Key stats
About BondBloxx Private Credit CLO ETF
Home page
Inception date
Dec 2, 2024
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
US09789C6710
PCMM is an actively managed ETF that focuses on private credit collateralized loan obligations (CLOs). It primarily invests in loans to private companies, which may be U.S. or non-U.S. senior secured or subordinated corporate loans. Typically, the focus is on small to medium-sized private entities. Up to 20% can be allocated to broadly syndicated loans, high yield bonds, and other investments, but no more than 10% can be invested in a single CLO. While emphasizing investment-grade securities, the fund permits up to 25% in high-yield instruments and similarly allows up to 25% in non-U.S. dollar assets. Through active trading, PCMM aims to harness market opportunities, particularly during volatile times. The portfolio manager employs a comprehensive approach, combining top-down economic analysis with bottom-up research and quantitative modeling, and evaluates factors like expected returns, yield, and risk for dynamic trading decisions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized97.28%
Cash2.24%
Corporate0.48%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PCMM invests in bonds. The fund's major sectors are Securitized, with 97.28% stocks, and Corporate, with 0.48% of the basket. The assets are mostly located in the N/A region.
PCMM last dividends amounted to 0.29 USD. The month before, the issuer paid 0.31 USD in dividends, which shows a 8.40% decrease.
PCMM assets under management is 162.38 M USD. It's risen 5.23% over the last month.
PCMM fund flows account for 154.71 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PCMM pays dividends to its holders with the dividend yield of 7.18%. The last dividend (Sep 5, 2025) amounted to 0.29 USD. The dividends are paid monthly.
PCMM shares are issued by Bondbloxx Investment Management Corp. under the brand BondBloxx. The ETF was launched on Dec 2, 2024, and its management style is Active.
PCMM expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
PCMM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PCMM invests in bonds.
PCMM price has fallen by −0.69% over the last month, and its yearly performance shows a 0.40% increase. See more dynamics on PCMM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.59% over the last month, showed a 1.85% increase in three-month performance and has increased by 4.90% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.59% over the last month, showed a 1.85% increase in three-month performance and has increased by 4.90% in a year.
PCMM trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.