Key stats
About BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Home page
Inception date
Mar 13, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Bondbloxx Investment Management Corp.
Distributor
Foreside Fund Services LLC
ISIN
US09789C6637
TXXI targets delivering after-tax income while preserving capital through a diversified blend of US dollar-denominated fixed income assets, including municipal and taxable bonds. The fund allocates more than half its portfolio to municipal bonds with federal tax exemption, complemented by investments in government and corporate securities to ensure balanced exposure. Through assessment of credit quality and potential after-tax returns, it maintains a portfolio duration between 4 to 8 years to manage interest rate sensitivity. Tactical sales enhance tax outcomes, focusing on sustaining holding periods that mitigate tax impacts from short-term gains, while offsetting gains with losses to maximize tax efficiency. Additionally, the fund leverages diverse security types, aiming for an optimal blend of stability and return across different market environments.
Related funds
Classification
What's in the fund
Exposure type
Municipal
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TXXI assets under management is 13.71 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TXXI invests in bonds. See more details in our Analysis section.
TXXI expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TXXI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, TXXI pays dividends to its holders with the dividend yield of 3.85%.
TXXI shares are issued by Bondbloxx Investment Management Corp.
TXXI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 13, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.