|
BondBloxxSM ETF Trust Semi-Annual Report Core Financial Statements |
 |
April 30, 2025 (Unaudited)
BondBloxx USD High Yield Bond Industrial Sector ETF | XHYI | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | XHYT | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Healthcare Sector ETF | XHYH | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Financial & REIT Sector ETF | XHYF | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Energy Sector ETF | XHYE | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | XHYC | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | XHYD | NYSE Arca, Inc.
BondBloxx USD High Yield Bond Sector Rotation ETF | HYSA | NYSE Arca, Inc.
BondBloxx BB Rated USD High Yield Corporate Bond ETF | XBB | NYSE Arca, Inc.
BondBloxx B Rated USD High Yield Corporate Bond ETF | XB | NYSE Arca, Inc.
BondBloxx CCC Rated USD High Yield Corporate Bond ETF | XCCC | NYSE Arca, Inc.
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | BBBS | NYSE Arca, Inc.
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | BBBI | NYSE Arca, Inc.
BondBloxx BBB Rated 10+ Year Corporate Bond ETF | BBBL | NYSE Arca, Inc.
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, Inc.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF | XONE | NYSE Arca, Inc.
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | XTWO | NYSE Arca, Inc.
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | XTRE | NYSE Arca, Inc.
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | XFIV | NYSE Arca, Inc.
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | XSVN | NYSE Arca, Inc.
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | XTEN | NYSE Arca, Inc.
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | XTWY | NYSE Arca, Inc.
BondBloxx IR+M Tax-Aware Short Duration ETF | TAXX | NYSE Arca, Inc.
BondBloxx IR+M Tax-Aware Intermediate Duration ETF | TXXI | NYSE Arca, Inc.
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | TAXM | NYSE Arca, Inc.
BondBloxx Private Credit CLO ETF | PCMM | NASDAQ Stock Market LLC
BondBloxx Investment Management Corporation | bondbloxxetf.com | 800.896.5089
Table of Contents
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Industrial Sector ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| ADVERTISING – 0.7% | ||||||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | $ | 443,000 | $ | 394,813 | ||||||||
| AEROSPACE/DEFENSE – 8.8% | ||||||||||||||
| AAR Escrow Issuer LLC(1) | 6.75 | 03/15/29 | 90,000 | 92,215 | ||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 115,000 | 113,843 | ||||||||||
| Bombardier, Inc.(1) | 7.00 | 06/01/32 | 120,000 | 121,558 | ||||||||||
| Bombardier, Inc.(1) | 7.25 | 07/01/31 | 110,000 | 112,762 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 99,000 | 104,151 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 130,000 | 134,036 | ||||||||||
| Bombardier, Inc.(1) | 7.88 | 04/15/27 | 134,000 | 134,411 | ||||||||||
| Bombardier, Inc.(1) | 8.75 | 11/15/30 | 140,000 | 150,187 | ||||||||||
| Efesto Bidco SpA/Efesto US LLC(1) | 7.50 | 02/15/32 | 135,000 | 134,116 | ||||||||||
| F-Brasile SpA/F-Brasile US LLC(1) | 7.38 | 08/15/26 | 85,000 | 85,151 | ||||||||||
| Goat Holdco LLC(1) | 6.75 | 02/01/32 | 125,000 | 122,314 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 79,000 | 76,279 | ||||||||||
| Spirit AeroSystems, Inc. | 3.85 | 06/15/26 | 50,000 | 49,184 | ||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 125,000 | 120,974 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 151,000 | 160,880 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.75 | 11/15/30 | 200,000 | 221,631 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 199,000 | 191,637 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 125,000 | 120,780 | ||||||||||
| TransDigm, Inc. | 5.50 | 11/15/27 | 457,000 | 455,229 | ||||||||||
| TransDigm, Inc.(1) | 6.00 | 01/15/33 | 255,000 | 254,693 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 03/01/29 | 470,000 | 479,382 | ||||||||||
| TransDigm, Inc.(1) | 6.63 | 03/01/32 | 375,000 | 384,602 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 360,000 | 367,684 | ||||||||||
| TransDigm, Inc.(1) | 6.88 | 12/15/30 | 250,000 | 257,786 | ||||||||||
| TransDigm, Inc.(1) | 7.13 | 12/01/31 | 175,000 | 182,111 | ||||||||||
| Triumph Group, Inc.(1) | 9.00 | 03/15/28 | 165,000 | 173,292 | ||||||||||
| 4,800,888 | ||||||||||||||
| AIRLINES – 3.3% | ||||||||||||||
| Air Canada(1) | 3.88 | 08/15/26 | 202,000 | 198,373 | ||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 90,000 | 83,201 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 150,000 | 148,310 | ||||||||||
| American Airlines, Inc.(1) | 8.50 | 05/15/29 | 175,000 | 178,468 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 485,000 | 470,941 | ||||||||||
| JetBlue Airways Corp./JetBlue Loyalty LP(1) | 9.88 | 09/20/31 | 340,000 | 313,449 | ||||||||||
| OneSky Flight LLC(1) | 8.88 | 12/15/29 | 100,000 | 101,097 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 6.38 | 02/01/30 | 175,000 | 151,297 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 7.88 | 05/01/27 | 80,000 | 77,792 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 9.50 | 06/01/28 | 90,000 | 88,013 | ||||||||||
| 1,810,941 | ||||||||||||||
| APPAREL – 0.2% | ||||||||||||||
| S&S Holdings LLC(1) | 8.38 | 10/01/31 | 100,000 | 94,096 | ||||||||||
The accompanying notes are an integral part of these financial statements.
1
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Industrial Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO MANUFACTURERS – 0.5% | ||||||||||||||
| JB Poindexter & Co., Inc.(1) | 8.75 | 12/15/31 | $ | 105,000 | $ | 105,695 | ||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 119,000 | 115,017 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 65,000 | 54,820 | ||||||||||
| 275,532 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.3% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 109,000 | 75,464 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 60,000 | 58,801 | ||||||||||
| 134,265 | ||||||||||||||
| BUILDING MATERIALS – 8.6% | ||||||||||||||
| AmeriTex Hold Co. Intermediate LLC(1) | 10.25 | 10/15/28 | 95,000 | 97,982 | ||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 65,000 | 61,449 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 223,000 | 201,043 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 97,000 | 93,169 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 111,000 | 111,744 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 03/01/34 | 175,000 | 173,912 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 150,000 | 130,251 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 67,000 | 45,017 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 9.50 | 08/15/29 | 45,000 | 39,211 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 7.00 | 12/01/28 | 88,000 | 72,823 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.63 | 12/15/30 | 465,000 | 472,142 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.75 | 07/15/31 | 90,000 | 91,881 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 168,000 | 165,956 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 85,000 | 78,617 | ||||||||||
| JELD-WEN, Inc.(1) | 7.00 | 09/01/32 | 50,000 | 43,961 | ||||||||||
| Knife River Corp.(1) | 7.75 | 05/01/31 | 70,000 | 73,294 | ||||||||||
| Louisiana-Pacific Corp.(1) | 3.63 | 03/15/29 | 47,000 | 43,962 | ||||||||||
| Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(1) | 6.75 | 04/01/32 | 85,000 | 85,114 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 118,000 | 106,633 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 102,000 | 99,112 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 95,000 | 86,566 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.38 | 03/01/32 | 675,000 | 679,375 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.75 | 03/01/33 | 260,000 | 261,200 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 187,000 | 182,922 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 8.88 | 11/15/31 | 185,000 | 189,976 | ||||||||||
| Standard Building Solutions, Inc.(1) | 6.50 | 08/15/32 | 165,000 | 167,202 | ||||||||||
| Standard Industries, Inc./NY(1) | 3.38 | 01/15/31 | 197,000 | 174,150 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 280,000 | 261,413 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.75 | 01/15/28 | 158,000 | 154,771 | ||||||||||
| Standard Industries, Inc./NY(1) | 5.00 | 02/15/27 | 155,000 | 153,971 | ||||||||||
| Wilsonart LLC(1) | 11.00 | 08/15/32 | 85,000 | 77,052 | ||||||||||
| 4,675,871 | ||||||||||||||
| CHEMICALS – 12.7% | ||||||||||||||
| Ashland, Inc.(1) | 3.38 | 09/01/31 | 77,000 | 66,874 | ||||||||||
| Ashland, Inc. | 6.88 | 05/15/43 | 45,000 | 46,680 | ||||||||||
| Avient Corp.(1) | 6.25 | 11/01/31 | 110,000 | 108,916 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 120,000 | 122,463 | ||||||||||
| Axalta Coating Systems Dutch Holding B BV(1) | 7.25 | 02/15/31 | 90,000 | 93,305 | ||||||||||
The accompanying notes are an integral part of these financial statements.
2
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Industrial Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 12.7% (Continued) | ||||||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | $ | 117,000 | $ | 108,493 | ||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 80,000 | 79,066 | ||||||||||
| Celanese US Holdings LLC | 1.40 | 08/05/26 | 70,000 | 66,834 | ||||||||||
| Celanese US Holdings LLC | 6.42 | 07/15/27 | 252,000 | 254,269 | ||||||||||
| Celanese US Holdings LLC | 6.50 | 04/15/30 | 125,000 | 122,272 | ||||||||||
| Celanese US Holdings LLC | 6.58 | 07/15/29 | 130,000 | 131,277 | ||||||||||
| Celanese US Holdings LLC | 6.60 | 11/15/28 | 170,000 | 172,013 | ||||||||||
| Celanese US Holdings LLC | 6.63 | 07/15/32 | 180,000 | 177,086 | ||||||||||
| Celanese US Holdings LLC | 6.75 | 04/15/33 | 175,000 | 164,379 | ||||||||||
| Celanese US Holdings LLC | 6.80 | 11/15/30 | 165,000 | 165,100 | ||||||||||
| Celanese US Holdings LLC | 6.95 | 11/15/33 | 175,000 | 175,465 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 100,000 | 83,879 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 88,000 | 85,788 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 130,000 | 117,935 | ||||||||||
| Chemours Co.(1) | 8.00 | 01/15/33 | 105,000 | 94,729 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 90,000 | 87,073 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 140,000 | 132,493 | ||||||||||
| GPD Cos, Inc.(1) | 10.13 | 04/01/26 | 90,000 | 81,495 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 45,000 | 43,850 | ||||||||||
| HB Fuller Co. | 4.25 | 10/15/28 | 60,000 | 56,658 | ||||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 60,000 | 52,408 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 78,000 | 78,199 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 65,000 | 63,523 | ||||||||||
| INEOS Finance PLC(1) | 7.50 | 04/15/29 | 135,000 | 126,970 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 9.63 | 03/15/29 | 70,000 | 67,462 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 105,000 | 97,126 | ||||||||||
| Innophos Holdings, Inc.(1) | 11.50 | 06/15/29 | 75,000 | 75,937 | ||||||||||
| Mativ Holdings, Inc.(1) | 8.00 | 10/01/29 | 55,000 | 45,790 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 120,000 | 117,898 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 115,000 | 109,358 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 50,000 | 38,440 | ||||||||||
| Methanex US Operations, Inc.(1) | 6.25 | 03/15/32 | 105,000 | 99,532 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 60,000 | 57,972 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 101,000 | 95,552 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 183,000 | 181,083 | ||||||||||
| NOVA Chemicals Corp.(1) | 7.00 | 12/01/31 | 65,000 | 67,244 | ||||||||||
| NOVA Chemicals Corp.(1) | 8.50 | 11/15/28 | 65,000 | 68,586 | ||||||||||
| NOVA Chemicals Corp.(1) | 9.00 | 02/15/30 | 110,000 | 117,668 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 75,000 | 69,538 | ||||||||||
| OCI NV(1) | 6.70 | 03/16/33 | 110,000 | 120,134 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 80,000 | 75,224 | ||||||||||
| Olin Corp. | 5.63 | 08/01/29 | 117,000 | 113,637 | ||||||||||
| Olin Corp.(1) | 6.63 | 04/01/33 | 105,000 | 99,761 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 130,000 | 120,233 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 55,000 | 50,606 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.13 | 10/01/27 | 90,000 | 90,316 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.25 | 06/15/31 | 150,000 | 150,181 | ||||||||||
| Olympus Water US Holding Corp.(1) | 9.75 | 11/15/28 | 275,000 | 286,882 | ||||||||||
The accompanying notes are an integral part of these financial statements.
3
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Industrial Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 12.7% (Continued) | ||||||||||||||
| Rain Carbon, Inc.(1) | 12.25 | 09/01/29 | $ | 80,000 | $ | 81,434 | ||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 192,000 | 184,128 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 120,000 | 116,693 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 140,000 | 138,304 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 120,000 | 112,780 | ||||||||||
| SNF Group SACA(1) | 3.13 | 03/15/27 | 60,000 | 56,985 | ||||||||||
| SNF Group SACA(1) | 3.38 | 03/15/30 | 60,000 | 54,301 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 187,000 | 151,581 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 130,000 | 98,777 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 133,000 | 128,923 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 198,000 | 175,728 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 50,000 | 50,328 | ||||||||||
| 6,925,614 | ||||||||||||||
| COAL – 0.4% | ||||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.(1) | 8.63 | 06/15/29 | 65,000 | 67,165 | ||||||||||
| Coronado Finance Pty Ltd.(1) | 9.25 | 10/01/29 | 60,000 | 41,017 | ||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 89,000 | 81,857 | ||||||||||
| 190,039 | ||||||||||||||
| COMMERCIAL SERVICES – 14.0% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 186,000 | 175,783 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 115,000 | 108,636 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 70,000 | 69,259 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 6.13 | 10/15/26 | 128,000 | 127,621 | ||||||||||
| Albion Financing 2 Sarl(1) | 8.75 | 04/15/27 | 40,000 | 40,415 | ||||||||||
| Allied Universal Holdco LLC(1) | 7.88 | 02/15/31 | 415,000 | 424,294 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | 160,000 | 150,307 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 9.75 | 07/15/27 | 170,000 | 170,755 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 239,000 | 229,074 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 100,000 | 96,217 | ||||||||||
| Alta Equipment Group, Inc.(1) | 9.00 | 06/01/29 | 85,000 | 71,645 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 35,000 | 32,714 | ||||||||||
| APi Group DE, Inc.(1) | 4.75 | 10/15/29 | 64,000 | 60,248 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 4.75 | 04/01/28 | 85,000 | 79,162 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 97,000 | 89,382 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 75,000 | 72,820 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 60,000 | 58,364 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.00 | 02/15/31 | 85,000 | 84,530 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.25 | 01/15/30 | 125,000 | 124,844 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 101,000 | 99,512 | ||||||||||
| Brink’s Co.(1) | 6.50 | 06/15/29 | 70,000 | 71,393 | ||||||||||
| Brink’s Co.(1) | 6.75 | 06/15/32 | 65,000 | 66,604 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/29 | 90,000 | 94,955 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.00 | 03/15/33 | 115,000 | 113,682 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.63 | 05/15/32 | 75,000 | 76,663 | ||||||||||
| EquipmentShare.com, Inc.(1) | 9.00 | 05/15/28 | 180,000 | 183,430 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 85,000 | 83,624 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 80,000 | 74,960 | ||||||||||
The accompanying notes are an integral part of these financial statements.
4
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Industrial Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 14.0% (Continued) | ||||||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | $ | 90,000 | $ | 92,981 | ||||||||
| Garda World Security Corp.(1) | 8.25 | 08/01/32 | 90,000 | 88,541 | ||||||||||
| Garda World Security Corp.(1) | 8.38 | 11/15/32 | 175,000 | 172,797 | ||||||||||
| GEO Group, Inc. | 8.63 | 04/15/29 | 100,000 | 105,222 | ||||||||||
| GEO Group, Inc. | 10.25 | 04/15/31 | 115,000 | 125,769 | ||||||||||
| Graham Holdings Co.(1) | 5.75 | 06/01/26 | 70,000 | 70,235 | ||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | 70,000 | 66,058 | ||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 219,000 | 216,753 | ||||||||||
| Herc Holdings, Inc.(1) | 6.63 | 06/15/29 | 120,000 | 118,688 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 120,000 | 100,322 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 170,000 | 104,931 | ||||||||||
| Hertz Corp.(1) | 12.63 | 07/15/29 | 190,000 | 184,987 | ||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 70,000 | 67,796 | ||||||||||
| Matthews International Corp.(1) | 8.63 | 10/01/27 | 65,000 | 67,449 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 156,000 | 141,649 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 175,000 | 167,101 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 6.25 | 01/15/28 | 215,000 | 215,056 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 45,000 | 24,212 | ||||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 133,000 | 125,494 | ||||||||||
| Sotheby’s/Bidfair Holdings, Inc.(1) | 5.88 | 06/01/29 | 55,000 | 47,039 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 73,000 | 66,660 | ||||||||||
| TriNet Group, Inc.(1) | 7.13 | 08/15/31 | 80,000 | 81,496 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 124,000 | 110,691 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 150,000 | 144,987 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 172,000 | 157,230 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 138,000 | 128,705 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 280,000 | 276,265 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 125,000 | 123,765 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 76,000 | 75,915 | ||||||||||
| United Rentals North America, Inc.(1) | 6.13 | 03/15/34 | 195,000 | 197,347 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 97,000 | 85,040 | ||||||||||
| Veritiv Operating Co.(1) | 10.50 | 11/30/30 | 175,000 | 183,015 | ||||||||||
| VT Topco, Inc.(1) | 8.50 | 08/15/30 | 90,000 | 94,274 | ||||||||||
| Williams Scotsman, Inc.(1) | 4.63 | 08/15/28 | 80,000 | 77,015 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 06/15/29 | 95,000 | 96,373 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 04/15/30 | 90,000 | 91,724 | ||||||||||
| Williams Scotsman, Inc.(1) | 7.38 | 10/01/31 | 75,000 | 77,839 | ||||||||||
| WW International, Inc.(1) | 4.50 | 04/15/29 | 105,000 | 25,065 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 100,000 | 83,536 | ||||||||||
| 7,610,915 | ||||||||||||||
| COMPUTERS – 0.9% | ||||||||||||||
| Amentum Holdings, Inc.(1) | 7.25 | 08/01/32 | 175,000 | 178,174 | ||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 89,000 | 84,778 | ||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 94,000 | 86,530 | ||||||||||
| Crane NXT Co. | 4.20 | 03/15/48 | 60,000 | 35,611 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 40,000 | 37,961 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 60,000 | 58,390 | ||||||||||
| 481,444 | ||||||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DISTRIBUTION/WHOLESALE – 2.2% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | $ | 65,000 | $ | 60,066 | ||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 118,000 | 114,001 | ||||||||||
| BCPE Empire Holdings, Inc.(1) | 7.63 | 05/01/27 | 165,000 | 165,000 | ||||||||||
| Gates Corp./DE(1) | 6.88 | 07/01/29 | 95,000 | 96,509 | ||||||||||
| H&E Equipment Services, Inc.(1) | 3.88 | 12/15/28 | 210,000 | 209,336 | ||||||||||
| RB Global Holdings, Inc.(1) | 6.75 | 03/15/28 | 95,000 | 96,981 | ||||||||||
| RB Global Holdings, Inc.(1) | 7.75 | 03/15/31 | 140,000 | 146,963 | ||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 75,000 | 69,111 | ||||||||||
| Resideo Funding, Inc.(1) | 6.50 | 07/15/32 | 80,000 | 79,459 | ||||||||||
| Windsor Holdings III LLC(1) | 8.50 | 06/15/30 | 135,000 | 142,262 | ||||||||||
| 1,179,688 | ||||||||||||||
| ELECTRIC – 0.4% | ||||||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 130,000 | 127,793 | ||||||||||
| Pike Corp.(1) | 8.63 | 01/31/31 | 60,000 | 63,020 | ||||||||||
| 190,813 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.4% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 25,000 | 24,268 | ||||||||||
| EnerSys(1) | 6.63 | 01/15/32 | 75,000 | 76,667 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/29 | 160,000 | 162,314 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/33 | 135,000 | 136,696 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.63 | 03/15/32 | 145,000 | 147,678 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 225,000 | 228,184 | ||||||||||
| 775,807 | ||||||||||||||
| ELECTRONICS – 0.7% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 68,000 | 60,409 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 340,000 | 325,108 | ||||||||||
| 385,517 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 2.6% | ||||||||||||||
| AECOM | 5.13 | 03/15/27 | 172,000 | 171,774 | ||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 65,000 | 61,171 | ||||||||||
| Arcosa, Inc.(1) | 6.88 | 08/15/32 | 105,000 | 107,093 | ||||||||||
| Artera Services LLC(1) | 8.50 | 02/15/31 | 100,000 | 94,995 | ||||||||||
| Brand Industrial Services, Inc.(1) | 10.38 | 08/01/30 | 245,000 | 233,038 | ||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 7.50 | 02/01/32 | 75,000 | 73,263 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 90,000 | 84,857 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 100,000 | 96,991 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 70,000 | 66,647 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 7.50 | 04/15/32 | 49,000 | 48,122 | ||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 55,000 | 50,266 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 52,000 | 52,147 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 65,000 | 60,485 | ||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 85,000 | 76,569 | ||||||||||
| Tutor Perini Corp.(1) | 11.88 | 04/30/29 | 60,000 | 64,810 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 65,000 | 60,858 | ||||||||||
| 1,403,086 | ||||||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENVIRONMENTAL CONTROL – 2.8% | ||||||||||||||
| Clean Harbors, Inc.(1) | 4.88 | 07/15/27 | $ | 100,000 | $ | 98,578 | ||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 45,000 | 44,231 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 90,000 | 91,756 | ||||||||||
| Enviri Corp.(1) | 5.75 | 07/31/27 | 85,000 | 82,011 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 120,000 | 114,422 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 122,000 | 116,583 | ||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | 128,000 | 124,322 | ||||||||||
| GFL Environmental, Inc.(1) | 6.75 | 01/15/31 | 170,000 | 176,928 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 125,000 | 119,461 | ||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | 171,000 | 161,937 | ||||||||||
| Reworld Holding Corp.(1) | 4.88 | 12/01/29 | 130,000 | 121,604 | ||||||||||
| Reworld Holding Corp. | 5.00 | 09/01/30 | 63,000 | 57,990 | ||||||||||
| Waste Pro USA, Inc.(1) | 7.00 | 02/01/33 | 145,000 | 148,303 | ||||||||||
| Wrangler Holdco Corp.(1) | 6.63 | 04/01/32 | 65,000 | 66,791 | ||||||||||
| 1,524,917 | ||||||||||||||
| FOOD SERVICE – 0.7% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 196,000 | 193,057 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 70,000 | 70,083 | ||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 114,000 | 114,516 | ||||||||||
| 377,656 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.6% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 55,000 | 51,401 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 105,000 | 88,090 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 155,000 | 127,699 | ||||||||||
| Mercer International, Inc.(1) | 12.88 | 10/01/28 | 65,000 | 66,498 | ||||||||||
| 333,688 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Werner FinCo LP/Werner FinCo, Inc.(1) | 11.50 | 06/15/28 | 70,000 | 72,891 | ||||||||||
| HOLDING COMPANIES-DIVERS – 0.6% | ||||||||||||||
| Clue Opco LLC(1) | 9.50 | 10/15/31 | 130,000 | 124,366 | ||||||||||
| Stena International SA(1) | 7.25 | 01/15/31 | 130,000 | 128,450 | ||||||||||
| Stena International SA(1) | 7.63 | 02/15/31 | 85,000 | 85,622 | ||||||||||
| 338,438 | ||||||||||||||
| HOME BUILDERS – 4.3% | ||||||||||||||
| Adams Homes, Inc.(1) | 9.25 | 10/15/28 | 70,000 | 70,413 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 36,000 | 33,345 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 95,000 | 87,181 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 6.63 | 01/15/28 | 50,000 | 49,955 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 60,000 | 58,672 | ||||||||||
| Beazer Homes USA, Inc. | 7.25 | 10/15/29 | 84,000 | 81,670 | ||||||||||
| Beazer Homes USA, Inc.(1) | 7.50 | 03/15/31 | 25,000 | 24,186 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 85,000 | 74,106 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 5.00 | 06/15/29 | 60,000 | 53,491 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 100,000 | 98,145 | ||||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 90,000 | 80,374 | ||||||||||
| Century Communities, Inc. | 6.75 | 06/01/27 | 78,000 | 78,082 | ||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOME BUILDERS – 4.3% (Continued) | ||||||||||||||
| Dream Finders Homes, Inc.(1) | 8.25 | 08/15/28 | $ | 50,000 | $ | 51,386 | ||||||||
| Empire Communities Corp.(1) | 9.75 | 05/01/29 | 85,000 | 83,041 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 47,000 | 46,238 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 11.75 | 09/30/29 | 70,000 | 74,250 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 58,000 | 52,324 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 70,000 | 67,629 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 44,000 | 45,142 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 47,000 | 48,169 | ||||||||||
| Landsea Homes Corp.(1) | 8.88 | 04/01/29 | 40,000 | 37,902 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 27,000 | 23,523 | ||||||||||
| LGI Homes, Inc.(1) | 7.00 | 11/15/32 | 70,000 | 64,681 | ||||||||||
| LGI Homes, Inc.(1) | 8.75 | 12/15/28 | 95,000 | 95,991 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 50,000 | 45,440 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 65,000 | 63,641 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 132,000 | 120,883 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 60,000 | 58,337 | ||||||||||
| New Home Co., Inc.(1) | 9.25 | 10/01/29 | 60,000 | 61,987 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 66,000 | 64,126 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 60,000 | 56,797 | ||||||||||
| STL Holding Co. LLC(1) | 8.75 | 02/15/29 | 40,000 | 40,671 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 83,000 | 80,495 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 78,000 | 78,105 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 80,000 | 80,462 | ||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 80,000 | 79,736 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 30,000 | 30,013 | ||||||||||
| 2,340,589 | ||||||||||||||
| IRON/STEEL – 4.7% | ||||||||||||||
| Algoma Steel, Inc.(1) | 9.13 | 04/15/29 | 55,000 | 46,433 | ||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 72,000 | 68,860 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 55,000 | 52,101 | ||||||||||
| ATI, Inc. | 5.88 | 12/01/27 | 50,000 | 49,928 | ||||||||||
| ATI, Inc. | 7.25 | 08/15/30 | 65,000 | 67,667 | ||||||||||
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP(1) | 8.75 | 07/15/26 | 95,000 | 83,579 | ||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 120,000 | 120,860 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 50,000 | 50,085 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 75,000 | 77,258 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 55,000 | 50,403 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 55,000 | 47,242 | ||||||||||
| Cleveland-Cliffs, Inc. | 5.88 | 06/01/27 | 105,000 | 103,692 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 150,000 | 144,629 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.88 | 11/01/29 | 150,000 | 145,452 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.00 | 03/15/32 | 230,000 | 216,369 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.38 | 05/01/33 | 155,000 | 145,822 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.50 | 09/15/31 | 145,000 | 140,448 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 65,000 | 58,331 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 44,000 | 41,410 | ||||||||||
| Commercial Metals Co. | 4.38 | 03/15/32 | 45,000 | 40,941 | ||||||||||
| Infrabuild Australia Pty Ltd.(1) | 14.50 | 11/15/28 | 105,000 | 110,276 | ||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| IRON/STEEL – 4.7% (Continued) | ||||||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | $ | 105,000 | $ | 99,860 | ||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 120,000 | 116,811 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 102,000 | 92,766 | ||||||||||
| Mineral Resources Ltd.(1) | 9.25 | 10/01/28 | 200,000 | 189,393 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 62,000 | 57,454 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 60,000 | 58,335 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 76,000 | 76,341 | ||||||||||
| 2,552,746 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.7% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | 65,000 | 62,502 | ||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 70,000 | 66,744 | ||||||||||
| Manitowoc Co., Inc.(1) | 9.25 | 10/01/31 | 45,000 | 45,675 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 105,000 | 100,540 | ||||||||||
| Terex Corp.(1) | 6.25 | 10/15/32 | 130,000 | 124,556 | ||||||||||
| 400,017 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 2.6% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 55,000 | 51,086 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 258,000 | 267,995 | ||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 82,000 | 87,463 | ||||||||||
| Esab Corp.(1) | 6.25 | 04/15/29 | 115,000 | 116,826 | ||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/23/29 | 85,000 | 50,299 | ||||||||||
| GrafTech Global Enterprises, Inc.(1) | 9.88 | 12/23/29 | 75,000 | 56,625 | ||||||||||
| Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC(1) | 9.00 | 02/15/29 | 170,000 | 172,785 | ||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 11.50 | 09/01/28 | 95,000 | 93,931 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 73,000 | 68,613 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 88,000 | 88,841 | ||||||||||
| TK Elevator Holdco GmbH(1) | 7.63 | 07/15/28 | 75,000 | 75,197 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 260,000 | 256,271 | ||||||||||
| 1,385,932 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.8% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 85,000 | 84,136 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 55,000 | 55,903 | ||||||||||
| Park-Ohio Industries, Inc. | 6.63 | 04/15/27 | 60,000 | 58,058 | ||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 90,000 | 85,487 | ||||||||||
| Vallourec SACA(1) | 7.50 | 04/15/32 | 140,000 | 145,121 | ||||||||||
| 428,705 | ||||||||||||||
| MINING – 5.5% | ||||||||||||||
| Alcoa Nederland Holding BV(1) | 4.13 | 03/31/29 | 80,000 | 74,410 | ||||||||||
| Alcoa Nederland Holding BV(1) | 7.13 | 03/15/31 | 135,000 | 139,232 | ||||||||||
| Alumina Pty Ltd.(1) | 6.13 | 03/15/30 | 80,000 | 79,420 | ||||||||||
| Alumina Pty Ltd.(1) | 6.38 | 09/15/32 | 85,000 | 82,839 | ||||||||||
| Arsenal AIC Parent LLC(1) | 8.00 | 10/01/30 | 125,000 | 129,577 | ||||||||||
| Arsenal AIC Parent LLC(1) | 11.50 | 10/01/31 | 80,000 | 87,940 | ||||||||||
| Century Aluminum Co.(1) | 7.50 | 04/01/28 | 45,000 | 45,402 | ||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 63,000 | 59,830 | ||||||||||
| Compass Minerals International, Inc.(1) | 6.75 | 12/01/27 | 79,000 | 78,151 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 80,000 | 73,599 | ||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MINING – 5.5% (Continued) | ||||||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | $ | 75,000 | $ | 73,872 | ||||||||
| Constellium SE(1) | 6.38 | 08/15/32 | 45,000 | 44,333 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 88,000 | 86,831 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.38 | 04/01/31 | 230,000 | 208,385 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.50 | 09/15/27 | 105,000 | 102,523 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.88 | 04/15/30 | 120,000 | 118,774 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 6.13 | 04/15/32 | 155,000 | 152,899 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 88,000 | 88,305 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 90,000 | 89,698 | ||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 73,000 | 72,387 | ||||||||||
| JW Aluminum Continuous Cast Co.(1) | 10.25 | 04/01/30 | 60,000 | 58,391 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 91,000 | 81,856 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 90,000 | 86,697 | ||||||||||
| New Gold, Inc.(1) | 6.88 | 04/01/32 | 70,000 | 71,669 | ||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 135,000 | 131,067 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 117,000 | 101,094 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 268,000 | 249,483 | ||||||||||
| Novelis Corp.(1) | 6.88 | 01/30/30 | 140,000 | 142,166 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 7.50 | 04/26/29 | 60,000 | 62,325 | ||||||||||
| Taseko Mines Ltd.(1) | 8.25 | 05/01/30 | 85,000 | 85,931 | ||||||||||
| 2,959,086 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 2.2% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 60,000 | 56,770 | ||||||||||
| Amsted Industries, Inc.(1) | 6.38 | 03/15/33 | 95,000 | 95,518 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.13 | 03/15/30 | 175,000 | 178,483 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.25 | 03/15/33 | 130,000 | 132,825 | ||||||||||
| Calderys Financing LLC(1) | 11.25 | 06/01/28 | 90,000 | 95,201 | ||||||||||
| Enpro, Inc. | 5.75 | 10/15/26 | 50,000 | 49,949 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 108,000 | 95,692 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 107,000 | 94,834 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 50,000 | 43,458 | ||||||||||
| Hillenbrand, Inc. | 5.00 | 09/15/26 | 80,000 | 78,899 | ||||||||||
| Hillenbrand, Inc. | 6.25 | 02/15/29 | 84,000 | 83,614 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 85,000 | 79,660 | ||||||||||
| Trinity Industries, Inc.(1) | 7.75 | 07/15/28 | 100,000 | 103,173 | ||||||||||
| 1,188,076 | ||||||||||||||
| OFFICE FURNISHINGS – 0.2% | ||||||||||||||
| Interface, Inc.(1) | 5.50 | 12/01/28 | 47,000 | 45,928 | ||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 78,000 | 74,213 | ||||||||||
| 120,141 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 65,000 | 64,859 | ||||||||||
| Pitney Bowes, Inc.(1) | 7.25 | 03/15/29 | 55,000 | 54,745 | ||||||||||
| 119,604 | ||||||||||||||
| PACKAGING & CONTAINERS – 9.0% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 90,000 | 82,354 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 180,000 | 156,884 | ||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 9.0% (Continued) | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | $ | 120,000 | $ | 119,693 | ||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 4.13 | 08/15/26 | 200,000 | 176,724 | ||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 225,000 | 199,405 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 145,000 | 126,781 | ||||||||||
| Ball Corp. | 6.00 | 06/15/29 | 170,000 | 173,680 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 130,000 | 133,265 | ||||||||||
| Berry Global, Inc.(1) | 5.63 | 07/15/27 | 95,000 | 94,974 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 80,000 | 78,061 | ||||||||||
| Clearwater Paper Corp.(1) | 4.75 | 08/15/28 | 40,000 | 37,232 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 85,000 | 85,722 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.75 | 04/15/32 | 250,000 | 255,829 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.88 | 01/15/30 | 85,000 | 86,470 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 181,000 | 186,657 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 74,000 | 73,914 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp. V | 4.25 | 09/30/26 | 50,000 | 49,344 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 85,000 | 87,492 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 89,000 | 87,125 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 75,000 | 70,845 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/01/29 | 55,000 | 51,190 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 70,000 | 64,405 | ||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | 47,000 | 46,267 | ||||||||||
| Graphic Packaging International LLC(1) | 6.38 | 07/15/32 | 90,000 | 90,555 | ||||||||||
| Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC(1) | 6.00 | 09/15/28 | 140,000 | 139,172 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 60,000 | 53,109 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 04/15/27 | 455,000 | 456,770 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 235,000 | 215,829 | ||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 65,000 | 60,247 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 105,000 | 104,861 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.25 | 05/15/31 | 125,000 | 124,287 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.38 | 06/01/32 | 45,000 | 43,968 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 70,000 | 67,604 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 70,000 | 68,153 | ||||||||||
| Sealed Air Corp.(1) | 6.50 | 07/15/32 | 70,000 | 71,253 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 75,000 | 77,912 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 132,000 | 133,090 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 7.25 | 02/15/31 | 70,000 | 72,982 | ||||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 100,000 | 96,149 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 12.75 | 12/31/28 | 105,000 | 110,281 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 63,000 | 59,007 | ||||||||||
| Trivium Packaging Finance BV(1) | 5.50 | 08/15/26 | 176,000 | 174,441 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.50 | 08/15/27 | 130,000 | 128,665 | ||||||||||
| 4,872,648 | ||||||||||||||
| REAL ESTATE – 0.2% | ||||||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 140,000 | 132,624 | ||||||||||
| RETAIL – 2.2% | ||||||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.13 | 05/15/29 | 57,000 | 57,531 | ||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 42,000 | 39,985 | ||||||||||
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,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 2.2% (Continued) | ||||||||||||||
| Foundation Building Materials, Inc.(1) | 6.00 | 03/01/29 | $ | 73,000 | $ | 61,616 | ||||||||
| GYP Holdings III Corp.(1) | 4.63 | 05/01/29 | 60,000 | 56,487 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 120,000 | 105,294 | ||||||||||
| Park River Holdings, Inc.(1) | 5.63 | 02/01/29 | 80,000 | 62,679 | ||||||||||
| Park River Holdings, Inc.(1) | 6.75 | 08/01/29 | 35,000 | 27,713 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 50,000 | 47,013 | ||||||||||
| Patrick Industries, Inc.(1) | 6.38 | 11/01/32 | 90,000 | 87,467 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 7.75 | 10/15/29 | 90,000 | 84,692 | ||||||||||
| Staples, Inc.(1) | 10.75 | 09/01/29 | 420,000 | 365,994 | ||||||||||
| Staples, Inc.(1) | 12.75 | 01/15/30 | 145,000 | 85,067 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 116,000 | 113,150 | ||||||||||
| 1,194,688 | ||||||||||||||
| SOFTWARE – 0.9% | ||||||||||||||
| Camelot Finance SA(1) | 4.50 | 11/01/26 | 120,000 | 118,349 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 165,000 | 155,850 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 150,000 | 136,555 | ||||||||||
| Dun & Bradstreet Corp.(1) | 5.00 | 12/15/29 | 78,000 | 77,917 | ||||||||||
| 488,671 | ||||||||||||||
| TRANSPORTATION – 2.0% | ||||||||||||||
| Brightline East LLC(1) | 11.00 | 01/31/30 | 185,000 | 150,975 | ||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 47,000 | 38,808 | ||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 35,000 | 35,485 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 110,000 | 101,820 | ||||||||||
| Genesee & Wyoming, Inc.(1) | 6.25 | 04/15/32 | 125,000 | 126,806 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 145,000 | 135,003 | ||||||||||
| RXO, Inc.(1) | 7.50 | 11/15/27 | 65,000 | 66,164 | ||||||||||
| Stonepeak Nile Parent LLC(1) | 7.25 | 03/15/32 | 80,000 | 81,301 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 7.13 | 08/01/32 | 125,000 | 124,850 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 50,000 | 50,712 | ||||||||||
| XPO, Inc.(1) | 7.13 | 06/01/31 | 80,000 | 81,975 | ||||||||||
| XPO, Inc.(1) | 7.13 | 02/01/32 | 100,000 | 102,549 | ||||||||||
| 1,096,448 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $54,249,485) | 53,256,894 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.2% | ||||||||||||||
| TIME DEPOSITS – 1.2% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | 667,238 | 667,238 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $667,238) | 667,238 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $54,916,723) | $ | 53,924,132 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 420,854 | |||||||||||||
| NET ASSETS – 100.0% | $ | 54,344,986 | ||||||||||||
| (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, 2025, amounts to $45,094,850 and represents 83.0% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
12
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Telecom, Media & Technology Sector ETF
Portfolio of
Investments
April 30, 2025 (Unaudited)
| Shares | Value | |||||||
| COMMON STOCKS – 0.0% | ||||||||
| MEDIA – 0.0% | ||||||||
| Beasley Broadcast Group, Inc. Class A* | 24 | $ | 130 | |||||
| TOTAL COMMON STOCKS (Cost - $297) | 130 | |||||||
| Rate (%) | Maturity | Face Amount |
||||||||||||
| CORPORATE BONDS – 97.1% | ||||||||||||||
| ADVERTISING – 3.3% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 180,000 | 145,119 | |||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 5.13 | 08/15/27 | 364,000 | 354,267 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | 305,000 | 250,318 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 304,000 | 252,556 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.88 | 04/01/30 | 255,000 | 255,370 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 9.00 | 09/15/28 | 230,000 | 238,307 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 06/18/29 | 177,000 | 155,317 | ||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | 167,000 | 151,071 | ||||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 185,000 | 176,662 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 160,000 | 149,655 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 120,000 | 116,621 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 327,000 | 308,969 | ||||||||||
| 2,554,232 | ||||||||||||||
| COMMERCIAL SERVICES – 1.4% | ||||||||||||||
| Cimpress PLC(1) | 7.38 | 09/15/32 | 160,000 | 146,188 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 145,000 | 133,308 | ||||||||||
| Deluxe Corp.(1) | 8.13 | 09/15/29 | 130,000 | 130,337 | ||||||||||
| OT Midco, Inc.(1) | 10.00 | 02/15/30 | 195,000 | 159,148 | ||||||||||
| RR Donnelley & Sons Co.(1) | 9.50 | 08/01/29 | 315,000 | 300,279 | ||||||||||
| RR Donnelley & Sons Co.(1) | 10.88 | 08/01/29 | 143,000 | 135,867 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 105,000 | 101,371 | ||||||||||
| 1,106,498 | ||||||||||||||
| COMPUTERS – 4.1% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 122,000 | 118,138 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 220,000 | 204,285 | ||||||||||
| Fortress Intermediate 3, Inc.(1) | 7.50 | 06/01/31 | 220,000 | 225,165 | ||||||||||
| Insight Enterprises, Inc.(1) | 6.63 | 05/15/32 | 145,000 | 147,271 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 598,000 | 517,164 | ||||||||||
| NCR Atleos Corp.(1) | 9.50 | 04/01/29 | 414,000 | 445,803 | ||||||||||
| NCR Voyix Corp.(1) | 5.00 | 10/01/28 | 200,000 | 194,067 | ||||||||||
| NCR Voyix Corp.(1) | 5.13 | 04/15/29 | 117,000 | 112,669 | ||||||||||
| Seagate HDD Cayman | 4.09 | 06/01/29 | 140,000 | 133,043 | ||||||||||
| Seagate HDD Cayman | 4.88 | 06/01/27 | 145,000 | 143,647 | ||||||||||
| Seagate HDD Cayman | 5.75 | 12/01/34 | 150,000 | 144,889 | ||||||||||
| Seagate HDD Cayman | 8.25 | 12/15/29 | 154,000 | 165,304 | ||||||||||
| Seagate HDD Cayman | 8.50 | 07/15/31 | 145,000 | 155,259 | ||||||||||
| Seagate HDD Cayman | 9.63 | 12/01/32 | 222,800 | 251,676 | ||||||||||
| Unisys Corp.(1) | 6.88 | 11/01/27 | 150,000 | 144,580 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 107,000 | 102,155 | ||||||||||
| 3,205,115 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
13
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Telecom, Media & Technology Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRONICS – 1.7% | ||||||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | $ | 292,000 | $ | 279,957 | ||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 283,000 | 260,745 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 155,000 | 151,055 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 215,000 | 188,251 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 140,000 | 129,247 | ||||||||||
| Sensata Technologies, Inc.(1) | 6.63 | 07/15/32 | 155,000 | 153,732 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 145,000 | 134,941 | ||||||||||
| 1,297,928 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.5% | ||||||||||||||
| ATP Tower Holdings/Andean Telecom Partners Chile SpA/Andean Tower Partners Colombia SAS(1) | 7.88 | 02/03/30 | 145,000 | 144,941 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.50 | 06/04/29 | 260,000 | 261,314 | ||||||||||
| 406,255 | ||||||||||||||
| ENTERTAINMENT – 0.5% | ||||||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 195,000 | 59,475 | ||||||||||
| Banijay Entertainment SAS(1) | 8.13 | 05/01/29 | 125,000 | 128,234 | ||||||||||
| Lions Gate Capital Holdings 1, Inc.(1) | 5.50 | 04/15/29 | 120,000 | 108,600 | ||||||||||
| Lions Gate Capital Holdings LLC(1) | 5.50 | 04/15/29 | 97,000 | 74,526 | ||||||||||
| 370,835 | ||||||||||||||
| INTERNET – 5.7% | ||||||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 145,000 | 132,293 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 290,000 | 272,993 | ||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 145,000 | 130,009 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 140,000 | 132,408 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 125,000 | 115,890 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 125,000 | 122,914 | ||||||||||
| Cogent Communications Group LLC(1) | 3.50 | 05/01/26 | 151,000 | 148,263 | ||||||||||
| Cogent Communications Group LLC(1) | 7.00 | 06/15/27 | 140,000 | 140,811 | ||||||||||
| Cogent Communications Group, Inc./Cogent Communications Finance, Inc.(1) | 7.00 | 06/15/27 | 90,000 | 90,375 | ||||||||||
| Gen Digital, Inc.(1) | 6.25 | 04/01/33 | 280,000 | 279,945 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 260,000 | 264,508 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 185,000 | 190,682 | ||||||||||
| Getty Images, Inc.(1) | 9.75 | 03/01/27 | 90,000 | 88,998 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 235,000 | 219,223 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 185,000 | 183,562 | ||||||||||
| ION Trading Technologies Sarl(1) | 5.75 | 05/15/28 | 140,000 | 126,131 | ||||||||||
| ION Trading Technologies Sarl(1) | 9.50 | 05/30/29 | 230,000 | 223,892 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 152,000 | 130,466 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 155,000 | 140,297 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 152,000 | 146,428 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 140,000 | 137,844 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 100,000 | 97,673 | ||||||||||
| Millennium Escrow Corp.(1) | 6.63 | 08/01/26 | 240,000 | 173,909 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 150,000 | 89,134 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 11.75 | 10/15/28 | 160,000 | 86,400 | ||||||||||
| Snap, Inc.(1) | 6.88 | 03/01/33 | 445,000 | 444,813 | ||||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 140,000 | 123,868 | ||||||||||
| 4,433,729 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
14
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Telecom, Media & Technology Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.3% | ||||||||||||||
| Vertiv Group Corp.(1) | 4.13 | 11/15/28 | $ | 260,000 | $ | 251,407 | ||||||||
| MEDIA – 36.5% | ||||||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 272,000 | 200,592 | ||||||||||
| AMC Networks, Inc.(1) | 10.25 | 01/15/29 | 269,000 | 276,891 | ||||||||||
| Block Communications, Inc.(1) | 4.88 | 03/01/28 | 90,000 | 84,292 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 200,000 | 162,899 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 890,000 | 804,955 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 593,000 | 499,925 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 817,000 | 759,409 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 849,000 | 754,874 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 527,000 | 458,915 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 895,000 | 845,842 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 355,000 | 321,579 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 742,000 | 724,548 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 957,000 | 944,713 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 436,000 | 427,020 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 228,000 | 227,888 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 460,000 | 464,542 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 335,000 | 345,243 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 298,000 | 199,213 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 327,000 | 224,416 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 445,000 | 303,047 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 294,000 | 257,179 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 403,000 | 374,844 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 535,000 | 438,017 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 298,000 | 291,527 | ||||||||||
| CSC Holdings LLC(1) | 11.75 | 01/31/29 | 605,000 | 572,356 | ||||||||||
| Cumulus Media New Holdings, Inc.(1) | 8.00 | 07/01/29 | 95,000 | 26,600 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 220,000 | 210,155 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 985,000 | 952,878 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 10.00 | 02/15/31 | 615,000 | 582,860 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 410,000 | 257,217 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 825,000 | 752,290 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 765,000 | 643,915 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 300,000 | 203,042 | ||||||||||
| DISH DBS Corp. | 7.75 | 07/01/26 | 550,000 | 478,732 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 1,070,000 | 1,125,494 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 175,000 | 165,732 | ||||||||||
| Gray Media, Inc.(1) | 4.75 | 10/15/30 | 242,000 | 144,595 | ||||||||||
| Gray Media, Inc.(1) | 5.38 | 11/15/31 | 352,000 | 210,334 | ||||||||||
| Gray Media, Inc.(1) | 7.00 | 05/15/27 | 160,000 | 155,814 | ||||||||||
| Gray Media, Inc.(1) | 10.50 | 07/15/29 | 370,000 | 380,191 | ||||||||||
| iHeartCommunications, Inc.(1) | 7.00 | 01/15/31 | 27,400 | 18,632 | ||||||||||
| iHeartCommunications, Inc.(1) | 7.75 | 08/15/30 | 203,360 | 145,731 | ||||||||||
| iHeartCommunications, Inc.(1) | 9.13 | 05/01/29 | 218,000 | 169,155 | ||||||||||
| iHeartCommunications, Inc.(1) | 10.88 | 05/01/30 | 273,400 | 115,511 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 245,000 | 182,030 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 355,000 | 292,162 | ||||||||||
The accompanying notes are an integral part of these financial statements.
15
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Telecom, Media & Technology Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 36.5% (Continued) | ||||||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | $ | 235,000 | $ | 230,450 | ||||||||
| McGraw-Hill Education, Inc.(1) | 7.38 | 09/01/31 | 200,000 | 204,567 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 195,000 | 193,400 | ||||||||||
| Midcontinent Communications(1) | 8.00 | 08/15/32 | 200,000 | 204,150 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 295,000 | 278,081 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 523,000 | 518,571 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 199,000 | 183,920 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 292,000 | 281,100 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 4.50 | 09/15/26 | 277,000 | 239,298 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 160,000 | 122,096 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 110,000 | 62,733 | ||||||||||
| Scripps Escrow, Inc.(1) | 5.88 | 07/15/27 | 125,000 | 99,139 | ||||||||||
| Sinclair Television Group, Inc.(1) | 4.38 | 12/31/32 | 47,000 | 28,496 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.13 | 02/15/27 | 10,000 | 9,375 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 145,000 | 105,125 | ||||||||||
| Sinclair Television Group, Inc.(1) | 8.13 | 02/15/33 | 385,000 | 381,364 | ||||||||||
| Sinclair Television Group, Inc.(1) | 9.75 | 02/15/33 | 130,000 | 134,875 | ||||||||||
| Sirius XM Radio LLC(1) | 3.13 | 09/01/26 | 293,000 | 285,380 | ||||||||||
| Sirius XM Radio LLC(1) | 3.88 | 09/01/31 | 440,000 | 377,925 | ||||||||||
| Sirius XM Radio LLC(1) | 4.00 | 07/15/28 | 590,000 | 555,539 | ||||||||||
| Sirius XM Radio LLC(1) | 4.13 | 07/01/30 | 445,000 | 398,563 | ||||||||||
| Sirius XM Radio LLC(1) | 5.00 | 08/01/27 | 445,000 | 440,049 | ||||||||||
| Sirius XM Radio LLC(1) | 5.50 | 07/01/29 | 382,000 | 372,410 | ||||||||||
| Sunrise FinCo I BV(1) | 4.88 | 07/15/31 | 361,000 | 331,326 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 305,000 | 292,563 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 325,000 | 303,154 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 312,000 | 268,043 | ||||||||||
| Univision Communications, Inc.(1) | 6.63 | 06/01/27 | 445,000 | 431,025 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 265,000 | 241,648 | ||||||||||
| Univision Communications, Inc.(1) | 8.00 | 08/15/28 | 425,000 | 413,226 | ||||||||||
| Univision Communications, Inc.(1) | 8.50 | 07/31/31 | 375,000 | 354,400 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 175,000 | 84,191 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 285,000 | 250,246 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | 267,000 | 240,289 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 415,000 | 400,095 | ||||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 140,000 | 135,553 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 447,000 | 390,511 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 155,000 | 137,612 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 295,000 | 271,939 | ||||||||||
| 28,430,223 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.9% | ||||||||||||||
| Xerox Corp. | 4.80 | 03/01/35 | 77,000 | 33,049 | ||||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 105,000 | 45,784 | ||||||||||
| Xerox Corp.(1) | 10.25 | 10/15/30 | 115,000 | 117,308 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 230,000 | 147,916 | ||||||||||
| Xerox Holdings Corp.(1) | 8.88 | 11/30/29 | 150,000 | 90,009 | ||||||||||
| Xerox Issuer Corp.(1) | 13.50 | 04/15/31 | 115,000 | 109,424 | ||||||||||
| Zebra Technologies Corp.(1) | 6.50 | 06/01/32 | 155,000 | 155,873 | ||||||||||
| 699,363 | ||||||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 0.9% | ||||||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | $ | 155,000 | $ | 128,475 | ||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | 135,000 | 91,716 | ||||||||||
| LABL, Inc.(1) | 8.63 | 10/01/31 | 280,000 | 229,225 | ||||||||||
| LABL, Inc.(1) | 9.50 | 11/01/28 | 90,000 | 78,749 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 200,000 | 179,219 | ||||||||||
| 707,384 | ||||||||||||||
| RETAIL – 0.1% | ||||||||||||||
| Liberty Interactive LLC | 8.25 | 02/01/30 | 155,000 | 58,254 | ||||||||||
| Liberty Interactive LLC | 8.50 | 07/15/29 | 90,000 | 34,811 | ||||||||||
| 93,065 | ||||||||||||||
| SEMICONDUCTORS – 2.0% | ||||||||||||||
| Amkor Technology, Inc.(1) | 6.63 | 09/15/27 | 160,000 | 160,019 | ||||||||||
| ams-OSRAM AG(1) | 12.25 | 03/30/29 | 125,000 | 126,817 | ||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 129,000 | 118,922 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 115,000 | 111,255 | ||||||||||
| Entegris, Inc.(1) | 4.75 | 04/15/29 | 465,000 | 453,141 | ||||||||||
| Entegris, Inc.(1) | 5.95 | 06/15/30 | 262,000 | 261,836 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 215,000 | 203,488 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 115,000 | 106,440 | ||||||||||
| 1,541,918 | ||||||||||||||
| SOFTWARE – 11.3% | ||||||||||||||
| Capstone Borrower, Inc.(1) | 8.00 | 06/15/30 | 155,000 | 158,544 | ||||||||||
| Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.(1) | 8.00 | 06/15/29 | 230,000 | 204,000 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 220,000 | 189,485 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 1,188,000 | 1,189,555 | ||||||||||
| Cloud Software Group, Inc.(1) | 8.25 | 06/30/32 | 534,000 | 557,442 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 1,140,000 | 1,149,724 | ||||||||||
| Dye & Durham Ltd.(1) | 8.63 | 04/15/29 | 170,000 | 173,099 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 175,000 | 165,384 | ||||||||||
| Ellucian Holdings, Inc.(1) | 6.50 | 12/01/29 | 205,000 | 205,311 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 274,000 | 263,044 | ||||||||||
| Fair Isaac Corp.(1) | 5.25 | 05/15/26 | 125,000 | 124,797 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 4.63 | 05/01/28 | 100,000 | 90,172 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 8.75 | 05/01/29 | 215,000 | 208,990 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 275,000 | 263,135 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 252,000 | 232,504 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 255,000 | 235,986 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 200,000 | 179,135 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 155,000 | 149,875 | ||||||||||
| Rackspace Finance LLC(1) | 3.50 | 05/15/28 | 100,000 | 36,597 | ||||||||||
| RingCentral, Inc.(1) | 8.50 | 08/15/30 | 125,000 | 131,553 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 307,000 | 284,357 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 170,000 | 162,550 | ||||||||||
| Rocket Software, Inc.(1) | 9.00 | 11/28/28 | 245,000 | 252,701 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 615,000 | 612,564 | ||||||||||
| SS&C Technologies, Inc.(1) | 6.50 | 06/01/32 | 220,000 | 223,270 | ||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | 149,000 | 139,868 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 11.3% (Continued) | ||||||||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | $ | 153,000 | $ | 139,185 | ||||||||
| UKG, Inc.(1) | 6.88 | 02/01/31 | 755,000 | 777,464 | ||||||||||
| West Technology Group LLC(1) | 8.50 | 04/10/27 | 135,000 | 88,425 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 190,000 | 174,785 | ||||||||||
| 8,763,501 | ||||||||||||||
| TELECOMMUNICATIONS – 27.9% | ||||||||||||||
| Africell Holding Ltd.(1) | 10.50 | 10/23/29 | 90,000 | 84,752 | ||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 350,000 | 269,186 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 2,487,000 | 1,837,275 | ||||||||||
| Altice Financing SA(1) | 9.63 | 07/15/27 | 115,000 | 99,298 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 6.88 | 09/15/55 | 295,000 | 295,392 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 7.00 | 09/15/55 | 370,000 | 368,091 | ||||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | 155,000 | 150,551 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 151,000 | 136,613 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 115,000 | 106,623 | ||||||||||
| CommScope LLC(1) | 4.75 | 09/01/29 | 277,000 | 244,834 | ||||||||||
| CommScope LLC(1) | 7.13 | 07/01/28 | 185,000 | 157,366 | ||||||||||
| CommScope LLC(1) | 8.25 | 03/01/27 | 250,000 | 228,043 | ||||||||||
| CommScope LLC(1) | 9.50 | 12/15/31 | 305,000 | 312,264 | ||||||||||
| CommScope Technologies LLC(1) | 5.00 | 03/15/27 | 230,000 | 200,414 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 9.00 | 09/15/29 | 590,000 | 552,664 | ||||||||||
| Consolidated Communications, Inc.(1) | 5.00 | 10/01/28 | 115,000 | 109,305 | ||||||||||
| Consolidated Communications, Inc.(1) | 6.50 | 10/01/28 | 227,000 | 223,411 | ||||||||||
| EchoStar Corp. | 10.75 | 11/30/29 | 1,595,000 | 1,688,487 | ||||||||||
| Fibercop SpA(1) | 6.00 | 09/30/34 | 150,000 | 139,271 | ||||||||||
| Fibercop SpA(1) | 6.38 | 11/15/33 | 154,000 | 147,724 | ||||||||||
| Fibercop SpA(1) | 7.20 | 07/18/36 | 150,000 | 144,805 | ||||||||||
| Fibercop SpA(1) | 7.72 | 06/04/38 | 140,000 | 139,052 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 465,000 | 460,603 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 340,000 | 339,906 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 215,000 | 215,324 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 290,000 | 291,258 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 305,000 | 306,579 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 230,000 | 244,095 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 352,000 | 368,766 | ||||||||||
| Frontier Florida LLC | 6.86 | 02/01/28 | 90,000 | 92,216 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 112,837 | 98,450 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 127,252 | 48,356 | ||||||||||
| Hughes Satellite Systems Corp. | 5.25 | 08/01/26 | 210,000 | 195,990 | ||||||||||
| Hughes Satellite Systems Corp. | 6.63 | 08/01/26 | 230,000 | 187,009 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 10/15/28 | 260,000 | 263,400 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 04/15/32 | 260,000 | 263,869 | ||||||||||
| Iliad Holding SASU(1) | 8.50 | 04/15/31 | 280,000 | 295,646 | ||||||||||
| Intelsat Jackson Holdings SA(1) | 6.50 | 03/15/30 | 890,000 | 877,645 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 90,000 | 69,975 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 102,000 | 77,192 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 10/15/30 | 135,000 | 107,149 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 27.9% (Continued) | ||||||||||||||
| Level 3 Financing, Inc.(1) | 4.00 | 04/15/31 | $ | 125,000 | $ | 98,155 | ||||||||
| Level 3 Financing, Inc.(1) | 4.50 | 04/01/30 | 205,000 | 171,735 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.88 | 06/15/29 | 185,000 | 162,337 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.00 | 10/15/32 | 105,360 | 105,250 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 04/15/29 | 205,000 | 228,008 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 05/15/30 | 282,000 | 306,272 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.75 | 12/15/30 | 200,000 | 222,421 | ||||||||||
| Level 3 Financing, Inc.(1) | 11.00 | 11/15/29 | 465,000 | 520,219 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/29 | 95,000 | 89,775 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/30 | 104,000 | 97,760 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 87,000 | 69,566 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 107,000 | 78,794 | ||||||||||
| Lumen Technologies, Inc. | 7.65 | 03/15/42 | 85,000 | 61,915 | ||||||||||
| Lumen Technologies, Inc.(1) | 10.00 | 10/15/32 | 134,000 | 133,832 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 220,000 | 196,105 | ||||||||||
| Millicom International Cellular SA(1) | 5.13 | 01/15/28 | 121,500 | 118,614 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 207,900 | 205,673 | ||||||||||
| Millicom International Cellular SA(1) | 7.38 | 04/02/32 | 135,000 | 136,741 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 220,000 | 214,630 | ||||||||||
| Rogers Communications, Inc. | 7.00 | 04/15/55 | 325,000 | 327,624 | ||||||||||
| Rogers Communications, Inc. | 7.13 | 04/15/55 | 295,000 | 294,120 | ||||||||||
| Sunrise Hold Co. IV BV(1) | 5.50 | 01/15/28 | 120,000 | 117,718 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 152,000 | 146,927 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 145,000 | 145,118 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 139,000 | 142,530 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 155,000 | 161,741 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 4.88 | 06/01/27 | 125,000 | 67,227 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 5.63 | 12/06/26 | 155,000 | 88,350 | ||||||||||
| United States Cellular Corp. | 6.70 | 12/15/33 | 165,000 | 178,847 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 185,000 | 181,441 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 124,000 | 109,163 | ||||||||||
| Viasat, Inc.(1) | 7.50 | 05/30/31 | 209,000 | 159,324 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 115,000 | 105,495 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 412,000 | 359,931 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 405,000 | 356,383 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 7.75 | 04/15/32 | 230,000 | 232,349 | ||||||||||
| Vodafone Group PLC | 3.25 | 06/04/81 | 148,000 | 142,964 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 294,000 | 261,703 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 290,000 | 216,179 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 590,000 | 607,248 | ||||||||||
| Windstream Services LLC/Windstream Escrow Finance Corp.(1) | 8.25 | 10/01/31 | 650,000 | 666,009 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 4.00 | 03/01/27 | 435,000 | 401,258 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 6.13 | 03/01/28 | 322,000 | 263,154 | ||||||||||
| Zegona Finance PLC(1) | 8.63 | 07/15/29 | 275,000 | 293,242 | ||||||||||
| 21,682,696 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $77,080,317) | 75,544,149 | |||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.1% | ||||||||||||||
| TIME DEPOSITS – 1.1% | ||||||||||||||
| ANZ National Bank, London | 3.68 | 05/01/25 | $ | 879,882 | $ | 879,882 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $879,882) | 879,882 | |||||||||||||
| TOTAL INVESTMENTS – 98.2% (Cost - $77,960,496) | $ | 76,424,161 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.8% | 1,375,306 | |||||||||||||
| NET ASSETS – 100.0% | $ | 77,799,467 | ||||||||||||
| * | 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, 2025, amounts to $64,537,673 and represents 83.0% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
20
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Healthcare Sector ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.9% | ||||||||||||||
| BIOTECHNOLOGY – 0.3% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | $ | 123,000 | $ | 79,324 | ||||||||
| COMMERCIAL SERVICES – 5.8% | ||||||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 95,000 | 85,278 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.63 | 10/01/27 | 140,000 | 134,260 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 113,000 | 104,007 | ||||||||||
| Raven Acquisition Holdings LLC(1) | 6.88 | 11/15/31 | 360,000 | 352,024 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 230,000 | 206,141 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 228,000 | 208,364 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 154,000 | 151,648 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 201,000 | 199,146 | ||||||||||
| Service Corp. International/US | 5.75 | 10/15/32 | 220,000 | 217,468 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 110,000 | 99,019 | ||||||||||
| 1,757,355 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 3.3% | ||||||||||||||
| Opal Bidco SAS(1) | 6.50 | 03/31/32 | 300,000 | 300,316 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 06/15/30 | 210,000 | 200,062 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 83,000 | 64,439 | ||||||||||
| Perrigo Finance Unlimited Co. | 6.13 | 09/30/32 | 192,000 | 190,713 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 162,000 | 146,396 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 115,000 | 114,302 | ||||||||||
| 1,016,228 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 14.9% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 225,000 | 207,941 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 422,000 | 406,182 | ||||||||||
| Bausch + Lomb Corp.(1) | 8.38 | 10/01/28 | 385,000 | 400,419 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 139,000 | 125,262 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 260,000 | 243,073 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 113,000 | 111,234 | ||||||||||
| Insulet Corp.(1) | 6.50 | 04/01/33 | 125,000 | 127,630 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 1,240,000 | 1,157,942 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 690,000 | 655,926 | ||||||||||
| Medline Borrower LP/Medline Co.-Issuer, Inc.(1) | 6.25 | 04/01/29 | 415,000 | 418,695 | ||||||||||
| Neogen Food Safety Corp.(1) | 8.63 | 07/20/30 | 95,000 | 96,007 | ||||||||||
| Sotera Health Holdings LLC(1) | 7.38 | 06/01/31 | 205,000 | 210,513 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 133,000 | 127,448 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 140,000 | 136,786 | ||||||||||
| Varex Imaging Corp.(1) | 7.88 | 10/15/27 | 100,000 | 96,081 | ||||||||||
| 4,521,139 | ||||||||||||||
| HEALTHCARE-SERVICES – 46.9% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 133,000 | 125,889 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 118,000 | 115,618 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 7.38 | 03/15/33 | 155,000 | 155,059 | ||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 84,000 | 77,721 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 125,000 | 114,558 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 143,000 | 125,868 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 143,000 | 136,103 | ||||||||||
The accompanying notes are an integral part of these financial statements.
21
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 46.9% (Continued) | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | $ | 298,000 | $ | 246,351 | ||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 392,000 | 334,804 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.63 | 03/15/27 | 488,000 | 476,313 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 171,000 | 159,494 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 362,000 | 247,199 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 350,000 | 255,355 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 12/15/27 | 218,000 | 218,245 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 10.88 | 01/15/32 | 615,000 | 635,761 | ||||||||||
| Concentra Health Services, Inc.(1) | 6.88 | 07/15/32 | 180,000 | 184,508 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 412,000 | 362,572 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 753,000 | 700,926 | ||||||||||
| DaVita, Inc.(1) | 6.88 | 09/01/32 | 280,000 | 282,912 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 220,000 | 217,077 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 110,000 | 104,810 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 220,000 | 213,987 | ||||||||||
| Fortrea Holdings, Inc.(1) | 7.50 | 07/01/30 | 160,000 | 139,045 | ||||||||||
| HAH Group Holding Co. LLC(1) | 9.75 | 10/01/31 | 185,000 | 177,666 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 165,000 | 156,126 | ||||||||||
| Heartland Dental LLC/Heartland Dental Finance Corp.(1) | 10.50 | 04/30/28 | 195,000 | 205,714 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 10/15/26 | 293,000 | 291,336 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 300,000 | 297,855 | ||||||||||
| IQVIA, Inc.(1) | 6.50 | 05/15/30 | 140,000 | 142,375 | ||||||||||
| Kedrion SpA(1) | 6.50 | 09/01/29 | 215,000 | 206,267 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 138,000 | 124,382 | ||||||||||
| LifePoint Health, Inc.(1) | 8.38 | 02/15/32 | 195,000 | 199,056 | ||||||||||
| LifePoint Health, Inc.(1) | 9.88 | 08/15/30 | 225,000 | 239,619 | ||||||||||
| LifePoint Health, Inc.(1) | 10.00 | 06/01/32 | 220,000 | 213,675 | ||||||||||
| LifePoint Health, Inc.(1) | 11.00 | 10/15/30 | 295,000 | 323,289 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 180,000 | 162,414 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 204,000 | 179,896 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 225,000 | 216,477 | ||||||||||
| Molina Healthcare, Inc.(1) | 6.25 | 01/15/33 | 205,000 | 203,593 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 12/31/30 | 210,000 | 162,975 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 113,000 | 109,067 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 9.38 | 09/01/29 | 415,000 | 396,026 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 12/01/32 | 150,000 | 149,042 | ||||||||||
| Star Parent, Inc.(1) | 9.00 | 10/01/30 | 275,000 | 278,595 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 7.25 | 04/15/32 | 220,000 | 219,776 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 393,000 | 374,712 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 385,000 | 365,223 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | 165,000 | 160,810 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 395,000 | 392,036 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 700,000 | 698,833 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 06/15/30 | 550,000 | 552,573 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 418,000 | 418,112 | ||||||||||
| Tenet Healthcare Corp. | 6.75 | 05/15/31 | 375,000 | 384,680 | ||||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 107,000 | 109,980 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 70,000 | 53,134 | ||||||||||
The accompanying notes are an integral part of these financial statements.
22
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 46.9% (Continued) | ||||||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | $ | 90,000 | $ | 86,677 | ||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 112,000 | 98,198 | ||||||||||
| US Acute Care Solutions LLC(1) | 9.75 | 05/15/29 | 275,000 | 279,519 | ||||||||||
| 14,259,883 | ||||||||||||||
| PHARMACEUTICALS – 24.4% | ||||||||||||||
| 1261229 BC Ltd.(1) | 10.00 | 04/15/32 | 1,200,000 | 1,175,801 | ||||||||||
| 180 Medical, Inc.(1) | 3.88 | 10/15/29 | 140,000 | 131,265 | ||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 140,000 | 125,296 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 165,000 | 147,677 | ||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | 95,000 | 92,217 | ||||||||||
| Bausch Health Americas, Inc.(1) | 8.50 | 01/31/27 | 180,000 | 171,176 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 450,000 | 365,958 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 01/30/28 | 120,000 | 91,985 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 02/15/29 | 125,000 | 79,248 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 01/30/30 | 220,000 | 129,010 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 02/15/31 | 140,000 | 75,739 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.25 | 02/15/29 | 230,000 | 150,937 | ||||||||||
| Bausch Health Cos, Inc.(1) | 7.25 | 05/30/29 | 95,000 | 63,751 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 470,000 | 442,341 | ||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 100,000 | 85,806 | ||||||||||
| Cheplapharm Arzneimittel GmbH(1) | 5.50 | 01/15/28 | 140,000 | 123,975 | ||||||||||
| CVS Health Corp. | 6.75 | 12/10/54 | 210,000 | 209,111 | ||||||||||
| CVS Health Corp. | 7.00 | 03/10/55 | 615,000 | 623,640 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 203,000 | 205,958 | ||||||||||
| Endo Finance Holdings, Inc.(1) | 8.50 | 04/15/31 | 275,000 | 286,271 | ||||||||||
| Grifols SA(1) | 4.75 | 10/15/28 | 193,000 | 179,845 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 412,000 | 391,374 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 14.75 | 11/14/28 | 130,465 | 136,640 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 139,000 | 131,391 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 568,000 | 536,146 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 560,000 | 470,479 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 6.75 | 05/15/34 | 140,000 | 132,187 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 7.88 | 05/15/34 | 135,000 | 124,506 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 136,000 | 110,355 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 151,000 | 128,687 | ||||||||||
| Owens & Minor, Inc.(1) | 10.00 | 04/15/30 | 270,000 | 279,009 | ||||||||||
| 7,397,781 | ||||||||||||||
| SOFTWARE – 2.3% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 646,000 | 618,100 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 95,000 | 93,308 | ||||||||||
| 711,408 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $29,840,386) | 29,743,118 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
23
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Healthcare Sector ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.9% | ||||||||||||||
| TIME DEPOSITS – 1.9% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 3.68 | 05/01/25 | $ | 590,515 | $ | 590,515 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $590,515) | 590,515 | |||||||||||||
| TOTAL INVESTMENTS – 99.8% (Cost - $30,430,901) | $ | 30,333,633 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.2% | 47,331 | |||||||||||||
| NET ASSETS – 100.0% | $ | 30,380,964 | ||||||||||||
| (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, 2025, amounts to $22,898,800 and represents 75.4% 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
Financial & REIT Sector ETF
Portfolio of Investments
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| ADVERTISING – 1.1% | ||||||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | $ | 110,000 | $ | 102,283 | ||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 113,000 | 104,550 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 137,000 | 134,366 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 7.38 | 02/15/31 | 95,000 | 99,561 | ||||||||||
| 440,760 | ||||||||||||||
| BANKS – 3.3% | ||||||||||||||
| Banc of California | 3.25 | 05/01/31 | 85,000 | 80,315 | ||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 215,000 | 234,524 | ||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 110,000 | 109,287 | ||||||||||
| Freedom Mortgage Corp.(1) | 7.63 | 05/01/26 | 105,000 | 104,813 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.00 | 10/01/28 | 180,000 | 193,136 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.25 | 10/01/30 | 110,000 | 121,130 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 85,000 | 87,877 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | – | 160,000 | 162,119 | ||||||||||
| Texas Capital Bancshares, Inc. | 4.00 | 05/06/31 | 75,000 | 71,366 | ||||||||||
| Valley National Bancorp | 3.00 | 06/15/31 | 65,000 | 59,054 | ||||||||||
| Walker & Dunlop, Inc.(1) | 6.63 | 04/01/33 | 85,000 | 86,541 | ||||||||||
| 1,310,162 | ||||||||||||||
| COMMERCIAL SERVICES – 5.6% | ||||||||||||||
| Block, Inc. | 2.75 | 06/01/26 | 215,000 | 210,030 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 212,000 | 189,441 | ||||||||||
| Block, Inc.(1) | 6.50 | 05/15/32 | 435,000 | 444,366 | ||||||||||
| Boost Newco Borrower LLC(1) | 7.50 | 01/15/31 | 465,000 | 491,131 | ||||||||||
| CPI CG, Inc.(1) | 10.00 | 07/15/29 | 60,000 | 64,639 | ||||||||||
| Dcli Bidco LLC(1) | 7.75 | 11/15/29 | 105,000 | 97,926 | ||||||||||
| Mobius Merger Sub, Inc.(1) | 9.00 | 06/01/30 | 110,000 | 97,083 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 70,000 | 65,547 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 130,000 | 119,972 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 4.63 | 11/01/26 | 98,000 | 96,735 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 6.75 | 08/15/32 | 240,000 | 243,611 | ||||||||||
| WEX, Inc.(1) | 6.50 | 03/15/33 | 115,000 | 111,938 | ||||||||||
| 2,232,419 | ||||||||||||||
| COMPUTERS – 0.5% | ||||||||||||||
| Diebold Nixdorf, Inc.(1) | 7.75 | 03/31/30 | 205,000 | 213,942 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 34.6% | ||||||||||||||
| Acadian Asset Management, Inc. | 4.80 | 07/27/26 | 60,000 | 58,754 | ||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 105,000 | 103,558 | ||||||||||
| AG TTMT Escrow Issuer LLC(1) | 8.63 | 09/30/27 | 110,000 | 113,404 | ||||||||||
| Ally Financial, Inc. | 6.65 | 01/17/40 | 115,000 | 109,614 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 105,000 | 104,353 | ||||||||||
| Aretec Group, Inc.(1) | 7.50 | 04/01/29 | 80,000 | 78,317 | ||||||||||
| Aretec Group, Inc.(1) | 10.00 | 08/15/30 | 155,000 | 167,090 | ||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 70,000 | 64,520 | ||||||||||
| Azorra Finance Ltd.(1) | 7.75 | 04/15/30 | 115,000 | 114,269 | ||||||||||
The accompanying notes are an integral part of these financial statements.
25
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Financial & REIT Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 34.6% (Continued) | ||||||||||||||
| Bread Financial Holdings, Inc.(1) | 8.38 | 06/15/35 | $ | 85,000 | $ | 79,582 | ||||||||
| Bread Financial Holdings, Inc.(1) | 9.75 | 03/15/29 | 195,000 | 205,308 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 80,000 | 79,386 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | 78,000 | 77,912 | ||||||||||
| Burford Capital Global Finance LLC(1) | 9.25 | 07/01/31 | 145,000 | 152,945 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 80,000 | 64,409 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 12.25 | 11/01/29 | 60,000 | 58,197 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 215,000 | 198,063 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 165,000 | 143,342 | ||||||||||
| Credit Acceptance Corp.(1) | 6.63 | 03/15/30 | 105,000 | 103,224 | ||||||||||
| Credit Acceptance Corp.(1) | 9.25 | 12/15/28 | 130,000 | 137,548 | ||||||||||
| Encore Capital Group, Inc.(1) | 8.50 | 05/15/30 | 115,000 | 119,416 | ||||||||||
| Encore Capital Group, Inc.(1) | 9.25 | 04/01/29 | 105,000 | 110,968 | ||||||||||
| Enova International, Inc.(1) | 9.13 | 08/01/29 | 105,000 | 107,509 | ||||||||||
| Enova International, Inc.(1) | 11.25 | 12/15/28 | 85,000 | 90,952 | ||||||||||
| EZCORP, Inc.(1) | 7.38 | 04/01/32 | 65,000 | 68,210 | ||||||||||
| Focus Financial Partners LLC(1) | 6.75 | 09/15/31 | 215,000 | 216,486 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 8.38 | 04/01/32 | 140,000 | 137,062 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.13 | 05/15/31 | 155,000 | 156,911 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.25 | 02/01/29 | 240,000 | 244,696 | ||||||||||
| GGAM Finance Ltd.(1) | 5.88 | 03/15/30 | 85,000 | 84,620 | ||||||||||
| GGAM Finance Ltd.(1) | 6.88 | 04/15/29 | 90,000 | 92,134 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 85,000 | 86,020 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 150,000 | 154,133 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 06/15/28 | 128,000 | 134,453 | ||||||||||
| Global Aircraft Leasing Co. Ltd.(1) | 8.75 | 09/01/27 | 235,000 | 234,442 | ||||||||||
| goeasy Ltd.(1) | 6.88 | 05/15/30 | 83,000 | 81,036 | ||||||||||
| goeasy Ltd.(1) | 7.38 | 10/01/30 | 90,000 | 88,560 | ||||||||||
| goeasy Ltd.(1) | 7.63 | 07/01/29 | 130,000 | 131,185 | ||||||||||
| goeasy Ltd.(1) | 9.25 | 12/01/28 | 115,000 | 120,498 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 60,000 | 57,449 | ||||||||||
| Hightower Holding LLC(1) | 9.13 | 01/31/30 | 90,000 | 92,140 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 138,000 | 131,508 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 350,000 | 344,319 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.75 | 05/01/33 | 300,000 | 301,638 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 7.13 | 04/30/31 | 290,000 | 299,321 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 222,000 | 206,770 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 6.63 | 10/15/31 | 105,000 | 102,976 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 6.00 | 08/15/26 | 70,000 | 69,707 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 9.50 | 02/15/29 | 80,000 | 83,935 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 110,000 | 90,656 | ||||||||||
| LD Holdings Group LLC(1) | 8.75 | 11/01/27 | 69,000 | 63,046 | ||||||||||
| LFS Topco LLC(1) | 5.88 | 10/15/26 | 60,000 | 57,476 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 85,000 | 74,590 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 215,000 | 205,524 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.13 | 12/15/30 | 140,000 | 140,526 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.50 | 08/15/28 | 180,000 | 179,071 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.75 | 11/15/31 | 135,000 | 135,645 | ||||||||||
The accompanying notes are an integral part of these financial statements.
26
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Financial & REIT Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 34.6% (Continued) | ||||||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.00 | 01/15/27 | $ | 127,000 | $ | 127,163 | ||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.50 | 08/01/29 | 160,000 | 162,778 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 7.13 | 02/01/32 | 215,000 | 223,255 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 110,000 | 105,899 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 150,000 | 148,627 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 160,000 | 151,660 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 134,000 | 115,012 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 105,000 | 106,045 | ||||||||||
| Navient Corp. | 9.38 | 07/25/30 | 105,000 | 111,772 | ||||||||||
| Navient Corp. | 11.50 | 03/15/31 | 105,000 | 117,253 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 165,000 | 158,102 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 128,000 | 118,560 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 182,000 | 161,587 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 155,000 | 148,364 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 160,000 | 161,262 | ||||||||||
| OneMain Finance Corp. | 6.63 | 05/15/29 | 195,000 | 195,812 | ||||||||||
| OneMain Finance Corp. | 6.75 | 03/15/32 | 130,000 | 127,670 | ||||||||||
| OneMain Finance Corp. | 7.13 | 11/15/31 | 160,000 | 160,822 | ||||||||||
| OneMain Finance Corp. | 7.50 | 05/15/31 | 159,000 | 161,411 | ||||||||||
| OneMain Finance Corp. | 7.88 | 03/15/30 | 150,000 | 155,101 | ||||||||||
| OneMain Finance Corp. | 9.00 | 01/15/29 | 160,000 | 166,728 | ||||||||||
| Osaic Holdings, Inc.(1) | 10.75 | 08/01/27 | 85,000 | 85,268 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 85,000 | 84,774 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 145,000 | 135,504 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 105,000 | 100,113 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.88 | 02/15/33 | 180,000 | 179,974 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.13 | 11/15/30 | 145,000 | 147,584 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.88 | 12/15/29 | 160,000 | 166,972 | ||||||||||
| PHH Escrow Issuer LLC/PHH Corp.(1) | 9.88 | 11/01/29 | 105,000 | 101,677 | ||||||||||
| Planet Financial Group LLC(1) | 10.50 | 12/15/29 | 105,000 | 103,679 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 72,000 | 65,669 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 87,000 | 87,924 | ||||||||||
| PRA Group, Inc.(1) | 8.88 | 01/31/30 | 115,000 | 118,580 | ||||||||||
| Provident Funding Associates LP/PFG Finance Corp.(1) | 9.75 | 09/15/29 | 85,000 | 87,398 | ||||||||||
| RFNA LP(1) | 7.88 | 02/15/30 | 110,000 | 108,315 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 2.88 | 10/15/26 | 245,000 | 236,637 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 160,000 | 148,960 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 274,000 | 247,915 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 180,000 | 155,905 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 115,000 | 111,494 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 110,000 | 113,652 | ||||||||||
| StoneX Group, Inc.(1) | 7.88 | 03/01/31 | 115,000 | 119,838 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 160,000 | 163,275 | ||||||||||
| TrueNoord Capital DAC(1) | 8.75 | 03/01/30 | 90,000 | 92,035 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 155,000 | 150,265 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 108,000 | 106,644 | ||||||||||
| UWM Holdings LLC(1) | 6.63 | 02/01/30 | 170,000 | 168,271 | ||||||||||
| VFH Parent LLC/Valor Co.-Issuer, Inc.(1) | 7.50 | 06/15/31 | 105,000 | 107,885 | ||||||||||
| 13,890,473 | ||||||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 0.4% | ||||||||||||||
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC(1) | 6.38 | 02/15/32 | $ | 160,000 | $ | 157,299 | ||||||||
| INSURANCE – 19.5% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | 150,000 | 140,311 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 112,000 | 106,213 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 7.50 | 11/06/30 | 245,000 | 249,791 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.25 | 02/01/29 | 200,000 | 204,816 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.50 | 06/15/29 | 100,000 | 103,408 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 4.25 | 10/15/27 | 162,000 | 156,474 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 5.88 | 11/01/29 | 92,000 | 88,898 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.50 | 10/01/31 | 220,000 | 219,824 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 10/15/27 | 285,000 | 283,249 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 04/15/28 | 276,000 | 278,216 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.00 | 01/15/31 | 310,000 | 314,928 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.38 | 10/01/32 | 150,000 | 151,772 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 170,000 | 162,468 | ||||||||||
| AmWINS Group, Inc.(1) | 6.38 | 02/15/29 | 165,000 | 167,070 | ||||||||||
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Inves(1) | 7.88 | 11/01/29 | 160,000 | 156,379 | ||||||||||
| Ardonagh FinCo. Ltd.(1) | 7.75 | 02/15/31 | 235,000 | 239,444 | ||||||||||
| Ardonagh Group Finance Ltd.(1) | 8.88 | 02/15/32 | 325,000 | 331,777 | ||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 85,000 | 84,638 | ||||||||||
| AssuredPartners, Inc.(1) | 5.63 | 01/15/29 | 115,000 | 114,727 | ||||||||||
| AssuredPartners, Inc.(1) | 7.50 | 02/15/32 | 110,000 | 117,032 | ||||||||||
| Baldwin Insurance Group Holdings LLC/Baldwin Insurance Group Holdings Finance(1) | 7.13 | 05/15/31 | 135,000 | 137,500 | ||||||||||
| BroadStreet Partners, Inc.(1) | 5.88 | 04/15/29 | 155,000 | 149,825 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.63 | 05/01/31 | 55,000 | 54,840 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.80 | 01/24/30 | 90,000 | 87,366 | ||||||||||
| Global Atlantic Finance Co.(1) | 4.70 | 10/15/51 | 160,000 | 152,115 | ||||||||||
| Global Atlantic Finance Co.(1) | 7.95 | 10/15/54 | 130,000 | 132,342 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 7.25 | 02/15/31 | 220,000 | 226,169 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 8.13 | 02/15/32 | 100,000 | 101,569 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 115,000 | 112,481 | ||||||||||
| HUB International Ltd.(1) | 7.25 | 06/15/30 | 705,000 | 731,729 | ||||||||||
| HUB International Ltd.(1) | 7.38 | 01/31/32 | 415,000 | 427,810 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 164,000 | 173,144 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 10.50 | 12/15/30 | 105,000 | 113,046 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 105,000 | 99,200 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | 180,000 | 112,305 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 7.80 | 03/15/37 | 95,000 | 106,465 | ||||||||||
| Panther Escrow Issuer LLC(1) | 7.13 | 06/01/31 | 650,000 | 666,471 | ||||||||||
| Ryan Specialty LLC(1) | 4.38 | 02/01/30 | 85,000 | 80,735 | ||||||||||
| Ryan Specialty LLC(1) | 5.88 | 08/01/32 | 265,000 | 261,973 | ||||||||||
| USI, Inc./NY(1) | 7.50 | 01/15/32 | 130,000 | 134,425 | ||||||||||
| Wilton RE Ltd.(1),(2) | 6.00 | – | 85,000 | 84,359 | ||||||||||
| 7,817,304 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INTERNET – 0.4% | ||||||||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 5.00 | 05/01/28 | $ | 75,000 | $ | 66,405 | ||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 9.00 | 08/01/29 | 105,000 | 100,603 | ||||||||||
| 167,008 | ||||||||||||||
| INVESTMENT COMPANIES – 3.4% | ||||||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.00 | 01/15/32 | 65,000 | 58,242 | ||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.25 | 04/15/29 | 212,000 | 200,265 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | 160,000 | 133,584 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 320,000 | 303,866 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.25 | 05/15/26 | 153,000 | 152,577 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.00 | 06/15/30 | 160,000 | 151,340 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.75 | 01/15/29 | 150,000 | 148,238 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp.(1) | 10.00 | 11/15/29 | 105,000 | 102,803 | ||||||||||
| Prospect Capital Corp. | 3.36 | 11/15/26 | 70,000 | 65,630 | ||||||||||
| Prospect Capital Corp. | 3.44 | 10/15/28 | 60,000 | 52,534 | ||||||||||
| 1,369,079 | ||||||||||||||
| PIPELINES – 0.4% | ||||||||||||||
| FTAI Infra Escrow Holdings LLC(1) | 10.50 | 06/01/27 | 135,000 | 140,243 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 25.3% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 112,000 | 103,545 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 72,000 | 68,498 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 7.75 | 12/01/29 | 95,000 | 98,769 | ||||||||||
| Brandywine Operating Partnership LP | 3.95 | 11/15/27 | 95,000 | 89,626 | ||||||||||
| Brandywine Operating Partnership LP | 4.55 | 10/01/29 | 75,000 | 68,509 | ||||||||||
| Brandywine Operating Partnership LP | 8.30 | 03/15/28 | 70,000 | 72,421 | ||||||||||
| Brandywine Operating Partnership LP | 8.88 | 04/12/29 | 90,000 | 94,486 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 4.50 | 04/01/27 | 137,000 | 133,054 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 5.75 | 05/15/26 | 180,000 | 178,493 | ||||||||||
| CTR Partnership LP/CareTrust Capital Corp.(1) | 3.88 | 06/30/28 | 85,000 | 82,771 | ||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 105,000 | 81,393 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 115,000 | 102,999 | ||||||||||
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP(1) | 3.75 | 12/15/27 | 105,000 | 98,739 | ||||||||||
| Hudson Pacific Properties LP | 3.25 | 01/15/30 | 90,000 | 59,683 | ||||||||||
| Hudson Pacific Properties LP | 3.95 | 11/01/27 | 85,000 | 73,935 | ||||||||||
| Hudson Pacific Properties LP | 4.65 | 04/01/29 | 105,000 | 75,312 | ||||||||||
| Hudson Pacific Properties LP | 5.95 | 02/15/28 | 70,000 | 58,557 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 154,000 | 144,052 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 235,000 | 217,942 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 212,000 | 209,189 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 205,000 | 197,673 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 105,000 | 102,774 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 175,000 | 172,452 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 275,000 | 266,775 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 130,000 | 126,209 | ||||||||||
| Iron Mountain, Inc.(1) | 6.25 | 01/15/33 | 255,000 | 254,763 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 25.3% (Continued) | ||||||||||||||
| Iron Mountain, Inc.(1) | 7.00 | 02/15/29 | $ | 215,000 | $ | 221,004 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 130,000 | 126,773 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 137,000 | 131,269 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 7.00 | 07/15/31 | 105,000 | 107,988 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 283,000 | 187,847 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 192,000 | 146,471 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 300,000 | 265,272 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp.(1) | 8.50 | 02/15/32 | 320,000 | 325,377 | ||||||||||
| Necessity Retail REIT, Inc./American Finance Operating Partner LP(1) | 4.50 | 09/30/28 | 112,000 | 105,704 | ||||||||||
| Office Properties Income Trust(1) | 3.25 | 03/15/27 | 97,310 | 77,977 | ||||||||||
| Office Properties Income Trust(1) | 9.00 | 03/31/29 | 60,000 | 57,650 | ||||||||||
| Office Properties Income Trust(1) | 9.00 | 09/30/29 | 121,000 | 89,842 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, inc.(1) | 7.00 | 02/01/30 | 120,000 | 120,222 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 4.88 | 05/15/29 | 160,000 | 149,952 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 5.88 | 10/01/28 | 160,000 | 156,310 | ||||||||||
| Pebblebrook Hotel LP/PEB Finance Corp.(1) | 6.38 | 10/15/29 | 80,000 | 78,647 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 137,000 | 131,233 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 150,000 | 147,342 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 04/01/32 | 215,000 | 214,496 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 7.25 | 07/15/28 | 80,000 | 82,281 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 04/01/29 | 165,000 | 164,883 | ||||||||||
| RLJ Lodging Trust LP(1) | 3.75 | 07/01/26 | 110,000 | 107,951 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 110,000 | 99,522 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 320,000 | 296,827 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 326,000 | 319,191 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 92,000 | 81,229 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 80,000 | 59,724 | ||||||||||
| Service Properties Trust | 4.75 | 10/01/26 | 92,000 | 89,182 | ||||||||||
| Service Properties Trust | 4.95 | 02/15/27 | 85,000 | 80,889 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 100,000 | 78,597 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 95,000 | 90,587 | ||||||||||
| Service Properties Trust | 8.38 | 06/15/29 | 150,000 | 146,844 | ||||||||||
| Service Properties Trust(1) | 8.63 | 11/15/31 | 215,000 | 228,319 | ||||||||||
| Service Properties Trust | 8.88 | 06/15/32 | 105,000 | 101,608 | ||||||||||
| Starwood Property Trust, Inc.(1) | 3.63 | 07/15/26 | 85,000 | 83,045 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 105,000 | 103,088 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.00 | 04/15/30 | 85,000 | 84,100 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 07/01/30 | 105,000 | 105,697 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 10/15/30 | 110,000 | 111,263 | ||||||||||
| Starwood Property Trust, Inc.(1) | 7.25 | 04/01/29 | 130,000 | 134,976 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 150,000 | 134,333 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 113,000 | 108,248 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 242,000 | 221,690 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 10.50 | 02/15/28 | 605,000 | 642,861 | ||||||||||
| Vornado Realty LP | 2.15 | 06/01/26 | 85,000 | 81,980 | ||||||||||
| Vornado Realty LP | 3.40 | 06/01/31 | 75,000 | 63,910 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 25.3% (Continued) | ||||||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | $ | 105,000 | $ | 98,806 | ||||||||
| XHR LP(1) | 6.63 | 05/15/30 | 85,000 | 83,834 | ||||||||||
| 10,159,460 | ||||||||||||||
| RETAIL – 0.8% | ||||||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 105,000 | 101,900 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 113,000 | 111,203 | ||||||||||
| FirstCash, Inc.(1) | 6.88 | 03/01/32 | 110,000 | 112,681 | ||||||||||
| 325,784 | ||||||||||||||
| SOFTWARE – 0.2% | ||||||||||||||
| ACI Worldwide, Inc.(1) | 5.75 | 08/15/26 | 85,000 | 84,721 | ||||||||||
| TRANSPORTATION – 0.3% | ||||||||||||||
| Star Leasing Co. LLC(1) | 7.63 | 02/15/30 | 150,000 | 134,754 | ||||||||||
| TRUCKING & LEASING – 1.9% | ||||||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.50 | 05/01/28 | 215,000 | 211,346 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.88 | 04/15/33 | 110,000 | 105,370 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.00 | 05/01/31 | 150,000 | 152,675 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.00 | 06/15/32 | 180,000 | 182,592 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.88 | 12/01/30 | 105,000 | 109,875 | ||||||||||
| 761,858 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $38,910,347) | 39,205,266 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.4% | ||||||||||||||
| TIME DEPOSITS – 0.4% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 152,130 | 152,130 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $152,130) | 152,130 | |||||||||||||
| TOTAL INVESTMENTS – 98.1% (Cost - $39,062,477) | $ | 39,357,396 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.9% | 768,568 | |||||||||||||
| NET ASSETS – 100.0% | $ | 40,125,964 | ||||||||||||
| (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, 2025, amounts to $31,167,526 and represents 77.7% 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.
31
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Energy Sector ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.5% | ||||||||||||||
| CHEMICALS – 0.6% | ||||||||||||||
| Consolidated Energy Finance SA(1) | 5.63 | 10/15/28 | $ | 40,000 | $ | 31,243 | ||||||||
| Consolidated Energy Finance SA(1) | 12.00 | 02/15/31 | 45,000 | 40,623 | ||||||||||
| 71,866 | ||||||||||||||
| GAS – 2.3% | ||||||||||||||
| AltaGas Ltd.(1) | 7.20 | 10/15/54 | 70,000 | 68,538 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.50 | 05/01/33 | 95,000 | 97,539 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.75 | 05/01/33 | 95,000 | 97,633 | ||||||||||
| 263,710 | ||||||||||||||
| OIL & GAS – 48.4% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 7.50 | 10/01/29 | 75,000 | 75,385 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 30,000 | 29,141 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 6.63 | 10/15/32 | 45,000 | 44,576 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 8.25 | 12/31/28 | 40,000 | 40,447 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 9.00 | 11/01/27 | 25,000 | 29,430 | ||||||||||
| Baytex Energy Corp.(1) | 7.38 | 03/15/32 | 45,000 | 38,847 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 60,000 | 55,814 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.00 | 11/15/28 | 97,317 | 81,016 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.38 | 11/15/30 | 52,330 | 42,126 | ||||||||||
| California Resources Corp.(1) | 8.25 | 06/15/29 | 70,000 | 66,845 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 25,000 | 23,469 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 9.75 | 07/15/28 | 25,000 | 22,399 | ||||||||||
| Chord Energy Corp.(1) | 6.75 | 03/15/33 | 55,000 | 53,594 | ||||||||||
| CITGO Petroleum Corp.(1) | 6.38 | 06/15/26 | 50,000 | 49,780 | ||||||||||
| CITGO Petroleum Corp.(1) | 8.38 | 01/15/29 | 85,000 | 85,156 | ||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 30,000 | 29,162 | ||||||||||
| Civitas Resources, Inc.(1) | 8.38 | 07/01/28 | 105,000 | 103,288 | ||||||||||
| Civitas Resources, Inc.(1) | 8.63 | 11/01/30 | 75,000 | 72,364 | ||||||||||
| Civitas Resources, Inc.(1) | 8.75 | 07/01/31 | 105,000 | 99,937 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 38,000 | 36,903 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/01/32 | 45,000 | 45,023 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 40,000 | 40,079 | ||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 75,000 | 67,995 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 90,000 | 85,915 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 30,000 | 28,466 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.38 | 01/15/33 | 80,000 | 70,879 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.63 | 04/01/32 | 80,000 | 72,782 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 75,000 | 75,901 | ||||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 30,000 | 27,415 | ||||||||||
| CVR Energy, Inc.(1) | 8.50 | 01/15/29 | 45,000 | 41,398 | ||||||||||
| Diamond Foreign Asset Co./Diamond Finance LLC(1) | 8.50 | 10/01/30 | 40,000 | 38,284 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.50 | 05/01/28 | 57,000 | 57,092 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.75 | 05/01/31 | 35,000 | 35,683 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 35,000 | 34,453 | ||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | 35,000 | 34,211 | ||||||||||
| Global Marine, Inc. | 7.00 | 06/01/28 | 20,000 | 17,257 | ||||||||||
| Gulfport Energy Operating Corp.(1) | 6.75 | 09/01/29 | 50,000 | 49,337 | ||||||||||
The accompanying notes are an integral part of these financial statements.
32
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 48.4% (Continued) | ||||||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | $ | 45,000 | $ | 42,178 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 41,000 | 37,490 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 45,000 | 40,560 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 45,000 | 43,589 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 40,000 | 34,846 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.88 | 05/15/34 | 35,000 | 29,788 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 7.25 | 02/15/35 | 80,000 | 69,804 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 8.38 | 11/01/33 | 45,000 | 42,850 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 8.13 | 10/15/29 | 55,000 | 55,190 | ||||||||||
| Karoon USA Finance, Inc.(1) | 10.50 | 05/14/29 | 30,000 | 29,582 | ||||||||||
| Kimmeridge Texas Gas LLC(1) | 8.50 | 02/15/30 | 40,000 | 38,457 | ||||||||||
| Kraken Oil & Gas Partners LLC(1) | 7.63 | 08/15/29 | 40,000 | 35,842 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.88 | 12/01/32 | 30,000 | 29,079 | ||||||||||
| Matador Resources Co.(1) | 6.25 | 04/15/33 | 60,000 | 56,784 | ||||||||||
| Matador Resources Co.(1) | 6.50 | 04/15/32 | 70,000 | 67,511 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 35,000 | 34,839 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 45,000 | 43,465 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 8.25 | 09/01/31 | 55,000 | 50,621 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/42 | 25,000 | 18,358 | ||||||||||
| Murphy Oil Corp. | 6.00 | 10/01/32 | 45,000 | 40,987 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 30,000 | 23,904 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 55,000 | 51,906 | ||||||||||
| Nabors Industries, Inc.(1) | 8.88 | 08/15/31 | 40,000 | 27,182 | ||||||||||
| Nabors Industries, Inc.(1) | 9.13 | 01/31/30 | 50,000 | 45,341 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 105,000 | 100,135 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.13 | 03/01/28 | 55,000 | 54,351 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.75 | 06/15/31 | 35,000 | 33,669 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 60,000 | 56,639 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 61,000 | 57,485 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 40,000 | 39,690 | ||||||||||
| Parkland Corp.(1) | 6.63 | 08/15/32 | 40,000 | 39,855 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 60,000 | 53,015 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 7.88 | 09/15/30 | 40,000 | 32,954 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 9.88 | 03/15/30 | 60,000 | 52,883 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 52,000 | 50,834 | ||||||||||
| Permian Resources Operating LLC(1) | 6.25 | 02/01/33 | 80,000 | 78,303 | ||||||||||
| Permian Resources Operating LLC(1) | 7.00 | 01/15/32 | 75,000 | 75,579 | ||||||||||
| Permian Resources Operating LLC(1) | 8.00 | 04/15/27 | 40,000 | 40,735 | ||||||||||
| Permian Resources Operating LLC(1) | 9.88 | 07/15/31 | 27,000 | 29,262 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 30,000 | 28,164 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 38,000 | 35,958 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 45,000 | 46,123 | ||||||||||
| Seadrill Finance Ltd.(1) | 8.38 | 08/01/30 | 45,000 | 42,195 | ||||||||||
| Sitio Royalties Operating Partnership LP/Sitio Finance Corp.(1) | 7.88 | 11/01/28 | 45,000 | 46,290 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 30,000 | 28,787 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 35,000 | 34,423 | ||||||||||
| SM Energy Co. | 6.75 | 09/15/26 | 30,000 | 29,754 | ||||||||||
| SM Energy Co.(1) | 6.75 | 08/01/29 | 55,000 | 51,434 | ||||||||||
The accompanying notes are an integral part of these financial statements.
33
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Energy Sector ETF
Portfolio of Investments (Continued)
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 48.4% (Continued) | ||||||||||||||
| SM Energy Co.(1) | 7.00 | 08/01/32 | $ | 60,000 | $ | 55,374 | ||||||||
| Strathcona Resources Ltd./Alberta(1) | 6.88 | 08/01/26 | 40,000 | 39,267 | ||||||||||
| Sunoco LP(1) | 6.25 | 07/01/33 | 75,000 | 74,961 | ||||||||||
| Sunoco LP(1) | 7.00 | 05/01/29 | 60,000 | 61,747 | ||||||||||
| Sunoco LP(1) | 7.25 | 05/01/32 | 55,000 | 57,089 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 60,000 | 56,918 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 60,000 | 56,524 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 30,000 | 29,883 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 45,000 | 44,891 | ||||||||||
| Sunoco LP/Sunoco Finance Corp.(1) | 7.00 | 09/15/28 | 40,000 | 41,001 | ||||||||||
| Talos Production, Inc.(1) | 9.00 | 02/01/29 | 45,000 | 43,189 | ||||||||||
| Talos Production, Inc.(1) | 9.38 | 02/01/31 | 50,000 | 47,072 | ||||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 30,000 | 28,550 | ||||||||||
| TGNR Intermediate Holdings LLC(1) | 5.50 | 10/15/29 | 55,000 | 50,598 | ||||||||||
| Transocean Aquila Ltd.(1) | 8.00 | 09/30/28 | 24,462 | 24,144 | ||||||||||
| Transocean Poseidon Ltd.(1) | 6.88 | 02/01/27 | 23,625 | 23,473 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 40,714 | 40,370 | ||||||||||
| Transocean, Inc. | 6.80 | 03/15/38 | 50,000 | 30,860 | ||||||||||
| Transocean, Inc. | 7.50 | 04/15/31 | 30,000 | 21,362 | ||||||||||
| Transocean, Inc.(1) | 8.00 | 02/01/27 | 48,000 | 44,629 | ||||||||||
| Transocean, Inc.(1) | 8.25 | 05/15/29 | 65,000 | 52,463 | ||||||||||
| Transocean, Inc.(1) | 8.50 | 05/15/31 | 65,000 | 50,305 | ||||||||||
| Transocean, Inc.(1) | 8.75 | 02/15/30 | 76,000 | 74,349 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 85,000 | 79,723 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 31,000 | 27,127 | ||||||||||
| Vermilion Energy, Inc.(1) | 7.25 | 02/15/33 | 30,000 | 25,212 | ||||||||||
| Viper Energy, Inc.(1) | 5.38 | 11/01/27 | 35,000 | 34,846 | ||||||||||
| Viper Energy, Inc.(1) | 7.38 | 11/01/31 | 30,000 | 31,172 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 24,000 | 20,267 | ||||||||||
| Vital Energy, Inc.(1) | 7.88 | 04/15/32 | 75,000 | 58,340 | ||||||||||
| Vital Energy, Inc. | 9.75 | 10/15/30 | 25,000 | 21,213 | ||||||||||
| W&T Offshore, Inc.(1) | 10.75 | 02/01/29 | 25,000 | 19,736 | ||||||||||
| Wildfire Intermediate Holdings LLC(1) | 7.50 | 10/15/29 | 45,000 | 41,288 | ||||||||||
| 5,438,462 | ||||||||||||||
| OIL & GAS SERVICES – 6.2% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 60,000 | 59,954 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.63 | 09/01/32 | 55,000 | 54,749 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 20,000 | 19,991 | ||||||||||
| Aris Water Holdings LLC(1) | 7.25 | 04/01/30 | 40,000 | 39,731 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 30,000 | 29,140 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 44,000 | 45,156 | ||||||||||
| Helix Energy Solutions Group, Inc.(1) | 9.75 | 03/01/29 | 25,000 | 25,337 | ||||||||||
| Kodiak Gas Services LLC(1) | 7.25 | 02/15/29 | 55,000 | 55,912 | ||||||||||
| Nine Energy Service, Inc. | 13.00 | 02/01/28 | 25,000 | 14,710 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 25,000 | 23,792 | ||||||||||
| TGS ASA(1) | 8.50 | 01/15/30 | 40,000 | 39,723 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 09/01/27 | 57,000 | 56,571 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 7.13 | 03/15/29 | 75,000 | 75,800 | ||||||||||
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 (Continued)
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS SERVICES – 6.2% (Continued) | ||||||||||||||
| Viridien(1) | 10.00 | 10/15/30 | $ | 35,000 | $ | 33,135 | ||||||||
| Weatherford International Ltd.(1) | 8.63 | 04/30/30 | 119,000 | 118,051 | ||||||||||
| 691,752 | ||||||||||||||
| PIPELINES – 39.4% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 58,000 | 56,667 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 50,000 | 49,865 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 50,000 | 49,745 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 6.63 | 02/01/32 | 45,000 | 45,514 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 6.63 | 07/15/26 | 20,000 | 19,927 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.00 | 07/15/29 | 40,000 | 40,734 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.25 | 07/15/32 | 40,000 | 41,055 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 45,000 | 43,915 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 30,000 | 28,850 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 35,000 | 33,778 | ||||||||||
| Buckeye Partners LP | 5.60 | 10/15/44 | 20,000 | 16,405 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 35,000 | 29,420 | ||||||||||
| Buckeye Partners LP(1) | 6.75 | 02/01/30 | 35,000 | 35,646 | ||||||||||
| Buckeye Partners LP(1) | 6.88 | 07/01/29 | 50,000 | 50,990 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 30,000 | 27,642 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 105,000 | 100,871 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 7.50 | 12/15/33 | 40,000 | 42,127 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | 30,000 | 29,671 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 8.63 | 03/15/29 | 80,000 | 82,204 | ||||||||||
| DT Midstream, Inc.(1) | 4.13 | 06/15/29 | 85,000 | 79,878 | ||||||||||
| DT Midstream, Inc.(1) | 4.38 | 06/15/31 | 75,000 | 69,155 | ||||||||||
| Energy Transfer LP | 7.13 | 10/01/54 | 30,000 | 29,820 | ||||||||||
| Energy Transfer LP | 8.00 | 05/15/54 | 60,000 | 62,343 | ||||||||||
| Excelerate Energy LP(1) | 8.00 | 05/15/30 | 60,000 | 61,010 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 55,000 | 54,849 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.88 | 05/15/32 | 55,000 | 53,595 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 05/15/33 | 45,000 | 43,710 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25 | 01/15/29 | 45,000 | 45,778 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.88 | 04/15/30 | 35,000 | 35,764 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 6.88 | 01/15/29 | 25,000 | 24,950 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 7.00 | 08/01/27 | 30,000 | 29,811 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 8.25 | 01/15/32 | 35,000 | 35,665 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 60,000 | 60,786 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 05/15/32 | 40,000 | 40,752 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 55,000 | 51,685 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 40,000 | 39,201 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 35,000 | 34,215 | ||||||||||
| Hess Midstream Operations LP(1) | 5.88 | 03/01/28 | 55,000 | 55,162 | ||||||||||
| Hess Midstream Operations LP(1) | 6.50 | 06/01/29 | 50,000 | 50,827 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 7.38 | 07/15/32 | 45,000 | 46,111 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 8.88 | 07/15/28 | 40,000 | 41,608 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 96,000 | 87,783 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 80,000 | 78,246 | ||||||||||
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, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 39.4% (Continued) | ||||||||||||||
| Kinetik Holdings LP(1) | 6.63 | 12/15/28 | $ | 75,000 | $ | 75,612 | ||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | 30,000 | 31,262 | ||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | 40,000 | 32,807 | ||||||||||
| NFE Financing LLC(1) | 12.00 | 11/15/29 | 205,000 | 141,375 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.13 | 02/15/29 | 70,000 | 65,865 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.38 | 02/15/32 | 100,000 | 91,281 | ||||||||||
| Northriver Midstream Finance LP(1) | 6.75 | 07/15/32 | 45,000 | 44,765 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 43,000 | 42,901 | ||||||||||
| NuStar Logistics LP | 6.00 | 06/01/26 | 40,000 | 40,047 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 45,000 | 45,730 | ||||||||||
| Prairie Acquiror LP(1) | 9.00 | 08/01/29 | 30,000 | 30,273 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | 25,000 | 23,448 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 45,000 | 43,068 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.75 | 03/15/33 | 40,000 | 40,691 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.88 | 04/15/40 | 40,000 | 37,799 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 15,000 | 14,737 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd.(1) | 7.50 | 03/01/55 | 50,000 | 49,199 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd.(1) | 7.63 | 03/01/55 | 35,000 | 35,004 | ||||||||||
| Summit Midstream Holdings LLC(1) | 8.63 | 10/31/29 | 65,000 | 64,109 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 60,000 | 58,390 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 03/01/27 | 30,000 | 29,641 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 55,000 | 51,269 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 36,000 | 33,222 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.38 | 02/15/29 | 60,000 | 59,841 | ||||||||||
| TransMontaigne Partners LLC(1) | 8.50 | 06/15/30 | 40,000 | 40,318 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 95,000 | 87,117 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 97,000 | 81,918 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 95,000 | 85,441 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 75,000 | 75,095 | ||||||||||
| Venture Global LNG, Inc.(1) | 7.00 | 01/15/30 | 115,000 | 108,424 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.13 | 06/01/28 | 170,000 | 168,967 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.38 | 06/01/31 | 170,000 | 164,099 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.50 | 02/01/29 | 230,000 | 238,477 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.88 | 02/01/32 | 155,000 | 157,478 | ||||||||||
| 4,427,400 | ||||||||||||||
| RETAIL – 0.6% | ||||||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 45,000 | 42,066 | ||||||||||
| Vivo Energy Investments BV(1) | 5.13 | 09/24/27 | 25,000 | 24,371 | ||||||||||
| 66,437 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $11,538,030) | 10,959,627 | |||||||||||||
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, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 3.9% | ||||||||||||||
| TIME DEPOSITS – 3.9% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | $ | 433,814 | $ | 433,814 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $433,814) | 433,814 | |||||||||||||
| TOTAL INVESTMENTS – 101.4% (Cost - $11,971,844) | $ | 11,393,441 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (1.4)% | (158,462 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 11,234,979 | ||||||||||||
| (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, 2025, amounts to $9,706,311 and represents 86.4% 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.
37
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Consumer Cyclicals Sector ETF
Portfolio of Investments
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.4% | ||||||||||||||
| APPAREL – 3.1% | ||||||||||||||
| Champ Acquisition Corp.(1) | 8.38 | 12/01/31 | $ | 115,000 | $ | 121,437 | ||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | 87,000 | 76,160 | ||||||||||
| Crocs, Inc.(1) | 4.25 | 03/15/29 | 75,000 | 69,691 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 140,000 | 145,205 | ||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 89,000 | 81,883 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 110,000 | 96,528 | ||||||||||
| Under Armour, Inc. | 3.25 | 06/15/26 | 140,000 | 135,643 | ||||||||||
| VF Corp. | 2.80 | 04/23/27 | 120,000 | 111,488 | ||||||||||
| VF Corp. | 2.95 | 04/23/30 | 165,000 | 136,019 | ||||||||||
| VF Corp. | 6.00 | 10/15/33 | 75,000 | 64,554 | ||||||||||
| VF Corp. | 6.45 | 11/01/37 | 55,000 | 46,200 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 115,000 | 112,096 | ||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 120,000 | 100,038 | ||||||||||
| 1,296,942 | ||||||||||||||
| AUTO MANUFACTURERS – 7.1% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 230,000 | 206,840 | ||||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 90,000 | 88,419 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 112,000 | 112,039 | ||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.00 | 03/31/29 | 240,000 | 206,505 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | 110,000 | 105,198 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | 102,000 | 97,870 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 125,000 | 123,481 | ||||||||||
| McLaren Finance PLC(1) | 7.50 | 08/01/26 | 141,000 | 141,383 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 1.85 | 09/16/26 | 230,000 | 217,304 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.45 | 09/15/28 | 85,000 | 75,188 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.75 | 03/09/28 | 145,000 | 132,246 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.30 | 09/13/27 | 90,000 | 88,302 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.55 | 09/13/29 | 65,000 | 62,889 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 6.95 | 09/15/26 | 70,000 | 70,663 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 7.05 | 09/15/28 | 160,000 | 163,723 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.35 | 09/17/27 | 575,000 | 552,193 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.81 | 09/17/30 | 575,000 | 531,795 | ||||||||||
| 2,976,038 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 10.7% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 115,000 | 116,114 | ||||||||||
| Adient Global Holdings Ltd.(1) | 7.50 | 02/15/33 | 180,000 | 170,713 | ||||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 115,000 | 113,954 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 135,000 | 118,594 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 105,000 | 102,541 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 104,000 | 100,229 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 6.88 | 12/15/54 | 115,000 | 107,844 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.25 | 05/15/26 | 105,000 | 105,427 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 175,000 | 177,885 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 02/15/30 | 160,000 | 162,928 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 8.50 | 05/15/27 | 345,000 | 346,914 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 97,000 | 89,561 | ||||||||||
| Dana, Inc. | 4.50 | 02/15/32 | 78,000 | 70,255 | ||||||||||
The accompanying notes are an integral part of these financial statements.
38
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Consumer Cyclicals Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO PARTS & EQUIPMENT – 10.7% (Continued) | ||||||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | $ | 94,000 | $ | 93,449 | ||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 89,000 | 88,340 | ||||||||||
| Forvia SE(1) | 8.00 | 06/15/30 | 115,000 | 114,635 | ||||||||||
| Garrett Motion Holdings, Inc./Garrett LX I Sarl(1) | 7.75 | 05/31/32 | 185,000 | 184,829 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 165,000 | 162,745 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 05/31/26 | 205,000 | 204,189 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 200,000 | 190,454 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 128,000 | 119,373 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 137,000 | 127,729 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 99,000 | 91,531 | ||||||||||
| Phinia, Inc.(1) | 6.63 | 10/15/32 | 90,000 | 88,415 | ||||||||||
| Phinia, Inc.(1) | 6.75 | 04/15/29 | 131,000 | 132,562 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 145,000 | 108,323 | ||||||||||
| Tenneco, Inc.(1) | 8.00 | 11/17/28 | 435,000 | 415,990 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.75 | 04/23/30 | 185,000 | 169,001 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 155,000 | 148,212 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/23/32 | 160,000 | 140,595 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 130,000 | 119,766 | ||||||||||
| 4,483,097 | ||||||||||||||
| COMMERCIAL SERVICES – 2.2% | ||||||||||||||
| Belron UK Finance PLC(1) | 5.75 | 10/15/29 | 255,000 | 254,929 | ||||||||||
| Champions Financing, Inc.(1) | 8.75 | 02/15/29 | 140,000 | 123,369 | ||||||||||
| Mavis Tire Express Services Topco Corp.(1) | 6.50 | 05/15/29 | 166,000 | 153,324 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 105,000 | 99,222 | ||||||||||
| Wand NewCo 3, Inc.(1) | 7.63 | 01/30/32 | 290,000 | 299,082 | ||||||||||
| 929,926 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.5% | ||||||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 120,000 | 116,561 | ||||||||||
| Velocity Vehicle Group LLC(1) | 8.00 | 06/01/29 | 120,000 | 121,356 | ||||||||||
| 237,917 | ||||||||||||||
| ENTERTAINMENT – 20.0% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 120,000 | 86,150 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 220,000 | 152,002 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 152,000 | 144,822 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 275,000 | 254,146 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.00 | 10/15/32 | 250,000 | 235,842 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.50 | 02/15/32 | 350,000 | 352,136 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 453,000 | 463,994 | ||||||||||
| Caesars Entertainment, Inc.(1) | 8.13 | 07/01/27 | 129,000 | 129,492 | ||||||||||
| CCM Merger, Inc.(1) | 6.38 | 05/01/26 | 62,000 | 62,124 | ||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | 160,000 | 155,187 | ||||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 136,000 | 134,810 | ||||||||||
| Churchill Downs, Inc.(1) | 5.75 | 04/01/30 | 262,000 | 256,485 | ||||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | 155,000 | 156,740 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 156,000 | 153,318 | ||||||||||
The accompanying notes are an integral part of these financial statements.
39
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Consumer Cyclicals Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENTERTAINMENT – 20.0% (Continued) | ||||||||||||||
| Cinemark USA, Inc.(1) | 7.00 | 08/01/32 | $ | 130,000 | $ | 133,059 | ||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 68,000 | 64,727 | ||||||||||
| Everi Holdings, Inc.(1) | 5.00 | 07/15/29 | 94,000 | 94,392 | ||||||||||
| Great Canadian Gaming Corp.(1) | 8.75 | 11/15/29 | 125,000 | 124,047 | ||||||||||
| International Game Technology PLC(1) | 5.25 | 01/15/29 | 165,000 | 161,470 | ||||||||||
| International Game Technology PLC(1) | 6.25 | 01/15/27 | 175,000 | 175,948 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 120,000 | 109,334 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.00 | 05/15/28 | 157,000 | 157,175 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.25 | 11/15/29 | 121,000 | 123,481 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.50 | 09/01/31 | 125,000 | 128,526 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 120,000 | 115,013 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | 213,000 | 208,685 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 277,000 | 280,216 | ||||||||||
| Merlin Entertainments Group US Holdings, Inc.(1) | 7.38 | 02/15/31 | 110,000 | 102,569 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 167,000 | 157,816 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 8.25 | 04/15/30 | 175,000 | 175,136 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 11.88 | 04/15/31 | 155,000 | 153,238 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 100,000 | 94,676 | ||||||||||
| Motion FinCo. Sarl(1) | 8.38 | 02/15/32 | 95,000 | 90,032 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 90,000 | 91,566 | ||||||||||
| Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.(1) | 8.00 | 08/01/30 | 95,000 | 91,509 | ||||||||||
| Penn Entertainment, Inc.(1) | 4.13 | 07/01/29 | 87,000 | 76,389 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 100,000 | 98,496 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 182,000 | 107,380 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 162,000 | 85,050 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 262,000 | 225,720 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 75,000 | 60,184 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 8.45 | 07/27/30 | 70,000 | 68,118 | ||||||||||
| Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.(1) | 6.63 | 02/01/33 | 140,000 | 138,289 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 183,000 | 174,395 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 162,000 | 154,136 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.25 | 07/15/29 | 120,000 | 114,215 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.38 | 04/15/27 | 100,000 | 99,594 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 6.50 | 10/01/28 | 77,000 | 77,467 | ||||||||||
| Six Flags Entertainment Corp./DE(1) | 5.50 | 04/15/27 | 120,000 | 118,799 | ||||||||||
| Six Flags Entertainment Corp./DE(1) | 7.25 | 05/15/31 | 185,000 | 187,689 | ||||||||||
| Six Flags Entertainment Corp./Six Flags Theme Parks, Inc./Canada’s Wonderland Co.(1) | 6.63 | 05/01/32 | 195,000 | 196,910 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 83,000 | 79,675 | ||||||||||
| Universal Entertainment Corp.(1) | 9.88 | 08/01/29 | 75,000 | 72,291 | ||||||||||
| Vail Resorts, Inc.(1) | 6.50 | 05/15/32 | 140,000 | 141,910 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 172,000 | 166,021 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 6.25 | 03/15/33 | 195,000 | 188,629 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 220,000 | 227,173 | ||||||||||
| 8,428,393 | ||||||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOREST PRODUCTS & PAPER – 0.6% | ||||||||||||||
| Magnera Corp.(1) | 4.75 | 11/15/29 | $ | 80,000 | $ | 69,814 | ||||||||
| Magnera Corp.(1) | 7.25 | 11/15/31 | 215,000 | 203,521 | ||||||||||
| 273,335 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.3% | ||||||||||||||
| Benteler International AG(1) | 10.50 | 05/15/28 | 115,000 | 117,532 | ||||||||||
| HOME BUILDERS – 0.7% | ||||||||||||||
| Forestar Group, Inc.(1) | 5.00 | 03/01/28 | 70,000 | 68,077 | ||||||||||
| Forestar Group, Inc.(1) | 6.50 | 03/15/33 | 115,000 | 111,956 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 115,000 | 103,572 | ||||||||||
| 283,605 | ||||||||||||||
| INTERNET – 4.4% | ||||||||||||||
| GrubHub Holdings, Inc.(1) | 5.50 | 07/01/27 | 115,000 | 104,050 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 5.13 | – | 175,000 | 165,910 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | – | 230,000 | 202,004 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 8.13 | – | 125,000 | 118,200 | ||||||||||
| Rakuten Group, Inc.(1) | 9.75 | 04/15/29 | 460,000 | 486,506 | ||||||||||
| Rakuten Group, Inc.(1) | 11.25 | 02/15/27 | 415,000 | 444,880 | ||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 185,000 | 169,441 | ||||||||||
| Wayfair LLC(1) | 7.75 | 09/15/30 | 160,000 | 146,373 | ||||||||||
| 1,837,364 | ||||||||||||||
| LEISURE TIME – 15.4% | ||||||||||||||
| Carnival Corp.(1) | 5.75 | 03/01/27 | 628,000 | 626,252 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/15/30 | 230,000 | 228,545 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 462,000 | 459,772 | ||||||||||
| Carnival Corp.(1) | 6.13 | 02/15/33 | 460,000 | 456,398 | ||||||||||
| Life Time, Inc.(1) | 6.00 | 11/15/31 | 115,000 | 114,734 | ||||||||||
| Lindblad Expeditions Holdings, Inc.(1) | 9.00 | 05/15/28 | 65,000 | 66,853 | ||||||||||
| Lindblad Expeditions LLC(1) | 6.75 | 02/15/27 | 83,000 | 82,802 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 02/15/27 | 230,000 | 229,086 | ||||||||||
| NCL Corp. Ltd.(1) | 6.25 | 03/01/30 | 75,000 | 73,227 | ||||||||||
| NCL Corp. Ltd.(1) | 6.75 | 02/01/32 | 415,000 | 405,507 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 135,000 | 139,447 | ||||||||||
| NCL Corp. Ltd.(1) | 8.13 | 01/15/29 | 180,000 | 188,624 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 122,000 | 121,215 | ||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | 120,000 | 115,110 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 4.25 | 07/01/26 | 150,000 | 148,054 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.38 | 07/15/27 | 227,000 | 226,895 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 230,000 | 230,266 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 04/01/28 | 342,000 | 341,905 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.63 | 09/30/31 | 345,000 | 342,604 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 6.00 | 02/01/33 | 455,000 | 456,566 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 6.25 | 03/15/32 | 285,000 | 289,514 | ||||||||||
| Royal Caribbean Cruises Ltd. | 7.50 | 10/15/27 | 77,000 | 81,146 | ||||||||||
| Sabre GLBL, Inc.(1) | 8.63 | 06/01/27 | 145,000 | 138,933 | ||||||||||
| Sabre GLBL, Inc.(1) | 10.75 | 11/15/29 | 198,000 | 189,337 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 09/15/27 | 190,000 | 189,763 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| LEISURE TIME – 15.4% (Continued) | ||||||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | $ | 115,000 | $ | 115,520 | ||||||||
| Viking Cruises Ltd.(1) | 9.13 | 07/15/31 | 155,000 | 165,855 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 92,000 | 91,155 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 155,000 | 152,148 | ||||||||||
| 6,467,233 | ||||||||||||||
| LODGING – 11.6% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | 230,000 | 225,709 | ||||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 208,000 | 194,124 | ||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 93,000 | 87,134 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 7.25 | 10/01/29 | 140,000 | 140,011 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 337,000 | 298,416 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 185,000 | 174,124 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 252,000 | 231,326 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 230,000 | 225,587 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 117,000 | 117,171 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 04/01/29 | 125,000 | 126,396 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 03/15/33 | 235,000 | 235,037 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 6.13 | 04/01/32 | 110,000 | 111,566 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 4.88 | 07/01/31 | 110,000 | 95,832 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 5.00 | 06/01/29 | 208,000 | 192,541 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 6.63 | 01/15/32 | 205,000 | 201,059 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 135,000 | 134,606 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 102,000 | 93,139 | ||||||||||
| Marriott Ownership Resorts, Inc. | 4.75 | 01/15/28 | 90,000 | 85,388 | ||||||||||
| MGM Resorts International | 4.63 | 09/01/26 | 95,000 | 94,283 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 190,000 | 183,400 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 138,000 | 137,693 | ||||||||||
| MGM Resorts International | 6.13 | 09/15/29 | 195,000 | 194,298 | ||||||||||
| MGM Resorts International | 6.50 | 04/15/32 | 170,000 | 167,639 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 156,000 | 150,647 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 120,000 | 108,571 | ||||||||||
| Station Casinos LLC(1) | 6.63 | 03/15/32 | 110,000 | 109,465 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 145,000 | 136,031 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 87,000 | 81,090 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 90,000 | 90,587 | ||||||||||
| Travel + Leisure Co.(1) | 6.63 | 07/31/26 | 147,000 | 148,144 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 110,000 | 105,745 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 203,000 | 201,104 | ||||||||||
| 4,877,863 | ||||||||||||||
| OIL & GAS SERVICES – 0.2% | ||||||||||||||
| Star Holding LLC(1) | 8.75 | 08/01/31 | 80,000 | 73,400 | ||||||||||
| REAL ESTATE – 4.4% | ||||||||||||||
| Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.(1) | 7.00 | 04/15/30 | 155,200 | 137,836 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 95,000 | 69,898 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 129,000 | 102,007 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 161,000 | 161,901 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 8.88 | 09/01/31 | 80,000 | 85,665 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE – 4.4% (Continued) | ||||||||||||||
| Five Point Operating Co. LP/Five Point Capital Corp.(1),(3) | 10.50 | 01/15/28 | $ | 121,402 | $ | 123,545 | ||||||||
| Greystar Real Estate Partners LLC(1) | 7.75 | 09/01/30 | 95,000 | 99,847 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 137,000 | 125,616 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 165,000 | 146,465 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 172,000 | 165,868 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 146,000 | 138,831 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 134,000 | 120,829 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 138,000 | 121,847 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 145,000 | 124,216 | ||||||||||
| Newmark Group, Inc. | 7.50 | 01/12/29 | 115,000 | 120,317 | ||||||||||
| 1,844,688 | ||||||||||||||
| RETAIL – 17.2% | ||||||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 93,000 | 92,934 | ||||||||||
| Advance Auto Parts, Inc. | 1.75 | 10/01/27 | 85,000 | 76,494 | ||||||||||
| Advance Auto Parts, Inc. | 3.50 | 03/15/32 | 85,000 | 71,103 | ||||||||||
| Advance Auto Parts, Inc. | 3.90 | 04/15/30 | 110,000 | 99,084 | ||||||||||
| Advance Auto Parts, Inc. | 5.95 | 03/09/28 | 65,000 | 64,520 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 95,000 | 92,050 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 180,000 | 169,478 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 105,000 | 98,302 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 136,000 | 124,061 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 112,000 | 111,484 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 192,000 | 195,577 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 60,000 | 61,198 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 135,000 | 133,023 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 180,000 | 180,354 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 65,000 | 64,458 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 110,000 | 112,570 | ||||||||||
| Cougar JV Subsidiary LLC(1) | 8.00 | 05/15/32 | 155,000 | 160,938 | ||||||||||
| Evergreen Acqco 1 LP/TVI, Inc.(1) | 9.75 | 04/26/28 | 95,000 | 98,201 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 228,000 | 211,434 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 287,000 | 251,411 | ||||||||||
| Foot Locker, Inc.(1) | 4.00 | 10/01/29 | 94,000 | 76,314 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 177,000 | 160,267 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 172,000 | 149,077 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.38 | 01/15/29 | 135,000 | 119,280 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.75 | 01/15/32 | 120,000 | 96,226 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 11.50 | 08/15/29 | 110,000 | 105,739 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 177,000 | 168,435 | ||||||||||
| Group 1 Automotive, Inc.(1) | 6.38 | 01/15/30 | 110,000 | 111,330 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 93,000 | 89,894 | ||||||||||
| Kohl’s Corp. | 4.63 | 05/01/31 | 117,000 | 74,440 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 99,000 | 47,530 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 205,000 | 194,029 | ||||||||||
| LCM Investments Holdings II LLC(1) | 8.25 | 08/01/31 | 220,000 | 230,320 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 177,000 | 164,547 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 135,000 | 124,119 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 17.2% (Continued) | ||||||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | $ | 90,000 | $ | 87,471 | ||||||||
| Macy’s Retail Holdings LLC | 4.30 | 02/15/43 | 55,000 | 33,076 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 80,000 | 61,014 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 68,000 | 44,734 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 04/01/29 | 60,000 | 56,984 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 110,000 | 102,567 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 100,000 | 90,198 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 193,000 | 101,534 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 247,000 | 86,122 | ||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 71,000 | 68,164 | ||||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 100,000 | 86,080 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 112,000 | 100,321 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 224,000 | 159,150 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 73,000 | 73,894 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 115,000 | 106,747 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 4.75 | 02/15/28 | 277,000 | 265,056 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 7.75 | 02/15/29 | 265,000 | 247,212 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 93,000 | 45,704 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 72,000 | 32,686 | ||||||||||
| QVC, Inc.(1) | 6.88 | 04/15/29 | 135,000 | 89,792 | ||||||||||
| Saks Global Enterprises LLC(1) | 11.00 | 12/15/29 | 505,000 | 306,867 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 6.75 | 03/01/32 | 140,000 | 141,201 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 148,000 | 138,992 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 115,000 | 105,085 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 140,000 | 122,262 | ||||||||||
| Victra Holdings LLC/Victra Finance Corp.(1) | 8.75 | 09/15/29 | 100,000 | 101,651 | ||||||||||
| 7,234,785 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $42,480,744) | 41,362,118 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 193,170 | 193,170 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $193,170) | 193,170 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $42,673,914) | $ | 41,555,288 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 471,748 | |||||||||||||
| NET ASSETS – 100.0% | $ | 42,027,036 | ||||||||||||
| (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, 2025, amounts to $34,448,068 and represents 82.0% 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, 2025. |
The accompanying notes are an integral part of these financial statements.
44
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Consumer Non-Cyclicals Sector ETF
Portfolio of Investments
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| AGRICULTURE – 1.5% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | $ | 98,000 | $ | 97,022 | ||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 192,000 | 191,650 | ||||||||||
| Turning Point Brands, Inc.(1) | 7.63 | 03/15/32 | 55,000 | 57,291 | ||||||||||
| 345,963 | ||||||||||||||
| BEVERAGES – 1.1% | ||||||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 142,000 | 134,921 | ||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 137,000 | 136,431 | ||||||||||
| 271,352 | ||||||||||||||
| BUILDING MATERIALS – 0.6% | ||||||||||||||
| Masterbrand, Inc.(1) | 7.00 | 07/15/32 | 135,000 | 135,489 | ||||||||||
| CHEMICALS – 0.7% | ||||||||||||||
| Cerdia Finanz GmbH(1) | 9.38 | 10/03/31 | 175,000 | 176,531 | ||||||||||
| COSMETICS/PERSONAL CARE – 1.0% | ||||||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 98,000 | 91,712 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 142,000 | 139,661 | ||||||||||
| 231,373 | ||||||||||||||
| ELECTRIC – 33.1% | ||||||||||||||
| AES Corp. | 6.95 | 07/15/55 | 95,000 | 88,833 | ||||||||||
| AES Corp. | 7.60 | 01/15/55 | 185,000 | 183,254 | ||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 147,000 | 138,108 | ||||||||||
| Alpha Generation LLC(1) | 6.75 | 10/15/32 | 195,000 | 198,900 | ||||||||||
| Atlantica Sustainable Infrastructure PLC(1) | 4.13 | 06/15/28 | 77,000 | 73,213 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 176,000 | 162,982 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 246,000 | 240,816 | ||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 125,000 | 120,987 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 160,000 | 154,031 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 265,000 | 262,717 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 185,000 | 164,849 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 66,000 | 57,285 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 160,000 | 156,512 | ||||||||||
| ContourGlobal Power Holdings SA(1) | 6.75 | 02/28/30 | 100,000 | 101,316 | ||||||||||
| DPL, Inc. | 4.35 | 04/15/29 | 77,000 | 73,498 | ||||||||||
| Edison International | 7.88 | 06/15/54 | 90,000 | 84,492 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 95,000 | 90,691 | ||||||||||
| Electricite de France SA(1),(2) | 9.13 | – | 290,000 | 325,083 | ||||||||||
| Emera, Inc. | 6.75 | 06/15/76 | 235,000 | 235,906 | ||||||||||
| EUSHI Finance, Inc. | 7.63 | 12/15/54 | 95,000 | 95,661 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 71,000 | 62,280 | ||||||||||
| Lightning Power LLC(1) | 7.25 | 08/15/32 | 290,000 | 300,703 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 91,000 | 84,455 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 197,000 | 177,203 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 90,000 | 80,563 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 147,000 | 145,411 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 155,000 | 155,737 | ||||||||||
| NRG Energy, Inc.(1) | 5.75 | 07/15/29 | 150,000 | 150,044 | ||||||||||
The accompanying notes are an integral part of these financial statements.
45
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Consumer Non-Cyclicals Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 33.1% (Continued) | ||||||||||||||
| NRG Energy, Inc.(1) | 6.00 | 02/01/33 | $ | 190,000 | $ | 188,154 | ||||||||
| NRG Energy, Inc.(1) | 6.25 | 11/01/34 | 180,000 | 179,861 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 121,000 | 115,080 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 192,000 | 187,450 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 192,000 | 185,140 | ||||||||||
| PG&E Corp. | 7.38 | 03/15/55 | 290,000 | 282,254 | ||||||||||
| Talen Energy Supply LLC(1) | 8.63 | 06/01/30 | 230,000 | 245,801 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 60,000 | 55,357 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 72,000 | 75,062 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 236,000 | 227,226 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 242,000 | 240,101 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.50 | 09/01/26 | 192,000 | 191,630 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 252,000 | 252,054 | ||||||||||
| Vistra Operations Co. LLC(1) | 6.88 | 04/15/32 | 195,000 | 202,136 | ||||||||||
| Vistra Operations Co. LLC(1) | 7.75 | 10/15/31 | 290,000 | 306,835 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 3.88 | 10/15/26 | 98,000 | 94,641 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 4.50 | 09/15/27 | 104,000 | 98,427 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 7.25 | 01/15/29 | 145,000 | 143,666 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.38 | 01/15/31 | 165,000 | 165,765 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.63 | 03/15/33 | 175,000 | 174,778 | ||||||||||
| 7,776,948 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.3% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 153,000 | 142,957 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 110,000 | 106,105 | ||||||||||
| Energizer Holdings, Inc.(1) | 6.50 | 12/31/27 | 60,000 | 60,343 | ||||||||||
| 309,405 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 1.5% | ||||||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 132,000 | 124,538 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 137,000 | 133,561 | ||||||||||
| Topaz Solar Farms LLC(1) | 5.75 | 09/30/39 | 96,126 | 89,921 | ||||||||||
| 348,020 | ||||||||||||||
| FOOD – 25.7% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 258,000 | 241,009 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 263,000 | 260,293 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 197,000 | 190,564 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 142,000 | 142,036 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.25 | 03/15/33 | 115,000 | 116,800 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 145,000 | 147,451 | ||||||||||
| Aragvi Finance International DAC(1) | 11.13 | 11/20/29 | 125,000 | 124,468 | ||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 109,000 | 102,431 | ||||||||||
| B&G Foods, Inc.(1) | 8.00 | 09/15/28 | 150,000 | 149,008 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 77,000 | 64,490 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 82,000 | 80,707 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.63 | 07/01/29 | 95,000 | 99,621 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 7.88 | 03/01/31 | 90,000 | 94,393 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 9.63 | 09/15/32 | 90,000 | 94,332 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 66,000 | 59,805 | ||||||||||
The accompanying notes are an integral part of these financial statements.
46
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Consumer Non-Cyclicals Sector ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 25.7% (Continued) | ||||||||||||||
| KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc.(1) | 9.00 | 02/15/29 | $ | 190,000 | $ | 194,608 | ||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 185,000 | 173,765 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 135,000 | 123,812 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 97,000 | 95,722 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 192,000 | 181,986 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 202,000 | 200,560 | ||||||||||
| Performance Food Group, Inc.(1) | 6.13 | 09/15/32 | 195,000 | 195,302 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 170,000 | 151,015 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 165,000 | 156,155 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 195,000 | 203,338 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 95,000 | 103,070 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 186,000 | 169,462 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 263,000 | 248,198 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 240,000 | 235,899 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 02/15/32 | 195,000 | 196,755 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 10/15/34 | 115,000 | 114,333 | ||||||||||
| Post Holdings, Inc.(1) | 6.38 | 03/01/33 | 235,000 | 232,946 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 50,000 | 51,453 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 165,000 | 153,519 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 98,000 | 88,031 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 93,000 | 91,416 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 98,000 | 93,452 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 170,000 | 165,341 | ||||||||||
| US Foods, Inc.(1) | 5.75 | 04/15/33 | 95,000 | 93,291 | ||||||||||
| US Foods, Inc.(1) | 6.88 | 09/15/28 | 95,000 | 97,495 | ||||||||||
| US Foods, Inc.(1) | 7.25 | 01/15/32 | 100,000 | 104,736 | ||||||||||
| Viking Baked Goods Acquisition Corp.(1) | 8.63 | 11/01/31 | 175,000 | 166,669 | ||||||||||
| 6,049,737 | ||||||||||||||
| GAS – 1.4% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 98,000 | 93,784 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.88 | 08/20/26 | 132,000 | 130,525 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.38 | 06/01/28 | 95,000 | 94,521 | ||||||||||
| 318,830 | ||||||||||||||
| HOME FURNISHINGS – 1.2% | ||||||||||||||
| Somnigroup International, Inc.(1) | 3.88 | 10/15/31 | 155,000 | 136,251 | ||||||||||
| Somnigroup International, Inc.(1) | 4.00 | 04/15/29 | 152,000 | 141,306 | ||||||||||
| 277,557 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 1.9% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | 110,000 | 95,749 | ||||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 103,000 | 94,463 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 77,000 | 69,394 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 55,000 | 54,428 | ||||||||||
| Kronos Acquisition Holdings, Inc.(1) | 8.25 | 06/30/31 | 105,000 | 86,942 | ||||||||||
| Kronos Acquisition Holdings, Inc.(1) | 10.75 | 06/30/32 | 85,000 | 51,089 | ||||||||||
| 452,065 | ||||||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOUSEWARES – 4.1% | ||||||||||||||
| CD&R Smokey Buyer, Inc./Radio Systems Corp.(1) | 9.50 | 10/15/29 | $ | 150,000 | $ | 128,914 | ||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 99,000 | 96,816 | ||||||||||
| Newell Brands, Inc. | 6.38 | 05/15/30 | 140,000 | 127,791 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 93,000 | 87,415 | ||||||||||
| Newell Brands, Inc. | 6.63 | 05/15/32 | 95,000 | 85,403 | ||||||||||
| Newell Brands, Inc. | 6.88 | 04/01/36 | 87,000 | 75,943 | ||||||||||
| Newell Brands, Inc. | 7.00 | 04/01/46 | 130,000 | 100,678 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 90,000 | 78,927 | ||||||||||
| Scotts Miracle-Gro Co. | 4.38 | 02/01/32 | 80,000 | 69,796 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 80,000 | 74,709 | ||||||||||
| Scotts Miracle-Gro Co. | 5.25 | 12/15/26 | 45,000 | 44,564 | ||||||||||
| 970,956 | ||||||||||||||
| LEISURE TIME – 1.3% | ||||||||||||||
| Acushnet Co.(1) | 7.38 | 10/15/28 | 65,000 | 67,333 | ||||||||||
| Amer Sports Co.(1) | 6.75 | 02/16/31 | 155,000 | 156,981 | ||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 99,000 | 73,324 | ||||||||||
| 297,638 | ||||||||||||||
| OIL & GAS – 0.5% | ||||||||||||||
| Long Ridge Energy LLC(1) | 8.75 | 02/15/32 | 115,000 | 109,672 | ||||||||||
| PHARMACEUTICALS – 1.8% | ||||||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 160,000 | 166,172 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 115,000 | 88,403 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 12.25 | 04/15/29 | 155,000 | 165,242 | ||||||||||
| 419,817 | ||||||||||||||
| RETAIL – 19.3% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 143,000 | 133,867 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 297,000 | 285,486 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 563,000 | 513,066 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 147,000 | 142,472 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 5.63 | 09/15/29 | 95,000 | 94,804 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 6.13 | 06/15/29 | 230,000 | 233,911 | ||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 87,000 | 69,755 | ||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 55,000 | 47,623 | ||||||||||
| Brinker International, Inc.(1) | 8.25 | 07/15/30 | 65,000 | 68,247 | ||||||||||
| CEC Entertainment LLC(1) | 6.75 | 05/01/26 | 122,000 | 119,969 | ||||||||||
| eG Global Finance PLC(1) | 12.00 | 11/30/28 | 210,000 | 231,202 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 159,000 | 138,314 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 96,000 | 55,948 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 143,000 | 142,787 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 92,000 | 83,030 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 100,000 | 96,484 | ||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | 55,000 | 54,818 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 77,000 | 71,267 | ||||||||||
| Raising Cane’s Restaurants LLC(1) | 9.38 | 05/01/29 | 95,000 | 100,795 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 127,000 | 116,187 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 60,000 | 59,749 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.20 | 04/15/30 | 95,000 | 89,476 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 19.3% (Continued) | ||||||||||||||
| Walgreens Boots Alliance, Inc. | 3.45 | 06/01/26 | $ | 280,000 | $ | 273,871 | ||||||||
| Walgreens Boots Alliance, Inc. | 4.10 | 04/15/50 | 125,000 | 109,248 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.50 | 11/18/34 | 60,000 | 56,631 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.65 | 06/01/46 | 60,000 | 54,460 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.80 | 11/18/44 | 125,000 | 115,520 | ||||||||||
| Walgreens Boots Alliance, Inc. | 8.13 | 08/15/29 | 145,000 | 151,003 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 198,000 | 178,858 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 223,000 | 210,179 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 154,000 | 149,673 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 50,000 | 45,928 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 190,000 | 186,959 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 65,000 | 67,636 | ||||||||||
| 4,549,223 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $23,363,376) | 23,040,576 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | 112,021 | 112,021 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $112,021) | 112,021 | |||||||||||||
| TOTAL INVESTMENTS – 98.5% (Cost - $23,475,397) | $ | 23,152,597 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.5% | 361,365 | |||||||||||||
| NET ASSETS – 100.0% | $ | 23,513,962 | ||||||||||||
| (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, 2025, amounts to $17,287,578 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. |
The accompanying notes are an integral part of these financial statements.
49
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond
Sector Rotation ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Shares | Value | |||||||
| EXCHANGE-TRADED FUNDS – 99.9% | ||||||||
| UNITED STATES(a) – 99.9% | ||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 114,438 | $ | 4,184,860 | |||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 75,225 | 2,830,340 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 75,865 | 2,826,730 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 116,402 | 4,353,435 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 69,611 | 2,419,414 | ||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | 196,240 | 7,358,902 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 190,165 | 6,503,643 | ||||||
| TOTAL EXCHANGE-TRADED FUNDS (Cost - $30,283,640) | 30,477,324 | |||||||
| Rate (%) | Maturity |
Face |
||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 3.68 | 05/01/25 | $ | 68,688 | 68,688 | |||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $68,688) | 68,688 | |||||||||||||
| TOTAL INVESTMENTS – 100.1% (Cost - $30,352,328) | $ | 30,546,012 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.1)% | (39,104 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 30,506,908 | ||||||||||||
| (a) | Represents investments in Affiliated Funds. |
The accompanying notes are an integral part of these financial statements.
50
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High
Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.2% | ||||||||||||||
| ADVERTISING – 0.4% | ||||||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | $ | 220,000 | $ | 199,015 | ||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 220,000 | 210,085 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 225,000 | 210,452 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 170,000 | 165,213 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 7.38 | 02/15/31 | 190,000 | 199,121 | ||||||||||
| 983,886 | ||||||||||||||
| AEROSPACE/DEFENSE – 1.9% | ||||||||||||||
| AAR Escrow Issuer LLC(1) | 6.75 | 03/15/29 | 230,000 | 235,661 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 200,000 | 193,111 | ||||||||||
| Spirit AeroSystems, Inc. | 3.85 | 06/15/26 | 75,000 | 73,776 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 400,000 | 426,172 | ||||||||||
| TransDigm, Inc.(1) | 6.00 | 01/15/33 | 590,000 | 589,290 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 03/01/29 | 1,080,000 | 1,101,559 | ||||||||||
| TransDigm, Inc.(1) | 6.63 | 03/01/32 | 880,000 | 902,532 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 840,000 | 857,929 | ||||||||||
| TransDigm, Inc.(1) | 6.88 | 12/15/30 | 570,000 | 587,752 | ||||||||||
| TransDigm, Inc.(1) | 7.13 | 12/01/31 | 389,000 | 404,808 | ||||||||||
| 5,372,590 | ||||||||||||||
| AGRICULTURE – 0.3% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | 100,000 | 99,002 | ||||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 500,000 | 499,087 | ||||||||||
| Turning Point Brands, Inc.(1) | 7.63 | 03/15/32 | 130,000 | 135,416 | ||||||||||
| 733,505 | ||||||||||||||
| AIRLINES – 1.2% | ||||||||||||||
| Air Canada(1) | 3.88 | 08/15/26 | 470,000 | 461,561 | ||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 215,000 | 198,758 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 299,000 | 295,631 | ||||||||||
| American Airlines, Inc.(1) | 8.50 | 05/15/29 | 390,000 | 397,729 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 1,175,000 | 1,140,941 | ||||||||||
| JetBlue Airways Corp./JetBlue Loyalty LP(1) | 9.88 | 09/20/31 | 805,000 | 742,136 | ||||||||||
| 3,236,756 | ||||||||||||||
| APPAREL – 0.5% | ||||||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 170,000 | 156,407 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 200,000 | 175,506 | ||||||||||
| Under Armour, Inc. | 3.25 | 06/15/26 | 245,000 | 237,376 | ||||||||||
| VF Corp. | 2.80 | 04/23/27 | 205,000 | 190,458 | ||||||||||
| VF Corp. | 2.95 | 04/23/30 | 315,000 | 259,673 | ||||||||||
| VF Corp. | 6.00 | 10/15/33 | 104,000 | 89,515 | ||||||||||
| VF Corp. | 6.45 | 11/01/37 | 100,000 | 83,999 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 200,000 | 194,950 | ||||||||||
| 1,387,884 | ||||||||||||||
| AUTO MANUFACTURERS – 1.6% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 360,000 | 323,749 | ||||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 170,000 | 167,014 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 220,000 | 220,077 | ||||||||||
The accompanying notes are an integral part of these financial statements.
51
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High
Yield Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO MANUFACTURERS – 1.6% (Continued) | ||||||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | $ | 175,000 | $ | 167,361 | ||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | 170,000 | 163,116 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 230,000 | 227,204 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 1.85 | 09/16/26 | 410,000 | 387,369 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.45 | 09/15/28 | 45,000 | 39,805 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.75 | 03/09/28 | 245,000 | 223,451 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.30 | 09/13/27 | 225,000 | 220,755 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.55 | 09/13/29 | 180,000 | 174,154 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 6.95 | 09/15/26 | 170,000 | 171,610 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 7.05 | 09/15/28 | 285,000 | 291,631 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.35 | 09/17/27 | 825,000 | 792,277 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.81 | 09/17/30 | 990,000 | 915,612 | ||||||||||
| 4,485,185 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.9% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 195,000 | 196,888 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 6.88 | 12/15/54 | 195,000 | 182,865 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 150,000 | 138,496 | ||||||||||
| Dana, Inc. | 4.50 | 02/15/32 | 135,000 | 121,596 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 170,000 | 169,003 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 170,000 | 168,739 | ||||||||||
| Forvia SE(1) | 8.00 | 06/15/30 | 200,000 | 199,366 | ||||||||||
| Phinia, Inc.(1) | 6.63 | 10/15/32 | 205,000 | 201,391 | ||||||||||
| Phinia, Inc.(1) | 6.75 | 04/15/29 | 180,000 | 182,146 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.75 | 04/23/30 | 315,000 | 287,758 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 245,000 | 234,271 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/23/32 | 265,000 | 232,861 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 245,000 | 225,713 | ||||||||||
| 2,541,093 | ||||||||||||||
| BANKS – 0.5% | ||||||||||||||
| Banc of California | 3.25 | 05/01/31 | 155,000 | 146,456 | ||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 390,000 | 425,416 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 155,000 | 160,246 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | – | 305,000 | 309,038 | ||||||||||
| Texas Capital Bancshares, Inc. | 4.00 | 05/06/31 | 145,000 | 137,975 | ||||||||||
| Valley National Bancorp. | 3.00 | 06/15/31 | 120,000 | 109,023 | ||||||||||
| Walker & Dunlop, Inc.(1) | 6.63 | 04/01/33 | 150,000 | 152,719 | ||||||||||
| 1,440,873 | ||||||||||||||
| BEVERAGES – 0.1% | ||||||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 310,000 | 294,546 | ||||||||||
| BUILDING MATERIALS – 2.9% | ||||||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 170,000 | 160,712 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 665,000 | 599,522 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 230,000 | 220,916 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 275,000 | 276,844 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 03/01/34 | 240,000 | 238,508 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.63 | 12/15/30 | 1,085,000 | 1,101,665 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.75 | 07/15/31 | 195,000 | 199,076 | ||||||||||
The accompanying notes are an integral part of these financial statements.
52
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High
Yield Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BUILDING MATERIALS – 2.9% (Continued) | ||||||||||||||
| Knife River Corp.(1) | 7.75 | 05/01/31 | $ | 180,000 | $ | 188,469 | ||||||||
| Louisiana-Pacific Corp.(1) | 3.63 | 03/15/29 | 140,000 | 130,951 | ||||||||||
| Masterbrand, Inc.(1) | 7.00 | 07/15/32 | 275,000 | 275,997 | ||||||||||
| Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(1) | 6.75 | 04/01/32 | 275,000 | 275,370 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.38 | 03/01/32 | 1,565,000 | 1,575,143 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 430,000 | 420,623 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 8.88 | 11/15/31 | 430,000 | 441,565 | ||||||||||
| Standard Building Solutions, Inc.(1) | 6.50 | 08/15/32 | 394,000 | 399,257 | ||||||||||
| Standard Industries, Inc./NY(1) | 3.38 | 01/15/31 | 430,000 | 380,124 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 625,000 | 583,512 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.75 | 01/15/28 | 390,000 | 382,030 | ||||||||||
| Standard Industries, Inc./NY(1) | 5.00 | 02/15/27 | 335,000 | 332,777 | ||||||||||
| 8,183,061 | ||||||||||||||
| CHEMICALS – 3.4% | ||||||||||||||
| Ashland, Inc.(1) | 3.38 | 09/01/31 | 175,000 | 151,988 | ||||||||||
| Ashland, Inc. | 6.88 | 05/15/43 | 110,000 | 114,108 | ||||||||||
| Avient Corp.(1) | 6.25 | 11/01/31 | 274,000 | 271,300 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 270,000 | 275,541 | ||||||||||
| Axalta Coating Systems Dutch Holding B BV(1) | 7.25 | 02/15/31 | 190,000 | 196,977 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 290,000 | 268,914 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 195,000 | 192,724 | ||||||||||
| Celanese US Holdings LLC | 1.40 | 08/05/26 | 290,000 | 276,882 | ||||||||||
| Celanese US Holdings LLC | 6.42 | 07/15/27 | 311,000 | 313,800 | ||||||||||
| Celanese US Holdings LLC | 6.50 | 04/15/30 | 250,000 | 244,544 | ||||||||||
| Celanese US Holdings LLC | 6.58 | 07/15/29 | 330,000 | 333,241 | ||||||||||
| Celanese US Holdings LLC | 6.60 | 11/15/28 | 525,000 | 531,215 | ||||||||||
| Celanese US Holdings LLC | 6.63 | 07/15/32 | 415,000 | 408,281 | ||||||||||
| Celanese US Holdings LLC | 6.75 | 04/15/33 | 400,000 | 375,724 | ||||||||||
| Celanese US Holdings LLC | 6.80 | 11/15/30 | 415,000 | 415,252 | ||||||||||
| Celanese US Holdings LLC | 6.95 | 11/15/33 | 415,000 | 416,102 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 315,000 | 298,108 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 125,000 | 121,806 | ||||||||||
| HB Fuller Co. | 4.25 | 10/15/28 | 125,000 | 118,037 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 180,000 | 175,911 | ||||||||||
| INEOS Finance PLC(1) | 7.50 | 04/15/29 | 275,000 | 258,643 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 9.63 | 03/15/29 | 155,000 | 149,381 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 225,000 | 208,126 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 270,000 | 265,271 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 270,000 | 256,753 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 130,000 | 99,943 | ||||||||||
| Methanex US Operations, Inc.(1) | 6.25 | 03/15/32 | 235,000 | 222,762 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 160,000 | 154,591 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 225,000 | 212,864 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 410,000 | 405,704 | ||||||||||
| NOVA Chemicals Corp.(1) | 7.00 | 12/01/31 | 165,000 | 170,696 | ||||||||||
| NOVA Chemicals Corp.(1) | 8.50 | 11/15/28 | 155,000 | 163,552 | ||||||||||
| NOVA Chemicals Corp.(1) | 9.00 | 02/15/30 | 255,000 | 272,775 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 140,000 | 129,805 | ||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 3.4% (Continued) | ||||||||||||||
| OCI NV(1) | 6.70 | 03/16/33 | $ | 239,000 | $ | 261,019 | ||||||||
| Olin Corp. | 5.00 | 02/01/30 | 205,000 | 192,762 | ||||||||||
| Olin Corp. | 5.63 | 08/01/29 | 270,000 | 262,238 | ||||||||||
| Olin Corp.(1) | 6.63 | 04/01/33 | 235,000 | 223,274 | ||||||||||
| SNF Group SACA(1) | 3.13 | 03/15/27 | 140,000 | 132,966 | ||||||||||
| SNF Group SACA(1) | 3.38 | 03/15/30 | 135,000 | 122,177 | ||||||||||
| 9,665,757 | ||||||||||||||
| COAL – 0.1% | ||||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.(1) | 8.63 | 06/15/29 | 155,000 | 160,164 | ||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 200,000 | 183,949 | ||||||||||
| 344,113 | ||||||||||||||
| COMMERCIAL SERVICES – 4.7% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 415,000 | 392,204 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 275,000 | 259,782 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 175,000 | 173,147 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 6.13 | 10/15/26 | 220,000 | 219,348 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 135,000 | 121,184 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.63 | 10/01/27 | 200,000 | 191,800 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 90,000 | 84,121 | ||||||||||
| APi Group DE, Inc.(1) | 4.75 | 10/15/29 | 155,000 | 145,914 | ||||||||||
| Belron UK Finance PLC(1) | 5.75 | 10/15/29 | 440,000 | 439,877 | ||||||||||
| Block, Inc. | 2.75 | 06/01/26 | 390,000 | 380,985 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 385,000 | 344,032 | ||||||||||
| Block, Inc.(1) | 6.50 | 05/15/32 | 790,000 | 807,009 | ||||||||||
| Boost Newco Borrower LLC(1) | 7.50 | 01/15/31 | 850,000 | 897,767 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 240,000 | 236,465 | ||||||||||
| Brink’s Co.(1) | 6.50 | 06/15/29 | 170,000 | 173,383 | ||||||||||
| Brink’s Co.(1) | 6.75 | 06/15/32 | 150,000 | 153,702 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/29 | 200,000 | 211,010 | ||||||||||
| Dcli Bidco LLC(1) | 7.75 | 11/15/29 | 195,000 | 181,862 | ||||||||||
| Deluxe Corp.(1) | 8.13 | 09/15/29 | 185,000 | 185,480 | ||||||||||
| GEO Group, Inc. | 8.63 | 04/15/29 | 255,000 | 268,317 | ||||||||||
| Graham Holdings Co.(1) | 5.75 | 06/01/26 | 170,000 | 170,572 | ||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | 170,000 | 160,428 | ||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 480,000 | 475,074 | ||||||||||
| Herc Holdings, Inc.(1) | 6.63 | 06/15/29 | 320,000 | 316,501 | ||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 170,000 | 164,647 | ||||||||||
| OT Midco, Inc.(1) | 10.00 | 02/15/30 | 255,000 | 208,117 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 395,000 | 377,172 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 335,000 | 300,249 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 310,000 | 283,302 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 230,000 | 226,487 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 305,000 | 302,187 | ||||||||||
| Service Corp. International/US | 5.75 | 10/15/32 | 289,000 | 285,674 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 4.63 | 11/01/26 | 105,000 | 103,645 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 6.75 | 08/15/32 | 495,000 | 502,448 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 195,000 | 178,063 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 4.7% (Continued) | ||||||||||||||
| TriNet Group, Inc.(1) | 7.13 | 08/15/31 | $ | 160,000 | $ | 162,992 | ||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 285,000 | 254,411 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 295,000 | 285,142 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 435,000 | 397,645 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 295,000 | 275,129 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 655,000 | 646,262 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 295,000 | 292,086 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 195,000 | 194,782 | ||||||||||
| United Rentals North America, Inc.(1) | 6.13 | 03/15/34 | 435,000 | 440,236 | ||||||||||
| WEX, Inc.(1) | 6.50 | 03/15/33 | 215,000 | 209,275 | ||||||||||
| 13,079,915 | ||||||||||||||
| COMPUTERS – 1.0% | ||||||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 215,000 | 204,800 | ||||||||||
| Crane NXT Co. | 4.20 | 03/15/48 | 135,000 | 80,125 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 305,000 | 283,213 | ||||||||||
| Insight Enterprises, Inc.(1) | 6.63 | 05/15/32 | 195,000 | 198,054 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 100,000 | 94,902 | ||||||||||
| NCR Atleos Corp.(1) | 9.50 | 04/01/29 | 530,000 | 570,714 | ||||||||||
| Seagate HDD Cayman | 4.09 | 06/01/29 | 195,000 | 185,310 | ||||||||||
| Seagate HDD Cayman | 4.88 | 06/01/27 | 250,000 | 247,667 | ||||||||||
| Seagate HDD Cayman | 5.75 | 12/01/34 | 200,000 | 193,186 | ||||||||||
| Seagate HDD Cayman | 8.25 | 12/15/29 | 190,000 | 203,947 | ||||||||||
| Seagate HDD Cayman | 8.50 | 07/15/31 | 120,000 | 128,491 | ||||||||||
| Seagate HDD Cayman | 9.63 | 12/01/32 | 295,850 | 334,193 | ||||||||||
| 2,724,602 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.5% | ||||||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 215,000 | 201,205 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 285,000 | 280,304 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 06/15/30 | 305,000 | 290,566 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 100,000 | 77,637 | ||||||||||
| Perrigo Finance Unlimited Co. | 6.13 | 09/30/32 | 295,000 | 293,023 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 240,000 | 216,884 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 170,000 | 168,968 | ||||||||||
| 1,528,587 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.3% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | 160,000 | 147,855 | ||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 280,000 | 270,511 | ||||||||||
| RB Global Holdings, Inc.(1) | 6.75 | 03/15/28 | 215,000 | 219,484 | ||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 20,000 | 18,430 | ||||||||||
| Resideo Funding, Inc.(1) | 6.50 | 07/15/32 | 245,000 | 243,343 | ||||||||||
| 899,623 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.3% | ||||||||||||||
| Acadian Asset Management, Inc. | 4.80 | 07/27/26 | 125,000 | 122,404 | ||||||||||
| Ally Financial, Inc. | 6.65 | 01/17/40 | 200,000 | 190,632 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 195,000 | 193,799 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 9.75 | 03/15/29 | 370,000 | 389,560 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 145,000 | 143,887 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.3% (Continued) | ||||||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | $ | 150,000 | $ | 149,831 | ||||||||
| Burford Capital Global Finance LLC(1) | 9.25 | 07/01/31 | 270,000 | 284,795 | ||||||||||
| Credit Acceptance Corp.(1) | 6.63 | 03/15/30 | 200,000 | 196,617 | ||||||||||
| Credit Acceptance Corp.(1) | 9.25 | 12/15/28 | 245,000 | 259,224 | ||||||||||
| Encore Capital Group, Inc.(1) | 8.50 | 05/15/30 | 195,000 | 202,487 | ||||||||||
| Encore Capital Group, Inc.(1) | 9.25 | 04/01/29 | 200,000 | 211,368 | ||||||||||
| EZCORP, Inc.(1) | 7.38 | 04/01/32 | 115,000 | 120,680 | ||||||||||
| GGAM Finance Ltd.(1) | 5.88 | 03/15/30 | 40,000 | 39,821 | ||||||||||
| GGAM Finance Ltd.(1) | 6.88 | 04/15/29 | 155,000 | 158,675 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 160,000 | 161,920 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 270,000 | 277,438 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 06/15/28 | 345,000 | 362,394 | ||||||||||
| Global Aircraft Leasing Co. Ltd.(1) | 8.75 | 09/01/27 | 435,000 | 433,968 | ||||||||||
| goeasy Ltd.(1) | 6.88 | 05/15/30 | 160,000 | 156,213 | ||||||||||
| goeasy Ltd.(1) | 7.38 | 10/01/30 | 160,000 | 157,439 | ||||||||||
| goeasy Ltd.(1) | 7.63 | 07/01/29 | 250,000 | 252,278 | ||||||||||
| goeasy Ltd.(1) | 9.25 | 12/01/28 | 215,000 | 225,279 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 235,000 | 223,945 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 645,000 | 634,531 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.75 | 05/01/33 | 550,000 | 553,003 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 7.13 | 04/30/31 | 550,000 | 567,678 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 485,000 | 451,728 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 6.63 | 10/15/31 | 120,000 | 117,687 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 6.00 | 08/15/26 | 120,000 | 119,498 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 9.50 | 02/15/29 | 155,000 | 162,624 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 145,000 | 127,243 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 415,000 | 396,709 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 195,000 | 187,731 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 270,000 | 267,528 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 295,000 | 279,623 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 235,000 | 201,700 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 195,000 | 196,940 | ||||||||||
| Navient Corp. | 9.38 | 07/25/30 | 195,000 | 207,577 | ||||||||||
| Navient Corp. | 11.50 | 03/15/31 | 195,000 | 217,756 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 305,000 | 292,250 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 240,000 | 222,300 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 325,000 | 288,548 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 290,000 | 277,584 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 305,000 | 307,406 | ||||||||||
| OneMain Finance Corp. | 6.63 | 05/15/29 | 355,000 | 356,479 | ||||||||||
| OneMain Finance Corp. | 6.75 | 03/15/32 | 250,000 | 245,520 | ||||||||||
| OneMain Finance Corp. | 7.13 | 11/15/31 | 263,000 | 264,352 | ||||||||||
| OneMain Finance Corp. | 7.50 | 05/15/31 | 305,000 | 309,625 | ||||||||||
| OneMain Finance Corp. | 7.88 | 03/15/30 | 275,000 | 284,351 | ||||||||||
| OneMain Finance Corp. | 9.00 | 01/15/29 | 275,000 | 286,563 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 260,000 | 242,973 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 210,000 | 200,226 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.88 | 02/15/33 | 340,000 | 339,951 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.3% (Continued) | ||||||||||||||
| PennyMac Financial Services, Inc.(1) | 7.13 | 11/15/30 | $ | 260,000 | $ | 264,633 | ||||||||
| PennyMac Financial Services, Inc.(1) | 7.88 | 12/15/29 | 280,000 | 292,200 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 150,000 | 136,811 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 140,000 | 141,487 | ||||||||||
| PRA Group, Inc.(1) | 8.88 | 01/31/30 | 225,000 | 232,004 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 2.88 | 10/15/26 | 450,000 | 434,639 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 295,000 | 274,645 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 495,000 | 447,876 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 325,000 | 281,495 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 295,000 | 286,007 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 120,000 | 123,984 | ||||||||||
| StoneX Group, Inc.(1) | 7.88 | 03/01/31 | 215,000 | 224,045 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 310,000 | 316,345 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 270,000 | 261,753 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 215,000 | 212,300 | ||||||||||
| UWM Holdings LLC(1) | 6.63 | 02/01/30 | 320,000 | 316,745 | ||||||||||
| 17,769,307 | ||||||||||||||
| ELECTRIC – 5.0% | ||||||||||||||
| AES Corp. | 6.95 | 07/15/55 | 195,000 | 182,342 | ||||||||||
| AES Corp. | 7.60 | 01/15/55 | 375,000 | 371,461 | ||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 305,000 | 286,550 | ||||||||||
| Atlantica Sustainable Infrastructure PLC(1) | 4.13 | 06/15/28 | 160,000 | 152,131 | ||||||||||
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC(1) | 6.38 | 02/15/32 | 290,000 | 285,105 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 350,000 | 324,112 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 490,000 | 479,674 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 370,000 | 329,697 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 145,000 | 125,854 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 335,000 | 327,697 | ||||||||||
| ContourGlobal Power Holdings SA(1) | 6.75 | 02/28/30 | 205,000 | 207,698 | ||||||||||
| DPL, Inc. | 4.35 | 04/15/29 | 160,000 | 152,723 | ||||||||||
| Edison International | 7.88 | 06/15/54 | 190,000 | 178,373 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 195,000 | 186,155 | ||||||||||
| Electricite de France SA(1),(2) | 9.13 | – | 605,000 | 678,190 | ||||||||||
| Emera, Inc. | 6.75 | 06/15/76 | 540,000 | 542,081 | ||||||||||
| EUSHI Finance, Inc. | 7.63 | 12/15/54 | 145,000 | 146,009 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 165,000 | 144,734 | ||||||||||
| Lightning Power LLC(1) | 7.25 | 08/15/32 | 590,000 | 611,775 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 195,000 | 180,975 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 400,000 | 359,803 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 190,000 | 170,077 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 285,000 | 281,920 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 325,000 | 326,546 | ||||||||||
| NRG Energy, Inc.(1) | 5.75 | 07/15/29 | 315,000 | 315,093 | ||||||||||
| NRG Energy, Inc.(1) | 6.00 | 02/01/33 | 370,000 | 366,406 | ||||||||||
| NRG Energy, Inc.(1) | 6.25 | 11/01/34 | 370,000 | 369,715 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 255,000 | 242,524 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 390,000 | 380,758 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 5.0% (Continued) | ||||||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | $ | 390,000 | $ | 376,066 | ||||||||
| Talen Energy Supply LLC(1) | 8.63 | 06/01/30 | 470,000 | 502,289 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 125,000 | 115,327 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 150,000 | 156,380 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 490,000 | 471,782 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 510,000 | 505,998 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.50 | 09/01/26 | 390,000 | 389,248 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 510,000 | 510,109 | ||||||||||
| Vistra Operations Co. LLC(1) | 6.88 | 04/15/32 | 395,000 | 409,455 | ||||||||||
| Vistra Operations Co. LLC(1) | 7.75 | 10/15/31 | 570,000 | 603,090 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 3.88 | 10/15/26 | 190,000 | 183,487 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 4.50 | 09/15/27 | 230,000 | 217,676 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 7.25 | 01/15/29 | 305,000 | 302,194 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.38 | 01/15/31 | 325,000 | 326,507 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.63 | 03/15/33 | 360,000 | 359,542 | ||||||||||
| 14,135,328 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.6% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 120,000 | 116,488 | ||||||||||
| EnerSys(1) | 6.63 | 01/15/32 | 130,000 | 132,890 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/29 | 490,000 | 497,086 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/33 | 300,000 | 303,768 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.63 | 03/15/32 | 230,000 | 234,248 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 515,000 | 522,287 | ||||||||||
| 1,806,767 | ||||||||||||||
| ELECTRONICS – 1.0% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 170,000 | 151,022 | ||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | 390,000 | 373,916 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 805,000 | 769,741 | ||||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 390,000 | 359,330 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 195,000 | 190,037 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 305,000 | 267,053 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 180,000 | 166,175 | ||||||||||
| Sensata Technologies, Inc.(1) | 6.63 | 07/15/32 | 195,000 | 193,404 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 200,000 | 186,126 | ||||||||||
| 2,656,804 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 0.3% | ||||||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 290,000 | 273,606 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 270,000 | 263,222 | ||||||||||
| Topaz Solar Farms LLC(1) | 5.75 | 09/30/39 | 198,146 | 185,356 | ||||||||||
| 722,184 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.6% | ||||||||||||||
| AECOM | 5.13 | 03/15/27 | 390,000 | 389,488 | ||||||||||
| ATP Tower Holdings/Andean Telecom Partners Chile SpA/Andean Tower Partners Colombia SAS(1) | 7.88 | 02/03/30 | 195,000 | 194,920 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 200,000 | 188,571 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 210,000 | 203,681 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.50 | 06/04/29 | 335,000 | 336,693 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 0.6% (Continued) | ||||||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | $ | 175,000 | $ | 162,845 | ||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 190,000 | 171,154 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 155,000 | 145,123 | ||||||||||
| 1,792,475 | ||||||||||||||
| ENTERTAINMENT – 1.8% | ||||||||||||||
| Caesars Entertainment, Inc.(1) | 6.50 | 02/15/32 | 595,000 | 598,631 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 785,000 | 804,051 | ||||||||||
| International Game Technology PLC(1) | 5.25 | 01/15/29 | 280,000 | 274,010 | ||||||||||
| International Game Technology PLC(1) | 6.25 | 01/15/27 | 305,000 | 306,652 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 200,000 | 191,688 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 485,000 | 490,630 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 395,000 | 340,303 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 130,000 | 104,318 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 8.45 | 07/27/30 | 160,000 | 155,699 | ||||||||||
| Six Flags Entertainment Corp./Six Flags Theme Parks, Inc./Canada’s Wonderland Co.(1) | 6.63 | 05/01/32 | 335,000 | 338,281 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 140,000 | 134,392 | ||||||||||
| Vail Resorts, Inc.(1) | 6.50 | 05/15/32 | 245,000 | 248,342 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 295,000 | 284,746 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 6.25 | 03/15/33 | 320,000 | 309,545 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 390,000 | 402,716 | ||||||||||
| 4,984,004 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.7% | ||||||||||||||
| Clean Harbors, Inc.(1) | 4.88 | 07/15/27 | 210,000 | 207,015 | ||||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 130,000 | 127,780 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 205,000 | 209,000 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 300,000 | 286,054 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 200,000 | 191,119 | ||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | 300,000 | 291,380 | ||||||||||
| GFL Environmental, Inc.(1) | 6.75 | 01/15/31 | 400,000 | 416,300 | ||||||||||
| Wrangler Holdco Corp.(1) | 6.63 | 04/01/32 | 200,000 | 205,510 | ||||||||||
| 1,934,158 | ||||||||||||||
| FOOD – 2.6% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.25 | 03/15/26 | 130,000 | 127,726 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 520,000 | 485,754 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 680,000 | 673,002 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 390,000 | 377,260 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 185,000 | 185,047 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.25 | 03/15/33 | 295,000 | 299,619 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 70,000 | 71,183 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 140,000 | 126,860 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 380,000 | 356,923 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 270,000 | 247,624 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 200,000 | 197,365 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 400,000 | 379,137 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 415,000 | 412,042 | ||||||||||
| Performance Food Group, Inc.(1) | 6.13 | 09/15/32 | 390,000 | 390,603 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 2.6% (Continued) | ||||||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | $ | 350,000 | $ | 310,912 | ||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 335,000 | 317,042 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 380,000 | 396,249 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 195,000 | 211,564 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 02/15/32 | 395,000 | 398,555 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 115,000 | 118,341 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 270,000 | 257,471 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 350,000 | 340,407 | ||||||||||
| US Foods, Inc.(1) | 5.75 | 04/15/33 | 120,000 | 117,841 | ||||||||||
| US Foods, Inc.(1) | 6.88 | 09/15/28 | 225,000 | 230,910 | ||||||||||
| US Foods, Inc.(1) | 7.25 | 01/15/32 | 195,000 | 204,235 | ||||||||||
| 7,233,672 | ||||||||||||||
| GAS – 0.5% | ||||||||||||||
| AltaGas Ltd.(1) | 7.20 | 10/15/54 | 355,000 | 347,586 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.50 | 05/01/33 | 500,000 | 513,361 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.75 | 05/01/35 | 490,000 | 503,580 | ||||||||||
| 1,364,527 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.4% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 320,000 | 295,738 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 620,000 | 596,761 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 380,000 | 355,261 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 150,000 | 147,655 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 1,760,000 | 1,643,531 | ||||||||||
| Medline Borrower LP/Medline Co.-Issuer, Inc.(1) | 6.25 | 04/01/29 | 590,000 | 595,253 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 195,000 | 186,860 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 195,000 | 190,523 | ||||||||||
| 4,011,582 | ||||||||||||||
| HEALTHCARE-SERVICES – 3.2% | ||||||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 220,000 | 201,623 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 165,000 | 145,232 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 220,000 | 209,390 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 585,000 | 514,817 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 1,075,000 | 1,000,659 | ||||||||||
| DaVita, Inc.(1) | 6.88 | 09/01/32 | 395,000 | 399,108 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 320,000 | 315,748 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 160,000 | 152,451 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 320,000 | 311,254 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 10/15/26 | 410,000 | 407,671 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 435,000 | 431,890 | ||||||||||
| IQVIA, Inc.(1) | 6.50 | 05/15/30 | 195,000 | 198,308 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 255,000 | 230,086 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 280,000 | 246,916 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 318,000 | 305,954 | ||||||||||
| Molina Healthcare, Inc.(1) | 6.25 | 01/15/33 | 305,000 | 302,906 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 170,000 | 164,083 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 558,000 | 532,034 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 570,000 | 540,720 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 3.2% (Continued) | ||||||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | $ | 320,000 | $ | 311,875 | ||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 580,000 | 575,648 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 06/15/30 | 575,000 | 577,690 | ||||||||||
| Tenet Healthcare Corp. | 6.75 | 05/15/31 | 645,000 | 661,650 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 85,000 | 64,520 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 135,000 | 130,016 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 175,000 | 153,435 | ||||||||||
| 9,085,684 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.3% | ||||||||||||||
| Benteler International AG(1) | 10.50 | 05/15/28 | 200,000 | 204,403 | ||||||||||
| Stena International SA(1) | 7.25 | 01/15/31 | 355,000 | 350,767 | ||||||||||
| Stena International SA(1) | 7.63 | 02/15/31 | 145,000 | 146,061 | ||||||||||
| 701,231 | ||||||||||||||
| HOME BUILDERS – 1.5% | ||||||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 135,000 | 125,044 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 160,000 | 146,831 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 6.63 | 01/15/28 | 95,000 | 94,913 | ||||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 195,000 | 174,145 | ||||||||||
| Century Communities, Inc. | 6.75 | 06/01/27 | 195,000 | 195,205 | ||||||||||
| Dream Finders Homes, Inc.(1) | 8.25 | 08/15/28 | 130,000 | 133,604 | ||||||||||
| Forestar Group, Inc.(1) | 5.00 | 03/01/28 | 260,000 | 252,858 | ||||||||||
| Forestar Group, Inc.(1) | 6.50 | 03/15/33 | 60,000 | 58,412 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 125,000 | 122,973 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 115,000 | 103,746 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 125,000 | 120,766 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 125,000 | 128,244 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 160,000 | 163,979 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 125,000 | 108,901 | ||||||||||
| LGI Homes, Inc.(1) | 7.00 | 11/15/32 | 145,000 | 133,983 | ||||||||||
| LGI Homes, Inc.(1) | 8.75 | 12/15/28 | 170,000 | 171,773 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 120,000 | 109,056 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 155,000 | 151,759 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 230,000 | 210,629 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 205,000 | 199,319 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 185,000 | 179,748 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 120,000 | 113,595 | ||||||||||
| STL Holding Co. LLC(1) | 8.75 | 02/15/29 | 125,000 | 127,095 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 160,000 | 155,172 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 195,000 | 195,264 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 215,000 | 216,240 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 200,000 | 180,125 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 255,000 | 255,109 | ||||||||||
| 4,328,488 | ||||||||||||||
| HOME FURNISHINGS – 0.2% | ||||||||||||||
| Somnigroup International, Inc.(1) | 3.88 | 10/15/31 | 315,000 | 276,897 | ||||||||||
| Somnigroup International, Inc.(1) | 4.00 | 04/15/29 | 315,000 | 292,839 | ||||||||||
| 569,736 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% | ||||||||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | $ | 220,000 | $ | 201,765 | ||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 145,000 | 130,676 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 120,000 | 118,752 | ||||||||||
| 451,193 | ||||||||||||||
| HOUSEWARES – 0.4% | ||||||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 195,000 | 190,698 | ||||||||||
| Newell Brands, Inc. | 6.38 | 05/15/30 | 295,000 | 269,274 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 195,000 | 183,289 | ||||||||||
| Newell Brands, Inc. | 6.63 | 05/15/32 | 195,000 | 175,301 | ||||||||||
| Newell Brands, Inc. | 6.88 | 04/01/36 | 185,000 | 161,488 | ||||||||||
| Newell Brands, Inc. | 7.00 | 04/01/46 | 240,000 | 185,868 | ||||||||||
| 1,165,918 | ||||||||||||||
| INSURANCE – 0.9% | ||||||||||||||
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Inves(1) | 7.88 | 11/01/29 | 310,000 | 302,985 | ||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 145,000 | 144,383 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.63 | 05/01/31 | 25,000 | 24,927 | ||||||||||
| Constellation Insurance, Inc.(1) | 6.80 | 01/24/30 | 240,000 | 232,975 | ||||||||||
| Global Atlantic Finance Co.(1) | 4.70 | 10/15/51 | 180,000 | 171,130 | ||||||||||
| Global Atlantic Finance Co.(1) | 7.95 | 10/15/54 | 360,000 | 366,487 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 200,000 | 188,953 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | 545,000 | 340,035 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 7.80 | 03/15/37 | 20,000 | 22,414 | ||||||||||
| Ryan Specialty LLC(1) | 4.38 | 02/01/30 | 159,000 | 151,021 | ||||||||||
| Ryan Specialty LLC(1) | 5.88 | 08/01/32 | 470,000 | 464,631 | ||||||||||
| Wilton RE Ltd.(1),(2) | 6.00 | – | 160,000 | 158,793 | ||||||||||
| 2,568,734 | ||||||||||||||
| INTERNET – 1.9% | ||||||||||||||
| Cogent Communications Group LLC(1) | 3.50 | 05/01/26 | 200,000 | 196,375 | ||||||||||
| Gen Digital, Inc.(1) | 6.25 | 04/01/33 | 375,000 | 374,926 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 355,000 | 361,155 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 234,000 | 241,187 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 325,000 | 303,180 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 235,000 | 233,173 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 195,000 | 167,374 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 200,000 | 181,028 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 200,000 | 192,669 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 175,000 | 172,304 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 140,000 | 136,742 | ||||||||||
| Rakuten Group, Inc.(1) | 9.75 | 04/15/29 | 785,000 | 830,234 | ||||||||||
| Rakuten Group, Inc.(1) | 11.25 | 02/15/27 | 705,000 | 755,760 | ||||||||||
| Snap, Inc.(1) | 6.88 | 03/01/33 | 590,000 | 589,752 | ||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 320,000 | 293,087 | ||||||||||
| Wayfair LLC(1) | 7.75 | 09/15/30 | 275,000 | 251,578 | ||||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 185,000 | 163,683 | ||||||||||
| 5,444,207 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INVESTMENT COMPANIES – 0.7% | ||||||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | $ | 280,000 | $ | 233,772 | ||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 570,000 | 541,262 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 6.25 | 05/15/26 | 293,000 | 292,190 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.00 | 06/15/30 | 295,000 | 279,034 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.75 | 01/15/29 | 270,000 | 266,828 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp.(1) | 10.00 | 11/15/29 | 195,000 | 190,919 | ||||||||||
| Prospect Capital Corp. | 3.36 | 11/15/26 | 210,000 | 196,890 | ||||||||||
| Prospect Capital Corp. | 3.44 | 10/15/28 | 25,000 | 21,889 | ||||||||||
| 2,022,784 | ||||||||||||||
| IRON/STEEL – 1.7% | ||||||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 300,000 | 302,149 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 155,000 | 155,264 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 120,000 | 123,613 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 145,000 | 132,880 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 125,000 | 107,368 | ||||||||||
| Cleveland-Cliffs, Inc. | 5.88 | 06/01/27 | 220,000 | 217,259 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 295,000 | 284,436 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.88 | 11/01/29 | 350,000 | 339,389 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.00 | 03/15/32 | 558,000 | 524,930 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.38 | 05/01/33 | 350,000 | 329,276 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.50 | 09/15/31 | 335,000 | 324,484 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 205,000 | 183,968 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 160,000 | 150,582 | ||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | 220,000 | 209,232 | ||||||||||
| Mineral Resources Ltd.(1) | 8.13 | 05/01/27 | 293,000 | 285,214 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 250,000 | 227,367 | ||||||||||
| Mineral Resources Ltd.(1) | 9.25 | 10/01/28 | 440,000 | 416,664 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 115,000 | 111,809 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 194,000 | 194,870 | ||||||||||
| 4,620,754 | ||||||||||||||
| LEISURE TIME – 3.1% | ||||||||||||||
| Acushnet Co.(1) | 7.38 | 10/15/28 | 140,000 | 145,024 | ||||||||||
| Amer Sports Co.(1) | 6.75 | 02/16/31 | 320,000 | 324,090 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/01/27 | 1,065,000 | 1,062,035 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/15/30 | 385,000 | 382,564 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 785,000 | 781,214 | ||||||||||
| Carnival Corp.(1) | 6.13 | 02/15/33 | 785,000 | 778,853 | ||||||||||
| Life Time, Inc.(1) | 6.00 | 11/15/31 | 195,000 | 194,548 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 02/15/27 | 395,000 | 393,430 | ||||||||||
| NCL Corp. Ltd.(1) | 8.13 | 01/15/29 | 310,000 | 324,853 | ||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | 45,000 | 43,166 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 4.25 | 07/01/26 | 270,000 | 266,498 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.38 | 07/15/27 | 390,000 | 389,820 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 400,000 | 400,463 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 04/01/28 | 735,000 | 734,797 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.63 | 09/30/31 | 640,000 | 635,555 | ||||||||||
| Royal Caribbean Cruises Ltd.(1) | 6.00 | 02/01/33 | 740,000 | 742,548 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| LEISURE TIME – 3.1% (Continued) | ||||||||||||||
| Royal Caribbean Cruises Ltd.(1) | 6.25 | 03/15/32 | $ | 580,000 | $ | 589,186 | ||||||||
| Royal Caribbean Cruises Ltd. | 7.50 | 10/15/27 | 30,000 | 31,615 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 155,000 | 153,576 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 265,000 | 260,124 | ||||||||||
| 8,633,959 | ||||||||||||||
| LODGING – 2.4% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | 395,000 | 387,631 | ||||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 365,000 | 340,651 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 7.25 | 10/01/29 | 255,000 | 255,019 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 585,000 | 518,023 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 315,000 | 296,481 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 430,000 | 394,724 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 390,000 | 382,517 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 195,000 | 195,285 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 04/01/29 | 214,000 | 216,389 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 03/15/33 | 390,000 | 390,061 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 6.13 | 04/01/32 | 180,000 | 182,563 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 6.63 | 01/15/32 | 365,000 | 357,984 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 235,000 | 234,315 | ||||||||||
| MGM Resorts International | 4.63 | 09/01/26 | 195,000 | 193,528 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 330,000 | 318,537 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 285,000 | 284,365 | ||||||||||
| MGM Resorts International | 6.13 | 09/15/29 | 200,000 | 199,280 | ||||||||||
| MGM Resorts International | 6.50 | 04/15/32 | 330,000 | 325,418 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 230,000 | 215,773 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 175,000 | 163,112 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 100,000 | 100,653 | ||||||||||
| Travel + Leisure Co.(1) | 6.63 | 07/31/26 | 310,000 | 312,412 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 200,000 | 192,263 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 370,000 | 366,543 | ||||||||||
| 6,823,527 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.4% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | 145,000 | 139,427 | ||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 170,000 | 162,093 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 245,000 | 234,593 | ||||||||||
| Terex Corp.(1) | 6.25 | 10/15/32 | 285,000 | 273,065 | ||||||||||
| Vertiv Group Corp.(1) | 4.13 | 11/15/28 | 335,000 | 323,929 | ||||||||||
| 1,133,107 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.4% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 140,000 | 130,037 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 575,000 | 597,275 | ||||||||||
| Esab Corp.(1) | 6.25 | 04/15/29 | 275,000 | 279,367 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 190,000 | 178,582 | ||||||||||
| 1,185,261 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 5.7% | ||||||||||||||
| AMC Networks, Inc.(1) | 10.25 | 01/15/29 | $ | 350,000 | $ | 360,267 | ||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 755,000 | 682,855 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 270,000 | 227,622 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 370,000 | 343,918 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 650,000 | 577,937 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 510,000 | 444,112 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 785,000 | 741,884 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 265,000 | 240,052 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 535,000 | 522,416 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 710,000 | 700,884 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 330,000 | 323,203 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 165,000 | 164,919 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 330,000 | 333,258 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 245,000 | 252,491 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 295,000 | 281,799 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 1,295,000 | 1,252,768 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 10.00 | 02/15/31 | 810,000 | 767,670 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 335,000 | 315,787 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 735,000 | 728,775 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 260,000 | 240,297 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 390,000 | 375,441 | ||||||||||
| Sirius XM Radio LLC(1) | 3.13 | 09/01/26 | 390,000 | 379,857 | ||||||||||
| Sirius XM Radio LLC(1) | 3.88 | 09/01/31 | 590,000 | 506,763 | ||||||||||
| Sirius XM Radio LLC(1) | 4.00 | 07/15/28 | 785,000 | 739,150 | ||||||||||
| Sirius XM Radio LLC(1) | 4.13 | 07/01/30 | 585,000 | 523,953 | ||||||||||
| Sirius XM Radio LLC(1) | 5.00 | 08/01/27 | 585,000 | 578,492 | ||||||||||
| Sirius XM Radio LLC(1) | 5.50 | 07/01/29 | 490,000 | 477,699 | ||||||||||
| Sunrise FinCo I BV(1) | 4.88 | 07/15/31 | 495,000 | 454,311 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 390,000 | 374,097 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 435,000 | 405,760 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | 360,000 | 323,985 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 558,000 | 537,959 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 750,000 | 655,219 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 235,000 | 216,630 | ||||||||||
| 16,052,230 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.2% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 135,000 | 133,627 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 195,000 | 198,202 | ||||||||||
| Vallourec SACA(1) | 7.50 | 04/15/32 | 320,000 | 331,706 | ||||||||||
| 663,535 | ||||||||||||||
| MINING – 1.6% | ||||||||||||||
| Alcoa Nederland Holding BV(1) | 4.13 | 03/31/29 | 320,000 | 297,641 | ||||||||||
| Alcoa Nederland Holding BV(1) | 7.13 | 03/15/31 | 180,000 | 185,642 | ||||||||||
| Alumina Pty Ltd.(1) | 6.13 | 03/15/30 | 175,000 | 173,730 | ||||||||||
| Alumina Pty Ltd.(1) | 6.38 | 09/15/32 | 200,000 | 194,915 | ||||||||||
| Arsenal AIC Parent LLC(1) | 8.00 | 10/01/30 | 275,000 | 285,070 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 199,000 | 183,078 | ||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | 130,000 | 128,045 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MINING – 1.6% (Continued) | ||||||||||||||
| Constellium SE(1) | 6.38 | 08/15/32 | $ | 135,000 | $ | 132,999 | ||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.38 | 04/01/31 | 580,000 | 525,493 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 4.50 | 09/15/27 | 245,000 | 239,221 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 5.88 | 04/15/30 | 270,000 | 267,242 | ||||||||||
| FMG Resources August 2006 Pty Ltd.(1) | 6.13 | 04/15/32 | 320,000 | 315,662 | ||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | 305,000 | 296,115 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 295,000 | 254,895 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 635,000 | 591,126 | ||||||||||
| Novelis Corp.(1) | 6.88 | 01/30/30 | 280,000 | 284,332 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 7.50 | 04/26/29 | 140,000 | 145,425 | ||||||||||
| 4,500,631 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.7% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 155,000 | 146,657 | ||||||||||
| Amsted Industries, Inc.(1) | 6.38 | 03/15/33 | 200,000 | 201,091 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.13 | 03/15/30 | 390,000 | 397,762 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.25 | 03/15/33 | 290,000 | 296,301 | ||||||||||
| Enpro, Inc. | 5.75 | 10/15/26 | 135,000 | 134,861 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 135,000 | 117,337 | ||||||||||
| Hillenbrand, Inc. | 5.00 | 09/15/26 | 160,000 | 157,798 | ||||||||||
| Hillenbrand, Inc. | 6.25 | 02/15/29 | 190,000 | 189,127 | ||||||||||
| Trinity Industries, Inc.(1) | 7.75 | 07/15/28 | 244,000 | 251,741 | ||||||||||
| 1,892,675 | ||||||||||||||
| OFFICE FURNISHINGS – 0.1% | ||||||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 185,000 | 176,018 | ||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.1% | ||||||||||||||
| Xerox Corp.(1) | 10.25 | 10/15/30 | 160,000 | 163,211 | ||||||||||
| Zebra Technologies Corp.(1) | 6.50 | 06/01/32 | 195,000 | 196,098 | ||||||||||
| 359,309 | ||||||||||||||
| OIL & GAS – 6.0% | ||||||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 170,000 | 165,131 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 6.63 | 10/15/32 | 230,000 | 227,833 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 8.25 | 12/31/28 | 205,000 | 207,292 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 9.00 | 11/01/27 | 140,000 | 164,809 | ||||||||||
| Baytex Energy Corp.(1) | 7.38 | 03/15/32 | 250,000 | 215,815 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 310,000 | 288,371 | ||||||||||
| Chord Energy Corp.(1) | 6.75 | 03/15/33 | 300,000 | 292,333 | ||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 225,000 | 218,717 | ||||||||||
| Civitas Resources, Inc.(1) | 8.38 | 07/01/28 | 530,000 | 521,356 | ||||||||||
| Civitas Resources, Inc.(1) | 8.63 | 11/01/30 | 205,000 | 197,794 | ||||||||||
| Civitas Resources, Inc.(1) | 8.75 | 07/01/31 | 665,000 | 632,933 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 200,000 | 194,225 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/01/32 | 225,000 | 225,113 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 210,000 | 210,417 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.38 | 01/15/33 | 390,000 | 345,533 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.63 | 04/01/32 | 435,000 | 395,753 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 390,000 | 394,686 | ||||||||||
| Diamond Foreign Asset Co./Diamond Finance LLC(1) | 8.50 | 10/01/30 | 215,000 | 205,778 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 6.0% (Continued) | ||||||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | $ | 175,000 | $ | 172,266 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 250,000 | 234,320 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 185,000 | 169,162 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 235,000 | 211,811 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 235,000 | 227,630 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 195,000 | 169,873 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.88 | 05/15/34 | 195,000 | 165,960 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 7.25 | 02/15/35 | 390,000 | 340,295 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 8.38 | 11/01/33 | 235,000 | 223,773 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 8.13 | 10/15/29 | 295,000 | 296,019 | ||||||||||
| Matador Resources Co.(1) | 6.25 | 04/15/33 | 305,000 | 288,651 | ||||||||||
| Matador Resources Co.(1) | 6.50 | 04/15/32 | 355,000 | 342,377 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 195,000 | 194,100 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 245,000 | 236,643 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/42 | 129,000 | 94,727 | ||||||||||
| Murphy Oil Corp. | 6.00 | 10/01/32 | 245,000 | 223,152 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 565,000 | 538,819 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 315,000 | 297,355 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 315,000 | 296,848 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 170,000 | 168,684 | ||||||||||
| Parkland Corp.(1) | 6.63 | 08/15/32 | 220,000 | 219,205 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 330,000 | 291,583 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 7.88 | 09/15/30 | 195,000 | 160,653 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 9.88 | 03/15/30 | 300,000 | 264,416 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 290,000 | 283,497 | ||||||||||
| Permian Resources Operating LLC(1) | 6.25 | 02/01/33 | 390,000 | 381,729 | ||||||||||
| Permian Resources Operating LLC(1) | 7.00 | 01/15/32 | 390,000 | 393,011 | ||||||||||
| Permian Resources Operating LLC(1) | 8.00 | 04/15/27 | 205,000 | 208,769 | ||||||||||
| Permian Resources Operating LLC(1) | 9.88 | 07/15/31 | 126,000 | 136,555 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 220,000 | 208,180 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 220,000 | 225,490 | ||||||||||
| Seadrill Finance Ltd.(1) | 8.38 | 08/01/30 | 240,000 | 225,042 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 155,000 | 148,735 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 170,000 | 167,197 | ||||||||||
| SM Energy Co. | 6.75 | 09/15/26 | 150,000 | 148,772 | ||||||||||
| SM Energy Co.(1) | 6.75 | 08/01/29 | 300,000 | 280,549 | ||||||||||
| SM Energy Co.(1) | 7.00 | 08/01/32 | 295,000 | 272,254 | ||||||||||
| Sunoco LP(1) | 6.25 | 07/01/33 | 390,000 | 389,799 | ||||||||||
| Sunoco LP(1) | 7.00 | 05/01/29 | 295,000 | 303,590 | ||||||||||
| Sunoco LP(1) | 7.25 | 05/01/32 | 295,000 | 306,203 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 315,000 | 298,821 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 315,000 | 296,749 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 155,000 | 154,394 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 235,000 | 234,432 | ||||||||||
| Sunoco LP/Sunoco Finance Corp.(1) | 7.00 | 09/15/28 | 195,000 | 199,879 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 445,000 | 417,371 | ||||||||||
| Viper Energy, Inc.(1) | 5.38 | 11/01/27 | 160,000 | 159,296 | ||||||||||
| Viper Energy, Inc.(1) | 7.38 | 11/01/31 | 170,000 | 176,640 | ||||||||||
| 16,949,165 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS SERVICES – 1.1% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | $ | 315,000 | $ | 314,757 | ||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.63 | 09/01/32 | 296,000 | 294,650 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 98,000 | 97,956 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 160,000 | 155,414 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 221,000 | 226,807 | ||||||||||
| Helix Energy Solutions Group, Inc.(1) | 9.75 | 03/01/29 | 125,000 | 126,684 | ||||||||||
| Kodiak Gas Services LLC(1) | 7.25 | 02/15/29 | 305,000 | 310,055 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 80,000 | 76,135 | ||||||||||
| TGS ASA(1) | 8.50 | 01/15/30 | 215,000 | 213,508 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp. | 6.88 | 09/01/27 | 300,000 | 297,744 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 7.13 | 03/15/29 | 390,000 | 394,162 | ||||||||||
| Weatherford International Ltd.(1) | 8.63 | 04/30/30 | 625,000 | 620,016 | ||||||||||
| 3,127,888 | ||||||||||||||
| PACKAGING & CONTAINERS – 2.1% | ||||||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 509,000 | 451,098 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 325,000 | 284,163 | ||||||||||
| Ball Corp. | 6.00 | 06/15/29 | 390,000 | 398,442 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 305,000 | 312,660 | ||||||||||
| Berry Global, Inc.(1) | 5.63 | 07/15/27 | 195,000 | 194,947 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 185,000 | 180,517 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 200,000 | 201,698 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.75 | 04/15/32 | 560,000 | 573,058 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.88 | 01/15/30 | 200,000 | 203,459 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 195,000 | 194,774 | ||||||||||
| Crown Americas LLC/Crown Americas Capital Corp. V | 4.25 | 09/30/26 | 175,000 | 172,703 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 135,000 | 138,957 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 280,000 | 264,489 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 285,000 | 262,220 | ||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | 165,000 | 162,425 | ||||||||||
| Graphic Packaging International LLC(1) | 6.38 | 07/15/32 | 60,000 | 60,370 | ||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 170,000 | 157,570 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 175,000 | 169,009 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 175,000 | 170,383 | ||||||||||
| Sealed Air Corp.(1) | 6.50 | 07/15/32 | 115,000 | 117,059 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 190,000 | 197,378 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 310,000 | 312,559 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 7.25 | 02/15/31 | 180,000 | 187,668 | ||||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 240,000 | 230,758 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 175,000 | 163,909 | ||||||||||
| 5,762,273 | ||||||||||||||
| PHARMACEUTICALS – 1.4% | ||||||||||||||
| 180 Medical, Inc.(1) | 3.88 | 10/15/29 | 200,000 | 187,522 | ||||||||||
| CVS Health Corp. | 6.75 | 12/10/54 | 205,000 | 204,132 | ||||||||||
| CVS Health Corp. | 7.00 | 03/10/55 | 985,000 | 998,838 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 12.25 | 04/15/29 | 320,000 | 341,144 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 590,000 | 560,463 | ||||||||||
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC(1) | 14.75 | 11/14/28 | 195,000 | 204,229 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PHARMACEUTICALS – 1.4% (Continued) | ||||||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | $ | 825,000 | $ | 778,733 | ||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 6.75 | 05/15/34 | 195,000 | 184,117 | ||||||||||
| Owens & Minor, Inc.(1) | 10.00 | 04/15/30 | 400,000 | 413,347 | ||||||||||
| 3,872,525 | ||||||||||||||
| PIPELINES – 5.5% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 295,000 | 288,219 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 255,000 | 254,310 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 255,000 | 253,701 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 6.63 | 02/01/32 | 235,000 | 237,685 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 235,000 | 229,333 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 158,000 | 151,942 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 195,000 | 188,190 | ||||||||||
| Buckeye Partners LP | 5.60 | 10/15/44 | 120,000 | 98,432 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 155,000 | 130,290 | ||||||||||
| Buckeye Partners LP(1) | 6.75 | 02/01/30 | 195,000 | 198,600 | ||||||||||
| Buckeye Partners LP(1) | 6.88 | 07/01/29 | 240,000 | 244,752 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 170,000 | 156,638 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 550,000 | 528,372 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 7.50 | 12/15/33 | 195,000 | 205,370 | ||||||||||
| DT Midstream, Inc.(1) | 4.13 | 06/15/29 | 440,000 | 413,485 | ||||||||||
| DT Midstream, Inc.(1) | 4.38 | 06/15/31 | 385,000 | 354,998 | ||||||||||
| Energy Transfer LP | 7.13 | 10/01/54 | 145,000 | 144,128 | ||||||||||
| Energy Transfer LP | 8.00 | 05/15/54 | 340,000 | 353,277 | ||||||||||
| Excelerate Energy LP(1) | 8.00 | 05/15/30 | 320,000 | 325,388 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 265,000 | 268,472 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 05/15/32 | 245,000 | 249,605 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 295,000 | 277,219 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 215,000 | 210,706 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 160,000 | 156,411 | ||||||||||
| Hess Midstream Operations LP(1) | 5.88 | 03/01/28 | 325,000 | 325,955 | ||||||||||
| Hess Midstream Operations LP(1) | 6.50 | 06/01/29 | 225,000 | 228,721 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 415,000 | 405,901 | ||||||||||
| Kinetik Holdings LP(1) | 6.63 | 12/15/28 | 395,000 | 398,225 | ||||||||||
| Northriver Midstream Finance LP(1) | 6.75 | 07/15/32 | 250,000 | 248,693 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 235,000 | 234,458 | ||||||||||
| NuStar Logistics LP | 6.00 | 06/01/26 | 200,000 | 200,235 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 215,000 | 218,490 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | 150,000 | 140,686 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 235,000 | 224,913 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.75 | 03/15/33 | 175,000 | 178,025 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.88 | 04/15/40 | 195,000 | 184,269 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 90,000 | 88,425 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd.(1) | 7.50 | 03/01/55 | 130,000 | 127,917 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd.(1) | 7.63 | 03/01/55 | 305,000 | 305,037 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 490,000 | 449,340 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 495,000 | 418,034 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 490,000 | 440,695 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 5.5% (Continued) | ||||||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | $ | 390,000 | $ | 390,493 | ||||||||
| Venture Global LNG, Inc.(1) | 7.00 | 01/15/30 | 600,000 | 565,689 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.13 | 06/01/28 | 885,000 | 879,623 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.38 | 06/01/31 | 880,000 | 849,452 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.50 | 02/01/29 | 1,195,000 | 1,239,045 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.88 | 02/01/32 | 785,000 | 797,551 | ||||||||||
| 15,459,395 | ||||||||||||||
| REAL ESTATE – 0.6% | ||||||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 250,000 | 251,399 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 8.88 | 09/01/31 | 160,000 | 171,330 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 7.75 | 09/01/30 | 170,000 | 178,674 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 255,000 | 233,811 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 255,000 | 226,356 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 295,000 | 284,484 | ||||||||||
| Newmark Group, Inc. | 7.50 | 01/12/29 | 195,000 | 204,016 | ||||||||||
| 1,550,070 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 3.6% | ||||||||||||||
| Brandywine Operating Partnership LP | 3.95 | 11/15/27 | 190,000 | 179,252 | ||||||||||
| Brandywine Operating Partnership LP | 4.55 | 10/01/29 | 135,000 | 123,317 | ||||||||||
| Brandywine Operating Partnership LP | 8.30 | 03/15/28 | 145,000 | 150,015 | ||||||||||
| Brandywine Operating Partnership LP | 8.88 | 04/12/29 | 150,000 | 157,476 | ||||||||||
| CTR Partnership LP/CareTrust Capital Corp.(1) | 3.88 | 06/30/28 | 160,000 | 155,804 | ||||||||||
| Global Net Lease, Inc./Global Net Lease Operating Partnership LP(1) | 3.75 | 12/15/27 | 195,000 | 183,373 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 295,000 | 275,944 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 435,000 | 403,424 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 390,000 | 384,828 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 410,000 | 395,346 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 195,000 | 190,866 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 319,000 | 314,356 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 510,000 | 494,746 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 245,000 | 237,855 | ||||||||||
| Iron Mountain, Inc.(1) | 6.25 | 01/15/33 | 480,000 | 479,554 | ||||||||||
| Iron Mountain, Inc.(1) | 7.00 | 02/15/29 | 390,000 | 400,890 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 240,000 | 234,042 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 260,000 | 249,124 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 7.00 | 07/15/31 | 195,000 | 200,549 | ||||||||||
| Necessity Retail REIT, Inc./American Finance Operating Partner LP(1) | 4.50 | 09/30/28 | 195,000 | 184,038 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 4.88 | 05/15/29 | 300,000 | 281,159 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 5.88 | 10/01/28 | 245,000 | 239,349 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 7.00 | 02/01/30 | 240,000 | 240,444 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 235,000 | 225,107 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 275,000 | 270,126 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 04/01/32 | 395,000 | 394,075 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 7.25 | 07/15/28 | 155,000 | 159,419 | ||||||||||
| RLJ Lodging Trust LP(1) | 3.75 | 07/01/26 | 200,000 | 196,275 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 3.6% (Continued) | ||||||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | $ | 190,000 | $ | 171,901 | ||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 605,000 | 561,189 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 580,000 | 567,885 | ||||||||||
| Starwood Property Trust, Inc.(1) | 3.63 | 07/15/26 | 155,000 | 151,435 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 195,000 | 191,449 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.00 | 04/15/30 | 155,000 | 153,358 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 07/01/30 | 195,000 | 196,295 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 10/15/30 | 200,000 | 202,296 | ||||||||||
| Starwood Property Trust, Inc.(1) | 7.25 | 04/01/29 | 240,000 | 249,186 | ||||||||||
| Vornado Realty LP | 2.15 | 06/01/26 | 175,000 | 168,781 | ||||||||||
| Vornado Realty LP | 3.40 | 06/01/31 | 130,000 | 110,777 | ||||||||||
| 10,125,305 | ||||||||||||||
| RETAIL – 4.3% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 305,000 | 285,519 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 610,000 | 586,352 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 5.63 | 09/15/29 | 195,000 | 194,598 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 6.13 | 06/15/29 | 470,000 | 477,992 | ||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 170,000 | 169,879 | ||||||||||
| Advance Auto Parts, Inc. | 1.75 | 10/01/27 | 140,000 | 125,990 | ||||||||||
| Advance Auto Parts, Inc. | 3.50 | 03/15/32 | 255,000 | 213,309 | ||||||||||
| Advance Auto Parts, Inc. | 3.90 | 04/15/30 | 60,000 | 54,046 | ||||||||||
| Advance Auto Parts, Inc. | 5.95 | 03/09/28 | 135,000 | 134,003 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 165,000 | 159,876 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 305,000 | 287,171 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 180,000 | 168,517 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 240,000 | 218,932 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 165,000 | 164,240 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 340,000 | 346,335 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 130,000 | 132,596 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 225,000 | 221,705 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 315,000 | 315,620 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 190,000 | 194,439 | ||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 200,000 | 194,096 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 230,000 | 226,342 | ||||||||||
| FirstCash, Inc.(1) | 6.88 | 03/01/32 | 195,000 | 199,752 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 305,000 | 276,166 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 280,000 | 242,683 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 285,000 | 271,209 | ||||||||||
| Group 1 Automotive, Inc.(1) | 6.38 | 01/15/30 | 220,000 | 222,660 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 295,000 | 294,561 | ||||||||||
| Kohl’s Corp. | 4.63 | 05/01/31 | 200,000 | 127,248 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 175,000 | 84,017 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 315,000 | 292,839 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 205,000 | 188,477 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 170,000 | 165,223 | ||||||||||
| Macy’s Retail Holdings LLC | 4.30 | 02/15/43 | 100,000 | 60,139 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 155,000 | 118,216 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 100,000 | 65,785 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 4.3% (Continued) | ||||||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 04/01/29 | $ | 140,000 | $ | 132,963 | ||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 160,000 | 149,189 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 165,000 | 148,827 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 200,000 | 180,501 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 195,000 | 188,143 | ||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | 120,000 | 119,603 | ||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 135,000 | 129,608 | ||||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 160,000 | 137,729 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 195,000 | 174,666 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 375,000 | 266,434 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 130,000 | 131,592 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 199,000 | 184,718 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 6.75 | 03/01/32 | 250,000 | 252,144 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 270,000 | 253,566 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 185,000 | 169,050 | ||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 250,000 | 233,700 | ||||||||||
| Vivo Energy Investments BV(1) | 5.13 | 09/24/27 | 140,000 | 136,476 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 410,000 | 370,363 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 430,000 | 405,278 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 315,000 | 306,149 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 110,000 | 101,042 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 395,000 | 388,678 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 130,000 | 135,273 | ||||||||||
| 12,176,224 | ||||||||||||||
| SEMICONDUCTORS – 0.7% | ||||||||||||||
| Amkor Technology, Inc.(1) | 6.63 | 09/15/27 | 205,000 | 205,024 | ||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 170,000 | 156,719 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 155,000 | 149,953 | ||||||||||
| Entegris, Inc.(1) | 4.75 | 04/15/29 | 625,000 | 609,060 | ||||||||||
| Entegris, Inc.(1) | 5.95 | 06/15/30 | 350,000 | 349,781 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 275,000 | 260,276 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 160,000 | 148,090 | ||||||||||
| 1,878,903 | ||||||||||||||
| SOFTWARE – 1.3% | ||||||||||||||
| Camelot Finance SA(1) | 4.50 | 11/01/26 | 275,000 | 271,216 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 375,000 | 354,204 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 240,000 | 226,813 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 365,000 | 350,405 | ||||||||||
| Fair Isaac Corp.(1) | 5.25 | 05/15/26 | 150,000 | 149,756 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 365,000 | 349,252 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 350,000 | 322,922 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 340,000 | 314,648 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 255,000 | 228,398 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 200,000 | 193,387 | ||||||||||
| RingCentral, Inc.(1) | 8.50 | 08/15/30 | 155,000 | 163,126 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 395,000 | 365,867 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 1.3% (Continued) | ||||||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | $ | 200,000 | $ | 187,742 | ||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 195,000 | 177,393 | ||||||||||
| 3,655,129 | ||||||||||||||
| TELECOMMUNICATIONS – 3.6% | ||||||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 6.88 | 09/15/55 | 390,000 | 390,519 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 7.00 | 09/15/55 | 500,000 | 497,421 | ||||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | 205,000 | 199,116 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 185,000 | 167,373 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 160,000 | 148,345 | ||||||||||
| Fibercop SpA(1) | 6.00 | 09/30/34 | 195,000 | 181,052 | ||||||||||
| Fibercop SpA(1) | 6.38 | 11/15/33 | 195,000 | 187,054 | ||||||||||
| Fibercop SpA(1) | 7.20 | 07/18/36 | 195,000 | 188,246 | ||||||||||
| Fibercop SpA(1) | 7.72 | 06/04/38 | 195,000 | 193,680 | ||||||||||
| Intelsat Jackson Holdings SA(1) | 6.50 | 03/15/30 | 1,185,000 | 1,168,550 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 310,000 | 276,329 | ||||||||||
| Millicom International Cellular SA(1) | 5.13 | 01/15/28 | 153,000 | 149,366 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 270,000 | 267,107 | ||||||||||
| Millicom International Cellular SA(1) | 7.38 | 04/02/32 | 175,000 | 177,257 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 295,000 | 287,799 | ||||||||||
| Rogers Communications, Inc. | 7.00 | 04/15/55 | 430,000 | 433,471 | ||||||||||
| Rogers Communications, Inc. | 7.13 | 04/15/55 | 395,000 | 393,822 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 195,000 | 188,492 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 195,000 | 195,159 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 195,000 | 199,952 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 195,000 | 203,480 | ||||||||||
| United States Cellular Corp. | 6.70 | 12/15/33 | 215,000 | 233,044 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 250,000 | 245,190 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 175,000 | 160,535 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 530,000 | 463,018 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 545,000 | 479,577 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 7.75 | 04/15/32 | 295,000 | 298,013 | ||||||||||
| Vodafone Group PLC | 3.25 | 06/04/81 | 195,000 | 188,365 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 390,000 | 347,157 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 375,000 | 279,541 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 780,000 | 802,802 | ||||||||||
| Zegona Finance PLC(1) | 8.63 | 07/15/29 | 355,000 | 378,549 | ||||||||||
| 9,969,381 | ||||||||||||||
| TRANSPORTATION – 0.7% | ||||||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 115,000 | 116,595 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 255,000 | 236,036 | ||||||||||
| Genesee & Wyoming, Inc.(1) | 6.25 | 04/15/32 | 275,000 | 278,974 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 335,000 | 311,904 | ||||||||||
| RXO, Inc.(1) | 7.50 | 11/15/27 | 140,000 | 142,508 | ||||||||||
| Stonepeak Nile Parent LLC(1) | 7.25 | 03/15/32 | 195,000 | 198,170 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 130,000 | 131,851 | ||||||||||
| XPO, Inc.(1) | 7.13 | 06/01/31 | 180,000 | 184,443 | ||||||||||
| XPO, Inc.(1) | 7.13 | 02/01/32 | 240,000 | 246,118 | ||||||||||
| 1,846,599 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TRUCKING & LEASING – 0.5% | ||||||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.50 | 05/01/28 | $ | 390,000 | $ | 383,372 | ||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 5.88 | 04/15/33 | 195,000 | 186,792 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.00 | 05/01/31 | 275,000 | 279,904 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.00 | 06/15/32 | 335,000 | 339,825 | ||||||||||
| Fortress Transportation & Infrastructure Investors LLC(1) | 7.88 | 12/01/30 | 195,000 | 204,054 | ||||||||||
| 1,393,947 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $277,002,001) | 275,458,569 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.7% | ||||||||||||||
| TIME DEPOSITS – 0.7% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | 2,018,838 | 2,018,838 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $2,018,838) | 2,018,838 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $279,020,839) | $ | 277,477,407 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 3,184,516 | |||||||||||||
| NET ASSETS – 100.0% | $ | 280,661,923 | ||||||||||||
| (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, 2025, amounts to $212,596,491 and represents 75.7% 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.
74
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High
Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.8% | ||||||||||||||
| ADVERTISING – 1.8% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 40,000 | $ | 32,249 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 5.13 | 08/15/27 | 70,000 | 68,128 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.88 | 04/01/30 | 55,000 | 55,080 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 9.00 | 09/15/28 | 55,000 | 56,987 | ||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | 165,000 | 147,052 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | 25,000 | 23,246 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 35,000 | 32,383 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 35,000 | 34,327 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 70,000 | 66,140 | ||||||||||
| 515,592 | ||||||||||||||
| AEROSPACE/DEFENSE – 2.9% | ||||||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 50,000 | 49,497 | ||||||||||
| Bombardier, Inc.(1) | 7.00 | 06/01/32 | 65,000 | 65,844 | ||||||||||
| Bombardier, Inc.(1) | 7.25 | 07/01/31 | 45,000 | 46,130 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 20,000 | 21,041 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 45,000 | 46,397 | ||||||||||
| Bombardier, Inc.(1) | 7.88 | 04/15/27 | 41,000 | 41,126 | ||||||||||
| Bombardier, Inc.(1) | 8.75 | 11/15/30 | 45,000 | 48,274 | ||||||||||
| Efesto Bidco SpA/Efesto US LLC(1) | 7.50 | 02/15/32 | 55,000 | 54,640 | ||||||||||
| Goat Holdco LLC(1) | 6.75 | 02/01/32 | 45,000 | 44,033 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.75 | 11/15/30 | 75,000 | 83,112 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 65,000 | 62,595 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 52,000 | 50,245 | ||||||||||
| TransDigm, Inc. | 5.50 | 11/15/27 | 165,000 | 164,360 | ||||||||||
| Triumph Group, Inc.(1) | 9.00 | 03/15/28 | 53,000 | 55,663 | ||||||||||
| 832,957 | ||||||||||||||
| AIRLINES – 0.5% | ||||||||||||||
| OneSky Flight LLC(1) | 8.88 | 12/15/29 | 35,000 | 35,384 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 6.38 | 02/01/30 | 70,000 | 60,519 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 7.88 | 05/01/27 | 25,000 | 24,310 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 9.50 | 06/01/28 | 25,000 | 24,448 | ||||||||||
| 144,661 | ||||||||||||||
| APPAREL – 0.5% | ||||||||||||||
| Champ Acquisition Corp.(1) | 8.38 | 12/01/31 | 30,000 | 31,679 | ||||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | 30,000 | 26,262 | ||||||||||
| Crocs, Inc.(1) | 4.25 | 03/15/29 | 15,000 | 13,938 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 35,000 | 36,301 | ||||||||||
| S&S Holdings LLC(1) | 8.38 | 10/01/31 | 35,000 | 32,934 | ||||||||||
| 141,114 | ||||||||||||||
| AUTO MANUFACTURERS – 0.4% | ||||||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.00 | 03/31/29 | 65,000 | 55,928 | ||||||||||
| JB Poindexter & Co., Inc.(1) | 8.75 | 12/15/31 | 35,000 | 35,232 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 30,000 | 25,302 | ||||||||||
| 116,462 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
75
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High
Yield Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO PARTS & EQUIPMENT – 2.8% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.50 | 02/15/33 | $ | 45,000 | $ | 42,678 | ||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 35,000 | 34,682 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 40,000 | 35,139 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 35,000 | 34,180 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 20,000 | 19,275 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.25 | 05/15/26 | 25,000 | 25,102 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 45,000 | 45,742 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 02/15/30 | 45,000 | 45,823 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 8.50 | 05/15/27 | 100,000 | 100,555 | ||||||||||
| Garrett Motion Holdings, Inc./Garrett LX I Sarl(1) | 7.75 | 05/31/32 | 50,000 | 49,954 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 40,000 | 39,453 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 05/31/26 | 65,000 | 64,743 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 50,000 | 47,614 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 35,000 | 32,641 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 35,000 | 32,631 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 30,000 | 27,737 | ||||||||||
| Tenneco, Inc.(1) | 8.00 | 11/17/28 | 120,000 | 114,756 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 20,000 | 19,600 | ||||||||||
| 812,305 | ||||||||||||||
| BANKS – 0.5% | ||||||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 40,000 | 39,741 | ||||||||||
| Freedom Mortgage Corp.(1) | 7.63 | 05/01/26 | 15,000 | 14,973 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.00 | 10/01/28 | 55,000 | 59,014 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.25 | 10/01/30 | 35,000 | 38,541 | ||||||||||
| 152,269 | ||||||||||||||
| BEVERAGES – 0.1% | ||||||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 40,000 | 39,834 | ||||||||||
| BUILDING MATERIALS – 1.2% | ||||||||||||||
| AmeriTex Hold Co. Intermediate LLC(1) | 10.25 | 10/15/28 | 35,000 | 36,099 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 45,000 | 39,075 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 9.50 | 08/15/29 | 30,000 | 26,141 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 65,000 | 64,209 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 30,000 | 27,747 | ||||||||||
| JELD-WEN, Inc.(1) | 7.00 | 09/01/32 | 15,000 | 13,189 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 30,000 | 27,110 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 35,000 | 34,009 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.75 | 03/01/33 | 90,000 | 90,415 | ||||||||||
| 357,994 | ||||||||||||||
| CHEMICALS – 2.9% | ||||||||||||||
| Cerdia Finanz GmbH(1) | 9.38 | 10/03/31 | 55,000 | 55,481 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 40,000 | 33,552 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 25,000 | 24,372 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 50,000 | 45,360 | ||||||||||
| Chemours Co.(1) | 8.00 | 01/15/33 | 35,000 | 31,576 | ||||||||||
| Consolidated Energy Finance SA(1) | 5.63 | 10/15/28 | 25,000 | 19,527 | ||||||||||
| Consolidated Energy Finance SA(1) | 12.00 | 02/15/31 | 45,000 | 40,623 | ||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 2.9% (Continued) | ||||||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | $ | 35,000 | $ | 33,862 | ||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 20,000 | 17,470 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 50,000 | 46,243 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.13 | 10/01/27 | 20,000 | 20,070 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.25 | 06/15/31 | 50,000 | 50,060 | ||||||||||
| Olympus Water US Holding Corp.(1) | 9.75 | 11/15/28 | 110,000 | 114,753 | ||||||||||
| Rain Carbon, Inc.(1) | 12.25 | 09/01/29 | 30,000 | 30,538 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 70,000 | 67,130 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 45,000 | 44,455 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 45,000 | 42,292 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 70,000 | 56,742 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 50,000 | 48,467 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 20,000 | 20,131 | ||||||||||
| 842,704 | ||||||||||||||
| COAL – 0.1% | ||||||||||||||
| Coronado Finance Pty Ltd.(1) | 9.25 | 10/01/29 | 25,000 | 17,090 | ||||||||||
| COMMERCIAL SERVICES – 6.2% | ||||||||||||||
| Albion Financing 2 Sarl(1) | 8.75 | 04/15/27 | 30,000 | 30,311 | ||||||||||
| Allied Universal Holdco LLC(1) | 7.88 | 02/15/31 | 140,000 | 143,135 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 70,000 | 67,093 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 60,000 | 57,730 | ||||||||||
| Alta Equipment Group, Inc.(1) | 9.00 | 06/01/29 | 30,000 | 25,286 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 4.75 | 04/01/28 | 30,000 | 27,940 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 40,000 | 36,859 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 20,000 | 19,419 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 20,000 | 19,455 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.00 | 02/15/31 | 35,000 | 34,806 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.25 | 01/15/30 | 40,000 | 39,950 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 25,000 | 23,010 | ||||||||||
| Champions Financing, Inc.(1) | 8.75 | 02/15/29 | 35,000 | 30,842 | ||||||||||
| Cimpress PLC(1) | 7.38 | 09/15/32 | 35,000 | 31,979 | ||||||||||
| CPI CG, Inc.(1) | 10.00 | 07/15/29 | 20,000 | 21,546 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.00 | 03/15/33 | 35,000 | 34,599 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.63 | 05/15/32 | 35,000 | 35,776 | ||||||||||
| EquipmentShare.com, Inc.(1) | 9.00 | 05/15/28 | 65,000 | 66,238 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 35,000 | 34,434 | ||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | 25,000 | 25,828 | ||||||||||
| GEO Group, Inc. | 10.25 | 04/15/31 | 40,000 | 43,746 | ||||||||||
| Hertz Corp.(1) | 12.63 | 07/15/29 | 75,000 | 73,021 | ||||||||||
| Matthews International Corp.(1) | 8.63 | 10/01/27 | 20,000 | 20,754 | ||||||||||
| Mobius Merger Sub, Inc.(1) | 9.00 | 06/01/30 | 35,000 | 30,890 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 60,000 | 54,480 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 25,000 | 23,410 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 6.25 | 01/15/28 | 80,000 | 80,021 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 35,000 | 32,300 | ||||||||||
| Raven Acquisition Holdings LLC(1) | 6.88 | 11/15/31 | 80,000 | 78,228 | ||||||||||
| RR Donnelley & Sons Co.(1) | 9.50 | 08/01/29 | 70,000 | 66,729 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 6.2% (Continued) | ||||||||||||||
| RR Donnelley & Sons Co.(1) | 10.88 | 08/01/29 | $ | 30,000 | $ | 28,503 | ||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 45,000 | 42,460 | ||||||||||
| Sotheby’s/Bidfair Holdings, Inc.(1) | 5.88 | 06/01/29 | 25,000 | 21,381 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 30,000 | 28,349 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 35,000 | 30,685 | ||||||||||
| Veritiv Operating Co.(1) | 10.50 | 11/30/30 | 65,000 | 67,977 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 25,000 | 24,136 | ||||||||||
| VT Topco, Inc.(1) | 8.50 | 08/15/30 | 30,000 | 31,425 | ||||||||||
| Wand NewCo 3, Inc.(1) | 7.63 | 01/30/32 | 75,000 | 77,349 | ||||||||||
| Williams Scotsman, Inc.(1) | 4.63 | 08/15/28 | 35,000 | 33,694 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 06/15/29 | 25,000 | 25,361 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 04/15/30 | 30,000 | 30,575 | ||||||||||
| Williams Scotsman, Inc.(1) | 7.38 | 10/01/31 | 35,000 | 36,325 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 35,000 | 29,237 | ||||||||||
| 1,817,272 | ||||||||||||||
| COMPUTERS – 1.1% | ||||||||||||||
| Amentum Holdings, Inc.(1) | 7.25 | 08/01/32 | 60,000 | 61,088 | ||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 30,000 | 27,616 | ||||||||||
| Diebold Nixdorf, Inc.(1) | 7.75 | 03/31/30 | 60,000 | 62,617 | ||||||||||
| Fortress Intermediate 3, Inc.(1) | 7.50 | 06/01/31 | 50,000 | 51,174 | ||||||||||
| NCR Voyix Corp.(1) | 5.00 | 10/01/28 | 40,000 | 38,813 | ||||||||||
| NCR Voyix Corp.(1) | 5.13 | 04/15/29 | 23,000 | 22,149 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 30,000 | 29,195 | ||||||||||
| Unisys Corp.(1) | 6.88 | 11/01/27 | 30,000 | 28,916 | ||||||||||
| 321,568 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.2% | ||||||||||||||
| Opal Bidco SAS(1) | 6.50 | 03/31/32 | 70,000 | 70,074 | ||||||||||
| DISTRIBUTION/WHOLESALE – 0.8% | ||||||||||||||
| Gates Corp./DE(1) | 6.88 | 07/01/29 | 35,000 | 35,556 | ||||||||||
| H&E Equipment Services, Inc.(1) | 3.88 | 12/15/28 | 75,000 | 74,762 | ||||||||||
| RB Global Holdings, Inc.(1) | 7.75 | 03/15/31 | 50,000 | 52,487 | ||||||||||
| Velocity Vehicle Group LLC(1) | 8.00 | 06/01/29 | 30,000 | 30,339 | ||||||||||
| Windsor Holdings III LLC(1) | 8.50 | 06/15/30 | 50,000 | 52,690 | ||||||||||
| 245,834 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 3.5% | ||||||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 15,000 | 14,794 | ||||||||||
| AG TTMT Escrow Issuer LLC(1) | 8.63 | 09/30/27 | 50,000 | 51,547 | ||||||||||
| Aretec Group, Inc.(1) | 10.00 | 08/15/30 | 45,000 | 48,510 | ||||||||||
| Azorra Finance Ltd.(1) | 7.75 | 04/15/30 | 35,000 | 34,777 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 8.38 | 06/15/35 | 25,000 | 23,407 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 60,000 | 55,273 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 50,000 | 43,437 | ||||||||||
| Enova International, Inc.(1) | 9.13 | 08/01/29 | 30,000 | 30,717 | ||||||||||
| Enova International, Inc.(1) | 11.25 | 12/15/28 | 25,000 | 26,751 | ||||||||||
| Focus Financial Partners LLC(1) | 6.75 | 09/15/31 | 60,000 | 60,415 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 8.38 | 04/01/32 | 45,000 | 44,056 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.13 | 05/15/31 | 45,000 | 45,555 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 3.5% (Continued) | ||||||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.25 | 02/01/29 | $ | 65,000 | $ | 66,272 | ||||||||
| LFS Topco LLC(1) | 5.88 | 10/15/26 | 20,000 | 19,159 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.13 | 12/15/30 | 35,000 | 35,131 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.50 | 08/15/28 | 60,000 | 59,690 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 5.75 | 11/15/31 | 40,000 | 40,191 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.00 | 01/15/27 | 35,000 | 35,045 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 6.50 | 08/01/29 | 52,000 | 52,903 | ||||||||||
| Nationstar Mortgage Holdings, Inc.(1) | 7.13 | 02/01/32 | 55,000 | 57,112 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 30,000 | 29,920 | ||||||||||
| Planet Financial Group LLC(1) | 10.50 | 12/15/29 | 30,000 | 29,623 | ||||||||||
| Provident Funding Associates LP/PFG Finance Corp.(1) | 9.75 | 09/15/29 | 25,000 | 25,705 | ||||||||||
| RFNA LP(1) | 7.88 | 02/15/30 | 30,000 | 29,540 | ||||||||||
| TrueNoord Capital DAC(1) | 8.75 | 03/01/30 | 20,000 | 20,452 | ||||||||||
| VFH Parent LLC/Valor Co.-Issuer, Inc.(1) | 7.50 | 06/15/31 | 30,000 | 30,824 | ||||||||||
| 1,010,806 | ||||||||||||||
| ELECTRIC – 1.4% | ||||||||||||||
| Alpha Generation LLC(1) | 6.75 | 10/15/32 | 60,000 | 61,200 | ||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 40,000 | 38,716 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 55,000 | 52,948 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 80,000 | 79,311 | ||||||||||
| PG&E Corp. | 7.38 | 03/15/55 | 95,000 | 92,462 | ||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 30,000 | 29,491 | ||||||||||
| Pike Corp.(1) | 8.63 | 01/31/31 | 40,000 | 42,013 | ||||||||||
| 396,141 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.3% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 50,000 | 46,718 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 30,000 | 28,938 | ||||||||||
| Energizer Holdings, Inc.(1) | 6.50 | 12/31/27 | 25,000 | 25,143 | ||||||||||
| 100,799 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 1.0% | ||||||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 25,000 | 23,527 | ||||||||||
| Arcosa, Inc.(1) | 6.88 | 08/15/32 | 35,000 | 35,698 | ||||||||||
| Artera Services LLC(1) | 8.50 | 02/15/31 | 35,000 | 33,248 | ||||||||||
| Brand Industrial Services, Inc.(1) | 10.38 | 08/01/30 | 85,000 | 80,850 | ||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 7.50 | 02/01/32 | 25,000 | 24,421 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 30,000 | 28,563 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 7.50 | 04/15/32 | 15,000 | 14,731 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 25,000 | 25,071 | ||||||||||
| Tutor Perini Corp.(1) | 11.88 | 04/30/29 | 20,000 | 21,603 | ||||||||||
| 287,712 | ||||||||||||||
| ENTERTAINMENT – 4.9% | ||||||||||||||
| Banijay Entertainment SAS(1) | 8.13 | 05/01/29 | 25,000 | 25,647 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 45,000 | 42,875 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 70,000 | 64,692 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.00 | 10/15/32 | 70,000 | 66,036 | ||||||||||
| Caesars Entertainment, Inc.(1) | 8.13 | 07/01/27 | 38,000 | 38,145 | ||||||||||
| CCM Merger, Inc.(1) | 6.38 | 05/01/26 | 20,000 | 20,040 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENTERTAINMENT – 4.9% (Continued) | ||||||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | $ | 45,000 | $ | 43,646 | ||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 35,000 | 34,694 | ||||||||||
| Churchill Downs, Inc.(1) | 5.75 | 04/01/30 | 80,000 | 78,316 | ||||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | 35,000 | 35,393 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 45,000 | 44,226 | ||||||||||
| Cinemark USA, Inc.(1) | 7.00 | 08/01/32 | 35,000 | 35,824 | ||||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 20,000 | 19,037 | ||||||||||
| Everi Holdings, Inc.(1) | 5.00 | 07/15/29 | 30,000 | 30,125 | ||||||||||
| Great Canadian Gaming Corp.(1) | 8.75 | 11/15/29 | 35,000 | 34,733 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 30,000 | 27,333 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.00 | 05/15/28 | 45,000 | 45,050 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.25 | 11/15/29 | 30,000 | 30,615 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.50 | 09/01/31 | 35,000 | 35,987 | ||||||||||
| Lions Gate Capital Holdings 1, Inc.(1) | 5.50 | 04/15/29 | 25,000 | 22,625 | ||||||||||
| Lions Gate Capital Holdings LLC(1) | 5.50 | 04/15/29 | 20,000 | 15,366 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | 60,000 | 58,784 | ||||||||||
| Merlin Entertainments Group US Holdings, Inc.(1) | 7.38 | 02/15/31 | 40,000 | 37,298 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 45,000 | 42,525 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 8.25 | 04/15/30 | 45,000 | 45,035 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 11.88 | 04/15/31 | 40,000 | 39,545 | ||||||||||
| Motion FinCo. Sarl(1) | 8.38 | 02/15/32 | 20,000 | 18,954 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 25,000 | 25,435 | ||||||||||
| Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.(1) | 8.00 | 08/01/30 | 25,000 | 24,081 | ||||||||||
| Penn Entertainment, Inc.(1) | 4.13 | 07/01/29 | 15,000 | 13,171 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 35,000 | 34,474 | ||||||||||
| Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.(1) | 6.63 | 02/01/33 | 35,000 | 34,572 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 50,000 | 47,649 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 45,000 | 42,816 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.25 | 07/15/29 | 35,000 | 33,313 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.38 | 04/15/27 | 35,000 | 34,858 | ||||||||||
| Six Flags Entertainment Corp./DE(1) | 5.50 | 04/15/27 | 35,000 | 34,650 | ||||||||||
| Six Flags Entertainment Corp./DE(1) | 7.25 | 05/15/31 | 50,000 | 50,727 | ||||||||||
| Universal Entertainment Corp.(1) | 9.88 | 08/01/29 | 25,000 | 24,097 | ||||||||||
| 1,432,389 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.7% | ||||||||||||||
| Enviri Corp.(1) | 5.75 | 07/31/27 | 30,000 | 28,945 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 45,000 | 43,006 | ||||||||||
| Reworld Holding Corp.(1) | 4.88 | 12/01/29 | 45,000 | 42,094 | ||||||||||
| Reworld Holding Corp. | 5.00 | 09/01/30 | 25,000 | 23,012 | ||||||||||
| Waste Pro USA, Inc.(1) | 7.00 | 02/01/33 | 55,000 | 56,253 | ||||||||||
| 193,310 | ||||||||||||||
| FOOD – 2.2% | ||||||||||||||
| Aragvi Finance International DAC(1) | 11.13 | 11/20/29 | 35,000 | 34,851 | ||||||||||
| B&G Foods, Inc.(1) | 8.00 | 09/15/28 | 50,000 | 49,669 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 30,000 | 29,527 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 2.2% (Continued) | ||||||||||||||
| Fiesta Purchaser, Inc.(1) | 7.88 | 03/01/31 | $ | 35,000 | $ | 36,708 | ||||||||
| KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc.(1) | 9.00 | 02/15/29 | 65,000 | 66,576 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 59,000 | 53,754 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 95,000 | 89,653 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 75,000 | 73,719 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 10/15/34 | 30,000 | 29,826 | ||||||||||
| Post Holdings, Inc.(1) | 6.38 | 03/01/33 | 80,000 | 79,301 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 55,000 | 51,173 | ||||||||||
| Viking Baked Goods Acquisition Corp.(1) | 8.63 | 11/01/31 | 55,000 | 52,382 | ||||||||||
| 647,139 | ||||||||||||||
| FOOD SERVICE – 0.3% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 70,000 | 68,949 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 30,000 | 30,035 | ||||||||||
| 98,984 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.7% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 20,000 | 18,691 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 40,000 | 33,558 | ||||||||||
| Magnera Corp.(1) | 4.75 | 11/15/29 | 25,000 | 21,817 | ||||||||||
| Magnera Corp.(1) | 7.25 | 11/15/31 | 55,000 | 52,063 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 55,000 | 45,313 | ||||||||||
| Mercer International, Inc.(1) | 12.88 | 10/01/28 | 25,000 | 25,576 | ||||||||||
| 197,018 | ||||||||||||||
| GAS – 0.4% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 30,000 | 28,709 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.88 | 08/20/26 | 45,000 | 44,497 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.38 | 06/01/28 | 30,000 | 29,849 | ||||||||||
| 103,055 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Werner FinCo LP/Werner FinCo, Inc.(1) | 11.50 | 06/15/28 | 25,000 | 26,033 | ||||||||||
| HEALTHCARE-PRODUCTS – 1.3% | ||||||||||||||
| Bausch + Lomb Corp.(1) | 8.38 | 10/01/28 | 85,000 | 88,404 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 35,000 | 31,541 | ||||||||||
| Insulet Corp.(1) | 6.50 | 04/01/33 | 30,000 | 30,631 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 160,000 | 152,099 | ||||||||||
| Neogen Food Safety Corp.(1) | 8.63 | 07/20/30 | 15,000 | 15,159 | ||||||||||
| Sotera Health Holdings LLC(1) | 7.38 | 06/01/31 | 45,000 | 46,210 | ||||||||||
| Varex Imaging Corp.(1) | 7.88 | 10/15/27 | 25,000 | 24,020 | ||||||||||
| 388,064 | ||||||||||||||
| HEALTHCARE-SERVICES – 5.1% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 25,000 | 23,663 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 20,000 | 19,596 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 7.38 | 03/15/33 | 40,000 | 40,015 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | 65,000 | 53,734 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 90,000 | 76,868 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.63 | 03/15/27 | 110,000 | 107,366 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 5.1% (Continued) | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | $ | 30,000 | $ | 27,981 | ||||||||
| CHS/Community Health Systems, Inc.(1) | 8.00 | 12/15/27 | 45,000 | 45,051 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 10.88 | 01/15/32 | 150,000 | 155,064 | ||||||||||
| Concentra Health Services, Inc.(1) | 6.88 | 07/15/32 | 40,000 | 41,002 | ||||||||||
| Fortrea Holdings, Inc.(1) | 7.50 | 07/01/30 | 35,000 | 30,416 | ||||||||||
| HAH Group Holding Co. LLC(1) | 9.75 | 10/01/31 | 40,000 | 38,414 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 35,000 | 33,118 | ||||||||||
| Heartland Dental LLC/Heartland Dental Finance Corp.(1) | 10.50 | 04/30/28 | 45,000 | 47,472 | ||||||||||
| Kedrion SpA(1) | 6.50 | 09/01/29 | 50,000 | 47,969 | ||||||||||
| LifePoint Health, Inc.(1) | 8.38 | 02/15/32 | 45,000 | 45,936 | ||||||||||
| LifePoint Health, Inc.(1) | 9.88 | 08/15/30 | 45,000 | 47,924 | ||||||||||
| LifePoint Health, Inc.(1) | 11.00 | 10/15/30 | 70,000 | 76,713 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 9.38 | 09/01/29 | 95,000 | 90,657 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 12/01/32 | 35,000 | 34,776 | ||||||||||
| Star Parent, Inc.(1) | 9.00 | 10/01/30 | 65,000 | 65,850 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 165,000 | 164,725 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 80,000 | 80,021 | ||||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 25,000 | 25,696 | ||||||||||
| US Acute Care Solutions LLC(1) | 9.75 | 05/15/29 | 60,000 | 60,986 | ||||||||||
| 1,481,013 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.1% | ||||||||||||||
| Clue Opco LLC(1) | 9.50 | 10/15/31 | 45,000 | 43,050 | ||||||||||
| HOME BUILDERS – 0.9% | ||||||||||||||
| Adams Homes, Inc.(1) | 9.25 | 10/15/28 | 25,000 | 25,148 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 30,000 | 29,336 | ||||||||||
| Beazer Homes USA, Inc. | 7.25 | 10/15/29 | 15,000 | 14,584 | ||||||||||
| Beazer Homes USA, Inc.(1) | 7.50 | 03/15/31 | 15,000 | 14,511 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 45,000 | 39,233 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 5.00 | 06/15/29 | 10,000 | 8,915 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 30,000 | 29,443 | ||||||||||
| Empire Communities Corp.(1) | 9.75 | 05/01/29 | 30,000 | 29,308 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 11.75 | 09/30/29 | 30,000 | 31,822 | ||||||||||
| Landsea Homes Corp.(1) | 8.88 | 04/01/29 | 20,000 | 18,951 | ||||||||||
| New Home Co., Inc.(1) | 9.25 | 10/01/29 | 25,000 | 25,828 | ||||||||||
| 267,079 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | 35,000 | 30,466 | ||||||||||
| Kronos Acquisition Holdings, Inc.(1) | 8.25 | 06/30/31 | 35,000 | 28,981 | ||||||||||
| 59,447 | ||||||||||||||
| HOUSEWARES – 0.4% | ||||||||||||||
| CD&R Smokey Buyer, Inc./Radio Systems Corp.(1) | 9.50 | 10/15/29 | 50,000 | 42,971 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 30,000 | 26,309 | ||||||||||
| Scotts Miracle-Gro Co. | 4.38 | 02/01/32 | 20,000 | 17,449 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 25,000 | 23,347 | ||||||||||
| Scotts Miracle-Gro Co. | 5.25 | 12/15/26 | 20,000 | 19,806 | ||||||||||
| 129,882 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 3.8% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | $ | 50,000 | $ | 46,770 | ||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 7.50 | 11/06/30 | 65,000 | 66,271 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 4.25 | 10/15/27 | 45,000 | 43,465 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.50 | 10/01/31 | 60,000 | 59,952 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 04/15/28 | 75,000 | 75,602 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.00 | 01/15/31 | 100,000 | 101,590 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 50,000 | 47,785 | ||||||||||
| AmWINS Group, Inc.(1) | 6.38 | 02/15/29 | 45,000 | 45,564 | ||||||||||
| Ardonagh FinCo. Ltd.(1) | 7.75 | 02/15/31 | 65,000 | 66,229 | ||||||||||
| Baldwin Insurance Group Holdings LLC/Baldwin Insurance Group Holdings Finance(1) | 7.13 | 05/15/31 | 35,000 | 35,648 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 7.25 | 02/15/31 | 60,000 | 61,682 | ||||||||||
| HUB International Ltd.(1) | 7.25 | 06/15/30 | 200,000 | 207,583 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 45,000 | 47,509 | ||||||||||
| Panther Escrow Issuer LLC(1) | 7.13 | 06/01/31 | 190,000 | 194,815 | ||||||||||
| 1,100,465 | ||||||||||||||
| INTERNET – 1.7% | ||||||||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 5.00 | 05/01/28 | 15,000 | 13,281 | ||||||||||
| Acuris Finance US, Inc./Acuris Finance Sarl(1) | 9.00 | 08/01/29 | 35,000 | 33,534 | ||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 30,000 | 27,371 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 60,000 | 56,481 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 30,000 | 28,373 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 20,000 | 19,666 | ||||||||||
| Cogent Communications Group LLC(1) | 7.00 | 06/15/27 | 30,000 | 30,174 | ||||||||||
| Cogent Communications Group, Inc./Cogent Communications Finance, Inc.(1) | 7.00 | 06/15/27 | 15,000 | 15,062 | ||||||||||
| Getty Images, Inc.(1) | 9.75 | 03/01/27 | 20,000 | 19,778 | ||||||||||
| GrubHub Holdings, Inc.(1) | 5.50 | 07/01/27 | 30,000 | 27,144 | ||||||||||
| ION Trading Technologies Sarl(1) | 5.75 | 05/15/28 | 15,000 | 13,514 | ||||||||||
| ION Trading Technologies Sarl(1) | 9.50 | 05/30/29 | 60,000 | 58,407 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 11.75 | 10/15/28 | 35,000 | 18,900 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 5.13 | – | 50,000 | 47,403 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | – | 40,000 | 35,131 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 8.13 | – | 55,000 | 52,008 | ||||||||||
| 496,227 | ||||||||||||||
| INVESTMENT COMPANIES – 0.3% | ||||||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.00 | 01/15/32 | 15,000 | 13,440 | ||||||||||
| Compass Group Diversified Holdings LLC(1) | 5.25 | 04/15/29 | 65,000 | 61,402 | ||||||||||
| 74,842 | ||||||||||||||
| IRON/STEEL – 0.5% | ||||||||||||||
| Algoma Steel, Inc.(1) | 9.13 | 04/15/29 | 25,000 | 21,106 | ||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 20,000 | 19,128 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 25,000 | 23,682 | ||||||||||
| ATI, Inc. | 5.88 | 12/01/27 | 25,000 | 24,964 | ||||||||||
| ATI, Inc. | 7.25 | 08/15/30 | 20,000 | 20,820 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 25,000 | 23,167 | ||||||||||
| 132,867 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| LEISURE TIME – 1.6% | ||||||||||||||
| Lindblad Expeditions Holdings, Inc.(1) | 9.00 | 05/15/28 | $ | 25,000 | $ | 25,713 | ||||||||
| Lindblad Expeditions LLC(1) | 6.75 | 02/15/27 | 15,000 | 14,964 | ||||||||||
| NCL Corp. Ltd.(1) | 6.25 | 03/01/30 | 20,000 | 19,527 | ||||||||||
| NCL Corp. Ltd.(1) | 6.75 | 02/01/32 | 115,000 | 112,369 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 35,000 | 36,153 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 35,000 | 34,775 | ||||||||||
| Sabre GLBL, Inc.(1) | 8.63 | 06/01/27 | 40,000 | 38,326 | ||||||||||
| Sabre GLBL, Inc.(1) | 10.75 | 11/15/29 | 51,000 | 48,769 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 09/15/27 | 50,000 | 49,938 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 35,000 | 35,158 | ||||||||||
| Viking Cruises Ltd.(1) | 9.13 | 07/15/31 | 45,000 | 48,152 | ||||||||||
| 463,844 | ||||||||||||||
| LODGING – 0.8% | ||||||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 4.88 | 07/01/31 | 35,000 | 30,492 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 5.00 | 06/01/29 | 50,000 | 46,284 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 35,000 | 31,959 | ||||||||||
| Marriott Ownership Resorts, Inc. | 4.75 | 01/15/28 | 20,000 | 18,975 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 45,000 | 43,456 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 30,000 | 27,143 | ||||||||||
| Station Casinos LLC(1) | 6.63 | 03/15/32 | 30,000 | 29,854 | ||||||||||
| 228,163 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.1% | ||||||||||||||
| Manitowoc Co., Inc.(1) | 9.25 | 10/01/31 | 20,000 | 20,300 | ||||||||||
| MACHINERY-DIVERSIFIED – 0.7% | ||||||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 35,000 | 37,332 | ||||||||||
| Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC(1) | 9.00 | 02/15/29 | 65,000 | 66,064 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 100,000 | 98,566 | ||||||||||
| 201,962 | ||||||||||||||
| MEDIA – 4.3% | ||||||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 60,000 | 44,248 | ||||||||||
| Block Communications, Inc.(1) | 4.88 | 03/01/28 | 20,000 | 18,732 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 40,000 | 32,580 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 220,000 | 231,410 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 35,000 | 33,146 | ||||||||||
| Gray Media, Inc.(1) | 10.50 | 07/15/29 | 80,000 | 82,203 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 50,000 | 37,149 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 75,000 | 61,724 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 50,000 | 49,032 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 7.38 | 09/01/31 | 45,000 | 46,028 | ||||||||||
| Midcontinent Communications(1) | 8.00 | 08/15/32 | 40,000 | 40,830 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 30,000 | 22,893 | ||||||||||
| Sinclair Television Group, Inc.(1) | 8.13 | 02/15/33 | 90,000 | 89,150 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 60,000 | 51,547 | ||||||||||
| Univision Communications, Inc.(1) | 6.63 | 06/01/27 | 100,000 | 96,859 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 55,000 | 50,153 | ||||||||||
| Univision Communications, Inc.(1) | 8.00 | 08/15/28 | 85,000 | 82,645 | ||||||||||
| Univision Communications, Inc.(1) | 8.50 | 07/31/31 | 85,000 | 80,331 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 4.3% (Continued) | ||||||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | $ | 55,000 | $ | 48,293 | ||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 30,000 | 29,047 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 30,000 | 26,635 | ||||||||||
| 1,254,635 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.1% | ||||||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 30,000 | 28,496 | ||||||||||
| MINING – 1.3% | ||||||||||||||
| Arsenal AIC Parent LLC(1) | 11.50 | 10/01/31 | 30,000 | 32,977 | ||||||||||
| Century Aluminum Co.(1) | 7.50 | 04/01/28 | 20,000 | 20,179 | ||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 20,000 | 18,994 | ||||||||||
| Compass Minerals International, Inc.(1) | 6.75 | 12/01/27 | 30,000 | 29,677 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 30,000 | 29,602 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 30,000 | 30,104 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 35,000 | 34,882 | ||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 30,000 | 29,748 | ||||||||||
| JW Aluminum Continuous Cast Co.(1) | 10.25 | 04/01/30 | 25,000 | 24,330 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 30,000 | 26,986 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 35,000 | 33,715 | ||||||||||
| New Gold, Inc.(1) | 6.88 | 04/01/32 | 25,000 | 25,596 | ||||||||||
| Taseko Mines Ltd.(1) | 8.25 | 05/01/30 | 30,000 | 30,329 | ||||||||||
| 367,119 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.2% | ||||||||||||||
| Calderys Financing LLC(1) | 11.25 | 06/01/28 | 35,000 | 37,023 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 30,000 | 28,115 | ||||||||||
| 65,138 | ||||||||||||||
| OFFICE FURNISHINGS – 0.1% | ||||||||||||||
| Interface, Inc.(1) | 5.50 | 12/01/28 | 20,000 | 19,544 | ||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.5% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 30,000 | 29,935 | ||||||||||
| Pitney Bowes, Inc.(1) | 7.25 | 03/15/29 | 15,000 | 14,931 | ||||||||||
| Xerox Corp. | 4.80 | 03/01/35 | 10,000 | 4,292 | ||||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 25,000 | 10,901 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 45,000 | 28,940 | ||||||||||
| Xerox Holdings Corp.(1) | 8.88 | 11/30/29 | 30,000 | 18,002 | ||||||||||
| Xerox Issuer Corp.(1) | 13.50 | 04/15/31 | 30,000 | 28,545 | ||||||||||
| 135,546 | ||||||||||||||
| OIL & GAS – 5.3% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 7.50 | 10/01/29 | 60,000 | 60,308 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.00 | 11/15/28 | 78,780 | 65,585 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.38 | 11/15/30 | 42,816 | 34,467 | ||||||||||
| California Resources Corp.(1) | 8.25 | 06/15/29 | 55,000 | 52,521 | ||||||||||
| CITGO Petroleum Corp.(1) | 6.38 | 06/15/26 | 25,000 | 24,890 | ||||||||||
| CITGO Petroleum Corp.(1) | 8.38 | 01/15/29 | 85,000 | 85,157 | ||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 65,000 | 58,929 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 25,000 | 23,722 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 5.3% (Continued) | ||||||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | $ | 75,000 | $ | 71,596 | ||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 25,000 | 22,846 | ||||||||||
| CVR Energy, Inc.(1) | 8.50 | 01/15/29 | 35,000 | 32,199 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.50 | 05/01/28 | 40,000 | 40,064 | ||||||||||
| Encino Acquisition Partners Holdings LLC(1) | 8.75 | 05/01/31 | 35,000 | 35,683 | ||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | 30,000 | 29,324 | ||||||||||
| Gulfport Energy Operating Corp.(1) | 6.75 | 09/01/29 | 40,000 | 39,470 | ||||||||||
| Karoon USA Finance, Inc.(1) | 10.50 | 05/14/29 | 20,000 | 19,721 | ||||||||||
| Kimmeridge Texas Gas LLC(1) | 8.50 | 02/15/30 | 30,000 | 28,842 | ||||||||||
| Kraken Oil & Gas Partners LLC(1) | 7.63 | 08/15/29 | 30,000 | 26,882 | ||||||||||
| Long Ridge Energy LLC(1) | 8.75 | 02/15/32 | 35,000 | 33,379 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.88 | 12/01/32 | 25,000 | 24,233 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 8.25 | 09/01/31 | 45,000 | 41,417 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 40,000 | 37,750 | ||||||||||
| Nabors Industries, Inc.(1) | 9.13 | 01/31/30 | 40,000 | 36,272 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.13 | 03/01/28 | 45,000 | 44,469 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.75 | 06/15/31 | 30,000 | 28,859 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 30,000 | 28,164 | ||||||||||
| Sitio Royalties Operating Partnership LP/Sitio Finance Corp.(1) | 7.88 | 11/01/28 | 35,000 | 36,004 | ||||||||||
| Strathcona Resources Ltd./Alberta(1) | 6.88 | 08/01/26 | 35,000 | 34,359 | ||||||||||
| Talos Production, Inc.(1) | 9.00 | 02/01/29 | 40,000 | 38,390 | ||||||||||
| Talos Production, Inc.(1) | 9.38 | 02/01/31 | 35,000 | 32,951 | ||||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 30,000 | 28,550 | ||||||||||
| TGNR Intermediate Holdings LLC(1) | 5.50 | 10/15/29 | 40,000 | 36,798 | ||||||||||
| Transocean Aquila Ltd.(1) | 8.00 | 09/30/28 | 20,385 | 20,120 | ||||||||||
| Transocean Poseidon Ltd.(1) | 6.88 | 02/01/27 | 18,375 | 18,256 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 36,190 | 35,884 | ||||||||||
| Transocean, Inc.(1) | 8.75 | 02/15/30 | 52,000 | 50,870 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 30,000 | 26,252 | ||||||||||
| Vermilion Energy, Inc.(1) | 7.25 | 02/15/33 | 20,000 | 16,808 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 20,000 | 16,889 | ||||||||||
| Vital Energy, Inc.(1) | 7.88 | 04/15/32 | 60,000 | 46,672 | ||||||||||
| Vital Energy, Inc. | 9.75 | 10/15/30 | 20,000 | 16,970 | ||||||||||
| W&T Offshore, Inc.(1) | 10.75 | 02/01/29 | 20,000 | 15,789 | ||||||||||
| Wildfire Intermediate Holdings LLC(1) | 7.50 | 10/15/29 | 35,000 | 32,113 | ||||||||||
| 1,530,424 | ||||||||||||||
| OIL & GAS SERVICES – 0.3% | ||||||||||||||
| Aris Water Holdings LLC(1) | 7.25 | 04/01/30 | 35,000 | 34,764 | ||||||||||
| Star Holding LLC(1) | 8.75 | 08/01/31 | 25,000 | 22,938 | ||||||||||
| Viridien(1) | 10.00 | 10/15/30 | 30,000 | 28,401 | ||||||||||
| 86,103 | ||||||||||||||
| PACKAGING & CONTAINERS – 2.2% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 35,000 | 32,027 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 40,000 | 39,897 | ||||||||||
| Clearwater Paper Corp.(1) | 4.75 | 08/15/28 | 15,000 | 13,962 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 70,000 | 72,188 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 2.2% (Continued) | ||||||||||||||
| Intelligent Packaging Ltd. FinCo., Inc./Intelligent Packaging Ltd. Co.-Issuer LLC(1) | 6.00 | 09/15/28 | $ | 50,000 | $ | 49,704 | ||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 30,000 | 24,866 | ||||||||||
| LABL, Inc.(1) | 8.63 | 10/01/31 | 60,000 | 49,120 | ||||||||||
| LABL, Inc.(1) | 9.50 | 11/01/28 | 20,000 | 17,500 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 04/15/27 | 170,000 | 170,661 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 35,000 | 34,954 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.25 | 05/15/31 | 52,000 | 51,703 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.38 | 06/01/32 | 10,000 | 9,771 | ||||||||||
| Trivium Packaging Finance BV(1) | 5.50 | 08/15/26 | 65,000 | 64,424 | ||||||||||
| 630,777 | ||||||||||||||
| PHARMACEUTICALS – 3.3% | ||||||||||||||
| 1261229 BC Ltd.(1) | 10.00 | 04/15/32 | 260,000 | 254,757 | ||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 35,000 | 31,324 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 30,000 | 26,850 | ||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | 25,000 | 24,267 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 100,000 | 81,324 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 125,000 | 117,644 | ||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 50,000 | 51,929 | ||||||||||
| Cheplapharm Arzneimittel GmbH(1) | 5.50 | 01/15/28 | 30,000 | 26,566 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 45,000 | 45,656 | ||||||||||
| Endo Finance Holdings, Inc.(1) | 8.50 | 04/15/31 | 60,000 | 62,459 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 40,000 | 30,749 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 30,000 | 28,358 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 130,000 | 109,218 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 7.88 | 05/15/34 | 30,000 | 27,668 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 20,000 | 16,229 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 45,000 | 38,350 | ||||||||||
| 973,348 | ||||||||||||||
| PIPELINES – 3.9% | ||||||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 6.63 | 07/15/26 | 25,000 | 24,909 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.00 | 07/15/29 | 35,000 | 35,643 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.25 | 07/15/32 | 20,000 | 20,528 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | 25,000 | 24,725 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 8.63 | 03/15/29 | 60,000 | 61,653 | ||||||||||
| FTAI Infra Escrow Holdings LLC(1) | 10.50 | 06/01/27 | 35,000 | 36,359 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 35,000 | 34,904 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.88 | 05/15/32 | 55,000 | 53,595 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 05/15/33 | 35,000 | 33,997 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25 | 01/15/29 | 30,000 | 30,518 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.88 | 04/15/30 | 35,000 | 35,764 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 6.88 | 01/15/29 | 20,000 | 19,960 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 7.00 | 08/01/27 | 25,000 | 24,842 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 8.25 | 01/15/32 | 30,000 | 30,570 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 7.38 | 07/15/32 | 40,000 | 40,988 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 8.88 | 07/15/28 | 35,000 | 36,407 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 75,000 | 68,580 | ||||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | 25,000 | 26,052 | ||||||||||
| NFE Financing LLC(1) | 12.00 | 11/15/29 | 170,000 | 117,238 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 3.9% (Continued) | ||||||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.13 | 02/15/29 | $ | 55,000 | $ | 51,751 | ||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.38 | 02/15/32 | 85,000 | 77,589 | ||||||||||
| Prairie Acquiror LP(1) | 9.00 | 08/01/29 | 25,000 | 25,227 | ||||||||||
| Summit Midstream Holdings LLC(1) | 8.63 | 10/31/29 | 55,000 | 54,246 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 45,000 | 43,793 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 03/01/27 | 20,000 | 19,761 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 50,000 | 46,608 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 35,000 | 32,299 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.38 | 02/15/29 | 40,000 | 39,894 | ||||||||||
| 1,148,400 | ||||||||||||||
| REAL ESTATE – 0.9% | ||||||||||||||
| Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.(1) | 7.00 | 04/15/30 | 39,400 | 34,992 | ||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 45,000 | 42,629 | ||||||||||
| Five Point Operating Co. LP/Five Point Capital Corp.(1),(3) | 10.50 | 01/15/28 | 36,791 | 37,440 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 40,000 | 38,036 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 45,000 | 40,577 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 25,000 | 22,074 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 45,000 | 38,550 | ||||||||||
| 254,298 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 3.3% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 30,000 | 27,735 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 20,000 | 19,027 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 7.75 | 12/01/29 | 25,000 | 25,992 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 4.50 | 04/01/27 | 50,000 | 48,560 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 5.75 | 05/15/26 | 45,000 | 44,623 | ||||||||||
| Hudson Pacific Properties LP | 3.25 | 01/15/30 | 25,000 | 16,579 | ||||||||||
| Hudson Pacific Properties LP | 3.95 | 11/01/27 | 25,000 | 21,746 | ||||||||||
| Hudson Pacific Properties LP | 4.65 | 04/01/29 | 30,000 | 21,518 | ||||||||||
| Hudson Pacific Properties LP | 5.95 | 02/15/28 | 25,000 | 20,913 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp.(1) | 8.50 | 02/15/32 | 95,000 | 96,596 | ||||||||||
| Pebblebrook Hotel LP/PEB Finance Corp.(1) | 6.38 | 10/15/29 | 25,000 | 24,577 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 04/01/29 | 50,000 | 49,965 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 25,000 | 22,073 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 25,000 | 18,664 | ||||||||||
| Service Properties Trust | 4.75 | 10/01/26 | 25,000 | 24,234 | ||||||||||
| Service Properties Trust | 4.95 | 02/15/27 | 25,000 | 23,791 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 30,000 | 23,579 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 35,000 | 33,374 | ||||||||||
| Service Properties Trust | 8.38 | 06/15/29 | 40,000 | 39,159 | ||||||||||
| Service Properties Trust(1) | 8.63 | 11/15/31 | 60,000 | 63,717 | ||||||||||
| Service Properties Trust | 8.88 | 06/15/32 | 30,000 | 29,031 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 35,000 | 33,528 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 10.50 | 02/15/28 | 167,000 | 177,451 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 30,000 | 28,230 | ||||||||||
| XHR LP(1) | 6.63 | 05/15/30 | 25,000 | 24,657 | ||||||||||
| 959,319 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 5.8% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | $ | 190,000 | $ | 173,148 | ||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 40,000 | 38,768 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 20,000 | 19,833 | ||||||||||
| Beacon Roofing Supply, Inc.(1) | 4.13 | 05/15/29 | 25,000 | 25,233 | ||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 20,000 | 17,317 | ||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 20,000 | 19,040 | ||||||||||
| Brinker International, Inc.(1) | 8.25 | 07/15/30 | 25,000 | 26,249 | ||||||||||
| CEC Entertainment LLC(1) | 6.75 | 05/01/26 | 40,000 | 39,334 | ||||||||||
| Cougar JV Subsidiary LLC(1) | 8.00 | 05/15/32 | 40,000 | 41,533 | ||||||||||
| eG Global Finance PLC(1) | 12.00 | 11/30/28 | 70,000 | 77,068 | ||||||||||
| Evergreen Acqco 1 LP/TVI, Inc.(1) | 9.75 | 04/26/28 | 24,000 | 24,809 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 60,000 | 55,640 | ||||||||||
| Foot Locker, Inc.(1) | 4.00 | 10/01/29 | 20,000 | 16,237 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.38 | 01/15/29 | 35,000 | 30,924 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.75 | 01/15/32 | 25,000 | 20,047 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 11.50 | 08/15/29 | 40,000 | 38,450 | ||||||||||
| GYP Holdings III Corp.(1) | 4.63 | 05/01/29 | 25,000 | 23,536 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 30,000 | 28,998 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 60,000 | 56,789 | ||||||||||
| LCM Investments Holdings II LLC(1) | 8.25 | 08/01/31 | 50,000 | 52,346 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 50,000 | 26,304 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 20,000 | 18,511 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 20,000 | 18,805 | ||||||||||
| Patrick Industries, Inc.(1) | 6.38 | 11/01/32 | 30,000 | 29,156 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 4.75 | 02/15/28 | 70,000 | 66,982 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 25,000 | 12,286 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 15,000 | 6,810 | ||||||||||
| QVC, Inc.(1) | 6.88 | 04/15/29 | 40,000 | 26,605 | ||||||||||
| Raising Cane’s Restaurants LLC(1) | 9.38 | 05/01/29 | 30,000 | 31,830 | ||||||||||
| Saks Global Enterprises LLC(1) | 11.00 | 12/15/29 | 140,000 | 85,072 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 7.75 | 10/15/29 | 30,000 | 28,231 | ||||||||||
| Staples, Inc.(1) | 10.75 | 09/01/29 | 155,000 | 135,069 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 40,000 | 36,594 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 20,000 | 19,916 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 35,000 | 30,566 | ||||||||||
| Victra Holdings LLC/Victra Finance Corp.(1) | 8.75 | 09/15/29 | 30,000 | 30,495 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.20 | 04/15/30 | 30,000 | 28,256 | ||||||||||
| Walgreens Boots Alliance, Inc. | 3.45 | 06/01/26 | 85,000 | 83,139 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.10 | 04/15/50 | 40,000 | 34,960 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.50 | 11/18/34 | 20,000 | 18,877 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.65 | 06/01/46 | 15,000 | 13,615 | ||||||||||
| Walgreens Boots Alliance, Inc. | 4.80 | 11/18/44 | 45,000 | 41,587 | ||||||||||
| Walgreens Boots Alliance, Inc. | 8.13 | 08/15/29 | 45,000 | 46,863 | ||||||||||
| 1,695,828 | ||||||||||||||
| SEMICONDUCTORS – 0.1% | ||||||||||||||
| ams-OSRAM AG(1) | 12.25 | 03/30/29 | 20,000 | 20,291 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 4.0% | ||||||||||||||
| ACI Worldwide, Inc.(1) | 5.75 | 08/15/26 | $ | 30,000 | $ | 29,902 | ||||||||
| Capstone Borrower, Inc.(1) | 8.00 | 06/15/30 | 30,000 | 30,686 | ||||||||||
| Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.(1) | 8.00 | 06/15/29 | 45,000 | 39,913 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 50,000 | 43,065 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 55,000 | 50,070 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 240,000 | 240,314 | ||||||||||
| Cloud Software Group, Inc.(1) | 8.25 | 06/30/32 | 115,000 | 120,048 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 25,000 | 24,555 | ||||||||||
| Dun & Bradstreet Corp.(1) | 5.00 | 12/15/29 | 30,000 | 29,968 | ||||||||||
| Dye & Durham Ltd.(1) | 8.63 | 04/15/29 | 35,000 | 35,638 | ||||||||||
| Ellucian Holdings, Inc.(1) | 6.50 | 12/01/29 | 45,000 | 45,068 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 4.63 | 05/01/28 | 30,000 | 27,052 | ||||||||||
| Helios Software Holdings, Inc./ION Corporate Solutions Finance Sarl(1) | 8.75 | 05/01/29 | 35,000 | 34,021 | ||||||||||
| Rocket Software, Inc.(1) | 9.00 | 11/28/28 | 50,000 | 51,572 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 120,000 | 119,525 | ||||||||||
| SS&C Technologies, Inc.(1) | 6.50 | 06/01/32 | 45,000 | 45,669 | ||||||||||
| UKG, Inc.(1) | 6.88 | 02/01/31 | 150,000 | 154,463 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 40,000 | 36,797 | ||||||||||
| 1,158,326 | ||||||||||||||
| TELECOMMUNICATIONS – 6.7% | ||||||||||||||
| Africell Holding Ltd.(1) | 10.50 | 10/23/29 | 20,000 | 18,834 | ||||||||||
| CommScope LLC(1) | 4.75 | 09/01/29 | 55,000 | 48,613 | ||||||||||
| CommScope LLC(1) | 9.50 | 12/15/31 | 65,000 | 66,548 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 9.00 | 09/15/29 | 125,000 | 117,090 | ||||||||||
| Consolidated Communications, Inc.(1) | 5.00 | 10/01/28 | 25,000 | 23,762 | ||||||||||
| Consolidated Communications, Inc.(1) | 6.50 | 10/01/28 | 45,000 | 44,289 | ||||||||||
| EchoStar Corp. | 10.75 | 11/30/29 | 335,000 | 354,635 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 110,000 | 108,960 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 75,000 | 74,979 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 45,000 | 45,068 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 60,000 | 60,260 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 60,000 | 60,311 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 45,000 | 47,758 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 75,000 | 78,572 | ||||||||||
| Frontier Florida LLC | 6.86 | 02/01/28 | 10,000 | 10,246 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 25,000 | 21,812 | ||||||||||
| Hughes Satellite Systems Corp. | 5.25 | 08/01/26 | 45,000 | 41,998 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 10/15/28 | 55,000 | 55,719 | ||||||||||
| Iliad Holding SASU(1) | 7.00 | 04/15/32 | 50,000 | 50,744 | ||||||||||
| Iliad Holding SASU(1) | 8.50 | 04/15/31 | 55,000 | 58,073 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 04/15/29 | 40,000 | 44,489 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.50 | 05/15/30 | 65,000 | 70,595 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.75 | 12/15/30 | 40,000 | 44,484 | ||||||||||
| Level 3 Financing, Inc.(1) | 11.00 | 11/15/29 | 90,000 | 100,688 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/29 | 20,000 | 18,900 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/30 | 15,000 | 14,100 | ||||||||||
| Lumen Technologies, Inc.(1) | 10.00 | 10/15/32 | 35,000 | 34,956 | ||||||||||
| Sunrise Hold Co. IV BV(1) | 5.50 | 01/15/28 | 20,000 | 19,620 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 6.7% (Continued) | ||||||||||||||
| Windstream Services LLC/Windstream Escrow Finance Corp.(1) | 8.25 | 10/01/31 | $ | 140,000 | $ | 143,448 | ||||||||
| Zayo Group Holdings, Inc.(1) | 4.00 | 03/01/27 | 85,000 | 78,407 | ||||||||||
| 1,957,958 | ||||||||||||||
| TRANSPORTATION – 0.5% | ||||||||||||||
| Brightline East LLC(1) | 11.00 | 01/31/30 | 70,000 | 57,126 | ||||||||||
| Star Leasing Co. LLC(1) | 7.63 | 02/15/30 | 45,000 | 40,426 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 7.13 | 08/01/32 | 45,000 | 44,946 | ||||||||||
| 142,498 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $28,815,539) | 28,436,369 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.2% | ||||||||||||||
| TIME DEPOSITS – 1.2% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 342,682 | 342,682 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $342,682) | 342,682 | |||||||||||||
| TOTAL INVESTMENTS – 99.0% (Cost - $29,158,221) | $ | 28,779,051 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.0% | 281,031 | |||||||||||||
| NET ASSETS – 100.0% | $ | 29,060,082 | ||||||||||||
| (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, 2025, amounts to $25,303,121 and represents 87.1% 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, 2025. |
The accompanying notes are an integral part of these financial statements.
91
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High
Yield Corporate Bond ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Shares | Value | |||||||
| COMMON STOCKS – 0.0% | ||||||||
| MEDIA – 0.0% | ||||||||
| Beasley Broadcast Group, Inc. Class A* | 119 | $ | 644 | |||||
| TOTAL COMMON STOCKS (Cost - $1,474) | 644 | |||||||
| Rate (%) | Maturity | Face Amount |
||||||||||||
| CORPORATE BONDS – 97.1% | ||||||||||||||
| ADVERTISING – 1.9% | ||||||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | $ | 1,110,000 | 910,993 | |||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 1,059,000 | 879,791 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 06/18/29 | 610,000 | 535,275 | ||||||||||
| 2,326,059 | ||||||||||||||
| AEROSPACE/DEFENSE – 1.0% | ||||||||||||||
| F-Brasile SpA/F-Brasile US LLC(1) | 7.38 | 08/15/26 | 530,000 | 530,941 | ||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 745,000 | 721,003 | ||||||||||
| 1,251,944 | ||||||||||||||
| APPAREL – 0.4% | ||||||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 575,000 | 479,350 | ||||||||||
| AUTO MANUFACTURERS – 1.1% | ||||||||||||||
| McLaren Finance PLC(1) | 7.50 | 08/01/26 | 655,000 | 656,781 | ||||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 690,000 | 666,903 | ||||||||||
| 1,323,684 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.8% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 685,000 | 474,244 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 630,000 | 470,644 | ||||||||||
| 944,888 | ||||||||||||||
| BIOTECHNOLOGY – 0.3% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | 495,000 | 319,228 | ||||||||||
| BUILDING MATERIALS – 1.4% | ||||||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 355,000 | 238,522 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 7.00 | 12/01/28 | 537,000 | 444,388 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 615,000 | 560,403 | ||||||||||
| Wilsonart LLC(1) | 11.00 | 08/15/32 | 535,000 | 484,971 | ||||||||||
| 1,728,284 | ||||||||||||||
| CHEMICALS – 3.7% | ||||||||||||||
| GPD Cos, Inc.(1) | 10.13 | 04/01/26 | 540,000 | 488,971 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 485,000 | 486,234 | ||||||||||
| Innophos Holdings, Inc.(1) | 11.50 | 06/15/29 | 485,000 | 491,062 | ||||||||||
| Mativ Holdings, Inc.(1) | 8.00 | 10/01/29 | 420,000 | 349,668 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 415,000 | 381,842 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 750,000 | 729,333 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 795,000 | 604,057 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 1,215,000 | 1,078,334 | ||||||||||
| 4,609,501 | ||||||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 5.8% | ||||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | $ | 1,015,000 | $ | 953,512 | ||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 9.75 | 07/15/27 | 1,110,000 | 1,114,929 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 500,000 | 459,682 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 525,000 | 491,924 | ||||||||||
| Garda World Security Corp.(1) | 8.25 | 08/01/32 | 600,000 | 590,275 | ||||||||||
| Garda World Security Corp.(1) | 8.38 | 11/15/32 | 1,050,000 | 1,036,779 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 560,000 | 468,169 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 1,041,000 | 642,546 | ||||||||||
| Mavis Tire Express Services Topco Corp.(1) | 6.50 | 05/15/29 | 755,000 | 697,347 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 306,000 | 164,640 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 420,000 | 378,074 | ||||||||||
| WW International, Inc.(1) | 4.50 | 04/15/29 | 556,000 | 132,726 | ||||||||||
| 7,130,603 | ||||||||||||||
| COMPUTERS – 2.1% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 435,000 | 421,231 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 2,135,000 | 1,846,395 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 365,000 | 348,472 | ||||||||||
| 2,616,098 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 1.0% | ||||||||||||||
| BCPE Empire Holdings, Inc.(1) | 7.63 | 05/01/27 | 730,000 | 730,000 | ||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 525,000 | 509,954 | ||||||||||
| 1,239,954 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 3.1% | ||||||||||||||
| Aretec Group, Inc.(1) | 7.50 | 04/01/29 | 420,000 | 411,165 | ||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 369,000 | 340,112 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 420,000 | 338,145 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 12.25 | 11/01/29 | 272,000 | 263,826 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 325,000 | 311,184 | ||||||||||
| Hightower Holding LLC(1) | 9.13 | 01/31/30 | 415,000 | 424,869 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 530,000 | 436,798 | ||||||||||
| LD Holdings Group LLC(1) | 8.75 | 11/01/27 | 360,000 | 328,937 | ||||||||||
| Osaic Holdings, Inc.(1) | 10.75 | 08/01/27 | 460,000 | 461,448 | ||||||||||
| PHH Escrow Issuer LLC/PHH Corp.(1) | 9.88 | 11/01/29 | 526,000 | 509,352 | ||||||||||
| 3,825,836 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.2% | ||||||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 335,000 | 306,168 | ||||||||||
| ENTERTAINMENT – 2.1% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 595,000 | 427,160 | ||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 698,000 | 212,890 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 1,020,000 | 704,738 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 430,000 | 407,107 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 780,000 | 460,200 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 810,000 | 425,250 | ||||||||||
| 2,637,345 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENVIRONMENTAL CONTROL – 0.8% | ||||||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | $ | 1,090,000 | $ | 1,032,234 | ||||||||
| FOOD – 2.4% | ||||||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 585,000 | 549,742 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 415,000 | 347,574 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.63 | 07/01/29 | 525,000 | 550,539 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 9.63 | 09/15/32 | 480,000 | 503,103 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 525,000 | 471,594 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 530,000 | 520,973 | ||||||||||
| 2,943,525 | ||||||||||||||
| FOOD SERVICE – 0.6% | ||||||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 720,000 | 723,259 | ||||||||||
| HEALTHCARE-SERVICES – 4.0% | ||||||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 315,000 | 291,455 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 1,285,000 | 877,488 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 1,340,000 | 977,644 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 522,000 | 470,490 | ||||||||||
| LifePoint Health, Inc.(1) | 10.00 | 06/01/32 | 855,000 | 830,419 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 12/31/30 | 820,000 | 636,377 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 7.25 | 04/15/32 | 855,000 | 854,128 | ||||||||||
| 4,938,001 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% | ||||||||||||||
| Kronos Acquisition Holdings, Inc.(1) | 10.75 | 06/30/32 | 470,000 | 282,492 | ||||||||||
| INSURANCE – 9.9% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 520,000 | 493,130 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.25 | 02/01/29 | 992,000 | 1,015,888 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.50 | 06/15/29 | 527,000 | 544,959 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 5.88 | 11/01/29 | 430,000 | 415,503 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 10/15/27 | 1,315,000 | 1,306,920 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.38 | 10/01/32 | 690,000 | 698,150 | ||||||||||
| Ardonagh Group Finance Ltd.(1) | 8.88 | 02/15/32 | 1,620,000 | 1,653,781 | ||||||||||
| AssuredPartners, Inc.(1) | 5.63 | 01/15/29 | 580,000 | 578,623 | ||||||||||
| AssuredPartners, Inc.(1) | 7.50 | 02/15/32 | 535,000 | 569,203 | ||||||||||
| BroadStreet Partners, Inc.(1) | 5.88 | 04/15/29 | 760,000 | 734,629 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 8.13 | 02/15/32 | 525,000 | 533,236 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 546,000 | 534,038 | ||||||||||
| HUB International Ltd.(1) | 7.38 | 01/31/32 | 1,830,000 | 1,886,487 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 10.50 | 12/15/30 | 525,000 | 565,232 | ||||||||||
| USI, Inc./NY(1) | 7.50 | 01/15/32 | 650,000 | 672,126 | ||||||||||
| 12,201,905 | ||||||||||||||
| INTERNET – 1.5% | ||||||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 525,000 | 470,723 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 435,000 | 403,297 | ||||||||||
| Millennium Escrow Corp.(1) | 6.63 | 08/01/26 | 830,000 | 601,435 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 540,000 | 320,884 | ||||||||||
| 1,796,339 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| IRON/STEEL – 0.9% | ||||||||||||||
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP(1) | 8.75 | 07/15/26 | $ | 620,000 | $ | 545,461 | ||||||||
| Infrabuild Australia Pty Ltd.(1) | 14.50 | 11/15/28 | 579,000 | 608,095 | ||||||||||
| 1,153,556 | ||||||||||||||
| LEISURE TIME – 0.3% | ||||||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 550,000 | 407,355 | ||||||||||
| LODGING – 0.3% | ||||||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 430,000 | 402,878 | ||||||||||
| MACHINERY-DIVERSIFIED – 1.8% | ||||||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/23/29 | 520,000 | 307,712 | ||||||||||
| GrafTech Global Enterprises, Inc.(1) | 9.88 | 12/23/29 | 470,000 | 354,850 | ||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 11.50 | 09/01/28 | 540,000 | 533,925 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 540,000 | 545,161 | ||||||||||
| TK Elevator Holdco GmbH(1) | 7.63 | 07/15/28 | 420,000 | 421,104 | ||||||||||
| 2,162,752 | ||||||||||||||
| MEDIA – 9.3% | ||||||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 265,000 | 177,153 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 290,000 | 199,024 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 399,000 | 271,721 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 265,000 | 231,811 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 365,000 | 339,499 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 465,000 | 380,707 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 265,000 | 259,244 | ||||||||||
| CSC Holdings LLC(1) | 11.75 | 01/31/29 | 543,700 | 514,364 | ||||||||||
| Cumulus Media New Holdings, Inc.(1) | 8.00 | 07/01/29 | 331,000 | 92,680 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 450,000 | 282,311 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 810,000 | 738,612 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 755,000 | 635,498 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 300,000 | 203,042 | ||||||||||
| DISH DBS Corp. | 7.75 | 07/01/26 | 600,000 | 522,253 | ||||||||||
| Gray Media, Inc.(1) | 4.75 | 10/15/30 | 830,000 | 495,925 | ||||||||||
| Gray Media, Inc.(1) | 5.38 | 11/15/31 | 1,280,000 | 764,852 | ||||||||||
| Gray Media, Inc.(1) | 7.00 | 05/15/27 | 575,000 | 559,955 | ||||||||||
| iHeartCommunications, Inc.(1) | 7.75 | 08/15/30 | 699,100 | 500,985 | ||||||||||
| iHeartCommunications, Inc.(1) | 9.13 | 05/01/29 | 904,750 | 702,032 | ||||||||||
| iHeartCommunications, Inc.(1) | 10.88 | 05/01/30 | 913,000 | 385,742 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 680,000 | 674,421 | ||||||||||
| Radiate Holdco LLC/Radiate Finance, Inc.(1) | 4.50 | 09/15/26 | 960,000 | 829,334 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 425,000 | 242,378 | ||||||||||
| Scripps Escrow, Inc.(1) | 5.88 | 07/15/27 | 450,000 | 356,901 | ||||||||||
| Sinclair Television Group, Inc.(1) | 4.38 | 12/31/32 | 178,000 | 107,922 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.13 | 02/15/27 | 110,000 | 103,125 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 610,000 | 442,250 | ||||||||||
| Sinclair Television Group, Inc.(1) | 9.75 | 02/15/33 | 185,000 | 191,938 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 620,000 | 298,276 | ||||||||||
| 11,503,955 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| METAL FABRICATE/HARDWARE – 0.3% | ||||||||||||||
| Park-Ohio Industries, Inc. | 6.63 | 04/15/27 | $ | 365,000 | $ | 353,187 | ||||||||
| MISCELLANEOUS MANUFACTURER – 1.0% | ||||||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 830,000 | 735,413 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 497,000 | 440,491 | ||||||||||
| 1,175,904 | ||||||||||||||
| OIL & GAS – 3.2% | ||||||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 360,000 | 337,951 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 9.75 | 07/15/28 | 335,000 | 300,142 | ||||||||||
| Global Marine, Inc. | 7.00 | 06/01/28 | 290,000 | 250,227 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 405,000 | 322,704 | ||||||||||
| Nabors Industries, Inc.(1) | 8.88 | 08/15/31 | 603,000 | 409,764 | ||||||||||
| Transocean, Inc. | 6.80 | 03/15/38 | 525,000 | 324,032 | ||||||||||
| Transocean, Inc. | 7.50 | 04/15/31 | 360,000 | 256,338 | ||||||||||
| Transocean, Inc.(1) | 8.00 | 02/01/27 | 545,000 | 506,722 | ||||||||||
| Transocean, Inc.(1) | 8.25 | 05/15/29 | 790,000 | 637,629 | ||||||||||
| Transocean, Inc.(1) | 8.50 | 05/15/31 | 767,000 | 593,604 | ||||||||||
| 3,939,113 | ||||||||||||||
| OIL & GAS SERVICES – 0.2% | ||||||||||||||
| Nine Energy Service, Inc. | 13.00 | 02/01/28 | 330,000 | 194,175 | ||||||||||
| PACKAGING & CONTAINERS – 5.5% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 1,110,000 | 967,452 | ||||||||||
| Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc.(1) | 4.13 | 08/15/26 | 1,285,000 | 1,135,452 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 542,000 | 530,579 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 415,000 | 367,338 | ||||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | 485,000 | 329,497 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 730,000 | 654,149 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 1,430,000 | 1,313,341 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 12.75 | 12/31/28 | 655,000 | 687,941 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.50 | 08/15/27 | 745,000 | 737,351 | ||||||||||
| 6,723,100 | ||||||||||||||
| PHARMACEUTICALS – 2.5% | ||||||||||||||
| Bausch Health Americas, Inc.(1) | 8.50 | 01/31/27 | 425,000 | 404,166 | ||||||||||
| Bausch Health Americas, Inc.(1) | 9.25 | 04/01/26 | 120,000 | 117,114 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 01/30/28 | 285,000 | 218,464 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 02/15/29 | 365,000 | 231,405 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 01/30/30 | 660,000 | 387,030 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 02/15/31 | 360,000 | 194,758 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.25 | 02/15/29 | 635,000 | 416,719 | ||||||||||
| Bausch Health Cos, Inc.(1) | 7.25 | 05/30/29 | 230,000 | 154,344 | ||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 260,000 | 223,095 | ||||||||||
| Grifols SA(1) | 4.75 | 10/15/28 | 755,000 | 703,540 | ||||||||||
| 3,050,635 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 0.8% | ||||||||||||||
| New Fortress Energy, Inc.(1) | 6.50 | 09/30/26 | $ | 560,000 | $ | 459,302 | ||||||||
| TransMontaigne Partners LLC(1) | 8.50 | 06/15/30 | 525,000 | 529,168 | ||||||||||
| 988,470 | ||||||||||||||
| REAL ESTATE – 0.7% | ||||||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 480,000 | 353,167 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 585,000 | 462,590 | ||||||||||
| 815,757 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 5.0% | ||||||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 535,000 | 414,716 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 525,000 | 470,215 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 1,150,000 | 763,336 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 765,000 | 583,594 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 1,205,000 | 1,065,511 | ||||||||||
| Office Properties Income Trust(1) | 3.25 | 03/15/27 | 486,551 | 389,886 | ||||||||||
| Office Properties Income Trust(1) | 9.00 | 03/31/29 | 310,000 | 297,858 | ||||||||||
| Office Properties Income Trust(1) | 9.00 | 09/30/29 | 595,000 | 441,788 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 765,000 | 685,098 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 1,150,000 | 1,053,486 | ||||||||||
| 6,165,488 | ||||||||||||||
| RETAIL – 5.8% | ||||||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 470,000 | 376,836 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 875,000 | 761,164 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 1,320,000 | 1,156,317 | ||||||||||
| Foundation Building Materials, Inc.(1) | 6.00 | 03/01/29 | 415,000 | 350,282 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 435,000 | 253,512 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 760,000 | 666,860 | ||||||||||
| Liberty Interactive LLC | 8.25 | 02/01/30 | 535,000 | 201,069 | ||||||||||
| Liberty Interactive LLC | 8.50 | 07/15/29 | 325,000 | 125,708 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 1,115,000 | 388,768 | ||||||||||
| Park River Holdings, Inc.(1) | 5.63 | 02/01/29 | 360,000 | 282,056 | ||||||||||
| Park River Holdings, Inc.(1) | 6.75 | 08/01/29 | 310,000 | 245,461 | ||||||||||
| PetSmart, Inc./PetSmart Finance Corp.(1) | 7.75 | 02/15/29 | 1,215,000 | 1,133,444 | ||||||||||
| Staples, Inc.(1) | 12.75 | 01/15/30 | 875,847 | 513,831 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 684,000 | 667,197 | ||||||||||
| 7,122,505 | ||||||||||||||
| SOFTWARE – 4.8% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 2,490,000 | 2,382,460 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 2,410,000 | 2,430,557 | ||||||||||
| Rackspace Finance LLC(1) | 3.50 | 05/15/28 | 355,000 | 129,920 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 605,000 | 578,488 | ||||||||||
| West Technology Group LLC(1) | 8.50 | 04/10/27 | 495,000 | 324,225 | ||||||||||
| 5,845,650 | ||||||||||||||
| TELECOMMUNICATIONS – 10.2% | ||||||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 1,030,000 | 792,177 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 4,055,000 | 2,995,638 | ||||||||||
| Altice Financing SA(1) | 9.63 | 07/15/27 | 320,000 | 276,307 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 10.2% (Continued) | ||||||||||||||
| CommScope LLC(1) | 7.13 | 07/01/28 | $ | 675,000 | $ | 574,173 | ||||||||
| CommScope LLC(1) | 8.25 | 03/01/27 | 930,000 | 848,322 | ||||||||||
| CommScope Technologies LLC(1) | 5.00 | 03/15/27 | 785,000 | 684,022 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 456,349 | 173,413 | ||||||||||
| Hughes Satellite Systems Corp. | 6.63 | 08/01/26 | 785,000 | 638,269 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 275,000 | 213,812 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 340,000 | 257,305 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 10/15/30 | 390,000 | 309,543 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.00 | 04/15/31 | 380,000 | 298,391 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.50 | 04/01/30 | 658,000 | 551,226 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.88 | 06/15/29 | 555,000 | 487,013 | ||||||||||
| Level 3 Financing, Inc.(1) | 10.00 | 10/15/32 | 329,340 | 328,997 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 310,000 | 247,880 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 375,000 | 276,146 | ||||||||||
| Lumen Technologies, Inc. | 7.65 | 03/15/42 | 295,000 | 214,881 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 4.88 | 06/01/27 | 225,000 | 121,010 | ||||||||||
| Telesat Canada/Telesat LLC(1) | 5.63 | 12/06/26 | 720,000 | 410,400 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 420,000 | 369,747 | ||||||||||
| Viasat, Inc.(1) | 7.50 | 05/30/31 | 785,000 | 598,419 | ||||||||||
| Zayo Group Holdings, Inc.(1) | 6.13 | 03/01/28 | 1,145,000 | 935,750 | ||||||||||
| 12,602,841 | ||||||||||||||
| TRANSPORTATION – 0.2% | ||||||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 315,000 | 260,095 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $126,170,649) | 119,524,113 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.1% | ||||||||||||||
| TIME DEPOSITS – 1.1% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 1,361,330 | 1,361,330 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,361,330) | 1,361,330 | |||||||||||||
| TOTAL INVESTMENTS – 98.2% (Cost - $127,533,453) | $ | 120,886,087 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.8% | 2,155,601 | |||||||||||||
| NET ASSETS – 100.0% | $ | 123,041,688 | ||||||||||||
| * | 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, 2025, amounts to $110,642,764 and represents 89.9% 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.
98
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of
Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.5% | ||||||||||||||
| ADVERTISING – 0.1% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 4.65 | 10/01/28 | $ | 55,000 | $ | 55,257 | ||||||||
| Interpublic Group of Cos, Inc. | 4.75 | 03/30/30 | 65,000 | 65,136 | ||||||||||
| Omnicom Group, Inc. | 2.45 | 04/30/30 | 60,000 | 53,845 | ||||||||||
| 174,238 | ||||||||||||||
| AEROSPACE/DEFENSE – 2.4% | ||||||||||||||
| Boeing Co. | 2.70 | 02/01/27 | 110,000 | 106,305 | ||||||||||
| Boeing Co. | 2.95 | 02/01/30 | 90,000 | 82,491 | ||||||||||
| Boeing Co. | 3.10 | 05/01/26 | 60,000 | 59,074 | ||||||||||
| Boeing Co. | 3.20 | 03/01/29 | 105,000 | 99,183 | ||||||||||
| Boeing Co. | 3.25 | 02/01/28 | 120,000 | 115,584 | ||||||||||
| Boeing Co. | 5.04 | 05/01/27 | 220,000 | 221,493 | ||||||||||
| Boeing Co. | 6.26 | 05/01/27 | 115,000 | 118,499 | ||||||||||
| Boeing Co. | 6.30 | 05/01/29 | 160,000 | 168,430 | ||||||||||
| HEICO Corp. | 5.25 | 08/01/28 | 55,000 | 56,167 | ||||||||||
| Howmet Aerospace, Inc. | 3.00 | 01/15/29 | 80,000 | 76,125 | ||||||||||
| Howmet Aerospace, Inc. | 5.90 | 02/01/27 | 70,000 | 71,782 | ||||||||||
| L3Harris Technologies, Inc. | 3.85 | 12/15/26 | 70,000 | 69,342 | ||||||||||
| L3Harris Technologies, Inc. | 4.40 | 06/15/28 | 105,000 | 104,746 | ||||||||||
| L3Harris Technologies, Inc. | 4.40 | 06/15/28 | 95,000 | 94,806 | ||||||||||
| L3Harris Technologies, Inc. | 5.05 | 06/01/29 | 80,000 | 81,306 | ||||||||||
| L3Harris Technologies, Inc. | 5.40 | 01/15/27 | 130,000 | 132,067 | ||||||||||
| Northrop Grumman Corp. | 3.20 | 02/01/27 | 85,000 | 83,528 | ||||||||||
| Northrop Grumman Corp. | 3.25 | 01/15/28 | 220,000 | 214,150 | ||||||||||
| Northrop Grumman Corp. | 4.60 | 02/01/29 | 60,000 | 60,678 | ||||||||||
| RTX Corp. | 2.65 | 11/01/26 | 80,000 | 78,106 | ||||||||||
| RTX Corp. | 3.13 | 05/04/27 | 120,000 | 117,315 | ||||||||||
| RTX Corp. | 3.50 | 03/15/27 | 125,000 | 123,210 | ||||||||||
| RTX Corp. | 4.13 | 11/16/28 | 330,000 | 327,569 | ||||||||||
| RTX Corp. | 5.75 | 11/08/26 | 125,000 | 127,435 | ||||||||||
| RTX Corp. | 5.75 | 01/15/29 | 60,000 | 62,708 | ||||||||||
| 2,852,099 | ||||||||||||||
| AGRICULTURE – 1.3% | ||||||||||||||
| Altria Group, Inc. | 2.63 | 09/16/26 | 55,000 | 53,651 | ||||||||||
| Altria Group, Inc. | 4.80 | 02/14/29 | 205,000 | 206,204 | ||||||||||
| Altria Group, Inc. | 4.88 | 02/04/28 | 60,000 | 60,719 | ||||||||||
| Altria Group, Inc. | 6.20 | 11/01/28 | 50,000 | 52,778 | ||||||||||
| BAT Capital Corp. | 2.26 | 03/25/28 | 195,000 | 183,441 | ||||||||||
| BAT Capital Corp. | 3.22 | 09/06/26 | 105,000 | 103,296 | ||||||||||
| BAT Capital Corp. | 3.46 | 09/06/29 | 50,000 | 47,647 | ||||||||||
| BAT Capital Corp. | 3.56 | 08/15/27 | 250,000 | 245,444 | ||||||||||
| BAT Capital Corp. | 4.70 | 04/02/27 | 95,000 | 95,420 | ||||||||||
| BAT Capital Corp. | 4.91 | 04/02/30 | 115,000 | 115,619 | ||||||||||
| BAT International Finance PLC | 4.45 | 03/16/28 | 115,000 | 115,111 | ||||||||||
| BAT International Finance PLC | 5.93 | 02/02/29 | 105,000 | 109,907 | ||||||||||
| Bunge Ltd. Finance Corp. | 3.25 | 08/15/26 | 65,000 | 63,980 | ||||||||||
The accompanying notes are an integral part of these financial statements.
99
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AGRICULTURE – 1.3% (Continued) | ||||||||||||||
| Bunge Ltd. Finance Corp. | 3.75 | 09/25/27 | $ | 70,000 | $ | 69,051 | ||||||||
| Bunge Ltd. Finance Corp. | 4.20 | 09/17/29 | 90,000 | 88,920 | ||||||||||
| 1,611,188 | ||||||||||||||
| AIRLINES – 0.2% | ||||||||||||||
| Southwest Airlines Co. | 2.63 | 02/10/30 | 55,000 | 49,234 | ||||||||||
| Southwest Airlines Co. | 5.13 | 06/15/27 | 198,000 | 198,586 | ||||||||||
| 247,820 | ||||||||||||||
| APPAREL – 0.1% | ||||||||||||||
| Tapestry, Inc. | 5.10 | 03/11/30 | 85,000 | 85,389 | ||||||||||
| AUTO MANUFACTURERS – 4.7% | ||||||||||||||
| Ford Motor Co. | 4.35 | 12/08/26 | 175,000 | 171,718 | ||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | 150,000 | 144,078 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/16/28 | 80,000 | 73,305 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/10/29 | 80,000 | 71,173 | ||||||||||
| Ford Motor Credit Co. LLC | 3.82 | 11/02/27 | 80,000 | 75,783 | ||||||||||
| Ford Motor Credit Co. LLC | 4.13 | 08/17/27 | 135,000 | 129,496 | ||||||||||
| Ford Motor Credit Co. LLC | 4.27 | 01/09/27 | 105,000 | 102,039 | ||||||||||
| Ford Motor Credit Co. LLC | 4.54 | 08/01/26 | 90,000 | 88,520 | ||||||||||
| Ford Motor Credit Co. LLC | 4.95 | 05/28/27 | 155,000 | 151,767 | ||||||||||
| Ford Motor Credit Co. LLC | 5.11 | 05/03/29 | 160,000 | 153,458 | ||||||||||
| Ford Motor Credit Co. LLC | 5.13 | 11/05/26 | 135,000 | 133,741 | ||||||||||
| Ford Motor Credit Co. LLC | 5.30 | 09/06/29 | 100,000 | 96,433 | ||||||||||
| Ford Motor Credit Co. LLC | 5.80 | 03/05/27 | 160,000 | 159,161 | ||||||||||
| Ford Motor Credit Co. LLC | 5.80 | 03/08/29 | 190,000 | 186,602 | ||||||||||
| Ford Motor Credit Co. LLC | 5.85 | 05/17/27 | 175,000 | 174,220 | ||||||||||
| Ford Motor Credit Co. LLC | 5.88 | 11/07/29 | 130,000 | 127,914 | ||||||||||
| Ford Motor Credit Co. LLC | 5.92 | 03/20/28 | 105,000 | 104,384 | ||||||||||
| Ford Motor Credit Co. LLC | 6.80 | 11/07/28 | 160,000 | 163,285 | ||||||||||
| Ford Motor Credit Co. LLC | 6.80 | 05/12/28 | 170,000 | 172,617 | ||||||||||
| Ford Motor Credit Co. LLC | 6.95 | 06/10/26 | 90,000 | 90,826 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 11/04/27 | 175,000 | 180,007 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 03/06/30 | 125,000 | 129,347 | ||||||||||
| General Motors Co. | 4.20 | 10/01/27 | 80,000 | 78,659 | ||||||||||
| General Motors Co. | 5.00 | 10/01/28 | 85,000 | 85,177 | ||||||||||
| General Motors Co. | 5.40 | 10/15/29 | 105,000 | 105,923 | ||||||||||
| General Motors Co. | 6.80 | 10/01/27 | 115,000 | 119,526 | ||||||||||
| General Motors Financial Co., Inc. | 1.50 | 06/10/26 | 130,000 | 125,232 | ||||||||||
| General Motors Financial Co., Inc. | 2.35 | 02/26/27 | 105,000 | 100,307 | ||||||||||
| General Motors Financial Co., Inc. | 2.40 | 04/10/28 | 95,000 | 88,302 | ||||||||||
| General Motors Financial Co., Inc. | 2.40 | 10/15/28 | 115,000 | 105,451 | ||||||||||
| General Motors Financial Co., Inc. | 2.70 | 08/20/27 | 95,000 | 90,350 | ||||||||||
| General Motors Financial Co., Inc. | 4.00 | 10/06/26 | 90,000 | 88,948 | ||||||||||
| General Motors Financial Co., Inc. | 4.30 | 04/06/29 | 115,000 | 111,187 | ||||||||||
| General Motors Financial Co., Inc. | 4.35 | 01/17/27 | 130,000 | 128,874 | ||||||||||
| General Motors Financial Co., Inc. | 4.90 | 10/06/29 | 105,000 | 103,343 | ||||||||||
| General Motors Financial Co., Inc. | 5.00 | 04/09/27 | 145,000 | 145,198 | ||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 120,000 | 120,391 | ||||||||||
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
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO MANUFACTURERS – 4.7% (Continued) | ||||||||||||||
| General Motors Financial Co., Inc. | 5.35 | 07/15/27 | $ | 120,000 | $ | 121,317 | ||||||||
| General Motors Financial Co., Inc. | 5.35 | 01/07/30 | 140,000 | 140,483 | ||||||||||
| General Motors Financial Co., Inc. | 5.40 | 05/08/27 | 130,000 | 131,380 | ||||||||||
| General Motors Financial Co., Inc. | 5.55 | 07/15/29 | 135,000 | 136,192 | ||||||||||
| General Motors Financial Co., Inc. | 5.65 | 01/17/29 | 60,000 | 60,804 | ||||||||||
| General Motors Financial Co., Inc. | 5.80 | 06/23/28 | 155,000 | 158,201 | ||||||||||
| General Motors Financial Co., Inc. | 5.80 | 01/07/29 | 175,000 | 178,857 | ||||||||||
| General Motors Financial Co., Inc. | 5.85 | 04/06/30 | 110,000 | 111,957 | ||||||||||
| General Motors Financial Co., Inc. | 6.00 | 01/09/28 | 115,000 | 117,901 | ||||||||||
| 5,633,834 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.2% | ||||||||||||||
| Aptiv Swiss Holdings Ltd. | 4.65 | 09/13/29 | 55,000 | 54,265 | ||||||||||
| BorgWarner, Inc. | 2.65 | 07/01/27 | 115,000 | 110,610 | ||||||||||
| BorgWarner, Inc. | 4.95 | 08/15/29 | 60,000 | 60,273 | ||||||||||
| Lear Corp. | 3.80 | 09/15/27 | 65,000 | 63,350 | ||||||||||
| 288,498 | ||||||||||||||
| BANKS – 9.5% | ||||||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 6.14 | 09/14/28 | 85,000 | 87,933 | ||||||||||
| Bank of Montreal | 3.80 | 12/15/32 | 125,000 | 120,860 | ||||||||||
| Barclays PLC | 2.28 | 11/24/27 | 190,000 | 183,102 | ||||||||||
| Barclays PLC | 4.34 | 01/10/28 | 130,000 | 129,125 | ||||||||||
| Barclays PLC | 4.84 | 05/09/28 | 230,000 | 229,539 | ||||||||||
| Barclays PLC | 4.84 | 09/10/28 | 115,000 | 115,209 | ||||||||||
| Barclays PLC | 4.94 | 09/10/30 | 160,000 | 159,936 | ||||||||||
| Barclays PLC | 4.97 | 05/16/29 | 190,000 | 191,029 | ||||||||||
| Barclays PLC | 5.09 | 02/25/29 | 135,000 | 135,944 | ||||||||||
| Barclays PLC | 5.09 | 06/20/30 | 155,000 | 153,582 | ||||||||||
| Barclays PLC | 5.20 | 05/12/26 | 225,000 | 225,418 | ||||||||||
| Barclays PLC | 5.37 | 02/25/31 | 200,000 | 202,748 | ||||||||||
| Barclays PLC | 5.50 | 08/09/28 | 190,000 | 193,048 | ||||||||||
| Barclays PLC | 5.67 | 03/12/28 | 150,000 | 152,997 | ||||||||||
| Barclays PLC | 5.69 | 03/12/30 | 230,000 | 236,610 | ||||||||||
| Barclays PLC | 5.83 | 05/09/27 | 210,000 | 212,198 | ||||||||||
| Barclays PLC | 6.49 | 09/13/29 | 130,000 | 136,894 | ||||||||||
| Barclays PLC | 6.50 | 09/13/27 | 176,000 | 180,043 | ||||||||||
| Barclays PLC | 7.39 | 11/02/28 | 160,000 | 169,808 | ||||||||||
| Citigroup, Inc. | 4.13 | 07/25/28 | 215,000 | 212,567 | ||||||||||
| Citigroup, Inc. | 4.30 | 11/20/26 | 110,000 | 109,741 | ||||||||||
| Citigroup, Inc. | 4.45 | 09/29/27 | 430,000 | 428,888 | ||||||||||
| Citigroup, Inc. | 5.59 | 11/19/34 | 145,000 | 145,748 | ||||||||||
| Citizens Financial Group, Inc. | 2.85 | 07/27/26 | 55,000 | 53,608 | ||||||||||
| Citizens Financial Group, Inc. | 3.25 | 04/30/30 | 85,000 | 78,046 | ||||||||||
| Citizens Financial Group, Inc. | 5.25 | 03/05/31 | 80,000 | 80,097 | ||||||||||
| Citizens Financial Group, Inc. | 5.84 | 01/23/30 | 140,000 | 143,288 | ||||||||||
| Comerica, Inc. | 4.00 | 02/01/29 | 55,000 | 52,752 | ||||||||||
| Comerica, Inc. | 5.98 | 01/30/30 | 110,000 | 111,376 | ||||||||||
| Cooperatieve Rabobank UA | 3.75 | 07/21/26 | 152,000 | 150,411 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 9.5% (Continued) | ||||||||||||||
| Deutsche Bank AG/New York, NY | 2.31 | 11/16/27 | $ | 185,000 | $ | 178,169 | ||||||||
| Deutsche Bank AG/New York, NY | 2.55 | 01/07/28 | 155,000 | 149,444 | ||||||||||
| Deutsche Bank AG/New York, NY | 4.88 | 12/01/32 | 105,000 | 102,705 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.00 | 09/11/30 | 140,000 | 140,228 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.37 | 01/10/29 | 135,000 | 136,805 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.71 | 02/08/28 | 110,000 | 111,709 | ||||||||||
| Deutsche Bank AG/New York, NY | 6.72 | 01/18/29 | 160,000 | 167,780 | ||||||||||
| Deutsche Bank AG/New York, NY | 6.82 | 11/20/29 | 170,000 | 180,660 | ||||||||||
| Deutsche Bank AG/New York, NY | 7.15 | 07/13/27 | 139,000 | 142,635 | ||||||||||
| Discover Bank | 2.70 | 02/06/30 | 65,000 | 58,553 | ||||||||||
| Discover Bank | 3.45 | 07/27/26 | 110,000 | 108,294 | ||||||||||
| Discover Bank | 4.65 | 09/13/28 | 105,000 | 104,831 | ||||||||||
| Fifth Third Bancorp | 1.71 | 11/01/27 | 50,000 | 47,868 | ||||||||||
| Fifth Third Bancorp | 2.55 | 05/05/27 | 90,000 | 86,701 | ||||||||||
| Fifth Third Bancorp | 3.95 | 03/14/28 | 70,000 | 69,090 | ||||||||||
| Fifth Third Bancorp | 4.77 | 07/28/30 | 105,000 | 104,772 | ||||||||||
| Fifth Third Bancorp | 4.90 | 09/06/30 | 80,000 | 79,872 | ||||||||||
| Fifth Third Bancorp | 6.34 | 07/27/29 | 150,000 | 157,225 | ||||||||||
| Fifth Third Bancorp | 6.36 | 10/27/28 | 105,000 | 109,178 | ||||||||||
| First Citizens BancShares, Inc./NC | 5.23 | 03/12/31 | 60,000 | 59,609 | ||||||||||
| First Horizon Corp. | 5.51 | 03/07/31 | 60,000 | 60,306 | ||||||||||
| FNB Corp./PA | 5.72 | 12/11/30 | 50,000 | 49,897 | ||||||||||
| Goldman Sachs Group, Inc. | 5.95 | 01/15/27 | 75,000 | 77,119 | ||||||||||
| HSBC Holdings PLC | 4.38 | 11/23/26 | 100,000 | 99,671 | ||||||||||
| Huntington Bancshares, Inc./OH | 2.55 | 02/04/30 | 90,000 | 81,239 | ||||||||||
| Huntington Bancshares, Inc./OH | 4.44 | 08/04/28 | 80,000 | 79,567 | ||||||||||
| Huntington Bancshares, Inc./OH | 5.27 | 01/15/31 | 120,000 | 120,918 | ||||||||||
| Huntington Bancshares, Inc./OH | 6.21 | 08/21/29 | 140,000 | 145,556 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 3.40 | 05/20/26 | 55,000 | 54,231 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 5.85 | 11/15/27 | 120,000 | 123,406 | ||||||||||
| KeyCorp | 2.25 | 04/06/27 | 85,000 | 81,394 | ||||||||||
| KeyCorp | 2.55 | 10/01/29 | 90,000 | 81,746 | ||||||||||
| KeyCorp | 4.10 | 04/30/28 | 75,000 | 74,003 | ||||||||||
| KeyCorp | 5.12 | 04/04/31 | 85,000 | 84,915 | ||||||||||
| M&T Bank Corp. | 4.55 | 08/16/28 | 60,000 | 59,773 | ||||||||||
| M&T Bank Corp. | 4.83 | 01/16/29 | 50,000 | 50,082 | ||||||||||
| M&T Bank Corp. | 7.41 | 10/30/29 | 115,000 | 123,778 | ||||||||||
| Morgan Stanley | 3.95 | 04/23/27 | 205,000 | 203,380 | ||||||||||
| Morgan Stanley | 4.35 | 09/08/26 | 255,000 | 254,516 | ||||||||||
| NatWest Group PLC | 6.48 | 06/01/34 | 100,000 | 103,584 | ||||||||||
| Regions Financial Corp. | 1.80 | 08/12/28 | 80,000 | 73,015 | ||||||||||
| Regions Financial Corp. | 5.72 | 06/06/30 | 80,000 | 81,789 | ||||||||||
| Santander Holdings USA, Inc. | 2.49 | 01/06/28 | 115,000 | 110,337 | ||||||||||
| Santander Holdings USA, Inc. | 3.24 | 10/05/26 | 100,000 | 97,881 | ||||||||||
| Santander Holdings USA, Inc. | 4.40 | 07/13/27 | 120,000 | 119,189 | ||||||||||
| Santander Holdings USA, Inc. | 5.35 | 09/06/30 | 105,000 | 105,286 | ||||||||||
| Santander Holdings USA, Inc. | 5.47 | 03/20/29 | 95,000 | 95,379 | ||||||||||
| Santander Holdings USA, Inc. | 5.74 | 03/20/31 | 90,000 | 90,933 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 9.5% (Continued) | ||||||||||||||
| Santander Holdings USA, Inc. | 6.12 | 05/31/27 | $ | 60,000 | $ | 60,675 | ||||||||
| Santander Holdings USA, Inc. | 6.17 | 01/09/30 | 110,000 | 113,342 | ||||||||||
| Santander Holdings USA, Inc. | 6.50 | 03/09/29 | 105,000 | 108,943 | ||||||||||
| Santander Holdings USA, Inc. | 6.57 | 06/12/29 | 50,000 | 51,923 | ||||||||||
| Santander UK Group Holdings PLC | 1.67 | 06/14/27 | 110,000 | 106,199 | ||||||||||
| Santander UK Group Holdings PLC | 2.47 | 01/11/28 | 105,000 | 100,982 | ||||||||||
| Santander UK Group Holdings PLC | 3.82 | 11/03/28 | 115,000 | 112,290 | ||||||||||
| Santander UK Group Holdings PLC | 4.86 | 09/11/30 | 105,000 | 104,235 | ||||||||||
| Santander UK Group Holdings PLC | 5.69 | 04/15/31 | 140,000 | 143,613 | ||||||||||
| Santander UK Group Holdings PLC | 6.53 | 01/10/29 | 130,000 | 135,451 | ||||||||||
| Synchrony Bank | 5.63 | 08/23/27 | 70,000 | 70,767 | ||||||||||
| Synovus Bank/Columbus, GA | 5.63 | 02/15/28 | 50,000 | 50,216 | ||||||||||
| Synovus Financial Corp. | 6.17 | 11/01/30 | 60,000 | 60,492 | ||||||||||
| Toronto-Dominion Bank | 3.63 | 09/15/31 | 155,000 | 152,012 | ||||||||||
| Truist Financial Corp. | 3.88 | 03/19/29 | 70,000 | 67,686 | ||||||||||
| Western Alliance Bancorp | 3.00 | 06/15/31 | 75,000 | 68,998 | ||||||||||
| Zions Bancorp, N.A. | 3.25 | 10/29/29 | 65,000 | 58,209 | ||||||||||
| 11,427,596 | ||||||||||||||
| BEVERAGES – 0.9% | ||||||||||||||
| Coca-Cola Consolidated, Inc. | 5.25 | 06/01/29 | 80,000 | 82,189 | ||||||||||
| Constellation Brands, Inc. | 3.15 | 08/01/29 | 95,000 | 89,463 | ||||||||||
| Constellation Brands, Inc. | 3.50 | 05/09/27 | 45,000 | 44,157 | ||||||||||
| Constellation Brands, Inc. | 3.60 | 02/15/28 | 75,000 | 73,200 | ||||||||||
| Constellation Brands, Inc. | 3.70 | 12/06/26 | 60,000 | 59,308 | ||||||||||
| Constellation Brands, Inc. | 4.35 | 05/09/27 | 70,000 | 69,886 | ||||||||||
| Constellation Brands, Inc. | 4.65 | 11/15/28 | 55,000 | 55,170 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.95 | 04/15/29 | 110,000 | 107,622 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.35 | 05/15/28 | 60,000 | 60,168 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.60 | 05/25/28 | 115,000 | 115,631 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.05 | 03/15/29 | 85,000 | 86,561 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.10 | 03/15/27 | 70,000 | 70,862 | ||||||||||
| Molson Coors Beverage Co. | 3.00 | 07/15/26 | 215,000 | 211,471 | ||||||||||
| 1,125,688 | ||||||||||||||
| BIOTECHNOLOGY – 1.6% | ||||||||||||||
| Amgen, Inc. | 1.65 | 08/15/28 | 130,000 | 119,546 | ||||||||||
| Amgen, Inc. | 2.20 | 02/21/27 | 180,000 | 173,678 | ||||||||||
| Amgen, Inc. | 2.45 | 02/21/30 | 130,000 | 118,257 | ||||||||||
| Amgen, Inc. | 2.60 | 08/19/26 | 135,000 | 132,251 | ||||||||||
| Amgen, Inc. | 3.00 | 02/22/29 | 80,000 | 76,126 | ||||||||||
| Amgen, Inc. | 3.20 | 11/02/27 | 110,000 | 107,368 | ||||||||||
| Amgen, Inc. | 4.05 | 08/18/29 | 135,000 | 132,870 | ||||||||||
| Amgen, Inc. | 5.15 | 03/02/28 | 425,000 | 434,416 | ||||||||||
| Amgen, Inc. | 5.25 | 03/02/30 | 315,000 | 324,024 | ||||||||||
| Illumina, Inc. | 4.65 | 09/09/26 | 55,000 | 55,027 | ||||||||||
| Illumina, Inc. | 5.75 | 12/13/27 | 50,000 | 51,132 | ||||||||||
| Royalty Pharma PLC | 1.75 | 09/02/27 | 90,000 | 84,460 | ||||||||||
| Royalty Pharma PLC | 5.15 | 09/02/29 | 60,000 | 60,670 | ||||||||||
| 1,869,825 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BUILDING MATERIALS – 1.2% | ||||||||||||||
| Carrier Global Corp. | 2.49 | 02/15/27 | $ | 95,000 | $ | 92,211 | ||||||||
| Carrier Global Corp. | 2.72 | 02/15/30 | 225,000 | 207,902 | ||||||||||
| CRH SMW Finance DAC | 5.13 | 01/09/30 | 145,000 | 147,852 | ||||||||||
| CRH SMW Finance DAC | 5.20 | 05/21/29 | 80,000 | 81,760 | ||||||||||
| Fortune Brands Innovations, Inc. | 3.25 | 09/15/29 | 85,000 | 79,920 | ||||||||||
| Holcim Finance US LLC(1) | 4.60 | 04/07/27 | 80,000 | 80,338 | ||||||||||
| Holcim Finance US LLC(1) | 4.70 | 04/07/28 | 65,000 | 65,476 | ||||||||||
| Holcim Finance US LLC(1) | 4.95 | 04/07/30 | 110,000 | 111,399 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 5.50 | 04/19/29 | 75,000 | 77,602 | ||||||||||
| Lennox International, Inc. | 5.50 | 09/15/28 | 60,000 | 61,617 | ||||||||||
| Martin Marietta Materials, Inc. | 2.50 | 03/15/30 | 55,000 | 49,949 | ||||||||||
| Martin Marietta Materials, Inc. | 3.50 | 12/15/27 | 60,000 | 58,563 | ||||||||||
| Masco Corp. | 1.50 | 02/15/28 | 55,000 | 50,574 | ||||||||||
| Mohawk Industries, Inc. | 5.85 | 09/18/28 | 70,000 | 72,566 | ||||||||||
| Owens Corning | 5.50 | 06/15/27 | 45,000 | 45,873 | ||||||||||
| Trane Technologies Financing Ltd. | 3.80 | 03/21/29 | 75,000 | 73,533 | ||||||||||
| Trane Technologies Global Holding Co. Ltd. | 3.75 | 08/21/28 | 60,000 | 59,003 | ||||||||||
| Vulcan Materials Co. | 4.95 | 12/01/29 | 65,000 | 65,675 | ||||||||||
| 1,481,813 | ||||||||||||||
| CHEMICALS – 1.3% | ||||||||||||||
| Albemarle Corp. | 4.65 | 06/01/27 | 75,000 | 73,309 | ||||||||||
| Dow Chemical Co. | 4.80 | 11/30/28 | 80,000 | 80,905 | ||||||||||
| Dow Chemical Co. | 7.38 | 11/01/29 | 61,000 | 67,156 | ||||||||||
| DuPont de Nemours, Inc. | 4.73 | 11/15/28 | 240,000 | 242,608 | ||||||||||
| Eastman Chemical Co. | 4.50 | 12/01/28 | 65,000 | 64,741 | ||||||||||
| Eastman Chemical Co. | 5.00 | 08/01/29 | 70,000 | 70,567 | ||||||||||
| FMC Corp. | 3.20 | 10/01/26 | 45,000 | 43,978 | ||||||||||
| FMC Corp. | 3.45 | 10/01/29 | 65,000 | 59,812 | ||||||||||
| FMC Corp. | 5.15 | 05/18/26 | 60,000 | 60,110 | ||||||||||
| Huntsman International LLC | 4.50 | 05/01/29 | 85,000 | 80,171 | ||||||||||
| LYB International Finance II BV | 3.50 | 03/02/27 | 55,000 | 54,034 | ||||||||||
| Mosaic Co. | 4.05 | 11/15/27 | 80,000 | 79,112 | ||||||||||
| Nutrien Ltd. | 4.20 | 04/01/29 | 90,000 | 88,967 | ||||||||||
| Nutrien Ltd. | 4.90 | 03/27/28 | 70,000 | 71,021 | ||||||||||
| PPG Industries, Inc. | 3.75 | 03/15/28 | 90,000 | 88,631 | ||||||||||
| Sherwin-Williams Co. | 2.95 | 08/15/29 | 90,000 | 84,289 | ||||||||||
| Sherwin-Williams Co. | 3.45 | 06/01/27 | 150,000 | 147,389 | ||||||||||
| Westlake Corp. | 3.60 | 08/15/26 | 90,000 | 88,902 | ||||||||||
| 1,545,702 | ||||||||||||||
| COMMERCIAL SERVICES – 0.7% | ||||||||||||||
| Block Financial LLC | 2.50 | 07/15/28 | 60,000 | 55,790 | ||||||||||
| Equifax, Inc. | 4.80 | 09/15/29 | 75,000 | 75,336 | ||||||||||
| Equifax, Inc. | 5.10 | 12/15/27 | 80,000 | 80,996 | ||||||||||
| Equifax, Inc. | 5.10 | 06/01/28 | 80,000 | 81,330 | ||||||||||
| Global Payments, Inc. | 2.15 | 01/15/27 | 85,000 | 81,474 | ||||||||||
| Global Payments, Inc. | 3.20 | 08/15/29 | 140,000 | 130,434 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 0.7% (Continued) | ||||||||||||||
| Global Payments, Inc. | 4.95 | 08/15/27 | $ | 55,000 | $ | 55,262 | ||||||||
| Global Payments, Inc. | 5.30 | 08/15/29 | 50,000 | 50,420 | ||||||||||
| GXO Logistics, Inc. | 6.25 | 05/06/29 | 65,000 | 66,093 | ||||||||||
| Moody’s Corp. | 3.25 | 01/15/28 | 55,000 | 53,749 | ||||||||||
| Quanta Services, Inc. | 4.75 | 08/09/27 | 65,000 | 65,365 | ||||||||||
| Verisk Analytics, Inc. | 4.13 | 03/15/29 | 70,000 | 69,037 | ||||||||||
| 865,286 | ||||||||||||||
| COMPUTERS – 2.1% | ||||||||||||||
| CGI, Inc. | 1.45 | 09/14/26 | 75,000 | 71,967 | ||||||||||
| CGI, Inc.(1) | 4.95 | 03/14/30 | 75,000 | 75,399 | ||||||||||
| Dell International LLC/EMC Corp. | 4.35 | 02/01/30 | 80,000 | 78,641 | ||||||||||
| Dell International LLC/EMC Corp. | 4.75 | 04/01/28 | 100,000 | 100,836 | ||||||||||
| Dell International LLC/EMC Corp. | 4.90 | 10/01/26 | 200,000 | 200,859 | ||||||||||
| Dell International LLC/EMC Corp. | 5.00 | 04/01/30 | 100,000 | 100,649 | ||||||||||
| Dell International LLC/EMC Corp. | 5.25 | 02/01/28 | 108,000 | 110,308 | ||||||||||
| Dell International LLC/EMC Corp. | 5.30 | 10/01/29 | 205,000 | 209,266 | ||||||||||
| Dell International LLC/EMC Corp. | 6.02 | 06/15/26 | 271,000 | 274,202 | ||||||||||
| DXC Technology Co. | 1.80 | 09/15/26 | 80,000 | 76,819 | ||||||||||
| DXC Technology Co. | 2.38 | 09/15/28 | 75,000 | 68,752 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.40 | 09/25/27 | 135,000 | 134,926 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.45 | 09/25/26 | 130,000 | 130,021 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.55 | 10/15/29 | 195,000 | 193,347 | ||||||||||
| Hewlett Packard Enterprise Co. | 5.25 | 07/01/28 | 65,000 | 66,392 | ||||||||||
| HP, Inc. | 1.45 | 06/17/26 | 50,000 | 48,226 | ||||||||||
| HP, Inc. | 3.00 | 06/17/27 | 120,000 | 116,202 | ||||||||||
| HP, Inc. | 4.00 | 04/15/29 | 115,000 | 111,577 | ||||||||||
| HP, Inc. | 4.75 | 01/15/28 | 105,000 | 105,458 | ||||||||||
| HP, Inc. | 5.40 | 04/25/30 | 50,000 | 50,501 | ||||||||||
| Kyndryl Holdings, Inc. | 2.05 | 10/15/26 | 60,000 | 57,858 | ||||||||||
| NetApp, Inc. | 2.38 | 06/22/27 | 50,000 | 47,700 | ||||||||||
| Western Digital Corp. | 2.85 | 02/01/29 | 55,000 | 50,248 | ||||||||||
| 2,480,154 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.3% | ||||||||||||||
| Haleon US Capital LLC | 3.38 | 03/24/27 | 223,000 | 219,574 | ||||||||||
| Haleon US Capital LLC | 3.38 | 03/24/29 | 105,000 | 101,036 | ||||||||||
| 320,610 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.1% | ||||||||||||||
| LKQ Corp. | 5.75 | 06/15/28 | 85,000 | 86,855 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.3% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 2.45 | 10/29/26 | 405,000 | 391,858 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.00 | 10/29/28 | 395,000 | 373,027 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.65 | 07/21/27 | 105,000 | 102,593 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.88 | 01/23/28 | 65,000 | 63,641 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.63 | 10/15/27 | 60,000 | 59,888 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.63 | 09/10/29 | 140,000 | 138,928 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.88 | 04/01/28 | 80,000 | 80,428 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.10 | 01/19/29 | 95,000 | 95,971 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.3% (Continued) | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.75 | 06/06/28 | $ | 105,000 | $ | 108,153 | ||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.10 | 01/15/27 | 110,000 | 112,375 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.45 | 04/15/27 | 170,000 | 175,359 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.95 | 03/10/55 | 90,000 | 90,482 | ||||||||||
| Air Lease Corp. | 1.88 | 08/15/26 | 125,000 | 120,598 | ||||||||||
| Air Lease Corp. | 2.10 | 09/01/28 | 65,000 | 59,906 | ||||||||||
| Air Lease Corp. | 2.20 | 01/15/27 | 90,000 | 86,537 | ||||||||||
| Air Lease Corp. | 3.00 | 02/01/30 | 75,000 | 69,118 | ||||||||||
| Air Lease Corp. | 3.25 | 10/01/29 | 45,000 | 42,292 | ||||||||||
| Air Lease Corp. | 3.63 | 04/01/27 | 45,000 | 44,360 | ||||||||||
| Air Lease Corp. | 3.63 | 12/01/27 | 65,000 | 63,481 | ||||||||||
| Air Lease Corp. | 3.75 | 06/01/26 | 85,000 | 84,084 | ||||||||||
| Air Lease Corp. | 4.63 | 10/01/28 | 50,000 | 50,003 | ||||||||||
| Air Lease Corp. | 5.10 | 03/01/29 | 60,000 | 60,845 | ||||||||||
| Air Lease Corp. | 5.30 | 06/25/26 | 60,000 | 60,374 | ||||||||||
| Air Lease Corp. | 5.30 | 02/01/28 | 75,000 | 76,348 | ||||||||||
| Air Lease Corp. | 5.85 | 12/15/27 | 80,000 | 82,438 | ||||||||||
| Aircastle Ltd. | 4.25 | 06/15/26 | 70,000 | 69,343 | ||||||||||
| Ally Financial, Inc. | 2.20 | 11/02/28 | 75,000 | 68,019 | ||||||||||
| Ally Financial, Inc. | 4.75 | 06/09/27 | 90,000 | 89,621 | ||||||||||
| Ally Financial, Inc. | 5.54 | 01/17/31 | 50,000 | 49,588 | ||||||||||
| Ally Financial, Inc. | 6.85 | 01/03/30 | 80,000 | 83,077 | ||||||||||
| Ally Financial, Inc. | 6.99 | 06/13/29 | 95,000 | 98,740 | ||||||||||
| Ally Financial, Inc. | 7.10 | 11/15/27 | 80,000 | 83,876 | ||||||||||
| Ares Management Corp. | 6.38 | 11/10/28 | 45,000 | 47,559 | ||||||||||
| BGC Group, Inc.(1) | 6.15 | 04/02/30 | 75,000 | 74,955 | ||||||||||
| Capital One Financial Corp. | 1.88 | 11/02/27 | 145,000 | 139,141 | ||||||||||
| Capital One Financial Corp. | 3.27 | 03/01/30 | 135,000 | 127,222 | ||||||||||
| Capital One Financial Corp. | 3.65 | 05/11/27 | 110,000 | 108,294 | ||||||||||
| Capital One Financial Corp. | 3.75 | 07/28/26 | 160,000 | 158,161 | ||||||||||
| Capital One Financial Corp. | 3.75 | 03/09/27 | 145,000 | 143,213 | ||||||||||
| Capital One Financial Corp. | 3.80 | 01/31/28 | 145,000 | 142,253 | ||||||||||
| Capital One Financial Corp. | 4.93 | 05/10/28 | 175,000 | 175,962 | ||||||||||
| Capital One Financial Corp. | 5.25 | 07/26/30 | 95,000 | 95,943 | ||||||||||
| Capital One Financial Corp. | 5.46 | 07/26/30 | 120,000 | 121,971 | ||||||||||
| Capital One Financial Corp. | 5.47 | 02/01/29 | 105,000 | 107,062 | ||||||||||
| Capital One Financial Corp. | 5.70 | 02/01/30 | 105,000 | 107,616 | ||||||||||
| Capital One Financial Corp. | 6.31 | 06/08/29 | 200,000 | 208,464 | ||||||||||
| Capital One Financial Corp. | 7.15 | 10/29/27 | 80,000 | 82,801 | ||||||||||
| Discover Financial Services | 4.10 | 02/09/27 | 90,000 | 89,221 | ||||||||||
| Enact Holdings, Inc. | 6.25 | 05/28/29 | 80,000 | 81,950 | ||||||||||
| Jefferies Financial Group, Inc. | 4.15 | 01/23/30 | 115,000 | 110,844 | ||||||||||
| Jefferies Financial Group, Inc. | 4.85 | 01/15/27 | 70,000 | 70,468 | ||||||||||
| Jefferies Financial Group, Inc. | 5.88 | 07/21/28 | 105,000 | 107,834 | ||||||||||
| Lazard Group LLC | 4.38 | 03/11/29 | 60,000 | 58,824 | ||||||||||
| Lazard Group LLC | 4.50 | 09/19/28 | 55,000 | 54,394 | ||||||||||
| LPL Holdings, Inc. | 4.90 | 04/03/28 | 55,000 | 55,266 | ||||||||||
| LPL Holdings, Inc. | 5.20 | 03/15/30 | 85,000 | 85,825 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.3% (Continued) | ||||||||||||||
| LPL Holdings, Inc. | 5.70 | 05/20/27 | $ | 55,000 | $ | 56,121 | ||||||||
| LPL Holdings, Inc. | 6.75 | 11/17/28 | 85,000 | 90,390 | ||||||||||
| Marex Group PLC | 6.40 | 11/04/29 | 65,000 | 66,447 | ||||||||||
| Nasdaq, Inc. | 3.85 | 06/30/26 | 45,000 | 44,830 | ||||||||||
| Nasdaq, Inc. | 5.35 | 06/28/28 | 95,000 | 97,616 | ||||||||||
| Nomura Holdings, Inc. | 1.65 | 07/14/26 | 135,000 | 130,420 | ||||||||||
| Nomura Holdings, Inc. | 2.17 | 07/14/28 | 115,000 | 106,470 | ||||||||||
| Nomura Holdings, Inc. | 2.33 | 01/22/27 | 145,000 | 139,520 | ||||||||||
| Nomura Holdings, Inc. | 2.71 | 01/22/29 | 50,000 | 46,432 | ||||||||||
| Nomura Holdings, Inc. | 3.10 | 01/16/30 | 155,000 | 143,465 | ||||||||||
| Nomura Holdings, Inc. | 5.39 | 07/06/27 | 55,000 | 55,805 | ||||||||||
| Nomura Holdings, Inc. | 5.59 | 07/02/27 | 55,000 | 56,060 | ||||||||||
| Nomura Holdings, Inc. | 5.61 | 07/06/29 | 70,000 | 71,889 | ||||||||||
| Nomura Holdings, Inc. | 5.84 | 01/18/28 | 70,000 | 72,095 | ||||||||||
| Nomura Holdings, Inc. | 6.07 | 07/12/28 | 95,000 | 98,849 | ||||||||||
| ORIX Corp. | 3.70 | 07/18/27 | 50,000 | 49,275 | ||||||||||
| Radian Group, Inc. | 6.20 | 05/15/29 | 70,000 | 72,359 | ||||||||||
| Synchrony Financial | 3.70 | 08/04/26 | 65,000 | 63,539 | ||||||||||
| Synchrony Financial | 3.95 | 12/01/27 | 110,000 | 107,089 | ||||||||||
| Synchrony Financial | 5.15 | 03/19/29 | 75,000 | 74,205 | ||||||||||
| Synchrony Financial | 5.45 | 03/06/31 | 80,000 | 79,825 | ||||||||||
| Synchrony Financial | 5.94 | 08/02/30 | 85,000 | 86,124 | ||||||||||
| 7,599,419 | ||||||||||||||
| ELECTRIC – 7.5% | ||||||||||||||
| AEP Texas, Inc. | 5.45 | 05/15/29 | 50,000 | 51,297 | ||||||||||
| AES Corp. | 5.45 | 06/01/28 | 100,000 | 101,620 | ||||||||||
| Algonquin Power & Utilities Corp.(2) | 5.37 | 06/15/26 | 120,000 | 120,819 | ||||||||||
| Ameren Corp. | 1.95 | 03/15/27 | 45,000 | 43,092 | ||||||||||
| Ameren Corp. | 5.00 | 01/15/29 | 75,000 | 76,087 | ||||||||||
| Ameren Corp. | 5.70 | 12/01/26 | 70,000 | 71,261 | ||||||||||
| American Electric Power Co., Inc. | 3.20 | 11/13/27 | 65,000 | 63,348 | ||||||||||
| American Electric Power Co., Inc. | 3.88 | 02/15/62 | 80,000 | 75,498 | ||||||||||
| American Electric Power Co., Inc. | 4.30 | 12/01/28 | 55,000 | 54,639 | ||||||||||
| American Electric Power Co., Inc. | 5.20 | 01/15/29 | 120,000 | 122,630 | ||||||||||
| American Electric Power Co., Inc. | 5.75 | 11/01/27 | 50,000 | 51,587 | ||||||||||
| Avangrid, Inc. | 3.80 | 06/01/29 | 80,000 | 77,505 | ||||||||||
| CenterPoint Energy, Inc. | 1.45 | 06/01/26 | 65,000 | 62,907 | ||||||||||
| CenterPoint Energy, Inc. | 5.40 | 06/01/29 | 75,000 | 77,244 | ||||||||||
| Constellation Energy Generation LLC | 5.60 | 03/01/28 | 70,000 | 72,238 | ||||||||||
| Dominion Energy, Inc. | 3.38 | 04/01/30 | 150,000 | 141,098 | ||||||||||
| Dominion Energy, Inc. | 6.88 | 02/01/55 | 120,000 | 123,691 | ||||||||||
| DTE Energy Co. | 2.85 | 10/01/26 | 75,000 | 73,420 | ||||||||||
| DTE Energy Co. | 4.88 | 06/01/28 | 85,000 | 85,875 | ||||||||||
| DTE Energy Co. | 4.95 | 07/01/27 | 130,000 | 131,416 | ||||||||||
| DTE Energy Co. | 5.10 | 03/01/29 | 145,000 | 147,229 | ||||||||||
| DTE Energy Co. | 5.20 | 04/01/30 | 115,000 | 117,100 | ||||||||||
| Duke Energy Corp. | 2.65 | 09/01/26 | 155,000 | 151,398 | ||||||||||
| Duke Energy Corp. | 3.15 | 08/15/27 | 85,000 | 82,808 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 7.5% (Continued) | ||||||||||||||
| Duke Energy Corp. | 3.25 | 01/15/82 | $ | 60,000 | $ | 56,496 | ||||||||
| Duke Energy Corp. | 3.40 | 06/15/29 | 65,000 | 62,171 | ||||||||||
| Duke Energy Corp. | 4.30 | 03/15/28 | 105,000 | 105,014 | ||||||||||
| Duke Energy Corp. | 4.85 | 01/05/27 | 70,000 | 70,648 | ||||||||||
| Duke Energy Corp. | 4.85 | 01/05/29 | 65,000 | 65,874 | ||||||||||
| Duke Energy Corp. | 5.00 | 12/08/27 | 60,000 | 60,950 | ||||||||||
| Edison International | 4.13 | 03/15/28 | 75,000 | 72,542 | ||||||||||
| Edison International | 5.25 | 11/15/28 | 65,000 | 64,549 | ||||||||||
| Edison International | 5.45 | 06/15/29 | 60,000 | 59,506 | ||||||||||
| Edison International | 5.75 | 06/15/27 | 60,000 | 60,391 | ||||||||||
| Edison International | 6.25 | 03/15/30 | 50,000 | 50,673 | ||||||||||
| Edison International | 6.95 | 11/15/29 | 55,000 | 57,467 | ||||||||||
| Emera US Finance LP | 3.55 | 06/15/26 | 75,000 | 73,885 | ||||||||||
| Enel Americas SA | 4.00 | 10/25/26 | 70,000 | 69,289 | ||||||||||
| Enel Chile SA | 4.88 | 06/12/28 | 105,000 | 104,553 | ||||||||||
| Entergy Corp. | 1.90 | 06/15/28 | 80,000 | 74,465 | ||||||||||
| Entergy Corp. | 2.95 | 09/01/26 | 85,000 | 83,303 | ||||||||||
| Entergy Corp. | 7.13 | 12/01/54 | 135,000 | 136,092 | ||||||||||
| Evergy, Inc. | 2.90 | 09/15/29 | 95,000 | 88,756 | ||||||||||
| Eversource Energy | 2.90 | 03/01/27 | 70,000 | 68,059 | ||||||||||
| Eversource Energy | 4.25 | 04/01/29 | 55,000 | 54,329 | ||||||||||
| Eversource Energy | 4.60 | 07/01/27 | 75,000 | 75,212 | ||||||||||
| Eversource Energy | 5.45 | 03/01/28 | 145,000 | 148,617 | ||||||||||
| Eversource Energy | 5.95 | 02/01/29 | 75,000 | 78,213 | ||||||||||
| Exelon Corp. | 2.75 | 03/15/27 | 75,000 | 72,937 | ||||||||||
| Exelon Corp. | 4.05 | 04/15/30 | 130,000 | 126,829 | ||||||||||
| Exelon Corp. | 5.15 | 03/15/28 | 115,000 | 117,414 | ||||||||||
| Exelon Corp. | 5.15 | 03/15/29 | 65,000 | 66,525 | ||||||||||
| FirstEnergy Corp. | 2.65 | 03/01/30 | 60,000 | 54,489 | ||||||||||
| FirstEnergy Corp. | 3.90 | 07/15/27 | 170,000 | 168,109 | ||||||||||
| Fortis, Inc./Canada | 3.06 | 10/04/26 | 115,000 | 112,551 | ||||||||||
| Interstate Power & Light Co. | 4.10 | 09/26/28 | 50,000 | 49,550 | ||||||||||
| ITC Holdings Corp. | 3.35 | 11/15/27 | 45,000 | 43,757 | ||||||||||
| National Grid PLC | 5.60 | 06/12/28 | 85,000 | 87,680 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 1.88 | 01/15/27 | 105,000 | 100,654 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 1.90 | 06/15/28 | 160,000 | 148,547 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.75 | 11/01/29 | 105,000 | 97,344 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.50 | 04/01/29 | 50,000 | 48,105 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.55 | 05/01/27 | 170,000 | 167,388 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.80 | 03/15/82 | 70,000 | 65,833 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.63 | 07/15/27 | 130,000 | 130,839 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.80 | 12/01/77 | 65,000 | 61,389 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.85 | 02/04/28 | 110,000 | 111,731 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.90 | 02/28/28 | 145,000 | 147,118 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.90 | 03/15/29 | 100,000 | 101,266 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.00 | 02/28/30 | 75,000 | 76,529 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.05 | 03/15/30 | 105,000 | 106,715 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.65 | 05/01/79 | 60,000 | 58,214 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 7.5% (Continued) | ||||||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.70 | 09/01/54 | $ | 105,000 | $ | 106,444 | ||||||||
| Pacific Gas & Electric Co. | 2.10 | 08/01/27 | 100,000 | 94,219 | ||||||||||
| Pacific Gas & Electric Co. | 3.00 | 06/15/28 | 85,000 | 80,534 | ||||||||||
| Pacific Gas & Electric Co. | 3.30 | 12/01/27 | 125,000 | 120,536 | ||||||||||
| Pacific Gas & Electric Co. | 3.75 | 07/01/28 | 100,000 | 96,906 | ||||||||||
| Pacific Gas & Electric Co. | 5.55 | 05/15/29 | 90,000 | 91,488 | ||||||||||
| Pacific Gas & Electric Co. | 6.10 | 01/15/29 | 100,000 | 103,419 | ||||||||||
| PPL Capital Funding, Inc. | 3.10 | 05/15/26 | 75,000 | 73,970 | ||||||||||
| Public Service Enterprise Group, Inc. | 4.90 | 03/15/30 | 60,000 | 60,631 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.20 | 04/01/29 | 85,000 | 87,183 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.85 | 11/15/27 | 75,000 | 77,645 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.88 | 10/15/28 | 70,000 | 73,100 | ||||||||||
| Sempra | 3.25 | 06/15/27 | 75,000 | 72,904 | ||||||||||
| Sempra | 3.40 | 02/01/28 | 110,000 | 106,874 | ||||||||||
| Sempra | 3.70 | 04/01/29 | 50,000 | 48,365 | ||||||||||
| Sempra | 4.13 | 04/01/52 | 105,000 | 96,553 | ||||||||||
| Sempra | 5.40 | 08/01/26 | 65,000 | 65,532 | ||||||||||
| Sempra | 6.88 | 10/01/54 | 130,000 | 126,382 | ||||||||||
| Southern Co. | 3.25 | 07/01/26 | 190,000 | 187,564 | ||||||||||
| Southern Co. | 3.70 | 04/30/30 | 110,000 | 105,663 | ||||||||||
| Southern Co. | 3.75 | 09/15/51 | 120,000 | 116,278 | ||||||||||
| Southern Co. | 4.85 | 06/15/28 | 85,000 | 86,389 | ||||||||||
| Southern Co. | 5.11 | 08/01/27 | 90,000 | 91,366 | ||||||||||
| Southern Co. | 5.50 | 03/15/29 | 110,000 | 114,196 | ||||||||||
| Southwestern Electric Power Co. | 4.10 | 09/15/28 | 75,000 | 73,860 | ||||||||||
| WEC Energy Group, Inc. | 1.38 | 10/15/27 | 45,000 | 41,893 | ||||||||||
| WEC Energy Group, Inc. | 2.20 | 12/15/28 | 60,000 | 55,591 | ||||||||||
| Xcel Energy, Inc. | 1.75 | 03/15/27 | 40,000 | 38,053 | ||||||||||
| Xcel Energy, Inc. | 2.60 | 12/01/29 | 65,000 | 59,434 | ||||||||||
| Xcel Energy, Inc. | 3.35 | 12/01/26 | 65,000 | 63,913 | ||||||||||
| Xcel Energy, Inc. | 4.00 | 06/15/28 | 65,000 | 64,133 | ||||||||||
| 9,019,392 | ||||||||||||||
| ELECTRONICS – 0.7% | ||||||||||||||
| Arrow Electronics, Inc. | 3.88 | 01/12/28 | 60,000 | 58,747 | ||||||||||
| Arrow Electronics, Inc. | 5.15 | 08/21/29 | 50,000 | 50,458 | ||||||||||
| Avnet, Inc. | 6.25 | 03/15/28 | 50,000 | 51,658 | ||||||||||
| Flex Ltd. | 4.88 | 06/15/29 | 75,000 | 74,495 | ||||||||||
| Fortive Corp. | 3.15 | 06/15/26 | 90,000 | 88,474 | ||||||||||
| Jabil, Inc. | 3.60 | 01/15/30 | 40,000 | 37,699 | ||||||||||
| Jabil, Inc. | 3.95 | 01/12/28 | 60,000 | 58,919 | ||||||||||
| Jabil, Inc. | 4.25 | 05/15/27 | 70,000 | 69,728 | ||||||||||
| Keysight Technologies, Inc. | 3.00 | 10/30/29 | 50,000 | 46,446 | ||||||||||
| Keysight Technologies, Inc. | 4.60 | 04/06/27 | 75,000 | 75,176 | ||||||||||
| TD SYNNEX Corp. | 1.75 | 08/09/26 | 75,000 | 71,694 | ||||||||||
| TD SYNNEX Corp. | 2.38 | 08/09/28 | 60,000 | 55,414 | ||||||||||
| Trimble, Inc. | 4.90 | 06/15/28 | 55,000 | 55,381 | ||||||||||
| 794,289 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 0.1% | ||||||||||||||
| Jacobs Engineering Group, Inc. | 6.35 | 08/18/28 | $ | 70,000 | $ | 73,167 | ||||||||
| MasTec, Inc. | 5.90 | 06/15/29 | 50,000 | 51,231 | ||||||||||
| 124,398 | ||||||||||||||
| ENTERTAINMENT – 0.5% | ||||||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 440,000 | 428,257 | ||||||||||
| Warnermedia Holdings, Inc. | 4.05 | 03/15/29 | 170,000 | 159,014 | ||||||||||
| 587,271 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.1% | ||||||||||||||
| Veralto Corp. | 5.35 | 09/18/28 | 80,000 | 82,579 | ||||||||||
| Veralto Corp. | 5.50 | 09/18/26 | 85,000 | 86,218 | ||||||||||
| 168,797 | ||||||||||||||
| FOOD – 3.0% | ||||||||||||||
| Ahold Finance USA LLC | 6.88 | 05/01/29 | 70,000 | 76,244 | ||||||||||
| Conagra Brands, Inc. | 1.38 | 11/01/27 | 105,000 | 96,933 | ||||||||||
| Conagra Brands, Inc. | 4.85 | 11/01/28 | 145,000 | 145,974 | ||||||||||
| Conagra Brands, Inc. | 5.30 | 10/01/26 | 60,000 | 60,522 | ||||||||||
| General Mills, Inc. | 2.88 | 04/15/30 | 85,000 | 78,541 | ||||||||||
| General Mills, Inc. | 3.20 | 02/10/27 | 70,000 | 68,710 | ||||||||||
| General Mills, Inc. | 4.20 | 04/17/28 | 150,000 | 149,633 | ||||||||||
| General Mills, Inc. | 4.70 | 01/30/27 | 60,000 | 60,354 | ||||||||||
| General Mills, Inc. | 4.88 | 01/30/30 | 80,000 | 80,947 | ||||||||||
| General Mills, Inc. | 5.50 | 10/17/28 | 50,000 | 51,713 | ||||||||||
| Ingredion, Inc. | 3.20 | 10/01/26 | 55,000 | 54,033 | ||||||||||
| J M Smucker Co. | 2.38 | 03/15/30 | 50,000 | 45,196 | ||||||||||
| J M Smucker Co. | 3.38 | 12/15/27 | 55,000 | 53,779 | ||||||||||
| J M Smucker Co. | 5.90 | 11/15/28 | 80,000 | 83,995 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 2.50 | 01/15/27 | 100,000 | 96,567 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.00 | 02/02/29 | 60,000 | 56,466 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 5.13 | 02/01/28 | 110,000 | 111,495 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 5.50 | 01/15/30 | 145,000 | 147,434 | ||||||||||
| Kellanova | 3.40 | 11/15/27 | 65,000 | 63,645 | ||||||||||
| Kellanova | 4.30 | 05/15/28 | 60,000 | 60,184 | ||||||||||
| Kraft Heinz Foods Co. | 3.00 | 06/01/26 | 215,000 | 211,709 | ||||||||||
| Kraft Heinz Foods Co. | 3.75 | 04/01/30 | 80,000 | 76,951 | ||||||||||
| Kraft Heinz Foods Co. | 3.88 | 05/15/27 | 150,000 | 148,537 | ||||||||||
| Kroger Co. | 2.65 | 10/15/26 | 80,000 | 78,057 | ||||||||||
| Kroger Co. | 3.70 | 08/01/27 | 55,000 | 54,359 | ||||||||||
| Kroger Co. | 4.50 | 01/15/29 | 65,000 | 65,393 | ||||||||||
| McCormick & Co., Inc./MD | 2.50 | 04/15/30 | 55,000 | 49,709 | ||||||||||
| McCormick & Co., Inc./MD | 3.40 | 08/15/27 | 85,000 | 83,382 | ||||||||||
| Mondelez International, Inc. | 2.63 | 03/17/27 | 85,000 | 82,418 | ||||||||||
| Mondelez International, Inc. | 2.75 | 04/13/30 | 80,000 | 73,683 | ||||||||||
| Mondelez International, Inc. | 4.75 | 02/20/29 | 70,000 | 71,131 | ||||||||||
| Sysco Corp. | 2.40 | 02/15/30 | 65,000 | 58,834 | ||||||||||
| Sysco Corp. | 3.25 | 07/15/27 | 75,000 | 73,254 | ||||||||||
| Sysco Corp. | 3.30 | 07/15/26 | 100,000 | 98,649 | ||||||||||
| Sysco Corp. | 5.75 | 01/17/29 | 55,000 | 57,253 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 3.0% (Continued) | ||||||||||||||
| Sysco Corp. | 5.95 | 04/01/30 | $ | 110,000 | $ | 115,848 | ||||||||
| The Campbell’s Co. | 2.38 | 04/24/30 | 50,000 | 44,904 | ||||||||||
| The Campbell’s Co. | 4.15 | 03/15/28 | 110,000 | 109,353 | ||||||||||
| The Campbell’s Co. | 5.20 | 03/19/27 | 65,000 | 66,025 | ||||||||||
| The Campbell’s Co. | 5.20 | 03/21/29 | 70,000 | 71,551 | ||||||||||
| Tyson Foods, Inc. | 3.55 | 06/02/27 | 135,000 | 132,888 | ||||||||||
| Tyson Foods, Inc. | 4.35 | 03/01/29 | 115,000 | 114,055 | ||||||||||
| Tyson Foods, Inc. | 5.40 | 03/15/29 | 65,000 | 66,900 | ||||||||||
| 3,647,208 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.4% | ||||||||||||||
| Suzano Austria GmbH | 2.50 | 09/15/28 | 45,000 | 41,419 | ||||||||||
| Suzano Austria GmbH | 5.00 | 01/15/30 | 115,000 | 112,441 | ||||||||||
| Suzano Austria GmbH | 6.00 | 01/15/29 | 185,000 | 188,873 | ||||||||||
| Suzano International Finance BV | 5.50 | 01/17/27 | 80,000 | 80,825 | ||||||||||
| 423,558 | ||||||||||||||
| GAS – 0.5% | ||||||||||||||
| National Fuel Gas Co. | 5.50 | 03/15/30 | 50,000 | 51,238 | ||||||||||
| NiSource, Inc. | 2.95 | 09/01/29 | 75,000 | 70,336 | ||||||||||
| NiSource, Inc. | 3.49 | 05/15/27 | 110,000 | 108,077 | ||||||||||
| NiSource, Inc. | 5.20 | 07/01/29 | 70,000 | 71,602 | ||||||||||
| NiSource, Inc. | 5.25 | 03/30/28 | 113,000 | 115,562 | ||||||||||
| NiSource, Inc. | 6.95 | 11/30/54 | 55,000 | 55,978 | ||||||||||
| Piedmont Natural Gas Co., Inc. | 3.50 | 06/01/29 | 70,000 | 67,413 | ||||||||||
| 540,206 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.3% | ||||||||||||||
| Regal Rexnord Corp. | 6.05 | 04/15/28 | 125,000 | 128,189 | ||||||||||
| Regal Rexnord Corp. | 6.30 | 02/15/30 | 110,000 | 113,623 | ||||||||||
| Stanley Black & Decker, Inc. | 2.30 | 03/15/30 | 75,000 | 65,330 | ||||||||||
| Stanley Black & Decker, Inc. | 4.25 | 11/15/28 | 60,000 | 59,169 | ||||||||||
| 366,311 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.7% | ||||||||||||||
| Agilent Technologies, Inc. | 2.75 | 09/15/29 | 45,000 | 41,737 | ||||||||||
| Agilent Technologies, Inc. | 4.20 | 09/09/27 | 70,000 | 69,967 | ||||||||||
| Baxter International, Inc. | 1.92 | 02/01/27 | 160,000 | 153,128 | ||||||||||
| Baxter International, Inc. | 2.27 | 12/01/28 | 130,000 | 119,971 | ||||||||||
| Baxter International, Inc. | 2.60 | 08/15/26 | 85,000 | 82,934 | ||||||||||
| Edwards Lifesciences Corp. | 4.30 | 06/15/28 | 55,000 | 54,593 | ||||||||||
| GE HealthCare Technologies, Inc. | 4.80 | 08/14/29 | 120,000 | 120,927 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.65 | 11/15/27 | 190,000 | 195,492 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.86 | 03/15/30 | 135,000 | 141,562 | ||||||||||
| Revvity, Inc. | 1.90 | 09/15/28 | 50,000 | 45,869 | ||||||||||
| Revvity, Inc. | 3.30 | 09/15/29 | 90,000 | 84,822 | ||||||||||
| Solventum Corp. | 5.40 | 03/01/29 | 165,000 | 168,448 | ||||||||||
| Solventum Corp. | 5.45 | 02/25/27 | 105,000 | 106,622 | ||||||||||
| Stryker Corp. | 3.65 | 03/07/28 | 75,000 | 73,818 | ||||||||||
| Stryker Corp. | 4.25 | 09/11/29 | 75,000 | 74,634 | ||||||||||
| Stryker Corp. | 4.55 | 02/10/27 | 55,000 | 55,327 | ||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-PRODUCTS – 1.7% (Continued) | ||||||||||||||
| Stryker Corp. | 4.70 | 02/10/28 | $ | 75,000 | $ | 75,885 | ||||||||
| Stryker Corp. | 4.85 | 12/08/28 | 65,000 | 66,205 | ||||||||||
| Stryker Corp. | 4.85 | 02/10/30 | 85,000 | 86,222 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 4.70 | 02/19/27 | 55,000 | 55,251 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.05 | 02/19/30 | 65,000 | 66,077 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.35 | 12/01/28 | 60,000 | 61,628 | ||||||||||
| 2,001,119 | ||||||||||||||
| HEALTHCARE-SERVICES – 4.3% | ||||||||||||||
| Centene Corp. | 2.45 | 07/15/28 | 255,000 | 234,643 | ||||||||||
| Centene Corp. | 3.38 | 02/15/30 | 220,000 | 200,736 | ||||||||||
| Centene Corp. | 4.25 | 12/15/27 | 265,000 | 259,013 | ||||||||||
| Centene Corp. | 4.63 | 12/15/29 | 380,000 | 366,628 | ||||||||||
| Cigna Group | 2.40 | 03/15/30 | 160,000 | 144,960 | ||||||||||
| Cigna Group | 3.05 | 10/15/27 | 60,000 | 58,276 | ||||||||||
| Cigna Group | 3.40 | 03/01/27 | 145,000 | 142,664 | ||||||||||
| Cigna Group | 4.38 | 10/15/28 | 420,000 | 419,308 | ||||||||||
| Cigna Group | 5.00 | 05/15/29 | 100,000 | 101,964 | ||||||||||
| Elevance Health, Inc. | 2.88 | 09/15/29 | 85,000 | 79,609 | ||||||||||
| Elevance Health, Inc. | 3.65 | 12/01/27 | 175,000 | 172,204 | ||||||||||
| Elevance Health, Inc. | 4.10 | 03/01/28 | 145,000 | 144,177 | ||||||||||
| Elevance Health, Inc. | 4.75 | 02/15/30 | 80,000 | 80,686 | ||||||||||
| Elevance Health, Inc. | 5.15 | 06/15/29 | 65,000 | 66,645 | ||||||||||
| HCA, Inc. | 3.13 | 03/15/27 | 105,000 | 102,370 | ||||||||||
| HCA, Inc. | 3.38 | 03/15/29 | 60,000 | 57,189 | ||||||||||
| HCA, Inc. | 4.13 | 06/15/29 | 215,000 | 209,351 | ||||||||||
| HCA, Inc. | 4.50 | 02/15/27 | 140,000 | 139,838 | ||||||||||
| HCA, Inc. | 5.00 | 03/01/28 | 75,000 | 75,882 | ||||||||||
| HCA, Inc. | 5.20 | 06/01/28 | 105,000 | 106,735 | ||||||||||
| HCA, Inc. | 5.25 | 06/15/26 | 165,000 | 165,473 | ||||||||||
| HCA, Inc. | 5.25 | 03/01/30 | 85,000 | 86,388 | ||||||||||
| HCA, Inc. | 5.38 | 09/01/26 | 105,000 | 105,647 | ||||||||||
| HCA, Inc. | 5.63 | 09/01/28 | 170,000 | 174,196 | ||||||||||
| HCA, Inc. | 5.88 | 02/01/29 | 105,000 | 108,503 | ||||||||||
| Humana, Inc. | 1.35 | 02/03/27 | 85,000 | 80,419 | ||||||||||
| Humana, Inc. | 3.13 | 08/15/29 | 45,000 | 42,079 | ||||||||||
| Humana, Inc. | 3.70 | 03/23/29 | 85,000 | 81,932 | ||||||||||
| Humana, Inc. | 3.95 | 03/15/27 | 75,000 | 74,248 | ||||||||||
| Humana, Inc. | 4.88 | 04/01/30 | 60,000 | 60,058 | ||||||||||
| Humana, Inc. | 5.75 | 03/01/28 | 60,000 | 61,812 | ||||||||||
| Humana, Inc. | 5.75 | 12/01/28 | 45,000 | 46,627 | ||||||||||
| Icon Investments Six DAC | 5.81 | 05/08/27 | 80,000 | 81,624 | ||||||||||
| Icon Investments Six DAC | 5.85 | 05/08/29 | 85,000 | 87,156 | ||||||||||
| IQVIA, Inc. | 5.70 | 05/15/28 | 80,000 | 81,454 | ||||||||||
| IQVIA, Inc. | 6.25 | 02/01/29 | 140,000 | 145,710 | ||||||||||
| Laboratory Corp. of America Holdings | 1.55 | 06/01/26 | 55,000 | 53,333 | ||||||||||
| Laboratory Corp. of America Holdings | 2.95 | 12/01/29 | 75,000 | 69,880 | ||||||||||
| Laboratory Corp. of America Holdings | 3.60 | 09/01/27 | 75,000 | 73,799 | ||||||||||
| Laboratory Corp. of America Holdings | 4.35 | 04/01/30 | 70,000 | 68,823 | ||||||||||
The accompanying notes are an integral part of these financial statements.
112
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 4.3% (Continued) | ||||||||||||||
| Quest Diagnostics, Inc. | 3.45 | 06/01/26 | $ | 50,000 | $ | 49,558 | ||||||||
| Quest Diagnostics, Inc. | 4.20 | 06/30/29 | 60,000 | 59,471 | ||||||||||
| Quest Diagnostics, Inc. | 4.63 | 12/15/29 | 70,000 | 70,343 | ||||||||||
| Universal Health Services, Inc. | 1.65 | 09/01/26 | 70,000 | 67,136 | ||||||||||
| Universal Health Services, Inc. | 4.63 | 10/15/29 | 60,000 | 58,497 | ||||||||||
| 5,217,044 | ||||||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Lennar Corp. | 4.75 | 11/29/27 | 80,000 | 80,340 | ||||||||||
| HOME FURNISHINGS – 0.2% | ||||||||||||||
| Leggett & Platt, Inc. | 3.50 | 11/15/27 | 60,000 | 57,777 | ||||||||||
| Leggett & Platt, Inc. | 4.40 | 03/15/29 | 60,000 | 57,486 | ||||||||||
| Whirlpool Corp. | 4.75 | 02/26/29 | 75,000 | 71,120 | ||||||||||
| 186,383 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% | ||||||||||||||
| Avery Dennison Corp. | 2.65 | 04/30/30 | 55,000 | 49,614 | ||||||||||
| Avery Dennison Corp. | 4.88 | 12/06/28 | 50,000 | 50,419 | ||||||||||
| Clorox Co. | 3.90 | 05/15/28 | 55,000 | 54,426 | ||||||||||
| Clorox Co. | 4.40 | 05/01/29 | 45,000 | 45,105 | ||||||||||
| 199,564 | ||||||||||||||
| INSURANCE – 2.5% | ||||||||||||||
| Aegon Ltd. | 5.50 | 04/11/48 | 100,000 | 99,242 | ||||||||||
| Allstate Corp. | 3.28 | 12/15/26 | 65,000 | 63,837 | ||||||||||
| Allstate Corp. | 5.05 | 06/24/29 | 55,000 | 56,139 | ||||||||||
| American National Group, Inc. | 5.00 | 06/15/27 | 45,000 | 45,106 | ||||||||||
| American National Group, Inc. | 5.75 | 10/01/29 | 70,000 | 71,203 | ||||||||||
| Aon Corp. | 3.75 | 05/02/29 | 75,000 | 72,952 | ||||||||||
| Aon Corp. | 8.21 | 01/01/27 | 50,000 | 52,199 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 2.85 | 05/28/27 | 75,000 | 72,918 | ||||||||||
| Aon North America, Inc. | 5.13 | 03/01/27 | 70,000 | 70,995 | ||||||||||
| Aon North America, Inc. | 5.15 | 03/01/29 | 115,000 | 117,460 | ||||||||||
| Arthur J Gallagher & Co. | 4.60 | 12/15/27 | 80,000 | 80,611 | ||||||||||
| Arthur J Gallagher & Co. | 4.85 | 12/15/29 | 85,000 | 86,057 | ||||||||||
| Athene Holding Ltd. | 4.13 | 01/12/28 | 110,000 | 108,460 | ||||||||||
| Athene Holding Ltd. | 6.15 | 04/03/30 | 50,000 | 52,537 | ||||||||||
| Brighthouse Financial, Inc. | 3.70 | 06/22/27 | 85,000 | 83,378 | ||||||||||
| CNA Financial Corp. | 3.45 | 08/15/27 | 60,000 | 58,762 | ||||||||||
| CNA Financial Corp. | 3.90 | 05/01/29 | 45,000 | 43,877 | ||||||||||
| CNO Financial Group, Inc. | 5.25 | 05/30/29 | 55,000 | 55,087 | ||||||||||
| Corebridge Financial, Inc. | 3.65 | 04/05/27 | 130,000 | 128,102 | ||||||||||
| Corebridge Financial, Inc. | 3.85 | 04/05/29 | 115,000 | 111,602 | ||||||||||
| Corebridge Financial, Inc. | 6.88 | 12/15/52 | 115,000 | 116,437 | ||||||||||
| Enstar Finance LLC | 5.50 | 01/15/42 | 45,000 | 43,219 | ||||||||||
| Enstar Group Ltd. | 4.95 | 06/01/29 | 70,000 | 69,841 | ||||||||||
| Equitable Holdings, Inc. | 4.35 | 04/20/28 | 155,000 | 154,370 | ||||||||||
| Essent Group Ltd. | 6.25 | 07/01/29 | 60,000 | 61,591 | ||||||||||
| F&G Annuities & Life, Inc. | 6.50 | 06/04/29 | 50,000 | 51,004 | ||||||||||
| Fairfax Financial Holdings Ltd. | 4.63 | 04/29/30 | 70,000 | 68,805 | ||||||||||
The accompanying notes are an integral part of these financial statements.
113
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 2.5% (Continued) | ||||||||||||||
| Fairfax Financial Holdings Ltd. | 4.85 | 04/17/28 | $ | 55,000 | $ | 55,461 | ||||||||
| Globe Life, Inc. | 4.55 | 09/15/28 | 60,000 | 60,254 | ||||||||||
| Hartford Insurance Group, Inc. | 2.80 | 08/19/29 | 60,000 | 55,661 | ||||||||||
| Lincoln National Corp. | 3.05 | 01/15/30 | 55,000 | 51,095 | ||||||||||
| Lincoln National Corp. | 3.80 | 03/01/28 | 60,000 | 58,841 | ||||||||||
| MGIC Investment Corp. | 5.25 | 08/15/28 | 75,000 | 74,838 | ||||||||||
| Old Republic International Corp. | 3.88 | 08/26/26 | 65,000 | 64,299 | ||||||||||
| Prudential Financial, Inc. | 4.50 | 09/15/47 | 85,000 | 82,816 | ||||||||||
| Prudential Financial, Inc. | 5.70 | 09/15/48 | 115,000 | 114,820 | ||||||||||
| Reinsurance Group of America, Inc. | 3.90 | 05/15/29 | 60,000 | 58,587 | ||||||||||
| Willis North America, Inc. | 2.95 | 09/15/29 | 75,000 | 69,899 | ||||||||||
| Willis North America, Inc. | 4.50 | 09/15/28 | 70,000 | 69,986 | ||||||||||
| Willis North America, Inc. | 4.65 | 06/15/27 | 85,000 | 85,363 | ||||||||||
| 2,997,711 | ||||||||||||||
| INTERNET – 1.2% | ||||||||||||||
| eBay, Inc. | 1.40 | 05/10/26 | 80,000 | 77,513 | ||||||||||
| eBay, Inc. | 2.70 | 03/11/30 | 110,000 | 100,632 | ||||||||||
| eBay, Inc. | 3.60 | 06/05/27 | 95,000 | 93,504 | ||||||||||
| Expedia Group, Inc. | 3.25 | 02/15/30 | 145,000 | 135,537 | ||||||||||
| Expedia Group, Inc. | 3.80 | 02/15/28 | 115,000 | 112,831 | ||||||||||
| Expedia Group, Inc. | 4.63 | 08/01/27 | 80,000 | 80,098 | ||||||||||
| Netflix, Inc. | 4.38 | 11/15/26 | 115,000 | 115,450 | ||||||||||
| Netflix, Inc. | 4.88 | 04/15/28 | 170,000 | 173,713 | ||||||||||
| Netflix, Inc. | 5.88 | 11/15/28 | 208,000 | 219,521 | ||||||||||
| Netflix, Inc. | 6.38 | 05/15/29 | 90,000 | 96,980 | ||||||||||
| Uber Technologies, Inc. | 4.30 | 01/15/30 | 130,000 | 128,791 | ||||||||||
| VeriSign, Inc. | 4.75 | 07/15/27 | 55,000 | 55,035 | ||||||||||
| 1,389,605 | ||||||||||||||
| INVESTMENT COMPANIES – 2.8% | ||||||||||||||
| Apollo Debt Solutions BDC | 6.90 | 04/13/29 | 115,000 | 118,318 | ||||||||||
| Ares Capital Corp. | 2.15 | 07/15/26 | 113,000 | 108,954 | ||||||||||
| Ares Capital Corp. | 2.88 | 06/15/27 | 50,000 | 47,722 | ||||||||||
| Ares Capital Corp. | 2.88 | 06/15/28 | 145,000 | 134,633 | ||||||||||
| Ares Capital Corp. | 5.88 | 03/01/29 | 105,000 | 105,965 | ||||||||||
| Ares Capital Corp. | 5.95 | 07/15/29 | 100,000 | 101,325 | ||||||||||
| Ares Capital Corp. | 7.00 | 01/15/27 | 95,000 | 97,591 | ||||||||||
| Ares Strategic Income Fund(1) | 5.60 | 02/15/30 | 85,000 | 83,750 | ||||||||||
| Ares Strategic Income Fund(1) | 5.70 | 03/15/28 | 105,000 | 104,924 | ||||||||||
| Ares Strategic Income Fund(1) | 6.35 | 08/15/29 | 80,000 | 81,407 | ||||||||||
| Blackstone Private Credit Fund | 2.63 | 12/15/26 | 130,000 | 124,719 | ||||||||||
| Blackstone Private Credit Fund | 3.25 | 03/15/27 | 110,000 | 106,069 | ||||||||||
| Blackstone Private Credit Fund | 4.00 | 01/15/29 | 75,000 | 70,885 | ||||||||||
| Blackstone Private Credit Fund | 7.30 | 11/27/28 | 70,000 | 74,111 | ||||||||||
| Blackstone Secured Lending Fund | 2.13 | 02/15/27 | 60,000 | 56,833 | ||||||||||
| Blackstone Secured Lending Fund | 2.75 | 09/16/26 | 75,000 | 72,510 | ||||||||||
| Blackstone Secured Lending Fund | 2.85 | 09/30/28 | 75,000 | 68,747 | ||||||||||
| Blackstone Secured Lending Fund | 5.35 | 04/13/28 | 80,000 | 79,837 | ||||||||||
| Blue Owl Capital Corp. | 2.63 | 01/15/27 | 65,000 | 61,848 | ||||||||||
The accompanying notes are an integral part of these financial statements.
114
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INVESTMENT COMPANIES – 2.8% (Continued) | ||||||||||||||
| Blue Owl Capital Corp. | 2.88 | 06/11/28 | $ | 100,000 | $ | 91,331 | ||||||||
| Blue Owl Capital Corp. | 3.40 | 07/15/26 | 115,000 | 111,801 | ||||||||||
| Blue Owl Capital Corp. | 5.95 | 03/15/29 | 90,000 | 89,376 | ||||||||||
| Blue Owl Credit Income Corp.(1) | 5.80 | 03/15/30 | 100,000 | 97,848 | ||||||||||
| Blue Owl Credit Income Corp.(1) | 6.60 | 09/15/29 | 90,000 | 91,110 | ||||||||||
| Blue Owl Credit Income Corp. | 7.75 | 09/16/27 | 60,000 | 62,298 | ||||||||||
| Blue Owl Credit Income Corp. | 7.75 | 01/15/29 | 70,000 | 73,635 | ||||||||||
| Blue Owl Credit Income Corp. | 7.95 | 06/13/28 | 70,000 | 73,798 | ||||||||||
| Blue Owl Technology Finance Corp.(1) | 6.10 | 03/15/28 | 75,000 | 74,380 | ||||||||||
| Blue Owl Technology Finance Corp. | 6.75 | 04/04/29 | 70,000 | 70,193 | ||||||||||
| FS KKR Capital Corp. | 3.13 | 10/12/28 | 90,000 | 81,298 | ||||||||||
| FS KKR Capital Corp. | 3.25 | 07/15/27 | 60,000 | 56,946 | ||||||||||
| FS KKR Capital Corp. | 6.13 | 01/15/30 | 70,000 | 68,834 | ||||||||||
| FS KKR Capital Corp. | 6.88 | 08/15/29 | 70,000 | 71,169 | ||||||||||
| Golub Capital BDC, Inc. | 2.50 | 08/24/26 | 60,000 | 57,764 | ||||||||||
| Golub Capital BDC, Inc. | 6.00 | 07/15/29 | 80,000 | 80,259 | ||||||||||
| Golub Capital Private Credit Fund(1) | 5.80 | 09/12/29 | 60,000 | 59,096 | ||||||||||
| HPS Corporate Lending Fund | 5.45 | 01/14/28 | 80,000 | 79,997 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 65,000 | 67,006 | ||||||||||
| Main Street Capital Corp. | 3.00 | 07/14/26 | 45,000 | 43,553 | ||||||||||
| Sixth Street Lending Partners | 5.75 | 01/15/30 | 65,000 | 64,327 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 90,000 | 91,623 | ||||||||||
| 3,357,790 | ||||||||||||||
| IRON/STEEL – 0.2% | ||||||||||||||
| ArcelorMittal SA | 4.25 | 07/16/29 | 45,000 | 43,964 | ||||||||||
| ArcelorMittal SA | 6.55 | 11/29/27 | 130,000 | 135,259 | ||||||||||
| Steel Dynamics, Inc. | 3.45 | 04/15/30 | 65,000 | 61,306 | ||||||||||
| 240,529 | ||||||||||||||
| LEISURE TIME – 0.1% | ||||||||||||||
| Polaris, Inc. | 6.95 | 03/15/29 | 60,000 | 61,821 | ||||||||||
| LODGING – 1.1% | ||||||||||||||
| Hyatt Hotels Corp. | 5.05 | 03/30/28 | 50,000 | 50,261 | ||||||||||
| Hyatt Hotels Corp. | 5.25 | 06/30/29 | 75,000 | 75,293 | ||||||||||
| Hyatt Hotels Corp. | 5.75 | 01/30/27 | 70,000 | 71,196 | ||||||||||
| Las Vegas Sands Corp. | 3.50 | 08/18/26 | 105,000 | 102,733 | ||||||||||
| Las Vegas Sands Corp. | 3.90 | 08/08/29 | 90,000 | 83,602 | ||||||||||
| Las Vegas Sands Corp. | 5.90 | 06/01/27 | 80,000 | 81,081 | ||||||||||
| Las Vegas Sands Corp. | 6.00 | 08/15/29 | 50,000 | 50,536 | ||||||||||
| Marriott International, Inc./MD | 3.13 | 06/15/26 | 80,000 | 78,812 | ||||||||||
| Marriott International, Inc./MD | 4.80 | 03/15/30 | 50,000 | 50,065 | ||||||||||
| Marriott International, Inc./MD | 4.88 | 05/15/29 | 55,000 | 55,498 | ||||||||||
| Marriott International, Inc./MD | 4.90 | 04/15/29 | 95,000 | 95,809 | ||||||||||
| Marriott International, Inc./MD | 5.00 | 10/15/27 | 105,000 | 106,487 | ||||||||||
| Marriott International, Inc./MD | 5.55 | 10/15/28 | 75,000 | 77,476 | ||||||||||
| Sands China Ltd. | 2.30 | 03/08/27 | 85,000 | 80,123 | ||||||||||
| Sands China Ltd. | 2.85 | 03/08/29 | 75,000 | 67,127 | ||||||||||
| Sands China Ltd. | 5.40 | 08/08/28 | 203,000 | 199,989 | ||||||||||
| 1,326,088 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
115
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MACHINERY-DIVERSIFIED – 1.1% | ||||||||||||||
| CNH Industrial Capital LLC | 1.45 | 07/15/26 | $ | 70,000 | $ | 67,365 | ||||||||
| CNH Industrial Capital LLC | 4.50 | 10/08/27 | 75,000 | 74,911 | ||||||||||
| CNH Industrial Capital LLC | 4.55 | 04/10/28 | 65,000 | 64,905 | ||||||||||
| CNH Industrial Capital LLC | 4.75 | 03/21/28 | 50,000 | 50,239 | ||||||||||
| CNH Industrial Capital LLC | 5.10 | 04/20/29 | 50,000 | 50,676 | ||||||||||
| CNH Industrial Capital LLC | 5.50 | 01/12/29 | 60,000 | 61,661 | ||||||||||
| CNH Industrial NV | 3.85 | 11/15/27 | 50,000 | 49,100 | ||||||||||
| IDEX Corp. | 4.95 | 09/01/29 | 55,000 | 55,618 | ||||||||||
| Ingersoll Rand, Inc. | 5.18 | 06/15/29 | 70,000 | 71,425 | ||||||||||
| Ingersoll Rand, Inc. | 5.20 | 06/15/27 | 75,000 | 76,111 | ||||||||||
| Ingersoll Rand, Inc. | 5.40 | 08/14/28 | 60,000 | 61,725 | ||||||||||
| Nordson Corp. | 4.50 | 12/15/29 | 70,000 | 69,436 | ||||||||||
| Otis Worldwide Corp. | 2.29 | 04/05/27 | 55,000 | 52,974 | ||||||||||
| Otis Worldwide Corp. | 2.57 | 02/15/30 | 150,000 | 137,135 | ||||||||||
| Otis Worldwide Corp. | 5.25 | 08/16/28 | 90,000 | 92,448 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 3.45 | 11/15/26 | 90,000 | 88,675 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 4.70 | 09/15/28 | 130,000 | 130,471 | ||||||||||
| Xylem, Inc./NY | 1.95 | 01/30/28 | 60,000 | 56,369 | ||||||||||
| Xylem, Inc./NY | 3.25 | 11/01/26 | 55,000 | 54,142 | ||||||||||
| 1,365,386 | ||||||||||||||
| MEDIA – 1.3% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.25 | 01/15/29 | 140,000 | 126,976 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.75 | 02/15/28 | 110,000 | 106,809 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.20 | 03/15/28 | 150,000 | 147,475 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.05 | 03/30/29 | 135,000 | 134,794 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.10 | 06/01/29 | 150,000 | 155,224 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.15 | 11/10/26 | 120,000 | 122,420 | ||||||||||
| Discovery Communications LLC | 3.95 | 03/20/28 | 190,000 | 181,774 | ||||||||||
| Discovery Communications LLC | 4.13 | 05/15/29 | 80,000 | 74,804 | ||||||||||
| FactSet Research Systems, Inc. | 2.90 | 03/01/27 | 45,000 | 43,463 | ||||||||||
| Fox Corp. | 3.50 | 04/08/30 | 65,000 | 61,339 | ||||||||||
| Fox Corp. | 4.71 | 01/25/29 | 225,000 | 224,739 | ||||||||||
| Paramount Global | 2.90 | 01/15/27 | 60,000 | 58,264 | ||||||||||
| Paramount Global | 3.38 | 02/15/28 | 60,000 | 58,051 | ||||||||||
| Paramount Global | 4.20 | 06/01/29 | 55,000 | 53,067 | ||||||||||
| 1,549,199 | ||||||||||||||
| MINING – 0.1% | ||||||||||||||
| AngloGold Ashanti Holdings PLC | 3.38 | 11/01/28 | 85,000 | 80,841 | ||||||||||
| Newmont Corp. | 2.80 | 10/01/29 | 80,000 | 75,179 | ||||||||||
| 156,020 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
116
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MISCELLANEOUS MANUFACTURER – 0.2% | ||||||||||||||
| Carlisle Cos, Inc. | 2.75 | 03/01/30 | $ | 80,000 | $ | 73,207 | ||||||||
| Carlisle Cos, Inc. | 3.75 | 12/01/27 | 75,000 | 73,450 | ||||||||||
| Teledyne Technologies, Inc. | 2.25 | 04/01/28 | 65,000 | 61,323 | ||||||||||
| 207,980 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.3% | ||||||||||||||
| CDW LLC/CDW Finance Corp. | 2.67 | 12/01/26 | 105,000 | 101,664 | ||||||||||
| CDW LLC/CDW Finance Corp. | 3.25 | 02/15/29 | 75,000 | 69,993 | ||||||||||
| CDW LLC/CDW Finance Corp. | 3.28 | 12/01/28 | 55,000 | 51,875 | ||||||||||
| CDW LLC/CDW Finance Corp. | 4.25 | 04/01/28 | 55,000 | 53,990 | ||||||||||
| CDW LLC/CDW Finance Corp. | 5.10 | 03/01/30 | 70,000 | 70,032 | ||||||||||
| 347,554 | ||||||||||||||
| OIL & GAS – 2.1% | ||||||||||||||
| Canadian Natural Resources Ltd. | 3.85 | 06/01/27 | 135,000 | 133,253 | ||||||||||
| Canadian Natural Resources Ltd.(1) | 5.00 | 12/15/29 | 80,000 | 79,869 | ||||||||||
| Continental Resources, Inc. | 4.38 | 01/15/28 | 115,000 | 112,352 | ||||||||||
| Coterra Energy, Inc. | 3.90 | 05/15/27 | 65,000 | 64,069 | ||||||||||
| Devon Energy Corp. | 4.50 | 01/15/30 | 60,000 | 58,659 | ||||||||||
| Diamondback Energy, Inc. | 3.25 | 12/01/26 | 95,000 | 93,400 | ||||||||||
| Diamondback Energy, Inc. | 3.50 | 12/01/29 | 115,000 | 109,380 | ||||||||||
| Diamondback Energy, Inc. | 5.15 | 01/30/30 | 95,000 | 96,665 | ||||||||||
| Diamondback Energy, Inc. | 5.20 | 04/18/27 | 90,000 | 91,379 | ||||||||||
| EQT Corp. | 3.90 | 10/01/27 | 93,000 | 91,410 | ||||||||||
| EQT Corp.(1) | 4.50 | 01/15/29 | 90,000 | 87,332 | ||||||||||
| EQT Corp. | 5.70 | 04/01/28 | 60,000 | 61,624 | ||||||||||
| EQT Corp.(1) | 6.38 | 04/01/29 | 65,000 | 66,454 | ||||||||||
| EQT Corp. | 7.00 | 02/01/30 | 70,000 | 74,764 | ||||||||||
| Expand Energy Corp. | 5.38 | 02/01/29 | 75,000 | 74,786 | ||||||||||
| Expand Energy Corp. | 5.38 | 03/15/30 | 130,000 | 129,095 | ||||||||||
| Hess Corp. | 4.30 | 04/01/27 | 110,000 | 109,858 | ||||||||||
| Marathon Petroleum Corp. | 5.13 | 12/15/26 | 80,000 | 80,682 | ||||||||||
| Marathon Petroleum Corp. | 5.15 | 03/01/30 | 125,000 | 126,091 | ||||||||||
| Occidental Petroleum Corp. | 5.00 | 08/01/27 | 75,000 | 75,034 | ||||||||||
| Occidental Petroleum Corp. | 5.20 | 08/01/29 | 120,000 | 118,466 | ||||||||||
| Occidental Petroleum Corp. | 6.38 | 09/01/28 | 70,000 | 71,958 | ||||||||||
| Ovintiv, Inc. | 5.65 | 05/15/28 | 70,000 | 71,343 | ||||||||||
| Phillips 66 | 3.90 | 03/15/28 | 85,000 | 83,857 | ||||||||||
| Phillips 66 Co. | 3.15 | 12/15/29 | 60,000 | 56,231 | ||||||||||
| Phillips 66 Co. | 4.95 | 12/01/27 | 80,000 | 81,112 | ||||||||||
| Valero Energy Corp. | 2.15 | 09/15/27 | 55,000 | 52,219 | ||||||||||
| Valero Energy Corp. | 4.35 | 06/01/28 | 75,000 | 74,700 | ||||||||||
| Valero Energy Corp. | 5.15 | 02/15/30 | 70,000 | 70,789 | ||||||||||
| 2,496,831 | ||||||||||||||
| OIL & GAS SERVICES – 0.1% | ||||||||||||||
| Halliburton Co. | 2.92 | 03/01/30 | 110,000 | 101,223 | ||||||||||
| NOV, Inc. | 3.60 | 12/01/29 | 50,000 | 47,237 | ||||||||||
| 148,460 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
117
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 0.6% | ||||||||||||||
| Amcor Flexibles North America, Inc.(1) | 4.80 | 03/17/28 | $ | 70,000 | $ | 70,552 | ||||||||
| Amcor Flexibles North America, Inc.(1) | 5.10 | 03/17/30 | 85,000 | 85,827 | ||||||||||
| Amcor Group Finance PLC | 5.45 | 05/23/29 | 55,000 | 56,113 | ||||||||||
| Packaging Corp. of America | 3.00 | 12/15/29 | 45,000 | 41,999 | ||||||||||
| Packaging Corp. of America | 3.40 | 12/15/27 | 65,000 | 63,727 | ||||||||||
| Smurfit Kappa Treasury ULC(1) | 5.20 | 01/15/30 | 95,000 | 96,258 | ||||||||||
| Sonoco Products Co. | 4.45 | 09/01/26 | 60,000 | 59,914 | ||||||||||
| Sonoco Products Co. | 4.60 | 09/01/29 | 65,000 | 64,084 | ||||||||||
| WRKCo, Inc. | 3.90 | 06/01/28 | 50,000 | 48,956 | ||||||||||
| WRKCo, Inc. | 4.00 | 03/15/28 | 65,000 | 64,000 | ||||||||||
| WRKCo, Inc. | 4.90 | 03/15/29 | 75,000 | 75,404 | ||||||||||
| 726,834 | ||||||||||||||
| PHARMACEUTICALS – 3.2% | ||||||||||||||
| Becton Dickinson & Co. | 3.70 | 06/06/27 | 193,000 | 190,833 | ||||||||||
| Becton Dickinson & Co. | 4.69 | 02/13/28 | 90,000 | 90,658 | ||||||||||
| Becton Dickinson & Co. | 4.87 | 02/08/29 | 70,000 | 70,715 | ||||||||||
| Becton Dickinson & Co. | 5.08 | 06/07/29 | 65,000 | 66,238 | ||||||||||
| Cardinal Health, Inc. | 3.41 | 06/15/27 | 130,000 | 127,752 | ||||||||||
| Cardinal Health, Inc. | 4.70 | 11/15/26 | 65,000 | 65,337 | ||||||||||
| Cardinal Health, Inc. | 5.00 | 11/15/29 | 80,000 | 81,341 | ||||||||||
| Cardinal Health, Inc. | 5.13 | 02/15/29 | 70,000 | 71,549 | ||||||||||
| Cencora, Inc. | 3.45 | 12/15/27 | 80,000 | 78,304 | ||||||||||
| Cencora, Inc. | 4.63 | 12/15/27 | 60,000 | 60,456 | ||||||||||
| Cencora, Inc. | 4.85 | 12/15/29 | 70,000 | 70,842 | ||||||||||
| CVS Health Corp. | 1.30 | 08/21/27 | 250,000 | 232,447 | ||||||||||
| CVS Health Corp. | 2.88 | 06/01/26 | 185,000 | 181,625 | ||||||||||
| CVS Health Corp. | 3.00 | 08/15/26 | 90,000 | 88,260 | ||||||||||
| CVS Health Corp. | 3.25 | 08/15/29 | 200,000 | 188,585 | ||||||||||
| CVS Health Corp. | 3.63 | 04/01/27 | 75,000 | 73,803 | ||||||||||
| CVS Health Corp. | 3.75 | 04/01/30 | 160,000 | 152,266 | ||||||||||
| CVS Health Corp. | 4.30 | 03/25/28 | 555,000 | 551,177 | ||||||||||
| CVS Health Corp. | 5.00 | 01/30/29 | 105,000 | 106,156 | ||||||||||
| CVS Health Corp. | 5.13 | 02/21/30 | 165,000 | 167,014 | ||||||||||
| CVS Health Corp. | 5.40 | 06/01/29 | 110,000 | 112,879 | ||||||||||
| Mylan, Inc. | 4.55 | 04/15/28 | 90,000 | 88,066 | ||||||||||
| Shire Acquisitions Investments Ireland DAC | 3.20 | 09/23/26 | 169,000 | 166,508 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 2.05 | 03/31/30 | 275,000 | 244,711 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.00 | 11/26/28 | 200,000 | 203,717 | ||||||||||
| Utah Acquisition Sub, Inc. | 3.95 | 06/15/26 | 173,000 | 170,639 | ||||||||||
| Viatris, Inc. | 2.30 | 06/22/27 | 80,000 | 75,394 | ||||||||||
| Zoetis, Inc. | 3.00 | 09/12/27 | 65,000 | 63,250 | ||||||||||
| Zoetis, Inc. | 3.90 | 08/20/28 | 60,000 | 59,406 | ||||||||||
| 3,899,928 | ||||||||||||||
| PIPELINES – 5.8% | ||||||||||||||
| Boardwalk Pipelines LP | 4.45 | 07/15/27 | 50,000 | 50,005 | ||||||||||
| Boardwalk Pipelines LP | 4.80 | 05/03/29 | 55,000 | 55,076 | ||||||||||
| Boardwalk Pipelines LP | 5.95 | 06/01/26 | 60,000 | 60,722 | ||||||||||
| Cheniere Corpus Christi Holdings LLC | 3.70 | 11/15/29 | 125,000 | 119,380 | ||||||||||
The accompanying notes are an integral part of these financial statements.
118
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 5.8% (Continued) | ||||||||||||||
| Cheniere Corpus Christi Holdings LLC | 5.13 | 06/30/27 | $ | 125,000 | $ | 126,462 | ||||||||
| Cheniere Energy Partners LP | 4.50 | 10/01/29 | 170,000 | 165,868 | ||||||||||
| Cheniere Energy, Inc. | 4.63 | 10/15/28 | 165,000 | 163,118 | ||||||||||
| DCP Midstream Operating LP | 5.13 | 05/15/29 | 60,000 | 60,553 | ||||||||||
| DCP Midstream Operating LP | 5.63 | 07/15/27 | 60,000 | 61,086 | ||||||||||
| Enbridge, Inc. | 1.60 | 10/04/26 | 65,000 | 62,477 | ||||||||||
| Enbridge, Inc. | 3.13 | 11/15/29 | 105,000 | 98,451 | ||||||||||
| Enbridge, Inc. | 3.70 | 07/15/27 | 70,000 | 69,014 | ||||||||||
| Enbridge, Inc. | 4.25 | 12/01/26 | 80,000 | 79,725 | ||||||||||
| Enbridge, Inc. | 5.25 | 04/05/27 | 90,000 | 91,374 | ||||||||||
| Enbridge, Inc. | 5.30 | 04/05/29 | 80,000 | 81,924 | ||||||||||
| Enbridge, Inc. | 5.90 | 11/15/26 | 85,000 | 86,722 | ||||||||||
| Enbridge, Inc. | 6.00 | 11/15/28 | 95,000 | 99,440 | ||||||||||
| Enbridge, Inc. | 7.38 | 03/15/55 | 50,000 | 50,527 | ||||||||||
| Energy Transfer LP | 3.90 | 07/15/26 | 65,000 | 64,410 | ||||||||||
| Energy Transfer LP | 4.00 | 10/01/27 | 85,000 | 83,940 | ||||||||||
| Energy Transfer LP | 4.15 | 09/15/29 | 50,000 | 48,602 | ||||||||||
| Energy Transfer LP | 4.20 | 04/15/27 | 65,000 | 64,541 | ||||||||||
| Energy Transfer LP | 4.40 | 03/15/27 | 80,000 | 79,791 | ||||||||||
| Energy Transfer LP | 4.95 | 05/15/28 | 85,000 | 85,753 | ||||||||||
| Energy Transfer LP | 4.95 | 06/15/28 | 105,000 | 105,974 | ||||||||||
| Energy Transfer LP | 5.20 | 04/01/30 | 80,000 | 80,820 | ||||||||||
| Energy Transfer LP | 5.25 | 04/15/29 | 160,000 | 162,155 | ||||||||||
| Energy Transfer LP | 5.25 | 07/01/29 | 110,000 | 111,593 | ||||||||||
| Energy Transfer LP | 5.50 | 06/01/27 | 105,000 | 106,714 | ||||||||||
| Energy Transfer LP | 5.55 | 02/15/28 | 110,000 | 112,758 | ||||||||||
| Energy Transfer LP | 6.05 | 12/01/26 | 105,000 | 107,102 | ||||||||||
| Energy Transfer LP | 6.10 | 12/01/28 | 60,000 | 62,769 | ||||||||||
| Enterprise Products Operating LLC | 5.25 | 08/16/77 | 105,000 | 101,918 | ||||||||||
| Enterprise Products Operating LLC | 5.38 | 02/15/78 | 80,000 | 77,351 | ||||||||||
| Kinder Morgan, Inc. | 1.75 | 11/15/26 | 55,000 | 52,890 | ||||||||||
| Kinder Morgan, Inc. | 4.30 | 03/01/28 | 143,000 | 142,546 | ||||||||||
| Kinder Morgan, Inc. | 5.00 | 02/01/29 | 145,000 | 146,563 | ||||||||||
| Kinder Morgan, Inc. | 5.10 | 08/01/29 | 50,000 | 50,810 | ||||||||||
| MPLX LP | 4.00 | 03/15/28 | 140,000 | 138,193 | ||||||||||
| MPLX LP | 4.13 | 03/01/27 | 130,000 | 129,100 | ||||||||||
| MPLX LP | 4.25 | 12/01/27 | 85,000 | 84,497 | ||||||||||
| MPLX LP | 4.80 | 02/15/29 | 85,000 | 85,068 | ||||||||||
| ONEOK, Inc. | 3.10 | 03/15/30 | 95,000 | 87,709 | ||||||||||
| ONEOK, Inc. | 3.40 | 09/01/29 | 80,000 | 75,547 | ||||||||||
| ONEOK, Inc. | 4.00 | 07/13/27 | 50,000 | 49,438 | ||||||||||
| ONEOK, Inc. | 4.25 | 09/24/27 | 135,000 | 134,239 | ||||||||||
| ONEOK, Inc. | 4.35 | 03/15/29 | 80,000 | 78,769 | ||||||||||
| ONEOK, Inc. | 4.40 | 10/15/29 | 65,000 | 63,936 | ||||||||||
| ONEOK, Inc. | 4.55 | 07/15/28 | 85,000 | 84,986 | ||||||||||
| ONEOK, Inc. | 5.55 | 11/01/26 | 90,000 | 91,129 | ||||||||||
| ONEOK, Inc. | 5.65 | 11/01/28 | 70,000 | 72,198 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 3.55 | 12/15/29 | 115,000 | 108,965 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.50 | 12/15/26 | 85,000 | 85,039 | ||||||||||
The accompanying notes are an integral part of these financial statements.
119
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 5.8% (Continued) | ||||||||||||||
| Sabine Pass Liquefaction LLC | 4.20 | 03/15/28 | $ | 155,000 | $ | 153,948 | ||||||||
| Sabine Pass Liquefaction LLC | 5.00 | 03/15/27 | 170,000 | 171,265 | ||||||||||
| Sabine Pass Liquefaction LLC | 5.88 | 06/30/26 | 155,000 | 156,351 | ||||||||||
| South Bow USA Infrastructure Holdings LLC(1) | 4.91 | 09/01/27 | 80,000 | 80,415 | ||||||||||
| South Bow USA Infrastructure Holdings LLC(1) | 5.03 | 10/01/29 | 110,000 | 109,175 | ||||||||||
| Spectra Energy Partners LP | 3.38 | 10/15/26 | 75,000 | 73,716 | ||||||||||
| Targa Resources Corp. | 5.20 | 07/01/27 | 80,000 | 81,095 | ||||||||||
| Targa Resources Corp. | 6.15 | 03/01/29 | 115,000 | 120,050 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.00 | 01/15/28 | 80,000 | 79,911 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.50 | 03/01/30 | 100,000 | 99,871 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 6.50 | 07/15/27 | 80,000 | 80,324 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 6.88 | 01/15/29 | 75,000 | 76,680 | ||||||||||
| TC PipeLines LP | 3.90 | 05/25/27 | 45,000 | 44,420 | ||||||||||
| TransCanada PipeLines Ltd. | 4.10 | 04/15/30 | 135,000 | 130,509 | ||||||||||
| TransCanada PipeLines Ltd. | 4.25 | 05/15/28 | 155,000 | 153,914 | ||||||||||
| Western Midstream Operating LP | 4.05 | 02/01/30 | 110,000 | 104,568 | ||||||||||
| Western Midstream Operating LP | 6.35 | 01/15/29 | 70,000 | 72,833 | ||||||||||
| Williams Cos, Inc. | 3.75 | 06/15/27 | 170,000 | 167,504 | ||||||||||
| Williams Cos, Inc. | 4.90 | 03/15/29 | 115,000 | 116,272 | ||||||||||
| Williams Cos, Inc. | 5.30 | 08/15/28 | 100,000 | 102,322 | ||||||||||
| 6,974,880 | ||||||||||||||
| REAL ESTATE – 0.0% | ||||||||||||||
| CBRE Services, Inc. | 5.50 | 04/01/29 | 45,000 | 46,193 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 5.1% | ||||||||||||||
| American Homes 4 Rent LP | 4.25 | 02/15/28 | 60,000 | 59,520 | ||||||||||
| American Tower Corp. | 1.45 | 09/15/26 | 60,000 | 57,586 | ||||||||||
| American Tower Corp. | 1.50 | 01/31/28 | 70,000 | 64,664 | ||||||||||
| American Tower Corp. | 2.75 | 01/15/27 | 80,000 | 77,774 | ||||||||||
| American Tower Corp. | 2.90 | 01/15/30 | 80,000 | 74,093 | ||||||||||
| American Tower Corp. | 3.38 | 10/15/26 | 115,000 | 113,219 | ||||||||||
| American Tower Corp. | 3.55 | 07/15/27 | 85,000 | 83,486 | ||||||||||
| American Tower Corp. | 3.60 | 01/15/28 | 75,000 | 73,407 | ||||||||||
| American Tower Corp. | 3.65 | 03/15/27 | 65,000 | 64,052 | ||||||||||
| American Tower Corp. | 3.80 | 08/15/29 | 180,000 | 174,195 | ||||||||||
| American Tower Corp. | 3.95 | 03/15/29 | 75,000 | 73,193 | ||||||||||
| American Tower Corp. | 4.90 | 03/15/30 | 70,000 | 70,757 | ||||||||||
| American Tower Corp. | 5.00 | 01/31/30 | 70,000 | 71,187 | ||||||||||
| American Tower Corp. | 5.20 | 02/15/29 | 70,000 | 71,591 | ||||||||||
| American Tower Corp. | 5.25 | 07/15/28 | 70,000 | 71,602 | ||||||||||
| American Tower Corp. | 5.50 | 03/15/28 | 70,000 | 72,023 | ||||||||||
| American Tower Corp. | 5.80 | 11/15/28 | 90,000 | 93,730 | ||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 100,000 | 97,014 | ||||||||||
| Boston Properties LP | 2.90 | 03/15/30 | 85,000 | 77,026 | ||||||||||
| Boston Properties LP | 3.40 | 06/21/29 | 95,000 | 89,139 | ||||||||||
| Boston Properties LP | 4.50 | 12/01/28 | 110,000 | 108,285 | ||||||||||
| Boston Properties LP | 6.75 | 12/01/27 | 80,000 | 83,528 | ||||||||||
The accompanying notes are an integral part of these financial statements.
120
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 5.1% (Continued) | ||||||||||||||
| Brixmor Operating Partnership LP | 4.13 | 06/15/26 | $ | 78,000 | $ | 77,552 | ||||||||
| Brixmor Operating Partnership LP | 4.13 | 05/15/29 | 80,000 | 77,995 | ||||||||||
| Crown Castle, Inc. | 1.05 | 07/15/26 | 115,000 | 110,136 | ||||||||||
| Crown Castle, Inc. | 2.90 | 03/15/27 | 90,000 | 87,335 | ||||||||||
| Crown Castle, Inc. | 3.10 | 11/15/29 | 55,000 | 51,123 | ||||||||||
| Crown Castle, Inc. | 3.65 | 09/01/27 | 105,000 | 102,708 | ||||||||||
| Crown Castle, Inc. | 3.70 | 06/15/26 | 80,000 | 79,141 | ||||||||||
| Crown Castle, Inc. | 3.80 | 02/15/28 | 110,000 | 107,481 | ||||||||||
| Crown Castle, Inc. | 4.00 | 03/01/27 | 60,000 | 59,412 | ||||||||||
| Crown Castle, Inc. | 4.30 | 02/15/29 | 65,000 | 63,877 | ||||||||||
| Crown Castle, Inc. | 4.80 | 09/01/28 | 75,000 | 75,203 | ||||||||||
| Crown Castle, Inc. | 4.90 | 09/01/29 | 65,000 | 65,181 | ||||||||||
| Crown Castle, Inc. | 5.00 | 01/11/28 | 105,000 | 105,911 | ||||||||||
| Crown Castle, Inc. | 5.60 | 06/01/29 | 80,000 | 82,139 | ||||||||||
| CubeSmart LP | 2.25 | 12/15/28 | 50,000 | 45,998 | ||||||||||
| Digital Realty Trust LP | 3.60 | 07/01/29 | 100,000 | 96,289 | ||||||||||
| Digital Realty Trust LP | 3.70 | 08/15/27 | 110,000 | 108,666 | ||||||||||
| Digital Realty Trust LP | 4.45 | 07/15/28 | 75,000 | 74,848 | ||||||||||
| Digital Realty Trust LP | 5.55 | 01/15/28 | 95,000 | 97,631 | ||||||||||
| EPR Properties | 3.75 | 08/15/29 | 60,000 | 56,051 | ||||||||||
| Equinix, Inc. | 1.45 | 05/15/26 | 75,000 | 72,538 | ||||||||||
| Equinix, Inc. | 1.55 | 03/15/28 | 75,000 | 69,299 | ||||||||||
| Equinix, Inc. | 1.80 | 07/15/27 | 45,000 | 42,550 | ||||||||||
| Equinix, Inc. | 2.90 | 11/18/26 | 65,000 | 63,476 | ||||||||||
| Equinix, Inc. | 3.20 | 11/18/29 | 135,000 | 127,135 | ||||||||||
| Essex Portfolio LP | 3.00 | 01/15/30 | 50,000 | 46,258 | ||||||||||
| Essex Portfolio LP | 4.00 | 03/01/29 | 70,000 | 68,367 | ||||||||||
| Extra Space Storage LP | 3.50 | 07/01/26 | 50,000 | 49,425 | ||||||||||
| Extra Space Storage LP | 5.70 | 04/01/28 | 90,000 | 92,873 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 4.00 | 01/15/30 | 85,000 | 80,233 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.30 | 01/15/29 | 80,000 | 80,053 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.75 | 06/01/28 | 45,000 | 45,702 | ||||||||||
| Healthcare Realty Holdings LP | 3.10 | 02/15/30 | 60,000 | 55,105 | ||||||||||
| Healthcare Realty Holdings LP | 3.50 | 08/01/26 | 75,000 | 73,743 | ||||||||||
| Healthcare Realty Holdings LP | 3.75 | 07/01/27 | 60,000 | 58,727 | ||||||||||
| Healthpeak OP LLC | 2.13 | 12/01/28 | 60,000 | 55,070 | ||||||||||
| Healthpeak OP LLC | 3.00 | 01/15/30 | 85,000 | 78,768 | ||||||||||
| Healthpeak OP LLC | 3.25 | 07/15/26 | 65,000 | 63,960 | ||||||||||
| Healthpeak OP LLC | 3.50 | 07/15/29 | 75,000 | 71,332 | ||||||||||
| Host Hotels & Resorts LP | 3.38 | 12/15/29 | 80,000 | 73,887 | ||||||||||
| Invitation Homes Operating Partnership LP | 2.30 | 11/15/28 | 65,000 | 60,330 | ||||||||||
| Kilroy Realty LP | 3.05 | 02/15/30 | 65,000 | 57,386 | ||||||||||
| Kimco Realty OP LLC | 2.80 | 10/01/26 | 60,000 | 58,618 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.63 | 10/01/29 | 60,000 | 56,433 | ||||||||||
| Omega Healthcare Investors, Inc. | 4.50 | 04/01/27 | 65,000 | 64,916 | ||||||||||
| Omega Healthcare Investors, Inc. | 4.75 | 01/15/28 | 55,000 | 55,089 | ||||||||||
| Piedmont Operating Partnership LP | 9.25 | 07/20/28 | 55,000 | 59,639 | ||||||||||
| Sabra Health Care LP | 5.13 | 08/15/26 | 55,000 | 54,776 | ||||||||||
The accompanying notes are an integral part of these financial statements.
121
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 5.1% (Continued) | ||||||||||||||
| Sun Communities Operating LP | 5.50 | 01/15/29 | $ | 45,000 | $ | 46,237 | ||||||||
| UDR, Inc. | 3.20 | 01/15/30 | 55,000 | 51,658 | ||||||||||
| Ventas Realty LP | 3.00 | 01/15/30 | 80,000 | 74,295 | ||||||||||
| Ventas Realty LP | 4.00 | 03/01/28 | 60,000 | 59,174 | ||||||||||
| Ventas Realty LP | 4.40 | 01/15/29 | 85,000 | 84,245 | ||||||||||
| VICI Properties LP | 4.75 | 02/15/28 | 145,000 | 145,427 | ||||||||||
| VICI Properties LP | 4.95 | 02/15/30 | 105,000 | 104,471 | ||||||||||
| Weyerhaeuser Co. | 4.00 | 11/15/29 | 85,000 | 82,752 | ||||||||||
| Weyerhaeuser Co. | 4.00 | 04/15/30 | 85,000 | 82,312 | ||||||||||
| Weyerhaeuser Co. | 4.75 | 05/15/26 | 85,000 | 85,078 | ||||||||||
| 6,097,085 | ||||||||||||||
| RETAIL – 2.6% | ||||||||||||||
| AutoZone, Inc. | 3.75 | 06/01/27 | 65,000 | 64,179 | ||||||||||
| AutoZone, Inc. | 4.00 | 04/15/30 | 75,000 | 72,903 | ||||||||||
| AutoZone, Inc. | 5.10 | 07/15/29 | 80,000 | 81,722 | ||||||||||
| AutoZone, Inc. | 6.25 | 11/01/28 | 55,000 | 58,260 | ||||||||||
| Best Buy Co., Inc. | 4.45 | 10/01/28 | 55,000 | 54,959 | ||||||||||
| Darden Restaurants, Inc. | 3.85 | 05/01/27 | 55,000 | 54,336 | ||||||||||
| Dollar General Corp. | 3.50 | 04/03/30 | 110,000 | 103,297 | ||||||||||
| Dollar General Corp. | 3.88 | 04/15/27 | 70,000 | 69,144 | ||||||||||
| Dollar General Corp. | 4.13 | 05/01/28 | 55,000 | 54,258 | ||||||||||
| Dollar General Corp. | 4.63 | 11/01/27 | 60,000 | 60,153 | ||||||||||
| Dollar General Corp. | 5.20 | 07/05/28 | 50,000 | 50,813 | ||||||||||
| Dollar Tree, Inc. | 4.20 | 05/15/28 | 125,000 | 123,326 | ||||||||||
| Genuine Parts Co. | 4.95 | 08/15/29 | 85,000 | 85,566 | ||||||||||
| Lowe’s Cos, Inc. | 1.30 | 04/15/28 | 100,000 | 91,875 | ||||||||||
| Lowe’s Cos, Inc. | 1.70 | 09/15/28 | 115,000 | 105,368 | ||||||||||
| Lowe’s Cos, Inc. | 3.10 | 05/03/27 | 165,000 | 161,239 | ||||||||||
| Lowe’s Cos, Inc. | 3.35 | 04/01/27 | 95,000 | 93,392 | ||||||||||
| Lowe’s Cos, Inc. | 3.65 | 04/05/29 | 165,000 | 160,145 | ||||||||||
| Lowe’s Cos, Inc. | 4.50 | 04/15/30 | 140,000 | 139,592 | ||||||||||
| McDonald’s Corp. | 2.13 | 03/01/30 | 80,000 | 72,125 | ||||||||||
| McDonald’s Corp. | 2.63 | 09/01/29 | 110,000 | 102,841 | ||||||||||
| McDonald’s Corp. | 3.50 | 03/01/27 | 105,000 | 103,724 | ||||||||||
| McDonald’s Corp. | 3.50 | 07/01/27 | 115,000 | 113,467 | ||||||||||
| McDonald’s Corp. | 3.80 | 04/01/28 | 115,000 | 114,098 | ||||||||||
| McDonald’s Corp. | 4.80 | 08/14/28 | 75,000 | 76,338 | ||||||||||
| McDonald’s Corp. | 5.00 | 05/17/29 | 45,000 | 46,164 | ||||||||||
| O’Reilly Automotive, Inc. | 3.60 | 09/01/27 | 80,000 | 78,667 | ||||||||||
| O’Reilly Automotive, Inc. | 3.90 | 06/01/29 | 55,000 | 53,663 | ||||||||||
| O’Reilly Automotive, Inc. | 4.20 | 04/01/30 | 50,000 | 49,097 | ||||||||||
| O’Reilly Automotive, Inc. | 4.35 | 06/01/28 | 55,000 | 55,087 | ||||||||||
| O’Reilly Automotive, Inc. | 5.75 | 11/20/26 | 80,000 | 81,539 | ||||||||||
| Starbucks Corp. | 2.00 | 03/12/27 | 45,000 | 43,136 | ||||||||||
| Starbucks Corp. | 2.25 | 03/12/30 | 75,000 | 67,319 | ||||||||||
| Starbucks Corp. | 2.45 | 06/15/26 | 55,000 | 53,858 | ||||||||||
| Starbucks Corp. | 3.50 | 03/01/28 | 65,000 | 63,619 | ||||||||||
| Starbucks Corp. | 3.55 | 08/15/29 | 115,000 | 111,263 | ||||||||||
The accompanying notes are an integral part of these financial statements.
122
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 2.6% (Continued) | ||||||||||||||
| Starbucks Corp. | 4.00 | 11/15/28 | $ | 85,000 | $ | 83,947 | ||||||||
| Starbucks Corp. | 4.85 | 02/08/27 | 105,000 | 105,963 | ||||||||||
| 3,160,442 | ||||||||||||||
| SEMICONDUCTORS – 3.9% | ||||||||||||||
| Broadcom Corp./Broadcom Cayman Finance Ltd. | 3.50 | 01/15/28 | 75,000 | 73,406 | ||||||||||
| Broadcom Corp./Broadcom Cayman Finance Ltd. | 3.88 | 01/15/27 | 330,000 | 327,646 | ||||||||||
| Broadcom, Inc.(1) | 1.95 | 02/15/28 | 70,000 | 65,599 | ||||||||||
| Broadcom, Inc. | 3.46 | 09/15/26 | 80,000 | 79,030 | ||||||||||
| Broadcom, Inc.(1) | 4.00 | 04/15/29 | 90,000 | 88,239 | ||||||||||
| Broadcom, Inc. | 4.11 | 09/15/28 | 130,000 | 128,957 | ||||||||||
| Broadcom, Inc. | 4.15 | 02/15/28 | 100,000 | 99,660 | ||||||||||
| Broadcom, Inc. | 4.35 | 02/15/30 | 165,000 | 163,132 | ||||||||||
| Broadcom, Inc. | 4.75 | 04/15/29 | 180,000 | 181,613 | ||||||||||
| Broadcom, Inc. | 4.80 | 04/15/28 | 115,000 | 116,736 | ||||||||||
| Broadcom, Inc. | 5.00 | 04/15/30 | 60,000 | 61,004 | ||||||||||
| Broadcom, Inc. | 5.05 | 07/12/27 | 125,000 | 127,007 | ||||||||||
| Broadcom, Inc. | 5.05 | 07/12/29 | 255,000 | 260,136 | ||||||||||
| Broadcom, Inc. | 5.05 | 04/15/30 | 95,000 | 96,828 | ||||||||||
| Intel Corp. | 1.60 | 08/12/28 | 110,000 | 99,879 | ||||||||||
| Intel Corp. | 2.45 | 11/15/29 | 210,000 | 189,251 | ||||||||||
| Intel Corp. | 2.60 | 05/19/26 | 115,000 | 112,545 | ||||||||||
| Intel Corp. | 3.15 | 05/11/27 | 100,000 | 97,145 | ||||||||||
| Intel Corp. | 3.75 | 03/25/27 | 120,000 | 118,339 | ||||||||||
| Intel Corp. | 3.75 | 08/05/27 | 135,000 | 132,661 | ||||||||||
| Intel Corp. | 3.90 | 03/25/30 | 165,000 | 157,652 | ||||||||||
| Intel Corp. | 4.00 | 08/05/29 | 100,000 | 96,955 | ||||||||||
| Intel Corp. | 4.88 | 02/10/28 | 190,000 | 191,729 | ||||||||||
| Intel Corp. | 5.13 | 02/10/30 | 150,000 | 151,541 | ||||||||||
| Marvell Technology, Inc. | 2.45 | 04/15/28 | 80,000 | 75,366 | ||||||||||
| Marvell Technology, Inc. | 5.75 | 02/15/29 | 60,000 | 62,102 | ||||||||||
| Microchip Technology, Inc. | 4.90 | 03/15/28 | 110,000 | 110,260 | ||||||||||
| Microchip Technology, Inc. | 5.05 | 03/15/29 | 120,000 | 120,288 | ||||||||||
| Microchip Technology, Inc. | 5.05 | 02/15/30 | 105,000 | 104,703 | ||||||||||
| Micron Technology, Inc. | 4.19 | 02/15/27 | 110,000 | 110,194 | ||||||||||
| Micron Technology, Inc. | 4.66 | 02/15/30 | 80,000 | 78,808 | ||||||||||
| Micron Technology, Inc. | 5.33 | 02/06/29 | 80,000 | 81,144 | ||||||||||
| Micron Technology, Inc. | 5.38 | 04/15/28 | 70,000 | 71,544 | ||||||||||
| Micron Technology, Inc. | 6.75 | 11/01/29 | 145,000 | 154,959 | ||||||||||
| NXP BV/NXP Funding LLC | 5.55 | 12/01/28 | 45,000 | 46,060 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.88 | 06/18/26 | 85,000 | 84,272 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 4.30 | 06/18/29 | 120,000 | 117,365 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 4.40 | 06/01/27 | 50,000 | 49,942 | ||||||||||
| Qorvo, Inc. | 4.38 | 10/15/29 | 100,000 | 95,670 | ||||||||||
| Skyworks Solutions, Inc. | 1.80 | 06/01/26 | 45,000 | 43,541 | ||||||||||
| 4,622,908 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
123
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHIPBUILDING – 0.2% | ||||||||||||||
| Huntington Ingalls Industries, Inc. | 2.04 | 08/16/28 | $ | 60,000 | $ | 55,198 | ||||||||
| Huntington Ingalls Industries, Inc. | 3.48 | 12/01/27 | 65,000 | 63,140 | ||||||||||
| Huntington Ingalls Industries, Inc. | 5.35 | 01/15/30 | 60,000 | 61,213 | ||||||||||
| 179,551 | ||||||||||||||
| SOFTWARE – 4.5% | ||||||||||||||
| AppLovin Corp. | 5.13 | 12/01/29 | 105,000 | 105,932 | ||||||||||
| Atlassian Corp. | 5.25 | 05/15/29 | 55,000 | 55,950 | ||||||||||
| Autodesk, Inc. | 2.85 | 01/15/30 | 65,000 | 60,632 | ||||||||||
| Autodesk, Inc. | 3.50 | 06/15/27 | 50,000 | 49,264 | ||||||||||
| Broadridge Financial Solutions, Inc. | 2.90 | 12/01/29 | 90,000 | 83,544 | ||||||||||
| Broadridge Financial Solutions, Inc. | 3.40 | 06/27/26 | 60,000 | 59,206 | ||||||||||
| Concentrix Corp. | 6.60 | 08/02/28 | 85,000 | 88,961 | ||||||||||
| Concentrix Corp. | 6.65 | 08/02/26 | 85,000 | 86,650 | ||||||||||
| Fidelity National Information Services, Inc. | 1.65 | 03/01/28 | 75,000 | 69,354 | ||||||||||
| Fiserv, Inc. | 2.25 | 06/01/27 | 115,000 | 110,109 | ||||||||||
| Fiserv, Inc. | 3.20 | 07/01/26 | 205,000 | 202,266 | ||||||||||
| Fiserv, Inc. | 3.50 | 07/01/29 | 320,000 | 305,116 | ||||||||||
| Fiserv, Inc. | 4.20 | 10/01/28 | 110,000 | 109,085 | ||||||||||
| Fiserv, Inc. | 4.75 | 03/15/30 | 95,000 | 94,968 | ||||||||||
| Fiserv, Inc. | 5.15 | 03/15/27 | 90,000 | 91,042 | ||||||||||
| Fiserv, Inc. | 5.38 | 08/21/28 | 80,000 | 82,073 | ||||||||||
| Fiserv, Inc. | 5.45 | 03/02/28 | 100,000 | 102,485 | ||||||||||
| Oracle Corp. | 2.30 | 03/25/28 | 205,000 | 193,969 | ||||||||||
| Oracle Corp. | 2.65 | 07/15/26 | 330,000 | 323,089 | ||||||||||
| Oracle Corp. | 2.80 | 04/01/27 | 255,000 | 248,171 | ||||||||||
| Oracle Corp. | 2.95 | 04/01/30 | 365,000 | 337,524 | ||||||||||
| Oracle Corp. | 3.25 | 11/15/27 | 300,000 | 292,499 | ||||||||||
| Oracle Corp. | 4.20 | 09/27/29 | 150,000 | 147,863 | ||||||||||
| Oracle Corp. | 4.50 | 05/06/28 | 85,000 | 85,484 | ||||||||||
| Oracle Corp. | 4.80 | 08/03/28 | 180,000 | 182,396 | ||||||||||
| Oracle Corp. | 6.15 | 11/09/29 | 140,000 | 148,799 | ||||||||||
| Paychex, Inc. | 5.10 | 04/15/30 | 165,000 | 167,645 | ||||||||||
| Roper Technologies, Inc. | 1.40 | 09/15/27 | 80,000 | 74,617 | ||||||||||
| Roper Technologies, Inc. | 2.95 | 09/15/29 | 75,000 | 70,160 | ||||||||||
| Roper Technologies, Inc. | 3.80 | 12/15/26 | 80,000 | 79,233 | ||||||||||
| Roper Technologies, Inc. | 4.20 | 09/15/28 | 80,000 | 79,416 | ||||||||||
| Roper Technologies, Inc. | 4.50 | 10/15/29 | 60,000 | 59,759 | ||||||||||
| Synopsys, Inc. | 4.55 | 04/01/27 | 105,000 | 105,615 | ||||||||||
| Synopsys, Inc. | 4.65 | 04/01/28 | 115,000 | 116,368 | ||||||||||
| Synopsys, Inc. | 4.85 | 04/01/30 | 225,000 | 227,531 | ||||||||||
| Take-Two Interactive Software, Inc. | 3.70 | 04/14/27 | 70,000 | 69,133 | ||||||||||
| Take-Two Interactive Software, Inc. | 4.95 | 03/28/28 | 85,000 | 86,487 | ||||||||||
| VMware LLC | 1.40 | 08/15/26 | 160,000 | 153,664 | ||||||||||
| VMware LLC | 1.80 | 08/15/28 | 85,000 | 77,755 | ||||||||||
| VMware LLC | 3.90 | 08/21/27 | 130,000 | 128,062 | ||||||||||
| VMware LLC | 4.65 | 05/15/27 | 60,000 | 60,082 | ||||||||||
The accompanying notes are an integral part of these financial statements.
124
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 4.5% (Continued) | ||||||||||||||
| Workday, Inc. | 3.50 | 04/01/27 | $ | 110,000 | $ | 108,113 | ||||||||
| Workday, Inc. | 3.70 | 04/01/29 | 80,000 | 77,433 | ||||||||||
| 5,457,504 | ||||||||||||||
| TELECOMMUNICATIONS – 5.8% | ||||||||||||||
| AT&T, Inc. | 1.65 | 02/01/28 | 250,000 | 233,410 | ||||||||||
| AT&T, Inc. | 2.30 | 06/01/27 | 285,000 | 273,989 | ||||||||||
| AT&T, Inc. | 3.80 | 02/15/27 | 95,000 | 94,185 | ||||||||||
| AT&T, Inc. | 4.10 | 02/15/28 | 185,000 | 184,409 | ||||||||||
| AT&T, Inc. | 4.25 | 03/01/27 | 160,000 | 159,854 | ||||||||||
| AT&T, Inc. | 4.30 | 02/15/30 | 350,000 | 347,346 | ||||||||||
| AT&T, Inc. | 4.35 | 03/01/29 | 320,000 | 319,841 | ||||||||||
| British Telecommunications PLC | 5.13 | 12/04/28 | 75,000 | 76,818 | ||||||||||
| Juniper Networks, Inc. | 3.75 | 08/15/29 | 45,000 | 43,503 | ||||||||||
| Motorola Solutions, Inc. | 4.60 | 02/23/28 | 75,000 | 75,391 | ||||||||||
| Motorola Solutions, Inc. | 4.60 | 05/23/29 | 90,000 | 89,999 | ||||||||||
| Nokia OYJ | 4.38 | 06/12/27 | 45,000 | 44,461 | ||||||||||
| Rogers Communications, Inc. | 2.90 | 11/15/26 | 65,000 | 63,414 | ||||||||||
| Rogers Communications, Inc. | 3.20 | 03/15/27 | 135,000 | 132,069 | ||||||||||
| Rogers Communications, Inc. | 5.00 | 02/15/29 | 130,000 | 131,130 | ||||||||||
| Sprint Capital Corp. | 6.88 | 11/15/28 | 270,000 | 288,837 | ||||||||||
| Telefonica Emisiones SA | 4.10 | 03/08/27 | 140,000 | 139,257 | ||||||||||
| TELUS Corp. | 2.80 | 02/16/27 | 65,000 | 63,216 | ||||||||||
| TELUS Corp. | 3.70 | 09/15/27 | 60,000 | 59,202 | ||||||||||
| T-Mobile USA, Inc. | 2.05 | 02/15/28 | 195,000 | 183,420 | ||||||||||
| T-Mobile USA, Inc. | 2.40 | 03/15/29 | 45,000 | 41,599 | ||||||||||
| T-Mobile USA, Inc. | 2.63 | 02/15/29 | 110,000 | 102,561 | ||||||||||
| T-Mobile USA, Inc. | 3.38 | 04/15/29 | 255,000 | 243,315 | ||||||||||
| T-Mobile USA, Inc. | 3.75 | 04/15/27 | 450,000 | 445,269 | ||||||||||
| T-Mobile USA, Inc. | 3.88 | 04/15/30 | 775,000 | 748,303 | ||||||||||
| T-Mobile USA, Inc. | 4.20 | 10/01/29 | 80,000 | 79,061 | ||||||||||
| T-Mobile USA, Inc. | 4.75 | 02/01/28 | 155,000 | 155,179 | ||||||||||
| T-Mobile USA, Inc. | 4.80 | 07/15/28 | 95,000 | 96,020 | ||||||||||
| T-Mobile USA, Inc. | 4.85 | 01/15/29 | 110,000 | 111,228 | ||||||||||
| T-Mobile USA, Inc. | 4.95 | 03/15/28 | 105,000 | 106,690 | ||||||||||
| T-Mobile USA, Inc. | 5.38 | 04/15/27 | 65,000 | 65,051 | ||||||||||
| Verizon Communications, Inc. | 2.10 | 03/22/28 | 240,000 | 226,582 | ||||||||||
| Verizon Communications, Inc. | 3.00 | 03/22/27 | 65,000 | 63,494 | ||||||||||
| Verizon Communications, Inc. | 3.15 | 03/22/30 | 165,000 | 155,276 | ||||||||||
| Verizon Communications, Inc. | 3.88 | 02/08/29 | 105,000 | 103,324 | ||||||||||
| Verizon Communications, Inc. | 4.02 | 12/03/29 | 445,000 | 437,131 | ||||||||||
| Verizon Communications, Inc. | 4.13 | 03/16/27 | 315,000 | 314,873 | ||||||||||
| Verizon Communications, Inc. | 4.33 | 09/21/28 | 410,000 | 411,504 | ||||||||||
| 6,910,211 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.2% | ||||||||||||||
| Hasbro, Inc. | 3.50 | 09/15/27 | 65,000 | 63,340 | ||||||||||
| Hasbro, Inc. | 3.55 | 11/19/26 | 60,000 | 58,991 | ||||||||||
| Hasbro, Inc. | 3.90 | 11/19/29 | 105,000 | 99,906 | ||||||||||
| 222,237 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
125
BONDBLOXX
ETF TRUST
BondBloxx
BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TRANSPORTATION – 0.7% | ||||||||||||||
| Canadian Pacific Railway Co. | 1.75 | 12/02/26 | $ | 110,000 | $ | 105,800 | ||||||||
| Canadian Pacific Railway Co. | 2.05 | 03/05/30 | 55,000 | 49,149 | ||||||||||
| Canadian Pacific Railway Co. | 4.00 | 06/01/28 | 60,000 | 59,594 | ||||||||||
| Canadian Pacific Railway Co. | 4.80 | 03/30/30 | 65,000 | 65,786 | ||||||||||
| CH Robinson Worldwide, Inc. | 4.20 | 04/15/28 | 70,000 | 69,449 | ||||||||||
| FedEx Corp.(1) | 3.10 | 08/05/29 | 65,000 | 60,891 | ||||||||||
| JB Hunt Transport Services, Inc. | 4.90 | 03/15/30 | 75,000 | 75,734 | ||||||||||
| Kirby Corp. | 4.20 | 03/01/28 | 55,000 | 54,217 | ||||||||||
| Norfolk Southern Corp. | 2.90 | 06/15/26 | 70,000 | 68,936 | ||||||||||
| Norfolk Southern Corp. | 3.80 | 08/01/28 | 75,000 | 74,077 | ||||||||||
| Ryder System, Inc. | 5.25 | 06/01/28 | 80,000 | 81,788 | ||||||||||
| Ryder System, Inc. | 5.38 | 03/15/29 | 60,000 | 61,524 | ||||||||||
| Ryder System, Inc. | 5.65 | 03/01/28 | 50,000 | 51,517 | ||||||||||
| 878,462 | ||||||||||||||
| TRUCKING & LEASING – 0.0% | ||||||||||||||
| GATX Corp. | 4.70 | 04/01/29 | 45,000 | 45,025 | ||||||||||
| WATER – 0.2% | ||||||||||||||
| American Water Capital Corp. | 2.95 | 09/01/27 | 70,000 | 68,051 | ||||||||||
| American Water Capital Corp. | 3.45 | 06/01/29 | 70,000 | 67,535 | ||||||||||
| American Water Capital Corp. | 3.75 | 09/01/28 | 65,000 | 63,958 | ||||||||||
| Essential Utilities, Inc. | 2.70 | 04/15/30 | 50,000 | 45,563 | ||||||||||
| Essential Utilities, Inc. | 4.80 | 08/15/27 | 45,000 | 45,341 | ||||||||||
| 290,448 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $117,360,538) | 118,208,576 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 346,432 | 346,432 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $346,432) | 346,432 | |||||||||||||
| TOTAL INVESTMENTS – 98.8% (Cost - $117,706,970) | $ | 118,555,008 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.2% | 1,491,948 | |||||||||||||
| NET ASSETS – 100.0% | $ | 120,046,956 | ||||||||||||
| (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, 2025, amounts to $1,890,693 and represents 1.6% 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, 2025. |
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
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.4% | ||||||||||||||
| ADVERTISING – 0.3% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 2.40 | 03/01/31 | $ | 10,000 | $ | 8,758 | ||||||||
| Omnicom Group, Inc. | 2.60 | 08/01/31 | 5,000 | 4,382 | ||||||||||
| Omnicom Group, Inc. | 4.20 | 06/01/30 | 5,000 | 4,889 | ||||||||||
| Omnicom Group, Inc. | 5.30 | 11/01/34 | 10,000 | 9,969 | ||||||||||
| 27,998 | ||||||||||||||
| AEROSPACE/DEFENSE – 2.6% | ||||||||||||||
| Boeing Co. | 3.25 | 02/01/35 | 10,000 | 8,236 | ||||||||||
| Boeing Co. | 3.60 | 05/01/34 | 10,000 | 8,612 | ||||||||||
| Boeing Co. | 3.63 | 02/01/31 | 10,000 | 9,348 | ||||||||||
| Boeing Co. | 5.15 | 05/01/30 | 50,000 | 50,488 | ||||||||||
| Boeing Co. | 6.39 | 05/01/31 | 5,000 | 5,339 | ||||||||||
| Boeing Co. | 6.53 | 05/01/34 | 30,000 | 32,301 | ||||||||||
| Embraer Netherlands Finance BV | 5.98 | 02/11/35 | 5,000 | 5,087 | ||||||||||
| HEICO Corp. | 5.35 | 08/01/33 | 5,000 | 5,061 | ||||||||||
| Howmet Aerospace, Inc. | 4.85 | 10/15/31 | 10,000 | 10,078 | ||||||||||
| L3Harris Technologies, Inc. | 1.80 | 01/15/31 | 5,000 | 4,258 | ||||||||||
| L3Harris Technologies, Inc. | 5.25 | 06/01/31 | 10,000 | 10,231 | ||||||||||
| L3Harris Technologies, Inc. | 5.35 | 06/01/34 | 15,000 | 15,155 | ||||||||||
| L3Harris Technologies, Inc. | 5.40 | 07/31/33 | 10,000 | 10,155 | ||||||||||
| Northrop Grumman Corp. | 4.40 | 05/01/30 | 10,000 | 9,958 | ||||||||||
| Northrop Grumman Corp. | 4.70 | 03/15/33 | 5,000 | 4,948 | ||||||||||
| Northrop Grumman Corp. | 4.90 | 06/01/34 | 10,000 | 9,927 | ||||||||||
| RTX Corp. | 1.90 | 09/01/31 | 10,000 | 8,458 | ||||||||||
| RTX Corp. | 2.25 | 07/01/30 | 10,000 | 8,963 | ||||||||||
| RTX Corp. | 2.38 | 03/15/32 | 10,000 | 8,586 | ||||||||||
| RTX Corp. | 5.15 | 02/27/33 | 10,000 | 10,113 | ||||||||||
| RTX Corp. | 6.00 | 03/15/31 | 10,000 | 10,690 | ||||||||||
| RTX Corp. | 6.10 | 03/15/34 | 20,000 | 21,517 | ||||||||||
| 267,509 | ||||||||||||||
| AGRICULTURE – 1.5% | ||||||||||||||
| Altria Group, Inc. | 2.45 | 02/04/32 | 10,000 | 8,481 | ||||||||||
| Altria Group, Inc. | 3.40 | 05/06/30 | 15,000 | 14,113 | ||||||||||
| Altria Group, Inc. | 5.63 | 02/06/35 | 5,000 | 5,058 | ||||||||||
| Altria Group, Inc. | 6.88 | 11/01/33 | 5,000 | 5,507 | ||||||||||
| BAT Capital Corp. | 2.73 | 03/25/31 | 10,000 | 8,893 | ||||||||||
| BAT Capital Corp. | 4.74 | 03/16/32 | 10,000 | 9,761 | ||||||||||
| BAT Capital Corp. | 5.35 | 08/15/32 | 10,000 | 10,068 | ||||||||||
| BAT Capital Corp. | 5.83 | 02/20/31 | 10,000 | 10,418 | ||||||||||
| BAT Capital Corp. | 6.00 | 02/20/34 | 5,000 | 5,231 | ||||||||||
| BAT Capital Corp. | 6.34 | 08/02/30 | 10,000 | 10,692 | ||||||||||
| BAT Capital Corp. | 6.42 | 08/02/33 | 20,000 | 21,411 | ||||||||||
| BAT Capital Corp. | 7.75 | 10/19/32 | 10,000 | 11,451 | ||||||||||
| Bunge Ltd. Finance Corp. | 2.75 | 05/14/31 | 10,000 | 8,955 | ||||||||||
| Bunge Ltd. Finance Corp. | 4.65 | 09/17/34 | 10,000 | 9,697 | ||||||||||
| JBS USA LUX Sarl/JBS USA Food Co/JBS USA Foods Group(1) | 5.95 | 04/20/35 | 10,000 | 10,324 | ||||||||||
| 150,060 | ||||||||||||||
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, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| APPAREL – 0.1% | ||||||||||||||
| Tapestry, Inc. | 3.05 | 03/15/32 | $ | 5,000 | $ | 4,325 | ||||||||
| Tapestry, Inc. | 5.50 | 03/11/35 | 10,000 | 9,750 | ||||||||||
| 14,075 | ||||||||||||||
| AUTO MANUFACTURERS – 3.1% | ||||||||||||||
| Ford Motor Co. | 3.25 | 02/12/32 | 20,000 | 16,356 | ||||||||||
| Ford Motor Co. | 6.10 | 08/19/32 | 20,000 | 19,196 | ||||||||||
| Ford Motor Co. | 7.45 | 07/16/31 | 15,000 | 15,839 | ||||||||||
| Ford Motor Credit Co. LLC | 3.63 | 06/17/31 | 10,000 | 8,566 | ||||||||||
| Ford Motor Credit Co. LLC | 4.00 | 11/13/30 | 15,000 | 13,359 | ||||||||||
| Ford Motor Credit Co. LLC | 6.05 | 03/05/31 | 10,000 | 9,772 | ||||||||||
| Ford Motor Credit Co. LLC | 6.05 | 11/05/31 | 10,000 | 9,696 | ||||||||||
| Ford Motor Credit Co. LLC | 6.13 | 03/08/34 | 25,000 | 23,647 | ||||||||||
| Ford Motor Credit Co. LLC | 6.50 | 02/07/35 | 10,000 | 9,681 | ||||||||||
| Ford Motor Credit Co. LLC | 6.53 | 03/19/32 | 10,000 | 9,905 | ||||||||||
| Ford Motor Credit Co. LLC | 7.12 | 11/07/33 | 10,000 | 10,077 | ||||||||||
| Ford Motor Credit Co. LLC | 7.20 | 06/10/30 | 15,000 | 15,467 | ||||||||||
| General Motors Co. | 5.00 | 04/01/35 | 5,000 | 4,581 | ||||||||||
| General Motors Co. | 5.60 | 10/15/32 | 20,000 | 19,842 | ||||||||||
| General Motors Financial Co., Inc. | 2.35 | 01/08/31 | 10,000 | 8,499 | ||||||||||
| General Motors Financial Co., Inc. | 2.70 | 06/10/31 | 10,000 | 8,578 | ||||||||||
| General Motors Financial Co., Inc. | 3.10 | 01/12/32 | 15,000 | 12,869 | ||||||||||
| General Motors Financial Co., Inc. | 3.60 | 06/21/30 | 10,000 | 9,206 | ||||||||||
| General Motors Financial Co., Inc. | 5.45 | 09/06/34 | 5,000 | 4,802 | ||||||||||
| General Motors Financial Co., Inc. | 5.60 | 06/18/31 | 15,000 | 15,057 | ||||||||||
| General Motors Financial Co., Inc. | 5.75 | 02/08/31 | 25,000 | 25,244 | ||||||||||
| General Motors Financial Co., Inc. | 5.90 | 01/07/35 | 5,000 | 4,964 | ||||||||||
| General Motors Financial Co., Inc. | 5.95 | 04/04/34 | 10,000 | 9,964 | ||||||||||
| General Motors Financial Co., Inc. | 6.10 | 01/07/34 | 20,000 | 20,137 | ||||||||||
| General Motors Financial Co., Inc. | 6.40 | 01/09/33 | 10,000 | 10,324 | ||||||||||
| 315,628 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.2% | ||||||||||||||
| Aptiv Swiss Holdings Ltd. | 3.25 | 03/01/32 | 5,000 | 4,346 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 5.15 | 09/13/34 | 10,000 | 9,358 | ||||||||||
| BorgWarner, Inc. | 5.40 | 08/15/34 | 5,000 | 4,952 | ||||||||||
| 18,656 | ||||||||||||||
| BANKS – 9.1% | ||||||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 6.03 | 03/13/35 | 10,000 | 10,236 | ||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 7.88 | 11/15/34 | 10,000 | 11,207 | ||||||||||
| Banco Santander SA | 2.75 | 12/03/30 | 15,000 | 13,148 | ||||||||||
| Banco Santander SA | 3.23 | 11/22/32 | 15,000 | 13,016 | ||||||||||
| Banco Santander SA | 6.35 | 03/14/34 | 15,000 | 15,318 | ||||||||||
| Banco Santander SA | 6.92 | 08/08/33 | 15,000 | 15,998 | ||||||||||
| Bank of Montreal | 3.09 | 01/10/37 | 15,000 | 12,705 | ||||||||||
| Bank of Nova Scotia | 4.59 | 05/04/37 | 15,000 | 13,857 | ||||||||||
| Barclays PLC | 2.65 | 06/24/31 | 10,000 | 8,955 | ||||||||||
| Barclays PLC | 2.67 | 03/10/32 | 10,000 | 8,785 | ||||||||||
| Barclays PLC | 2.89 | 11/24/32 | 20,000 | 17,402 | ||||||||||
The accompanying notes are an integral part of these financial statements.
128
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 9.1% (Continued) | ||||||||||||||
| Barclays PLC | 3.56 | 09/23/35 | $ | 15,000 | $ | 13,679 | ||||||||
| Barclays PLC | 5.34 | 09/10/35 | 20,000 | 19,424 | ||||||||||
| Barclays PLC | 5.75 | 08/09/33 | 10,000 | 10,195 | ||||||||||
| Barclays PLC | 5.79 | 02/25/36 | 20,000 | 20,019 | ||||||||||
| Barclays PLC | 6.22 | 05/09/34 | 25,000 | 26,077 | ||||||||||
| Barclays PLC | 6.69 | 09/13/34 | 15,000 | 16,038 | ||||||||||
| Barclays PLC | 7.12 | 06/27/34 | 15,000 | 16,097 | ||||||||||
| Barclays PLC | 7.44 | 11/02/33 | 20,000 | 22,351 | ||||||||||
| Citigroup, Inc. | 5.41 | 09/19/39 | 15,000 | 14,292 | ||||||||||
| Citigroup, Inc. | 5.83 | 02/13/35 | 25,000 | 24,807 | ||||||||||
| Citigroup, Inc. | 6.00 | 10/31/33 | 10,000 | 10,367 | ||||||||||
| Citigroup, Inc. | 6.02 | 01/24/36 | 30,000 | 30,083 | ||||||||||
| Citigroup, Inc. | 6.17 | 05/25/34 | 35,000 | 35,795 | ||||||||||
| Citigroup, Inc. | 6.63 | 06/15/32 | 10,000 | 10,789 | ||||||||||
| Citizens Financial Group, Inc. | 2.64 | 09/30/32 | 5,000 | 4,061 | ||||||||||
| Citizens Financial Group, Inc. | 5.72 | 07/23/32 | 15,000 | 15,252 | ||||||||||
| Citizens Financial Group, Inc. | 6.65 | 04/25/35 | 10,000 | 10,578 | ||||||||||
| Comerica Bank | 5.33 | 08/25/33 | 5,000 | 4,737 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.04 | 05/28/32 | 15,000 | 13,251 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.55 | 09/18/31 | 15,000 | 13,877 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.73 | 01/14/32 | 15,000 | 13,495 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.74 | 01/07/33 | 10,000 | 8,830 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.40 | 09/11/35 | 20,000 | 19,525 | ||||||||||
| Deutsche Bank AG/New York, NY | 7.08 | 02/10/34 | 15,000 | 15,667 | ||||||||||
| Fifth Third Bancorp | 4.34 | 04/25/33 | 5,000 | 4,690 | ||||||||||
| Fifth Third Bancorp | 5.63 | 01/29/32 | 10,000 | 10,243 | ||||||||||
| First Citizens BancShares, Inc./NC | 6.25 | 03/12/40 | 10,000 | 9,574 | ||||||||||
| Goldman Sachs Capital I | 6.35 | 02/15/34 | 10,000 | 10,236 | ||||||||||
| HSBC Holdings PLC | 4.76 | 03/29/33 | 20,000 | 19,171 | ||||||||||
| HSBC Holdings PLC | 5.87 | 11/18/35 | 20,000 | 19,737 | ||||||||||
| HSBC Holdings PLC | 6.55 | 06/20/34 | 20,000 | 20,878 | ||||||||||
| HSBC Holdings PLC | 7.40 | 11/13/34 | 20,000 | 22,017 | ||||||||||
| HSBC Holdings PLC | 8.11 | 11/03/33 | 25,000 | 28,486 | ||||||||||
| Huntington Bancshares, Inc./OH | 5.71 | 02/02/35 | 10,000 | 10,022 | ||||||||||
| Huntington Bancshares, Inc./OH | 6.14 | 11/18/39 | 10,000 | 9,891 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 4.90 | 08/08/32 | 10,000 | 9,334 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 5.00 | 01/26/33 | 15,000 | 14,482 | ||||||||||
| KeyCorp | 6.40 | 03/06/35 | 15,000 | 15,723 | ||||||||||
| Lloyds Banking Group PLC | 7.95 | 11/15/33 | 10,000 | 11,381 | ||||||||||
| M&T Bank Corp. | 5.05 | 01/27/34 | 5,000 | 4,816 | ||||||||||
| M&T Bank Corp. | 5.39 | 01/16/36 | 10,000 | 9,739 | ||||||||||
| M&T Bank Corp. | 6.08 | 03/13/32 | 15,000 | 15,611 | ||||||||||
| Mizuho Financial Group, Inc. | 2.56 | 09/13/31 | 10,000 | 8,594 | ||||||||||
| Morgan Stanley | 2.48 | 09/16/36 | 30,000 | 24,999 | ||||||||||
| Morgan Stanley | 5.30 | 04/20/37 | 20,000 | 19,523 | ||||||||||
| Morgan Stanley | 5.94 | 02/07/39 | 15,000 | 15,101 | ||||||||||
| Morgan Stanley | 5.95 | 01/19/38 | 25,000 | 25,187 | ||||||||||
| NatWest Group PLC | 3.03 | 11/28/35 | 10,000 | 8,851 | ||||||||||
The accompanying notes are an integral part of these financial statements.
129
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 9.1% (Continued) | ||||||||||||||
| Regions Financial Corp. | 5.50 | 09/06/35 | $ | 10,000 | $ | 9,793 | ||||||||
| Santander Holdings USA, Inc. | 6.34 | 05/31/35 | 5,000 | 5,108 | ||||||||||
| Santander Holdings USA, Inc. | 7.66 | 11/09/31 | 5,000 | 5,506 | ||||||||||
| Santander UK Group Holdings PLC | 2.90 | 03/15/32 | 10,000 | 8,833 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 2.14 | 09/23/30 | 5,000 | 4,353 | ||||||||||
| Truist Financial Corp. | 4.92 | 07/28/33 | 10,000 | 9,567 | ||||||||||
| Zions Bancorp, N.A. | 6.82 | 11/19/35 | 5,000 | 4,945 | ||||||||||
| 926,304 | ||||||||||||||
| BEVERAGES – 0.7% | ||||||||||||||
| Coca-Cola Consolidated, Inc. | 5.45 | 06/01/34 | 5,000 | 5,150 | ||||||||||
| Constellation Brands, Inc. | 2.25 | 08/01/31 | 10,000 | 8,550 | ||||||||||
| Constellation Brands, Inc. | 2.88 | 05/01/30 | 10,000 | 9,169 | ||||||||||
| Constellation Brands, Inc. | 4.75 | 05/09/32 | 5,000 | 4,898 | ||||||||||
| Constellation Brands, Inc. | 4.90 | 05/01/33 | 5,000 | 4,884 | ||||||||||
| Keurig Dr Pepper, Inc. | 2.25 | 03/15/31 | 10,000 | 8,718 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.20 | 05/01/30 | 10,000 | 9,375 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.05 | 04/15/32 | 10,000 | 9,547 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.20 | 03/15/31 | 5,000 | 5,122 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.30 | 03/15/34 | 5,000 | 5,085 | ||||||||||
| 70,498 | ||||||||||||||
| BIOTECHNOLOGY – 1.4% | ||||||||||||||
| Amgen, Inc. | 2.00 | 01/15/32 | 10,000 | 8,394 | ||||||||||
| Amgen, Inc. | 2.30 | 02/25/31 | 20,000 | 17,603 | ||||||||||
| Amgen, Inc. | 3.35 | 02/22/32 | 15,000 | 13,717 | ||||||||||
| Amgen, Inc. | 4.20 | 03/01/33 | 5,000 | 4,742 | ||||||||||
| Amgen, Inc. | 5.25 | 03/02/33 | 40,000 | 40,434 | ||||||||||
| Biogen, Inc. | 2.25 | 05/01/30 | 20,000 | 17,793 | ||||||||||
| Bio-Rad Laboratories, Inc. | 3.70 | 03/15/32 | 10,000 | 9,045 | ||||||||||
| Illumina, Inc. | 2.55 | 03/23/31 | 5,000 | 4,304 | ||||||||||
| Regeneron Pharmaceuticals, Inc. | 1.75 | 09/15/30 | 15,000 | 12,818 | ||||||||||
| Royalty Pharma PLC | 2.15 | 09/02/31 | 10,000 | 8,421 | ||||||||||
| Royalty Pharma PLC | 2.20 | 09/02/30 | 10,000 | 8,685 | ||||||||||
| 145,956 | ||||||||||||||
| BUILDING MATERIALS – 1.4% | ||||||||||||||
| Carrier Global Corp. | 2.70 | 02/15/31 | 10,000 | 8,999 | ||||||||||
| Carrier Global Corp. | 5.90 | 03/15/34 | 10,000 | 10,532 | ||||||||||
| CRH America Finance, Inc. | 5.40 | 05/21/34 | 10,000 | 10,129 | ||||||||||
| CRH America Finance, Inc. | 5.50 | 01/09/35 | 15,000 | 15,243 | ||||||||||
| Eagle Materials, Inc. | 2.50 | 07/01/31 | 10,000 | 8,735 | ||||||||||
| Fortune Brands Innovations, Inc. | 5.88 | 06/01/33 | 5,000 | 5,145 | ||||||||||
| Holcim Finance US LLC(1) | 5.40 | 04/07/35 | 10,000 | 10,004 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 1.75 | 09/15/30 | 10,000 | 8,645 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 2.00 | 09/16/31 | 5,000 | 4,235 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 4.90 | 12/01/32 | 5,000 | 4,943 | ||||||||||
| Martin Marietta Materials, Inc. | 2.40 | 07/15/31 | 5,000 | 4,338 | ||||||||||
| Martin Marietta Materials, Inc. | 5.15 | 12/01/34 | 10,000 | 9,942 | ||||||||||
| Masco Corp. | 2.00 | 02/15/31 | 5,000 | 4,242 | ||||||||||
The accompanying notes are an integral part of these financial statements.
130
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BUILDING MATERIALS – 1.4% (Continued) | ||||||||||||||
| Mohawk Industries, Inc. | 3.63 | 05/15/30 | $ | 5,000 | $ | 4,725 | ||||||||
| Owens Corning | 5.70 | 06/15/34 | 10,000 | 10,263 | ||||||||||
| Trane Technologies Financing Ltd. | 5.10 | 06/13/34 | 5,000 | 5,019 | ||||||||||
| Trane Technologies Financing Ltd. | 5.25 | 03/03/33 | 5,000 | 5,102 | ||||||||||
| Vulcan Materials Co. | 3.50 | 06/01/30 | 5,000 | 4,739 | ||||||||||
| Vulcan Materials Co. | 5.35 | 12/01/34 | 10,000 | 10,086 | ||||||||||
| 145,066 | ||||||||||||||
| CHEMICALS – 1.1% | ||||||||||||||
| Albemarle Corp. | 5.05 | 06/01/32 | 5,000 | 4,607 | ||||||||||
| CF Industries, Inc. | 5.15 | 03/15/34 | 10,000 | 9,682 | ||||||||||
| Dow Chemical Co. | 5.15 | 02/15/34 | 5,000 | 4,910 | ||||||||||
| Dow Chemical Co. | 6.30 | 03/15/33 | 15,000 | 15,958 | ||||||||||
| Eastman Chemical Co. | 5.63 | 02/20/34 | 5,000 | 4,987 | ||||||||||
| Eastman Chemical Co. | 5.75 | 03/08/33 | 10,000 | 10,242 | ||||||||||
| FMC Corp. | 5.65 | 05/18/33 | 5,000 | 4,831 | ||||||||||
| LYB International Finance III LLC | 2.25 | 10/01/30 | 5,000 | 4,368 | ||||||||||
| LYB International Finance III LLC | 5.50 | 03/01/34 | 10,000 | 9,734 | ||||||||||
| LYB International Finance III LLC | 5.63 | 05/15/33 | 5,000 | 5,023 | ||||||||||
| Mosaic Co. | 5.45 | 11/15/33 | 10,000 | 10,001 | ||||||||||
| Nutrien Ltd. | 2.95 | 05/13/30 | 5,000 | 4,617 | ||||||||||
| Nutrien Ltd. | 5.25 | 03/12/32 | 10,000 | 10,080 | ||||||||||
| Nutrien Ltd. | 5.40 | 06/21/34 | 5,000 | 5,025 | ||||||||||
| Sherwin-Williams Co. | 2.20 | 03/15/32 | 5,000 | 4,221 | ||||||||||
| 108,286 | ||||||||||||||
| COMMERCIAL SERVICES – 1.2% | ||||||||||||||
| Block Financial LLC | 3.88 | 08/15/30 | 5,000 | 4,719 | ||||||||||
| Equifax, Inc. | 2.35 | 09/15/31 | 10,000 | 8,634 | ||||||||||
| Equifax, Inc. | 3.10 | 05/15/30 | 10,000 | 9,238 | ||||||||||
| Global Payments, Inc. | 2.90 | 05/15/30 | 10,000 | 9,011 | ||||||||||
| Global Payments, Inc. | 2.90 | 11/15/31 | 10,000 | 8,677 | ||||||||||
| Global Payments, Inc. | 5.40 | 08/15/32 | 10,000 | 9,970 | ||||||||||
| GXO Logistics, Inc. | 6.50 | 05/06/34 | 5,000 | 4,994 | ||||||||||
| Moody’s Corp. | 2.00 | 08/19/31 | 10,000 | 8,567 | ||||||||||
| Moody’s Corp. | 4.25 | 08/08/32 | 5,000 | 4,833 | ||||||||||
| Quanta Services, Inc. | 2.90 | 10/01/30 | 10,000 | 9,063 | ||||||||||
| Quanta Services, Inc. | 5.25 | 08/09/34 | 10,000 | 9,863 | ||||||||||
| Rollins, Inc.(1) | 5.25 | 02/24/35 | 5,000 | 4,996 | ||||||||||
| Triton Container International Ltd./TAL International Container Corp. | 3.25 | 03/15/32 | 10,000 | 8,352 | ||||||||||
| Verisk Analytics, Inc. | 5.25 | 06/05/34 | 10,000 | 10,077 | ||||||||||
| Verisk Analytics, Inc. | 5.75 | 04/01/33 | 10,000 | 10,384 | ||||||||||
| 121,378 | ||||||||||||||
| COMPUTERS – 2.2% | ||||||||||||||
| Amdocs Ltd. | 2.54 | 06/15/30 | 10,000 | 8,890 | ||||||||||
| Booz Allen Hamilton, Inc. | 5.95 | 08/04/33 | 5,000 | 5,044 | ||||||||||
| Booz Allen Hamilton, Inc. | 5.95 | 04/15/35 | 5,000 | 4,979 | ||||||||||
| Dell International LLC/EMC Corp. | 4.85 | 02/01/35 | 10,000 | 9,431 | ||||||||||
| Dell International LLC/EMC Corp. | 5.30 | 04/01/32 | 10,000 | 10,034 | ||||||||||
The accompanying notes are an integral part of these financial statements.
131
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMPUTERS – 2.2% (Continued) | ||||||||||||||
| Dell International LLC/EMC Corp. | 5.40 | 04/15/34 | $ | 10,000 | $ | 9,995 | ||||||||
| Dell International LLC/EMC Corp. | 5.75 | 02/01/33 | 15,000 | 15,544 | ||||||||||
| Dell International LLC/EMC Corp. | 6.20 | 07/15/30 | 15,000 | 15,897 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.85 | 10/15/31 | 10,000 | 9,891 | ||||||||||
| Hewlett Packard Enterprise Co. | 5.00 | 10/15/34 | 25,000 | 24,153 | ||||||||||
| HP, Inc. | 2.65 | 06/17/31 | 20,000 | 17,331 | ||||||||||
| HP, Inc. | 4.20 | 04/15/32 | 10,000 | 9,357 | ||||||||||
| HP, Inc. | 5.50 | 01/15/33 | 10,000 | 9,956 | ||||||||||
| HP, Inc. | 6.10 | 04/25/35 | 5,000 | 5,058 | ||||||||||
| Kyndryl Holdings, Inc. | 3.15 | 10/15/31 | 10,000 | 8,787 | ||||||||||
| Leidos, Inc. | 2.30 | 02/15/31 | 10,000 | 8,644 | ||||||||||
| Leidos, Inc. | 4.38 | 05/15/30 | 10,000 | 9,727 | ||||||||||
| Leidos, Inc. | 5.50 | 03/15/35 | 5,000 | 4,981 | ||||||||||
| Leidos, Inc. | 5.75 | 03/15/33 | 10,000 | 10,253 | ||||||||||
| NetApp, Inc. | 2.70 | 06/22/30 | 5,000 | 4,499 | ||||||||||
| NetApp, Inc. | 5.50 | 03/17/32 | 10,000 | 10,123 | ||||||||||
| NetApp, Inc. | 5.70 | 03/17/35 | 10,000 | 10,059 | ||||||||||
| Western Digital Corp. | 3.10 | 02/01/32 | 5,000 | 4,269 | ||||||||||
| 226,902 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.2% | ||||||||||||||
| Haleon US Capital LLC | 3.63 | 03/24/32 | 25,000 | 23,214 | ||||||||||
| DISTRIBUTION/WHOLESALE – 0.1% | ||||||||||||||
| LKQ Corp. | 6.25 | 06/15/33 | 5,000 | 5,162 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.7% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.30 | 01/30/32 | 45,000 | 39,782 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.40 | 10/29/33 | 15,000 | 12,907 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.95 | 09/10/34 | 10,000 | 9,574 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.30 | 01/19/34 | 10,000 | 9,859 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.38 | 12/15/31 | 5,000 | 5,010 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.15 | 09/30/30 | 5,000 | 5,281 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.50 | 01/31/56 | 10,000 | 9,713 | ||||||||||
| Air Lease Corp. | 2.88 | 01/15/32 | 5,000 | 4,346 | ||||||||||
| Air Lease Corp. | 3.13 | 12/01/30 | 10,000 | 9,092 | ||||||||||
| Air Lease Corp. | 5.20 | 07/15/31 | 5,000 | 5,034 | ||||||||||
| Ally Financial, Inc. | 6.18 | 07/26/35 | 10,000 | 9,859 | ||||||||||
| Ally Financial, Inc. | 8.00 | 11/01/31 | 10,000 | 11,024 | ||||||||||
| Ally Financial, Inc. | 8.00 | 11/01/31 | 15,000 | 16,629 | ||||||||||
| American Express Co. | 4.99 | 05/26/33 | 10,000 | 9,776 | ||||||||||
| American Express Co. | 5.92 | 04/25/35 | 10,000 | 10,266 | ||||||||||
| Apollo Global Management, Inc. | 6.00 | 12/15/54 | 5,000 | 4,707 | ||||||||||
| Blue Owl Finance LLC | 3.13 | 06/10/31 | 10,000 | 8,736 | ||||||||||
| Blue Owl Finance LLC | 6.25 | 04/18/34 | 10,000 | 10,107 | ||||||||||
| Capital One Financial Corp. | 2.36 | 07/29/32 | 10,000 | 8,237 | ||||||||||
| Capital One Financial Corp. | 2.62 | 11/02/32 | 5,000 | 4,268 | ||||||||||
| Capital One Financial Corp. | 5.27 | 05/10/33 | 10,000 | 9,837 | ||||||||||
| Capital One Financial Corp. | 5.82 | 02/01/34 | 15,000 | 15,146 | ||||||||||
| Capital One Financial Corp. | 5.88 | 07/26/35 | 10,000 | 10,130 | ||||||||||
The accompanying notes are an integral part of these financial statements.
132
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.7% (Continued) | ||||||||||||||
| Capital One Financial Corp. | 6.05 | 02/01/35 | $ | 5,000 | $ | 5,112 | ||||||||
| Capital One Financial Corp. | 6.18 | 01/30/36 | 20,000 | 19,718 | ||||||||||
| Capital One Financial Corp. | 6.38 | 06/08/34 | 20,000 | 20,893 | ||||||||||
| Capital One Financial Corp. | 7.62 | 10/30/31 | 25,000 | 27,869 | ||||||||||
| CI Financial Corp. | 3.20 | 12/17/30 | 10,000 | 8,731 | ||||||||||
| Discover Financial Services | 6.70 | 11/29/32 | 10,000 | 10,729 | ||||||||||
| Discover Financial Services | 7.96 | 11/02/34 | 10,000 | 11,476 | ||||||||||
| Jefferies Financial Group, Inc. | 2.63 | 10/15/31 | 10,000 | 8,438 | ||||||||||
| Jefferies Financial Group, Inc. | 2.75 | 10/15/32 | 10,000 | 8,194 | ||||||||||
| Jefferies Financial Group, Inc. | 6.20 | 04/14/34 | 15,000 | 15,211 | ||||||||||
| LPL Holdings, Inc. | 5.65 | 03/15/35 | 5,000 | 4,945 | ||||||||||
| LPL Holdings, Inc. | 6.00 | 05/20/34 | 10,000 | 10,187 | ||||||||||
| Nasdaq, Inc. | 1.65 | 01/15/31 | 10,000 | 8,554 | ||||||||||
| Nasdaq, Inc. | 5.55 | 02/15/34 | 10,000 | 10,271 | ||||||||||
| Nomura Holdings, Inc. | 2.61 | 07/14/31 | 10,000 | 8,683 | ||||||||||
| Nomura Holdings, Inc. | 2.68 | 07/16/30 | 10,000 | 8,947 | ||||||||||
| Nomura Holdings, Inc. | 3.00 | 01/22/32 | 5,000 | 4,342 | ||||||||||
| Nomura Holdings, Inc. | 5.78 | 07/03/34 | 10,000 | 10,180 | ||||||||||
| Nomura Holdings, Inc. | 6.09 | 07/12/33 | 10,000 | 10,480 | ||||||||||
| Nomura Holdings, Inc. | 6.18 | 01/18/33 | 10,000 | 10,484 | ||||||||||
| Synchrony Financial | 2.88 | 10/28/31 | 10,000 | 8,469 | ||||||||||
| TPG Operating Group II LP | 5.88 | 03/05/34 | 5,000 | 5,048 | ||||||||||
| 476,281 | ||||||||||||||
| ELECTRIC – 7.5% | ||||||||||||||
| AEP Texas, Inc. | 2.10 | 07/01/30 | 10,000 | 8,775 | ||||||||||
| AES Corp. | 2.45 | 01/15/31 | 10,000 | 8,569 | ||||||||||
| AES Corp. | 5.80 | 03/15/32 | 10,000 | 9,979 | ||||||||||
| Ameren Corp. | 3.50 | 01/15/31 | 10,000 | 9,370 | ||||||||||
| Ameren Corp. | 5.38 | 03/15/35 | 10,000 | 9,997 | ||||||||||
| American Electric Power Co., Inc. | 5.63 | 03/01/33 | 10,000 | 10,257 | ||||||||||
| American Electric Power Co., Inc. | 5.95 | 11/01/32 | 5,000 | 5,228 | ||||||||||
| American Electric Power Co., Inc. | 6.95 | 12/15/54 | 10,000 | 10,115 | ||||||||||
| Appalachian Power Co. | 4.50 | 08/01/32 | 10,000 | 9,593 | ||||||||||
| Arizona Public Service Co. | 5.55 | 08/01/33 | 5,000 | 5,057 | ||||||||||
| CenterPoint Energy, Inc. | 2.65 | 06/01/31 | 5,000 | 4,415 | ||||||||||
| CenterPoint Energy, Inc. | 6.70 | 05/15/55 | 5,000 | 4,941 | ||||||||||
| Constellation Energy Generation LLC | 5.80 | 03/01/33 | 10,000 | 10,361 | ||||||||||
| Constellation Energy Generation LLC | 6.13 | 01/15/34 | 5,000 | 5,259 | ||||||||||
| Dominion Energy, Inc. | 2.25 | 08/15/31 | 5,000 | 4,292 | ||||||||||
| Dominion Energy, Inc. | 5.00 | 06/15/30 | 10,000 | 10,111 | ||||||||||
| Dominion Energy, Inc. | 5.25 | 08/01/33 | 5,000 | 4,967 | ||||||||||
| Dominion Energy, Inc. | 5.38 | 11/15/32 | 15,000 | 15,190 | ||||||||||
| Dominion Energy, Inc. | 5.45 | 03/15/35 | 5,000 | 4,984 | ||||||||||
| Dominion Energy, Inc. | 7.00 | 06/01/54 | 10,000 | 10,435 | ||||||||||
| DTE Energy Co. | 5.85 | 06/01/34 | 10,000 | 10,321 | ||||||||||
| Duke Energy Corp. | 2.45 | 06/01/30 | 5,000 | 4,495 | ||||||||||
| Duke Energy Corp. | 2.55 | 06/15/31 | 10,000 | 8,787 | ||||||||||
| Duke Energy Corp. | 4.50 | 08/15/32 | 10,000 | 9,673 | ||||||||||
The accompanying notes are an integral part of these financial statements.
133
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 7.5% (Continued) | ||||||||||||||
| Duke Energy Corp. | 5.45 | 06/15/34 | $ | 5,000 | $ | 5,085 | ||||||||
| Duke Energy Corp. | 6.45 | 09/01/54 | 15,000 | 15,061 | ||||||||||
| Edison International | 5.25 | 03/15/32 | 5,000 | 4,788 | ||||||||||
| Entergy Corp. | 2.40 | 06/15/31 | 10,000 | 8,671 | ||||||||||
| Entergy Corp. | 2.80 | 06/15/30 | 5,000 | 4,550 | ||||||||||
| Evergy, Inc. | 6.65 | 06/01/55 | 5,000 | 4,868 | ||||||||||
| Eversource Energy | 1.65 | 08/15/30 | 10,000 | 8,550 | ||||||||||
| Eversource Energy | 3.38 | 03/01/32 | 10,000 | 8,964 | ||||||||||
| Eversource Energy | 5.13 | 05/15/33 | 10,000 | 9,870 | ||||||||||
| Eversource Energy | 5.85 | 04/15/31 | 10,000 | 10,468 | ||||||||||
| Eversource Energy | 5.95 | 07/15/34 | 5,000 | 5,177 | ||||||||||
| Exelon Corp. | 3.35 | 03/15/32 | 10,000 | 9,063 | ||||||||||
| Exelon Corp. | 5.30 | 03/15/33 | 10,000 | 10,131 | ||||||||||
| Exelon Corp. | 5.45 | 03/15/34 | 5,000 | 5,076 | ||||||||||
| Exelon Corp. | 6.50 | 03/15/55 | 15,000 | 14,911 | ||||||||||
| National Grid PLC | 5.42 | 01/11/34 | 10,000 | 10,125 | ||||||||||
| National Grid PLC | 5.81 | 06/12/33 | 10,000 | 10,369 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.25 | 06/01/30 | 20,000 | 17,833 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.44 | 01/15/32 | 10,000 | 8,559 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.00 | 07/15/32 | 10,000 | 9,998 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.05 | 02/28/33 | 10,000 | 9,954 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.25 | 03/15/34 | 10,000 | 9,968 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.30 | 03/15/32 | 10,000 | 10,215 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.45 | 03/15/35 | 10,000 | 10,083 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.38 | 08/15/55 | 20,000 | 20,101 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.75 | 06/15/54 | 15,000 | 15,211 | ||||||||||
| Pacific Gas & Electric Co. | 2.50 | 02/01/31 | 20,000 | 17,278 | ||||||||||
| Pacific Gas & Electric Co. | 3.25 | 06/01/31 | 5,000 | 4,472 | ||||||||||
| Pacific Gas & Electric Co. | 4.55 | 07/01/30 | 30,000 | 29,203 | ||||||||||
| Pacific Gas & Electric Co. | 5.70 | 03/01/35 | 10,000 | 9,859 | ||||||||||
| Pacific Gas & Electric Co. | 5.80 | 05/15/34 | 10,000 | 9,984 | ||||||||||
| Pacific Gas & Electric Co. | 5.90 | 06/15/32 | 10,000 | 10,146 | ||||||||||
| Pacific Gas & Electric Co. | 6.15 | 01/15/33 | 15,000 | 15,316 | ||||||||||
| Pacific Gas & Electric Co. | 6.40 | 06/15/33 | 10,000 | 10,362 | ||||||||||
| Pacific Gas & Electric Co. | 6.95 | 03/15/34 | 10,000 | 10,750 | ||||||||||
| PacifiCorp | 7.38 | 09/15/55 | 10,000 | 10,196 | ||||||||||
| PPL Capital Funding, Inc. | 5.25 | 09/01/34 | 10,000 | 10,011 | ||||||||||
| Progress Energy, Inc. | 7.75 | 03/01/31 | 15,000 | 17,201 | ||||||||||
| Public Service Co. of Oklahoma | 5.20 | 01/15/35 | 5,000 | 4,929 | ||||||||||
| Public Service Enterprise Group, Inc. | 1.60 | 08/15/30 | 10,000 | 8,547 | ||||||||||
| Public Service Enterprise Group, Inc. | 2.45 | 11/15/31 | 5,000 | 4,348 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.45 | 04/01/34 | 5,000 | 5,061 | ||||||||||
| Puget Energy, Inc. | 4.10 | 06/15/30 | 10,000 | 9,547 | ||||||||||
| Sempra | 5.50 | 08/01/33 | 5,000 | 5,032 | ||||||||||
| Sempra | 6.40 | 10/01/54 | 10,000 | 9,193 | ||||||||||
| Sempra | 6.55 | 04/01/55 | 10,000 | 9,192 | ||||||||||
| Southern Co. | 4.85 | 03/15/35 | 5,000 | 4,853 | ||||||||||
| Southern Co. | 5.20 | 06/15/33 | 10,000 | 10,063 | ||||||||||
The accompanying notes are an integral part of these financial statements.
134
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 7.5% (Continued) | ||||||||||||||
| Southern Co. | 5.70 | 10/15/32 | $ | 5,000 | $ | 5,199 | ||||||||
| Southern Co. | 5.70 | 03/15/34 | 10,000 | 10,352 | ||||||||||
| Southern Co. | 6.38 | 03/15/55 | 20,000 | 20,402 | ||||||||||
| Wisconsin Power & Light Co. | 3.95 | 09/01/32 | 10,000 | 9,334 | ||||||||||
| Xcel Energy, Inc. | 3.40 | 06/01/30 | 10,000 | 9,395 | ||||||||||
| Xcel Energy, Inc. | 5.45 | 08/15/33 | 10,000 | 10,055 | ||||||||||
| Xcel Energy, Inc. | 5.50 | 03/15/34 | 10,000 | 10,029 | ||||||||||
| Xcel Energy, Inc. | 5.60 | 04/15/35 | 10,000 | 10,118 | ||||||||||
| 763,247 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.0% | ||||||||||||||
| Acuity Brands Lighting, Inc. | 2.15 | 12/15/30 | 5,000 | 4,347 | ||||||||||
| ELECTRONICS – 0.7% | ||||||||||||||
| Allegion US Holding Co., Inc. | 5.41 | 07/01/32 | 5,000 | 5,092 | ||||||||||
| Arrow Electronics, Inc. | 2.95 | 02/15/32 | 5,000 | 4,287 | ||||||||||
| Arrow Electronics, Inc. | 5.88 | 04/10/34 | 5,000 | 5,038 | ||||||||||
| Flex Ltd. | 4.88 | 05/12/30 | 10,000 | 9,854 | ||||||||||
| Flex Ltd. | 5.25 | 01/15/32 | 5,000 | 4,920 | ||||||||||
| Jabil, Inc. | 3.00 | 01/15/31 | 5,000 | 4,475 | ||||||||||
| Keysight Technologies, Inc. | 4.95 | 10/15/34 | 10,000 | 9,721 | ||||||||||
| Keysight Technologies, Inc. | 5.35 | 07/30/30 | 5,000 | 5,135 | ||||||||||
| TD SYNNEX Corp. | 6.10 | 04/12/34 | 10,000 | 10,067 | ||||||||||
| Trimble, Inc. | 6.10 | 03/15/33 | 5,000 | 5,200 | ||||||||||
| Vontier Corp. | 2.95 | 04/01/31 | 5,000 | 4,336 | ||||||||||
| 68,125 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.1% | ||||||||||||||
| Jacobs Engineering Group, Inc. | 5.90 | 03/01/33 | 10,000 | 10,189 | ||||||||||
| ENTERTAINMENT – 0.4% | ||||||||||||||
| Warnermedia Holdings, Inc. | 4.28 | 03/15/32 | 50,000 | 42,834 | ||||||||||
| ENVIRONMENTAL CONTROL – 0.1% | ||||||||||||||
| Veralto Corp. | 5.45 | 09/18/33 | 10,000 | 10,209 | ||||||||||
| FOOD – 3.0% | ||||||||||||||
| Flowers Foods, Inc. | 2.40 | 03/15/31 | 5,000 | 4,290 | ||||||||||
| Flowers Foods, Inc. | 5.75 | 03/15/35 | 5,000 | 5,042 | ||||||||||
| General Mills, Inc. | 2.25 | 10/14/31 | 10,000 | 8,606 | ||||||||||
| General Mills, Inc. | 4.95 | 03/29/33 | 10,000 | 9,943 | ||||||||||
| General Mills, Inc. | 5.25 | 01/30/35 | 5,000 | 5,001 | ||||||||||
| Ingredion, Inc. | 2.90 | 06/01/30 | 5,000 | 4,623 | ||||||||||
| J M Smucker Co. | 4.25 | 03/15/35 | 10,000 | 9,189 | ||||||||||
| J M Smucker Co. | 6.20 | 11/15/33 | 5,000 | 5,334 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.00 | 05/15/32 | 10,000 | 8,642 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.63 | 01/15/32 | 10,000 | 9,053 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 5.75 | 04/01/33 | 13,000 | 13,272 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 6.75 | 03/15/34 | 20,000 | 21,717 | ||||||||||
| Kellanova | 2.10 | 06/01/30 | 10,000 | 8,910 | ||||||||||
| Kellanova | 7.45 | 04/01/31 | 5,000 | 5,678 | ||||||||||
| Kraft Heinz Foods Co. | 5.20 | 03/15/32 | 5,000 | 5,084 | ||||||||||
The accompanying notes are an integral part of these financial statements.
135
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 3.0% (Continued) | ||||||||||||||
| Kraft Heinz Foods Co. | 5.40 | 03/15/35 | $ | 10,000 | $ | 10,074 | ||||||||
| Kroger Co. | 2.20 | 05/01/30 | 10,000 | 8,936 | ||||||||||
| Kroger Co. | 5.00 | 09/15/34 | 25,000 | 24,506 | ||||||||||
| McCormick & Co., Inc./MD | 1.85 | 02/15/31 | 5,000 | 4,260 | ||||||||||
| McCormick & Co., Inc./MD | 4.95 | 04/15/33 | 10,000 | 9,943 | ||||||||||
| Mondelez International, Inc. | 1.50 | 02/04/31 | 5,000 | 4,205 | ||||||||||
| Mondelez International, Inc. | 1.88 | 10/15/32 | 10,000 | 8,252 | ||||||||||
| Mondelez International, Inc. | 3.00 | 03/17/32 | 10,000 | 8,917 | ||||||||||
| Mondelez International, Inc. | 4.75 | 08/28/34 | 5,000 | 4,922 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 10,000 | 8,892 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 10,000 | 9,480 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 10,000 | 10,432 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 10,000 | 10,844 | ||||||||||
| Sysco Corp. | 5.10 | 09/23/30 | 10,000 | 10,190 | ||||||||||
| Sysco Corp. | 6.00 | 01/17/34 | 10,000 | 10,621 | ||||||||||
| The Campbell’s Co. | 4.75 | 03/23/35 | 10,000 | 9,575 | ||||||||||
| The Campbell’s Co. | 5.40 | 03/21/34 | 10,000 | 10,085 | ||||||||||
| Tyson Foods, Inc. | 4.88 | 08/15/34 | 5,000 | 4,823 | ||||||||||
| Tyson Foods, Inc. | 5.70 | 03/15/34 | 10,000 | 10,234 | ||||||||||
| 303,575 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.2% | ||||||||||||||
| Suzano Austria GmbH | 3.13 | 01/15/32 | 10,000 | 8,547 | ||||||||||
| Suzano Austria GmbH | 3.75 | 01/15/31 | 15,000 | 13,590 | ||||||||||
| 22,137 | ||||||||||||||
| GAS – 0.6% | ||||||||||||||
| National Fuel Gas Co. | 2.95 | 03/01/31 | 5,000 | 4,432 | ||||||||||
| National Fuel Gas Co. | 5.95 | 03/15/35 | 5,000 | 5,017 | ||||||||||
| NiSource, Inc. | 1.70 | 02/15/31 | 10,000 | 8,462 | ||||||||||
| NiSource, Inc. | 3.60 | 05/01/30 | 15,000 | 14,306 | ||||||||||
| NiSource, Inc. | 5.35 | 04/01/34 | 5,000 | 5,035 | ||||||||||
| NiSource, Inc. | 6.38 | 03/31/55 | 5,000 | 4,883 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.15 | 09/15/32 | 5,000 | 5,006 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.75 | 09/15/33 | 10,000 | 10,320 | ||||||||||
| Southwest Gas Corp. | 4.05 | 03/15/32 | 5,000 | 4,685 | ||||||||||
| 62,146 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.2% | ||||||||||||||
| Regal Rexnord Corp. | 6.40 | 04/15/33 | 15,000 | 15,290 | ||||||||||
| Stanley Black & Decker, Inc. | 3.00 | 05/15/32 | 5,000 | 4,249 | ||||||||||
| 19,539 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.7% | ||||||||||||||
| Agilent Technologies, Inc. | 2.10 | 06/04/30 | 5,000 | 4,431 | ||||||||||
| Agilent Technologies, Inc. | 2.30 | 03/12/31 | 15,000 | 13,107 | ||||||||||
| Agilent Technologies, Inc. | 4.75 | 09/09/34 | 5,000 | 4,811 | ||||||||||
| Baxter International, Inc. | 1.73 | 04/01/31 | 5,000 | 4,190 | ||||||||||
| Baxter International, Inc. | 2.54 | 02/01/32 | 20,000 | 17,095 | ||||||||||
| DENTSPLY SIRONA, Inc. | 3.25 | 06/01/30 | 10,000 | 8,930 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.91 | 11/22/32 | 15,000 | 15,746 | ||||||||||
The accompanying notes are an integral part of these financial statements.
136
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-PRODUCTS – 1.7% (Continued) | ||||||||||||||
| Revvity, Inc. | 2.25 | 09/15/31 | $ | 5,000 | $ | 4,205 | ||||||||
| Smith & Nephew PLC | 2.03 | 10/14/30 | 15,000 | 13,025 | ||||||||||
| Smith & Nephew PLC | 5.40 | 03/20/34 | 5,000 | 4,992 | ||||||||||
| Solventum Corp. | 5.45 | 03/13/31 | 10,000 | 10,219 | ||||||||||
| Solventum Corp. | 5.60 | 03/23/34 | 15,000 | 15,177 | ||||||||||
| STERIS Irish FinCo UnLtd. Co. | 2.70 | 03/15/31 | 5,000 | 4,442 | ||||||||||
| Stryker Corp. | 1.95 | 06/15/30 | 15,000 | 13,275 | ||||||||||
| Stryker Corp. | 4.63 | 09/11/34 | 10,000 | 9,734 | ||||||||||
| Stryker Corp. | 5.20 | 02/10/35 | 5,000 | 5,042 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 2.60 | 11/24/31 | 5,000 | 4,382 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.20 | 09/15/34 | 10,000 | 9,961 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.50 | 02/19/35 | 10,000 | 10,180 | ||||||||||
| 172,944 | ||||||||||||||
| HEALTHCARE-SERVICES – 4.1% | ||||||||||||||
| Centene Corp. | 2.50 | 03/01/31 | 25,000 | 21,229 | ||||||||||
| Centene Corp. | 2.63 | 08/01/31 | 10,000 | 8,457 | ||||||||||
| Centene Corp. | 3.00 | 10/15/30 | 25,000 | 21,954 | ||||||||||
| Cigna Group | 2.38 | 03/15/31 | 20,000 | 17,576 | ||||||||||
| Cigna Group | 5.13 | 05/15/31 | 5,000 | 5,110 | ||||||||||
| Cigna Group | 5.25 | 02/15/34 | 15,000 | 15,133 | ||||||||||
| Cigna Group | 5.40 | 03/15/33 | 10,000 | 10,242 | ||||||||||
| Elevance Health, Inc. | 2.25 | 05/15/30 | 15,000 | 13,461 | ||||||||||
| Elevance Health, Inc. | 2.55 | 03/15/31 | 5,000 | 4,460 | ||||||||||
| Elevance Health, Inc. | 4.10 | 05/15/32 | 5,000 | 4,741 | ||||||||||
| Elevance Health, Inc. | 4.75 | 02/15/33 | 10,000 | 9,838 | ||||||||||
| Elevance Health, Inc. | 4.95 | 11/01/31 | 10,000 | 10,098 | ||||||||||
| Elevance Health, Inc. | 5.20 | 02/15/35 | 10,000 | 10,017 | ||||||||||
| Elevance Health, Inc. | 5.38 | 06/15/34 | 15,000 | 15,220 | ||||||||||
| Elevance Health, Inc. | 5.50 | 10/15/32 | 5,000 | 5,169 | ||||||||||
| HCA, Inc. | 2.38 | 07/15/31 | 10,000 | 8,546 | ||||||||||
| HCA, Inc. | 3.50 | 09/01/30 | 30,000 | 28,028 | ||||||||||
| HCA, Inc. | 3.63 | 03/15/32 | 20,000 | 18,142 | ||||||||||
| HCA, Inc. | 5.45 | 04/01/31 | 20,000 | 20,400 | ||||||||||
| HCA, Inc. | 5.45 | 09/15/34 | 10,000 | 9,920 | ||||||||||
| HCA, Inc. | 5.50 | 03/01/32 | 10,000 | 10,132 | ||||||||||
| HCA, Inc. | 5.50 | 06/01/33 | 10,000 | 10,067 | ||||||||||
| HCA, Inc. | 5.60 | 04/01/34 | 10,000 | 10,051 | ||||||||||
| HCA, Inc. | 5.75 | 03/01/35 | 20,000 | 20,203 | ||||||||||
| Humana, Inc. | 2.15 | 02/03/32 | 5,000 | 4,116 | ||||||||||
| Humana, Inc. | 5.38 | 04/15/31 | 15,000 | 15,211 | ||||||||||
| Humana, Inc. | 5.88 | 03/01/33 | 10,000 | 10,247 | ||||||||||
| Humana, Inc. | 5.95 | 03/15/34 | 10,000 | 10,266 | ||||||||||
| Icon Investments Six DAC | 6.00 | 05/08/34 | 5,000 | 4,997 | ||||||||||
| Laboratory Corp. of America Holdings | 2.70 | 06/01/31 | 10,000 | 8,895 | ||||||||||
| Laboratory Corp. of America Holdings | 4.80 | 10/01/34 | 15,000 | 14,463 | ||||||||||
| Quest Diagnostics, Inc. | 2.80 | 06/30/31 | 10,000 | 8,992 | ||||||||||
| Quest Diagnostics, Inc. | 2.95 | 06/30/30 | 5,000 | 4,632 | ||||||||||
The accompanying notes are an integral part of these financial statements.
137
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 4.1% (Continued) | ||||||||||||||
| Quest Diagnostics, Inc. | 5.00 | 12/15/34 | $ | 10,000 | $ | 9,892 | ||||||||
| Quest Diagnostics, Inc. | 6.40 | 11/30/33 | 5,000 | 5,420 | ||||||||||
| Universal Health Services, Inc. | 2.65 | 10/15/30 | 5,000 | 4,386 | ||||||||||
| Universal Health Services, Inc. | 5.05 | 10/15/34 | 10,000 | 9,350 | ||||||||||
| 419,061 | ||||||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Meritage Homes Corp. | 5.65 | 03/15/35 | 5,000 | 4,881 | ||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.1% | ||||||||||||||
| Avery Dennison Corp. | 2.25 | 02/15/32 | 5,000 | 4,161 | ||||||||||
| Church & Dwight Co., Inc. | 5.60 | 11/15/32 | 5,000 | 5,213 | ||||||||||
| Clorox Co. | 4.60 | 05/01/32 | 5,000 | 4,945 | ||||||||||
| 14,319 | ||||||||||||||
| INSURANCE – 3.6% | ||||||||||||||
| Allstate Corp. | 1.45 | 12/15/30 | 10,000 | 8,442 | ||||||||||
| Allstate Corp. | 5.25 | 03/30/33 | 10,000 | 10,133 | ||||||||||
| American International Group, Inc. | 3.88 | 01/15/35 | 5,000 | 4,500 | ||||||||||
| American International Group, Inc. | 5.13 | 03/27/33 | 5,000 | 5,002 | ||||||||||
| Aon Corp. | 2.80 | 05/15/30 | 15,000 | 13,777 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 5.00 | 09/12/32 | 10,000 | 10,023 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 5.35 | 02/28/33 | 5,000 | 5,085 | ||||||||||
| Aon North America, Inc. | 5.30 | 03/01/31 | 10,000 | 10,295 | ||||||||||
| Aon North America, Inc. | 5.45 | 03/01/34 | 15,000 | 15,262 | ||||||||||
| Arthur J Gallagher & Co. | 5.15 | 02/15/35 | 20,000 | 19,867 | ||||||||||
| Arthur J Gallagher & Co. | 5.45 | 07/15/34 | 10,000 | 10,172 | ||||||||||
| Assured Guaranty US Holdings, Inc. | 3.15 | 06/15/31 | 5,000 | 4,550 | ||||||||||
| Athene Holding Ltd. | 3.50 | 01/15/31 | 5,000 | 4,631 | ||||||||||
| Athene Holding Ltd. | 5.88 | 01/15/34 | 10,000 | 10,137 | ||||||||||
| Athene Holding Ltd. | 6.63 | 10/15/54 | 5,000 | 4,823 | ||||||||||
| Brighthouse Financial, Inc. | 5.63 | 05/15/30 | 5,000 | 5,150 | ||||||||||
| Brown & Brown, Inc. | 2.38 | 03/15/31 | 5,000 | 4,321 | ||||||||||
| Brown & Brown, Inc. | 4.20 | 03/17/32 | 10,000 | 9,321 | ||||||||||
| Brown & Brown, Inc. | 5.65 | 06/11/34 | 10,000 | 10,106 | ||||||||||
| CNA Financial Corp. | 2.05 | 08/15/30 | 5,000 | 4,344 | ||||||||||
| CNA Financial Corp. | 5.50 | 06/15/33 | 5,000 | 5,058 | ||||||||||
| CNO Financial Group, Inc. | 6.45 | 06/15/34 | 5,000 | 5,162 | ||||||||||
| Corebridge Financial, Inc. | 3.90 | 04/05/32 | 10,000 | 9,213 | ||||||||||
| Corebridge Financial, Inc. | 5.75 | 01/15/34 | 10,000 | 10,196 | ||||||||||
| Corebridge Financial, Inc. | 6.38 | 09/15/54 | 10,000 | 9,639 | ||||||||||
| Enstar Group Ltd. | 3.10 | 09/01/31 | 10,000 | 8,714 | ||||||||||
| Equitable Holdings, Inc. | 5.59 | 01/11/33 | 10,000 | 10,217 | ||||||||||
| F&G Annuities & Life, Inc. | 6.25 | 10/04/34 | 5,000 | 4,830 | ||||||||||
| Fairfax Financial Holdings Ltd. | 5.63 | 08/16/32 | 5,000 | 5,075 | ||||||||||
| Fairfax Financial Holdings Ltd. | 6.00 | 12/07/33 | 10,000 | 10,403 | ||||||||||
| Fidelity National Financial, Inc. | 2.45 | 03/15/31 | 5,000 | 4,279 | ||||||||||
| Fidelity National Financial, Inc. | 3.40 | 06/15/30 | 10,000 | 9,205 | ||||||||||
| First American Financial Corp. | 2.40 | 08/15/31 | 5,000 | 4,233 | ||||||||||
| Lincoln National Corp. | 3.40 | 01/15/31 | 5,000 | 4,608 | ||||||||||
The accompanying notes are an integral part of these financial statements.
138
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 3.6% (Continued) | ||||||||||||||
| MetLife, Inc. | 6.35 | 03/15/55 | $ | 15,000 | $ | 14,922 | ||||||||
| PartnerRe Finance B LLC | 4.50 | 10/01/50 | 5,000 | 4,579 | ||||||||||
| Primerica, Inc. | 2.80 | 11/19/31 | 10,000 | 8,705 | ||||||||||
| Prudential Financial, Inc. | 3.70 | 10/01/50 | 10,000 | 8,923 | ||||||||||
| Prudential Financial, Inc. | 5.13 | 03/01/52 | 10,000 | 9,415 | ||||||||||
| Prudential Financial, Inc. | 6.00 | 09/01/52 | 10,000 | 9,974 | ||||||||||
| Prudential Financial, Inc. | 6.50 | 03/15/54 | 10,000 | 10,077 | ||||||||||
| Prudential Financial, Inc. | 6.75 | 03/01/53 | 10,000 | 10,272 | ||||||||||
| Reinsurance Group of America, Inc. | 3.15 | 06/15/30 | 5,000 | 4,628 | ||||||||||
| Reinsurance Group of America, Inc. | 5.75 | 09/15/34 | 5,000 | 5,074 | ||||||||||
| Willis North America, Inc. | 5.35 | 05/15/33 | 10,000 | 10,103 | ||||||||||
| 367,445 | ||||||||||||||
| INTERNET – 0.7% | ||||||||||||||
| eBay, Inc. | 2.60 | 05/10/31 | 10,000 | 8,846 | ||||||||||
| Expedia Group, Inc. | 5.40 | 02/15/35 | 10,000 | 9,854 | ||||||||||
| Netflix, Inc. | 4.90 | 08/15/34 | 10,000 | 10,083 | ||||||||||
| Uber Technologies, Inc. | 4.80 | 09/15/34 | 20,000 | 19,416 | ||||||||||
| VeriSign, Inc. | 2.70 | 06/15/31 | 5,000 | 4,427 | ||||||||||
| VeriSign, Inc. | 5.25 | 06/01/32 | 5,000 | 5,046 | ||||||||||
| Weibo Corp. | 3.38 | 07/08/30 | 10,000 | 9,207 | ||||||||||
| 66,879 | ||||||||||||||
| INVESTMENT COMPANIES – 1.0% | ||||||||||||||
| Apollo Debt Solutions BDC(1) | 6.55 | 03/15/32 | 5,000 | 5,031 | ||||||||||
| Apollo Debt Solutions BDC | 6.70 | 07/29/31 | 15,000 | 15,303 | ||||||||||
| Ares Capital Corp. | 3.20 | 11/15/31 | 10,000 | 8,549 | ||||||||||
| Ares Capital Corp. | 5.80 | 03/08/32 | 10,000 | 9,775 | ||||||||||
| Ares Strategic Income Fund(1) | 6.20 | 03/21/32 | 10,000 | 9,883 | ||||||||||
| Blackstone Private Credit Fund | 6.00 | 01/29/32 | 10,000 | 9,918 | ||||||||||
| Blackstone Private Credit Fund(1) | 6.00 | 11/22/34 | 10,000 | 9,562 | ||||||||||
| Blue Owl Credit Income Corp. | 6.65 | 03/15/31 | 10,000 | 10,127 | ||||||||||
| HA Sustainable Infrastructure Capital, Inc.(1) | 6.38 | 07/01/34 | 10,000 | 9,606 | ||||||||||
| MSD Investment Corp.(1) | 6.25 | 05/31/30 | 5,000 | 4,910 | ||||||||||
| Sixth Street Lending Partners(1) | 6.13 | 07/15/30 | 10,000 | 10,041 | ||||||||||
| 102,705 | ||||||||||||||
| IRON/STEEL – 0.6% | ||||||||||||||
| ArcelorMittal SA | 6.00 | 06/17/34 | 10,000 | 10,255 | ||||||||||
| ArcelorMittal SA | 6.80 | 11/29/32 | 5,000 | 5,384 | ||||||||||
| Steel Dynamics, Inc. | 3.25 | 01/15/31 | 5,000 | 4,599 | ||||||||||
| Steel Dynamics, Inc. | 5.38 | 08/15/34 | 5,000 | 5,020 | ||||||||||
| Vale Overseas Ltd. | 3.75 | 07/08/30 | 15,000 | 14,014 | ||||||||||
| Vale Overseas Ltd. | 6.13 | 06/12/33 | 20,000 | 20,625 | ||||||||||
| 59,897 | ||||||||||||||
| LEISURE TIME – 0.0% | ||||||||||||||
| Brunswick Corp./DE | 2.40 | 08/18/31 | 5,000 | 4,089 | ||||||||||
The accompanying notes are an integral part of these financial statements.
139
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| LODGING – 0.9% | ||||||||||||||
| Choice Hotels International, Inc. | 5.85 | 08/01/34 | $ | 5,000 | $ | 4,915 | ||||||||
| Hyatt Hotels Corp. | 5.75 | 03/30/32 | 10,000 | 10,025 | ||||||||||
| Las Vegas Sands Corp. | 6.20 | 08/15/34 | 5,000 | 4,914 | ||||||||||
| Marriott International, Inc./MD | 2.75 | 10/15/33 | 10,000 | 8,284 | ||||||||||
| Marriott International, Inc./MD | 2.85 | 04/15/31 | 10,000 | 8,953 | ||||||||||
| Marriott International, Inc./MD | 3.50 | 10/15/32 | 15,000 | 13,359 | ||||||||||
| Marriott International, Inc./MD | 4.63 | 06/15/30 | 10,000 | 9,943 | ||||||||||
| Marriott International, Inc./MD | 5.30 | 05/15/34 | 15,000 | 14,820 | ||||||||||
| Marriott International, Inc./MD | 5.35 | 03/15/35 | 10,000 | 9,844 | ||||||||||
| Sands China Ltd. | 3.25 | 08/08/31 | 5,000 | 4,262 | ||||||||||
| Sands China Ltd. | 4.38 | 06/18/30 | 5,000 | 4,628 | ||||||||||
| 93,947 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.9% | ||||||||||||||
| AGCO Corp. | 5.80 | 03/21/34 | 10,000 | 9,944 | ||||||||||
| Flowserve Corp. | 2.80 | 01/15/32 | 5,000 | 4,246 | ||||||||||
| Flowserve Corp. | 3.50 | 10/01/30 | 5,000 | 4,614 | ||||||||||
| IDEX Corp. | 2.63 | 06/15/31 | 10,000 | 8,726 | ||||||||||
| Ingersoll Rand, Inc. | 5.45 | 06/15/34 | 10,000 | 10,082 | ||||||||||
| Ingersoll Rand, Inc. | 5.70 | 08/14/33 | 15,000 | 15,419 | ||||||||||
| Nordson Corp. | 5.80 | 09/15/33 | 5,000 | 5,133 | ||||||||||
| nVent Finance Sarl | 5.65 | 05/15/33 | 5,000 | 4,961 | ||||||||||
| Otis Worldwide Corp. | 5.13 | 11/19/31 | 10,000 | 10,182 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 5.61 | 03/11/34 | 5,000 | 5,143 | ||||||||||
| Xylem, Inc./NY | 2.25 | 01/30/31 | 10,000 | 8,750 | ||||||||||
| 87,200 | ||||||||||||||
| MEDIA – 1.3% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.30 | 02/01/32 | 10,000 | 8,132 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.80 | 04/01/31 | 20,000 | 17,365 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.40 | 04/01/33 | 15,000 | 13,632 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.55 | 06/01/34 | 10,000 | 10,324 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.65 | 02/01/34 | 10,000 | 10,358 | ||||||||||
| Discovery Communications LLC | 3.63 | 05/15/30 | 15,000 | 13,317 | ||||||||||
| Fox Corp. | 6.50 | 10/13/33 | 15,000 | 15,965 | ||||||||||
| Paramount Global | 4.20 | 05/19/32 | 10,000 | 8,968 | ||||||||||
| Paramount Global | 4.95 | 01/15/31 | 10,000 | 9,672 | ||||||||||
| Paramount Global | 7.88 | 07/30/30 | 10,000 | 10,966 | ||||||||||
| Time Warner Cable Enterprises LLC | 8.38 | 07/15/33 | 10,000 | 11,404 | ||||||||||
| 130,103 | ||||||||||||||
| MINING – 0.7% | ||||||||||||||
| AngloGold Ashanti Holdings PLC | 3.75 | 10/01/30 | 10,000 | 9,343 | ||||||||||
| Freeport-McMoRan, Inc. | 4.63 | 08/01/30 | 10,000 | 9,837 | ||||||||||
| Freeport-McMoRan, Inc. | 5.40 | 11/14/34 | 5,000 | 4,997 | ||||||||||
The accompanying notes are an integral part of these financial statements.
140
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MINING – 0.7% (Continued) | ||||||||||||||
| Newmont Corp. | 2.25 | 10/01/30 | $ | 10,000 | $ | 8,920 | ||||||||
| Newmont Corp. | 2.60 | 07/15/32 | 5,000 | 4,370 | ||||||||||
| Newmont Corp. | 5.88 | 04/01/35 | 5,000 | 5,290 | ||||||||||
| Newmont Corp./Newcrest Finance Pty Ltd. | 3.25 | 05/13/30 | 15,000 | 14,172 | ||||||||||
| Newmont Corp./Newcrest Finance Pty Ltd. | 5.35 | 03/15/34 | 10,000 | 10,171 | ||||||||||
| 67,100 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.2% | ||||||||||||||
| Teledyne Technologies, Inc. | 2.75 | 04/01/31 | 10,000 | 8,915 | ||||||||||
| Textron, Inc. | 2.45 | 03/15/31 | 5,000 | 4,362 | ||||||||||
| Textron, Inc. | 3.00 | 06/01/30 | 10,000 | 9,154 | ||||||||||
| 22,431 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.1% | ||||||||||||||
| CDW LLC/CDW Finance Corp. | 3.57 | 12/01/31 | 15,000 | 13,567 | ||||||||||
| OIL & GAS – 3.6% | ||||||||||||||
| Canadian Natural Resources Ltd. | 2.95 | 07/15/30 | 10,000 | 9,070 | ||||||||||
| Canadian Natural Resources Ltd.(1) | 5.40 | 12/15/34 | 5,000 | 4,856 | ||||||||||
| Coterra Energy, Inc. | 5.40 | 02/15/35 | 5,000 | 4,833 | ||||||||||
| Coterra Energy, Inc. | 5.60 | 03/15/34 | 5,000 | 4,956 | ||||||||||
| Devon Energy Corp. | 5.20 | 09/15/34 | 15,000 | 14,065 | ||||||||||
| Devon Energy Corp. | 7.88 | 09/30/31 | 10,000 | 11,338 | ||||||||||
| Diamondback Energy, Inc. | 3.13 | 03/24/31 | 5,000 | 4,523 | ||||||||||
| Diamondback Energy, Inc. | 5.40 | 04/18/34 | 10,000 | 9,785 | ||||||||||
| Diamondback Energy, Inc. | 5.55 | 04/01/35 | 15,000 | 14,764 | ||||||||||
| Diamondback Energy, Inc. | 6.25 | 03/15/33 | 15,000 | 15,675 | ||||||||||
| EQT Corp.(1) | 4.75 | 01/15/31 | 10,000 | 9,661 | ||||||||||
| EQT Corp. | 5.75 | 02/01/34 | 10,000 | 9,999 | ||||||||||
| Expand Energy Corp. | 4.75 | 02/01/32 | 15,000 | 14,087 | ||||||||||
| Expand Energy Corp. | 5.70 | 01/15/35 | 10,000 | 9,895 | ||||||||||
| Helmerich & Payne, Inc. | 2.90 | 09/29/31 | 10,000 | 8,263 | ||||||||||
| Helmerich & Payne, Inc.(1) | 5.50 | 12/01/34 | 5,000 | 4,410 | ||||||||||
| Hess Corp. | 7.13 | 03/15/33 | 5,000 | 5,612 | ||||||||||
| Hess Corp. | 7.30 | 08/15/31 | 5,000 | 5,625 | ||||||||||
| HF Sinclair Corp. | 6.25 | 01/15/35 | 15,000 | 14,440 | ||||||||||
| Marathon Petroleum Corp. | 5.70 | 03/01/35 | 10,000 | 9,784 | ||||||||||
| Occidental Petroleum Corp. | 5.38 | 01/01/32 | 10,000 | 9,520 | ||||||||||
| Occidental Petroleum Corp. | 5.55 | 10/01/34 | 15,000 | 13,975 | ||||||||||
| Occidental Petroleum Corp. | 6.13 | 01/01/31 | 10,000 | 10,102 | ||||||||||
| Occidental Petroleum Corp. | 6.63 | 09/01/30 | 15,000 | 15,545 | ||||||||||
| Occidental Petroleum Corp. | 7.50 | 05/01/31 | 10,000 | 10,732 | ||||||||||
| Occidental Petroleum Corp. | 8.88 | 07/15/30 | 10,000 | 11,237 | ||||||||||
| Ovintiv, Inc. | 6.25 | 07/15/33 | 5,000 | 4,933 | ||||||||||
| Ovintiv, Inc. | 6.50 | 08/15/34 | 5,000 | 4,967 | ||||||||||
| Ovintiv, Inc. | 7.38 | 11/01/31 | 10,000 | 10,730 | ||||||||||
| Phillips 66 Co. | 2.15 | 12/15/30 | 5,000 | 4,367 | ||||||||||
| Phillips 66 Co. | 4.65 | 11/15/34 | 10,000 | 9,329 | ||||||||||
| Phillips 66 Co. | 4.95 | 03/15/35 | 5,000 | 4,726 | ||||||||||
The accompanying notes are an integral part of these financial statements.
141
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 3.6% (Continued) | ||||||||||||||
| Phillips 66 Co. | 5.25 | 06/15/31 | $ | 15,000 | $ | 15,301 | ||||||||
| Phillips 66 Co. | 5.30 | 06/30/33 | 10,000 | 9,910 | ||||||||||
| Suncor Energy, Inc. | 5.95 | 12/01/34 | 10,000 | 10,157 | ||||||||||
| Suncor Energy, Inc. | 7.15 | 02/01/32 | 5,000 | 5,417 | ||||||||||
| Valero Energy Corp. | 7.50 | 04/15/32 | 10,000 | 11,198 | ||||||||||
| Woodside Finance Ltd. | 5.10 | 09/12/34 | 15,000 | 14,362 | ||||||||||
| 362,149 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.9% | ||||||||||||||
| Amcor Finance USA, Inc. | 5.63 | 05/26/33 | 5,000 | 5,137 | ||||||||||
| Amcor Flexibles North America, Inc. | 2.63 | 06/19/30 | 5,000 | 4,499 | ||||||||||
| Amcor Flexibles North America, Inc. | 2.69 | 05/25/31 | 10,000 | 8,850 | ||||||||||
| Amcor Flexibles North America, Inc.(1) | 5.50 | 03/17/35 | 10,000 | 9,973 | ||||||||||
| Berry Global, Inc. | 5.65 | 01/15/34 | 10,000 | 10,098 | ||||||||||
| Berry Global, Inc. | 5.80 | 06/15/31 | 5,000 | 5,267 | ||||||||||
| Smurfit Kappa Treasury ULC(1) | 5.44 | 04/03/34 | 10,000 | 10,024 | ||||||||||
| Smurfit Westrock Financing DAC(1) | 5.42 | 01/15/35 | 5,000 | 5,013 | ||||||||||
| Sonoco Products Co. | 2.85 | 02/01/32 | 5,000 | 4,337 | ||||||||||
| Sonoco Products Co. | 3.13 | 05/01/30 | 5,000 | 4,597 | ||||||||||
| Sonoco Products Co. | 5.00 | 09/01/34 | 10,000 | 9,567 | ||||||||||
| WRKCo, Inc. | 3.00 | 06/15/33 | 5,000 | 4,276 | ||||||||||
| WRKCo, Inc. | 4.20 | 06/01/32 | 5,000 | 4,698 | ||||||||||
| 86,336 | ||||||||||||||
| PHARMACEUTICALS – 2.1% | ||||||||||||||
| Becton Dickinson & Co. | 1.96 | 02/11/31 | 10,000 | 8,574 | ||||||||||
| Becton Dickinson & Co. | 2.82 | 05/20/30 | 5,000 | 4,580 | ||||||||||
| Becton Dickinson & Co. | 4.30 | 08/22/32 | 5,000 | 4,775 | ||||||||||
| Becton Dickinson & Co. | 5.11 | 02/08/34 | 10,000 | 9,960 | ||||||||||
| Cardinal Health, Inc. | 5.35 | 11/15/34 | 10,000 | 10,052 | ||||||||||
| Cardinal Health, Inc. | 5.45 | 02/15/34 | 5,000 | 5,061 | ||||||||||
| Cencora, Inc. | 2.70 | 03/15/31 | 15,000 | 13,438 | ||||||||||
| Cencora, Inc. | 2.80 | 05/15/30 | 5,000 | 4,610 | ||||||||||
| Cencora, Inc. | 5.15 | 02/15/35 | 5,000 | 5,009 | ||||||||||
| CVS Health Corp. | 1.75 | 08/21/30 | 10,000 | 8,552 | ||||||||||
| CVS Health Corp. | 1.88 | 02/28/31 | 15,000 | 12,653 | ||||||||||
| CVS Health Corp. | 2.13 | 09/15/31 | 10,000 | 8,422 | ||||||||||
| CVS Health Corp. | 5.25 | 01/30/31 | 10,000 | 10,148 | ||||||||||
| CVS Health Corp. | 5.25 | 02/21/33 | 25,000 | 24,777 | ||||||||||
| CVS Health Corp. | 5.30 | 06/01/33 | 15,000 | 14,904 | ||||||||||
| CVS Health Corp. | 5.55 | 06/01/31 | 10,000 | 10,281 | ||||||||||
| CVS Health Corp. | 5.70 | 06/01/34 | 10,000 | 10,163 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.30 | 07/05/34 | 15,000 | 15,154 | ||||||||||
| Viatris, Inc. | 2.70 | 06/22/30 | 15,000 | 12,985 | ||||||||||
| Zoetis, Inc. | 2.00 | 05/15/30 | 5,000 | 4,442 | ||||||||||
| Zoetis, Inc. | 5.60 | 11/16/32 | 10,000 | 10,476 | ||||||||||
| 209,016 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
142
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 7.1% | ||||||||||||||
| Boardwalk Pipelines LP | 3.40 | 02/15/31 | $ | 5,000 | $ | 4,553 | ||||||||
| Boardwalk Pipelines LP | 3.60 | 09/01/32 | 5,000 | 4,399 | ||||||||||
| Boardwalk Pipelines LP | 5.63 | 08/01/34 | 10,000 | 9,922 | ||||||||||
| Cheniere Energy Partners LP | 3.25 | 01/31/32 | 10,000 | 8,772 | ||||||||||
| Cheniere Energy Partners LP | 4.00 | 03/01/31 | 25,000 | 23,366 | ||||||||||
| Cheniere Energy Partners LP | 5.75 | 08/15/34 | 10,000 | 10,029 | ||||||||||
| Cheniere Energy Partners LP | 5.95 | 06/30/33 | 10,000 | 10,224 | ||||||||||
| Cheniere Energy, Inc. | 5.65 | 04/15/34 | 10,000 | 9,969 | ||||||||||
| Eastern Energy Gas Holdings LLC | 5.80 | 01/15/35 | 10,000 | 10,348 | ||||||||||
| Enbridge, Inc. | 2.50 | 08/01/33 | 5,000 | 4,072 | ||||||||||
| Enbridge, Inc. | 5.63 | 04/05/34 | 15,000 | 15,204 | ||||||||||
| Enbridge, Inc. | 5.70 | 03/08/33 | 25,000 | 25,534 | ||||||||||
| Enbridge, Inc. | 6.20 | 11/15/30 | 10,000 | 10,602 | ||||||||||
| Enbridge, Inc. | 7.20 | 06/27/54 | 10,000 | 9,987 | ||||||||||
| Energy Transfer LP | 3.75 | 05/15/30 | 15,000 | 14,175 | ||||||||||
| Energy Transfer LP | 4.90 | 03/15/35 | 5,000 | 4,666 | ||||||||||
| Energy Transfer LP | 5.55 | 05/15/34 | 15,000 | 14,773 | ||||||||||
| Energy Transfer LP | 5.60 | 09/01/34 | 15,000 | 14,813 | ||||||||||
| Energy Transfer LP | 5.70 | 04/01/35 | 15,000 | 14,843 | ||||||||||
| Energy Transfer LP | 5.75 | 02/15/33 | 10,000 | 10,150 | ||||||||||
| Energy Transfer LP | 6.40 | 12/01/30 | 15,000 | 15,967 | ||||||||||
| Energy Transfer LP | 6.55 | 12/01/33 | 15,000 | 15,802 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.80 | 03/15/35 | 10,000 | 10,120 | ||||||||||
| Kinder Morgan Energy Partners LP | 7.30 | 08/15/33 | 5,000 | 5,470 | ||||||||||
| Kinder Morgan, Inc. | 2.00 | 02/15/31 | 10,000 | 8,533 | ||||||||||
| Kinder Morgan, Inc. | 4.80 | 02/01/33 | 5,000 | 4,809 | ||||||||||
| Kinder Morgan, Inc. | 5.15 | 06/01/30 | 5,000 | 5,045 | ||||||||||
| Kinder Morgan, Inc. | 5.20 | 06/01/33 | 20,000 | 19,720 | ||||||||||
| Kinder Morgan, Inc. | 5.30 | 12/01/34 | 5,000 | 4,883 | ||||||||||
| Kinder Morgan, Inc. | 5.40 | 02/01/34 | 10,000 | 9,893 | ||||||||||
| Kinder Morgan, Inc. | 7.75 | 01/15/32 | 15,000 | 17,023 | ||||||||||
| Kinder Morgan, Inc. | 7.80 | 08/01/31 | 5,000 | 5,674 | ||||||||||
| MPLX LP | 2.65 | 08/15/30 | 20,000 | 17,928 | ||||||||||
| MPLX LP | 4.95 | 09/01/32 | 10,000 | 9,722 | ||||||||||
| MPLX LP | 5.00 | 03/01/33 | 5,000 | 4,839 | ||||||||||
| MPLX LP | 5.40 | 04/01/35 | 10,000 | 9,714 | ||||||||||
| MPLX LP | 5.50 | 06/01/34 | 20,000 | 19,664 | ||||||||||
| ONEOK, Inc. | 4.75 | 10/15/31 | 15,000 | 14,624 | ||||||||||
| ONEOK, Inc. | 5.05 | 11/01/34 | 20,000 | 19,002 | ||||||||||
| ONEOK, Inc. | 5.65 | 09/01/34 | 5,000 | 4,960 | ||||||||||
| ONEOK, Inc. | 5.80 | 11/01/30 | 10,000 | 10,362 | ||||||||||
| ONEOK, Inc. | 6.05 | 09/01/33 | 15,000 | 15,418 | ||||||||||
| ONEOK, Inc. | 6.10 | 11/15/32 | 5,000 | 5,180 | ||||||||||
| ONEOK, Inc. | 6.35 | 01/15/31 | 10,000 | 10,578 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 3.80 | 09/15/30 | 5,000 | 4,721 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 5.70 | 09/15/34 | 10,000 | 9,901 | ||||||||||
| Sabine Pass Liquefaction LLC | 4.50 | 05/15/30 | 20,000 | 19,745 | ||||||||||
| South Bow USA Infrastructure Holdings LLC(1) | 5.58 | 10/01/34 | 15,000 | 14,568 | ||||||||||
The accompanying notes are an integral part of these financial statements.
143
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 7.1% (Continued) | ||||||||||||||
| Targa Resources Corp. | 4.20 | 02/01/33 | $ | 10,000 | $ | 9,150 | ||||||||
| Targa Resources Corp. | 5.50 | 02/15/35 | 15,000 | 14,685 | ||||||||||
| Targa Resources Corp. | 6.13 | 03/15/33 | 5,000 | 5,143 | ||||||||||
| Targa Resources Corp. | 6.50 | 03/30/34 | 10,000 | 10,533 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.00 | 01/15/32 | 10,000 | 9,163 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.88 | 02/01/31 | 10,000 | 9,707 | ||||||||||
| TransCanada PipeLines Ltd. | 4.63 | 03/01/34 | 15,000 | 14,088 | ||||||||||
| TransCanada PipeLines Ltd. | 7.00 | 06/01/65 | 10,000 | 9,829 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 3.25 | 05/15/30 | 10,000 | 9,347 | ||||||||||
| Western Midstream Operating LP | 5.45 | 11/15/34 | 5,000 | 4,767 | ||||||||||
| Western Midstream Operating LP | 6.15 | 04/01/33 | 10,000 | 10,131 | ||||||||||
| Williams Cos, Inc. | 2.60 | 03/15/31 | 15,000 | 13,261 | ||||||||||
| Williams Cos, Inc. | 3.50 | 11/15/30 | 10,000 | 9,371 | ||||||||||
| Williams Cos, Inc. | 4.65 | 08/15/32 | 10,000 | 9,642 | ||||||||||
| Williams Cos, Inc. | 5.15 | 03/15/34 | 15,000 | 14,714 | ||||||||||
| Williams Cos, Inc. | 5.60 | 03/15/35 | 10,000 | 10,093 | ||||||||||
| Williams Cos, Inc. | 5.65 | 03/15/33 | 10,000 | 10,233 | ||||||||||
| 718,123 | ||||||||||||||
| REAL ESTATE – 0.1% | ||||||||||||||
| CBRE Services, Inc. | 2.50 | 04/01/31 | 5,000 | 4,363 | ||||||||||
| CBRE Services, Inc. | 5.95 | 08/15/34 | 10,000 | 10,357 | ||||||||||
| 14,720 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 6.2% | ||||||||||||||
| Alexandria Real Estate Equities, Inc. | 1.88 | 02/01/33 | 10,000 | 7,807 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 2.00 | 05/18/32 | 5,000 | 4,042 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 2.95 | 03/15/34 | 10,000 | 8,243 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 3.38 | 08/15/31 | 10,000 | 9,084 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.90 | 12/15/30 | 15,000 | 14,940 | ||||||||||
| American Assets Trust LP | 3.38 | 02/01/31 | 5,000 | 4,364 | ||||||||||
| American Assets Trust LP | 6.15 | 10/01/34 | 10,000 | 9,837 | ||||||||||
| American Homes 4 Rent LP | 3.63 | 04/15/32 | 10,000 | 9,101 | ||||||||||
| American Homes 4 Rent LP | 5.50 | 02/01/34 | 15,000 | 14,967 | ||||||||||
| American Tower Corp. | 1.88 | 10/15/30 | 10,000 | 8,616 | ||||||||||
| American Tower Corp. | 2.10 | 06/15/30 | 10,000 | 8,819 | ||||||||||
| American Tower Corp. | 2.30 | 09/15/31 | 10,000 | 8,616 | ||||||||||
| American Tower Corp. | 2.70 | 04/15/31 | 5,000 | 4,448 | ||||||||||
| American Tower Corp. | 5.40 | 01/31/35 | 5,000 | 5,061 | ||||||||||
| American Tower Corp. | 5.45 | 02/15/34 | 10,000 | 10,179 | ||||||||||
| American Tower Corp. | 5.55 | 07/15/33 | 10,000 | 10,235 | ||||||||||
| American Tower Corp. | 5.65 | 03/15/33 | 15,000 | 15,507 | ||||||||||
| American Tower Corp. | 5.90 | 11/15/33 | 5,000 | 5,243 | ||||||||||
| Americold Realty Operating Partnership LP | 5.41 | 09/12/34 | 5,000 | 4,859 | ||||||||||
| Boston Properties LP | 2.45 | 10/01/33 | 10,000 | 7,835 | ||||||||||
| Boston Properties LP | 2.55 | 04/01/32 | 10,000 | 8,234 | ||||||||||
| Boston Properties LP | 3.25 | 01/30/31 | 10,000 | 9,023 | ||||||||||
| Boston Properties LP | 5.75 | 01/15/35 | 10,000 | 9,869 | ||||||||||
| Boston Properties LP | 6.50 | 01/15/34 | 10,000 | 10,497 | ||||||||||
The accompanying notes are an integral part of these financial statements.
144
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 6.2% (Continued) | ||||||||||||||
| Brixmor Operating Partnership LP | 2.50 | 08/16/31 | $ | 10,000 | $ | 8,635 | ||||||||
| Brixmor Operating Partnership LP | 4.05 | 07/01/30 | 5,000 | 4,801 | ||||||||||
| COPT Defense Properties LP | 2.75 | 04/15/31 | 5,000 | 4,338 | ||||||||||
| Cousins Properties LP | 5.88 | 10/01/34 | 5,000 | 5,010 | ||||||||||
| Crown Castle, Inc. | 2.10 | 04/01/31 | 10,000 | 8,502 | ||||||||||
| Crown Castle, Inc. | 2.25 | 01/15/31 | 10,000 | 8,637 | ||||||||||
| Crown Castle, Inc. | 2.50 | 07/15/31 | 10,000 | 8,621 | ||||||||||
| Crown Castle, Inc. | 3.30 | 07/01/30 | 10,000 | 9,266 | ||||||||||
| Crown Castle, Inc. | 5.10 | 05/01/33 | 5,000 | 4,895 | ||||||||||
| Crown Castle, Inc. | 5.20 | 09/01/34 | 10,000 | 9,814 | ||||||||||
| Crown Castle, Inc. | 5.80 | 03/01/34 | 5,000 | 5,117 | ||||||||||
| Equinix Europe 2 Financing Corp. LLC | 5.50 | 06/15/34 | 10,000 | 10,198 | ||||||||||
| Equinix, Inc. | 2.15 | 07/15/30 | 10,000 | 8,851 | ||||||||||
| Equinix, Inc. | 2.50 | 05/15/31 | 10,000 | 8,772 | ||||||||||
| Equinix, Inc. | 3.90 | 04/15/32 | 10,000 | 9,363 | ||||||||||
| Essex Portfolio LP | 2.65 | 03/15/32 | 5,000 | 4,276 | ||||||||||
| Essex Portfolio LP | 5.50 | 04/01/34 | 10,000 | 10,061 | ||||||||||
| Extra Space Storage LP | 2.35 | 03/15/32 | 5,000 | 4,160 | ||||||||||
| Extra Space Storage LP | 2.40 | 10/15/31 | 5,000 | 4,274 | ||||||||||
| Extra Space Storage LP | 5.50 | 07/01/30 | 10,000 | 10,291 | ||||||||||
| Extra Space Storage LP | 5.90 | 01/15/31 | 10,000 | 10,432 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 3.25 | 01/15/32 | 5,000 | 4,316 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 4.00 | 01/15/31 | 5,000 | 4,645 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.63 | 09/15/34 | 15,000 | 14,699 | ||||||||||
| Healthcare Realty Holdings LP | 2.00 | 03/15/31 | 5,000 | 4,219 | ||||||||||
| Healthpeak OP LLC | 2.88 | 01/15/31 | 10,000 | 8,975 | ||||||||||
| Healthpeak OP LLC | 5.25 | 12/15/32 | 10,000 | 10,043 | ||||||||||
| Healthpeak OP LLC | 5.38 | 02/15/35 | 5,000 | 4,973 | ||||||||||
| Host Hotels & Resorts LP | 3.50 | 09/15/30 | 10,000 | 9,118 | ||||||||||
| Host Hotels & Resorts LP | 5.50 | 04/15/35 | 5,000 | 4,831 | ||||||||||
| Host Hotels & Resorts LP | 5.70 | 07/01/34 | 10,000 | 9,849 | ||||||||||
| Invitation Homes Operating Partnership LP | 2.00 | 08/15/31 | 5,000 | 4,196 | ||||||||||
| Invitation Homes Operating Partnership LP | 4.15 | 04/15/32 | 10,000 | 9,314 | ||||||||||
| Kimco Realty OP LLC | 2.70 | 10/01/30 | 10,000 | 9,094 | ||||||||||
| Kimco Realty OP LLC | 3.20 | 04/01/32 | 5,000 | 4,447 | ||||||||||
| Kimco Realty OP LLC | 4.60 | 02/01/33 | 10,000 | 9,644 | ||||||||||
| Kimco Realty OP LLC | 4.85 | 03/01/35 | 5,000 | 4,796 | ||||||||||
| Kimco Realty OP LLC | 6.40 | 03/01/34 | 5,000 | 5,345 | ||||||||||
| NNN REIT, Inc. | 5.50 | 06/15/34 | 5,000 | 5,020 | ||||||||||
| NNN REIT, Inc. | 5.60 | 10/15/33 | 10,000 | 10,137 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.25 | 04/15/33 | 5,000 | 4,235 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.38 | 02/01/31 | 15,000 | 13,597 | ||||||||||
| Sabra Health Care LP | 3.20 | 12/01/31 | 10,000 | 8,834 | ||||||||||
| Sun Communities Operating LP | 2.70 | 07/15/31 | 10,000 | 8,746 | ||||||||||
| Sun Communities Operating LP | 4.20 | 04/15/32 | 10,000 | 9,387 | ||||||||||
| UDR, Inc. | 3.00 | 08/15/31 | 5,000 | 4,479 | ||||||||||
| Ventas Realty LP | 2.50 | 09/01/31 | 10,000 | 8,739 | ||||||||||
| Ventas Realty LP | 4.75 | 11/15/30 | 5,000 | 5,001 | ||||||||||
The accompanying notes are an integral part of these financial statements.
145
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 6.2% (Continued) | ||||||||||||||
| Ventas Realty LP | 5.00 | 01/15/35 | $ | 5,000 | $ | 4,830 | ||||||||
| Ventas Realty LP | 5.63 | 07/01/34 | 5,000 | 5,070 | ||||||||||
| VICI Properties LP | 5.13 | 11/15/31 | 5,000 | 4,956 | ||||||||||
| VICI Properties LP | 5.13 | 05/15/32 | 15,000 | 14,720 | ||||||||||
| VICI Properties LP | 5.63 | 04/01/35 | 10,000 | 9,919 | ||||||||||
| VICI Properties LP | 5.75 | 04/01/34 | 10,000 | 10,076 | ||||||||||
| Weyerhaeuser Co. | 7.38 | 03/15/32 | 10,000 | 11,223 | ||||||||||
| 629,213 | ||||||||||||||
| RETAIL – 3.0% | ||||||||||||||
| AutoNation, Inc. | 3.85 | 03/01/32 | 15,000 | 13,483 | ||||||||||
| AutoNation, Inc. | 4.75 | 06/01/30 | 5,000 | 4,907 | ||||||||||
| AutoZone, Inc. | 1.65 | 01/15/31 | 5,000 | 4,229 | ||||||||||
| AutoZone, Inc. | 4.75 | 08/01/32 | 10,000 | 9,849 | ||||||||||
| AutoZone, Inc. | 4.75 | 02/01/33 | 10,000 | 9,768 | ||||||||||
| AutoZone, Inc. | 5.40 | 07/15/34 | 10,000 | 10,101 | ||||||||||
| Best Buy Co., Inc. | 1.95 | 10/01/30 | 10,000 | 8,592 | ||||||||||
| Darden Restaurants, Inc. | 6.30 | 10/10/33 | 5,000 | 5,303 | ||||||||||
| Dick’s Sporting Goods, Inc. | 3.15 | 01/15/32 | 5,000 | 4,389 | ||||||||||
| Dollar General Corp. | 5.00 | 11/01/32 | 10,000 | 9,826 | ||||||||||
| Dollar General Corp. | 5.45 | 07/05/33 | 10,000 | 10,097 | ||||||||||
| Dollar Tree, Inc. | 2.65 | 12/01/31 | 5,000 | 4,342 | ||||||||||
| Ferguson Enterprises, Inc. | 5.00 | 10/03/34 | 10,000 | 9,683 | ||||||||||
| Genuine Parts Co. | 1.88 | 11/01/30 | 5,000 | 4,257 | ||||||||||
| Genuine Parts Co. | 2.75 | 02/01/32 | 5,000 | 4,285 | ||||||||||
| Lowe’s Cos, Inc. | 1.70 | 10/15/30 | 20,000 | 17,184 | ||||||||||
| Lowe’s Cos, Inc. | 2.63 | 04/01/31 | 15,000 | 13,406 | ||||||||||
| Lowe’s Cos, Inc. | 3.75 | 04/01/32 | 10,000 | 9,308 | ||||||||||
| Lowe’s Cos, Inc. | 5.00 | 04/15/33 | 15,000 | 14,955 | ||||||||||
| Lowe’s Cos, Inc. | 5.15 | 07/01/33 | 15,000 | 15,076 | ||||||||||
| McDonald’s Corp. | 3.60 | 07/01/30 | 20,000 | 19,259 | ||||||||||
| McDonald’s Corp. | 4.60 | 09/09/32 | 5,000 | 4,987 | ||||||||||
| McDonald’s Corp. | 4.95 | 08/14/33 | 10,000 | 10,102 | ||||||||||
| McDonald’s Corp. | 4.95 | 03/03/35 | 10,000 | 9,915 | ||||||||||
| McDonald’s Corp. | 5.20 | 05/17/34 | 5,000 | 5,114 | ||||||||||
| O’Reilly Automotive, Inc. | 1.75 | 03/15/31 | 5,000 | 4,220 | ||||||||||
| O’Reilly Automotive, Inc. | 4.70 | 06/15/32 | 5,000 | 4,903 | ||||||||||
| O’Reilly Automotive, Inc. | 5.00 | 08/19/34 | 5,000 | 4,890 | ||||||||||
| Ross Stores, Inc. | 1.88 | 04/15/31 | 5,000 | 4,245 | ||||||||||
| Starbucks Corp. | 2.55 | 11/15/30 | 15,000 | 13,453 | ||||||||||
| Starbucks Corp. | 3.00 | 02/14/32 | 5,000 | 4,460 | ||||||||||
| Starbucks Corp. | 4.80 | 02/15/33 | 5,000 | 4,941 | ||||||||||
| Starbucks Corp. | 4.90 | 02/15/31 | 10,000 | 10,141 | ||||||||||
| Starbucks Corp. | 5.00 | 02/15/34 | 5,000 | 4,960 | ||||||||||
| Tractor Supply Co. | 1.75 | 11/01/30 | 15,000 | 12,795 | ||||||||||
| Tractor Supply Co. | 5.25 | 05/15/33 | 5,000 | 5,027 | ||||||||||
| 306,452 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
146
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 3.8% | ||||||||||||||
| Broadcom, Inc.(1) | 2.45 | 02/15/31 | $ | 30,000 | $ | 26,536 | ||||||||
| Broadcom, Inc.(1) | 2.60 | 02/15/33 | 20,000 | 16,854 | ||||||||||
| Broadcom, Inc.(1) | 3.42 | 04/15/33 | 25,000 | 22,286 | ||||||||||
| Broadcom, Inc.(1) | 3.47 | 04/15/34 | 35,000 | 30,776 | ||||||||||
| Broadcom, Inc. | 4.15 | 11/15/30 | 30,000 | 29,261 | ||||||||||
| Broadcom, Inc.(1) | 4.15 | 04/15/32 | 15,000 | 14,259 | ||||||||||
| Broadcom, Inc. | 4.30 | 11/15/32 | 20,000 | 19,112 | ||||||||||
| Broadcom, Inc. | 4.55 | 02/15/32 | 5,000 | 4,908 | ||||||||||
| Broadcom, Inc. | 4.80 | 10/15/34 | 15,000 | 14,606 | ||||||||||
| Broadcom, Inc. | 5.15 | 11/15/31 | 15,000 | 15,293 | ||||||||||
| Broadcom, Inc. | 5.20 | 04/15/32 | 10,000 | 10,179 | ||||||||||
| Intel Corp. | 2.00 | 08/12/31 | 10,000 | 8,367 | ||||||||||
| Intel Corp. | 4.00 | 12/15/32 | 10,000 | 9,114 | ||||||||||
| Intel Corp. | 4.15 | 08/05/32 | 20,000 | 18,446 | ||||||||||
| Intel Corp. | 5.00 | 02/21/31 | 5,000 | 5,008 | ||||||||||
| Intel Corp. | 5.15 | 02/21/34 | 10,000 | 9,749 | ||||||||||
| Intel Corp. | 5.20 | 02/10/33 | 20,000 | 19,645 | ||||||||||
| Marvell Technology, Inc. | 2.95 | 04/15/31 | 10,000 | 8,988 | ||||||||||
| Marvell Technology, Inc. | 5.95 | 09/15/33 | 5,000 | 5,180 | ||||||||||
| Micron Technology, Inc. | 2.70 | 04/15/32 | 10,000 | 8,485 | ||||||||||
| Micron Technology, Inc. | 5.30 | 01/15/31 | 10,000 | 10,053 | ||||||||||
| Micron Technology, Inc. | 5.65 | 11/01/32 | 5,000 | 5,071 | ||||||||||
| Micron Technology, Inc. | 5.80 | 01/15/35 | 15,000 | 14,941 | ||||||||||
| Micron Technology, Inc. | 5.88 | 02/09/33 | 5,000 | 5,103 | ||||||||||
| Micron Technology, Inc. | 5.88 | 09/15/33 | 10,000 | 10,242 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 2.50 | 05/11/31 | 10,000 | 8,632 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 2.65 | 02/15/32 | 10,000 | 8,426 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.40 | 05/01/30 | 10,000 | 9,273 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 5.00 | 01/15/33 | 10,000 | 9,685 | ||||||||||
| Skyworks Solutions, Inc. | 3.00 | 06/01/31 | 5,000 | 4,311 | ||||||||||
| 382,789 | ||||||||||||||
| SHIPBUILDING – 0.2% | ||||||||||||||
| Huntington Ingalls Industries, Inc. | 4.20 | 05/01/30 | 10,000 | 9,662 | ||||||||||
| Huntington Ingalls Industries, Inc. | 5.75 | 01/15/35 | 5,000 | 5,099 | ||||||||||
| 14,761 | ||||||||||||||
| SOFTWARE – 4.1% | ||||||||||||||
| AppLovin Corp. | 5.38 | 12/01/31 | 15,000 | 15,159 | ||||||||||
| AppLovin Corp. | 5.50 | 12/01/34 | 5,000 | 4,996 | ||||||||||
| Atlassian Corp. | 5.50 | 05/15/34 | 5,000 | 5,034 | ||||||||||
| Autodesk, Inc. | 2.40 | 12/15/31 | 10,000 | 8,654 | ||||||||||
| Broadridge Financial Solutions, Inc. | 2.60 | 05/01/31 | 10,000 | 8,782 | ||||||||||
| Concentrix Corp. | 6.85 | 08/02/33 | 5,000 | 5,072 | ||||||||||
| Electronic Arts, Inc. | 1.85 | 02/15/31 | 10,000 | 8,595 | ||||||||||
| Fidelity National Information Services, Inc. | 2.25 | 03/01/31 | 10,000 | 8,666 | ||||||||||
| Fidelity National Information Services, Inc. | 5.10 | 07/15/32 | 10,000 | 10,013 | ||||||||||
| Fiserv, Inc. | 2.65 | 06/01/30 | 10,000 | 9,039 | ||||||||||
| Fiserv, Inc. | 5.15 | 08/12/34 | 15,000 | 14,755 | ||||||||||
The accompanying notes are an integral part of these financial statements.
147
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 4.1% (Continued) | ||||||||||||||
| Fiserv, Inc. | 5.35 | 03/15/31 | $ | 10,000 | $ | 10,255 | ||||||||
| Fiserv, Inc. | 5.45 | 03/15/34 | 5,000 | 5,020 | ||||||||||
| Fiserv, Inc. | 5.60 | 03/02/33 | 10,000 | 10,194 | ||||||||||
| Fiserv, Inc. | 5.63 | 08/21/33 | 10,000 | 10,188 | ||||||||||
| Oracle Corp. | 2.88 | 03/25/31 | 40,000 | 36,025 | ||||||||||
| Oracle Corp. | 4.30 | 07/08/34 | 20,000 | 18,535 | ||||||||||
| Oracle Corp. | 4.65 | 05/06/30 | 10,000 | 10,025 | ||||||||||
| Oracle Corp. | 4.70 | 09/27/34 | 20,000 | 19,035 | ||||||||||
| Oracle Corp. | 4.90 | 02/06/33 | 20,000 | 19,672 | ||||||||||
| Oracle Corp. | 5.25 | 02/03/32 | 10,000 | 10,142 | ||||||||||
| Oracle Corp. | 6.25 | 11/09/32 | 25,000 | 26,680 | ||||||||||
| Paychex, Inc. | 5.35 | 04/15/32 | 15,000 | 15,249 | ||||||||||
| Paychex, Inc. | 5.60 | 04/15/35 | 15,000 | 15,243 | ||||||||||
| Roper Technologies, Inc. | 1.75 | 02/15/31 | 10,000 | 8,456 | ||||||||||
| Roper Technologies, Inc. | 2.00 | 06/30/30 | 10,000 | 8,758 | ||||||||||
| Roper Technologies, Inc. | 4.75 | 02/15/32 | 5,000 | 4,951 | ||||||||||
| Roper Technologies, Inc. | 4.90 | 10/15/34 | 10,000 | 9,714 | ||||||||||
| Synopsys, Inc. | 5.00 | 04/01/32 | 20,000 | 20,151 | ||||||||||
| Synopsys, Inc. | 5.15 | 04/01/35 | 25,000 | 25,094 | ||||||||||
| Take-Two Interactive Software, Inc. | 4.00 | 04/14/32 | 5,000 | 4,686 | ||||||||||
| VMware LLC | 2.20 | 08/15/31 | 20,000 | 17,014 | ||||||||||
| VMware LLC | 4.70 | 05/15/30 | 5,000 | 4,959 | ||||||||||
| Workday, Inc. | 3.80 | 04/01/32 | 10,000 | 9,257 | ||||||||||
| 418,068 | ||||||||||||||
| TELECOMMUNICATIONS – 7.5% | ||||||||||||||
| AT&T, Inc. | 2.25 | 02/01/32 | 25,000 | 21,252 | ||||||||||
| AT&T, Inc. | 2.55 | 12/01/33 | 40,000 | 33,052 | ||||||||||
| AT&T, Inc. | 2.75 | 06/01/31 | 30,000 | 26,937 | ||||||||||
| AT&T, Inc. | 5.40 | 02/15/34 | 35,000 | 35,743 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.10 | 05/11/33 | 10,000 | 9,907 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.20 | 02/15/34 | 10,000 | 10,072 | ||||||||||
| British Telecommunications PLC | 9.63 | 12/15/30 | 30,000 | 36,743 | ||||||||||
| Deutsche Telekom International Finance BV | 8.75 | 06/15/30 | 35,000 | 41,223 | ||||||||||
| Deutsche Telekom International Finance BV | 9.25 | 06/01/32 | 5,000 | 6,199 | ||||||||||
| Koninklijke KPN NV | 8.38 | 10/01/30 | 5,000 | 5,844 | ||||||||||
| Motorola Solutions, Inc. | 2.30 | 11/15/30 | 10,000 | 8,816 | ||||||||||
| Motorola Solutions, Inc. | 2.75 | 05/24/31 | 5,000 | 4,447 | ||||||||||
| Motorola Solutions, Inc. | 5.40 | 04/15/34 | 10,000 | 10,113 | ||||||||||
| Motorola Solutions, Inc. | 5.60 | 06/01/32 | 10,000 | 10,344 | ||||||||||
| Orange SA | 9.00 | 03/01/31 | 25,000 | 30,417 | ||||||||||
| Rogers Communications, Inc. | 3.80 | 03/15/32 | 20,000 | 18,296 | ||||||||||
| Rogers Communications, Inc. | 5.30 | 02/15/34 | 15,000 | 14,804 | ||||||||||
| Sprint Capital Corp. | 8.75 | 03/15/32 | 20,000 | 24,025 | ||||||||||
| Telefonica Europe BV | 8.25 | 09/15/30 | 15,000 | 17,258 | ||||||||||
| TELUS Corp. | 3.40 | 05/13/32 | 10,000 | 8,943 | ||||||||||
| T-Mobile USA, Inc. | 2.25 | 11/15/31 | 10,000 | 8,592 | ||||||||||
| T-Mobile USA, Inc. | 2.55 | 02/15/31 | 30,000 | 26,621 | ||||||||||
| T-Mobile USA, Inc. | 2.70 | 03/15/32 | 10,000 | 8,691 | ||||||||||
The accompanying notes are an integral part of these financial statements.
148
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 7.5% (Continued) | ||||||||||||||
| T-Mobile USA, Inc. | 2.88 | 02/15/31 | $ | 10,000 | $ | 9,016 | ||||||||
| T-Mobile USA, Inc. | 3.50 | 04/15/31 | 25,000 | 23,251 | ||||||||||
| T-Mobile USA, Inc. | 4.70 | 01/15/35 | 10,000 | 9,603 | ||||||||||
| T-Mobile USA, Inc. | 5.05 | 07/15/33 | 35,000 | 34,784 | ||||||||||
| T-Mobile USA, Inc. | 5.13 | 05/15/32 | 10,000 | 10,119 | ||||||||||
| T-Mobile USA, Inc. | 5.15 | 04/15/34 | 15,000 | 15,019 | ||||||||||
| T-Mobile USA, Inc. | 5.20 | 01/15/33 | 10,000 | 10,060 | ||||||||||
| T-Mobile USA, Inc. | 5.75 | 01/15/34 | 10,000 | 10,402 | ||||||||||
| Verizon Communications, Inc. | 1.50 | 09/18/30 | 10,000 | 8,571 | ||||||||||
| Verizon Communications, Inc. | 1.68 | 10/30/30 | 20,000 | 17,177 | ||||||||||
| Verizon Communications, Inc. | 1.75 | 01/20/31 | 20,000 | 17,114 | ||||||||||
| Verizon Communications, Inc. | 2.36 | 03/15/32 | 50,000 | 42,688 | ||||||||||
| Verizon Communications, Inc. | 2.55 | 03/21/31 | 40,000 | 35,636 | ||||||||||
| Verizon Communications, Inc. | 4.40 | 11/01/34 | 25,000 | 23,592 | ||||||||||
| Verizon Communications, Inc. | 4.50 | 08/10/33 | 20,000 | 19,277 | ||||||||||
| Verizon Communications, Inc. | 4.78 | 02/15/35 | 15,000 | 14,587 | ||||||||||
| Verizon Communications, Inc. | 5.05 | 05/09/33 | 10,000 | 10,084 | ||||||||||
| Verizon Communications, Inc. | 5.25 | 04/02/35 | 30,000 | 30,178 | ||||||||||
| Verizon Communications, Inc. | 7.75 | 12/01/30 | 5,000 | 5,752 | ||||||||||
| 765,249 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.1% | ||||||||||||||
| Hasbro, Inc. | 6.05 | 05/14/34 | 5,000 | 5,083 | ||||||||||
| TRANSPORTATION – 0.5% | ||||||||||||||
| Canadian Pacific Railway Co. | 2.45 | 12/02/31 | 10,000 | 8,705 | ||||||||||
| Canadian Pacific Railway Co. | 5.20 | 03/30/35 | 5,000 | 5,026 | ||||||||||
| FedEx Corp.(1) | 2.40 | 05/15/31 | 10,000 | 8,636 | ||||||||||
| Norfolk Southern Corp. | 3.00 | 03/15/32 | 10,000 | 8,960 | ||||||||||
| Norfolk Southern Corp. | 4.45 | 03/01/33 | 5,000 | 4,839 | ||||||||||
| Norfolk Southern Corp. | 5.05 | 08/01/30 | 10,000 | 10,279 | ||||||||||
| Ryder System, Inc. | 6.60 | 12/01/33 | 5,000 | 5,411 | ||||||||||
| 51,856 | ||||||||||||||
| TRUCKING & LEASING – 0.1% | ||||||||||||||
| GATX Corp. | 4.00 | 06/30/30 | 5,000 | 4,816 | ||||||||||
| GATX Corp. | 6.05 | 03/15/34 | 5,000 | 5,223 | ||||||||||
| 10,039 | ||||||||||||||
| WATER – 0.4% | ||||||||||||||
| American Water Capital Corp. | 2.30 | 06/01/31 | 5,000 | 4,364 | ||||||||||
| American Water Capital Corp. | 2.80 | 05/01/30 | 5,000 | 4,609 | ||||||||||
| American Water Capital Corp. | 4.45 | 06/01/32 | 10,000 | 9,742 | ||||||||||
| American Water Capital Corp. | 5.15 | 03/01/34 | 5,000 | 5,034 | ||||||||||
| American Water Capital Corp. | 5.25 | 03/01/35 | 10,000 | 10,065 | ||||||||||
| Essential Utilities, Inc. | 5.38 | 01/15/34 | 5,000 | 5,019 | ||||||||||
| 38,833 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $10,011,422) | 9,988,576 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
149
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| Skandinaviska Enskilda Banken, Stockholm | 3.68 | 05/01/25 | $ | 34,643 | $ | 34,643 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $34,643) | 34,643 | |||||||||||||
| TOTAL INVESTMENTS – 98.7% (Cost - $10,046,065) | $ | 10,023,219 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.3% | 135,354 | |||||||||||||
| NET ASSETS – 100.0% | $ | 10,158,573 | ||||||||||||
| (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, 2025, amounts to $252,209 and represents 2.5% 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.
150
BONDBLOXX ETF
TRUST
BondBloxx BBB Rated 10+ Year
Corporate Bond ETF
Portfolio of Investments
April 30, 2025
(Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.2% | ||||||||||||||
| ADVERTISING – 0.1% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 3.38 | 03/01/41 | $ | 5,000 | $ | 3,624 | ||||||||
| Interpublic Group of Cos, Inc. | 5.40 | 10/01/48 | 5,000 | 4,538 | ||||||||||
| 8,162 | ||||||||||||||
| AEROSPACE/DEFENSE – 4.8% | ||||||||||||||
| Boeing Co. | 3.75 | 02/01/50 | 10,000 | 6,944 | ||||||||||
| Boeing Co. | 3.90 | 05/01/49 | 5,000 | 3,509 | ||||||||||
| Boeing Co. | 3.95 | 08/01/59 | 10,000 | 6,663 | ||||||||||
| Boeing Co. | 5.71 | 05/01/40 | 25,000 | 24,301 | ||||||||||
| Boeing Co. | 5.81 | 05/01/50 | 45,000 | 42,248 | ||||||||||
| Boeing Co. | 5.93 | 05/01/60 | 30,000 | 27,798 | ||||||||||
| Boeing Co. | 6.86 | 05/01/54 | 20,000 | 21,381 | ||||||||||
| Boeing Co. | 6.88 | 03/15/39 | 5,000 | 5,371 | ||||||||||
| Boeing Co. | 7.01 | 05/01/64 | 10,000 | 10,679 | ||||||||||
| Howmet Aerospace, Inc. | 5.95 | 02/01/37 | 5,000 | 5,217 | ||||||||||
| L3Harris Technologies, Inc. | 5.05 | 04/27/45 | 5,000 | 4,583 | ||||||||||
| L3Harris Technologies, Inc. | 5.50 | 08/15/54 | 5,000 | 4,731 | ||||||||||
| L3Harris Technologies, Inc. | 5.60 | 07/31/53 | 5,000 | 4,822 | ||||||||||
| Northrop Grumman Corp. | 3.85 | 04/15/45 | 5,000 | 3,881 | ||||||||||
| Northrop Grumman Corp. | 4.03 | 10/15/47 | 15,000 | 11,746 | ||||||||||
| Northrop Grumman Corp. | 4.75 | 06/01/43 | 10,000 | 8,891 | ||||||||||
| Northrop Grumman Corp. | 4.95 | 03/15/53 | 10,000 | 8,851 | ||||||||||
| Northrop Grumman Corp. | 5.20 | 06/01/54 | 10,000 | 9,193 | ||||||||||
| Northrop Grumman Corp. | 5.25 | 05/01/50 | 10,000 | 9,258 | ||||||||||
| RTX Corp. | 2.82 | 09/01/51 | 15,000 | 9,032 | ||||||||||
| RTX Corp. | 3.03 | 03/15/52 | 5,000 | 3,138 | ||||||||||
| RTX Corp. | 3.13 | 07/01/50 | 10,000 | 6,484 | ||||||||||
| RTX Corp. | 3.75 | 11/01/46 | 10,000 | 7,496 | ||||||||||
| RTX Corp. | 4.05 | 05/04/47 | 5,000 | 3,907 | ||||||||||
| RTX Corp. | 4.35 | 04/15/47 | 10,000 | 8,207 | ||||||||||
| RTX Corp. | 4.45 | 11/16/38 | 10,000 | 9,080 | ||||||||||
| RTX Corp. | 4.50 | 06/01/42 | 25,000 | 21,740 | ||||||||||
| RTX Corp. | 4.63 | 11/16/48 | 10,000 | 8,466 | ||||||||||
| RTX Corp. | 4.88 | 10/15/40 | 5,000 | 4,632 | ||||||||||
| RTX Corp. | 5.38 | 02/27/53 | 10,000 | 9,410 | ||||||||||
| RTX Corp. | 5.70 | 04/15/40 | 5,000 | 5,187 | ||||||||||
| RTX Corp. | 6.13 | 07/15/38 | 5,000 | 5,312 | ||||||||||
| RTX Corp. | 6.40 | 03/15/54 | 15,000 | 16,137 | ||||||||||
| 338,295 | ||||||||||||||
| AGRICULTURE – 2.7% | ||||||||||||||
| Altria Group, Inc. | 3.40 | 02/04/41 | 15,000 | 10,822 | ||||||||||
| Altria Group, Inc. | 3.70 | 02/04/51 | 10,000 | 6,754 | ||||||||||
| Altria Group, Inc. | 3.88 | 09/16/46 | 10,000 | 7,180 | ||||||||||
| Altria Group, Inc. | 4.00 | 02/04/61 | 5,000 | 3,408 | ||||||||||
| Altria Group, Inc. | 4.25 | 08/09/42 | 5,000 | 3,962 | ||||||||||
| Altria Group, Inc. | 4.45 | 05/06/50 | 10,000 | 7,646 | ||||||||||
| Altria Group, Inc. | 4.50 | 05/02/43 | 5,000 | 4,055 | ||||||||||
The accompanying notes are an integral part of these financial statements.
151
BONDBLOXX ETF
TRUST
BondBloxx BBB Rated 10+ Year
Corporate Bond ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AGRICULTURE – 2.7% (Continued) | ||||||||||||||
| Altria Group, Inc. | 5.38 | 01/31/44 | $ | 15,000 | $ | 13,957 | ||||||||
| Altria Group, Inc. | 5.80 | 02/14/39 | 15,000 | 14,882 | ||||||||||
| Altria Group, Inc. | 5.95 | 02/14/49 | 20,000 | 19,423 | ||||||||||
| BAT Capital Corp. | 4.39 | 08/15/37 | 20,000 | 17,577 | ||||||||||
| BAT Capital Corp. | 4.54 | 08/15/47 | 20,000 | 15,727 | ||||||||||
| BAT Capital Corp. | 4.76 | 09/06/49 | 5,000 | 4,006 | ||||||||||
| BAT Capital Corp. | 5.28 | 04/02/50 | 5,000 | 4,296 | ||||||||||
| BAT Capital Corp. | 5.63 | 08/15/35 | 5,000 | 5,028 | ||||||||||
| BAT Capital Corp. | 6.25 | 08/15/55 | 5,000 | 4,894 | ||||||||||
| BAT Capital Corp. | 7.08 | 08/02/43 | 5,000 | 5,365 | ||||||||||
| BAT Capital Corp. | 7.08 | 08/02/53 | 15,000 | 16,254 | ||||||||||
| Reynolds American, Inc. | 5.70 | 08/15/35 | 5,000 | 5,029 | ||||||||||
| Reynolds American, Inc. | 5.85 | 08/15/45 | 15,000 | 14,081 | ||||||||||
| Reynolds American, Inc. | 6.15 | 09/15/43 | 5,000 | 4,931 | ||||||||||
| 189,277 | ||||||||||||||
| AUTO MANUFACTURERS – 1.0% | ||||||||||||||
| Ford Motor Co. | 4.75 | 01/15/43 | 15,000 | 11,232 | ||||||||||
| Ford Motor Co. | 5.29 | 12/08/46 | 10,000 | 7,839 | ||||||||||
| General Motors Co. | 5.15 | 04/01/38 | 5,000 | 4,503 | ||||||||||
| General Motors Co. | 5.20 | 04/01/45 | 10,000 | 8,229 | ||||||||||
| General Motors Co. | 5.40 | 04/01/48 | 5,000 | 4,181 | ||||||||||
| General Motors Co. | 5.95 | 04/01/49 | 10,000 | 8,935 | ||||||||||
| General Motors Co. | 6.25 | 10/02/43 | 15,000 | 14,167 | ||||||||||
| General Motors Co. | 6.60 | 04/01/36 | 10,000 | 10,289 | ||||||||||
| General Motors Co. | 6.75 | 04/01/46 | 5,000 | 4,949 | ||||||||||
| 74,324 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.3% | ||||||||||||||
| Aptiv Swiss Holdings Ltd. | 3.10 | 12/01/51 | 10,000 | 5,674 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 4.15 | 05/01/52 | 10,000 | 6,834 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 5.75 | 09/13/54 | 5,000 | 4,294 | ||||||||||
| BorgWarner, Inc. | 4.38 | 03/15/45 | 5,000 | 3,990 | ||||||||||
| Lear Corp. | 5.25 | 05/15/49 | 5,000 | 4,176 | ||||||||||
| 24,968 | ||||||||||||||
| BANKS – 4.0% | ||||||||||||||
| Barclays PLC | 3.33 | 11/24/42 | 10,000 | 7,172 | ||||||||||
| Barclays PLC | 3.81 | 03/10/42 | 5,000 | 3,824 | ||||||||||
| Barclays PLC | 4.95 | 01/10/47 | 15,000 | 13,258 | ||||||||||
| Barclays PLC | 5.25 | 08/17/45 | 10,000 | 9,402 | ||||||||||
| Barclays PLC | 6.04 | 03/12/55 | 10,000 | 9,944 | ||||||||||
| Citigroup, Inc. | 4.75 | 05/18/46 | 15,000 | 12,451 | ||||||||||
| Citigroup, Inc. | 5.30 | 05/06/44 | 10,000 | 9,136 | ||||||||||
| Citigroup, Inc. | 6.13 | 08/25/36 | 5,000 | 5,093 | ||||||||||
| Citigroup, Inc. | 6.68 | 09/13/43 | 5,000 | 5,288 | ||||||||||
| Cooperatieve Rabobank UA | 5.25 | 08/04/45 | 15,000 | 13,785 | ||||||||||
| Cooperatieve Rabobank UA | 5.75 | 12/01/43 | 5,000 | 4,862 | ||||||||||
| Fifth Third Bancorp | 8.25 | 03/01/38 | 5,000 | 5,890 | ||||||||||
| Goldman Sachs Group, Inc. | 5.15 | 05/22/45 | 15,000 | 13,295 | ||||||||||
The accompanying notes are an integral part of these financial statements.
152
BONDBLOXX ETF
TRUST
BondBloxx BBB Rated 10+ Year
Corporate Bond ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 4.0% (Continued) | ||||||||||||||
| Goldman Sachs Group, Inc. | 6.45 | 05/01/36 | $ | 10,000 | $ | 10,541 | ||||||||
| Goldman Sachs Group, Inc. | 6.75 | 10/01/37 | 45,000 | 48,393 | ||||||||||
| HSBC Holdings PLC | 5.25 | 03/14/44 | 10,000 | 9,305 | ||||||||||
| HSBC Holdings PLC | 6.50 | 05/02/36 | 15,000 | 16,003 | ||||||||||
| HSBC Holdings PLC | 6.50 | 05/02/36 | 15,000 | 15,688 | ||||||||||
| HSBC Holdings PLC | 6.50 | 09/15/37 | 15,000 | 15,929 | ||||||||||
| HSBC Holdings PLC | 6.80 | 06/01/38 | 5,000 | 5,352 | ||||||||||
| Lloyds Banking Group PLC | 3.37 | 12/14/46 | 15,000 | 10,488 | ||||||||||
| Lloyds Banking Group PLC | 4.34 | 01/09/48 | 15,000 | 11,535 | ||||||||||
| Regions Bank/Birmingham AL | 6.45 | 06/26/37 | 5,000 | 5,063 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 2.93 | 09/17/41 | 5,000 | 3,573 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 5.84 | 07/09/44 | 10,000 | 10,008 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 6.18 | 07/13/43 | 10,000 | 10,567 | ||||||||||
| 285,845 | ||||||||||||||
| BEVERAGES – 0.9% | ||||||||||||||
| Constellation Brands, Inc. | 3.75 | 05/01/50 | 5,000 | 3,547 | ||||||||||
| Constellation Brands, Inc. | 4.10 | 02/15/48 | 5,000 | 3,797 | ||||||||||
| Constellation Brands, Inc. | 4.50 | 05/09/47 | 5,000 | 4,066 | ||||||||||
| Constellation Brands, Inc. | 5.25 | 11/15/48 | 5,000 | 4,475 | ||||||||||
| Fomento Economico Mexicano SAB de CV | 3.50 | 01/16/50 | 10,000 | 7,179 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.35 | 03/15/51 | 5,000 | 3,307 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.80 | 05/01/50 | 6,000 | 4,370 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.50 | 11/15/45 | 5,000 | 4,150 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.50 | 04/15/52 | 10,000 | 8,177 | ||||||||||
| Molson Coors Beverage Co. | 4.20 | 07/15/46 | 15,000 | 11,983 | ||||||||||
| Molson Coors Beverage Co. | 5.00 | 05/01/42 | 10,000 | 9,091 | ||||||||||
| 64,142 | ||||||||||||||
| BIOTECHNOLOGY – 3.3% | ||||||||||||||
| Amgen, Inc. | 2.80 | 08/15/41 | 10,000 | 7,075 | ||||||||||
| Amgen, Inc. | 3.00 | 01/15/52 | 10,000 | 6,267 | ||||||||||
| Amgen, Inc. | 3.15 | 02/21/40 | 15,000 | 11,351 | ||||||||||
| Amgen, Inc. | 3.38 | 02/21/50 | 15,000 | 10,270 | ||||||||||
| Amgen, Inc. | 4.20 | 02/22/52 | 5,000 | 3,854 | ||||||||||
| Amgen, Inc. | 4.40 | 05/01/45 | 20,000 | 16,697 | ||||||||||
| Amgen, Inc. | 4.40 | 02/22/62 | 10,000 | 7,641 | ||||||||||
| Amgen, Inc. | 4.56 | 06/15/48 | 10,000 | 8,303 | ||||||||||
| Amgen, Inc. | 4.66 | 06/15/51 | 30,000 | 25,067 | ||||||||||
| Amgen, Inc. | 4.88 | 03/01/53 | 10,000 | 8,567 | ||||||||||
| Amgen, Inc. | 4.95 | 10/01/41 | 5,000 | 4,557 | ||||||||||
| Amgen, Inc. | 5.15 | 11/15/41 | 5,000 | 4,612 | ||||||||||
| Amgen, Inc. | 5.60 | 03/02/43 | 20,000 | 19,516 | ||||||||||
| Amgen, Inc. | 5.65 | 03/02/53 | 40,000 | 38,393 | ||||||||||
| Amgen, Inc. | 5.75 | 03/02/63 | 20,000 | 19,074 | ||||||||||
| Baxalta, Inc. | 5.25 | 06/23/45 | 5,000 | 4,624 | ||||||||||
| Biogen, Inc. | 3.15 | 05/01/50 | 10,000 | 6,101 | ||||||||||
| Biogen, Inc. | 3.25 | 02/15/51 | 5,000 | 3,126 | ||||||||||
| Biogen, Inc. | 5.20 | 09/15/45 | 10,000 | 8,822 | ||||||||||
The accompanying notes are an integral part of these financial statements.
153
BONDBLOXX ETF
TRUST
BondBloxx BBB Rated 10+ Year
Corporate Bond ETF
Portfolio of Investments (Continued)
April 30,
2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BIOTECHNOLOGY – 3.3% (Continued) | ||||||||||||||
| Regeneron Pharmaceuticals, Inc. | 2.80 | 09/15/50 | $ | 5,000 | $ | 2,874 | ||||||||
| Royalty Pharma PLC | 3.30 | 09/02/40 | 5,000 | 3,673 | ||||||||||
| Royalty Pharma PLC | 3.35 | 09/02/51 | 5,000 | 3,119 | ||||||||||
| Royalty Pharma PLC | 3.55 | 09/02/50 | 10,000 | 6,568 | ||||||||||
| Royalty Pharma PLC | 5.90 | 09/02/54 | 5,000 | 4,720 | ||||||||||
| 234,871 | ||||||||||||||
| BUILDING MATERIALS – 0.9% | ||||||||||||||
| Carrier Global Corp. | 3.38 | 04/05/40 | 10,000 | 7,818 | ||||||||||
| Carrier Global Corp. | 3.58 | 04/05/50 | 13,000 | 9,336 | ||||||||||
| Carrier Global Corp. | 6.20 | 03/15/54 | 3,000 | 3,155 | ||||||||||
| CRH America Finance, Inc. | 5.88 | 01/09/55 | 5,000 | 4,946 | ||||||||||
| Johnson Controls International PLC | 4.50 | 02/15/47 | 5,000 | 4,110 | ||||||||||
| Martin Marietta Materials, Inc. | 3.20 | 07/15/51 | 10,000 | 6,406 | ||||||||||
| Martin Marietta Materials, Inc. | 4.25 | 12/15/47 | 5,000 | 3,977 | ||||||||||
| Martin Marietta Materials, Inc. | 5.50 | 12/01/54 | 5,000 | 4,663 | ||||||||||
| Owens Corning | 4.30 | 07/15/47 | 5,000 | 3,952 | ||||||||||
| Owens Corning | 5.95 | 06/15/54 | 5,000 | 4,935 | ||||||||||
| Trane Technologies Global Holding Co. Ltd. | 5.75 | 06/15/43 | 5,000 | 5,009 | ||||||||||
| Vulcan Materials Co. | 4.50 | 06/15/47 | 5,000 | 4,144 | ||||||||||
| Vulcan Materials Co. | 5.70 | 12/01/54 | 5,000 | 4,799 | ||||||||||
| 67,250 | ||||||||||||||
| CHEMICALS – 2.9% | ||||||||||||||
| CF Industries, Inc. | 4.95 | 06/01/43 | 5,000 | 4,272 | ||||||||||
| CF Industries, Inc. | 5.38 | 03/15/44 | 5,000 | 4,500 | ||||||||||
| Dow Chemical Co. | 3.60 | 11/15/50 | 10,000 | 6,551 | ||||||||||
| Dow Chemical Co. | 4.38 | 11/15/42 | 10,000 | 7,881 | ||||||||||
| Dow Chemical Co. | 5.25 | 11/15/41 | 5,000 | 4,446 | ||||||||||
| Dow Chemical Co. | 5.55 | 11/30/48 | 10,000 | 8,936 | ||||||||||
| Dow Chemical Co. | 5.60 | 02/15/54 | 5,000 | 4,430 | ||||||||||
| Dow Chemical Co. | 5.95 | 03/15/55 | 5,000 | 4,655 | ||||||||||
| Dow Chemical Co. | 6.90 | 05/15/53 | 5,000 | 5,238 | ||||||||||
| Dow Chemical Co. | 9.40 | 05/15/39 | 10,000 | 12,784 | ||||||||||
| DuPont de Nemours, Inc. | 5.32 | 11/15/38 | 8,000 | 8,202 | ||||||||||
| DuPont de Nemours, Inc. | 5.42 | 11/15/48 | 20,000 | 19,557 | ||||||||||
| Eastman Chemical Co. | 4.65 | 10/15/44 | 5,000 | 4,113 | ||||||||||
| Eastman Chemical Co. | 4.80 | 09/01/42 | 5,000 | 4,279 | ||||||||||
| FMC Corp. | 4.50 | 10/01/49 | 5,000 | 3,606 | ||||||||||
| FMC Corp. | 6.38 | 05/18/53 | 5,000 | 4,591 | ||||||||||
| International Flavors & Fragrances, Inc. | 4.38 | 06/01/47 | 5,000 | 3,792 | ||||||||||
| International Flavors & Fragrances, Inc. | 5.00 | 09/26/48 | 5,000 | 4,168 | ||||||||||
| LYB International Finance BV | 4.88 | 03/15/44 | 5,000 | 4,146 | ||||||||||
| LYB International Finance BV | 5.25 | 07/15/43 | 5,000 | 4,361 | ||||||||||
| LYB International Finance III LLC | 3.38 | 10/01/40 | 10,000 | 7,186 | ||||||||||
| LYB International Finance III LLC | 3.80 | 10/01/60 | 5,000 | 3,122 | ||||||||||
| LYB International Finance III LLC | 4.20 | 10/15/49 | 10,000 | 7,177 | ||||||||||
| LYB International Finance III LLC | 4.20 | 05/01/50 | 10,000 | 7,204 | ||||||||||
| LyondellBasell Industries NV | 4.63 | 02/26/55 | 10,000 | 7,598 | ||||||||||
The accompanying notes are an integral part of these financial statements.
154
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 2.9% (Continued) | ||||||||||||||
| Mosaic Co. | 5.63 | 11/15/43 | $ | 5,000 | $ | 4,751 | ||||||||
| Nutrien Ltd. | 3.95 | 05/13/50 | 5,000 | 3,667 | ||||||||||
| Nutrien Ltd. | 5.00 | 04/01/49 | 5,000 | 4,398 | ||||||||||
| Nutrien Ltd. | 5.80 | 03/27/53 | 5,000 | 4,856 | ||||||||||
| Sherwin-Williams Co. | 2.90 | 03/15/52 | 5,000 | 2,994 | ||||||||||
| Sherwin-Williams Co. | 3.30 | 05/15/50 | 5,000 | 3,320 | ||||||||||
| Sherwin-Williams Co. | 3.80 | 08/15/49 | 5,000 | 3,602 | ||||||||||
| Sherwin-Williams Co. | 4.50 | 06/01/47 | 10,000 | 8,301 | ||||||||||
| Westlake Corp. | 4.38 | 11/15/47 | 10,000 | 7,675 | ||||||||||
| Westlake Corp. | 5.00 | 08/15/46 | 5,000 | 4,259 | ||||||||||
| 204,618 | ||||||||||||||
| COMMERCIAL SERVICES – 0.4% | ||||||||||||||
| Global Payments, Inc. | 4.15 | 08/15/49 | 10,000 | 7,155 | ||||||||||
| Global Payments, Inc. | 5.95 | 08/15/52 | 5,000 | 4,580 | ||||||||||
| Moody’s Corp. | 2.75 | 08/19/41 | 5,000 | 3,447 | ||||||||||
| Moody’s Corp. | 3.10 | 11/29/61 | 5,000 | 3,048 | ||||||||||
| Moody’s Corp. | 5.25 | 07/15/44 | 5,000 | 4,688 | ||||||||||
| Quanta Services, Inc. | 3.05 | 10/01/41 | 5,000 | 3,464 | ||||||||||
| Verisk Analytics, Inc. | 3.63 | 05/15/50 | 5,000 | 3,511 | ||||||||||
| 29,893 | ||||||||||||||
| COMPUTERS – 1.0% | ||||||||||||||
| Dell International LLC/EMC Corp. | 3.38 | 12/15/41 | 10,000 | 7,195 | ||||||||||
| Dell International LLC/EMC Corp. | 3.45 | 12/15/51 | 5,000 | 3,308 | ||||||||||
| Dell International LLC/EMC Corp. | 8.10 | 07/15/36 | 10,000 | 11,783 | ||||||||||
| Dell International LLC/EMC Corp. | 8.35 | 07/15/46 | 5,000 | 6,089 | ||||||||||
| Hewlett Packard Enterprise Co. | 5.60 | 10/15/54 | 15,000 | 13,866 | ||||||||||
| Hewlett Packard Enterprise Co. | 6.20 | 10/15/35 | 5,000 | 5,201 | ||||||||||
| Hewlett Packard Enterprise Co. | 6.35 | 10/15/45 | 10,000 | 9,937 | ||||||||||
| HP, Inc. | 6.00 | 09/15/41 | 10,000 | 9,766 | ||||||||||
| Kyndryl Holdings, Inc. | 4.10 | 10/15/41 | 5,000 | 3,771 | ||||||||||
| 70,916 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.1% | ||||||||||||||
| Haleon US Capital LLC | 4.00 | 03/24/52 | 5,000 | 3,813 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.6% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.85 | 10/29/41 | 15,000 | 11,628 | ||||||||||
| Ares Management Corp. | 5.60 | 10/11/54 | 5,000 | 4,573 | ||||||||||
| Jefferies Financial Group, Inc. | 6.25 | 01/15/36 | 5,000 | 5,084 | ||||||||||
| Nasdaq, Inc. | 2.50 | 12/21/40 | 5,000 | 3,413 | ||||||||||
| Nasdaq, Inc. | 5.95 | 08/15/53 | 10,000 | 10,052 | ||||||||||
| Nasdaq, Inc. | 6.10 | 06/28/63 | 5,000 | 5,017 | ||||||||||
| 39,767 | ||||||||||||||
| ELECTRIC – 5.5% | ||||||||||||||
| AEP Texas, Inc. | 5.25 | 05/15/52 | 5,000 | 4,362 | ||||||||||
| Appalachian Power Co. | 3.70 | 05/01/50 | 5,000 | 3,476 | ||||||||||
| Appalachian Power Co. | 7.00 | 04/01/38 | 5,000 | 5,576 | ||||||||||
| Arizona Public Service Co. | 3.35 | 05/15/50 | 5,000 | 3,355 | ||||||||||
The accompanying notes are an integral part of these financial statements.
155
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 5.5% (Continued) | ||||||||||||||
| Arizona Public Service Co. | 4.35 | 11/15/45 | $ | 5,000 | $ | 4,040 | ||||||||
| CMS Energy Corp. | 6.50 | 06/01/55 | 10,000 | 9,773 | ||||||||||
| Constellation Energy Generation LLC | 5.60 | 06/15/42 | 5,000 | 4,781 | ||||||||||
| Constellation Energy Generation LLC | 5.75 | 03/15/54 | 10,000 | 9,463 | ||||||||||
| Constellation Energy Generation LLC | 6.25 | 10/01/39 | 10,000 | 10,409 | ||||||||||
| Constellation Energy Generation LLC | 6.50 | 10/01/53 | 5,000 | 5,177 | ||||||||||
| Dominion Energy, Inc. | 4.85 | 08/15/52 | 5,000 | 4,175 | ||||||||||
| Dominion Energy, Inc. | 4.90 | 08/01/41 | 5,000 | 4,399 | ||||||||||
| Dominion Energy, Inc. | 5.95 | 06/15/35 | 5,000 | 5,181 | ||||||||||
| Dominion Energy, Inc. | 6.63 | 05/15/55 | 10,000 | 9,879 | ||||||||||
| Duke Energy Carolinas LLC | 6.10 | 06/01/37 | 5,000 | 5,279 | ||||||||||
| Duke Energy Corp. | 3.30 | 06/15/41 | 10,000 | 7,289 | ||||||||||
| Duke Energy Corp. | 3.50 | 06/15/51 | 10,000 | 6,657 | ||||||||||
| Duke Energy Corp. | 4.80 | 12/15/45 | 5,000 | 4,243 | ||||||||||
| Duke Energy Corp. | 5.00 | 08/15/52 | 20,000 | 17,149 | ||||||||||
| Duke Energy Corp. | 5.80 | 06/15/54 | 10,000 | 9,637 | ||||||||||
| Duke Energy Corp. | 6.10 | 09/15/53 | 5,000 | 5,006 | ||||||||||
| Emera US Finance LP | 4.75 | 06/15/46 | 10,000 | 8,079 | ||||||||||
| Entergy Corp. | 3.75 | 06/15/50 | 5,000 | 3,472 | ||||||||||
| Eversource Energy | 3.45 | 01/15/50 | 5,000 | 3,392 | ||||||||||
| Exelon Corp. | 4.10 | 03/15/52 | 5,000 | 3,767 | ||||||||||
| Exelon Corp. | 4.45 | 04/15/46 | 5,000 | 4,052 | ||||||||||
| Exelon Corp. | 4.70 | 04/15/50 | 5,000 | 4,122 | ||||||||||
| Exelon Corp. | 5.10 | 06/15/45 | 5,000 | 4,484 | ||||||||||
| Exelon Corp. | 5.60 | 03/15/53 | 10,000 | 9,398 | ||||||||||
| Exelon Corp. | 5.63 | 06/15/35 | 5,000 | 5,066 | ||||||||||
| Exelon Corp. | 5.88 | 03/15/55 | 5,000 | 4,883 | ||||||||||
| FirstEnergy Corp. | 3.40 | 03/01/50 | 10,000 | 6,623 | ||||||||||
| FirstEnergy Corp. | 4.85 | 07/15/47 | 5,000 | 4,182 | ||||||||||
| Iberdrola International BV | 6.75 | 07/15/36 | 5,000 | 5,626 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.00 | 01/15/52 | 5,000 | 3,045 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.25 | 02/28/53 | 10,000 | 8,989 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.55 | 03/15/54 | 5,000 | 4,676 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.90 | 03/15/55 | 5,000 | 4,872 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.50 | 08/15/55 | 10,000 | 10,078 | ||||||||||
| Oglethorpe Power Corp. | 4.50 | 04/01/47 | 5,000 | 4,038 | ||||||||||
| Oglethorpe Power Corp. | 5.05 | 10/01/48 | 5,000 | 4,352 | ||||||||||
| Pacific Gas & Electric Co. | 3.30 | 08/01/40 | 10,000 | 7,235 | ||||||||||
| Pacific Gas & Electric Co. | 3.50 | 08/01/50 | 15,000 | 9,600 | ||||||||||
| Pacific Gas & Electric Co. | 3.95 | 12/01/47 | 10,000 | 7,082 | ||||||||||
| Pacific Gas & Electric Co. | 4.00 | 12/01/46 | 5,000 | 3,584 | ||||||||||
| Pacific Gas & Electric Co. | 4.50 | 07/01/40 | 20,000 | 16,648 | ||||||||||
| Pacific Gas & Electric Co. | 4.75 | 02/15/44 | 5,000 | 4,095 | ||||||||||
| Pacific Gas & Electric Co. | 4.95 | 07/01/50 | 25,000 | 20,299 | ||||||||||
| Pacific Gas & Electric Co. | 5.25 | 03/01/52 | 5,000 | 4,182 | ||||||||||
| Pacific Gas & Electric Co. | 6.15 | 03/01/55 | 5,000 | 4,703 | ||||||||||
| Pacific Gas & Electric Co. | 6.70 | 04/01/53 | 5,000 | 5,055 | ||||||||||
| Pacific Gas & Electric Co. | 6.75 | 01/15/53 | 15,000 | 15,152 | ||||||||||
The accompanying notes are an integral part of these financial statements.
156
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 5.5% (Continued) | ||||||||||||||
| Sempra | 3.80 | 02/01/38 | $ | 5,000 | $ | 4,048 | ||||||||
| Sempra | 4.00 | 02/01/48 | 10,000 | 7,277 | ||||||||||
| Sempra | 6.00 | 10/15/39 | 5,000 | 4,992 | ||||||||||
| Southern Co. | 4.25 | 07/01/36 | 5,000 | 4,532 | ||||||||||
| Southern Co. | 4.40 | 07/01/46 | 15,000 | 12,203 | ||||||||||
| Southern Power Co. | 5.15 | 09/15/41 | 5,000 | 4,654 | ||||||||||
| Southwestern Electric Power Co. | 3.25 | 11/01/51 | 5,000 | 3,159 | ||||||||||
| Xcel Energy, Inc. | 3.50 | 12/01/49 | 5,000 | 3,345 | ||||||||||
| 388,347 | ||||||||||||||
| ELECTRONICS – 0.1% | ||||||||||||||
| Fortive Corp. | 4.30 | 06/15/46 | 5,000 | 3,956 | ||||||||||
| ENTERTAINMENT – 1.1% | ||||||||||||||
| Warnermedia Holdings, Inc. | 5.05 | 03/15/42 | 35,000 | 26,367 | ||||||||||
| Warnermedia Holdings, Inc. | 5.14 | 03/15/52 | 55,000 | 37,803 | ||||||||||
| Warnermedia Holdings, Inc. | 5.39 | 03/15/62 | 25,000 | 17,031 | ||||||||||
| 81,201 | ||||||||||||||
| FOOD – 3.7% | ||||||||||||||
| Conagra Brands, Inc. | 5.30 | 11/01/38 | 5,000 | 4,736 | ||||||||||
| Conagra Brands, Inc. | 5.40 | 11/01/48 | 10,000 | 8,884 | ||||||||||
| General Mills, Inc. | 3.00 | 02/01/51 | 5,000 | 3,143 | ||||||||||
| J M Smucker Co. | 4.38 | 03/15/45 | 5,000 | 4,051 | ||||||||||
| J M Smucker Co. | 6.50 | 11/15/43 | 5,000 | 5,308 | ||||||||||
| J M Smucker Co. | 6.50 | 11/15/53 | 10,000 | 10,630 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 4.38 | 02/02/52 | 15,000 | 11,559 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 6.50 | 12/01/52 | 10,000 | 10,278 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 7.25 | 11/15/53 | 5,000 | 5,579 | ||||||||||
| JBS USA LUX Sarl/JBS USA Food Co./JBS USA Foods Group(1) | 6.38 | 02/25/55 | 5,000 | 5,079 | ||||||||||
| Kellanova | 4.50 | 04/01/46 | 5,000 | 4,271 | ||||||||||
| Kraft Heinz Foods Co. | 4.38 | 06/01/46 | 20,000 | 16,196 | ||||||||||
| Kraft Heinz Foods Co. | 4.88 | 10/01/49 | 10,000 | 8,565 | ||||||||||
| Kraft Heinz Foods Co. | 5.00 | 07/15/35 | 5,000 | 4,945 | ||||||||||
| Kraft Heinz Foods Co. | 5.00 | 06/04/42 | 15,000 | 13,551 | ||||||||||
| Kraft Heinz Foods Co. | 5.20 | 07/15/45 | 15,000 | 13,610 | ||||||||||
| Kraft Heinz Foods Co. | 5.50 | 06/01/50 | 5,000 | 4,691 | ||||||||||
| Kraft Heinz Foods Co. | 6.50 | 02/09/40 | 5,000 | 5,376 | ||||||||||
| Kraft Heinz Foods Co. | 6.88 | 01/26/39 | 5,000 | 5,546 | ||||||||||
| Kroger Co. | 3.95 | 01/15/50 | 5,000 | 3,727 | ||||||||||
| Kroger Co. | 4.45 | 02/01/47 | 15,000 | 12,260 | ||||||||||
| Kroger Co. | 4.65 | 01/15/48 | 10,000 | 8,378 | ||||||||||
| Kroger Co. | 5.40 | 01/15/49 | 5,000 | 4,621 | ||||||||||
| Kroger Co. | 5.50 | 09/15/54 | 15,000 | 14,030 | ||||||||||
| Kroger Co. | 5.65 | 09/15/64 | 10,000 | 9,290 | ||||||||||
| Mondelez International, Inc. | 2.63 | 09/04/50 | 10,000 | 5,916 | ||||||||||
| Sysco Corp. | 3.15 | 12/14/51 | 5,000 | 3,128 | ||||||||||
| Sysco Corp. | 4.45 | 03/15/48 | 5,000 | 4,032 | ||||||||||
| Sysco Corp. | 4.50 | 04/01/46 | 5,000 | 4,106 | ||||||||||
| Sysco Corp. | 4.85 | 10/01/45 | 5,000 | 4,308 | ||||||||||
The accompanying notes are an integral part of these financial statements.
157
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 3.7% (Continued) | ||||||||||||||
| Sysco Corp. | 6.60 | 04/01/50 | $ | 10,000 | $ | 10,611 | ||||||||
| The Campbell’s Co. | 3.13 | 04/24/50 | 5,000 | 3,221 | ||||||||||
| The Campbell’s Co. | 4.80 | 03/15/48 | 5,000 | 4,301 | ||||||||||
| Tyson Foods, Inc. | 4.55 | 06/02/47 | 5,000 | 4,096 | ||||||||||
| Tyson Foods, Inc. | 5.10 | 09/28/48 | 15,000 | 13,299 | ||||||||||
| Tyson Foods, Inc. | 5.15 | 08/15/44 | 5,000 | 4,487 | ||||||||||
| 259,809 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.2% | ||||||||||||||
| International Paper Co. | 4.35 | 08/15/48 | 15,000 | 11,868 | ||||||||||
| International Paper Co. | 4.80 | 06/15/44 | 5,000 | 4,240 | ||||||||||
| 16,108 | ||||||||||||||
| GAS – 0.6% | ||||||||||||||
| NiSource, Inc. | 3.95 | 03/30/48 | 5,000 | 3,804 | ||||||||||
| NiSource, Inc. | 4.38 | 05/15/47 | 10,000 | 8,140 | ||||||||||
| NiSource, Inc. | 4.80 | 02/15/44 | 10,000 | 8,806 | ||||||||||
| NiSource, Inc. | 5.25 | 02/15/43 | 5,000 | 4,628 | ||||||||||
| NiSource, Inc. | 5.85 | 04/01/55 | 5,000 | 4,887 | ||||||||||
| Southern Co. Gas Capital Corp. | 3.95 | 10/01/46 | 5,000 | 3,788 | ||||||||||
| Southern Co. Gas Capital Corp. | 4.40 | 06/01/43 | 5,000 | 4,155 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.88 | 03/15/41 | 5,000 | 5,015 | ||||||||||
| 43,223 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Stanley Black & Decker, Inc. | 2.75 | 11/15/50 | 5,000 | 2,737 | ||||||||||
| Stanley Black & Decker, Inc. | 4.85 | 11/15/48 | 5,000 | 3,994 | ||||||||||
| 6,731 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 0.6% | ||||||||||||||
| Baxter International, Inc. | 3.13 | 12/01/51 | 5,000 | 3,075 | ||||||||||
| GE HealthCare Technologies, Inc. | 6.38 | 11/22/52 | 10,000 | 10,523 | ||||||||||
| Koninklijke Philips NV | 5.00 | 03/15/42 | 5,000 | 4,495 | ||||||||||
| Koninklijke Philips NV | 6.88 | 03/11/38 | 5,000 | 5,403 | ||||||||||
| Solventum Corp. | 5.90 | 04/30/54 | 10,000 | 9,674 | ||||||||||
| STERIS Irish FinCo UnLtd. Co. | 3.75 | 03/15/51 | 5,000 | 3,493 | ||||||||||
| Stryker Corp. | 2.90 | 06/15/50 | 5,000 | 3,214 | ||||||||||
| Stryker Corp. | 4.63 | 03/15/46 | 5,000 | 4,363 | ||||||||||
| 44,240 | ||||||||||||||
| HEALTHCARE-SERVICES – 4.8% | ||||||||||||||
| Aetna, Inc. | 4.50 | 05/15/42 | 10,000 | 8,181 | ||||||||||
| Aetna, Inc. | 6.63 | 06/15/36 | 5,000 | 5,320 | ||||||||||
| Aetna, Inc. | 6.75 | 12/15/37 | 5,000 | 5,335 | ||||||||||
| Cigna Group | 3.20 | 03/15/40 | 5,000 | 3,805 | ||||||||||
| Cigna Group | 3.40 | 03/15/50 | 5,000 | 3,336 | ||||||||||
| Cigna Group | 3.40 | 03/15/51 | 10,000 | 6,611 | ||||||||||
| Cigna Group | 3.88 | 10/15/47 | 5,000 | 3,688 | ||||||||||
| Cigna Group | 4.80 | 08/15/38 | 20,000 | 18,604 | ||||||||||
| Cigna Group | 4.80 | 07/15/46 | 15,000 | 12,939 | ||||||||||
The accompanying notes are an integral part of these financial statements.
158
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 4.8% (Continued) | ||||||||||||||
| Cigna Group | 4.90 | 12/15/48 | $ | 25,000 | $ | 21,567 | ||||||||
| Cigna Group | 5.60 | 02/15/54 | 15,000 | 14,133 | ||||||||||
| Elevance Health, Inc. | 3.60 | 03/15/51 | 10,000 | 6,992 | ||||||||||
| Elevance Health, Inc. | 3.70 | 09/15/49 | 10,000 | 7,111 | ||||||||||
| Elevance Health, Inc. | 4.38 | 12/01/47 | 15,000 | 12,164 | ||||||||||
| Elevance Health, Inc. | 4.55 | 05/15/52 | 10,000 | 8,120 | ||||||||||
| Elevance Health, Inc. | 4.63 | 05/15/42 | 5,000 | 4,341 | ||||||||||
| Elevance Health, Inc. | 4.65 | 01/15/43 | 10,000 | 8,709 | ||||||||||
| Elevance Health, Inc. | 4.65 | 08/15/44 | 5,000 | 4,318 | ||||||||||
| Elevance Health, Inc. | 5.10 | 01/15/44 | 5,000 | 4,567 | ||||||||||
| Elevance Health, Inc. | 5.13 | 02/15/53 | 10,000 | 8,851 | ||||||||||
| Elevance Health, Inc. | 5.65 | 06/15/54 | 10,000 | 9,523 | ||||||||||
| Elevance Health, Inc. | 5.70 | 02/15/55 | 15,000 | 14,388 | ||||||||||
| Elevance Health, Inc. | 5.85 | 11/01/64 | 5,000 | 4,816 | ||||||||||
| Elevance Health, Inc. | 6.10 | 10/15/52 | 5,000 | 5,069 | ||||||||||
| HCA, Inc. | 3.50 | 07/15/51 | 15,000 | 9,725 | ||||||||||
| HCA, Inc. | 4.63 | 03/15/52 | 15,000 | 11,800 | ||||||||||
| HCA, Inc. | 5.13 | 06/15/39 | 10,000 | 9,220 | ||||||||||
| HCA, Inc. | 5.25 | 06/15/49 | 15,000 | 13,033 | ||||||||||
| HCA, Inc. | 5.50 | 06/15/47 | 10,000 | 9,077 | ||||||||||
| HCA, Inc. | 5.90 | 06/01/53 | 10,000 | 9,437 | ||||||||||
| HCA, Inc. | 5.95 | 09/15/54 | 10,000 | 9,475 | ||||||||||
| HCA, Inc. | 6.00 | 04/01/54 | 10,000 | 9,529 | ||||||||||
| HCA, Inc. | 6.10 | 04/01/64 | 5,000 | 4,758 | ||||||||||
| HCA, Inc. | 6.20 | 03/01/55 | 10,000 | 9,827 | ||||||||||
| Humana, Inc. | 3.95 | 08/15/49 | 5,000 | 3,563 | ||||||||||
| Humana, Inc. | 4.95 | 10/01/44 | 5,000 | 4,260 | ||||||||||
| Humana, Inc. | 5.50 | 03/15/53 | 5,000 | 4,429 | ||||||||||
| Humana, Inc. | 5.55 | 05/01/35 | 5,000 | 4,963 | ||||||||||
| Humana, Inc. | 5.75 | 04/15/54 | 10,000 | 9,182 | ||||||||||
| Humana, Inc. | 6.00 | 05/01/55 | 5,000 | 4,753 | ||||||||||
| Laboratory Corp. of America Holdings | 4.70 | 02/01/45 | 10,000 | 8,516 | ||||||||||
| Mount Sinai Hospital | 3.74 | 07/01/49 | 5,000 | 3,293 | ||||||||||
| 341,328 | ||||||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| MDC Holdings, Inc. | 6.00 | 01/15/43 | 5,000 | 4,626 | ||||||||||
| HOME FURNISHINGS – 0.1% | ||||||||||||||
| Leggett & Platt, Inc. | 3.50 | 11/15/51 | 5,000 | 2,963 | ||||||||||
| Whirlpool Corp. | 4.50 | 06/01/46 | 5,000 | 3,385 | ||||||||||
| Whirlpool Corp. | 4.60 | 05/15/50 | 5,000 | 3,306 | ||||||||||
| 9,654 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.1% | ||||||||||||||
| Church & Dwight Co., Inc. | 5.00 | 06/15/52 | 5,000 | 4,419 | ||||||||||
The accompanying notes are an integral part of these financial statements.
159
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 3.5% | ||||||||||||||
| Allstate Corp. | 4.20 | 12/15/46 | $ | 10,000 | $ | 7,943 | ||||||||
| Allstate Corp. | 5.55 | 05/09/35 | 5,000 | 5,138 | ||||||||||
| Allstate Corp. | 6.50 | 05/15/57 | 5,000 | 4,990 | ||||||||||
| American Financial Group, Inc./OH | 4.50 | 06/15/47 | 5,000 | 4,031 | ||||||||||
| American International Group, Inc. | 4.38 | 06/30/50 | 5,000 | 4,076 | ||||||||||
| American International Group, Inc. | 4.50 | 07/16/44 | 5,000 | 4,260 | ||||||||||
| American International Group, Inc. | 4.75 | 04/01/48 | 10,000 | 8,664 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 3.90 | 02/28/52 | 5,000 | 3,647 | ||||||||||
| Aon Global Ltd. | 4.60 | 06/14/44 | 5,000 | 4,231 | ||||||||||
| Aon Global Ltd. | 4.75 | 05/15/45 | 10,000 | 8,647 | ||||||||||
| Aon North America, Inc. | 5.75 | 03/01/54 | 15,000 | 14,531 | ||||||||||
| Arch Capital Group Ltd. | 3.64 | 06/30/50 | 10,000 | 7,151 | ||||||||||
| Arthur J Gallagher & Co. | 3.50 | 05/20/51 | 10,000 | 6,803 | ||||||||||
| Arthur J Gallagher & Co. | 5.55 | 02/15/55 | 10,000 | 9,413 | ||||||||||
| Arthur J Gallagher & Co. | 5.75 | 03/02/53 | 5,000 | 4,809 | ||||||||||
| Arthur J Gallagher & Co. | 5.75 | 07/15/54 | 5,000 | 4,831 | ||||||||||
| Arthur J Gallagher & Co. | 6.75 | 02/15/54 | 5,000 | 5,443 | ||||||||||
| Athene Holding Ltd. | 3.95 | 05/25/51 | 5,000 | 3,446 | ||||||||||
| Athene Holding Ltd. | 6.25 | 04/01/54 | 10,000 | 9,704 | ||||||||||
| Brighthouse Financial, Inc. | 4.70 | 06/22/47 | 10,000 | 7,488 | ||||||||||
| Brown & Brown, Inc. | 4.95 | 03/17/52 | 5,000 | 4,141 | ||||||||||
| Corebridge Financial, Inc. | 4.40 | 04/05/52 | 10,000 | 7,818 | ||||||||||
| Equitable Holdings, Inc. | 5.00 | 04/20/48 | 10,000 | 8,693 | ||||||||||
| Everest Reinsurance Holdings, Inc. | 3.13 | 10/15/52 | 5,000 | 3,033 | ||||||||||
| Everest Reinsurance Holdings, Inc. | 3.50 | 10/15/50 | 10,000 | 6,629 | ||||||||||
| Fairfax Financial Holdings Ltd. | 6.10 | 03/15/55 | 5,000 | 4,761 | ||||||||||
| Fairfax Financial Holdings Ltd. | 6.35 | 03/22/54 | 10,000 | 10,061 | ||||||||||
| Hartford Insurance Group, Inc. | 2.90 | 09/15/51 | 5,000 | 3,091 | ||||||||||
| Hartford Insurance Group, Inc. | 3.60 | 08/19/49 | 10,000 | 7,201 | ||||||||||
| Lincoln National Corp. | 7.00 | 06/15/40 | 5,000 | 5,521 | ||||||||||
| Markel Group, Inc. | 3.45 | 05/07/52 | 5,000 | 3,303 | ||||||||||
| Markel Group, Inc. | 4.15 | 09/17/50 | 10,000 | 7,534 | ||||||||||
| Markel Group, Inc. | 5.00 | 05/20/49 | 5,000 | 4,316 | ||||||||||
| Markel Group, Inc. | 6.00 | 05/16/54 | 5,000 | 4,962 | ||||||||||
| MetLife, Inc. | 6.40 | 12/15/36 | 10,000 | 9,904 | ||||||||||
| MetLife, Inc. | 10.75 | 08/01/39 | 5,000 | 6,535 | ||||||||||
| Old Republic International Corp. | 3.85 | 06/11/51 | 5,000 | 3,460 | ||||||||||
| Reinsurance Group of America, Inc. | 6.65 | 09/15/55 | 5,000 | 4,865 | ||||||||||
| Unum Group | 4.13 | 06/15/51 | 5,000 | 3,694 | ||||||||||
| Unum Group | 5.75 | 08/15/42 | 5,000 | 4,811 | ||||||||||
| Willis North America, Inc. | 3.88 | 09/15/49 | 5,000 | 3,604 | ||||||||||
| Willis North America, Inc. | 5.90 | 03/05/54 | 5,000 | 4,846 | ||||||||||
| 252,029 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
160
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INTERNET – 0.4% | ||||||||||||||
| eBay, Inc. | 3.65 | 05/10/51 | $ | 10,000 | $ | 7,025 | ||||||||
| eBay, Inc. | 4.00 | 07/15/42 | 5,000 | 3,974 | ||||||||||
| Netflix, Inc. | 5.40 | 08/15/54 | 5,000 | 4,858 | ||||||||||
| Uber Technologies, Inc. | 5.35 | 09/15/54 | 10,000 | 9,135 | ||||||||||
| 24,992 | ||||||||||||||
| IRON/STEEL – 0.6% | ||||||||||||||
| ArcelorMittal SA | 6.35 | 06/17/54 | 5,000 | 4,833 | ||||||||||
| ArcelorMittal SA | 7.00 | 10/15/39 | 5,000 | 5,448 | ||||||||||
| Steel Dynamics, Inc. | 5.25 | 05/15/35 | 5,000 | 4,952 | ||||||||||
| Vale Overseas Ltd. | 6.40 | 06/28/54 | 15,000 | 14,470 | ||||||||||
| Vale Overseas Ltd. | 6.88 | 11/21/36 | 10,000 | 10,677 | ||||||||||
| Vale Overseas Ltd. | 6.88 | 11/10/39 | 5,000 | 5,325 | ||||||||||
| 45,705 | ||||||||||||||
| LODGING – 0.1% | ||||||||||||||
| Marriott International, Inc./MD | 5.50 | 04/15/37 | 10,000 | 9,761 | ||||||||||
| MACHINERY-DIVERSIFIED – 0.2% | ||||||||||||||
| Ingersoll Rand, Inc. | 5.70 | 06/15/54 | 5,000 | 4,820 | ||||||||||
| Otis Worldwide Corp. | 3.11 | 02/15/40 | 5,000 | 3,774 | ||||||||||
| Otis Worldwide Corp. | 3.36 | 02/15/50 | 10,000 | 6,755 | ||||||||||
| 15,349 | ||||||||||||||
| MEDIA – 5.0% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.50 | 06/01/41 | 10,000 | 6,822 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.50 | 03/01/42 | 10,000 | 6,736 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.70 | 04/01/51 | 15,000 | 9,298 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.85 | 04/01/61 | 15,000 | 8,930 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.90 | 06/01/52 | 20,000 | 12,726 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.95 | 06/30/62 | 10,000 | 6,009 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.40 | 12/01/61 | 10,000 | 6,525 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.80 | 03/01/50 | 25,000 | 18,652 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.13 | 07/01/49 | 10,000 | 7,828 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.25 | 04/01/53 | 10,000 | 7,941 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.38 | 04/01/38 | 5,000 | 4,521 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.38 | 05/01/47 | 20,000 | 16,264 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.50 | 04/01/63 | 5,000 | 3,940 | ||||||||||
The accompanying notes are an integral part of these financial statements.
161
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 5.0% (Continued) | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.75 | 04/01/48 | $ | 20,000 | $ | 17,103 | ||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.38 | 10/23/35 | 15,000 | 15,192 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.48 | 10/23/45 | 30,000 | 27,989 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.83 | 10/23/55 | 5,000 | 4,776 | ||||||||||
| Discovery Communications LLC | 4.00 | 09/15/55 | 5,000 | 2,911 | ||||||||||
| Discovery Communications LLC | 5.00 | 09/20/37 | 5,000 | 4,043 | ||||||||||
| Discovery Communications LLC | 5.20 | 09/20/47 | 5,000 | 3,738 | ||||||||||
| Discovery Communications LLC | 6.35 | 06/01/40 | 10,000 | 8,818 | ||||||||||
| Fox Corp. | 5.48 | 01/25/39 | 10,000 | 9,584 | ||||||||||
| Fox Corp. | 5.58 | 01/25/49 | 15,000 | 13,684 | ||||||||||
| Grupo Televisa SAB | 5.00 | 05/13/45 | 5,000 | 3,342 | ||||||||||
| Grupo Televisa SAB | 5.25 | 05/24/49 | 5,000 | 3,359 | ||||||||||
| Grupo Televisa SAB | 6.13 | 01/31/46 | 5,000 | 3,867 | ||||||||||
| Grupo Televisa SAB | 6.63 | 01/15/40 | 5,000 | 4,414 | ||||||||||
| Paramount Global | 4.38 | 03/15/43 | 15,000 | 10,824 | ||||||||||
| Paramount Global | 4.60 | 01/15/45 | 5,000 | 3,629 | ||||||||||
| Paramount Global | 4.85 | 07/01/42 | 5,000 | 3,863 | ||||||||||
| Paramount Global | 4.90 | 08/15/44 | 5,000 | 3,764 | ||||||||||
| Paramount Global | 4.95 | 05/19/50 | 10,000 | 7,374 | ||||||||||
| Paramount Global | 5.85 | 09/01/43 | 10,000 | 8,501 | ||||||||||
| Paramount Global | 6.88 | 04/30/36 | 5,000 | 5,023 | ||||||||||
| Time Warner Cable LLC | 4.50 | 09/15/42 | 15,000 | 11,298 | ||||||||||
| Time Warner Cable LLC | 5.50 | 09/01/41 | 10,000 | 8,565 | ||||||||||
| Time Warner Cable LLC | 5.88 | 11/15/40 | 10,000 | 9,141 | ||||||||||
| Time Warner Cable LLC | 6.55 | 05/01/37 | 15,000 | 14,812 | ||||||||||
| Time Warner Cable LLC | 6.75 | 06/15/39 | 15,000 | 14,969 | ||||||||||
| Time Warner Cable LLC | 7.30 | 07/01/38 | 15,000 | 15,630 | ||||||||||
| 356,405 | ||||||||||||||
| MINING – 1.3% | ||||||||||||||
| Barrick North America Finance LLC | 5.70 | 05/30/41 | 5,000 | 4,895 | ||||||||||
| Barrick North America Finance LLC | 5.75 | 05/01/43 | 5,000 | 4,924 | ||||||||||
| Barrick PD Australia Finance Pty Ltd. | 5.95 | 10/15/39 | 10,000 | 10,160 | ||||||||||
| Freeport-McMoRan, Inc. | 5.45 | 03/15/43 | 15,000 | 13,889 | ||||||||||
| Newmont Corp. | 4.88 | 03/15/42 | 10,000 | 9,093 | ||||||||||
| Newmont Corp. | 6.25 | 10/01/39 | 5,000 | 5,376 | ||||||||||
| Southern Copper Corp. | 5.25 | 11/08/42 | 10,000 | 9,090 | ||||||||||
| Southern Copper Corp. | 5.88 | 04/23/45 | 10,000 | 9,613 | ||||||||||
| Southern Copper Corp. | 6.75 | 04/16/40 | 10,000 | 10,722 | ||||||||||
| Southern Copper Corp. | 7.50 | 07/27/35 | 10,000 | 11,368 | ||||||||||
| 89,130 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.1% | ||||||||||||||
| Textron, Inc. | 5.50 | 05/15/35 | 5,000 | 4,968 | ||||||||||
The accompanying notes are an integral part of these financial statements.
162
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 3.6% | ||||||||||||||
| APA Corp.(1) | 5.10 | 09/01/40 | $ | 5,000 | $ | 4,105 | ||||||||
| APA Corp.(1) | 6.75 | 02/15/55 | 5,000 | 4,411 | ||||||||||
| Canadian Natural Resources Ltd. | 4.95 | 06/01/47 | 10,000 | 8,215 | ||||||||||
| Canadian Natural Resources Ltd. | 6.25 | 03/15/38 | 5,000 | 5,052 | ||||||||||
| Cenovus Energy, Inc. | 3.75 | 02/15/52 | 5,000 | 3,268 | ||||||||||
| Cenovus Energy, Inc. | 5.40 | 06/15/47 | 5,000 | 4,300 | ||||||||||
| Cenovus Energy, Inc. | 6.75 | 11/15/39 | 5,000 | 5,264 | ||||||||||
| Continental Resources, Inc. | 4.90 | 06/01/44 | 5,000 | 3,862 | ||||||||||
| Coterra Energy, Inc. | 5.90 | 02/15/55 | 5,000 | 4,519 | ||||||||||
| Devon Energy Corp. | 4.75 | 05/15/42 | 5,000 | 3,965 | ||||||||||
| Devon Energy Corp. | 5.00 | 06/15/45 | 5,000 | 3,984 | ||||||||||
| Devon Energy Corp. | 5.60 | 07/15/41 | 5,000 | 4,421 | ||||||||||
| Devon Energy Corp. | 5.75 | 09/15/54 | 15,000 | 12,842 | ||||||||||
| Diamondback Energy, Inc. | 4.25 | 03/15/52 | 5,000 | 3,681 | ||||||||||
| Diamondback Energy, Inc. | 4.40 | 03/24/51 | 5,000 | 3,800 | ||||||||||
| Diamondback Energy, Inc. | 5.75 | 04/18/54 | 15,000 | 13,426 | ||||||||||
| Diamondback Energy, Inc. | 5.90 | 04/18/64 | 10,000 | 8,916 | ||||||||||
| Diamondback Energy, Inc. | 6.25 | 03/15/53 | 5,000 | 4,740 | ||||||||||
| Hess Corp. | 5.60 | 02/15/41 | 10,000 | 9,936 | ||||||||||
| Hess Corp. | 5.80 | 04/01/47 | 5,000 | 4,916 | ||||||||||
| Hess Corp. | 6.00 | 01/15/40 | 5,000 | 5,237 | ||||||||||
| Marathon Petroleum Corp. | 4.75 | 09/15/44 | 5,000 | 4,018 | ||||||||||
| Marathon Petroleum Corp. | 6.50 | 03/01/41 | 10,000 | 10,074 | ||||||||||
| Occidental Petroleum Corp. | 6.05 | 10/01/54 | 10,000 | 8,628 | ||||||||||
| Occidental Petroleum Corp. | 6.20 | 03/15/40 | 5,000 | 4,596 | ||||||||||
| Occidental Petroleum Corp. | 6.45 | 09/15/36 | 15,000 | 14,630 | ||||||||||
| Occidental Petroleum Corp. | 6.60 | 03/15/46 | 5,000 | 4,726 | ||||||||||
| Phillips 66 Co. | 3.30 | 03/15/52 | 10,000 | 6,146 | ||||||||||
| Phillips 66 Co. | 4.88 | 11/15/44 | 15,000 | 12,465 | ||||||||||
| Phillips 66 Co. | 5.88 | 05/01/42 | 10,000 | 9,598 | ||||||||||
| Phillips 66 Co. | 4.90 | 10/01/46 | 10,000 | 8,265 | ||||||||||
| Phillips 66 Co. | 5.65 | 06/15/54 | 5,000 | 4,433 | ||||||||||
| Suncor Energy, Inc. | 3.75 | 03/04/51 | 5,000 | 3,366 | ||||||||||
| Suncor Energy, Inc. | 4.00 | 11/15/47 | 10,000 | 7,183 | ||||||||||
| Suncor Energy, Inc. | 6.80 | 05/15/38 | 3,000 | 3,173 | ||||||||||
| Suncor Energy, Inc. | 6.85 | 06/01/39 | 5,000 | 5,393 | ||||||||||
| Valero Energy Corp. | 3.65 | 12/01/51 | 10,000 | 6,558 | ||||||||||
| Valero Energy Corp. | 4.00 | 06/01/52 | 5,000 | 3,451 | ||||||||||
| Valero Energy Corp. | 4.90 | 03/15/45 | 5,000 | 4,298 | ||||||||||
| Valero Energy Corp. | 6.63 | 06/15/37 | 10,000 | 10,454 | ||||||||||
| Woodside Finance Ltd. | 5.70 | 09/12/54 | 5,000 | 4,456 | ||||||||||
| 258,771 | ||||||||||||||
| OIL & GAS SERVICES – 0.8% | ||||||||||||||
| Halliburton Co. | 4.50 | 11/15/41 | 5,000 | 4,147 | ||||||||||
| Halliburton Co. | 4.75 | 08/01/43 | 10,000 | 8,404 | ||||||||||
| Halliburton Co. | 4.85 | 11/15/35 | 15,000 | 14,125 | ||||||||||
| Halliburton Co. | 5.00 | 11/15/45 | 10,000 | 8,564 | ||||||||||
The accompanying notes are an integral part of these financial statements.
163
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS SERVICES – 0.8% (Continued) | ||||||||||||||
| Halliburton Co. | 7.45 | 09/15/39 | $ | 10,000 | $ | 11,428 | ||||||||
| NOV, Inc. | 3.95 | 12/01/42 | 10,000 | 6,987 | ||||||||||
| 53,655 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.2% | ||||||||||||||
| Packaging Corp. of America | 3.05 | 10/01/51 | 5,000 | 3,078 | ||||||||||
| Smurfit Kappa Treasury ULC(1) | 5.78 | 04/03/54 | 10,000 | 9,611 | ||||||||||
| Sonoco Products Co. | 5.75 | 11/01/40 | 5,000 | 4,964 | ||||||||||
| 17,653 | ||||||||||||||
| PHARMACEUTICALS – 4.1% | ||||||||||||||
| Becton Dickinson & Co. | 3.79 | 05/20/50 | 5,000 | 3,692 | ||||||||||
| Becton Dickinson & Co. | 4.67 | 06/06/47 | 10,000 | 8,499 | ||||||||||
| Becton Dickinson & Co. | 4.69 | 12/15/44 | 10,000 | 8,603 | ||||||||||
| Cardinal Health, Inc. | 4.37 | 06/15/47 | 5,000 | 3,998 | ||||||||||
| Cardinal Health, Inc. | 5.75 | 11/15/54 | 5,000 | 4,796 | ||||||||||
| Cencora, Inc. | 4.25 | 03/01/45 | 5,000 | 4,052 | ||||||||||
| Cencora, Inc. | 4.30 | 12/15/47 | 5,000 | 3,992 | ||||||||||
| CVS Health Corp. | 4.13 | 04/01/40 | 5,000 | 4,065 | ||||||||||
| CVS Health Corp. | 4.78 | 03/25/38 | 40,000 | 36,121 | ||||||||||
| CVS Health Corp. | 4.88 | 07/20/35 | 5,000 | 4,702 | ||||||||||
| CVS Health Corp. | 5.05 | 03/25/48 | 65,000 | 55,331 | ||||||||||
| CVS Health Corp. | 5.13 | 07/20/45 | 30,000 | 26,045 | ||||||||||
| CVS Health Corp. | 5.30 | 12/05/43 | 5,000 | 4,470 | ||||||||||
| CVS Health Corp. | 5.63 | 02/21/53 | 10,000 | 9,086 | ||||||||||
| CVS Health Corp. | 5.88 | 06/01/53 | 10,000 | 9,392 | ||||||||||
| CVS Health Corp. | 6.00 | 06/01/44 | 5,000 | 4,847 | ||||||||||
| CVS Health Corp. | 6.00 | 06/01/63 | 5,000 | 4,651 | ||||||||||
| CVS Health Corp. | 6.05 | 06/01/54 | 10,000 | 9,659 | ||||||||||
| Mylan, Inc. | 5.20 | 04/15/48 | 5,000 | 3,733 | ||||||||||
| Mylan, Inc. | 5.40 | 11/29/43 | 5,000 | 3,975 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.03 | 07/09/40 | 10,000 | 7,364 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.18 | 07/09/50 | 20,000 | 12,861 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.38 | 07/09/60 | 15,000 | 9,417 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.65 | 07/05/44 | 5,000 | 4,892 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.65 | 07/05/54 | 5,000 | 4,785 | ||||||||||
| Utah Acquisition Sub, Inc. | 5.25 | 06/15/46 | 10,000 | 7,597 | ||||||||||
| Viatris, Inc. | 3.85 | 06/22/40 | 10,000 | 7,031 | ||||||||||
| Viatris, Inc. | 4.00 | 06/22/50 | 15,000 | 9,457 | ||||||||||
| Zoetis, Inc. | 3.00 | 05/15/50 | 5,000 | 3,240 | ||||||||||
| Zoetis, Inc. | 3.95 | 09/12/47 | 5,000 | 3,912 | ||||||||||
| Zoetis, Inc. | 4.70 | 02/01/43 | 10,000 | 9,008 | ||||||||||
| 293,273 | ||||||||||||||
| PIPELINES – 8.7% | ||||||||||||||
| Cheniere Corpus Christi Holdings LLC | 2.74 | 12/31/39 | 5,000 | 3,938 | ||||||||||
| Columbia Pipeline Group, Inc. | 5.80 | 06/01/45 | 5,000 | 4,828 | ||||||||||
| Eastern Energy Gas Holdings LLC | 5.65 | 10/15/54 | 5,000 | 4,716 | ||||||||||
| Eastern Energy Gas Holdings LLC | 6.20 | 01/15/55 | 5,000 | 5,095 | ||||||||||
| Enbridge Energy Partners LP | 5.50 | 09/15/40 | 10,000 | 9,492 | ||||||||||
The accompanying notes are an integral part of these financial statements.
164
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 8.7% (Continued) | ||||||||||||||
| Enbridge Energy Partners LP | 7.38 | 10/15/45 | $ | 5,000 | $ | 5,625 | ||||||||
| Enbridge, Inc. | 3.40 | 08/01/51 | 10,000 | 6,483 | ||||||||||
| Enbridge, Inc. | 4.50 | 06/10/44 | 5,000 | 4,044 | ||||||||||
| Enbridge, Inc. | 5.50 | 12/01/46 | 5,000 | 4,665 | ||||||||||
| Enbridge, Inc. | 5.95 | 04/05/54 | 5,000 | 4,840 | ||||||||||
| Enbridge, Inc. | 6.70 | 11/15/53 | 10,000 | 10,567 | ||||||||||
| Energy Transfer LP | 5.00 | 05/15/44 | 5,000 | 4,122 | ||||||||||
| Energy Transfer LP | 5.00 | 05/15/50 | 15,000 | 12,030 | ||||||||||
| Energy Transfer LP | 5.15 | 03/15/45 | 10,000 | 8,472 | ||||||||||
| Energy Transfer LP | 5.30 | 04/01/44 | 5,000 | 4,320 | ||||||||||
| Energy Transfer LP | 5.30 | 04/15/47 | 5,000 | 4,223 | ||||||||||
| Energy Transfer LP | 5.35 | 05/15/45 | 10,000 | 8,671 | ||||||||||
| Energy Transfer LP | 5.40 | 10/01/47 | 10,000 | 8,616 | ||||||||||
| Energy Transfer LP | 5.95 | 05/15/54 | 10,000 | 9,081 | ||||||||||
| Energy Transfer LP | 6.00 | 06/15/48 | 10,000 | 9,323 | ||||||||||
| Energy Transfer LP | 6.05 | 06/01/41 | 5,000 | 4,806 | ||||||||||
| Energy Transfer LP | 6.05 | 09/01/54 | 10,000 | 9,152 | ||||||||||
| Energy Transfer LP | 6.13 | 12/15/45 | 10,000 | 9,514 | ||||||||||
| Energy Transfer LP | 6.20 | 04/01/55 | 10,000 | 9,383 | ||||||||||
| Energy Transfer LP | 6.25 | 04/15/49 | 15,000 | 14,265 | ||||||||||
| Energy Transfer LP | 6.50 | 02/01/42 | 10,000 | 9,934 | ||||||||||
| Energy Transfer LP | 7.50 | 07/01/38 | 5,000 | 5,564 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.00 | 08/15/42 | 5,000 | 4,328 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.00 | 03/01/43 | 5,000 | 4,342 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.40 | 09/01/44 | 5,000 | 4,526 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.50 | 03/01/44 | 5,000 | 4,563 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.38 | 03/01/41 | 5,000 | 5,064 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.50 | 09/01/39 | 5,000 | 5,202 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.95 | 01/15/38 | 10,000 | 10,876 | ||||||||||
| Kinder Morgan, Inc. | 3.25 | 08/01/50 | 5,000 | 3,107 | ||||||||||
| Kinder Morgan, Inc. | 3.60 | 02/15/51 | 10,000 | 6,647 | ||||||||||
| Kinder Morgan, Inc. | 5.05 | 02/15/46 | 5,000 | 4,270 | ||||||||||
| Kinder Morgan, Inc. | 5.20 | 03/01/48 | 5,000 | 4,335 | ||||||||||
| Kinder Morgan, Inc. | 5.45 | 08/01/52 | 5,000 | 4,444 | ||||||||||
| Kinder Morgan, Inc. | 5.55 | 06/01/45 | 15,000 | 13,738 | ||||||||||
| Kinder Morgan, Inc. | 5.95 | 08/01/54 | 10,000 | 9,471 | ||||||||||
| MPLX LP | 4.50 | 04/15/38 | 15,000 | 12,913 | ||||||||||
| MPLX LP | 4.70 | 04/15/48 | 15,000 | 11,784 | ||||||||||
| MPLX LP | 4.90 | 04/15/58 | 5,000 | 3,912 | ||||||||||
| MPLX LP | 4.95 | 03/14/52 | 10,000 | 8,067 | ||||||||||
| MPLX LP | 5.20 | 03/01/47 | 10,000 | 8,569 | ||||||||||
| MPLX LP | 5.50 | 02/15/49 | 15,000 | 13,184 | ||||||||||
| MPLX LP | 5.65 | 03/01/53 | 5,000 | 4,438 | ||||||||||
| MPLX LP | 5.95 | 04/01/55 | 5,000 | 4,609 | ||||||||||
| ONEOK Partners LP | 6.13 | 02/01/41 | 5,000 | 4,911 | ||||||||||
| ONEOK Partners LP | 6.65 | 10/01/36 | 5,000 | 5,298 | ||||||||||
| ONEOK Partners LP | 6.85 | 10/15/37 | 5,000 | 5,310 | ||||||||||
| ONEOK, Inc. | 3.95 | 03/01/50 | 5,000 | 3,438 | ||||||||||
The accompanying notes are an integral part of these financial statements.
165
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 8.7% (Continued) | ||||||||||||||
| ONEOK, Inc. | 4.25 | 09/15/46 | $ | 5,000 | $ | 3,682 | ||||||||
| ONEOK, Inc. | 4.45 | 09/01/49 | 5,000 | 3,728 | ||||||||||
| ONEOK, Inc. | 4.85 | 02/01/49 | 5,000 | 3,967 | ||||||||||
| ONEOK, Inc. | 4.95 | 07/13/47 | 5,000 | 4,058 | ||||||||||
| ONEOK, Inc. | 5.15 | 10/15/43 | 5,000 | 4,339 | ||||||||||
| ONEOK, Inc. | 5.20 | 07/15/48 | 10,000 | 8,441 | ||||||||||
| ONEOK, Inc. | 5.45 | 06/01/47 | 5,000 | 4,324 | ||||||||||
| ONEOK, Inc. | 5.70 | 11/01/54 | 10,000 | 8,884 | ||||||||||
| ONEOK, Inc. | 5.85 | 11/01/64 | 5,000 | 4,467 | ||||||||||
| ONEOK, Inc. | 6.63 | 09/01/53 | 15,000 | 14,978 | ||||||||||
| Plains All American Pipeline LP | 5.95 | 06/15/35 | 15,000 | 15,015 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.70 | 06/15/44 | 5,000 | 3,997 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.90 | 02/15/45 | 5,000 | 4,092 | ||||||||||
| South Bow USA Infrastructure Holdings LLC(1) | 6.18 | 10/01/54 | 5,000 | 4,639 | ||||||||||
| Spectra Energy Partners LP | 4.50 | 03/15/45 | 5,000 | 3,987 | ||||||||||
| Targa Resources Corp. | 4.95 | 04/15/52 | 5,000 | 4,037 | ||||||||||
| Targa Resources Corp. | 5.55 | 08/15/35 | 10,000 | 9,808 | ||||||||||
| Targa Resources Corp. | 6.13 | 05/15/55 | 10,000 | 9,474 | ||||||||||
| Targa Resources Corp. | 6.25 | 07/01/52 | 5,000 | 4,815 | ||||||||||
| Targa Resources Corp. | 6.50 | 02/15/53 | 5,000 | 4,977 | ||||||||||
| TransCanada PipeLines Ltd. | 4.88 | 05/15/48 | 5,000 | 4,350 | ||||||||||
| TransCanada PipeLines Ltd. | 5.10 | 03/15/49 | 5,000 | 4,490 | ||||||||||
| TransCanada PipeLines Ltd. | 5.85 | 03/15/36 | 5,000 | 5,065 | ||||||||||
| TransCanada PipeLines Ltd. | 6.20 | 10/15/37 | 10,000 | 10,239 | ||||||||||
| TransCanada PipeLines Ltd. | 7.25 | 08/15/38 | 10,000 | 11,104 | ||||||||||
| TransCanada PipeLines Ltd. | 7.63 | 01/15/39 | 10,000 | 11,485 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 3.95 | 05/15/50 | 5,000 | 3,674 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 4.60 | 03/15/48 | 5,000 | 4,135 | ||||||||||
| Western Midstream Operating LP | 5.25 | 02/01/50 | 10,000 | 8,066 | ||||||||||
| Western Midstream Operating LP | 5.30 | 03/01/48 | 10,000 | 8,075 | ||||||||||
| Williams Cos, Inc. | 3.50 | 10/15/51 | 5,000 | 3,309 | ||||||||||
| Williams Cos, Inc. | 4.85 | 03/01/48 | 5,000 | 4,191 | ||||||||||
| Williams Cos, Inc. | 4.90 | 01/15/45 | 5,000 | 4,286 | ||||||||||
| Williams Cos, Inc. | 5.10 | 09/15/45 | 10,000 | 8,791 | ||||||||||
| Williams Cos, Inc. | 5.30 | 08/15/52 | 5,000 | 4,434 | ||||||||||
| Williams Cos, Inc. | 5.40 | 03/04/44 | 5,000 | 4,597 | ||||||||||
| Williams Cos, Inc. | 5.75 | 06/24/44 | 5,000 | 4,800 | ||||||||||
| Williams Cos, Inc. | 5.80 | 11/15/54 | 5,000 | 4,750 | ||||||||||
| Williams Cos, Inc. | 6.00 | 03/15/55 | 5,000 | 4,904 | ||||||||||
| Williams Cos, Inc. | 6.30 | 04/15/40 | 10,000 | 10,398 | ||||||||||
| 617,967 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 1.2% | ||||||||||||||
| Alexandria Real Estate Equities, Inc. | 3.00 | 05/18/51 | 5,000 | 2,984 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 3.55 | 03/15/52 | 10,000 | 6,635 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.00 | 02/01/50 | 5,000 | 3,606 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.15 | 04/15/53 | 5,000 | 4,300 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.50 | 10/01/35 | 5,000 | 4,950 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.63 | 05/15/54 | 5,000 | 4,593 | ||||||||||
The accompanying notes are an integral part of these financial statements.
166
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 1.2% (Continued) | ||||||||||||||
| American Tower Corp. | 2.95 | 01/15/51 | $ | 10,000 | $ | 6,220 | ||||||||
| American Tower Corp. | 3.10 | 06/15/50 | 5,000 | 3,212 | ||||||||||
| American Tower Corp. | 3.70 | 10/15/49 | 5,000 | 3,567 | ||||||||||
| Crown Castle, Inc. | 2.90 | 04/01/41 | 10,000 | 7,012 | ||||||||||
| Crown Castle, Inc. | 3.25 | 01/15/51 | 5,000 | 3,194 | ||||||||||
| Crown Castle, Inc. | 4.15 | 07/01/50 | 5,000 | 3,721 | ||||||||||
| Equinix, Inc. | 2.95 | 09/15/51 | 10,000 | 6,017 | ||||||||||
| Equinix, Inc. | 3.00 | 07/15/50 | 5,000 | 3,064 | ||||||||||
| Extra Space Storage LP | 5.40 | 06/15/35 | 5,000 | 4,918 | ||||||||||
| Federal Realty OP LP | 4.50 | 12/01/44 | 5,000 | 4,140 | ||||||||||
| Kimco Realty OP LLC | 4.25 | 04/01/45 | 5,000 | 3,966 | ||||||||||
| VICI Properties LP | 5.63 | 05/15/52 | 5,000 | 4,485 | ||||||||||
| VICI Properties LP | 6.13 | 04/01/54 | 5,000 | 4,776 | ||||||||||
| 85,360 | ||||||||||||||
| RETAIL – 2.9% | ||||||||||||||
| Dick’s Sporting Goods, Inc. | 4.10 | 01/15/52 | 5,000 | 3,435 | ||||||||||
| Dollar General Corp. | 4.13 | 04/03/50 | 5,000 | 3,651 | ||||||||||
| Lowe’s Cos, Inc. | 2.80 | 09/15/41 | 5,000 | 3,390 | ||||||||||
| Lowe’s Cos, Inc. | 3.00 | 10/15/50 | 15,000 | 9,170 | ||||||||||
| Lowe’s Cos, Inc. | 3.70 | 04/15/46 | 10,000 | 7,275 | ||||||||||
| Lowe’s Cos, Inc. | 4.05 | 05/03/47 | 15,000 | 11,427 | ||||||||||
| Lowe’s Cos, Inc. | 4.25 | 04/01/52 | 15,000 | 11,458 | ||||||||||
| Lowe’s Cos, Inc. | 4.45 | 04/01/62 | 10,000 | 7,599 | ||||||||||
| Lowe’s Cos, Inc. | 4.55 | 04/05/49 | 5,000 | 4,016 | ||||||||||
| Lowe’s Cos, Inc. | 4.65 | 04/15/42 | 5,000 | 4,305 | ||||||||||
| Lowe’s Cos, Inc. | 5.63 | 04/15/53 | 15,000 | 14,082 | ||||||||||
| Lowe’s Cos, Inc. | 5.80 | 09/15/62 | 10,000 | 9,484 | ||||||||||
| Lowe’s Cos, Inc. | 5.85 | 04/01/63 | 5,000 | 4,766 | ||||||||||
| McDonald’s Corp. | 3.63 | 05/01/43 | 5,000 | 3,820 | ||||||||||
| McDonald’s Corp. | 3.63 | 09/01/49 | 15,000 | 10,795 | ||||||||||
| McDonald’s Corp. | 3.70 | 02/15/42 | 5,000 | 3,919 | ||||||||||
| McDonald’s Corp. | 4.20 | 04/01/50 | 10,000 | 7,889 | ||||||||||
| McDonald’s Corp. | 4.45 | 03/01/47 | 5,000 | 4,169 | ||||||||||
| McDonald’s Corp. | 4.45 | 09/01/48 | 5,000 | 4,157 | ||||||||||
| McDonald’s Corp. | 4.60 | 05/26/45 | 5,000 | 4,326 | ||||||||||
| McDonald’s Corp. | 4.70 | 12/09/35 | 5,000 | 4,864 | ||||||||||
| McDonald’s Corp. | 4.88 | 12/09/45 | 15,000 | 13,377 | ||||||||||
| McDonald’s Corp. | 5.15 | 09/09/52 | 5,000 | 4,556 | ||||||||||
| McDonald’s Corp. | 5.45 | 08/14/53 | 5,000 | 4,764 | ||||||||||
| McDonald’s Corp. | 6.30 | 10/15/37 | 10,000 | 10,882 | ||||||||||
| McDonald’s Corp. | 6.30 | 03/01/38 | 5,000 | 5,406 | ||||||||||
| Starbucks Corp. | 3.35 | 03/12/50 | 5,000 | 3,293 | ||||||||||
| Starbucks Corp. | 3.50 | 11/15/50 | 10,000 | 6,749 | ||||||||||
| Starbucks Corp. | 4.45 | 08/15/49 | 10,000 | 7,983 | ||||||||||
| Starbucks Corp. | 4.50 | 11/15/48 | 10,000 | 8,119 | ||||||||||
| 203,126 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
167
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 3.7% | ||||||||||||||
| Broadcom, Inc.(1) | 3.14 | 11/15/35 | $ | 35,000 | $ | 29,023 | ||||||||
| Broadcom, Inc.(1) | 3.19 | 11/15/36 | 20,000 | 16,350 | ||||||||||
| Broadcom, Inc.(1) | 3.50 | 02/15/41 | 20,000 | 15,500 | ||||||||||
| Broadcom, Inc.(1) | 3.75 | 02/15/51 | 15,000 | 10,970 | ||||||||||
| Broadcom, Inc.(1) | 4.93 | 05/15/37 | 20,000 | 19,173 | ||||||||||
| Intel Corp. | 3.05 | 08/12/51 | 10,000 | 5,734 | ||||||||||
| Intel Corp. | 3.10 | 02/15/60 | 10,000 | 5,356 | ||||||||||
| Intel Corp. | 3.20 | 08/12/61 | 5,000 | 2,726 | ||||||||||
| Intel Corp. | 3.25 | 11/15/49 | 20,000 | 12,221 | ||||||||||
| Intel Corp. | 3.73 | 12/08/47 | 15,000 | 10,231 | ||||||||||
| Intel Corp. | 4.10 | 05/19/46 | 10,000 | 7,257 | ||||||||||
| Intel Corp. | 4.10 | 05/11/47 | 5,000 | 3,599 | ||||||||||
| Intel Corp. | 4.60 | 03/25/40 | 5,000 | 4,251 | ||||||||||
| Intel Corp. | 4.75 | 03/25/50 | 15,000 | 11,776 | ||||||||||
| Intel Corp. | 4.80 | 10/01/41 | 5,000 | 4,165 | ||||||||||
| Intel Corp. | 4.90 | 07/29/45 | 5,000 | 4,114 | ||||||||||
| Intel Corp. | 4.90 | 08/05/52 | 15,000 | 11,949 | ||||||||||
| Intel Corp. | 4.95 | 03/25/60 | 10,000 | 7,797 | ||||||||||
| Intel Corp. | 5.05 | 08/05/62 | 10,000 | 7,874 | ||||||||||
| Intel Corp. | 5.60 | 02/21/54 | 10,000 | 8,818 | ||||||||||
| Intel Corp. | 5.63 | 02/10/43 | 20,000 | 18,422 | ||||||||||
| Intel Corp. | 5.70 | 02/10/53 | 15,000 | 13,439 | ||||||||||
| Intel Corp. | 5.90 | 02/10/63 | 10,000 | 9,019 | ||||||||||
| Micron Technology, Inc. | 3.37 | 11/01/41 | 5,000 | 3,558 | ||||||||||
| Micron Technology, Inc. | 3.48 | 11/01/51 | 5,000 | 3,275 | ||||||||||
| Micron Technology, Inc. | 6.05 | 11/01/35 | 10,000 | 10,151 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.25 | 05/11/41 | 5,000 | 3,552 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.25 | 11/30/51 | 5,000 | 3,111 | ||||||||||
| 263,411 | ||||||||||||||
| SOFTWARE – 5.2% | ||||||||||||||
| AppLovin Corp. | 5.95 | 12/01/54 | 5,000 | 4,793 | ||||||||||
| Electronic Arts, Inc. | 2.95 | 02/15/51 | 5,000 | 3,117 | ||||||||||
| Fidelity National Information Services, Inc. | 3.10 | 03/01/41 | 5,000 | 3,569 | ||||||||||
| Fiserv, Inc. | 4.40 | 07/01/49 | 15,000 | 11,796 | ||||||||||
| Oracle Corp. | 3.60 | 04/01/40 | 25,000 | 19,491 | ||||||||||
| Oracle Corp. | 3.60 | 04/01/50 | 35,000 | 23,866 | ||||||||||
| Oracle Corp. | 3.65 | 03/25/41 | 20,000 | 15,301 | ||||||||||
| Oracle Corp. | 3.80 | 11/15/37 | 15,000 | 12,540 | ||||||||||
| Oracle Corp. | 3.85 | 07/15/36 | 10,000 | 8,608 | ||||||||||
| Oracle Corp. | 3.85 | 04/01/60 | 25,000 | 16,782 | ||||||||||
| Oracle Corp. | 3.90 | 05/15/35 | 10,000 | 8,868 | ||||||||||
| Oracle Corp. | 3.95 | 03/25/51 | 25,000 | 18,034 | ||||||||||
| Oracle Corp. | 4.00 | 07/15/46 | 25,000 | 18,759 | ||||||||||
| Oracle Corp. | 4.00 | 11/15/47 | 20,000 | 14,867 | ||||||||||
| Oracle Corp. | 4.10 | 03/25/61 | 15,000 | 10,526 | ||||||||||
| Oracle Corp. | 4.13 | 05/15/45 | 15,000 | 11,656 | ||||||||||
| Oracle Corp. | 4.38 | 05/15/55 | 10,000 | 7,576 | ||||||||||
| Oracle Corp. | 4.50 | 07/08/44 | 10,000 | 8,224 | ||||||||||
The accompanying notes are an integral part of these financial statements.
168
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 5.2% (Continued) | ||||||||||||||
| Oracle Corp. | 5.38 | 07/15/40 | $ | 20,000 | $ | 18,999 | ||||||||
| Oracle Corp. | 5.38 | 09/27/54 | 15,000 | 13,315 | ||||||||||
| Oracle Corp. | 5.50 | 08/03/35 | 15,000 | 15,073 | ||||||||||
| Oracle Corp. | 5.50 | 09/27/64 | 10,000 | 8,854 | ||||||||||
| Oracle Corp. | 5.55 | 02/06/53 | 20,000 | 18,262 | ||||||||||
| Oracle Corp. | 6.00 | 08/03/55 | 15,000 | 14,602 | ||||||||||
| Oracle Corp. | 6.13 | 07/08/39 | 10,000 | 10,296 | ||||||||||
| Oracle Corp. | 6.13 | 08/03/65 | 5,000 | 4,860 | ||||||||||
| Oracle Corp. | 6.50 | 04/15/38 | 10,000 | 10,683 | ||||||||||
| Oracle Corp. | 6.90 | 11/09/52 | 20,000 | 21,521 | ||||||||||
| Synopsys, Inc. | 5.70 | 04/01/55 | 15,000 | 14,522 | ||||||||||
| 369,360 | ||||||||||||||
| TELECOMMUNICATIONS – 13.8% | ||||||||||||||
| AT&T, Inc. | 3.10 | 02/01/43 | 5,000 | 3,520 | ||||||||||
| AT&T, Inc. | 3.30 | 02/01/52 | 5,000 | 3,241 | ||||||||||
| AT&T, Inc. | 3.50 | 06/01/41 | 20,000 | 15,351 | ||||||||||
| AT&T, Inc. | 3.50 | 09/15/53 | 60,000 | 40,258 | ||||||||||
| AT&T, Inc. | 3.50 | 02/01/61 | 5,000 | 3,183 | ||||||||||
| AT&T, Inc. | 3.55 | 09/15/55 | 60,000 | 40,096 | ||||||||||
| AT&T, Inc. | 3.65 | 06/01/51 | 25,000 | 17,532 | ||||||||||
| AT&T, Inc. | 3.65 | 09/15/59 | 50,000 | 33,153 | ||||||||||
| AT&T, Inc. | 3.80 | 12/01/57 | 50,000 | 34,531 | ||||||||||
| AT&T, Inc. | 3.85 | 06/01/60 | 20,000 | 13,671 | ||||||||||
| AT&T, Inc. | 4.30 | 12/15/42 | 10,000 | 8,337 | ||||||||||
| AT&T, Inc. | 4.35 | 06/15/45 | 10,000 | 8,087 | ||||||||||
| AT&T, Inc. | 4.50 | 05/15/35 | 20,000 | 18,900 | ||||||||||
| AT&T, Inc. | 4.50 | 03/09/48 | 15,000 | 12,212 | ||||||||||
| AT&T, Inc. | 4.55 | 03/09/49 | 5,000 | 4,064 | ||||||||||
| AT&T, Inc. | 4.75 | 05/15/46 | 15,000 | 12,780 | ||||||||||
| AT&T, Inc. | 4.85 | 03/01/39 | 5,000 | 4,651 | ||||||||||
| AT&T, Inc. | 4.90 | 08/15/37 | 5,000 | 4,729 | ||||||||||
| AT&T, Inc. | 5.15 | 11/15/46 | 5,000 | 4,489 | ||||||||||
| AT&T, Inc. | 5.15 | 02/15/50 | 5,000 | 4,416 | ||||||||||
| AT&T, Inc. | 5.25 | 03/01/37 | 10,000 | 9,843 | ||||||||||
| AT&T, Inc. | 5.35 | 09/01/40 | 5,000 | 4,790 | ||||||||||
| AT&T, Inc. | 5.45 | 03/01/47 | 5,000 | 4,640 | ||||||||||
| AT&T, Inc. | 5.55 | 08/15/41 | 5,000 | 4,827 | ||||||||||
| AT&T, Inc. | 5.65 | 02/15/47 | 10,000 | 9,749 | ||||||||||
| AT&T, Inc. | 6.30 | 01/15/38 | 5,000 | 5,374 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 4.30 | 07/29/49 | 5,000 | 3,903 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 4.46 | 04/01/48 | 10,000 | 8,001 | ||||||||||
| Bell Telephone Co. of Canada/Bell Canada | 5.55 | 02/15/54 | 5,000 | 4,694 | ||||||||||
| Corning, Inc. | 5.35 | 11/15/48 | 5,000 | 4,607 | ||||||||||
| Corning, Inc. | 5.45 | 11/15/79 | 15,000 | 12,916 | ||||||||||
| Nokia OYJ | 6.63 | 05/15/39 | 5,000 | 5,032 | ||||||||||
| Orange SA | 5.38 | 01/13/42 | 5,000 | 4,832 | ||||||||||
| Orange SA | 5.50 | 02/06/44 | 10,000 | 9,772 | ||||||||||
| Rogers Communications, Inc. | 3.70 | 11/15/49 | 15,000 | 10,542 | ||||||||||
The accompanying notes are an integral part of these financial statements.
169
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 13.8% (Continued) | ||||||||||||||
| Rogers Communications, Inc. | 4.30 | 02/15/48 | $ | 5,000 | $ | 3,876 | ||||||||
| Rogers Communications, Inc. | 4.35 | 05/01/49 | 5,000 | 3,887 | ||||||||||
| Rogers Communications, Inc. | 4.50 | 03/15/42 | 5,000 | 4,192 | ||||||||||
| Rogers Communications, Inc. | 4.50 | 03/15/43 | 5,000 | 4,148 | ||||||||||
| Rogers Communications, Inc. | 4.55 | 03/15/52 | 20,000 | 15,812 | ||||||||||
| Rogers Communications, Inc. | 5.00 | 03/15/44 | 5,000 | 4,371 | ||||||||||
| Rogers Communications, Inc. | 5.45 | 10/01/43 | 5,000 | 4,620 | ||||||||||
| Telefonica Emisiones SA | 4.90 | 03/06/48 | 10,000 | 8,381 | ||||||||||
| Telefonica Emisiones SA | 5.21 | 03/08/47 | 20,000 | 17,524 | ||||||||||
| Telefonica Emisiones SA | 5.52 | 03/01/49 | 10,000 | 9,112 | ||||||||||
| Telefonica Emisiones SA | 7.05 | 06/20/36 | 20,000 | 22,171 | ||||||||||
| TELUS Corp. | 4.30 | 06/15/49 | 5,000 | 3,815 | ||||||||||
| TELUS Corp. | 4.60 | 11/16/48 | 5,000 | 3,998 | ||||||||||
| T-Mobile USA, Inc. | 3.00 | 02/15/41 | 25,000 | 17,912 | ||||||||||
| T-Mobile USA, Inc. | 3.30 | 02/15/51 | 25,000 | 16,463 | ||||||||||
| T-Mobile USA, Inc. | 3.40 | 10/15/52 | 25,000 | 16,595 | ||||||||||
| T-Mobile USA, Inc. | 3.60 | 11/15/60 | 15,000 | 9,825 | ||||||||||
| T-Mobile USA, Inc. | 4.38 | 04/15/40 | 15,000 | 13,111 | ||||||||||
| T-Mobile USA, Inc. | 4.50 | 04/15/50 | 25,000 | 20,298 | ||||||||||
| T-Mobile USA, Inc. | 5.25 | 06/15/55 | 10,000 | 8,981 | ||||||||||
| T-Mobile USA, Inc. | 5.30 | 05/15/35 | 5,000 | 5,023 | ||||||||||
| T-Mobile USA, Inc. | 5.50 | 01/15/55 | 5,000 | 4,662 | ||||||||||
| T-Mobile USA, Inc. | 5.65 | 01/15/53 | 15,000 | 14,365 | ||||||||||
| T-Mobile USA, Inc. | 5.75 | 01/15/54 | 10,000 | 9,671 | ||||||||||
| T-Mobile USA, Inc. | 5.80 | 09/15/62 | 5,000 | 4,826 | ||||||||||
| T-Mobile USA, Inc. | 5.88 | 11/15/55 | 10,000 | 9,880 | ||||||||||
| T-Mobile USA, Inc. | 6.00 | 06/15/54 | 5,000 | 5,001 | ||||||||||
| Verizon Communications, Inc. | 2.65 | 11/20/40 | 25,000 | 17,616 | ||||||||||
| Verizon Communications, Inc. | 2.85 | 09/03/41 | 10,000 | 6,992 | ||||||||||
| Verizon Communications, Inc. | 2.88 | 11/20/50 | 25,000 | 15,362 | ||||||||||
| Verizon Communications, Inc. | 2.99 | 10/30/56 | 30,000 | 17,862 | ||||||||||
| Verizon Communications, Inc. | 3.00 | 11/20/60 | 15,000 | 8,727 | ||||||||||
| Verizon Communications, Inc. | 3.40 | 03/22/41 | 30,000 | 22,880 | ||||||||||
| Verizon Communications, Inc. | 3.55 | 03/22/51 | 35,000 | 24,729 | ||||||||||
| Verizon Communications, Inc. | 3.70 | 03/22/61 | 30,000 | 20,424 | ||||||||||
| Verizon Communications, Inc. | 3.85 | 11/01/42 | 5,000 | 3,969 | ||||||||||
| Verizon Communications, Inc. | 3.88 | 03/01/52 | 10,000 | 7,386 | ||||||||||
| Verizon Communications, Inc. | 4.00 | 03/22/50 | 10,000 | 7,590 | ||||||||||
| Verizon Communications, Inc. | 4.13 | 08/15/46 | 5,000 | 3,953 | ||||||||||
| Verizon Communications, Inc. | 4.27 | 01/15/36 | 15,000 | 13,779 | ||||||||||
| Verizon Communications, Inc. | 4.52 | 09/15/48 | 10,000 | 8,317 | ||||||||||
| Verizon Communications, Inc. | 4.67 | 03/15/55 | 5,000 | 4,187 | ||||||||||
| Verizon Communications, Inc. | 4.81 | 03/15/39 | 10,000 | 9,328 | ||||||||||
| Verizon Communications, Inc. | 4.86 | 08/21/46 | 20,000 | 17,657 | ||||||||||
| Verizon Communications, Inc. | 5.01 | 04/15/49 | 5,000 | 4,560 | ||||||||||
| Verizon Communications, Inc. | 5.01 | 08/21/54 | 5,000 | 4,438 | ||||||||||
| Verizon Communications, Inc. | 5.25 | 03/16/37 | 5,000 | 4,952 | ||||||||||
The accompanying notes are an integral part of these financial statements.
170
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 13.8% (Continued) | ||||||||||||||
| Verizon Communications, Inc. | 5.50 | 02/23/54 | $ | 10,000 | $ | 9,618 | ||||||||
| Verizon Communications, Inc. | 6.55 | 09/15/43 | 5,000 | 5,423 | ||||||||||
| Vodafone Group PLC | 4.25 | 09/17/50 | 10,000 | 7,586 | ||||||||||
| Vodafone Group PLC | 4.38 | 02/19/43 | 5,000 | 4,218 | ||||||||||
| Vodafone Group PLC | 4.88 | 06/19/49 | 15,000 | 12,638 | ||||||||||
| Vodafone Group PLC | 5.00 | 05/30/38 | 5,000 | 4,757 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/19/59 | 5,000 | 4,249 | ||||||||||
| Vodafone Group PLC | 5.25 | 05/30/48 | 15,000 | 13,598 | ||||||||||
| Vodafone Group PLC | 5.63 | 02/10/53 | 5,000 | 4,626 | ||||||||||
| Vodafone Group PLC | 5.75 | 06/28/54 | 20,000 | 18,915 | ||||||||||
| Vodafone Group PLC | 5.75 | 02/10/63 | 5,000 | 4,585 | ||||||||||
| Vodafone Group PLC | 5.88 | 06/28/64 | 5,000 | 4,720 | ||||||||||
| Vodafone Group PLC | 6.15 | 02/27/37 | 10,000 | 10,581 | ||||||||||
| 983,465 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.1% | ||||||||||||||
| Hasbro, Inc. | 6.35 | 03/15/40 | 5,000 | 5,009 | ||||||||||
| TRANSPORTATION – 1.9% | ||||||||||||||
| Canadian Pacific Railway Co. | 3.00 | 12/02/41 | 10,000 | 7,187 | ||||||||||
| Canadian Pacific Railway Co. | 3.10 | 12/02/51 | 15,000 | 9,707 | ||||||||||
| Canadian Pacific Railway Co. | 4.80 | 08/01/45 | 10,000 | 8,880 | ||||||||||
| Canadian Pacific Railway Co. | 6.13 | 09/15/15 | 5,000 | 4,929 | ||||||||||
| FedEx Corp.(1) | 3.25 | 05/15/41 | 5,000 | 3,455 | ||||||||||
| FedEx Corp.(1) | 4.05 | 02/15/48 | 5,000 | 3,616 | ||||||||||
| FedEx Corp.(1) | 4.10 | 02/01/45 | 5,000 | 3,687 | ||||||||||
| FedEx Corp.(1) | 4.40 | 01/15/47 | 5,000 | 3,822 | ||||||||||
| FedEx Corp.(1) | 4.55 | 04/01/46 | 10,000 | 7,926 | ||||||||||
| FedEx Corp.(1) | 4.75 | 11/15/45 | 5,000 | 4,068 | ||||||||||
| FedEx Corp.(1) | 4.95 | 10/17/48 | 5,000 | 4,129 | ||||||||||
| FedEx Corp.(1) | 5.10 | 01/15/44 | 5,000 | 4,326 | ||||||||||
| FedEx Corp.(1) | 5.25 | 05/15/50 | 10,000 | 8,589 | ||||||||||
| Norfolk Southern Corp. | 3.16 | 05/15/55 | 5,000 | 3,162 | ||||||||||
| Norfolk Southern Corp. | 3.94 | 11/01/47 | 10,000 | 7,757 | ||||||||||
| Norfolk Southern Corp. | 3.95 | 10/01/42 | 10,000 | 8,080 | ||||||||||
| Norfolk Southern Corp. | 4.10 | 05/15/21 | 10,000 | 6,859 | ||||||||||
| Norfolk Southern Corp. | 4.15 | 02/28/48 | 5,000 | 3,968 | ||||||||||
| Norfolk Southern Corp. | 4.45 | 06/15/45 | 10,000 | 8,477 | ||||||||||
| Norfolk Southern Corp. | 4.55 | 06/01/53 | 10,000 | 8,340 | ||||||||||
| Norfolk Southern Corp. | 5.35 | 08/01/54 | 10,000 | 9,421 | ||||||||||
| Norfolk Southern Corp. | 5.95 | 03/15/64 | 5,000 | 5,071 | ||||||||||
| 135,456 | ||||||||||||||
| TRUCKING & LEASING – 0.2% | ||||||||||||||
| GATX Corp. | 3.10 | 06/01/51 | 5,000 | 3,064 | ||||||||||
| GATX Corp. | 5.50 | 06/15/35 | 5,000 | 4,966 | ||||||||||
| GATX Corp. | 6.05 | 06/05/54 | 5,000 | 4,848 | ||||||||||
| 12,878 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
171
BONDBLOXX ETF TRUST
BondBloxx
BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
(Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| WATER – 0.6% | ||||||||||||||
| American Water Capital Corp. | 3.25 | 06/01/51 | $ | 5,000 | $ | 3,330 | ||||||||
| American Water Capital Corp. | 3.45 | 05/01/50 | 5,000 | 3,476 | ||||||||||
| American Water Capital Corp. | 3.75 | 09/01/47 | 10,000 | 7,489 | ||||||||||
| American Water Capital Corp. | 4.15 | 06/01/49 | 5,000 | 3,973 | ||||||||||
| American Water Capital Corp. | 4.20 | 09/01/48 | 5,000 | 4,008 | ||||||||||
| American Water Capital Corp. | 4.30 | 12/01/42 | 5,000 | 4,237 | ||||||||||
| American Water Capital Corp. | 5.45 | 03/01/54 | 5,000 | 4,772 | ||||||||||
| American Water Capital Corp. | 6.59 | 10/15/37 | 5,000 | 5,533 | ||||||||||
| Essential Utilities, Inc. | 4.28 | 05/01/49 | 5,000 | 3,864 | ||||||||||
| Essential Utilities, Inc. | 5.30 | 05/01/52 | 5,000 | 4,474 | ||||||||||
| 45,156 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $7,323,066) | 6,982,662 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | 20,585 | 20,585 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $20,585) | 20,585 | |||||||||||||
| TOTAL INVESTMENTS – 98.5% (Cost - $7,343,651) | $ | 7,003,247 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.5% | 104,801 | |||||||||||||
| NET ASSETS – 100.0% | $ | 7,108,048 | ||||||||||||
| (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, 2025, amounts to $162,479 and represents 2.3% 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.
172
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 11.8% | ||||||||||||||
| BANKS – 0.1% | ||||||||||||||
| Banco Nacional de Panama(1) | 2.50 | 08/11/30 | $ | 525,000 | $ | 429,450 | ||||||||
| CHEMICALS – 0.4% | ||||||||||||||
| CNAC HK Finbridge Co. Ltd.(1) | 3.00 | 09/22/30 | 400,000 | 364,284 | ||||||||||
| CNAC HK Finbridge Co. Ltd.(1) | 4.13 | 07/19/27 | 400,000 | 395,866 | ||||||||||
| CNAC HK Finbridge Co. Ltd.(1) | 5.13 | 03/14/28 | 500,000 | 504,715 | ||||||||||
| 1,264,865 | ||||||||||||||
| COMMERCIAL SERVICES – 0.3% | ||||||||||||||
| DP World Crescent Ltd.(1) | 3.88 | 07/18/29 | 400,000 | 385,770 | ||||||||||
| DP World Crescent Ltd.(1) | 4.85 | 09/26/28 | 200,000 | 200,040 | ||||||||||
| DP World Crescent Ltd.(1) | 5.50 | 09/13/33 | 400,000 | 402,300 | ||||||||||
| 988,110 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.2% | ||||||||||||||
| SRC Sukuk Ltd.(1) | 5.00 | 02/27/28 | 250,000 | 252,188 | ||||||||||
| SRC Sukuk Ltd.(1) | 5.38 | 02/27/35 | 250,000 | 253,936 | ||||||||||
| 506,124 | ||||||||||||||
| ELECTRIC – 1.0% | ||||||||||||||
| Comision Federal de Electricidad(1) | 4.69 | 05/15/29 | 400,000 | 385,480 | ||||||||||
| Comision Federal de Electricidad(1) | 6.45 | 01/24/35 | 200,000 | 192,148 | ||||||||||
| Eskom Holdings SOC Ltd.(1) | 6.35 | 08/10/28 | 650,000 | 641,875 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara(1) | 4.13 | 05/15/27 | 475,000 | 468,581 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara(1) | 5.45 | 05/21/28 | 200,000 | 202,875 | ||||||||||
| State Grid Overseas Investment BVI Ltd.(1) | 1.63 | 08/05/30 | 425,000 | 377,453 | ||||||||||
| State Grid Overseas Investment BVI Ltd.(1) | 3.50 | 05/04/27 | 800,000 | 792,312 | ||||||||||
| Three Gorges Finance I Cayman Islands Ltd.(1) | 3.15 | 06/02/26 | 425,000 | 419,209 | ||||||||||
| 3,479,933 | ||||||||||||||
| INSURANCE – 0.2% | ||||||||||||||
| China Life Insurance Overseas Co. Ltd./Hong Kong(1) | 5.35 | 08/15/33 | 750,000 | 767,366 | ||||||||||
| INVESTMENT COMPANIES – 2.5% | ||||||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 4.38 | 10/02/31 | 400,000 | 394,252 | ||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 5.38 | 05/08/29 | 440,000 | 454,300 | ||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 5.50 | 05/08/34 | 240,000 | 249,618 | ||||||||||
| Gaci First Investment Co.(1) | 4.75 | 02/14/30 | 400,000 | 398,554 | ||||||||||
| Gaci First Investment Co.(1) | 4.88 | 02/14/35 | 450,000 | 434,707 | ||||||||||
| Gaci First Investment Co.(1) | 5.00 | 10/13/27 | 450,000 | 452,891 | ||||||||||
| Gaci First Investment Co.(1) | 5.00 | 01/29/29 | 450,000 | 453,033 | ||||||||||
| Gaci First Investment Co.(1) | 5.25 | 01/29/30 | 500,000 | 509,375 | ||||||||||
| Gaci First Investment Co.(1) | 5.25 | 10/13/32 | 300,000 | 302,421 | ||||||||||
| Gaci First Investment Co.(1) | 5.25 | 01/29/34 | 450,000 | 448,875 | ||||||||||
| Gaci First Investment Co.(1) | 5.63 | 07/29/34 | 400,000 | 410,375 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 2.50 | 05/21/26 | 275,000 | 269,156 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 2.88 | 11/07/29 | 225,000 | 210,159 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 2.88 | 05/21/30 | 400,000 | 370,626 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 3.38 | 03/28/32 | 400,000 | 367,424 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 4.38 | 11/22/33 | 200,000 | 191,300 | ||||||||||
The accompanying notes are an integral part of these financial statements.
173
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INVESTMENT COMPANIES – 2.5% (Continued) | ||||||||||||||
| MDGH GMTN RSC Ltd.(1) | 5.50 | 04/28/33 | $ | 200,000 | $ | 207,276 | ||||||||
| Mdgh Sukuk Ltd.(1) | 4.96 | 04/04/34 | 400,000 | 406,152 | ||||||||||
| Suci Second Investment Co.(1) | 4.38 | 09/10/27 | 300,000 | 297,789 | ||||||||||
| Suci Second Investment Co.(1) | 5.17 | 03/05/31 | 500,000 | 506,468 | ||||||||||
| Suci Second Investment Co.(1) | 6.00 | 10/25/28 | 600,000 | 623,319 | ||||||||||
| Suci Second Investment Co.(1) | 6.25 | 10/25/33 | 450,000 | 484,875 | ||||||||||
| TVF Varlik Kiralama AS(1) | 6.95 | 01/23/30 | 300,000 | 297,750 | ||||||||||
| 8,740,695 | ||||||||||||||
| MINING – 0.6% | ||||||||||||||
| Corp. Nacional del Cobre de Chile(1) | 3.00 | 09/30/29 | 425,000 | 390,469 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 3.15 | 01/14/30 | 350,000 | 321,890 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 3.63 | 08/01/27 | 375,000 | 367,500 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 5.95 | 01/08/34 | 675,000 | 685,462 | ||||||||||
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT(1) | 5.45 | 05/15/30 | 400,000 | 403,950 | ||||||||||
| 2,169,271 | ||||||||||||||
| OIL & GAS – 5.8% | ||||||||||||||
| Adnoc Murban RSC Ltd.(1) | 4.25 | 09/11/29 | 220,000 | 218,350 | ||||||||||
| Adnoc Murban RSC Ltd.(1) | 4.50 | 09/11/34 | 535,000 | 516,275 | ||||||||||
| Bapco Energies Sukuk Ltd.(1) | 6.25 | 01/29/35 | 700,000 | 713,125 | ||||||||||
| EDO Sukuk Ltd.(1) | 5.88 | 09/21/33 | 650,000 | 660,302 | ||||||||||
| Pertamina Persero PT(1) | 1.40 | 02/09/26 | 200,000 | 194,500 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 5.38 | 04/12/27 | 1,225,000 | 147,000 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 6.00 | 05/16/24 | 1,760,000 | 209,000 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 6.00 | 11/15/26 | 1,940,000 | 228,435 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 8.50 | 10/27/20 | 380,000 | 355,067 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 9.00 | 11/17/21 | 1,030,000 | 131,068 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 9.75 | 05/17/35 | 1,300,000 | 168,675 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 12.75 | 02/17/22 | 1,575,000 | 218,531 | ||||||||||
| Petroleos del Peru SA(1) | 4.75 | 06/19/32 | 750,000 | 555,937 | ||||||||||
| Petroleos Mexicanos | 4.50 | 01/23/26 | 275,000 | 268,482 | ||||||||||
| Petroleos Mexicanos | 5.35 | 02/12/28 | 500,000 | 462,550 | ||||||||||
| Petroleos Mexicanos | 5.95 | 01/28/31 | 850,000 | 704,565 | ||||||||||
| Petroleos Mexicanos | 6.49 | 01/23/27 | 375,000 | 367,819 | ||||||||||
| Petroleos Mexicanos | 6.50 | 03/13/27 | 1,075,000 | 1,051,242 | ||||||||||
| Petroleos Mexicanos | 6.50 | 01/23/29 | 250,000 | 231,875 | ||||||||||
| Petroleos Mexicanos | 6.70 | 02/16/32 | 1,550,000 | 1,331,295 | ||||||||||
| Petroleos Mexicanos | 6.84 | 01/23/30 | 550,000 | 491,439 | ||||||||||
| Petroleos Mexicanos | 6.88 | 08/04/26 | 550,000 | 544,500 | ||||||||||
| Petroleos Mexicanos | 8.75 | 06/02/29 | 500,000 | 491,950 | ||||||||||
| Petroleos Mexicanos | 10.00 | 02/07/33 | 525,000 | 525,735 | ||||||||||
| Petronas Capital Ltd.(1) | 2.48 | 01/28/32 | 1,125,000 | 964,519 | ||||||||||
| Petronas Capital Ltd.(1) | 3.50 | 04/21/30 | 1,650,000 | 1,567,327 | ||||||||||
| Petronas Capital Ltd.(1) | 4.95 | 01/03/31 | 1,200,000 | 1,216,920 | ||||||||||
| Petronas Capital Ltd.(1) | 5.34 | 04/03/35 | 1,425,000 | 1,447,088 | ||||||||||
| QatarEnergy(1) | 1.38 | 09/12/26 | 600,000 | 576,939 | ||||||||||
| QatarEnergy(1) | 2.25 | 07/12/31 | 1,300,000 | 1,137,799 | ||||||||||
| Sinopec Group Overseas Development 2017 Ltd.(1) | 3.63 | 04/12/27 | 250,000 | 247,991 | ||||||||||
The accompanying notes are an integral part of these financial statements.
174
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 5.8% (Continued) | ||||||||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 1.45 | 01/08/26 | $ | 450,000 | $ | 441,005 | ||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 2.30 | 01/08/31 | 425,000 | 387,836 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 2.70 | 05/13/30 | 675,000 | 634,284 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 2.95 | 11/12/29 | 450,000 | 429,962 | ||||||||||
| 19,839,387 | ||||||||||||||
| PIPELINES – 0.5% | ||||||||||||||
| Southern Gas Corridor CJSC(1) | 6.88 | 03/24/26 | 1,650,000 | 1,664,602 | ||||||||||
| TRANSPORTATION – 0.2% | ||||||||||||||
| Transnet SOC Ltd.(1) | 8.25 | 02/06/28 | 750,000 | 757,500 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $40,315,850) | 40,607,303 | |||||||||||||
| GOVERNMENT AGENCIES AND OBLIGATIONS – 86.9% | ||||||||||||||
| GOVERNMENT AGENCIES – 3.2% | ||||||||||||||
| Bank Gospodarstwa Krajowego(1) | 5.38 | 05/22/33 | 1,050,000 | 1,057,948 | ||||||||||
| Bank Gospodarstwa Krajowego(1) | 5.75 | 07/09/34 | 1,200,000 | 1,223,124 | ||||||||||
| Bank Gospodarstwa Krajowego(1) | 6.25 | 10/31/28 | 700,000 | 736,785 | ||||||||||
| Export-Import Bank of China(1) | 2.88 | 04/26/26 | 400,000 | 394,986 | ||||||||||
| Export-Import Bank of China(1) | 3.88 | 05/16/26 | 550,000 | 547,690 | ||||||||||
| Export-Import Bank of China(1),(3) | 4.74 | 11/05/27 | 350,000 | 349,582 | ||||||||||
| Export-Import Bank of India(1) | 2.25 | 01/13/31 | 900,000 | 778,770 | ||||||||||
| Export-Import Bank of India(1) | 3.25 | 01/15/30 | 800,000 | 745,376 | ||||||||||
| Export-Import Bank of India(1) | 3.38 | 08/05/26 | 775,000 | 763,239 | ||||||||||
| Export-Import Bank of India(1) | 3.88 | 02/01/28 | 875,000 | 857,688 | ||||||||||
| Export-Import Bank of India(1) | 5.50 | 01/18/33 | 750,000 | 762,862 | ||||||||||
| Export-Import Bank of India(1) | 5.50 | 01/13/35 | 800,000 | 805,864 | ||||||||||
| Finance Department Government of Sharjah(1) | 6.50 | 11/23/32 | 200,000 | 208,688 | ||||||||||
| Magyar Export-Import Bank Zrt(1) | 6.13 | 12/04/27 | 1,050,000 | 1,071,662 | ||||||||||
| MFB Magyar Fejlesztesi Bank Zrt(1) | 6.50 | 06/29/28 | 925,000 | 953,911 | ||||||||||
| 11,258,175 | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% | ||||||||||||||
| Abu Dhabi Government International Bond(1) | 1.63 | 06/02/28 | 600,000 | 555,375 | ||||||||||
| Abu Dhabi Government International Bond(1) | 1.70 | 03/02/31 | 500,000 | 435,395 | ||||||||||
| Abu Dhabi Government International Bond(1) | 1.88 | 09/15/31 | 350,000 | 303,510 | ||||||||||
| Abu Dhabi Government International Bond(1) | 2.50 | 09/30/29 | 850,000 | 796,675 | ||||||||||
| Abu Dhabi Government International Bond(1) | 3.13 | 05/03/26 | 650,000 | 642,863 | ||||||||||
| Abu Dhabi Government International Bond(1) | 3.13 | 10/11/27 | 1,150,000 | 1,125,850 | ||||||||||
| Abu Dhabi Government International Bond(1) | 3.13 | 04/16/30 | 826,000 | 791,473 | ||||||||||
| Abu Dhabi Government International Bond(1) | 4.88 | 04/30/29 | 550,000 | 565,125 | ||||||||||
| Abu Dhabi Government International Bond(1) | 5.00 | 04/30/34 | 500,000 | 522,050 | ||||||||||
| Angolan Government International Bond(1) | 8.00 | 11/26/29 | 1,525,000 | 1,222,577 | ||||||||||
| Angolan Government International Bond(1) | 8.25 | 05/09/28 | 1,350,000 | 1,143,450 | ||||||||||
| Angolan Government International Bond(1) | 8.75 | 04/14/32 | 1,400,000 | 1,084,734 | ||||||||||
| Argentine Republic Government International Bond(4) | 0.75 | 07/09/30 | 4,778,400 | 3,669,811 | ||||||||||
| Argentine Republic Government International Bond | 1.00 | 07/09/29 | 787,500 | 637,481 | ||||||||||
| Argentine Republic Government International Bond(4) | 3.50 | 07/09/41 | 4,065,000 | 2,516,235 | ||||||||||
| Argentine Republic Government International Bond(4) | 4.13 | 07/09/35 | 7,830,000 | 5,206,950 | ||||||||||
| Argentine Republic Government International Bond(4) | 5.00 | 01/09/38 | 4,310,000 | 3,038,550 | ||||||||||
| Bahrain Government International Bond(1) | 5.25 | 01/25/33 | 800,000 | 723,648 | ||||||||||
The accompanying notes are an integral part of these financial statements.
175
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Bahrain Government International Bond(1) | 5.45 | 09/16/32 | $ | 700,000 | $ | 647,850 | ||||||||
| Bahrain Government International Bond(1) | 5.63 | 09/30/31 | 875,000 | 826,770 | ||||||||||
| Bahrain Government International Bond(1) | 5.63 | 05/18/34 | 775,000 | 707,040 | ||||||||||
| Bahrain Government International Bond(1) | 6.75 | 09/20/29 | 1,000,000 | 1,013,750 | ||||||||||
| Bahrain Government International Bond(1) | 7.00 | 01/26/26 | 725,000 | 732,272 | ||||||||||
| Bahrain Government International Bond(1) | 7.00 | 10/12/28 | 1,050,000 | 1,073,625 | ||||||||||
| Bahrain Government International Bond(1) | 7.38 | 05/14/30 | 875,000 | 908,906 | ||||||||||
| Bahrain Government International Bond(1) | 7.75 | 04/18/35 | 725,000 | 763,063 | ||||||||||
| Bolivian Government International Bond(1) | 4.50 | 03/20/28 | 800,000 | 524,000 | ||||||||||
| Brazilian Government International Bond | 3.75 | 09/12/31 | 775,000 | 698,275 | ||||||||||
| Brazilian Government International Bond | 3.88 | 06/12/30 | 1,775,000 | 1,663,175 | ||||||||||
| Brazilian Government International Bond | 4.50 | 05/30/29 | 975,000 | 955,500 | ||||||||||
| Brazilian Government International Bond | 4.63 | 01/13/28 | 1,500,000 | 1,492,500 | ||||||||||
| Brazilian Government International Bond | 6.00 | 04/07/26 | 1,100,000 | 1,109,350 | ||||||||||
| Brazilian Government International Bond | 6.00 | 10/20/33 | 1,100,000 | 1,087,900 | ||||||||||
| Brazilian Government International Bond | 6.13 | 01/22/32 | 1,000,000 | 1,020,500 | ||||||||||
| Brazilian Government International Bond | 6.13 | 03/15/34 | 1,125,000 | 1,106,719 | ||||||||||
| Brazilian Government International Bond | 6.25 | 03/18/31 | 925,000 | 955,987 | ||||||||||
| Brazilian Government International Bond | 6.63 | 03/15/35 | 1,200,000 | 1,199,100 | ||||||||||
| Brazilian Government International Bond | 8.25 | 01/20/34 | 700,000 | 785,925 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 3.88 | 05/18/29 | 775,000 | 720,754 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 3.95 | 09/16/27 | 800,000 | 765,644 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 4.50 | 03/30/27 | 875,000 | 854,551 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 5.88 | 06/05/32 | 800,000 | 799,152 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 6.00 | 02/12/31 | 550,000 | 555,605 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 6.25 | 10/18/30 | 700,000 | 713,475 | ||||||||||
| Chile Government International Bond | 2.45 | 01/31/31 | 540,000 | 480,670 | ||||||||||
| Chile Government International Bond | 2.55 | 01/27/32 | 625,000 | 543,750 | ||||||||||
| Chile Government International Bond | 2.55 | 07/27/33 | 950,000 | 799,900 | ||||||||||
| Chile Government International Bond | 2.75 | 01/31/27 | 575,000 | 560,625 | ||||||||||
| Chile Government International Bond | 3.24 | 02/06/28 | 750,000 | 729,232 | ||||||||||
| Chile Government International Bond | 3.50 | 01/31/34 | 575,000 | 515,775 | ||||||||||
| Chile Government International Bond | 4.85 | 01/22/29 | 650,000 | 659,750 | ||||||||||
| China Government International Bond(1) | 1.20 | 10/21/30 | 750,000 | 665,145 | ||||||||||
| China Government International Bond(1) | 1.25 | 10/26/26 | 600,000 | 580,605 | ||||||||||
| China Government International Bond(1) | 1.75 | 10/26/31 | 250,000 | 224,850 | ||||||||||
| China Government International Bond(1) | 2.13 | 12/03/29 | 825,000 | 775,826 | ||||||||||
| China Government International Bond(1) | 2.63 | 11/02/27 | 250,000 | 245,581 | ||||||||||
| China Government International Bond(1) | 3.50 | 10/19/28 | 400,000 | 400,766 | ||||||||||
| China Government International Bond(1) | 4.13 | 11/20/27 | 500,000 | 509,015 | ||||||||||
| Colombia Government International Bond | 3.00 | 01/30/30 | 850,000 | 721,225 | ||||||||||
| Colombia Government International Bond | 3.13 | 04/15/31 | 1,285,000 | 1,038,280 | ||||||||||
| Colombia Government International Bond | 3.25 | 04/22/32 | 1,050,000 | 810,600 | ||||||||||
| Colombia Government International Bond | 3.88 | 04/25/27 | 925,000 | 907,009 | ||||||||||
| Colombia Government International Bond | 4.50 | 03/15/29 | 950,000 | 893,000 | ||||||||||
| Colombia Government International Bond | 7.38 | 04/25/30 | 700,000 | 712,250 | ||||||||||
| Colombia Government International Bond | 7.50 | 02/02/34 | 975,000 | 954,037 | ||||||||||
| Colombia Government International Bond | 8.00 | 04/20/33 | 800,000 | 815,000 | ||||||||||
The accompanying notes are an integral part of these financial statements.
176
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Colombia Government International Bond | 8.50 | 04/25/35 | $ | 850,000 | $ | 866,150 | ||||||||
| Costa Rica Government International Bond(1) | 6.13 | 02/19/31 | 906,000 | 931,368 | ||||||||||
| Costa Rica Government International Bond(1) | 6.55 | 04/03/34 | 1,300,000 | 1,330,550 | ||||||||||
| Dominican Republic International Bond(1) | 4.50 | 01/30/30 | 1,400,000 | 1,308,300 | ||||||||||
| Dominican Republic International Bond(1) | 4.88 | 09/23/32 | 2,075,000 | 1,870,737 | ||||||||||
| Dominican Republic International Bond(1) | 5.50 | 02/22/29 | 1,150,000 | 1,136,775 | ||||||||||
| Dominican Republic International Bond(1) | 5.95 | 01/25/27 | 1,225,000 | 1,231,125 | ||||||||||
| Dominican Republic International Bond(1) | 6.00 | 07/19/28 | 850,000 | 858,925 | ||||||||||
| Dominican Republic International Bond(1) | 6.00 | 02/22/33 | 1,175,000 | 1,138,575 | ||||||||||
| Dominican Republic International Bond(1) | 7.05 | 02/03/31 | 850,000 | 878,900 | ||||||||||
| Ecuador Government International Bond(1) | ZCP | 07/31/30 | 775,000 | 476,431 | ||||||||||
| Ecuador Government International Bond(1),(4) | 5.50 | 07/31/35 | 5,415,850 | 3,257,634 | ||||||||||
| Ecuador Government International Bond(1),(4) | 6.90 | 07/31/30 | 2,489,407 | 1,869,856 | ||||||||||
| Egypt Government International Bond(1) | 5.80 | 09/30/27 | 850,000 | 802,188 | ||||||||||
| Egypt Government International Bond(1) | 5.88 | 02/16/31 | 1,025,000 | 830,250 | ||||||||||
| Egypt Government International Bond(1) | 6.59 | 02/21/28 | 775,000 | 724,982 | ||||||||||
| Egypt Government International Bond(1) | 7.05 | 01/15/32 | 650,000 | 541,574 | ||||||||||
| Egypt Government International Bond(1) | 7.30 | 09/30/33 | 850,000 | 688,551 | ||||||||||
| Egypt Government International Bond(1) | 7.50 | 01/31/27 | 1,425,000 | 1,414,932 | ||||||||||
| Egypt Government International Bond(1) | 7.60 | 03/01/29 | 1,175,000 | 1,100,282 | ||||||||||
| Egypt Government International Bond(1) | 7.63 | 05/29/32 | 1,100,000 | 930,050 | ||||||||||
| Egypt Government International Bond(1) | 8.63 | 02/04/30 | 950,000 | 906,110 | ||||||||||
| Egyptian Financial Co. for Sovereign Taskeek(1) | 10.88 | 02/28/26 | 1,100,000 | 1,134,719 | ||||||||||
| El Salvador Government International Bond(1) | 9.25 | 04/17/30 | 875,000 | 906,281 | ||||||||||
| Ethiopia International Bond(1) | 6.63 | 12/11/24 | 750,000 | 633,750 | ||||||||||
| Ghana Government International Bond(1),(4) | 5.00 | 07/03/29 | 2,392,850 | 2,033,923 | ||||||||||
| Ghana Government International Bond(1),(4) | 5.00 | 07/03/35 | 3,442,900 | 2,306,743 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 5.13 | 06/22/26 | 675,000 | 669,239 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 6.50 | 04/26/30 | 700,000 | 695,188 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 7.25 | 02/24/27 | 850,000 | 866,256 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 8.51 | 01/14/29 | 825,000 | 875,325 | ||||||||||
| Hungary Government International Bond(1) | 2.13 | 09/22/31 | 1,800,000 | 1,464,750 | ||||||||||
| Hungary Government International Bond(1) | 5.25 | 06/16/29 | 1,500,000 | 1,500,000 | ||||||||||
| Hungary Government International Bond(1) | 5.50 | 06/16/34 | 1,135,000 | 1,096,978 | ||||||||||
| Hungary Government International Bond(1) | 6.13 | 05/22/28 | 1,788,000 | 1,841,425 | ||||||||||
| Hungary Government International Bond(1) | 6.25 | 09/22/32 | 1,400,000 | 1,444,429 | ||||||||||
| Indonesia Government International Bond | 1.85 | 03/12/31 | 250,000 | 212,187 | ||||||||||
| Indonesia Government International Bond | 2.15 | 07/28/31 | 400,000 | 343,400 | ||||||||||
| Indonesia Government International Bond | 2.85 | 02/14/30 | 350,000 | 323,750 | ||||||||||
| Indonesia Government International Bond | 3.50 | 01/11/28 | 325,000 | 318,500 | ||||||||||
| Indonesia Government International Bond | 3.55 | 03/31/32 | 400,000 | 368,000 | ||||||||||
| Indonesia Government International Bond(1) | 3.85 | 07/18/27 | 400,000 | 395,750 | ||||||||||
| Indonesia Government International Bond | 3.85 | 10/15/30 | 475,000 | 454,219 | ||||||||||
| Indonesia Government International Bond | 4.10 | 04/24/28 | 200,000 | 199,600 | ||||||||||
| Indonesia Government International Bond(1) | 4.35 | 01/08/27 | 450,000 | 449,972 | ||||||||||
| Indonesia Government International Bond | 4.55 | 01/11/28 | 220,000 | 220,880 | ||||||||||
| Indonesia Government International Bond | 4.65 | 09/20/32 | 250,000 | 244,062 | ||||||||||
| Indonesia Government International Bond(1) | 4.75 | 01/08/26 | 500,000 | 501,688 | ||||||||||
The accompanying notes are an integral part of these financial statements.
177
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Indonesia Government International Bond | 4.75 | 02/11/29 | $ | 425,000 | $ | 429,105 | ||||||||
| Indonesia Government International Bond | 4.75 | 09/10/34 | 225,000 | 218,250 | ||||||||||
| Indonesia Government International Bond | 4.85 | 01/11/33 | 600,000 | 594,300 | ||||||||||
| Indonesia Government International Bond | 5.60 | 01/15/35 | 300,000 | 310,125 | ||||||||||
| Iraq International Bond(1) | 5.80 | 01/15/28 | 328,125 | 318,486 | ||||||||||
| Ivory Coast Government International Bond(1) | 6.13 | 06/15/33 | 950,000 | 821,750 | ||||||||||
| Ivory Coast Government International Bond(1) | 7.63 | 01/30/33 | 925,000 | 868,344 | ||||||||||
| Ivory Coast Government International Bond(1) | 8.08 | 04/01/36 | 1,475,000 | 1,358,844 | ||||||||||
| Jamaica Government International Bond | 6.75 | 04/28/28 | 1,055,000 | 1,082,430 | ||||||||||
| Jordan Government International Bond(1) | 5.75 | 01/31/27 | 1,000,000 | 992,190 | ||||||||||
| Jordan Government International Bond(1) | 5.85 | 07/07/30 | 1,100,000 | 1,015,740 | ||||||||||
| Jordan Government International Bond(1) | 6.13 | 01/29/26 | 600,000 | 600,750 | ||||||||||
| Jordan Government International Bond(1) | 7.50 | 01/13/29 | 1,025,000 | 1,024,682 | ||||||||||
| Kazakhstan Government International Bond(1) | 4.71 | 04/09/35 | 1,225,000 | 1,178,450 | ||||||||||
| KSA Sukuk Ltd.(1) | 2.25 | 05/17/31 | 375,000 | 326,368 | ||||||||||
| KSA Sukuk Ltd.(1) | 2.97 | 10/29/29 | 575,000 | 538,275 | ||||||||||
| KSA Sukuk Ltd.(1) | 3.63 | 04/20/27 | 1,100,000 | 1,086,184 | ||||||||||
| KSA Sukuk Ltd.(1) | 4.27 | 05/22/29 | 800,000 | 795,648 | ||||||||||
| KSA Sukuk Ltd.(1) | 4.30 | 01/19/29 | 450,000 | 447,134 | ||||||||||
| KSA Sukuk Ltd.(1) | 4.51 | 05/22/33 | 800,000 | 782,252 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.25 | 06/04/27 | 200,000 | 203,212 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.25 | 06/04/30 | 400,000 | 409,300 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.25 | 06/04/34 | 650,000 | 666,738 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.27 | 10/25/28 | 475,000 | 486,818 | ||||||||||
| Kuwait International Government Bond(1) | 3.50 | 03/20/27 | 2,450,000 | 2,414,794 | ||||||||||
| Latvia Government International Bond(1) | 5.13 | 07/30/34 | 950,000 | 945,055 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.00 | 01/27/23 | 700,000 | 119,700 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.10 | 10/04/22 | 1,275,000 | 218,025 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.60 | 11/27/26 | 1,400,000 | 239,400 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.65 | 02/26/30 | 1,200,000 | 205,200 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.75 | 11/29/27 | 700,000 | 119,700 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.85 | 03/23/27 | 1,100,000 | 188,100 | ||||||||||
| Lebanon Government International Bond(1),(2) | 7.00 | 03/23/32 | 800,000 | 136,800 | ||||||||||
| Lebanon Government International Bond(1),(2) | 8.25 | 04/12/21 | 2,000,000 | 342,000 | ||||||||||
| Malaysia Sukuk Global Bhd(1) | 3.18 | 04/27/26 | 900,000 | 891,644 | ||||||||||
| Mexico Government International Bond | 2.66 | 05/24/31 | 825,000 | 702,075 | ||||||||||
| Mexico Government International Bond | 3.25 | 04/16/30 | 450,000 | 410,175 | ||||||||||
| Mexico Government International Bond | 3.50 | 02/12/34 | 600,000 | 493,128 | ||||||||||
| Mexico Government International Bond | 3.75 | 01/11/28 | 625,000 | 611,250 | ||||||||||
| Mexico Government International Bond | 4.13 | 01/21/26 | 425,000 | 423,831 | ||||||||||
| Mexico Government International Bond | 4.15 | 03/28/27 | 525,000 | 521,588 | ||||||||||
| Mexico Government International Bond | 4.50 | 04/22/29 | 650,000 | 637,650 | ||||||||||
| Mexico Government International Bond | 4.75 | 04/27/32 | 500,000 | 469,000 | ||||||||||
| Mexico Government International Bond | 4.88 | 05/19/33 | 475,000 | 438,069 | ||||||||||
| Mexico Government International Bond | 5.00 | 05/07/29 | 230,000 | 229,458 | ||||||||||
| Mexico Government International Bond | 5.40 | 02/09/28 | 300,000 | 306,263 | ||||||||||
| Mexico Government International Bond | 6.00 | 05/13/30 | 450,000 | 463,050 | ||||||||||
| Mexico Government International Bond | 6.35 | 02/09/35 | 600,000 | 597,000 | ||||||||||
The accompanying notes are an integral part of these financial statements.
178
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Mexico Government International Bond | 6.75 | 09/27/34 | $ | 550,000 | $ | 572,000 | ||||||||
| Mexico Government International Bond | 8.30 | 08/15/31 | 400,000 | 469,400 | ||||||||||
| Morocco Government International Bond(1) | 3.00 | 12/15/32 | 800,000 | 661,752 | ||||||||||
| Morocco Government International Bond(1) | 5.95 | 03/08/28 | 930,000 | 946,682 | ||||||||||
| Morocco Government International Bond(1) | 6.50 | 09/08/33 | 1,100,000 | 1,138,500 | ||||||||||
| Nigeria Government International Bond(1) | 6.13 | 09/28/28 | 1,100,000 | 980,375 | ||||||||||
| Nigeria Government International Bond(1) | 6.50 | 11/28/27 | 1,350,000 | 1,269,000 | ||||||||||
| Nigeria Government International Bond(1) | 7.14 | 02/23/30 | 1,000,000 | 865,780 | ||||||||||
| Nigeria Government International Bond(1) | 7.38 | 09/28/33 | 1,200,000 | 969,456 | ||||||||||
| Nigeria Government International Bond(1) | 7.88 | 02/16/32 | 1,250,000 | 1,068,750 | ||||||||||
| Nigeria Government International Bond(1) | 8.38 | 03/24/29 | 925,000 | 866,031 | ||||||||||
| Nigeria Government International Bond(1) | 8.75 | 01/21/31 | 800,000 | 728,892 | ||||||||||
| Nigeria Government International Bond(1) | 10.38 | 12/09/34 | 1,200,000 | 1,136,400 | ||||||||||
| Oman Government International Bond(1) | 4.75 | 06/15/26 | 1,725,000 | 1,716,375 | ||||||||||
| Oman Government International Bond(1) | 5.38 | 03/08/27 | 1,325,000 | 1,333,381 | ||||||||||
| Oman Government International Bond(1) | 5.63 | 01/17/28 | 1,775,000 | 1,796,087 | ||||||||||
| Oman Government International Bond(1) | 6.00 | 08/01/29 | 1,525,000 | 1,572,664 | ||||||||||
| Oman Government International Bond(1) | 6.25 | 01/25/31 | 1,250,000 | 1,310,388 | ||||||||||
| Oman Government International Bond(1) | 6.75 | 10/28/27 | 875,000 | 908,482 | ||||||||||
| Oman Government International Bond(1) | 7.38 | 10/28/32 | 850,000 | 952,357 | ||||||||||
| Oman Sovereign Sukuk Co.(1) | 4.88 | 06/15/30 | 1,400,000 | 1,395,576 | ||||||||||
| Pakistan Global Sukuk Programme Co. Ltd.(1) | 7.95 | 01/31/29 | 775,000 | 682,775 | ||||||||||
| Pakistan Government International Bond(1) | 6.00 | 04/08/26 | 975,000 | 920,156 | ||||||||||
| Pakistan Government International Bond(1) | 6.88 | 12/05/27 | 1,325,000 | 1,167,919 | ||||||||||
| Pakistan Government International Bond(1) | 7.38 | 04/08/31 | 1,225,000 | 967,750 | ||||||||||
| Panama Government International Bond | 2.25 | 09/29/32 | 1,400,000 | 1,030,050 | ||||||||||
| Panama Government International Bond | 3.16 | 01/23/30 | 925,000 | 812,844 | ||||||||||
| Panama Government International Bond | 3.30 | 01/19/33 | 550,000 | 432,369 | ||||||||||
| Panama Government International Bond | 3.88 | 03/17/28 | 600,000 | 574,800 | ||||||||||
| Panama Government International Bond | 6.40 | 02/14/35 | 1,350,000 | 1,278,450 | ||||||||||
| Panama Government International Bond | 6.70 | 01/26/36 | 1,200,000 | 1,161,600 | ||||||||||
| Panama Government International Bond | 7.50 | 03/01/31 | 625,000 | 652,500 | ||||||||||
| Paraguay Government International Bond(1) | 4.95 | 04/28/31 | 850,000 | 838,950 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 1.50 | 06/09/26 | 450,000 | 436,725 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 2.55 | 06/09/31 | 250,000 | 219,062 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 2.80 | 06/23/30 | 300,000 | 273,301 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.15 | 03/29/27 | 550,000 | 548,281 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.40 | 06/06/27 | 550,000 | 550,344 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.40 | 03/01/28 | 525,000 | 525,984 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.45 | 02/20/29 | 400,000 | 399,300 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.55 | 03/29/26 | 325,000 | 325,812 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.70 | 06/06/32 | 500,000 | 491,940 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.00 | 05/25/30 | 400,000 | 406,000 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.20 | 07/02/34 | 200,000 | 201,200 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.40 | 11/15/28 | 400,000 | 413,258 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.60 | 11/15/33 | 200,000 | 206,800 | ||||||||||
| Peruvian Government International Bond | 1.86 | 12/01/32 | 655,000 | 518,105 | ||||||||||
| Peruvian Government International Bond | 2.78 | 01/23/31 | 2,142,000 | 1,905,844 | ||||||||||
The accompanying notes are an integral part of these financial statements.
179
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Peruvian Government International Bond | 3.00 | 01/15/34 | $ | 1,515,000 | $ | 1,267,297 | ||||||||
| Peruvian Government International Bond | 5.38 | 02/08/35 | 875,000 | 866,250 | ||||||||||
| Peruvian Government International Bond | 8.75 | 11/21/33 | 1,415,000 | 1,723,470 | ||||||||||
| Philippine Government International Bond | 1.65 | 06/10/31 | 650,000 | 548,519 | ||||||||||
| Philippine Government International Bond | 2.46 | 05/05/30 | 575,000 | 524,903 | ||||||||||
| Philippine Government International Bond | 3.00 | 02/01/28 | 850,000 | 821,312 | ||||||||||
| Philippine Government International Bond | 3.75 | 01/14/29 | 850,000 | 832,575 | ||||||||||
| Philippine Government International Bond | 4.75 | 03/05/35 | 550,000 | 535,631 | ||||||||||
| Philippine Government International Bond | 5.00 | 07/17/33 | 630,000 | 632,205 | ||||||||||
| Philippine Government International Bond | 5.25 | 05/14/34 | 400,000 | 406,124 | ||||||||||
| Philippine Government International Bond | 5.50 | 03/30/26 | 375,000 | 378,656 | ||||||||||
| Philippine Government International Bond | 5.50 | 02/04/35 | 550,000 | 566,981 | ||||||||||
| Philippine Government International Bond | 6.38 | 01/15/32 | 550,000 | 596,577 | ||||||||||
| Philippine Government International Bond | 6.38 | 10/23/34 | 1,025,000 | 1,119,812 | ||||||||||
| Philippine Government International Bond | 7.75 | 01/14/31 | 850,000 | 983,875 | ||||||||||
| Philippine Government International Bond | 9.50 | 02/02/30 | 1,050,000 | 1,270,500 | ||||||||||
| Qatar Government International Bond(1) | 3.25 | 06/02/26 | 1,350,000 | 1,334,813 | ||||||||||
| Qatar Government International Bond(1) | 3.75 | 04/16/30 | 1,200,000 | 1,175,100 | ||||||||||
| Qatar Government International Bond(1) | 4.00 | 03/14/29 | 1,550,000 | 1,543,506 | ||||||||||
| Qatar Government International Bond(1) | 4.50 | 04/23/28 | 1,050,000 | 1,063,781 | ||||||||||
| Qatar Government International Bond(1) | 4.63 | 05/29/29 | 400,000 | 407,016 | ||||||||||
| Qatar Government International Bond(1) | 4.75 | 05/29/34 | 600,000 | 610,542 | ||||||||||
| Qatar Government International Bond(1) | 9.75 | 06/15/30 | 475,000 | 596,035 | ||||||||||
| RAK Capital(1) | 5.00 | 03/12/35 | 275,000 | 279,813 | ||||||||||
| Republic of Azerbaijan International Bond(1) | 3.50 | 09/01/32 | 850,000 | 744,600 | ||||||||||
| Republic of Kenya Government International Bond(1) | 6.30 | 01/23/34 | 900,000 | 684,450 | ||||||||||
| Republic of Kenya Government International Bond(1) | 7.25 | 02/28/28 | 800,000 | 748,800 | ||||||||||
| Republic of Kenya Government International Bond(1) | 8.00 | 05/22/32 | 1,100,000 | 954,085 | ||||||||||
| Republic of Kenya Government International Bond(1) | 9.50 | 03/05/36 | 1,150,000 | 1,003,375 | ||||||||||
| Republic of Kenya Government International Bond(1) | 9.75 | 02/16/31 | 1,225,000 | 1,166,813 | ||||||||||
| Republic of Poland Government International Bond | 3.25 | 04/06/26 | 1,120,000 | 1,108,296 | ||||||||||
| Republic of Poland Government International Bond | 4.63 | 03/18/29 | 890,000 | 897,983 | ||||||||||
| Republic of Poland Government International Bond | 4.88 | 02/12/30 | 1,800,000 | 1,832,850 | ||||||||||
| Republic of Poland Government International Bond | 4.88 | 10/04/33 | 1,635,000 | 1,619,467 | ||||||||||
| Republic of Poland Government International Bond | 5.13 | 09/18/34 | 1,910,000 | 1,900,335 | ||||||||||
| Republic of Poland Government International Bond | 5.38 | 02/12/35 | 1,750,000 | 1,774,062 | ||||||||||
| Republic of Poland Government International Bond | 5.50 | 11/16/27 | 965,000 | 996,063 | ||||||||||
| Republic of Poland Government International Bond | 5.75 | 11/16/32 | 880,000 | 926,385 | ||||||||||
| Republic of South Africa Government International Bond | 4.30 | 10/12/28 | 1,490,000 | 1,413,533 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/27/27 | 650,000 | 638,969 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/30/29 | 1,450,000 | 1,367,350 | ||||||||||
| Republic of South Africa Government International Bond | 4.88 | 04/14/26 | 1,000,000 | 994,000 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 06/22/30 | 1,025,000 | 993,994 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 04/20/32 | 1,025,000 | 970,337 | ||||||||||
| Romanian Government International Bond(1) | 3.00 | 02/27/27 | 1,170,000 | 1,120,158 | ||||||||||
| Romanian Government International Bond(1) | 3.00 | 02/14/31 | 1,030,000 | 855,549 | ||||||||||
| Romanian Government International Bond(1) | 3.63 | 03/27/32 | 910,000 | 756,692 | ||||||||||
| Romanian Government International Bond(1) | 5.25 | 11/25/27 | 730,000 | 726,533 | ||||||||||
The accompanying notes are an integral part of these financial statements.
180
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Romanian Government International Bond(1) | 5.75 | 03/24/35 | $ | 1,650,000 | $ | 1,464,276 | ||||||||
| Romanian Government International Bond(1) | 5.88 | 01/30/29 | 1,600,000 | 1,588,608 | ||||||||||
| Romanian Government International Bond(1) | 6.00 | 05/25/34 | 850,000 | 785,188 | ||||||||||
| Romanian Government International Bond(1) | 6.38 | 01/30/34 | 1,710,000 | 1,620,122 | ||||||||||
| Romanian Government International Bond(1) | 6.63 | 02/17/28 | 1,430,000 | 1,463,605 | ||||||||||
| Romanian Government International Bond(1) | 7.13 | 01/17/33 | 1,310,000 | 1,322,825 | ||||||||||
| ROP Sukuk Trust(1) | 5.05 | 06/06/29 | 450,000 | 459,675 | ||||||||||
| Saudi Government International Bond(1) | 2.25 | 02/02/33 | 650,000 | 538,486 | ||||||||||
| Saudi Government International Bond(1) | 2.50 | 02/03/27 | 275,000 | 266,560 | ||||||||||
| Saudi Government International Bond(1) | 2.75 | 02/03/32 | 225,000 | 199,195 | ||||||||||
| Saudi Government International Bond(1) | 3.25 | 10/26/26 | 1,250,000 | 1,234,238 | ||||||||||
| Saudi Government International Bond(1) | 3.25 | 10/22/30 | 750,000 | 698,441 | ||||||||||
| Saudi Government International Bond(1) | 3.63 | 03/04/28 | 1,275,000 | 1,246,160 | ||||||||||
| Saudi Government International Bond(1) | 4.38 | 04/16/29 | 1,050,000 | 1,045,601 | ||||||||||
| Saudi Government International Bond(1) | 4.50 | 04/17/30 | 700,000 | 696,416 | ||||||||||
| Saudi Government International Bond(1) | 4.75 | 01/18/28 | 875,000 | 882,823 | ||||||||||
| Saudi Government International Bond(1) | 4.75 | 01/16/30 | 700,000 | 704,725 | ||||||||||
| Saudi Government International Bond(1) | 4.88 | 07/18/33 | 875,000 | 867,891 | ||||||||||
| Saudi Government International Bond(1) | 5.00 | 01/16/34 | 925,000 | 920,542 | ||||||||||
| Saudi Government International Bond(1) | 5.13 | 01/13/28 | 1,200,000 | 1,218,000 | ||||||||||
| Saudi Government International Bond(1) | 5.38 | 01/13/31 | 600,000 | 618,561 | ||||||||||
| Saudi Government International Bond(1) | 5.50 | 10/25/32 | 700,000 | 725,844 | ||||||||||
| Saudi Government International Bond(1) | 5.63 | 01/13/35 | 1,000,000 | 1,036,000 | ||||||||||
| Senegal Government International Bond(1) | 6.25 | 05/23/33 | 825,000 | 575,850 | ||||||||||
| Senegal Government International Bond(1) | 7.75 | 06/10/31 | 900,000 | 706,050 | ||||||||||
| Serbia International Bond(1) | 2.13 | 12/01/30 | 900,000 | 751,613 | ||||||||||
| Serbia International Bond(1) | 6.00 | 06/12/34 | 1,400,000 | 1,387,750 | ||||||||||
| Serbia International Bond(1) | 6.50 | 09/26/33 | 750,000 | 775,313 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 2.94 | 06/10/27 | 225,000 | 216,189 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 3.23 | 10/23/29 | 400,000 | 369,940 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 3.85 | 04/03/26 | 200,000 | 198,200 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 4.23 | 03/14/28 | 450,000 | 440,593 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 5.43 | 04/17/35 | 200,000 | 198,126 | ||||||||||
| Sri Lanka Government International Bond(4),(5) | 3.10 | 01/15/30 | 874,333 | 715,204 | ||||||||||
| Sri Lanka Government International Bond(4),(5) | 3.35 | 03/15/33 | 1,718,843 | 1,220,550 | ||||||||||
| Sri Lanka Government International Bond(4),(5) | 3.60 | 06/15/35 | 1,075,570 | 695,961 | ||||||||||
| Sri Lanka Government International Bond(5) | 4.00 | 04/15/28 | 587,909 | 545,065 | ||||||||||
| Sri Lanka Government International Bond(1) | 4.00 | 04/15/28 | 219,000 | 203,040 | ||||||||||
| Trinidad & Tobago Government International Bond(1) | 4.50 | 08/04/26 | 800,000 | 789,800 | ||||||||||
| Turkiye Government International Bond | 4.25 | 04/14/26 | 525,000 | 517,781 | ||||||||||
| Turkiye Government International Bond | 4.75 | 01/26/26 | 450,000 | 448,659 | ||||||||||
| Turkiye Government International Bond | 4.88 | 10/09/26 | 950,000 | 939,360 | ||||||||||
| Turkiye Government International Bond | 5.13 | 02/17/28 | 640,000 | 616,800 | ||||||||||
| Turkiye Government International Bond | 5.25 | 03/13/30 | 725,000 | 670,625 | ||||||||||
| Turkiye Government International Bond | 5.88 | 06/26/31 | 625,000 | 578,906 | ||||||||||
| Turkiye Government International Bond | 5.95 | 01/15/31 | 600,000 | 562,164 | ||||||||||
| Turkiye Government International Bond | 6.00 | 03/25/27 | 1,050,000 | 1,050,199 | ||||||||||
| Turkiye Government International Bond | 6.13 | 10/24/28 | 850,000 | 838,312 | ||||||||||
The accompanying notes are an integral part of these financial statements.
181
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.7% (Continued) | ||||||||||||||
| Turkiye Government International Bond | 6.50 | 09/20/33 | $ | 500,000 | $ | 464,565 | ||||||||
| Turkiye Government International Bond | 6.50 | 01/03/35 | 1,200,000 | 1,101,000 | ||||||||||
| Turkiye Government International Bond | 7.13 | 02/12/32 | 750,000 | 733,687 | ||||||||||
| Turkiye Government International Bond | 7.13 | 07/17/32 | 500,000 | 488,125 | ||||||||||
| Turkiye Government International Bond | 7.63 | 04/26/29 | 1,025,000 | 1,048,196 | ||||||||||
| Turkiye Government International Bond | 7.63 | 05/15/34 | 900,000 | 896,913 | ||||||||||
| Turkiye Government International Bond | 8.00 | 02/14/34 | 435,000 | 451,312 | ||||||||||
| Turkiye Government International Bond | 8.60 | 09/24/27 | 625,000 | 656,644 | ||||||||||
| Turkiye Government International Bond | 9.13 | 07/13/30 | 800,000 | 868,800 | ||||||||||
| Turkiye Government International Bond | 9.38 | 03/14/29 | 650,000 | 701,399 | ||||||||||
| Turkiye Government International Bond | 9.38 | 01/19/33 | 800,000 | 878,280 | ||||||||||
| Turkiye Government International Bond | 9.88 | 01/15/28 | 1,125,000 | 1,216,552 | ||||||||||
| Turkiye Government International Bond | 11.88 | 01/15/30 | 325,000 | 392,480 | ||||||||||
| UAE International Government Bond(1) | 2.00 | 10/19/31 | 225,000 | 196,657 | ||||||||||
| UAE International Government Bond(1) | 4.05 | 07/07/32 | 450,000 | 442,073 | ||||||||||
| UAE International Government Bond(1) | 4.86 | 07/02/34 | 450,000 | 462,681 | ||||||||||
| UAE International Government Bond(1) | 4.92 | 09/25/33 | 400,000 | 413,312 | ||||||||||
| Ukraine Government International Bond(1),(4) | ZCP | 02/01/34 | 1,370,663 | 520,852 | ||||||||||
| Ukraine Government International Bond(1),(4) | ZCP | 02/01/35 | 1,375,000 | 694,375 | ||||||||||
| Ukraine Government International Bond(1),(4) | 1.75 | 02/01/29 | 948,432 | 579,966 | ||||||||||
| Ukraine Government International Bond(1),(4) | 1.75 | 02/01/34 | 2,727,647 | 1,359,732 | ||||||||||
| Ukraine Government International Bond(1),(4) | 1.75 | 02/01/35 | 2,425,000 | 1,193,100 | ||||||||||
| Uruguay Government International Bond | 4.38 | 10/27/27 | 1,075,000 | 1,078,762 | ||||||||||
| Uruguay Government International Bond | 4.38 | 01/23/31 | 1,620,000 | 1,607,850 | ||||||||||
| Uruguay Government International Bond | 5.75 | 10/28/34 | 1,825,000 | 1,911,687 | ||||||||||
| Uruguay Government International Bond | 7.63 | 03/21/36 | 750,000 | 889,687 | ||||||||||
| Venezuela Government International Bond(1),(2) | 6.00 | 12/09/20 | 615,000 | 79,950 | ||||||||||
| Venezuela Government International Bond(1),(2) | 7.65 | 04/21/25 | 490,000 | 71,050 | ||||||||||
| Venezuela Government International Bond(1),(2) | 7.75 | 10/13/19 | 1,125,000 | 163,125 | ||||||||||
| Venezuela Government International Bond(1),(2) | 8.25 | 10/13/24 | 900,000 | 130,500 | ||||||||||
| Venezuela Government International Bond(1),(2) | 9.00 | 05/07/23 | 955,000 | 138,475 | ||||||||||
| Venezuela Government International Bond(2) | 9.25 | 09/15/27 | 1,690,000 | 304,200 | ||||||||||
| Venezuela Government International Bond(1),(2) | 9.25 | 05/07/28 | 735,000 | 119,438 | ||||||||||
| Venezuela Government International Bond(2) | 9.38 | 01/13/34 | 665,000 | 145,223 | ||||||||||
| Venezuela Government International Bond(1),(2) | 11.75 | 10/21/26 | 1,375,000 | 255,750 | ||||||||||
| Venezuela Government International Bond(1),(2) | 11.95 | 08/05/31 | 1,565,000 | 265,268 | ||||||||||
| Venezuela Government International Bond(1),(2) | 12.75 | 08/23/22 | 1,300,000 | 221,000 | ||||||||||
| Zambia Government International Bond(1),(4) | 5.75 | 06/30/33 | 864,970 | 750,629 | ||||||||||
| 286,869,166 | ||||||||||||||
| TOTAL GOVERNMENT AGENCIES AND OBLIGATIONS (Cost - $290,331,077) | 298,127,341 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
182
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| Citibank, London | 1.06 | 05/02/25 | EUR | 1,986 | $ | 2,258 | ||||||||
| Citibank, New York | 3.68 | 05/01/25 | $ | 1,851,784 | 1,851,784 | |||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,854,042) | 1,854,042 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $332,500,969) | $ | 340,588,686 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 2,712,681 | |||||||||||||
| NET ASSETS – 100.0% | $ | 343,301,367 | ||||||||||||
| ZCP | Indicates a zero coupon rate. |
| EUR | Euro. |
| (1) | Security was purchased pursuant to Regulation S under the Securities Act of 1933 and may not be resold subject to that Regulation except to qualified institutional buyers. The aggregate value of Regulation S holdings at April 30, 2025, amounts to $216,339,415 and represents 63.0% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
| (2) | Defaulted security. Security has not paid its last interest payment and/or interest is not being accrued. |
| (3) | Variable rate security. Interest rate disclosed is that which is in effect at April 30, 2025. |
| (4) | 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, 2025. |
| (5) | 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, 2025, amounts to $3,176,780 and represents 0.9% 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.
183
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments (Continued)
April 30, 2025 (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, 2025:
| Country | Percent
of Net Assets |
|||
| Angola | 1.0 | % | ||
| Argentina | 4.4 | % | ||
| Azerbaijan | 0.7 | % | ||
| Bahrain | 3.6 | % | ||
| Bolivia | 0.1 | % | ||
| Brazil | 3.5 | % | ||
| Chile | 1.8 | % | ||
| China | 2.7 | % | ||
| Colombia | 2.2 | % | ||
| Costa Rica | 0.7 | % | ||
| Dominican Republic | 2.4 | % | ||
| Ecuador | 1.6 | % | ||
| Egypt | 2.6 | % | ||
| El Salvador | 0.3 | % | ||
| Ethiopia | 0.2 | % | ||
| Ghana | 1.3 | % | ||
| Hong Kong | 0.4 | % | ||
| Hungary | 2.7 | % | ||
| India | 1.4 | % | ||
| Indonesia | 3.4 | % | ||
| Iraq | 0.1 | % | ||
| Ivory Coast | 0.9 | % | ||
| Jamaica | 0.3 | % | ||
| Jordan | 1.1 | % | ||
| Kazakhstan | 0.3 | % | ||
| Kenya | 1.3 | % | ||
| Kuwait | 0.7 | % | ||
| Latvia | 0.3 | % | ||
| Lebanon | 0.5 | % | ||
| Malaysia | 1.8 | % | ||
| Mexico | 4.2 | % | ||
| Morocco | 0.8 | % | ||
| Nigeria | 2.3 | % | ||
| Oman | 3.4 | % | ||
| Pakistan | 1.1 | % | ||
| Panama | 1.9 | % | ||
| * | Includes cash and any non-equity securities and net other assets (liabilities). |
| Country | Percent
of Net Assets |
|||
| Paraguay | 0.2 | % | ||
| Peru | 2.0 | % | ||
| Philippines | 2.8 | % | ||
| Poland | 4.1 | % | ||
| Qatar | 2.5 | % | ||
| Romania | 3.4 | % | ||
| Saudi Arabia | 7.1 | % | ||
| Senegal | 0.4 | % | ||
| Serbia | 0.8 | % | ||
| South Africa | 2.3 | % | ||
| Sri Lanka | 1.0 | % | ||
| Trinidad And Tobago | 0.2 | % | ||
| Turkey | 5.7 | % | ||
| Ukraine | 1.3 | % | ||
| United Arab Emirates | 4.1 | % | ||
| Uruguay | 1.6 | % | ||
| Venezuela | 1.0 | % | ||
| Zambia | 0.2 | % | ||
| Other* | 1.3 | % | ||
| 100.0 | % | |||
The accompanying notes are an integral part of these financial statements.
184
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 100.0% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 100.0% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 04/16/26 | $ | 88,000,000 | $ | 84,836,917 | ||||||||
| U.S. Treasury Bill | ZCP | 03/19/26 | 106,127,300 | 102,573,927 | ||||||||||
| U.S. Treasury Bill | ZCP | 02/19/26 | 114,159,000 | 110,648,186 | ||||||||||
| U.S. Treasury Bill | ZCP | 09/04/25 | 122,684,000 | 120,910,127 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/26/25 | 100,567,000 | 98,008,941 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/22/26 | 112,841,700 | 109,676,992 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/28/25 | 100,487,500 | 98,189,176 | ||||||||||
| U.S. Treasury Bill | ZCP | 10/30/25 | 106,054,000 | 103,893,175 | ||||||||||
| U.S. Treasury Bill | ZCP | 10/02/25 | 93,508,900 | 91,878,314 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/27/25 | 10,691,000 | 10,658,407 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/22/25 | 24,291,000 | 24,230,995 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/08/25 | 11,287,600 | 11,278,396 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/20/25 | 3,714,000 | 3,692,250 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/29/25 | 16,289,200 | 16,235,808 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/01/25 | 3,690,200 | 3,689,768 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/05/25 | 16,840,000 | 16,770,806 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/26/25 | 11,146,200 | 11,072,804 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/07/25 | 68,599,000 | 67,819,058 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/10/25 | 99,783,500 | 98,971,963 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/12/25 | 102,225,600 | 101,721,652 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/15/25 | 37,954,000 | 37,891,932 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $1,324,172,642) | 1,324,649,594 | |||||||||||||
| TIME DEPOSITS – 0.0% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 525,897 | 525,897 | ||||||||||
| TOTAL TIME DEPOSITS (Cost - $525,897) | 525,897 | |||||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,324,698,539) | 1,325,175,491 | |||||||||||||
| TOTAL INVESTMENTS – 100.0% (Cost - $1,324,698,539) | $ | 1,325,175,491 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.0)% | (14,275 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 1,325,161,216 | ||||||||||||
| ZCP | Indicates a zero coupon rate. |
The accompanying notes are an integral part of these financial statements.
185
BONDBLOXX ETF TRUST
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Note | 0.25 | 10/31/25 | $ | 301,200 | $ | 295,464 | ||||||||
| U.S. Treasury Note | 0.38 | 11/30/25 | 12,884,600 | 12,610,551 | ||||||||||
| U.S. Treasury Note | 0.38 | 12/31/25 | 14,715,400 | 14,365,622 | ||||||||||
| U.S. Treasury Note | 0.38 | 01/31/26 | 15,817,100 | 15,394,487 | ||||||||||
| U.S. Treasury Note | 0.50 | 02/28/26 | 15,183,000 | 14,755,089 | ||||||||||
| U.S. Treasury Note | 0.63 | 07/31/26 | 11,782,700 | 11,332,104 | ||||||||||
| U.S. Treasury Note | 0.75 | 03/31/26 | 12,202,200 | 11,858,060 | ||||||||||
| U.S. Treasury Note | 0.75 | 04/30/26 | 12,120,200 | 11,750,202 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 11,400,400 | 11,026,992 | ||||||||||
| U.S. Treasury Note | 0.75 | 08/31/26 | 12,857,000 | 12,358,791 | ||||||||||
| U.S. Treasury Note | 0.88 | 06/30/26 | 10,412,500 | 10,065,552 | ||||||||||
| U.S. Treasury Note | 0.88 | 09/30/26 | 11,032,400 | 10,602,309 | ||||||||||
| U.S. Treasury Note | 1.13 | 10/31/26 | 10,150,000 | 9,772,150 | ||||||||||
| U.S. Treasury Note | 1.38 | 08/31/26 | 4,945,400 | 4,793,851 | ||||||||||
| U.S. Treasury Note | 1.50 | 08/15/26 | 12,280,800 | 11,932,284 | ||||||||||
| U.S. Treasury Note | 1.63 | 02/15/26 | 11,342,100 | 11,134,531 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/26 | 10,867,000 | 10,619,946 | ||||||||||
| U.S. Treasury Note | 1.63 | 09/30/26 | 3,677,600 | 3,572,659 | ||||||||||
| U.S. Treasury Note | 1.63 | 10/31/26 | 4,000,000 | 3,880,000 | ||||||||||
| U.S. Treasury Note | 1.88 | 06/30/26 | 5,409,400 | 5,290,435 | ||||||||||
| U.S. Treasury Note | 1.88 | 07/31/26 | 5,100,300 | 4,983,352 | ||||||||||
| U.S. Treasury Note | 2.00 | 11/15/26 | 10,000,000 | 9,747,656 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/31/26 | 4,991,600 | 4,900,640 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/25 | 15,272,500 | 15,119,178 | ||||||||||
| U.S. Treasury Note | 2.25 | 03/31/26 | 5,840,400 | 5,754,049 | ||||||||||
| U.S. Treasury Note | 2.38 | 04/30/26 | 3,274,400 | 3,226,243 | ||||||||||
| U.S. Treasury Note | 2.50 | 02/28/26 | 6,108,400 | 6,034,670 | ||||||||||
| U.S. Treasury Note | 2.63 | 12/31/25 | 5,303,800 | 5,255,424 | ||||||||||
| U.S. Treasury Note | 2.63 | 01/31/26 | 6,074,100 | 6,011,461 | ||||||||||
| U.S. Treasury Note | 2.88 | 11/30/25 | 5,282,300 | 5,244,849 | ||||||||||
| U.S. Treasury Note | 3.00 | 10/31/25 | 393,400 | 391,164 | ||||||||||
| U.S. Treasury Note | 3.50 | 09/30/26 | 11,032,400 | 10,997,493 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/15/26 | 8,524,900 | 8,503,255 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/15/26 | 8,489,100 | 8,477,328 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/26 | 14,966,500 | 14,962,115 | ||||||||||
| U.S. Treasury Note | 3.88 | 01/15/26 | 10,897,100 | 10,890,076 | ||||||||||
| U.S. Treasury Note | 4.00 | 12/15/25 | 9,632,200 | 9,632,012 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/26 | 11,293,200 | 11,293,200 | ||||||||||
| U.S. Treasury Note | 4.13 | 06/15/26 | 8,669,200 | 8,697,138 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/26 | 13,274,800 | 13,352,582 | ||||||||||
| U.S. Treasury Note | 4.25 | 10/15/25 | 528,400 | 528,679 | ||||||||||
| U.S. Treasury Note | 4.25 | 12/31/25 | 14,278,800 | 14,297,764 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/31/26 | 15,929,800 | 15,957,179 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/30/26 | 13,500,000 | 13,613,906 | ||||||||||
| U.S. Treasury Note | 4.38 | 07/31/26 | 14,503,600 | 14,605,578 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/15/26 | 9,212,300 | 9,281,572 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/25 | 10,821,500 | 10,842,213 | ||||||||||
| U.S. Treasury Note | 4.50 | 03/31/26 | 15,383,500 | 15,462,521 | ||||||||||
The accompanying notes are an integral part of these financial statements.
186
BONDBLOXX ETF TRUST
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% (Continued) | ||||||||||||||
| U.S. Treasury Note | 4.50 | 07/15/26 | $ | 8,886,500 | $ | 8,958,703 | ||||||||
| U.S. Treasury Note | 4.63 | 02/28/26 | 17,157,000 | 17,244,796 | ||||||||||
| U.S. Treasury Note | 4.63 | 03/15/26 | 9,727,500 | 9,783,547 | ||||||||||
| U.S. Treasury Note | 4.63 | 06/30/26 | 14,467,500 | 14,599,177 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/15/26 | 9,778,800 | 9,894,732 | ||||||||||
| U.S. Treasury Note | 4.63 | 10/15/26 | 9,183,500 | 9,300,626 | ||||||||||
| U.S. Treasury Note | 4.63 | 11/15/26 | 8,000,000 | 8,109,219 | ||||||||||
| U.S. Treasury Note | 4.88 | 11/30/25 | 12,578,600 | 12,634,123 | ||||||||||
| U.S. Treasury Note | 4.88 | 04/30/26 | 14,430,100 | 14,567,073 | ||||||||||
| U.S. Treasury Note | 4.88 | 05/31/26 | 14,385,200 | 14,535,795 | ||||||||||
| U.S. Treasury Note | 5.00 | 10/31/25 | 529,500 | 531,713 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $574,235,192) | 575,633,880 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 1,918,027 | 1,918,027 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,918,027) | 1,918,027 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $576,153,219) | $ | 577,551,907 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 4,687,669 | |||||||||||||
| NET ASSETS – 100.0% | $ | 582,239,576 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
187
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.0% | ||||||||||||||
| U.S. Treasury Bond | 6.50 | 11/15/26 | $ | 130,500 | $ | 136,620 | ||||||||
| U.S. Treasury Bond | 6.63 | 02/15/27 | 108,400 | 114,423 | ||||||||||
| U.S. Treasury Note | 0.38 | 07/31/27 | 1,535,400 | 1,429,841 | ||||||||||
| U.S. Treasury Note | 0.38 | 09/30/27 | 1,629,900 | 1,509,822 | ||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | 1,146,400 | 1,078,512 | ||||||||||
| U.S. Treasury Note | 0.50 | 05/31/27 | 1,170,800 | 1,098,494 | ||||||||||
| U.S. Treasury Note | 0.50 | 06/30/27 | 1,402,600 | 1,313,020 | ||||||||||
| U.S. Treasury Note | 0.50 | 08/31/27 | 1,378,800 | 1,284,492 | ||||||||||
| U.S. Treasury Note | 0.50 | 10/31/27 | 1,630,000 | 1,510,552 | ||||||||||
| U.S. Treasury Note | 0.63 | 07/31/26 | 1,863,900 | 1,792,620 | ||||||||||
| U.S. Treasury Note | 0.63 | 03/31/27 | 881,200 | 833,044 | ||||||||||
| U.S. Treasury Note | 0.63 | 11/30/27 | 1,831,500 | 1,698,931 | ||||||||||
| U.S. Treasury Note | 0.63 | 12/31/27 | 1,914,100 | 1,771,215 | ||||||||||
| U.S. Treasury Note | 0.75 | 04/30/26 | 206,000 | 199,711 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 1,641,700 | 1,587,928 | ||||||||||
| U.S. Treasury Note | 0.75 | 08/31/26 | 2,135,300 | 2,052,557 | ||||||||||
| U.S. Treasury Note | 0.75 | 01/31/28 | 2,151,400 | 1,993,154 | ||||||||||
| U.S. Treasury Note | 0.88 | 06/30/26 | 2,058,700 | 1,990,104 | ||||||||||
| U.S. Treasury Note | 0.88 | 09/30/26 | 2,009,900 | 1,931,545 | ||||||||||
| U.S. Treasury Note | 1.13 | 10/31/26 | 1,939,100 | 1,866,914 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/28/27 | 566,200 | 541,484 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/29/28 | 2,100,000 | 1,962,434 | ||||||||||
| U.S. Treasury Note | 1.25 | 11/30/26 | 2,263,500 | 2,179,680 | ||||||||||
| U.S. Treasury Note | 1.25 | 12/31/26 | 1,921,100 | 1,846,807 | ||||||||||
| U.S. Treasury Note | 1.25 | 03/31/28 | 1,856,800 | 1,737,849 | ||||||||||
| U.S. Treasury Note | 1.25 | 04/30/28 | 1,548,000 | 1,445,929 | ||||||||||
| U.S. Treasury Note | 1.25 | 05/31/28 | 1,900,000 | 1,771,230 | ||||||||||
| U.S. Treasury Note | 1.38 | 08/31/26 | 937,800 | 909,062 | ||||||||||
| U.S. Treasury Note | 1.50 | 08/15/26 | 1,898,700 | 1,844,817 | ||||||||||
| U.S. Treasury Note | 1.50 | 01/31/27 | 2,678,100 | 2,581,280 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/26 | 1,973,000 | 1,928,145 | ||||||||||
| U.S. Treasury Note | 1.63 | 09/30/26 | 401,100 | 389,655 | ||||||||||
| U.S. Treasury Note | 1.63 | 10/31/26 | 914,100 | 886,677 | ||||||||||
| U.S. Treasury Note | 1.63 | 11/30/26 | 661,700 | 640,983 | ||||||||||
| U.S. Treasury Note | 1.75 | 12/31/26 | 819,400 | 794,242 | ||||||||||
| U.S. Treasury Note | 1.88 | 06/30/26 | 852,100 | 833,360 | ||||||||||
| U.S. Treasury Note | 1.88 | 07/31/26 | 908,500 | 887,668 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/27 | 1,389,000 | 1,346,191 | ||||||||||
| U.S. Treasury Note | 2.00 | 11/15/26 | 1,365,400 | 1,330,945 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/31/26 | 763,900 | 749,980 | ||||||||||
| U.S. Treasury Note | 2.25 | 02/15/27 | 1,650,500 | 1,611,139 | ||||||||||
| U.S. Treasury Note | 2.25 | 08/15/27 | 1,704,300 | 1,654,902 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/27 | 1,790,800 | 1,733,299 | ||||||||||
| U.S. Treasury Note | 2.38 | 04/30/26 | 209,200 | 206,123 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/27 | 2,111,000 | 2,060,616 | ||||||||||
| U.S. Treasury Note | 2.50 | 03/31/27 | 2,005,200 | 1,964,548 | ||||||||||
| U.S. Treasury Note | 2.63 | 05/31/27 | 1,344,800 | 1,318,639 | ||||||||||
The accompanying notes are an integral part of these financial statements.
188
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.0% (Continued) | ||||||||||||||
| U.S. Treasury Note | 2.75 | 04/30/27 | $ | 1,720,400 | $ | 1,692,477 | ||||||||
| U.S. Treasury Note | 2.75 | 07/31/27 | 1,372,700 | 1,347,873 | ||||||||||
| U.S. Treasury Note | 2.75 | 02/15/28 | 1,982,900 | 1,939,292 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/28 | 1,548,000 | 1,516,254 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/27 | 1,535,400 | 1,519,566 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/27 | 1,306,800 | 1,297,918 | ||||||||||
| U.S. Treasury Note | 3.38 | 09/15/27 | 2,019,200 | 2,010,366 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/28 | 1,321,500 | 1,318,558 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/28 | 1,341,600 | 1,338,246 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/15/26 | 183,900 | 183,433 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/28 | 1,372,600 | 1,374,745 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/31/28 | 1,032,000 | 1,032,887 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/26 | 361,200 | 361,094 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/15/27 | 2,024,100 | 2,031,374 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/15/28 | 1,550,000 | 1,557,447 | ||||||||||
| U.S. Treasury Note | 3.88 | 10/15/27 | 1,662,000 | 1,673,296 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/27 | 1,540,700 | 1,551,473 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/27 | 1,599,800 | 1,612,423 | ||||||||||
| U.S. Treasury Note | 3.88 | 03/15/28 | 1,032,000 | 1,040,708 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/15/27 | 1,944,600 | 1,955,652 | ||||||||||
| U.S. Treasury Note | 4.00 | 12/15/27 | 1,464,800 | 1,480,707 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/29/28 | 1,321,500 | 1,336,057 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/28 | 1,042,000 | 1,055,025 | ||||||||||
| U.S. Treasury Note | 4.13 | 06/15/26 | 1,177,600 | 1,181,395 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/15/27 | 1,765,400 | 1,779,847 | ||||||||||
| U.S. Treasury Note | 4.13 | 09/30/27 | 1,586,600 | 1,607,300 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/27 | 1,723,600 | 1,745,818 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/27 | 1,581,300 | 1,601,807 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/28 | 1,500,000 | 1,523,848 | ||||||||||
| U.S. Treasury Note | 4.25 | 03/15/27 | 1,836,200 | 1,856,821 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/15/28 | 1,800,000 | 1,830,516 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/15/28 | 1,238,400 | 1,260,266 | ||||||||||
| U.S. Treasury Note | 4.38 | 07/31/26 | 309,600 | 311,777 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/15/26 | 1,226,100 | 1,235,320 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/15/26 | 1,810,700 | 1,830,398 | ||||||||||
| U.S. Treasury Note | 4.38 | 07/15/27 | 1,920,400 | 1,951,982 | ||||||||||
| U.S. Treasury Note | 4.50 | 07/15/26 | 1,688,800 | 1,702,522 | ||||||||||
| U.S. Treasury Note | 4.50 | 04/15/27 | 1,437,200 | 1,461,144 | ||||||||||
| U.S. Treasury Note | 4.50 | 05/15/27 | 1,942,500 | 1,976,266 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/15/26 | 1,535,900 | 1,554,109 | ||||||||||
| U.S. Treasury Note | 4.63 | 10/15/26 | 1,639,500 | 1,660,410 | ||||||||||
| U.S. Treasury Note | 4.63 | 11/15/26 | 1,078,400 | 1,093,123 | ||||||||||
| U.S. Treasury Note | 4.63 | 06/15/27 | 1,466,600 | 1,497,479 | ||||||||||
| U.S. Treasury Note | 4.88 | 04/30/26 | 220,400 | 222,492 | ||||||||||
| U.S. Treasury Note | 4.88 | 05/31/26 | 500,300 | 505,538 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $126,698,105) | 127,968,232 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
189
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | $ | 605,408 | $ | 605,408 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $605,408) | 605,408 | |||||||||||||
| TOTAL INVESTMENTS – 99.5% (Cost - $127,303,513) | $ | 128,573,640 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.5% | 690,033 | |||||||||||||
| NET ASSETS – 100.0% | $ | 129,263,673 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
190
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.0% | ||||||||||||||
| U.S. Treasury Bond | 5.25 | 11/15/28 | $ | 300,000 | $ | 316,066 | ||||||||
| U.S. Treasury Note | 0.38 | 07/31/27 | 1,559,600 | 1,452,378 | ||||||||||
| U.S. Treasury Note | 0.38 | 09/30/27 | 2,522,400 | 2,336,570 | ||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | 167,600 | 157,675 | ||||||||||
| U.S. Treasury Note | 0.50 | 05/31/27 | 1,763,000 | 1,654,121 | ||||||||||
| U.S. Treasury Note | 0.50 | 06/30/27 | 1,521,800 | 1,424,607 | ||||||||||
| U.S. Treasury Note | 0.50 | 08/31/27 | 1,912,400 | 1,781,595 | ||||||||||
| U.S. Treasury Note | 0.50 | 10/31/27 | 2,187,800 | 2,027,475 | ||||||||||
| U.S. Treasury Note | 0.63 | 11/30/27 | 2,313,200 | 2,145,764 | ||||||||||
| U.S. Treasury Note | 0.63 | 12/31/27 | 2,554,000 | 2,363,348 | ||||||||||
| U.S. Treasury Note | 0.75 | 01/31/28 | 2,890,200 | 2,677,612 | ||||||||||
| U.S. Treasury Note | 1.00 | 07/31/28 | 2,619,500 | 2,412,089 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/29/28 | 2,859,000 | 2,671,713 | ||||||||||
| U.S. Treasury Note | 1.13 | 08/31/28 | 2,656,200 | 2,450,760 | ||||||||||
| U.S. Treasury Note | 1.25 | 03/31/28 | 2,340,800 | 2,190,843 | ||||||||||
| U.S. Treasury Note | 1.25 | 04/30/28 | 2,625,800 | 2,452,661 | ||||||||||
| U.S. Treasury Note | 1.25 | 05/31/28 | 2,278,400 | 2,123,985 | ||||||||||
| U.S. Treasury Note | 1.25 | 06/30/28 | 2,196,200 | 2,043,581 | ||||||||||
| U.S. Treasury Note | 1.25 | 09/30/28 | 2,924,000 | 2,703,900 | ||||||||||
| U.S. Treasury Note | 1.38 | 10/31/28 | 2,251,800 | 2,086,961 | ||||||||||
| U.S. Treasury Note | 1.38 | 12/31/28 | 2,372,200 | 2,190,393 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/28 | 2,666,800 | 2,477,936 | ||||||||||
| U.S. Treasury Note | 1.75 | 01/31/29 | 2,304,200 | 2,152,807 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/29 | 2,089,800 | 1,958,943 | ||||||||||
| U.S. Treasury Note | 2.25 | 08/15/27 | 1,882,800 | 1,828,228 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/27 | 1,881,400 | 1,820,989 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/27 | 174,500 | 170,335 | ||||||||||
| U.S. Treasury Note | 2.38 | 03/31/29 | 2,039,000 | 1,945,094 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/29 | 2,302,800 | 2,193,237 | ||||||||||
| U.S. Treasury Note | 2.63 | 05/31/27 | 200,200 | 196,306 | ||||||||||
| U.S. Treasury Note | 2.63 | 02/15/29 | 2,521,700 | 2,431,569 | ||||||||||
| U.S. Treasury Note | 2.63 | 07/31/29 | 1,000,000 | 959,102 | ||||||||||
| U.S. Treasury Note | 2.75 | 07/31/27 | 1,949,300 | 1,914,045 | ||||||||||
| U.S. Treasury Note | 2.75 | 02/15/28 | 2,643,700 | 2,585,559 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/31/29 | 1,729,000 | 1,669,836 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/28 | 2,525,400 | 2,473,610 | ||||||||||
| U.S. Treasury Note | 2.88 | 08/15/28 | 2,821,500 | 2,758,237 | ||||||||||
| U.S. Treasury Note | 2.88 | 04/30/29 | 1,909,100 | 1,854,213 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/27 | 2,219,000 | 2,196,117 | ||||||||||
| U.S. Treasury Note | 3.13 | 11/15/28 | 2,701,300 | 2,656,771 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/29 | 1,500,000 | 1,467,070 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/27 | 1,731,700 | 1,719,930 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/29 | 1,621,000 | 1,594,975 | ||||||||||
| U.S. Treasury Note | 3.38 | 09/15/27 | 1,335,600 | 1,329,757 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/28 | 1,672,100 | 1,668,377 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/28 | 1,677,800 | 1,673,606 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/28 | 1,586,700 | 1,589,179 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/31/28 | 1,769,500 | 1,771,021 | ||||||||||
The accompanying notes are an integral part of these financial statements.
191
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 99.0% (Continued) | ||||||||||||||
| U.S. Treasury Note | 3.63 | 08/31/29 | $ | 2,600,000 | $ | 2,595,328 | ||||||||
| U.S. Treasury Note | 3.75 | 08/15/27 | 1,343,200 | 1,348,027 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/15/28 | 500,000 | 502,402 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/28 | 2,559,300 | 2,569,197 | ||||||||||
| U.S. Treasury Note | 3.88 | 10/15/27 | 1,028,400 | 1,035,390 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/27 | 1,978,300 | 1,992,133 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/27 | 2,215,100 | 2,232,579 | ||||||||||
| U.S. Treasury Note | 3.88 | 03/15/28 | 400,000 | 403,375 | ||||||||||
| U.S. Treasury Note | 4.00 | 12/15/27 | 1,301,000 | 1,315,128 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/29/28 | 1,643,400 | 1,661,503 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/28 | 1,977,500 | 2,002,219 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/29 | 2,704,000 | 2,737,694 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/29 | 3,180,600 | 3,221,724 | ||||||||||
| U.S. Treasury Note | 4.13 | 09/30/27 | 1,820,600 | 1,844,353 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/27 | 2,041,900 | 2,068,221 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/27 | 1,252,500 | 1,268,743 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/28 | 1,975,200 | 2,006,603 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/29 | 3,073,900 | 3,126,613 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/15/28 | 1,301,000 | 1,323,056 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/15/28 | 300,000 | 305,297 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/29 | 2,740,800 | 2,799,684 | ||||||||||
| U.S. Treasury Note | 4.25 | 06/30/29 | 3,045,000 | 3,112,918 | ||||||||||
| U.S. Treasury Note | 4.38 | 07/15/27 | 2,043,500 | 2,077,106 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/31/28 | 1,909,000 | 1,954,264 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/28 | 2,291,800 | 2,348,737 | ||||||||||
| U.S. Treasury Note | 4.50 | 05/31/29 | 3,344,800 | 3,450,370 | ||||||||||
| U.S. Treasury Note | 4.63 | 06/15/27 | 186,000 | 189,916 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/30/28 | 2,277,500 | 2,351,252 | ||||||||||
| U.S. Treasury Note | 4.63 | 04/30/29 | 3,081,800 | 3,191,950 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/28 | 2,384,600 | 2,481,568 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $148,140,317) | 150,238,296 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | 321,948 | 321,948 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $321,948) | 321,948 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $148,462,265) | $ | 150,560,244 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 1,253,518 | |||||||||||||
| NET ASSETS – 100.0% | $ | 151,813,762 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
192
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.6% | ||||||||||||||
| U.S. Treasury Bond | 5.38 | 02/15/31 | $ | 838,200 | $ | 906,107 | ||||||||
| U.S. Treasury Note | 0.63 | 05/15/30 | 3,657,200 | 3,139,335 | ||||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 7,841,100 | 6,671,061 | ||||||||||
| U.S. Treasury Note | 0.88 | 11/15/30 | 7,588,300 | 6,494,221 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 8,339,200 | 7,198,098 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 4,250,000 | 3,631,094 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/30 | 2,804,400 | 2,535,353 | ||||||||||
| U.S. Treasury Note | 1.63 | 08/15/29 | 2,604,900 | 2,399,459 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 8,361,700 | 7,367,768 | ||||||||||
| U.S. Treasury Note | 1.75 | 11/15/29 | 1,618,000 | 1,490,456 | ||||||||||
| U.S. Treasury Note | 2.63 | 07/31/29 | 136,400 | 130,821 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/29 | 185,800 | 181,721 | ||||||||||
| U.S. Treasury Note | 3.50 | 09/30/29 | 3,383,100 | 3,358,520 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/30 | 1,794,100 | 1,777,701 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/30 | 2,041,800 | 2,020,584 | ||||||||||
| U.S. Treasury Note | 3.63 | 08/31/29 | 164,200 | 163,905 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/30 | 1,683,400 | 1,676,232 | ||||||||||
| U.S. Treasury Note | 3.63 | 09/30/31 | 3,430,600 | 3,380,079 | ||||||||||
| U.S. Treasury Note | 3.75 | 05/31/30 | 1,902,500 | 1,903,763 | ||||||||||
| U.S. Treasury Note | 3.75 | 06/30/30 | 1,881,100 | 1,881,614 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/30 | 3,283,400 | 3,273,781 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/31 | 3,541,200 | 3,514,918 | ||||||||||
| U.S. Treasury Note | 3.88 | 09/30/29 | 1,754,200 | 1,767,631 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/29 | 1,894,500 | 1,908,487 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/29 | 1,954,700 | 1,969,437 | ||||||||||
| U.S. Treasury Note | 4.00 | 10/31/29 | 1,673,300 | 1,694,347 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/28/30 | 4,114,200 | 4,169,324 | ||||||||||
| U.S. Treasury Note | 4.00 | 03/31/30 | 2,292,000 | 2,321,545 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/30 | 2,177,600 | 2,203,204 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/31 | 2,786,300 | 2,812,313 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/29 | 3,129,700 | 3,186,426 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/30/29 | 3,084,300 | 3,141,649 | ||||||||||
| U.S. Treasury Note | 4.13 | 08/31/30 | 1,922,000 | 1,955,635 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/31 | 3,258,400 | 3,308,167 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/31 | 3,069,700 | 3,112,508 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/31 | 3,520,100 | 3,566,301 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/30/31 | 3,534,800 | 3,580,090 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/29/32 | 3,557,000 | 3,600,351 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/32 | 1,900,000 | 1,923,305 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/31/30 | 3,643,800 | 3,730,340 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/31 | 2,751,500 | 2,812,226 | ||||||||||
| U.S. Treasury Note | 4.25 | 06/30/31 | 3,742,100 | 3,821,035 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/31/29 | 3,624,200 | 3,728,820 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/30 | 2,453,200 | 2,524,017 | ||||||||||
| U.S. Treasury Note | 4.38 | 01/31/32 | 3,499,800 | 3,594,404 | ||||||||||
| U.S. Treasury Note | 4.50 | 12/31/31 | 3,534,800 | 3,656,585 | ||||||||||
The accompanying notes are an integral part of these financial statements.
193
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.6% (Continued) | ||||||||||||||
| U.S. Treasury Note | 4.63 | 09/30/30 | $ | 1,828,900 | $ | 1,904,342 | ||||||||
| U.S. Treasury Note | 4.63 | 04/30/31 | 3,236,400 | 3,371,292 | ||||||||||
| U.S. Treasury Note | 4.63 | 05/31/31 | 3,491,100 | 3,635,790 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/30 | 1,905,200 | 2,007,381 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $144,675,683) | 146,103,543 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 3.68 | 05/01/25 | 440,742 | 440,742 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $440,742) | 440,742 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $145,116,425) | $ | 146,544,285 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 1,700,534 | |||||||||||||
| NET ASSETS – 100.0% | $ | 148,244,819 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
194
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.5% | ||||||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/36 | $ | 1,220,000 | $ | 1,260,317 | ||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 2,683,000 | 2,282,646 | ||||||||||
| U.S. Treasury Note | 0.88 | 11/15/30 | 3,152,200 | 2,697,717 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 3,089,900 | 2,667,091 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 2,569,700 | 2,195,487 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 2,855,300 | 2,441,058 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 3,050,300 | 2,687,719 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | 2,322,400 | 2,039,902 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 2,475,000 | 2,286,281 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 2,711,500 | 2,534,405 | ||||||||||
| U.S. Treasury Note | 3.38 | 05/15/33 | 3,695,300 | 3,529,878 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 1,741,600 | 1,683,093 | ||||||||||
| U.S. Treasury Note | 3.63 | 09/30/31 | 938,200 | 924,384 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/30 | 930,000 | 927,275 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/31 | 767,600 | 761,903 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/33 | 13,862,800 | 13,691,681 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/34 | 16,258,500 | 15,934,600 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/31 | 1,093,200 | 1,103,406 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/34 | 15,454,400 | 15,343,322 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/31 | 954,200 | 968,774 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/31 | 587,900 | 596,099 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/31 | 618,000 | 626,111 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/30/31 | 604,000 | 611,739 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/29/32 | 636,000 | 643,751 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/32 | 500,000 | 506,133 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 2,290,400 | 2,313,304 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/31 | 864,600 | 883,682 | ||||||||||
| U.S. Treasury Note | 4.25 | 06/30/31 | 1,244,000 | 1,270,241 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/15/34 | 16,142,700 | 16,272,598 | ||||||||||
| U.S. Treasury Note | 4.38 | 01/31/32 | 1,437,600 | 1,476,460 | ||||||||||
| U.S. Treasury Note | 4.38 | 05/15/34 | 15,686,200 | 15,992,571 | ||||||||||
| U.S. Treasury Note | 4.50 | 12/31/31 | 755,000 | 781,012 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/33 | 4,611,100 | 4,754,837 | ||||||||||
| U.S. Treasury Note | 4.63 | 04/30/31 | 1,221,400 | 1,272,308 | ||||||||||
| U.S. Treasury Note | 4.63 | 05/31/31 | 996,900 | 1,038,217 | ||||||||||
| U.S. Treasury Note | 4.63 | 02/15/35 | 16,234,400 | 16,846,995 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $141,825,695) | 143,846,997 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 119,197 | 119,197 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $119,197) | 119,197 | |||||||||||||
| TOTAL INVESTMENTS – 98.6% (Cost - $141,944,892) | $ | 143,966,194 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.4% | 2,104,505 | |||||||||||||
| NET ASSETS – 100.0% | $ | 146,070,699 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
195
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.2% | ||||||||||||||
| U.S. Treasury Bond | 1.13 | 05/15/40 | $ | 9,987,900 | $ | 6,256,483 | ||||||||
| U.S. Treasury Bond | 1.13 | 08/15/40 | 12,982,400 | 8,048,074 | ||||||||||
| U.S. Treasury Bond | 1.38 | 11/15/40 | 13,661,700 | 8,784,046 | ||||||||||
| U.S. Treasury Bond | 1.75 | 08/15/41 | 18,287,200 | 12,246,709 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/41 | 19,622,000 | 13,614,296 | ||||||||||
| U.S. Treasury Bond | 2.00 | 11/15/41 | 13,789,800 | 9,570,983 | ||||||||||
| U.S. Treasury Bond | 2.25 | 05/15/41 | 19,234,600 | 14,092,350 | ||||||||||
| U.S. Treasury Bond | 2.38 | 02/15/42 | 15,582,300 | 11,435,947 | ||||||||||
| U.S. Treasury Bond | 2.75 | 08/15/42 | 4,509,500 | 3,483,589 | ||||||||||
| U.S. Treasury Bond | 2.75 | 11/15/42 | 5,241,000 | 4,029,019 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/43 | 9,628,800 | 7,488,649 | ||||||||||
| U.S. Treasury Bond | 3.00 | 05/15/42 | 7,930,500 | 6,390,248 | ||||||||||
| U.S. Treasury Bond | 3.13 | 11/15/41 | 3,536,400 | 2,925,542 | ||||||||||
| U.S. Treasury Bond | 3.13 | 02/15/42 | 8,174,700 | 6,731,993 | ||||||||||
| U.S. Treasury Bond | 3.13 | 02/15/43 | 7,441,400 | 6,039,161 | ||||||||||
| U.S. Treasury Bond | 3.13 | 08/15/44 | 4,026,400 | 3,207,594 | ||||||||||
| U.S. Treasury Bond | 3.25 | 05/15/42 | 18,570,800 | 15,515,323 | ||||||||||
| U.S. Treasury Bond | 3.38 | 08/15/42 | 10,754,700 | 9,118,809 | ||||||||||
| U.S. Treasury Bond | 3.38 | 05/15/44 | 6,151,400 | 5,113,832 | ||||||||||
| U.S. Treasury Bond | 3.50 | 02/15/39 | 2,070,800 | 1,879,736 | ||||||||||
| U.S. Treasury Bond | 3.63 | 08/15/43 | 9,880,900 | 8,587,892 | ||||||||||
| U.S. Treasury Bond | 3.63 | 02/15/44 | 9,147,400 | 7,914,645 | ||||||||||
| U.S. Treasury Bond | 3.75 | 08/15/41 | 3,900,700 | 3,525,867 | ||||||||||
| U.S. Treasury Bond | 3.75 | 11/15/43 | 6,340,500 | 5,597,968 | ||||||||||
| U.S. Treasury Bond | 3.88 | 08/15/40 | 4,148,600 | 3,847,502 | ||||||||||
| U.S. Treasury Bond | 3.88 | 02/15/43 | 11,452,400 | 10,368,896 | ||||||||||
| U.S. Treasury Bond | 3.88 | 05/15/43 | 10,838,600 | 9,790,304 | ||||||||||
| U.S. Treasury Bond | 4.00 | 11/15/42 | 10,471,400 | 9,660,685 | ||||||||||
| U.S. Treasury Bond | 4.13 | 08/15/44 | 8,801,200 | 8,158,987 | ||||||||||
| U.S. Treasury Bond | 4.25 | 05/15/39 | 3,151,600 | 3,090,045 | ||||||||||
| U.S. Treasury Bond | 4.25 | 11/15/40 | 3,551,700 | 3,434,605 | ||||||||||
| U.S. Treasury Bond | 4.38 | 02/15/38 | 875,500 | 880,288 | ||||||||||
| U.S. Treasury Bond | 4.38 | 11/15/39 | 3,684,000 | 3,641,692 | ||||||||||
| U.S. Treasury Bond | 4.38 | 05/15/40 | 3,462,400 | 3,413,440 | ||||||||||
| U.S. Treasury Bond | 4.38 | 05/15/41 | 2,915,200 | 2,851,202 | ||||||||||
| U.S. Treasury Bond | 4.38 | 08/15/43 | 13,907,100 | 13,413,833 | ||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/36 | 1,425,300 | 1,472,402 | ||||||||||
| U.S. Treasury Bond | 4.50 | 05/15/38 | 1,824,700 | 1,856,632 | ||||||||||
| U.S. Treasury Bond | 4.50 | 08/15/39 | 3,202,300 | 3,214,809 | ||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/44 | 6,337,100 | 6,195,010 | ||||||||||
| U.S. Treasury Bond | 4.63 | 02/15/40 | 3,788,000 | 3,844,524 | ||||||||||
| U.S. Treasury Bond | 4.63 | 05/15/44 | 2,077,400 | 2,061,657 | ||||||||||
| U.S. Treasury Bond | 4.63 | 11/15/44 | 2,316,700 | 2,295,705 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/41 | 3,439,000 | 3,516,109 | ||||||||||
| U.S. Treasury Bond | 4.75 | 11/15/43 | 12,954,900 | 13,098,618 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/45 | 1,006,400 | 1,013,791 | ||||||||||
| U.S. Treasury Bond | 5.00 | 05/15/37 | 1,472,800 | 1,576,817 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 698,400 | 596,696 | ||||||||||
The accompanying notes are an integral part of these financial statements.
196
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.2% (Continued) | ||||||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | $ | 20,610,500 | $ | 17,620,367 | ||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | 17,900,300 | 15,722,896 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 17,312,600 | 15,992,514 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 18,438,500 | 17,234,235 | ||||||||||
| U.S. Treasury Note | 3.38 | 05/15/33 | 16,664,000 | 15,918,026 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 16,259,000 | 15,712,799 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/33 | 21,125,200 | 20,864,436 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/34 | 23,284,200 | 22,820,335 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/34 | 23,642,900 | 23,472,967 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 16,699,100 | 16,866,091 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/15/34 | 15,025,200 | 15,146,106 | ||||||||||
| U.S. Treasury Note | 4.38 | 05/15/34 | 21,739,000 | 22,163,590 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/33 | 22,180,500 | 22,871,908 | ||||||||||
| U.S. Treasury Note | 4.63 | 02/15/35 | 18,606,000 | 19,308,086 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $556,313,898) | 556,607,360 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 985,071 | 985,071 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $985,071) | 985,071 | |||||||||||||
| TOTAL INVESTMENTS – 98.4% (Cost - $557,298,969) | $ | 557,592,431 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.6% | 9,137,660 | |||||||||||||
| NET ASSETS – 100.0% | $ | 566,730,091 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
197
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Bond | 1.25 | 05/15/50 | $ | 2,986,400 | $ | 1,454,237 | ||||||||
| U.S. Treasury Bond | 1.38 | 08/15/50 | 3,346,400 | 1,670,847 | ||||||||||
| U.S. Treasury Bond | 1.63 | 11/15/50 | 3,351,400 | 1,788,024 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/51 | 3,699,500 | 2,103,802 | ||||||||||
| U.S. Treasury Bond | 1.88 | 11/15/51 | 3,413,500 | 1,923,827 | ||||||||||
| U.S. Treasury Bond | 2.00 | 02/15/50 | 2,506,500 | 1,489,997 | ||||||||||
| U.S. Treasury Bond | 2.00 | 08/15/51 | 3,670,100 | 2,143,281 | ||||||||||
| U.S. Treasury Bond | 2.25 | 08/15/49 | 2,176,700 | 1,380,504 | ||||||||||
| U.S. Treasury Bond | 2.25 | 02/15/52 | 3,121,500 | 1,931,428 | ||||||||||
| U.S. Treasury Bond | 2.38 | 11/15/49 | 2,948,300 | 1,917,316 | ||||||||||
| U.S. Treasury Bond | 2.38 | 05/15/51 | 3,744,800 | 2,403,986 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/52 | 2,755,500 | 1,964,370 | ||||||||||
| U.S. Treasury Bond | 3.00 | 08/15/52 | 2,829,200 | 2,070,621 | ||||||||||
| U.S. Treasury Bond | 3.63 | 02/15/53 | 3,670,300 | 3,039,467 | ||||||||||
| U.S. Treasury Bond | 3.63 | 05/15/53 | 4,125,700 | 3,417,885 | ||||||||||
| U.S. Treasury Bond | 4.13 | 08/15/53 | 3,079,600 | 2,793,053 | ||||||||||
| U.S. Treasury Bond | 4.25 | 02/15/54 | 3,079,600 | 2,854,164 | ||||||||||
| U.S. Treasury Bond | 4.25 | 08/15/54 | 3,182,000 | 2,953,294 | ||||||||||
| U.S. Treasury Bond | 4.63 | 02/15/55 | 1,826,400 | 1,808,564 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/44 | 102,900 | 40,259 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/45 | 419,300 | 162,108 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/45 | 369,300 | 139,212 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/46 | 1,488,900 | 546,164 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/46 | 1,118,800 | 400,003 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/47 | 410,400 | 142,871 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/47 | 741,200 | 255,034 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/47 | 1,606,500 | 545,789 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/47 | 1,175,600 | 394,603 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/48 | 1,844,300 | 609,042 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/48 | 2,217,900 | 714,385 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/48 | 1,482,400 | 471,460 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/49 | 2,449,400 | 770,592 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/49 | 3,239,300 | 1,007,913 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/50 | 1,136,600 | 342,874 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/50 | 2,170,100 | 657,827 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/50 | 1,852,500 | 548,018 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/50 | 3,121,100 | 911,977 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/51 | 2,946,800 | 850,732 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/51 | 2,176,600 | 621,650 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/51 | 2,746,000 | 776,032 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/51 | 3,225,200 | 901,934 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/52 | 2,992,100 | 827,990 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/52 | 4,232,600 | 1,149,976 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/52 | 898,200 | 244,181 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/53 | 2,337,900 | 625,493 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/53 | 7,660,600 | 2,031,879 | ||||||||||
The accompanying notes are an integral part of these financial statements.
198
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% (Continued) | ||||||||||||||
| U.S. Treasury Strip | ZCP | 11/15/53 | $ | 1,845,100 | $ | 484,979 | ||||||||
| U.S. Treasury Strip | ZCP | 02/15/54 | 2,403,600 | 621,650 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/54 | 2,092,400 | 537,544 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/54 | 2,115,400 | 538,169 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $62,782,433) | 59,981,007 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | 150,680 | 150,680 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $150,680) | 150,680 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $62,933,113) | $ | 60,131,687 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 573,454 | |||||||||||||
| NET ASSETS – 100.0% | $ | 60,705,141 | ||||||||||||
| ZCP | Indicates a zero coupon rate. |
The accompanying notes are an integral part of these financial statements.
199
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 8.4% | ||||||||||||||
| AUTOMOBILE – 0.4% | ||||||||||||||
| Avis Budget Rental Car Funding AESOP LLC 2024-2A Class A(1) | 5.13 | 10/20/28 | $ | 250,000 | $ | 253,419 | ||||||||
| NextGear Floorplan Master Owner Trust 2023-1A Class A2(1) | 5.74 | 03/15/28 | 100,000 | 101,094 | ||||||||||
| Wheels Fleet Lease Funding 1 LLC 2023-1A Class A(1) | 5.80 | 04/18/38 | 315,461 | 317,789 | ||||||||||
| 672,302 | ||||||||||||||
| OTHER ABS – 8.0% | ||||||||||||||
| Aimco CLO 14 Ltd. 2021-14A Class A (CME Term SOFR 3 Month + 1.25%)(1) | 5.52 | 04/20/34 | 300,000 | 299,501 | ||||||||||
| AIMCO CLO 22 Ltd. 2024-22A Class A (CME Term SOFR 3 Month + 1.50%)(1) | 5.77 | 04/19/37 | 400,000 | 399,992 | ||||||||||
| Apidos CLO XL Ltd. 2022-40A Class AR (CME Term SOFR 3 Month + 1.35%)(1) | 5.61 | 07/15/37 | 440,000 | 438,898 | ||||||||||
| Apidos CLO XLVII Ltd. 2024-47A Class A1 (CME Term SOFR 3 Month + 1.50%)(1) | 5.78 | 04/26/37 | 500,000 | 499,997 | ||||||||||
| Bain Capital Credit CLO 2022-6 Ltd. 2022-6A Class A1R (CME Term SOFR 3 Month + 1.37%)(1) | 5.64 | 01/22/38 | 631,000 | 629,646 | ||||||||||
| CCG Receivables Trust 2023-2 Class A2(1) | 6.28 | 04/14/32 | 63,815 | 64,740 | ||||||||||
| CIFC Funding 2018-III Ltd. 2018-3A Class A (CME Term SOFR 3 Month + 1.36%)(1) | 5.63 | 07/18/31 | 155,877 | 155,877 | ||||||||||
| CIFC Funding 2021-IV Ltd. 2021-4A Class AR (CME Term SOFR 3 Month + 1.36%)(1) | 5.64 | 07/23/37 | 609,000 | 608,073 | ||||||||||
| DB Master Finance LLC 2017-1A Class A2II(1) | 4.03 | 11/20/47 | 139,500 | 137,186 | ||||||||||
| DB Master Finance LLC 2021-1A Class A2I(1) | 2.05 | 11/20/51 | 290,250 | 278,119 | ||||||||||
| DB Master Finance LLC 2021-1A Class A2II(1) | 2.49 | 11/20/51 | 483,750 | 447,414 | ||||||||||
| Domino’s Pizza Master Issuer LLC 2018-1A Class A2I(1) | 4.12 | 07/25/48 | 260,563 | 259,240 | ||||||||||
| Domino’s Pizza Master Issuer LLC 2021-1A Class A2I(1) | 2.66 | 04/25/51 | 413,313 | 385,479 | ||||||||||
| Elmwood CLO 30 Ltd. 2024-6A Class A (CME Term SOFR 3 Month + 1.43%)(1) | 5.71 | 07/17/37 | 450,000 | 449,988 | ||||||||||
| Elmwood CLO 31 Ltd. 2024-7A Class A1 (CME Term SOFR 3 Month + 1.35%)(1) | 5.63 | 07/17/37 | 325,000 | 324,185 | ||||||||||
| Elmwood CLO I Ltd. 2019-1A Class A1RR (CME Term SOFR 3 Month + 1.52%)(1) | 5.79 | 04/20/37 | 1,130,000 | 1,130,514 | ||||||||||
| Golub Capital Partners CLO 53B Ltd. 2021-53A Class AR (CME Term SOFR 3 Month + 0.98%)(1) | 5.29 | 07/20/34 | 1,000,000 | 991,273 | ||||||||||
| Jersey Mike’s Funding LLC 2019-1A Class A2(1) | 4.43 | 02/15/50 | 177,210 | 175,718 | ||||||||||
| LCM XVIII LP 18A Class A1R (CME Term SOFR 3 Month + 1.28%)(1) | 5.55 | 04/20/31 | 61,280 | 61,279 | ||||||||||
| Palmer Square CLO 2022-4 Ltd. 2022-4A Class A1R (CME Term SOFR 3 Month + 1.35%)(1) | 5.62 | 10/20/37 | 500,000 | 499,732 | ||||||||||
| Palmer Square Loan Funding 2024-1 Ltd. 2024-1A Class A1 (CME Term SOFR 3 Month + 1.05%)(1) | 5.31 | 10/15/32 | 299,108 | 298,443 | ||||||||||
| PFS Financing Corp. 2022-D Class A(1) | 4.27 | 08/15/27 | 100,000 | 99,873 | ||||||||||
| Planet Fitness Master Issuer LLC 2022-1A Class A2I(1) | 3.25 | 12/05/51 | 253,170 | 246,207 | ||||||||||
| SERVPRO Master Issuer LLC 2019-1A Class A2(1) | 3.88 | 10/25/49 | 354,375 | 348,354 | ||||||||||
| Subway Funding LLC 2024-1A Class A2I(1) | 6.03 | 07/30/54 | 1,119,375 | 1,134,509 | ||||||||||
| Taco Bell Funding LLC 2016-1A Class A23(1) | 4.97 | 05/25/46 | 703,125 | 703,367 | ||||||||||
| TCI-Flatiron CLO 2016-1 Ltd. 2016-1A Class AR3 (CME Term SOFR 3 Month + 1.10%)(1) | 5.38 | 01/17/32 | 41,198 | 41,170 | ||||||||||
| Tricon Residential Trust 2023-SFR1 Class A(1) | 5.10 | 07/17/40 | 99,824 | 100,722 | ||||||||||
| Tricon Residential Trust 2023-SFR2 Class A(1) | 5.00 | 12/17/40 | 394,531 | 398,090 | ||||||||||
The accompanying notes are an integral part of these financial statements.
200
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OTHER ABS – 8.0% (Continued) | ||||||||||||||
| Uniti Fiber Abs Issuer LLC 2025-1A Class A2(1) | 5.88 | 04/20/55 | $ | 504,000 | $ | 515,685 | ||||||||
| Wendy’s Funding LLC 2019-1A Class A2I(1) | 3.78 | 06/15/49 | 443,701 | 437,416 | ||||||||||
| Wendy’s Funding LLC 2021-1A Class A2I(1) | 2.37 | 06/15/51 | 269,347 | 245,504 | ||||||||||
| Wind River 2021-3 CLO Ltd. 2021-3A Class A1R (CME Term SOFR 3 Month + 1.24%)(1) | 5.51 | 04/20/38 | 542,000 | 538,387 | ||||||||||
| 13,344,578 | ||||||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $13,941,648) | 14,016,880 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 8.4% | ||||||||||||||
| COMMERCIAL – 7.9% | ||||||||||||||
| BLP Commercial Mortgage Trust 2024-IND2 Class A (CME Term SOFR 1 Month + 1.34%)(1) | 5.66 | 03/15/41 | 396,610 | 396,109 | ||||||||||
| BX Commercial Mortgage Trust 2021-VOLT Class A (CME Term SOFR 1 Month + 0.81%)(1) | 5.14 | 09/15/36 | 625,000 | 619,450 | ||||||||||
| BX Commercial Mortgage Trust 2023-XL3 Class A (CME Term SOFR 1 Month + 1.76%)(1) | 6.08 | 12/09/40 | 716,009 | 717,481 | ||||||||||
| BX Commercial Mortgage Trust 2024-XL4 Class A (CME Term SOFR 1 Month + 1.44%)(1) | 5.76 | 02/15/39 | 758,167 | 758,184 | ||||||||||
| BX Commercial Mortgage Trust 2024-XL5 Class A (CME Term SOFR 1 Month + 1.39%)(1) | 5.71 | 03/15/41 | 683,116 | 683,117 | ||||||||||
| BX Trust 2022-CLS Class A(1) | 5.76 | 10/13/27 | 221,000 | 224,195 | ||||||||||
| BX Trust 2024-BIO Class A (CME Term SOFR 1 Month + 1.64%)(1) | 5.96 | 02/15/41 | 811,000 | 806,199 | ||||||||||
| BX Trust 2024-CNYN Class A (CME Term SOFR 1 Month + 1.44%)(1) | 5.76 | 04/15/41 | 726,943 | 727,438 | ||||||||||
| BX Trust 2024-VLT4 Class A (CME Term SOFR 1 Month + 1.49%)(1) | 5.81 | 07/15/29 | 710,000 | 705,778 | ||||||||||
| BX Trust 2025-VLT6 Class A (CME Term SOFR 1 Month + 1.44%)(1) | 5.77 | 03/15/42 | 934,000 | 926,326 | ||||||||||
| Citigroup Commercial Mortgage Trust 2016-C1 Class A4 | 3.21 | 05/10/49 | 387,000 | 380,226 | ||||||||||
| Citigroup Commercial Mortgage Trust 2016-GC37 Class A3 | 3.05 | 04/10/49 | 233,323 | 231,125 | ||||||||||
| COMM Mortgage Trust 2015-CR27 Class A4 | 3.61 | 10/10/48 | 350,000 | 348,121 | ||||||||||
| Fashion Show Mall LLC 2024-SHOW Class A(1) | 5.27 | 10/10/41 | 600,000 | 606,466 | ||||||||||
| GS Mortgage Securities Corp. Trust 2023-SHIP Class A(1) | 4.47 | 09/10/38 | 165,000 | 164,231 | ||||||||||
| GS Mortgage Securities Trust 2015-GC32 Class A4 | 3.76 | 07/10/48 | 400,679 | 399,670 | ||||||||||
| GS Mortgage Securities Trust 2016-GS2 Class A4 | 3.05 | 05/10/49 | 85,000 | 83,538 | ||||||||||
| JP Morgan BB Commercial Mortgage Securities Trust 2015-C33 2015-C33 Class A4 | 3.77 | 12/15/48 | 868,000 | 862,592 | ||||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust 2024-OMNI Class A(1) | 5.99 | 10/05/39 | 735,000 | 746,911 | ||||||||||
| KIND Commercial Mortgage Trust 2024-1 Class A (CME Term SOFR 1 Month + 1.89%)(1) | 6.21 | 08/15/41 | 852,000 | 853,794 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22 Class A4 | 3.31 | 04/15/48 | 67,611 | 67,433 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24 Class A3 | 3.48 | 05/15/48 | 35,059 | 34,972 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24 Class A4 | 3.73 | 05/15/48 | 523,000 | 521,154 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 Class A4 | 3.37 | 10/15/48 | 40,289 | 40,104 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 Class A4 | 3.72 | 12/15/49 | 393,000 | 385,360 | ||||||||||
| UBS Commercial Mortgage Trust 2019-C16 Class ASB | 3.46 | 04/15/52 | 277,432 | 272,118 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2015-C29 Class A4 | 3.64 | 06/15/48 | 329,089 | 328,407 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2015-C31 Class A4 | 3.70 | 11/15/48 | 90,000 | 89,435 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2015-LC22 Class A4 | 3.84 | 09/15/58 | 300,000 | 298,549 | ||||||||||
| 13,278,483 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
201
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| WHOLE LOAN COLLATERAL – 0.5% | ||||||||||||||
| JP Morgan Mortgage Trust 2024-9 Class A6A(1) | 5.00 | 02/25/55 | $ | 314,445 | $ | 312,227 | ||||||||
| Sequoia Mortgage Trust 2024-7 Class A11(1) | 6.00 | 08/25/54 | 139,557 | 140,204 | ||||||||||
| Sequoia Mortgage Trust 2025-1 Class A5(1) | 5.50 | 01/25/55 | 435,341 | 436,468 | ||||||||||
| 888,899 | ||||||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $14,101,663) | 14,167,382 | |||||||||||||
| CORPORATE BONDS – 14.4% | ||||||||||||||
| AIRLINES – 0.2% | ||||||||||||||
| Delta Air Lines 2020-1 Class AA Pass Through Trust | 2.00 | 06/10/28 | 271,174 | 254,040 | ||||||||||
| APPAREL – 0.1% | ||||||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 91,000 | 88,702 | ||||||||||
| AUTO MANUFACTURERS – 0.7% | ||||||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | 600,000 | 576,811 | ||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 533,000 | 534,439 | ||||||||||
| 1,111,250 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.2% | ||||||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 262,000 | 260,057 | ||||||||||
| BANKS – 4.0% | ||||||||||||||
| Bank of America Corp.(2) | 4.38 | – | 350,000 | 336,237 | ||||||||||
| Bank of New York Mellon Corp.(2) | 4.70 | – | 604,000 | 601,266 | ||||||||||
| Barclays PLC | 5.83 | 05/09/27 | 200,000 | 202,111 | ||||||||||
| Citigroup, Inc.(2) | 4.00 | – | 350,000 | 343,141 | ||||||||||
| Citizens Financial Group, Inc.(2) | 5.65 | – | 515,000 | 512,413 | ||||||||||
| Depository Trust & Clearing Corp.(1),(2) | 3.38 | – | 750,000 | 723,113 | ||||||||||
| HSBC Holdings PLC | 5.89 | 08/14/27 | 200,000 | 203,189 | ||||||||||
| JP Morgan Chase & Co. | 1.58 | 04/22/27 | 183,000 | 177,935 | ||||||||||
| Morgan Stanley | 0.99 | 12/10/26 | 164,000 | 160,335 | ||||||||||
| Northern Trust Corp.(2) | 4.60 | – | 669,000 | 656,683 | ||||||||||
| PNC Financial Services Group, Inc.(2) | 6.00 | – | 660,000 | 654,428 | ||||||||||
| Truist Financial Corp. | 4.26 | 07/28/26 | 77,000 | 76,845 | ||||||||||
| Truist Financial Corp.(2) | 4.95 | – | 599,000 | 596,076 | ||||||||||
| US Bancorp(2) | 3.70 | – | 845,000 | 791,507 | ||||||||||
| Wells Fargo & Co.(2) | 3.90 | – | 614,000 | 603,433 | ||||||||||
| 6,638,712 | ||||||||||||||
| BUILDING MATERIALS – 0.2% | ||||||||||||||
| Standard Industries, Inc./NY(1) | 5.00 | 02/15/27 | 300,000 | 298,009 | ||||||||||
| CHEMICALS – 0.1% | ||||||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 175,000 | 171,935 | ||||||||||
| COMMERCIAL SERVICES – 0.6% | ||||||||||||||
| Ashtead Capital, Inc.(1) | 4.00 | 05/01/28 | 200,000 | 195,857 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 214,000 | 210,848 | ||||||||||
| Element Fleet Management Corp.(1) | 5.64 | 03/13/27 | 314,000 | 319,487 | ||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 344,000 | 334,161 | ||||||||||
| 1,060,353 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
202
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMPUTERS – 0.6% | ||||||||||||||
| Booz Allen Hamilton, Inc.(1) | 3.88 | 09/01/28 | $ | 720,000 | $ | 694,793 | ||||||||
| Genpact Luxembourg Sarl/Genpact USA, Inc. | 1.75 | 04/10/26 | 233,000 | 225,557 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 62,000 | 61,650 | ||||||||||
| 982,000 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.0% | ||||||||||||||
| Coty, Inc.(1) | 5.00 | 04/15/26 | 34,000 | 33,803 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 1.5% | ||||||||||||||
| American Express Co.(2) | 3.55 | – | 690,000 | 661,940 | ||||||||||
| Aviation Capital Group LLC(1) | 1.95 | 01/30/26 | 291,000 | 284,451 | ||||||||||
| Charles Schwab Corp.(2) | 5.38 | – | 605,000 | 604,508 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 268,000 | 271,216 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 171,000 | 169,434 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 95,000 | 95,945 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 316,000 | 302,790 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 91,000 | 90,640 | ||||||||||
| 2,480,924 | ||||||||||||||
| ELECTRIC – 0.1% | ||||||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 3.88 | 10/15/26 | 262,000 | 253,019 | ||||||||||
| ENTERTAINMENT – 0.3% | ||||||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 567,000 | 551,945 | ||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 240,000 | 239,208 | ||||||||||
| INSURANCE – 1.2% | ||||||||||||||
| Athene Global Funding(1) | 1.73 | 10/02/26 | 359,000 | 345,233 | ||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 578,000 | 560,254 | ||||||||||
| MetLife, Inc.(2) | 3.85 | – | 614,000 | 607,858 | ||||||||||
| SBL Holdings, Inc.(1) | 5.13 | 11/13/26 | 515,000 | 511,000 | ||||||||||
| 2,024,345 | ||||||||||||||
| INVESTMENT COMPANIES – 1.3% | ||||||||||||||
| Antares Holdings LP(1) | 3.95 | 07/15/26 | 500,000 | 489,690 | ||||||||||
| Barings BDC, Inc. | 3.30 | 11/23/26 | 99,000 | 95,384 | ||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 508,000 | 495,739 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 477,000 | 491,388 | ||||||||||
| Oaktree Specialty Lending Corp. | 2.70 | 01/15/27 | 197,000 | 186,252 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 485,000 | 493,370 | ||||||||||
| 2,251,823 | ||||||||||||||
| LEISURE TIME – 0.2% | ||||||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 291,000 | 291,337 | ||||||||||
| MEDIA – 0.2% | ||||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 207,000 | 204,342 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 91,000 | 90,956 | ||||||||||
| 295,298 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
203
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MINING – 0.1% | ||||||||||||||
| Novelis Corp.(1) | 3.25 | 11/15/26 | $ | 191,000 | $ | 185,436 | ||||||||
| OIL & GAS – 0.1% | ||||||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | 245,000 | 238,158 | ||||||||||
| PACKAGING & CONTAINERS – 0.2% | ||||||||||||||
| Berry Global, Inc.(1) | 4.50 | 02/15/26 | 320,000 | 319,536 | ||||||||||
| PHARMACEUTICALS – 0.6% | ||||||||||||||
| CVS Pass-Through Trust(1) | 5.77 | 01/10/33 | 218,187 | 213,717 | ||||||||||
| CVS Pass-Through Trust(1) | 5.93 | 01/10/34 | 332,772 | 336,608 | ||||||||||
| CVS Pass-Through Trust | 6.04 | 12/10/28 | 255,606 | 258,863 | ||||||||||
| CVS Pass-Through Trust | 6.94 | 01/10/30 | 233,003 | 239,772 | ||||||||||
| 1,048,960 | ||||||||||||||
| PIPELINES – 0.3% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 03/01/27 | 333,000 | 332,099 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 142,000 | 138,576 | ||||||||||
| 470,675 | ||||||||||||||
| PRIVATE EQUITY – 0.3% | ||||||||||||||
| Hercules Capital, Inc. | 2.63 | 09/16/26 | 533,000 | 508,131 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 0.8% | ||||||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 420,000 | 407,338 | ||||||||||
| EPR Properties | 4.75 | 12/15/26 | 445,000 | 441,305 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 298,000 | 291,776 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 212,000 | 208,139 | ||||||||||
| 1,348,558 | ||||||||||||||
| RETAIL – 0.4% | ||||||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 291,000 | 290,793 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 161,000 | 164,215 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 287,000 | 278,935 | ||||||||||
| 733,943 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $23,939,168) | 24,140,157 | |||||||||||||
| MUNICIPAL BONDS – 67.2% | ||||||||||||||
| ALABAMA – 4.2% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 10/01/52 | 1,125,000 | 1,123,134 | ||||||||||
| Black Belt Energy Gas District, Series A-1, Revenue Bonds | 4.00 | 10/01/49 | 750,000 | 751,651 | ||||||||||
| Black Belt Energy Gas District, Series B, Revenue Bonds | 4.00 | 04/01/53 | 1,000,000 | 996,613 | ||||||||||
| Houston County Health Care Authority, Revenue Bonds | 5.00 | 10/01/25 | 1,000,000 | 1,003,930 | ||||||||||
| Industrial Development Board of the City of Mobile Alabama, Revenue Bonds | 3.30 | 07/15/34 | 1,000,000 | 999,046 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A, Revenue Bonds | 5.25 | 01/01/54 | 655,000 | 677,075 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A-1, Revenue Bonds | 5.50 | 01/01/53 | 850,000 | 901,374 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series B, Revenue Bonds | 4.00 | 06/01/29 | 700,000 | 698,976 | ||||||||||
| 7,151,799 | ||||||||||||||
| ARKANSAS – 0.2% | ||||||||||||||
| Springdale Public Facilities Board, Revenue Bonds | 5.00 | 03/01/32 | 350,000 | 355,691 | ||||||||||
The accompanying notes are an integral part of these financial statements.
204
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COLORADO – 0.4% | ||||||||||||||
| Park Creek Metropolitan District, Revenue Bonds | 5.00 | 12/01/31 | $ | 710,000 | $ | 715,015 | ||||||||
| CONNECTICUT – 1.0% | ||||||||||||||
| City of New Haven, Series A, General Obligation | 5.00 | 08/01/25 | 375,000 | 376,150 | ||||||||||
| State of Connecticut Special Tax Revenue, Series A, Revenue Bonds | 5.00 | 09/01/30 | 1,315,000 | 1,340,220 | ||||||||||
| 1,716,370 | ||||||||||||||
| DISTRICT OF COLUMBIA – 0.6% | ||||||||||||||
| District of Columbia Housing Finance Agency, Revenue Bonds | 5.00 | 03/01/28 | 975,000 | 1,014,125 | ||||||||||
| FLORIDA – 3.5% | ||||||||||||||
| County of Okeechobee, Revenue Bonds | 3.80 | 07/01/39 | 550,000 | 545,056 | ||||||||||
| Hillsborough County School Board, Certificate Participation | 5.00 | 07/01/26 | 600,000 | 601,575 | ||||||||||
| Hillsborough County School Board, Certificate Participation | 5.00 | 07/01/27 | 365,000 | 378,457 | ||||||||||
| Lee County School Board, Series A, Certificate Participation | 5.00 | 08/01/32 | 1,575,000 | 1,606,496 | ||||||||||
| Pinellas County School Board, Series A, Certificate Participation | 5.00 | 07/01/25 | 450,000 | 451,073 | ||||||||||
| School District of Broward County, Series B, Certificate Participation | 5.00 | 07/01/30 | 325,000 | 325,695 | ||||||||||
| State of Florida Department of Transportation Turnpike System Revenue, Series C, Revenue Bonds | 5.00 | 07/01/28 | 1,860,000 | 1,893,340 | ||||||||||
| 5,801,692 | ||||||||||||||
| GEORGIA – 2.9% | ||||||||||||||
| Clarke County Hospital Authority, Revenue Bonds | 5.00 | 07/01/30 | 1,245,000 | 1,260,423 | ||||||||||
| Decatur Housing Authority, Revenue Bonds | 3.25 | 09/01/28 | 1,000,000 | 995,824 | ||||||||||
| Development Authority of Burke County, Revenue Bonds | 3.70 | 10/01/32 | 685,000 | 689,877 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 07/01/52 | 290,000 | 289,876 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 5.00 | 06/01/53 | 500,000 | 517,485 | ||||||||||
| Main Street Natural Gas, Inc., Series C, Revenue Bonds | 4.00 | 03/01/50 | 1,000,000 | 1,000,343 | ||||||||||
| 4,753,828 | ||||||||||||||
| ILLINOIS – 10.1% | ||||||||||||||
| City of Chicago Wastewater Transmission Revenue, Series A, Revenue Bonds | ZCP | 01/01/26 | 1,000,000 | 975,257 | ||||||||||
| City of Chicago Waterworks Revenue, Revenue Bonds | 5.00 | 11/01/28 | 725,000 | 754,810 | ||||||||||
| City of Chicago Waterworks Revenue, Series A-1, Revenue Bonds | 5.00 | 11/01/30 | 325,000 | 330,236 | ||||||||||
| City of Chicago, Series A, General Obligation | 5.00 | 01/01/28 | 450,000 | 462,615 | ||||||||||
| City of Mount Vernon, General Obligation | 4.00 | 12/15/27 | 905,000 | 916,367 | ||||||||||
| Cook County School District No. 171 Sunnybrook, General Obligation | 5.00 | 12/01/27 | 465,000 | 483,913 | ||||||||||
| Cook County School District No. 25 Arlington Heights, General Obligation | 5.00 | 12/15/26 | 330,000 | 340,285 | ||||||||||
| County of Cook Sales Tax Revenue, Series B, Revenue Bonds | 5.00 | 11/15/25 | 925,000 | 932,317 | ||||||||||
| DuPage County Community Unit School District No. 200 Wheaton-Warrenville, General Obligation | 5.00 | 10/01/25 | 815,000 | 820,668 | ||||||||||
| Illinois Development Finance Authority, Revenue Bonds | ZCP | 07/15/25 | 675,000 | 669,955 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 4.00 | 12/01/31 | 610,000 | 611,110 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 5.00 | 04/01/26 | 300,000 | 303,728 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 5.00 | 04/01/27 | 305,000 | 312,389 | ||||||||||
| Illinois Finance Authority, Series A, Revenue Bonds | 5.00 | 05/15/32 | 460,000 | 474,531 | ||||||||||
| Illinois Housing Development Authority, Revenue Bonds | 5.00 | 10/01/27 | 700,000 | 713,952 | ||||||||||
| Lee County Community Unit School District No. 272, General Obligation | 4.00 | 01/01/33 | 765,000 | 759,820 | ||||||||||
| Macon County School District No. 61 Decatur, Series C, General Obligation | 4.00 | 01/01/29 | 710,000 | 714,058 | ||||||||||
| Madison County Community Unit School District No. 7 Edwardsville, Series C, Revenue Bonds | 5.00 | 12/01/26 | 290,000 | 297,291 | ||||||||||
The accompanying notes are an integral part of these financial statements.
205
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ILLINOIS – 10.1% (Continued) | ||||||||||||||
| Madison-Macoupin Etc. Counties Community College District No. 536, General Obligation | 4.00 | 05/01/29 | $ | 1,000,000 | $ | 1,006,592 | ||||||||
| Metropolitan Water Reclamation District of Greater Chicago, Series A, General Obligation | 5.00 | 12/01/29 | 180,000 | 183,806 | ||||||||||
| Northern Illinois Municipal Power Agency, Series A, Revenue Bonds | 5.00 | 12/01/30 | 430,000 | 437,973 | ||||||||||
| Peoria & Fulton Counties Community Unit School District No. 327, Series A, General Obligation | 5.00 | 12/01/27 | 435,000 | 449,206 | ||||||||||
| Peoria Public Building Commission, Series A, Revenue Bonds | 4.00 | 12/01/26 | 350,000 | 352,640 | ||||||||||
| Sales Tax Securitization Corp., Series C, Revenue Bonds | 5.50 | 01/01/33 | 1,000,000 | 1,059,033 | ||||||||||
| Sangamon Logan & Menard Counties Community Unit School Distributors No. 15 Williamsville, Series B, General Obligation | 5.00 | 12/01/32 | 650,000 | 678,241 | ||||||||||
| State of Illinois, Series D, General Obligation | 5.00 | 11/01/26 | 1,200,000 | 1,226,601 | ||||||||||
| Village of Mundelein, General Obligation | 4.00 | 12/15/33 | 460,000 | 458,044 | ||||||||||
| 16,725,438 | ||||||||||||||
| INDIANA – 2.7% | ||||||||||||||
| Carmel Local Public Improvement Bond Bank, Revenue Bonds | 5.00 | 06/01/28 | 345,000 | 352,590 | ||||||||||
| County of St Joseph, Series A, Revenue Bonds | 5.00 | 04/01/26 | 1,180,000 | 1,195,731 | ||||||||||
| Hamilton Southeastern Schools, Series A, General Obligation | 5.00 | 06/30/25 | 1,000,000 | 1,002,260 | ||||||||||
| Indiana Finance Authority, Series A, Revenue Bonds | 5.00 | 07/01/28 | 520,000 | 534,552 | ||||||||||
| Indiana Finance Authority, Series B, Revenue Bonds | 5.00 | 10/01/60 | 750,000 | 811,062 | ||||||||||
| South Bend Redevelopment Authority, Revenue Bonds | 5.00 | 08/01/28 | 610,000 | 635,551 | ||||||||||
| 4,531,746 | ||||||||||||||
| IOWA – 1.0% | ||||||||||||||
| Ankeny Community School District Infrastructure Sales Services & Use Tax, Series A, Revenue Bonds | 5.00 | 06/01/29 | 840,000 | 879,228 | ||||||||||
| Iowa Finance Authority, Revenue Bonds | 5.00 | 08/15/26 | 350,000 | 353,809 | ||||||||||
| PEFA, Inc., Revenue Bonds | 5.00 | 09/01/49 | 550,000 | 557,493 | ||||||||||
| 1,790,530 | ||||||||||||||
| KENTUCKY – 1.2% | ||||||||||||||
| Kentucky Asset Liability Commission, Revenue Bonds | 5.00 | 09/01/27 | 875,000 | 879,653 | ||||||||||
| Kentucky Public Energy Authority, Series C, Revenue Bonds | 4.00 | 02/01/50 | 310,000 | 309,505 | ||||||||||
| Kentucky Turnpike Authority, Series A, Revenue Bonds | 5.00 | 07/01/25 | 550,000 | 551,450 | ||||||||||
| Louisville/Jefferson County Metropolitan Government, Revenue Bonds | 5.00 | 10/01/29 | 350,000 | 356,052 | ||||||||||
| 2,096,660 | ||||||||||||||
| LOUISIANA – 0.7% | ||||||||||||||
| Louisiana Housing Corp., Revenue Bonds | 3.75 | 02/01/28 | 540,000 | 543,199 | ||||||||||
| Parish of St John the Baptist, Revenue Bonds | 3.30 | 06/01/37 | 730,000 | 718,182 | ||||||||||
| 1,261,381 | ||||||||||||||
| MARYLAND – 0.3% | ||||||||||||||
| Maryland Health & Higher Educational Facilities Authority, Revenue Bonds | 5.25 | 06/01/28 | 500,000 | 518,165 | ||||||||||
| MASSACHUSETTS – 0.6% | ||||||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 07/01/25 | 1,000,000 | 1,002,029 | ||||||||||
The accompanying notes are an integral part of these financial statements.
206
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MICHIGAN – 2.8% | ||||||||||||||
| Great Lakes Water Authority Water Supply System Revenue, Series C, Revenue Bonds | 5.00 | 07/01/32 | $ | 910,000 | $ | 923,912 | ||||||||
| Kalamazoo Hospital Finance Authority, Revenue Bonds | 4.00 | 05/15/31 | 360,000 | 357,212 | ||||||||||
| Michigan Finance Authority, Revenue Bonds | 5.00 | 11/15/25 | 1,205,000 | 1,216,917 | ||||||||||
| Michigan Finance Authority, Revenue Bonds | 5.00 | 11/15/26 | 260,000 | 268,140 | ||||||||||
| Michigan Finance Authority, Revenue Bonds | 5.00 | 07/01/32 | 485,000 | 486,061 | ||||||||||
| Michigan State Building Authority, Revenue Bonds | 5.00 | 04/15/29 | 380,000 | 382,179 | ||||||||||
| Michigan State Housing Development Authority, Series D, Revenue Bonds | 3.05 | 06/01/26 | 965,000 | 955,494 | ||||||||||
| 4,589,915 | ||||||||||||||
| MINNESOTA – 0.8% | ||||||||||||||
| City of Minneapolis, Series A, Revenue Bonds | 5.00 | 11/15/52 | 670,000 | 700,444 | ||||||||||
| Minnesota Municipal Gas Agency, Series A, Revenue Bonds | 4.00 | 12/01/52 | 700,000 | 699,684 | ||||||||||
| 1,400,128 | ||||||||||||||
| MISSISSIPPI – 0.3% | ||||||||||||||
| Mississippi Development Bank, Revenue Bonds | 5.00 | 04/01/26 | 505,000 | 512,647 | ||||||||||
| MISSOURI – 1.5% | ||||||||||||||
| Health & Educational Facilities Authority of the State of Missouri, Revenue Bonds | 5.00 | 10/01/25 | 875,000 | 880,795 | ||||||||||
| Kansas City School District, Certificate Participation | 5.00 | 04/01/30 | 835,000 | 844,603 | ||||||||||
| St Charles County Public Water Supply District No 2, Certificate Participation | 5.00 | 12/01/32 | 805,000 | 809,898 | ||||||||||
| 2,535,296 | ||||||||||||||
| NEBRASKA – 0.6% | ||||||||||||||
| Central Plains Energy Project, Series A, Revenue Bonds | 5.00 | 09/01/29 | 1,000,000 | 1,041,442 | ||||||||||
| NEVADA – 0.6% | ||||||||||||||
| County of Clark, Series A, General Obligation | 5.00 | 07/01/27 | 155,000 | 155,384 | ||||||||||
| Las Vegas Valley Water District, Series A, General Obligation | 5.00 | 06/01/32 | 235,000 | 238,302 | ||||||||||
| Nevada Housing Division, Revenue Bonds | 5.00 | 07/01/28 | 605,000 | 624,996 | ||||||||||
| 1,018,682 | ||||||||||||||
| NEW JERSEY – 3.4% | ||||||||||||||
| City of Newark, Series A, General Obligation | 5.00 | 07/15/25 | 390,000 | 390,837 | ||||||||||
| New Jersey Health Care Facilities Financing Authority, Revenue Bonds | 5.00 | 07/01/42 | 950,000 | 951,911 | ||||||||||
| New Jersey Housing & Mortgage Finance Agency, Series B, Revenue Bonds | 3.50 | 05/01/29 | 635,000 | 629,735 | ||||||||||
| New Jersey Housing & Mortgage Finance Agency, Series K, Revenue Bonds | 3.60 | 10/01/27 | 710,000 | 713,444 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Revenue Bonds | 5.00 | 06/15/27 | 970,000 | 988,705 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Revenue Bonds | 5.00 | 06/15/30 | 550,000 | 557,898 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Series AA, Revenue Bonds | 5.00 | 06/15/26 | 300,000 | 305,995 | ||||||||||
| New Jersey Turnpike Authority, Series A, Revenue Bonds | 5.00 | 01/01/31 | 1,160,000 | 1,188,513 | ||||||||||
| 5,727,038 | ||||||||||||||
| NEW YORK – 3.7% | ||||||||||||||
| Metropolitan Transportation Authority, Series C, Revenue Bonds | 5.00 | 11/15/30 | 330,000 | 337,200 | ||||||||||
| New York City Housing Development Corp., Revenue Bonds | 3.63 | 11/01/63 | 1,000,000 | 1,001,733 | ||||||||||
| New York City Housing Development Corp., Revenue Bonds | 4.30 | 11/01/63 | 800,000 | 809,143 | ||||||||||
| New York City Housing Development Corp., Series B, Revenue Bonds | 3.70 | 05/01/64 | 500,000 | 501,886 | ||||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds | 4.00 | 05/01/31 | 1,100,000 | 1,103,407 | ||||||||||
The accompanying notes are an integral part of these financial statements.
207
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| NEW YORK – 3.7% (Continued) | ||||||||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Series F-3, Revenue Bonds | 5.00 | 02/01/29 | $ | 1,055,000 | $ | 1,066,175 | ||||||||
| New York State Dormitory Authority, Revenue Bonds | 5.00 | 07/01/32 | 745,000 | 755,195 | ||||||||||
| New York State Dormitory Authority, Series A, Revenue Bonds | 5.00 | 03/15/32 | 355,000 | 361,420 | ||||||||||
| Troy Capital Resource Corp., Revenue Bonds | 5.00 | 09/01/25 | 360,000 | 361,302 | ||||||||||
| 6,297,461 | ||||||||||||||
| NORTH CAROLINA – 0.8% | ||||||||||||||
| North Carolina Housing Finance Agency, Revenue Bonds | 3.20 | 07/01/56 | 1,275,000 | 1,270,276 | ||||||||||
| OKLAHOMA – 2.3% | ||||||||||||||
| Coweta Public Works Authority, Series A, Revenue Bonds | 4.00 | 08/01/27 | 505,000 | 507,228 | ||||||||||
| Dewey County Educational Facilities Authority, Revenue Bonds | 5.00 | 09/01/30 | 680,000 | 691,848 | ||||||||||
| Oklahoma Capitol Improvement Authority, Revenue Bonds | 5.00 | 07/01/30 | 750,000 | 761,205 | ||||||||||
| University of Oklahoma, Series A, Revenue Bonds | 5.00 | 07/01/29 | 1,850,000 | 1,882,382 | ||||||||||
| 3,842,663 | ||||||||||||||
| OREGON – 0.3% | ||||||||||||||
| Oregon State Lottery, Series D, Revenue Bonds | 5.00 | 04/01/27 | 520,000 | 520,102 | ||||||||||
| PENNSYLVANIA – 3.6% | ||||||||||||||
| City of Philadelphia, Series A, General Obligation | 5.00 | 08/01/32 | 300,000 | 309,832 | ||||||||||
| City of Scranton, General Obligation | 5.00 | 09/01/29 | 515,000 | 525,620 | ||||||||||
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Series A, Revenue Bonds | 5.00 | 12/01/32 | 320,000 | 326,058 | ||||||||||
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Series B, Revenue Bonds | 5.00 | 12/01/28 | 500,000 | 512,976 | ||||||||||
| Pennsylvania Turnpike Commission, Revenue Bonds | 5.00 | 12/01/31 | 225,000 | 233,560 | ||||||||||
| Pennsylvania Turnpike Commission, Series B, Revenue Bonds | 5.00 | 06/01/29 | 1,175,000 | 1,191,628 | ||||||||||
| Philadelphia Authority for Industrial Development, Revenue Bonds | 5.00 | 12/01/27 | 650,000 | 655,604 | ||||||||||
| Philadelphia Gas Works Co., Revenue Bonds | 5.00 | 10/01/30 | 325,000 | 331,323 | ||||||||||
| Scranton-Lackawanna Health & Welfare Authority, Revenue Bonds | 5.00 | 11/01/29 | 900,000 | 909,611 | ||||||||||
| Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series B, Revenue Bonds | 4.00 | 02/01/26 | 1,100,000 | 1,106,473 | ||||||||||
| 6,102,685 | ||||||||||||||
| RHODE ISLAND – 0.3% | ||||||||||||||
| Rhode Island Commerce Corp., Revenue Bonds | 5.00 | 07/01/31 | 445,000 | 449,183 | ||||||||||
| SOUTH CAROLINA – 1.8% | ||||||||||||||
| Dillon County School Facilities Corp., Certificate Participation | 5.00 | 12/01/30 | 300,000 | 319,668 | ||||||||||
| South Carolina Jobs-Economic Development Authority, Revenue Bonds | 5.00 | 05/01/33 | 900,000 | 924,308 | ||||||||||
| South Carolina Jobs-Economic Development Authority, Revenue Bonds | 5.00 | 11/01/55 | 1,565,000 | 1,650,872 | ||||||||||
| 2,894,848 | ||||||||||||||
| TENNESSEE – 1.3% | ||||||||||||||
| Chattanooga Health Educational & Housing Facility Board, Revenue Bonds | 3.80 | 12/01/29 | 1,000,000 | 1,006,178 | ||||||||||
| Tennergy Corp., Revenue Bonds | 5.00 | 10/01/54 | 1,100,000 | 1,144,613 | ||||||||||
| 2,150,791 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
208
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TEXAS – 5.7% | ||||||||||||||
| Brushy Creek Regional Utility Authority, Inc., Revenue Bonds | 4.00 | 08/01/31 | $ | 650,000 | $ | 651,002 | ||||||||
| City of Dallas Hotel Occupancy Tax Revenue, Revenue Bonds | 4.00 | 08/15/28 | 550,000 | 550,918 | ||||||||||
| City of Dallas Housing Finance Corp., Revenue Bonds | 5.00 | 08/01/27 | 600,000 | 611,685 | ||||||||||
| City of El Paso, General Obligation | 4.00 | 08/15/31 | 370,000 | 370,952 | ||||||||||
| City of Round Rock, Series A, General Obligation | 4.00 | 08/15/25 | 200,000 | 200,371 | ||||||||||
| City of San Antonio Electric & Gas Systems Revenue, Revenue Bonds | 5.00 | 02/01/32 | 1,475,000 | 1,491,516 | ||||||||||
| Dallas Independent School District, Series A, General Obligation | 5.00 | 02/15/55 | 1,300,000 | 1,375,748 | ||||||||||
| Harris County Cultural Education Facilities Finance Corp., Revenue Bonds | 5.00 | 07/01/49 | 425,000 | 435,222 | ||||||||||
| Lower Colorado River Authority, Revenue Bonds | 5.00 | 05/15/25 | 165,000 | 165,081 | ||||||||||
| North East Independent School District, General Obligation | 3.75 | 08/01/49 | 1,110,000 | 1,114,850 | ||||||||||
| Northside Independent School District, General Obligation | 4.00 | 08/01/32 | 500,000 | 500,046 | ||||||||||
| State of Texas, General Obligation | 5.00 | 10/01/29 | 650,000 | 653,672 | ||||||||||
| Texas Municipal Gas Acquisition & Supply Corp. V, Revenue Bonds | 5.00 | 01/01/28 | 1,350,000 | 1,394,307 | ||||||||||
| 9,515,370 | ||||||||||||||
| UTAH – 0.3% | ||||||||||||||
| Utah Associated Municipal Power Systems, Series A, Revenue Bonds | 5.00 | 09/01/32 | 500,000 | 514,277 | ||||||||||
| VIRGINIA – 0.3% | ||||||||||||||
| Louisa Industrial Development Authority, Revenue Bonds | 3.80 | 11/01/35 | 550,000 | 554,577 | ||||||||||
| WASHINGTON – 3.8% | ||||||||||||||
| City of Tacoma Solid Waste Utility Revenue, Series A, Revenue Bonds | 5.00 | 12/01/31 | 1,050,000 | 1,064,977 | ||||||||||
| King County School District No. 411 Issaquah, General Obligation | 4.00 | 12/01/31 | 1,775,000 | 1,779,539 | ||||||||||
| Pend Oreille County Public Utility District No. 1 Box Canyon, Revenue Bonds | 5.00 | 01/01/33 | 970,000 | 1,000,039 | ||||||||||
| Port of Tacoma, Series A, General Obligation | 5.00 | 12/01/27 | 605,000 | 619,480 | ||||||||||
| Snohomish County School District No 103 Monroe, General Obligation | 4.00 | 12/01/33 | 1,000,000 | 1,002,953 | ||||||||||
| Washington Higher Education Facilities Authority, Revenue Bonds | 4.00 | 05/01/33 | 400,000 | 399,048 | ||||||||||
| Washington Higher Education Facilities Authority, Revenue Bonds | 5.00 | 05/01/31 | 500,000 | 512,308 | ||||||||||
| 6,378,344 | ||||||||||||||
| WEST VIRGINIA – 0.7% | ||||||||||||||
| West Virginia Housing Development Fund, Series A, Revenue Bonds | 3.25 | 11/01/27 | 1,100,000 | 1,095,547 | ||||||||||
| WISCONSIN – 2.9% | ||||||||||||||
| Public Finance Authority, Revenue Bonds | 5.00 | 06/01/26 | 330,000 | 333,909 | ||||||||||
| State of Wisconsin, General Obligation | 5.00 | 05/01/28 | 1,950,000 | 2,063,269 | ||||||||||
| State of Wisconsin, Series 1, General Obligation | 5.00 | 11/01/25 | 750,000 | 750,000 | ||||||||||
| Wisconsin Housing & Economic Development Authority, Revenue Bonds | 5.00 | 08/01/58 | 1,100,000 | 1,118,446 | ||||||||||
| Wisconsin Housing & Economic Development Authority, Revenue Bonds | 5.00 | 11/01/58 | 600,000 | 616,186 | ||||||||||
| 4,881,810 | ||||||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $113,004,177) | 112,727,551 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
209
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Short Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.5% | ||||||||||||||
| TIME DEPOSITS – 1.5% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 3.68 | 05/01/25 | $ | 2,489,099 | $ | 2,489,099 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $2,489,099) | 2,489,099 | |||||||||||||
| TOTAL INVESTMENTS – 99.9% (Cost - $167,475,755) | $ | 167,541,069 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.1% | 247,510 | |||||||||||||
| NET ASSETS – 100.0% | $ | 167,788,579 | ||||||||||||
| 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, 2025, amounts to $33,031,529 and represents 19.7% 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.
210
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 3.5% | ||||||||||||||
| OTHER ABS – 3.5% | ||||||||||||||
| DB Master Finance LLC 2021-1A Class A2II(1) | 2.49 | 11/20/51 | $ | 48,375 | $ | 44,741 | ||||||||
| Domino’s Pizza Master Issuer LLC 2018-1A Class A2I(1) | 4.12 | 07/25/48 | 104,225 | 103,697 | ||||||||||
| MMAF Equipment Finance LLC 2023-A Class A2(1) | 5.79 | 11/13/26 | 25,012 | 25,083 | ||||||||||
| Subway Funding LLC 2024-1A Class A2II(1) | 6.27 | 07/30/54 | 59,700 | 60,879 | ||||||||||
| Taco Bell Funding LLC 2016-1A Class A23(1) | 4.97 | 05/25/46 | 56,250 | 56,269 | ||||||||||
| Wendy’s Funding LLC 2018-1A Class A2II(1) | 3.88 | 03/15/48 | 64,912 | 63,425 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $353,080) | 354,094 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 7.2% | ||||||||||||||
| COMMERCIAL – 5.7% | ||||||||||||||
| BANK 2017-BNK6 Class A5 | 3.52 | 07/15/60 | 99,000 | 96,749 | ||||||||||
| BANK 2017-BNK9 Class A3 | 3.28 | 11/15/54 | 21,266 | 20,787 | ||||||||||
| BANK5 2023-5YR1 Class A3 | 6.26 | 04/15/56 | 65,000 | 67,797 | ||||||||||
| BANK5 2023-5YR2 Class A3 | 6.66 | 07/15/56 | 70,000 | 74,170 | ||||||||||
| Benchmark Mortgage Trust 2024-V5 Class A3 | 5.81 | 01/10/57 | 35,000 | 36,377 | ||||||||||
| COMM Mortgage Trust 2016-DC2 Class A5 | 3.77 | 02/10/49 | 56,000 | 55,512 | ||||||||||
| GS Mortgage Securities Corp. Trust 2023-SHIP Class A(1) | 4.47 | 09/10/38 | 100,000 | 99,534 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2015-C29 Class A4 | 3.64 | 06/15/48 | 18,913 | 18,874 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2016-NXS6 Class A4 | 2.92 | 11/15/49 | 50,000 | 48,833 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2017-C38 Class A5 | 3.45 | 07/15/50 | 50,000 | 48,757 | ||||||||||
| 567,390 | ||||||||||||||
| WHOLE LOAN COLLATERAL – 1.5% | ||||||||||||||
| JP Morgan Mortgage Trust 2021-4 Class A4(1) | 2.50 | 08/25/51 | 21,788 | 19,635 | ||||||||||
| JP Morgan Mortgage Trust 2021-7 Class A6(1) | 2.50 | 11/25/51 | 28,590 | 26,602 | ||||||||||
| Radian Mortgage Capital Trust 2025-J1 Class A16(1) | 5.50 | 07/25/55 | 98,328 | 98,943 | ||||||||||
| 145,180 | ||||||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $708,541) | 712,570 | |||||||||||||
| CORPORATE BONDS – 11.0% | ||||||||||||||
| AUTO MANUFACTURERS – 0.3% | ||||||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 32,000 | 32,086 | ||||||||||
| BANKS – 2.8% | ||||||||||||||
| Bank of America Corp.(2) | 4.38 | – | 20,000 | 19,214 | ||||||||||
| Bank of New York Mellon Corp.(2) | 3.75 | – | 25,000 | 23,693 | ||||||||||
| Citigroup, Inc.(2) | 4.00 | – | 20,000 | 19,608 | ||||||||||
| Citizens Financial Group, Inc.(2) | 5.65 | – | 24,000 | 23,879 | ||||||||||
| JP Morgan Chase & Co. | 1.58 | 04/22/27 | 41,000 | 39,865 | ||||||||||
| Northern Trust Corp.(2) | 4.60 | – | 32,000 | 31,411 | ||||||||||
| PNC Financial Services Group, Inc.(2) | 6.00 | – | 32,000 | 31,730 | ||||||||||
| Truist Financial Corp.(2) | 5.10 | – | 25,000 | 23,999 | ||||||||||
| US Bancorp(2) | 3.70 | – | 42,000 | 39,341 | ||||||||||
| Wells Fargo & Co.(2) | 3.90 | – | 24,000 | 23,587 | ||||||||||
| 276,327 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
211
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BUILDING MATERIALS – 0.3% | ||||||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | $ | 26,000 | $ | 24,274 | ||||||||
| COMMERCIAL SERVICES – 0.6% | ||||||||||||||
| Element Fleet Management Corp.(1) | 5.64 | 03/13/27 | 31,000 | 31,542 | ||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 33,000 | 32,056 | ||||||||||
| 63,598 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 1.5% | ||||||||||||||
| American Express Co.(2) | 3.55 | – | 33,000 | 31,658 | ||||||||||
| Charles Schwab Corp.(2) | 5.38 | – | 24,000 | 23,981 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 23,000 | 23,634 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 24,000 | 23,610 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 24,000 | 23,105 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 23,000 | 23,764 | ||||||||||
| 149,752 | ||||||||||||||
| ENTERTAINMENT – 0.3% | ||||||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 32,000 | 31,150 | ||||||||||
| HEALTHCARE-SERVICES – 0.2% | ||||||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 25,000 | 24,130 | ||||||||||
| INSURANCE – 1.2% | ||||||||||||||
| Athene Global Funding(1) | 1.73 | 10/02/26 | 33,000 | 31,735 | ||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 33,000 | 31,987 | ||||||||||
| MetLife, Inc.(2) | 3.85 | – | 24,000 | 23,760 | ||||||||||
| SBL Holdings, Inc.(1) | 5.13 | 11/13/26 | 32,000 | 31,751 | ||||||||||
| 119,233 | ||||||||||||||
| INTERNET – 0.2% | ||||||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 24,000 | 21,982 | ||||||||||
| INVESTMENT COMPANIES – 1.3% | ||||||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 32,000 | 31,228 | ||||||||||
| Golub Capital BDC, Inc. | 2.50 | 08/24/26 | 33,000 | 31,760 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 31,000 | 31,935 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 31,000 | 31,535 | ||||||||||
| 126,458 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.3% | ||||||||||||||
| Axon Enterprise, Inc.(1) | 6.13 | 03/15/30 | 24,000 | 24,478 | ||||||||||
| OIL & GAS – 0.2% | ||||||||||||||
| Parkland Corp.(1) | 6.63 | 08/15/32 | 24,000 | 23,913 | ||||||||||
| PRIVATE EQUITY – 0.3% | ||||||||||||||
| Hercules Capital, Inc. | 2.63 | 09/16/26 | 33,000 | 31,460 | ||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 1.0% | ||||||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 33,000 | 32,005 | ||||||||||
| EPR Properties | 4.75 | 12/15/26 | 32,000 | 31,734 | ||||||||||
| VICI Properties LP/VICI Note Co., Inc.(1) | 4.13 | 08/15/30 | 34,000 | 32,102 | ||||||||||
| 95,841 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
212
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 0.5% | ||||||||||||||
| Group 1 Automotive, Inc.(1) | 6.38 | 01/15/30 | $ | 23,000 | $ | 23,278 | ||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 24,000 | 22,378 | ||||||||||
| 45,656 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $1,095,194) | 1,090,338 | |||||||||||||
| MUNICIPAL BONDS – 76.5% | ||||||||||||||
| ALABAMA – 3.5% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 06/01/51 | 145,000 | 142,311 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A, Revenue Bonds | 5.00 | 01/01/56 | 200,000 | 205,135 | ||||||||||
| 347,446 | ||||||||||||||
| ARIZONA – 1.6% | ||||||||||||||
| Salt River Project Agricultural Improvement & Power District, Series A, Revenue Bonds | 5.00 | 01/01/49 | 150,000 | 157,534 | ||||||||||
| ARKANSAS – 2.5% | ||||||||||||||
| City of Rogers Sales & Use Tax Revenue, Revenue Bonds | 4.00 | 11/01/32 | 250,000 | 250,208 | ||||||||||
| CALIFORNIA – 1.1% | ||||||||||||||
| California Community Choice Financing Authority, Revenue Bonds | 5.00 | 02/01/54 | 100,000 | 104,843 | ||||||||||
| DISTRICT OF COLUMBIA – 3.5% | ||||||||||||||
| District of Columbia, Revenue Bonds | 5.00 | 04/01/30 | 165,000 | 168,680 | ||||||||||
| District of Columbia, Series A, General Obligation | 5.00 | 08/01/49 | 175,000 | 181,456 | ||||||||||
| 350,136 | ||||||||||||||
| FLORIDA – 10.0% | ||||||||||||||
| County of Polk Utility System Revenue, Revenue Bonds | 5.00 | 10/01/54 | 250,000 | 258,396 | ||||||||||
| Manatee County School District, Certificate Participation | 5.00 | 07/01/44 | 135,000 | 139,610 | ||||||||||
| School Board of Miami-Dade County, Series A, General Obligation | 5.00 | 03/15/36 | 165,000 | 177,953 | ||||||||||
| School District of Broward County, Series A, Certificate Participation | 5.00 | 07/01/33 | 90,000 | 95,989 | ||||||||||
| School District of Broward County, Series B, Certificate Participation | 5.00 | 07/01/36 | 150,000 | 161,684 | ||||||||||
| Tampa Bay Water, Series A, Revenue Bonds | 5.25 | 10/01/54 | 150,000 | 157,414 | ||||||||||
| 991,046 | ||||||||||||||
| GEORGIA – 5.6% | ||||||||||||||
| City of Atlanta Department of Aviation, Series A-1, Revenue Bonds | 5.00 | 07/01/49 | 175,000 | 181,011 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 09/01/52 | 100,000 | 99,182 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 5.00 | 06/01/53 | 90,000 | 93,147 | ||||||||||
| Metropolitan Atlanta Rapid Transit Authority, Series A, Revenue Bonds | 5.00 | 07/01/55 | 185,000 | 192,806 | ||||||||||
| 566,146 | ||||||||||||||
| ILLINOIS – 7.4% | ||||||||||||||
| Cook County School District No 25 Arlington Heights, General Obligation | 4.00 | 12/15/44 | 250,000 | 237,937 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 5.00 | 07/01/45 | 200,000 | 212,339 | ||||||||||
| Illinois State Toll Highway Authority, Series A, Revenue Bonds | 5.00 | 12/01/32 | 130,000 | 130,887 | ||||||||||
| Sales Tax Securitization Corp., Series C, Revenue Bonds | 5.50 | 01/01/36 | 150,000 | 157,572 | ||||||||||
| 738,735 | ||||||||||||||
| KENTUCKY – 1.9% | ||||||||||||||
| Kentucky Bond Development Corp., Revenue Bonds | 5.00 | 08/15/55 | 175,000 | 190,779 | ||||||||||
The accompanying notes are an integral part of these financial statements.
213
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MICHIGAN – 1.3% | ||||||||||||||
| Michigan State University, Revenue Bonds | 5.00 | 08/15/37 | $ | 120,000 | $ | 129,774 | ||||||||
| MISSOURI – 2.3% | ||||||||||||||
| Health & Educational Facilities Authority of the State of Missouri, Series C, Revenue Bonds | 5.00 | 04/01/59 | 40,000 | 43,922 | ||||||||||
| Springfield School District No. R-12, General Obligation | 5.00 | 03/01/40 | 175,000 | 185,634 | ||||||||||
| 229,556 | ||||||||||||||
| NEW YORK – 1.9% | ||||||||||||||
| New York City Transitional Finance Authority, Series C, Revenue Bonds | 5.00 | 05/01/47 | 180,000 | 186,863 | ||||||||||
| NORTH CAROLINA – 2.0% | ||||||||||||||
| County of Mecklenburg, Revenue Bonds | 4.00 | 02/01/42 | 200,000 | 194,417 | ||||||||||
| OHIO – 1.6% | ||||||||||||||
| State of Ohio, Revenue Bonds | 5.00 | 01/01/27 | 150,000 | 154,921 | ||||||||||
| OKLAHOMA – 1.9% | ||||||||||||||
| Grand River Dam Authority, Revenue Bonds | 5.00 | 06/01/40 | 175,000 | 185,486 | ||||||||||
| PENNSYLVANIA – 7.5% | ||||||||||||||
| City of Philadelphia, Series A, General Obligation | 5.00 | 08/01/32 | 170,000 | 175,571 | ||||||||||
| Cumberland County Municipal Authority, Revenue Bonds | 5.00 | 05/01/32 | 110,000 | 111,284 | ||||||||||
| Pennsylvania Higher Educational Facilities Authority, Series A, Revenue Bonds | 4.00 | 08/15/32 | 300,000 | 298,672 | ||||||||||
| Pennsylvania Turnpike Commission, Series A, Revenue Bonds | 5.00 | 12/01/30 | 150,000 | 153,641 | ||||||||||
| 739,168 | ||||||||||||||
| RHODE ISLAND – 2.1% | ||||||||||||||
| Rhode Island Health & Educational Building Corp., Revenue Bonds | 5.00 | 05/15/44 | 200,000 | 207,970 | ||||||||||
| TEXAS – 17.2% | ||||||||||||||
| County of Harris, General Obligation | 5.00 | 09/15/54 | 175,000 | 180,179 | ||||||||||
| Dallas Fort Worth International Airport, Revenue Bonds | 5.00 | 11/01/39 | 200,000 | 215,787 | ||||||||||
| Denton Independent School District, General Obligation | 5.00 | 08/15/48 | 200,000 | 207,245 | ||||||||||
| East Central Independent School District, General Obligation | 5.00 | 08/15/37 | 250,000 | 275,233 | ||||||||||
| Lower Colorado River Authority, Revenue Bonds | 5.00 | 05/15/34 | 250,000 | 270,404 | ||||||||||
| North Texas Tollway Authority, Series A, Revenue Bonds | 5.00 | 01/01/45 | 200,000 | 208,767 | ||||||||||
| Royse City Independent School District, General Obligation | 5.00 | 02/15/54 | 180,000 | 184,425 | ||||||||||
| Tarrant County Cultural Education Facilities Finance Corp., Series B, Revenue Bonds | 5.00 | 07/01/34 | 155,000 | 160,583 | ||||||||||
| 1,702,623 | ||||||||||||||
| WASHINGTON – 1.6% | ||||||||||||||
| State of Washington, General Obligation | 5.00 | 06/01/48 | 150,000 | 156,829 | ||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $7,710,796) | 7,584,480 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
214
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.7% | ||||||||||||||
| TIME DEPOSITS – 0.7% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | $ | 66,243 | $ | 66,243 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $66,243) | 66,243 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $9,933,854) | $ | 9,807,725 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 108,387 | |||||||||||||
| NET ASSETS – 100.0% | $ | 9,916,112 | ||||||||||||
| (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, 2025, amounts to $1,032,886 and represents 10.4% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
| (2) | Security is perpetual in nature and has no stated maturity date. |
The accompanying notes are an integral part of these financial statements.
215
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 4.9% | ||||||||||||||
| OTHER ABS – 4.9% | ||||||||||||||
| Domino’s Pizza Master Issuer LLC 2018-1A Class A2I(1) | 4.12 | 07/25/48 | $ | 56,850 | $ | 56,561 | ||||||||
| MMAF Equipment Finance LLC 2023-A Class A2(1) | 5.79 | 11/13/26 | 24,644 | 24,714 | ||||||||||
| Planet Fitness Master Issuer LLC 2024-1A Class A2I(1) | 5.77 | 06/05/54 | 49,750 | 50,932 | ||||||||||
| Subway Funding LLC 2024-1A Class A2II(1) | 6.27 | 07/30/54 | 59,700 | 60,879 | ||||||||||
| Taco Bell Funding LLC 2016-1A Class A23(1) | 4.97 | 05/25/46 | 56,250 | 56,269 | ||||||||||
| Wendy’s Funding LLC 2018-1A Class A2II(1) | 3.88 | 03/15/48 | 64,912 | 63,425 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $311,561) | 312,780 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 5.6% | ||||||||||||||
| COMMERCIAL – 4.9% | ||||||||||||||
| BANK 2017-BNK9 Class A3 | 3.28 | 11/15/54 | 21,709 | 21,220 | ||||||||||
| BANK5 2023-5YR2 Class A3 | 6.66 | 07/15/56 | 69,000 | 73,110 | ||||||||||
| BBCMS Mortgage Trust 2024-5C25 Class A3 | 5.95 | 03/15/57 | 43,000 | 44,929 | ||||||||||
| CGMS Commercial Mortgage Trust 2017-B1 Class A3 | 3.20 | 08/15/50 | 47,935 | 46,533 | ||||||||||
| COMM Mortgage Trust 2016-CR28 Class A4 | 3.76 | 02/10/49 | 48,000 | 47,678 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24 Class A4 | 3.73 | 05/15/48 | 31,000 | 30,891 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2017-C38 Class A5 | 3.45 | 07/15/50 | 50,000 | 48,757 | ||||||||||
| 313,118 | ||||||||||||||
| WHOLE LOAN COLLATERAL – 0.7% | ||||||||||||||
| JP Morgan Mortgage Trust 2021-4 Class A4(1) | 2.50 | 08/25/51 | 22,377 | 20,166 | ||||||||||
| JP Morgan Mortgage Trust 2021-7 Class A6(1) | 2.50 | 11/25/51 | 28,590 | 26,602 | ||||||||||
| 46,768 | ||||||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $357,407) | 359,886 | |||||||||||||
| CORPORATE BONDS – 11.7% | ||||||||||||||
| AUTO MANUFACTURERS – 0.3% | ||||||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 20,000 | 20,054 | ||||||||||
| BANKS – 3.0% | ||||||||||||||
| Bank of America Corp.(2) | 4.38 | – | 15,000 | 14,410 | ||||||||||
| Bank of New York Mellon Corp.(2) | 3.75 | – | 19,000 | 18,007 | ||||||||||
| Citigroup, Inc.(2) | 4.00 | – | 15,000 | 14,706 | ||||||||||
| Citizens Financial Group, Inc.(2) | 5.65 | – | 18,000 | 17,910 | ||||||||||
| JP Morgan Chase & Co. | 1.58 | 04/22/27 | 20,000 | 19,446 | ||||||||||
| Northern Trust Corp.(2) | 4.60 | – | 24,000 | 23,558 | ||||||||||
| PNC Financial Services Group, Inc.(2) | 6.00 | – | 24,000 | 23,797 | ||||||||||
| Truist Financial Corp.(2) | 5.10 | – | 18,000 | 17,279 | ||||||||||
| US Bancorp(2) | 3.70 | – | 31,000 | 29,038 | ||||||||||
| Wells Fargo & Co.(2) | 3.90 | – | 18,000 | 17,690 | ||||||||||
| 195,841 | ||||||||||||||
| BUILDING MATERIALS – 0.3% | ||||||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 19,000 | 17,739 | ||||||||||
| COMMERCIAL SERVICES – 0.6% | ||||||||||||||
| Element Fleet Management Corp.(1) | 5.64 | 03/13/27 | 20,000 | 20,350 | ||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 20,000 | 19,428 | ||||||||||
| 39,778 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
216
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 1.8% | ||||||||||||||
| American Express Co.(2) | 3.55 | – | $ | 25,000 | $ | 23,983 | ||||||||
| Charles Schwab Corp.(2) | 5.38 | – | 18,000 | 17,985 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 17,000 | 17,468 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 18,000 | 17,708 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 19,000 | 18,292 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 17,000 | 17,565 | ||||||||||
| 113,001 | ||||||||||||||
| ENTERTAINMENT – 0.3% | ||||||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 20,000 | 19,469 | ||||||||||
| HEALTHCARE-SERVICES – 0.3% | ||||||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 18,000 | 17,373 | ||||||||||
| INSURANCE – 1.2% | ||||||||||||||
| Athene Global Funding(1) | 1.73 | 10/02/26 | 20,000 | 19,233 | ||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 20,000 | 19,386 | ||||||||||
| MetLife, Inc.(2) | 3.85 | – | 18,000 | 17,820 | ||||||||||
| SBL Holdings, Inc.(1) | 5.13 | 11/13/26 | 20,000 | 19,845 | ||||||||||
| 76,284 | ||||||||||||||
| INTERNET – 0.3% | ||||||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 18,000 | 16,486 | ||||||||||
| INVESTMENT COMPANIES – 1.2% | ||||||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 20,000 | 19,517 | ||||||||||
| Golub Capital BDC, Inc. | 2.50 | 08/24/26 | 20,000 | 19,249 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 20,000 | 20,603 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 20,000 | 20,345 | ||||||||||
| 79,714 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.3% | ||||||||||||||
| Axon Enterprise, Inc.(1) | 6.13 | 03/15/30 | 18,000 | 18,358 | ||||||||||
| OIL & GAS – 0.3% | ||||||||||||||
| Parkland Corp.(1) | 6.63 | 08/15/32 | 18,000 | 17,935 | ||||||||||
| PRIVATE EQUITY – 0.3% | ||||||||||||||
| Hercules Capital, Inc. | 2.63 | 09/16/26 | 20,000 | 19,067 | ||||||||||
| REAL ESTATE INVESTMENT TRUST (REITS) – 0.9% | ||||||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 20,000 | 19,397 | ||||||||||
| EPR Properties | 4.75 | 12/15/26 | 20,000 | 19,834 | ||||||||||
| VICI Properties LP/VICI Note Co., Inc.(1) | 4.13 | 08/15/30 | 20,000 | 18,884 | ||||||||||
| 58,115 | ||||||||||||||
| RETAIL – 0.6% | ||||||||||||||
| Group 1 Automotive, Inc.(1) | 6.38 | 01/15/30 | 18,000 | 18,218 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 19,000 | 17,716 | ||||||||||
| 35,934 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $749,323) | 745,148 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
217
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MUNICIPAL BONDS – 76.2% | ||||||||||||||
| ALABAMA – 3.9% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 06/01/51 | $ | 100,000 | $ | 98,145 | ||||||||
| Black Belt Energy Gas District, Series B, Revenue Bonds | 5.25 | 12/01/53 | 50,000 | 53,053 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A, Revenue Bonds | 5.00 | 01/01/56 | 100,000 | 102,568 | ||||||||||
| 253,766 | ||||||||||||||
| CALIFORNIA – 1.6% | ||||||||||||||
| California Community Choice Financing Authority, Revenue Bonds | 5.00 | 02/01/54 | 100,000 | 104,843 | ||||||||||
| FLORIDA – 1.7% | ||||||||||||||
| Tampa Bay Water, Series A, Revenue Bonds | 5.25 | 10/01/54 | 100,000 | 104,942 | ||||||||||
| GEORGIA – 1.6% | ||||||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 09/01/52 | 100,000 | 99,182 | ||||||||||
| ILLINOIS – 2.8% | ||||||||||||||
| Illinois State Toll Highway Authority, Series A, Revenue Bonds | 5.00 | 01/01/45 | 175,000 | 178,881 | ||||||||||
| MASSACHUSETTS – 61.1% | ||||||||||||||
| Berkshire Wind Power Cooperative Corp., Revenue Bonds | 5.00 | 07/01/30 | 200,000 | 207,255 | ||||||||||
| Bristol-Plymouth Regional Vocational Technical School District, General Obligation | 4.00 | 04/01/38 | 200,000 | 199,078 | ||||||||||
| City of Boston, General Obligation | 5.00 | 11/01/27 | 75,000 | 79,068 | ||||||||||
| City of Somerville, General Obligation | 5.00 | 06/01/28 | 205,000 | 218,511 | ||||||||||
| City of Worcester, General Obligation | 5.00 | 02/15/37 | 175,000 | 193,277 | ||||||||||
| Commonwealth of Massachusetts Transportation Fund Revenue, Series A, Revenue Bonds | 5.00 | 06/01/53 | 230,000 | 238,880 | ||||||||||
| Commonwealth of Massachusetts, Series D, General Obligation | 5.00 | 10/01/53 | 200,000 | 206,545 | ||||||||||
| Dennis-Yarmouth Regional School District, General Obligation | 5.00 | 11/01/52 | 200,000 | 206,407 | ||||||||||
| Massachusetts Bay Transportation Authority Assessment Revenue, Series A, Revenue Bonds | 5.00 | 07/01/52 | 200,000 | 204,856 | ||||||||||
| Massachusetts Development Finance Agency, Series A, Revenue Bonds | 5.00 | 05/15/55 | 200,000 | 224,144 | ||||||||||
| Massachusetts Development Finance Agency, Series B, Revenue Bonds | 4.00 | 10/01/48 | 150,000 | 141,075 | ||||||||||
| Massachusetts Development Finance Agency, Series D, Revenue Bonds | 5.00 | 07/01/47 | 200,000 | 204,274 | ||||||||||
| Massachusetts School Building Authority, Series C, Revenue Bonds | 5.00 | 11/15/33 | 165,000 | 168,317 | ||||||||||
| Massachusetts Water Resources Authority, Series B, Revenue Bonds | 5.00 | 08/01/43 | 200,000 | 212,747 | ||||||||||
| Nauset Regional School District, General Obligation | 5.00 | 05/15/28 | 150,000 | 159,082 | ||||||||||
| Town of Lynnfield, General Obligation | 4.00 | 02/01/45 | 150,000 | 140,699 | ||||||||||
| Town of Nantucket, General Obligation | 5.00 | 03/15/34 | 165,000 | 189,046 | ||||||||||
| Town of Webster, General Obligation | 4.00 | 02/01/41 | 175,000 | 170,192 | ||||||||||
| Town of Winchester, General Obligation | 4.00 | 03/15/50 | 195,000 | 180,214 | ||||||||||
| University of Massachusetts Building Authority, Series 1, Revenue Bonds | 4.00 | 11/01/46 | 200,000 | 183,442 | ||||||||||
| Woods Hole Marthas Vineyard & Nantucket Steamship Authority, Series A, Revenue Bonds | 5.00 | 03/01/27 | 185,000 | 192,430 | ||||||||||
| 3,919,539 | ||||||||||||||
| PENNSYLVANIA – 1.8% | ||||||||||||||
| Cumberland County Municipal Authority, Revenue Bonds | 5.00 | 05/01/32 | 115,000 | 116,343 | ||||||||||
| TEXAS – 1.7% | ||||||||||||||
| Ector County Independent School District, Series A, General Obligation | 5.00 | 08/15/39 | 100,000 | 108,063 | ||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $4,994,525) | 4,885,559 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
218
BONDBLOXX ETF TRUST
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| Citibank, New York | 3.68 | 05/01/25 | $ | 35,171 | $ | 35,171 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $35,171) | 35,171 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $6,447,987) | $ | 6,338,544 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 73,151 | |||||||||||||
| NET ASSETS – 100.0% | $ | 6,411,695 | ||||||||||||
| (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, 2025, amounts to $655,192 and represents 10.2% 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.
219
BONDBLOXX ETF TRUST
BondBloxx Private Credit CLO ETF
Portfolio of Investments
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 95.7% | ||||||||||||||
| OTHER ABS – 95.7% | ||||||||||||||
| ABPCI Direct Lending Fund CLO II LLC 2017-1A Class DRR (CME Term SOFR 3 Month + 4.15%)(1) | 8.42 | 07/20/37 | $ | 300,000 | $ | 301,266 | ||||||||
| ABPCI Direct Lending Fund CLO XII Ltd. 2023-12A Class B (CME Term SOFR 3 Month + 3.50%)(1) | 7.78 | 04/29/35 | 4,000,000 | 3,999,080 | ||||||||||
| ABPCI Direct Lending Fund CLO XII Ltd. 2023-12A Class D (CME Term SOFR 3 Month + 6.60%)(1) | 10.88 | 04/29/35 | 2,500,000 | 2,500,362 | ||||||||||
| ABPCI DIRECT LENDING FUND CLO XV Ltd. 2023-15A Class E (CME Term SOFR 3 Month + 8.60%)(1) | 12.88 | 10/30/35 | 1,000,000 | 1,002,914 | ||||||||||
| ABPCI Direct Lending Fund CLO XVII LLC 2024-17A Class D (CME Term SOFR 3 Month + 4.70%)(1) | 8.98 | 08/01/36 | 340,000 | 340,705 | ||||||||||
| Aimco CLO 20 Ltd. 2023-20A Class E (CME Term SOFR 3 Month + 7.00%)(1) | 11.26 | 10/16/36 | 400,000 | 403,362 | ||||||||||
| AMMC CLO 28 Ltd. 2024-28A Class E (CME Term SOFR 3 Month + 6.70%)(1) | 10.97 | 07/20/37 | 1,220,000 | 1,216,312 | ||||||||||
| Antares CLO 2018-3 Ltd. 2018-3A Class A1R (CME Term SOFR 3 Month + 1.59%)(1) | 5.86 | 07/20/36 | 600,000 | 596,846 | ||||||||||
| Antares CLO 2019-2 Ltd. 2019-2A Class A1R (CME Term SOFR 3 Month + 1.95%)(1) | 6.23 | 01/23/36 | 1,000,000 | 1,003,489 | ||||||||||
| Ares LXIX CLO Ltd. 2024-69A Class E (CME Term SOFR 3 Month + 6.50%)(1) | 10.76 | 04/15/36 | 600,000 | 598,526 | ||||||||||
| Bain Capital Credit CLO 2020-2 Ltd. 2020-2A Class ER (CME Term SOFR 3 Month + 6.87%)(1) | 11.14 | 07/19/34 | 845,000 | 839,822 | ||||||||||
| Ballyrock CLO 2019-2 Ltd. 2019-2A Class D1RR (CME Term SOFR 3 Month + 6.25%)(1) | 10.57 | 02/20/36 | 500,000 | 497,002 | ||||||||||
| Barings CLO Ltd. 2024-IV 2024-4A Class E (CME Term SOFR 3 Month + 5.95%)(1) | 10.22 | 10/20/37 | 1,750,000 | 1,755,331 | ||||||||||
| Barings Middle Market CLO 2023-I Ltd. 2023-IA Class C (CME Term SOFR 3 Month + 6.40%)(1) | 10.67 | 01/20/36 | 2,250,000 | 2,279,961 | ||||||||||
| BCC Middle Market CLO 2024-1 LLC 2024-1A Class A1 (CME Term SOFR 3 Month + 1.75%)(1) | 6.03 | 07/17/36 | 2,350,000 | 2,358,265 | ||||||||||
| BCC Middle Market CLO 2024-1 LLC 2024-1A Class D (CME Term SOFR 3 Month + 4.50%)(1) | 8.78 | 07/17/36 | 3,000,000 | 3,020,724 | ||||||||||
| BCRED CLO 2024-1 LLC 2024-1A Class B (CME Term SOFR 3 Month + 2.35%)(1) | 6.62 | 04/20/36 | 900,000 | 905,727 | ||||||||||
| Blackrock Shasta CLO XIV LLC 2024-2A Class C (CME Term SOFR 3 Month + 2.50%)(1) | 6.76 | 07/15/36 | 1,000,000 | 999,958 | ||||||||||
| BXSL CLO 2024-1 LLC 2024-1A Class B (CME Term SOFR 3 Month + 1.78%)(1) | 6.24 | 10/20/36 | 750,000 | 748,523 | ||||||||||
| CARLYLE US CLO 2017-3 Ltd. 2017-3A Class ER2 (CME Term SOFR 3 Month + 7.50%)(1) | 11.77 | 10/21/37 | 1,000,000 | 1,020,004 | ||||||||||
| Carlyle US CLO 2024-8 Ltd. 2024-8A Class E (CME Term SOFR 3 Month + 5.50%)(1) | 9.82 | 01/25/37 | 650,000 | 649,429 | ||||||||||
| Churchill MMSLF CLO-III LP 2023-3A Class C (CME Term SOFR 3 Month + 4.20%)(1) | 8.47 | 01/20/36 | 5,800,000 | 5,877,244 | ||||||||||
| CIFC Funding 2017-III Ltd. 2017-3A Class ER (CME Term SOFR 3 Month + 6.70%)(1) | 10.97 | 04/20/37 | 350,000 | 346,930 | ||||||||||
| Danby Park CLO Ltd. 2022-1A Class ER (CME Term SOFR 3 Month + 5.95%)(1) | 10.22 | 10/21/37 | 500,000 | 496,881 | ||||||||||
| Deerpath Capital CLO 2020-1 Ltd. 2020-1A Class DR (CME Term SOFR 3 Month + 6.39%)(1) | 10.67 | 04/17/34 | 2,000,000 | 2,015,586 | ||||||||||
The accompanying notes are an integral part of these financial statements.
220
BONDBLOXX ETF TRUST
BondBloxx Private Credit CLO ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OTHER ABS – 95.7% (Continued) | ||||||||||||||
| Deerpath Capital CLO 2024-1 Ltd. 2024-1A Class B (CME Term SOFR 3 Month + 2.60%)(1) | 6.86 | 07/15/36 | $ | 1,000,000 | $ | 1,004,771 | ||||||||
| Dryden 85 CLO Ltd. 2020-85A Class ER2 (CME Term SOFR 3 Month + 7.00%)(1) | 11.26 | 07/15/37 | 2,000,000 | 1,999,998 | ||||||||||
| Elmwood CLO V Ltd. 2020-2A Class ERR (CME Term SOFR 3 Month + 5.75%)(1) | 10.02 | 10/20/37 | 1,900,000 | 1,890,365 | ||||||||||
| Golub Capital Partners CLO 17 Ltd. 2013-17A Class A1RR (CME Term SOFR 3 Month + 1.47%)(1) | 5.77 | 02/09/39 | 1,500,000 | 1,491,212 | ||||||||||
| Golub Capital Partners CLO 31M Ltd. 2016-31A Class A1RR (CME Term SOFR 3 Month + 1.60%)(1) | 6.21 | 11/05/37 | 2,000,000 | 1,993,148 | ||||||||||
| Golub Capital Partners CLO 38M Ltd. 2018-38A Class BR (CME Term SOFR 3 Month + 1.95%)(1) | 6.23 | 07/28/36 | 1,000,000 | 999,992 | ||||||||||
| Golub Capital Partners CLO 42M-R 2019-42RA Class DR (CME Term SOFR 3 Month + 6.10%)(1) | 10.38 | 01/20/36 | 5,000,000 | 5,026,950 | ||||||||||
| Golub Capital Partners CLO 45M Ltd. 2019-45A Class A1R (CME Term SOFR 3 Month + 1.62%)(1) | 5.89 | 07/20/37 | 9,000,000 | 8,947,368 | ||||||||||
| Golub Capital Partners CLO 67M 2023-67A Class A1 (CME Term SOFR 3 Month + 2.50%)(1) | 6.80 | 05/09/36 | 2,000,000 | 2,002,916 | ||||||||||
| Golub Capital Partners CLO 67M 2023-67A Class C (CME Term SOFR 3 Month + 4.30%)(1) | 8.60 | 05/09/36 | 1,200,000 | 1,203,290 | ||||||||||
| Invesco US CLO 2024-1 Ltd. 2024-1RA Class ER (CME Term SOFR 3 Month + 7.40%)(1) | 11.66 | 04/15/37 | 1,250,000 | 1,254,831 | ||||||||||
| Ivy Hill Middle Market Credit Fund XX Ltd. 20A Class A (CME Term SOFR 3 Month + 2.40%)(1) | 6.67 | 04/20/35 | 4,500,000 | 4,502,439 | ||||||||||
| Ivy Hill Middle Market Credit Fund XX Ltd. 20A Class B (CME Term SOFR 3 Month + 3.50%)(1) | 7.77 | 04/20/35 | 1,000,000 | 1,000,155 | ||||||||||
| Ivy Hill Middle Market Credit Fund XXII Ltd. 2024-22A Class D (CME Term SOFR 3 Month + 5.05%)(1) | 9.32 | 04/20/36 | 3,500,000 | 3,515,666 | ||||||||||
| Lake Shore MM CLO IV Ltd. 2021-1A Class AR (CME Term SOFR 3 Month + 1.70%)(1) | 5.96 | 01/15/37 | 600,000 | 598,657 | ||||||||||
| Lake Shore MM CLO IV Ltd. 2021-1A Class DR (CME Term SOFR 3 Month + 4.25%)(1) | 8.51 | 01/15/37 | 488,000 | 494,954 | ||||||||||
| Lake Shore MM CLO V LLC 2022-1A Class BR (CME Term SOFR 3 Month + 4.15%)(1) | 8.41 | 01/15/37 | 1,400,000 | 1,392,184 | ||||||||||
| Maranon Loan Funding 2021-3 Ltd. 2021-3A Class DR (CME Term SOFR 3 Month + 4.81%)(1) | 9.07 | 10/15/36 | 5,000,000 | 5,021,305 | ||||||||||
| Maranon Loan Funding 2024-1 Ltd. 2024-1A Class B (CME Term SOFR 3 Month + 1.95%)(1) | 6.21 | 07/15/36 | 250,000 | 249,735 | ||||||||||
| MCF CLO V LLC 2017-1A Class CR2 (CME Term SOFR 3 Month + 2.55%)(1) | 6.82 | 10/20/37 | 6,000,000 | 6,003,600 | ||||||||||
| MCF CLO V LLC 2017-1A Class DR2 (CME Term SOFR 3 Month + 4.15%)(1) | 8.42 | 10/20/37 | 1,200,000 | 1,202,089 | ||||||||||
| MCF CLO VIII Ltd. 2018-1A Class DR (CME Term SOFR 3 Month + 5.15%)(1) | 9.42 | 04/18/36 | 2,000,000 | 2,012,852 | ||||||||||
| Monroe Capital MML CLO XIV LLC 2022-2A Class CR (CME Term SOFR 3 Month + 2.25%)(1) | 6.53 | 10/24/34 | 6,000,000 | 5,975,418 | ||||||||||
| Monroe Capital MML CLO XV LLC 2023-1A Class D (CME Term SOFR 3 Month + 6.55%)(1) | 10.83 | 09/23/35 | 750,000 | 755,997 | ||||||||||
| Octagon 66 Ltd. 2022-1A Class ER (CME Term SOFR 3 Month + 7.62%)(1) | 11.94 | 11/16/36 | 937,500 | 940,971 | ||||||||||
| Octagon Investment Partners 28 Ltd. 2016-1A Class ERR (CME Term SOFR 3 Month + 7.50%)(1) | 11.78 | 04/24/37 | 4,000,000 | 4,022,232 | ||||||||||
The accompanying notes are an integral part of these financial statements.
221
BONDBLOXX ETF TRUST
BondBloxx Private Credit CLO ETF
Portfolio of Investments (Continued)
April 30, 2025 (Unaudited)
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OTHER ABS – 95.7% (Continued) | ||||||||||||||
| Owl Rock CLO III Ltd. 2020-3A Class AR (CME Term SOFR 3 Month + 1.85%)(1) | 6.12 | 04/20/36 | $ | 1,000,000 | $ | 1,003,254 | ||||||||
| Owl Rock CLO X LLC 2023-10A Class BR (CME Term SOFR 3 Month + 1.70%)(1) | 5.96 | 04/20/37 | 600,000 | 596,245 | ||||||||||
| Woodmont 2022-10 Trust 2022-10A Class CR (CME Term SOFR 3 Month + 2.10%)(1) | 6.42 | 04/15/38 | 5,000,000 | 4,949,260 | ||||||||||
| Woodmont 2022-9 Trust 2022-9A Class A1R (CME Term SOFR 3 Month + 1.70%)(1) | 5.98 | 10/25/36 | 600,000 | 599,478 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $109,529,158) | 108,425,581 | |||||||||||||
| SHORT-TERM INVESTMENTS – 3.9% | ||||||||||||||
| TIME DEPOSITS – 3.9% | ||||||||||||||
| JP Morgan Chase, New York | 3.68 | 05/01/25 | 4,438,370 | 4,438,370 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $4,438,370) | 4,438,370 | |||||||||||||
| TOTAL INVESTMENTS – 99.6% (Cost - $113,967,528) | $ | 112,863,951 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.4% | 435,467 | |||||||||||||
| NET ASSETS – 100.0% | $ | 113,299,418 | ||||||||||||
| SOFR | Secured Overnight Financing 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, 2025, amounts to $108,425,581 and represents 95.7% 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.
222
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities
April 30, 2025 (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 | $ | 53,924,132 | $ | 76,424,161 | $ | 30,333,633 | $ | 39,357,396 | $ | 11,393,441 | ||||||||||
| Cash | 6,426 | – | – | – | – | |||||||||||||||
| Receivable for investments sold | 572,819 | 1,342,042 | 1,386,499 | 1,097,520 | – | |||||||||||||||
| Interest income receivable | 927,375 | 1,423,821 | 433,337 | 675,677 | 214,920 | |||||||||||||||
| TOTAL ASSETS | 55,430,752 | 79,190,024 | 32,153,469 | 41,130,593 | 11,608,361 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 1,068,216 | 1,365,036 | 1,762,679 | 991,788 | 369,836 | |||||||||||||||
| Management fees payable (Note 3) | 17,550 | 25,521 | 9,826 | 12,841 | 3,546 | |||||||||||||||
| TOTAL LIABILITIES | 1,085,766 | 1,390,557 | 1,772,505 | 1,004,629 | 373,382 | |||||||||||||||
| NET ASSETS | $ | 54,344,986 | $ | 77,799,467 | $ | 30,380,964 | $ | 40,125,964 | $ | 11,234,979 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 55,884,936 | 79,630,802 | 31,300,923 | 39,542,084 | 12,101,461 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (1,539,950 | ) | (1,831,335 | ) | (919,959 | ) | 583,880 | (866,482 | ) | |||||||||||
| NET ASSETS | $ | 54,344,986 | $ | 77,799,467 | $ | 30,380,964 | $ | 40,125,964 | $ | 11,234,979 | ||||||||||
| Shares outstanding | 1,450,000 | 2,275,000 | 875,000 | 1,075,000 | 302,500 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 37.48 | $ | 34.20 | $ | 34.72 | $ | 37.33 | $ | 37.14 | ||||||||||
| Investment in securities, at cost | $ | 54,916,723 | $ | 77,960,496 | $ | 30,430,901 | $ | 39,062,477 | $ | 11,971,844 | ||||||||||
The accompanying notes are an integral part of these financial statements.
223
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2025 (Unaudited)
| 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 |
||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 41,555,288 | $ | 23,152,597 | $ | 30,546,012 | (a) | $ | 277,477,407 | $ | 28,779,051 | |||||||||
| Cash | – | – | – | – | 893 | |||||||||||||||
| Receivable for investments sold | 293,755 | 346,580 | – | 5,081,876 | 329,039 | |||||||||||||||
| Interest income receivable | 655,361 | 333,072 | – | 4,117,329 | 540,280 | |||||||||||||||
| Due from the Adviser | – | – | 59,984 | – | – | |||||||||||||||
| Other assets | – | – | 3,615 | – | – | |||||||||||||||
| TOTAL ASSETS | 42,504,404 | 23,832,249 | 30,609,611 | 286,676,612 | 29,649,263 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | – | 1,346 | – | – | – | |||||||||||||||
| Payable for investments purchased | 463,302 | 309,478 | – | 5,969,028 | 582,092 | |||||||||||||||
| Management fees payable (Note 3) | 14,066 | 7,463 | – | 45,661 | 7,089 | |||||||||||||||
| Administration fees payable (Note 3) | – | – | 27,854 | – | – | |||||||||||||||
| Audit fees payable | – | – | 26,308 | – | – | |||||||||||||||
| Legal fees payable | – | – | 48,541 | – | – | |||||||||||||||
| TOTAL LIABILITIES | 477,368 | 318,287 | 102,703 | 6,014,689 | 589,181 | |||||||||||||||
| NET ASSETS | $ | 42,027,036 | $ | 23,513,962 | $ | 30,506,908 | $ | 280,661,923 | $ | 29,060,082 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 43,907,436 | 23,958,647 | 89,540,776 | 281,655,291 | 29,649,064 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (1,880,400 | ) | (444,685 | ) | (59,033,868 | ) | (993,368 | ) | (588,982 | ) | ||||||||||
| NET ASSETS | $ | 42,027,036 | $ | 23,513,962 | $ | 30,506,908 | $ | 280,661,923 | $ | 29,060,082 | ||||||||||
| Shares outstanding | 1,150,000 | 625,000 | 2,050,000 | 7,000,000 | 750,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 36.55 | $ | 37.62 | $ | 14.88 | $ | 40.09 | $ | 38.75 | ||||||||||
| Investment in securities, at cost | $ | 42,673,914 | $ | 23,475,397 | $ | 30,352,328 | $ | 279,020,839 | $ | 29,158,221 | ||||||||||
| (a) | For the BondBloxx USD High Yield Bond Sector Rotation ETF, $30,477,324 (cost $30,283,640) is invested in affiliated investment companies of the BondBloxx ETF Trust. |
The accompanying notes are an integral part of these financial statements.
224
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2025 (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 | $ | 120,886,087 | $ | 118,555,008 | $ | 10,023,219 | $ | 7,003,247 | $ | 340,588,686 | ||||||||||
| Cash | 1,200 | – | 75 | – | 1,409 | |||||||||||||||
| Receivable for investments sold | 2,553,478 | 2,852,064 | 498,141 | 220,380 | 7,219,183 | |||||||||||||||
| Interest income receivable | 2,649,033 | 1,283,699 | 119,954 | 101,322 | 4,129,992 | |||||||||||||||
| TOTAL ASSETS | 126,089,798 | 122,690,771 | 10,641,389 | 7,324,949 | 351,939,270 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 3,007,625 | 2,626,428 | 480,934 | 215,799 | 8,557,155 | |||||||||||||||
| Management fees payable (Note 3) | 40,485 | 17,387 | 1,882 | 1,102 | 80,748 | |||||||||||||||
| TOTAL LIABILITIES | 3,048,110 | 2,643,815 | 482,816 | 216,901 | 8,637,903 | |||||||||||||||
| NET ASSETS | $ | 123,041,688 | $ | 120,046,956 | $ | 10,158,573 | $ | 7,108,048 | $ | 343,301,367 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 129,392,565 | 118,446,530 | 10,133,840 | 7,513,310 | 331,612,000 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (6,350,877 | ) | 1,600,426 | 24,733 | (405,262 | ) | 11,689,367 | |||||||||||||
| NET ASSETS | $ | 123,041,688 | $ | 120,046,956 | $ | 10,158,573 | $ | 7,108,048 | $ | 343,301,367 | ||||||||||
| Shares outstanding | 3,300,000 | 2,350,000 | 200,000 | 150,000 | 8,150,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 37.29 | $ | 51.08 | $ | 50.79 | $ | 47.39 | $ | 42.12 | ||||||||||
| Investment in securities, at cost | $ | 127,533,453 | $ | 117,706,970 | $ | 10,046,065 | $ | 7,343,651 | $ | 332,500,969 | ||||||||||
| Foreign currency, at cost | $ | – | $ | – | $ | – | $ | – | $ | 2,258 | ||||||||||
The accompanying notes are an integral part of these financial statements.
225
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2025 (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 | $ | 1,325,175,491 | $ | 577,551,907 | $ | 128,573,640 | $ | 150,560,244 | $ | 146,544,285 | ||||||||||
| Cash | – | 1,404 | – | 536 | 320 | |||||||||||||||
| Receivable for investments sold | 84,861,001 | 46,184,636 | 4,759,651 | 6,537,489 | 9,667,792 | |||||||||||||||
| Receivable for shares created | – | – | – | – | 1,983,220 | |||||||||||||||
| Interest income receivable | – | 4,145,484 | 816,112 | 990,144 | 1,070,421 | |||||||||||||||
| TOTAL ASSETS | 1,410,036,492 | 627,883,431 | 134,149,403 | 158,088,413 | 159,266,038 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | 10,795 | – | – | – | – | |||||||||||||||
| Payable for investments purchased | 84,837,010 | 45,628,605 | 4,880,500 | 6,268,517 | 11,011,524 | |||||||||||||||
| Management fees payable (Note 3) | 27,471 | 15,250 | 5,230 | 6,134 | 9,695 | |||||||||||||||
| TOTAL LIABILITIES | 84,875,276 | 45,643,855 | 4,885,730 | 6,274,651 | 11,021,219 | |||||||||||||||
| NET ASSETS | $ | 1,325,161,216 | $ | 582,239,576 | $ | 129,263,673 | $ | 151,813,762 | $ | 148,244,819 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 1,321,654,371 | 581,924,473 | 128,698,506 | 149,968,602 | 145,074,246 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 3,506,845 | 315,103 | 565,167 | 1,845,160 | 3,170,573 | |||||||||||||||
| NET ASSETS | $ | 1,325,161,216 | $ | 582,239,576 | $ | 129,263,673 | $ | 151,813,762 | $ | 148,244,819 | ||||||||||
| Shares outstanding | 26,320,000 | 11,700,000 | 2,600,000 | 3,040,000 | 2,990,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 50.35 | $ | 49.76 | $ | 49.72 | $ | 49.94 | $ | 49.58 | ||||||||||
| Investment in securities, at cost | $ | 1,324,698,539 | $ | 576,153,219 | $ | 127,303,513 | $ | 148,462,265 | $ | 145,116,425 | ||||||||||
The accompanying notes are an integral part of these financial statements.
226
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2025 (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 |
BondBloxx IR+M Tax-Aware Intermediate Duration ETF |
||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 143,966,194 | $ | 557,592,431 | $ | 60,131,687 | $ | 167,541,069 | $ | 9,807,725 | ||||||||||
| Receivable for investments sold | 10,518,924 | 18,304,808 | 2,215,783 | – | – | |||||||||||||||
| Interest income receivable | 1,636,047 | 6,822,648 | 469,046 | 1,944,486 | 111,183 | |||||||||||||||
| TOTAL ASSETS | 156,121,165 | 582,719,887 | 62,816,516 | 169,485,555 | 9,918,908 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | – | 55,320 | – | – | – | |||||||||||||||
| Payable for investments purchased | 10,044,677 | 15,901,438 | 2,105,167 | 1,650,230 | – | |||||||||||||||
| Management fees payable (Note 3) | 5,789 | 33,038 | 6,208 | 46,746 | 2,796 | |||||||||||||||
| TOTAL LIABILITIES | 10,050,466 | 15,989,796 | 2,111,375 | 1,696,976 | 2,796 | |||||||||||||||
| NET ASSETS | $ | 146,070,699 | $ | 566,730,091 | $ | 60,705,141 | $ | 167,788,579 | $ | 9,916,112 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 144,230,367 | 563,388,738 | 70,842,452 | 167,283,548 | 9,996,607 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 1,840,332 | 3,341,353 | (10,137,311 | ) | 505,031 | (80,495 | ) | |||||||||||||
| NET ASSETS | $ | 146,070,699 | $ | 566,730,091 | $ | 60,705,141 | $ | 167,788,579 | $ | 9,916,112 | ||||||||||
| Shares outstanding | 3,040,000 | 12,200,000 | 1,550,000 | 3,330,000 | 200,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 48.05 | $ | 46.45 | $ | 39.16 | $ | 50.39 | $ | 49.58 | ||||||||||
| Investment in securities, at cost | $ | 141,944,892 | $ | 557,298,969 | $ | 62,933,113 | $ | 167,475,755 | $ | 9,933,854 | ||||||||||
The accompanying notes are an integral part of these financial statements.
227
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
April 30, 2025 (Unaudited)
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents |
BondBloxx Private Credit CLO ETF |
|||||||
| ASSETS: | ||||||||
| Investments in securities, at value | $ | 6,338,544 | $ | 112,863,951 | ||||
| Interest income receivable | 74,946 | 495,408 | ||||||
| TOTAL ASSETS | 6,413,490 | 113,359,359 | ||||||
| LIABILITIES: | ||||||||
| Management fees payable (Note 3) | 1,795 | 59,941 | ||||||
| TOTAL LIABILITIES | 1,795 | 59,941 | ||||||
| NET ASSETS | $ | 6,411,695 | $ | 113,299,418 | ||||
| COMPONENTS OF NET ASSETS | ||||||||
| Paid-in capital | 6,491,328 | 113,796,494 | ||||||
| Total distributable earnings/(accumulated loss) | (79,633 | ) | (497,076 | ) | ||||
| NET ASSETS | $ | 6,411,695 | $ | 113,299,418 | ||||
| Shares outstanding | 130,000 | 2,250,000 | ||||||
| Net asset value, offering and redemption price per share | $ | 49.32 | $ | 50.36 | ||||
| Investment in securities, at cost | $ | 6,447,987 | $ | 113,967,528 | ||||
The accompanying notes are an integral part of these financial statements.
228
BONDBLOXX ETF TRUST
Statements of Operations
For the Period Ended April 30, 2025 (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 | $ | 2,725,914 | $ | 4,624,511 | $ | 1,622,314 | $ | 2,048,761 | $ | 499,807 | ||||||||||
| Total income | 2,725,914 | 4,624,511 | 1,622,314 | 2,048,761 | 499,807 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 137,397 | 197,271 | 78,110 | 98,597 | 25,128 | |||||||||||||||
| Total Expenses | 137,397 | 197,271 | 78,110 | 98,597 | 25,128 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 2,588,517 | 4,427,240 | 1,544,204 | 1,950,164 | 474,679 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (13,901 | ) | 37,470 | (122,418 | ) | 70,694 | (1,027 | ) | ||||||||||||
| Unaffiliated in-kind redemptions | (659,947 | ) | (313,664 | ) | (353,840 | ) | 193,953 | (193,595 | ) | |||||||||||
| Net realized gain/(loss) | (673,848 | ) | (276,194 | ) | (476,258 | ) | 264,647 | (194,622 | ) | |||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | (1,442,932 | ) | (3,080,095 | ) | (549,841 | ) | (1,111,992 | ) | (505,458 | ) | ||||||||||
| Change in unrealized appreciation/(depreciation) | (1,442,932 | ) | (3,080,095 | ) | (549,841 | ) | (1,111,992 | ) | (505,458 | ) | ||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (2,116,780 | ) | (3,356,289 | ) | (1,026,099 | ) | (847,345 | ) | (700,080 | ) | ||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 471,737 | $ | 1,070,951 | $ | 518,105 | $ | 1,102,819 | $ | (225,401 | ) | |||||||||
The accompanying notes are an integral part of these financial statements.
229
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2025 (Unaudited)
| 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 |
||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 2,368,863 | $ | 1,030,692 | $ | 1,801 | $ | 3,409,649 | $ | 899,638 | ||||||||||
| Affiliated dividend income | – | – | 1,000,244 | – | – | |||||||||||||||
| Total income | 2,368,863 | 1,030,692 | 1,002,045 | 3,409,649 | 899,638 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 118,149 | 54,991 | 117,154 | 107,094 | 35,146 | |||||||||||||||
| Administration fees (Note 3) | – | – | 19,367 | – | – | |||||||||||||||
| Audit fees | – | – | 8,709 | – | – | |||||||||||||||
| Legal fees | – | – | 14,860 | – | – | |||||||||||||||
| Shareholder reporting fees | – | – | 2,229 | – | – | |||||||||||||||
| Other expenses | 17 | – | 2,740 | – | – | |||||||||||||||
| Total Expenses | 118,166 | 54,991 | 165,059 | 107,094 | 35,146 | |||||||||||||||
| Fee waiver and expense reimbursement | – | – | (135,379 | ) | – | – | ||||||||||||||
| Net Expenses | 118,166 | 54,991 | 29,680 | 107,094 | 35,146 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 2,250,697 | 975,701 | 972,365 | 3,302,555 | 864,492 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Unaffiliated investments in securities | (38,948 | ) | (146,006 | ) | – | (47,640 | ) | (17,947 | ) | |||||||||||
| Affiliated investments in securities | – | – | (4,932 | ) | – | – | ||||||||||||||
| Unaffiliated in-kind redemptions | (774,832 | ) | 9,297 | – | – | – | ||||||||||||||
| Affiliated in-kind redemptions | – | – | 25,805 | – | – | |||||||||||||||
| Net realized gain/(loss) | (813,780 | ) | (136,709 | ) | 20,873 | (47,640 | ) | (17,947 | ) | |||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Unaffiliated investments in securities | (1,658,073 | ) | (472,749 | ) | – | (2,776,386 | ) | (722,134 | ) | |||||||||||
| Affiliated investments in securities | – | – | (519,618 | ) | – | – | ||||||||||||||
| Change in unrealized appreciation/(depreciation) | (1,658,073 | ) | (472,749 | ) | (519,618 | ) | (2,776,386 | ) | (722,134 | ) | ||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (2,471,853 | ) | (609,458 | ) | (498,745 | ) | (2,824,026 | ) | (740,081 | ) | ||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | (221,156 | ) | $ | 366,243 | $ | 473,620 | $ | 478,529 | $ | 124,411 | |||||||||
The accompanying notes are an integral part of these financial statements.
230
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2025 (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 |
||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 6,975,036 | $ | 2,009,538 | $ | 285,766 | $ | 276,881 | $ | 10,610,582 | ||||||||||
| Other income | – | – | – | – | 1,035 | |||||||||||||||
| Total income | 6,975,036 | 2,009,538 | 285,766 | 276,881 | 10,611,617 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 255,929 | 75,529 | 10,240 | 8,967 | 450,416 | |||||||||||||||
| Other expenses | 216 | – | – | – | 101 | |||||||||||||||
| Total Expenses | 256,145 | 75,529 | 10,240 | 8,967 | 450,517 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 6,718,891 | 1,934,009 | 275,526 | 267,914 | 10,161,100 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | 205,855 | 58,835 | (6,125 | ) | (23,159 | ) | 2,095,458 | |||||||||||||
| Unaffiliated in-kind redemptions | 496,820 | 253,179 | 4,735 | (74,758 | ) | 503,240 | ||||||||||||||
| Net realized gain/(loss) | 702,675 | 312,014 | (1,390 | ) | (97,917 | ) | 2,598,698 | |||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | (9,651,318 | ) | 361,191 | (13,385 | ) | (374,965 | ) | (2,742,292 | ) | |||||||||||
| Foreign currency transactions | – | – | – | – | 120 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | (9,651,318 | ) | 361,191 | (13,385 | ) | (374,965 | ) | (2,742,172 | ) | |||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (8,948,643 | ) | 673,205 | (14,775 | ) | (472,882 | ) | (143,474 | ) | |||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | (2,229,752 | ) | $ | 2,607,214 | $ | 260,751 | $ | (204,968 | ) | $ | 10,017,626 | ||||||||
The accompanying notes are an integral part of these financial statements.
231
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2025 (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 | $ | 21,862,634 | $ | 13,399,323 | $ | 3,008,306 | $ | 2,305,013 | $ | 2,968,537 | ||||||||||
| Total income | 21,862,634 | 13,399,323 | 3,008,306 | 2,305,013 | 2,968,537 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 148,424 | 85,245 | 34,022 | 27,678 | 36,168 | |||||||||||||||
| Other expenses | 10,795 | – | – | 22 | – | |||||||||||||||
| Total Expenses | 159,219 | 85,245 | 34,022 | 27,700 | 36,168 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 21,703,415 | 13,314,078 | 2,974,284 | 2,277,313 | 2,932,369 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (38,559 | ) | (804,728 | ) | (80,835 | ) | (55,468 | ) | (415,136 | ) | ||||||||||
| Unaffiliated in-kind redemptions | 122,878 | 515,649 | 200,890 | (24,390 | ) | 2,886,868 | ||||||||||||||
| Net realized gain/(loss) | 84,319 | (289,079 | ) | 120,055 | (79,858 | ) | 2,471,732 | |||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | (232,092 | ) | 685,921 | 865,193 | 2,302,621 | 1,950,153 | ||||||||||||||
| Change in unrealized appreciation/(depreciation) | (232,092 | ) | 685,921 | 865,193 | 2,302,621 | 1,950,153 | ||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (147,773 | ) | 396,842 | 985,248 | 2,222,763 | 4,421,885 | ||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 21,555,642 | $ | 13,710,920 | $ | 3,959,532 | $ | 4,500,076 | $ | 7,354,254 | ||||||||||
The accompanying notes are an integral part of these financial statements.
232
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2025 (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 |
BondBloxx IR+M Tax-Aware Intermediate Duration ETF(1) |
||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 2,816,048 | $ | 7,785,655 | $ | 1,306,327 | $ | 2,873,389 | $ | 49,939 | ||||||||||
| Total income | 2,816,048 | 7,785,655 | 1,306,327 | 2,873,389 | 49,939 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 32,845 | 131,375 | 34,682 | 244,470 | 4,305 | |||||||||||||||
| Other expenses | – | 34 | – | – | – | |||||||||||||||
| Total Expenses | 32,845 | 131,409 | 34,682 | 244,470 | 4,305 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 2,783,203 | 7,654,246 | 1,271,645 | 2,628,919 | 45,634 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (100,434 | ) | (50,574 | ) | (2,176,841 | ) | 7,650 | – | ||||||||||||
| Unaffiliated in-kind redemptions | 774,357 | 3,221,550 | 75,981 | – | – | |||||||||||||||
| Net realized gain/(loss) | 673,923 | 3,170,976 | (2,100,860 | ) | 7,650 | – | ||||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 2,463,002 | 3,889 | (624,746 | ) | (283,302 | ) | (126,129 | ) | ||||||||||||
| Change in unrealized appreciation/(depreciation) | 2,463,002 | 3,889 | (624,746 | ) | (283,302 | ) | (126,129 | ) | ||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 3,136,925 | 3,174,865 | (2,725,606 | ) | (275,652 | ) | (126,129 | ) | ||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 5,920,128 | $ | 10,829,111 | $ | (1,453,961 | ) | $ | 2,353,267 | $ | (80,495 | ) | ||||||||
| (1) | Fund commenced operations on March 11, 2025. Shares of TXXI were listed on the NYSE Arca, Inc. on March 13, 2025. |
The accompanying notes are an integral part of these financial statements.
233
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended April 30, 2025 (Unaudited)
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents(1) |
BondBloxx Private Credit CLO ETF(2) |
|||||||
| INVESTMENT INCOME: | ||||||||
| Interest income | $ | 32,691 | $ | 1,810,616 | ||||
| Total income | 32,691 | 1,810,616 | ||||||
| EXPENSES: | ||||||||
| Management fees (Note 3) | 2,881 | 157,385 | ||||||
| Total Expenses | 2,881 | 157,385 | ||||||
| NET INVESTMENT INCOME/(LOSS) | 29,810 | 1,653,231 | ||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||
| Net realized gain/(loss) on: | ||||||||
| Investments in securities | – | (432 | ) | |||||
| Net realized gain/(loss) | – | (432 | ) | |||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||
| Investments in securities | (109,443 | ) | (1,103,577 | ) | ||||
| Change in unrealized appreciation/(depreciation) | (109,443 | ) | (1,103,577 | ) | ||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (109,443 | ) | (1,104,009 | ) | ||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | (79,633 | ) | $ | 549,222 | |||
| (1) | Fund commenced operations on March 11, 2025. Shares of TAXM were listed on the NYSE Arca, Inc. on March 13, 2025. | |
| (2) | Fund commenced operations on December 2, 2024. Shares of PCMM were listed on the NASDAQ Stock Market LLC on December 4, 2024. |
The accompanying notes are an integral part of these financial statements.
234
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets
| BondBloxx USD High Yield Bond Industrial Sector ETF |
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF |
|||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 2,588,517 | $ | 4,305,179 | $ | 4,427,240 | $ | 3,765,288 | ||||||||
| Net realized gain/(loss) on investments | (673,848 | ) | 1,045,907 | (276,194 | ) | (461,565 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (1,442,932 | ) | 2,191,941 | (3,080,095 | ) | 2,982,979 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 471,737 | 7,543,027 | 1,070,951 | 6,286,702 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (2,698,240 | ) | (4,150,759 | ) | (4,585,729 | ) | (3,279,475 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 7,379,120 | 64,498,700 | 17,375,125 | 77,171,915 | ||||||||||||
| Cost of shares redeemed | (32,801,763 | ) | (26,741,290 | ) | (43,990,105 | ) | (1,644,690 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (25,422,643 | ) | 37,757,410 | (26,614,980 | ) | 75,527,225 | ||||||||||
| Increase/(decrease) in net assets | (27,649,146 | ) | 41,149,678 | (30,129,758 | ) | 78,534,452 | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 81,994,132 | 40,844,454 | 107,929,225 | 29,394,773 | ||||||||||||
| End of period | $ | 54,344,986 | $ | 81,994,132 | $ | 77,799,467 | $ | 107,929,225 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 2,150,000 | 1,150,000 | 3,100,000 | 900,000 | ||||||||||||
| Shares sold | 200,000 | 1,700,000 | 500,000 | 2,250,000 | ||||||||||||
| Shares redeemed | (900,000 | ) | (700,000 | ) | (1,325,000 | ) | (50,000 | ) | ||||||||
| Shares outstanding, end of period | 1,450,000 | 2,150,000 | 2,275,000 | 3,100,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
235
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,544,204 | $ | 2,521,902 | $ | 1,950,164 | $ | 3,174,554 | ||||||||
| Net realized gain/(loss) on investments | (476,258 | ) | 1,457,182 | 264,647 | 380,192 | |||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (549,841 | ) | 1,270,042 | (1,111,992 | ) | 2,360,059 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 518,105 | 5,249,126 | 1,102,819 | 5,914,805 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,615,384 | ) | (2,329,068 | ) | (2,037,562 | ) | (3,043,682 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 845,460 | 63,690,200 | 5,503,005 | 31,621,560 | ||||||||||||
| Cost of shares redeemed | (16,882,090 | ) | (30,083,830 | ) | (22,663,690 | ) | (5,676,945 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (16,036,630 | ) | 33,606,370 | (17,160,685 | ) | 25,944,615 | ||||||||||
| Increase/(decrease) in net assets | (17,133,909 | ) | 36,526,428 | (18,095,428 | ) | 28,815,738 | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 47,514,873 | 10,988,445 | 58,221,392 | 29,405,654 | ||||||||||||
| End of period | $ | 30,380,964 | $ | 47,514,873 | $ | 40,125,964 | $ | 58,221,392 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,350,000 | 350,000 | 1,550,000 | 850,000 | ||||||||||||
| Shares sold | 25,000 | 1,850,000 | 150,000 | 850,000 | ||||||||||||
| Shares redeemed | (500,000 | ) | (850,000 | ) | (625,000 | ) | (150,000 | ) | ||||||||
| Shares outstanding, end of period | 875,000 | 1,350,000 | 1,075,000 | 1,550,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
236
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 474,679 | $ | 2,838,821 | $ | 2,250,697 | $ | 3,151,573 | ||||||||
| Net realized gain/(loss) on investments | (194,622 | ) | 1,457,116 | (813,780 | ) | 602,425 | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (505,458 | ) | 415,664 | (1,658,073 | ) | 1,251,658 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | (225,401 | ) | 4,711,601 | (221,156 | ) | 5,005,656 | ||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (479,372 | ) | (2,889,467 | ) | (2,369,099 | ) | (2,907,383 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 7,411,120 | 60,260,735 | 5,436,475 | 59,638,510 | ||||||||||||
| Cost of shares redeemed | (9,145,825 | ) | (68,923,500 | ) | (32,149,583 | ) | (13,121,760 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (1,734,705 | ) | (8,662,765 | ) | (26,713,108 | ) | 46,516,750 | |||||||||
| Increase/(decrease) in net assets | (2,439,478 | ) | (6,840,631 | ) | (29,303,363 | ) | 48,615,023 | |||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 13,674,457 | 20,515,088 | 71,330,399 | 22,715,376 | ||||||||||||
| End of period | $ | 11,234,979 | $ | 13,674,457 | $ | 42,027,036 | $ | 71,330,399 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 352,500 | 552,500 | 1,900,000 | 650,000 | ||||||||||||
| Shares sold | 200,000 | 1,550,000 | 150,000 | 1,600,000 | ||||||||||||
| Shares redeemed | (250,000 | ) | (1,750,000 | ) | (900,000 | ) | (350,000 | ) | ||||||||
| Shares outstanding, end of period | 302,500 | 352,500 | 1,150,000 | 1,900,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
237
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 |
|||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 975,701 | $ | 879,509 | $ | 972,365 | $ | 2,319,662 | ||||||||
| Net realized gain/(loss) on investments | (136,709 | ) | (32,146 | ) | 20,873 | 314,588 | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (472,749 | ) | 682,035 | (519,618 | ) | 1,506,932 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 366,243 | 1,529,398 | 473,620 | 4,141,182 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,007,652 | ) | (788,908 | ) | (974,409 | ) | (2,374,535 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 9,282,445 | 19,078,280 | 3,443,672 | 10,186,841 | ||||||||||||
| Cost of shares redeemed | (15,588,465 | ) | – | (607,752 | ) | (12,349,493 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | (6,306,020 | ) | 19,078,280 | 2,835,920 | (2,162,652 | ) | ||||||||||
| Increase/(decrease) in net assets | (6,947,429 | ) | 19,818,770 | 2,335,131 | (396,005 | ) | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 30,461,391 | 10,642,621 | 28,171,777 | 28,567,782 | ||||||||||||
| End of period | $ | 23,513,962 | $ | 30,461,391 | $ | 30,506,908 | $ | 28,171,777 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 800,000 | 300,000 | 1,860,000 | 2,010,000 | ||||||||||||
| Shares sold | 250,000 | 500,000 | 230,000 | 680,000 | ||||||||||||
| Shares redeemed | (425,000 | ) | – | (40,000 | ) | (830,000 | ) | |||||||||
| Shares outstanding, end of period | 625,000 | 800,000 | 2,050,000 | 1,860,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
238
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 3,302,555 | $ | 3,618,729 | $ | 864,492 | $ | 1,146,359 | ||||||||
| Net realized gain/(loss) on investments | (47,640 | ) | (66,191 | ) | (17,947 | ) | (124,812 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (2,776,386 | ) | 3,645,457 | (722,134 | ) | 958,463 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 478,529 | 7,197,995 | 124,411 | 1,980,010 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (2,223,365 | ) | (3,592,728 | ) | (796,069 | ) | (1,130,858 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 221,733,450 | 7,993,265 | 11,902,015 | 3,927,365 | ||||||||||||
| Net increase/(decrease) in net assets from capital transactions | 221,733,450 | 7,993,265 | 11,902,015 | 3,927,365 | ||||||||||||
| Increase/(decrease) in net assets | 219,988,614 | 11,598,532 | 11,230,357 | 4,776,517 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 60,673,309 | 49,074,777 | 17,829,725 | 13,053,208 | ||||||||||||
| End of period | $ | 280,661,923 | $ | 60,673,309 | $ | 29,060,082 | $ | 17,829,725 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,500,000 | 1,300,000 | 450,000 | 350,000 | ||||||||||||
| Shares sold | 5,500,000 | 200,000 | 300,000 | 100,000 | ||||||||||||
| Shares outstanding, end of period | 7,000,000 | 1,500,000 | 750,000 | 450,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
239
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 |
|||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Period Ended October 31, 2024(1) |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 6,718,891 | $ | 6,236,459 | $ | 1,934,009 | $ | 1,179,731 | ||||||||
| Net realized gain/(loss) on investments | 702,675 | (857,965 | ) | 312,014 | 32,225 | |||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (9,651,318 | ) | 4,123,310 | 361,191 | 486,847 | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | (2,229,752 | ) | 9,501,804 | 2,607,214 | 1,698,803 | |||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (6,531,619 | ) | (5,483,094 | ) | (1,786,226 | ) | (919,365 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 62,492,640 | 86,475,075 | 75,955,830 | 62,740,120 | ||||||||||||
| Cost of shares redeemed | (35,193,250 | ) | (5,670,525 | ) | (20,249,420 | ) | – | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 27,299,390 | 80,804,550 | 55,706,410 | 62,740,120 | ||||||||||||
| Increase/(decrease) in net assets | 18,538,019 | 84,823,260 | 56,527,398 | 63,519,558 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 104,503,669 | 19,680,409 | 63,519,558 | – | ||||||||||||
| End of period | $ | 123,041,688 | $ | 104,503,669 | $ | 120,046,956 | $ | 63,519,558 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 2,650,000 | 550,000 | 1,250,000 | – | ||||||||||||
| Shares sold | 1,600,000 | 2,250,000 | 1,500,000 | 1,250,000 | ||||||||||||
| Shares redeemed | (950,000 | ) | (150,000 | ) | (400,000 | ) | – | |||||||||
| Shares outstanding, end of period | 3,300,000 | 2,650,000 | 2,350,000 | 1,250,000 | ||||||||||||
| (1) | Fund commenced operations on January 23, 2024. Shares of BBBS were listed on the NYSE Arca, Inc. on January 25, 2024. |
The accompanying notes are an integral part of these financial statements.
240
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF |
BondBloxx BBB Rated 10+ Year Corporate Bond ETF |
|||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Period Ended October 31, 2024(1) |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Period Ended October 31, 2024(1) |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 275,526 | $ | 205,920 | $ | 267,914 | $ | 249,830 | ||||||||
| Net realized gain/(loss) on investments | (1,390 | ) | (1,872 | ) | (97,917 | ) | 6,237 | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (13,385 | ) | (9,461 | ) | (374,965 | ) | 34,561 | |||||||||
| Net increase/(decrease) in net assets resulting from operations | 260,751 | 194,587 | (204,968 | ) | 290,628 | |||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (257,075 | ) | (173,530 | ) | (276,277 | ) | (214,645 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 5,056,875 | 7,595,425 | 5,004,300 | 7,328,975 | ||||||||||||
| Cost of shares redeemed | (2,518,460 | ) | – | (4,819,965 | ) | – | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 2,538,415 | 7,595,425 | 184,335 | 7,328,975 | ||||||||||||
| Increase/(decrease) in net assets | 2,542,091 | 7,616,482 | (296,910 | ) | 7,404,958 | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 7,616,482 | – | 7,404,958 | – | ||||||||||||
| End of period | $ | 10,158,573 | $ | 7,616,482 | $ | 7,108,048 | $ | 7,404,958 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 150,000 | – | 150,000 | – | ||||||||||||
| Shares sold | 100,000 | 150,000 | 100,000 | 150,000 | ||||||||||||
| Shares redeemed | (50,000 | ) | – | (100,000 | ) | – | ||||||||||
| Shares outstanding, end of period | 200,000 | 150,000 | 150,000 | 150,000 | ||||||||||||
| (1) | Funds commenced operations on January 23, 2024. Shares of 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.
241
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 10,161,100 | $ | 13,761,220 | $ | 21,703,415 | $ | 55,509,311 | ||||||||
| Net realized gain/(loss) on investments | 2,598,698 | 1,663,979 | 84,319 | 1,111,138 | ||||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (2,742,172 | ) | 16,280,703 | (232,092 | ) | 1,135,352 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 10,017,626 | 31,705,902 | 21,555,642 | 57,755,801 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (10,165,739 | ) | (13,454,640 | ) | (21,477,173 | ) | (56,714,301 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 99,128,520 | 75,504,760 | 541,150,752 | 641,133,646 | ||||||||||||
| Cost of shares redeemed | (10,535,370 | ) | (22,318,460 | ) | (116,010,805 | ) | (839,117,347 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 88,593,150 | 53,186,300 | 425,139,947 | (197,983,701 | ) | |||||||||||
| Increase/(decrease) in net assets | 88,445,037 | 71,437,562 | 425,218,416 | (196,942,201 | ) | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 254,856,330 | 183,418,768 | 899,942,800 | 1,096,885,001 | ||||||||||||
| End of period | $ | 343,301,367 | $ | 254,856,330 | $ | 1,325,161,216 | $ | 899,942,800 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 6,050,000 | 4,750,000 | 17,870,000 | 21,810,000 | ||||||||||||
| Shares sold | 2,350,000 | 1,850,000 | 10,760,000 | 12,760,000 | ||||||||||||
| Shares redeemed | (250,000 | ) | (550,000 | ) | (2,310,000 | ) | (16,700,000 | ) | ||||||||
| Shares outstanding, end of period | 8,150,000 | 6,050,000 | 26,320,000 | 17,870,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
242
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 13,314,078 | $ | 25,616,717 | $ | 2,974,284 | $ | 5,222,465 | ||||||||
| Net realized gain/(loss) on investments | (289,079 | ) | (823,627 | ) | 120,055 | (365,491 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 685,921 | 1,992,594 | 865,193 | 1,635,022 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 13,710,920 | 26,785,684 | 3,959,532 | 6,491,996 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (13,234,822 | ) | (25,788,925 | ) | (3,092,424 | ) | (5,054,888 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 207,328,584 | 364,720,110 | 16,235,802 | 84,523,977 | ||||||||||||
| Cost of shares redeemed | (158,809,792 | ) | (359,698,756 | ) | (38,368,066 | ) | (40,461,786 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 48,518,792 | 5,021,354 | (22,132,264 | ) | 44,062,191 | |||||||||||
| Increase/(decrease) in net assets | 48,994,890 | 6,018,113 | (21,265,156 | ) | 45,499,299 | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 533,244,686 | 527,226,573 | 150,528,829 | 105,029,530 | ||||||||||||
| End of period | $ | 582,239,576 | $ | 533,244,686 | $ | 129,263,673 | $ | 150,528,829 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 10,720,000 | 10,600,000 | 3,050,000 | 2,150,000 | ||||||||||||
| Shares sold | 4,180,000 | 7,350,000 | 330,000 | 1,720,000 | ||||||||||||
| Shares redeemed | (3,200,000 | ) | (7,230,000 | ) | (780,000 | ) | (820,000 | ) | ||||||||
| Shares outstanding, end of period | 11,700,000 | 10,720,000 | 2,600,000 | 3,050,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
243
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 2,277,313 | $ | 2,335,059 | $ | 2,932,369 | $ | 3,162,261 | ||||||||
| Net realized gain/(loss) on investments | (79,858 | ) | (246,053 | ) | 2,471,732 | (431,463 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,302,621 | 371,980 | 1,950,153 | 1,008,714 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 4,500,076 | 2,460,986 | 7,354,254 | 3,739,512 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (2,112,356 | ) | (2,091,424 | ) | (2,564,846 | ) | (2,880,621 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 91,092,825 | 74,850,057 | 736,445,123 | 95,850,308 | ||||||||||||
| Cost of shares redeemed | (42,392,517 | ) | (3,414,716 | ) | (714,993,421 | ) | (11,238,815 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 48,700,308 | 71,435,341 | 21,451,702 | 84,611,493 | ||||||||||||
| Increase/(decrease) in net assets | 51,088,028 | 71,804,903 | 26,241,110 | 85,470,384 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 100,725,734 | 28,920,831 | 122,003,709 | 36,533,325 | ||||||||||||
| End of period | $ | 151,813,762 | $ | 100,725,734 | $ | 148,244,819 | $ | 122,003,709 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 2,050,000 | 600,000 | 2,510,000 | 780,000 | ||||||||||||
| Shares sold | 1,860,000 | 1,520,000 | 15,100,000 | 1,960,000 | ||||||||||||
| Shares redeemed | (870,000 | ) | (70,000 | ) | (14,620,000 | ) | (230,000 | ) | ||||||||
| Shares outstanding, end of period | 3,040,000 | 2,050,000 | 2,990,000 | 2,510,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
244
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, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 2,783,203 | $ | 4,879,225 | $ | 7,654,246 | $ | 6,749,206 | ||||||||
| Net realized gain/(loss) on investments | 673,923 | 1,581,129 | 3,170,976 | 736,813 | ||||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,463,002 | 1,725,277 | 3,889 | 3,397,988 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 5,920,128 | 8,185,631 | 10,829,111 | 10,884,007 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (2,713,814 | ) | (4,558,289 | ) | (6,572,952 | ) | (6,063,656 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 59,039,020 | 115,311,800 | 489,417,023 | 223,876,177 | ||||||||||||
| Cost of shares redeemed | (26,005,854 | ) | (62,758,450 | ) | (162,986,868 | ) | (35,263,199 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 33,033,166 | 52,553,350 | 326,430,155 | 188,612,978 | ||||||||||||
| Increase/(decrease) in net assets | 36,239,480 | 56,180,692 | 330,686,314 | 193,433,329 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 109,831,219 | 53,650,527 | 236,043,777 | 42,610,448 | ||||||||||||
| End of period | $ | 146,070,699 | $ | 109,831,219 | $ | 566,730,091 | $ | 236,043,777 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 2,320,000 | 1,190,000 | 5,100,000 | 990,000 | ||||||||||||
| Shares sold | 1,270,000 | 2,440,000 | 10,630,000 | 4,870,000 | ||||||||||||
| Shares redeemed | (550,000 | ) | (1,310,000 | ) | (3,530,000 | ) | (760,000 | ) | ||||||||
| Shares outstanding, end of period | 3,040,000 | 2,320,000 | 12,200,000 | 5,100,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
245
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF |
BondBloxx IR+M Tax-Aware Short Duration ETF |
|||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Period Ended October 31, 2024(2) |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,271,645 | $ | 1,424,676 | $ | 2,628,919 | $ | 1,549,506 | ||||||||
| Net realized gain/(loss) on investments | (2,100,860 | ) | (1,982,008 | ) | 7,650 | (79,673 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (624,746 | ) | 2,757,832 | (283,302 | ) | 348,616 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | (1,453,961 | ) | 2,200,500 | 2,353,267 | 1,818,449 | |||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,249,755 | ) | (1,309,183 | ) | (2,425,310 | ) | (1,241,375 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 21,869,441 | 45,412,326 | 61,941,801 | 105,341,747 | ||||||||||||
| Cost of shares redeemed | (10,472,894 | ) | (17,380,827 | ) | – | – | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 11,396,547 | 28,031,499 | 61,941,801 | 105,341,747 | ||||||||||||
| Increase/(decrease) in net assets | 8,692,831 | 28,922,816 | 61,869,758 | 105,918,821 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 52,012,310 | 23,089,494 | 105,918,821 | – | ||||||||||||
| End of period | $ | 60,705,141 | $ | 52,012,310 | $ | 167,788,579 | $ | 105,918,821 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,260,000 | 630,000 | 2,100,000 | – | ||||||||||||
| Shares sold | 560,000 | 1,040,000 | 1,230,000 | 2,100,000 | ||||||||||||
| Shares redeemed | (270,000 | ) | (410,000 | ) | – | – | ||||||||||
| Shares outstanding, end of period | 1,550,000 | 1,260,000 | 3,330,000 | 2,100,000 | ||||||||||||
| (2) | 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.
246
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF |
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents |
BondBloxx Private Credit CLO ETF |
||||||||||
| For
the Period Ended April 30, 2025 (Unaudited)(3) |
For
the Period Ended April 30, 2025 (Unaudited)(3) |
For
the 2025 |
||||||||||
| OPERATIONS: | ||||||||||||
| Net investment income/(loss) | $ | 45,634 | $ | 29,810 | $ | 1,653,231 | ||||||
| Net realized gain/(loss) on investments | – | – | (432 | ) | ||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (126,129 | ) | (109,443 | ) | (1,103,577 | ) | ||||||
| Net increase/(decrease) in net assets resulting from operations | (80,495 | ) | (79,633 | ) | 549,222 | |||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||
| Distributions from distributable earnings | – | – | (1,046,298 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||
| Proceeds from shares sold | 9,996,607 | 6,491,328 | 113,796,494 | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 9,996,607 | 6,491,328 | 113,796,494 | |||||||||
| Increase/(decrease) in net assets | 9,916,112 | 6,411,695 | 113,299,418 | |||||||||
| NET ASSETS: | ||||||||||||
| Beginning of period | – | – | – | |||||||||
| End of period | $ | 9,916,112 | $ | 6,411,695 | $ | 113,299,418 | ||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||
| Shares outstanding, beginning of period | – | – | – | |||||||||
| Shares sold | 200,000 | 130,000 | 2,250,000 | |||||||||
| Shares redeemed | – | – | – | |||||||||
| Shares outstanding, end of period | 200,000 | 130,000 | 2,250,000 | |||||||||
| (3) | Funds commenced operations on March 11, 2025. Shares of TXXI and TAXM were listed on the NYSE Arca, Inc. on March 13, 2025. |
| (4) | Fund commenced operations on December 2, 2024. Shares of PCMM were listed on the NASDAQ Stock Market LLC on December 4, 2024. |
The accompanying notes are an integral part of these financial statements.
247
BONDBLOXX ETF TRUST
Financial Highlights
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Industrial Sector ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 38.14 | $ | 35.52 | $ | 35.75 | $ | 39.89 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.24 | 2.67 | 2.65 | 1.55 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.66 | ) | 2.62 | (0.59 | ) | (4.25 | ) | |||||||||
| Total income/(loss) from operations | 0.58 | 5.29 | 2.06 | (2.70 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.24 | ) | (2.67 | ) | (2.29 | ) | (1.44 | ) | ||||||||
| Total distributions | (1.24 | ) | (2.67 | ) | (2.29 | ) | (1.44 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.48 | $ | 38.14 | $ | 35.52 | $ | 35.75 | ||||||||
| Market Value, end of period | $ | 37.50 | $ | 38.09 | $ | 35.60 | $ | 35.71 | ||||||||
| Total Return at Net Asset Value(3) | 1.54 | % | 15.31 | % | 5.77 | % | (6.81 | )% | ||||||||
| Total Return at Market Value(4) | 1.72 | % | 14.88 | % | 6.12 | % | (6.88 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 54.3 | $ | 82.0 | $ | 40.8 | $ | 3.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.59 | % | 7.07 | % | 7.23 | % | 5.87 | %(7) | ||||||||
| Portfolio turnover rate(6) | 12 | % | 23 | % | 21 | % | 9 | % | ||||||||
| (1) | 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 United States generally accepted accounting principles (“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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
248
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 34.82 | $ | 32.66 | $ | 34.79 | $ | 39.65 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.34 | 2.92 | 2.92 | 1.54 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.61 | ) | 2.09 | (2.60 | ) | (5.05 | ) | |||||||||
| Total income/(loss) from operations | 0.73 | 5.01 | 0.32 | (3.51 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.35 | ) | (2.85 | ) | (2.45 | ) | (1.35 | ) | ||||||||
| Total distributions | (1.35 | ) | (2.85 | ) | (2.45 | ) | (1.35 | ) | ||||||||
| Net Asset Value, end of period | $ | 34.20 | $ | 34.82 | $ | 32.66 | $ | 34.79 | ||||||||
| Market Value, end of period | $ | 34.20 | $ | 34.89 | $ | 32.77 | $ | 34.73 | ||||||||
| Total Return at Net Asset Value(3) | 2.13 | % | 16.02 | % | 0.89 | % | (8.96 | )% | ||||||||
| Total Return at Market Value(4) | 1.91 | % | 15.84 | % | 1.39 | % | (9.03 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 77.8 | $ | 107.9 | $ | 29.4 | $ | 3.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 7.85 | % | 8.53 | % | 8.60 | % | 5.93 | %(7) | ||||||||
| Portfolio turnover rate(6) | 16 | % | 28 | % | 14 | % | 13 | % | ||||||||
| (1) | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
249
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Healthcare Sector ETF |
||||||||||||||||
|
For the 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 35.20 | $ | 31.40 | $ | 32.64 | $ | 39.84 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.19 | 2.52 | 2.70 | 1.62 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.47 | ) | 3.74 | (0.94 | ) | (7.58 | ) | |||||||||
| Total income/(loss) from operations | 0.72 | 6.26 | 1.76 | (5.96 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.20 | ) | (2.46 | ) | (3.00 | ) | (1.24 | ) | ||||||||
| Total distributions | (1.20 | ) | (2.46 | ) | (3.00 | ) | (1.24 | ) | ||||||||
| Net Asset Value, end of period | $ | 34.72 | $ | 35.20 | $ | 31.40 | $ | 32.64 | ||||||||
| Market Value, end of period | $ | 34.76 | $ | 35.15 | $ | 31.49 | $ | 32.52 | ||||||||
| Total Return at Net Asset Value(3) | 2.08 | % | 20.50 | % | 5.36 | % | (15.19 | )% | ||||||||
| Total Return at Market Value(4) | 2.34 | % | 19.96 | % | 6.03 | % | (15.47 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 30.4 | $ | 47.5 | $ | 11.0 | $ | 8.2 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.92 | % | 7.20 | % | 8.23 | % | 6.39 | %(7) | ||||||||
| Portfolio turnover rate(6) | 15 | % | 22 | % | 18 | % | 37 | % | ||||||||
| (1) | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
250
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 37.56 | $ | 34.59 | $ | 34.99 | $ | 39.74 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.28 | 2.72 | 2.74 | 1.46 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.22 | ) | 2.96 | (0.70 | ) | (4.86 | ) | |||||||||
| Total income/(loss) from operations | 1.06 | 5.68 | 2.04 | (3.40 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.29 | ) | (2.71 | ) | (2.44 | ) | (1.35 | ) | ||||||||
| Total distributions | (1.29 | ) | (2.71 | ) | (2.44 | ) | (1.35 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.33 | $ | 37.56 | $ | 34.59 | $ | 34.99 | ||||||||
| Market Value, end of period | $ | 37.40 | $ | 37.47 | $ | 34.68 | $ | 34.99 | ||||||||
| Total Return at Net Asset Value(3) | 2.88 | % | 16.89 | % | 5.91 | % | (8.65 | )% | ||||||||
| Total Return at Market Value(4) | 3.31 | % | 16.29 | % | 6.17 | % | (8.72 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 40.1 | $ | 58.2 | $ | 29.4 | $ | 3.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.92 | % | 7.34 | % | 7.71 | % | 5.57 | %(7) | ||||||||
| Portfolio turnover rate(6) | 14 | % | 43 | % | 32 | % | 21 | % | ||||||||
| (1) | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
251
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Energy Sector ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 38.79 | $ | 37.13 | $ | 37.12 | $ | 39.62 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.27 | 2.64 | 2.58 | 1.62 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (1.68 | ) | 1.83 | (0.14 | ) | (2.74 | ) | |||||||||
| Total income/(loss) from operations | (0.41 | ) | 4.47 | 2.44 | (1.12 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.24 | ) | (2.81 | ) | (2.43 | ) | (1.38 | ) | ||||||||
| Total distributions | (1.24 | ) | (2.81 | ) | (2.43 | ) | (1.38 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.14 | $ | 38.79 | $ | 37.13 | $ | 37.12 | ||||||||
| Market Value, end of period | $ | 37.26 | $ | 38.79 | $ | 37.23 | $ | 36.97 | ||||||||
| Total Return at Net Asset Value(3) | (1.14 | )% | 12.32 | % | 6.73 | % | (2.84 | )% | ||||||||
| Total Return at Market Value(4) | (0.82 | )% | 11.99 | % | 7.43 | % | (3.19 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 11.2 | $ | 13.7 | $ | 20.5 | $ | 7.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.61 | % | 6.77 | % | 6.85 | % | 6.03 | %(7) | ||||||||
| Portfolio turnover rate(6) | 11 | % | 41 | % | 37 | % | 21 | % | ||||||||
| (1) | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
252
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 37.54 | $ | 34.95 | $ | 34.63 | $ | 39.87 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.23 | 2.59 | 2.70 | 1.57 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.98 | ) | 2.55 | 0.02 | (5.49 | ) | ||||||||||
| Total income/(loss) from operations | 0.25 | 5.14 | 2.72 | (3.92 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.24 | ) | (2.55 | ) | (2.40 | ) | (1.32 | ) | ||||||||
| Total distributions | (1.24 | ) | (2.55 | ) | (2.40 | ) | (1.32 | ) | ||||||||
| Net Asset Value, end of period | $ | 36.55 | $ | 37.54 | $ | 34.95 | $ | 34.63 | ||||||||
| Market Value, end of period | $ | 36.57 | $ | 37.47 | $ | 35.03 | $ | 34.45 | ||||||||
| Total Return at Net Asset Value(3) | 0.64 | % | 15.09 | % | 7.98 | % | (9.96 | )% | ||||||||
| Total Return at Market Value(4) | 0.88 | % | 14.60 | % | 8.77 | % | (10.54 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 42.0 | $ | 71.3 | $ | 22.7 | $ | 6.9 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.67 | % | 6.92 | % | 7.53 | % | 6.05 | %(7) | ||||||||
| Portfolio turnover rate(6) | 16 | % | 37 | % | 24 | % | 12 | % | ||||||||
| (1) | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
253
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(1) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 38.08 | $ | 35.48 | $ | 35.66 | $ | 39.80 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.16 | 2.45 | 2.31 | 1.44 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.46 | ) | 2.58 | (0.40 | ) | (4.33 | ) | |||||||||
| Total income/(loss) from operations | 0.70 | 5.03 | 1.91 | (2.89 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.16 | ) | (2.43 | ) | (2.09 | ) | (1.25 | ) | ||||||||
| Total distributions | (1.16 | ) | (2.43 | ) | (2.09 | ) | (1.25 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.62 | $ | 38.08 | $ | 35.48 | $ | 35.66 | ||||||||
| Market Value, end of period | $ | 37.63 | $ | 38.09 | $ | 35.62 | $ | 35.62 | ||||||||
| Total Return at Net Asset Value(3) | 1.88 | % | 14.54 | % | 5.40 | % | (7.32 | )% | ||||||||
| Total Return at Market Value(4) | 1.88 | % | 14.10 | % | 5.92 | % | (7.55 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 23.5 | $ | 30.5 | $ | 10.6 | $ | 5.3 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.21 | % | 6.49 | % | 6.34 | % | 5.47 | %(7) | ||||||||
| Portfolio turnover rate(6) | 12 | % | 34 | % | 15 | % | 25 | % | ||||||||
| (1) | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. |
The accompanying notes are an integral part of these financial statements.
254
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Sector Rotation ETF(8) |
||||||||||||||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Period Ended October 31, 2023(9) |
For
the Year Ended June 30, 2023 |
For
the Year Ended June 30, 2022 |
For
the Year Ended June 30, 2021 |
For
the Year Ended June 30, 2020 |
||||||||||||||||||||||
| Net Asset Value, beginning of period | $ | 15.15 | $ | 14.21 | $ | 14.62 | $ | 14.68 | $ | 16.15 | $ | 15.72 | $ | 17.55 | ||||||||||||||
| Income/(loss) from operations: | ||||||||||||||||||||||||||||
| Net investment income/(loss)(2) | 0.50 | 1.06 | 0.28 | 1.06 | 0.43 | 0.43 | 0.71 | |||||||||||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.27 | ) | 0.97 | (0.44 | ) | 0.00 | (10) | (1.38 | ) | 0.36 | (1.85 | ) | ||||||||||||||||
| Total income/(loss) from operations | 0.23 | 2.03 | (0.16 | ) | 1.06 | (0.95 | ) | 0.79 | (1.14 | ) | ||||||||||||||||||
| Distributions to shareholders: | ||||||||||||||||||||||||||||
| Net investment income | (0.50 | ) | (1.09 | ) | (0.25 | ) | (1.09 | ) | (0.52 | ) | (0.36 | ) | (0.67 | ) | ||||||||||||||
| Return of capital | – | – | – | (0.03 | ) | (0.00 | )(10) | – | (0.02 | ) | ||||||||||||||||||
| Total distributions | (0.50 | ) | (1.09 | ) | (0.25 | ) | (1.12 | ) | (0.52 | ) | (0.36 | ) | (0.69 | ) | ||||||||||||||
| Net Asset Value, end of period | $ | 14.88 | $ | 15.15 | $ | 14.21 | $ | 14.62 | $ | 14.68 | $ | 16.15 | $ | 15.72 | ||||||||||||||
| Market Value, end of period | $ | 14.87 | $ | 15.17 | $ | 14.16 | $ | 14.66 | $ | 14.72 | $ | 16.14 | $ | 15.75 | ||||||||||||||
| Total Return at Net Asset Value(3) | 1.54 | % | 14.75 | % | (1.14 | )% | 7.44 | % | (6.07 | )% | 5.08 | % | (6.69 | )% | ||||||||||||||
| Total Return at Market Value(4) | 1.34 | % | 15.31 | % | (1.70 | )% | 7.44 | % | (5.76 | )% | 4.82 | % | (6.45 | )% | ||||||||||||||
| Net Assets, end of period (millions) | $ | 30.5 | $ | 28.2 | $ | 28.6 | $ | 26.3 | $ | 33.8 | $ | 43.6 | $ | 77.0 | ||||||||||||||
| Ratios to average net assets: | ||||||||||||||||||||||||||||
| Gross operating expenses | 1.13 | % | 0.75 | %(11) | 0.90 | %(7)(11) | 1.31 | % | 0.76 | % | 1.36 | % | 1.12 | % | ||||||||||||||
| Excluded from Expense Cap - Expedited settlement facility fees | – | % | – | % | – | % | – | % | 0.01 | % | 0.11 | % | 0.19 | % | ||||||||||||||
| Total operating expenses (net of waiver/reimbursement, if applicable, but gross of all other operating expenses) | 0.20 | %(11) | 0.20 | %(11) | 0.41 | %(7)(11) | 0.55 | % | 0.56 | % | 0.66 | % | 0.75 | % | ||||||||||||||
| Net investment income/(loss)(5) | 6.63 | % | 7.13 | % | 5.80 | %(7) | 7.18 | % | 2.73 | % | 2.68 | % | 4.13 | % | ||||||||||||||
| Portfolio turnover rate(6) | 5 | % | 25 | % | 107 | %(12) | 123 | % | 157 | % | 215 | % | 344 | % | ||||||||||||||
| (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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. | |
| (8) | 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 ETF 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. | |
| (9) | Fiscal year end changed from June 30, 2023 to October 31, 2023. | |
| (10) | Amount represents less than $0.005 per share. | |
| (11) | Does not include expenses of the investment companies in which the fund invests. | |
| (12) | 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.
255
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx BB Rated USD High Yield Corporate Bond ETF |
||||||||||||||||
|
For the 2025 |
For the 2024 |
For the 2023 |
For
the 2022(13) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 40.45 | $ | 37.75 | $ | 38.53 | $ | 40.17 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.24 | 2.57 | 2.48 | 1.04 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.49 | ) | 2.69 | (0.82 | ) | (1.87 | ) | |||||||||
| Total income/(loss) from operations | 0.75 | 5.26 | 1.66 | (0.83 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.11 | ) | (2.56 | ) | (2.44 | ) | (0.81 | ) | ||||||||
| Total distributions | (1.11 | ) | (2.56 | ) | (2.44 | ) | (0.81 | ) | ||||||||
| Net Asset Value, end of period | $ | 40.09 | $ | 40.45 | $ | 37.75 | $ | 38.53 | ||||||||
| Market Value, end of period | $ | 40.14 | $ | 40.53 | $ | 37.86 | $ | 38.47 | ||||||||
| Total Return at Net Asset Value(3) | 1.86 | % | 14.26 | % | 4.33 | % | (2.07 | )% | ||||||||
| Total Return at Market Value(4) | 1.78 | % | 14.13 | % | 4.78 | % | (5.57 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 280.7 | $ | 60.7 | $ | 49.1 | $ | 42.4 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.20 | % | 0.20 | % | 0.20 | % | 0.20 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.17 | % | 6.42 | % | 6.40 | % | 6.03 | %(7) | ||||||||
| Portfolio turnover rate(6) | 14 | % | 39 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (13) | 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.
256
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx B Rated USD High Yield Corporate Bond ETF |
||||||||||||||||
|
For the 2025 |
For the 2024 |
For the 2023 |
For
the 2022(13) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 39.62 | $ | 37.29 | $ | 38.39 | $ | 40.08 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.44 | 3.08 | 3.13 | 1.35 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.94 | ) | 2.34 | (1.11 | ) | (1.94 | ) | |||||||||
| Total income/(loss) from operations | 0.50 | 5.42 | 2.02 | (0.59 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.37 | ) | (3.09 | ) | (3.12 | ) | (1.10 | ) | ||||||||
| Total distributions | (1.37 | ) | (3.09 | ) | (3.12 | ) | (1.10 | ) | ||||||||
| Net Asset Value, end of period | $ | 38.75 | $ | 39.62 | $ | 37.29 | $ | 38.39 | ||||||||
| Market Value, end of period | $ | 38.80 | $ | 39.66 | $ | 37.39 | $ | 38.33 | ||||||||
| Total Return at Net Asset Value(3) | 1.25 | % | 14.98 | % | 5.35 | % | (1.45 | )% | ||||||||
| Total Return at Market Value(4) | 1.27 | % | 14.76 | % | 5.77 | % | (5.16 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 29.1 | $ | 17.8 | $ | 13.1 | $ | 11.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.30 | % | 0.30 | % | 0.30 | % | 0.30 | %(7) | ||||||||
| Net investment income/(loss)(5) | 7.38 | % | 7.84 | % | 8.15 | % | 7.87 | %(7) | ||||||||
| Portfolio turnover rate(6) | 17 | % | 55 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (13) | 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.
257
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For the Period Ended October 31, 2022(13) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 39.44 | $ | 35.78 | $ | 37.50 | $ | 40.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.02 | 4.44 | 4.56 | 1.99 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (2.18 | ) | 3.42 | (1.77 | ) | (3.01 | ) | |||||||||
| Total income/(loss) from operations | (0.16 | ) | 7.86 | 2.79 | (1.02 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.99 | ) | (4.20 | ) | (4.51 | ) | (1.48 | ) | ||||||||
| Total distributions | (1.99 | ) | (4.20 | ) | (4.51 | ) | (1.48 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.29 | $ | 39.44 | $ | 35.78 | $ | 37.50 | ||||||||
| Market Value, end of period | $ | 37.39 | $ | 39.49 | $ | 35.83 | $ | 37.45 | ||||||||
| Total Return at Net Asset Value(3) | (0.51 | )% | 23.14 | % | 7.66 | % | (2.59 | )% | ||||||||
| Total Return at Market Value(4) | (0.38 | )% | 23.07 | % | 7.91 | % | (5.63 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 123.0 | $ | 104.5 | $ | 19.7 | $ | 11.2 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.40 | % | 0.40 | % | 0.40 | % | 0.40 | %(7) | ||||||||
| Net investment income/(loss)(5) | 10.49 | % | 11.57 | % | 12.21 | % | 11.58 | %(7) | ||||||||
| Portfolio turnover rate(6) | 22 | % | 49 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (13) | 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.
258
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF |
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF |
|||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For the Period Ended October 31, 2024(14) |
For
the Six Months Ended April 30, 2025 (Unaudited) |
For the Period Ended October 31, 2024(14) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 50.82 | $ | 50.15 | $ | 50.78 | $ | 50.02 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.23 | 2.00 | 1.28 | 1.98 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.24 | 0.21 | (0.03 | ) | 0.46 | |||||||||||
| Total income/(loss) from operations | 1.47 | 2.21 | 1.25 | 2.44 | ||||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.21 | ) | (1.54 | ) | (1.24 | ) | (1.68 | ) | ||||||||
| Total distributions | (1.21 | ) | (1.54 | ) | (1.24 | ) | (1.68 | ) | ||||||||
| Net Asset Value, end of period | $ | 51.08 | $ | 50.82 | $ | 50.79 | $ | 50.78 | ||||||||
| Market Value, end of period | $ | 51.07 | $ | 50.83 | $ | 50.74 | $ | 50.72 | ||||||||
| Total Return at Net Asset Value(3) | 2.93 | % | 4.47 | % | 2.49 | % | 4.96 | % | ||||||||
| Total Return at Market Value(4) | 2.89 | % | 4.31 | % | 2.52 | % | 4.48 | % | ||||||||
| Net Assets, end of period (millions) | $ | 120.0 | $ | 63.5 | $ | 10.2 | $ | 7.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.19 | % | 0.19 | %(7) | 0.19 | % | 0.19 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.87 | % | 5.07 | %(7) | 5.11 | % | 5.03 | %(7) | ||||||||
| Portfolio turnover rate(6) | 18 | % | 21 | % | 23 | % | 27 | % | ||||||||
| (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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. | |
| (14) | Funds commenced operations on January 23, 2024. Shares of BBBS and BBBI were listed on the NYSE Arca, Inc. on January 25, 2024. |
The accompanying notes are an integral part of these financial statements.
259
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF |
||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For the Period Ended October 31, 2024(14) |
|||||||
| Net Asset Value, beginning of period | $ | 49.37 | $ | 49.54 | ||||
| Income/(loss) from operations: | ||||||||
| Net investment income/(loss)(2) | 1.36 | 2.15 | ||||||
| Net realized and unrealized gain/ (loss) on investments | (1.94 | ) | (0.52 | ) | ||||
| Total income/(loss) from operations | (0.58 | ) | 1.63 | |||||
| Distributions to shareholders: | ||||||||
| Net investment income | (1.40 | ) | (1.80 | ) | ||||
| Total distributions | (1.40 | ) | (1.80 | ) | ||||
| Net Asset Value, end of period | $ | 47.39 | $ | 49.37 | ||||
| Market Value, end of period | $ | 47.36 | $ | 49.26 | ||||
| Total Return at Net Asset Value(3) | (1.22 | )% | 3.37 | % | ||||
| Total Return at Market Value(4) | (1.06 | )% | 2.50 | % | ||||
| Net Assets, end of period (millions) | $ | 7.1 | $ | 7.4 | ||||
| Ratios to average net assets: | ||||||||
| Expenses | 0.19 | % | 0.19 | %(7) | ||||
| Net investment income/(loss)(5) | 5.68 | % | 5.56 | %(7) | ||||
| Portfolio turnover rate(6) | 14 | % | 25 | % | ||||
| (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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. | |
| (14) | Fund commenced operations on January 23, 2024. Shares of BBBL were listed on the NYSE Arca, Inc. on January 25, 2024. |
The accompanying notes are an integral part of these financial statements.
260
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF |
||||||||||||||||
|
For the Six Months Ended April 30, 2025 (Unaudited) |
For the Year Ended October 31, 2024 |
For the Year Ended October 31, |
For the Period Ended October 31, |
|||||||||||||
| Net Asset Value, beginning of period | $ | 42.13 | $ | 38.61 | $ | 37.91 | $ | 40.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.37 | 2.60 | 2.52 | 0.83 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.02 | 3.50 | 0.68 | (2.32 | ) | |||||||||||
| Total income/(loss) from operations | 1.39 | 6.10 | 3.20 | (1.49 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.40 | ) | (2.58 | ) | (2.50 | ) | (0.60 | ) | ||||||||
| Total distributions | (1.40 | ) | (2.58 | ) | (2.50 | ) | (0.60 | ) | ||||||||
| Net Asset Value, end of period | $ | 42.12 | $ | 42.13 | $ | 38.61 | $ | 37.91 | ||||||||
| Market Value, end of period | $ | 42.18 | $ | 42.14 | $ | 38.61 | $ | 37.67 | ||||||||
| Total Return at Net Asset Value(3) | 3.34 | % | 16.21 | % | 8.50 | % | (3.78 | )% | ||||||||
| Total Return at Market Value(4) | 3.46 | % | 16.22 | % | 9.17 | % | (4.32 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 343.3 | $ | 254.9 | $ | 183.4 | $ | 168.7 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.29 | % | 0.29 | % | 0.29 | % | 0.29 | %(7) | ||||||||
| Net investment income/(loss)(5) | 6.54 | % | 6.31 | % | 6.37 | % | 6.09 | %(7) | ||||||||
| Portfolio turnover rate(6) | 15 | % | 22 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (15) | 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.
261
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF |
||||||||||||||||
|
For the |
For the 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 50.36 | $ | 50.29 | $ | 50.09 | $ | 50.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.10 | 2.55 | 2.53 | 0.25 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.01 | ) | 0.10 | (0.30 | ) | (0.16 | ) | |||||||||
| Total income/(loss) from operations | 1.09 | 2.65 | 2.23 | 0.09 | ||||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.10 | ) | (2.58 | ) | (2.03 | ) | – | |||||||||
| Total distributions | (1.10 | ) | (2.58 | ) | (2.03 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 50.35 | $ | 50.36 | $ | 50.29 | $ | 50.09 | ||||||||
| Market Value, end of period | $ | 50.34 | $ | 50.36 | $ | 50.31 | $ | 50.13 | ||||||||
| Total Return at Net Asset Value(3) | 2.19 | % | 5.41 | % | 4.55 | % | 0.18 | % | ||||||||
| Total Return at Market Value(4) | 2.17 | % | 5.36 | % | 4.50 | % | 0.22 | % | ||||||||
| Net Assets, end of period (millions) | $ | 1,325.2 | $ | 899.9 | $ | 1,096.9 | $ | 50.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.03 | % | 0.03 | % | 0.03 | % | 0.03 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.39 | % | 5.09 | % | 5.02 | % | 3.53 | %(7) | ||||||||
| Portfolio turnover rate(6) | 38 | % | – | % | – | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (6) | 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. | |
| (7) | Annualized. | |
| (16) | 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.
262
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF |
||||||||||||||||
|
For the Six Months
Ended |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 49.74 | $ | 49.74 | $ | 49.90 | $ | 50.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.15 | 2.59 | 2.51 | 0.27 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.03 | 0.08 | (0.56 | ) | (0.37 | ) | ||||||||||
| Total income/(loss) from operations | 1.18 | 2.67 | 1.95 | (0.10 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.16 | ) | (2.67 | ) | (2.11 | ) | – | |||||||||
| Total distributions | (1.16 | ) | (2.67 | ) | (2.11 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.76 | $ | 49.74 | $ | 49.74 | $ | 49.90 | ||||||||
| Market Value, end of period | $ | 49.78 | $ | 49.74 | $ | 49.76 | $ | 49.91 | ||||||||
| Total Return at Net Asset Value(3) | 2.41 | % | 5.52 | % | 4.01 | % | (0.20 | )% | ||||||||
| Total Return at Market Value(4) | 2.45 | % | 5.47 | % | 4.02 | % | (0.14 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 582.2 | $ | 533.2 | $ | 527.2 | $ | 39.4 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.03 | % | 0.03 | % | 0.03 | % | 0.03 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.69 | % | 5.23 | % | 5.00 | % | 3.83 | %(7) | ||||||||
| Portfolio turnover rate(6) | 29 | % | 66 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
263
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For the October 31, 2024 |
For
the Year Ended October 31, 2023 |
For the October 31, |
|||||||||||||
| Net Asset Value, beginning of period | $ | 49.35 | $ | 48.85 | $ | 49.49 | $ | 49.94 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.07 | 2.23 | 2.09 | 0.26 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.42 | 0.54 | (0.75 | ) | (0.71 | ) | ||||||||||
| Total income/(loss) from operations | 1.49 | 2.77 | 1.34 | (0.45 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.12 | ) | (2.27 | ) | (1.98 | ) | – | |||||||||
| Total distributions | (1.12 | ) | (2.27 | ) | (1.98 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.72 | $ | 49.35 | $ | 48.85 | $ | 49.49 | ||||||||
| Market Value, end of period | $ | 49.72 | $ | 49.37 | $ | 48.87 | $ | 49.48 | ||||||||
| Total Return at Net Asset Value(3) | 3.06 | % | 5.79 | % | 2.76 | % | (0.90 | )% | ||||||||
| Total Return at Market Value(4) | 3.02 | % | 5.79 | % | 2.82 | % | (0.74 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 129.3 | $ | 150.5 | $ | 105.0 | $ | 36.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.37 | % | 4.53 | % | 4.21 | % | 3.74 | %(7) | ||||||||
| Portfolio turnover rate(6) | 26 | % | 66 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
264
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 49.13 | $ | 48.20 | $ | 49.14 | $ | 49.86 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.01 | 2.16 | 1.99 | 0.28 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.76 | 0.83 | (0.92 | ) | (1.00 | ) | ||||||||||
| Total income/(loss) from operations | 1.77 | 2.99 | 1.07 | (0.72 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.96 | ) | (2.06 | ) | (2.01 | ) | – | |||||||||
| Total distributions | (0.96 | ) | (2.06 | ) | (2.01 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.94 | $ | 49.13 | $ | 48.20 | $ | 49.14 | ||||||||
| Market Value, end of period | $ | 49.95 | $ | 49.11 | $ | 48.21 | $ | 49.12 | ||||||||
| Total Return at Net Asset Value(3) | 3.65 | % | 6.30 | % | 2.18 | % | (1.44 | )% | ||||||||
| Total Return at Market Value(4) | 3.72 | % | 6.24 | % | 2.24 | % | (1.25 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 151.8 | $ | 100.7 | $ | 28.9 | $ | 20.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.11 | % | 4.39 | % | 4.05 | % | 3.99 | %(7) | ||||||||
| Portfolio turnover rate(6) | 28 | % | 72 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
265
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 48.61 | $ | 46.84 | $ | 48.40 | $ | 49.77 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 0.93 | 1.97 | 1.83 | 0.24 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 1.03 | 1.68 | (1.56 | ) | (1.61 | ) | ||||||||||
| Total income/(loss) from operations | 1.96 | 3.65 | 0.27 | (1.37 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.99 | ) | (1.88 | ) | (1.83 | ) | – | |||||||||
| Total distributions | (0.99 | ) | (1.88 | ) | (1.83 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.58 | $ | 48.61 | $ | 46.84 | $ | 48.40 | ||||||||
| Market Value, end of period | $ | 49.59 | $ | 48.62 | $ | 46.86 | $ | 48.36 | ||||||||
| Total Return at Net Asset Value(3) | 4.10 | % | 7.88 | % | 0.46 | % | (2.75 | )% | ||||||||
| Total Return at Market Value(4) | 4.10 | % | 7.85 | % | 0.59 | % | (2.50 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 148.2 | $ | 122.0 | $ | 36.5 | $ | 20.3 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.06 | % | 4.03 | % | 3.73 | % | 3.49 | %(7) | ||||||||
| Portfolio turnover rate(6) | 41 | % | 95 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
266
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 47.34 | $ | 45.08 | $ | 47.75 | $ | 49.70 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 0.99 | 2.00 | 1.77 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.70 | 2.10 | (2.66 | ) | (2.18 | ) | ||||||||||
| Total income/(loss) from operations | 1.69 | 4.10 | (0.89 | ) | (1.95 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.98 | ) | (1.84 | ) | (1.78 | ) | – | |||||||||
| Total distributions | (0.98 | ) | (1.84 | ) | (1.78 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 48.05 | $ | 47.34 | $ | 45.08 | $ | 47.75 | ||||||||
| Market Value, end of period | $ | 48.04 | $ | 47.32 | $ | 45.13 | $ | 47.68 | ||||||||
| Total Return at Net Asset Value(3) | 3.64 | % | 9.15 | % | (2.04 | )% | (3.92 | )% | ||||||||
| Total Return at Market Value(4) | 3.66 | % | 8.98 | % | (1.79 | )% | (3.75 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 146.1 | $ | 109.8 | $ | 53.7 | $ | 20.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.23 | % | 4.21 | % | 3.65 | % | 3.45 | %(7) | ||||||||
| Portfolio turnover rate(6) | 29 | % | 71 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
267
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 46.28 | $ | 43.04 | $ | 46.67 | $ | 49.74 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.00 | 1.98 | 1.81 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.08 | 3.11 | (3.64 | ) | (3.30 | ) | ||||||||||
| Total income/(loss) from operations | 1.08 | 5.09 | (1.83 | ) | (3.07 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.91 | ) | (1.85 | ) | (1.80 | ) | – | |||||||||
| Total distributions | (0.91 | ) | (1.85 | ) | (1.80 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 46.45 | $ | 46.28 | $ | 43.04 | $ | 46.67 | ||||||||
| Market Value, end of period | $ | 46.45 | $ | 46.27 | $ | 43.09 | $ | 46.60 | ||||||||
| Total Return at Net Asset Value(3) | 2.37 | % | 11.91 | % | (4.23 | )% | (6.17 | )% | ||||||||
| Total Return at Market Value(4) | 2.39 | % | 11.76 | % | (3.98 | )% | (6.03 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 566.7 | $ | 236.0 | $ | 42.6 | $ | 20.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.075 | % | 0.075 | % | 0.075 | % | 0.075 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.37 | % | 4.22 | % | 3.82 | % | 3.44 | %(7) | ||||||||
| Portfolio turnover rate(6) | 15 | % | 40 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
268
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
|
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF |
||||||||||||||||
| For
the Six Months Ended April 30, 2025 (Unaudited) |
For
the Year Ended October 31, 2024 |
For
the 2023 |
For
the 2022(16) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 41.28 | $ | 36.65 | $ | 43.65 | $ | 49.78 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 0.90 | 1.81 | 1.74 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (2.13 | ) | 4.61 | (6.98 | ) | (6.36 | ) | |||||||||
| Total income/(loss) from operations | (1.23 | ) | 6.42 | (5.24 | ) | (6.13 | ) | |||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (0.89 | ) | (1.79 | ) | (1.76 | ) | – | |||||||||
| Total distributions | (0.89 | ) | (1.79 | ) | (1.76 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 39.16 | $ | 41.28 | $ | 36.65 | $ | 43.65 | ||||||||
| Market Value, end of period | $ | 39.13 | $ | 41.23 | $ | 36.74 | $ | 43.62 | ||||||||
| Total Return at Net Asset Value(3) | (3.01 | )% | 17.56 | % | (12.73 | )% | (12.31 | )% | ||||||||
| Total Return at Market Value(4) | (2.98 | )% | 17.13 | % | (12.45 | )% | (12.66 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 60.7 | $ | 52.0 | $ | 23.1 | $ | 21.4 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.125 | % | 0.125 | % | 0.125 | % | 0.125 | %(7) | ||||||||
| Net investment income/(loss)(5) | 4.58 | % | 4.25 | % | 3.81 | % | 3.54 | %(7) | ||||||||
| Portfolio turnover rate(6) | 58 | % | 151 | % | 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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (16) | 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.
269
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
|
BondBloxx |
BondBloxx ETF |
BondBloxx IR+M |
BondBloxx Private Credit CLO ETF |
|||||||||||||||||
|
For the Six
Months Ended |
For
the Period Ended October 31, 2024(17) |
For
the Period Ended April 30, 2025 (Unaudited)(18) |
For
the Period Ended April 30, 2025 (Unaudited)(18) |
For
the Period Ended April 30, 2025 (Unaudited)(19) |
||||||||||||||||
| Net Asset Value, beginning of period | $ | 50.44 | $ | 50.00 | $ | 50.00 | $ | 50.00 | $ | 50.00 | ||||||||||
| Income/(loss) from operations: | ||||||||||||||||||||
| Net investment income/(loss)(2) | 0.94 | 1.21 | 0.26 | 0.25 | 1.50 | |||||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.09 | ) | 0.15 | (0.68 | ) | (0.93 | ) | (0.23 | ) | |||||||||||
| Total income/(loss) from operations | 0.85 | 1.36 | (0.42 | ) | (0.68 | ) | 1.27 | |||||||||||||
| Distributions to shareholders: | ||||||||||||||||||||
| Net investment income | (0.90 | ) | (0.92 | ) | – | – | (0.91 | ) | ||||||||||||
| Total distributions | (0.90 | ) | (0.92 | ) | – | – | (0.91 | ) | ||||||||||||
| Net Asset Value, end of period | $ | 50.39 | $ | 50.44 | $ | 49.58 | $ | 49.32 | $ | 50.36 | ||||||||||
| Market Value, end of period | $ | 50.47 | $ | 50.44 | $ | 49.69 | $ | 49.41 | $ | 50.75 | ||||||||||
| Total Return at Net Asset Value(3) | 1.69 | % | 2.75 | % | (0.84 | )% | (1.36 | )% | 2.54 | % | ||||||||||
| Total Return at Market Value(4) | 1.69 | % | 2.93 | % | (0.46 | )% | (0.86 | )% | 2.71 | % | ||||||||||
| Net Assets, end of period (millions) | $ | 167.8 | $ | 105.9 | $ | 9.9 | $ | 6.4 | $ | 113.3 | ||||||||||
| Ratios to average net assets: | ||||||||||||||||||||
| Expenses | 0.35 | % | 0.35 | %(7) | 0.35 | % | 0.35 | % | 0.68 | % | ||||||||||
| Net investment income/(loss)(5) | 3.76 | % | 3.73 | %(7) | 3.71 | % | 3.62 | % | 7.14 | % | ||||||||||
| Portfolio turnover rate(6) | 5 | % | 18 | % | – | % | – | % | 0 | %(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 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) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (6) | 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. |
| (7) | Annualized. |
| (17) | Fund commenced operations on March 12, 2024. Shares of TAXX were listed on the NYSE Arca, Inc. on March 14, 2024. |
| (18) | Funds commenced operations on March 11, 2025. Shares of TXXI and TAXM were listed on the NYSE Arca, Inc. on March 13, 2025. |
| (19) | Fund commenced operations on December 2, 2024. Shares of PCMM were listed on the NASDAQ Stock Market LLC on December 4, 2024. |
| (20) | Amount represents less than 0.5%. |
The accompanying notes are an integral part of these financial statements.
270
BONDBLOXX ETF TRUST
Notes to the Financial Statements
April 30, 2025 (Unaudited)
1. ORGANIZATION
The BondBloxx ETF Trust (the “Trust”) is a Delaware statutory trust organized on August 20, 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-seven separate active 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, BondBloxx IR+M Tax-Aware Short Duration ETF, BondBloxx IR+M Tax-Aware Intermediate Duration ETF, BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents and BondBloxx Private Credit CLO ETF (each, a “Fund” and collectively, the “Funds”). Each series operates as an exchange-traded fund (“ETF”). BondBloxx USD High Yield Bond Healthcare 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 Private Credit CLO ETF are classified as “non-diversified” and BondBloxx USD High Yield Bond Industrial Sector ETF, BondBloxx USD High Yield Bond Telecom, Media & Technology 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 IR+M Tax-Aware Short Duration ETF, BondBloxx IR+M Tax-Aware Intermediate Duration ETF and BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents are classified as “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 |
271
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
| Fund Name | Actual Index | Commencement
of Operations | ||
| 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 | N/A | 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 | ||
| 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 23, 2024 | ||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | Bloomberg US Corporate BBB 5-10 Year Index | January 23, 2024 | ||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | Bloomberg US Corporate BBB 10+ Year Index | January 23, 2024 | ||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | JP 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 Six Month Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | Bloomberg US Treasury One Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | Bloomberg US Treasury Two Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | Bloomberg US Treasury Three Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | Bloomberg US Treasury Five Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | Bloomberg US Treasury Seven Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | Bloomberg US Treasury Ten Year Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | Bloomberg US Treasury Twenty Year Duration Index | September 13, 2022 |
272
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
| Fund Name | Actual Index | Commencement
of Operations | ||
| BondBloxx IR+M Tax-Aware Short Duration ETF | N/A | March 12, 2024 | ||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | N/A | March 11, 2025 | ||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | N/A | March 11, 2025 | ||
| BondBloxx Private Credit CLO ETF | N/A | December 2, 2024 |
| * | Represents the date the Predecessor ETF 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 a trade date basis. The specific identification method is used for determining realized gains or losses for financial statements and income tax purposes. Interest income is recognized on an accrual basis. Discounts and premiums on securities purchased are accreted and amortized using the effective yield method and included in interest income. Securities purchased or sold on a when-issued or delayed-delivery basis may be settled beyond a standard settlement period for the security after the trade date.
Foreign Currency Translation
The market values of foreign securities, currency holdings and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based on the current exchange rates each business day. Purchases and sales of securities and income and expense items denominated in foreign currencies, if any, are translated into U.S. dollars at the exchange rate in effect on the transaction date. The Funds do not separately report the effects of changes in foreign exchange rates from changes in market prices on securities held. Such changes are included in net realized gain (loss) and net change in unrealized appreciation (depreciation) from investments on the Statements of Operations. The Funds may invest in foreign currency-denominated securities and may engage in foreign currency transactions either on a spot (cash) basis at the rate prevailing in the currency exchange market at the time or through a forward foreign currency contract. Realized foreign exchange gains (losses) arising from sales of spot foreign currencies, currency gains (losses) realized between the trade and settlement dates on securities transactions and the difference between the recorded amounts of dividends, interest, and foreign withholding taxes and the U.S. dollar equivalent of the amounts actually received or paid are included in net realized gain (loss) on foreign currency transactions on the Statements of Operations. Net unrealized foreign exchange gains (losses) arising from changes in foreign exchange rates on foreign denominated assets and liabilities other than investments in securities held at the end of the reporting period are included in net change in unrealized appreciation (depreciation) on foreign currency transactions on the Statements of Operations.
273
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
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.
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 2a-5 under the 1940 Act.
Each Fund values fixed-income portfolio securities at the midpoint between the bid and ask prices, or at current market price quotations provided by dealers, or at prices (including evaluated prices) supplied by the Fund’s approved independent third-party pricing services, each in accordance with valuation policies and procedures approved by the Board. Pricing services may use matrix pricing or valuation models that utilize certain inputs and assumptions to derive values. Pricing services generally value fixed-income securities assuming orderly transactions of an institutional round lot size, but the Fund may hold or transact in such securities in smaller odd lot sizes. Odd lots often trade at lower prices than institutional round lots. An amortized cost method of valuation may be used with respect to debt obligations with sixty days or less remaining to maturity unless BIM determines in good faith that such method does not represent fair value.
Shares of underlying ETFs are valued at their most recent closing price on an exchange.
Generally, trading in non-U.S. securities and money market instruments is substantially completed each day at various times prior to the close of business on the NYSE. The values of such securities used in computing the NAV of the Fund are determined as of such times.
When market quotations are not readily available or are believed by BIM to be unreliable, each Fund’s investments are valued at fair value. Fair value determinations are made by BIM in accordance with policies and procedures approved by the Board. BIM may conclude that a market quotation is not readily available or is unreliable if a security or other asset or liability does not have a price source due to its lack of trading or other reasons, if a market quotation differs significantly from recent
274
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
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. |
| ■ | 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, 2025:
BondBloxx USD High Yield Bond Industrial Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 53,256,894 | $ | – | $ | 53,256,894 | ||||||||
| Time Deposits | – | 667,238 | – | 667,238 | ||||||||||||
| Total Investments | $ | – | $ | 53,924,132 | $ | – | $ | 53,924,132 | ||||||||
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Common Stocks | $ | 130 | $ | – | $ | – | $ | 130 | ||||||||
| Corporate Bonds | – | 75,544,149 | – | 75,544,149 | ||||||||||||
| Time Deposits | – | 879,882 | – | 879,882 | ||||||||||||
| Total Investments | $ | 130 | $ | 76,424,031 | $ | – | $ | 76,424,161 | ||||||||
275
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Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
BondBloxx USD High Yield Bond Healthcare Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 29,743,118 | $ | – | $ | 29,743,118 | ||||||||
| Time Deposits | – | 590,515 | – | 590,515 | ||||||||||||
| Total Investments | $ | – | $ | 30,333,633 | $ | – | $ | 30,333,633 | ||||||||
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 39,205,266 | $ | – | $ | 39,205,266 | ||||||||
| Time Deposits | – | 152,130 | – | 152,130 | ||||||||||||
| Total Investments | $ | – | $ | 39,357,396 | $ | – | $ | 39,357,396 | ||||||||
BondBloxx USD High Yield Bond Energy Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 10,959,627 | $ | – | $ | 10,959,627 | ||||||||
| Time Deposits | – | 433,814 | – | 433,814 | ||||||||||||
| Total Investments | $ | – | $ | 11,393,441 | $ | – | $ | 11,393,441 | ||||||||
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 41,362,118 | $ | – | $ | 41,362,118 | ||||||||
| Time Deposits | – | 193,170 | – | 193,170 | ||||||||||||
| Total Investments | $ | – | $ | 41,555,288 | $ | – | $ | 41,555,288 | ||||||||
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 23,040,576 | $ | – | $ | 23,040,576 | ||||||||
| Time Deposits | – | 112,021 | – | 112,021 | ||||||||||||
| Total Investments | $ | – | $ | 23,152,597 | $ | – | $ | 23,152,597 | ||||||||
BondBloxx USD High Yield Bond Sector Rotation ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Exchange-Traded Funds | $ | 30,477,324 | $ | – | $ | – | $ | 30,477,324 | ||||||||
| Time Deposits | – | 68,688 | – | 68,688 | ||||||||||||
| Total Investments | $ | 30,477,324 | $ | 68,688 | $ | – | $ | 30,546,012 | ||||||||
BondBloxx BB Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 275,458,569 | $ | – | $ | 275,458,569 | ||||||||
| Time Deposits | – | 2,018,838 | – | 2,018,838 | ||||||||||||
| Total Investments | $ | – | $ | 277,477,407 | $ | – | $ | 277,477,407 | ||||||||
276
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
BondBloxx B Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 28,436,369 | $ | – | $ | 28,436,369 | ||||||||
| Time Deposits | – | 342,682 | – | 342,682 | ||||||||||||
| Total Investments | $ | – | $ | 28,779,051 | $ | – | $ | 28,779,051 | ||||||||
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Common Stocks | $ | 644 | $ | – | $ | – | $ | 644 | ||||||||
| Corporate Bonds | – | 119,524,113 | – | 119,524,113 | ||||||||||||
| Time Deposits | – | 1,361,330 | – | 1,361,330 | ||||||||||||
| Total Investments | $ | 644 | $ | 120,885,443 | $ | – | $ | 120,886,087 | ||||||||
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 118,208,576 | $ | – | $ | 118,208,576 | ||||||||
| Time Deposits | – | 346,432 | – | 346,432 | ||||||||||||
| Total Investments | $ | – | $ | 118,555,008 | $ | – | $ | 118,555,008 | ||||||||
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 9,988,576 | $ | – | $ | 9,988,576 | ||||||||
| Time Deposits | – | 34,643 | – | 34,643 | ||||||||||||
| Total Investments | $ | – | $ | 10,023,219 | $ | – | $ | 10,023,219 | ||||||||
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 6,982,662 | $ | – | $ | 6,982,662 | ||||||||
| Time Deposits | – | 20,585 | – | 20,585 | ||||||||||||
| Total Investments | $ | – | $ | 7,003,247 | $ | – | $ | 7,003,247 | ||||||||
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 40,607,303 | $ | – | $ | 40,607,303 | ||||||||
| Government Agencies and Obligations | – | 298,127,341 | – | 298,127,341 | ||||||||||||
| Time Deposits | – | 1,854,042 | – | 1,854,042 | ||||||||||||
| Total Investments | $ | – | $ | 340,588,686 | $ | – | $ | 340,588,686 | ||||||||
277
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 1,324,649,594 | $ | – | $ | 1,324,649,594 | ||||||||
| Time Deposits | – | 525,897 | – | 525,897 | ||||||||||||
| Total Investments | $ | – | $ | 1,325,175,491 | $ | – | $ | 1,325,175,491 | ||||||||
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 575,633,880 | $ | – | $ | 575,633,880 | ||||||||
| Time Deposits | – | 1,918,027 | – | 1,918,027 | ||||||||||||
| Total Investments | $ | – | $ | 577,551,907 | $ | – | $ | 577,551,907 | ||||||||
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 127,968,232 | $ | – | $ | 127,968,232 | ||||||||
| Time Deposits | – | 605,408 | – | 605,408 | ||||||||||||
| Total Investments | $ | – | $ | 128,573,640 | $ | – | $ | 128,573,640 | ||||||||
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 150,238,296 | $ | – | $ | 150,238,296 | ||||||||
| Time Deposits | – | 321,948 | – | 321,948 | ||||||||||||
| Total Investments | $ | – | $ | 150,560,244 | $ | – | $ | 150,560,244 | ||||||||
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 146,103,543 | $ | – | $ | 146,103,543 | ||||||||
| Time Deposits | – | 440,742 | – | 440,742 | ||||||||||||
| Total Investments | $ | – | $ | 146,544,285 | $ | – | $ | 146,544,285 | ||||||||
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 143,846,997 | $ | – | $ | 143,846,997 | ||||||||
| Time Deposits | – | 119,197 | – | 119,197 | ||||||||||||
| Total Investments | $ | – | $ | 143,966,194 | $ | – | $ | 143,966,194 | ||||||||
278
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 556,607,360 | $ | – | $ | 556,607,360 | ||||||||
| Time Deposits | – | 985,071 | – | 985,071 | ||||||||||||
| Total Investments | $ | – | $ | 557,592,431 | $ | – | $ | 557,592,431 | ||||||||
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 59,981,007 | $ | – | $ | 59,981,007 | ||||||||
| Time Deposits | – | 150,680 | – | 150,680 | ||||||||||||
| Total Investments | $ | – | $ | 60,131,687 | $ | – | $ | 60,131,687 | ||||||||
BondBloxx IR+M Tax-Aware Short Duration ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 14,016,880 | $ | – | $ | 14,016,880 | ||||||||
| Collateralized Mortgage Obligations | – | 14,167,382 | – | 14,167,382 | ||||||||||||
| Corporate Bonds | – | 24,140,157 | – | 24,140,157 | ||||||||||||
| Municipal Bonds | – | 112,727,551 | – | 112,727,551 | ||||||||||||
| Time Deposits | – | 2,489,099 | – | 2,489,099 | ||||||||||||
| Total Investments | $ | – | $ | 167,541,069 | $ | – | $ | 167,541,069 | ||||||||
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 354,094 | $ | – | $ | 354,094 | ||||||||
| Collateralized Mortgage Obligations | – | 712,570 | – | 712,570 | ||||||||||||
| Corporate Bonds | – | 1,090,338 | – | 1,090,338 | ||||||||||||
| Municipal Bonds | – | 7,584,480 | – | 7,584,480 | ||||||||||||
| Time Deposits | – | 66,243 | – | 66,243 | ||||||||||||
| Total Investments | $ | – | $ | 9,807,725 | $ | – | $ | 9,807,725 | ||||||||
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 312,780 | $ | – | $ | 312,780 | ||||||||
| Collateralized Mortgage Obligations | – | 359,886 | – | 359,886 | ||||||||||||
| Corporate Bonds | – | 745,148 | – | 745,148 | ||||||||||||
| Municipal Bonds | – | 4,885,559 | – | 4,885,559 | ||||||||||||
| Time Deposits | – | 35,171 | – | 35,171 | ||||||||||||
| Total Investments | $ | – | $ | 6,338,544 | $ | – | $ | 6,338,544 | ||||||||
279
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
BondBloxx Private Credit CLO ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 108,425,581 | $ | – | $ | 108,425,581 | ||||||||
| Time Deposits | – | 4,438,370 | – | 4,438,370 | ||||||||||||
| Total Investments | $ | – | $ | 112,863,951 | $ | – | $ | 112,863,951 | ||||||||
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, 2025, 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.
280
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
FNMA and FHLMC issue Uniform Mortgage Backed Securities in place of their separate offerings of TBA-eligible securities (the “Single Security Initiative”). The Single Security Initiative seeks to support the overall liquidity of the TBA market and to align the characteristics of FNMA and FHLMC certificates. The Single Security Initiative was launched in June 2019, and as of this time, the long-term effects it may have on the market for TBA and other mortgage-backed securities remains uncertain.
Roll-timing strategies can be used where a Fund seeks to extend the expiration or maturity of a position, such as a TBA security on an underlying asset, by closing out the position before expiration and opening a new position with respect to substantially the same underlying asset with a later expiration date. TBA securities purchased or sold are reflected on the Statements of Assets and Liabilities as an asset or liability, respectively. Recently finalized FINRA rules include mandatory margin requirements for the TBA market that require the Funds to post collateral in connection with their TBA transactions. There is no similar requirement applicable to the Funds’ TBA counterparties. The required collateralization of TBA trades could increase the cost of TBA transactions to the Funds and impose added operational complexity.
Separate Trading of Registered Interest and Principal of Securities (“STRIPS”) are U.S. Treasury fixed income securities in which the principal is separated, or stripped, from the interest and each takes the form of zero coupon securities. A STRIP is sold at a significant discount to face value and offers no interest payments; rather, investors receive payment at maturity. Zero coupon securities do not distribute interest on a current basis and tend to be subject to greater risk than interest-paying securities.
Defaulted Securities
Certain Funds may hold defaulted securities or other securities which were placed in non-accrual status as the collection of a portion or all of the interest has been deemed to be uncollectible. Debt obligations may be placed on non-accrual status and the related interest income, amortization or accretion may be reduced or stopped entirely. Additionally, current income accruals and interest receivables may be written off when it becomes probable that the interest will not be collected, and the amount of uncollectible interest can be reasonably estimated. A debt obligation is removed from non-accrual status when the issuer resumes interest payments or when collectability of interest is probable.
Time Deposits
The Funds place excess cash balances into overnight time deposits with one or more eligible deposit institutions that meet credit and risk standards approved by the Funds. These are classified as short-term investments in the Funds’ Portfolio of Investments.
Reclassification
GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or the NAV per Share.
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.
281
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
3. INVESTMENT ADVISORY AND OTHER AGREEMENTS
Investment Adviser
The Adviser furnishes investment management services to the Funds pursuant to an Investment Advisory Agreement with the Trust’s Board on behalf of each Fund, subject to the supervision and direction of the Board. The Adviser is registered with the SEC as an investment adviser under the Investment Advisers Act of 1940, as amended, as of date of these financial statements.
Pursuant to the Investment Advisory Agreement between BIM and the Trust (entered into on behalf of each Fund other than HYSA), BIM is responsible for substantially all expenses of the Funds, except the management fees, interest expenses, taxes, expenses incurred with respect to the acquisition and disposition of portfolio securities and the execution of portfolio transactions, including brokerage commissions, distribution fees or expenses, litigation expenses and any extraordinary expenses (as determined by a majority of the Trustees who are not “interested persons” of the Trust). With respect to HYSA, the Fund pays the adviser a fee based on a percentage of the Fund’s average daily net assets at the annual rate of 0.45%. Pursuant to an expenses limitation agreement with BIM, BIM has contractually agreed to waive fees and/or reimburse operating expenses (other than interest, brokerage, taxes, extraordinary expenses and non-affiliated acquired fund fees and expenses) so that the ratio of HYSA’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. Affiliated acquired fund fees incurred by HYSA are also waived by BIM in addition to the expense limitation on Fund expenses. During the period ended April 30, 2025, BIM waived $84,181 of expenses, which includes $51,198 of affiliated acquired fund fees. Affiliated acquired fund fees are not recoupable by 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, 2025, 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% |
282
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
| Fund | Management Fee | |
| 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% | |
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 0.35% | |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 0.35% | |
| BondBloxx Private Credit CLO ETF | 0.68% |
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 to the sub-advisory agreement with Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, Delaware acted as sub-adviser to HYSA. BIM compensated Delaware for its sub-advisory services out of its management fee. The agreement was terminated by mutual consent as of June 1, 2025.
Pursuant to the sub-advisory agreement with Income Research + Management (“IR+M” or “Sub-Adviser”), a Massachusetts Business Trust, IR+M acts as sub-adviser to TAXX, TXXI and TAXM (the “Tax-Aware Funds”). IR+M is responsible for the day-to-day portfolio management of the Tax-Aware Funds 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 to each Tax-Aware Fund, 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.
283
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (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., Cboe BZX or NASDAQ Stock Market LLC (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. These cash deposits may earn interest which may be used to offset certain expenses paid by BIM. 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, U.S. government securities and short-term investments) for the period ended April 30, 2025 were as follows:
| Purchases | Sales | |||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 9,558,409 | $ | 10,145,311 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 17,198,971 | 18,536,836 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 6,722,539 | 7,237,292 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 7,988,621 | 8,474,411 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 1,569,840 | 1,620,134 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 10,502,768 | 10,726,022 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 3,854,409 | 3,636,070 | ||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 1,540,257 | 1,552,375 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 21,836,294 | 17,140,649 | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 4,162,121 | 4,003,312 | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 29,752,673 | 27,978,509 | ||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 14,863,847 | 14,457,856 | ||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 2,426,349 | 2,415,835 | ||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 1,264,127 | 1,297,354 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 49,596,884 | 47,108,023 | ||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 72,545,896 | 6,738,206 | ||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 9,885,311 | – | ||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 6,423,129 | – | ||||||
| BondBloxx Private Credit CLO ETF | 110,272,818 | 100,675 | ||||||
284
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
The cost of purchases and the proceeds from sales of U.S. government securities (excluding in-kind subscriptions and redemptions, investment securities and short-term investments) for the period ended April 30, 2025 were as follows:
| Purchases | Sales | |||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | $ | 262,510,667 | $ | 164,331,622 | ||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 34,340,212 | 35,565,630 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 31,770,796 | 32,233,111 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 53,062,653 | 54,121,570 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 38,645,427 | 39,051,530 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 55,708,194 | 58,176,983 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 32,728,603 | 33,094,268 | ||||||
For the period ended April 30, 2025, 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 | $ | 7,070,297 | $ | 31,607,582 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 16,498,509 | 42,193,636 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 800,468 | 16,347,615 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 5,380,432 | 21,958,467 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 7,155,353 | 8,748,126 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 5,330,187 | 31,514,262 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 9,035,768 | 15,334,134 | ||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 3,440,652 | 607,262 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 215,593,437 | – | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 11,491,842 | – | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 57,692,585 | 34,091,488 | ||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 74,642,751 | 19,965,514 | ||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 4,951,593 | 2,487,054 | ||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 4,942,019 | 4,719,549 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 96,365,050 | 9,742,660 | ||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 542,101,981 | 118,458,989 | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 205,478,326 | 157,326,570 | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 16,070,038 | 37,976,587 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 90,309,738 | 42,038,534 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 729,567,844 | 708,012,886 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 58,383,538 | 25,743,307 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 483,433,605 | 161,260,696 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 21,656,593 | 10,366,318 | ||||||
285
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
6. AFFILIATE TRANSACTIONS
Investments in issuers considered to be affiliates of the fund during the period ended April 30, 2025 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, 2024 |
Purchases | Realized Gain (Loss) on Investment Securities |
Change
in Unrealized Appreciation (Depreciation) of Investment Securities |
Sales | Value as
of April 30, 2025 |
Dividends | Shares as of April 30, 2025 |
||||||||||||||||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | $ | 3,560,158 | $ | 912,926 | $ | (568 | ) | $ | (100,620 | ) | $ | (187,036 | ) | $ | 4,184,860 | $ | 132,576 | 114,438 | ||||||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 2,508,764 | 540,818 | 695 | (32,621 | ) | (187,316 | ) | 2,830,340 | 84,192 | 75,225 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 2,829,791 | 412,600 | (1,676 | ) | (108,376 | ) | (305,609 | ) | 2,826,730 | 89,787 | 75,865 | |||||||||||||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 3,949,306 | 632,698 | 3,904 | (8,419 | ) | (224,054 | ) | 4,353,435 | 141,404 | 116,402 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 2,791,909 | 370,964 | 14,201 | (37,619 | ) | (720,041 | ) | 2,419,414 | 81,195 | 69,611 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | 6,792,204 | 990,424 | 2,331 | (109,030 | ) | (317,027 | ) | 7,358,902 | 231,066 | 196,240 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 5,722,665 | 1,120,479 | 1,987 | (122,933 | ) | (218,555 | ) | 6,503,643 | 240,023 | 190,165 | ||||||||||||||||||||||
| $ | 28,154,797 | $ | 4,980,909 | $ | 20,874 | $ | (519,618 | ) | $ | (2,159,638 | ) | $ | 30,477,324 | $ | 1,000,243 | 837,946 | ||||||||||||||||
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, 2025, the Funds did not incur any interest or penalties.
286
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
At April 30, 2025, the cost of investments and net unrealized appreciation (depreciation) for federal income tax purposes was as follows:
| Cost | Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation (Depreciation) |
|||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 54,916,723 | $ | 168,068 | $ | (1,160,659 | ) | $ | (992,591 | ) | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 77,960,496 | 544,699 | (2,081,034 | ) | (1,536,335 | ) | ||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 30,430,901 | 225,139 | (322,407 | ) | (97,268 | ) | ||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 39,062,477 | 573,068 | (278,149 | ) | 294,919 | |||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 11,971,844 | 10,696 | (589,099 | ) | (578,403 | ) | ||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 42,673,914 | 151,755 | (1,270,381 | ) | (1,118,626 | ) | ||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 23,475,397 | 92,901 | (415,701 | ) | (322,800 | ) | ||||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 30,352,328 | 267,304 | (73,620 | ) | 193,684 | |||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 279,020,839 | 1,053,579 | (2,597,011 | ) | (1,543,432 | ) | ||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 29,158,221 | 316,397 | (695,567 | ) | (379,170 | ) | ||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 127,533,453 | 903,811 | (7,551,177 | ) | (6,647,366 | ) | ||||||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 117,706,970 | 927,416 | (79,378 | ) | 848,038 | |||||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 10,046,065 | 54,094 | (76,940 | ) | (22,846 | ) | ||||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 7,343,651 | 5,647 | (346,051 | ) | (340,404 | ) | ||||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 332,500,969 | 11,146,920 | (3,059,203 | ) | 8,087,717 | |||||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1,324,698,539 | 575,675 | (98,723 | ) | 476,952 | |||||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 576,153,219 | 1,450,814 | (52,126 | ) | 1,398,688 | |||||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 127,303,513 | 1,273,448 | (3,321 | ) | 1,270,127 | |||||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 148,462,265 | 2,098,178 | (199 | ) | 2,097,979 | |||||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 145,116,425 | 1,432,167 | (4,307 | ) | 1,427,860 | |||||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 141,944,892 | 2,095,325 | (74,023 | ) | 2,021,302 | |||||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 557,298,969 | 2,908,339 | (2,614,877 | ) | 293,462 | |||||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 62,933,113 | 121,263 | (2,922,689 | ) | (2,801,426 | ) | ||||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 167,475,755 | 592,228 | (526,914 | ) | 65,314 | |||||||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 9,933,854 | 6,920 | (133,049 | ) | (126,129 | ) | ||||||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 6,447,987 | 7,015 | (116,458 | ) | (109,443 | ) | ||||||||||
| BondBloxx Private Credit CLO ETF | 113,967,528 | 7,618 | (1,111,195 | ) | (1,103,577 | ) | ||||||||||
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.
287
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
At October 31, 2024, 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.
As of October 31, 2024, the Funds had the following net capital loss carryforwards remaining:
| Short-Term | Long-Term | Total Amount | ||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 75,223 | $ | 118,879 | $ | 194,102 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 281,570 | 279,549 | 561,119 | |||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 424,378 | 115,171 | 539,549 | |||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 115,710 | 93,768 | 209,478 | |||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 9,876 | 150,412 | 160,288 | |||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 94,042 | 116,854 | 210,896 | |||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 47,001 | 55,762 | 102,763 | |||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 31,496,616 | 27,746,039 | 59,242,655 | |||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 599,583 | 203,992 | 803,575 | |||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 230,611 | 136,018 | 366,629 | |||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 1,109,389 | 369,069 | 1,478,458 | |||||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | – | – | – | |||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 1,787 | – | 1,787 | |||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | – | – | – | |||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 419,976 | 83,845 | 503,821 | |||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 927,937 | 2,574 | 930,511 | |||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 3,363,835 | 34,577 | 3,398,412 | |||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 868,868 | 431,639 | 1,300,507 | |||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 511,548 | 165,551 | 677,099 | |||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 1,046,336 | 454,501 | 1,500,837 | |||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 670,418 | 648,071 | 1,318,489 | |||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 1,266,815 | 774,650 | 2,041,465 | |||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 3,914,178 | 1,352,999 | 5,267,177 | |||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 81,517 | – | 81,517 | |||||||||
During the year ended October 31, 2024, the following Funds utilized capital loss carryforwards:
| Short-Term | Long-Term | Total Amount | ||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | $ | 98,047 | $ | – | $ | 98,047 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 16,644 | 10,977 | 27,621 | |||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 42,447 | – | 42,447 | |||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 33,105 | – | 33,105 | |||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 13,692 | – | 13,692 | |||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 412,255 | 117,547 | 529,802 | |||||||||
288
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
8. RELATED PARTIES
At April 30, 2025, 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 Bond Risk. Bonds that are rated below investment-grade (sometimes referred to as“junk bonds,” which may include those bonds rated at or below “BBB-” by one or more of the major ratings agencies), 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
289
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (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 Securities 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 Securities 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. The Tax-Aware Funds may have substantial taxable gains and returns may be similar to a fund that is not tax managed. 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 U.S. federal income tax, the Fund may invest in municipal securities subject to the U.S. federal alternative minimum tax on individuals. For tax years beginning after December 31, 2022, interest on the bonds may affect the U.S. federal corporate alternative minimum tax for certain corporations. Accordingly, investment in the Fund could cause shareholders to be subject to the U.S. 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,
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Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
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. The U.S. government and the U.S. Federal Reserve, as well as certain foreign governments and central banks, have from time to time taken steps to support financial markets. The U.S. government and the U.S. Federal Reserve may, conversely, reduce market support activities, including by taking action intended to increase certain interest rates. This and other government intervention may not work as intended, particularly if the efforts are perceived by investors as being unlikely to achieve the desired results. Changes in government activities in this regard, such as changes in interest rate policy, can negatively affect financial markets generally, increase market volatility and reduce the value and liquidity of securities in which the Fund invests.
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 and/or other assets 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 (Sector Rotation Fund). The Adviser receives advisory fees from XHYI, XHYT, XHYH, XHYF, XHYE, XHYC, XHYD, XBB, XB, and XCCC (each, an “Underlying Fund”). 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.
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BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
Investment in the Underlying Funds Risk (Sector Rotation Fund). The Fund invests a substantial portion of its assets in the Underlying Funds. Accordingly, the Fund’s investment performance is 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.
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 Registered Investment Company Risk. The Fund may invest in shares of other investment companies and ETFs. 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 registered 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,
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BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
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.
Commercial Mortgage-Backed Securities (“CMBS”) Risk. 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. A majority of 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.
Russian Invasion of Ukraine Risk. 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, including declines in its stock markets and the value of the ruble against the U.S. dollar 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, boycotts or changes in consumer or purchaser preferences, sanctions, tariffs or cyberattacks on Russian entities or individuals, including politicians, 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.
Segment Reporting. The Funds adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures (“ASU 2023-07”) during the period. Adoption of the new standard impacted financial statement disclosures only and did not affect the Fund’s financial position or its results of operations. The intent of ASU 2023-07 is to enable investors to better understand an entity’s overall performance and to assess its potential future cash flows through improved segment disclosures. Subject to the oversight and, when applicable, approval of the Board, the Funds’ Manager acts as the Funds’ chief operating decision maker (“CODM”) and is responsible for assessing performance and making decisions about resource allocation. The CODM has determined that the Fund has a single operating segment based on the fact that the CODM monitors the operating results of the Funds as a whole and the
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BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
April 30, 2025 (Unaudited)
Funds’ long-term strategic asset allocation is determined in accordance with the terms of the prospectus, based on a defined investment strategy which is executed by the Funds’ portfolio managers as a team. The financial information provided to and reviewed by the CODM is consistent with that presented in the Funds’ financial statements.
Income Taxes. In December 2023, the FASB issued ASU 2023-09 Income Taxes (Topic 740) Improvements to Income Tax Disclosures (“ASU 2023-09”). The amendments were issued to enhance the transparency and decision usefulness of income tax disclosures primarily related to rate reconciliation and income taxes paid information. The amendments are effective for annual periods beginning after December 15, 2024, with early adoption permitted. The Fund expects that the adoption of the amendments will not have a material impact on its financial statements.
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BONDBLOXX ETF TRUST
Supplemental Information (Unaudited)
Quarterly Portfolio Schedule. BondBloxx ETF Trust files their complete schedules of portfolio holdings with the SEC for the first and third quarters of each fiscal year to date on Form N-PORT. The Forms N-PORT will be available on the SEC’s website at www.sec.gov. In addition, the Funds’ full portfolio holdings are updated daily and available on the Funds’ website at https://bondbloxxetf.com/.
Proxy Voting Policy. Information with respect to how proxies relating to the Funds’ portfolio securities were voted during the 12-month period ended June 30 will be available: (i) without charge, upon request, by calling (800) 896-5089 or through the Funds’ website at https://bondbloxxetf.com/; and (ii) on the SEC’s website at www.sec.gov.
Proxy Voting Record. BIM, as an adviser to a 1940 Act Funds, is required to comply with Rule 30b1-4 under the 1940 Act (the “Proxy Rule”), that requires investment companies to file annual report Form N-PX. The adviser must provide the Fund Administrator with the voting records in order to comply with this filing. On an annual basis, following the end of the 12-month period ending June 30, the Adviser will furnish to the Trust’s administrator a full record detailing all how the Adviser voted all Trust proxies for the prior 12-month period.
Premium/Discount Information. Information about the difference between daily market values on the secondary market for shares of the Funds in BondBloxx ETF Trust and such Funds’ net asset value can be found on our website, https://bondbloxxetf.com/.
Code of Ethics. The Trust and the Adviser have each adopted codes of ethics pursuant to Rule 17j-1 of the 1940 Act. Each code of ethics may be examined at the office of the SEC in Washington, D.C. or on the Internet at the SEC’s website at www.sec.gov.
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BONDBLOXX ETF TRUST
Board
Approval and Renewal of Investment Advisory and
Investment Sub-Advisory
Agreements (Unaudited)
Under Section 15(c) of the Investment Company Act of 1940, as amended (the “1940 Act”), the 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 18, 2024 (the “November Meeting”), the Board, including a majority of the Independent Trustees, voted to approve the entering into of the Advisory Agreement with respect to the BondBloxx Private Credit CLO ETF (the “CLO Fund”) (the “CLO Fund Advisory Agreement”) for an initial two-year period. In determining whether to approve the entering into of the CLO 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 CLO Fund Advisory Agreement was in the best interests of the CLO Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the proposed entering into of the CLO 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 CLO Fund Advisory Agreement.
Also at the November Meeting, the 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, the BondBloxx USD High Yield Bond Sector Rotation 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”) each for an additional one-year period. 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 26, 2025 (the “February Meeting”), the 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 Intermediate Duration ETF (the “Tax-Aware Intermediate Duration Fund”) (the “Tax-Aware Intermediate Duration Fund Advisory Agreement”) for an initial two-year period. In determining whether to approve the entering into of the Tax-Aware Intermediate Duration 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 Intermediate Duration Fund Advisory Agreement was in the best interests of the Tax-Aware Intermediate Duration Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the proposed entering into of the Tax-Aware Intermediate Duration
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BONDBLOXX ETF TRUST
Board
Approval and Renewal of Investment Advisory and
Investment Sub-Advisory
Agreements (Unaudited) (Continued)
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 Intermediate Duration Fund Advisory Agreement.
New Advisory Agreements
In approving the CLO Fund Advisory Agreement and the Tax-Aware Intermediate Duration Fund Advisory Agreement (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 each Fund by the Adviser; (2) the Adviser’s proposed compensation under the New Advisory Agreements; (3) the estimated expenses of each Fund; (4) the estimated costs of services to be provided to each Fund and the anticipated profits to be realized by the Adviser from its management of each Fund; (5) the potential for economies of scale and the sharing of any economies of scale with each Fund’s 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 each Fund. 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 by the Adviser. 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. The Board noted that the CLO Fund’s sub-adviser and the Tax-Aware Intermediate Duration Fund’s sub-adviser will be responsible for managing the day-to-day investment operations of each Fund, respectively, and the Adviser will be responsible for administering the CLO Fund and the Tax-Aware Intermediate 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 CLO Fund and the Tax-Aware Intermediate Duration 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 the Adviser’s portfolio manager to each Fund. The Board considered that the CLO Fund’s sub-adviser and the Tax-Aware Intermediate Duration Fund’s sub-adviser will also each employ one or more portfolio managers to manage the day-to-day investment operations of 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
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BONDBLOXX ETF TRUST
Board
Approval and Renewal of Investment Advisory and
Investment Sub-Advisory
Agreements (Unaudited) (Continued)
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.
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.
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, including the compensation payable to the Adviser under the New 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, each for an initial two-year period.
Existing Advisory Agreements
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 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 by the Adviser. 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 certain 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.
298
BONDBLOXX ETF TRUST
Board
Approval and Renewal of Investment Advisory and
Investment Sub-Advisory
Agreements (Unaudited) (Continued)
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 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 that, while the Funds were not currently profitable, the Adviser had sufficient financial resources to support the Funds. 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.
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, although the Funds were not currently profitable, 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 renewal of the Existing Advisory Agreements, including the compensation payable to the Adviser under 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 renewal of the Existing Advisory Agreements for an additional one-year period.
New Sub-Advisory Agreements
Pursuant to an exemption obtained by the Trust and the Adviser, the Adviser is permitted, on behalf of the Funds and subject to the approval of the Board, including a majority of the Independent Trustees, to hire, and to modify any existing or future sub-advisory agreement with, unaffiliated sub-advisers and affiliated sub-advisers. The Adviser has the ultimate responsibility for overseeing the Funds’ sub-advisers and recommending their hiring, termination and replacement, subject to oversight by the Board. The exemption also contains relief from certain disclosure obligations with regard to sub-advisory fees. The exemption does not apply to the Investment Sub-Advisory Agreement between the Adviser and Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust (“MIMBT”) with respect to the BondBloxx USD High Yield Bond Sector Rotation ETF (the “Sector Rotation Fund”).
Also at the November 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 MIMBT, with respect to the CLO Fund for an initial two-year period (the “CLO Fund Sub-Advisory Agreement”). In determining whether to approve the entering into of the CLO Fund Sub-Advisory Agreement, the Adviser and MIMBT furnished information necessary for a majority of the Independent Trustees to make the determination that the entering into of the CLO Fund Sub-Advisory Agreement was in the best interests of the CLO Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the proposed
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entering into of the CLO Fund 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 CLO Fund Sub-Advisory Agreement.
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,” and, together with MIMBT, the “Sub-Advisers”) with respect to the Tax-Aware Intermediate Duration Fund for an initial two-year period (the “Tax-Aware Intermediate Duration Fund Sub-Advisory Agreement”). In determining whether to approve the entering into of the Tax-Aware Intermediate Duration Fund 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 Tax-Aware Intermediate Duration Fund Sub-Advisory Agreement was in the best interests of the Tax-Aware Intermediate Duration Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the proposed entering into of the Tax-Aware Intermediate Duration Fund 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 Tax-Aware Intermediate Duration Fund Sub-Advisory Agreement.
In approving the CLO Fund Sub-Advisory Agreement and the Tax-Aware Intermediate Duration Fund Sub-Advisory Agreement (collectively, the “New Sub-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 CLO Fund by MIMBT and the Tax-Aware Intermediate Duration Fund by IR+M; (2) MIMBT’s and IR+M’s proposed compensation under the New Sub-Advisory Agreements; (3) the estimated expenses of the CLO Fund by MIMBT and of the Tax-Aware Intermediate Duration Fund by IR+M; (4) the estimated costs of services to be provided to the CLO Fund by MIMBT and to the Tax-Aware Intermediate Duration Fund by IR+M and the anticipated profits to be realized by MIMBT and IR+M from their management of the CLO Fund and the Tax-Aware Intermediate Duration Fund, respectively; (5) the potential for economies of scale and the sharing of any economies of scale with each Fund’s shareholders; (6) the fees paid by and services provided to comparable ETFs; and (7) other potential benefits to the MIMBT and IR+M from their relationships with the CLO Fund and the Tax-Aware Intermediate Duration Fund, respectively. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the New Sub-Advisory Agreements are discussed below.
Nature, Extent and Quality of Services to be Provided by the Sub-Advisers. In considering the nature, extent and quality of the services to be provided by MIMBT and IR+M under the New Sub-Advisory Agreements, the Board reviewed information provided by MIMBT and IR+M relating to each Sub-Adviser’s operations and personnel. The Board considered the level and depth of knowledge and professional experience and qualifications of each Sub-Adviser’s personnel. The Board also took into account the systems and resources that MIMBT and IR+M intended to devote to investment management and legal and compliance services. The Board noted that MIMBT and IR+M will be responsible for managing the day-to-day investment operations of the CLO Fund and the Tax-Aware Intermediate Duration Fund, respectively, and the Adviser will be responsible for administering the CLO Fund and the Tax-Aware Intermediate 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 CLO Fund by MIMBT and the Tax-Aware Intermediate Duration Fund by IR+M under the New Sub-Advisory Agreements.
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 CLO Fund and the Tax-Aware Intermediate Duration Fund. In addition, the Board considered each Sub-Adviser’s investment philosophy and portfolio construction process and the systems and tools MIMBT and IR+M expect to use in managing the CLO Fund and the Tax-Aware Intermediate Duration Fund, respectively, in accordance with each Fund’s respective investment objectives and investment strategies. Based on the foregoing, the Board concluded that MIMBT and IR+M are qualified to manage the CLO Fund and the Tax-Aware Intermediate Duration Fund’s assets, respectively, in accordance with each Fund’s investment objective and investment strategies.
Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation payable to MIMBT and IR+M under the New Sub-Advisory Agreements and the estimated expense ratios of each of the CLO Fund and the Tax-Aware Intermediate Duration Fund. The Board took into account that under the New Sub-Advisory Agreements,
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each Sub-Adviser will bear all expenses in connection with the performance of its services under the New Sub-Advisory Agreements, excluding any Fund expenses as set forth in the prospectus of each Fund. Based on the foregoing, the Board concluded that each Sub-Adviser’s proposed compensation is reasonable in view of the services to be provided to the CLO Fund and the Tax-Aware Intermediate Duration Fund by MIMBT and IR+M, respectively, 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 each of MIMBT and IR+M in connection with its provision of services to the CLO Fund and the Tax-Aware Intermediate Duration Fund, respectively, pursuant to the New Sub-Advisory Agreements. The Board noted potential benefits to MIMBT and IR+M that could accrue as a result of managing the CLO Fund and the Tax-Aware Intermediate Duration Fund, respectively, including potential reputational benefits. Based upon the foregoing, the Board concluded that each Sub-Adviser’s anticipated profitability from its relationship with the CLO Fund and the Tax-Aware Intermediate Duration Fund, as applicable, was reasonable.
Potential Economies of Scale. The Board considered the initial levels of investor seed capital and the Adviser’s, MIMBT’s and IR+M’s expectations concerning the CLO Fund’s and the Tax-Aware Intermediate Duration Fund’s asset growth in the first year of operations and beyond. The Board noted the competitive environment in which the CLO Fund and the Tax-Aware Intermediate Duration Fund will operate. The Board considered the effect of potential future asset growth on the CLO Fund and the Tax-Aware Intermediate Duration Fund. The Board noted that if the CLO Fund’s and the Tax-Aware Intermediate Duration Fund’s assets increase over time, 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 payable to MIMBT and 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 New Sub-Advisory Agreements, including the compensation payable under each New Sub-Advisory Agreement to MIMBT and IR+M is in the best interests of the CLO Fund and the Tax-Aware Intermediate Duration Fund and their respective shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the entering into of the New Sub-Advisory Agreements, each for an initial two-year period.
Amended and Restated Investment Sub-Advisory Agreement
Also at the February Meeting, the Board, including a majority of the Independent Trustees, voted to approve the Amended and Restated Investment Sub-Advisory Agreement between the Adviser and IR+M with respect to BondBloxx IR+M Tax-Aware ETF For California Residents, BondBloxx IR+M Tax-Aware ETF For Massachusetts Residents and BondBloxx IR+M Tax-Aware ETF For New York Residents (each, a “Tax-Aware State Resident Fund” and collectively, the “Tax-Aware State Resident Funds”) (the “Amended Sub-Advisory Agreement”). In approving the Amended 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 State Resident Funds by IR+M; (2) IR+M’s proposed compensation under the Amended Sub-Advisory Agreement; (3) the estimated expenses of the Tax-Aware State Resident Funds by IR+M; (4) the estimated costs of services to be provided to the Tax-Aware State Resident Funds by IR+M and the anticipated profits to be realized by IR+M from their management of the Tax-Aware State Resident Funds; (5) the potential for economies of scale and the sharing of any economies of scale with each Tax-Aware State Resident Fund’s shareholders; (6) the fees paid by and services provided to comparable ETFs; and (7) other potential benefits to IR+M from their relationships with the Tax-Aware State Resident Funds. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the Amended Sub-Advisory Agreement are discussed below.
Nature, Extent and Quality of Services to be Provided by the Sub-Adviser. In considering the nature, extent and quality of the services to be provided by IR+M under the Amended Sub-Advisory Agreement, the Board reviewed information provided by IR+M relating to IR+M’s 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
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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 of the Tax-Aware State Resident Funds and the Adviser will be responsible for administering the Tax-Aware State Resident Funds. 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 State Resident Funds by IR+M under the Amended Sub-Advisory Agreement.
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 State Resident Funds. In addition, the Board considered IR+M’s investment philosophy and portfolio construction process and the systems and tools IR+M expects to use in managing the Tax-Aware State Resident Funds in accordance with each Tax-Aware State Resident Fund’s respective investment objectives and investment strategies. Based on the foregoing, the Board concluded that IR+M is qualified to manage each Tax-Aware State Resident Fund’s assets in accordance with each Fund’s investment objective and investment strategies.
Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation payable to IR+M under the Amended Sub-Advisory Agreement and the estimated expense ratios of each Tax-Aware State Resident Fund. The Board took into account that under the Amended Sub-Advisory Agreement, IR+M will bear all expenses in connection with the performance of its services under the Amended Sub-Advisory Agreement, excluding any Fund expenses as set forth in the prospectus of each Tax-Aware State Resident Fund. Based on the foregoing, the Board concluded that IR+M’s proposed compensation is reasonable in view of the services to be provided to the Tax-Aware State Resident Funds by 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 State Resident Funds pursuant to the Amended Sub-Advisory Agreement. The Board noted potential benefits to IR+M that could accrue as a result of managing the Tax-Aware State Resident Funds including potential reputational benefits. Based upon the foregoing, the Board concluded that IR+M’s anticipated profitability from its relationship with the Tax-Aware State Resident Funds 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 each Tax-Aware State Resident Fund’s asset growth in the first year of operations and beyond. The Board noted the competitive environment in which the Tax-Aware State Resident Funds will operate. The Board considered the effect of potential future asset growth on the Tax-Aware State Resident Funds. The Board noted that if each Tax-Aware State Resident Fund’s assets increase over time, 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 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 Amended Sub-Advisory Agreement, including the compensation payable under the Amended Sub-Advisory Agreement to IR+M is in the best interests of the Tax-Aware State Resident Funds and their respective shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the entering into of the Amended Sub-Advisory Agreement for an initial two-year period.
Existing Sub-Advisory Agreement
At the November Meeting, the Board, including a majority of the Independent Trustees, voted to renew the Investment Sub-Advisory Agreement between the Adviser and MIMBT with respect to the Sector Rotation Fund (the “Sector Rotation Fund Sub-Advisory Agreement”). At a meeting held on April 8, 2025, the Board, including a majority of the Independent Trustees, voted to terminate the Sector Rotation Fund Sub-Advisory Agreement. Following the termination, the Adviser would accept sole responsibility for managing the Sector Rotation Fund’s investment strategy.
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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
