UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-23731
BONDBLOXX ETF TRUST
(Exact name of registrant as specified in charter)
700 Larkspur Landing Circle, Suite 250, Larkspur, CA 94939
(Address of principal executive offices)(Zip code)
BondBloxx Investment Management Corporation
700 Larkspur Landing Circle, Suite 250,
Larkspur, CA 94939
(Name and address of agent for service)
Registrant’s telephone number, including area code: (800) 896-5089
Date of fiscal year end:
October 31
Date of reporting period:
April 30, 2024
ITEM 1. REPORTS TO STOCKHOLDERS.
| (a) | The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). |
BondBloxxSM ETF Trust
Semi-Annual Report
April 30, 2024
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 BB Rated USD High Yield Corporate Bond ETF | XBB | NYSE Arca
BondBloxx B Rated USD High Yield Corporate Bond ETF | XB | NYSE Arca
BondBloxx CCC Rated USD High Yield Corporate Bond ETF | XCCC | NYSE Arca
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | BBBS | NYSE Arca
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | BBBI | NYSE Arca
BondBloxx BBB Rated 10+ Year Corporate Bond ETF | BBBL | 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 IR+M Tax-Aware Short Duration ETF | TAXX | NYSE Arca
BondBloxx Investment Management Corporation | bondbloxxetf.com | 800.896.5089
Table of Contents
i
(THIS PAGE INTENTIONALLY LEFT BLANK)
Fund Expense Examples (Unaudited)
As a shareholder, you incur two types of costs: (1) transaction costs for purchasing and selling shares; and (2) ongoing costs, including management fees and other Fund expenses. The following examples are intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other funds. This example is intended to help you compare the cost of owning shares of the Fund with the cost of investing in other funds. The example assumes that you invest $1,000 in the Fund at the beginning of the period (November 1, 2023) or on date of Fund’s commencement of investment operations and held for the entire period until April 30, 2024. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.
Actual Expenses
The first line under each Fund in the tables below provides information about actual account values and actual expenses. You may use the information, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses paid during period” to estimate the expenses you paid on your account during this period.
Hypothetical Example for Comparison Purposes
The second line under each Fund in the tables below provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund with other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line under the Fund in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| Fund | Beginning Account Value 11/1/2023 | Ending Account Value | Annualized Expense Ratios for the Period | Expenses Paid During the Period(1) | |||||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Industrial Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,092.96 | 0.35% | $ | 1.82 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Telecom, Media & Technology Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,058.07 | 0.35% | $ | 1.79 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Healthcare Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,123.97 | 0.35% | $ | 1.85 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Financial & REIT Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,100.37 | 0.35% | $ | 1.83 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
1
BONDBLOXX ETF TRUST
Fund Expense Examples (Unaudited) (Continued)
| Fund | Beginning Account Value 11/1/2023 | Ending Account Value | Annualized Expense Ratios for the Period 4/30/2024 | Expenses Paid During the Period(1) 4/30/2024 | |||||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Energy Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,080.06 | 0.35% | $ | 1.81 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Consumer Cyclicals Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,092.62 | 0.35% | $ | 1.82 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Consumer Non-Cyclicals Sector ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,079.16 | 0.35% | $ | 1.81 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.12 | 0.35% | $ | 1.76 | ||||||||
| BondBloxx USD High Yield Bond | |||||||||||||||
| Sector Rotation ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,079.68 | 0.20% | $ | 1.03 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.87 | 0.20% | $ | 1.01 | ||||||||
| BondBloxx BB Rated USD High Yield | |||||||||||||||
| Corporate Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,082.03 | 0.20% | $ | 1.04 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.87 | 0.20% | $ | 1.01 | ||||||||
| BondBloxx B Rated USD High Yield | |||||||||||||||
| Corporate Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,086.20 | 0.30% | $ | 1.56 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.37 | 0.30% | $ | 1.51 | ||||||||
| BondBloxx CCC Rated USD High Yield | |||||||||||||||
| Corporate Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,118.66 | 0.40% | $ | 2.11 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.87 | 0.40% | $ | 2.01 | ||||||||
| Fund | Beginning Account Value 1/22/2024 | Ending Account Value | Annualized Expense Ratios for the Period 4/30/2024 | Expenses Paid During the Period(2) 4/30/2024 | |||||||||||
| BondBloxx BBB Rated 1-5 Year | |||||||||||||||
| Corporate Bond ETF(4) | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 999.39 | 0.19% | $ | 0.51 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,012.88 | 0.19% | $ | 0.51 | ||||||||
| BondBloxx BBB Rated 5-10 Year | |||||||||||||||
| Corporate Bond ETF(4) | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 987.34 | 0.19% | $ | 0.51 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,012.88 | 0.19% | $ | 0.51 | ||||||||
| BondBloxx BBB Rated 10+ Year | |||||||||||||||
| Corporate Bond ETF(4) | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 962.79 | 0.19% | $ | 0.50 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,012.88 | 0.19% | $ | 0.51 | ||||||||
2
BONDBLOXX ETF TRUST
Fund Expense Examples (Unaudited) (Continued)
| Fund | Beginning Account Value 11/1/2023 | Ending Account Value | Annualized Expense Ratios for the Period | Expenses Paid During the Period(1) | |||||||||||
| BondBloxx JP Morgan USD Emerging Markets | |||||||||||||||
| 1-10 Year Bond ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,094.53 | 0.29% | $ | 1.51 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.42 | 0.29% | $ | 1.46 | ||||||||
| BondBloxx Bloomberg Six Month | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,025.67 | 0.03% | $ | 0.15 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.71 | 0.03% | $ | 0.15 | ||||||||
| BondBloxx Bloomberg One Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,023.90 | 0.03% | $ | 0.15 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.71 | 0.03% | $ | 0.15 | ||||||||
| BondBloxx Bloomberg Two Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,020.56 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.61 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Three Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,021.01 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.61 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Five Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,029.47 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.61 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Seven Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,036.67 | 0.05% | $ | 0.25 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.61 | 0.05% | $ | 0.25 | ||||||||
| BondBloxx Bloomberg Ten Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,055.50 | 0.075% | $ | 0.38 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.49 | 0.075% | $ | 0.38 | ||||||||
| BondBloxx Bloomberg Twenty Year | |||||||||||||||
| Target Duration US Treasury ETF | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 1,090.90 | 0.125% | $ | 0.65 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,024.24 | 0.125% | $ | 0.63 | ||||||||
3
BONDBLOXX ETF TRUST
Fund Expense Examples (Unaudited) (Continued)
| Fund | Beginning Account Value 3/12/2024 | Ending Account Value 4/30/2024 | Annualized Expense Ratios for the Period 4/30/2024 | Expenses Paid During the Period(3) 4/30/2024 | |||||||||||
| BondBloxx IR+M Tax-Aware Short | |||||||||||||||
| Duration ETF(5) | |||||||||||||||
| Actual Expenses | $ | 1,000.00 | $ | 997.40 | 0.35% | $ | 0.46 | ||||||||
| Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,006.10 | 0.35% | $ | 0.46 | ||||||||
| (1) | Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by the 182 days in the period, then divided by 366. |
| (2) | Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by the 98 days in the period, then divided by 366. |
| (3) | Expenses are equal to the Fund’s annualized expense ratio, multiplied by the average account value over the period, multiplied by the 48 days in the period, then divided by 366. |
| (4) | The Funds commenced investment operations on January 22, 2024. |
| (5) | The Funds commenced investment operations on March 12, 2024. |
4
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.9% | ||||||||||||||
| ADVERTISING – 0.1% | ||||||||||||||
| Summer BC Bidco B LLC(1) | 5.50 | 10/31/26 | $ | 93,000 | $ | 88,885 | ||||||||
| AEROSPACE/DEFENSE – 8.4% | ||||||||||||||
| AAR Escrow Issuer LLC(1) | 6.75 | 03/15/29 | 115,000 | 115,765 | ||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 155,000 | 151,323 | ||||||||||
| Bombardier, Inc.(1) | 7.13 | 06/15/26 | 85,000 | 85,994 | ||||||||||
| Bombardier, Inc.(1) | 7.25 | 07/01/31 | 150,000 | 150,557 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 109,000 | 120,334 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 150,000 | 153,592 | ||||||||||
| Bombardier, Inc.(1) | 7.88 | 04/15/27 | 298,000 | 296,329 | ||||||||||
| Bombardier, Inc.(1) | 8.75 | 11/15/30 | 165,000 | 175,748 | ||||||||||
| F-Brasile SpA/F-Brasile US LLC(1) | 7.38 | 08/15/26 | 95,000 | 94,622 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 104,000 | 97,188 | ||||||||||
| Spirit AeroSystems, Inc. | 3.85 | 06/15/26 | 65,000 | 62,136 | ||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 145,000 | 133,763 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 176,000 | 190,568 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.75 | 11/15/30 | 250,000 | 276,874 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 249,000 | 228,347 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 140,000 | 128,925 | ||||||||||
| TransDigm, Inc. | 5.50 | 11/15/27 | 547,000 | 532,045 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 03/01/29 | 570,000 | 566,359 | ||||||||||
| TransDigm, Inc.(1) | 6.63 | 03/01/32 | 455,000 | 454,795 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 420,000 | 422,310 | ||||||||||
| TransDigm, Inc.(1) | 6.88 | 12/15/30 | 295,000 | 297,286 | ||||||||||
| TransDigm, Inc.(1) | 7.13 | 12/01/31 | 200,000 | 204,065 | ||||||||||
| Triumph Group, Inc.(1) | 9.00 | 03/15/28 | 214,000 | 221,855 | ||||||||||
| 5,160,780 | ||||||||||||||
| AIRLINES – 5.9% | ||||||||||||||
| Air Canada(1) | 3.88 | 08/15/26 | 247,000 | 234,518 | ||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 115,000 | 111,270 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 160,000 | 161,071 | ||||||||||
| American Airlines, Inc.(1) | 8.50 | 05/15/29 | 210,000 | 218,882 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.50 | 04/20/26 | 475,333 | 470,257 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 600,000 | 579,938 | ||||||||||
| Delta Air Lines, Inc. | 3.75 | 10/28/29 | 84,000 | 75,802 | ||||||||||
| Delta Air Lines, Inc. | 4.38 | 04/19/28 | 114,000 | 109,177 | ||||||||||
| Delta Air Lines, Inc. | 7.38 | 01/15/26 | 145,000 | 148,448 | ||||||||||
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.(1) | 5.75 | 01/20/26 | 248,000 | 232,855 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 113,000 | 88,340 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 115,000 | 89,903 | ||||||||||
| United Airlines, Inc.(1) | 4.38 | 04/15/26 | 403,000 | 388,010 | ||||||||||
| United Airlines, Inc.(1) | 4.63 | 04/15/29 | 399,000 | 368,133 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 6.38 | 02/01/30 | 190,000 | 147,294 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 7.88 | 05/01/27 | 105,000 | 93,485 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 9.50 | 06/01/28 | 105,000 | 94,139 | ||||||||||
| 3,611,522 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
5
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO MANUFACTURERS – 0.5% | ||||||||||||||
| JB Poindexter & Co., Inc.(1) | 8.75 | 12/15/31 | $ | 125,000 | $ | 127,878 | ||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 129,000 | 130,810 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 85,000 | 76,482 | ||||||||||
| 335,170 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.3% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 134,000 | 110,835 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 85,000 | 82,257 | ||||||||||
| 193,092 | ||||||||||||||
| BUILDING MATERIALS – 7.5% | ||||||||||||||
| AmeriTex Hold Co. Intermediate LLC(1) | 10.25 | 10/15/28 | 105,000 | 110,736 | ||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 85,000 | 78,044 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 268,000 | 233,651 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 112,000 | 104,967 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 146,000 | 144,608 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 03/01/34 | 195,000 | 191,625 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 140,000 | 137,768 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 67,000 | 56,829 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 7.00 | 12/01/28 | 98,000 | 88,402 | ||||||||||
| Eco Material Technologies, Inc.(1) | 7.88 | 01/31/27 | 129,000 | 130,062 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.63 | 12/15/30 | 570,000 | 565,605 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 191,000 | 184,121 | ||||||||||
| James Hardie International Finance DAC(1) | 5.00 | 01/15/28 | 85,000 | 81,783 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 85,000 | 80,763 | ||||||||||
| Knife River Corp.(1) | 7.75 | 05/01/31 | 80,000 | 83,171 | ||||||||||
| Louisiana-Pacific Corp.(1) | 3.63 | 03/15/29 | 77,000 | 69,010 | ||||||||||
| Masonite International Corp.(1) | 3.50 | 02/15/30 | 60,000 | 52,635 | ||||||||||
| Masonite International Corp.(1) | 5.38 | 02/01/28 | 110,000 | 110,974 | ||||||||||
| Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(1) | 6.75 | 04/01/32 | 135,000 | 134,157 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 108,000 | 97,921 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 122,000 | 114,715 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 120,000 | 115,576 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 227,000 | 219,803 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 8.88 | 11/15/31 | 225,000 | 237,128 | ||||||||||
| Standard Industries, Inc./NJ(1) | 3.38 | 01/15/31 | 217,000 | 177,951 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.38 | 07/15/30 | 340,000 | 301,399 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.75 | 01/15/28 | 208,000 | 196,366 | ||||||||||
| Standard Industries, Inc./NJ(1) | 5.00 | 02/15/27 | 165,000 | 159,072 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 5.25 | 01/15/29 | 137,000 | 131,775 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 6.50 | 03/15/27 | 65,000 | 65,101 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 7.25 | 01/15/31 | 165,000 | 169,630 | ||||||||||
| 4,625,348 | ||||||||||||||
| CHEMICALS – 10.3% | ||||||||||||||
| Ashland, Inc.(1) | 3.38 | 09/01/31 | 102,000 | 84,696 | ||||||||||
| Ashland, Inc. | 6.88 | 05/15/43 | 50,000 | 49,983 | ||||||||||
| ASP Unifrax Holdings, Inc.(1) | 5.25 | 09/30/28 | 175,000 | 105,622 | ||||||||||
| ASP Unifrax Holdings, Inc.(1) | 7.50 | 09/30/29 | 73,000 | 37,492 | ||||||||||
| Avient Corp.(1) | 5.75 | 05/15/25 | 130,000 | 129,475 | ||||||||||
The accompanying notes are an integral part of these financial statements.
6
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 10.3% (Continued) | ||||||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | $ | 150,000 | $ | 151,900 | ||||||||
| Axalta Coating Systems Dutch Holding B BV(1) | 7.25 | 02/15/31 | 100,000 | 102,112 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 152,000 | 132,970 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 95,000 | 91,236 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 130,000 | 111,526 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 88,000 | 83,358 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 170,000 | 156,328 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 115,000 | 107,417 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 165,000 | 148,688 | ||||||||||
| GPD Cos, Inc.(1) | 10.13 | 04/01/26 | 105,000 | 98,878 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 55,000 | 52,421 | ||||||||||
| HB Fuller Co. | 4.25 | 10/15/28 | 60,000 | 55,398 | ||||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 80,000 | 69,147 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 98,000 | 96,051 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 80,000 | 78,692 | ||||||||||
| INEOS Finance PLC(1) | 7.50 | 04/15/29 | 155,000 | 155,915 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 9.63 | 03/15/29 | 80,000 | 84,610 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 115,000 | 102,452 | ||||||||||
| Innophos Holdings, Inc.(1) | 9.38 | 02/15/28 | 60,000 | 51,954 | ||||||||||
| LSF11 A5 Hold Co. LLC(1) | 6.63 | 10/15/29 | 77,000 | 71,594 | ||||||||||
| Mativ Holdings, Inc.(1) | 6.88 | 10/01/26 | 70,000 | 69,273 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 130,000 | 125,160 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 165,000 | 156,555 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 55,000 | 46,595 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 85,000 | 80,704 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 136,000 | 113,968 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.00 | 05/01/25 | 95,000 | 93,377 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 198,000 | 186,469 | ||||||||||
| NOVA Chemicals Corp.(1) | 8.50 | 11/15/28 | 85,000 | 89,448 | ||||||||||
| NOVA Chemicals Corp.(1) | 9.00 | 02/15/30 | 130,000 | 134,114 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 70,000 | 64,244 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 100,000 | 93,420 | ||||||||||
| Olin Corp. | 5.13 | 09/15/27 | 106,000 | 102,439 | ||||||||||
| Olin Corp. | 5.63 | 08/01/29 | 132,000 | 127,370 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 165,000 | 148,850 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 75,000 | 67,660 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.13 | 10/01/27 | 60,000 | 60,826 | ||||||||||
| Olympus Water US Holding Corp.(1) | 9.75 | 11/15/28 | 360,000 | 382,453 | ||||||||||
| Polar US Borrower LLC/Schenectady International Group, Inc.(1) | 6.75 | 05/15/26 | 72,000 | 19,163 | ||||||||||
| Rain Carbon, Inc.(1) | 12.25 | 09/01/29 | 95,000 | 99,051 | ||||||||||
| Rayonier AM Products, Inc.(1) | 7.63 | 01/15/26 | 100,000 | 88,695 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 217,000 | 202,003 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 145,000 | 133,928 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 150,000 | 144,133 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 140,000 | 122,173 | ||||||||||
| SNF Group SACA(1) | 3.13 | 03/15/27 | 60,000 | 55,156 | ||||||||||
| SNF Group SACA(1) | 3.38 | 03/15/30 | 75,000 | 64,565 | ||||||||||
| TPC Group, Inc.(1) | 13.00 | 12/16/27 | 62,143 | 63,860 | ||||||||||
The accompanying notes are an integral part of these financial statements.
7
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 10.3% (Continued) | ||||||||||||||
| Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.(1) | 5.13 | 04/01/29 | $ | 85,000 | $ | 21,924 | ||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 212,000 | 189,362 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 155,000 | 144,049 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 163,000 | 154,911 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 238,000 | 213,353 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 60,000 | 60,875 | ||||||||||
| 6,330,041 | ||||||||||||||
| COAL – 0.2% | ||||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.(1) | 7.50 | 05/01/25 | 59,000 | 58,963 | ||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 104,000 | 91,954 | ||||||||||
| 150,917 | ||||||||||||||
| COMMERCIAL SERVICES – 13.6% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 201,000 | 181,847 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 145,000 | 129,232 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 85,000 | 80,623 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 6.13 | 10/15/26 | 123,000 | 120,858 | ||||||||||
| Albion Financing 2 Sarl(1) | 8.75 | 04/15/27 | 85,000 | 85,424 | ||||||||||
| Allied Universal Holdco LLC(1) | 7.88 | 02/15/31 | 205,000 | 205,709 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | 195,000 | 165,741 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.63 | 07/15/26 | 202,000 | 201,671 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 9.75 | 07/15/27 | 215,000 | 214,418 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 249,000 | 223,936 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 150,000 | 134,716 | ||||||||||
| Alta Equipment Group, Inc.(1) | 5.63 | 04/15/26 | 65,000 | 62,680 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 65,000 | 57,374 | ||||||||||
| APi Group DE, Inc.(1) | 4.75 | 10/15/29 | 64,000 | 58,449 | ||||||||||
| Aptim Corp.(1) | 7.75 | 06/15/25 | 100,000 | 99,385 | ||||||||||
| APX Group, Inc.(1) | 5.75 | 07/15/29 | 175,000 | 162,927 | ||||||||||
| APX Group, Inc.(1) | 6.75 | 02/15/27 | 115,000 | 114,340 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 4.75 | 04/01/28 | 130,000 | 115,069 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 122,000 | 108,645 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 55,000 | 52,046 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 75,000 | 71,338 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.00 | 02/15/31 | 100,000 | 95,841 | ||||||||||
| Brink's Co.(1) | 4.63 | 10/15/27 | 121,000 | 113,838 | ||||||||||
| Brink's Co.(1) | 5.50 | 07/15/25 | 85,000 | 84,369 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/29 | 100,000 | 103,413 | ||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 155,000 | 134,248 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 130,000 | 124,032 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 95,000 | 84,080 | ||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | 80,000 | 80,959 | ||||||||||
| Garda World Security Corp.(1) | 9.50 | 11/01/27 | 120,000 | 119,553 | ||||||||||
| Graham Holdings Co.(1) | 5.75 | 06/01/26 | 85,000 | 84,275 | ||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | 75,000 | 66,931 | ||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 248,000 | 241,106 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 105,000 | 81,437 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 205,000 | 140,969 | ||||||||||
The accompanying notes are an integral part of these financial statements.
8
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMMERCIAL SERVICES – 13.6% (Continued) | ||||||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | $ | 85,000 | $ | 80,676 | ||||||||
| Matthews International Corp.(1) | 5.25 | 12/01/25 | 60,000 | 58,782 | ||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | 533,000 | 503,592 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 181,000 | 168,681 | ||||||||||
| Port of Newcastle Investments Financing Pty Ltd.(1) | 5.90 | 11/24/31 | 55,000 | 50,162 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 200,000 | 182,334 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 5.75 | 04/15/26 | 283,000 | 279,694 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 6.25 | 01/15/28 | 265,000 | 259,113 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 65,000 | 49,986 | ||||||||||
| Sotheby's(1) | 7.38 | 10/15/27 | 153,000 | 142,718 | ||||||||||
| Sotheby's/Bidfair Holdings, Inc.(1) | 5.88 | 06/01/29 | 65,000 | 54,265 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 103,000 | 90,276 | ||||||||||
| TriNet Group, Inc.(1) | 7.13 | 08/15/31 | 80,000 | 80,471 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 134,000 | 114,594 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 160,000 | 149,560 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 237,000 | 208,010 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 153,000 | 136,502 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 335,000 | 321,424 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 165,000 | 158,439 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 96,000 | 94,692 | ||||||||||
| United Rentals North America, Inc.(1) | 6.13 | 03/15/34 | 235,000 | 229,744 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 102,000 | 85,894 | ||||||||||
| VT Topco, Inc.(1) | 8.50 | 08/15/30 | 105,000 | 108,764 | ||||||||||
| WASH Multifamily Acquisition, Inc.(1) | 5.75 | 04/15/26 | 165,000 | 160,136 | ||||||||||
| Williams Scotsman, Inc.(1) | 4.63 | 08/15/28 | 95,000 | 87,792 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.13 | 06/15/25 | 110,000 | 109,705 | ||||||||||
| Williams Scotsman, Inc.(1) | 7.38 | 10/01/31 | 105,000 | 107,331 | ||||||||||
| WW International, Inc.(1) | 4.50 | 04/15/29 | 105,000 | 44,021 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 115,000 | 101,285 | ||||||||||
| 8,420,122 | ||||||||||||||
| COMPUTERS – 0.7% | ||||||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 114,000 | 106,489 | ||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 109,000 | 98,742 | ||||||||||
| Crane NXT Co. | 4.20 | 03/15/48 | 65,000 | 44,655 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 50,000 | 46,708 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 75,000 | 70,869 | ||||||||||
| Tempo Acquisition LLC/Tempo Acquisition Finance Corp.(1) | 5.75 | 06/01/25 | 60,000 | 59,799 | ||||||||||
| 427,262 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 1.9% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | 80,000 | 70,183 | ||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 148,000 | 136,365 | ||||||||||
| BCPE Empire Holdings, Inc.(1) | 7.63 | 05/01/27 | 135,000 | 131,519 | ||||||||||
| H&E Equipment Services, Inc.(1) | 3.88 | 12/15/28 | 260,000 | 230,353 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 6.75 | 03/15/28 | 110,000 | 111,177 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 7.75 | 03/15/31 | 165,000 | 171,332 | ||||||||||
| Verde Purchaser LLC(1) | 10.50 | 11/30/30 | 140,000 | 147,647 | ||||||||||
| Windsor Holdings III LLC(1) | 8.50 | 06/15/30 | 165,000 | 172,058 | ||||||||||
| 1,170,634 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
9
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 0.4% | ||||||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | $ | 155,000 | $ | 147,063 | ||||||||
| Pike Corp.(1) | 8.63 | 01/31/31 | 75,000 | 78,662 | ||||||||||
| 225,725 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.7% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 60,000 | 56,411 | ||||||||||
| EnerSys(1) | 6.63 | 01/15/32 | 60,000 | 59,828 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/29 | 185,000 | 184,010 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.63 | 03/15/32 | 165,000 | 164,434 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.13 | 06/15/25 | 318,000 | 318,531 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 260,000 | 264,361 | ||||||||||
| 1,047,575 | ||||||||||||||
| ELECTRONICS – 1.3% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 83,000 | 73,000 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.63 | 05/15/32 | 125,000 | 127,334 | ||||||||||
| EquipmentShare.com, Inc.(1) | 9.00 | 05/15/28 | 215,000 | 220,983 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 410,000 | 377,865 | ||||||||||
| 799,182 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 2.7% | ||||||||||||||
| AECOM | 5.13 | 03/15/27 | 207,000 | 201,266 | ||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 85,000 | 77,470 | ||||||||||
| Artera Services LLC(1) | 8.50 | 02/15/31 | 125,000 | 128,004 | ||||||||||
| Brand Industrial Services, Inc.(1) | 10.38 | 08/01/30 | 275,000 | 295,446 | ||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 6.00 | 02/01/26 | 75,000 | 73,893 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 95,000 | 87,749 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 125,000 | 116,724 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 80,000 | 71,957 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 7.50 | 04/15/32 | 64,000 | 61,450 | ||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 60,000 | 50,439 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 62,000 | 61,983 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 80,000 | 71,893 | ||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 100,000 | 86,669 | ||||||||||
| Tutor Perini Corp.(1) | 6.88 | 05/01/25 | 105,000 | 105,000 | ||||||||||
| Tutor Perini Corp.(1) | 11.88 | 04/30/29 | 100,000 | 102,570 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 80,000 | 73,241 | ||||||||||
| 1,665,754 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 3.5% | ||||||||||||||
| Clean Harbors, Inc.(1) | 4.88 | 07/15/27 | 95,000 | 91,592 | ||||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 60,000 | 57,230 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 120,000 | 118,997 | ||||||||||
| Covanta Holding Corp.(1) | 4.88 | 12/01/29 | 155,000 | 136,032 | ||||||||||
| Covanta Holding Corp. | 5.00 | 09/01/30 | 83,000 | 71,800 | ||||||||||
| Enviri Corp.(1) | 5.75 | 07/31/27 | 100,000 | 93,638 | ||||||||||
| GFL Environmental, Inc.(1) | 3.50 | 09/01/28 | 165,000 | 148,498 | ||||||||||
| GFL Environmental, Inc.(1) | 3.75 | 08/01/25 | 176,000 | 171,336 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 135,000 | 122,503 | ||||||||||
| GFL Environmental, Inc.(1) | 4.25 | 06/01/25 | 100,000 | 98,657 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 117,000 | 105,718 | ||||||||||
The accompanying notes are an integral part of these financial statements.
10
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENVIRONMENTAL CONTROL – 3.5% (Continued) | ||||||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | $ | 143,000 | $ | 132,078 | ||||||||
| GFL Environmental, Inc.(1) | 5.13 | 12/15/26 | 100,000 | 97,488 | ||||||||||
| GFL Environmental, Inc.(1) | 6.75 | 01/15/31 | 195,000 | 196,820 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 135,000 | 125,353 | ||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | 216,000 | 200,571 | ||||||||||
| Stericycle, Inc.(1) | 3.88 | 01/15/29 | 95,000 | 84,627 | ||||||||||
| Waste Pro USA, Inc.(1) | 5.50 | 02/15/26 | 100,000 | 97,926 | ||||||||||
| 2,150,864 | ||||||||||||||
| FOOD SERVICE – 0.7% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 231,000 | 219,540 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 85,000 | 80,318 | ||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 132,000 | 126,413 | ||||||||||
| 426,271 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.8% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 65,000 | 59,932 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 135,000 | 118,030 | ||||||||||
| Glatfelter Corp.(1) | 4.75 | 11/15/29 | 103,000 | 86,654 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 180,000 | 157,400 | ||||||||||
| Mercer International, Inc. | 5.50 | 01/15/26 | 60,000 | 58,325 | ||||||||||
| 480,341 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Werner FinCo LP/Werner FinCo, Inc.(1) | 11.50 | 06/15/28 | 80,000 | 87,354 | ||||||||||
| HOLDING COMPANIES-DIVERS – 0.4% | ||||||||||||||
| Stena International SA(1) | 7.25 | 01/15/31 | 140,000 | 140,245 | ||||||||||
| Stena International SA(1) | 7.63 | 02/15/31 | 85,000 | 85,995 | ||||||||||
| 226,240 | ||||||||||||||
| HOME BUILDERS – 4.2% | ||||||||||||||
| Adams Homes, Inc.(1) | 9.25 | 10/15/28 | 50,000 | 51,677 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 71,000 | 64,287 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 85,000 | 76,044 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 6.63 | 01/15/28 | 50,000 | 49,884 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 70,000 | 68,051 | ||||||||||
| Beazer Homes USA, Inc. | 7.25 | 10/15/29 | 74,000 | 73,355 | ||||||||||
| Beazer Homes USA, Inc.(1) | 7.50 | 03/15/31 | 55,000 | 54,432 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 120,000 | 103,968 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 5.00 | 06/15/29 | 60,000 | 53,185 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 120,000 | 115,504 | ||||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 100,000 | 87,423 | ||||||||||
| Century Communities, Inc. | 6.75 | 06/01/27 | 105,000 | 105,300 | ||||||||||
| Dream Finders Homes, Inc.(1) | 8.25 | 08/15/28 | 70,000 | 72,176 | ||||||||||
| Empire Communities Corp.(1) | 9.75 | 05/01/29 | 100,000 | 102,053 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 62,000 | 60,214 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 78,000 | 67,815 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 75,000 | 69,726 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 49,000 | 50,167 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 72,000 | 73,792 | ||||||||||
The accompanying notes are an integral part of these financial statements.
11
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOME BUILDERS – 4.2% (Continued) | ||||||||||||||
| Landsea Homes Corp.(1) | 8.88 | 04/01/29 | $ | 65,000 | $ | 63,849 | ||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 62,000 | 53,233 | ||||||||||
| LGI Homes, Inc.(1) | 8.75 | 12/15/28 | 80,000 | 83,267 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 60,000 | 52,103 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 85,000 | 80,596 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 117,000 | 104,893 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 105,000 | 100,625 | ||||||||||
| New Home Co., Inc.(1) | 9.25 | 10/01/29 | 75,000 | 75,306 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 85,000 | 79,881 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 60,000 | 55,098 | ||||||||||
| STL Holding Co. LLC(1) | 8.75 | 02/15/29 | 60,000 | 61,710 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 103,000 | 96,012 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 83,000 | 80,774 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 105,000 | 103,470 | ||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 60,000 | 57,805 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 70,000 | 67,816 | ||||||||||
| 2,615,491 | ||||||||||||||
| INTERNET – 1.0% | ||||||||||||||
| Uber Technologies, Inc.(1) | 4.50 | 08/15/29 | 305,000 | 284,709 | ||||||||||
| Uber Technologies, Inc.(1) | 6.25 | 01/15/28 | 105,000 | 105,047 | ||||||||||
| Uber Technologies, Inc.(1) | 7.50 | 09/15/27 | 242,000 | 246,601 | ||||||||||
| 636,357 | ||||||||||||||
| IRON/STEEL – 3.9% | ||||||||||||||
| Algoma Steel, Inc.(1) | 9.13 | 04/15/29 | 75,000 | 74,156 | ||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 67,000 | 62,459 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 65,000 | 59,299 | ||||||||||
| ATI, Inc. | 5.88 | 12/01/27 | 70,000 | 68,640 | ||||||||||
| ATI, Inc. | 7.25 | 08/15/30 | 90,000 | 92,167 | ||||||||||
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP(1) | 8.75 | 07/15/26 | 120,000 | 110,443 | ||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 145,000 | 144,626 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 85,000 | 84,642 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 60,000 | 61,197 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 55,000 | 50,955 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 70,000 | 61,406 | ||||||||||
| Cleveland-Cliffs, Inc. | 5.88 | 06/01/27 | 130,000 | 128,745 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 160,000 | 156,439 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.00 | 03/15/32 | 165,000 | 161,351 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 65,000 | 56,628 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 64,000 | 57,371 | ||||||||||
| Commercial Metals Co. | 4.38 | 03/15/32 | 55,000 | 48,604 | ||||||||||
| Infrabuild Australia Pty Ltd.(1) | 14.50 | 11/15/28 | 65,000 | 67,160 | ||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | 120,000 | 121,507 | ||||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 155,000 | 156,644 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 122,000 | 125,102 | ||||||||||
| Mineral Resources Ltd.(1) | 9.25 | 10/01/28 | 230,000 | 241,405 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 67,000 | 61,814 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 50,000 | 49,256 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 96,000 | 96,235 | ||||||||||
| 2,398,251 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
12
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.5% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | $ | 80,000 | $ | 73,166 | ||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 80,000 | 72,966 | ||||||||||
| Manitowoc Co., Inc.(1) | 9.00 | 04/01/26 | 60,000 | 60,238 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 125,000 | 117,052 | ||||||||||
| 323,422 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 2.8% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 70,000 | 63,010 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 308,000 | 315,409 | ||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 95,000 | 102,082 | ||||||||||
| Esab Corp.(1) | 6.25 | 04/15/29 | 150,000 | 149,625 | ||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/15/28 | 95,000 | 61,278 | ||||||||||
| GrafTech Global Enterprises, Inc.(1) | 9.88 | 12/15/28 | 90,000 | 67,775 | ||||||||||
| Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC(1) | 9.00 | 02/15/29 | 210,000 | 216,425 | ||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 11.50 | 09/01/28 | 105,000 | 111,336 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 93,000 | 84,237 | ||||||||||
| OT Merger Corp.(1) | 7.88 | 10/15/29 | 62,000 | 40,560 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 103,000 | 105,549 | ||||||||||
| TK Elevator Holdco GmbH(1) | 7.63 | 07/15/28 | 75,000 | 73,582 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 320,000 | 306,441 | ||||||||||
| 1,697,309 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.8% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 70,000 | 67,859 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 110,000 | 109,458 | ||||||||||
| Park-Ohio Industries, Inc. | 6.63 | 04/15/27 | 65,000 | 61,824 | ||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 105,000 | 95,027 | ||||||||||
| Vallourec SACA(1) | 7.50 | 04/15/32 | 175,000 | 176,650 | ||||||||||
| 510,818 | ||||||||||||||
| MINING – 5.6% | ||||||||||||||
| Alcoa Nederland Holding BV(1) | 4.13 | 03/31/29 | 110,000 | 100,657 | ||||||||||
| Alcoa Nederland Holding BV(1) | 5.50 | 12/15/27 | 160,000 | 157,409 | ||||||||||
| Alcoa Nederland Holding BV(1) | 6.13 | 05/15/28 | 100,000 | 99,416 | ||||||||||
| Alcoa Nederland Holding BV(1) | 7.13 | 03/15/31 | 145,000 | 146,850 | ||||||||||
| Arsenal AIC Parent LLC(1) | 8.00 | 10/01/30 | 135,000 | 140,726 | ||||||||||
| Arsenal AIC Parent LLC(1) | 11.50 | 10/01/31 | 110,000 | 122,621 | ||||||||||
| Century Aluminum Co.(1) | 7.50 | 04/01/28 | 50,000 | 49,680 | ||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 63,000 | 58,991 | ||||||||||
| Compass Minerals International, Inc.(1) | 6.75 | 12/01/27 | 94,000 | 88,260 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 115,000 | 102,085 | ||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | 65,000 | 62,803 | ||||||||||
| Constellium SE(1) | 5.88 | 02/15/26 | 40,000 | 39,671 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 103,000 | 97,119 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.38 | 04/01/31 | 305,000 | 268,849 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.50 | 09/15/27 | 120,000 | 113,295 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.88 | 04/15/30 | 160,000 | 153,986 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 6.13 | 04/15/32 | 150,000 | 145,412 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 98,000 | 97,700 | ||||||||||
| Hudbay Minerals, Inc.(1) | 4.50 | 04/01/26 | 122,000 | 118,125 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 125,000 | 122,499 | ||||||||||
The accompanying notes are an integral part of these financial statements.
13
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MINING – 5.6% (Continued) | ||||||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | $ | 93,000 | $ | 86,075 | ||||||||
| JW Aluminum Continuous Cast Co.(1) | 10.25 | 06/01/26 | 57,000 | 57,698 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 111,000 | 97,353 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 95,000 | 88,560 | ||||||||||
| New Gold, Inc.(1) | 7.50 | 07/15/27 | 83,000 | 82,568 | ||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 145,000 | 135,726 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 157,000 | 133,112 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 333,000 | 305,018 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 7.50 | 04/26/29 | 75,000 | 75,827 | ||||||||||
| Taseko Mines Ltd.(1) | 8.25 | 05/01/30 | 100,000 | 101,723 | ||||||||||
| 3,449,814 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 1.8% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 85,000 | 76,588 | ||||||||||
| Amsted Industries, Inc.(1) | 5.63 | 07/01/27 | 77,000 | 74,941 | ||||||||||
| Calderys Financing LLC(1) | 11.25 | 06/01/28 | 110,000 | 116,933 | ||||||||||
| Enpro, Inc. | 5.75 | 10/15/26 | 70,000 | 69,119 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 163,000 | 162,028 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 92,000 | 91,286 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 65,000 | 55,701 | ||||||||||
| Hillenbrand, Inc. | 5.00 | 09/15/26 | 85,000 | 83,106 | ||||||||||
| Hillenbrand, Inc. | 5.75 | 06/15/25 | 85,000 | 84,625 | ||||||||||
| Hillenbrand, Inc. | 6.25 | 02/15/29 | 100,000 | 99,341 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 115,000 | 109,137 | ||||||||||
| Trinity Industries, Inc.(1) | 7.75 | 07/15/28 | 85,000 | 86,925 | ||||||||||
| 1,109,730 | ||||||||||||||
| OFFICE FURNISHINGS – 0.2% | ||||||||||||||
| Interface, Inc.(1) | 5.50 | 12/01/28 | 62,000 | 58,202 | ||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 88,000 | 82,420 | ||||||||||
| 140,622 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 75,000 | 67,666 | ||||||||||
| Pitney Bowes, Inc.(1) | 7.25 | 03/15/29 | 70,000 | 60,012 | ||||||||||
| 127,678 | ||||||||||||||
| PACKAGING & CONTAINERS – 9.8% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 120,000 | 104,075 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 220,000 | 181,553 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 125,000 | 121,305 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 4.13 | 08/15/26 | 255,000 | 212,770 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 04/30/25 | 133,000 | 131,830 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 155,000 | 79,211 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 211,000 | 107,829 | ||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 260,000 | 217,349 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 195,000 | 162,183 | ||||||||||
| Ball Corp. | 6.00 | 06/15/29 | 200,000 | 199,257 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 155,000 | 157,594 | ||||||||||
| Berry Global, Inc.(1) | 4.50 | 02/15/26 | 65,000 | 63,224 | ||||||||||
| Berry Global, Inc.(1) | 5.63 | 07/15/27 | 100,000 | 97,631 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 95,000 | 89,199 | ||||||||||
The accompanying notes are an integral part of these financial statements.
14
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 9.8% (Continued) | ||||||||||||||
| Clearwater Paper Corp.(1) | 4.75 | 08/15/28 | $ | 60,000 | $ | 54,607 | ||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 95,000 | 94,864 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 236,000 | 228,305 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 99,000 | 94,451 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp.V | 4.25 | 09/30/26 | 85,000 | 81,517 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp.VI | 4.75 | 02/01/26 | 180,000 | 176,315 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 70,000 | 72,311 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 104,000 | 94,051 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 85,000 | 77,117 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/01/29 | 85,000 | 75,578 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 85,000 | 74,053 | ||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | 57,000 | 54,531 | ||||||||||
| Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC(1) | 6.00 | 09/15/28 | 140,000 | 133,807 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 80,000 | 70,991 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 04/15/27 | 535,000 | 545,700 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 275,000 | 269,801 | ||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 65,000 | 59,435 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.38 | 08/15/25 | 75,000 | 75,359 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 140,000 | 140,032 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.25 | 05/15/31 | 125,000 | 125,347 | ||||||||||
| Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc.(1) | 4.38 | 10/15/28 | 105,000 | 96,740 | ||||||||||
| Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC(1) | 4.00 | 10/15/27 | 200,000 | 185,757 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 90,000 | 83,348 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 90,000 | 85,016 | ||||||||||
| Sealed Air Corp.(1) | 5.50 | 09/15/25 | 78,000 | 77,621 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 95,000 | 95,747 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 152,000 | 150,304 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 7.25 | 02/15/31 | 85,000 | 86,639 | ||||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 120,000 | 112,160 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 12.75 | 12/31/28 | 130,000 | 140,844 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 88,000 | 79,086 | ||||||||||
| Trivium Packaging Finance BV(1) | 5.50 | 08/15/26 | 221,000 | 217,408 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.50 | 08/15/27 | 140,000 | 138,787 | ||||||||||
| 6,072,639 | ||||||||||||||
| RETAIL – 3.3% | ||||||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.13 | 05/15/29 | 69,000 | 61,684 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.50 | 11/15/26 | 70,000 | 67,218 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 6.50 | 08/01/30 | 120,000 | 119,891 | ||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 62,000 | 59,049 | ||||||||||
| Foundation Building Materials, Inc.(1) | 6.00 | 03/01/29 | 83,000 | 73,223 | ||||||||||
| GYP Holdings III Corp.(1) | 4.63 | 05/01/29 | 70,000 | 65,015 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 150,000 | 137,837 | ||||||||||
| Park River Holdings, Inc.(1) | 5.63 | 02/01/29 | 65,000 | 53,568 | ||||||||||
| Park River Holdings, Inc.(1) | 6.75 | 08/01/29 | 55,000 | 47,331 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 70,000 | 63,709 | ||||||||||
| Patrick Industries, Inc.(1) | 7.50 | 10/15/27 | 65,000 | 65,840 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 6.38 | 09/30/26 | 145,000 | 143,301 | ||||||||||
| SRS Distribution, Inc.(1) | 4.63 | 07/01/28 | 128,000 | 127,630 | ||||||||||
The accompanying notes are an integral part of these financial statements.
15
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 3.3% (Continued) | ||||||||||||||
| SRS Distribution, Inc.(1) | 6.00 | 12/01/29 | $ | 175,000 | $ | 177,557 | ||||||||
| SRS Distribution, Inc.(1) | 6.13 | 07/01/29 | 90,000 | 91,419 | ||||||||||
| Staples, Inc.(1) | 7.50 | 04/15/26 | 405,000 | 390,836 | ||||||||||
| Staples, Inc.(1) | 10.75 | 04/15/27 | 200,000 | 184,241 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 130,000 | 125,749 | ||||||||||
| 2,055,098 | ||||||||||||||
| SOFTWARE – 0.9% | ||||||||||||||
| Camelot Finance SA(1) | 4.50 | 11/01/26 | 140,000 | 133,453 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 185,000 | 168,627 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 190,000 | 173,231 | ||||||||||
| Dun & Bradstreet Corp.(1) | 5.00 | 12/15/29 | 98,000 | 89,338 | ||||||||||
| 564,649 | ||||||||||||||
| TRANSPORTATION – 1.9% | ||||||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 62,000 | 55,181 | ||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 55,000 | 55,743 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 130,000 | 113,816 | ||||||||||
| Genesee & Wyoming, Inc.(1) | 6.25 | 04/15/32 | 150,000 | 149,271 | ||||||||||
| GN Bondco LLC(1) | 9.50 | 10/15/31 | 145,000 | 139,383 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 165,000 | 163,394 | ||||||||||
| RXO, Inc.(1) | 7.50 | 11/15/27 | 75,000 | 76,156 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 6.50 | 06/15/27 | 125,000 | 123,560 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 65,000 | 66,181 | ||||||||||
| XPO, Inc.(1) | 7.13 | 06/01/31 | 90,000 | 90,553 | ||||||||||
| XPO, Inc.(1) | 7.13 | 02/01/32 | 125,000 | 125,842 | ||||||||||
| 1,159,080 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $60,151,771) | 60,484,037 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.8% | ||||||||||||||
| TIME DEPOSITS – 1.8% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 4.67 | 05/01/24 | 1,096,119 | 1,096,119 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,096,119) | 1,096,119 | |||||||||||||
| TOTAL INVESTMENTS – 99.7% (Cost - $61,247,890) | $ | 61,580,156 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.3% | 168,304 | |||||||||||||
| NET ASSETS – 100.0% | $ | 61,748,460 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $52,162,680 and represents 84.5% 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.
16
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| ADVERTISING – 3.5% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 105,000 | $ | 97,809 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 5.13 | 08/15/27 | 175,000 | 162,371 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | 155,000 | 125,051 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 135,000 | 114,581 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.88 | 04/01/30 | 125,000 | 122,650 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 9.00 | 09/15/28 | 115,000 | 118,341 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 12/15/27 | 132,000 | 72,143 | ||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | 87,000 | 74,461 | ||||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 82,000 | 75,760 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 80,000 | 71,472 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 50,000 | 47,421 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 162,000 | 145,197 | ||||||||||
| 1,227,257 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 1.5% | ||||||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.25 | 05/15/26 | 131,000 | 130,963 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/25 | 60,000 | 60,077 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 110,000 | 110,336 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 8.50 | 05/15/27 | 230,000 | 230,734 | ||||||||||
| 532,110 | ||||||||||||||
| COMMERCIAL SERVICES – 0.5% | ||||||||||||||
| Cimpress PLC | 7.00 | 06/15/26 | 77,000 | 76,480 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 65,000 | 58,535 | ||||||||||
| RR Donnelley & Sons Co.(1) | 9.75 | 07/31/28 | 35,000 | 38,220 | ||||||||||
| 173,235 | ||||||||||||||
| COMPUTERS – 6.5% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 52,000 | 47,313 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 105,000 | 92,349 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 288,000 | 267,038 | ||||||||||
| NCR Atleos Corp.(1) | 9.50 | 04/01/29 | 190,000 | 202,143 | ||||||||||
| NCR Voyix Corp.(1) | 5.00 | 10/01/28 | 100,000 | 92,190 | ||||||||||
| NCR Voyix Corp.(1) | 5.13 | 04/15/29 | 162,000 | 149,028 | ||||||||||
| NCR Voyix Corp.(1) | 5.25 | 10/01/30 | 65,000 | 57,963 | ||||||||||
| Presidio Holdings, Inc.(1) | 4.88 | 02/01/27 | 75,000 | 75,146 | ||||||||||
| Presidio Holdings, Inc.(1) | 8.25 | 02/01/28 | 77,000 | 77,932 | ||||||||||
| Seagate HDD Cayman | 4.09 | 06/01/29 | 77,000 | 70,134 | ||||||||||
| Seagate HDD Cayman | 4.13 | 01/15/31 | 42,000 | 36,498 | ||||||||||
| Seagate HDD Cayman | 4.88 | 06/01/27 | 75,000 | 72,515 | ||||||||||
| Seagate HDD Cayman | 5.75 | 12/01/34 | 70,000 | 66,431 | ||||||||||
| Seagate HDD Cayman(1) | 8.25 | 12/15/29 | 65,000 | 69,143 | ||||||||||
| Seagate HDD Cayman(1) | 8.50 | 07/15/31 | 75,000 | 80,145 | ||||||||||
| Seagate HDD Cayman | 9.63 | 12/01/32 | 97,800 | 109,783 | ||||||||||
| Unisys Corp.(1) | 6.88 | 11/01/27 | 75,000 | 64,750 | ||||||||||
| Vericast Corp.(1) | 11.00 | 09/15/26 | 177,000 | 190,275 | ||||||||||
| Vericast Corp.(1) | 12.50 | 12/15/27 | 50,000 | 57,241 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 52,000 | 46,904 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 333,000 | 324,298 | ||||||||||
| 2,249,219 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
17
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRONICS – 1.9% | ||||||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | $ | 147,000 | $ | 135,794 | ||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 135,000 | 120,993 | ||||||||||
| Sensata Technologies BV(1) | 5.00 | 10/01/25 | 100,000 | 98,803 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 70,000 | 67,617 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 115,000 | 97,294 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 65,000 | 58,265 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 75,000 | 67,145 | ||||||||||
| 645,911 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.5% | ||||||||||||||
ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Partners Peru(1) | 4.05 | 04/27/26 | 45,000 | 41,885 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.00 | 12/18/25 | 92,000 | 91,949 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 45,000 | 42,394 | ||||||||||
| 176,228 | ||||||||||||||
| ENTERTAINMENT – 1.2% | ||||||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 95,000 | 45,027 | ||||||||||
| Banijay Entertainment SASU(1) | 8.13 | 05/01/29 | 60,000 | 61,444 | ||||||||||
| Lions Gate Capital Holdings LLC(1) | 5.50 | 04/15/29 | 107,000 | 81,639 | ||||||||||
| WMG Acquisition Corp.(1) | 3.00 | 02/15/31 | 130,000 | 108,031 | ||||||||||
| WMG Acquisition Corp.(1) | 3.75 | 12/01/29 | 69,000 | 60,749 | ||||||||||
| WMG Acquisition Corp.(1) | 3.88 | 07/15/30 | 70,000 | 61,089 | ||||||||||
| 417,979 | ||||||||||||||
| INTERNET – 4.9% | ||||||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 70,000 | 59,248 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 140,000 | 120,183 | ||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 70,000 | 56,999 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 60,000 | 52,994 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 70,000 | 56,551 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 60,000 | 57,409 | ||||||||||
| Cogent Communications Group, Inc.(1) | 3.50 | 05/01/26 | 77,000 | 72,472 | ||||||||||
| Cogent Communications Group, Inc.(1) | 7.00 | 06/15/27 | 60,000 | 59,294 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 130,000 | 130,593 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 85,000 | 85,941 | ||||||||||
| Getty Images, Inc.(1) | 9.75 | 03/01/27 | 40,000 | 40,225 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 110,000 | 97,658 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 95,000 | 91,811 | ||||||||||
| ION Trading Technologies Sarl(1) | 5.75 | 05/15/28 | 70,000 | 64,006 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 67,000 | 55,379 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 85,000 | 73,689 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 58,000 | 53,631 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 75,000 | 71,083 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 45,000 | 42,850 | ||||||||||
| Millennium Escrow Corp.(1) | 6.63 | 08/01/26 | 115,000 | 66,103 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 70,000 | 52,551 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 11.75 | 10/15/28 | 75,000 | 80,645 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 10.75 | 06/01/28 | 40,000 | 41,199 | ||||||||||
The accompanying notes are an integral part of these financial statements.
18
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INTERNET – 4.9% (Continued) | ||||||||||||||
| TripAdvisor, Inc.(1) | 7.00 | 07/15/25 | $ | 70,000 | $ | 70,092 | ||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 70,000 | 61,056 | ||||||||||
| 1,713,662 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.3% | ||||||||||||||
| Vertiv Group Corp.(1) | 4.13 | 11/15/28 | 120,000 | 111,245 | ||||||||||
| MEDIA – 39.5% | ||||||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 165,000 | 130,401 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 292,000 | 217,322 | ||||||||||
| Altice Financing SA(1) | 9.63 | 07/15/27 | 60,000 | 56,479 | ||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 157,000 | 106,428 | ||||||||||
| AMC Networks, Inc.(1) | 10.25 | 01/15/29 | 115,000 | 114,898 | ||||||||||
| Beasley Mezzanine Holdings LLC(1) | 8.63 | 02/01/26 | 35,000 | 21,245 | ||||||||||
| Block Communications, Inc.(1) | 4.88 | 03/01/28 | 35,000 | 30,297 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 100,000 | 76,398 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 435,000 | 340,774 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 303,000 | 219,812 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 397,000 | 322,916 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 419,000 | 322,096 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 232,000 | 174,664 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 440,000 | 365,970 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 170,000 | 133,852 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 357,000 | 325,427 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 462,000 | 433,389 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 216,000 | 190,408 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 113,000 | 110,807 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 210,000 | 192,649 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 160,000 | 151,930 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 140,000 | 86,445 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 157,000 | 99,874 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 220,000 | 139,836 | ||||||||||
| CSC Holdings LLC(1) | 4.63 | 12/01/30 | 297,000 | 129,171 | ||||||||||
| CSC Holdings LLC(1) | 5.00 | 11/15/31 | 110,000 | 46,934 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 145,000 | 111,380 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 190,000 | 155,942 | ||||||||||
| CSC Holdings LLC(1) | 5.75 | 01/15/30 | 322,000 | 141,482 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 255,000 | 190,419 | ||||||||||
| CSC Holdings LLC(1) | 7.50 | 04/01/28 | 150,000 | 81,285 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 140,000 | 123,971 | ||||||||||
| CSC Holdings LLC(1) | 11.75 | 01/31/29 | 290,000 | 257,825 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 110,000 | 107,052 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 525,000 | 489,773 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 220,000 | 88,561 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 400,000 | 315,303 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 350,000 | 237,005 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 150,000 | 67,321 | ||||||||||
| DISH DBS Corp. | 7.75 | 07/01/26 | 285,000 | 179,112 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 500,000 | 504,449 | ||||||||||
| Gannett Holdings LLC(1) | 6.00 | 11/01/26 | 42,000 | 39,018 | ||||||||||
The accompanying notes are an integral part of these financial statements.
19
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 39.5% (Continued) | ||||||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | $ | 85,000 | $ | 75,919 | ||||||||
| Gray Television, Inc.(1) | 4.75 | 10/15/30 | 162,000 | 97,949 | ||||||||||
| Gray Television, Inc.(1) | 5.38 | 11/15/31 | 142,000 | 85,507 | ||||||||||
| Gray Television, Inc.(1) | 5.88 | 07/15/26 | 95,000 | 91,682 | ||||||||||
| Gray Television, Inc.(1) | 7.00 | 05/15/27 | 110,000 | 100,198 | ||||||||||
| iHeartCommunications, Inc.(1) | 4.75 | 01/15/28 | 65,000 | 46,472 | ||||||||||
| iHeartCommunications, Inc.(1) | 5.25 | 08/15/27 | 119,000 | 87,413 | ||||||||||
| iHeartCommunications, Inc. | 6.38 | 05/01/26 | 115,000 | 97,291 | ||||||||||
| iHeartCommunications, Inc. | 8.38 | 05/01/27 | 133,000 | 71,490 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 110,000 | 91,980 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 175,000 | 162,356 | ||||||||||
| Liberty Interactive LLC | 8.25 | 02/01/30 | 80,000 | 44,394 | ||||||||||
| Liberty Interactive LLC | 8.50 | 07/15/29 | 35,000 | 19,722 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 115,000 | 106,774 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 100,000 | 91,943 | ||||||||||
| Midcontinent Communications/Midcontinent Finance Corp.(1) | 5.38 | 08/15/27 | 45,000 | 43,001 | ||||||||||
| News Corp.(1) | 3.88 | 05/15/29 | 150,000 | 135,250 | ||||||||||
| News Corp.(1) | 5.13 | 02/15/32 | 70,000 | 64,219 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 145,000 | 128,870 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 243,000 | 228,706 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 95,000 | 83,381 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 147,000 | 136,102 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 4.50 | 09/15/26 | 132,000 | 100,932 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 75,000 | 55,477 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 65,000 | 38,411 | ||||||||||
| Scripps Escrow, Inc.(1) | 5.88 | 07/15/27 | 55,000 | 43,335 | ||||||||||
| Sinclair Television Group, Inc.(1) | 4.13 | 12/01/30 | 102,000 | 70,794 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.13 | 02/15/27 | 45,000 | 40,548 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 65,000 | 45,117 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.13 | 09/01/26 | 148,000 | 137,881 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.88 | 09/01/31 | 210,000 | 169,082 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.00 | 07/15/28 | 275,000 | 245,394 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.13 | 07/01/30 | 220,000 | 186,745 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.00 | 08/01/27 | 220,000 | 207,972 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.50 | 07/01/29 | 182,000 | 169,087 | ||||||||||
| Sunrise FinCo I BV(1) | 4.88 | 07/15/31 | 191,000 | 166,519 | ||||||||||
| Sunrise HoldCo IV BV(1) | 5.50 | 01/15/28 | 55,000 | 51,853 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 130,000 | 117,643 | ||||||||||
| TEGNA, Inc.(1) | 4.75 | 03/15/26 | 77,000 | 74,428 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 170,000 | 150,021 | ||||||||||
| Townsquare Media, Inc.(1) | 6.88 | 02/01/26 | 75,000 | 72,855 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 147,000 | 128,009 | ||||||||||
| Univision Communications, Inc.(1) | 6.63 | 06/01/27 | 215,000 | 207,660 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 130,000 | 124,584 | ||||||||||
| Univision Communications, Inc.(1) | 8.00 | 08/15/28 | 210,000 | 209,946 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 90,000 | 73,108 | ||||||||||
| Videotron Ltd.(1) | 3.63 | 06/15/29 | 70,000 | 62,282 | ||||||||||
| Videotron Ltd.(1) | 5.13 | 04/15/27 | 85,000 | 82,207 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 132,000 | 108,203 | ||||||||||
The accompanying notes are an integral part of these financial statements.
20
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 39.5% (Continued) | ||||||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | $ | 145,000 | $ | 122,478 | ||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 210,000 | 191,034 | ||||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 75,000 | 66,840 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 217,000 | 182,992 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 75,000 | 62,308 | ||||||||||
| Ziggo Bond Co. BV(1) | 6.00 | 01/15/27 | 85,000 | 83,653 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 147,000 | 128,759 | ||||||||||
| 13,699,096 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.8% | ||||||||||||||
| Xerox Corp. | 4.80 | 03/01/35 | 32,000 | 21,626 | ||||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 55,000 | 41,950 | ||||||||||
| Xerox Holdings Corp.(1) | 5.00 | 08/15/25 | 67,000 | 65,164 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 95,000 | 82,524 | ||||||||||
| Xerox Holdings Corp.(1) | 8.88 | 11/30/29 | 75,000 | 71,528 | ||||||||||
| 282,792 | ||||||||||||||
| PACKAGING & CONTAINERS – 1.0% | ||||||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 65,000 | 57,930 | ||||||||||
| LABL, Inc.(1) | 6.75 | 07/15/26 | 100,000 | 98,710 | ||||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | 60,000 | 50,892 | ||||||||||
| LABL, Inc.(1) | 9.50 | 11/01/28 | 50,000 | 50,081 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 100,000 | 98,325 | ||||||||||
| 355,938 | ||||||||||||||
| SEMICONDUCTORS – 2.1% | ||||||||||||||
| Amkor Technology, Inc.(1) | 6.63 | 09/15/27 | 80,000 | 79,958 | ||||||||||
| ams-OSRAM AG(1) | 12.25 | 03/30/29 | 60,000 | 60,113 | ||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 50,000 | 44,304 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 50,000 | 46,657 | ||||||||||
| Entegris, Inc.(1) | 4.75 | 04/15/29 | 230,000 | 217,145 | ||||||||||
| Entegris, Inc.(1) | 5.95 | 06/15/30 | 137,000 | 133,532 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 105,000 | 95,377 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 60,000 | 52,753 | ||||||||||
| 729,839 | ||||||||||||||
| SOFTWARE – 11.5% | ||||||||||||||
| Alteryx, Inc.(1) | 8.75 | 03/15/28 | 60,000 | 61,010 | ||||||||||
| Boxer Parent Co., Inc.(1) | 7.13 | 10/02/25 | 82,000 | 82,150 | ||||||||||
| Boxer Parent Co., Inc.(1) | 9.13 | 03/01/26 | 50,000 | 50,345 | ||||||||||
| Capstone Borrower, Inc.(1) | 8.00 | 06/15/30 | 60,000 | 60,506 | ||||||||||
| Castle US Holding Corp.(1) | 9.50 | 02/15/28 | 40,000 | 19,273 | ||||||||||
| Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.(1) | 8.00 | 06/15/29 | 115,000 | 118,406 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 105,000 | 106,221 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 573,000 | 543,899 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 550,000 | 529,645 | ||||||||||
| Dye & Durham Ltd.(1) | 8.63 | 04/15/29 | 80,000 | 80,851 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 80,000 | 71,319 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 134,000 | 123,543 | ||||||||||
| Fair Isaac Corp.(1) | 5.25 | 05/15/26 | 50,000 | 49,152 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 4.63 | 05/01/28 | 45,000 | 39,756 | ||||||||||
The accompanying notes are an integral part of these financial statements.
21
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SOFTWARE – 11.5% (Continued) | ||||||||||||||
| MicroStrategy, Inc.(1) | 6.13 | 06/15/28 | $ | 70,000 | $ | 64,939 | ||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 125,000 | 114,213 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 122,000 | 106,890 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 135,000 | 118,738 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 90,000 | 77,205 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 75,000 | 69,549 | ||||||||||
| RingCentral, Inc.(1) | 8.50 | 08/15/30 | 60,000 | 61,115 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 147,000 | 127,254 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 85,000 | 70,881 | ||||||||||
| Rocket Software, Inc.(1) | 9.00 | 11/28/28 | 110,000 | 110,518 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 290,000 | 282,122 | ||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | 83,000 | 73,764 | ||||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 63,000 | 54,604 | ||||||||||
| UKG, Inc.(1) | 6.88 | 02/01/31 | 355,000 | 355,900 | ||||||||||
| Veritas US, Inc./Veritas Bermuda Ltd.(1) | 7.50 | 09/01/25 | 252,000 | 229,482 | ||||||||||
| West Technology Group LLC(1) | 8.50 | 04/10/27 | 55,000 | 47,162 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 90,000 | 79,519 | ||||||||||
| 3,979,931 | ||||||||||||||
| TELECOMMUNICATIONS – 22.3% | ||||||||||||||
| Altice France SA/France(1) | 5.13 | 01/15/29 | 60,000 | 39,261 | ||||||||||
| Altice France SA/France(1) | 5.13 | 07/15/29 | 357,000 | 233,055 | ||||||||||
| Altice France SA/France(1) | 5.50 | 01/15/28 | 160,000 | 108,254 | ||||||||||
| Altice France SA/France(1) | 5.50 | 10/15/29 | 293,000 | 192,141 | ||||||||||
| Altice France SA/France(1) | 8.13 | 02/01/27 | 257,000 | 193,729 | ||||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | 65,000 | 61,330 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 77,000 | 68,841 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 60,000 | 52,685 | ||||||||||
| CommScope, Inc.(1) | 4.75 | 09/01/29 | 180,000 | 126,000 | ||||||||||
| CommScope, Inc.(1) | 6.00 | 03/01/26 | 220,000 | 196,900 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 6.75 | 10/01/26 | 300,000 | 290,809 | ||||||||||
| Consolidated Communications, Inc.(1) | 5.00 | 10/01/28 | 55,000 | 45,715 | ||||||||||
| Consolidated Communications, Inc.(1) | 6.50 | 10/01/28 | 107,000 | 92,986 | ||||||||||
| Embarq Corp. | 8.00 | 06/01/36 | 180,000 | 73,800 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 215,000 | 198,019 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 165,000 | 158,431 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 95,000 | 79,476 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 140,000 | 116,920 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 155,000 | 136,532 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 110,000 | 111,200 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 172,000 | 175,240 | ||||||||||
| Frontier Florida LLC | 6.86 | 02/01/28 | 50,000 | 47,446 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 52,837 | 45,213 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 52,252 | 35,077 | ||||||||||
| Hughes Satellite Systems Corp. | 5.25 | 08/01/26 | 115,000 | 95,336 | ||||||||||
| Hughes Satellite Systems Corp. | 6.63 | 08/01/26 | 105,000 | 60,352 | ||||||||||
| Iliad Holding SASU(1) | 6.50 | 10/15/26 | 175,000 | 174,324 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 10/15/28 | 120,000 | 117,453 | ||||||||||
The accompanying notes are an integral part of these financial statements.
22
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TELECOMMUNICATIONS – 22.3% (Continued) | ||||||||||||||
| Intelsat Jackson Holdings SA(1) | 6.50 | 03/15/30 | $ | 435,000 | $ | 417,445 | ||||||||
| Level 3 Financing, Inc.(1) | 3.40 | 03/01/27 | 95,000 | 57,475 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 105,000 | 36,230 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 112,000 | 38,780 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 10/15/30 | 65,000 | 36,057 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.00 | 04/15/31 | 65,000 | 35,913 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.25 | 07/01/28 | 97,000 | 37,859 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.50 | 04/01/30 | 100,000 | 57,687 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.63 | 09/15/27 | 123,000 | 71,427 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.88 | 06/15/29 | 85,000 | 53,784 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 04/15/29 | 100,000 | 100,295 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 05/15/30 | 127,000 | 126,482 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.75 | 12/15/30 | 100,000 | 100,694 | ||||||||||
| Level 3 Financing, Inc.(1) | 11.00 | 11/15/29 | 225,000 | 229,894 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/29 | 50,000 | 32,301 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/30 | 50,000 | 31,125 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 57,000 | 17,223 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 52,000 | 15,541 | ||||||||||
| Lumen Technologies, Inc. | 7.65 | 03/15/42 | 35,000 | 10,519 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 115,000 | 96,040 | ||||||||||
| Millicom International Cellular SA(1) | 5.13 | 01/15/28 | 72,000 | 66,492 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 92,700 | 87,327 | ||||||||||
| Millicom International Cellular SA(1) | 7.38 | 04/02/32 | 60,000 | 58,891 | ||||||||||
| Qwest Corp. | 7.25 | 09/15/25 | 30,000 | 29,755 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 105,000 | 99,949 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 127,000 | 107,087 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 165,000 | 145,923 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 145,000 | 131,482 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 145,000 | 134,958 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 4.88 | 06/01/27 | 55,000 | 25,070 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 5.63 | 12/06/26 | 75,000 | 36,515 | ||||||||||
| United States Cellular Corp. | 6.70 | 12/15/33 | 75,000 | 73,262 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 09/15/25 | 90,000 | 86,571 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 95,000 | 87,031 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 60,000 | 45,927 | ||||||||||
| Viasat, Inc.(1) | 7.50 | 05/30/31 | 100,000 | 70,749 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 60,000 | 50,474 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 182,000 | 148,840 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 205,000 | 171,281 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 7.75 | 04/15/32 | 95,000 | 93,614 | ||||||||||
| Vodafone Group PLC | 3.25 | 06/04/81 | 69,000 | 64,173 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 142,000 | 119,050 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 140,000 | 102,786 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 285,000 | 289,610 | ||||||||||
| Windstream Escrow LLC/Windstream Escrow Finance Corp.(1) | 7.75 | 08/15/28 | 205,000 | 197,733 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 4.00 | 03/01/27 | 220,000 | 175,329 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 6.13 | 03/01/28 | 152,000 | 101,451 | ||||||||||
| 7,730,626 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $34,813,831) | 34,025,068 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
23
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.3% | ||||||||||||||
| TIME DEPOSITS – 1.3% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 4.67 | 05/01/24 | $ | 436,589 | $ | 436,589 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $436,589) | 436,589 | |||||||||||||
| TOTAL INVESTMENTS – 99.3% (Cost - $35,250,420) | $ | 34,461,657 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.7% | 253,477 | |||||||||||||
| NET ASSETS – 100.0% | $ | 34,715,134 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $29,651,404 and represents 85.4% 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.
24
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.2% | ||||||||||||||
| BIOTECHNOLOGY – 0.2% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | $ | 138,000 | $ | 70,387 | ||||||||
| COMMERCIAL SERVICES – 7.1% | ||||||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 115,000 | 102,008 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.63 | 10/01/27 | 165,000 | 155,164 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 133,000 | 117,384 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.50 | 09/01/28 | 343,000 | 279,850 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 11/01/28 | 320,000 | 235,533 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 265,000 | 224,994 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 263,000 | 226,785 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 173,000 | 164,800 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 246,000 | 235,495 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 128,000 | 102,699 | ||||||||||
| Verscend Escrow Corp.(1) | 9.75 | 08/15/26 | 320,000 | 320,000 | ||||||||||
| 2,164,712 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 14.7% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 260,000 | 230,436 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 507,000 | 471,790 | ||||||||||
| Bausch + Lomb Corp.(1) | 8.38 | 10/01/28 | 455,000 | 470,470 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 164,000 | 126,606 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 310,000 | 274,107 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 133,000 | 126,628 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 1,440,000 | 1,291,458 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 800,000 | 745,467 | ||||||||||
| Medline Borrower LP/Medline Co.-Issuer, Inc.(1) | 6.25 | 04/01/29 | 325,000 | 323,327 | ||||||||||
| Neogen Food Safety Corp.(1) | 8.63 | 07/20/30 | 115,000 | 121,394 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 158,000 | 146,164 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 170,000 | 162,252 | ||||||||||
| 4,490,099 | ||||||||||||||
| HEALTHCARE-SERVICES – 52.2% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 158,000 | 148,552 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 143,000 | 137,771 | ||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 100,000 | 91,721 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.13 | 02/15/29 | 183,000 | 174,866 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.50 | 04/01/30 | 211,000 | 200,944 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 5.00 | 07/15/27 | 160,000 | 157,403 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 165,000 | 148,388 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 163,000 | 142,339 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 163,000 | 151,774 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | 343,000 | 268,077 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 482,000 | 394,519 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.63 | 03/15/27 | 593,000 | 543,577 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 211,000 | 184,316 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 397,000 | 281,073 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 395,000 | 294,043 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 03/15/26 | 363,000 | 361,585 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 12/15/27 | 233,000 | 228,291 | ||||||||||
The accompanying notes are an integral part of these financial statements.
25
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 52.2% (Continued) | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 10.88 | 01/15/32 | $ | 325,000 | $ | 333,133 | ||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 487,000 | 401,197 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 878,000 | 770,023 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 265,000 | 249,026 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 135,000 | 121,350 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 250,000 | 229,530 | ||||||||||
| Encompass Health Corp. | 5.75 | 09/15/25 | 117,000 | 116,209 | ||||||||||
| Fortrea Holdings, Inc.(1) | 7.50 | 07/01/30 | 185,000 | 186,845 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 195,000 | 177,855 | ||||||||||
| Heartland Dental LLC/Heartland Dental Finance Corp.(1) | 8.50 | 05/01/26 | 100,000 | 99,739 | ||||||||||
| Heartland Dental LLC/Heartland Dental Finance Corp.(1) | 10.50 | 04/30/28 | 230,000 | 242,388 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 10/15/26 | 338,000 | 330,904 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 350,000 | 338,228 | ||||||||||
| IQVIA, Inc.(1) | 6.50 | 05/15/30 | 165,000 | 165,955 | ||||||||||
| Kedrion SpA(1) | 6.50 | 09/01/29 | 250,000 | 226,125 | ||||||||||
| Legacy LifePoint Health LLC(1) | 4.38 | 02/15/27 | 190,000 | 178,123 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 163,000 | 130,490 | ||||||||||
| LifePoint Health, Inc.(1) | 9.88 | 08/15/30 | 260,000 | 271,063 | ||||||||||
| LifePoint Health, Inc.(1) | 11.00 | 10/15/30 | 350,000 | 372,975 | ||||||||||
| ModivCare Escrow Issuer, Inc.(1) | 5.00 | 10/01/29 | 170,000 | 118,266 | ||||||||||
| ModivCare, Inc.(1) | 5.88 | 11/15/25 | 158,000 | 154,264 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 205,000 | 177,997 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 244,000 | 204,374 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 260,000 | 241,384 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 133,000 | 116,507 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 7.25 | 11/01/25 | 285,000 | 283,381 | ||||||||||
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.(1) | 9.75 | 12/01/26 | 410,000 | 408,639 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 08/15/26 | 401,000 | 401,507 | ||||||||||
| Star Parent, Inc.(1) | 9.00 | 10/01/30 | 320,000 | 335,136 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 7.25 | 04/15/32 | 255,000 | 254,971 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 445,000 | 408,001 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 470,000 | 427,198 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | 195,000 | 183,704 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 490,000 | 474,487 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 790,000 | 780,823 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 06/15/30 | 650,000 | 639,696 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 478,000 | 476,514 | ||||||||||
| Tenet Healthcare Corp.(1) | 6.75 | 05/15/31 | 425,000 | 426,374 | ||||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 112,000 | 115,537 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 85,000 | 58,183 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 110,000 | 103,448 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 132,000 | 106,334 | ||||||||||
| US Acute Care Solutions LLC(1) | 6.38 | 03/01/26 | 238,000 | 241,217 | ||||||||||
| 15,988,339 | ||||||||||||||
| PHARMACEUTICALS – 21.1% | ||||||||||||||
| 180 Medical, Inc.(1) | 3.88 | 10/15/29 | 165,000 | 146,254 | ||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 165,000 | 139,176 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 195,000 | 166,175 | ||||||||||
The accompanying notes are an integral part of these financial statements.
26
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PHARMACEUTICALS – 21.1% (Continued) | ||||||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | $ | 115,000 | $ | 107,957 | ||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 520,000 | 336,424 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.50 | 11/01/25 | 540,000 | 503,523 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.75 | 08/15/27 | 160,000 | 110,558 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.13 | 02/01/27 | 325,000 | 238,370 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 560,000 | 438,474 | ||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 115,000 | 74,750 | ||||||||||
| Cheplapharm Arzneimittel GmbH(1) | 5.50 | 01/15/28 | 165,000 | 154,970 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 238,000 | 237,985 | ||||||||||
| Endo Finance Holdings, Inc.(1) | 8.50 | 04/15/31 | 320,000 | 325,542 | ||||||||||
| Grifols SA(1) | 4.75 | 10/15/28 | 228,000 | 184,405 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 492,000 | 448,110 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 14.75 | 11/14/28 | 255,000 | 278,122 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 149,000 | 133,576 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 668,000 | 609,020 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 650,000 | 562,514 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 158,000 | 142,072 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 181,000 | 175,832 | ||||||||||
| P&L Development LLC/PLD Finance Corp.(1) | 7.75 | 11/15/25 | 153,000 | 129,729 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.38 | 03/15/26 | 230,000 | 222,486 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.65 | 06/15/30 | 245,000 | 224,718 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 98,000 | 77,302 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 187,000 | 159,261 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 145,000 | 139,346 | ||||||||||
| 6,466,651 | ||||||||||||||
| SOFTWARE – 2.9% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 761,000 | 685,796 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.00 | 10/15/26 | 90,000 | 85,414 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 140,000 | 122,716 | ||||||||||
| 893,926 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $30,055,403) | 30,074,114 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.4% | ||||||||||||||
| TIME DEPOSITS – 1.4% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | 429,184 | 429,184 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $429,184) | 429,184 | |||||||||||||
| TOTAL INVESTMENTS – 99.6% (Cost - $30,484,587) | $ | 30,503,298 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.4% | 111,421 | |||||||||||||
| NET ASSETS – 100.0% | $ | 30,614,719 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $23,807,257 and represents 77.8% 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.
27
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| ADVERTISING – 1.2% | ||||||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | $ | 130,000 | $ | 115,842 | ||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 133,000 | 117,526 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 182,000 | 173,404 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 7.38 | 02/15/31 | 125,000 | 128,386 | ||||||||||
| 535,158 | ||||||||||||||
| BANKS – 7.6% | ||||||||||||||
| Banc of California | 3.25 | 05/01/31 | 100,000 | 91,606 | ||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 275,000 | 297,057 | ||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 150,000 | 144,515 | ||||||||||
| Freedom Mortgage Corp.(1) | 7.63 | 05/01/26 | 130,000 | 129,536 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.00 | 10/01/28 | 215,000 | 230,315 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.25 | 10/01/30 | 130,000 | 141,193 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.20 | 06/01/32 | 205,000 | 168,124 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.95 | 06/01/42 | 200,000 | 143,935 | ||||||||||
| Intesa Sanpaolo SpA(1) | 5.71 | 01/15/26 | 405,000 | 399,212 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 105,000 | 105,405 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | - | 210,000 | 212,930 | ||||||||||
| Texas Capital Bancshares, Inc. | 4.00 | 05/06/31 | 105,000 | 93,685 | ||||||||||
| UniCredit SpA(1) | 5.46 | 06/30/35 | 382,000 | 351,593 | ||||||||||
| UniCredit SpA(1) | 5.86 | 06/19/32 | 287,000 | 277,588 | ||||||||||
| UniCredit SpA(1) | 7.30 | 04/02/34 | 351,000 | 354,102 | ||||||||||
| Valley National Bancorp | 3.00 | 06/15/31 | 80,000 | 60,071 | ||||||||||
| Western Alliance Bancorp. | 3.00 | 06/15/31 | 165,000 | 140,740 | ||||||||||
| 3,341,607 | ||||||||||||||
| COMMERCIAL SERVICES – 4.6% | ||||||||||||||
| Block, Inc. | 2.75 | 06/01/26 | 270,000 | 253,914 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 272,000 | 229,974 | ||||||||||
| Boost Newco Borrower LLC(1) | 7.50 | 01/15/31 | 595,000 | 614,523 | ||||||||||
| CPI CG, Inc.(1) | 8.63 | 03/15/26 | 78,000 | 77,694 | ||||||||||
| GEO Group, Inc.(1) | 8.63 | 04/15/29 | 175,000 | 177,282 | ||||||||||
| GEO Group, Inc.(1) | 10.25 | 04/15/31 | 170,000 | 175,376 | ||||||||||
| Mobius Merger Sub, Inc.(1) | 9.00 | 06/01/30 | 140,000 | 138,284 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 90,000 | 79,211 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 160,000 | 147,568 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 4.63 | 11/01/26 | 125,000 | 120,468 | ||||||||||
| 2,014,294 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 31.5% | ||||||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 135,000 | 130,819 | ||||||||||
| AG TTMT Escrow Issuer LLC(1) | 8.63 | 09/30/27 | 140,000 | 144,351 | ||||||||||
| Ally Financial, Inc. | 5.75 | 11/20/25 | 290,000 | 287,723 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 130,000 | 127,602 | ||||||||||
| Aretec Group, Inc.(1) | 7.50 | 04/01/29 | 105,000 | 99,091 | ||||||||||
| Aretec Group, Inc.(1) | 10.00 | 08/15/30 | 195,000 | 212,054 | ||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 90,000 | 83,812 | ||||||||||
The accompanying notes are an integral part of these financial statements.
28
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 31.5% (Continued) | ||||||||||||||
| Bread Financial Holdings, Inc.(1) | 9.75 | 03/15/29 | $ | 240,000 | $ | 249,793 | ||||||||
| Brightsphere Investment Group, Inc. | 4.80 | 07/27/26 | 80,000 | 77,080 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 105,000 | 101,126 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | 95,000 | 92,142 | ||||||||||
| Burford Capital Global Finance LLC(1) | 9.25 | 07/01/31 | 185,000 | 192,938 | ||||||||||
| Castlelake Aviation Finance DAC(1) | 5.00 | 04/15/27 | 120,000 | 115,614 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 270,000 | 226,624 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 205,000 | 160,053 | ||||||||||
| Credit Acceptance Corp. | 6.63 | 03/15/26 | 100,000 | 99,788 | ||||||||||
| Credit Acceptance Corp.(1) | 9.25 | 12/15/28 | 165,000 | 175,148 | ||||||||||
| Encore Capital Group, Inc.(1) | 9.25 | 04/01/29 | 140,000 | 143,206 | ||||||||||
| Enova International, Inc.(1) | 8.50 | 09/15/25 | 90,000 | 89,845 | ||||||||||
| Enova International, Inc.(1) | 11.25 | 12/15/28 | 120,000 | 127,534 | ||||||||||
| Finance of America Funding LLC(1) | 7.88 | 11/15/25 | 100,000 | 77,892 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.25 | 02/01/29 | 140,000 | 140,879 | ||||||||||
| GGAM Finance Ltd.(1) | 6.88 | 04/15/29 | 95,000 | 95,148 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 100,000 | 101,659 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 205,000 | 210,256 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 06/15/28 | 170,000 | 175,205 | ||||||||||
| goeasy Ltd.(1) | 4.38 | 05/01/26 | 85,000 | 81,704 | ||||||||||
| goeasy Ltd.(1) | 7.63 | 07/01/29 | 110,000 | 110,068 | ||||||||||
| goeasy Ltd.(1) | 9.25 | 12/01/28 | 150,000 | 158,522 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 80,000 | 75,154 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 168,000 | 152,940 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 7.13 | 04/30/31 | 375,000 | 377,583 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 267,000 | 240,463 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 6.00 | 08/15/26 | 105,000 | 103,316 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 9.50 | 02/15/29 | 90,000 | 91,661 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 165,000 | 125,508 | ||||||||||
| LD Holdings Group LLC(1) | 6.50 | 11/01/25 | 140,000 | 133,004 | ||||||||||
| LFS Topco LLC(1) | 5.88 | 10/15/26 | 75,000 | 69,767 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 6.40 | 03/26/29 | 140,000 | 139,736 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 6.50 | 03/26/31 | 140,000 | 140,235 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 8.13 | 03/30/29 | 130,000 | 136,081 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 8.38 | 05/01/28 | 135,000 | 141,887 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 105,000 | 88,415 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 270,000 | 244,454 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.00 | 02/01/26 | 138,000 | 134,373 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.13 | 12/15/30 | 195,000 | 175,381 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.50 | 08/15/28 | 250,000 | 235,330 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.75 | 11/15/31 | 155,000 | 141,052 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.00 | 01/15/27 | 152,000 | 149,078 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 7.13 | 02/01/32 | 255,000 | 251,574 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 140,000 | 126,621 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 180,000 | 169,858 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 200,000 | 179,456 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 164,000 | 130,412 | ||||||||||
| Navient Corp. | 6.75 | 06/25/25 | 140,000 | 139,688 | ||||||||||
The accompanying notes are an integral part of these financial statements.
29
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 31.5% (Continued) | ||||||||||||||
| Navient Corp. | 6.75 | 06/15/26 | $ | 130,000 | $ | 129,685 | ||||||||
| Navient Corp. | 9.38 | 07/25/30 | 140,000 | 144,169 | ||||||||||
| Navient Corp. | 11.50 | 03/15/31 | 140,000 | 153,206 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 210,000 | 193,388 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 153,000 | 134,822 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 237,000 | 199,549 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 205,000 | 189,734 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 195,000 | 194,552 | ||||||||||
| OneMain Finance Corp. | 7.13 | 03/15/26 | 447,000 | 451,410 | ||||||||||
| OneMain Finance Corp. | 7.88 | 03/15/30 | 195,000 | 199,116 | ||||||||||
| OneMain Finance Corp. | 9.00 | 01/15/29 | 230,000 | 241,331 | ||||||||||
| Osaic Holdings, Inc.(1) | 10.75 | 08/01/27 | 105,000 | 108,794 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 105,000 | 98,934 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 165,000 | 146,468 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.38 | 10/15/25 | 185,000 | 182,665 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 150,000 | 136,105 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.88 | 12/15/29 | 195,000 | 199,180 | ||||||||||
| PHH Mortgage Corp.(1) | 7.88 | 03/15/26 | 85,000 | 81,389 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 87,000 | 72,102 | ||||||||||
| PRA Group, Inc.(1) | 7.38 | 09/01/25 | 90,000 | 89,663 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 105,000 | 102,491 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 2.88 | 10/15/26 | 290,000 | 266,503 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 210,000 | 185,208 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 359,000 | 304,648 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 230,000 | 187,983 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 130,000 | 120,708 | ||||||||||
| SLM Corp. | 4.20 | 10/29/25 | 140,000 | 135,464 | ||||||||||
| StoneX Group, Inc.(1) | 7.88 | 03/01/31 | 140,000 | 141,698 | ||||||||||
| StoneX Group, Inc.(1) | 8.63 | 06/15/25 | 100,000 | 100,330 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 200,000 | 195,244 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 220,000 | 216,597 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 195,000 | 181,353 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 128,000 | 122,956 | ||||||||||
| World Acceptance Corp.(1) | 7.00 | 11/01/26 | 80,000 | 74,438 | ||||||||||
| 13,862,586 | ||||||||||||||
| ELECTRIC – 0.2% | ||||||||||||||
| Terraform Global Operating LP(1) | 6.13 | 03/01/26 | 85,000 | 84,010 | ||||||||||
| ELECTRONICS – 0.3% | ||||||||||||||
| Likewize Corp.(1) | 9.75 | 10/15/25 | 120,000 | 121,169 | ||||||||||
| ENGINEERING & CONSTRUCTION – 0.2% | ||||||||||||||
| INNOVATE Corp.(1) | 8.50 | 02/01/26 | 95,000 | 70,707 | ||||||||||
| INSURANCE – 17.5% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | 195,000 | 174,860 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 142,000 | 128,617 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.25 | 02/01/29 | 245,000 | 243,193 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 10.13 | 08/01/26 | 105,000 | 108,549 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 4.25 | 10/15/27 | 197,000 | 183,920 | ||||||||||
The accompanying notes are an integral part of these financial statements.
30
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 17.5% (Continued) | ||||||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 5.88 | 11/01/29 | $ | 122,000 | $ | 112,129 | ||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 10/15/27 | 365,000 | 358,227 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 04/15/28 | 340,000 | 339,927 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.00 | 01/15/31 | 395,000 | 396,514 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 220,000 | 200,194 | ||||||||||
| AmWINS Group, Inc.(1) | 6.38 | 02/15/29 | 200,000 | 197,703 | ||||||||||
| Ardonagh FinCo. Ltd.(1) | 7.75 | 02/15/31 | 200,000 | 196,972 | ||||||||||
| Ardonagh Group Finance Ltd.(1) | 8.88 | 02/15/32 | 275,000 | 268,108 | ||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 110,000 | 109,583 | ||||||||||
| AssuredPartners, Inc.(1) | 5.63 | 01/15/29 | 155,000 | 141,474 | ||||||||||
| AssuredPartners, Inc.(1) | 7.50 | 02/15/32 | 140,000 | 136,046 | ||||||||||
| BroadStreet Partners, Inc.(1) | 5.88 | 04/15/29 | 195,000 | 177,892 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.63 | 05/01/31 | 60,000 | 56,634 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.80 | 01/24/30 | 125,000 | 119,969 | ||||||||||
| Genworth Holdings, Inc. | 6.50 | 06/15/34 | 75,000 | 70,021 | ||||||||||
| Global Atlantic Finance Co.(1) | 4.70 | 10/15/51 | 200,000 | 176,811 | ||||||||||
| GTCR AP Finance, Inc.(1) | 8.00 | 05/15/27 | 123,000 | 123,151 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 7.25 | 02/15/31 | 270,000 | 266,756 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 8.13 | 02/15/32 | 135,000 | 132,974 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 140,000 | 128,974 | ||||||||||
| HUB International Ltd.(1) | 7.25 | 06/15/30 | 890,000 | 903,674 | ||||||||||
| HUB International Ltd.(1) | 7.38 | 01/31/32 | 525,000 | 520,492 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 194,000 | 199,562 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 10.50 | 12/15/30 | 85,000 | 90,054 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 130,000 | 118,639 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | 215,000 | 132,392 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 7.80 | 03/15/37 | 115,000 | 120,135 | ||||||||||
| Panther Escrow Issuer LLC(1) | 7.13 | 06/01/31 | 815,000 | 819,748 | ||||||||||
| Ryan Specialty LLC(1) | 4.38 | 02/01/30 | 105,000 | 96,428 | ||||||||||
| USI, Inc./NY(1) | 7.50 | 01/15/32 | 165,000 | 164,328 | ||||||||||
| 7,714,650 | ||||||||||||||
| INTERNET – 0.2% | ||||||||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 5.00 | 05/01/28 | 90,000 | 81,726 | ||||||||||
| INVESTMENT COMPANIES – 3.6% | ||||||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.00 | 01/15/32 | 70,000 | 62,033 | ||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.25 | 04/15/29 | 282,000 | 263,893 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | 185,000 | 155,903 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 395,000 | 363,054 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.25 | 05/15/26 | 347,000 | 337,780 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.38 | 12/15/25 | 190,000 | 186,766 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp.(1) | 9.75 | 01/15/29 | 195,000 | 202,489 | ||||||||||
| 1,571,918 | ||||||||||||||
| PIPELINES – 0.4% | ||||||||||||||
| FTAI Infra Escrow Holdings LLC(1) | 10.50 | 06/01/27 | 160,000 | 167,996 | ||||||||||
The accompanying notes are an integral part of these financial statements.
31
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PRIVATE EQUITY – 1.3% | ||||||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.38 | 06/15/26 | $ | 265,000 | $ | 246,590 | ||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.75 | 09/15/30 | 105,000 | 87,231 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 8.00 | 06/15/27 | 210,000 | 215,544 | ||||||||||
| 549,365 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 25.8% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 132,000 | 108,920 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 97,000 | 86,993 | ||||||||||
| Brandywine Operating Partnership LP | 3.95 | 11/15/27 | 115,000 | 103,058 | ||||||||||
| Brandywine Operating Partnership LP | 4.55 | 10/01/29 | 90,000 | 77,258 | ||||||||||
| Brandywine Operating Partnership LP | 8.05 | 03/15/28 | 110,000 | 111,899 | ||||||||||
| Brandywine Operating Partnership LP | 8.88 | 04/12/29 | 105,000 | 107,557 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 4.50 | 04/01/27 | 200,000 | 177,815 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 5.75 | 05/15/26 | 253,000 | 245,041 | ||||||||||
| CTR Partnership LP/CareTrust Capital Corp.(1) | 3.88 | 06/30/28 | 105,000 | 95,150 | ||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 135,000 | 97,674 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 140,000 | 110,328 | ||||||||||
| Diversified Healthcare Trust | 9.75 | 06/15/25 | 135,000 | 135,383 | ||||||||||
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP(1) | 3.75 | 12/15/27 | 130,000 | 110,750 | ||||||||||
| Hudson Pacific Properties LP | 3.25 | 01/15/30 | 100,000 | 75,972 | ||||||||||
| Hudson Pacific Properties LP | 3.95 | 11/01/27 | 110,000 | 97,270 | ||||||||||
| Hudson Pacific Properties LP | 4.65 | 04/01/29 | 145,000 | 122,311 | ||||||||||
| Hudson Pacific Properties LP | 5.95 | 02/15/28 | 90,000 | 82,369 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 209,000 | 185,398 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 300,000 | 264,907 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 272,000 | 259,794 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 280,000 | 258,634 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 130,000 | 122,628 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 210,000 | 201,122 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 360,000 | 334,486 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 155,000 | 143,598 | ||||||||||
| Iron Mountain, Inc.(1) | 7.00 | 02/15/29 | 275,000 | 276,810 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 170,000 | 157,582 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 172,000 | 153,642 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 5.25 | 10/01/25 | 86,000 | 84,864 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 353,000 | 237,062 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 252,000 | 188,808 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 380,000 | 311,218 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.25 | 08/01/26 | 130,000 | 118,562 | ||||||||||
| Necessity Retail REIT, Inc./American Finance Operating Partner LP(1) | 4.50 | 09/30/28 | 132,000 | 112,717 | ||||||||||
| Office Properties Income Trust | 2.40 | 02/01/27 | 105,000 | 51,162 | ||||||||||
| Office Properties Income Trust | 2.65 | 06/15/26 | 80,000 | 45,651 | ||||||||||
| Office Properties Income Trust | 3.45 | 10/15/31 | 98,000 | 40,753 | ||||||||||
| Office Properties Income Trust(1) | 9.00 | 03/31/29 | 85,000 | 77,230 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 4.88 | 05/15/29 | 195,000 | 178,581 | ||||||||||
The accompanying notes are an integral part of these financial statements.
32
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 25.8% (Continued) | ||||||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 5.88 | 10/01/28 | $ | 205,000 | $ | 199,257 | ||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 7.50 | 06/01/25 | 170,000 | 170,100 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 157,000 | 144,530 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 195,000 | 185,458 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 04/01/32 | 275,000 | 269,708 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 7.25 | 07/15/28 | 105,000 | 106,719 | ||||||||||
| Rithm Capital Corp.(1) | 6.25 | 10/15/25 | 88,000 | 87,237 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 04/01/29 | 195,000 | 190,843 | ||||||||||
| RLJ Lodging Trust LP(1) | 3.75 | 07/01/26 | 130,000 | 122,449 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 140,000 | 121,531 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 405,000 | 353,096 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 406,000 | 381,947 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 112,000 | 95,655 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 110,000 | 83,823 | ||||||||||
| Service Properties Trust | 4.75 | 10/01/26 | 122,000 | 113,388 | ||||||||||
| Service Properties Trust | 4.95 | 02/15/27 | 105,000 | 96,724 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 115,000 | 94,169 | ||||||||||
| Service Properties Trust | 5.25 | 02/15/26 | 90,000 | 86,649 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 115,000 | 108,626 | ||||||||||
| Service Properties Trust | 7.50 | 09/15/25 | 225,000 | 226,873 | ||||||||||
| Service Properties Trust(1) | 8.63 | 11/15/31 | 275,000 | 289,049 | ||||||||||
| Starwood Property Trust, Inc.(1) | 3.63 | 07/15/26 | 105,000 | 97,200 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 145,000 | 134,421 | ||||||||||
| Starwood Property Trust, Inc.(1) | 7.25 | 04/01/29 | 155,000 | 153,101 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 175,000 | 136,281 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 145,000 | 127,330 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 317,000 | 255,157 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 10.50 | 02/15/28 | 715,000 | 742,509 | ||||||||||
| Vornado Realty LP | 2.15 | 06/01/26 | 115,000 | 104,444 | ||||||||||
| Vornado Realty LP | 3.40 | 06/01/31 | 95,000 | 73,830 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 140,000 | 127,912 | ||||||||||
| XHR LP(1) | 6.38 | 08/15/25 | 130,000 | 129,963 | ||||||||||
| 11,360,936 | ||||||||||||||
| RETAIL – 0.9% | ||||||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 140,000 | 129,658 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 148,000 | 139,619 | ||||||||||
| FirstCash, Inc.(1) | 6.88 | 03/01/32 | 130,000 | 128,520 | ||||||||||
| 397,797 | ||||||||||||||
| SOFTWARE – 0.2% | ||||||||||||||
| ACI Worldwide, Inc.(1) | 5.75 | 08/15/26 | 110,000 | 109,547 | ||||||||||
| TRANSPORTATION – 0.3% | ||||||||||||||
| Cargo Aircraft Management, Inc.(1) | 4.75 | 02/01/28 | 162,000 | 146,470 | ||||||||||
The accompanying notes are an integral part of these financial statements.
33
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TRUCKING & LEASING – 1.9% | ||||||||||||||
| AerCap Global Aviation Trust(1) | 6.50 | 06/15/45 | $ | 135,000 | $ | 134,341 | ||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.50 | 05/01/28 | 280,000 | 269,045 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.00 | 05/01/31 | 180,000 | 181,185 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.88 | 12/01/30 | 140,000 | 145,563 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 9.75 | 08/01/27 | 105,000 | 108,513 | ||||||||||
| 838,647 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $42,267,269) | 42,968,583 | |||||||||||||
| SHORT-TERM INVESTMENTS – 3.1% | ||||||||||||||
| TIME DEPOSITS – 3.1% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | 1,347,822 | 1,347,822 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,347,822) | 1,347,822 | |||||||||||||
| TOTAL INVESTMENTS – 100.8% (Cost - $43,615,091) | $ | 44,316,405 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.8)% | (337,551 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 43,978,854 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $32,630,498 and represents 74.2% 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.
34
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| CHEMICALS – 0.7% | ||||||||||||||
| Consolidated Energy Finance SA(1) | 5.63 | 10/15/28 | $ | 235,000 | $ | 198,840 | ||||||||
| Consolidated Energy Finance SA(1) | 12.00 | 02/15/31 | 275,000 | 284,970 | ||||||||||
| 483,810 | ||||||||||||||
| OIL & GAS – 51.0% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 8.25 | 02/15/26 | 335,000 | 337,475 | ||||||||||
| Antero Resources Corp.(1) | 5.38 | 03/01/30 | 275,000 | 261,682 | ||||||||||
| Antero Resources Corp.(1) | 7.63 | 02/01/29 | 181,000 | 185,544 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 195,000 | 186,012 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 7.00 | 11/01/26 | 270,000 | 269,818 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 8.25 | 12/31/28 | 225,000 | 229,806 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 9.00 | 11/01/27 | 155,000 | 194,249 | ||||||||||
| Baytex Energy Corp.(1) | 7.38 | 03/15/32 | 230,000 | 232,140 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 385,000 | 401,720 | ||||||||||
| Berry Petroleum Co. LLC(1) | 7.00 | 02/15/26 | 180,000 | 178,580 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.00 | 11/15/28 | 550,000 | 570,524 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.38 | 11/15/30 | 230,000 | 239,606 | ||||||||||
| California Resources Corp.(1) | 7.13 | 02/01/26 | 242,000 | 243,551 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 140,000 | 134,044 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 9.75 | 07/15/28 | 150,000 | 143,949 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.50 | 02/01/26 | 225,000 | 222,349 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.88 | 02/01/29 | 265,000 | 260,096 | ||||||||||
| Chesapeake Energy Corp.(1) | 6.75 | 04/15/29 | 385,000 | 385,033 | ||||||||||
| Chord Energy Corp.(1) | 6.38 | 06/01/26 | 180,000 | 180,083 | ||||||||||
| CITGO Petroleum Corp.(1) | 6.38 | 06/15/26 | 290,000 | 289,928 | ||||||||||
| CITGO Petroleum Corp.(1) | 7.00 | 06/15/25 | 510,000 | 509,857 | ||||||||||
| CITGO Petroleum Corp.(1) | 8.38 | 01/15/29 | 500,000 | 517,889 | ||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 185,000 | 179,105 | ||||||||||
| Civitas Resources, Inc.(1) | 8.38 | 07/01/28 | 595,000 | 621,438 | ||||||||||
| Civitas Resources, Inc.(1) | 8.63 | 11/01/30 | 455,000 | 484,510 | ||||||||||
| Civitas Resources, Inc.(1) | 8.75 | 07/01/31 | 605,000 | 642,505 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 223,000 | 216,260 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/01/32 | 170,000 | 170,595 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 230,000 | 233,044 | ||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 435,000 | 396,638 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 550,000 | 524,151 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 175,000 | 164,814 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.63 | 04/01/32 | 315,000 | 316,408 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 450,000 | 475,814 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.00 | 05/01/29 | 170,000 | 167,625 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.63 | 10/15/25 | 385,000 | 383,166 | ||||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 180,000 | 167,415 | ||||||||||
| CVR Energy, Inc.(1) | 8.50 | 01/15/29 | 270,000 | 270,928 | ||||||||||
| Diamond Foreign Asset Co./Diamond Finance LLC(1) | 8.50 | 10/01/30 | 245,000 | 256,465 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.50 | 05/01/28 | 317,000 | 321,174 | ||||||||||
| Endeavor Energy Resources LP/EER Finance, Inc.(1) | 5.75 | 01/30/28 | 315,000 | 319,268 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 205,000 | 191,464 | ||||||||||
The accompanying notes are an integral part of these financial statements.
35
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 51.0% (Continued) | ||||||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | $ | 125,000 | $ | 128,131 | ||||||||
| Global Marine, Inc. | 7.00 | 06/01/28 | 105,000 | 96,821 | ||||||||||
| Gran Tierra Energy, Inc.(1) | 7.75 | 05/23/27 | 38,000 | 32,544 | ||||||||||
| Greenfire Resources Ltd.(1) | 12.00 | 10/01/28 | 135,000 | 143,221 | ||||||||||
| Gulfport Energy Corp.(1) | 8.00 | 05/17/26 | 200,000 | 202,769 | ||||||||||
| Harbour Energy PLC(1) | 5.50 | 10/15/26 | 225,000 | 220,761 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 275,000 | 264,445 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 246,000 | 235,948 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 310,000 | 297,102 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 235,000 | 231,754 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 195,000 | 188,437 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 8.38 | 11/01/33 | 265,000 | 284,482 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 9.00 | 07/15/26 | 285,000 | 287,112 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.00 | 08/01/26 | 180,000 | 177,755 | ||||||||||
| Matador Resources Co.(1) | 6.50 | 04/15/32 | 400,000 | 396,714 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 235,000 | 237,007 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 270,000 | 261,476 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 7.50 | 01/15/26 | 275,000 | 274,467 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 10.50 | 05/15/27 | 181,000 | 185,276 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/27 | 208,000 | 206,064 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/42 | 160,000 | 141,047 | ||||||||||
| Murphy Oil Corp. | 6.38 | 07/15/28 | 160,000 | 159,990 | ||||||||||
| Nabors Industries Ltd.(1) | 7.25 | 01/15/26 | 220,000 | 218,092 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 165,000 | 156,603 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 345,000 | 342,235 | ||||||||||
| Nabors Industries, Inc.(1) | 9.13 | 01/31/30 | 300,000 | 309,579 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 270,000 | 278,423 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.13 | 03/01/28 | 315,000 | 318,978 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.75 | 06/15/31 | 225,000 | 236,960 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 390,000 | 353,773 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 361,000 | 326,529 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 195,000 | 190,723 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 370,000 | 361,178 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 7.88 | 09/15/30 | 225,000 | 231,589 | ||||||||||
| Permian Resources Operating LLC(1) | 5.38 | 01/15/26 | 145,000 | 143,409 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 307,000 | 298,596 | ||||||||||
| Permian Resources Operating LLC(1) | 7.00 | 01/15/32 | 450,000 | 459,034 | ||||||||||
| Permian Resources Operating LLC(1) | 7.75 | 02/15/26 | 150,000 | 151,481 | ||||||||||
| Permian Resources Operating LLC(1) | 8.00 | 04/15/27 | 225,000 | 231,200 | ||||||||||
| Permian Resources Operating LLC(1) | 9.88 | 07/15/31 | 235,000 | 260,066 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 180,000 | 178,291 | ||||||||||
| Precision Drilling Corp.(1) | 7.13 | 01/15/26 | 126,000 | 126,098 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 223,000 | 205,524 | ||||||||||
| Range Resources Corp. | 4.88 | 05/15/25 | 300,000 | 297,705 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 275,000 | 286,769 | ||||||||||
| Rockcliff Energy II LLC(1) | 5.50 | 10/15/29 | 315,000 | 290,686 | ||||||||||
| Seadrill Finance Ltd.(1) | 8.38 | 08/01/30 | 255,000 | 265,859 | ||||||||||
| Sitio Royalties Operating Partnership LP/Sitio Finance Corp.(1) | 7.88 | 11/01/28 | 275,000 | 283,050 | ||||||||||
The accompanying notes are an integral part of these financial statements.
36
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 51.0% (Continued) | ||||||||||||||
| SM Energy Co. | 5.63 | 06/01/25 | $ | 160,000 | $ | 158,959 | ||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 195,000 | 193,594 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 160,000 | 159,316 | ||||||||||
| SM Energy Co. | 6.75 | 09/15/26 | 200,000 | 200,136 | ||||||||||
| Southwestern Energy Co. | 4.75 | 02/01/32 | 515,000 | 464,154 | ||||||||||
| Southwestern Energy Co. | 5.38 | 02/01/29 | 295,000 | 283,199 | ||||||||||
| Southwestern Energy Co. | 5.38 | 03/15/30 | 565,000 | 536,921 | ||||||||||
| Southwestern Energy Co. | 8.38 | 09/15/28 | 130,000 | 134,325 | ||||||||||
| Strathcona Resources Ltd./Alberta(1) | 6.88 | 08/01/26 | 225,000 | 223,033 | ||||||||||
| Sunoco LP(1) | 7.00 | 05/01/29 | 335,000 | 340,484 | ||||||||||
| Sunoco LP(1) | 7.25 | 05/01/32 | 340,000 | 345,601 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 360,000 | 328,949 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 360,000 | 324,228 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 180,000 | 175,849 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 270,000 | 266,990 | ||||||||||
| Sunoco LP/Sunoco Finance Corp.(1) | 7.00 | 09/15/28 | 225,000 | 228,414 | ||||||||||
| Talos Production, Inc.(1) | 9.00 | 02/01/29 | 280,000 | 295,677 | ||||||||||
| Talos Production, Inc.(1) | 9.38 | 02/01/31 | 280,000 | 298,624 | ||||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 180,000 | 175,040 | ||||||||||
| Transocean Aquila Ltd.(1) | 8.00 | 09/30/28 | 135,000 | 137,441 | ||||||||||
| Transocean Poseidon Ltd.(1) | 6.88 | 02/01/27 | 189,000 | 188,546 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 235,000 | 241,458 | ||||||||||
| Transocean, Inc. | 6.80 | 03/15/38 | 275,000 | 222,808 | ||||||||||
| Transocean, Inc. | 7.50 | 04/15/31 | 180,000 | 162,625 | ||||||||||
| Transocean, Inc.(1) | 8.00 | 02/01/27 | 203,000 | 203,664 | ||||||||||
| Transocean, Inc.(1) | 8.25 | 05/15/29 | 400,000 | 397,949 | ||||||||||
| Transocean, Inc.(1) | 8.50 | 05/15/31 | 410,000 | 408,403 | ||||||||||
| Transocean, Inc.(1) | 8.75 | 02/15/30 | 531,000 | 554,042 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 500,000 | 514,595 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 186,000 | 181,189 | ||||||||||
| Viper Energy, Inc.(1) | 5.38 | 11/01/27 | 165,000 | 161,117 | ||||||||||
| Viper Energy, Inc.(1) | 7.38 | 11/01/31 | 215,000 | 221,806 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 139,000 | 140,025 | ||||||||||
| Vital Energy, Inc.(1) | 7.88 | 04/15/32 | 450,000 | 456,916 | ||||||||||
| Vital Energy, Inc. | 9.75 | 10/15/30 | 90,000 | 98,137 | ||||||||||
| W&T Offshore, Inc.(1) | 11.75 | 02/01/26 | 110,000 | 112,297 | ||||||||||
| 33,668,986 | ||||||||||||||
| OIL & GAS SERVICES – 5.8% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 360,000 | 352,984 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 225,000 | 224,668 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 185,000 | 179,617 | ||||||||||
| CGG SA(1) | 8.75 | 04/01/27 | 225,000 | 211,061 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 280,000 | 286,984 | ||||||||||
| Helix Energy Solutions Group, Inc.(1) | 9.75 | 03/01/29 | 140,000 | 148,943 | ||||||||||
| Kodiak Gas Services LLC(1) | 7.25 | 02/15/29 | 335,000 | 337,702 | ||||||||||
| Nine Energy Service, Inc. | 13.00 | 02/01/28 | 140,000 | 111,091 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 120,000 | 118,145 | ||||||||||
| Solaris Midstream Holdings LLC(1) | 7.63 | 04/01/26 | 185,000 | 185,954 | ||||||||||
The accompanying notes are an integral part of these financial statements.
37
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS SERVICES – 5.8% (Continued) | ||||||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 09/01/27 | $ | 335,000 | $ | 334,733 | ||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 7.13 | 03/15/29 | 445,000 | 442,519 | ||||||||||
| Weatherford International Ltd.(1) | 8.63 | 04/30/30 | 719,000 | 747,139 | ||||||||||
| Welltec International ApS(1) | 8.25 | 10/15/26 | 130,000 | 133,065 | ||||||||||
| 3,814,605 | ||||||||||||||
| PIPELINES – 39.8% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 343,000 | 326,657 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 315,000 | 309,529 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 285,000 | 279,187 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 6.63 | 02/01/32 | 275,000 | 274,386 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 7.88 | 05/15/26 | 215,000 | 219,093 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 6.63 | 07/15/26 | 135,000 | 134,386 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.63 | 12/15/25 | 275,000 | 276,443 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 270,000 | 254,420 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 180,000 | 167,749 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 225,000 | 209,768 | ||||||||||
| Buckeye Partners LP | 5.60 | 10/15/44 | 155,000 | 119,704 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 160,000 | 135,248 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 180,000 | 159,468 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 630,000 | 579,399 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | 180,000 | 175,967 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 8.63 | 03/15/29 | 380,000 | 383,208 | ||||||||||
| DT Midstream, Inc.(1) | 4.13 | 06/15/29 | 490,000 | 444,510 | ||||||||||
| DT Midstream, Inc.(1) | 4.38 | 06/15/31 | 455,000 | 404,259 | ||||||||||
| Energy Transfer LP | 8.00 | 05/15/54 | 360,000 | 371,032 | ||||||||||
| EQM Midstream Partners LP | 4.13 | 12/01/26 | 285,000 | 272,948 | ||||||||||
| EQM Midstream Partners LP(1) | 4.50 | 01/15/29 | 320,000 | 296,355 | ||||||||||
| EQM Midstream Partners LP(1) | 4.75 | 01/15/31 | 460,000 | 420,685 | ||||||||||
| EQM Midstream Partners LP | 5.50 | 07/15/28 | 425,000 | 414,334 | ||||||||||
| EQM Midstream Partners LP(1) | 6.00 | 07/01/25 | 141,000 | 140,884 | ||||||||||
| EQM Midstream Partners LP(1) | 6.38 | 04/01/29 | 290,000 | 287,535 | ||||||||||
| EQM Midstream Partners LP(1) | 6.50 | 07/01/27 | 368,000 | 368,807 | ||||||||||
| EQM Midstream Partners LP | 6.50 | 07/15/48 | 250,000 | 246,869 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/27 | 210,000 | 214,128 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/30 | 255,000 | 267,588 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 6.25 | 05/15/26 | 150,000 | 148,854 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 335,000 | 335,211 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 01/15/27 | 445,000 | 450,404 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25 | 01/15/29 | 245,000 | 248,683 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.88 | 04/15/30 | 225,000 | 233,052 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 6.88 | 01/15/29 | 175,000 | 171,416 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 7.00 | 08/01/27 | 170,000 | 168,817 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 8.25 | 01/15/32 | 200,000 | 205,039 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 360,000 | 361,327 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 350,000 | 316,153 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 245,000 | 234,732 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 165,000 | 157,926 | ||||||||||
The accompanying notes are an integral part of these financial statements.
38
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 39.8% (Continued) | ||||||||||||||
| Hess Midstream Operations LP(1) | 5.63 | 02/15/26 | $ | 365,000 | $ | 361,197 | ||||||||
| Howard Midstream Energy Partners LLC(1) | 6.75 | 01/15/27 | 180,000 | 177,759 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 8.88 | 07/15/28 | 245,000 | 257,053 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 546,000 | 493,714 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 445,000 | 430,602 | ||||||||||
| Kinetik Holdings LP(1) | 6.63 | 12/15/28 | 360,000 | 362,021 | ||||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | 185,000 | 196,419 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | 675,000 | 646,028 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.75 | 09/15/25 | 395,000 | 390,476 | ||||||||||
| New Fortress Energy, Inc.(1) | 8.75 | 03/15/29 | 340,000 | 331,899 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.13 | 02/15/29 | 400,000 | 406,708 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.38 | 02/15/32 | 575,000 | 584,701 | ||||||||||
| Northriver Midstream Finance LP(1) | 5.63 | 02/15/26 | 235,000 | 230,268 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 233,000 | 228,124 | ||||||||||
| NuStar Logistics LP | 5.75 | 10/01/25 | 275,000 | 273,700 | ||||||||||
| NuStar Logistics LP | 6.00 | 06/01/26 | 225,000 | 223,474 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 275,000 | 272,094 | ||||||||||
| Prairie Acquiror LP(1) | 9.00 | 08/01/29 | 185,000 | 189,112 | ||||||||||
| Rockies Express Pipeline LLC(1) | 3.60 | 05/15/25 | 145,000 | 140,634 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | 160,000 | 144,189 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 270,000 | 248,448 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.88 | 04/15/40 | 210,000 | 199,788 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 130,000 | 133,451 | ||||||||||
| Summit Midstream Holdings LLC/Summit Midstream Finance Corp.(1),(2) | 9.50 | 10/15/26 | 277,000 | 283,050 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 345,000 | 327,845 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 03/01/27 | 175,000 | 170,623 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 335,000 | 315,478 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 206,000 | 191,428 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.38 | 02/15/29 | 360,000 | 360,705 | ||||||||||
| TransMontaigne Partners LP/TLP Finance Corp. | 6.13 | 02/15/26 | 120,000 | 114,971 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 560,000 | 495,215 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 562,000 | 461,868 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 560,000 | 489,153 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 450,000 | 445,256 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.13 | 06/01/28 | 1,010,000 | 1,033,556 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.38 | 06/01/31 | 1,010,000 | 1,037,141 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.50 | 02/01/29 | 1,345,000 | 1,446,530 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.88 | 02/01/32 | 895,000 | 955,620 | ||||||||||
| 26,236,458 | ||||||||||||||
| RETAIL – 0.4% | ||||||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 275,000 | 248,994 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $64,316,818) | 64,452,853 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
39
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 4.7% | ||||||||||||||
| TIME DEPOSITS – 4.7% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | $ | 3,087,169 | $ | 3,087,169 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $3,087,169) | 3,087,169 | |||||||||||||
| TOTAL INVESTMENTS – 102.4% (Cost - $67,403,987) | $ | 67,540,022 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (2.4)% | (1,572,264 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 65,967,758 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $53,778,016 and represents 81.5% 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 April 30, 2024. |
The accompanying notes are an integral part of these financial statements.
40
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.4% | ||||||||||||||
| APPAREL – 2.6% | ||||||||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | $ | 97,000 | $ | 81,504 | ||||||||
| Crocs, Inc.(1) | 4.25 | 03/15/29 | 100,000 | 89,751 | ||||||||||
| Hanesbrands, Inc.(1) | 4.88 | 05/15/26 | 253,000 | 244,929 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 160,000 | 159,361 | ||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 114,000 | 101,372 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 140,000 | 119,616 | ||||||||||
| Under Armour, Inc. | 3.25 | 06/15/26 | 160,000 | 150,791 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 135,000 | 131,534 | ||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 145,000 | 115,936 | ||||||||||
| 1,194,794 | ||||||||||||||
| AUTO MANUFACTURERS – 3.2% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 260,000 | 222,793 | ||||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 115,000 | 110,028 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 137,000 | 133,669 | ||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.00 | 03/31/29 | 265,000 | 259,807 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | 145,000 | 135,109 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | 112,000 | 105,496 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 140,000 | 136,215 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 7.75 | 10/15/25 | 195,000 | 196,179 | ||||||||||
| McLaren Finance PLC(1) | 7.50 | 08/01/26 | 171,000 | 149,970 | ||||||||||
| 1,449,266 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 8.6% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 4.88 | 08/15/26 | 217,000 | 208,867 | ||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 135,000 | 136,525 | ||||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 130,000 | 135,127 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 150,000 | 135,478 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 145,000 | 143,729 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 109,000 | 108,303 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 97,000 | 84,146 | ||||||||||
| Dana, Inc. | 4.50 | 02/15/32 | 98,000 | 83,227 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 109,000 | 105,436 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 114,000 | 109,979 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 195,000 | 187,164 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 05/31/26 | 240,000 | 232,717 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 225,000 | 204,293 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 148,000 | 132,849 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 157,000 | 138,995 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 124,000 | 109,242 | ||||||||||
| Goodyear Tire & Rubber Co. | 9.50 | 05/31/25 | 216,000 | 216,945 | ||||||||||
| Phinia, Inc.(1) | 6.75 | 04/15/29 | 141,000 | 141,678 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 160,000 | 137,252 | ||||||||||
| Tenneco, Inc.(1) | 8.00 | 11/17/28 | 505,000 | 472,366 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.75 | 04/23/30 | 210,000 | 210,627 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 165,000 | 166,277 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/23/32 | 185,000 | 187,072 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 165,000 | 168,877 | ||||||||||
| 3,957,171 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
41
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMMERCIAL SERVICES – 2.5% | ||||||||||||||
| Champions Financing, Inc.(1) | 8.75 | 02/15/29 | $ | 165,000 | $ | 168,796 | ||||||||
| Mavis Tire Express Services Topco Corp.(1) | 6.50 | 05/15/29 | 196,000 | 181,771 | ||||||||||
| Sabre GLBL, Inc.(1) | 8.63 | 06/01/27 | 235,000 | 208,134 | ||||||||||
| Sabre GLBL, Inc.(1) | 11.25 | 12/15/27 | 155,000 | 144,960 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 125,000 | 120,114 | ||||||||||
| Wand NewCo 3, Inc.(1) | 7.63 | 01/30/32 | 330,000 | 335,757 | ||||||||||
| 1,159,532 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.5% | ||||||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 135,000 | 132,941 | ||||||||||
| G-III Apparel Group Ltd.(1) | 7.88 | 08/15/25 | 108,000 | 108,630 | ||||||||||
| 241,571 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.2% | ||||||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 105,000 | 87,173 | ||||||||||
| ENTERTAINMENT – 21.6% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 150,000 | 134,370 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 262,000 | 179,988 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 192,000 | 174,833 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 310,000 | 276,818 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.50 | 02/15/32 | 400,000 | 394,371 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 553,000 | 557,229 | ||||||||||
| Caesars Entertainment, Inc.(1) | 8.13 | 07/01/27 | 446,000 | 452,339 | ||||||||||
| CCM Merger, Inc.(1) | 6.38 | 05/01/26 | 62,000 | 61,895 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC | 5.25 | 07/15/29 | 140,000 | 130,800 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC | 5.38 | 04/15/27 | 140,000 | 136,486 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC(1) | 5.50 | 05/01/25 | 280,000 | 280,000 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC | 6.50 | 10/01/28 | 72,000 | 71,913 | ||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | 190,000 | 179,643 | ||||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 166,000 | 161,753 | ||||||||||
| Churchill Downs, Inc.(1) | 5.75 | 04/01/30 | 317,000 | 301,864 | ||||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | 160,000 | 159,040 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 211,000 | 196,152 | ||||||||||
| Cinemark USA, Inc.(1) | 5.88 | 03/15/26 | 110,000 | 108,970 | ||||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 83,000 | 77,027 | ||||||||||
| Everi Holdings, Inc.(1) | 5.00 | 07/15/29 | 114,000 | 111,845 | ||||||||||
| International Game Technology PLC(1) | 4.13 | 04/15/26 | 195,000 | 187,921 | ||||||||||
| International Game Technology PLC(1) | 5.25 | 01/15/29 | 205,000 | 193,787 | ||||||||||
| International Game Technology PLC(1) | 6.25 | 01/15/27 | 205,000 | 204,841 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 135,000 | 128,272 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.00 | 05/15/28 | 187,000 | 187,786 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.25 | 11/15/29 | 126,000 | 127,270 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.50 | 09/01/31 | 155,000 | 158,185 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 130,000 | 118,155 | ||||||||||
The accompanying notes are an integral part of these financial statements.
42
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENTERTAINMENT – 21.6% (Continued) | ||||||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | $ | 253,000 | $ | 238,666 | ||||||||
| Live Nation Entertainment, Inc.(1) | 5.63 | 03/15/26 | 82,000 | 80,630 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 332,000 | 332,933 | ||||||||||
| Merlin Entertainments Group US Holdings, Inc.(1) | 7.38 | 02/15/31 | 135,000 | 135,728 | ||||||||||
| Merlin Entertainments Ltd.(1) | 5.75 | 06/15/26 | 113,000 | 111,751 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 202,000 | 184,414 | ||||||||||
| Mohegan Tribal Gaming Authority(1) | 8.00 | 02/01/26 | 311,000 | 295,671 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 115,000 | 110,998 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 110,000 | 113,426 | ||||||||||
| Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.(1) | 8.00 | 08/01/30 | 115,000 | 116,838 | ||||||||||
| Penn Entertainment, Inc.(1) | 4.13 | 07/01/29 | 112,000 | 93,895 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 110,000 | 104,622 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 202,000 | 150,733 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 197,000 | 141,616 | ||||||||||
| Raptor Acquisition Corp./Raptor Co.-Issuer LLC(1) | 4.88 | 11/01/26 | 93,000 | 88,492 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 272,000 | 241,612 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 80,000 | 67,932 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 8.45 | 07/27/30 | 110,000 | 115,319 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 208,000 | 196,944 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 202,000 | 186,428 | ||||||||||
| Six Flags Entertainment Corp.(1) | 5.50 | 04/15/27 | 140,000 | 135,675 | ||||||||||
| Six Flags Entertainment Corp.(1) | 7.25 | 05/15/31 | 215,000 | 214,706 | ||||||||||
| Six Flags Entertainment Corp./Six Flags Theme Parks, Inc.(1) | 6.63 | 05/01/32 | 220,000 | 219,281 | ||||||||||
| Six Flags Theme Parks, Inc.(1) | 7.00 | 07/01/25 | 103,000 | 103,301 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 98,000 | 92,342 | ||||||||||
| Vail Resorts, Inc.(1) | 6.25 | 05/15/25 | 170,000 | 170,218 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 202,000 | 187,570 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 265,000 | 268,957 | ||||||||||
| 9,954,251 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.3% | ||||||||||||||
| Benteler International AG(1) | 10.50 | 05/15/28 | 135,000 | 143,866 | ||||||||||
| HOME BUILDERS – 0.8% | ||||||||||||||
| Forestar Group, Inc.(1) | 3.85 | 05/15/26 | 108,000 | 102,595 | ||||||||||
| Forestar Group, Inc.(1) | 5.00 | 03/01/28 | 85,000 | 80,585 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 140,000 | 121,217 | ||||||||||
| Winnebago Industries, Inc.(1) | 6.25 | 07/15/28 | 83,000 | 81,325 | ||||||||||
| 385,722 | ||||||||||||||
| INTERNET – 3.3% | ||||||||||||||
| GrubHub Holdings, Inc.(1) | 5.50 | 07/01/27 | 135,000 | 120,530 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 5.13 | - | 210,000 | 174,932 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | - | 265,000 | 192,296 | ||||||||||
| Rakuten Group, Inc.(1) | 9.75 | 04/15/29 | 520,000 | 515,753 | ||||||||||
| Rakuten Group, Inc.(1) | 11.25 | 02/15/27 | 500,000 | 520,887 | ||||||||||
| 1,524,398 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
43
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LEISURE TIME – 17.7% | ||||||||||||||
| Carnival Corp.(1) | 4.00 | 08/01/28 | $ | 632,000 | $ | 578,277 | ||||||||
| Carnival Corp.(1) | 5.75 | 03/01/27 | 728,000 | 710,995 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 537,000 | 520,712 | ||||||||||
| Carnival Corp.(1) | 7.00 | 08/15/29 | 140,000 | 143,811 | ||||||||||
| Carnival Corp.(1) | 7.63 | 03/01/26 | 372,000 | 374,558 | ||||||||||
| Carnival Corp.(1) | 10.50 | 06/01/30 | 270,000 | 293,395 | ||||||||||
| Carnival Holdings Bermuda Ltd.(1) | 10.38 | 05/01/28 | 560,000 | 607,540 | ||||||||||
| Life Time, Inc.(1) | 5.75 | 01/15/26 | 258,000 | 255,385 | ||||||||||
| Life Time, Inc.(1) | 8.00 | 04/15/26 | 125,000 | 125,319 | ||||||||||
| Lindblad Expeditions Holdings, Inc.(1) | 9.00 | 05/15/28 | 70,000 | 73,284 | ||||||||||
| Lindblad Expeditions LLC(1) | 6.75 | 02/15/27 | 103,000 | 102,121 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 03/15/26 | 387,000 | 379,465 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 02/15/27 | 265,000 | 259,063 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 150,000 | 153,331 | ||||||||||
| NCL Corp. Ltd.(1) | 8.13 | 01/15/29 | 220,000 | 229,287 | ||||||||||
| NCL Corp. Ltd.(1) | 8.38 | 02/01/28 | 166,000 | 173,249 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 142,000 | 138,669 | ||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | 135,000 | 124,150 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 4.25 | 07/01/26 | 175,000 | 168,162 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.38 | 07/15/27 | 277,000 | 269,752 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 275,000 | 269,949 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 04/01/28 | 392,000 | 381,834 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 6.25 | 03/15/32 | 330,000 | 325,534 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 7.25 | 01/15/30 | 195,000 | 200,653 | ||||||||||
| Royal Caribbean Cruises Ltd. | 7.50 | 10/15/27 | 82,000 | 85,468 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 9.25 | 01/15/29 | 275,000 | 293,880 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 09/15/27 | 225,000 | 218,329 | ||||||||||
| Viking Cruises Ltd.(1) | 6.25 | 05/15/25 | 70,000 | 69,828 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 135,000 | 134,599 | ||||||||||
| Viking Cruises Ltd.(1) | 9.13 | 07/15/31 | 185,000 | 198,564 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 97,000 | 92,901 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 180,000 | 171,791 | ||||||||||
| 8,123,855 | ||||||||||||||
| LODGING – 12.5% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | 275,000 | 261,049 | ||||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 238,000 | 210,931 | ||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 113,000 | 107,935 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 3.30 | 02/15/26 | 140,000 | 133,895 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 397,000 | 333,903 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 205,000 | 184,024 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 297,000 | 260,519 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 280,000 | 263,393 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.38 | 05/01/25 | 135,000 | 134,221 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 142,000 | 140,467 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 04/01/29 | 150,000 | 148,130 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 6.13 | 04/01/32 | 120,000 | 118,380 | ||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc.(1) | 4.88 | 07/01/31 | 125,000 | 108,942 | ||||||||||
The accompanying notes are an integral part of these financial statements.
44
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LODGING – 12.5% (Continued) | ||||||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc.(1) | 5.00 | 06/01/29 | $ | 238,000 | $ | 216,685 | ||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc.(1) | 6.63 | 01/15/32 | 245,000 | 241,731 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 165,000 | 160,579 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 127,000 | 114,132 | ||||||||||
| Marriott Ownership Resorts, Inc. | 4.75 | 01/15/28 | 95,000 | 88,096 | ||||||||||
| MGM Resorts International | 4.63 | 09/01/26 | 110,000 | 105,997 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 210,000 | 196,037 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 188,000 | 183,467 | ||||||||||
| MGM Resorts International | 5.75 | 06/15/25 | 185,000 | 184,087 | ||||||||||
| MGM Resorts International | 6.50 | 04/15/32 | 200,000 | 194,199 | ||||||||||
| MGM Resorts International | 6.75 | 05/01/25 | 177,000 | 176,913 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 191,000 | 177,303 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 135,000 | 118,456 | ||||||||||
| Station Casinos LLC(1) | 6.63 | 03/15/32 | 135,000 | 132,401 | ||||||||||
| Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp.(1) | 5.88 | 05/15/25 | 77,000 | 76,381 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 170,000 | 153,349 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 97,000 | 86,728 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 115,000 | 113,687 | ||||||||||
| Travel + Leisure Co. | 6.60 | 10/01/25 | 90,000 | 90,579 | ||||||||||
| Travel + Leisure Co.(1) | 6.63 | 07/31/26 | 177,000 | 177,331 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 140,000 | 128,472 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 233,000 | 225,331 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.50 | 03/01/25 | 15,000 | 14,989 | ||||||||||
| 5,762,719 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.3% | ||||||||||||||
| Gates Global LLC/Gates Corp.(1) | 6.25 | 01/15/26 | 155,000 | 155,215 | ||||||||||
| REAL ESTATE – 4.5% | ||||||||||||||
| Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.(1) | 7.00 | 04/15/30 | 180,200 | 158,304 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 171,000 | 168,749 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 8.88 | 09/01/31 | 105,000 | 109,030 | ||||||||||
| Five Point Operating Co. LP/Five Point Capital Corp.(1),(3) | 10.50 | 01/15/28 | 141,402 | 144,395 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 7.75 | 09/01/30 | 110,000 | 113,411 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 167,000 | 147,626 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 175,000 | 148,570 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 212,000 | 199,690 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 176,000 | 157,165 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 169,000 | 139,926 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 158,000 | 125,276 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 160,000 | 124,484 | ||||||||||
| Newmark Group, Inc.(1) | 7.50 | 01/12/29 | 155,000 | 156,643 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 125,000 | 84,014 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 154,000 | 107,639 | ||||||||||
| 2,084,922 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
45
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 19.6% | ||||||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | $ | 108,000 | $ | 105,685 | ||||||||
| Advance Auto Parts, Inc. | 1.75 | 10/01/27 | 100,000 | 85,924 | ||||||||||
| Advance Auto Parts, Inc. | 3.50 | 03/15/32 | 90,000 | 75,155 | ||||||||||
| Advance Auto Parts, Inc. | 3.90 | 04/15/30 | 125,000 | 111,647 | ||||||||||
| Advance Auto Parts, Inc. | 5.90 | 03/09/26 | 80,000 | 79,810 | ||||||||||
| Advance Auto Parts, Inc. | 5.95 | 03/09/28 | 90,000 | 88,962 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 110,000 | 103,300 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 210,000 | 190,100 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 125,000 | 113,436 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 161,000 | 143,256 | ||||||||||
| At Home Group, Inc.(1) | 4.88 | 07/15/28 | 57,000 | 27,503 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 127,000 | 122,257 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 237,000 | 237,005 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 85,000 | 85,608 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 145,000 | 141,639 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 220,000 | 218,757 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 80,000 | 77,381 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 135,000 | 138,685 | ||||||||||
| Bath & Body Works, Inc.(1) | 9.38 | 07/01/25 | 90,000 | 93,229 | ||||||||||
| Evergreen Acqco 1 LP/TVI, Inc.(1) | 9.75 | 04/26/28 | 118,000 | 125,115 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 268,000 | 242,659 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 337,000 | 293,431 | ||||||||||
| Foot Locker, Inc.(1) | 4.00 | 10/01/29 | 109,000 | 87,329 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 202,000 | 171,090 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 192,000 | 156,251 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.38 | 01/15/29 | 150,000 | 143,054 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.75 | 01/15/32 | 145,000 | 137,034 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 202,000 | 183,912 | ||||||||||
| Guitar Center, Inc.(1) | 8.50 | 01/15/26 | 150,000 | 133,014 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 108,000 | 100,307 | ||||||||||
| Kohl’s Corp. | 4.25 | 07/17/25 | 95,000 | 92,702 | ||||||||||
| Kohl’s Corp. | 4.63 | 05/01/31 | 127,000 | 104,835 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 114,000 | 78,326 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 270,000 | 246,855 | ||||||||||
| LCM Investments Holdings II LLC(1) | 8.25 | 08/01/31 | 225,000 | 233,949 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 207,000 | 183,032 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 145,000 | 127,086 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 115,000 | 108,526 | ||||||||||
| LSF9 Atlantis Holdings LLC/Victra Finance Corp.(1) | 7.75 | 02/15/26 | 203,000 | 199,187 | ||||||||||
| Macy’s Retail Holdings LLC | 4.30 | 02/15/43 | 65,000 | 51,473 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 90,000 | 76,793 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 63,000 | 53,100 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 04/01/29 | 140,000 | 135,128 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 125,000 | 119,252 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 115,000 | 108,900 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 238,000 | 201,709 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 302,000 | 221,527 | ||||||||||
| NMG Holding Co., Inc./Neiman Marcus Group LLC(1) | 7.13 | 04/01/26 | 305,000 | 303,872 | ||||||||||
The accompanying notes are an integral part of these financial statements.
46
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 19.6% (Continued) | ||||||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | $ | 96,000 | $ | 91,201 | ||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 120,000 | 103,631 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 132,000 | 117,939 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 254,000 | 193,075 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 83,000 | 82,390 | ||||||||||
| Penske Automotive Group, Inc. | 3.50 | 09/01/25 | 155,000 | 149,637 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 125,000 | 109,999 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 4.75 | 02/15/28 | 322,000 | 297,494 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 7.75 | 02/15/29 | 310,000 | 294,972 | ||||||||||
| QVC, Inc. | 4.38 | 09/01/28 | 135,000 | 103,939 | ||||||||||
| QVC, Inc. | 4.75 | 02/15/27 | 163,000 | 142,206 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 103,000 | 67,748 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 72,000 | 44,117 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 6.75 | 03/01/32 | 160,000 | 154,825 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 173,000 | 155,024 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 130,000 | 113,559 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 160,000 | 125,846 | ||||||||||
| 9,006,389 | ||||||||||||||
| TEXTILES – 0.2% | ||||||||||||||
| Eagle Intermediate Global Holding BV/Eagle US Finance LLC(1) | 7.50 | 05/01/25 | 146,000 | 92,836 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $45,156,621) | 45,323,680 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.9% | ||||||||||||||
| TIME DEPOSITS – 0.9% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 4.67 | 05/01/24 | 411,151 | 411,151 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $411,151) | 411,151 | |||||||||||||
| TOTAL INVESTMENTS – 99.3% (Cost - $45,567,772) | $ | 45,734,831 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.7% | 320,494 | |||||||||||||
| NET ASSETS – 100.0% | $ | 46,055,325 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $36,963,303 and represents 80.3% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
| (2) | Security is perpetual in nature and has no stated maturity date. |
| (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 April 30, 2024. |
The accompanying notes are an integral part of these financial statements.
47
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| AGRICULTURE – 2.7% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | $ | 53,000 | $ | 51,407 | ||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 97,000 | 94,290 | ||||||||||
| Turning Point Brands, Inc.(1) | 5.63 | 02/15/26 | 25,000 | 24,477 | ||||||||||
| Vector Group Ltd.(1) | 5.75 | 02/01/29 | 85,000 | 77,367 | ||||||||||
| Vector Group Ltd.(1) | 10.50 | 11/01/26 | 49,000 | 49,415 | ||||||||||
| 296,956 | ||||||||||||||
| BEVERAGES – 1.2% | ||||||||||||||
| Primo Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 72,000 | 65,786 | ||||||||||
| Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 72,000 | 64,636 | ||||||||||
| 130,422 | ||||||||||||||
| BUILDING MATERIALS – 0.3% | ||||||||||||||
| ACProducts Holdings, Inc.(1) | 6.38 | 05/15/29 | 49,000 | 34,242 | ||||||||||
| CHEMICALS – 0.5% | ||||||||||||||
| Cerdia Finanz GmbH(1) | 10.50 | 02/15/27 | 50,000 | 51,881 | ||||||||||
| COMMERCIAL SERVICES – 0.3% | ||||||||||||||
| Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc.(1) | 5.00 | 02/01/26 | 37,000 | 36,607 | ||||||||||
| COSMETICS/PERSONAL CARE – 3.0% | ||||||||||||||
| Coty, Inc.(1) | 5.00 | 04/15/26 | 54,000 | 53,011 | ||||||||||
| Coty, Inc.(1) | 6.50 | 04/15/26 | 36,000 | 36,058 | ||||||||||
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC(1) | 4.75 | 01/15/29 | 50,000 | 46,657 | ||||||||||
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC(1) | 6.63 | 07/15/30 | 75,000 | 75,104 | ||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 48,000 | 43,438 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 72,000 | 69,551 | ||||||||||
| Oriflame Investment Holding PLC(1) | 5.13 | 05/04/26 | 55,000 | 14,850 | ||||||||||
| 338,669 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.2% | ||||||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 30,000 | 26,339 | ||||||||||
| ELECTRIC – 26.3% | ||||||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 72,000 | 62,517 | ||||||||||
| Atlantica Sustainable Infrastructure PLC(1) | 4.13 | 06/15/28 | 37,000 | 33,539 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 81,000 | 70,162 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 121,000 | 113,100 | ||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 60,000 | 55,173 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 85,000 | 77,115 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 140,000 | 132,924 | ||||||||||
| Calpine Corp.(1) | 5.25 | 06/01/26 | 42,000 | 41,439 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 90,000 | 76,192 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 36,000 | 29,843 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 80,000 | 75,463 | ||||||||||
| DPL, Inc. | 4.13 | 07/01/25 | 37,000 | 35,975 | ||||||||||
| DPL, Inc. | 4.35 | 04/15/29 | 37,000 | 33,395 | ||||||||||
| Drax FinCo. PLC(1) | 6.63 | 11/01/25 | 48,000 | 48,000 | ||||||||||
| Edison International | 7.88 | 06/15/54 | 40,000 | 40,749 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 50,000 | 51,121 | ||||||||||
The accompanying notes are an integral part of these financial statements.
48
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 26.3% (Continued) | ||||||||||||||
| Electricite de France SA(1),(2) | 9.13 | - | $ | 145,000 | $ | 157,811 | ||||||||
| Emera, Inc. | 6.75 | 06/15/76 | 120,000 | 119,082 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 36,000 | 29,834 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 3.88 | 10/15/26 | 48,000 | 44,950 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 4.50 | 09/15/27 | 59,000 | 55,032 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 7.25 | 01/15/29 | 70,000 | 70,974 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 51,000 | 44,772 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 87,000 | 73,738 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 55,000 | 46,391 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 72,000 | 68,165 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 80,000 | 78,812 | ||||||||||
| NRG Energy, Inc. | 6.63 | 01/15/27 | 35,000 | 34,962 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 61,000 | 54,610 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 97,000 | 92,511 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 97,000 | 90,914 | ||||||||||
| Talen Energy Supply LLC(1) | 8.63 | 06/01/30 | 120,000 | 127,059 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 30,000 | 29,089 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 37,000 | 37,908 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 116,000 | 105,725 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 127,000 | 120,980 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.50 | 09/01/26 | 102,000 | 99,634 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 127,000 | 123,669 | ||||||||||
| Vistra Operations Co. LLC(1) | 6.88 | 04/15/32 | 100,000 | 99,651 | ||||||||||
| Vistra Operations Co. LLC(1) | 7.75 | 10/15/31 | 135,000 | 138,560 | ||||||||||
| 2,921,540 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.3% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 78,000 | 68,978 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 60,000 | 54,575 | ||||||||||
| Energizer Holdings, Inc.(1) | 6.50 | 12/31/27 | 25,000 | 24,720 | ||||||||||
| 148,273 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 2.0% | ||||||||||||||
| Sunnova Energy Corp.(1) | 5.88 | 09/01/26 | 37,000 | 23,047 | ||||||||||
| Sunnova Energy Corp.(1) | 11.75 | 10/01/28 | 40,000 | 23,921 | ||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 67,000 | 59,790 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 67,000 | 62,586 | ||||||||||
| Topaz Solar Farms LLC(1) | 5.75 | 09/30/39 | 51,065 | 50,605 | ||||||||||
| 219,949 | ||||||||||||||
| FOOD – 24.0% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.25 | 03/15/26 | 68,000 | 64,645 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 138,000 | 121,903 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 133,000 | 127,199 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 92,000 | 85,880 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 67,000 | 65,715 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 75,000 | 75,004 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 7.50 | 03/15/26 | 60,000 | 60,959 | ||||||||||
| Aragvi Finance International DAC(1) | 8.45 | 04/29/26 | 48,000 | 39,341 | ||||||||||
The accompanying notes are an integral part of these financial statements.
49
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FOOD – 24.0% (Continued) | ||||||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | $ | 59,000 | $ | 54,526 | ||||||||
| B&G Foods, Inc.(1) | 8.00 | 09/15/28 | 50,000 | 51,875 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 37,000 | 28,543 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 42,000 | 38,920 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.63 | 07/01/29 | 45,000 | 45,532 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 7.88 | 03/01/31 | 50,000 | 50,988 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 31,000 | 26,713 | ||||||||||
| KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc.(1) | 9.00 | 02/15/29 | 75,000 | 75,823 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 95,000 | 84,734 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 70,000 | 60,711 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 47,000 | 44,915 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 97,000 | 87,013 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 107,000 | 103,673 | ||||||||||
| Performance Food Group, Inc.(1) | 6.88 | 05/01/25 | 20,000 | 20,000 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 85,000 | 70,057 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 90,000 | 79,687 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 100,000 | 99,561 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 50,000 | 51,891 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 96,000 | 84,473 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 133,000 | 120,202 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 115,000 | 109,200 | ||||||||||
| Post Holdings, Inc.(1) | 5.63 | 01/15/28 | 92,000 | 89,369 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 02/15/32 | 100,000 | 98,790 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 25,000 | 26,110 | ||||||||||
| Sigma Holdco BV(1) | 7.88 | 05/15/26 | 47,000 | 44,605 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 80,000 | 69,105 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 48,000 | 42,558 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 48,000 | 36,890 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 48,000 | 43,686 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 85,000 | 79,283 | ||||||||||
| US Foods, Inc.(1) | 6.88 | 09/15/28 | 50,000 | 50,488 | ||||||||||
| US Foods, Inc.(1) | 7.25 | 01/15/32 | 50,000 | 51,118 | ||||||||||
| 2,661,685 | ||||||||||||||
| GAS – 2.1% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.50 | 05/20/25 | 66,000 | 65,666 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 53,000 | 51,493 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.88 | 08/20/26 | 67,000 | 65,940 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.38 | 06/01/28 | 45,000 | 46,801 | ||||||||||
| 229,900 | ||||||||||||||
| HOME FURNISHINGS – 1.2% | ||||||||||||||
| Tempur Sealy International, Inc.(1) | 3.88 | 10/15/31 | 75,000 | 61,821 | ||||||||||
| Tempur Sealy International, Inc.(1) | 4.00 | 04/15/29 | 77,000 | 68,536 | ||||||||||
| 130,357 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
50
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOUSEHOLD PRODUCTS/WARES – 2.8% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | $ | 55,000 | $ | 47,885 | ||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 48,000 | 41,969 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 37,000 | 32,048 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 35,000 | 33,544 | ||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 5.00 | 12/31/26 | 47,000 | 45,459 | ||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 7.00 | 12/31/27 | 50,000 | 48,415 | ||||||||||
| Spectrum Brands, Inc.(1) | 3.88 | 03/15/31 | 38,000 | 35,594 | ||||||||||
| Spectrum Brands, Inc.(1) | 5.00 | 10/01/29 | 30,000 | 29,255 | ||||||||||
| 314,169 | ||||||||||||||
| HOUSEWARES – 5.8% | ||||||||||||||
| CD&R Smokey Buyer, Inc.(1) | 6.75 | 07/15/25 | 67,000 | 66,661 | ||||||||||
| Newell Brands, Inc. | 4.88 | 06/01/25 | 48,000 | 47,273 | ||||||||||
| Newell Brands, Inc. | 5.70 | 04/01/26 | 188,000 | 185,161 | ||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 49,000 | 47,935 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 48,000 | 46,452 | ||||||||||
| Newell Brands, Inc. | 6.88 | 04/01/36 | 42,000 | 36,707 | ||||||||||
| Newell Brands, Inc. | 7.00 | 04/01/46 | 65,000 | 52,803 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 50,000 | 42,162 | ||||||||||
| Scotts Miracle-Gro Co. | 4.38 | 02/01/32 | 35,000 | 29,492 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 45,000 | 40,169 | ||||||||||
| Scotts Miracle-Gro Co. | 5.25 | 12/15/26 | 15,000 | 14,616 | ||||||||||
| SWF Escrow Issuer Corp.(1) | 6.50 | 10/01/29 | 60,000 | 37,132 | ||||||||||
| 646,563 | ||||||||||||||
| LEISURE TIME – 1.9% | ||||||||||||||
| Acushnet Co.(1) | 7.38 | 10/15/28 | 35,000 | 35,966 | ||||||||||
| Amer Sports Co.(1) | 6.75 | 02/16/31 | 80,000 | 78,851 | ||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 49,000 | 46,021 | ||||||||||
| Vista Outdoor, Inc.(1) | 4.50 | 03/15/29 | 48,000 | 47,450 | ||||||||||
| 208,288 | ||||||||||||||
| PHARMACEUTICALS – 1.9% | ||||||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 80,000 | 81,029 | ||||||||||
| Herbalife Nutrition Ltd./HLF Financing, Inc.(1) | 7.88 | 09/01/25 | 25,000 | 24,009 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 60,000 | 35,295 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 12.25 | 04/15/29 | 80,000 | 76,491 | ||||||||||
| 216,824 | ||||||||||||||
| RETAIL – 20.5% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 73,000 | 65,240 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 142,000 | 131,121 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 278,000 | 239,926 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 82,000 | 76,336 | ||||||||||
| 99 Cents Only Stores LLC(1),(3) | 7.50 | 01/15/26 | 35,000 | 11,200 | ||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 42,000 | 33,887 | ||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 30,000 | 27,682 | ||||||||||
| Brinker International, Inc.(1) | 8.25 | 07/15/30 | 35,000 | 36,472 | ||||||||||
| Carrols Restaurant Group, Inc.(1) | 5.88 | 07/01/29 | 25,000 | 25,451 | ||||||||||
| CEC Entertainment LLC(1) | 6.75 | 05/01/26 | 62,000 | 61,187 | ||||||||||
| Dave & Buster’s, Inc.(1) | 7.63 | 11/01/25 | 42,000 | 42,311 | ||||||||||
The accompanying notes are an integral part of these financial statements.
51
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 20.5% (Continued) | ||||||||||||||
| eG Global Finance PLC(1) | 12.00 | 11/30/28 | $ | 105,000 | $ | 108,498 | ||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.38 | 04/01/26 | 60,000 | 58,839 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 84,000 | 79,669 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 36,000 | 27,389 | ||||||||||
| IRB Holding Corp.(1) | 7.00 | 06/15/25 | 67,000 | 66,914 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 73,000 | 70,524 | ||||||||||
| Marks & Spencer PLC(1) | 7.13 | 12/01/37 | 30,000 | 30,745 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 47,000 | 40,388 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 50,000 | 46,587 | ||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | 30,000 | 29,629 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 37,000 | 32,233 | ||||||||||
| Raising Cane’s Restaurants LLC(1) | 9.38 | 05/01/29 | 50,000 | 53,688 | ||||||||||
| Sizzling Platter LLC/Sizzling Platter Finance Corp.(1) | 8.50 | 11/28/25 | 35,000 | 35,416 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 62,000 | 55,130 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 35,000 | 34,512 | ||||||||||
| Walgreen Co. | 4.40 | 09/15/42 | 20,000 | 16,042 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.20 | 04/15/30 | 50,000 | 42,902 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.45 | 06/01/26 | 140,000 | 132,392 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.10 | 04/15/50 | 70,000 | 49,262 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.50 | 11/18/34 | 25,000 | 21,522 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.65 | 06/01/46 | 30,000 | 24,207 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.80 | 11/18/44 | 75,000 | 60,664 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 108,000 | 93,408 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 103,000 | 92,821 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 79,000 | 74,007 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 30,000 | 27,912 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 100,000 | 94,420 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 25,000 | 26,562 | ||||||||||
| 2,277,095 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $10,914,315) | 10,889,759 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.2% | ||||||||||||||
| TIME DEPOSITS – 1.2% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 4.67 | 05/01/24 | 130,111 | 130,111 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $130,111) | 130,111 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $11,044,426) | $ | 11,019,870 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 85,576 | |||||||||||||
| NET ASSETS – 100.0% | $ | 11,105,446 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $8,164,110 and represents 73.5% 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. |
| (3) | 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.
52
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Sector Rotation ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Shares | Value | |||||||
| EXCHANGE-TRADED FUNDS – 100.0% | ||||||||
| UNITED STATES(a) – 100.0% | ||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 138,997 | $ | 5,118,022 | |||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 84,706 | 3,130,734 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 101,767 | 3,941,365 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 128,761 | 4,716,052 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 115,984 | 3,943,526 | ||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | 262,093 | 9,805,004 | ||||||
| BondBloxx USD High Yield Bond Telecom Media & Technology Sector ETF | 259,767 | 8,591,975 | ||||||
| TOTAL EXCHANGE-TRADED FUNDS (Cost - $39,103,536) | 39,246,678 | |||||||
| Rate (%) | Maturity | Face Amount | ||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | $ | 48,633 | 48,633 | |||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $48,633) | 48,633 | |||||||||||||
| TOTAL INVESTMENTS – 100.1% (Cost - $39,152,169) | $ | 39,295,311 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.1)% | (28,310 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 39,267,001 | ||||||||||||
| (a) | Represents investments in Affiliated Funds. |
The accompanying notes are an integral part of these financial statements.
53
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.5% | ||||||||||||||
| ADVERTISING – 0.4% | ||||||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | $ | 50,000 | $ | 42,794 | ||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 75,000 | 69,293 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 45,000 | 40,203 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 35,000 | 33,195 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 7.38 | 02/15/31 | 35,000 | 35,948 | ||||||||||
| 221,433 | ||||||||||||||
| AEROSPACE/DEFENSE – 0.4% | ||||||||||||||
| AAR Escrow Issuer LLC(1) | 6.75 | 03/15/29 | 50,000 | 50,332 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 45,000 | 42,053 | ||||||||||
| Spirit AeroSystems, Inc. | 3.85 | 06/15/26 | 25,000 | 23,899 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 80,000 | 86,622 | ||||||||||
| 202,906 | ||||||||||||||
| AGRICULTURE – 0.4% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | 50,000 | 48,497 | ||||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 85,000 | 82,626 | ||||||||||
| Vector Group Ltd.(1) | 5.75 | 02/01/29 | 75,000 | 68,265 | ||||||||||
| 199,388 | ||||||||||||||
| AIRLINES – 2.2% | ||||||||||||||
| Air Canada(1) | 3.88 | 08/15/26 | 105,000 | 99,694 | ||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 45,000 | 43,540 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 65,000 | 65,435 | ||||||||||
| American Airlines, Inc.(1) | 8.50 | 05/15/29 | 85,000 | 88,595 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.50 | 04/20/26 | 226,667 | 224,246 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 270,000 | 260,972 | ||||||||||
| Delta Air Lines, Inc. | 3.75 | 10/28/29 | 45,000 | 40,608 | ||||||||||
| Delta Air Lines, Inc. | 4.38 | 04/19/28 | 40,000 | 38,308 | ||||||||||
| Delta Air Lines, Inc. | 7.38 | 01/15/26 | 70,000 | 71,664 | ||||||||||
| United Airlines, Inc.(1) | 4.38 | 04/15/26 | 180,000 | 173,305 | ||||||||||
| United Airlines, Inc.(1) | 4.63 | 04/15/29 | 195,000 | 179,915 | ||||||||||
| 1,286,282 | ||||||||||||||
| APPAREL – 0.3% | ||||||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 35,000 | 31,123 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 45,000 | 38,448 | ||||||||||
| Under Armour, Inc. | 3.25 | 06/15/26 | 55,000 | 51,834 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 45,000 | 43,845 | ||||||||||
| 165,250 | ||||||||||||||
| AUTO MANUFACTURERS – 0.6% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 100,000 | 85,689 | ||||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 30,000 | 28,703 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 40,000 | 39,028 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | 50,000 | 46,589 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | 35,000 | 32,968 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 50,000 | 48,648 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 7.75 | 10/15/25 | 60,000 | 60,363 | ||||||||||
| 341,988 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
54
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO PARTS & EQUIPMENT – 0.8% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | $ | 40,000 | $ | 40,452 | ||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 60,000 | 52,049 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 55,000 | 53,202 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 20,000 | 19,295 | ||||||||||
| Phinia, Inc.(1) | 6.75 | 04/15/29 | 50,000 | 50,240 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.75 | 04/23/30 | 80,000 | 80,239 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 55,000 | 55,425 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/23/32 | 60,000 | 60,672 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 50,000 | 51,175 | ||||||||||
| 462,749 | ||||||||||||||
| BANKS – 1.6% | ||||||||||||||
| Banc of California | 3.25 | 05/01/31 | 35,000 | 32,062 | ||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 90,000 | 97,218 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.20 | 06/01/32 | 70,000 | 57,408 | ||||||||||
| Intesa Sanpaolo SpA(1) | 4.95 | 06/01/42 | 70,000 | 50,377 | ||||||||||
| Intesa Sanpaolo SpA(1) | 5.71 | 01/15/26 | 130,000 | 128,142 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 35,000 | 35,135 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | - | 65,000 | 65,907 | ||||||||||
| Texas Capital Bancshares, Inc. | 4.00 | 05/06/31 | 35,000 | 31,228 | ||||||||||
| UniCredit SpA(1) | 5.46 | 06/30/35 | 135,000 | 124,254 | ||||||||||
| UniCredit SpA(1) | 5.86 | 06/19/32 | 90,000 | 87,049 | ||||||||||
| UniCredit SpA(1) | 7.30 | 04/02/34 | 115,000 | 116,016 | ||||||||||
| Valley National Bancorp | 3.00 | 06/15/31 | 30,000 | 22,527 | ||||||||||
| Western Alliance Bancorp. | 3.00 | 06/15/31 | 50,000 | 42,649 | ||||||||||
| 889,972 | ||||||||||||||
| BUILDING MATERIALS – 2.9% | ||||||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 35,000 | 32,136 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 120,000 | 104,620 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 55,000 | 51,546 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 65,000 | 64,380 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 03/01/34 | 90,000 | 88,442 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.63 | 12/15/30 | 265,000 | 262,957 | ||||||||||
| James Hardie International Finance DAC(1) | 5.00 | 01/15/28 | 35,000 | 33,675 | ||||||||||
| Knife River Corp.(1) | 7.75 | 05/01/31 | 35,000 | 36,387 | ||||||||||
| Louisiana-Pacific Corp.(1) | 3.63 | 03/15/29 | 35,000 | 31,368 | ||||||||||
| Masonite International Corp.(1) | 3.50 | 02/15/30 | 25,000 | 21,931 | ||||||||||
| Masonite International Corp.(1) | 5.38 | 02/01/28 | 75,000 | 75,664 | ||||||||||
| Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(1) | 6.75 | 04/01/32 | 65,000 | 64,594 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 100,000 | 96,830 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 8.88 | 11/15/31 | 100,000 | 105,390 | ||||||||||
| Standard Industries, Inc./NJ(1) | 3.38 | 01/15/31 | 120,000 | 98,406 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.38 | 07/15/30 | 140,000 | 124,106 | ||||||||||
| Standard Industries, Inc./NJ(1) | 4.75 | 01/15/28 | 95,000 | 89,686 | ||||||||||
| Standard Industries, Inc./NJ(1) | 5.00 | 02/15/27 | 75,000 | 72,306 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 5.25 | 01/15/29 | 60,000 | 57,712 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 6.50 | 03/15/27 | 25,000 | 25,039 | ||||||||||
| Summit Materials LLC/Summit Materials Finance Corp.(1) | 7.25 | 01/15/31 | 95,000 | 97,666 | ||||||||||
| 1,634,841 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
55
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 2.3% | ||||||||||||||
| Ashland, Inc.(1) | 3.38 | 09/01/31 | $ | 40,000 | $ | 33,214 | ||||||||
| Ashland, Inc. | 6.88 | 05/15/43 | 25,000 | 24,991 | ||||||||||
| Avient Corp.(1) | 5.75 | 05/15/25 | 60,000 | 59,758 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 65,000 | 65,823 | ||||||||||
| Axalta Coating Systems Dutch Holding B BV(1) | 7.25 | 02/15/31 | 45,000 | 45,951 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 60,000 | 52,488 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 45,000 | 43,217 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 70,000 | 63,080 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 50,000 | 47,655 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 35,000 | 34,428 | ||||||||||
| INEOS Finance PLC(1) | 7.50 | 04/15/29 | 85,000 | 85,502 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 9.63 | 03/15/29 | 40,000 | 42,305 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 45,000 | 40,090 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 60,000 | 57,766 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 65,000 | 61,673 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 30,000 | 25,415 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 40,000 | 37,978 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 55,000 | 46,090 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.00 | 05/01/25 | 45,000 | 44,231 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 100,000 | 94,176 | ||||||||||
| NOVA Chemicals Corp.(1) | 8.50 | 11/15/28 | 40,000 | 42,093 | ||||||||||
| NOVA Chemicals Corp.(1) | 9.00 | 02/15/30 | 55,000 | 56,741 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 35,000 | 32,122 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 50,000 | 46,710 | ||||||||||
| Olin Corp. | 5.13 | 09/15/27 | 45,000 | 43,488 | ||||||||||
| Olin Corp. | 5.63 | 08/01/29 | 60,000 | 57,896 | ||||||||||
| SNF Group SACA(1) | 3.13 | 03/15/27 | 40,000 | 36,771 | ||||||||||
| SNF Group SACA(1) | 3.38 | 03/15/30 | 20,000 | 17,217 | ||||||||||
| 1,338,869 | ||||||||||||||
| COAL – 0.1% | ||||||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 45,000 | 39,788 | ||||||||||
| COMMERCIAL SERVICES – 4.1% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 90,000 | 81,424 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 70,000 | 62,388 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 40,000 | 37,940 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 6.13 | 10/15/26 | 50,000 | 49,130 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 25,000 | 22,176 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.63 | 10/01/27 | 50,000 | 47,019 | ||||||||||
| APX Group, Inc.(1) | 6.75 | 02/15/27 | 50,000 | 49,713 | ||||||||||
| Block, Inc. | 2.75 | 06/01/26 | 85,000 | 79,936 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 100,000 | 84,549 | ||||||||||
| Boost Newco Borrower LLC(1) | 7.50 | 01/15/31 | 195,000 | 201,398 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 50,000 | 47,040 | ||||||||||
| Brink’s Co.(1) | 5.50 | 07/15/25 | 35,000 | 34,740 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/29 | 45,000 | 46,536 | ||||||||||
| GEO Group, Inc.(1) | 8.63 | 04/15/29 | 60,000 | 60,782 | ||||||||||
| Graham Holdings Co.(1) | 5.75 | 06/01/26 | 35,000 | 34,702 | ||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | 35,000 | 31,235 | ||||||||||
The accompanying notes are an integral part of these financial statements.
56
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMMERCIAL SERVICES – 4.1% (Continued) | ||||||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | $ | 110,000 | $ | 106,942 | ||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 35,000 | 33,220 | ||||||||||
| Port of Newcastle Investments Financing Pty Ltd.(1) | 5.90 | 11/24/31 | 30,000 | 27,361 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 95,000 | 86,609 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 5.75 | 04/15/26 | 115,000 | 113,656 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 80,000 | 67,923 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 75,000 | 64,672 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 50,000 | 47,630 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 70,000 | 67,011 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 4.63 | 11/01/26 | 45,000 | 43,368 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 40,000 | 35,059 | ||||||||||
| TriNet Group, Inc.(1) | 7.13 | 08/15/31 | 40,000 | 40,235 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 65,000 | 55,587 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 85,000 | 79,454 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 90,000 | 78,991 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 70,000 | 62,452 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 145,000 | 139,124 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 70,000 | 67,216 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 45,000 | 44,387 | ||||||||||
| United Rentals North America, Inc.(1) | 6.13 | 03/15/34 | 105,000 | 102,652 | ||||||||||
| 2,334,257 | ||||||||||||||
| COMPUTERS – 1.5% | ||||||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 45,000 | 42,035 | ||||||||||
| Crane NXT Co. | 4.20 | 03/15/48 | 30,000 | 20,610 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 65,000 | 57,169 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 25,000 | 23,354 | ||||||||||
| NCR Atleos Corp.(1) | 9.50 | 04/01/29 | 125,000 | 132,989 | ||||||||||
| Seagate HDD Cayman | 4.09 | 06/01/29 | 45,000 | 40,987 | ||||||||||
| Seagate HDD Cayman | 4.13 | 01/15/31 | 23,000 | 19,987 | ||||||||||
| Seagate HDD Cayman | 4.88 | 06/01/27 | 50,000 | 48,344 | ||||||||||
| Seagate HDD Cayman | 5.75 | 12/01/34 | 50,000 | 47,451 | ||||||||||
| Seagate HDD Cayman(1) | 8.25 | 12/15/29 | 40,000 | 42,549 | ||||||||||
| Seagate HDD Cayman(1) | 8.50 | 07/15/31 | 40,000 | 42,744 | ||||||||||
| Seagate HDD Cayman | 9.63 | 12/01/32 | 75,850 | 85,143 | ||||||||||
| Tempo Acquisition LLC/Tempo Acquisition Finance Corp.(1) | 5.75 | 06/01/25 | 25,000 | 24,916 | ||||||||||
| Unisys Corp.(1) | 6.88 | 11/01/27 | 40,000 | 34,534 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 225,000 | 219,120 | ||||||||||
| 881,932 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.5% | ||||||||||||||
| Coty, Inc.(1) | 5.00 | 04/15/26 | 55,000 | 53,993 | ||||||||||
| Coty, Inc.(1) | 6.50 | 04/15/26 | 41,000 | 41,066 | ||||||||||
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC(1) | 4.75 | 01/15/29 | 40,000 | 37,325 | ||||||||||
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC(1) | 6.63 | 07/15/30 | 65,000 | 65,090 | ||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 35,000 | 31,674 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 75,000 | 72,449 | ||||||||||
| 301,597 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
57
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DISTRIBUTION/WHOLESALE – 0.2% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | $ | 60,000 | $ | 55,283 | ||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 20,000 | 17,559 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 6.75 | 03/15/28 | 50,000 | 50,535 | ||||||||||
| 123,377 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.2% | ||||||||||||||
| Ally Financial, Inc. | 5.75 | 11/20/25 | 115,000 | 114,097 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 40,000 | 39,262 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 9.75 | 03/15/29 | 80,000 | 83,264 | ||||||||||
| Brightsphere Investment Group, Inc. | 4.80 | 07/27/26 | 25,000 | 24,088 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 35,000 | 33,709 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | 35,000 | 33,947 | ||||||||||
| Burford Capital Global Finance LLC(1) | 9.25 | 07/01/31 | 55,000 | 57,360 | ||||||||||
| Credit Acceptance Corp. | 6.63 | 03/15/26 | 40,000 | 39,915 | ||||||||||
| Credit Acceptance Corp.(1) | 9.25 | 12/15/28 | 55,000 | 58,383 | ||||||||||
| Encore Capital Group, Inc.(1) | 9.25 | 04/01/29 | 45,000 | 46,030 | ||||||||||
| GGAM Finance Ltd.(1) | 6.88 | 04/15/29 | 30,000 | 30,047 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 35,000 | 35,581 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 60,000 | 61,538 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 06/15/28 | 60,000 | 61,837 | ||||||||||
| goeasy Ltd.(1) | 4.38 | 05/01/26 | 25,000 | 24,031 | ||||||||||
| goeasy Ltd.(1) | 7.63 | 07/01/29 | 25,000 | 25,015 | ||||||||||
| goeasy Ltd.(1) | 9.25 | 12/01/28 | 60,000 | 63,409 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 50,000 | 45,518 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 7.13 | 04/30/31 | 130,000 | 130,896 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 90,000 | 81,055 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 6.00 | 08/15/26 | 25,000 | 24,599 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 9.50 | 02/15/29 | 35,000 | 35,646 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 6.40 | 03/26/29 | 60,000 | 59,887 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 6.50 | 03/26/31 | 50,000 | 50,084 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 8.13 | 03/30/29 | 40,000 | 41,871 | ||||||||||
| Macquarie Airfinance Holdings Ltd.(1) | 8.38 | 05/01/28 | 45,000 | 47,296 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 35,000 | 29,472 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 95,000 | 86,012 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.00 | 02/01/26 | 45,000 | 43,817 | ||||||||||
| Navient Corp. | 11.50 | 03/15/31 | 40,000 | 43,773 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 45,000 | 40,700 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 60,000 | 56,619 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 80,000 | 71,782 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 50,000 | 39,760 | ||||||||||
| Navient Corp. | 6.75 | 06/25/25 | 55,000 | 54,877 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 45,000 | 44,891 | ||||||||||
| Navient Corp. | 9.38 | 07/25/30 | 45,000 | 46,340 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 70,000 | 64,463 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 45,000 | 39,654 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 85,000 | 71,568 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 65,000 | 60,159 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 70,000 | 69,839 | ||||||||||
| OneMain Finance Corp. | 7.13 | 03/15/26 | 145,000 | 146,430 | ||||||||||
The accompanying notes are an integral part of these financial statements.
58
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.2% (Continued) | ||||||||||||||
| OneMain Finance Corp. | 7.88 | 03/15/30 | $ | 75,000 | $ | 76,583 | ||||||||
| OneMain Finance Corp. | 9.00 | 01/15/29 | 75,000 | 78,695 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 60,000 | 53,261 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.38 | 10/15/25 | 55,000 | 54,306 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 45,000 | 40,831 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.88 | 12/15/29 | 70,000 | 71,500 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 25,000 | 20,719 | ||||||||||
| PRA Group, Inc.(1) | 7.38 | 09/01/25 | 25,000 | 24,907 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 40,000 | 39,044 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 2.88 | 10/15/26 | 100,000 | 91,898 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 65,000 | 57,326 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 130,000 | 110,318 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 80,000 | 65,385 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 85,000 | 78,924 | ||||||||||
| SLM Corp. | 4.20 | 10/29/25 | 10,000 | 9,676 | ||||||||||
| StoneX Group, Inc.(1) | 7.88 | 03/01/31 | 50,000 | 50,606 | ||||||||||
| StoneX Group, Inc.(1) | 8.63 | 06/15/25 | 30,000 | 30,099 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 65,000 | 63,454 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 75,000 | 73,840 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 60,000 | 55,801 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 45,000 | 43,227 | ||||||||||
| 3,548,921 | ||||||||||||||
| ELECTRIC – 4.5% | ||||||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 65,000 | 56,439 | ||||||||||
| Atlantica Sustainable Infrastructure PLC(1) | 4.13 | 06/15/28 | 40,000 | 36,258 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 80,000 | 69,296 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 115,000 | 107,491 | ||||||||||
| Calpine Corp.(1) | 5.25 | 06/01/26 | 35,000 | 34,532 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 90,000 | 76,192 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 25,000 | 20,724 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 80,000 | 75,463 | ||||||||||
| DPL, Inc. | 4.13 | 07/01/25 | 50,000 | 48,615 | ||||||||||
| DPL, Inc. | 4.35 | 04/15/29 | 40,000 | 36,102 | ||||||||||
| Drax FinCo. PLC(1) | 6.63 | 11/01/25 | 45,000 | 45,000 | ||||||||||
| Edison International | 7.88 | 06/15/54 | 35,000 | 35,655 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 50,000 | 51,121 | ||||||||||
| Electricite de France SA(1),(2) | 9.13 | - | 140,000 | 152,369 | ||||||||||
| Emera, Inc. | 6.75 | 06/15/76 | 105,000 | 104,197 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 40,000 | 33,149 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 3.88 | 10/15/26 | 40,000 | 37,458 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 4.50 | 09/15/27 | 60,000 | 55,965 | ||||||||||
| NextEra Energy Operating Partners LP(1) | 7.25 | 01/15/29 | 65,000 | 65,904 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 40,000 | 35,116 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 90,000 | 76,281 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 50,000 | 42,173 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 70,000 | 66,272 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 95,000 | 93,590 | ||||||||||
| NRG Energy, Inc. | 6.63 | 01/15/27 | 35,000 | 34,962 | ||||||||||
The accompanying notes are an integral part of these financial statements.
59
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 4.5% (Continued) | ||||||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | $ | 55,000 | $ | 49,238 | ||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 95,000 | 90,604 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 90,000 | 84,353 | ||||||||||
| Talen Energy Supply LLC(1) | 8.63 | 06/01/30 | 105,000 | 111,176 | ||||||||||
| Terraform Global Operating LP(1) | 6.13 | 03/01/26 | 25,000 | 24,709 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 25,000 | 24,241 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 35,000 | 35,859 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 110,000 | 100,256 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 120,000 | 114,312 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.50 | 09/01/26 | 85,000 | 83,029 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 130,000 | 126,591 | ||||||||||
| Vistra Operations Co. LLC(1) | 6.88 | 04/15/32 | 80,000 | 79,721 | ||||||||||
| Vistra Operations Co. LLC(1) | 7.75 | 10/15/31 | 145,000 | 148,824 | ||||||||||
| 2,563,237 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.8% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 30,000 | 28,206 | ||||||||||
| EnerSys(1) | 6.63 | 01/15/32 | 25,000 | 24,928 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/29 | 75,000 | 74,599 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.63 | 03/15/32 | 80,000 | 79,726 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.13 | 06/15/25 | 130,000 | 130,217 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 140,000 | 142,348 | ||||||||||
| 480,024 | ||||||||||||||
| ELECTRONICS – 1.1% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 35,000 | 30,783 | ||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | 110,000 | 101,614 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 180,000 | 165,892 | ||||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 115,000 | 103,068 | ||||||||||
| Sensata Technologies BV(1) | 5.00 | 10/01/25 | 60,000 | 59,282 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 55,000 | 53,128 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 90,000 | 76,143 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 10,000 | 8,964 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 45,000 | 40,287 | ||||||||||
| 639,161 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 0.3% | ||||||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 60,000 | 53,544 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 65,000 | 60,718 | ||||||||||
| Topaz Solar Farms LLC(1) | 5.75 | 09/30/39 | 46,253 | 45,836 | ||||||||||
| 160,098 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.6% | ||||||||||||||
| AECOM | 5.13 | 03/15/27 | 90,000 | 87,507 | ||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 40,000 | 36,456 | ||||||||||
| ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Partners Peru(1) | 4.05 | 04/27/26 | 35,000 | 32,577 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 45,000 | 41,566 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 55,000 | 51,359 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 35,000 | 31,453 | ||||||||||
The accompanying notes are an integral part of these financial statements.
60
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 0.6% (Continued) | ||||||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | $ | 45,000 | $ | 39,001 | ||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 40,000 | 36,620 | ||||||||||
| 356,539 | ||||||||||||||
| ENTERTAINMENT – 2.5% | ||||||||||||||
| Caesars Entertainment, Inc.(1) | 6.50 | 02/15/32 | 155,000 | 152,819 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 185,000 | 186,415 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC(1) | 5.50 | 05/01/25 | 90,000 | 90,000 | ||||||||||
| International Game Technology PLC(1) | 4.13 | 04/15/26 | 70,000 | 67,459 | ||||||||||
| International Game Technology PLC(1) | 5.25 | 01/15/29 | 65,000 | 61,445 | ||||||||||
| International Game Technology PLC(1) | 6.25 | 01/15/27 | 70,000 | 69,946 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 45,000 | 40,900 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 110,000 | 110,309 | ||||||||||
| Raptor Acquisition Corp./Raptor Co.-Issuer LLC(1) | 4.88 | 11/01/26 | 30,000 | 28,546 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 95,000 | 84,387 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 20,000 | 16,983 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 8.45 | 07/27/30 | 35,000 | 36,692 | ||||||||||
| Six Flags Entertainment Corp./Six Flags Theme Parks, Inc.(1) | 6.63 | 05/01/32 | 75,000 | 74,755 | ||||||||||
| Six Flags Theme Parks, Inc.(1) | 7.00 | 07/01/25 | 36,000 | 36,105 | ||||||||||
| Vail Resorts, Inc.(1) | 6.25 | 05/15/25 | 50,000 | 50,064 | ||||||||||
| WMG Acquisition Corp.(1) | 3.00 | 02/15/31 | 75,000 | 62,326 | ||||||||||
| WMG Acquisition Corp.(1) | 3.75 | 12/01/29 | 50,000 | 44,021 | ||||||||||
| WMG Acquisition Corp.(1) | 3.88 | 07/15/30 | 45,000 | 39,271 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 65,000 | 60,356 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 90,000 | 91,344 | ||||||||||
| 1,404,143 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.8% | ||||||||||||||
| Clean Harbors, Inc.(1) | 4.88 | 07/15/27 | 55,000 | 53,027 | ||||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 20,000 | 19,077 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 45,000 | 44,624 | ||||||||||
| GFL Environmental, Inc.(1) | 3.50 | 09/01/28 | 70,000 | 62,999 | ||||||||||
| GFL Environmental, Inc.(1) | 3.75 | 08/01/25 | 80,000 | 77,880 | ||||||||||
| GFL Environmental, Inc.(1) | 4.25 | 06/01/25 | 45,000 | 44,395 | ||||||||||
| GFL Environmental, Inc.(1) | 5.13 | 12/15/26 | 45,000 | 43,869 | ||||||||||
| GFL Environmental, Inc.(1) | 6.75 | 01/15/31 | 90,000 | 90,840 | ||||||||||
| Stericycle, Inc.(1) | 3.88 | 01/15/29 | 45,000 | 40,087 | ||||||||||
| 476,798 | ||||||||||||||
| FOOD – 2.4% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.25 | 03/15/26 | 70,000 | 66,546 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 150,000 | 132,503 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 120,000 | 114,766 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 75,000 | 70,011 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 55,000 | 53,945 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 70,000 | 70,004 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 7.50 | 03/15/26 | 60,000 | 60,959 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 30,000 | 25,852 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 85,000 | 75,815 | ||||||||||
The accompanying notes are an integral part of these financial statements.
61
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FOOD – 2.4% (Continued) | ||||||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | $ | 65,000 | $ | 56,375 | ||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 50,000 | 47,782 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 90,000 | 80,733 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 100,000 | 96,890 | ||||||||||
| Performance Food Group, Inc.(1) | 6.88 | 05/01/25 | 20,000 | 20,000 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 80,000 | 65,936 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 85,000 | 75,259 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 105,000 | 104,539 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 40,000 | 41,513 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 02/15/32 | 90,000 | 88,911 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 25,000 | 26,110 | ||||||||||
| 1,374,449 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 0.7% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 75,000 | 66,472 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 160,000 | 148,888 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 80,000 | 70,737 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 40,000 | 38,084 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 25,000 | 23,127 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 60,000 | 57,266 | ||||||||||
| 404,574 | ||||||||||||||
| HEALTHCARE-SERVICES – 2.5% | ||||||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 45,000 | 40,470 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 45,000 | 39,296 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 45,000 | 41,901 | ||||||||||
| Fortrea Holdings, Inc.(1) | 7.50 | 07/01/30 | 50,000 | 50,499 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 10/15/26 | 115,000 | 112,586 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 100,000 | 96,637 | ||||||||||
| IQVIA, Inc.(1) | 6.50 | 05/15/30 | 40,000 | 40,231 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 55,000 | 47,755 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 65,000 | 54,444 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 78,000 | 72,415 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 40,000 | 35,040 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 125,000 | 114,607 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 150,000 | 136,340 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | 50,000 | 47,104 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 125,000 | 121,042 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 06/15/30 | 180,000 | 177,147 | ||||||||||
| Tenet Healthcare Corp.(1) | 6.75 | 05/15/31 | 130,000 | 130,420 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 25,000 | 17,112 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 25,000 | 23,511 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 40,000 | 32,222 | ||||||||||
| 1,430,779 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.2% | ||||||||||||||
| Benteler International AG(1) | 10.50 | 05/15/28 | 40,000 | 42,627 | ||||||||||
| Stena International SA(1) | 7.25 | 01/15/31 | 60,000 | 60,105 | ||||||||||
| Stena International SA(1) | 7.63 | 02/15/31 | 35,000 | 35,410 | ||||||||||
| 138,142 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
62
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOME BUILDERS – 1.5% | ||||||||||||||
| Adams Homes, Inc.(1) | 9.25 | 10/15/28 | $ | 25,000 | $ | 25,839 | ||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 40,000 | 34,969 | ||||||||||
| Century Communities, Inc. | 6.75 | 06/01/27 | 50,000 | 50,143 | ||||||||||
| Forestar Group, Inc.(1) | 3.85 | 05/15/26 | 35,000 | 33,248 | ||||||||||
| Forestar Group, Inc.(1) | 5.00 | 03/01/28 | 30,000 | 28,442 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 30,000 | 29,136 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 40,000 | 34,777 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 25,000 | 23,242 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 25,000 | 25,595 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 35,000 | 35,871 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 30,000 | 25,758 | ||||||||||
| LGI Homes, Inc.(1) | 8.75 | 12/15/28 | 30,000 | 31,225 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 30,000 | 26,051 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 30,000 | 28,446 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 60,000 | 53,791 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 40,000 | 38,333 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 40,000 | 37,591 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 30,000 | 27,549 | ||||||||||
| STL Holding Co. LLC(1) | 8.75 | 02/15/29 | 25,000 | 25,712 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 40,000 | 37,286 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 45,000 | 43,793 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 45,000 | 44,345 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 45,000 | 38,963 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 70,000 | 67,816 | ||||||||||
| Winnebago Industries, Inc.(1) | 6.25 | 07/15/28 | 25,000 | 24,496 | ||||||||||
| 872,417 | ||||||||||||||
| HOME FURNISHINGS – 0.2% | ||||||||||||||
| Tempur Sealy International, Inc.(1) | 3.88 | 10/15/31 | 70,000 | 57,700 | ||||||||||
| Tempur Sealy International, Inc.(1) | 4.00 | 04/15/29 | 75,000 | 66,756 | ||||||||||
| 124,456 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.3% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | 55,000 | 47,885 | ||||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 35,000 | 30,602 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 45,000 | 38,978 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 25,000 | 23,960 | ||||||||||
| 141,425 | ||||||||||||||
| HOUSEWARES – 0.7% | ||||||||||||||
| Newell Brands, Inc. | 4.88 | 06/01/25 | 45,000 | 44,318 | ||||||||||
| Newell Brands, Inc. | 5.70 | 04/01/26 | 195,000 | 192,055 | ||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 50,000 | 48,913 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 45,000 | 43,549 | ||||||||||
| Newell Brands, Inc. | 6.88 | 04/01/36 | 35,000 | 30,589 | ||||||||||
| Newell Brands, Inc. | 7.00 | 04/01/46 | 65,000 | 52,803 | ||||||||||
| 412,227 | ||||||||||||||
| INSURANCE – 0.5% | ||||||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 35,000 | 34,867 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.63 | 05/01/31 | 25,000 | 23,597 | ||||||||||
The accompanying notes are an integral part of these financial statements.
63
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 0.5% (Continued) | ||||||||||||||
| Constellation Insurance, Inc.(1) | 6.80 | 01/24/30 | $ | 35,000 | $ | 33,591 | ||||||||
| Genworth Holdings, Inc. | 6.50 | 06/15/34 | 25,000 | 23,341 | ||||||||||
| Global Atlantic Finance Co.(1) | 4.70 | 10/15/51 | 65,000 | 57,464 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 45,000 | 41,067 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | 95,000 | 58,499 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 7.80 | 03/15/37 | 20,000 | 20,893 | ||||||||||
| 293,319 | ||||||||||||||
| INTERNET – 2.1% | ||||||||||||||
| Cogent Communications Group, Inc.(1) | 3.50 | 05/01/26 | 45,000 | 42,354 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 90,000 | 90,411 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 59,000 | 59,653 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 75,000 | 66,585 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 50,000 | 48,322 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 45,000 | 37,195 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 45,000 | 39,012 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 45,000 | 41,610 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 40,000 | 37,911 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 30,000 | 28,566 | ||||||||||
| Rakuten Group, Inc.(1) | 9.75 | 04/15/29 | 190,000 | 188,448 | ||||||||||
| Rakuten Group, Inc.(1) | 11.25 | 02/15/27 | 160,000 | 166,684 | ||||||||||
| Uber Technologies, Inc.(1) | 4.50 | 08/15/29 | 135,000 | 126,019 | ||||||||||
| Uber Technologies, Inc.(1) | 6.25 | 01/15/28 | 50,000 | 50,022 | ||||||||||
| Uber Technologies, Inc.(1) | 7.50 | 09/15/27 | 110,000 | 112,091 | ||||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 45,000 | 39,250 | ||||||||||
| 1,174,133 | ||||||||||||||
| INVESTMENT COMPANIES – 0.7% | ||||||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | 55,000 | 46,350 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 130,000 | 119,486 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.25 | 05/15/26 | 125,000 | 121,679 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.38 | 12/15/25 | 65,000 | 63,893 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp.(1) | 9.75 | 01/15/29 | 65,000 | 67,496 | ||||||||||
| 418,904 | ||||||||||||||
| IRON/STEEL – 1.4% | ||||||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 65,000 | 64,832 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 30,000 | 29,873 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 30,000 | 30,598 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 30,000 | 27,794 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 30,000 | 26,317 | ||||||||||
| Cleveland-Cliffs, Inc. | 5.88 | 06/01/27 | 50,000 | 49,517 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 70,000 | 68,442 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.00 | 03/15/32 | 80,000 | 78,231 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 55,000 | 47,916 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 25,000 | 22,411 | ||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | 60,000 | 60,753 | ||||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 63,000 | 63,668 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 70,000 | 71,780 | ||||||||||
| Mineral Resources Ltd.(1) | 9.25 | 10/01/28 | 100,000 | 104,959 | ||||||||||
The accompanying notes are an integral part of these financial statements.
64
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| IRON/STEEL – 1.4% (Continued) | ||||||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | $ | 25,000 | $ | 24,628 | ||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 39,000 | 39,096 | ||||||||||
| 810,815 | ||||||||||||||
| LEISURE TIME – 2.5% | ||||||||||||||
| Acushnet Co.(1) | 7.38 | 10/15/28 | 30,000 | 30,828 | ||||||||||
| Amer Sports Co.(1) | 6.75 | 02/16/31 | 70,000 | 68,995 | ||||||||||
| Carnival Corp.(1) | 4.00 | 08/01/28 | 225,000 | 205,874 | ||||||||||
| Carnival Corp.(1) | 7.00 | 08/15/29 | 45,000 | 46,225 | ||||||||||
| Life Time, Inc.(1) | 5.75 | 01/15/26 | 80,000 | 79,189 | ||||||||||
| NCL Corp. Ltd.(1) | 8.13 | 01/15/29 | 75,000 | 78,166 | ||||||||||
| NCL Corp. Ltd.(1) | 8.38 | 02/01/28 | 50,000 | 52,183 | ||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | 45,000 | 41,383 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 4.25 | 07/01/26 | 60,000 | 57,655 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.38 | 07/15/27 | 90,000 | 87,645 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 90,000 | 88,347 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 04/01/28 | 130,000 | 126,629 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 6.25 | 03/15/32 | 115,000 | 113,444 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 7.25 | 01/15/30 | 70,000 | 72,029 | ||||||||||
| Royal Caribbean Cruises Ltd. | 7.50 | 10/15/27 | 30,000 | 31,269 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 9.25 | 01/15/29 | 90,000 | 96,179 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 30,000 | 28,732 | ||||||||||
| Vista Outdoor, Inc.(1) | 4.50 | 03/15/29 | 45,000 | 44,484 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 65,000 | 62,036 | ||||||||||
| 1,411,292 | ||||||||||||||
| LODGING – 2.8% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | 85,000 | 80,688 | ||||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 85,000 | 75,333 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 3.30 | 02/15/26 | 45,000 | 43,038 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 135,000 | 113,544 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 105,000 | 94,256 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 95,000 | 83,331 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 90,000 | 84,662 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.38 | 05/01/25 | 60,000 | 59,654 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 45,000 | 44,514 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 04/01/29 | 45,000 | 44,439 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 6.13 | 04/01/32 | 35,000 | 34,527 | ||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc.(1) | 6.63 | 01/15/32 | 85,000 | 83,866 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 50,000 | 48,660 | ||||||||||
| MGM Resorts International | 4.63 | 09/01/26 | 35,000 | 33,726 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 75,000 | 70,013 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 60,000 | 58,553 | ||||||||||
| MGM Resorts International | 5.75 | 06/15/25 | 65,000 | 64,679 | ||||||||||
| MGM Resorts International | 6.50 | 04/15/32 | 65,000 | 63,115 | ||||||||||
| MGM Resorts International | 6.75 | 05/01/25 | 65,000 | 64,968 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 55,000 | 49,613 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 40,000 | 35,764 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 40,000 | 39,543 | ||||||||||
The accompanying notes are an integral part of these financial statements.
65
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LODGING – 2.8% (Continued) | ||||||||||||||
| Travel + Leisure Co. | 6.60 | 10/01/25 | $ | 25,000 | $ | 25,161 | ||||||||
| Travel + Leisure Co.(1) | 6.63 | 07/31/26 | 55,000 | 55,103 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 45,000 | 41,295 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 105,000 | 101,544 | ||||||||||
| 1,593,589 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.3% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | 35,000 | 32,010 | ||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 35,000 | 31,923 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 55,000 | 51,503 | ||||||||||
| Vertiv Group Corp.(1) | 4.13 | 11/15/28 | 80,000 | 74,163 | ||||||||||
| 189,599 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.4% | ||||||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 130,000 | 133,127 | ||||||||||
| Esab Corp.(1) | 6.25 | 04/15/29 | 65,000 | 64,837 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 45,000 | 40,760 | ||||||||||
| 238,724 | ||||||||||||||
| MEDIA – 6.6% | ||||||||||||||
| AMC Networks, Inc.(1) | 10.25 | 01/15/29 | 80,000 | 79,929 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 150,000 | 117,508 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 115,000 | 83,427 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 145,000 | 117,942 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 140,000 | 107,622 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 85,000 | 63,993 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 145,000 | 120,604 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 60,000 | 47,242 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 115,000 | 104,829 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 150,000 | 140,711 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 75,000 | 66,114 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 30,000 | 29,418 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 65,000 | 59,629 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 50,000 | 47,478 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 90,000 | 87,588 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 335,000 | 312,522 | ||||||||||
| Gannett Holdings LLC(1) | 6.00 | 11/01/26 | 30,000 | 27,870 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 75,000 | 62,714 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 105,000 | 97,414 | ||||||||||
| News Corp.(1) | 3.88 | 05/15/29 | 90,000 | 81,150 | ||||||||||
| News Corp.(1) | 5.13 | 02/15/32 | 50,000 | 45,871 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 95,000 | 84,432 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 150,000 | 141,176 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 55,000 | 48,273 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 90,000 | 83,328 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 45,000 | 33,286 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.13 | 09/01/26 | 85,000 | 79,189 | ||||||||||
| Sirius XM Radio, Inc.(1) | 3.88 | 09/01/31 | 135,000 | 108,695 | ||||||||||
| Sirius XM Radio, Inc.(1) | 4.00 | 07/15/28 | 180,000 | 160,621 | ||||||||||
The accompanying notes are an integral part of these financial statements.
66
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 6.6% (Continued) | ||||||||||||||
| Sirius XM Radio, Inc.(1) | 4.13 | 07/01/30 | $ | 155,000 | $ | 131,570 | ||||||||
| Sirius XM Radio, Inc.(1) | 5.00 | 08/01/27 | 135,000 | 127,619 | ||||||||||
| Sirius XM Radio, Inc.(1) | 5.50 | 07/01/29 | 115,000 | 106,840 | ||||||||||
| Sunrise FinCo I BV(1) | 4.88 | 07/15/31 | 110,000 | 95,901 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 85,000 | 76,920 | ||||||||||
| TEGNA, Inc.(1) | 4.75 | 03/15/26 | 55,000 | 53,163 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 100,000 | 88,248 | ||||||||||
| Videotron Ltd.(1) | 3.63 | 06/15/29 | 20,000 | 17,795 | ||||||||||
| Videotron Ltd.(1) | 5.13 | 04/15/27 | 75,000 | 72,536 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | 80,000 | 67,574 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 125,000 | 113,711 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 135,000 | 113,843 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 90,000 | 78,832 | ||||||||||
| 3,785,127 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.3% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 25,000 | 24,235 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 50,000 | 49,754 | ||||||||||
| Vallourec SACA(1) | 7.50 | 04/15/32 | 75,000 | 75,707 | ||||||||||
| 149,696 | ||||||||||||||
| MINING – 1.7% | ||||||||||||||
| Alcoa Nederland Holding BV(1) | 4.13 | 03/31/29 | 45,000 | 41,178 | ||||||||||
| Alcoa Nederland Holding BV(1) | 5.50 | 12/15/27 | 70,000 | 68,867 | ||||||||||
| Alcoa Nederland Holding BV(1) | 6.13 | 05/15/28 | 45,000 | 44,737 | ||||||||||
| Alcoa Nederland Holding BV(1) | 7.13 | 03/15/31 | 65,000 | 65,829 | ||||||||||
| Arsenal AIC Parent LLC(1) | 8.00 | 10/01/30 | 65,000 | 67,757 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 45,000 | 39,946 | ||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | 30,000 | 28,986 | ||||||||||
| Constellium SE(1) | 5.88 | 02/15/26 | 25,000 | 24,794 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.38 | 04/01/31 | 135,000 | 118,999 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.50 | 09/15/27 | 55,000 | 51,927 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.88 | 04/15/30 | 85,000 | 81,805 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 6.13 | 04/15/32 | 70,000 | 67,859 | ||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 65,000 | 60,843 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 70,000 | 59,349 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 145,000 | 132,816 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 7.50 | 04/26/29 | 30,000 | 30,331 | ||||||||||
| 986,023 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.4% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 20,000 | 18,021 | ||||||||||
| Amsted Industries, Inc.(1) | 5.63 | 07/01/27 | 45,000 | 43,796 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 35,000 | 29,993 | ||||||||||
| Hillenbrand, Inc. | 5.00 | 09/15/26 | 35,000 | 34,220 | ||||||||||
| Hillenbrand, Inc. | 5.75 | 06/15/25 | 40,000 | 39,824 | ||||||||||
| Hillenbrand, Inc. | 6.25 | 02/15/29 | 40,000 | 39,736 | ||||||||||
| Trinity Industries, Inc.(1) | 7.75 | 07/15/28 | 35,000 | 35,793 | ||||||||||
| 241,383 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
67
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OFFICE FURNISHINGS – 0.1% | ||||||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | $ | 40,000 | $ | 37,464 | ||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Xerox Holdings Corp.(1) | 5.00 | 08/15/25 | 36,000 | 35,013 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 70,000 | 60,807 | ||||||||||
| Xerox Holdings Corp.(1) | 8.88 | 11/30/29 | 45,000 | 42,917 | ||||||||||
| 138,737 | ||||||||||||||
| OIL & GAS – 6.9% | ||||||||||||||
| Antero Resources Corp.(1) | 5.38 | 03/01/30 | 75,000 | 71,368 | ||||||||||
| Antero Resources Corp.(1) | 7.63 | 02/01/29 | 34,000 | 34,853 | ||||||||||
| Baytex Energy Corp.(1) | 7.38 | 03/15/32 | 55,000 | 55,512 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 65,000 | 67,823 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.50 | 02/01/26 | 45,000 | 44,470 | ||||||||||
| Chesapeake Energy Corp.(1) | 5.88 | 02/01/29 | 45,000 | 44,167 | ||||||||||
| Chesapeake Energy Corp.(1) | 6.75 | 04/15/29 | 85,000 | 85,007 | ||||||||||
| Chord Energy Corp.(1) | 6.38 | 06/01/26 | 35,000 | 35,016 | ||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 40,000 | 38,725 | ||||||||||
| Civitas Resources, Inc.(1) | 8.38 | 07/01/28 | 145,000 | 151,443 | ||||||||||
| Civitas Resources, Inc.(1) | 8.63 | 11/01/30 | 80,000 | 85,188 | ||||||||||
| Civitas Resources, Inc.(1) | 8.75 | 07/01/31 | 130,000 | 138,059 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 45,000 | 43,640 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/01/32 | 25,000 | 25,087 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 55,000 | 55,728 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.63 | 04/01/32 | 65,000 | 65,291 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 105,000 | 111,023 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.00 | 05/01/29 | 20,000 | 19,721 | ||||||||||
| CrownRock LP/CrownRock Finance, Inc.(1) | 5.63 | 10/15/25 | 92,000 | 91,562 | ||||||||||
| Endeavor Energy Resources LP/EER Finance, Inc.(1) | 5.75 | 01/30/28 | 85,000 | 86,152 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 40,000 | 37,359 | ||||||||||
| Harbour Energy PLC(1) | 5.50 | 10/15/26 | 45,000 | 44,152 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 50,000 | 48,081 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 55,000 | 52,753 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 55,000 | 52,712 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 60,000 | 59,171 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 40,000 | 38,654 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 8.38 | 11/01/33 | 65,000 | 69,779 | ||||||||||
| Matador Resources Co.(1) | 6.50 | 04/15/32 | 80,000 | 79,343 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 45,000 | 45,384 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 50,000 | 48,422 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/27 | 40,000 | 39,628 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/42 | 30,000 | 26,446 | ||||||||||
| Murphy Oil Corp. | 6.38 | 07/15/28 | 35,000 | 34,998 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 50,000 | 51,560 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 70,000 | 63,498 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 75,000 | 67,838 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 45,000 | 44,013 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 75,000 | 73,212 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 7.88 | 09/15/30 | 45,000 | 46,318 | ||||||||||
| Permian Resources Operating LLC(1) | 5.38 | 01/15/26 | 40,000 | 39,561 | ||||||||||
The accompanying notes are an integral part of these financial statements.
68
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 6.9% (Continued) | ||||||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | $ | 65,000 | $ | 63,221 | ||||||||
| Permian Resources Operating LLC(1) | 7.00 | 01/15/32 | 90,000 | 91,807 | ||||||||||
| Permian Resources Operating LLC(1) | 7.75 | 02/15/26 | 30,000 | 30,296 | ||||||||||
| Permian Resources Operating LLC(1) | 8.00 | 04/15/27 | 60,000 | 61,653 | ||||||||||
| Permian Resources Operating LLC(1) | 9.88 | 07/15/31 | 40,000 | 44,266 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 45,000 | 41,473 | ||||||||||
| Range Resources Corp. | 4.88 | 05/15/25 | 60,000 | 59,541 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 55,000 | 57,354 | ||||||||||
| Seadrill Finance Ltd.(1) | 8.38 | 08/01/30 | 50,000 | 52,129 | ||||||||||
| SM Energy Co. | 5.63 | 06/01/25 | 30,000 | 29,805 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 35,000 | 34,748 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 35,000 | 34,850 | ||||||||||
| SM Energy Co. | 6.75 | 09/15/26 | 40,000 | 40,027 | ||||||||||
| Southwestern Energy Co. | 4.75 | 02/01/32 | 105,000 | 94,633 | ||||||||||
| Southwestern Energy Co. | 5.38 | 02/01/29 | 75,000 | 72,000 | ||||||||||
| Southwestern Energy Co. | 5.38 | 03/15/30 | 100,000 | 95,030 | ||||||||||
| Southwestern Energy Co. | 8.38 | 09/15/28 | 30,000 | 30,998 | ||||||||||
| Sunoco LP(1) | 7.00 | 05/01/29 | 70,000 | 71,146 | ||||||||||
| Sunoco LP(1) | 7.25 | 05/01/32 | 70,000 | 71,153 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 75,000 | 68,531 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 70,000 | 63,044 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 30,000 | 29,308 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 55,000 | 54,387 | ||||||||||
| Sunoco LP/Sunoco Finance Corp.(1) | 7.00 | 09/15/28 | 50,000 | 50,759 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 95,000 | 97,773 | ||||||||||
| Viper Energy, Inc.(1) | 5.38 | 11/01/27 | 40,000 | 39,059 | ||||||||||
| Viper Energy, Inc.(1) | 7.38 | 11/01/31 | 35,000 | 36,108 | ||||||||||
| 3,927,816 | ||||||||||||||
| OIL & GAS SERVICES – 0.1% | ||||||||||||||
| Helix Energy Solutions Group, Inc.(1) | 9.75 | 03/01/29 | 30,000 | 31,917 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 30,000 | 29,536 | ||||||||||
| 61,453 | ||||||||||||||
| PACKAGING & CONTAINERS – 2.1% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 50,000 | 43,364 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 55,000 | 53,374 | ||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 110,000 | 91,955 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 75,000 | 62,378 | ||||||||||
| Ball Corp. | 6.00 | 06/15/29 | 100,000 | 99,628 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 85,000 | 86,423 | ||||||||||
| Berry Global, Inc.(1) | 5.63 | 07/15/27 | 70,000 | 68,342 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 40,000 | 37,558 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 50,000 | 47,703 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp.V | 4.25 | 09/30/26 | 30,000 | 28,771 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp.VI | 4.75 | 02/01/26 | 85,000 | 83,260 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 25,000 | 25,825 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 55,000 | 49,899 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 60,000 | 52,273 | ||||||||||
The accompanying notes are an integral part of these financial statements.
69
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 2.1% (Continued) | ||||||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | $ | 20,000 | $ | 19,134 | ||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 35,000 | 32,003 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 35,000 | 32,413 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 30,000 | 28,338 | ||||||||||
| Sealed Air Corp.(1) | 5.50 | 09/15/25 | 40,000 | 39,806 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 45,000 | 45,354 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 75,000 | 74,163 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 7.25 | 02/15/31 | 35,000 | 35,675 | ||||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 50,000 | 46,733 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 40,000 | 35,948 | ||||||||||
| 1,220,320 | ||||||||||||||
| PHARMACEUTICALS – 1.1% | ||||||||||||||
| 180 Medical, Inc.(1) | 3.88 | 10/15/29 | 45,000 | 39,888 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 12.25 | 04/15/29 | 70,000 | 66,929 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 150,000 | 136,619 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 190,000 | 173,224 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.38 | 03/15/26 | 60,000 | 58,040 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.65 | 06/15/30 | 90,000 | 82,550 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 25,000 | 19,720 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 55,000 | 46,841 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 35,000 | 33,635 | ||||||||||
| 657,446 | ||||||||||||||
| PIPELINES – 7.4% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 75,000 | 71,426 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 60,000 | 58,958 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 55,000 | 53,878 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 6.63 | 02/01/32 | 70,000 | 69,844 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 7.88 | 05/15/26 | 50,000 | 50,952 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 50,000 | 47,115 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 48,000 | 44,733 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 45,000 | 41,954 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 55,000 | 46,491 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 35,000 | 31,008 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 125,000 | 114,960 | ||||||||||
| DT Midstream, Inc.(1) | 4.13 | 06/15/29 | 95,000 | 86,181 | ||||||||||
| DT Midstream, Inc.(1) | 4.38 | 06/15/31 | 95,000 | 84,406 | ||||||||||
| Energy Transfer LP | 8.00 | 05/15/54 | 70,000 | 72,145 | ||||||||||
| EQM Midstream Partners LP | 4.13 | 12/01/26 | 60,000 | 57,463 | ||||||||||
| EQM Midstream Partners LP(1) | 4.50 | 01/15/29 | 90,000 | 83,350 | ||||||||||
| EQM Midstream Partners LP(1) | 4.75 | 01/15/31 | 105,000 | 96,026 | ||||||||||
| EQM Midstream Partners LP | 5.50 | 07/15/28 | 75,000 | 73,118 | ||||||||||
| EQM Midstream Partners LP(1) | 6.00 | 07/01/25 | 40,000 | 39,967 | ||||||||||
| EQM Midstream Partners LP(1) | 6.38 | 04/01/29 | 35,000 | 34,702 | ||||||||||
| EQM Midstream Partners LP(1) | 6.50 | 07/01/27 | 80,000 | 80,175 | ||||||||||
| EQM Midstream Partners LP | 6.50 | 07/15/48 | 50,000 | 49,374 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/27 | 50,000 | 50,983 | ||||||||||
| EQM Midstream Partners LP(1) | 7.50 | 06/01/30 | 50,000 | 52,468 | ||||||||||
The accompanying notes are an integral part of these financial statements.
70
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 7.4% (Continued) | ||||||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | $ | 70,000 | $ | 70,258 | ||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 95,000 | 85,813 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 10,000 | 9,581 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 20,000 | 19,142 | ||||||||||
| Hess Midstream Operations LP(1) | 5.63 | 02/15/26 | 100,000 | 98,958 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 90,000 | 87,088 | ||||||||||
| Kinetik Holdings LP(1) | 6.63 | 12/15/28 | 90,000 | 90,505 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | 130,000 | 124,420 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.75 | 09/15/25 | 93,000 | 91,935 | ||||||||||
| New Fortress Energy, Inc.(1) | 8.75 | 03/15/29 | 65,000 | 63,451 | ||||||||||
| Northriver Midstream Finance LP(1) | 5.63 | 02/15/26 | 50,000 | 48,993 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 45,000 | 44,058 | ||||||||||
| NuStar Logistics LP | 5.75 | 10/01/25 | 10,000 | 9,953 | ||||||||||
| NuStar Logistics LP | 6.00 | 06/01/26 | 95,000 | 94,356 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 50,000 | 49,472 | ||||||||||
| Rockies Express Pipeline LLC(1) | 3.60 | 05/15/25 | 30,000 | 29,097 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | 25,000 | 22,530 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 60,000 | 55,211 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 65,000 | 66,726 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 95,000 | 90,276 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 80,000 | 75,338 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 40,000 | 37,170 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.38 | 02/15/29 | 75,000 | 75,147 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 120,000 | 106,117 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 110,000 | 90,401 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 110,000 | 96,084 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 110,000 | 108,840 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.13 | 06/01/28 | 215,000 | 220,014 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.38 | 06/01/31 | 220,000 | 225,912 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.50 | 02/01/29 | 265,000 | 285,004 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.88 | 02/01/32 | 185,000 | 197,530 | ||||||||||
| 4,261,057 | ||||||||||||||
| PRIVATE EQUITY – 0.3% | ||||||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.38 | 06/15/26 | 100,000 | 93,053 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 3.75 | 09/15/30 | 30,000 | 24,923 | ||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 8.00 | 06/15/27 | 60,000 | 61,584 | ||||||||||
| 179,560 | ||||||||||||||
| REAL ESTATE – 0.6% | ||||||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 55,000 | 54,276 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 8.88 | 09/01/31 | 35,000 | 36,344 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 7.75 | 09/01/30 | 35,000 | 36,085 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 80,000 | 70,719 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 55,000 | 46,693 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 65,000 | 61,226 | ||||||||||
| Newmark Group, Inc.(1) | 7.50 | 01/12/29 | 55,000 | 55,583 | ||||||||||
| 360,926 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
71
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 4.6% | ||||||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | $ | 35,000 | $ | 31,389 | ||||||||
| Brandywine Operating Partnership LP | 3.95 | 11/15/27 | 45,000 | 40,327 | ||||||||||
| Brandywine Operating Partnership LP | 4.55 | 10/01/29 | 35,000 | 30,045 | ||||||||||
| Brandywine Operating Partnership LP | 8.05 | 03/15/28 | 20,000 | 20,345 | ||||||||||
| Brandywine Operating Partnership LP | 8.88 | 04/12/29 | 40,000 | 40,974 | ||||||||||
| CTR Partnership LP/CareTrust Capital Corp.(1) | 3.88 | 06/30/28 | 40,000 | 36,247 | ||||||||||
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP(1) | 3.75 | 12/15/27 | 40,000 | 34,077 | ||||||||||
| Hudson Pacific Properties LP | 3.25 | 01/15/30 | 40,000 | 30,389 | ||||||||||
| Hudson Pacific Properties LP | 3.95 | 11/01/27 | 35,000 | 30,949 | ||||||||||
| Hudson Pacific Properties LP | 4.65 | 04/01/29 | 45,000 | 37,958 | ||||||||||
| Hudson Pacific Properties LP | 5.95 | 02/15/28 | 30,000 | 27,456 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 75,000 | 66,531 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 100,000 | 88,302 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 110,000 | 105,064 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 90,000 | 83,132 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 30,000 | 28,299 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 65,000 | 62,252 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 110,000 | 102,204 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 55,000 | 50,954 | ||||||||||
| Iron Mountain, Inc.(1) | 7.00 | 02/15/29 | 105,000 | 105,691 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 55,000 | 50,983 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 65,000 | 58,062 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 5.25 | 10/01/25 | 20,000 | 19,736 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 120,000 | 80,588 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 85,000 | 63,685 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 125,000 | 102,374 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.25 | 08/01/26 | 40,000 | 36,481 | ||||||||||
| Necessity Retail REIT, Inc./American Finance Operating Partner LP(1) | 4.50 | 09/30/28 | 50,000 | 42,696 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 4.88 | 05/15/29 | 70,000 | 64,106 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 5.88 | 10/01/28 | 60,000 | 58,319 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 7.50 | 06/01/25 | 60,000 | 60,035 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 50,000 | 46,029 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 60,000 | 57,064 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 04/01/32 | 95,000 | 93,172 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 7.25 | 07/15/28 | 35,000 | 35,573 | ||||||||||
| RLJ Lodging Trust LP(1) | 3.75 | 07/01/26 | 45,000 | 42,386 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 45,000 | 39,064 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 135,000 | 117,699 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 135,000 | 127,002 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 45,000 | 42,506 | ||||||||||
| Service Properties Trust | 7.50 | 09/15/25 | 80,000 | 80,666 | ||||||||||
| Service Properties Trust(1) | 8.63 | 11/15/31 | 80,000 | 84,087 | ||||||||||
| Starwood Property Trust, Inc.(1) | 3.63 | 07/15/26 | 40,000 | 37,029 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 45,000 | 41,717 | ||||||||||
| Starwood Property Trust, Inc.(1) | 7.25 | 04/01/29 | 50,000 | 49,387 | ||||||||||
The accompanying notes are an integral part of these financial statements.
72
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 4.6% (Continued) | ||||||||||||||
| Vornado Realty LP | 2.15 | 06/01/26 | $ | 40,000 | $ | 36,328 | ||||||||
| Vornado Realty LP | 3.40 | 06/01/31 | 30,000 | 23,315 | ||||||||||
| 2,642,674 | ||||||||||||||
| RETAIL – 5.6% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 70,000 | 62,559 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 145,000 | 133,891 | ||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 35,000 | 34,250 | ||||||||||
| Advance Auto Parts, Inc. | 1.75 | 10/01/27 | 30,000 | 25,777 | ||||||||||
| Advance Auto Parts, Inc. | 3.50 | 03/15/32 | 30,000 | 25,052 | ||||||||||
| Advance Auto Parts, Inc. | 3.90 | 04/15/30 | 50,000 | 44,659 | ||||||||||
| Advance Auto Parts, Inc. | 5.90 | 03/09/26 | 25,000 | 24,941 | ||||||||||
| Advance Auto Parts, Inc. | 5.95 | 03/09/28 | 30,000 | 29,654 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 40,000 | 37,564 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 70,000 | 63,367 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 40,000 | 36,300 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 55,000 | 48,938 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 30,000 | 28,880 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 85,000 | 85,002 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 20,000 | 20,143 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 55,000 | 53,725 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 75,000 | 74,576 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 45,000 | 46,228 | ||||||||||
| Bath & Body Works, Inc.(1) | 9.38 | 07/01/25 | 40,000 | 41,435 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.50 | 11/15/26 | 25,000 | 24,006 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 6.50 | 08/01/30 | 55,000 | 54,950 | ||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 45,000 | 41,676 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 55,000 | 51,886 | ||||||||||
| FirstCash, Inc.(1) | 6.88 | 03/01/32 | 40,000 | 39,544 | ||||||||||
| Foot Locker, Inc.(1) | 4.00 | 10/01/29 | 35,000 | 28,042 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 75,000 | 63,523 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 65,000 | 52,897 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 65,000 | 59,180 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 65,000 | 62,795 | ||||||||||
| Kohl’s Corp. | 4.25 | 07/17/25 | 25,000 | 24,395 | ||||||||||
| Kohl’s Corp. | 4.63 | 05/01/31 | 70,000 | 57,783 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 30,000 | 20,612 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 70,000 | 61,895 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 40,000 | 35,058 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 45,000 | 42,467 | ||||||||||
| Macy’s Retail Holdings LLC | 4.30 | 02/15/43 | 25,000 | 19,797 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 25,000 | 21,331 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 25,000 | 21,071 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 04/01/29 | 40,000 | 38,608 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 45,000 | 42,931 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 40,000 | 37,878 | ||||||||||
| Marks & Spencer PLC(1) | 7.13 | 12/01/37 | 30,000 | 30,745 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 40,000 | 34,373 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 45,000 | 41,928 | ||||||||||
The accompanying notes are an integral part of these financial statements.
73
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 5.6% (Continued) | ||||||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | $ | 30,000 | $ | 29,629 | ||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 30,000 | 28,500 | ||||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 40,000 | 34,544 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 45,000 | 40,206 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 90,000 | 68,412 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 25,000 | 24,816 | ||||||||||
| Penske Automotive Group, Inc. | 3.50 | 09/01/25 | 50,000 | 48,270 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 44,000 | 38,720 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 4.75 | 02/15/28 | 105,000 | 97,009 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 6.75 | 03/01/32 | 50,000 | 48,383 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 50,000 | 44,805 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 50,000 | 43,676 | ||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 50,000 | 45,272 | ||||||||||
| Walgreen Co. | 4.40 | 09/15/42 | 25,000 | 20,052 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.20 | 04/15/30 | 45,000 | 38,612 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.45 | 06/01/26 | 130,000 | 122,935 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.10 | 04/15/50 | 70,000 | 49,262 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.50 | 11/18/34 | 30,000 | 25,826 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.65 | 06/01/46 | 10,000 | 8,069 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.80 | 11/18/44 | 75,000 | 60,664 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 95,000 | 82,165 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 95,000 | 85,612 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 70,000 | 65,576 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 25,000 | 23,260 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 105,000 | 99,141 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 30,000 | 31,875 | ||||||||||
| 3,231,603 | ||||||||||||||
| SEMICONDUCTORS – 0.8% | ||||||||||||||
| Amkor Technology, Inc.(1) | 6.63 | 09/15/27 | 50,000 | 49,974 | ||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 40,000 | 35,443 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 40,000 | 37,326 | ||||||||||
| Entegris, Inc.(1) | 4.75 | 04/15/29 | 160,000 | 151,057 | ||||||||||
| Entegris, Inc.(1) | 5.95 | 06/15/30 | 75,000 | 73,102 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 60,000 | 54,501 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 40,000 | 35,169 | ||||||||||
| 436,572 | ||||||||||||||
| SOFTWARE – 1.3% | ||||||||||||||
| Camelot Finance SA(1) | 4.50 | 11/01/26 | 60,000 | 57,194 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 80,000 | 72,920 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 75,000 | 69,147 | ||||||||||
| Fair Isaac Corp.(1) | 5.25 | 05/15/26 | 40,000 | 39,321 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 80,000 | 73,096 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 80,000 | 70,092 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 105,000 | 92,352 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 55,000 | 47,181 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 45,000 | 41,730 | ||||||||||
| RingCentral, Inc.(1) | 8.50 | 08/15/30 | 35,000 | 35,650 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 90,000 | 77,911 | ||||||||||
The accompanying notes are an integral part of these financial statements.
74
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SOFTWARE – 1.3% (Continued) | ||||||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | $ | 45,000 | $ | 39,992 | ||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 40,000 | 34,669 | ||||||||||
| 751,255 | ||||||||||||||
| TELECOMMUNICATIONS – 2.8% | ||||||||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | 45,000 | 42,459 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 40,000 | 35,762 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 40,000 | 35,123 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 6.75 | 10/01/26 | 185,000 | 179,332 | ||||||||||
| Intelsat Jackson Holdings SA(1) | 6.50 | 03/15/30 | 275,000 | 263,902 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 85,000 | 70,986 | ||||||||||
| Millicom International Cellular SA(1) | 5.13 | 01/15/28 | 18,000 | 16,623 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 63,000 | 59,349 | ||||||||||
| Millicom International Cellular SA(1) | 7.38 | 04/02/32 | 50,000 | 49,076 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 65,000 | 61,873 | ||||||||||
| United States Cellular Corp. | 6.70 | 12/15/33 | 45,000 | 43,957 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 50,000 | 45,806 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 40,000 | 33,649 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 130,000 | 106,314 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 150,000 | 125,328 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 7.75 | 04/15/32 | 50,000 | 49,270 | ||||||||||
| Vodafone Group PLC | 3.25 | 06/04/81 | 45,000 | 41,852 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 90,000 | 75,454 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 90,000 | 66,077 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 180,000 | 182,912 | ||||||||||
| 1,585,104 | ||||||||||||||
| TRANSPORTATION – 0.8% | ||||||||||||||
| Cargo Aircraft Management, Inc.(1) | 4.75 | 02/01/28 | 50,000 | 45,207 | ||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 25,000 | 25,338 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 55,000 | 48,153 | ||||||||||
| Genesee & Wyoming, Inc.(1) | 6.25 | 04/15/32 | 65,000 | 64,684 | ||||||||||
| GN Bondco LLC(1) | 9.50 | 10/15/31 | 65,000 | 62,482 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 75,000 | 74,270 | ||||||||||
| RXO, Inc.(1) | 7.50 | 11/15/27 | 30,000 | 30,462 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 25,000 | 25,454 | ||||||||||
| XPO, Inc.(1) | 7.13 | 06/01/31 | 40,000 | 40,246 | ||||||||||
| XPO, Inc.(1) | 7.13 | 02/01/32 | 50,000 | 50,337 | ||||||||||
| 466,633 | ||||||||||||||
| TRUCKING & LEASING – 0.5% | ||||||||||||||
| AerCap Global Aviation Trust(1) | 6.50 | 06/15/45 | 45,000 | 44,780 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.50 | 05/01/28 | 90,000 | 86,479 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.00 | 05/01/31 | 70,000 | 70,461 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.88 | 12/01/30 | 40,000 | 41,589 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 9.75 | 08/01/27 | 40,000 | 41,338 | ||||||||||
| 284,647 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $56,505,087) | 56,487,890 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
75
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.9% | ||||||||||||||
| TIME DEPOSITS – 0.9% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 4.67 | 05/01/24 | $ | 510,631 | $ | 510,631 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $510,631) | 510,631 | |||||||||||||
| TOTAL INVESTMENTS – 99.4% (Cost - $57,015,718) | $ | 56,998,521 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.6% | 352,396 | |||||||||||||
| NET ASSETS – 100.0% | $ | 57,350,917 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $42,358,176 and represents 73.9% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
| (2) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
76
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| ADVERTISING – 1.4% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 20,000 | $ | 18,630 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 5.13 | 08/15/27 | 35,000 | 32,474 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.88 | 04/01/30 | 25,000 | 24,530 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 9.00 | 09/15/28 | 25,000 | 25,726 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | 15,000 | 13,366 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 15,000 | 13,255 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 20,000 | 19,055 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 35,000 | 31,370 | ||||||||||
| Summer BC Bidco B LLC(1) | 5.50 | 10/31/26 | 10,000 | 9,558 | ||||||||||
| 187,964 | ||||||||||||||
| AEROSPACE/DEFENSE – 3.7% | ||||||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 20,000 | 19,526 | ||||||||||
| Bombardier, Inc.(1) | 7.13 | 06/15/26 | 10,000 | 10,117 | ||||||||||
| Bombardier, Inc.(1) | 7.25 | 07/01/31 | 25,000 | 25,093 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 15,000 | 16,560 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 25,000 | 25,599 | ||||||||||
| Bombardier, Inc.(1) | 7.88 | 04/15/27 | 45,000 | 44,748 | ||||||||||
| Bombardier, Inc.(1) | 8.75 | 11/15/30 | 25,000 | 26,628 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.75 | 11/15/30 | 35,000 | 38,762 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 20,000 | 18,341 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 15,000 | 13,813 | ||||||||||
| TransDigm, Inc. | 5.50 | 11/15/27 | 50,000 | 48,633 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 03/01/29 | 55,000 | 54,649 | ||||||||||
| TransDigm, Inc.(1) | 6.63 | 03/01/32 | 40,000 | 39,982 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 40,000 | 40,220 | ||||||||||
| TransDigm, Inc.(1) | 6.88 | 12/15/30 | 30,000 | 30,232 | ||||||||||
| TransDigm, Inc.(1) | 7.13 | 12/01/31 | 20,000 | 20,406 | ||||||||||
| Triumph Group, Inc.(1) | 9.00 | 03/15/28 | 32,000 | 33,175 | ||||||||||
| 506,484 | ||||||||||||||
| AGRICULTURE – 0.2% | ||||||||||||||
| Turning Point Brands, Inc.(1) | 5.63 | 02/15/26 | 10,000 | 9,791 | ||||||||||
| Vector Group Ltd.(1) | 10.50 | 11/01/26 | 20,000 | 20,169 | ||||||||||
| 29,960 | ||||||||||||||
| AIRLINES – 0.8% | ||||||||||||||
| Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.(1) | 5.75 | 01/20/26 | 40,000 | 37,557 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 15,000 | 11,727 | ||||||||||
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd.(1) | 8.00 | 09/20/25 | 20,000 | 15,635 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 6.38 | 02/01/30 | 30,000 | 23,257 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 7.88 | 05/01/27 | 15,000 | 13,355 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 9.50 | 06/01/28 | 15,000 | 13,449 | ||||||||||
| 114,980 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
77
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| APPAREL – 0.4% | ||||||||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | $ | 20,000 | $ | 16,805 | ||||||||
| Hanesbrands, Inc.(1) | 4.88 | 05/15/26 | 25,000 | 24,203 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 20,000 | 19,920 | ||||||||||
| 60,928 | ||||||||||||||
| AUTO MANUFACTURERS – 0.4% | ||||||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.00 | 03/31/29 | 30,000 | 29,412 | ||||||||||
| JB Poindexter & Co., Inc.(1) | 8.75 | 12/15/31 | 20,000 | 20,460 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 10,000 | 8,998 | ||||||||||
| 58,870 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 2.9% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 4.88 | 08/15/26 | 25,000 | 24,063 | ||||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 15,000 | 15,592 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 25,000 | 22,580 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 15,000 | 14,869 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 5,000 | 4,968 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.25 | 05/15/26 | 35,000 | 34,990 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/25 | 10,000 | 10,013 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 20,000 | 20,061 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 8.50 | 05/15/27 | 45,000 | 45,144 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 20,000 | 19,196 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 05/31/26 | 35,000 | 33,938 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 20,000 | 18,159 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 15,000 | 13,464 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 20,000 | 17,706 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 15,000 | 13,215 | ||||||||||
| Goodyear Tire & Rubber Co. | 9.50 | 05/31/25 | 20,000 | 20,087 | ||||||||||
| Tenneco, Inc.(1) | 8.00 | 11/17/28 | 55,000 | 51,446 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 10,000 | 9,677 | ||||||||||
| 389,168 | ||||||||||||||
| BANKS – 0.5% | ||||||||||||||
| Freedom Mortgage Corp.(1) | 12.00 | 10/01/28 | 25,000 | 26,781 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.25 | 10/01/30 | 10,000 | 10,861 | ||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 15,000 | 14,452 | ||||||||||
| Freedom Mortgage Corp.(1) | 7.63 | 05/01/26 | 15,000 | 14,946 | ||||||||||
| 67,040 | ||||||||||||||
| BEVERAGES – 0.1% | ||||||||||||||
| Primo Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 20,000 | 18,274 | ||||||||||
| BUILDING MATERIALS – 0.9% | ||||||||||||||
| AmeriTex Hold Co. Intermediate LLC(1) | 10.25 | 10/15/28 | 15,000 | 15,819 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 20,000 | 19,681 | ||||||||||
| Eco Material Technologies, Inc.(1) | 7.88 | 01/31/27 | 20,000 | 20,165 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 30,000 | 28,920 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 10,000 | 9,502 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 15,000 | 13,600 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 15,000 | 14,104 | ||||||||||
| 121,791 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
78
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 2.8% | ||||||||||||||
| ASP Unifrax Holdings, Inc.(1) | 5.25 | 09/30/28 | $ | 25,000 | $ | 15,089 | ||||||||
| Cerdia Finanz GmbH(1) | 10.50 | 02/15/27 | 15,000 | 15,564 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 20,000 | 17,158 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 15,000 | 14,209 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 20,000 | 18,392 | ||||||||||
| Consolidated Energy Finance SA(1) | 12.00 | 02/15/31 | 20,000 | 20,725 | ||||||||||
| Consolidated Energy Finance SA(1) | 5.63 | 10/15/28 | 15,000 | 12,692 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 15,000 | 14,011 | ||||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 10,000 | 8,643 | ||||||||||
| Mativ Holdings, Inc.(1) | 6.88 | 10/01/26 | 10,000 | 9,896 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 30,000 | 27,064 | ||||||||||
| Olympus Water US Holding Corp.(1) | 9.75 | 11/15/28 | 55,000 | 58,430 | ||||||||||
| Rain Carbon, Inc.(1) | 12.25 | 09/01/29 | 15,000 | 15,640 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 30,000 | 27,927 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 20,000 | 19,218 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 20,000 | 17,453 | ||||||||||
| TPC Group, Inc.(1) | 13.00 | 12/16/27 | 8,571 | 8,808 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 30,000 | 26,797 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 35,000 | 33,263 | ||||||||||
| 380,979 | ||||||||||||||
| COMMERCIAL SERVICES – 6.2% | ||||||||||||||
| Albion Financing 2 Sarl(1) | 8.75 | 04/15/27 | 15,000 | 15,075 | ||||||||||
| Allied Universal Holdco LLC(1) | 7.88 | 02/15/31 | 30,000 | 30,104 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.63 | 07/15/26 | 32,000 | 31,948 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 45,000 | 40,470 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 10,000 | 8,981 | ||||||||||
| Alta Equipment Group, Inc.(1) | 5.63 | 04/15/26 | 10,000 | 9,643 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 20,000 | 17,654 | ||||||||||
| APX Group, Inc.(1) | 5.75 | 07/15/29 | 25,000 | 23,275 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 30,000 | 26,716 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 25,000 | 23,779 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.00 | 02/15/31 | 15,000 | 14,376 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 10,000 | 8,826 | ||||||||||
| Champions Financing, Inc.(1) | 8.75 | 02/15/29 | 20,000 | 20,460 | ||||||||||
| Cimpress PLC | 7.00 | 06/15/26 | 15,000 | 14,899 | ||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 20,000 | 17,322 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 15,000 | 14,311 | ||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | 15,000 | 15,180 | ||||||||||
| GEO Group, Inc.(1) | 10.25 | 04/15/31 | 20,000 | 20,633 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 15,000 | 11,634 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 30,000 | 20,630 | ||||||||||
| Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc.(1) | 5.00 | 02/01/26 | 10,000 | 9,894 | ||||||||||
| Matthews International Corp.(1) | 5.25 | 12/01/25 | 10,000 | 9,797 | ||||||||||
| Mobius Merger Sub, Inc.(1) | 9.00 | 06/01/30 | 15,000 | 14,816 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.50 | 09/01/28 | 30,000 | 24,477 | ||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | 80,000 | 75,586 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 25,000 | 23,298 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 10,000 | 8,801 | ||||||||||
The accompanying notes are an integral part of these financial statements.
79
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| COMMERCIAL SERVICES – 6.2% (Continued) | ||||||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 6.25 | 01/15/28 | $ | 40,000 | $ | 39,111 | ||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 20,000 | 18,446 | ||||||||||
| RR Donnelley & Sons Co.(1) | 9.75 | 07/31/28 | 10,000 | 10,920 | ||||||||||
| Sabre GLBL, Inc.(1) | 11.25 | 12/15/27 | 15,000 | 14,028 | ||||||||||
| Sabre GLBL, Inc.(1) | 8.63 | 06/01/27 | 30,000 | 26,570 | ||||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 30,000 | 27,984 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 15,000 | 14,414 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 15,000 | 12,631 | ||||||||||
| VT Topco, Inc.(1) | 8.50 | 08/15/30 | 15,000 | 15,538 | ||||||||||
| Wand NewCo 3, Inc.(1) | 7.63 | 01/30/32 | 35,000 | 35,611 | ||||||||||
| WASH Multifamily Acquisition, Inc.(1) | 5.75 | 04/15/26 | 25,000 | 24,263 | ||||||||||
| Williams Scotsman, Inc.(1) | 4.63 | 08/15/28 | 20,000 | 18,482 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.13 | 06/15/25 | 15,000 | 14,960 | ||||||||||
| Williams Scotsman, Inc.(1) | 7.38 | 10/01/31 | 10,000 | 10,222 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 15,000 | 13,211 | ||||||||||
| 848,976 | ||||||||||||||
| COMPUTERS – 0.8% | ||||||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 15,000 | 13,588 | ||||||||||
| NCR Voyix Corp.(1) | 5.00 | 10/01/28 | 25,000 | 23,048 | ||||||||||
| NCR Voyix Corp.(1) | 5.13 | 04/15/29 | 30,000 | 27,598 | ||||||||||
| NCR Voyix Corp.(1) | 5.25 | 10/01/30 | 15,000 | 13,376 | ||||||||||
| Presidio Holdings, Inc.(1) | 4.88 | 02/01/27 | 15,000 | 15,029 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 15,000 | 14,174 | ||||||||||
| 106,813 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.9% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | 10,000 | 8,773 | ||||||||||
| G-III Apparel Group Ltd.(1) | 7.88 | 08/15/25 | 10,000 | 10,058 | ||||||||||
| H&E Equipment Services, Inc.(1) | 3.88 | 12/15/28 | 35,000 | 31,009 | ||||||||||
| Ritchie Bros Holdings, Inc.(1) | 7.75 | 03/15/31 | 25,000 | 25,959 | ||||||||||
| Verde Purchaser LLC(1) | 10.50 | 11/30/30 | 20,000 | 21,093 | ||||||||||
| Windsor Holdings III LLC(1) | 8.50 | 06/15/30 | 25,000 | 26,069 | ||||||||||
| 122,961 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.0% | ||||||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 15,000 | 14,535 | ||||||||||
| AG TTMT Escrow Issuer LLC(1) | 8.63 | 09/30/27 | 15,000 | 15,466 | ||||||||||
| Aretec Group, Inc.(1) | 10.00 | 08/15/30 | 20,000 | 21,749 | ||||||||||
| Castlelake Aviation Finance DAC(1) | 5.00 | 04/15/27 | 10,000 | 9,635 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 35,000 | 29,377 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 15,000 | 11,711 | ||||||||||
| Enova International, Inc.(1) | 11.25 | 12/15/28 | 10,000 | 10,628 | ||||||||||
| Enova International, Inc.(1) | 8.50 | 09/15/25 | 10,000 | 9,983 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.25 | 02/01/29 | 20,000 | 20,126 | ||||||||||
| LFS Topco LLC(1) | 5.88 | 10/15/26 | 10,000 | 9,302 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.13 | 12/15/30 | 25,000 | 22,485 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.50 | 08/15/28 | 20,000 | 18,827 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.75 | 11/15/31 | 20,000 | 18,200 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.00 | 01/15/27 | 20,000 | 19,616 | ||||||||||
The accompanying notes are an integral part of these financial statements.
80
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.0% (Continued) | ||||||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 7.13 | 02/01/32 | $ | 25,000 | $ | 24,664 | ||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 10,000 | 9,422 | ||||||||||
| PHH Mortgage Corp.(1) | 7.88 | 03/15/26 | 10,000 | 9,575 | ||||||||||
| 275,301 | ||||||||||||||
| ELECTRIC – 0.8% | ||||||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 5,000 | 4,598 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 40,000 | 36,289 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 40,000 | 37,979 | ||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 25,000 | 23,720 | ||||||||||
| Pike Corp.(1) | 8.63 | 01/31/31 | 10,000 | 10,488 | ||||||||||
| 113,074 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.3% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 25,000 | 22,108 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 25,000 | 22,740 | ||||||||||
| 44,848 | ||||||||||||||
| ELECTRONICS – 0.5% | ||||||||||||||
| EquipmentShare.com, Inc.(1) | 8.63 | 05/15/32 | 20,000 | 20,373 | ||||||||||
| EquipmentShare.com, Inc.(1) | 9.00 | 05/15/28 | 30,000 | 30,835 | ||||||||||
| Likewize Corp.(1) | 9.75 | 10/15/25 | 10,000 | 10,098 | ||||||||||
| 61,306 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 0.1% | ||||||||||||||
| Sunnova Energy Corp.(1) | 11.75 | 10/01/28 | 10,000 | 5,980 | ||||||||||
| Sunnova Energy Corp.(1) | 5.88 | 09/01/26 | 10,000 | 6,229 | ||||||||||
| 12,209 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 1.0% | ||||||||||||||
| Artera Services LLC(1) | 8.50 | 02/15/31 | 20,000 | 20,481 | ||||||||||
| Brand Industrial Services, Inc.(1) | 10.38 | 08/01/30 | 40,000 | 42,974 | ||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 6.00 | 02/01/26 | 10,000 | 9,852 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 20,000 | 17,989 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.00 | 12/18/25 | 20,000 | 19,989 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 10,000 | 9,997 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 10,000 | 9,421 | ||||||||||
| 130,703 | ||||||||||||||
| ENTERTAINMENT – 4.8% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 15,000 | 13,437 | ||||||||||
| Banijay Entertainment SASU(1) | 8.13 | 05/01/29 | 15,000 | 15,361 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 20,000 | 18,212 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 35,000 | 31,254 | ||||||||||
| Caesars Entertainment, Inc.(1) | 8.13 | 07/01/27 | 50,000 | 50,711 | ||||||||||
| CCM Merger, Inc.(1) | 6.38 | 05/01/26 | 10,000 | 9,983 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC | 5.25 | 07/15/29 | 20,000 | 18,686 | ||||||||||
| Cedar Fair LP/Canada’s Wonderland Co./Magnum Management Corp./Millennium Operations LLC | 5.38 | 04/15/27 | 20,000 | 19,498 | ||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | 20,000 | 18,910 | ||||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 20,000 | 19,488 | ||||||||||
The accompanying notes are an integral part of these financial statements.
81
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENTERTAINMENT – 4.8% (Continued) | ||||||||||||||
| Churchill Downs, Inc.(1) | 5.75 | 04/01/30 | $ | 35,000 | $ | 33,329 | ||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | 20,000 | 19,880 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 30,000 | 27,889 | ||||||||||
| Cinemark USA, Inc.(1) | 5.88 | 03/15/26 | 5,000 | 4,953 | ||||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 10,000 | 9,280 | ||||||||||
| Everi Holdings, Inc.(1) | 5.00 | 07/15/29 | 15,000 | 14,716 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 15,000 | 14,252 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.00 | 05/15/28 | 15,000 | 15,063 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.25 | 11/15/29 | 20,000 | 20,202 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.50 | 09/01/31 | 15,000 | 15,308 | ||||||||||
| Lions Gate Capital Holdings LLC(1) | 5.50 | 04/15/29 | 20,000 | 15,259 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | 35,000 | 33,017 | ||||||||||
| Merlin Entertainments Group US Holdings, Inc.(1) | 7.38 | 02/15/31 | 15,000 | 15,081 | ||||||||||
| Merlin Entertainments Ltd.(1) | 5.75 | 06/15/26 | 10,000 | 9,889 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 20,000 | 18,259 | ||||||||||
| Mohegan Tribal Gaming Authority(1) | 8.00 | 02/01/26 | 35,000 | 33,275 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 10,000 | 10,311 | ||||||||||
| Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.(1) | 8.00 | 08/01/30 | 10,000 | 10,160 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 25,000 | 23,778 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 25,000 | 23,671 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 20,000 | 18,458 | ||||||||||
| Six Flags Entertainment Corp.(1) | 5.50 | 04/15/27 | 20,000 | 19,382 | ||||||||||
| Six Flags Entertainment Corp.(1) | 7.25 | 05/15/31 | 20,000 | 19,973 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 10,000 | 9,423 | ||||||||||
| 650,348 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.9% | ||||||||||||||
| Covanta Holding Corp.(1) | 4.88 | 12/01/29 | 25,000 | 21,941 | ||||||||||
| Covanta Holding Corp. | 5.00 | 09/01/30 | 10,000 | 8,651 | ||||||||||
| Enviri Corp.(1) | 5.75 | 07/31/27 | 15,000 | 14,046 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 20,000 | 18,148 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 15,000 | 13,553 | ||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | 25,000 | 23,091 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 20,000 | 18,571 | ||||||||||
| 118,001 | ||||||||||||||
| FOOD – 2.3% | ||||||||||||||
| Aragvi Finance International DAC(1) | 8.45 | 04/29/26 | 20,000 | 16,392 | ||||||||||
| B&G Foods, Inc.(1) | 8.00 | 09/15/28 | 15,000 | 15,563 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 10,000 | 7,714 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 15,000 | 13,900 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 7.88 | 03/01/31 | 15,000 | 15,296 | ||||||||||
| KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc.(1) | 9.00 | 02/15/29 | 20,000 | 20,219 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 39,000 | 34,317 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 10,000 | 9,038 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 55,000 | 52,226 | ||||||||||
| Post Holdings, Inc.(1) | 5.63 | 01/15/28 | 35,000 | 33,999 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 25,000 | 21,595 | ||||||||||
The accompanying notes are an integral part of these financial statements.
82
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FOOD – 2.3% (Continued) | ||||||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | $ | 15,000 | $ | 13,652 | ||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 30,000 | 27,982 | ||||||||||
| US Foods, Inc.(1) | 6.88 | 09/15/28 | 10,000 | 10,098 | ||||||||||
| US Foods, Inc.(1) | 7.25 | 01/15/32 | 15,000 | 15,336 | ||||||||||
| 307,327 | ||||||||||||||
| FOOD SERVICE – 0.4% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 35,000 | 33,263 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 15,000 | 14,174 | ||||||||||
| 47,437 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.4% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 10,000 | 9,220 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 20,000 | 17,486 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 30,000 | 26,233 | ||||||||||
| Mercer International, Inc. | 5.50 | 01/15/26 | 5,000 | 4,861 | ||||||||||
| 57,800 | ||||||||||||||
| GAS – 0.5% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.50 | 05/20/25 | 20,000 | 19,899 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 15,000 | 14,573 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.88 | 08/20/26 | 20,000 | 19,684 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.38 | 06/01/28 | 15,000 | 15,600 | ||||||||||
| 69,756 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 2.1% | ||||||||||||||
| Bausch + Lomb Corp.(1) | 8.38 | 10/01/28 | 40,000 | 41,360 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 15,000 | 11,580 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 135,000 | 121,074 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 75,000 | 69,887 | ||||||||||
| Medline Borrower LP/Medline Co.-Issuer, Inc.(1) | 6.25 | 04/01/29 | 30,000 | 29,846 | ||||||||||
| Neogen Food Safety Corp.(1) | 8.63 | 07/20/30 | 10,000 | 10,556 | ||||||||||
| 284,303 | ||||||||||||||
| HEALTHCARE-SERVICES – 6.2% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 15,000 | 14,103 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 10,000 | 9,634 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.13 | 02/15/29 | 15,000 | 14,333 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 3.50 | 04/01/30 | 20,000 | 19,047 | ||||||||||
| Catalent Pharma Solutions, Inc.(1) | 5.00 | 07/15/27 | 20,000 | 19,675 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 10.88 | 01/15/32 | 35,000 | 35,876 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | 30,000 | 23,447 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 45,000 | 36,833 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.63 | 03/15/27 | 55,000 | 50,416 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 25,000 | 21,838 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 03/15/26 | 48,000 | 47,813 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 45,000 | 37,072 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 80,000 | 70,162 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 30,000 | 28,192 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 10,000 | 8,989 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 25,000 | 22,953 | ||||||||||
The accompanying notes are an integral part of these financial statements.
83
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 6.2% (Continued) | ||||||||||||||
| Encompass Health Corp. | 5.75 | 09/15/25 | $ | 5,000 | $ | 4,966 | ||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 20,000 | 18,241 | ||||||||||
| Heartland Dental LLC/Heartland Dental Finance Corp.(1) | 10.50 | 04/30/28 | 20,000 | 21,077 | ||||||||||
| Kedrion SpA(1) | 6.50 | 09/01/29 | 25,000 | 22,613 | ||||||||||
| Legacy LifePoint Health LLC(1) | 4.38 | 02/15/27 | 20,000 | 18,750 | ||||||||||
| LifePoint Health, Inc.(1) | 11.00 | 10/15/30 | 35,000 | 37,297 | ||||||||||
| LifePoint Health, Inc.(1) | 9.88 | 08/15/30 | 20,000 | 20,851 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 7.25 | 11/01/25 | 25,000 | 24,858 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 08/15/26 | 35,000 | 35,044 | ||||||||||
| Star Parent, Inc.(1) | 9.00 | 10/01/30 | 30,000 | 31,419 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 80,000 | 79,071 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 40,000 | 39,876 | ||||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 10,000 | 10,316 | ||||||||||
| US Acute Care Solutions LLC(1) | 6.38 | 03/01/26 | 20,000 | 20,270 | ||||||||||
| 845,032 | ||||||||||||||
| HOME BUILDERS – 1.1% | ||||||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 15,000 | 13,581 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 15,000 | 13,419 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 20,000 | 19,443 | ||||||||||
| Beazer Homes USA, Inc.(1) | 7.50 | 03/15/31 | 10,000 | 9,897 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 25,000 | 21,660 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 20,000 | 19,251 | ||||||||||
| Dream Finders Homes, Inc.(1) | 8.25 | 08/15/28 | 10,000 | 10,311 | ||||||||||
| Empire Communities Corp.(1) | 9.75 | 05/01/29 | 15,000 | 15,308 | ||||||||||
| Landsea Homes Corp.(1) | 8.88 | 04/01/29 | 10,000 | 9,823 | ||||||||||
| New Home Co., Inc.(1) | 9.25 | 10/01/29 | 10,000 | 10,041 | ||||||||||
| 142,734 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.3% | ||||||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 5.00 | 12/31/26 | 15,000 | 14,508 | ||||||||||
| Spectrum Brands, Inc.(1) | 3.88 | 03/15/31 | 15,000 | 14,050 | ||||||||||
| Spectrum Brands, Inc.(1) | 5.00 | 10/01/29 | 10,000 | 9,752 | ||||||||||
| 38,310 | ||||||||||||||
| HOUSEWARES – 0.4% | ||||||||||||||
| CD&R Smokey Buyer, Inc.(1) | 6.75 | 07/15/25 | 20,000 | 19,899 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 20,000 | 16,865 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 25,000 | 22,316 | ||||||||||
| 59,080 | ||||||||||||||
| INSURANCE – 3.3% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | 20,000 | 17,934 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 4.25 | 10/15/27 | 25,000 | 23,340 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 04/15/28 | 35,000 | 34,993 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.00 | 01/15/31 | 45,000 | 45,173 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 25,000 | 22,749 | ||||||||||
| AmWINS Group, Inc.(1) | 6.38 | 02/15/29 | 20,000 | 19,770 | ||||||||||
| Ardonagh FinCo. Ltd.(1) | 7.75 | 02/15/31 | 25,000 | 24,622 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 7.25 | 02/15/31 | 30,000 | 29,640 | ||||||||||
The accompanying notes are an integral part of these financial statements.
84
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 3.3% (Continued) | ||||||||||||||
| HUB International Ltd.(1) | 7.25 | 06/15/30 | $ | 100,000 | $ | 101,536 | ||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 20,000 | 20,573 | ||||||||||
| Panther Escrow Issuer LLC(1) | 7.13 | 06/01/31 | 90,000 | 90,524 | ||||||||||
| Ryan Specialty LLC(1) | 4.38 | 02/01/30 | 15,000 | 13,776 | ||||||||||
| 444,630 | ||||||||||||||
| INTERNET – 1.5% | ||||||||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 5.00 | 05/01/28 | 10,000 | 9,081 | ||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 15,000 | 12,696 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 30,000 | 25,753 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 10,000 | 8,832 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 10,000 | 9,568 | ||||||||||
| Cogent Communications Group, Inc.(1) | 7.00 | 06/15/27 | 15,000 | 14,824 | ||||||||||
| Getty Images, Inc.(1) | 9.75 | 03/01/27 | 10,000 | 10,056 | ||||||||||
| GrubHub Holdings, Inc.(1) | 5.50 | 07/01/27 | 15,000 | 13,392 | ||||||||||
| ION Trading Technologies Sarl(1) | 5.75 | 05/15/28 | 15,000 | 13,716 | ||||||||||
| Millennium Escrow Corp.(1) | 6.63 | 08/01/26 | 25,000 | 14,370 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 11.75 | 10/15/28 | 15,000 | 16,129 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 5.13 | - | 15,000 | 12,495 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | - | 40,000 | 29,026 | ||||||||||
| TripAdvisor, Inc.(1) | 7.00 | 07/15/25 | 15,000 | 15,020 | ||||||||||
| 204,958 | ||||||||||||||
| INVESTMENT COMPANIES – 0.3% | ||||||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.25 | 04/15/29 | 40,000 | 37,432 | ||||||||||
| IRON/STEEL – 0.5% | ||||||||||||||
| Algoma Steel, Inc.(1) | 9.13 | 04/15/29 | 15,000 | 14,831 | ||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 10,000 | 9,322 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 15,000 | 13,685 | ||||||||||
| ATI, Inc. | 7.25 | 08/15/30 | 15,000 | 15,361 | ||||||||||
| Infrabuild Australia Pty Ltd.(1) | 14.50 | 11/15/28 | 10,000 | 10,332 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 10,000 | 9,226 | ||||||||||
| 72,757 | ||||||||||||||
| LEISURE TIME – 3.5% | ||||||||||||||
| Carnival Corp.(1) | 10.50 | 06/01/30 | 30,000 | 32,599 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/01/27 | 90,000 | 87,898 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 45,000 | 43,635 | ||||||||||
| Carnival Corp.(1) | 7.63 | 03/01/26 | 40,000 | 40,275 | ||||||||||
| Carnival Holdings Bermuda Ltd.(1) | 10.38 | 05/01/28 | 60,000 | 65,094 | ||||||||||
| Life Time, Inc.(1) | 8.00 | 04/15/26 | 15,000 | 15,038 | ||||||||||
| Lindblad Expeditions Holdings, Inc.(1) | 9.00 | 05/15/28 | 10,000 | 10,469 | ||||||||||
| Lindblad Expeditions LLC(1) | 6.75 | 02/15/27 | 10,000 | 9,915 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 03/15/26 | 40,000 | 39,221 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 02/15/27 | 30,000 | 29,328 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 20,000 | 20,444 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 15,000 | 14,648 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 09/15/27 | 30,000 | 29,111 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 20,000 | 19,941 | ||||||||||
| Viking Cruises Ltd.(1) | 9.13 | 07/15/31 | 20,000 | 21,466 | ||||||||||
| 479,082 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
85
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LODGING – 0.8% | ||||||||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc.(1) | 4.88 | 07/01/31 | $ | 10,000 | $ | 8,716 | ||||||||
| Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc.(1) | 5.00 | 06/01/29 | 30,000 | 27,313 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 25,000 | 22,467 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 25,000 | 23,207 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 10,000 | 8,775 | ||||||||||
| Station Casinos LLC(1) | 6.63 | 03/15/32 | 15,000 | 14,711 | ||||||||||
| 105,189 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.1% | ||||||||||||||
| Manitowoc Co., Inc.(1) | 9.00 | 04/01/26 | 10,000 | 10,040 | ||||||||||
| MACHINERY-DIVERSIFIED – 0.9% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 10,000 | 9,001 | ||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 15,000 | 16,118 | ||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/15/28 | 15,000 | 9,676 | ||||||||||
| GrafTech Global Enterprises, Inc.(1) | 9.88 | 12/15/28 | 15,000 | 11,296 | ||||||||||
| Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC(1) | 9.00 | 02/15/29 | 30,000 | 30,918 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 45,000 | 43,093 | ||||||||||
| 120,102 | ||||||||||||||
| MEDIA – 5.8% | ||||||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 35,000 | 27,661 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 60,000 | 44,655 | ||||||||||
| Altice Financing SA(1) | 9.63 | 07/15/27 | 15,000 | 14,120 | ||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 30,000 | 20,337 | ||||||||||
| Block Communications, Inc.(1) | 4.88 | 03/01/28 | 10,000 | 8,656 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 20,000 | 15,280 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 30,000 | 26,565 | ||||||||||
| CSC Holdings LLC(1) | 11.75 | 01/31/29 | 60,000 | 53,343 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 25,000 | 15,437 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 30,000 | 19,084 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 50,000 | 31,781 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 35,000 | 26,885 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 40,000 | 32,830 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 50,000 | 37,337 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 20,000 | 17,863 | ||||||||||
| Gray Television, Inc.(1) | 4.75 | 10/15/30 | 15,000 | 9,069 | ||||||||||
| Gray Television, Inc.(1) | 5.38 | 11/15/31 | 45,000 | 27,097 | ||||||||||
| Gray Television, Inc.(1) | 5.88 | 07/15/26 | 20,000 | 19,301 | ||||||||||
| Gray Television, Inc.(1) | 7.00 | 05/15/27 | 25,000 | 22,772 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 25,000 | 23,212 | ||||||||||
| Midcontinent Communications/Midcontinent Finance Corp.(1) | 5.38 | 08/15/27 | 10,000 | 9,556 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 10,000 | 5,909 | ||||||||||
| Scripps Escrow, Inc.(1) | 5.88 | 07/15/27 | 15,000 | 11,819 | ||||||||||
| Sinclair Television Group, Inc.(1) | 4.13 | 12/01/30 | 20,000 | 13,881 | ||||||||||
| Sunrise Hold Co. IV BV(1) | 5.50 | 01/15/28 | 15,000 | 14,142 | ||||||||||
The accompanying notes are an integral part of these financial statements.
86
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 5.8% (Continued) | ||||||||||||||
| Townsquare Media, Inc.(1) | 6.88 | 02/01/26 | $ | 15,000 | $ | 14,571 | ||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 35,000 | 30,478 | ||||||||||
| Univision Communications, Inc.(1) | 6.63 | 06/01/27 | 50,000 | 48,293 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 25,000 | 23,958 | ||||||||||
| Univision Communications, Inc.(1) | 8.00 | 08/15/28 | 40,000 | 39,990 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 20,000 | 16,246 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 30,000 | 24,592 | ||||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 10,000 | 8,912 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 15,000 | 12,462 | ||||||||||
| Ziggo Bond Co. BV(1) | 6.00 | 01/15/27 | 20,000 | 19,683 | ||||||||||
| 787,777 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.1% | ||||||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 15,000 | 13,575 | ||||||||||
| MINING – 1.1% | ||||||||||||||
| Arsenal AIC Parent LLC(1) | 11.50 | 10/01/31 | 15,000 | 16,721 | ||||||||||
| Compass Minerals International, Inc.(1) | 6.75 | 12/01/27 | 15,000 | 14,084 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 15,000 | 14,143 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 15,000 | 14,954 | ||||||||||
| Hudbay Minerals, Inc.(1) | 4.50 | 04/01/26 | 15,000 | 14,524 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 20,000 | 19,600 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 15,000 | 13,156 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 15,000 | 13,983 | ||||||||||
| New Gold, Inc.(1) | 7.50 | 07/15/27 | 10,000 | 9,948 | ||||||||||
| Taseko Mines Ltd.(1) | 8.25 | 05/01/30 | 20,000 | 20,345 | ||||||||||
| 151,458 | ||||||||||||||
| MISCELLANEOUS MANUFACTURERS – 0.4% | ||||||||||||||
| Calderys Financing LLC(1) | 11.25 | 06/01/28 | 15,000 | 15,946 | ||||||||||
| Enpro, Inc. | 5.75 | 10/15/26 | 10,000 | 9,874 | ||||||||||
| Gates Global LLC/Gates Corp.(1) | 6.25 | 01/15/26 | 15,000 | 15,021 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 15,000 | 14,235 | ||||||||||
| 55,076 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 20,000 | 18,044 | ||||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 15,000 | 11,441 | ||||||||||
| 29,485 | ||||||||||||||
| OIL & GAS – 6.4% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 8.25 | 02/15/26 | 20,000 | 20,148 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 10,000 | 9,539 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 7.00 | 11/01/26 | 30,000 | 29,980 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 8.25 | 12/31/28 | 15,000 | 15,320 | ||||||||||
| Berry Petroleum Co. LLC(1) | 7.00 | 02/15/26 | 15,000 | 14,882 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.00 | 11/15/28 | 40,000 | 41,493 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.38 | 11/15/30 | 15,000 | 15,626 | ||||||||||
| California Resources Corp.(1) | 7.13 | 02/01/26 | 15,000 | 15,096 | ||||||||||
| CITGO Petroleum Corp.(1) | 6.38 | 06/15/26 | 20,000 | 19,995 | ||||||||||
| CITGO Petroleum Corp.(1) | 7.00 | 06/15/25 | 35,000 | 34,990 | ||||||||||
| CITGO Petroleum Corp.(1) | 8.38 | 01/15/29 | 30,000 | 31,073 | ||||||||||
The accompanying notes are an integral part of these financial statements.
87
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 6.4% (Continued) | ||||||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | $ | 30,000 | $ | 27,354 | ||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 35,000 | 33,355 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 15,000 | 14,127 | ||||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 15,000 | 13,951 | ||||||||||
| CVR Energy, Inc.(1) | 8.50 | 01/15/29 | 15,000 | 15,052 | ||||||||||
| Diamond Foreign Asset Co./Diamond Finance LLC(1) | 8.50 | 10/01/30 | 15,000 | 15,702 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.50 | 05/01/28 | 20,000 | 20,263 | ||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | 10,000 | 10,251 | ||||||||||
| Gran Tierra Energy, Inc.(1) | 7.75 | 05/23/27 | 15,000 | 12,846 | ||||||||||
| Greenfire Resources Ltd.(1) | 12.00 | 10/01/28 | 10,000 | 10,609 | ||||||||||
| Gulfport Energy Corp.(1) | 8.00 | 05/17/26 | 15,000 | 15,208 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 9.00 | 07/15/26 | 20,000 | 20,148 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.00 | 08/01/26 | 10,000 | 9,875 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 7.50 | 01/15/26 | 30,000 | 29,942 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 20,000 | 19,840 | ||||||||||
| Nabors Industries, Inc.(1) | 9.13 | 01/31/30 | 20,000 | 20,639 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.13 | 03/01/28 | 20,000 | 20,253 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.75 | 06/15/31 | 15,000 | 15,797 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 20,000 | 19,810 | ||||||||||
| Rockcliff Energy II LLC(1) | 5.50 | 10/15/29 | 20,000 | 18,456 | ||||||||||
| Sitio Royalties Operating Partnership LP/Sitio Finance Corp.(1) | 7.88 | 11/01/28 | 20,000 | 20,586 | ||||||||||
| Strathcona Resources Ltd./Alberta(1) | 6.88 | 08/01/26 | 15,000 | 14,869 | ||||||||||
| Talos Production, Inc.(1) | 9.00 | 02/01/29 | 20,000 | 21,120 | ||||||||||
| Talos Production, Inc.(1) | 9.38 | 02/01/31 | 20,000 | 21,330 | ||||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 10,000 | 9,724 | ||||||||||
| Transocean Aquila Ltd.(1) | 8.00 | 09/30/28 | 15,000 | 15,271 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 25,000 | 25,687 | ||||||||||
| Transocean, Inc.(1) | 8.50 | 05/15/31 | 25,000 | 24,903 | ||||||||||
| Transocean, Inc.(1) | 8.75 | 02/15/30 | 31,500 | 32,867 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 10,000 | 9,741 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 10,000 | 10,074 | ||||||||||
| Vital Energy, Inc.(1) | 7.88 | 04/15/32 | 30,000 | 30,461 | ||||||||||
| Vital Energy, Inc. | 9.75 | 10/15/30 | 10,000 | 10,904 | ||||||||||
| W&T Offshore, Inc.(1) | 11.75 | 02/01/26 | 10,000 | 10,209 | ||||||||||
| 869,366 | ||||||||||||||
| OIL & GAS SERVICES – 1.7% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 35,000 | 34,318 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 5,000 | 4,992 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 10,000 | 9,709 | ||||||||||
| CGG SA(1) | 8.75 | 04/01/27 | 15,000 | 14,071 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 20,000 | 20,499 | ||||||||||
| Kodiak Gas Services LLC(1) | 7.25 | 02/15/29 | 25,000 | 25,202 | ||||||||||
| Solaris Midstream Holdings LLC(1) | 7.63 | 04/01/26 | 10,000 | 10,051 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 09/01/27 | 25,000 | 24,980 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 7.13 | 03/15/29 | 30,000 | 29,833 | ||||||||||
| Weatherford International Ltd.(1) | 8.63 | 04/30/30 | 50,000 | 51,957 | ||||||||||
| 225,612 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
88
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 2.6% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | $ | 30,000 | $ | 24,757 | ||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 4.13 | 08/15/26 | 35,000 | 29,204 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 04/30/25 | 20,000 | 19,824 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 15,000 | 14,978 | ||||||||||
| Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC(1) | 6.00 | 09/15/28 | 20,000 | 19,115 | ||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 25,000 | 22,281 | ||||||||||
| LABL, Inc.(1) | 6.75 | 07/15/26 | 20,000 | 19,742 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 04/15/27 | 80,000 | 81,600 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 25,000 | 25,006 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.25 | 05/15/31 | 20,000 | 20,056 | ||||||||||
| Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc.(1) | 4.38 | 10/15/28 | 20,000 | 18,426 | ||||||||||
| Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC(1) | 4.00 | 10/15/27 | 25,000 | 23,220 | ||||||||||
| Trivium Packaging Finance BV(1) | 5.50 | 08/15/26 | 30,000 | 29,512 | ||||||||||
| 347,721 | ||||||||||||||
| PHARMACEUTICALS – 3.1% | ||||||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 15,000 | 12,652 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 15,000 | 12,783 | ||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | 10,000 | 9,388 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 55,000 | 43,064 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 40,000 | 25,879 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.50 | 11/01/25 | 50,000 | 46,622 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.75 | 08/15/27 | 10,000 | 6,910 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.13 | 02/01/27 | 40,000 | 29,338 | ||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 25,000 | 25,322 | ||||||||||
| Cheplapharm Arzneimittel GmbH(1) | 5.50 | 01/15/28 | 15,000 | 14,088 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 20,000 | 19,999 | ||||||||||
| Endo Finance Holdings, Inc.(1) | 8.50 | 04/15/31 | 35,000 | 35,606 | ||||||||||
| Herbalife Nutrition Ltd./HLF Financing, Inc.(1) | 7.88 | 09/01/25 | 9,000 | 8,643 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 20,000 | 11,765 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 14.75 | 11/14/28 | 25,000 | 27,267 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 15,000 | 13,447 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 60,000 | 51,924 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 15,000 | 13,488 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 15,000 | 14,572 | ||||||||||
| 422,757 | ||||||||||||||
| PIPELINES – 2.8% | ||||||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.63 | 12/15/25 | 25,000 | 25,131 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | 15,000 | 14,664 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 8.63 | 03/15/29 | 25,000 | 25,211 | ||||||||||
| FTAI Infra Escrow Holdings LLC(1) | 10.50 | 06/01/27 | 20,000 | 21,000 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 25,000 | 25,016 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 01/15/27 | 35,000 | 35,425 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25 | 01/15/29 | 30,000 | 30,451 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 7.00 | 08/01/27 | 20,000 | 19,861 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 8.25 | 01/15/32 | 15,000 | 15,378 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 6.75 | 01/15/27 | 10,000 | 9,875 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 8.88 | 07/15/28 | 20,000 | 20,984 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 35,000 | 31,648 | ||||||||||
The accompanying notes are an integral part of these financial statements.
89
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 2.8% (Continued) | ||||||||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | $ | 10,000 | $ | 10,617 | ||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.13 | 02/15/29 | 30,000 | 30,503 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.38 | 02/15/32 | 35,000 | 35,591 | ||||||||||
| Prairie Acquiror LP(1) | 9.00 | 08/01/29 | 10,000 | 10,222 | ||||||||||
| Summit Midstream Holdings LLC/Summit Midstream Finance Corp.(1),(3) | 9.50 | 10/15/26 | 25,000 | 25,546 | ||||||||||
| 387,123 | ||||||||||||||
| REAL ESTATE – 0.7% | ||||||||||||||
| Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.(1) | 7.00 | 04/15/30 | 19,400 | 17,043 | ||||||||||
| Five Point Operating Co. LP/Five Point Capital Corp.(1),(3) | 10.50 | 01/15/28 | 16,791 | 17,146 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 20,000 | 17,860 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 35,000 | 28,979 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 5,000 | 3,964 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 15,000 | 11,670 | ||||||||||
| 96,662 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 2.0% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 15,000 | 12,377 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 4.50 | 04/01/27 | 20,000 | 17,782 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 5.75 | 05/15/26 | 30,000 | 29,056 | ||||||||||
| Rithm Capital Corp.(1) | 6.25 | 10/15/25 | 10,000 | 9,913 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 04/01/29 | 20,000 | 19,574 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 25,000 | 21,352 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 10,000 | 7,620 | ||||||||||
| Service Properties Trust | 4.75 | 10/01/26 | 10,000 | 9,294 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 10,000 | 8,189 | ||||||||||
| Service Properties Trust | 5.25 | 02/15/26 | 15,000 | 14,441 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 10.50 | 02/15/28 | 75,000 | 77,886 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 20,000 | 17,563 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 20,000 | 18,273 | ||||||||||
| XHR LP(1) | 6.38 | 08/15/25 | 10,000 | 9,997 | ||||||||||
| 273,317 | ||||||||||||||
| RETAIL – 5.4% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 85,000 | 73,359 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 25,000 | 23,273 | ||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 15,000 | 12,103 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 10,000 | 9,673 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.13 | 05/15/29 | 10,000 | 8,940 | ||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 10,000 | 9,227 | ||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 10,000 | 9,524 | ||||||||||
| Brinker International, Inc.(1) | 8.25 | 07/15/30 | 10,000 | 10,421 | ||||||||||
| CEC Entertainment LLC(1) | 6.75 | 05/01/26 | 20,000 | 19,738 | ||||||||||
| Dave & Buster’s, Inc.(1) | 7.63 | 11/01/25 | 15,000 | 15,111 | ||||||||||
| eG Global Finance PLC(1) | 12.00 | 11/30/28 | 35,000 | 36,166 | ||||||||||
| Evergreen Acqco 1 LP/TVI, Inc.(1) | 9.75 | 04/26/28 | 11,000 | 11,663 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.38 | 04/01/26 | 20,000 | 19,613 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 25,000 | 23,711 | ||||||||||
The accompanying notes are an integral part of these financial statements.
90
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 5.4% (Continued) | ||||||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | $ | 30,000 | $ | 27,163 | ||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.38 | 01/15/29 | 20,000 | 19,074 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.75 | 01/15/32 | 15,000 | 14,176 | ||||||||||
| GYP Holdings III Corp.(1) | 4.63 | 05/01/29 | 10,000 | 9,288 | ||||||||||
| IRB Holding Corp.(1) | 7.00 | 06/15/25 | 20,000 | 19,974 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 10,000 | 9,288 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 30,000 | 27,428 | ||||||||||
| LCM Investments Holdings II LLC(1) | 8.25 | 08/01/31 | 25,000 | 25,994 | ||||||||||
| LSF9 Atlantis Holdings LLC/Victra Finance Corp.(1) | 7.75 | 02/15/26 | 20,000 | 19,624 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 25,000 | 21,188 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 10,000 | 8,712 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 10,000 | 9,101 | ||||||||||
| Patrick Industries, Inc.(1) | 7.50 | 10/15/27 | 10,000 | 10,129 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 7.75 | 02/15/29 | 35,000 | 33,303 | ||||||||||
| QVC, Inc. | 4.38 | 09/01/28 | 15,000 | 11,549 | ||||||||||
| QVC, Inc. | 4.75 | 02/15/27 | 15,000 | 13,086 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 10,000 | 6,577 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 10,000 | 6,127 | ||||||||||
| Raising Cane’s Restaurants LLC(1) | 9.38 | 05/01/29 | 15,000 | 16,106 | ||||||||||
| Sizzling Platter LLC/Sizzling Platter Finance Corp.(1) | 8.50 | 11/28/25 | 10,000 | 10,119 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 6.38 | 09/30/26 | 20,000 | 19,766 | ||||||||||
| SRS Distribution, Inc.(1) | 4.63 | 07/01/28 | 20,000 | 19,942 | ||||||||||
| Staples, Inc.(1) | 7.50 | 04/15/26 | 60,000 | 57,902 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 20,000 | 17,784 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 10,000 | 9,861 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 20,000 | 15,731 | ||||||||||
| 741,514 | ||||||||||||||
| SEMICONDUCTORS – 0.1% | ||||||||||||||
| ams-OSRAM AG(1) | 12.25 | 03/30/29 | 15,000 | 15,028 | ||||||||||
| SOFTWARE – 3.7% | ||||||||||||||
| ACI Worldwide, Inc.(1) | 5.75 | 08/15/26 | 15,000 | 14,938 | ||||||||||
| Alteryx, Inc.(1) | 8.75 | 03/15/28 | 10,000 | 10,168 | ||||||||||
| Boxer Parent Co., Inc.(1) | 7.13 | 10/02/25 | 15,000 | 15,028 | ||||||||||
| Capstone Borrower, Inc.(1) | 8.00 | 06/15/30 | 10,000 | 10,084 | ||||||||||
| Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.(1) | 8.00 | 06/15/29 | 25,000 | 25,740 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 20,000 | 20,233 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 25,000 | 22,794 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 120,000 | 113,906 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.00 | 10/15/26 | 5,000 | 4,745 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 15,000 | 13,148 | ||||||||||
| Dun & Bradstreet Corp.(1) | 5.00 | 12/15/29 | 15,000 | 13,674 | ||||||||||
| Dye & Durham Ltd.(1) | 8.63 | 04/15/29 | 20,000 | 20,213 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 15,000 | 13,372 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 4.63 | 05/01/28 | 10,000 | 8,835 | ||||||||||
| MicroStrategy, Inc.(1) | 6.13 | 06/15/28 | 15,000 | 13,916 | ||||||||||
| Rocket Software, Inc.(1) | 9.00 | 11/28/28 | 30,000 | 30,141 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 60,000 | 58,370 | ||||||||||
The accompanying notes are an integral part of these financial statements.
91
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SOFTWARE – 3.7% (Continued) | ||||||||||||||
| UKG, Inc.(1) | 6.88 | 02/01/31 | $ | 75,000 | $ | 75,190 | ||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 20,000 | 17,671 | ||||||||||
| 502,166 | ||||||||||||||
| TELECOMMUNICATIONS – 4.6% | ||||||||||||||
| Altice France SA/France(1) | 5.13 | 01/15/29 | 15,000 | 9,815 | ||||||||||
| Consolidated Communications, Inc.(1) | 5.00 | 10/01/28 | 10,000 | 8,312 | ||||||||||
| Consolidated Communications, Inc.(1) | 6.50 | 10/01/28 | 25,000 | 21,726 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 50,000 | 46,051 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 40,000 | 38,408 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 25,000 | 25,273 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 35,000 | 35,659 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 10,000 | 8,557 | ||||||||||
| Iliad Holding SASU(1) | 6.50 | 10/15/26 | 35,000 | 34,865 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 10/15/28 | 25,000 | 24,470 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 04/15/29 | 20,000 | 20,059 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 05/15/30 | 30,000 | 29,878 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.75 | 12/15/30 | 15,000 | 15,104 | ||||||||||
| Level 3 Financing, Inc.(1) | 11.00 | 11/15/29 | 50,000 | 51,088 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.40 | 03/01/27 | 20,000 | 12,100 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/29 | 10,000 | 6,460 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/30 | 10,000 | 6,225 | ||||||||||
| Qwest Corp. | 7.25 | 09/15/25 | 10,000 | 9,918 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 30,000 | 25,296 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 35,000 | 30,953 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 25,000 | 22,669 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 30,000 | 27,922 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 09/15/25 | 15,000 | 14,428 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 25,000 | 19,136 | ||||||||||
| Viasat, Inc.(1) | 7.50 | 05/30/31 | 15,000 | 10,612 | ||||||||||
| Windstream Escrow LLC/Windstream Escrow Finance Corp.(1) | 7.75 | 08/15/28 | 40,000 | 38,582 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 4.00 | 03/01/27 | 45,000 | 35,863 | ||||||||||
| 629,429 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $13,234,041) | 13,295,013 | |||||||||||||
| SHORT-TERM INVESTMENTS – 2.7% | ||||||||||||||
| TIME DEPOSITS – 2.7% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | 371,437 | 371,437 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $371,437) | 371,437 | |||||||||||||
| TOTAL INVESTMENTS – 100.4% (Cost - $13,605,478) | $ | 13,666,450 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.4)% | (50,833 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 13,615,617 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $12,042,517 and represents 88.4% 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. |
| (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 April 30, 2024. |
The accompanying notes are an integral part of these financial statements.
92
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Shares | Value | |||||||
| COMMON STOCKS – 0.0% | ||||||||
| REAL ESTATE – 0.0% | ||||||||
| WeWork, Inc. Class A* | 1,339 | $ | 201 | |||||
| TOTAL COMMON STOCKS (Cost - $49,477) | 201 | |||||||
| Rate (%) | Maturity | Face Amount | ||||||||||||
| CORPORATE BONDS – 97.3% | ||||||||||||||
| ADVERTISING – 1.8% | ||||||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | $ | 450,000 | 363,051 | |||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 430,000 | 364,962 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 12/15/27 | 375,000 | 204,952 | ||||||||||
| 932,965 | ||||||||||||||
| AEROSPACE/DEFENSE – 0.9% | ||||||||||||||
| F-Brasile SpA/F-Brasile US LLC(1) | 7.38 | 08/15/26 | 225,000 | 224,106 | ||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 295,000 | 272,138 | ||||||||||
| 496,244 | ||||||||||||||
| APPAREL – 0.4% | ||||||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 230,000 | 183,899 | ||||||||||
| AUTO MANUFACTURERS – 1.1% | ||||||||||||||
| McLaren Finance PLC(1) | 7.50 | 08/01/26 | 295,000 | 258,721 | ||||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 300,000 | 304,210 | ||||||||||
| 562,931 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.9% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 280,000 | 231,596 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 260,000 | 223,034 | ||||||||||
| 454,630 | ||||||||||||||
| BEVERAGES – 0.5% | ||||||||||||||
| Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 300,000 | 269,319 | ||||||||||
| BIOTECHNOLOGY – 0.2% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | 190,000 | 96,910 | ||||||||||
| BUILDING MATERIALS – 1.3% | ||||||||||||||
| ACProducts Holdings, Inc.(1) | 6.38 | 05/15/29 | 215,000 | 150,247 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 135,000 | 114,506 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 7.00 | 12/01/28 | 212,000 | 191,238 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 245,000 | 235,967 | ||||||||||
| 691,958 | ||||||||||||||
| CHEMICALS – 4.0% | ||||||||||||||
| ASP Unifrax Holdings, Inc.(1) | 7.50 | 09/30/29 | 170,000 | 87,309 | ||||||||||
| GPD Cos, Inc.(1) | 10.13 | 04/01/26 | 210,000 | 197,755 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 195,000 | 191,123 | ||||||||||
| Innophos Holdings, Inc.(1) | 9.38 | 02/15/28 | 115,000 | 99,579 | ||||||||||
| LSF11 A5 Hold Co. LLC(1) | 6.63 | 10/15/29 | 148,000 | 137,609 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 165,000 | 148,852 | ||||||||||
| Polar US Borrower LLC/Schenectady International Group, Inc.(1) | 6.75 | 05/15/26 | 135,000 | 35,931 | ||||||||||
| Rayonier AM Products, Inc.(1) | 7.63 | 01/15/26 | 200,000 | 177,389 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 295,000 | 272,475 | ||||||||||
The accompanying notes are an integral part of these financial statements.
93
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 4.0% (Continued) | ||||||||||||||
| Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.(1) | 5.13 | 04/01/29 | $ | 190,000 | $ | 49,008 | ||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 325,000 | 302,038 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 495,000 | 443,737 | ||||||||||
| 2,142,805 | ||||||||||||||
| COMMERCIAL SERVICES – 5.9% | ||||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | 410,000 | 348,481 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 9.75 | 07/15/27 | 450,000 | 448,782 | ||||||||||
| Aptim Corp.(1) | 7.75 | 06/15/25 | 240,000 | 238,525 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 200,000 | 180,108 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 215,000 | 190,287 | ||||||||||
| Garda World Security Corp.(1) | 9.50 | 11/01/27 | 260,000 | 259,032 | ||||||||||
| Mavis Tire Express Services Topco Corp.(1) | 6.50 | 05/15/29 | 310,000 | 287,494 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 11/01/28 | 420,000 | 309,138 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 125,000 | 96,128 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 165,000 | 132,386 | ||||||||||
| Verscend Escrow Corp.(1) | 9.75 | 08/15/26 | 530,000 | 530,000 | ||||||||||
| WW International, Inc.(1) | 4.50 | 04/15/29 | 205,000 | 85,945 | ||||||||||
| 3,106,306 | ||||||||||||||
| COMPUTERS – 3.9% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 165,000 | 150,127 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 865,000 | 802,042 | ||||||||||
| Presidio Holdings, Inc.(1) | 8.25 | 02/01/28 | 235,000 | 237,844 | ||||||||||
| Vericast Corp.(1) | 11.00 | 09/15/26 | 530,000 | 569,750 | ||||||||||
| Vericast Corp.(1) | 12.50 | 12/15/27 | 155,000 | 177,446 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 145,000 | 130,790 | ||||||||||
| 2,067,999 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.1% | ||||||||||||||
| Oriflame Investment Holding PLC(1) | 5.13 | 05/04/26 | 235,000 | 63,450 | ||||||||||
| DISTRIBUTION/WHOLESALE – 0.9% | ||||||||||||||
| BCPE Empire Holdings, Inc.(1) | 7.63 | 05/01/27 | 280,000 | 272,781 | ||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 210,000 | 206,797 | ||||||||||
| 479,578 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.6% | ||||||||||||||
| Aretec Group, Inc.(1) | 7.50 | 04/01/29 | 165,000 | 155,715 | ||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 144,000 | 134,100 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 170,000 | 141,136 | ||||||||||
| Finance of America Funding LLC(1) | 7.88 | 11/15/25 | 155,000 | 120,732 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 125,000 | 117,428 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 255,000 | 193,967 | ||||||||||
| LD Holdings Group LLC(1) | 6.50 | 11/01/25 | 215,000 | 204,256 | ||||||||||
| Osaic Holdings, Inc.(1) | 10.75 | 08/01/27 | 205,000 | 212,407 | ||||||||||
| World Acceptance Corp.(1) | 7.00 | 11/01/26 | 115,000 | 107,005 | ||||||||||
| 1,386,746 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 1.2% | ||||||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 135,000 | 113,487 | ||||||||||
| INNOVATE Corp.(1) | 8.50 | 02/01/26 | 140,000 | 104,200 | ||||||||||
The accompanying notes are an integral part of these financial statements.
94
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 1.2% (Continued) | ||||||||||||||
| Tutor Perini Corp.(1) | 11.88 | 04/30/29 | $ | 175,000 | $ | 179,498 | ||||||||
| Tutor Perini Corp.(1) | 6.88 | 05/01/25 | 245,000 | 245,000 | ||||||||||
| 642,185 | ||||||||||||||
| ENTERTAINMENT – 2.0% | ||||||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 265,000 | 125,601 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 405,000 | 278,226 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 175,000 | 168,910 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 320,000 | 238,784 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 315,000 | 226,442 | ||||||||||
| Universal Entertainment Corp.(1),(2) | 8.75 | 12/11/24 | 25,000 | 27,018 | ||||||||||
| 1,064,981 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 1.2% | ||||||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | 445,000 | 413,213 | ||||||||||
| Waste Pro USA, Inc.(1) | 5.50 | 02/15/26 | 235,000 | 230,127 | ||||||||||
| 643,340 | ||||||||||||||
| FOOD – 2.0% | ||||||||||||||
| B&G Foods, Inc. | 5.25 | 04/01/25 | 80,000 | 79,148 | ||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 240,000 | 221,802 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.63 | 07/01/29 | 210,000 | 212,484 | ||||||||||
| Sigma Holdco BV(1) | 7.88 | 05/15/26 | 235,000 | 223,024 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 210,000 | 186,193 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 210,000 | 161,393 | ||||||||||
| 1,084,044 | ||||||||||||||
| FOOD SERVICE – 0.5% | ||||||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 290,000 | 277,726 | ||||||||||
| FOREST PRODUCTS & PAPER – 0.3% | ||||||||||||||
| Glatfelter Corp.(1) | 4.75 | 11/15/29 | 210,000 | 176,674 | ||||||||||
| HAND/MACHINE TOOLS – 0.4% | ||||||||||||||
| Werner FinCo LP/Werner FinCo, Inc.(1) | 11.50 | 06/15/28 | 170,000 | 185,627 | ||||||||||
| HEALTHCARE-SERVICES – 4.6% | ||||||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 125,000 | 114,652 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 525,000 | 371,696 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 535,000 | 398,261 | ||||||||||
| Heartland Dental LLC/Heartland Dental Finance Corp.(1) | 8.50 | 05/01/26 | 139,000 | 138,637 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 212,000 | 169,717 | ||||||||||
| ModivCare Escrow Issuer, Inc.(1) | 5.00 | 10/01/29 | 225,000 | 156,528 | ||||||||||
| ModivCare, Inc.(1) | 5.88 | 11/15/25 | 225,000 | 219,680 | ||||||||||
| RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc.(1) | 9.75 | 12/01/26 | 545,000 | 543,191 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 7.25 | 04/15/32 | 350,000 | 349,960 | ||||||||||
| 2,462,322 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.4% | ||||||||||||||
| Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc.(1) | 7.00 | 12/31/27 | 220,000 | 213,027 | ||||||||||
The accompanying notes are an integral part of these financial statements.
95
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HOUSEWARES – 0.3% | ||||||||||||||
| SWF Escrow Issuer Corp.(1) | 6.50 | 10/01/29 | $ | 265,000 | $ | 164,000 | ||||||||
| INSURANCE – 8.4% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 10.13 | 08/01/26 | 174,000 | 179,880 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 210,000 | 190,208 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.25 | 02/01/29 | 395,000 | 392,087 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 5.88 | 11/01/29 | 190,000 | 174,628 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 10/15/27 | 575,000 | 564,330 | ||||||||||
| Ardonagh Group Finance Ltd.(1) | 8.88 | 02/15/32 | 430,000 | 419,223 | ||||||||||
| AssuredPartners, Inc.(1) | 5.63 | 01/15/29 | 235,000 | 214,493 | ||||||||||
| AssuredPartners, Inc.(1) | 7.50 | 02/15/32 | 215,000 | 208,928 | ||||||||||
| BroadStreet Partners, Inc.(1) | 5.88 | 04/15/29 | 305,000 | 278,241 | ||||||||||
| GTCR AP Finance, Inc.(1) | 8.00 | 05/15/27 | 205,000 | 205,251 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 8.13 | 02/15/32 | 215,000 | 211,774 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 236,000 | 217,414 | ||||||||||
| HUB International Ltd.(1) | 7.38 | 01/31/32 | 815,000 | 808,002 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 10.50 | 12/15/30 | 125,000 | 132,432 | ||||||||||
| USI, Inc./NY(1) | 7.50 | 01/15/32 | 260,000 | 258,942 | ||||||||||
| 4,455,833 | ||||||||||||||
| INTERNET – 1.1% | ||||||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 212,000 | 172,625 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 175,000 | 141,379 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 210,000 | 157,653 | ||||||||||
| Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc.(1) | 10.75 | 06/01/28 | 85,000 | 87,548 | ||||||||||
| 559,205 | ||||||||||||||
| IRON/STEEL – 0.5% | ||||||||||||||
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP(1) | 8.75 | 07/15/26 | 275,000 | 253,098 | ||||||||||
| LEISURE TIME – 0.4% | ||||||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 220,000 | 206,626 | ||||||||||
| LODGING – 0.3% | ||||||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 170,000 | 162,380 | ||||||||||
| MACHINERY-DIVERSIFIED – 1.3% | ||||||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 11.50 | 09/01/28 | 210,000 | 222,672 | ||||||||||
| OT Merger Corp.(1) | 7.88 | 10/15/29 | 129,000 | 84,392 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 210,000 | 215,196 | ||||||||||
| TK Elevator Holdco GmbH(1) | 7.63 | 07/15/28 | 170,000 | 166,787 | ||||||||||
| 689,047 | ||||||||||||||
| MEDIA – 7.7% | ||||||||||||||
| Beasley Mezzanine Holdings LLC(1) | 8.63 | 02/01/26 | 120,000 | 72,839 | ||||||||||
| CSC Holdings LLC(1) | 4.63 | 12/01/30 | 885,000 | 384,903 | ||||||||||
| CSC Holdings LLC(1) | 5.00 | 11/15/31 | 155,000 | 66,134 | ||||||||||
| CSC Holdings LLC(1) | 5.75 | 01/15/30 | 885,000 | 388,856 | ||||||||||
| CSC Holdings LLC(1) | 7.50 | 04/01/28 | 330,000 | 178,827 | ||||||||||
| Cumulus Media New Holdings, Inc.(1) | 6.75 | 07/01/26 | 160,000 | 95,326 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 165,000 | 66,421 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 290,000 | 228,595 | ||||||||||
The accompanying notes are an integral part of these financial statements.
96
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 7.7% (Continued) | ||||||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | $ | 260,000 | $ | 176,061 | ||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 60,000 | 26,928 | ||||||||||
| DISH DBS Corp. | 7.75 | 07/01/26 | 230,000 | 144,546 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 375,000 | 378,336 | ||||||||||
| iHeartCommunications, Inc.(1) | 4.75 | 01/15/28 | 215,000 | 153,717 | ||||||||||
| iHeartCommunications, Inc.(1) | 5.25 | 08/15/27 | 320,000 | 235,061 | ||||||||||
| iHeartCommunications, Inc. | 6.38 | 05/01/26 | 335,000 | 283,414 | ||||||||||
| iHeartCommunications, Inc. | 8.38 | 05/01/27 | 405,000 | 217,694 | ||||||||||
| Liberty Interactive LLC | 8.25 | 02/01/30 | 215,000 | 119,310 | ||||||||||
| Liberty Interactive LLC | 8.50 | 07/15/29 | 120,000 | 67,618 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 275,000 | 252,843 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 4.50 | 09/15/26 | 385,000 | 294,385 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.13 | 02/15/27 | 115,000 | 103,624 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 205,000 | 142,293 | ||||||||||
| 4,077,731 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.3% | ||||||||||||||
| Park-Ohio Industries, Inc. | 6.63 | 04/15/27 | 150,000 | 142,671 | ||||||||||
| MINING – 0.6% | ||||||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 125,000 | 117,044 | ||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 190,000 | 175,851 | ||||||||||
| 292,895 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 1.0% | ||||||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 320,000 | 318,093 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 227,000 | 225,238 | ||||||||||
| 543,331 | ||||||||||||||
| OIL & GAS – 3.7% | ||||||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 11.00 | 04/15/25 | 202,000 | 202,322 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 130,000 | 124,469 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 9.75 | 07/15/28 | 150,000 | 143,949 | ||||||||||
| Global Marine, Inc. | 7.00 | 06/01/28 | 110,000 | 101,432 | ||||||||||
| Nabors Industries Ltd.(1) | 7.25 | 01/15/26 | 265,000 | 262,702 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 165,000 | 156,603 | ||||||||||
| Transocean, Inc. | 6.80 | 03/15/38 | 270,000 | 218,757 | ||||||||||
| Transocean, Inc. | 7.50 | 04/15/31 | 165,000 | 149,073 | ||||||||||
| Transocean, Inc.(1) | 8.00 | 02/01/27 | 190,000 | 190,622 | ||||||||||
| Transocean, Inc.(1) | 8.25 | 05/15/29 | 425,000 | 422,821 | ||||||||||
| 1,972,750 | ||||||||||||||
| OIL & GAS SERVICES – 0.2% | ||||||||||||||
| Nine Energy Service, Inc. | 13.00 | 02/01/28 | 125,000 | 99,189 | ||||||||||
| PACKAGING & CONTAINERS – 5.3% | ||||||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 345,000 | 176,309 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 5.25 | 08/15/27 | 430,000 | 219,747 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 475,000 | 459,513 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 212,000 | 191,720 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 165,000 | 146,420 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 320,000 | 314,641 | ||||||||||
The accompanying notes are an integral part of these financial statements.
97
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PACKAGING & CONTAINERS – 5.3% (Continued) | ||||||||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | $ | 195,000 | $ | 165,397 | ||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 575,000 | 564,130 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 12.75 | 12/31/28 | 260,000 | 281,688 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.50 | 08/15/27 | 295,000 | 292,443 | ||||||||||
| 2,812,008 | ||||||||||||||
| PHARMACEUTICALS – 1.0% | ||||||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 145,000 | 94,250 | ||||||||||
| Grifols SA(1) | 4.75 | 10/15/28 | 295,000 | 238,594 | ||||||||||
| P&L Development LLC/PLD Finance Corp.(1) | 7.75 | 11/15/25 | 200,000 | 169,581 | ||||||||||
| 502,425 | ||||||||||||||
| PIPELINES – 0.2% | ||||||||||||||
| TransMontaigne Partners LP/TLP Finance Corp. | 6.13 | 02/15/26 | 135,000 | 129,343 | ||||||||||
| REAL ESTATE – 0.6% | ||||||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 195,000 | 131,061 | ||||||||||
| Realogy Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 245,000 | 171,245 | ||||||||||
| 302,306 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 2.8% | ||||||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 215,000 | 155,555 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 215,000 | 169,433 | ||||||||||
| Diversified Healthcare Trust | 9.75 | 06/15/25 | 215,000 | 215,609 | ||||||||||
| Office Properties Income Trust | 2.40 | 02/01/27 | 150,000 | 73,089 | ||||||||||
| Office Properties Income Trust | 2.65 | 06/15/26 | 135,000 | 77,035 | ||||||||||
| Office Properties Income Trust | 3.45 | 10/15/31 | 170,000 | 70,695 | ||||||||||
| Office Properties Income Trust(1) | 9.00 | 03/31/29 | 125,000 | 113,573 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 300,000 | 233,624 | ||||||||||
| Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 475,000 | 382,333 | ||||||||||
| 1,490,946 | ||||||||||||||
| RETAIL – 7.1% | ||||||||||||||
| 99 Cents Only Stores LLC(1),(3) | 7.50 | 01/15/26 | 120,000 | 38,400 | ||||||||||
| At Home Group, Inc.(1) | 4.88 | 07/15/28 | 125,000 | 60,313 | ||||||||||
| Carrols Restaurant Group, Inc.(1) | 5.88 | 07/01/29 | 130,000 | 132,343 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 535,000 | 465,832 | ||||||||||
| Foundation Building Materials, Inc.(1) | 6.00 | 03/01/29 | 170,000 | 149,974 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 170,000 | 129,334 | ||||||||||
| Guitar Center, Inc.(1) | 8.50 | 01/15/26 | 235,000 | 208,389 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 305,000 | 280,269 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 490,000 | 359,431 | ||||||||||
| NMG Holding Co., Inc./Neiman Marcus Group LLC(1) | 7.13 | 04/01/26 | 490,000 | 488,188 | ||||||||||
| Park River Holdings, Inc.(1) | 5.63 | 02/01/29 | 150,000 | 123,619 | ||||||||||
| Park River Holdings, Inc.(1) | 6.75 | 08/01/29 | 125,000 | 107,570 | ||||||||||
| SRS Distribution, Inc.(1) | 6.00 | 12/01/29 | 365,000 | 370,333 | ||||||||||
| SRS Distribution, Inc.(1) | 6.13 | 07/01/29 | 195,000 | 198,076 | ||||||||||
| Staples, Inc.(1) | 10.75 | 04/15/27 | 405,000 | 373,087 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 270,000 | 261,171 | ||||||||||
| 3,746,329 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
98
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SOFTWARE – 6.1% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | $ | 1,005,000 | $ | 905,683 | ||||||||
| Boxer Parent Co., Inc.(1) | 9.13 | 03/01/26 | 174,000 | 175,202 | ||||||||||
| Castle US Holding Corp.(1) | 9.50 | 02/15/28 | 125,000 | 60,229 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 1,120,000 | 1,078,549 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 240,000 | 200,135 | ||||||||||
| Veritas US, Inc./Veritas Bermuda Ltd.(1) | 7.50 | 09/01/25 | 750,000 | 682,982 | ||||||||||
| West Technology Group LLC(1) | 8.50 | 04/10/27 | 170,000 | 145,775 | ||||||||||
| 3,248,555 | ||||||||||||||
| TELECOMMUNICATIONS – 10.3% | ||||||||||||||
| Altice France SA(1) | 5.13 | 01/15/29 | 100,000 | 65,435 | ||||||||||
| Altice France SA(1) | 5.13 | 07/15/29 | 500,000 | 326,408 | ||||||||||
| Altice France SA(1) | 5.50 | 01/15/28 | 200,000 | 135,318 | ||||||||||
| Altice France SA(1) | 5.50 | 10/15/29 | 375,000 | 245,914 | ||||||||||
| Altice France SA(1) | 8.13 | 02/01/27 | 325,000 | 244,987 | ||||||||||
| CommScope, Inc.(1) | 4.75 | 09/01/29 | 535,000 | 374,500 | ||||||||||
| CommScope, Inc.(1) | 6.00 | 03/01/26 | 640,000 | 572,800 | ||||||||||
| Embarq Corp. | 8.00 | 06/01/36 | 512,000 | 209,920 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 320,000 | 267,709 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 430,000 | 359,112 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 430,000 | 378,767 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 173,349 | 116,371 | ||||||||||
| Hughes Satellite Systems Corp. | 5.25 | 08/01/26 | 315,000 | 261,137 | ||||||||||
| Hughes Satellite Systems Corp. | 6.63 | 08/01/26 | 330,000 | 189,679 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 320,000 | 110,416 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 385,000 | 133,306 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 10/15/30 | 200,000 | 110,945 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.00 | 04/15/31 | 200,000 | 110,500 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.25 | 07/01/28 | 225,000 | 87,818 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.50 | 04/01/30 | 300,000 | 173,062 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.63 | 09/15/27 | 375,000 | 217,766 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.88 | 06/15/29 | 250,000 | 158,187 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 175,000 | 52,879 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 160,000 | 47,819 | ||||||||||
| Lumen Technologies, Inc. | 7.65 | 03/15/42 | 125,000 | 37,569 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 4.88 | 06/01/27 | 175,000 | 79,767 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 5.63 | 12/06/26 | 215,000 | 104,675 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 6.13 | 03/01/28 | 455,000 | 303,686 | ||||||||||
| 5,476,452 | ||||||||||||||
| TEXTILES – 0.3% | ||||||||||||||
| Eagle Intermediate Global Holding BV/Eagle US Finance LLC(1) | 7.50 | 05/01/25 | 260,000 | 165,324 | ||||||||||
| TRANSPORTATION – 0.7% | ||||||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 125,000 | 111,251 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 6.50 | 06/15/27 | 255,000 | 252,062 | ||||||||||
| 363,313 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $52,010,584) | 51,541,423 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
99
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 5.4% | ||||||||||||||
| TIME DEPOSITS – 5.4% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | $ | 2,888,945 | $ | 2,888,945 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $2,888,945) | 2,888,945 | |||||||||||||
| TOTAL INVESTMENTS – 102.7% (Cost - $54,949,006) | $ | 54,430,569 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (2.7)% | (1,412,178 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 53,018,391 | ||||||||||||
| * | 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 April 30, 2024, amounts to $47,240,497 and represents 89.1% 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 April 30, 2024. |
| (3) | 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.
100
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.7% | ||||||||||||||
| ADVERTISING – 0.2% | ||||||||||||||
| Omnicom Group, Inc./Omnicom Capital, Inc. | 3.60 | 04/15/26 | $ | 5,000 | $ | 4,831 | ||||||||
| AEROSPACE/DEFENSE – 3.3% | ||||||||||||||
| Boeing Co. | 2.20 | 02/04/26 | 10,000 | 9,331 | ||||||||||
| Boeing Co. | 3.20 | 03/01/29 | 5,000 | 4,374 | ||||||||||
| Boeing Co. | 4.88 | 05/01/25 | 10,000 | 9,877 | ||||||||||
| Boeing Co. | 5.04 | 05/01/27 | 15,000 | 14,553 | ||||||||||
| Howmet Aerospace, Inc. | 6.88 | 05/01/25 | 5,000 | 5,046 | ||||||||||
| L3Harris Technologies, Inc. | 4.40 | 06/15/28 | 5,000 | 4,796 | ||||||||||
| L3Harris Technologies, Inc. | 5.40 | 01/15/27 | 5,000 | 4,992 | ||||||||||
| Northrop Grumman Corp. | 3.25 | 01/15/28 | 5,000 | 4,658 | ||||||||||
| RTX Corp. | 4.13 | 11/16/28 | 10,000 | 9,513 | ||||||||||
| RTX Corp. | 5.00 | 02/27/26 | 10,000 | 9,932 | ||||||||||
| RTX Corp. | 5.75 | 01/15/29 | 5,000 | 5,081 | ||||||||||
| 82,153 | ||||||||||||||
| AGRICULTURE – 1.5% | ||||||||||||||
| Altria Group, Inc. | 4.80 | 02/14/29 | 5,000 | 4,855 | ||||||||||
| Altria Group, Inc. | 6.20 | 11/01/28 | 5,000 | 5,126 | ||||||||||
| BAT Capital Corp. | 2.26 | 03/25/28 | 5,000 | 4,397 | ||||||||||
| BAT Capital Corp. | 3.56 | 08/15/27 | 10,000 | 9,387 | ||||||||||
| BAT International Finance PLC | 1.67 | 03/25/26 | 10,000 | 9,288 | ||||||||||
| Bunge Ltd. Finance Corp. | 3.25 | 08/15/26 | 5,000 | 4,749 | ||||||||||
| 37,802 | ||||||||||||||
| AIRLINES – 0.3% | ||||||||||||||
| Southwest Airlines Co. | 5.13 | 06/15/27 | 8,000 | 7,891 | ||||||||||
| APPAREL – 0.2% | ||||||||||||||
| Tapestry, Inc. | 7.35 | 11/27/28 | 5,000 | 5,159 | ||||||||||
| AUTO MANUFACTURERS – 5.0% | ||||||||||||||
| Ford Motor Co. | 4.35 | 12/08/26 | 15,000 | 14,483 | ||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | 5,000 | 4,644 | ||||||||||
| Ford Motor Credit Co. LLC | 3.38 | 11/13/25 | 15,000 | 14,407 | ||||||||||
| Ford Motor Credit Co. LLC | 3.82 | 11/02/27 | 5,000 | 4,634 | ||||||||||
| Ford Motor Credit Co. LLC | 5.80 | 03/08/29 | 5,000 | 4,915 | ||||||||||
| Ford Motor Credit Co. LLC | 6.80 | 11/07/28 | 10,000 | 10,229 | ||||||||||
| Ford Motor Credit Co. LLC | 6.95 | 03/06/26 | 10,000 | 10,139 | ||||||||||
| General Motors Co. | 6.13 | 10/01/25 | 10,000 | 10,037 | ||||||||||
| General Motors Financial Co., Inc. | 4.35 | 01/17/27 | 5,000 | 4,840 | ||||||||||
| General Motors Financial Co., Inc. | 5.00 | 04/09/27 | 10,000 | 9,830 | ||||||||||
| General Motors Financial Co., Inc. | 5.40 | 04/06/26 | 10,000 | 9,944 | ||||||||||
| General Motors Financial Co., Inc. | 5.80 | 06/23/28 | 10,000 | 10,019 | ||||||||||
| General Motors Financial Co., Inc. | 5.80 | 01/07/29 | 10,000 | 9,977 | ||||||||||
| General Motors Financial Co., Inc. | 6.00 | 01/09/28 | 5,000 | 5,045 | ||||||||||
| 123,143 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.2% | ||||||||||||||
| BorgWarner, Inc. | 2.65 | 07/01/27 | 5,000 | 4,580 | ||||||||||
The accompanying notes are an integral part of these financial statements.
101
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| BANKS – 11.0% | ||||||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 5.86 | 09/14/26 | $ | 5,000 | $ | 4,987 | ||||||||
| Bank of Montreal | 3.80 | 12/15/32 | 5,000 | 4,632 | ||||||||||
| Bank of Nova Scotia | 4.50 | 12/16/25 | 5,000 | 4,892 | ||||||||||
| Barclays PLC | 2.85 | 05/07/26 | 15,000 | 14,534 | ||||||||||
| Barclays PLC | 4.97 | 05/16/29 | 15,000 | 14,475 | ||||||||||
| Barclays PLC | 5.50 | 08/09/28 | 10,000 | 9,859 | ||||||||||
| Barclays PLC | 5.69 | 03/12/30 | 5,000 | 4,940 | ||||||||||
| Barclays PLC | 5.83 | 05/09/27 | 20,000 | 19,934 | ||||||||||
| Citigroup, Inc. | 4.13 | 07/25/28 | 5,000 | 4,710 | ||||||||||
| Citigroup, Inc. | 4.40 | 06/10/25 | 10,000 | 9,852 | ||||||||||
| Citigroup, Inc. | 4.45 | 09/29/27 | 10,000 | 9,628 | ||||||||||
| Citigroup, Inc. | 4.60 | 03/09/26 | 5,000 | 4,897 | ||||||||||
| Citizens Financial Group, Inc. | 5.84 | 01/23/30 | 5,000 | 4,900 | ||||||||||
| Comerica, Inc. | 5.98 | 01/30/30 | 5,000 | 4,861 | ||||||||||
| Cooperatieve Rabobank UA | 3.75 | 07/21/26 | 5,000 | 4,775 | ||||||||||
| Cooperatieve Rabobank UA | 4.38 | 08/04/25 | 5,000 | 4,899 | ||||||||||
| Deutsche Bank AG/New York, NY | 2.13 | 11/24/26 | 15,000 | 14,119 | ||||||||||
| Deutsche Bank AG/New York, NY | 2.31 | 11/16/27 | 10,000 | 9,101 | ||||||||||
| Deutsche Bank AG/New York, NY | 6.82 | 11/20/29 | 10,000 | 10,276 | ||||||||||
| Discover Bank | 3.45 | 07/27/26 | 5,000 | 4,726 | ||||||||||
| Discover Bank | 4.65 | 09/13/28 | 5,000 | 4,742 | ||||||||||
| Fifth Third Bancorp | 6.36 | 10/27/28 | 5,000 | 5,045 | ||||||||||
| Fifth Third Bank, N.A. | 3.85 | 03/15/26 | 5,000 | 4,804 | ||||||||||
| Goldman Sachs Group, Inc. | 4.25 | 10/21/25 | 5,000 | 4,896 | ||||||||||
| HSBC Holdings PLC | 4.38 | 11/23/26 | 5,000 | 4,839 | ||||||||||
| Huntington Bancshares, Inc./OH | 6.21 | 08/21/29 | 5,000 | 5,024 | ||||||||||
| KeyBank N.A./Cleveland, OH | 3.40 | 05/20/26 | 5,000 | 4,697 | ||||||||||
| KeyBank N.A./Cleveland, OH | 4.15 | 08/08/25 | 5,000 | 4,859 | ||||||||||
| KeyBank N.A./Cleveland, OH | 5.85 | 11/15/27 | 5,000 | 4,910 | ||||||||||
| Lloyds Banking Group PLC | 4.65 | 03/24/26 | 5,000 | 4,883 | ||||||||||
| M&T Bank Corp. | 7.41 | 10/30/29 | 5,000 | 5,188 | ||||||||||
| Morgan Stanley | 3.95 | 04/23/27 | 5,000 | 4,790 | ||||||||||
| Morgan Stanley | 4.35 | 09/08/26 | 5,000 | 4,862 | ||||||||||
| Morgan Stanley | 5.00 | 11/24/25 | 5,000 | 4,949 | ||||||||||
| Regions Financial Corp. | 2.25 | 05/18/25 | 5,000 | 4,818 | ||||||||||
| Santander Holdings USA, Inc. | 3.24 | 10/05/26 | 5,000 | 4,690 | ||||||||||
| Santander Holdings USA, Inc. | 4.50 | 07/17/25 | 5,000 | 4,906 | ||||||||||
| Santander Holdings USA, Inc. | 6.57 | 06/12/29 | 10,000 | 10,150 | ||||||||||
| Santander UK Group Holdings PLC | 2.47 | 01/11/28 | 5,000 | 4,555 | ||||||||||
| Santander UK Group Holdings PLC | 6.53 | 01/10/29 | 5,000 | 5,096 | ||||||||||
| Santander UK Group Holdings PLC | 6.83 | 11/21/26 | 5,000 | 5,055 | ||||||||||
| 272,755 | ||||||||||||||
| BEVERAGES – 0.8% | ||||||||||||||
| Constellation Brands, Inc. | 3.60 | 02/15/28 | 5,000 | 4,683 | ||||||||||
| Constellation Brands, Inc. | 5.00 | 02/02/26 | 5,000 | 4,949 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.60 | 05/25/28 | 5,000 | 4,855 | ||||||||||
| Molson Coors Beverage Co. | 3.00 | 07/15/26 | 5,000 | 4,745 | ||||||||||
| 19,232 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
102
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| BIOTECHNOLOGY – 2.1% | ||||||||||||||
| Amgen, Inc. | 1.65 | 08/15/28 | $ | 5,000 | $ | 4,300 | ||||||||
| Amgen, Inc. | 2.20 | 02/21/27 | 5,000 | 4,588 | ||||||||||
| Amgen, Inc. | 3.13 | 05/01/25 | 5,000 | 4,876 | ||||||||||
| Amgen, Inc. | 5.15 | 03/02/28 | 10,000 | 9,914 | ||||||||||
| Amgen, Inc. | 5.51 | 03/02/26 | 5,000 | 4,989 | ||||||||||
| Biogen, Inc. | 4.05 | 09/15/25 | 5,000 | 4,888 | ||||||||||
| Gilead Sciences, Inc. | 1.20 | 10/01/27 | 5,000 | 4,380 | ||||||||||
| Gilead Sciences, Inc. | 3.65 | 03/01/26 | 10,000 | 9,692 | ||||||||||
| Royalty Pharma PLC | 1.75 | 09/02/27 | 5,000 | 4,422 | ||||||||||
| 52,049 | ||||||||||||||
| BUILDING MATERIALS – 0.4% | ||||||||||||||
| Carrier Global Corp. | 2.49 | 02/15/27 | 5,000 | 4,608 | ||||||||||
| Masco Corp. | 1.50 | 02/15/28 | 5,000 | 4,309 | ||||||||||
| 8,917 | ||||||||||||||
| CHEMICALS – 1.9% | ||||||||||||||
| Celanese US Holdings LLC | 6.17 | 07/15/27 | 10,000 | 10,068 | ||||||||||
| DuPont de Nemours, Inc. | 4.49 | 11/15/25 | 5,000 | 4,917 | ||||||||||
| DuPont de Nemours, Inc. | 4.73 | 11/15/28 | 5,000 | 4,905 | ||||||||||
| Eastman Chemical Co. | 4.50 | 12/01/28 | 5,000 | 4,792 | ||||||||||
| FMC Corp. | 3.20 | 10/01/26 | 5,000 | 4,709 | ||||||||||
| Mosaic Co. | 4.05 | 11/15/27 | 5,000 | 4,776 | ||||||||||
| Nutrien Ltd. | 4.90 | 03/27/28 | 5,000 | 4,900 | ||||||||||
| PPG Industries, Inc. | 3.75 | 03/15/28 | 5,000 | 4,736 | ||||||||||
| Sherwin-Williams Co. | 3.45 | 06/01/27 | 5,000 | 4,725 | ||||||||||
| 48,528 | ||||||||||||||
| COMMERCIAL SERVICES – 0.8% | ||||||||||||||
| Equifax, Inc. | 5.10 | 06/01/28 | 5,000 | 4,914 | ||||||||||
| Global Payments, Inc. | 1.20 | 03/01/26 | 5,000 | 4,617 | ||||||||||
| Global Payments, Inc. | 2.15 | 01/15/27 | 5,000 | 4,578 | ||||||||||
| Verisk Analytics, Inc. | 4.13 | 03/15/29 | 5,000 | 4,715 | ||||||||||
| 18,824 | ||||||||||||||
| COMPUTERS – 1.7% | ||||||||||||||
| Dell International LLC/EMC Corp. | 5.25 | 02/01/28 | 8,000 | 7,966 | ||||||||||
| Dell International LLC/EMC Corp. | 6.02 | 06/15/26 | 6,000 | 6,037 | ||||||||||
| DXC Technology Co. | 1.80 | 09/15/26 | 5,000 | 4,531 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.90 | 10/15/25 | 10,000 | 9,881 | ||||||||||
| HP, Inc. | 2.20 | 06/17/25 | 5,000 | 4,806 | ||||||||||
| HP, Inc. | 3.00 | 06/17/27 | 5,000 | 4,653 | ||||||||||
| NetApp, Inc. | 1.88 | 06/22/25 | 5,000 | 4,785 | ||||||||||
| 42,659 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.3% | ||||||||||||||
| Haleon US Capital LLC | 3.38 | 03/24/27 | 8,000 | 7,560 | ||||||||||
The accompanying notes are an integral part of these financial statements.
103
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.6% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 2.45 | 10/29/26 | $ | 10,000 | $ | 9,244 | ||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.00 | 10/29/28 | 15,000 | 13,384 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.45 | 10/01/25 | 15,000 | 14,725 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.45 | 04/15/27 | 5,000 | 5,101 | ||||||||||
| Air Lease Corp. | 1.88 | 08/15/26 | 5,000 | 4,585 | ||||||||||
| Air Lease Corp. | 3.38 | 07/01/25 | 10,000 | 9,724 | ||||||||||
| Air Lease Corp. | 5.85 | 12/15/27 | 10,000 | 10,034 | ||||||||||
| Ally Financial, Inc. | 5.80 | 05/01/25 | 5,000 | 4,996 | ||||||||||
| Ally Financial, Inc. | 6.99 | 06/13/29 | 10,000 | 10,219 | ||||||||||
| Capital One Financial Corp. | 3.27 | 03/01/30 | 10,000 | 8,838 | ||||||||||
| Capital One Financial Corp. | 3.75 | 07/28/26 | 10,000 | 9,570 | ||||||||||
| Capital One Financial Corp. | 3.80 | 01/31/28 | 5,000 | 4,688 | ||||||||||
| Capital One Financial Corp. | 4.93 | 05/10/28 | 10,000 | 9,767 | ||||||||||
| Capital One Financial Corp. | 6.31 | 06/08/29 | 5,000 | 5,046 | ||||||||||
| Jefferies Financial Group, Inc. | 5.88 | 07/21/28 | 5,000 | 4,982 | ||||||||||
| Nasdaq, Inc. | 5.35 | 06/28/28 | 5,000 | 4,980 | ||||||||||
| Nomura Holdings, Inc. | 1.85 | 07/16/25 | 10,000 | 9,518 | ||||||||||
| Nomura Holdings, Inc. | 2.33 | 01/22/27 | 10,000 | 9,142 | ||||||||||
| Nomura Holdings, Inc. | 6.07 | 07/12/28 | 5,000 | 5,057 | ||||||||||
| Synchrony Financial | 4.50 | 07/23/25 | 5,000 | 4,887 | ||||||||||
| Synchrony Financial | 5.15 | 03/19/29 | 5,000 | 4,743 | ||||||||||
| 163,230 | ||||||||||||||
| ELECTRIC – 8.3% | ||||||||||||||
| AES Corp. | 5.45 | 06/01/28 | 5,000 | 4,926 | ||||||||||
| Ameren Corp. | 5.70 | 12/01/26 | 5,000 | 5,014 | ||||||||||
| American Electric Power Co., Inc. | 5.20 | 01/15/29 | 5,000 | 4,921 | ||||||||||
| American Electric Power Co., Inc. | 5.75 | 11/01/27 | 5,000 | 5,051 | ||||||||||
| Constellation Energy Generation LLC | 3.25 | 06/01/25 | 5,000 | 4,872 | ||||||||||
| Dominion Energy, Inc. | 3.90 | 10/01/25 | 5,000 | 4,878 | ||||||||||
| DTE Energy Co. | 4.88 | 06/01/28 | 5,000 | 4,868 | ||||||||||
| DTE Energy Co. | 5.10 | 03/01/29 | 5,000 | 4,885 | ||||||||||
| Duke Energy Corp. | 2.65 | 09/01/26 | 5,000 | 4,687 | ||||||||||
| Duke Energy Corp. | 3.15 | 08/15/27 | 5,000 | 4,655 | ||||||||||
| Duke Energy Corp. | 4.30 | 03/15/28 | 5,000 | 4,803 | ||||||||||
| Duke Energy Corp. | 5.00 | 12/08/25 | 5,000 | 4,960 | ||||||||||
| Edison International | 5.75 | 06/15/27 | 5,000 | 5,005 | ||||||||||
| Enel Chile SA | 4.88 | 06/12/28 | 5,000 | 4,774 | ||||||||||
| Entergy Corp. | 2.95 | 09/01/26 | 5,000 | 4,715 | ||||||||||
| Eversource Energy | 5.45 | 03/01/28 | 5,000 | 4,962 | ||||||||||
| Eversource Energy | 5.95 | 02/01/29 | 5,000 | 5,059 | ||||||||||
| Exelon Corp. | 3.40 | 04/15/26 | 5,000 | 4,808 | ||||||||||
| Exelon Corp. | 5.15 | 03/15/28 | 5,000 | 4,935 | ||||||||||
| FirstEnergy Corp. | 4.15 | 07/15/27 | 5,000 | 4,713 | ||||||||||
| Fortis, Inc./Canada | 3.06 | 10/04/26 | 5,000 | 4,710 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 1.90 | 06/15/28 | 10,000 | 8,697 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.55 | 05/01/27 | 10,000 | 9,455 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.75 | 09/01/25 | 15,000 | 15,015 | ||||||||||
| Pacific Gas & Electric Co. | 3.15 | 01/01/26 | 10,000 | 9,566 | ||||||||||
The accompanying notes are an integral part of these financial statements.
104
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 8.3% (Continued) | ||||||||||||||
| Pacific Gas & Electric Co. | 3.30 | 12/01/27 | $ | 5,000 | $ | 4,596 | ||||||||
| Pacific Gas & Electric Co. | 3.75 | 07/01/28 | 5,000 | 4,614 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.85 | 11/15/27 | 5,000 | 5,058 | ||||||||||
| Sempra | 3.40 | 02/01/28 | 5,000 | 4,640 | ||||||||||
| Sempra | 5.40 | 08/01/26 | 5,000 | 4,973 | ||||||||||
| Southern Co. | 3.25 | 07/01/26 | 5,000 | 4,769 | ||||||||||
| Southern Co. | 3.75 | 09/15/51 | 5,000 | 4,592 | ||||||||||
| Southern Co. | 4.00 | 01/15/51 | 5,000 | 4,780 | ||||||||||
| Southern Co. | 5.11 | 08/01/27 | 5,000 | 4,935 | ||||||||||
| Southern Co. | 5.15 | 10/06/25 | 5,000 | 4,967 | ||||||||||
| Southwestern Electric Power Co. | 4.10 | 09/15/28 | 5,000 | 4,700 | ||||||||||
| WEC Energy Group, Inc. | 4.75 | 01/09/26 | 5,000 | 4,934 | ||||||||||
| Xcel Energy, Inc. | 1.75 | 03/15/27 | 5,000 | 4,496 | ||||||||||
| 206,988 | ||||||||||||||
| ELECTRONICS – 1.0% | ||||||||||||||
| Avnet, Inc. | 4.63 | 04/15/26 | 5,000 | 4,883 | ||||||||||
| Flex Ltd. | 3.75 | 02/01/26 | 5,000 | 4,822 | ||||||||||
| Fortive Corp. | 3.15 | 06/15/26 | 5,000 | 4,768 | ||||||||||
| Jabil, Inc. | 4.25 | 05/15/27 | 5,000 | 4,795 | ||||||||||
| TD SYNNEX Corp. | 1.75 | 08/09/26 | 5,000 | 4,558 | ||||||||||
| 23,826 | ||||||||||||||
| ENTERTAINMENT – 0.7% | ||||||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 15,000 | 14,137 | ||||||||||
| Warnermedia Holdings, Inc. | 4.05 | 03/15/29 | 5,000 | 4,562 | ||||||||||
| 18,699 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.4% | ||||||||||||||
| Republic Services, Inc. | 3.38 | 11/15/27 | 5,000 | 4,699 | ||||||||||
| Veralto Corp.(1) | 5.50 | 09/18/26 | 5,000 | 4,973 | ||||||||||
| 9,672 | ||||||||||||||
| FOOD – 2.9% | ||||||||||||||
| Campbell Soup Co. | 4.15 | 03/15/28 | 5,000 | 4,764 | ||||||||||
| Conagra Brands, Inc. | 4.85 | 11/01/28 | 5,000 | 4,846 | ||||||||||
| Conagra Brands, Inc. | 5.30 | 10/01/26 | 5,000 | 4,967 | ||||||||||
| General Mills, Inc. | 4.20 | 04/17/28 | 10,000 | 9,576 | ||||||||||
| J M Smucker Co. | 5.90 | 11/15/28 | 5,000 | 5,098 | ||||||||||
| Kellanova | 3.25 | 04/01/26 | 5,000 | 4,799 | ||||||||||
| Kraft Heinz Foods Co. | 3.00 | 06/01/26 | 5,000 | 4,773 | ||||||||||
| Kraft Heinz Foods Co. | 3.88 | 05/15/27 | 5,000 | 4,797 | ||||||||||
| Kroger Co. | 2.65 | 10/15/26 | 5,000 | 4,692 | ||||||||||
| McCormick & Co., Inc./MD | 0.90 | 02/15/26 | 5,000 | 4,614 | ||||||||||
| Mondelez International, Inc. | 2.63 | 03/17/27 | 5,000 | 4,644 | ||||||||||
| Sysco Corp. | 3.30 | 07/15/26 | 5,000 | 4,772 | ||||||||||
| Tyson Foods, Inc. | 3.55 | 06/02/27 | 5,000 | 4,721 | ||||||||||
| Tyson Foods, Inc. | 5.40 | 03/15/29 | 5,000 | 4,951 | ||||||||||
| 72,014 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
105
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FOREST PRODUCTS & PAPER – 0.4% | ||||||||||||||
| Suzano Austria GmbH | 6.00 | 01/15/29 | $ | 5,000 | $ | 4,953 | ||||||||
| Suzano International Finance BV | 5.50 | 01/17/27 | 5,000 | 4,957 | ||||||||||
| 9,910 | ||||||||||||||
| GAS – 0.3% | ||||||||||||||
| NiSource, Inc. | 5.25 | 03/30/28 | 8,000 | 7,920 | ||||||||||
| HAND/MACHINE TOOLS – 0.4% | ||||||||||||||
| Regal Rexnord Corp.(1) | 6.05 | 04/15/28 | 5,000 | 4,996 | ||||||||||
| Stanley Black & Decker, Inc. | 4.25 | 11/15/28 | 5,000 | 4,762 | ||||||||||
| 9,758 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.5% | ||||||||||||||
| Baxter International, Inc. | 1.92 | 02/01/27 | 10,000 | 9,066 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.60 | 11/15/25 | 5,000 | 4,994 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.65 | 11/15/27 | 5,000 | 5,027 | ||||||||||
| Revvity, Inc. | 1.90 | 09/15/28 | 5,000 | 4,285 | ||||||||||
| Solventum Corp.(1) | 5.40 | 03/01/29 | 5,000 | 4,908 | ||||||||||
| Stryker Corp. | 3.38 | 11/01/25 | 10,000 | 9,685 | ||||||||||
| 37,965 | ||||||||||||||
| HEALTHCARE-SERVICES – 2.5% | ||||||||||||||
| Centene Corp. | 2.45 | 07/15/28 | 5,000 | 4,367 | ||||||||||
| Centene Corp. | 4.25 | 12/15/27 | 5,000 | 4,717 | ||||||||||
| Elevance Health, Inc. | 3.65 | 12/01/27 | 10,000 | 9,438 | ||||||||||
| Elevance Health, Inc. | 4.90 | 02/08/26 | 5,000 | 4,943 | ||||||||||
| HCA, Inc. | 5.20 | 06/01/28 | 10,000 | 9,836 | ||||||||||
| HCA, Inc. | 5.38 | 09/01/26 | 10,000 | 9,927 | ||||||||||
| HCA, Inc. | 5.63 | 09/01/28 | 5,000 | 4,983 | ||||||||||
| Humana, Inc. | 1.35 | 02/03/27 | 10,000 | 8,932 | ||||||||||
| IQVIA, Inc. | 6.25 | 02/01/29 | 5,000 | 5,085 | ||||||||||
| 62,228 | ||||||||||||||
| HOME BUILDERS – 0.4% | ||||||||||||||
| DR Horton, Inc. | 1.30 | 10/15/26 | 5,000 | 4,516 | ||||||||||
| Lennar Corp. | 4.75 | 11/29/27 | 5,000 | 4,914 | ||||||||||
| 9,430 | ||||||||||||||
| HOME FURNISHINGS – 0.2% | ||||||||||||||
| Whirlpool Corp. | 4.75 | 02/26/29 | 5,000 | 4,817 | ||||||||||
| INSURANCE – 2.1% | ||||||||||||||
| Allstate Corp. | 0.75 | 12/15/25 | 5,000 | 4,628 | ||||||||||
| American International Group, Inc. | 5.75 | 04/01/48 | 5,000 | 4,846 | ||||||||||
| Aon Global Ltd. | 3.88 | 12/15/25 | 5,000 | 4,868 | ||||||||||
| Athene Holding Ltd. | 4.13 | 01/12/28 | 5,000 | 4,757 | ||||||||||
| CNA Financial Corp. | 4.50 | 03/01/26 | 5,000 | 4,896 | ||||||||||
| Corebridge Financial, Inc. | 3.65 | 04/05/27 | 5,000 | 4,738 | ||||||||||
| Corebridge Financial, Inc. | 6.88 | 12/15/52 | 5,000 | 4,946 | ||||||||||
| Equitable Holdings, Inc. | 4.35 | 04/20/28 | 5,000 | 4,766 | ||||||||||
| Manulife Financial Corp. | 4.06 | 02/24/32 | 5,000 | 4,739 | ||||||||||
The accompanying notes are an integral part of these financial statements.
106
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 2.1% (Continued) | ||||||||||||||
| Prudential Financial, Inc. | 5.70 | 09/15/48 | $ | 5,000 | $ | 4,864 | ||||||||
| Willis North America, Inc. | 4.65 | 06/15/27 | 5,000 | 4,862 | ||||||||||
| 52,910 | ||||||||||||||
| INTERNET – 0.9% | ||||||||||||||
| eBay, Inc. | 3.60 | 06/05/27 | 5,000 | 4,742 | ||||||||||
| Expedia Group, Inc. | 3.80 | 02/15/28 | 5,000 | 4,689 | ||||||||||
| Netflix, Inc. | 4.38 | 11/15/26 | 5,000 | 4,881 | ||||||||||
| Netflix, Inc. | 5.88 | 11/15/28 | 8,000 | 8,165 | ||||||||||
| 22,477 | ||||||||||||||
| INVESTMENT COMPANIES – 2.7% | ||||||||||||||
| Ares Capital Corp. | 2.15 | 07/15/26 | 8,000 | 7,348 | ||||||||||
| Ares Capital Corp. | 2.88 | 06/15/28 | 5,000 | 4,397 | ||||||||||
| Ares Capital Corp. | 3.25 | 07/15/25 | 5,000 | 4,824 | ||||||||||
| Ares Capital Corp. | 5.88 | 03/01/29 | 5,000 | 4,904 | ||||||||||
| Blackstone Private Credit Fund | 2.63 | 12/15/26 | 5,000 | 4,540 | ||||||||||
| Blackstone Private Credit Fund(1) | 7.30 | 11/27/28 | 5,000 | 5,138 | ||||||||||
| Blackstone Secured Lending Fund | 2.75 | 09/16/26 | 5,000 | 4,596 | ||||||||||
| Blue Owl Capital Corp. | 2.88 | 06/11/28 | 5,000 | 4,374 | ||||||||||
| Blue Owl Capital Corp. | 3.40 | 07/15/26 | 5,000 | 4,691 | ||||||||||
| Blue Owl Credit Income Corp.(1) | 7.95 | 06/13/28 | 5,000 | 5,125 | ||||||||||
| FS KKR Capital Corp. | 3.13 | 10/12/28 | 5,000 | 4,307 | ||||||||||
| FS KKR Capital Corp. | 3.40 | 01/15/26 | 5,000 | 4,731 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 2.50 | 01/15/27 | 5,000 | 4,580 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.00 | 02/02/29 | 5,000 | 4,355 | ||||||||||
| 67,910 | ||||||||||||||
| IRON/STEEL – 0.2% | ||||||||||||||
| ArcelorMittal SA | 6.55 | 11/29/27 | 5,000 | 5,129 | ||||||||||
| LODGING – 1.1% | ||||||||||||||
| Las Vegas Sands Corp. | 3.50 | 08/18/26 | 5,000 | 4,720 | ||||||||||
| Marriott International, Inc./MD | 4.90 | 04/15/29 | 5,000 | 4,870 | ||||||||||
| Marriott International, Inc./MD | 5.00 | 10/15/27 | 5,000 | 4,931 | ||||||||||
| Sands China Ltd. | 5.13 | 08/08/25 | 5,000 | 4,942 | ||||||||||
| Sands China Ltd. | 5.40 | 08/08/28 | 8,000 | 7,763 | ||||||||||
| 27,226 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 1.0% | ||||||||||||||
| CNH Industrial Capital LLC | 1.45 | 07/15/26 | 5,000 | 4,572 | ||||||||||
| CNH Industrial Capital LLC | 5.50 | 01/12/29 | 5,000 | 4,991 | ||||||||||
| Otis Worldwide Corp. | 5.25 | 08/16/28 | 5,000 | 4,988 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 4.70 | 09/15/28 | 5,000 | 4,815 | ||||||||||
| Xylem, Inc./NY | 3.25 | 11/01/26 | 5,000 | 4,738 | ||||||||||
| 24,104 | ||||||||||||||
| MEDIA – 1.3% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.20 | 03/15/28 | 5,000 | 4,652 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.91 | 07/23/25 | 15,000 | 14,802 | ||||||||||
The accompanying notes are an integral part of these financial statements.
107
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 1.3% (Continued) | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.05 | 03/30/29 | $ | 5,000 | $ | 4,722 | ||||||||
| Fox Corp. | 4.71 | 01/25/29 | 5,000 | 4,838 | ||||||||||
| Paramount Global | 2.90 | 01/15/27 | 5,000 | 4,577 | ||||||||||
| 33,591 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.2% | ||||||||||||||
| Parker-Hannifin Corp. | 4.25 | 09/15/27 | 5,000 | 4,841 | ||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.4% | ||||||||||||||
| CDW LLC/CDW Finance Corp. | 2.67 | 12/01/26 | 5,000 | 4,633 | ||||||||||
| CDW LLC/CDW Finance Corp. | 3.25 | 02/15/29 | 5,000 | 4,443 | ||||||||||
| 9,076 | ||||||||||||||
| OIL & GAS – 2.0% | ||||||||||||||
| Canadian Natural Resources Ltd. | 3.85 | 06/01/27 | 5,000 | 4,760 | ||||||||||
| Continental Resources, Inc. | 4.38 | 01/15/28 | 5,000 | 4,768 | ||||||||||
| EQT Corp. | 3.90 | 10/01/27 | 5,000 | 4,716 | ||||||||||
| Hess Corp. | 4.30 | 04/01/27 | 5,000 | 4,839 | ||||||||||
| Marathon Oil Corp. | 4.40 | 07/15/27 | 5,000 | 4,817 | ||||||||||
| Marathon Petroleum Corp. | 4.70 | 05/01/25 | 5,000 | 4,950 | ||||||||||
| Occidental Petroleum Corp. | 5.55 | 03/15/26 | 5,000 | 4,979 | ||||||||||
| Ovintiv, Inc. | 5.65 | 05/15/28 | 5,000 | 4,999 | ||||||||||
| Phillips 66 Co. | 4.95 | 12/01/27 | 5,000 | 4,932 | ||||||||||
| Pioneer Natural Resources Co. | 5.10 | 03/29/26 | 5,000 | 4,966 | ||||||||||
| 48,726 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.6% | ||||||||||||||
| Amcor Flexibles North America, Inc. | 4.00 | 05/17/25 | 5,000 | 4,901 | ||||||||||
| Berry Global, Inc. | 1.57 | 01/15/26 | 5,000 | 4,657 | ||||||||||
| WRKCo, Inc. | 4.65 | 03/15/26 | 5,000 | 4,907 | ||||||||||
| 14,465 | ||||||||||||||
| PHARMACEUTICALS – 3.9% | ||||||||||||||
| Becton Dickinson & Co. | 3.70 | 06/06/27 | 8,000 | 7,598 | ||||||||||
| Cardinal Health, Inc. | 3.41 | 06/15/27 | 5,000 | 4,701 | ||||||||||
| Cencora, Inc. | 3.45 | 12/15/27 | 5,000 | 4,687 | ||||||||||
| Cigna Group | 3.40 | 03/01/27 | 10,000 | 9,476 | ||||||||||
| Cigna Group | 4.13 | 11/15/25 | 5,000 | 4,899 | ||||||||||
| Cigna Group | 4.38 | 10/15/28 | 10,000 | 9,569 | ||||||||||
| CVS Health Corp. | 1.30 | 08/21/27 | 5,000 | 4,377 | ||||||||||
| CVS Health Corp. | 2.88 | 06/01/26 | 10,000 | 9,473 | ||||||||||
| CVS Health Corp. | 3.88 | 07/20/25 | 5,000 | 4,892 | ||||||||||
| CVS Health Corp. | 4.30 | 03/25/28 | 10,000 | 9,594 | ||||||||||
| CVS Health Corp. | 5.00 | 01/30/29 | 5,000 | 4,913 | ||||||||||
| Mylan, Inc. | 4.55 | 04/15/28 | 5,000 | 4,753 | ||||||||||
| Shire Acquisitions Investments Ireland DAC | 3.20 | 09/23/26 | 5,000 | 4,750 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.00 | 11/26/28 | 5,000 | 4,911 | ||||||||||
| Utah Acquisition Sub, Inc. | 3.95 | 06/15/26 | 5,000 | 4,798 | ||||||||||
| Zoetis, Inc. | 3.00 | 09/12/27 | 5,000 | 4,633 | ||||||||||
| 98,024 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
108
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 6.2% | ||||||||||||||
| Cheniere Energy, Inc. | 4.63 | 10/15/28 | $ | 5,000 | $ | 4,784 | ||||||||
| Columbia Pipeline Group, Inc. | 4.50 | 06/01/25 | 5,000 | 4,918 | ||||||||||
| DCP Midstream Operating LP | 5.38 | 07/15/25 | 3,000 | 2,987 | ||||||||||
| Enbridge, Inc. | 5.25 | 04/05/27 | 5,000 | 4,962 | ||||||||||
| Enbridge, Inc. | 6.00 | 11/15/28 | 5,000 | 5,088 | ||||||||||
| Energy Transfer LP | 4.75 | 01/15/26 | 5,000 | 4,923 | ||||||||||
| Energy Transfer LP | 5.25 | 04/15/29 | 5,000 | 4,924 | ||||||||||
| Energy Transfer LP | 5.50 | 06/01/27 | 5,000 | 4,976 | ||||||||||
| Energy Transfer LP | 5.55 | 02/15/28 | 5,000 | 4,996 | ||||||||||
| Energy Transfer LP | 6.05 | 12/01/26 | 5,000 | 5,059 | ||||||||||
| Energy Transfer LP | 6.10 | 12/01/28 | 5,000 | 5,094 | ||||||||||
| Enterprise Products Operating LLC | 5.25 | 08/16/77 | 5,000 | 4,713 | ||||||||||
| Kinder Morgan, Inc. | 4.30 | 03/01/28 | 8,000 | 7,690 | ||||||||||
| Kinder Morgan, Inc. | 5.00 | 02/01/29 | 5,000 | 4,882 | ||||||||||
| MPLX LP | 4.00 | 03/15/28 | 5,000 | 4,742 | ||||||||||
| MPLX LP | 4.88 | 06/01/25 | 10,000 | 9,907 | ||||||||||
| ONEOK, Inc. | 4.55 | 07/15/28 | 5,000 | 4,811 | ||||||||||
| ONEOK, Inc. | 5.00 | 03/01/26 | 5,000 | 4,950 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.65 | 10/15/25 | 5,000 | 4,918 | ||||||||||
| Sabine Pass Liquefaction LLC | 5.00 | 03/15/27 | 5,000 | 4,928 | ||||||||||
| Sabine Pass Liquefaction LLC | 5.88 | 06/30/26 | 5,000 | 5,009 | ||||||||||
| Spectra Energy Partners LP | 3.38 | 10/15/26 | 5,000 | 4,747 | ||||||||||
| Targa Resources Corp. | 6.15 | 03/01/29 | 5,000 | 5,093 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 6.50 | 07/15/27 | 5,000 | 5,035 | ||||||||||
| TransCanada PipeLines Ltd. | 4.88 | 01/15/26 | 10,000 | 9,874 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 7.85 | 02/01/26 | 5,000 | 5,149 | ||||||||||
| Western Midstream Operating LP | 6.35 | 01/15/29 | 5,000 | 5,108 | ||||||||||
| Williams Cos, Inc. | 3.75 | 06/15/27 | 10,000 | 9,503 | ||||||||||
| 153,770 | ||||||||||||||
| REAL ESTATE – 0.2% | ||||||||||||||
| CBRE Services, Inc. | 4.88 | 03/01/26 | 5,000 | 4,920 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 5.2% | ||||||||||||||
| American Tower Corp. | 3.38 | 10/15/26 | 10,000 | 9,497 | ||||||||||
| American Tower Corp. | 3.65 | 03/15/27 | 5,000 | 4,749 | ||||||||||
| American Tower Corp. | 5.50 | 03/15/28 | 10,000 | 9,956 | ||||||||||
| American Tower Corp. | 5.80 | 11/15/28 | 5,000 | 5,037 | ||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 5,000 | 4,629 | ||||||||||
| Boston Properties LP | 3.65 | 02/01/26 | 5,000 | 4,798 | ||||||||||
| Boston Properties LP | 4.50 | 12/01/28 | 5,000 | 4,665 | ||||||||||
| Brixmor Operating Partnership LP | 4.13 | 06/15/26 | 5,000 | 4,832 | ||||||||||
| Crown Castle, Inc. | 3.65 | 09/01/27 | 5,000 | 4,691 | ||||||||||
| Crown Castle, Inc. | 3.80 | 02/15/28 | 5,000 | 4,669 | ||||||||||
| Crown Castle, Inc. | 4.30 | 02/15/29 | 5,000 | 4,706 | ||||||||||
| Crown Castle, Inc. | 4.45 | 02/15/26 | 5,000 | 4,894 | ||||||||||
| Digital Realty Trust LP | 5.55 | 01/15/28 | 5,000 | 4,982 | ||||||||||
| Equinix, Inc. | 1.00 | 09/15/25 | 5,000 | 4,679 | ||||||||||
| Equinix, Inc. | 1.55 | 03/15/28 | 5,000 | 4,292 | ||||||||||
The accompanying notes are an integral part of these financial statements.
109
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 5.2% (Continued) | ||||||||||||||
| Extra Space Storage LP | 5.70 | 04/01/28 | $ | 5,000 | $ | 5,000 | ||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.38 | 04/15/26 | 5,000 | 4,939 | ||||||||||
| Healthpeak OP LLC | 2.13 | 12/01/28 | 5,000 | 4,331 | ||||||||||
| Invitation Homes Operating Partnership LP | 2.30 | 11/15/28 | 5,000 | 4,331 | ||||||||||
| Omega Healthcare Investors, Inc. | 4.50 | 04/01/27 | 5,000 | 4,797 | ||||||||||
| Ventas Realty LP | 4.00 | 03/01/28 | 5,000 | 4,700 | ||||||||||
| VICI Properties LP | 4.75 | 02/15/28 | 5,000 | 4,807 | ||||||||||
| Welltower OP LLC | 4.25 | 04/01/26 | 10,000 | 9,749 | ||||||||||
| Weyerhaeuser Co. | 4.75 | 05/15/26 | 5,000 | 4,923 | ||||||||||
| 128,653 | ||||||||||||||
| RETAIL – 3.0% | ||||||||||||||
| AutoZone, Inc. | 3.75 | 06/01/27 | 5,000 | 4,771 | ||||||||||
| Dollar General Corp. | 4.63 | 11/01/27 | 5,000 | 4,864 | ||||||||||
| Dollar Tree, Inc. | 4.20 | 05/15/28 | 5,000 | 4,754 | ||||||||||
| Lowe’s Cos, Inc. | 1.70 | 09/15/28 | 10,000 | 8,597 | ||||||||||
| Lowe’s Cos, Inc. | 2.50 | 04/15/26 | 8,000 | 7,578 | ||||||||||
| Lowe’s Cos, Inc. | 3.10 | 05/03/27 | 5,000 | 4,696 | ||||||||||
| Lowe’s Cos, Inc. | 4.40 | 09/08/25 | 5,000 | 4,930 | ||||||||||
| McDonald’s Corp. | 1.45 | 09/01/25 | 10,000 | 9,483 | ||||||||||
| McDonald’s Corp. | 3.80 | 04/01/28 | 10,000 | 9,492 | ||||||||||
| O’Reilly Automotive, Inc. | 5.75 | 11/20/26 | 5,000 | 5,031 | ||||||||||
| Starbucks Corp. | 2.00 | 03/12/27 | 5,000 | 4,566 | ||||||||||
| Starbucks Corp. | 4.75 | 02/15/26 | 5,000 | 4,941 | ||||||||||
| 73,703 | ||||||||||||||
| SEMICONDUCTORS – 1.7% | ||||||||||||||
| Broadcom Corp./Broadcom Cayman Finance Ltd. | 3.88 | 01/15/27 | 10,000 | 9,600 | ||||||||||
| Broadcom, Inc. | 3.15 | 11/15/25 | 5,000 | 4,820 | ||||||||||
| Broadcom, Inc. | 4.11 | 09/15/28 | 5,000 | 4,743 | ||||||||||
| Broadcom, Inc. | 4.75 | 04/15/29 | 5,000 | 4,844 | ||||||||||
| Marvell Technology, Inc. | 2.45 | 04/15/28 | 5,000 | 4,439 | ||||||||||
| Microchip Technology, Inc. | 4.25 | 09/01/25 | 5,000 | 4,908 | ||||||||||
| Micron Technology, Inc. | 4.19 | 02/15/27 | 5,000 | 4,830 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 4.40 | 06/01/27 | 5,000 | 4,845 | ||||||||||
| 43,029 | ||||||||||||||
| SHIPBUILDING – 0.2% | ||||||||||||||
| Huntington Ingalls Industries, Inc. | 2.04 | 08/16/28 | 5,000 | 4,316 | ||||||||||
| SOFTWARE – 3.6% | ||||||||||||||
| Concentrix Corp. | 6.60 | 08/02/28 | 5,000 | 4,989 | ||||||||||
| Fidelity National Information Services, Inc. | 1.15 | 03/01/26 | 5,000 | 4,615 | ||||||||||
| Fiserv, Inc. | 3.20 | 07/01/26 | 5,000 | 4,763 | ||||||||||
| Fiserv, Inc. | 4.20 | 10/01/28 | 5,000 | 4,740 | ||||||||||
| Fiserv, Inc. | 5.45 | 03/02/28 | 5,000 | 4,987 | ||||||||||
| Oracle Corp. | 2.30 | 03/25/28 | 5,000 | 4,451 | ||||||||||
| Oracle Corp. | 2.65 | 07/15/26 | 15,000 | 14,094 | ||||||||||
| Oracle Corp. | 2.95 | 05/15/25 | 15,000 | 14,590 | ||||||||||
| Oracle Corp. | 3.25 | 11/15/27 | 10,000 | 9,298 | ||||||||||
| Roper Technologies, Inc. | 3.80 | 12/15/26 | 5,000 | 4,805 | ||||||||||
The accompanying notes are an integral part of these financial statements.
110
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SOFTWARE – 3.6% (Continued) | ||||||||||||||
| Roper Technologies, Inc. | 4.20 | 09/15/28 | $ | 5,000 | $ | 4,778 | ||||||||
| Take-Two Interactive Software, Inc. | 3.70 | 04/14/27 | 5,000 | 4,758 | ||||||||||
| VMware LLC | 1.40 | 08/15/26 | 5,000 | 4,549 | ||||||||||
| VMware LLC | 3.90 | 08/21/27 | 5,000 | 4,733 | ||||||||||
| 90,150 | ||||||||||||||
| TELECOMMUNICATIONS – 5.9% | ||||||||||||||
| AT&T, Inc. | 1.65 | 02/01/28 | 5,000 | 4,371 | ||||||||||
| AT&T, Inc. | 1.70 | 03/25/26 | 10,000 | 9,319 | ||||||||||
| AT&T, Inc. | 2.30 | 06/01/27 | 10,000 | 9,121 | ||||||||||
| AT&T, Inc. | 4.10 | 02/15/28 | 5,000 | 4,775 | ||||||||||
| AT&T, Inc. | 4.35 | 03/01/29 | 5,000 | 4,776 | ||||||||||
| AT&T, Inc. | 5.54 | 02/20/26 | 5,000 | 4,987 | ||||||||||
| Rogers Communications, Inc. | 3.20 | 03/15/27 | 5,000 | 4,692 | ||||||||||
| Sprint Capital Corp. | 6.88 | 11/15/28 | 5,000 | 5,242 | ||||||||||
| Sprint LLC | 7.63 | 03/01/26 | 5,000 | 5,130 | ||||||||||
| Telefonica Emisiones SA | 4.10 | 03/08/27 | 5,000 | 4,813 | ||||||||||
| T-Mobile USA, Inc. | 2.05 | 02/15/28 | 5,000 | 4,421 | ||||||||||
| T-Mobile USA, Inc. | 2.25 | 02/15/26 | 15,000 | 14,147 | ||||||||||
| T-Mobile USA, Inc. | 3.75 | 04/15/27 | 10,000 | 9,528 | ||||||||||
| T-Mobile USA, Inc. | 4.85 | 01/15/29 | 5,000 | 4,877 | ||||||||||
| T-Mobile USA, Inc. | 4.95 | 03/15/28 | 10,000 | 9,821 | ||||||||||
| Verizon Communications, Inc. | 0.85 | 11/20/25 | 10,000 | 9,306 | ||||||||||
| Verizon Communications, Inc. | 1.45 | 03/20/26 | 10,000 | 9,291 | ||||||||||
| Verizon Communications, Inc. | 2.10 | 03/22/28 | 5,000 | 4,429 | ||||||||||
| Verizon Communications, Inc. | 2.63 | 08/15/26 | 5,000 | 4,702 | ||||||||||
| Verizon Communications, Inc. | 4.13 | 03/16/27 | 5,000 | 4,841 | ||||||||||
| Verizon Communications, Inc. | 4.33 | 09/21/28 | 10,000 | 9,590 | ||||||||||
| Vodafone Group PLC | 4.13 | 05/30/25 | 5,000 | 4,923 | ||||||||||
| 147,102 | ||||||||||||||
| TRANSPORTATION – 0.8% | ||||||||||||||
| Canadian Pacific Railway Co. | 1.75 | 12/02/26 | 5,000 | 4,561 | ||||||||||
| FedEx Corp. | 3.25 | 04/01/26 | 5,000 | 4,816 | ||||||||||
| Norfolk Southern Corp. | 3.80 | 08/01/28 | 5,000 | 4,725 | ||||||||||
| Ryder System, Inc. | 5.65 | 03/01/28 | 5,000 | 5,033 | ||||||||||
| 19,135 | ||||||||||||||
| WATER – 0.2% | ||||||||||||||
| American Water Capital Corp. | 2.95 | 09/01/27 | 5,000 | 4,623 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $2,483,184) | 2,450,420 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
111
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.8% | ||||||||||||||
| TIME DEPOSITS – 0.8% | ||||||||||||||
| City Bank, New York | 4.67 | 05/01/24 | $ | 20,210 | $ | 20,210 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $20,210) | 20,210 | |||||||||||||
| TOTAL INVESTMENTS – 99.5% (Cost - $2,503,394) | $ | 2,470,630 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.5% | 12,531 | |||||||||||||
| NET ASSETS – 100.0% | $ | 2,483,161 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $25,140 and represents 1.0% 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.
112
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.5% | ||||||||||||||
| ADVERTISING – 0.3% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 4.75 | 03/30/30 | $ | 5,000 | $ | 4,781 | ||||||||
| Omnicom Group, Inc. | 2.60 | 08/01/31 | 5,000 | 4,124 | ||||||||||
| Omnicom Group, Inc. | 4.20 | 06/01/30 | 5,000 | 4,661 | ||||||||||
| 13,566 | ||||||||||||||
| AEROSPACE/DEFENSE – 2.4% | ||||||||||||||
| Boeing Co. | 3.63 | 02/01/31 | 10,000 | 8,599 | ||||||||||
| Boeing Co. | 5.15 | 05/01/30 | 30,000 | 28,453 | ||||||||||
| General Electric Co. | 6.75 | 03/15/32 | 10,000 | 10,803 | ||||||||||
| HEICO Corp. | 5.35 | 08/01/33 | 5,000 | 4,917 | ||||||||||
| L3Harris Technologies, Inc. | 1.80 | 01/15/31 | 5,000 | 3,955 | ||||||||||
| L3Harris Technologies, Inc. | 5.25 | 06/01/31 | 5,000 | 4,875 | ||||||||||
| L3Harris Technologies, Inc. | 5.40 | 07/31/33 | 10,000 | 9,747 | ||||||||||
| Northrop Grumman Corp. | 4.70 | 03/15/33 | 10,000 | 9,482 | ||||||||||
| RTX Corp. | 2.38 | 03/15/32 | 10,000 | 8,009 | ||||||||||
| RTX Corp. | 5.15 | 02/27/33 | 10,000 | 9,716 | ||||||||||
| RTX Corp. | 6.00 | 03/15/31 | 10,000 | 10,267 | ||||||||||
| RTX Corp. | 6.10 | 03/15/34 | 10,000 | 10,348 | ||||||||||
| 119,171 | ||||||||||||||
| AGRICULTURE – 1.4% | ||||||||||||||
| Altria Group, Inc. | 2.45 | 02/04/32 | 10,000 | 7,900 | ||||||||||
| Altria Group, Inc. | 3.40 | 05/06/30 | 5,000 | 4,438 | ||||||||||
| Altria Group, Inc. | 6.88 | 11/01/33 | 5,000 | 5,294 | ||||||||||
| BAT Capital Corp. | 2.73 | 03/25/31 | 10,000 | 8,266 | ||||||||||
| BAT Capital Corp. | 4.74 | 03/16/32 | 5,000 | 4,672 | ||||||||||
| BAT Capital Corp. | 4.91 | 04/02/30 | 5,000 | 4,792 | ||||||||||
| BAT Capital Corp. | 6.00 | 02/20/34 | 5,000 | 4,974 | ||||||||||
| BAT Capital Corp. | 6.34 | 08/02/30 | 10,000 | 10,276 | ||||||||||
| BAT Capital Corp. | 6.42 | 08/02/33 | 10,000 | 10,286 | ||||||||||
| Bunge Ltd. Finance Corp. | 2.75 | 05/14/31 | 10,000 | 8,388 | ||||||||||
| 69,286 | ||||||||||||||
| APPAREL – 0.4% | ||||||||||||||
| Tapestry, Inc. | 7.70 | 11/27/30 | 10,000 | 10,363 | ||||||||||
| Tapestry, Inc. | 7.85 | 11/27/33 | 5,000 | 5,235 | ||||||||||
| VF Corp. | 2.95 | 04/23/30 | 5,000 | 3,989 | ||||||||||
| 19,587 | ||||||||||||||
| AUTO MANUFACTURERS – 3.0% | ||||||||||||||
| Ford Motor Co. | 3.25 | 02/12/32 | 10,000 | 8,064 | ||||||||||
| Ford Motor Co. | 6.10 | 08/19/32 | 10,000 | 9,812 | ||||||||||
| Ford Motor Co. | 7.45 | 07/16/31 | 15,000 | 15,906 | ||||||||||
| Ford Motor Credit Co. LLC | 4.00 | 11/13/30 | 5,000 | 4,365 | ||||||||||
| Ford Motor Credit Co. LLC | 6.05 | 03/05/31 | 5,000 | 4,916 | ||||||||||
| Ford Motor Credit Co. LLC | 7.12 | 11/07/33 | 10,000 | 10,421 | ||||||||||
| Ford Motor Credit Co. LLC | 7.20 | 06/10/30 | 10,000 | 10,369 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 03/06/30 | 10,000 | 10,413 | ||||||||||
| General Motors Co. | 5.40 | 10/15/29 | 5,000 | 4,920 | ||||||||||
| General Motors Co. | 5.60 | 10/15/32 | 10,000 | 9,833 | ||||||||||
The accompanying notes are an integral part of these financial statements.
113
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO MANUFACTURERS – 3.0% (Continued) | ||||||||||||||
| General Motors Financial Co., Inc. | 2.70 | 06/10/31 | $ | 10,000 | $ | 8,115 | ||||||||
| General Motors Financial Co., Inc. | 3.10 | 01/12/32 | 10,000 | 8,247 | ||||||||||
| General Motors Financial Co., Inc. | 5.75 | 02/08/31 | 10,000 | 9,885 | ||||||||||
| General Motors Financial Co., Inc. | 5.85 | 04/06/30 | 10,000 | 9,979 | ||||||||||
| General Motors Financial Co., Inc. | 5.95 | 04/04/34 | 10,000 | 9,789 | ||||||||||
| General Motors Financial Co., Inc. | 6.10 | 01/07/34 | 10,000 | 9,938 | ||||||||||
| 144,972 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.1% | ||||||||||||||
| Aptiv PLC/Aptiv Corp. | 3.25 | 03/01/32 | 5,000 | 4,227 | ||||||||||
| BANKS – 8.5% | ||||||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 6.03 | 03/13/35 | 5,000 | 4,904 | ||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 7.88 | 11/15/34 | 5,000 | 5,371 | ||||||||||
| Banco Santander SA | 2.75 | 12/03/30 | 10,000 | 8,135 | ||||||||||
| Banco Santander SA | 3.23 | 11/22/32 | 15,000 | 12,149 | ||||||||||
| Banco Santander SA | 6.92 | 08/08/33 | 10,000 | 10,231 | ||||||||||
| Bank of Montreal | 3.09 | 01/10/37 | 10,000 | 7,956 | ||||||||||
| Bank of Nova Scotia | 4.59 | 05/04/37 | 10,000 | 8,838 | ||||||||||
| Barclays PLC | 2.65 | 06/24/31 | 10,000 | 8,275 | ||||||||||
| Barclays PLC | 2.67 | 03/10/32 | 10,000 | 8,114 | ||||||||||
| Barclays PLC | 2.89 | 11/24/32 | 10,000 | 8,106 | ||||||||||
| Barclays PLC | 3.56 | 09/23/35 | 5,000 | 4,249 | ||||||||||
| Barclays PLC | 5.09 | 06/20/30 | 10,000 | 9,461 | ||||||||||
| Barclays PLC | 5.75 | 08/09/33 | 5,000 | 4,888 | ||||||||||
| Barclays PLC | 6.22 | 05/09/34 | 15,000 | 15,042 | ||||||||||
| Barclays PLC | 7.12 | 06/27/34 | 10,000 | 10,339 | ||||||||||
| Barclays PLC | 7.44 | 11/02/33 | 10,000 | 10,824 | ||||||||||
| Citigroup, Inc. | 5.83 | 02/13/35 | 15,000 | 14,473 | ||||||||||
| Citigroup, Inc. | 6.17 | 05/25/34 | 25,000 | 24,852 | ||||||||||
| Citizens Financial Group, Inc. | 2.64 | 09/30/32 | 5,000 | 3,732 | ||||||||||
| Citizens Financial Group, Inc. | 6.65 | 04/25/35 | 5,000 | 5,021 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.55 | 09/18/31 | 5,000 | 4,301 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.73 | 01/14/32 | 15,000 | 12,379 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.74 | 01/07/33 | 10,000 | 8,054 | ||||||||||
| Deutsche Bank AG/New York, NY | 7.08 | 02/10/34 | 10,000 | 9,975 | ||||||||||
| Fifth Third Bancorp | 4.77 | 07/28/30 | 10,000 | 9,440 | ||||||||||
| Fifth Third Bancorp | 5.63 | 01/29/32 | 5,000 | 4,862 | ||||||||||
| Goldman Sachs Capital I | 6.35 | 02/15/34 | 5,000 | 5,053 | ||||||||||
| HSBC Holdings PLC | 4.76 | 03/29/33 | 10,000 | 9,060 | ||||||||||
| HSBC Holdings PLC | 6.55 | 06/20/34 | 15,000 | 15,199 | ||||||||||
| HSBC Holdings PLC | 7.40 | 11/13/34 | 10,000 | 10,650 | ||||||||||
| HSBC Holdings PLC | 8.11 | 11/03/33 | 10,000 | 11,152 | ||||||||||
| Huntington Bancshares, Inc./OH | 2.55 | 02/04/30 | 15,000 | 12,520 | ||||||||||
| KeyBank NA/Cleveland, OH | 5.00 | 01/26/33 | 10,000 | 8,975 | ||||||||||
| KeyCorp | 4.79 | 06/01/33 | 10,000 | 8,874 | ||||||||||
| KeyCorp | 6.40 | 03/06/35 | 5,000 | 4,920 | ||||||||||
| Lloyds Banking Group PLC | 7.95 | 11/15/33 | 5,000 | 5,503 | ||||||||||
| M&T Bank Corp. | 5.05 | 01/27/34 | 10,000 | 9,014 | ||||||||||
The accompanying notes are an integral part of these financial statements.
114
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| BANKS – 8.5% (Continued) | ||||||||||||||
| Mizuho Financial Group, Inc. | 2.56 | 09/13/31 | $ | 5,000 | $ | 3,978 | ||||||||
| Morgan Stanley | 2.48 | 09/16/36 | 15,000 | 11,589 | ||||||||||
| Morgan Stanley | 5.30 | 04/20/37 | 10,000 | 9,373 | ||||||||||
| Morgan Stanley | 5.94 | 02/07/39 | 10,000 | 9,642 | ||||||||||
| Morgan Stanley | 5.95 | 01/19/38 | 15,000 | 14,616 | ||||||||||
| NatWest Group PLC | 3.03 | 11/28/35 | 10,000 | 8,222 | ||||||||||
| Santander Holdings USA, Inc. | 7.66 | 11/09/31 | 5,000 | 5,350 | ||||||||||
| Santander UK Group Holdings PLC | 2.90 | 03/15/32 | 5,000 | 4,123 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 3.20 | 09/17/29 | 5,000 | 4,448 | ||||||||||
| Truist Financial Corp. | 4.92 | 07/28/33 | 5,000 | 4,510 | ||||||||||
| Zions Bancorp NA | 3.25 | 10/29/29 | 5,000 | 4,117 | ||||||||||
| 414,859 | ||||||||||||||
| BEVERAGES – 0.7% | ||||||||||||||
| Constellation Brands, Inc. | 2.25 | 08/01/31 | 5,000 | 4,007 | ||||||||||
| Constellation Brands, Inc. | 2.88 | 05/01/30 | 5,000 | 4,317 | ||||||||||
| Constellation Brands, Inc. | 4.75 | 05/09/32 | 5,000 | 4,728 | ||||||||||
| Constellation Brands, Inc. | 4.90 | 05/01/33 | 5,000 | 4,723 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.05 | 04/15/32 | 10,000 | 9,091 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.20 | 03/15/31 | 5,000 | 4,891 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.30 | 03/15/34 | 5,000 | 4,870 | ||||||||||
| 36,627 | ||||||||||||||
| BIOTECHNOLOGY – 2.2% | ||||||||||||||
| Amgen, Inc. | 2.00 | 01/15/32 | 10,000 | 7,864 | ||||||||||
| Amgen, Inc. | 2.30 | 02/25/31 | 10,000 | 8,250 | ||||||||||
| Amgen, Inc. | 2.45 | 02/21/30 | 10,000 | 8,536 | ||||||||||
| Amgen, Inc. | 3.35 | 02/22/32 | 5,000 | 4,343 | ||||||||||
| Amgen, Inc. | 4.05 | 08/18/29 | 10,000 | 9,409 | ||||||||||
| Amgen, Inc. | 5.25 | 03/02/30 | 10,000 | 9,919 | ||||||||||
| Amgen, Inc. | 5.25 | 03/02/33 | 25,000 | 24,476 | ||||||||||
| Biogen, Inc. | 2.25 | 05/01/30 | 10,000 | 8,262 | ||||||||||
| Bio-Rad Laboratories, Inc. | 3.70 | 03/15/32 | 5,000 | 4,347 | ||||||||||
| Gilead Sciences, Inc. | 5.25 | 10/15/33 | 10,000 | 9,863 | ||||||||||
| Regeneron Pharmaceuticals, Inc. | 1.75 | 09/15/30 | 5,000 | 3,993 | ||||||||||
| Royalty Pharma PLC | 2.20 | 09/02/30 | 10,000 | 8,128 | ||||||||||
| 107,390 | ||||||||||||||
| BUILDING MATERIALS – 1.0% | ||||||||||||||
| Carrier Global Corp. | 2.72 | 02/15/30 | 20,000 | 17,277 | ||||||||||
| Eagle Materials, Inc. | 2.50 | 07/01/31 | 5,000 | 4,102 | ||||||||||
| Fortune Brands Innovations, Inc. | 3.25 | 09/15/29 | 5,000 | 4,464 | ||||||||||
| Fortune Brands Innovations, Inc. | 5.88 | 06/01/33 | 5,000 | 4,976 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 1.75 | 09/15/30 | 5,000 | 4,021 | ||||||||||
| Martin Marietta Materials, Inc. | 2.40 | 07/15/31 | 5,000 | 4,072 | ||||||||||
| Trane Technologies Financing Ltd. | 5.25 | 03/03/33 | 5,000 | 4,922 | ||||||||||
| Vulcan Materials Co. | 3.50 | 06/01/30 | 5,000 | 4,498 | ||||||||||
| 48,332 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
115
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 1.9% | ||||||||||||||
| Albemarle Corp. | 5.05 | 06/01/32 | $ | 5,000 | $ | 4,692 | ||||||||
| Celanese US Holdings LLC | 6.33 | 07/15/29 | 5,000 | 5,076 | ||||||||||
| Celanese US Holdings LLC | 6.38 | 07/15/32 | 5,000 | 5,057 | ||||||||||
| Celanese US Holdings LLC | 6.55 | 11/15/30 | 10,000 | 10,249 | ||||||||||
| Celanese US Holdings LLC | 6.70 | 11/15/33 | 5,000 | 5,168 | ||||||||||
| CF Industries, Inc. | 5.15 | 03/15/34 | 5,000 | 4,720 | ||||||||||
| Dow Chemical Co. | 2.10 | 11/15/30 | 10,000 | 8,217 | ||||||||||
| Dow Chemical Co. | 6.30 | 03/15/33 | 5,000 | 5,223 | ||||||||||
| Dow Chemical Co. | 7.38 | 11/01/29 | 5,000 | 5,438 | ||||||||||
| Eastman Chemical Co. | 5.63 | 02/20/34 | 5,000 | 4,876 | ||||||||||
| FMC Corp. | 5.65 | 05/18/33 | 5,000 | 4,796 | ||||||||||
| Huntsman International LLC | 4.50 | 05/01/29 | 5,000 | 4,668 | ||||||||||
| LYB International Finance III LLC | 5.50 | 03/01/34 | 5,000 | 4,857 | ||||||||||
| LYB International Finance III LLC | 5.63 | 05/15/33 | 5,000 | 4,973 | ||||||||||
| Nutrien Ltd. | 4.20 | 04/01/29 | 5,000 | 4,720 | ||||||||||
| Sherwin-Williams Co. | 2.20 | 03/15/32 | 5,000 | 3,968 | ||||||||||
| Sherwin-Williams Co. | 2.95 | 08/15/29 | 5,000 | 4,435 | ||||||||||
| 91,133 | ||||||||||||||
| COMMERCIAL SERVICES – 1.2% | ||||||||||||||
| Block Financial LLC | 3.88 | 08/15/30 | 5,000 | 4,452 | ||||||||||
| Equifax, Inc. | 2.35 | 09/15/31 | 10,000 | 8,027 | ||||||||||
| Global Payments, Inc. | 2.90 | 05/15/30 | 10,000 | 8,528 | ||||||||||
| Global Payments, Inc. | 3.20 | 08/15/29 | 10,000 | 8,825 | ||||||||||
| Global Payments, Inc. | 5.30 | 08/15/29 | 5,000 | 4,889 | ||||||||||
| Moody’s Corp. | 4.25 | 08/08/32 | 5,000 | 4,613 | ||||||||||
| Quanta Services, Inc. | 2.90 | 10/01/30 | 10,000 | 8,566 | ||||||||||
| RELX Capital, Inc. | 3.00 | 05/22/30 | 5,000 | 4,402 | ||||||||||
| Triton Container International Ltd./TAL International Container Corp. | 3.25 | 03/15/32 | 5,000 | 3,977 | ||||||||||
| 56,279 | ||||||||||||||
| COMPUTERS – 1.6% | ||||||||||||||
| Booz Allen Hamilton, Inc. | 5.95 | 08/04/33 | 5,000 | 5,037 | ||||||||||
| Dell International LLC/EMC Corp. | 5.30 | 10/01/29 | 15,000 | 14,852 | ||||||||||
| Dell International LLC/EMC Corp. | 5.40 | 04/15/34 | 5,000 | 4,847 | ||||||||||
| Dell International LLC/EMC Corp. | 5.75 | 02/01/33 | 5,000 | 5,033 | ||||||||||
| HP, Inc. | 2.65 | 06/17/31 | 15,000 | 12,368 | ||||||||||
| HP, Inc. | 5.50 | 01/15/33 | 10,000 | 9,855 | ||||||||||
| Kyndryl Holdings, Inc. | 6.35 | 02/20/34 | 5,000 | 4,978 | ||||||||||
| Leidos, Inc. | 2.30 | 02/15/31 | 10,000 | 8,064 | ||||||||||
| Leidos, Inc. | 5.75 | 03/15/33 | 5,000 | 4,973 | ||||||||||
| NetApp, Inc. | 2.70 | 06/22/30 | 5,000 | 4,245 | ||||||||||
| Western Digital Corp. | 3.10 | 02/01/32 | 5,000 | 3,910 | ||||||||||
| 78,162 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.2% | ||||||||||||||
| Haleon US Capital LLC | 3.63 | 03/24/32 | 10,000 | 8,792 | ||||||||||
| DISTRIBUTION/WHOLESALE – 0.1% | ||||||||||||||
| LKQ Corp. | 6.25 | 06/15/33 | 5,000 | 5,037 | ||||||||||
The accompanying notes are an integral part of these financial statements.
116
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.2% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.30 | 01/30/32 | $ | 20,000 | $ | 16,719 | ||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.40 | 10/29/33 | 20,000 | 16,310 | ||||||||||
| Air Lease Corp. | 3.13 | 12/01/30 | 10,000 | 8,567 | ||||||||||
| Air Lease Corp. | 3.25 | 10/01/29 | 5,000 | 4,441 | ||||||||||
| Ally Financial, Inc. | 8.00 | 11/01/31 | 15,000 | 16,256 | ||||||||||
| Capital One Financial Corp. | 2.62 | 11/02/32 | 5,000 | 3,939 | ||||||||||
| Capital One Financial Corp. | 5.27 | 05/10/33 | 10,000 | 9,491 | ||||||||||
| Capital One Financial Corp. | 5.82 | 02/01/34 | 5,000 | 4,844 | ||||||||||
| Capital One Financial Corp. | 6.05 | 02/01/35 | 5,000 | 4,921 | ||||||||||
| Capital One Financial Corp. | 6.38 | 06/08/34 | 10,000 | 10,071 | ||||||||||
| Capital One Financial Corp. | 7.62 | 10/30/31 | 15,000 | 16,152 | ||||||||||
| CI Financial Corp. | 3.20 | 12/17/30 | 5,000 | 3,991 | ||||||||||
| Discover Financial Services | 6.70 | 11/29/32 | 10,000 | 10,257 | ||||||||||
| Discover Financial Services | 7.96 | 11/02/34 | 5,000 | 5,504 | ||||||||||
| Jefferies Financial Group, Inc. | 2.63 | 10/15/31 | 15,000 | 11,913 | ||||||||||
| Jefferies Financial Group, Inc. | 6.20 | 04/14/34 | 5,000 | 4,945 | ||||||||||
| Nasdaq, Inc. | 5.55 | 02/15/34 | 10,000 | 9,790 | ||||||||||
| Nomura Holdings, Inc. | 2.68 | 07/16/30 | 5,000 | 4,176 | ||||||||||
| Nomura Holdings, Inc. | 3.00 | 01/22/32 | 5,000 | 4,105 | ||||||||||
| Nomura Holdings, Inc. | 3.10 | 01/16/30 | 10,000 | 8,677 | ||||||||||
| Nomura Holdings, Inc. | 5.61 | 07/06/29 | 5,000 | 4,954 | ||||||||||
| Nomura Holdings, Inc. | 6.18 | 01/18/33 | 10,000 | 10,286 | ||||||||||
| Radian Group, Inc. | 6.20 | 05/15/29 | 5,000 | 4,966 | ||||||||||
| Synchrony Financial | 2.88 | 10/28/31 | 5,000 | 3,945 | ||||||||||
| TPG Operating Group II LP | 5.88 | 03/05/34 | 5,000 | 4,883 | ||||||||||
| 204,103 | ||||||||||||||
| ELECTRIC – 6.6% | ||||||||||||||
| AEP Texas, Inc. | 4.70 | 05/15/32 | 10,000 | 9,281 | ||||||||||
| AES Corp. | 2.45 | 01/15/31 | 5,000 | 4,028 | ||||||||||
| Ameren Corp. | 3.50 | 01/15/31 | 5,000 | 4,410 | ||||||||||
| American Electric Power Co., Inc. | 5.63 | 03/01/33 | 10,000 | 9,791 | ||||||||||
| Arizona Public Service Co. | 5.55 | 08/01/33 | 5,000 | 4,907 | ||||||||||
| Avangrid, Inc. | 3.80 | 06/01/29 | 5,000 | 4,572 | ||||||||||
| Constellation Energy Generation LLC | 5.80 | 03/01/33 | 5,000 | 5,005 | ||||||||||
| Dominion Energy, Inc. | 2.25 | 08/15/31 | 5,000 | 3,989 | ||||||||||
| Dominion Energy, Inc. | 3.38 | 04/01/30 | 10,000 | 8,862 | ||||||||||
| Dominion Energy, Inc. | 5.25 | 08/01/33 | 5,000 | 4,780 | ||||||||||
| Dominion Energy, Inc. | 5.38 | 11/15/32 | 5,000 | 4,862 | ||||||||||
| Duke Energy Corp. | 2.45 | 06/01/30 | 5,000 | 4,214 | ||||||||||
| Duke Energy Corp. | 2.55 | 06/15/31 | 5,000 | 4,113 | ||||||||||
| Duke Energy Corp. | 3.40 | 06/15/29 | 10,000 | 9,092 | ||||||||||
| Duke Energy Corp. | 4.50 | 08/15/32 | 10,000 | 9,216 | ||||||||||
| Edison International | 6.95 | 11/15/29 | 5,000 | 5,254 | ||||||||||
| Entergy Corp. | 2.80 | 06/15/30 | 5,000 | 4,269 | ||||||||||
| Evergy, Inc. | 2.90 | 09/15/29 | 5,000 | 4,384 | ||||||||||
| Eversource Energy | 5.13 | 05/15/33 | 10,000 | 9,441 | ||||||||||
| Eversource Energy | 5.50 | 01/01/34 | 5,000 | 4,822 | ||||||||||
| Exelon Corp. | 4.05 | 04/15/30 | 10,000 | 9,236 | ||||||||||
The accompanying notes are an integral part of these financial statements.
117
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 6.6% (Continued) | ||||||||||||||
| Exelon Corp. | 5.30 | 03/15/33 | $ | 10,000 | $ | 9,733 | ||||||||
| Georgia Power Co. | 4.70 | 05/15/32 | 10,000 | 9,469 | ||||||||||
| Georgia Power Co. | 4.95 | 05/17/33 | 5,000 | 4,764 | ||||||||||
| Georgia Power Co. | 5.25 | 03/15/34 | 5,000 | 4,870 | ||||||||||
| National Grid PLC | 5.42 | 01/11/34 | 5,000 | 4,814 | ||||||||||
| National Grid PLC | 5.81 | 06/12/33 | 5,000 | 4,959 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.25 | 06/01/30 | 10,000 | 8,306 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.75 | 11/01/29 | 5,000 | 4,365 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.00 | 02/28/30 | 5,000 | 4,889 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.00 | 07/15/32 | 10,000 | 9,627 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.05 | 02/28/33 | 10,000 | 9,594 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.25 | 03/15/34 | 10,000 | 9,611 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.70 | 09/01/54 | 5,000 | 4,955 | ||||||||||
| Pacific Gas & Electric Co. | 2.50 | 02/01/31 | 10,000 | 8,117 | ||||||||||
| Pacific Gas & Electric Co. | 3.25 | 06/01/31 | 10,000 | 8,459 | ||||||||||
| Pacific Gas & Electric Co. | 4.55 | 07/01/30 | 20,000 | 18,580 | ||||||||||
| Pacific Gas & Electric Co. | 6.15 | 01/15/33 | 5,000 | 5,011 | ||||||||||
| Pacific Gas & Electric Co. | 6.40 | 06/15/33 | 10,000 | 10,192 | ||||||||||
| Pacific Gas & Electric Co. | 6.95 | 03/15/34 | 5,000 | 5,292 | ||||||||||
| Public Service Enterprise Group, Inc. | 2.45 | 11/15/31 | 10,000 | 8,055 | ||||||||||
| Sempra | 5.50 | 08/01/33 | 5,000 | 4,864 | ||||||||||
| Southern Co. | 3.70 | 04/30/30 | 10,000 | 9,062 | ||||||||||
| Southern Co. | 5.70 | 03/15/34 | 10,000 | 9,985 | ||||||||||
| Xcel Energy, Inc. | 4.60 | 06/01/32 | 10,000 | 9,183 | ||||||||||
| Xcel Energy, Inc. | 5.45 | 08/15/33 | 5,000 | 4,836 | ||||||||||
| Xcel Energy, Inc. | 5.50 | 03/15/34 | 5,000 | 4,830 | ||||||||||
| 324,950 | ||||||||||||||
| ELECTRONICS – 0.9% | ||||||||||||||
| Allegion US Holding Co., Inc. | 5.41 | 07/01/32 | 5,000 | 4,863 | ||||||||||
| Amphenol Corp. | 2.20 | 09/15/31 | 5,000 | 4,035 | ||||||||||
| Amphenol Corp. | 2.80 | 02/15/30 | 5,000 | 4,374 | ||||||||||
| Amphenol Corp. | 4.35 | 06/01/29 | 5,000 | 4,791 | ||||||||||
| Arrow Electronics, Inc. | 5.88 | 04/10/34 | 5,000 | 4,825 | ||||||||||
| Flex Ltd. | 4.88 | 06/15/29 | 10,000 | 9,593 | ||||||||||
| Jabil, Inc. | 3.00 | 01/15/31 | 5,000 | 4,185 | ||||||||||
| Trimble, Inc. | 6.10 | 03/15/33 | 5,000 | 5,076 | ||||||||||
| Vontier Corp. | 2.95 | 04/01/31 | 5,000 | 4,081 | ||||||||||
| 45,823 | ||||||||||||||
| ENTERTAINMENT – 0.5% | ||||||||||||||
| Warnermedia Holdings, Inc. | 4.28 | 03/15/32 | 30,000 | 25,867 | ||||||||||
| ENVIRONMENTAL CONTROL – 0.8% | ||||||||||||||
| Republic Services, Inc. | 2.30 | 03/01/30 | 5,000 | 4,232 | ||||||||||
| Republic Services, Inc. | 2.38 | 03/15/33 | 5,000 | 3,934 | ||||||||||
| Republic Services, Inc. | 5.00 | 12/15/33 | 5,000 | 4,820 | ||||||||||
| Republic Services, Inc. | 5.00 | 04/01/34 | 5,000 | 4,824 | ||||||||||
| Veralto Corp.(1) | 5.45 | 09/18/33 | 5,000 | 4,910 | ||||||||||
| Waste Connections, Inc. | 3.20 | 06/01/32 | 10,000 | 8,519 | ||||||||||
The accompanying notes are an integral part of these financial statements.
118
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ENVIRONMENTAL CONTROL – 0.8% (Continued) | ||||||||||||||
| Waste Connections, Inc. | 4.20 | 01/15/33 | $ | 5,000 | $ | 4,556 | ||||||||
| Waste Connections, Inc. | 5.00 | 03/01/34 | 5,000 | 4,786 | ||||||||||
| 40,581 | ||||||||||||||
| FOOD – 2.0% | ||||||||||||||
| Campbell Soup Co. | 5.40 | 03/21/34 | 5,000 | 4,878 | ||||||||||
| General Mills, Inc. | 2.88 | 04/15/30 | 5,000 | 4,355 | ||||||||||
| General Mills, Inc. | 4.95 | 03/29/33 | 10,000 | 9,582 | ||||||||||
| Ingredion, Inc. | 2.90 | 06/01/30 | 5,000 | 4,321 | ||||||||||
| J M Smucker Co. | 2.13 | 03/15/32 | 5,000 | 3,956 | ||||||||||
| J M Smucker Co. | 6.20 | 11/15/33 | 5,000 | 5,173 | ||||||||||
| Kellanova | 7.45 | 04/01/31 | 5,000 | 5,508 | ||||||||||
| Kraft Heinz Foods Co. | 3.75 | 04/01/30 | 5,000 | 4,596 | ||||||||||
| Kroger Co. | 2.20 | 05/01/30 | 5,000 | 4,162 | ||||||||||
| McCormick & Co., Inc./MD | 1.85 | 02/15/31 | 5,000 | 3,979 | ||||||||||
| Mondelez International, Inc. | 2.75 | 04/13/30 | 5,000 | 4,336 | ||||||||||
| Mondelez International, Inc. | 3.00 | 03/17/32 | 10,000 | 8,432 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 10,000 | 8,856 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 5,000 | 4,974 | ||||||||||
| Sysco Corp. | 2.40 | 02/15/30 | 5,000 | 4,235 | ||||||||||
| Sysco Corp. | 5.95 | 04/01/30 | 10,000 | 10,225 | ||||||||||
| Tyson Foods, Inc. | 5.70 | 03/15/34 | 5,000 | 4,908 | ||||||||||
| 96,476 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.3% | ||||||||||||||
| Suzano Austria GmbH | 3.13 | 01/15/32 | 5,000 | 4,018 | ||||||||||
| Suzano Austria GmbH | 3.75 | 01/15/31 | 15,000 | 12,922 | ||||||||||
| 16,940 | ||||||||||||||
| GAS – 0.7% | ||||||||||||||
| National Fuel Gas Co. | 2.95 | 03/01/31 | 5,000 | 4,113 | ||||||||||
| NiSource, Inc. | 2.95 | 09/01/29 | 10,000 | 8,840 | ||||||||||
| NiSource, Inc. | 3.60 | 05/01/30 | 5,000 | 4,507 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.75 | 09/15/33 | 10,000 | 10,056 | ||||||||||
| Southwest Gas Corp. | 4.05 | 03/15/32 | 5,000 | 4,457 | ||||||||||
| 31,973 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.5% | ||||||||||||||
| Regal Rexnord Corp.(1) | 6.30 | 02/15/30 | 10,000 | 10,066 | ||||||||||
| Regal Rexnord Corp.(1) | 6.40 | 04/15/33 | 5,000 | 5,046 | ||||||||||
| Stanley Black & Decker, Inc. | 2.30 | 03/15/30 | 5,000 | 4,154 | ||||||||||
| Stanley Black & Decker, Inc. | 3.00 | 05/15/32 | 5,000 | 4,143 | ||||||||||
| 23,409 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.9% | ||||||||||||||
| Agilent Technologies, Inc. | 2.10 | 06/04/30 | 5,000 | 4,133 | ||||||||||
| Agilent Technologies, Inc. | 2.30 | 03/12/31 | 5,000 | 4,107 | ||||||||||
| Baxter International, Inc. | 1.73 | 04/01/31 | 5,000 | 3,883 | ||||||||||
| Baxter International, Inc. | 2.54 | 02/01/32 | 10,000 | 8,018 | ||||||||||
| Boston Scientific Corp. | 2.65 | 06/01/30 | 10,000 | 8,606 | ||||||||||
| DENTSPLY SIRONA, Inc. | 3.25 | 06/01/30 | 5,000 | 4,318 | ||||||||||
The accompanying notes are an integral part of these financial statements.
119
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-PRODUCTS – 1.9% (Continued) | ||||||||||||||
| GE HealthCare Technologies, Inc. | 5.86 | 03/15/30 | $ | 10,000 | $ | 10,141 | ||||||||
| GE HealthCare Technologies, Inc. | 5.91 | 11/22/32 | 10,000 | 10,218 | ||||||||||
| Revvity, Inc. | 2.25 | 09/15/31 | 5,000 | 4,001 | ||||||||||
| Revvity, Inc. | 3.30 | 09/15/29 | 5,000 | 4,468 | ||||||||||
| Smith & Nephew PLC | 2.03 | 10/14/30 | 5,000 | 4,029 | ||||||||||
| Smith & Nephew PLC | 5.40 | 03/20/34 | 5,000 | 4,827 | ||||||||||
| Solventum Corp.(1) | 5.60 | 03/23/34 | 10,000 | 9,659 | ||||||||||
| STERIS Irish FinCo UnLtd. Co. | 2.70 | 03/15/31 | 5,000 | 4,163 | ||||||||||
| Stryker Corp. | 1.95 | 06/15/30 | 5,000 | 4,126 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 2.60 | 11/24/31 | 5,000 | 4,085 | ||||||||||
| 92,782 | ||||||||||||||
| HEALTHCARE-SERVICES – 3.8% | ||||||||||||||
| Centene Corp. | 2.50 | 03/01/31 | 15,000 | 12,069 | ||||||||||
| Centene Corp. | 2.63 | 08/01/31 | 10,000 | 8,024 | ||||||||||
| Centene Corp. | 3.00 | 10/15/30 | 10,000 | 8,386 | ||||||||||
| Centene Corp. | 3.38 | 02/15/30 | 10,000 | 8,703 | ||||||||||
| Centene Corp. | 4.63 | 12/15/29 | 20,000 | 18,634 | ||||||||||
| Elevance Health, Inc. | 2.25 | 05/15/30 | 5,000 | 4,176 | ||||||||||
| Elevance Health, Inc. | 2.55 | 03/15/31 | 5,000 | 4,160 | ||||||||||
| Elevance Health, Inc. | 2.88 | 09/15/29 | 10,000 | 8,823 | ||||||||||
| Elevance Health, Inc. | 4.75 | 02/15/33 | 10,000 | 9,452 | ||||||||||
| HCA, Inc. | 3.50 | 09/01/30 | 20,000 | 17,640 | ||||||||||
| HCA, Inc. | 3.63 | 03/15/32 | 10,000 | 8,604 | ||||||||||
| HCA, Inc. | 4.13 | 06/15/29 | 10,000 | 9,294 | ||||||||||
| HCA, Inc. | 5.45 | 04/01/31 | 10,000 | 9,803 | ||||||||||
| HCA, Inc. | 5.50 | 06/01/33 | 10,000 | 9,724 | ||||||||||
| Humana, Inc. | 2.15 | 02/03/32 | 5,000 | 3,890 | ||||||||||
| Humana, Inc. | 4.88 | 04/01/30 | 5,000 | 4,818 | ||||||||||
| Humana, Inc. | 5.38 | 04/15/31 | 10,000 | 9,759 | ||||||||||
| Humana, Inc. | 5.95 | 03/15/34 | 5,000 | 5,010 | ||||||||||
| Laboratory Corp. of America Holdings | 2.95 | 12/01/29 | 5,000 | 4,390 | ||||||||||
| Quest Diagnostics, Inc. | 2.95 | 06/30/30 | 5,000 | 4,332 | ||||||||||
| Quest Diagnostics, Inc. | 6.40 | 11/30/33 | 10,000 | 10,481 | ||||||||||
| Universal Health Services, Inc. | 2.65 | 10/15/30 | 5,000 | 4,153 | ||||||||||
| 184,325 | ||||||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| NVR, Inc. | 3.00 | 05/15/30 | 5,000 | 4,339 | ||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.3% | ||||||||||||||
| Avery Dennison Corp. | 2.25 | 02/15/32 | 5,000 | 3,989 | ||||||||||
| Clorox Co. | 4.60 | 05/01/32 | 10,000 | 9,480 | ||||||||||
| 13,469 | ||||||||||||||
| INSURANCE – 3.6% | ||||||||||||||
| Allstate Corp. | 1.45 | 12/15/30 | 5,000 | 3,870 | ||||||||||
| Allstate Corp. | 5.25 | 03/30/33 | 5,000 | 4,884 | ||||||||||
| American International Group, Inc. | 5.13 | 03/27/33 | 5,000 | 4,803 | ||||||||||
| Aon Corp. | 2.80 | 05/15/30 | 15,000 | 12,925 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 5.00 | 09/12/32 | 5,000 | 4,797 | ||||||||||
The accompanying notes are an integral part of these financial statements.
120
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INSURANCE – 3.6% (Continued) | ||||||||||||||
| Aon Corp./Aon Global Holdings PLC | 5.35 | 02/28/33 | $ | 5,000 | $ | 4,866 | ||||||||
| Aon North America, Inc. | 5.45 | 03/01/34 | 10,000 | 9,794 | ||||||||||
| Athene Holding Ltd. | 5.88 | 01/15/34 | 5,000 | 4,880 | ||||||||||
| Athene Holding Ltd. | 6.15 | 04/03/30 | 5,000 | 5,101 | ||||||||||
| Brighthouse Financial, Inc. | 5.63 | 05/15/30 | 5,000 | 4,943 | ||||||||||
| Brown & Brown, Inc. | 2.38 | 03/15/31 | 5,000 | 4,038 | ||||||||||
| CNA Financial Corp. | 3.90 | 05/01/29 | 5,000 | 4,652 | ||||||||||
| CNA Financial Corp. | 5.50 | 06/15/33 | 5,000 | 4,901 | ||||||||||
| Corebridge Financial, Inc. | 3.90 | 04/05/32 | 10,000 | 8,729 | ||||||||||
| Corebridge Financial, Inc.(1) | 6.05 | 09/15/33 | 10,000 | 10,010 | ||||||||||
| Enstar Group Ltd. | 3.10 | 09/01/31 | 10,000 | 8,012 | ||||||||||
| Fairfax Financial Holdings Ltd. | 4.63 | 04/29/30 | 5,000 | 4,680 | ||||||||||
| Fairfax Financial Holdings Ltd. | 5.63 | 08/16/32 | 10,000 | 9,720 | ||||||||||
| Fidelity National Financial, Inc. | 2.45 | 03/15/31 | 5,000 | 3,999 | ||||||||||
| Fidelity National Financial, Inc. | 3.40 | 06/15/30 | 5,000 | 4,341 | ||||||||||
| First American Financial Corp. | 2.40 | 08/15/31 | 5,000 | 3,876 | ||||||||||
| Lincoln National Corp. | 3.40 | 01/15/31 | 5,000 | 4,284 | ||||||||||
| Prudential Financial, Inc. | 3.70 | 10/01/50 | 5,000 | 4,278 | ||||||||||
| Prudential Financial, Inc. | 5.13 | 03/01/52 | 10,000 | 9,244 | ||||||||||
| Prudential Financial, Inc. | 6.00 | 09/01/52 | 10,000 | 9,704 | ||||||||||
| Prudential Financial, Inc. | 6.50 | 03/15/54 | 5,000 | 4,953 | ||||||||||
| Reinsurance Group of America, Inc. | 3.15 | 06/15/30 | 5,000 | 4,365 | ||||||||||
| Reinsurance Group of America, Inc. | 3.90 | 05/15/29 | 5,000 | 4,646 | ||||||||||
| Willis North America, Inc. | 2.95 | 09/15/29 | 10,000 | 8,773 | ||||||||||
| 178,068 | ||||||||||||||
| INTERNET – 0.5% | ||||||||||||||
| eBay, Inc. | 2.70 | 03/11/30 | 10,000 | 8,661 | ||||||||||
| Expedia Group, Inc. | 3.25 | 02/15/30 | 5,000 | 4,413 | ||||||||||
| Netflix, Inc. | 6.38 | 05/15/29 | 5,000 | 5,211 | ||||||||||
| VeriSign, Inc. | 2.70 | 06/15/31 | 5,000 | 4,105 | ||||||||||
| Weibo Corp. | 3.38 | 07/08/30 | 5,000 | 4,281 | ||||||||||
| 26,671 | ||||||||||||||
| INVESTMENT COMPANIES – 1.0% | ||||||||||||||
| Ares Capital Corp. | 3.20 | 11/15/31 | 10,000 | 8,185 | ||||||||||
| Blue Owl Credit Income Corp.(1) | 6.65 | 03/15/31 | 5,000 | 4,817 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.00 | 05/15/32 | 10,000 | 7,932 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 5.50 | 01/15/30 | 10,000 | 9,661 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 5.75 | 04/01/33 | 10,000 | 9,576 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl(1) | 6.75 | 03/15/34 | 10,000 | 10,199 | ||||||||||
| 50,370 | ||||||||||||||
| IRON/STEEL – 0.8% | ||||||||||||||
| ArcelorMittal SA | 4.25 | 07/16/29 | 5,000 | 4,702 | ||||||||||
| ArcelorMittal SA | 6.80 | 11/29/32 | 5,000 | 5,208 | ||||||||||
| Steel Dynamics, Inc. | 3.45 | 04/15/30 | 5,000 | 4,483 | ||||||||||
| Vale Overseas Ltd. | 3.75 | 07/08/30 | 10,000 | 8,817 | ||||||||||
| Vale Overseas Ltd. | 6.13 | 06/12/33 | 10,000 | 9,809 | ||||||||||
| Vale Overseas Ltd. | 8.25 | 01/17/34 | 5,000 | 5,699 | ||||||||||
| 38,718 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
121
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| LODGING – 0.6% | ||||||||||||||
| Marriott International, Inc./MD | 3.50 | 10/15/32 | $ | 15,000 | $ | 12,765 | ||||||||
| Marriott International, Inc./MD | 4.63 | 06/15/30 | 10,000 | 9,508 | ||||||||||
| Sands China Ltd. | 3.25 | 08/08/31 | 5,000 | 4,090 | ||||||||||
| Sands China Ltd. | 4.63 | 06/18/30 | 5,000 | 4,500 | ||||||||||
| 30,863 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.7% | ||||||||||||||
| AGCO Corp. | 5.80 | 03/21/34 | 5,000 | 4,894 | ||||||||||
| Flowserve Corp. | 2.80 | 01/15/32 | 5,000 | 4,023 | ||||||||||
| IDEX Corp. | 2.63 | 06/15/31 | 5,000 | 4,121 | ||||||||||
| Ingersoll Rand, Inc. | 5.70 | 08/14/33 | 5,000 | 4,974 | ||||||||||
| Nordson Corp. | 5.80 | 09/15/33 | 5,000 | 5,053 | ||||||||||
| Otis Worldwide Corp. | 2.57 | 02/15/30 | 10,000 | 8,575 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 5.61 | 03/11/34 | 5,000 | 4,915 | ||||||||||
| 36,555 | ||||||||||||||
| MEDIA – 1.3% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.80 | 04/01/31 | 10,000 | 7,956 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.40 | 04/01/33 | 15,000 | 12,824 | ||||||||||
| Discovery Communications LLC | 3.63 | 05/15/30 | 10,000 | 8,706 | ||||||||||
| Fox Corp. | 3.50 | 04/08/30 | 5,000 | 4,469 | ||||||||||
| Fox Corp. | 6.50 | 10/13/33 | 5,000 | 5,136 | ||||||||||
| Paramount Global | 4.20 | 05/19/32 | 5,000 | 4,091 | ||||||||||
| Paramount Global | 4.95 | 01/15/31 | 10,000 | 8,811 | ||||||||||
| Paramount Global | 7.88 | 07/30/30 | 5,000 | 5,173 | ||||||||||
| Time Warner Cable Enterprises LLC | 8.38 | 07/15/33 | 5,000 | 5,417 | ||||||||||
| 62,583 | ||||||||||||||
| MINING – 0.6% | ||||||||||||||
| AngloGold Ashanti Holdings PLC | 3.75 | 10/01/30 | 5,000 | 4,317 | ||||||||||
| Freeport-McMoRan, Inc. | 4.63 | 08/01/30 | 5,000 | 4,704 | ||||||||||
| Newmont Corp. | 2.25 | 10/01/30 | 10,000 | 8,302 | ||||||||||
| Newmont Corp. | 2.60 | 07/15/32 | 5,000 | 4,065 | ||||||||||
| Newmont Corp./Newcrest Finance Pty Ltd.(1) | 3.25 | 05/13/30 | 5,000 | 4,429 | ||||||||||
| Newmont Corp./Newcrest Finance Pty Ltd.(1) | 5.35 | 03/15/34 | 5,000 | 4,881 | ||||||||||
| 30,698 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.6% | ||||||||||||||
| Carlisle Cos, Inc. | 2.75 | 03/01/30 | 10,000 | 8,630 | ||||||||||
| Parker-Hannifin Corp. | 3.25 | 06/14/29 | 5,000 | 4,543 | ||||||||||
| Parker-Hannifin Corp. | 4.50 | 09/15/29 | 10,000 | 9,645 | ||||||||||
| Teledyne Technologies, Inc. | 2.75 | 04/01/31 | 5,000 | 4,166 | ||||||||||
| Textron, Inc. | 2.45 | 03/15/31 | 5,000 | 4,109 | ||||||||||
| 31,093 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.1% | ||||||||||||||
| CDW LLC/CDW Finance Corp. | 3.57 | 12/01/31 | 5,000 | 4,266 | ||||||||||
The accompanying notes are an integral part of these financial statements.
122
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 2.5% | ||||||||||||||
| Cenovus Energy, Inc. | 2.65 | 01/15/32 | $ | 5,000 | $ | 4,049 | ||||||||
| Coterra Energy, Inc. | 5.60 | 03/15/34 | 5,000 | 4,892 | ||||||||||
| Devon Energy Corp. | 4.50 | 01/15/30 | 5,000 | 4,722 | ||||||||||
| Diamondback Energy, Inc. | 3.50 | 12/01/29 | 5,000 | 4,543 | ||||||||||
| Diamondback Energy, Inc. | 5.15 | 01/30/30 | 5,000 | 4,907 | ||||||||||
| Diamondback Energy, Inc. | 5.40 | 04/18/34 | 5,000 | 4,865 | ||||||||||
| Diamondback Energy, Inc. | 6.25 | 03/15/33 | 10,000 | 10,338 | ||||||||||
| EQT Corp. | 7.00 | 02/01/30 | 10,000 | 10,449 | ||||||||||
| Hess Corp. | 7.30 | 08/15/31 | 5,000 | 5,498 | ||||||||||
| Marathon Oil Corp. | 6.80 | 03/15/32 | 5,000 | 5,262 | ||||||||||
| Occidental Petroleum Corp. | 6.13 | 01/01/31 | 5,000 | 5,069 | ||||||||||
| Occidental Petroleum Corp. | 6.63 | 09/01/30 | 15,000 | 15,556 | ||||||||||
| Occidental Petroleum Corp. | 8.88 | 07/15/30 | 5,000 | 5,709 | ||||||||||
| Ovintiv, Inc. | 6.25 | 07/15/33 | 5,000 | 5,044 | ||||||||||
| Phillips 66 | 2.15 | 12/15/30 | 5,000 | 4,073 | ||||||||||
| Phillips 66 Co. | 5.25 | 06/15/31 | 5,000 | 4,899 | ||||||||||
| Phillips 66 Co. | 5.30 | 06/30/33 | 5,000 | 4,860 | ||||||||||
| Pioneer Natural Resources Co. | 1.90 | 08/15/30 | 10,000 | 8,215 | ||||||||||
| Pioneer Natural Resources Co. | 2.15 | 01/15/31 | 5,000 | 4,119 | ||||||||||
| Valero Energy Corp. | 7.50 | 04/15/32 | 5,000 | 5,591 | ||||||||||
| 122,660 | ||||||||||||||
| OIL & GAS SERVICES – 0.3% | ||||||||||||||
| Halliburton Co. | 2.92 | 03/01/30 | 5,000 | 4,386 | ||||||||||
| NOV, Inc. | 3.60 | 12/01/29 | 10,000 | 9,002 | ||||||||||
| 13,388 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.6% | ||||||||||||||
| Amcor Flexibles North America, Inc. | 2.69 | 05/25/31 | 10,000 | 8,232 | ||||||||||
| Berry Global, Inc.(1) | 5.65 | 01/15/34 | 5,000 | 4,839 | ||||||||||
| Smurfit Kappa Treasury ULC(1) | 5.20 | 01/15/30 | 10,000 | 9,772 | ||||||||||
| Sonoco Products Co. | 2.85 | 02/01/32 | 5,000 | 4,117 | ||||||||||
| WRKCo, Inc. | 3.00 | 06/15/33 | 5,000 | 4,074 | ||||||||||
| 31,034 | ||||||||||||||
| PHARMACEUTICALS – 3.1% | ||||||||||||||
| Becton Dickinson & Co. | 1.96 | 02/11/31 | 10,000 | 8,003 | ||||||||||
| Becton Dickinson & Co. | 2.82 | 05/20/30 | 10,000 | 8,617 | ||||||||||
| Cardinal Health, Inc. | 5.45 | 02/15/34 | 5,000 | 4,902 | ||||||||||
| Cencora, Inc. | 2.70 | 03/15/31 | 5,000 | 4,187 | ||||||||||
| Cencora, Inc. | 2.80 | 05/15/30 | 5,000 | 4,337 | ||||||||||
| Cigna Group | 2.38 | 03/15/31 | 15,000 | 12,270 | ||||||||||
| Cigna Group | 2.40 | 03/15/30 | 15,000 | 12,654 | ||||||||||
| Cigna Group | 5.40 | 03/15/33 | 10,000 | 9,835 | ||||||||||
| CVS Health Corp. | 1.88 | 02/28/31 | 20,000 | 15,855 | ||||||||||
| CVS Health Corp. | 3.25 | 08/15/29 | 5,000 | 4,486 | ||||||||||
| CVS Health Corp. | 3.75 | 04/01/30 | 15,000 | 13,624 | ||||||||||
| CVS Health Corp. | 5.25 | 01/30/31 | 10,000 | 9,819 | ||||||||||
| CVS Health Corp. | 5.25 | 02/21/33 | 10,000 | 9,666 | ||||||||||
| CVS Health Corp. | 5.30 | 06/01/33 | 10,000 | 9,684 | ||||||||||
The accompanying notes are an integral part of these financial statements.
123
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PHARMACEUTICALS – 3.1% (Continued) | ||||||||||||||
| Takeda Pharmaceutical Co. Ltd. | 2.05 | 03/31/30 | $ | 15,000 | $ | 12,407 | ||||||||
| Viatris, Inc. | 2.70 | 06/22/30 | 10,000 | 8,275 | ||||||||||
| Zoetis, Inc. | 5.60 | 11/16/32 | 5,000 | 5,030 | ||||||||||
| 153,651 | ||||||||||||||
| PIPELINES – 6.6% | ||||||||||||||
| Boardwalk Pipelines LP | 3.60 | 09/01/32 | 5,000 | 4,232 | ||||||||||
| Cheniere Corpus Christi Holdings LLC | 3.70 | 11/15/29 | 5,000 | 4,545 | ||||||||||
| Cheniere Energy Partners LP | 3.25 | 01/31/32 | 10,000 | 8,351 | ||||||||||
| Cheniere Energy Partners LP | 4.00 | 03/01/31 | 5,000 | 4,459 | ||||||||||
| Cheniere Energy Partners LP | 4.50 | 10/01/29 | 10,000 | 9,354 | ||||||||||
| Cheniere Energy Partners LP | 5.95 | 06/30/33 | 10,000 | 9,980 | ||||||||||
| Cheniere Energy, Inc.(1) | 5.65 | 04/15/34 | 5,000 | 4,895 | ||||||||||
| DCP Midstream Operating LP | 5.13 | 05/15/29 | 5,000 | 4,884 | ||||||||||
| Enbridge, Inc. | 2.50 | 08/01/33 | 5,000 | 3,867 | ||||||||||
| Enbridge, Inc. | 5.63 | 04/05/34 | 5,000 | 4,895 | ||||||||||
| Enbridge, Inc. | 5.70 | 03/08/33 | 10,000 | 9,898 | ||||||||||
| Enbridge, Inc. | 6.20 | 11/15/30 | 15,000 | 15,473 | ||||||||||
| Energy Transfer LP | 3.75 | 05/15/30 | 15,000 | 13,542 | ||||||||||
| Energy Transfer LP | 5.75 | 02/15/33 | 10,000 | 9,909 | ||||||||||
| Energy Transfer LP | 6.55 | 12/01/33 | 10,000 | 10,416 | ||||||||||
| Kinder Morgan, Inc. | 2.00 | 02/15/31 | 10,000 | 8,022 | ||||||||||
| Kinder Morgan, Inc. | 4.80 | 02/01/33 | 10,000 | 9,279 | ||||||||||
| Kinder Morgan, Inc. | 5.20 | 06/01/33 | 10,000 | 9,534 | ||||||||||
| Kinder Morgan, Inc. | 5.40 | 02/01/34 | 5,000 | 4,827 | ||||||||||
| Kinder Morgan, Inc. | 7.75 | 01/15/32 | 5,000 | 5,538 | ||||||||||
| MPLX LP | 2.65 | 08/15/30 | 10,000 | 8,437 | ||||||||||
| MPLX LP | 4.95 | 09/01/32 | 10,000 | 9,437 | ||||||||||
| MPLX LP | 5.00 | 03/01/33 | 5,000 | 4,710 | ||||||||||
| ONEOK, Inc. | 3.10 | 03/15/30 | 10,000 | 8,726 | ||||||||||
| ONEOK, Inc. | 3.40 | 09/01/29 | 10,000 | 9,019 | ||||||||||
| ONEOK, Inc. | 6.05 | 09/01/33 | 10,000 | 10,121 | ||||||||||
| ONEOK, Inc. | 6.10 | 11/15/32 | 5,000 | 5,077 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 3.55 | 12/15/29 | 15,000 | 13,504 | ||||||||||
| Sabine Pass Liquefaction LLC | 4.50 | 05/15/30 | 15,000 | 14,105 | ||||||||||
| Targa Resources Corp. | 6.13 | 03/15/33 | 5,000 | 5,070 | ||||||||||
| Targa Resources Corp. | 6.50 | 03/30/34 | 10,000 | 10,436 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.00 | 01/15/32 | 15,000 | 13,187 | ||||||||||
| TransCanada PipeLines Ltd. | 2.50 | 10/12/31 | 15,000 | 12,154 | ||||||||||
| TransCanada PipeLines Ltd. | 4.10 | 04/15/30 | 5,000 | 4,612 | ||||||||||
| Western Midstream Operating LP | 4.05 | 02/01/30 | 10,000 | 9,202 | ||||||||||
| Williams Cos, Inc. | 2.60 | 03/15/31 | 10,000 | 8,289 | ||||||||||
| Williams Cos, Inc. | 3.50 | 11/15/30 | 5,000 | 4,442 | ||||||||||
| Williams Cos, Inc. | 5.15 | 03/15/34 | 5,000 | 4,783 | ||||||||||
| Williams Cos, Inc. | 5.65 | 03/15/33 | 10,000 | 9,933 | ||||||||||
| 321,144 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
124
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE – 0.1% | ||||||||||||||
| CBRE Services, Inc. | 5.50 | 04/01/29 | $ | 5,000 | $ | 4,941 | ||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 7.2% | ||||||||||||||
| Alexandria Real Estate Equities, Inc. | 1.88 | 02/01/33 | 10,000 | 7,350 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 2.00 | 05/18/32 | 5,000 | 3,816 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 2.95 | 03/15/34 | 5,000 | 3,951 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.90 | 12/15/30 | 5,000 | 4,802 | ||||||||||
| American Homes 4 Rent LP | 5.50 | 02/01/34 | 5,000 | 4,827 | ||||||||||
| American Tower Corp. | 1.88 | 10/15/30 | 10,000 | 7,927 | ||||||||||
| American Tower Corp. | 2.10 | 06/15/30 | 10,000 | 8,154 | ||||||||||
| American Tower Corp. | 3.80 | 08/15/29 | 10,000 | 9,148 | ||||||||||
| American Tower Corp. | 5.45 | 02/15/34 | 5,000 | 4,862 | ||||||||||
| American Tower Corp. | 5.65 | 03/15/33 | 20,000 | 19,733 | ||||||||||
| Boston Properties LP | 3.25 | 01/30/31 | 10,000 | 8,320 | ||||||||||
| Boston Properties LP | 3.40 | 06/21/29 | 10,000 | 8,754 | ||||||||||
| Boston Properties LP | 6.50 | 01/15/34 | 10,000 | 9,999 | ||||||||||
| Brixmor Operating Partnership LP | 4.05 | 07/01/30 | 5,000 | 4,532 | ||||||||||
| Brixmor Operating Partnership LP | 4.13 | 05/15/29 | 5,000 | 4,626 | ||||||||||
| COPT Defense Properties LP | 2.75 | 04/15/31 | 5,000 | 4,026 | ||||||||||
| Crown Castle, Inc. | 2.10 | 04/01/31 | 10,000 | 7,919 | ||||||||||
| Crown Castle, Inc. | 3.30 | 07/01/30 | 10,000 | 8,690 | ||||||||||
| Crown Castle, Inc. | 5.10 | 05/01/33 | 5,000 | 4,727 | ||||||||||
| Crown Castle, Inc. | 5.60 | 06/01/29 | 10,000 | 9,946 | ||||||||||
| Crown Castle, Inc. | 5.80 | 03/01/34 | 5,000 | 4,959 | ||||||||||
| Digital Realty Trust LP | 3.60 | 07/01/29 | 10,000 | 9,065 | ||||||||||
| EPR Properties | 3.75 | 08/15/29 | 5,000 | 4,350 | ||||||||||
| Equinix, Inc. | 2.15 | 07/15/30 | 10,000 | 8,159 | ||||||||||
| Equinix, Inc. | 2.50 | 05/15/31 | 5,000 | 4,080 | ||||||||||
| Equinix, Inc. | 3.20 | 11/18/29 | 5,000 | 4,411 | ||||||||||
| Equinix, Inc. | 3.90 | 04/15/32 | 10,000 | 8,845 | ||||||||||
| Essex Portfolio LP | 3.00 | 01/15/30 | 10,000 | 8,672 | ||||||||||
| Extra Space Storage LP | 2.40 | 10/15/31 | 5,000 | 3,979 | ||||||||||
| Extra Space Storage LP | 5.90 | 01/15/31 | 10,000 | 10,056 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 3.25 | 01/15/32 | 5,000 | 4,089 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 4.00 | 01/15/31 | 5,000 | 4,377 | ||||||||||
| Healthcare Realty Holdings LP | 2.00 | 03/15/31 | 5,000 | 3,865 | ||||||||||
| Healthpeak OP LLC | 3.00 | 01/15/30 | 5,000 | 4,342 | ||||||||||
| Healthpeak OP LLC | 5.25 | 12/15/32 | 10,000 | 9,630 | ||||||||||
| Host Hotels & Resorts LP | 3.50 | 09/15/30 | 10,000 | 8,685 | ||||||||||
| Invitation Homes Operating Partnership LP | 2.00 | 08/15/31 | 5,000 | 3,867 | ||||||||||
| Invitation Homes Operating Partnership LP | 4.15 | 04/15/32 | 5,000 | 4,457 | ||||||||||
| Kimco Realty OP LLC | 3.20 | 04/01/32 | 5,000 | 4,186 | ||||||||||
| Kimco Realty OP LLC | 4.60 | 02/01/33 | 10,000 | 9,164 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.25 | 04/15/33 | 5,000 | 3,917 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.38 | 02/01/31 | 5,000 | 4,177 | ||||||||||
| Regency Centers LP | 3.70 | 06/15/30 | 5,000 | 4,502 | ||||||||||
| Sabra Health Care LP | 3.20 | 12/01/31 | 5,000 | 4,029 | ||||||||||
| Sun Communities Operating LP | 2.70 | 07/15/31 | 10,000 | 8,070 | ||||||||||
| UDR, Inc. | 3.00 | 08/15/31 | 5,000 | 4,235 | ||||||||||
The accompanying notes are an integral part of these financial statements.
125
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 7.2% (Continued) | ||||||||||||||
| Ventas Realty LP | 2.50 | 09/01/31 | $ | 5,000 | $ | 4,016 | ||||||||
| Ventas Realty LP | 4.75 | 11/15/30 | 5,000 | 4,701 | ||||||||||
| VICI Properties LP | 5.13 | 05/15/32 | 15,000 | 13,952 | ||||||||||
| Welltower OP LLC | 3.10 | 01/15/30 | 10,000 | 8,795 | ||||||||||
| Welltower OP LLC | 3.85 | 06/15/32 | 10,000 | 8,818 | ||||||||||
| Weyerhaeuser Co. | 4.00 | 04/15/30 | 15,000 | 13,828 | ||||||||||
| 352,387 | ||||||||||||||
| RETAIL – 3.5% | ||||||||||||||
| AutoNation, Inc. | 3.85 | 03/01/32 | 5,000 | 4,323 | ||||||||||
| AutoNation, Inc. | 4.75 | 06/01/30 | 5,000 | 4,693 | ||||||||||
| AutoZone, Inc. | 4.75 | 08/01/32 | 10,000 | 9,440 | ||||||||||
| AutoZone, Inc. | 4.75 | 02/01/33 | 10,000 | 9,384 | ||||||||||
| Dollar General Corp. | 3.50 | 04/03/30 | 10,000 | 8,967 | ||||||||||
| Dollar General Corp. | 5.45 | 07/05/33 | 10,000 | 9,795 | ||||||||||
| Dollar Tree, Inc. | 2.65 | 12/01/31 | 5,000 | 4,054 | ||||||||||
| Genuine Parts Co. | 2.75 | 02/01/32 | 5,000 | 4,069 | ||||||||||
| Lowe’s Cos, Inc. | 1.70 | 10/15/30 | 10,000 | 7,986 | ||||||||||
| Lowe’s Cos, Inc. | 2.63 | 04/01/31 | 5,000 | 4,194 | ||||||||||
| Lowe’s Cos, Inc. | 3.75 | 04/01/32 | 10,000 | 8,917 | ||||||||||
| Lowe’s Cos, Inc. | 4.50 | 04/15/30 | 10,000 | 9,563 | ||||||||||
| Lowe’s Cos, Inc. | 5.00 | 04/15/33 | 5,000 | 4,835 | ||||||||||
| Lowe’s Cos, Inc. | 5.15 | 07/01/33 | 5,000 | 4,887 | ||||||||||
| McDonald’s Corp. | 2.63 | 09/01/29 | 10,000 | 8,803 | ||||||||||
| McDonald’s Corp. | 3.60 | 07/01/30 | 10,000 | 9,099 | ||||||||||
| McDonald’s Corp. | 4.60 | 09/09/32 | 5,000 | 4,766 | ||||||||||
| O’Reilly Automotive, Inc. | 3.90 | 06/01/29 | 5,000 | 4,673 | ||||||||||
| O’Reilly Automotive, Inc. | 4.20 | 04/01/30 | 5,000 | 4,676 | ||||||||||
| O’Reilly Automotive, Inc. | 4.70 | 06/15/32 | 5,000 | 4,727 | ||||||||||
| Starbucks Corp. | 2.25 | 03/12/30 | 10,000 | 8,454 | ||||||||||
| Starbucks Corp. | 2.55 | 11/15/30 | 10,000 | 8,455 | ||||||||||
| Starbucks Corp. | 3.55 | 08/15/29 | 10,000 | 9,252 | ||||||||||
| Starbucks Corp. | 4.80 | 02/15/33 | 5,000 | 4,798 | ||||||||||
| Tractor Supply Co. | 1.75 | 11/01/30 | 5,000 | 3,985 | ||||||||||
| Tractor Supply Co. | 5.25 | 05/15/33 | 5,000 | 4,891 | ||||||||||
| 171,686 | ||||||||||||||
| SEMICONDUCTORS – 3.1% | ||||||||||||||
| Broadcom, Inc.(1) | 2.45 | 02/15/31 | 15,000 | 12,336 | ||||||||||
| Broadcom, Inc.(1) | 2.60 | 02/15/33 | 10,000 | 7,878 | ||||||||||
| Broadcom, Inc.(1) | 3.42 | 04/15/33 | 10,000 | 8,405 | ||||||||||
| Broadcom, Inc.(1) | 3.47 | 04/15/34 | 25,000 | 20,723 | ||||||||||
| Broadcom, Inc. | 4.15 | 11/15/30 | 10,000 | 9,239 | ||||||||||
| Broadcom, Inc.(1) | 4.15 | 04/15/32 | 10,000 | 9,020 | ||||||||||
| Broadcom, Inc. | 4.30 | 11/15/32 | 10,000 | 9,116 | ||||||||||
| Marvell Technology, Inc. | 2.95 | 04/15/31 | 5,000 | 4,206 | ||||||||||
| Marvell Technology, Inc. | 5.95 | 09/15/33 | 5,000 | 5,033 | ||||||||||
| Micron Technology, Inc. | 2.70 | 04/15/32 | 10,000 | 8,099 | ||||||||||
| Micron Technology, Inc. | 5.30 | 01/15/31 | 10,000 | 9,815 | ||||||||||
| Micron Technology, Inc. | 5.88 | 09/15/33 | 10,000 | 10,044 | ||||||||||
The accompanying notes are an integral part of these financial statements.
126
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SEMICONDUCTORS – 3.1% (Continued) | ||||||||||||||
| Micron Technology, Inc. | 6.75 | 11/01/29 | $ | 5,000 | $ | 5,258 | ||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 2.65 | 02/15/32 | 10,000 | 8,094 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.40 | 05/01/30 | 10,000 | 8,883 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 5.00 | 01/15/33 | 10,000 | 9,491 | ||||||||||
| Qorvo, Inc. | 4.38 | 10/15/29 | 5,000 | 4,620 | ||||||||||
| 150,260 | ||||||||||||||
| SOFTWARE – 3.6% | ||||||||||||||
| Autodesk, Inc. | 2.40 | 12/15/31 | 10,000 | 8,080 | ||||||||||
| Broadridge Financial Solutions, Inc. | 2.60 | 05/01/31 | 5,000 | 4,096 | ||||||||||
| Broadridge Financial Solutions, Inc. | 2.90 | 12/01/29 | 10,000 | 8,709 | ||||||||||
| Electronic Arts, Inc. | 1.85 | 02/15/31 | 5,000 | 3,996 | ||||||||||
| Fidelity National Information Services, Inc. | 5.10 | 07/15/32 | 10,000 | 9,707 | ||||||||||
| Fiserv, Inc. | 3.50 | 07/01/29 | 15,000 | 13,676 | ||||||||||
| Fiserv, Inc. | 5.60 | 03/02/33 | 5,000 | 4,957 | ||||||||||
| Fiserv, Inc. | 5.63 | 08/21/33 | 15,000 | 14,900 | ||||||||||
| Oracle Corp. | 2.88 | 03/25/31 | 25,000 | 21,155 | ||||||||||
| Oracle Corp. | 2.95 | 04/01/30 | 20,000 | 17,382 | ||||||||||
| Oracle Corp. | 4.65 | 05/06/30 | 10,000 | 9,593 | ||||||||||
| Oracle Corp. | 4.90 | 02/06/33 | 10,000 | 9,475 | ||||||||||
| Oracle Corp. | 6.25 | 11/09/32 | 10,000 | 10,380 | ||||||||||
| Roper Technologies, Inc. | 1.75 | 02/15/31 | 10,000 | 7,857 | ||||||||||
| Roper Technologies, Inc. | 2.95 | 09/15/29 | 5,000 | 4,406 | ||||||||||
| Take-Two Interactive Software, Inc. | 4.00 | 04/14/32 | 5,000 | 4,483 | ||||||||||
| VMware LLC | 2.20 | 08/15/31 | 10,000 | 7,912 | ||||||||||
| VMware LLC | 4.70 | 05/15/30 | 5,000 | 4,751 | ||||||||||
| Workday, Inc. | 3.80 | 04/01/32 | 10,000 | 8,842 | ||||||||||
| 174,357 | ||||||||||||||
| TELECOMMUNICATIONS – 8.8% | ||||||||||||||
| AT&T, Inc. | 2.25 | 02/01/32 | 10,000 | 7,900 | ||||||||||
| AT&T, Inc. | 2.55 | 12/01/33 | 20,000 | 15,450 | ||||||||||
| AT&T, Inc. | 2.75 | 06/01/31 | 25,000 | 20,928 | ||||||||||
| AT&T, Inc. | 4.30 | 02/15/30 | 10,000 | 9,412 | ||||||||||
| AT&T, Inc. | 5.40 | 02/15/34 | 20,000 | 19,568 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.10 | 05/11/33 | 5,000 | 4,801 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.20 | 02/15/34 | 5,000 | 4,789 | ||||||||||
| British Telecommunications PLC | 9.63 | 12/15/30 | 15,000 | 17,944 | ||||||||||
| Deutsche Telekom International Finance BV | 8.75 | 06/15/30 | 25,000 | 28,834 | ||||||||||
| Koninklijke KPN NV | 8.38 | 10/01/30 | 5,000 | 5,700 | ||||||||||
| Motorola Solutions, Inc. | 4.60 | 05/23/29 | 10,000 | 9,609 | ||||||||||
| Motorola Solutions, Inc. | 5.60 | 06/01/32 | 10,000 | 9,950 | ||||||||||
| Orange SA | 9.00 | 03/01/31 | 15,000 | 17,735 | ||||||||||
| Rogers Communications, Inc. | 3.80 | 03/15/32 | 15,000 | 13,095 | ||||||||||
| Rogers Communications, Inc. | 5.30 | 02/15/34 | 5,000 | 4,796 | ||||||||||
| Sprint Capital Corp. | 8.75 | 03/15/32 | 10,000 | 11,817 | ||||||||||
| Telefonica Europe BV | 8.25 | 09/15/30 | 5,000 | 5,613 | ||||||||||
| TELUS Corp. | 3.40 | 05/13/32 | 5,000 | 4,258 | ||||||||||
| T-Mobile USA, Inc. | 2.25 | 11/15/31 | 10,000 | 7,971 | ||||||||||
The accompanying notes are an integral part of these financial statements.
127
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TELECOMMUNICATIONS – 8.8% (Continued) | ||||||||||||||
| T-Mobile USA, Inc. | 2.55 | 02/15/31 | $ | 15,000 | $ | 12,453 | ||||||||
| T-Mobile USA, Inc. | 3.50 | 04/15/31 | 20,000 | 17,596 | ||||||||||
| T-Mobile USA, Inc. | 3.88 | 04/15/30 | 35,000 | 32,048 | ||||||||||
| T-Mobile USA, Inc. | 5.05 | 07/15/33 | 20,000 | 19,182 | ||||||||||
| T-Mobile USA, Inc. | 5.20 | 01/15/33 | 10,000 | 9,709 | ||||||||||
| T-Mobile USA, Inc. | 5.75 | 01/15/34 | 10,000 | 10,090 | ||||||||||
| Verizon Communications, Inc. | 1.68 | 10/30/30 | 10,000 | 7,942 | ||||||||||
| Verizon Communications, Inc. | 1.75 | 01/20/31 | 10,000 | 7,905 | ||||||||||
| Verizon Communications, Inc. | 2.36 | 03/15/32 | 25,000 | 19,953 | ||||||||||
| Verizon Communications, Inc. | 2.55 | 03/21/31 | 20,000 | 16,613 | ||||||||||
| Verizon Communications, Inc. | 3.15 | 03/22/30 | 10,000 | 8,830 | ||||||||||
| Verizon Communications, Inc. | 4.02 | 12/03/29 | 25,000 | 23,305 | ||||||||||
| Verizon Communications, Inc. | 4.50 | 08/10/33 | 10,000 | 9,240 | ||||||||||
| Verizon Communications, Inc. | 5.05 | 05/09/33 | 15,000 | 14,521 | ||||||||||
| 429,557 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.2% | ||||||||||||||
| Hasbro, Inc. | 3.90 | 11/19/29 | 10,000 | 9,112 | ||||||||||
| TRANSPORTATION – 0.9% | ||||||||||||||
| Canadian Pacific Railway Co. | 2.45 | 12/02/31 | 10,000 | 8,879 | ||||||||||
| FedEx Corp. | 2.40 | 05/15/31 | 10,000 | 8,277 | ||||||||||
| FedEx Corp. | 3.10 | 08/05/29 | 10,000 | 8,987 | ||||||||||
| Norfolk Southern Corp. | 3.00 | 03/15/32 | 5,000 | 4,225 | ||||||||||
| Norfolk Southern Corp. | 5.05 | 08/01/30 | 10,000 | 9,834 | ||||||||||
| Ryder System, Inc. | 6.60 | 12/01/33 | 5,000 | 5,256 | ||||||||||
| 45,458 | ||||||||||||||
| TRUCKING & LEASING – 0.1% | ||||||||||||||
| GATX Corp. | 4.00 | 06/30/30 | 5,000 | 4,555 | ||||||||||
| WATER – 0.5% | ||||||||||||||
| American Water Capital Corp. | 2.80 | 05/01/30 | 5,000 | 4,318 | ||||||||||
| American Water Capital Corp. | 4.45 | 06/01/32 | 10,000 | 9,356 | ||||||||||
| American Water Capital Corp. | 5.15 | 03/01/34 | 5,000 | 4,853 | ||||||||||
| Essential Utilities, Inc. | 5.38 | 01/15/34 | 5,000 | 4,821 | ||||||||||
| 23,348 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $4,954,451) | 4,819,880 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.6% | ||||||||||||||
| TIME DEPOSITS – 0.6% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 4.67 | 05/01/24 | 28,771 | 28,771 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $28,771) | 28,771 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $4,983,222) | $ | 4,848,651 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 46,304 | |||||||||||||
| NET ASSETS – 100.0% | $ | 4,894,955 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $141,885 and represents 2.9% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
128
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| ADVERTISING – 0.1% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 3.38 | 03/01/41 | $ | 5,000 | $ | 3,554 | ||||||||
| AEROSPACE/DEFENSE – 5.0% | ||||||||||||||
| Boeing Co. | 3.25 | 02/01/35 | 5,000 | 3,776 | ||||||||||
| Boeing Co. | 3.60 | 05/01/34 | 5,000 | 3,965 | ||||||||||
| Boeing Co. | 3.90 | 05/01/49 | 5,000 | 3,320 | ||||||||||
| Boeing Co. | 3.95 | 08/01/59 | 10,000 | 6,270 | ||||||||||
| Boeing Co. | 5.71 | 05/01/40 | 20,000 | 18,173 | ||||||||||
| Boeing Co. | 5.81 | 05/01/50 | 30,000 | 26,599 | ||||||||||
| Boeing Co. | 5.93 | 05/01/60 | 20,000 | 17,502 | ||||||||||
| GE Capital International Funding Co. Unlimited Co. | 4.42 | 11/15/35 | 10,000 | 9,049 | ||||||||||
| General Electric Co. | 5.88 | 01/14/38 | 10,000 | 10,160 | ||||||||||
| Howmet Aerospace, Inc. | 5.95 | 02/01/37 | 5,000 | 4,999 | ||||||||||
| L3Harris Technologies, Inc. | 5.35 | 06/01/34 | 5,000 | 4,837 | ||||||||||
| L3Harris Technologies, Inc. | 5.60 | 07/31/53 | 5,000 | 4,829 | ||||||||||
| Northrop Grumman Corp. | 4.03 | 10/15/47 | 10,000 | 7,745 | ||||||||||
| Northrop Grumman Corp. | 4.75 | 06/01/43 | 5,000 | 4,407 | ||||||||||
| Northrop Grumman Corp. | 4.90 | 06/01/34 | 5,000 | 4,769 | ||||||||||
| Northrop Grumman Corp. | 4.95 | 03/15/53 | 10,000 | 8,881 | ||||||||||
| Northrop Grumman Corp. | 5.15 | 05/01/40 | 5,000 | 4,698 | ||||||||||
| Northrop Grumman Corp. | 5.20 | 06/01/54 | 5,000 | 4,603 | ||||||||||
| Northrop Grumman Corp. | 5.25 | 05/01/50 | 5,000 | 4,656 | ||||||||||
| RTX Corp. | 2.82 | 09/01/51 | 10,000 | 5,978 | ||||||||||
| RTX Corp. | 3.13 | 07/01/50 | 5,000 | 3,224 | ||||||||||
| RTX Corp. | 3.75 | 11/01/46 | 5,000 | 3,676 | ||||||||||
| RTX Corp. | 4.35 | 04/15/47 | 10,000 | 8,088 | ||||||||||
| RTX Corp. | 4.45 | 11/16/38 | 10,000 | 8,651 | ||||||||||
| RTX Corp. | 4.50 | 06/01/42 | 20,000 | 17,012 | ||||||||||
| RTX Corp. | 4.63 | 11/16/48 | 10,000 | 8,439 | ||||||||||
| RTX Corp. | 5.38 | 02/27/53 | 10,000 | 9,343 | ||||||||||
| RTX Corp. | 5.70 | 04/15/40 | 10,000 | 9,821 | ||||||||||
| RTX Corp. | 6.40 | 03/15/54 | 10,000 | 10,737 | ||||||||||
| 238,207 | ||||||||||||||
| AGRICULTURE – 2.7% | ||||||||||||||
| Altria Group, Inc. | 3.40 | 02/04/41 | 10,000 | 7,000 | ||||||||||
| Altria Group, Inc. | 3.70 | 02/04/51 | 10,000 | 6,581 | ||||||||||
| Altria Group, Inc. | 3.88 | 09/16/46 | 5,000 | 3,541 | ||||||||||
| Altria Group, Inc. | 4.25 | 08/09/42 | 5,000 | 3,900 | ||||||||||
| Altria Group, Inc. | 4.45 | 05/06/50 | 10,000 | 7,547 | ||||||||||
| Altria Group, Inc. | 5.80 | 02/14/39 | 15,000 | 14,645 | ||||||||||
| Altria Group, Inc. | 5.95 | 02/14/49 | 20,000 | 19,302 | ||||||||||
| BAT Capital Corp. | 3.73 | 09/25/40 | 5,000 | 3,630 | ||||||||||
| BAT Capital Corp. | 3.98 | 09/25/50 | 5,000 | 3,491 | ||||||||||
| BAT Capital Corp. | 4.39 | 08/15/37 | 15,000 | 12,320 | ||||||||||
| BAT Capital Corp. | 4.54 | 08/15/47 | 15,000 | 11,233 | ||||||||||
| BAT Capital Corp. | 4.76 | 09/06/49 | 5,000 | 3,855 | ||||||||||
The accompanying notes are an integral part of these financial statements.
129
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AGRICULTURE – 2.7% (Continued) | ||||||||||||||
| BAT Capital Corp. | 5.28 | 04/02/50 | $ | 5,000 | $ | 4,147 | ||||||||
| BAT Capital Corp. | 7.08 | 08/02/43 | 5,000 | 5,201 | ||||||||||
| BAT Capital Corp. | 7.08 | 08/02/53 | 5,000 | 5,245 | ||||||||||
| Reynolds American, Inc. | 5.70 | 08/15/35 | 5,000 | 4,804 | ||||||||||
| Reynolds American, Inc. | 5.85 | 08/15/45 | 15,000 | 13,532 | ||||||||||
| 129,974 | ||||||||||||||
| AUTO MANUFACTURERS – 1.2% | ||||||||||||||
| Ford Motor Co. | 4.75 | 01/15/43 | 15,000 | 11,842 | ||||||||||
| Ford Motor Co. | 5.29 | 12/08/46 | 5,000 | 4,209 | ||||||||||
| General Motors Co. | 5.00 | 04/01/35 | 10,000 | 9,157 | ||||||||||
| General Motors Co. | 5.20 | 04/01/45 | 10,000 | 8,568 | ||||||||||
| General Motors Co. | 5.40 | 04/01/48 | 5,000 | 4,380 | ||||||||||
| General Motors Co. | 5.95 | 04/01/49 | 5,000 | 4,708 | ||||||||||
| General Motors Co. | 6.60 | 04/01/36 | 5,000 | 5,143 | ||||||||||
| General Motors Co. | 6.75 | 04/01/46 | 10,000 | 10,299 | ||||||||||
| 58,306 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.3% | ||||||||||||||
| Aptiv PLC | 3.10 | 12/01/51 | 5,000 | 2,950 | ||||||||||
| Aptiv PLC/Aptiv Corp. | 4.15 | 05/01/52 | 10,000 | 7,215 | ||||||||||
| Lear Corp. | 5.25 | 05/15/49 | 5,000 | 4,374 | ||||||||||
| 14,539 | ||||||||||||||
| BANKS – 4.0% | ||||||||||||||
| Barclays PLC | 3.33 | 11/24/42 | 15,000 | 10,507 | ||||||||||
| Barclays PLC | 3.81 | 03/10/42 | 5,000 | 3,724 | ||||||||||
| Barclays PLC | 4.95 | 01/10/47 | 5,000 | 4,361 | ||||||||||
| Barclays PLC | 5.25 | 08/17/45 | 10,000 | 9,198 | ||||||||||
| Citigroup, Inc. | 4.75 | 05/18/46 | 10,000 | 8,412 | ||||||||||
| Citigroup, Inc. | 5.30 | 05/06/44 | 10,000 | 9,253 | ||||||||||
| Citigroup, Inc. | 6.13 | 08/25/36 | 5,000 | 5,017 | ||||||||||
| Cooperatieve Rabobank UA | 5.25 | 08/04/45 | 5,000 | 4,660 | ||||||||||
| Cooperatieve Rabobank UA | 5.75 | 12/01/43 | 10,000 | 9,734 | ||||||||||
| Fifth Third Bancorp | 8.25 | 03/01/38 | 5,000 | 5,724 | ||||||||||
| Goldman Sachs Group, Inc. | 5.15 | 05/22/45 | 15,000 | 13,746 | ||||||||||
| Goldman Sachs Group, Inc. | 6.75 | 10/01/37 | 30,000 | 31,678 | ||||||||||
| HSBC Holdings PLC | 5.25 | 03/14/44 | 10,000 | 8,978 | ||||||||||
| HSBC Holdings PLC | 6.50 | 05/02/36 | 10,000 | 10,328 | ||||||||||
| HSBC Holdings PLC | 6.50 | 05/02/36 | 10,000 | 10,083 | ||||||||||
| HSBC Holdings PLC | 6.50 | 09/15/37 | 10,000 | 10,261 | ||||||||||
| HSBC Holdings PLC | 6.80 | 06/01/38 | 5,000 | 5,216 | ||||||||||
| Lloyds Banking Group PLC | 3.37 | 12/14/46 | 10,000 | 6,756 | ||||||||||
| Lloyds Banking Group PLC | 4.34 | 01/09/48 | 10,000 | 7,550 | ||||||||||
| Regions Bank/Birmingham AL | 6.45 | 06/26/37 | 5,000 | 4,941 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 2.93 | 09/17/41 | 5,000 | 3,551 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 6.18 | 07/13/43 | 5,000 | 5,282 | ||||||||||
| 188,960 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
130
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| BEVERAGES – 1.0% | ||||||||||||||
| Constellation Brands, Inc. | 3.75 | 05/01/50 | $ | 10,000 | $ | 7,181 | ||||||||
| Constellation Brands, Inc. | 5.25 | 11/15/48 | 5,000 | 4,535 | ||||||||||
| Fomento Economico Mexicano SAB de CV | 3.50 | 01/16/50 | 10,000 | 6,930 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.80 | 05/01/50 | 10,000 | 7,304 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.50 | 04/15/52 | 10,000 | 8,166 | ||||||||||
| Molson Coors Beverage Co. | 4.20 | 07/15/46 | 15,000 | 11,769 | ||||||||||
| 45,885 | ||||||||||||||
| BIOTECHNOLOGY – 4.7% | ||||||||||||||
| Amgen, Inc. | 2.80 | 08/15/41 | 5,000 | 3,426 | ||||||||||
| Amgen, Inc. | 3.00 | 01/15/52 | 10,000 | 6,334 | ||||||||||
| Amgen, Inc. | 3.15 | 02/21/40 | 10,000 | 7,300 | ||||||||||
| Amgen, Inc. | 3.38 | 02/21/50 | 10,000 | 6,841 | ||||||||||
| Amgen, Inc. | 4.40 | 05/01/45 | 10,000 | 8,214 | ||||||||||
| Amgen, Inc. | 4.40 | 02/22/62 | 10,000 | 7,700 | ||||||||||
| Amgen, Inc. | 4.56 | 06/15/48 | 10,000 | 8,279 | ||||||||||
| Amgen, Inc. | 4.66 | 06/15/51 | 25,000 | 20,828 | ||||||||||
| Amgen, Inc. | 4.88 | 03/01/53 | 5,000 | 4,285 | ||||||||||
| Amgen, Inc. | 5.15 | 11/15/41 | 5,000 | 4,591 | ||||||||||
| Amgen, Inc. | 5.60 | 03/02/43 | 20,000 | 19,310 | ||||||||||
| Amgen, Inc. | 5.65 | 03/02/53 | 25,000 | 24,069 | ||||||||||
| Amgen, Inc. | 5.75 | 03/02/63 | 15,000 | 14,345 | ||||||||||
| Biogen, Inc. | 3.15 | 05/01/50 | 10,000 | 6,301 | ||||||||||
| Biogen, Inc. | 3.25 | 02/15/51 | 10,000 | 6,475 | ||||||||||
| Gilead Sciences, Inc. | 2.80 | 10/01/50 | 10,000 | 6,100 | ||||||||||
| Gilead Sciences, Inc. | 4.00 | 09/01/36 | 5,000 | 4,299 | ||||||||||
| Gilead Sciences, Inc. | 4.15 | 03/01/47 | 10,000 | 7,893 | ||||||||||
| Gilead Sciences, Inc. | 4.50 | 02/01/45 | 15,000 | 12,624 | ||||||||||
| Gilead Sciences, Inc. | 4.60 | 09/01/35 | 5,000 | 4,611 | ||||||||||
| Gilead Sciences, Inc. | 4.75 | 03/01/46 | 10,000 | 8,676 | ||||||||||
| Gilead Sciences, Inc. | 4.80 | 04/01/44 | 10,000 | 8,796 | ||||||||||
| Gilead Sciences, Inc. | 5.55 | 10/15/53 | 10,000 | 9,723 | ||||||||||
| Regeneron Pharmaceuticals, Inc. | 2.80 | 09/15/50 | 5,000 | 2,935 | ||||||||||
| Royalty Pharma PLC | 3.30 | 09/02/40 | 15,000 | 10,588 | ||||||||||
| 224,543 | ||||||||||||||
| BUILDING MATERIALS – 0.8% | ||||||||||||||
| Carrier Global Corp. | 3.38 | 04/05/40 | 5,000 | 3,753 | ||||||||||
| Carrier Global Corp. | 3.58 | 04/05/50 | 10,000 | 7,076 | ||||||||||
| Carrier Global Corp. | 6.20 | 03/15/54 | 10,000 | 10,454 | ||||||||||
| Martin Marietta Materials, Inc. | 3.20 | 07/15/51 | 10,000 | 6,606 | ||||||||||
| Trane Technologies Global Holding Co. Ltd. | 5.75 | 06/15/43 | 5,000 | 4,980 | ||||||||||
| Vulcan Materials Co. | 4.50 | 06/15/47 | 5,000 | 4,126 | ||||||||||
| 36,995 | ||||||||||||||
| CHEMICALS – 3.0% | ||||||||||||||
| CF Industries, Inc. | 5.38 | 03/15/44 | 5,000 | 4,496 | ||||||||||
| Dow Chemical Co. | 3.60 | 11/15/50 | 5,000 | 3,447 | ||||||||||
| Dow Chemical Co. | 4.38 | 11/15/42 | 15,000 | 12,186 | ||||||||||
| Dow Chemical Co. | 5.55 | 11/30/48 | 10,000 | 9,330 | ||||||||||
The accompanying notes are an integral part of these financial statements.
131
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CHEMICALS – 3.0% (Continued) | ||||||||||||||
| Dow Chemical Co. | 6.90 | 05/15/53 | $ | 5,000 | $ | 5,495 | ||||||||
| Dow Chemical Co. | 9.40 | 05/15/39 | 5,000 | 6,494 | ||||||||||
| DuPont de Nemours, Inc. | 5.32 | 11/15/38 | 10,000 | 9,490 | ||||||||||
| DuPont de Nemours, Inc. | 5.42 | 11/15/48 | 15,000 | 14,012 | ||||||||||
| Eastman Chemical Co. | 4.65 | 10/15/44 | 10,000 | 8,147 | ||||||||||
| FMC Corp. | 6.38 | 05/18/53 | 5,000 | 4,761 | ||||||||||
| International Flavors & Fragrances, Inc. | 5.00 | 09/26/48 | 5,000 | 4,128 | ||||||||||
| LYB International Finance BV | 4.88 | 03/15/44 | 5,000 | 4,253 | ||||||||||
| LYB International Finance III LLC | 3.38 | 10/01/40 | 10,000 | 7,176 | ||||||||||
| LYB International Finance III LLC | 3.80 | 10/01/60 | 15,000 | 9,899 | ||||||||||
| LYB International Finance III LLC | 4.20 | 05/01/50 | 10,000 | 7,448 | ||||||||||
| Mosaic Co. | 5.63 | 11/15/43 | 5,000 | 4,611 | ||||||||||
| Nutrien Ltd. | 5.80 | 03/27/53 | 10,000 | 9,678 | ||||||||||
| Sherwin-Williams Co. | 3.30 | 05/15/50 | 5,000 | 3,328 | ||||||||||
| Sherwin-Williams Co. | 4.50 | 06/01/47 | 10,000 | 8,277 | ||||||||||
| Westlake Corp. | 3.13 | 08/15/51 | 10,000 | 6,075 | ||||||||||
| 142,731 | ||||||||||||||
| COMMERCIAL SERVICES – 0.4% | ||||||||||||||
| Global Payments, Inc. | 4.15 | 08/15/49 | 5,000 | 3,695 | ||||||||||
| Global Payments, Inc. | 5.95 | 08/15/52 | 5,000 | 4,783 | ||||||||||
| Moody’s Corp. | 3.75 | 02/25/52 | 15,000 | 10,975 | ||||||||||
| 19,453 | ||||||||||||||
| COMPUTERS – 0.9% | ||||||||||||||
| Dell International LLC/EMC Corp. | 8.10 | 07/15/36 | 5,000 | 5,837 | ||||||||||
| Dell International LLC/EMC Corp. | 8.35 | 07/15/46 | 10,000 | 12,436 | ||||||||||
| Hewlett Packard Enterprise Co. | 6.20 | 10/15/35 | 10,000 | 10,301 | ||||||||||
| Hewlett Packard Enterprise Co. | 6.35 | 10/15/45 | 5,000 | 5,085 | ||||||||||
| HP, Inc. | 6.00 | 09/15/41 | 5,000 | 4,964 | ||||||||||
| Kyndryl Holdings, Inc. | 4.10 | 10/15/41 | 5,000 | 3,667 | ||||||||||
| 42,290 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.1% | ||||||||||||||
| Haleon US Capital LLC | 4.00 | 03/24/52 | 5,000 | 3,840 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.6% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.85 | 10/29/41 | 10,000 | 7,556 | ||||||||||
| CI Financial Corp. | 4.10 | 06/15/51 | 5,000 | 2,939 | ||||||||||
| Jefferies Financial Group, Inc. | 6.25 | 01/15/36 | 5,000 | 4,991 | ||||||||||
| Nasdaq, Inc. | 5.95 | 08/15/53 | 10,000 | 9,901 | ||||||||||
| Nasdaq, Inc. | 6.10 | 06/28/63 | 5,000 | 5,017 | ||||||||||
| 30,404 | ||||||||||||||
| ELECTRIC – 5.3% | ||||||||||||||
| AEP Texas, Inc. | 5.25 | 05/15/52 | 5,000 | 4,409 | ||||||||||
| Appalachian Power Co. | 3.70 | 05/01/50 | 10,000 | 6,747 | ||||||||||
| Arizona Public Service Co. | 4.35 | 11/15/45 | 5,000 | 3,960 | ||||||||||
| Constellation Energy Generation LLC | 5.75 | 03/15/54 | 5,000 | 4,715 | ||||||||||
| Constellation Energy Generation LLC | 6.25 | 10/01/39 | 5,000 | 5,028 | ||||||||||
| Constellation Energy Generation LLC | 6.50 | 10/01/53 | 10,000 | 10,391 | ||||||||||
The accompanying notes are an integral part of these financial statements.
132
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 5.3% (Continued) | ||||||||||||||
| Dominion Energy, Inc. | 4.85 | 08/15/52 | $ | 5,000 | $ | 4,197 | ||||||||
| Dominion Energy, Inc. | 5.95 | 06/15/35 | 5,000 | 4,987 | ||||||||||
| Duke Energy Corp. | 3.30 | 06/15/41 | 35,000 | 24,816 | ||||||||||
| Duke Energy Corp. | 5.00 | 08/15/52 | 10,000 | 8,526 | ||||||||||
| Duke Energy Corp. | 6.10 | 09/15/53 | 5,000 | 4,995 | ||||||||||
| Emera US Finance LP | 4.75 | 06/15/46 | 5,000 | 3,911 | ||||||||||
| Eversource Energy | 3.45 | 01/15/50 | 5,000 | 3,300 | ||||||||||
| Exelon Corp. | 4.45 | 04/15/46 | 10,000 | 8,105 | ||||||||||
| Exelon Corp. | 4.70 | 04/15/50 | 10,000 | 8,321 | ||||||||||
| Exelon Corp. | 5.60 | 03/15/53 | 10,000 | 9,490 | ||||||||||
| FirstEnergy Corp. | 3.40 | 03/01/50 | 5,000 | 3,213 | ||||||||||
| FirstEnergy Corp. | 5.10 | 07/15/47 | 5,000 | 4,168 | ||||||||||
| Georgia Power Co. | 4.30 | 03/15/42 | 5,000 | 4,136 | ||||||||||
| Georgia Power Co. | 4.75 | 09/01/40 | 5,000 | 4,395 | ||||||||||
| Georgia Power Co. | 5.13 | 05/15/52 | 5,000 | 4,544 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.25 | 02/28/53 | 5,000 | 4,522 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.55 | 03/15/54 | 10,000 | 9,349 | ||||||||||
| Oglethorpe Power Corp. | 4.50 | 04/01/47 | 5,000 | 3,971 | ||||||||||
| Pacific Gas & Electric Co. | 3.30 | 08/01/40 | 15,000 | 10,465 | ||||||||||
| Pacific Gas & Electric Co. | 3.50 | 08/01/50 | 10,000 | 6,432 | ||||||||||
| Pacific Gas & Electric Co. | 4.50 | 07/01/40 | 10,000 | 8,135 | ||||||||||
| Pacific Gas & Electric Co. | 4.95 | 07/01/50 | 25,000 | 20,363 | ||||||||||
| Pacific Gas & Electric Co. | 6.70 | 04/01/53 | 10,000 | 10,286 | ||||||||||
| Pacific Gas & Electric Co. | 6.75 | 01/15/53 | 10,000 | 10,341 | ||||||||||
| Sempra | 3.80 | 02/01/38 | 10,000 | 7,946 | ||||||||||
| Sempra | 6.00 | 10/15/39 | 5,000 | 4,897 | ||||||||||
| Southern Co. | 4.40 | 07/01/46 | 20,000 | 16,285 | ||||||||||
| 249,346 | ||||||||||||||
| ELECTRONICS – 0.1% | ||||||||||||||
| Fortive Corp. | 4.30 | 06/15/46 | 5,000 | 4,013 | ||||||||||
| ENTERTAINMENT – 1.2% | ||||||||||||||
| Warnermedia Holdings, Inc. | 5.05 | 03/15/42 | 25,000 | 20,061 | ||||||||||
| Warnermedia Holdings, Inc. | 5.14 | 03/15/52 | 30,000 | 22,984 | ||||||||||
| Warnermedia Holdings, Inc. | 5.39 | 03/15/62 | 15,000 | 11,494 | ||||||||||
| 54,539 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.1% | ||||||||||||||
| Waste Connections, Inc. | 2.95 | 01/15/52 | 5,000 | 3,141 | ||||||||||
| FOOD – 2.9% | ||||||||||||||
| Campbell Soup Co. | 4.80 | 03/15/48 | 5,000 | 4,248 | ||||||||||
| Conagra Brands, Inc. | 5.30 | 11/01/38 | 10,000 | 9,163 | ||||||||||
| Conagra Brands, Inc. | 5.40 | 11/01/48 | 5,000 | 4,492 | ||||||||||
| General Mills, Inc. | 3.00 | 02/01/51 | 5,000 | 3,094 | ||||||||||
| J M Smucker Co. | 6.50 | 11/15/43 | 10,000 | 10,404 | ||||||||||
| J M Smucker Co. | 6.50 | 11/15/53 | 5,000 | 5,260 | ||||||||||
| Kraft Heinz Foods Co. | 4.38 | 06/01/46 | 15,000 | 12,040 | ||||||||||
| Kraft Heinz Foods Co. | 5.00 | 07/15/35 | 5,000 | 4,770 | ||||||||||
| Kraft Heinz Foods Co. | 5.00 | 06/04/42 | 10,000 | 8,938 | ||||||||||
The accompanying notes are an integral part of these financial statements.
133
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FOOD – 2.9% (Continued) | ||||||||||||||
| Kraft Heinz Foods Co. | 5.20 | 07/15/45 | $ | 10,000 | $ | 9,029 | ||||||||
| Kraft Heinz Foods Co. | 5.50 | 06/01/50 | 10,000 | 9,392 | ||||||||||
| Kraft Heinz Foods Co. | 6.88 | 01/26/39 | 5,000 | 5,455 | ||||||||||
| Kroger Co. | 3.95 | 01/15/50 | 10,000 | 7,512 | ||||||||||
| Kroger Co. | 4.45 | 02/01/47 | 10,000 | 8,098 | ||||||||||
| Mondelez International, Inc. | 2.63 | 09/04/50 | 5,000 | 2,958 | ||||||||||
| Sysco Corp. | 3.15 | 12/14/51 | 5,000 | 3,191 | ||||||||||
| Sysco Corp. | 3.30 | 02/15/50 | 5,000 | 3,339 | ||||||||||
| Sysco Corp. | 6.60 | 04/01/50 | 10,000 | 10,868 | ||||||||||
| Tyson Foods, Inc. | 4.55 | 06/02/47 | 10,000 | 7,900 | ||||||||||
| Tyson Foods, Inc. | 5.10 | 09/28/48 | 10,000 | 8,566 | ||||||||||
| 138,717 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.3% | ||||||||||||||
| International Paper Co. | 4.35 | 08/15/48 | 5,000 | 4,003 | ||||||||||
| International Paper Co. | 6.00 | 11/15/41 | 10,000 | 9,872 | ||||||||||
| 13,875 | ||||||||||||||
| GAS – 0.5% | ||||||||||||||
| NiSource, Inc. | 4.38 | 05/15/47 | 10,000 | 7,912 | ||||||||||
| NiSource, Inc. | 4.80 | 02/15/44 | 10,000 | 8,517 | ||||||||||
| Southern Co. Gas Capital Corp. | 3.95 | 10/01/46 | 5,000 | 3,662 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.88 | 03/15/41 | 5,000 | 4,861 | ||||||||||
| 24,952 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Stanley Black & Decker, Inc. | 2.75 | 11/15/50 | 10,000 | 5,587 | ||||||||||
| HEALTHCARE-PRODUCTS – 0.9% | ||||||||||||||
| Baxter International, Inc. | 3.13 | 12/01/51 | 5,000 | 3,074 | ||||||||||
| Boston Scientific Corp. | 4.70 | 03/01/49 | 5,000 | 4,345 | ||||||||||
| GE HealthCare Technologies, Inc. | 6.38 | 11/22/52 | 5,000 | 5,349 | ||||||||||
| Koninklijke Philips NV | 5.00 | 03/15/42 | 10,000 | 8,745 | ||||||||||
| Solventum Corp.(1) | 5.90 | 04/30/54 | 5,000 | 4,678 | ||||||||||
| Solventum Corp.(1) | 6.00 | 05/15/64 | 5,000 | 4,641 | ||||||||||
| STERIS Irish FinCo UnLtd. Co. | 3.75 | 03/15/51 | 5,000 | 3,549 | ||||||||||
| Stryker Corp. | 4.63 | 03/15/46 | 10,000 | 8,641 | ||||||||||
| 43,022 | ||||||||||||||
| HEALTHCARE-SERVICES – 3.1% | ||||||||||||||
| Aetna, Inc. | 3.88 | 08/15/47 | 5,000 | 3,591 | ||||||||||
| Aetna, Inc. | 4.13 | 11/15/42 | 10,000 | 7,739 | ||||||||||
| Aetna, Inc. | 6.63 | 06/15/36 | 5,000 | 5,262 | ||||||||||
| Elevance Health, Inc. | 3.60 | 03/15/51 | 10,000 | 7,034 | ||||||||||
| Elevance Health, Inc. | 3.70 | 09/15/49 | 10,000 | 7,211 | ||||||||||
| Elevance Health, Inc. | 4.38 | 12/01/47 | 10,000 | 8,101 | ||||||||||
| Elevance Health, Inc. | 4.63 | 05/15/42 | 5,000 | 4,336 | ||||||||||
| Elevance Health, Inc. | 4.65 | 01/15/43 | 5,000 | 4,313 | ||||||||||
| Elevance Health, Inc. | 4.65 | 08/15/44 | 10,000 | 8,535 | ||||||||||
| Elevance Health, Inc. | 5.13 | 02/15/53 | 10,000 | 9,031 | ||||||||||
| Elevance Health, Inc. | 6.10 | 10/15/52 | 5,000 | 5,135 | ||||||||||
The accompanying notes are an integral part of these financial statements.
134
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| HEALTHCARE-SERVICES – 3.1% (Continued) | ||||||||||||||
| HCA, Inc. | 3.50 | 07/15/51 | $ | 5,000 | $ | 3,253 | ||||||||
| HCA, Inc. | 4.63 | 03/15/52 | 10,000 | 7,849 | ||||||||||
| HCA, Inc. | 5.13 | 06/15/39 | 10,000 | 9,004 | ||||||||||
| HCA, Inc. | 5.25 | 06/15/49 | 10,000 | 8,658 | ||||||||||
| HCA, Inc. | 5.50 | 06/15/47 | 10,000 | 8,996 | ||||||||||
| HCA, Inc. | 5.90 | 06/01/53 | 5,000 | 4,722 | ||||||||||
| HCA, Inc. | 6.00 | 04/01/54 | 5,000 | 4,773 | ||||||||||
| HCA, Inc. | 6.10 | 04/01/64 | 10,000 | 9,484 | ||||||||||
| Humana, Inc. | 5.50 | 03/15/53 | 10,000 | 9,131 | ||||||||||
| Humana, Inc. | 5.75 | 04/15/54 | 5,000 | 4,705 | ||||||||||
| Laboratory Corp. of America Holdings | 4.70 | 02/01/45 | 5,000 | 4,264 | ||||||||||
| 145,127 | ||||||||||||||
| HOME FURNISHINGS – 0.1% | ||||||||||||||
| Whirlpool Corp. | 4.50 | 06/01/46 | 5,000 | 3,879 | ||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.1% | ||||||||||||||
| Church & Dwight Co., Inc. | 5.00 | 06/15/52 | 5,000 | 4,506 | ||||||||||
| INSURANCE – 3.5% | ||||||||||||||
| Allstate Corp. | 4.20 | 12/15/46 | 10,000 | 7,823 | ||||||||||
| Allstate Corp. | 6.50 | 05/15/57 | 5,000 | 4,986 | ||||||||||
| American Financial Group, Inc./OH | 4.50 | 06/15/47 | 5,000 | 3,957 | ||||||||||
| American International Group, Inc. | 4.38 | 06/30/50 | 10,000 | 8,126 | ||||||||||
| American International Group, Inc. | 4.50 | 07/16/44 | 5,000 | 4,213 | ||||||||||
| American International Group, Inc. | 4.80 | 07/10/45 | 10,000 | 8,789 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 3.90 | 02/28/52 | 10,000 | 7,242 | ||||||||||
| Aon Global Ltd. | 4.60 | 06/14/44 | 5,000 | 4,163 | ||||||||||
| Aon North America, Inc. | 5.75 | 03/01/54 | 15,000 | 14,530 | ||||||||||
| Arch Capital Group Ltd. | 3.64 | 06/30/50 | 10,000 | 6,933 | ||||||||||
| Arthur J Gallagher & Co. | 3.50 | 05/20/51 | 5,000 | 3,335 | ||||||||||
| Arthur J Gallagher & Co. | 5.75 | 03/02/53 | 5,000 | 4,736 | ||||||||||
| Arthur J Gallagher & Co. | 6.75 | 02/15/54 | 5,000 | 5,388 | ||||||||||
| Athene Holding Ltd. | 3.45 | 05/15/52 | 15,000 | 9,362 | ||||||||||
| Brighthouse Financial, Inc. | 4.70 | 06/22/47 | 5,000 | 3,808 | ||||||||||
| Brown & Brown, Inc. | 4.95 | 03/17/52 | 5,000 | 4,148 | ||||||||||
| Corebridge Financial, Inc. | 4.40 | 04/05/52 | 10,000 | 7,687 | ||||||||||
| Equitable Holdings, Inc. | 5.00 | 04/20/48 | 10,000 | 8,674 | ||||||||||
| Everest Reinsurance Holdings, Inc. | 3.13 | 10/15/52 | 15,000 | 9,073 | ||||||||||
| Fairfax Financial Holdings Ltd.(1) | 6.35 | 03/22/54 | 5,000 | 4,948 | ||||||||||
| Hartford Financial Services Group, Inc. | 2.90 | 09/15/51 | 5,000 | 3,066 | ||||||||||
| Hartford Financial Services Group, Inc. | 3.60 | 08/19/49 | 5,000 | 3,560 | ||||||||||
| Markel Group, Inc. | 3.45 | 05/07/52 | 10,000 | 6,531 | ||||||||||
| Markel Group, Inc. | 5.00 | 05/20/49 | 5,000 | 4,330 | ||||||||||
| MetLife, Inc. | 10.75 | 08/01/39 | 5,000 | 6,619 | ||||||||||
| MetLife, Inc. | 6.40 | 12/15/36 | 5,000 | 4,988 | ||||||||||
| Unum Group | 4.13 | 06/15/51 | 5,000 | 3,580 | ||||||||||
| 164,595 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
135
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| INTERNET – 0.2% | ||||||||||||||
| eBay, Inc. | 3.65 | 05/10/51 | $ | 5,000 | $ | 3,516 | ||||||||
| eBay, Inc. | 4.00 | 07/15/42 | 5,000 | 3,903 | ||||||||||
| 7,419 | ||||||||||||||
| INVESTMENT COMPANIES – 0.4% | ||||||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 4.38 | 02/02/52 | 5,000 | 3,474 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 6.50 | 12/01/52 | 10,000 | 9,485 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl(1) | 7.25 | 11/15/53 | 5,000 | 5,146 | ||||||||||
| 18,105 | ||||||||||||||
| IRON/STEEL – 0.4% | ||||||||||||||
| ArcelorMittal SA | 7.00 | 10/15/39 | 5,000 | 5,294 | ||||||||||
| Vale Overseas Ltd. | 6.88 | 11/21/36 | 5,000 | 5,136 | ||||||||||
| Vale Overseas Ltd. | 6.88 | 11/10/39 | 10,000 | 10,277 | ||||||||||
| 20,707 | ||||||||||||||
| LODGING – 0.1% | ||||||||||||||
| Marriott International, Inc./MD | 5.30 | 05/15/34 | 5,000 | 4,802 | ||||||||||
| MACHINERY-DIVERSIFIED – 0.1% | ||||||||||||||
| Otis Worldwide Corp. | 3.11 | 02/15/40 | 5,000 | 3,638 | ||||||||||
| Otis Worldwide Corp. | 3.36 | 02/15/50 | 5,000 | 3,415 | ||||||||||
| 7,053 | ||||||||||||||
| MEDIA – 5.4% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.50 | 06/01/41 | 10,000 | 6,404 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.50 | 03/01/42 | 5,000 | 3,171 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.70 | 04/01/51 | 10,000 | 5,856 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.85 | 04/01/61 | 10,000 | 5,594 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.90 | 06/01/52 | 15,000 | 9,048 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.95 | 06/30/62 | 10,000 | 5,690 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.40 | 12/01/61 | 15,000 | 9,300 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.80 | 03/01/50 | 15,000 | 10,501 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.13 | 07/01/49 | 10,000 | 7,345 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.25 | 04/01/53 | 10,000 | 7,523 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.38 | 04/01/38 | 5,000 | 4,139 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.38 | 05/01/47 | 15,000 | 11,494 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.50 | 04/01/63 | 5,000 | 3,717 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.75 | 04/01/48 | 10,000 | 8,061 | ||||||||||
The accompanying notes are an integral part of these financial statements.
136
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MEDIA – 5.4% (Continued) | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.38 | 10/23/35 | $ | 10,000 | $ | 9,454 | ||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.48 | 10/23/45 | 20,000 | 17,716 | ||||||||||
| Discovery Communications LLC | 4.00 | 09/15/55 | 10,000 | 6,282 | ||||||||||
| Discovery Communications LLC | 4.65 | 05/15/50 | 15,000 | 10,854 | ||||||||||
| Discovery Communications LLC | 5.20 | 09/20/47 | 10,000 | 7,846 | ||||||||||
| Discovery Communications LLC | 5.30 | 05/15/49 | 10,000 | 7,872 | ||||||||||
| Discovery Communications LLC | 6.35 | 06/01/40 | 5,000 | 4,730 | ||||||||||
| Fox Corp. | 5.48 | 01/25/39 | 5,000 | 4,585 | ||||||||||
| Fox Corp. | 5.58 | 01/25/49 | 10,000 | 8,891 | ||||||||||
| Grupo Televisa SAB | 5.00 | 05/13/45 | 15,000 | 12,059 | ||||||||||
| Grupo Televisa SAB | 5.25 | 05/24/49 | 5,000 | 4,189 | ||||||||||
| Paramount Global | 4.38 | 03/15/43 | 10,000 | 6,627 | ||||||||||
| Paramount Global | 4.60 | 01/15/45 | 10,000 | 6,723 | ||||||||||
| Paramount Global | 5.85 | 09/01/43 | 10,000 | 7,928 | ||||||||||
| Paramount Global | 6.88 | 04/30/36 | 5,000 | 4,664 | ||||||||||
| Time Warner Cable LLC | 4.50 | 09/15/42 | 5,000 | 3,520 | ||||||||||
| Time Warner Cable LLC | 5.50 | 09/01/41 | 10,000 | 7,971 | ||||||||||
| Time Warner Cable LLC | 5.88 | 11/15/40 | 10,000 | 8,284 | ||||||||||
| Time Warner Cable LLC | 6.55 | 05/01/37 | 10,000 | 9,108 | ||||||||||
| Time Warner Cable LLC | 6.75 | 06/15/39 | 5,000 | 4,583 | ||||||||||
| Time Warner Cable LLC | 7.30 | 07/01/38 | 5,000 | 4,856 | ||||||||||
| 256,585 | ||||||||||||||
| MINING – 1.4% | ||||||||||||||
| Barrick North America Finance LLC | 5.70 | 05/30/41 | 10,000 | 9,794 | ||||||||||
| Barrick North America Finance LLC | 5.75 | 05/01/43 | 5,000 | 4,922 | ||||||||||
| Freeport-McMoRan, Inc. | 5.40 | 11/14/34 | 5,000 | 4,823 | ||||||||||
| Freeport-McMoRan, Inc. | 5.45 | 03/15/43 | 10,000 | 9,189 | ||||||||||
| Newmont Corp. | 4.88 | 03/15/42 | 15,000 | 13,444 | ||||||||||
| Southern Copper Corp. | 5.25 | 11/08/42 | 10,000 | 9,125 | ||||||||||
| Southern Copper Corp. | 5.88 | 04/23/45 | 5,000 | 4,850 | ||||||||||
| Southern Copper Corp. | 6.75 | 04/16/40 | 10,000 | 10,775 | ||||||||||
| 66,922 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.2% | ||||||||||||||
| Parker-Hannifin Corp. | 4.00 | 06/14/49 | 5,000 | 3,859 | ||||||||||
| Parker-Hannifin Corp. | 4.10 | 03/01/47 | 10,000 | 7,794 | ||||||||||
| 11,653 | ||||||||||||||
| OIL & GAS – 4.3% | ||||||||||||||
| Apache Corp. | 5.10 | 09/01/40 | 10,000 | 8,328 | ||||||||||
| Canadian Natural Resources Ltd. | 4.95 | 06/01/47 | 5,000 | 4,279 | ||||||||||
| Canadian Natural Resources Ltd. | 6.25 | 03/15/38 | 5,000 | 5,042 | ||||||||||
| Cenovus Energy, Inc. | 3.75 | 02/15/52 | 10,000 | 6,946 | ||||||||||
| Continental Resources, Inc. | 4.90 | 06/01/44 | 5,000 | 4,031 | ||||||||||
| Devon Energy Corp. | 4.75 | 05/15/42 | 10,000 | 8,323 | ||||||||||
| Devon Energy Corp. | 5.60 | 07/15/41 | 5,000 | 4,626 | ||||||||||
| Diamondback Energy, Inc. | 4.25 | 03/15/52 | 5,000 | 3,845 | ||||||||||
The accompanying notes are an integral part of these financial statements.
137
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| OIL & GAS – 4.3% (Continued) | ||||||||||||||
| Diamondback Energy, Inc. | 5.75 | 04/18/54 | $ | 10,000 | $ | 9,551 | ||||||||
| Diamondback Energy, Inc. | 5.90 | 04/18/64 | 5,000 | 4,761 | ||||||||||
| Diamondback Energy, Inc. | 6.25 | 03/15/53 | 5,000 | 5,127 | ||||||||||
| Hess Corp. | 5.60 | 02/15/41 | 10,000 | 9,716 | ||||||||||
| Hess Corp. | 5.80 | 04/01/47 | 5,000 | 4,898 | ||||||||||
| Marathon Oil Corp. | 6.60 | 10/01/37 | 5,000 | 5,094 | ||||||||||
| Marathon Petroleum Corp. | 4.75 | 09/15/44 | 5,000 | 4,198 | ||||||||||
| Marathon Petroleum Corp. | 6.50 | 03/01/41 | 5,000 | 5,188 | ||||||||||
| Occidental Petroleum Corp. | 6.45 | 09/15/36 | 10,000 | 10,322 | ||||||||||
| Occidental Petroleum Corp. | 6.60 | 03/15/46 | 10,000 | 10,282 | ||||||||||
| Ovintiv, Inc. | 6.50 | 08/15/34 | 5,000 | 5,142 | ||||||||||
| Phillips 66 | 3.30 | 03/15/52 | 5,000 | 3,251 | ||||||||||
| Phillips 66 | 4.65 | 11/15/34 | 15,000 | 13,742 | ||||||||||
| Phillips 66 | 4.88 | 11/15/44 | 10,000 | 8,814 | ||||||||||
| Phillips 66 Co. | 4.90 | 10/01/46 | 10,000 | 8,682 | ||||||||||
| Suncor Energy, Inc. | 3.75 | 03/04/51 | 5,000 | 3,482 | ||||||||||
| Suncor Energy, Inc. | 6.50 | 06/15/38 | 15,000 | 15,412 | ||||||||||
| Suncor Energy, Inc. | 6.80 | 05/15/38 | 10,000 | 10,520 | ||||||||||
| Valero Energy Corp. | 4.00 | 06/01/52 | 10,000 | 7,242 | ||||||||||
| Valero Energy Corp. | 6.63 | 06/15/37 | 10,000 | 10,571 | ||||||||||
| 201,415 | ||||||||||||||
| OIL & GAS SERVICES – 0.8% | ||||||||||||||
| Halliburton Co. | 4.75 | 08/01/43 | 10,000 | 8,690 | ||||||||||
| Halliburton Co. | 4.85 | 11/15/35 | 5,000 | 4,713 | ||||||||||
| Halliburton Co. | 5.00 | 11/15/45 | 10,000 | 8,949 | ||||||||||
| Halliburton Co. | 7.45 | 09/15/39 | 10,000 | 11,577 | ||||||||||
| NOV, Inc. | 3.95 | 12/01/42 | 5,000 | 3,667 | ||||||||||
| 37,596 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.3% | ||||||||||||||
| Packaging Corp. of America | 3.05 | 10/01/51 | 5,000 | 3,166 | ||||||||||
| Smurfit Kappa Treasury ULC(1) | 5.78 | 04/03/54 | 5,000 | 4,804 | ||||||||||
| Sonoco Products Co. | 5.75 | 11/01/40 | 5,000 | 4,844 | ||||||||||
| 12,814 | ||||||||||||||
| PHARMACEUTICALS – 5.3% | ||||||||||||||
| Becton Dickinson & Co. | 3.79 | 05/20/50 | 10,000 | 7,351 | ||||||||||
| Becton Dickinson & Co. | 4.67 | 06/06/47 | 10,000 | 8,489 | ||||||||||
| Cencora, Inc. | 4.30 | 12/15/47 | 5,000 | 4,102 | ||||||||||
| Cigna Group | 3.20 | 03/15/40 | 20,000 | 14,479 | ||||||||||
| Cigna Group | 3.40 | 03/15/50 | 10,000 | 6,671 | ||||||||||
| Cigna Group | 3.40 | 03/15/51 | 10,000 | 6,643 | ||||||||||
| Cigna Group | 4.80 | 08/15/38 | 10,000 | 8,963 | ||||||||||
| Cigna Group | 4.80 | 07/15/46 | 10,000 | 8,560 | ||||||||||
| Cigna Group | 4.90 | 12/15/48 | 15,000 | 12,908 | ||||||||||
| CVS Health Corp. | 2.70 | 08/21/40 | 10,000 | 6,545 | ||||||||||
| CVS Health Corp. | 4.78 | 03/25/38 | 30,000 | 26,429 | ||||||||||
| CVS Health Corp. | 4.88 | 07/20/35 | 5,000 | 4,598 | ||||||||||
The accompanying notes are an integral part of these financial statements.
138
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PHARMACEUTICALS – 5.3% (Continued) | ||||||||||||||
| CVS Health Corp. | 5.05 | 03/25/48 | $ | 40,000 | $ | 34,174 | ||||||||
| CVS Health Corp. | 5.13 | 07/20/45 | 20,000 | 17,382 | ||||||||||
| CVS Health Corp. | 5.30 | 12/05/43 | 10,000 | 9,003 | ||||||||||
| CVS Health Corp. | 5.63 | 02/21/53 | 5,000 | 4,619 | ||||||||||
| CVS Health Corp. | 5.88 | 06/01/53 | 10,000 | 9,545 | ||||||||||
| CVS Health Corp. | 6.00 | 06/01/63 | 5,000 | 4,789 | ||||||||||
| Mylan, Inc. | 5.20 | 04/15/48 | 5,000 | 3,945 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.03 | 07/09/40 | 10,000 | 7,145 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.18 | 07/09/50 | 20,000 | 13,020 | ||||||||||
| Utah Acquisition Sub, Inc. | 5.25 | 06/15/46 | 10,000 | 8,000 | ||||||||||
| Viatris, Inc. | 3.85 | 06/22/40 | 10,000 | 7,077 | ||||||||||
| Viatris, Inc. | 4.00 | 06/22/50 | 10,000 | 6,547 | ||||||||||
| Zoetis, Inc. | 4.70 | 02/01/43 | 10,000 | 8,714 | ||||||||||
| 249,698 | ||||||||||||||
| PIPELINES – 8.2% | ||||||||||||||
| Cheniere Corpus Christi Holdings LLC | 2.74 | 12/31/39 | 5,000 | 3,962 | ||||||||||
| Enbridge Energy Partners LP | 5.50 | 09/15/40 | 5,000 | 4,648 | ||||||||||
| Enbridge Energy Partners LP | 7.38 | 10/15/45 | 5,000 | 5,578 | ||||||||||
| Enbridge, Inc. | 3.40 | 08/01/51 | 15,000 | 9,849 | ||||||||||
| Enbridge, Inc. | 6.70 | 11/15/53 | 10,000 | 10,705 | ||||||||||
| Energy Transfer LP | 5.00 | 05/15/50 | 10,000 | 8,307 | ||||||||||
| Energy Transfer LP | 5.15 | 03/15/45 | 5,000 | 4,300 | ||||||||||
| Energy Transfer LP | 5.35 | 05/15/45 | 5,000 | 4,398 | ||||||||||
| Energy Transfer LP | 5.40 | 10/01/47 | 10,000 | 8,781 | ||||||||||
| Energy Transfer LP | 5.55 | 05/15/34 | 10,000 | 9,733 | ||||||||||
| Energy Transfer LP | 5.95 | 05/15/54 | 10,000 | 9,434 | ||||||||||
| Energy Transfer LP | 6.13 | 12/15/45 | 10,000 | 9,614 | ||||||||||
| Energy Transfer LP | 6.25 | 04/15/49 | 15,000 | 14,646 | ||||||||||
| Energy Transfer LP | 6.50 | 02/01/42 | 5,000 | 5,077 | ||||||||||
| Energy Transfer LP | 7.50 | 07/01/38 | 15,000 | 16,593 | ||||||||||
| EnLink Midstream Partners LP | 5.45 | 06/01/47 | 5,000 | 4,245 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.00 | 03/01/43 | 10,000 | 8,554 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.50 | 03/01/44 | 10,000 | 9,067 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.80 | 03/15/35 | 5,000 | 4,919 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.95 | 01/15/38 | 5,000 | 5,333 | ||||||||||
| Kinder Morgan, Inc. | 3.60 | 02/15/51 | 5,000 | 3,335 | ||||||||||
| Kinder Morgan, Inc. | 5.05 | 02/15/46 | 5,000 | 4,269 | ||||||||||
| Kinder Morgan, Inc. | 5.20 | 03/01/48 | 5,000 | 4,319 | ||||||||||
| Kinder Morgan, Inc. | 5.30 | 12/01/34 | 5,000 | 4,781 | ||||||||||
| Kinder Morgan, Inc. | 5.45 | 08/01/52 | 5,000 | 4,519 | ||||||||||
| Kinder Morgan, Inc. | 5.55 | 06/01/45 | 15,000 | 13,757 | ||||||||||
| MPLX LP | 4.50 | 04/15/38 | 5,000 | 4,277 | ||||||||||
| MPLX LP | 4.70 | 04/15/48 | 10,000 | 8,172 | ||||||||||
| MPLX LP | 4.95 | 03/14/52 | 10,000 | 8,361 | ||||||||||
| MPLX LP | 5.20 | 03/01/47 | 5,000 | 4,380 | ||||||||||
| MPLX LP | 5.50 | 02/15/49 | 15,000 | 13,637 | ||||||||||
| ONEOK Partners LP | 6.85 | 10/15/37 | 10,000 | 10,516 | ||||||||||
| ONEOK, Inc. | 4.20 | 10/03/47 | 10,000 | 7,503 | ||||||||||
The accompanying notes are an integral part of these financial statements.
139
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PIPELINES – 8.2% (Continued) | ||||||||||||||
| ONEOK, Inc. | 4.45 | 09/01/49 | $ | 10,000 | $ | 7,702 | ||||||||
| ONEOK, Inc. | 5.15 | 10/15/43 | 5,000 | 4,378 | ||||||||||
| ONEOK, Inc. | 5.20 | 07/15/48 | 5,000 | 4,342 | ||||||||||
| ONEOK, Inc. | 6.63 | 09/01/53 | 10,000 | 10,448 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 6.65 | 01/15/37 | 10,000 | 10,330 | ||||||||||
| Spectra Energy Partners LP | 4.50 | 03/15/45 | 5,000 | 4,004 | ||||||||||
| Targa Resources Corp. | 4.95 | 04/15/52 | 5,000 | 4,172 | ||||||||||
| Targa Resources Corp. | 6.50 | 02/15/53 | 5,000 | 5,131 | ||||||||||
| TransCanada PipeLines Ltd. | 4.75 | 05/15/38 | 15,000 | 13,181 | ||||||||||
| TransCanada PipeLines Ltd. | 4.88 | 05/15/48 | 10,000 | 8,403 | ||||||||||
| TransCanada PipeLines Ltd. | 5.10 | 03/15/49 | 10,000 | 8,749 | ||||||||||
| TransCanada PipeLines Ltd. | 6.20 | 10/15/37 | 10,000 | 10,038 | ||||||||||
| Western Midstream Operating LP | 5.25 | 02/01/50 | 5,000 | 4,244 | ||||||||||
| Western Midstream Operating LP | 5.30 | 03/01/48 | 10,000 | 8,346 | ||||||||||
| Williams Cos, Inc. | 3.50 | 10/15/51 | 5,000 | 3,353 | ||||||||||
| Williams Cos, Inc. | 5.10 | 09/15/45 | 5,000 | 4,407 | ||||||||||
| Williams Cos, Inc. | 5.30 | 08/15/52 | 20,000 | 18,064 | ||||||||||
| Williams Cos, Inc. | 6.30 | 04/15/40 | 10,000 | 10,138 | ||||||||||
| 388,999 | ||||||||||||||
| REAL ESTATE – 0.1% | ||||||||||||||
| CBRE Services, Inc. | 5.95 | 08/15/34 | 5,000 | 4,975 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 1.3% | ||||||||||||||
| Alexandria Real Estate Equities, Inc. | 3.55 | 03/15/52 | 5,000 | 3,291 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.75 | 04/15/35 | 5,000 | 4,556 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.15 | 04/15/53 | 5,000 | 4,305 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.63 | 05/15/54 | 5,000 | 4,605 | ||||||||||
| American Tower Corp. | 3.10 | 06/15/50 | 15,000 | 9,366 | ||||||||||
| Crown Castle, Inc. | 2.90 | 04/01/41 | 10,000 | 6,707 | ||||||||||
| Crown Castle, Inc. | 3.25 | 01/15/51 | 5,000 | 3,210 | ||||||||||
| Crown Castle, Inc. | 4.15 | 07/01/50 | 5,000 | 3,763 | ||||||||||
| Equinix, Inc. | 2.95 | 09/15/51 | 5,000 | 2,995 | ||||||||||
| Equinix, Inc. | 3.00 | 07/15/50 | 5,000 | 3,061 | ||||||||||
| Federal Realty OP LP | 4.50 | 12/01/44 | 5,000 | 3,972 | ||||||||||
| Kimco Realty OP LLC | 4.25 | 04/01/45 | 5,000 | 3,818 | ||||||||||
| VICI Properties LP | 5.63 | 05/15/52 | 5,000 | 4,370 | ||||||||||
| VICI Properties LP | 6.13 | 04/01/54 | 5,000 | 4,674 | ||||||||||
| 62,693 | ||||||||||||||
| RETAIL – 3.0% | ||||||||||||||
| Dick’s Sporting Goods, Inc. | 4.10 | 01/15/52 | 5,000 | 3,399 | ||||||||||
| Lowe’s Cos, Inc. | 2.80 | 09/15/41 | 5,000 | 3,379 | ||||||||||
| Lowe’s Cos, Inc. | 3.00 | 10/15/50 | 10,000 | 6,155 | ||||||||||
| Lowe’s Cos, Inc. | 3.70 | 04/15/46 | 10,000 | 7,239 | ||||||||||
| Lowe’s Cos, Inc. | 4.05 | 05/03/47 | 10,000 | 7,603 | ||||||||||
| Lowe’s Cos, Inc. | 4.25 | 04/01/52 | 5,000 | 3,869 | ||||||||||
| Lowe’s Cos, Inc. | 4.45 | 04/01/62 | 10,000 | 7,661 | ||||||||||
| Lowe’s Cos, Inc. | 5.63 | 04/15/53 | 10,000 | 9,555 | ||||||||||
| Lowe’s Cos, Inc. | 5.75 | 07/01/53 | 10,000 | 9,735 | ||||||||||
The accompanying notes are an integral part of these financial statements.
140
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| RETAIL – 3.0% (Continued) | ||||||||||||||
| Lowe’s Cos, Inc. | 5.80 | 09/15/62 | $ | 5,000 | $ | 4,803 | ||||||||
| McDonald’s Corp. | 3.63 | 09/01/49 | 10,000 | 7,157 | ||||||||||
| McDonald’s Corp. | 4.45 | 03/01/47 | 5,000 | 4,127 | ||||||||||
| McDonald’s Corp. | 4.60 | 05/26/45 | 5,000 | 4,270 | ||||||||||
| McDonald’s Corp. | 4.70 | 12/09/35 | 5,000 | 4,660 | ||||||||||
| McDonald’s Corp. | 4.88 | 12/09/45 | 10,000 | 8,838 | ||||||||||
| McDonald’s Corp. | 5.15 | 09/09/52 | 10,000 | 9,139 | ||||||||||
| McDonald’s Corp. | 5.45 | 08/14/53 | 5,000 | 4,772 | ||||||||||
| McDonald’s Corp. | 6.30 | 10/15/37 | 5,000 | 5,265 | ||||||||||
| McDonald’s Corp. | 6.30 | 03/01/38 | 10,000 | 10,542 | ||||||||||
| Starbucks Corp. | 3.50 | 11/15/50 | 10,000 | 6,977 | ||||||||||
| Starbucks Corp. | 4.45 | 08/15/49 | 5,000 | 4,085 | ||||||||||
| Starbucks Corp. | 4.50 | 11/15/48 | 10,000 | 8,282 | ||||||||||
| 141,512 | ||||||||||||||
| SEMICONDUCTORS – 1.5% | ||||||||||||||
| Broadcom, Inc.(1) | 3.14 | 11/15/35 | 20,000 | 15,545 | ||||||||||
| Broadcom, Inc.(1) | 3.19 | 11/15/36 | 15,000 | 11,518 | ||||||||||
| Broadcom, Inc.(1) | 3.50 | 02/15/41 | 15,000 | 11,153 | ||||||||||
| Broadcom, Inc.(1) | 3.75 | 02/15/51 | 10,000 | 7,176 | ||||||||||
| Broadcom, Inc.(1) | 4.93 | 05/15/37 | 15,000 | 13,725 | ||||||||||
| Micron Technology, Inc. | 3.37 | 11/01/41 | 5,000 | 3,552 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.25 | 05/11/41 | 10,000 | 7,066 | ||||||||||
| 69,735 | ||||||||||||||
| SOFTWARE – 4.5% | ||||||||||||||
| Electronic Arts, Inc. | 2.95 | 02/15/51 | 5,000 | 3,136 | ||||||||||
| Fidelity National Information Services, Inc. | 3.10 | 03/01/41 | 5,000 | 3,481 | ||||||||||
| Fiserv, Inc. | 4.40 | 07/01/49 | 10,000 | 8,005 | ||||||||||
| Oracle Corp. | 3.60 | 04/01/40 | 15,000 | 11,244 | ||||||||||
| Oracle Corp. | 3.60 | 04/01/50 | 30,000 | 20,316 | ||||||||||
| Oracle Corp. | 3.65 | 03/25/41 | 10,000 | 7,463 | ||||||||||
| Oracle Corp. | 3.80 | 11/15/37 | 15,000 | 12,022 | ||||||||||
| Oracle Corp. | 3.85 | 07/15/36 | 10,000 | 8,197 | ||||||||||
| Oracle Corp. | 3.85 | 04/01/60 | 15,000 | 10,001 | ||||||||||
| Oracle Corp. | 3.90 | 05/15/35 | 10,000 | 8,444 | ||||||||||
| Oracle Corp. | 3.95 | 03/25/51 | 20,000 | 14,316 | ||||||||||
| Oracle Corp. | 4.00 | 07/15/46 | 15,000 | 11,121 | ||||||||||
| Oracle Corp. | 4.00 | 11/15/47 | 10,000 | 7,337 | ||||||||||
| Oracle Corp. | 4.10 | 03/25/61 | 15,000 | 10,476 | ||||||||||
| Oracle Corp. | 4.13 | 05/15/45 | 15,000 | 11,447 | ||||||||||
| Oracle Corp. | 4.30 | 07/08/34 | 10,000 | 8,888 | ||||||||||
| Oracle Corp. | 4.38 | 05/15/55 | 5,000 | 3,783 | ||||||||||
| Oracle Corp. | 4.50 | 07/08/44 | 10,000 | 8,089 | ||||||||||
| Oracle Corp. | 5.38 | 07/15/40 | 10,000 | 9,234 | ||||||||||
| Oracle Corp. | 5.55 | 02/06/53 | 10,000 | 9,195 | ||||||||||
| Oracle Corp. | 6.13 | 07/08/39 | 10,000 | 10,055 | ||||||||||
| Oracle Corp. | 6.50 | 04/15/38 | 5,000 | 5,212 | ||||||||||
| Oracle Corp. | 6.90 | 11/09/52 | 10,000 | 10,848 | ||||||||||
| 212,310 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
141
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TELECOMMUNICATIONS – 14.2% | ||||||||||||||
| AT&T, Inc. | 3.50 | 06/01/41 | $ | 15,000 | $ | 11,143 | ||||||||
| AT&T, Inc. | 3.50 | 09/15/53 | 45,000 | 29,674 | ||||||||||
| AT&T, Inc. | 3.55 | 09/15/55 | 45,000 | 29,375 | ||||||||||
| AT&T, Inc. | 3.65 | 06/01/51 | 25,000 | 17,231 | ||||||||||
| AT&T, Inc. | 3.65 | 09/15/59 | 40,000 | 25,982 | ||||||||||
| AT&T, Inc. | 3.80 | 12/01/57 | 30,000 | 20,293 | ||||||||||
| AT&T, Inc. | 3.85 | 06/01/60 | 10,000 | 6,788 | ||||||||||
| AT&T, Inc. | 4.30 | 12/15/42 | 10,000 | 8,118 | ||||||||||
| AT&T, Inc. | 4.35 | 06/15/45 | 5,000 | 4,048 | ||||||||||
| AT&T, Inc. | 4.50 | 05/15/35 | 15,000 | 13,475 | ||||||||||
| AT&T, Inc. | 4.50 | 03/09/48 | 10,000 | 8,057 | ||||||||||
| AT&T, Inc. | 4.55 | 03/09/49 | 5,000 | 4,064 | ||||||||||
| AT&T, Inc. | 4.75 | 05/15/46 | 10,000 | 8,484 | ||||||||||
| AT&T, Inc. | 4.85 | 03/01/39 | 10,000 | 8,918 | ||||||||||
| AT&T, Inc. | 4.90 | 08/15/37 | 5,000 | 4,549 | ||||||||||
| AT&T, Inc. | 5.15 | 11/15/46 | 5,000 | 4,493 | ||||||||||
| AT&T, Inc. | 5.25 | 03/01/37 | 5,000 | 4,755 | ||||||||||
| AT&T, Inc. | 5.35 | 09/01/40 | 10,000 | 9,335 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 3.65 | 08/15/52 | 5,000 | 3,490 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 4.30 | 07/29/49 | 5,000 | 3,966 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 4.46 | 04/01/48 | 10,000 | 8,139 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 5.55 | 02/15/54 | 5,000 | 4,704 | ||||||||||
| Corning, Inc. | 5.35 | 11/15/48 | 10,000 | 9,185 | ||||||||||
| Corning, Inc. | 5.45 | 11/15/79 | 5,000 | 4,431 | ||||||||||
| Nokia OYJ | 6.63 | 05/15/39 | 5,000 | 4,749 | ||||||||||
| Orange SA | 5.38 | 01/13/42 | 5,000 | 4,715 | ||||||||||
| Orange SA | 5.50 | 02/06/44 | 5,000 | 4,775 | ||||||||||
| Rogers Communications, Inc. | 3.70 | 11/15/49 | 5,000 | 3,456 | ||||||||||
| Rogers Communications, Inc. | 4.35 | 05/01/49 | 5,000 | 3,861 | ||||||||||
| Rogers Communications, Inc. | 4.50 | 03/15/42 | 5,000 | 4,121 | ||||||||||
| Rogers Communications, Inc. | 4.55 | 03/15/52 | 10,000 | 7,914 | ||||||||||
| Rogers Communications, Inc. | 5.00 | 03/15/44 | 10,000 | 8,659 | ||||||||||
| Rogers Communications, Inc. | 5.45 | 10/01/43 | 10,000 | 9,181 | ||||||||||
| Telefonica Emisiones SA | 4.90 | 03/06/48 | 10,000 | 8,312 | ||||||||||
| Telefonica Emisiones SA | 5.21 | 03/08/47 | 10,000 | 8,659 | ||||||||||
| Telefonica Emisiones SA | 5.52 | 03/01/49 | 10,000 | 9,068 | ||||||||||
| Telefonica Emisiones SA | 7.05 | 06/20/36 | 10,000 | 10,727 | ||||||||||
| TELUS Corp. | 4.30 | 06/15/49 | 5,000 | 3,863 | ||||||||||
| TELUS Corp. | 4.60 | 11/16/48 | 5,000 | 4,103 | ||||||||||
| T-Mobile USA, Inc. | 3.00 | 02/15/41 | 10,000 | 7,001 | ||||||||||
| T-Mobile USA, Inc. | 3.30 | 02/15/51 | 20,000 | 13,139 | ||||||||||
| T-Mobile USA, Inc. | 3.40 | 10/15/52 | 15,000 | 9,915 | ||||||||||
| T-Mobile USA, Inc. | 3.60 | 11/15/60 | 10,000 | 6,565 | ||||||||||
| T-Mobile USA, Inc. | 4.38 | 04/15/40 | 10,000 | 8,523 | ||||||||||
| T-Mobile USA, Inc. | 4.50 | 04/15/50 | 15,000 | 12,213 | ||||||||||
| T-Mobile USA, Inc. | 5.50 | 01/15/55 | 10,000 | 9,399 | ||||||||||
| T-Mobile USA, Inc. | 5.65 | 01/15/53 | 10,000 | 9,597 | ||||||||||
| T-Mobile USA, Inc. | 5.75 | 01/15/54 | 10,000 | 9,705 | ||||||||||
The accompanying notes are an integral part of these financial statements.
142
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| TELECOMMUNICATIONS – 14.2% (Continued) | ||||||||||||||
| T-Mobile USA, Inc. | 5.80 | 09/15/62 | $ | 5,000 | $ | 4,860 | ||||||||
| Verizon Communications, Inc. | 2.65 | 11/20/40 | 20,000 | 13,378 | ||||||||||
| Verizon Communications, Inc. | 2.88 | 11/20/50 | 15,000 | 9,156 | ||||||||||
| Verizon Communications, Inc. | 2.99 | 10/30/56 | 20,000 | 11,858 | ||||||||||
| Verizon Communications, Inc. | 3.00 | 11/20/60 | 10,000 | 5,801 | ||||||||||
| Verizon Communications, Inc. | 3.40 | 03/22/41 | 25,000 | 18,632 | ||||||||||
| Verizon Communications, Inc. | 3.55 | 03/22/51 | 30,000 | 20,940 | ||||||||||
| Verizon Communications, Inc. | 3.70 | 03/22/61 | 25,000 | 17,082 | ||||||||||
| Verizon Communications, Inc. | 3.88 | 03/01/52 | 10,000 | 7,384 | ||||||||||
| Verizon Communications, Inc. | 4.00 | 03/22/50 | 10,000 | 7,598 | ||||||||||
| Verizon Communications, Inc. | 4.13 | 08/15/46 | 10,000 | 7,896 | ||||||||||
| Verizon Communications, Inc. | 4.27 | 01/15/36 | 10,000 | 8,860 | ||||||||||
| Verizon Communications, Inc. | 4.40 | 11/01/34 | 15,000 | 13,615 | ||||||||||
| Verizon Communications, Inc. | 4.81 | 03/15/39 | 10,000 | 9,054 | ||||||||||
| Verizon Communications, Inc. | 4.86 | 08/21/46 | 15,000 | 13,261 | ||||||||||
| Verizon Communications, Inc. | 5.01 | 08/21/54 | 5,000 | 4,436 | ||||||||||
| Verizon Communications, Inc. | 5.25 | 03/16/37 | 5,000 | 4,831 | ||||||||||
| Verizon Communications, Inc. | 5.50 | 02/23/54 | 5,000 | 4,758 | ||||||||||
| Vodafone Group PLC | 4.38 | 02/19/43 | 10,000 | 8,184 | ||||||||||
| Vodafone Group PLC | 5.25 | 05/30/48 | 10,000 | 9,023 | ||||||||||
| Vodafone Group PLC | 5.63 | 02/10/53 | 10,000 | 9,372 | ||||||||||
| Vodafone Group PLC | 5.75 | 02/10/63 | 10,000 | 9,457 | ||||||||||
| Vodafone Group PLC | 6.15 | 02/27/37 | 15,000 | 15,320 | ||||||||||
| 669,673 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.1% | ||||||||||||||
| Hasbro, Inc. | 6.35 | 03/15/40 | 5,000 | 4,983 | ||||||||||
| TRANSPORTATION – 2.5% | ||||||||||||||
| Canadian Pacific Railway Co. | 3.00 | 12/02/41 | 10,000 | 8,443 | ||||||||||
| Canadian Pacific Railway Co. | 3.10 | 12/02/51 | 15,000 | 9,639 | ||||||||||
| Canadian Pacific Railway Co. | 4.80 | 08/01/45 | 5,000 | 4,374 | ||||||||||
| Canadian Pacific Railway Co. | 6.13 | 09/15/15 | 5,000 | 4,952 | ||||||||||
| FedEx Corp. | 3.25 | 05/15/41 | 10,000 | 7,089 | ||||||||||
| FedEx Corp. | 4.05 | 02/15/48 | 10,000 | 7,492 | ||||||||||
| FedEx Corp. | 4.55 | 04/01/46 | 10,000 | 8,152 | ||||||||||
| FedEx Corp. | 4.75 | 11/15/45 | 10,000 | 8,403 | ||||||||||
| FedEx Corp. | 5.10 | 01/15/44 | 5,000 | 4,445 | ||||||||||
| FedEx Corp. | 5.25 | 05/15/50 | 10,000 | 9,045 | ||||||||||
| Norfolk Southern Corp. | 3.16 | 05/15/55 | 10,000 | 6,195 | ||||||||||
| Norfolk Southern Corp. | 3.94 | 11/01/47 | 10,000 | 7,547 | ||||||||||
| Norfolk Southern Corp. | 4.45 | 06/15/45 | 10,000 | 8,301 | ||||||||||
| Norfolk Southern Corp. | 4.55 | 06/01/53 | 15,000 | 12,418 | ||||||||||
| Norfolk Southern Corp. | 5.35 | 08/01/54 | 5,000 | 4,666 | ||||||||||
| Norfolk Southern Corp. | 5.95 | 03/15/64 | 5,000 | 5,008 | ||||||||||
| 116,169 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
143
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| WATER – 0.7% | ||||||||||||||
| American Water Capital Corp. | 3.25 | 06/01/51 | $ | 5,000 | $ | 3,366 | ||||||||
| American Water Capital Corp. | 3.45 | 05/01/50 | 5,000 | 3,465 | ||||||||||
| American Water Capital Corp. | 3.75 | 09/01/47 | 5,000 | 3,722 | ||||||||||
| American Water Capital Corp. | 4.20 | 09/01/48 | 15,000 | 12,007 | ||||||||||
| Essential Utilities, Inc. | 5.30 | 05/01/52 | 10,000 | 8,882 | ||||||||||
| 31,442 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $4,845,536) | 4,632,240 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.7% | ||||||||||||||
| TIME DEPOSITS – 0.7% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | 34,384 | 34,384 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $34,384) | 34,384 | |||||||||||||
| TOTAL INVESTMENTS – 98.7% (Cost - $4,879,920) | $ | 4,666,624 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.3% | 62,683 | |||||||||||||
| NET ASSETS – 100.0% | $ | 4,729,307 | ||||||||||||
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $83,334 and represents 1.8% 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.
144
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| CORPORATE BONDS – 11.3% | ||||||||||||||
| BANKS – 0.3% | ||||||||||||||
| Banco Nacional de Comercio Exterior SNC/Cayman Islands | 4.38 | 10/14/25 | $ | 200,000 | $ | 196,562 | ||||||||
| Banco Nacional de Panama | 2.50 | 08/11/30 | 525,000 | 399,284 | ||||||||||
| 595,846 | ||||||||||||||
| CHEMICALS – 0.3% | ||||||||||||||
| CNAC HK Finbridge Co. Ltd. | 3.00 | 09/22/30 | 200,000 | 172,375 | ||||||||||
| CNAC HK Finbridge Co. Ltd. | 4.13 | 07/19/27 | 200,000 | 191,750 | ||||||||||
| CNAC HK Finbridge Co. Ltd. | 5.13 | 03/14/28 | 300,000 | 296,265 | ||||||||||
| 660,390 | ||||||||||||||
| COMMERCIAL SERVICES – 0.4% | ||||||||||||||
| DP World Crescent Ltd. | 3.88 | 07/18/29 | 200,000 | 184,344 | ||||||||||
| DP World Crescent Ltd. | 4.85 | 09/26/28 | 200,000 | 194,187 | ||||||||||
| DP World Crescent Ltd. | 5.50 | 09/13/33 | 200,000 | 196,438 | ||||||||||
| Pelabuhan Indonesia Persero PT | 4.25 | 05/05/25 | 200,000 | 197,219 | ||||||||||
| 772,188 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.2% | ||||||||||||||
| Power Sector Assets & Liabilities Management Corp. | 7.39 | 12/02/24 | 425,000 | 429,781 | ||||||||||
| ELECTRIC – 1.3% | ||||||||||||||
| Comision Federal de Electricidad | 4.69 | 05/15/29 | 200,000 | 184,614 | ||||||||||
| Eskom Holdings SOC Ltd. | 6.35 | 08/10/28 | 450,000 | 426,938 | ||||||||||
| Eskom Holdings SOC Ltd. | 7.13 | 02/11/25 | 550,000 | 547,938 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 4.13 | 05/15/27 | 275,000 | 262,625 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | 5.45 | 05/21/28 | 200,000 | 197,296 | ||||||||||
| SPIC MTN Co. Ltd. | 1.63 | 07/27/25 | 225,000 | 213,820 | ||||||||||
| State Grid Overseas Investment BVI Ltd. | 1.63 | 08/05/30 | 225,000 | 184,466 | ||||||||||
| State Grid Overseas Investment BVI Ltd. | 3.50 | 05/04/27 | 600,000 | 572,211 | ||||||||||
| Three Gorges Finance I Cayman Islands Ltd. | 3.15 | 06/02/26 | 225,000 | 215,388 | ||||||||||
| 2,805,296 | ||||||||||||||
| INSURANCE – 0.2% | ||||||||||||||
| China Life Insurance Overseas Co. Ltd./Hong Kong | 5.35 | 08/15/33 | 350,000 | 348,367 | ||||||||||
| INVESTMENT COMPANIES – 1.7% | ||||||||||||||
| Gaci First Investment Co. | 4.75 | 02/14/30 | 200,000 | 191,875 | ||||||||||
| Gaci First Investment Co. | 5.00 | 10/13/27 | 250,000 | 246,563 | ||||||||||
| Gaci First Investment Co. | 5.00 | 01/29/29 | 250,000 | 243,672 | ||||||||||
| Gaci First Investment Co. | 5.25 | 10/13/32 | 300,000 | 294,656 | ||||||||||
| Gaci First Investment Co. | 5.25 | 01/29/34 | 450,000 | 431,016 | ||||||||||
| MDGH GMTN RSC Ltd. | 2.50 | 05/21/26 | 275,000 | 258,848 | ||||||||||
| MDGH GMTN RSC Ltd. | 2.88 | 11/07/29 | 225,000 | 198,984 | ||||||||||
| MDGH GMTN RSC Ltd. | 2.88 | 05/21/30 | 200,000 | 174,625 | ||||||||||
| MDGH GMTN RSC Ltd. | 3.38 | 03/28/32 | 200,000 | 175,438 | ||||||||||
| MDGH GMTN RSC Ltd. | 4.38 | 11/22/33 | 200,000 | 184,563 | ||||||||||
| MDGH GMTN RSC Ltd. | 5.50 | 04/28/33 | 200,000 | 201,437 | ||||||||||
| Suci Second Investment Co. | 5.17 | 03/05/31 | 300,000 | 292,875 | ||||||||||
| Suci Second Investment Co. | 6.00 | 10/25/28 | 400,000 | 407,750 | ||||||||||
| Suci Second Investment Co. | 6.25 | 10/25/33 | 200,000 | 212,250 | ||||||||||
| 3,514,552 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
145
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| MINING – 0.7% | ||||||||||||||
| Corp. Nacional del Cobre de Chile | 3.00 | 09/30/29 | $ | 325,000 | $ | 282,344 | ||||||||
| Corp. Nacional del Cobre de Chile | 3.15 | 01/14/30 | 350,000 | 303,078 | ||||||||||
| Corp. Nacional del Cobre de Chile | 3.63 | 08/01/27 | 325,000 | 303,773 | ||||||||||
| Corp. Nacional del Cobre de Chile | 5.95 | 01/08/34 | 250,000 | 243,359 | ||||||||||
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT | 4.75 | 05/15/25 | 200,000 | 197,619 | ||||||||||
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT | 5.45 | 05/15/30 | 200,000 | 194,116 | ||||||||||
| 1,524,289 | ||||||||||||||
| OIL & GAS – 5.4% | ||||||||||||||
| Bapco Energies BSCC | 7.50 | 10/25/27 | 475,000 | 481,977 | ||||||||||
| EDO Sukuk Ltd. | 5.88 | 09/21/33 | 400,000 | 404,750 | ||||||||||
| Pertamina Persero PT | 1.40 | 02/09/26 | 200,000 | 185,375 | ||||||||||
| Petroleos de Venezuela SA(1) | 5.38 | 04/12/27 | 575,000 | 71,013 | ||||||||||
| Petroleos de Venezuela SA(1) | 6.00 | 05/16/24 | 1,000,000 | 124,000 | ||||||||||
| Petroleos de Venezuela SA(1) | 6.00 | 11/15/26 | 875,000 | 109,375 | ||||||||||
| Petroleos de Venezuela SA(1) | 12.75 | 02/17/22 | 575,000 | 88,263 | ||||||||||
| Petroleos del Peru SA | 4.75 | 06/19/32 | 500,000 | 374,062 | ||||||||||
| Petroleos Mexicanos | 4.50 | 01/23/26 | 175,000 | 165,111 | ||||||||||
| Petroleos Mexicanos | 5.35 | 02/12/28 | 300,000 | 263,220 | ||||||||||
| Petroleos Mexicanos | 5.95 | 01/28/31 | 575,000 | 455,831 | ||||||||||
| Petroleos Mexicanos | 6.49 | 01/23/27 | 250,000 | 235,345 | ||||||||||
| Petroleos Mexicanos | 6.50 | 03/13/27 | 600,000 | 564,498 | ||||||||||
| Petroleos Mexicanos | 6.50 | 01/23/29 | 200,000 | 177,400 | ||||||||||
| Petroleos Mexicanos | 6.70 | 02/16/32 | 1,125,000 | 924,300 | ||||||||||
| Petroleos Mexicanos | 6.84 | 01/23/30 | 400,000 | 346,960 | ||||||||||
| Petroleos Mexicanos | 6.88 | 08/04/26 | 400,000 | 389,400 | ||||||||||
| Petroleos Mexicanos | 8.75 | 06/02/29 | 300,000 | 290,700 | ||||||||||
| Petroleos Mexicanos | 10.00 | 02/07/33 | 325,000 | 319,597 | ||||||||||
| Petronas Capital Ltd. | 2.48 | 01/28/32 | 675,000 | 549,008 | ||||||||||
| Petronas Capital Ltd. | 3.50 | 03/18/25 | 975,000 | 955,841 | ||||||||||
| Petronas Capital Ltd. | 3.50 | 04/21/30 | 1,250,000 | 1,123,956 | ||||||||||
| QatarEnergy | 1.38 | 09/12/26 | 400,000 | 365,375 | ||||||||||
| QatarEnergy | 2.25 | 07/12/31 | 900,000 | 734,625 | ||||||||||
| Sinopec Group Overseas Development 2015 Ltd. | 3.25 | 04/28/25 | 250,000 | 244,522 | ||||||||||
| Sinopec Group Overseas Development 2017 Ltd. | 3.63 | 04/12/27 | 250,000 | 239,476 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 1.45 | 01/08/26 | 450,000 | 422,066 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.15 | 05/13/25 | 200,000 | 193,189 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.30 | 01/08/31 | 225,000 | 190,896 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.70 | 05/13/30 | 275,000 | 242,029 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd. | 2.95 | 11/12/29 | 250,000 | 225,160 | ||||||||||
| 11,457,320 | ||||||||||||||
| PIPELINES – 0.5% | ||||||||||||||
| Southern Gas Corridor CJSC | 6.88 | 03/24/26 | 1,150,000 | 1,157,475 | ||||||||||
| TRANSPORTATION – 0.3% | ||||||||||||||
| Transnet SOC Ltd. | 8.25 | 02/06/28 | 550,000 | 542,781 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $24,165,660) | 23,808,285 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
146
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT AGENCIES AND OBLIGATIONS – 86.9% | ||||||||||||||
| GOVERNMENT AGENCIES – 3.0% | ||||||||||||||
| Bank Gospodarstwa Krajowego | 5.38 | 05/22/33 | $ | 950,000 | $ | 923,281 | ||||||||
| Bank Gospodarstwa Krajowego | 6.25 | 10/31/28 | 500,000 | 515,000 | ||||||||||
| China Development Bank | 1.00 | 10/27/25 | 225,000 | 211,008 | ||||||||||
| Export-Import Bank of China | 2.88 | 04/26/26 | 200,000 | 191,569 | ||||||||||
| Export-Import Bank of China | 3.88 | 05/16/26 | 350,000 | 341,535 | ||||||||||
| Export-Import Bank of India | 2.25 | 01/13/31 | 500,000 | 403,357 | ||||||||||
| Export-Import Bank of India | 3.25 | 01/15/30 | 600,000 | 528,187 | ||||||||||
| Export-Import Bank of India | 3.38 | 08/05/26 | 575,000 | 547,148 | ||||||||||
| Export-Import Bank of India | 3.88 | 02/01/28 | 475,000 | 447,001 | ||||||||||
| Export-Import Bank of India | 5.50 | 01/18/33 | 750,000 | 736,406 | ||||||||||
| Finance Department Government of Sharjah | 6.50 | 11/23/32 | 200,000 | 203,075 | ||||||||||
| Magyar Export-Import Bank Zrt | 6.13 | 12/04/27 | 650,000 | 652,031 | ||||||||||
| MFB Magyar Fejlesztesi Bank Zrt | 6.50 | 06/29/28 | 725,000 | 730,891 | ||||||||||
| 6,430,489 | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% | ||||||||||||||
| Abu Dhabi Government International Bond | 1.63 | 06/02/28 | 400,000 | 349,625 | ||||||||||
| Abu Dhabi Government International Bond | 1.70 | 03/02/31 | 300,000 | 242,344 | ||||||||||
| Abu Dhabi Government International Bond | 1.88 | 09/15/31 | 350,000 | 282,078 | ||||||||||
| Abu Dhabi Government International Bond | 2.50 | 04/16/25 | 600,000 | 583,500 | ||||||||||
| Abu Dhabi Government International Bond | 2.50 | 09/30/29 | 600,000 | 529,125 | ||||||||||
| Abu Dhabi Government International Bond | 3.13 | 05/03/26 | 450,000 | 431,859 | ||||||||||
| Abu Dhabi Government International Bond | 3.13 | 10/11/27 | 800,000 | 750,750 | ||||||||||
| Abu Dhabi Government International Bond | 3.13 | 04/16/30 | 625,000 | 560,547 | ||||||||||
| Abu Dhabi Government International Bond | 4.88 | 04/30/29 | 350,000 | 346,967 | ||||||||||
| Abu Dhabi Government International Bond | 5.00 | 04/30/34 | 300,000 | 297,288 | ||||||||||
| Angolan Government International Bond | 8.00 | 11/26/29 | 1,050,000 | 962,719 | ||||||||||
| Angolan Government International Bond | 8.25 | 05/09/28 | 900,000 | 851,906 | ||||||||||
| Angolan Government International Bond | 8.75 | 04/14/32 | 1,000,000 | 908,438 | ||||||||||
| Argentine Republic Government International Bond(2) | 0.75 | 07/09/30 | 4,375,000 | 2,533,125 | ||||||||||
| Argentine Republic Government International Bond | 1.00 | 07/09/29 | 350,000 | 207,484 | ||||||||||
| Argentine Republic Government International Bond(2) | 3.63 | 07/09/35 | 4,950,000 | 2,272,050 | ||||||||||
| Argentine Republic Government International Bond(2) | 4.25 | 01/09/38 | 2,900,000 | 1,476,100 | ||||||||||
| Bahrain Government International Bond | 5.25 | 01/25/33 | 400,000 | 350,480 | ||||||||||
| Bahrain Government International Bond | 5.45 | 09/16/32 | 500,000 | 450,700 | ||||||||||
| Bahrain Government International Bond | 5.63 | 09/30/31 | 475,000 | 439,969 | ||||||||||
| Bahrain Government International Bond | 6.75 | 09/20/29 | 600,000 | 599,220 | ||||||||||
| Bahrain Government International Bond | 7.00 | 01/26/26 | 525,000 | 529,758 | ||||||||||
| Bahrain Government International Bond | 7.00 | 10/12/28 | 850,000 | 866,447 | ||||||||||
| Bahrain Government International Bond | 7.38 | 05/14/30 | 475,000 | 488,039 | ||||||||||
| Bolivian Government International Bond | 4.50 | 03/20/28 | 600,000 | 340,688 | ||||||||||
| Brazilian Government International Bond | 2.88 | 06/06/25 | 600,000 | 580,800 | ||||||||||
| Brazilian Government International Bond | 3.75 | 09/12/31 | 475,000 | 403,750 | ||||||||||
| Brazilian Government International Bond | 3.88 | 06/12/30 | 1,075,000 | 946,000 | ||||||||||
| Brazilian Government International Bond | 4.25 | 01/07/25 | 1,200,000 | 1,182,821 | ||||||||||
| Brazilian Government International Bond | 4.50 | 05/30/29 | 775,000 | 721,912 | ||||||||||
| Brazilian Government International Bond | 4.63 | 01/13/28 | 1,000,000 | 960,500 | ||||||||||
| Brazilian Government International Bond | 6.00 | 04/07/26 | 750,000 | 753,375 | ||||||||||
The accompanying notes are an integral part of these financial statements.
147
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% (Continued) | ||||||||||||||
| Brazilian Government International Bond | 6.00 | 10/20/33 | $ | 800,000 | $ | 765,600 | ||||||||
| Brazilian Government International Bond | 6.13 | 03/15/34 | 725,000 | 693,825 | ||||||||||
| Brazilian Government International Bond | 6.25 | 03/18/31 | 575,000 | 570,975 | ||||||||||
| Brazilian Government International Bond | 8.25 | 01/20/34 | 250,000 | 279,187 | ||||||||||
| CBB International Sukuk Co. 7 SPC | 6.88 | 10/05/25 | 475,000 | 480,344 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L. | 3.88 | 05/18/29 | 675,000 | 604,665 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L. | 3.95 | 09/16/27 | 400,000 | 375,750 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L. | 4.50 | 03/30/27 | 475,000 | 456,445 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L. | 6.00 | 02/12/31 | 550,000 | 545,359 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L. | 6.25 | 10/18/30 | 500,000 | 501,875 | ||||||||||
| Chile Government International Bond | 2.45 | 01/31/31 | 340,000 | 284,325 | ||||||||||
| Chile Government International Bond | 2.55 | 01/27/32 | 425,000 | 348,898 | ||||||||||
| Chile Government International Bond | 2.55 | 07/27/33 | 650,000 | 513,094 | ||||||||||
| Chile Government International Bond | 2.75 | 01/31/27 | 425,000 | 395,383 | ||||||||||
| Chile Government International Bond | 3.24 | 02/06/28 | 450,000 | 416,531 | ||||||||||
| Chile Government International Bond | 3.50 | 01/31/34 | 375,000 | 317,930 | ||||||||||
| Chile Government International Bond | 4.85 | 01/22/29 | 500,000 | 487,250 | ||||||||||
| China Government International Bond | 0.55 | 10/21/25 | 500,000 | 467,070 | ||||||||||
| China Government International Bond | 1.20 | 10/21/30 | 550,000 | 444,246 | ||||||||||
| China Government International Bond | 1.25 | 10/26/26 | 300,000 | 274,187 | ||||||||||
| China Government International Bond | 1.75 | 10/26/31 | 250,000 | 205,703 | ||||||||||
| China Government International Bond | 1.95 | 12/03/24 | 350,000 | 342,781 | ||||||||||
| China Government International Bond | 2.13 | 12/03/29 | 375,000 | 329,648 | ||||||||||
| China Government International Bond | 2.63 | 11/02/27 | 250,000 | 233,437 | ||||||||||
| China Government International Bond | 3.50 | 10/19/28 | 200,000 | 190,584 | ||||||||||
| Colombia Government International Bond | 3.00 | 01/30/30 | 500,000 | 401,750 | ||||||||||
| Colombia Government International Bond | 3.13 | 04/15/31 | 885,000 | 684,990 | ||||||||||
| Colombia Government International Bond | 3.25 | 04/22/32 | 750,000 | 564,000 | ||||||||||
| Colombia Government International Bond | 3.88 | 04/25/27 | 625,000 | 580,312 | ||||||||||
| Colombia Government International Bond | 4.50 | 01/28/26 | 550,000 | 532,125 | ||||||||||
| Colombia Government International Bond | 4.50 | 03/15/29 | 750,000 | 673,125 | ||||||||||
| Colombia Government International Bond | 7.50 | 02/02/34 | 700,000 | 688,100 | ||||||||||
| Colombia Government International Bond | 8.00 | 04/20/33 | 700,000 | 713,300 | ||||||||||
| Costa Rica Government International Bond | 6.13 | 02/19/31 | 656,000 | 653,048 | ||||||||||
| Costa Rica Government International Bond | 6.55 | 04/03/34 | 900,000 | 912,150 | ||||||||||
| Dominican Republic International Bond | 4.50 | 01/30/30 | 950,000 | 850,725 | ||||||||||
| Dominican Republic International Bond | 4.88 | 09/23/32 | 1,350,000 | 1,186,313 | ||||||||||
| Dominican Republic International Bond | 5.50 | 01/27/25 | 700,000 | 696,063 | ||||||||||
| Dominican Republic International Bond | 5.50 | 02/22/29 | 700,000 | 668,719 | ||||||||||
| Dominican Republic International Bond | 5.95 | 01/25/27 | 775,000 | 762,600 | ||||||||||
| Dominican Republic International Bond | 6.00 | 07/19/28 | 650,000 | 637,609 | ||||||||||
| Dominican Republic International Bond | 6.00 | 02/22/33 | 975,000 | 924,300 | ||||||||||
| Dominican Republic International Bond | 6.88 | 01/29/26 | 700,000 | 703,150 | ||||||||||
| Ecuador Government International Bond | ZCP | 07/31/30 | 400,000 | 218,800 | ||||||||||
| Ecuador Government International Bond(2) | 3.50 | 07/31/35 | 4,400,000 | 2,415,600 | ||||||||||
| Ecuador Government International Bond(2) | 6.00 | 07/31/30 | 2,050,000 | 1,442,175 | ||||||||||
| Egypt Government International Bond | 5.80 | 09/30/27 | 450,000 | 401,906 | ||||||||||
| Egypt Government International Bond | 5.88 | 06/11/25 | 625,000 | 611,523 | ||||||||||
The accompanying notes are an integral part of these financial statements.
148
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% (Continued) | ||||||||||||||
| Egypt Government International Bond | 5.88 | 02/16/31 | $ | 625,000 | $ | 490,719 | ||||||||
| Egypt Government International Bond | 6.59 | 02/21/28 | 575,000 | 519,836 | ||||||||||
| Egypt Government International Bond | 7.05 | 01/15/32 | 250,000 | 204,219 | ||||||||||
| Egypt Government International Bond | 7.30 | 09/30/33 | 450,000 | 362,109 | ||||||||||
| Egypt Government International Bond | 7.50 | 01/31/27 | 1,025,000 | 975,031 | ||||||||||
| Egypt Government International Bond | 7.60 | 03/01/29 | 975,000 | 882,984 | ||||||||||
| Egypt Government International Bond | 7.63 | 05/29/32 | 925,000 | 772,086 | ||||||||||
| Egyptian Financial Co. for Sovereign Taskeek | 10.88 | 02/28/26 | 700,000 | 725,813 | ||||||||||
| El Salvador Government International Bond | 9.25 | 04/17/30 | 575,000 | 510,645 | ||||||||||
| Ethiopia International Bond | 6.63 | 12/11/24 | 550,000 | 391,016 | ||||||||||
| Ghana Government International Bond(1) | 6.38 | 02/11/27 | 775,000 | 375,391 | ||||||||||
| Ghana Government International Bond(1) | 7.63 | 05/16/29 | 550,000 | 267,781 | ||||||||||
| Ghana Government International Bond(1) | 7.75 | 04/07/29 | 575,000 | 279,953 | ||||||||||
| Ghana Government International Bond(1) | 7.88 | 02/11/35 | 600,000 | 293,250 | ||||||||||
| Ghana Government International Bond(1) | 8.13 | 01/18/26 | 575,000 | 288,758 | ||||||||||
| Ghana Government International Bond(1) | 8.13 | 03/26/32 | 550,000 | 268,469 | ||||||||||
| Ghana Government International Bond(1) | 8.63 | 04/07/34 | 600,000 | 293,813 | ||||||||||
| Ghana Government International Bond | 10.75 | 10/14/30 | 600,000 | 393,000 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 5.13 | 06/22/26 | 475,000 | 463,790 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 7.25 | 02/24/27 | 650,000 | 659,750 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 8.51 | 01/14/29 | 425,000 | 448,641 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS | 9.76 | 11/13/25 | 450,000 | 475,031 | ||||||||||
| Hungary Government International Bond | 2.13 | 09/22/31 | 1,150,000 | 889,065 | ||||||||||
| Hungary Government International Bond | 5.25 | 06/16/29 | 1,050,000 | 1,018,500 | ||||||||||
| Hungary Government International Bond | 6.13 | 05/22/28 | 1,100,000 | 1,111,000 | ||||||||||
| Hungary Government International Bond | 6.25 | 09/22/32 | 1,150,000 | 1,161,500 | ||||||||||
| Indonesia Government International Bond | 1.85 | 03/12/31 | 250,000 | 199,297 | ||||||||||
| Indonesia Government International Bond | 2.15 | 07/28/31 | 200,000 | 161,062 | ||||||||||
| Indonesia Government International Bond | 2.85 | 02/14/30 | 250,000 | 218,906 | ||||||||||
| Indonesia Government International Bond | 3.50 | 01/11/28 | 225,000 | 210,820 | ||||||||||
| Indonesia Government International Bond | 3.55 | 03/31/32 | 300,000 | 263,062 | ||||||||||
| Indonesia Government International Bond | 3.85 | 07/18/27 | 200,000 | 191,375 | ||||||||||
| Indonesia Government International Bond | 3.85 | 10/15/30 | 275,000 | 252,227 | ||||||||||
| Indonesia Government International Bond | 4.10 | 04/24/28 | 200,000 | 190,875 | ||||||||||
| Indonesia Government International Bond | 4.13 | 01/15/25 | 475,000 | 470,844 | ||||||||||
| Indonesia Government International Bond | 4.35 | 01/08/27 | 250,000 | 244,479 | ||||||||||
| Indonesia Government International Bond | 4.55 | 01/11/28 | 220,000 | 213,881 | ||||||||||
| Indonesia Government International Bond | 4.65 | 09/20/32 | 250,000 | 235,859 | ||||||||||
| Indonesia Government International Bond | 4.75 | 01/08/26 | 300,000 | 297,338 | ||||||||||
| Indonesia Government International Bond | 4.75 | 02/11/29 | 225,000 | 219,586 | ||||||||||
| Indonesia Government International Bond | 4.85 | 01/11/33 | 200,000 | 191,625 | ||||||||||
| Iraq International Bond | 5.80 | 01/15/28 | 437,500 | 409,062 | ||||||||||
| Ivory Coast Government International Bond | 6.13 | 06/15/33 | 750,000 | 659,925 | ||||||||||
| Ivory Coast Government International Bond | 7.63 | 01/30/33 | 525,000 | 504,000 | ||||||||||
| Jamaica Government International Bond | 6.75 | 04/28/28 | 755,000 | 772,459 | ||||||||||
| Jordan Government International Bond | 5.75 | 01/31/27 | 600,000 | 572,625 | ||||||||||
| Jordan Government International Bond | 5.85 | 07/07/30 | 700,000 | 633,063 | ||||||||||
| Jordan Government International Bond | 6.13 | 01/29/26 | 600,000 | 584,625 | ||||||||||
The accompanying notes are an integral part of these financial statements.
149
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% (Continued) | ||||||||||||||
| Jordan Government International Bond | 7.50 | 01/13/29 | $ | 600,000 | $ | 594,000 | ||||||||
| Kazakhstan Government International Bond | 5.13 | 07/21/25 | 1,450,000 | 1,457,975 | ||||||||||
| KSA Sukuk Ltd. | 2.25 | 05/17/31 | 375,000 | 309,961 | ||||||||||
| KSA Sukuk Ltd. | 2.97 | 10/29/29 | 375,000 | 334,688 | ||||||||||
| KSA Sukuk Ltd. | 3.63 | 04/20/27 | 800,000 | 765,250 | ||||||||||
| KSA Sukuk Ltd. | 4.27 | 05/22/29 | 600,000 | 575,438 | ||||||||||
| KSA Sukuk Ltd. | 4.30 | 01/19/29 | 450,000 | 432,781 | ||||||||||
| KSA Sukuk Ltd. | 4.51 | 05/22/33 | 400,000 | 378,680 | ||||||||||
| KSA Sukuk Ltd. | 5.27 | 10/25/28 | 325,000 | 325,284 | ||||||||||
| Kuwait International Government Bond | 3.50 | 03/20/27 | 2,650,000 | 2,528,431 | ||||||||||
| Lebanon Government International Bond(1) | 6.00 | 01/27/23 | 600,000 | 39,600 | ||||||||||
| Lebanon Government International Bond(1) | 6.10 | 10/04/22 | 1,700,000 | 112,200 | ||||||||||
| Lebanon Government International Bond(1) | 6.65 | 02/26/30 | 1,600,000 | 105,600 | ||||||||||
| Lebanon Government International Bond(1) | 6.85 | 03/23/27 | 1,700,000 | 112,200 | ||||||||||
| Lebanon Government International Bond(1) | 8.25 | 04/12/21 | 700,000 | 46,200 | ||||||||||
| Malaysia Sovereign Sukuk Bhd | 3.04 | 04/22/25 | 550,000 | 537,301 | ||||||||||
| Malaysia Sukuk Global Bhd | 3.18 | 04/27/26 | 650,000 | 625,422 | ||||||||||
| Mexico Government International Bond | 2.66 | 05/24/31 | 525,000 | 427,055 | ||||||||||
| Mexico Government International Bond | 3.25 | 04/16/30 | 350,000 | 303,953 | ||||||||||
| Mexico Government International Bond | 3.50 | 02/12/34 | 500,000 | 401,375 | ||||||||||
| Mexico Government International Bond | 3.75 | 01/11/28 | 325,000 | 304,078 | ||||||||||
| Mexico Government International Bond | 4.13 | 01/21/26 | 325,000 | 316,672 | ||||||||||
| Mexico Government International Bond | 4.15 | 03/28/27 | 400,000 | 384,500 | ||||||||||
| Mexico Government International Bond | 4.50 | 04/22/29 | 650,000 | 615,062 | ||||||||||
| Mexico Government International Bond | 4.75 | 04/27/32 | 400,000 | 366,875 | ||||||||||
| Mexico Government International Bond | 4.88 | 05/19/33 | 350,000 | 320,578 | ||||||||||
| Mexico Government International Bond | 5.40 | 02/09/28 | 300,000 | 296,906 | ||||||||||
| Mexico Government International Bond | 8.30 | 08/15/31 | 150,000 | 175,547 | ||||||||||
| Morocco Government International Bond | 3.00 | 12/15/32 | 600,000 | 469,500 | ||||||||||
| Morocco Government International Bond | 5.95 | 03/08/28 | 730,000 | 725,985 | ||||||||||
| Morocco Government International Bond | 6.50 | 09/08/33 | 700,000 | 703,500 | ||||||||||
| Nigeria Government International Bond | 6.13 | 09/28/28 | 600,000 | 531,720 | ||||||||||
| Nigeria Government International Bond | 6.50 | 11/28/27 | 850,000 | 787,652 | ||||||||||
| Nigeria Government International Bond | 7.14 | 02/23/30 | 750,000 | 661,641 | ||||||||||
| Nigeria Government International Bond | 7.38 | 09/28/33 | 1,000,000 | 832,500 | ||||||||||
| Nigeria Government International Bond | 7.63 | 11/21/25 | 650,000 | 648,375 | ||||||||||
| Nigeria Government International Bond | 7.88 | 02/16/32 | 850,000 | 746,938 | ||||||||||
| Nigeria Government International Bond | 8.38 | 03/24/29 | 725,000 | 689,838 | ||||||||||
| Nigeria Government International Bond | 8.75 | 01/21/31 | 400,000 | 377,690 | ||||||||||
| Oman Government International Bond | 4.75 | 06/15/26 | 1,075,000 | 1,052,103 | ||||||||||
| Oman Government International Bond | 5.38 | 03/08/27 | 700,000 | 688,800 | ||||||||||
| Oman Government International Bond | 5.63 | 01/17/28 | 1,075,000 | 1,060,272 | ||||||||||
| Oman Government International Bond | 6.00 | 08/01/29 | 925,000 | 928,180 | ||||||||||
| Oman Government International Bond | 6.25 | 01/25/31 | 750,000 | 760,078 | ||||||||||
| Oman Government International Bond | 6.75 | 10/28/27 | 825,000 | 845,883 | ||||||||||
| Oman Government International Bond | 7.38 | 10/28/32 | 650,000 | 702,780 | ||||||||||
| Oman Sovereign Sukuk Co. | 4.88 | 06/15/30 | 800,000 | 777,500 | ||||||||||
| Oman Sovereign Sukuk Co. | 5.93 | 10/31/25 | 850,000 | 853,719 | ||||||||||
The accompanying notes are an integral part of these financial statements.
150
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% (Continued) | ||||||||||||||
| Pakistan Global Sukuk Programme Co. Ltd. | 7.95 | 01/31/29 | $ | 575,000 | $ | 504,383 | ||||||||
| Pakistan Government International Bond | 6.00 | 04/08/26 | 775,000 | 701,375 | ||||||||||
| Pakistan Government International Bond | 6.88 | 12/05/27 | 875,000 | 753,594 | ||||||||||
| Pakistan Government International Bond | 7.38 | 04/08/31 | 825,000 | 658,711 | ||||||||||
| Panama Government International Bond | 2.25 | 09/29/32 | 950,000 | 659,062 | ||||||||||
| Panama Government International Bond | 3.16 | 01/23/30 | 525,000 | 428,531 | ||||||||||
| Panama Government International Bond | 3.30 | 01/19/33 | 450,000 | 337,359 | ||||||||||
| Panama Government International Bond | 3.75 | 03/16/25 | 400,000 | 391,625 | ||||||||||
| Panama Government International Bond | 3.88 | 03/17/28 | 500,000 | 450,937 | ||||||||||
| Panama Government International Bond | 7.50 | 03/01/31 | 200,000 | 203,312 | ||||||||||
| Paraguay Government International Bond | 4.95 | 04/28/31 | 550,000 | 518,031 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 1.50 | 06/09/26 | 250,000 | 231,094 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 2.55 | 06/09/31 | 250,000 | 208,047 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.15 | 03/29/27 | 350,000 | 339,828 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.33 | 05/28/25 | 350,000 | 346,828 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.40 | 06/06/27 | 300,000 | 292,500 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.40 | 03/01/28 | 325,000 | 315,148 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.45 | 02/20/29 | 200,000 | 193,187 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.55 | 03/29/26 | 325,000 | 320,290 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 4.70 | 06/06/32 | 500,000 | 476,406 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 5.40 | 11/15/28 | 200,000 | 200,119 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III | 5.60 | 11/15/33 | 200,000 | 202,375 | ||||||||||
| Peruvian Government International Bond | 1.86 | 12/01/32 | 500,000 | 368,125 | ||||||||||
| Peruvian Government International Bond | 2.78 | 01/23/31 | 1,550,000 | 1,294,250 | ||||||||||
| Peruvian Government International Bond | 3.00 | 01/15/34 | 1,050,000 | 827,203 | ||||||||||
| Peruvian Government International Bond | 8.75 | 11/21/33 | 975,000 | 1,164,211 | ||||||||||
| Philippine Government International Bond | 1.65 | 06/10/31 | 450,000 | 351,141 | ||||||||||
| Philippine Government International Bond | 2.46 | 05/05/30 | 375,000 | 319,204 | ||||||||||
| Philippine Government International Bond | 3.00 | 02/01/28 | 650,000 | 599,219 | ||||||||||
| Philippine Government International Bond | 3.75 | 01/14/29 | 650,000 | 607,750 | ||||||||||
| Philippine Government International Bond | 5.00 | 07/17/33 | 530,000 | 513,769 | ||||||||||
| Philippine Government International Bond | 5.50 | 03/30/26 | 375,000 | 376,875 | ||||||||||
| Philippine Government International Bond | 6.38 | 01/15/32 | 325,000 | 343,687 | ||||||||||
| Philippine Government International Bond | 7.75 | 01/14/31 | 600,000 | 677,250 | ||||||||||
| Philippine Government International Bond | 9.50 | 02/02/30 | 700,000 | 844,812 | ||||||||||
| Philippine Government International Bond | 10.63 | 03/16/25 | 475,000 | 496,078 | ||||||||||
| Qatar Government International Bond | 3.25 | 06/02/26 | 1,150,000 | 1,107,594 | ||||||||||
| Qatar Government International Bond | 3.40 | 04/16/25 | 525,000 | 515,977 | ||||||||||
| Qatar Government International Bond | 3.75 | 04/16/30 | 800,000 | 749,220 | ||||||||||
| Qatar Government International Bond | 4.00 | 03/14/29 | 1,050,000 | 1,003,905 | ||||||||||
| Qatar Government International Bond | 4.50 | 04/23/28 | 850,000 | 835,922 | ||||||||||
| Qatar Government International Bond | 9.75 | 06/15/30 | 525,000 | 656,414 | ||||||||||
| RAK Capital | 3.09 | 03/31/25 | 200,000 | 195,875 | ||||||||||
| Republic of Azerbaijan International Bond | 3.50 | 09/01/32 | 650,000 | 538,484 | ||||||||||
| Republic of Kenya Government International Bond | 6.30 | 01/23/34 | 500,000 | 398,438 | ||||||||||
| Republic of Kenya Government International Bond | 7.25 | 02/28/28 | 600,000 | 567,075 | ||||||||||
| Republic of Kenya Government International Bond | 8.00 | 05/22/32 | 700,000 | 643,405 | ||||||||||
| Republic of Kenya Government International Bond | 9.75 | 02/16/31 | 800,000 | 805,250 | ||||||||||
| Republic of Poland Government International Bond | 3.25 | 04/06/26 | 1,000,000 | 966,200 | ||||||||||
The accompanying notes are an integral part of these financial statements.
151
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% (Continued) | ||||||||||||||
| Republic of Poland Government International Bond | 4.63 | 03/18/29 | $ | 925,000 | $ | 902,365 | ||||||||
| Republic of Poland Government International Bond | 4.88 | 10/04/33 | 1,400,000 | 1,337,980 | ||||||||||
| Republic of Poland Government International Bond | 5.50 | 11/16/27 | 905,000 | 915,598 | ||||||||||
| Republic of Poland Government International Bond | 5.75 | 11/16/32 | 825,000 | 840,993 | ||||||||||
| Republic of South Africa Government International Bond | 4.30 | 10/12/28 | 965,000 | 861,262 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/27/27 | 450,000 | 423,000 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/30/29 | 950,000 | 848,469 | ||||||||||
| Republic of South Africa Government International Bond | 4.88 | 04/14/26 | 600,000 | 582,360 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 09/16/25 | 1,020,000 | 1,013,625 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 06/22/30 | 725,000 | 669,719 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 04/20/32 | 625,000 | 557,031 | ||||||||||
| Romanian Government International Bond | 3.00 | 02/27/27 | 750,000 | 692,550 | ||||||||||
| Romanian Government International Bond | 3.00 | 02/14/31 | 780,000 | 639,269 | ||||||||||
| Romanian Government International Bond | 3.63 | 03/27/32 | 660,000 | 549,450 | ||||||||||
| Romanian Government International Bond | 5.25 | 11/25/27 | 600,000 | 583,200 | ||||||||||
| Romanian Government International Bond | 5.88 | 01/30/29 | 1,100,000 | 1,081,410 | ||||||||||
| Romanian Government International Bond | 6.38 | 01/30/34 | 1,150,000 | 1,125,563 | ||||||||||
| Romanian Government International Bond | 6.63 | 02/17/28 | 850,000 | 863,016 | ||||||||||
| Romanian Government International Bond | 7.13 | 01/17/33 | 910,000 | 940,713 | ||||||||||
| ROP Sukuk Trust | 5.05 | 06/06/29 | 250,000 | 246,250 | ||||||||||
| Saudi Government International Bond | 2.25 | 02/02/33 | 450,000 | 351,000 | ||||||||||
| Saudi Government International Bond | 2.50 | 02/03/27 | 275,000 | 254,891 | ||||||||||
| Saudi Government International Bond | 2.75 | 02/03/32 | 225,000 | 188,367 | ||||||||||
| Saudi Government International Bond | 2.90 | 10/22/25 | 350,000 | 337,978 | ||||||||||
| Saudi Government International Bond | 3.25 | 10/26/26 | 950,000 | 904,875 | ||||||||||
| Saudi Government International Bond | 3.25 | 10/22/30 | 300,000 | 266,303 | ||||||||||
| Saudi Government International Bond | 3.63 | 03/04/28 | 875,000 | 826,328 | ||||||||||
| Saudi Government International Bond | 4.00 | 04/17/25 | 800,000 | 788,272 | ||||||||||
| Saudi Government International Bond | 4.38 | 04/16/29 | 650,000 | 625,625 | ||||||||||
| Saudi Government International Bond | 4.50 | 04/17/30 | 500,000 | 478,137 | ||||||||||
| Saudi Government International Bond | 4.75 | 01/18/28 | 475,000 | 467,305 | ||||||||||
| Saudi Government International Bond | 4.75 | 01/16/30 | 700,000 | 676,813 | ||||||||||
| Saudi Government International Bond | 4.88 | 07/18/33 | 675,000 | 648,101 | ||||||||||
| Saudi Government International Bond | 5.00 | 01/16/34 | 775,000 | 747,972 | ||||||||||
| Saudi Government International Bond | 5.50 | 10/25/32 | 300,000 | 301,875 | ||||||||||
| Senegal Government International Bond | 6.25 | 05/23/33 | 625,000 | 531,445 | ||||||||||
| Serbia International Bond | 2.13 | 12/01/30 | 700,000 | 546,875 | ||||||||||
| Serbia International Bond | 6.50 | 09/26/33 | 550,000 | 550,688 | ||||||||||
| Sharjah Sukuk Program Ltd. | 2.94 | 06/10/27 | 225,000 | 207,633 | ||||||||||
| Sharjah Sukuk Program Ltd. | 3.23 | 10/23/29 | 200,000 | 177,313 | ||||||||||
| Sharjah Sukuk Program Ltd. | 3.85 | 04/03/26 | 200,000 | 193,062 | ||||||||||
| Sharjah Sukuk Program Ltd. | 4.23 | 03/14/28 | 250,000 | 237,734 | ||||||||||
| Sri Lanka Government International Bond(1) | 5.75 | 04/18/23 | 725,000 | 412,344 | ||||||||||
| Sri Lanka Government International Bond(1) | 6.20 | 05/11/27 | 900,000 | 514,125 | ||||||||||
| Sri Lanka Government International Bond(1) | 6.75 | 04/18/28 | 725,000 | 413,250 | ||||||||||
| Sri Lanka Government International Bond(1) | 6.83 | 07/18/26 | 550,000 | 316,250 | ||||||||||
| Sri Lanka Government International Bond(1) | 6.85 | 03/14/24 | 600,000 | 341,250 | ||||||||||
| Sri Lanka Government International Bond(1) | 6.85 | 11/03/25 | 900,000 | 522,563 | ||||||||||
The accompanying notes are an integral part of these financial statements.
152
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.9% (Continued) | ||||||||||||||
| Sri Lanka Government International Bond(1) | 7.55 | 03/28/30 | $ | 1,375,000 | $ | 779,883 | ||||||||
| Sri Lanka Government International Bond(1) | 7.85 | 03/14/29 | 150,000 | 85,406 | ||||||||||
| Trinidad & Tobago Government International Bond | 4.50 | 08/04/26 | 600,000 | 578,400 | ||||||||||
| Tunisian Republic International Bond | 5.75 | 01/30/25 | 575,000 | 544,094 | ||||||||||
| Turkiye Government International Bond | 4.25 | 03/13/25 | 425,000 | 420,219 | ||||||||||
| Turkiye Government International Bond | 4.25 | 04/14/26 | 325,000 | 315,047 | ||||||||||
| Turkiye Government International Bond | 4.75 | 01/26/26 | 450,000 | 440,426 | ||||||||||
| Turkiye Government International Bond | 4.88 | 10/09/26 | 550,000 | 534,703 | ||||||||||
| Turkiye Government International Bond | 5.13 | 02/17/28 | 440,000 | 416,900 | ||||||||||
| Turkiye Government International Bond | 5.25 | 03/13/30 | 625,000 | 564,258 | ||||||||||
| Turkiye Government International Bond | 5.88 | 06/26/31 | 375,000 | 341,484 | ||||||||||
| Turkiye Government International Bond | 5.95 | 01/15/31 | 600,000 | 550,875 | ||||||||||
| Turkiye Government International Bond | 6.00 | 03/25/27 | 800,000 | 788,480 | ||||||||||
| Turkiye Government International Bond | 6.13 | 10/24/28 | 500,000 | 487,087 | ||||||||||
| Turkiye Government International Bond | 6.38 | 10/14/25 | 500,000 | 502,900 | ||||||||||
| Turkiye Government International Bond | 6.50 | 09/20/33 | 300,000 | 278,719 | ||||||||||
| Turkiye Government International Bond | 7.38 | 02/05/25 | 650,000 | 659,141 | ||||||||||
| Turkiye Government International Bond | 7.63 | 04/26/29 | 625,000 | 635,937 | ||||||||||
| Turkiye Government International Bond | 8.00 | 02/14/34 | 215,000 | 222,122 | ||||||||||
| Turkiye Government International Bond | 8.60 | 09/24/27 | 425,000 | 448,928 | ||||||||||
| Turkiye Government International Bond | 9.13 | 07/13/30 | 400,000 | 431,875 | ||||||||||
| Turkiye Government International Bond | 9.38 | 03/14/29 | 450,000 | 489,375 | ||||||||||
| Turkiye Government International Bond | 9.38 | 01/19/33 | 600,000 | 663,750 | ||||||||||
| Turkiye Government International Bond | 9.88 | 01/15/28 | 725,000 | 798,859 | ||||||||||
| Turkiye Government International Bond | 11.88 | 01/15/30 | 325,000 | 404,117 | ||||||||||
| UAE Government International Bond | 2.00 | 10/19/31 | 225,000 | 182,588 | ||||||||||
| UAE Government International Bond | 4.05 | 07/07/32 | 450,000 | 421,155 | ||||||||||
| UAE Government International Bond | 4.92 | 09/25/33 | 200,000 | 198,620 | ||||||||||
| Ukraine Government International Bond | 6.88 | 05/21/31 | 1,000,000 | 254,200 | ||||||||||
| Ukraine Government International Bond | 7.38 | 09/25/34 | 1,600,000 | 403,360 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/25 | 775,000 | 246,063 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/26 | 750,000 | 219,000 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/27 | 650,000 | 186,550 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/28 | 950,000 | 271,178 | ||||||||||
| Ukraine Government International Bond | 7.75 | 09/01/29 | 850,000 | 241,400 | ||||||||||
| Ukraine Government International Bond | 9.75 | 11/01/30 | 950,000 | 288,325 | ||||||||||
| Uruguay Government International Bond | 4.38 | 10/27/27 | 825,000 | 814,430 | ||||||||||
| Uruguay Government International Bond | 4.38 | 01/23/31 | 1,235,000 | 1,185,600 | ||||||||||
| Uruguay Government International Bond | 5.75 | 10/28/34 | 1,200,000 | 1,222,800 | ||||||||||
| Venezuela Government International Bond(1) | 9.25 | 09/15/27 | 750,000 | 160,500 | ||||||||||
| Venezuela Government International Bond(1) | 11.75 | 10/21/26 | 575,000 | 122,475 | ||||||||||
| Venezuela Government International Bond(1) | 11.95 | 08/05/31 | 800,000 | 170,800 | ||||||||||
| Venezuela Government International Bond(1) | 12.75 | 08/23/22 | 575,000 | 123,050 | ||||||||||
| Zambia Government International Bond(1) | 8.50 | 04/14/24 | 600,000 | 443,715 | ||||||||||
| Zambia Government International Bond(1) | 8.97 | 07/30/27 | 700,000 | 512,750 | ||||||||||
| 176,959,066 | ||||||||||||||
| TOTAL GOVERNMENT AGENCIES AND OBLIGATIONS (Cost - $178,085,321) | 183,389,555 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
153
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Citibank, London | 2.82 | 05/02/24 | EUR | 639 | $ | 684 | ||||||||
| Sumitomo Mitsui Trust Bank, London | 4.67 | 05/01/24 | $ | 186,286 | 186,287 | |||||||||
| TOTAL TIME DEPOSITS (Cost - $186,971) | 186,971 | |||||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $186,971) | 186,971 | |||||||||||||
| TOTAL INVESTMENTS – 98.3% (Cost - $202,437,952) | $ | 207,384,811 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.7% | 3,532,453 | |||||||||||||
| NET ASSETS – 100.0% | $ | 210,917,264 | ||||||||||||
ZCP Indicates a zero coupon rate.
EUR Euro.
| (1) | Defaulted security. Security has not paid its last interest payment and/or interest is not being accrued. |
| (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 April 30, 2024. |
The accompanying notes are an integral part of these financial statements.
154
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
COUNTRY DIVERSIFICATION
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF invested, as a percentage of net assets, in the following countries as of April 30, 2024:
| Country | Percent of Net Assets | |||
| Angola | 1.3 | % | ||
| Argentina | 3.1 | % | ||
| Azerbaijan | 0.8 | % | ||
| Bahrain | 3.4 | % | ||
| Bolivia | 0.2 | % | ||
| Brazil | 3.7 | % | ||
| British Virgin Islands | 1.3 | % | ||
| Cayman Islands | 3.6 | % | ||
| Chile | 1.8 | % | ||
| China | 1.7 | % | ||
| Colombia | 2.3 | % | ||
| Costa Rica | 0.7 | % | ||
| Dominican Republic | 3.0 | % | ||
| Ecuador | 1.9 | % | ||
| Egypt | 2.8 | % | ||
| El Salvador | 0.2 | % | ||
| Ethiopia | 0.2 | % | ||
| Ghana | 1.2 | % | ||
| Hong Kong | 0.3 | % | ||
| Hungary | 2.6 | % | ||
| India | 1.3 | % | ||
| Indonesia | 3.8 | % | ||
| Iraq | 0.2 | % | ||
| Ivory Coast | 0.6 | % | ||
| Jamaica | 0.4 | % | ||
| Jordan | 1.1 | % | ||
| Kazakhstan | 0.7 | % | ||
| Kenya | 1.1 | % | ||
| Kuwait | 1.2 | % | ||
| Country | Percent of Net Assets | |||
| Lebanon | 0.2 | % | ||
| Malaysia | 1.8 | % | ||
| Mexico | 4.0 | % | ||
| Morocco | 0.9 | % | ||
| Nigeria | 2.5 | % | ||
| Oman | 3.6 | % | ||
| Pakistan | 1.2 | % | ||
| Panama | 1.4 | % | ||
| Paraguay | 0.2 | % | ||
| Peru | 1.9 | % | ||
| Philippines | 2.8 | % | ||
| Poland | 3.0 | % | ||
| Qatar | 2.8 | % | ||
| Romania | 3.1 | % | ||
| Saudi Arabia | 3.7 | % | ||
| Senegal | 0.3 | % | ||
| Serbia | 0.5 | % | ||
| South Africa | 3.1 | % | ||
| Sri Lanka | 1.6 | % | ||
| Trinidad and Tobago | 0.3 | % | ||
| Tunisia | 0.3 | % | ||
| Turkey | 5.9 | % | ||
| Ukraine | 1.0 | % | ||
| United Arab Emirates | 3.1 | % | ||
| Uruguay | 1.5 | % | ||
| Venezuela | 0.5 | % | ||
| Zambia | 0.5 | % | ||
| 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.
155
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 101.3% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 99.5% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 05/02/24 | $ | 22,071,200 | $ | 22,067,962 | ||||||||
| U.S. Treasury Bill | ZCP | 05/07/24 | 8,405,900 | 8,398,507 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/09/24 | 18,912,600 | 18,890,418 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/14/24 | 7,751,300 | 7,736,562 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/16/24 | 11,359,000 | 11,334,052 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/21/24 | 6,496,800 | 6,477,761 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/23/24 | 4,614,800 | 4,599,924 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/28/24 | 20,837,700 | 20,755,376 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/30/24 | 18,781,200 | 18,701,367 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/04/24 | 7,841,600 | 7,802,550 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/06/24 | 20,701,600 | 20,592,339 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/11/24 | 5,118,800 | 5,088,038 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/13/24 | 17,717,400 | 17,605,854 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/18/24 | 5,118,800 | 5,082,882 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/20/24 | 18,667,800 | 18,531,152 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/25/24 | 5,118,800 | 5,077,562 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/27/24 | 19,607,700 | 19,444,176 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/02/24 | 1,943,200 | 1,925,586 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/05/24 | 7,564,300 | 7,492,504 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/11/24 | 55,701,400 | 55,124,230 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/18/24 | 2,529,700 | 2,500,913 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/25/24 | 5,082,500 | 5,019,573 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/01/24 | 5,000,000 | 4,933,012 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/08/24 | 50,606,300 | 49,877,873 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/29/24 | 4,428,200 | 4,351,050 | ||||||||||
| U.S. Treasury Bill | ZCP | 09/05/24 | 81,198,700 | 79,704,977 | ||||||||||
| U.S. Treasury Bill | ZCP | 10/03/24 | 85,508,200 | 83,604,203 | ||||||||||
| U.S. Treasury Bill | ZCP | 10/31/24 | 95,618,300 | 93,105,833 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/29/24 | 95,800,400 | 92,925,278 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/26/24 | 91,907,500 | 88,833,559 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/23/25 | 97,205,100 | 93,617,250 | ||||||||||
| U.S. Treasury Bill | ZCP | 02/20/25 | 97,200,900 | 93,215,317 | ||||||||||
| U.S. Treasury Bill | ZCP | 03/20/25 | 99,758,600 | 95,279,106 | ||||||||||
| U.S. Treasury Bill | ZCP | 04/17/25 | 80,000,000 | 76,116,695 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $1,147,237,540) | 1,145,813,441 | |||||||||||||
| TIME DEPOSITS – 1.8% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | 20,247,438 | 20,247,438 | ||||||||||
| TOTAL TIME DEPOSITS (Cost - $20,247,438) | 20,247,438 | |||||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,167,484,978) | 1,166,060,879 | |||||||||||||
| TOTAL INVESTMENTS – 101.3% (Cost - $1,167,484,978) | $ | 1,166,060,879 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (1.3)% | (14,924,380 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 1,151,136,499 | ||||||||||||
ZCP Indicates a zero coupon rate.
The accompanying notes are an integral part of these financial statements.
156
BONDBLOXX ETF TRUST
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Bond | 6.88 | 08/15/25 | $ | 619,600 | $ | 634,836 | ||||||||
| U.S. Treasury Note | 0.25 | 05/31/25 | 7,655,100 | 7,256,347 | ||||||||||
| U.S. Treasury Note | 0.25 | 06/30/25 | 8,119,300 | 7,668,457 | ||||||||||
| U.S. Treasury Note | 0.25 | 07/31/25 | 8,290,100 | 7,798,685 | ||||||||||
| U.S. Treasury Note | 0.25 | 08/31/25 | 8,320,000 | 7,796,750 | ||||||||||
| U.S. Treasury Note | 0.25 | 09/30/25 | 8,957,000 | 8,361,500 | ||||||||||
| U.S. Treasury Note | 0.25 | 10/31/25 | 8,000,000 | 7,439,531 | ||||||||||
| U.S. Treasury Note | 0.38 | 04/30/25 | 7,803,500 | 7,437,863 | ||||||||||
| U.S. Treasury Note | 0.50 | 03/31/25 | 7,791,800 | 7,464,149 | ||||||||||
| U.S. Treasury Note | 0.75 | 11/15/24 | 11,009,500 | 10,742,864 | ||||||||||
| U.S. Treasury Note | 1.00 | 12/15/24 | 11,032,100 | 10,742,938 | ||||||||||
| U.S. Treasury Note | 1.13 | 01/15/25 | 10,903,200 | 10,589,520 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/28/25 | 6,512,500 | 6,294,102 | ||||||||||
| U.S. Treasury Note | 1.38 | 01/31/25 | 6,179,500 | 6,002,322 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/24 | 7,356,100 | 7,194,611 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/25 | 10,068,800 | 9,770,473 | ||||||||||
| U.S. Treasury Note | 1.75 | 12/31/24 | 6,707,600 | 6,553,011 | ||||||||||
| U.S. Treasury Note | 1.75 | 03/15/25 | 10,197,300 | 9,894,369 | ||||||||||
| U.S. Treasury Note | 2.00 | 02/15/25 | 10,782,500 | 10,503,671 | ||||||||||
| U.S. Treasury Note | 2.00 | 08/15/25 | 9,687,400 | 9,307,472 | ||||||||||
| U.S. Treasury Note | 2.13 | 11/30/24 | 4,896,900 | 4,806,709 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/15/25 | 9,981,800 | 9,670,064 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/24 | 12,670,700 | 12,462,574 | ||||||||||
| U.S. Treasury Note | 2.25 | 12/31/24 | 5,230,200 | 5,126,311 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/25 | 9,000,000 | 8,616,621 | ||||||||||
| U.S. Treasury Note | 2.50 | 01/31/25 | 5,552,400 | 5,439,075 | ||||||||||
| U.S. Treasury Note | 2.63 | 03/31/25 | 3,032,600 | 2,962,057 | ||||||||||
| U.S. Treasury Note | 2.63 | 04/15/25 | 9,539,100 | 9,307,889 | ||||||||||
| U.S. Treasury Note | 2.75 | 02/28/25 | 5,313,700 | 5,204,935 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/15/25 | 8,347,100 | 8,138,260 | ||||||||||
| U.S. Treasury Note | 2.75 | 06/30/25 | 3,425,600 | 3,331,195 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/31/25 | 4,037,600 | 3,912,056 | ||||||||||
| U.S. Treasury Note | 2.88 | 04/30/25 | 4,786,200 | 4,676,547 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/31/25 | 4,437,100 | 4,327,126 | ||||||||||
| U.S. Treasury Note | 2.88 | 06/15/25 | 8,141,300 | 7,933,474 | ||||||||||
| U.S. Treasury Note | 2.88 | 07/31/25 | 3,450,600 | 3,354,226 | ||||||||||
| U.S. Treasury Note | 3.00 | 07/15/25 | 8,033,200 | 7,829,232 | ||||||||||
| U.S. Treasury Note | 3.00 | 09/30/25 | 3,537,500 | 3,433,379 | ||||||||||
| U.S. Treasury Note | 3.00 | 10/31/25 | 3,349,400 | 3,246,432 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/15/25 | 7,320,800 | 7,135,063 | ||||||||||
| U.S. Treasury Note | 3.50 | 09/15/25 | 7,508,000 | 7,341,416 | ||||||||||
| U.S. Treasury Note | 3.88 | 03/31/25 | 8,834,300 | 8,726,632 | ||||||||||
| U.S. Treasury Note | 3.88 | 04/30/25 | 7,824,300 | 7,719,772 | ||||||||||
| U.S. Treasury Note | 4.13 | 01/31/25 | 8,892,400 | 8,816,328 | ||||||||||
| U.S. Treasury Note | 4.25 | 12/31/24 | 8,562,800 | 8,502,927 | ||||||||||
| U.S. Treasury Note | 4.25 | 05/31/25 | 7,315,100 | 7,238,234 | ||||||||||
| U.S. Treasury Note | 4.25 | 10/15/25 | 7,336,200 | 7,242,921 | ||||||||||
The accompanying notes are an integral part of these financial statements.
157
BONDBLOXX ETF TRUST
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% (Continued) | ||||||||||||||
| U.S. Treasury Note | 4.50 | 11/30/24 | $ | 8,619,400 | $ | 8,577,482 | ||||||||
| U.S. Treasury Note | 4.50 | 11/15/25 | 5,500,000 | 5,447,041 | ||||||||||
| U.S. Treasury Note | 4.63 | 02/28/25 | 9,092,900 | 9,044,949 | ||||||||||
| U.S. Treasury Note | 4.63 | 06/30/25 | 7,821,600 | 7,769,201 | ||||||||||
| U.S. Treasury Note | 4.75 | 07/31/25 | 7,206,800 | 7,168,795 | ||||||||||
| U.S. Treasury Note | 4.88 | 11/30/25 | 8,000,000 | 7,967,031 | ||||||||||
| U.S. Treasury Note | 5.00 | 08/31/25 | 8,221,000 | 8,200,126 | ||||||||||
| U.S. Treasury Note | 5.00 | 09/30/25 | 8,664,800 | 8,643,477 | ||||||||||
| U.S. Treasury Note | 5.00 | 10/31/25 | 9,484,800 | 9,463,126 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $409,593,991) | 408,236,154 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 4.67 | 05/01/24 | 1,157,976 | 1,157,976 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,157,976) | 1,157,976 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $410,751,967) | $ | 409,394,130 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 3,201,550 | |||||||||||||
| NET ASSETS – 100.0% | $ | 412,595,680 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
158
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.0% | ||||||||||||||
| U.S. Treasury Bond | 6.50 | 11/15/26 | $ | 104,500 | $ | 108,745 | ||||||||
| U.S. Treasury Bond | 6.63 | 02/15/27 | 87,600 | 91,850 | ||||||||||
| U.S. Treasury Note | 0.25 | 05/31/25 | 934,500 | 885,822 | ||||||||||
| U.S. Treasury Note | 0.25 | 07/31/25 | 1,746,600 | 1,643,066 | ||||||||||
| U.S. Treasury Note | 0.25 | 08/31/25 | 1,328,000 | 1,244,481 | ||||||||||
| U.S. Treasury Note | 0.25 | 09/30/25 | 1,160,800 | 1,083,625 | ||||||||||
| U.S. Treasury Note | 0.25 | 10/31/25 | 1,855,100 | 1,725,134 | ||||||||||
| U.S. Treasury Note | 0.38 | 11/30/25 | 1,170,900 | 1,086,993 | ||||||||||
| U.S. Treasury Note | 0.38 | 12/31/25 | 1,834,800 | 1,697,226 | ||||||||||
| U.S. Treasury Note | 0.38 | 01/31/26 | 1,480,500 | 1,364,286 | ||||||||||
| U.S. Treasury Note | 0.50 | 02/28/26 | 1,329,400 | 1,224,009 | ||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | 917,600 | 806,986 | ||||||||||
| U.S. Treasury Note | 0.50 | 05/31/27 | 850,000 | 744,978 | ||||||||||
| U.S. Treasury Note | 0.63 | 07/31/26 | 1,727,900 | 1,569,352 | ||||||||||
| U.S. Treasury Note | 0.63 | 03/31/27 | 704,400 | 624,137 | ||||||||||
| U.S. Treasury Note | 0.75 | 03/31/26 | 1,761,500 | 1,624,846 | ||||||||||
| U.S. Treasury Note | 0.75 | 04/30/26 | 1,724,400 | 1,585,337 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 1,831,600 | 1,678,203 | ||||||||||
| U.S. Treasury Note | 0.75 | 08/31/26 | 1,994,500 | 1,810,866 | ||||||||||
| U.S. Treasury Note | 0.88 | 06/30/26 | 1,647,900 | 1,510,146 | ||||||||||
| U.S. Treasury Note | 0.88 | 09/30/26 | 1,813,500 | 1,647,239 | ||||||||||
| U.S. Treasury Note | 1.13 | 10/31/26 | 1,761,100 | 1,604,390 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/28/27 | 451,800 | 407,396 | ||||||||||
| U.S. Treasury Note | 1.25 | 11/30/26 | 1,811,100 | 1,651,214 | ||||||||||
| U.S. Treasury Note | 1.25 | 12/31/26 | 1,927,900 | 1,753,786 | ||||||||||
| U.S. Treasury Note | 1.38 | 08/31/26 | 750,600 | 691,754 | ||||||||||
| U.S. Treasury Note | 1.50 | 08/15/26 | 1,763,900 | 1,631,883 | ||||||||||
| U.S. Treasury Note | 1.50 | 01/31/27 | 2,387,300 | 2,180,649 | ||||||||||
| U.S. Treasury Note | 1.63 | 02/15/26 | 1,585,200 | 1,491,946 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/26 | 1,577,800 | 1,474,750 | ||||||||||
| U.S. Treasury Note | 1.63 | 09/30/26 | 556,700 | 515,078 | ||||||||||
| U.S. Treasury Note | 1.63 | 10/31/26 | 732,100 | 675,677 | ||||||||||
| U.S. Treasury Note | 1.63 | 11/30/26 | 745,400 | 686,350 | ||||||||||
| U.S. Treasury Note | 1.75 | 12/31/26 | 774,100 | 713,654 | ||||||||||
| U.S. Treasury Note | 1.88 | 06/30/26 | 680,500 | 637,464 | ||||||||||
| U.S. Treasury Note | 1.88 | 07/31/26 | 726,500 | 678,994 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/27 | 1,747,800 | 1,609,751 | ||||||||||
| U.S. Treasury Note | 2.00 | 08/15/25 | 767,600 | 737,496 | ||||||||||
| U.S. Treasury Note | 2.00 | 11/15/26 | 1,597,300 | 1,486,550 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/15/25 | 483,900 | 468,788 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/31/26 | 1,043,800 | 984,801 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/25 | 1,347,100 | 1,289,717 | ||||||||||
| U.S. Treasury Note | 2.25 | 03/31/26 | 688,500 | 653,833 | ||||||||||
| U.S. Treasury Note | 2.25 | 02/15/27 | 1,420,400 | 1,323,580 | ||||||||||
| U.S. Treasury Note | 2.38 | 04/30/26 | 286,400 | 272,086 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/27 | 1,453,000 | 1,351,801 | ||||||||||
The accompanying notes are an integral part of these financial statements.
159
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.0% (Continued) | ||||||||||||||
| U.S. Treasury Note | 2.50 | 02/28/26 | $ | 852,300 | $ | 814,163 | ||||||||
| U.S. Treasury Note | 2.50 | 03/31/27 | 1,604,800 | 1,502,619 | ||||||||||
| U.S. Treasury Note | 2.63 | 12/31/25 | 498,200 | 478,544 | ||||||||||
| U.S. Treasury Note | 2.63 | 01/31/26 | 514,100 | 492,964 | ||||||||||
| U.S. Treasury Note | 2.63 | 05/31/27 | 1,325,600 | 1,241,455 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/15/25 | 1,348,100 | 1,314,371 | ||||||||||
| U.S. Treasury Note | 2.75 | 06/30/25 | 126,800 | 123,305 | ||||||||||
| U.S. Treasury Note | 2.75 | 04/30/27 | 1,624,800 | 1,529,660 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/31/25 | 514,100 | 501,358 | ||||||||||
| U.S. Treasury Note | 2.88 | 06/15/25 | 1,093,100 | 1,065,196 | ||||||||||
| U.S. Treasury Note | 2.88 | 11/30/25 | 182,700 | 176,484 | ||||||||||
| U.S. Treasury Note | 3.00 | 07/15/25 | 1,855,700 | 1,808,583 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/15/25 | 1,751,200 | 1,706,770 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/27 | 1,500,000 | 1,430,391 | ||||||||||
| U.S. Treasury Note | 3.50 | 09/15/25 | 973,700 | 952,096 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/15/26 | 825,900 | 803,672 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/15/26 | 1,848,700 | 1,804,577 | ||||||||||
| U.S. Treasury Note | 3.88 | 01/15/26 | 917,800 | 899,372 | ||||||||||
| U.S. Treasury Note | 4.00 | 12/15/25 | 1,054,900 | 1,036,316 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/26 | 1,086,600 | 1,066,545 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/15/27 | 1,554,600 | 1,519,075 | ||||||||||
| U.S. Treasury Note | 4.13 | 06/15/26 | 943,600 | 926,866 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/15/27 | 1,624,800 | 1,592,367 | ||||||||||
| U.S. Treasury Note | 4.25 | 05/31/25 | 957,400 | 947,340 | ||||||||||
| U.S. Treasury Note | 4.25 | 10/15/25 | 1,793,700 | 1,770,893 | ||||||||||
| U.S. Treasury Note | 4.25 | 12/31/25 | 1,210,800 | 1,193,939 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/31/26 | 317,000 | 312,555 | ||||||||||
| U.S. Treasury Note | 4.25 | 03/15/27 | 1,530,000 | 1,504,360 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/15/26 | 1,389,700 | 1,371,460 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/15/26 | 1,607,500 | 1,586,088 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/25 | 644,600 | 638,393 | ||||||||||
| U.S. Treasury Note | 4.50 | 07/15/26 | 1,350,800 | 1,336,606 | ||||||||||
| U.S. Treasury Note | 4.50 | 04/15/27 | 1,400,000 | 1,385,945 | ||||||||||
| U.S. Treasury Note | 4.63 | 06/30/25 | 993,200 | 986,546 | ||||||||||
| U.S. Treasury Note | 4.63 | 03/15/26 | 1,058,900 | 1,050,607 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/15/26 | 1,433,100 | 1,422,072 | ||||||||||
| U.S. Treasury Note | 4.63 | 10/15/26 | 1,428,300 | 1,417,588 | ||||||||||
| U.S. Treasury Note | 4.63 | 11/15/26 | 1,496,600 | 1,485,492 | ||||||||||
| U.S. Treasury Note | 4.88 | 11/30/25 | 1,210,800 | 1,205,810 | ||||||||||
| U.S. Treasury Note | 5.00 | 08/31/25 | 725,500 | 723,658 | ||||||||||
| U.S. Treasury Note | 5.00 | 09/30/25 | 1,171,300 | 1,168,417 | ||||||||||
| U.S. Treasury Note | 5.00 | 10/31/25 | 1,166,800 | 1,164,134 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $101,454,124) | 100,189,367 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
160
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | $ | 330,052 | $ | 330,052 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $330,052) | 330,052 | |||||||||||||
| TOTAL INVESTMENTS – 99.3% (Cost - $101,784,176) | $ | 100,519,419 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.7% | 713,755 | |||||||||||||
| NET ASSETS – 100.0% | $ | 101,233,174 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
161
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Note | 0.38 | 07/31/27 | $ | 733,600 | $ | 635,911 | ||||||||
| U.S. Treasury Note | 0.38 | 09/30/27 | 916,600 | 789,279 | ||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | 596,400 | 524,506 | ||||||||||
| U.S. Treasury Note | 0.50 | 05/31/27 | 626,200 | 548,830 | ||||||||||
| U.S. Treasury Note | 0.50 | 06/30/27 | 541,800 | 473,440 | ||||||||||
| U.S. Treasury Note | 0.50 | 08/31/27 | 677,600 | 588,056 | ||||||||||
| U.S. Treasury Note | 0.50 | 10/31/27 | 926,600 | 798,722 | ||||||||||
| U.S. Treasury Note | 0.63 | 07/31/26 | 1,172,500 | 1,064,914 | ||||||||||
| U.S. Treasury Note | 0.63 | 03/31/27 | 421,100 | 373,118 | ||||||||||
| U.S. Treasury Note | 0.63 | 11/30/27 | 1,012,800 | 874,371 | ||||||||||
| U.S. Treasury Note | 0.63 | 12/31/27 | 1,080,000 | 929,306 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 1,492,600 | 1,367,595 | ||||||||||
| U.S. Treasury Note | 0.75 | 08/31/26 | 1,298,500 | 1,178,947 | ||||||||||
| U.S. Treasury Note | 0.75 | 01/31/28 | 1,250,600 | 1,078,105 | ||||||||||
| U.S. Treasury Note | 0.88 | 06/30/26 | 1,293,100 | 1,185,005 | ||||||||||
| U.S. Treasury Note | 0.88 | 09/30/26 | 1,017,100 | 923,853 | ||||||||||
| U.S. Treasury Note | 1.13 | 10/31/26 | 927,200 | 844,694 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/28/27 | 310,800 | 280,254 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/29/28 | 1,016,600 | 887,103 | ||||||||||
| U.S. Treasury Note | 1.25 | 11/30/26 | 951,400 | 867,409 | ||||||||||
| U.S. Treasury Note | 1.25 | 12/31/26 | 1,034,200 | 940,799 | ||||||||||
| U.S. Treasury Note | 1.25 | 03/31/28 | 941,600 | 823,569 | ||||||||||
| U.S. Treasury Note | 1.25 | 04/30/28 | 726,800 | 634,048 | ||||||||||
| U.S. Treasury Note | 1.25 | 05/31/28 | 994,200 | 865,381 | ||||||||||
| U.S. Treasury Note | 1.25 | 06/30/28 | 900,000 | 781,313 | ||||||||||
| U.S. Treasury Note | 1.38 | 08/31/26 | 390,400 | 359,793 | ||||||||||
| U.S. Treasury Note | 1.50 | 08/15/26 | 370,000 | 342,308 | ||||||||||
| U.S. Treasury Note | 1.50 | 01/31/27 | 1,553,800 | 1,419,299 | ||||||||||
| U.S. Treasury Note | 1.63 | 09/30/26 | 313,100 | 289,691 | ||||||||||
| U.S. Treasury Note | 1.63 | 10/31/26 | 370,000 | 341,484 | ||||||||||
| U.S. Treasury Note | 1.63 | 11/30/26 | 325,000 | 299,254 | ||||||||||
| U.S. Treasury Note | 1.75 | 12/31/26 | 240,200 | 221,444 | ||||||||||
| U.S. Treasury Note | 1.88 | 07/31/26 | 401,700 | 375,433 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/27 | 896,300 | 825,506 | ||||||||||
| U.S. Treasury Note | 2.00 | 11/15/26 | 852,300 | 793,205 | ||||||||||
| U.S. Treasury Note | 2.25 | 02/15/27 | 486,100 | 452,965 | ||||||||||
| U.S. Treasury Note | 2.25 | 08/15/27 | 927,200 | 854,762 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/27 | 856,000 | 785,012 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/27 | 650,000 | 604,729 | ||||||||||
| U.S. Treasury Note | 2.50 | 03/31/27 | 983,900 | 921,253 | ||||||||||
| U.S. Treasury Note | 2.63 | 05/31/27 | 903,800 | 846,430 | ||||||||||
| U.S. Treasury Note | 2.75 | 04/30/27 | 919,000 | 865,188 | ||||||||||
| U.S. Treasury Note | 2.75 | 07/31/27 | 850,900 | 797,652 | ||||||||||
| U.S. Treasury Note | 2.75 | 02/15/28 | 938,500 | 872,108 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/28 | 823,600 | 766,495 | ||||||||||
| U.S. Treasury Note | 2.88 | 08/15/28 | 900,000 | 834,469 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/27 | 788,200 | 747,004 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/27 | 822,100 | 783,949 | ||||||||||
The accompanying notes are an integral part of these financial statements.
162
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% (Continued) | ||||||||||||||
| U.S. Treasury Note | 3.50 | 01/31/28 | $ | 801,700 | $ | 765,843 | ||||||||
| U.S. Treasury Note | 3.50 | 04/30/28 | 780,800 | 744,534 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/28 | 877,600 | 841,228 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/31/28 | 601,600 | 576,079 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/27 | 829,300 | 803,546 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/27 | 821,500 | 795,732 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/15/27 | 451,200 | 440,889 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/29/28 | 821,600 | 798,653 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/28 | 703,500 | 683,110 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/15/27 | 500,000 | 490,020 | ||||||||||
| U.S. Treasury Note | 4.13 | 09/30/27 | 800,200 | 782,571 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/27 | 728,700 | 712,133 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/28 | 701,200 | 683,971 | ||||||||||
| U.S. Treasury Note | 4.25 | 03/15/27 | 504,700 | 496,242 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/15/26 | 370,000 | 365,144 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/15/26 | 929,100 | 916,724 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/31/28 | 726,800 | 715,813 | ||||||||||
| U.S. Treasury Note | 4.50 | 07/15/26 | 746,000 | 738,161 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/15/26 | 358,400 | 355,642 | ||||||||||
| U.S. Treasury Note | 4.63 | 10/15/26 | 702,500 | 697,231 | ||||||||||
| U.S. Treasury Note | 4.63 | 11/15/26 | 724,700 | 719,321 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/30/28 | 807,500 | 803,052 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/28 | 902,800 | 907,102 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $52,297,215) | 51,490,702 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | 132,572 | 132,572 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $132,572) | 132,572 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $52,429,787) | $ | 51,623,274 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 438,319 | |||||||||||||
| NET ASSETS – 100.0% | $ | 52,061,593 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
163
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.7% | ||||||||||||||
| U.S. Treasury Bond | 5.25 | 02/15/29 | $ | 106,400 | $ | 108,748 | ||||||||
| U.S. Treasury Bond | 5.38 | 02/15/31 | 479,800 | 501,091 | ||||||||||
| U.S. Treasury Note | 0.63 | 05/15/30 | 4,056,600 | 3,194,414 | ||||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 4,500,000 | 3,509,824 | ||||||||||
| U.S. Treasury Note | 1.00 | 07/31/28 | 1,757,800 | 1,505,597 | ||||||||||
| U.S. Treasury Note | 1.13 | 08/31/28 | 1,536,400 | 1,319,864 | ||||||||||
| U.S. Treasury Note | 1.25 | 09/30/28 | 1,775,700 | 1,530,085 | ||||||||||
| U.S. Treasury Note | 1.38 | 10/31/28 | 1,655,300 | 1,431,123 | ||||||||||
| U.S. Treasury Note | 1.38 | 12/31/28 | 1,402,200 | 1,206,549 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/28 | 1,604,400 | 1,392,130 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/30 | 3,266,400 | 2,739,948 | ||||||||||
| U.S. Treasury Note | 1.63 | 08/15/29 | 1,555,800 | 1,334,767 | ||||||||||
| U.S. Treasury Note | 1.75 | 01/31/29 | 1,452,900 | 1,269,755 | ||||||||||
| U.S. Treasury Note | 1.75 | 11/15/29 | 1,832,700 | 1,575,979 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/29 | 1,230,000 | 1,079,565 | ||||||||||
| U.S. Treasury Note | 2.38 | 03/31/29 | 1,127,300 | 1,011,576 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/29 | 1,319,100 | 1,181,470 | ||||||||||
| U.S. Treasury Note | 2.63 | 02/15/29 | 1,473,100 | 1,340,809 | ||||||||||
| U.S. Treasury Note | 2.63 | 07/31/29 | 1,161,200 | 1,048,936 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/31/29 | 1,246,700 | 1,136,299 | ||||||||||
| U.S. Treasury Note | 2.88 | 04/30/29 | 1,178,100 | 1,081,505 | ||||||||||
| U.S. Treasury Note | 3.13 | 11/15/28 | 1,514,500 | 1,414,697 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/29 | 1,200,900 | 1,111,161 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/29 | 958,300 | 893,765 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/30 | 2,262,100 | 2,124,077 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/30 | 1,823,300 | 1,708,560 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/30 | 1,713,800 | 1,618,135 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/28 | 1,642,700 | 1,575,195 | ||||||||||
| U.S. Treasury Note | 3.75 | 05/31/30 | 1,908,000 | 1,811,109 | ||||||||||
| U.S. Treasury Note | 3.75 | 06/30/30 | 2,032,400 | 1,928,001 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/30 | 1,081,900 | 1,023,156 | ||||||||||
| U.S. Treasury Note | 3.88 | 09/30/29 | 1,026,600 | 985,215 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/29 | 1,561,000 | 1,496,670 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/29 | 1,981,200 | 1,898,392 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/29 | 1,744,600 | 1,690,763 | ||||||||||
| U.S. Treasury Note | 4.00 | 10/31/29 | 1,420,000 | 1,370,577 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/28/30 | 1,805,700 | 1,739,891 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/30 | 2,201,100 | 2,116,323 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/31 | 2,025,900 | 1,943,756 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/29 | 1,891,600 | 1,842,537 | ||||||||||
| U.S. Treasury Note | 4.13 | 08/31/30 | 2,568,800 | 2,486,317 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/31 | 1,783,200 | 1,722,878 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/29 | 1,573,600 | 1,541,882 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/31 | 2,025,900 | 1,972,878 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/28 | 1,387,100 | 1,366,294 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/30 | 2,902,200 | 2,847,104 | ||||||||||
The accompanying notes are an integral part of these financial statements.
164
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.7% (Continued) | ||||||||||||||
| U.S. Treasury Note | 4.63 | 04/30/29 | $ | 1,500,000 | $ | 1,494,317 | ||||||||
| U.S. Treasury Note | 4.63 | 09/30/30 | 1,869,700 | 1,860,717 | ||||||||||
| U.S. Treasury Note | 4.63 | 04/30/31 | 1,500,000 | 1,493,320 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/30 | 2,352,300 | 2,373,250 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $81,673,979) | 79,950,971 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.4% | ||||||||||||||
| TIME DEPOSITS – 0.4% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | 283,458 | 283,458 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $283,458) | 283,458 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $81,957,437) | $ | 80,234,429 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 692,930 | |||||||||||||
| NET ASSETS – 100.0% | $ | 80,927,359 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
165
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.6% | ||||||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/36 | $ | 1,000,000 | $ | 996,094 | ||||||||
| U.S. Treasury Note | 0.63 | 05/15/30 | 3,109,900 | 2,448,925 | ||||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 3,017,600 | 2,353,610 | ||||||||||
| U.S. Treasury Note | 0.88 | 11/15/30 | 3,417,200 | 2,692,113 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 3,321,800 | 2,647,059 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 3,467,800 | 2,739,291 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 4,059,800 | 3,211,682 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/30 | 2,826,400 | 2,370,864 | ||||||||||
| U.S. Treasury Note | 1.63 | 08/15/29 | 12,300 | 10,553 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 3,000,300 | 2,455,792 | ||||||||||
| U.S. Treasury Note | 1.75 | 11/15/29 | 1,074,800 | 924,244 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | 11,632,000 | 9,509,160 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 12,393,200 | 10,749,165 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 3,183,400 | 2,797,413 | ||||||||||
| U.S. Treasury Note | 3.38 | 05/15/33 | 13,094,900 | 11,836,562 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/30 | 1,051,500 | 987,342 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/30 | 1,048,600 | 982,612 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 12,959,300 | 11,854,722 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/30 | 992,400 | 937,004 | ||||||||||
| U.S. Treasury Note | 3.75 | 05/31/30 | 1,343,500 | 1,275,275 | ||||||||||
| U.S. Treasury Note | 3.75 | 06/30/30 | 1,136,800 | 1,078,406 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/30 | 1,174,300 | 1,110,539 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/29 | 11,700 | 11,211 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/33 | 14,508,600 | 13,623,349 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/28/30 | 1,023,300 | 986,005 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/30 | 1,286,800 | 1,237,238 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/31 | 1,075,200 | 1,031,604 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/34 | 15,767,000 | 14,933,074 | ||||||||||
| U.S. Treasury Note | 4.13 | 08/31/30 | 1,074,800 | 1,040,289 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/31 | 1,010,200 | 976,027 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 6,126,700 | 5,883,068 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/31 | 1,010,200 | 983,761 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/30 | 1,402,000 | 1,375,384 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/33 | 15,212,000 | 14,992,139 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/30/30 | 1,075,900 | 1,070,731 | ||||||||||
| U.S. Treasury Note | 4.63 | 04/30/31 | 1,000,000 | 995,547 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/30 | 232,000 | 234,066 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $138,365,023) | 135,341,920 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Citibank, New York | 4.67 | 05/01/24 | 117,739 | 117,739 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $117,739) | 117,739 | |||||||||||||
| TOTAL INVESTMENTS – 98.7% (Cost - $138,482,762) | $ | 135,459,659 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.3% | 1,820,887 | |||||||||||||
| NET ASSETS – 100.0% | $ | 137,280,546 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
166
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.0% | ||||||||||||||
| U.S. Treasury Bond | 1.13 | 05/15/40 | $ | 2,200,000 | $ | 1,295,938 | ||||||||
| U.S. Treasury Bond | 1.38 | 11/15/40 | 3,000,000 | 1,818,984 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/41 | 4,876,900 | 3,206,562 | ||||||||||
| U.S. Treasury Bond | 2.00 | 11/15/41 | 3,000,000 | 1,983,047 | ||||||||||
| U.S. Treasury Bond | 2.25 | 05/15/41 | 5,348,300 | 3,728,350 | ||||||||||
| U.S. Treasury Bond | 2.38 | 02/15/42 | 3,920,700 | 2,750,922 | ||||||||||
| U.S. Treasury Bond | 2.75 | 08/15/42 | 1,064,800 | 788,617 | ||||||||||
| U.S. Treasury Bond | 2.75 | 11/15/42 | 1,237,700 | 913,191 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/43 | 2,273,900 | 1,703,116 | ||||||||||
| U.S. Treasury Bond | 3.00 | 05/15/42 | 1,879,000 | 1,452,408 | ||||||||||
| U.S. Treasury Bond | 3.13 | 11/15/41 | 836,500 | 663,907 | ||||||||||
| U.S. Treasury Bond | 3.13 | 02/15/42 | 1,937,000 | 1,532,046 | ||||||||||
| U.S. Treasury Bond | 3.13 | 02/15/43 | 1,762,300 | 1,377,072 | ||||||||||
| U.S. Treasury Bond | 3.25 | 05/15/42 | 4,531,600 | 3,640,857 | ||||||||||
| U.S. Treasury Bond | 3.38 | 08/15/42 | 3,900,800 | 3,183,114 | ||||||||||
| U.S. Treasury Bond | 3.38 | 05/15/44 | 1,445,400 | 1,162,418 | ||||||||||
| U.S. Treasury Bond | 3.50 | 02/15/39 | 488,100 | 425,372 | ||||||||||
| U.S. Treasury Bond | 3.63 | 08/15/43 | 2,546,600 | 2,137,353 | ||||||||||
| U.S. Treasury Bond | 3.63 | 02/15/44 | 2,167,300 | 1,813,590 | ||||||||||
| U.S. Treasury Bond | 3.75 | 08/15/41 | 1,245,200 | 1,084,491 | ||||||||||
| U.S. Treasury Bond | 3.75 | 11/15/43 | 1,499,300 | 1,279,325 | ||||||||||
| U.S. Treasury Bond | 3.88 | 08/15/40 | 1,846,200 | 1,651,484 | ||||||||||
| U.S. Treasury Bond | 3.88 | 02/15/43 | 4,106,600 | 3,589,425 | ||||||||||
| U.S. Treasury Bond | 3.88 | 05/15/43 | 3,132,800 | 2,732,879 | ||||||||||
| U.S. Treasury Bond | 4.00 | 11/15/42 | 4,014,800 | 3,578,504 | ||||||||||
| U.S. Treasury Bond | 4.25 | 05/15/39 | 1,182,600 | 1,119,405 | ||||||||||
| U.S. Treasury Bond | 4.25 | 11/15/40 | 1,533,400 | 1,433,489 | ||||||||||
| U.S. Treasury Bond | 4.38 | 02/15/38 | 689,600 | 669,127 | ||||||||||
| U.S. Treasury Bond | 4.38 | 11/15/39 | 562,500 | 537,979 | ||||||||||
| U.S. Treasury Bond | 4.38 | 05/15/40 | 1,360,300 | 1,296,748 | ||||||||||
| U.S. Treasury Bond | 4.38 | 08/15/43 | 3,293,700 | 3,077,294 | ||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/36 | 431,200 | 429,516 | ||||||||||
| U.S. Treasury Bond | 4.50 | 05/15/38 | 752,200 | 737,802 | ||||||||||
| U.S. Treasury Bond | 4.50 | 08/15/39 | 1,163,500 | 1,130,867 | ||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/44 | 369,500 | 350,823 | ||||||||||
| U.S. Treasury Bond | 4.63 | 02/15/40 | 1,292,600 | 1,270,484 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/41 | 1,146,600 | 1,137,553 | ||||||||||
| U.S. Treasury Bond | 4.75 | 11/15/43 | 3,521,900 | 3,455,864 | ||||||||||
| U.S. Treasury Bond | 5.00 | 05/15/37 | 523,800 | 543,115 | ||||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 55,500 | 43,288 | ||||||||||
| U.S. Treasury Note | 0.88 | 11/15/30 | 4,220,100 | 3,324,648 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 4,709,800 | 3,753,122 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 5,894,000 | 4,655,800 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 5,405,200 | 4,276,020 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 5,372,400 | 4,397,393 | ||||||||||
The accompanying notes are an integral part of these financial statements.
167
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.0% (Continued) | ||||||||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | $ | 5,350,500 | $ | 4,374,034 | ||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 5,262,400 | 4,564,310 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 5,373,500 | 4,721,963 | ||||||||||
| U.S. Treasury Note | 3.38 | 05/15/33 | 4,432,500 | 4,006,564 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 5,285,700 | 4,835,177 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/33 | 5,611,200 | 5,268,829 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/34 | 2,880,800 | 2,728,433 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 4,690,900 | 4,504,363 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/33 | 4,159,700 | 4,099,579 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $131,783,361) | 126,236,561 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | 293,573 | 293,573 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $293,573) | 293,573 | |||||||||||||
| TOTAL INVESTMENTS – 98.2% (Cost - $132,076,934) | $ | 126,530,134 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.8% | 2,276,401 | |||||||||||||
| NET ASSETS – 100.0% | $ | 128,806,535 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
168
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.4% | ||||||||||||||
| U.S. Treasury Bond | 1.25 | 05/15/50 | $ | 1,749,000 | $ | 826,676 | ||||||||
| U.S. Treasury Bond | 1.38 | 08/15/50 | 1,925,100 | 939,990 | ||||||||||
| U.S. Treasury Bond | 1.63 | 11/15/50 | 1,896,800 | 991,967 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/51 | 2,137,900 | 1,194,218 | ||||||||||
| U.S. Treasury Bond | 1.88 | 11/15/51 | 1,992,300 | 1,105,415 | ||||||||||
| U.S. Treasury Bond | 2.00 | 02/15/50 | 1,461,400 | 850,809 | ||||||||||
| U.S. Treasury Bond | 2.00 | 08/15/51 | 2,109,800 | 1,211,981 | ||||||||||
| U.S. Treasury Bond | 2.25 | 08/15/49 | 1,282,200 | 796,066 | ||||||||||
| U.S. Treasury Bond | 2.25 | 02/15/52 | 1,814,200 | 1,106,662 | ||||||||||
| U.S. Treasury Bond | 2.38 | 11/15/49 | 1,219,700 | 778,035 | ||||||||||
| U.S. Treasury Bond | 2.38 | 05/15/51 | 2,071,600 | 1,307,536 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/52 | 1,675,600 | 1,179,465 | ||||||||||
| U.S. Treasury Bond | 3.00 | 08/15/52 | 1,647,300 | 1,189,659 | ||||||||||
| U.S. Treasury Bond | 3.63 | 02/15/53 | 1,601,200 | 1,308,481 | ||||||||||
| U.S. Treasury Bond | 3.63 | 05/15/53 | 1,398,700 | 1,143,546 | ||||||||||
| U.S. Treasury Bond | 4.25 | 02/15/54 | 270,400 | 247,648 | ||||||||||
| U.S. Treasury Bond | 4.75 | 11/15/53 | 24,400 | 24,276 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/44 | 98,500 | 37,605 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/44 | 442,100 | 162,998 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/45 | 339,500 | 123,612 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/45 | 181,800 | 64,649 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/46 | 927,900 | 322,282 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/46 | 498,700 | 169,139 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/47 | 246,000 | 80,575 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/47 | 607,200 | 196,510 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/47 | 910,600 | 291,552 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/48 | 1,108,100 | 351,194 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/48 | 1,255,700 | 389,537 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/49 | 936,100 | 284,852 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/49 | 1,818,600 | 548,422 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/50 | 1,153,600 | 338,104 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/50 | 1,222,000 | 356,003 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/50 | 1,433,100 | 412,380 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/50 | 1,595,000 | 454,108 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/51 | 1,203,100 | 339,970 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/51 | 1,004,100 | 280,815 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/51 | 1,176,300 | 325,941 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/51 | 1,394,600 | 383,243 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/52 | 1,905,700 | 519,378 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/52 | 1,856,000 | 497,495 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/53 | 2,840,500 | 743,357 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $25,756,461) | 23,876,151 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
169
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.4% | ||||||||||||||
| TIME DEPOSITS – 0.4% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | $ | 102,256 | $ | 102,256 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $102,256) | 102,256 | |||||||||||||
| TOTAL INVESTMENTS – 98.8% (Cost - $25,858,717) | $ | 23,978,407 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.2% | 284,238 | |||||||||||||
| NET ASSETS – 100.0% | $ | 24,262,645 | ||||||||||||
ZCP Indicates a zero coupon rate.
The accompanying notes are an integral part of these financial statements.
170
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ASSET-BACKED SECURITIES – 7.8% | ||||||||||||||
| AIMCO CLO 2017-AA Class AR (CME Term SOFR 3 Month + 1.31%)(1),(2) | 6.64 | 04/20 /34 | $ | 411,000 | $ | 411,100 | ||||||||
| Avis Budget Rental Car Funding AESOP LLC 2024-2A Class A(1) | 5.13 | 10/20/28 | 250,000 | 245,996 | ||||||||||
| CCG Receivables Trust 2023-2 Class A2(1) | 6.28 | 04/14/32 | 100,000 | 100,770 | ||||||||||
| CIFC Funding 2015-III Ltd 2015-3A Class AR (CME Term SOFR 3 Month + 1.13%)(1),(2) | 6.46 | 04/19/29 | 214,469 | 215,333 | ||||||||||
| CIFC Funding 2018-III Ltd 2018-3A Class A (CME Term SOFR 3 Month + 1.36%)(1),(2) | 6.69 | 07/18/31 | 230,989 | 231,468 | ||||||||||
| DB Master Finance LLC 2021-1A Class A2I(1) | 2.05 | 11/20/51 | 293,250 | 266,491 | ||||||||||
| DB Master Finance LLC 2021-1A Class A2II(1) | 2.49 | 11/20/51 | 195,500 | 169,695 | ||||||||||
| Domino’s Pizza Master Issuer LLC 2021-1A Class A2I(1) | 2.66 | 04/25/51 | 413,313 | 361,869 | ||||||||||
| Goldentree Loan Management US Clo 10 Ltd 2021-10A Class A (CME Term SOFR 3 Month + 1.36%)(1),(2) | 6.69 | 07/20/34 | 270,000 | 270,729 | ||||||||||
| LCM XVIII LP 18A Class A1R (CME Term SOFR 3 Month + 1.28%)(1),(2) | 6.61 | 04/20/31 | 341,767 | 342,109 | ||||||||||
| NextGear Floorplan Master Owner Trust 2023-1A Class A2(1) | 5.74 | 03/15/28 | 100,000 | 100,240 | ||||||||||
| PFS Financing Corp 2022-D Class A(1) | 4.27 | 08/15/27 | 100,000 | 98,231 | ||||||||||
| Planet Fitness Master Issuer LLC 2022-1A Class A2I(1) | 3.25 | 12/05/51 | 255,780 | 237,362 | ||||||||||
| TCI-Flatiron CLO 2016-1 Ltd 2016-1A Class AR3 (CME Term SOFR 3 Month + 1.10%)(1),(2) | 6.42 | 01/17/32 | 264,079 | 264,142 | ||||||||||
| Tricon Residential 2023-SFR1 Trust 2023-SFR1 Class A(1) | 5.10 | 07/17/40 | 99,908 | 97,330 | ||||||||||
| Wendy’s Funding LLC 2019-1A Class A2I(1) | 3.78 | 06/15/49 | 448,734 | 427,517 | ||||||||||
| Wheels Fleet Lease Funding 1 LLC 2023-1A Class A(1) | 5.80 | 04/18/38 | 300,000 | 299,876 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $4,152,973) | 4,140,258 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 5.5% | ||||||||||||||
| BX Commercial Mortgage Trust 2021-VOLT Class A (CME Term SOFR 1 Month + 0.81%)(1),(2) | 6.14 | 09/15/36 | 625,000 | 619,178 | ||||||||||
| BX Trust 2022-CLS Class A(1) | 5.76 | 10/13/27 | 221,000 | 217,442 | ||||||||||
| BX Trust 2024-BIO Class A (CME Term SOFR 1 Month + 1.64%)(1),(2) | 6.96 | 02/15/41 | 250,000 | 250,572 | ||||||||||
| Citigroup Commercial Mortgage Trust 2016-GC37 Class A3 | 3.05 | 04/10/49 | 87,633 | 84,087 | ||||||||||
| COMM Mortgage Trust 2015-CR23 Class A4 | 3.50 | 05/10/48 | 130,000 | 126,892 | ||||||||||
| COMM Mortgage Trust 2015-LC19 Class A4 | 3.18 | 02/10/48 | 565,000 | 554,157 | ||||||||||
| GS Mortgage Securities Corp II 2023-SHIP Class A(1),(2) | 4.47 | 09/10/38 | 165,000 | 158,399 | ||||||||||
| GS Mortgage Securities Trust 2016-GS2 Class A4 | 3.05 | 05/10/49 | 85,000 | 80,453 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24 Class A4 | 3.73 | 05/15/48 | 323,000 | 313,230 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 Class A4 | 3.37 | 10/15/48 | 50,000 | 48,615 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 Class A4 | 3.72 | 12/15/49 | 393,000 | 372,353 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2015-C31 Class A4 | 3.70 | 11/15/48 | 90,000 | 87,099 | ||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $2,922,565) | 2,912,477 | |||||||||||||
| CORPORATE BONDS – 23.6% | ||||||||||||||
| AIRLINES – 0.7% | ||||||||||||||
| Continental Airlines 2012-2 Class A Pass Through Trust | 4.00 | 10/29/24 | 127,111 | 125,959 | ||||||||||
| Delta Air Lines 2020-1 Class AA Pass Through Trust | 2.00 | 06/10/28 | 293,358 | 262,525 | ||||||||||
| 388,484 | ||||||||||||||
| APPAREL – 0.2% | ||||||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 91,000 | 88,664 | ||||||||||
The accompanying notes are an integral part of these financial statements.
171
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| AUTO MANUFACTURERS – 1.0% | ||||||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | $ | 200,000 | $ | 185,743 | ||||||||
| General Motors Financial Co., Inc. | 5.40 | 04/06/26 | 144,000 | 143,148 | ||||||||||
| Hyundai Capital America(1) | 5.50 | 03/30/26 | 202,000 | 200,810 | ||||||||||
| 529,701 | ||||||||||||||
| BANKS – 5.2% | ||||||||||||||
| Bank of America Corp. | 5.08 | 01/20/27 | 183,000 | 181,132 | ||||||||||
| Bank of New York Mellon Corp.(3) | 4.70 | - | 262,000 | 256,622 | ||||||||||
| Barclays PLC | 5.83 | 05/09/27 | 200,000 | 199,342 | ||||||||||
| Citigroup, Inc. | 2.01 | 01/25/26 | 176,000 | 170,898 | ||||||||||
| Depository Trust & Clearing Corp.(1),(3) | 3.38 | - | 250,000 | 220,275 | ||||||||||
| HSBC Holdings PLC | 5.89 | 08/14/27 | 200,000 | 200,220 | ||||||||||
| JPMorgan Chase & Co. | 1.58 | 04/22/27 | 183,000 | 168,935 | ||||||||||
| Morgan Stanley | 0.99 | 12/10/26 | 164,000 | 151,909 | ||||||||||
| Northern Trust Corp.(3) | 4.60 | - | 296,000 | 284,765 | ||||||||||
| PNC Financial Services Group, Inc. | 5.81 | 06/12/26 | 84,000 | 84,036 | ||||||||||
| Truist Financial Corp. | 4.26 | 07/28/26 | 77,000 | 75,557 | ||||||||||
| Truist Financial Corp.(3) | 4.95 | - | 258,000 | 251,354 | ||||||||||
| US Bancorp | 5.73 | 10/21/26 | 113,000 | 112,991 | ||||||||||
| Wells Fargo & Co.(3) | 3.90 | - | 270,000 | 256,261 | ||||||||||
| Wells Fargo & Co. | 4.54 | 08/15/26 | 119,000 | 117,128 | ||||||||||
| 2,731,425 | ||||||||||||||
| COMMERCIAL SERVICES – 1.6% | ||||||||||||||
| Ashtead Capital, Inc.(1) | 4.00 | 05/01/28 | 200,000 | 186,146 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 214,000 | 201,333 | ||||||||||
| Element Fleet Management Corp.(1) | 5.64 | 03/13/27 | 258,000 | 256,248 | ||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 221,000 | 203,712 | ||||||||||
| 847,439 | ||||||||||||||
| COMPUTERS – 0.6% | ||||||||||||||
| Genpact Luxembourg Sarl/Genpact USA, Inc. | 1.75 | 04/10/26 | 164,000 | 152,361 | ||||||||||
| Seagate HDD Cayman | 4.75 | 01/01/25 | 89,000 | 88,203 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 90,000 | 87,648 | ||||||||||
| 328,212 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.2% | ||||||||||||||
| Coty, Inc.(1) | 5.00 | 04/15/26 | 91,000 | 89,334 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.4% | ||||||||||||||
| American Express Co.(3) | 3.55 | - | 198,000 | 181,148 | ||||||||||
| American Express Co. | 5.65 | 04/23/27 | 131,000 | 131,082 | ||||||||||
| Aviation Capital Group LLC(1) | 1.95 | 01/30/26 | 165,000 | 153,665 | ||||||||||
| Capital One Financial Corp. | 7.15 | 10/29/27 | 242,000 | 249,083 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 88,000 | 89,460 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 127,000 | 119,844 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 95,000 | 94,770 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 166,000 | 152,868 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 91,000 | 89,592 | ||||||||||
| 1,261,512 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
172
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| ELECTRIC – 0.4% | ||||||||||||||
| NextEra Energy Operating Partners LP(1) | 3.88 | 10/15/26 | $ | 218,000 | $ | 204,148 | ||||||||
| ENTERTAINMENT – 0.5% | ||||||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 271,000 | 255,417 | ||||||||||
| ENVIRONMENTAL CONTROL – 0.2% | ||||||||||||||
| GFL Environmental, Inc.(1) | 5.13 | 12/15/26 | 92,000 | 89,689 | ||||||||||
| INSURANCE – 1.8% | ||||||||||||||
| Athene Global Funding(1) | 1.73 | 10/02/26 | 284,000 | 257,020 | ||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 254,000 | 230,224 | ||||||||||
| MetLife, Inc.(3) | 3.85 | - | 205,000 | 196,441 | ||||||||||
| SBL Holdings, Inc.(1) | 5.13 | 11/13/26 | 267,000 | 252,839 | ||||||||||
| 936,524 | ||||||||||||||
| INVESTMENT COMPANIES – 1.6% | ||||||||||||||
| Antares Holdings LP(1) | 3.95 | 07/15/26 | 250,000 | 234,214 | ||||||||||
| Barings BDC, Inc. | 3.30 | 11/23/26 | 99,000 | 90,283 | ||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 166,000 | 153,539 | ||||||||||
| HPS Corporate Lending Fund(1) | 6.75 | 01/30/29 | 126,000 | 124,328 | ||||||||||
| Oaktree Specialty Lending Corp. | 2.70 | 01/15/27 | 137,000 | 123,000 | ||||||||||
| Sixth Street Lending Partners(1) | 6.50 | 03/11/29 | 125,000 | 122,711 | ||||||||||
| 848,075 | ||||||||||||||
| IRON/STEEL – 0.2% | ||||||||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 93,000 | 93,986 | ||||||||||
| LEISURE TIME – 0.2% | ||||||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 91,000 | 89,329 | ||||||||||
| MEDIA – 0.4% | ||||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 163,000 | 152,906 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 91,000 | 89,234 | ||||||||||
| 242,140 | ||||||||||||||
| MINING – 0.3% | ||||||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 191,000 | 178,784 | ||||||||||
| OIL & GAS – 0.3% | ||||||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 95,000 | 91,973 | ||||||||||
| Permian Resources Operating LLC(1) | 7.75 | 02/15/26 | 86,000 | 86,849 | ||||||||||
| 178,822 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.3% | ||||||||||||||
| Berry Global, Inc.(1) | 4.50 | 02/15/26 | 170,000 | 165,354 | ||||||||||
| PHARMACEUTICALS – 0.5% | ||||||||||||||
| CVS Pass-Through Trust(1) | 5.77 | 01/10/33 | 75,929 | 74,458 | ||||||||||
| CVS Pass-Through Trust(1) | 5.93 | 01/10/34 | 180,508 | 173,721 | ||||||||||
| 248,179 | ||||||||||||||
| PIPELINES – 0.8% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 183,000 | 179,822 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 98,000 | 92,345 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | 189,000 | 180,888 | ||||||||||
| 453,055 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
173
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| PRIVATE EQUITY – 0.5% | ||||||||||||||
| HAT Holdings I LLC/HAT Holdings II LLC(1) | 6.00 | 04/15/25 | $ | 95,000 | $ | 94,603 | ||||||||
| Hercules Capital, Inc. | 2.63 | 09/16/26 | 170,000 | 153,937 | ||||||||||
| 248,540 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 2.0% | ||||||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 305,000 | 282,391 | ||||||||||
| EPR Properties | 4.75 | 12/15/26 | 264,000 | 253,295 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 98,000 | 92,194 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 175,000 | 162,232 | ||||||||||
| VICI Properties LP | 4.38 | 05/15/25 | 257,000 | 253,001 | ||||||||||
| 1,043,113 | ||||||||||||||
| RETAIL – 0.9% | ||||||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 91,000 | 89,050 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 161,000 | 162,152 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.50 | 11/15/26 | 92,000 | 88,344 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 161,000 | 151,936 | ||||||||||
| 491,482 | ||||||||||||||
| TELECOMMUNICATIONS – 0.3% | ||||||||||||||
| T-Mobile USA, Inc. | 2.25 | 02/15/26 | 203,000 | 191,573 | ||||||||||
| TRUCKING & LEASING – 0.5% | ||||||||||||||
| Penske Truck Leasing Co. LP/PTL Finance Corp.(1) | 1.70 | 06/15/26 | 278,000 | 255,315 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $12,543,551) | 12,478,296 | |||||||||||||
| MUNICIPAL BONDS – 61.3% | ||||||||||||||
| ALABAMA – 2.9% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 10/01/52 | 825,000 | 824,326 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series B, Revenue Bonds | 4.00 | 06/01/29 | 700,000 | 694,652 | ||||||||||
| 1,518,978 | ||||||||||||||
| ARIZONA – 2.8% | ||||||||||||||
| Arizona Transportation Board, Revenue Bonds | 5.00 | 07/01/25 | 430,000 | 437,812 | ||||||||||
| Salt River Project Agricultural Improvement & Power District, Series A, Revenue Bonds | 5.00 | 01/01/25 | 425,000 | 428,997 | ||||||||||
| Town of Prescott Valley, Series A, Revenue Bonds | 5.00 | 01/01/25 | 625,000 | 629,852 | ||||||||||
| 1,496,661 | ||||||||||||||
| CALIFORNIA – 1.2% | ||||||||||||||
| State of California, General Obligation | 5.00 | 09/01/24 | 625,000 | 627,802 | ||||||||||
| CONNECTICUT – 0.7% | ||||||||||||||
| City of New Haven, Series A, General Obligation | 5.00 | 08/01/25 | 375,000 | 379,381 | ||||||||||
| DELAWARE – 0.6% | ||||||||||||||
| State of Delaware, Series A, General Obligation | 5.00 | 10/01/25 | 335,000 | 342,684 | ||||||||||
| FLORIDA – 3.3% | ||||||||||||||
| County of Miami-Dade, Series A, General Obligation | 5.00 | 07/01/28 | 175,000 | 180,525 | ||||||||||
| Hillsborough County School Board, Certificate Participation | 5.00 | 07/01/26 | 600,000 | 606,634 | ||||||||||
| Pinellas County School Board, Series A, Certificate Participation | 5.00 | 07/01/25 | 450,000 | 456,116 | ||||||||||
The accompanying notes are an integral part of these financial statements.
174
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| FLORIDA – 3.3% (Continued) | ||||||||||||||
| School District of Broward County, General Obligation | 5.00 | 07/01/26 | $ | 165,000 | $ | 170,680 | ||||||||
| School District of Broward County, Series B, Certificate Participation | 5.00 | 07/01/30 | 325,000 | 328,618 | ||||||||||
| 1,742,573 | ||||||||||||||
| HAWAII – 0.4% | ||||||||||||||
| City & County of Honolulu, General Obligation | 5.00 | 03/01/25 | 185,000 | 187,277 | ||||||||||
| ILLINOIS – 12.4% | ||||||||||||||
| City of Chicago Waterworks Revenue, Series A-1, Revenue Bonds | 5.00 | 11/01/30 | 325,000 | 335,523 | ||||||||||
| City of Mount Vernon, General Obligation | 4.00 | 12/15/27 | 905,000 | 915,145 | ||||||||||
| Cook County School District No 81 Schiller Park, General Obligation | 4.00 | 12/01/24 | 440,000 | 440,078 | ||||||||||
| County of Cook Sales Tax Revenue, Series B, Revenue Bonds | 5.00 | 11/15/25 | 925,000 | 945,979 | ||||||||||
| DuPage County Community Unit School District No 200 Wheaton-Warrenville, General Obligation | 5.00 | 10/01/25 | 815,000 | 828,947 | ||||||||||
| Illinois Development Finance Authority, Revenue Bonds | ZCP | 07/15/25 | 675,000 | 645,571 | ||||||||||
| Metropolitan Water Reclamation District of Greater Chicago, Series A, General Obligation | 5.00 | 12/01/28 | 625,000 | 647,731 | ||||||||||
| Metropolitan Water Reclamation District of Greater Chicago, Series A, General Obligation | 5.00 | 12/01/29 | 180,000 | 186,727 | ||||||||||
| Peoria Public Building Commission, Revenue Bonds | 4.00 | 12/01/26 | 350,000 | 351,999 | ||||||||||
| State of Illinois, Series D, General Obligation | 5.00 | 11/01/26 | 1,200,000 | 1,237,848 | ||||||||||
| 6,535,548 | ||||||||||||||
| INDIANA – 1.0% | ||||||||||||||
| Indiana Finance Authority, Series A, Revenue Bonds | 5.00 | 07/01/28 | 520,000 | 537,777 | ||||||||||
| KENTUCKY – 2.3% | ||||||||||||||
| Kentucky Public Energy Authority, Series C, Revenue Bonds | 4.00 | 02/01/50 | 310,000 | 309,223 | ||||||||||
| Kentucky Turnpike Authority, Series A, Revenue Bonds | 5.00 | 07/01/25 | 550,000 | 559,046 | ||||||||||
| Louisville/Jefferson County Metropolitan Government, Revenue Bonds | 5.00 | 10/01/29 | 350,000 | 358,563 | ||||||||||
| 1,226,832 | ||||||||||||||
| MARYLAND – 0.8% | ||||||||||||||
| Maryland State Transportation Authority, Revenue Bonds | 5.00 | 07/01/26 | 425,000 | 440,442 | ||||||||||
| MASSACHUSETTS – 0.5% | ||||||||||||||
| City of Boston, Series A, General Obligation | 5.00 | 04/01/25 | 240,000 | 243,549 | ||||||||||
| MICHIGAN – 2.7% | ||||||||||||||
| City of Saginaw Water Supply System Revenue, Revenue Bonds | 4.00 | 07/01/25 | 215,000 | 215,329 | ||||||||||
| Michigan Finance Authority, Revenue Bonds | 5.00 | 11/15/25 | 1,205,000 | 1,225,998 | ||||||||||
| 1,441,327 | ||||||||||||||
| MISSOURI – 1.7% | ||||||||||||||
| Health & Educational Facilities Authority of the State of Missouri, Revenue Bonds | 5.00 | 10/01/25 | 875,000 | 889,249 | ||||||||||
| NEVADA – 1.9% | ||||||||||||||
| County of Clark, Series A, General Obligation | 5.00 | 07/01/27 | 155,000 | 157,450 | ||||||||||
| State of Nevada, Series A, General Obligation | 5.00 | 05/01/25 | 475,000 | 481,866 | ||||||||||
| Washoe County School District, Series C, General Obligation | 5.00 | 10/01/24 | 390,000 | 391,970 | ||||||||||
| 1,031,286 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
175
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| NEW HAMPSHIRE – 1.4% | ||||||||||||||
| New Hampshire Municipal Bond Bank, Series B, Revenue Bonds | 5.00 | 08/15/24 | $ | 745,000 | $ | 747,537 | ||||||||
| NEW JERSEY – 6.0% | ||||||||||||||
| New Jersey Economic Development Authority, Series A, Revenue Bonds | 5.00 | 07/15/24 | 770,000 | 770,952 | ||||||||||
| New Jersey Economic Development Authority, Series B, Revenue Bonds | 5.00 | 06/15/24 | 400,000 | 400,371 | ||||||||||
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds | 5.00 | 07/01/42 | 950,000 | 963,887 | ||||||||||
| New Jersey Housing & Mortgage Finance Agency, Series K, Revenue Bonds | 3.60 | 10/01/27 | 710,000 | 709,047 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Series AA, Revenue Bonds | 5.00 | 06/15/26 | 300,000 | 308,716 | ||||||||||
| 3,152,973 | ||||||||||||||
| NEW MEXICO – 0.3% | ||||||||||||||
| State of New Mexico Severance Tax Permanent Fund, Revenue Bonds | 5.00 | 07/01/25 | 155,000 | 157,798 | ||||||||||
| NEW YORK – 4.4% | ||||||||||||||
| New York City Housing Development Corp., Revenue Bonds | 3.63 | 11/01/63 | 1,000,000 | 994,534 | ||||||||||
| New York City Municipal Water Finance Authority, Series FF, Revenue Bonds | 5.00 | 06/15/28 | 265,000 | 269,220 | ||||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Series F-3, Revenue Bonds | 5.00 | 02/01/29 | 1,055,000 | 1,079,727 | ||||||||||
| 2,343,481 | ||||||||||||||
| PENNSYLVANIA – 5.8% | ||||||||||||||
| City of Philadelphia Airport Revenue, Series A, Revenue Bonds | 5.00 | 07/01/24 | 200,000 | 200,269 | ||||||||||
| City of Philadelphia Water & Wastewater Revenue, Revenue Bonds | 5.00 | 10/01/26 | 700,000 | 726,335 | ||||||||||
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Series B, Revenue Bonds | 5.00 | 12/01/28 | 500,000 | 519,831 | ||||||||||
| Sports & Exhibition Authority of Pittsburgh & Allegheny County, Revenue Bonds | 5.00 | 02/01/27 | 475,000 | 495,048 | ||||||||||
| Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series B, Revenue Bonds | 4.00 | 02/01/26 | 1,100,000 | 1,109,925 | ||||||||||
| 3,051,408 | ||||||||||||||
| RHODE ISLAND – 0.5% | ||||||||||||||
| Rhode Island Commerce Corp., Series B, Revenue Bonds | 5.00 | 06/15/27 | 250,000 | 258,226 | ||||||||||
| TENNESSEE – 0.9% | ||||||||||||||
| Tennergy Corp., Series A, Revenue Bonds | 5.00 | 02/01/50 | 450,000 | 451,835 | ||||||||||
| TEXAS – 2.3% | ||||||||||||||
| City of College Station, General Obligation | 5.00 | 02/15/26 | 155,000 | 159,411 | ||||||||||
| City of Dallas Hotel Occupancy Tax Revenue, Revenue Bonds | 4.00 | 08/15/28 | 550,000 | 550,409 | ||||||||||
| Klein Independent School District, General Obligation | 5.00 | 08/01/25 | 185,000 | 188,427 | ||||||||||
| Lower Colorado River Authority, Revenue Bonds | 5.00 | 05/15/25 | 165,000 | 167,386 | ||||||||||
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue, Series A, Revenue Bonds | 5.00 | 11/01/27 | 165,000 | 171,294 | ||||||||||
| 1,236,927 | ||||||||||||||
| VIRGINIA – 0.4% | ||||||||||||||
| Virginia Commonwealth Transportation Board, Revenue Bonds | 5.00 | 05/15/25 | 185,000 | 187,902 | ||||||||||
| WASHINGTON – 0.3% | ||||||||||||||
| Energy Northwest, Revenue Bonds | 5.00 | 07/01/25 | 175,000 | 178,019 | ||||||||||
The accompanying notes are an integral part of these financial statements.
176
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2024 (Unaudited)
| Rate (%) | Maturity | Face Amount | Value | |||||||||||
| WEST VIRGINIA – 2.1% | ||||||||||||||
| West Virginia Housing Development Fund, Series A, Revenue Bonds | 3.25 | 11/01/27 | $ | 1,100,000 | $ | 1,094,564 | ||||||||
| WISCONSIN – 1.7% | ||||||||||||||
| State of Wisconsin, Series 1, General Obligation | 5.00 | 11/01/25 | 750,000 | 761,093 | ||||||||||
| State of Wisconsin, Series 2021-2, General Obligation | 5.00 | 05/01/25 | 120,000 | 121,841 | ||||||||||
| 882,934 | ||||||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $32,526,677) | 32,384,970 | |||||||||||||
| SHORT-TERM INVESTMENTS – 5.3% | ||||||||||||||
| TIME DEPOSITS – 5.3% | ||||||||||||||
| JP Morgan Chase, New York | 4.67 | 05/01/24 | 2,801,555 | 2,801,555 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $2,801,555) | 2,801,555 | |||||||||||||
| TOTAL INVESTMENTS – 103.5% (Cost - $54,947,321) | $ | 54,717,556 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (3.5)% | (1,857,642 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 52,859,914 | ||||||||||||
SOFR Secured Overnight Financing Rate
ZCP Indicates a zero coupon rate.
| (1) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that Rule except to qualified institutional buyers. The aggregate value of Rule 144A holdings at April 30, 2024, amounts to $11,232,584 and represents 21.2% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. | |
| (2) | Variable rate security. Interest rate disclosed is that which is in effect at April 30, 2024. | |
| (3) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
177
Statements of Assets and Liabilities
April 30, 2024 (Unaudited)
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | BondBloxx USD High Yield Bond Energy Sector ETF | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 61,580,156 | $ | 34,461,657 | $ | 30,503,298 | $ | 44,316,405 | $ | 67,540,022 | ||||||||||
| Cash | 5,001 | - | - | - | - | |||||||||||||||
| Receivable for investments sold | 601,909 | 805,907 | 295,697 | 928,279 | 167,894 | |||||||||||||||
| Receivable for shares created | - | - | - | - | 7,764,220 | |||||||||||||||
| Interest income receivable | 988,210 | 617,704 | 465,332 | 704,907 | 1,210,795 | |||||||||||||||
| TOTAL ASSETS | 63,175,276 | 35,885,268 | 31,264,327 | 45,949,591 | 76,682,931 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 1,394,683 | 1,150,926 | 637,233 | 1,947,247 | 10,693,117 | |||||||||||||||
| Management fees payable (Note 3) | 32,133 | 19,208 | 12,375 | 23,490 | 22,056 | |||||||||||||||
| TOTAL LIABILITIES | 1,426,816 | 1,170,134 | 649,608 | 1,970,737 | 10,715,173 | |||||||||||||||
| NET ASSETS | $ | 61,748,460 | $ | 34,715,134 | $ | 30,614,719 | $ | 43,978,854 | $ | 65,967,758 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 61,206,705 | 35,808,933 | 31,015,316 | 43,253,122 | 65,727,408 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 541,755 | (1,093,799 | ) | (400,597 | ) | 725,732 | 240,350 | |||||||||||||
| NET ASSETS | $ | 61,748,460 | $ | 34,715,134 | $ | 30,614,719 | $ | 43,978,854 | $ | 65,967,758 | ||||||||||
| Shares outstanding | 1,650,000 | 1,050,000 | 900,000 | 1,200,000 | 1,702,500 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 37.42 | $ | 33.06 | $ | 34.02 | $ | 36.65 | $ | 38.75 | ||||||||||
| Investment in securities, at cost | $ | 61,247,890 | $ | 35,250,420 | $ | 30,484,587 | $ | 43,615,091 | $ | 67,403,987 | ||||||||||
The accompanying notes are an integral part of these financial statements.
178
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2024 (Unaudited)
BondBloxx | BondBloxx | BondBloxx | BondBloxx | BondBloxx | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 45,734,831 | $ | 11,019,870 | $ | 39,295,311 | (a) | $ | 56,998,521 | $ | 13,666,450 | |||||||||
| Receivable for investments sold | 1,061,969 | 418,004 | - | 1,389,702 | 276,295 | |||||||||||||||
| Interest income receivable | 755,410 | 157,624 | - | 855,535 | 228,220 | |||||||||||||||
| Due from the Adviser | - | - | 107,655 | - | - | |||||||||||||||
| TOTAL ASSETS | 47,552,210 | 11,595,498 | 39,402,966 | 59,243,758 | 14,170,965 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | - | - | 3,708 | - | - | |||||||||||||||
| Payable for investments purchased | 1,476,006 | 483,519 | - | 1,874,296 | 548,498 | |||||||||||||||
| Management fees payable (Note 3) | 20,879 | 6,533 | 42,708 | 18,545 | 6,850 | |||||||||||||||
| Administration fees payable (Note 3) | - | - | 4,344 | - | - | |||||||||||||||
| Legal fees payable | - | - | 18,598 | - | - | |||||||||||||||
| Trustees’ fees payable (Note 3) | - | - | 2,113 | - | - | |||||||||||||||
| Transfer Agent fees payable | - | - | 2,486 | - | - | |||||||||||||||
| Other accrued expenses payable | - | - | 62,008 | - | - | |||||||||||||||
| TOTAL LIABILITIES | 1,496,885 | 490,052 | 135,965 | 1,892,841 | 555,348 | |||||||||||||||
| NET ASSETS | $ | 46,055,325 | $ | 11,105,446 | $ | 39,267,001 | $ | 57,350,917 | $ | 13,615,617 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 45,627,072 | 11,186,387 | 98,317,979 | 57,884,111 | 13,819,684 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 428,253 | (80,941 | ) | (59,050,978 | ) | (533,194 | ) | (204,067 | ) | |||||||||||
| NET ASSETS | $ | 46,055,325 | $ | 11,105,446 | $ | 39,267,001 | $ | 57,350,917 | $ | 13,615,617 | ||||||||||
| Shares outstanding | 1,250,000 | 300,000 | 2,660,000 | 1,450,000 | 350,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 36.84 | $ | 37.02 | $ | 14.76 | $ | 39.55 | $ | 38.90 | ||||||||||
| Investment in securities, at cost | $ | 45,567,772 | $ | 11,044,426 | $ | 39,152,169 | (a) | $ | 57,015,718 | $ | 13,605,478 | |||||||||
| (a) | For the BondBloxx USD High Yield Bond Sector Rotation ETF, $39,246,678 (cost $39,103,536) is invested in affiliated investment companies of the BondBloxx ETF Trust. |
The accompanying notes are an integral part of these financial statements.
179
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2024 (Unaudited)
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | BondBloxx BBB Rated 10+ Year Corporate Bond ETF | BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 54,430,569 | $ | 2,470,630 | $ | 4,848,651 | $ | 4,666,624 | $ | 207,384,811 | ||||||||||
| Receivable for investments sold | 772,716 | 97,066 | 139,730 | 103,996 | 4,250,716 | |||||||||||||||
| Interest income receivable | 1,146,019 | 28,337 | 58,239 | 68,609 | 2,365,637 | |||||||||||||||
| TOTAL ASSETS | 56,349,304 | 2,596,033 | 5,046,620 | 4,839,229 | 214,001,164 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | - | - | - | - | 7,530 | |||||||||||||||
| Payable for investments purchased | 3,301,739 | 112,381 | 150,794 | 109,072 | 2,978,110 | |||||||||||||||
| Management fees payable (Note 3) | 29,174 | 491 | 871 | 850 | 98,260 | |||||||||||||||
| TOTAL LIABILITIES | 3,330,913 | 112,872 | 151,665 | 109,922 | 3,083,900 | |||||||||||||||
| NET ASSETS | $ | 53,018,391 | $ | 2,483,161 | $ | 4,894,955 | $ | 4,729,307 | $ | 210,917,264 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 53,548,156 | 2,507,400 | 5,013,735 | 4,922,450 | 205,007,905 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (529,765 | ) | (24,239 | ) | (118,780 | ) | (193,143 | ) | 5,909,359 | |||||||||||
| NET ASSETS | $ | 53,018,391 | $ | 2,483,161 | $ | 4,894,955 | $ | 4,729,307 | $ | 210,917,264 | ||||||||||
| Shares outstanding | 1,400,000 | 50,000 | 100,000 | 100,000 | 5,150,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 37.87 | $ | 49.66 | $ | 48.95 | $ | 47.29 | $ | 40.95 | ||||||||||
| Investment in securities, at cost | $ | 54,949,006 | $ | 2,503,394 | $ | 4,983,222 | $ | 4,879,920 | $ | 202,437,952 | ||||||||||
The accompanying notes are an integral part of these financial statements.
180
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2024 (Unaudited)
| 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 | ||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 1,166,060,879 | $ | 409,394,130 | $ | 100,519,419 | $ | 51,623,274 | $ | 80,234,429 | ||||||||||
| Receivable for investments sold | 75,447,792 | 32,444,827 | 4,179,851 | 2,881,761 | 8,104,956 | |||||||||||||||
| Interest income receivable | - | 2,591,187 | 618,686 | 282,384 | 560,179 | |||||||||||||||
| TOTAL ASSETS | 1,241,508,671 | 444,430,144 | 105,317,956 | 54,787,419 | 88,899,564 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 90,316,135 | 31,809,086 | 4,076,526 | 2,722,219 | 7,967,004 | |||||||||||||||
| Management fees payable (Note 3) | 56,037 | 25,378 | 8,256 | 3,607 | 5,201 | |||||||||||||||
| TOTAL LIABILITIES | 90,372,172 | 31,834,464 | 4,084,782 | 2,725,826 | 7,972,205 | |||||||||||||||
| NET ASSETS | $ | 1,151,136,499 | $ | 412,595,680 | $ | 101,233,174 | $ | 52,061,593 | $ | 80,927,359 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 1,148,261,542 | 414,364,237 | 103,000,888 | 53,205,807 | 83,606,290 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 2,874,957 | (1,768,557 | ) | (1,767,714 | ) | (1,144,214 | ) | (2,678,931 | ) | |||||||||||
| NET ASSETS | $ | 1,151,136,499 | $ | 412,595,680 | $ | 101,233,174 | $ | 52,061,593 | $ | 80,927,359 | ||||||||||
| Shares outstanding | 22,910,000 | 8,340,000 | 2,080,000 | 1,080,000 | 1,710,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 50.25 | $ | 49.47 | $ | 48.67 | $ | 48.21 | $ | 47.33 | ||||||||||
| Investment in securities, at cost | $ | 1,167,484,978 | $ | 410,751,967 | $ | 101,784,176 | $ | 52,429,787 | $ | 81,957,437 | ||||||||||
The accompanying notes are an integral part of these financial statements.
181
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2024 (Unaudited)
| 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 | BondBloxx IR+M Tax-Aware Short Duration ETF | |||||||||||||
| ASSETS: | ||||||||||||||||
| Investments in securities, at value | $ | 135,459,659 | $ | 126,530,134 | $ | 23,978,407 | $ | 54,717,556 | ||||||||
| Receivable for investments sold | 10,840,084 | 6,986,649 | 5,757,342 | - | ||||||||||||
| Receivable for shares created | - | 1,337,091 | - | - | ||||||||||||
| Interest income receivable | 1,399,435 | 1,506,840 | 191,997 | 587,185 | ||||||||||||
| TOTAL ASSETS | 147,699,178 | 136,360,714 | 29,927,746 | 55,304,741 | ||||||||||||
| LIABILITIES: | ||||||||||||||||
| Payable for investments purchased | 10,409,791 | 7,541,541 | 5,659,588 | 2,431,987 | ||||||||||||
| Management fees payable (Note 3) | 8,841 | 12,638 | 5,513 | 12,840 | ||||||||||||
| TOTAL LIABILITIES | 10,418,632 | 7,554,179 | 5,665,101 | 2,444,827 | ||||||||||||
| NET ASSETS | $ | 137,280,546 | $ | 128,806,535 | $ | 24,262,645 | $ | 52,859,914 | ||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||
| Paid-in capital | 141,045,872 | 135,278,045 | 29,569,072 | 52,943,043 | ||||||||||||
| Total distributable earnings/(accumulated loss) | (3,765,326 | ) | (6,471,510 | ) | (5,306,427 | ) | (83,129 | ) | ||||||||
| NET ASSETS | $ | 137,280,546 | $ | 128,806,535 | $ | 24,262,645 | $ | 52,859,914 | ||||||||
| Shares outstanding | 2,990,000 | 2,890,000 | 620,000 | 1,060,000 | ||||||||||||
| Net asset value, offering and redemption price per share | $ | 45.91 | $ | 44.57 | $ | 39.13 | $ | 49.87 | ||||||||
| Investment in securities, at cost | $ | 138,482,762 | $ | 132,076,934 | $ | 25,858,717 | $ | 54,947,321 | ||||||||
The accompanying notes are an integral part of these financial statements.
182
Statements of Operations
For the Period Ended April 30, 2024 (Unaudited)
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | BondBloxx USD High Yield Bond Energy Sector ETF | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 1,925,787 | $ | 1,483,810 | $ | 663,964 | $ | 1,462,261 | $ | 1,048,681 | ||||||||||
| Total income | 1,925,787 | 1,483,810 | 663,964 | 1,462,261 | 1,048,681 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 87,047 | 55,644 | 28,671 | 63,701 | 48,873 | |||||||||||||||
| Total Expenses | 87,047 | 55,644 | 28,671 | 63,701 | 48,873 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 1,838,740 | 1,428,166 | 635,293 | 1,398,560 | 999,808 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (62,869 | ) | (465,806 | ) | (13,518 | ) | (19,567 | ) | (32,911 | ) | ||||||||||
| Net realized gain/(loss) | (62,869 | ) | (465,806 | ) | (13,518 | ) | (19,567 | ) | (32,911 | ) | ||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 2,073,866 | 650,456 | 836,180 | 1,654,462 | 624,644 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 2,073,866 | 650,456 | 836,180 | 1,654,462 | 624,644 | |||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 2,010,997 | 184,650 | 822,662 | 1,634,895 | 591,733 | |||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 3,849,737 | $ | 1,612,816 | $ | 1,457,955 | $ | 3,033,455 | $ | 1,591,541 | ||||||||||
The accompanying notes are an integral part of these financial statements.
183
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2024 (Unaudited)
BondBloxx | BondBloxx | BondBloxx | BondBloxx | BondBloxx | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 1,140,027 | $ | 392,378 | $ | 12,619 | $ | 1,794,149 | $ | 570,556 | ||||||||||
| Affiliated dividend income | - | - | 1,243,080 | - | - | |||||||||||||||
| Total income | 1,140,027 | 392,378 | 1,255,699 | 1,794,149 | 570,556 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 52,074 | 19,440 | 134,982 | 53,655 | 20,378 | |||||||||||||||
| Administration fees (Note 3) | - | - | 11,080 | - | - | |||||||||||||||
| Audit fess | - | - | 9,199 | - | - | |||||||||||||||
| Legal fees | - | - | 14,919 | - | - | |||||||||||||||
| Pricing fees | - | - | 420 | - | - | |||||||||||||||
| Custodian fees | - | - | 5,843 | - | - | |||||||||||||||
| Transfer agent fees | - | - | 2,486 | - | - | |||||||||||||||
| Shareholder reporting fees | - | - | 2,238 | - | - | |||||||||||||||
| Other expenses | - | - | 2,486 | - | - | |||||||||||||||
| Total Expenses | 52,074 | 19,440 | 183,653 | 53,655 | 20,378 | |||||||||||||||
| Fee waiver and expense reimbursement | - | - | (149,834 | ) | - | - | ||||||||||||||
| Net Expenses | 52,074 | 19,440 | 33,819 | 53,655 | 20,378 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 1,087,953 | 372,938 | 1,221,880 | 1,740,494 | 550,178 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Unaffiliated investments in securities | 116,733 | (41,992 | ) | - | (85,325 | ) | (113,473 | ) | ||||||||||||
| Affiliated investments in securities | - | - | 85,011 | - | - | |||||||||||||||
| Net realized gain/(loss) | 116,733 | (41,992 | ) | 85,011 | (85,325 | ) | (113,473 | ) | ||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Unaffiliated investments in securities | 879,270 | 507,530 | - | 2,395,306 | 676,471 | |||||||||||||||
| Affiliated investments in securities | - | - | 936,772 | - | - | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 879,270 | 507,530 | 936,772 | 2,395,306 | 676,471 | |||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 996,003 | 465,538 | 1,021,783 | 2,309,981 | 562,998 | |||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 2,083,956 | $ | 838,476 | $ | 2,243,663 | $ | 4,050,475 | $ | 1,113,176 | ||||||||||
The accompanying notes are an integral part of these financial statements.
184
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2024 (Unaudited)
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | BondBloxx BBB Rated 1-5 Year Corporate Bond ETF(1) | BondBloxx BBB Rated 5-10 Year Corporate Bond ETF(1) | BondBloxx BBB Rated 10+ Year Corporate Bond ETF(1) | BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 2,297,908 | $ | 34,658 | $ | 54,640 | $ | 66,742 | $ | 6,542,097 | ||||||||||
| Total income | 2,297,908 | 34,658 | 54,640 | 66,742 | 6,542,097 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 72,908 | 1,272 | 1,949 | 2,183 | 289,001 | |||||||||||||||
| Total Expenses | 72,908 | 1,272 | 1,949 | 2,183 | 289,001 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 2,225,000 | 33,386 | 52,691 | 64,559 | 6,253,096 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (264,736 | ) | (1,815 | ) | (5,286 | ) | (2,378 | ) | 943,383 | |||||||||||
| Foreign currency transactions | - | - | - | - | 8 | |||||||||||||||
| Net realized gain/(loss) | (264,736 | ) | (1,815 | ) | (5,286 | ) | (2,378 | ) | 943,391 | |||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 600,921 | (32,764 | ) | (134,571 | ) | (213,296 | ) | 10,397,547 | ||||||||||||
| Foreign currency transactions | - | - | - | - | 3 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 600,921 | (32,764 | ) | (134,571 | ) | (213,296 | ) | 10,397,550 | ||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 336,185 | (34,579 | ) | (139,857 | ) | (215,674 | ) | 11,340,941 | ||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 2,561,185 | $ | (1,193 | ) | $ | (87,166 | ) | $ | (151,115 | ) | $ | 17,594,037 | |||||||
| (1) | Fund commenced operations on January 22, 2024. |
The accompanying notes are an integral part of these financial statements.
185
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2024 (Unaudited)
| 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 | ||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 28,853,725 | $ | 13,379,749 | $ | 2,228,319 | $ | 907,654 | $ | 1,140,728 | ||||||||||
| Total income | 28,853,725 | 13,379,749 | 2,228,319 | 907,654 | 1,140,728 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 165,238 | 74,129 | 24,398 | 9,950 | 13,925 | |||||||||||||||
| Total Expenses | 165,238 | 74,129 | 24,398 | 9,950 | 13,925 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 28,688,487 | 13,305,620 | 2,203,921 | 897,704 | 1,126,803 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | 292,000 | (632,787 | ) | (129,021 | ) | (129,802 | ) | (457,183 | ) | |||||||||||
| Net realized gain/(loss) | 292,000 | (632,787 | ) | (129,021 | ) | (129,802 | ) | (457,183 | ) | |||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | (997,791 | ) | (78,010 | ) | (34,669 | ) | (229,891 | ) | (192,001 | ) | ||||||||||
| Change in unrealized appreciation/(depreciation) | (997,791 | ) | (78,010 | ) | (34,669 | ) | (229,891 | ) | (192,001 | ) | ||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (705,791 | ) | (710,797 | ) | (163,690 | ) | (359,693 | ) | (649,184 | ) | ||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 27,982,696 | $ | 12,594,823 | $ | 2,040,231 | $ | 538,011 | $ | 477,619 | ||||||||||
The accompanying notes are an integral part of these financial statements.
186
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2024 (Unaudited)
| 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 | BondBloxx IR+M Tax-Aware Short Duration ETF(2) | |||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||
| Interest income | $ | 1,946,088 | $ | 1,992,704 | $ | 599,490 | $ | 180,611 | ||||||||
| Total income | 1,946,088 | 1,992,704 | 599,490 | 180,611 | ||||||||||||
| EXPENSES: | ||||||||||||||||
| Management fees (Note 3) | 22,557 | 34,634 | 16,887 | 16,017 | ||||||||||||
| Total Expenses | 22,557 | 34,634 | 16,887 | 16,017 | ||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 1,923,531 | 1,958,070 | 582,603 | 164,594 | ||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||
| Investments in securities | (626,601 | ) | 36,183 | (1,027,954 | ) | (17,958 | ) | |||||||||
| Net realized gain/(loss) | (626,601 | ) | 36,183 | (1,027,954 | ) | (17,958 | ) | |||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||
| Investments in securities | (856,126 | ) | (2,438,385 | ) | 3,054,202 | (229,765 | ) | |||||||||
| Change in unrealized appreciation/(depreciation) | (856,126 | ) | (2,438,385 | ) | 3,054,202 | (229,765 | ) | |||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (1,482,727 | ) | (2,402,202 | ) | 2,026,248 | (247,723 | ) | |||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 440,804 | $ | (444,132 | ) | $ | 2,608,851 | $ | (83,129 | ) | ||||||
| (2) | Fund commenced operations on March 12, 2024. |
The accompanying notes are an integral part of these financial statements.
187
Statements of Changes in Net Assets
| BondBloxx USD High Yield Bond Industrial Sector ETF | BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,838,740 | $ | 1,295,469 | $ | 1,428,166 | $ | 985,587 | ||||||||
| Net realized gain/(loss) on investments | (62,869 | ) | (262,560 | ) | (465,806 | ) | (285,345 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,073,866 | (1,326,269 | ) | 650,456 | (950,315 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 3,849,737 | (293,360 | ) | 1,612,816 | (250,073 | ) | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,754,491 | ) | (1,039,987 | ) | (1,402,685 | ) | (773,573 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 18,808,760 | 42,210,745 | 5,110,230 | 28,696,710 | ||||||||||||
| Cost of shares redeemed | - | (3,607,670 | ) | - | (1,757,155 | ) | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 18,808,760 | 38,603,075 | 5,110,230 | 26,939,555 | ||||||||||||
| Increase/(decrease) in net assets | 20,904,006 | 37,269,728 | 5,320,361 | 25,915,909 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 40,844,454 | 3,574,726 | 29,394,773 | 3,478,864 | ||||||||||||
| End of period | $ | 61,748,460 | $ | 40,844,454 | $ | 34,715,134 | $ | 29,394,773 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,150,000 | 100,000 | 900,000 | 100,000 | ||||||||||||
| Shares sold | 500,000 | 1,150,000 | 150,000 | 850,000 | ||||||||||||
| Shares redeemed | - | (100,000 | ) | - | (50,000 | ) | ||||||||||
| Shares outstanding, end of period | 1,650,000 | 1,150,000 | 1,050,000 | 900,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
188
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx USD High Yield Bond Healthcare Sector ETF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 635,293 | $ | 475,101 | $ | 1,398,560 | $ | 873,684 | ||||||||
| Net realized gain/(loss) on investments | (13,518 | ) | (630,266 | ) | (19,567 | ) | (342,114 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 836,180 | 6,287 | 1,654,462 | (504,288 | ) | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 1,457,955 | (148,878 | ) | 3,033,455 | 27,282 | |||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (533,191 | ) | (462,631 | ) | (1,313,995 | ) | (689,760 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 18,701,510 | 9,936,130 | 12,853,740 | 28,367,350 | ||||||||||||
| Cost of shares redeemed | - | (6,495,240 | ) | - | (1,798,040 | ) | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 18,701,510 | 3,440,890 | 12,853,740 | 26,569,310 | ||||||||||||
| Increase/(decrease) in net assets | 19,626,274 | 2,829,381 | 14,573,200 | 25,906,832 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 10,988,445 | 8,159,064 | 29,405,654 | 3,498,822 | ||||||||||||
| End of period | $ | 30,614,719 | $ | 10,988,445 | $ | 43,978,854 | $ | 29,405,654 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 350,000 | 250,000 | 850,000 | 100,000 | ||||||||||||
| Shares sold | 550,000 | 300,000 | 350,000 | 800,000 | ||||||||||||
| Shares redeemed | - | (200,000 | ) | - | (50,000 | ) | ||||||||||
| Shares outstanding, end of period | 900,000 | 350,000 | 1,200,000 | 850,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
189
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx USD High Yield Bond Energy Sector ETF | BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 999,808 | $ | 690,177 | $ | 1,087,953 | $ | 927,686 | ||||||||
| Net realized gain/(loss) on investments | (32,911 | ) | (286,942 | ) | 116,733 | (578,968 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 624,644 | (86,272 | ) | 879,270 | 110,662 | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 1,591,541 | 316,963 | 2,083,956 | 459,380 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (807,491 | ) | (606,084 | ) | (973,508 | ) | (826,902 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 44,668,620 | 20,703,110 | 25,935,930 | 21,363,810 | ||||||||||||
| Cost of shares redeemed | - | (7,414,975 | ) | (3,706,429 | ) | (5,206,265 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 44,668,620 | 13,288,135 | 22,229,501 | 16,157,545 | ||||||||||||
| Increase/(decrease) in net assets | 45,452,670 | 12,999,014 | 23,339,949 | 15,790,023 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 20,515,088 | 7,516,074 | 22,715,376 | 6,925,353 | ||||||||||||
| End of period | $ | 65,967,758 | $ | 20,515,088 | $ | 46,055,325 | $ | 22,715,376 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 552,500 | 202,500 | 650,000 | 200,000 | ||||||||||||
| Shares sold | 1,150,000 | 550,000 | 700,000 | 600,000 | ||||||||||||
| Shares redeemed | - | (200,000 | ) | (100,000 | ) | (150,000 | ) | |||||||||
| Shares outstanding, end of period | 1,702,500 | 552,500 | 1,250,000 | 650,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
190
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(1) | |||||||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Period Ended October 31, 2023(2) | For the Year Ended June 30, 2023 | ||||||||||||||||
| OPERATIONS: | ||||||||||||||||||||
| Net investment income/(loss) | $ | 372,938 | $ | 375,069 | $ | 1,221,880 | $ | 584,020 | $ | 2,101,410 | ||||||||||
| Net realized gain/(loss) on investments | (41,992 | ) | (360,001 | ) | 85,011 | (515,545 | ) | (2,145,701 | ) | |||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 507,530 | 64,831 | 936,772 | (429,061 | ) | 2,220,850 | ||||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 838,476 | 79,899 | 2,243,663 | (360,586 | ) | 2,176,559 | ||||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||||||
| Distributions from distributable earnings | (375,651 | ) | (339,571 | ) | (1,274,661 | ) | (533,623 | ) | (2,101,410 | ) | ||||||||||
| Return of capital | - | - | - | - | (60,985 | ) | ||||||||||||||
| Total distributions | (375,651 | ) | (339,571 | ) | (1,274,661 | ) | (533,623 | ) | (2,162,395 | ) | ||||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||||||
| Proceeds from shares sold | - | 9,148,635 | 9,730,217 | 4,410,006 | 26,591,706 | |||||||||||||||
| Cost of shares redeemed | - | (3,594,970 | ) | - | (1,268,145 | ) | (34,058,196 | ) | ||||||||||||
| Net increase/(decrease) in net assets from capital transactions | - | 5,553,665 | 9,730,217 | 3,141,861 | (7,466,490 | ) | ||||||||||||||
| Increase/(decrease) in net assets | 462,825 | 5,293,993 | 10,699,219 | 2,247,652 | (7,452,326 | ) | ||||||||||||||
| NET ASSETS: | ||||||||||||||||||||
| Beginning of period | 10,642,621 | 5,348,628 | 28,567,782 | 26,320,130 | 33,772,456 | |||||||||||||||
| End of period | $ | 11,105,446 | $ | 10,642,621 | $ | 39,267,001 | $ | 28,567,782 | $ | 26,320,130 | ||||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||||||
| Shares outstanding, beginning of period | 300,000 | 150,000 | 2,010,000 | 1,800,000 | 2,300,000 | |||||||||||||||
| Shares sold | - | 250,000 | 650,000 | 300,000 | 1,800,000 | |||||||||||||||
| Shares redeemed | - | (100,000 | ) | - | (90,000 | ) | (2,300,000 | ) | ||||||||||||
| Shares outstanding, end of period | 300,000 | 300,000 | 2,660,000 | 2,010,000 | 1,800,000 | |||||||||||||||
| (1) | 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. | |
| (2) | Fiscal year end changed from June 30, 2023 to October 31, 2023. |
The accompanying notes are an integral part of these financial statements.
191
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | BondBloxx B Rated USD High Yield Corporate Bond ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,740,494 | $ | 2,999,857 | $ | 550,178 | $ | 961,330 | ||||||||
| Net realized gain/(loss) on investments | (85,325 | ) | (839,618 | ) | (113,473 | ) | (201,007 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,395,306 | (515,770 | ) | 676,471 | (194,628 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 4,050,475 | 1,644,469 | 1,113,176 | 565,695 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,729,870 | ) | (2,930,252 | ) | (550,767 | ) | (948,646 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 5,955,535 | 17,507,495 | - | 1,919,410 | ||||||||||||
| Cost of shares redeemed | - | (9,528,265 | ) | - | - | |||||||||||
| Net increase/(decrease) in net assets from capital transactions | 5,955,535 | 7,979,230 | - | 1,919,410 | ||||||||||||
| Increase/(decrease) in net assets | 8,276,140 | 6,693,447 | 562,409 | 1,536,459 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 49,074,777 | 42,381,330 | 13,053,208 | 11,516,749 | ||||||||||||
| End of period | $ | 57,350,917 | $ | 49,074,777 | $ | 13,615,617 | $ | 13,053,208 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,300,000 | 1,100,000 | 350,000 | 300,000 | ||||||||||||
| Shares sold | 150,000 | 450,000 | - | 50,000 | ||||||||||||
| Shares redeemed | - | (250,000 | ) | - | - | |||||||||||
| Shares outstanding, end of period | 1,450,000 | 1,300,000 | 350,000 | 350,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
192
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | BondBloxx BBB Rated 10+ Year Corporate Bond ETF | |||||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Period Ended April 30, 2024 (Unaudited)(3) | For the Period Ended April 30, 2024 (Unaudited)(3) | For the Period Ended April 30, 2024 (Unaudited)(3) | ||||||||||||||||
| OPERATIONS: | ||||||||||||||||||||
| Net investment income/(loss) | $ | 2,225,000 | $ | 1,229,308 | $ | 33,386 | $ | 52,691 | $ | 64,559 | ||||||||||
| Net realized gain/(loss) on investments | (264,736 | ) | (375,809 | ) | (1,815 | ) | (5,286 | ) | (2,378 | ) | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 600,921 | (458,130 | ) | (32,764 | ) | (134,571 | ) | (213,296 | ) | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 2,561,185 | 395,369 | (1,193 | ) | (87,166 | ) | (151,115 | ) | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||||||
| Distributions from distributable earnings | (1,822,138 | ) | (1,187,914 | ) | (23,046 | ) | (31,614 | ) | (42,028 | ) | ||||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||||||
| Proceeds from shares sold | 38,269,460 | 12,914,935 | 2,507,400 | 5,013,735 | 4,922,450 | |||||||||||||||
| Cost of shares redeemed | (5,670,525 | ) | (3,690,915 | ) | - | - | - | |||||||||||||
| Net increase/(decrease) in net assets from capital transactions | 32,598,935 | 9,224,020 | 2,507,400 | 5,013,735 | 4,922,450 | |||||||||||||||
| Increase/(decrease) in net assets | 33,337,982 | 8,431,475 | 2,483,161 | 4,894,955 | 4,729,307 | |||||||||||||||
| NET ASSETS: | ||||||||||||||||||||
| Beginning of period | 19,680,409 | 11,248,934 | - | - | - | |||||||||||||||
| End of period | $ | 53,018,391 | $ | 19,680,409 | $ | 2,483,161 | $ | 4,894,955 | $ | 4,729,307 | ||||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||||||
| Shares outstanding, beginning of period | 550,000 | 300,000 | - | - | - | |||||||||||||||
| Shares sold | 1,000,000 | 350,000 | 50,000 | 100,000 | 100,000 | |||||||||||||||
| Shares redeemed | (150,000 | ) | (100,000 | ) | - | - | - | |||||||||||||
| Shares outstanding, end of period | 1,400,000 | 550,000 | 50,000 | 100,000 | 100,000 | |||||||||||||||
| (3) | Funds commenced operations on January 22, 2024. |
The accompanying notes are an integral part of these financial statements.
193
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 6,253,096 | $ | 11,497,350 | $ | 28,688,487 | $ | 23,925,782 | ||||||||
| Net realized gain/(loss) on investments | 943,391 | (782,104 | ) | 292,000 | (879,120 | ) | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 10,397,550 | 3,614,479 | (997,791 | ) | (360,110 | ) | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 17,594,037 | 14,329,725 | 27,982,696 | 22,686,552 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (6,225,461 | ) | (11,393,515 | ) | (28,763,675 | ) | (19,195,046 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 38,448,380 | 11,771,310 | 391,218,151 | 1,561,833,583 | ||||||||||||
| Cost of shares redeemed | (22,318,460 | ) | - | (336,185,674 | ) | (518,534,699 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 16,129,920 | 11,771,310 | 55,032,477 | 1,043,298,884 | ||||||||||||
| Increase/(decrease) in net assets | 27,498,496 | 14,707,520 | 54,251,498 | 1,046,790,390 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 183,418,768 | 168,711,248 | 1,096,885,001 | 50,094,611 | ||||||||||||
| End of period | $ | 210,917,264 | $ | 183,418,768 | $ | 1,151,136,499 | $ | 1,096,885,001 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 4,750,000 | 4,450,000 | 21,810,000 | 1,000,000 | ||||||||||||
| Shares sold | 950,000 | 300,000 | 7,790,000 | 31,150,000 | ||||||||||||
| Shares redeemed | (550,000 | ) | - | (6,690,000 | ) | (10,340,000 | ) | |||||||||
| Shares outstanding, end of period | 5,150,000 | 4,750,000 | 22,910,000 | 21,810,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
194
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the 2024 | For the 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 13,305,620 | $ | 14,467,927 | $ | 2,203,921 | $ | 3,451,090 | ||||||||
| Net realized gain/(loss) on investments | (632,787 | ) | (4,456,879 | ) | (129,021 | ) | (847,127 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (78,010 | ) | (1,080,182 | ) | (34,669 | ) | (828,781 | ) | ||||||||
| Net increase/(decrease) in net assets resulting from operations | 12,594,823 | 8,930,866 | 2,040,231 | 1,775,182 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (14,207,132 | ) | (11,946,611 | ) | (2,249,601 | ) | (3,191,299 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 152,283,617 | 1,328,686,554 | 36,874,800 | 144,785,822 | ||||||||||||
| Cost of shares redeemed | (265,302,201 | ) | (837,868,625 | ) | (40,461,786 | ) | (74,962,851 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (113,018,584 | ) | 490,817,929 | (3,586,986 | ) | 69,822,971 | ||||||||||
| Increase/(decrease) in net assets | (114,630,893 | ) | 487,802,184 | (3,796,356 | ) | 68,406,854 | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 527,226,573 | 39,424,389 | 105,029,530 | 36,622,676 | ||||||||||||
| End of period | $ | 412,595,680 | $ | 527,226,573 | $ | 101,233,174 | $ | 105,029,530 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 10,600,000 | 790,000 | 2,150,000 | 740,000 | ||||||||||||
| Shares sold | 3,070,000 | 26,690,000 | 750,000 | 2,930,000 | ||||||||||||
| Shares redeemed | (5,330,000 | ) | (16,880,000 | ) | (820,000 | ) | (1,520,000 | ) | ||||||||
| Shares outstanding, end of period | 8,340,000 | 10,600,000 | 2,080,000 | 2,150,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
195
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 897,704 | $ | 987,174 | $ | 1,126,803 | $ | 1,224,437 | ||||||||
| Net realized gain/(loss) on investments | (129,802 | ) | (326,389 | ) | (457,183 | ) | (742,194 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (229,891 | ) | (288,445 | ) | (192,001 | ) | (947,289 | ) | ||||||||
| Net increase/(decrease) in net assets resulting from operations | 538,011 | 372,340 | 477,619 | (465,046 | ) | |||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (803,735 | ) | (987,439 | ) | (982,043 | ) | (1,188,187 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 24,884,862 | 14,840,962 | 44,898,458 | 21,336,190 | ||||||||||||
| Cost of shares redeemed | (1,478,376 | ) | (5,451,076 | ) | - | (3,475,903 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 23,406,486 | 9,389,886 | 44,898,458 | 17,860,287 | ||||||||||||
| Increase/(decrease) in net assets | 23,140,762 | 8,774,787 | 44,394,034 | 16,207,054 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 28,920,831 | 20,146,044 | 36,533,325 | 20,326,271 | ||||||||||||
| End of period | $ | 52,061,593 | $ | 28,920,831 | $ | 80,927,359 | $ | 36,533,325 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 600,000 | 410,000 | 780,000 | 420,000 | ||||||||||||
| Shares sold | 510,000 | 300,000 | 930,000 | 430,000 | ||||||||||||
| Shares redeemed | (30,000 | ) | (110,000 | ) | - | (70,000 | ) | |||||||||
| Shares outstanding, end of period | 1,080,000 | 600,000 | 1,710,000 | 780,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
196
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | |||||||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the Six Months Ended April 30, 2024 (Unaudited) | For the 2023 | |||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,923,531 | $ | 937,698 | $ | 1,958,070 | $ | 967,010 | ||||||||
| Net realized gain/(loss) on investments | (626,601 | ) | (495,159 | ) | 36,183 | (1,342,079 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (856,126 | ) | (1,400,117 | ) | (2,438,385 | ) | (1,910,985 | ) | ||||||||
| Net increase/(decrease) in net assets resulting from operations | 440,804 | (957,578 | ) | (444,132 | ) | (2,286,054 | ) | |||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,537,105 | ) | (923,627 | ) | (1,660,345 | ) | (896,889 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 87,100,214 | 35,499,443 | 101,426,423 | 25,726,389 | ||||||||||||
| Cost of shares redeemed | (2,373,894 | ) | (499,667 | ) | (13,125,859 | ) | - | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 84,726,320 | 34,999,776 | 88,300,564 | 25,726,389 | ||||||||||||
| Increase/(decrease) in net assets | 83,630,019 | 33,118,571 | 86,196,087 | 22,543,446 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 53,650,527 | 20,531,956 | 42,610,448 | 20,067,002 | ||||||||||||
| End of period | $ | 137,280,546 | $ | 53,650,527 | $ | 128,806,535 | $ | 42,610,448 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,190,000 | 430,000 | 990,000 | 430,000 | ||||||||||||
| Shares sold | 1,850,000 | 770,000 | 2,180,000 | 560,000 | ||||||||||||
| Shares redeemed | (50,000 | ) | (10,000 | ) | (280,000 | ) | - | |||||||||
| Shares outstanding, end of period | 2,990,000 | 1,190,000 | 2,890,000 | 990,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
197
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | BondBloxx | |||||||||||
| For the Six Months Ended April 30, 2024 (Unaudited) | For the Year Ended October 31, 2023 | For the | ||||||||||
| OPERATIONS: | ||||||||||||
| Net investment income/(loss) | $ | 582,603 | $ | 949,626 | $ | 164,594 | ||||||
| Net realized gain/(loss) on investments | (1,027,954 | ) | (2,604,799 | ) | (17,958 | ) | ||||||
| Net change in unrealized appreciation/(depreciation) on investments | 3,054,202 | (2,773,615 | ) | (229,765 | ) | |||||||
| Net increase/(decrease) in net assets resulting from operations | 2,608,851 | (4,428,788 | ) | (83,129 | ) | |||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||
| Distributions from distributable earnings | (581,482 | ) | (948,088 | ) | - | |||||||
| CAPITAL TRANSACTIONS: | ||||||||||||
| Proceeds from shares sold | 8,267,069 | 22,835,539 | 52,943,043 | |||||||||
| Cost of shares redeemed | (9,121,287 | ) | (15,756,925 | ) | - | |||||||
| Net increase/(decrease) in net assets from capital transactions | (854,218 | ) | 7,078,614 | 52,943,043 | ||||||||
| Increase/(decrease) in net assets | 1,173,151 | 1,701,738 | 52,859,914 | |||||||||
| NET ASSETS: | ||||||||||||
| Beginning of period | 23,089,494 | 21,387,756 | - | |||||||||
| End of period | $ | 24,262,645 | $ | 23,089,494 | $ | 52,859,914 | ||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||
| Shares outstanding, beginning of period | 630,000 | 490,000 | - | |||||||||
| Shares sold | 200,000 | 490,000 | 1,060,000 | |||||||||
| Shares redeemed | (210,000 | ) | (350,000 | ) | - | |||||||
| Shares outstanding, end of period | 620,000 | 630,000 | 1,060,000 | |||||||||
| (4) | Fund commenced operations on March 12, 2024. |
The accompanying notes are an integral part of these financial statements.
198
Financial Highlights
For a share outstanding throughout the period presented.
BondBloxx USD High Yield Bond | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 35.52 | $ | 35.75 | $ | 39.89 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.38 | 2.65 | 1.55 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.89 | (0.59 | )(8) | (4.25 | ) | |||||||
| Total income/(loss) from operations | 3.27 | 2.06 | (2.70 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.37 | ) | (2.29 | ) | (1.44 | ) | ||||||
| Total distributions | (1.37 | ) | (2.29 | ) | (1.44 | ) | ||||||
| Net Asset Value, end of period | $ | 37.42 | $ | 35.52 | $ | 35.75 | ||||||
| Market Value, end of period | $ | 37.41 | $ | 35.60 | $ | 35.71 | ||||||
| Total Return at Net Asset Value(3) | 9.30 | % | 5.77 | % | (6.81 | )% | ||||||
| Total Return at Market Value(4) | 9.00 | % | 6.12 | % | (6.88 | )% | ||||||
| Net Assets, end of period (millions) | $ | 61.7 | $ | 40.8 | $ | 3.6 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 7.39 | % | 7.23 | % | 5.87 | % | ||||||
| Portfolio turnover rate(7) | 13 | % | 21 | % | 9 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYI 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. |
| (8) | 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.
199
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 32.66 | $ | 34.79 | $ | 39.65 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.52 | 2.92 | 1.54 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 0.38 | (2.60 | )(8) | (5.05 | ) | |||||||
| Total income/(loss) from operations | 1.90 | 0.32 | (3.51 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.50 | ) | (2.45 | ) | (1.35 | ) | ||||||
| Total distributions | (1.50 | ) | (2.45 | ) | (1.35 | ) | ||||||
| Net Asset Value, end of period | $ | 33.06 | $ | 32.66 | $ | 34.79 | ||||||
| Market Value, end of period | $ | 33.08 | $ | 32.77 | $ | 34.73 | ||||||
| Total Return at Net Asset Value(3) | 5.81 | % | 0.89 | % | (8.96 | )% | ||||||
| Total Return at Market Value(4) | 5.50 | % | 1.39 | % | (9.03 | )% | ||||||
| Net Assets, end of period (millions) | $ | 34.7 | $ | 29.4 | $ | 3.5 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 8.98 | % | 8.60 | % | 5.93 | % | ||||||
| Portfolio turnover rate(7) | 10 | % | 14 | % | 13 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYT were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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.
200
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx USD High Yield Bond | ||||||||||||
For the (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 31.40 | $ | 32.64 | $ | 39.84 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.31 | 2.70 | 1.62 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 2.53 | (0.94 | )(8) | (7.58 | ) | |||||||
| Total income/(loss) from operations | 3.84 | 1.76 | (5.96 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.22 | ) | (3.00 | ) | (1.24 | ) | ||||||
| Total distributions | (1.22 | ) | (3.00 | ) | (1.24 | ) | ||||||
| Net Asset Value, end of period | $ | 34.02 | $ | 31.40 | $ | 32.64 | ||||||
| Market Value, end of period | $ | 34.00 | $ | 31.49 | $ | 32.52 | ||||||
| Total Return at Net Asset Value(3) | 12.40 | % | 5.36 | % | (15.19 | )% | ||||||
| Total Return at Market Value(4) | 11.99 | % | 6.03 | % | (15.47 | )% | ||||||
| Net Assets, end of period (millions) | $ | 30.6 | $ | 11.0 | $ | 8.2 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 7.76 | % | 8.23 | % | 6.39 | % | ||||||
| Portfolio turnover rate(7) | 8 | % | 18 | % | 37 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYH were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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.
201
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx USD High Yield Bond | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 34.59 | $ | 34.99 | $ | 39.74 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.40 | 2.74 | 1.46 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 2.03 | (0.70 | )(8) | (4.86 | ) | |||||||
| Total income/(loss) from operations | 3.43 | 2.04 | (3.40 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.37 | ) | (2.44 | ) | (1.35 | ) | ||||||
| Total distributions | (1.37 | ) | (2.44 | ) | (1.35 | ) | ||||||
| Net Asset Value, end of period | $ | 36.65 | $ | 34.59 | $ | 34.99 | ||||||
| Market Value, end of period | $ | 36.63 | $ | 34.68 | $ | 34.99 | ||||||
| Total Return at Net Asset Value(3) | 10.04 | % | 5.91 | % | (8.65 | )% | ||||||
| Total Return at Market Value(4) | 9.67 | % | 6.17 | % | (8.72 | )% | ||||||
| Net Assets, end of period (millions) | $ | 44.0 | $ | 29.4 | $ | 3.5 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 7.68 | % | 7.71 | % | 5.57 | % | ||||||
| Portfolio turnover rate(7) | 25 | % | 32 | % | 21 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of 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. |
| (8) | 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.
202
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx USD High Yield Bond | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 37.13 | $ | 37.12 | $ | 39.62 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.38 | 2.58 | 1.62 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.56 | (0.14 | )(8) | (2.74 | ) | |||||||
| Total income/(loss) from operations | 2.94 | 2.44 | (1.12 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.32 | ) | (2.43 | ) | (1.38 | ) | ||||||
| Total distributions | (1.32 | ) | (2.43 | ) | (1.38 | ) | ||||||
| Net Asset Value, end of period | $ | 38.75 | $ | 37.13 | $ | 37.12 | ||||||
| Market Value, end of period | $ | 38.73 | $ | 37.23 | $ | 36.97 | ||||||
| Total Return at Net Asset Value(3) | 8.01 | % | 6.73 | % | (2.84 | )% | ||||||
| Total Return at Market Value(4) | 7.64 | % | 7.43 | % | (3.19 | )% | ||||||
| Net Assets, end of period (millions) | $ | 66.0 | $ | 20.5 | $ | 7.5 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 7.16 | % | 6.85 | % | 6.03 | % | ||||||
| Portfolio turnover rate(7) | 20 | % | 37 | % | 21 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYE were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
(7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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.
203
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx USD High Yield Bond | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 34.95 | $ | 34.63 | $ | 39.87 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.34 | 2.70 | 1.57 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.86 | 0.02 | (8) | (5.49 | ) | |||||||
| Total income/(loss) from operations | 3.20 | 2.72 | (3.92 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.31 | ) | (2.40 | ) | (1.32 | ) | ||||||
| Total distributions | (1.31 | ) | (2.40 | ) | (1.32 | ) | ||||||
| Net Asset Value, end of period | $ | 36.84 | $ | 34.95 | $ | 34.63 | ||||||
| Market Value, end of period | $ | 36.82 | $ | 35.03 | $ | 34.45 | ||||||
| Total Return at Net Asset Value(3) | 9.26 | % | 7.98 | % | (9.96 | )% | ||||||
| Total Return at Market Value(4) | 8.94 | % | 8.77 | % | (10.54 | )% | ||||||
| Net Assets, end of period (millions) | $ | 46.1 | $ | 22.7 | $ | 6.9 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 7.31 | % | 7.53 | % | 6.05 | % | ||||||
| Portfolio turnover rate(7) | 25 | % | 24 | % | 12 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYC were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
(7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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.
204
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx USD High Yield Bond | ||||||||||||
For the | For the | For the | ||||||||||
| Net Asset Value, beginning of period | $ | 35.48 | $ | 35.66 | $ | 39.80 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.24 | 2.31 | 1.44 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.55 | (0.40 | )(8) | (4.33 | ) | |||||||
| Total income/(loss) from operations | 2.79 | 1.91 | (2.89 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.25 | ) | (2.09 | ) | (1.25 | ) | ||||||
| Total distributions | (1.25 | ) | (2.09 | ) | (1.25 | ) | ||||||
| Net Asset Value, end of period | $ | 37.02 | $ | 35.48 | $ | 35.66 | ||||||
| Market Value, end of period | $ | 36.96 | $ | 35.62 | $ | 35.62 | ||||||
| Total Return at Net Asset Value(3) | 7.92 | % | 5.40 | % | (7.32 | )% | ||||||
| Total Return at Market Value(4) | 7.31 | % | 5.92 | % | (7.55 | )% | ||||||
| Net Assets, end of period (millions) | $ | 11.1 | $ | 10.6 | $ | 5.3 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.35 | % | 0.35 | % | 0.35 | % | ||||||
| Net investment income/(loss)(5)(6) | 6.71 | % | 6.34 | % | 5.47 | % | ||||||
| Portfolio turnover rate(7) | 14 | % | 15 | % | 25 | % | ||||||
| (1) | The Fund commenced operations on February 15, 2022. Shares of XHYD were listed on the NYSE Arca, Inc. on February 17, 2022. |
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
(8) | 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.
205
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 Six Months Ended April 30, 2024 (Unaudited) | For the | For the June 30, 2023 | For the June 30, 2022 | For the June 30, 2021 | For the June 30, 2020 | For the June 30, 2019 | ||||||||||||||||||||||
| Net Asset Value, beginning of period | $ | 14.21 | $ | 14.62 | $ | 14.68 | $ | 16.15 | $ | 15.72 | $ | 17.55 | $ | 18.10 | ||||||||||||||
| Income/(loss) from operations: | ||||||||||||||||||||||||||||
| Net investment income/(loss)(2) | 0.54 | 0.28 | 1.06 | 0.43 | 0.43 | 0.71 | 0.89 | |||||||||||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.58 | (0.44 | ) | 0.00 | (11) | (1.38 | ) | 0.36 | (1.85 | ) | (0.55 | ) | ||||||||||||||||
| Total income/(loss) from operations | 1.12 | (0.16 | ) | 1.06 | (0.95 | ) | 0.79 | (1.14 | ) | 0.34 | ||||||||||||||||||
| Distributions to shareholders: | ||||||||||||||||||||||||||||
| Net investment income | (0.57 | ) | (0.25 | ) | (1.09 | ) | (0.52 | ) | (0.36 | ) | (0.67 | ) | (0.89 | ) | ||||||||||||||
| Return of capital | - | - | (0.03 | ) | (0.00 | )(11) | - | (0.02 | ) | - | ||||||||||||||||||
| Total distributions | (0.57 | ) | (0.25 | ) | (1.12 | ) | (0.52 | ) | (0.36 | ) | (0.69 | ) | (0.89 | ) | ||||||||||||||
| Net Asset Value, end of period | $ | 14.76 | $ | 14.21 | $ | 14.62 | $ | 14.68 | $ | 16.15 | $ | 15.72 | $ | 17.55 | ||||||||||||||
| Market Value, end of period | $ | 14.77 | $ | 14.16 | $ | 14.66 | $ | 14.72 | $ | 16.14 | $ | 15.75 | $ | 17.54 | ||||||||||||||
| Total Return at Net Asset Value(3) | 7.97 | % | (1.14 | )% | 7.44 | % | (6.07 | )% | 5.08 | % | (6.69 | )% | 1.94 | % | ||||||||||||||
| Total Return at Market Value(4) | 8.42 | % | (1.70 | )% | 7.44 | % | (5.76 | )% | 4.82 | % | (6.45 | )% | 1.94 | % | ||||||||||||||
| Net Assets, end of period (millions) | $ | 39.3 | $ | 28.6 | $ | 26.3 | $ | 33.8 | $ | 43.6 | $ | 77.0 | $ | 263.3 | ||||||||||||||
| Ratios to average net assets: | ||||||||||||||||||||||||||||
| Gross operating expenses | 1.09 | % | 0.90 | %(5)(12) | 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) | 0.20 | % | 0.41 | %(5)(12) | 0.55 | % | 0.56 | % | 0.66 | % | 0.75 | % | 0.61 | % | ||||||||||||||
| Net investment income/(loss)(6) | 7.23 | % | 5.80 | %(5) | 7.18 | % | 2.73 | % | 2.68 | % | 4.13 | % | 4.98 | % | ||||||||||||||
| Portfolio turnover rate(7) | 11 | % | 107 | %(13) | 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. |
The accompanying notes are an integral part of these financial statements.
206
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
| (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. |
| (12) | Does not include expenses of the investment companies in which the fund invests. |
| (13) | 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.
207
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx BB Rated USD High Yield | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 37.75 | $ | 38.53 | $ | 40.17 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.28 | 2.48 | 1.04 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.79 | (0.82 | ) | (1.87 | ) | |||||||
| Total income/(loss) from operations | 3.07 | 1.66 | (0.83 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.27 | ) | (2.44 | ) | (0.81 | ) | ||||||
| Total distributions | (1.27 | ) | (2.44 | ) | (0.81 | ) | ||||||
| Net Asset Value, end of period | $ | 39.55 | $ | 37.75 | $ | 38.53 | ||||||
| Market Value, end of period | $ | 39.62 | $ | 37.86 | $ | 38.47 | ||||||
| Total Return at Net Asset Value(3) | 8.20 | % | 4.33 | % | (2.07 | )% | ||||||
| Total Return at Market Value(4) | 8.06 | % | 4.78 | % | (5.57 | )% | ||||||
| Net Assets, end of period (millions) | $ | 57.4 | $ | 49.1 | $ | 42.4 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.20 | % | 0.20 | % | 0.20 | % | ||||||
| Net investment income/(loss)(5)(6) | 6.49 | % | 6.40 | % | 6.03 | % | ||||||
| Portfolio turnover rate(7) | 21 | % | 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. |
| (14) | The Fund commenced operations on May 24, 2022. Shares of XBB were listed on the NYSE Arca, Inc. on May 26, 2022. |
The accompanying notes are an integral part of these financial statements.
208
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx B Rated USD High Yield | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 37.29 | $ | 38.39 | $ | 40.08 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.57 | 3.13 | 1.35 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.61 | (1.11 | ) | (1.94 | ) | |||||||
| Total income/(loss) from operations | 3.18 | 2.02 | (0.59 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.57 | ) | (3.12 | ) | (1.10 | ) | ||||||
| Total distributions | (1.57 | ) | (3.12 | ) | (1.10 | ) | ||||||
| Net Asset Value, end of period | $ | 38.90 | $ | 37.29 | $ | 38.39 | ||||||
| Market Value, end of period | $ | 38.95 | $ | 37.39 | $ | 38.33 | ||||||
| Total Return at Net Asset Value(3) | 8.62 | % | 5.35 | % | (1.45 | )% | ||||||
| Total Return at Market Value(4) | 8.45 | % | 5.77 | % | (5.16 | )% | ||||||
| Net Assets, end of period (millions) | $ | 13.6 | $ | 13.1 | $ | 11.5 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.30 | % | 0.30 | % | 0.30 | % | ||||||
| Net investment income/(loss)(5)(6) | 8.10 | % | 8.15 | % | 7.87 | % | ||||||
| Portfolio turnover rate(7) | 28 | % | 31 | % | 8 | % | ||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (14) | The Fund commenced operations on May 24, 2022. Shares of XB were listed on the NYSE Arca, Inc. on May 26, 2022. |
The accompanying notes are an integral part of these financial statements.
209
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx CCC Rated USD High Yield | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 35.78 | $ | 37.50 | $ | 40.00 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 2.32 | 4.56 | 1.99 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.86 | (1.77 | ) | (3.01 | ) | |||||||
| Total income/(loss) from operations | 4.18 | 2.79 | (1.02 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (2.09 | ) | (4.51 | ) | (1.48 | ) | ||||||
| Total distributions | (2.09 | ) | (4.51 | ) | (1.48 | ) | ||||||
| Net Asset Value, end of period | $ | 37.87 | $ | 35.78 | $ | 37.50 | ||||||
| Market Value, end of period | $ | 37.90 | $ | 35.83 | $ | 37.45 | ||||||
| Total Return at Net Asset Value(3) | 11.87 | % | 7.66 | % | (2.59 | )% | ||||||
| Total Return at Market Value(4) | 11.76 | % | 7.91 | % | (5.63 | )% | ||||||
| Net Assets, end of period (millions) | $ | 53.0 | $ | 19.7 | $ | 11.2 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.40 | % | 0.40 | % | 0.40 | % | ||||||
| Net investment income/(loss)(5)(6) | 12.21 | % | 12.21 | % | 11.58 | % | ||||||
| Portfolio turnover rate(7) | 36 | % | 25 | % | 12 | % | ||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (14) | The Fund commenced operations on May 24, 2022. Shares of XCCC were listed on the NYSE Arca, Inc. on May 26, 2022. |
The accompanying notes are an integral part of these financial statements.
210
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx BBB Rated 1-5 Year | BondBloxx BBB Rated 5-10 Year | BondBloxx BBB Rated 10+ Year | ||||||||||
For the (Unaudited)(15) | For the Period Ended (Unaudited)(15) | For the (Unaudited)(15) | ||||||||||
| Net Asset Value, beginning of period | $ | 50.15 | $ | 50.02 | $ | 49.54 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 0.67 | 0.70 | 0.76 | |||||||||
| Net realized and unrealized gain/(loss) on investments | (0.70 | ) | (1.33 | ) | (2.59 | ) | ||||||
| Total income/(loss) from operations | (0.03 | ) | (0.63 | ) | (1.83 | ) | ||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (0.46 | ) | (0.44 | ) | (0.42 | ) | ||||||
| Total distributions | (0.46 | ) | (0.44 | ) | (0.42 | ) | ||||||
| Net Asset Value, end of period | $ | 49.66 | $ | 48.95 | $ | 47.29 | ||||||
| Market Value, end of period | $ | 49.67 | $ | 48.90 | $ | 47.21 | ||||||
| Total Return at Net Asset Value(3) | (0.06 | )% | (1.27 | )% | (3.72 | )% | ||||||
| Total Return at Market Value(4) | (0.22 | )% | (1.70 | )% | (4.48 | )% | ||||||
| Net Assets, end of period (millions) | $ | 2.5 | $ | 4.9 | $ | 4.7 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.19 | % | 0.19 | % | 0.19 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.99 | % | 5.14 | % | 5.62 | % | ||||||
| Portfolio turnover rate(7) | 13 | % | 18 | % | 11 | % | ||||||
| (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) | The Funds commenced operations on January 22, 2024. Shares of BBBS, BBBI and BBBL were listed on the NYSE Arca, Inc. on January 25, 2024. |
The accompanying notes are an integral part of these financial statements.
211
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx JP Morgan USD Emerging Markets | ||||||||||||
For the April 30, | For the Year Ended | For the | ||||||||||
| Net Asset Value, beginning of period | $ | 38.61 | $ | 37.91 | $ | 40.00 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.27 | 2.52 | 0.83 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 2.34 | 0.68 | (2.32 | ) | ||||||||
| Total income/(loss) from operations | 3.61 | 3.20 | (1.49 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.27 | ) | (2.50 | ) | (0.60 | ) | ||||||
| Total distributions | (1.27 | ) | (2.50 | ) | (0.60 | ) | ||||||
| Net Asset Value, end of period | $ | 40.95 | $ | 38.61 | $ | 37.91 | ||||||
| Market Value, end of period | $ | 40.77 | $ | 38.61 | $ | 37.67 | ||||||
| Total Return at Net Asset Value(3) | 9.45 | % | 8.50 | % | (3.78 | )% | ||||||
| Total Return at Market Value(4) | 8.96 | % | 9.17 | % | (4.32 | )% | ||||||
| Net Assets, end of period (millions) | $ | 210.9 | $ | 183.4 | $ | 168.7 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.29 | % | 0.29 | % | 0.29 | % | ||||||
| Net investment income/(loss)(5)(6) | 6.27 | % | 6.37 | % | 6.09 | % | ||||||
| Portfolio turnover rate(7) | 10 | % | 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. |
| (16) | The Fund commenced operations on June 28, 2022. Shares of XEMD were listed on the Cboe BZX, Inc. on June 30, 2022. |
The accompanying notes are an integral part of these financial statements.
212
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Six Month | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 50.29 | $ | 50.09 | $ | 50.00 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.30 | 2.53 | 0.25 | |||||||||
| Net realized and unrealized gain/(loss) on investments | (0.03 | ) | (0.30 | ) | (0.16 | ) | ||||||
| Total income/(loss) from operations | 1.27 | 2.23 | 0.09 | |||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.31 | ) | (2.03 | ) | - | |||||||
| Total distributions | (1.31 | ) | (2.03 | ) | - | |||||||
| Net Asset Value, end of period | $ | 50.25 | $ | 50.29 | $ | 50.09 | ||||||
| Market Value, end of period | $ | 50.26 | $ | 50.31 | $ | 50.13 | ||||||
| Total Return at Net Asset Value(3) | 2.57 | % | 4.55 | % | 0.18 | % | ||||||
| Total Return at Market Value(4) | 2.55 | % | 4.50 | % | 0.22 | % | ||||||
| Net Assets, end of period (millions) | $ | 1,151.1 | $ | 1,096.9 | $ | 50.1 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.03 | % | 0.03 | % | 0.03 | % | ||||||
| Net investment income/(loss)(5)(6) | 5.21 | % | 5.02 | % | 3.53 | % | ||||||
| Portfolio turnover rate(7) | 73 | % | - | % | 24 | % | ||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XHLF were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
213
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg One Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 49.74 | $ | 49.90 | $ | 50.00 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.33 | 2.51 | 0.27 | |||||||||
| Net realized and unrealized gain/(loss) on investments | (0.16 | ) | (0.56 | )(8) | (0.37 | ) | ||||||
| Total income/(loss) from operations | 1.17 | 1.95 | (0.10 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.44 | ) | (2.11 | ) | - | |||||||
| Total distributions | (1.44 | ) | (2.11 | ) | - | |||||||
| Net Asset Value, end of period | $ | 49.47 | $ | 49.74 | $ | 49.90 | ||||||
| Market Value, end of period | $ | 49.49 | $ | 49.76 | $ | 49.91 | ||||||
| Total Return at Net Asset Value(3) | 2.39 | % | 4.01 | % | (0.20 | )% | ||||||
| Total Return at Market Value(4) | 2.39 | % | 4.02 | % | (0.14 | )% | ||||||
| Net Assets, end of period (millions) | $ | 412.6 | $ | 527.2 | $ | 39.4 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.03 | % | 0.03 | % | 0.03 | % | ||||||
| Net investment income/(loss)(5)(6) | 5.38 | % | 5.00 | % | 3.83 | % | ||||||
| Portfolio turnover rate(7) | 56 | % | 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. |
| (8) | 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. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XONE were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
214
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Two Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 48.85 | $ | 49.49 | $ | 49.94 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.10 | 2.09 | 0.26 | |||||||||
| Net realized and unrealized gain/(loss) on investments | (0.10 | ) | (0.75 | ) | (0.71 | ) | ||||||
| Total income/(loss) from operations | 1.00 | 1.34 | (0.45 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.18 | ) | (1.98 | ) | - | |||||||
| Total distributions | (1.18 | ) | (1.98 | ) | - | |||||||
| Net Asset Value, end of period | $ | 48.67 | $ | 48.85 | $ | 49.49 | ||||||
| Market Value, end of period | $ | 48.67 | $ | 48.87 | $ | 49.48 | ||||||
| Total Return at Net Asset Value(3) | 2.06 | % | 2.76 | % | (0.90 | )% | ||||||
| Total Return at Market Value(4) | 2.01 | % | 2.82 | % | (0.74 | )% | ||||||
| Net Assets, end of period (millions) | $ | 101.2 | $ | 105.0 | $ | 36.6 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.05 | % | 0.05 | % | 0.05 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.52 | % | 4.21 | % | 3.74 | % | ||||||
| Portfolio turnover rate(7) | 38 | % | 68 | % | 12 | % | ||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XTWO were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
215
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Three Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 48.20 | $ | 49.14 | $ | 49.86 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.10 | 1.99 | 0.28 | |||||||||
| Net realized and unrealized gain/(loss) on investments | (0.08 | ) | (0.92 | ) | (1.00 | ) | ||||||
| Total income/(loss) from operations | 1.02 | 1.07 | (0.72 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (1.01 | ) | (2.01 | ) | - | |||||||
| Total distributions | (1.01 | ) | (2.01 | ) | - | |||||||
| Net Asset Value, end of period | $ | 48.21 | $ | 48.20 | $ | 49.14 | ||||||
| Market Value, end of period | $ | 48.21 | $ | 48.21 | $ | 49.12 | ||||||
| Total Return at Net Asset Value(3) | 2.10 | % | 2.18 | % | (1.44 | )% | ||||||
| Total Return at Market Value(4) | 2.08 | % | 2.24 | % | (1.25 | )% | ||||||
| Net Assets, end of period (millions) | $ | 52.1 | $ | 28.9 | $ | 20.1 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.05 | % | 0.05 | % | 0.05 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.51 | % | 4.05 | % | 3.99 | % | ||||||
| Portfolio turnover rate(7) | 40 | % | 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. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XTRE were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
216
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Five Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 46.84 | $ | 48.40 | $ | 49.77 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 0.98 | 1.83 | 0.24 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 0.41 | (1.56 | ) | (1.61 | ) | |||||||
| Total income/(loss) from operations | 1.39 | 0.27 | (1.37 | ) | ||||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (0.90 | ) | (1.83 | ) | - | |||||||
| Total distributions | (0.90 | ) | (1.83 | ) | - | |||||||
| Net Asset Value, end of period | $ | 47.33 | $ | 46.84 | $ | 48.40 | ||||||
| Market Value, end of period | $ | 47.32 | $ | 46.86 | $ | 48.36 | ||||||
| Total Return at Net Asset Value(3) | 2.95 | % | 0.46 | % | (2.75 | )% | ||||||
| Total Return at Market Value(4) | 2.88 | % | 0.59 | % | (2.50 | )% | ||||||
| Net Assets, end of period (millions) | $ | 80.9 | $ | 36.5 | $ | 20.3 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.05 | % | 0.05 | % | 0.05 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.05 | % | 3.73 | % | 3.49 | % | ||||||
| Portfolio turnover rate(7) | 52 | % | 88 | % | 8 | % | ||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XFIV were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
217
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Seven Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 45.08 | $ | 47.75 | $ | 49.70 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 1.01 | 1.77 | 0.23 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 0.67 | (2.66 | ) | (2.18 | ) | |||||||
| Total income/(loss) from operations | 1.68 | (0.89 | ) | (1.95 | ) | |||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (0.85 | ) | (1.78 | ) | - | |||||||
| Total distributions | (0.85 | ) | (1.78 | ) | - | |||||||
| Net Asset Value, end of period | $ | 45.91 | $ | 45.08 | $ | 47.75 | ||||||
| Market Value, end of period | $ | 45.91 | $ | 45.13 | $ | 47.68 | ||||||
| Total Return at Net Asset Value(3) | 3.67 | % | (2.04 | )% | (3.92 | )% | ||||||
| Total Return at Market Value(4) | 3.55 | % | (1.79 | )% | (3.75 | )% | ||||||
| Net Assets, end of period (millions) | $ | 137.3 | $ | 53.7 | $ | 20.5 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.05 | % | 0.05 | % | 0.05 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.26 | % | 3.65 | % | 3.45 | % | ||||||
| Portfolio turnover rate(7) | 43 | % | 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. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XSVN were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
218
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Ten Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 43.04 | $ | 46.67 | $ | 49.74 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 0.98 | 1.81 | 0.23 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 1.43 | (3.64 | ) | (3.30 | ) | |||||||
| Total income/(loss) from operations | 2.41 | (1.83 | ) | (3.07 | ) | |||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (0.88 | ) | (1.80 | ) | - | |||||||
| Total distributions | (0.88 | ) | (1.80 | ) | - | |||||||
| Net Asset Value, end of period | $ | 44.57 | $ | 43.04 | $ | 46.67 | ||||||
| Market Value, end of period | $ | 44.59 | $ | 43.09 | $ | 46.60 | ||||||
| Total Return at Net Asset Value(3) | 5.55 | % | (4.23 | )% | (6.17 | )% | ||||||
| Total Return at Market Value(4) | 5.47 | % | (3.98 | )% | (6.03 | )% | ||||||
| Net Assets, end of period (millions) | $ | 128.8 | $ | 42.6 | $ | 20.1 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.075 | % | 0.075 | % | 0.075 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.24 | % | 3.82 | % | 3.44 | % | ||||||
| Portfolio turnover rate(7) | 24 | % | 84 | % | 12 | % | ||||||
| (2) | Based on average daily shares outstanding. |
| (3) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
| (4) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| (5) | Annualized. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XTEN were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
219
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx Bloomberg Twenty Year | ||||||||||||
For the April 30, (Unaudited) | For the Year Ended October 31, | For the Period Ended October 31, | ||||||||||
| Net Asset Value, beginning of period | $ | 36.65 | $ | 43.65 | $ | 49.78 | ||||||
| Income/(loss) from operations: | ||||||||||||
| Net investment income/(loss)(2) | 0.90 | 1.74 | 0.23 | |||||||||
| Net realized and unrealized gain/(loss) on investments | 2.49 | (6.98 | ) | (6.36 | ) | |||||||
| Total income/(loss) from operations | 3.39 | (5.24 | ) | (6.13 | ) | |||||||
| Distributions to shareholders: | ||||||||||||
| Net investment income | (0.91 | ) | (1.76 | ) | - | |||||||
| Total distributions | (0.91 | ) | (1.76 | ) | - | |||||||
| Net Asset Value, end of period | $ | 39.13 | $ | 36.65 | $ | 43.65 | ||||||
| Market Value, end of period | $ | 39.11 | $ | 36.74 | $ | 43.62 | ||||||
| Total Return at Net Asset Value(3) | 9.09 | % | (12.73 | )% | (12.31 | )% | ||||||
| Total Return at Market Value(4) | 8.77 | % | (12.45 | )% | (12.66 | )% | ||||||
| Net Assets, end of period (millions) | $ | 24.3 | $ | 23.1 | $ | 21.4 | ||||||
| Ratios to average net assets: | ||||||||||||
| Expenses(5) | 0.125 | % | 0.125 | % | 0.125 | % | ||||||
| Net investment income/(loss)(5)(6) | 4.31 | % | 3.81 | % | 3.54 | % | ||||||
| Portfolio turnover rate(7) | 80 | % | 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. |
| (17) | The Fund commenced operations on September 13, 2022. Shares of XTWY were listed on the NYSE Arca, Inc. on September 15, 2022. |
The accompanying notes are an integral part of these financial statements.
220
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
BondBloxx IR+M Tax-Aware Short Duration ETF | ||||
For the April 30, 2024 (Unaudited)(18) | ||||
| Net Asset Value, beginning of period | $ | 50.00 | ||
| Income/(loss) from operations: | ||||
| Net investment income/(loss)(2) | 0.24 | |||
| Net realized and unrealized gain/(loss) on investments | (0.37 | ) | ||
| Total income/(loss) from operations | (0.13 | ) | ||
| Distributions to shareholders: | ||||
| Net investment income | - | |||
| Total distributions | - | |||
| Net Asset Value, end of period | $ | 49.87 | ||
| Market Value, end of period | $ | 49.95 | ||
| Total Return at Net Asset Value(3) | (0.26 | )% | ||
| Total Return at Market Value(4) | (0.08 | )% | ||
| Net Assets, end of period (millions) | $ | 52.9 | ||
| Ratios to average net assets: | ||||
| Expenses(5) | 0.35 | % | ||
| Net investment income/(loss)(5)(6) | 3.60 | % | ||
| Portfolio turnover rate(7) | 5 | % | ||
| (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. |
| (18) | The Fund commenced operations on March 12, 2024. Shares of TAXX were listed on the NYSE Arca, Inc. on March 14, 2024. |
The accompanying notes are an integral part of these financial statements.
221
Notes to the Financial Statements
April 30, 2024 (Unaudited)
| 1. | ORGANIZATION |
The BondBloxx ETF Trust (the “Trust”) is a Delaware statutory trust organized on August 17, 2021 and is authorized to issue multiple series or portfolios. The Trust is an open-end management investment company, registered under the Investment Company Act of 1940, as amended (the “1940 Act”). The Trust’s shares are registered under the Securities Act of 1933, as amended. The Trust currently consists of Bond shares of twenty four 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 BB Rated USD High Yield Corporate Bond ETF, BondBloxx B Rated USD High Yield Corporate Bond ETF, BondBloxx CCC Rated USD High Yield Corporate Bond ETF, BondBloxx BBB Rated 1-5 Year Corporate Bond ETF, BondBloxx BBB Rated 5-10 Year Corporate Bond ETF, BondBloxx BBB Rated 10+ Year 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, BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF and BondBloxx IR+M Tax-Aware Short Duration ETF (each, a “Fund” and collectively, the “Funds”). Each series operates as an exchange-traded fund (“ETF”). 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 BB Rated USD High Yield Corporate Bond ETF | ICE BofA BB US Cash Pay High Yield Constrained Index | May 24, 2022 | ||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | ICE BofA Single-B US Cash Pay High Yield Constrained Index | May 24, 2022 |
222
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| Fund Name | Actual Index | Commencement of Operations | ||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | ICE CCC US Cash Pay High Yield Constrained Index | May 24, 2022 | ||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | Bloomberg US Corporate BBB 1-5 Year Index | January 22, 2024 | ||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | Bloomberg US Corporate BBB 5-10 Year Index | January 22, 2024 | ||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | Bloomberg US Corporate BBB 10+ Year Index | January 22, 2024 | ||
| 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 | ||
| BondBloxx IR+M Tax-Aware Short Duration ETF | Bloomberg Municipal 1-3 Year Index | March 12, 2024 |
| * | Represents the date the Predecessor Fund to BondBloxx USD High Yield Bond Sector Rotation ETF merged into the BondBloxx ETF Trust. |
| 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 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
223
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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.
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.
224
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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.
With the exception of the BondBloxx IR+M Tax Aware Short Duration ETF, 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.
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. |
225
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| ■ | Level 3 – Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by BIM used in determining the fair value of investments. |
The inputs or methodology used for valuing assets and liabilities are not necessarily an indication of the risk associated with investing in those assets and liabilities.
The following table summarizes the valuation of the Funds’ fair value hierarchy levels as of April 30, 2024:
| BondBloxx USD High Yield Bond Industrial Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 60,484,037 | $ | - | $ | 60,484,037 | ||||||||
| Time Deposits | - | 1,096,119 | - | 1,096,119 | ||||||||||||
| Total Investments | $ | - | $ | 61,580,156 | $ | - | $ | 61,580,156 | ||||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 34,025,068 | $ | - | $ | 34,025,068 | ||||||||
| Time Deposits | - | 436,589 | - | 436,589 | ||||||||||||
| Total Investments | $ | - | $ | 34,461,657 | $ | - | $ | 34,461,657 | ||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 30,074,114 | $ | - | $ | 30,074,114 | ||||||||
| Time Deposits | - | 429,184 | - | 429,184 | ||||||||||||
| Total Investments | $ | - | $ | 30,503,298 | $ | - | $ | 30,503,298 | ||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 42,968,583 | $ | - | $ | 42,968,583 | ||||||||
| Time Deposits | - | 1,347,822 | - | 1,347,822 | ||||||||||||
| Total Investments | $ | - | $ | 44,316,405 | $ | - | $ | 44,316,405 | ||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 64,452,853 | $ | - | $ | 64,452,853 | ||||||||
| Time Deposits | - | 3,087,169 | - | 3,087,169 | ||||||||||||
| Total Investments | $ | - | $ | 67,540,022 | $ | - | $ | 67,540,022 | ||||||||
226
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 45,323,680 | $ | - | $ | 45,323,680 | ||||||||
| Time Deposits | - | 411,151 | - | 411,151 | ||||||||||||
| Total Investments | $ | - | $ | 45,734,831 | $ | - | $ | 45,734,831 | ||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 10,889,759 | $ | - | $ | 10,889,759 | ||||||||
| Time Deposits | - | 130,111 | - | 130,111 | ||||||||||||
| Total Investments | $ | - | $ | 11,019,870 | $ | - | $ | 11,019,870 | ||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Exchange-Traded Funds | $ | 39,246,678 | $ | - | $ | - | $ | 39,246,678 | ||||||||
| Time Deposits | - | 48,633 | - | 48,633 | ||||||||||||
| Total Investments | $ | 39,246,678 | $ | 48,633 | $ | - | $ | 39,295,311 | ||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 56,487,890 | $ | - | $ | 56,487,890 | ||||||||
| Time Deposits | - | 510,631 | - | 510,631 | ||||||||||||
| Total Investments | $ | - | $ | 56,998,521 | $ | - | $ | 56,998,521 | ||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 13,295,013 | $ | - | $ | 13,295,013 | ||||||||
| Time Deposits | - | 371,437 | - | 371,437 | ||||||||||||
| Total Investments | $ | - | $ | 13,666,450 | $ | - | $ | 13,666,450 | ||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Common Stocks | $ | 201 | $ | - | $ | - | $ | 201 | ||||||||
| Corporate Bonds | - | 51,541,423 | - | 51,541,423 | ||||||||||||
| Time Deposits | - | 2,888,945 | - | 2,888,945 | ||||||||||||
| Total Investments | $ | 201 | $ | 54,430,368 | $ | - | $ | 54,430,569 | ||||||||
227
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 2,450,420 | $ | - | $ | 2,450,420 | ||||||||
| Time Deposits | - | 20,210 | - | 20,210 | ||||||||||||
| Total Investments | $ | - | $ | 2,470,630 | $ | - | $ | 2,470,630 | ||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 4,819,880 | $ | - | $ | 4,819,880 | ||||||||
| Time Deposits | - | 28,771 | - | 28,771 | ||||||||||||
| Total Investments | $ | - | $ | 4,848,651 | $ | - | $ | 4,848,651 | ||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 4,632,240 | $ | - | $ | 4,632,240 | ||||||||
| Time Deposits | - | 34,384 | - | 34,384 | ||||||||||||
| Total Investments | $ | - | $ | 4,666,624 | $ | - | $ | 4,666,624 | ||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | - | $ | 23,808,285 | $ | - | $ | 23,808,285 | ||||||||
| Government Agencies and Obligations | - | 183,389,555 | - | 183,389,555 | ||||||||||||
| Time Deposits | - | 186,971 | - | 186,971 | ||||||||||||
| Total Investments | $ | - | $ | 207,384,811 | $ | - | $ | 207,384,811 | ||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 1,145,813,441 | $ | - | $ | 1,145,813,441 | ||||||||
| Time Deposits | - | 20,247,438 | - | 20,247,438 | ||||||||||||
| Total Investments | $ | - | $ | 1,166,060,879 | $ | - | $ | 1,166,060,879 | ||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 408,236,154 | $ | - | $ | 408,236,154 | ||||||||
| Time Deposits | - | 1,157,976 | - | 1,157,976 | ||||||||||||
| Total Investments | $ | - | $ | 409,394,130 | $ | - | $ | 409,394,130 | ||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 100,189,367 | $ | - | $ | 100,189,367 | ||||||||
| Time Deposits | - | 330,052 | - | 330,052 | ||||||||||||
| Total Investments | $ | - | $ | 100,519,419 | $ | - | $ | 100,519,419 | ||||||||
228
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 51,490,702 | $ | - | $ | 51,490,702 | ||||||||
| Time Deposits | - | 132,572 | - | 132,572 | ||||||||||||
| Total Investments | $ | - | $ | 51,623,274 | $ | - | $ | 51,623,274 | ||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 79,950,971 | $ | - | $ | 79,950,971 | ||||||||
| Time Deposits | - | 283,458 | - | 283,458 | ||||||||||||
| Total Investments | $ | - | $ | 80,234,429 | $ | - | $ | 80,234,429 | ||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 135,341,920 | $ | - | $ | 135,341,920 | ||||||||
| Time Deposits | - | 117,739 | - | 117,739 | ||||||||||||
| Total Investments | $ | - | $ | 135,459,659 | $ | - | $ | 135,459,659 | ||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 126,236,561 | $ | - | $ | 126,236,561 | ||||||||
| Time Deposits | - | 293,573 | - | 293,573 | ||||||||||||
| Total Investments | $ | - | $ | 126,530,134 | $ | - | $ | 126,530,134 | ||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | - | $ | 23,876,151 | $ | - | $ | 23,876,151 | ||||||||
| Time Deposits | - | 102,256 | - | 102,256 | ||||||||||||
| Total Investments | $ | - | $ | 23,978,407 | $ | - | $ | 23,978,407 | ||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | ||||||||||||||||
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | - | $ | 4,140,258 | $ | - | $ | 4,140,258 | ||||||||
| Collateralized Mortgage Obligations | - | 2,912,477 | - | 2,912,477 | ||||||||||||
| Corporate Bonds | - | 12,478,296 | - | 12,478,296 | ||||||||||||
| Municipal Bonds | - | 32,384,970 | - | 32,384,970 | ||||||||||||
| Time Deposits | - | 2,801,555 | - | 2,801,555 | ||||||||||||
| Total Investments | $ | - | $ | 54,717,556 | $ | - | $ | 54,717,556 | ||||||||
229
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
Bonds
Each Fund, except HYSA, 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 April 30, 2024, as applicable, are disclosed in the Notes to Portfolios of Investments.
Securities Issued by U.S. Government Agencies or Government-Sponsored Enterprises are obligations of and, in certain cases, guaranteed by, the U.S. Government, its agencies or instrumentalities. Some U.S. Government securities, such as Treasury bills, notes and bonds, and securities guaranteed by the Government National Mortgage Association, are supported by the full faith and credit of the U.S. Government; others, such as those of the Federal Home Loan Banks, are supported by the right of the issuer to borrow from the U.S. Department of the Treasury (the “U.S. Treasury”); and others, such as those of the Federal National Mortgage Association (“FNMA” or “Fannie Mae”), are supported by the discretionary authority of the U.S. Government to purchase the agency’s obligations. U.S. Government securities may include zero coupon securities which do not distribute interest on a current basis and tend to be subject to a greater risk than interest-paying securities of similar maturities.
Government-related guarantors (i.e., not backed by the full faith and credit of the U.S. Government) include FNMA and the Federal Home Loan Mortgage Corporation (“FHLMC” or “Freddie Mac”). FNMA is a government-sponsored corporation. FNMA purchases conventional (i.e., not insured or guaranteed by any government agency) residential mortgages from a list of approved seller/servicers which include state and federally chartered savings and loan associations, mutual savings banks, commercial banks and credit unions and mortgage bankers. Pass-through securities issued by FNMA are guaranteed as to timely payment of principal and interest by FNMA, but are not backed by the full faith and credit of the U.S. Government. FHLMC issues Participation Certificates (“PCs”), which are pass-through securities, each representing an undivided interest in a pool of residential mortgages. FHLMC guarantees the timely payment of interest and ultimate collection of principal, but PCs are not backed by the full faith and credit of the U.S. Government.
In June 2019, FNMA and FHLMC started issuing Uniform Mortgage Backed Securities in place of their current offerings of TBA-eligible securities (the “Single Security Initiative”). The Single Security Initiative seeks to support the overall liquidity of the TBA market and aligns the characteristics of FNMA and FHLMC certificates. The effects that the Single Security Initiative may have on the market for TBA and other mortgage-backed securities are uncertain.
Roll-timing strategies can be used where a Fund seeks to extend the expiration or maturity of a position, such as a TBA security on an underlying asset, by closing out the position before expiration and opening a new position with respect to substantially the same underlying asset with a later expiration date. TBA securities purchased or sold are reflected on the Statements of Assets and Liabilities as an asset or liability, respectively. Recently finalized FINRA rules include mandatory margin requirements for the TBA market that require the Funds to post collateral in connection with their TBA transactions.
230
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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.
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 expense 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
231
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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 expense 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 April 30, 2024, HYSA waived $134,722 of affiliated acquired 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.
BIM does not intend to recoup amounts identified through April 30, 2024,that are permitted to be recouped in accordance with the preceding paragraph.
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 BB Rated USD High Yield Corporate Bond ETF | 0.20% | |
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 0.30% | |
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 0.40% | |
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 0.19% | |
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 0.19% | |
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 0.19% | |
| 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% | |
| BondBloxx IR+M Tax-Aware Short Duration ETF | 0.35% |
232
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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-advisory 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.
Pursuant for sub-advisory agreement with Income Research + Management (“IR+M” or “Sub-Adviser”), a Massachusetts Business Trust, IR+M acts as sub-adviser to TAXX. IR+M is responsible for the day-to-day portfolio management of the Fund as Sub-Adviser. IR+M specializes in managing U.S. fixed income portfolios for institutional and private clients, as well as managing several U.S. fixed income private investment funds and collective investment trusts for qualified investors. For its services, IR+M is paid a fee by BIM.
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.
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.
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, received orders to create and redeem shares in Creation Unit Aggregations and transmitted such orders to the Fund’s custodian and transfer agent. The Distributor had no obligation to sell any specific quantity of Fund shares. The Distributor bore 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 did not maintain any secondary market in Fund shares.
233
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| 4. | PURCHASE AND SALE OF FUND SHARES |
The Funds will offer, issue and redeem shares (“Shares”) at NAV only in aggregations of a specified number of Shares (each a “Creation Unit”). The Funds may issue and redeem Creation Units of its Shares only to certain authorized participants that have entered into agreements with the Distributor (“Authorized Participants”) in exchange for a designated basket of portfolio investments (including any portion of such investments for which cash may be substituted) (“Deposit Instruments”), together with the deposit of a specified cash payment (“Cash Component”). Shares of the Funds will be listed and trade on NYSE Arca, Inc. or Cboe BZX (the “Exchanges”), the national securities exchanges. Shares of the Funds will be traded in the secondary market and elsewhere at market prices that may be at, above or below the Funds’ NAV. Shares will be redeemable only in Creation Units by Authorized Participants, and, generally, in exchange for securities in-kind and/or a cash amount. Creation Units typically are large blocks of a specified number of shares or multiples thereof. In the event of liquidation of a Fund, the Trust may lower the number of shares in a Creation Unit.
Shares may be issued in advance of receipt of Deposit Instruments, subject to various conditions, including a requirement that the Authorized Participant maintain with the Trust a cash deposit marked to the market value of the omitted Deposit Instruments. Transaction fees and other costs associated with creations or redemptions that include cash may be higher than the transaction fees and other costs associated with in-kind creations or redemptions. In all cases, conditions with respect to creations and redemptions of Shares and fees will be limited in accordance with the requirements of Securities and Exchange Commission (“SEC”) rules and regulations applicable to management investment companies offering redeemable securities.
| 5. | INVESTMENT TRANSACTIONS |
The cost of purchases and the proceeds from sales of investment securities (excluding in-kind subscriptions and redemptions, US government securities and short-term investments) for the period ended April 30, 2024 were as follows:
| Purchases | Sales | |||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 6,435,232 | $ | 6,542,133 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 3,122,691 | 3,200,274 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 1,698,489 | 1,423,114 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 8,944,884 | 9,077,649 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 6,687,285 | 5,864,075 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 7,505,327 | 7,407,795 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 1,544,255 | 1,604,232 | ||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 3,883,071 | 3,847,369 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 11,433,141 | 11,218,512 | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 3,776,615 | 3,894,420 | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 12,574,214 | 12,409,622 | ||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 381,608 | 312,423 | ||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 736,132 | 659,505 | ||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 475,017 | 488,334 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 18,952,018 | 21,058,121 | ||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 54,199,632 | 2,176,216 | ||||||
234
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
The cost of purchases and the proceeds from sales of US government securities (excluding in-kind subscriptions and redemptions, investment securities and short-term investments) for the period ended April 30, 2024 were as follows:
| Purchases | Sales | |||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | $ | 267,494,330 | $ | 276,230,900 | ||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 36,534,086 | 37,571,214 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 16,160,415 | 16,672,605 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 29,891,639 | 30,153,726 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 39,423,336 | 40,111,585 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 22,290,259 | 22,867,230 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 21,097,693 | 21,465,294 | ||||||
For the period ended April 30, 2024, 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 | $ | 18,338,706 | $ | - | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 4,864,424 | - | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 18,102,827 | - | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 12,440,499 | - | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 42,793,994 | - | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 25,227,438 | 3,410,783 | ||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 9,719,041 | - | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 5,716,228 | - | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 14,881 | - | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 36,546,873 | 5,220,268 | ||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 2,409,429 | - | ||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 4,875,326 | - | ||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 4,857,159 | - | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 37,256,693 | 20,692,709 | ||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 390,118,749 | 335,891,458 | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 151,093,703 | 263,464,690 | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 36,619,131 | 40,139,943 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 24,710,328 | 1,473,923 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 44,472,371 | - | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 86,324,869 | 2,349,492 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 99,832,205 | 13,014,691 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 8,195,667 | 9,041,900 | ||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 262,936 | - | ||||||
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Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| 6. | AFFILIATE TRANSACTIONS |
Investments in issuers considered to be affiliates of the fund during the period ended April 30, 2024 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 October 31, 2023 | Purchases | Realized Gain (Loss) on Investment Securities | Change in Unrealized Appreciation (Depreciation) of Investment Securities | Sales | Value as of April 30, 2024 | Dividends | |||||||||||||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | $ | 4,568,276 | $ | 1,269,766 | $ | 25,115 | $ | 200,423 | $ | (945,558 | ) | $ | 5,118,022 | $ | 164,549 | |||||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 3,449,049 | 801,454 | 43,819 | 94,260 | (1,257,848 | ) | 3,130,734 | 102,668 | ||||||||||||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 3,857,082 | 981,961 | 13,124 | 132,774 | (1,043,576 | ) | 3,941,365 | 124,961 | ||||||||||||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 2,280,404 | 2,384,065 | (737 | ) | 111,258 | (58,938 | ) | 4,716,052 | 134,400 | |||||||||||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 1,705,318 | 2,160,531 | (909 | ) | 133,990 | (55,404 | ) | 3,943,526 | 104,088 | |||||||||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | 7,371,542 | 2,500,439 | 6,302 | 348,463 | (421,742 | ) | 9,805,004 | 307,355 | ||||||||||||||||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 5,238,481 | 3,503,896 | (1,703 | ) | (84,396 | ) | (64,303 | ) | 8,591,975 | 305,059 | ||||||||||||||||||
| 28,470,152 | 13,602,112 | 85,011 | 936,772 | (3,847,369 | ) | 39,246,678 | 1,243,080 | |||||||||||||||||||||
| 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 period ended April 30, 2024, the Funds did not incur any interest or penalties.
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Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
At April 30, 2024, the cost of investments and net unrealized appreciation (depreciation) for federal income tax purposes was as follows:
| Cost | Gross | Gross | Net | |||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 61,247,890 | $ | 889,852 | $ | (557,586 | ) | $ | 332,266 | |||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 35,250,420 | 451,267 | (1,240,030 | ) | (788,763 | ) | ||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 30,484,587 | 245,241 | (226,530 | ) | 18,711 | |||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 43,615,091 | 898,216 | (196,902 | ) | 701,314 | |||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 67,403,987 | 297,825 | (161,790 | ) | 136,035 | |||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 45,567,772 | 462,277 | (295,218 | ) | 167,059 | |||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 11,044,426 | 133,609 | (158,165 | ) | (24,556 | ) | ||||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 39,152,169 | 429,875 | (286,733 | ) | 143,142 | |||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 57,015,718 | 604,012 | (621,209 | ) | (17,197 | ) | ||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 13,605,478 | 270,509 | (209,537 | ) | 60,972 | |||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 54,949,006 | 1,050,196 | (1,568,633 | ) | (518,437 | ) | ||||||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 2,503,394 | 30 | (32,794 | ) | (32,764 | ) | ||||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 4,983,222 | 114 | (134,685 | ) | (134,571 | ) | ||||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 4,879,920 | 228 | (213,524 | ) | (213,296 | ) | ||||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 202,437,952 | 8,760,109 | (3,813,250 | ) | 4,946,859 | |||||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1,167,484,978 | - | (1,424,099 | ) | (1,424,099 | ) | ||||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 410,751,967 | - | (1,357,837 | ) | (1,357,837 | ) | ||||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 101,784,176 | - | (1,264,757 | ) | (1,264,757 | ) | ||||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 52,429,787 | - | (806,513 | ) | (806,513 | ) | ||||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 81,957,437 | - | (1,723,008 | ) | (1,723,008 | ) | ||||||||||
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Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | |||||||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | $ | 138,482,762 | $ | 15,592 | $ | (3,038,695 | ) | $ | (3,023,103 | ) | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 132,076,934 | - | (5,546,800 | ) | (5,546,800 | ) | ||||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 25,858,717 | - | (1,880,310 | ) | (1,880,310 | ) | ||||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 54,947,321 | 8,119 | (237,884 | ) | (229,765 | ) | ||||||||||
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, 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 BB Rated USD High Yield Corporate Bond ETF | 613,275 | 121,907 | 735,182 | |||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 164,172 | 79,532 | 243,704 | |||||||||
| 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. |
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BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
| 8. | RELATED PARTIES |
At April 30, 2024, 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.
| 10. | INVESTMENT RISKS |
A discussion of some of the principal risks associated with an investment in a Fund is contained in each Fund’s Prospectus. An investment in a Fund should be made with an understanding that the value of the Fund’s portfolio securities may fluctuate in accordance with changes in the financial condition of the issuers of the portfolio securities, the value of bonds in general, and other factors that affect the market.
High Yield Bonds Risk. Bonds that are rated below investment-grade (sometimes referred to as “junk bonds,” which may include those bonds rated below “BBB-” by S&P Global Ratings and Fitch, or below “Baa3” by Moody’s), or similar bonds that are unrated, may be deemed speculative, may involve greater levels of risk than higher-rated bonds of similar maturity and may be more likely to default.
U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics and may provide relatively lower returns than those of other securities. Similar to other issuers, changes to the financial condition or credit rating of the U.S. Government may cause the value of the Fund’s U.S. Treasury obligations to decline.
U.S. Government Obligations Risk. While U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. Government, such securities are nonetheless subject to credit risk (i.e., the risk that the U.S. Government may be, or be perceived to be, unable or unwilling to honor its financial obligations, such as making payments). Securities issued or guaranteed by federal agencies or authorities and U.S. Government-sponsored instrumentalities or enterprises may or may not be backed by the full faith and credit of the U.S. Government.
Emerging Markets Risks. Investments in emerging market issuers are subject to a greater risk of loss than investments in issuers located or operating in more developed markets. This is due to, among other things, the potential for greater market volatility, lower trading volume, higher levels of inflation, political and economic instability, greater risk of a market shutdown and more governmental limitations on foreign investments in emerging market countries than are typically found in more developed markets. Companies in many emerging markets are not subject to the same degree of regulatory requirements, accounting standards or auditor oversight as companies in more developed countries, and as a result, information about the securities in which the Fund invests may be less reliable or complete. Moreover, emerging markets often have less reliable securities valuations and greater risks associated with custody of securities than developed markets. There may be significant obstacles to obtaining information necessary for investigations into or litigation against companies and shareholders may have limited legal remedies. The Fund is not actively managed and does not select investments based on investor protection considerations. In addition, emerging markets often have greater risk of capital controls through such measures as taxes or interest rate control than developed markets. Certain emerging market countries may also lack the infrastructure necessary
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BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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.
Municipal Bond Risk. Municipal securities risks include the possibility that the issuer may be unable to pay interest or repay principal on a timely basis or at all, the relative lack of information about certain issuers of municipal securities, and the possibility of future legislative changes which could affect the market for and value of municipal securities. In addition, state or local political or economic conditions and developments can adversely affect the securities issued by state and local governments. The value of the municipal securities owned by the Fund also may be adversely affected by future changes in U.S. federal, state or local tax laws.
Municipal Bond Market Liquidity Risk. From time to time, inventories of municipal securities held by brokers and dealers may decrease, lessening their ability to make a market in these securities. Any reduction in market making capacity has the potential to decrease the Fund’s ability to buy or sell municipal securities, and increase price volatility and trading costs, particularly during periods of economic or market stress. As a result, the Fund may be forced to accept a lower price to sell a municipal security, to sell other securities to raise cash, or to give up an investment opportunity, any of which could have a negative effect on performance.
Tax Risk. From time to time, the U.S. Government and the U.S. Congress consider changes in U.S. federal tax law that could limit or eliminate the U.S. federal income tax exemption for municipal bond income, which would in effect reduce the after-tax returns received by shareholders from the Fund by increasing taxes on distributions from the Fund. In such event, the Fund’s NAV could also decline as yields on municipal bonds, which are typically lower than those on taxable bonds, would be expected to increase to approximately the yield of comparable taxable bonds. Actions or anticipated actions affecting the tax-exempt status of municipal bonds could also result in significant shareholder redemptions of Fund shares as investors anticipate adverse effects on the Fund or seek higher yields to offset the potential loss of the tax deduction. As a result, the Fund would be required to maintain higher levels of cash to meet the redemptions, which would negatively affect the Fund’s yield.
Tax Aware Risk. Tax aware risk is the possibility that the use of investment practices that seek to maximize after tax return may not minimize tax consequences. Economic developments or unforeseeable investor redemptions may also reduce returns without any corresponding increase in tax efficiency.
Alternative Minimum Tax Risk. Although the interest received from municipal securities is generally exempt from federal income tax, the Fund may invest in municipal securities subject to the federal alternative minimum tax on individuals. For tax years beginning after December 31, 2022, interest on the bonds may affect the corporate alternative minimum tax for certain corporations. Accordingly, investment in the Fund could cause shareholders to be subject to the federal alternative minimum tax.
Interest Rate Risk. During periods of very low or negative interest rates, the Fund may be unable to maintain positive returns or pay dividends to Fund shareholders. Very low or negative interest rates may magnify interest rate risk. Changing interest rates, including rates that fall below zero, may have unpredictable effects on markets, result in heightened market volatility and detract from the Fund’s performance to the extent the Fund is exposed to such interest rates. Additionally, under certain market conditions in which interest rates are low and the market prices for portfolio securities have increased, the Fund may have a very low, or even negative yield. A low or negative yield would cause the Fund to lose money in certain conditions and over certain time periods. An increase in interest rates will generally cause the value of securities held by
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Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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, among others, 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.
241
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
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. An investment in the Fund will entail more costs and expenses than a direct investment in the Underlying Funds.
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.
Mortgage-Related and Asset-Backed Securities Risk. Mortgage-related and asset-backed securities represent interests in “pools” of mortgages or other assets, including consumer loans or receivables held in trust. These mortgage-related or asset-backed securities are subject to credit risk, interest rate risk, “prepayment risk” (the risk that borrowers will repay a loan more quickly in periods of falling interest rates) and “extension risk” (the risk that borrowers will repay a loan more slowly in periods of rising interest rates). If the Fund invests in mortgage-related or asset-backed securities that are subordinated to other interests in the same mortgage or asset pool, the Fund may only receive payments after the pool’s obligations to other investors have been satisfied. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool may limit substantially the pool’s ability to make payments of principal or interest to the Fund, reducing the values of those securities or in some cases rendering them worthless. Uniform Mortgage-Backed Securities, which generally align the characteristics of Fannie Mae and Freddie Mac certificates, are a recent innovation and the effect they may have on the market for mortgage-related securities is uncertain.
Collateralized Loan Obligations (“CLO”) Risk. The risks of investing in CLOs include both the economic risks of the underlying loans combined with the risks associated with the CLO structure governing the priority of payments. The degree of such risk will generally correspond to the specific tranche in which the Fund is invested. The Fund intends to invest primarily in the rated debt tranches of CLOs; however, any such ratings do not constitute a guarantee, may be downgraded, and in stressed market environments it is possible that even senior CLO tranches could experience losses due to actual defaults, increased sensitivity to defaults due to collateral default and the disappearance of the subordinated/equity tranches, market anticipation of defaults, as well as negative market sentiment with respect to CLO securities as an asset class. The Sub-Adviser may not be able to accurately predict how specific CLOs or the portfolio of underlying loans for such CLOs will react to changes or stresses in the market, including changes in interest rates. The most common risks associated with investing in CLOs are liquidity risk, interest rate risk, credit risk, prepayment risk, and the risk of default of the underlying asset, among others.
242
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2024 (Unaudited)
Commercial Mortgage-Backed Securities Risk (“CMBS”). CMBS are not backed by the full faith and credit of the U.S. government and are subject to risk of default on the underlying mortgages, particularly during periods of economic downturn. CMBS issued by non-agency issuers may offer higher yields than those issued by government entities, but also may be subject to greater volatility than government issues. CMBS are subject to a greater degree of prepayment and extension risk than many other forms of fixed-income securities and therefore react differently to changes in interest rates than other bonds, and the prices of CMBS may reflect adverse economic and market conditions.
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.
| 11. | NEW ACCOUNTING PRONOUNCEMENTS |
In June 2022, the FASB issued ASU 2022-03, “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions.” The ASU clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring the fair value. The amendments also require additional disclosures related to equity securities subject to contractual sale restrictions. The ASU is effective for fiscal years beginning after December 15, 2023 and interim periods within those fiscal years. Management is evaluating the implications of this guidance to future financial statements.
| 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.
243
Liquidity Risk Management Program (Unaudited)
Rule 22e-4 under the Investment Company Act of 1940 (the “Liquidity Rule”) excludes ETFs that qualify as “in-kind ETFs” from certain requirements. With the exception of In-Kind ETFs, the Investment Adviser, as the Trust’s Program Administrator, must classify each Fund’s portfolio investments (including derivative positions) into one of the four liquidity categories based on the number of days in which the Fund reasonably expects the investment would be convertible to cash (or sold or disposed of, but not necessarily settled) in current market conditions without significantly changing the market value of the investment, taking into account relevant market, trading and investment-specific considerations. Funds that meet the investment definition of an “in-kind ETF” are also not required to classify portfolio investments into the four liquidity categories or report classifications on Form N-PORT. All funds except TAXX have been operating on an in-kind basis, therefore are not classified and reported per the LRMP mentioned and detailed above.
The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is operating under a cash create and redeem process and therefore is subject to the BondBloxx ETF Trust Liquidity Risk Management Program (“LRMP”). Under the LRMP, the Trust’s Officers are responsible to provide oversight and monitoring of the Trust’s liquidity determinations and related matters. These responsibilities include: (i) regular communication with the Investment Adviser with respect to the implementation of its LRMP; (ii) Assisting the Investment Adviser with the reporting to the Board with respect to any Highly Liquid Investment Minimum (“HLIM”) Shortfall; (iii) Assisting the Investment Adviser with the reporting to the Board with respect to any Investments in Illiquid Investments in excess of 15% Limitation; (iv) Providing an annual report to the Board on the adequacy of the LRMP and the effectiveness of its implementation, including any material changes to the LRMP; and (v) Maintaining records as required under the Liquidity Rule. The key factors for consideration under the Liquidity Rule for assessing, managing and periodically reviewing the Fund’s liquidity risk, as follows:
a) The Fund’s investment strategy and liquidity of portfolio investments during both normal and reasonably foreseeable stressed conditions.
b) Short-term and long-term cash flow projections during both normal and reasonably foreseeable stressed conditions
c) Holdings of cash and cash equivalents, as well as any borrowing arrangements.
d) The relationship between an ETF’s portfolio liquidity and the way in which, and the prices and spreads at which, ETF shares trade, including the efficiency of the arbitrage function and the level of active participation by market participants, including authorized participants.
e) The effect of the composition of baskets on the overall liquidity of an ETF’s portfolio.
At a meeting held on May 23, 2024, the Investment Adviser delivered a quarterly liquidity report to the Board with respect to TAXX. The report noted that:
The Fund’s Highly Liquid Investment Minimum status continues to remain appropriate;
The Fund has not exceeded the 15% of total net assets Illiquid Investment minimum;
The Board should expect to receive the Trust and Adviser Annual Liquidity Risk Management Reports at an upcoming Board meeting; and
The Trust has maintained the records required (copies of Liquidity Risk Management Programs of the Trust and Advisers, material provided to the Board, Board determinations etc.) under the Liquidity Rule.
The report provided to the Board also noted that the LRMP is operating as intended and is effective in implementing the requirements of the Liquidity Rule.
244
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.
245
Board Approval and Renewal of Investment Advisory Agreements (Unaudited)
Under Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), the Trust’s Board of Trustees (the “Board”), including a majority of the Trustees who are not “interested persons” (as that term is defined in the 1940 Act) (the “Independent Trustees”) of BondBloxx ETF Trust (the “Trust,” and each series thereof, a “Fund”), is required to consider and approve the Investment Advisory Agreements between the Trust and BondBloxx Investment Management Corporation (the “Adviser”) (the “Advisory Agreements”) and any sub-advisory agreements with respect to the applicable Funds. In considering these agreements, the Board, including all of the Independent Trustees, assess the Adviser’s and a sub-adviser’s, as applicable, proposed services to the Funds, including investment management; oversight of the Funds’ service providers, as applicable; risk management and oversight; legal and compliance services; and ability to comply with applicable legal and regulatory requirements.
At a meeting held on November 13-14, 2023 (the “November Meeting”), the Trust’s Board, including a majority of the Independent Trustees, voted to approve the entering into of the Advisory Agreement with respect to the BondBloxx BBB Rated 1-5 Year Corporate Bond ETF, the BondBloxx BBB Rated 5-10 Year Corporate Bond ETF, and the BondBloxx BBB Rated 10+ Year Corporate Bond ETF (each, a “BBB Fund” and together, the “BBB Funds”) (the “BBB Funds Advisory Agreement”), as well as the BondBloxx Global Inflation-Linked Bond ETF (the “Inflation-Linked Fund”) (the “Inflation-Linked Fund Advisory Agreement”). In determining whether to approve the entering into of the BBB Funds Advisory Agreement and the Inflation-Linked Fund Advisory Agreement, the Adviser furnished information necessary for a majority of the Independent Trustees to make the determination that the entering into of the BBB Funds Advisory Agreement and the Inflation-Linked Advisory Agreement was in the best interests of the BBB Funds, the Inflation-Linked Fund and their respective shareholders. Prior to voting, the Independent Trustees reviewed the proposed entering into of the BBB Funds Advisory Agreement and the Inflation-Linked Advisory Agreement with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the proposed entering into of the BBB Funds Advisory Agreement and the Inflation-Linked Advisory Agreement.
Also at the November Meeting, the Trust’s Board, including a majority of the Independent Trustees, voted to approve the renewal of the Advisory Agreements for the BondBloxx Bloomberg Six Month Target Duration US Treasury ETF, the BondBloxx Bloomberg One Year Target Duration US Treasury ETF, the BondBloxx Bloomberg Two Year Target Duration US Treasury ETF, the BondBloxx Bloomberg Three Year Target Duration US Treasury ETF, the BondBloxx Bloomberg Five Year Target Duration US Treasury ETF, the BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF, the BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF, the BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (each, a “Treasury Fund” and collectively, the “Treasury Funds), the BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF, the BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF, the BondBloxx USD High Yield Bond Energy Sector ETF, the BondBloxx USD High Yield Bond Financial & REIT Sector ETF, the BondBloxx USD High Yield Bond Healthcare Sector ETF, the BondBloxx USD High Yield Bond Industrial Sector ETF, the BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF (each, a “Sector Fund” and collectively the “Sector Funds”), the BondBloxx BB Rated USD High Yield Corporate Bond ETF, the BondBloxx B Rated USD High Yield Corporate Bond ETF, the BondBloxx CCC Rated USD High Yield Corporate Bond ETF (each, a “High Yield Fund” and collectively, the “High Yield Funds”) and the BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (the “Emerging Markets Fund”) (collectively, the “Existing Advisory Agreements”). In determining whether to approve the renewal of the Existing Advisory Agreements, the Adviser furnished information necessary for a majority of the Independent Trustees to make the determination that the renewal of the Existing Advisory Agreements was in the best interests of the Treasury Funds, Sector Funds, High Yield Funds, and the Emerging Markets Fund and their respective shareholders. Prior to voting, the Independent Trustees reviewed the proposed renewal of the Existing Advisory Agreements with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the proposed renewal of the Existing Advisory Agreements.
At a meeting held on February 28, 2024 (the “February Meeting”), the Trust’s Board, including a majority of the Independent Trustees, voted to approve the entering into of the Advisory Agreement with respect to the BondBloxx IR+M Tax-Aware Short Duration ETF (the “Tax-Aware Short Duration Fund”) (the “Tax-Aware Fund Advisory Agreement”). In determining whether to approve the entering into of the Tax-Aware Fund Advisory Agreement, the Adviser furnished information necessary for a majority of the Independent Trustees to make the determination that the entering into of the Tax-Aware
246
BONDBLOXX ETF TRUST
Board Approval and Renewal of Investment Advisory Agreements (Unaudited) (Continued)
Fund Advisory Agreement was in the best interests of the Tax-Aware Short Duration Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the proposed entering into of the Tax-Aware Fund Advisory Agreement with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the proposed entering into of the Tax-Aware Fund Advisory Agreement.
In approving the BBB Funds Advisory Agreement, the Inflation-Linked Fund Advisory Agreement and the Tax-Aware Fund Advisory Agreement of the respective Funds (collectively, the “New Advisory Agreements”), the Board, including the Independent Trustees, considered various factors, including: (1) the nature, extent and quality of the services to be provided to the Funds by the Adviser; (2) the Adviser’s proposed compensation under the New Advisory Agreements; (3) the estimated expenses of the Funds; (4) the estimated costs of services to be provided to the Funds and the anticipated profits to be realized by the Adviser from its management of the Funds; (5) the potential for economies of scale and the sharing of any economies of scale with the Funds’ shareholders; (6) the fees paid by and services provided to comparable exchange-traded funds (“ETFs”); and (7) other potential benefits to the Adviser from its relationships with the Funds. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the New Advisory Agreements 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 Adviser under the New Advisory Agreements, the Board reviewed information provided by the Adviser relating to its operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of the Adviser’s personnel. The Board also took into account the systems and resources that the Adviser intended to devote to investment management, and legal and compliance services. In respect of the Tax-Aware Short Duration Fund, the Board noted that the Fund’s sub-adviser will be responsible for managing the day-to-day investment operations and the Adviser will be responsible for administering the Fund. Based on the foregoing, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to each Fund by the Adviser under the New Advisory Agreements.
Performance. The Board took into account that the Adviser does not currently manage any other accounts or funds with similar investment objectives and policies and does not operate any affiliated advisory entities. The Board took into consideration the professional experience and investment capabilities of the individual who is expected to serve as portfolio manager to each Fund. In addition, the Board considered the Adviser’s investment philosophy and portfolio construction process and the systems and tools the Adviser is expected to use in managing each Fund in accordance with such Fund’s respective investment objectives and investment strategies. Based on the foregoing, the Board concluded that the Adviser is qualified to manage each Fund’s assets in accordance with each Fund’s investment objectives and investment strategies.
Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation that each Fund is required to pay to the Adviser under the New Advisory Agreements and the estimated expense ratios of each Fund. The Board took into account that under the New Advisory Agreements, the Adviser is responsible for paying substantially all of each Fund’s operating expenses with some exceptions and that this expense structure effectively limits each Fund’s expenses to the level of its respective advisory fee. In addition, the Board took into account the expense ratios of comparable ETFs relative to the estimated expense ratios of each respective Fund. Based on the foregoing, the Board concluded that each Fund’s advisory fee is reasonable in view of the services to be received by each Fund from the 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 Adviser in connection with its provision of services to each Fund pursuant to the New Advisory Agreements. In particular, the Board took into account the Adviser’s expectations that during each Fund’s’ initial period of operations that each Fund is likely to operate below its breakeven levels and its profitability to the Adviser would likely be below levels anticipated by the Adviser in later years. The Board noted potential benefits to the Adviser that could accrue as a result of managing each Fund, including potential reputational benefits. Based upon the foregoing, the Board concluded that the Adviser’s anticipated profitability from its relationship with each Fund was reasonable.
247
BONDBLOXX ETF TRUST
Board Approval and Renewal of Investment Advisory Agreements (Unaudited) (Continued)
Potential Economies of Scale. The Board considered the initial levels of investor seed capital, as applicable, and the Adviser’s expectations concerning each Fund’s asset growth in the first year of operations and beyond. The Board noted the competitive environment in which each Fund will operate. The Board considered the effect of potential future asset growth on each Fund’s performance and expenses. The Board noted that if each Fund’s assets increase over time, then each Fund might realize other economies of scale to the extent its assets increase proportionally more than certain Fund operating expenses. Based on the foregoing, the Board concluded that the amount and structure of the proposed compensation to be paid by each Fund to the Adviser is appropriate.
In approving the renewal of the Existing Advisory Agreements the Board, including the Independent Trustees, considered various factors, including: (1) the nature, extent and quality of the services provided to the Funds by the Adviser; (2) the Adviser’s compensation under the Existing Advisory Agreements; (3) the expenses of the Funds; (4) the costs of services that are provided to the Funds and the profits realized by the Adviser from its management of the Funds; (5) economies of scale and the sharing of any economies of scale with the Funds’ shareholders; (6) the fees paid by and services provided to comparable high yield bond ETFs; and (7) other benefits to the Adviser from its relationships with the Funds. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the renewal of the Existing Advisory Agreements are discussed below.
Nature, Extent and Quality of Services Provided. In considering the nature, extent and quality of the services provided by the Adviser under the Existing Advisory Agreements, the Board reviewed information provided by the Adviser relating to its operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of the Adviser’s personnel. The Board also took into account the systems and resources that the Adviser has devoted to investment management, and legal and compliance services. Based on the foregoing, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to each Fund by the Adviser under the Existing Advisory Agreements.
Performance. The Board took into account that the Adviser does not currently manage any other accounts or funds with similar investment objectives and policies and does not operate any affiliated advisory entities and the challenges involved in developing a comparable peer group for the Funds in light of the unique characteristics of the Funds. The Board took into consideration the professional experience and investment capabilities of the individuals who serve as portfolio managers to each Fund. In addition, the Board considered the Adviser’s investment philosophy and portfolio construction process and the systems and tools the Adviser uses in managing each Fund in accordance with such Fund’s respective investment objectives and investment strategies. The Board noted the limited history of operations of the Funds and noted that it was important to provide each Fund’s portfolio management team sufficient time to establish a more significant performance history. Based on the foregoing, the Board concluded that the Adviser is qualified to manage each Fund’s assets in accordance with each Fund’s investment objectives and investment strategies.
Compensation and Expenses. The Board considered the compensation that each Fund is required to pay to the Adviser under the Existing Advisory Agreements and the expense ratios of each Fund. The Board took into account that under the Existing Advisory Agreements, the Adviser is responsible for paying substantially all of each Fund’s operating expenses with some exceptions and that this expense structure effectively limits each Fund’s expenses to the level of its respective advisory fee. In addition, the Board took into account the expense ratios of comparable high yield bond ETFs relative to the expense ratios of each Fund. Based on the foregoing, the Board concluded that each Fund’s advisory fee is reasonable in view of the services received by each Fund from the Adviser and the other factors considered.
Costs of Services, Profitability and Fall-out Benefits. The Board considered the cost of services provided and the profits realized by the Adviser in connection with its provision of services to each Fund pursuant to the Existing Advisory Agreements. In particular, the Board took into account each Fund’s limited history of operations and the Adviser’s expectations that during each Fund’s’ initial period of operations, each Fund is likely to operate below their breakeven levels and the Fund’s current profitability to the Adviser would likely be below levels anticipated by the Adviser in later years. The Board noted benefits to the Adviser that have accrued as a result of managing each Fund, including reputational benefits. Based upon the foregoing, the Board concluded that the Adviser’s profitability from its relationship with each Fund was reasonable.
248
BONDBLOXX ETF TRUST
Board Approval and Renewal of Investment Advisory Agreements (Unaudited) (Continued)
Economies of Scale. The Board noted the competitive environment in which each Fund operates. Given the Funds’ limited history of operations, the Board considered the effect of potential future asset growth on each Fund’s performance and expenses. The Board noted that if each Fund’s assets continue to increase over time, then each Fund might realize other economies of scale to the extent its assets increase proportionally more than certain Fund operating expenses. Based on the foregoing, the Board concluded that the amount and structure of the compensation currently being paid by each Fund to the Adviser is appropriate.
Conclusion. The Board, including the Independent Trustees, did not identify any single factor as controlling, and each Trustee may have attributed different weight to various factors. Based on a review of the factors described above, as well as such other factors as deemed appropriate by the Board, the Board, including a majority of the Independent Trustees, determined that the entering into of the New Advisory Agreements and the renewal of the Existing Advisory Agreements, including the compensation payable to the Adviser under the New Advisory Agreements and the Existing Advisory Agreements, is in the best interests of each Fund and their respective shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the entering into of the New Advisory Agreements for an initial two-year period and the renewal of the Existing Advisory Agreements for an additional one-year period.
Also at the February Meeting the Board, including a majority of the Independent Trustees, voted to approve the entering into of the Investment Sub-Advisory Agreement between the Adviser and Income Research + Management (“IR+M”) with respect to the Tax-Aware Short Duration Fund for an initial two-year period (the “Sub-Advisory Agreement”). In determining whether to approve the entering into of the Sub-Advisory Agreement, the Adviser and IR+M furnished information necessary for a majority of the Independent Trustees to make the determination that the entering into of the Sub-Advisory Agreement was in the best interests of the Tax-Aware Short Duration Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the proposed entering into of the Sub-Advisory Agreement with management and their independent legal counsel and received materials from such counsel discussing the legal standards for their consideration of the proposed entering into of the Sub- Advisory Agreement.
In approving the Sub-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 Tax-Aware Short Duration Fund by IR+M; (2) the Adviser’s and IR+M’s proposed compensation under the Sub-Advisory Agreement; (3) the estimated expenses of the Tax-Aware Short Duration Fund by IR+M; (4) the estimated costs of services to be provided to the Tax-Aware Short Duration Fund by IR+M and the anticipated profits to be realized by IR+M from its management of the Tax-Aware Short Duration Fund; (5) the potential for economies of scale and the sharing of any economies of scale with the Tax-Aware Short Duration Fund’s shareholders; (6) the fees paid by and services provided to comparable ETFs; and (7) other potential benefits to the Adviser and IR+M from its relationships with the Tax-Aware Short Duration 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 IR+M under the Sub-Advisory Agreement, the Board reviewed information provided by IR+M relating to its operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of IR+M’s personnel. The Board also took into account the systems and resources that IR+M intended to devote to investment management, and legal and compliance services. The Board noted that IR+M will be responsible for managing the day-to-day investment operations and the Adviser will be responsible for administering the Tax-Aware Short Duration Fund. 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 Tax-Aware Short Duration Fund by IR+M under the Sub-Advisory Agreement.
249
BONDBLOXX ETF TRUST
Board Approval and Renewal of Investment Advisory Agreements (Unaudited) (Continued)
Performance. The Board took into consideration the professional experience and investment capabilities of the individuals who are expected to serve as portfolio managers to the Tax-Aware Short Duration Fund. In addition, the Board considered IR+M’s investment philosophy and portfolio construction process and the systems and tools IR+M expected to use in managing the Tax-Aware Short Duration Fund in accordance with the Fund’s respective investment objectives and investment strategies. Based on the foregoing, the Board concluded that IR+M is qualified to manage the Tax-Aware Short Duration Fund’s assets in accordance with the Fund’s investment objective and investment strategies.
Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation payable to IR+M under the Sub-Advisory Agreement and the estimated expense ratio of the Tax-Aware Short Duration Fund. The Board took into account that under the Sub-Advisory Agreement IR+M will bear all expenses in connection with the performance of its services under the Sub-Advisory Agreement, excluding any Fund expenses as set forth in the Prospectus of the Fund. Based on the foregoing, the Board concluded that the Tax-Aware Short Duration Fund’s proposed compensation is reasonable in view of the services to be received by the Tax-Aware Short Duration Fund from IR+M 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 IR+M in connection with its provision of services to the Tax-Aware Short Duration Fund pursuant to the Sub-Advisory Agreement. The Board noted potential benefits to IR+M that could accrue as a result of managing the Tax-Aware Short Duration Fund, including potential reputational benefits. Based upon the foregoing, the Board concluded that IR+M’s anticipated profitability from its relationship with the Tax-Aware Short Duration Fund was reasonable.
Potential Economies of Scale. The Board considered the initial levels of investor seed capital and the Adviser’s and IR+M’s expectations concerning the Tax-Aware Short Duration Fund’s asset growth in the first year of operations and beyond. The Board noted the competitive environment in which the Tax-Aware Short Duration Fund will operate. The Board considered the effect of potential future asset growth on the Tax-Aware Short Duration Fund. The Board noted that if the Tax-Aware Short Duration Fund’s assets increase over time, the Fund might realize other economies of scale to the extent its assets increase proportionally more than certain Fund operating expenses. Based on the foregoing, the Board concluded that the amount and structure of the proposed compensation payable to IR+M is 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 the entering into of the Sub-Advisory Agreement, including the compensation payable to IR+M under the agreement, is in the best interests of the Tax-Aware Short Duration Fund and its respective shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the entering into of the Sub-Advisory Agreement for an initial two-year period.
250
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. Additional information about the Funds’ Trustees and officers may be found in this SAI, which is available without charge, upon request, by calling toll-free (800) 896-5089.
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, (62) | Trustee | 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 | 24 | None |
| David Lonergan (53) | 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) | 24 | Advisory Board Member, Make-A-Wish Greater Bay Area (since 2017) |
| Stephen Messinger (61) | 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) | 24 | Director, Ricochet Foundation (since 2018) |
| H. Michael Williams (63) | Trustee,Nominating and Governance Committee Chair | 2021-present | Retired; Educator, Director of Intercollegiate Athletics, University of California (2014-2018) | 24 | Member, Board of Visitors, University of California - Berkeley (since 2022); Director, The Spencer Foundation (since 2019) |
251
BONDBLOXX ETF TRUST
Board of Trustees and Executive Officers (Unaudited) (Continued)
| Name (Age) | Position(s) Held with the Fund | Term of Office and Length of Time Served | Principal Occupation(s) During the Past 5 Years | Number of Portfolios in the Fund Complex Overseen by the Trustee | Other Directorships Held by the Trustee |
| Joanna Gallegos (48) | Interested Trustee and Board Chair | 2021-present | Chief Operating Officer, BondBloxx Investment Management Corporation, since 2021; Head of Global ETF Strategy (2019-2021), Head of US ETFs (2017-2019) and Head of ETF Product Development (2013-2017), J.P. Morgan Asset Management; Managing Director/Director, BlackRock, Inc. (1999-2013) | 24 | None |
Officers
| Name (Age) | Position | Principal Occupation(s) During the Past 5 Years |
| Joanna Gallegos (48) | 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 (52) | 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(45) | Chief Compliance Officer, AML Compliance Officer | Senior Principal Consultant - Fund Chief Compliance Officer, ACA Global, LLC, since 2022; Chief Compliance Officer, ETF Managers Trust, since 2022; Chief Compliance Officer, Bitwise Funds Trust, since 2022; Chief Compliance Officer, Ashmore Funds (2017-2022); Chief Compliance Officer, Ashmore Investment Management (US) Corp. (2017-2022); Chief Compliance Officer, Ashmore Equities Investment Management (US) LLC) (2015-2017) |
The Board has concluded that, based on each Trustee’s experience, qualifications, attributes or skills on an individual basis and in combination with those of the other Trustees, each Trustee should serve as a Trustee of the Board. Among the attributes common to all Trustees are their ability to review critically, evaluate, question and discuss information provided to them, to interact effectively with the Funds’ investment adviser, other service providers, counsel and the independent registered public accounting firm, and to exercise effective business judgment in the performance of their duties as Trustees. A Trustee’s ability to perform his or her duties effectively may have been attained through the Trustee’s educational background or professional training; business, consulting, public service or academic positions; experience from service as a Board member of the Funds and the other funds in the Trust (and any predecessor funds), other investment funds, public companies, or non-profit entities or other organizations; and/or other life experiences. Also, set forth below is a brief discussion of the specific experience, qualifications, attributes or skills of each Trustee that led the Board to conclude that he or she should serve (or continue to serve) as a Trustee.
252
BONDBLOXX ETF TRUST
Board of Trustees and Executive Officers (Unaudited) (Continued)
Allan C. Eberhart. Allan C. Eberhart has been a Trustee of the Trust and Chair of the Nominating and Governance Committee since 2021. Mr. Eberhart has over 30 years of experience in financial education and consulting. He is a Professor of Finance and Founding Director, now Senior Associate Dean, of the Master of Science in Finance program at Georgetown University’s McDonough School of Business. He began teaching Finance at Georgetown University in 1989. He has published research on financial markets in leading journals such as the Journal of Finance, Review of Financial Studies, and the Journal of Accounting Research. He was previously a visiting professor at New York University’s Stern School of Business, and has consulted for firms such as Ashmore Group, Barclays, Goldman, Sachs, Standard and Poor’s, and T. Rowe Price. Mr. Eberhart has a Bachelor of Arts degree from Thomas More College, a Master of Arts degree from the University of Cincinnati, a PhD in Finance from the University of South Carolina, and an EdD in Higher Education Management from the University of Pennsylvania.
David A. Lonergan. David A. Lonergan has been a Trustee and Lead Independent Trustee of the Trust since 2021. Mr. Lonergan most recently served as Chief Investment Officer for Vista Capital Advisors in 2017, where he devised strategies and oversight for a corporate bond and credit derivatives portfolio. Mr. Lonergan retired as a Managing Director with BlackRock Inc. in 2014 after serving the firm and Barclays Global Investors (acquired by BlackRock in 2009) since 1994. When he retired he was serving as Global Co-Head of Securities Lending and Finance. Prior to that, he held several positions with the firm, including as Global Head of Securities Lending Strategy, Head of U.S. Cash Management, U.S. Liquidity Manager, and Cash Trader. In his role as Head of U.S. Cash Management, he oversaw the management of over $175B in short duration fixed income investments, including asset backed securities, over the counter and exchange traded derivatives, corporate bonds and various liquidity products. Mr. Lonergan currently serves as an Advisory Board Member with Make-A-Wish Greater Bay Area, after having served two terms as a Board Member, including terms as Board Chair, and Treasurer/Finance Committee Chair. Mr. Lonergan has a B.A. degree in Business Administration from California State University Sacramento, and an M.B.A. degree from the University of California at Davis.
Stephen A. Messinger. Stephen A. Messinger has been a Trustee of the Trust and Chair of the Audit Committee since 2021. Mr. Messinger has worked in the asset management industry for over 20 years and with ETF products specifically for more than 14 years. He has recently launched a start up business, Di Costa Partners, focused on advising managers and boards on the governance of registered funds. Prior to Di Costa, Mr. Messinger worked at the world’s largest global ETF sponsor — iShares, which is owned by BlackRock. He has held different roles in the ETF business culminating as the Executive Vice President of the registered iShares ETF complex, serving as the senior liaison with the US iShares ETFs board of trustees. In that role, he worked closely with the different teams that support the board and coordinated BlackRock’s varied interactions with the board. Prior to his most recent stint at BlackRock, Steve was a Managing Director at Beacon Consulting, where he focused on helping asset managers grow and develop ETF businesses. Mr. Messinger has a B.A. degree from Brown University, an M.I.A. from Columbia University, and an M.B.A. from The Wharton School at the University of Pennsylvania.
H. Michael Williams. H. Michael Williams has been a Trustee of the Trust since 2021. Mr. Williams is a Director of the Spencer Foundation, which makes grants to support research for areas of education. Mr. Williams is also a Member of University of California, Berkeley’s Board of Visitors. Mr. Williams previously was a Trustee, President and CEO of the Barclays Global Investors family of mutual funds. He was a Trustee of the U.C. Berkeley Foundation from 2007-2018 and was its Vice Chairman (2014-2015). He serves on numerous non-profit boards and is Co-Chair of the Executive Board of the College of Letters and Science at U.C. Berkeley. Mr. Williams was most recently the Director of Intercollegiate Athletics at the University of California, Berkeley. Previously, Mr. Williams was Vice Chairman of Capital Markets at Barclays Global Investors and a Vice President of Bank of America. Mr. Williams has an A.B. degree in Economics from the University of California, Berkeley and an M.B.A. degree in Finance from the UCLA Anderson School of Management.
Joanna Gallegos (Interested Trustee). Joanna Gallegos has served as the Chair of the Board of Trustees of the Trust since 2021. In addition, she has served as the President of the Trust since 2021. Ms. Gallegos is the Chief Operating Officer of BondBloxx Investment Management Corporation. In her role, she is responsible for overseeing the day-to-day operations of BIM and the Trust, including overseeing the Trust’s service providers. Ms. Gallegos is a global leader in ETF design, distribution and growth and has an extensive track record in launching new businesses, entering highly competitive markets, and building high performing teams across all phases of the ETF business, including distribution strategy, capital markets effectiveness, the strategic product lifecycle, and building financial enterprise systems. Ms. Gallegos has served in a variety of roles as an
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BONDBLOXX ETF TRUST
Board of Trustees and Executive Officers (Unaudited) (Continued)
inaugural member of the management team of the ETF business at J.P. Morgan Asset Management from 2013-2021, including Head of its U.S. ETF business and Head of Global ETF Strategy, where she led the firm’s efforts to design, develop, launch and manage a complete range of ETF products and helped JPM become a Top 10 Provider of ETFs, with over $65 billion in AUM. Prior to J.P. Morgan, she served in a variety of roles at BlackRock’s iShares division, including Senior Product Manager and Managing Director of the firm’s strategic initiatives group, from 1999 to 2013, where she was instrumental in planning, building and launching many of the industry’s largest and most liquid equity, fixed income and alternative ETFs. Ms. Gallegos holds a Bachelor of Science from Sonoma State University in Business Administration & Finance. She is named as inventor on a patent for Multi-Basket Structure for Exchange Traded Fund (ETF), developed during her time at BlackRock, and a System and Method for Dynamic Implementation of Exchange Traded Fund, developed during her time at J.P. Morgan. She holds the FINRA Series 7, 63 and 24 licenses and is a member of Women in ETFs.
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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
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This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.
BondBloxx Investment Management Corporation | bondbloxxetf.com | 800.896.5089
| (b) | Include a copy of each notice transmitted to stockholders in reliance on Rule 30e-3 under the Act (17 CFR 270.30e-3) that contains disclosures specified by paragraph (c)(3) of that rule. |
Not applicable.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
Not Applicable. This item is only required in an annual report on Form N-CSR.
ITEM 6. INVESTMENTS.
| (a) | A Schedule of Investments in securities of unaffiliated issuers as of the close of the Reporting Period is included as part of the report to shareholders filed under Item 1 of this Form N-CSR. |
| (b) | Not Applicable. |
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 8. Portfolio Managers of Closed-End Management Investment Companies.
Not Applicable.
ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANIES AND AFFILIATED PURCHASERS.
Not Applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
There have been no material changes to the procedures by which the shareholders may recommend nominees to the Registrant’s board of directors, where those changes were implemented after the Registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.
ITEM 11. CONTROLS AND PROCEDURES.
| (a) | The Registrant’s principal executive officer and principal financial officer, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Act (17 CFR 270.30a-3(c))) as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Exchange Act (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
| (b) | There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 13. EXHIBITS.
(a)(1) Not Applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BondBloxx ETF Trust | ||
| By: | /s/ Joanna Gallegos | |
| Joanna Gallegos | ||
| President - Principal Executive Officer | ||
| Date: | June 28, 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 | ||
| President - Principal Executive Officer | ||
| Date: | June 28, 2024 |
| BondBloxx ETF Trust | ||
| By: | /s/ Tony Kelly | |
| Tony Kelly | ||
| Treasurer - Principal Financial Officer | ||
| Date: | June 28, 2024 | |