BondBloxx Exceeds $2 Billion in Assets

BondBloxx Investment Management continues to grow at a rapid pace in a short time. The fixed income specialist has exceeded $2 billion in assets under management. The firm achieved this milestone shortly after reaching $1 billion in AUM in April.

BondBloxx was launched in October of 2021 to provide precision ETF exposure for fixed income investors. In February 2022, it launched its first ETFs: a suite of seven sector-specific high-yield bond funds. Now, BondBloxx offers 19 ETFs that span U.S. Treasuries, industry- and credit rating-specific high-yield bonds, and emerging markets bonds.

“BondBloxx is one of the more innovative providers of fixed income ETFs,” said VettaFi’s head of research Todd Rosenbluth. “They offer advisors and investors the opportunity to target duration with risk-off government bonds. In addition, they have a suite of credit quality focused high yield ETFs for those willing to take on additional risk for higher rewards.”