12/15/27		112,000		86,635
Lamar Media Corp.	3.63	01/15/31		67,000		54,213
Lamar Media Corp.	3.75	02/15/28		77,000		68,455
Lamar Media Corp.	4.00	02/15/30		65,000		55,066
Lamar Media Corp.	4.88	01/15/29		50,000		45,897
Stagwell Global LLC⁽¹⁾	5.63	08/15/29		137,000		113,387
						964,704
AUTO PARTS & EQUIPMENT – 1.5%
Clarios Global LP⁽¹⁾	6.75	05/15/25		55,000		54,616
Clarios Global LP/Clarios US Finance Co.⁽¹⁾	6.25	05/15/26		106,000		103,734
Clarios Global LP/Clarios US Finance Co.⁽¹⁾	6.75	05/15/28		100,000		97,587
Clarios Global LP/Clarios US Finance Co.⁽¹⁾	8.50	05/15/27		195,000		192,358
						448,295
COMMERCIAL SERVICES – 0.5%
Cimpress PLC	7.00	06/15/26		67,000		62,059
Deluxe Corp.⁽¹⁾	8.00	06/01/29		65,000		51,496
RR Donnelley & Sons Co.⁽¹⁾	9.75	07/31/28		35,000		34,347
						147,902
COMPUTERS – 6.2%
Ahead DB Holdings LLC⁽¹⁾	6.63	05/01/28		47,000		38,589
Crowdstrike Holdings, Inc.	3.00	02/15/29		95,000		79,500
McAfee Corp.⁽¹⁾	7.38	02/15/30		248,000		198,616
NCR Atleos Escrow Corp.⁽¹⁾	9.50	04/01/29		170,000		166,819
NCR Voyix Corp.⁽¹⁾	5.00	10/01/28		80,000		69,190
NCR Voyix Corp.⁽¹⁾	5.13	04/15/29		147,000		126,566
NCR Voyix Corp.⁽¹⁾	5.25	10/01/30		30,000		24,878
Presidio Holdings, Inc.⁽¹⁾	4.88	02/01/27		65,000		59,636
Presidio Holdings, Inc.⁽¹⁾	8.25	02/01/28		67,000		63,469
Seagate HDD Cayman	4.09	06/01/29		47,000		40,570
Seagate HDD Cayman	4.13	01/15/31		42,000		33,442
Seagate HDD Cayman	4.75	01/01/25		65,000		63,651
Seagate HDD Cayman	4.88	06/01/27		55,000		51,712
Seagate HDD Cayman	5.75	12/01/34		60,000		50,847
Seagate HDD Cayman⁽¹⁾	8.25	12/15/29		85,000		86,479
Seagate HDD Cayman⁽¹⁾	8.50	07/15/31		75,000		76,405
Seagate HDD Cayman⁽¹⁾	9.63	12/01/32		77,800		83,023
Unisys Corp.⁽¹⁾	6.88	11/01/27		60,000		44,020
Vericast Corp.⁽¹⁾	11.00	09/15/26		152,000		161,310

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
COMPUTERS – 6.2% (Continued)
Virtusa Corp.⁽¹⁾	7.13	12/15/28	$	42,000	$	33,276
Western Digital Corp.	4.75	02/15/26		288,000		270,337
						1,822,335
ELECTRONICS – 2.0%
Coherent Corp.⁽¹⁾	5.00	12/15/29		122,000		103,691
Sensata Technologies BV⁽¹⁾	4.00	04/15/29		125,000		106,403
Sensata Technologies BV⁽¹⁾	5.00	10/01/25		105,000		102,203
Sensata Technologies BV⁽¹⁾	5.63	11/01/24		35,000		34,688
Sensata Technologies BV⁽¹⁾	5.88	09/01/30		60,000		54,869
Sensata Technologies, Inc.⁽¹⁾	3.75	02/15/31		95,000		76,162
Sensata Technologies, Inc.⁽¹⁾	4.38	02/15/30		55,000		46,549
TTM Technologies, Inc.⁽¹⁾	4.00	03/01/29		65,000		53,381
						577,946
ENGINEERING & CONSTRUCTION – 0.8%
ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Par⁽¹⁾	4.05	04/27/26		45,000		38,497
Cellnex Finance Co. SA⁽¹⁾	3.88	07/07/41		75,000		50,045
HTA Group Ltd./Mauritius⁽¹⁾	7.00	12/18/25		102,000		98,850
VM Consolidated, Inc.⁽¹⁾	5.50	04/15/29		45,000		39,894
						227,286
ENTERTAINMENT – 1.1%
Allen Media LLC/Allen Media Co.-Issuer, Inc.⁽¹⁾	10.50	02/15/28		80,000		41,740
Banijay Entertainment SASU⁽¹⁾	8.13	05/01/29		50,000		48,793
Lions Gate Capital Holdings LLC⁽¹⁾	5.50	04/15/29		92,000		60,630
WMG Acquisition Corp.⁽¹⁾	3.00	02/15/31		130,000		101,033
WMG Acquisition Corp.⁽¹⁾	3.75	12/01/29		69,000		57,995
WMG Acquisition Corp.⁽¹⁾	3.88	07/15/30		35,000		29,128
						339,319
INTERNET – 5.5%
ANGI Group LLC⁽¹⁾	3.88	08/15/28		60,000		45,053
Arches Buyer, Inc.⁽¹⁾	4.25	06/01/28		120,000		99,520
Arches Buyer, Inc.⁽¹⁾	6.13	12/01/28		60,000		48,523
Cablevision Lightpath LLC⁽¹⁾	3.88	09/15/27		60,000		49,031
Cablevision Lightpath LLC⁽¹⁾	5.63	09/15/28		50,000		37,467
Cars.com, Inc.⁽¹⁾	6.38	11/01/28		50,000		44,556
Cogent Communications Group, Inc.⁽¹⁾	3.50	05/01/26		62,000		56,187
Cogent Communications Group, Inc.⁽¹⁾	7.00	06/15/27		60,000		56,750
Gen Digital, Inc.⁽¹⁾	5.00	04/15/25		137,000		132,779
Gen Digital, Inc.⁽¹⁾	6.75	09/30/27		110,000		107,198
Gen Digital, Inc.⁽¹⁾	7.13	09/30/30		75,000		73,054
Getty Images, Inc.⁽¹⁾	9.75	03/01/27		40,000		39,407
Go Daddy Operating Co. LLC/GD Finance Co., Inc.⁽¹⁾	3.50	03/01/29		105,000		88,244
Go Daddy Operating Co. LLC/GD Finance Co., Inc.⁽¹⁾	5.25	12/01/27		65,000		60,986
ION Trading Technologies Sarl⁽¹⁾	5.75	05/15/28		60,000		49,859
Match Group Holdings II LLC⁽¹⁾	3.63	10/01/31		62,000		47,640
Match Group Holdings II LLC⁽¹⁾	4.13	08/01/30		60,000		48,823
Match Group Holdings II LLC⁽¹⁾	4.63	06/01/28		33,000		29,666

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
INTERNET – 5.5% (Continued)
Match Group Holdings II LLC⁽¹⁾	5.00	12/15/27	$	75,000	$	69,247
Match Group Holdings II LLC⁽¹⁾	5.63	02/15/29		55,000		49,709
Millennium Escrow Corp.⁽¹⁾	6.63	08/01/26		95,000		70,635
Newfold Digital Holdings Group, Inc.⁽¹⁾	6.00	02/15/29		80,000		52,644
Newfold Digital Holdings Group, Inc.⁽¹⁾	11.75	10/15/28		55,000		55,612
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.⁽¹⁾	4.75	04/30/27		65,000		58,076
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.⁽¹⁾	6.00	02/15/28		35,000		29,013
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.⁽¹⁾	10.75	06/01/28		15,000		14,372
TripAdvisor, Inc.⁽¹⁾	7.00	07/15/25		60,000		59,458
Ziff Davis, Inc.⁽¹⁾	4.63	10/15/30		60,000		50,301
						1,623,810
MACHINERY-CONSTRUCTION & MINING – 0.3%
Vertiv Group Corp.⁽¹⁾	4.13	11/15/28		110,000		96,257

MEDIA – 39.8%
Altice Financing SA⁽¹⁾	5.00	01/15/28		155,000		126,183
Altice Financing SA⁽¹⁾	5.75	08/15/29		252,000		195,148
AMC Networks, Inc.	4.25	02/15/29		122,000		75,098
AMC Networks, Inc.	4.75	08/01/25		102,000		93,003
Beasley Mezzanine Holdings LLC⁽¹⁾	8.63	02/01/26		35,000		23,144
Block Communications, Inc.⁽¹⁾	4.88	03/01/28		35,000		28,771
Cable One, Inc.⁽¹⁾	4.00	11/15/30		80,000		59,650
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.25	02/01/31		375,000		292,115
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.25	01/15/34		248,000		179,338
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.50	08/15/30		342,000		274,683
CCO Holdings LLC/CCO Holdings Capital Corp.	4.50	05/01/32		359,000		275,102
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.50	06/01/33		222,000		165,762
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.75	03/01/30		380,000		314,014
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.75	02/01/32		150,000		117,229
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.00	02/01/28		312,000		280,398
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.13	05/01/27		407,000		375,094
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.38	06/01/29		186,000		163,055
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.50	05/01/26		93,000		88,784
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	6.38	09/01/29		195,000		178,651
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	7.38	03/01/31		135,000		127,662
CSC Holdings LLC⁽¹⁾	3.38	02/15/31		120,000		76,853
CSC Holdings LLC⁽¹⁾	4.13	12/01/30		132,000		88,548
CSC Holdings LLC⁽¹⁾	4.50	11/15/31		180,000		119,053
CSC Holdings LLC⁽¹⁾	4.63	12/01/30		257,000		130,514
CSC Holdings LLC⁽¹⁾	5.00	11/15/31		110,000		56,334
CSC Holdings LLC⁽¹⁾	5.38	02/01/28		120,000		95,673
CSC Holdings LLC⁽¹⁾	5.50	04/15/27		190,000		159,042
CSC Holdings LLC⁽¹⁾	5.75	01/15/30		277,000		145,356
CSC Holdings LLC⁽¹⁾	6.50	02/01/29		215,000		170,299
CSC Holdings LLC⁽¹⁾	7.50	04/01/28		125,000		80,245
CSC Holdings LLC⁽¹⁾	11.25	05/15/28		125,000		119,367
Cumulus Media New Holdings, Inc.⁽¹⁾	6.75	07/01/26		40,000		28,637
Directv Financing LLC/Directv Financing Co.-Obligor, Inc.⁽¹⁾	5.88	08/15/27		460,000		403,498

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
MEDIA – 39.8% (Continued)
DISH DBS Corp.	5.13	06/01/29	$	190,000	$	98,075
DISH DBS Corp.⁽¹⁾	5.25	12/01/26		345,000		278,941
DISH DBS Corp.⁽¹⁾	5.75	12/01/28		310,000		225,719
DISH DBS Corp.	5.88	11/15/24		245,000		225,117
DISH DBS Corp.	7.38	07/01/28		132,000		74,682
DISH DBS Corp.	7.75	07/01/26		252,000		169,165
DISH Network Corp.⁽¹⁾	11.75	11/15/27		435,000		431,255
Gannett Holdings LLC⁽¹⁾	6.00	11/01/26		42,000		35,491
GCI LLC⁽¹⁾	4.75	10/15/28		75,000		64,429
Gray Escrow II, Inc.⁽¹⁾	5.38	11/15/31		92,000		58,062
Gray Television, Inc.⁽¹⁾	4.75	10/15/30		172,000		110,469
Gray Television, Inc.⁽¹⁾	5.88	07/15/26		85,000		75,778
Gray Television, Inc.⁽¹⁾	7.00	05/15/27		100,000		84,896
iHeartCommunications, Inc.⁽¹⁾	4.75	01/15/28		55,000		38,971
iHeartCommunications, Inc.⁽¹⁾	5.25	08/15/27		99,000		72,646
iHeartCommunications, Inc.	6.38	05/01/26		85,000		69,369
iHeartCommunications, Inc.	8.38	05/01/27		133,000		81,657
LCPR Senior Secured Financing DAC⁽¹⁾	5.13	07/15/29		100,000		78,002
LCPR Senior Secured Financing DAC⁽¹⁾	6.75	10/15/27		145,000		131,373
Liberty Interactive LLC	8.25	02/01/30		65,000		16,738
Liberty Interactive LLC	8.50	07/15/29		35,000		9,238
McGraw-Hill Education, Inc.⁽¹⁾	5.75	08/01/28		100,000		84,390
McGraw-Hill Education, Inc.⁽¹⁾	8.00	08/01/29		90,000		74,277
Midcontinent Communications/Midcontinent Finance Corp.⁽¹⁾	5.38	08/15/27		45,000		40,884
News Corp.⁽¹⁾	3.88	05/15/29		125,000		107,131
News Corp.⁽¹⁾	5.13	02/15/32		60,000		51,865
Nexstar Media, Inc.⁽¹⁾	4.75	11/01/28		125,000		105,112
Nexstar Media, Inc.⁽¹⁾	5.63	07/15/27		213,000		191,849
Paramount Global	6.25	02/28/57		80,000		57,470
Paramount Global	6.38	03/30/62		122,000		89,898
Radiate Holdco LLC/Radiate Finance, Inc.⁽¹⁾	4.50	09/15/26		117,000		89,572
Radiate Holdco LLC/Radiate Finance, Inc.⁽¹⁾	6.50	09/15/28		122,000		60,517
Scripps Escrow II, Inc.⁽¹⁾	3.88	01/15/29		65,000		49,413
Scripps Escrow II, Inc.⁽¹⁾	5.38	01/15/31		45,000		27,977
Scripps Escrow, Inc.⁽¹⁾	5.88	07/15/27		55,000		41,163
Sinclair Television Group, Inc.⁽¹⁾	4.13	12/01/30		87,000		55,055
Sinclair Television Group, Inc.⁽¹⁾	5.13	02/15/27		30,000		23,636
Sinclair Television Group, Inc.⁽¹⁾	5.50	03/01/30		65,000		35,397
Sirius XM Radio, Inc.⁽¹⁾	3.13	09/01/26		123,000		110,432
Sirius XM Radio, Inc.⁽¹⁾	3.88	09/01/31		185,000		139,491
Sirius XM Radio, Inc.⁽¹⁾	4.00	07/15/28		250,000		212,839
Sirius XM Radio, Inc.⁽¹⁾	4.13	07/01/30		185,000		147,075
Sirius XM Radio, Inc.⁽¹⁾	5.00	08/01/27		185,000		169,793
Sirius XM Radio, Inc.⁽¹⁾	5.50	07/01/29		157,000		139,289
Spanish Broadcasting System, Inc.⁽¹⁾	9.75	03/01/26		37,000		22,824
TEGNA, Inc.	4.63	03/15/28		125,000		108,281
TEGNA, Inc.⁽¹⁾	4.75	03/15/26		67,000		62,593
TEGNA, Inc.	5.00	09/15/29		135,000		113,278
Townsquare Media, Inc.⁽¹⁾	6.88	02/01/26		65,000		60,143

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
MEDIA – 39.8% (Continued)
Univision Communications, Inc.⁽¹⁾	4.50	05/01/29	$	127,000	$	101,093
Univision Communications, Inc.⁽¹⁾	5.13	02/15/25		129,000		126,097
Univision Communications, Inc.⁽¹⁾	6.63	06/01/27		185,000		169,110
Univision Communications, Inc.⁽¹⁾	7.38	06/30/30		115,000		101,372
Univision Communications, Inc.⁽¹⁾	8.00	08/15/28		65,000		61,434
UPC Broadband FinCo. BV⁽¹⁾	4.88	07/15/31		151,000		120,690
UPC Holding BV⁽¹⁾	5.50	01/15/28		60,000		52,404
Urban One, Inc.⁽¹⁾	7.38	02/01/28		90,000		74,085
Videotron Ltd.⁽¹⁾	3.63	06/15/29		50,000		42,195
Videotron Ltd.⁽¹⁾	5.13	04/15/27		85,000		79,190
Virgin Media Finance PLC⁽¹⁾	5.00	07/15/30		117,000		92,099
Virgin Media Secured Finance PLC⁽¹⁾	4.50	08/15/30		115,000		94,966
Virgin Media Secured Finance PLC⁽¹⁾	5.50	05/15/29		175,000		155,143
Virgin Media Vendor Financing Notes IV DAC⁽¹⁾	5.00	07/15/28		65,000		55,242
VZ Secured Financing BV⁽¹⁾	5.00	01/15/32		192,000		145,811
Ziggo Bond Co. BV⁽¹⁾	5.13	02/28/30		70,000		51,071
Ziggo Bond Co. BV⁽¹⁾	6.00	01/15/27		75,000		68,776
Ziggo BV⁽¹⁾	4.88	01/15/30		122,000		97,546
						11,696,344
OFFICE/BUSINESS EQUIPMENT – 0.7%
Xerox Corp.	4.80	03/01/35		32,000		19,503
Xerox Corp.	6.75	12/15/39		45,000		29,339
Xerox Holdings Corp.⁽¹⁾	5.00	08/15/25		90,000		82,888
Xerox Holdings Corp.⁽¹⁾	5.50	08/15/28		95,000		73,531
						205,261
PACKAGING & CONTAINERS – 1.0%
LABL, Inc.⁽¹⁾	5.88	11/01/28		65,000		55,128
LABL, Inc.⁽¹⁾	6.75	07/15/26		90,000		82,821
LABL, Inc.⁽¹⁾	8.25	11/01/29		60,000		44,662
LABL, Inc.⁽¹⁾	9.50	11/01/28		35,000		33,870
LABL, Inc.⁽¹⁾	10.50	07/15/27		80,000		69,342
						285,823
SEMICONDUCTORS – 2.1%
Amkor Technology, Inc.⁽¹⁾	6.63	09/15/27		65,000		63,333
ams-OSRAM AG⁽¹⁾	7.00	07/31/25		60,000		58,952
Entegris Escrow Corp.⁽¹⁾	4.75	04/15/29		200,000		179,304
Entegris Escrow Corp.⁽¹⁾	5.95	06/15/30		112,000		102,591
Entegris, Inc.⁽¹⁾	3.63	05/01/29		50,000		41,865
Entegris, Inc.⁽¹⁾	4.38	04/15/28		50,000		44,667
ON Semiconductor Corp.⁽¹⁾	3.88	09/01/28		90,000		77,415
Synaptics, Inc.⁽¹⁾	4.00	06/15/29		45,000		37,182
						605,309
SOFTWARE – 9.8%
Alteryx, Inc.⁽¹⁾	8.75	03/15/28		60,000		59,305
Boxer Parent Co., Inc.⁽¹⁾	7.13	10/02/25		77,000		76,038
Boxer Parent Co., Inc.⁽¹⁾	9.13	03/01/26		40,000		39,878

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
SOFTWARE – 9.8% (Continued)
Capstone Borrower, Inc.⁽¹⁾	8.00	06/15/30	$	45,000	$	43,707
Castle US Holding Corp.⁽¹⁾	9.50	02/15/28		40,000		21,106
Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.⁽¹⁾	8.00	06/15/29		95,000		93,931
Central Parent, Inc./CDK Global, Inc.⁽¹⁾	7.25	06/15/29		95,000		91,364
Cloud Software Group, Inc.⁽¹⁾	6.50	03/31/29		498,000		437,696
Cloud Software Group, Inc.⁽¹⁾	9.00	09/30/29		475,000		404,940
Elastic NV⁽¹⁾	4.13	07/15/29		70,000		59,065
Fair Isaac Corp.⁽¹⁾	4.00	06/15/28		109,000		97,186
Fair Isaac Corp.⁽¹⁾	5.25	05/15/26		50,000		48,171
Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl⁽¹⁾	4.63	05/01/28		45,000		37,823
MicroStrategy, Inc.⁽¹⁾	6.13	06/15/28		60,000		54,369
Open Text Corp.⁽¹⁾	3.88	02/15/28		105,000		91,377
Open Text Corp.⁽¹⁾	3.88	12/01/29		112,000		91,732
Open Text Holdings, Inc.⁽¹⁾	4.13	02/15/30		115,000		95,433
Open Text Holdings, Inc.⁽¹⁾	4.13	12/01/31		80,000		62,932
PTC, Inc.⁽¹⁾	3.63	02/15/25		62,000		59,833
PTC, Inc.⁽¹⁾	4.00	02/15/28		65,000		57,707
Rackspace Technology Global, Inc.⁽¹⁾	3.50	02/15/28		35,000		15,405
Rackspace Technology Global, Inc.⁽¹⁾	5.38	12/01/28		73,000		21,419
RingCentral, Inc.⁽¹⁾	8.50	08/15/30		50,000		47,557
ROBLOX Corp.⁽¹⁾	3.88	05/01/30		122,000		99,122
Rocket Software, Inc.⁽¹⁾	6.50	02/15/29		70,000		57,165
SS&C Technologies, Inc.⁽¹⁾	5.50	09/30/27		250,000		234,818
Twilio, Inc.	3.63	03/15/29		63,000		52,441
Twilio, Inc.	3.88	03/15/31		63,000		50,353
Veritas US, Inc./Veritas Bermuda Ltd.⁽¹⁾	7.50	09/01/25		217,000		177,816
West Technology Group LLC⁽¹⁾	8.50	04/10/27		45,000		38,925
ZoomInfo Technologies LLC/ZoomInfo Finance Corp.⁽¹⁾	3.88	02/01/29		80,000		66,130
						2,884,744
TELECOMMUNICATIONS – 22.9%
Altice France Holding SA⁽¹⁾	6.00	02/15/28		135,000		59,332
Altice France Holding SA⁽¹⁾	10.50	05/15/27		185,000		100,801
Altice France SA/France⁽¹⁾	5.13	01/15/29		60,000		41,473
Altice France SA/France⁽¹⁾	5.13	07/15/29		312,000		213,828
Altice France SA/France⁽¹⁾	5.50	01/15/28		140,000		104,155
Altice France SA/France⁽¹⁾	5.50	10/15/29		248,000		170,784
Altice France SA/France⁽¹⁾	8.13	02/01/27		227,000		191,611
British Telecommunications PLC⁽¹⁾	4.25	11/23/81		60,000		52,468
British Telecommunications PLC⁽¹⁾	4.88	11/23/81		62,000		50,129
C&W Senior Financing DAC⁽¹⁾	6.88	09/15/27		132,000		113,622
Ciena Corp.⁽¹⁾	4.00	01/31/30		50,000		41,718
CommScope Technologies LLC⁽¹⁾	5.00	03/15/27		142,000		52,400
CommScope Technologies LLC⁽¹⁾	6.00	06/15/25		155,000		93,233
CommScope, Inc.⁽¹⁾	4.75	09/01/29		155,000		106,009
CommScope, Inc.⁽¹⁾	6.00	03/01/26		190,000		159,853
CommScope, Inc.⁽¹⁾	7.13	07/01/28		60,000		22,557
CommScope, Inc.⁽¹⁾	8.25	03/01/27		107,000		44,590

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
TELECOMMUNICATIONS – 22.9% (Continued)
Connect FinCo. Sarl/Connect US FinCo. LLC⁽¹⁾	6.75	10/01/26	$	260,000	$	242,654
Consolidated Communications, Inc.⁽¹⁾	5.00	10/01/28		55,000		41,479
Consolidated Communications, Inc.⁽¹⁾	6.50	10/01/28		87,000		68,904
Embarq Corp.	8.00	06/01/36		150,000		81,908
Frontier Communications Holdings LLC⁽¹⁾	5.00	05/01/28		225,000		194,456
Frontier Communications Holdings LLC⁽¹⁾	5.88	10/15/27		150,000		136,877
Frontier Communications Holdings LLC	5.88	11/01/29		95,000		71,522
Frontier Communications Holdings LLC⁽¹⁾	6.00	01/15/30		125,000		94,245
Frontier Communications Holdings LLC⁽¹⁾	6.75	05/01/29		125,000		99,069
Frontier Communications Holdings LLC⁽¹⁾	8.63	03/15/31		90,000		84,706
Frontier Communications Holdings LLC⁽¹⁾	8.75	05/15/30		152,000		144,988
GoTo Group, Inc.⁽¹⁾	5.50	09/01/27		117,000		61,145
Hughes Satellite Systems Corp.	5.25	08/01/26		95,000		85,529
Hughes Satellite Systems Corp.	6.63	08/01/26		90,000		76,366
Iliad Holding SASU⁽¹⁾	6.50	10/15/26		150,000		140,303
Iliad Holding SASU⁽¹⁾	7.00	10/15/28		105,000		95,105
Intelsat Jackson Holdings SA⁽¹⁾	6.50	03/15/30		375,000		330,199
Level 3 Financing, Inc.⁽¹⁾	3.40	03/01/27		95,000		88,040
Level 3 Financing, Inc.⁽¹⁾	3.63	01/15/29		105,000		53,747
Level 3 Financing, Inc.⁽¹⁾	3.75	07/15/29		112,000		57,075
Level 3 Financing, Inc.⁽¹⁾	3.88	11/15/29		95,000		84,740
Level 3 Financing, Inc.⁽¹⁾	4.25	07/01/28		147,000		83,261
Level 3 Financing, Inc.⁽¹⁾	4.63	09/15/27		123,000		81,902
Level 3 Financing, Inc.⁽¹⁾	10.50	05/15/30		117,000		117,196
Lumen Technologies, Inc.⁽¹⁾	4.00	02/15/27		158,000		106,794
Lumen Technologies, Inc.⁽¹⁾	4.50	01/15/29		47,000		12,925
Lumen Technologies, Inc.⁽¹⁾	5.13	12/15/26		55,000		27,072
Lumen Technologies, Inc.	7.60	09/15/39		42,000		12,298
Lumen Technologies, Inc.	7.65	03/15/42		35,000		9,833
Millicom International Cellular SA⁽¹⁾	4.50	04/27/31		115,000		86,825
Millicom International Cellular SA⁽¹⁾	5.13	01/15/28		45,000		38,919
Millicom International Cellular SA⁽¹⁾	6.25	03/25/29		74,700		65,035
Qwest Corp.	7.25	09/15/25		30,000		28,765
Rogers Communications, Inc.⁽¹⁾	5.25	03/15/82		95,000		83,720
Sable International Finance Ltd.⁽¹⁾	5.75	09/07/27		80,000		72,582
Telecom Italia Capital SA	6.00	09/30/34		82,000		67,573
Telecom Italia Capital SA	6.38	11/15/33		165,000		140,857
Telecom Italia Capital SA	7.20	07/18/36		125,000		108,203
Telecom Italia Capital SA	7.72	06/04/38		130,000		114,904
Telesat Canada/Telesat LLC⁽¹⁾	4.88	06/01/27		45,000		26,806
Telesat Canada/Telesat LLC⁽¹⁾	5.63	12/06/26		65,000		41,544
United States Cellular Corp.	6.70	12/15/33		70,000		66,500
Viasat, Inc.⁽¹⁾	5.63	09/15/25		90,000		83,689
Viasat, Inc.⁽¹⁾	5.63	04/15/27		75,000		65,543
Viasat, Inc.⁽¹⁾	6.50	07/15/28		50,000		35,492
Viasat, Inc.⁽¹⁾	7.50	05/30/31		90,000		59,022
Viavi Solutions, Inc.⁽¹⁾	3.75	10/01/29		50,000		38,975
Vmed O2 UK Financing I PLC⁽¹⁾	4.25	01/31/31		167,000		131,516
Vmed O2 UK Financing I PLC⁽¹⁾	4.75	07/15/31		175,000		141,018

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
TELECOMMUNICATIONS – 22.9% (Continued)
Vodafone Group PLC	3.25	06/04/81	$	64,000	$	56,280
Vodafone Group PLC	4.13	06/04/81		127,000		96,242
Vodafone Group PLC	5.13	06/04/81		120,000		76,460
Vodafone Group PLC	7.00	04/04/79		245,000		237,113
Windstream Escrow LLC/Windstream Escrow Finance Corp.⁽¹⁾	7.75	08/15/28		175,000		138,935
Zayo Group Holdings, Inc.⁽¹⁾	4.00	03/01/27		185,000		139,454
Zayo Group Holdings, Inc.⁽¹⁾	6.13	03/01/28		132,000		87,567
						6,732,440
TOTAL CORPORATE BONDS (Cost - $30,096,994)						28,657,775

SHORT-TERM INVESTMENTS – 1.0%
TIME DEPOSITS – 1.0%
Citibank, New York	4.68	11/01/23		298,012		298,012
TOTAL SHORT-TERM INVESTMENTS (Cost - $298,012)						298,012

TOTAL INVESTMENTS – 98.5% (Cost - $30,395,006)					$	28,955,787
OTHER ASSETS LESS LIABILITIES – 1.5%						438,986
NET ASSETS – 100.0%					$	29,394,773

⁽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 October 31, 2023, amounts to $24,743,866 and represents 84.2% 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.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Healthcare Sector ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
CORPORATE BONDS – 97.6%
BIOTECHNOLOGY – 0.2%
Emergent BioSolutions, Inc.⁽¹⁾	3.88	08/15/28	$	53,000	$	20,892

COMMERCIAL SERVICES – 7.4%
AMN Healthcare, Inc.⁽¹⁾	4.00	04/15/29		35,000		29,028
AMN Healthcare, Inc.⁽¹⁾	4.63	10/01/27		70,000		62,900
Carriage Services, Inc.⁽¹⁾	4.25	05/15/29		48,000		39,311
MPH Acquisition Holdings LLC⁽¹⁾	5.50	09/01/28		128,000		108,947
MPH Acquisition Holdings LLC⁽¹⁾	5.75	11/01/28		125,000		93,312
Service Corp. International/US	3.38	08/15/30		105,000		84,220
Service Corp. International/US	4.00	05/15/31		98,000		79,433
Service Corp. International/US	4.63	12/15/27		68,000		62,962
Service Corp. International/US	5.13	06/01/29		91,000		83,492
StoneMor, Inc.⁽¹⁾	8.50	05/15/29		48,000		38,383
Verscend Escrow Corp.⁽¹⁾	9.75	08/15/26		135,000		134,136
						816,124
HEALTHCARE-PRODUCTS – 13.8%
Avantor Funding, Inc.⁽¹⁾	3.88	11/01/29		95,000		79,589
Avantor Funding, Inc.⁽¹⁾	4.63	07/15/28		197,000		175,594
Bausch & Lomb Escrow Corp.⁽¹⁾	8.38	10/01/28		175,000		174,037
Embecta Corp.⁽¹⁾	5.00	02/15/30		64,000		50,893
Garden Spinco Corp.⁽¹⁾	8.63	07/20/30		45,000		46,479
Hologic, Inc.⁽¹⁾	3.25	02/15/29		120,000		100,871
Hologic, Inc.⁽¹⁾	4.63	02/01/28		48,000		43,702
Medline Borrower LP⁽¹⁾	3.88	04/01/29		560,000		473,368
Medline Borrower LP⁽¹⁾	5.25	10/01/29		305,000		259,923
Teleflex, Inc.⁽¹⁾	4.25	06/01/28		63,000		55,665
Teleflex, Inc.	4.63	11/15/27		60,000		54,960
						1,515,081
HEALTHCARE-SERVICES – 53.6%
Acadia Healthcare Co., Inc.⁽¹⁾	5.00	04/15/29		58,000		51,775
Acadia Healthcare Co., Inc.⁽¹⁾	5.50	07/01/28		58,000		53,606
AHP Health Partners, Inc.⁽¹⁾	5.75	07/15/29		35,000		28,733
Catalent Pharma Solutions, Inc.⁽¹⁾	3.13	02/15/29		68,000		53,536
Catalent Pharma Solutions, Inc.⁽¹⁾	3.50	04/01/30		81,000		63,664
Catalent Pharma Solutions, Inc.⁽¹⁾	5.00	07/15/27		60,000		53,620
Charles River Laboratories International, Inc.⁽¹⁾	3.75	03/15/29		60,000		50,710
Charles River Laboratories International, Inc.⁽¹⁾	4.00	03/15/31		63,000		51,492
Charles River Laboratories International, Inc.⁽¹⁾	4.25	05/01/28		63,000		56,044
CHS/Community Health Systems, Inc.⁽¹⁾	4.75	02/15/31		128,000		85,942
CHS/Community Health Systems, Inc.⁽¹⁾	5.25	05/15/30		187,000		132,974
CHS/Community Health Systems, Inc.⁽¹⁾	5.63	03/15/27		238,000		193,548
CHS/Community Health Systems, Inc.⁽¹⁾	6.00	01/15/29		106,000		80,408
CHS/Community Health Systems, Inc.⁽¹⁾	6.13	04/01/30		157,000		61,002
CHS/Community Health Systems, Inc.⁽¹⁾	6.88	04/01/28		93,000		40,422
CHS/Community Health Systems, Inc.⁽¹⁾	6.88	04/15/29		175,000		72,442
CHS/Community Health Systems, Inc.⁽¹⁾	8.00	03/15/26		263,000		240,757
CHS/Community Health Systems, Inc.⁽¹⁾	8.00	12/15/27		83,000		70,487

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Healthcare Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
HEALTHCARE-SERVICES – 53.6% (Continued)
DaVita, Inc.⁽¹⁾	3.75	02/15/31	$	182,000	$	130,980
DaVita, Inc.⁽¹⁾	4.63	06/01/30		343,000		269,090
Encompass Health Corp.	4.50	02/01/28		95,000		85,744
Encompass Health Corp.	4.63	04/01/31		50,000		41,679
Encompass Health Corp.	4.75	02/01/30		105,000		90,851
Encompass Health Corp.	5.75	09/15/25		42,000		41,002
Fortrea Holdings, Inc.⁽¹⁾	7.50	07/01/30		70,000		67,637
Global Medical Response, Inc.⁽¹⁾	6.50	10/01/25		75,000		47,758
HealthEquity, Inc.⁽¹⁾	4.50	10/01/29		75,000		64,339
Heartland Dental LLC/Heartland Dental Finance Corp.⁽¹⁾	8.50	05/01/26		35,000		31,889
Heartland Dental LLC/Heartland Dental Finance Corp.⁽¹⁾	10.50	04/30/28		90,000		86,614
IQVIA, Inc.⁽¹⁾	5.00	10/15/26		128,000		122,162
IQVIA, Inc.⁽¹⁾	5.00	05/15/27		140,000		131,855
IQVIA, Inc.⁽¹⁾	6.50	05/15/30		60,000		58,275
Legacy LifePoint Health LLC⁽¹⁾	4.38	02/15/27		75,000		62,087
LifePoint Health, Inc.⁽¹⁾	5.38	01/15/29		63,000		38,231
LifePoint Health, Inc.⁽¹⁾	9.88	08/15/30		100,000		90,500
LifePoint Health, Inc.⁽¹⁾	11.00	10/15/30		135,000		127,214
ModivCare Escrow Issuer, Inc.⁽¹⁾	5.00	10/01/29		60,000		43,788
ModivCare, Inc.⁽¹⁾	5.88	11/15/25		63,000		59,602
Molina Healthcare, Inc.⁽¹⁾	3.88	11/15/30		80,000		65,344
Molina Healthcare, Inc.⁽¹⁾	3.88	05/15/32		94,000		73,974
Molina Healthcare, Inc.⁽¹⁾	4.38	06/15/28		100,000		89,139
Pediatrix Medical Group, Inc.⁽¹⁾	5.38	02/15/30		48,000		41,459
Prime Healthcare Services, Inc.⁽¹⁾	7.25	11/01/25		110,000		100,217
Radiology Partners, Inc.⁽¹⁾	9.25	02/01/28		76,000		28,657
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.⁽¹⁾	9.75	12/01/26		155,000		145,082
RP Escrow Issuer LLC⁽¹⁾	5.25	12/15/25		99,000		70,643
Select Medical Corp.⁽¹⁾	6.25	08/15/26		151,000		147,018
Star Parent, Inc.⁽¹⁾	9.00	10/01/30		125,000		124,204
Surgery Center Holdings, Inc.⁽¹⁾	10.00	04/15/27		37,000		36,965
Tenet Healthcare Corp.	4.25	06/01/29		170,000		145,667
Tenet Healthcare Corp.	4.38	01/15/30		180,000		152,419
Tenet Healthcare Corp.	4.63	06/15/28		75,000		66,788
Tenet Healthcare Corp.	4.88	01/01/26		253,000		242,709
Tenet Healthcare Corp.	5.13	11/01/27		180,000		166,336
Tenet Healthcare Corp.	6.13	10/01/28		310,000		287,798
Tenet Healthcare Corp.	6.13	06/15/30		250,000		231,693
Tenet Healthcare Corp.	6.25	02/01/27		188,000		180,461
Tenet Healthcare Corp.⁽¹⁾	6.75	05/15/31		165,000		156,896
Tenet Healthcare Corp.	6.88	11/15/31		47,000		43,386
Toledo Hospital	4.98	11/15/45		25,000		14,598
Toledo Hospital	5.33	11/15/28		40,000		30,750
Toledo Hospital	6.02	11/15/48		57,000		38,190
US Acute Care Solutions LLC⁽¹⁾	6.38	03/01/26		93,000		79,212
						5,892,064

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Healthcare Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
PHARMACEUTICALS – 19.6%
180 Medical, Inc.⁽¹⁾	3.88	10/15/29	$	65,000	$	54,073
AdaptHealth LLC⁽¹⁾	4.63	08/01/29		60,000		44,910
AdaptHealth LLC⁽¹⁾	5.13	03/01/30		75,000		56,887
AdaptHealth LLC⁽¹⁾	6.13	08/01/28		45,000		36,989
Bausch Health Cos, Inc.⁽¹⁾	4.88	06/01/28		200,000		99,989
Bausch Health Cos, Inc.⁽¹⁾	5.50	11/01/25		205,000		176,972
Bausch Health Cos, Inc.⁽¹⁾	5.75	08/15/27		70,000		36,466
Bausch Health Cos, Inc.⁽¹⁾	6.13	02/01/27		120,000		67,070
Bausch Health Cos, Inc.⁽¹⁾	11.00	09/30/28		215,000		131,688
Bausch Health Cos, Inc.⁽¹⁾	14.00	10/15/30		45,000		24,460
Cheplapharm Arzneimittel GmbH⁽¹⁾	5.50	01/15/28		60,000		53,278
Elanco Animal Health, Inc.	6.65	08/28/28		93,000		89,048
Grifols SA⁽¹⁾	4.75	10/15/28		88,000		73,996
Jazz Securities DAC⁽¹⁾	4.38	01/15/29		187,000		162,790
Option Care Health, Inc.⁽¹⁾	4.38	10/31/29		64,000		53,560
Organon & Co./Organon Foreign Debt Co.-Issuer BV⁽¹⁾	4.13	04/30/28		253,000		218,765
Organon & Co./Organon Foreign Debt Co.-Issuer BV⁽¹⁾	5.13	04/30/31		250,000		195,486
Owens & Minor, Inc.⁽¹⁾	4.50	03/31/29		58,000		46,589
Owens & Minor, Inc.⁽¹⁾	6.63	04/01/30		71,000		62,124
P&L Development LLC/PLD Finance Corp.⁽¹⁾	7.75	11/15/25		58,000		39,014
Perrigo Finance Unlimited Co.	3.90	12/15/24		85,000		82,530
Perrigo Finance Unlimited Co.	4.38	03/15/26		85,000		79,882
Perrigo Finance Unlimited Co.	4.65	06/15/30		100,000		83,621
Perrigo Finance Unlimited Co.	4.90	12/15/44		33,000		22,577
PRA Health Sciences, Inc.⁽¹⁾	2.88	07/15/26		64,000		58,574
Prestige Brands, Inc.⁽¹⁾	3.75	04/01/31		77,000		61,234
Prestige Brands, Inc.⁽¹⁾	5.13	01/15/28		50,000		46,150
						2,158,722
SOFTWARE – 3.0%
AthenaHealth Group, Inc.⁽¹⁾	6.50	02/15/30		291,000		238,059
Consensus Cloud Solutions, Inc.⁽¹⁾	6.00	10/15/26		40,000		37,088
Consensus Cloud Solutions, Inc.⁽¹⁾	6.50	10/15/28		60,000		49,788
						324,935
TOTAL CORPORATE BONDS (Cost - $11,545,287)						10,727,818

SHORT-TERM INVESTMENTS – 2.2%
TIME DEPOSITS – 2.2%
Citibank, New York	4.68	11/01/23		236,677		236,677
TOTAL SHORT-TERM INVESTMENTS (Cost - $236,677)						236,677

TOTAL INVESTMENTS – 99.8% (Cost - $11,781,964)					$	10,964,495
OTHER ASSETS LESS LIABILITIES – 0.2%						23,950
NET ASSETS – 100.0%					$	10,988,445

⁽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 October 31, 2023, amounts to $8,145,022 and represents 74.1% 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.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
CORPORATE BONDS – 97.7%
ADVERTISING – 1.4%
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	4.25	01/15/29	$	115,000	$	93,786
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	4.63	03/15/30		108,000		86,774
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	5.00	08/15/27		143,000		127,147
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	6.25	06/15/25		95,000		93,785
						401,492
BANKS – 8.9%
Associated Banc-Corp.	4.25	01/15/25		55,000		52,736
Dresdner Funding Trust I⁽¹⁾	8.15	06/30/31		225,000		235,828
Freedom Mortgage Corp.⁽¹⁾	6.63	01/15/27		125,000		108,303
Freedom Mortgage Corp.⁽¹⁾	7.63	05/01/26		115,000		105,940
Freedom Mortgage Corp.⁽¹⁾	12.00	10/01/28		180,000		180,763
Freedom Mortgage Corp.⁽¹⁾	12.25	10/01/30		110,000		110,146
Intesa Sanpaolo SpA⁽¹⁾	4.20	06/01/32		170,000		120,950
Intesa Sanpaolo SpA⁽¹⁾	4.95	06/01/42		165,000		96,897
Intesa Sanpaolo SpA⁽¹⁾	5.71	01/15/26		345,000		327,392
Pacific Western Bank	3.25	05/01/31		90,000		66,798
Popular, Inc.	7.25	03/13/28		90,000		89,329
Standard Chartered PLC^(1),(2)	7.01	-		165,000		151,834
Texas Capital Bancshares, Inc.	4.00	05/06/31		85,000		70,188
UniCredit SpA⁽¹⁾	5.46	06/30/35		337,000		276,615
UniCredit SpA⁽¹⁾	5.86	06/19/32		232,000		208,809
UniCredit SpA⁽¹⁾	7.30	04/02/34		282,000		261,770
Valley National Bancorp	3.00	06/15/31		65,000		52,017
Western Alliance Bancorp.	3.00	06/15/31		140,000		107,310
						2,623,625
COMMERCIAL SERVICES – 5.3%
Block, Inc.	2.75	06/01/26		225,000		202,128
Block, Inc.	3.50	06/01/31		227,000		175,416
CoreCivic, Inc.	4.75	10/15/27		55,000		47,830
CoreCivic, Inc.	8.25	04/15/26		132,000		133,759
CPI CG, Inc.⁽¹⁾	8.63	03/15/26		63,000		60,098
GEO Group, Inc.	10.50	06/30/28		65,000		64,893
GTCR W-2 Merger Sub LLC⁽¹⁾	7.50	01/15/31		495,000		489,184
Mobius Merger Sub, Inc.⁽¹⁾	9.00	06/01/30		115,000		103,197
Paysafe Finance PLC/Paysafe Holdings US Corp.⁽¹⁾	4.00	06/15/29		80,000		64,437
PROG Holdings, Inc.⁽¹⁾	6.00	11/15/29		135,000		114,572
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.⁽¹⁾	4.63	11/01/26		100,000		92,490
						1,548,004
DIVERSIFIED FINANCIAL SERVICES – 31.1%
AG Issuer LLC⁽¹⁾	6.25	03/01/28		115,000		106,067
AG TTMT Escrow Issuer LLC⁽¹⁾	8.63	09/30/27		105,000		105,590
Ally Financial, Inc.	5.75	11/20/25		240,000		229,323
Ally Financial, Inc.	6.70	02/14/33		110,000		92,510
Aretec Escrow Issuer, Inc.⁽¹⁾	7.50	04/01/29		90,000		76,445
Armor Holdco, Inc.⁽¹⁾	8.50	11/15/29		80,000		69,891
Brightsphere Investment Group, Inc.	4.80	07/27/26		60,000		54,536

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
DIVERSIFIED FINANCIAL SERVICES – 31.1% (Continued)
Burford Capital Global Finance LLC⁽¹⁾	6.25	04/15/28	$	90,000	$	81,543
Burford Capital Global Finance LLC⁽¹⁾	6.88	04/15/30		80,000		72,094
Burford Capital Global Finance LLC⁽¹⁾	9.25	07/01/31		85,000		84,001
Castlelake Aviation Finance DAC⁽¹⁾	5.00	04/15/27		95,000		83,918
Coinbase Global, Inc.⁽¹⁾	3.38	10/01/28		225,000		165,412
Coinbase Global, Inc.⁽¹⁾	3.63	10/01/31		170,000		115,734
Credit Acceptance Corp.⁽¹⁾	5.13	12/31/24		90,000		87,309
Credit Acceptance Corp.	6.63	03/15/26		90,000		85,535
Curo Group Holdings Corp.⁽¹⁾	7.50	08/01/28		160,000		63,200
Curo Group Holdings Corp.⁽¹⁾	7.50	08/01/28		65,000		15,031
Enova International, Inc.⁽¹⁾	8.50	09/15/25		85,000		80,027
Finance of America Funding LLC⁽¹⁾	7.88	11/15/25		80,000		66,011
GGAM Finance Ltd.⁽¹⁾	7.75	05/15/26		90,000		89,379
GGAM Finance Ltd.⁽¹⁾	8.00	06/15/28		130,000		128,371
goeasy Ltd.⁽¹⁾	4.38	05/01/26		75,000		67,838
goeasy Ltd.⁽¹⁾	5.38	12/01/24		117,000		114,797
Hightower Holding LLC⁽¹⁾	6.75	04/15/29		70,000		59,775
Jane Street Group/JSG Finance, Inc.⁽¹⁾	4.50	11/15/29		138,000		117,752
Jefferies Finance LLC/JFIN Co.-Issuer Corp.⁽¹⁾	5.00	08/15/28		227,000		181,421
Jefferson Capital Holdings LLC⁽¹⁾	6.00	08/15/26		70,000		61,204
LD Holdings Group LLC⁽¹⁾	6.13	04/01/28		140,000		77,176
LD Holdings Group LLC⁽¹⁾	6.50	11/01/25		110,000		88,578
LFS Topco LLC⁽¹⁾	5.88	10/15/26		70,000		59,091
Macquarie Airfinance Holdings Ltd.⁽¹⁾	8.13	03/30/29		115,000		113,391
Macquarie Airfinance Holdings Ltd.⁽¹⁾	8.38	05/01/28		115,000		114,753
Midcap Financial Issuer Trust⁽¹⁾	5.63	01/15/30		90,000		69,357
Midcap Financial Issuer Trust⁽¹⁾	6.50	05/01/28		230,000		195,164
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.00	02/01/26		108,000		100,495
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.13	12/15/30		150,000		121,551
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.50	08/15/28		195,000		172,547
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.75	11/15/31		135,000		112,556
Nationstar Mortgage Holdings, Inc.⁽¹⁾	6.00	01/15/27		137,000		127,463
Navient Corp.	4.88	03/15/28		130,000		106,909
Navient Corp.	5.00	03/15/27		165,000		145,090
Navient Corp.	5.50	03/15/29		135,000		109,507
Navient Corp.	5.63	08/01/33		124,000		84,075
Navient Corp.	6.75	06/25/25		115,000		112,285
Navient Corp.	6.75	06/15/26		95,000		90,100
Navient Corp.	9.38	07/25/30		145,000		136,807
NFP Corp.⁽¹⁾	4.88	08/15/28		125,000		109,574
NFP Corp.⁽¹⁾	6.88	08/15/28		475,000		406,246
NFP Corp.⁽¹⁾	7.50	10/01/30		80,000		75,849
NFP Corp.⁽¹⁾	8.50	10/01/31		75,000		73,812
OneMain Finance Corp.	3.50	01/15/27		170,000		143,800
OneMain Finance Corp.	3.88	09/15/28		138,000		109,241
OneMain Finance Corp.	4.00	09/15/30		187,000		137,007
OneMain Finance Corp.	5.38	11/15/29		145,000		119,379
OneMain Finance Corp.	6.63	01/15/28		170,000		154,821

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
DIVERSIFIED FINANCIAL SERVICES – 31.1% (Continued)
OneMain Finance Corp.	6.88	03/15/25	$	275,000	$	271,610
OneMain Finance Corp.	7.13	03/15/26		357,000		347,159
OneMain Finance Corp.	9.00	01/15/29		110,000		107,156
Osaic Holdings, Inc.⁽¹⁾	10.75	08/01/27		95,000		94,539
Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.⁽¹⁾	6.38	02/01/27		90,000		82,107
PennyMac Financial Services, Inc.⁽¹⁾	4.25	02/15/29		150,000		122,683
PennyMac Financial Services, Inc.⁽¹⁾	5.38	10/15/25		145,000		138,252
PennyMac Financial Services, Inc.⁽¹⁾	5.75	09/15/31		115,000		93,877
PHH Mortgage Corp.⁽¹⁾	7.88	03/15/26		85,000		73,424
PRA Group, Inc.⁽¹⁾	5.00	10/01/29		82,000		54,502
PRA Group, Inc.⁽¹⁾	7.38	09/01/25		70,000		65,522
PRA Group, Inc.⁽¹⁾	8.38	02/01/28		80,000		65,950
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	2.88	10/15/26		260,000		226,645
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	3.63	03/01/29		170,000		138,381
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	3.88	03/01/31		289,000		223,810
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	4.00	10/15/33		185,000		136,191
SLM Corp.	3.13	11/02/26		115,000		100,112
SLM Corp.	4.20	10/29/25		115,000		107,086
StoneX Group, Inc.⁽¹⁾	8.63	06/15/25		80,000		80,341
Synchrony Financial	7.25	02/02/33		170,000		144,255
United Wholesale Mortgage LLC⁽¹⁾	5.50	11/15/25		185,000		176,066
United Wholesale Mortgage LLC⁽¹⁾	5.50	04/15/29		160,000		134,178
United Wholesale Mortgage LLC⁽¹⁾	5.75	06/15/27		108,000		98,382
World Acceptance Corp.⁽¹⁾	7.00	11/01/26		65,000		52,959
						9,156,525
ELECTRIC – 0.2%
Terraform Global Operating LP⁽¹⁾	6.13	03/01/26		80,000		76,980

ELECTRONICS – 0.3%
Likewize Corp.⁽¹⁾	9.75	10/15/25		95,000		94,441

ENGINEERING & CONSTRUCTION – 0.2%
INNOVATE Corp.⁽¹⁾	8.50	02/01/26		70,000		54,007

INSURANCE – 14.3%
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	4.25	02/15/29		160,000		131,377
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	6.00	08/01/29		117,000		94,496
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	7.00	11/15/25		237,000		230,114
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	10.13	08/01/26		60,000		60,436
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	4.25	10/15/27		172,000		151,395
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	5.88	11/01/29		97,000		80,660
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	6.75	10/15/27		305,000		278,810
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	6.75	04/15/28		285,000		271,125
AmWINS Group, Inc.⁽¹⁾	4.88	06/30/29		175,000		150,018
Assurant, Inc.	7.00	03/27/48		90,000		86,578
AssuredPartners, Inc.⁽¹⁾	5.63	01/15/29		120,000		101,915
AssuredPartners, Inc.⁽¹⁾	7.00	08/15/25		117,000		114,885

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
INSURANCE – 14.3% (Continued)
BroadStreet Partners, Inc.⁽¹⁾	5.88	04/15/29	$	165,000	$	144,002
Constellation Insurance, Inc.⁽¹⁾	6.63	05/01/31		55,000		47,716
Constellation Insurance, Inc.⁽¹⁾	6.80	01/24/30		90,000		77,105
Genworth Holdings, Inc.	6.50	06/15/34		60,000		52,158
Global Atlantic Finance Co.⁽¹⁾	4.70	10/15/51		170,000		118,585
GTCR AP Finance, Inc.⁽¹⁾	8.00	05/15/27		103,000		100,376
HUB International Ltd.⁽¹⁾	5.63	12/01/29		125,000		107,770
HUB International Ltd.⁽¹⁾	7.00	05/01/26		380,000		370,248
HUB International Ltd.⁽¹⁾	7.25	06/15/30		490,000		478,475
Jones Deslauriers Insurance Management, Inc.⁽¹⁾	8.50	03/15/30		165,000		162,267
Jones Deslauriers Insurance Management, Inc.⁽¹⁾	10.50	12/15/30		70,000		69,541
Liberty Mutual Group, Inc.⁽¹⁾	4.13	12/15/51		105,000		83,543
Liberty Mutual Group, Inc.⁽¹⁾	4.30	02/01/61		180,000		94,194
Liberty Mutual Group, Inc.⁽¹⁾	7.80	03/15/37		95,000		91,512
MGIC Investment Corp.	5.25	08/15/28		150,000		138,023
NMI Holdings, Inc.⁽¹⁾	7.38	06/01/25		90,000		90,215
Ryan Specialty LLC⁽¹⁾	4.38	02/01/30		90,000		77,200
USI, Inc./NY⁽¹⁾	6.88	05/01/25		143,000		141,841
						4,196,580
INTERNET – 0.2%
Acuris Finance US, Inc./Acuris Finance Sarl⁽¹⁾	5.00	05/01/28		80,000		63,076

INVESTMENT COMPANIES – 3.7%
Compass Group Diversified Holdings LLC⁽¹⁾	5.00	01/15/32		70,000		55,171
Compass Group Diversified Holdings LLC⁽¹⁾	5.25	04/15/29		227,000		194,080
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	4.38	02/01/29		170,000		131,100
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	5.25	05/15/27		330,000		282,818
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	6.25	05/15/26		282,000		257,995
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	6.38	12/15/25		170,000		160,090
						1,081,254
OIL & GAS – 0.2%
Greenfire Resources Ltd.⁽¹⁾	12.00	10/01/28		65,000		64,741

PIPELINES – 0.4%
FTAI Infra Escrow Holdings LLC⁽¹⁾	10.50	06/01/27		130,000		126,482

REAL ESTATE INVESTMENT TRUST (REITS) – 28.2%
Apollo Commercial Real Estate Finance, Inc.⁽¹⁾	4.63	06/15/29		117,000		89,688
Blackstone Mortgage Trust, Inc.⁽¹⁾	3.75	01/15/27		82,000		68,262
Brandywine Operating Partnership LP	3.95	11/15/27		100,000		82,946
Brandywine Operating Partnership LP	4.55	10/01/29		75,000		57,474
Brandywine Operating Partnership LP	7.80	03/15/28		75,000		67,662
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/ GGSI Sellco LL⁽¹⁾	4.50	04/01/27		170,000		142,010
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/ GGSI Sellco LL⁽¹⁾	5.75	05/15/26		213,000		195,275

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
REAL ESTATE INVESTMENT TRUST (REITS) – 28.2% (Continued)
CTR Partnership LP/CareTrust Capital Corp.⁽¹⁾	3.88	06/30/28	$	90,000	$	75,716
Diversified Healthcare Trust	4.38	03/01/31		120,000		82,703
Diversified Healthcare Trust	9.75	06/15/25		110,000		106,804
Global Net Lease, Inc./Global Net Lease Operating Partnership LP⁽¹⁾	3.75	12/15/27		115,000		87,118
HAT Holdings I LLC/HAT Holdings II LLC⁽¹⁾	3.38	06/15/26		225,000		198,300
HAT Holdings I LLC/HAT Holdings II LLC⁽¹⁾	3.75	09/15/30		85,000		61,109
HAT Holdings I LLC/HAT Holdings II LLC⁽¹⁾	6.00	04/15/25		90,000		87,549
Iron Mountain Information Management Services, Inc.⁽¹⁾	5.00	07/15/32		174,000		142,578
Iron Mountain, Inc.⁽¹⁾	4.50	02/15/31		250,000		204,767
Iron Mountain, Inc.⁽¹⁾	4.88	09/15/27		222,000		203,155
Iron Mountain, Inc.⁽¹⁾	4.88	09/15/29		225,000		196,259
Iron Mountain, Inc.⁽¹⁾	5.00	07/15/28		105,000		94,082
Iron Mountain, Inc.⁽¹⁾	5.25	03/15/28		190,000		174,009
Iron Mountain, Inc.⁽¹⁾	5.25	07/15/30		295,000		256,515
Iron Mountain, Inc.⁽¹⁾	5.63	07/15/32		135,000		115,480
Iron Mountain, Inc.⁽¹⁾	7.00	02/15/29		230,000		223,080
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.⁽¹⁾	4.25	02/01/27		130,000		113,697
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.⁽¹⁾	4.75	06/15/29		147,000		118,411
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.⁽¹⁾	5.25	10/01/25		76,000		72,325
MPT Operating Partnership LP/MPT Finance Corp.	3.50	03/15/31		293,000		177,970
MPT Operating Partnership LP/MPT Finance Corp.	4.63	08/01/29		207,000		143,712
MPT Operating Partnership LP/MPT Finance Corp.	5.00	10/15/27		320,000		247,522
MPT Operating Partnership LP/MPT Finance Corp.	5.25	08/01/26		110,000		94,817
Necessity Retail REIT, Inc./American Finance Operating Partner LP⁽¹⁾	4.50	09/30/28		117,000		87,728
Office Properties Income Trust	2.40	02/01/27		75,000		41,924
Office Properties Income Trust	2.65	06/15/26		65,000		42,800
Office Properties Income Trust	3.45	10/15/31		93,000		45,672
Office Properties Income Trust	4.50	02/01/25		150,000		128,413
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer⁽¹⁾	4.88	05/15/29		170,000		142,025
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer⁽¹⁾	5.88	10/01/28		165,000		148,772
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer⁽¹⁾	7.50	06/01/25		150,000		148,600
RHP Hotel Properties LP/RHP Finance Corp.⁽¹⁾	4.50	02/15/29		142,000		120,998
RHP Hotel Properties LP/RHP Finance Corp.	4.75	10/15/27		155,000		141,038
RHP Hotel Properties LP/RHP Finance Corp.⁽¹⁾	7.25	07/15/28		90,000		87,331
Rithm Capital Corp.⁽¹⁾	6.25	10/15/25		122,000		115,571
RLJ Lodging Trust LP⁽¹⁾	3.75	07/01/26		115,000		103,609
RLJ Lodging Trust LP⁽¹⁾	4.00	09/15/29		115,000		93,859
SBA Communications Corp.	3.13	02/01/29		340,000		281,455
SBA Communications Corp.	3.88	02/15/27		341,000		310,839
Service Properties Trust	3.95	01/15/28		87,000		65,128
Service Properties Trust	4.38	02/15/30		85,000		58,723
Service Properties Trust	4.50	03/15/25		80,000		74,789
Service Properties Trust	4.75	10/01/26		107,000		91,075
Service Properties Trust	4.95	02/15/27		100,000		83,353
Service Properties Trust	4.95	10/01/29		95,000		68,584
Service Properties Trust	5.25	02/15/26		75,000		67,148

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
REAL ESTATE INVESTMENT TRUST (REITS) – 28.2% (Continued)
Service Properties Trust	5.50	12/15/27	$	100,000	$	84,526
Service Properties Trust	7.50	09/15/25		180,000		175,076
Starwood Property Trust, Inc.⁽¹⁾	3.63	07/15/26		90,000		79,568
Starwood Property Trust, Inc.⁽¹⁾	3.75	12/31/24		90,000		85,138
Starwood Property Trust, Inc.⁽¹⁾	4.38	01/15/27		115,000		98,780
Starwood Property Trust, Inc.	4.75	03/15/25		115,000		110,169
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC⁽¹⁾	6.00	01/15/30		160,000		97,167
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC⁽¹⁾	4.75	04/15/28		125,000		101,141
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC⁽¹⁾	6.50	02/15/29		252,000		163,949
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC⁽¹⁾	10.50	02/15/28		590,000		568,585
XHR LP⁽¹⁾	4.88	06/01/29		110,000		93,180
XHR LP⁽¹⁾	6.38	08/15/25		105,000		101,953
						8,289,661
RETAIL – 0.7%
FirstCash, Inc.⁽¹⁾	4.63	09/01/28		110,000		96,603
FirstCash, Inc.⁽¹⁾	5.63	01/01/30		128,000		114,111
						210,714
SOFTWARE – 0.3%
ACI Worldwide, Inc.⁽¹⁾	5.75	08/15/26		90,000		86,485

TRANSPORTATION – 0.4%
Cargo Aircraft Management, Inc.⁽¹⁾	4.75	02/01/28		132,000		116,646

TRUCKING & LEASING – 1.9%
AerCap Global Aviation Trust⁽¹⁾	6.50	06/15/45		112,000		109,990
Fortress Transportation & Infrastructure Investors LLC⁽¹⁾	5.50	05/01/28		230,000		209,416
Fortress Transportation & Infrastructure Investors LLC⁽¹⁾	6.50	10/01/25		150,000		148,668
Fortress Transportation & Infrastructure Investors LLC⁽¹⁾	9.75	08/01/27		85,000		87,542
						555,616
TOTAL CORPORATE BONDS (Cost - $29,699,477)						28,746,329

SHORT-TERM INVESTMENTS – 1.0%
TIME DEPOSITS – 1.0%
Sumitomo, Tokyo	4.68	11/01/23		289,034		289,034
TOTAL SHORT-TERM INVESTMENTS (Cost - $289,034)						289,034

TOTAL INVESTMENTS – 98.7% (Cost - $29,988,511)					$	29,035,363
OTHER ASSETS LESS LIABILITIES – 1.3%						370,291
NET ASSETS – 100.0%					$	29,405,654

	⁽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 October 31, 2023, amounts to $20,654,538 and represents 70.2% 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.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Energy Sector ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
CORPORATE BONDS – 98.4%
CHEMICALS – 1.2%
Methanex Corp.	4.25	12/01/24	$	45,000	$	43,987
Methanex Corp.	5.13	10/15/27		100,000		91,608
Methanex Corp.	5.25	12/15/29		100,000		88,533
Methanex Corp.	5.65	12/01/44		45,000		33,293
						257,421
OIL & GAS – 50.7%
Aethon United BR LP/Aethon United Finance Corp.⁽¹⁾	8.25	02/15/26		105,000		104,388
Antero Resources Corp.⁽¹⁾	5.38	03/01/30		80,000		73,074
Antero Resources Corp.⁽¹⁾	7.63	02/01/29		61,000		61,822
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	5.88	06/30/29		65,000		57,488
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	7.00	11/01/26		85,000		82,163
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	8.25	12/31/28		65,000		64,605
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	9.00	11/01/27		55,000		69,672
Baytex Energy Corp.⁽¹⁾	8.50	04/30/30		120,000		118,966
Baytex Energy Corp.⁽¹⁾	8.75	04/01/27		55,000		55,489
Berry Petroleum Co. LLC⁽¹⁾	7.00	02/15/26		60,000		57,651
California Resources Corp.⁽¹⁾	7.13	02/01/26		82,000		82,389
Callon Petroleum Co.	6.38	07/01/26		40,000		39,102
Callon Petroleum Co.⁽¹⁾	7.50	06/15/30		90,000		87,268
Callon Petroleum Co.⁽¹⁾	8.00	08/01/28		95,000		93,986
Calumet Specialty Products Partners LP/Calumet Finance Corp.⁽¹⁾	8.13	01/15/27		45,000		42,076
Calumet Specialty Products Partners LP/Calumet Finance Corp.⁽¹⁾	9.75	07/15/28		45,000		42,043
Calumet Specialty Products Partners LP/Calumet Finance Corp.⁽¹⁾	11.00	04/15/25		64,000		64,233
Chesapeake Energy Corp.⁽¹⁾	5.50	02/01/26		75,000		72,882
Chesapeake Energy Corp.⁽¹⁾	5.88	02/01/29		75,000		70,686
Chesapeake Energy Corp.⁽¹⁾	6.75	04/15/29		130,000		127,325
Chord Energy Corp.⁽¹⁾	6.38	06/01/26		60,000		58,965
CITGO Petroleum Corp.⁽¹⁾	6.38	06/15/26		85,000		83,592
CITGO Petroleum Corp.⁽¹⁾	7.00	06/15/25		170,000		167,220
CITGO Petroleum Corp.⁽¹⁾	8.38	01/15/29		160,000		158,617
Civitas Resources, Inc.⁽¹⁾	5.00	10/15/26		65,000		60,884
Civitas Resources, Inc.⁽¹⁾	8.38	07/01/28		205,000		206,519
Civitas Resources, Inc.⁽¹⁾	8.63	11/01/30		120,000		122,266
Civitas Resources, Inc.⁽¹⁾	8.75	07/01/31		200,000		202,103
CNX Resources Corp.⁽¹⁾	6.00	01/15/29		67,000		61,502
CNX Resources Corp.⁽¹⁾	7.25	03/14/27		55,000		54,180
CNX Resources Corp.⁽¹⁾	7.38	01/15/31		74,000		70,786
Comstock Resources, Inc.⁽¹⁾	5.88	01/15/30		140,000		119,847
Comstock Resources, Inc.⁽¹⁾	6.75	03/01/29		175,000		159,408
Crescent Energy Finance LLC⁽¹⁾	7.25	05/01/26		95,000		92,060
Crescent Energy Finance LLC⁽¹⁾	9.25	02/15/28		125,000		126,018
CrownRock LP/CrownRock Finance, Inc.⁽¹⁾	5.00	05/01/29		55,000		51,925
CrownRock LP/CrownRock Finance, Inc.⁽¹⁾	5.63	10/15/25		125,000		123,075
CVR Energy, Inc.⁽¹⁾	5.25	02/15/25		80,000		78,548
CVR Energy, Inc.⁽¹⁾	5.75	02/15/28		60,000		53,964
Diamond Foreign Asset Co./Diamond Finance LLC⁽¹⁾	8.50	10/01/30		80,000		78,050

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Energy Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
OIL & GAS – 50.7% (Continued)
Earthstone Energy Holdings LLC⁽¹⁾	8.00	04/15/27	$	80,000	$	81,235
Earthstone Energy Holdings LLC⁽¹⁾	9.88	07/15/31		75,000		80,850
Encino Acquisition Partners Holdings LLC⁽¹⁾	8.50	05/01/28		97,000		94,661
Endeavor Energy Resources LP/EER Finance, Inc.⁽¹⁾	5.75	01/30/28		135,000		129,641
Energean PLC⁽¹⁾	6.50	04/30/27		70,000		58,647
EnQuest PLC⁽¹⁾	11.63	11/01/27		45,000		42,527
Global Marine, Inc.	7.00	06/01/28		40,000		33,700
Gran Tierra Energy International Holdings Ltd.⁽¹⁾	6.25	02/15/25		40,000		37,224
Gran Tierra Energy, Inc.⁽¹⁾	7.75	05/23/27		48,000		40,786
Gran Tierra Energy, Inc.⁽¹⁾	9.50	10/15/29		45,000		38,687
Gulfport Energy Corp.⁽¹⁾	8.00	05/17/26		60,000		59,963
Harbour Energy PLC⁽¹⁾	5.50	10/15/26		75,000		69,555
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	5.75	02/01/29		85,000		76,616
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.00	04/15/30		75,000		66,671
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.00	02/01/31		80,000		70,378
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.25	11/01/28		90,000		84,235
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.25	04/15/32		70,000		61,214
Ithaca Energy North Sea PLC⁽¹⁾	9.00	07/15/26		95,000		91,384
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.⁽¹⁾	6.00	08/01/26		60,000		57,663
Matador Resources Co.	5.88	09/15/26		95,000		91,629
Matador Resources Co.⁽¹⁾	6.88	04/15/28		75,000		73,576
MEG Energy Corp.⁽¹⁾	5.88	02/01/29		90,000		84,191
MEG Energy Corp.⁽¹⁾	7.13	02/01/27		45,000		45,365
Moss Creek Resources Holdings, Inc.⁽¹⁾	7.50	01/15/26		105,000		100,379
Moss Creek Resources Holdings, Inc.⁽¹⁾	10.50	05/15/27		51,000		50,468
Murphy Oil Corp.	5.88	12/01/27		85,000		81,817
Murphy Oil Corp.	5.88	12/01/42		45,000		34,624
Murphy Oil Corp.	6.38	07/15/28		55,000		53,322
Murphy Oil Corp.	7.05	05/01/29		40,000		39,259
Nabors Industries Ltd.⁽¹⁾	7.25	01/15/26		85,000		79,920
Nabors Industries Ltd.⁽¹⁾	7.50	01/15/28		60,000		53,046
Nabors Industries, Inc.	5.75	02/01/25		70,000		68,171
Nabors Industries, Inc.⁽¹⁾	7.38	05/15/27		90,000		83,746
Neptune Energy Bondco PLC⁽¹⁾	6.63	05/15/25		119,000		117,920
Noble Finance II LLC⁽¹⁾	8.00	04/15/30		90,000		90,040
Northern Oil & Gas, Inc.⁽¹⁾	8.13	03/01/28		105,000		103,775
Northern Oil & Gas, Inc.⁽¹⁾	8.75	06/15/31		70,000		69,734
Parkland Corp.⁽¹⁾	4.50	10/01/29		120,000		103,330
Parkland Corp.⁽¹⁾	4.63	05/01/30		111,000		94,749
Parkland Corp.⁽¹⁾	5.88	07/15/27		75,000		71,881
PBF Holding Co. LLC/PBF Finance Corp.	6.00	02/15/28		120,000		110,458
PBF Holding Co. LLC/PBF Finance Corp.⁽¹⁾	7.88	09/15/30		70,000		67,625
Permian Resources Operating LLC⁽¹⁾	5.38	01/15/26		45,000		43,246
Permian Resources Operating LLC⁽¹⁾	5.88	07/01/29		97,000		90,370
Permian Resources Operating LLC⁽¹⁾	6.88	04/01/27		50,000		49,235
Permian Resources Operating LLC⁽¹⁾	7.00	01/15/32		70,000		67,925
Permian Resources Operating LLC⁽¹⁾	7.75	02/15/26		50,000		50,009
Petrofac Ltd.⁽¹⁾	9.75	11/15/26		90,000		61,339

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Energy Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
OIL & GAS – 50.7% (Continued)
Precision Drilling Corp.⁽¹⁾	6.88	01/15/29	$	60,000	$	55,613
Precision Drilling Corp.⁽¹⁾	7.13	01/15/26		45,000		44,382
Range Resources Corp.⁽¹⁾	4.75	02/15/30		63,000		56,012
Range Resources Corp.	4.88	05/15/25		105,000		102,214
Range Resources Corp.	8.25	01/15/29		90,000		92,001
Rockcliff Energy II LLC⁽¹⁾	5.50	10/15/29		105,000		94,886
Seadrill Finance Ltd.⁽¹⁾	8.38	08/01/30		85,000		85,120
Sitio Royalties Operating Partnership LP/Sitio Finance Corp.⁽¹⁾	7.88	11/01/28		85,000		83,930
SM Energy Co.	5.63	06/01/25		55,000		53,591
SM Energy Co.	6.50	07/15/28		60,000		57,821
SM Energy Co.	6.63	01/15/27		60,000		58,363
SM Energy Co.	6.75	09/15/26		55,000		54,074
Southwestern Energy Co.	4.75	02/01/32		165,000		142,058
Southwestern Energy Co.	5.38	02/01/29		105,000		97,098
Southwestern Energy Co.	5.38	03/15/30		175,000		160,691
Southwestern Energy Co.	5.70	01/23/25		40,000		39,556
Southwestern Energy Co.	8.38	09/15/28		55,000		56,842
Strathcona Resources Ltd./Alberta⁽¹⁾	6.88	08/01/26		75,000		69,261
Sunoco LP/Sunoco Finance Corp.	4.50	05/15/29		120,000		104,088
Sunoco LP/Sunoco Finance Corp.	4.50	04/30/30		110,000		94,069
Sunoco LP/Sunoco Finance Corp.	5.88	03/15/28		55,000		52,085
Sunoco LP/Sunoco Finance Corp.	6.00	04/15/27		90,000		86,745
Sunoco LP/Sunoco Finance Corp.⁽¹⁾	7.00	09/15/28		70,000		68,199
Talos Production, Inc.	12.00	01/15/26		95,000		98,809
Teine Energy Ltd.⁽¹⁾	6.88	04/15/29		60,000		55,624
Transocean Aquila Ltd.⁽¹⁾	8.00	09/30/28		35,000		34,521
Transocean Poseidon Ltd.⁽¹⁾	6.88	02/01/27		48,750		47,820
Transocean Titan Financing Ltd.⁽¹⁾	8.38	02/01/28		80,000		80,403
Transocean, Inc.	6.80	03/15/38		90,000		64,326
Transocean, Inc.⁽¹⁾	7.25	11/01/25		54,000		52,738
Transocean, Inc.⁽¹⁾	7.50	01/15/26		85,000		81,485
Transocean, Inc.	7.50	04/15/31		60,000		48,534
Transocean, Inc.⁽¹⁾	8.00	02/01/27		85,000		79,858
Transocean, Inc.⁽¹⁾	8.75	02/15/30		171,000		170,641
Transocean, Inc.⁽¹⁾	11.50	01/30/27		105,000		109,353
Valaris Ltd.⁽¹⁾	8.38	04/30/30		155,000		152,232
Vermilion Energy, Inc.⁽¹⁾	5.63	03/15/25		33,000		32,210
Vermilion Energy, Inc.⁽¹⁾	6.88	05/01/30		61,000		56,977
Viper Energy Partners LP⁽¹⁾	5.38	11/01/27		65,000		61,668
Viper Energy Partners LP⁽¹⁾	7.38	11/01/31		50,000		49,922
Vital Energy, Inc.⁽¹⁾	7.75	07/31/29		44,000		39,886
Vital Energy, Inc.	9.50	01/15/25		62,000		62,348
Vital Energy, Inc.	9.75	10/15/30		75,000		73,574
Vital Energy, Inc.	10.13	01/15/28		100,000		100,353
W&T Offshore, Inc.⁽¹⁾	11.75	02/01/26		35,000		36,184
						10,401,788

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Energy Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
OIL & GAS SERVICES – 4.9%
Archrock Partners LP/Archrock Partners Finance Corp.⁽¹⁾	6.25	04/01/28	$	110,000	$	102,281
Archrock Partners LP/Archrock Partners Finance Corp.⁽¹⁾	6.88	04/01/27		75,000		72,175
Bristow Group, Inc.⁽¹⁾	6.88	03/01/28		60,000		55,639
CGG SA⁽¹⁾	8.75	04/01/27		75,000		66,264
CSI Compressco LP/CSI Compressco Finance, Inc.⁽¹⁾	7.50	04/01/25		55,000		53,260
Enerflex Ltd.⁽¹⁾	9.00	10/15/27		95,000		86,546
Oceaneering International, Inc.	6.00	02/01/28		45,000		41,337
USA Compression Partners LP/USA Compression Finance Corp.	6.88	04/01/26		110,000		106,936
USA Compression Partners LP/USA Compression Finance Corp.	6.88	09/01/27		100,000		95,915
Weatherford International Ltd.⁽¹⁾	6.50	09/15/28		42,000		42,261
Weatherford International Ltd.⁽¹⁾	8.63	04/30/30		229,000		231,612
Welltec International ApS⁽¹⁾	8.25	10/15/26		50,000		50,724
						1,004,950
PIPELINES – 40.9%
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	5.38	06/15/29		113,000		102,714
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	5.75	03/01/27		85,000		81,322
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	5.75	01/15/28		95,000		89,156
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	7.88	05/15/26		80,000		80,645
Blue Racer Midstream LLC/Blue Racer Finance Corp.⁽¹⁾	6.63	07/15/26		45,000		44,188
Blue Racer Midstream LLC/Blue Racer Finance Corp.⁽¹⁾	7.63	12/15/25		90,000		90,210
Buckeye Partners LP	3.95	12/01/26		85,000		77,560
Buckeye Partners LP⁽¹⁾	4.13	03/01/25		70,000		66,736
Buckeye Partners LP	4.13	12/01/27		60,000		52,194
Buckeye Partners LP⁽¹⁾	4.50	03/01/28		80,000		69,688
Buckeye Partners LP	5.60	10/15/44		30,000		20,168
Buckeye Partners LP	5.85	11/15/43		60,000		42,461
CNX Midstream Partners LP⁽¹⁾	4.75	04/15/30		60,000		49,502
CQP Holdco LP/BIP-V Chinook Holdco LLC⁽¹⁾	5.50	06/15/31		200,000		174,173
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	5.63	05/01/27		85,000		81,844
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.	5.75	04/01/25		65,000		64,250
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	6.00	02/01/29		105,000		101,704
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	7.38	02/01/31		90,000		90,810
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	8.00	04/01/29		65,000		66,503
Delek Logistics Partners LP/Delek Logistics Finance Corp.⁽¹⁾	7.13	06/01/28		60,000		54,661
DT Midstream, Inc.⁽¹⁾	4.13	06/15/29		155,000		133,418
DT Midstream, Inc.⁽¹⁾	4.38	06/15/31		150,000		124,717
EnLink Midstream LLC	5.38	06/01/29		75,000		68,689
EnLink Midstream LLC⁽¹⁾	5.63	01/15/28		75,000		70,792
EnLink Midstream LLC⁽¹⁾	6.50	09/01/30		140,000		134,507
EnLink Midstream Partners LP	4.15	06/01/25		59,000		56,805
EnLink Midstream Partners LP	4.85	07/15/26		75,000		70,574
EnLink Midstream Partners LP	5.05	04/01/45		50,000		35,899
EnLink Midstream Partners LP	5.45	06/01/47		75,000		56,460
EnLink Midstream Partners LP	5.60	04/01/44		60,000		47,240
EQM Midstream Partners LP	4.13	12/01/26		75,000		69,646
EQM Midstream Partners LP⁽¹⁾	4.50	01/15/29		120,000		105,354
EQM Midstream Partners LP⁽¹⁾	4.75	01/15/31		145,000		122,250

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Energy Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
PIPELINES – 40.9% (Continued)
EQM Midstream Partners LP	5.50	07/15/28	$	120,000	$	112,108
EQM Midstream Partners LP⁽¹⁾	6.00	07/01/25		61,000		59,713
EQM Midstream Partners LP⁽¹⁾	6.50	07/01/27		123,000		119,676
EQM Midstream Partners LP	6.50	07/15/48		85,000		71,964
EQM Midstream Partners LP⁽¹⁾	7.50	06/01/27		75,000		74,355
EQM Midstream Partners LP⁽¹⁾	7.50	06/01/30		75,000		73,664
Genesis Energy LP/Genesis Energy Finance Corp.	6.25	05/15/26		50,000		47,702
Genesis Energy LP/Genesis Energy Finance Corp.	6.50	10/01/25		79,000		77,250
Genesis Energy LP/Genesis Energy Finance Corp.	7.75	02/01/28		100,000		94,249
Genesis Energy LP/Genesis Energy Finance Corp.	8.00	01/15/27		145,000		139,368
Genesis Energy LP/Genesis Energy Finance Corp.	8.88	04/15/30		65,000		62,890
Global Partners LP/GLP Finance Corp.	6.88	01/15/29		45,000		39,753
Global Partners LP/GLP Finance Corp.	7.00	08/01/27		60,000		56,604
Harvest Midstream I LP⁽¹⁾	7.50	09/01/28		120,000		113,829
Hess Midstream Operations LP⁽¹⁾	4.25	02/15/30		100,000		85,662
Hess Midstream Operations LP⁽¹⁾	5.13	06/15/28		80,000		73,943
Hess Midstream Operations LP⁽¹⁾	5.50	10/15/30		60,000		54,525
Hess Midstream Operations LP⁽¹⁾	5.63	02/15/26		120,000		116,330
Holly Energy Partners LP/Holly Energy Finance Corp.⁽¹⁾	5.00	02/01/28		75,000		69,502
Holly Energy Partners LP/Holly Energy Finance Corp.⁽¹⁾	6.38	04/15/27		60,000		58,147
Howard Midstream Energy Partners LLC⁽¹⁾	6.75	01/15/27		60,000		56,759
Howard Midstream Energy Partners LLC⁽¹⁾	8.88	07/15/28		75,000		75,462
ITT Holdings LLC⁽¹⁾	6.50	08/01/29		176,000		147,370
Kinetik Holdings LP⁽¹⁾	5.88	06/15/30		140,000		128,594
Martin Midstream Partners LP/Martin Midstream Finance Corp.⁽¹⁾	11.50	02/15/28		60,000		58,670
New Fortress Energy, Inc.⁽¹⁾	6.50	09/30/26		210,000		188,292
New Fortress Energy, Inc.⁽¹⁾	6.75	09/15/25		185,000		171,804
NGL Energy Operating LLC/NGL Energy Finance Corp.⁽¹⁾	7.50	02/01/26		290,000		283,348
NGL Energy Partners LP/NGL Energy Finance Corp.	6.13	03/01/25		45,000		43,979
NGL Energy Partners LP/NGL Energy Finance Corp.	7.50	04/15/26		50,000		47,752
Northriver Midstream Finance LP⁽¹⁾	5.63	02/15/26		80,000		75,726
NuStar Logistics LP	5.63	04/28/27		73,000		68,898
NuStar Logistics LP	5.75	10/01/25		90,000		87,191
NuStar Logistics LP	6.00	06/01/26		75,000		72,435
NuStar Logistics LP	6.38	10/01/30		90,000		83,341
Rockies Express Pipeline LLC⁽¹⁾	3.60	05/15/25		60,000		56,841
Rockies Express Pipeline LLC⁽¹⁾	4.80	05/15/30		40,000		33,671
Rockies Express Pipeline LLC⁽¹⁾	4.95	07/15/29		80,000		70,591
Rockies Express Pipeline LLC⁽¹⁾	6.88	04/15/40		75,000		62,497
Rockies Express Pipeline LLC⁽¹⁾	7.50	07/15/38		40,000		37,019
Summit Midstream Holdings LLC/Summit Midstream Finance Corp.	5.75	04/15/25		25,000		23,544
Summit Midstream Holdings LLC/Summit Midstream Finance Corp.^(1),(2)	9.00	10/15/26		122,000		117,240
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	5.50	01/15/28		120,000		105,234
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	6.00	03/01/27		50,000		45,796
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	6.00	12/31/30		100,000		84,286
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	6.00	09/01/31		71,000		59,818
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	7.50	10/01/25		90,000		88,756
TransMontaigne Partners LP/TLP Finance Corp.	6.13	02/15/26		45,000		38,445

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Energy Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
PIPELINES – 40.9% (Continued)
Venture Global Calcasieu Pass LLC⁽¹⁾	3.88	08/15/29	$	175,000	$	145,785
Venture Global Calcasieu Pass LLC⁽¹⁾	3.88	11/01/33		182,000		137,723
Venture Global Calcasieu Pass LLC⁽¹⁾	4.13	08/15/31		175,000		140,881
Venture Global Calcasieu Pass LLC⁽¹⁾	6.25	01/15/30		150,000		141,646
Venture Global LNG, Inc.⁽¹⁾	8.13	06/01/28		335,000		325,481
Venture Global LNG, Inc.⁽¹⁾	8.38	06/01/31		340,000		324,700
Venture Global LNG, Inc.⁽¹⁾	9.50	02/01/29		350,000		355,798
Venture Global LNG, Inc.⁽¹⁾	9.88	02/01/32		200,000		202,923
						8,386,370
RETAIL – 0.4%
Superior Plus LP/Superior General Partner, Inc.⁽¹⁾	4.50	03/15/29		90,000		76,857

WATER – 0.3%
Solaris Midstream Holdings LLC⁽¹⁾	7.63	04/01/26		60,000		57,289

TOTAL CORPORATE BONDS (Cost - $20,673,284)						20,184,675

SHORT-TERM INVESTMENTS – 0.7%
TIME DEPOSITS – 0.7%
ANZ National Bank, London	4.68	11/01/23		138,136		138,136
TOTAL SHORT-TERM INVESTMENTS (Cost - $138,136)						138,136

TOTAL INVESTMENTS – 99.1% (Cost - $20,811,420)					$	20,322,811
OTHER ASSETS LESS LIABILITIES – 0.9%						192,277
NET ASSETS – 100.0%					$	20,515,088

	⁽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 October 31, 2023, amounts to $15,602,325 and represents 76.1% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees.
	⁽²⁾	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 October 31, 2023.

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
CORPORATE BONDS – 97.9%
APPAREL – 2.2%
Crocs, Inc.⁽¹⁾	4.13	08/15/31	$	47,000	$	35,773
Crocs, Inc.⁽¹⁾	4.25	03/15/29		40,000		32,848
Hanesbrands, Inc.⁽¹⁾	4.88	05/15/26		108,000		99,348
Hanesbrands, Inc.⁽¹⁾	9.00	02/15/31		80,000		74,347
Kontoor Brands, Inc.⁽¹⁾	4.13	11/15/29		49,000		40,399
Levi Strauss & Co.⁽¹⁾	3.50	03/01/31		60,000		46,780
Under Armour, Inc.	3.25	06/15/26		75,000		68,377
William Carter Co.⁽¹⁾	5.63	03/15/27		60,000		56,912
Wolverine World Wide, Inc.⁽¹⁾	4.00	08/15/29		70,000		52,267
						507,051
AUTO MANUFACTURERS – 15.5%
Allison Transmission, Inc.⁽¹⁾	3.75	01/30/31		120,000		95,226
Allison Transmission, Inc.⁽¹⁾	4.75	10/01/27		40,000		36,520
Allison Transmission, Inc.⁽¹⁾	5.88	06/01/29		72,000		66,824
Aston Martin Capital Holdings Ltd.⁽¹⁾	10.50	11/30/25		140,000		138,603
Ford Holdings LLC	9.30	03/01/30		23,000		24,673
Ford Motor Co.	3.25	02/12/32		192,000		145,062
Ford Motor Co.	4.35	12/08/26		110,000		103,779
Ford Motor Co.	4.75	01/15/43		153,000		106,472
Ford Motor Co.	5.29	12/08/46		103,000		74,936
Ford Motor Co.	6.10	08/19/32		130,000		120,341
Ford Motor Co.	6.63	10/01/28		28,000		27,699
Ford Motor Co.	7.40	11/01/46		27,000		25,364
Ford Motor Co.	7.45	07/16/31		78,000		78,773
Ford Motor Co.	9.63	04/22/30		38,000		42,414
Ford Motor Credit Co. LLC	2.30	02/10/25		125,000		118,175
Ford Motor Credit Co. LLC	2.70	08/10/26		115,000		103,192
Ford Motor Credit Co. LLC	2.90	02/16/28		60,000		51,103
Ford Motor Credit Co. LLC	2.90	02/10/29		76,000		62,252
Ford Motor Credit Co. LLC	3.38	11/13/25		155,000		144,794
Ford Motor Credit Co. LLC	3.63	06/17/31		81,000		64,075
Ford Motor Credit Co. LLC	3.82	11/02/27		60,000		53,556
Ford Motor Credit Co. LLC	4.00	11/13/30		125,000		103,065
Ford Motor Credit Co. LLC	4.06	11/01/24		110,000		107,188
Ford Motor Credit Co. LLC	4.13	08/04/25		105,000		100,185
Ford Motor Credit Co. LLC	4.13	08/17/27		103,000		93,624
Ford Motor Credit Co. LLC	4.27	01/09/27		75,000		69,472
Ford Motor Credit Co. LLC	4.39	01/08/26		76,000		72,121
Ford Motor Credit Co. LLC	4.54	08/01/26		50,000		47,075
Ford Motor Credit Co. LLC	4.69	06/09/25		45,000		43,513
Ford Motor Credit Co. LLC	4.95	05/28/27		110,000		103,287
Ford Motor Credit Co. LLC	5.11	05/03/29		100,000		91,110
Ford Motor Credit Co. LLC	5.13	06/16/25		130,000		126,611
Ford Motor Credit Co. LLC	6.80	05/12/28		115,000		114,783
Ford Motor Credit Co. LLC	6.95	03/06/26		110,000		110,305
Ford Motor Credit Co. LLC	6.95	06/10/26		65,000		65,235
Ford Motor Credit Co. LLC	7.20	06/10/30		65,000		65,026

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
AUTO MANUFACTURERS – 15.5% (Continued)
Ford Motor Credit Co. LLC	7.35	11/04/27	$	108,000	$	109,585
Ford Motor Credit Co. LLC	7.35	03/06/30		85,000		85,463
Jaguar Land Rover Automotive PLC⁽¹⁾	4.50	10/01/27		60,000		51,798
Jaguar Land Rover Automotive PLC⁽¹⁾	5.50	07/15/29		62,000		53,511
Jaguar Land Rover Automotive PLC⁽¹⁾	5.88	01/15/28		80,000		72,082
Jaguar Land Rover Automotive PLC⁽¹⁾	7.75	10/15/25		90,000		90,160
McLaren Finance PLC⁽¹⁾	7.50	08/01/26		76,000		65,558
						3,524,590
AUTO PARTS & EQUIPMENT – 7.3%
Adient Global Holdings Ltd.⁽¹⁾	4.88	08/15/26		97,000		90,445
Adient Global Holdings Ltd.⁽¹⁾	7.00	04/15/28		65,000		64,051
Adient Global Holdings Ltd.⁽¹⁾	8.25	04/15/31		60,000		58,449
American Axle & Manufacturing, Inc.	5.00	10/01/29		75,000		59,333
American Axle & Manufacturing, Inc.	6.50	04/01/27		65,000		61,335
American Axle & Manufacturing, Inc.	6.88	07/01/28		44,000		39,258
Dana, Inc.	4.25	09/01/30		52,000		41,226
Dana, Inc.	4.50	02/15/32		43,000		33,722
Dana, Inc.	5.38	11/15/27		49,000		45,136
Dana, Inc.	5.63	06/15/28		49,000		44,463
Dealer Tire LLC/DT Issuer LLC⁽¹⁾	8.00	02/01/28		60,000		56,339
Goodyear Tire & Rubber Co.	4.88	03/15/27		85,000		78,271
Goodyear Tire & Rubber Co.	5.00	05/31/26		110,000		104,158
Goodyear Tire & Rubber Co.	5.00	07/15/29		115,000		99,076
Goodyear Tire & Rubber Co.	5.25	04/30/31		58,000		47,757
Goodyear Tire & Rubber Co.	5.25	07/15/31		72,000		58,696
Goodyear Tire & Rubber Co.	5.63	04/30/33		59,000		47,367
Goodyear Tire & Rubber Co.	9.50	05/31/25		101,000		102,275
Real Hero Merger Sub 2, Inc.⁽¹⁾	6.25	02/01/29		75,000		59,736
Tenneco, Inc.⁽¹⁾	8.00	11/17/28		235,000		188,834
ZF North America Capital, Inc.⁽¹⁾	4.75	04/29/25		130,000		125,567
ZF North America Capital, Inc.⁽¹⁾	6.88	04/14/28		75,000		72,762
ZF North America Capital, Inc.⁽¹⁾	7.13	04/14/30		75,000		72,848
						1,651,104
COMMERCIAL SERVICES – 1.2%
Metis Merger Sub LLC⁽¹⁾	6.50	05/15/29		86,000		70,364
Sabre GLBL, Inc.⁽¹⁾	8.63	06/01/27		100,000		83,028
Sabre GLBL, Inc.⁽¹⁾	11.25	12/15/27		75,000		66,833
Upbound Group, Inc.⁽¹⁾	6.38	02/15/29		55,000		47,357
						267,582
DISTRIBUTION/WHOLESALE – 0.2%
G-III Apparel Group Ltd.⁽¹⁾	7.88	08/15/25		48,000		47,610

DIVERSIFIED FINANCIAL SERVICES – 0.2%
Cobra Acquisition Co. LLC⁽¹⁾	6.38	11/01/29		50,000		35,688

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
ENTERTAINMENT – 20.7%
Affinity Interactive⁽¹⁾	6.88	12/15/27	$	65,000	$	53,037
AMC Entertainment Holdings, Inc.⁽¹⁾	7.50	02/15/29		117,000		82,067
Boyne USA, Inc.⁽¹⁾	4.75	05/15/29		82,000		71,472
Caesars Entertainment, Inc.⁽¹⁾	4.63	10/15/29		150,000		123,426
Caesars Entertainment, Inc.⁽¹⁾	6.25	07/01/25		422,000		415,536
Caesars Entertainment, Inc.⁽¹⁾	7.00	02/15/30		243,000		234,742
Caesars Entertainment, Inc.⁽¹⁾	8.13	07/01/27		196,000		194,369
Caesars Resort Collection LLC/CRC FinCo., Inc.⁽¹⁾	5.75	07/01/25		119,000		117,241
CCM Merger, Inc.⁽¹⁾	6.38	05/01/26		32,000		30,317
CDI Escrow Issuer, Inc.⁽¹⁾	5.75	04/01/30		142,000		127,011
Cedar Fair LP	5.25	07/15/29		60,000		51,730
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./ Millennium Op	5.38	04/15/27		60,000		55,612
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./ Millennium Op⁽¹⁾	5.50	05/01/25		130,000		127,535
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./ Millennium Op	6.50	10/01/28		37,000		34,282
Churchill Downs, Inc.⁽¹⁾	4.75	01/15/28		95,000		85,189
Churchill Downs, Inc.⁽¹⁾	5.50	04/01/27		71,000		66,657
Churchill Downs, Inc.⁽¹⁾	6.75	05/01/31		75,000		69,281
Cinemark USA, Inc.⁽¹⁾	5.25	07/15/28		96,000		82,998
Cinemark USA, Inc.⁽¹⁾	5.88	03/15/26		45,000		42,775
Empire Resorts, Inc.⁽¹⁾	7.75	11/01/26		38,000		30,850
Everi Holdings, Inc.⁽¹⁾	5.00	07/15/29		49,000		41,217
Golden Entertainment, Inc.⁽¹⁾	7.63	04/15/26		40,000		40,033
International Game Technology PLC⁽¹⁾	4.13	04/15/26		85,000		80,063
International Game Technology PLC⁽¹⁾	5.25	01/15/29		90,000		81,971
International Game Technology PLC⁽¹⁾	6.25	01/15/27		90,000		87,795
International Game Technology PLC⁽¹⁾	6.50	02/15/25		70,000		69,595
Jacobs Entertainment, Inc.⁽¹⁾	6.75	02/15/29		60,000		51,052
Light & Wonder International, Inc.⁽¹⁾	7.00	05/15/28		87,000		84,889
Light & Wonder International, Inc.⁽¹⁾	7.25	11/15/29		59,000		57,275
Light & Wonder International, Inc.⁽¹⁾	7.50	09/01/31		70,000		68,429
Live Nation Entertainment, Inc.⁽¹⁾	3.75	01/15/28		60,000		52,590
Live Nation Entertainment, Inc.⁽¹⁾	4.75	10/15/27		123,000		112,520
Live Nation Entertainment, Inc.⁽¹⁾	4.88	11/01/24		71,000		69,554
Live Nation Entertainment, Inc.⁽¹⁾	5.63	03/15/26		37,000		35,471
Live Nation Entertainment, Inc.⁽¹⁾	6.50	05/15/27		147,000		143,563
Merlin Entertainments Ltd.⁽¹⁾	5.75	06/15/26		73,000		68,344
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.⁽¹⁾	4.88	05/01/29		92,000		76,673
Mohegan Tribal Gaming Authority⁽¹⁾	8.00	02/01/26		146,000		134,306
Motion Bondco DAC⁽¹⁾	6.63	11/15/27		25,000		22,396
Odeon FinCo. PLC⁽¹⁾	12.75	11/01/27		50,000		49,853
Ontario Gaming GTA LP⁽¹⁾	8.00	08/01/30		50,000		48,930
Penn Entertainment, Inc.⁽¹⁾	4.13	07/01/29		67,000		52,116
Penn Entertainment, Inc.⁽¹⁾	5.63	01/15/27		35,000		31,957
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.⁽¹⁾	5.63	09/01/29		97,000		68,300
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.⁽¹⁾	5.88	09/01/31		87,000		59,160
Raptor Acquisition Corp./Raptor Co.-Issuer LLC⁽¹⁾	4.88	11/01/26		43,000		40,055

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
ENTERTAINMENT – 20.7% (Continued)
Resorts World Las Vegas LLC/RWLV Capital, Inc.⁽¹⁾	4.63	04/16/29	$	117,000	$	89,979
Resorts World Las Vegas LLC/RWLV Capital, Inc.⁽¹⁾	4.63	04/06/31		50,000		35,305
Resorts World Las Vegas LLC/RWLV Capital, Inc.⁽¹⁾	8.45	07/27/30		50,000		46,151
Scientific Games Holdings LP/Scientific Games US FinCo., Inc.⁽¹⁾	6.63	03/01/30		98,000		84,370
SeaWorld Parks & Entertainment, Inc.⁽¹⁾	5.25	08/15/29		87,000		75,873
Six Flags Entertainment Corp.⁽¹⁾	5.50	04/15/27		60,000		54,678
Six Flags Entertainment Corp.⁽¹⁾	7.25	05/15/31		95,000		87,506
Six Flags Theme Parks, Inc.⁽¹⁾	7.00	07/01/25		48,000		47,714
Speedway Motorsports LLC/Speedway Funding II, Inc.⁽¹⁾	4.88	11/01/27		43,000		38,422
Universal Entertainment Corp.^(1),(2)	8.75	12/11/24		92,000		95,303
Vail Resorts, Inc.⁽¹⁾	6.25	05/15/25		75,000		74,602
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.⁽¹⁾	5.13	10/01/29		92,000		78,549
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.⁽¹⁾	7.13	02/15/31		75,000		69,921
						4,702,607
HOLDING COMPANIES-DIVERS – 0.3%
Benteler International AG⁽¹⁾	10.50	05/15/28		60,000		60,498

HOME BUILDERS – 0.7%
Forestar Group, Inc.⁽¹⁾	3.85	05/15/26		53,000		47,231
Forestar Group, Inc.⁽¹⁾	5.00	03/01/28		35,000		30,758
Thor Industries, Inc.⁽¹⁾	4.00	10/15/29		60,000		48,438
Winnebago Industries, Inc.⁽¹⁾	6.25	07/15/28		38,000		35,774
						162,201
INTERNET – 1.4%
GrubHub Holdings, Inc.⁽¹⁾	5.50	07/01/27		65,000		47,873
Rakuten Group, Inc.^(1),(3)	5.13	-		90,000		65,516
Rakuten Group, Inc.^(1),(3)	6.25	-		130,000		82,112
Rakuten Group, Inc.⁽¹⁾	10.25	11/30/24		116,000		117,452
						312,953
LEISURE TIME – 17.3%
Carnival Corp.⁽¹⁾	4.00	08/01/28		292,000		254,228
Carnival Corp.⁽¹⁾	5.75	03/01/27		403,000		360,095
Carnival Corp.⁽¹⁾	6.00	05/01/29		242,000		204,639
Carnival Corp.⁽¹⁾	7.00	08/15/29		70,000		68,703
Carnival Corp.⁽¹⁾	7.63	03/01/26		167,000		162,522
Carnival Corp.⁽¹⁾	9.88	08/01/27		108,000		112,651
Carnival Corp.⁽¹⁾	10.50	06/01/30		120,000		121,883
Carnival Holdings Bermuda Ltd.⁽¹⁾	10.38	05/01/28		255,000		272,107
Life Time, Inc.⁽¹⁾	5.75	01/15/26		108,000		104,691
Life Time, Inc.⁽¹⁾	8.00	04/15/26		65,000		63,429
Lindblad Expeditions Holdings, Inc.⁽¹⁾	9.00	05/15/28		50,000		48,140
Lindblad Expeditions LLC⁽¹⁾	6.75	02/15/27		28,000		25,541
NCL Corp. Ltd.⁽¹⁾	3.63	12/15/24		74,000		70,057
NCL Corp. Ltd.⁽¹⁾	5.88	03/15/26		167,000		150,031
NCL Corp. Ltd.⁽¹⁾	5.88	02/15/27		120,000		110,577
NCL Corp. Ltd.⁽¹⁾	7.75	02/15/29		75,000		65,518
NCL Corp. Ltd.⁽¹⁾	8.13	01/15/29		100,000		97,806

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
LEISURE TIME – 17.3% (Continued)
NCL Corp. Ltd.⁽¹⁾	8.38	02/01/28	$	71,000	$	70,398
NCL Finance Ltd.⁽¹⁾	6.13	03/15/28		72,000		60,270
Royal Caribbean Cruises Ltd.	3.70	03/15/28		60,000		51,189
Royal Caribbean Cruises Ltd.⁽¹⁾	4.25	07/01/26		75,000		69,036
Royal Caribbean Cruises Ltd.⁽¹⁾	5.38	07/15/27		122,000		112,554
Royal Caribbean Cruises Ltd.⁽¹⁾	5.50	08/31/26		130,000		122,819
Royal Caribbean Cruises Ltd.⁽¹⁾	5.50	04/01/28		187,000		170,683
Royal Caribbean Cruises Ltd.⁽¹⁾	7.25	01/15/30		85,000		83,932
Royal Caribbean Cruises Ltd.	7.50	10/15/27		37,000		36,479
Royal Caribbean Cruises Ltd.⁽¹⁾	8.25	01/15/29		130,000		133,395
Royal Caribbean Cruises Ltd.⁽¹⁾	9.25	01/15/29		120,000		125,384
Royal Caribbean Cruises Ltd.⁽¹⁾	11.50	06/01/25		62,000		65,574
Royal Caribbean Cruises Ltd.⁽¹⁾	11.63	08/15/27		150,000		162,831
Viking Cruises Ltd.⁽¹⁾	5.88	09/15/27		140,000		126,253
Viking Cruises Ltd.⁽¹⁾	7.00	02/15/29		65,000		58,880
Viking Cruises Ltd.⁽¹⁾	9.13	07/15/31		85,000		83,589
Viking Ocean Cruises Ship VII Ltd.⁽¹⁾	5.63	02/15/29		42,000		37,268
VOC Escrow Ltd.⁽¹⁾	5.00	02/15/28		80,000		71,951
						3,935,103
LODGING – 11.2%
Boyd Gaming Corp.	4.75	12/01/27		125,000		113,984
Boyd Gaming Corp.⁽¹⁾	4.75	06/15/31		108,000		89,758
Full House Resorts, Inc.⁽¹⁾	8.25	02/15/28		53,000		44,673
Genting New York LLC/GENNY Capital, Inc.⁽¹⁾	3.30	02/15/26		65,000		58,018
Hilton Domestic Operating Co., Inc.⁽¹⁾	3.63	02/15/32		182,000		144,033
Hilton Domestic Operating Co., Inc.⁽¹⁾	3.75	05/01/29		95,000		81,869
Hilton Domestic Operating Co., Inc.⁽¹⁾	4.00	05/01/31		142,000		117,753
Hilton Domestic Operating Co., Inc.	4.88	01/15/30		120,000		107,841
Hilton Domestic Operating Co., Inc.⁽¹⁾	5.38	05/01/25		60,000		59,133
Hilton Domestic Operating Co., Inc.⁽¹⁾	5.75	05/01/28		62,000		59,458
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc⁽¹⁾	4.88	07/01/31		60,000		47,578
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc⁽¹⁾	5.00	06/01/29		103,000		86,365
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp.	4.88	04/01/27		75,000		70,801
Las Vegas Sands Corp.	2.90	06/25/25		65,000		61,075
Las Vegas Sands Corp.	3.50	08/18/26		125,000		114,508
Las Vegas Sands Corp.	3.90	08/08/29		92,000		79,547
Marriott Ownership Resorts, Inc.⁽¹⁾	4.50	06/15/29		82,000		67,454
Marriott Ownership Resorts, Inc.	4.75	01/15/28		25,000		21,516
MGM Resorts International	4.63	09/01/26		50,000		46,509
MGM Resorts International	4.75	10/15/28		95,000		82,982
MGM Resorts International	5.50	04/15/27		83,000		77,512
MGM Resorts International	5.75	06/15/25		80,000		78,300
MGM Resorts International	6.75	05/01/25		92,000		91,585
Station Casinos LLC⁽¹⁾	4.50	02/15/28		81,000		70,032
Station Casinos LLC⁽¹⁾	4.63	12/01/31		65,000		51,396
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp.⁽¹⁾	5.88	05/15/25		32,000		30,667

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
LODGING – 11.2% (Continued)
Travel + Leisure Co.⁽¹⁾	4.50	12/01/29	$	80,000	$	66,042
Travel + Leisure Co.⁽¹⁾	4.63	03/01/30		42,000		34,423
Travel + Leisure Co.	6.60	10/01/25		25,000		24,476
Travel + Leisure Co.⁽¹⁾	6.63	07/31/26		147,000		143,556
Wyndham Hotels & Resorts, Inc.⁽¹⁾	4.38	08/15/28		60,000		53,005
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.⁽¹⁾	5.25	05/15/27		108,000		99,870
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.⁽¹⁾	5.50	03/01/25		180,000		176,880
						2,552,599
MISCELLANEOUS MANUFACTURER – 0.3%
Gates Global LLC/Gates Corp.⁽¹⁾	6.25	01/15/26		70,000		68,628

REAL ESTATE – 3.6%
Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.⁽¹⁾	7.00	04/15/30		135,200		111,624
Cushman & Wakefield US Borrower LLC⁽¹⁾	6.75	05/15/28		81,000		73,946
Cushman & Wakefield US Borrower LLC⁽¹⁾	8.88	09/01/31		50,000		47,452
Five Point Operating Co. LP/Five Point Capital Corp.⁽¹⁾	7.88	11/15/25		76,000		71,446
Greystar Real Estate Partners LLC⁽¹⁾	7.75	09/01/30		50,000		49,191
Howard Hughes Corp.⁽¹⁾	4.13	02/01/29		77,000		61,873
Howard Hughes Corp.⁽¹⁾	4.38	02/01/31		80,000		60,992
Howard Hughes Corp.⁽¹⁾	5.38	08/01/28		92,000		80,977
Hunt Cos, Inc.⁽¹⁾	5.25	04/15/29		81,000		63,947
Kennedy-Wilson, Inc.	4.75	03/01/29		34,000		25,619
Kennedy-Wilson, Inc.	4.75	02/01/30		123,000		89,920
Kennedy-Wilson, Inc.	5.00	03/01/31		65,000		46,696
Realogy Group LLC/Realogy Co.-Issuer Corp.⁽¹⁾	5.25	04/15/30		35,000		21,829
Realogy Group LLC/Realogy Co.-Issuer Corp.⁽¹⁾	5.75	01/15/29		29,000		18,304
						823,816
RETAIL – 15.4%
Academy Ltd.⁽¹⁾	6.00	11/15/27		48,000		45,242
Asbury Automotive Group, Inc.	4.50	03/01/28		50,000		44,362
Asbury Automotive Group, Inc.⁽¹⁾	4.63	11/15/29		100,000		84,716
Asbury Automotive Group, Inc.	4.75	03/01/30		55,000		46,743
Asbury Automotive Group, Inc.⁽¹⁾	5.00	02/15/32		71,000		57,660
At Home Group, Inc.⁽¹⁾	4.88	07/15/28		37,000		13,135
Bath & Body Works, Inc.	5.25	02/01/28		77,000		70,687
Bath & Body Works, Inc.⁽¹⁾	6.63	10/01/30		122,000		113,105
Bath & Body Works, Inc.	6.69	01/15/27		40,000		38,708
Bath & Body Works, Inc.	6.75	07/01/36		75,000		64,768
Bath & Body Works, Inc.	6.88	11/01/35		110,000		97,181
Bath & Body Works, Inc.	6.95	03/01/33		40,000		34,629
Bath & Body Works, Inc.	7.50	06/15/29		65,000		63,558
Bath & Body Works, Inc.⁽¹⁾	9.38	07/01/25		20,000		20,618
Evergreen Acqco 1 LP/TVI, Inc.⁽¹⁾	9.75	04/26/28		61,000		61,609
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.⁽¹⁾	4.63	01/15/29		123,000		103,494
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.⁽¹⁾	6.75	01/15/30		157,000		124,913
Foot Locker, Inc.⁽¹⁾	4.00	10/01/29		49,000		36,077
Gap, Inc.⁽¹⁾	3.63	10/01/29		92,000		70,387

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
RETAIL – 15.4% (Continued)
Gap, Inc.⁽¹⁾	3.88	10/01/31	$	92,000	$	66,170
Group 1 Automotive, Inc.⁽¹⁾	4.00	08/15/28		92,000		79,287
Guitar Center, Inc.⁽¹⁾	8.50	01/15/26		65,000		54,791
Ken Garff Automotive LLC⁽¹⁾	4.88	09/15/28		48,000		40,638
Kohl’s Corp.	4.25	07/17/25		40,000		37,397
Kohl’s Corp.	4.63	05/01/31		72,000		49,313
Kohl’s Corp.	5.55	07/17/45		44,000		25,568
LCM Investments Holdings II LLC⁽¹⁾	4.88	05/01/29		125,000		104,885
LCM Investments Holdings II LLC⁽¹⁾	8.25	08/01/31		60,000		57,132
Lithia Motors, Inc.⁽¹⁾	3.88	06/01/29		102,000		84,496
Lithia Motors, Inc.⁽¹⁾	4.38	01/15/31		65,000		52,695
Lithia Motors, Inc.⁽¹⁾	4.63	12/15/27		50,000		45,163
LSF9 Atlantis Holdings LLC/Victra Finance Corp.⁽¹⁾	7.75	02/15/26		98,000		88,562
Macy’s Retail Holdings LLC	4.30	02/15/43		30,000		16,482
Macy’s Retail Holdings LLC	4.50	12/15/34		60,000		40,265
Macy’s Retail Holdings LLC	5.13	01/15/42		23,000		14,191
Macy’s Retail Holdings LLC⁽¹⁾	5.88	04/01/29		70,000		61,784
Macy’s Retail Holdings LLC⁽¹⁾	5.88	03/15/30		40,000		33,888
Macy’s Retail Holdings LLC⁽¹⁾	6.13	03/15/32		50,000		41,350
Michaels Cos, Inc.⁽¹⁾	5.25	05/01/28		108,000		78,354
Michaels Cos, Inc.⁽¹⁾	7.88	05/01/29		152,000		84,916
NMG Holding Co., Inc./Neiman Marcus Group LLC⁽¹⁾	7.13	04/01/26		135,000		126,403
Nordstrom, Inc.	4.00	03/15/27		61,000		53,917
Nordstrom, Inc.	4.25	08/01/31		60,000		44,023
Nordstrom, Inc.	4.38	04/01/30		57,000		44,312
Nordstrom, Inc.	5.00	01/15/44		114,000		68,645
Nordstrom, Inc.	6.95	03/15/28		28,000		26,383
Penske Automotive Group, Inc.	3.50	09/01/25		65,000		61,758
Penske Automotive Group, Inc.	3.75	06/15/29		65,000		53,710
PetSmart, Inc./PetSmart Finance Corp.⁽¹⁾	4.75	02/15/28		147,000		130,235
PetSmart, Inc./PetSmart Finance Corp.⁽¹⁾	7.75	02/15/29		140,000		129,025
QVC, Inc.	4.38	09/01/28		65,000		32,996
QVC, Inc.	4.45	02/15/25		70,000		60,356
QVC, Inc.	4.75	02/15/27		68,000		38,734
QVC, Inc.	5.45	08/15/34		48,000		20,366
QVC, Inc.	5.95	03/15/43		37,000		15,429
Sally Holdings LLC/Sally Capital, Inc.	5.63	12/01/25		82,000		79,345
Sonic Automotive, Inc.⁽¹⁾	4.63	11/15/29		78,000		65,036
Sonic Automotive, Inc.⁽¹⁾	4.88	11/15/31		65,000		51,845
Victoria’s Secret & Co.⁽¹⁾	4.63	07/15/29		70,000		51,542
						3,502,979
SOFTWARE – 0.1%
CWT Travel Group, Inc.⁽¹⁾	8.50	11/19/26		76,000		22,800

TEXTILES – 0.3%
Eagle Intermediate Global Holding BV/Eagle US Finance LLC⁽¹⁾	7.50	05/01/25		81,000		53,966

TOTAL CORPORATE BONDS (Cost - $22,943,986)						22,231,775

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
SHORT-TERM INVESTMENTS – 0.6%
TIME DEPOSITS – 0.6%
Sumitomo Mitsui Trust Bank, London	4.68	11/01/23	$	136,952	$	136,952
TOTAL SHORT-TERM INVESTMENTS (Cost - $136,952)						136,952

TOTAL INVESTMENTS – 98.5% (Cost - $23,080,938)					$	22,368,727
OTHER ASSETS LESS LIABILITIES – 1.5%						346,649
NET ASSETS – 100.0%					$	22,715,376

	⁽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 October 31, 2023, amounts to $15,841,028 and represents 69.7% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees.
	⁽²⁾	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 October 31, 2023.
	⁽³⁾	Security is perpetual in nature and has no stated maturity date.

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Portfolio of Investments

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CORPORATE BONDS – 97.8%
AGRICULTURE – 2.7%
Darling Ingredients, Inc.⁽¹⁾	5.25	04/15/27	$	53,000	$	50,481
Darling Ingredients, Inc.⁽¹⁾	6.00	06/15/30		97,000		91,097
Turning Point Brands, Inc.⁽¹⁾	5.63	02/15/26		25,000		23,044
Vector Group Ltd.⁽¹⁾	5.75	02/01/29		85,000		72,109
Vector Group Ltd.⁽¹⁾	10.50	11/01/26		54,000		54,085
						290,816
BEVERAGES – 1.1%
Primo Water Holdings, Inc.⁽¹⁾	4.38	04/30/29		72,000		60,833
Triton Water Holdings, Inc.⁽¹⁾	6.25	04/01/29		72,000		59,404
						120,237
BUILDING MATERIALS – 0.3%
ACProducts Holdings, Inc.⁽¹⁾	6.38	05/15/29		49,000		29,965

CHEMICALS – 0.6%
Cerdia Finanz GmbH⁽¹⁾	10.50	02/15/27		60,000		59,134

COMMERCIAL SERVICES – 0.4%
Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc.⁽¹⁾	5.00	02/01/26		42,000		40,093

COSMETICS/PERSONAL CARE – 3.5%
Coty, Inc.⁽¹⁾	5.00	04/15/26		90,000		86,079
Coty, Inc.⁽¹⁾	6.50	04/15/26		45,000		44,370
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC⁽¹⁾	4.75	01/15/29		50,000		44,319
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC⁽¹⁾	6.63	07/15/30		75,000		71,541
Edgewell Personal Care Co.⁽¹⁾	4.13	04/01/29		53,000		44,394
Edgewell Personal Care Co.⁽¹⁾	5.50	06/01/28		72,000		65,786
Oriflame Investment Holding PLC⁽¹⁾	5.13	05/04/26		55,000		17,490
						373,979
DISTRIBUTION/WHOLESALE – 0.2%
Resideo Funding, Inc.⁽¹⁾	4.00	09/01/29		30,000		24,116

ELECTRIC – 28.9%
Algonquin Power & Utilities Corp.	4.75	01/18/82		77,000		60,869
Atlantica Sustainable Infrastructure PLC⁽¹⁾	4.13	06/15/28		42,000		36,323
Calpine Corp.⁽¹⁾	3.75	03/01/31		91,000		72,616
Calpine Corp.⁽¹⁾	4.50	02/15/28		121,000		109,218
Calpine Corp.⁽¹⁾	4.63	02/01/29		65,000		54,953
Calpine Corp.⁽¹⁾	5.00	02/01/31		85,000		68,645
Calpine Corp.⁽¹⁾	5.13	03/15/28		140,000		125,423
Calpine Corp.⁽¹⁾	5.25	06/01/26		42,000		40,236
Clearway Energy Operating LLC⁽¹⁾	3.75	02/15/31		90,000		70,282
Clearway Energy Operating LLC⁽¹⁾	3.75	01/15/32		36,000		27,310
Clearway Energy Operating LLC⁽¹⁾	4.75	03/15/28		85,000		75,959
DPL, Inc.	4.13	07/01/25		42,000		39,647

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
ELECTRIC – 28.9% (Continued)
DPL, Inc.	4.35	04/15/29	$	37,000	$	30,216
Drax FinCo. PLC⁽¹⁾	6.63	11/01/25		48,000		46,241
Edison International	8.13	06/15/53		50,000		48,337
Electricite de France SA^(1),(2)	9.13	-		150,000		154,330
Emera, Inc.	6.75	06/15/76		120,000		113,302
FirstEnergy Corp.	1.60	01/15/26		30,000		27,051
FirstEnergy Corp.	2.05	03/01/25		25,000		23,553
FirstEnergy Corp.	2.25	09/01/30		45,000		34,768
FirstEnergy Corp.	2.65	03/01/30		60,000		48,455
FirstEnergy Corp.	3.40	03/01/50		85,000		51,500
FirstEnergy Corp.	4.15	07/15/27		152,000		140,817
FirstEnergy Corp.	5.10	07/15/47		62,000		51,479
FirstEnergy Corp.	7.38	11/15/31		45,000		48,580
Leeward Renewable Energy Operations LLC⁽¹⁾	4.25	07/01/29		36,000		29,444
NextEra Energy Operating Partners LP⁽¹⁾	3.88	10/15/26		48,000		43,687
NextEra Energy Operating Partners LP⁽¹⁾	4.50	09/15/27		59,000		52,885
NRG Energy, Inc.⁽¹⁾	3.38	02/15/29		51,000		41,569
NRG Energy, Inc.⁽¹⁾	3.63	02/15/31		102,000		77,099
NRG Energy, Inc.⁽¹⁾	3.88	02/15/32		105,000		78,188
NRG Energy, Inc.⁽¹⁾	5.25	06/15/29		77,000		68,023
NRG Energy, Inc.	5.75	01/15/28		100,000		93,695
NRG Energy, Inc.	6.63	01/15/27		20,000		19,430
Pattern Energy Operations LP/Pattern Energy Operations, Inc.⁽¹⁾	4.50	08/15/28		61,000		53,234
PG&E Corp.	5.00	07/01/28		97,000		87,968
PG&E Corp.	5.25	07/01/30		102,000		89,498
Talen Energy Supply LLC⁽¹⁾	8.63	06/01/30		120,000		122,053
TransAlta Corp.	6.50	03/15/40		30,000		26,511
TransAlta Corp.	7.75	11/15/29		42,000		41,833
Vistra Operations Co. LLC⁽¹⁾	4.38	05/01/29		126,000		107,164
Vistra Operations Co. LLC⁽¹⁾	5.00	07/31/27		127,000		116,293
Vistra Operations Co. LLC⁽¹⁾	5.50	09/01/26		102,000		97,136
Vistra Operations Co. LLC⁽¹⁾	5.63	02/15/27		127,000		119,626
Vistra Operations Co. LLC⁽¹⁾	7.75	10/15/31		110,000		106,307
						3,071,753
ELECTRICAL COMPONENTS & EQUIPMENT – 1.3%
Energizer Holdings, Inc.⁽¹⁾	4.38	03/31/29		83,000		67,850
Energizer Holdings, Inc.⁽¹⁾	4.75	06/15/28		60,000		51,300
Energizer Holdings, Inc.⁽¹⁾	6.50	12/31/27		25,000		23,331
						142,481
ENERGY-ALTERNATE SOURCES – 2.2%
Sunnova Energy Corp.⁽¹⁾	5.88	09/01/26		37,000		30,003
Sunnova Energy Corp.⁽¹⁾	11.75	10/01/28		40,000		34,153
TerraForm Power Operating LLC⁽¹⁾	4.75	01/15/30		67,000		56,693
TerraForm Power Operating LLC⁽¹⁾	5.00	01/31/28		72,000		66,032
Topaz Solar Farms LLC⁽¹⁾	5.75	09/30/39		52,065		47,356
						234,237

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
FOOD – 23.5%
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	3.25	03/15/26	$	73,000	$	67,503
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	3.50	03/15/29		138,000		117,810
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	4.63	01/15/27		133,000		124,778
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	4.88	02/15/30		97,000		86,712
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	5.88	02/15/28		77,000		73,833
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	6.50	02/15/28		75,000		73,714
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾	7.50	03/15/26		60,000		61,012
Aragvi Finance International DAC⁽¹⁾	8.45	04/29/26		48,000		33,060
B&G Foods, Inc.	5.25	04/01/25		28,000		26,904
B&G Foods, Inc.	5.25	09/15/27		54,000		44,488
B&G Foods, Inc.⁽¹⁾	8.00	09/15/28		55,000		53,666
C&S Group Enterprises LLC⁽¹⁾	5.00	12/15/28		37,000		28,661
Chobani LLC/Chobani Finance Corp., Inc.⁽¹⁾	4.63	11/15/28		42,000		36,353
Chobani LLC/Chobani Finance Corp., Inc.⁽¹⁾	7.50	04/15/25		54,000		53,095
H-Food Holdings LLC/Hearthside Finance Co., Inc.⁽¹⁾	8.50	06/01/26		35,000		8,083
Ingles Markets, Inc.⁽¹⁾	4.00	06/15/31		36,000		28,664
Lamb Weston Holdings, Inc.⁽¹⁾	4.13	01/31/30		100,000		84,931
Lamb Weston Holdings, Inc.⁽¹⁾	4.38	01/31/32		70,000		57,991
Lamb Weston Holdings, Inc.⁽¹⁾	4.88	05/15/28		47,000		43,445
Performance Food Group, Inc.⁽¹⁾	4.25	08/01/29		102,000		86,172
Performance Food Group, Inc.⁽¹⁾	5.50	10/15/27		112,000		104,846
Performance Food Group, Inc.⁽¹⁾	6.88	05/01/25		20,000		19,919
Pilgrim’s Pride Corp.	3.50	03/01/32		90,000		68,674
Pilgrim’s Pride Corp.	4.25	04/15/31		95,000		78,354
Pilgrim’s Pride Corp.	6.25	07/01/33		100,000		92,025
Pilgrim’s Pride Corp.	6.88	05/15/34		50,000		47,372
Post Holdings, Inc.⁽¹⁾	4.50	09/15/31		106,000		85,888
Post Holdings, Inc.⁽¹⁾	4.63	04/15/30		143,000		119,940
Post Holdings, Inc.⁽¹⁾	5.50	12/15/29		120,000		107,136
Post Holdings, Inc.⁽¹⁾	5.63	01/15/28		97,000		90,240
Post Holdings, Inc.⁽¹⁾	5.75	03/01/27		41,000		39,124
Safeway, Inc.	7.25	02/01/31		25,000		25,215
SEG Holding LLC/SEG Finance Corp.⁽¹⁾	5.63	10/15/28		30,000		30,082
Sigma Holdco BV⁽¹⁾	7.88	05/15/26		47,000		39,369
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed⁽¹⁾	4.63	03/01/29		85,000		69,142
TreeHouse Foods, Inc.	4.00	09/01/28		48,000		39,092
United Natural Foods, Inc.⁽¹⁾	6.75	10/15/28		48,000		37,815
US Foods, Inc.⁽¹⁾	4.63	06/01/30		53,000		45,305
US Foods, Inc.⁽¹⁾	4.75	02/15/29		90,000		79,479
US Foods, Inc.⁽¹⁾	6.88	09/15/28		45,000		44,038
US Foods, Inc.⁽¹⁾	7.25	01/15/32		50,000		49,144
						2,503,074
GAS – 2.2%
AmeriGas Partners LP/AmeriGas Finance Corp.	5.50	05/20/25		71,000		68,125
AmeriGas Partners LP/AmeriGas Finance Corp.	5.75	05/20/27		58,000		53,361
AmeriGas Partners LP/AmeriGas Finance Corp.	5.88	08/20/26		67,000		62,876
AmeriGas Partners LP/AmeriGas Finance Corp.⁽¹⁾	9.38	06/01/28		45,000		44,513
						228,875

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
HOME FURNISHINGS – 1.2%
Tempur Sealy International, Inc.⁽¹⁾	3.88	10/15/31	$	80,000	$	60,014
Tempur Sealy International, Inc.⁽¹⁾	4.00	04/15/29		77,000		63,282
	��					123,296
HOUSEHOLD PRODUCTS/WARES – 3.0%
ACCO Brands Corp.⁽¹⁾	4.25	03/15/29		55,000		45,715
Central Garden & Pet Co.	4.13	10/15/30		53,000		43,291
Central Garden & Pet Co.⁽¹⁾	4.13	04/30/31		37,000		29,480
Central Garden & Pet Co.	5.13	02/01/28		30,000		27,789
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.⁽¹⁾	5.00	12/31/26		57,000		51,619
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.⁽¹⁾	7.00	12/31/27		45,000		38,303
Spectrum Brands, Inc.⁽¹⁾	3.88	03/15/31		48,000		38,470
Spectrum Brands, Inc.⁽¹⁾	5.00	10/01/29		30,000		26,947
Spectrum Brands, Inc.⁽¹⁾	5.50	07/15/30		25,000		22,369
						323,983
HOUSEWARES – 5.9%
CD&R Smokey Buyer, Inc.⁽¹⁾	6.75	07/15/25		67,000		64,098
Newell Brands, Inc.	4.88	06/01/25		48,000		46,107
Newell Brands, Inc.	5.20	04/01/26		198,000		187,124
Newell Brands, Inc.	6.38	09/15/27		49,000		46,042
Newell Brands, Inc.	6.38	04/01/36		42,000		33,021
Newell Brands, Inc.	6.50	04/01/46		65,000		45,719
Newell Brands, Inc.	6.63	09/15/29		53,000		48,857
Scotts Miracle-Gro Co.	4.00	04/01/31		50,000		37,245
Scotts Miracle-Gro Co.	4.38	02/01/32		40,000		29,357
Scotts Miracle-Gro Co.	4.50	10/15/29		50,000		39,553
Scotts Miracle-Gro Co.	5.25	12/15/26		15,000		13,968
SWF Escrow Issuer Corp.⁽¹⁾	6.50	10/01/29		60,000		35,601
						626,692
LEISURE TIME – 1.1%
Acushnet Co.⁽¹⁾	7.38	10/15/28		35,000		35,098
MajorDrive Holdings IV LLC⁽¹⁾	6.38	06/01/29		54,000		41,906
Vista Outdoor, Inc.⁽¹⁾	4.50	03/15/29		48,000		44,709
						121,713
PHARMACEUTICALS – 1.7%
BellRing Brands, Inc.⁽¹⁾	7.00	03/15/30		85,000		82,644
Herbalife Nutrition Ltd./HLF Financing, Inc.⁽¹⁾	7.88	09/01/25		61,000		57,461
HLF Financing Sarl LLC/Herbalife International, Inc.⁽¹⁾	4.88	06/01/29		60,000		41,035
						181,140
RETAIL – 18.0%
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	3.50	02/15/29		83,000		71,057
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	3.88	01/15/28		157,000		140,306
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	4.00	10/15/30		283,000		232,054
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	4.38	01/15/28		72,000		64,894
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	5.75	04/15/25		48,000		47,653
99 Escrow Issuer, Inc.⁽¹⁾	7.50	01/15/26		35,000		12,357
Arko Corp.⁽¹⁾	5.13	11/15/29		47,000		38,158

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
RETAIL – 18.0% (Continued)
Bloomin’ Brands, Inc./OSI Restaurant Partners LLC⁽¹⁾	5.13	04/15/29	$	30,000	$	26,047
Brinker International, Inc.⁽¹⁾	8.25	07/15/30		35,000		33,878
Carrols Restaurant Group, Inc.⁽¹⁾	5.88	07/01/29		30,000		24,377
CEC Entertainment LLC⁽¹⁾	6.75	05/01/26		67,000		62,634
Dave & Buster’s, Inc.⁽¹⁾	7.63	11/01/25		42,000		41,727
eG Global Finance PLC⁽¹⁾	6.75	02/07/25		69,000		68,367
eG Global Finance PLC⁽¹⁾	8.50	10/30/25		57,000		56,125
Ferrellgas LP/Ferrellgas Finance Corp.⁽¹⁾	5.38	04/01/26		60,000		56,216
Ferrellgas LP/Ferrellgas Finance Corp.⁽¹⁾	5.88	04/01/29		89,000		78,618
GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.⁽¹⁾	7.00	08/15/28		41,000		27,902
IRB Holding Corp.⁽¹⁾	7.00	06/15/25		77,000		76,495
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC⁽¹⁾	4.75	06/01/27		73,000		69,100
Marks & Spencer PLC⁽¹⁾	7.13	12/01/37		30,000		27,377
Murphy Oil USA, Inc.⁽¹⁾	3.75	02/15/31		47,000		37,811
Murphy Oil USA, Inc.	4.75	09/15/29		50,000		44,326
Murphy Oil USA, Inc.	5.63	05/01/27		30,000		29,027
Papa John’s International, Inc.⁽¹⁾	3.88	09/15/29		42,000		34,502
Sizzling Platter LLC/Sizzling Platter Finance Corp.⁽¹⁾	8.50	11/28/25		35,000		34,913
Suburban Propane Partners LP/Suburban Energy Finance Corp.⁽¹⁾	5.00	06/01/31		67,000		55,566
Suburban Propane Partners LP/Suburban Energy Finance Corp.	5.88	03/01/27		35,000		33,198
Yum! Brands, Inc.	3.63	03/15/31		108,000		87,813
Yum! Brands, Inc.	4.63	01/31/32		108,000		92,143
Yum! Brands, Inc.⁽¹⁾	4.75	01/15/30		79,000		70,417
Yum! Brands, Inc.	5.35	11/01/43		35,000		29,841
Yum! Brands, Inc.	5.38	04/01/32		100,000		90,000
Yum! Brands, Inc.	6.88	11/15/37		25,000		24,707
						1,919,606
TOTAL CORPORATE BONDS (Cost - $10,947,276)						10,415,190

SHORT-TERM INVESTMENTS – 2.2%
TIME DEPOSITS – 2.2%
ANZ National Bank, London	4.68	11/01/23		231,320		231,320
TOTAL SHORT-TERM INVESTMENTS (Cost - $231,320)						231,320

TOTAL INVESTMENTS – 100.0% (Cost - $11,178,596)					$	10,646,510
OTHER ASSETS LESS LIABILITIES – (0.0)%						(3,889	)
NET ASSETS – 100.0%					$	10,642,621

	⁽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 October 31, 2023, amounts to $7,702,067 and represents 72.4% 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.

BONDBLOXX ETF TRUST

BondBloxx USD High Yield Bond Sector Rotation ETF

Portfolio of Investments

October 31, 2023

	Shares		Value
EXCHANGE-TRADED FUNDS – 99.7%
UNITED STATES^(a) – 99.7%
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		130,397	$	4,568,276
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		96,829		3,449,049
BondBloxx USD High Yield Bond Energy Sector ETF		103,597		3,857,082
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		65,748		2,280,404
BondBloxx USD High Yield Bond Healthcare Sector ETF		54,151		1,705,318
BondBloxx USD High Yield Bond Industrial Sector ETF		207,046		7,371,542
BondBloxx USD High Yield Bond Telecom Media & Technology Sector ETF		159,836		5,238,481
TOTAL EXCHANGE-TRADED FUNDS (Cost - $29,263,782)				28,470,152

			Face
	Rate (%)	Maturity	Amount
SHORT-TERM INVESTMENTS – 0.5%
TIME DEPOSITS – 0.5%
Citibank, New York	4.68	11/01/23	$	131,033		131,033
TOTAL SHORT-TERM INVESTMENTS (Cost - $131,033)						131,033

TOTAL INVESTMENTS – 100.2% (Cost - $29,394,815)					$	28,601,185
OTHER ASSETS LESS LIABILITIES – (0.2)%						(33,403	)
NET ASSETS – 100.0%					$	28,567,782

(a)

Represents investments in Affiliated Funds.

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CORPORATE BONDS – 97.5%
ADVERTISING – 1.3%
Advantage Sales & Marketing, Inc.⁽¹⁾	6.50	11/15/28	$	25,000	$	20,411
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	5.13	08/15/27		45,000		40,035
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	9.00	09/15/28		25,000		24,367
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	4.25	01/15/29		10,000		8,155
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	4.63	03/15/30		15,000		12,052
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	5.00	08/15/27		25,000		22,229
Outfront Media Capital LLC/Outfront Media Capital Corp.⁽¹⁾	6.25	06/15/25		10,000		9,872
Stagwell Global LLC⁽¹⁾	5.63	08/15/29		35,000		28,968
Summer BC Bidco B LLC⁽¹⁾	5.50	10/31/26		10,000		8,717
						174,806
AEROSPACE/DEFENSE – 3.7%
Bombardier, Inc.⁽¹⁾	6.00	02/15/28		30,000		26,576
Bombardier, Inc.⁽¹⁾	7.13	06/15/26		35,000		33,719
Bombardier, Inc.⁽¹⁾	7.45	05/01/34		10,000		11,225
Bombardier, Inc.⁽¹⁾	7.50	03/15/25		11,000		11,000
Bombardier, Inc.⁽¹⁾	7.50	02/01/29		25,000		23,183
Bombardier, Inc.⁽¹⁾	7.88	04/15/27		50,000		48,167
Spirit AeroSystems, Inc.⁽¹⁾	7.50	04/15/25		40,000		39,946
TransDigm, Inc.	4.63	01/15/29		25,000		21,584
TransDigm, Inc.	4.88	05/01/29		10,000		8,676
TransDigm, Inc.	5.50	11/15/27		65,000		60,578
TransDigm, Inc.⁽¹⁾	6.25	03/15/26		85,000		83,122
TransDigm, Inc.⁽¹⁾	6.75	08/15/28		50,000		48,612
TransDigm, Inc.⁽¹⁾	6.88	12/15/30		30,000		28,996
TransDigm, Inc.	7.50	03/15/27		10,000		9,998
Triumph Group, Inc.⁽¹⁾	9.00	03/15/28		35,000		34,037
						489,419
AIRLINES – 0.7%
American Airlines Group, Inc.⁽¹⁾	3.75	03/01/25		15,000		14,009
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.⁽¹⁾	5.75	01/20/26		40,000		29,602
United Airlines Holdings, Inc.	4.88	01/15/25		10,000		9,702
VistaJet Malta Finance PLC/Vista Management Holding, Inc.⁽¹⁾	6.38	02/01/30		30,000		20,039
VistaJet Malta Finance PLC/Vista Management Holding, Inc.⁽¹⁾	7.88	05/01/27		15,000		11,552
VistaJet Malta Finance PLC/Vista Management Holding, Inc.⁽¹⁾	9.50	06/01/28		15,000		11,509
						96,413
APPAREL – 0.5%
Crocs, Inc.⁽¹⁾	4.13	08/15/31		20,000		15,222
Hanesbrands, Inc.⁽¹⁾	4.88	05/15/26		30,000		27,597
Hanesbrands, Inc.⁽¹⁾	9.00	02/15/31		15,000		13,940
Wolverine World Wide, Inc.⁽¹⁾	4.00	08/15/29		15,000		11,200
						67,959
AUTO MANUFACTURERS – 0.7%
Jaguar Land Rover Automotive PLC⁽¹⁾	4.50	10/01/27		15,000		12,950
Jaguar Land Rover Automotive PLC⁽¹⁾	5.50	07/15/29		15,000		12,946
Jaguar Land Rover Automotive PLC⁽¹⁾	5.88	01/15/28		20,000		18,021
Jaguar Land Rover Automotive PLC⁽¹⁾	7.75	10/15/25		20,000		20,035

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
AUTO MANUFACTURERS – 0.7% (Continued)
JB Poindexter & Co., Inc.⁽¹⁾	7.13	04/15/26	$	15,000	$	14,316
Wabash National Corp.⁽¹⁾	4.50	10/15/28		10,000		8,287
						86,555
AUTO PARTS & EQUIPMENT – 2.2%
Adient Global Holdings Ltd.⁽¹⁾	4.88	08/15/26		30,000		27,973
Adient Global Holdings Ltd.⁽¹⁾	8.25	04/15/31		10,000		9,742
American Axle & Manufacturing, Inc.	5.00	10/01/29		30,000		23,733
American Axle & Manufacturing, Inc.	6.50	04/01/27		15,000		14,154
Clarios Global LP⁽¹⁾	6.75	05/15/25		10,000		9,930
Clarios Global LP/Clarios US Finance Co.⁽¹⁾	6.25	05/15/26		30,000		29,359
Clarios Global LP/Clarios US Finance Co.⁽¹⁾	6.75	05/15/28		20,000		19,517
Goodyear Tire & Rubber Co.	4.88	03/15/27		20,000		18,417
Goodyear Tire & Rubber Co.	5.00	05/31/26		25,000		23,672
Goodyear Tire & Rubber Co.	5.25	04/30/31		15,000		12,351
Goodyear Tire & Rubber Co.	5.25	07/15/31		20,000		16,305
Goodyear Tire & Rubber Co.	5.63	04/30/33		15,000		12,042
Goodyear Tire & Rubber Co.	9.50	05/31/25		20,000		20,253
Tenneco, Inc.⁽¹⁾	8.00	11/17/28		55,000		44,195
Titan International, Inc.	7.00	04/30/28		10,000		9,147
						290,790
BANKS – 0.5%
Freedom Mortgage Corp.⁽¹⁾	6.63	01/15/27		15,000		12,996
Freedom Mortgage Corp.⁽¹⁾	7.63	05/01/26		25,000		23,031
Freedom Mortgage Corp.⁽¹⁾	12.00	10/01/28		20,000		20,085
Freedom Mortgage Corp.⁽¹⁾	12.25	10/01/30		10,000		10,013
						66,125
BEVERAGES – 0.1%
Primo Water Holdings, Inc.⁽¹⁾	4.38	04/30/29		20,000		16,898

BUILDING MATERIALS – 0.9%
AmeriTex Hold Co. Intermediate LLC⁽¹⁾	10.25	10/15/28		15,000		14,201
Camelot Return Merger Sub, Inc.⁽¹⁾	8.75	08/01/28		20,000		18,695
Eco Material Technologies, Inc.⁽¹⁾	7.88	01/31/27		15,000		14,219
Griffon Corp.	5.75	03/01/28		30,000		27,121
JELD-WEN, Inc.⁽¹⁾	4.88	12/15/27		10,000		8,487
MIWD Holdco II LLC/MIWD Finance Corp.⁽¹⁾	5.50	02/01/30		15,000		11,921
New Enterprise Stone & Lime Co., Inc.⁽¹⁾	5.25	07/15/28		15,000		13,255
PGT Innovations, Inc.⁽¹⁾	4.38	10/01/29		15,000		14,017
						121,916
CHEMICALS – 2.7%
ASP Unifrax Holdings, Inc.⁽¹⁾	5.25	09/30/28		25,000		16,915
Axalta Coating Systems LLC⁽¹⁾	3.38	02/15/29		20,000	��	16,456
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV⁽¹⁾	4.75	06/15/27		15,000		13,828
Cerdia Finanz GmbH⁽¹⁾	10.50	02/15/27		20,000		19,711
CVR Partners LP/CVR Nitrogen Finance Corp.⁽¹⁾	6.13	06/15/28		15,000		13,252
GPD Cos, Inc.⁽¹⁾	10.13	04/01/26		15,000		13,526
Mativ Holdings, Inc.⁽¹⁾	6.88	10/01/26		10,000		9,011

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CHEMICALS – 2.7% (Continued)
Olympus Water US Holding Corp.⁽¹⁾	4.25	10/01/28	$	20,000	$	15,979
Olympus Water US Holding Corp.⁽¹⁾	9.75	11/15/28		60,000		58,677
Rain Carbon, Inc.⁽¹⁾	12.25	09/01/29		10,000		10,188
Rayonier AM Products, Inc.⁽¹⁾	7.63	01/15/26		20,000		17,021
SCIH Salt Holdings, Inc.⁽¹⁾	4.88	05/01/28		30,000		25,938
SCIL IV LLC/SCIL USA Holdings LLC⁽¹⁾	5.38	11/01/26		20,000		17,760
SK Invictus Intermediate II Sarl⁽¹⁾	5.00	10/30/29		20,000		15,120
Tronox, Inc.⁽¹⁾	4.63	03/15/29		30,000		23,661
Valvoline, Inc.⁽¹⁾	3.63	06/15/31		20,000		15,229
Valvoline, Inc.⁽¹⁾	4.25	02/15/30		15,000		14,707
WR Grace Holdings LLC⁽¹⁾	4.88	06/15/27		35,000		31,486
						348,465
COMMERCIAL SERVICES – 5.3%
Albion Financing 2Sarl⁽¹⁾	8.75	04/15/27		15,000		13,777
Allied Universal Holdco LLC/Allied Universal Finance Corp.⁽¹⁾	6.63	07/15/26		60,000		56,240
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl⁽¹⁾	4.63	06/01/28		45,000		36,853
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl⁽¹⁾	4.63	06/01/28		10,000		8,159
APi Group DE, Inc.⁽¹⁾	4.13	07/15/29		15,000		12,260
APX Group, Inc.⁽¹⁾	5.75	07/15/29		25,000		20,812
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.⁽¹⁾	5.38	03/01/29		30,000		25,726
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.⁽¹⁾	5.75	07/15/27		25,000		22,961
Carriage Services, Inc.⁽¹⁾	4.25	05/15/29		10,000		8,190
CoreLogic, Inc.⁽¹⁾	4.50	05/01/28		20,000		15,871
Garda World Security Corp.⁽¹⁾	4.63	02/15/27		15,000		13,394
Garda World Security Corp.⁽¹⁾	7.75	02/15/28		15,000		14,441
Herc Holdings, Inc.⁽¹⁾	5.50	07/15/27		35,000		32,937
Hertz Corp.⁽¹⁾	4.63	12/01/26		15,000		12,579
Hertz Corp.⁽¹⁾	5.00	12/01/29		30,000		21,575
Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc.⁽¹⁾	5.00	02/01/26		10,000		9,546
Mobius Merger Sub, Inc.⁽¹⁾	9.00	06/01/30		15,000		13,460
MPH Acquisition Holdings LLC⁽¹⁾	5.50	09/01/28		30,000		25,534
Neptune Bidco US, Inc.⁽¹⁾	9.29	04/15/29		75,000		66,262
NESCO Holdings II, Inc.⁽¹⁾	5.50	04/15/29		25,000		21,462
Paysafe Finance PLC/Paysafe Holdings US Corp.⁽¹⁾	4.00	06/15/29		10,000		8,055
Prime Security Services Borrower LLC/Prime Finance, Inc.⁽¹⁾	6.25	01/15/28		40,000		37,132
PROG Holdings, Inc.⁽¹⁾	6.00	11/15/29		20,000		16,974
RR Donnelley & Sons Co.⁽¹⁾	9.75	07/31/28		10,000		9,813
Sabre GLBL, Inc.⁽¹⁾	8.63	06/01/27		25,000		20,757
Sabre GLBL, Inc.⁽¹⁾	11.25	12/15/27		15,000		13,367
Sotheby’s⁽¹⁾	7.38	10/15/27		30,000		26,824
StoneMor, Inc.⁽¹⁾	8.50	05/15/29		10,000		7,996
Upbound Group, Inc.⁽¹⁾	6.38	02/15/29		5,000		4,305
VT Topco, Inc.⁽¹⁾	8.50	08/15/30		15,000		14,648
WASH Multifamily Acquisition, Inc.⁽¹⁾	5.75	04/15/26		25,000		23,148
Williams Scotsman, Inc.⁽¹⁾	4.63	08/15/28		20,000		17,789
Williams Scotsman, Inc.⁽¹⁾	6.13	06/15/25		10,000		9,836

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
COMMERCIAL SERVICES – 5.3% (Continued)
Williams Scotsman, Inc.⁽¹⁾	7.38	10/01/31	$	10,000	$	9,842
WW International, Inc.⁽¹⁾	4.50	04/15/29		15,000		9,388
ZipRecruiter, Inc.⁽¹⁾	5.00	01/15/30		15,000		11,731
						693,644
COMPUTERS – 0.8%
Conduent Business Services LLC/Conduent State & Local Solutions, Inc.⁽¹⁾	6.00	11/01/29		15,000		12,382
NCR Voyix Corp.⁽¹⁾	5.00	10/01/28		25,000		21,622
NCR Voyix Corp.⁽¹⁾	5.13	04/15/29		35,000		30,135
NCR Voyix Corp.⁽¹⁾	5.25	10/01/30		15,000		12,439
Presidio Holdings, Inc.⁽¹⁾	4.88	02/01/27		15,000		13,762
Science Applications International Corp.⁽¹⁾	4.88	04/01/28		15,000		13,401
						103,741
DISTRIBUTION/WHOLESALE – 0.6%
American Builders & Contractors Supply Co., Inc.⁽¹⁾	3.88	11/15/29		10,000		8,339
G-III Apparel Group Ltd.⁽¹⁾	7.88	08/15/25		10,000		9,919
H&E Equipment Services, Inc.⁽¹⁾	3.88	12/15/28		40,000		33,925
Ritchie Bros Holdings, Inc.⁽¹⁾	7.75	03/15/31		25,000		25,094
						77,277
DIVERSIFIED FINANCIAL SERVICES – 1.7%
AG Issuer LLC⁽¹⁾	6.25	03/01/28		15,000		13,835
AG TTMT Escrow Issuer LLC⁽¹⁾	8.63	09/30/27		15,000		15,084
Castlelake Aviation Finance DAC⁽¹⁾	5.00	04/15/27		10,000		8,833
Coinbase Global, Inc.⁽¹⁾	3.38	10/01/28		35,000		25,731
Coinbase Global, Inc.⁽¹⁾	3.63	10/01/31		15,000		10,212
Enova International, Inc.⁽¹⁾	8.50	09/15/25		10,000		9,415
LFS Topco LLC⁽¹⁾	5.88	10/15/26		10,000		8,441
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.00	02/01/26		15,000		13,958
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.13	12/15/30		25,000		20,258
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.50	08/15/28		10,000		8,848
Nationstar Mortgage Holdings, Inc.⁽¹⁾	5.75	11/15/31		20,000		16,675
Nationstar Mortgage Holdings, Inc.⁽¹⁾	6.00	01/15/27		20,000		18,608
NFP Corp.⁽¹⁾	4.88	08/15/28		25,000		21,915
NFP Corp.⁽¹⁾	8.50	10/01/31		10,000		9,842
Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.⁽¹⁾	6.38	02/01/27		10,000		9,123
PHH Mortgage Corp.⁽¹⁾	7.88	03/15/26		10,000		8,638
						219,416
ELECTRIC – 0.6%
Calpine Corp.⁽¹⁾	5.00	02/01/31		40,000		32,303
Calpine Corp.⁽¹⁾	5.13	03/15/28		45,000		40,315
						72,618
ELECTRICAL COMPONENTS & EQUIPMENT – 0.3%
Energizer Holdings, Inc.⁽¹⁾	4.38	03/31/29		25,000		20,437
Energizer Holdings, Inc.⁽¹⁾	4.75	06/15/28		25,000		21,375
						41,812

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
ELECTRONICS – 0.3%
Coherent Corp.⁽¹⁾	5.00	12/15/29	$	30,000	$	25,498
Likewize Corp.⁽¹⁾	9.75	10/15/25		10,000		9,941
						35,439
ENERGY-ALTERNATE SOURCES – 0.3%
Enviva Partners LP/Enviva Partners Finance Corp.⁽¹⁾	6.50	01/15/26		25,000		17,590
Sunnova Energy Corp.⁽¹⁾	5.88	09/01/26		10,000		8,109
Sunnova Energy Corp.⁽¹⁾	11.75	10/01/28		10,000		8,538
						34,237
ENGINEERING & CONSTRUCTION – 0.7%
Brand Industrial Services, Inc.⁽¹⁾	10.38	08/01/30		40,000		39,750
Brundage-Bone Concrete Pumping Holdings, Inc.⁽¹⁾	6.00	02/01/26		10,000		9,465
Global Infrastructure Solutions, Inc.⁽¹⁾	5.63	06/01/29		20,000		16,032
HTA Group Ltd./Mauritius⁽¹⁾	7.00	12/18/25		30,000		29,074
						94,321
ENTERTAINMENT – 6.2%
Affinity Interactive⁽¹⁾	6.88	12/15/27		15,000		12,239
Banijay Entertainment SASU⁽¹⁾	8.13	05/01/29		15,000		14,638
Boyne USA, Inc.⁽¹⁾	4.75	05/15/29		20,000		17,432
Caesars Entertainment, Inc.⁽¹⁾	4.63	10/15/29		35,000		28,799
Caesars Entertainment, Inc.⁽¹⁾	6.25	07/01/25		100,000		98,468
Caesars Entertainment, Inc.⁽¹⁾	7.00	02/15/30		60,000		57,961
Caesars Entertainment, Inc.⁽¹⁾	8.13	07/01/27		40,000		39,667
CCM Merger, Inc.⁽¹⁾	6.38	05/01/26		10,000		9,474
CDI Escrow Issuer, Inc.⁽¹⁾	5.75	04/01/30		35,000		31,306
Cedar Fair LP	5.25	07/15/29		20,000		17,243
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op	5.38	04/15/27		20,000		18,537
Churchill Downs, Inc.⁽¹⁾	4.75	01/15/28		25,000		22,418
Churchill Downs, Inc.⁽¹⁾	5.50	04/01/27		20,000		18,777
Churchill Downs, Inc.⁽¹⁾	6.75	05/01/31		10,000		9,238
Cinemark USA, Inc.⁽¹⁾	5.25	07/15/28		35,000		30,260
Everi Holdings, Inc.⁽¹⁾	5.00	07/15/29		15,000		12,617
Jacobs Entertainment, Inc.⁽¹⁾	6.75	02/15/29		15,000		12,763
Light & Wonder International, Inc.⁽¹⁾	7.00	05/15/28		15,000		14,636
Light & Wonder International, Inc.⁽¹⁾	7.25	11/15/29		20,000		19,415
Light & Wonder International, Inc.⁽¹⁾	7.50	09/01/31		15,000		14,663
Lions Gate Capital Holdings LLC⁽¹⁾	5.50	04/15/29		25,000		16,476
Live Nation Entertainment, Inc.⁽¹⁾	4.75	10/15/27		35,000		32,018
Live Nation Entertainment, Inc.⁽¹⁾	4.88	11/01/24		20,000		19,593
Merlin Entertainments Ltd.⁽¹⁾	5.75	06/15/26		10,000		9,362
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.⁽¹⁾	4.88	05/01/29		25,000		20,835
Mohegan Tribal Gaming Authority⁽¹⁾	8.00	02/01/26		35,000		32,197
Odeon FinCo. PLC⁽¹⁾	12.75	11/01/27		10,000		9,971
Ontario Gaming GTA LP⁽¹⁾	8.00	08/01/30		10,000		9,786
Penn Entertainment, Inc.⁽¹⁾	5.63	01/15/27		25,000		22,827
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.⁽¹⁾	5.63	09/01/29		35,000		24,644
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.⁽¹⁾	5.88	09/01/31		10,000		6,800

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
ENTERTAINMENT – 6.2% (Continued)
Scientific Games Holdings LP/Scientific Games US FinCo., Inc.⁽¹⁾	6.63	03/01/30	$	25,000	$	21,523
SeaWorld Parks & Entertainment, Inc.⁽¹⁾	5.25	08/15/29		20,000		17,442
Six Flags Entertainment Corp.⁽¹⁾	5.50	04/15/27		20,000		18,226
Six Flags Entertainment Corp.⁽¹⁾	7.25	05/15/31		20,000		18,422
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.⁽¹⁾	5.13	10/01/29		25,000		21,345
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.⁽¹⁾	7.13	02/15/31		15,000		13,984
						816,002
ENVIRONMENTAL CONTROL – 0.8%
Covanta Holding Corp.⁽¹⁾	4.88	12/01/29		25,000		19,539
Covanta Holding Corp.	5.00	09/01/30		10,000		7,757
Enviri Corp.⁽¹⁾	5.75	07/31/27		15,000		12,694
GFL Environmental, Inc.⁽¹⁾	4.00	08/01/28		20,000		17,233
GFL Environmental, Inc.⁽¹⁾	4.38	08/15/29		20,000		17,078
GFL Environmental, Inc.⁽¹⁾	4.75	06/15/29		20,000		17,528
Madison IAQ LLC⁽¹⁾	4.13	06/30/28		20,000		16,727
						108,556
FOOD – 2.4%
Aragvi Finance International DAC⁽¹⁾	8.45	04/29/26		20,000		13,775
B&G Foods, Inc.⁽¹⁾	8.00	09/15/28		15,000		14,636
Chobani LLC/Chobani Finance Corp., Inc.⁽¹⁾	4.63	11/15/28		15,000		12,983
Performance Food Group, Inc.⁽¹⁾	4.25	08/01/29		30,000		25,345
Performance Food Group, Inc.⁽¹⁾	5.50	10/15/27		35,000		32,764
Post Holdings, Inc.⁽¹⁾	4.50	09/15/31		44,000		35,652
Post Holdings, Inc.⁽¹⁾	4.63	04/15/30		10,000		8,388
Post Holdings, Inc.⁽¹⁾	5.50	12/15/29		55,000		49,104
Post Holdings, Inc.⁽¹⁾	5.63	01/15/28		35,000		32,561
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed⁽¹⁾	4.63	03/01/29		25,000		20,336
United Natural Foods, Inc.⁽¹⁾	6.75	10/15/28		15,000		11,817
US Foods, Inc.⁽¹⁾	4.63	06/01/30		15,000		12,822
US Foods, Inc.⁽¹⁾	4.75	02/15/29		25,000		22,078
US Foods, Inc.⁽¹⁾	6.88	09/15/28		10,000		9,786
US Foods, Inc.⁽¹⁾	7.25	01/15/32		15,000		14,743
						316,790
FOOD SERVICE – 0.5%
Aramark Services, Inc.⁽¹⁾	5.00	04/01/25		20,000		19,568
Aramark Services, Inc.⁽¹⁾	5.00	02/01/28		30,000		27,544
TKC Holdings, Inc.⁽¹⁾	6.88	05/15/28		15,000		12,989
						60,101
FOREST PRODUCTS & PAPER – 0.2%
Mercer International, Inc.	5.13	02/01/29		35,000		27,486

GAS – 0.5%
AmeriGas Partners LP/AmeriGas Finance Corp.	5.50	05/20/25		15,000		14,393
AmeriGas Partners LP/AmeriGas Finance Corp.	5.75	05/20/27		15,000		13,800

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GAS – 0.5% (Continued)
AmeriGas Partners LP/AmeriGas Finance Corp.	5.88	08/20/26	$	20,000	$	18,769
AmeriGas Partners LP/AmeriGas Finance Corp.⁽¹⁾	9.38	06/01/28		15,000		14,837
						61,799
HEALTHCARE-PRODUCTS – 1.7%
Bausch & Lomb Escrow Corp.⁽¹⁾	8.38	10/01/28		35,000		34,807
Embecta Corp.⁽¹⁾	5.00	02/15/30		15,000		11,928
Medline Borrower LP⁽¹⁾	3.88	04/01/29		125,000		105,663
Medline Borrower LP⁽¹⁾	5.25	10/01/29		75,000		63,916
						216,314
HEALTHCARE-SERVICES – 5.7%
Acadia Healthcare Co., Inc.⁽¹⁾	5.00	04/15/29		20,000		17,853
Acadia Healthcare Co., Inc.⁽¹⁾	5.50	07/01/28		10,000		9,242
Catalent Pharma Solutions, Inc.⁽¹⁾	3.13	02/15/29		20,000		15,746
Catalent Pharma Solutions, Inc.⁽¹⁾	3.50	04/01/30		20,000		15,719
Catalent Pharma Solutions, Inc.⁽¹⁾	5.00	07/15/27		10,000		8,937
CHS/Community Health Systems, Inc.⁽¹⁾	4.75	02/15/31		30,000		20,143
CHS/Community Health Systems, Inc.⁽¹⁾	5.25	05/15/30		45,000		31,999
CHS/Community Health Systems, Inc.⁽¹⁾	5.63	03/15/27		65,000		52,860
CHS/Community Health Systems, Inc.⁽¹⁾	6.00	01/15/29		25,000		18,964
CHS/Community Health Systems, Inc.⁽¹⁾	8.00	03/15/26		70,000		64,080
DaVita, Inc.⁽¹⁾	3.75	02/15/31		35,000		25,188
DaVita, Inc.⁽¹⁾	4.63	06/01/30		85,000		66,684
Encompass Health Corp.	4.50	02/01/28		25,000		22,564
Encompass Health Corp.	4.63	04/01/31		10,000		8,336
Encompass Health Corp.	4.75	02/01/30		25,000		21,631
HealthEquity, Inc.⁽¹⁾	4.50	10/01/29		20,000		17,157
Heartland Dental LLC/Heartland Dental Finance Corp.⁽¹⁾	10.50	04/30/28		15,000		14,436
Legacy LifePoint Health LLC⁽¹⁾	4.38	02/15/27		20,000		16,557
LifePoint Health, Inc.⁽¹⁾	9.88	08/15/30		20,000		18,100
LifePoint Health, Inc.⁽¹⁾	11.00	10/15/30		30,000		28,270
ModivCare Escrow Issuer, Inc.⁽¹⁾	5.00	10/01/29		15,000		10,947
ModivCare, Inc.⁽¹⁾	5.88	11/15/25		15,000		14,191
Prime Healthcare Services, Inc.⁽¹⁾	7.25	11/01/25		25,000		22,777
Select Medical Corp.⁽¹⁾	6.25	08/15/26		35,000		34,077
Star Parent, Inc.⁽¹⁾	9.00	10/01/30		25,000		24,841
Tenet Healthcare Corp.	6.13	10/01/28		75,000		69,628
Tenet Healthcare Corp.	6.25	02/01/27		40,000		38,396
Tenet Healthcare Corp.	6.88	11/15/31		10,000		9,231
US Acute Care Solutions LLC⁽¹⁾	6.38	03/01/26		25,000		21,294
						739,848
HOME BUILDERS – 0.8%
Adams Homes, Inc.⁽¹⁾	9.25	10/15/28		15,000		14,524
Ashton Woods USA LLC/Ashton Woods Finance Co.⁽¹⁾	4.63	08/01/29		10,000		8,101
Ashton Woods USA LLC/Ashton Woods Finance Co.⁽¹⁾	4.63	04/01/30		15,000		11,629
Beazer Homes USA, Inc.	5.88	10/15/27		20,000		17,869
Brookfield Residential Properties, Inc./Brookfield Residential US LLC⁽¹⁾	4.88	02/15/30		20,000		15,228

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
HOME BUILDERS – 0.8% (Continued)
Brookfield Residential Properties, Inc./Brookfield Residential US LLC⁽¹⁾	6.25	09/15/27	$	25,000	$	21,775
Empire Communities Corp.⁽¹⁾	7.00	12/15/25		15,000		13,956
						103,082
HOUSEHOLD PRODUCTS/WARES – 0.2%
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.⁽¹⁾	5.00	12/31/26		10,000		9,056
Spectrum Brands, Inc.⁽¹⁾	3.88	03/15/31		25,000		20,037
						29,093
HOUSEWARES – 0.4%
CD&R Smokey Buyer, Inc.⁽¹⁾	6.75	07/15/25		20,000		19,134
Scotts Miracle-Gro Co.	4.00	04/01/31		20,000		14,898
Scotts Miracle-Gro Co.	4.50	10/15/29		25,000		19,776
						53,808
INSURANCE – 1.5%
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	4.25	02/15/29		20,000		16,422
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	4.25	10/15/27		25,000		22,005
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	6.75	04/15/28		35,000		33,296
AmWINS Group, Inc.⁽¹⁾	4.88	06/30/29		25,000		21,431
HUB International Ltd.⁽¹⁾	7.25	06/15/30		65,000		63,471
Jones Deslauriers Insurance Management, Inc.⁽¹⁾	8.50	03/15/30		25,000		24,586
Ryan Specialty LLC⁽¹⁾	4.38	02/01/30		15,000		12,867
						194,078
INTERNET – 2.5%
ANGI Group LLC⁽¹⁾	3.88	08/15/28		15,000		11,263
Arches Buyer, Inc.⁽¹⁾	4.25	06/01/28		30,000		24,880
Cablevision Lightpath LLC⁽¹⁾	3.88	09/15/27		10,000		8,172
Cars.com, Inc.⁽¹⁾	6.38	11/01/28		10,000		8,911
Cogent Communications Group, Inc.⁽¹⁾	7.00	06/15/27		15,000		14,188
EquipmentShare.com, Inc.⁽¹⁾	9.00	05/15/28		30,000		28,238
GrubHub Holdings, Inc.⁽¹⁾	5.50	07/01/27		15,000		11,048
ION Trading Technologies Sarl⁽¹⁾	5.75	05/15/28		10,000		8,310
Millennium Escrow Corp.⁽¹⁾	6.63	08/01/26		25,000		18,588
Newfold Digital Holdings Group, Inc.⁽¹⁾	11.75	10/15/28		15,000		15,167
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.⁽¹⁾	4.75	04/30/27		10,000		8,935
Rakuten Group, Inc.^(1),(2)	5.13	-		15,000		10,919
Rakuten Group, Inc.^(1),(2)	6.25	-		35,000		22,107
TripAdvisor, Inc.⁽¹⁾	7.00	07/15/25		15,000		14,865
Uber Technologies, Inc.⁽¹⁾	4.50	08/15/29		45,000		39,771
Uber Technologies, Inc.⁽¹⁾	6.25	01/15/28		15,000		14,461
Uber Technologies, Inc.⁽¹⁾	7.50	05/15/25		30,000		30,068
Uber Technologies, Inc.⁽¹⁾	7.50	09/15/27		30,000		30,106
						319,997
INVESTMENT COMPANIES – 0.3%
Compass Group Diversified Holdings LLC⁽¹⁾	5.25	04/15/29		40,000		34,199

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
IRON/STEEL – 0.3%
ATI, Inc.	4.88	10/01/29	$	10,000	$	8,530
ATI, Inc.	5.13	10/01/31		15,000		12,398
ATI, Inc.	7.25	08/15/30		15,000		14,457
TMS International Corp./DE⁽¹⁾	6.25	04/15/29		10,000		7,900
						43,285
LEISURE TIME – 4.2%
Carnival Corp.⁽¹⁾	5.75	03/01/27		95,000		84,886
Carnival Corp.⁽¹⁾	6.00	05/01/29		45,000		38,053
Carnival Corp.⁽¹⁾	7.63	03/01/26		45,000		43,793
Carnival Corp.⁽¹⁾	10.50	06/01/30		40,000		40,628
Carnival Holdings Bermuda Ltd.⁽¹⁾	10.38	05/01/28		50,000		53,354
Life Time, Inc.⁽¹⁾	8.00	04/15/26		15,000		14,637
Lindblad Expeditions LLC⁽¹⁾	6.75	02/15/27		10,000		9,122
NCL Corp. Ltd.⁽¹⁾	5.88	02/15/27		30,000		27,644
NCL Corp. Ltd.⁽¹⁾	8.13	01/15/29		25,000		24,452
NCL Corp. Ltd.⁽¹⁾	8.38	02/01/28		15,000		14,873
Royal Caribbean Cruises Ltd.	3.70	03/15/28		10,000		8,532
Royal Caribbean Cruises Ltd.⁽¹⁾	4.25	07/01/26		25,000		23,012
Royal Caribbean Cruises Ltd.⁽¹⁾	5.38	07/15/27		25,000		23,064
Royal Caribbean Cruises Ltd.⁽¹⁾	5.50	08/31/26		25,000		23,619
Royal Caribbean Cruises Ltd.⁽¹⁾	5.50	04/01/28		45,000		41,073
Royal Caribbean Cruises Ltd.	7.50	10/15/27		10,000		9,859
Royal Caribbean Cruises Ltd.⁽¹⁾	11.63	08/15/27		40,000		43,422
VOC Escrow Ltd.⁽¹⁾	5.00	02/15/28		30,000		26,981
						551,004
LODGING – 1.8%
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc⁽¹⁾	4.88	07/01/31		10,000		7,930
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc⁽¹⁾	5.00	06/01/29		30,000		25,155
Marriott Ownership Resorts, Inc.⁽¹⁾	4.50	06/15/29		25,000		20,565
MGM Resorts International	4.63	09/01/26		15,000		13,953
MGM Resorts International	4.75	10/15/28		20,000		17,470
MGM Resorts International	5.50	04/15/27		15,000		14,008
MGM Resorts International	5.75	06/15/25		25,000		24,469
MGM Resorts International	6.75	05/01/25		20,000		19,910
Station Casinos LLC⁽¹⁾	4.50	02/15/28		25,000		21,615
Station Casinos LLC⁽¹⁾	4.63	12/01/31		10,000		7,907
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.⁽¹⁾	5.25	05/15/27		30,000		27,741
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.⁽¹⁾	5.50	03/01/25		36,000		35,376
						236,099
MACHINERY-CONSTRUCTION & MINING – 0.4%
Manitowoc Co., Inc.⁽¹⁾	9.00	04/01/26		10,000		9,812
Terex Corp.⁽¹⁾	5.00	05/15/29		20,000		17,529
Vertiv Group Corp.⁽¹⁾	4.13	11/15/28		25,000		21,877
						49,218

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
MACHINERY-DIVERSIFIED – 0.8%
ATS Corp.⁽¹⁾	4.13	12/15/28	$	10,000	$	8,599
Chart Industries, Inc.⁽¹⁾	7.50	01/01/30		45,000		44,246
Chart Industries, Inc.⁽¹⁾	9.50	01/01/31		15,000		15,468
TK Elevator US Newco, Inc.⁽¹⁾	5.25	07/15/27		45,000		41,015
						109,328
MEDIA – 7.1%
Altice Financing SA⁽¹⁾	5.00	01/15/28		30,000		24,423
Altice Financing SA⁽¹⁾	5.75	08/15/29		65,000		50,336
Cable One, Inc.⁽¹⁾	4.00	11/15/30		20,000		14,913
CSC Holdings LLC⁽¹⁾	3.38	02/15/31		25,000		16,011
CSC Holdings LLC⁽¹⁾	4.13	12/01/30		30,000		20,125
CSC Holdings LLC⁽¹⁾	4.50	11/15/31		50,000		33,070
CSC Holdings LLC⁽¹⁾	5.38	02/01/28		25,000		19,932
CSC Holdings LLC⁽¹⁾	5.50	04/15/27		40,000		33,482
CSC Holdings LLC⁽¹⁾	6.50	02/01/29		50,000		39,604
CSC Holdings LLC⁽¹⁾	11.25	05/15/28		25,000		23,874
Cumulus Media New Holdings, Inc.⁽¹⁾	6.75	07/01/26		10,000		7,159
DISH DBS Corp.⁽¹⁾	5.25	12/01/26		90,000		72,767
DISH DBS Corp.⁽¹⁾	5.75	12/01/28		75,000		54,609
DISH Network Corp.⁽¹⁾	11.75	11/15/27		90,000		89,225
GCI LLC⁽¹⁾	4.75	10/15/28		20,000		17,181
Gray Escrow II, Inc.⁽¹⁾	5.38	11/15/31		45,000		28,400
Gray Television, Inc.⁽¹⁾	4.75	10/15/30		5,000		3,211
Gray Television, Inc.⁽¹⁾	5.88	07/15/26		20,000		17,830
Gray Television, Inc.⁽¹⁾	7.00	05/15/27		35,000		29,714
iHeartCommunications, Inc.⁽¹⁾	4.75	01/15/28		15,000		10,629
iHeartCommunications, Inc.⁽¹⁾	5.25	08/15/27		20,000		14,676
iHeartCommunications, Inc.	6.38	05/01/26		25,000		20,403
McGraw-Hill Education, Inc.⁽¹⁾	5.75	08/01/28		25,000		21,098
Scripps Escrow II, Inc.⁽¹⁾	5.38	01/15/31		10,000		6,217
Scripps Escrow, Inc.⁽¹⁾	5.88	07/15/27		15,000		11,226
Sinclair Television Group, Inc.⁽¹⁾	5.13	02/15/27		15,000		11,818
Sinclair Television Group, Inc.⁽¹⁾	5.50	03/01/30		5,000		2,723
Townsquare Media, Inc.⁽¹⁾	6.88	02/01/26		15,000		13,879
Univision Communications, Inc.⁽¹⁾	4.50	05/01/29		25,000		19,900
Univision Communications, Inc.⁽¹⁾	5.13	02/15/25		29,000		28,348
Univision Communications, Inc.⁽¹⁾	6.63	06/01/27		50,000		45,705
Univision Communications, Inc.⁽¹⁾	7.38	06/30/30		25,000		22,037
Univision Communications, Inc.⁽¹⁾	8.00	08/15/28		15,000		14,177
UPC Holding BV⁽¹⁾	5.50	01/15/28		10,000		8,734
Urban One, Inc.⁽¹⁾	7.38	02/01/28		25,000		20,579
Virgin Media Finance PLC⁽¹⁾	5.00	07/15/30		30,000		23,615
Virgin Media Vendor Financing Notes IV DAC⁽¹⁾	5.00	07/15/28		10,000		8,499
Ziggo Bond Co. BV⁽¹⁾	5.13	02/28/30		10,000		7,296
Ziggo Bond Co. BV⁽¹⁾	6.00	01/15/27		25,000		22,925
						930,350
METAL FABRICATE/HARDWARE – 0.1%
Roller Bearing Co. of America, Inc.⁽¹⁾	4.38	10/15/29		15,000		12,739

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
MINING – 1.0%
Compass Minerals International, Inc.⁽¹⁾	6.75	12/01/27	$	15,000	$	14,144
Constellium SE⁽¹⁾	3.75	04/15/29		25,000		20,609
Eldorado Gold Corp.⁽¹⁾	6.25	09/01/29		15,000		12,881
Hecla Mining Co.	7.25	02/15/28		10,000		9,560
Hudbay Minerals, Inc.⁽¹⁾	4.50	04/01/26		15,000		13,976
Hudbay Minerals, Inc.⁽¹⁾	6.13	04/01/29		20,000		17,921
Kaiser Aluminum Corp.⁽¹⁾	4.50	06/01/31		15,000		11,103
Kaiser Aluminum Corp.⁽¹⁾	4.63	03/01/28		15,000		12,513
New Gold, Inc.⁽¹⁾	7.50	07/15/27		10,000		9,393
Taseko Mines Ltd.⁽¹⁾	7.00	02/15/26		10,000		9,080
						131,180
MISCELLANEOUS MANUFACTURERS – 0.4%
Calderys Financing LLC⁽¹⁾	11.25	06/01/28		15,000		15,150
EnPro Industries, Inc.	5.75	10/15/26		10,000		9,486
Gates Global LLC/Gates Corp.⁽¹⁾	6.25	01/15/26		15,000		14,706
LSB Industries, Inc.⁽¹⁾	6.25	10/15/28		15,000		13,323
						52,665
OFFICE/BUSINESS EQUIPMENT – 0.1%
Pitney Bowes, Inc.⁽¹⁾	6.88	03/15/27		20,000		16,574

OIL & GAS – 7.0%
Aethon United BR LP/Aethon United Finance Corp.⁽¹⁾	8.25	02/15/26		25,000		24,854
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	5.88	06/30/29		10,000		8,844
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	7.00	11/01/26		30,000		28,999
Ascent Resources Utica Holdings LLC/ARU Finance Corp.⁽¹⁾	8.25	12/31/28		10,000		9,939
Berry Petroleum Co. LLC⁽¹⁾	7.00	02/15/26		15,000		14,413
California Resources Corp.⁽¹⁾	7.13	02/01/26		20,000		20,095
Callon Petroleum Co.⁽¹⁾	7.50	06/15/30		20,000		19,393
Callon Petroleum Co.⁽¹⁾	8.00	08/01/28		25,000		24,733
CITGO Petroleum Corp.⁽¹⁾	6.38	06/15/26		20,000		19,669
CITGO Petroleum Corp.⁽¹⁾	7.00	06/15/25		35,000		34,428
CITGO Petroleum Corp.⁽¹⁾	8.38	01/15/29		25,000		24,784
Comstock Resources, Inc.⁽¹⁾	5.88	01/15/30		25,000		21,401
Comstock Resources, Inc.⁽¹⁾	6.75	03/01/29		40,000		36,436
CVR Energy, Inc.⁽¹⁾	5.25	02/15/25		30,000		29,455
Diamond Foreign Asset Co./Diamond Finance LLC⁽¹⁾	8.50	10/01/30		15,000		14,634
Earthstone Energy Holdings LLC⁽¹⁾	8.00	04/15/27		15,000		15,232
Earthstone Energy Holdings LLC⁽¹⁾	9.88	07/15/31		15,000		16,170
Encino Acquisition Partners Holdings LLC⁽¹⁾	8.50	05/01/28		20,000		19,518
Energean PLC⁽¹⁾	6.50	04/30/27		15,000		12,567
Gran Tierra Energy, Inc.⁽¹⁾	7.75	05/23/27		15,000		12,746
Gran Tierra Energy, Inc.⁽¹⁾	9.50	10/15/29		15,000		12,895
Gulfport Energy Corp.⁽¹⁾	8.00	05/17/26		15,000		14,991
Ithaca Energy North Sea PLC⁽¹⁾	9.00	07/15/26		20,000		19,239
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.⁽¹⁾	6.00	08/01/26		10,000		9,610
Moss Creek Resources Holdings, Inc.⁽¹⁾	7.50	01/15/26		35,000		33,460
Nabors Industries, Inc.⁽¹⁾	7.38	05/15/27		20,000		18,610
Noble Finance II LLC⁽¹⁾	8.00	04/15/30		20,000		20,009

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
OIL & GAS – 7.0% (Continued)
Northern Oil & Gas, Inc.⁽¹⁾	8.13	03/01/28	$	25,000	$	24,708
Northern Oil & Gas, Inc.⁽¹⁾	8.75	06/15/31		15,000		14,943
Permian Resources Operating LLC⁽¹⁾	5.88	07/01/29		25,000		23,291
Permian Resources Operating LLC⁽¹⁾	7.00	01/15/32		10,000		9,704
Permian Resources Operating LLC⁽¹⁾	7.75	02/15/26		25,000		25,005
Precision Drilling Corp.⁽¹⁾	6.88	01/15/29		20,000		18,538
Rockcliff Energy II LLC⁽¹⁾	5.50	10/15/29		20,000		18,073
Sitio Royalties Operating Partnership LP/Sitio Finance Corp.⁽¹⁾	7.88	11/01/28		20,000		19,748
Strathcona Resources Ltd./Alberta⁽¹⁾	6.88	08/01/26		15,000		13,852
Talos Production, Inc.	12.00	01/15/26		20,000		20,802
Teine Energy Ltd.⁽¹⁾	6.88	04/15/29		10,000		9,271
Transocean Aquila Ltd.⁽¹⁾	8.00	09/30/28		15,000		14,795
Transocean Titan Financing Ltd.⁽¹⁾	8.38	02/01/28		25,000		25,126
Transocean, Inc.⁽¹⁾	8.75	02/15/30		28,500		28,440
Valaris Ltd.⁽¹⁾	8.38	04/30/30		35,000		34,375
Vermilion Energy, Inc.⁽¹⁾	6.88	05/01/30		20,000		18,681
Vital Energy, Inc.⁽¹⁾	7.75	07/31/29		10,000		9,065
Vital Energy, Inc.	9.50	01/15/25		20,000		20,112
Vital Energy, Inc.	9.75	10/15/30		10,000		9,810
Vital Energy, Inc.	10.13	01/15/28		15,000		15,053
						910,516
OIL & GAS SERVICES – 1.4%
Archrock Partners LP/Archrock Partners Finance Corp.⁽¹⁾	6.25	04/01/28		40,000		37,193
Bristow Group, Inc.⁽¹⁾	6.88	03/01/28		10,000		9,273
CGG SA⁽¹⁾	8.75	04/01/27		15,000		13,253
CSI Compressco LP/CSI Compressco Finance, Inc.⁽¹⁾	7.50	04/01/25		10,000		9,684
Enerflex Ltd.⁽¹⁾	9.00	10/15/27		20,000		18,220
USA Compression Partners LP/USA Compression Finance Corp.	6.88	04/01/26		25,000		24,304
USA Compression Partners LP/USA Compression Finance Corp.	6.88	09/01/27		20,000		19,183
Weatherford International Ltd.⁽¹⁾	8.63	04/30/30		45,000		45,513
						176,623
PACKAGING & CONTAINERS – 2.1%
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC⁽¹⁾	4.00	09/01/29		30,000		22,541
Clydesdale Acquisition Holdings, Inc.⁽¹⁾	6.63	04/15/29		15,000		13,642
Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC⁽¹⁾	6.00	09/15/28		20,000		16,441
LABL, Inc.⁽¹⁾	5.88	11/01/28		25,000		21,203
LABL, Inc.⁽¹⁾	6.75	07/15/26		20,000		18,405
Mauser Packaging Solutions Holding Co.⁽¹⁾	7.88	08/15/26		80,000		75,010
Owens-Brockway Glass Container, Inc.⁽¹⁾	6.63	05/13/27		25,000		23,777
Owens-Brockway Glass Container, Inc.⁽¹⁾	7.25	05/15/31		20,000		18,325
Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc.⁽¹⁾	4.38	10/15/28		20,000		17,036
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC⁽¹⁾	4.00	10/15/27		25,000		21,841
Trivium Packaging Finance BV⁽¹⁾	5.50	08/15/26		30,000		27,242
						275,463

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
PHARMACEUTICALS – 2.6%
AdaptHealth LLC⁽¹⁾	4.63	08/01/29	$	15,000	$	11,227
AdaptHealth LLC⁽¹⁾	5.13	03/01/30		20,000		15,170
AdaptHealth LLC⁽¹⁾	6.13	08/01/28		10,000		8,220
Bausch Health Cos, Inc.⁽¹⁾	4.88	06/01/28		40,000		19,998
Bausch Health Cos, Inc.⁽¹⁾	5.50	11/01/25		50,000		43,164
Bausch Health Cos, Inc.⁽¹⁾	6.13	02/01/27		40,000		22,357
Bausch Health Cos, Inc.⁽¹⁾	11.00	09/30/28		55,000		33,687
BellRing Brands, Inc.⁽¹⁾	7.00	03/15/30		25,000		24,307
Cheplapharm Arzneimittel GmbH⁽¹⁾	5.50	01/15/28		15,000		13,320
Elanco Animal Health, Inc.	6.65	08/28/28		20,000		19,150
Grifols SA⁽¹⁾	4.75	10/15/28		20,000		16,817
Herbalife Nutrition Ltd./HLF Financing, Inc.⁽¹⁾	7.88	09/01/25		15,000		14,130
HLF Financing Sarl LLC/Herbalife International, Inc.⁽¹⁾	4.88	06/01/29		20,000		13,678
Option Care Health, Inc.⁽¹⁾	4.38	10/31/29		15,000		12,553
Organon & Co./Organon Foreign Debt Co.-Issuer BV⁽¹⁾	5.13	04/30/31		60,000		46,917
Owens & Minor, Inc.⁽¹⁾	4.50	03/31/29		15,000		12,049
Owens & Minor, Inc.⁽¹⁾	6.63	04/01/30		15,000		13,125
						339,869
PIPELINES – 2.4%
Blue Racer Midstream LLC/Blue Racer Finance Corp.⁽¹⁾	7.63	12/15/25		30,000		30,070
Delek Logistics Partners LP/Delek Logistics Finance Corp.⁽¹⁾	7.13	06/01/28		15,000		13,665
FTAI Infra Escrow Holdings LLC⁽¹⁾	10.50	06/01/27		20,000		19,459
Genesis Energy LP/Genesis Energy Finance Corp.	6.50	10/01/25		25,000		24,446
Genesis Energy LP/Genesis Energy Finance Corp.	7.75	02/01/28		25,000		23,562
Genesis Energy LP/Genesis Energy Finance Corp.	8.00	01/15/27		40,000		38,446
Global Partners LP/GLP Finance Corp.	7.00	08/01/27		20,000		18,868
Howard Midstream Energy Partners LLC⁽¹⁾	6.75	01/15/27		10,000		9,460
Howard Midstream Energy Partners LLC⁽¹⁾	8.88	07/15/28		20,000		20,123
ITT Holdings LLC⁽¹⁾	6.50	08/01/29		35,000		29,307
Martin Midstream Partners LP/Martin Midstream Finance Corp.⁽¹⁾	11.50	02/15/28		10,000		9,778
NGL Energy Operating LLC/NGL Energy Finance Corp.⁽¹⁾	7.50	02/01/26		60,000		58,624
Summit Midstream Holdings LLC/Summit Midstream Finance Corp.^(1),(3)	9.00	10/15/26		25,000		24,025
						319,833
REAL ESTATE – 0.8%
Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.⁽¹⁾	7.00	04/15/30		29,400		24,273
Five Point Operating Co. LP/Five Point Capital Corp.⁽¹⁾	7.88	11/15/25		20,000		18,802
Hunt Cos, Inc.⁽¹⁾	5.25	04/15/29		15,000		11,842
Kennedy-Wilson, Inc.	4.75	03/01/29		35,000		26,373
Kennedy-Wilson, Inc.	5.00	03/01/31		15,000		10,776
Realogy Group LLC/Realogy Co.-Issuer Corp.⁽¹⁾	5.25	04/15/30		15,000		9,355
Realogy Group LLC/Realogy Co.-Issuer Corp.⁽¹⁾	5.75	01/15/29		2,000		1,262
						102,683
REAL ESTATE INVESTMENT TRUST (REITS) – 2.5%
Apollo Commercial Real Estate Finance, Inc.⁽¹⁾	4.63	06/15/29		15,000		11,498
Office Properties Income Trust	2.40	02/01/27		10,000		5,590
Office Properties Income Trust	2.65	06/15/26		10,000		6,585

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
REAL ESTATE INVESTMENT TRUST (REITS) – 2.5% (Continued)
Office Properties Income Trust	3.45	10/15/31	$	10,000	$	4,911
Office Properties Income Trust	4.50	02/01/25		15,000		12,841
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer⁽¹⁾	4.88	05/15/29		20,000		16,709
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer⁽¹⁾	5.88	10/01/28		20,000		18,033
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer⁽¹⁾	7.50	06/01/25		20,000		19,813
RHP Hotel Properties LP/RHP Finance Corp.⁽¹⁾	4.50	02/15/29		15,000		12,782
RHP Hotel Properties LP/RHP Finance Corp.	4.75	10/15/27		25,000		22,748
RHP Hotel Properties LP/RHP Finance Corp.⁽¹⁾	7.25	07/15/28		10,000		9,703
Rithm Capital Corp.⁽¹⁾	6.25	10/15/25		15,000		14,210
Service Properties Trust	3.95	01/15/28		25,000		18,715
Service Properties Trust	4.38	02/15/30		10,000		6,909
Service Properties Trust	4.95	10/01/29		10,000		7,219
Service Properties Trust	5.25	02/15/26		30,000		26,859
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC⁽¹⁾	4.75	04/15/28		20,000		16,183
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC⁽¹⁾	10.50	02/15/28		70,000		67,459
XHR LP⁽¹⁾	4.88	06/01/29		25,000		21,177
XHR LP⁽¹⁾	6.38	08/15/25		5,000		4,855
						324,799
RETAIL – 4.6%
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	4.00	10/15/30		85,000		69,698
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	4.38	01/15/28		20,000		18,026
Arko Corp.⁽¹⁾	5.13	11/15/29		15,000		12,178
Bath & Body Works, Inc.	6.95	03/01/33		10,000		8,657
Brinker International, Inc.⁽¹⁾	8.25	07/15/30		10,000		9,679
CEC Entertainment LLC⁽¹⁾	6.75	05/01/26		20,000		18,697
Dave & Buster’s, Inc.⁽¹⁾	7.63	11/01/25		15,000		14,903
eG Global Finance PLC⁽¹⁾	6.75	02/07/25		37,000		36,661
Evergreen Acqco 1 LP/TVI, Inc.⁽¹⁾	9.75	04/26/28		13,000		13,130
Ferrellgas LP/Ferrellgas Finance Corp.⁽¹⁾	5.38	04/01/26		20,000		18,739
Ferrellgas LP/Ferrellgas Finance Corp.⁽¹⁾	5.88	04/01/29		25,000		22,084
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.⁽¹⁾	4.63	01/15/29		30,000		25,242
IRB Holding Corp.⁽¹⁾	7.00	06/15/25		20,000		19,869
Ken Garff Automotive LLC⁽¹⁾	4.88	09/15/28		10,000		8,466
LCM Investments Holdings II LLC⁽¹⁾	4.88	05/01/29		30,000		25,172
LCM Investments Holdings II LLC⁽¹⁾	8.25	08/01/31		15,000		14,283
LSF9 Atlantis Holdings LLC/Victra Finance Corp.⁽¹⁾	7.75	02/15/26		25,000		22,592
Michaels Cos, Inc.⁽¹⁾	5.25	05/01/28		25,000		18,138
Papa John’s International, Inc.⁽¹⁾	3.88	09/15/29		10,000		8,215
Patrick Industries, Inc.⁽¹⁾	4.75	05/01/29		10,000		8,135
PetSmart, Inc./PetSmart Finance Corp.⁽¹⁾	7.75	02/15/29		35,000		32,256
QVC, Inc.	4.38	09/01/28		15,000		7,614
QVC, Inc.	4.45	02/15/25		15,000		12,934
QVC, Inc.	4.75	02/15/27		20,000		11,393
QVC, Inc.	5.45	08/15/34		10,000		4,243
QVC, Inc.	5.95	03/15/43		10,000		4,170

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
RETAIL – 4.6% (Continued)
Sizzling Platter LLC/Sizzling Platter Finance Corp.⁽¹⁾	8.50	11/28/25	$	10,000	$	9,975
Specialty Building Products Holdings LLC/SBP Finance Corp.⁽¹⁾	6.38	09/30/26		20,000		18,626
SRS Distribution, Inc.⁽¹⁾	4.63	07/01/28		20,000		17,469
Staples, Inc.⁽¹⁾	7.50	04/15/26		60,000		48,987
Suburban Propane Partners LP/Suburban Energy Finance Corp.⁽¹⁾	5.00	06/01/31		20,000		16,587
Suburban Propane Partners LP/Suburban Energy Finance Corp.	5.88	03/01/27		10,000		9,485
Victoria’s Secret & Co.⁽¹⁾	4.63	07/15/29		20,000		14,726
						601,029
SEMICONDUCTORS – 0.1%
ams-OSRAM AG⁽¹⁾	7.00	07/31/25		10,000		9,825

SOFTWARE – 3.1%
ACI Worldwide, Inc.⁽¹⁾	5.75	08/15/26		15,000		14,414
Alteryx, Inc.⁽¹⁾	8.75	03/15/28		10,000		9,884
Boxer Parent Co., Inc.⁽¹⁾	7.13	10/02/25		20,000		19,750
Capstone Borrower, Inc.⁽¹⁾	8.00	06/15/30		10,000		9,713
Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.⁽¹⁾	8.00	06/15/29		20,000		19,775
Central Parent, Inc./CDK Global, Inc.⁽¹⁾	7.25	06/15/29		25,000		24,043
Clarivate Science Holdings Corp.⁽¹⁾	4.88	07/01/29		25,000		21,116
Cloud Software Group, Inc.⁽¹⁾	6.50	03/31/29		115,000		101,075
Consensus Cloud Solutions, Inc.⁽¹⁾	6.50	10/15/28		25,000		20,745
Dun & Bradstreet Corp.⁽¹⁾	5.00	12/15/29		15,000		12,921
Elastic NV⁽¹⁾	4.13	07/15/29		15,000		12,657
Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl⁽¹⁾	4.63	05/01/28		10,000		8,405
MicroStrategy, Inc.⁽¹⁾	6.13	06/15/28		15,000		13,592
SS&C Technologies, Inc.⁽¹⁾	5.50	09/30/27		60,000		56,356
Veritas US, Inc./Veritas Bermuda Ltd.⁽¹⁾	7.50	09/01/25		50,000		40,971
ZoomInfo Technologies LLC/ZoomInfo Finance Corp.⁽¹⁾	3.88	02/01/29		20,000		16,533
						401,950
TELECOMMUNICATIONS – 7.0%
Altice France SA/France⁽¹⁾	5.13	07/15/29		65,000		44,548
Altice France SA/France⁽¹⁾	5.50	01/15/28		50,000		37,198
Altice France SA/France⁽¹⁾	5.50	10/15/29		60,000		41,319
Altice France SA/France⁽¹⁾	8.13	02/01/27		50,000		42,205
C&W Senior Financing DAC⁽¹⁾	6.88	09/15/27		35,000		30,127
CommScope, Inc.⁽¹⁾	4.75	09/01/29		35,000		23,938
CommScope, Inc.⁽¹⁾	6.00	03/01/26		45,000		37,860
Consolidated Communications, Inc.⁽¹⁾	5.00	10/01/28		5,000		3,771
Consolidated Communications, Inc.⁽¹⁾	6.50	10/01/28		30,000		23,760
Frontier Communications Holdings LLC⁽¹⁾	5.00	05/01/28		55,000		47,534
Frontier Communications Holdings LLC⁽¹⁾	5.88	10/15/27		40,000		36,501
Frontier Communications Holdings LLC	5.88	11/01/29		25,000		18,821
Frontier Communications Holdings LLC⁽¹⁾	6.00	01/15/30		20,000		15,079
Frontier Communications Holdings LLC⁽¹⁾	6.75	05/01/29		25,000		19,814
Frontier Communications Holdings LLC⁽¹⁾	8.63	03/15/31		15,000		14,118
Frontier Communications Holdings LLC⁽¹⁾	8.75	05/15/30		35,000		33,385
GoTo Group, Inc.⁽¹⁾	5.50	09/01/27		25,000		13,065
Hughes Satellite Systems Corp.	6.63	08/01/26		20,000		16,970

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
TELECOMMUNICATIONS – 7.0% (Continued)
Iliad Holding SASU⁽¹⁾	6.50	10/15/26	$	35,000	$	32,737
Iliad Holding SASU⁽¹⁾	7.00	10/15/28		25,000		22,644
Level 3 Financing, Inc.⁽¹⁾	3.40	03/01/27		20,000		18,535
Level 3 Financing, Inc.⁽¹⁾	3.63	01/15/29		20,000		10,238
Level 3 Financing, Inc.⁽¹⁾	3.75	07/15/29		20,000		10,192
Level 3 Financing, Inc.⁽¹⁾	3.88	11/15/29		30,000		26,760
Level 3 Financing, Inc.⁽¹⁾	4.25	07/01/28		40,000		22,656
Level 3 Financing, Inc.⁽¹⁾	4.63	09/15/27		30,000		19,976
Level 3 Financing, Inc.⁽¹⁾	10.50	05/15/30		20,000		20,033
Lumen Technologies, Inc.⁽¹⁾	4.00	02/15/27		35,000		23,657
Qwest Corp.	7.25	09/15/25		10,000		9,588
Telecom Italia Capital SA	6.00	09/30/34		35,000		28,842
Telecom Italia Capital SA	6.38	11/15/33		25,000		21,342
Telecom Italia Capital SA	7.20	07/18/36		25,000		21,641
Telecom Italia Capital SA	7.72	06/04/38		30,000		26,516
Viasat, Inc.⁽¹⁾	5.63	09/15/25		15,000		13,948
Viasat, Inc.⁽¹⁾	6.50	07/15/28		25,000		17,746
Viasat, Inc.⁽¹⁾	7.50	05/30/31		15,000		9,837
Windstream Escrow LLC/Windstream Escrow Finance Corp.⁽¹⁾	7.75	08/15/28		40,000		31,757
Zayo Group Holdings, Inc.⁽¹⁾	4.00	03/01/27		40,000		30,152
						918,810
WATER – 0.1%
Solaris Midstream Holdings LLC⁽¹⁾	7.63	04/01/26		10,000		9,548

TOTAL CORPORATE BONDS (Cost - $13,351,893)						12,736,394

SHORT-TERM INVESTMENTS – 1.5%
TIME DEPOSITS – 1.5%
JP Morgan Chase, New York	4.68	11/01/23		191,231		191,231
TOTAL SHORT-TERM INVESTMENTS (Cost - $191,231)						191,231

TOTAL INVESTMENTS – 99.0% (Cost - $13,543,124)					$	12,927,625
OTHER ASSETS LESS LIABILITIES – 1.0%						125,583
NET ASSETS – 100.0%					$	13,053,208

⁽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 October 31, 2023, amounts to $11,339,834 and represents 86.9% 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.
⁽³⁾	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 October 31, 2023.

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CORPORATE BONDS – 97.8%
ADVERTISING – 0.3%
Lamar Media Corp.	3.63	01/15/31	$	50,000	$	40,458
Lamar Media Corp.	3.75	02/15/28		50,000		44,451
Lamar Media Corp.	4.00	02/15/30		40,000		33,887
Lamar Media Corp.	4.88	01/15/29		45,000		41,307
						160,103
AEROSPACE/DEFENSE – 0.6%
Moog, Inc.⁽¹⁾	4.25	12/15/27		45,000		40,113
Rolls-Royce PLC⁽¹⁾	3.63	10/14/25		95,000		89,139
Rolls-Royce PLC⁽¹⁾	5.75	10/15/27		85,000		80,649
Spirit AeroSystems, Inc.	3.85	06/15/26		25,000		23,124
Spirit AeroSystems, Inc.⁽¹⁾	9.38	11/30/29		80,000		82,255
						315,280
AGRICULTURE – 0.4%
Darling Ingredients, Inc.⁽¹⁾	5.25	04/15/27		50,000		47,623
Darling Ingredients, Inc.⁽¹⁾	6.00	06/15/30		85,000		79,828
Turning Point Brands, Inc.⁽¹⁾	5.63	02/15/26		20,000		18,435
Vector Group Ltd.⁽¹⁾	5.75	02/01/29		75,000		63,626
						209,512
AIRLINES – 2.9%
Air Canada⁽¹⁾	3.88	08/15/26		105,000		95,639
Allegiant Travel Co.⁽¹⁾	7.25	08/15/27		55,000		49,831
American Airlines, Inc.⁽¹⁾	7.25	02/15/28		65,000		60,517
American Airlines, Inc.⁽¹⁾	11.75	07/15/25		175,000		185,633
American Airlines, Inc./AAdvantage Loyalty IP Ltd.⁽¹⁾	5.50	04/20/26		254,167		247,414
American Airlines, Inc./AAdvantage Loyalty IP Ltd.⁽¹⁾	5.75	04/20/29		270,000		243,818
Delta Air Lines, Inc.	3.75	10/28/29		45,000		38,306
Delta Air Lines, Inc.	4.38	04/19/28		40,000		36,783
Delta Air Lines, Inc.	7.38	01/15/26		70,000		70,769
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.⁽¹⁾	8.00	09/20/25		45,000		33,250
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.⁽¹⁾	8.00	09/20/25		55,000		40,638
United Airlines, Inc.⁽¹⁾	4.38	04/15/26		175,000		162,507
United Airlines, Inc.⁽¹⁾	4.63	04/15/29		180,000		152,209
						1,417,314
APPAREL – 0.3%
Kontoor Brands, Inc.⁽¹⁾	4.13	11/15/29		35,000		28,856
Levi Strauss & Co.⁽¹⁾	3.50	03/01/31		45,000		35,085
Under Armour, Inc.	3.25	06/15/26		55,000		50,143
William Carter Co.⁽¹⁾	5.63	03/15/27		45,000		42,684
						156,768
AUTO MANUFACTURERS – 2.3%
Allison Transmission, Inc.⁽¹⁾	3.75	01/30/31		100,000		79,355
Allison Transmission, Inc.⁽¹⁾	4.75	10/01/27		30,000		27,390
Allison Transmission, Inc.⁽¹⁾	5.88	06/01/29		40,000		37,125
Ford Motor Co.	3.25	02/12/32		80,000		60,443
Ford Motor Co.	4.75	01/15/43		55,000		38,274

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
AUTO MANUFACTURERS – 2.3% (Continued)
Ford Motor Co.	5.29	12/08/46	$	30,000	$	21,826
Ford Motor Co.	6.10	08/19/32		40,000		37,028
Ford Motor Co.	6.63	10/01/28		10,000		9,892
Ford Motor Co.	7.40	11/01/46		10,000		9,394
Ford Motor Co.	7.45	07/16/31		25,000		25,248
Ford Motor Co.	9.63	04/22/30		20,000		22,323
Ford Motor Credit Co. LLC	2.30	02/10/25		30,000		28,362
Ford Motor Credit Co. LLC	2.70	08/10/26		55,000		49,353
Ford Motor Credit Co. LLC	2.90	02/16/28		20,000		17,034
Ford Motor Credit Co. LLC	2.90	02/10/29		20,000		16,382
Ford Motor Credit Co. LLC	3.38	11/13/25		55,000		51,379
Ford Motor Credit Co. LLC	3.63	06/17/31		30,000		23,732
Ford Motor Credit Co. LLC	3.82	11/02/27		20,000		17,852
Ford Motor Credit Co. LLC	4.00	11/13/30		40,000		32,981
Ford Motor Credit Co. LLC	4.06	11/01/24		55,000		53,594
Ford Motor Credit Co. LLC	4.13	08/04/25		40,000		38,166
Ford Motor Credit Co. LLC	4.13	08/17/27		55,000		49,993
Ford Motor Credit Co. LLC	4.39	01/08/26		30,000		28,469
Ford Motor Credit Co. LLC	4.54	08/01/26		20,000		18,830
Ford Motor Credit Co. LLC	4.95	05/28/27		70,000		65,728
Ford Motor Credit Co. LLC	5.11	05/03/29		35,000		31,888
Ford Motor Credit Co. LLC	5.13	06/16/25		70,000		68,175
Ford Motor Credit Co. LLC	5.58	03/18/24		15,000		14,945
Ford Motor Credit Co. LLC	6.80	05/12/28		40,000		39,925
Ford Motor Credit Co. LLC	7.35	11/04/27		45,000		45,660
Ford Motor Credit Co. LLC	7.35	03/06/30		45,000		45,245
						1,105,991
AUTO PARTS & EQUIPMENT – 0.8%
Adient Global Holdings Ltd.⁽¹⁾	7.00	04/15/28		40,000		39,416
Dana, Inc.	4.25	09/01/30		60,000		47,568
Dana, Inc.	5.38	11/15/27		55,000		50,663
Dana, Inc.	5.63	06/15/28		20,000		18,148
Goodyear Tire & Rubber Co.	5.00	07/15/29		75,000		64,615
ZF North America Capital, Inc.⁽¹⁾	4.75	04/29/25		100,000		96,590
ZF North America Capital, Inc.⁽¹⁾	6.88	04/14/28		40,000		38,806
ZF North America Capital, Inc.⁽¹⁾	7.13	04/14/30		60,000		58,278
						414,084
BANKS – 1.7%
Associated Banc-Corp.	4.25	01/15/25		25,000		23,971
Dresdner Funding Trust I⁽¹⁾	8.15	06/30/31		85,000		89,091
Intesa Sanpaolo SpA⁽¹⁾	4.20	06/01/32		70,000		49,803
Intesa Sanpaolo SpA⁽¹⁾	4.95	06/01/42		70,000		41,108
Intesa Sanpaolo SpA⁽¹⁾	5.71	01/15/26		125,000		118,620
Pacific Western Bank	3.25	05/01/31		35,000		25,977
Popular, Inc.	7.25	03/13/28		35,000		34,739
Standard Chartered PLC^(1),(2)	7.01	-		65,000		59,813
Texas Capital Bancshares, Inc.	4.00	05/06/31		35,000		28,901

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
BANKS – 1.7% (Continued)
UniCredit SpA⁽¹⁾	5.46	06/30/35	$	125,000	$	102,602
UniCredit SpA⁽¹⁾	5.86	06/19/32		90,000		81,003
UniCredit SpA⁽¹⁾	7.30	04/02/34		115,000		106,750
Valley National Bancorp	3.00	06/15/31		30,000		24,008
Western Alliance Bancorp.	3.00	06/15/31		50,000		38,325
						824,711
BUILDING MATERIALS – 2.2%
Boise Cascade Co.⁽¹⁾	4.88	07/01/30		35,000		30,148
Builders FirstSource, Inc.⁽¹⁾	4.25	02/01/32		115,000		91,661
Builders FirstSource, Inc.⁽¹⁾	5.00	03/01/30		45,000		39,321
Builders FirstSource, Inc.⁽¹⁾	6.38	06/15/32		65,000		59,577
Emerald Debt Merger Sub LLC⁽¹⁾	6.63	12/15/30		200,000		190,500
James Hardie International Finance DAC⁽¹⁾	5.00	01/15/28		35,000		32,343
Knife River Corp.⁽¹⁾	7.75	05/01/31		35,000		34,923
Louisiana-Pacific Corp.⁽¹⁾	3.63	03/15/29		35,000		28,874
Masonite International Corp.⁽¹⁾	5.38	02/01/28		75,000		69,154
Smyrna Ready Mix Concrete LLC⁽¹⁾	6.00	11/01/28		95,000		87,925
Standard Industries, Inc./NJ⁽¹⁾	3.38	01/15/31		105,000		79,580
Standard Industries, Inc./NJ⁽¹⁾	4.38	07/15/30		130,000		106,338
Standard Industries, Inc./NJ⁽¹⁾	4.75	01/15/28		95,000		85,125
Standard Industries, Inc./NJ⁽¹⁾	5.00	02/15/27		75,000		69,408
Summit Materials LLC/Summit Materials Finance Corp.⁽¹⁾	5.25	01/15/29		60,000		54,389
Summit Materials LLC/Summit Materials Finance Corp.⁽¹⁾	6.50	03/15/27		25,000		24,366
						1,083,632
CHEMICALS – 2.2%
Ashland, Inc.⁽¹⁾	3.38	09/01/31		45,000		34,555
Ashland, Inc.	6.88	05/15/43		25,000		23,604
Avient Corp.⁽¹⁾	5.75	05/15/25		60,000		58,852
Avient Corp.⁽¹⁾	7.13	08/01/30		60,000		57,790
Chemours Co.⁽¹⁾	4.63	11/15/29		50,000		38,671
Chemours Co.	5.38	05/15/27		45,000		40,698
Chemours Co.⁽¹⁾	5.75	11/15/28		70,000		59,266
Element Solutions, Inc.⁽¹⁾	3.88	09/01/28		70,000		59,640
HB Fuller Co.	4.00	02/15/27		50,000		45,192
INEOS Finance PLC⁽¹⁾	6.75	05/15/28		35,000		32,723
INEOS Quattro Finance 2 PLC⁽¹⁾	3.38	01/15/26		45,000		43,023
Ingevity Corp.⁽¹⁾	3.88	11/01/28		45,000		36,574
Methanex Corp.	4.25	12/01/24		20,000		19,550
Methanex Corp.	5.13	10/15/27		80,000		73,287
Methanex Corp.	5.25	12/15/29		50,000		44,266
Methanex Corp.	5.65	12/01/44		20,000		14,797
Minerals Technologies, Inc.⁽¹⁾	5.00	07/01/28		40,000		35,017
NOVA Chemicals Corp.⁽¹⁾	4.25	05/15/29		55,000		40,730
NOVA Chemicals Corp.⁽¹⁾	5.00	05/01/25		45,000		42,545
NOVA Chemicals Corp.⁽¹⁾	5.25	06/01/27		85,000		71,933
Nufarm Australia Ltd./Nufarm Americas, Inc.⁽¹⁾	5.00	01/27/30		35,000		30,402
Olin Corp.	5.00	02/01/30		50,000		43,241

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CHEMICALS – 2.2% (Continued)
Olin Corp.	5.13	09/15/27	$	45,000	$	41,304
Olin Corp.	5.63	08/01/29		50,000		45,510
SNF Group SACA⁽¹⁾	3.13	03/15/27		40,000		35,491
SNF Group SACA⁽¹⁾	3.38	03/15/30		20,000		16,032
						1,084,693
COAL – 0.1%
SunCoke Energy, Inc.⁽¹⁾	4.88	06/30/29		45,000		37,718

COMMERCIAL SERVICES – 4.0%
ADT Security Corp.⁽¹⁾	4.13	08/01/29		85,000		73,000
ADT Security Corp.⁽¹⁾	4.88	07/15/32		70,000		58,634
Adtalem Global Education, Inc.⁽¹⁾	5.50	03/01/28		40,000		36,469
Albion Financing 1 Sarl/Aggreko Holdings, Inc.⁽¹⁾	6.13	10/15/26		50,000		46,308
AMN Healthcare, Inc.⁽¹⁾	4.00	04/15/29		25,000		20,735
AMN Healthcare, Inc.⁽¹⁾	4.63	10/01/27		50,000		44,928
APX Group, Inc.⁽¹⁾	6.75	02/15/27		50,000		48,330
Block, Inc.	2.75	06/01/26		95,000		85,343
Block, Inc.	3.50	06/01/31		85,000		65,685
Brink’s Co.⁽¹⁾	4.63	10/15/27		65,000		58,851
Brink’s Co.⁽¹⁾	5.50	07/15/25		25,000		24,353
CoreCivic, Inc.	4.75	10/15/27		20,000		17,393
CoreCivic, Inc.	8.25	04/15/26		60,000		60,800
Graham Holdings Co.⁽¹⁾	5.75	06/01/26		35,000		33,722
Grand Canyon University	5.13	10/01/28		35,000		31,056
GTCR W-2 Merger Sub LLC⁽¹⁾	7.50	01/15/31		190,000		187,767
Korn Ferry⁽¹⁾	4.63	12/15/27		35,000		31,871
Prime Security Services Borrower LLC/Prime Finance, Inc.⁽¹⁾	3.38	08/31/27		80,000		70,417
Prime Security Services Borrower LLC/Prime Finance, Inc.⁽¹⁾	5.75	04/15/26		125,000		121,386
Service Corp. International/US	3.38	08/15/30		80,000		64,168
Service Corp. International/US	4.00	05/15/31		75,000		60,791
Service Corp. International/US	4.63	12/15/27		20,000		18,518
Service Corp. International/US	5.13	06/01/29		85,000		77,987
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.⁽¹⁾	4.63	11/01/26		45,000		41,621
TriNet Group, Inc.⁽¹⁾	3.50	03/01/29		40,000		33,071
TriNet Group, Inc.⁽¹⁾	7.13	08/15/31		40,000		38,712
United Rentals North America, Inc.	3.75	01/15/32		75,000		59,735
United Rentals North America, Inc.	3.88	11/15/27		70,000		64,357
United Rentals North America, Inc.	3.88	02/15/31		90,000		74,185
United Rentals North America, Inc.	4.00	07/15/30		80,000		67,340
United Rentals North America, Inc.	4.88	01/15/28		155,000		143,959
United Rentals North America, Inc.	5.25	01/15/30		55,000		50,281
United Rentals North America, Inc.	5.50	05/15/27		30,000		29,015
						1,940,788
COMPUTERS – 1.7%
ASGN, Inc.⁽¹⁾	4.63	05/15/28		55,000		48,766
Crane NXT Co.	4.20	03/15/48		30,000		18,180
Crowdstrike Holdings, Inc.	3.00	02/15/29		65,000		54,394
KBR, Inc.⁽¹⁾	4.75	09/30/28		25,000		21,886

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
COMPUTERS – 1.7% (Continued)
NCR Atleos Escrow Corp.⁽¹⁾	9.50	04/01/29	$	125,000	$	122,661
Seagate HDD Cayman	4.09	06/01/29		65,000		56,108
Seagate HDD Cayman	4.13	01/15/31		13,000		10,351
Seagate HDD Cayman	4.75	01/01/25		45,000		44,066
Seagate HDD Cayman	4.88	06/01/27		50,000		47,011
Seagate HDD Cayman	5.75	12/01/34		50,000		42,373
Seagate HDD Cayman⁽¹⁾	8.25	12/15/29		40,000		40,696
Seagate HDD Cayman⁽¹⁾	8.50	07/15/31		40,000		40,750
Seagate HDD Cayman⁽¹⁾	9.63	12/01/32		55,850		59,599
Tempo Acquisition LLC/Tempo Acquisition Finance Corp.⁽¹⁾	5.75	06/01/25		25,000		24,391
Unisys Corp.⁽¹⁾	6.88	11/01/27		40,000		29,347
Western Digital Corp.	4.75	02/15/26		205,000		192,427
						853,006
COSMETICS/PERSONAL CARE – 0.7%
Coty, Inc.⁽¹⁾	5.00	04/15/26		80,000		76,515
Coty, Inc.⁽¹⁾	6.50	04/15/26		50,000		49,299
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC⁽¹⁾	4.75	01/15/29		40,000		35,455
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC⁽¹⁾	6.63	07/15/30		65,000		62,003
Edgewell Personal Care Co.⁽¹⁾	4.13	04/01/29		35,000		29,317
Edgewell Personal Care Co.⁽¹⁾	5.50	06/01/28		75,000		68,527
						321,116
DISTRIBUTION/WHOLESALE – 0.4%
American Builders & Contractors Supply Co., Inc.⁽¹⁾	4.00	01/15/28		60,000		53,923
Resideo Funding, Inc.⁽¹⁾	4.00	09/01/29		20,000		16,077
Ritchie Bros Holdings, Inc.⁽¹⁾	6.75	03/15/28		50,000		49,061
Windsor Holdings III LLC⁽¹⁾	8.50	06/15/30		70,000		68,230
						187,291
DIVERSIFIED FINANCIAL SERVICES – 5.0%
Ally Financial, Inc.	5.75	11/20/25		90,000		85,996
Ally Financial, Inc.	6.70	02/14/33		50,000		42,050
Brightsphere Investment Group, Inc.	4.80	07/27/26		25,000		22,723
Burford Capital Global Finance LLC⁽¹⁾	6.25	04/15/28		35,000		31,711
Burford Capital Global Finance LLC⁽¹⁾	6.88	04/15/30		35,000		31,541
Burford Capital Global Finance LLC⁽¹⁾	9.25	07/01/31		35,000		34,589
Credit Acceptance Corp.⁽¹⁾	5.13	12/31/24		20,000		19,402
Credit Acceptance Corp.	6.63	03/15/26		50,000		47,520
GGAM Finance Ltd.⁽¹⁾	7.75	05/15/26		35,000		34,759
GGAM Finance Ltd.⁽¹⁾	8.00	06/15/28		50,000		49,373
goeasy Ltd.⁽¹⁾	4.38	05/01/26		25,000		22,613
goeasy Ltd.⁽¹⁾	5.38	12/01/24		50,000		49,059
Jane Street Group/JSG Finance, Inc.⁽¹⁾	4.50	11/15/29		50,000		42,664
Jefferies Finance LLC/JFIN Co.-Issuer Corp.⁽¹⁾	5.00	08/15/28		90,000		71,929
Jefferson Capital Holdings LLC⁽¹⁾	6.00	08/15/26		25,000		21,858
Macquarie Airfinance Holdings Ltd.⁽¹⁾	8.13	03/30/29		50,000		49,300
Macquarie Airfinance Holdings Ltd.⁽¹⁾	8.38	05/01/28		45,000		44,903
Midcap Financial Issuer Trust⁽¹⁾	5.63	01/15/30		35,000		26,972
Midcap Financial Issuer Trust⁽¹⁾	6.50	05/01/28		85,000		72,126

The accompanying notes are an integral part of these financial statements.

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
DIVERSIFIED FINANCIAL SERVICES – 5.0% (Continued)
Navient Corp.	4.88	03/15/28	$	45,000	$	37,007
Navient Corp.	5.00	03/15/27		60,000		52,760
Navient Corp.	5.50	03/15/29		65,000		52,725
Navient Corp.	5.63	08/01/33		50,000		33,901
Navient Corp.	6.75	06/25/25		50,000		48,820
Navient Corp.	6.75	06/15/26		40,000		37,937
Navient Corp.	9.38	07/25/30		45,000		42,458
OneMain Finance Corp.	3.50	01/15/27		55,000		46,523
OneMain Finance Corp.	3.88	09/15/28		50,000		39,580
OneMain Finance Corp.	4.00	09/15/30		85,000		62,276
OneMain Finance Corp.	5.38	11/15/29		65,000		53,515
OneMain Finance Corp.	6.63	01/15/28		70,000		63,750
OneMain Finance Corp.	6.88	03/15/25		65,000		64,199
OneMain Finance Corp.	7.13	03/15/26		185,000		179,900
OneMain Finance Corp.	9.00	01/15/29		45,000		43,836
PennyMac Financial Services, Inc.⁽¹⁾	4.25	02/15/29		60,000		49,073
PennyMac Financial Services, Inc.⁽¹⁾	5.38	10/15/25		55,000		52,441
PennyMac Financial Services, Inc.⁽¹⁾	5.75	09/15/31		45,000		36,734
PRA Group, Inc.⁽¹⁾	5.00	10/01/29		25,000		16,616
PRA Group, Inc.⁽¹⁾	7.38	09/01/25		25,000		23,401
PRA Group, Inc.⁽¹⁾	8.38	02/01/28		40,000		32,975
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	2.88	10/15/26		115,000		100,247
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	3.63	03/01/29		65,000		52,910
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	3.88	03/01/31		120,000		92,932
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.⁽¹⁾	4.00	10/15/33		55,000		40,489
SLM Corp.	3.13	11/02/26		85,000		73,996
StoneX Group, Inc.⁽¹⁾	8.63	06/15/25		30,000		30,128
Synchrony Financial	7.25	02/02/33		65,000		55,156
United Wholesale Mortgage LLC⁽¹⁾	5.50	11/15/25		80,000		76,137
United Wholesale Mortgage LLC⁽¹⁾	5.50	04/15/29		70,000		58,703
United Wholesale Mortgage LLC⁽¹⁾	5.75	06/15/27		25,000		22,774
						2,474,987
ELECTRIC – 5.2%
Algonquin Power & Utilities Corp.	4.75	01/18/82		65,000		51,383
Atlantica Sustainable Infrastructure PLC⁽¹⁾	4.13	06/15/28		30,000		25,945
Calpine Corp.⁽¹⁾	3.75	03/01/31		100,000		79,798
Calpine Corp.⁽¹⁾	4.50	02/15/28		95,000		85,750
Calpine Corp.⁽¹⁾	5.25	06/01/26		35,000		33,530
Clearway Energy Operating LLC⁽¹⁾	3.75	02/15/31		95,000		74,186
Clearway Energy Operating LLC⁽¹⁾	3.75	01/15/32		25,000		18,966
Clearway Energy Operating LLC⁽¹⁾	4.75	03/15/28		70,000		62,555
DPL, Inc.	4.13	07/01/25		65,000		61,358
DPL, Inc.	4.35	04/15/29		15,000		12,250
Drax FinCo. PLC⁽¹⁾	6.63	11/01/25		45,000		43,351
Edison International	8.13	06/15/53		40,000		38,670
Electricite de France SA^(1),(2)	9.13	-		130,000		133,753
Emera, Inc.	6.75	06/15/76		105,000		99,140
FirstEnergy Corp.	2.65	03/01/30		50,000		40,379

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
ELECTRIC – 5.2% (Continued)
FirstEnergy Corp.	3.40	03/01/50	$	80,000	$	48,471
FirstEnergy Corp.	4.15	07/15/27		210,000		194,549
FirstEnergy Corp.	5.10	07/15/47		54,000		44,837
FirstEnergy Corp.	7.38	11/15/31		45,000		48,580
Leeward Renewable Energy Operations LLC⁽¹⁾	4.25	07/01/29		40,000		32,715
NextEra Energy Operating Partners LP⁽¹⁾	3.88	10/15/26		30,000		27,304
NextEra Energy Operating Partners LP⁽¹⁾	4.50	09/15/27		60,000		53,781
NRG Energy, Inc.⁽¹⁾	3.38	02/15/29		50,000		40,754
NRG Energy, Inc.⁽¹⁾	3.63	02/15/31		90,000		68,029
NRG Energy, Inc.⁽¹⁾	3.88	02/15/32		95,000		70,742
NRG Energy, Inc.⁽¹⁾	5.25	06/15/29		70,000		61,839
NRG Energy, Inc.	5.75	01/15/28		65,000		60,902
NRG Energy, Inc.	6.63	01/15/27		35,000		34,002
Pattern Energy Operations LP/Pattern Energy Operations, Inc.⁽¹⁾	4.50	08/15/28		55,000		47,997
PG&E Corp.	5.00	07/01/28		85,000		77,085
PG&E Corp.	5.25	07/01/30		90,000		78,969
Talen Energy Supply LLC⁽¹⁾	8.63	06/01/30		105,000		106,796
Terraform Global Operating LP⁽¹⁾	6.13	03/01/26		35,000		33,679
TransAlta Corp.	6.50	03/15/40		25,000		22,093
TransAlta Corp.	7.75	11/15/29		35,000		34,861
Vistra Operations Co. LLC⁽¹⁾	4.38	05/01/29		130,000		110,566
Vistra Operations Co. LLC⁽¹⁾	5.00	07/31/27		85,000		77,834
Vistra Operations Co. LLC⁽¹⁾	5.50	09/01/26		85,000		80,946
Vistra Operations Co. LLC⁽¹⁾	5.63	02/15/27		130,000		122,451
Vistra Operations Co. LLC⁽¹⁾	7.75	10/15/31		100,000		96,642
						2,537,438
ELECTRICAL COMPONENTS & EQUIPMENT – 0.5%
EnerSys⁽¹⁾	4.38	12/15/27		20,000		17,736
WESCO Distribution, Inc.⁽¹⁾	7.13	06/15/25		130,000		130,051
WESCO Distribution, Inc.⁽¹⁾	7.25	06/15/28		115,000		114,393
						262,180
ELECTRONICS – 1.1%
Atkore, Inc.⁽¹⁾	4.25	06/01/31		35,000		28,969
Imola Merger Corp.⁽¹⁾	4.75	05/15/29		175,000		152,715
Sensata Technologies BV⁽¹⁾	4.00	04/15/29		110,000		93,635
Sensata Technologies BV⁽¹⁾	5.00	10/01/25		85,000		82,736
Sensata Technologies BV⁽¹⁾	5.88	09/01/30		55,000		50,297
Sensata Technologies, Inc.⁽¹⁾	3.75	02/15/31		90,000		72,153
TTM Technologies, Inc.⁽¹⁾	4.00	03/01/29		45,000		36,956
						517,461
ENERGY-ALTERNATE SOURCES – 0.3%
TerraForm Power Operating LLC⁽¹⁾	4.75	01/15/30		60,000		50,770
TerraForm Power Operating LLC⁽¹⁾	5.00	01/31/28		65,000		59,612
Topaz Solar Farms LLC⁽¹⁾	5.75	09/30/39		47,159		42,894
						153,276

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)
October 31, 2023

				Face
		Rate (%)	Maturity	Amount		Value
ENGINEERING & CONSTRUCTION – 0.8%
AECOM		5.13	03/15/27	$	85,000	$	80,346
Arcosa, Inc.⁽¹⁾		4.38	04/15/29		30,000		26,209
ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Par⁽¹⁾		4.05	04/27/26		35,000		29,942
Cellnex Finance Co. SA⁽¹⁾		3.88	07/07/41		55,000		36,700
Dycom Industries, Inc.⁽¹⁾		4.50	04/15/29		45,000		38,884
Fluor Corp.		4.25	09/15/28		80,000		72,624
TopBuild Corp.⁽¹⁾		3.63	03/15/29		35,000		29,216
TopBuild Corp.⁽¹⁾		4.13	02/15/32		45,000		35,659
Weekley Homes LLC/Weekley Finance Corp.⁽¹⁾	��	4.88	09/15/28		30,000		25,799
							375,379
ENTERTAINMENT – 1.9%
Caesars Resort Collection LLC/CRC Finco, Inc.⁽¹⁾		5.75	07/01/25		90,000		88,670
Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Op⁽¹⁾		5.50	05/01/25		95,000		93,199
International Game Technology PLC⁽¹⁾		4.13	04/15/26		75,000		70,644
International Game Technology PLC⁽¹⁾		5.25	01/15/29		75,000		68,309
International Game Technology PLC⁽¹⁾		6.25	01/15/27		50,000		48,775
International Game Technology PLC⁽¹⁾		6.50	02/15/25		43,000		42,751
Live Nation Entertainment, Inc.⁽¹⁾		3.75	01/15/28		50,000		43,825
Live Nation Entertainment, Inc.⁽¹⁾		6.50	05/15/27		100,000		97,662
Raptor Acquisition Corp./Raptor Co.-Issuer LLC⁽¹⁾		4.88	11/01/26		30,000		27,945
Resorts World Las Vegas LLC/RWLV Capital, Inc.⁽¹⁾		4.63	04/16/29		115,000		88,441
Resorts World Las Vegas LLC/RWLV Capital, Inc.⁽¹⁾		8.45	07/27/30		35,000		32,306
Six Flags Theme Parks, Inc.⁽¹⁾		7.00	07/01/25		36,000		35,786
Vail Resorts, Inc.⁽¹⁾		6.25	05/15/25		50,000		49,735
WMG Acquisition Corp.⁽¹⁾		3.00	02/15/31		75,000		58,288
WMG Acquisition Corp.⁽¹⁾		3.75	12/01/29		50,000		42,025
WMG Acquisition Corp.⁽¹⁾		3.88	07/15/30		40,000		33,289
							921,650
ENVIRONMENTAL CONTROL – 0.7%
Clean Harbors, Inc.⁽¹⁾		4.88	07/15/27		55,000		51,331
Clean Harbors, Inc.⁽¹⁾		5.13	07/15/29		20,000		18,011
Clean Harbors, Inc.⁽¹⁾		6.38	02/01/31		45,000		42,826
GFL Environmental, Inc.⁽¹⁾		3.50	09/01/28		75,000		64,304
GFL Environmental, Inc.⁽¹⁾		3.75	08/01/25		80,000		75,754
GFL Environmental, Inc.⁽¹⁾		4.25	06/01/25		20,000		19,247
GFL Environmental, Inc.⁽¹⁾		5.13	12/15/26		45,000		42,750
Stericycle, Inc.⁽¹⁾		3.88	01/15/29		45,000		38,285
							352,508
FOOD – 2.0%
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾		3.25	03/15/26		110,000		101,717
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾		3.50	03/15/29		125,000		106,712
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾		4.63	01/15/27		145,000		136,036
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾		4.88	02/15/30		80,000		71,515
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾		5.88	02/15/28		55,000		52,738
Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC⁽¹⁾		6.50	02/15/28		70,000		68,800

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
FOOD – 2.0% (Continued)
Ingles Markets, Inc.⁽¹⁾	4.00	06/15/31	$	30,000	$	23,887
Lamb Weston Holdings, Inc.⁽¹⁾	4.13	01/31/30		75,000		63,698
Lamb Weston Holdings, Inc.⁽¹⁾	4.38	01/31/32		65,000		53,848
Lamb Weston Holdings, Inc.⁽¹⁾	4.88	05/15/28		50,000		46,219
Pilgrim’s Pride Corp.	3.50	03/01/32		80,000		61,043
Pilgrim’s Pride Corp.	4.25	04/15/31		85,000		70,106
Pilgrim’s Pride Corp.	6.25	07/01/33		90,000		82,822
Pilgrim’s Pride Corp.	6.88	05/15/34		40,000		37,898
Safeway, Inc.	7.25	02/01/31		25,000		25,215
						1,002,254
FOREST PRODUCTS & PAPER – 0.1%
Domtar Corp.⁽¹⁾	6.75	10/01/28		60,000		48,898

HEALTHCARE-PRODUCTS – 0.8%
Avantor Funding, Inc.⁽¹⁾	3.88	11/01/29		75,000		62,834
Avantor Funding, Inc.⁽¹⁾	4.63	07/15/28		135,000		120,331
Hologic, Inc.⁽¹⁾	3.25	02/15/29		85,000		71,450
Hologic, Inc.⁽¹⁾	4.63	02/01/28		40,000		36,418
Teleflex, Inc.⁽¹⁾	4.25	06/01/28		25,000		22,089
Teleflex, Inc.	4.63	11/15/27		60,000		54,960
						368,082
HEALTHCARE-SERVICES – 3.0%
Charles River Laboratories International, Inc.⁽¹⁾	3.75	03/15/29		45,000		38,032
Charles River Laboratories International, Inc.⁽¹⁾	4.00	03/15/31		45,000		36,780
Charles River Laboratories International, Inc.⁽¹⁾	4.25	05/01/28		45,000		40,032
Fortrea Holdings, Inc.⁽¹⁾	7.50	07/01/30		50,000		48,313
IQVIA, Inc.⁽¹⁾	5.00	10/15/26		100,000		95,439
IQVIA, Inc.⁽¹⁾	5.00	05/15/27		85,000		80,055
IQVIA, Inc.⁽¹⁾	6.50	05/15/30		50,000		48,563
Molina Healthcare, Inc.⁽¹⁾	3.88	11/15/30		55,000		44,924
Molina Healthcare, Inc.⁽¹⁾	3.88	05/15/32		60,000		47,217
Molina Healthcare, Inc.⁽¹⁾	4.38	06/15/28		78,000		69,529
Pediatrix Medical Group, Inc.⁽¹⁾	5.38	02/15/30		40,000		34,549
Tenet Healthcare Corp.	4.25	06/01/29		135,000		115,676
Tenet Healthcare Corp.	4.38	01/15/30		120,000		101,613
Tenet Healthcare Corp.	4.63	06/15/28		50,000		44,525
Tenet Healthcare Corp.	4.88	01/01/26		195,000		187,068
Tenet Healthcare Corp.	5.13	11/01/27		130,000		120,131
Tenet Healthcare Corp.	6.13	06/15/30		165,000		152,917
Tenet Healthcare Corp.⁽¹⁾	6.75	05/15/31		130,000		123,615
Toledo Hospital	4.98	11/15/45		25,000		14,598
Toledo Hospital	5.33	11/15/28		25,000		19,219
Toledo Hospital	6.02	11/15/48		40,000		26,800
						1,489,595
HOLDING COMPANIES-DIVERS – 0.2%
Benteler International AG⁽¹⁾	10.50	05/15/28		50,000		50,415
Stena International SA⁽¹⁾	6.13	02/01/25		35,000		34,337
						84,752

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
HOME BUILDERS – 1.4%
Century Communities, Inc.⁽¹⁾	3.88	08/15/29	$	40,000	$	32,325
Century Communities, Inc.	6.75	06/01/27		50,000		48,322
Forestar Group, Inc.⁽¹⁾	3.85	05/15/26		35,000		31,190
Forestar Group, Inc.⁽¹⁾	5.00	03/01/28		30,000		26,364
KB Home	4.00	06/15/31		40,000		31,283
KB Home	4.80	11/15/29		15,000		13,014
KB Home	6.88	06/15/27		15,000		14,902
KB Home	7.25	07/15/30		50,000		48,063
LGI Homes, Inc.⁽¹⁾	4.00	07/15/29		30,000		22,987
M/I Homes, Inc.	3.95	02/15/30		20,000		15,933
M/I Homes, Inc.	4.95	02/01/28		40,000		35,813
Mattamy Group Corp.⁽¹⁾	4.63	03/01/30		60,000		49,059
Mattamy Group Corp.⁽¹⁾	5.25	12/15/27		40,000		35,987
Shea Homes LP/Shea Homes Funding Corp.	4.75	02/15/28		40,000		35,206
Shea Homes LP/Shea Homes Funding Corp.	4.75	04/01/29		20,000		16,928
Taylor Morrison Communities, Inc.⁽¹⁾	5.13	08/01/30		40,000		33,664
Taylor Morrison Communities, Inc.⁽¹⁾	5.75	01/15/28		45,000		40,899
Taylor Morrison Communities, Inc.⁽¹⁾	5.88	06/15/27		40,000		37,543
Thor Industries, Inc.⁽¹⁾	4.00	10/15/29		45,000		36,329
Tri Pointe Homes, Inc.	5.70	06/15/28		55,000		49,036
Winnebago Industries, Inc.⁽¹⁾	6.25	07/15/28		25,000		23,535
						678,382
HOME FURNISHINGS – 0.2%
Tempur Sealy International, Inc.⁽¹⁾	3.88	10/15/31		70,000		52,513
Tempur Sealy International, Inc.⁽¹⁾	4.00	04/15/29		80,000		65,747
						118,260
HOUSEHOLD PRODUCTS/WARES – 0.3%
ACCO Brands Corp.⁽¹⁾	4.25	03/15/29		55,000		45,715
Central Garden & Pet Co.	4.13	10/15/30		55,000		44,924
Central Garden & Pet Co.⁽¹⁾	4.13	04/30/31		45,000		35,854
						126,493
HOUSEWARES – 0.7%
Newell Brands, Inc.	4.88	06/01/25		45,000		43,225
Newell Brands, Inc.	5.20	04/01/26		175,000		165,387
Newell Brands, Inc.	6.38	09/15/27		50,000		46,982
Newell Brands, Inc.	6.38	04/01/36		35,000		27,517
Newell Brands, Inc.	6.50	04/01/46		65,000		45,719
Newell Brands, Inc.	6.63	09/15/29		35,000		32,264
						361,094
INSURANCE – 0.7%
Assurant, Inc.	7.00	03/27/48		35,000		33,669
Constellation Insurance, Inc.⁽¹⁾	6.63	05/01/31		25,000		21,689
Constellation Insurance, Inc.⁽¹⁾	6.80	01/24/30		35,000		29,985
Genworth Holdings, Inc.	6.50	06/15/34		25,000		21,733
Global Atlantic Finance Co.⁽¹⁾	4.70	10/15/51		65,000		45,341
Liberty Mutual Group, Inc.⁽¹⁾	4.13	12/15/51		70,000		55,696

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
INSURANCE – 0.7% (Continued)
Liberty Mutual Group, Inc.⁽¹⁾	4.30	02/01/61	$	85,000	$	44,480
MGIC Investment Corp.	5.25	08/15/28		60,000		55,209
NMI Holdings, Inc.⁽¹⁾	7.38	06/01/25		35,000		35,084
						342,886
INTERNET – 1.4%
Cogent Communications Group, Inc.⁽¹⁾	3.50	05/01/26		40,000		36,250
Gen Digital, Inc.⁽¹⁾	5.00	04/15/25		85,000		82,381
Gen Digital, Inc.⁽¹⁾	6.75	09/30/27		85,000		82,835
Gen Digital, Inc.⁽¹⁾	7.13	09/30/30		59,000		57,469
Go Daddy Operating Co. LLC/GD Finance Co., Inc.⁽¹⁾	3.50	03/01/29		75,000		63,031
Go Daddy Operating Co. LLC/GD Finance Co., Inc.⁽¹⁾	5.25	12/01/27		50,000		46,913
Match Group Holdings II LLC⁽¹⁾	3.63	10/01/31		45,000		34,577
Match Group Holdings II LLC⁽¹⁾	4.13	08/01/30		45,000		36,617
Match Group Holdings II LLC⁽¹⁾	4.63	06/01/28		45,000		40,454
Match Group Holdings II LLC⁽¹⁾	5.00	12/15/27		40,000		36,932
Match Group Holdings II LLC⁽¹⁾	5.63	02/15/29		30,000		27,114
Rakuten Group, Inc.⁽¹⁾	10.25	11/30/24		85,000		86,064
Ziff Davis, Inc.⁽¹⁾	4.63	10/15/30		45,000		37,725
						668,362
INVESTMENT COMPANIES – 0.7%
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	4.38	02/01/29		75,000		57,838
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	5.25	05/15/27		150,000		128,554
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	6.25	05/15/26		105,000		96,062
Icahn Enterprises LP/Icahn Enterprises Finance Corp.	6.38	12/15/25		40,000		37,668
						320,122
IRON/STEEL – 1.5%
Big River Steel LLC/BRS Finance Corp.⁽¹⁾	6.63	01/31/29		70,000		69,222
Carpenter Technology Corp.	6.38	07/15/28		30,000		28,572
Carpenter Technology Corp.	7.63	03/15/30		30,000		29,656
Cleveland-Cliffs, Inc.⁽¹⁾	4.63	03/01/29		30,000		25,895
Cleveland-Cliffs, Inc.⁽¹⁾	4.88	03/01/31		30,000		24,793
Cleveland-Cliffs, Inc.	5.88	06/01/27		50,000		47,691
Cleveland-Cliffs, Inc.⁽¹⁾	6.75	03/15/26		75,000		74,653
Cleveland-Cliffs, Inc.⁽¹⁾	6.75	04/15/30		65,000		60,349
Commercial Metals Co.	3.88	02/15/31		55,000		44,719
Commercial Metals Co.	4.13	01/15/30		25,000		21,130
Mineral Resources Ltd.⁽¹⁾	8.00	11/01/27		45,000		43,534
Mineral Resources Ltd.⁽¹⁾	8.13	05/01/27		63,000		61,352
Mineral Resources Ltd.⁽¹⁾	8.50	05/01/30		65,000		62,310
Mineral Resources Ltd.⁽¹⁾	9.25	10/01/28		100,000		100,125
United States Steel Corp.	6.65	06/01/37		25,000		23,849
United States Steel Corp.	6.88	03/01/29		39,000		37,935
						755,785
LEISURE TIME – 1.5%
Acushnet Co.⁽¹⁾	7.38	10/15/28		30,000		30,084
Carnival Corp.⁽¹⁾	4.00	08/01/28		210,000		182,836

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
LEISURE TIME – 1.5% (Continued)
Carnival Corp.⁽¹⁾	7.00	08/15/29	$	45,000	$	44,166
Carnival Corp.⁽¹⁾	9.88	08/01/27		65,000		67,799
Life Time, Inc.⁽¹⁾	5.75	01/15/26		80,000		77,549
Royal Caribbean Cruises Ltd.⁽¹⁾	7.25	01/15/30		70,000		69,121
Royal Caribbean Cruises Ltd.⁽¹⁾	8.25	01/15/29		70,000		71,828
Royal Caribbean Cruises Ltd.⁽¹⁾	9.25	01/15/29		100,000		104,486
Royal Caribbean Cruises Ltd.⁽¹⁾	11.50	06/01/25		46,000		48,652
Vista Outdoor, Inc.⁽¹⁾	4.50	03/15/29		45,000		41,914
						738,435
LODGING – 2.2%
Boyd Gaming Corp.	4.75	12/01/27		85,000		77,509
Boyd Gaming Corp.⁽¹⁾	4.75	06/15/31		85,000		70,643
Genting New York LLC/GENNY Capital, Inc.⁽¹⁾	3.30	02/15/26		45,000		40,166
Hilton Domestic Operating Co., Inc.⁽¹⁾	3.63	02/15/32		135,000		106,838
Hilton Domestic Operating Co., Inc.⁽¹⁾	3.75	05/01/29		80,000		68,942
Hilton Domestic Operating Co., Inc.⁽¹⁾	4.00	05/01/31		90,000		74,632
Hilton Domestic Operating Co., Inc.	4.88	01/15/30		90,000		80,880
Hilton Domestic Operating Co., Inc.⁽¹⁾	5.38	05/01/25		35,000		34,494
Hilton Domestic Operating Co., Inc.⁽¹⁾	5.75	05/01/28		45,000		43,155
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp.	4.88	04/01/27		50,000		47,200
Las Vegas Sands Corp.	2.90	06/25/25		50,000		46,981
Las Vegas Sands Corp.	3.50	08/18/26		85,000		77,866
Las Vegas Sands Corp.	3.90	08/08/29		65,000		56,202
Travel + Leisure Co.⁽¹⁾	4.50	12/01/29		55,000		45,404
Travel + Leisure Co.⁽¹⁾	4.63	03/01/30		20,000		16,392
Travel + Leisure Co.	6.00	04/01/27		40,000		37,400
Travel + Leisure Co.	6.60	10/01/25		40,000		39,161
Travel + Leisure Co.⁽¹⁾	6.63	07/31/26		55,000		53,711
Wyndham Hotels & Resorts, Inc.⁽¹⁾	4.38	08/15/28		45,000		39,754
						1,057,330
MACHINERY-CONSTRUCTION & MINING – 0.1%
BWX Technologies, Inc.⁽¹⁾	4.13	06/30/28		35,000		30,839
BWX Technologies, Inc.⁽¹⁾	4.13	04/15/29		35,000		29,966
						60,805
MACHINERY-DIVERSIFIED – 0.2%
GrafTech Finance, Inc.⁽¹⁾	4.63	12/15/28		45,000		33,031
GrafTech Global Enterprises, Inc.⁽¹⁾	9.88	12/15/28		40,000		35,870
Mueller Water Products, Inc.⁽¹⁾	4.00	06/15/29		45,000		38,525
						107,426
MEDIA – 7.1%
AMC Networks, Inc.	4.25	02/15/29		95,000		58,478
AMC Networks, Inc.	4.75	08/01/25		75,000		68,384
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.25	02/01/31		110,000		85,687
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.25	01/15/34		90,000		65,082
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.50	08/15/30		130,000		104,411
CCO Holdings LLC/CCO Holdings Capital Corp.	4.50	05/01/32		120,000		91,956

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
MEDIA – 7.1% (Continued)
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.50	06/01/33	$	75,000	$	56,001
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.75	03/01/30		130,000		107,426
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	4.75	02/01/32		45,000		35,169
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.00	02/01/28		95,000		85,378
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.13	05/01/27		150,000		138,241
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.38	06/01/29		55,000		48,215
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	5.50	05/01/26		30,000		28,640
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	6.38	09/01/29		70,000		64,131
CCO Holdings LLC/CCO Holdings Capital Corp.⁽¹⁾	7.38	03/01/31		50,000		47,282
Directv Financing LLC/Directv Financing Co.-Obligor, Inc.⁽¹⁾	5.88	08/15/27		330,000		289,466
Gannett Holdings LLC⁽¹⁾	6.00	11/01/26		30,000		25,351
LCPR Senior Secured Financing DAC⁽¹⁾	5.13	07/15/29		75,000		58,501
LCPR Senior Secured Financing DAC⁽¹⁾	6.75	10/15/27		100,000		90,602
News Corp.⁽¹⁾	3.88	05/15/29		100,000		85,704
News Corp.⁽¹⁾	5.13	02/15/32		40,000		34,577
Nexstar Media, Inc.⁽¹⁾	4.75	11/01/28		95,000		79,885
Nexstar Media, Inc.⁽¹⁾	5.63	07/15/27		145,000		130,602
Paramount Global	6.25	02/28/57		55,000		39,511
Paramount Global	6.38	03/30/62		90,000		66,318
Scripps Escrow II, Inc.⁽¹⁾	3.88	01/15/29		55,000		41,811
Sinclair Television Group, Inc.⁽¹⁾	4.13	12/01/30		70,000		44,297
Sirius XM Radio, Inc.⁽¹⁾	3.13	09/01/26		85,000		76,315
Sirius XM Radio, Inc.⁽¹⁾	3.88	09/01/31		125,000		94,251
Sirius XM Radio, Inc.⁽¹⁾	4.00	07/15/28		170,000		144,731
Sirius XM Radio, Inc.⁽¹⁾	4.13	07/01/30		140,000		111,300
Sirius XM Radio, Inc.⁽¹⁾	5.00	08/01/27		135,000		123,903
Sirius XM Radio, Inc.⁽¹⁾	5.50	07/01/29		120,000		106,463
TEGNA, Inc.	4.63	03/15/28		95,000		82,294
TEGNA, Inc.⁽¹⁾	4.75	03/15/26		40,000		37,369
TEGNA, Inc.	5.00	09/15/29		100,000		83,910
UPC Broadband FinCo. BV⁽¹⁾	4.88	07/15/31		110,000		87,920
Videotron Ltd.⁽¹⁾	3.63	06/15/29		20,000		16,878
Videotron Ltd.⁽¹⁾	5.13	04/15/27		85,000		79,190
Virgin Media Secured Finance PLC⁽¹⁾	4.50	08/15/30		80,000		66,063
Virgin Media Secured Finance PLC⁽¹⁾	5.50	05/15/29		125,000		110,817
VZ Secured Financing BV⁽¹⁾	5.00	01/15/32		125,000		94,929
Ziggo BV⁽¹⁾	4.88	01/15/30		100,000		79,956
						3,467,395
METAL FABRICATE/HARDWARE – 0.1%
Advanced Drainage Systems, Inc.⁽¹⁾	5.00	09/30/27		25,000		23,342
Advanced Drainage Systems, Inc.⁽¹⁾	6.38	06/15/30		50,000		47,257
						70,599
MINING – 1.2%
Arsenal AIC Parent LLC⁽¹⁾	8.00	10/01/30		65,000		64,269
FMG Resources August 2006 Pty Ltd.⁽¹⁾	4.38	04/01/31		125,000		100,912
FMG Resources August 2006 Pty Ltd.⁽¹⁾	4.50	09/15/27		55,000		49,587
FMG Resources August 2006 Pty Ltd.⁽¹⁾	5.88	04/15/30		60,000		53,920

The accompanying notes are an integral part of these financial statements.

107

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
MINING – 1.2% (Continued)
FMG Resources August 2006 Pty Ltd.⁽¹⁾	6.13	04/15/32	$	80,000	$	70,744
Novelis Corp.⁽¹⁾	3.25	11/15/26		65,000		57,933
Novelis Corp.⁽¹⁾	3.88	08/15/31		70,000		54,780
Novelis Corp.⁽¹⁾	4.75	01/30/30		135,000		114,688
Perenti Finance Pty Ltd.⁽¹⁾	6.50	10/07/25		35,000		34,213
						601,046
MISCELLANEOUS MANUFACTURERS – 0.4%
Amsted Industries, Inc.⁽¹⁾	4.63	05/15/30		20,000		16,161
Amsted Industries, Inc.⁽¹⁾	5.63	07/01/27		55,000		50,679
Hillenbrand, Inc.	3.75	03/01/31		35,000		27,388
Hillenbrand, Inc.	5.00	09/15/26		25,000		24,006
Hillenbrand, Inc.	5.75	06/15/25		40,000		39,240
Trinity Industries, Inc.⁽¹⁾	7.75	07/15/28		35,000		34,584
						192,058
OFFICE FURNISHINGS – 0.1%
Steelcase, Inc.	5.13	01/18/29		40,000		35,305

OFFICE/BUSINESS EQUIPMENT – 0.3%
Xerox Corp.	4.80	03/01/35		30,000		18,284
Xerox Corp.	6.75	12/15/39		25,000		16,299
Xerox Holdings Corp.⁽¹⁾	5.00	08/15/25		70,000		64,469
Xerox Holdings Corp.⁽¹⁾	5.50	08/15/28		60,000		46,440
						145,492
OIL & GAS – 6.4%
Antero Resources Corp.⁽¹⁾	5.38	03/01/30		50,000		45,672
Antero Resources Corp.⁽¹⁾	7.63	02/01/29		44,000		44,593
Baytex Energy Corp.⁽¹⁾	8.50	04/30/30		65,000		64,440
Baytex Energy Corp.⁽¹⁾	8.75	04/01/27		40,000		40,355
Chesapeake Energy Corp.⁽¹⁾	5.50	02/01/26		45,000		43,729
Chesapeake Energy Corp.⁽¹⁾	5.88	02/01/29		45,000		42,412
Chesapeake Energy Corp.⁽¹⁾	6.75	04/15/29		85,000		83,251
Chord Energy Corp.⁽¹⁾	6.38	06/01/26		35,000		34,396
Civitas Resources, Inc.⁽¹⁾	5.00	10/15/26		40,000		37,467
Civitas Resources, Inc.⁽¹⁾	8.38	07/01/28		120,000		120,889
Civitas Resources, Inc.⁽¹⁾	8.63	11/01/30		90,000		91,700
Civitas Resources, Inc.⁽¹⁾	8.75	07/01/31		115,000		116,209
CNX Resources Corp.⁽¹⁾	6.00	01/15/29		45,000		41,307
CNX Resources Corp.⁽¹⁾	7.25	03/14/27		24,000		23,642
CNX Resources Corp.⁽¹⁾	7.38	01/15/31		55,000		52,611
Crescent Energy Finance LLC⁽¹⁾	7.25	05/01/26		60,000		58,143
Crescent Energy Finance LLC⁽¹⁾	9.25	02/15/28		80,000		80,651
CrownRock LP/CrownRock Finance, Inc.⁽¹⁾	5.00	05/01/29		20,000		18,882
CrownRock LP/CrownRock Finance, Inc.⁽¹⁾	5.63	10/15/25		92,000		90,583
Endeavor Energy Resources LP/EER Finance, Inc.⁽¹⁾	5.75	01/30/28		85,000		81,626
Harbour Energy PLC⁽¹⁾	5.50	10/15/26		45,000		41,733
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	5.75	02/01/29		50,000		45,069

The accompanying notes are an integral part of these financial statements.

108

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
OIL & GAS – 6.4% (Continued)
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.00	04/15/30	$	55,000	$	48,892
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.00	02/01/31		45,000		39,588
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.25	11/01/28		60,000		56,157
Hilcorp Energy I LP/Hilcorp Finance Co.⁽¹⁾	6.25	04/15/32		40,000		34,979
Matador Resources Co.	5.88	09/15/26		60,000		57,871
Matador Resources Co.⁽¹⁾	6.88	04/15/28		45,000		44,146
MEG Energy Corp.⁽¹⁾	5.88	02/01/29		50,000		46,773
MEG Energy Corp.⁽¹⁾	7.13	02/01/27		35,000		35,284
Murphy Oil Corp.	5.88	12/01/27		55,000		52,940
Murphy Oil Corp.	5.88	12/01/42		45,000		34,624
Murphy Oil Corp.	6.38	07/15/28		50,000		48,474
Neptune Energy Bondco PLC⁽¹⁾	6.63	05/15/25		75,000		74,319
Parkland Corp.⁽¹⁾	4.50	10/01/29		75,000		64,581
Parkland Corp.⁽¹⁾	4.63	05/01/30		75,000		64,020
Parkland Corp.⁽¹⁾	5.88	07/15/27		35,000		33,545
PBF Holding Co. LLC/PBF Finance Corp.	6.00	02/15/28		75,000		69,037
PBF Holding Co. LLC/PBF Finance Corp.⁽¹⁾	7.88	09/15/30		45,000		43,473
Petrofac Ltd.⁽¹⁾	9.75	11/15/26		50,000		34,077
Range Resources Corp.⁽¹⁾	4.75	02/15/30		45,000		40,008
Range Resources Corp.	4.88	05/15/25		60,000		58,408
Range Resources Corp.	8.25	01/15/29		55,000		56,223
Seadrill Finance Ltd.⁽¹⁾	8.38	08/01/30		50,000		50,071
SM Energy Co.	5.63	06/01/25		30,000		29,231
SM Energy Co.	6.50	07/15/28		35,000		33,729
SM Energy Co.	6.63	01/15/27		35,000		34,045
SM Energy Co.	6.75	09/15/26		40,000		39,326
Southwestern Energy Co.	4.75	02/01/32		100,000		86,096
Southwestern Energy Co.	5.38	02/01/29		75,000		69,355
Southwestern Energy Co.	5.38	03/15/30		100,000		91,823
Southwestern Energy Co.	5.70	01/23/25		60,000		59,333
Sunoco LP/Sunoco Finance Corp.	4.50	05/15/29		85,000		73,729
Sunoco LP/Sunoco Finance Corp.	4.50	04/30/30		70,000		59,862
Sunoco LP/Sunoco Finance Corp.	5.88	03/15/28		15,000		14,205
Sunoco LP/Sunoco Finance Corp.	6.00	04/15/27		55,000		53,011
Sunoco LP/Sunoco Finance Corp.⁽¹⁾	7.00	09/15/28		50,000		48,714
Viper Energy Partners LP⁽¹⁾	5.38	11/01/27		40,000		37,950
Viper Energy Partners LP⁽¹⁾	7.38	11/01/31		35,000		34,946
						3,152,205
OIL & GAS SERVICES – 0.1%
Oceaneering International, Inc.	6.00	02/01/28		30,000		27,558
Weatherford International Ltd.⁽¹⁾	6.50	09/15/28		33,000		33,205
						60,763
PACKAGING & CONTAINERS – 3.0%
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC⁽¹⁾	3.25	09/01/28		50,000		40,781
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC⁽¹⁾	6.00	06/15/27		55,000		52,044
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	4.13	08/15/26		115,000		101,605
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	5.25	04/30/25		55,000		53,029
Ball Corp.	2.88	08/15/30		140,000		109,354

The accompanying notes are an integral part of these financial statements.

109

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
PACKAGING & CONTAINERS – 3.0% (Continued)
Ball Corp.	3.13	09/15/31	$	55,000	$	42,650
Ball Corp.	4.88	03/15/26		60,000		57,689
Ball Corp.	5.25	07/01/25		95,000		93,630
Ball Corp.	6.00	06/15/29		100,000		96,008
Ball Corp.	6.88	03/15/28		55,000		54,895
Berry Global, Inc.⁽¹⁾	5.63	07/15/27		70,000		66,892
Cascades, Inc./Cascades USA, Inc.⁽¹⁾	5.38	01/15/28		45,000		40,721
Clearwater Paper Corp.⁽¹⁾	4.75	08/15/28		45,000		39,769
Crown Americas LLC	5.25	04/01/30		50,000		45,246
Crown Americas LLC/Crown Americas Capital Corp.V	4.25	09/30/26		55,000		52,057
Crown Americas LLC/Crown Americas Capital Corp.VI	4.75	02/01/26		85,000		81,838
Graphic Packaging International LLC⁽¹⁾	3.50	03/15/28		70,000		60,647
Graphic Packaging International LLC⁽¹⁾	3.75	02/01/30		60,000		49,141
OI European Group BV⁽¹⁾	4.75	02/15/30		35,000		29,828
Sealed Air Corp.⁽¹⁾	4.00	12/01/27		35,000		30,807
Sealed Air Corp.⁽¹⁾	5.00	04/15/29		45,000		39,962
Sealed Air Corp.⁽¹⁾	5.13	12/01/24		20,000		19,622
Sealed Air Corp.⁽¹⁾	5.50	09/15/25		30,000		29,053
Sealed Air Corp.⁽¹⁾	6.88	07/15/33		45,000		42,252
Sealed Air Corp./Sealed Air Corp. US⁽¹⁾	6.13	02/01/28		75,000		71,480
Silgan Holdings, Inc.	4.13	02/01/28		50,000		44,210
TriMas Corp.⁽¹⁾	4.13	04/15/29		30,000		24,955
						1,470,165
PHARMACEUTICALS – 1.3%
180 Medical, Inc.⁽¹⁾	3.88	10/15/29		50,000		41,594
Jazz Securities DAC⁽¹⁾	4.38	01/15/29		140,000		121,875
Organon & Co./Organon Foreign Debt Co.-Issuer BV⁽¹⁾	4.13	04/30/28		185,000		159,967
Perrigo Finance Unlimited Co.	3.90	12/15/24		25,000		24,273
Perrigo Finance Unlimited Co.	4.38	03/15/26		95,000		89,280
Perrigo Finance Unlimited Co.	4.65	06/15/30		70,000		58,534
Perrigo Finance Unlimited Co.	4.90	12/15/44		25,000		17,104
PRA Health Sciences, Inc.⁽¹⁾	2.88	07/15/26		50,000		45,761
Prestige Brands, Inc.⁽¹⁾	3.75	04/01/31		55,000		43,739
Prestige Brands, Inc.⁽¹⁾	5.13	01/15/28		35,000		32,305
						634,432
PIPELINES – 8.5%
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	5.38	06/15/29		90,000		81,808
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	5.75	03/01/27		60,000		57,404
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	5.75	01/15/28		30,000		28,154
Antero Midstream Partners LP/Antero Midstream Finance Corp.⁽¹⁾	7.88	05/15/26		50,000		50,403
Buckeye Partners LP	3.95	12/01/26		60,000		54,748
Buckeye Partners LP⁽¹⁾	4.13	03/01/25		49,000		46,715
Buckeye Partners LP	4.13	12/01/27		48,000		41,755
Buckeye Partners LP⁽¹⁾	4.50	03/01/28		30,000		26,133
Buckeye Partners LP	5.85	11/15/43		55,000		38,922
CNX Midstream Partners LP⁽¹⁾	4.75	04/15/30		35,000		28,876
CQP Holdco LP/BIP-V Chinook Holdco LLC⁽¹⁾	5.50	06/15/31		125,000		108,858
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	5.63	05/01/27		45,000		43,329

The accompanying notes are an integral part of these financial statements.

110

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
PIPELINES – 8.5% (Continued)
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.	5.75	04/01/25	$	45,000	$	44,481
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	6.00	02/01/29		80,000		77,488
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	7.38	02/01/31		50,000		50,450
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.⁽¹⁾	8.00	04/01/29		30,000		30,694
DT Midstream, Inc.⁽¹⁾	4.13	06/15/29		90,000		77,469
DT Midstream, Inc.⁽¹⁾	4.38	06/15/31		95,000		78,987
EnLink Midstream LLC	5.38	06/01/29		45,000		41,214
EnLink Midstream LLC⁽¹⁾	5.63	01/15/28		40,000		37,756
EnLink Midstream LLC⁽¹⁾	6.50	09/01/30		90,000		86,469
EnLink Midstream Partners LP	4.15	06/01/25		43,000		41,400
EnLink Midstream Partners LP	4.85	07/15/26		25,000		23,525
EnLink Midstream Partners LP	5.05	04/01/45		40,000		28,719
EnLink Midstream Partners LP	5.45	06/01/47		55,000		41,404
EnLink Midstream Partners LP	5.60	04/01/44		30,000		23,620
EQM Midstream Partners LP	4.13	12/01/26		45,000		41,788
EQM Midstream Partners LP⁽¹⁾	4.50	01/15/29		60,000		52,677
EQM Midstream Partners LP⁽¹⁾	4.75	01/15/31		105,000		88,526
EQM Midstream Partners LP	5.50	07/15/28		75,000		70,067
EQM Midstream Partners LP⁽¹⁾	6.00	07/01/25		25,000		24,472
EQM Midstream Partners LP⁽¹⁾	6.50	07/01/27		80,000		77,838
EQM Midstream Partners LP	6.50	07/15/48		45,000		38,099
EQM Midstream Partners LP⁽¹⁾	7.50	06/01/27		50,000		49,570
EQM Midstream Partners LP⁽¹⁾	7.50	06/01/30		50,000		49,110
Harvest Midstream I LP⁽¹⁾	7.50	09/01/28		70,000		66,400
Hess Midstream Operations LP⁽¹⁾	4.25	02/15/30		105,000		89,945
Hess Midstream Operations LP⁽¹⁾	5.50	10/15/30		20,000		18,175
Hess Midstream Operations LP⁽¹⁾	5.63	02/15/26		100,000		96,941
Holly Energy Partners LP/Holly Energy Finance Corp.⁽¹⁾	5.00	02/01/28		45,000		41,701
Holly Energy Partners LP/Holly Energy Finance Corp.⁽¹⁾	6.38	04/15/27		35,000		33,919
Kinetik Holdings LP⁽¹⁾	5.88	06/15/30		90,000		82,668
New Fortress Energy, Inc.⁽¹⁾	6.50	09/30/26		125,000		112,078
New Fortress Energy, Inc.⁽¹⁾	6.75	09/15/25		120,000		111,440
Northriver Midstream Finance LP⁽¹⁾	5.63	02/15/26		50,000		47,329
NuStar Logistics LP	5.63	04/28/27		55,000		51,909
NuStar Logistics LP	6.00	06/01/26		95,000		91,751
NuStar Logistics LP	6.38	10/01/30		50,000		46,301
Rockies Express Pipeline LLC⁽¹⁾	3.60	05/15/25		30,000		28,420
Rockies Express Pipeline LLC⁽¹⁾	4.80	05/15/30		25,000		21,044
Rockies Express Pipeline LLC⁽¹⁾	4.95	07/15/29		40,000		35,296
Rockies Express Pipeline LLC⁽¹⁾	7.50	07/15/38		80,000		74,037
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	5.50	01/15/28		110,000		96,465
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	6.00	12/31/30		65,000		54,786
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	6.00	09/01/31		35,000		29,488
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.⁽¹⁾	7.50	10/01/25		55,000		54,240
Venture Global Calcasieu Pass LLC⁽¹⁾	3.88	08/15/29		120,000		99,967
Venture Global Calcasieu Pass LLC⁽¹⁾	3.88	11/01/33		110,000		83,239
Venture Global Calcasieu Pass LLC⁽¹⁾	4.13	08/15/31		110,000		88,554
Venture Global Calcasieu Pass LLC⁽¹⁾	6.25	01/15/30		85,000		80,266

The accompanying notes are an integral part of these financial statements.

111

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
PIPELINES – 8.5% (Continued)
Venture Global LNG, Inc.⁽¹⁾	8.13	06/01/28	$	205,000	$	199,175
Venture Global LNG, Inc.⁽¹⁾	8.38	06/01/31		195,000		186,225
Venture Global LNG, Inc.⁽¹⁾	9.50	02/01/29		220,000		223,644
Venture Global LNG, Inc.⁽¹⁾	9.88	02/01/32		135,000		136,973
						4,165,304
REAL ESTATE – 0.6%
Cushman & Wakefield US Borrower LLC⁽¹⁾	6.75	05/15/28		55,000		50,210
Cushman & Wakefield US Borrower LLC⁽¹⁾	8.88	09/01/31		35,000		33,217
Greystar Real Estate Partners LLC⁽¹⁾	7.75	09/01/30		35,000		34,433
Howard Hughes Corp.⁽¹⁾	4.13	02/01/29		55,000		44,195
Howard Hughes Corp.⁽¹⁾	4.38	02/01/31		65,000		49,556
Howard Hughes Corp.⁽¹⁾	5.38	08/01/28		65,000		57,212
						268,823
REAL ESTATE INVESTMENT TRUST (REITS) – 4.1%
Blackstone Mortgage Trust, Inc.⁽¹⁾	3.75	01/15/27		35,000		29,136
Brandywine Operating Partnership LP	3.95	11/15/27		45,000		37,326
Brandywine Operating Partnership LP	4.55	10/01/29		35,000		26,821
Brandywine Operating Partnership LP	7.80	03/15/28		20,000		18,043
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL⁽¹⁾	4.50	04/01/27		100,000		83,535
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL⁽¹⁾	5.75	05/15/26		50,000		45,839
CTR Partnership LP/CareTrust Capital Corp.⁽¹⁾	3.88	06/30/28		30,000		25,239
Global Net Lease, Inc./Global Net Lease Operating Partnership LP⁽¹⁾	3.75	12/15/27		40,000		30,302
HAT Holdings I LLC/HAT Holdings II LLC⁽¹⁾	3.38	06/15/26		85,000		74,913
HAT Holdings I LLC/HAT Holdings II LLC⁽¹⁾	3.75	09/15/30		30,000		21,568
HAT Holdings I LLC/HAT Holdings II LLC⁽¹⁾	6.00	04/15/25		40,000		38,911
Iron Mountain Information Management Services, Inc.⁽¹⁾	5.00	07/15/32		75,000		61,456
Iron Mountain, Inc.⁽¹⁾	4.50	02/15/31		75,000		61,430
Iron Mountain, Inc.⁽¹⁾	4.88	09/15/27		85,000		77,784
Iron Mountain, Inc.⁽¹⁾	4.88	09/15/29		90,000		78,503
Iron Mountain, Inc.⁽¹⁾	5.00	07/15/28		25,000		22,400
Iron Mountain, Inc.⁽¹⁾	5.25	03/15/28		65,000		59,529
Iron Mountain, Inc.⁽¹⁾	5.25	07/15/30		130,000		113,041
Iron Mountain, Inc.⁽¹⁾	5.63	07/15/32		60,000		51,325
Iron Mountain, Inc.⁽¹⁾	7.00	02/15/29		105,000		101,841
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.⁽¹⁾	4.25	02/01/27		55,000		48,102
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.⁽¹⁾	4.75	06/15/29		65,000		52,359
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.⁽¹⁾	5.25	10/01/25		20,000		19,033
MPT Operating Partnership LP/MPT Finance Corp.	3.50	03/15/31		120,000		72,889
MPT Operating Partnership LP/MPT Finance Corp.	4.63	08/01/29		75,000		52,070
MPT Operating Partnership LP/MPT Finance Corp.	5.00	10/15/27		125,000		96,688
MPT Operating Partnership LP/MPT Finance Corp.	5.25	08/01/26		40,000		34,479
Necessity Retail REIT, Inc./American Finance Operating Partner LP⁽¹⁾	4.50	09/30/28		50,000		37,491
RLJ Lodging Trust LP⁽¹⁾	3.75	07/01/26		45,000		40,543
RLJ Lodging Trust LP⁽¹⁾	4.00	09/15/29		45,000		36,727
SBA Communications Corp.	3.13	02/01/29		130,000		107,615
SBA Communications Corp.	3.88	02/15/27		135,000		123,059

The accompanying notes are an integral part of these financial statements.

112

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
REAL ESTATE INVESTMENT TRUST (REITS) – 4.1% (Continued)
Service Properties Trust	5.50	12/15/27	$	35,000	$	29,584
Service Properties Trust	7.50	09/15/25		80,000		77,812
Starwood Property Trust, Inc.⁽¹⁾	3.63	07/15/26		40,000		35,364
Starwood Property Trust, Inc.⁽¹⁾	3.75	12/31/24		43,000		40,677
Starwood Property Trust, Inc.⁽¹⁾	4.38	01/15/27		45,000		38,653
Starwood Property Trust, Inc.	4.75	03/15/25		30,000		28,740
						2,030,827
RETAIL – 5.2%
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	3.50	02/15/29		70,000		59,928
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	3.88	01/15/28		135,000		120,645
1011778 BC ULC/New Red Finance, Inc.⁽¹⁾	5.75	04/15/25		45,000		44,675
Academy Ltd.⁽¹⁾	6.00	11/15/27		35,000		32,989
Asbury Automotive Group, Inc.	4.50	03/01/28		40,000		35,490
Asbury Automotive Group, Inc.⁽¹⁾	4.63	11/15/29		65,000		55,065
Asbury Automotive Group, Inc.	4.75	03/01/30		40,000		33,995
Asbury Automotive Group, Inc.⁽¹⁾	5.00	02/15/32		55,000		44,666
Bath & Body Works, Inc.	5.25	02/01/28		40,000		36,721
Bath & Body Works, Inc.⁽¹⁾	6.63	10/01/30		85,000		78,803
Bath & Body Works, Inc.	6.69	01/15/27		25,000		24,192
Bath & Body Works, Inc.	6.75	07/01/36		55,000		47,496
Bath & Body Works, Inc.	6.88	11/01/35		75,000		66,260
Bath & Body Works, Inc.	7.50	06/15/29		45,000		44,001
Bath & Body Works, Inc.⁽¹⁾	9.38	07/01/25		35,000		36,081
Beacon Roofing Supply, Inc.⁽¹⁾	4.50	11/15/26		25,000		23,324
Beacon Roofing Supply, Inc.⁽¹⁾	6.50	08/01/30		55,000		52,571
FirstCash, Inc.⁽¹⁾	4.63	09/01/28		45,000		39,520
FirstCash, Inc.⁽¹⁾	5.63	01/01/30		55,000		49,032
Foot Locker, Inc.⁽¹⁾	4.00	10/01/29		35,000		25,769
Gap, Inc.⁽¹⁾	3.63	10/01/29		80,000		61,206
Gap, Inc.⁽¹⁾	3.88	10/01/31		65,000		46,750
Group 1 Automotive, Inc.⁽¹⁾	4.00	08/15/28		65,000		56,018
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC⁽¹⁾	4.75	06/01/27		55,000		52,062
Kohl’s Corp.	4.25	07/17/25		25,000		23,373
Kohl’s Corp.	4.63	05/01/31		65,000		44,518
Kohl’s Corp.	5.55	07/17/45		30,000		17,433
Lithia Motors, Inc.⁽¹⁾	3.88	06/01/29		70,000		57,988
Lithia Motors, Inc.⁽¹⁾	4.38	01/15/31		60,000		48,642
Lithia Motors, Inc.⁽¹⁾	4.63	12/15/27		25,000		22,582
Macy’s Retail Holdings LLC	4.30	02/15/43		25,000		13,735
Macy’s Retail Holdings LLC	4.50	12/15/34		40,000		26,844
Macy’s Retail Holdings LLC	5.13	01/15/42		25,000		15,425
Macy’s Retail Holdings LLC⁽¹⁾	5.88	04/01/29		40,000		35,305
Macy’s Retail Holdings LLC⁽¹⁾	5.88	03/15/30		25,000		21,180
Macy’s Retail Holdings LLC⁽¹⁾	6.13	03/15/32		40,000		33,080
Marks & Spencer PLC⁽¹⁾	7.13	12/01/37		30,000		27,377
Murphy Oil USA, Inc.⁽¹⁾	3.75	02/15/31		40,000		32,179
Murphy Oil USA, Inc.	4.75	09/15/29		50,000		44,326
Murphy Oil USA, Inc.	5.63	05/01/27		20,000		19,352

The accompanying notes are an integral part of these financial statements.

113

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
RETAIL – 5.2% (Continued)
Nordstrom, Inc.	4.00	03/15/27	$	30,000	$	26,516
Nordstrom, Inc.	4.25	08/01/31		25,000		18,343
Nordstrom, Inc.	4.38	04/01/30		45,000		34,983
Nordstrom, Inc.	5.00	01/15/44		105,000		63,226
Nordstrom, Inc.	6.95	03/15/28		25,000		23,556
Penske Automotive Group, Inc.	3.50	09/01/25		50,000		47,506
Penske Automotive Group, Inc.	3.75	06/15/29		44,000		36,357
PetSmart, Inc./PetSmart Finance Corp.⁽¹⁾	4.75	02/15/28		105,000		93,026
Sally Holdings LLC/Sally Capital, Inc.	5.63	12/01/25		60,000		58,057
Sonic Automotive, Inc.⁽¹⁾	4.63	11/15/29		50,000		41,690
Sonic Automotive, Inc.⁽¹⁾	4.88	11/15/31		50,000		39,881
Superior Plus LP/Superior General Partner, Inc.⁽¹⁾	4.50	03/15/29		50,000		42,698
Yum! Brands, Inc.	3.63	03/15/31		80,000		65,047
Yum! Brands, Inc.	4.63	01/31/32		80,000		68,254
Yum! Brands, Inc.⁽¹⁾	4.75	01/15/30		95,000		84,679
Yum! Brands, Inc.	5.35	11/01/43		25,000		21,315
Yum! Brands, Inc.	5.38	04/01/32		105,000		94,500
Yum! Brands, Inc.	6.88	11/15/37		30,000		29,648
						2,539,880
SEMICONDUCTORS – 0.8%
Amkor Technology, Inc.⁽¹⁾	6.63	09/15/27		50,000		48,718
Entegris Escrow Corp.⁽¹⁾	4.75	04/15/29		150,000		134,478
Entegris Escrow Corp.⁽¹⁾	5.95	06/15/30		60,000		54,959
Entegris, Inc.⁽¹⁾	3.63	05/01/29		40,000		33,492
Entegris, Inc.⁽¹⁾	4.38	04/15/28		40,000		35,733
ON Semiconductor Corp.⁽¹⁾	3.88	09/01/28		60,000		51,610
Synaptics, Inc.⁽¹⁾	4.00	06/15/29		40,000		33,051
						392,041
SOFTWARE – 1.5%
Camelot Finance SA⁽¹⁾	4.50	11/01/26		60,000		55,531
Clarivate Science Holdings Corp.⁽¹⁾	3.88	07/01/28		80,000		68,787
Fair Isaac Corp.⁽¹⁾	4.00	06/15/28		75,000		66,871
Fair Isaac Corp.⁽¹⁾	5.25	05/15/26		40,000		38,537
Open Text Corp.⁽¹⁾	3.88	02/15/28		85,000		73,972
Open Text Corp.⁽¹⁾	3.88	12/01/29		65,000		53,237
Open Text Holdings, Inc.⁽¹⁾	4.13	02/15/30		80,000		66,388
Open Text Holdings, Inc.⁽¹⁾	4.13	12/01/31		65,000		51,132
PTC, Inc.⁽¹⁾	3.63	02/15/25		40,000		38,602
PTC, Inc.⁽¹⁾	4.00	02/15/28		50,000		44,390
RingCentral, Inc.⁽¹⁾	8.50	08/15/30		35,000		33,290
ROBLOX Corp.⁽¹⁾	3.88	05/01/30		90,000		73,123
Twilio, Inc.	3.63	03/15/29		45,000		37,458
Twilio, Inc.	3.88	03/15/31		40,000		31,970
						733,288
TELECOMMUNICATIONS – 2.9%
British Telecommunications PLC⁽¹⁾	4.25	11/23/81		45,000		39,351
British Telecommunications PLC⁽¹⁾	4.88	11/23/81		40,000		32,341

The accompanying notes are an integral part of these financial statements.

114

BONDBLOXX ETF TRUST

BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
TELECOMMUNICATIONS – 2.9% (Continued)
Ciena Corp.⁽¹⁾	4.00	01/31/30	$	30,000	$	25,031
Connect FinCo. Sarl/Connect US FinCo. LLC⁽¹⁾	6.75	10/01/26		185,000		172,658
Hughes Satellite Systems Corp.	5.25	08/01/26		65,000		58,520
Intelsat Jackson Holdings SA⁽¹⁾	6.50	03/15/30		265,000		233,341
Millicom International Cellular SA⁽¹⁾	4.50	04/27/31		95,000		71,725
Millicom International Cellular SA⁽¹⁾	6.25	03/25/29		76,500		66,603
Rogers Communications, Inc.⁽¹⁾	5.25	03/15/82		65,000		57,282
Sable International Finance Ltd.⁽¹⁾	5.75	09/07/27		50,000		45,364
United States Cellular Corp.	6.70	12/15/33		45,000		42,750
Viasat, Inc.⁽¹⁾	5.63	04/15/27		50,000		43,695
Viavi Solutions, Inc.⁽¹⁾	3.75	10/01/29		30,000		23,385
Vmed O2 UK Financing I PLC⁽¹⁾	4.25	01/31/31		130,000		102,378
Vmed O2 UK Financing I PLC⁽¹⁾	4.75	07/15/31		120,000		96,698
Vodafone Group PLC	3.25	06/04/81		50,000		43,969
Vodafone Group PLC	4.13	06/04/81		100,000		75,781
Vodafone Group PLC	5.13	06/04/81		90,000		57,345
Vodafone Group PLC	7.00	04/04/79		160,000		154,848
						1,443,065
TRANSPORTATION – 0.7%
Cargo Aircraft Management, Inc.⁽¹⁾	4.75	02/01/28		50,000		44,184
Danaos Corp.⁽¹⁾	8.50	03/01/28		25,000		24,916
First Student Bidco, Inc./First Transit Parent, Inc.⁽¹⁾	4.00	07/31/29		55,000		44,339
Forward Air Corp.⁽¹⁾	9.50	10/15/31		65,000		63,428
Rand Parent LLC⁽¹⁾	8.50	02/15/30		75,000		68,560
XPO CNW, Inc.	6.70	05/01/34		25,000		23,151
XPO Escrow Sub LLC⁽¹⁾	7.50	11/15/27		30,000		30,027
XPO, Inc.⁽¹⁾	7.13	06/01/31		40,000		39,012
						337,617
TRUCKING & LEASING – 0.4%
AerCap Global Aviation Trust⁽¹⁾	6.50	06/15/45		45,000		44,192
Fortress Transportation & Infrastructure Investors LLC⁽¹⁾	5.50	05/01/28		85,000		77,393
Fortress Transportation & Infrastructure Investors LLC⁽¹⁾	6.50	10/01/25		55,000		54,512
Fortress Transportation & Infrastructure Investors LLC⁽¹⁾	9.75	08/01/27		40,000		41,196
						217,293
TOTAL CORPORATE BONDS (Cost - $50,405,948)						47,993,445

SHORT-TERM INVESTMENTS – 0.4%
TIME DEPOSITS – 0.4%
ANZ National Bank, London	4.68	11/01/23		207,180		207,180
TOTAL SHORT-TERM INVESTMENTS (Cost - $207,180)						207,180

TOTAL INVESTMENTS – 98.2% (Cost - $50,613,128)					$	48,200,625
OTHER ASSETS LESS LIABILITIES – 1.8%						874,152
NET ASSETS – 100.0%					$	49,074,777

⁽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 October 31, 2023, amounts to $33,626,378 and represents 68.5% 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.

115

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
October 31, 2023


			Shares		Value
COMMON STOCKS – 0.0%
REAL ESTATE – 0.0%
WeWork, Inc. Class A*				1,339	$	3,053
TOTAL COMMON STOCKS (Cost - $49,477)						3,053

			Face
	Rate (%)	Maturity	Amount
CORPORATE BONDS – 96.5%
ADVERTISING – 2.0%
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	7.50	06/01/29	$	185,000		134,852
Clear Channel Outdoor Holdings, Inc.⁽¹⁾	7.75	04/15/28		175,000		133,966
CMG Media Corp.⁽¹⁾	8.88	12/15/27		155,000		119,897
						388,715
AEROSPACE/DEFENSE – 0.9%
Spirit AeroSystems, Inc.	4.60	06/15/28		120,000		95,051
Triumph Group, Inc.	7.75	08/15/25		85,000		80,835
						175,886
AGRICULTURE – 0.5%
Vector Group Ltd.⁽¹⁾	10.50	11/01/26		95,000		95,150

AUTO MANUFACTURERS – 2.0%
Aston Martin Capital Holdings Ltd.⁽¹⁾	10.50	11/30/25		200,000		198,005
McLaren Finance PLC⁽¹⁾	7.50	08/01/26		110,000		94,886
PM General Purchaser LLC⁽¹⁾	9.50	10/01/28		105,000		98,802
						391,693
AUTO PARTS & EQUIPMENT – 2.7%
Clarios Global LP/Clarios US Finance Co.⁽¹⁾	8.50	05/15/27		285,000		281,138
Dealer Tire LLC/DT Issuer LLC⁽¹⁾	8.00	02/01/28		90,000		84,509
Dornoch Debt Merger Sub, Inc.⁽¹⁾	6.63	10/15/29		115,000		90,594
Real Hero Merger Sub 2, Inc.⁽¹⁾	6.25	02/01/29		105,000		83,631
						539,872
BEVERAGES – 0.5%
Triton Water Holdings, Inc.⁽¹⁾	6.25	04/01/29		125,000		103,131

BIOTECHNOLOGY – 0.2%
Emergent BioSolutions, Inc.⁽¹⁾	3.88	08/15/28		80,000		31,535

BUILDING MATERIALS – 1.3%
ACProducts Holdings, Inc.⁽¹⁾	6.38	05/15/29		90,000		55,037
Cornerstone Building Brands, Inc.⁽¹⁾	6.13	01/15/29		55,000		40,262
CP Atlas Buyer, Inc.⁽¹⁾	7.00	12/01/28		87,000		66,400
Oscar Acquisition Co. LLC/Oscar Finance, Inc.⁽¹⁾	9.50	04/15/30		110,000		97,154
						258,853
CHEMICALS – 3.7%
ASP Unifrax Holdings, Inc.⁽¹⁾	7.50	09/30/29		70,000		37,525
Illuminate Buyer LLC/Illuminate Holdings IV, Inc.⁽¹⁾	9.00	07/01/28		80,000		74,828
Innophos Holdings, Inc.⁽¹⁾	9.38	02/15/28		50,000		47,211
Iris Holding, Inc.⁽¹⁾	10.00	12/15/28		70,000		51,150

The accompanying notes are an integral part of these financial statements.

116

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CHEMICALS – 3.7% (Continued)
LSF11 A5 Hold Co. LLC⁽¹⁾	6.63	10/15/29	$	63,000	$	51,167
Olympus Water US Holding Corp.⁽¹⁾	6.25	10/01/29		70,000		52,564
Polar US Borrower LLC/Schenectady International Group, Inc.⁽¹⁾	6.75	05/15/26		35,000		15,607
SCIH Salt Holdings, Inc.⁽¹⁾	6.63	05/01/29		125,000		104,909
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.⁽¹⁾	5.13	04/01/29		80,000		33,756
Vibrantz Technologies, Inc.⁽¹⁾	9.00	02/15/30		130,000		103,609
WR Grace Holdings LLC⁽¹⁾	5.63	08/15/29		210,000		162,952
						735,278
COAL – 0.2%
Conuma Resources Ltd.⁽¹⁾	13.13	05/01/28		45,000		41,664

COMMERCIAL SERVICES – 5.8%
Allied Universal Holdco LLC/Allied Universal Finance Corp.⁽¹⁾	6.00	06/01/29		175,000		126,634
Allied Universal Holdco LLC/Allied Universal Finance Corp.⁽¹⁾	9.75	07/15/27		185,000		160,907
Aptim Corp.⁽¹⁾	7.75	06/15/25		90,000		82,604
Cimpress PLC	7.00	06/15/26		95,000		87,995
Deluxe Corp.⁽¹⁾	8.00	06/01/29		85,000		67,340
Garda World Security Corp.⁽¹⁾	6.00	06/01/29		90,000		68,699
Garda World Security Corp.⁽¹⁾	9.50	11/01/27		105,000		95,513
Metis Merger Sub LLC⁽¹⁾	6.50	05/15/29		125,000		102,273
MPH Acquisition Holdings LLC⁽¹⁾	5.75	11/01/28		170,000		126,904
Signal Parent, Inc.⁽¹⁾	6.13	04/01/29		50,000		28,548
Verscend Escrow Corp.⁽¹⁾	9.75	08/15/26		190,000		188,784
						1,136,201
COMPUTERS – 3.6%
Ahead DB Holdings LLC⁽¹⁾	6.63	05/01/28		70,000		57,473
McAfee Corp.⁽¹⁾	7.38	02/15/30		360,000		288,313
Presidio Holdings, Inc.⁽¹⁾	8.25	02/01/28		95,000		89,993
Vericast Corp.⁽¹⁾	11.00	09/15/26		215,000		228,169
Virtusa Corp.⁽¹⁾	7.13	12/15/28		60,000		47,538
						711,486
COSMETICS/PERSONAL CARE – 0.2%
Oriflame Investment Holding PLC⁽¹⁾	5.13	05/04/26		95,000		30,210

DISTRIBUTION/WHOLESALE – 0.5%
BCPE Empire Holdings, Inc.⁽¹⁾	7.63	05/01/27		115,000		105,588

DIVERSIFIED FINANCIAL SERVICES – 4.5%
Aretec Escrow Issuer, Inc.⁽¹⁾	7.50	04/01/29		70,000		59,457
Armor Holdco, Inc.⁽¹⁾	8.50	11/15/29		64,000		55,913
Cobra Acquisition Co. LLC⁽¹⁾	6.38	11/01/29		70,000		49,963
Curo Group Holdings Corp.⁽¹⁾	7.50	08/01/28		80,000		18,500
Curo Group Holdings Corp.⁽¹⁾	7.50	08/01/28		106,000		41,870
Finance of America Funding LLC⁽¹⁾	7.88	11/15/25		60,000		49,508
Hightower Holding LLC⁽¹⁾	6.75	04/15/29		55,000		46,966
LD Holdings Group LLC⁽¹⁾	6.13	04/01/28		105,000		57,882

The accompanying notes are an integral part of these financial statements.

117

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
DIVERSIFIED FINANCIAL SERVICES – 4.5% (Continued)
LD Holdings Group LLC⁽¹⁾	6.50	11/01/25	$	85,000	$	68,447
NFP Corp.⁽¹⁾	6.88	08/15/28		370,000		316,444
Osaic Holdings, Inc.⁽¹⁾	10.75	08/01/27		75,000		74,636
World Acceptance Corp.⁽¹⁾	7.00	11/01/26		50,000		40,738
						880,324
ELECTRIC – 0.5%
Pike Corp.⁽¹⁾	5.50	09/01/28		125,000		107,018

ENGINEERING & CONSTRUCTION – 1.6%
Artera Services LLC⁽¹⁾	9.03	12/04/25		170,000		153,275
Great Lakes Dredge & Dock Corp.⁽¹⁾	5.25	06/01/29		55,000		45,009
INNOVATE Corp.⁽¹⁾	8.50	02/01/26		60,000		46,292
Tutor Perini Corp.⁽¹⁾	6.88	05/01/25		85,000		73,184
						317,760
ENTERTAINMENT – 1.9%
Allen Media LLC/Allen Media Co.-Issuer, Inc.⁽¹⁾	10.50	02/15/28		110,000		57,393
AMC Entertainment Holdings, Inc.⁽¹⁾	7.50	02/15/29		165,000		115,736
Motion Bondco DAC⁽¹⁾	6.63	11/15/27		70,000		62,708
Universal Entertainment Corp.^(1),(2)	8.75	12/11/24		135,000		139,847
						375,684
ENVIRONMENTAL CONTROL – 1.1%
Madison IAQ LLC⁽¹⁾	5.88	06/30/29		180,000		139,639
Waste Pro USA, Inc.⁽¹⁾	5.50	02/15/26		85,000		78,220
						217,859
FOOD – 1.9%
B&G Foods, Inc.	5.25	04/01/25		55,000		52,848
B&G Foods, Inc.	5.25	09/15/27		95,000		78,267
Chobani LLC/Chobani Finance Corp., Inc.⁽¹⁾	7.50	04/15/25		95,000		93,408
H-Food Holdings LLC/Hearthside Finance Co., Inc.⁽¹⁾	8.50	06/01/26		60,000		13,856
Sigma Holdco BV⁽¹⁾	7.88	05/15/26		85,000		71,199
TreeHouse Foods, Inc.	4.00	09/01/28		85,000		69,225
						378,803
FOOD SERVICE – 0.5%
TKC Holdings, Inc.⁽¹⁾	10.50	05/15/29		120,000		96,099

FOREST PRODUCTS & PAPER – 0.3%
Glatfelter Corp.⁽¹⁾	4.75	11/15/29		85,000		55,941

HAND/MACHINE TOOLS – 0.4%
Werner FinCo LP/Werner FinCo, Inc.⁽¹⁾	11.50	06/15/28		70,000		70,769

HEALTHCARE-SERVICES – 4.4%
AHP Health Partners, Inc.⁽¹⁾	5.75	07/15/29		55,000		45,152
CHS/Community Health Systems, Inc.⁽¹⁾	6.13	04/01/30		215,000		83,538
CHS/Community Health Systems, Inc.⁽¹⁾	6.88	04/01/28		130,000		56,503
CHS/Community Health Systems, Inc.⁽¹⁾	6.88	04/15/29		255,000		105,559
Global Medical Response, Inc.⁽¹⁾	6.50	10/01/25		105,000		66,862

The accompanying notes are an integral part of these financial statements.

118

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
HEALTHCARE-SERVICES – 4.4% (Continued)
Heartland Dental LLC/Heartland Dental Finance Corp.⁽¹⁾	8.50	05/01/26	$	54,000	$	49,201
LifePoint Health, Inc.⁽¹⁾	5.38	01/15/29		87,000		52,794
Radiology Partners, Inc.⁽¹⁾	9.25	02/01/28		110,000		41,477
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.⁽¹⁾	9.75	12/01/26		220,000		205,922
RP Escrow Issuer LLC⁽¹⁾	5.25	12/15/25		140,000		99,900
Surgery Center Holdings, Inc.⁽¹⁾	10.00	04/15/27		55,000		54,949
						861,857
HOUSEHOLD PRODUCTS/WARES – 0.4%
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.⁽¹⁾	7.00	12/31/27		90,000		76,606

HOUSEWARES – 0.3%
SWF Escrow Issuer Corp.⁽¹⁾	6.50	10/01/29		110,000		65,268

INSURANCE – 7.5%
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	6.00	08/01/29		85,000		68,651
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	7.00	11/15/25		173,000		167,973
Acrisure LLC/Acrisure Finance, Inc.⁽¹⁾	10.13	08/01/26		69,000		69,502
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	5.88	11/01/29		85,000		70,681
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer⁽¹⁾	6.75	10/15/27		230,000		210,250
AssuredPartners, Inc.⁽¹⁾	5.63	01/15/29		95,000		80,683
AssuredPartners, Inc.⁽¹⁾	7.00	08/15/25		85,000		83,463
BroadStreet Partners, Inc.⁽¹⁾	5.88	04/15/29		125,000		109,093
GTCR AP Finance, Inc.⁽¹⁾	8.00	05/15/27		85,000		82,834
HUB International Ltd.⁽¹⁾	5.63	12/01/29		96,000		82,768
HUB International Ltd.⁽¹⁾	7.00	05/01/26		300,000		292,301
Jones Deslauriers Insurance Management, Inc.⁽¹⁾	10.50	12/15/30		55,000		54,639
USI, Inc./NY⁽¹⁾	6.88	05/01/25		110,000		109,109
						1,481,947
INTERNET – 1.4%
Arches Buyer, Inc.⁽¹⁾	6.13	12/01/28		87,000		70,358
Cablevision Lightpath LLC⁽¹⁾	5.63	09/15/28		70,000		52,453
Newfold Digital Holdings Group, Inc.⁽¹⁾	6.00	02/15/29		110,000		72,385
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.⁽¹⁾	6.00	02/15/28		50,000		41,447
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.⁽¹⁾	10.75	06/01/28		45,000		43,116
						279,759
IRON/STEEL – 0.5%
Baffinland Iron Mines Corp./Baffinland Iron Mines LP⁽¹⁾	8.75	07/15/26		105,000		101,030

LEISURE TIME – 4.3%
MajorDrive Holdings IV LLC⁽¹⁾	6.38	06/01/29		90,000		69,844
NCL Corp. Ltd.⁽¹⁾	3.63	12/15/24		80,000		75,738
NCL Corp. Ltd.⁽¹⁾	5.88	03/15/26		200,000		179,678
NCL Corp. Ltd.⁽¹⁾	7.75	02/15/29		85,000		74,254
NCL Finance Ltd.⁽¹⁾	6.13	03/15/28		75,000		62,781
Viking Cruises Ltd.⁽¹⁾	5.88	09/15/27		145,000		130,762
Viking Cruises Ltd.⁽¹⁾	6.25	05/15/25		45,000		44,015
Viking Cruises Ltd.⁽¹⁾	7.00	02/15/29		87,000		78,808
Viking Cruises Ltd.⁽¹⁾	9.13	07/15/31		130,000		127,842
						843,722

The accompanying notes are an integral part of these financial statements.

119

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
LODGING – 0.3%
Full House Resorts, Inc.⁽¹⁾	8.25	02/15/28	$	70,000	$	59,002

MACHINERY-DIVERSIFIED – 1.9%
Maxim Crane Works Holdings Capital LLC⁽¹⁾	11.50	09/01/28		90,000		87,944
OT Merger Corp.⁽¹⁾	7.88	10/15/29		54,000		32,431
SPX FLOW, Inc.⁽¹⁾	8.75	04/01/30		90,000		82,609
Titan Acquisition Ltd./Titan Co.-Borrower LLC⁽¹⁾	7.75	04/15/26		115,000		107,070
TK Elevator Holdco GmbH⁽¹⁾	7.63	07/15/28		70,000		63,205
						373,259
MEDIA – 6.4%
Beasley Mezzanine Holdings LLC⁽¹⁾	8.63	02/01/26		50,000		33,063
CSC Holdings LLC⁽¹⁾	4.63	12/01/30		280,000		142,194
CSC Holdings LLC⁽¹⁾	5.00	11/15/31		50,000		25,606
CSC Holdings LLC⁽¹⁾	5.75	01/15/30		260,000		136,435
CSC Holdings LLC⁽¹⁾	7.50	04/01/28		120,000		77,035
DISH DBS Corp.	5.13	06/01/29		125,000		64,523
DISH DBS Corp.	5.88	11/15/24		165,000		151,610
DISH DBS Corp.	7.38	07/01/28		95,000		53,748
DISH DBS Corp.	7.75	07/01/26		165,000		110,763
iHeartCommunications, Inc.	8.38	05/01/27		160,000		98,233
Liberty Interactive LLC	8.25	02/01/30		140,000		36,051
McGraw-Hill Education, Inc.⁽¹⁾	8.00	08/01/29		110,000		90,783
Radiate Holdco LLC/Radiate Finance, Inc.⁽¹⁾	4.50	09/15/26		155,000		118,664
Radiate Holdco LLC/Radiate Finance, Inc.⁽¹⁾	6.50	09/15/28		175,000		86,807
Spanish Broadcasting System, Inc.⁽¹⁾	9.75	03/01/26		55,000		33,928
						1,259,443
METAL FABRICATE/HARDWARE – 0.3%
Park-Ohio Industries, Inc.	6.63	04/15/27		60,000		52,113

MINING – 0.6%
Coeur Mining, Inc.⁽¹⁾	5.13	02/15/29		55,000		45,843
IAMGOLD Corp.⁽¹⁾	5.75	10/15/28		80,000		63,100
						108,943
MISCELLANEOUS MANUFACTURERS – 0.9%
FXI Holdings, Inc.⁽¹⁾	12.25	11/15/26		135,000		112,091
FXI Holdings, Inc.⁽¹⁾	12.25	11/15/26		82,000		68,265
						180,356
OIL & GAS – 4.3%
Calumet Specialty Products Partners LP/Calumet Finance Corp.⁽¹⁾	8.13	01/15/27		55,000		51,426
Calumet Specialty Products Partners LP/Calumet Finance Corp.⁽¹⁾	9.75	07/15/28		60,000		56,057
Calumet Specialty Products Partners LP/Calumet Finance Corp.⁽¹⁾	11.00	04/15/25		73,000		73,265
Global Marine, Inc.	7.00	06/01/28		45,000		37,913
Nabors Industries Ltd.⁽¹⁾	7.25	01/15/26		95,000		89,322
Nabors Industries Ltd.⁽¹⁾	7.50	01/15/28		70,000		61,887
Nabors Industries, Inc.	5.75	02/01/25		85,000		82,779
Transocean, Inc.	6.80	03/15/38		65,000		46,457
Transocean, Inc.⁽¹⁾	7.25	11/01/25		45,000		43,949
Transocean, Inc.⁽¹⁾	7.50	01/15/26		70,000		67,105

The accompanying notes are an integral part of these financial statements.

120

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
OIL & GAS – 4.3% (Continued)
Transocean, Inc.	7.50	04/15/31	$	75,000	$	60,668
Transocean, Inc.⁽¹⁾	8.00	02/01/27		80,000		75,161
Transocean, Inc.⁽¹⁾	11.50	01/30/27		90,000		93,731
						839,720
PACKAGING & CONTAINERS – 5.2%
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	5.25	08/15/27		140,000		102,002
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.⁽¹⁾	5.25	08/15/27		175,000		127,503
Clydesdale Acquisition Holdings, Inc.⁽¹⁾	8.75	04/15/30		195,000		155,644
Graham Packaging Co., Inc.⁽¹⁾	7.13	08/15/28		87,000		66,745
LABL, Inc.⁽¹⁾	8.25	11/01/29		80,000		59,550
LABL, Inc.⁽¹⁾	10.50	07/15/27		120,000		104,013
Mauser Packaging Solutions Holding Co.⁽¹⁾	9.25	04/15/27		235,000		195,969
Trident TPI Holdings, Inc.⁽¹⁾	12.75	12/31/28		110,000		112,544
Trivium Packaging Finance BV⁽¹⁾	8.50	08/15/27		120,000		100,311
						1,024,281
PHARMACEUTICALS – 0.4%
Bausch Health Cos, Inc.⁽¹⁾	14.00	10/15/30		60,000		32,614
P&L Development LLC/PLD Finance Corp.⁽¹⁾	7.75	11/15/25		80,000		53,812
						86,426
PIPELINES – 1.0%
NGL Energy Partners LP/NGL Energy Finance Corp.	6.13	03/01/25		65,000		63,525
NGL Energy Partners LP/NGL Energy Finance Corp.	7.50	04/15/26		45,000		42,977
Summit Midstream Holdings LLC/Summit Midstream Finance Corp.	5.75	04/15/25		45,000		42,379
TransMontaigne Partners LP/TLP Finance Corp.	6.13	02/15/26		60,000		51,261
						200,142
REAL ESTATE INVESTMENT TRUST (REITS) – 1.7%
Diversified Healthcare Trust	4.38	03/01/31		90,000		62,027
Diversified Healthcare Trust	9.75	06/15/25		85,000		82,531
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC⁽¹⁾	6.00	01/15/30		120,000		72,875
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC⁽¹⁾	6.50	02/15/29		195,000		126,865
						344,298
RETAIL – 6.7%
99 Escrow Issuer, Inc.⁽¹⁾	7.50	01/15/26		60,000		21,183
At Home Group, Inc.⁽¹⁾	4.88	07/15/28		50,000		17,750
Carrols Restaurant Group, Inc.⁽¹⁾	5.88	07/01/29		55,000		44,691
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.⁽¹⁾	6.75	01/15/30		220,000		175,037
Foundation Building Materials, Inc.⁽¹⁾	6.00	03/01/29		70,000		57,806
GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.⁽¹⁾	7.00	08/15/28		70,000		47,637
Guitar Center, Inc.⁽¹⁾	8.50	01/15/26		95,000		80,079
LBM Acquisition LLC⁽¹⁾	6.25	01/15/29		145,000		114,702
Michaels Cos, Inc.⁽¹⁾	7.88	05/01/29		220,000		122,904
NMG Holding Co., Inc./Neiman Marcus Group LLC⁽¹⁾	7.13	04/01/26		190,000		177,901
Park River Holdings, Inc.⁽¹⁾	5.63	02/01/29		60,000		43,982
Park River Holdings, Inc.⁽¹⁾	6.75	08/01/29		50,000		38,188
SRS Distribution, Inc.⁽¹⁾	6.00	12/01/29		150,000		125,035
SRS Distribution, Inc.⁽¹⁾	6.13	07/01/29		80,000		67,073
Staples, Inc.⁽¹⁾	10.75	04/15/27		165,000		91,058
White Capital Buyer LLC⁽¹⁾	6.88	10/15/28		110,000		96,111
						1,321,137

The accompanying notes are an integral part of these financial statements.

121

BONDBLOXX ETF TRUST

BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
SOFTWARE – 5.4%
AthenaHealth Group, Inc.⁽¹⁾	6.50	02/15/30	$	420,000	$	343,590
Boxer Parent Co., Inc.⁽¹⁾	9.13	03/01/26		59,000		58,820
Castle US Holding Corp.⁽¹⁾	9.50	02/15/28		50,000		26,382
Cloud Software Group, Inc.⁽¹⁾	9.00	09/30/29		470,000		400,677
CWT Travel Group, Inc.⁽¹⁾	8.50	11/19/26		80,000		24,000
Rackspace Technology Global, Inc.⁽¹⁾	3.50	02/15/28		71,000		31,250
Rackspace Technology Global, Inc.⁽¹⁾	5.38	12/01/28		90,000		26,407
Rocket Software, Inc.⁽¹⁾	6.50	02/15/29		100,000		81,665
West Technology Group LLC⁽¹⁾	8.50	04/10/27		70,000		60,550
						1,053,341
TELECOMMUNICATIONS – 4.7%
Altice France Holding SA⁽¹⁾	6.00	02/15/28		190,000		83,504
Altice France Holding SA⁽¹⁾	10.50	05/15/27		275,000		149,839
CommScope Technologies LLC⁽¹⁾	5.00	03/15/27		126,000		46,496
CommScope Technologies LLC⁽¹⁾	6.00	06/15/25		205,000		123,309
CommScope, Inc.⁽¹⁾	7.13	07/01/28		105,000		39,475
CommScope, Inc.⁽¹⁾	8.25	03/01/27		140,000		58,342
Embarq Corp.	8.00	06/01/36		212,000		115,763
Lumen Technologies, Inc.⁽¹⁾	4.50	01/15/29		125,000		34,375
Lumen Technologies, Inc.⁽¹⁾	5.13	12/15/26		40,000		19,689
Lumen Technologies, Inc.	7.60	09/15/39		60,000		17,568
Lumen Technologies, Inc.	7.65	03/15/42		50,000		14,047
Telesat Canada/Telesat LLC⁽¹⁾	4.88	06/01/27		70,000		41,698
Telesat Canada/Telesat LLC⁽¹⁾	5.63	12/06/26		85,000		54,327
Zayo Group Holdings, Inc.⁽¹⁾	6.13	03/01/28		190,000		126,044
						924,476
TEXTILES – 0.4%
Eagle Intermediate Global Holding BV/Eagle US Finance LLC⁽¹⁾	7.50	05/01/25		120,000		79,950

TRANSPORTATION – 0.7%
Carriage Purchaser, Inc.⁽¹⁾	7.88	10/15/29		55,000		40,815
Watco Cos LLC/Watco Finance Corp.⁽¹⁾	6.50	06/15/27		105,000		97,944
						138,759
TOTAL CORPORATE BONDS (Cost - $20,074,288)						19,001,354

SHORT-TERM INVESTMENTS – 2.8%
TIME DEPOSITS – 2.8%
ANZ National Bank, London	4.68	11/01/23		547,687		547,687
TOTAL SHORT-TERM INVESTMENTS (Cost - $547,687)						547,687

TOTAL INVESTMENTS – 99.3% (Cost - $20,671,452)					$	19,552,094
OTHER ASSETS LESS LIABILITIES – 0.7%						128,315
NET ASSETS – 100.0%					$	19,680,409

Non-income producing security.

⁽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 October 31, 2023, amounts to $17,250,197 and represents 87.7% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees.

⁽²⁾

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 October 31, 2023.

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

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
CORPORATE BONDS – 11.3%
BANKS – 0.3%
Banco Nacional de Comercio Exterior SNC/Cayman Islands	4.38	10/14/25	$	200,000	$	193,642
Banco Nacional de Panama	2.50	08/11/30		425,000		315,579
						509,221
CHEMICALS – 0.5%
CNAC HK Finbridge Co. Ltd.	3.00	09/22/30		200,000		160,942
CNAC HK Finbridge Co. Ltd.	3.38	06/19/24		275,000		270,511
CNAC HK Finbridge Co. Ltd.	4.13	07/19/27		200,000		185,905
CNAC HK Finbridge Co. Ltd.	5.13	03/14/28		300,000		286,504
						903,862
COMMERCIAL SERVICES – 0.4%
DP World Crescent Ltd.	3.88	07/18/29		400,000		356,000
DP World Crescent Ltd.	4.85	09/26/28		200,000		189,750
Pelabuhan Indonesia Persero PT	4.25	05/05/25		200,000		194,023
						739,773
DIVERSIFIED FINANCIAL SERVICES – 0.2%
Power Sector Assets & Liabilities Management Corp.	7.39	12/02/24		425,000		430,661

ELECTRIC – 1.5%
Comision Federal de Electricidad	4.69	05/15/29		200,000		178,000
Eskom Holdings SOC Ltd.	6.35	08/10/28		450,000		408,938
Eskom Holdings SOC Ltd.	7.13	02/11/25		550,000		540,375
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara	4.13	05/15/27		275,000		258,527
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara	5.45	05/21/28		200,000		194,494
SPIC MTN Co. Ltd.	1.63	07/27/25		225,000		209,563
State Grid Overseas Investment BVI Ltd.	1.63	08/05/30		225,000		175,503
State Grid Overseas Investment BVI Ltd.	3.50	05/04/27		600,000		562,338
Three Gorges Finance I Cayman Islands Ltd.	3.15	06/02/26		225,000		212,391
						2,740,129
INSURANCE – 0.2%
China Life Insurance Overseas Co. Ltd./Hong Kong	5.35	08/15/33		350,000		340,288

INVESTMENT COMPANIES – 0.9%
Gaci First Investment Co.	4.75	02/14/30		200,000		188,250
Gaci First Investment Co.	5.00	10/13/27		250,000		243,047
Gaci First Investment Co.	5.25	10/13/32		300,000		285,750
MDGH GMTN RSC Ltd.	2.50	11/07/24		200,000		192,850
MDGH GMTN RSC Ltd.	2.50	05/21/26		75,000		69,375
MDGH GMTN RSC Ltd.	2.88	11/07/29		225,000		193,289
MDGH GMTN RSC Ltd.	2.88	05/21/30		200,000		169,917
MDGH GMTN RSC Ltd.	3.38	03/28/32		200,000		169,125
MDGH GMTN RSC Ltd.	5.50	04/28/33		200,000		194,250
						1,705,853
MINING – 0.7%
Corp. Nacional del Cobre de Chile	3.00	09/30/29		325,000		270,465
Corp. Nacional del Cobre de Chile	3.15	01/14/30		300,000		248,850
Corp. Nacional del Cobre de Chile	3.63	08/01/27		325,000		297,700

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)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
MINING – 0.7% (Continued)
Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT	4.75	05/15/25	$	200,000	$	195,800
Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT	5.45	05/15/30		200,000		185,652
						1,198,467
OIL & GAS – 5.7%
EDO Sukuk Ltd.	5.88	09/21/33		400,000		384,950
Oil & Gas Holding Co. BSCC	7.50	10/25/27		475,000		479,156
Pertamina Persero PT	1.40	02/09/26		200,000		180,605
Petroleos del Peru SA	4.75	06/19/32		400,000		268,546
Petroleos Mexicanos	4.50	01/23/26		175,000		157,141
Petroleos Mexicanos	5.35	02/12/28		350,000		282,485
Petroleos Mexicanos	5.95	01/28/31		625,000		444,844
Petroleos Mexicanos	6.49	01/23/27		250,000		221,722
Petroleos Mexicanos	6.50	03/13/27		650,000		573,748
Petroleos Mexicanos	6.50	01/23/29		200,000		162,200
Petroleos Mexicanos	6.70	02/16/32		1,175,000		862,156
Petroleos Mexicanos	6.84	01/23/30		400,000		311,600
Petroleos Mexicanos	6.88	08/04/26		400,000		369,300
Petroleos Mexicanos	8.75	06/02/29		300,000		264,795
Petroleos Mexicanos	10.00	02/07/33		275,000		244,475
Petronas Capital Ltd.	2.48	01/28/32		700,000		544,387
Petronas Capital Ltd.	3.50	03/18/25		850,000		824,003
Petronas Capital Ltd.	3.50	04/21/30		1,300,000		1,132,281
QatarEnergy	1.38	09/12/26		600,000		531,027
QatarEnergy	2.25	07/12/31		900,000		704,672
Sinopec Group Overseas Development 2015 Ltd.	3.25	04/28/25		275,000		265,258
Sinopec Group Overseas Development 2017 Ltd.	3.63	04/12/27		250,000		235,090
Sinopec Group Overseas Development 2018 Ltd.	1.45	01/08/26		250,000		229,479
Sinopec Group Overseas Development 2018 Ltd.	2.15	05/13/25		200,000		189,279
Sinopec Group Overseas Development 2018 Ltd.	2.30	01/08/31		225,000		182,408
Sinopec Group Overseas Development 2018 Ltd.	2.70	05/13/30		275,000		232,756
Sinopec Group Overseas Development 2018 Ltd.	2.95	11/12/29		250,000		217,961
						10,496,324
PIPELINES – 0.6%
Southern Gas Corridor CJSC	6.88	03/24/26		1,150,000		1,135,389

TRANSPORTATION – 0.3%
Transnet SOC Ltd.	8.25	02/06/28		550,000		521,812
TOTAL CORPORATE BONDS (Cost - $21,697,899)						20,721,779

GOVERNMENT AGENCIES AND OBLIGATIONS – 86.9%
GOVERNMENT AGENCIES – 3.2%
Bank Gospodarstwa Krajowego	5.38	05/22/33		950,000		887,062
Bank Gospodarstwa Krajowego	6.25	10/31/28		500,000		505,625
China Development Bank	1.00	10/27/25		225,000		206,053
Export-Import Bank of China	2.88	04/26/26		200,000		189,088
Export-Import Bank of China	3.63	07/31/24		275,000		270,442
Export-Import Bank of China	3.88	05/16/26		350,000		339,932
Export-Import Bank of India	2.25	01/13/31		600,000		459,126

The accompanying notes are an integral part of these financial statements.

124

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT AGENCIES – 3.2% (Continued)
Export-Import Bank of India	3.25	01/15/30	$	600,000	$	506,034
Export-Import Bank of India	3.38	08/05/26		575,000		540,330
Export-Import Bank of India	3.88	02/01/28		575,000		528,186
Export-Import Bank of India	5.50	01/18/33		550,000		516,334
Finance Department Government of Sharjah	6.50	11/23/32		200,000		194,250
MFB Magyar Fejlesztesi Bank Zrt	6.50	06/29/28		725,000		714,136
						5,856,598
GOVERNMENT OBLIGATIONS – 83.7%
Abu Dhabi Government International Bond	1.63	06/02/28		400,000		341,375
Abu Dhabi Government International Bond	1.70	03/02/31		300,000		234,258
Abu Dhabi Government International Bond	1.88	09/15/31		350,000		273,378
Abu Dhabi Government International Bond	2.13	09/30/24		425,000		411,483
Abu Dhabi Government International Bond	2.50	04/16/25		600,000		573,609
Abu Dhabi Government International Bond	2.50	09/30/29		600,000		516,849
Abu Dhabi Government International Bond	3.13	05/03/26		500,000		472,969
Abu Dhabi Government International Bond	3.13	10/11/27		800,000		738,608
Abu Dhabi Government International Bond	3.13	04/16/30		625,000		550,488
Angolan Government International Bond	8.00	11/26/29		1,050,000		845,250
Angolan Government International Bond	8.25	05/09/28		1,000,000		853,750
Angolan Government International Bond	8.75	04/14/32		1,000,000		787,500
Argentine Republic Government International Bond⁽¹⁾	0.75	07/09/30		4,500,000		1,257,750
Argentine Republic Government International Bond⁽¹⁾	3.63	07/09/35		4,900,000		1,212,750
Argentine Republic Government International Bond⁽¹⁾	4.25	01/09/38		2,800,000		847,000
Bahrain Government International Bond	5.25	01/25/33		400,000		327,500
Bahrain Government International Bond	5.45	09/16/32		700,000		591,500
Bahrain Government International Bond	5.63	09/30/31		475,000		415,031
Bahrain Government International Bond	6.75	09/20/29		600,000		581,250
Bahrain Government International Bond	7.00	01/26/26		525,000		524,344
Bahrain Government International Bond	7.00	10/12/28		750,000		749,062
Bahrain Government International Bond	7.38	05/14/30		475,000		470,844
Bolivian Government International Bond	4.50	03/20/28		600,000		312,000
Brazilian Government International Bond	2.88	06/06/25		600,000		571,695
Brazilian Government International Bond	3.75	09/12/31		575,000		477,825
Brazilian Government International Bond	3.88	06/12/30		1,200,000		1,033,350
Brazilian Government International Bond	4.25	01/07/25		1,450,000		1,418,847
Brazilian Government International Bond	4.50	05/30/29		700,000		646,618
Brazilian Government International Bond	4.63	01/13/28		975,000		931,788
Brazilian Government International Bond	6.00	04/07/26		750,000		758,381
Brazilian Government International Bond	6.00	10/20/33		700,000		647,500
CBB International Sukuk Co. 7 SPC	6.88	10/05/25		475,000		473,813
CBB International Sukuk Programme Co.W.L.L.	3.88	05/18/29		475,000		406,719
CBB International Sukuk Programme Co.W.L.L.	3.95	09/16/27		525,000		476,438
CBB International Sukuk Programme Co.W.L.L.	4.50	03/30/27		475,000		441,750
CBB International Sukuk Programme Co.W.L.L.	6.25	11/14/24		475,000		470,979
CBB International Sukuk Programme Co.W.L.L.	6.25	10/18/30		500,000		478,750
Chile Government International Bond	2.45	01/31/31		375,000		302,344
Chile Government International Bond	2.55	01/27/32		425,000		335,219
Chile Government International Bond	2.55	07/27/33		650,000		487,987

The accompanying notes are an integral part of these financial statements.

125

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 83.7% (Continued)
Chile Government International Bond	2.75	01/31/27	$	425,000	$	388,903
Chile Government International Bond	3.24	02/06/28		450,000		410,625
China Government International Bond	0.55	10/21/25		350,000		319,953
China Government International Bond	0.75	10/26/24		200,000		191,334
China Government International Bond	1.20	10/21/30		550,000		431,450
China Government International Bond	1.25	10/26/26		300,000		269,148
China Government International Bond	1.75	10/26/31		250,000		199,539
China Government International Bond	1.95	12/03/24		350,000		337,346
China Government International Bond	2.13	12/03/29		375,000		322,271
China Government International Bond	2.63	11/02/27		250,000		229,674
Colombia Government International Bond	3.00	01/30/30		550,000		424,325
Colombia Government International Bond	3.13	04/15/31		900,000		666,000
Colombia Government International Bond	3.25	04/22/32		750,000		537,375
Colombia Government International Bond	3.88	04/25/27		725,000		660,837
Colombia Government International Bond	4.50	01/28/26		550,000		528,597
Colombia Government International Bond	4.50	03/15/29		750,000		652,875
Colombia Government International Bond	8.00	04/20/33		600,000		586,200
Costa Rica Government International Bond	6.13	02/19/31		700,000		667,625
Costa Rica Government International Bond	6.55	04/03/34		800,000		763,400
Dominican Republic International Bond	4.50	01/30/30		900,000		764,550
Dominican Republic International Bond	4.88	09/23/32		1,400,000		1,137,500
Dominican Republic International Bond	5.50	01/27/25		550,000		541,346
Dominican Republic International Bond	5.50	02/22/29		700,000		639,450
Dominican Republic International Bond	5.95	01/25/27		775,000		747,166
Dominican Republic International Bond	6.00	07/19/28		600,000		569,400
Dominican Republic International Bond	6.00	02/22/33		875,000		773,063
Dominican Republic International Bond	6.88	01/29/26		700,000		698,432
Ecuador Government International Bond	ZCP	07/31/30		600,000		180,300
Ecuador Government International Bond⁽¹⁾	3.50	07/31/35		4,275,000		1,637,325
Ecuador Government International Bond⁽¹⁾	6.00	07/31/30		1,950,000		995,475
Egypt Government International Bond	5.80	09/30/27		450,000		291,375
Egypt Government International Bond	5.88	06/11/25		625,000		507,615
Egypt Government International Bond	5.88	02/16/31		625,000		344,531
Egypt Government International Bond	6.59	02/21/28		575,000		370,875
Egypt Government International Bond	7.05	01/15/32		400,000		228,000
Egypt Government International Bond	7.30	09/30/33		450,000		249,750
Egypt Government International Bond	7.50	01/31/27		825,000		577,500
Egypt Government International Bond	7.60	03/01/29		775,000		488,250
Egypt Government International Bond	7.63	05/29/32		725,000		416,875
Egyptian Financial Co. for Sovereign Taskeek	10.88	02/28/26		700,000		650,234
Ethiopia International Bond	6.63	12/11/24		550,000		350,372
Ghana Government International Bond⁽²⁾	6.38	02/11/27		725,000		319,000
Ghana Government International Bond⁽²⁾	7.63	05/16/29		550,000		239,250
Ghana Government International Bond⁽²⁾	7.75	04/07/29		575,000		250,844
Ghana Government International Bond⁽²⁾	8.13	01/18/26		575,000		256,594
Ghana Government International Bond⁽²⁾	8.13	03/26/32		750,000		320,625
Ghana Government International Bond⁽²⁾	8.63	04/07/34		500,000		218,125
Ghana Government International Bond	10.75	10/14/30		600,000		377,250

The accompanying notes are an integral part of these financial statements.

126

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 83.7% (Continued)
Hazine Mustesarligi Varlik Kiralama AS	4.49	11/25/24	$	225,000	$	218,813
Hazine Mustesarligi Varlik Kiralama AS	5.13	06/22/26		475,000		442,938
Hazine Mustesarligi Varlik Kiralama AS	7.25	02/24/27		650,000		632,268
Hazine Mustesarligi Varlik Kiralama AS	9.76	11/13/25		450,000		466,875
Hungary Government International Bond	2.13	09/22/31		1,300,000		940,537
Hungary Government International Bond	5.25	06/16/29		1,050,000		991,788
Hungary Government International Bond	6.13	05/22/28		850,000		844,798
Hungary Government International Bond	6.25	09/22/32		950,000		915,184
Indonesia Government International Bond	1.85	03/12/31		250,000		191,535
Indonesia Government International Bond	2.15	07/28/31		200,000		154,886
Indonesia Government International Bond	2.85	02/14/30		250,000		212,120
Indonesia Government International Bond	3.50	01/11/28		225,000		207,422
Indonesia Government International Bond	3.55	03/31/32		200,000		169,838
Indonesia Government International Bond	3.85	07/18/27		200,000		188,106
Indonesia Government International Bond	3.85	10/15/30		275,000		245,202
Indonesia Government International Bond	4.10	04/24/28		200,000		188,118
Indonesia Government International Bond	4.13	01/15/25		475,000		468,516
Indonesia Government International Bond	4.35	01/08/27		250,000		240,759
Indonesia Government International Bond	4.55	01/11/28		220,000		211,980
Indonesia Government International Bond	4.65	09/20/32		250,000		229,286
Indonesia Government International Bond	4.75	01/08/26		400,000		394,220
Indonesia Government International Bond	4.75	02/11/29		225,000		215,806
Indonesia Government International Bond	4.85	01/11/33		200,000		186,918
Iraq International Bond	5.80	01/15/28		492,188		439,329
Ivory Coast Government International Bond	6.13	06/15/33		750,000		616,875
Jamaica Government International Bond	6.75	04/28/28		800,000		813,936
Jordan Government International Bond	5.75	01/31/27		600,000		544,125
Jordan Government International Bond	5.85	07/07/30		700,000		593,688
Jordan Government International Bond	6.13	01/29/26		600,000		558,375
Jordan Government International Bond	7.50	01/13/29		650,000		605,719
Kazakhstan Government International Bond	3.88	10/14/24		900,000		890,213
Kazakhstan Government International Bond	5.13	07/21/25		1,450,000		1,458,881
KSA Sukuk Ltd.	2.25	05/17/31		375,000		297,188
KSA Sukuk Ltd.	2.97	10/29/29		375,000		325,781
KSA Sukuk Ltd.	3.63	04/20/27		800,000		753,000
KSA Sukuk Ltd.	4.27	05/22/29		600,000		564,000
KSA Sukuk Ltd.	4.30	01/19/29		450,000		426,938
KSA Sukuk Ltd.	4.51	05/22/33		600,000		546,000
KSA Sukuk Ltd.	5.27	10/25/28		325,000		321,750
Kuwait International Government Bond	3.50	03/20/27		2,650,000		2,514,240
Lebanon Government International Bond⁽²⁾	6.00	01/27/23		600,000		38,901
Lebanon Government International Bond⁽²⁾	6.10	10/04/22		1,700,000		110,568
Lebanon Government International Bond⁽²⁾	6.65	02/26/30		1,200,000		78,318
Lebanon Government International Bond⁽²⁾	6.85	03/23/27		1,300,000		84,635
Lebanon Government International Bond⁽²⁾	8.25	04/12/21		700,000		44,324
Magyar Export-Import Bank Zrt	6.13	12/04/27		650,000		637,406
Malaysia Sovereign Sukuk Bhd	3.04	04/22/25		550,000		532,414
Malaysia Sukuk Global Bhd	3.18	04/27/26		550,000		524,799

The accompanying notes are an integral part of these financial statements.

127

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 83.7% (Continued)
Mexico Government International Bond	2.66	05/24/31	$	575,000	$	449,075
Mexico Government International Bond	3.25	04/16/30		350,000		295,575
Mexico Government International Bond	3.75	01/11/28		325,000		300,462
Mexico Government International Bond	4.13	01/21/26		325,000		316,652
Mexico Government International Bond	4.15	03/28/27		400,000		384,178
Mexico Government International Bond	4.50	04/22/29		500,000		463,000
Mexico Government International Bond	4.75	04/27/32		400,000		355,000
Mexico Government International Bond	4.88	05/19/33		350,000		308,000
Mexico Government International Bond	5.40	02/09/28		200,000		196,700
Mexico Government International Bond	8.30	08/15/31		150,000		169,425
Morocco Government International Bond	3.00	12/15/32		600,000		450,000
Morocco Government International Bond	5.95	03/08/28		730,000		717,225
Morocco Government International Bond	6.50	09/08/33		700,000		673,750
Nigeria Government International Bond	6.13	09/28/28		600,000		490,500
Nigeria Government International Bond	6.50	11/28/27		1,075,000		929,875
Nigeria Government International Bond	7.14	02/23/30		750,000		604,688
Nigeria Government International Bond	7.38	09/28/33		700,000		528,500
Nigeria Government International Bond	7.63	11/21/25		650,000		635,375
Nigeria Government International Bond	7.88	02/16/32		850,000		682,125
Nigeria Government International Bond	8.38	03/24/29		725,000		637,094
Nigeria Government International Bond	8.75	01/21/31		600,000		516,750
Oman Government International Bond	4.75	06/15/26		1,075,000		1,033,903
Oman Government International Bond	5.38	03/08/27		700,000		678,125
Oman Government International Bond	5.63	01/17/28		1,075,000		1,039,882
Oman Government International Bond	6.00	08/01/29		975,000		949,406
Oman Government International Bond	6.25	01/25/31		750,000		731,250
Oman Government International Bond	6.75	10/28/27		625,000		632,227
Oman Government International Bond	7.38	10/28/32		450,000		468,563
Oman Sovereign Sukuk Co.	4.40	06/01/24		700,000		693,000
Oman Sovereign Sukuk Co.	4.88	06/15/30		800,000		751,000
Oman Sovereign Sukuk Co.	5.93	10/31/25		650,000		649,188
Pakistan Global Sukuk Programme Co. Ltd.	7.95	01/31/29		575,000		351,316
Pakistan Government International Bond	6.00	04/08/26		775,000		426,204
Pakistan Government International Bond	6.88	12/05/27		875,000		464,271
Pakistan Government International Bond	7.38	04/08/31		825,000		407,088
Panama Government International Bond	2.25	09/29/32		850,000		577,362
Panama Government International Bond	3.16	01/23/30		625,000		503,281
Panama Government International Bond	3.30	01/19/33		450,000		331,762
Panama Government International Bond	3.75	03/16/25		500,000		482,500
Panama Government International Bond	3.88	03/17/28		400,000		359,700
Paraguay Government International Bond	4.95	04/28/31		600,000		546,450
Perusahaan Penerbit SBSN Indonesia III	1.50	06/09/26		250,000		225,536
Perusahaan Penerbit SBSN Indonesia III	2.55	06/09/31		250,000		200,870
Perusahaan Penerbit SBSN Indonesia III	2.80	06/23/30		200,000		167,710
Perusahaan Penerbit SBSN Indonesia III	4.15	03/29/27		350,000		333,900
Perusahaan Penerbit SBSN Indonesia III	4.33	05/28/25		350,000		343,930
Perusahaan Penerbit SBSN Indonesia III	4.35	09/10/24		275,000		271,968
Perusahaan Penerbit SBSN Indonesia III	4.40	06/06/27		325,000		311,781

The accompanying notes are an integral part of these financial statements.

128

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 83.7% (Continued)
Perusahaan Penerbit SBSN Indonesia III	4.40	03/01/28	$	325,000	$	310,648
Perusahaan Penerbit SBSN Indonesia III	4.45	02/20/29		200,000		189,876
Perusahaan Penerbit SBSN Indonesia III	4.55	03/29/26		300,000		292,999
Perusahaan Penerbit SBSN Indonesia III	4.70	06/06/32		300,000		279,547
Peruvian Government International Bond	1.86	12/01/32		425,000		300,262
Peruvian Government International Bond	2.78	01/23/31		1,575,000		1,265,512
Philippine Government International Bond	1.65	06/10/31		450,000		337,887
Philippine Government International Bond	2.46	05/05/30		375,000		308,661
Philippine Government International Bond	3.00	02/01/28		650,000		587,831
Philippine Government International Bond	3.75	01/14/29		550,000		506,679
Philippine Government International Bond	5.00	07/17/33		400,000		377,032
Philippine Government International Bond	5.50	03/30/26		375,000		376,147
Philippine Government International Bond	6.38	01/15/32		375,000		389,565
Philippine Government International Bond	7.75	01/14/31		600,000		669,903
Philippine Government International Bond	9.50	02/02/30		700,000		832,881
Philippine Government International Bond	10.63	03/16/25		450,000		481,036
Qatar Government International Bond	3.25	06/02/26		950,000		902,125
Qatar Government International Bond	3.40	04/16/25		525,000		508,530
Qatar Government International Bond	3.75	04/16/30		800,000		731,875
Qatar Government International Bond	4.00	03/14/29		1,250,000		1,177,734
Qatar Government International Bond	4.50	04/23/28		800,000		775,896
Qatar Government International Bond	9.75	06/15/30		325,000		401,706
RAK Capital	3.09	03/31/25		200,000		192,250
Republic of Azerbaijan International Bond	3.50	09/01/32		650,000		510,412
Republic of Kenya Government International Bond	6.30	01/23/34		500,000		345,000
Republic of Kenya Government International Bond	6.88	06/24/24		1,150,000		1,108,313
Republic of Kenya Government International Bond	7.25	02/28/28		600,000		489,000
Republic of Kenya Government International Bond	8.00	05/22/32		700,000		552,125
Republic of Poland Government International Bond	3.25	04/06/26		1,000,000		948,460
Republic of Poland Government International Bond	4.88	10/04/33		1,400,000		1,300,187
Republic of Poland Government International Bond	5.50	11/16/27		950,000		956,735
Republic of Poland Government International Bond	5.75	11/16/32		900,000		894,064
Republic of South Africa Government International Bond	4.30	10/12/28		1,050,000		906,937
Republic of South Africa Government International Bond	4.85	09/27/27		450,000		415,969
Republic of South Africa Government International Bond	4.85	09/30/29		950,000		809,875
Republic of South Africa Government International Bond	4.88	04/14/26		550,000		524,562
Republic of South Africa Government International Bond	5.88	09/16/25		900,000		889,065
Republic of South Africa Government International Bond	5.88	06/22/30		625,000		550,000
Republic of South Africa Government International Bond	5.88	04/20/32		625,000		528,906
Romanian Government International Bond	3.00	02/27/27		850,000		772,143
Romanian Government International Bond	3.00	02/14/31		800,000		634,984
Romanian Government International Bond	3.63	03/27/32		650,000		515,629
Romanian Government International Bond	5.25	11/25/27		600,000		581,626
Romanian Government International Bond	6.63	02/17/28		650,000		652,301
Romanian Government International Bond	7.13	01/17/33		920,000		915,060
Saudi Government International Bond	2.25	02/02/33		650,000		489,938
Saudi Government International Bond	2.50	02/03/27		275,000		249,906
Saudi Government International Bond	2.75	02/03/32		225,000		181,969

The accompanying notes are an integral part of these financial statements.

129

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 83.7% (Continued)
Saudi Government International Bond	2.90	10/22/25	$	350,000	$	331,550
Saudi Government International Bond	3.25	10/26/26		900,000		843,750
Saudi Government International Bond	3.25	10/22/30		350,000		300,563
Saudi Government International Bond	3.63	03/04/28		1,100,000		1,018,875
Saudi Government International Bond	4.00	04/17/25		800,000		778,792
Saudi Government International Bond	4.38	04/16/29		850,000		799,000
Saudi Government International Bond	4.50	04/17/30		500,000		468,750
Saudi Government International Bond	4.75	01/18/28		725,000		703,250
Saudi Government International Bond	4.88	07/18/33		475,000		443,531
Saudi Government International Bond	5.50	10/25/32		500,000		490,625
Senegal Government International Bond	6.25	05/23/33		625,000		497,656
Serbia International Bond	2.13	12/01/30		700,000		515,204
Serbia International Bond	6.50	09/26/33		550,000		517,760
Sharjah Sukuk Program Ltd.	2.94	06/10/27		225,000		202,781
Sharjah Sukuk Program Ltd.	3.23	10/23/29		200,000		172,375
Sharjah Sukuk Program Ltd.	3.85	04/03/26		200,000		190,250
Sharjah Sukuk Program Ltd.	4.23	03/14/28		250,000		232,048
Sri Lanka Government International Bond⁽²⁾	5.75	04/18/23		725,000		379,175
Sri Lanka Government International Bond⁽²⁾	6.20	05/11/27		900,000		450,639
Sri Lanka Government International Bond⁽²⁾	6.75	04/18/28		725,000		363,805
Sri Lanka Government International Bond⁽²⁾	6.85	03/14/24		600,000		310,992
Sri Lanka Government International Bond⁽²⁾	6.85	11/03/25		1,300,000		673,231
Sri Lanka Government International Bond⁽²⁾	7.55	03/28/30		1,675,000		840,415
Trinidad & Tobago Government International Bond	4.50	08/04/26		600,000		573,660
Tunisian Republic International Bond	5.75	01/30/25		575,000		401,781
Turkiye Government International Bond	4.25	03/13/25		425,000		406,937
Turkiye Government International Bond	4.25	04/14/26		325,000		299,406
Turkiye Government International Bond	4.75	01/26/26		300,000		282,375
Turkiye Government International Bond	4.88	10/09/26		550,000		508,062
Turkiye Government International Bond	5.13	02/17/28		425,000		377,719
Turkiye Government International Bond	5.25	03/13/30		425,000		352,219
Turkiye Government International Bond	5.60	11/14/24		500,000		493,750
Turkiye Government International Bond	5.88	06/26/31		375,000		312,656
Turkiye Government International Bond	5.95	01/15/31		500,000		422,500
Turkiye Government International Bond	6.00	03/25/27		700,000		659,750
Turkiye Government International Bond	6.13	10/24/28		600,000		546,000
Turkiye Government International Bond	6.35	08/10/24		425,000		423,406
Turkiye Government International Bond	6.38	10/14/25		500,000		488,125
Turkiye Government International Bond	6.50	09/20/33		300,000		252,750
Turkiye Government International Bond	7.38	02/05/25		650,000		654,875
Turkiye Government International Bond	7.63	04/26/29		850,000		812,812
Turkiye Government International Bond	8.60	09/24/27		425,000		431,906
Turkiye Government International Bond	9.13	07/13/30		400,000		400,500
Turkiye Government International Bond	9.38	03/14/29		450,000		459,562
Turkiye Government International Bond	9.38	01/19/33		450,000		451,125
Turkiye Government International Bond	9.88	01/15/28		725,000		761,250
Turkiye Government International Bond	11.88	01/15/30		325,000		375,375
UAE Government International Bond	2.00	10/19/31		225,000		177,050

The accompanying notes are an integral part of these financial statements.

130

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 83.7% (Continued)
UAE Government International Bond	4.05	07/07/32	$	450,000	$	411,047
UAE Government International Bond	4.92	09/25/33		200,000		192,938
Ukraine Government International Bond	6.88	05/21/31		1,000,000		250,500
Ukraine Government International Bond	7.75	09/01/25		775,000		239,766
Ukraine Government International Bond	7.75	09/01/26		750,000		218,274
Ukraine Government International Bond	7.75	09/01/27		800,000		230,400
Ukraine Government International Bond	7.75	09/01/28		750,000		213,000
Ukraine Government International Bond	7.75	09/01/29		750,000		211,500
Ukraine Government International Bond	9.75	11/01/30		950,000		279,300
Uruguay Government International Bond	4.38	10/27/27		825,000		816,832
Uruguay Government International Bond	4.38	01/23/31		1,175,000		1,110,559
Uruguay Government International Bond	5.75	10/28/34		850,000		851,275
Vietnam Government International Bond	4.80	11/19/24		600,000		589,122
Zambia Government International Bond⁽²⁾	8.50	04/14/24		600,000		369,750
Zambia Government International Bond⁽²⁾	8.97	07/30/27		700,000		429,078
						153,476,195
TOTAL GOVERNMENT AGENCIES AND OBLIGATIONS (Cost - $163,807,361)						159,332,793

SHORT-TERM INVESTMENTS – 0.5%
TIME DEPOSITS – 0.5%
ANZ National Bank, London	4.68	11/01/23		896,458		896,458
Citibank, London	2.85	11/01/23	EUR	671		709
TOTAL SHORT-TERM INVESTMENTS (Cost - $897,167)						897,167

TOTAL INVESTMENTS – 98.7% (Cost - $186,402,427)					$	180,951,739
OTHER ASSETS LESS LIABILITIES – 1.3%						2,467,029
NET ASSETS – 100.0%					$	183,418,768

ZCP

Indicates a zero coupon rate.

EUR

Euro.

	⁽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 October 31, 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.

131

BONDBLOXX ETF TRUST

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)

October 31, 2023

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 October 31, 2023:

Country	Percent of Net Assets
Angola		1.4	%
Argentina		1.8	%
Azerbaijan		0.9	%
Bahrain		3.8	%
Bolivia		0.2	%
Brazil		3.5	%
British Virgin Islands		1.4	%
Cayman Islands		3.3	%
Chile		1.5	%
China		2.0	%
Colombia		2.2	%
Costa Rica		0.8	%
Dominican Republic		3.2	%
Ecuador		1.5	%
Egypt		2.2	%
Ethiopia		0.2	%
Ghana		1.1	%
Hong Kong		0.5	%
Hungary		2.8	%
India		1.4	%
Indonesia		4.2	%
Iraq		0.2	%
Ivory Coast		0.3	%
Jamaica		0.4	%
Jordan		1.3	%
Kazakhstan		1.3	%
Kenya		1.4	%
Kuwait		1.4	%
Lebanon		0.2	%

Country	Percent of Net Assets
Malaysia		1.9	%
Mexico		4.1	%
Morocco		1.0	%
Nigeria		2.7	%
Oman		4.2	%
Pakistan		0.9	%
Panama		1.4	%
Paraguay		0.3	%
Peru		1.0	%
Philippines		2.9	%
Poland		3.0	%
Qatar		3.1	%
Romania		2.2	%
Saudi Arabia		3.9	%
Senegal		0.3	%
Serbia		0.6	%
South Africa		3.3	%
Sri Lanka		1.6	%
Trinidad and Tobago		0.3	%
Tunisia		0.2	%
Turkey		6.5	%
Ukraine		0.9	%
United Arab Emirates		3.3	%
Uruguay		1.5	%
Vietnam		0.3	%
Zambia		0.4	%
Other*		1.8	%
		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.

132

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Portfolio of Investments
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
SHORT-TERM INVESTMENTS – 102.0%
GOVERNMENT OBLIGATIONS – 101.9%
U.S. Treasury Bill	ZCP	11/02/23	$	26,342,100	$	26,338,273
U.S. Treasury Bill	ZCP	11/07/23		3,708,800		3,705,543
U.S. Treasury Bill	ZCP	11/09/23		25,013,500		24,984,073
U.S. Treasury Bill	ZCP	11/14/23		7,312,700		7,298,763
U.S. Treasury Bill	ZCP	11/16/23		18,070,600		18,030,985
U.S. Treasury Bill	ZCP	11/21/23		8,697,200		8,671,629
U.S. Treasury Bill	ZCP	11/24/23		3,481,900		3,470,147
U.S. Treasury Bill	ZCP	11/28/23		19,025,400		18,949,955
U.S. Treasury Bill	ZCP	11/30/23		27,289,100		27,172,958
U.S. Treasury Bill	ZCP	12/05/23		12,271,400		12,210,273
U.S. Treasury Bill	ZCP	12/07/23		22,798,900		22,678,575
U.S. Treasury Bill	ZCP	12/12/23		12,448,200		12,373,274
U.S. Treasury Bill	ZCP	12/14/23		20,681,800		20,551,240
U.S. Treasury Bill	ZCP	12/19/23		12,944,400		12,852,792
U.S. Treasury Bill	ZCP	12/21/23		17,186,200		17,059,754
U.S. Treasury Bill	ZCP	12/28/23		57,171,900		56,691,059
U.S. Treasury Bill	ZCP	01/02/24		6,524,300		6,464,778
U.S. Treasury Bill	ZCP	01/04/24		7,212,300		7,144,438
U.S. Treasury Bill	ZCP	01/09/24		7,031,800		6,960,745
U.S. Treasury Bill	ZCP	01/11/24		9,174,300		9,078,517
U.S. Treasury Bill	ZCP	01/16/24		3,021,000		2,987,183
U.S. Treasury Bill	ZCP	01/18/24		9,708,700		9,597,121
U.S. Treasury Bill	ZCP	01/23/24		1,005,000		992,702
U.S. Treasury Bill	ZCP	01/25/24		49,540,300		48,921,188
U.S. Treasury Bill	ZCP	01/30/24		1,005,000		991,691
U.S. Treasury Bill	ZCP	02/01/24		1,005,000		991,375
U.S. Treasury Bill	ZCP	02/08/24		5,935,500		5,849,127
U.S. Treasury Bill	ZCP	02/15/24		5,009,200		4,930,993
U.S. Treasury Bill	ZCP	02/22/24		41,324,800		40,636,385
U.S. Treasury Bill	ZCP	03/07/24		4,138,500		4,060,990
U.S. Treasury Bill	ZCP	03/21/24		36,331,100		35,575,572
U.S. Treasury Bill	ZCP	04/18/24		41,824,400		40,782,151
U.S. Treasury Bill	ZCP	05/16/24		94,138,600		91,444,564
U.S. Treasury Bill	ZCP	06/13/24		99,520,600		96,313,351
U.S. Treasury Bill	ZCP	07/11/24		99,625,300		96,027,806
U.S. Treasury Bill	ZCP	08/08/24		104,801,300		100,558,760
U.S. Treasury Bill	ZCP	09/05/24		109,852,700		104,973,347
U.S. Treasury Bill	ZCP	10/03/24		115,000,000		109,434,095
TOTAL GOVERNMENT OBLIGATIONS (Cost - $1,118,182,480)						1,117,756,172

TIME DEPOSITS – 0.1%
Sumitomo Mitsui Trust Bank, London	4.68	11/01/23		687,779		687,779
TOTAL TIME DEPOSITS (Cost - $687,779)						687,779
TOTAL SHORT-TERM INVESTMENTS (Cost - $1,118,870,259)						1,118,443,951

TOTAL INVESTMENTS – 102.0% (Cost - $1,118,870,259)					$	1,118,443,951
OTHER ASSETS LESS LIABILITIES – (2.0)%						(21,558,950	)
NET ASSETS – 100.0%					$	1,096,885,001

ZCP

Indicates a zero coupon rate.

The accompanying notes are an integral part of these financial statements.

133

BONDBLOXX ETF TRUST

BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 99.1%
U.S. Treasury Note	0.25	05/15/24	$	23,114,200	$	22,477,657
U.S. Treasury Note	0.25	06/15/24		7,544,300		7,304,710
U.S. Treasury Note	0.38	07/15/24		6,788,900		6,551,819
U.S. Treasury Note	0.38	08/15/24		9,027,000		8,674,030
U.S. Treasury Note	0.38	09/15/24		9,019,900		8,630,388
U.S. Treasury Note	0.38	04/30/25		9,750,000		9,075,498
U.S. Treasury Note	0.50	03/31/25		9,402,200		8,797,484
U.S. Treasury Note	0.63	10/15/24		19,500,100		18,630,594
U.S. Treasury Note	0.75	11/15/24		13,250,200		12,629,873
U.S. Treasury Note	1.00	12/15/24		12,575,900		11,981,492
U.S. Treasury Note	1.13	01/15/25		11,783,600		11,210,991
U.S. Treasury Note	1.13	02/28/25		7,538,700		7,137,912
U.S. Treasury Note	1.25	08/31/24		7,110,400		6,868,202
U.S. Treasury Note	1.38	01/31/25		6,524,700		6,216,816
U.S. Treasury Note	1.50	09/30/24		6,264,900		6,045,628
U.S. Treasury Note	1.50	10/31/24		4,550,800		4,377,567
U.S. Treasury Note	1.50	11/30/24		7,972,300		7,645,934
U.S. Treasury Note	1.50	02/15/25		11,545,800		11,001,434
U.S. Treasury Note	1.75	06/30/24		6,165,400		6,014,878
U.S. Treasury Note	1.75	07/31/24		7,620,900		7,413,409
U.S. Treasury Note	1.75	12/31/24		7,425,200		7,124,421
U.S. Treasury Note	1.75	03/15/25		11,491,600		10,960,113
U.S. Treasury Note	1.88	08/31/24		4,476,700		4,346,071
U.S. Treasury Note	2.00	05/31/24		5,592,300		5,481,874
U.S. Treasury Note	2.00	06/30/24		9,111,700		8,905,619
U.S. Treasury Note	2.00	02/15/25		12,801,500		12,277,689
U.S. Treasury Note	2.13	07/31/24		1,071,600		1,045,438
U.S. Treasury Note	2.13	09/30/24		1,286,900		1,248,972
U.S. Treasury Note	2.13	11/30/24		5,318,500		5,135,573
U.S. Treasury Note	2.13	05/15/25		11,825,000		11,292,182
U.S. Treasury Note	2.25	10/31/24		3,213,400		3,114,488
U.S. Treasury Note	2.25	11/15/24		13,861,700		13,417,963
U.S. Treasury Note	2.25	12/31/24		6,051,200		5,839,644
U.S. Treasury Note	2.38	08/15/24		12,837,000		12,528,862
U.S. Treasury Note	2.50	05/15/24		5,303,300		5,219,607
U.S. Treasury Note	2.50	05/31/24		19,500,300		19,170,852
U.S. Treasury Note	2.50	01/31/25		6,022,200		5,818,598
U.S. Treasury Note	2.63	03/31/25		3,229,000		3,113,652
U.S. Treasury Note	2.63	04/15/25		11,043,800		10,641,737
U.S. Treasury Note	2.75	02/28/25		6,023,500		5,827,501
U.S. Treasury Note	2.75	05/15/25		10,500,000		10,120,195
U.S. Treasury Note	2.88	04/30/25		5,895,200		5,697,043
U.S. Treasury Note	3.00	06/30/24		11,728,100		11,537,976
U.S. Treasury Note	3.00	07/31/24		34,798,000		34,165,247
U.S. Treasury Note	3.25	08/31/24		20,875,000		20,495,825
U.S. Treasury Note	3.88	03/31/25		10,026,000		9,838,600
U.S. Treasury Note	3.88	04/30/25		9,713,400		9,526,341
U.S. Treasury Note	4.13	01/31/25		10,574,000		10,422,412

The accompanying notes are an integral part of these financial statements.

134

BONDBLOXX ETF TRUST

BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)

October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 99.1% (Continued)
U.S. Treasury Note	4.25	09/30/24	$	13,597,700	$	13,452,162
U.S. Treasury Note	4.25	12/31/24		9,751,600		9,627,420
U.S. Treasury Note	4.25	05/31/25		9,800,000		9,659,699
U.S. Treasury Note	4.38	10/31/24		17,303,700		17,123,566
U.S. Treasury Note	4.50	11/30/24		9,786,200		9,690,058
U.S. Treasury Note	4.63	02/28/25		10,083,100		9,996,448
TOTAL GOVERNMENT OBLIGATIONS (Cost - $523,829,991)						522,550,164

SHORT-TERM INVESTMENTS – 0.3%
TIME DEPOSITS – 0.3%
Sumitomo Mitsui Trust Bank, London	4.68	11/01/23		1,547,559		1,547,559
TOTAL SHORT-TERM INVESTMENTS (Cost - $1,547,559)						1,547,559

TOTAL INVESTMENTS – 99.4% (Cost - $525,377,550)					$	524,097,723
OTHER ASSETS LESS LIABILITIES – 0.6%						3,128,850
NET ASSETS – 100.0%					$	527,226,573

The accompanying notes are an integral part of these financial statements.

135

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Portfolio of Investments
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 98.9%
U.S. Treasury Bond	6.50	11/15/26	$	108,000	$	112,814
U.S. Treasury Bond	6.63	02/15/27		90,400		95,146
U.S. Treasury Note	0.25	05/31/25		756,000		699,728
U.S. Treasury Note	0.25	07/31/25		2,749,400		2,526,870
U.S. Treasury Note	0.25	08/31/25		1,372,800		1,257,265
U.S. Treasury Note	0.25	09/30/25		1,200,000		1,095,609
U.S. Treasury Note	0.25	10/31/25		1,917,400		1,743,860
U.S. Treasury Note	0.38	04/30/25		972,000		904,757
U.S. Treasury Note	0.38	11/30/25		2,921,700		2,655,209
U.S. Treasury Note	0.38	12/31/25		1,720,000		1,558,884
U.S. Treasury Note	0.38	01/31/26		2,389,000		2,156,259
U.S. Treasury Note	0.50	03/31/25		1,061,100		992,854
U.S. Treasury Note	0.50	02/28/26		1,891,000		1,706,406
U.S. Treasury Note	0.63	07/31/26		1,917,000		1,708,526
U.S. Treasury Note	0.75	11/15/24		1,361,300		1,297,569
U.S. Treasury Note	0.75	03/31/26		2,293,000		2,077,404
U.S. Treasury Note	0.75	04/30/26		2,385,500		2,153,007
U.S. Treasury Note	0.75	05/31/26		2,313,200		2,080,434
U.S. Treasury Note	0.75	08/31/26		2,061,700		1,837,410
U.S. Treasury Note	0.88	06/30/26		1,710,800		1,541,324
U.S. Treasury Note	0.88	09/30/26		1,958,600		1,748,892
U.S. Treasury Note	1.00	12/15/24		1,139,000		1,085,164
U.S. Treasury Note	1.13	01/15/25		1,697,400		1,614,917
U.S. Treasury Note	1.13	10/31/26		1,944,000		1,742,538
U.S. Treasury Note	1.25	11/30/26		2,000,000		1,794,297
U.S. Treasury Note	1.38	01/31/25		382,000		363,974
U.S. Treasury Note	1.38	08/31/26		775,800		704,069
U.S. Treasury Note	1.50	11/30/24		1,076,200		1,032,143
U.S. Treasury Note	1.50	02/15/25		4,875,700		4,645,818
U.S. Treasury Note	1.50	08/15/26		1,743,000		1,589,398
U.S. Treasury Note	1.63	02/15/26		2,102,000		1,949,769
U.S. Treasury Note	1.63	05/15/26		2,286,000		2,105,978
U.S. Treasury Note	1.63	09/30/26		627,600		572,759
U.S. Treasury Note	1.63	10/31/26		782,600		712,166
U.S. Treasury Note	1.63	11/30/26		770,600		699,771
U.S. Treasury Note	1.75	12/31/24		810,800		777,956
U.S. Treasury Note	1.75	03/15/25		3,322,000		3,168,358
U.S. Treasury Note	1.75	12/31/26		800,000		727,469
U.S. Treasury Note	1.88	06/30/26		696,000		643,963
U.S. Treasury Note	1.88	07/31/26		1,433,000		1,321,887
U.S. Treasury Note	2.00	02/15/25		513,400		492,393
U.S. Treasury Note	2.00	11/15/26		1,756,200		1,614,263
U.S. Treasury Note	2.13	11/30/24		540,000		521,427
U.S. Treasury Note	2.13	05/15/25		500,000		477,471
U.S. Treasury Note	2.13	05/31/26		1,606,300		1,497,749
U.S. Treasury Note	2.25	12/31/24		500,000		482,520
U.S. Treasury Note	2.25	11/15/25		2,047,600		1,937,542
U.S. Treasury Note	2.50	01/31/25		400,000		386,477

The accompanying notes are an integral part of these financial statements.

136

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 98.9% (Continued)
U.S. Treasury Note	2.50	02/28/26	$	226,000	$	213,791
U.S. Treasury Note	2.63	04/15/25		1,156,600		1,114,493
U.S. Treasury Note	2.63	12/31/25		200,000		190,250
U.S. Treasury Note	2.75	02/28/25		573,000		554,355
U.S. Treasury Note	2.75	05/15/25		2,759,000		2,659,202
U.S. Treasury Note	2.88	06/15/25		2,157,400		2,080,543
U.S. Treasury Note	3.00	07/15/25		2,538,400		2,449,655
U.S. Treasury Note	3.13	08/15/25		3,069,000		2,964,462
U.S. Treasury Note	3.50	09/15/25		1,000,000		971,445
U.S. Treasury Note	3.63	05/15/26		1,363,100		1,320,397
U.S. Treasury Note	3.75	04/15/26		1,911,000		1,857,552
U.S. Treasury Note	3.88	04/30/25		708,000		694,365
U.S. Treasury Note	3.88	01/15/26		135,600		132,395
U.S. Treasury Note	4.00	12/15/25		1,083,000		1,060,494
U.S. Treasury Note	4.00	02/15/26		3,090,400		3,023,522
U.S. Treasury Note	4.13	06/15/26		407,000		398,892
U.S. Treasury Note	4.25	12/31/24		1,499,000		1,479,911
U.S. Treasury Note	4.25	05/31/25		674,600		664,942
U.S. Treasury Note	4.25	10/15/25		1,853,900		1,825,186
U.S. Treasury Note	4.38	08/15/26		1,430,000		1,409,611
U.S. Treasury Note	4.50	11/30/24		884,800		876,108
U.S. Treasury Note	4.50	11/15/25		430,000		425,364
U.S. Treasury Note	4.50	07/15/26		1,396,300		1,381,028
U.S. Treasury Note	4.63	06/30/25		1,026,800		1,018,116
U.S. Treasury Note	4.63	03/15/26		1,634,600		1,621,447
U.S. Treasury Note	4.63	09/15/26		1,401,000		1,390,711
U.S. Treasury Note	4.63	10/15/26		1,600,000		1,588,063
U.S. Treasury Note	5.00	08/31/25		750,000		748,491
U.S. Treasury Note	5.00	09/30/25		1,100,000		1,098,023
TOTAL GOVERNMENT OBLIGATIONS (Cost - $105,055,365)						103,825,277

SHORT-TERM INVESTMENTS – 0.3%
TIME DEPOSITS – 0.3%
Sumitomo Mitsui Trust Bank, London	4.68	11/01/23		314,373		314,373
TOTAL SHORT-TERM INVESTMENTS (Cost - $314,373)						314,373

TOTAL INVESTMENTS – 99.2% (Cost - $105,369,738)					$	104,139,650
OTHER ASSETS LESS LIABILITIES – 0.8%						889,880
NET ASSETS – 100.0%					$	105,029,530

The accompanying notes are an integral part of these financial statements.

137

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 99.1%
U.S. Treasury Note	0.38	11/30/25	$	981,600	$	892,067
U.S. Treasury Note	0.38	12/31/25		523,600		474,553
U.S. Treasury Note	0.38	01/31/26		1,214,200		1,095,910
U.S. Treasury Note	0.38	07/31/27		407,200		345,118
U.S. Treasury Note	0.38	09/30/27		543,200		457,137
U.S. Treasury Note	0.50	02/28/26		535,600		483,316
U.S. Treasury Note	0.50	04/30/27		375,200		322,965
U.S. Treasury Note	0.50	06/30/27		214,400		183,312
U.S. Treasury Note	0.50	08/31/27		375,200		318,495
U.S. Treasury Note	0.50	10/31/27		513,800		433,097
U.S. Treasury Note	0.63	07/31/26		1,149,800		1,024,759
U.S. Treasury Note	0.63	11/30/27		517,200		436,812
U.S. Treasury Note	0.63	12/31/27		600,000		505,172
U.S. Treasury Note	0.75	03/31/26		877,400		794,904
U.S. Treasury Note	0.75	04/30/26		1,134,000		1,023,479
U.S. Treasury Note	0.75	05/31/26		830,200		746,661
U.S. Treasury Note	0.75	08/31/26		722,500		643,900
U.S. Treasury Note	0.88	06/30/26		1,120,200		1,009,230
U.S. Treasury Note	0.88	09/30/26		776,400		693,271
U.S. Treasury Note	1.13	10/31/26		514,400		461,091
U.S. Treasury Note	1.13	02/28/27		171,600		152,141
U.S. Treasury Note	1.25	11/30/26		1,021,600		916,527
U.S. Treasury Note	1.25	12/31/26		573,400		513,439
U.S. Treasury Note	1.50	08/15/26		206,800		188,576
U.S. Treasury Note	1.50	01/31/27		862,600		775,969
U.S. Treasury Note	1.63	02/15/26		129,400		120,029
U.S. Treasury Note	1.63	05/15/26		230,200		212,072
U.S. Treasury Note	1.63	10/31/26		273,400		248,794
U.S. Treasury Note	1.63	11/30/26		181,000		164,364
U.S. Treasury Note	1.88	02/28/27		863,000		784,150
U.S. Treasury Note	2.00	11/15/26		562,600		517,131
U.S. Treasury Note	2.25	02/15/27		225,000		207,237
U.S. Treasury Note	2.25	08/15/27		514,400		468,024
U.S. Treasury Note	2.25	11/15/27		476,800		431,392
U.S. Treasury Note	2.38	05/15/27		362,000		332,786
U.S. Treasury Note	2.50	03/31/27		300,000		277,945
U.S. Treasury Note	2.63	05/31/27		614,400		569,328
U.S. Treasury Note	2.75	04/30/27		750,000		699,229
U.S. Treasury Note	2.75	07/31/27		754,400		699,853
U.S. Treasury Note	2.75	02/15/28		650,000		597,441
U.S. Treasury Note	3.13	08/31/27		562,600		528,558
U.S. Treasury Note	3.25	06/30/27		1,053,200		996,591
U.S. Treasury Note	3.50	01/31/28		413,800		392,464
U.S. Treasury Note	3.63	05/15/26		350,000		339,035
U.S. Treasury Note	3.63	03/31/28		488,800		465,296
U.S. Treasury Note	3.88	01/15/26		375,200		366,333
U.S. Treasury Note	3.88	11/30/27		482,000		464,471
U.S. Treasury Note	3.88	12/31/27		401,800		387,046

The accompanying notes are an integral part of these financial statements.

138

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
October 31, 2023

			Face
	Rate (%)	Maturity	Amount		Value
GOVERNMENT OBLIGATIONS – 99.1% (Continued)
U.S. Treasury Note	4.00	02/15/26	$	375,200	$	367,080
U.S. Treasury Note	4.00	02/29/28		491,400		475,314
U.S. Treasury Note	4.13	06/15/26		600,000		588,047
U.S. Treasury Note	4.13	09/30/27		528,200		514,314
U.S. Treasury Note	4.13	10/31/27		616,200		599,592
U.S. Treasury Note	4.38	08/15/26		206,800		203,852
U.S. Treasury Note	4.50	07/15/26		206,800		204,538
U.S. Treasury Note	4.63	03/15/26		348,200		345,398
U.S. Treasury Note	4.63	09/15/26		200,000		198,531
TOTAL GOVERNMENT OBLIGATIONS (Cost - $29,234,758)						28,658,136

SHORT-TERM INVESTMENTS – 0.4%
TIME DEPOSITS – 0.4%
ANZ National Bank, London	4.68	11/01/23		107,941		107,941
TOTAL SHORT-TERM INVESTMENTS (Cost - $107,941)						107,941

TOTAL INVESTMENTS – 99.5% (Cost - $29,342,699)					$	28,766,077
OTHER ASSETS LESS LIABILITIES – 0.5%						154,754
NET ASSETS – 100.0%					$	28,920,831

The accompanying notes are an integral part of these financial statements.

139

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
GOVERNMENT OBLIGATIONS – 98.8%
U.S. Treasury Bond	5.25	02/15/29	$	50,600	$	51,428
U.S. Treasury Note	0.75	01/31/28		1,250,000		1,054,736
U.S. Treasury Note	1.00	07/31/28		799,900		669,979
U.S. Treasury Note	1.13	02/29/28		607,800		520,049
U.S. Treasury Note	1.13	08/31/28		455,800		383,068
U.S. Treasury Note	1.25	03/31/28		1,309,000		1,123,132
U.S. Treasury Note	1.25	04/30/28		1,102,400		943,413
U.S. Treasury Note	1.25	05/31/28		506,500		432,048
U.S. Treasury Note	1.25	06/30/28		840,800		715,107
U.S. Treasury Note	1.25	09/30/28		857,300		722,878
U.S. Treasury Note	1.38	10/31/28		802,000		678,599
U.S. Treasury Note	1.38	12/31/28		639,600		538,163
U.S. Treasury Note	1.50	11/30/28		730,200		620,328
U.S. Treasury Note	1.50	02/15/30		1,453,800		1,188,936
U.S. Treasury Note	1.63	08/15/29		790,400		662,917
U.S. Treasury Note	1.75	01/31/29		597,000		511,135
U.S. Treasury Note	1.75	11/15/29		798,300		670,447
U.S. Treasury Note	1.88	02/28/29		560,400		481,900
U.S. Treasury Note	2.38	03/31/29		513,500		452,281
U.S. Treasury Note	2.38	05/15/29		1,421,000		1,249,203
U.S. Treasury Note	2.63	02/15/29		673,300		602,998
U.S. Treasury Note	2.63	07/31/29		553,400		490,559
U.S. Treasury Note	2.75	05/31/29		1,347,800		1,207,123
U.S. Treasury Note	2.88	05/15/28		253,200		232,944
U.S. Treasury Note	2.88	08/15/28		1,098,900		1,006,094
U.S. Treasury Note	2.88	04/30/29		536,400		484,394
U.S. Treasury Note	3.13	11/15/28		405,200		373,718
U.S. Treasury Note	3.13	08/31/29		1,503,900		1,367,962
U.S. Treasury Note	3.25	06/30/29		924,900		849,354
U.S. Treasury Note	3.50	04/30/28		961,500		909,857
U.S. Treasury Note	3.50	01/31/30		1,015,000		937,805
U.S. Treasury Note	3.50	04/30/30		867,600		799,582
U.S. Treasury Note	3.63	03/31/30		1,102,500		1,024,162
U.S. Treasury Note	3.75	05/31/30		866,400		809,678
U.S. Treasury Note	3.75	06/30/30		866,400		809,069
U.S. Treasury Note	3.88	09/30/29		746,600		706,820
U.S. Treasury Note	3.88	11/30/29		579,600		547,881
U.S. Treasury Note	3.88	12/31/29		1,250,400		1,181,042
U.S. Treasury Note	4.00	06/30/28		607,800		586,788
U.S. Treasury Note	4.00	10/31/29		1,441,000		1,372,553
U.S. Treasury Note	4.00	02/28/30		812,400		771,717
U.S. Treasury Note	4.00	07/31/30		1,086,000		1,028,900
U.S. Treasury Note	4.13	08/31/30		901,600		860,112
U.S. Treasury Note	4.38	08/31/28		531,800		521,683
U.S. Treasury Note	4.63	09/30/28		557,100		551,986
U.S. Treasury Note	4.63	09/30/30		911,700		896,458
U.S. Treasury Note	4.88	10/31/28		350,000		350,779
U.S. Treasury Note	4.88	10/31/30		1,175,000		1,172,797
TOTAL GOVERNMENT OBLIGATIONS (Cost - $37,655,569)						36,124,562

The accompanying notes are an integral part of these financial statements.

140

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
SHORT-TERM INVESTMENTS – 0.4%
TIME DEPOSITS – 0.4%
Skandinaviska Enskilda Banken, Stockholm	4.68	11/01/23	$	128,667	$	128,667
TOTAL SHORT-TERM INVESTMENTS (Cost - $128,667)						128,667

TOTAL INVESTMENTS – 99.2% (Cost - $37,784,236)					$	36,253,229
OTHER ASSETS LESS LIABILITIES – 0.8%						280,096
NET ASSETS – 100.0%					$	36,533,325

The accompanying notes are an integral part of these financial statements.

141

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

Portfolio of Investments

October 31, 2023

	Rate (%)		Maturity	Face Amount		Value
GOVERNMENT OBLIGATIONS – 98.8%
U.S. Treasury Note	0.63		05/15/30	$	1,151,900	$	878,324
U.S. Treasury Note	0.63		08/15/30		1,496,000		1,130,532
U.S. Treasury Note	0.88		11/15/30		1,544,200		1,180,951
U.S. Treasury Note	1.13		02/15/31		1,358,200		1,052,287
U.S. Treasury Note	1.25		08/15/31		5,377,600		4,119,746
U.S. Treasury Note	1.38		11/15/31		5,270,900		4,046,239
U.S. Treasury Note	1.50		02/15/30		1,906,200		1,558,914
U.S. Treasury Note	1.63		08/15/29		225,000		188,710
U.S. Treasury Note	1.63		05/15/31		1,528,300		1,217,267
U.S. Treasury Note	1.75		11/15/29		426,800		358,445
U.S. Treasury Note	1.88	��	02/15/32		4,878,000		3,877,248
U.S. Treasury Note	2.38		05/15/29		381,600		335,465
U.S. Treasury Note	2.63		07/31/29		1,156,100		1,024,819
U.S. Treasury Note	2.75		08/15/32		4,701,700		3,978,079
U.S. Treasury Note	2.88		05/15/32		4,745,600		4,072,689
U.S. Treasury Note	3.13		08/31/29		1,085,300		987,199
U.S. Treasury Note	3.25		06/30/29		785,800		721,616
U.S. Treasury Note	3.38		05/15/33		4,664,600		4,125,620
U.S. Treasury Note	3.50		01/31/30		533,500		492,925
U.S. Treasury Note	3.50		04/30/30		477,000		439,604
U.S. Treasury Note	3.50		02/15/33		4,651,200		4,164,641
U.S. Treasury Note	3.63		03/31/30		426,800		396,474
U.S. Treasury Note	3.75		05/31/30		533,500		498,572
U.S. Treasury Note	3.75		06/30/30		426,800		398,558
U.S. Treasury Note	3.88		11/30/29		470,100		444,373
U.S. Treasury Note	3.88		12/31/29		640,200		604,689
U.S. Treasury Note	3.88		08/15/33		4,945,300		4,552,380
U.S. Treasury Note	4.00		02/28/30		533,500		506,783
U.S. Treasury Note	4.00		07/31/30		426,800		404,360
U.S. Treasury Note	4.13		08/31/30		426,800		407,161
U.S. Treasury Note	4.13		11/15/32		4,600,900		4,335,270
U.S. Treasury Note	4.63		09/30/30		356,700		350,736
U.S. Treasury Note	4.88		10/31/30		150,000		149,719
TOTAL GOVERNMENT OBLIGATIONS (Cost - $55,167,372)							53,000,395

SHORT-TERM INVESTMENTS – 0.1%
TIME DEPOSITS – 0.1%
Sumitomo Mitsui Trust Bank, London	4.68		11/01/23		49,199		49,199
TOTAL SHORT-TERM INVESTMENTS (Cost - $49,199)							49,199

TOTAL INVESTMENTS – 98.9% (Cost - $55,216,571)						$	53,049,594
OTHER ASSETS LESS LIABILITIES – 1.1%							600,933
NET ASSETS – 100.0%						$	53,650,527

The accompanying notes are an integral part of these financial statements.

142

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
GOVERNMENT OBLIGATIONS – 98.4%
U.S. Treasury Bond	1.88	02/15/41	$	1,700,000	$	1,048,422
U.S. Treasury Bond	2.25	05/15/41		2,213,800		1,452,114
U.S. Treasury Bond	2.38	02/15/42		1,550,000		1,024,090
U.S. Treasury Bond	2.75	08/15/42		582,600		407,957
U.S. Treasury Bond	2.75	11/15/42		873,200		608,852
U.S. Treasury Bond	2.88	05/15/43		1,165,200		824,743
U.S. Treasury Bond	3.00	05/15/42		644,000	��	471,881
U.S. Treasury Bond	3.13	02/15/42		664,000		498,311
U.S. Treasury Bond	3.13	02/15/43		768,400		568,556
U.S. Treasury Bond	3.25	05/15/42		1,603,600		1,221,492
U.S. Treasury Bond	3.38	08/15/42		1,335,800		1,033,888
U.S. Treasury Bond	3.38	05/15/44		855,400		651,106
U.S. Treasury Bond	3.63	08/15/43		874,600		697,835
U.S. Treasury Bond	3.63	02/15/44		907,400		720,674
U.S. Treasury Bond	3.75	08/15/41		428,200		354,536
U.S. Treasury Bond	3.88	08/15/40		630,200		535,670
U.S. Treasury Bond	3.88	02/15/43		1,881,800		1,564,834
U.S. Treasury Bond	3.88	05/15/43		1,415,800		1,175,778
U.S. Treasury Bond	4.00	11/15/42		1,516,800		1,285,844
U.S. Treasury Bond	4.25	05/15/39		403,600		364,627
U.S. Treasury Bond	4.25	11/15/40		526,400		468,743
U.S. Treasury Bond	4.38	02/15/38		233,600		217,832
U.S. Treasury Bond	4.38	05/15/40		574,800		522,215
U.S. Treasury Bond	4.38	08/15/43		941,400		839,390
U.S. Treasury Bond	4.50	02/15/36		170,200		164,137
U.S. Treasury Bond	4.50	05/15/38		258,200		243,031
U.S. Treasury Bond	4.63	02/15/40		1,376,000		1,290,968
U.S. Treasury Bond	4.75	02/15/41		654,600		619,620
U.S. Treasury Bond	5.00	05/15/37		181,800		182,297
U.S. Treasury Note	0.63	05/15/30		1,459,200		1,112,640
U.S. Treasury Note	0.63	08/15/30		1,834,600		1,386,413
U.S. Treasury Note	0.88	11/15/30		1,374,600		1,051,247
U.S. Treasury Note	1.13	02/15/31		1,612,800		1,249,542
U.S. Treasury Note	1.25	08/15/31		1,304,000		998,986
U.S. Treasury Note	1.38	11/15/31		3,036,000		2,330,604
U.S. Treasury Note	1.63	05/15/31		2,560,900		2,039,717
U.S. Treasury Note	1.88	02/15/32		1,335,500		1,061,514
U.S. Treasury Note	2.75	08/15/32		2,851,400		2,412,552
U.S. Treasury Note	2.88	05/15/32		2,720,000		2,334,313
U.S. Treasury Note	3.38	05/15/33		1,246,600		1,102,559
U.S. Treasury Note	3.50	02/15/33		2,097,200		1,877,813
U.S. Treasury Note	3.88	08/15/33		973,200		895,876
U.S. Treasury Note	4.13	11/15/32		1,080,400		1,018,024
TOTAL GOVERNMENT OBLIGATIONS (Cost - $45,039,658)						41,931,243

The accompanying notes are an integral part of these financial statements.

143

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Portfolio of Investments (Continued)

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
SHORT-TERM INVESTMENTS – 0.1%
TIME DEPOSITS – 0.1%
Citibank, New York	4.68	11/01/23	$	32,949	$	32,949
TOTAL SHORT-TERM INVESTMENTS (Cost - $32,949)						32,949

TOTAL INVESTMENTS – 98.5% (Cost - $45,072,607)					$	41,964,192
OTHER ASSETS LESS LIABILITIES – 1.5%						646,256
NET ASSETS – 100.0%					$	42,610,448

The accompanying notes are an integral part of these financial statements.

144

BONDBLOXX ETF TRUST

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Portfolio of Investments

October 31, 2023

	Rate (%)	Maturity	Face Amount		Value
GOVERNMENT OBLIGATIONS – 98.7%
U.S. Treasury Bond	1.25	05/15/50	$	1,890,000	$	831,452
U.S. Treasury Bond	1.38	08/15/50		2,104,200		957,740
U.S. Treasury Bond	1.63	11/15/50		2,078,500		1,017,815
U.S. Treasury Bond	1.88	02/15/51		2,323,900		1,220,229
U.S. Treasury Bond	1.88	11/15/51		2,152,000		1,122,739
U.S. Treasury Bond	2.00	02/15/50		1,596,800		874,248
U.S. Treasury Bond	2.00	08/15/51		2,320,700		1,254,810
U.S. Treasury Bond	2.25	08/15/49		1,356,300		791,846
U.S. Treasury Bond	2.25	02/15/52		1,980,000		1,140,047
U.S. Treasury Bond	2.38	11/15/49		1,284,500		771,703
U.S. Treasury Bond	2.38	05/15/51		2,338,400		1,393,540
U.S. Treasury Bond	2.88	05/15/52		1,856,600		1,239,135
U.S. Treasury Bond	3.00	08/15/52		1,772,600		1,216,308
U.S. Treasury Bond	3.63	02/15/53		1,762,000		1,373,259
U.S. Treasury Strip	ZCP	02/15/44		961,400		331,533
U.S. Treasury Strip	ZCP	11/15/44		736,600		243,927
U.S. Treasury Strip	ZCP	02/15/45		345,000		112,907
U.S. Treasury Strip	ZCP	08/15/45		388,000		123,576
U.S. Treasury Strip	ZCP	02/15/46		714,200		221,793
U.S. Treasury Strip	ZCP	08/15/46		875,000		265,081
U.S. Treasury Strip	ZCP	05/15/47		250,000		73,003
U.S. Treasury Strip	ZCP	08/15/47		1,160,200		335,189
U.S. Treasury Strip	ZCP	11/15/47		925,300		264,614
U.S. Treasury Strip	ZCP	02/15/48		1,126,000		318,095
U.S. Treasury Strip	ZCP	08/15/48		1,276,000		353,641
U.S. Treasury Strip	ZCP	02/15/49		1,721,200		468,926
U.S. Treasury Strip	ZCP	05/15/49		2,066,600		559,839
U.S. Treasury Strip	ZCP	02/15/50		680,000		180,426
U.S. Treasury Strip	ZCP	05/15/50		1,716,400		451,058
U.S. Treasury Strip	ZCP	08/15/50		1,593,000		413,589
U.S. Treasury Strip	ZCP	11/15/50		1,902,100		489,679
U.S. Treasury Strip	ZCP	02/15/51		1,567,000		400,473
U.S. Treasury Strip	ZCP	05/15/51		725,000		183,629
U.S. Treasury Strip	ZCP	08/15/51		900,000		225,984
U.S. Treasury Strip	ZCP	11/15/51		2,026,000		504,561
U.S. Treasury Strip	ZCP	02/15/52		1,784,000		440,669
U.S. Treasury Strip	ZCP	08/15/52		1,751,000		427,730
U.S. Treasury Strip	ZCP	05/15/53		845,000		202,140
TOTAL GOVERNMENT OBLIGATIONS (Cost - $27,731,445)						22,796,933

SHORT-TERM INVESTMENTS – 0.1%
TIME DEPOSITS – 0.1%
ANZ National Bank, London	4.68	11/01/23		25,018		25,018
TOTAL SHORT-TERM INVESTMENTS (Cost - $25,018)						25,018

TOTAL INVESTMENTS – 98.8% (Cost - $27,756,463)					$	22,821,951
OTHER ASSETS LESS LIABILITIES – 1.2%						267,543
NET ASSETS – 100.0%					$	23,089,494

ZCP

Indicates a zero coupon rate.

The accompanying notes are an integral part of these financial statements.

145

BONDBLOXX ETF TRUST

Statements of Assets and Liabilities

October 31, 2023

	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	$	40,346,816		$	28,955,787		$	10,964,495		$	29,035,363		$	20,322,811
Cash		-			711			1,697			625			310
Receivable for investments sold		721,274			-			-			506,952			754,818
Interest income receivable		683,856			553,347			175,906			486,012			355,266
TOTAL ASSETS		41,751,946			29,509,845			11,142,098			30,028,952			21,433,205
LIABILITIES:
Due to custodian		1,004			-			-			-			-
Payable for investments purchased		893,842			106,277			150,372			614,568			912,040
Management fees payable (Note 3)		12,646			8,795			3,281			8,730			6,077
TOTAL LIABILITIES		907,492			115,072			153,653			623,298			918,117
NET ASSETS	$	40,844,454		$	29,394,773		$	10,988,445		$	29,405,654		$	20,515,088

COMPONENTS OF NET ASSETS
Paid-in capital		42,397,945			30,698,703			12,313,806			30,399,382			21,058,788
Total distributable earnings/(accumulated loss)		(1,553,491	)		(1,303,930	)		(1,325,361	)		(993,728	)		(543,700	)
NET ASSETS	$	40,844,454		$	29,394,773		$	10,988,445		$	29,405,654		$	20,515,088

Shares outstanding		1,150,000			900,000			350,000			850,000			552,500
Net asset value, offering and redemption price per share	$	35.52		$	32.66		$	31.40		$	34.59		$	37.13
Investment in securities, at cost	$	42,088,416		$	30,395,006		$	11,781,964		$	29,988,511		$	20,811,420

The accompanying notes are an integral part of these financial statements.

146

BONDBLOXX ETF TRUST

Statements of Assets and Liabilities (Continued)

October 31, 2023

	BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF			BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF			BondBloxx USD High Yield Bond Sector Rotation ETF			BondBloxx B Rated USD High Yield Corporate Bond ETF			BondBloxx BB Rated USD High Yield Corporate Bond ETF
ASSETS:
Investments in securities, at value	$	22,368,727		$	10,646,510		$	28,601,185	^(a)	$	12,927,625		$	48,200,625
Cash		388			303			32			449			1,870
Receivable for investments sold		39,576			35,222			-			131,496			964,477
Interest income receivable		411,793			150,973			-			220,386			749,266
Due from the Adviser		-			-			38,814			-			-
Due from Transfer Agent		-			-			26,757			-			-
TOTAL ASSETS		22,820,484			10,833,008			28,666,788			13,279,956			49,916,238
LIABILITIES:
Payable for investments purchased		98,376			187,238			-			223,418			832,800
Management fees payable (Note 3)		6,732			3,149			-			3,330			8,661
Administration fees payable (Note 3)		-			-			4,317			-			-
Legal fees payable		-			-			14,155			-			-
Trustees’ fees payable (Note 3)		-			-			4,963			-			-
Other accrued expenses payable		-			-			75,571			-			-
TOTAL LIABILITIES		105,108			190,387			99,006			226,748			841,461
NET ASSETS	$	22,715,376		$	10,642,621		$	28,567,782		$	13,053,208		$	49,074,777

COMPONENTS OF NET ASSETS
Paid-in capital		23,397,571			11,186,387			88,587,762			13,819,684			51,928,576
Total distributable earnings/(accumulated loss)		(682,195	)		(543,766	)		(60,019,980	)		(766,476	)		(2,853,799	)
NET ASSETS	$	22,715,376		$	10,642,621		$	28,567,782		$	13,053,208		$	49,074,777

Shares outstanding		650,000			300,000			2,010,000			350,000			1,300,000
Net asset value, offering and redemption price per share	$	34.95		$	35.48		$	14.21		$	37.29		$	37.75
Investment in securities, at cost	$	23,080,938		$	11,178,596		$	29,394,815	^(a)	$	13,543,124		$	50,613,128

^(a)

For the BondBloxx USD High Yield Bond Sector Rotation ETF, $28,470,152 is invested in affiliated investment companies of the BondBloxx ETF Trust.

The accompanying notes are an integral part of these financial statements.

147

BONDBLOXX ETF TRUST

Statements of Assets and Liabilities (Continued)

October 31, 2023

	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
ASSETS:
Investments in securities, at value	$	19,552,094		$	180,951,739		$	1,118,443,951	$	524,097,723		$	104,139,650
Cash		456			-			16,860		2,381			632
Foreign currency, at value		-			2			-		-			-
Receivable for investments sold		-			3,595,233			87,892,974		55,133,940			11,982,700
Interest income receivable		510,268			2,259,462			-		2,849,597			558,407
TOTAL ASSETS		20,062,818			186,806,436			1,206,353,785		582,083,641			116,681,389
LIABILITIES:
Due to custodian		-			21,752			-		-			-
Payable for investments purchased		376,991			3,321,267			109,440,989		54,842,696			11,647,273
Management fees payable (Note 3)		5,418			44,649			27,795		14,372			4,586
TOTAL LIABILITIES		382,409			3,387,668			109,468,784		54,857,068			11,651,859
NET ASSETS	$	19,680,409		$	183,418,768		$	1,096,885,001	$	527,226,573		$	105,029,530

COMPONENTS OF NET ASSETS
Paid-in capital		20,949,221			188,877,985			1,093,229,065		527,382,821			106,587,874
Total distributable earnings/(accumulated loss)		(1,268,812	)		(5,459,217	)		3,655,936		(156,248	)		(1,558,344	)
NET ASSETS	$	19,680,409		$	183,418,768		$	1,096,885,001	$	527,226,573		$	105,029,530

Shares outstanding		550,000			4,750,000			21,810,000		10,600,000			2,150,000
Net asset value, offering and redemption price per share	$	35.78		$	38.61		$	50.29	$	49.74		$	48.85
Investment in securities, at cost	$	20,671,452		$	186,402,427		$	1,118,870,259	$	525,377,550		$	105,369,738
Foreign currency, at cost	$	-		$	709		$	-	$	-		$	-

The accompanying notes are an integral part of these financial statements.

148

BONDBLOXX ETF TRUST

Statements of Assets and Liabilities (Continued)

October 31, 2023

	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			BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
ASSETS:
Investments in securities, at value	$	28,766,077		$	36,253,229		$	53,049,594		$	41,964,192		$	22,821,951
Cash		335			204			173			194			151
Receivable for investments sold		2,450,396			2,573,073			2,286,577			3,280,926			3,934,905
Receivable for shares created		-			-			23,488,868			-			-
Interest income receivable		138,836			221,929			504,172			475,691			182,258
TOTAL ASSETS		31,355,644			39,048,435			79,329,384			45,721,003			26,939,265
LIABILITIES:
Payable for investments purchased		2,433,612			2,513,573			25,677,609			3,107,905			3,847,251
Management fees payable (Note 3)		1,201			1,537			1,248			2,650			2,520
TOTAL LIABILITIES		2,434,813			2,515,110			25,678,857			3,110,555			3,849,771
NET ASSETS	$	28,920,831		$	36,533,325		$	53,650,527		$	42,610,448		$	23,089,494

COMPONENTS OF NET ASSETS
Paid-in capital		29,799,321			38,707,832			56,319,552			46,977,481			30,423,290
Total distributable earnings/(accumulated loss)		(878,490	)		(2,174,507	)		(2,669,025	)		(4,367,033	)		(7,333,796	)
NET ASSETS	$	28,920,831		$	36,533,325		$	53,650,527		$	42,610,448		$	23,089,494

Shares outstanding		600,000			780,000			1,190,000			990,000			630,000
Net asset value, offering and redemption price per share	$	48.20		$	46.84		$	45.08		$	43.04		$	36.65
Investment in securities, at cost	$	29,342,699		$	37,784,236		$	55,216,571		$	45,072,607		$	27,756,463

The accompanying notes are an integral part of these financial statements.

149

BONDBLOXX ETF TRUST

Statements of Operations
For the Year Ended October 31, 2023

	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	$	1,358,158		$	1,025,683		$	495,310		$	913,333		$	725,428
Total income		1,358,158			1,025,683			495,310			913,333			725,428
EXPENSES:
Management fees (Note 3)		62,689			40,096			20,209			39,649			35,251
Total Expenses		62,689			40,096			20,209			39,649			35,251
NET INVESTMENT INCOME/(LOSS)		1,295,469			985,587			475,101			873,684			690,177

NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS:
Net realized gain/(loss) on:
Investments in securities		(262,560	)		(285,345	)		(630,266	)		(342,114	)		(286,942	)
Net realized gain/(loss)		(262,560	)		(285,345	)		(630,266	)		(342,114	)		(286,942	)
Change in unrealized appreciation/(depreciation) on:
Investments in securities		(1,326,269	)		(950,315	)		6,287			(504,288	)		(86,272	)
Change in unrealized appreciation/(depreciation)		(1,326,269	)		(950,315	)		6,287			(504,288	)		(86,272	)
Net Realized and Unrealized Gain/(Loss) on Investments		(1,588,829	)		(1,235,660	)		(623,979	)		(846,402	)		(373,214	)
Net Increase/(Decrease) in Net Assets Resulting from Operations	$	(293,360	)	$	(250,073	)	$	(148,878	)	$	27,282		$	316,963

The accompanying notes are an integral part of these financial statements.

150

BONDBLOXX ETF TRUST

Statements of Operations (Continued)

For the Period Ended October 31, 2023

	BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF			BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF			BondBloxx USD High Yield Bond Sector Rotation ETF⁽¹⁾⁽²⁾			BondBloxx USD High Yield Bond Sector Rotation ETF⁽²⁾⁽³⁾			BondBloxx B Rated USD High Yield Corporate Bond ETF
INVESTMENT INCOME:
Interest income	$	970,795		$	395,761		$	453,520		$	2,258,474		$	996,731
Affiliated dividend income		-			-			172,258			-			-
Total income		970,795			395,761			625,778			2,258,474			996,731
EXPENSES:
Management fees (Note 3)		43,109			20,692			45,348			131,659			35,401
Trustees’ fees (Note 3)		-			-			4,569			9,655			-
Administration fees (Note 3)		-			-			1,905			41,854			-
Audit fess		-			-			7,076			57,750			-
Legal fees		-			-			3,680			35,000			-
Pricing fees		-			-			23,726			20,965			-
Custodian fees		-			-			2,282			17,732			-
Registration fees		-			-			(38,308	)		13,785			-
Shareholder reporting fees		-			-			4,773			6,903			-
Insurance expense		-			-			1,935			6,896			-
Professional fees		-			-			19,695			6,000			-
Other expenses		-			-			14,417			35,910			-
Total Expenses		43,109			20,692			91,098			384,109			35,401
Fee waiver and expense reimbursement		-			-			(49,340	)		(227,045	)		-
Net Expenses		43,109			20,692			41,758			157,064			35,401
NET INVESTMENT INCOME/(LOSS)		927,686			375,069			584,020			2,101,410			961,330

NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS:
Net realized gain/(loss) on:
Unaffiliated investments in securities		(578,968	)		(360,001	)		(471,042	)		(2,145,701	)		(201,007	)
Affiliated investments in securities		-			-			(44,503	)		-			-
Net realized gain/(loss)		(578,968	)		(360,001	)		(515,545	)		(2,145,701	)		(201,007	)
Change in unrealized appreciation/(depreciation) on:
Unaffiliated investments in securities		110,662			64,831			364,570			2,220,850			(194,628	)
Affiliated investments in securities		-			-			(793,631	)		-			-
Change in unrealized appreciation/(depreciation)		110,662			64,831			(429,061	)		2,220,850			(194,628	)
Net Realized and Unrealized Gain/(Loss) on Investments		(468,306	)		(295,170	)		(944,606	)		75,149			(395,635	)
Net Increase/(Decrease) in Net Assets Resulting from Operations	$	459,380		$	79,899		$	(360,586	)	$	2,176,559		$	565,695

⁽¹⁾

Fiscal year end changed from June 30, 2023 to October 31, 2023. Disclosed amounts are for the period from July 1, 2023 to October 31, 2023.

⁽²⁾

The Fund acquired the assets and liabilities of the Predecessor ETF, a series of the NexPoint Funds I at the close of business on September 15, 2023. As a result of the reorganization, the Fund is the accounting successor of the Predecessor ETF. Financial information above for the periods prior to September 16, 2023, reflect the performance of the Predecessor ETF.

⁽³⁾

For the fiscal year July 1, 2022 to June 30, 2023.

The accompanying notes are an integral part of these financial statements.

151

BONDBLOXX ETF TRUST

Statements of Operations (Continued)

For the Year Ended October 31, 2023

	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
INVESTMENT INCOME:
Interest income	$	3,093,621		$	1,269,591		$	12,020,443		$	24,068,889		$	14,554,709
Total income		3,093,621			1,269,591			12,020,443			24,068,889			14,554,709
EXPENSES:
Management fees (Note 3)		93,764			40,283			523,093			143,107			86,782
Total Expenses		93,764			40,283			523,093			143,107			86,782
NET INVESTMENT INCOME/(LOSS)		2,999,857			1,229,308			11,497,350			23,925,782			14,467,927

NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS:
Net realized gain/(loss) on:
Investments in securities		(839,618	)		(375,809	)		(782,115	)		(879,120	)		(4,456,879	)
Foreign currency transactions		-			-			11			-			-
Net realized gain/(loss)		(839,618	)		(375,809	)		(782,104	)		(879,120	)		(4,456,879	)
Change in unrealized appreciation/(depreciation) on:
Investments in securities		(515,770	)		(458,130	)		3,614,441			(360,110	)		(1,080,182	)
Foreign currency transactions		-			-			38			-			-
Change in unrealized appreciation/(depreciation)		(515,770	)		(458,130	)		3,614,479			(360,110	)		(1,080,182	)
Net Realized and Unrealized Gain/(Loss) on Investments		(1,355,388	)		(833,939	)		2,832,375			(1,239,230	)		(5,537,061	)
Net Increase/(Decrease) in Net Assets Resulting from Operations	$	1,644,469		$	395,369		$	14,329,725		$	22,686,552		$	8,930,866

The accompanying notes are an integral part of these financial statements.

152

BONDBLOXX ETF TRUST

Statements of Operations (Continued)

For the Year Ended October 31, 2023

	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
INVESTMENT INCOME:
Interest income	$	3,492,089		$	999,368		$	1,240,867		$	950,555		$	986,017
Total income		3,492,089			999,368			1,240,867			950,555			986,017
EXPENSES:
Management fees (Note 3)		40,999			12,194			16,430			12,857			19,007
Total Expenses		40,999			12,194			16,430			12,857			19,007
NET INVESTMENT INCOME/(LOSS)		3,451,090			987,174			1,224,437			937,698			967,010

NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS:
Net realized gain/(loss) on:
Investments in securities		(847,127	)		(326,389	)		(742,194	)		(495,159	)		(1,342,079	)
Net realized gain/(loss)		(847,127	)		(326,389	)		(742,194	)		(495,159	)		(1,342,079	)
Change in unrealized appreciation/(depreciation) on:
Investments in securities		(828,781	)		(288,445	)		(947,289	)		(1,400,117	)		(1,910,985	)
Change in unrealized appreciation/(depreciation)		(828,781	)		(288,445	)		(947,289	)		(1,400,117	)		(1,910,985	)
Net Realized and Unrealized Gain/(Loss) on Investments		(1,675,908	)		(614,834	)		(1,689,483	)		(1,895,276	)		(3,253,064	)
Net Increase/(Decrease) in Net Assets Resulting from Operations	$	1,775,182		$	372,340		$	(465,046	)	$	(957,578	)	$	(2,286,054	)

The accompanying notes are an integral part of these financial statements.

153

BONDBLOXX ETF TRUST

Statements of Operations (Continued)

For the Year Ended October 31, 2023

	BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
INVESTMENT INCOME:
Interest income	$	980,751
Total income		980,751
EXPENSES:
Management fees (Note 3)		31,125
Total Expenses		31,125
NET INVESTMENT INCOME/(LOSS)		949,626

NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS:
Net realized gain/(loss) on:
Investments in securities		(2,604,799	)
Net realized gain/(loss)		(2,604,799	)
Change in unrealized appreciation/(depreciation) on:
Investments in securities		(2,773,615	)
Change in unrealized appreciation/(depreciation)		(2,773,615	)
Net Realized and Unrealized Gain/(Loss) on Investments		(5,378,414	)
Net Increase/(Decrease) in Net Assets Resulting from Operations	$	(4,428,788	)

The accompanying notes are an integral part of these financial statements.

154

BONDBLOXX ETF TRUST

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 Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾
OPERATIONS:
Net investment income/(loss)	$	1,295,469		$	211,122		$	985,587		$	154,093
Net realized gain/(loss) on investments		(262,560	)		(157,974	)		(285,345	)		(16,556	)
Net change in unrealized appreciation/(depreciation) on investments		(1,326,269	)		(415,331	)		(950,315	)		(488,904	)
Net increase/(decrease) in net assets resulting from operations		(293,360	)		(362,183	)		(250,073	)		(351,367	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(1,039,987	)		(192,726	)		(773,573	)		(135,149	)

CAPITAL TRANSACTIONS:
Proceeds from shares sold		42,210,745			11,592,075			28,696,710			7,628,270
Cost of shares redeemed		(3,607,670	)		(7,462,440	)		(1,757,155	)		(3,662,890	)
Net increase/(decrease) in net assets from capital transactions		38,603,075			4,129,635			26,939,555			3,965,380
Increase/(decrease) in net assets		37,269,728			3,574,726			25,915,909			3,478,864

NET ASSETS:
Beginning of year		3,574,726			-			3,478,864			-
End of year	$	40,844,454		$	3,574,726		$	29,394,773		$	3,478,864

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		100,000			-			100,000			-
Shares sold		1,150,000			300,000			850,000			200,000
Shares redeemed		(100,000	)		(200,000	)		(50,000	)		(100,000	)
Shares outstanding, end of year		1,150,000			100,000			900,000			100,000

⁽¹⁾

Funds commenced operations on February 15, 2022.

The accompanying notes are an integral part of these financial statements.

155

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 Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾
OPERATIONS:
Net investment income/(loss)	$	475,101		$	290,762		$	873,684		$	198,526
Net realized gain/(loss) on investments		(630,266	)		(494,318	)		(342,114	)		(218,621	)
Net change in unrealized appreciation/(depreciation) on investments		6,287			(823,756	)		(504,288	)		(448,860	)
Net increase/(decrease) in net assets resulting from operations		(148,878	)		(1,027,312	)		27,282			(468,955	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(462,631	)		(226,994	)		(689,760	)		(180,578	)

CAPITAL TRANSACTIONS:
Proceeds from shares sold		9,936,130			14,908,080			28,367,350			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		3,440,890			9,413,370			26,569,310			4,148,355
Increase/(decrease) in net assets		2,829,381			8,159,064			25,906,832			3,498,822

NET ASSETS:
Beginning of year		8,159,064			-			3,498,822			-
End of year	$	10,988,445		$	8,159,064		$	29,405,654		$	3,498,822

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		250,000			-			100,000			-
Shares sold		300,000			400,000			800,000			200,000
Shares redeemed		(200,000	)		(150,000	)		(50,000	)		(100,000	)
Shares outstanding, end of year		350,000			250,000			850,000			100,000

⁽¹⁾

Funds commenced operations on February 15, 2022.

The accompanying notes are an integral part of these financial statements.

156

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 Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾
OPERATIONS:
Net investment income/(loss)	$	690,177		$	288,196		$	927,686		$	274,094
Net realized gain/(loss) on investments		(286,942	)		(14,475	)		(578,968	)		(32,565	)
Net change in unrealized appreciation/(depreciation) on investments		(86,272	)		(402,337	)		110,662			(822,873	)
Net increase/(decrease) in net assets resulting from operations		316,963			(128,616	)		459,380			(581,344	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(606,084	)		(247,535	)		(826,902	)		(234,348	)

CAPITAL TRANSACTIONS:
Proceeds from shares sold		20,703,110			11,658,325			21,363,810			11,458,995
Cost of shares redeemed		(7,414,975	)		(3,866,100	)		(5,206,265	)		(3,717,950	)
Net increase/(decrease) in net assets from capital transactions		13,288,135			7,792,225			16,157,545			7,741,045
Increase/(decrease) in net assets		12,999,014			7,416,074			15,790,023			6,925,353

NET ASSETS:
Beginning of year		7,516,074			100,000	⁽²⁾		6,925,353			-
End of year	$	20,515,088		$	7,516,074		$	22,715,376		$	6,925,353

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		202,500			2,500			200,000			-
Shares sold		550,000			300,000			600,000			300,000
Shares redeemed		(200,000	)		(100,000	)		(150,000	)		(100,000	)
Shares outstanding, end of year		552,500			202,500			650,000			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.

157

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF						BondBloxx USD High Yield Bond Sector Rotation ETF⁽³⁾
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Period Ended October 31, 2023⁽⁴⁾			For the Year Ended June 30, 2023			For the Year Ended June 30, 2022
OPERATIONS:
Net investment income/(loss)	$	375,069		$	212,769		$	584,020		$	2,101,410		$	1,106,815
Net realized gain/(loss) on investments		(360,001	)		(41,479	)		(515,545	)		(2,145,701	)		(476,200	)
Net change in unrealized appreciation/(depreciation) on investments		64,831			(596,917	)		(429,061	)		2,220,850			(2,858,784	)
Net increase/(decrease) in net assets resulting from operations		79,899			(425,627	)		(360,586	)		2,176,559			(2,228,169	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(339,571	)		(187,215	)		(533,623	)		(2,101,410	)		(1,282,174	)
Return of capital		-			-			-			(60,985	)		(10,748	)
Total distributions		(339,571	)		(187,215	)		(533,623	)		(2,162,395	)		(1,292,922	)

CAPITAL TRANSACTIONS:
Proceeds from shares sold		9,148,635			9,715,390			4,410,006			26,591,706			35,681,184
Cost of shares redeemed		(3,594,970	)		(3,753,920	)		(1,268,145	)		(34,058,196	)		(41,987,938	)
Net increase/(decrease) in net assets from capital transactions		5,553,665			5,961,470			3,141,861			(7,466,490	)		(6,306,754	)
Increase/(decrease) in net assets		5,293,993			5,348,628			2,247,652			(7,452,326	)		(9,827,845	)

NET ASSETS:
Beginning of period		5,348,628			-			26,320,130			33,772,456			43,600,301
End of period	$	10,642,621		$	5,348,628		$	28,567,782		$	26,320,130		$	33,772,456

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of period		150,000			-			1,800,000			2,300,000			2,700,000
Shares sold		250,000			250,000			300,000			1,800,000			2,300,000
Shares redeemed		(100,000	)		(100,000	)		(90,000	)		(2,300,000	)		(2,700,000	)
Shares outstanding, end of period		300,000			150,000			2,010,000			1,800,000			2,300,000

⁽¹⁾

Funds commenced operations on February 15, 2022.

⁽³⁾

⁽⁴⁾

Fiscal year end changed from June 30, 2023 to October 31, 2023.

The accompanying notes are an integral part of these financial statements.

158

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx B Rated USD High Yield Corporate Bond ETF						BondBloxx BB Rated USD High Yield Corporate Bond ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁵⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁵⁾
OPERATIONS:
Net investment income/(loss)	$	961,330		$	437,741		$	2,999,857		$	1,116,612
Net realized gain/(loss) on investments		(201,007	)		(135,771	)		(839,618	)		(165,061	)
Net change in unrealized appreciation/(depreciation) on investments		(194,628	)		(420,871	)		(515,770	)		(1,896,733	)
Net increase/(decrease) in net assets resulting from operations		565,695			(118,901	)		1,644,469			(945,182	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(948,646	)		(357,380	)		(2,930,252	)		(891,418	)

CAPITAL TRANSACTIONS:
Proceeds from shares sold		1,919,410			13,978,525			17,507,495			44,217,930
Cost of shares redeemed		-			(1,985,495	)		(9,528,265	)		-
Net increase/(decrease) in net assets from capital transactions		1,919,410			11,993,030			7,979,230			44,217,930
Increase/(decrease) in net assets		1,536,459			11,516,749			6,693,447			42,381,330

NET ASSETS:
Beginning of year		11,516,749			-			42,381,330			-
End of year	$	13,053,208		$	11,516,749		$	49,074,777		$	42,381,330

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		300,000			-			1,100,000			-
Shares sold		50,000			350,000			450,000			1,100,000
Shares redeemed		-			(50,000	)		(250,000	)		-
Shares outstanding, end of year		350,000			300,000			1,300,000			1,100,000

⁽⁵⁾

Funds commenced operations on May 24, 2022.

The accompanying notes are an integral part of these financial statements.

159

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx CCC Rated USD High Yield Corporate Bond ETF						BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁵⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁶⁾
OPERATIONS:
Net investment income/(loss)	$	1,229,308		$	473,536		$	11,497,350		$	3,611,435
Net realized gain/(loss) on investments		(375,809	)		24,514			(782,104	)		(279,512	)
Net change in unrealized appreciation/(depreciation) on investments		(458,130	)		(661,228	)		3,614,479			(9,065,137	)
Net increase/(decrease) in net assets resulting from operations		395,369			(163,178	)		14,329,725			(5,733,214	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(1,187,914	)		(351,099	)		(11,393,515	)		(2,662,213	)

CAPITAL TRANSACTIONS:
Proceeds from shares sold		12,914,935			13,761,276			11,771,310			177,106,675
Cost of shares redeemed		(3,690,915	)		(1,998,065	)		-			-
Net increase/(decrease) in net assets from capital transactions		9,224,020			11,763,211			11,771,310			177,106,675
Increase/(decrease) in net assets		8,431,475			11,248,934			14,707,520			168,711,248

NET ASSETS:
Beginning of year		11,248,934			-			168,711,248			-
End of year	$	19,680,409		$	11,248,934		$	183,418,768		$	168,711,248

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		300,000			-			4,450,000			-
Shares sold		350,000			350,000			300,000			4,450,000
Shares redeemed		(100,000	)		(50,000	)		-			-
Shares outstanding, end of year		550,000			300,000			4,750,000			4,450,000

⁽⁵⁾

Funds commenced operations on May 24, 2022.

⁽⁶⁾

Fund commenced operations on June 28, 2022.

The accompanying notes are an integral part of these financial statements.

160

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx Bloomberg Six Month Target Duration US Treasury ETF						BondBloxx Bloomberg One Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾
OPERATIONS:
Net investment income/(loss)	$	23,925,782		$	124,097		$	14,467,927		$	175,542
Net realized gain/(loss) on investments		(879,120	)		(9,692	)		(4,456,879	)		(22,869	)
Net change in unrealized appreciation/(depreciation) on investments		(360,110	)		(66,198	)		(1,080,182	)		(199,645	)
Net increase/(decrease) in net assets resulting from operations		22,686,552			48,207			8,930,866			(46,972	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(19,195,046	)		-			(11,946,611	)		-

CAPITAL TRANSACTIONS:
Proceeds from shares sold		1,561,833,583			50,046,404			1,328,686,554			39,471,361
Cost of shares redeemed		(518,534,699	)		-			(837,868,625	)		-
Net increase/(decrease) in net assets from capital transactions		1,043,298,884			50,046,404			490,817,929			39,471,361
Increase/(decrease) in net assets		1,046,790,390			50,094,611			487,802,184			39,424,389

NET ASSETS:
Beginning of year		50,094,611			-			39,424,389			-
End of year	$	1,096,885,001		$	50,094,611		$	527,226,573		$	39,424,389

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		1,000,000			-			790,000			-
Shares sold		31,150,000			1,000,000			26,690,000			790,000
Shares redeemed		(10,340,000	)		-			(16,880,000	)		-
Shares outstanding, end of year		21,810,000			1,000,000			10,600,000			790,000

⁽⁷⁾

Funds commenced operations on September 13, 2022.

The accompanying notes are an integral part of these financial statements.

161

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx Bloomberg Two Year Target Duration US Treasury ETF						BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾
OPERATIONS:
Net investment income/(loss)	$	3,451,090		$	166,264		$	987,174		$	99,501
Net realized gain/(loss) on investments		(847,127	)		(31,288	)		(326,389	)		(73,209	)
Net change in unrealized appreciation/(depreciation) on investments		(828,781	)		(401,307	)		(288,445	)		(288,177	)
Net increase/(decrease) in net assets resulting from operations		1,775,182			(266,331	)		372,340			(261,885	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(3,191,299	)		-			(987,439	)		-

CAPITAL TRANSACTIONS:
Proceeds from shares sold		144,785,822			36,889,007			14,840,962			20,407,929
Cost of shares redeemed		(74,962,851	)		-			(5,451,076	)		-
Net increase/(decrease) in net assets from capital transactions		69,822,971			36,889,007			9,389,886			20,407,929
Increase/(decrease) in net assets		68,406,854			36,622,676			8,774,787			20,146,044

NET ASSETS:
Beginning of year		36,622,676			-			20,146,044			-
End of year	$	105,029,530		$	36,622,676		$	28,920,831		$	20,146,044

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		740,000			-			410,000			-
Shares sold		2,930,000			740,000			300,000			410,000
Shares redeemed		(1,520,000	)		-			(110,000	)		-
Shares outstanding, end of year		2,150,000			740,000			600,000			410,000

⁽⁷⁾

Funds commenced operations on September 13, 2022.

The accompanying notes are an integral part of these financial statements.

162

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx Bloomberg Five Year Target Duration US Treasury ETF						BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾
OPERATIONS:
Net investment income/(loss)	$	1,224,437		$	87,675		$	937,698		$	86,877
Net realized gain/(loss) on investments		(742,194	)		(35,055	)		(495,159	)		(96,098	)
Net change in unrealized appreciation/(depreciation) on investments		(947,289	)		(583,718	)		(1,400,117	)		(766,860	)
Net increase/(decrease) in net assets resulting from operations		(465,046	)		(531,098	)		(957,578	)		(776,081	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(1,188,187	)		-			(923,627	)		-

CAPITAL TRANSACTIONS:
Proceeds from shares sold		21,336,190			20,857,369			35,499,443			21,308,037
Cost of shares redeemed		(3,475,903	)		-			(499,667	)		-
Net increase/(decrease) in net assets from capital transactions		17,860,287			20,857,369			34,999,776			21,308,037
Increase/(decrease) in net assets		16,207,054			20,326,271			33,118,571			20,531,956

NET ASSETS:
Beginning of year		20,326,271			-			20,531,956			-
End of year	$	36,533,325		$	20,326,271		$	53,650,527		$	20,531,956

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		420,000			-			430,000			-
Shares sold		430,000			420,000			770,000			430,000
Shares redeemed		(70,000	)		-			(10,000	)		-
Shares outstanding, end of year		780,000			420,000			1,190,000			430,000

⁽⁷⁾

Funds commenced operations on September 13, 2022.

The accompanying notes are an integral part of these financial statements.

163

BONDBLOXX ETF TRUST

Statements of Changes in Net Assets (Continued)

	BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF						BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽⁷⁾
OPERATIONS:
Net investment income/(loss)	$	967,010		$	85,267		$	949,626		$	93,182
Net realized gain/(loss) on investments		(1,342,079	)		(71,927	)		(2,604,799	)		(616,657	)
Net change in unrealized appreciation/(depreciation) on investments		(1,910,985	)		(1,197,430	)		(2,773,615	)		(2,160,897	)
Net increase/(decrease) in net assets resulting from operations		(2,286,054	)		(1,184,090	)		(4,428,788	)		(2,684,372	)

DISTRIBUTIONS TO SHAREHOLDERS:
Distributions from distributable earnings		(896,889	)		-			(948,088	)		-

CAPITAL TRANSACTIONS:
Proceeds from shares sold		25,726,389			21,251,092			22,835,539			24,072,128
Cost of shares redeemed		-			-			(15,756,925	)		-
Net increase/(decrease) in net assets from capital transactions		25,726,389			21,251,092			7,078,614			24,072,128
Increase/(decrease) in net assets		22,543,446			20,067,002			1,701,738			21,387,756

NET ASSETS:
Beginning of year		20,067,002			-			21,387,756			-
End of year	$	42,610,448		$	20,067,002		$	23,089,494		$	21,387,756

CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of year		430,000			-			490,000			-
Shares sold		560,000			430,000			490,000			490,000
Shares redeemed		-			-			(350,000	)		-
Shares outstanding, end of year		990,000			430,000			630,000			490,000

⁽⁷⁾

Funds commenced operations on September 13, 2022.

The accompanying notes are an integral part of these financial statements.

164

BONDBLOXX ETF TRUST

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 Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Year Ended October 31, 2023			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⁾		2.65			1.55			2.92			1.54
Net realized and unrealized gain/(loss) on investments		(0.59	)⁽¹⁵⁾		(4.25	)		(2.60	)⁽¹⁵⁾		(5.05	)
Total income/(loss) from operations		2.06			(2.70	)		0.32			(3.51	)

Distributions to shareholders:
Net investment income		(2.29	)		(1.44	)		(2.45	)		(1.35	)
Total distributions		(2.29	)		(1.44	)		(2.45	)		(1.35	)
Net Asset Value, end of year	$	35.52		$	35.75		$	32.66		$	34.79
Market Value, end of year	$	35.60		$	35.71		$	32.77		$	34.73
Total Return at Net Asset Value⁽³⁾		5.77	%		(6.81	)%		0.89	%		(8.96	)%
Total Return at Market Value⁽⁴⁾		6.12	%		(6.88	)%		1.39	%		(9.03	)%
Net Assets, end of period (millions)	$	40.8		$	3.6		$	29.4		$	3.5
Ratios to average net assets:
Expenses⁽⁵⁾		0.35	%		0.35	%		0.35	%		0.35	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		7.23	%		5.87	%		8.60	%		5.93	%
Portfolio turnover rate⁽⁷⁾		21	%		9	%		14	%		13	%

⁽¹⁾	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 (“GAAP”) 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.
⁽¹⁵⁾	Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented on the Statements of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments.

The accompanying notes are an integral part of these financial statements.

165

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 Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Year Ended October 31, 2023			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⁾		2.70			1.62			2.74			1.46
Net realized and unrealized gain/(loss) on investments		(0.94	)⁽¹⁵⁾		(7.58	)		(0.70	)⁽¹⁵⁾		(4.86	)
Total income/(loss) from operations		1.76			(5.96	)		2.04			(3.40	)

Distributions to shareholders:
Net investment income		(3.00	)		(1.24	)		(2.44	)		(1.35	)
Total distributions		(3.00	)		(1.24	)		(2.44	)		(1.35	)
Net Asset Value, end of year	$	31.40		$	32.64		$	34.59		$	34.99
Market Value, end of year	$	31.49		$	32.52		$	34.68		$	34.99
Total Return at Net Asset Value⁽³⁾		5.36	%		(15.19	)%		5.91	%		(8.65	)%
Total Return at Market Value⁽⁴⁾		6.03	%		(15.47	)%		6.17	%		(8.72	)%
Net Assets, end of period (millions)	$	11.0		$	8.2		$	29.4		$	3.5
Ratios to average net assets:
Expenses⁽⁵⁾		0.35	%		0.35	%		0.35	%		0.35	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		8.23	%		6.39	%		7.71	%		5.57	%
Portfolio turnover rate⁽⁷⁾		18	%		37	%		32	%		21	%

⁽¹⁾	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.
⁽¹⁵⁾	Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented on the Statements of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments.

The accompanying notes are an integral part of these financial statements.

166

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 Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾
Net Asset Value, beginning of period	$	37.12		$	39.62		$	34.63		$	39.87
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		2.58			1.62			2.70			1.57
Net realized and unrealized gain/(loss) on investments		(0.14	)⁽¹⁵⁾		(2.74	)		0.02	⁽¹⁵⁾		(5.49	)
Total income/(loss) from operations		2.44			(1.12	)		2.72			(3.92	)

Distributions to shareholders:
Net investment income		(2.43	)		(1.38	)		(2.40	)		(1.32	)
Total distributions		(2.43	)		(1.38	)		(2.40	)		(1.32	)
Net Asset Value, end of year	$	37.13		$	37.12		$	34.95		$	34.63
Market Value, end of year	$	37.23		$	36.97		$	35.03		$	34.45
Total Return at Net Asset Value⁽³⁾		6.73	%		(2.84	)%		7.98	%		(9.96	)%
Total Return at Market Value⁽⁴⁾		7.43	%		(3.19	)%		8.77	%		(10.54	)%
Net Assets, end of period (millions)	$	20.5		$	7.5		$	22.7		$	6.9
Ratios to average net assets:
Expenses⁽⁵⁾		0.35	%		0.35	%		0.35	%		0.35	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		6.85	%		6.03	%		7.53	%		6.05	%
Portfolio turnover rate⁽⁷⁾		37	%		21	%		24	%		12	%

	⁽¹⁾	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.
	⁽¹⁵⁾	Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented on the Statements of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments.

The accompanying notes are an integral part of these financial statements.

167

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁾
Net Asset Value, beginning of period	$	35.66		$	39.80
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		2.31			1.44
Net realized and unrealized gain/(loss) on investments		(0.40	)⁽¹⁵⁾		(4.33	)
Total income/(loss) from operations		1.91			(2.89	)

Distributions to shareholders:
Net investment income		(2.09	)		(1.25	)
Total distributions		(2.09	)		(1.25	)
Net Asset Value, end of year	$	35.48		$	35.66
Market Value, end of year	$	35.62		$	35.62
Total Return at Net Asset Value⁽³⁾		5.40	%		(7.32	)%
Total Return at Market Value⁽⁴⁾		5.92	%		(7.55	)%
Net Assets, end of period (millions)	$	10.6		$	5.3
Ratios to average net assets:
Expenses⁽⁵⁾		0.35	%		0.35	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		6.34	%		5.47	%
Portfolio turnover rate⁽⁷⁾		15	%		25	%

	⁽¹⁾	Funds 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.
	⁽¹⁵⁾	Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented on the Statements of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments.

The accompanying notes are an integral part of these financial statements.

168

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx USD High Yield Bond Sector Rotation ETF⁽⁹⁾
	For the Period Ended October 31, 2023⁽¹⁰⁾			For the Year Ended June 30, 2023			For the Year Ended June 30, 2022			For the Year Ended June 30, 2021			For the Year Ended June 30, 2020			For the Year Ended June 30, 2019
Net Asset Value, beginning of period	$	14.62		$	14.68		$	16.15		$	15.72		$	17.55		$	18.10
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		0.28			1.06			0.43			0.43			0.71			0.89
Net realized and unrealized gain/(loss) on investments		(0.44	)		0.00	⁽¹¹⁾		(1.38	)		0.36			(1.85	)		(0.55	)
Total income/(loss) from operations		(0.16	)		1.06			(0.95	)		0.79			(1.14	)		0.34

Distributions to shareholders:
Net investment income		(0.25	)		(1.09	)		(0.52	)		(0.36	)		(0.67	)		(0.89	)
Return of capital		-			(0.03	)		(0.00	)⁽¹¹⁾		-			(0.02	)		-
Total distributions		(0.25	)		(1.12	)		(0.52	)		(0.36	)		(0.69	)		(0.89	)
Net Asset Value, end of year	$	14.21		$	14.62		$	14.68		$	16.15		$	15.72		$	17.55
Market Value, end of year	$	14.16		$	14.66		$	14.72		$	16.14		$	15.75		$	17.54
Total Return at Net Asset Value⁽³⁾		(1.14	)%		7.44	%		(6.07	)%		5.08	%		(6.69	)%		1.94	%
Total Return at Market Value⁽⁴⁾		(1.70	)%		7.44	%		(5.76	)%		4.82	%		(6.45	)%		1.94	%
Net Assets, end of period (millions)	$	28.6		$	26.3		$	33.8		$	43.6		$	77.0		$	263.3
Ratios to average net assets:
Gross operating expenses		0.90	%^(5)(16)		1.31	%		0.76	%		1.36	%		1.12	%		0.82	%
Excluded from Expense Cap - Expedited settlement facility fees		-	%		-	%		0.01	%		0.11	%		0.19	%		0.06	%
Total operating expenses (net of waiver/reimbursement, if applicable, but gross of all other operating expenses)		0.41	%^(5)(16)		0.55	%		0.56	%		0.66	%		0.75	%		0.61	%
Net investment income/(loss)⁽⁶⁾		5.80	%⁽⁵⁾		7.18	%		2.73	%		2.68	%		4.13	%		4.98	%
Portfolio turnover rate⁽⁷⁾		107	%⁽¹⁷⁾		123	%		157	%		215	%		344	%		186	%

⁽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 acquired the assets and liabilities of the Predecessor ETF, a series of the NexPoint Funds I, at the close of business on September 15, 2023. As a result of the reorganization, the Fund is the accounting successor of the Predecessor ETF. Financial information above for the periods prior to September 16, 2023, reflect the performance of the Predecessor ETF. Prior to September 16, 2023, the Predecessor Fund had a different investment adviser, had a different investment objective and policies, and was a passively-managed fund that sought to track the performance of the Markit iBoxx USD Liquid Leveraged Loan Index.
⁽¹⁰⁾	Fiscal year end changed from June 30, 2023 to October 31, 2023.
⁽¹¹⁾	Amount represents less than $0.005 per share.
⁽¹⁶⁾	Does not include expenses of the investment companies in which the fund invests.
⁽¹⁷⁾	Portfolio turnover rate related to the change in investment strategy and re-balancing is 107%.

The accompanying notes are an integral part of these financial statements.

169

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx B Rated USD High Yield Corporate Bond ETF						BondBloxx BB Rated USD High Yield Corporate Bond ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹²⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹²⁾
Net Asset Value, beginning of period	$	38.39		$	40.08		$	38.53		$	40.17
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		3.13			1.35			2.48			1.04
Net realized and unrealized gain/(loss) on investments		(1.11	)		(1.94	)		(0.82	)		(1.87	)
Total income/(loss) from operations		2.02			(0.59	)		1.66			(0.83	)

Distributions to shareholders:
Net investment income		(3.12	)		(1.10	)		(2.44	)		(0.81	)
Total distributions		(3.12	)		(1.10	)		(2.44	)		(0.81	)
Net Asset Value, end of year	$	37.29		$	38.39		$	37.75		$	38.53
Market Value, end of year	$	37.39		$	38.33		$	37.86		$	38.47
Total Return at Net Asset Value⁽³⁾		5.35	%		(1.45	)%		4.33	%		(2.07	)%
Total Return at Market Value⁽⁴⁾		5.77	%		(5.16	)%		4.78	%		(5.57	)%
Net Assets, end of period (millions)	$	13.1		$	11.5		$	49.1		$	42.4
Ratios to average net assets:
Expenses⁽⁵⁾		0.30	%		0.30	%		0.20	%		0.20	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		8.15	%		7.87	%		6.40	%		6.03	%
Portfolio turnover rate⁽⁷⁾		31	%		8	%		29	%		13	%

	⁽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.
	⁽¹²⁾	Funds commenced operations on May 24, 2022. Shares of XB and XBB were listed on the NYSE Arca, Inc. on May 26, 2022.

The accompanying notes are an integral part of these financial statements.

170

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx CCC Rated USD High Yield Corporate Bond ETF						BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹²⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹³⁾
Net Asset Value, beginning of period	$	37.50		$	40.00		$	37.91		$	40.00
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		4.56			1.99			2.52			0.83
Net realized and unrealized gain/(loss) on investments		(1.77	)		(3.01	)		0.68			(2.32	)
Total income/(loss) from operations		2.79			(1.02	)		3.20			(1.49	)

Distributions to shareholders:
Net investment income		(4.51	)		(1.48	)		(2.50	)		(0.60	)
Total distributions		(4.51	)		(1.48	)		(2.50	)		(0.60	)
Net Asset Value, end of year	$	35.78		$	37.50		$	38.61		$	37.91
Market Value, end of year	$	35.83		$	37.45		$	38.61		$	37.67
Total Return at Net Asset Value⁽³⁾		7.66	%		(2.59	)%		8.50	%		(3.78	)%
Total Return at Market Value⁽⁴⁾		7.91	%		(5.63	)%		9.17	%		(4.32	)%
Net Assets, end of period (millions)	$	19.7		$	11.2		$	183.4		$	168.7
Ratios to average net assets:
Expenses⁽⁵⁾		0.40	%		0.40	%		0.29	%		0.29	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		12.21	%		11.58	%		6.37	%		6.09	%
Portfolio turnover rate⁽⁷⁾		25	%		12	%		23	%		9	%

⁽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.
⁽¹²⁾	Funds commenced operations on May 24, 2022. Shares of XCCC were listed on the NYSE Arca, Inc. on May 26, 2022.
⁽¹³⁾	Funds commenced operations on June 28, 2022. Shares of XEMD were listed on the NYSE Arca, Inc. on June 30, 2022.

The accompanying notes are an integral part of these financial statements.

171

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx Bloomberg Six Month Target Duration US Treasury ETF						BondBloxx Bloomberg One Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾
Net Asset Value, beginning of period	$	50.09		$	50.00		$	49.90		$	50.00
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		2.53			0.25			2.51			0.27
Net realized and unrealized gain/(loss) on investments		(0.30	)		(0.16	)		(0.56	)⁽¹⁵⁾		(0.37	)
Total income/(loss) from operations		2.23			0.09			1.95			(0.10	)

Distributions to shareholders:
Net investment income		(2.03	)		-			(2.11	)		-
Total distributions		(2.03	)		-			(2.11	)		-
Net Asset Value, end of year	$	50.29		$	50.09		$	49.74		$	49.90
Market Value, end of year	$	50.31		$	50.13		$	49.76		$	49.91
Total Return at Net Asset Value⁽³⁾		4.55	%		0.18	%		4.01	%		(0.20	)%
Total Return at Market Value⁽⁴⁾		4.50	%		0.22	%		4.02	%		(0.14	)%
Net Assets, end of period (millions)	$	1,096.9		$	50.1		$	527.2		$	39.4
Ratios to average net assets:
Expenses⁽⁵⁾		0.03	%		0.03	%		0.03	%		0.03	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		5.02	%		3.53	%		5.00	%		3.83	%
Portfolio turnover rate⁽⁷⁾		-	%		24	%		85	%		19	%

	⁽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.
	⁽¹⁴⁾	Funds commenced operations on September 13, 2022. Shares of XHLF and XONE were listed on the NYSE Arca, Inc. on September 15, 2022.
	⁽¹⁵⁾	Calculation of the net realized and unrealized gains (losses) per share do not correlate with the Fund’s net realized and unrealized gains (losses) presented on the Statements of Operations due to the timing of capital transactions in relation to the fluctuating market values of the Fund’s investments.

The accompanying notes are an integral part of these financial statements.

172

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx Bloomberg Two Year Target Duration US Treasury ETF						BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾
Net Asset Value, beginning of period	$	49.49		$	49.94		$	49.14		$	49.86
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		2.09			0.26			1.99			0.28
Net realized and unrealized gain/(loss) on investments		(0.75	)		(0.71	)		(0.92	)		(1.00	)
Total income/(loss) from operations		1.34			(0.45	)		1.07			(0.72	)

Distributions to shareholders:
Net investment income		(1.98	)		-			(2.01	)		-
Total distributions		(1.98	)		-			(2.01	)		-
Net Asset Value, end of year	$	48.85		$	49.49		$	48.20		$	49.14
Market Value, end of year	$	48.87		$	49.48		$	48.21		$	49.12
Total Return at Net Asset Value⁽³⁾		2.76	%		(0.90	)%		2.18	%		(1.44	)%
Total Return at Market Value⁽⁴⁾		2.82	%		(0.74	)%		2.24	%		(1.25	)%
Net Assets, end of period (millions)	$	105.0		$	36.6		$	28.9		$	20.1
Ratios to average net assets:
Expenses⁽⁵⁾		0.05	%		0.05	%		0.05	%		0.05	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		4.21	%		3.74	%		4.05	%		3.99	%
Portfolio turnover rate⁽⁷⁾		68	%		12	%		80	%		20	%

	⁽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.
	⁽¹⁴⁾	Funds commenced operations on September 13, 2022. Shares of XTWO and XTRE were listed on the NYSE Arca, Inc. on September 15, 2022.

The accompanying notes are an integral part of these financial statements.

173

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx Bloomberg Five Year Target Duration US Treasury ETF						BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾
Net Asset Value, beginning of period	$	48.40		$	49.77		$	47.75		$	49.70
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		1.83			0.24			1.77			0.23
Net realized and unrealized gain/(loss) on investments		(1.56	)		(1.61	)		(2.66	)		(2.18	)
Total income/(loss) from operations		0.27			(1.37	)		(0.89	)		(1.95	)

Distributions to shareholders:
Net investment income		(1.83	)		-			(1.78	)		-
Total distributions		(1.83	)		-			(1.78	)		-
Net Asset Value, end of year	$	46.84		$	48.40		$	45.08		$	47.75
Market Value, end of year	$	46.86		$	48.36		$	45.13		$	47.68
Total Return at Net Asset Value⁽³⁾		0.46	%		(2.75	)%		(2.04	)%		(3.92	)%
Total Return at Market Value⁽⁴⁾		0.59	%		(2.50	)%		(1.79	)%		(3.75	)%
Net Assets, end of period (millions)	$	36.5		$	20.3		$	53.7		$	20.5
Ratios to average net assets:
Expenses⁽⁵⁾		0.05	%		0.05	%		0.05	%		0.05	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		3.73	%		3.49	%		3.65	%		3.45	%
Portfolio turnover rate⁽⁷⁾		88	%		8	%		64	%		19	%

	⁽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.
	⁽¹⁴⁾	Funds commenced operations on September 13, 2022. Shares of XFIV and XSVN were listed on the NYSE Arca, Inc. on September 15, 2022.

The accompanying notes are an integral part of these financial statements.

174

BONDBLOXX ETF TRUST

Financial Highlights (Continued)

For a share outstanding throughout the period presented.

	BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF						BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
	For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾			For the Year Ended October 31, 2023			For the Period Ended October 31, 2022⁽¹⁴⁾
Net Asset Value, beginning of period	$	46.67		$	49.74		$	43.65		$	49.78
Income/(loss) from operations:
Net investment income/(loss)⁽²⁾		1.81			0.23			1.74			0.23
Net realized and unrealized gain/(loss) on investments		(3.64	)		(3.30	)		(6.98	)		(6.36	)
Total income/(loss) from operations		(1.83	)		(3.07	)		(5.24	)		(6.13	)

Distributions to shareholders:
Net investment income		(1.80	)		-			(1.76	)		-
Total distributions		(1.80	)		-			(1.76	)		-
Net Asset Value, end of year	$	43.04		$	46.67		$	36.65		$	43.65
Market Value, end of year	$	43.09		$	46.60		$	36.74		$	43.62
Total Return at Net Asset Value⁽³⁾		(4.23	)%		(6.17	)%		(12.73	)%		(12.31	)%
Total Return at Market Value⁽⁴⁾		(3.98	)%		(6.03	)%		(12.45	)%		(12.66	)%
Net Assets, end of period (millions)	$	42.6		$	20.1		$	23.1		$	21.4
Ratios to average net assets:
Expenses⁽⁵⁾		0.075	%		0.075	%		0.125	%		0.125	%
Net investment income/(loss)⁽⁵⁾⁽⁶⁾		3.82	%		3.44	%		3.81	%		3.54	%
Portfolio turnover rate⁽⁷⁾		84	%		12	%		93	%		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.
	⁽¹⁴⁾	Funds commenced operations on September 13, 2022. Shares of XTEN and XTWY were listed on the NYSE Arca, Inc. on September 15, 2022.

The accompanying notes are an integral part of these financial statements.

175

BONDBLOXX ETF TRUST

Notes to the Financial Statements

October 31, 2023

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 twenty 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 USD High Yield Bond Sector Rotation 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	Actual Index	Commencement of Operations
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 USD High Yield Bond Sector Rotation ETF	ICE BofA US Cash Pay High Yield Constrained Index	September 16, 2023*
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

176

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

Fund Name	Actual Index	Commencement of Operations
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
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

Represents the date of BondBloxx USD High Yield Bond Sector Rotation ETF merger into BondBloxx ETF Trust.

The BondBloxx USD High Yield Bond Sector Rotation ETF commenced investment operations on September 16, 2023. As of the close of business on September 15, 2023, the BondBloxx USD High Yield Bond Sector Rotation ETF acquired the assets and assumed the liabilities of the Highland/iBoxx Senior Loan ETF (the “Highland/iBoxx Senior Loan ETF Predecessor Fund”), a series of NexPoint Funds I in a tax-free reorganization as set out in the Agreement and Plan of Reorganization. The proposed Plan of Reorganization was approved by the Trust’s Board on March 16, 2023, by the NexPoint Funds I on June 2, 2023, and by beneficial owners of the Highland/iBoxx Senior Loan ETF Predecessor Fund on August 30, 2023. The tax-free reorganization was accomplished on September 15, 2023. As a result of the reorganization, BondBloxx USD High Yield Bond Sector Rotation ETF assumed the performance and accounting history of the Highland/iBoxx Senior Loan ETF Predecessor Fund. Financial information included for the dates prior to the reorganization is that of the Highland/iBoxx Senior Loan ETF Predecessor Fund.

Prior to September 16, 2023, the Predecessor Fund had a different investment adviser, had a different investment objective and policies, and was a passively-managed fund that sought to track the performance of the Markit iBoxx USD Liquid Leveraged Loan Index.

The net assets contributed to BondBloxx USD High Yield Bond Sector Rotation ETF resulting from this tax-free transaction were $30,655,426, cost of investments transferred of $30,665,582, undistributed income of $9, and accumulated gain loss of $58,804,271 including net unrealized appreciation of $0. For financial reporting purposes, assets received and shares issued were recorded at fair value; however, the cost basis of the investments received was carried forward to align ongoing reporting of BondBloxx USD High Yield Bond Sector Rotation ETF’s realized and unrealized gains and losses with amounts distributable to shareholders for tax purposes.

The reorganization was accomplished by the following tax-free exchange in which each shareholder of the Highland/iBoxx Senior Loan ETF Predecessor Fund received shares of BondBloxx USD High Yield Bond Sector Rotation ETF representing the same aggregate net asset value contributed as noted below:

Shares Issued			Net Assets
2,100,000			$	30,655,426

177

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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. 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 a 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 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 transactions on the Statements of Operations.

Use of Estimates

The preparation of financial statements in conformity with 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-restricted cash held with a financial institution.

178

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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.

Pursuant to Rule 2a-5 under the 1940 Act, each Fund has designated the Adviser as the “valuation designee” with respect to the fair valuation of each of the Fund’s portfolio securities. Fair valued securities are those for which market quotations were not readily available, including in circumstances under which it was determined by the Adviser that prices received were not reflective of their market values.

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 Board of Trustees (the “Board” or “Trustees”) and administered by BIM. BIM serves as the Funds’ valuation designee for purposes of compliance with the Rule 24a-5 under the 1940 Act.

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.

Shares of underlying ETFs are valued at their most recent closing price on an exchange.

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 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.

179

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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 October 31, 2023:

BondBloxx USD High Yield Bond Industrial Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	39,934,005	$	-	$	39,934,005
Time Deposits		-		412,811		-		412,811
Total Investments	$	-	$	40,346,816	$	-	$	40,346,816

BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	28,657,775	$	-	$	28,657,775
Time Deposits		-		298,012		-		298,012
Total Investments	$	-	$	28,955,787	$	-	$	28,955,787

BondBloxx USD High Yield Bond Healthcare Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	10,727,818	$	-	$	10,727,818
Time Deposits		-		236,677		-		236,677
Total Investments	$	-	$	10,964,495	$	-	$	10,964,495

BondBloxx USD High Yield Bond Financial & REIT Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	28,746,329	$	-	$	28,746,329
Time Deposits		-		289,034		-		289,034
Total Investments	$	-	$	29,035,363	$	-	$	29,035,363

180

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

BondBloxx USD High Yield Bond Energy Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	20,184,675	$	-	$	20,184,675
Time Deposits		-		138,136		-		138,136
Total Investments	$	-	$	20,322,811	$	-	$	20,322,811

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	22,231,775	$	-	$	22,231,775
Time Deposits		-		136,952		-		136,952
Total Investments	$	-	$	22,368,727	$	-	$	22,368,727

BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	10,415,190	$	-	$	10,415,190
Time Deposits		-		231,320		-		231,320
Total Investments	$	-	$	10,646,510	$	-	$	10,646,510

BondBloxx USD High Yield Bond Sector Rotation ETF

Assets	Level 1		Level 2		Level 3		Total
Exchange-Traded Funds	$	28,470,152	$	-	$	-	$	28,470,152
Time Deposits		-		131,033		-		131,033
Total Investments	$	28,470,152	$	131,033	$	-	$	28,601,185

BondBloxx B Rated USD High Yield Corporate Bond ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	12,736,394	$	-	$	12,736,394
Time Deposits		-		191,231		-		191,231
Total Investments	$	-	$	12,927,625	$	-	$	12,927,625

BondBloxx BB Rated USD High Yield Corporate Bond ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	47,993,445	$	-	$	47,993,445
Time Deposits		-		207,180		-		207,180
Total Investments	$	-	$	48,200,625	$	-	$	48,200,625

BondBloxx CCC Rated USD High Yield Corporate Bond ETF

Assets	Level 1		Level 2		Level 3		Total
Common Stocks	$	3,053	$	-	$	-	$	3,053
Corporate Bonds		-		19,001,354		-		19,001,354
Time Deposits		-		547,687		-		547,687
Total Investments	$	3,053	$	19,549,041	$	-	$	19,552,094

181

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Assets	Level 1		Level 2		Level 3		Total
Corporate Bonds	$	-	$	20,721,779	$	-	$	20,721,779
Government Agencies and Obligations		-		159,332,793		-		159,332,793
Time Deposits		-		897,167		-		897,167
Total Investments	$	-	$	180,951,739	$	-	$	180,951,739

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	1,117,756,172	$	-	$	1,117,756,172
Time Deposits		-		687,779		-		687,779
Total Investments	$	-	$	1,118,443,951	$	-	$	1,118,443,951

BondBloxx Bloomberg One Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	522,550,164	$	-	$	522,550,164
Time Deposits		-		1,547,559		-		1,547,559
Total Investments	$	-	$	524,097,723	$	-	$	524,097,723

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	103,825,277	$	-	$	103,825,277
Time Deposits		-		314,373		-		314,373
Total Investments	$	-	$	104,139,650	$	-	$	104,139,650

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	28,658,136	$	-	$	28,658,136
Time Deposits		-		107,941		-		107,941
Total Investments	$	-	$	28,766,077	$	-	$	28,766,077

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	36,124,562	$	-	$	36,124,562
Time Deposits		-		128,667		-		128,667
Total Investments	$	-	$	36,253,229	$	-	$	36,253,229

182

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	53,000,395	$	-	$	53,000,395
Time Deposits		-		49,199		-		49,199
Total Investments	$	-	$	53,049,594	$	-	$	53,049,594

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	41,931,243	$	-	$	41,931,243
Time Deposits		-		32,949		-		32,949
Total Investments	$	-	$	41,964,192	$	-	$	41,964,192

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Assets	Level 1		Level 2		Level 3		Total
Government Obligations	$	-	$	22,796,933	$	-	$	22,796,933
Time Deposits		-		25,018		-		25,018
Total Investments	$	-	$	22,821,951	$	-	$	22,821,951

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.

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 October 31, 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.

183

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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.

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’ Portfolio of Investments.

Reclassification

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.

184

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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 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 other than HYSA), 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). With respect to HYSA, the Fund pays the adviser a fee based on a percentage of the Fund’s average daily net assets at the annual rate of 0.45%. Pursuant to an expenses limitation agreement with BIM, BIM has contractually agreed to waive fees and/or reimburse operating expenses (other than interest, brokerage, taxes, extraordinary expenses and non-affiliated acquired fund fees and expenses) so that the ratio of the Fund’s net total annual operating expenses will not exceed 0.55% through the anniversary of the listing date of the Fund in 2026, subject to recapture as described below (the “Fee Waiver”). The Fee Waiver may be terminated prior to the anniversary of the listing date of the Fund in 2026 only upon written agreement of the Trust and BIM. The Fee Waiver may be modified by BIM to decrease the Fund’s net total annual operating expenses at any time. BIM is also permitted to recapture amounts waived and/or reimbursed within two years after the fiscal year in which BIM waived fees and/or reimbursed expenses if the Fund’s net total annual operating expenses have fallen to a level below the limit described above. In no case will BIM recapture any amount that would result, on any particular business day of the Fund, in the Fund’s expense ratio exceeding both (1) the expense cap in place at the time such amounts were waived and (2) the Fund’s current expense cap. During the period ended October 31, 2023, HYSA waived $13,667 of affiliated fund fees and expenses, which are not recoupable by HYSA from BIM in future fiscal periods pursuant to the terms of the expense limitation agreement.

As of October 31, 2023, pursuant to the above, fees previously waived and reimbursed by the Investment Adviser that may be subject to possible future reimbursement to the Investment Adviser were as follows for HYSA:

Expiring Fiscal Year Ending, October 31, 2025
$	35,673

Previous fees waived under the previous Investment Advisor through reorganization date are no longer recoupable.

185

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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 USD High Yield Bond Sector Rotation ETF		0.45%
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.

Pursuant for sub-advisor agreement with Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, Delaware acts as sub-adviser to HYSA. BIM compensates Delaware for its sub-advisory services out of its management fee.

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.

186

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

The following expense disclosures are applicable only to BondBloxx USD High Yield Bond Sector Rotation ETF.

Administration Fees

Prior to September 16, 2023, SEI Investments Global Funds Services (the “Administrator”) served as the Fund’s Administrator pursuant to an Administration Agreement. For its services under the Administration Agreement, the Administrator received a monthly administration fee from the Fund, calculated and assessed in arrears based on the aggregate net assets of the Fund, subject to an annual minimum fee. For the period from July 1, 2023 to September 15, 2023, the Fund paid $11,871 for these services.

Service and Distribution Fees

Prior to September 16, 2023, SEI Investments Distribution Co. (the “Distributor”) served as the Fund’s underwriter and distributor of shares pursuant to a Distribution Agreement. Under the Distribution Agreement, the Distributor, as agent, receives orders to create and redeem shares in Creation Unit Aggregations and transmits such orders to the Fund’s custodian and transfer agent. The Distributor has no obligation to sell any specific quantity of Fund shares. The Distributor bears the following costs and expenses relating to the distribution of shares: (i) the costs of processing and maintaining records of creations of Creation Units; (ii) all cost of maintaining the records required of a registered broker/dealer; (iii) the expenses of maintaining its registration or qualification as a dealer or broker under Federal or state laws; (iv) filing fees; and (v) all other expenses incurred in connection with the distribution services as contemplated in the Distribution Agreement. The Distributor does not maintain any secondary market in Fund shares.

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.

187

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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 year or period ended October 31, 2023 were as follows:

	Purchases		Sales
BondBloxx USD High Yield Bond Industrial Sector ETF	$	3,657,672	$	3,544,943
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		1,449,821		1,461,881
BondBloxx USD High Yield Bond Healthcare Sector ETF		1,040,311		1,124,419
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		3,281,046		3,391,607
BondBloxx USD High Yield Bond Energy Sector ETF		3,555,716		3,446,666
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		2,808,832		2,924,629
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		882,422		1,008,357
BondBloxx USD High Yield Bond Sector Rotation ETF^		61,895,272		27,810,140
BondBloxx B Rated USD High Yield Corporate Bond ETF		3,468,580		3,664,231
BondBloxx BB Rated USD High Yield Corporate Bond ETF		12,706,030		12,948,210
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		2,438,286		2,715,333
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF		38,685,669		40,688,103

For the period from July 1, 2023 to October 31, 2023.

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 year ended October 31, 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		109,943
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		69,187		69,325
BondBloxx USD High Yield Bond Energy Sector ETF		173,374		174,124
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		123,503		124,650
BondBloxx B Rated USD High Yield Corporate Bond ETF		98,888		99,007
BondBloxx BB Rated USD High Yield Corporate Bond ETF		619,849		624,666
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		148,333		149,319
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF		1,932,083		2,411,133
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		242,462,045		248,594,284
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		54,379,222		55,454,067
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		19,428,510		20,233,063
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		28,329,227		28,797,490
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		17,442,037		17,827,110
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		20,850,991		21,174,240
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		22,564,958		22,865,085

188

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

For the year or period ended October 31, 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	$	41,211,708	$	3,474,979
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		27,958,036		1,720,450
BondBloxx USD High Yield Bond Healthcare Sector ETF		9,724,316		6,371,988
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		27,824,873		1,739,468
BondBloxx USD High Yield Bond Energy Sector ETF		20,282,386		7,211,530
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		20,873,230		4,954,820
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		9,004,694		3,495,685
BondBloxx USD High Yield Bond Sector Rotation ETF^		-		1,265,346
BondBloxx B Rated USD High Yield Corporate Bond ETF		1,862,706		-
BondBloxx BB Rated USD High Yield Corporate Bond ETF		16,804,049		9,269,454
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		12,400,302		3,603,427
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF		11,259,219		-
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		1,546,847,971		441,448,898
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		1,320,207,866		833,914,553
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		142,989,669		74,531,259
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		14,864,140		5,412,838
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		21,080,908		3,462,807
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		35,092,542		423,242
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		25,393,641		-
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		22,445,396		15,465,454

Fiscal year end changed from June 30, 2023 to October 31, 2023.

6. AFFILIATE TRANSACTIONS

Investments in issuers considered to be affiliates of the fund during the period ended October 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

BondBloxx USD High Yield Bond Sector Rotation ETF

Affiliated Investment Company	Value as of June 30, 2023^		Purchases		Realized Gain (Loss) on Investment Securities			Change in Unrealized Appreciation (Depreciation) of Investment Securities			Sales			Value as of October 31, 2023		Dividends
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF	$	-	$	4,892,112	$	(7,215	)	$	(114,280	)	$	(202,341	)	$	4,568,276	$	28,737
BondBloxx USD High Yield Bond Consumer Non- Cyclicals Sector ETF		-		3,672,272		(4,422	)		(65,844	)		(152,957	)		3,449,049		16,290
BondBloxx USD High Yield Bond Energy Sector ETF		-		4,126,049		(5,515	)		(70,280	)		(193,172	)		3,857,082		19,857
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		-		2,447,129		(3,548	)		(55,623	)		(107,554	)		2,280,404		15,058

189

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

Affiliated Investment Company	Value as of June 30, 2023^		Purchases		Realized Gain (Loss) on Investment Securities			Change in Unrealized Appreciation (Depreciation) of Investment Securities			Sales			Value as of October 31, 2023		Dividends
BondBloxx USD High Yield Bond Healthcare Sector ETF	$	-	$	1,850,421	$	(2,799	)	$	(66,503	)	$	(75,801	)	$	1,705,318	$	11,572
BondBloxx USD High Yield Bond Industrial Sector ETF		-		7,959,509		(12,328	)		(218,765	)		(356,874	)		7,371,542		43,430
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		-		5,683,462		(8,676	)		(202,336	)		(233,969	)		5,238,481		37,314
		-		30,630,954		(44,503	)		(793,631	)		(1,322,668	)		28,470,152		172,258

Fiscal year end changed from June 30, 2023 to October 31, 2023.

7. 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 year or period ended October 31, 2023, the Funds did not incur any interest or penalties.

At October 31, 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	$	42,089,151	$	25,988	$	(1,768,323	)	$	(1,742,335	)
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		30,396,536		31,744		(1,472,493	)		(1,440,749	)
BondBloxx USD High Yield Bond Healthcare Sector ETF		11,781,964		5,777		(823,246	)		(817,469	)
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		29,993,864		26,938		(985,439	)		(958,501	)
BondBloxx USD High Yield Bond Energy Sector ETF		20,813,306		24,396		(514,891	)		(490,495	)
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		23,080,938		87,342		(799,553	)		(712,211	)
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		11,179,626		12,630		(545,746	)		(533,116	)
BondBloxx USD High Yield Bond Sector Rotation ETF^		29,395,802		-		(794,617	)		(794,617	)
BondBloxx B Rated USD High Yield Corporate Bond ETF		13,543,442		45,020		(660,837	)		(615,817	)
BondBloxx BB Rated USD High Yield Corporate Bond ETF		50,614,041		41,223		(2,454,639	)		(2,413,416	)
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		20,671,452		109,927		(1,229,285	)		(1,119,358	)

190

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

	Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF	$	186,430,431	$	2,664,021	$	(8,142,713	)	$	(5,478,692	)
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		1,118,882,194		1,546		(439,789	)		(438,243	)
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		525,384,799		5,857		(1,292,933	)		(1,287,076	)
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		105,369,793		176		(1,230,319	)		(1,230,143	)
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		29,348,437		-		(582,360	)		(582,360	)
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		37,784,236				(1,531,007	)		(1,531,007	)
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		55,248,147		-		(2,198,553	)		(2,198,553	)
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		45,075,300		-		(3,111,108	)		(3,111,108	)
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		27,882,180		-		(5,060,229	)		(5,060,229	)

Fiscal year end changed from June 30, 2023 to October 31, 2023.

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, 2023, the components of distributable earnings/loss on tax basis were as follows:

	Undistributed Income		Undistributed Long-term Capital Gains		Accumulated Capital Gains/ (Losses)			Net Unrealized Appreciation/ (Depreciation)			Total Earnings/ (Losses)
BondBloxx USD High Yield Bond Industrial Sector ETF	$	273,878	$	-	$	(85,034	)	$	(1,742,335	)	$	(1,553,491	)
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		230,958		-		(94,139	)		(1,440,749	)		(1,303,930	)
BondBloxx USD High Yield Bond Healthcare Sector ETF		76,238		-		(584,130	)		(817,469	)		(1,325,361	)
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		201,872		-		(237,099	)		(958,501	)		(993,728	)
BondBloxx USD High Yield Bond Energy Sector ETF		124,754		-		(177,959	)		(490,495	)		(543,700	)
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		140,530		-		(110,514	)		(712,211	)		(682,195	)
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		61,052		-		(71,702	)		(533,116	)		(543,766	)
BondBloxx USD High Yield Bond Sector Rotation ETF^		50,397		-		(59,275,760	)		(794,617	)		(60,019,980	)
BondBloxx B Rated USD High Yield Corporate Bond ETF		93,045		-		(243,704	)		(615,817	)		(766,476	)
BondBloxx BB Rated USD High Yield Corporate Bond ETF		294,799		-		(735,182	)		(2,413,416	)		(2,853,799	)
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		163,831		-		(313,285	)		(1,119,358	)		(1,268,812	)

191

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

	Undistributed Income		Undistributed Long-term Capital Gains		Accumulated Capital Gains/ (Losses)			Net Unrealized Appreciation/ (Depreciation)			Total Earnings/ (Losses)
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF	$	1,053,068	$	-	$	(1,033,623	)	$	(5,478,662	)	$	(5,459,217	)
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		4,854,833		-		(760,654	)		(438,243	)		3,655,936
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		2,696,858		-		(1,566,030	)		(1,287,076	)		(156,248	)
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		426,055		-		(754,256	)		(1,230,143	)		(1,558,344	)
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		99,236		-		(395,366	)		(582,360	)		(878,490	)
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		123,925		-		(767,425	)		(1,531,007	)		(2,174,507	)
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		100,948		-		(571,420	)		(2,198,553	)		(2,669,025	)
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		155,388		-		(1,411,313	)		(3,111,108	)		(4,367,033	)
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		94,720		-		(2,368,287	)		(5,060,229	)		(7,333,796	)

Fiscal year end changed from June 30, 2023 to October 31, 2023.

At October 31, 2023, the effect of permanent book/tax reclassifications primarily related to in-kind transactions resulted in increase/(decrease) to the components of net assets as follows:

	Total Distributable Earnings			Paid-in Capital
BondBloxx USD High Yield Bond Industrial Sector ETF	$	199,929		$	(199,929	)
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		206,232			(206,232	)
BondBloxx USD High Yield Bond Healthcare Sector ETF		540,454			(540,454	)
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		158,365			(158,365	)
BondBloxx USD High Yield Bond Energy Sector ETF		121,572			(121,572	)
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		501,019			(501,019	)
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		328,748			(328,748	)
BondBloxx USD High Yield Bond Sector Rotation ETF^		42,951			(42,951	)
BondBloxx B Rated USD High Yield Corporate Bond ETF		-			-
BondBloxx BB Rated USD High Yield Corporate Bond ETF		268,584			(268,584	)
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		86,000			(86,000	)
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF		-			-
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		116,223			(116,223	)
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		2,906,469			(2,906,469	)
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		124,104			(124,104	)
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		(1,506	)		1,506
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		9,824			(9,824	)
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		(11,739	)		11,739
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		-			-
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		727,452			(727,452	)

Fiscal year end changed from June 30, 2023 to October 31, 2023.

192

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

The tax character of distributions paid during the period indicated was as follow:

	Year Ended October 31, 2023				Year Ended October 31, 2022
	Ordinary Income*		Long-Term Capital Gain		Ordinary Income*		Long-Term Capital Gain
BondBloxx USD High Yield Bond Industrial Sector ETF	$	1,039,987	$	-	$	192,726	$	-
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		773,573		-		135,149		-
BondBloxx USD High Yield Bond Healthcare Sector ETF		462,631		-		226,994		-
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		689,760		-		180,578		-
BondBloxx USD High Yield Bond Energy Sector ETF		606,084		-		247,535		-
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		826,902		-		234,348		-
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		339,571		-		187,215		-

	Period Ended October 31, 2023				Year Ended June 30, 2023						Year Ended June 30, 2022
	Ordinary Income*		Long-Term Capital Gain		Ordinary Income*		Long-Term Capital Gain		Return of Capital		Ordinary Income*		Long-Term Capital Gain		Return of Capital
BondBloxx USD High Yield Bond Sector Rotation ETF^	$	533,623	$	-	$	2,101,410	$	-	$	60,985	$	1,282,174	$	-	$	10,748

	Year Ended October 31, 2023				Year Ended October 31, 2022
	Ordinary Income*		Long-Term Capital Gain		Ordinary Income*		Long-Term Capital Gain
BondBloxx B Rated USD High Yield Corporate Bond ETF	$	948,646	$	-	$	357,380	$	-
BondBloxx BB Rated USD High Yield Corporate Bond ETF		2,930,252		-		891,418		-
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		1,187,914		-		351,099		-
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF		11,393,515		-		2,662,213		-
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		19,195,046		-		-		-
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		11,946,611		-		-		-
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		3,191,299		-		-		-
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		987,439		-		-		-
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		1,188,187		-		-		-
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		923,627		-		-		-
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		896,889		-		-		-
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		948,088		-		-		-

	^	Fiscal year end changed from June 30, 2023 to October 31, 2023.
	*	For tax purpose short-term capital gain distributions are considered ordinary income distributions.

193

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

At October 31, 2023, 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 Amount
BondBloxx USD High Yield Bond Industrial Sector ETF	$	49,425	$	35,609	$	85,034
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF		36,227		57,912		94,139
BondBloxx USD High Yield Bond Healthcare Sector ETF		522,425		61,705		584,130
BondBloxx USD High Yield Bond Financial & REIT Sector ETF		132,354		104,745		237,099
BondBloxx USD High Yield Bond Energy Sector ETF		52,323		125,636		177,959
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF		68,328		42,186		110,514
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF		42,066		29,636		71,702
BondBloxx USD High Yield Bond Sector Rotation ETF^		31,529,721		27,746,039		59,275,760
BondBloxx B Rated USD High Yield Corporate Bond ETF		164,172		79,532		243,704
BondBloxx BB Rated USD High Yield Corporate Bond ETF		613,275		121,907		735,182
BondBloxx CCC Rated USD High Yield Corporate Bond ETF		279,511		33,774		313,285
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF		832,231		201,392		1,033,623
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		760,654		-		760,654
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		1,566,030		-		1,566,030
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		562,011		192,245		754,256
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		368,140		27,226		395,366
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		637,966		129,459		767,425
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		462,168		109,252		571,420
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		981,095		430,218		1,411,313
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		2,360,953		7,334		2,368,287

Fiscal year end changed from June 30, 2023 to October 31, 2023.

8. RELATED PARTIES

At October 31, 2023, certain officers and Trustees of the Trust are also officers or employees of the Adviser or affiliated with the Distributor.

9. 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.

194

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

10. INVESTMENT RISKS (Unaudited)

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 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

195

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

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.

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.

Affiliated ETF Risk. The Adviser receives advisory fees from the Underlying Funds. It is possible that a conflict of interest among the Fund and the Underlying Funds could affect how the Adviser fulfills its fiduciary duties to the Fund and the Underlying Funds. The Adviser may have an incentive to take into account the effect on an Underlying Fund in which the Fund may invest in determining whether, and under what circumstances, to purchase or sell shares in that Underlying Fund. In addition, the fees payable to the Adviser by certain of the Underlying Funds may be higher than the fee payable by the Fund. However, the Adviser has a fiduciary duty to act in the Fund’s best interests when selecting the Underlying Funds.

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.

Market Trading Risk. The Fund faces numerous market trading risks, including the potential lack of an active market for Fund shares or the Fund’s underlying portfolio securities, losses from trading in secondary markets, periods of high volatility and disruptions in the creation/redemption process. ANY OF THESE FACTORS, AMONGOTHERS, MAY LEAD TO THE FUND’S SHARES TRADING AT A PREMIUM OR DISCOUNT TO NAV. Accordingly, if a shareholder purchases Fund shares at a time when the market price is at a premium to the NAV, or sells shares at a time when the market price is at a discount to the NAV, the shareholder may sustain losses.

Investment in the Underlying Funds Risk. The Fund invests a substantial portion of its assets in the Underlying Funds. Accordingly, the Fund’s investment performance will be directly related to the performance of the Underlying Funds, and the Fund is subject to the risk factors associated with the investments of the Underlying Funds and will be affected by the investment policies and practices of the Underlying Funds in direct proportion to the amount of assets allocated to each. To the extent the Fund is exposed more heavily to one or more particular Sectors, its performance will be especially sensitive to risks associated with those Sectors.

196

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

A strategy used by the Underlying Funds may fail to produce the intended results. If the Fund has allocated a higher portion of its net assets to a particular Underlying Fund, it may be more susceptible to adverse developments affecting that Underlying Fund and may be more susceptible to losses because of these developments. The Fund’s ability to achieve its investment objective will depend on the ability of the Underlying Funds to achieve their investment objectives. There can be no assurance that the investment objective of any Underlying Fund can be achieved. With respect to the Underlying Funds, which are all designed to track an index, the price and movement of an ETF designed to track an index may not track the index and may result in a loss. In addition, ETFs may trade at a price above (premium) or below (discount) their net asset value, especially during periods of significant market volatility or stress, causing investors to pay significantly more or less than the value of the ETF’s underlying portfolio. Certain ETFs traded on exchanges may be thinly traded and experience large spreads between the “ask” price quoted by a seller and the “bid” price offered by a buyer.

The Fund’s NAV will change with changes in the value of the Underlying Funds and other investments based on their market valuations. The Fund’s market price may deviate from value of the Fund’s underlying holdings, particularly in times of market stress, and as a result, investors may pay more or receive less than the underlying value of the Fund’s shares bought or sold. See also “-Exchange-Traded Fund (ETF) and Other Investment Company Risk” below. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.

Exchange-Traded Fund (ETF) and Other Investment Company Risk. The Fund may invest in shares of other investment companies and ETFs, including the affiliated Underlying Funds. Shareholders bear both their proportionate share of the Fund’s expenses and similar expenses of the underlying investment company or ETF when the Fund invests in shares of another investment company or ETF. The Fund is subject to the risks associated with the ETF or investment company’s investments. The price and movement of an ETF designed to track an index may not track the index and may result in a loss. In addition, ETFs may trade at a price above (premium) or below (discount) their net asset value, especially during periods of significant market volatility or stress, causing investors to pay significantly more or less than the value of the ETF’s underlying portfolio. Certain ETFs traded on exchanges may be thinly traded and experience large spreads between the “ask” price quoted by a seller and the “bid” price offered by a buyer.

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.

197

BONDBLOXX ETF TRUST

Notes to the Financial Statements (Continued)

October 31, 2023

11. NEW ACCOUNTING PRONOUNCEMENTS

In June 2022, the FASB issued ASU 2022-03, “FairValue Measurement (Topic 820): FairValue 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.

12. 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.

198

BONDBLOXX ETF TRUST

Report of Independent Registered Public Accounting Firm

To the Shareholders and Board of Trustees of

BondBloxx ETF Trust

Opinion on the Financial Statements

We have audited the accompanying statements of assets and liabilities, including the portfolios of investments, of BondBloxx ETF Trust comprising the funds listed below (the “Funds”) as of October 31, 2023, the related statements of operations, the statements of changes in net assets, the related notes, and the financial highlights for each of the years or periods indicated below (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2023, the results of their operations, the changes in net assets, and the financial highlights for each of the years or periods indicated below, in conformity with accounting principles generally accepted in the United States of America.

Fund Name	Statements of Operations	Statements of Changes in Net Assets	Financial Highlights
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,	For the year ended October 31, 2023	For the year ended October 31, 2023 and the period from February 15, 2022 (commencement of operations) through October 31, 2022
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	For the year ended October 31, 2023	For the year ended October 31, 2023 and the period from May 24, 2022 (commencement of operations) through October 31, 2022
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF	For the year ended October 31, 2023	For the year ended October 31, 2023 and the period from June 28, 2022 (commencement of operations) through October 31, 2022
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF, BondBloxx Bloomberg One Year Target Duration US Treasury ETF,	For the year ended October 31, 2023	For the year ended October 31, 2023 and the period from September 13, 2022 (commencement of operations) through October 31, 2022
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,
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

199

BONDBLOXX ETF TRUST

Report of Independent Registered Public Accounting Firm (Continued)

Fund Name		Statements of Operations		Statements of Changes in Net Assets		Financial Highlights
BondBloxx USD High Yield Bond Sector Rotation ETF		For the period July 1, 2023 through October 31, 2023 and for the year ended June 30, 2023		For the period July 1, 2023 through October 31, 2023 and for the years ended June 30, 2023 and 2022		For the period July 1, 2023 through October 31, 2023 and for the years ended June 30, 2023, 2022, 2021, and 2020

The BondBloxx USD High Yield Bond Sector Rotation ETF’s financial highlights for the year ended June 30, 2019, were audited by other auditors whose report dated August 30, 2019, expressed an unqualified opinion on those financial highlights.

Basis for Opinion

These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of October 31, 2023, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

We have served as auditor of one or more of the Funds within BondBloxx ETF Trust since 2020.

COHEN & COMPANY, LTD.

Cleveland, Ohio

December 22, 2023

200

BONDBLOXX ETF TRUST

Liquidity Risk Management Program (Unaudited)

Consistent with Rule 22e-4 under the Investment Company Act of 1940 (the “Liquidity Rule”), the Funds have adopted and implemented a written liquidity risk management program (the “Program”). The Program seeks to assess and manage each Fund’s liquidity risk, which is defined as the risk that a Fund is unable to meet investor redemption requests without significantly diluting the remaining investors’ interests in the Fund. The Funds’ Board of Trustees (the “Board”) has approved the designation of the Adviser as the Liquidity Program Administrator (“LPA”) to oversee the implementation and monitoring of the Program.

Each of the Funds qualifies as an “In-Kind ETF” under the Liquidity Rule and the Program, which means that it meets redemptions through in-kind transfers of securities, positions and assets other than a de minimis amount of cash and publishes its portfolio holdings daily. As In-Kind ETFs, the Funds are exempt from certain Liquidity Rule requirements, including classification of portfolio holdings and the requirement to establish a highly liquid investment minimum.

Consistent with the Liquidity Rule, the Program includes provisions that require, no less frequently than annually, assessments of the Funds’ liquidity risks, including a review of specific factors set forth in the Program as applicable to each Fund. In addition, the Program includes provisions designed to comply with the Liquidity Rule’s limitation on investments in “illiquid investments” (as defined in the Liquidity Rule) to no more than 15% of a Fund’s net assets as well as provisions regarding the maintenance and monitoring of In-Kind ETF status and periodic reporting to the Funds’ Board.

At a meeting of the Board of Trustees on November 14, 2023, the LPA provided a written report (the “Report”) to the Board as required by the Liquidity Rule addressing the operation, adequacy, and effectiveness the Program, including any material changes to the Program for the period from Fund inception through September 30, 2023 (“Reporting Period”). The Report included a discussion of the annual assessment of each Fund’s liquidity risk, including a review, as applicable of the Funds’ investment strategies and liquidity of portfolio investments. In addition, the Board received reports on the arbitrage function and the level of active participation by Authorized Participants and its relationship to each Fund’s liquidity and the effect of pricing/spreads and basket assets on each Fund’s liquidity.

There were no material changes to the Program, there were no significant liquidity events impacting any Fund, and it is the LPA’s assessment that the Program is adequately designed and has been effective in managing each Fund’s liquidity risk and in implementing the requirements of the Liquidity Rule. The Report concluded that each Fund qualified as an In-Kind ETF during the Reporting Period and, given the intention to continue to meet redemptions only through in-kind transfers of securities, each Fund will continue to be classified as an In-Kind ETF.

There can be no assurance that the Program will achieve its objectives in the future. Additional information regarding risks of investing in each Fund, including liquidity risks presented by each Fund’s investment portfolio, is found in the Fund’s Prospectus and Statement of Additional Information.

201

BONDBLOXX ETF TRUST

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.

Tax Information

Form 1099-DIV and other year-end tax information provide shareholders with actual calendar year amounts that should be included in their tax returns. Shareholders should consult their tax advisors. The Funds designate the following amounts or, if subsequently determined to be different, the maximum allowable for its year/period ended October 31, 2023.

	Qualified Dividend Income*			Dividends Received Deduction*			Qualified Interest Income
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg One Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF		0.00	%		0.00	%		100.00	%

The above percentage is based on ordinary income dividends paid to shareholders during the Funds’ fiscal year/period.

202

BONDBLOXX ETF TRUST

Board Approval of Investment Advisory and Sub-Advisory Agreements (Unaudited)

BondBloxx USD High Yield Bond Sector Rotation ETF

Under Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), the Board of Trustees of BondBloxx ETF Trust (the “Board”) (the “Trust”), including a majority of the Trustees who are not “interested persons” (as that term is defined in the 1940 Act) of the Trust (the “Independent Trustees”), is required to consider and approve the Investment Advisory Agreement between the Trust and BondBloxx Investment Management Corporation (“BondBloxx”) (the “Advisory Agreement”), as well as any sub-advisory agreements.

At a meeting held on March 16, 2023 (the “March Meeting”), the Board, including a majority of the Independent Trustees, considered and approved the Advisory Agreement with respect to the BondBloxx USD High Yield Bond Sector Rotation ETF (the “Sector Rotation Fund”) for an initial two-year period. In addition, the Board approved the Investment Sub-Advisory Agreement among theTrust, on behalf of the Fund, BondBloxx and Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust (the “Sub-Adviser”), for an initial two-year period (the “Sub-Advisory Agreement,” and together with the Advisory Agreement, the “Agreements”).

General Information

The following information summarizes the Board’s considerations associated with its review of the Agreements. In connection with theTrustees’ deliberations, BondBloxx furnished information to theTrustees necessary for a majority of the Independent Trustees to make the determination that the Agreements were in the best interests of the Sector Rotation Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the Agreements with management and their independent legal counsel and received materials from such counsel discussing the legal standards relating to the Agreements for their consideration.

Advisory Agreement

In approving the 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 Sector Rotation Fund by BondBloxx; (2) BondBloxx’s proposed compensation under the Advisory Agreement; (3) the estimated expenses of the Sector Rotation Fund; (4) the estimated costs of services to be provided to the Sector Rotation Fund and the anticipated profits to be realized by BondBloxx from its management of the Sector Rotation Fund; (5) the potential for economies of scale and the sharing of any economies of scale with the Sector Rotation Fund’s 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 Sector Rotation Fund. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the 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, oversight of the Sub-Adviser, and 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 Sector Rotation Fund by BondBloxx under the Advisory Agreement.

Performance. The Board took into account that BondBloxx does not currently advise any “actively managed” ETFs and does not operate any affiliated advisory entities. The Board took into consideration the professional experience and investment capabilities of the individuals who are expected to serve as portfolio managers to the Sector Rotation Fund, including individuals from the Sub-Adviser. In addition, the Board considered BondBloxx’s investment philosophy and portfolio oversight process and the systems and tools BondBloxx and the Sub-Adviser are expected to use in managing the Sector Rotation Fund in accordance with its investment objective and investment strategies. Based on the foregoing, the Board concluded that BondBloxx is qualified to manage the Sector Rotation Fund’s assets in accordance with the Sector Rotation Fund’s investment objective and investment strategies.

203

BONDBLOXX ETF TRUST

Board Approval of Investment Advisory and Sub-Advisory Agreements (Unaudited) (Continued)

BondBloxx USD High Yield Bond Sector Rotation ETF

Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation that the Sector Rotation Fund is required to pay to BondBloxx under the Advisory Agreement and the estimated expense ratios of the Sector Rotation Fund. The Board took into account that BondBloxx has contractually agreed to waive fees and/or reimburse operating expenses (other than interest, brokerage, taxes, extraordinary expenses and non-affiliated acquired fund fees and expenses) so that the ratio of the Sector Rotation Fund’s net total annual operating expenses will not exceed 0.55% through the anniversary of the listing date of the Fund in 2026. The Board noted that under this agreement, BondBloxx is permitted to recapture amounts waived and/or reimbursed within two years after the fiscal year in which BIM waived fees and/or reimbursed expenses if the Fund’s net total annual operating expenses have fallen to a level below the limit described above. The Board also took into account the sub-advisory fees payable to the Sub-Adviser. In addition, the Board took into account the expense ratios of comparable high yield bond ETFs relative to the estimated expense ratios of the Sector Rotation Fund. Based on the foregoing, the Board concluded that the Sector Rotation Fund’s advisory fee is reasonable in view of the services to be received by the Sector Rotation Fund from BondBloxx and the other factors considered.

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 Sector Rotation Fund pursuant to the Advisory Agreement. The Board noted potential benefits to BondBloxx that could accrue as a result of managing the Sector Rotation Fund, including potential reputational benefits. Based upon the foregoing, the Board concluded that BondBloxx’s anticipated profitability from its relationship with the Sector Rotation Fund was reasonable.

Potential Economies of Scale. The Board considered the proposed reorganization of Highland/iBoxx Senior Loan ETF (the “Target Fund”) with and into the Sector Rotation Fund (the “Reorganization”). The Board noted BondBloxx’s expectations that, assuming the Reorganization is approved by the Board, the board of the Target Fund and the shareholders of the Target Fund, in acquiring the assets of the Target Fund, the Sector Rotation Fund would be able to immediately implement its actively managed high yield sector allocation strategy without a “ramp up” period. The Board noted the competitive environment in which the Sector Rotation Fund will operate. The Board considered the effect of potential future asset growth on the Sector Rotation Fund’s performance and expenses and potential economies of scale to be realized by BondBloxx as the Fund’s assets increase over time. Based on the foregoing, the Board concluded that the amount and structure of the proposed compensation to be paid by the Sector Rotation Fund to BondBloxx is appropriate.

Sub-Advisory Agreement

In approving the Sub-Advisory Agreement, the Board, including the Independent Trustees, considered various additional factors, including: (1) the nature, extent and quality of the services to be provided to the Sector Rotation Fund by the Sub-Adviser; (2) the Sub-Adviser’s proposed compensation under the Sub-Advisory Agreement; and (3) other potential benefits to the Sub-Adviser from its relationships with the Sector Rotation Fund. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the Sub-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 the Sub-Adviser under the Sub-Advisory Agreement, the Board reviewed information provided by the Sub-Adviser relating to its operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of the Sub-Adviser’s personnel. The Board also took into account the systems and resources that the Sub-Adviser 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 Sector Rotation Fund by the Sub-Adviser under the Sub-Advisory Agreement.

204

BONDBLOXX ETF TRUST

Board Approval of Investment Advisory and Sub-Advisory Agreements (Unaudited) (Continued)

BondBloxx USD High Yield Bond Sector Rotation ETF

Performance. The Board took into consideration the professional experience and investment capabilities of the individuals from the Sub-Adviser who are expected to serve as senior portfolio managers to the Sector Rotation Fund. In addition, the Board considered the Sub-Adviser’s investment philosophy and portfolio construction process and the systems and tools the Sub-Adviser is expected to use to provide a program consisting of asset allocation advisory services to the Sector Rotation Fund. Based on the foregoing, the Board concluded that the Sub-Adviser is qualified to serve as sub-adviser of the Sector Rotation Fund.

Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation that BondBloxx is required to pay the Sub-Adviser under the Sub-Advisory Agreement, which compensation would be based on a percentage of the average daily net assets of the Fund. The Board took into account that under the Sub-Adviser Agreement, the Sub-Adviser will bear all expenses in connection with the performance of its services, excluding those costs of the Fund associated with brokerage activities. The Board noted BondBloxx’s view that the fees to be paid to the Sub-Adviser are priced at competitive levels. Based on the foregoing, the Board concluded that the Sector Rotation Fund’s sub-advisory fee is reasonable in view of the services to be received by the Sector Rotation Fund from the Sub-Adviser and the other factors considered.

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 the Sub-Adviser in connection with its provision of services to the Sector Rotation Fund pursuant to the Sub-Advisory Agreement. The Board noted potential benefits to the Sub-Adviser that could accrue as a result of the Sub-Adviser’s association with BondBloxx and the Sector Rotation Fund generally, including potential reputational benefits. Based upon the foregoing, the Board concluded that BondBloxx’s anticipated profitability from its relationship with the Sector Rotation Fund was reasonable.

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 terms of Agreements, including the compensation payable to BondBloxx under the Advisory Agreement and the compensation payable to the Sub-Adviser under the Sub-Advisory Agreement, were in the best interests of the Sector Rotation Fund and its shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the Agreements, each for an initial two-year period.

205

BONDBLOXX ETF TRUST

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 the Adviser 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 (“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.

Independent 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	20	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)	20	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)	20	Director, Ricochet Foundation (since 2018)
H. Michael Williams (62)	Trustee	2021–present	Retired; Educator, Director of Intercollegiate Athletics, University of California (2014–2018)	20	Director, The Spencer Foundation (since 2019)

206

BONDBLOXX ETF TRUST

Board of Trustees and Executive Officers (Unaudited) (Continued)

Interested Trustee

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	20	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)	Chief Compliance Officer, AML Compliance Officer	Senior Principal Consultant; Fund Chief Compliance Officer – ACA Global, LLC, since 2022; Chief Compliance Officer, Ashmore Funds (2017–2022); Chief Compliance Officer, Ashmore Investment Management (US) Corp. (2014–2022); Chief Compliance Officer, Ashmore Equities Investment Management (2015–2019).

207

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

208

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

ITEM 2. CODE OF ETHICS.

As of the period ended October 31, 2023, the Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer and principal financial officer, principal accounting officer or controller or persons performing similar functions. During the period covered by this report, there have been no changes to, amendments to or waivers from any provision of the code of ethics. The Registrant undertakes to provide a copy of the code of ethics to any person upon request, without charge, who calls 1-800-896-5089.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

The Board of Trustees of the Registrant has determined that Stephen A. Messinger possesses the attributes identified in Instruction (b) of Item 3 to Form N-CSR to qualify as an “audit committee financial expert,” and has designated Mr. Messinger as the Registrant’s audit committee financial expert. Mr. Messinger is an “independent” Trustee for purposes of Item 3 to Form N-CSR.

Under applicable securities laws, a person determined to be an audit committee financial expert will not be deemed an “expert” for any purpose, including without limitation for the purposes of Section 11 of the Securities Act of 1933, as a result of being designated or identified as an audit committee financial expert. The designation or identification of a person as an audit committee financial expert does not impose on such person any duties, obligations or liabilities greater than the duties, obligations and liabilities imposed on such person as a member of the audit committee and board of directors in the absence of such designation or identification. The designation or identification of a person as an audit committee financial expert does not affect the duties, obligations or liability of any other member of the audit committee or board of directors.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

The following fees paid to Cohen & Company, Ltd., the Registrant’s principal accounting firm (the “Auditor”), are for services rendered for each of the last two fiscal years ended October 31, 2023 and October 31, 2022, the Trust’s first two years of operation.

Audit Fees

The aggregate fees billed for each of the last two fiscal years ended October 31, 2023 and October 31, 2022, for professional services rendered by the Auditor for the audit of the Registrant’s annual financial statements, or services that are normally provided by the Auditor in connection with statutory and regulatory filings or engagements for each of the last two fiscal years, were $300,000 in 2023 and $285,000 in 2022.

Audit Related Fees

The aggregate fees billed for each of the last two fiscal years ended October 31, 2023 and October 31, 2022, for assurance and related services rendered to the Registrant by the Auditor that are reasonably related to the performance of the audit of the Registrant’s financial statements and are not reported under paragraph (a) of this Item were $0 in 2023 and $15,000 in 2022.

Tax Fees

The aggregate fees billed for each of the last two fiscal years ended October 31, 2023 and October 31, 2022, for professional services rendered to the Registrant by the Auditor for tax compliance, tax advice and tax planning were $70,000 in 2023 and $66,500 in 2022. These services consisted of (i) review or preparation of U.S. federal, state, local and excise tax returns; (ii) U.S. federal, state and local entity tax planning, advice and assistance regarding statutory, regulatory or administrative developments, and (iii) tax advice regarding tax qualification.

All Other Fees

The aggregate fees billed for each of the last two fiscal years ended October 31, 2023 and October 31, 2022, for products and services provided by the Auditor, other than the services reported in paragraphs (a) through (c) of this Item were $0 for 2023 and $0 for 2022.

(1)

Pursuant to the Registrant’s Audit Committee Charter that has been adopted by the audit committee, the audit committee shall (a) oversee the scope of the Trust’s audit, the Trust’s accounting and financial reporting policies and practices and its internal controls, and enhance the quality and objectivity of the audit function; (b) approve, and recommend to the Board Members for ratification, the selection, appointment, retention or termination of the Trust’s independent auditors, as well as approving the compensation thereof; and (c) approve all audit and non-audit services provided to the Trust and certain other persons by such independent auditors.

(2)

The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X, with respect to: Audit-Related Fees were 0% for 2023 and 0% for 2022; Tax Fees were 0% for 2023 and 0% for 2022; and Other Fees were 0% for 2023 and 0% for 2022.

Not applicable.

The aggregate non-audit fees billed by the Auditor for services rendered to the Registrant and rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant was $70,000 in 2023 and $66,500 in 2022.

The Registrant’s audit committee has considered and determined that the provision of non-audit services that were rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Not applicable.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

(a)

The Registrant is an issuer as defined in Section 10A-3 of the Securities Exchange Act of 1934 and has a separately designated standing Audit Committee in accordance with Section 3(a)(58)(A) of such Act. All the Board’s independent Trustees, Stephen A. Messinger, Allan C. Eberhart, David A. Lonergan and H. Michael Williams, are members of the Audit Committee.

(b)

Not applicable.

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) Code of Ethics – See Item 2.

(a)(2) A separate certification for each principal executive and principal financial officer of the Registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)) are attached hereto.

(b) Certifications pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.

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:	January 3, 2024

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:	January 3, 2024

BondBloxx ETF Trust

By:	/s/ Tony Kelly
	Tony Kelly
	Chief Financial Officer, Chief Accounting Officer, Vice President and Treasurer
	BondBloxx ETF Trust

Date:	January 3, 2024

BondBloxx ETF Trust N-CSRCertified annual shareholder report (management investment company)