| (b) | Include a copy of each notice transmitted to stockholders in reliance on Rule 30e-3 under the Act (17 CFR 270.30e-3) that contains disclosures specified by paragraph (c)(3) of that rule. |
Not applicable.
Item 2. Code Of Ethics.
As of the period ended October 31, 2025, the Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer and principal financial officer, principal accounting officer or controller or persons performing similar functions. During the period covered by this report, there have been no changes to, amendments to or waivers from any provision of the code of ethics. The Registrant undertakes to provide a copy of the code of ethics to any person upon request, without charge, who calls 1-800-896-5089.
Item 3. Audit Committee Financial Expert.
The Board of Trustees of the Registrant has determined that Stephen A. Messinger possesses the attributes identified in Instruction (b) of Item 3 to Form N-CSR to qualify as an “audit committee financial expert,” and has designated Mr. Messinger as the Registrant’s audit committee financial expert. Mr. Messinger is an “independent” Trustee for purposes of Item 3 to Form N-CSR.
Under applicable securities laws, a person determined to be an audit committee financial expert will not be deemed an “expert” for any purpose, including without limitation for the purposes of Section 11 of the Securities Act of 1933, as a result of being designated or identified as an audit committee financial expert. The designation or identification of a person as an audit committee financial expert does not impose on such person any duties, obligations or liabilities greater than the duties, obligations and liabilities imposed on such person as a member of the audit committee and board of directors in the absence of such designation or identification. The designation or identification of a person as an audit committee financial expert does not affect the duties, obligations or liability of any other member of the audit committee or board of directors.
Item 4. Principal Accountant Fees And Services.
The following fees paid to Cohen & Company, Ltd., the Registrant’s principal accounting firm (the “Auditor”), are for services rendered for each of the last two fiscal years ended October 31, 2025 and October 31, 2024.
| a) | Audit Fees |
The aggregate fees billed for each of the last two fiscal years ended October 31, 2025 and October 31, 2024, for professional services rendered by the Auditor for the audit of the Registrant’s annual financial statements, or services that are normally provided by the Auditor in connection with statutory and regulatory filings or engagements for each of the last two fiscal years, were $310,500 in 2025 and $ 324,000 in 2024.
| b) | Audit Related Fees |
The aggregate fees billed for each of the last two fiscal years ended October 31, 2025 and October 31, 2024, for assurance and related services rendered to the Registrant by the Auditor that are reasonably related to the performance of the audit of the Registrant’s financial statements and are not reported under paragraph (a) of this Item were $0 in 2025 and $0 in 2024.
| c) | Tax Fees |
The aggregate fees billed for each of the last two fiscal years ended October 31, 2025 and October 31, 2024, for professional services rendered to the Registrant by the Auditor for tax compliance, tax advice and tax planning were $81,000 in 2025 and $84,000 in 2024. These services consisted of (i) review or preparation of U.S. federal, state, local and excise tax returns; (ii) U.S. federal, state and local entity tax planning, advice and assistance regarding statutory, regulatory or administrative developments, and (iii) tax advice regarding tax qualification.
| d) | All Other Fees |
The aggregate fees billed for each of the last two fiscal years ended October 31, 2025 and October 31, 2024, for products and services provided by the Auditor, other than the services reported in paragraphs (a) through (c) of this Item were $0 for 2025 and $0 for 2024.
| e) | (1) | Pursuant to the Registrant’s Audit Committee Charter that has been adopted by the audit committee, the audit committee shall (a) oversee the scope of the Trust’s audit, the Trust’s accounting and financial reporting policies and practices and its internal controls, and enhance the quality and objectivity of the audit function; (b) approve, and recommend to the Board Members for ratification, the selection, appointment, retention or termination of the Trust’s independent auditors, as well as approving the compensation thereof; and (c) approve all audit and non-audit services provided to the Trust and certain other persons by such independent auditors. |
| (2) | The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X, with respect to: Audit-Related Fees were 0% for 2025 and 0% for 2024; Tax Fees were 0% for 2025 and 0% for 2024; and Other Fees were 0% for 2025 and 0% for 2024. |
| f) | Not applicable. |
| g) | The aggregate non-audit fees billed by the Auditor for services rendered to the Registrant and rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant was $81,000 in 2025 and $84,000 in 2024. |
| h) | The Registrant’s audit committee has considered and determined that the provision of non-audit services that were rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence. |
| i) | Not applicable. |
| j) | Not applicable. |
Item 5. Audit Committee Of Listed Registrants.
| (a) | The Registrant is an issuer as defined in Section 10A-3 of the Securities Exchange Act of 1934 and has a separately designated standing Audit Committee in accordance with Section 3(a)(58)(A) of such Act. All the Board’s independent Trustees, Stephen A. Messinger, Allan C. Eberhart, David A. Lonergan and H. Michael Williams, are members of the Audit Committee. |
| (b) | Not applicable. |
Item 6. Investments.
| (a) | A Schedule of Investments in securities of unaffiliated issuers as of the close of the Reporting Period is included as part of the report to shareholders filed under Item 1 of this Form N-CSR. |
| (b) | Not applicable. |
Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
|
BondBloxxSM ETF Trust Annual Report Core Financial Statements |
October 31, 2025
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| ADVERTISING – 0.8% | ||||||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | $ | 328,000 | $ | 324,198 | ||||||||
| AEROSPACE/DEFENSE – 9.1% | ||||||||||||||
| AAR Escrow Issuer LLC(1) | 6.75 | 03/15/29 | 85,000 | 87,822 | ||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 37,000 | 36,917 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 50,000 | 49,609 | ||||||||||
| ATI, Inc. | 5.88 | 12/01/27 | 50,000 | 50,091 | ||||||||||
| ATI, Inc. | 7.25 | 08/15/30 | 50,000 | 52,625 | ||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 95,000 | 95,293 | ||||||||||
| Bombardier, Inc.(1) | 6.75 | 06/15/33 | 95,000 | 99,845 | ||||||||||
| Bombardier, Inc.(1) | 7.00 | 06/01/32 | 95,000 | 99,858 | ||||||||||
| Bombardier, Inc.(1) | 7.25 | 07/01/31 | 95,000 | 100,954 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 64,000 | 71,257 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 95,000 | 99,036 | ||||||||||
| Bombardier, Inc.(1) | 8.75 | 11/15/30 | 95,000 | 102,577 | ||||||||||
| Efesto Bidco SpA/Efesto US LLC(1) | 7.50 | 02/15/32 | 105,000 | 104,916 | ||||||||||
| Goat Holdco LLC(1) | 6.75 | 02/01/32 | 95,000 | 97,099 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 64,000 | 63,488 | ||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 90,000 | 90,726 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 111,000 | 116,708 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.75 | 11/15/30 | 150,000 | 164,988 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 149,000 | 146,668 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 90,000 | 89,258 | ||||||||||
| TransDigm, Inc.(1) | 6.00 | 01/15/33 | 195,000 | 198,296 | ||||||||||
| TransDigm, Inc.(1) | 6.25 | 01/31/34 | 70,000 | 72,396 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 03/01/29 | 350,000 | 359,952 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 05/31/33 | 325,000 | 332,095 | ||||||||||
| TransDigm, Inc.(1) | 6.63 | 03/01/32 | 280,000 | 289,892 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 270,000 | 275,664 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 01/31/34 | 255,000 | 264,441 | ||||||||||
| TransDigm, Inc.(1) | 6.88 | 12/15/30 | 185,000 | 192,238 | ||||||||||
| TransDigm, Inc.(1) | 7.13 | 12/01/31 | 130,000 | 135,787 | ||||||||||
| 3,940,496 | ||||||||||||||
| AIRLINES – 2.9% | ||||||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 49,000 | 49,582 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 100,000 | 102,382 | ||||||||||
| American Airlines, Inc.(1) | 8.50 | 05/15/29 | 125,000 | 130,488 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 375,000 | 378,590 | ||||||||||
| JetBlue Airways Corp./JetBlue Loyalty LP(1) | 9.88 | 09/20/31 | 255,000 | 250,888 | ||||||||||
| OneSky Flight LLC(1) | 8.88 | 12/15/29 | 75,000 | 79,780 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 6.38 | 02/01/30 | 130,000 | 125,669 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 7.88 | 05/01/27 | 65,000 | 66,003 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 9.50 | 06/01/28 | 60,000 | 62,440 | ||||||||||
| 1,245,822 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| APPAREL – 0.2% | ||||||||||||||
| S&S Holdings LLC(1) | 8.38 | 10/01/31 | $ | 75,000 | $ | 71,727 | ||||||||
| AUTO MANUFACTURERS – 0.7% | ||||||||||||||
| JB Poindexter & Co., Inc.(1) | 8.75 | 12/15/31 | 105,000 | 110,010 | ||||||||||
| New Flyer Holdings, Inc.(1) | 9.25 | 07/01/30 | 75,000 | 79,919 | ||||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 84,000 | 73,070 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 50,000 | 44,128 | ||||||||||
| 307,127 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.3% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 84,000 | 71,664 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 50,000 | 50,152 | ||||||||||
| 121,816 | ||||||||||||||
| BUILDING MATERIALS – 8.9% | ||||||||||||||
| AmeriTex Hold Co. Intermediate LLC(1) | 7.63 | 08/15/33 | 95,000 | 99,450 | ||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 50,000 | 49,375 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 168,000 | 159,074 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 67,000 | 66,383 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 86,000 | 89,200 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 03/01/34 | 125,000 | 129,609 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.75 | 05/15/35 | 95,000 | 99,864 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 95,000 | 87,904 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 37,000 | 28,163 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 9.50 | 08/15/29 | 60,000 | 55,430 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 9.75 | 07/15/30 | 60,000 | 62,644 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.63 | 12/15/30 | 350,000 | 360,248 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.75 | 07/15/31 | 65,000 | 67,645 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 123,000 | 123,077 | ||||||||||
| James Hardie International Finance DAC(1) | 5.00 | 01/15/28 | 50,000 | 49,789 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 55,000 | 53,535 | ||||||||||
| JELD-WEN, Inc.(1) | 7.00 | 09/01/32 | 40,000 | 33,041 | ||||||||||
| Knife River Corp.(1) | 7.75 | 05/01/31 | 50,000 | 52,418 | ||||||||||
| Masterbrand, Inc.(1) | 7.00 | 07/15/32 | 85,000 | 88,314 | ||||||||||
| Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(1) | 6.75 | 04/01/32 | 90,000 | 92,437 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 63,000 | 61,286 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 72,000 | 71,731 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 75,000 | 54,685 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.38 | 03/01/32 | 500,000 | 518,986 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.75 | 03/01/33 | 190,000 | 197,875 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 142,000 | 141,640 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 8.88 | 11/15/31 | 140,000 | 147,530 | ||||||||||
| Standard Building Solutions, Inc.(1) | 6.25 | 08/01/33 | 140,000 | 142,889 | ||||||||||
| Standard Building Solutions, Inc.(1) | 6.50 | 08/15/32 | 125,000 | 128,627 | ||||||||||
| Standard Industries, Inc./NY(1) | 3.38 | 01/15/31 | 142,000 | 129,419 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 205,000 | 197,870 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.75 | 01/15/28 | 123,000 | 122,683 | ||||||||||
| Wilsonart LLC(1) | 11.00 | 08/15/32 | 65,000 | 61,457 | ||||||||||
| 3,824,278 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 13.0% | ||||||||||||||
| Ashland, Inc.(1) | 3.38 | 09/01/31 | $ | 57,000 | $ | 50,847 | ||||||||
| Ashland, Inc. | 6.88 | 05/15/43 | 35,000 | 36,523 | ||||||||||
| Avient Corp.(1) | 6.25 | 11/01/31 | 85,000 | 86,854 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 90,000 | 92,703 | ||||||||||
| Axalta Coating Systems Dutch Holding B BV(1) | 7.25 | 02/15/31 | 60,000 | 62,983 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 87,000 | 82,838 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 70,000 | 69,878 | ||||||||||
| Celanese US Holdings LLC | 6.50 | 04/15/30 | 90,000 | 89,305 | ||||||||||
| Celanese US Holdings LLC | 6.67 | 07/15/27 | 192,000 | 197,216 | ||||||||||
| Celanese US Holdings LLC | 6.75 | 04/15/33 | 140,000 | 137,998 | ||||||||||
| Celanese US Holdings LLC | 6.83 | 07/15/29 | 95,000 | 97,105 | ||||||||||
| Celanese US Holdings LLC | 6.85 | 11/15/28 | 125,000 | 129,558 | ||||||||||
| Celanese US Holdings LLC | 6.88 | 07/15/32 | 130,000 | 130,727 | ||||||||||
| Celanese US Holdings LLC | 7.05 | 11/15/30 | 125,000 | 127,300 | ||||||||||
| Celanese US Holdings LLC | 7.20 | 11/15/33 | 125,000 | 128,279 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 75,000 | 65,880 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 58,000 | 57,813 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 100,000 | 95,908 | ||||||||||
| Chemours Co.(1) | 8.00 | 01/15/33 | 80,000 | 77,400 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 70,000 | 69,979 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 100,000 | 96,860 | ||||||||||
| FMC Corp. | 8.45 | 11/01/55 | 95,000 | 92,287 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 35,000 | 34,588 | ||||||||||
| HB Fuller Co. | 4.25 | 10/15/28 | 40,000 | 38,937 | ||||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 50,000 | 42,252 | ||||||||||
| Huntsman International LLC | 2.95 | 06/15/31 | 50,000 | 40,586 | ||||||||||
| Huntsman International LLC | 4.50 | 05/01/29 | 90,000 | 83,233 | ||||||||||
| Huntsman International LLC | 5.70 | 10/15/34 | 50,000 | 43,651 | ||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 58,000 | 58,203 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 55,000 | 51,918 | ||||||||||
| INEOS Finance PLC(1) | 7.50 | 04/15/29 | 90,000 | 83,885 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 9.63 | 03/15/29 | 55,000 | 51,614 | ||||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 70,000 | 67,504 | ||||||||||
| Innophos Holdings, Inc.(1) | 11.50 | 06/15/29 | 65,000 | 62,084 | ||||||||||
| Inversion Escrow Issuer LLC(1) | 6.75 | 08/01/32 | 135,000 | 131,934 | ||||||||||
| Mativ Holdings, Inc.(1) | 8.00 | 10/01/29 | 50,000 | 48,514 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 95,000 | 95,289 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 85,000 | 84,817 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 40,000 | 34,903 | ||||||||||
| Methanex US Operations, Inc.(1) | 6.25 | 03/15/32 | 75,000 | 76,350 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 50,000 | 49,449 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 71,000 | 69,158 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 128,000 | 128,374 | ||||||||||
| NOVA Chemicals Corp.(1) | 7.00 | 12/01/31 | 50,000 | 53,079 | ||||||||||
| NOVA Chemicals Corp.(1) | 8.50 | 11/15/28 | 60,000 | 62,976 | ||||||||||
| NOVA Chemicals Corp.(1) | 9.00 | 02/15/30 | 80,000 | 85,650 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 50,000 | 44,582 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 65,000 | 63,264 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 13.0% (Continued) | ||||||||||||||
| Olin Corp. | 5.63 | 08/01/29 | $ | 82,000 | $ | 82,290 | ||||||||
| Olin Corp.(1) | 6.63 | 04/01/33 | 80,000 | 79,322 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 100,000 | 96,071 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 55,000 | 53,661 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.13 | 10/01/27 | 40,000 | 40,712 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.25 | 06/15/31 | 100,000 | 100,155 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.25 | 02/15/33 | 205,000 | 204,227 | ||||||||||
| Rain Carbon, Inc.(1) | 12.25 | 09/01/29 | 55,000 | 58,639 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 142,000 | 140,540 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 85,000 | 84,323 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 95,000 | 94,893 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 85,000 | 83,650 | ||||||||||
| SNF Group SACA(1) | 3.13 | 03/15/27 | 35,000 | 34,189 | ||||||||||
| SNF Group SACA(1) | 3.38 | 03/15/30 | 50,000 | 46,287 | ||||||||||
| Solstice Advanced Materials, Inc.(1) | 5.63 | 09/30/33 | 125,000 | 125,189 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 137,000 | 84,364 | ||||||||||
| Tronox, Inc.(1) | 9.13 | 09/30/30 | 50,000 | 45,665 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 95,000 | 50,848 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 57,000 | 56,556 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 153,000 | 140,148 | ||||||||||
| WR Grace Holdings LLC(1) | 6.63 | 08/15/32 | 95,000 | 91,835 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 40,000 | 40,105 | ||||||||||
| 5,596,704 | ||||||||||||||
| COAL – 0.4% | ||||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.(1) | 8.63 | 06/15/29 | 50,000 | 52,951 | ||||||||||
| Coronado Finance Pty Ltd.(1) | 9.25 | 10/01/29 | 50,000 | 46,124 | ||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 69,000 | 64,478 | ||||||||||
| 163,553 | ||||||||||||||
| COMMERCIAL SERVICES – 14.7% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 126,000 | 122,163 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 95,000 | 92,135 | ||||||||||
| ADT Security Corp.(1) | 5.88 | 10/15/33 | 125,000 | 127,118 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 50,000 | 50,092 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 7.00 | 05/21/30 | 175,000 | 181,052 | ||||||||||
| Allied Universal Holdco LLC(1) | 7.88 | 02/15/31 | 295,000 | 307,464 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | 115,000 | 112,525 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.88 | 06/15/30 | 135,000 | 138,615 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 159,000 | 155,729 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 100,000 | 98,012 | ||||||||||
| Alta Equipment Group, Inc.(1) | 9.00 | 06/01/29 | 60,000 | 54,436 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 45,000 | 43,471 | ||||||||||
| APi Group DE, Inc.(1) | 4.75 | 10/15/29 | 34,000 | 33,342 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 4.75 | 04/01/28 | 65,000 | 62,423 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 77,000 | 74,222 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 34,000 | 33,797 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 52,000 | 51,855 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.00 | 02/15/31 | 60,000 | 61,042 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 14.7% (Continued) | ||||||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.25 | 01/15/30 | $ | 85,000 | $ | 86,830 | ||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.38 | 06/15/32 | 75,000 | 76,896 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 76,000 | 75,727 | ||||||||||
| Brink’s Co.(1) | 6.50 | 06/15/29 | 45,000 | 46,532 | ||||||||||
| Brink’s Co.(1) | 6.75 | 06/15/32 | 55,000 | 57,164 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 120,000 | 115,645 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 115,000 | 107,381 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/29 | 60,000 | 63,357 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.00 | 03/15/33 | 65,000 | 63,802 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.63 | 05/15/32 | 75,000 | 75,782 | ||||||||||
| EquipmentShare.com, Inc.(1) | 9.00 | 05/15/28 | 130,000 | 131,143 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 75,000 | 74,468 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 60,000 | 58,582 | ||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | 50,000 | 51,227 | ||||||||||
| Garda World Security Corp.(1) | 8.25 | 08/01/32 | 70,000 | 71,311 | ||||||||||
| Garda World Security Corp.(1) | 8.38 | 11/15/32 | 125,000 | 127,330 | ||||||||||
| GEO Group, Inc. | 8.63 | 04/15/29 | 80,000 | 84,519 | ||||||||||
| GEO Group, Inc. | 10.25 | 04/15/31 | 80,000 | 87,679 | ||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | 55,000 | 54,612 | ||||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 154,000 | 154,067 | ||||||||||
| Herc Holdings, Inc.(1) | 6.63 | 06/15/29 | 100,000 | 103,358 | ||||||||||
| Herc Holdings, Inc.(1) | 7.00 | 06/15/30 | 210,000 | 219,941 | ||||||||||
| Herc Holdings, Inc.(1) | 7.25 | 06/15/33 | 140,000 | 147,709 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 65,000 | 63,164 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 125,000 | 85,043 | ||||||||||
| Hertz Corp.(1) | 12.63 | 07/15/29 | 155,000 | 153,601 | ||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 55,000 | 54,605 | ||||||||||
| Matthews International Corp.(1) | 8.63 | 10/01/27 | 35,000 | 36,061 | ||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | 116,000 | 113,496 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 126,000 | 122,839 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 45,000 | 16,200 | ||||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 98,000 | 98,112 | ||||||||||
| Sotheby’s/Bidfair Holdings, Inc.(1) | 5.88 | 06/01/29 | 35,000 | 33,245 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 63,000 | 59,209 | ||||||||||
| TriNet Group, Inc.(1) | 7.13 | 08/15/31 | 50,000 | 51,919 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 94,000 | 87,517 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 80,000 | 79,005 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 142,000 | 134,908 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 108,000 | 103,816 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 215,000 | 214,990 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 90,000 | 90,699 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 66,000 | 66,103 | ||||||||||
| United Rentals North America, Inc.(1) | 6.13 | 03/15/34 | 140,000 | 146,263 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 67,000 | 61,176 | ||||||||||
| Veritiv Operating Co.(1) | 10.50 | 11/30/30 | 130,000 | 135,451 | ||||||||||
| VT Topco, Inc.(1) | 8.50 | 08/15/30 | 70,000 | 72,869 | ||||||||||
| Williams Scotsman, Inc.(1) | 4.63 | 08/15/28 | 60,000 | 59,440 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 14.7% (Continued) | ||||||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 06/15/29 | $ | 60,000 | $ | 61,824 | ||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 04/15/30 | 70,000 | 72,441 | ||||||||||
| Williams Scotsman, Inc.(1) | 7.38 | 10/01/31 | 60,000 | 62,834 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 70,000 | 54,868 | ||||||||||
| 6,326,253 | ||||||||||||||
| COMPUTERS – 1.3% | ||||||||||||||
| Amentum Holdings, Inc.(1) | 7.25 | 08/01/32 | 125,000 | 130,201 | ||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 69,000 | 67,816 | ||||||||||
| CACI International, Inc.(1) | 6.38 | 06/15/33 | 125,000 | 130,121 | ||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 64,000 | 59,921 | ||||||||||
| Crane NXT Co. | 4.20 | 03/15/48 | 40,000 | 28,424 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 30,000 | 29,517 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 50,000 | 49,649 | ||||||||||
| Science Applications International Corp.(1) | 5.88 | 11/01/33 | 65,000 | 64,873 | ||||||||||
| 560,522 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 1.4% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | 50,000 | 47,747 | ||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 88,000 | 86,819 | ||||||||||
| Gates Corp./DE(1) | 6.88 | 07/01/29 | 70,000 | 72,762 | ||||||||||
| RB Global Holdings, Inc.(1) | 6.75 | 03/15/28 | 70,000 | 71,561 | ||||||||||
| RB Global Holdings, Inc.(1) | 7.75 | 03/15/31 | 100,000 | 104,488 | ||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 35,000 | 33,408 | ||||||||||
| Resideo Funding, Inc.(1) | 6.50 | 07/15/32 | 80,000 | 81,987 | ||||||||||
| Windsor Holdings III LLC(1) | 8.50 | 06/15/30 | 100,000 | 105,693 | ||||||||||
| 604,465 | ||||||||||||||
| ELECTRIC – 0.3% | ||||||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 90,000 | 89,876 | ||||||||||
| Pike Corp.(1) | 8.63 | 01/31/31 | 50,000 | 53,413 | ||||||||||
| 143,289 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.3% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 35,000 | 34,585 | ||||||||||
| EnerSys(1) | 6.63 | 01/15/32 | 40,000 | 41,163 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/29 | 115,000 | 118,958 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/33 | 105,000 | 109,793 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.63 | 03/15/32 | 105,000 | 109,877 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 165,000 | 167,404 | ||||||||||
| 581,780 | ||||||||||||||
| ELECTRONICS – 0.7% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 48,000 | 45,416 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 255,000 | 251,574 | ||||||||||
| 296,990 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 2.8% | ||||||||||||||
| AECOM(1) | 6.00 | 08/01/33 | 150,000 | 154,051 | ||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 50,000 | 48,828 | ||||||||||
| Arcosa, Inc.(1) | 6.88 | 08/15/32 | 75,000 | 78,823 | ||||||||||
| Artera Services LLC(1) | 8.50 | 02/15/31 | 75,000 | 64,969 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 2.8% (Continued) | ||||||||||||||
| Brand Industrial Services, Inc.(1) | 10.38 | 08/01/30 | $ | 185,000 | $ | 178,234 | ||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 7.50 | 02/01/32 | 50,000 | 50,500 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 60,000 | 58,833 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 65,000 | 64,594 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 55,000 | 55,203 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 7.50 | 04/15/32 | 34,000 | 35,627 | ||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 45,000 | 43,597 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 47,000 | 47,253 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 45,000 | 43,428 | ||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 70,000 | 65,977 | ||||||||||
| TopBuild Corp.(1) | 5.63 | 01/31/34 | 95,000 | 95,457 | ||||||||||
| Tutor Perini Corp.(1) | 11.88 | 04/30/29 | 50,000 | 55,841 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 50,000 | 48,871 | ||||||||||
| 1,190,086 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 2.6% | ||||||||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 35,000 | 34,978 | ||||||||||
| Clean Harbors, Inc.(1) | 5.75 | 10/15/33 | 90,000 | 92,047 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 70,000 | 71,778 | ||||||||||
| Enviri Corp.(1) | 5.75 | 07/31/27 | 60,000 | 59,585 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 95,000 | 93,003 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 67,000 | 65,578 | ||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | 93,000 | 92,100 | ||||||||||
| GFL Environmental, Inc.(1) | 6.75 | 01/15/31 | 130,000 | 136,159 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 90,000 | 88,188 | ||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | 131,000 | 128,482 | ||||||||||
| Reworld Holding Corp.(1) | 4.88 | 12/01/29 | 100,000 | 94,227 | ||||||||||
| Waste Pro USA, Inc.(1) | 7.00 | 02/01/33 | 105,000 | 109,402 | ||||||||||
| Wrangler Holdco Corp.(1) | 6.63 | 04/01/32 | 65,000 | 67,985 | ||||||||||
| 1,133,512 | ||||||||||||||
| FOOD SERVICE – 0.7% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 146,000 | 145,957 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 55,000 | 55,516 | ||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 84,000 | 86,498 | ||||||||||
| 287,971 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.5% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 45,000 | 43,800 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 80,000 | 60,799 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 105,000 | 67,997 | ||||||||||
| Mercer International, Inc.(1) | 12.88 | 10/01/28 | 60,000 | 49,890 | ||||||||||
| 222,486 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.6% | ||||||||||||||
| Clue Opco LLC(1) | 9.50 | 10/15/31 | 90,000 | 91,832 | ||||||||||
| Stena International SA(1) | 7.25 | 01/15/31 | 110,000 | 112,631 | ||||||||||
| Stena International SA(1) | 7.63 | 02/15/31 | 50,000 | 51,262 | ||||||||||
| 255,725 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOME BUILDERS – 4.5% | ||||||||||||||
| Adams Homes, Inc.(1) | 9.25 | 10/15/28 | $ | 55,000 | $ | 57,323 | ||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 36,000 | 34,116 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 40,000 | 37,759 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 6.88 | 08/01/33 | 75,000 | 75,245 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 40,000 | 40,058 | ||||||||||
| Beazer Homes USA, Inc. | 7.25 | 10/15/29 | 44,000 | 44,656 | ||||||||||
| Beazer Homes USA, Inc.(1) | 7.50 | 03/15/31 | 35,000 | 35,468 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 70,000 | 64,731 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 5.00 | 06/15/29 | 40,000 | 38,530 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 75,000 | 75,058 | ||||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 75,000 | 70,388 | ||||||||||
| Century Communities, Inc.(1) | 6.63 | 09/15/33 | 55,000 | 54,886 | ||||||||||
| Dream Finders Homes, Inc.(1) | 6.88 | 09/15/30 | 40,000 | 39,838 | ||||||||||
| Dream Finders Homes, Inc.(1) | 8.25 | 08/15/28 | 35,000 | 36,125 | ||||||||||
| Empire Communities Corp.(1) | 9.75 | 05/01/29 | 60,000 | 61,426 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 37,000 | 37,136 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 8.00 | 04/01/31 | 60,000 | 61,346 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 8.38 | 10/01/33 | 55,000 | 56,360 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 53,000 | 50,074 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 45,000 | 44,792 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 34,000 | 34,715 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 37,000 | 38,169 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 32,000 | 28,767 | ||||||||||
| LGI Homes, Inc.(1) | 7.00 | 11/15/32 | 55,000 | 52,845 | ||||||||||
| LGI Homes, Inc.(1) | 8.75 | 12/15/28 | 50,000 | 52,031 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 40,000 | 38,125 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 50,000 | 49,877 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 82,000 | 79,612 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 55,000 | 54,826 | ||||||||||
| New Home Co., Inc.(1) | 8.50 | 11/01/30 | 40,000 | 41,443 | ||||||||||
| New Home Co., Inc.(1) | 9.25 | 10/01/29 | 45,000 | 47,251 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 66,000 | 65,397 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 30,000 | 29,382 | ||||||||||
| STL Holding Co. LLC(1) | 8.75 | 02/15/29 | 40,000 | 41,972 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 63,000 | 62,972 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 58,000 | 58,889 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 60,000 | 60,643 | ||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 40,000 | 40,182 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 40,000 | 40,398 | ||||||||||
| 1,932,811 | ||||||||||||||
| HOME FURNISHINGS – 0.3% | ||||||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 93,000 | 81,815 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 67,000 | 57,965 | ||||||||||
| 139,780 | ||||||||||||||
| IRON/STEEL – 4.3% | ||||||||||||||
| Algoma Steel, Inc.(1) | 9.13 | 04/15/29 | 45,000 | 36,943 | ||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 90,000 | 90,215 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| IRON/STEEL – 4.3% (Continued) | ||||||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | $ | 60,000 | $ | 60,306 | ||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 35,000 | 36,085 | ||||||||||
| Champion Iron Canada, Inc.(1) | 7.88 | 07/15/32 | 60,000 | 62,958 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 35,000 | 34,230 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 40,000 | 37,842 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 90,000 | 92,107 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.88 | 11/01/29 | 130,000 | 133,604 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.00 | 03/15/32 | 185,000 | 189,392 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.38 | 05/01/33 | 125,000 | 129,458 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.50 | 09/15/31 | 95,000 | 99,525 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.63 | 01/15/34 | 145,000 | 150,863 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 35,000 | 32,750 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 34,000 | 32,787 | ||||||||||
| Commercial Metals Co. | 4.38 | 03/15/32 | 45,000 | 42,564 | ||||||||||
| Infrabuild Australia Pty Ltd.(1) | 14.50 | 11/15/28 | 85,000 | 91,152 | ||||||||||
| Mineral Resources Ltd.(1) | 7.00 | 04/01/31 | 85,000 | 88,054 | ||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | 80,000 | 81,756 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 77,000 | 80,334 | ||||||||||
| Mineral Resources Ltd.(1) | 9.25 | 10/01/28 | 145,000 | 152,215 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 35,000 | 36,504 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 61,000 | 61,639 | ||||||||||
| 1,853,283 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.7% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | 50,000 | 49,030 | ||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 55,000 | 53,845 | ||||||||||
| Manitowoc Co., Inc.(1) | 9.25 | 10/01/31 | 35,000 | 36,827 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 75,000 | 73,677 | ||||||||||
| Terex Corp.(1) | 6.25 | 10/15/32 | 95,000 | 96,455 | ||||||||||
| 309,834 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 2.3% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 45,000 | 43,668 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 183,000 | 191,080 | ||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 67,000 | 71,984 | ||||||||||
| Esab Corp.(1) | 6.25 | 04/15/29 | 85,000 | 87,092 | ||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/23/29 | 60,000 | 44,550 | ||||||||||
| GrafTech Global Enterprises, Inc.(1) | 9.88 | 12/23/29 | 60,000 | 53,250 | ||||||||||
| Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC(1) | 9.00 | 02/15/29 | 125,000 | 129,299 | ||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 11.50 | 09/01/28 | 60,000 | 63,526 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 53,000 | 51,244 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 68,000 | 69,812 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 200,000 | 199,915 | ||||||||||
| 1,005,420 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.8% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 55,000 | 54,905 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 50,000 | 50,978 | ||||||||||
| Park-Ohio Industries, Inc.(1) | 8.50 | 08/01/30 | 45,000 | 45,973 | ||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 60,000 | 58,872 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| METAL FABRICATE/HARDWARE – 0.8% (Continued) | ||||||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | $ | 42,000 | $ | 41,274 | ||||||||
| Vallourec SACA(1) | 7.50 | 04/15/32 | 90,000 | 95,771 | ||||||||||
| 347,773 | ||||||||||||||
| MINING – 5.1% | ||||||||||||||
| Alcoa Nederland Holding BV(1) | 4.13 | 03/31/29 | 60,000 | 58,446 | ||||||||||
| Alcoa Nederland Holding BV(1) | 7.13 | 03/15/31 | 95,000 | 100,497 | ||||||||||
| Alumina Pty Ltd.(1) | 6.13 | 03/15/30 | 65,000 | 66,686 | ||||||||||
| Alumina Pty Ltd.(1) | 6.38 | 09/15/32 | 65,000 | 67,324 | ||||||||||
| Arsenal AIC Parent LLC(1) | 8.00 | 10/01/30 | 85,000 | 90,406 | ||||||||||
| Arsenal AIC Parent LLC(1) | 11.50 | 10/01/31 | 65,000 | 72,323 | ||||||||||
| Century Aluminum Co.(1) | 6.88 | 08/01/32 | 50,000 | 51,466 | ||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 33,000 | 32,695 | ||||||||||
| Compass Minerals International, Inc.(1) | 8.00 | 07/01/30 | 80,000 | 83,318 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 55,000 | 52,554 | ||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | 35,000 | 34,948 | ||||||||||
| Constellium SE(1) | 6.38 | 08/15/32 | 55,000 | 56,624 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 68,000 | 68,190 | ||||||||||
| Fortescue Treasury Pty Ltd.(1) | 4.38 | 04/01/31 | 128,000 | 123,975 | ||||||||||
| Fortescue Treasury Pty Ltd.(1) | 4.50 | 09/15/27 | 75,000 | 74,753 | ||||||||||
| Fortescue Treasury Pty Ltd.(1) | 5.88 | 04/15/30 | 58,000 | 59,885 | ||||||||||
| Fortescue Treasury Pty Ltd.(1) | 6.13 | 04/15/32 | 105,000 | 109,642 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 37,000 | 37,317 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 65,000 | 65,864 | ||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 63,000 | 62,931 | ||||||||||
| JW Aluminum Continuous Cast Co.(1) | 10.25 | 04/01/30 | 50,000 | 51,523 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 71,000 | 67,798 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 60,000 | 59,993 | ||||||||||
| New Gold, Inc.(1) | 6.88 | 04/01/32 | 55,000 | 57,556 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 92,000 | 84,369 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 198,000 | 191,513 | ||||||||||
| Novelis Corp.(1) | 6.38 | 08/15/33 | 100,000 | 101,402 | ||||||||||
| Novelis Corp.(1) | 6.88 | 01/30/30 | 95,000 | 98,677 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 7.50 | 04/26/29 | 50,000 | 52,313 | ||||||||||
| Taseko Mines Ltd.(1) | 8.25 | 05/01/30 | 60,000 | 63,511 | ||||||||||
| 2,198,499 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 1.8% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 50,000 | 48,975 | ||||||||||
| Amsted Industries, Inc.(1) | 6.38 | 03/15/33 | 65,000 | 67,390 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.13 | 03/15/30 | 125,000 | 128,692 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.25 | 03/15/33 | 95,000 | 98,430 | ||||||||||
| Calderys Financing LLC(1) | 11.25 | 06/01/28 | 70,000 | 74,044 | ||||||||||
| Enpro, Inc.(1) | 6.13 | 06/01/33 | 55,000 | 56,401 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 40,000 | 40,148 | ||||||||||
| Hillenbrand, Inc. | 6.25 | 02/15/29 | 69,000 | 70,975 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 55,000 | 54,258 | ||||||||||
| Maxam Prill Sarl(1) | 7.75 | 07/15/30 | 60,000 | 61,322 | ||||||||||
| Trinity Industries, Inc.(1) | 7.75 | 07/15/28 | 75,000 | 77,784 | ||||||||||
| 778,419 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OFFICE FURNISHINGS – 0.2% | ||||||||||||||
| Interface, Inc.(1) | 5.50 | 12/01/28 | $ | 37,000 | $ | 37,097 | ||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 63,000 | 61,661 | ||||||||||
| 98,758 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 50,000 | 50,275 | ||||||||||
| Pitney Bowes, Inc.(1) | 7.25 | 03/15/29 | 40,000 | 40,539 | ||||||||||
| 90,814 | ||||||||||||||
| OIL & GAS SERVICES – 0.2% | ||||||||||||||
| CHC Group LLC(1) | 11.75 | 09/01/30 | 70,000 | 65,414 | ||||||||||
| PACKAGING & CONTAINERS – 8.0% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 75,000 | 71,612 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 135,000 | 125,971 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 75,000 | 75,241 | ||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 160,000 | 146,439 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 105,000 | 95,759 | ||||||||||
| Ball Corp. | 5.50 | 09/15/33 | 100,000 | 101,292 | ||||||||||
| Ball Corp. | 6.00 | 06/15/29 | 125,000 | 128,213 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 95,000 | 96,718 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 50,000 | 49,981 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 6.75 | 07/15/30 | 55,000 | 56,302 | ||||||||||
| Clearwater Paper Corp.(1) | 4.75 | 08/15/28 | 40,000 | 37,567 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 60,000 | 60,277 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.75 | 04/15/32 | 180,000 | 180,758 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.88 | 01/15/30 | 65,000 | 65,730 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 141,000 | 141,410 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 64,000 | 65,032 | ||||||||||
| Crown Americas LLC(1) | 5.88 | 06/01/33 | 90,000 | 91,292 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 40,000 | 41,156 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 64,000 | 63,751 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 55,000 | 53,181 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/01/29 | 45,000 | 42,680 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 55,000 | 51,707 | ||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | 37,000 | 36,957 | ||||||||||
| Graphic Packaging International LLC(1) | 6.38 | 07/15/32 | 60,000 | 60,863 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 50,000 | 43,255 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 04/15/27 | 345,000 | 346,338 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 165,000 | 163,069 | ||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | 50,000 | 47,171 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 75,000 | 75,070 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.25 | 05/15/31 | 85,000 | 83,407 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.38 | 06/01/32 | 45,000 | 44,083 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 55,000 | 54,238 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 55,000 | 54,649 | ||||||||||
| Sealed Air Corp.(1) | 6.50 | 07/15/32 | 50,000 | 51,791 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 60,000 | 65,381 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 97,000 | 98,374 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 8.0% (Continued) | ||||||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 7.25 | 02/15/31 | $ | 50,000 | $ | 52,549 | ||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 70,000 | 68,713 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 12.75 | 12/31/28 | 75,000 | 80,147 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 48,000 | 46,449 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.25 | 07/15/30 | 75,000 | 77,769 | ||||||||||
| Trivium Packaging Finance BV(1) | 12.25 | 01/15/31 | 75,000 | 78,325 | ||||||||||
| 3,470,667 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 0.6% | ||||||||||||||
| Millrose Properties, Inc.(1) | 6.25 | 09/15/32 | 95,000 | 95,539 | ||||||||||
| Millrose Properties, Inc.(1) | 6.38 | 08/01/30 | 160,000 | 162,222 | ||||||||||
| 257,761 | ||||||||||||||
| RETAIL – 3.1% | ||||||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 42,000 | 41,268 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 90,000 | 82,186 | ||||||||||
| LBM Acquisition LLC(1) | 9.50 | 06/15/31 | 125,000 | 130,938 | ||||||||||
| Park River Holdings, Inc.(1) | 8.00 | 03/15/31 | 100,000 | 103,028 | ||||||||||
| Park River Holdings, Inc.(1) | 8.75 | 12/31/30 | 67,458 | 67,438 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 40,000 | 39,398 | ||||||||||
| Patrick Industries, Inc.(1) | 6.38 | 11/01/32 | 65,000 | 66,340 | ||||||||||
| QXO Building Products, Inc.(1) | 6.75 | 04/30/32 | 285,000 | 295,760 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 7.75 | 10/15/29 | 65,000 | 65,466 | ||||||||||
| Staples, Inc.(1) | 10.75 | 09/01/29 | 315,000 | 306,835 | ||||||||||
| Staples, Inc.(1) | 12.75 | 01/15/30 | 100,000 | 77,500 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 76,000 | 76,048 | ||||||||||
| 1,352,205 | ||||||||||||||
| SOFTWARE – 0.2% | ||||||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 95,000 | 91,832 | ||||||||||
| TRANSPORTATION – 2.2% | ||||||||||||||
| Beacon Mobility Corp.(1) | 7.25 | 08/01/30 | 70,000 | 72,943 | ||||||||||
| Brightline East LLC(1) | 11.00 | 01/31/30 | 145,000 | 56,701 | ||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 37,000 | 34,656 | ||||||||||
| Danaos Corp.(1) | 6.88 | 10/15/32 | 65,000 | 63,975 | ||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 30,000 | 30,348 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 80,000 | 77,416 | ||||||||||
| Genesee & Wyoming, Inc.(1) | 6.25 | 04/15/32 | 85,000 | 86,822 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 105,000 | 107,435 | ||||||||||
| RXO, Inc.(1) | 7.50 | 11/15/27 | 45,000 | 45,980 | ||||||||||
| Stonepeak Nile Parent LLC(1) | 7.25 | 03/15/32 | 60,000 | 63,494 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 7.13 | 08/01/32 | 120,000 | 124,433 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 35,000 | 37,360 | ||||||||||
| XPO, Inc.(1) | 7.13 | 06/01/31 | 55,000 | 57,474 | ||||||||||
| XPO, Inc.(1) | 7.13 | 02/01/32 | 75,000 | 79,130 | ||||||||||
| 938,167 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $42,046,497) | 42,130,237 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
12
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Industrial Sector ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 2.4% | ||||||||||||||
| TIME DEPOSITS – 2.4% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | $ | 1,019,141 | $ | 1,019,141 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,019,141) | 1,019,141 | |||||||||||||
| TOTAL INVESTMENTS – 100.1% (Cost - $43,065,638) | $ | 43,149,378 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.1)% | (28,435 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 43,120,943 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $36,577,982 and represents 84.8% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
13
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments
October 31, 2025
| Shares | Value | |||||||
| COMMON STOCKS – 0.0% | ||||||||
| MEDIA – 0.0% | ||||||||
| Beasley Broadcast Group, Inc. Class A* | 24 | $ | 122 | |||||
| TOTAL COMMON STOCKS (Cost - $298) | 122 | |||||||
| Rate (%) | Maturity | Face Amount |
||||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| ADVERTISING – 3.4% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 125,000 | 107,554 | |||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.13 | 02/15/31 | 255,000 | 263,208 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | 225,000 | 221,012 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 03/15/33 | 195,000 | 204,097 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 214,000 | 212,555 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.88 | 04/01/30 | 185,000 | 194,110 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 06/18/29 | 122,000 | 107,265 | ||||||||||
| Dotdash Meredith, Inc.(1) | 7.63 | 06/15/32 | 90,000 | 81,000 | ||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | 127,000 | 118,944 | ||||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 135,000 | 131,381 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 115,000 | 110,451 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 90,000 | 89,280 | ||||||||||
| Lamar Media Corp.(1) | 5.38 | 11/01/33 | 75,000 | 74,344 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 232,000 | 221,273 | ||||||||||
| 2,136,474 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.6% | ||||||||||||||
| Qnity Electronics, Inc.(1) | 5.75 | 08/15/32 | 215,000 | 219,060 | ||||||||||
| Qnity Electronics, Inc.(1) | 6.25 | 08/15/33 | 165,000 | 169,654 | ||||||||||
| 388,714 | ||||||||||||||
| COMMERCIAL SERVICES – 1.8% | ||||||||||||||
| Cimpress PLC(1) | 7.38 | 09/15/32 | 110,000 | 111,935 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 95,000 | 94,217 | ||||||||||
| Deluxe Corp.(1) | 8.13 | 09/15/29 | 100,000 | 104,887 | ||||||||||
| ION Platform Finance US, Inc.(1) | 7.88 | 09/30/32 | 325,000 | 317,401 | ||||||||||
| OT Midco, Inc.(1) | 10.00 | 02/15/30 | 135,000 | 79,316 | ||||||||||
| RR Donnelley & Sons Co.(1) | 9.50 | 08/01/29 | 220,000 | 225,757 | ||||||||||
| RR Donnelley & Sons Co.(1) | 10.88 | 08/01/29 | 108,000 | 108,678 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 80,000 | 79,342 | ||||||||||
| 1,121,533 | ||||||||||||||
| COMPUTERS – 3.2% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 92,000 | 93,124 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 165,000 | 157,380 | ||||||||||
| Fortress Intermediate 3, Inc.(1) | 7.50 | 06/01/31 | 165,000 | 172,258 | ||||||||||
| Insight Enterprises, Inc.(1) | 6.63 | 05/15/32 | 105,000 | 107,585 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 433,000 | 396,966 | ||||||||||
| NCR Voyix Corp.(1) | 5.00 | 10/01/28 | 140,000 | 138,781 | ||||||||||
| NCR Voyix Corp.(1) | 5.13 | 04/15/29 | 87,000 | 86,183 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 4.09 | 06/01/29 | 85,000 | 82,773 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 5.75 | 12/01/34 | 75,000 | 76,850 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 5.88 | 07/15/30 | 90,000 | 92,435 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMPUTERS – 3.2% (Continued) | ||||||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 8.25 | 12/15/29 | $ | 114,000 | $ | 121,224 | ||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 8.50 | 07/15/31 | 105,000 | 111,857 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 9.63 | 12/01/32 | 147,800 | 168,649 | ||||||||||
| Unisys Corp.(1) | 10.63 | 01/15/31 | 150,000 | 159,394 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 77,000 | 73,957 | ||||||||||
| 2,039,416 | ||||||||||||||
| ELECTRONICS – 1.6% | ||||||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | 217,000 | 214,888 | ||||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 228,000 | 222,403 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 115,000 | 116,237 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 155,000 | 144,203 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 100,000 | 96,535 | ||||||||||
| Sensata Technologies, Inc.(1) | 6.63 | 07/15/32 | 100,000 | 104,234 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 105,000 | 101,504 | ||||||||||
| 1,000,004 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.5% | ||||||||||||||
| ATP Tower Holdings/Andean Telecom Partners Chile SpA/Andean Tower Partners Colombia SAS(1) | 7.88 | 02/03/30 | 105,000 | 108,044 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.50 | 06/04/29 | 185,000 | 192,329 | ||||||||||
| 300,373 | ||||||||||||||
| ENTERTAINMENT – 3.4% | ||||||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 145,000 | 64,525 | ||||||||||
| Banijay Entertainment SAS(1) | 8.13 | 05/01/29 | 90,000 | 93,478 | ||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 265,000 | 262,513 | ||||||||||
| Warnermedia Holdings, Inc. | 4.05 | 03/15/29 | 300,000 | 291,531 | ||||||||||
| Warnermedia Holdings, Inc. | 4.28 | 03/15/32 | 70,000 | 60,970 | ||||||||||
| Warnermedia Holdings, Inc. | 4.28 | 03/15/32 | 570,000 | 522,797 | ||||||||||
| Warnermedia Holdings, Inc. | 5.05 | 03/15/42 | 885,000 | 711,372 | ||||||||||
| Warnermedia Holdings, Inc. | 5.14 | 03/15/52 | 205,000 | 156,312 | ||||||||||
| 2,163,498 | ||||||||||||||
| INTERNET – 6.5% | ||||||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 105,000 | 96,641 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 200,000 | 195,580 | ||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 115,000 | 112,264 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 90,000 | 88,240 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 95,000 | 94,111 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 90,000 | 89,712 | ||||||||||
| Cogent Communications Group LLC/Cogent Finance, Inc.(1) | 6.50 | 07/01/32 | 130,000 | 124,308 | ||||||||||
| Cogent Communications Group LLC/Cogent Finance, Inc.(1) | 7.00 | 06/15/27 | 70,000 | 69,835 | ||||||||||
| Cogent Communications Group LLC/Cogent Finance, Inc.(1) | 7.00 | 06/15/27 | 90,000 | 89,870 | ||||||||||
| Gen Digital, Inc.(1) | 6.25 | 04/01/33 | 200,000 | 206,389 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 195,000 | 198,184 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 135,000 | 139,754 | ||||||||||
| Getty Images, Inc.(1) | 10.50 | 11/15/30 | 130,000 | 131,196 | ||||||||||
| Getty Images, Inc.(1) | 11.25 | 02/21/30 | 115,000 | 114,260 | ||||||||||
| Getty Images, Inc.(1) | 14.00 | 03/01/28 | 70,000 | 68,338 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INTERNET – 6.5% (Continued) | ||||||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | $ | 165,000 | $ | 157,272 | ||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 135,000 | 135,247 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 4.63 | 05/01/28 | 50,000 | 47,690 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 5.00 | 05/01/28 | 75,000 | 70,037 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 5.75 | 05/15/28 | 100,000 | 95,589 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 8.75 | 05/01/29 | 165,000 | 168,088 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 9.00 | 08/01/29 | 105,000 | 106,412 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 9.50 | 05/30/29 | 175,000 | 179,024 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 102,000 | 92,553 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 110,000 | 103,635 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 102,000 | 100,608 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 100,000 | 99,722 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 80,000 | 79,885 | ||||||||||
| Match Group Holdings II LLC(1) | 6.13 | 09/15/33 | 150,000 | 151,151 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 150,000 | 89,250 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 11.75 | 10/15/28 | 120,000 | 79,350 | ||||||||||
| Snap, Inc.(1) | 6.88 | 03/01/33 | 315,000 | 322,458 | ||||||||||
| Snap, Inc.(1) | 6.88 | 03/15/34 | 130,000 | 132,651 | ||||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 95,000 | 89,420 | ||||||||||
| 4,118,724 | ||||||||||||||
| MEDIA – 34.2% | ||||||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 60,000 | 51,662 | ||||||||||
| AMC Networks, Inc.(1) | 10.25 | 01/15/29 | 184,000 | 193,307 | ||||||||||
| AMC Networks, Inc.(1) | 10.50 | 07/15/32 | 90,000 | 94,713 | ||||||||||
| Block Communications, Inc.(1) | 4.88 | 03/01/28 | 70,000 | 65,702 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 135,000 | 106,824 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 650,000 | 588,958 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 433,000 | 364,074 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 592,000 | 555,381 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 624,000 | 555,472 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 377,000 | 327,235 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 660,000 | 628,000 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 260,000 | 235,601 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 542,000 | 536,899 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 702,000 | 698,392 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | 326,000 | 321,980 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 325,000 | 327,767 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 235,000 | 238,759 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 218,000 | 132,168 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 227,000 | 139,902 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 325,000 | 199,465 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 214,000 | 177,670 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 288,000 | 267,509 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 390,000 | 268,656 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 218,000 | 191,483 | ||||||||||
| CSC Holdings LLC(1) | 11.75 | 01/31/29 | 435,000 | 343,905 | ||||||||||
| Cumulus Media New Holdings, Inc.(1) | 8.00 | 07/01/29 | 70,000 | 20,300 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 170,000 | 169,180 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 34.2% (Continued) | ||||||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | $ | 340,000 | $ | 338,412 | ||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 363,000 | 363,244 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 10.00 | 02/15/31 | 450,000 | 448,703 | ||||||||||
| Discovery Communications LLC | 3.63 | 05/15/30 | 200,000 | 185,350 | ||||||||||
| Discovery Communications LLC | 3.95 | 03/20/28 | 265,000 | 259,837 | ||||||||||
| Discovery Communications LLC | 4.13 | 05/15/29 | 135,000 | 130,701 | ||||||||||
| Discovery Communications LLC | 5.00 | 09/20/37 | 105,000 | 88,923 | ||||||||||
| Discovery Communications LLC | 6.35 | 06/01/40 | 100,000 | 90,210 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 325,000 | 280,940 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 595,000 | 585,819 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 530,000 | 509,718 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 225,000 | 210,460 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 755,000 | 795,323 | ||||||||||
| EW Scripps Co.(1) | 9.88 | 08/15/30 | 165,000 | 156,640 | ||||||||||
| Gray Media, Inc.(1) | 4.75 | 10/15/30 | 172,000 | 122,513 | ||||||||||
| Gray Media, Inc.(1) | 5.38 | 11/15/31 | 262,000 | 182,190 | ||||||||||
| Gray Media, Inc.(1) | 7.25 | 08/15/33 | 165,000 | 161,721 | ||||||||||
| Gray Media, Inc.(1) | 9.63 | 07/15/32 | 190,000 | 191,161 | ||||||||||
| Gray Media, Inc.(1) | 10.50 | 07/15/29 | 275,000 | 296,531 | ||||||||||
| iHeartCommunications, Inc.(1) | 4.75 | 01/15/28 | 35,000 | 31,801 | ||||||||||
| iHeartCommunications, Inc.(1) | 7.75 | 08/15/30 | 148,360 | 124,542 | ||||||||||
| iHeartCommunications, Inc.(1) | 9.13 | 05/01/29 | 163,000 | 150,172 | ||||||||||
| iHeartCommunications, Inc.(1) | 10.88 | 05/01/30 | 158,400 | 114,379 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 175,000 | 106,086 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 255,000 | 159,756 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 175,000 | 174,775 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 7.38 | 09/01/31 | 140,000 | 143,809 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 145,000 | 146,274 | ||||||||||
| Midcontinent Communications(1) | 8.00 | 08/15/32 | 140,000 | 142,778 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 215,000 | 211,791 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 373,000 | 373,080 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 144,000 | 141,288 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 212,000 | 209,518 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 110,000 | 99,563 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 90,000 | 62,362 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 105,000 | 89,578 | ||||||||||
| Sinclair Television Group, Inc.(1) | 8.13 | 02/15/33 | 305,000 | 311,184 | ||||||||||
| Sinclair Television Group, Inc.(1) | 9.75 | 02/15/33 | 100,000 | 110,250 | ||||||||||
| Sirius XM Radio LLC(1) | 3.88 | 09/01/31 | 325,000 | 295,146 | ||||||||||
| Sirius XM Radio LLC(1) | 4.00 | 07/15/28 | 440,000 | 427,920 | ||||||||||
| Sirius XM Radio LLC(1) | 4.13 | 07/01/30 | 325,000 | 306,198 | ||||||||||
| Sirius XM Radio LLC(1) | 5.00 | 08/01/27 | 325,000 | 324,475 | ||||||||||
| Sirius XM Radio LLC(1) | 5.50 | 07/01/29 | 262,000 | 262,608 | ||||||||||
| Sunrise FinCo I BV(1) | 4.88 | 07/15/31 | 266,000 | 253,978 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 215,000 | 213,012 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 240,000 | 238,376 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 237,000 | 222,962 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 185,000 | 185,800 | ||||||||||
| Univision Communications, Inc.(1) | 8.00 | 08/15/28 | 320,000 | 329,652 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 34.2% (Continued) | ||||||||||||||
| Univision Communications, Inc.(1) | 8.50 | 07/31/31 | $ | 260,000 | $ | 266,215 | ||||||||
| Univision Communications, Inc.(1) | 9.38 | 08/01/32 | 330,000 | 348,689 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 110,000 | 56,210 | ||||||||||
| Versant Media Group, Inc.(1) | 7.25 | 01/30/31 | 215,000 | 219,290 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 205,000 | 183,200 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | 192,000 | 178,602 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 315,000 | 309,502 | ||||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 115,000 | 112,775 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 342,000 | 310,966 | ||||||||||
| VZ Secured Financing BV(1) | 7.50 | 01/15/33 | 105,000 | 107,111 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 115,000 | 101,882 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 220,000 | 207,824 | ||||||||||
| 21,564,739 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 1.1% | ||||||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 84,000 | 80,206 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 90,000 | 88,852 | ||||||||||
| Entegris, Inc.(1) | 4.75 | 04/15/29 | 340,000 | 338,205 | ||||||||||
| Entegris, Inc.(1) | 5.95 | 06/15/30 | 197,000 | 200,206 | ||||||||||
| 707,469 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.8% | ||||||||||||||
| Xerox Corp. | 4.80 | 03/01/35 | 57,000 | 17,203 | ||||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 75,000 | 27,868 | ||||||||||
| Xerox Corp.(1) | 10.25 | 10/15/30 | 90,000 | 92,137 | ||||||||||
| Xerox Corp.(1) | 13.50 | 04/15/31 | 105,000 | 101,640 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 155,000 | 74,013 | ||||||||||
| Xerox Holdings Corp.(1) | 8.88 | 11/30/29 | 115,000 | 50,600 | ||||||||||
| Zebra Technologies Corp.(1) | 6.50 | 06/01/32 | 105,000 | 108,912 | ||||||||||
| 472,373 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.7% | ||||||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 105,000 | 75,048 | ||||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | 100,000 | 48,688 | ||||||||||
| LABL, Inc.(1) | 8.63 | 10/01/31 | 210,000 | 135,172 | ||||||||||
| LABL, Inc.(1) | 9.50 | 11/01/28 | 65,000 | 48,544 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 150,000 | 98,114 | ||||||||||
| 405,566 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 1.0% | ||||||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 155,000 | 139,132 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 130,000 | 127,161 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 230,000 | 215,483 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 8.63 | 06/15/32 | 135,000 | 126,555 | ||||||||||
| 608,331 | ||||||||||||||
| SEMICONDUCTORS – 1.6% | ||||||||||||||
| Amkor Technology, Inc.(1) | 5.88 | 10/01/33 | 105,000 | 106,946 | ||||||||||
| ams-OSRAM AG(1) | 12.25 | 03/30/29 | 160,000 | 172,972 | ||||||||||
| Kioxia Holdings Corp.(1) | 6.25 | 07/24/30 | 235,000 | 242,896 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 1.6% (Continued) | ||||||||||||||
| Kioxia Holdings Corp.(1) | 6.63 | 07/24/33 | $ | 240,000 | $ | 250,628 | ||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 150,000 | 146,509 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 90,000 | 86,491 | ||||||||||
| 1,006,442 | ||||||||||||||
| SOFTWARE – 10.9% | ||||||||||||||
| Capstone Borrower, Inc.(1) | 8.00 | 06/15/30 | 175,000 | 178,724 | ||||||||||
| Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.(1) | 8.00 | 06/15/29 | 165,000 | 138,358 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 160,000 | 132,027 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 863,000 | 870,053 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.63 | 08/15/33 | 215,000 | 215,693 | ||||||||||
| Cloud Software Group, Inc.(1) | 8.25 | 06/30/32 | 389,000 | 409,144 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 830,000 | 859,212 | ||||||||||
| CoreWeave, Inc.(1) | 9.00 | 02/01/31 | 375,000 | 376,566 | ||||||||||
| CoreWeave, Inc.(1) | 9.25 | 06/01/30 | 435,000 | 439,829 | ||||||||||
| Dye & Durham Ltd.(1) | 8.63 | 04/15/29 | 120,000 | 113,748 | ||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 120,000 | 115,794 | ||||||||||
| Ellucian Holdings, Inc.(1) | 6.50 | 12/01/29 | 150,000 | 152,185 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 189,000 | 185,654 | ||||||||||
| Fair Isaac Corp.(1) | 6.00 | 05/15/33 | 330,000 | 336,731 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 190,000 | 185,280 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 187,000 | 177,170 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 190,000 | 181,576 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 145,000 | 135,108 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 105,000 | 103,433 | ||||||||||
| Rackspace Finance LLC(1) | 3.50 | 05/15/28 | 75,000 | 29,625 | ||||||||||
| RingCentral, Inc.(1) | 8.50 | 08/15/30 | 80,000 | 85,285 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 212,000 | 203,054 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 125,000 | 121,579 | ||||||||||
| Rocket Software, Inc.(1) | 9.00 | 11/28/28 | 175,000 | 180,475 | ||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | 104,000 | 99,996 | ||||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 108,000 | 102,311 | ||||||||||
| UKG, Inc.(1) | 6.88 | 02/01/31 | 540,000 | 556,269 | ||||||||||
| West Technology Group LLC(1) | 8.50 | 04/10/27 | 105,000 | 13,125 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 140,000 | 132,196 | ||||||||||
| 6,830,200 | ||||||||||||||
| TELECOMMUNICATIONS – 26.7% | ||||||||||||||
| Africell Holding Ltd.(1) | 10.50 | 10/23/29 | 65,000 | 64,849 | ||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 255,000 | 190,310 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 442,000 | 322,112 | ||||||||||
| Altice Financing SA(1) | 9.63 | 07/15/27 | 85,000 | 72,688 | ||||||||||
| Altice France Lux 3/Altice Holdings 1(1) | 10.00 | 01/15/33 | 205,000 | 192,970 | ||||||||||
| Altice France SA(1) | 6.50 | 10/15/31 | 80,000 | 76,368 | ||||||||||
| Altice France SA(1) | 6.50 | 03/15/32 | 415,000 | 397,723 | ||||||||||
| Altice France SA(1) | 6.88 | 10/15/30 | 185,000 | 181,095 | ||||||||||
| Altice France SA(1) | 6.88 | 07/15/32 | 335,000 | 321,916 | ||||||||||
| Altice France SA(1) | 9.50 | 11/01/29 | 290,000 | 295,749 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 6.88 | 09/15/55 | 215,000 | 224,656 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 26.7% (Continued) | ||||||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 7.00 | 09/15/55 | $ | 270,000 | $ | 284,001 | ||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | 115,000 | 113,814 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 101,000 | 97,828 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 90,000 | 86,579 | ||||||||||
| CommScope LLC(1) | 4.75 | 09/01/29 | 207,000 | 206,528 | ||||||||||
| CommScope LLC(1) | 7.13 | 07/01/28 | 135,000 | 135,709 | ||||||||||
| CommScope LLC(1) | 8.25 | 03/01/27 | 185,000 | 186,341 | ||||||||||
| CommScope LLC(1) | 9.50 | 12/15/31 | 215,000 | 219,277 | ||||||||||
| CommScope Technologies LLC(1) | 5.00 | 03/15/27 | 165,000 | 164,499 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 9.00 | 09/15/29 | 425,000 | 450,570 | ||||||||||
| Connect Holding II LLC(1) | 10.50 | 04/03/31 | 480,000 | 469,945 | ||||||||||
| EchoStar Corp. | 10.75 | 11/30/29 | 1,190,000 | 1,310,909 | ||||||||||
| Fibercop SpA(1) | 6.00 | 09/30/34 | 115,000 | 108,883 | ||||||||||
| Fibercop SpA(1) | 6.38 | 11/15/33 | 104,000 | 103,143 | ||||||||||
| Fibercop SpA(1) | 7.20 | 07/18/36 | 100,000 | 101,549 | ||||||||||
| Fibercop SpA(1) | 7.72 | 06/04/38 | 115,000 | 116,854 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 340,000 | 339,797 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 250,000 | 249,964 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 155,000 | 157,341 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 215,000 | 218,203 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 215,000 | 217,356 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 160,000 | 169,341 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 262,000 | 274,603 | ||||||||||
| Frontier Florida LLC | 6.86 | 02/01/28 | 65,000 | 67,630 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 130,000 | 126,976 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 72,837 | 61,001 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 97,252 | 34,281 | ||||||||||
| Iliad Holding SAS(1) | 7.00 | 10/15/28 | 185,000 | 187,877 | ||||||||||
| Iliad Holding SAS(1) | 7.00 | 04/15/32 | 190,000 | 194,678 | ||||||||||
| Iliad Holding SAS(1) | 8.50 | 04/15/31 | 200,000 | 214,849 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 75,000 | 67,781 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 87,000 | 77,213 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 10/15/30 | 105,000 | 94,598 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.00 | 04/15/31 | 90,000 | 80,775 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.50 | 04/01/30 | 145,000 | 134,669 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.88 | 06/15/29 | 125,000 | 120,156 | ||||||||||
| Level 3 Financing, Inc.(1) | 6.88 | 06/30/33 | 440,000 | 451,036 | ||||||||||
| Level 3 Financing, Inc.(1) | 7.00 | 03/31/34 | 515,000 | 529,527 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/29 | 75,000 | 74,389 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/30 | 69,000 | 68,438 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 67,000 | 62,041 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 72,000 | 71,460 | ||||||||||
| Lumen Technologies, Inc. | 7.65 | 03/15/42 | 65,000 | 64,537 | ||||||||||
| Lumen Technologies, Inc.(1) | 10.00 | 10/15/32 | 89,000 | 90,001 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 170,000 | 158,950 | ||||||||||
| Millicom International Cellular SA(1) | 5.13 | 01/15/28 | 90,000 | 89,636 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 140,400 | 141,742 | ||||||||||
The accompanying notes are an integral part of these financial statements.
20
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 26.7% (Continued) | ||||||||||||||
| Millicom International Cellular SA(1) | 7.38 | 04/02/32 | $ | 100,000 | $ | 104,533 | ||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 160,000 | 159,178 | ||||||||||
| Rogers Communications, Inc. | 7.00 | 04/15/55 | 245,000 | 256,479 | ||||||||||
| Rogers Communications, Inc. | 7.13 | 04/15/55 | 210,000 | 224,865 | ||||||||||
| Sunrise Hold Co. IV BV(1) | 5.50 | 01/15/28 | 16,000 | 15,941 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 117,000 | 120,013 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 115,000 | 121,346 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 104,000 | 113,450 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 100,000 | 111,966 | ||||||||||
| TELUS Corp. | 6.63 | 10/15/55 | 150,000 | 154,796 | ||||||||||
| TELUS Corp. | 7.00 | 10/15/55 | 175,000 | 186,809 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 125,000 | 124,991 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 89,000 | 86,463 | ||||||||||
| Viasat, Inc.(1) | 7.50 | 05/30/31 | 154,000 | 144,697 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 90,000 | 84,949 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 302,000 | 275,956 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 310,000 | 287,159 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 6.75 | 01/15/33 | 165,000 | 165,612 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 7.75 | 04/15/32 | 195,000 | 202,396 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 214,000 | 201,906 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 205,000 | 166,022 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 430,000 | 454,342 | ||||||||||
| Windstream Services LLC(1) | 7.50 | 10/15/33 | 300,000 | 299,948 | ||||||||||
| Windstream Services LLC/Windstream Escrow Finance Corp.(1) | 8.25 | 10/01/31 | 475,000 | 485,545 | ||||||||||
| WULF Compute LLC(1) | 7.75 | 10/15/30 | 690,000 | 717,293 | ||||||||||
| Zegona Finance PLC(1) | 8.63 | 07/15/29 | 175,000 | 186,459 | ||||||||||
| 16,840,825 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $61,480,205) | 61,704,681 | |||||||||||||
| SHORT-TERM INVESTMENTS – 2.4% | ||||||||||||||
| TIME DEPOSITS – 2.4% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | 1,542,044 | 1,542,044 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,542,044) | 1,542,044 | |||||||||||||
| TOTAL INVESTMENTS – 100.4% (Cost - $63,022,547) | $ | 63,246,847 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.4)% | (245,423 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 63,001,424 | ||||||||||||
| * | Non-Income producing security. |
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $51,896,095 and represents 82.4% 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.
21
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.0% | ||||||||||||||
| BIOTECHNOLOGY – 0.3% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | $ | 98,000 | $ | 86,821 | ||||||||
| COMMERCIAL SERVICES – 5.6% | ||||||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 80,000 | 75,876 | ||||||||||
| AMN Healthcare, Inc.(1) | 6.50 | 01/15/31 | 90,000 | 90,272 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 93,000 | 88,041 | ||||||||||
| Raven Acquisition Holdings LLC(1) | 6.88 | 11/15/31 | 300,000 | 307,314 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 195,000 | 181,372 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 183,000 | 173,489 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 119,000 | 118,752 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 186,000 | 186,555 | ||||||||||
| Service Corp. International/US | 5.75 | 10/15/32 | 180,000 | 182,845 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 95,000 | 94,129 | ||||||||||
| 1,498,645 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 3.3% | ||||||||||||||
| Opal Bidco SAS(1) | 6.50 | 03/31/32 | 255,000 | 262,854 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 06/15/30 | 180,000 | 176,223 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | 68,000 | 56,252 | ||||||||||
| Perrigo Finance Unlimited Co. | 6.13 | 09/30/32 | 162,000 | 163,530 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 132,000 | 122,582 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 100,000 | 99,997 | ||||||||||
| 881,438 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 14.3% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 180,000 | 171,103 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 362,000 | 356,422 | ||||||||||
| Bausch + Lomb Corp.(1) | 8.38 | 10/01/28 | 325,000 | 340,031 | ||||||||||
| Dentsply Sirona, Inc. | 8.38 | 09/12/55 | 130,000 | 134,047 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 119,000 | 113,002 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 215,000 | 212,386 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 98,000 | 98,153 | ||||||||||
| Insulet Corp.(1) | 6.50 | 04/01/33 | 105,000 | 109,499 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 1,040,000 | 1,010,809 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 575,000 | 573,189 | ||||||||||
| Medline Borrower LP/Medline Co.-Issuer, Inc.(1) | 6.25 | 04/01/29 | 345,000 | 355,351 | ||||||||||
| Neogen Food Safety Corp.(1) | 8.63 | 07/20/30 | 80,000 | 84,681 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 113,000 | 110,796 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 115,000 | 114,490 | ||||||||||
| Varex Imaging Corp.(1) | 7.88 | 10/15/27 | 85,000 | 87,028 | ||||||||||
| 3,870,987 | ||||||||||||||
| HEALTHCARE-SERVICES – 49.3% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 113,000 | 110,664 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 103,000 | 102,400 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 7.38 | 03/15/33 | 125,000 | 129,377 | ||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 69,000 | 68,921 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 125,000 | 119,939 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 113,000 | 106,636 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 108,000 | 106,851 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 49.3% (Continued) | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | $ | 238,000 | $ | 212,700 | ||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 362,000 | 339,656 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 141,000 | 139,700 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 277,000 | 233,021 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 290,000 | 263,207 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 9.75 | 01/15/34 | 415,000 | 439,915 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 10.88 | 01/15/32 | 520,000 | 561,226 | ||||||||||
| Concentra Health Services, Inc.(1) | 6.88 | 07/15/32 | 150,000 | 156,643 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 352,000 | 323,462 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 628,000 | 606,994 | ||||||||||
| DaVita, Inc.(1) | 6.75 | 07/15/33 | 230,000 | 238,671 | ||||||||||
| DaVita, Inc.(1) | 6.88 | 09/01/32 | 230,000 | 238,512 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 175,000 | 173,795 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 85,000 | 82,998 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 200,000 | 198,059 | ||||||||||
| Fortrea Holdings, Inc.(1) | 7.50 | 07/01/30 | 130,000 | 124,968 | ||||||||||
| Global Medical Response, Inc.(1) | 7.38 | 10/01/32 | 230,000 | 240,831 | ||||||||||
| HAH Group Holding Co. LLC(1) | 9.75 | 10/01/31 | 155,000 | 147,084 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 140,000 | 136,416 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 255,000 | 255,090 | ||||||||||
| IQVIA, Inc.(1) | 6.25 | 06/01/32 | 460,000 | 480,017 | ||||||||||
| IQVIA, Inc.(1) | 6.50 | 05/15/30 | 115,000 | 119,527 | ||||||||||
| Kedrion SpA(1) | 6.50 | 09/01/29 | 180,000 | 176,073 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 108,000 | 104,813 | ||||||||||
| LifePoint Health, Inc.(1) | 8.38 | 02/15/32 | 165,000 | 178,307 | ||||||||||
| LifePoint Health, Inc.(1) | 9.88 | 08/15/30 | 185,000 | 199,960 | ||||||||||
| LifePoint Health, Inc.(1) | 10.00 | 06/01/32 | 185,000 | 197,004 | ||||||||||
| LifePoint Health, Inc.(1) | 11.00 | 10/15/30 | 255,000 | 281,482 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 145,000 | 133,885 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 174,000 | 157,043 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 185,000 | 180,324 | ||||||||||
| Molina Healthcare, Inc.(1) | 6.25 | 01/15/33 | 175,000 | 176,331 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 12/31/30 | 175,000 | 159,075 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 93,000 | 92,497 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 9.38 | 09/01/29 | 345,000 | 363,249 | ||||||||||
| Radiology Partners, Inc.(1) | 8.50 | 07/15/32 | 205,000 | 213,449 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 12/01/32 | 130,000 | 132,005 | ||||||||||
| Sotera Health Holdings LLC(1) | 7.38 | 06/01/31 | 170,000 | 178,866 | ||||||||||
| Star Parent, Inc.(1) | 9.00 | 10/01/30 | 230,000 | 245,876 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 7.25 | 04/15/32 | 185,000 | 190,580 | ||||||||||
| Team Health Holdings, Inc.(1) | 8.38 | 06/30/28 | 100,000 | 101,140 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 320,000 | 313,122 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 335,000 | 327,229 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | 140,000 | 139,530 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 345,000 | 344,854 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 570,000 | 571,091 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 06/15/30 | 460,000 | 469,103 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 353,000 | 353,822 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 49.3% (Continued) | ||||||||||||||
| Tenet Healthcare Corp. | 6.75 | 05/15/31 | $ | 305,000 | $ | 316,695 | ||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 87,000 | 94,579 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 65,000 | 55,882 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 65,000 | 66,470 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 95,000 | 91,974 | ||||||||||
| US Acute Care Solutions LLC(1) | 9.75 | 05/15/29 | 230,000 | 234,499 | ||||||||||
| 13,298,089 | ||||||||||||||
| PHARMACEUTICALS – 22.9% | ||||||||||||||
| 1261229 BC Ltd.(1) | 10.00 | 04/15/32 | 1,010,000 | 1,056,737 | ||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 120,000 | 114,434 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 130,000 | 124,467 | ||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | 85,000 | 85,030 | ||||||||||
| Amneal Pharmaceuticals LLC(1) | 6.88 | 08/01/32 | 140,000 | 146,957 | ||||||||||
| Bausch Health Americas, Inc.(1) | 8.50 | 01/31/27 | 155,000 | 154,468 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 370,000 | 336,983 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 01/30/28 | 95,000 | 83,274 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 02/15/29 | 105,000 | 81,834 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 01/30/30 | 185,000 | 133,431 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 02/15/31 | 105,000 | 70,875 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.25 | 02/15/29 | 190,000 | 156,037 | ||||||||||
| Bausch Health Cos, Inc.(1) | 7.25 | 05/30/29 | 75,000 | 61,400 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 410,000 | 430,139 | ||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 80,000 | 81,217 | ||||||||||
| CVS Health Corp. | 6.75 | 12/10/54 | 175,000 | 182,026 | ||||||||||
| CVS Health Corp. | 7.00 | 03/10/55 | 515,000 | 541,896 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 168,000 | 175,470 | ||||||||||
| Endo Finance Holdings, Inc.(1) | 8.50 | 04/15/31 | 230,000 | 244,070 | ||||||||||
| Grifols SA(1) | 4.75 | 10/15/28 | 158,000 | 152,891 | ||||||||||
| Harrow, Inc.(1) | 8.63 | 09/15/30 | 55,000 | 58,197 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 342,000 | 335,338 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 114,000 | 110,112 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 478,000 | 455,076 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 410,000 | 314,780 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 6.75 | 05/15/34 | 120,000 | 107,661 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 7.88 | 05/15/34 | 115,000 | 89,635 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 121,000 | 93,240 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 116,000 | 88,402 | ||||||||||
| Paradigm Parent LLC & Paradigm Parent Co.-Issuer, Inc.(1) | 8.75 | 04/17/32 | 115,000 | 108,534 | ||||||||||
| 6,174,611 | ||||||||||||||
| SOFTWARE – 2.3% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 541,000 | 530,114 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 80,000 | 79,939 | ||||||||||
| 610,053 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $25,661,543) | 26,420,644 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
24
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Healthcare Sector ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 1.1% | ||||||||||||||
| TIME DEPOSITS – 1.1% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | $ | 295,420 | $ | 295,420 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $295,420) | 295,420 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $25,956,963) | $ | 26,716,064 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 248,156 | |||||||||||||
| NET ASSETS – 100.0% | $ | 26,964,220 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $20,434,494 and represents 75.8% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
25
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.9% | ||||||||||||||
| ADVERTISING – 1.1% | ||||||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | $ | 80,000 | $ | 77,320 | ||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 88,000 | 85,083 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 107,000 | 106,646 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 7.38 | 02/15/31 | 80,000 | 84,576 | ||||||||||
| 353,625 | ||||||||||||||
| BANKS – 2.1% | ||||||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 55,000 | 55,139 | ||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 175,000 | 194,854 | ||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 90,000 | 90,262 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.25 | 10/01/30 | 90,000 | 100,258 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 70,000 | 73,425 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | - | 120,000 | 126,559 | ||||||||||
| Walker & Dunlop, Inc.(1) | 6.63 | 04/01/33 | 70,000 | 71,697 | ||||||||||
| 712,194 | ||||||||||||||
| COMMERCIAL SERVICES – 6.1% | ||||||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 177,000 | 164,942 | ||||||||||
| Block, Inc.(1) | 5.63 | 08/15/30 | 200,000 | 203,147 | ||||||||||
| Block, Inc.(1) | 6.00 | 08/15/33 | 165,000 | 168,830 | ||||||||||
| Block, Inc. | 6.50 | 05/15/32 | 345,000 | 358,194 | ||||||||||
| Boost Newco Borrower LLC(1) | 7.50 | 01/15/31 | 370,000 | 393,358 | ||||||||||
| CPI CG, Inc.(1) | 10.00 | 07/15/29 | 41,000 | 43,355 | ||||||||||
| Dcli Bidco LLC(1) | 7.75 | 11/15/29 | 85,000 | 86,470 | ||||||||||
| Mobius Merger Sub, Inc.(1) | 9.00 | 06/01/30 | 85,000 | 70,888 | ||||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 55,000 | 51,800 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 100,000 | 97,676 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 6.75 | 08/15/32 | 285,000 | 294,605 | ||||||||||
| WEX, Inc.(1) | 6.50 | 03/15/33 | 95,000 | 97,247 | ||||||||||
| 2,030,512 | ||||||||||||||
| COMPUTERS – 1.3% | ||||||||||||||
| Diebold Nixdorf, Inc.(1) | 7.75 | 03/31/30 | 160,000 | 169,832 | ||||||||||
| NCR Atleos Corp.(1) | 9.50 | 04/01/29 | 230,000 | 248,546 | ||||||||||
| 418,378 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 38.7% | ||||||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 85,000 | 85,361 | ||||||||||
| Ally Financial, Inc. | 6.65 | 01/17/40 | 95,000 | 95,266 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 75,000 | 78,232 | ||||||||||
| Aretec Group, Inc.(1) | 7.50 | 04/01/29 | 65,000 | 65,580 | ||||||||||
| Aretec Group, Inc.(1) | 10.00 | 08/15/30 | 120,000 | 130,716 | ||||||||||
| Atlanticus Holdings Corp.(1) | 9.75 | 09/01/30 | 65,000 | 63,238 | ||||||||||
| Azorra Finance Ltd.(1) | 7.25 | 01/15/31 | 90,000 | 94,362 | ||||||||||
| Azorra Finance Ltd.(1) | 7.75 | 04/15/30 | 100,000 | 105,505 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 8.38 | 06/15/35 | 70,000 | 71,693 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 9.75 | 03/15/29 | 120,000 | 128,169 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 60,000 | 59,632 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 38.7% (Continued) | ||||||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | $ | 53,000 | $ | 52,776 | ||||||||
| Burford Capital Global Finance LLC(1) | 7.50 | 07/15/33 | 85,000 | 84,025 | ||||||||||
| Burford Capital Global Finance LLC(1) | 9.25 | 07/01/31 | 130,000 | 134,711 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 65,000 | 54,831 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 12.25 | 11/01/29 | 45,000 | 45,169 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 170,000 | 161,824 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 125,000 | 111,826 | ||||||||||
| Credit Acceptance Corp.(1) | 6.63 | 03/15/30 | 80,000 | 80,112 | ||||||||||
| Credit Acceptance Corp.(1) | 9.25 | 12/15/28 | 105,000 | 110,246 | ||||||||||
| CrossCountry Intermediate Hold Co. LLC(1) | 6.50 | 10/01/30 | 155,000 | 156,624 | ||||||||||
| Encore Capital Group, Inc.(1) | 6.63 | 04/15/31 | 85,000 | 84,406 | ||||||||||
| Encore Capital Group, Inc.(1) | 8.50 | 05/15/30 | 90,000 | 94,850 | ||||||||||
| Encore Capital Group, Inc.(1) | 9.25 | 04/01/29 | 80,000 | 84,085 | ||||||||||
| Enova International, Inc.(1) | 9.13 | 08/01/29 | 80,000 | 83,911 | ||||||||||
| Enova International, Inc.(1) | 11.25 | 12/15/28 | 70,000 | 74,335 | ||||||||||
| EZCORP, Inc.(1) | 7.38 | 04/01/32 | 50,000 | 52,937 | ||||||||||
| Focus Financial Partners LLC(1) | 6.75 | 09/15/31 | 170,000 | 175,382 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 7.88 | 04/01/33 | 85,000 | 87,396 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 8.38 | 04/01/32 | 115,000 | 120,013 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.13 | 05/15/31 | 120,000 | 127,713 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.25 | 02/01/29 | 190,000 | 199,623 | ||||||||||
| GGAM Finance Ltd.(1) | 5.88 | 03/15/30 | 60,000 | 60,825 | ||||||||||
| GGAM Finance Ltd.(1) | 6.88 | 04/15/29 | 65,000 | 67,596 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 125,000 | 127,882 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 06/15/28 | 103,000 | 109,470 | ||||||||||
| Global Aircraft Leasing Co. Ltd.(1) | 8.75 | 09/01/27 | 190,000 | 195,850 | ||||||||||
| goeasy Ltd.(1) | 6.88 | 05/15/30 | 63,000 | 61,971 | ||||||||||
| goeasy Ltd.(1) | 6.88 | 02/15/31 | 75,000 | 73,346 | ||||||||||
| goeasy Ltd.(1) | 7.38 | 10/01/30 | 65,000 | 65,099 | ||||||||||
| goeasy Ltd.(1) | 7.63 | 07/01/29 | 105,000 | 105,843 | ||||||||||
| goeasy Ltd.(1) | 9.25 | 12/01/28 | 100,000 | 103,738 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 60,000 | 60,393 | ||||||||||
| Hightower Holding LLC(1) | 9.13 | 01/31/30 | 60,000 | 64,611 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 98,000 | 95,307 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 280,000 | 285,162 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.75 | 05/01/33 | 345,000 | 360,159 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 7.13 | 04/30/31 | 240,000 | 252,037 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 172,000 | 162,982 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 6.63 | 10/15/31 | 80,000 | 78,889 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 8.25 | 05/15/30 | 85,000 | 88,198 | ||||||||||
| Jefferson Capital Holdings LLC(1) | 9.50 | 02/15/29 | 65,000 | 68,536 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 85,000 | 79,347 | ||||||||||
| LD Holdings Group LLC(1) | 8.75 | 11/01/27 | 54,000 | 53,316 | ||||||||||
| LFS Topco LLC(1) | 8.75 | 07/15/30 | 65,000 | 63,687 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 65,000 | 61,153 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 175,000 | 172,011 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 85,000 | 83,191 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 38.7% (Continued) | ||||||||||||||
| Navient Corp. | 5.00 | 03/15/27 | $ | 125,000 | $ | 124,349 | ||||||||
| Navient Corp. | 5.50 | 03/15/29 | 130,000 | 127,977 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 104,000 | 94,250 | ||||||||||
| Navient Corp. | 7.88 | 06/15/32 | 85,000 | 87,922 | ||||||||||
| Navient Corp. | 9.38 | 07/25/30 | 80,000 | 87,965 | ||||||||||
| Navient Corp. | 11.50 | 03/15/31 | 80,000 | 89,808 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 125,000 | 123,060 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 98,000 | 94,636 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 147,000 | 136,842 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 120,000 | 119,149 | ||||||||||
| OneMain Finance Corp. | 6.13 | 05/15/30 | 130,000 | 131,610 | ||||||||||
| OneMain Finance Corp. | 6.50 | 03/15/33 | 135,000 | 134,829 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 130,000 | 133,392 | ||||||||||
| OneMain Finance Corp. | 6.63 | 05/15/29 | 155,000 | 159,589 | ||||||||||
| OneMain Finance Corp. | 6.75 | 03/15/32 | 95,000 | 96,527 | ||||||||||
| OneMain Finance Corp. | 7.13 | 11/15/31 | 130,000 | 134,827 | ||||||||||
| OneMain Finance Corp. | 7.13 | 09/15/32 | 140,000 | 144,672 | ||||||||||
| OneMain Finance Corp. | 7.50 | 05/15/31 | 129,000 | 134,861 | ||||||||||
| OneMain Finance Corp. | 7.88 | 03/15/30 | 120,000 | 126,569 | ||||||||||
| Osaic Holdings, Inc.(1) | 6.75 | 08/01/32 | 90,000 | 93,043 | ||||||||||
| Osaic Holdings, Inc.(1) | 8.00 | 08/01/33 | 65,000 | 66,753 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 65,000 | 64,625 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 115,000 | 111,747 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 85,000 | 84,861 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.75 | 02/15/34 | 110,000 | 112,844 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.88 | 05/15/32 | 140,000 | 146,144 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.88 | 02/15/33 | 150,000 | 155,328 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.13 | 11/15/30 | 105,000 | 110,028 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.88 | 12/15/29 | 130,000 | 138,253 | ||||||||||
| PHH Escrow Issuer LLC/PHH Corp.(1) | 9.88 | 11/01/29 | 85,000 | 85,413 | ||||||||||
| Phoenix Aviation Capital Ltd.(1) | 9.25 | 07/15/30 | 105,000 | 110,705 | ||||||||||
| Planet Financial Group LLC(1) | 10.50 | 12/15/29 | 105,000 | 108,913 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 57,000 | 51,901 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 62,000 | 62,977 | ||||||||||
| PRA Group, Inc.(1) | 8.88 | 01/31/30 | 100,000 | 101,595 | ||||||||||
| Provident Funding Associates LP/PFG Finance Corp.(1) | 9.75 | 09/15/29 | 90,000 | 94,920 | ||||||||||
| RFNA LP(1) | 7.88 | 02/15/30 | 85,000 | 84,716 | ||||||||||
| Rocket Cos, Inc.(1) | 6.13 | 08/01/30 | 330,000 | 340,611 | ||||||||||
| Rocket Cos, Inc.(1) | 6.38 | 08/01/33 | 350,000 | 365,043 | ||||||||||
| Rocket Cos, Inc.(1) | 6.50 | 08/01/29 | 135,000 | 140,195 | ||||||||||
| Rocket Cos, Inc.(1) | 7.13 | 02/01/32 | 160,000 | 168,114 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 125,000 | 120,185 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 214,000 | 201,345 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 140,000 | 129,039 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 85,000 | 83,570 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 85,000 | 88,194 | ||||||||||
| StoneX Escrow Issuer LLC(1) | 6.88 | 07/15/32 | 105,000 | 108,729 | ||||||||||
| StoneX Group, Inc.(1) | 7.88 | 03/01/31 | 95,000 | 100,696 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 38.7% (Continued) | ||||||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | $ | 130,000 | $ | 137,866 | ||||||||
| TrueNoord Capital DAC(1) | 8.75 | 03/01/30 | 65,000 | 68,525 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 125,000 | 123,195 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 83,000 | 83,261 | ||||||||||
| UWM Holdings LLC(1) | 6.25 | 03/15/31 | 170,000 | 169,800 | ||||||||||
| UWM Holdings LLC(1) | 6.63 | 02/01/30 | 140,000 | 142,750 | ||||||||||
| VFH Parent LLC/Valor Co.-Issuer, Inc.(1) | 7.50 | 06/15/31 | 85,000 | 89,030 | ||||||||||
| 12,882,896 | ||||||||||||||
| ELECTRIC – 0.4% | ||||||||||||||
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC(1) | 6.38 | 02/15/32 | 125,000 | 126,375 | ||||||||||
| INSURANCE – 18.7% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | 115,000 | 110,492 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 82,000 | 81,252 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.75 | 07/01/32 | 95,000 | 97,492 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 7.50 | 11/06/30 | 190,000 | 196,660 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.25 | 02/01/29 | 160,000 | 166,802 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.50 | 06/15/29 | 85,000 | 89,297 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 4.25 | 10/15/27 | 122,000 | 120,234 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 5.88 | 11/01/29 | 72,000 | 71,858 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.50 | 10/01/31 | 175,000 | 179,679 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 10/15/27 | 230,000 | 231,030 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 04/15/28 | 216,000 | 220,075 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.00 | 01/15/31 | 250,000 | 259,174 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.38 | 10/01/32 | 115,000 | 118,801 | ||||||||||
| American National Group, Inc. | 7.00 | 12/01/55 | 85,000 | 87,154 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 140,000 | 135,336 | ||||||||||
| AmWINS Group, Inc.(1) | 6.38 | 02/15/29 | 125,000 | 127,496 | ||||||||||
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc.(1) | 7.50 | 07/15/33 | 60,000 | 61,870 | ||||||||||
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Inves(1) | 7.88 | 11/01/29 | 130,000 | 134,001 | ||||||||||
| Ardonagh FinCo. Ltd.(1) | 7.75 | 02/15/31 | 220,000 | 230,316 | ||||||||||
| Ardonagh Group Finance Ltd.(1) | 8.88 | 02/15/32 | 260,000 | 271,557 | ||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 70,000 | 71,979 | ||||||||||
| Baldwin Insurance Group Holdings LLC/Baldwin Insurance Group Holdings Finance(1) | 7.13 | 05/15/31 | 100,000 | 102,711 | ||||||||||
| Broadstreet Partners Group LLC(1) | 5.88 | 04/15/29 | 120,000 | 119,666 | ||||||||||
| Fidelis Insurance Holdings Ltd. | 7.75 | 06/15/55 | 70,000 | 75,956 | ||||||||||
| Global Atlantic Finance Co.(1) | 7.95 | 10/15/54 | 95,000 | 99,465 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 7.25 | 02/15/31 | 170,000 | 175,371 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 8.13 | 02/15/32 | 85,000 | 87,815 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 90,000 | 89,804 | ||||||||||
| HUB International Ltd.(1) | 7.25 | 06/15/30 | 560,000 | 585,056 | ||||||||||
| HUB International Ltd.(1) | 7.38 | 01/31/32 | 325,000 | 337,040 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 6.88 | 10/01/33 | 65,000 | 64,451 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 124,000 | 130,328 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 85,000 | 83,107 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 18.7% (Continued) | ||||||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | $ | 140,000 | $ | 90,033 | ||||||||
| Liberty Mutual Group, Inc.(1) | 7.80 | 03/15/37 | 70,000 | 80,425 | ||||||||||
| Nassau Cos of New York(1) | 7.88 | 07/15/30 | 75,000 | 76,551 | ||||||||||
| Panther Escrow Issuer LLC(1) | 7.13 | 06/01/31 | 510,000 | 527,494 | ||||||||||
| Ryan Specialty LLC(1) | 4.38 | 02/01/30 | 65,000 | 63,624 | ||||||||||
| Ryan Specialty LLC(1) | 5.88 | 08/01/32 | 210,000 | 213,692 | ||||||||||
| USI, Inc./NY(1) | 7.50 | 01/15/32 | 105,000 | 108,844 | ||||||||||
| Wilton RE Ltd.(1),(2) | 6.00 | - | 65,000 | 64,537 | ||||||||||
| 6,238,525 | ||||||||||||||
| INVESTMENT COMPANIES – 2.7% | ||||||||||||||
| BlackRock TCP Capital Corp. | 6.95 | 05/30/29 | 55,000 | 55,874 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | 125,000 | 107,988 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 235,000 | 231,086 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.00 | 06/15/30 | 125,000 | 120,434 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.75 | 01/15/29 | 115,000 | 115,552 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp.(1) | 10.00 | 11/15/29 | 160,000 | 160,786 | ||||||||||
| Prospect Capital Corp. | 3.36 | 11/15/26 | 45,000 | 43,617 | ||||||||||
| Prospect Capital Corp. | 3.44 | 10/15/28 | 60,000 | 54,024 | ||||||||||
| 889,361 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 22.2% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 87,000 | 83,807 | ||||||||||
| Arbor Realty SR, Inc.(1) | 7.88 | 07/15/30 | 85,000 | 86,522 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 52,000 | 51,055 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 7.75 | 12/01/29 | 85,000 | 89,644 | ||||||||||
| Brandywine Operating Partnership LP | 3.95 | 11/15/27 | 85,000 | 83,743 | ||||||||||
| Brandywine Operating Partnership LP | 4.55 | 10/01/29 | 55,000 | 52,908 | ||||||||||
| Brandywine Operating Partnership LP | 6.13 | 01/15/31 | 50,000 | 50,250 | ||||||||||
| Brandywine Operating Partnership LP | 8.30 | 03/15/28 | 55,000 | 58,788 | ||||||||||
| Brandywine Operating Partnership LP | 8.88 | 04/12/29 | 95,000 | 103,267 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 4.50 | 04/01/27 | 86,000 | 84,771 | ||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 85,000 | 74,679 | ||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 85,000 | 81,170 | ||||||||||
| Diversified Healthcare Trust(1) | 7.25 | 10/15/30 | 65,000 | 65,733 | ||||||||||
| EF Holdco/EF Cayman Hold/Ellington Fin REIT Cayman/TRS/EF Cayman Non-MTM(1) | 7.38 | 09/30/30 | 70,000 | 70,270 | ||||||||||
| Hudson Pacific Properties LP | 3.25 | 01/15/30 | 70,000 | 59,842 | ||||||||||
| Hudson Pacific Properties LP | 3.95 | 11/01/27 | 65,000 | 62,285 | ||||||||||
| Hudson Pacific Properties LP | 4.65 | 04/01/29 | 85,000 | 78,334 | ||||||||||
| Hudson Pacific Properties LP | 5.95 | 02/15/28 | 60,000 | 58,730 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 129,000 | 124,823 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 185,000 | 177,590 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 167,000 | 166,596 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 175,000 | 172,841 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 80,000 | 79,610 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 140,000 | 140,024 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 220,000 | 219,157 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 105,000 | 105,066 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 22.2% (Continued) | ||||||||||||||
| Iron Mountain, Inc.(1) | 6.25 | 01/15/33 | $ | 205,000 | $ | 209,844 | ||||||||
| Iron Mountain, Inc.(1) | 7.00 | 02/15/29 | 175,000 | 180,377 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | 105,000 | 104,018 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 112,000 | 109,910 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | 5.50 | 08/01/30 | 85,000 | 86,642 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 7.00 | 07/15/31 | 80,000 | 84,097 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 218,000 | 154,159 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 157,000 | 128,546 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 240,000 | 231,102 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp.(1) | 8.50 | 02/15/32 | 255,000 | 267,408 | ||||||||||
| Office Properties Income Trust(1),(3) | 9.00 | 03/31/29 | 50,000 | 50,995 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, inc.(1) | 7.00 | 02/01/30 | 95,000 | 97,359 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 4.88 | 05/15/29 | 125,000 | 121,618 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer, Inc.(1) | 5.88 | 10/01/28 | 125,000 | 124,978 | ||||||||||
| Pebblebrook Hotel LP/PEB Finance Corp.(1) | 6.38 | 10/15/29 | 65,000 | 65,678 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 97,000 | 95,500 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 120,000 | 119,815 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 04/01/32 | 180,000 | 185,334 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 06/15/33 | 105,000 | 108,449 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 7.25 | 07/15/28 | 65,000 | 67,068 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 04/01/29 | 130,000 | 132,738 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 07/15/30 | 90,000 | 91,309 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 85,000 | 80,330 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 260,000 | 245,985 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 251,000 | 248,349 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 72,000 | 67,054 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 65,000 | 54,776 | ||||||||||
| Service Properties Trust | 4.95 | 02/15/27 | 65,000 | 64,881 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 70,000 | 60,565 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 80,000 | 77,977 | ||||||||||
| Service Properties Trust | 8.38 | 06/15/29 | 120,000 | 119,320 | ||||||||||
| Service Properties Trust(1) | 8.63 | 11/15/31 | 170,000 | 179,466 | ||||||||||
| Service Properties Trust | 8.88 | 06/15/32 | 85,000 | 83,975 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 85,000 | 84,296 | ||||||||||
| Starwood Property Trust, Inc.(1) | 5.25 | 10/15/28 | 90,000 | 90,382 | ||||||||||
| Starwood Property Trust, Inc.(1) | 5.75 | 01/15/31 | 90,000 | 91,383 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.00 | 04/15/30 | 65,000 | 66,512 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 07/01/30 | 90,000 | 93,709 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 10/15/30 | 80,000 | 83,434 | ||||||||||
| Starwood Property Trust, Inc.(1) | 7.25 | 04/01/29 | 105,000 | 110,719 | ||||||||||
| Vornado Realty LP | 3.40 | 06/01/31 | 55,000 | 49,595 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 90,000 | 88,056 | ||||||||||
| XHR LP(1) | 6.63 | 05/15/30 | 60,000 | 61,318 | ||||||||||
| 7,400,531 | ||||||||||||||
The accompanying notes are an integral part of these financial statements.
31
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 0.8% | ||||||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | $ | 85,000 | $ | 83,902 | ||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 93,000 | 93,457 | ||||||||||
| FirstCash, Inc.(1) | 6.88 | 03/01/32 | 85,000 | 88,305 | ||||||||||
| 265,664 | ||||||||||||||
| SOFTWARE – 1.7% | ||||||||||||||
| Pagaya US Holdings Co. LLC(1) | 8.88 | 08/01/30 | 85,000 | 77,167 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 340,000 | 340,417 | ||||||||||
| SS&C Technologies, Inc.(1) | 6.50 | 06/01/32 | 130,000 | 134,935 | ||||||||||
| 552,519 | ||||||||||||||
| TRANSPORTATION – 0.3% | ||||||||||||||
| Star Leasing Co. LLC(1) | 7.63 | 02/15/30 | 120,000 | 113,486 | ||||||||||
| TRUCKING & LEASING – 1.8% | ||||||||||||||
| FTAI Aviation Investors LLC(1) | 5.50 | 05/01/28 | 170,000 | 170,233 | ||||||||||
| FTAI Aviation Investors LLC(1) | 5.88 | 04/15/33 | 85,000 | 85,823 | ||||||||||
| FTAI Aviation Investors LLC(1) | 7.00 | 05/01/31 | 115,000 | 120,616 | ||||||||||
| FTAI Aviation Investors LLC(1) | 7.00 | 06/15/32 | 140,000 | 146,759 | ||||||||||
| FTAI Aviation Investors LLC(1) | 7.88 | 12/01/30 | 85,000 | 90,407 | ||||||||||
| 613,838 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $31,937,958) | 32,597,904 | |||||||||||||
| SHORT-TERM INVESTMENTS – 2.3% | ||||||||||||||
| TIME DEPOSITS – 2.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 758,601 | 758,601 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $758,601) | 758,601 | |||||||||||||
| TOTAL INVESTMENTS – 100.2% (Cost - $32,696,559) | $ | 33,356,505 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.2)% | (59,236 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 33,297,269 | ||||||||||||
|
(1)
|
Security was acquired and/or 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 October 31, 2025, amounts to $25,631,789 and represents 77.0% 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) | Defaulted security. Security has not paid its last interest payment and/or interest is not being accrued. |
The accompanying notes are an integral part of these financial statements.
32
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Energy Sector ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.8% | ||||||||||||||
| CHEMICALS – 0.5% | ||||||||||||||
| Consolidated Energy Finance SA(1) | 5.63 | 10/15/28 | $ | 40,000 | $ | 27,363 | ||||||||
| Consolidated Energy Finance SA(1) | 12.00 | 02/15/31 | 40,000 | 28,478 | ||||||||||
| 55,841 | ||||||||||||||
| GAS – 0.6% | ||||||||||||||
| AltaGas Ltd.(1) | 7.20 | 10/15/54 | 65,000 | 66,691 | ||||||||||
| OIL & GAS – 46.9% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 7.50 | 10/01/29 | 75,000 | 77,875 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 40,000 | 40,032 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 6.63 | 10/15/32 | 45,000 | 45,978 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 6.63 | 07/15/33 | 35,000 | 35,653 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 9.00 | 11/01/27 | 25,000 | 29,477 | ||||||||||
| Baytex Energy Corp.(1) | 7.38 | 03/15/32 | 45,000 | 44,346 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 55,000 | 56,429 | ||||||||||
| BKV Upstream Midstream LLC(1) | 7.50 | 10/15/30 | 35,000 | 35,080 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.00 | 11/15/28 | 89,024 | 89,459 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.38 | 11/15/30 | 46,359 | 46,465 | ||||||||||
| California Resources Corp.(1) | 7.00 | 01/15/34 | 30,000 | 29,892 | ||||||||||
| California Resources Corp.(1) | 8.25 | 06/15/29 | 65,000 | 67,661 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 25,000 | 24,966 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 9.75 | 07/15/28 | 25,000 | 24,625 | ||||||||||
| Caturus Energy LLC(1) | 8.50 | 02/15/30 | 35,000 | 35,784 | ||||||||||
| Chord Energy Corp.(1) | 6.00 | 10/01/30 | 55,000 | 55,165 | ||||||||||
| Chord Energy Corp.(1) | 6.75 | 03/15/33 | 55,000 | 56,211 | ||||||||||
| CITGO Petroleum Corp.(1) | 8.38 | 01/15/29 | 80,000 | 83,392 | ||||||||||
| Civitas Resources, Inc.(1) | 8.38 | 07/01/28 | 95,000 | 98,276 | ||||||||||
| Civitas Resources, Inc.(1) | 8.63 | 11/01/30 | 75,000 | 77,601 | ||||||||||
| Civitas Resources, Inc.(1) | 8.75 | 07/01/31 | 100,000 | 102,930 | ||||||||||
| Civitas Resources, Inc.(1) | 9.63 | 06/15/33 | 55,000 | 59,056 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 38,000 | 38,203 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/01/32 | 45,000 | 46,956 | ||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | 35,000 | 36,338 | ||||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 70,000 | 66,679 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 90,000 | 89,293 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 30,000 | 29,799 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.38 | 01/15/33 | 70,000 | 66,180 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.63 | 04/01/32 | 85,000 | 82,477 | ||||||||||
| Crescent Energy Finance LLC(1) | 8.38 | 01/15/34 | 45,000 | 44,057 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 33,000 | 34,224 | ||||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 30,000 | 29,711 | ||||||||||
| CVR Energy, Inc.(1) | 8.50 | 01/15/29 | 45,000 | 46,147 | ||||||||||
| Diamond Foreign Asset Co./Diamond Finance LLC(1) | 8.50 | 10/01/30 | 40,000 | 42,610 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 35,000 | 34,980 | ||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | 35,000 | 35,710 | ||||||||||
| Gulfport Energy Operating Corp.(1) | 6.75 | 09/01/29 | 45,000 | 46,002 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 45,000 | 44,188 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 31,000 | 30,251 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 45,000 | 42,776 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 46.9% (Continued) | ||||||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | $ | 45,000 | $ | 45,104 | ||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 40,000 | 38,007 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.88 | 05/15/34 | 35,000 | 33,284 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 7.25 | 02/15/35 | 75,000 | 72,318 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 8.38 | 11/01/33 | 45,000 | 46,594 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 8.13 | 10/15/29 | 55,000 | 57,802 | ||||||||||
| Kraken Oil & Gas Partners LLC(1) | 7.63 | 08/15/29 | 35,000 | 34,296 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.88 | 12/01/32 | 30,000 | 30,445 | ||||||||||
| Matador Resources Co.(1) | 6.25 | 04/15/33 | 50,000 | 50,051 | ||||||||||
| Matador Resources Co.(1) | 6.50 | 04/15/32 | 70,000 | 70,709 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 35,000 | 35,689 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 45,000 | 45,064 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 8.25 | 09/01/31 | 55,000 | 53,141 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/42 | 25,000 | 21,305 | ||||||||||
| Murphy Oil Corp. | 6.00 | 10/01/32 | 45,000 | 44,391 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 30,000 | 30,159 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 38,000 | 38,596 | ||||||||||
| Nabors Industries, Inc.(1) | 8.88 | 08/15/31 | 40,000 | 38,049 | ||||||||||
| Nabors Industries, Inc.(1) | 9.13 | 01/31/30 | 50,000 | 52,583 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 100,000 | 103,855 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 7.88 | 10/15/33 | 55,000 | 53,617 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.75 | 06/15/31 | 35,000 | 35,715 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 55,000 | 53,272 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 61,000 | 59,227 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 40,000 | 40,066 | ||||||||||
| Parkland Corp.(1) | 6.63 | 08/15/32 | 35,000 | 35,853 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 60,000 | 59,602 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 7.88 | 09/15/30 | 35,000 | 35,188 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 9.88 | 03/15/30 | 60,000 | 63,656 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 47,000 | 47,077 | ||||||||||
| Permian Resources Operating LLC(1) | 6.25 | 02/01/33 | 75,000 | 76,385 | ||||||||||
| Permian Resources Operating LLC(1) | 7.00 | 01/15/32 | 70,000 | 72,678 | ||||||||||
| Permian Resources Operating LLC(1) | 8.00 | 04/15/27 | 40,000 | 40,576 | ||||||||||
| Permian Resources Operating LLC(1) | 9.88 | 07/15/31 | 27,000 | 29,294 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 30,000 | 30,190 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 38,000 | 37,211 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 40,000 | 40,832 | ||||||||||
| Saturn Oil & Gas, Inc.(1) | 9.63 | 06/15/29 | 41,000 | 41,519 | ||||||||||
| Seadrill Finance Ltd.(1) | 8.38 | 08/01/30 | 40,000 | 40,953 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 30,000 | 30,285 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 30,000 | 30,113 | ||||||||||
| SM Energy Co.(1) | 6.75 | 08/01/29 | 55,000 | 54,926 | ||||||||||
| SM Energy Co.(1) | 7.00 | 08/01/32 | 55,000 | 53,859 | ||||||||||
| Sunoco LP(1) | 5.63 | 03/15/31 | 70,000 | 70,089 | ||||||||||
| Sunoco LP(1) | 5.88 | 03/15/34 | 65,000 | 65,031 | ||||||||||
| Sunoco LP(1) | 6.25 | 07/01/33 | 75,000 | 76,677 | ||||||||||
| Sunoco LP(1) | 7.00 | 05/01/29 | 55,000 | 57,375 | ||||||||||
| Sunoco LP(1) | 7.25 | 05/01/32 | 60,000 | 63,308 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 46.9% (Continued) | ||||||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | $ | 60,000 | $ | 58,881 | ||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | 60,000 | 58,167 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 30,000 | 30,170 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 45,000 | 45,164 | ||||||||||
| Sunoco LP/Sunoco Finance Corp.(1) | 7.00 | 09/15/28 | 30,000 | 31,046 | ||||||||||
| Talos Production, Inc.(1) | 9.00 | 02/01/29 | 45,000 | 46,300 | ||||||||||
| Talos Production, Inc.(1) | 9.38 | 02/01/31 | 45,000 | 46,069 | ||||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 30,000 | 29,952 | ||||||||||
| TGNR Intermediate Holdings LLC(1) | 5.50 | 10/15/29 | 50,000 | 48,508 | ||||||||||
| Transocean Aquila Ltd.(1) | 8.00 | 09/30/28 | 18,077 | 18,630 | ||||||||||
| Transocean International Ltd. | 6.80 | 03/15/38 | 45,000 | 39,492 | ||||||||||
| Transocean International Ltd. | 7.50 | 04/15/31 | 30,000 | 28,706 | ||||||||||
| Transocean International Ltd.(1) | 7.88 | 10/15/32 | 40,000 | 41,232 | ||||||||||
| Transocean International Ltd.(1) | 8.25 | 05/15/29 | 65,000 | 65,435 | ||||||||||
| Transocean International Ltd.(1) | 8.50 | 05/15/31 | 65,000 | 64,587 | ||||||||||
| Transocean International Ltd.(1) | 8.75 | 02/15/30 | 60,000 | 63,006 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 32,381 | 33,298 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 80,000 | 83,621 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 26,000 | 24,772 | ||||||||||
| Vermilion Energy, Inc.(1) | 7.25 | 02/15/33 | 30,000 | 27,733 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 24,000 | 23,617 | ||||||||||
| Vital Energy, Inc.(1) | 7.88 | 04/15/32 | 75,000 | 71,048 | ||||||||||
| Vital Energy, Inc. | 9.75 | 10/15/30 | 20,000 | 20,607 | ||||||||||
| W&T Offshore, Inc.(1) | 10.75 | 02/01/29 | 25,000 | 23,572 | ||||||||||
| Wildfire Intermediate Holdings LLC(1) | 7.50 | 10/15/29 | 45,000 | 45,021 | ||||||||||
| 5,507,584 | ||||||||||||||
| OIL & GAS SERVICES – 7.8% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 55,000 | 55,271 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.63 | 09/01/32 | 50,000 | 51,434 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 25,000 | 25,097 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 30,000 | 30,091 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 39,000 | 39,937 | ||||||||||
| Helix Energy Solutions Group, Inc.(1) | 9.75 | 03/01/29 | 20,000 | 21,155 | ||||||||||
| Kodiak Gas Services LLC(1) | 6.50 | 10/01/33 | 55,000 | 56,397 | ||||||||||
| Kodiak Gas Services LLC(1) | 6.75 | 10/01/35 | 45,000 | 46,371 | ||||||||||
| Kodiak Gas Services LLC(1) | 7.25 | 02/15/29 | 55,000 | 57,149 | ||||||||||
| Nine Energy Service, Inc. | 13.00 | 02/01/28 | 25,000 | 11,729 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 25,000 | 25,252 | ||||||||||
| SESI LLC(1) | 7.88 | 09/30/30 | 45,000 | 44,194 | ||||||||||
| TGS ASA(1) | 8.50 | 01/15/30 | 40,000 | 41,570 | ||||||||||
| Tidewater, Inc.(1) | 9.13 | 07/15/30 | 50,000 | 53,408 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 6.25 | 10/01/33 | 55,000 | 55,248 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 7.13 | 03/15/29 | 75,000 | 77,510 | ||||||||||
| Viridien(1) | 10.00 | 10/15/30 | 30,000 | 31,458 | ||||||||||
| WBI Operating LLC(1) | 6.25 | 10/15/30 | 60,000 | 59,985 | ||||||||||
| WBI Operating LLC(1) | 6.50 | 10/15/33 | 45,000 | 45,029 | ||||||||||
| Weatherford International Ltd.(1) | 6.75 | 10/15/33 | 90,000 | 92,037 | ||||||||||
| 920,322 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 41.4% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | $ | 53,000 | $ | 53,006 | ||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 50,000 | 50,114 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 10/15/33 | 50,000 | 49,961 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 6.63 | 02/01/32 | 45,000 | 46,627 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.00 | 07/15/29 | 40,000 | 41,529 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.25 | 07/15/32 | 35,000 | 36,841 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 45,000 | 44,638 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 30,000 | 29,684 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 40,000 | 39,711 | ||||||||||
| Buckeye Partners LP | 5.60 | 10/15/44 | 20,000 | 18,547 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 30,000 | 28,175 | ||||||||||
| Buckeye Partners LP(1) | 6.75 | 02/01/30 | 35,000 | 36,558 | ||||||||||
| Buckeye Partners LP(1) | 6.88 | 07/01/29 | 45,000 | 46,638 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 30,000 | 28,745 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 100,000 | 99,006 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 7.50 | 12/15/33 | 40,000 | 43,435 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | 30,000 | 30,264 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.38 | 06/30/33 | 50,000 | 50,770 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 8.63 | 03/15/29 | 75,000 | 78,326 | ||||||||||
| Energy Transfer LP | 6.50 | 02/15/56 | 85,000 | 84,308 | ||||||||||
| Energy Transfer LP | 6.75 | 02/15/56 | 60,000 | 60,235 | ||||||||||
| Energy Transfer LP | 7.13 | 10/01/54 | 30,000 | 31,033 | ||||||||||
| Energy Transfer LP | 8.00 | 05/15/54 | 60,000 | 64,108 | ||||||||||
| Excelerate Energy LP(1) | 8.00 | 05/15/30 | 60,000 | 63,393 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 50,000 | 50,344 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.88 | 05/15/32 | 50,000 | 51,538 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 05/15/33 | 45,000 | 46,523 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25 | 01/15/29 | 45,000 | 47,044 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.88 | 04/15/30 | 35,000 | 36,913 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 6.88 | 01/15/29 | 25,000 | 25,322 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 7.13 | 07/01/33 | 35,000 | 35,534 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 8.25 | 01/15/32 | 30,000 | 31,388 | ||||||||||
| Golar LNG Ltd.(1) | 7.50 | 10/02/30 | 35,000 | 34,625 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 60,000 | 60,880 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 05/15/32 | 35,000 | 36,299 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 55,000 | 53,614 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 40,000 | 39,936 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 30,000 | 30,221 | ||||||||||
| Hess Midstream Operations LP(1) | 5.88 | 03/01/28 | 60,000 | 61,274 | ||||||||||
| Hess Midstream Operations LP(1) | 6.50 | 06/01/29 | 40,000 | 41,478 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 6.63 | 01/15/34 | 55,000 | 56,722 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 7.38 | 07/15/32 | 45,000 | 47,197 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 91,000 | 88,222 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 75,000 | 75,618 | ||||||||||
| Kinetik Holdings LP(1) | 6.63 | 12/15/28 | 75,000 | 77,080 | ||||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | 30,000 | 30,877 | ||||||||||
| NFE Financing LLC(1) | 12.00 | 11/15/29 | 190,000 | 46,492 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.13 | 02/15/29 | 65,000 | 66,583 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 41.4% (Continued) | ||||||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.38 | 02/15/32 | $ | 95,000 | $ | 97,222 | ||||||||
| Northriver Midstream Finance LP(1) | 6.75 | 07/15/32 | 45,000 | 45,893 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 38,000 | 38,349 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 45,000 | 46,903 | ||||||||||
| Prairie Acquiror LP(1) | 9.00 | 08/01/29 | 30,000 | 30,904 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | 25,000 | 24,538 | ||||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 35,000 | 34,812 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.75 | 03/15/33 | 40,000 | 41,916 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.88 | 04/15/40 | 40,000 | 41,277 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 15,000 | 16,320 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd. | 7.50 | 03/01/55 | 45,000 | 48,179 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd. | 7.63 | 03/01/55 | 35,000 | 36,470 | ||||||||||
| Summit Midstream Holdings LLC(1) | 8.63 | 10/31/29 | 60,000 | 61,088 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 55,000 | 54,705 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 55,000 | 54,623 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 36,000 | 35,532 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.75 | 03/15/34 | 50,000 | 49,656 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.38 | 02/15/29 | 55,000 | 56,657 | ||||||||||
| TransMontaigne Partners LLC(1) | 8.50 | 06/15/30 | 35,000 | 36,669 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 90,000 | 85,319 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 92,000 | 81,276 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 90,000 | 83,278 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 75,000 | 76,569 | ||||||||||
| Venture Global LNG, Inc.(1) | 7.00 | 01/15/30 | 110,000 | 111,387 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.13 | 06/01/28 | 165,000 | 170,074 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.38 | 06/01/31 | 165,000 | 169,540 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.50 | 02/01/29 | 220,000 | 236,915 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.88 | 02/01/32 | 145,000 | 154,973 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 6.50 | 01/15/34 | 150,000 | 157,213 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 6.75 | 01/15/36 | 150,000 | 158,962 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.50 | 05/01/33 | 85,000 | 93,534 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.75 | 05/01/35 | 90,000 | 101,619 | ||||||||||
| 4,859,748 | ||||||||||||||
| RETAIL – 0.6% | ||||||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 45,000 | 43,670 | ||||||||||
| Vivo Energy Investments BV(1) | 5.13 | 09/24/27 | 25,000 | 24,962 | ||||||||||
| 68,632 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $11,530,432) | 11,478,818 | |||||||||||||
| SHORT-TERM INVESTMENTS – 3.1% | ||||||||||||||
| TIME DEPOSITS – 3.1% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | 361,952 | 361,952 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $361,952) | 361,952 | |||||||||||||
| TOTAL INVESTMENTS – 100.9% (Cost - $11,892,384) | $ | 11,840,770 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.9)% | (103,326 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 11,737,444 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $10,145,809 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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 99.1% | ||||||||||||||
| APPAREL – 3.0% | ||||||||||||||
| Champ Acquisition Corp.(1) | 8.38 | 12/01/31 | $ | 80,000 | $ | 85,406 | ||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | 57,000 | 52,405 | ||||||||||
| Crocs, Inc.(1) | 4.25 | 03/15/29 | 60,000 | 57,837 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 100,000 | 105,566 | ||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 63,000 | 59,926 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 75,000 | 69,598 | ||||||||||
| Under Armour, Inc.(1) | 7.25 | 07/15/30 | 65,000 | 64,322 | ||||||||||
| VF Corp. | 2.80 | 04/23/27 | 75,000 | 73,089 | ||||||||||
| VF Corp. | 2.95 | 04/23/30 | 120,000 | 105,647 | ||||||||||
| VF Corp. | 6.00 | 10/15/33 | 40,000 | 38,611 | ||||||||||
| VF Corp. | 6.45 | 11/01/37 | 50,000 | 46,939 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 80,000 | 80,112 | ||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 90,000 | 82,513 | ||||||||||
| 921,971 | ||||||||||||||
| AUTO MANUFACTURERS – 8.6% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | 165,000 | 152,483 | ||||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 65,000 | 64,830 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 77,000 | 77,716 | ||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.00 | 03/31/29 | 165,000 | 146,914 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | 85,000 | 83,869 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | 67,000 | 67,023 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 90,000 | 90,106 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.45 | 09/15/28 | 60,000 | 55,116 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.75 | 03/09/28 | 100,000 | 93,925 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.30 | 09/13/27 | 65,000 | 64,756 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.55 | 09/13/29 | 50,000 | 49,751 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.63 | 09/29/28 | 115,000 | 114,996 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 6.13 | 09/30/30 | 200,000 | 198,428 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 7.05 | 09/15/28 | 115,000 | 119,717 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.35 | 09/17/27 | 400,000 | 392,206 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.81 | 09/17/30 | 405,000 | 380,126 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 7.50 | 07/17/30 | 165,000 | 172,767 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 7.75 | 07/17/32 | 115,000 | 121,533 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 8.13 | 07/17/35 | 205,000 | 218,190 | ||||||||||
| 2,664,452 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 11.9% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 70,000 | 71,700 | ||||||||||
| Adient Global Holdings Ltd.(1) | 7.50 | 02/15/33 | 130,000 | 134,512 | ||||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 90,000 | 94,090 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 100,000 | 95,113 | ||||||||||
| American Axle & Manufacturing, Inc.(1) | 6.38 | 10/15/32 | 140,000 | 140,523 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 75,000 | 75,000 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 36,000 | 36,097 | ||||||||||
| American Axle & Manufacturing, Inc.(1) | 7.75 | 10/15/33 | 205,000 | 205,500 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 6.88 | 12/15/54 | 75,000 | 76,681 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 115,000 | 117,876 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO PARTS & EQUIPMENT – 11.9% (Continued) | ||||||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 02/15/30 | $ | 165,000 | $ | 171,166 | ||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 09/15/32 | 195,000 | 199,671 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 62,000 | 61,202 | ||||||||||
| Dana, Inc. | 4.50 | 02/15/32 | 58,000 | 56,822 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 79,000 | 78,986 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 49,000 | 48,986 | ||||||||||
| Forvia SE(1) | 6.75 | 09/15/33 | 75,000 | 76,145 | ||||||||||
| Forvia SE(1) | 8.00 | 06/15/30 | 80,000 | 85,079 | ||||||||||
| Garrett Motion Holdings, Inc./Garrett LX I Sarl(1) | 7.75 | 05/31/32 | 125,000 | 131,667 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 115,000 | 114,231 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 140,000 | 133,378 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 88,000 | 81,274 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 97,000 | 88,520 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 74,000 | 66,774 | ||||||||||
| Goodyear Tire & Rubber Co. | 6.63 | 07/15/30 | 75,000 | 74,562 | ||||||||||
| Phinia, Inc.(1) | 6.63 | 10/15/32 | 75,000 | 77,224 | ||||||||||
| Phinia, Inc.(1) | 6.75 | 04/15/29 | 81,000 | 83,662 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 100,000 | 59,899 | ||||||||||
| Tenneco, Inc.(1) | 8.00 | 11/17/28 | 305,000 | 304,404 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.75 | 04/23/30 | 130,000 | 123,866 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 100,000 | 100,678 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/23/32 | 120,000 | 109,637 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 90,000 | 87,689 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.50 | 03/24/31 | 240,000 | 230,980 | ||||||||||
| 3,693,594 | ||||||||||||||
| COMMERCIAL SERVICES – 2.1% | ||||||||||||||
| Belron UK Finance PLC(1) | 5.75 | 10/15/29 | 175,000 | 177,430 | ||||||||||
| Champions Financing, Inc.(1) | 8.75 | 02/15/29 | 100,000 | 97,039 | ||||||||||
| Mavis Tire Express Services Topco Corp.(1) | 6.50 | 05/15/29 | 111,000 | 109,901 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 70,000 | 67,923 | ||||||||||
| Wand NewCo 3, Inc.(1) | 7.63 | 01/30/32 | 205,000 | 214,455 | ||||||||||
| 666,748 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.5% | ||||||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 75,000 | 72,990 | ||||||||||
| Velocity Vehicle Group LLC(1) | 8.00 | 06/01/29 | 80,000 | 78,740 | ||||||||||
| 151,730 | ||||||||||||||
| ENTERTAINMENT – 20.3% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 90,000 | 45,229 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 60,000 | 51,067 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 112,000 | 109,908 | ||||||||||
| Brightstar Lottery PLC(1) | 5.25 | 01/15/29 | 125,000 | 124,765 | ||||||||||
| Brightstar Lottery PLC(1) | 6.25 | 01/15/27 | 123,000 | 124,295 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 195,000 | 183,584 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.00 | 10/15/32 | 175,000 | 167,097 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.50 | 02/15/32 | 240,000 | 242,148 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 323,000 | 332,543 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENTERTAINMENT – 20.3% (Continued) | ||||||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | $ | 115,000 | $ | 114,037 | ||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 101,000 | 101,027 | ||||||||||
| Churchill Downs, Inc.(1) | 5.75 | 04/01/30 | 187,000 | 187,781 | ||||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | 100,000 | 102,369 | ||||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 126,000 | 125,505 | ||||||||||
| Cinemark USA, Inc.(1) | 7.00 | 08/01/32 | 75,000 | 77,811 | ||||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 58,000 | 57,486 | ||||||||||
| Great Canadian Gaming Corp./Raptor LLC(1) | 8.75 | 11/15/29 | 85,000 | 83,182 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 80,000 | 77,552 | ||||||||||
| Light & Wonder International, Inc.(1) | 6.25 | 10/01/33 | 155,000 | 154,467 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.25 | 11/15/29 | 81,000 | 83,152 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.50 | 09/01/31 | 90,000 | 93,485 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 85,000 | 83,151 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | 151,000 | 150,621 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 197,000 | 198,824 | ||||||||||
| Merlin Entertainments Group US Holdings, Inc.(1) | 7.38 | 02/15/31 | 80,000 | 67,115 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 122,000 | 118,509 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 8.25 | 04/15/30 | 115,000 | 119,457 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 11.88 | 04/15/31 | 115,000 | 120,218 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 70,000 | 67,797 | ||||||||||
| Motion FinCo. Sarl(1) | 8.38 | 02/15/32 | 60,000 | 50,530 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 60,000 | 62,043 | ||||||||||
| Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.(1) | 8.00 | 08/01/30 | 65,000 | 64,171 | ||||||||||
| Penn Entertainment, Inc.(1) | 4.13 | 07/01/29 | 67,000 | 62,439 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 65,000 | 64,964 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 122,000 | 73,962 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 112,000 | 62,300 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 157,000 | 141,829 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 65,000 | 55,555 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 8.45 | 07/27/30 | 60,000 | 60,867 | ||||||||||
| Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.(1) | 6.63 | 02/01/33 | 100,000 | 101,139 | ||||||||||
| Rivers Enterprise Lender LLC/Rivers Enterprise Lender Corp.(1) | 6.25 | 10/15/30 | 95,000 | 95,834 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 133,000 | 121,595 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 117,000 | 114,833 | ||||||||||
| Six Flags Entertainment Corp.(1) | 5.50 | 04/15/27 | 75,000 | 74,839 | ||||||||||
| Six Flags Entertainment Corp.(1) | 7.25 | 05/15/31 | 135,000 | 135,446 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.25 | 07/15/29 | 75,000 | 72,132 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.38 | 04/15/27 | 80,000 | 79,699 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 6.50 | 10/01/28 | 47,000 | 47,114 | ||||||||||
| Six Flags Entertainment Corp./Six Flags Theme Parks, Inc./Canada’s Wonderland Co.(1) | 6.63 | 05/01/32 | 140,000 | 142,260 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 53,000 | 52,596 | ||||||||||
| Universal Entertainment Corp.(1) | 9.88 | 08/01/29 | 50,000 | 49,875 | ||||||||||
| Vail Resorts, Inc.(1) | 5.63 | 07/15/30 | 85,000 | 86,258 | ||||||||||
| Vail Resorts, Inc.(1) | 6.50 | 05/15/32 | 95,000 | 98,711 | ||||||||||
| Voyager Parent LLC(1) | 9.25 | 07/01/32 | 300,000 | 314,732 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENTERTAINMENT – 20.3% (Continued) | ||||||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | $ | 127,000 | $ | 127,051 | ||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 6.25 | 03/15/33 | 125,000 | 127,103 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 160,000 | 171,941 | ||||||||||
| 6,276,000 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.6% | ||||||||||||||
| Magnera Corp.(1) | 4.75 | 11/15/29 | 80,000 | 66,699 | ||||||||||
| Magnera Corp.(1) | 7.25 | 11/15/31 | 125,000 | 108,049 | ||||||||||
| 174,748 | ||||||||||||||
| HOME BUILDERS – 0.7% | ||||||||||||||
| Forestar Group, Inc.(1) | 5.00 | 03/01/28 | 45,000 | 44,998 | ||||||||||
| Forestar Group, Inc.(1) | 6.50 | 03/15/33 | 85,000 | 87,153 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 80,000 | 76,225 | ||||||||||
| 208,376 | ||||||||||||||
| INTERNET – 3.9% | ||||||||||||||
| GrubHub Holdings, Inc.(1) | 13.00 | 07/31/30 | 29,590 | 25,228 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | - | 165,000 | 159,406 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 8.13 | - | 90,000 | 94,114 | ||||||||||
| Rakuten Group, Inc.(1) | 9.75 | 04/15/29 | 325,000 | 364,831 | ||||||||||
| Rakuten Group, Inc.(1) | 11.25 | 02/15/27 | 285,000 | 308,221 | ||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 125,000 | 129,571 | ||||||||||
| Wayfair LLC(1) | 7.75 | 09/15/30 | 115,000 | 121,599 | ||||||||||
| 1,202,970 | ||||||||||||||
| LEISURE TIME – 12.5% | ||||||||||||||
| Carnival Corp.(1) | 5.13 | 05/01/29 | 195,000 | 197,533 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/15/30 | 165,000 | 170,057 | ||||||||||
| Carnival Corp.(1) | 5.75 | 08/01/32 | 485,000 | 498,838 | ||||||||||
| Carnival Corp.(1) | 5.88 | 06/15/31 | 165,000 | 170,292 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 317,000 | 321,755 | ||||||||||
| Carnival Corp.(1) | 6.13 | 02/15/33 | 320,000 | 330,197 | ||||||||||
| Kingpin Intermediate Holdings LLC(1) | 7.25 | 10/15/32 | 75,000 | 70,490 | ||||||||||
| Life Time, Inc.(1) | 6.00 | 11/15/31 | 80,000 | 81,174 | ||||||||||
| Lindblad Expeditions LLC(1) | 7.00 | 09/15/30 | 110,000 | 112,101 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 01/15/31 | 200,000 | 200,030 | ||||||||||
| NCL Corp. Ltd.(1) | 6.25 | 03/01/30 | 50,000 | 50,881 | ||||||||||
| NCL Corp. Ltd.(1) | 6.25 | 09/15/33 | 130,000 | 131,566 | ||||||||||
| NCL Corp. Ltd.(1) | 6.75 | 02/01/32 | 290,000 | 298,174 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 100,000 | 107,021 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 87,000 | 88,894 | ||||||||||
| Sabre GLBL, Inc.(1) | 8.63 | 06/01/27 | 52,000 | 52,314 | ||||||||||
| Sabre GLBL, Inc.(1) | 10.75 | 11/15/29 | 128,000 | 122,080 | ||||||||||
| Sabre GLBL, Inc.(1) | 11.13 | 07/15/30 | 220,000 | 208,175 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 10/15/33 | 270,000 | 274,642 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 80,000 | 80,502 | ||||||||||
| Viking Cruises Ltd.(1) | 9.13 | 07/15/31 | 120,000 | 128,645 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 57,000 | 56,979 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 110,000 | 109,949 | ||||||||||
| 3,862,289 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| LODGING – 11.9% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | $ | 165,000 | $ | 164,440 | ||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 148,000 | 142,617 | ||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 68,000 | 60,427 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 7.25 | 10/01/29 | 105,000 | 108,777 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 242,000 | 223,142 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 120,000 | 116,155 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 177,000 | 168,346 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 165,000 | 164,865 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 87,000 | 87,151 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 09/15/33 | 160,000 | 163,100 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 04/01/29 | 90,000 | 91,929 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 03/15/33 | 165,000 | 169,253 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 6.13 | 04/01/32 | 75,000 | 77,447 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 4.88 | 07/01/31 | 80,000 | 74,028 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 5.00 | 06/01/29 | 140,000 | 134,529 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 6.63 | 01/15/32 | 145,000 | 147,242 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 85,000 | 85,115 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 82,000 | 79,077 | ||||||||||
| Marriott Ownership Resorts, Inc. | 4.75 | 01/15/28 | 55,000 | 54,443 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 6.50 | 10/01/33 | 90,000 | 88,855 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 115,000 | 114,300 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 113,000 | 113,675 | ||||||||||
| MGM Resorts International | 6.13 | 09/15/29 | 140,000 | 142,634 | ||||||||||
| MGM Resorts International | 6.50 | 04/15/32 | 120,000 | 121,934 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 116,000 | 114,256 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 80,000 | 75,210 | ||||||||||
| Station Casinos LLC(1) | 6.63 | 03/15/32 | 75,000 | 76,283 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 120,000 | 116,902 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 42,000 | 40,856 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 60,000 | 60,879 | ||||||||||
| Travel + Leisure Co.(1) | 6.13 | 09/01/33 | 85,000 | 85,989 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 80,000 | 78,683 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 143,000 | 143,354 | ||||||||||
| 3,685,893 | ||||||||||||||
| OIL & GAS SERVICES – 0.2% | ||||||||||||||
| Star Holding LLC(1) | 8.75 | 08/01/31 | 55,000 | 53,229 | ||||||||||
| REAL ESTATE – 4.6% | ||||||||||||||
| Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.(1) | 7.00 | 04/15/30 | 105,200 | 106,046 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | 75,000 | 69,108 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 84,000 | 80,928 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 9.75 | 04/15/30 | 85,000 | 92,610 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 96,000 | 96,832 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 8.88 | 09/01/31 | 70,000 | 75,045 | ||||||||||
| Five Point Operating Co. LP(1) | 8.00 | 10/01/30 | 70,000 | 71,593 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 7.75 | 09/01/30 | 60,000 | 63,495 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 102,000 | 98,109 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 110,000 | 103,797 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE – 4.6% (Continued) | ||||||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | $ | 117,000 | $ | 116,887 | ||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 106,000 | 103,167 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 99,000 | 93,800 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 98,000 | 90,588 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 90,000 | 83,154 | ||||||||||
| Newmark Group, Inc. | 7.50 | 01/12/29 | 75,000 | 80,385 | ||||||||||
| 1,425,544 | ||||||||||||||
| RETAIL – 18.3% | ||||||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 58,000 | 58,336 | ||||||||||
| Advance Auto Parts, Inc. | 1.75 | 10/01/27 | 50,000 | 46,852 | ||||||||||
| Advance Auto Parts, Inc. | 3.50 | 03/15/32 | 60,000 | 52,025 | ||||||||||
| Advance Auto Parts, Inc. | 3.90 | 04/15/30 | 75,000 | 68,831 | ||||||||||
| Advance Auto Parts, Inc. | 5.95 | 03/09/28 | 50,000 | 50,746 | ||||||||||
| Advance Auto Parts, Inc.(1) | 7.00 | 08/01/30 | 160,000 | 161,570 | ||||||||||
| Advance Auto Parts, Inc.(1) | 7.38 | 08/01/33 | 160,000 | 162,152 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 55,000 | 54,589 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 135,000 | 131,242 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 75,000 | 73,371 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 91,000 | 87,703 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 62,000 | 62,472 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 142,000 | 146,150 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 45,000 | 45,973 | ||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | 95,000 | 98,506 | ||||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 130,000 | 136,155 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 45,000 | 46,675 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 80,000 | 82,366 | ||||||||||
| Cougar JV Subsidiary LLC(1) | 8.00 | 05/15/32 | 110,000 | 117,380 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 163,000 | 156,058 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 197,000 | 182,764 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 117,000 | 110,216 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 122,000 | 111,720 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.38 | 01/15/29 | 80,000 | 77,080 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.75 | 01/15/32 | 85,000 | 80,751 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 11.50 | 08/15/29 | 90,000 | 92,375 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 97,000 | 94,179 | ||||||||||
| Group 1 Automotive, Inc.(1) | 6.38 | 01/15/30 | 110,000 | 112,407 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 63,000 | 62,010 | ||||||||||
| Kohl’s Corp. | 5.13 | 05/01/31 | 82,000 | 63,952 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 64,000 | 41,856 | ||||||||||
| Kohl’s Corp.(1) | 10.00 | 06/01/30 | 60,000 | 65,247 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 155,000 | 151,027 | ||||||||||
| LCM Investments Holdings II LLC(1) | 8.25 | 08/01/31 | 140,000 | 147,420 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 132,000 | 126,165 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 95,000 | 90,650 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 65,000 | 64,702 | ||||||||||
| Lithia Motors, Inc.(1) | 5.50 | 10/01/30 | 90,000 | 90,222 | ||||||||||
| Macy’s Retail Holdings LLC | 4.30 | 02/15/43 | 40,000 | 29,028 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 55,000 | 49,053 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 18.3% (Continued) | ||||||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | $ | 38,000 | $ | 31,026 | ||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 70,000 | 70,424 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 7.38 | 08/01/33 | 85,000 | 89,676 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 133,000 | 124,858 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 162,000 | 142,965 | ||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 56,000 | 55,139 | ||||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 65,000 | 59,510 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 77,000 | 73,205 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 159,000 | 120,112 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 53,000 | 55,121 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 80,000 | 76,931 | ||||||||||
| PetSmart LLC/PetSmart Finance Corp.(1) | 7.50 | 09/15/32 | 315,000 | 314,984 | ||||||||||
| PetSmart LLC/PetSmart Finance Corp.(1) | 10.00 | 09/15/33 | 115,000 | 115,774 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 63,000 | 28,532 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 52,000 | 23,872 | ||||||||||
| QVC, Inc.(1) | 6.88 | 04/15/29 | 95,000 | 44,175 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 6.75 | 03/01/32 | 95,000 | 98,975 | ||||||||||
| SGUS LLC(1) | 11.00 | 12/15/29 | 120,000 | 104,101 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 108,000 | 105,114 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 80,000 | 76,181 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 95,000 | 91,565 | ||||||||||
| Victra Holdings LLC/Victra Finance Corp.(1) | 8.75 | 09/15/29 | 75,000 | 79,670 | ||||||||||
| 5,663,886 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $30,557,477) | 30,651,430 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.1% | ||||||||||||||
| TIME DEPOSITS – 1.1% | ||||||||||||||
| ANZ National Bank, London | 3.21 | 11/03/25 | 330,225 | 330,225 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $330,225) | 330,225 | |||||||||||||
| TOTAL INVESTMENTS – 100.2% (Cost - $30,887,702) | $ | 30,981,655 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.2)% | (59,665 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 30,921,990 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $26,105,488 and represents 84.4% 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.
44
BONDBLOXX ETF TRUST
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.6% | ||||||||||||||
| AGRICULTURE – 1.4% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | $ | 78,000 | $ | 77,964 | ||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 152,000 | 153,821 | ||||||||||
| Turning Point Brands, Inc.(1) | 7.63 | 03/15/32 | 50,000 | 53,066 | ||||||||||
| 284,851 | ||||||||||||||
| BEVERAGES – 1.1% | ||||||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 4.38 | 04/30/29 | 112,000 | 109,062 | ||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 112,000 | 112,293 | ||||||||||
| 221,355 | ||||||||||||||
| CHEMICALS – 0.7% | ||||||||||||||
| Cerdia Finanz GmbH(1) | 9.38 | 10/03/31 | 135,000 | 141,320 | ||||||||||
| COSMETICS/PERSONAL CARE – 0.9% | ||||||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 73,000 | 69,412 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 117,000 | 117,194 | ||||||||||
| 186,606 | ||||||||||||||
| ELECTRIC – 36.2% | ||||||||||||||
| AES Corp. | 6.95 | 07/15/55 | 80,000 | 77,599 | ||||||||||
| AES Corp. | 7.60 | 01/15/55 | 140,000 | 143,584 | ||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 112,000 | 110,038 | ||||||||||
| Alpha Generation LLC(1) | 6.25 | 01/15/34 | 105,000 | 106,293 | ||||||||||
| Alpha Generation LLC(1) | 6.75 | 10/15/32 | 160,000 | 164,564 | ||||||||||
| Atlantica Sustainable Infrastructure Ltd.(1) | 4.13 | 06/15/28 | 62,000 | 60,072 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 126,000 | 121,033 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 196,000 | 195,645 | ||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 105,000 | 104,421 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 135,000 | 135,327 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 205,000 | 205,106 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 135,000 | 125,100 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 56,000 | 50,744 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 135,000 | 134,329 | ||||||||||
| ContourGlobal Power Holdings SA(1) | 6.75 | 02/28/30 | 80,000 | 82,500 | ||||||||||
| DPL LLC | 4.35 | 04/15/29 | 62,000 | 61,103 | ||||||||||
| Edison International | 7.88 | 06/15/54 | 65,000 | 66,996 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 80,000 | 82,679 | ||||||||||
| Electricite de France SA(1),(2) | 9.13 | - | 225,000 | 260,790 | ||||||||||
| EUSHI Finance, Inc. | 6.25 | 04/01/56 | 105,000 | 104,629 | ||||||||||
| EUSHI Finance, Inc. | 7.63 | 12/15/54 | 85,000 | 89,496 | ||||||||||
| Hawaiian Electric Co., Inc.(1) | 6.00 | 10/01/33 | 80,000 | 80,949 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 61,000 | 58,345 | ||||||||||
| Lightning Power LLC(1) | 7.25 | 08/15/32 | 225,000 | 238,945 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 81,000 | 77,078 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 152,000 | 141,985 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 80,000 | 74,296 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 112,000 | 112,555 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 130,000 | 130,543 | ||||||||||
| NRG Energy, Inc.(1) | 5.75 | 07/15/29 | 110,000 | 110,966 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 36.2% (Continued) | ||||||||||||||
| NRG Energy, Inc.(1) | 5.75 | 01/15/34 | $ | 180,000 | $ | 181,388 | ||||||||
| NRG Energy, Inc.(1) | 6.00 | 02/01/33 | 145,000 | 148,021 | ||||||||||
| NRG Energy, Inc.(1) | 6.00 | 01/15/36 | 360,000 | 366,429 | ||||||||||
| NRG Energy, Inc.(1) | 6.25 | 11/01/34 | 150,000 | 154,548 | ||||||||||
| PacifiCorp | 7.38 | 09/15/55 | 130,000 | 136,739 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 101,000 | 98,540 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 142,000 | 141,099 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 162,000 | 160,417 | ||||||||||
| PG&E Corp. | 7.38 | 03/15/55 | 225,000 | 231,729 | ||||||||||
| Talen Energy Supply LLC(1) | 6.25 | 02/01/34 | 200,000 | 205,215 | ||||||||||
| Talen Energy Supply LLC(1) | 6.50 | 02/01/36 | 200,000 | 207,266 | ||||||||||
| Talen Energy Supply LLC(1) | 8.63 | 06/01/30 | 190,000 | 201,752 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 45,000 | 45,671 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 62,000 | 64,601 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 176,000 | 172,920 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 207,000 | 207,241 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 187,000 | 187,178 | ||||||||||
| Vistra Operations Co. LLC(1) | 6.88 | 04/15/32 | 165,000 | 173,432 | ||||||||||
| Vistra Operations Co. LLC(1) | 7.75 | 10/15/31 | 215,000 | 228,318 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 4.50 | 09/15/27 | 79,000 | 77,436 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 7.25 | 01/15/29 | 120,000 | 123,515 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.38 | 01/15/31 | 115,000 | 120,399 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.63 | 03/15/33 | 150,000 | 157,495 | ||||||||||
| 7,299,059 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 1.3% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 118,000 | 113,402 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 90,000 | 88,641 | ||||||||||
| Energizer Holdings, Inc.(1) | 6.00 | 09/15/33 | 60,000 | 58,038 | ||||||||||
| 260,081 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 1.0% | ||||||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 97,000 | 93,113 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 112,000 | 111,657 | ||||||||||
| 204,770 | ||||||||||||||
| FOOD – 25.6% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 198,000 | 188,924 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 198,000 | 197,796 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 157,000 | 155,247 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.50 | 03/31/31 | 90,000 | 90,824 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.75 | 03/31/34 | 120,000 | 120,679 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 117,000 | 117,270 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.25 | 03/15/33 | 105,000 | 108,081 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 120,000 | 122,327 | ||||||||||
| Aragvi Finance International DAC(1) | 11.13 | 11/20/29 | 100,000 | 99,856 | ||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 84,000 | 80,869 | ||||||||||
| B&G Foods, Inc.(1) | 8.00 | 09/15/28 | 115,000 | 108,262 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 62,000 | 56,619 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 67,000 | 66,759 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 25.6% (Continued) | ||||||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.63 | 07/01/29 | $ | 75,000 | $ | 78,094 | ||||||||
| Fiesta Purchaser, Inc.(1) | 7.88 | 03/01/31 | 75,000 | 79,460 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 9.63 | 09/15/32 | 70,000 | 75,500 | ||||||||||
| Froneri Lux FinCo. Sarl(1) | 6.00 | 08/01/32 | 90,000 | 90,900 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 56,000 | 52,537 | ||||||||||
| KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc.(1) | 9.00 | 02/15/29 | 150,000 | 157,239 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 155,000 | 150,251 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 95,000 | 90,635 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 77,000 | 77,222 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 152,000 | 148,415 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 162,000 | 162,189 | ||||||||||
| Performance Food Group, Inc.(1) | 6.13 | 09/15/32 | 150,000 | 154,192 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 140,000 | 128,427 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 115,000 | 111,398 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 135,000 | 144,117 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 80,000 | 88,676 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 156,000 | 146,614 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 208,000 | 201,914 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 185,000 | 185,319 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 02/15/32 | 155,000 | 159,517 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 10/15/34 | 90,000 | 91,279 | ||||||||||
| Post Holdings, Inc.(1) | 6.38 | 03/01/33 | 175,000 | 177,676 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 40,000 | 43,431 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 130,000 | 124,719 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 78,000 | 76,340 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 78,000 | 78,104 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 78,000 | 76,631 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 135,000 | 133,647 | ||||||||||
| US Foods, Inc.(1) | 5.75 | 04/15/33 | 70,000 | 71,097 | ||||||||||
| US Foods, Inc.(1) | 6.88 | 09/15/28 | 75,000 | 77,443 | ||||||||||
| US Foods, Inc.(1) | 7.25 | 01/15/32 | 80,000 | 84,033 | ||||||||||
| Viking Baked Goods Acquisition Corp.(1) | 8.63 | 11/01/31 | 135,000 | 135,792 | ||||||||||
| 5,166,321 | ||||||||||||||
| GAS – 1.2% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 83,000 | 83,358 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.38 | 06/01/28 | 70,000 | 72,652 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.50 | 06/01/30 | 85,000 | 89,500 | ||||||||||
| 245,510 | ||||||||||||||
| HOME FURNISHINGS – 4.1% | ||||||||||||||
| Somnigroup International, Inc.(1) | 3.88 | 10/15/31 | 125,000 | 115,671 | ||||||||||
| Somnigroup International, Inc.(1) | 4.00 | 04/15/29 | 117,000 | 112,811 | ||||||||||
| Whirlpool Corp. | 2.40 | 05/15/31 | 50,000 | 41,614 | ||||||||||
| Whirlpool Corp. | 4.50 | 06/01/46 | 67,000 | 50,831 | ||||||||||
| Whirlpool Corp. | 4.60 | 05/15/50 | 85,000 | 63,402 | ||||||||||
| Whirlpool Corp. | 4.70 | 05/14/32 | 50,000 | 45,837 | ||||||||||
| Whirlpool Corp. | 4.75 | 02/26/29 | 110,000 | 108,511 | ||||||||||
| Whirlpool Corp. | 5.15 | 03/01/43 | 35,000 | 29,380 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOME FURNISHINGS – 4.1% (Continued) | ||||||||||||||
| Whirlpool Corp. | 5.50 | 03/01/33 | $ | 50,000 | $ | 47,034 | ||||||||
| Whirlpool Corp. | 5.75 | 03/01/34 | 50,000 | 47,843 | ||||||||||
| Whirlpool Corp. | 6.13 | 06/15/30 | 85,000 | 84,218 | ||||||||||
| Whirlpool Corp. | 6.50 | 06/15/33 | 80,000 | 78,112 | ||||||||||
| 825,264 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 1.6% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | 90,000 | 79,185 | ||||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 68,000 | 64,833 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 62,000 | 58,133 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 50,000 | 50,003 | ||||||||||
| Kronos Acquisition Holdings, Inc.(1) | 8.25 | 06/30/31 | 90,000 | 67,210 | ||||||||||
| 319,364 | ||||||||||||||
| HOUSEWARES – 4.8% | ||||||||||||||
| CD&R Smokey Buyer, Inc./Radio Systems Corp.(1) | 9.50 | 10/15/29 | 115,000 | 80,636 | ||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 79,000 | 79,037 | ||||||||||
| Newell Brands, Inc. | 6.38 | 05/15/30 | 115,000 | 109,537 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 83,000 | 81,326 | ||||||||||
| Newell Brands, Inc. | 6.63 | 05/15/32 | 75,000 | 70,687 | ||||||||||
| Newell Brands, Inc. | 7.38 | 04/01/36 | 72,000 | 68,010 | ||||||||||
| Newell Brands, Inc. | 7.50 | 04/01/46 | 90,000 | 74,475 | ||||||||||
| Newell Brands, Inc.(1) | 8.50 | 06/01/28 | 180,000 | 185,115 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 65,000 | 60,295 | ||||||||||
| Scotts Miracle-Gro Co. | 4.38 | 02/01/32 | 65,000 | 60,307 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 65,000 | 63,397 | ||||||||||
| Scotts Miracle-Gro Co. | 5.25 | 12/15/26 | 40,000 | 40,072 | ||||||||||
| 972,894 | ||||||||||||||
| LEISURE TIME – 1.2% | ||||||||||||||
| Acushnet Co.(1) | 7.38 | 10/15/28 | 55,000 | 57,114 | ||||||||||
| Amer Sports Co.(1) | 6.75 | 02/16/31 | 120,000 | 125,088 | ||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 79,000 | 62,106 | ||||||||||
| 244,308 | ||||||||||||||
| OIL & GAS – 0.5% | ||||||||||||||
| Long Ridge Energy LLC(1) | 8.75 | 02/15/32 | 95,000 | 98,304 | ||||||||||
| PHARMACEUTICALS – 1.7% | ||||||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 125,000 | 129,024 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 95,000 | 83,848 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 12.25 | 04/15/29 | 120,000 | 130,344 | ||||||||||
| 343,216 | ||||||||||||||
| RETAIL – 15.3% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 123,000 | 118,659 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 232,000 | 228,056 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 433,000 | 410,016 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 97,000 | 95,863 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 5.63 | 09/15/29 | 85,000 | 86,617 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 6.13 | 06/15/29 | 190,000 | 195,480 | ||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 72,000 | 60,210 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 15.3% (Continued) | ||||||||||||||
| BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.(1) | 9.50 | 07/01/32 | $ | 80,000 | $ | 80,614 | ||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 50,000 | 44,274 | ||||||||||
| Brinker International, Inc.(1) | 8.25 | 07/15/30 | 55,000 | 58,296 | ||||||||||
| EG Global Finance PLC(1) | 12.00 | 11/30/28 | 165,000 | 180,900 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | 134,000 | 127,471 | ||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 9.25 | 01/15/31 | 90,000 | 90,892 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 71,000 | 39,552 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 118,000 | 117,883 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 67,000 | 62,436 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 80,000 | 79,142 | ||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | 50,000 | 50,048 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 62,000 | 60,553 | ||||||||||
| Raising Cane’s Restaurants LLC(1) | 9.38 | 05/01/29 | 80,000 | 83,750 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 97,000 | 92,057 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 55,000 | 55,020 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 163,000 | 153,231 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 158,000 | 154,484 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 129,000 | 128,837 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 40,000 | 39,337 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 145,000 | 146,766 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 50,000 | 55,990 | ||||||||||
| 3,096,434 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $19,801,301) | 19,909,657 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.8% | ||||||||||||||
| TIME DEPOSITS – 0.8% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | 153,537 | 153,537 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $153,537) | 153,537 | |||||||||||||
| TOTAL INVESTMENTS – 99.4% (Cost - $19,954,838) | $ | 20,063,194 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.6% | 115,680 | |||||||||||||
| NET ASSETS – 100.0% | $ | 20,178,874 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $15,353,339 and represents 76.1% 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. |
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
October 31, 2025
| Shares | Value | |||||||
| EXCHANGE-TRADED FUNDS – 99.9% | ||||||||
| UNITED STATES(a) – 99.9% | ||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 22,656 | $ | 938,865 | |||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 31,821 | 1,230,836 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 106,389 | 3,987,311 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 14,196 | 545,623 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 91,551 | 3,546,723 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 107,749 | 4,102,586 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 80,911 | 2,912,011 | ||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | 192,158 | 7,366,492 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 184,048 | 6,453,367 | ||||||
| TOTAL EXCHANGE-TRADED FUNDS (Cost - $30,177,263) | 31,083,814 | |||||||
| Rate (%) | Maturity |
Face Amount |
||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | $ | 27,912 | 27,912 | |||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $27,912) | 27,912 | |||||||||||||
| TOTAL INVESTMENTS – 100.0% (Cost - $30,205,175) | $ | 31,111,726 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.0)% | (2,339 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 31,109,387 | ||||||||||||
| (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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.5% | ||||||||||||||
| ADVERTISING – 0.4% | ||||||||||||||
| Lamar Media Corp. | 3.63 | 01/15/31 | $ | 320,000 | $ | 299,701 | ||||||||
| Lamar Media Corp. | 3.75 | 02/15/28 | 320,000 | 311,422 | ||||||||||
| Lamar Media Corp. | 4.00 | 02/15/30 | 260,000 | 249,715 | ||||||||||
| Lamar Media Corp. | 4.88 | 01/15/29 | 215,000 | 213,279 | ||||||||||
| Lamar Media Corp.(1) | 5.38 | 11/01/33 | 215,000 | 213,121 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 7.38 | 02/15/31 | 251,000 | 265,359 | ||||||||||
| 1,552,597 | ||||||||||||||
| AEROSPACE/DEFENSE – 1.9% | ||||||||||||||
| AAR Escrow Issuer LLC(1) | 6.75 | 03/15/29 | 380,000 | 392,618 | ||||||||||
| ATI, Inc. | 4.88 | 10/01/29 | 160,000 | 159,640 | ||||||||||
| ATI, Inc. | 5.13 | 10/01/31 | 165,000 | 163,709 | ||||||||||
| ATI, Inc. | 5.88 | 12/01/27 | 185,000 | 185,336 | ||||||||||
| ATI, Inc. | 7.25 | 08/15/30 | 250,000 | 263,127 | ||||||||||
| Moog, Inc.(1) | 4.25 | 12/15/27 | 270,000 | 267,839 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.38 | 11/30/29 | 475,000 | 499,426 | ||||||||||
| TransDigm, Inc.(1) | 6.00 | 01/15/33 | 795,000 | 808,438 | ||||||||||
| TransDigm, Inc.(1) | 6.25 | 01/31/34 | 270,000 | 279,242 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 03/01/29 | 1,475,000 | 1,516,942 | ||||||||||
| TransDigm, Inc.(1) | 6.63 | 03/01/32 | 1,180,000 | 1,221,688 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 08/15/28 | 1,105,000 | 1,128,180 | ||||||||||
| TransDigm, Inc.(1) | 6.88 | 12/15/30 | 765,000 | 794,929 | ||||||||||
| TransDigm, Inc.(1) | 7.13 | 12/01/31 | 539,000 | 562,994 | ||||||||||
| 8,244,108 | ||||||||||||||
| AGRICULTURE – 0.2% | ||||||||||||||
| Darling Ingredients, Inc.(1) | 5.25 | 04/15/27 | 270,000 | 269,875 | ||||||||||
| Darling Ingredients, Inc.(1) | 6.00 | 06/15/30 | 540,000 | 546,470 | ||||||||||
| Turning Point Brands, Inc.(1) | 7.63 | 03/15/32 | 160,000 | 169,810 | ||||||||||
| 986,155 | ||||||||||||||
| AIRLINES – 0.7% | ||||||||||||||
| Allegiant Travel Co.(1) | 7.25 | 08/15/27 | 215,000 | 217,553 | ||||||||||
| American Airlines, Inc.(1) | 7.25 | 02/15/28 | 414,000 | 423,863 | ||||||||||
| American Airlines, Inc.(1) | 8.50 | 05/15/29 | 555,000 | 579,368 | ||||||||||
| American Airlines, Inc./AAdvantage Loyalty IP Ltd.(1) | 5.75 | 04/20/29 | 1,540,000 | 1,554,741 | ||||||||||
| 2,775,525 | ||||||||||||||
| APPAREL – 0.4% | ||||||||||||||
| Kontoor Brands, Inc.(1) | 4.13 | 11/15/29 | 215,000 | 204,511 | ||||||||||
| Levi Strauss & Co.(1) | 3.50 | 03/01/31 | 235,000 | 218,073 | ||||||||||
| VF Corp. | 2.80 | 04/23/27 | 270,000 | 263,121 | ||||||||||
| VF Corp. | 2.95 | 04/23/30 | 385,000 | 338,952 | ||||||||||
| VF Corp. | 6.00 | 10/15/33 | 134,000 | 129,347 | ||||||||||
| VF Corp. | 6.45 | 11/01/37 | 165,000 | 154,898 | ||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 236,000 | 236,329 | ||||||||||
| 1,545,231 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO MANUFACTURERS – 1.9% | ||||||||||||||
| Allison Transmission, Inc.(1) | 3.75 | 01/30/31 | $ | 540,000 | $ | 499,034 | ||||||||
| Allison Transmission, Inc.(1) | 4.75 | 10/01/27 | 195,000 | 194,491 | ||||||||||
| Allison Transmission, Inc.(1) | 5.88 | 06/01/29 | 285,000 | 287,649 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 4.50 | 10/01/27 | 325,000 | 320,676 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.50 | 07/15/29 | 190,000 | 190,065 | ||||||||||
| Jaguar Land Rover Automotive PLC(1) | 5.88 | 01/15/28 | 260,000 | 260,307 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.45 | 09/15/28 | 265,000 | 243,429 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 2.75 | 03/09/28 | 390,000 | 366,305 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.30 | 09/13/27 | 190,000 | 189,287 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.55 | 09/13/29 | 140,000 | 139,302 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 5.63 | 09/29/28 | 350,000 | 349,988 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 6.13 | 09/30/30 | 575,000 | 570,480 | ||||||||||
| Nissan Motor Acceptance Co. LLC(1) | 7.05 | 09/15/28 | 440,000 | 458,049 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.35 | 09/17/27 | 1,210,000 | 1,186,424 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 4.81 | 09/17/30 | 1,430,000 | 1,342,173 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 7.50 | 07/17/30 | 470,000 | 492,125 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 7.75 | 07/17/32 | 430,000 | 454,427 | ||||||||||
| Nissan Motor Co. Ltd.(1) | 8.13 | 07/17/35 | 695,000 | 739,718 | ||||||||||
| 8,283,929 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 1.5% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.00 | 04/15/28 | 270,000 | 276,556 | ||||||||||
| American Axle & Manufacturing, Inc.(1) | 6.38 | 10/15/32 | 465,000 | 466,736 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 6.88 | 12/15/54 | 285,000 | 291,389 | ||||||||||
| Dana, Inc. | 4.25 | 09/01/30 | 250,000 | 246,784 | ||||||||||
| Dana, Inc. | 4.50 | 02/15/32 | 195,000 | 191,041 | ||||||||||
| Dana, Inc. | 5.38 | 11/15/27 | 185,000 | 184,967 | ||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 215,000 | 214,937 | ||||||||||
| Forvia SE(1) | 6.75 | 09/15/33 | 285,000 | 289,352 | ||||||||||
| Forvia SE(1) | 8.00 | 06/15/30 | 255,000 | 271,189 | ||||||||||
| Garrett Motion Holdings, Inc./Garrett LX I Sarl(1) | 7.75 | 05/31/32 | 420,000 | 442,401 | ||||||||||
| Phinia, Inc.(1) | 6.63 | 10/15/32 | 215,000 | 221,375 | ||||||||||
| Phinia, Inc.(1) | 6.75 | 04/15/29 | 315,000 | 325,352 | ||||||||||
| Qnity Electronics, Inc.(1) | 5.75 | 08/15/32 | 515,000 | 524,725 | ||||||||||
| Qnity Electronics, Inc.(1) | 6.25 | 08/15/33 | 405,000 | 416,425 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.75 | 04/23/30 | 375,000 | 357,307 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/14/28 | 300,000 | 302,034 | ||||||||||
| ZF North America Capital, Inc.(1) | 6.88 | 04/23/32 | 350,000 | 319,774 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.13 | 04/14/30 | 390,000 | 379,984 | ||||||||||
| ZF North America Capital, Inc.(1) | 7.50 | 03/24/31 | 810,000 | 779,556 | ||||||||||
| 6,501,884 | ||||||||||||||
| BANKS – 0.3% | ||||||||||||||
| Dresdner Funding Trust I(1) | 8.15 | 06/30/31 | 540,000 | 601,265 | ||||||||||
| Popular, Inc. | 7.25 | 03/13/28 | 225,000 | 236,009 | ||||||||||
| Standard Chartered PLC(1),(2) | 7.01 | - | 400,000 | 421,862 | ||||||||||
| Walker & Dunlop, Inc.(1) | 6.63 | 04/01/33 | 215,000 | 220,211 | ||||||||||
| 1,479,347 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BEVERAGES – 0.1% | ||||||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 4.38 | 04/30/29 | $ | 410,000 | $ | 399,245 | ||||||||
| BUILDING MATERIALS – 2.8% | ||||||||||||||
| Boise Cascade Co.(1) | 4.88 | 07/01/30 | 215,000 | 212,314 | ||||||||||
| Builders FirstSource, Inc.(1) | 4.25 | 02/01/32 | 730,000 | 691,215 | ||||||||||
| Builders FirstSource, Inc.(1) | 5.00 | 03/01/30 | 315,000 | 312,098 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 06/15/32 | 370,000 | 383,767 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.38 | 03/01/34 | 540,000 | 559,911 | ||||||||||
| Builders FirstSource, Inc.(1) | 6.75 | 05/15/35 | 365,000 | 383,689 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.63 | 12/15/30 | 1,440,000 | 1,482,165 | ||||||||||
| EMRLD Borrower LP/Emerald Co.-Issuer, Inc.(1) | 6.75 | 07/15/31 | 295,000 | 307,004 | ||||||||||
| James Hardie International Finance DAC(1) | 5.00 | 01/15/28 | 220,000 | 219,070 | ||||||||||
| Knife River Corp.(1) | 7.75 | 05/01/31 | 230,000 | 241,125 | ||||||||||
| Masterbrand, Inc.(1) | 7.00 | 07/15/32 | 330,000 | 342,866 | ||||||||||
| Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(1) | 6.75 | 04/01/32 | 330,000 | 338,935 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.38 | 03/01/32 | 2,110,000 | 2,190,121 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 6.00 | 11/01/28 | 590,000 | 588,504 | ||||||||||
| Smyrna Ready Mix Concrete LLC(1) | 8.88 | 11/15/31 | 565,000 | 595,388 | ||||||||||
| Standard Building Solutions, Inc.(1) | 6.25 | 08/01/33 | 605,000 | 617,486 | ||||||||||
| Standard Building Solutions, Inc.(1) | 6.50 | 08/15/32 | 614,000 | 631,813 | ||||||||||
| Standard Industries, Inc./NY(1) | 3.38 | 01/15/31 | 605,000 | 551,396 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 790,000 | 762,525 | ||||||||||
| Standard Industries, Inc./NY(1) | 4.75 | 01/15/28 | 469,000 | 467,792 | ||||||||||
| 11,879,184 | ||||||||||||||
| CHEMICALS – 3.3% | ||||||||||||||
| Ashland, Inc.(1) | 3.38 | 09/01/31 | 245,000 | 218,553 | ||||||||||
| Ashland, Inc. | 6.88 | 05/15/43 | 142,000 | 148,181 | ||||||||||
| Avient Corp.(1) | 6.25 | 11/01/31 | 354,000 | 361,723 | ||||||||||
| Avient Corp.(1) | 7.13 | 08/01/30 | 370,000 | 381,112 | ||||||||||
| Axalta Coating Systems Dutch Holding B BV(1) | 7.25 | 02/15/31 | 245,000 | 257,179 | ||||||||||
| Axalta Coating Systems LLC(1) | 3.38 | 02/15/29 | 380,000 | 361,823 | ||||||||||
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV(1) | 4.75 | 06/15/27 | 270,000 | 269,529 | ||||||||||
| Celanese US Holdings LLC | 6.50 | 04/15/30 | 379,000 | 376,072 | ||||||||||
| Celanese US Holdings LLC | 6.67 | 07/15/27 | 811,000 | 833,032 | ||||||||||
| Celanese US Holdings LLC | 6.75 | 04/15/33 | 575,000 | 566,777 | ||||||||||
| Celanese US Holdings LLC | 6.83 | 07/15/29 | 400,000 | 408,862 | ||||||||||
| Celanese US Holdings LLC | 6.85 | 11/15/28 | 530,000 | 549,326 | ||||||||||
| Celanese US Holdings LLC | 6.88 | 07/15/32 | 540,000 | 543,020 | ||||||||||
| Celanese US Holdings LLC | 7.05 | 11/15/30 | 530,000 | 539,750 | ||||||||||
| Celanese US Holdings LLC | 7.20 | 11/15/33 | 540,000 | 554,164 | ||||||||||
| Element Solutions, Inc.(1) | 3.88 | 09/01/28 | 425,000 | 411,653 | ||||||||||
| FMC Corp. | 8.45 | 11/01/55 | 395,000 | 383,721 | ||||||||||
| HB Fuller Co. | 4.00 | 02/15/27 | 145,000 | 143,291 | ||||||||||
| HB Fuller Co. | 4.25 | 10/15/28 | 180,000 | 175,217 | ||||||||||
| Huntsman International LLC | 2.95 | 06/15/31 | 215,000 | 174,519 | ||||||||||
| Huntsman International LLC | 4.50 | 05/01/29 | 385,000 | 356,051 | ||||||||||
| Huntsman International LLC | 5.70 | 10/15/34 | 184,000 | 160,637 | ||||||||||
| INEOS Finance PLC(1) | 6.75 | 05/15/28 | 195,000 | 184,073 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 3.3% (Continued) | ||||||||||||||
| INEOS Finance PLC(1) | 7.50 | 04/15/29 | $ | 420,000 | $ | 391,463 | ||||||||
| Ingevity Corp.(1) | 3.88 | 11/01/28 | 280,000 | 270,017 | ||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 380,000 | 381,155 | ||||||||||
| Methanex Corp. | 5.25 | 12/15/29 | 355,000 | 354,235 | ||||||||||
| Methanex Corp. | 5.65 | 12/01/44 | 150,000 | 130,886 | ||||||||||
| Methanex US Operations, Inc.(1) | 6.25 | 03/15/32 | 325,000 | 330,852 | ||||||||||
| Minerals Technologies, Inc.(1) | 5.00 | 07/01/28 | 215,000 | 212,631 | ||||||||||
| NOVA Chemicals Corp.(1) | 4.25 | 05/15/29 | 310,000 | 301,956 | ||||||||||
| NOVA Chemicals Corp.(1) | 5.25 | 06/01/27 | 545,000 | 546,594 | ||||||||||
| NOVA Chemicals Corp.(1) | 7.00 | 12/01/31 | 200,000 | 212,316 | ||||||||||
| NOVA Chemicals Corp.(1) | 8.50 | 11/15/28 | 225,000 | 236,158 | ||||||||||
| NOVA Chemicals Corp.(1) | 9.00 | 02/15/30 | 355,000 | 380,072 | ||||||||||
| Nufarm Australia Ltd./Nufarm Americas, Inc.(1) | 5.00 | 01/27/30 | 185,000 | 164,955 | ||||||||||
| Olin Corp. | 5.00 | 02/01/30 | 280,000 | 272,521 | ||||||||||
| Olin Corp. | 5.63 | 08/01/29 | 335,000 | 336,184 | ||||||||||
| Olin Corp.(1) | 6.63 | 04/01/33 | 325,000 | 322,246 | ||||||||||
| SNF Group SACA(1) | 3.13 | 03/15/27 | 195,000 | 190,482 | ||||||||||
| SNF Group SACA(1) | 3.38 | 03/15/30 | 195,000 | 180,518 | ||||||||||
| Solstice Advanced Materials, Inc.(1) | 5.63 | 09/30/33 | 540,000 | 540,815 | ||||||||||
| 14,114,321 | ||||||||||||||
| COAL – 0.1% | ||||||||||||||
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp.(1) | 8.63 | 06/15/29 | 215,000 | 227,689 | ||||||||||
| SunCoke Energy, Inc.(1) | 4.88 | 06/30/29 | 235,000 | 219,599 | ||||||||||
| 447,288 | ||||||||||||||
| COMMERCIAL SERVICES – 5.0% | ||||||||||||||
| ADT Security Corp.(1) | 4.13 | 08/01/29 | 590,000 | 572,036 | ||||||||||
| ADT Security Corp.(1) | 4.88 | 07/15/32 | 385,000 | 373,390 | ||||||||||
| ADT Security Corp.(1) | 5.88 | 10/15/33 | 500,000 | 508,473 | ||||||||||
| Adtalem Global Education, Inc.(1) | 5.50 | 03/01/28 | 220,000 | 220,405 | ||||||||||
| Albion Financing 1 Sarl/Aggreko Holdings, Inc.(1) | 7.00 | 05/21/30 | 735,000 | 760,418 | ||||||||||
| AMN Healthcare, Inc.(1) | 4.00 | 04/15/29 | 185,000 | 175,464 | ||||||||||
| AMN Healthcare, Inc.(1) | 6.50 | 01/15/31 | 210,000 | 210,636 | ||||||||||
| APi Group DE, Inc.(1) | 4.13 | 07/15/29 | 195,000 | 188,374 | ||||||||||
| APi Group DE, Inc.(1) | 4.75 | 10/15/29 | 147,000 | 144,155 | ||||||||||
| Belron UK Finance PLC(1) | 5.75 | 10/15/29 | 605,000 | 613,399 | ||||||||||
| Block, Inc. | 3.50 | 06/01/31 | 485,000 | 451,961 | ||||||||||
| Block, Inc.(1) | 5.63 | 08/15/30 | 645,000 | 655,148 | ||||||||||
| Block, Inc.(1) | 6.00 | 08/15/33 | 575,000 | 588,346 | ||||||||||
| Block, Inc. | 6.50 | 05/15/32 | 1,075,000 | 1,116,112 | ||||||||||
| Boost Newco Borrower LLC(1) | 7.50 | 01/15/31 | 1,145,000 | 1,217,284 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 310,000 | 308,886 | ||||||||||
| Brink’s Co.(1) | 6.50 | 06/15/29 | 225,000 | 232,661 | ||||||||||
| Brink’s Co.(1) | 6.75 | 06/15/32 | 200,000 | 207,868 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 3.88 | 07/01/28 | 485,000 | 467,397 | ||||||||||
| CoreCivic, Inc. | 8.25 | 04/15/29 | 268,000 | 282,993 | ||||||||||
| Dcli Bidco LLC(1) | 7.75 | 11/15/29 | 265,000 | 269,583 | ||||||||||
| Deluxe Corp.(1) | 8.13 | 09/15/29 | 235,000 | 246,484 | ||||||||||
| GEO Group, Inc. | 8.63 | 04/15/29 | 355,000 | 375,053 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 5.0% (Continued) | ||||||||||||||
| Grand Canyon University | 5.13 | 10/01/28 | $ | 195,000 | $ | 193,624 | ||||||||
| Herc Holdings, Inc.(1) | 5.50 | 07/15/27 | 665,000 | 665,289 | ||||||||||
| Herc Holdings, Inc.(1) | 6.63 | 06/15/29 | 395,000 | 408,265 | ||||||||||
| Herc Holdings, Inc.(1) | 7.00 | 06/15/30 | 920,000 | 963,552 | ||||||||||
| Herc Holdings, Inc.(1) | 7.25 | 06/15/33 | 550,000 | 580,287 | ||||||||||
| Korn Ferry(1) | 4.63 | 12/15/27 | 220,000 | 218,421 | ||||||||||
| OT Midco, Inc.(1) | 10.00 | 02/15/30 | 340,000 | 199,759 | ||||||||||
| Prime Security Services Borrower LLC/Prime Finance, Inc.(1) | 3.38 | 08/31/27 | 505,000 | 492,329 | ||||||||||
| Service Corp. International/US | 3.38 | 08/15/30 | 413,000 | 384,137 | ||||||||||
| Service Corp. International/US | 4.00 | 05/15/31 | 445,000 | 421,872 | ||||||||||
| Service Corp. International/US | 4.63 | 12/15/27 | 310,000 | 309,353 | ||||||||||
| Service Corp. International/US | 5.13 | 06/01/29 | 400,000 | 401,193 | ||||||||||
| Service Corp. International/US | 5.75 | 10/15/32 | 434,000 | 440,859 | ||||||||||
| Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc.(1) | 6.75 | 08/15/32 | 890,000 | 919,996 | ||||||||||
| TriNet Group, Inc.(1) | 3.50 | 03/01/29 | 310,000 | 291,344 | ||||||||||
| TriNet Group, Inc.(1) | 7.13 | 08/15/31 | 183,000 | 190,025 | ||||||||||
| United Rentals North America, Inc. | 3.75 | 01/15/32 | 430,000 | 400,344 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 11/15/27 | 510,000 | 503,654 | ||||||||||
| United Rentals North America, Inc. | 3.88 | 02/15/31 | 640,000 | 608,035 | ||||||||||
| United Rentals North America, Inc. | 4.00 | 07/15/30 | 350,000 | 336,442 | ||||||||||
| United Rentals North America, Inc. | 4.88 | 01/15/28 | 785,000 | 784,962 | ||||||||||
| United Rentals North America, Inc. | 5.25 | 01/15/30 | 400,000 | 403,106 | ||||||||||
| United Rentals North America, Inc. | 5.50 | 05/15/27 | 290,000 | 290,454 | ||||||||||
| United Rentals North America, Inc.(1) | 6.13 | 03/15/34 | 525,000 | 548,487 | ||||||||||
| WEX, Inc.(1) | 6.50 | 03/15/33 | 260,000 | 266,151 | ||||||||||
| 21,408,466 | ||||||||||||||
| COMPUTERS – 1.1% | ||||||||||||||
| ASGN, Inc.(1) | 4.63 | 05/15/28 | 300,000 | 294,853 | ||||||||||
| CACI International, Inc.(1) | 6.38 | 06/15/33 | 540,000 | 562,124 | ||||||||||
| Crane NXT Co. | 4.20 | 03/15/48 | 165,000 | 117,250 | ||||||||||
| Crowdstrike Holdings, Inc. | 3.00 | 02/15/29 | 350,000 | 333,837 | ||||||||||
| Insight Enterprises, Inc.(1) | 6.63 | 05/15/32 | 275,000 | 281,771 | ||||||||||
| KBR, Inc.(1) | 4.75 | 09/30/28 | 140,000 | 137,744 | ||||||||||
| NCR Atleos Corp.(1) | 9.50 | 04/01/29 | 725,000 | 783,461 | ||||||||||
| Science Applications International Corp.(1) | 4.88 | 04/01/28 | 180,000 | 178,736 | ||||||||||
| Science Applications International Corp.(1) | 5.88 | 11/01/33 | 285,000 | 284,441 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 4.09 | 06/01/29 | 200,000 | 194,761 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 5.75 | 12/01/34 | 175,000 | 179,316 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 5.88 | 07/15/30 | 225,000 | 231,086 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 8.25 | 12/15/29 | 240,000 | 255,208 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 8.50 | 07/15/31 | 275,000 | 292,960 | ||||||||||
| Seagate Data Storage Technology Pte Ltd.(1) | 9.63 | 12/01/32 | 410,850 | 468,806 | ||||||||||
| 4,596,354 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.5% | ||||||||||||||
| Edgewell Personal Care Co.(1) | 4.13 | 04/01/29 | 275,000 | 261,485 | ||||||||||
| Edgewell Personal Care Co.(1) | 5.50 | 06/01/28 | 380,000 | 380,630 | ||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 06/15/30 | 470,000 | 460,138 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COSMETICS/PERSONAL CARE – 0.5% (Continued) | ||||||||||||||
| Perrigo Finance Unlimited Co. | 4.90 | 12/15/44 | $ | 140,000 | $ | 115,813 | ||||||||
| Perrigo Finance Unlimited Co. | 6.13 | 09/30/32 | 335,000 | 338,164 | ||||||||||
| Prestige Brands, Inc.(1) | 3.75 | 04/01/31 | 325,000 | 301,812 | ||||||||||
| Prestige Brands, Inc.(1) | 5.13 | 01/15/28 | 210,000 | 209,994 | ||||||||||
| 2,068,036 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.4% | ||||||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 3.88 | 11/15/29 | 219,000 | 209,132 | ||||||||||
| American Builders & Contractors Supply Co., Inc.(1) | 4.00 | 01/15/28 | 380,000 | 374,901 | ||||||||||
| RB Global Holdings, Inc.(1) | 6.75 | 03/15/28 | 295,000 | 301,580 | ||||||||||
| RB Global Holdings, Inc.(1) | 7.75 | 03/15/31 | 430,000 | 449,298 | ||||||||||
| Resideo Funding, Inc.(1) | 4.00 | 09/01/29 | 130,000 | 124,085 | ||||||||||
| Resideo Funding, Inc.(1) | 6.50 | 07/15/32 | 350,000 | 358,693 | ||||||||||
| 1,817,689 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 7.5% | ||||||||||||||
| Ally Financial, Inc. | 6.65 | 01/17/40 | 269,000 | 269,755 | ||||||||||
| Ally Financial, Inc. | 6.70 | 02/14/33 | 270,000 | 281,634 | ||||||||||
| Azorra Finance Ltd.(1) | 7.25 | 01/15/31 | 330,000 | 345,993 | ||||||||||
| Azorra Finance Ltd.(1) | 7.75 | 04/15/30 | 260,000 | 274,314 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 9.75 | 03/15/29 | 395,000 | 421,889 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.25 | 04/15/28 | 185,000 | 183,865 | ||||||||||
| Burford Capital Global Finance LLC(1) | 6.88 | 04/15/30 | 215,000 | 214,090 | ||||||||||
| Burford Capital Global Finance LLC(1) | 7.50 | 07/15/33 | 235,000 | 232,305 | ||||||||||
| Burford Capital Global Finance LLC(1) | 9.25 | 07/01/31 | 385,000 | 398,952 | ||||||||||
| Coinbase Global, Inc.(1) | 3.38 | 10/01/28 | 470,000 | 447,395 | ||||||||||
| Coinbase Global, Inc.(1) | 3.63 | 10/01/31 | 410,000 | 366,791 | ||||||||||
| Credit Acceptance Corp.(1) | 6.63 | 03/15/30 | 243,000 | 243,339 | ||||||||||
| Credit Acceptance Corp.(1) | 9.25 | 12/15/28 | 330,000 | 346,487 | ||||||||||
| Encore Capital Group, Inc.(1) | 6.63 | 04/15/31 | 250,000 | 248,254 | ||||||||||
| Encore Capital Group, Inc.(1) | 8.50 | 05/15/30 | 275,000 | 289,820 | ||||||||||
| Encore Capital Group, Inc.(1) | 9.25 | 04/01/29 | 285,000 | 299,554 | ||||||||||
| EZCORP, Inc.(1) | 7.38 | 04/01/32 | 165,000 | 174,693 | ||||||||||
| GGAM Finance Ltd.(1) | 5.88 | 03/15/30 | 195,000 | 197,681 | ||||||||||
| GGAM Finance Ltd.(1) | 6.88 | 04/15/29 | 220,000 | 228,786 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 380,000 | 388,762 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 06/15/28 | 330,000 | 350,730 | ||||||||||
| Global Aircraft Leasing Co. Ltd.(1) | 8.75 | 09/01/27 | 585,000 | 603,012 | ||||||||||
| goeasy Ltd.(1) | 6.88 | 05/15/30 | 195,000 | 191,815 | ||||||||||
| goeasy Ltd.(1) | 6.88 | 02/15/31 | 230,000 | 224,928 | ||||||||||
| goeasy Ltd.(1) | 7.38 | 10/01/30 | 165,000 | 165,252 | ||||||||||
| goeasy Ltd.(1) | 7.63 | 07/01/29 | 325,000 | 327,608 | ||||||||||
| goeasy Ltd.(1) | 9.25 | 12/01/28 | 365,000 | 378,645 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 4.50 | 11/15/29 | 290,000 | 282,029 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 885,000 | 901,316 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.75 | 05/01/33 | 1,040,000 | 1,085,697 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 7.13 | 04/30/31 | 760,000 | 798,116 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 5.00 | 08/15/28 | 515,000 | 487,997 | ||||||||||
| Jefferies Finance LLC/JFIN Co.-Issuer Corp.(1) | 6.63 | 10/15/31 | 290,000 | 285,974 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 7.5% (Continued) | ||||||||||||||
| Jefferson Capital Holdings LLC(1) | 8.25 | 05/15/30 | $ | 270,000 | $ | 280,158 | ||||||||
| Jefferson Capital Holdings LLC(1) | 9.50 | 02/15/29 | 225,000 | 237,240 | ||||||||||
| Midcap Financial Issuer Trust(1) | 5.63 | 01/15/30 | 190,000 | 178,755 | ||||||||||
| Midcap Financial Issuer Trust(1) | 6.50 | 05/01/28 | 545,000 | 535,691 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 275,000 | 269,148 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 330,000 | 328,282 | ||||||||||
| Navient Corp. | 5.50 | 03/15/29 | 400,000 | 393,775 | ||||||||||
| Navient Corp. | 5.63 | 08/01/33 | 320,000 | 290,001 | ||||||||||
| Navient Corp. | 7.88 | 06/15/32 | 270,000 | 279,282 | ||||||||||
| Navient Corp. | 9.38 | 07/25/30 | 275,000 | 302,379 | ||||||||||
| Navient Corp. | 11.50 | 03/15/31 | 285,000 | 319,941 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 410,000 | 403,638 | ||||||||||
| OneMain Finance Corp. | 3.88 | 09/15/28 | 325,000 | 313,844 | ||||||||||
| OneMain Finance Corp. | 4.00 | 09/15/30 | 450,000 | 418,904 | ||||||||||
| OneMain Finance Corp. | 5.38 | 11/15/29 | 400,000 | 397,164 | ||||||||||
| OneMain Finance Corp. | 6.13 | 05/15/30 | 410,000 | 415,078 | ||||||||||
| OneMain Finance Corp. | 6.50 | 03/15/33 | 435,000 | 434,448 | ||||||||||
| OneMain Finance Corp. | 6.63 | 01/15/28 | 375,000 | 384,784 | ||||||||||
| OneMain Finance Corp. | 6.63 | 05/15/29 | 490,000 | 504,508 | ||||||||||
| OneMain Finance Corp. | 6.75 | 03/15/32 | 300,000 | 304,821 | ||||||||||
| OneMain Finance Corp. | 7.13 | 11/15/31 | 403,000 | 417,963 | ||||||||||
| OneMain Finance Corp. | 7.13 | 09/15/32 | 425,000 | 439,182 | ||||||||||
| OneMain Finance Corp. | 7.50 | 05/15/31 | 390,000 | 407,720 | ||||||||||
| OneMain Finance Corp. | 7.88 | 03/15/30 | 385,000 | 406,077 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 4.25 | 02/15/29 | 360,000 | 349,816 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 5.75 | 09/15/31 | 270,000 | 269,558 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.75 | 02/15/34 | 350,000 | 359,048 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.88 | 05/15/32 | 435,000 | 454,090 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 6.88 | 02/15/33 | 460,000 | 476,340 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.13 | 11/15/30 | 350,000 | 366,761 | ||||||||||
| PennyMac Financial Services, Inc.(1) | 7.88 | 12/15/29 | 400,000 | 425,393 | ||||||||||
| PRA Group, Inc.(1) | 5.00 | 10/01/29 | 170,000 | 154,794 | ||||||||||
| PRA Group, Inc.(1) | 8.38 | 02/01/28 | 220,000 | 223,466 | ||||||||||
| PRA Group, Inc.(1) | 8.88 | 01/31/30 | 295,000 | 299,706 | ||||||||||
| Rocket Cos, Inc.(1) | 6.13 | 08/01/30 | 1,025,000 | 1,057,957 | ||||||||||
| Rocket Cos, Inc.(1) | 6.38 | 08/01/33 | 1,110,000 | 1,157,708 | ||||||||||
| Rocket Cos, Inc.(1) | 6.50 | 08/01/29 | 390,000 | 405,009 | ||||||||||
| Rocket Cos, Inc.(1) | 7.13 | 02/01/32 | 500,000 | 525,357 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.63 | 03/01/29 | 410,000 | 394,205 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 3.88 | 03/01/31 | 630,000 | 592,743 | ||||||||||
| Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc.(1) | 4.00 | 10/15/33 | 490,000 | 451,635 | ||||||||||
| SLM Corp. | 3.13 | 11/02/26 | 305,000 | 299,869 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 235,000 | 243,831 | ||||||||||
| StoneX Escrow Issuer LLC(1) | 6.88 | 07/15/32 | 340,000 | 352,075 | ||||||||||
| StoneX Group, Inc.(1) | 7.88 | 03/01/31 | 295,000 | 312,689 | ||||||||||
| Synchrony Financial | 7.25 | 02/02/33 | 410,000 | 434,808 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 04/15/29 | 355,000 | 349,873 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.75 | 06/15/27 | 295,000 | 295,927 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 7.5% (Continued) | ||||||||||||||
| UWM Holdings LLC(1) | 6.25 | 03/15/31 | $ | 535,000 | $ | 534,372 | ||||||||
| UWM Holdings LLC(1) | 6.63 | 02/01/30 | 425,000 | 433,347 | ||||||||||
| 31,820,638 | ||||||||||||||
| ELECTRIC – 5.0% | ||||||||||||||
| AES Corp. | 6.95 | 07/15/55 | 260,000 | 252,197 | ||||||||||
| AES Corp. | 7.60 | 01/15/55 | 505,000 | 517,929 | ||||||||||
| Algonquin Power & Utilities Corp. | 4.75 | 01/18/82 | 400,000 | 392,993 | ||||||||||
| Atlantica Sustainable Infrastructure Ltd.(1) | 4.13 | 06/15/28 | 215,000 | 208,314 | ||||||||||
| Calpine Corp.(1) | 3.75 | 03/01/31 | 485,000 | 465,879 | ||||||||||
| Calpine Corp.(1) | 4.50 | 02/15/28 | 665,000 | 663,794 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 02/15/31 | 480,000 | 444,801 | ||||||||||
| Clearway Energy Operating LLC(1) | 3.75 | 01/15/32 | 195,000 | 176,699 | ||||||||||
| Clearway Energy Operating LLC(1) | 4.75 | 03/15/28 | 460,000 | 457,712 | ||||||||||
| ContourGlobal Power Holdings SA(1) | 6.75 | 02/28/30 | 280,000 | 288,750 | ||||||||||
| DPL LLC/Ohio | 4.35 | 04/15/29 | 211,000 | 207,948 | ||||||||||
| Edison International | 7.88 | 06/15/54 | 255,000 | 262,830 | ||||||||||
| Edison International | 8.13 | 06/15/53 | 240,000 | 248,038 | ||||||||||
| Electricite de France SA(1),(2) | 9.13 | - | 805,000 | 933,050 | ||||||||||
| EUSHI Finance, Inc. | 6.25 | 04/01/56 | 375,000 | 373,675 | ||||||||||
| EUSHI Finance, Inc. | 7.63 | 12/15/54 | 284,000 | 299,023 | ||||||||||
| Hawaiian Electric Co., Inc.(1) | 6.00 | 10/01/33 | 275,000 | 278,263 | ||||||||||
| Leeward Renewable Energy Operations LLC(1) | 4.25 | 07/01/29 | 160,000 | 153,037 | ||||||||||
| Lightning Power LLC(1) | 7.25 | 08/15/32 | 805,000 | 854,892 | ||||||||||
| NRG Energy, Inc.(1) | 3.38 | 02/15/29 | 280,000 | 266,443 | ||||||||||
| NRG Energy, Inc.(1) | 3.63 | 02/15/31 | 555,000 | 518,432 | ||||||||||
| NRG Energy, Inc.(1) | 3.88 | 02/15/32 | 265,000 | 246,105 | ||||||||||
| NRG Energy, Inc.(1) | 5.25 | 06/15/29 | 405,000 | 407,008 | ||||||||||
| NRG Energy, Inc. | 5.75 | 01/15/28 | 450,000 | 451,878 | ||||||||||
| NRG Energy, Inc.(1) | 5.75 | 07/15/29 | 425,000 | 428,733 | ||||||||||
| NRG Energy, Inc.(1) | 5.75 | 01/15/34 | 660,000 | 665,089 | ||||||||||
| NRG Energy, Inc.(1) | 6.00 | 02/01/33 | 455,000 | 464,479 | ||||||||||
| NRG Energy, Inc.(1) | 6.00 | 01/15/36 | 1,260,000 | 1,282,501 | ||||||||||
| NRG Energy, Inc.(1) | 6.25 | 11/01/34 | 505,000 | 520,312 | ||||||||||
| PacifiCorp | 7.38 | 09/15/55 | 450,000 | 473,329 | ||||||||||
| Pattern Energy Operations LP/Pattern Energy Operations, Inc.(1) | 4.50 | 08/15/28 | 320,000 | 312,207 | ||||||||||
| PG&E Corp. | 5.00 | 07/01/28 | 520,000 | 516,699 | ||||||||||
| PG&E Corp. | 5.25 | 07/01/30 | 540,000 | 534,724 | ||||||||||
| PG&E Corp. | 7.38 | 03/15/55 | 780,000 | 803,326 | ||||||||||
| Talen Energy Supply LLC(1) | 8.63 | 06/01/30 | 645,000 | 684,895 | ||||||||||
| TransAlta Corp. | 6.50 | 03/15/40 | 140,000 | 142,087 | ||||||||||
| TransAlta Corp. | 7.75 | 11/15/29 | 225,000 | 234,438 | ||||||||||
| Vistra Operations Co. LLC(1) | 4.38 | 05/01/29 | 705,000 | 692,663 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.00 | 07/31/27 | 625,000 | 625,729 | ||||||||||
| Vistra Operations Co. LLC(1) | 5.63 | 02/15/27 | 650,000 | 650,618 | ||||||||||
| Vistra Operations Co. LLC(1) | 6.88 | 04/15/32 | 525,000 | 551,831 | ||||||||||
| Vistra Operations Co. LLC(1) | 7.75 | 10/15/31 | 850,000 | 902,652 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 4.50 | 09/15/27 | 310,000 | 303,863 | ||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 7.25 | 01/15/29 | 415,000 | 427,156 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 5.0% (Continued) | ||||||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.38 | 01/15/31 | $ | 390,000 | $ | 408,309 | ||||||||
| XPLR Infrastructure Operating Partners LP(1) | 8.63 | 03/15/33 | 500,000 | 524,984 | ||||||||||
| 21,520,314 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.6% | ||||||||||||||
| EnerSys(1) | 4.38 | 12/15/27 | 140,000 | 138,341 | ||||||||||
| EnerSys(1) | 6.63 | 01/15/32 | 190,000 | 195,523 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/29 | 525,000 | 543,070 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.38 | 03/15/33 | 430,000 | 449,629 | ||||||||||
| WESCO Distribution, Inc.(1) | 6.63 | 03/15/32 | 435,000 | 455,206 | ||||||||||
| WESCO Distribution, Inc.(1) | 7.25 | 06/15/28 | 690,000 | 700,052 | ||||||||||
| 2,481,821 | ||||||||||||||
| ELECTRONICS – 0.9% | ||||||||||||||
| Atkore, Inc.(1) | 4.25 | 06/01/31 | 215,000 | 203,427 | ||||||||||
| Coherent Corp.(1) | 5.00 | 12/15/29 | 525,000 | 519,890 | ||||||||||
| Imola Merger Corp.(1) | 4.75 | 05/15/29 | 1,075,000 | 1,060,558 | ||||||||||
| Sensata Technologies BV(1) | 4.00 | 04/15/29 | 550,000 | 536,499 | ||||||||||
| Sensata Technologies BV(1) | 5.88 | 09/01/30 | 235,000 | 237,527 | ||||||||||
| Sensata Technologies, Inc.(1) | 3.75 | 02/15/31 | 410,000 | 381,441 | ||||||||||
| Sensata Technologies, Inc.(1) | 4.38 | 02/15/30 | 245,000 | 236,510 | ||||||||||
| Sensata Technologies, Inc.(1) | 6.63 | 07/15/32 | 245,000 | 255,374 | ||||||||||
| TTM Technologies, Inc.(1) | 4.00 | 03/01/29 | 235,000 | 227,176 | ||||||||||
| 3,658,402 | ||||||||||||||
| ENERGY-ALTERNATE SOURCES – 0.2% | ||||||||||||||
| TerraForm Power Operating LLC(1) | 4.75 | 01/15/30 | 405,000 | 388,772 | ||||||||||
| TerraForm Power Operating LLC(1) | 5.00 | 01/31/28 | 330,000 | 328,988 | ||||||||||
| 717,760 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.8% | ||||||||||||||
| AECOM(1) | 6.00 | 08/01/33 | 645,000 | 662,421 | ||||||||||
| ATP Tower Holdings/Andean Telecom Partners Chile SpA/Andean Tower Partners Colombia SAS(1) | 7.88 | 02/03/30 | 270,000 | 277,826 | ||||||||||
| Dycom Industries, Inc.(1) | 4.50 | 04/15/29 | 275,000 | 269,654 | ||||||||||
| Fluor Corp. | 4.25 | 09/15/28 | 235,000 | 233,532 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 5.63 | 06/01/29 | 250,000 | 250,922 | ||||||||||
| Global Infrastructure Solutions, Inc.(1) | 7.50 | 04/15/32 | 126,000 | 132,030 | ||||||||||
| HTA Group Ltd./Mauritius(1) | 7.50 | 06/04/29 | 445,000 | 462,629 | ||||||||||
| TopBuild Corp.(1) | 3.63 | 03/15/29 | 185,000 | 178,536 | ||||||||||
| TopBuild Corp.(1) | 4.13 | 02/15/32 | 275,000 | 259,194 | ||||||||||
| TopBuild Corp.(1) | 5.63 | 01/31/34 | 405,000 | 406,946 | ||||||||||
| Weekley Homes LLC/Weekley Finance Corp.(1) | 4.88 | 09/15/28 | 185,000 | 180,821 | ||||||||||
| 3,314,511 | ||||||||||||||
| ENTERTAINMENT – 3.2% | ||||||||||||||
| Brightstar Lottery PLC(1) | 5.25 | 01/15/29 | 405,000 | 404,238 | ||||||||||
| Brightstar Lottery PLC(1) | 6.25 | 01/15/27 | 385,000 | 389,053 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.50 | 02/15/32 | 805,000 | 812,206 | ||||||||||
| Caesars Entertainment, Inc.(1) | 7.00 | 02/15/30 | 1,065,000 | 1,096,464 | ||||||||||
| Live Nation Entertainment, Inc.(1) | 3.75 | 01/15/28 | 250,000 | 244,561 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENTERTAINMENT – 3.2% (Continued) | ||||||||||||||
| Live Nation Entertainment, Inc.(1) | 4.75 | 10/15/27 | $ | 500,000 | $ | 498,744 | ||||||||
| Live Nation Entertainment, Inc.(1) | 6.50 | 05/15/27 | 665,000 | 671,158 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/16/29 | 545,000 | 492,336 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 4.63 | 04/06/31 | 195,000 | 166,665 | ||||||||||
| Resorts World Las Vegas LLC/RWLV Capital, Inc.(1) | 8.45 | 07/27/30 | 180,000 | 182,602 | ||||||||||
| Six Flags Entertainment Corp./Six Flags Theme Parks, Inc./Canada’s Wonderland Co.(1) | 6.63 | 05/01/32 | 460,000 | 467,425 | ||||||||||
| Speedway Motorsports LLC/Speedway Funding II, Inc.(1) | 4.88 | 11/01/27 | 190,000 | 188,551 | ||||||||||
| Vail Resorts, Inc.(1) | 5.63 | 07/15/30 | 270,000 | 273,995 | ||||||||||
| Vail Resorts, Inc.(1) | 6.50 | 05/15/32 | 305,000 | 316,916 | ||||||||||
| Voyager Parent LLC(1) | 9.25 | 07/01/32 | 990,000 | 1,038,617 | ||||||||||
| Warnermedia Holdings, Inc. | 3.76 | 03/15/27 | 745,000 | 738,008 | ||||||||||
| Warnermedia Holdings, Inc. | 4.05 | 03/15/29 | 695,000 | 675,380 | ||||||||||
| Warnermedia Holdings, Inc. | 4.28 | 03/15/32 | 180,000 | 156,780 | ||||||||||
| Warnermedia Holdings, Inc. | 4.28 | 03/15/32 | 1,430,000 | 1,311,578 | ||||||||||
| Warnermedia Holdings, Inc. | 5.05 | 03/15/42 | 2,165,000 | 1,740,249 | ||||||||||
| Warnermedia Holdings, Inc. | 5.14 | 03/15/52 | 545,000 | 415,562 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 5.13 | 10/01/29 | 430,000 | 430,174 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 6.25 | 03/15/33 | 390,000 | 396,563 | ||||||||||
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.(1) | 7.13 | 02/15/31 | 540,000 | 580,302 | ||||||||||
| 13,688,127 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.6% | ||||||||||||||
| Clean Harbors, Inc.(1) | 5.13 | 07/15/29 | 220,000 | 219,861 | ||||||||||
| Clean Harbors, Inc.(1) | 5.75 | 10/15/33 | 350,000 | 357,961 | ||||||||||
| Clean Harbors, Inc.(1) | 6.38 | 02/01/31 | 240,000 | 246,098 | ||||||||||
| GFL Environmental, Inc.(1) | 4.00 | 08/01/28 | 400,000 | 391,591 | ||||||||||
| GFL Environmental, Inc.(1) | 4.38 | 08/15/29 | 320,000 | 313,207 | ||||||||||
| GFL Environmental, Inc.(1) | 4.75 | 06/15/29 | 350,000 | 346,612 | ||||||||||
| GFL Environmental, Inc.(1) | 6.75 | 01/15/31 | 560,000 | 586,531 | ||||||||||
| Wrangler Holdco Corp.(1) | 6.63 | 04/01/32 | 250,000 | 261,481 | ||||||||||
| 2,723,342 | ||||||||||||||
| FOOD – 2.5% | ||||||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.25 | 03/15/26 | 10,000 | 9,992 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 3.50 | 03/15/29 | 675,000 | 644,060 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.63 | 01/15/27 | 735,000 | 734,242 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 4.88 | 02/15/30 | 585,000 | 578,466 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.50 | 03/31/31 | 370,000 | 373,387 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.75 | 03/31/34 | 420,000 | 422,376 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 5.88 | 02/15/28 | 380,000 | 380,878 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.25 | 03/15/33 | 365,000 | 375,711 | ||||||||||
| Albertsons Cos, Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC(1) | 6.50 | 02/15/28 | 350,000 | 356,788 | ||||||||||
| Ingles Markets, Inc.(1) | 4.00 | 06/15/31 | 190,000 | 178,251 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.13 | 01/31/30 | 500,000 | 484,680 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.38 | 01/31/32 | 385,000 | 367,311 | ||||||||||
| Lamb Weston Holdings, Inc.(1) | 4.88 | 05/15/28 | 275,000 | 275,791 | ||||||||||
| Performance Food Group, Inc.(1) | 4.25 | 08/01/29 | 545,000 | 532,144 | ||||||||||
| Performance Food Group, Inc.(1) | 5.50 | 10/15/27 | 555,000 | 555,646 | ||||||||||
| Performance Food Group, Inc.(1) | 6.13 | 09/15/32 | 535,000 | 549,952 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 2.5% (Continued) | ||||||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | $ | 580,000 | $ | 532,053 | ||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 375,000 | 363,253 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 450,000 | 480,390 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 235,000 | 260,487 | ||||||||||
| Post Holdings, Inc.(1) | 6.25 | 02/15/32 | 525,000 | 540,299 | ||||||||||
| Safeway, Inc. | 7.25 | 02/01/31 | 110,000 | 119,435 | ||||||||||
| US Foods, Inc.(1) | 4.63 | 06/01/30 | 265,000 | 260,350 | ||||||||||
| US Foods, Inc.(1) | 4.75 | 02/15/29 | 455,000 | 450,440 | ||||||||||
| US Foods, Inc.(1) | 5.75 | 04/15/33 | 275,000 | 279,308 | ||||||||||
| US Foods, Inc.(1) | 6.88 | 09/15/28 | 275,000 | 283,959 | ||||||||||
| US Foods, Inc.(1) | 7.25 | 01/15/32 | 275,000 | 288,865 | ||||||||||
| 10,678,514 | ||||||||||||||
| GAS – 0.1% | ||||||||||||||
| AltaGas Ltd.(1) | 7.20 | 10/15/54 | 485,000 | 497,620 | ||||||||||
| HEALTHCARE-PRODUCTS – 1.4% | ||||||||||||||
| Avantor Funding, Inc.(1) | 3.88 | 11/01/29 | 430,000 | 408,747 | ||||||||||
| Avantor Funding, Inc.(1) | 4.63 | 07/15/28 | 805,000 | 792,597 | ||||||||||
| Dentsply Sirona, Inc. | 8.38 | 09/12/55 | 290,000 | 299,028 | ||||||||||
| Hologic, Inc.(1) | 3.25 | 02/15/29 | 495,000 | 488,981 | ||||||||||
| Hologic, Inc.(1) | 4.63 | 02/01/28 | 215,000 | 215,337 | ||||||||||
| Medline Borrower LP(1) | 3.88 | 04/01/29 | 2,400,000 | 2,332,635 | ||||||||||
| Medline Borrower LP/Medline Co.-Issuer, Inc.(1) | 6.25 | 04/01/29 | 785,000 | 808,552 | ||||||||||
| Teleflex, Inc.(1) | 4.25 | 06/01/28 | 234,000 | 229,436 | ||||||||||
| Teleflex, Inc. | 4.63 | 11/15/27 | 311,000 | 309,622 | ||||||||||
| 5,884,935 | ||||||||||||||
| HEALTHCARE-SERVICES – 3.2% | ||||||||||||||
| Charles River Laboratories International, Inc.(1) | 3.75 | 03/15/29 | 285,000 | 273,460 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.00 | 03/15/31 | 275,000 | 259,511 | ||||||||||
| Charles River Laboratories International, Inc.(1) | 4.25 | 05/01/28 | 253,000 | 250,308 | ||||||||||
| DaVita, Inc.(1) | 3.75 | 02/15/31 | 805,000 | 739,736 | ||||||||||
| DaVita, Inc.(1) | 4.63 | 06/01/30 | 1,450,000 | 1,401,499 | ||||||||||
| DaVita, Inc.(1) | 6.75 | 07/15/33 | 520,000 | 539,605 | ||||||||||
| DaVita, Inc.(1) | 6.88 | 09/01/32 | 570,000 | 591,096 | ||||||||||
| Encompass Health Corp. | 4.50 | 02/01/28 | 435,000 | 432,005 | ||||||||||
| Encompass Health Corp. | 4.63 | 04/01/31 | 215,000 | 209,937 | ||||||||||
| Encompass Health Corp. | 4.75 | 02/01/30 | 420,000 | 415,925 | ||||||||||
| IQVIA, Inc.(1) | 5.00 | 05/15/27 | 590,000 | 590,207 | ||||||||||
| IQVIA, Inc.(1) | 6.25 | 06/01/32 | 1,075,000 | 1,121,780 | ||||||||||
| IQVIA, Inc.(1) | 6.50 | 05/15/30 | 250,000 | 259,841 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 11/15/30 | 355,000 | 327,786 | ||||||||||
| Molina Healthcare, Inc.(1) | 3.88 | 05/15/32 | 395,000 | 356,506 | ||||||||||
| Molina Healthcare, Inc.(1) | 4.38 | 06/15/28 | 378,000 | 368,446 | ||||||||||
| Molina Healthcare, Inc.(1) | 6.25 | 01/15/33 | 455,000 | 458,460 | ||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 225,000 | 223,784 | ||||||||||
| Tenet Healthcare Corp. | 4.25 | 06/01/29 | 733,000 | 717,246 | ||||||||||
| Tenet Healthcare Corp. | 4.38 | 01/15/30 | 785,000 | 766,791 | ||||||||||
| Tenet Healthcare Corp. | 4.63 | 06/15/28 | 355,000 | 353,808 | ||||||||||
| Tenet Healthcare Corp. | 5.13 | 11/01/27 | 805,000 | 804,659 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 3.2% (Continued) | ||||||||||||||
| Tenet Healthcare Corp. | 6.13 | 06/15/30 | $ | 1,070,000 | $ | 1,091,175 | ||||||||
| Tenet Healthcare Corp. | 6.75 | 05/15/31 | 675,000 | 700,883 | ||||||||||
| Toledo Hospital | 4.98 | 11/15/45 | 135,000 | 116,064 | ||||||||||
| Toledo Hospital | 5.33 | 11/15/28 | 195,000 | 199,411 | ||||||||||
| Toledo Hospital | 6.02 | 11/15/48 | 200,000 | 193,630 | ||||||||||
| 13,763,559 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.2% | ||||||||||||||
| Stena International SA(1) | 7.25 | 01/15/31 | 460,000 | 471,001 | ||||||||||
| Stena International SA(1) | 7.63 | 02/15/31 | 215,000 | 220,429 | ||||||||||
| 691,430 | ||||||||||||||
| HOME BUILDERS – 1.5% | ||||||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 08/01/29 | 135,000 | 127,934 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 4.63 | 04/01/30 | 280,000 | 264,316 | ||||||||||
| Ashton Woods USA LLC/Ashton Woods Finance Co.(1) | 6.88 | 08/01/33 | 220,000 | 220,718 | ||||||||||
| Century Communities, Inc.(1) | 3.88 | 08/15/29 | 265,000 | 248,703 | ||||||||||
| Century Communities, Inc.(1) | 6.63 | 09/15/33 | 265,000 | 264,450 | ||||||||||
| Dream Finders Homes, Inc.(1) | 6.88 | 09/15/30 | 175,000 | 174,292 | ||||||||||
| Dream Finders Homes, Inc.(1) | 8.25 | 08/15/28 | 138,000 | 142,437 | ||||||||||
| Forestar Group, Inc.(1) | 5.00 | 03/01/28 | 233,000 | 232,992 | ||||||||||
| Forestar Group, Inc.(1) | 6.50 | 03/15/33 | 205,000 | 210,192 | ||||||||||
| Installed Building Products, Inc.(1) | 5.75 | 02/01/28 | 170,000 | 170,624 | ||||||||||
| KB Home | 4.00 | 06/15/31 | 215,000 | 203,131 | ||||||||||
| KB Home | 4.80 | 11/15/29 | 170,000 | 169,213 | ||||||||||
| KB Home | 6.88 | 06/15/27 | 175,000 | 178,681 | ||||||||||
| KB Home | 7.25 | 07/15/30 | 165,000 | 170,215 | ||||||||||
| LGI Homes, Inc.(1) | 4.00 | 07/15/29 | 180,000 | 161,815 | ||||||||||
| LGI Homes, Inc.(1) | 7.00 | 11/15/32 | 190,000 | 182,554 | ||||||||||
| LGI Homes, Inc.(1) | 8.75 | 12/15/28 | 206,000 | 214,368 | ||||||||||
| M/I Homes, Inc. | 3.95 | 02/15/30 | 180,000 | 171,564 | ||||||||||
| M/I Homes, Inc. | 4.95 | 02/01/28 | 200,000 | 199,510 | ||||||||||
| Mattamy Group Corp.(1) | 4.63 | 03/01/30 | 300,000 | 291,265 | ||||||||||
| Mattamy Group Corp.(1) | 5.25 | 12/15/27 | 296,000 | 295,061 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 02/15/28 | 250,000 | 247,715 | ||||||||||
| Shea Homes LP/Shea Homes Funding Corp. | 4.75 | 04/01/29 | 140,000 | 137,115 | ||||||||||
| STL Holding Co. LLC(1) | 8.75 | 02/15/29 | 155,000 | 162,640 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.13 | 08/01/30 | 273,000 | 272,877 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.75 | 01/15/28 | 221,000 | 224,386 | ||||||||||
| Taylor Morrison Communities, Inc.(1) | 5.88 | 06/15/27 | 270,000 | 272,892 | ||||||||||
| Thor Industries, Inc.(1) | 4.00 | 10/15/29 | 275,000 | 262,024 | ||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 100,000 | 100,456 | ||||||||||
| Tri Pointe Homes, Inc. | 5.70 | 06/15/28 | 255,000 | 257,537 | ||||||||||
| 6,231,677 | ||||||||||||||
| HOME FURNISHINGS – 0.7% | ||||||||||||||
| Somnigroup International, Inc.(1) | 3.88 | 10/15/31 | 430,000 | 397,907 | ||||||||||
| Somnigroup International, Inc.(1) | 4.00 | 04/15/29 | 435,000 | 419,426 | ||||||||||
| Whirlpool Corp. | 2.40 | 05/15/31 | 160,000 | 133,166 | ||||||||||
| Whirlpool Corp. | 4.50 | 06/01/46 | 235,000 | 178,287 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOME FURNISHINGS – 0.7% (Continued) | ||||||||||||||
| Whirlpool Corp. | 4.60 | 05/15/50 | $ | 285,000 | $ | 212,582 | ||||||||
| Whirlpool Corp. | 4.70 | 05/14/32 | 130,000 | 119,177 | ||||||||||
| Whirlpool Corp. | 4.75 | 02/26/29 | 370,000 | 364,991 | ||||||||||
| Whirlpool Corp. | 5.15 | 03/01/43 | 130,000 | 109,125 | ||||||||||
| Whirlpool Corp. | 5.50 | 03/01/33 | 145,000 | 136,398 | ||||||||||
| Whirlpool Corp. | 5.75 | 03/01/34 | 160,000 | 153,099 | ||||||||||
| Whirlpool Corp. | 6.13 | 06/15/30 | 350,000 | 346,781 | ||||||||||
| Whirlpool Corp. | 6.50 | 06/15/33 | 340,000 | 331,978 | ||||||||||
| 2,902,917 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.1% | ||||||||||||||
| Central Garden & Pet Co. | 4.13 | 10/15/30 | 245,000 | 233,591 | ||||||||||
| Central Garden & Pet Co.(1) | 4.13 | 04/30/31 | 220,000 | 206,277 | ||||||||||
| Central Garden & Pet Co. | 5.13 | 02/01/28 | 180,000 | 180,011 | ||||||||||
| 619,879 | ||||||||||||||
| INSURANCE – 0.8% | ||||||||||||||
| American National Group, Inc. | 7.00 | 12/01/55 | 260,000 | 266,589 | ||||||||||
| APH Somerset Investor 2 LLC/APH2 Somerset Investor 2 LLC/APH3 Somerset Inves(1) | 7.88 | 11/01/29 | 395,000 | 407,158 | ||||||||||
| Assurant, Inc. | 7.00 | 03/27/48 | 195,000 | 200,513 | ||||||||||
| Fidelis Insurance Holdings Ltd. | 7.75 | 06/15/55 | 210,000 | 227,867 | ||||||||||
| Global Atlantic Finance Co.(1) | 7.95 | 10/15/54 | 330,000 | 345,511 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.13 | 12/15/51 | 265,000 | 259,098 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 4.30 | 02/01/61 | 430,000 | 276,529 | ||||||||||
| Liberty Mutual Group, Inc.(1) | 7.80 | 03/15/37 | 235,000 | 269,998 | ||||||||||
| Nassau Cos of New York(1) | 7.88 | 07/15/30 | 240,000 | 244,964 | ||||||||||
| Ryan Specialty LLC(1) | 4.38 | 02/01/30 | 224,000 | 219,258 | ||||||||||
| Ryan Specialty LLC(1) | 5.88 | 08/01/32 | 620,000 | 630,900 | ||||||||||
| Wilton RE Ltd.(1),(2) | 6.00 | - | 215,000 | 213,468 | ||||||||||
| 3,561,853 | ||||||||||||||
| INTERNET – 2.0% | ||||||||||||||
| Cogent Communications Group LLC/Cogent Finance, Inc.(1) | 6.50 | 07/01/32 | 330,000 | 315,551 | ||||||||||
| Gen Digital, Inc.(1) | 6.25 | 04/01/33 | 515,000 | 531,451 | ||||||||||
| Gen Digital, Inc.(1) | 6.75 | 09/30/27 | 425,000 | 431,939 | ||||||||||
| Gen Digital, Inc.(1) | 7.13 | 09/30/30 | 369,000 | 381,994 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 3.50 | 03/01/29 | 375,000 | 357,437 | ||||||||||
| Go Daddy Operating Co. LLC/GD Finance Co., Inc.(1) | 5.25 | 12/01/27 | 380,000 | 380,695 | ||||||||||
| Match Group Holdings II LLC(1) | 3.63 | 10/01/31 | 255,000 | 231,382 | ||||||||||
| Match Group Holdings II LLC(1) | 4.13 | 08/01/30 | 275,000 | 259,087 | ||||||||||
| Match Group Holdings II LLC(1) | 4.63 | 06/01/28 | 235,000 | 231,793 | ||||||||||
| Match Group Holdings II LLC(1) | 5.00 | 12/15/27 | 245,000 | 244,319 | ||||||||||
| Match Group Holdings II LLC(1) | 5.63 | 02/15/29 | 205,000 | 204,705 | ||||||||||
| Match Group Holdings II LLC(1) | 6.13 | 09/15/33 | 385,000 | 387,955 | ||||||||||
| Rakuten Group, Inc.(1) | 9.75 | 04/15/29 | 1,090,000 | 1,223,587 | ||||||||||
| Rakuten Group, Inc.(1) | 11.25 | 02/15/27 | 950,000 | 1,027,404 | ||||||||||
| Snap, Inc.(1) | 6.88 | 03/01/33 | 785,000 | 803,585 | ||||||||||
| Snap, Inc.(1) | 6.88 | 03/15/34 | 295,000 | 301,017 | ||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 425,000 | 440,542 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INTERNET – 2.0% (Continued) | ||||||||||||||
| Wayfair LLC(1) | 7.75 | 09/15/30 | $ | 380,000 | $ | 401,805 | ||||||||
| Ziff Davis, Inc.(1) | 4.63 | 10/15/30 | 255,000 | 240,021 | ||||||||||
| 8,396,269 | ||||||||||||||
| INVESTMENT COMPANIES – 0.1% | ||||||||||||||
| BlackRock TCP Capital Corp. | 6.95 | 05/30/29 | 160,000 | 162,542 | ||||||||||
| Prospect Capital Corp. | 3.36 | 11/15/26 | 165,000 | 159,928 | ||||||||||
| Prospect Capital Corp. | 3.44 | 10/15/28 | 140,000 | 126,056 | ||||||||||
| 448,526 | ||||||||||||||
| IRON/STEEL – 1.7% | ||||||||||||||
| Big River Steel LLC/BRS Finance Corp.(1) | 6.63 | 01/31/29 | 380,000 | 380,909 | ||||||||||
| Carpenter Technology Corp. | 6.38 | 07/15/28 | 240,000 | 241,223 | ||||||||||
| Carpenter Technology Corp. | 7.63 | 03/15/30 | 140,000 | 144,341 | ||||||||||
| Champion Iron Canada, Inc.(1) | 7.88 | 07/15/32 | 265,000 | 278,063 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.63 | 03/01/29 | 195,000 | 190,709 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 4.88 | 03/01/31 | 172,000 | 162,722 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.75 | 04/15/30 | 390,000 | 399,132 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 6.88 | 11/01/29 | 480,000 | 493,305 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.00 | 03/15/32 | 738,000 | 755,522 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.38 | 05/01/33 | 555,000 | 574,794 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.50 | 09/15/31 | 455,000 | 476,671 | ||||||||||
| Cleveland-Cliffs, Inc.(1) | 7.63 | 01/15/34 | 595,000 | 619,057 | ||||||||||
| Commercial Metals Co. | 3.88 | 02/15/31 | 225,000 | 210,537 | ||||||||||
| Commercial Metals Co. | 4.13 | 01/15/30 | 255,000 | 245,903 | ||||||||||
| Mineral Resources Ltd.(1) | 7.00 | 04/01/31 | 415,000 | 429,909 | ||||||||||
| Mineral Resources Ltd.(1) | 8.00 | 11/01/27 | 330,000 | 337,243 | ||||||||||
| Mineral Resources Ltd.(1) | 8.50 | 05/01/30 | 315,000 | 328,639 | ||||||||||
| Mineral Resources Ltd.(1) | 9.25 | 10/01/28 | 555,000 | 582,615 | ||||||||||
| United States Steel Corp. | 6.65 | 06/01/37 | 125,000 | 130,373 | ||||||||||
| United States Steel Corp. | 6.88 | 03/01/29 | 264,000 | 266,766 | ||||||||||
| 7,248,433 | ||||||||||||||
| LEISURE TIME – 2.0% | ||||||||||||||
| Acushnet Co.(1) | 7.38 | 10/15/28 | 190,000 | 197,304 | ||||||||||
| Amer Sports Co.(1) | 6.75 | 02/16/31 | 420,000 | 437,809 | ||||||||||
| Carnival Corp.(1) | 5.13 | 05/01/29 | 650,000 | 658,442 | ||||||||||
| Carnival Corp.(1) | 5.75 | 03/15/30 | 525,000 | 541,091 | ||||||||||
| Carnival Corp.(1) | 5.75 | 08/01/32 | 1,570,000 | 1,614,796 | ||||||||||
| Carnival Corp.(1) | 5.88 | 06/15/31 | 540,000 | 557,318 | ||||||||||
| Carnival Corp.(1) | 6.00 | 05/01/29 | 945,000 | 959,175 | ||||||||||
| Carnival Corp.(1) | 6.13 | 02/15/33 | 1,060,000 | 1,093,777 | ||||||||||
| Life Time, Inc.(1) | 6.00 | 11/15/31 | 275,000 | 279,037 | ||||||||||
| Viking Cruises Ltd.(1) | 5.88 | 10/15/33 | 860,000 | 874,785 | ||||||||||
| Viking Cruises Ltd.(1) | 7.00 | 02/15/29 | 260,000 | 261,633 | ||||||||||
| Viking Cruises Ltd.(1) | 9.13 | 07/15/31 | 400,000 | 428,816 | ||||||||||
| Viking Ocean Cruises Ship VII Ltd.(1) | 5.63 | 02/15/29 | 155,000 | 154,944 | ||||||||||
| VOC Escrow Ltd.(1) | 5.00 | 02/15/28 | 425,000 | 424,805 | ||||||||||
| 8,483,732 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| LODGING – 2.3% | ||||||||||||||
| Boyd Gaming Corp. | 4.75 | 12/01/27 | $ | 480,000 | $ | 478,371 | ||||||||
| Boyd Gaming Corp.(1) | 4.75 | 06/15/31 | 545,000 | 525,178 | ||||||||||
| Genting New York LLC/GENNY Capital, Inc.(1) | 7.25 | 10/01/29 | 295,000 | 305,613 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.63 | 02/15/32 | 845,000 | 779,152 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 3.75 | 05/01/29 | 465,000 | 450,100 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 4.00 | 05/01/31 | 590,000 | 561,152 | ||||||||||
| Hilton Domestic Operating Co., Inc. | 4.88 | 01/15/30 | 475,000 | 474,611 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 05/01/28 | 295,000 | 295,513 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.75 | 09/15/33 | 475,000 | 484,203 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 04/01/29 | 304,000 | 310,517 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 5.88 | 03/15/33 | 540,000 | 553,920 | ||||||||||
| Hilton Domestic Operating Co., Inc.(1) | 6.13 | 04/01/32 | 240,000 | 247,831 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 6.63 | 01/15/32 | 495,000 | 502,655 | ||||||||||
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | 4.88 | 04/01/27 | 310,000 | 310,419 | ||||||||||
| MGM Resorts International | 4.75 | 10/15/28 | 405,000 | 402,534 | ||||||||||
| MGM Resorts International | 5.50 | 04/15/27 | 345,000 | 347,060 | ||||||||||
| MGM Resorts International | 6.13 | 09/15/29 | 460,000 | 468,655 | ||||||||||
| MGM Resorts International | 6.50 | 04/15/32 | 385,000 | 391,206 | ||||||||||
| Travel + Leisure Co.(1) | 4.50 | 12/01/29 | 345,000 | 336,095 | ||||||||||
| Travel + Leisure Co.(1) | 4.63 | 03/01/30 | 195,000 | 189,689 | ||||||||||
| Travel + Leisure Co. | 6.00 | 04/01/27 | 220,000 | 223,225 | ||||||||||
| Travel + Leisure Co.(1) | 6.13 | 09/01/33 | 250,000 | 252,908 | ||||||||||
| Wyndham Hotels & Resorts, Inc.(1) | 4.38 | 08/15/28 | 280,000 | 275,390 | ||||||||||
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.(1) | 5.25 | 05/15/27 | 485,000 | 486,201 | ||||||||||
| 9,652,198 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.3% | ||||||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 06/30/28 | 215,000 | 210,831 | ||||||||||
| BWX Technologies, Inc.(1) | 4.13 | 04/15/29 | 220,000 | 215,381 | ||||||||||
| Terex Corp.(1) | 5.00 | 05/15/29 | 285,000 | 279,972 | ||||||||||
| Terex Corp.(1) | 6.25 | 10/15/32 | 440,000 | 446,738 | ||||||||||
| 1,152,922 | ||||||||||||||
| MACHINERY-DIVERSIFIED – 0.4% | ||||||||||||||
| ATS Corp.(1) | 4.13 | 12/15/28 | 200,000 | 194,078 | ||||||||||
| Chart Industries, Inc.(1) | 7.50 | 01/01/30 | 785,000 | 819,659 | ||||||||||
| Esab Corp.(1) | 6.25 | 04/15/29 | 380,000 | 389,353 | ||||||||||
| Mueller Water Products, Inc.(1) | 4.00 | 06/15/29 | 240,000 | 232,046 | ||||||||||
| 1,635,136 | ||||||||||||||
| MEDIA – 5.8% | ||||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 02/01/31 | 1,010,000 | 915,149 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.25 | 01/15/34 | 680,000 | 571,757 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 08/15/30 | 915,000 | 858,402 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | 05/01/32 | 960,000 | 854,572 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.50 | 06/01/33 | 595,000 | 516,458 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 03/01/30 | 1,035,000 | 984,818 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 4.75 | 02/01/32 | 405,000 | 366,995 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.00 | 02/01/28 | 855,000 | 846,953 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 1,090,000 | 1,084,397 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 5.8% (Continued) | ||||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.38 | 06/01/29 | $ | 505,000 | $ | 498,773 | ||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 6.38 | 09/01/29 | 505,000 | 509,300 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 7.38 | 03/01/31 | 375,000 | 380,998 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 855,000 | 851,006 | ||||||||||
| Directv Financing LLC(1) | 8.88 | 02/01/30 | 400,000 | 398,071 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 5.88 | 08/15/27 | 899,000 | 899,604 | ||||||||||
| Directv Financing LLC/Directv Financing Co.-Obligor, Inc.(1) | 10.00 | 02/15/31 | 1,105,000 | 1,101,816 | ||||||||||
| Discovery Communications LLC | 3.63 | 05/15/30 | 525,000 | 486,544 | ||||||||||
| Discovery Communications LLC | 3.95 | 03/20/28 | 615,000 | 603,017 | ||||||||||
| Discovery Communications LLC | 4.13 | 05/15/29 | 280,000 | 271,083 | ||||||||||
| Discovery Communications LLC | 5.00 | 09/20/37 | 210,000 | 177,847 | ||||||||||
| Discovery Communications LLC | 6.35 | 06/01/40 | 265,000 | 239,056 | ||||||||||
| Nexstar Media, Inc.(1) | 4.75 | 11/01/28 | 540,000 | 531,940 | ||||||||||
| Nexstar Media, Inc.(1) | 5.63 | 07/15/27 | 910,000 | 910,195 | ||||||||||
| Paramount Global | 6.25 | 02/28/57 | 310,000 | 304,161 | ||||||||||
| Paramount Global | 6.38 | 03/30/62 | 580,000 | 573,209 | ||||||||||
| Sirius XM Radio LLC(1) | 3.88 | 09/01/31 | 805,000 | 731,053 | ||||||||||
| Sirius XM Radio LLC(1) | 4.00 | 07/15/28 | 970,000 | 943,370 | ||||||||||
| Sirius XM Radio LLC(1) | 4.13 | 07/01/30 | 885,000 | 833,801 | ||||||||||
| Sirius XM Radio LLC(1) | 5.00 | 08/01/27 | 875,000 | 873,586 | ||||||||||
| Sirius XM Radio LLC(1) | 5.50 | 07/01/29 | 590,000 | 591,369 | ||||||||||
| Sunrise FinCo I BV(1) | 4.88 | 07/15/31 | 650,000 | 620,623 | ||||||||||
| TEGNA, Inc. | 4.63 | 03/15/28 | 540,000 | 535,006 | ||||||||||
| TEGNA, Inc. | 5.00 | 09/15/29 | 580,000 | 576,076 | ||||||||||
| Versant Media Group, Inc.(1) | 7.25 | 01/30/31 | 525,000 | 535,475 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 4.50 | 08/15/30 | 465,000 | 432,553 | ||||||||||
| Virgin Media Secured Finance PLC(1) | 5.50 | 05/15/29 | 753,000 | 739,857 | ||||||||||
| VZ Secured Financing BV(1) | 5.00 | 01/15/32 | 895,000 | 813,784 | ||||||||||
| VZ Secured Financing BV(1) | 7.50 | 01/15/33 | 275,000 | 280,529 | ||||||||||
| Ziggo BV(1) | 4.88 | 01/15/30 | 490,000 | 462,881 | ||||||||||
| 24,706,084 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.2% | ||||||||||||||
| Advanced Drainage Systems, Inc.(1) | 5.00 | 09/30/27 | 195,000 | 194,664 | ||||||||||
| Advanced Drainage Systems, Inc.(1) | 6.38 | 06/15/30 | 265,000 | 270,184 | ||||||||||
| Vallourec SACA(1) | 7.50 | 04/15/32 | 405,000 | 430,970 | ||||||||||
| 895,818 | ||||||||||||||
| MINING – 1.4% | ||||||||||||||
| Alcoa Nederland Holding BV(1) | 4.13 | 03/31/29 | 240,000 | 233,783 | ||||||||||
| Alcoa Nederland Holding BV(1) | 7.13 | 03/15/31 | 410,000 | 433,722 | ||||||||||
| Alumina Pty Ltd.(1) | 6.13 | 03/15/30 | 274,000 | 281,107 | ||||||||||
| Alumina Pty Ltd.(1) | 6.38 | 09/15/32 | 275,000 | 284,834 | ||||||||||
| Arsenal AIC Parent LLC(1) | 8.00 | 10/01/30 | 380,000 | 404,168 | ||||||||||
| Constellium SE(1) | 3.75 | 04/15/29 | 274,000 | 261,814 | ||||||||||
| Constellium SE(1) | 5.63 | 06/15/28 | 175,000 | 174,742 | ||||||||||
| Constellium SE(1) | 6.38 | 08/15/32 | 190,000 | 195,612 | ||||||||||
| Fortescue Treasury Pty Ltd.(1) | 4.38 | 04/01/31 | 538,000 | 521,081 | ||||||||||
| Fortescue Treasury Pty Ltd.(1) | 4.50 | 09/15/27 | 315,000 | 313,961 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MINING – 1.4% (Continued) | ||||||||||||||
| Fortescue Treasury Pty Ltd.(1) | 5.88 | 04/15/30 | $ | 238,000 | $ | 245,736 | ||||||||
| Fortescue Treasury Pty Ltd.(1) | 6.13 | 04/15/32 | 430,000 | 449,012 | ||||||||||
| Novelis Corp.(1) | 3.88 | 08/15/31 | 385,000 | 353,064 | ||||||||||
| Novelis Corp.(1) | 4.75 | 01/30/30 | 880,000 | 851,170 | ||||||||||
| Novelis Corp.(1) | 6.38 | 08/15/33 | 410,000 | 415,750 | ||||||||||
| Novelis Corp.(1) | 6.88 | 01/30/30 | 350,000 | 363,547 | ||||||||||
| Perenti Finance Pty Ltd.(1) | 7.50 | 04/26/29 | 160,000 | 167,400 | ||||||||||
| 5,950,503 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 1.0% | ||||||||||||||
| Amsted Industries, Inc.(1) | 4.63 | 05/15/30 | 220,000 | 215,488 | ||||||||||
| Amsted Industries, Inc.(1) | 6.38 | 03/15/33 | 275,000 | 285,112 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.13 | 03/15/30 | 565,000 | 581,689 | ||||||||||
| Axon Enterprise, Inc.(1) | 6.25 | 03/15/33 | 355,000 | 367,817 | ||||||||||
| Enpro, Inc.(1) | 6.13 | 06/01/33 | 245,000 | 251,239 | ||||||||||
| Entegris, Inc.(1) | 3.63 | 05/01/29 | 220,000 | 210,063 | ||||||||||
| Entegris, Inc.(1) | 4.38 | 04/15/28 | 220,000 | 217,195 | ||||||||||
| Entegris, Inc.(1) | 4.75 | 04/15/29 | 855,000 | 850,486 | ||||||||||
| Entegris, Inc.(1) | 5.95 | 06/15/30 | 465,000 | 472,568 | ||||||||||
| Hillenbrand, Inc. | 3.75 | 03/01/31 | 155,000 | 155,572 | ||||||||||
| Hillenbrand, Inc. | 6.25 | 02/15/29 | 305,000 | 313,732 | ||||||||||
| Trinity Industries, Inc.(1) | 7.75 | 07/15/28 | 329,000 | 341,212 | ||||||||||
| 4,262,173 | ||||||||||||||
| OFFICE FURNISHINGS – 0.0% | ||||||||||||||
| Steelcase, Inc. | 5.13 | 01/18/29 | 185,000 | 181,069 | ||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.1% | ||||||||||||||
| Xerox Corp.(1) | 10.25 | 10/15/30 | 220,000 | 225,224 | ||||||||||
| Zebra Technologies Corp.(1) | 6.50 | 06/01/32 | 275,000 | 285,246 | ||||||||||
| 510,470 | ||||||||||||||
| OIL & GAS – 6.0% | ||||||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 5.88 | 06/30/29 | 260,000 | 260,208 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 6.63 | 10/15/32 | 330,000 | 337,172 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 6.63 | 07/15/33 | 275,000 | 280,132 | ||||||||||
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.(1) | 9.00 | 11/01/27 | 175,000 | 206,340 | ||||||||||
| Baytex Energy Corp.(1) | 7.38 | 03/15/32 | 315,000 | 310,421 | ||||||||||
| Baytex Energy Corp.(1) | 8.50 | 04/30/30 | 405,000 | 415,526 | ||||||||||
| California Resources Corp.(1) | 7.00 | 01/15/34 | 190,000 | 189,316 | ||||||||||
| California Resources Corp.(1) | 8.25 | 06/15/29 | 505,000 | 525,673 | ||||||||||
| Chord Energy Corp.(1) | 6.00 | 10/01/30 | 375,000 | 376,127 | ||||||||||
| Chord Energy Corp.(1) | 6.75 | 03/15/33 | 430,000 | 439,466 | ||||||||||
| Civitas Resources, Inc.(1) | 8.38 | 07/01/28 | 720,000 | 744,828 | ||||||||||
| Civitas Resources, Inc.(1) | 8.63 | 11/01/30 | 500,000 | 517,342 | ||||||||||
| Civitas Resources, Inc.(1) | 8.75 | 07/01/31 | 710,000 | 730,806 | ||||||||||
| Civitas Resources, Inc.(1) | 9.63 | 06/15/33 | 430,000 | 461,714 | ||||||||||
| CNX Resources Corp.(1) | 6.00 | 01/15/29 | 254,000 | 255,355 | ||||||||||
| CNX Resources Corp.(1) | 7.25 | 03/01/32 | 330,000 | 344,342 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 6.0% (Continued) | ||||||||||||||
| CNX Resources Corp.(1) | 7.38 | 01/15/31 | $ | 270,000 | $ | 280,324 | ||||||||
| Crescent Energy Finance LLC(1) | 7.38 | 01/15/33 | 520,000 | 491,623 | ||||||||||
| Crescent Energy Finance LLC(1) | 7.63 | 04/01/32 | 565,000 | 548,227 | ||||||||||
| Crescent Energy Finance LLC(1) | 8.38 | 01/15/34 | 363,000 | 355,390 | ||||||||||
| Crescent Energy Finance LLC(1) | 9.25 | 02/15/28 | 271,000 | 281,049 | ||||||||||
| Diamond Foreign Asset Co./Diamond Finance LLC(1) | 8.50 | 10/01/30 | 260,000 | 276,965 | ||||||||||
| Energean PLC(1) | 6.50 | 04/30/27 | 245,000 | 244,859 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 5.75 | 02/01/29 | 280,000 | 274,950 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 04/15/30 | 295,000 | 287,871 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.00 | 02/01/31 | 330,000 | 313,688 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 11/01/28 | 330,000 | 330,764 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.25 | 04/15/32 | 280,000 | 266,052 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 6.88 | 05/15/34 | 280,000 | 266,275 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 7.25 | 02/15/35 | 510,000 | 491,760 | ||||||||||
| Hilcorp Energy I LP/Hilcorp Finance Co.(1) | 8.38 | 11/01/33 | 305,000 | 315,806 | ||||||||||
| Ithaca Energy North Sea PLC(1) | 8.13 | 10/15/29 | 400,000 | 420,382 | ||||||||||
| Matador Resources Co.(1) | 6.25 | 04/15/33 | 410,000 | 410,419 | ||||||||||
| Matador Resources Co.(1) | 6.50 | 04/15/32 | 520,000 | 525,268 | ||||||||||
| Matador Resources Co.(1) | 6.88 | 04/15/28 | 220,000 | 224,329 | ||||||||||
| MEG Energy Corp.(1) | 5.88 | 02/01/29 | 331,000 | 331,471 | ||||||||||
| Murphy Oil Corp. | 5.88 | 12/01/42 | 169,000 | 144,022 | ||||||||||
| Murphy Oil Corp. | 6.00 | 10/01/32 | 325,000 | 320,603 | ||||||||||
| Noble Finance II LLC(1) | 8.00 | 04/15/30 | 735,000 | 763,333 | ||||||||||
| Parkland Corp.(1) | 4.50 | 10/01/29 | 430,000 | 416,489 | ||||||||||
| Parkland Corp.(1) | 4.63 | 05/01/30 | 430,000 | 417,499 | ||||||||||
| Parkland Corp.(1) | 5.88 | 07/15/27 | 270,000 | 270,445 | ||||||||||
| Parkland Corp.(1) | 6.63 | 08/15/32 | 265,000 | 271,459 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp. | 6.00 | 02/15/28 | 450,000 | 447,015 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 7.88 | 09/15/30 | 299,000 | 300,610 | ||||||||||
| PBF Holding Co. LLC/PBF Finance Corp.(1) | 9.88 | 03/15/30 | 375,000 | 397,849 | ||||||||||
| Permian Resources Operating LLC(1) | 5.88 | 07/01/29 | 410,000 | 410,670 | ||||||||||
| Permian Resources Operating LLC(1) | 6.25 | 02/01/33 | 540,000 | 549,969 | ||||||||||
| Permian Resources Operating LLC(1) | 7.00 | 01/15/32 | 495,000 | 513,940 | ||||||||||
| Permian Resources Operating LLC(1) | 8.00 | 04/15/27 | 320,000 | 324,607 | ||||||||||
| Permian Resources Operating LLC(1) | 9.88 | 07/15/31 | 141,000 | 152,981 | ||||||||||
| Range Resources Corp.(1) | 4.75 | 02/15/30 | 210,000 | 205,639 | ||||||||||
| Range Resources Corp. | 8.25 | 01/15/29 | 385,000 | 393,012 | ||||||||||
| Seadrill Finance Ltd.(1) | 8.38 | 08/01/30 | 270,000 | 276,432 | ||||||||||
| SM Energy Co. | 6.50 | 07/15/28 | 155,000 | 156,472 | ||||||||||
| SM Energy Co. | 6.63 | 01/15/27 | 275,000 | 276,033 | ||||||||||
| SM Energy Co.(1) | 6.75 | 08/01/29 | 350,000 | 349,531 | ||||||||||
| SM Energy Co.(1) | 7.00 | 08/01/32 | 440,000 | 430,874 | ||||||||||
| Sunoco LP(1) | 5.63 | 03/15/31 | 545,000 | 545,692 | ||||||||||
| Sunoco LP(1) | 5.88 | 03/15/34 | 455,000 | 455,219 | ||||||||||
| Sunoco LP(1) | 6.25 | 07/01/33 | 545,000 | 557,184 | ||||||||||
| Sunoco LP(1) | 7.00 | 05/01/29 | 465,000 | 485,082 | ||||||||||
| Sunoco LP(1) | 7.25 | 05/01/32 | 355,000 | 374,570 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 05/15/29 | 390,000 | 382,726 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 6.0% (Continued) | ||||||||||||||
| Sunoco LP/Sunoco Finance Corp. | 4.50 | 04/30/30 | $ | 425,000 | $ | 412,018 | ||||||||
| Sunoco LP/Sunoco Finance Corp. | 5.88 | 03/15/28 | 210,000 | 211,188 | ||||||||||
| Sunoco LP/Sunoco Finance Corp. | 6.00 | 04/15/27 | 345,000 | 346,256 | ||||||||||
| Sunoco LP/Sunoco Finance Corp.(1) | 7.00 | 09/15/28 | 270,000 | 279,415 | ||||||||||
| Valaris Ltd.(1) | 8.38 | 04/30/30 | 580,000 | 606,249 | ||||||||||
| 25,777,323 | ||||||||||||||
| OIL & GAS SERVICES – 1.3% | ||||||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.25 | 04/01/28 | 495,000 | 497,436 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.63 | 09/01/32 | 351,000 | 361,067 | ||||||||||
| Archrock Partners LP/Archrock Partners Finance Corp.(1) | 6.88 | 04/01/27 | 123,000 | 123,478 | ||||||||||
| Bristow Group, Inc.(1) | 6.88 | 03/01/28 | 210,000 | 210,636 | ||||||||||
| Enerflex Ltd.(1) | 9.00 | 10/15/27 | 296,000 | 303,112 | ||||||||||
| Helix Energy Solutions Group, Inc.(1) | 9.75 | 03/01/29 | 175,000 | 185,108 | ||||||||||
| Kodiak Gas Services LLC(1) | 6.50 | 10/01/33 | 420,000 | 430,665 | ||||||||||
| Kodiak Gas Services LLC(1) | 6.75 | 10/01/35 | 340,000 | 350,357 | ||||||||||
| Kodiak Gas Services LLC(1) | 7.25 | 02/15/29 | 405,000 | 420,824 | ||||||||||
| Oceaneering International, Inc. | 6.00 | 02/01/28 | 161,000 | 162,624 | ||||||||||
| TGS ASA(1) | 8.50 | 01/15/30 | 260,000 | 270,205 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 6.25 | 10/01/33 | 395,000 | 396,785 | ||||||||||
| USA Compression Partners LP/USA Compression Finance Corp.(1) | 7.13 | 03/15/29 | 540,000 | 558,071 | ||||||||||
| WBI Operating LLC(1) | 6.25 | 10/15/30 | 430,000 | 429,890 | ||||||||||
| WBI Operating LLC(1) | 6.50 | 10/15/33 | 315,000 | 315,200 | ||||||||||
| Weatherford International Ltd.(1) | 6.75 | 10/15/33 | 645,000 | 659,597 | ||||||||||
| 5,675,055 | ||||||||||||||
| PACKAGING & CONTAINERS – 1.9% | ||||||||||||||
| Ball Corp. | 2.88 | 08/15/30 | 744,000 | 680,943 | ||||||||||
| Ball Corp. | 3.13 | 09/15/31 | 405,000 | 369,355 | ||||||||||
| Ball Corp. | 5.50 | 09/15/33 | 410,000 | 415,296 | ||||||||||
| Ball Corp. | 6.00 | 06/15/29 | 545,000 | 559,009 | ||||||||||
| Ball Corp. | 6.88 | 03/15/28 | 380,000 | 386,874 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 5.38 | 01/15/28 | 225,000 | 224,914 | ||||||||||
| Cascades, Inc./Cascades USA, Inc.(1) | 6.75 | 07/15/30 | 235,000 | 240,561 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.63 | 04/15/29 | 270,000 | 271,247 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.75 | 04/15/32 | 785,000 | 788,307 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 6.88 | 01/15/30 | 235,000 | 237,641 | ||||||||||
| Crown Americas LLC | 5.25 | 04/01/30 | 275,000 | 279,435 | ||||||||||
| Crown Americas LLC(1) | 5.88 | 06/01/33 | 380,000 | 385,454 | ||||||||||
| Crown Cork & Seal Co., Inc. | 7.38 | 12/15/26 | 175,000 | 180,058 | ||||||||||
| Graphic Packaging International LLC(1) | 3.50 | 03/15/28 | 210,000 | 203,055 | ||||||||||
| Graphic Packaging International LLC(1) | 3.75 | 02/01/30 | 255,000 | 239,734 | ||||||||||
| Graphic Packaging International LLC(1) | 4.75 | 07/15/27 | 280,000 | 279,671 | ||||||||||
| Graphic Packaging International LLC(1) | 6.38 | 07/15/32 | 320,000 | 324,600 | ||||||||||
| Sealed Air Corp.(1) | 4.00 | 12/01/27 | 200,000 | 197,230 | ||||||||||
| Sealed Air Corp.(1) | 5.00 | 04/15/29 | 250,000 | 248,404 | ||||||||||
| Sealed Air Corp.(1) | 6.50 | 07/15/32 | 225,000 | 233,061 | ||||||||||
| Sealed Air Corp.(1) | 6.88 | 07/15/33 | 210,000 | 228,835 | ||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 6.13 | 02/01/28 | 410,000 | 415,808 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 1.9% (Continued) | ||||||||||||||
| Sealed Air Corp./Sealed Air Corp. US(1) | 7.25 | 02/15/31 | $ | 250,000 | $ | 262,743 | ||||||||
| Silgan Holdings, Inc. | 4.13 | 02/01/28 | 265,000 | 260,128 | ||||||||||
| TriMas Corp.(1) | 4.13 | 04/15/29 | 228,000 | 220,633 | ||||||||||
| 8,132,996 | ||||||||||||||
| PHARMACEUTICALS – 1.2% | ||||||||||||||
| CVS Health Corp. | 6.75 | 12/10/54 | 440,000 | 457,665 | ||||||||||
| CVS Health Corp. | 7.00 | 03/10/55 | 1,165,000 | 1,225,843 | ||||||||||
| Elanco Animal Health, Inc. | 6.65 | 08/28/28 | 385,000 | 402,118 | ||||||||||
| Endo Finance Holdings, Inc.(1) | 8.50 | 04/15/31 | 530,000 | 562,422 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 12.25 | 04/15/29 | 435,000 | 472,497 | ||||||||||
| Jazz Securities DAC(1) | 4.38 | 01/15/29 | 790,000 | 774,612 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 4.13 | 04/30/28 | 1,155,000 | 1,099,609 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 6.75 | 05/15/34 | 235,000 | 210,836 | ||||||||||
| 5,205,602 | ||||||||||||||
| PIPELINES – 6.0% | ||||||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.38 | 06/15/29 | 350,000 | 350,043 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 01/15/28 | 365,000 | 365,831 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 5.75 | 10/15/33 | 350,000 | 349,729 | ||||||||||
| Antero Midstream Partners LP/Antero Midstream Finance Corp.(1) | 6.63 | 02/01/32 | 350,000 | 362,654 | ||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 275,000 | 272,789 | ||||||||||
| Buckeye Partners LP | 4.13 | 12/01/27 | 223,000 | 220,653 | ||||||||||
| Buckeye Partners LP(1) | 4.50 | 03/01/28 | 285,000 | 282,939 | ||||||||||
| Buckeye Partners LP | 5.60 | 10/15/44 | 195,000 | 180,836 | ||||||||||
| Buckeye Partners LP | 5.85 | 11/15/43 | 210,000 | 197,225 | ||||||||||
| Buckeye Partners LP(1) | 6.75 | 02/01/30 | 235,000 | 245,459 | ||||||||||
| Buckeye Partners LP(1) | 6.88 | 07/01/29 | 345,000 | 357,557 | ||||||||||
| CNX Midstream Partners LP(1) | 4.75 | 04/15/30 | 215,000 | 206,009 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 5.50 | 06/15/31 | 790,000 | 782,144 | ||||||||||
| CQP Holdco LP/BIP-V Chinook Holdco LLC(1) | 7.50 | 12/15/33 | 235,000 | 255,178 | ||||||||||
| Energy Transfer LP | 6.50 | 02/15/56 | 575,000 | 570,321 | ||||||||||
| Energy Transfer LP | 6.75 | 02/15/56 | 430,000 | 431,687 | ||||||||||
| Energy Transfer LP | 7.13 | 10/01/54 | 275,000 | 284,465 | ||||||||||
| Energy Transfer LP | 8.00 | 05/15/54 | 425,000 | 454,097 | ||||||||||
| Excelerate Energy LP(1) | 8.00 | 05/15/30 | 425,000 | 449,034 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 09/01/28 | 450,000 | 456,599 | ||||||||||
| Harvest Midstream I LP(1) | 7.50 | 05/15/32 | 235,000 | 243,722 | ||||||||||
| Hess Midstream Operations LP(1) | 4.25 | 02/15/30 | 410,000 | 399,671 | ||||||||||
| Hess Midstream Operations LP(1) | 5.13 | 06/15/28 | 260,000 | 259,587 | ||||||||||
| Hess Midstream Operations LP(1) | 5.50 | 10/15/30 | 205,000 | 206,507 | ||||||||||
| Hess Midstream Operations LP(1) | 5.88 | 03/01/28 | 425,000 | 434,025 | ||||||||||
| Hess Midstream Operations LP(1) | 6.50 | 06/01/29 | 335,000 | 347,383 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 6.63 | 01/15/34 | 360,000 | 371,270 | ||||||||||
| Howard Midstream Energy Partners LLC(1) | 7.38 | 07/15/32 | 330,000 | 346,108 | ||||||||||
| Kinetik Holdings LP(1) | 5.88 | 06/15/30 | 515,000 | 519,241 | ||||||||||
| Kinetik Holdings LP(1) | 6.63 | 12/15/28 | 565,000 | 580,669 | ||||||||||
| Northriver Midstream Finance LP(1) | 6.75 | 07/15/32 | 323,500 | 329,923 | ||||||||||
| NuStar Logistics LP | 5.63 | 04/28/27 | 300,000 | 302,752 | ||||||||||
| NuStar Logistics LP | 6.38 | 10/01/30 | 305,000 | 317,898 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 6.0% (Continued) | ||||||||||||||
| Rockies Express Pipeline LLC(1) | 4.80 | 05/15/30 | $ | 190,000 | $ | 186,487 | ||||||||
| Rockies Express Pipeline LLC(1) | 4.95 | 07/15/29 | 300,000 | 298,389 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.75 | 03/15/33 | 255,000 | 267,212 | ||||||||||
| Rockies Express Pipeline LLC(1) | 6.88 | 04/15/40 | 275,000 | 283,780 | ||||||||||
| Rockies Express Pipeline LLC(1) | 7.50 | 07/15/38 | 130,000 | 141,444 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd. | 7.50 | 03/01/55 | 305,000 | 326,550 | ||||||||||
| South Bow Canadian Infrastructure Holdings Ltd. | 7.63 | 03/01/55 | 290,000 | 302,177 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 08/15/29 | 670,000 | 635,152 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 3.88 | 11/01/33 | 635,000 | 560,983 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 4.13 | 08/15/31 | 705,000 | 652,342 | ||||||||||
| Venture Global Calcasieu Pass LLC(1) | 6.25 | 01/15/30 | 515,000 | 525,772 | ||||||||||
| Venture Global LNG, Inc.(1) | 7.00 | 01/15/30 | 820,000 | 830,336 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.13 | 06/01/28 | 1,060,000 | 1,092,595 | ||||||||||
| Venture Global LNG, Inc.(1) | 8.38 | 06/01/31 | 1,185,000 | 1,217,606 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.50 | 02/01/29 | 1,595,000 | 1,717,636 | ||||||||||
| Venture Global LNG, Inc.(1) | 9.88 | 02/01/32 | 1,205,000 | 1,287,876 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 6.50 | 01/15/34 | 1,075,000 | 1,126,695 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 6.75 | 01/15/36 | 1,105,000 | 1,171,019 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.50 | 05/01/33 | 690,000 | 759,275 | ||||||||||
| Venture Global Plaquemines LNG LLC(1) | 7.75 | 05/01/35 | 590,000 | 666,171 | ||||||||||
| 25,783,502 | ||||||||||||||
| REAL ESTATE – 0.5% | ||||||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 6.75 | 05/15/28 | 335,000 | 337,902 | ||||||||||
| Cushman & Wakefield US Borrower LLC(1) | 8.88 | 09/01/31 | 220,000 | 235,857 | ||||||||||
| Greystar Real Estate Partners LLC(1) | 7.75 | 09/01/30 | 225,000 | 238,108 | ||||||||||
| Howard Hughes Corp.(1) | 4.13 | 02/01/29 | 315,000 | 302,984 | ||||||||||
| Howard Hughes Corp.(1) | 4.38 | 02/01/31 | 375,000 | 353,854 | ||||||||||
| Howard Hughes Corp.(1) | 5.38 | 08/01/28 | 410,000 | 409,603 | ||||||||||
| Newmark Group, Inc. | 7.50 | 01/12/29 | 220,000 | 235,795 | ||||||||||
| 2,114,103 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 3.6% | ||||||||||||||
| Arbor Realty SR, Inc.(1) | 7.88 | 07/15/30 | 270,000 | 274,834 | ||||||||||
| Brandywine Operating Partnership LP | 3.95 | 11/15/27 | 250,000 | 246,303 | ||||||||||
| Brandywine Operating Partnership LP | 4.55 | 10/01/29 | 165,000 | 158,723 | ||||||||||
| Brandywine Operating Partnership LP | 6.13 | 01/15/31 | 150,000 | 150,751 | ||||||||||
| Brandywine Operating Partnership LP | 8.30 | 03/15/28 | 195,000 | 208,432 | ||||||||||
| Brandywine Operating Partnership LP | 8.88 | 04/12/29 | 301,000 | 327,194 | ||||||||||
| Iron Mountain Information Management Services, Inc.(1) | 5.00 | 07/15/32 | 440,000 | 425,751 | ||||||||||
| Iron Mountain, Inc.(1) | 4.50 | 02/15/31 | 550,000 | 527,971 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/27 | 455,000 | 453,898 | ||||||||||
| Iron Mountain, Inc.(1) | 4.88 | 09/15/29 | 470,000 | 464,202 | ||||||||||
| Iron Mountain, Inc.(1) | 5.00 | 07/15/28 | 340,000 | 338,343 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 03/15/28 | 519,000 | 519,091 | ||||||||||
| Iron Mountain, Inc.(1) | 5.25 | 07/15/30 | 730,000 | 727,203 | ||||||||||
| Iron Mountain, Inc.(1) | 5.63 | 07/15/32 | 330,000 | 330,206 | ||||||||||
| Iron Mountain, Inc.(1) | 6.25 | 01/15/33 | 645,000 | 660,239 | ||||||||||
| Iron Mountain, Inc.(1) | 7.00 | 02/15/29 | 480,000 | 494,748 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 3.6% (Continued) | ||||||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.25 | 02/01/27 | $ | 330,000 | $ | 326,914 | ||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 4.75 | 06/15/29 | 315,000 | 309,122 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | 5.50 | 08/01/30 | 275,000 | 280,312 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.(1) | 7.00 | 07/15/31 | 275,000 | 289,083 | ||||||||||
| Millrose Properties, Inc.(1) | 6.25 | 09/15/32 | 415,000 | 417,353 | ||||||||||
| Millrose Properties, Inc.(1) | 6.38 | 08/01/30 | 650,000 | 659,029 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 4.88 | 05/15/29 | 430,000 | 418,365 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 5.88 | 10/01/28 | 390,000 | 389,932 | ||||||||||
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co.-Issuer(1) | 7.00 | 02/01/30 | 260,000 | 266,456 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 4.50 | 02/15/29 | 325,000 | 319,973 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp. | 4.75 | 10/15/27 | 375,000 | 374,421 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 04/01/32 | 515,000 | 530,261 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 6.50 | 06/15/33 | 340,000 | 351,170 | ||||||||||
| RHP Hotel Properties LP/RHP Finance Corp.(1) | 7.25 | 07/15/28 | 215,000 | 221,842 | ||||||||||
| RLJ Lodging Trust LP(1) | 4.00 | 09/15/29 | 275,000 | 259,890 | ||||||||||
| SBA Communications Corp. | 3.13 | 02/01/29 | 825,000 | 780,530 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 770,000 | 761,867 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 265,000 | 262,806 | ||||||||||
| Starwood Property Trust, Inc.(1) | 5.25 | 10/15/28 | 285,000 | 286,211 | ||||||||||
| Starwood Property Trust, Inc.(1) | 5.75 | 01/15/31 | 250,000 | 253,840 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.00 | 04/15/30 | 215,000 | 220,002 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 07/01/30 | 295,000 | 307,158 | ||||||||||
| Starwood Property Trust, Inc.(1) | 6.50 | 10/15/30 | 235,000 | 245,088 | ||||||||||
| Starwood Property Trust, Inc.(1) | 7.25 | 04/01/29 | 340,000 | 358,518 | ||||||||||
| Vornado Realty LP | 3.40 | 06/01/31 | 190,000 | 171,328 | ||||||||||
| 15,369,360 | ||||||||||||||
| RETAIL – 4.6% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.50 | 02/15/29 | 390,000 | 376,236 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 3.88 | 01/15/28 | 900,000 | 884,698 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 5.63 | 09/15/29 | 260,000 | 264,946 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 6.13 | 06/15/29 | 570,000 | 586,441 | ||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 225,000 | 226,304 | ||||||||||
| Advance Auto Parts, Inc. | 1.75 | 10/01/27 | 205,000 | 192,095 | ||||||||||
| Advance Auto Parts, Inc. | 3.50 | 03/15/32 | 185,000 | 160,409 | ||||||||||
| Advance Auto Parts, Inc. | 3.90 | 04/15/30 | 275,000 | 252,378 | ||||||||||
| Advance Auto Parts, Inc. | 5.95 | 03/09/28 | 130,000 | 131,940 | ||||||||||
| Advance Auto Parts, Inc.(1) | 7.00 | 08/01/30 | 550,000 | 555,397 | ||||||||||
| Advance Auto Parts, Inc.(1) | 7.38 | 08/01/33 | 510,000 | 516,860 | ||||||||||
| Asbury Automotive Group, Inc. | 4.50 | 03/01/28 | 260,000 | 258,056 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 4.63 | 11/15/29 | 395,000 | 384,006 | ||||||||||
| Asbury Automotive Group, Inc. | 4.75 | 03/01/30 | 270,000 | 264,137 | ||||||||||
| Asbury Automotive Group, Inc.(1) | 5.00 | 02/15/32 | 280,000 | 269,856 | ||||||||||
| Bath & Body Works, Inc. | 5.25 | 02/01/28 | 190,000 | 191,447 | ||||||||||
| Bath & Body Works, Inc.(1) | 6.63 | 10/01/30 | 470,000 | 483,734 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 121,000 | 123,615 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 4.6% (Continued) | ||||||||||||||
| Bath & Body Works, Inc. | 6.75 | 07/01/36 | $ | 325,000 | $ | 336,994 | ||||||||
| Bath & Body Works, Inc. | 6.88 | 11/01/35 | 450,000 | 471,307 | ||||||||||
| Bath & Body Works, Inc. | 7.50 | 06/15/29 | 275,000 | 283,131 | ||||||||||
| Brinker International, Inc.(1) | 8.25 | 07/15/30 | 195,000 | 206,687 | ||||||||||
| FirstCash, Inc.(1) | 4.63 | 09/01/28 | 255,000 | 251,706 | ||||||||||
| FirstCash, Inc.(1) | 5.63 | 01/01/30 | 300,000 | 301,475 | ||||||||||
| FirstCash, Inc.(1) | 6.88 | 03/01/32 | 275,000 | 285,691 | ||||||||||
| Gap, Inc.(1) | 3.63 | 10/01/29 | 385,000 | 362,676 | ||||||||||
| Gap, Inc.(1) | 3.88 | 10/01/31 | 405,000 | 370,872 | ||||||||||
| Group 1 Automotive, Inc.(1) | 4.00 | 08/15/28 | 390,000 | 378,656 | ||||||||||
| Group 1 Automotive, Inc.(1) | 6.38 | 01/15/30 | 280,000 | 286,128 | ||||||||||
| Ken Garff Automotive LLC(1) | 4.88 | 09/15/28 | 220,000 | 216,541 | ||||||||||
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC(1) | 4.75 | 06/01/27 | 410,000 | 409,594 | ||||||||||
| Kohl’s Corp.(1) | 10.00 | 06/01/30 | 190,000 | 206,614 | ||||||||||
| Lithia Motors, Inc.(1) | 3.88 | 06/01/29 | 385,000 | 367,982 | ||||||||||
| Lithia Motors, Inc.(1) | 4.38 | 01/15/31 | 295,000 | 281,492 | ||||||||||
| Lithia Motors, Inc.(1) | 4.63 | 12/15/27 | 220,000 | 218,993 | ||||||||||
| Lithia Motors, Inc.(1) | 5.50 | 10/01/30 | 330,000 | 330,815 | ||||||||||
| Macy’s Retail Holdings LLC | 4.30 | 02/15/43 | 150,000 | 108,856 | ||||||||||
| Macy’s Retail Holdings LLC | 4.50 | 12/15/34 | 180,000 | 160,537 | ||||||||||
| Macy’s Retail Holdings LLC | 5.13 | 01/15/42 | 110,000 | 89,811 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 6.13 | 03/15/32 | 230,000 | 231,394 | ||||||||||
| Macy’s Retail Holdings LLC(1) | 7.38 | 08/01/33 | 275,000 | 290,128 | ||||||||||
| Murphy Oil USA, Inc.(1) | 3.75 | 02/15/31 | 275,000 | 256,267 | ||||||||||
| Murphy Oil USA, Inc. | 4.75 | 09/15/29 | 258,000 | 255,232 | ||||||||||
| Murphy Oil USA, Inc. | 5.63 | 05/01/27 | 170,000 | 170,162 | ||||||||||
| Nordstrom, Inc. | 4.00 | 03/15/27 | 200,000 | 196,924 | ||||||||||
| Nordstrom, Inc. | 4.25 | 08/01/31 | 205,000 | 187,686 | ||||||||||
| Nordstrom, Inc. | 4.38 | 04/01/30 | 210,000 | 199,650 | ||||||||||
| Nordstrom, Inc. | 5.00 | 01/15/44 | 540,000 | 407,929 | ||||||||||
| Nordstrom, Inc. | 6.95 | 03/15/28 | 215,000 | 223,604 | ||||||||||
| Penske Automotive Group, Inc. | 3.75 | 06/15/29 | 274,000 | 263,488 | ||||||||||
| QXO Building Products, Inc.(1) | 6.75 | 04/30/32 | 1,180,000 | 1,224,549 | ||||||||||
| Sally Holdings LLC/Sally Capital, Inc. | 6.75 | 03/01/32 | 330,000 | 343,808 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.63 | 11/15/29 | 335,000 | 326,048 | ||||||||||
| Sonic Automotive, Inc.(1) | 4.88 | 11/15/31 | 280,000 | 266,634 | ||||||||||
| Superior Plus LP/Superior General Partner, Inc.(1) | 4.50 | 03/15/29 | 330,000 | 320,250 | ||||||||||
| Vivo Energy Investments BV(1) | 5.13 | 09/24/27 | 160,000 | 159,755 | ||||||||||
| Yum! Brands, Inc. | 3.63 | 03/15/31 | 540,000 | 507,638 | ||||||||||
| Yum! Brands, Inc. | 4.63 | 01/31/32 | 595,000 | 581,758 | ||||||||||
| Yum! Brands, Inc.(1) | 4.75 | 01/15/30 | 435,000 | 434,451 | ||||||||||
| Yum! Brands, Inc. | 5.35 | 11/01/43 | 140,000 | 137,680 | ||||||||||
| Yum! Brands, Inc. | 5.38 | 04/01/32 | 525,000 | 531,396 | ||||||||||
| Yum! Brands, Inc. | 6.88 | 11/15/37 | 180,000 | 201,564 | ||||||||||
| 19,767,108 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 0.5% | ||||||||||||||
| Amkor Technology, Inc.(1) | 5.88 | 10/01/33 | $ | 270,000 | $ | 275,003 | ||||||||
| Kioxia Holdings Corp.(1) | 6.25 | 07/24/30 | 560,000 | 578,817 | ||||||||||
| Kioxia Holdings Corp.(1) | 6.63 | 07/24/33 | 603,000 | 629,703 | ||||||||||
| ON Semiconductor Corp.(1) | 3.88 | 09/01/28 | 365,000 | 356,505 | ||||||||||
| Synaptics, Inc.(1) | 4.00 | 06/15/29 | 195,000 | 187,397 | ||||||||||
| 2,027,425 | ||||||||||||||
| SOFTWARE – 1.1% | ||||||||||||||
| Elastic NV(1) | 4.13 | 07/15/29 | 295,000 | 284,659 | ||||||||||
| Fair Isaac Corp.(1) | 4.00 | 06/15/28 | 485,000 | 476,414 | ||||||||||
| Fair Isaac Corp.(1) | 6.00 | 05/15/33 | 800,000 | 816,317 | ||||||||||
| Open Text Corp.(1) | 3.88 | 02/15/28 | 460,000 | 448,573 | ||||||||||
| Open Text Corp.(1) | 3.88 | 12/01/29 | 485,000 | 459,505 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 02/15/30 | 475,000 | 453,940 | ||||||||||
| Open Text Holdings, Inc.(1) | 4.13 | 12/01/31 | 350,000 | 326,123 | ||||||||||
| PTC, Inc.(1) | 4.00 | 02/15/28 | 275,000 | 270,896 | ||||||||||
| RingCentral, Inc.(1) | 8.50 | 08/15/30 | 190,000 | 202,553 | ||||||||||
| ROBLOX Corp.(1) | 3.88 | 05/01/30 | 535,000 | 512,425 | ||||||||||
| Twilio, Inc. | 3.63 | 03/15/29 | 265,000 | 254,798 | ||||||||||
| Twilio, Inc. | 3.88 | 03/15/31 | 275,000 | 260,514 | ||||||||||
| 4,766,717 | ||||||||||||||
| TELECOMMUNICATIONS – 3.5% | ||||||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 6.88 | 09/15/55 | 500,000 | 522,455 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 7.00 | 09/15/55 | 710,000 | 746,819 | ||||||||||
| British Telecommunications PLC(1) | 4.25 | 11/23/81 | 304,000 | 300,864 | ||||||||||
| British Telecommunications PLC(1) | 4.88 | 11/23/81 | 240,000 | 232,462 | ||||||||||
| Ciena Corp.(1) | 4.00 | 01/31/30 | 195,000 | 187,588 | ||||||||||
| Fibercop SpA(1) | 6.00 | 09/30/34 | 315,000 | 298,244 | ||||||||||
| Fibercop SpA(1) | 6.38 | 11/15/33 | 270,000 | 267,775 | ||||||||||
| Fibercop SpA(1) | 7.20 | 07/18/36 | 235,000 | 238,640 | ||||||||||
| Fibercop SpA(1) | 7.72 | 06/04/38 | 265,000 | 269,273 | ||||||||||
| Frontier Florida LLC | 6.86 | 02/01/28 | 145,000 | 150,867 | ||||||||||
| Millicom International Cellular SA(1) | 4.50 | 04/27/31 | 415,000 | 388,025 | ||||||||||
| Millicom International Cellular SA(1) | 5.13 | 01/15/28 | 220,500 | 219,608 | ||||||||||
| Millicom International Cellular SA(1) | 6.25 | 03/25/29 | 342,000 | 345,268 | ||||||||||
| Millicom International Cellular SA(1) | 7.38 | 04/02/32 | 255,000 | 266,560 | ||||||||||
| Rogers Communications, Inc.(1) | 5.25 | 03/15/82 | 400,000 | 397,944 | ||||||||||
| Rogers Communications, Inc. | 7.00 | 04/15/55 | 590,000 | 617,644 | ||||||||||
| Rogers Communications, Inc. | 7.13 | 04/15/55 | 530,000 | 567,516 | ||||||||||
| Telecom Italia Capital SA | 6.00 | 09/30/34 | 235,000 | 241,052 | ||||||||||
| Telecom Italia Capital SA | 6.38 | 11/15/33 | 293,000 | 309,168 | ||||||||||
| Telecom Italia Capital SA | 7.20 | 07/18/36 | 255,000 | 278,172 | ||||||||||
| Telecom Italia Capital SA | 7.72 | 06/04/38 | 290,000 | 324,702 | ||||||||||
| TELUS Corp. | 6.63 | 10/15/55 | 385,000 | 397,311 | ||||||||||
| TELUS Corp. | 7.00 | 10/15/55 | 405,000 | 432,329 | ||||||||||
| Viasat, Inc.(1) | 5.63 | 04/15/27 | 325,000 | 324,975 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.25 | 01/31/31 | 725,000 | 662,478 | ||||||||||
| Vmed O2 UK Financing I PLC(1) | 4.75 | 07/15/31 | 705,000 | 653,056 | ||||||||||
The accompanying notes are an integral part of these financial statements.
74
BONDBLOXX ETF TRUST
BondBloxx BB Rated USD High Yield Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 3.5% (Continued) | ||||||||||||||
| Vmed O2 UK Financing I PLC(1) | 6.75 | 01/15/33 | $ | 450,000 | $ | 451,668 | ||||||||
| Vmed O2 UK Financing I PLC(1) | 7.75 | 04/15/32 | 565,000 | 586,428 | ||||||||||
| Vodafone Group PLC | 4.13 | 06/04/81 | 540,000 | 509,483 | ||||||||||
| Vodafone Group PLC | 5.13 | 06/04/81 | 505,000 | 408,981 | ||||||||||
| Vodafone Group PLC | 7.00 | 04/04/79 | 1,065,000 | 1,125,289 | ||||||||||
| WULF Compute LLC(1) | 7.75 | 10/15/30 | 1,680,000 | 1,746,452 | ||||||||||
| Zegona Finance PLC(1) | 8.63 | 07/15/29 | 425,000 | 452,829 | ||||||||||
| 14,921,925 | ||||||||||||||
| TRANSPORTATION – 0.6% | ||||||||||||||
| Danaos Corp.(1) | 6.88 | 10/15/32 | 260,000 | 255,898 | ||||||||||
| Danaos Corp.(1) | 8.50 | 03/01/28 | 145,000 | 146,683 | ||||||||||
| First Student Bidco, Inc./First Transit Parent, Inc.(1) | 4.00 | 07/31/29 | 347,000 | 335,791 | ||||||||||
| Genesee & Wyoming, Inc.(1) | 6.25 | 04/15/32 | 365,000 | 372,824 | ||||||||||
| Rand Parent LLC(1) | 8.50 | 02/15/30 | 450,000 | 460,438 | ||||||||||
| RXO, Inc.(1) | 7.50 | 11/15/27 | 165,000 | 168,594 | ||||||||||
| Stonepeak Nile Parent LLC(1) | 7.25 | 03/15/32 | 275,000 | 291,014 | ||||||||||
| XPO CNW, Inc. | 6.70 | 05/01/34 | 140,000 | 149,439 | ||||||||||
| XPO, Inc.(1) | 7.13 | 06/01/31 | 280,000 | 292,596 | ||||||||||
| XPO, Inc.(1) | 7.13 | 02/01/32 | 275,000 | 290,143 | ||||||||||
| 2,763,420 | ||||||||||||||
| TRUCKING & LEASING – 0.5% | ||||||||||||||
| FTAI Aviation Investors LLC(1) | 5.50 | 05/01/28 | 540,000 | 540,742 | ||||||||||
| FTAI Aviation Investors LLC(1) | 5.88 | 04/15/33 | 270,000 | 272,614 | ||||||||||
| FTAI Aviation Investors LLC(1) | 7.00 | 05/01/31 | 385,000 | 403,802 | ||||||||||
| FTAI Aviation Investors LLC(1) | 7.00 | 06/15/32 | 435,000 | 456,001 | ||||||||||
| FTAI Aviation Investors LLC(1) | 7.88 | 12/01/30 | 235,000 | 249,948 | ||||||||||
| 1,923,107 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $416,229,742) | 420,607,634 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.9% | ||||||||||||||
| TIME DEPOSITS – 0.9% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | 3,744,701 | 3,744,701 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $3,744,701) | 3,744,701 | |||||||||||||
| TOTAL INVESTMENTS – 99.4% (Cost - $419,974,443) | $ | 424,352,335 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.6% | 2,623,661 | |||||||||||||
| NET ASSETS – 100.0% | $ | 426,975,996 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $326,104,906 and represents 76.4% 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.
75
BONDBLOXX ETF TRUST
BondBloxx B Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 97.7% | ||||||||||||||
| ADVERTISING – 1.9% | ||||||||||||||
| Advantage Sales & Marketing, Inc.(1) | 6.50 | 11/15/28 | $ | 40,000 | $ | 34,417 | ||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.13 | 02/15/31 | 90,000 | 92,897 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 03/15/33 | 65,000 | 68,032 | ||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.88 | 04/01/30 | 65,000 | 68,201 | ||||||||||
| Dotdash Meredith, Inc.(1) | 7.63 | 06/15/32 | 30,000 | 27,000 | ||||||||||
| Neptune Bidco US, Inc.(1) | 9.29 | 04/15/29 | 190,000 | 187,798 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.25 | 01/15/29 | 40,000 | 38,660 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 4.63 | 03/15/30 | 35,000 | 33,840 | ||||||||||
| Outfront Media Capital LLC/Outfront Media Capital Corp.(1) | 5.00 | 08/15/27 | 45,000 | 44,851 | ||||||||||
| Stagwell Global LLC(1) | 5.63 | 08/15/29 | 80,000 | 76,301 | ||||||||||
| 671,997 | ||||||||||||||
| AEROSPACE/DEFENSE – 3.1% | ||||||||||||||
| Bombardier, Inc.(1) | 6.00 | 02/15/28 | 55,000 | 55,170 | ||||||||||
| Bombardier, Inc.(1) | 6.75 | 06/15/33 | 50,000 | 52,550 | ||||||||||
| Bombardier, Inc.(1) | 7.00 | 06/01/32 | 60,000 | 63,068 | ||||||||||
| Bombardier, Inc.(1) | 7.25 | 07/01/31 | 60,000 | 63,760 | ||||||||||
| Bombardier, Inc.(1) | 7.45 | 05/01/34 | 40,000 | 44,536 | ||||||||||
| Bombardier, Inc.(1) | 7.50 | 02/01/29 | 55,000 | 57,337 | ||||||||||
| Bombardier, Inc.(1) | 8.75 | 11/15/30 | 50,000 | 53,988 | ||||||||||
| Efesto Bidco SpA/Efesto US LLC(1) | 7.50 | 02/15/32 | 60,000 | 59,952 | ||||||||||
| Goat Holdco LLC(1) | 6.75 | 02/01/32 | 55,000 | 56,215 | ||||||||||
| Spirit AeroSystems, Inc.(1) | 9.75 | 11/15/30 | 85,000 | 93,493 | ||||||||||
| TransDigm, Inc. | 4.63 | 01/15/29 | 95,000 | 93,513 | ||||||||||
| TransDigm, Inc. | 4.88 | 05/01/29 | 52,000 | 51,571 | ||||||||||
| TransDigm, Inc.(1) | 6.38 | 05/31/33 | 200,000 | 204,366 | ||||||||||
| TransDigm, Inc.(1) | 6.75 | 01/31/34 | 145,000 | 150,368 | ||||||||||
| 1,099,887 | ||||||||||||||
| AIRLINES – 1.0% | ||||||||||||||
| JetBlue Airways Corp./JetBlue Loyalty LP(1) | 9.88 | 09/20/31 | 145,000 | 142,662 | ||||||||||
| OneSky Flight LLC(1) | 8.88 | 12/15/29 | 40,000 | 42,549 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 6.38 | 02/01/30 | 80,000 | 77,334 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 7.88 | 05/01/27 | 35,000 | 35,540 | ||||||||||
| VistaJet Malta Finance PLC/Vista Management Holding, Inc.(1) | 9.50 | 06/01/28 | 40,000 | 41,627 | ||||||||||
| 339,712 | ||||||||||||||
| APPAREL – 0.7% | ||||||||||||||
| Champ Acquisition Corp.(1) | 8.38 | 12/01/31 | 40,000 | 42,703 | ||||||||||
| Crocs, Inc.(1) | 4.13 | 08/15/31 | 25,000 | 22,985 | ||||||||||
| Crocs, Inc.(1) | 4.25 | 03/15/29 | 25,000 | 24,099 | ||||||||||
| Hanesbrands, Inc.(1) | 9.00 | 02/15/31 | 45,000 | 47,505 | ||||||||||
| S&S Holdings LLC(1) | 8.38 | 10/01/31 | 45,000 | 43,036 | ||||||||||
| Under Armour, Inc.(1) | 7.25 | 07/15/30 | 25,000 | 24,739 | ||||||||||
| Wolverine World Wide, Inc.(1) | 4.00 | 08/15/29 | 40,000 | 36,672 | ||||||||||
| 241,739 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO MANUFACTURERS – 0.6% | ||||||||||||||
| Aston Martin Capital Holdings Ltd.(1) | 10.00 | 03/31/29 | $ | 75,000 | $ | 66,779 | ||||||||
| JB Poindexter & Co., Inc.(1) | 8.75 | 12/15/31 | 65,000 | 68,101 | ||||||||||
| New Flyer Holdings, Inc.(1) | 9.25 | 07/01/30 | 50,000 | 53,279 | ||||||||||
| Wabash National Corp.(1) | 4.50 | 10/15/28 | 35,000 | 30,890 | ||||||||||
| 219,049 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 2.6% | ||||||||||||||
| Adient Global Holdings Ltd.(1) | 7.50 | 02/15/33 | 60,000 | 62,082 | ||||||||||
| Adient Global Holdings Ltd.(1) | 8.25 | 04/15/31 | 35,000 | 36,590 | ||||||||||
| American Axle & Manufacturing, Inc. | 5.00 | 10/01/29 | 45,000 | 42,801 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.50 | 04/01/27 | 35,000 | 35,000 | ||||||||||
| American Axle & Manufacturing, Inc. | 6.88 | 07/01/28 | 18,000 | 18,049 | ||||||||||
| American Axle & Manufacturing, Inc.(1) | 7.75 | 10/15/33 | 90,000 | 90,219 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 05/15/28 | 55,000 | 56,375 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 02/15/30 | 70,000 | 72,616 | ||||||||||
| Clarios Global LP/Clarios US Finance Co.(1) | 6.75 | 09/15/32 | 90,000 | 92,156 | ||||||||||
| Goodyear Tire & Rubber Co. | 4.88 | 03/15/27 | 50,000 | 49,666 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.00 | 07/15/29 | 60,000 | 57,162 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 04/30/31 | 40,000 | 36,943 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.25 | 07/15/31 | 45,000 | 41,066 | ||||||||||
| Goodyear Tire & Rubber Co. | 5.63 | 04/30/33 | 40,000 | 36,094 | ||||||||||
| Goodyear Tire & Rubber Co. | 6.63 | 07/15/30 | 40,000 | 39,767 | ||||||||||
| Tenneco, Inc.(1) | 8.00 | 11/17/28 | 140,000 | 139,727 | ||||||||||
| Titan International, Inc. | 7.00 | 04/30/28 | 30,000 | 30,091 | ||||||||||
| 936,404 | ||||||||||||||
| BANKS – 0.2% | ||||||||||||||
| Freedom Mortgage Corp.(1) | 6.63 | 01/15/27 | 35,000 | 35,102 | ||||||||||
| Freedom Mortgage Corp.(1) | 12.25 | 10/01/30 | 40,000 | 44,559 | ||||||||||
| 79,661 | ||||||||||||||
| BEVERAGES – 0.1% | ||||||||||||||
| Primo Water Holdings, Inc./Triton Water Holdings, Inc.(1) | 6.25 | 04/01/29 | 50,000 | 50,131 | ||||||||||
| BUILDING MATERIALS – 1.2% | ||||||||||||||
| AmeriTex Hold Co. Intermediate LLC(1) | 7.63 | 08/15/33 | 55,000 | 57,576 | ||||||||||
| Camelot Return Merger Sub, Inc.(1) | 8.75 | 08/01/28 | 55,000 | 50,892 | ||||||||||
| Cornerstone Building Brands, Inc.(1) | 9.50 | 08/15/29 | 30,000 | 27,715 | ||||||||||
| CP Atlas Buyer, Inc.(1) | 9.75 | 07/15/30 | 35,000 | 36,542 | ||||||||||
| Griffon Corp. | 5.75 | 03/01/28 | 70,000 | 70,044 | ||||||||||
| MIWD Holdco II LLC/MIWD Finance Corp.(1) | 5.50 | 02/01/30 | 40,000 | 38,912 | ||||||||||
| New Enterprise Stone & Lime Co., Inc.(1) | 5.25 | 07/15/28 | 45,000 | 44,832 | ||||||||||
| Quikrete Holdings, Inc.(1) | 6.75 | 03/01/33 | 110,000 | 114,559 | ||||||||||
| 441,072 | ||||||||||||||
| CHEMICALS – 3.2% | ||||||||||||||
| Cerdia Finanz GmbH(1) | 9.38 | 10/03/31 | 65,000 | 68,043 | ||||||||||
| Chemours Co.(1) | 4.63 | 11/15/29 | 50,000 | 43,920 | ||||||||||
| Chemours Co. | 5.38 | 05/15/27 | 45,000 | 44,855 | ||||||||||
| Chemours Co.(1) | 5.75 | 11/15/28 | 50,000 | 47,954 | ||||||||||
| Chemours Co.(1) | 8.00 | 01/15/33 | 45,000 | 43,538 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 3.2% (Continued) | ||||||||||||||
| Consolidated Energy Finance SA(1) | 5.63 | 10/15/28 | $ | 35,000 | $ | 23,943 | ||||||||
| Consolidated Energy Finance SA(1) | 12.00 | 02/15/31 | 45,000 | 32,038 | ||||||||||
| CVR Partners LP/CVR Nitrogen Finance Corp.(1) | 6.13 | 06/15/28 | 40,000 | 39,988 | ||||||||||
| Herens Holdco Sarl(1) | 4.75 | 05/15/28 | 25,000 | 21,126 | ||||||||||
| INEOS Quattro Finance 2 PLC(1) | 9.63 | 03/15/29 | 30,000 | 28,153 | ||||||||||
| Inversion Escrow Issuer LLC(1) | 6.75 | 08/01/32 | 80,000 | 78,183 | ||||||||||
| Olympus Water US Holding Corp.(1) | 4.25 | 10/01/28 | 65,000 | 62,446 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.13 | 10/01/27 | 30,000 | 30,534 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.25 | 06/15/31 | 60,000 | 60,093 | ||||||||||
| Olympus Water US Holding Corp.(1) | 7.25 | 02/15/33 | 115,000 | 114,566 | ||||||||||
| Rain Carbon, Inc.(1) | 12.25 | 09/01/29 | 30,000 | 31,985 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 4.88 | 05/01/28 | 80,000 | 79,178 | ||||||||||
| SCIL IV LLC/SCIL USA Holdings LLC(1) | 5.38 | 11/01/26 | 55,000 | 54,938 | ||||||||||
| SK Invictus Intermediate II Sarl(1) | 5.00 | 10/30/29 | 50,000 | 49,206 | ||||||||||
| Tronox, Inc.(1) | 4.63 | 03/15/29 | 80,000 | 49,263 | ||||||||||
| Tronox, Inc.(1) | 9.13 | 09/30/30 | 30,000 | 27,399 | ||||||||||
| WR Grace Holdings LLC(1) | 4.88 | 06/15/27 | 32,000 | 31,751 | ||||||||||
| WR Grace Holdings LLC(1) | 6.63 | 08/15/32 | 55,000 | 53,168 | ||||||||||
| WR Grace Holdings LLC(1) | 7.38 | 03/01/31 | 30,000 | 30,079 | ||||||||||
| 1,146,347 | ||||||||||||||
| COMMERCIAL SERVICES – 6.6% | ||||||||||||||
| Allied Universal Holdco LLC(1) | 7.88 | 02/15/31 | 180,000 | 187,605 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.88 | 06/15/30 | 75,000 | 77,008 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 90,000 | 88,149 | ||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl(1) | 4.63 | 06/01/28 | 55,000 | 53,907 | ||||||||||
| Alta Equipment Group, Inc.(1) | 9.00 | 06/01/29 | 40,000 | 36,291 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 4.75 | 04/01/28 | 40,000 | 38,414 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.38 | 03/01/29 | 40,000 | 38,557 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 28,000 | 27,833 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 5.75 | 07/15/27 | 18,000 | 17,950 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.00 | 02/15/31 | 35,000 | 35,608 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.25 | 01/15/30 | 55,000 | 56,184 | ||||||||||
| Avis Budget Car Rental LLC/Avis Budget Finance, Inc.(1) | 8.38 | 06/15/32 | 45,000 | 46,138 | ||||||||||
| Carriage Services, Inc.(1) | 4.25 | 05/15/29 | 30,000 | 28,400 | ||||||||||
| Cimpress PLC(1) | 7.38 | 09/15/32 | 35,000 | 35,616 | ||||||||||
| Clarivate Science Holdings Corp.(1) | 4.88 | 07/01/29 | 65,000 | 60,694 | ||||||||||
| CPI CG, Inc.(1) | 10.00 | 07/15/29 | 23,000 | 24,321 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.00 | 03/15/33 | 35,000 | 34,355 | ||||||||||
| EquipmentShare.com, Inc.(1) | 8.63 | 05/15/32 | 45,000 | 45,469 | ||||||||||
| EquipmentShare.com, Inc.(1) | 9.00 | 05/15/28 | 75,000 | 75,659 | ||||||||||
| Garda World Security Corp.(1) | 4.63 | 02/15/27 | 45,000 | 44,681 | ||||||||||
| Garda World Security Corp.(1) | 7.75 | 02/15/28 | 25,000 | 25,613 | ||||||||||
| GEO Group, Inc. | 10.25 | 04/15/31 | 45,000 | 49,319 | ||||||||||
| Hertz Corp.(1) | 12.63 | 07/15/29 | 95,000 | 94,142 | ||||||||||
| ION Platform Finance US, Inc.(1) | 7.88 | 09/30/32 | 115,000 | 112,311 | ||||||||||
| Matthews International Corp.(1) | 8.63 | 10/01/27 | 20,000 | 20,606 | ||||||||||
| Mobius Merger Sub, Inc.(1) | 9.00 | 06/01/30 | 35,000 | 29,189 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 6.6% (Continued) | ||||||||||||||
| NESCO Holdings II, Inc.(1) | 5.50 | 04/15/29 | $ | 70,000 | $ | 68,489 | ||||||||
| Paysafe Finance PLC/Paysafe Holdings US Corp.(1) | 4.00 | 06/15/29 | 25,000 | 23,545 | ||||||||||
| PROG Holdings, Inc.(1) | 6.00 | 11/15/29 | 45,000 | 43,954 | ||||||||||
| Raven Acquisition Holdings LLC(1) | 6.88 | 11/15/31 | 95,000 | 97,316 | ||||||||||
| RR Donnelley & Sons Co.(1) | 9.50 | 08/01/29 | 75,000 | 76,963 | ||||||||||
| RR Donnelley & Sons Co.(1) | 10.88 | 08/01/29 | 35,000 | 35,220 | ||||||||||
| Sotheby’s(1) | 7.38 | 10/15/27 | 55,000 | 55,063 | ||||||||||
| Sotheby’s/Bidfair Holdings, Inc.(1) | 5.88 | 06/01/29 | 25,000 | 23,747 | ||||||||||
| StoneMor, Inc.(1) | 8.50 | 05/15/29 | 25,000 | 24,771 | ||||||||||
| Upbound Group, Inc.(1) | 6.38 | 02/15/29 | 40,000 | 38,813 | ||||||||||
| Valvoline, Inc.(1) | 3.63 | 06/15/31 | 45,000 | 41,089 | ||||||||||
| Veritiv Operating Co.(1) | 10.50 | 11/30/30 | 85,000 | 88,564 | ||||||||||
| VM Consolidated, Inc.(1) | 5.50 | 04/15/29 | 25,000 | 24,794 | ||||||||||
| VT Topco, Inc.(1) | 8.50 | 08/15/30 | 40,000 | 41,640 | ||||||||||
| Wand NewCo 3, Inc.(1) | 7.63 | 01/30/32 | 90,000 | 94,151 | ||||||||||
| Williams Scotsman, Inc.(1) | 4.63 | 08/15/28 | 35,000 | 34,673 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 06/15/29 | 45,000 | 46,368 | ||||||||||
| Williams Scotsman, Inc.(1) | 6.63 | 04/15/30 | 35,000 | 36,220 | ||||||||||
| Williams Scotsman, Inc.(1) | 7.38 | 10/01/31 | 35,000 | 36,653 | ||||||||||
| ZipRecruiter, Inc.(1) | 5.00 | 01/15/30 | 45,000 | 35,272 | ||||||||||
| 2,351,324 | ||||||||||||||
| COMPUTERS – 1.1% | ||||||||||||||
| Amentum Holdings, Inc.(1) | 7.25 | 08/01/32 | 80,000 | 83,329 | ||||||||||
| Conduent Business Services LLC/Conduent State & Local Solutions, Inc.(1) | 6.00 | 11/01/29 | 40,000 | 37,450 | ||||||||||
| Diebold Nixdorf, Inc.(1) | 7.75 | 03/31/30 | 70,000 | 74,302 | ||||||||||
| Fortress Intermediate 3, Inc.(1) | 7.50 | 06/01/31 | 55,000 | 57,419 | ||||||||||
| NCR Voyix Corp.(1) | 5.00 | 10/01/28 | 50,000 | 49,565 | ||||||||||
| NCR Voyix Corp.(1) | 5.13 | 04/15/29 | 23,000 | 22,784 | ||||||||||
| Unisys Corp.(1) | 10.63 | 01/15/31 | 50,000 | 53,131 | ||||||||||
| 377,980 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.2% | ||||||||||||||
| Opal Bidco SAS(1) | 6.50 | 03/31/32 | 80,000 | 82,464 | ||||||||||
| DISTRIBUTION/WHOLESALE – 0.4% | ||||||||||||||
| Gates Corp./DE(1) | 6.88 | 07/01/29 | 45,000 | 46,776 | ||||||||||
| Velocity Vehicle Group LLC(1) | 8.00 | 06/01/29 | 40,000 | 39,370 | ||||||||||
| Windsor Holdings III LLC(1) | 8.50 | 06/15/30 | 60,000 | 63,415 | ||||||||||
| 149,561 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.7% | ||||||||||||||
| AG Issuer LLC(1) | 6.25 | 03/01/28 | 35,000 | 35,149 | ||||||||||
| Aretec Group, Inc.(1) | 10.00 | 08/15/30 | 50,000 | 54,465 | ||||||||||
| Atlanticus Holdings Corp.(1) | 9.75 | 09/01/30 | 30,000 | 29,187 | ||||||||||
| Bread Financial Holdings, Inc.(1) | 8.38 | 06/15/35 | 30,000 | 30,726 | ||||||||||
| CrossCountry Intermediate Hold Co. LLC(1) | 6.50 | 10/01/30 | 65,000 | 65,681 | ||||||||||
| Enova International, Inc.(1) | 9.13 | 08/01/29 | 30,000 | 31,467 | ||||||||||
| Enova International, Inc.(1) | 11.25 | 12/15/28 | 35,000 | 37,167 | ||||||||||
| Focus Financial Partners LLC(1) | 6.75 | 09/15/31 | 80,000 | 82,533 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 2.7% (Continued) | ||||||||||||||
| Freedom Mortgage Holdings LLC(1) | 7.88 | 04/01/33 | $ | 35,000 | $ | 35,987 | ||||||||
| Freedom Mortgage Holdings LLC(1) | 8.38 | 04/01/32 | 55,000 | 57,397 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.13 | 05/15/31 | 55,000 | 58,535 | ||||||||||
| Freedom Mortgage Holdings LLC(1) | 9.25 | 02/01/29 | 85,000 | 89,305 | ||||||||||
| LFS Topco LLC(1) | 8.75 | 07/15/30 | 30,000 | 29,394 | ||||||||||
| Osaic Holdings, Inc.(1) | 6.75 | 08/01/32 | 40,000 | 41,353 | ||||||||||
| Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc.(1) | 6.38 | 02/01/27 | 30,000 | 29,827 | ||||||||||
| Phoenix Aviation Capital Ltd.(1) | 9.25 | 07/15/30 | 45,000 | 47,445 | ||||||||||
| Planet Financial Group LLC(1) | 10.50 | 12/15/29 | 50,000 | 51,863 | ||||||||||
| Provident Funding Associates LP/PFG Finance Corp.(1) | 9.75 | 09/15/29 | 40,000 | 42,186 | ||||||||||
| RFNA LP(1) | 7.88 | 02/15/30 | 40,000 | 39,866 | ||||||||||
| TrueNoord Capital DAC(1) | 8.75 | 03/01/30 | 30,000 | 31,627 | ||||||||||
| VFH Parent LLC/Valor Co.-Issuer, Inc.(1) | 7.50 | 06/15/31 | 40,000 | 41,896 | ||||||||||
| 963,056 | ||||||||||||||
| ELECTRIC – 2.0% | ||||||||||||||
| Alpha Generation LLC(1) | 6.25 | 01/15/34 | 50,000 | 50,616 | ||||||||||
| Alpha Generation LLC(1) | 6.75 | 10/15/32 | 80,000 | 82,282 | ||||||||||
| California Buyer Ltd./Atlantica Sustainable Infrastructure PLC(1) | 6.38 | 02/15/32 | 55,000 | 55,605 | ||||||||||
| Calpine Corp.(1) | 4.63 | 02/01/29 | 55,000 | 54,697 | ||||||||||
| Calpine Corp.(1) | 5.00 | 02/01/31 | 65,000 | 65,157 | ||||||||||
| Calpine Corp.(1) | 5.13 | 03/15/28 | 100,000 | 100,051 | ||||||||||
| Pike Corp.(1) | 5.50 | 09/01/28 | 55,000 | 54,924 | ||||||||||
| Pike Corp.(1) | 8.63 | 01/31/31 | 25,000 | 26,707 | ||||||||||
| Talen Energy Supply LLC(1) | 6.25 | 02/01/34 | 105,000 | 107,738 | ||||||||||
| Talen Energy Supply LLC(1) | 6.50 | 02/01/36 | 95,000 | 98,451 | ||||||||||
| 696,228 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.4% | ||||||||||||||
| Energizer Holdings, Inc.(1) | 4.38 | 03/31/29 | 60,000 | 57,662 | ||||||||||
| Energizer Holdings, Inc.(1) | 4.75 | 06/15/28 | 40,000 | 39,396 | ||||||||||
| Energizer Holdings, Inc.(1) | 6.00 | 09/15/33 | 30,000 | 29,019 | ||||||||||
| 126,077 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.5% | ||||||||||||||
| Arcosa, Inc.(1) | 4.38 | 04/15/29 | 35,000 | 34,180 | ||||||||||
| Arcosa, Inc.(1) | 6.88 | 08/15/32 | 45,000 | 47,294 | ||||||||||
| Brundage-Bone Concrete Pumping Holdings, Inc.(1) | 7.50 | 02/01/32 | 35,000 | 35,350 | ||||||||||
| Railworks Holdings LP/Railworks Rally, Inc.(1) | 8.25 | 11/15/28 | 25,000 | 25,135 | ||||||||||
| Tutor Perini Corp.(1) | 11.88 | 04/30/29 | 30,000 | 33,504 | ||||||||||
| 175,463 | ||||||||||||||
| ENTERTAINMENT – 4.4% | ||||||||||||||
| Banijay Entertainment SAS(1) | 8.13 | 05/01/29 | 30,000 | 31,159 | ||||||||||
| Boyne USA, Inc.(1) | 4.75 | 05/15/29 | 50,000 | 49,066 | ||||||||||
| Caesars Entertainment, Inc.(1) | 4.63 | 10/15/29 | 90,000 | 84,731 | ||||||||||
| Caesars Entertainment, Inc.(1) | 6.00 | 10/15/32 | 85,000 | 81,161 | ||||||||||
| Churchill Downs, Inc.(1) | 4.75 | 01/15/28 | 50,000 | 49,581 | ||||||||||
| Churchill Downs, Inc.(1) | 5.50 | 04/01/27 | 45,000 | 45,012 | ||||||||||
| Churchill Downs, Inc.(1) | 5.75 | 04/01/30 | 95,000 | 95,397 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENTERTAINMENT – 4.4% (Continued) | ||||||||||||||
| Churchill Downs, Inc.(1) | 6.75 | 05/01/31 | $ | 45,000 | $ | 46,066 | ||||||||
| Cinemark USA, Inc.(1) | 5.25 | 07/15/28 | 55,000 | 54,784 | ||||||||||
| Cinemark USA, Inc.(1) | 7.00 | 08/01/32 | 35,000 | 36,312 | ||||||||||
| Empire Resorts, Inc.(1) | 7.75 | 11/01/26 | 20,000 | 19,823 | ||||||||||
| Great Canadian Gaming Corp./Raptor LLC(1) | 8.75 | 11/15/29 | 40,000 | 39,144 | ||||||||||
| Jacobs Entertainment, Inc.(1) | 6.75 | 02/15/29 | 40,000 | 38,776 | ||||||||||
| Light & Wonder International, Inc.(1) | 6.25 | 10/01/33 | 80,000 | 79,725 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.25 | 11/15/29 | 40,000 | 41,063 | ||||||||||
| Light & Wonder International, Inc.(1) | 7.50 | 09/01/31 | 40,000 | 41,549 | ||||||||||
| Merlin Entertainments Group US Holdings, Inc.(1) | 7.38 | 02/15/31 | 35,000 | 29,363 | ||||||||||
| Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp.(1) | 4.88 | 05/01/29 | 55,000 | 53,426 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 8.25 | 04/15/30 | 55,000 | 57,132 | ||||||||||
| Mohegan Tribal Gaming Authority/MS Digital Entertainment Holdings LLC(1) | 11.88 | 04/15/31 | 50,000 | 52,269 | ||||||||||
| Motion FinCo. Sarl(1) | 8.38 | 02/15/32 | 30,000 | 25,265 | ||||||||||
| Odeon FinCo. PLC(1) | 12.75 | 11/01/27 | 30,000 | 31,021 | ||||||||||
| Ontario Gaming GTA LP/OTG Co.-Issuer, Inc.(1) | 8.00 | 08/01/30 | 30,000 | 29,618 | ||||||||||
| Penn Entertainment, Inc.(1) | 4.13 | 07/01/29 | 25,000 | 23,298 | ||||||||||
| Penn Entertainment, Inc.(1) | 5.63 | 01/15/27 | 35,000 | 34,981 | ||||||||||
| Rivers Enterprise Borrower LLC/Rivers Enterprise Finance Corp.(1) | 6.63 | 02/01/33 | 45,000 | 45,513 | ||||||||||
| Rivers Enterprise Lender LLC/Rivers Enterprise Lender Corp.(1) | 6.25 | 10/15/30 | 45,000 | 45,395 | ||||||||||
| Scientific Games Holdings LP/Scientific Games US FinCo., Inc.(1) | 6.63 | 03/01/30 | 60,000 | 54,855 | ||||||||||
| SeaWorld Parks & Entertainment, Inc.(1) | 5.25 | 08/15/29 | 55,000 | 53,981 | ||||||||||
| Six Flags Entertainment Corp.(1) | 5.50 | 04/15/27 | 35,000 | 34,925 | ||||||||||
| Six Flags Entertainment Corp.(1) | 7.25 | 05/15/31 | 60,000 | 60,198 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.25 | 07/15/29 | 35,000 | 33,661 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 5.38 | 04/15/27 | 35,000 | 34,868 | ||||||||||
| Six Flags Entertainment Corp./Canada’s Wonderland Co./Magnum Management Corp. | 6.50 | 10/01/28 | 25,000 | 25,061 | ||||||||||
| Universal Entertainment Corp.(1) | 9.88 | 08/01/29 | 25,000 | 24,937 | ||||||||||
| 1,583,116 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.6% | ||||||||||||||
| Enviri Corp.(1) | 5.75 | 07/31/27 | 35,000 | 34,758 | ||||||||||
| Madison IAQ LLC(1) | 4.13 | 06/30/28 | 50,000 | 48,993 | ||||||||||
| Reworld Holding Corp.(1) | 4.88 | 12/01/29 | 55,000 | 51,825 | ||||||||||
| Waste Pro USA, Inc.(1) | 7.00 | 02/01/33 | 65,000 | 67,725 | ||||||||||
| 203,301 | ||||||||||||||
| FOOD – 2.3% | ||||||||||||||
| Aragvi Finance International DAC(1) | 11.13 | 11/20/29 | 45,000 | 44,935 | ||||||||||
| B&G Foods, Inc.(1) | 8.00 | 09/15/28 | 55,000 | 51,777 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 4.63 | 11/15/28 | 30,000 | 29,892 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 7.88 | 03/01/31 | 35,000 | 37,081 | ||||||||||
| Froneri Lux FinCo. Sarl(1) | 6.00 | 08/01/32 | 45,000 | 45,450 | ||||||||||
| KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc.(1) | 9.00 | 02/15/29 | 75,000 | 78,619 | ||||||||||
| Post Holdings, Inc.(1) | 4.50 | 09/15/31 | 74,000 | 69,548 | ||||||||||
| Post Holdings, Inc.(1) | 4.63 | 04/15/30 | 110,000 | 106,782 | ||||||||||
| Post Holdings, Inc.(1) | 5.50 | 12/15/29 | 90,000 | 90,155 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 2.3% (Continued) | ||||||||||||||
| Post Holdings, Inc.(1) | 6.25 | 10/15/34 | $ | 40,000 | $ | 40,569 | ||||||||
| Post Holdings, Inc.(1) | 6.38 | 03/01/33 | 90,000 | 91,377 | ||||||||||
| Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed(1) | 4.63 | 03/01/29 | 65,000 | 62,360 | ||||||||||
| Viking Baked Goods Acquisition Corp.(1) | 8.63 | 11/01/31 | 65,000 | 65,381 | ||||||||||
| 813,926 | ||||||||||||||
| FOOD SERVICE – 0.3% | ||||||||||||||
| Aramark Services, Inc.(1) | 5.00 | 02/01/28 | 85,000 | 84,974 | ||||||||||
| TKC Holdings, Inc.(1) | 6.88 | 05/15/28 | 30,000 | 30,282 | ||||||||||
| 115,256 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.6% | ||||||||||||||
| Ahlstrom Holding 3 Oy(1) | 4.88 | 02/04/28 | 20,000 | 19,467 | ||||||||||
| Domtar Corp.(1) | 6.75 | 10/01/28 | 45,000 | 34,200 | ||||||||||
| Magnera Corp.(1) | 4.75 | 11/15/29 | 40,000 | 33,349 | ||||||||||
| Magnera Corp.(1) | 7.25 | 11/15/31 | 60,000 | 51,863 | ||||||||||
| Mercer International, Inc. | 5.13 | 02/01/29 | 60,000 | 38,855 | ||||||||||
| Mercer International, Inc.(1) | 12.88 | 10/01/28 | 40,000 | 33,260 | ||||||||||
| 210,994 | ||||||||||||||
| GAS – 0.3% | ||||||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp. | 5.75 | 05/20/27 | 40,000 | 40,173 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.38 | 06/01/28 | 40,000 | 41,515 | ||||||||||
| AmeriGas Partners LP/AmeriGas Finance Corp.(1) | 9.50 | 06/01/30 | 40,000 | 42,118 | ||||||||||
| 123,806 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.2% | ||||||||||||||
| Bausch + Lomb Corp.(1) | 8.38 | 10/01/28 | 105,000 | 109,856 | ||||||||||
| Embecta Corp.(1) | 5.00 | 02/15/30 | 35,000 | 33,236 | ||||||||||
| Insulet Corp.(1) | 6.50 | 04/01/33 | 30,000 | 31,286 | ||||||||||
| Medline Borrower LP(1) | 5.25 | 10/01/29 | 185,000 | 184,417 | ||||||||||
| Neogen Food Safety Corp.(1) | 8.63 | 07/20/30 | 25,000 | 26,463 | ||||||||||
| Varex Imaging Corp.(1) | 7.88 | 10/15/27 | 25,000 | 25,596 | ||||||||||
| 410,854 | ||||||||||||||
| HEALTHCARE-SERVICES – 5.6% | ||||||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.00 | 04/15/29 | 35,000 | 34,277 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 5.50 | 07/01/28 | 35,000 | 34,796 | ||||||||||
| Acadia Healthcare Co., Inc.(1) | 7.38 | 03/15/33 | 40,000 | 41,401 | ||||||||||
| AHP Health Partners, Inc.(1) | 5.75 | 07/15/29 | 20,000 | 19,977 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 4.75 | 02/15/31 | 85,000 | 75,964 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 5.25 | 05/15/30 | 120,000 | 112,593 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.00 | 01/15/29 | 45,000 | 44,585 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 9.75 | 01/15/34 | 130,000 | 137,805 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 10.88 | 01/15/32 | 165,000 | 178,081 | ||||||||||
| Concentra Health Services, Inc.(1) | 6.88 | 07/15/32 | 50,000 | 52,214 | ||||||||||
| Fortrea Holdings, Inc.(1) | 7.50 | 07/01/30 | 45,000 | 43,258 | ||||||||||
| Global Medical Response, Inc.(1) | 7.38 | 10/01/32 | 70,000 | 73,296 | ||||||||||
| HAH Group Holding Co. LLC(1) | 9.75 | 10/01/31 | 50,000 | 47,446 | ||||||||||
| HealthEquity, Inc.(1) | 4.50 | 10/01/29 | 45,000 | 43,848 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 5.6% (Continued) | ||||||||||||||
| Kedrion SpA(1) | 6.50 | 09/01/29 | $ | 60,000 | $ | 58,691 | ||||||||
| LifePoint Health, Inc.(1) | 8.38 | 02/15/32 | 55,000 | 59,436 | ||||||||||
| LifePoint Health, Inc.(1) | 9.88 | 08/15/30 | 55,000 | 59,448 | ||||||||||
| LifePoint Health, Inc.(1) | 11.00 | 10/15/30 | 80,000 | 88,308 | ||||||||||
| Prime Healthcare Services, Inc.(1) | 9.38 | 09/01/29 | 110,000 | 115,818 | ||||||||||
| Radiology Partners, Inc.(1) | 8.50 | 07/15/32 | 65,000 | 67,679 | ||||||||||
| Select Medical Corp.(1) | 6.25 | 12/01/32 | 40,000 | 40,617 | ||||||||||
| Sotera Health Holdings LLC(1) | 7.38 | 06/01/31 | 55,000 | 57,868 | ||||||||||
| Star Parent, Inc.(1) | 9.00 | 10/01/30 | 75,000 | 80,177 | ||||||||||
| Team Health Holdings, Inc.(1) | 8.38 | 06/30/28 | 30,000 | 30,342 | ||||||||||
| Tenet Healthcare Corp. | 6.13 | 10/01/28 | 190,000 | 190,364 | ||||||||||
| Tenet Healthcare Corp. | 6.25 | 02/01/27 | 110,000 | 110,256 | ||||||||||
| Tenet Healthcare Corp. | 6.88 | 11/15/31 | 25,000 | 27,178 | ||||||||||
| US Acute Care Solutions LLC(1) | 9.75 | 05/15/29 | 80,000 | 81,565 | ||||||||||
| 2,007,288 | ||||||||||||||
| HOLDING COMPANIES-DIVERS – 0.2% | ||||||||||||||
| Clue Opco LLC(1) | 9.50 | 10/15/31 | 55,000 | 56,120 | ||||||||||
| HOME BUILDERS – 1.0% | ||||||||||||||
| Adams Homes, Inc.(1) | 9.25 | 10/15/28 | 30,000 | 31,267 | ||||||||||
| Beazer Homes USA, Inc. | 5.88 | 10/15/27 | 30,000 | 30,044 | ||||||||||
| Beazer Homes USA, Inc. | 7.25 | 10/15/29 | 25,000 | 25,373 | ||||||||||
| Beazer Homes USA, Inc.(1) | 7.50 | 03/15/31 | 15,000 | 15,201 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 4.88 | 02/15/30 | 40,000 | 36,989 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 5.00 | 06/15/29 | 25,000 | 24,081 | ||||||||||
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC(1) | 6.25 | 09/15/27 | 40,000 | 40,031 | ||||||||||
| Empire Communities Corp.(1) | 9.75 | 05/01/29 | 35,000 | 35,832 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 8.00 | 04/01/31 | 30,000 | 30,673 | ||||||||||
| K Hovnanian Enterprises, Inc.(1) | 8.38 | 10/01/33 | 35,000 | 35,866 | ||||||||||
| New Home Co., Inc.(1) | 8.50 | 11/01/30 | 20,000 | 20,721 | ||||||||||
| New Home Co., Inc.(1) | 9.25 | 10/01/29 | 25,000 | 26,250 | ||||||||||
| 352,328 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.1% | ||||||||||||||
| ACCO Brands Corp.(1) | 4.25 | 03/15/29 | 45,000 | 39,592 | ||||||||||
| HOUSEWARES – 1.4% | ||||||||||||||
| CD&R Smokey Buyer, Inc./Radio Systems Corp.(1) | 9.50 | 10/15/29 | 55,000 | 38,565 | ||||||||||
| Newell Brands, Inc. | 6.38 | 09/15/27 | 40,000 | 40,019 | ||||||||||
| Newell Brands, Inc. | 6.38 | 05/15/30 | 65,000 | 61,912 | ||||||||||
| Newell Brands, Inc. | 6.63 | 09/15/29 | 30,000 | 29,395 | ||||||||||
| Newell Brands, Inc. | 6.63 | 05/15/32 | 35,000 | 32,987 | ||||||||||
| Newell Brands, Inc. | 7.38 | 04/01/36 | 30,000 | 28,338 | ||||||||||
| Newell Brands, Inc. | 7.50 | 04/01/46 | 50,000 | 41,375 | ||||||||||
| Newell Brands, Inc.(1) | 8.50 | 06/01/28 | 95,000 | 97,700 | ||||||||||
| Scotts Miracle-Gro Co. | 4.00 | 04/01/31 | 30,000 | 27,828 | ||||||||||
| Scotts Miracle-Gro Co. | 4.38 | 02/01/32 | 35,000 | 32,473 | ||||||||||
| Scotts Miracle-Gro Co. | 4.50 | 10/15/29 | 35,000 | 34,137 | ||||||||||
| Scotts Miracle-Gro Co. | 5.25 | 12/15/26 | 20,000 | 20,036 | ||||||||||
| 484,765 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 4.4% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 4.25 | 02/15/29 | $ | 60,000 | $ | 57,648 | ||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.75 | 07/01/32 | 40,000 | 41,049 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 7.50 | 11/06/30 | 80,000 | 82,804 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 4.25 | 10/15/27 | 55,000 | 54,204 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.50 | 10/01/31 | 80,000 | 82,139 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 04/15/28 | 90,000 | 91,698 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.00 | 01/15/31 | 105,000 | 108,853 | ||||||||||
| AmWINS Group, Inc.(1) | 4.88 | 06/30/29 | 60,000 | 58,001 | ||||||||||
| AmWINS Group, Inc.(1) | 6.38 | 02/15/29 | 55,000 | 56,098 | ||||||||||
| Ardonagh FinCo. Ltd.(1) | 7.75 | 02/15/31 | 100,000 | 104,689 | ||||||||||
| Baldwin Insurance Group Holdings LLC/Baldwin Insurance Group Holdings Finance(1) | 7.13 | 05/15/31 | 45,000 | 46,220 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 7.25 | 02/15/31 | 70,000 | 72,212 | ||||||||||
| HUB International Ltd.(1) | 5.63 | 12/01/29 | 35,000 | 34,924 | ||||||||||
| HUB International Ltd.(1) | 7.25 | 06/15/30 | 240,000 | 250,738 | ||||||||||
| HUB International Ltd.(1) | 7.38 | 01/31/32 | 150,000 | 155,557 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 8.50 | 03/15/30 | 50,000 | 52,552 | ||||||||||
| Panther Escrow Issuer LLC(1) | 7.13 | 06/01/31 | 220,000 | 227,547 | ||||||||||
| 1,576,933 | ||||||||||||||
| INTERNET – 1.9% | ||||||||||||||
| ANGI Group LLC(1) | 3.88 | 08/15/28 | 40,000 | 36,816 | ||||||||||
| Arches Buyer, Inc.(1) | 4.25 | 06/01/28 | 70,000 | 68,453 | ||||||||||
| Cablevision Lightpath LLC(1) | 3.88 | 09/15/27 | 30,000 | 29,413 | ||||||||||
| Cars.com, Inc.(1) | 6.38 | 11/01/28 | 35,000 | 34,888 | ||||||||||
| Cogent Communications Group LLC/Cogent Finance, Inc.(1) | 7.00 | 06/15/27 | 30,000 | 29,957 | ||||||||||
| Cogent Communications Group LLC/Cogent Finance, Inc.(1) | 7.00 | 06/15/27 | 25,000 | 24,941 | ||||||||||
| Getty Images, Inc.(1) | 10.50 | 11/15/30 | 45,000 | 45,414 | ||||||||||
| Getty Images, Inc.(1) | 11.25 | 02/21/30 | 40,000 | 39,743 | ||||||||||
| Getty Images, Inc.(1) | 14.00 | 03/01/28 | 20,000 | 19,525 | ||||||||||
| GrubHub Holdings, Inc.(1) | 13.00 | 07/31/30 | 8,070 | 6,880 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 4.63 | 05/01/28 | 30,000 | 28,614 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 5.00 | 05/01/28 | 25,000 | 23,346 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 5.75 | 05/15/28 | 25,000 | 23,897 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 8.75 | 05/01/29 | 50,000 | 50,936 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 9.00 | 08/01/29 | 40,000 | 40,538 | ||||||||||
| ION Platform Finance US, Inc./ION Platform Finance Sarl(1) | 9.50 | 05/30/29 | 60,000 | 61,380 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 6.25 | - | 40,000 | 38,644 | ||||||||||
| Rakuten Group, Inc.(1),(2) | 8.13 | - | 70,000 | 73,199 | ||||||||||
| 676,584 | ||||||||||||||
| INVESTMENT COMPANIES – 0.9% | ||||||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 4.38 | 02/01/29 | 50,000 | 43,195 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 5.25 | 05/15/27 | 100,000 | 98,334 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.00 | 06/15/30 | 55,000 | 52,991 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. | 9.75 | 01/15/29 | 55,000 | 55,264 | ||||||||||
| Icahn Enterprises LP/Icahn Enterprises Finance Corp.(1) | 10.00 | 11/15/29 | 75,000 | 75,369 | ||||||||||
| 325,153 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| IRON/STEEL – 0.1% | ||||||||||||||
| Algoma Steel, Inc.(1) | 9.13 | 04/15/29 | $ | 25,000 | $ | 20,524 | ||||||||
| LEISURE TIME – 1.9% | ||||||||||||||
| Kingpin Intermediate Holdings LLC(1) | 7.25 | 10/15/32 | 35,000 | 32,895 | ||||||||||
| Lindblad Expeditions LLC(1) | 7.00 | 09/15/30 | 50,000 | 50,955 | ||||||||||
| NCL Corp. Ltd.(1) | 5.88 | 01/15/31 | 90,000 | 90,014 | ||||||||||
| NCL Corp. Ltd.(1) | 6.25 | 03/01/30 | 20,000 | 20,352 | ||||||||||
| NCL Corp. Ltd.(1) | 6.25 | 09/15/33 | 60,000 | 60,723 | ||||||||||
| NCL Corp. Ltd.(1) | 6.75 | 02/01/32 | 140,000 | 143,946 | ||||||||||
| NCL Corp. Ltd.(1) | 7.75 | 02/15/29 | 50,000 | 53,511 | ||||||||||
| NCL Finance Ltd.(1) | 6.13 | 03/15/28 | 40,000 | 40,871 | ||||||||||
| Sabre GLBL, Inc.(1) | 8.63 | 06/01/27 | 32,000 | 32,193 | ||||||||||
| Sabre GLBL, Inc.(1) | 10.75 | 11/15/29 | 56,000 | 53,410 | ||||||||||
| Sabre GLBL, Inc.(1) | 11.13 | 07/15/30 | 105,000 | 99,356 | ||||||||||
| 678,226 | ||||||||||||||
| LODGING – 0.9% | ||||||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 4.88 | 07/01/31 | 35,000 | 32,387 | ||||||||||
| Hilton Grand Vacations Borrower LLC/Hilton Grand Vacations Borrower, Inc.(1) | 5.00 | 06/01/29 | 70,000 | 67,264 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 4.50 | 06/15/29 | 35,000 | 33,752 | ||||||||||
| Marriott Ownership Resorts, Inc. | 4.75 | 01/15/28 | 30,000 | 29,697 | ||||||||||
| Marriott Ownership Resorts, Inc.(1) | 6.50 | 10/01/33 | 45,000 | 44,428 | ||||||||||
| Station Casinos LLC(1) | 4.50 | 02/15/28 | 55,000 | 54,173 | ||||||||||
| Station Casinos LLC(1) | 4.63 | 12/01/31 | 35,000 | 32,904 | ||||||||||
| Station Casinos LLC(1) | 6.63 | 03/15/32 | 40,000 | 40,684 | ||||||||||
| 335,289 | ||||||||||||||
| MACHINERY-CONSTRUCTION & MINING – 0.1% | ||||||||||||||
| Manitowoc Co., Inc.(1) | 9.25 | 10/01/31 | 20,000 | 21,044 | ||||||||||
| MACHINERY-DIVERSIFIED – 0.7% | ||||||||||||||
| Chart Industries, Inc.(1) | 9.50 | 01/01/31 | 35,000 | 37,604 | ||||||||||
| Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC(1) | 9.00 | 02/15/29 | 80,000 | 82,751 | ||||||||||
| TK Elevator US Newco, Inc.(1) | 5.25 | 07/15/27 | 115,000 | 114,951 | ||||||||||
| 235,306 | ||||||||||||||
| MEDIA – 4.2% | ||||||||||||||
| AMC Networks, Inc.(1) | 10.25 | 01/15/29 | 55,000 | 57,782 | ||||||||||
| AMC Networks, Inc.(1) | 10.50 | 07/15/32 | 35,000 | 36,833 | ||||||||||
| Block Communications, Inc.(1) | 4.88 | 03/01/28 | 20,000 | 18,772 | ||||||||||
| Cable One, Inc.(1) | 4.00 | 11/15/30 | 50,000 | 39,564 | ||||||||||
| DISH Network Corp.(1) | 11.75 | 11/15/27 | 265,000 | 279,153 | ||||||||||
| Gray Media, Inc.(1) | 7.25 | 08/15/33 | 55,000 | 53,907 | ||||||||||
| Gray Media, Inc.(1) | 10.50 | 07/15/29 | 100,000 | 107,830 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 5.75 | 08/01/28 | 60,000 | 59,923 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 7.38 | 09/01/31 | 50,000 | 51,360 | ||||||||||
| Midcontinent Communications(1) | 8.00 | 08/15/32 | 50,000 | 50,992 | ||||||||||
| Scripps Escrow II, Inc.(1) | 3.88 | 01/15/29 | 40,000 | 36,205 | ||||||||||
| Sinclair Television Group, Inc.(1) | 8.13 | 02/15/33 | 105,000 | 107,129 | ||||||||||
| Univision Communications, Inc.(1) | 4.50 | 05/01/29 | 85,000 | 79,965 | ||||||||||
| Univision Communications, Inc.(1) | 7.38 | 06/30/30 | 65,000 | 65,281 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 4.2% (Continued) | ||||||||||||||
| Univision Communications, Inc.(1) | 8.00 | 08/15/28 | $ | 105,000 | $ | 108,167 | ||||||||
| Univision Communications, Inc.(1) | 8.50 | 07/31/31 | 85,000 | 87,032 | ||||||||||
| Univision Communications, Inc.(1) | 9.38 | 08/01/32 | 115,000 | 121,513 | ||||||||||
| Virgin Media Finance PLC(1) | 5.00 | 07/15/30 | 70,000 | 62,556 | ||||||||||
| Virgin Media Vendor Financing Notes IV DAC(1) | 5.00 | 07/15/28 | 40,000 | 39,226 | ||||||||||
| Ziggo Bond Co. BV(1) | 5.13 | 02/28/30 | 35,000 | 31,008 | ||||||||||
| 1,494,198 | ||||||||||||||
| METAL FABRICATE/HARDWARE – 0.3% | ||||||||||||||
| Park-Ohio Industries, Inc.(1) | 8.50 | 08/01/30 | 30,000 | 30,648 | ||||||||||
| Roller Bearing Co. of America, Inc.(1) | 4.38 | 10/15/29 | 40,000 | 39,248 | ||||||||||
| TMS International Corp./DE(1) | 6.25 | 04/15/29 | 25,000 | 24,568 | ||||||||||
| 94,464 | ||||||||||||||
| MINING – 1.3% | ||||||||||||||
| Arsenal AIC Parent LLC(1) | 11.50 | 10/01/31 | 40,000 | 44,507 | ||||||||||
| Century Aluminum Co.(1) | 6.88 | 08/01/32 | 30,000 | 30,880 | ||||||||||
| Coeur Mining, Inc.(1) | 5.13 | 02/15/29 | 25,000 | 24,769 | ||||||||||
| Compass Minerals International, Inc.(1) | 8.00 | 07/01/30 | 50,000 | 52,074 | ||||||||||
| Eldorado Gold Corp.(1) | 6.25 | 09/01/29 | 40,000 | 40,112 | ||||||||||
| Hecla Mining Co. | 7.25 | 02/15/28 | 17,000 | 17,145 | ||||||||||
| Hudbay Minerals, Inc.(1) | 6.13 | 04/01/29 | 40,000 | 40,532 | ||||||||||
| IAMGOLD Corp.(1) | 5.75 | 10/15/28 | 30,000 | 29,967 | ||||||||||
| JW Aluminum Continuous Cast Co.(1) | 10.25 | 04/01/30 | 25,000 | 25,761 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.50 | 06/01/31 | 40,000 | 38,196 | ||||||||||
| Kaiser Aluminum Corp.(1) | 4.63 | 03/01/28 | 35,000 | 34,996 | ||||||||||
| New Gold, Inc.(1) | 6.88 | 04/01/32 | 30,000 | 31,394 | ||||||||||
| Taseko Mines Ltd.(1) | 8.25 | 05/01/30 | 40,000 | 42,340 | ||||||||||
| 452,673 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.3% | ||||||||||||||
| Calderys Financing LLC(1) | 11.25 | 06/01/28 | 40,000 | 42,311 | ||||||||||
| LSB Industries, Inc.(1) | 6.25 | 10/15/28 | 30,000 | 29,596 | ||||||||||
| Maxam Prill Sarl(1) | 7.75 | 07/15/30 | 35,000 | 35,771 | ||||||||||
| 107,678 | ||||||||||||||
| OFFICE FURNISHINGS – 0.1% | ||||||||||||||
| Interface, Inc.(1) | 5.50 | 12/01/28 | 30,000 | 30,079 | ||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| Pitney Bowes, Inc.(1) | 6.88 | 03/15/27 | 30,000 | 30,165 | ||||||||||
| Pitney Bowes, Inc.(1) | 7.25 | 03/15/29 | 20,000 | 20,270 | ||||||||||
| Xerox Corp.(1) | 13.50 | 04/15/31 | 40,000 | 38,720 | ||||||||||
| 89,155 | ||||||||||||||
| OIL & GAS – 4.8% | ||||||||||||||
| Aethon United BR LP/Aethon United Finance Corp.(1) | 7.50 | 10/01/29 | 70,000 | 72,683 | ||||||||||
| BKV Upstream Midstream LLC(1) | 7.50 | 10/15/30 | 40,000 | 40,092 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.00 | 11/15/28 | 89,024 | 89,459 | ||||||||||
| Borr IHC Ltd./Borr Finance LLC(1) | 10.38 | 11/15/30 | 46,359 | 46,465 | ||||||||||
| Caturus Energy LLC(1) | 8.50 | 02/15/30 | 35,000 | 35,784 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 4.8% (Continued) | ||||||||||||||
| CITGO Petroleum Corp.(1) | 8.38 | 01/15/29 | $ | 80,000 | $ | 83,392 | ||||||||
| Comstock Resources, Inc.(1) | 5.88 | 01/15/30 | 65,000 | 61,916 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 90,000 | 89,293 | ||||||||||
| Comstock Resources, Inc.(1) | 6.75 | 03/01/29 | 40,000 | 39,732 | ||||||||||
| CVR Energy, Inc.(1) | 5.75 | 02/15/28 | 25,000 | 24,760 | ||||||||||
| CVR Energy, Inc.(1) | 8.50 | 01/15/29 | 45,000 | 46,147 | ||||||||||
| EnQuest PLC(1) | 11.63 | 11/01/27 | 30,000 | 30,608 | ||||||||||
| Gulfport Energy Operating Corp.(1) | 6.75 | 09/01/29 | 50,000 | 51,113 | ||||||||||
| Kraken Oil & Gas Partners LLC(1) | 7.63 | 08/15/29 | 40,000 | 39,196 | ||||||||||
| Long Ridge Energy LLC(1) | 8.75 | 02/15/32 | 45,000 | 46,565 | ||||||||||
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp.(1) | 6.88 | 12/01/32 | 30,000 | 30,445 | ||||||||||
| Moss Creek Resources Holdings, Inc.(1) | 8.25 | 09/01/31 | 55,000 | 53,141 | ||||||||||
| Nabors Industries, Inc.(1) | 7.38 | 05/15/27 | 40,000 | 40,627 | ||||||||||
| Nabors Industries, Inc.(1) | 9.13 | 01/31/30 | 50,000 | 52,583 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 7.88 | 10/15/33 | 55,000 | 53,617 | ||||||||||
| Northern Oil & Gas, Inc.(1) | 8.75 | 06/15/31 | 40,000 | 40,818 | ||||||||||
| Precision Drilling Corp.(1) | 6.88 | 01/15/29 | 30,000 | 30,191 | ||||||||||
| Saturn Oil & Gas, Inc.(1) | 9.63 | 06/15/29 | 45,000 | 45,569 | ||||||||||
| Talos Production, Inc.(1) | 9.00 | 02/01/29 | 40,000 | 41,155 | ||||||||||
| Talos Production, Inc.(1) | 9.38 | 02/01/31 | 50,000 | 51,187 | ||||||||||
| Teine Energy Ltd.(1) | 6.88 | 04/15/29 | 30,000 | 29,952 | ||||||||||
| TGNR Intermediate Holdings LLC(1) | 5.50 | 10/15/29 | 50,000 | 48,508 | ||||||||||
| Transocean Aquila Ltd.(1) | 8.00 | 09/30/28 | 10,846 | 11,178 | ||||||||||
| Transocean International Ltd.(1) | 7.88 | 10/15/32 | 40,000 | 41,232 | ||||||||||
| Transocean International Ltd.(1) | 8.75 | 02/15/30 | 75,000 | 78,757 | ||||||||||
| Transocean Titan Financing Ltd.(1) | 8.38 | 02/01/28 | 28,333 | 29,135 | ||||||||||
| Vermilion Energy, Inc.(1) | 6.88 | 05/01/30 | 30,000 | 28,583 | ||||||||||
| Vermilion Energy, Inc.(1) | 7.25 | 02/15/33 | 30,000 | 27,733 | ||||||||||
| Vital Energy, Inc.(1) | 7.75 | 07/31/29 | 20,000 | 19,681 | ||||||||||
| Vital Energy, Inc.(1) | 7.88 | 04/15/32 | 75,000 | 71,048 | ||||||||||
| Vital Energy, Inc. | 9.75 | 10/15/30 | 25,000 | 25,758 | ||||||||||
| W&T Offshore, Inc.(1) | 10.75 | 02/01/29 | 30,000 | 28,286 | ||||||||||
| Wildfire Intermediate Holdings LLC(1) | 7.50 | 10/15/29 | 45,000 | 45,021 | ||||||||||
| 1,721,410 | ||||||||||||||
| OIL & GAS SERVICES – 0.5% | ||||||||||||||
| CHC Group LLC(1) | 11.75 | 09/01/30 | 40,000 | 37,379 | ||||||||||
| SESI LLC(1) | 7.88 | 09/30/30 | 45,000 | 44,194 | ||||||||||
| Star Holding LLC(1) | 8.75 | 08/01/31 | 25,000 | 24,195 | ||||||||||
| Tidewater, Inc.(1) | 9.13 | 07/15/30 | 50,000 | 53,407 | ||||||||||
| Viridien(1) | 10.00 | 10/15/30 | 30,000 | 31,458 | ||||||||||
| 190,633 | ||||||||||||||
| PACKAGING & CONTAINERS – 1.6% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 3.25 | 09/01/28 | 50,000 | 47,742 | ||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 6.00 | 06/15/27 | 40,000 | 40,128 | ||||||||||
| Clearwater Paper Corp.(1) | 4.75 | 08/15/28 | 20,000 | 18,784 | ||||||||||
| Clydesdale Acquisition Holdings, Inc.(1) | 8.75 | 04/15/30 | 80,000 | 80,232 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 7.88 | 04/15/27 | 205,000 | 205,795 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 1.6% (Continued) | ||||||||||||||
| OI European Group BV(1) | 4.75 | 02/15/30 | $ | 35,000 | $ | 33,020 | ||||||||
| Owens-Brockway Glass Container, Inc.(1) | 6.63 | 05/13/27 | 45,000 | 45,042 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.25 | 05/15/31 | 52,000 | 51,025 | ||||||||||
| Owens-Brockway Glass Container, Inc.(1) | 7.38 | 06/01/32 | 20,000 | 19,593 | ||||||||||
| Trivium Packaging Finance BV(1) | 8.25 | 07/15/30 | 45,000 | 46,661 | ||||||||||
| 588,022 | ||||||||||||||
| PHARMACEUTICALS – 2.6% | ||||||||||||||
| 1261229 BC Ltd.(1) | 10.00 | 04/15/32 | 330,000 | 345,271 | ||||||||||
| AdaptHealth LLC(1) | 4.63 | 08/01/29 | 35,000 | 33,377 | ||||||||||
| AdaptHealth LLC(1) | 5.13 | 03/01/30 | 45,000 | 43,085 | ||||||||||
| AdaptHealth LLC(1) | 6.13 | 08/01/28 | 25,000 | 25,009 | ||||||||||
| Amneal Pharmaceuticals LLC(1) | 6.88 | 08/01/32 | 45,000 | 47,236 | ||||||||||
| BellRing Brands, Inc.(1) | 7.00 | 03/15/30 | 65,000 | 67,092 | ||||||||||
| Grifols SA(1) | 4.75 | 10/15/28 | 50,000 | 48,383 | ||||||||||
| Harrow, Inc.(1) | 8.63 | 09/15/30 | 20,000 | 21,162 | ||||||||||
| HLF Financing Sarl LLC/Herbalife International, Inc.(1) | 4.88 | 06/01/29 | 45,000 | 39,717 | ||||||||||
| Option Care Health, Inc.(1) | 4.38 | 10/31/29 | 40,000 | 38,636 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 5.13 | 04/30/31 | 135,000 | 103,647 | ||||||||||
| Organon & Co./Organon Foreign Debt Co.-Issuer BV(1) | 7.88 | 05/15/34 | 35,000 | 27,280 | ||||||||||
| Owens & Minor, Inc.(1) | 4.50 | 03/31/29 | 30,000 | 23,117 | ||||||||||
| Owens & Minor, Inc.(1) | 6.63 | 04/01/30 | 45,000 | 34,294 | ||||||||||
| Paradigm Parent LLC & Paradigm Parent Co.-Issuer, Inc.(1) | 8.75 | 04/17/32 | 40,000 | 37,751 | ||||||||||
| 935,057 | ||||||||||||||
| PIPELINES – 3.5% | ||||||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.00 | 07/15/29 | 35,000 | 36,338 | ||||||||||
| Blue Racer Midstream LLC/Blue Racer Finance Corp.(1) | 7.25 | 07/15/32 | 35,000 | 36,841 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.13 | 06/01/28 | 30,000 | 30,264 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 7.38 | 06/30/33 | 50,000 | 50,770 | ||||||||||
| Delek Logistics Partners LP/Delek Logistics Finance Corp.(1) | 8.63 | 03/15/29 | 85,000 | 88,770 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.75 | 02/01/28 | 50,000 | 50,344 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 7.88 | 05/15/32 | 50,000 | 51,538 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.00 | 05/15/33 | 45,000 | 46,523 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.25 | 01/15/29 | 55,000 | 57,498 | ||||||||||
| Genesis Energy LP/Genesis Energy Finance Corp. | 8.88 | 04/15/30 | 35,000 | 36,913 | ||||||||||
| Global Partners LP/GLP Finance Corp. | 6.88 | 01/15/29 | 20,000 | 20,258 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 7.13 | 07/01/33 | 30,000 | 30,457 | ||||||||||
| Global Partners LP/GLP Finance Corp.(1) | 8.25 | 01/15/32 | 40,000 | 41,851 | ||||||||||
| Golar LNG Ltd.(1) | 7.50 | 10/02/30 | 35,000 | 34,625 | ||||||||||
| ITT Holdings LLC(1) | 6.50 | 08/01/29 | 90,000 | 87,252 | ||||||||||
| Martin Midstream Partners LP/Martin Midstream Finance Corp.(1) | 11.50 | 02/15/28 | 30,000 | 30,878 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.13 | 02/15/29 | 70,000 | 71,705 | ||||||||||
| NGL Energy Operating LLC/NGL Energy Finance Corp.(1) | 8.38 | 02/15/32 | 90,000 | 92,105 | ||||||||||
| Prairie Acquiror LP(1) | 9.00 | 08/01/29 | 30,000 | 30,904 | ||||||||||
| Summit Midstream Holdings LLC(1) | 8.63 | 10/31/29 | 60,000 | 61,088 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 5.50 | 01/15/28 | 55,000 | 54,705 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 12/31/30 | 45,000 | 44,691 | ||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.00 | 09/01/31 | 45,000 | 44,415 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 3.5% (Continued) | ||||||||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 6.75 | 03/15/34 | $ | 50,000 | $ | 49,656 | ||||||||
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.(1) | 7.38 | 02/15/29 | 65,000 | 66,958 | ||||||||||
| 1,247,347 | ||||||||||||||
| REAL ESTATE – 0.8% | ||||||||||||||
| Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp.(1) | 7.00 | 04/15/30 | 49,400 | 49,797 | ||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 9.75 | 04/15/30 | 35,000 | 38,134 | ||||||||||
| Five Point Operating Co. LP(1) | 8.00 | 10/01/30 | 35,000 | 35,797 | ||||||||||
| Hunt Cos, Inc.(1) | 5.25 | 04/15/29 | 45,000 | 43,797 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 03/01/29 | 35,000 | 33,162 | ||||||||||
| Kennedy-Wilson, Inc. | 4.75 | 02/01/30 | 50,000 | 46,218 | ||||||||||
| Kennedy-Wilson, Inc. | 5.00 | 03/01/31 | 45,000 | 41,577 | ||||||||||
| 288,482 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 2.5% | ||||||||||||||
| Apollo Commercial Real Estate Finance, Inc.(1) | 4.63 | 06/15/29 | 40,000 | 38,532 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 3.75 | 01/15/27 | 20,000 | 19,637 | ||||||||||
| Blackstone Mortgage Trust, Inc.(1) | 7.75 | 12/01/29 | 40,000 | 42,185 | ||||||||||
| Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(1) | 4.50 | 04/01/27 | 37,000 | 36,471 | ||||||||||
| Diversified Healthcare Trust | 4.38 | 03/01/31 | 40,000 | 35,143 | ||||||||||
| Diversified Healthcare Trust(1) | 7.25 | 10/15/30 | 25,000 | 25,282 | ||||||||||
| EF Holdco/EF Cayman Hold/Ellington Fin REIT Cayman/TRS/EF Cayman Non-MTM(1) | 7.38 | 09/30/30 | 30,000 | 30,116 | ||||||||||
| Hudson Pacific Properties LP | 3.25 | 01/15/30 | 25,000 | 21,372 | ||||||||||
| Hudson Pacific Properties LP | 3.95 | 11/01/27 | 30,000 | 28,747 | ||||||||||
| Hudson Pacific Properties LP | 4.65 | 04/01/29 | 40,000 | 36,863 | ||||||||||
| Hudson Pacific Properties LP | 5.95 | 02/15/28 | 25,000 | 24,471 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp.(1) | 8.50 | 02/15/32 | 115,000 | 120,596 | ||||||||||
| Pebblebrook Hotel LP/PEB Finance Corp.(1) | 6.38 | 10/15/29 | 25,000 | 25,261 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 04/01/29 | 50,000 | 51,053 | ||||||||||
| Rithm Capital Corp.(1) | 8.00 | 07/15/30 | 45,000 | 45,654 | ||||||||||
| Service Properties Trust | 5.50 | 12/15/27 | 40,000 | 38,988 | ||||||||||
| Service Properties Trust | 8.38 | 06/15/29 | 50,000 | 49,717 | ||||||||||
| Service Properties Trust(1) | 8.63 | 11/15/31 | 70,000 | 73,898 | ||||||||||
| Service Properties Trust | 8.88 | 06/15/32 | 35,000 | 34,578 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 4.75 | 04/15/28 | 45,000 | 44,017 | ||||||||||
| XHR LP(1) | 4.88 | 06/01/29 | 40,000 | 39,136 | ||||||||||
| XHR LP(1) | 6.63 | 05/15/30 | 25,000 | 25,549 | ||||||||||
| 887,266 | ||||||||||||||
| RETAIL – 5.2% | ||||||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.00 | 10/15/30 | 215,000 | 203,587 | ||||||||||
| 1011778 BC ULC/New Red Finance, Inc.(1) | 4.38 | 01/15/28 | 60,000 | 59,297 | ||||||||||
| Bath & Body Works, Inc. | 6.95 | 03/01/33 | 20,000 | 20,745 | ||||||||||
| BCPE Flavor Debt Merger Sub LLC & BCPE Flavor Issuer, Inc.(1) | 9.50 | 07/01/32 | 40,000 | 40,307 | ||||||||||
| Bloomin’ Brands, Inc./OSI Restaurant Partners LLC(1) | 5.13 | 04/15/29 | 25,000 | 22,137 | ||||||||||
| BlueLinx Holdings, Inc.(1) | 6.00 | 11/15/29 | 20,000 | 19,651 | ||||||||||
| Cougar JV Subsidiary LLC(1) | 8.00 | 05/15/32 | 50,000 | 53,355 | ||||||||||
| EG Global Finance PLC(1) | 12.00 | 11/30/28 | 80,000 | 87,709 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 5.2% (Continued) | ||||||||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 5.88 | 04/01/29 | $ | 60,000 | $ | 57,077 | ||||||||
| Ferrellgas LP/Ferrellgas Finance Corp.(1) | 9.25 | 01/15/31 | 50,000 | 50,495 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 4.63 | 01/15/29 | 70,000 | 67,019 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.38 | 01/15/29 | 45,000 | 43,358 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 8.75 | 01/15/32 | 40,000 | 38,000 | ||||||||||
| Global Auto Holdings Ltd./AAG FH UK Ltd.(1) | 11.50 | 08/15/29 | 40,000 | 41,055 | ||||||||||
| Kohl’s Corp. | 5.13 | 05/01/31 | 45,000 | 35,096 | ||||||||||
| Kohl’s Corp. | 5.55 | 07/17/45 | 30,000 | 19,620 | ||||||||||
| LBM Acquisition LLC(1) | 9.50 | 06/15/31 | 75,000 | 78,562 | ||||||||||
| LCM Investments Holdings II LLC(1) | 4.88 | 05/01/29 | 75,000 | 73,077 | ||||||||||
| LCM Investments Holdings II LLC(1) | 8.25 | 08/01/31 | 60,000 | 63,180 | ||||||||||
| Michaels Cos, Inc.(1) | 5.25 | 05/01/28 | 60,000 | 56,327 | ||||||||||
| Papa John’s International, Inc.(1) | 3.88 | 09/15/29 | 30,000 | 29,300 | ||||||||||
| Park River Holdings, Inc.(1) | 8.00 | 03/15/31 | 60,000 | 61,817 | ||||||||||
| Patrick Industries, Inc.(1) | 4.75 | 05/01/29 | 20,000 | 19,699 | ||||||||||
| Patrick Industries, Inc.(1) | 6.38 | 11/01/32 | 40,000 | 40,825 | ||||||||||
| PetSmart LLC/PetSmart Finance Corp.(1) | 7.50 | 09/15/32 | 150,000 | 149,993 | ||||||||||
| Raising Cane’s Restaurants LLC(1) | 9.38 | 05/01/29 | 40,000 | 41,875 | ||||||||||
| Specialty Building Products Holdings LLC/SBP Finance Corp.(1) | 7.75 | 10/15/29 | 40,000 | 40,287 | ||||||||||
| Staples, Inc.(1) | 10.75 | 09/01/29 | 190,000 | 185,075 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp.(1) | 5.00 | 06/01/31 | 50,000 | 47,452 | ||||||||||
| Suburban Propane Partners LP/Suburban Energy Finance Corp. | 5.88 | 03/01/27 | 20,000 | 20,007 | ||||||||||
| Victoria’s Secret & Co.(1) | 4.63 | 07/15/29 | 45,000 | 43,373 | ||||||||||
| Victra Holdings LLC/Victra Finance Corp.(1) | 8.75 | 09/15/29 | 30,000 | 31,868 | ||||||||||
| 1,841,225 | ||||||||||||||
| SEMICONDUCTORS – 0.2% | ||||||||||||||
| ams-OSRAM AG(1) | 12.25 | 03/30/29 | 55,000 | 59,459 | ||||||||||
| SOFTWARE – 4.7% | ||||||||||||||
| Capstone Borrower, Inc.(1) | 8.00 | 06/15/30 | 60,000 | 61,277 | ||||||||||
| Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc.(1) | 8.00 | 06/15/29 | 50,000 | 41,926 | ||||||||||
| Central Parent, Inc./CDK Global, Inc.(1) | 7.25 | 06/15/29 | 65,000 | 53,636 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.50 | 03/31/29 | 290,000 | 292,370 | ||||||||||
| Cloud Software Group, Inc.(1) | 6.63 | 08/15/33 | 75,000 | 75,241 | ||||||||||
| Cloud Software Group, Inc.(1) | 8.25 | 06/30/32 | 140,000 | 147,250 | ||||||||||
| Consensus Cloud Solutions, Inc.(1) | 6.50 | 10/15/28 | 25,000 | 24,981 | ||||||||||
| CoreLogic, Inc.(1) | 4.50 | 05/01/28 | 55,000 | 53,166 | ||||||||||
| CoreWeave, Inc.(1) | 9.00 | 02/01/31 | 135,000 | 135,564 | ||||||||||
| CoreWeave, Inc.(1) | 9.25 | 06/01/30 | 145,000 | 146,610 | ||||||||||
| Dye & Durham Ltd.(1) | 8.63 | 04/15/29 | 40,000 | 37,916 | ||||||||||
| Ellucian Holdings, Inc.(1) | 6.50 | 12/01/29 | 55,000 | 55,801 | ||||||||||
| Pagaya US Holdings Co. LLC(1) | 8.88 | 08/01/30 | 40,000 | 36,314 | ||||||||||
| Rocket Software, Inc.(1) | 9.00 | 11/28/28 | 60,000 | 61,877 | ||||||||||
| SS&C Technologies, Inc.(1) | 5.50 | 09/30/27 | 150,000 | 150,184 | ||||||||||
| SS&C Technologies, Inc.(1) | 6.50 | 06/01/32 | 60,000 | 62,278 | ||||||||||
| UKG, Inc.(1) | 6.88 | 02/01/31 | 190,000 | 195,724 | ||||||||||
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp.(1) | 3.88 | 02/01/29 | 50,000 | 47,213 | ||||||||||
| 1,679,328 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 7.1% | ||||||||||||||
| Africell Holding Ltd.(1) | 10.50 | 10/23/29 | $ | 20,000 | $ | 19,954 | ||||||||
| CommScope LLC(1) | 4.75 | 09/01/29 | 75,000 | 74,829 | ||||||||||
| CommScope LLC(1) | 9.50 | 12/15/31 | 75,000 | 76,492 | ||||||||||
| Connect FinCo. Sarl/Connect US FinCo. LLC(1) | 9.00 | 09/15/29 | 145,000 | 153,724 | ||||||||||
| Connect Holding II LLC(1) | 10.50 | 04/03/31 | 165,000 | 161,544 | ||||||||||
| EchoStar Corp. | 10.75 | 11/30/29 | 410,000 | 451,658 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.00 | 05/01/28 | 115,000 | 114,931 | ||||||||||
| Frontier Communications Holdings LLC(1) | 5.88 | 10/15/27 | 85,000 | 84,988 | ||||||||||
| Frontier Communications Holdings LLC | 5.88 | 11/01/29 | 60,000 | 60,906 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.00 | 01/15/30 | 70,000 | 71,043 | ||||||||||
| Frontier Communications Holdings LLC(1) | 6.75 | 05/01/29 | 75,000 | 75,822 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.63 | 03/15/31 | 55,000 | 58,211 | ||||||||||
| Frontier Communications Holdings LLC(1) | 8.75 | 05/15/30 | 95,000 | 99,570 | ||||||||||
| GCI LLC(1) | 4.75 | 10/15/28 | 45,000 | 43,953 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 25,000 | 20,938 | ||||||||||
| Iliad Holding SAS(1) | 7.00 | 10/15/28 | 65,000 | 66,011 | ||||||||||
| Iliad Holding SAS(1) | 7.00 | 04/15/32 | 60,000 | 61,477 | ||||||||||
| Iliad Holding SAS(1) | 8.50 | 04/15/31 | 75,000 | 80,568 | ||||||||||
| Level 3 Financing, Inc.(1) | 6.88 | 06/30/33 | 145,000 | 148,637 | ||||||||||
| Level 3 Financing, Inc.(1) | 7.00 | 03/31/34 | 185,000 | 190,218 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/29 | 25,000 | 24,796 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.13 | 04/15/30 | 20,000 | 19,837 | ||||||||||
| Lumen Technologies, Inc.(1) | 10.00 | 10/15/32 | 35,000 | 35,394 | ||||||||||
| Sunrise Hold Co. IV BV(1) | 5.50 | 01/15/28 | 14,000 | 13,948 | ||||||||||
| Viavi Solutions, Inc.(1) | 3.75 | 10/01/29 | 30,000 | 28,316 | ||||||||||
| Windstream Services LLC(1) | 7.50 | 10/15/33 | 105,000 | 104,982 | ||||||||||
| Windstream Services LLC/Windstream Escrow Finance Corp.(1) | 8.25 | 10/01/31 | 170,000 | 173,774 | ||||||||||
| 2,516,521 | ||||||||||||||
| TRANSPORTATION – 0.4% | ||||||||||||||
| Beacon Mobility Corp.(1) | 7.25 | 08/01/30 | 40,000 | 41,682 | ||||||||||
| Star Leasing Co. LLC(1) | 7.63 | 02/15/30 | 50,000 | 47,286 | ||||||||||
| Watco Cos LLC/Watco Finance Corp.(1) | 7.13 | 08/01/32 | 65,000 | 67,401 | ||||||||||
| 156,369 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $34,392,751) | 34,797,923 | |||||||||||||
| SHORT-TERM INVESTMENTS – 3.3% | ||||||||||||||
| TIME DEPOSITS – 3.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 1,168,855 | 1,168,855 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,168,855) | 1,168,855 | |||||||||||||
| TOTAL INVESTMENTS – 101.0% (Cost - $35,561,606) | $ | 35,966,778 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (1.0)% | (353,113 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 35,613,665 | ||||||||||||
|
(1)
|
Security was acquired and/or 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 October 31, 2025, amounts to $31,613,323 and represents 88.8% 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.
91
BONDBLOXX ETF TRUST
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Portfolio of Investments
October 31, 2025
| Shares | Value | |||||||
| COMMON STOCKS – 0.0% | ||||||||
| MEDIA – 0.0% | ||||||||
| Beasley Broadcast Group, Inc. Class A* | 119 | $ | 604 | |||||
| TOTAL COMMON STOCKS (Cost - $1,475) | 604 | |||||||
| Rate (%) | Maturity | Face Amount |
||||||||||||
| CORPORATE BONDS – 97.0% | ||||||||||||||
| ADVERTISING – 2.2% | ||||||||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.50 | 06/01/29 | $ | 2,310,000 | 2,269,062 | |||||||||
| Clear Channel Outdoor Holdings, Inc.(1) | 7.75 | 04/15/28 | 2,199,000 | 2,184,154 | ||||||||||
| CMG Media Corp.(1) | 8.88 | 06/18/29 | 1,265,000 | 1,112,212 | ||||||||||
| 5,565,428 | ||||||||||||||
| AEROSPACE/DEFENSE – 0.6% | ||||||||||||||
| Spirit AeroSystems, Inc. | 4.60 | 06/15/28 | 1,540,000 | 1,552,426 | ||||||||||
| AUTO MANUFACTURERS – 0.5% | ||||||||||||||
| PM General Purchaser LLC(1) | 9.50 | 10/01/28 | 1,430,000 | 1,243,940 | ||||||||||
| AUTO PARTS & EQUIPMENT – 0.8% | ||||||||||||||
| Dornoch Debt Merger Sub, Inc.(1) | 6.63 | 10/15/29 | 1,435,000 | 1,224,253 | ||||||||||
| Real Hero Merger Sub 2, Inc.(1) | 6.25 | 02/01/29 | 1,320,000 | 790,674 | ||||||||||
| 2,014,927 | ||||||||||||||
| BANKS – 0.3% | ||||||||||||||
| Armor Holdco, Inc.(1) | 8.50 | 11/15/29 | 769,000 | 770,943 | ||||||||||
| BIOTECHNOLOGY – 0.3% | ||||||||||||||
| Emergent BioSolutions, Inc.(1) | 3.88 | 08/15/28 | 946,000 | 838,086 | ||||||||||
| BUILDING MATERIALS – 1.6% | ||||||||||||||
| Cornerstone Building Brands, Inc.(1) | 6.13 | 01/15/29 | 680,000 | 517,591 | ||||||||||
| JELD-WEN, Inc.(1) | 4.88 | 12/15/27 | 890,000 | 866,290 | ||||||||||
| JELD-WEN, Inc.(1) | 7.00 | 09/01/32 | 745,000 | 615,391 | ||||||||||
| Oscar Acquisition Co. LLC/Oscar Finance, Inc.(1) | 9.50 | 04/15/30 | 1,285,000 | 936,937 | ||||||||||
| Wilsonart LLC(1) | 11.00 | 08/15/32 | 1,100,000 | 1,040,039 | ||||||||||
| 3,976,248 | ||||||||||||||
| CHEMICALS – 3.3% | ||||||||||||||
| Illuminate Buyer LLC/Illuminate Holdings IV, Inc.(1) | 9.00 | 07/01/28 | 1,010,000 | 1,013,543 | ||||||||||
| Innophos Holdings, Inc.(1) | 11.50 | 06/15/29 | 1,015,000 | 969,462 | ||||||||||
| Mativ Holdings, Inc.(1) | 8.00 | 10/01/29 | 877,000 | 850,942 | ||||||||||
| Olympus Water US Holding Corp.(1) | 6.25 | 10/01/29 | 880,000 | 858,579 | ||||||||||
| SCIH Salt Holdings, Inc.(1) | 6.63 | 05/01/29 | 1,540,000 | 1,527,736 | ||||||||||
| Vibrantz Technologies, Inc.(1) | 9.00 | 02/15/30 | 1,610,000 | 861,733 | ||||||||||
| WR Grace Holdings LLC(1) | 5.63 | 08/15/29 | 2,525,000 | 2,312,899 | ||||||||||
| 8,394,894 | ||||||||||||||
| COAL – 0.3% | ||||||||||||||
| Coronado Finance Pty Ltd.(1) | 9.25 | 10/01/29 | 880,000 | 811,775 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 5.2% | ||||||||||||||
| Allied Universal Holdco LLC/Allied Universal Finance Corp.(1) | 6.00 | 06/01/29 | $ | 2,110,000 | $ | 2,064,586 | ||||||||
| Champions Financing, Inc.(1) | 8.75 | 02/15/29 | 1,320,000 | 1,280,918 | ||||||||||
| Deluxe Corp.(1) | 8.00 | 06/01/29 | 1,045,000 | 1,036,392 | ||||||||||
| Garda World Security Corp.(1) | 6.00 | 06/01/29 | 1,100,000 | 1,074,004 | ||||||||||
| Garda World Security Corp.(1) | 8.25 | 08/01/32 | 1,210,000 | 1,232,655 | ||||||||||
| Garda World Security Corp.(1) | 8.38 | 11/15/32 | 2,200,000 | 2,241,017 | ||||||||||
| Hertz Corp.(1) | 4.63 | 12/01/26 | 1,100,000 | 1,068,925 | ||||||||||
| Hertz Corp.(1) | 5.00 | 12/01/29 | 2,196,000 | 1,494,036 | ||||||||||
| Mavis Tire Express Services Topco Corp.(1) | 6.50 | 05/15/29 | 1,585,000 | 1,569,306 | ||||||||||
| Signal Parent, Inc.(1) | 6.13 | 04/01/29 | 617,000 | 222,120 | ||||||||||
| 13,283,959 | ||||||||||||||
| COMPUTERS – 2.3% | ||||||||||||||
| Ahead DB Holdings LLC(1) | 6.63 | 05/01/28 | 880,000 | 890,753 | ||||||||||
| McAfee Corp.(1) | 7.38 | 02/15/30 | 4,445,000 | 4,075,089 | ||||||||||
| Virtusa Corp.(1) | 7.13 | 12/15/28 | 770,000 | 739,570 | ||||||||||
| 5,705,412 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.4% | ||||||||||||||
| Dealer Tire LLC/DT Issuer LLC(1) | 8.00 | 02/01/28 | 1,098,000 | 1,068,577 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 3.0% | ||||||||||||||
| Aretec Group, Inc.(1) | 7.50 | 04/01/29 | 880,000 | 887,852 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 6.38 | 11/01/29 | 895,000 | 754,982 | ||||||||||
| Cobra Acquisition Co. LLC(1) | 12.25 | 11/01/29 | 535,000 | 537,006 | ||||||||||
| Hightower Holding LLC(1) | 6.75 | 04/15/29 | 640,000 | 644,194 | ||||||||||
| Hightower Holding LLC(1) | 9.13 | 01/31/30 | 900,000 | 969,166 | ||||||||||
| LD Holdings Group LLC(1) | 6.13 | 04/01/28 | 1,125,000 | 1,050,181 | ||||||||||
| LD Holdings Group LLC(1) | 8.75 | 11/01/27 | 727,000 | 717,788 | ||||||||||
| Osaic Holdings, Inc.(1) | 8.00 | 08/01/33 | 880,000 | 903,735 | ||||||||||
| PHH Escrow Issuer LLC/PHH Corp.(1) | 9.88 | 11/01/29 | 1,101,000 | 1,106,354 | ||||||||||
| 7,571,258 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 1.9% | ||||||||||||||
| Artera Services LLC(1) | 8.50 | 02/15/31 | 1,322,000 | 1,145,181 | ||||||||||
| Brand Industrial Services, Inc.(1) | 10.38 | 08/01/30 | 3,155,000 | 3,039,605 | ||||||||||
| Great Lakes Dredge & Dock Corp.(1) | 5.25 | 06/01/29 | 695,000 | 673,339 | ||||||||||
| 4,858,125 | ||||||||||||||
| ENTERTAINMENT – 1.8% | ||||||||||||||
| Affinity Interactive(1) | 6.88 | 12/15/27 | 1,215,000 | 610,592 | ||||||||||
| Allen Media LLC/Allen Media Co.-Issuer, Inc.(1) | 10.50 | 02/15/28 | 1,113,000 | 495,285 | ||||||||||
| AMC Entertainment Holdings, Inc.(1) | 7.50 | 02/15/29 | 790,000 | 672,386 | ||||||||||
| Motion Bondco DAC(1) | 6.63 | 11/15/27 | 900,000 | 871,670 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.63 | 09/01/29 | 1,840,000 | 1,115,500 | ||||||||||
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp.(1) | 5.88 | 09/01/31 | 1,415,000 | 787,094 | ||||||||||
| 4,552,527 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENVIRONMENTAL CONTROL – 0.9% | ||||||||||||||
| Madison IAQ LLC(1) | 5.88 | 06/30/29 | $ | 2,275,000 | $ | 2,231,266 | ||||||||
| FOOD – 2.5% | ||||||||||||||
| B&G Foods, Inc. | 5.25 | 09/15/27 | 1,120,000 | 1,078,251 | ||||||||||
| C&S Group Enterprises LLC(1) | 5.00 | 12/15/28 | 880,000 | 803,626 | ||||||||||
| Chobani LLC/Chobani Finance Corp., Inc.(1) | 7.63 | 07/01/29 | 1,100,000 | 1,145,380 | ||||||||||
| Fiesta Purchaser, Inc.(1) | 9.63 | 09/15/32 | 990,000 | 1,067,783 | ||||||||||
| TreeHouse Foods, Inc. | 4.00 | 09/01/28 | 1,100,000 | 1,076,591 | ||||||||||
| United Natural Foods, Inc.(1) | 6.75 | 10/15/28 | 1,101,000 | 1,102,469 | ||||||||||
| 6,274,100 | ||||||||||||||
| FOOD SERVICE – 0.6% | ||||||||||||||
| TKC Holdings, Inc.(1) | 10.50 | 05/15/29 | 1,485,000 | 1,529,157 | ||||||||||
| HEALTHCARE-SERVICES – 4.4% | ||||||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.13 | 04/01/30 | 2,700,000 | 2,271,326 | ||||||||||
| CHS/Community Health Systems, Inc.(1) | 6.88 | 04/15/29 | 2,735,000 | 2,482,313 | ||||||||||
| LifePoint Health, Inc.(1) | 5.38 | 01/15/29 | 1,100,000 | 1,067,537 | ||||||||||
| LifePoint Health, Inc.(1) | 10.00 | 06/01/32 | 1,760,000 | 1,874,203 | ||||||||||
| MPH Acquisition Holdings LLC(1) | 5.75 | 12/31/30 | 1,680,000 | 1,527,120 | ||||||||||
| Surgery Center Holdings, Inc.(1) | 7.25 | 04/15/32 | 1,760,000 | 1,813,085 | ||||||||||
| 11,035,584 | ||||||||||||||
| HOME FURNISHINGS – 0.9% | ||||||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 1,714,000 | 1,507,857 | ||||||||||
| FXI Holdings, Inc.(1) | 12.25 | 11/15/26 | 911,000 | 788,147 | ||||||||||
| 2,296,004 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.4% | ||||||||||||||
| Kronos Acquisition Holdings, Inc.(1) | 8.25 | 06/30/31 | 1,210,000 | 903,608 | ||||||||||
| INSURANCE – 7.4% | ||||||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 6.00 | 08/01/29 | 1,100,000 | 1,089,971 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.25 | 02/01/29 | 2,032,000 | 2,118,382 | ||||||||||
| Acrisure LLC/Acrisure Finance, Inc.(1) | 8.50 | 06/15/29 | 1,102,000 | 1,157,705 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 5.88 | 11/01/29 | 890,000 | 888,241 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 6.75 | 10/15/27 | 2,665,000 | 2,676,934 | ||||||||||
| Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Inc.(1) | 7.38 | 10/01/32 | 1,400,000 | 1,446,271 | ||||||||||
| Amynta Agency Borrower, Inc. & Amynta Warranty Borrower, Inc.(1) | 7.50 | 07/15/33 | 770,000 | 794,002 | ||||||||||
| Ardonagh Group Finance Ltd.(1) | 8.88 | 02/15/32 | 3,365,000 | 3,514,571 | ||||||||||
| Broadstreet Partners Group LLC(1) | 5.88 | 04/15/29 | 1,595,000 | 1,590,557 | ||||||||||
| Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US Refinance LLC(1) | 8.13 | 02/15/32 | 1,100,000 | 1,136,435 | ||||||||||
| Jones Deslauriers Insurance Management, Inc.(1) | 6.88 | 10/01/33 | 880,000 | 872,564 | ||||||||||
| USI, Inc./NY(1) | 7.50 | 01/15/32 | 1,365,000 | 1,414,973 | ||||||||||
| 18,700,606 | ||||||||||||||
| INTERNET – 1.2% | ||||||||||||||
| Arches Buyer, Inc.(1) | 6.13 | 12/01/28 | 1,100,000 | 1,073,827 | ||||||||||
| Cablevision Lightpath LLC(1) | 5.63 | 09/15/28 | 910,000 | 901,487 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 6.00 | 02/15/29 | 750,000 | 446,250 | ||||||||||
| Newfold Digital Holdings Group, Inc.(1) | 11.75 | 10/15/28 | 1,130,000 | 747,212 | ||||||||||
| 3,168,776 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| IRON/STEEL – 0.6% | ||||||||||||||
| Infrabuild Australia Pty Ltd.(1) | 14.50 | 11/15/28 | $ | 1,534,000 | $ | 1,645,031 | ||||||||
| LEISURE TIME – 0.3% | ||||||||||||||
| MajorDrive Holdings IV LLC(1) | 6.38 | 06/01/29 | 1,125,000 | 884,419 | ||||||||||
| LODGING – 0.3% | ||||||||||||||
| Full House Resorts, Inc.(1) | 8.25 | 02/15/28 | 900,000 | 799,767 | ||||||||||
| MACHINERY-DIVERSIFIED – 1.6% | ||||||||||||||
| GrafTech Finance, Inc.(1) | 4.63 | 12/23/29 | 1,095,000 | 813,037 | ||||||||||
| GrafTech Global Enterprises, Inc.(1) | 9.88 | 12/23/29 | 980,000 | 869,750 | ||||||||||
| Maxim Crane Works Holdings Capital LLC(1) | 11.50 | 09/01/28 | 1,100,000 | 1,164,647 | ||||||||||
| SPX FLOW, Inc.(1) | 8.75 | 04/01/30 | 1,102,000 | 1,131,364 | ||||||||||
| 3,978,798 | ||||||||||||||
| MEDIA – 11.2% | ||||||||||||||
| AMC Networks, Inc. | 4.25 | 02/15/29 | 588,000 | 506,287 | ||||||||||
| CSC Holdings LLC(1) | 3.38 | 02/15/31 | 600,000 | 363,766 | ||||||||||
| CSC Holdings LLC(1) | 4.13 | 12/01/30 | 680,000 | 419,088 | ||||||||||
| CSC Holdings LLC(1) | 4.50 | 11/15/31 | 919,000 | 564,025 | ||||||||||
| CSC Holdings LLC(1) | 5.38 | 02/01/28 | 670,000 | 556,256 | ||||||||||
| CSC Holdings LLC(1) | 5.50 | 04/15/27 | 740,000 | 687,349 | ||||||||||
| CSC Holdings LLC(1) | 6.50 | 02/01/29 | 1,070,000 | 737,082 | ||||||||||
| CSC Holdings LLC(1) | 11.25 | 05/15/28 | 605,000 | 531,410 | ||||||||||
| CSC Holdings LLC(1) | 11.75 | 01/31/29 | 1,243,700 | 983,251 | ||||||||||
| Cumulus Media New Holdings, Inc.(1) | 8.00 | 07/01/29 | 571,000 | 165,590 | ||||||||||
| DISH DBS Corp. | 5.13 | 06/01/29 | 1,020,000 | 881,720 | ||||||||||
| DISH DBS Corp.(1) | 5.25 | 12/01/26 | 1,875,000 | 1,846,067 | ||||||||||
| DISH DBS Corp.(1) | 5.75 | 12/01/28 | 1,705,000 | 1,639,754 | ||||||||||
| DISH DBS Corp. | 7.38 | 07/01/28 | 681,000 | 636,994 | ||||||||||
| EW Scripps Co.(1) | 9.88 | 08/15/30 | 1,685,000 | 1,599,624 | ||||||||||
| Gray Media, Inc.(1) | 4.75 | 10/15/30 | 1,680,000 | 1,196,634 | ||||||||||
| Gray Media, Inc.(1) | 5.38 | 11/15/31 | 2,590,000 | 1,801,039 | ||||||||||
| Gray Media, Inc.(1) | 9.63 | 07/15/32 | 1,910,000 | 1,921,673 | ||||||||||
| iHeartCommunications, Inc.(1) | 4.75 | 01/15/28 | 610,000 | 554,245 | ||||||||||
| iHeartCommunications, Inc.(1) | 7.75 | 08/15/30 | 1,454,100 | 1,220,656 | ||||||||||
| iHeartCommunications, Inc.(1) | 9.13 | 05/01/29 | 1,574,750 | 1,450,817 | ||||||||||
| iHeartCommunications, Inc.(1) | 10.88 | 05/01/30 | 1,483,000 | 1,070,862 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 5.13 | 07/15/29 | 1,800,000 | 1,091,169 | ||||||||||
| LCPR Senior Secured Financing DAC(1) | 6.75 | 10/15/27 | 2,550,000 | 1,597,562 | ||||||||||
| McGraw-Hill Education, Inc.(1) | 8.00 | 08/01/29 | 1,405,000 | 1,417,347 | ||||||||||
| Scripps Escrow II, Inc.(1) | 5.38 | 01/15/31 | 825,000 | 571,652 | ||||||||||
| Sinclair Television Group, Inc.(1) | 5.50 | 03/01/30 | 1,070,000 | 912,844 | ||||||||||
| Sinclair Television Group, Inc.(1) | 9.75 | 02/15/33 | 950,000 | 1,047,375 | ||||||||||
| Urban One, Inc.(1) | 7.38 | 02/01/28 | 1,075,000 | 549,325 | ||||||||||
| 28,521,463 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.7% | ||||||||||||||
| Xerox Corp. | 4.80 | 03/01/35 | $ | 535,000 | $ | 161,463 | ||||||||
| Xerox Corp. | 6.75 | 12/15/39 | 785,000 | 291,690 | ||||||||||
| Xerox Holdings Corp.(1) | 5.50 | 08/15/28 | 1,650,000 | 787,875 | ||||||||||
| Xerox Holdings Corp.(1) | 8.88 | 11/30/29 | 1,100,000 | 484,000 | ||||||||||
| 1,725,028 | ||||||||||||||
| OIL & GAS – 3.3% | ||||||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 8.13 | 01/15/27 | 695,000 | 694,064 | ||||||||||
| Calumet Specialty Products Partners LP/Calumet Finance Corp.(1) | 9.75 | 07/15/28 | 736,000 | 724,971 | ||||||||||
| Nabors Industries Ltd.(1) | 7.50 | 01/15/28 | 835,000 | 839,430 | ||||||||||
| Nabors Industries, Inc.(1) | 8.88 | 08/15/31 | 1,208,000 | 1,149,085 | ||||||||||
| Transocean International Ltd. | 6.80 | 03/15/38 | 1,105,000 | 969,752 | ||||||||||
| Transocean International Ltd. | 7.50 | 04/15/31 | 715,000 | 684,165 | ||||||||||
| Transocean International Ltd.(1) | 8.25 | 05/15/29 | 1,625,000 | 1,635,886 | ||||||||||
| Transocean International Ltd.(1) | 8.50 | 05/15/31 | 1,627,000 | 1,616,659 | ||||||||||
| 8,314,012 | ||||||||||||||
| OIL & GAS SERVICES – 0.1% | ||||||||||||||
| Nine Energy Service, Inc. | 13.00 | 02/01/28 | 641,000 | 300,728 | ||||||||||
| PACKAGING & CONTAINERS – 5.5% | ||||||||||||||
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC(1) | 4.00 | 09/01/29 | 2,310,000 | 2,155,507 | ||||||||||
| Graham Packaging Co., Inc.(1) | 7.13 | 08/15/28 | 1,122,000 | 1,117,636 | ||||||||||
| Iris Holding, Inc.(1) | 10.00 | 12/15/28 | 880,000 | 761,285 | ||||||||||
| LABL, Inc.(1) | 5.88 | 11/01/28 | 1,125,000 | 804,090 | ||||||||||
| LABL, Inc.(1) | 8.25 | 11/01/29 | 980,000 | 477,138 | ||||||||||
| LABL, Inc.(1) | 8.63 | 10/01/31 | 2,105,000 | 1,354,939 | ||||||||||
| LABL, Inc.(1) | 9.50 | 11/01/28 | 640,000 | 477,977 | ||||||||||
| LABL, Inc.(1) | 10.50 | 07/15/27 | 1,520,000 | 994,218 | ||||||||||
| Mauser Packaging Solutions Holding Co.(1) | 9.25 | 04/15/27 | 2,955,000 | 2,920,427 | ||||||||||
| Trident TPI Holdings, Inc.(1) | 12.75 | 12/31/28 | 1,365,000 | 1,458,684 | ||||||||||
| Trivium Packaging Finance BV(1) | 12.25 | 01/15/31 | 1,320,000 | 1,378,512 | ||||||||||
| 13,900,413 | ||||||||||||||
| PHARMACEUTICALS – 2.0% | ||||||||||||||
| Bausch Health Americas, Inc.(1) | 8.50 | 01/31/27 | 478,000 | 476,358 | ||||||||||
| Bausch Health Cos, Inc.(1) | 4.88 | 06/01/28 | 1,155,000 | 1,051,934 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 01/30/28 | 285,000 | 249,821 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.00 | 02/15/29 | 335,000 | 261,091 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 01/30/30 | 580,000 | 418,325 | ||||||||||
| Bausch Health Cos, Inc.(1) | 5.25 | 02/15/31 | 345,000 | 232,875 | ||||||||||
| Bausch Health Cos, Inc.(1) | 6.25 | 02/15/29 | 610,000 | 500,962 | ||||||||||
| Bausch Health Cos, Inc.(1) | 7.25 | 05/30/29 | 250,000 | 204,667 | ||||||||||
| Bausch Health Cos, Inc.(1) | 11.00 | 09/30/28 | 1,265,000 | 1,327,137 | ||||||||||
| Bausch Health Cos, Inc.(1) | 14.00 | 10/15/30 | 250,000 | 253,804 | ||||||||||
| 4,976,974 | ||||||||||||||
| PIPELINES – 1.0% | ||||||||||||||
| NFE Financing LLC(1) | 12.00 | 11/15/29 | 5,955,000 | 1,457,151 | ||||||||||
| TransMontaigne Partners LLC(1) | 8.50 | 06/15/30 | 1,100,000 | 1,152,453 | ||||||||||
| 2,609,604 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE – 0.8% | ||||||||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.25 | 04/15/30 | $ | 990,000 | $ | 912,221 | ||||||||
| Anywhere Real Estate Group LLC/Realogy Co.-Issuer Corp.(1) | 5.75 | 01/15/29 | 1,230,000 | 1,185,021 | ||||||||||
| 2,097,242 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 5.9% | ||||||||||||||
| Diversified Healthcare Trust | 4.75 | 02/15/28 | 1,100,000 | 1,050,430 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 3.50 | 03/15/31 | 2,165,000 | 1,530,981 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 4.63 | 08/01/29 | 1,500,000 | 1,228,150 | ||||||||||
| MPT Operating Partnership LP/MPT Finance Corp. | 5.00 | 10/15/27 | 2,330,000 | 2,243,614 | ||||||||||
| Office Properties Income Trust(1),(2) | 9.00 | 03/31/29 | 641,000 | 653,761 | ||||||||||
| Service Properties Trust | 3.95 | 01/15/28 | 880,000 | 819,547 | ||||||||||
| Service Properties Trust | 4.38 | 02/15/30 | 880,000 | 741,590 | ||||||||||
| Service Properties Trust | 4.95 | 02/15/27 | 880,000 | 878,384 | ||||||||||
| Service Properties Trust | 4.95 | 10/01/29 | 935,000 | 808,975 | ||||||||||
| Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC(1) | 6.00 | 01/15/30 | 1,540,000 | 1,382,340 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 6.50 | 02/15/29 | 2,440,000 | 2,285,989 | ||||||||||
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC(1) | 8.63 | 06/15/32 | 1,320,000 | 1,237,425 | ||||||||||
| 14,861,186 | ||||||||||||||
| RETAIL – 6.0% | ||||||||||||||
| Arko Corp.(1) | 5.13 | 11/15/29 | 990,000 | 827,883 | ||||||||||
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.(1) | 6.75 | 01/15/30 | 2,750,000 | 2,551,279 | ||||||||||
| GPS Hospitality Holding Co. LLC/GPS FinCo., Inc.(1) | 7.00 | 08/15/28 | 730,000 | 406,664 | ||||||||||
| LBM Acquisition LLC(1) | 6.25 | 01/15/29 | 1,595,000 | 1,456,522 | ||||||||||
| Michaels Cos, Inc.(1) | 7.88 | 05/01/29 | 2,125,000 | 1,875,313 | ||||||||||
| Park River Holdings, Inc.(1) | 8.75 | 12/31/30 | 1,184,459 | 1,184,104 | ||||||||||
| PetSmart LLC/PetSmart Finance Corp.(1) | 10.00 | 09/15/33 | 1,650,000 | 1,661,106 | ||||||||||
| QVC, Inc. | 5.45 | 08/15/34 | 850,000 | 384,957 | ||||||||||
| QVC, Inc. | 5.95 | 03/15/43 | 640,000 | 293,812 | ||||||||||
| QVC, Inc.(1) | 6.88 | 04/15/29 | 1,357,000 | 631,005 | ||||||||||
| SGUS LLC(1) | 11.00 | 12/15/29 | 1,675,000 | 1,453,079 | ||||||||||
| Staples, Inc.(1) | 12.75 | 01/15/30 | 1,815,847 | 1,407,281 | ||||||||||
| White Capital Buyer LLC(1) | 6.88 | 10/15/28 | 1,144,000 | 1,144,726 | ||||||||||
| 15,277,731 | ||||||||||||||
| SOFTWARE – 4.6% | ||||||||||||||
| AthenaHealth Group, Inc.(1) | 6.50 | 02/15/30 | 5,050,000 | 4,948,385 | ||||||||||
| Cloud Software Group, Inc.(1) | 9.00 | 09/30/29 | 4,810,000 | 4,979,288 | ||||||||||
| Rackspace Finance LLC(1) | 3.50 | 05/15/28 | 679,000 | 268,205 | ||||||||||
| Rocket Software, Inc.(1) | 6.50 | 02/15/29 | 1,265,000 | 1,230,375 | ||||||||||
| West Technology Group LLC(1) | 8.50 | 04/10/27 | 909,000 | 113,625 | ||||||||||
| 11,539,878 | ||||||||||||||
| TELECOMMUNICATIONS – 9.7% | ||||||||||||||
| Altice Financing SA(1) | 5.00 | 01/15/28 | 2,185,000 | 1,630,700 | ||||||||||
| Altice Financing SA(1) | 5.75 | 08/15/29 | 3,730,000 | 2,718,275 | ||||||||||
| Altice Financing SA(1) | 9.63 | 07/15/27 | 683,000 | 584,073 | ||||||||||
| Altice France Lux 3/Altice Holdings 1(1) | 10.00 | 01/15/33 | 705,000 | 663,627 | ||||||||||
| Altice France SA(1) | 6.50 | 10/15/31 | 270,000 | 257,741 | ||||||||||
| Altice France SA(1) | 6.50 | 03/15/32 | 1,425,000 | 1,365,674 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 9.7% (Continued) | ||||||||||||||
| Altice France SA(1) | 6.88 | 10/15/30 | $ | 625,000 | $ | 611,808 | ||||||||
| Altice France SA(1) | 6.88 | 07/15/32 | 1,140,000 | 1,095,476 | ||||||||||
| Altice France SA(1) | 9.50 | 11/01/29 | 995,000 | 1,014,726 | ||||||||||
| CommScope LLC(1) | 7.13 | 07/01/28 | 1,405,000 | 1,412,376 | ||||||||||
| CommScope LLC(1) | 8.25 | 03/01/27 | 1,895,000 | 1,908,737 | ||||||||||
| CommScope Technologies LLC(1) | 5.00 | 03/15/27 | 1,645,000 | 1,640,002 | ||||||||||
| GoTo Group, Inc.(1) | 5.50 | 05/01/28 | 886,349 | 312,438 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.63 | 01/15/29 | 585,000 | 528,694 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.75 | 07/15/29 | 705,000 | 625,687 | ||||||||||
| Level 3 Financing, Inc.(1) | 3.88 | 10/15/30 | 860,000 | 774,806 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.00 | 04/15/31 | 850,000 | 762,875 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.50 | 04/01/30 | 1,318,000 | 1,224,092 | ||||||||||
| Level 3 Financing, Inc.(1) | 4.88 | 06/15/29 | 1,115,000 | 1,071,794 | ||||||||||
| Lumen Technologies, Inc.(1) | 4.50 | 01/15/29 | 640,000 | 592,627 | ||||||||||
| Lumen Technologies, Inc. | 7.60 | 09/15/39 | 785,000 | 779,112 | ||||||||||
| Lumen Technologies, Inc. | 7.65 | 03/15/42 | 610,000 | 605,657 | ||||||||||
| Viasat, Inc.(1) | 6.50 | 07/15/28 | 880,000 | 854,912 | ||||||||||
| Viasat, Inc.(1) | 7.50 | 05/30/31 | 1,610,000 | 1,512,740 | ||||||||||
| 24,548,649 | ||||||||||||||
| TRANSPORTATION – 0.6% | ||||||||||||||
| Brightline East LLC(1) | 11.00 | 01/31/30 | 2,460,000 | 961,971 | ||||||||||
| Carriage Purchaser, Inc.(1) | 7.88 | 10/15/29 | 640,000 | 599,450 | ||||||||||
| 1,561,421 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $249,208,744) | 245,889,970 | |||||||||||||
| SHORT-TERM INVESTMENTS – 2.7% | ||||||||||||||
| TIME DEPOSITS – 2.7% | ||||||||||||||
| DNB Bank ASA, Oslo | 3.21 | 11/03/25 | 6,882,355 | 6,882,355 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $6,882,355) | 6,882,355 | |||||||||||||
| TOTAL INVESTMENTS – 99.7% (Cost - $256,092,574) | $ | 252,772,929 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.3% | 746,528 | |||||||||||||
| NET ASSETS – 100.0% | $ | 253,519,457 | ||||||||||||
| * | Non-income producing security. |
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $226,384,694 and represents 89.3% 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. |
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.4% | ||||||||||||||
| ADVERTISING – 0.2% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 4.65 | 10/01/28 | $ | 80,000 | $ | 79,665 | ||||||||
| Interpublic Group of Cos, Inc. | 4.75 | 03/30/30 | 80,000 | 80,392 | ||||||||||
| Omnicom Group, Inc. | 2.45 | 04/30/30 | 105,000 | 96,821 | ||||||||||
| Omnicom Group, Inc. | 4.20 | 06/01/30 | 105,000 | 104,223 | ||||||||||
| 361,101 | ||||||||||||||
| AEROSPACE/DEFENSE – 2.9% | ||||||||||||||
| Boeing Co. | 2.70 | 02/01/27 | 165,000 | 161,961 | ||||||||||
| Boeing Co. | 2.95 | 02/01/30 | 115,000 | 108,605 | ||||||||||
| Boeing Co. | 3.20 | 03/01/29 | 155,000 | 149,749 | ||||||||||
| Boeing Co. | 3.25 | 02/01/28 | 190,000 | 186,130 | ||||||||||
| Boeing Co. | 5.04 | 05/01/27 | 325,000 | 328,203 | ||||||||||
| Boeing Co. | 5.15 | 05/01/30 | 755,000 | 776,154 | ||||||||||
| Boeing Co. | 6.26 | 05/01/27 | 170,000 | 174,697 | ||||||||||
| Boeing Co. | 6.30 | 05/01/29 | 240,000 | 254,810 | ||||||||||
| HEICO Corp. | 5.25 | 08/01/28 | 90,000 | 92,713 | ||||||||||
| Howmet Aerospace, Inc. | 3.00 | 01/15/29 | 120,000 | 116,000 | ||||||||||
| Howmet Aerospace, Inc. | 5.90 | 02/01/27 | 95,000 | 97,030 | ||||||||||
| L3Harris Technologies, Inc. | 3.85 | 12/15/26 | 85,000 | 84,821 | ||||||||||
| L3Harris Technologies, Inc. | 4.40 | 06/15/28 | 150,000 | 150,868 | ||||||||||
| L3Harris Technologies, Inc. | 4.40 | 06/15/28 | 125,000 | 125,711 | ||||||||||
| L3Harris Technologies, Inc. | 5.05 | 06/01/29 | 135,000 | 138,771 | ||||||||||
| L3Harris Technologies, Inc. | 5.40 | 01/15/27 | 205,000 | 208,041 | ||||||||||
| Northrop Grumman Corp. | 3.20 | 02/01/27 | 120,000 | 118,844 | ||||||||||
| Northrop Grumman Corp. | 3.25 | 01/15/28 | 320,000 | 314,988 | ||||||||||
| Northrop Grumman Corp. | 4.40 | 05/01/30 | 135,000 | 136,253 | ||||||||||
| Northrop Grumman Corp. | 4.60 | 02/01/29 | 80,000 | 81,322 | ||||||||||
| Northrop Grumman Corp. | 4.65 | 07/15/30 | 80,000 | 81,478 | ||||||||||
| RTX Corp. | 2.25 | 07/01/30 | 175,000 | 160,790 | ||||||||||
| RTX Corp. | 2.65 | 11/01/26 | 115,000 | 113,557 | ||||||||||
| RTX Corp. | 3.13 | 05/04/27 | 185,000 | 182,502 | ||||||||||
| RTX Corp. | 3.50 | 03/15/27 | 195,000 | 193,630 | ||||||||||
| RTX Corp. | 4.13 | 11/16/28 | 480,000 | 480,604 | ||||||||||
| RTX Corp. | 5.75 | 11/08/26 | 195,000 | 198,185 | ||||||||||
| RTX Corp. | 5.75 | 01/15/29 | 85,000 | 89,235 | ||||||||||
| 5,305,652 | ||||||||||||||
| AGRICULTURE – 1.4% | ||||||||||||||
| Altria Group, Inc. | 3.40 | 05/06/30 | 130,000 | 124,815 | ||||||||||
| Altria Group, Inc. | 4.50 | 08/06/30 | 80,000 | 80,322 | ||||||||||
| Altria Group, Inc. | 4.80 | 02/14/29 | 315,000 | 319,825 | ||||||||||
| Altria Group, Inc. | 4.88 | 02/04/28 | 75,000 | 76,235 | ||||||||||
| Altria Group, Inc. | 6.20 | 11/01/28 | 75,000 | 79,099 | ||||||||||
| BAT Capital Corp. | 2.26 | 03/25/28 | 285,000 | 272,630 | ||||||||||
| BAT Capital Corp. | 3.46 | 09/06/29 | 90,000 | 87,400 | ||||||||||
| BAT Capital Corp. | 3.56 | 08/15/27 | 385,000 | 381,170 | ||||||||||
| BAT Capital Corp. | 4.70 | 04/02/27 | 140,000 | 140,822 | ||||||||||
| BAT Capital Corp. | 4.91 | 04/02/30 | 165,000 | 168,267 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AGRICULTURE – 1.4% (Continued) | ||||||||||||||
| BAT Capital Corp. | 6.34 | 08/02/30 | $ | 160,000 | $ | 172,477 | ||||||||
| BAT International Finance PLC | 4.45 | 03/16/28 | 175,000 | 176,015 | ||||||||||
| BAT International Finance PLC | 5.93 | 02/02/29 | 160,000 | 168,010 | ||||||||||
| Bunge Ltd. Finance Corp. | 3.75 | 09/25/27 | 100,000 | 99,543 | ||||||||||
| Bunge Ltd. Finance Corp. | 4.20 | 09/17/29 | 135,000 | 134,882 | ||||||||||
| Bunge Ltd. Finance Corp. | 4.55 | 08/04/30 | 105,000 | 105,878 | ||||||||||
| 2,587,390 | ||||||||||||||
| AIRLINES – 0.4% | ||||||||||||||
| Delta Air Lines, Inc. | 4.95 | 07/10/28 | 170,000 | 172,424 | ||||||||||
| Delta Air Lines, Inc. | 5.25 | 07/10/30 | 160,000 | 163,541 | ||||||||||
| Southwest Airlines Co. | 2.63 | 02/10/30 | 90,000 | 82,964 | ||||||||||
| Southwest Airlines Co. | 4.38 | 11/15/28 | 125,000 | 124,699 | ||||||||||
| Southwest Airlines Co. | 5.13 | 06/15/27 | 273,000 | 275,885 | ||||||||||
| 819,513 | ||||||||||||||
| APPAREL – 0.1% | ||||||||||||||
| PVH Corp. | 5.50 | 06/13/30 | 80,000 | 81,484 | ||||||||||
| Tapestry, Inc. | 5.10 | 03/11/30 | 125,000 | 128,089 | ||||||||||
| 209,573 | ||||||||||||||
| AUTO MANUFACTURERS – 4.8% | ||||||||||||||
| Ford Motor Co. | 4.35 | 12/08/26 | 245,000 | 244,153 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/16/28 | 120,000 | 114,762 | ||||||||||
| Ford Motor Credit Co. LLC | 2.90 | 02/10/29 | 125,000 | 116,535 | ||||||||||
| Ford Motor Credit Co. LLC | 3.82 | 11/02/27 | 105,000 | 102,976 | ||||||||||
| Ford Motor Credit Co. LLC | 4.13 | 08/17/27 | 225,000 | 222,243 | ||||||||||
| Ford Motor Credit Co. LLC | 4.27 | 01/09/27 | 135,000 | 134,219 | ||||||||||
| Ford Motor Credit Co. LLC | 4.95 | 05/28/27 | 230,000 | 230,275 | ||||||||||
| Ford Motor Credit Co. LLC | 5.11 | 05/03/29 | 245,000 | 244,065 | ||||||||||
| Ford Motor Credit Co. LLC | 5.13 | 11/05/26 | 195,000 | 195,745 | ||||||||||
| Ford Motor Credit Co. LLC | 5.30 | 09/06/29 | 140,000 | 140,294 | ||||||||||
| Ford Motor Credit Co. LLC | 5.73 | 09/05/30 | 210,000 | 213,065 | ||||||||||
| Ford Motor Credit Co. LLC | 5.80 | 03/05/27 | 260,000 | 262,952 | ||||||||||
| Ford Motor Credit Co. LLC | 5.80 | 03/08/29 | 250,000 | 254,396 | ||||||||||
| Ford Motor Credit Co. LLC | 5.85 | 05/17/27 | 255,000 | 258,643 | ||||||||||
| Ford Motor Credit Co. LLC | 5.88 | 11/07/29 | 210,000 | 214,329 | ||||||||||
| Ford Motor Credit Co. LLC | 5.92 | 03/20/28 | 170,000 | 173,710 | ||||||||||
| Ford Motor Credit Co. LLC | 6.80 | 05/12/28 | 235,000 | 244,369 | ||||||||||
| Ford Motor Credit Co. LLC | 6.80 | 11/07/28 | 250,000 | 261,319 | ||||||||||
| Ford Motor Credit Co. LLC | 7.20 | 06/10/30 | 150,000 | 160,638 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 11/04/27 | 265,000 | 276,835 | ||||||||||
| Ford Motor Credit Co. LLC | 7.35 | 03/06/30 | 185,000 | 198,197 | ||||||||||
| General Motors Co. | 4.20 | 10/01/27 | 120,000 | 120,029 | ||||||||||
| General Motors Co. | 5.00 | 10/01/28 | 125,000 | 127,237 | ||||||||||
| General Motors Co. | 5.35 | 04/15/28 | 120,000 | 122,900 | ||||||||||
| General Motors Co. | 5.40 | 10/15/29 | 165,000 | 170,786 | ||||||||||
| General Motors Co. | 5.63 | 04/15/30 | 130,000 | 135,361 | ||||||||||
| General Motors Co. | 6.80 | 10/01/27 | 175,000 | 182,463 | ||||||||||
| General Motors Financial Co., Inc. | 2.35 | 02/26/27 | 165,000 | 161,026 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AUTO MANUFACTURERS – 4.8% (Continued) | ||||||||||||||
| General Motors Financial Co., Inc. | 2.40 | 04/10/28 | $ | 165,000 | $ | 157,848 | ||||||||
| General Motors Financial Co., Inc. | 2.40 | 10/15/28 | 145,000 | 137,732 | ||||||||||
| General Motors Financial Co., Inc. | 2.70 | 08/20/27 | 150,000 | 146,002 | ||||||||||
| General Motors Financial Co., Inc. | 3.60 | 06/21/30 | 185,000 | 177,506 | ||||||||||
| General Motors Financial Co., Inc. | 4.20 | 10/27/28 | 170,000 | 169,712 | ||||||||||
| General Motors Financial Co., Inc. | 4.30 | 04/06/29 | 180,000 | 179,369 | ||||||||||
| General Motors Financial Co., Inc. | 4.35 | 01/17/27 | 215,000 | 215,232 | ||||||||||
| General Motors Financial Co., Inc. | 4.90 | 10/06/29 | 170,000 | 172,594 | ||||||||||
| General Motors Financial Co., Inc. | 5.00 | 04/09/27 | 205,000 | 206,985 | ||||||||||
| General Motors Financial Co., Inc. | 5.00 | 07/15/27 | 85,000 | 86,015 | ||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 200,000 | 203,472 | ||||||||||
| General Motors Financial Co., Inc. | 5.35 | 07/15/27 | 175,000 | 178,092 | ||||||||||
| General Motors Financial Co., Inc. | 5.35 | 01/07/30 | 195,000 | 200,673 | ||||||||||
| General Motors Financial Co., Inc. | 5.40 | 05/08/27 | 195,000 | 198,195 | ||||||||||
| General Motors Financial Co., Inc. | 5.45 | 07/15/30 | 160,000 | 165,829 | ||||||||||
| General Motors Financial Co., Inc. | 5.55 | 07/15/29 | 200,000 | 207,289 | ||||||||||
| General Motors Financial Co., Inc. | 5.65 | 01/17/29 | 85,000 | 88,055 | ||||||||||
| General Motors Financial Co., Inc. | 5.80 | 06/23/28 | 230,000 | 238,310 | ||||||||||
| General Motors Financial Co., Inc. | 5.80 | 01/07/29 | 250,000 | 260,464 | ||||||||||
| General Motors Financial Co., Inc. | 5.85 | 04/06/30 | 165,000 | 173,186 | ||||||||||
| General Motors Financial Co., Inc. | 6.00 | 01/09/28 | 160,000 | 165,630 | ||||||||||
| 9,011,712 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.2% | ||||||||||||||
| Aptiv Swiss Holdings Ltd. | 4.65 | 09/13/29 | 95,000 | 96,509 | ||||||||||
| BorgWarner, Inc. | 2.65 | 07/01/27 | 175,000 | 170,967 | ||||||||||
| BorgWarner, Inc. | 4.95 | 08/15/29 | 80,000 | 81,883 | ||||||||||
| Lear Corp. | 3.80 | 09/15/27 | 90,000 | 89,368 | ||||||||||
| 438,727 | ||||||||||||||
| BANKS – 8.7% | ||||||||||||||
| Bank of Montreal | 3.80 | 12/15/32 | 205,000 | 201,548 | ||||||||||
| Barclays PLC | 2.28 | 11/24/27 | 265,000 | 259,639 | ||||||||||
| Barclays PLC | 2.65 | 06/24/31 | 160,000 | 147,534 | ||||||||||
| Barclays PLC | 3.56 | 09/23/35 | 165,000 | 154,806 | ||||||||||
| Barclays PLC | 4.34 | 01/10/28 | 225,000 | 225,126 | ||||||||||
| Barclays PLC | 4.48 | 11/11/29 | 225,000 | 225,455 | ||||||||||
| Barclays PLC | 4.84 | 05/09/28 | 290,000 | 291,514 | ||||||||||
| Barclays PLC | 4.84 | 09/10/28 | 170,000 | 171,784 | ||||||||||
| Barclays PLC | 4.94 | 09/10/30 | 245,000 | 249,060 | ||||||||||
| Barclays PLC | 4.97 | 05/16/29 | 305,000 | 309,591 | ||||||||||
| Barclays PLC | 5.09 | 02/25/29 | 205,000 | 208,545 | ||||||||||
| Barclays PLC | 5.09 | 06/20/30 | 245,000 | 248,618 | ||||||||||
| Barclays PLC | 5.37 | 02/25/31 | 305,000 | 314,518 | ||||||||||
| Barclays PLC | 5.50 | 08/09/28 | 300,000 | 306,182 | ||||||||||
| Barclays PLC | 5.67 | 03/12/28 | 215,000 | 218,982 | ||||||||||
| Barclays PLC | 5.69 | 03/12/30 | 320,000 | 332,398 | ||||||||||
| Barclays PLC | 6.49 | 09/13/29 | 205,000 | 216,579 | ||||||||||
| Barclays PLC | 7.39 | 11/02/28 | 270,000 | 285,889 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 8.7% (Continued) | ||||||||||||||
| Citigroup, Inc. | 4.13 | 07/25/28 | $ | 350,000 | $ | 349,688 | ||||||||
| Citigroup, Inc. | 4.30 | 11/20/26 | 145,000 | 145,196 | ||||||||||
| Citigroup, Inc. | 4.45 | 09/29/27 | 635,000 | 637,152 | ||||||||||
| Citigroup, Inc. | 5.59 | 11/19/34 | 205,000 | 209,859 | ||||||||||
| Citizens Financial Group, Inc. | 3.25 | 04/30/30 | 120,000 | 113,735 | ||||||||||
| Citizens Financial Group, Inc. | 5.25 | 03/05/31 | 120,000 | 122,704 | ||||||||||
| Citizens Financial Group, Inc. | 5.84 | 01/23/30 | 220,000 | 228,715 | ||||||||||
| Comerica, Inc. | 4.00 | 02/01/29 | 85,000 | 84,115 | ||||||||||
| Comerica, Inc. | 5.98 | 01/30/30 | 170,000 | 176,876 | ||||||||||
| Deutsche Bank AG/New York, NY | 2.31 | 11/16/27 | 275,000 | 269,424 | ||||||||||
| Deutsche Bank AG/New York, NY | 2.55 | 01/07/28 | 230,000 | 225,229 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.55 | 09/18/31 | 250,000 | 237,486 | ||||||||||
| Deutsche Bank AG/New York, NY | 4.88 | 12/01/32 | 175,000 | 175,130 | ||||||||||
| Deutsche Bank AG/New York, NY | 4.95 | 08/04/31 | 280,000 | 282,771 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.00 | 09/11/30 | 210,000 | 212,937 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.30 | 05/09/31 | 245,000 | 250,872 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.37 | 01/10/29 | 210,000 | 214,318 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.71 | 02/08/28 | 165,000 | 167,765 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.88 | 07/08/31 | 75,000 | 77,826 | ||||||||||
| Deutsche Bank AG/New York, NY | 6.72 | 01/18/29 | 235,000 | 246,361 | ||||||||||
| Deutsche Bank AG/New York, NY | 6.82 | 11/20/29 | 250,000 | 266,982 | ||||||||||
| Fifth Third Bancorp | 1.71 | 11/01/27 | 90,000 | 87,707 | ||||||||||
| Fifth Third Bancorp | 2.55 | 05/05/27 | 115,000 | 112,367 | ||||||||||
| Fifth Third Bancorp | 3.95 | 03/14/28 | 105,000 | 104,485 | ||||||||||
| Fifth Third Bancorp | 4.77 | 07/28/30 | 160,000 | 161,619 | ||||||||||
| Fifth Third Bancorp | 4.90 | 09/06/30 | 120,000 | 121,686 | ||||||||||
| Fifth Third Bancorp | 6.34 | 07/27/29 | 220,000 | 231,327 | ||||||||||
| Fifth Third Bancorp | 6.36 | 10/27/28 | 165,000 | 171,599 | ||||||||||
| First Citizens BancShares, Inc./NC | 5.23 | 03/12/31 | 80,000 | 80,974 | ||||||||||
| First Citizens BancShares, Inc./NC | 5.60 | 09/05/35 | 100,000 | 99,677 | ||||||||||
| First Horizon Corp. | 5.51 | 03/07/31 | 80,000 | 82,475 | ||||||||||
| FNB Corp./PA | 5.72 | 12/11/30 | 85,000 | 86,619 | ||||||||||
| Goldman Sachs Group, Inc. | 5.95 | 01/15/27 | 125,000 | 127,809 | ||||||||||
| HSBC Holdings PLC | 4.38 | 11/23/26 | 120,000 | 120,175 | ||||||||||
| Huntington Bancshares, Inc./OH | 2.55 | 02/04/30 | 120,000 | 111,244 | ||||||||||
| Huntington Bancshares, Inc./OH | 4.44 | 08/04/28 | 130,000 | 130,468 | ||||||||||
| Huntington Bancshares, Inc./OH | 5.27 | 01/15/31 | 195,000 | 200,866 | ||||||||||
| Huntington Bancshares, Inc./OH | 6.21 | 08/21/29 | 200,000 | 209,986 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 5.85 | 11/15/27 | 155,000 | 159,584 | ||||||||||
| KeyCorp | 2.25 | 04/06/27 | 135,000 | 131,303 | ||||||||||
| KeyCorp | 2.55 | 10/01/29 | 120,000 | 112,594 | ||||||||||
| KeyCorp | 4.10 | 04/30/28 | 130,000 | 129,709 | ||||||||||
| KeyCorp | 5.12 | 04/04/31 | 130,000 | 133,148 | ||||||||||
| M&T Bank Corp. | 4.55 | 08/16/28 | 75,000 | 75,303 | ||||||||||
| M&T Bank Corp. | 4.83 | 01/16/29 | 100,000 | 101,148 | ||||||||||
| M&T Bank Corp. | 5.18 | 07/08/31 | 115,000 | 117,494 | ||||||||||
| M&T Bank Corp. | 5.40 | 07/30/35 | 125,000 | 125,980 | ||||||||||
| M&T Bank Corp. | 7.41 | 10/30/29 | 165,000 | 178,731 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 8.7% (Continued) | ||||||||||||||
| Morgan Stanley | 3.95 | 04/23/27 | $ | 330,000 | $ | 329,276 | ||||||||
| NatWest Group PLC | 6.48 | 06/01/34 | 165,000 | 173,090 | ||||||||||
| Regions Financial Corp. | 1.80 | 08/12/28 | 110,000 | 103,160 | ||||||||||
| Regions Financial Corp. | 5.72 | 06/06/30 | 125,000 | 129,902 | ||||||||||
| Santander Holdings USA, Inc. | 2.49 | 01/06/28 | 165,000 | 161,150 | ||||||||||
| Santander Holdings USA, Inc. | 4.40 | 07/13/27 | 170,000 | 170,229 | ||||||||||
| Santander Holdings USA, Inc. | 5.35 | 09/06/30 | 160,000 | 163,064 | ||||||||||
| Santander Holdings USA, Inc. | 5.47 | 03/20/29 | 140,000 | 142,446 | ||||||||||
| Santander Holdings USA, Inc. | 5.74 | 03/20/31 | 130,000 | 134,101 | ||||||||||
| Santander Holdings USA, Inc. | 6.17 | 01/09/30 | 160,000 | 166,398 | ||||||||||
| Santander Holdings USA, Inc. | 6.50 | 03/09/29 | 165,000 | 171,840 | ||||||||||
| Santander Holdings USA, Inc. | 6.57 | 06/12/29 | 85,000 | 88,845 | ||||||||||
| Santander UK Group Holdings PLC | 2.47 | 01/11/28 | 175,000 | 171,247 | ||||||||||
| Santander UK Group Holdings PLC | 3.82 | 11/03/28 | 155,000 | 153,504 | ||||||||||
| Santander UK Group Holdings PLC | 4.32 | 09/22/29 | 235,000 | 234,462 | ||||||||||
| Santander UK Group Holdings PLC | 4.86 | 09/11/30 | 155,000 | 156,934 | ||||||||||
| Santander UK Group Holdings PLC | 5.69 | 04/15/31 | 210,000 | 219,024 | ||||||||||
| Santander UK Group Holdings PLC | 6.53 | 01/10/29 | 210,000 | 219,568 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 2.14 | 09/23/30 | 100,000 | 89,946 | ||||||||||
| Synchrony Bank | 5.63 | 08/23/27 | 90,000 | 91,882 | ||||||||||
| Synovus Bank/Columbus, GA | 5.63 | 02/15/28 | 75,000 | 76,626 | ||||||||||
| Synovus Financial Corp. | 6.17 | 11/01/30 | 85,000 | 87,922 | ||||||||||
| Truist Financial Corp. | 3.88 | 03/19/29 | 105,000 | 103,496 | ||||||||||
| Zions Bancorp, N.A. | 3.25 | 10/29/29 | 80,000 | 74,540 | ||||||||||
| Zions Bancorp, N.A. | 4.70 | 08/18/28 | 85,000 | 84,919 | ||||||||||
| 16,266,557 | ||||||||||||||
| BEVERAGES – 1.0% | ||||||||||||||
| Coca-Cola Consolidated, Inc. | 5.25 | 06/01/29 | 115,000 | 119,157 | ||||||||||
| Constellation Brands, Inc. | 2.88 | 05/01/30 | 105,000 | 98,358 | ||||||||||
| Constellation Brands, Inc. | 3.15 | 08/01/29 | 140,000 | 134,679 | ||||||||||
| Constellation Brands, Inc. | 3.50 | 05/09/27 | 90,000 | 89,167 | ||||||||||
| Constellation Brands, Inc. | 3.60 | 02/15/28 | 115,000 | 113,605 | ||||||||||
| Constellation Brands, Inc. | 3.70 | 12/06/26 | 95,000 | 94,648 | ||||||||||
| Constellation Brands, Inc. | 4.35 | 05/09/27 | 100,000 | 100,302 | ||||||||||
| Constellation Brands, Inc. | 4.65 | 11/15/28 | 65,000 | 65,823 | ||||||||||
| Constellation Brands, Inc. | 4.80 | 05/01/30 | 75,000 | 76,131 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.20 | 05/01/30 | 120,000 | 113,645 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.95 | 04/15/29 | 165,000 | 162,691 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.35 | 05/15/28 | 80,000 | 80,084 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.60 | 05/25/28 | 190,000 | 191,194 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.60 | 05/15/30 | 80,000 | 80,251 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.05 | 03/15/29 | 130,000 | 132,533 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.10 | 03/15/27 | 125,000 | 126,198 | ||||||||||
| 1,778,466 | ||||||||||||||
| BIOTECHNOLOGY – 1.7% | ||||||||||||||
| Amgen, Inc. | 1.65 | 08/15/28 | 205,000 | 192,085 | ||||||||||
| Amgen, Inc. | 2.20 | 02/21/27 | 280,000 | 273,398 | ||||||||||
| Amgen, Inc. | 2.45 | 02/21/30 | 200,000 | 185,760 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BIOTECHNOLOGY – 1.7% (Continued) | ||||||||||||||
| Amgen, Inc. | 3.00 | 02/22/29 | $ | 140,000 | $ | 135,109 | ||||||||
| Amgen, Inc. | 3.20 | 11/02/27 | 165,000 | 162,402 | ||||||||||
| Amgen, Inc. | 4.05 | 08/18/29 | 200,000 | 199,062 | ||||||||||
| Amgen, Inc. | 5.15 | 03/02/28 | 615,000 | 628,843 | ||||||||||
| Amgen, Inc. | 5.25 | 03/02/30 | 455,000 | 472,311 | ||||||||||
| Biogen, Inc. | 2.25 | 05/01/30 | 250,000 | 228,836 | ||||||||||
| Illumina, Inc. | 5.75 | 12/13/27 | 80,000 | 82,318 | ||||||||||
| Regeneron Pharmaceuticals, Inc. | 1.75 | 09/15/30 | 200,000 | 177,416 | ||||||||||
| Royalty Pharma PLC | 1.75 | 09/02/27 | 165,000 | 158,123 | ||||||||||
| Royalty Pharma PLC | 2.20 | 09/02/30 | 160,000 | 144,263 | ||||||||||
| Royalty Pharma PLC | 5.15 | 09/02/29 | 80,000 | 82,103 | ||||||||||
| 3,122,029 | ||||||||||||||
| BUILDING MATERIALS – 1.5% | ||||||||||||||
| Amrize Finance US LLC(1) | 4.60 | 04/07/27 | 110,000 | 110,677 | ||||||||||
| Amrize Finance US LLC(1) | 4.70 | 04/07/28 | 115,000 | 116,380 | ||||||||||
| Amrize Finance US LLC(1) | 4.95 | 04/07/30 | 165,000 | 168,938 | ||||||||||
| Carlisle Cos, Inc. | 2.75 | 03/01/30 | 125,000 | 117,378 | ||||||||||
| Carlisle Cos, Inc. | 3.75 | 12/01/27 | 110,000 | 109,309 | ||||||||||
| Carrier Global Corp. | 2.49 | 02/15/27 | 150,000 | 147,034 | ||||||||||
| Carrier Global Corp. | 2.72 | 02/15/30 | 315,000 | 295,734 | ||||||||||
| CRH SMW Finance DAC | 5.13 | 01/09/30 | 215,000 | 221,299 | ||||||||||
| CRH SMW Finance DAC | 5.20 | 05/21/29 | 115,000 | 118,632 | ||||||||||
| Fortune Brands Innovations, Inc. | 3.25 | 09/15/29 | 100,000 | 95,840 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 1.75 | 09/15/30 | 100,000 | 88,939 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 5.50 | 04/19/29 | 120,000 | 124,752 | ||||||||||
| Lennox International, Inc. | 5.50 | 09/15/28 | 85,000 | 87,842 | ||||||||||
| Martin Marietta Materials, Inc. | 2.50 | 03/15/30 | 75,000 | 69,891 | ||||||||||
| Martin Marietta Materials, Inc. | 3.50 | 12/15/27 | 85,000 | 84,029 | ||||||||||
| Masco Corp. | 1.50 | 02/15/28 | 100,000 | 94,059 | ||||||||||
| Mohawk Industries, Inc. | 3.63 | 05/15/30 | 90,000 | 87,019 | ||||||||||
| Mohawk Industries, Inc. | 5.85 | 09/18/28 | 85,000 | 88,750 | ||||||||||
| Owens Corning | 5.50 | 06/15/27 | 90,000 | 91,825 | ||||||||||
| Trane Technologies Financing Ltd. | 3.80 | 03/21/29 | 115,000 | 113,924 | ||||||||||
| Trane Technologies Holdco, Inc. | 3.75 | 08/21/28 | 90,000 | 89,462 | ||||||||||
| Vulcan Materials Co. | 3.50 | 06/01/30 | 130,000 | 125,702 | ||||||||||
| Vulcan Materials Co. | 4.95 | 12/01/29 | 75,000 | 76,940 | ||||||||||
| 2,724,355 | ||||||||||||||
| CHEMICALS – 1.2% | ||||||||||||||
| Albemarle Corp. | 4.65 | 06/01/27 | 110,000 | 110,026 | ||||||||||
| Dow Chemical Co. | 4.80 | 11/30/28 | 110,000 | 111,189 | ||||||||||
| Dow Chemical Co. | 7.38 | 11/01/29 | 96,000 | 106,221 | ||||||||||
| DuPont de Nemours, Inc.(1) | 4.73 | 11/15/28 | 340,000 | 345,886 | ||||||||||
| Eastman Chemical Co. | 4.50 | 12/01/28 | 80,000 | 80,449 | ||||||||||
| Eastman Chemical Co. | 5.00 | 08/01/29 | 125,000 | 127,344 | ||||||||||
| FMC Corp. | 3.45 | 10/01/29 | 90,000 | 84,021 | ||||||||||
| LYB International Finance II BV | 3.50 | 03/02/27 | 105,000 | 104,041 | ||||||||||
| LYB International Finance III LLC | 2.25 | 10/01/30 | 90,000 | 80,427 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CHEMICALS – 1.2% (Continued) | ||||||||||||||
| Mosaic Co. | 4.05 | 11/15/27 | $ | 110,000 | $ | 109,782 | ||||||||
| Nutrien Ltd. | 2.95 | 05/13/30 | 75,000 | 70,750 | ||||||||||
| Nutrien Ltd. | 4.20 | 04/01/29 | 135,000 | 134,876 | ||||||||||
| Nutrien Ltd. | 4.90 | 03/27/28 | 115,000 | 117,021 | ||||||||||
| PPG Industries, Inc. | 3.75 | 03/15/28 | 125,000 | 124,098 | ||||||||||
| Sherwin-Williams Co. | 2.30 | 05/15/30 | 95,000 | 87,355 | ||||||||||
| Sherwin-Williams Co. | 2.95 | 08/15/29 | 125,000 | 119,482 | ||||||||||
| Sherwin-Williams Co. | 3.45 | 06/01/27 | 245,000 | 242,757 | ||||||||||
| Sherwin-Williams Co. | 4.30 | 08/15/28 | 90,000 | 90,484 | ||||||||||
| Sherwin-Williams Co. | 4.50 | 08/15/30 | 75,000 | 75,486 | ||||||||||
| 2,321,695 | ||||||||||||||
| COMMERCIAL SERVICES – 1.1% | ||||||||||||||
| Block Financial LLC | 2.50 | 07/15/28 | 85,000 | 80,863 | ||||||||||
| Block Financial LLC | 3.88 | 08/15/30 | 110,000 | 106,279 | ||||||||||
| Equifax, Inc. | 3.10 | 05/15/30 | 90,000 | 84,977 | ||||||||||
| Equifax, Inc. | 4.80 | 09/15/29 | 115,000 | 116,745 | ||||||||||
| Equifax, Inc. | 5.10 | 12/15/27 | 125,000 | 127,237 | ||||||||||
| Equifax, Inc. | 5.10 | 06/01/28 | 115,000 | 117,381 | ||||||||||
| Global Payments, Inc. | 2.15 | 01/15/27 | 125,000 | 121,825 | ||||||||||
| Global Payments, Inc. | 2.90 | 05/15/30 | 155,000 | 143,110 | ||||||||||
| Global Payments, Inc. | 3.20 | 08/15/29 | 225,000 | 213,000 | ||||||||||
| Global Payments, Inc. | 4.95 | 08/15/27 | 85,000 | 85,843 | ||||||||||
| Global Payments, Inc. | 5.30 | 08/15/29 | 70,000 | 71,282 | ||||||||||
| GXO Logistics, Inc. | 6.25 | 05/06/29 | 105,000 | 110,432 | ||||||||||
| Moody’s Corp. | 3.25 | 01/15/28 | 77,000 | 75,718 | ||||||||||
| Quanta Services, Inc. | 2.90 | 10/01/30 | 165,000 | 154,375 | ||||||||||
| Quanta Services, Inc. | 4.30 | 08/09/28 | 85,000 | 85,349 | ||||||||||
| Quanta Services, Inc. | 4.75 | 08/09/27 | 95,000 | 96,093 | ||||||||||
| Verisk Analytics, Inc. | 4.13 | 03/15/29 | 95,000 | 94,816 | ||||||||||
| Verisk Analytics, Inc. | 4.50 | 08/15/30 | 125,000 | 125,534 | ||||||||||
| 2,010,859 | ||||||||||||||
| COMPUTERS – 1.9% | ||||||||||||||
| Amdocs Ltd. | 2.54 | 06/15/30 | 105,000 | 96,438 | ||||||||||
| CGI, Inc.(1) | 4.95 | 03/14/30 | 105,000 | 106,595 | ||||||||||
| Dell International LLC/EMC Corp. | 4.15 | 02/15/29 | 125,000 | 124,891 | ||||||||||
| Dell International LLC/EMC Corp. | 4.35 | 02/01/30 | 115,000 | 114,948 | ||||||||||
| Dell International LLC/EMC Corp. | 4.75 | 04/01/28 | 165,000 | 167,349 | ||||||||||
| Dell International LLC/EMC Corp. | 5.00 | 04/01/30 | 160,000 | 163,798 | ||||||||||
| Dell International LLC/EMC Corp. | 5.25 | 02/01/28 | 173,000 | 177,038 | ||||||||||
| Dell International LLC/EMC Corp. | 5.30 | 10/01/29 | 290,000 | 299,511 | ||||||||||
| Dell International LLC/EMC Corp. | 6.20 | 07/15/30 | 125,000 | 133,850 | ||||||||||
| DXC Technology Co. | 2.38 | 09/15/28 | 105,000 | 99,188 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.05 | 09/15/27 | 145,000 | 144,757 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.15 | 09/15/28 | 145,000 | 144,737 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.40 | 09/25/27 | 205,000 | 205,846 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.40 | 10/15/30 | 145,000 | 143,857 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.55 | 10/15/29 | 285,000 | 286,719 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMPUTERS – 1.9% (Continued) | ||||||||||||||
| Hewlett Packard Enterprise Co. | 5.25 | 07/01/28 | $ | 90,000 | $ | 92,430 | ||||||||
| HP, Inc. | 3.00 | 06/17/27 | 170,000 | 166,903 | ||||||||||
| HP, Inc. | 3.40 | 06/17/30 | 75,000 | 71,645 | ||||||||||
| HP, Inc. | 4.00 | 04/15/29 | 155,000 | 153,338 | ||||||||||
| HP, Inc. | 4.75 | 01/15/28 | 150,000 | 151,837 | ||||||||||
| HP, Inc. | 5.40 | 04/25/30 | 90,000 | 93,425 | ||||||||||
| Leidos, Inc. | 4.38 | 05/15/30 | 125,000 | 124,673 | ||||||||||
| NetApp, Inc. | 2.38 | 06/22/27 | 85,000 | 82,699 | ||||||||||
| NetApp, Inc. | 2.70 | 06/22/30 | 120,000 | 111,431 | ||||||||||
| Western Digital Corp. | 2.85 | 02/01/29 | 85,000 | 80,599 | ||||||||||
| 3,538,502 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.3% | ||||||||||||||
| Haleon US Capital LLC | 3.38 | 03/24/27 | 318,000 | 315,231 | ||||||||||
| Haleon US Capital LLC | 3.38 | 03/24/29 | 170,000 | 165,644 | ||||||||||
| 480,875 | ||||||||||||||
| DISTRIBUTION/WHOLESALE – 0.1% | ||||||||||||||
| LKQ Corp. | 5.75 | 06/15/28 | 135,000 | 139,483 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.0% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.00 | 10/29/28 | 620,000 | 598,678 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.65 | 07/21/27 | 165,000 | 163,514 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.88 | 01/23/28 | 95,000 | 94,334 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.63 | 10/15/27 | 100,000 | 100,746 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.63 | 09/10/29 | 230,000 | 231,966 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.88 | 04/01/28 | 125,000 | 126,935 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.10 | 01/19/29 | 140,000 | 143,267 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.75 | 06/06/28 | 165,000 | 170,886 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.10 | 01/15/27 | 155,000 | 158,178 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.15 | 09/30/30 | 140,000 | 149,940 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.45 | 04/15/27 | 250,000 | 257,381 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.95 | 03/10/55 | 115,000 | 121,157 | ||||||||||
| Air Lease Corp. | 2.10 | 09/01/28 | 75,000 | 70,305 | ||||||||||
| Air Lease Corp. | 2.20 | 01/15/27 | 130,000 | 126,745 | ||||||||||
| Air Lease Corp. | 3.00 | 02/01/30 | 100,000 | 93,324 | ||||||||||
| Air Lease Corp. | 3.25 | 10/01/29 | 90,000 | 85,620 | ||||||||||
| Air Lease Corp. | 3.63 | 04/01/27 | 80,000 | 79,212 | ||||||||||
| Air Lease Corp. | 3.63 | 12/01/27 | 80,000 | 78,788 | ||||||||||
| Air Lease Corp. | 4.63 | 10/01/28 | 85,000 | 85,261 | ||||||||||
| Air Lease Corp. | 5.10 | 03/01/29 | 85,000 | 86,248 | ||||||||||
| Air Lease Corp. | 5.30 | 02/01/28 | 115,000 | 116,895 | ||||||||||
| Air Lease Corp. | 5.85 | 12/15/27 | 110,000 | 113,097 | ||||||||||
| Ally Financial, Inc. | 2.20 | 11/02/28 | 120,000 | 112,080 | ||||||||||
| Ally Financial, Inc. | 4.75 | 06/09/27 | 130,000 | 130,811 | ||||||||||
| Ally Financial, Inc. | 5.54 | 01/17/31 | 85,000 | 86,518 | ||||||||||
| Ally Financial, Inc. | 5.74 | 05/15/29 | 125,000 | 127,530 | ||||||||||
| Ally Financial, Inc. | 6.85 | 01/03/30 | 115,000 | 121,380 | ||||||||||
| Ally Financial, Inc. | 6.99 | 06/13/29 | 140,000 | 147,166 | ||||||||||
| Ally Financial, Inc. | 7.10 | 11/15/27 | 120,000 | 125,933 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 6.0% (Continued) | ||||||||||||||
| Ares Management Corp. | 6.38 | 11/10/28 | $ | 80,000 | $ | 84,371 | ||||||||
| BGC Group, Inc. | 6.15 | 04/02/30 | 120,000 | 123,962 | ||||||||||
| Capital One Financial Corp. | 1.88 | 11/02/27 | 215,000 | 209,938 | ||||||||||
| Capital One Financial Corp. | 3.27 | 03/01/30 | 195,000 | 188,183 | ||||||||||
| Capital One Financial Corp. | 3.65 | 05/11/27 | 175,000 | 173,769 | ||||||||||
| Capital One Financial Corp. | 3.75 | 03/09/27 | 210,000 | 209,004 | ||||||||||
| Capital One Financial Corp. | 3.80 | 01/31/28 | 240,000 | 238,324 | ||||||||||
| Capital One Financial Corp. | 4.10 | 02/09/27 | 170,000 | 169,750 | ||||||||||
| Capital One Financial Corp. | 4.49 | 09/11/31 | 210,000 | 208,509 | ||||||||||
| Capital One Financial Corp. | 4.93 | 05/10/28 | 255,000 | 257,412 | ||||||||||
| Capital One Financial Corp. | 5.25 | 07/26/30 | 145,000 | 149,004 | ||||||||||
| Capital One Financial Corp. | 5.46 | 07/26/30 | 170,000 | 176,016 | ||||||||||
| Capital One Financial Corp. | 5.47 | 02/01/29 | 160,000 | 163,940 | ||||||||||
| Capital One Financial Corp. | 5.70 | 02/01/30 | 180,000 | 186,954 | ||||||||||
| Capital One Financial Corp. | 6.31 | 06/08/29 | 270,000 | 283,092 | ||||||||||
| Capital One Financial Corp. | 7.62 | 10/30/31 | 290,000 | 327,168 | ||||||||||
| Enact Holdings, Inc. | 6.25 | 05/28/29 | 120,000 | 125,624 | ||||||||||
| Jefferies Financial Group, Inc. | 4.15 | 01/23/30 | 170,000 | 166,401 | ||||||||||
| Jefferies Financial Group, Inc. | 4.85 | 01/15/27 | 130,000 | 130,522 | ||||||||||
| Jefferies Financial Group, Inc. | 5.88 | 07/21/28 | 155,000 | 160,365 | ||||||||||
| Lazard Group LLC | 4.38 | 03/11/29 | 85,000 | 84,926 | ||||||||||
| Lazard Group LLC | 4.50 | 09/19/28 | 80,000 | 80,433 | ||||||||||
| LPL Holdings, Inc. | 4.90 | 04/03/28 | 85,000 | 86,032 | ||||||||||
| LPL Holdings, Inc. | 5.15 | 06/15/30 | 85,000 | 86,646 | ||||||||||
| LPL Holdings, Inc. | 5.20 | 03/15/30 | 120,000 | 122,649 | ||||||||||
| LPL Holdings, Inc. | 5.70 | 05/20/27 | 65,000 | 66,269 | ||||||||||
| LPL Holdings, Inc. | 6.75 | 11/17/28 | 125,000 | 133,226 | ||||||||||
| Marex Group PLC | 5.83 | 05/08/28 | 75,000 | 75,939 | ||||||||||
| Marex Group PLC | 6.40 | 11/04/29 | 95,000 | 97,735 | ||||||||||
| Nasdaq, Inc. | 5.35 | 06/28/28 | 155,000 | 159,931 | ||||||||||
| Nomura Holdings, Inc. | 2.17 | 07/14/28 | 160,000 | 151,536 | ||||||||||
| Nomura Holdings, Inc. | 2.33 | 01/22/27 | 185,000 | 180,847 | ||||||||||
| Nomura Holdings, Inc. | 2.68 | 07/16/30 | 170,000 | 156,574 | ||||||||||
| Nomura Holdings, Inc. | 2.71 | 01/22/29 | 90,000 | 85,663 | ||||||||||
| Nomura Holdings, Inc. | 3.10 | 01/16/30 | 240,000 | 227,295 | ||||||||||
| Nomura Holdings, Inc. | 4.90 | 07/01/30 | 130,000 | 131,816 | ||||||||||
| Nomura Holdings, Inc. | 5.39 | 07/06/27 | 80,000 | 81,442 | ||||||||||
| Nomura Holdings, Inc. | 5.59 | 07/02/27 | 85,000 | 86,828 | ||||||||||
| Nomura Holdings, Inc. | 5.61 | 07/06/29 | 105,000 | 109,319 | ||||||||||
| Nomura Holdings, Inc. | 5.84 | 01/18/28 | 80,000 | 82,643 | ||||||||||
| Nomura Holdings, Inc. | 6.07 | 07/12/28 | 150,000 | 156,825 | ||||||||||
| ORIX Corp. | 3.70 | 07/18/27 | 80,000 | 79,429 | ||||||||||
| Radian Group, Inc. | 6.20 | 05/15/29 | 100,000 | 104,608 | ||||||||||
| Synchrony Financial | 3.95 | 12/01/27 | 185,000 | 183,462 | ||||||||||
| Synchrony Financial | 5.02 | 07/29/29 | 80,000 | 80,557 | ||||||||||
| Synchrony Financial | 5.15 | 03/19/29 | 95,000 | 96,389 | ||||||||||
| Synchrony Financial | 5.45 | 03/06/31 | 130,000 | 132,294 | ||||||||||
| Synchrony Financial | 5.94 | 08/02/30 | 135,000 | 139,660 | ||||||||||
| 11,097,176 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 8.0% | ||||||||||||||
| AEP Texas, Inc. | 2.10 | 07/01/30 | $ | 105,000 | $ | 95,235 | ||||||||
| AEP Texas, Inc. | 5.45 | 05/15/29 | 100,000 | 103,821 | ||||||||||
| AES Corp. | 5.45 | 06/01/28 | 145,000 | 147,553 | ||||||||||
| Ameren Corp. | 1.95 | 03/15/27 | 85,000 | 82,580 | ||||||||||
| Ameren Corp. | 5.00 | 01/15/29 | 120,000 | 122,893 | ||||||||||
| Ameren Corp. | 5.70 | 12/01/26 | 105,000 | 106,554 | ||||||||||
| American Electric Power Co., Inc. | 3.20 | 11/13/27 | 80,000 | 78,578 | ||||||||||
| American Electric Power Co., Inc. | 3.88 | 02/15/62 | 125,000 | 121,873 | ||||||||||
| American Electric Power Co., Inc. | 4.30 | 12/01/28 | 85,000 | 85,430 | ||||||||||
| American Electric Power Co., Inc. | 5.20 | 01/15/29 | 160,000 | 165,049 | ||||||||||
| American Electric Power Co., Inc. | 5.75 | 11/01/27 | 70,000 | 72,129 | ||||||||||
| Avangrid, Inc. | 3.80 | 06/01/29 | 110,000 | 108,262 | ||||||||||
| CenterPoint Energy, Inc. | 5.40 | 06/01/29 | 115,000 | 119,149 | ||||||||||
| CenterPoint Energy, Inc. | 6.70 | 05/15/55 | 85,000 | 88,051 | ||||||||||
| CMS Energy Corp. | 4.75 | 06/01/50 | 85,000 | 83,715 | ||||||||||
| Constellation Energy Generation LLC | 5.60 | 03/01/28 | 115,000 | 118,896 | ||||||||||
| Dominion Energy, Inc. | 3.38 | 04/01/30 | 240,000 | 230,704 | ||||||||||
| Dominion Energy, Inc. | 4.60 | 05/15/28 | 185,000 | 187,028 | ||||||||||
| Dominion Energy, Inc. | 5.00 | 06/15/30 | 125,000 | 128,370 | ||||||||||
| Dominion Energy, Inc. | 6.88 | 02/01/55 | 165,000 | 173,626 | ||||||||||
| DTE Energy Co. | 4.88 | 06/01/28 | 175,000 | 178,057 | ||||||||||
| DTE Energy Co. | 4.95 | 07/01/27 | 200,000 | 202,484 | ||||||||||
| DTE Energy Co. | 5.10 | 03/01/29 | 200,000 | 205,107 | ||||||||||
| DTE Energy Co. | 5.20 | 04/01/30 | 180,000 | 185,697 | ||||||||||
| Duke Energy Corp. | 2.45 | 06/01/30 | 140,000 | 129,345 | ||||||||||
| Duke Energy Corp. | 3.15 | 08/15/27 | 125,000 | 123,080 | ||||||||||
| Duke Energy Corp. | 3.25 | 01/15/82 | 70,000 | 67,518 | ||||||||||
| Duke Energy Corp. | 3.40 | 06/15/29 | 110,000 | 107,109 | ||||||||||
| Duke Energy Corp. | 4.30 | 03/15/28 | 150,000 | 150,511 | ||||||||||
| Duke Energy Corp. | 4.85 | 01/05/27 | 100,000 | 100,910 | ||||||||||
| Duke Energy Corp. | 4.85 | 01/05/29 | 105,000 | 106,988 | ||||||||||
| Duke Energy Corp. | 5.00 | 12/08/27 | 95,000 | 96,657 | ||||||||||
| Edison International | 4.13 | 03/15/28 | 95,000 | 93,402 | ||||||||||
| Edison International | 5.25 | 11/15/28 | 100,000 | 100,721 | ||||||||||
| Edison International | 5.45 | 06/15/29 | 95,000 | 96,068 | ||||||||||
| Edison International | 5.75 | 06/15/27 | 95,000 | 96,144 | ||||||||||
| Edison International | 6.25 | 03/15/30 | 75,000 | 77,875 | ||||||||||
| Edison International | 6.95 | 11/15/29 | 95,000 | 100,910 | ||||||||||
| Enel Chile SA | 4.88 | 06/12/28 | 170,000 | 172,897 | ||||||||||
| Entergy Corp. | 1.90 | 06/15/28 | 115,000 | 108,703 | ||||||||||
| Entergy Corp. | 2.80 | 06/15/30 | 100,000 | 93,420 | ||||||||||
| Entergy Corp. | 7.13 | 12/01/54 | 195,000 | 205,268 | ||||||||||
| Evergy, Inc. | 2.90 | 09/15/29 | 135,000 | 128,346 | ||||||||||
| Evergy, Inc. | 6.65 | 06/01/55 | 80,000 | 82,338 | ||||||||||
| Eversource Energy | 1.65 | 08/15/30 | 110,000 | 96,822 | ||||||||||
| Eversource Energy | 2.90 | 03/01/27 | 95,000 | 93,449 | ||||||||||
| Eversource Energy | 4.25 | 04/01/29 | 70,000 | 69,922 | ||||||||||
| Eversource Energy | 4.60 | 07/01/27 | 100,000 | 100,586 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 8.0% (Continued) | ||||||||||||||
| Eversource Energy | 5.45 | 03/01/28 | $ | 210,000 | $ | 215,403 | ||||||||
| Eversource Energy | 5.95 | 02/01/29 | 130,000 | 136,186 | ||||||||||
| Exelon Corp. | 2.75 | 03/15/27 | 100,000 | 98,208 | ||||||||||
| Exelon Corp. | 4.05 | 04/15/30 | 220,000 | 218,031 | ||||||||||
| Exelon Corp. | 5.15 | 03/15/28 | 165,000 | 168,840 | ||||||||||
| Exelon Corp. | 5.15 | 03/15/29 | 95,000 | 97,727 | ||||||||||
| FirstEnergy Corp. | 2.65 | 03/01/30 | 95,000 | 88,269 | ||||||||||
| FirstEnergy Corp. | 3.90 | 07/15/27 | 250,000 | 248,527 | ||||||||||
| Interstate Power & Light Co. | 4.10 | 09/26/28 | 85,000 | 84,851 | ||||||||||
| ITC Holdings Corp. | 3.35 | 11/15/27 | 85,000 | 83,787 | ||||||||||
| National Grid PLC | 5.60 | 06/12/28 | 115,000 | 119,003 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 1.88 | 01/15/27 | 160,000 | 156,001 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 1.90 | 06/15/28 | 240,000 | 227,455 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.25 | 06/01/30 | 339,000 | 310,674 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.75 | 11/01/29 | 155,000 | 146,991 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.50 | 04/01/29 | 90,000 | 88,132 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.55 | 05/01/27 | 250,000 | 248,165 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 3.80 | 03/15/82 | 105,000 | 102,936 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.63 | 07/15/27 | 200,000 | 201,951 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.69 | 09/01/27 | 335,000 | 338,737 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.80 | 12/01/77 | 90,000 | 88,233 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.85 | 02/04/28 | 160,000 | 162,859 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.90 | 02/28/28 | 205,000 | 208,637 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 4.90 | 03/15/29 | 155,000 | 158,695 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.00 | 02/28/30 | 105,000 | 108,444 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.05 | 03/15/30 | 170,000 | 175,230 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.65 | 05/01/79 | 80,000 | 80,972 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.38 | 08/15/55 | 240,000 | 250,540 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.70 | 09/01/54 | 165,000 | 172,147 | ||||||||||
| Pacific Gas & Electric Co. | 2.10 | 08/01/27 | 160,000 | 153,901 | ||||||||||
| Pacific Gas & Electric Co. | 3.00 | 06/15/28 | 125,000 | 120,587 | ||||||||||
| Pacific Gas & Electric Co. | 3.30 | 12/01/27 | 185,000 | 181,338 | ||||||||||
| Pacific Gas & Electric Co. | 3.75 | 07/01/28 | 150,000 | 147,532 | ||||||||||
| Pacific Gas & Electric Co. | 4.55 | 07/01/30 | 510,000 | 506,453 | ||||||||||
| Pacific Gas & Electric Co. | 5.00 | 06/04/28 | 145,000 | 147,091 | ||||||||||
| Pacific Gas & Electric Co. | 5.55 | 05/15/29 | 140,000 | 144,237 | ||||||||||
| Pacific Gas & Electric Co. | 6.10 | 01/15/29 | 130,000 | 135,758 | ||||||||||
| Public Service Enterprise Group, Inc. | 1.60 | 08/15/30 | 95,000 | 83,556 | ||||||||||
| Public Service Enterprise Group, Inc. | 4.90 | 03/15/30 | 100,000 | 102,146 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.20 | 04/01/29 | 120,000 | 123,652 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.85 | 11/15/27 | 120,000 | 124,120 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.88 | 10/15/28 | 90,000 | 94,227 | ||||||||||
| Puget Energy, Inc. | 4.10 | 06/15/30 | 85,000 | 83,291 | ||||||||||
| Sempra | 3.25 | 06/15/27 | 120,000 | 118,044 | ||||||||||
| Sempra | 3.40 | 02/01/28 | 160,000 | 157,098 | ||||||||||
| Sempra | 3.70 | 04/01/29 | 85,000 | 83,489 | ||||||||||
| Sempra | 4.13 | 04/01/52 | 155,000 | 151,814 | ||||||||||
| Sempra | 6.88 | 10/01/54 | 185,000 | 191,744 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 8.0% (Continued) | ||||||||||||||
| Southern Co. | 3.70 | 04/30/30 | $ | 165,000 | $ | 161,336 | ||||||||
| Southern Co. | 4.85 | 06/15/28 | 120,000 | 122,177 | ||||||||||
| Southern Co. | 5.11 | 08/01/27 | 140,000 | 142,342 | ||||||||||
| Southern Co. | 5.50 | 03/15/29 | 170,000 | 176,862 | ||||||||||
| Southern Power Co. | 4.25 | 10/01/30 | 90,000 | 89,538 | ||||||||||
| Southwestern Electric Power Co. | 4.10 | 09/15/28 | 95,000 | 94,815 | ||||||||||
| WEC Energy Group, Inc. | 1.38 | 10/15/27 | 85,000 | 80,745 | ||||||||||
| WEC Energy Group, Inc. | 2.20 | 12/15/28 | 85,000 | 80,165 | ||||||||||
| Xcel Energy, Inc. | 1.75 | 03/15/27 | 65,000 | 62,952 | ||||||||||
| Xcel Energy, Inc. | 2.60 | 12/01/29 | 95,000 | 88,975 | ||||||||||
| Xcel Energy, Inc. | 3.35 | 12/01/26 | 85,000 | 84,389 | ||||||||||
| Xcel Energy, Inc. | 3.40 | 06/01/30 | 90,000 | 86,489 | ||||||||||
| Xcel Energy, Inc. | 4.00 | 06/15/28 | 105,000 | 104,794 | ||||||||||
| 14,801,118 | ||||||||||||||
| ELECTRONICS – 0.7% | ||||||||||||||
| Arrow Electronics, Inc. | 3.88 | 01/12/28 | 85,000 | 84,201 | ||||||||||
| Arrow Electronics, Inc. | 5.15 | 08/21/29 | 90,000 | 91,969 | ||||||||||
| Avnet, Inc. | 6.25 | 03/15/28 | 90,000 | 93,520 | ||||||||||
| Flex Ltd. | 4.88 | 06/15/29 | 115,000 | 116,410 | ||||||||||
| Flex Ltd. | 4.88 | 05/12/30 | 100,000 | 101,253 | ||||||||||
| Jabil, Inc. | 3.60 | 01/15/30 | 75,000 | 72,494 | ||||||||||
| Jabil, Inc. | 3.95 | 01/12/28 | 75,000 | 74,624 | ||||||||||
| Jabil, Inc. | 4.25 | 05/15/27 | 90,000 | 90,050 | ||||||||||
| Keysight Technologies, Inc. | 3.00 | 10/30/29 | 90,000 | 85,682 | ||||||||||
| Keysight Technologies, Inc. | 4.60 | 04/06/27 | 105,000 | 105,505 | ||||||||||
| Keysight Technologies, Inc. | 5.35 | 07/30/30 | 120,000 | 124,609 | ||||||||||
| TD SYNNEX Corp. | 2.38 | 08/09/28 | 100,000 | 94,843 | ||||||||||
| TD SYNNEX Corp. | 4.30 | 01/17/29 | 95,000 | 94,808 | ||||||||||
| Trimble, Inc. | 4.90 | 06/15/28 | 100,000 | 101,646 | ||||||||||
| 1,331,614 | ||||||||||||||
| ENGINEERING & CONSTRUCTION – 0.1% | ||||||||||||||
| Jacobs Engineering Group, Inc. | 6.35 | 08/18/28 | 105,000 | 110,782 | ||||||||||
| MasTec, Inc. | 5.90 | 06/15/29 | 86,000 | 89,959 | ||||||||||
| 200,741 | ||||||||||||||
| ENVIRONMENTAL CONTROL – 0.1% | ||||||||||||||
| Veralto Corp. | 5.35 | 09/18/28 | 115,000 | 118,843 | ||||||||||
| FOOD – 2.6% | ||||||||||||||
| Ahold Finance USA LLC | 6.88 | 05/01/29 | 80,000 | 86,950 | ||||||||||
| Campbell’s Co. | 2.38 | 04/24/30 | 80,000 | 73,277 | ||||||||||
| Campbell’s Co. | 4.15 | 03/15/28 | 160,000 | 159,872 | ||||||||||
| Campbell’s Co. | 5.20 | 03/19/27 | 85,000 | 86,197 | ||||||||||
| Campbell’s Co. | 5.20 | 03/21/29 | 105,000 | 107,824 | ||||||||||
| Conagra Brands, Inc. | 1.38 | 11/01/27 | 165,000 | 155,830 | ||||||||||
| Conagra Brands, Inc. | 4.85 | 11/01/28 | 215,000 | 217,389 | ||||||||||
| Conagra Brands, Inc. | 5.00 | 08/01/30 | 80,000 | 81,070 | ||||||||||
| General Mills, Inc. | 2.88 | 04/15/30 | 115,000 | 108,395 | ||||||||||
| General Mills, Inc. | 3.20 | 02/10/27 | 130,000 | 128,585 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 2.6% (Continued) | ||||||||||||||
| General Mills, Inc. | 4.20 | 04/17/28 | $ | 230,000 | $ | 230,244 | ||||||||
| General Mills, Inc. | 4.70 | 01/30/27 | 80,000 | 80,621 | ||||||||||
| General Mills, Inc. | 4.88 | 01/30/30 | 120,000 | 122,591 | ||||||||||
| General Mills, Inc. | 5.50 | 10/17/28 | 95,000 | 98,527 | ||||||||||
| Ingredion, Inc. | 2.90 | 06/01/30 | 100,000 | 93,775 | ||||||||||
| J M Smucker Co. | 2.38 | 03/15/30 | 85,000 | 78,812 | ||||||||||
| J M Smucker Co. | 3.38 | 12/15/27 | 75,000 | 74,019 | ||||||||||
| J M Smucker Co. | 5.90 | 11/15/28 | 125,000 | 131,054 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.00 | 02/02/29 | 95,000 | 91,108 | ||||||||||
| Kellanova | 2.10 | 06/01/30 | 85,000 | 77,361 | ||||||||||
| Kellanova | 3.40 | 11/15/27 | 100,000 | 98,892 | ||||||||||
| Kellanova | 4.30 | 05/15/28 | 100,000 | 100,716 | ||||||||||
| Kraft Heinz Foods Co. | 3.75 | 04/01/30 | 120,000 | 116,755 | ||||||||||
| Kraft Heinz Foods Co. | 3.88 | 05/15/27 | 225,000 | 223,979 | ||||||||||
| Kroger Co. | 2.20 | 05/01/30 | 85,000 | 77,987 | ||||||||||
| Kroger Co. | 3.70 | 08/01/27 | 100,000 | 99,559 | ||||||||||
| Kroger Co. | 4.50 | 01/15/29 | 105,000 | 106,215 | ||||||||||
| McCormick & Co., Inc./MD | 2.50 | 04/15/30 | 85,000 | 78,768 | ||||||||||
| McCormick & Co., Inc./MD | 3.40 | 08/15/27 | 105,000 | 103,773 | ||||||||||
| Mondelez International, Inc. | 2.63 | 03/17/27 | 115,000 | 112,824 | ||||||||||
| Mondelez International, Inc. | 2.75 | 04/13/30 | 120,000 | 112,707 | ||||||||||
| Mondelez International, Inc. | 4.25 | 05/06/28 | 120,000 | 120,491 | ||||||||||
| Mondelez International, Inc. | 4.50 | 05/06/30 | 90,000 | 90,729 | ||||||||||
| Mondelez International, Inc. | 4.75 | 02/20/29 | 90,000 | 91,895 | ||||||||||
| Sysco Corp. | 2.40 | 02/15/30 | 85,000 | 78,828 | ||||||||||
| Sysco Corp. | 3.25 | 07/15/27 | 115,000 | 113,504 | ||||||||||
| Sysco Corp. | 5.10 | 09/23/30 | 120,000 | 123,769 | ||||||||||
| Sysco Corp. | 5.75 | 01/17/29 | 75,000 | 78,470 | ||||||||||
| Sysco Corp. | 5.95 | 04/01/30 | 165,000 | 175,010 | ||||||||||
| Tyson Foods, Inc. | 3.55 | 06/02/27 | 220,000 | 217,866 | ||||||||||
| Tyson Foods, Inc. | 4.35 | 03/01/29 | 165,000 | 165,212 | ||||||||||
| Tyson Foods, Inc. | 5.40 | 03/15/29 | 100,000 | 103,237 | ||||||||||
| 4,874,687 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.3% | ||||||||||||||
| Suzano Austria GmbH | 2.50 | 09/15/28 | 100,000 | 94,833 | ||||||||||
| Suzano Austria GmbH | 5.00 | 01/15/30 | 170,000 | 171,318 | ||||||||||
| Suzano Austria GmbH | 6.00 | 01/15/29 | 270,000 | 279,046 | ||||||||||
| 545,197 | ||||||||||||||
| GAS – 0.5% | ||||||||||||||
| National Fuel Gas Co. | 5.50 | 03/15/30 | 85,000 | 87,839 | ||||||||||
| NiSource, Inc. | 2.95 | 09/01/29 | 125,000 | 119,493 | ||||||||||
| NiSource, Inc. | 3.49 | 05/15/27 | 160,000 | 158,649 | ||||||||||
| NiSource, Inc. | 3.60 | 05/01/30 | 165,000 | 159,989 | ||||||||||
| NiSource, Inc. | 5.20 | 07/01/29 | 105,000 | 108,451 | ||||||||||
| NiSource, Inc. | 5.25 | 03/30/28 | 178,000 | 182,415 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GAS – 0.5% (Continued) | ||||||||||||||
| NiSource, Inc. | 6.95 | 11/30/54 | $ | 75,000 | $ | 78,359 | ||||||||
| Piedmont Natural Gas Co., Inc. | 3.50 | 06/01/29 | 100,000 | 97,751 | ||||||||||
| 992,946 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Stanley Black & Decker, Inc. | 2.30 | 03/15/30 | 130,000 | 118,468 | ||||||||||
| Stanley Black & Decker, Inc. | 4.25 | 11/15/28 | 85,000 | 84,946 | ||||||||||
| 203,414 | ||||||||||||||
| HEALTHCARE-PRODUCTS – 1.7% | ||||||||||||||
| Agilent Technologies, Inc. | 2.10 | 06/04/30 | 75,000 | 68,225 | ||||||||||
| Agilent Technologies, Inc. | 2.75 | 09/15/29 | 80,000 | 75,859 | ||||||||||
| Agilent Technologies, Inc. | 4.20 | 09/09/27 | 110,000 | 110,202 | ||||||||||
| Baxter International, Inc. | 1.92 | 02/01/27 | 230,000 | 223,496 | ||||||||||
| Baxter International, Inc. | 2.27 | 12/01/28 | 210,000 | 197,165 | ||||||||||
| Dentsply Sirona, Inc. | 3.25 | 06/01/30 | 120,000 | 111,387 | ||||||||||
| Edwards Lifesciences Corp. | 4.30 | 06/15/28 | 90,000 | 90,238 | ||||||||||
| GE HealthCare Technologies, Inc. | 4.80 | 08/14/29 | 175,000 | 178,574 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.65 | 11/15/27 | 285,000 | 293,424 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.86 | 03/15/30 | 195,000 | 206,620 | ||||||||||
| Revvity, Inc. | 1.90 | 09/15/28 | 75,000 | 70,189 | ||||||||||
| Revvity, Inc. | 3.30 | 09/15/29 | 145,000 | 139,100 | ||||||||||
| Smith & Nephew PLC | 2.03 | 10/14/30 | 170,000 | 152,268 | ||||||||||
| Solventum Corp. | 5.40 | 03/01/29 | 110,775 | 114,415 | ||||||||||
| Stryker Corp. | 1.95 | 06/15/30 | 155,000 | 140,303 | ||||||||||
| Stryker Corp. | 3.65 | 03/07/28 | 100,000 | 99,323 | ||||||||||
| Stryker Corp. | 4.25 | 09/11/29 | 120,000 | 120,612 | ||||||||||
| Stryker Corp. | 4.55 | 02/10/27 | 85,000 | 85,613 | ||||||||||
| Stryker Corp. | 4.70 | 02/10/28 | 115,000 | 116,622 | ||||||||||
| Stryker Corp. | 4.85 | 12/08/28 | 100,000 | 102,363 | ||||||||||
| Stryker Corp. | 4.85 | 02/10/30 | 135,000 | 138,513 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 4.70 | 02/19/27 | 105,000 | 105,709 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.05 | 02/19/30 | 85,000 | 87,437 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.35 | 12/01/28 | 80,000 | 82,745 | ||||||||||
| 3,110,402 | ||||||||||||||
| HEALTHCARE-SERVICES – 4.6% | ||||||||||||||
| Centene Corp. | 2.45 | 07/15/28 | 380,000 | 354,126 | ||||||||||
| Centene Corp. | 3.00 | 10/15/30 | 375,000 | 335,455 | ||||||||||
| Centene Corp. | 3.38 | 02/15/30 | 330,000 | 303,934 | ||||||||||
| Centene Corp. | 4.25 | 12/15/27 | 380,000 | 374,696 | ||||||||||
| Centene Corp. | 4.63 | 12/15/29 | 570,000 | 553,293 | ||||||||||
| Cigna Group | 2.40 | 03/15/30 | 230,000 | 212,750 | ||||||||||
| Cigna Group | 3.05 | 10/15/27 | 100,000 | 98,208 | ||||||||||
| Cigna Group | 3.40 | 03/01/27 | 220,000 | 218,112 | ||||||||||
| Cigna Group | 4.38 | 10/15/28 | 609,000 | 612,840 | ||||||||||
| Cigna Group | 4.50 | 09/15/30 | 165,000 | 165,738 | ||||||||||
| Cigna Group | 5.00 | 05/15/29 | 170,000 | 174,371 | ||||||||||
| Elevance Health, Inc. | 2.25 | 05/15/30 | 180,000 | 164,560 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 4.6% (Continued) | ||||||||||||||
| Elevance Health, Inc. | 2.88 | 09/15/29 | $ | 125,000 | $ | 119,045 | ||||||||
| Elevance Health, Inc. | 3.65 | 12/01/27 | 245,000 | 243,199 | ||||||||||
| Elevance Health, Inc. | 4.00 | 09/15/28 | 120,000 | 119,495 | ||||||||||
| Elevance Health, Inc. | 4.10 | 03/01/28 | 210,000 | 209,845 | ||||||||||
| Elevance Health, Inc. | 4.75 | 02/15/30 | 115,000 | 117,192 | ||||||||||
| Elevance Health, Inc. | 5.15 | 06/15/29 | 110,000 | 113,323 | ||||||||||
| HCA, Inc. | 3.13 | 03/15/27 | 170,000 | 167,819 | ||||||||||
| HCA, Inc. | 3.38 | 03/15/29 | 90,000 | 87,561 | ||||||||||
| HCA, Inc. | 3.50 | 09/01/30 | 445,000 | 427,269 | ||||||||||
| HCA, Inc. | 4.13 | 06/15/29 | 325,000 | 322,652 | ||||||||||
| HCA, Inc. | 4.50 | 02/15/27 | 185,000 | 185,280 | ||||||||||
| HCA, Inc. | 5.00 | 03/01/28 | 110,000 | 112,030 | ||||||||||
| HCA, Inc. | 5.20 | 06/01/28 | 155,000 | 158,700 | ||||||||||
| HCA, Inc. | 5.25 | 03/01/30 | 125,000 | 129,136 | ||||||||||
| HCA, Inc. | 5.63 | 09/01/28 | 255,000 | 263,076 | ||||||||||
| HCA, Inc. | 5.88 | 02/01/29 | 170,000 | 177,065 | ||||||||||
| Humana, Inc. | 1.35 | 02/03/27 | 110,000 | 106,229 | ||||||||||
| Humana, Inc. | 3.13 | 08/15/29 | 70,000 | 66,909 | ||||||||||
| Humana, Inc. | 3.70 | 03/23/29 | 130,000 | 127,266 | ||||||||||
| Humana, Inc. | 4.88 | 04/01/30 | 80,000 | 81,073 | ||||||||||
| Humana, Inc. | 5.75 | 03/01/28 | 80,000 | 82,532 | ||||||||||
| Humana, Inc. | 5.75 | 12/01/28 | 85,000 | 88,432 | ||||||||||
| Icon Investments Six DAC | 5.81 | 05/08/27 | 120,000 | 122,448 | ||||||||||
| Icon Investments Six DAC | 5.85 | 05/08/29 | 125,000 | 130,675 | ||||||||||
| IQVIA, Inc. | 5.70 | 05/15/28 | 120,000 | 123,722 | ||||||||||
| IQVIA, Inc. | 6.25 | 02/01/29 | 215,000 | 226,678 | ||||||||||
| Laboratory Corp. of America Holdings | 2.95 | 12/01/29 | 115,000 | 109,339 | ||||||||||
| Laboratory Corp. of America Holdings | 3.60 | 09/01/27 | 95,000 | 94,323 | ||||||||||
| Laboratory Corp. of America Holdings | 4.35 | 04/01/30 | 110,000 | 110,162 | ||||||||||
| Quest Diagnostics, Inc. | 2.95 | 06/30/30 | 150,000 | 141,425 | ||||||||||
| Quest Diagnostics, Inc. | 4.20 | 06/30/29 | 60,000 | 60,131 | ||||||||||
| Quest Diagnostics, Inc. | 4.63 | 12/15/29 | 90,000 | 91,528 | ||||||||||
| Universal Health Services, Inc. | 2.65 | 10/15/30 | 135,000 | 122,559 | ||||||||||
| Universal Health Services, Inc. | 4.63 | 10/15/29 | 85,000 | 85,226 | ||||||||||
| 8,491,427 | ||||||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Lennar Corp. | 4.75 | 11/29/27 | 115,000 | 115,897 | ||||||||||
| Lennar Corp. | 5.20 | 07/30/30 | 110,000 | 113,128 | ||||||||||
| 229,025 | ||||||||||||||
| HOME FURNISHINGS – 0.1% | ||||||||||||||
| Leggett & Platt, Inc. | 3.50 | 11/15/27 | 85,000 | 83,295 | ||||||||||
| Leggett & Platt, Inc. | 4.40 | 03/15/29 | 80,000 | 78,817 | ||||||||||
| 162,112 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% | ||||||||||||||
| Avery Dennison Corp. | 2.65 | 04/30/30 | 80,000 | 74,610 | ||||||||||
| Avery Dennison Corp. | 4.88 | 12/06/28 | 77,000 | 78,409 | ||||||||||
| Clorox Co. | 1.80 | 05/15/30 | 90,000 | 80,806 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% (Continued) | ||||||||||||||
| Clorox Co. | 3.90 | 05/15/28 | $ | 75,000 | $ | 74,793 | ||||||||
| Clorox Co. | 4.40 | 05/01/29 | 80,000 | 80,760 | ||||||||||
| 389,378 | ||||||||||||||
| INSURANCE – 2.8% | ||||||||||||||
| Aegon Ltd. | 5.50 | 04/11/48 | 135,000 | 136,741 | ||||||||||
| Allstate Corp. | 3.28 | 12/15/26 | 90,000 | 89,213 | ||||||||||
| Allstate Corp. | 5.05 | 06/24/29 | 85,000 | 87,516 | ||||||||||
| American International Group, Inc. | 4.85 | 05/07/30 | 105,000 | 107,378 | ||||||||||
| American National Group, Inc. | 5.00 | 06/15/27 | 80,000 | 80,497 | ||||||||||
| American National Group, Inc. | 5.75 | 10/01/29 | 100,000 | 103,300 | ||||||||||
| Aon Corp. | 2.80 | 05/15/30 | 165,000 | 155,221 | ||||||||||
| Aon Corp. | 3.75 | 05/02/29 | 125,000 | 123,391 | ||||||||||
| Aon Corp. | 8.21 | 01/01/27 | 85,000 | 88,526 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 2.85 | 05/28/27 | 95,000 | 93,265 | ||||||||||
| Aon North America, Inc. | 5.13 | 03/01/27 | 105,000 | 106,335 | ||||||||||
| Aon North America, Inc. | 5.15 | 03/01/29 | 165,000 | 169,849 | ||||||||||
| Arthur J Gallagher & Co. | 4.60 | 12/15/27 | 120,000 | 121,166 | ||||||||||
| Arthur J Gallagher & Co. | 4.85 | 12/15/29 | 125,000 | 127,661 | ||||||||||
| Athene Holding Ltd. | 4.13 | 01/12/28 | 160,000 | 159,570 | ||||||||||
| Athene Holding Ltd. | 6.15 | 04/03/30 | 65,000 | 69,080 | ||||||||||
| Brighthouse Financial, Inc. | 3.70 | 06/22/27 | 120,000 | 118,170 | ||||||||||
| Brighthouse Financial, Inc. | 5.63 | 05/15/30 | 100,000 | 102,157 | ||||||||||
| Brown & Brown, Inc. | 4.70 | 06/23/28 | 75,000 | 75,667 | ||||||||||
| Brown & Brown, Inc. | 4.90 | 06/23/30 | 130,000 | 131,762 | ||||||||||
| CNA Financial Corp. | 2.05 | 08/15/30 | 85,000 | 76,157 | ||||||||||
| CNA Financial Corp. | 3.45 | 08/15/27 | 70,000 | 69,187 | ||||||||||
| CNA Financial Corp. | 3.90 | 05/01/29 | 90,000 | 88,896 | ||||||||||
| CNO Financial Group, Inc. | 5.25 | 05/30/29 | 80,000 | 81,365 | ||||||||||
| Corebridge Financial, Inc. | 3.65 | 04/05/27 | 180,000 | 178,546 | ||||||||||
| Corebridge Financial, Inc. | 3.85 | 04/05/29 | 180,000 | 177,479 | ||||||||||
| Corebridge Financial, Inc. | 6.88 | 12/15/52 | 170,000 | 174,375 | ||||||||||
| Enstar Finance LLC | 5.50 | 01/15/42 | 90,000 | 89,002 | ||||||||||
| Enstar Group Ltd. | 4.95 | 06/01/29 | 80,000 | 80,746 | ||||||||||
| Equitable Holdings, Inc. | 4.35 | 04/20/28 | 195,000 | 195,593 | ||||||||||
| Essent Group Ltd. | 6.25 | 07/01/29 | 85,000 | 89,053 | ||||||||||
| F&G Annuities & Life, Inc. | 6.50 | 06/04/29 | 85,000 | 88,709 | ||||||||||
| Fairfax Financial Holdings Ltd. | 4.63 | 04/29/30 | 105,000 | 105,460 | ||||||||||
| Fairfax Financial Holdings Ltd. | 4.85 | 04/17/28 | 95,000 | 96,265 | ||||||||||
| Fidelity National Financial, Inc. | 3.40 | 06/15/30 | 110,000 | 104,660 | ||||||||||
| Lincoln National Corp. | 3.80 | 03/01/28 | 85,000 | 84,257 | ||||||||||
| MGIC Investment Corp. | 5.25 | 08/15/28 | 100,000 | 100,006 | ||||||||||
| PartnerRe Finance B LLC | 4.50 | 10/01/50 | 85,000 | 80,923 | ||||||||||
| Prudential Financial, Inc. | 3.70 | 10/01/50 | 140,000 | 130,630 | ||||||||||
| Prudential Financial, Inc. | 4.50 | 09/15/47 | 125,000 | 123,304 | ||||||||||
| Prudential Financial, Inc. | 5.70 | 09/15/48 | 155,000 | 156,932 | ||||||||||
| Reinsurance Group of America, Inc. | 3.15 | 06/15/30 | 100,000 | 94,659 | ||||||||||
| Reinsurance Group of America, Inc. | 3.90 | 05/15/29 | 100,000 | 98,915 | ||||||||||
| Willis North America, Inc. | 2.95 | 09/15/29 | 120,000 | 113,960 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 2.8% (Continued) | ||||||||||||||
| Willis North America, Inc. | 4.50 | 09/15/28 | $ | 100,000 | $ | 100,667 | ||||||||
| Willis North America, Inc. | 4.65 | 06/15/27 | 125,000 | 125,843 | ||||||||||
| 5,152,054 | ||||||||||||||
| INTERNET – 0.7% | ||||||||||||||
| AppLovin Corp. | 5.13 | 12/01/29 | 170,000 | 173,665 | ||||||||||
| eBay, Inc. | 2.70 | 03/11/30 | 160,000 | 149,781 | ||||||||||
| eBay, Inc. | 3.60 | 06/05/27 | 125,000 | 124,152 | ||||||||||
| Expedia Group, Inc. | 3.25 | 02/15/30 | 200,000 | 190,925 | ||||||||||
| Expedia Group, Inc. | 3.80 | 02/15/28 | 160,000 | 158,724 | ||||||||||
| Expedia Group, Inc. | 4.63 | 08/01/27 | 125,000 | 125,808 | ||||||||||
| Uber Technologies, Inc. | 4.30 | 01/15/30 | 215,000 | 215,577 | ||||||||||
| VeriSign, Inc. | 4.75 | 07/15/27 | 90,000 | 90,021 | ||||||||||
| Weibo Corp. | 3.38 | 07/08/30 | 120,000 | 114,136 | ||||||||||
| 1,342,789 | ||||||||||||||
| INVESTMENT COMPANIES – 3.1% | ||||||||||||||
| Apollo Debt Solutions BDC | 6.90 | 04/13/29 | 155,000 | 162,301 | ||||||||||
| Ares Capital Corp. | 2.88 | 06/15/27 | 79,000 | 77,060 | ||||||||||
| Ares Capital Corp. | 2.88 | 06/15/28 | 210,000 | 200,003 | ||||||||||
| Ares Capital Corp. | 5.50 | 09/01/30 | 125,000 | 126,117 | ||||||||||
| Ares Capital Corp. | 5.88 | 03/01/29 | 160,000 | 163,865 | ||||||||||
| Ares Capital Corp. | 5.95 | 07/15/29 | 145,000 | 148,842 | ||||||||||
| Ares Capital Corp. | 7.00 | 01/15/27 | 140,000 | 143,840 | ||||||||||
| Ares Strategic Income Fund(1) | 4.85 | 01/15/29 | 100,000 | 98,590 | ||||||||||
| Ares Strategic Income Fund(1) | 5.45 | 09/09/28 | 105,000 | 105,486 | ||||||||||
| Ares Strategic Income Fund | 5.60 | 02/15/30 | 130,000 | 130,854 | ||||||||||
| Ares Strategic Income Fund | 5.70 | 03/15/28 | 150,000 | 151,884 | ||||||||||
| Ares Strategic Income Fund(1) | 5.80 | 09/09/30 | 80,000 | 80,679 | ||||||||||
| Ares Strategic Income Fund | 6.35 | 08/15/29 | 110,000 | 113,440 | ||||||||||
| Blackstone Private Credit Fund | 2.63 | 12/15/26 | 205,000 | 200,587 | ||||||||||
| Blackstone Private Credit Fund | 3.25 | 03/15/27 | 170,000 | 166,823 | ||||||||||
| Blackstone Private Credit Fund | 4.00 | 01/15/29 | 100,000 | 97,238 | ||||||||||
| Blackstone Private Credit Fund | 5.05 | 09/10/30 | 85,000 | 83,584 | ||||||||||
| Blackstone Private Credit Fund | 7.30 | 11/27/28 | 100,000 | 106,305 | ||||||||||
| Blackstone Secured Lending Fund | 2.13 | 02/15/27 | 105,000 | 101,561 | ||||||||||
| Blackstone Secured Lending Fund | 2.85 | 09/30/28 | 100,000 | 94,418 | ||||||||||
| Blackstone Secured Lending Fund | 5.30 | 06/30/30 | 90,000 | 90,019 | ||||||||||
| Blackstone Secured Lending Fund | 5.35 | 04/13/28 | 110,000 | 111,149 | ||||||||||
| Blue Owl Capital Corp. | 2.63 | 01/15/27 | 90,000 | 87,682 | ||||||||||
| Blue Owl Capital Corp. | 2.88 | 06/11/28 | 130,000 | 122,795 | ||||||||||
| Blue Owl Capital Corp. | 5.95 | 03/15/29 | 175,000 | 177,356 | ||||||||||
| Blue Owl Capital Corp. | 6.20 | 07/15/30 | 75,000 | 76,697 | ||||||||||
| Blue Owl Credit Income Corp. | 5.80 | 03/15/30 | 165,000 | 165,985 | ||||||||||
| Blue Owl Credit Income Corp. | 6.60 | 09/15/29 | 155,000 | 160,226 | ||||||||||
| Blue Owl Credit Income Corp. | 7.75 | 09/16/27 | 90,000 | 94,090 | ||||||||||
| Blue Owl Credit Income Corp. | 7.75 | 01/15/29 | 85,000 | 90,533 | ||||||||||
| Blue Owl Credit Income Corp. | 7.95 | 06/13/28 | 105,000 | 111,547 | ||||||||||
| Blue Owl Technology Finance Corp.(1) | 6.10 | 03/15/28 | 100,000 | 100,780 | ||||||||||
| Blue Owl Technology Finance Corp. | 6.75 | 04/04/29 | 125,000 | 127,815 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INVESTMENT COMPANIES – 3.1% (Continued) | ||||||||||||||
| FS KKR Capital Corp. | 3.13 | 10/12/28 | $ | 120,000 | $ | 110,762 | ||||||||
| FS KKR Capital Corp. | 3.25 | 07/15/27 | 95,000 | 91,296 | ||||||||||
| FS KKR Capital Corp. | 6.13 | 01/15/30 | 115,000 | 113,797 | ||||||||||
| FS KKR Capital Corp. | 6.88 | 08/15/29 | 95,000 | 96,392 | ||||||||||
| Goldman Sachs Private Credit Corp.(1) | 6.25 | 05/06/30 | 105,000 | 107,425 | ||||||||||
| Golub Capital BDC, Inc. | 6.00 | 07/15/29 | 125,000 | 126,973 | ||||||||||
| Golub Capital BDC, Inc. | 7.05 | 12/05/28 | 110,000 | 115,419 | ||||||||||
| Golub Capital Private Credit Fund(1) | 5.45 | 08/15/28 | 80,000 | 80,415 | ||||||||||
| Golub Capital Private Credit Fund | 5.88 | 05/01/30 | 85,000 | 86,406 | ||||||||||
| HPS Corporate Lending Fund(1) | 4.90 | 09/11/28 | 100,000 | 99,249 | ||||||||||
| HPS Corporate Lending Fund | 5.45 | 01/14/28 | 125,000 | 125,976 | ||||||||||
| HPS Corporate Lending Fund(1) | 5.85 | 06/05/30 | 80,000 | 80,868 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 90,000 | 93,667 | ||||||||||
| MSD Investment Corp.(1) | 6.25 | 05/31/30 | 85,000 | 85,558 | ||||||||||
| Sixth Street Lending Partners | 5.75 | 01/15/30 | 95,000 | 96,315 | ||||||||||
| Sixth Street Lending Partners(1) | 6.13 | 07/15/30 | 125,000 | 128,431 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 125,000 | 129,548 | ||||||||||
| 5,838,648 | ||||||||||||||
| IRON/STEEL – 0.4% | ||||||||||||||
| ArcelorMittal SA | 4.25 | 07/16/29 | 85,000 | 84,998 | ||||||||||
| ArcelorMittal SA | 6.55 | 11/29/27 | 200,000 | 208,087 | ||||||||||
| Reliance, Inc. | 2.15 | 08/15/30 | 80,000 | 72,271 | ||||||||||
| Steel Dynamics, Inc. | 3.45 | 04/15/30 | 100,000 | 96,397 | ||||||||||
| Vale Overseas Ltd. | 3.75 | 07/08/30 | 250,000 | 241,633 | ||||||||||
| 703,386 | ||||||||||||||
| LEISURE TIME – 0.1% | ||||||||||||||
| Polaris, Inc. | 6.95 | 03/15/29 | 85,000 | 90,447 | ||||||||||
| Royal Caribbean Cruises Ltd. | 3.70 | 03/15/28 | 80,000 | 78,779 | ||||||||||
| 169,226 | ||||||||||||||
| LODGING – 1.2% | ||||||||||||||
| Hyatt Hotels Corp. | 5.05 | 03/30/28 | 85,000 | 86,508 | ||||||||||
| Hyatt Hotels Corp. | 5.25 | 06/30/29 | 100,000 | 102,727 | ||||||||||
| Hyatt Hotels Corp. | 5.75 | 01/30/27 | 95,000 | 96,662 | ||||||||||
| Las Vegas Sands Corp. | 3.90 | 08/08/29 | 120,000 | 116,484 | ||||||||||
| Las Vegas Sands Corp. | 5.63 | 06/15/28 | 170,000 | 173,854 | ||||||||||
| Las Vegas Sands Corp. | 5.90 | 06/01/27 | 125,000 | 127,438 | ||||||||||
| Las Vegas Sands Corp. | 6.00 | 08/15/29 | 75,000 | 78,130 | ||||||||||
| Las Vegas Sands Corp. | 6.00 | 06/14/30 | 90,000 | 94,144 | ||||||||||
| Marriott International, Inc./MD | 4.63 | 06/15/30 | 163,000 | 164,865 | ||||||||||
| Marriott International, Inc./MD | 4.80 | 03/15/30 | 75,000 | 76,483 | ||||||||||
| Marriott International, Inc./MD | 4.88 | 05/15/29 | 85,000 | 86,758 | ||||||||||
| Marriott International, Inc./MD | 4.90 | 04/15/29 | 140,000 | 142,942 | ||||||||||
| Marriott International, Inc./MD | 5.00 | 10/15/27 | 165,000 | 167,658 | ||||||||||
| Marriott International, Inc./MD | 5.55 | 10/15/28 | 115,000 | 119,481 | ||||||||||
| Sands China Ltd. | 2.30 | 03/08/27 | 105,000 | 102,108 | ||||||||||
| Sands China Ltd. | 2.85 | 03/08/29 | 110,000 | 104,215 | ||||||||||
| Sands China Ltd. | 4.38 | 06/18/30 | 110,000 | 108,319 | ||||||||||
| Sands China Ltd. | 5.40 | 08/08/28 | 318,000 | 324,796 | ||||||||||
| 2,273,572 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MACHINERY-DIVERSIFIED – 1.4% | ||||||||||||||
| CNH Industrial Capital LLC | 4.50 | 10/08/27 | $ | 90,000 | $ | 90,626 | ||||||||
| CNH Industrial Capital LLC | 4.50 | 10/16/30 | 85,000 | 84,898 | ||||||||||
| CNH Industrial Capital LLC | 4.55 | 04/10/28 | 100,000 | 100,718 | ||||||||||
| CNH Industrial Capital LLC | 4.75 | 03/21/28 | 85,000 | 86,064 | ||||||||||
| CNH Industrial Capital LLC | 5.10 | 04/20/29 | 100,000 | 102,400 | ||||||||||
| CNH Industrial Capital LLC | 5.50 | 01/12/29 | 75,000 | 77,635 | ||||||||||
| CNH Industrial NV | 3.85 | 11/15/27 | 80,000 | 79,631 | ||||||||||
| Flowserve Corp. | 3.50 | 10/01/30 | 85,000 | 81,005 | ||||||||||
| IDEX Corp. | 3.00 | 05/01/30 | 85,000 | 80,273 | ||||||||||
| IDEX Corp. | 4.95 | 09/01/29 | 85,000 | 86,925 | ||||||||||
| Ingersoll Rand, Inc. | 5.18 | 06/15/29 | 125,000 | 129,206 | ||||||||||
| Ingersoll Rand, Inc. | 5.20 | 06/15/27 | 110,000 | 111,714 | ||||||||||
| Ingersoll Rand, Inc. | 5.40 | 08/14/28 | 85,000 | 87,875 | ||||||||||
| Nordson Corp. | 4.50 | 12/15/29 | 95,000 | 95,781 | ||||||||||
| Otis Worldwide Corp. | 2.29 | 04/05/27 | 70,000 | 68,332 | ||||||||||
| Otis Worldwide Corp. | 2.57 | 02/15/30 | 250,000 | 233,280 | ||||||||||
| Otis Worldwide Corp. | 5.25 | 08/16/28 | 130,000 | 133,909 | ||||||||||
| Regal Rexnord Corp. | 6.05 | 04/15/28 | 195,000 | 201,666 | ||||||||||
| Regal Rexnord Corp. | 6.30 | 02/15/30 | 170,000 | 179,959 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 3.45 | 11/15/26 | 110,000 | 109,222 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 4.70 | 09/15/28 | 230,000 | 232,775 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 4.90 | 05/29/30 | 70,000 | 71,628 | ||||||||||
| Xylem, Inc./NY | 1.95 | 01/30/28 | 80,000 | 76,483 | ||||||||||
| Xylem, Inc./NY | 3.25 | 11/01/26 | 80,000 | 79,309 | ||||||||||
| 2,681,314 | ||||||||||||||
| MEDIA – 1.0% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.25 | 01/15/29 | 205,000 | 190,816 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.75 | 02/15/28 | 160,000 | 157,658 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.20 | 03/15/28 | 205,000 | 203,964 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.05 | 03/30/29 | 210,000 | 212,121 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.10 | 06/01/29 | 245,000 | 256,372 | ||||||||||
| FactSet Research Systems, Inc. | 2.90 | 03/01/27 | 80,000 | 78,643 | ||||||||||
| Fox Corp. | 3.50 | 04/08/30 | 90,000 | 86,998 | ||||||||||
| Fox Corp. | 4.71 | 01/25/29 | 340,000 | 344,134 | ||||||||||
| Paramount Global | 2.90 | 01/15/27 | 100,000 | 98,191 | ||||||||||
| Paramount Global | 3.38 | 02/15/28 | 75,000 | 73,073 | ||||||||||
| Paramount Global | 4.20 | 06/01/29 | 85,000 | 83,296 | ||||||||||
| Paramount Global | 7.88 | 07/30/30 | 135,000 | 149,357 | ||||||||||
| 1,934,623 | ||||||||||||||
| MINING – 0.2% | ||||||||||||||
| AngloGold Ashanti Holdings PLC | 3.38 | 11/01/28 | 120,000 | 116,586 | ||||||||||
| AngloGold Ashanti Holdings PLC | 3.75 | 10/01/30 | 120,000 | 114,826 | ||||||||||
| Freeport-McMoRan, Inc. | 4.63 | 08/01/30 | 90,000 | 90,127 | ||||||||||
| 321,539 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MISCELLANEOUS MANUFACTURER – 0.1% | ||||||||||||||
| Teledyne Technologies, Inc. | 2.25 | 04/01/28 | $ | 120,000 | $ | 114,862 | ||||||||
| Textron, Inc. | 3.00 | 06/01/30 | 95,000 | 89,584 | ||||||||||
| 204,446 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.3% | ||||||||||||||
| CDW LLC/CDW Finance Corp. | 2.67 | 12/01/26 | 155,000 | 152,260 | ||||||||||
| CDW LLC/CDW Finance Corp. | 3.25 | 02/15/29 | 115,000 | 110,230 | ||||||||||
| CDW LLC/CDW Finance Corp. | 3.28 | 12/01/28 | 85,000 | 82,132 | ||||||||||
| CDW LLC/CDW Finance Corp. | 4.25 | 04/01/28 | 95,000 | 94,462 | ||||||||||
| CDW LLC/CDW Finance Corp. | 5.10 | 03/01/30 | 95,000 | 96,809 | ||||||||||
| 535,893 | ||||||||||||||
| OIL & GAS – 2.4% | ||||||||||||||
| Canadian Natural Resources Ltd. | 2.95 | 07/15/30 | 80,000 | 75,058 | ||||||||||
| Canadian Natural Resources Ltd. | 3.85 | 06/01/27 | 205,000 | 203,873 | ||||||||||
| Canadian Natural Resources Ltd.(1) | 5.00 | 12/15/29 | 120,000 | 122,566 | ||||||||||
| Continental Resources, Inc. | 4.38 | 01/15/28 | 165,000 | 164,293 | ||||||||||
| Coterra Energy, Inc. | 3.90 | 05/15/27 | 115,000 | 114,472 | ||||||||||
| Devon Energy Corp. | 4.50 | 01/15/30 | 100,000 | 100,212 | ||||||||||
| Diamondback Energy, Inc. | 3.25 | 12/01/26 | 120,000 | 118,967 | ||||||||||
| Diamondback Energy, Inc. | 3.50 | 12/01/29 | 165,000 | 159,393 | ||||||||||
| Diamondback Energy, Inc. | 5.15 | 01/30/30 | 145,000 | 148,900 | ||||||||||
| Diamondback Energy, Inc. | 5.20 | 04/18/27 | 150,000 | 152,077 | ||||||||||
| EQT Corp. | 3.90 | 10/01/27 | 158,000 | 156,951 | ||||||||||
| EQT Corp. | 4.50 | 01/15/29 | 115,000 | 114,997 | ||||||||||
| EQT Corp. | 5.70 | 04/01/28 | 80,000 | 82,671 | ||||||||||
| EQT Corp. | 6.38 | 04/01/29 | 95,000 | 98,320 | ||||||||||
| EQT Corp. | 7.00 | 02/01/30 | 115,000 | 124,858 | ||||||||||
| Expand Energy Corp. | 5.38 | 02/01/29 | 110,000 | 110,084 | ||||||||||
| Expand Energy Corp. | 5.38 | 03/15/30 | 195,000 | 197,870 | ||||||||||
| Marathon Petroleum Corp. | 5.13 | 12/15/26 | 110,000 | 110,935 | ||||||||||
| Marathon Petroleum Corp. | 5.15 | 03/01/30 | 180,000 | 185,024 | ||||||||||
| Occidental Petroleum Corp. | 5.00 | 08/01/27 | 90,000 | 91,305 | ||||||||||
| Occidental Petroleum Corp. | 5.20 | 08/01/29 | 205,000 | 209,447 | ||||||||||
| Occidental Petroleum Corp. | 6.38 | 09/01/28 | 105,000 | 110,058 | ||||||||||
| Occidental Petroleum Corp. | 6.63 | 09/01/30 | 240,000 | 257,597 | ||||||||||
| Occidental Petroleum Corp. | 8.88 | 07/15/30 | 155,000 | 179,189 | ||||||||||
| Ovintiv, Inc. | 5.65 | 05/15/28 | 110,000 | 113,117 | ||||||||||
| Phillips 66 Co. | 3.15 | 12/15/29 | 85,000 | 81,363 | ||||||||||
| Phillips 66 Co. | 3.90 | 03/15/28 | 140,000 | 139,122 | ||||||||||
| Phillips 66 Co. | 4.95 | 12/01/27 | 125,000 | 127,020 | ||||||||||
| Valero Energy Corp. | 2.15 | 09/15/27 | 100,000 | 96,439 | ||||||||||
| Valero Energy Corp. | 4.35 | 06/01/28 | 105,000 | 105,409 | ||||||||||
| Valero Energy Corp. | 5.15 | 02/15/30 | 95,000 | 97,745 | ||||||||||
| Viper Energy Partners LLC | 4.90 | 08/01/30 | 85,000 | 85,616 | ||||||||||
| Woodside Finance Ltd. | 4.90 | 05/19/28 | 85,000 | 86,226 | ||||||||||
| Woodside Finance Ltd. | 5.40 | 05/19/30 | 205,000 | 210,675 | ||||||||||
| 4,531,849 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS SERVICES – 0.1% | ||||||||||||||
| Halliburton Co. | 2.92 | 03/01/30 | $ | 155,000 | $ | 146,369 | ||||||||
| NOV, Inc. | 3.60 | 12/01/29 | 90,000 | 87,227 | ||||||||||
| 233,596 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.6% | ||||||||||||||
| Amcor Flexibles North America, Inc. | 2.63 | 06/19/30 | 115,000 | 106,331 | ||||||||||
| Amcor Flexibles North America, Inc. | 4.80 | 03/17/28 | 105,000 | 106,362 | ||||||||||
| Amcor Flexibles North America, Inc. | 5.10 | 03/17/30 | 125,000 | 128,344 | ||||||||||
| Amcor Group Finance PLC | 5.45 | 05/23/29 | 75,000 | 77,441 | ||||||||||
| Packaging Corp. of America | 3.00 | 12/15/29 | 85,000 | 81,306 | ||||||||||
| Packaging Corp. of America | 3.40 | 12/15/27 | 85,000 | 83,967 | ||||||||||
| Smurfit Kappa Treasury ULC | 5.20 | 01/15/30 | 120,000 | 123,736 | ||||||||||
| Sonoco Products Co. | 3.13 | 05/01/30 | 90,000 | 85,010 | ||||||||||
| Sonoco Products Co. | 4.60 | 09/01/29 | 100,000 | 100,648 | ||||||||||
| WRKCo, Inc. | 3.90 | 06/01/28 | 75,000 | 74,360 | ||||||||||
| WRKCo, Inc. | 4.00 | 03/15/28 | 95,000 | 94,612 | ||||||||||
| WRKCo, Inc. | 4.90 | 03/15/29 | 125,000 | 127,395 | ||||||||||
| 1,189,512 | ||||||||||||||
| PHARMACEUTICALS – 3.2% | ||||||||||||||
| Becton Dickinson & Co. | 2.82 | 05/20/30 | 125,000 | 117,366 | ||||||||||
| Becton Dickinson & Co. | 3.70 | 06/06/27 | 288,000 | 286,132 | ||||||||||
| Becton Dickinson & Co. | 4.69 | 02/13/28 | 125,000 | 126,401 | ||||||||||
| Becton Dickinson & Co. | 4.87 | 02/08/29 | 105,000 | 106,961 | ||||||||||
| Becton Dickinson & Co. | 5.08 | 06/07/29 | 100,000 | 102,676 | ||||||||||
| Cardinal Health, Inc. | 3.41 | 06/15/27 | 195,000 | 193,060 | ||||||||||
| Cardinal Health, Inc. | 4.50 | 09/15/30 | 105,000 | 105,635 | ||||||||||
| Cardinal Health, Inc. | 4.70 | 11/15/26 | 85,000 | 85,594 | ||||||||||
| Cardinal Health, Inc. | 5.00 | 11/15/29 | 130,000 | 133,511 | ||||||||||
| Cardinal Health, Inc. | 5.13 | 02/15/29 | 105,000 | 107,956 | ||||||||||
| Cencora, Inc. | 2.80 | 05/15/30 | 80,000 | 75,222 | ||||||||||
| Cencora, Inc. | 3.45 | 12/15/27 | 130,000 | 128,360 | ||||||||||
| Cencora, Inc. | 4.63 | 12/15/27 | 80,000 | 80,932 | ||||||||||
| Cencora, Inc. | 4.85 | 12/15/29 | 100,000 | 102,231 | ||||||||||
| CVS Health Corp. | 1.30 | 08/21/27 | 360,000 | 342,037 | ||||||||||
| CVS Health Corp. | 1.75 | 08/21/30 | 205,000 | 180,832 | ||||||||||
| CVS Health Corp. | 3.25 | 08/15/29 | 285,000 | 274,064 | ||||||||||
| CVS Health Corp. | 3.63 | 04/01/27 | 130,000 | 128,956 | ||||||||||
| CVS Health Corp. | 3.75 | 04/01/30 | 245,000 | 238,281 | ||||||||||
| CVS Health Corp. | 4.30 | 03/25/28 | 820,000 | 821,355 | ||||||||||
| CVS Health Corp. | 5.00 | 01/30/29 | 165,000 | 168,479 | ||||||||||
| CVS Health Corp. | 5.13 | 02/21/30 | 245,000 | 251,639 | ||||||||||
| CVS Health Corp. | 5.40 | 06/01/29 | 175,000 | 181,045 | ||||||||||
| Mylan, Inc. | 4.55 | 04/15/28 | 125,000 | 124,499 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 2.05 | 03/31/30 | 410,000 | 373,804 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.00 | 11/26/28 | 285,000 | 291,368 | ||||||||||
| Viatris, Inc. | 2.30 | 06/22/27 | 125,000 | 120,261 | ||||||||||
| Viatris, Inc. | 2.70 | 06/22/30 | 240,000 | 217,128 | ||||||||||
| Zoetis, Inc. | 2.00 | 05/15/30 | 120,000 | 109,381 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PHARMACEUTICALS – 3.2% (Continued) | ||||||||||||||
| Zoetis, Inc. | 3.00 | 09/12/27 | $ | 125,000 | $ | 122,959 | ||||||||
| Zoetis, Inc. | 3.90 | 08/20/28 | 80,000 | 79,863 | ||||||||||
| Zoetis, Inc. | 4.15 | 08/17/28 | 145,000 | 145,615 | ||||||||||
| 5,923,603 | ||||||||||||||
| PIPELINES – 6.2% | ||||||||||||||
| Boardwalk Pipelines LP | 4.45 | 07/15/27 | 95,000 | 95,261 | ||||||||||
| Boardwalk Pipelines LP | 4.80 | 05/03/29 | 70,000 | 70,957 | ||||||||||
| Cheniere Corpus Christi Holdings LLC | 3.70 | 11/15/29 | 180,000 | 175,471 | ||||||||||
| Cheniere Corpus Christi Holdings LLC | 5.13 | 06/30/27 | 205,000 | 207,146 | ||||||||||
| Cheniere Energy Partners LP | 4.50 | 10/01/29 | 250,000 | 250,028 | ||||||||||
| Cheniere Energy, Inc. | 4.63 | 10/15/28 | 245,000 | 244,776 | ||||||||||
| DCP Midstream Operating LP | 5.13 | 05/15/29 | 95,000 | 97,173 | ||||||||||
| DCP Midstream Operating LP | 5.63 | 07/15/27 | 90,000 | 91,907 | ||||||||||
| Enbridge, Inc. | 3.13 | 11/15/29 | 175,000 | 167,175 | ||||||||||
| Enbridge, Inc. | 3.70 | 07/15/27 | 120,000 | 119,091 | ||||||||||
| Enbridge, Inc. | 4.25 | 12/01/26 | 140,000 | 140,026 | ||||||||||
| Enbridge, Inc. | 4.90 | 06/20/30 | 100,000 | 102,307 | ||||||||||
| Enbridge, Inc. | 5.25 | 04/05/27 | 115,000 | 116,732 | ||||||||||
| Enbridge, Inc. | 5.30 | 04/05/29 | 115,000 | 118,640 | ||||||||||
| Enbridge, Inc. | 5.90 | 11/15/26 | 125,000 | 127,093 | ||||||||||
| Enbridge, Inc. | 6.00 | 11/15/28 | 125,000 | 131,373 | ||||||||||
| Enbridge, Inc. | 7.38 | 03/15/55 | 80,000 | 85,158 | ||||||||||
| Energy Transfer LP | 3.75 | 05/15/30 | 240,000 | 233,120 | ||||||||||
| Energy Transfer LP | 4.00 | 10/01/27 | 130,000 | 129,494 | ||||||||||
| Energy Transfer LP | 4.15 | 09/15/29 | 90,000 | 89,332 | ||||||||||
| Energy Transfer LP | 4.20 | 04/15/27 | 105,000 | 104,922 | ||||||||||
| Energy Transfer LP | 4.40 | 03/15/27 | 110,000 | 110,197 | ||||||||||
| Energy Transfer LP | 4.95 | 05/15/28 | 140,000 | 142,130 | ||||||||||
| Energy Transfer LP | 4.95 | 06/15/28 | 140,000 | 142,179 | ||||||||||
| Energy Transfer LP | 5.20 | 04/01/30 | 120,000 | 123,757 | ||||||||||
| Energy Transfer LP | 5.25 | 04/15/29 | 255,000 | 262,237 | ||||||||||
| Energy Transfer LP | 5.25 | 07/01/29 | 160,000 | 164,709 | ||||||||||
| Energy Transfer LP | 5.50 | 06/01/27 | 160,000 | 162,576 | ||||||||||
| Energy Transfer LP | 5.55 | 02/15/28 | 175,000 | 179,970 | ||||||||||
| Energy Transfer LP | 6.05 | 12/01/26 | 155,000 | 157,648 | ||||||||||
| Energy Transfer LP | 6.10 | 12/01/28 | 90,000 | 94,554 | ||||||||||
| Enterprise Products Operating LLC | 5.25 | 08/16/77 | 160,000 | 159,878 | ||||||||||
| Enterprise Products Operating LLC | 5.38 | 02/15/78 | 115,000 | 114,688 | ||||||||||
| Kinder Morgan, Inc. | 1.75 | 11/15/26 | 90,000 | 87,932 | ||||||||||
| Kinder Morgan, Inc. | 4.30 | 03/01/28 | 198,000 | 198,776 | ||||||||||
| Kinder Morgan, Inc. | 5.00 | 02/01/29 | 205,000 | 209,594 | ||||||||||
| Kinder Morgan, Inc. | 5.10 | 08/01/29 | 80,000 | 82,171 | ||||||||||
| Kinder Morgan, Inc. | 5.15 | 06/01/30 | 185,000 | 190,843 | ||||||||||
| MPLX LP | 2.65 | 08/15/30 | 245,000 | 225,618 | ||||||||||
| MPLX LP | 4.00 | 03/15/28 | 200,000 | 199,112 | ||||||||||
| MPLX LP | 4.13 | 03/01/27 | 200,000 | 199,695 | ||||||||||
| MPLX LP | 4.25 | 12/01/27 | 125,000 | 125,216 | ||||||||||
| MPLX LP | 4.80 | 02/15/29 | 125,000 | 126,952 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 6.2% (Continued) | ||||||||||||||
| ONEOK, Inc. | 3.10 | 03/15/30 | $ | 130,000 | $ | 123,161 | ||||||||
| ONEOK, Inc. | 3.25 | 06/01/30 | 90,000 | 85,369 | ||||||||||
| ONEOK, Inc. | 3.40 | 09/01/29 | 120,000 | 115,768 | ||||||||||
| ONEOK, Inc. | 4.00 | 07/13/27 | 65,000 | 64,788 | ||||||||||
| ONEOK, Inc. | 4.25 | 09/24/27 | 205,000 | 205,297 | ||||||||||
| ONEOK, Inc. | 4.35 | 03/15/29 | 105,000 | 104,925 | ||||||||||
| ONEOK, Inc. | 4.40 | 10/15/29 | 100,000 | 99,969 | ||||||||||
| ONEOK, Inc. | 4.55 | 07/15/28 | 135,000 | 135,995 | ||||||||||
| ONEOK, Inc. | 5.55 | 11/01/26 | 120,000 | 121,446 | ||||||||||
| ONEOK, Inc. | 5.65 | 11/01/28 | 125,000 | 129,594 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 3.55 | 12/15/29 | 160,000 | 154,947 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 3.80 | 09/15/30 | 135,000 | 130,566 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.50 | 12/15/26 | 115,000 | 115,242 | ||||||||||
| Sabine Pass Liquefaction LLC | 4.20 | 03/15/28 | 220,000 | 220,114 | ||||||||||
| Sabine Pass Liquefaction LLC | 4.50 | 05/15/30 | 330,000 | 331,227 | ||||||||||
| Sabine Pass Liquefaction LLC | 5.00 | 03/15/27 | 255,000 | 256,552 | ||||||||||
| South Bow USA Infrastructure Holdings LLC | 4.91 | 09/01/27 | 110,000 | 110,907 | ||||||||||
| South Bow USA Infrastructure Holdings LLC | 5.03 | 10/01/29 | 160,000 | 161,601 | ||||||||||
| Targa Resources Corp. | 4.90 | 09/15/30 | 130,000 | 131,903 | ||||||||||
| Targa Resources Corp. | 5.20 | 07/01/27 | 125,000 | 126,952 | ||||||||||
| Targa Resources Corp. | 6.15 | 03/01/29 | 155,000 | 163,121 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.00 | 01/15/28 | 105,000 | 105,106 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 5.50 | 03/01/30 | 160,000 | 162,383 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 6.88 | 01/15/29 | 100,000 | 101,657 | ||||||||||
| TC PipeLines LP | 3.90 | 05/25/27 | 80,000 | 79,631 | ||||||||||
| TransCanada PipeLines Ltd. | 4.10 | 04/15/30 | 200,000 | 197,268 | ||||||||||
| TransCanada PipeLines Ltd. | 4.25 | 05/15/28 | 220,000 | 220,038 | ||||||||||
| TransCanada PipeLines Ltd. | 7.00 | 06/01/65 | 135,000 | 139,372 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 3.25 | 05/15/30 | 110,000 | 105,033 | ||||||||||
| Western Midstream Operating LP | 4.05 | 02/01/30 | 165,000 | 161,050 | ||||||||||
| Western Midstream Operating LP | 6.35 | 01/15/29 | 110,000 | 115,750 | ||||||||||
| Williams Cos, Inc. | 3.75 | 06/15/27 | 235,000 | 233,658 | ||||||||||
| Williams Cos, Inc. | 4.63 | 06/30/30 | 120,000 | 120,907 | ||||||||||
| Williams Cos, Inc. | 4.90 | 03/15/29 | 185,000 | 188,469 | ||||||||||
| Williams Cos, Inc. | 5.30 | 08/15/28 | 155,000 | 159,617 | ||||||||||
| 11,536,997 | ||||||||||||||
| REAL ESTATE – 0.1% | ||||||||||||||
| CBRE Services, Inc. | 4.80 | 06/15/30 | 100,000 | 101,570 | ||||||||||
| CBRE Services, Inc. | 5.50 | 04/01/29 | 70,000 | 72,579 | ||||||||||
| 174,149 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 4.9% | ||||||||||||||
| American Homes 4 Rent LP | 4.25 | 02/15/28 | 80,000 | 80,129 | ||||||||||
| American Homes 4 Rent LP | 4.95 | 06/15/30 | 110,000 | 112,173 | ||||||||||
| American Tower Corp. | 1.50 | 01/31/28 | 110,000 | 103,821 | ||||||||||
| American Tower Corp. | 1.88 | 10/15/30 | 135,000 | 119,678 | ||||||||||
| American Tower Corp. | 2.10 | 06/15/30 | 120,000 | 108,523 | ||||||||||
| American Tower Corp. | 2.75 | 01/15/27 | 125,000 | 122,940 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 4.9% (Continued) | ||||||||||||||
| American Tower Corp. | 2.90 | 01/15/30 | $ | 125,000 | $ | 118,088 | ||||||||
| American Tower Corp. | 3.55 | 07/15/27 | 130,000 | 128,757 | ||||||||||
| American Tower Corp. | 3.60 | 01/15/28 | 110,000 | 108,765 | ||||||||||
| American Tower Corp. | 3.65 | 03/15/27 | 105,000 | 104,269 | ||||||||||
| American Tower Corp. | 3.80 | 08/15/29 | 275,000 | 269,993 | ||||||||||
| American Tower Corp. | 3.95 | 03/15/29 | 90,000 | 89,134 | ||||||||||
| American Tower Corp. | 4.90 | 03/15/30 | 140,000 | 142,919 | ||||||||||
| American Tower Corp. | 5.00 | 01/31/30 | 105,000 | 107,598 | ||||||||||
| American Tower Corp. | 5.20 | 02/15/29 | 110,000 | 112,988 | ||||||||||
| American Tower Corp. | 5.25 | 07/15/28 | 100,000 | 102,740 | ||||||||||
| American Tower Corp. | 5.50 | 03/15/28 | 105,000 | 108,009 | ||||||||||
| American Tower Corp. | 5.80 | 11/15/28 | 130,000 | 135,660 | ||||||||||
| Boston Properties LP | 2.90 | 03/15/30 | 110,000 | 102,567 | ||||||||||
| Boston Properties LP | 3.40 | 06/21/29 | 140,000 | 134,741 | ||||||||||
| Boston Properties LP | 4.50 | 12/01/28 | 170,000 | 170,337 | ||||||||||
| Boston Properties LP | 6.75 | 12/01/27 | 115,000 | 120,355 | ||||||||||
| Brixmor Operating Partnership LP | 4.05 | 07/01/30 | 130,000 | 127,613 | ||||||||||
| Brixmor Operating Partnership LP | 4.13 | 05/15/29 | 125,000 | 123,919 | ||||||||||
| Cousins Properties LP | 5.25 | 07/15/30 | 95,000 | 97,167 | ||||||||||
| Crown Castle, Inc. | 2.90 | 03/15/27 | 120,000 | 117,832 | ||||||||||
| Crown Castle, Inc. | 3.10 | 11/15/29 | 95,000 | 90,415 | ||||||||||
| Crown Castle, Inc. | 3.30 | 07/01/30 | 120,000 | 113,812 | ||||||||||
| Crown Castle, Inc. | 3.65 | 09/01/27 | 175,000 | 173,241 | ||||||||||
| Crown Castle, Inc. | 3.80 | 02/15/28 | 160,000 | 158,310 | ||||||||||
| Crown Castle, Inc. | 4.00 | 03/01/27 | 70,000 | 69,791 | ||||||||||
| Crown Castle, Inc. | 4.30 | 02/15/29 | 85,000 | 84,672 | ||||||||||
| Crown Castle, Inc. | 4.80 | 09/01/28 | 115,000 | 116,450 | ||||||||||
| Crown Castle, Inc. | 4.90 | 09/01/29 | 90,000 | 91,313 | ||||||||||
| Crown Castle, Inc. | 5.00 | 01/11/28 | 170,000 | 172,375 | ||||||||||
| Crown Castle, Inc. | 5.60 | 06/01/29 | 125,000 | 129,900 | ||||||||||
| CubeSmart LP | 2.25 | 12/15/28 | 90,000 | 84,939 | ||||||||||
| Digital Realty Trust LP | 3.60 | 07/01/29 | 155,000 | 151,419 | ||||||||||
| Digital Realty Trust LP | 3.70 | 08/15/27 | 165,000 | 163,892 | ||||||||||
| Digital Realty Trust LP | 4.45 | 07/15/28 | 100,000 | 100,665 | ||||||||||
| Digital Realty Trust LP | 5.55 | 01/15/28 | 145,000 | 149,071 | ||||||||||
| EPR Properties | 3.75 | 08/15/29 | 80,000 | 77,072 | ||||||||||
| Equinix, Inc. | 1.55 | 03/15/28 | 110,000 | 103,652 | ||||||||||
| Equinix, Inc. | 1.80 | 07/15/27 | 85,000 | 81,735 | ||||||||||
| Equinix, Inc. | 2.15 | 07/15/30 | 175,000 | 158,404 | ||||||||||
| Equinix, Inc. | 2.90 | 11/18/26 | 90,000 | 88,849 | ||||||||||
| Equinix, Inc. | 3.20 | 11/18/29 | 205,000 | 196,640 | ||||||||||
| Essex Portfolio LP | 3.00 | 01/15/30 | 105,000 | 99,494 | ||||||||||
| Essex Portfolio LP | 4.00 | 03/01/29 | 80,000 | 79,384 | ||||||||||
| Extra Space Storage LP | 5.50 | 07/01/30 | 135,000 | 140,646 | ||||||||||
| Extra Space Storage LP | 5.70 | 04/01/28 | 110,000 | 113,589 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 4.00 | 01/15/30 | 125,000 | 120,947 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.30 | 01/15/29 | 120,000 | 122,346 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 4.9% (Continued) | ||||||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.75 | 06/01/28 | $ | 70,000 | $ | 71,993 | ||||||||
| Healthcare Realty Holdings LP | 3.10 | 02/15/30 | 105,000 | 99,181 | ||||||||||
| Healthcare Realty Holdings LP | 3.75 | 07/01/27 | 85,000 | 84,323 | ||||||||||
| Healthpeak OP LLC | 2.13 | 12/01/28 | 80,000 | 75,044 | ||||||||||
| Healthpeak OP LLC | 3.00 | 01/15/30 | 130,000 | 123,020 | ||||||||||
| Healthpeak OP LLC | 3.50 | 07/15/29 | 120,000 | 116,429 | ||||||||||
| Host Hotels & Resorts LP | 3.38 | 12/15/29 | 110,000 | 104,649 | ||||||||||
| Host Hotels & Resorts LP | 3.50 | 09/15/30 | 140,000 | 131,982 | ||||||||||
| Invitation Homes Operating Partnership LP | 2.30 | 11/15/28 | 90,000 | 85,152 | ||||||||||
| Kilroy Realty LP | 3.05 | 02/15/30 | 80,000 | 73,802 | ||||||||||
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | 5.50 | 08/01/30 | 75,000 | 76,480 | ||||||||||
| Lineage OP LP(1) | 5.25 | 07/15/30 | 80,000 | 81,056 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.63 | 10/01/29 | 85,000 | 81,705 | ||||||||||
| Omega Healthcare Investors, Inc. | 4.50 | 04/01/27 | 115,000 | 115,403 | ||||||||||
| Omega Healthcare Investors, Inc. | 4.75 | 01/15/28 | 90,000 | 90,634 | ||||||||||
| Omega Healthcare Investors, Inc. | 5.20 | 07/01/30 | 95,000 | 96,415 | ||||||||||
| Piedmont Operating Partnership LP | 9.25 | 07/20/28 | 90,000 | 99,645 | ||||||||||
| UDR, Inc. | 3.20 | 01/15/30 | 95,000 | 90,980 | ||||||||||
| Ventas Realty LP | 3.00 | 01/15/30 | 110,000 | 104,256 | ||||||||||
| Ventas Realty LP | 4.00 | 03/01/28 | 100,000 | 99,599 | ||||||||||
| Ventas Realty LP | 4.40 | 01/15/29 | 120,000 | 120,338 | ||||||||||
| VICI Properties LP | 4.75 | 02/15/28 | 210,000 | 211,908 | ||||||||||
| VICI Properties LP | 4.95 | 02/15/30 | 160,000 | 161,767 | ||||||||||
| Weyerhaeuser Co. | 4.00 | 11/15/29 | 120,000 | 118,627 | ||||||||||
| Weyerhaeuser Co. | 4.00 | 04/15/30 | 125,000 | 123,314 | ||||||||||
| 9,041,440 | ||||||||||||||
| RETAIL – 3.1% | ||||||||||||||
| AutoNation, Inc. | 4.75 | 06/01/30 | 90,000 | 90,322 | ||||||||||
| AutoZone, Inc. | 3.75 | 06/01/27 | 95,000 | 94,475 | ||||||||||
| AutoZone, Inc. | 4.00 | 04/15/30 | 130,000 | 128,502 | ||||||||||
| AutoZone, Inc. | 5.10 | 07/15/29 | 100,000 | 102,877 | ||||||||||
| AutoZone, Inc. | 5.13 | 06/15/30 | 80,000 | 82,602 | ||||||||||
| AutoZone, Inc. | 6.25 | 11/01/28 | 90,000 | 95,235 | ||||||||||
| Best Buy Co., Inc. | 1.95 | 10/01/30 | 110,000 | 97,889 | ||||||||||
| Best Buy Co., Inc. | 4.45 | 10/01/28 | 85,000 | 85,727 | ||||||||||
| Darden Restaurants, Inc. | 3.85 | 05/01/27 | 80,000 | 79,694 | ||||||||||
| Dollar General Corp. | 3.50 | 04/03/30 | 160,000 | 153,953 | ||||||||||
| Dollar General Corp. | 4.13 | 05/01/28 | 90,000 | 89,750 | ||||||||||
| Dollar General Corp. | 4.63 | 11/01/27 | 95,000 | 95,757 | ||||||||||
| Dollar General Corp. | 5.20 | 07/05/28 | 75,000 | 76,747 | ||||||||||
| Dollar Tree, Inc. | 4.20 | 05/15/28 | 205,000 | 204,221 | ||||||||||
| Genuine Parts Co. | 4.95 | 08/15/29 | 120,000 | 121,367 | ||||||||||
| Lowe’s Cos, Inc. | 1.30 | 04/15/28 | 170,000 | 159,300 | ||||||||||
| Lowe’s Cos, Inc. | 1.70 | 09/15/28 | 165,000 | 154,611 | ||||||||||
| Lowe’s Cos, Inc. | 1.70 | 10/15/30 | 205,000 | 180,953 | ||||||||||
| Lowe’s Cos, Inc. | 3.10 | 05/03/27 | 230,000 | 226,865 | ||||||||||
| Lowe’s Cos, Inc. | 3.35 | 04/01/27 | 130,000 | 128,818 | ||||||||||
| Lowe’s Cos, Inc. | 3.65 | 04/05/29 | 245,000 | 240,947 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| RETAIL – 3.1% (Continued) | ||||||||||||||
| Lowe’s Cos, Inc. | 3.95 | 10/15/27 | $ | 100,000 | $ | 99,878 | ||||||||
| Lowe’s Cos, Inc. | 4.00 | 10/15/28 | 130,000 | 129,759 | ||||||||||
| Lowe’s Cos, Inc. | 4.50 | 04/15/30 | 195,000 | 197,288 | ||||||||||
| McDonald’s Corp. | 2.13 | 03/01/30 | 120,000 | 110,226 | ||||||||||
| McDonald’s Corp. | 2.63 | 09/01/29 | 165,000 | 156,618 | ||||||||||
| McDonald’s Corp. | 3.50 | 03/01/27 | 150,000 | 148,937 | ||||||||||
| McDonald’s Corp. | 3.50 | 07/01/27 | 170,000 | 168,742 | ||||||||||
| McDonald’s Corp. | 3.60 | 07/01/30 | 175,000 | 170,863 | ||||||||||
| McDonald’s Corp. | 3.80 | 04/01/28 | 165,000 | 164,203 | ||||||||||
| McDonald’s Corp. | 4.60 | 05/15/30 | 95,000 | 96,547 | ||||||||||
| McDonald’s Corp. | 4.80 | 08/14/28 | 100,000 | 101,940 | ||||||||||
| McDonald’s Corp. | 5.00 | 05/17/29 | 80,000 | 82,299 | ||||||||||
| O’Reilly Automotive, Inc. | 3.60 | 09/01/27 | 130,000 | 128,915 | ||||||||||
| O’Reilly Automotive, Inc. | 3.90 | 06/01/29 | 90,000 | 89,111 | ||||||||||
| O’Reilly Automotive, Inc. | 4.20 | 04/01/30 | 80,000 | 79,586 | ||||||||||
| O’Reilly Automotive, Inc. | 4.35 | 06/01/28 | 80,000 | 80,459 | ||||||||||
| O’Reilly Automotive, Inc. | 5.75 | 11/20/26 | 115,000 | 116,894 | ||||||||||
| Starbucks Corp. | 2.00 | 03/12/27 | 80,000 | 77,831 | ||||||||||
| Starbucks Corp. | 2.25 | 03/12/30 | 125,000 | 114,917 | ||||||||||
| Starbucks Corp. | 3.50 | 03/01/28 | 105,000 | 103,725 | ||||||||||
| Starbucks Corp. | 3.55 | 08/15/29 | 165,000 | 161,854 | ||||||||||
| Starbucks Corp. | 4.00 | 11/15/28 | 125,000 | 124,779 | ||||||||||
| Starbucks Corp. | 4.50 | 05/15/28 | 135,000 | 136,227 | ||||||||||
| Starbucks Corp. | 4.80 | 05/15/30 | 80,000 | 81,722 | ||||||||||
| Starbucks Corp. | 4.85 | 02/08/27 | 145,000 | 146,246 | ||||||||||
| 5,760,178 | ||||||||||||||
| SEMICONDUCTORS – 2.0% | ||||||||||||||
| Intel Corp. | 1.60 | 08/12/28 | 160,000 | 149,424 | ||||||||||
| Intel Corp. | 2.45 | 11/15/29 | 330,000 | 307,061 | ||||||||||
| Intel Corp. | 3.15 | 05/11/27 | 165,000 | 162,504 | ||||||||||
| Intel Corp. | 3.75 | 03/25/27 | 165,000 | 164,076 | ||||||||||
| Intel Corp. | 3.75 | 08/05/27 | 205,000 | 203,392 | ||||||||||
| Intel Corp. | 3.90 | 03/25/30 | 245,000 | 240,130 | ||||||||||
| Intel Corp. | 4.00 | 08/05/29 | 140,000 | 138,430 | ||||||||||
| Intel Corp. | 4.88 | 02/10/28 | 295,000 | 299,208 | ||||||||||
| Intel Corp. | 5.13 | 02/10/30 | 210,000 | 215,693 | ||||||||||
| Marvell Technology, Inc. | 2.45 | 04/15/28 | 120,000 | 115,193 | ||||||||||
| Marvell Technology, Inc. | 4.75 | 07/15/30 | 80,000 | 81,003 | ||||||||||
| Marvell Technology, Inc. | 5.75 | 02/15/29 | 90,000 | 93,991 | ||||||||||
| Microchip Technology, Inc. | 4.90 | 03/15/28 | 170,000 | 172,170 | ||||||||||
| Microchip Technology, Inc. | 5.05 | 03/15/29 | 155,000 | 158,081 | ||||||||||
| Microchip Technology, Inc. | 5.05 | 02/15/30 | 175,000 | 178,545 | ||||||||||
| Micron Technology, Inc. | 4.66 | 02/15/30 | 130,000 | 131,380 | ||||||||||
| Micron Technology, Inc. | 5.33 | 02/06/29 | 130,000 | 133,981 | ||||||||||
| NXP BV/NXP Funding LLC | 5.55 | 12/01/28 | 75,000 | 77,578 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.40 | 05/01/30 | 175,000 | 167,879 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 4.30 | 08/19/28 | 80,000 | 80,146 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 4.30 | 06/18/29 | 155,000 | 154,638 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 2.0% (Continued) | ||||||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 4.40 | 06/01/27 | $ | 90,000 | $ | 90,255 | ||||||||
| Qorvo, Inc. | 4.38 | 10/15/29 | 145,000 | 142,938 | ||||||||||
| 3,657,696 | ||||||||||||||
| SHIPBUILDING – 0.2% | ||||||||||||||
| Huntington Ingalls Industries, Inc. | 2.04 | 08/16/28 | 100,000 | 94,193 | ||||||||||
| Huntington Ingalls Industries, Inc. | 3.48 | 12/01/27 | 100,000 | 98,441 | ||||||||||
| Huntington Ingalls Industries, Inc. | 4.20 | 05/01/30 | 80,000 | 79,172 | ||||||||||
| Huntington Ingalls Industries, Inc. | 5.35 | 01/15/30 | 95,000 | 98,181 | ||||||||||
| 369,987 | ||||||||||||||
| SOFTWARE – 4.3% | ||||||||||||||
| Atlassian Corp. | 5.25 | 05/15/29 | 80,000 | 82,283 | ||||||||||
| Autodesk, Inc. | 2.85 | 01/15/30 | 75,000 | 71,006 | ||||||||||
| Autodesk, Inc. | 3.50 | 06/15/27 | 90,000 | 89,218 | ||||||||||
| Broadridge Financial Solutions, Inc. | 2.90 | 12/01/29 | 125,000 | 118,381 | ||||||||||
| Concentrix Corp. | 6.60 | 08/02/28 | 130,000 | 135,632 | ||||||||||
| Fidelity National Information Services, Inc. | 1.65 | 03/01/28 | 120,000 | 113,030 | ||||||||||
| Fiserv, Inc. | 2.25 | 06/01/27 | 140,000 | 135,386 | ||||||||||
| Fiserv, Inc. | 2.65 | 06/01/30 | 165,000 | 151,399 | ||||||||||
| Fiserv, Inc. | 3.50 | 07/01/29 | 485,000 | 466,854 | ||||||||||
| Fiserv, Inc. | 4.20 | 10/01/28 | 175,000 | 173,404 | ||||||||||
| Fiserv, Inc. | 4.75 | 03/15/30 | 150,000 | 149,992 | ||||||||||
| Fiserv, Inc. | 5.15 | 03/15/27 | 125,000 | 126,015 | ||||||||||
| Fiserv, Inc. | 5.38 | 08/21/28 | 110,000 | 112,321 | ||||||||||
| Fiserv, Inc. | 5.45 | 03/02/28 | 155,000 | 158,044 | ||||||||||
| Oracle Corp. | 2.30 | 03/25/28 | 325,000 | 310,950 | ||||||||||
| Oracle Corp. | 2.80 | 04/01/27 | 365,000 | 358,259 | ||||||||||
| Oracle Corp. | 2.95 | 04/01/30 | 550,000 | 514,702 | ||||||||||
| Oracle Corp. | 3.25 | 11/15/27 | 455,000 | 446,490 | ||||||||||
| Oracle Corp. | 3.25 | 05/15/30 | 85,000 | 80,493 | ||||||||||
| Oracle Corp. | 4.20 | 09/27/29 | 245,000 | 243,159 | ||||||||||
| Oracle Corp. | 4.45 | 09/26/30 | 475,000 | 471,048 | ||||||||||
| Oracle Corp. | 4.50 | 05/06/28 | 130,000 | 130,796 | ||||||||||
| Oracle Corp. | 4.65 | 05/06/30 | 125,000 | 125,906 | ||||||||||
| Oracle Corp. | 4.80 | 08/03/28 | 245,000 | 248,518 | ||||||||||
| Oracle Corp. | 6.15 | 11/09/29 | 205,000 | 217,369 | ||||||||||
| Paychex, Inc. | 5.10 | 04/15/30 | 250,000 | 257,045 | ||||||||||
| Roper Technologies, Inc. | 1.40 | 09/15/27 | 105,000 | 100,042 | ||||||||||
| Roper Technologies, Inc. | 2.00 | 06/30/30 | 90,000 | 81,135 | ||||||||||
| Roper Technologies, Inc. | 2.95 | 09/15/29 | 125,000 | 119,323 | ||||||||||
| Roper Technologies, Inc. | 3.80 | 12/15/26 | 130,000 | 129,578 | ||||||||||
| Roper Technologies, Inc. | 4.20 | 09/15/28 | 140,000 | 140,259 | ||||||||||
| Roper Technologies, Inc. | 4.25 | 09/15/28 | 80,000 | 80,241 | ||||||||||
| Roper Technologies, Inc. | 4.45 | 09/15/30 | 80,000 | 80,307 | ||||||||||
| Roper Technologies, Inc. | 4.50 | 10/15/29 | 85,000 | 85,794 | ||||||||||
| Synopsys, Inc. | 4.55 | 04/01/27 | 170,000 | 171,155 | ||||||||||
| Synopsys, Inc. | 4.65 | 04/01/28 | 155,000 | 156,773 | ||||||||||
| Synopsys, Inc. | 4.85 | 04/01/30 | 330,000 | 335,925 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 4.3% (Continued) | ||||||||||||||
| Take-Two Interactive Software, Inc. | 3.70 | 04/14/27 | $ | 110,000 | $ | 109,397 | ||||||||
| Take-Two Interactive Software, Inc. | 4.95 | 03/28/28 | 125,000 | 127,229 | ||||||||||
| VMware LLC | 1.80 | 08/15/28 | 120,000 | 112,726 | ||||||||||
| VMware LLC | 3.90 | 08/21/27 | 215,000 | 214,465 | ||||||||||
| VMware LLC | 4.70 | 05/15/30 | 125,000 | 126,792 | ||||||||||
| Workday, Inc. | 3.50 | 04/01/27 | 150,000 | 148,769 | ||||||||||
| Workday, Inc. | 3.70 | 04/01/29 | 140,000 | 137,976 | ||||||||||
| 7,945,586 | ||||||||||||||
| TELECOMMUNICATIONS – 6.1% | ||||||||||||||
| AT&T, Inc. | 1.65 | 02/01/28 | 370,000 | 350,718 | ||||||||||
| AT&T, Inc. | 2.30 | 06/01/27 | 410,000 | 398,569 | ||||||||||
| AT&T, Inc. | 3.80 | 02/15/27 | 120,000 | 119,488 | ||||||||||
| AT&T, Inc. | 4.10 | 02/15/28 | 290,000 | 289,624 | ||||||||||
| AT&T, Inc. | 4.25 | 03/01/27 | 245,000 | 245,251 | ||||||||||
| AT&T, Inc. | 4.30 | 02/15/30 | 520,000 | 519,871 | ||||||||||
| AT&T, Inc. | 4.35 | 03/01/29 | 490,000 | 491,536 | ||||||||||
| AT&T, Inc. | 4.70 | 08/15/30 | 165,000 | 167,343 | ||||||||||
| British Telecommunications PLC | 5.13 | 12/04/28 | 120,000 | 122,860 | ||||||||||
| Deutsche Telekom International Finance BV | 8.75 | 06/15/30 | 580,000 | 682,931 | ||||||||||
| Juniper Networks, Inc. | 3.75 | 08/15/29 | 80,000 | 78,226 | ||||||||||
| Koninklijke KPN NV | 8.38 | 10/01/30 | 100,000 | 117,054 | ||||||||||
| Motorola Solutions, Inc. | 4.60 | 02/23/28 | 110,000 | 111,093 | ||||||||||
| Motorola Solutions, Inc. | 4.60 | 05/23/29 | 140,000 | 141,545 | ||||||||||
| Motorola Solutions, Inc. | 4.85 | 08/15/30 | 90,000 | 91,804 | ||||||||||
| Nokia OYJ | 4.38 | 06/12/27 | 75,000 | 74,954 | ||||||||||
| Rogers Communications, Inc. | 2.90 | 11/15/26 | 90,000 | 88,770 | ||||||||||
| Rogers Communications, Inc. | 3.20 | 03/15/27 | 195,000 | 192,307 | ||||||||||
| Rogers Communications, Inc. | 5.00 | 02/15/29 | 205,000 | 208,845 | ||||||||||
| Sprint Capital Corp. | 6.88 | 11/15/28 | 415,000 | 445,986 | ||||||||||
| Telefonica Emisiones SA | 4.10 | 03/08/27 | 200,000 | 199,668 | ||||||||||
| Telefonica Europe BV | 8.25 | 09/15/30 | 215,000 | 247,848 | ||||||||||
| TELUS Corp. | 2.80 | 02/16/27 | 75,000 | 73,667 | ||||||||||
| TELUS Corp. | 3.70 | 09/15/27 | 95,000 | 94,208 | ||||||||||
| T-Mobile USA, Inc. | 2.05 | 02/15/28 | 290,000 | 277,032 | ||||||||||
| T-Mobile USA, Inc. | 2.40 | 03/15/29 | 90,000 | 84,960 | ||||||||||
| T-Mobile USA, Inc. | 2.63 | 02/15/29 | 160,000 | 152,150 | ||||||||||
| T-Mobile USA, Inc. | 3.38 | 04/15/29 | 385,000 | 374,413 | ||||||||||
| T-Mobile USA, Inc. | 3.75 | 04/15/27 | 665,000 | 661,274 | ||||||||||
| T-Mobile USA, Inc. | 3.88 | 04/15/30 | 1,155,000 | 1,131,321 | ||||||||||
| T-Mobile USA, Inc. | 4.20 | 10/01/29 | 105,000 | 104,999 | ||||||||||
| T-Mobile USA, Inc. | 4.75 | 02/01/28 | 245,000 | 245,265 | ||||||||||
| T-Mobile USA, Inc. | 4.80 | 07/15/28 | 145,000 | 147,406 | ||||||||||
| T-Mobile USA, Inc. | 4.85 | 01/15/29 | 165,000 | 168,320 | ||||||||||
| T-Mobile USA, Inc. | 4.95 | 03/15/28 | 170,000 | 173,177 | ||||||||||
| Verizon Communications, Inc. | 1.50 | 09/18/30 | 165,000 | 144,350 | ||||||||||
| Verizon Communications, Inc. | 1.68 | 10/30/30 | 135,000 | 118,981 | ||||||||||
| Verizon Communications, Inc. | 2.10 | 03/22/28 | 345,000 | 329,632 | ||||||||||
| Verizon Communications, Inc. | 3.15 | 03/22/30 | 190,000 | 181,613 | ||||||||||
The accompanying notes are an integral part of these financial statements.
126
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 6.1% (Continued) | ||||||||||||||
| Verizon Communications, Inc. | 3.88 | 02/08/29 | $ | 160,000 | $ | 158,881 | ||||||||
| Verizon Communications, Inc. | 4.02 | 12/03/29 | 550,000 | 544,919 | ||||||||||
| Verizon Communications, Inc. | 4.13 | 03/16/27 | 400,000 | 400,320 | ||||||||||
| Verizon Communications, Inc. | 4.33 | 09/21/28 | 450,000 | 452,364 | ||||||||||
| 11,405,543 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.2% | ||||||||||||||
| Hasbro, Inc. | 3.50 | 09/15/27 | 70,000 | 69,226 | ||||||||||
| Hasbro, Inc. | 3.55 | 11/19/26 | 115,000 | 114,238 | ||||||||||
| Hasbro, Inc. | 3.90 | 11/19/29 | 150,000 | 146,670 | ||||||||||
| 330,134 | ||||||||||||||
| TRANSPORTATION – 0.7% | ||||||||||||||
| Canadian Pacific Railway Co. | 1.75 | 12/02/26 | 145,000 | 141,549 | ||||||||||
| Canadian Pacific Railway Co. | 2.05 | 03/05/30 | 75,000 | 68,450 | ||||||||||
| Canadian Pacific Railway Co. | 4.00 | 06/01/28 | 90,000 | 89,870 | ||||||||||
| Canadian Pacific Railway Co. | 4.80 | 03/30/30 | 105,000 | 107,533 | ||||||||||
| CH Robinson Worldwide, Inc. | 4.20 | 04/15/28 | 100,000 | 100,078 | ||||||||||
| FedEx Corp. | 3.10 | 08/05/29 | 105,000 | 100,626 | ||||||||||
| JB Hunt Transport Services, Inc. | 4.90 | 03/15/30 | 115,000 | 117,727 | ||||||||||
| Kirby Corp. | 4.20 | 03/01/28 | 80,000 | 79,936 | ||||||||||
| Norfolk Southern Corp. | 3.80 | 08/01/28 | 95,000 | 94,563 | ||||||||||
| Norfolk Southern Corp. | 5.05 | 08/01/30 | 100,000 | 103,662 | ||||||||||
| Ryder System, Inc. | 5.25 | 06/01/28 | 110,000 | 112,887 | ||||||||||
| Ryder System, Inc. | 5.38 | 03/15/29 | 100,000 | 103,476 | ||||||||||
| Ryder System, Inc. | 5.65 | 03/01/28 | 65,000 | 67,145 | ||||||||||
| 1,287,502 | ||||||||||||||
| TRUCKING & LEASING – 0.1% | ||||||||||||||
| GATX Corp. | 4.00 | 06/30/30 | 90,000 | 88,521 | ||||||||||
| GATX Corp. | 4.70 | 04/01/29 | 80,000 | 81,046 | ||||||||||
| 169,567 | ||||||||||||||
| WATER – 0.3% | ||||||||||||||
| American Water Capital Corp. | 2.80 | 05/01/30 | 75,000 | 70,772 | ||||||||||
| American Water Capital Corp. | 2.95 | 09/01/27 | 100,000 | 98,204 | ||||||||||
| American Water Capital Corp. | 3.45 | 06/01/29 | 95,000 | 92,906 | ||||||||||
| American Water Capital Corp. | 3.75 | 09/01/28 | 105,000 | 104,255 | ||||||||||
| Essential Utilities, Inc. | 2.70 | 04/15/30 | 80,000 | 74,673 | ||||||||||
| Essential Utilities, Inc. | 4.80 | 08/15/27 | 90,000 | 90,951 | ||||||||||
| 531,761 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $180,897,997) | 182,911,159 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.8% | ||||||||||||||
| TIME DEPOSITS – 0.8% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 3.21 | 11/03/25 | 1,409,058 | 1,409,058 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,409,058) | 1,409,058 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $182,307,055) | $ | 184,320,217 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 1,571,908 | |||||||||||||
| NET ASSETS – 100.0% | $ | 185,892,125 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
127
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2025
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $2,019,579 and represents 1.1% of net assets. These securities have been deemed liquid under procedures approved by the Trust’s Board of Trustees. |
The accompanying notes are an integral part of these financial statements.
128
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.5% | ||||||||||||||
| ADVERTISING – 0.2% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 2.40 | 03/01/31 | $ | 25,000 | $ | 22,365 | ||||||||
| Omnicom Group, Inc. | 2.60 | 08/01/31 | 40,000 | 36,204 | ||||||||||
| Omnicom Group, Inc. | 5.30 | 11/01/34 | 35,000 | 35,879 | ||||||||||
| 94,448 | ||||||||||||||
| AEROSPACE/DEFENSE – 2.2% | ||||||||||||||
| Boeing Co. | 3.25 | 02/01/35 | 40,000 | 34,875 | ||||||||||
| Boeing Co. | 3.60 | 05/01/34 | 55,000 | 49,969 | ||||||||||
| Boeing Co. | 3.63 | 02/01/31 | 85,000 | 81,549 | ||||||||||
| Boeing Co. | 6.39 | 05/01/31 | 50,000 | 54,386 | ||||||||||
| Boeing Co. | 6.53 | 05/01/34 | 150,000 | 166,083 | ||||||||||
| Embraer Netherlands Finance BV | 5.98 | 02/11/35 | 35,000 | 37,495 | ||||||||||
| HEICO Corp. | 5.35 | 08/01/33 | 30,000 | 31,236 | ||||||||||
| Howmet Aerospace, Inc. | 4.85 | 10/15/31 | 30,000 | 30,823 | ||||||||||
| L3Harris Technologies, Inc. | 1.80 | 01/15/31 | 40,000 | 35,268 | ||||||||||
| L3Harris Technologies, Inc. | 5.25 | 06/01/31 | 40,000 | 41,640 | ||||||||||
| L3Harris Technologies, Inc. | 5.35 | 06/01/34 | 40,000 | 41,533 | ||||||||||
| L3Harris Technologies, Inc. | 5.40 | 07/31/33 | 95,000 | 99,095 | ||||||||||
| Northrop Grumman Corp. | 4.70 | 03/15/33 | 60,000 | 60,565 | ||||||||||
| Northrop Grumman Corp. | 4.90 | 06/01/34 | 50,000 | 50,759 | ||||||||||
| Northrop Grumman Corp. | 5.25 | 07/15/35 | 25,000 | 25,993 | ||||||||||
| RTX Corp. | 1.90 | 09/01/31 | 60,000 | 52,465 | ||||||||||
| RTX Corp. | 2.38 | 03/15/32 | 65,000 | 57,654 | ||||||||||
| RTX Corp. | 5.15 | 02/27/33 | 65,000 | 67,442 | ||||||||||
| RTX Corp. | 6.00 | 03/15/31 | 60,000 | 64,797 | ||||||||||
| RTX Corp. | 6.10 | 03/15/34 | 90,000 | 98,931 | ||||||||||
| 1,182,558 | ||||||||||||||
| AGRICULTURE – 1.7% | ||||||||||||||
| Altria Group, Inc. | 2.45 | 02/04/32 | 95,000 | 83,535 | ||||||||||
| Altria Group, Inc. | 5.25 | 08/06/35 | 25,000 | 25,219 | ||||||||||
| Altria Group, Inc. | 5.63 | 02/06/35 | 35,000 | 36,250 | ||||||||||
| Altria Group, Inc. | 6.88 | 11/01/33 | 25,000 | 28,124 | ||||||||||
| BAT Capital Corp. | 2.73 | 03/25/31 | 75,000 | 68,642 | ||||||||||
| BAT Capital Corp. | 4.63 | 03/22/33 | 45,000 | 44,525 | ||||||||||
| BAT Capital Corp. | 4.74 | 03/16/32 | 60,000 | 60,415 | ||||||||||
| BAT Capital Corp. | 5.35 | 08/15/32 | 60,000 | 62,107 | ||||||||||
| BAT Capital Corp. | 5.63 | 08/15/35 | 55,000 | 57,116 | ||||||||||
| BAT Capital Corp. | 5.83 | 02/20/31 | 45,000 | 47,633 | ||||||||||
| BAT Capital Corp. | 6.00 | 02/20/34 | 45,000 | 48,037 | ||||||||||
| BAT Capital Corp. | 6.42 | 08/02/33 | 70,000 | 76,936 | ||||||||||
| BAT Capital Corp. | 7.75 | 10/19/32 | 35,000 | 40,792 | ||||||||||
| Bunge Ltd. Finance Corp. | 2.75 | 05/14/31 | 55,000 | 50,530 | ||||||||||
| Bunge Ltd. Finance Corp. | 3.20 | 04/21/31 | 30,000 | 28,189 | ||||||||||
| Bunge Ltd. Finance Corp. | 4.65 | 09/17/34 | 50,000 | 49,197 | ||||||||||
| Bunge Ltd. Finance Corp. | 5.15 | 08/04/35 | 35,000 | 35,497 | ||||||||||
| JBS USA LUX Sarl/JBS USA Food Co/JBS USA Foods Group(1) | 5.95 | 04/20/35 | 55,000 | 57,596 | ||||||||||
| Reynolds American, Inc. | 5.70 | 08/15/35 | 45,000 | 46,892 | ||||||||||
| 947,232 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| APPAREL – 0.1% | ||||||||||||||
| Tapestry, Inc. | 3.05 | 03/15/32 | $ | 35,000 | $ | 31,646 | ||||||||
| Tapestry, Inc. | 5.50 | 03/11/35 | 45,000 | 45,831 | ||||||||||
| 77,477 | ||||||||||||||
| AUTO MANUFACTURERS – 3.3% | ||||||||||||||
| Ford Motor Co. | 3.25 | 02/12/32 | 145,000 | 126,416 | ||||||||||
| Ford Motor Co. | 6.10 | 08/19/32 | 95,000 | 97,623 | ||||||||||
| Ford Motor Co. | 7.45 | 07/16/31 | 65,000 | 71,795 | ||||||||||
| Ford Motor Credit Co. LLC | 3.63 | 06/17/31 | 65,000 | 59,114 | ||||||||||
| Ford Motor Credit Co. LLC | 4.00 | 11/13/30 | 100,000 | 93,913 | ||||||||||
| Ford Motor Credit Co. LLC | 5.87 | 10/31/35 | 60,000 | 59,536 | ||||||||||
| Ford Motor Credit Co. LLC | 6.05 | 03/05/31 | 50,000 | 51,181 | ||||||||||
| Ford Motor Credit Co. LLC | 6.05 | 11/05/31 | 75,000 | 76,748 | ||||||||||
| Ford Motor Credit Co. LLC | 6.13 | 03/08/34 | 100,000 | 101,239 | ||||||||||
| Ford Motor Credit Co. LLC | 6.50 | 02/07/35 | 60,000 | 62,156 | ||||||||||
| Ford Motor Credit Co. LLC | 6.53 | 03/19/32 | 40,000 | 41,779 | ||||||||||
| Ford Motor Credit Co. LLC | 7.12 | 11/07/33 | 80,000 | 86,078 | ||||||||||
| General Motors Co. | 5.00 | 04/01/35 | 40,000 | 39,309 | ||||||||||
| General Motors Co. | 5.60 | 10/15/32 | 70,000 | 73,050 | ||||||||||
| General Motors Co. | 6.25 | 04/15/35 | 25,000 | 26,592 | ||||||||||
| General Motors Financial Co., Inc. | 2.35 | 01/08/31 | 55,000 | 49,155 | ||||||||||
| General Motors Financial Co., Inc. | 2.70 | 06/10/31 | 55,000 | 49,572 | ||||||||||
| General Motors Financial Co., Inc. | 3.10 | 01/12/32 | 70,000 | 63,478 | ||||||||||
| General Motors Financial Co., Inc. | 5.45 | 09/06/34 | 55,000 | 55,695 | ||||||||||
| General Motors Financial Co., Inc. | 5.60 | 06/18/31 | 65,000 | 67,675 | ||||||||||
| General Motors Financial Co., Inc. | 5.63 | 04/04/32 | 40,000 | 41,558 | ||||||||||
| General Motors Financial Co., Inc. | 5.75 | 02/08/31 | 55,000 | 57,636 | ||||||||||
| General Motors Financial Co., Inc. | 5.90 | 01/07/35 | 60,000 | 62,572 | ||||||||||
| General Motors Financial Co., Inc. | 5.95 | 04/04/34 | 70,000 | 73,295 | ||||||||||
| General Motors Financial Co., Inc. | 6.10 | 01/07/34 | 90,000 | 95,154 | ||||||||||
| General Motors Financial Co., Inc. | 6.15 | 07/15/35 | 40,000 | 42,205 | ||||||||||
| General Motors Financial Co., Inc. | 6.40 | 01/09/33 | 65,000 | 70,067 | ||||||||||
| 1,794,591 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.2% | ||||||||||||||
| Aptiv Swiss Holdings Ltd. | 3.25 | 03/01/32 | 50,000 | 46,274 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 5.15 | 09/13/34 | 30,000 | 30,199 | ||||||||||
| BorgWarner, Inc. | 5.40 | 08/15/34 | 20,000 | 20,623 | ||||||||||
| 97,096 | ||||||||||||||
| BANKS – 9.2% | ||||||||||||||
| Banco Bilbao Vizcaya Argentaria SA | 7.88 | 11/15/34 | 40,000 | 46,665 | ||||||||||
| Banco Santander SA | 2.75 | 12/03/30 | 90,000 | 81,775 | ||||||||||
| Banco Santander SA | 3.23 | 11/22/32 | 60,000 | 54,753 | ||||||||||
| Banco Santander SA | 6.35 | 03/14/34 | 70,000 | 75,355 | ||||||||||
| Banco Santander SA | 6.92 | 08/08/33 | 110,000 | 122,141 | ||||||||||
| Bank of Montreal | 3.09 | 01/10/37 | 70,000 | 62,574 | ||||||||||
| Bank of Nova Scotia | 4.59 | 05/04/37 | 70,000 | 68,098 | ||||||||||
| Barclays PLC | 2.67 | 03/10/32 | 65,000 | 58,983 | ||||||||||
| Barclays PLC | 2.89 | 11/24/32 | 70,000 | 63,314 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 9.2% (Continued) | ||||||||||||||
| Barclays PLC | 5.34 | 09/10/35 | $ | 115,000 | $ | 116,629 | ||||||||
| Barclays PLC | 5.75 | 08/09/33 | 60,000 | 63,141 | ||||||||||
| Barclays PLC | 5.79 | 02/25/36 | 110,000 | 115,083 | ||||||||||
| Barclays PLC | 6.22 | 05/09/34 | 110,000 | 118,505 | ||||||||||
| Barclays PLC | 6.69 | 09/13/34 | 95,000 | 105,163 | ||||||||||
| Barclays PLC | 7.12 | 06/27/34 | 80,000 | 89,578 | ||||||||||
| Barclays PLC | 7.44 | 11/02/33 | 120,000 | 137,758 | ||||||||||
| Citigroup, Inc. | 5.41 | 09/19/39 | 70,000 | 70,271 | ||||||||||
| Citigroup, Inc. | 5.83 | 02/13/35 | 145,000 | 150,713 | ||||||||||
| Citigroup, Inc. | 6.00 | 10/31/33 | 50,000 | 53,804 | ||||||||||
| Citigroup, Inc. | 6.02 | 01/24/36 | 170,000 | 177,968 | ||||||||||
| Citigroup, Inc. | 6.17 | 05/25/34 | 175,000 | 185,926 | ||||||||||
| Citigroup, Inc. | 6.63 | 06/15/32 | 60,000 | 66,571 | ||||||||||
| Citizens Financial Group, Inc. | 2.64 | 09/30/32 | 40,000 | 34,241 | ||||||||||
| Citizens Financial Group, Inc. | 5.72 | 07/23/32 | 60,000 | 62,614 | ||||||||||
| Citizens Financial Group, Inc. | 6.65 | 04/25/35 | 45,000 | 49,331 | ||||||||||
| Comerica Bank | 5.33 | 08/25/33 | 25,000 | 25,174 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.04 | 05/28/32 | 45,000 | 41,219 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.73 | 01/14/32 | 75,000 | 70,675 | ||||||||||
| Deutsche Bank AG/New York, NY | 3.74 | 01/07/33 | 80,000 | 73,922 | ||||||||||
| Deutsche Bank AG/New York, NY | 5.40 | 09/11/35 | 70,000 | 71,269 | ||||||||||
| Deutsche Bank AG/New York, NY | 7.08 | 02/10/34 | 85,000 | 93,261 | ||||||||||
| Fifth Third Bancorp | 4.34 | 04/25/33 | 30,000 | 29,210 | ||||||||||
| Fifth Third Bancorp | 5.63 | 01/29/32 | 60,000 | 62,767 | ||||||||||
| First Citizens BancShares, Inc./NC | 6.25 | 03/12/40 | 40,000 | 40,583 | ||||||||||
| Goldman Sachs Capital I | 6.35 | 02/15/34 | 60,000 | 64,275 | ||||||||||
| HSBC Holdings PLC | 4.76 | 03/29/33 | 120,000 | 119,613 | ||||||||||
| HSBC Holdings PLC | 5.74 | 09/10/36 | 80,000 | 81,781 | ||||||||||
| HSBC Holdings PLC | 5.87 | 11/18/35 | 115,000 | 119,582 | ||||||||||
| HSBC Holdings PLC | 6.55 | 06/20/34 | 120,000 | 129,948 | ||||||||||
| HSBC Holdings PLC | 7.40 | 11/13/34 | 115,000 | 131,315 | ||||||||||
| HSBC Holdings PLC | 8.11 | 11/03/33 | 105,000 | 123,240 | ||||||||||
| Huntington Bancshares, Inc./OH | 2.49 | 08/15/36 | 30,000 | 25,738 | ||||||||||
| Huntington Bancshares, Inc./OH | 5.71 | 02/02/35 | 85,000 | 88,317 | ||||||||||
| Huntington Bancshares, Inc./OH | 6.14 | 11/18/39 | 30,000 | 31,086 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 4.90 | 08/08/32 | 50,000 | 49,502 | ||||||||||
| KeyBank, N.A./Cleveland, OH | 5.00 | 01/26/33 | 50,000 | 50,330 | ||||||||||
| KeyCorp | 4.79 | 06/01/33 | 40,000 | 39,831 | ||||||||||
| KeyCorp | 6.40 | 03/06/35 | 60,000 | 65,009 | ||||||||||
| Lloyds Banking Group PLC | 6.07 | 06/13/36 | 75,000 | 78,555 | ||||||||||
| Lloyds Banking Group PLC | 7.95 | 11/15/33 | 60,000 | 69,944 | ||||||||||
| M&T Bank Corp. | 5.05 | 01/27/34 | 55,000 | 55,137 | ||||||||||
| M&T Bank Corp. | 5.39 | 01/16/36 | 60,000 | 60,839 | ||||||||||
| M&T Bank Corp. | 6.08 | 03/13/32 | 45,000 | 47,613 | ||||||||||
| Mizuho Financial Group, Inc. | 2.56 | 09/13/31 | 65,000 | 57,876 | ||||||||||
| Morgan Stanley | 2.48 | 09/16/36 | 165,000 | 143,937 | ||||||||||
| Morgan Stanley | 5.30 | 04/20/37 | 120,000 | 122,160 | ||||||||||
| Morgan Stanley | 5.94 | 02/07/39 | 95,000 | 99,723 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 9.2% (Continued) | ||||||||||||||
| Morgan Stanley | 5.95 | 01/19/38 | $ | 110,000 | $ | 115,540 | ||||||||
| NatWest Group PLC | 3.03 | 11/28/35 | 50,000 | 45,774 | ||||||||||
| Regions Financial Corp. | 5.50 | 09/06/35 | 60,000 | 61,474 | ||||||||||
| Santander Holdings USA, Inc. | 6.34 | 05/31/35 | 40,000 | 42,509 | ||||||||||
| Santander Holdings USA, Inc. | 7.66 | 11/09/31 | 35,000 | 39,102 | ||||||||||
| Santander UK Group Holdings PLC | 2.90 | 03/15/32 | 35,000 | 32,024 | ||||||||||
| Santander UK Group Holdings PLC | 5.14 | 09/22/36 | 50,000 | 49,594 | ||||||||||
| Truist Financial Corp. | 4.92 | 07/28/33 | 60,000 | 59,928 | ||||||||||
| Zions Bancorp, N.A. | 6.82 | 11/19/35 | 30,000 | 31,874 | ||||||||||
| 5,072,204 | ||||||||||||||
| BEVERAGES – 0.6% | ||||||||||||||
| Coca-Cola Consolidated, Inc. | 5.45 | 06/01/34 | 25,000 | 26,207 | ||||||||||
| Constellation Brands, Inc. | 2.25 | 08/01/31 | 55,000 | 48,674 | ||||||||||
| Constellation Brands, Inc. | 4.75 | 05/09/32 | 50,000 | 50,364 | ||||||||||
| Constellation Brands, Inc. | 4.90 | 05/01/33 | 40,000 | 40,300 | ||||||||||
| Keurig Dr Pepper, Inc. | 2.25 | 03/15/31 | 30,000 | 26,631 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.05 | 04/15/32 | 45,000 | 43,185 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.15 | 05/15/35 | 25,000 | 24,998 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.20 | 03/15/31 | 30,000 | 30,778 | ||||||||||
| Keurig Dr Pepper, Inc. | 5.30 | 03/15/34 | 45,000 | 45,798 | ||||||||||
| 336,935 | ||||||||||||||
| BIOTECHNOLOGY – 1.3% | ||||||||||||||
| Amgen, Inc. | 2.00 | 01/15/32 | 65,000 | 56,513 | ||||||||||
| Amgen, Inc. | 2.30 | 02/25/31 | 65,000 | 58,730 | ||||||||||
| Amgen, Inc. | 3.35 | 02/22/32 | 60,000 | 56,498 | ||||||||||
| Amgen, Inc. | 4.20 | 03/01/33 | 45,000 | 43,958 | ||||||||||
| Amgen, Inc. | 5.25 | 03/02/33 | 245,000 | 253,805 | ||||||||||
| Biogen, Inc. | 5.75 | 05/15/35 | 35,000 | 36,750 | ||||||||||
| Bio-Rad Laboratories, Inc. | 3.70 | 03/15/32 | 45,000 | 42,218 | ||||||||||
| Illumina, Inc. | 2.55 | 03/23/31 | 25,000 | 22,509 | ||||||||||
| Royalty Pharma PLC | 2.15 | 09/02/31 | 35,000 | 30,575 | ||||||||||
| Royalty Pharma PLC | 4.45 | 03/25/31 | 30,000 | 29,804 | ||||||||||
| Royalty Pharma PLC | 5.20 | 09/25/35 | 50,000 | 50,145 | ||||||||||
| Royalty Pharma PLC | 5.40 | 09/02/34 | 25,000 | 25,563 | ||||||||||
| 707,068 | ||||||||||||||
| BUILDING MATERIALS – 1.5% | ||||||||||||||
| Amrize Finance US LLC(1) | 5.40 | 04/07/35 | 60,000 | 61,954 | ||||||||||
| Carlisle Cos, Inc. | 2.20 | 03/01/32 | 30,000 | 26,031 | ||||||||||
| Carlisle Cos, Inc. | 5.25 | 09/15/35 | 40,000 | 40,725 | ||||||||||
| Carrier Global Corp. | 2.70 | 02/15/31 | 40,000 | 36,907 | ||||||||||
| Carrier Global Corp. | 5.90 | 03/15/34 | 50,000 | 53,850 | ||||||||||
| CRH America Finance, Inc. | 4.40 | 02/09/31 | 45,000 | 45,009 | ||||||||||
| CRH America Finance, Inc. | 5.40 | 05/21/34 | 45,000 | 46,695 | ||||||||||
| CRH America Finance, Inc. | 5.50 | 01/09/35 | 70,000 | 73,115 | ||||||||||
| Eagle Materials, Inc. | 2.50 | 07/01/31 | 40,000 | 36,189 | ||||||||||
| Fortune Brands Innovations, Inc. | 5.88 | 06/01/33 | 35,000 | 37,069 | ||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 2.00 | 09/16/31 | 25,000 | 21,892 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BUILDING MATERIALS – 1.5% (Continued) | ||||||||||||||
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA | 4.90 | 12/01/32 | $ | 35,000 | $ | 35,675 | ||||||||
| Martin Marietta Materials, Inc. | 2.40 | 07/15/31 | 55,000 | 49,467 | ||||||||||
| Martin Marietta Materials, Inc. | 5.15 | 12/01/34 | 40,000 | 40,949 | ||||||||||
| Masco Corp. | 2.00 | 02/15/31 | 30,000 | 26,395 | ||||||||||
| Owens Corning | 5.70 | 06/15/34 | 55,000 | 57,864 | ||||||||||
| Trane Technologies Financing Ltd. | 5.10 | 06/13/34 | 30,000 | 30,875 | ||||||||||
| Trane Technologies Financing Ltd. | 5.25 | 03/03/33 | 40,000 | 41,680 | ||||||||||
| Vulcan Materials Co. | 5.35 | 12/01/34 | 45,000 | 46,554 | ||||||||||
| 808,895 | ||||||||||||||
| CHEMICALS – 1.1% | ||||||||||||||
| Albemarle Corp. | 5.05 | 06/01/32 | 35,000 | 34,826 | ||||||||||
| CF Industries, Inc. | 5.15 | 03/15/34 | 50,000 | 50,393 | ||||||||||
| Dow Chemical Co. | 2.10 | 11/15/30 | 45,000 | 39,922 | ||||||||||
| Dow Chemical Co. | 4.80 | 01/15/31 | 45,000 | 44,853 | ||||||||||
| Dow Chemical Co. | 5.15 | 02/15/34 | 40,000 | 40,121 | ||||||||||
| Dow Chemical Co. | 6.30 | 03/15/33 | 35,000 | 37,507 | ||||||||||
| Eastman Chemical Co. | 5.63 | 02/20/34 | 45,000 | 46,427 | ||||||||||
| Eastman Chemical Co. | 5.75 | 03/08/33 | 25,000 | 26,253 | ||||||||||
| FMC Corp. | 5.65 | 05/18/33 | 25,000 | 23,915 | ||||||||||
| LYB International Finance III LLC | 5.50 | 03/01/34 | 40,000 | 39,955 | ||||||||||
| LYB International Finance III LLC | 5.63 | 05/15/33 | 25,000 | 25,543 | ||||||||||
| LYB International Finance III LLC | 6.15 | 05/15/35 | 35,000 | 36,266 | ||||||||||
| Mosaic Co. | 5.45 | 11/15/33 | 25,000 | 25,764 | ||||||||||
| Nutrien Ltd. | 5.25 | 03/12/32 | 30,000 | 31,017 | ||||||||||
| Nutrien Ltd. | 5.40 | 06/21/34 | 40,000 | 41,348 | ||||||||||
| Sherwin-Williams Co. | 2.20 | 03/15/32 | 25,000 | 21,867 | ||||||||||
| Sherwin-Williams Co. | 5.15 | 08/15/35 | 25,000 | 25,483 | ||||||||||
| 591,460 | ||||||||||||||
| COMMERCIAL SERVICES – 0.9% | ||||||||||||||
| Equifax, Inc. | 2.35 | 09/15/31 | 60,000 | 53,055 | ||||||||||
| Global Payments, Inc. | 2.90 | 11/15/31 | 50,000 | 44,494 | ||||||||||
| Global Payments, Inc. | 5.40 | 08/15/32 | 40,000 | 40,488 | ||||||||||
| GXO Logistics, Inc. | 6.50 | 05/06/34 | 30,000 | 32,247 | ||||||||||
| Moody’s Corp. | 2.00 | 08/19/31 | 30,000 | 26,448 | ||||||||||
| Moody’s Corp. | 4.25 | 08/08/32 | 35,000 | 34,542 | ||||||||||
| Moody’s Corp. | 5.00 | 08/05/34 | 25,000 | 25,579 | ||||||||||
| Quanta Services, Inc. | 2.35 | 01/15/32 | 30,000 | 26,527 | ||||||||||
| Quanta Services, Inc. | 4.50 | 01/15/31 | 25,000 | 25,062 | ||||||||||
| Quanta Services, Inc. | 5.10 | 08/09/35 | 30,000 | 30,257 | ||||||||||
| Quanta Services, Inc. | 5.25 | 08/09/34 | 35,000 | 36,027 | ||||||||||
| Triton Container International Ltd./TAL International Container Corp. | 3.25 | 03/15/32 | 35,000 | 31,381 | ||||||||||
| Verisk Analytics, Inc. | 5.25 | 06/05/34 | 30,000 | 30,876 | ||||||||||
| Verisk Analytics, Inc. | 5.25 | 03/15/35 | 45,000 | 45,846 | ||||||||||
| Verisk Analytics, Inc. | 5.75 | 04/01/33 | 35,000 | 37,073 | ||||||||||
| 519,902 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMPUTERS – 2.3% | ||||||||||||||
| Booz Allen Hamilton, Inc. | 5.95 | 08/04/33 | $ | 35,000 | $ | 36,578 | ||||||||
| Booz Allen Hamilton, Inc. | 5.95 | 04/15/35 | 40,000 | 41,440 | ||||||||||
| Dell International LLC/EMC Corp. | 4.50 | 02/15/31 | 65,000 | 64,867 | ||||||||||
| Dell International LLC/EMC Corp. | 4.75 | 10/06/32 | 75,000 | 74,818 | ||||||||||
| Dell International LLC/EMC Corp. | 4.85 | 02/01/35 | 40,000 | 39,379 | ||||||||||
| Dell International LLC/EMC Corp. | 5.30 | 04/01/32 | 65,000 | 67,091 | ||||||||||
| Dell International LLC/EMC Corp. | 5.40 | 04/15/34 | 55,000 | 56,669 | ||||||||||
| Dell International LLC/EMC Corp. | 5.50 | 04/01/35 | 65,000 | 67,153 | ||||||||||
| Dell International LLC/EMC Corp. | 5.75 | 02/01/33 | 60,000 | 63,416 | ||||||||||
| Fortinet, Inc. | 2.20 | 03/15/31 | 25,000 | 22,354 | ||||||||||
| Hewlett Packard Enterprise Co. | 4.85 | 10/15/31 | 75,000 | 75,785 | ||||||||||
| Hewlett Packard Enterprise Co. | 5.00 | 10/15/34 | 120,000 | 119,005 | ||||||||||
| Hewlett Packard Enterprise Co. | 6.20 | 10/15/35 | 35,000 | 37,811 | ||||||||||
| HP, Inc. | 2.65 | 06/17/31 | 50,000 | 45,049 | ||||||||||
| HP, Inc. | 4.20 | 04/15/32 | 35,000 | 34,009 | ||||||||||
| HP, Inc. | 5.50 | 01/15/33 | 65,000 | 67,035 | ||||||||||
| HP, Inc. | 6.10 | 04/25/35 | 35,000 | 37,121 | ||||||||||
| Kyndryl Holdings, Inc. | 3.15 | 10/15/31 | 45,000 | 41,030 | ||||||||||
| Kyndryl Holdings, Inc. | 6.35 | 02/20/34 | 25,000 | 26,634 | ||||||||||
| Leidos, Inc. | 2.30 | 02/15/31 | 55,000 | 49,266 | ||||||||||
| Leidos, Inc. | 5.40 | 03/15/32 | 30,000 | 31,135 | ||||||||||
| Leidos, Inc. | 5.50 | 03/15/35 | 30,000 | 31,175 | ||||||||||
| Leidos, Inc. | 5.75 | 03/15/33 | 40,000 | 42,274 | ||||||||||
| NetApp, Inc. | 5.50 | 03/17/32 | 30,000 | 31,277 | ||||||||||
| NetApp, Inc. | 5.70 | 03/17/35 | 40,000 | 41,859 | ||||||||||
| Western Digital Corp. | 3.10 | 02/01/32 | 25,000 | 22,757 | ||||||||||
| 1,266,987 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.2% | ||||||||||||||
| Haleon US Capital LLC | 3.63 | 03/24/32 | 115,000 | 108,915 | ||||||||||
| DISTRIBUTION/WHOLESALE – 0.1% | ||||||||||||||
| LKQ Corp. | 6.25 | 06/15/33 | 30,000 | 32,000 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.7% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.30 | 01/30/32 | 240,000 | 221,705 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.40 | 10/29/33 | 90,000 | 81,185 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.38 | 11/15/30 | 25,000 | 24,879 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.95 | 09/10/34 | 65,000 | 64,748 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.30 | 01/19/34 | 40,000 | 40,897 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 5.38 | 12/15/31 | 45,000 | 46,556 | ||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 6.50 | 01/31/56 | 25,000 | 25,862 | ||||||||||
| Air Lease Corp. | 2.88 | 01/15/32 | 40,000 | 35,829 | ||||||||||
| Air Lease Corp. | 3.13 | 12/01/30 | 45,000 | 41,594 | ||||||||||
| Air Lease Corp. | 5.20 | 07/15/31 | 40,000 | 40,721 | ||||||||||
| Ally Financial, Inc. | 5.55 | 07/31/33 | 30,000 | 30,126 | ||||||||||
| Ally Financial, Inc. | 6.18 | 07/26/35 | 45,000 | 46,595 | ||||||||||
| Ally Financial, Inc. | 8.00 | 11/01/31 | 120,000 | 136,521 | ||||||||||
| Ally Financial, Inc. | 8.00 | 11/01/31 | 30,000 | 34,080 | ||||||||||
| American Express Co. | 4.99 | 05/26/33 | 35,000 | 35,814 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 4.7% (Continued) | ||||||||||||||
| American Express Co. | 5.63 | 07/28/34 | $ | 30,000 | $ | 31,494 | ||||||||
| American Express Co. | 5.92 | 04/25/35 | 30,000 | 32,065 | ||||||||||
| Apollo Global Management, Inc. | 6.00 | 12/15/54 | 35,000 | 34,859 | ||||||||||
| Blue Owl Finance LLC | 3.13 | 06/10/31 | 40,000 | 36,261 | ||||||||||
| Blue Owl Finance LLC | 6.25 | 04/18/34 | 60,000 | 62,311 | ||||||||||
| Capital One Financial Corp. | 2.36 | 07/29/32 | 60,000 | 52,121 | ||||||||||
| Capital One Financial Corp. | 2.62 | 11/02/32 | 35,000 | 31,156 | ||||||||||
| Capital One Financial Corp. | 5.20 | 09/11/36 | 85,000 | 84,464 | ||||||||||
| Capital One Financial Corp. | 5.27 | 05/10/33 | 60,000 | 61,277 | ||||||||||
| Capital One Financial Corp. | 5.82 | 02/01/34 | 70,000 | 73,467 | ||||||||||
| Capital One Financial Corp. | 5.88 | 07/26/35 | 50,000 | 52,344 | ||||||||||
| Capital One Financial Corp. | 6.05 | 02/01/35 | 60,000 | 63,647 | ||||||||||
| Capital One Financial Corp. | 6.18 | 01/30/36 | 110,000 | 114,770 | ||||||||||
| Capital One Financial Corp. | 6.38 | 06/08/34 | 100,000 | 108,317 | ||||||||||
| Capital One Financial Corp. | 6.70 | 11/29/32 | 45,000 | 49,697 | ||||||||||
| Capital One Financial Corp. | 7.96 | 11/02/34 | 55,000 | 64,887 | ||||||||||
| Jefferies Financial Group, Inc. | 2.63 | 10/15/31 | 55,000 | 48,298 | ||||||||||
| Jefferies Financial Group, Inc. | 2.75 | 10/15/32 | 35,000 | 30,269 | ||||||||||
| Jefferies Financial Group, Inc. | 6.20 | 04/14/34 | 80,000 | 84,008 | ||||||||||
| LPL Holdings, Inc. | 5.65 | 03/15/35 | 25,000 | 25,503 | ||||||||||
| LPL Holdings, Inc. | 5.75 | 06/15/35 | 30,000 | 30,800 | ||||||||||
| LPL Holdings, Inc. | 6.00 | 05/20/34 | 30,000 | 31,427 | ||||||||||
| Nasdaq, Inc. | 1.65 | 01/15/31 | 40,000 | 35,153 | ||||||||||
| Nasdaq, Inc. | 5.55 | 02/15/34 | 60,000 | 62,972 | ||||||||||
| Nomura Holdings, Inc. | 2.61 | 07/14/31 | 50,000 | 45,043 | ||||||||||
| Nomura Holdings, Inc. | 3.00 | 01/22/32 | 35,000 | 31,752 | ||||||||||
| Nomura Holdings, Inc. | 5.04 | 06/10/36 | 45,000 | 44,725 | ||||||||||
| Nomura Holdings, Inc. | 5.49 | 06/29/35 | 35,000 | 36,222 | ||||||||||
| Nomura Holdings, Inc. | 5.78 | 07/03/34 | 60,000 | 63,641 | ||||||||||
| Nomura Holdings, Inc. | 6.09 | 07/12/33 | 30,000 | 32,629 | ||||||||||
| Nomura Holdings, Inc. | 6.18 | 01/18/33 | 50,000 | 54,221 | ||||||||||
| Synchrony Financial | 2.88 | 10/28/31 | 40,000 | 35,520 | ||||||||||
| Synchrony Financial | 6.00 | 07/29/36 | 30,000 | 30,644 | ||||||||||
| 2,583,076 | ||||||||||||||
| ELECTRIC – 7.9% | ||||||||||||||
| AEP Texas, Inc. | 4.70 | 05/15/32 | 25,000 | 25,036 | ||||||||||
| AEP Texas, Inc. | 5.70 | 05/15/34 | 30,000 | 31,346 | ||||||||||
| AES Corp. | 2.45 | 01/15/31 | 50,000 | 45,309 | ||||||||||
| AES Corp. | 5.80 | 03/15/32 | 50,000 | 51,168 | ||||||||||
| Alliant Energy Corp. | 5.75 | 04/01/56 | 40,000 | 40,187 | ||||||||||
| Ameren Corp. | 3.50 | 01/15/31 | 50,000 | 47,839 | ||||||||||
| Ameren Corp. | 5.38 | 03/15/35 | 35,000 | 36,014 | ||||||||||
| American Electric Power Co., Inc. | 5.63 | 03/01/33 | 55,000 | 57,923 | ||||||||||
| American Electric Power Co., Inc. | 5.80 | 03/15/56 | 60,000 | 60,121 | ||||||||||
| American Electric Power Co., Inc. | 5.95 | 11/01/32 | 25,000 | 26,842 | ||||||||||
| American Electric Power Co., Inc. | 6.95 | 12/15/54 | 35,000 | 38,274 | ||||||||||
| Appalachian Power Co. | 2.70 | 04/01/31 | 25,000 | 22,788 | ||||||||||
| Appalachian Power Co. | 4.50 | 08/01/32 | 35,000 | 34,716 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 7.9% (Continued) | ||||||||||||||
| Arizona Public Service Co. | 5.55 | 08/01/33 | $ | 35,000 | $ | 36,696 | ||||||||
| Arizona Public Service Co. | 5.70 | 08/15/34 | 35,000 | 36,816 | ||||||||||
| CenterPoint Energy, Inc. | 5.95 | 04/01/56 | 40,000 | 40,495 | ||||||||||
| CMS Energy Corp. | 6.50 | 06/01/55 | 55,000 | 57,313 | ||||||||||
| Constellation Energy Generation LLC | 5.80 | 03/01/33 | 45,000 | 48,090 | ||||||||||
| Constellation Energy Generation LLC | 6.13 | 01/15/34 | 25,000 | 27,226 | ||||||||||
| Dominion Energy, Inc. | 2.25 | 08/15/31 | 50,000 | 44,402 | ||||||||||
| Dominion Energy, Inc. | 5.25 | 08/01/33 | 25,000 | 25,634 | ||||||||||
| Dominion Energy, Inc. | 5.38 | 11/15/32 | 45,000 | 46,829 | ||||||||||
| Dominion Energy, Inc. | 5.45 | 03/15/35 | 35,000 | 35,989 | ||||||||||
| Dominion Energy, Inc. | 5.95 | 06/15/35 | 30,000 | 32,012 | ||||||||||
| Dominion Energy, Inc. | 6.00 | 02/15/56 | 75,000 | 76,126 | ||||||||||
| Dominion Energy, Inc. | 6.63 | 05/15/55 | 80,000 | 83,520 | ||||||||||
| Dominion Energy, Inc. | 7.00 | 06/01/54 | 60,000 | 65,603 | ||||||||||
| DTE Energy Co. | 5.05 | 10/01/35 | 25,000 | 25,011 | ||||||||||
| DTE Energy Co. | 5.85 | 06/01/34 | 55,000 | 58,591 | ||||||||||
| Duke Energy Corp. | 2.55 | 06/15/31 | 50,000 | 45,322 | ||||||||||
| Duke Energy Corp. | 4.50 | 08/15/32 | 65,000 | 64,709 | ||||||||||
| Duke Energy Corp. | 4.95 | 09/15/35 | 65,000 | 64,654 | ||||||||||
| Duke Energy Corp. | 5.45 | 06/15/34 | 45,000 | 46,901 | ||||||||||
| Duke Energy Corp. | 5.75 | 09/15/33 | 40,000 | 42,476 | ||||||||||
| Duke Energy Corp. | 6.45 | 09/01/54 | 55,000 | 58,259 | ||||||||||
| Edison International | 5.25 | 03/15/32 | 35,000 | 34,672 | ||||||||||
| Entergy Corp. | 2.40 | 06/15/31 | 35,000 | 31,357 | ||||||||||
| Eversource Energy | 3.38 | 03/01/32 | 45,000 | 41,712 | ||||||||||
| Eversource Energy | 4.45 | 12/15/30 | 25,000 | 24,957 | ||||||||||
| Eversource Energy | 5.13 | 05/15/33 | 55,000 | 55,866 | ||||||||||
| Eversource Energy | 5.50 | 01/01/34 | 40,000 | 41,478 | ||||||||||
| Eversource Energy | 5.85 | 04/15/31 | 40,000 | 42,337 | ||||||||||
| Eversource Energy | 5.95 | 07/15/34 | 35,000 | 37,269 | ||||||||||
| Exelon Corp. | 3.35 | 03/15/32 | 30,000 | 28,106 | ||||||||||
| Exelon Corp. | 5.13 | 03/15/31 | 35,000 | 36,215 | ||||||||||
| Exelon Corp. | 5.30 | 03/15/33 | 50,000 | 51,979 | ||||||||||
| Exelon Corp. | 5.45 | 03/15/34 | 30,000 | 31,238 | ||||||||||
| Exelon Corp. | 5.63 | 06/15/35 | 40,000 | 41,941 | ||||||||||
| Exelon Corp. | 6.50 | 03/15/55 | 55,000 | 57,888 | ||||||||||
| Interstate Power & Light Co. | 5.60 | 06/29/35 | 40,000 | 41,791 | ||||||||||
| National Grid PLC | 5.42 | 01/11/34 | 40,000 | 41,577 | ||||||||||
| National Grid PLC | 5.81 | 06/12/33 | 50,000 | 53,331 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 2.44 | 01/15/32 | 60,000 | 53,185 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.00 | 07/15/32 | 60,000 | 61,428 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.05 | 02/28/33 | 55,000 | 56,302 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.25 | 03/15/34 | 70,000 | 72,003 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.30 | 03/15/32 | 35,000 | 36,480 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.45 | 03/15/35 | 55,000 | 57,047 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.50 | 08/15/55 | 60,000 | 64,241 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 6.75 | 06/15/54 | 70,000 | 75,851 | ||||||||||
| Pacific Gas & Electric Co. | 2.50 | 02/01/31 | 105,000 | 93,977 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 7.9% (Continued) | ||||||||||||||
| Pacific Gas & Electric Co. | 3.25 | 06/01/31 | $ | 55,000 | $ | 50,816 | ||||||||
| Pacific Gas & Electric Co. | 5.05 | 10/15/32 | 50,000 | 50,168 | ||||||||||
| Pacific Gas & Electric Co. | 5.70 | 03/01/35 | 50,000 | 51,417 | ||||||||||
| Pacific Gas & Electric Co. | 5.80 | 05/15/34 | 65,000 | 67,473 | ||||||||||
| Pacific Gas & Electric Co. | 5.90 | 06/15/32 | 35,000 | 36,686 | ||||||||||
| Pacific Gas & Electric Co. | 6.00 | 08/15/35 | 55,000 | 57,765 | ||||||||||
| Pacific Gas & Electric Co. | 6.15 | 01/15/33 | 40,000 | 42,483 | ||||||||||
| Pacific Gas & Electric Co. | 6.40 | 06/15/33 | 75,000 | 80,880 | ||||||||||
| Pacific Gas & Electric Co. | 6.95 | 03/15/34 | 50,000 | 55,581 | ||||||||||
| PPL Capital Funding, Inc. | 5.25 | 09/01/34 | 40,000 | 41,029 | ||||||||||
| Progress Energy, Inc. | 7.75 | 03/01/31 | 35,000 | 40,216 | ||||||||||
| Public Service Co. of Oklahoma | 5.20 | 01/15/35 | 30,000 | 30,426 | ||||||||||
| Public Service Enterprise Group, Inc. | 2.45 | 11/15/31 | 50,000 | 44,526 | ||||||||||
| Public Service Enterprise Group, Inc. | 5.45 | 04/01/34 | 25,000 | 25,982 | ||||||||||
| Puget Energy, Inc. | 5.73 | 03/15/35 | 35,000 | 36,001 | ||||||||||
| Sempra | 5.50 | 08/01/33 | 45,000 | 47,063 | ||||||||||
| Sempra | 6.38 | 04/01/56 | 45,000 | 46,345 | ||||||||||
| Sempra | 6.40 | 10/01/54 | 65,000 | 66,904 | ||||||||||
| Sempra | 6.55 | 04/01/55 | 40,000 | 40,972 | ||||||||||
| Southern Co. | 4.85 | 03/15/35 | 45,000 | 44,580 | ||||||||||
| Southern Co. | 5.20 | 06/15/33 | 40,000 | 41,171 | ||||||||||
| Southern Co. | 5.70 | 10/15/32 | 35,000 | 37,164 | ||||||||||
| Southern Co. | 5.70 | 03/15/34 | 60,000 | 63,393 | ||||||||||
| Southern Co. | 6.38 | 03/15/55 | 110,000 | 117,827 | ||||||||||
| Southern Power Co. | 4.90 | 10/01/35 | 25,000 | 24,722 | ||||||||||
| System Energy Resources, Inc. | 5.30 | 12/15/34 | 30,000 | 30,306 | ||||||||||
| Wisconsin Power & Light Co. | 3.95 | 09/01/32 | 30,000 | 28,872 | ||||||||||
| Xcel Energy, Inc. | 4.60 | 06/01/32 | 45,000 | 44,709 | ||||||||||
| Xcel Energy, Inc. | 5.45 | 08/15/33 | 55,000 | 57,082 | ||||||||||
| Xcel Energy, Inc. | 5.50 | 03/15/34 | 50,000 | 51,800 | ||||||||||
| Xcel Energy, Inc. | 5.60 | 04/15/35 | 35,000 | 36,394 | ||||||||||
| 4,335,218 | ||||||||||||||
| ELECTRICAL COMPONENTS & EQUIPMENT – 0.0% | ||||||||||||||
| Acuity Brands Lighting, Inc. | 2.15 | 12/15/30 | 25,000 | 22,465 | ||||||||||
| ELECTRONICS – 0.6% | ||||||||||||||
| Allegion US Holding Co., Inc. | 5.41 | 07/01/32 | 30,000 | 31,226 | ||||||||||
| Arrow Electronics, Inc. | 2.95 | 02/15/32 | 40,000 | 35,824 | ||||||||||
| Arrow Electronics, Inc. | 5.88 | 04/10/34 | 25,000 | 26,133 | ||||||||||
| Flex Ltd. | 5.25 | 01/15/32 | 25,000 | 25,663 | ||||||||||
| Jabil, Inc. | 3.00 | 01/15/31 | 30,000 | 27,719 | ||||||||||
| Keysight Technologies, Inc. | 4.95 | 10/15/34 | 30,000 | 30,254 | ||||||||||
| TD SYNNEX Corp. | 5.30 | 10/10/35 | 35,000 | 35,048 | ||||||||||
| TD SYNNEX Corp. | 6.10 | 04/12/34 | 30,000 | 31,727 | ||||||||||
| Trimble, Inc. | 6.10 | 03/15/33 | 50,000 | 53,642 | ||||||||||
| Vontier Corp. | 2.95 | 04/01/31 | 45,000 | 40,967 | ||||||||||
| 338,203 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ENGINEERING & CONSTRUCTION – 0.1% | ||||||||||||||
| Jacobs Engineering Group, Inc. | 5.90 | 03/01/33 | $ | 30,000 | $ | 31,584 | ||||||||
| ENVIRONMENTAL CONTROL – 0.1% | ||||||||||||||
| Veralto Corp. | 5.45 | 09/18/33 | 45,000 | 47,145 | ||||||||||
| FOOD – 2.9% | ||||||||||||||
| Campbell’s Co. | 4.75 | 03/23/35 | 50,000 | 48,498 | ||||||||||
| Campbell’s Co. | 5.40 | 03/21/34 | 60,000 | 61,585 | ||||||||||
| Conagra Brands, Inc. | 5.75 | 08/01/35 | 35,000 | 35,825 | ||||||||||
| Flowers Foods, Inc. | 2.40 | 03/15/31 | 25,000 | 22,184 | ||||||||||
| Flowers Foods, Inc. | 5.75 | 03/15/35 | 30,000 | 30,378 | ||||||||||
| General Mills, Inc. | 2.25 | 10/14/31 | 30,000 | 26,553 | ||||||||||
| General Mills, Inc. | 4.95 | 03/29/33 | 55,000 | 55,825 | ||||||||||
| General Mills, Inc. | 5.25 | 01/30/35 | 40,000 | 40,815 | ||||||||||
| J M Smucker Co. | 4.25 | 03/15/35 | 35,000 | 33,127 | ||||||||||
| J M Smucker Co. | 6.20 | 11/15/33 | 60,000 | 65,120 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.00 | 05/15/32 | 60,000 | 53,731 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 3.63 | 01/15/32 | 50,000 | 46,779 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 5.75 | 04/01/33 | 103,000 | 107,375 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 6.75 | 03/15/34 | 85,000 | 93,832 | ||||||||||
| Kellanova | 7.45 | 04/01/31 | 35,000 | 40,213 | ||||||||||
| Kraft Heinz Foods Co. | 5.00 | 07/15/35 | 30,000 | 29,861 | ||||||||||
| Kraft Heinz Foods Co. | 5.20 | 03/15/32 | 25,000 | 25,663 | ||||||||||
| Kraft Heinz Foods Co. | 5.40 | 03/15/35 | 35,000 | 35,873 | ||||||||||
| Kroger Co. | 1.70 | 01/15/31 | 25,000 | 21,923 | ||||||||||
| Kroger Co. | 5.00 | 09/15/34 | 130,000 | 131,161 | ||||||||||
| McCormick & Co., Inc./MD | 1.85 | 02/15/31 | 40,000 | 35,194 | ||||||||||
| McCormick & Co., Inc./MD | 4.70 | 10/15/34 | 25,000 | 24,592 | ||||||||||
| McCormick & Co., Inc./MD | 4.95 | 04/15/33 | 30,000 | 30,500 | ||||||||||
| Mondelez International, Inc. | 1.50 | 02/04/31 | 25,000 | 21,686 | ||||||||||
| Mondelez International, Inc. | 1.88 | 10/15/32 | 45,000 | 38,503 | ||||||||||
| Mondelez International, Inc. | 3.00 | 03/17/32 | 40,000 | 36,581 | ||||||||||
| Mondelez International, Inc. | 4.75 | 08/28/34 | 35,000 | 34,955 | ||||||||||
| Pilgrim’s Pride Corp. | 3.50 | 03/01/32 | 60,000 | 54,991 | ||||||||||
| Pilgrim’s Pride Corp. | 4.25 | 04/15/31 | 50,000 | 48,431 | ||||||||||
| Pilgrim’s Pride Corp. | 6.25 | 07/01/33 | 50,000 | 53,351 | ||||||||||
| Pilgrim’s Pride Corp. | 6.88 | 05/15/34 | 35,000 | 38,811 | ||||||||||
| Sysco Corp. | 5.40 | 03/23/35 | 30,000 | 31,053 | ||||||||||
| Sysco Corp. | 6.00 | 01/17/34 | 25,000 | 27,125 | ||||||||||
| Tyson Foods, Inc. | 4.88 | 08/15/34 | 25,000 | 24,899 | ||||||||||
| Tyson Foods, Inc. | 5.70 | 03/15/34 | 55,000 | 57,845 | ||||||||||
| 1,564,838 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.2% | ||||||||||||||
| Suzano Austria GmbH | 3.13 | 01/15/32 | 65,000 | 58,257 | ||||||||||
| Suzano Austria GmbH | 3.75 | 01/15/31 | 70,000 | 66,163 | ||||||||||
| 124,420 | ||||||||||||||
| GAS – 0.6% | ||||||||||||||
| National Fuel Gas Co. | 2.95 | 03/01/31 | 25,000 | 22,776 | ||||||||||
| National Fuel Gas Co. | 5.95 | 03/15/35 | 25,000 | 26,102 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GAS – 0.6% (Continued) | ||||||||||||||
| NiSource, Inc. | 1.70 | 02/15/31 | $ | 45,000 | $ | 39,203 | ||||||||
| NiSource, Inc. | 5.35 | 04/01/34 | 40,000 | 41,211 | ||||||||||
| NiSource, Inc. | 5.35 | 07/15/35 | 50,000 | 51,023 | ||||||||||
| NiSource, Inc. | 6.38 | 03/31/55 | 30,000 | 31,037 | ||||||||||
| Southern Co. Gas Capital Corp. | 1.75 | 01/15/31 | 20,000 | 17,562 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.15 | 09/15/32 | 35,000 | 36,013 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.75 | 09/15/33 | 25,000 | 26,497 | ||||||||||
| Southwest Gas Corp. | 4.05 | 03/15/32 | 30,000 | 28,922 | ||||||||||
| 320,346 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.0% | ||||||||||||||
| Stanley Black & Decker, Inc. | 3.00 | 05/15/32 | 30,000 | 26,981 | ||||||||||
| HEALTHCARE-PRODUCTS – 1.6% | ||||||||||||||
| Agilent Technologies, Inc. | 2.30 | 03/12/31 | 45,000 | 40,480 | ||||||||||
| Agilent Technologies, Inc. | 4.75 | 09/09/34 | 40,000 | 39,940 | ||||||||||
| Baxter International, Inc. | 1.73 | 04/01/31 | 45,000 | 38,623 | ||||||||||
| Baxter International, Inc. | 2.54 | 02/01/32 | 80,000 | 69,989 | ||||||||||
| GE HealthCare Technologies, Inc. | 4.80 | 01/15/31 | 40,000 | 40,755 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.50 | 06/15/35 | 50,000 | 51,825 | ||||||||||
| GE HealthCare Technologies, Inc. | 5.91 | 11/22/32 | 100,000 | 107,658 | ||||||||||
| Revvity, Inc. | 2.25 | 09/15/31 | 25,000 | 21,837 | ||||||||||
| Smith & Nephew PLC | 5.40 | 03/20/34 | 45,000 | 46,573 | ||||||||||
| Solventum Corp. | 5.45 | 03/13/31 | 60,000 | 62,464 | ||||||||||
| Solventum Corp. | 5.60 | 03/23/34 | 95,000 | 98,845 | ||||||||||
| STERIS Irish FinCo UnLtd. Co. | 2.70 | 03/15/31 | 50,000 | 45,675 | ||||||||||
| Stryker Corp. | 4.63 | 09/11/34 | 45,000 | 44,830 | ||||||||||
| Stryker Corp. | 5.20 | 02/10/35 | 65,000 | 67,016 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 2.60 | 11/24/31 | 40,000 | 36,067 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.20 | 09/15/34 | 45,000 | 46,097 | ||||||||||
| Zimmer Biomet Holdings, Inc. | 5.50 | 02/19/35 | 30,000 | 31,308 | ||||||||||
| 889,982 | ||||||||||||||
| HEALTHCARE-SERVICES – 3.9% | ||||||||||||||
| Centene Corp. | 2.50 | 03/01/31 | 120,000 | 103,377 | ||||||||||
| Centene Corp. | 2.63 | 08/01/31 | 75,000 | 64,397 | ||||||||||
| Cigna Group | 2.38 | 03/15/31 | 90,000 | 81,109 | ||||||||||
| Cigna Group | 4.88 | 09/15/32 | 70,000 | 70,612 | ||||||||||
| Cigna Group | 5.13 | 05/15/31 | 50,000 | 51,785 | ||||||||||
| Cigna Group | 5.25 | 02/15/34 | 65,000 | 66,875 | ||||||||||
| Cigna Group | 5.40 | 03/15/33 | 45,000 | 46,945 | ||||||||||
| Elevance Health, Inc. | 2.55 | 03/15/31 | 65,000 | 59,177 | ||||||||||
| Elevance Health, Inc. | 4.10 | 05/15/32 | 30,000 | 29,164 | ||||||||||
| Elevance Health, Inc. | 4.60 | 09/15/32 | 35,000 | 34,885 | ||||||||||
| Elevance Health, Inc. | 4.75 | 02/15/33 | 65,000 | 65,288 | ||||||||||
| Elevance Health, Inc. | 4.95 | 11/01/31 | 45,000 | 45,945 | ||||||||||
| Elevance Health, Inc. | 5.20 | 02/15/35 | 70,000 | 71,441 | ||||||||||
| Elevance Health, Inc. | 5.38 | 06/15/34 | 60,000 | 61,997 | ||||||||||
| Elevance Health, Inc. | 5.50 | 10/15/32 | 40,000 | 42,100 | ||||||||||
| HCA, Inc. | 2.38 | 07/15/31 | 45,000 | 40,134 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-SERVICES – 3.9% (Continued) | ||||||||||||||
| HCA, Inc. | 3.63 | 03/15/32 | $ | 105,000 | $ | 98,842 | ||||||||
| HCA, Inc. | 4.30 | 11/15/30 | 30,000 | 29,857 | ||||||||||
| HCA, Inc. | 4.60 | 11/15/32 | 55,000 | 54,662 | ||||||||||
| HCA, Inc. | 5.45 | 04/01/31 | 110,000 | 114,505 | ||||||||||
| HCA, Inc. | 5.45 | 09/15/34 | 80,000 | 82,291 | ||||||||||
| HCA, Inc. | 5.50 | 03/01/32 | 45,000 | 47,006 | ||||||||||
| HCA, Inc. | 5.50 | 06/01/33 | 65,000 | 67,743 | ||||||||||
| HCA, Inc. | 5.60 | 04/01/34 | 75,000 | 78,115 | ||||||||||
| HCA, Inc. | 5.75 | 03/01/35 | 90,000 | 94,472 | ||||||||||
| Humana, Inc. | 2.15 | 02/03/32 | 45,000 | 38,773 | ||||||||||
| Humana, Inc. | 5.38 | 04/15/31 | 85,000 | 87,826 | ||||||||||
| Humana, Inc. | 5.55 | 05/01/35 | 45,000 | 46,058 | ||||||||||
| Humana, Inc. | 5.88 | 03/01/33 | 35,000 | 36,897 | ||||||||||
| Humana, Inc. | 5.95 | 03/15/34 | 55,000 | 57,999 | ||||||||||
| Icon Investments Six DAC | 6.00 | 05/08/34 | 25,000 | 26,243 | ||||||||||
| Laboratory Corp. of America Holdings | 2.70 | 06/01/31 | 25,000 | 22,871 | ||||||||||
| Laboratory Corp. of America Holdings | 4.55 | 04/01/32 | 25,000 | 24,899 | ||||||||||
| Laboratory Corp. of America Holdings | 4.80 | 10/01/34 | 60,000 | 59,493 | ||||||||||
| Quest Diagnostics, Inc. | 2.80 | 06/30/31 | 35,000 | 32,194 | ||||||||||
| Quest Diagnostics, Inc. | 5.00 | 12/15/34 | 50,000 | 50,535 | ||||||||||
| Quest Diagnostics, Inc. | 6.40 | 11/30/33 | 40,000 | 44,414 | ||||||||||
| Universal Health Services, Inc. | 5.05 | 10/15/34 | 30,000 | 29,417 | ||||||||||
| 2,160,343 | ||||||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Meritage Homes Corp. | 5.65 | 03/15/35 | 30,000 | 30,467 | ||||||||||
| Toll Brothers Finance Corp. | 5.60 | 06/15/35 | 30,000 | 30,801 | ||||||||||
| 61,268 | ||||||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.2% | ||||||||||||||
| Avery Dennison Corp. | 2.25 | 02/15/32 | 30,000 | 26,082 | ||||||||||
| Church & Dwight Co., Inc. | 5.60 | 11/15/32 | 25,000 | 26,594 | ||||||||||
| Clorox Co. | 4.60 | 05/01/32 | 35,000 | 35,324 | ||||||||||
| 88,000 | ||||||||||||||
| INSURANCE – 3.9% | ||||||||||||||
| Allstate Corp. | 1.45 | 12/15/30 | 40,000 | 34,673 | ||||||||||
| Allstate Corp. | 5.25 | 03/30/33 | 40,000 | 41,460 | ||||||||||
| Allstate Corp. | 5.55 | 05/09/35 | 30,000 | 31,543 | ||||||||||
| American International Group, Inc. | 3.88 | 01/15/35 | 25,000 | 23,310 | ||||||||||
| American International Group, Inc. | 5.13 | 03/27/33 | 45,000 | 46,256 | ||||||||||
| American International Group, Inc. | 5.45 | 05/07/35 | 40,000 | 41,652 | ||||||||||
| American National Group, Inc. | 6.00 | 07/15/35 | 40,000 | 40,694 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 2.60 | 12/02/31 | 25,000 | 22,505 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 5.00 | 09/12/32 | 35,000 | 35,946 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 5.35 | 02/28/33 | 40,000 | 41,676 | ||||||||||
| Aon North America, Inc. | 5.30 | 03/01/31 | 40,000 | 41,667 | ||||||||||
| Aon North America, Inc. | 5.45 | 03/01/34 | 100,000 | 104,180 | ||||||||||
| Arthur J Gallagher & Co. | 5.00 | 02/15/32 | 25,000 | 25,512 | ||||||||||
| Arthur J Gallagher & Co. | 5.15 | 02/15/35 | 85,000 | 85,923 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INSURANCE – 3.9% (Continued) | ||||||||||||||
| Arthur J Gallagher & Co. | 5.45 | 07/15/34 | $ | 35,000 | $ | 36,348 | ||||||||
| Assured Guaranty US Holdings, Inc. | 3.15 | 06/15/31 | 25,000 | 23,419 | ||||||||||
| Athene Holding Ltd. | 3.50 | 01/15/31 | 25,000 | 23,691 | ||||||||||
| Athene Holding Ltd. | 5.88 | 01/15/34 | 35,000 | 36,348 | ||||||||||
| Athene Holding Ltd. | 6.63 | 10/15/54 | 35,000 | 34,832 | ||||||||||
| Athene Holding Ltd. | 6.88 | 06/28/55 | 35,000 | 35,272 | ||||||||||
| Brown & Brown, Inc. | 2.38 | 03/15/31 | 30,000 | 26,755 | ||||||||||
| Brown & Brown, Inc. | 4.20 | 03/17/32 | 40,000 | 38,656 | ||||||||||
| Brown & Brown, Inc. | 5.25 | 06/23/32 | 35,000 | 35,858 | ||||||||||
| Brown & Brown, Inc. | 5.55 | 06/23/35 | 60,000 | 61,827 | ||||||||||
| Brown & Brown, Inc. | 5.65 | 06/11/34 | 30,000 | 31,087 | ||||||||||
| CNA Financial Corp. | 5.13 | 02/15/34 | 25,000 | 25,166 | ||||||||||
| CNA Financial Corp. | 5.20 | 08/15/35 | 20,000 | 20,015 | ||||||||||
| CNA Financial Corp. | 5.50 | 06/15/33 | 35,000 | 36,307 | ||||||||||
| CNO Financial Group, Inc. | 6.45 | 06/15/34 | 40,000 | 42,418 | ||||||||||
| Corebridge Financial, Inc. | 3.90 | 04/05/32 | 75,000 | 71,410 | ||||||||||
| Corebridge Financial, Inc. | 5.75 | 01/15/34 | 45,000 | 47,149 | ||||||||||
| Corebridge Financial, Inc. | 6.38 | 09/15/54 | 50,000 | 51,573 | ||||||||||
| Enstar Group Ltd. | 3.10 | 09/01/31 | 35,000 | 31,383 | ||||||||||
| Equitable Holdings, Inc. | 5.59 | 01/11/33 | 35,000 | 36,701 | ||||||||||
| Equitable Holdings, Inc. | 6.70 | 03/28/55 | 25,000 | 26,239 | ||||||||||
| F&G Annuities & Life, Inc. | 6.25 | 10/04/34 | 25,000 | 25,428 | ||||||||||
| Fairfax Financial Holdings Ltd. | 3.38 | 03/03/31 | 30,000 | 28,205 | ||||||||||
| Fairfax Financial Holdings Ltd. | 5.63 | 08/16/32 | 35,000 | 36,565 | ||||||||||
| Fairfax Financial Holdings Ltd.(1) | 5.75 | 05/20/35 | 30,000 | 31,310 | ||||||||||
| Fairfax Financial Holdings Ltd. | 6.00 | 12/07/33 | 50,000 | 53,240 | ||||||||||
| Fidelity National Financial, Inc. | 2.45 | 03/15/31 | 35,000 | 31,014 | ||||||||||
| First American Financial Corp. | 2.40 | 08/15/31 | 35,000 | 30,529 | ||||||||||
| Hanover Insurance Group, Inc. | 5.50 | 09/01/35 | 30,000 | 30,481 | ||||||||||
| Lincoln National Corp. | 3.40 | 01/15/31 | 25,000 | 23,697 | ||||||||||
| MetLife, Inc. | 6.35 | 03/15/55 | 60,000 | 63,783 | ||||||||||
| Primerica, Inc. | 2.80 | 11/19/31 | 45,000 | 40,734 | ||||||||||
| Prudential Financial, Inc. | 5.13 | 03/01/52 | 45,000 | 44,974 | ||||||||||
| Prudential Financial, Inc. | 6.00 | 09/01/52 | 70,000 | 73,002 | ||||||||||
| Prudential Financial, Inc. | 6.50 | 03/15/54 | 65,000 | 69,242 | ||||||||||
| Prudential Financial, Inc. | 6.75 | 03/01/53 | 35,000 | 37,474 | ||||||||||
| Reinsurance Group of America, Inc. | 5.75 | 09/15/34 | 35,000 | 36,538 | ||||||||||
| Reinsurance Group of America, Inc. | 6.65 | 09/15/55 | 40,000 | 41,890 | ||||||||||
| Willis North America, Inc. | 5.35 | 05/15/33 | 50,000 | 51,718 | ||||||||||
| 2,139,275 | ||||||||||||||
| INTERNET – 1.0% | ||||||||||||||
| AppLovin Corp. | 5.38 | 12/01/31 | 65,000 | 67,137 | ||||||||||
| AppLovin Corp. | 5.50 | 12/01/34 | 60,000 | 61,717 | ||||||||||
| eBay, Inc. | 2.60 | 05/10/31 | 40,000 | 36,448 | ||||||||||
| Expedia Group, Inc. | 5.40 | 02/15/35 | 60,000 | 61,516 | ||||||||||
| MercadoLibre, Inc. | 3.13 | 01/14/31 | 35,000 | 32,230 | ||||||||||
| Uber Technologies, Inc. | 4.15 | 01/15/31 | 60,000 | 59,532 | ||||||||||
| Uber Technologies, Inc. | 4.80 | 09/15/34 | 95,000 | 95,089 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INTERNET – 1.0% (Continued) | ||||||||||||||
| Uber Technologies, Inc. | 4.80 | 09/15/35 | $ | 70,000 | $ | 69,519 | ||||||||
| VeriSign, Inc. | 2.70 | 06/15/31 | 40,000 | 36,195 | ||||||||||
| VeriSign, Inc. | 5.25 | 06/01/32 | 30,000 | 30,732 | ||||||||||
| 550,115 | ||||||||||||||
| INVESTMENT COMPANIES – 1.1% | ||||||||||||||
| Apollo Debt Solutions BDC(1) | 6.55 | 03/15/32 | 25,000 | 25,995 | ||||||||||
| Apollo Debt Solutions BDC | 6.70 | 07/29/31 | 60,000 | 63,225 | ||||||||||
| Ares Capital Corp. | 3.20 | 11/15/31 | 35,000 | 30,999 | ||||||||||
| Ares Capital Corp. | 5.10 | 01/15/31 | 35,000 | 34,492 | ||||||||||
| Ares Capital Corp. | 5.80 | 03/08/32 | 60,000 | 60,600 | ||||||||||
| Ares Strategic Income Fund(1) | 5.15 | 01/15/31 | 25,000 | 24,521 | ||||||||||
| Ares Strategic Income Fund | 6.20 | 03/21/32 | 45,000 | 46,006 | ||||||||||
| Blackstone Private Credit Fund | 6.00 | 01/29/32 | 50,000 | 51,160 | ||||||||||
| Blackstone Private Credit Fund | 6.00 | 11/22/34 | 55,000 | 55,796 | ||||||||||
| Blackstone Secured Lending Fund | 5.13 | 01/31/31 | 35,000 | 34,531 | ||||||||||
| Blue Owl Credit Income Corp. | 6.65 | 03/15/31 | 40,000 | 41,607 | ||||||||||
| HA Sustainable Infrastructure Capital, Inc. | 6.15 | 01/15/31 | 30,000 | 30,789 | ||||||||||
| HA Sustainable Infrastructure Capital, Inc. | 6.38 | 07/01/34 | 60,000 | 60,633 | ||||||||||
| HPS Corporate Lending Fund(1) | 5.45 | 11/15/30 | 30,000 | 29,673 | ||||||||||
| 590,027 | ||||||||||||||
| IRON/STEEL – 0.6% | ||||||||||||||
| ArcelorMittal SA | 6.00 | 06/17/34 | 30,000 | 32,208 | ||||||||||
| ArcelorMittal SA | 6.80 | 11/29/32 | 60,000 | 66,946 | ||||||||||
| Gerdau Trade, Inc. | 5.75 | 06/09/35 | 35,000 | 36,369 | ||||||||||
| Steel Dynamics, Inc. | 3.25 | 01/15/31 | 25,000 | 23,694 | ||||||||||
| Steel Dynamics, Inc. | 5.25 | 05/15/35 | 40,000 | 41,028 | ||||||||||
| Steel Dynamics, Inc. | 5.38 | 08/15/34 | 30,000 | 31,157 | ||||||||||
| Vale Overseas Ltd. | 6.13 | 06/12/33 | 85,000 | 91,248 | ||||||||||
| 322,650 | ||||||||||||||
| LEISURE TIME – 0.0% | ||||||||||||||
| Brunswick Corp./DE | 2.40 | 08/18/31 | 30,000 | 26,120 | ||||||||||
| LODGING – 0.9% | ||||||||||||||
| Choice Hotels International, Inc. | 5.85 | 08/01/34 | 35,000 | 35,623 | ||||||||||
| Hyatt Hotels Corp. | 5.75 | 03/30/32 | 30,000 | 31,345 | ||||||||||
| Las Vegas Sands Corp. | 6.20 | 08/15/34 | 25,000 | 26,272 | ||||||||||
| Marriott International, Inc./MD | 2.75 | 10/15/33 | 50,000 | 43,492 | ||||||||||
| Marriott International, Inc./MD | 2.85 | 04/15/31 | 55,000 | 50,674 | ||||||||||
| Marriott International, Inc./MD | 3.50 | 10/15/32 | 55,000 | 51,200 | ||||||||||
| Marriott International, Inc./MD | 4.50 | 10/15/31 | 20,000 | 19,948 | ||||||||||
| Marriott International, Inc./MD | 5.10 | 04/15/32 | 40,000 | 41,136 | ||||||||||
| Marriott International, Inc./MD | 5.25 | 10/15/35 | 30,000 | 30,451 | ||||||||||
| Marriott International, Inc./MD | 5.30 | 05/15/34 | 60,000 | 61,663 | ||||||||||
| Marriott International, Inc./MD | 5.35 | 03/15/35 | 60,000 | 61,656 | ||||||||||
| Sands China Ltd. | 3.25 | 08/08/31 | 35,000 | 32,242 | ||||||||||
| 485,702 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MACHINERY-DIVERSIFIED – 1.0% | ||||||||||||||
| AGCO Corp. | 5.80 | 03/21/34 | $ | 35,000 | $ | 36,472 | ||||||||
| Flowserve Corp. | 2.80 | 01/15/32 | 30,000 | 26,687 | ||||||||||
| IDEX Corp. | 2.63 | 06/15/31 | 30,000 | 27,380 | ||||||||||
| Ingersoll Rand, Inc. | 5.31 | 06/15/31 | 25,000 | 26,119 | ||||||||||
| Ingersoll Rand, Inc. | 5.45 | 06/15/34 | 50,000 | 52,108 | ||||||||||
| Ingersoll Rand, Inc. | 5.70 | 08/14/33 | 60,000 | 63,827 | ||||||||||
| Nordson Corp. | 5.80 | 09/15/33 | 25,000 | 26,757 | ||||||||||
| nVent Finance Sarl | 5.65 | 05/15/33 | 25,000 | 26,175 | ||||||||||
| Otis Worldwide Corp. | 5.13 | 11/19/31 | 40,000 | 41,494 | ||||||||||
| Otis Worldwide Corp. | 5.13 | 09/04/35 | 25,000 | 25,388 | ||||||||||
| Regal Rexnord Corp. | 6.40 | 04/15/33 | 75,000 | 80,421 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 5.50 | 05/29/35 | 40,000 | 41,587 | ||||||||||
| Westinghouse Air Brake Technologies Corp. | 5.61 | 03/11/34 | 25,000 | 26,297 | ||||||||||
| Xylem, Inc./NY | 2.25 | 01/30/31 | 30,000 | 27,150 | ||||||||||
| 527,862 | ||||||||||||||
| MEDIA – 1.4% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.30 | 02/01/32 | 65,000 | 55,516 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 2.80 | 04/01/31 | 95,000 | 85,314 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.40 | 04/01/33 | 50,000 | 47,001 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.38 | 10/23/35 | 115,000 | 119,225 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.55 | 06/01/34 | 85,000 | 89,496 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.65 | 02/01/34 | 50,000 | 52,879 | ||||||||||
| FactSet Research Systems, Inc. | 3.45 | 03/01/32 | 25,000 | 23,124 | ||||||||||
| Fox Corp. | 6.50 | 10/13/33 | 75,000 | 82,427 | ||||||||||
| Paramount Global | 4.20 | 05/19/32 | 50,000 | 46,310 | ||||||||||
| Paramount Global | 4.95 | 01/15/31 | 75,000 | 73,608 | ||||||||||
| Time Warner Cable Enterprises LLC | 8.38 | 07/15/33 | 65,000 | 75,558 | ||||||||||
| 750,458 | ||||||||||||||
| MINING – 0.2% | ||||||||||||||
| Freeport-McMoRan, Inc. | 5.40 | 11/14/34 | 45,000 | 46,459 | ||||||||||
| Southern Copper Corp. | 7.50 | 07/27/35 | 55,000 | 65,536 | ||||||||||
| 111,995 | ||||||||||||||
| MISCELLANEOUS MANUFACTURER – 0.2% | ||||||||||||||
| Teledyne Technologies, Inc. | 2.75 | 04/01/31 | 55,000 | 50,751 | ||||||||||
| Textron, Inc. | 2.45 | 03/15/31 | 35,000 | 31,613 | ||||||||||
| Textron, Inc. | 5.50 | 05/15/35 | 25,000 | 25,940 | ||||||||||
| 108,304 | ||||||||||||||
| OFFICE/BUSINESS EQUIPMENT – 0.2% | ||||||||||||||
| CDW LLC/CDW Finance Corp. | 3.57 | 12/01/31 | 60,000 | 55,971 | ||||||||||
| CDW LLC/CDW Finance Corp. | 5.55 | 08/22/34 | 35,000 | 35,940 | ||||||||||
| 91,911 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 3.7% | ||||||||||||||
| Canadian Natural Resources Ltd.(1) | 5.40 | 12/15/34 | $ | 45,000 | $ | 45,895 | ||||||||
| Cenovus Energy, Inc. | 2.65 | 01/15/32 | 25,000 | 22,149 | ||||||||||
| Coterra Energy, Inc. | 5.40 | 02/15/35 | 50,000 | 50,382 | ||||||||||
| Coterra Energy, Inc. | 5.60 | 03/15/34 | 25,000 | 25,636 | ||||||||||
| Devon Energy Corp. | 5.20 | 09/15/34 | 75,000 | 74,579 | ||||||||||
| Devon Energy Corp. | 7.88 | 09/30/31 | 40,000 | 46,299 | ||||||||||
| Diamondback Energy, Inc. | 3.13 | 03/24/31 | 50,000 | 46,521 | ||||||||||
| Diamondback Energy, Inc. | 5.40 | 04/18/34 | 75,000 | 76,574 | ||||||||||
| Diamondback Energy, Inc. | 5.55 | 04/01/35 | 70,000 | 71,860 | ||||||||||
| Diamondback Energy, Inc. | 6.25 | 03/15/33 | 60,000 | 64,638 | ||||||||||
| EQT Corp. | 4.75 | 01/15/31 | 70,000 | 70,105 | ||||||||||
| EQT Corp. | 5.75 | 02/01/34 | 35,000 | 36,644 | ||||||||||
| Expand Energy Corp. | 4.75 | 02/01/32 | 75,000 | 73,790 | ||||||||||
| Expand Energy Corp. | 5.70 | 01/15/35 | 45,000 | 46,361 | ||||||||||
| Helmerich & Payne, Inc. | 2.90 | 09/29/31 | 55,000 | 48,787 | ||||||||||
| Helmerich & Payne, Inc. | 5.50 | 12/01/34 | 15,000 | 14,784 | ||||||||||
| HF Sinclair Corp. | 5.50 | 09/01/32 | 25,000 | 25,433 | ||||||||||
| HF Sinclair Corp. | 5.75 | 01/15/31 | 40,000 | 41,458 | ||||||||||
| HF Sinclair Corp. | 6.25 | 01/15/35 | 40,000 | 41,827 | ||||||||||
| Marathon Petroleum Corp. | 5.70 | 03/01/35 | 55,000 | 56,913 | ||||||||||
| Occidental Petroleum Corp. | 5.38 | 01/01/32 | 50,000 | 50,893 | ||||||||||
| Occidental Petroleum Corp. | 5.55 | 10/01/34 | 70,000 | 70,952 | ||||||||||
| Occidental Petroleum Corp. | 6.13 | 01/01/31 | 60,000 | 63,252 | ||||||||||
| Occidental Petroleum Corp. | 7.50 | 05/01/31 | 50,000 | 56,080 | ||||||||||
| Ovintiv, Inc. | 6.25 | 07/15/33 | 40,000 | 41,955 | ||||||||||
| Ovintiv, Inc. | 6.50 | 08/15/34 | 30,000 | 31,872 | ||||||||||
| Ovintiv, Inc. | 7.38 | 11/01/31 | 35,000 | 39,005 | ||||||||||
| Phillips 66 Co. | 2.15 | 12/15/30 | 40,000 | 35,779 | ||||||||||
| Phillips 66 Co. | 4.65 | 11/15/34 | 60,000 | 58,783 | ||||||||||
| Phillips 66 Co. | 4.95 | 03/15/35 | 35,000 | 34,769 | ||||||||||
| Phillips 66 Co. | 5.25 | 06/15/31 | 70,000 | 72,683 | ||||||||||
| Phillips 66 Co. | 5.30 | 06/30/33 | 55,000 | 56,652 | ||||||||||
| Phillips 66 Co. | 5.88 | 03/15/56 | 65,000 | 64,700 | ||||||||||
| Suncor Energy, Inc. | 5.95 | 12/01/34 | 25,000 | 26,380 | ||||||||||
| Suncor Energy, Inc. | 7.15 | 02/01/32 | 30,000 | 33,723 | ||||||||||
| Valero Energy Corp. | 7.50 | 04/15/32 | 40,000 | 46,095 | ||||||||||
| Viper Energy Partners LLC | 5.70 | 08/01/35 | 65,000 | 66,270 | ||||||||||
| Woodside Finance Ltd. | 5.10 | 09/12/34 | 70,000 | 69,476 | ||||||||||
| Woodside Finance Ltd. | 5.70 | 05/19/32 | 35,000 | 36,378 | ||||||||||
| Woodside Finance Ltd. | 6.00 | 05/19/35 | 65,000 | 68,003 | ||||||||||
| 2,004,335 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.9% | ||||||||||||||
| Amcor Finance USA, Inc. | 5.63 | 05/26/33 | 30,000 | 31,389 | ||||||||||
| Amcor Flexibles North America, Inc. | 2.69 | 05/25/31 | 45,000 | 41,000 | ||||||||||
| Amcor Flexibles North America, Inc. | 5.50 | 03/17/35 | 40,000 | 41,389 | ||||||||||
| Berry Global, Inc. | 5.65 | 01/15/34 | 45,000 | 47,023 | ||||||||||
| Berry Global, Inc. | 5.80 | 06/15/31 | 45,000 | 47,706 | ||||||||||
| Packaging Corp. of America | 5.20 | 08/15/35 | 25,000 | 25,438 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PACKAGING & CONTAINERS – 0.9% (Continued) | ||||||||||||||
| Smurfit Kappa Treasury ULC | 5.44 | 04/03/34 | $ | 55,000 | $ | 56,885 | ||||||||
| Smurfit Westrock Financing DAC | 5.42 | 01/15/35 | 50,000 | 51,553 | ||||||||||
| Sonoco Products Co. | 2.85 | 02/01/32 | 25,000 | 22,437 | ||||||||||
| Sonoco Products Co. | 5.00 | 09/01/34 | 45,000 | 44,427 | ||||||||||
| WRKCo, Inc. | 3.00 | 06/15/33 | 45,000 | 40,071 | ||||||||||
| WRKCo, Inc. | 4.20 | 06/01/32 | 25,000 | 24,297 | ||||||||||
| 473,615 | ||||||||||||||
| PHARMACEUTICALS – 2.2% | ||||||||||||||
| Becton Dickinson & Co. | 1.96 | 02/11/31 | 60,000 | 53,056 | ||||||||||
| Becton Dickinson & Co. | 4.30 | 08/22/32 | 25,000 | 24,593 | ||||||||||
| Becton Dickinson & Co. | 5.11 | 02/08/34 | 30,000 | 30,654 | ||||||||||
| Cardinal Health, Inc. | 5.35 | 11/15/34 | 60,000 | 61,816 | ||||||||||
| Cardinal Health, Inc. | 5.45 | 02/15/34 | 25,000 | 26,036 | ||||||||||
| Cencora, Inc. | 2.70 | 03/15/31 | 55,000 | 50,560 | ||||||||||
| Cencora, Inc. | 5.13 | 02/15/34 | 25,000 | 25,658 | ||||||||||
| Cencora, Inc. | 5.15 | 02/15/35 | 45,000 | 46,166 | ||||||||||
| CVS Health Corp. | 1.88 | 02/28/31 | 80,000 | 69,842 | ||||||||||
| CVS Health Corp. | 2.13 | 09/15/31 | 50,000 | 43,621 | ||||||||||
| CVS Health Corp. | 4.88 | 07/20/35 | 35,000 | 34,364 | ||||||||||
| CVS Health Corp. | 5.00 | 09/15/32 | 45,000 | 45,726 | ||||||||||
| CVS Health Corp. | 5.25 | 01/30/31 | 40,000 | 41,264 | ||||||||||
| CVS Health Corp. | 5.25 | 02/21/33 | 95,000 | 97,628 | ||||||||||
| CVS Health Corp. | 5.30 | 06/01/33 | 75,000 | 77,120 | ||||||||||
| CVS Health Corp. | 5.45 | 09/15/35 | 85,000 | 86,780 | ||||||||||
| CVS Health Corp. | 5.55 | 06/01/31 | 65,000 | 68,170 | ||||||||||
| CVS Health Corp. | 5.70 | 06/01/34 | 75,000 | 78,441 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.30 | 07/05/34 | 65,000 | 67,032 | ||||||||||
| Takeda US Financing, Inc. | 5.20 | 07/07/35 | 95,000 | 96,742 | ||||||||||
| Zoetis, Inc. | 5.00 | 08/17/35 | 55,000 | 55,580 | ||||||||||
| Zoetis, Inc. | 5.60 | 11/16/32 | 45,000 | 47,865 | ||||||||||
| 1,228,714 | ||||||||||||||
| PIPELINES – 7.5% | ||||||||||||||
| Boardwalk Pipelines LP | 3.40 | 02/15/31 | 35,000 | 32,798 | ||||||||||
| Boardwalk Pipelines LP | 3.60 | 09/01/32 | 25,000 | 23,126 | ||||||||||
| Boardwalk Pipelines LP | 5.63 | 08/01/34 | 35,000 | 36,315 | ||||||||||
| Cheniere Energy Partners LP | 3.25 | 01/31/32 | 65,000 | 59,450 | ||||||||||
| Cheniere Energy Partners LP | 4.00 | 03/01/31 | 90,000 | 86,901 | ||||||||||
| Cheniere Energy Partners LP(1) | 5.55 | 10/30/35 | 55,000 | 56,323 | ||||||||||
| Cheniere Energy Partners LP | 5.75 | 08/15/34 | 70,000 | 72,843 | ||||||||||
| Cheniere Energy Partners LP | 5.95 | 06/30/33 | 85,000 | 89,759 | ||||||||||
| Cheniere Energy, Inc. | 5.65 | 04/15/34 | 80,000 | 82,870 | ||||||||||
| Eastern Energy Gas Holdings LLC | 5.80 | 01/15/35 | 45,000 | 47,493 | ||||||||||
| Enbridge, Inc. | 2.50 | 08/01/33 | 60,000 | 51,174 | ||||||||||
| Enbridge, Inc. | 5.55 | 06/20/35 | 55,000 | 56,906 | ||||||||||
| Enbridge, Inc. | 5.63 | 04/05/34 | 70,000 | 73,071 | ||||||||||
| Enbridge, Inc. | 5.70 | 03/08/33 | 130,000 | 137,104 | ||||||||||
| Enbridge, Inc. | 6.20 | 11/15/30 | 40,000 | 43,134 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 7.5% (Continued) | ||||||||||||||
| Enbridge, Inc. | 7.20 | 06/27/54 | $ | 40,000 | $ | 42,838 | ||||||||
| Energy Transfer LP | 4.90 | 03/15/35 | 20,000 | 19,492 | ||||||||||
| Energy Transfer LP | 5.55 | 05/15/34 | 75,000 | 76,968 | ||||||||||
| Energy Transfer LP | 5.60 | 09/01/34 | 70,000 | 71,992 | ||||||||||
| Energy Transfer LP | 5.70 | 04/01/35 | 80,000 | 82,528 | ||||||||||
| Energy Transfer LP | 5.75 | 02/15/33 | 85,000 | 89,036 | ||||||||||
| Energy Transfer LP | 6.40 | 12/01/30 | 60,000 | 64,993 | ||||||||||
| Energy Transfer LP | 6.55 | 12/01/33 | 85,000 | 92,920 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.80 | 03/15/35 | 35,000 | 36,831 | ||||||||||
| Kinder Morgan Energy Partners LP | 7.30 | 08/15/33 | 35,000 | 40,172 | ||||||||||
| Kinder Morgan, Inc. | 2.00 | 02/15/31 | 45,000 | 39,941 | ||||||||||
| Kinder Morgan, Inc. | 4.80 | 02/01/33 | 40,000 | 40,029 | ||||||||||
| Kinder Morgan, Inc. | 5.20 | 06/01/33 | 85,000 | 87,076 | ||||||||||
| Kinder Morgan, Inc. | 5.30 | 12/01/34 | 40,000 | 40,830 | ||||||||||
| Kinder Morgan, Inc. | 5.40 | 02/01/34 | 55,000 | 56,660 | ||||||||||
| Kinder Morgan, Inc. | 5.85 | 06/01/35 | 45,000 | 47,472 | ||||||||||
| Kinder Morgan, Inc. | 7.75 | 01/15/32 | 50,000 | 57,888 | ||||||||||
| Kinder Morgan, Inc. | 7.80 | 08/01/31 | 35,000 | 40,581 | ||||||||||
| MPLX LP | 4.80 | 02/15/31 | 65,000 | 65,566 | ||||||||||
| MPLX LP | 4.95 | 09/01/32 | 65,000 | 65,205 | ||||||||||
| MPLX LP | 5.00 | 01/15/33 | 50,000 | 50,013 | ||||||||||
| MPLX LP | 5.00 | 03/01/33 | 65,000 | 65,121 | ||||||||||
| MPLX LP | 5.40 | 04/01/35 | 55,000 | 55,395 | ||||||||||
| MPLX LP | 5.40 | 09/15/35 | 85,000 | 85,452 | ||||||||||
| MPLX LP | 5.50 | 06/01/34 | 90,000 | 91,782 | ||||||||||
| ONEOK, Inc. | 4.75 | 10/15/31 | 75,000 | 74,999 | ||||||||||
| ONEOK, Inc. | 4.95 | 10/15/32 | 50,000 | 50,081 | ||||||||||
| ONEOK, Inc. | 5.05 | 11/01/34 | 100,000 | 98,610 | ||||||||||
| ONEOK, Inc. | 5.40 | 10/15/35 | 60,000 | 60,261 | ||||||||||
| ONEOK, Inc. | 5.65 | 09/01/34 | 25,000 | 25,747 | ||||||||||
| ONEOK, Inc. | 5.80 | 11/01/30 | 30,000 | 31,556 | ||||||||||
| ONEOK, Inc. | 6.05 | 09/01/33 | 80,000 | 84,832 | ||||||||||
| ONEOK, Inc. | 6.10 | 11/15/32 | 40,000 | 42,831 | ||||||||||
| ONEOK, Inc. | 6.35 | 01/15/31 | 25,000 | 26,761 | ||||||||||
| Plains All American Pipeline LP | 5.95 | 06/15/35 | 55,000 | 57,462 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.70 | 01/15/31 | 45,000 | 45,101 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 5.70 | 09/15/34 | 35,000 | 36,022 | ||||||||||
| South Bow USA Infrastructure Holdings LLC | 5.58 | 10/01/34 | 75,000 | 75,305 | ||||||||||
| Targa Resources Corp. | 4.20 | 02/01/33 | 45,000 | 42,870 | ||||||||||
| Targa Resources Corp. | 5.50 | 02/15/35 | 45,000 | 45,891 | ||||||||||
| Targa Resources Corp. | 5.55 | 08/15/35 | 65,000 | 66,477 | ||||||||||
| Targa Resources Corp. | 6.13 | 03/15/33 | 55,000 | 58,652 | ||||||||||
| Targa Resources Corp. | 6.50 | 03/30/34 | 60,000 | 65,544 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.00 | 01/15/32 | 60,000 | 56,931 | ||||||||||
| Targa Resources Partners LP/Targa Resources Partners Finance Corp. | 4.88 | 02/01/31 | 50,000 | 50,165 | ||||||||||
| TransCanada PipeLines Ltd. | 4.63 | 03/01/34 | 75,000 | 73,315 | ||||||||||
| Western Midstream Operating LP | 5.45 | 11/15/34 | 50,000 | 49,901 | ||||||||||
| Western Midstream Operating LP | 6.15 | 04/01/33 | 40,000 | 42,164 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 7.5% (Continued) | ||||||||||||||
| Williams Cos, Inc. | 2.60 | 03/15/31 | $ | 90,000 | $ | 81,730 | ||||||||
| Williams Cos, Inc. | 3.50 | 11/15/30 | 65,000 | 62,150 | ||||||||||
| Williams Cos, Inc. | 4.65 | 08/15/32 | 60,000 | 59,937 | ||||||||||
| Williams Cos, Inc. | 5.15 | 03/15/34 | 75,000 | 76,214 | ||||||||||
| Williams Cos, Inc. | 5.30 | 09/30/35 | 40,000 | 40,619 | ||||||||||
| Williams Cos, Inc. | 5.60 | 03/15/35 | 65,000 | 67,498 | ||||||||||
| Williams Cos, Inc. | 5.65 | 03/15/33 | 35,000 | 36,831 | ||||||||||
| 4,142,505 | ||||||||||||||
| REAL ESTATE – 0.2% | ||||||||||||||
| CBRE Services, Inc. | 2.50 | 04/01/31 | 35,000 | 31,708 | ||||||||||
| CBRE Services, Inc. | 5.50 | 06/15/35 | 20,000 | 20,651 | ||||||||||
| CBRE Services, Inc. | 5.95 | 08/15/34 | 60,000 | 64,191 | ||||||||||
| 116,550 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 6.0% | ||||||||||||||
| Alexandria Real Estate Equities, Inc. | 1.88 | 02/01/33 | 60,000 | 49,064 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 2.00 | 05/18/32 | 45,000 | 37,951 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 2.95 | 03/15/34 | 50,000 | 42,922 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 3.38 | 08/15/31 | 45,000 | 42,018 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.75 | 04/15/35 | 25,000 | 24,229 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.90 | 12/15/30 | 45,000 | 45,632 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.50 | 10/01/35 | 30,000 | 30,603 | ||||||||||
| American Assets Trust LP | 3.38 | 02/01/31 | 35,000 | 31,924 | ||||||||||
| American Assets Trust LP | 6.15 | 10/01/34 | 30,000 | 30,540 | ||||||||||
| American Homes 4 Rent LP | 3.63 | 04/15/32 | 30,000 | 28,200 | ||||||||||
| American Homes 4 Rent LP | 5.25 | 03/15/35 | 25,000 | 25,375 | ||||||||||
| American Homes 4 Rent LP | 5.50 | 02/01/34 | 40,000 | 41,346 | ||||||||||
| American Homes 4 Rent LP | 5.50 | 07/15/34 | 25,000 | 25,851 | ||||||||||
| American Tower Corp. | 2.30 | 09/15/31 | 40,000 | 35,447 | ||||||||||
| American Tower Corp. | 2.70 | 04/15/31 | 35,000 | 31,957 | ||||||||||
| American Tower Corp. | 4.05 | 03/15/32 | 35,000 | 33,958 | ||||||||||
| American Tower Corp. | 5.35 | 03/15/35 | 50,000 | 51,409 | ||||||||||
| American Tower Corp. | 5.40 | 01/31/35 | 40,000 | 41,240 | ||||||||||
| American Tower Corp. | 5.45 | 02/15/34 | 35,000 | 36,350 | ||||||||||
| American Tower Corp. | 5.55 | 07/15/33 | 50,000 | 52,358 | ||||||||||
| American Tower Corp. | 5.65 | 03/15/33 | 40,000 | 42,188 | ||||||||||
| American Tower Corp. | 5.90 | 11/15/33 | 40,000 | 42,822 | ||||||||||
| Americold Realty Operating Partnership LP | 5.41 | 09/12/34 | 35,000 | 34,447 | ||||||||||
| Boston Properties LP | 2.45 | 10/01/33 | 55,000 | 45,183 | ||||||||||
| Boston Properties LP | 2.55 | 04/01/32 | 45,000 | 38,980 | ||||||||||
| Boston Properties LP | 3.25 | 01/30/31 | 65,000 | 60,548 | ||||||||||
| Boston Properties LP | 5.75 | 01/15/35 | 50,000 | 51,177 | ||||||||||
| Boston Properties LP | 6.50 | 01/15/34 | 40,000 | 43,153 | ||||||||||
| Brixmor Operating Partnership LP | 2.50 | 08/16/31 | 30,000 | 26,747 | ||||||||||
| COPT Defense Properties LP | 2.75 | 04/15/31 | 30,000 | 27,257 | ||||||||||
| Cousins Properties LP | 5.88 | 10/01/34 | 35,000 | 36,542 | ||||||||||
| Crown Castle, Inc. | 2.10 | 04/01/31 | 60,000 | 52,688 | ||||||||||
| Crown Castle, Inc. | 2.25 | 01/15/31 | 65,000 | 57,933 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 6.0% (Continued) | ||||||||||||||
| Crown Castle, Inc. | 2.50 | 07/15/31 | $ | 45,000 | $ | 40,084 | ||||||||
| Crown Castle, Inc. | 5.10 | 05/01/33 | 45,000 | 45,622 | ||||||||||
| Crown Castle, Inc. | 5.20 | 09/01/34 | 45,000 | 45,572 | ||||||||||
| Crown Castle, Inc. | 5.80 | 03/01/34 | 35,000 | 36,895 | ||||||||||
| CubeSmart LP | 2.50 | 02/15/32 | 25,000 | 22,106 | ||||||||||
| DOC DR LLC | 2.63 | 11/01/31 | 25,000 | 22,301 | ||||||||||
| Equinix Europe 2 Financing Corp. LLC | 5.50 | 06/15/34 | 55,000 | 57,065 | ||||||||||
| Equinix, Inc. | 2.50 | 05/15/31 | 45,000 | 40,661 | ||||||||||
| Equinix, Inc. | 3.90 | 04/15/32 | 70,000 | 67,330 | ||||||||||
| Essex Portfolio LP | 2.65 | 03/15/32 | 35,000 | 31,300 | ||||||||||
| Essex Portfolio LP | 5.50 | 04/01/34 | 40,000 | 41,658 | ||||||||||
| Extra Space Storage LP | 2.35 | 03/15/32 | 40,000 | 34,815 | ||||||||||
| Extra Space Storage LP | 2.40 | 10/15/31 | 30,000 | 26,493 | ||||||||||
| Extra Space Storage LP | 4.95 | 01/15/33 | 45,000 | 45,336 | ||||||||||
| Extra Space Storage LP | 5.40 | 02/01/34 | 35,000 | 36,049 | ||||||||||
| Extra Space Storage LP | 5.40 | 06/15/35 | 30,000 | 30,719 | ||||||||||
| Extra Space Storage LP | 5.90 | 01/15/31 | 40,000 | 42,513 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 3.25 | 01/15/32 | 50,000 | 44,920 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 4.00 | 01/15/31 | 40,000 | 38,275 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.25 | 02/15/33 | 30,000 | 30,039 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.63 | 09/15/34 | 50,000 | 50,591 | ||||||||||
| Healthcare Realty Holdings LP | 2.00 | 03/15/31 | 45,000 | 39,239 | ||||||||||
| Healthpeak OP LLC | 2.88 | 01/15/31 | 30,000 | 27,667 | ||||||||||
| Healthpeak OP LLC | 4.75 | 01/15/33 | 35,000 | 34,829 | ||||||||||
| Healthpeak OP LLC | 5.25 | 12/15/32 | 45,000 | 46,290 | ||||||||||
| Healthpeak OP LLC | 5.38 | 02/15/35 | 35,000 | 35,823 | ||||||||||
| Host Hotels & Resorts LP | 5.50 | 04/15/35 | 45,000 | 45,475 | ||||||||||
| Host Hotels & Resorts LP | 5.70 | 06/15/32 | 30,000 | 31,052 | ||||||||||
| Host Hotels & Resorts LP | 5.70 | 07/01/34 | 25,000 | 25,665 | ||||||||||
| Invitation Homes Operating Partnership LP | 2.00 | 08/15/31 | 50,000 | 43,349 | ||||||||||
| Invitation Homes Operating Partnership LP | 4.15 | 04/15/32 | 30,000 | 29,037 | ||||||||||
| Invitation Homes Operating Partnership LP | 4.88 | 02/01/35 | 25,000 | 24,762 | ||||||||||
| Invitation Homes Operating Partnership LP | 4.95 | 01/15/33 | 40,000 | 40,205 | ||||||||||
| NNN REIT, Inc. | 4.60 | 02/15/31 | 35,000 | 35,179 | ||||||||||
| NNN REIT, Inc. | 5.50 | 06/15/34 | 25,000 | 25,931 | ||||||||||
| NNN REIT, Inc. | 5.60 | 10/15/33 | 25,000 | 26,168 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.25 | 04/15/33 | 40,000 | 35,310 | ||||||||||
| Omega Healthcare Investors, Inc. | 3.38 | 02/01/31 | 35,000 | 32,467 | ||||||||||
| Sabra Health Care LP | 3.20 | 12/01/31 | 40,000 | 36,292 | ||||||||||
| Sun Communities Operating LP | 2.70 | 07/15/31 | 40,000 | 36,299 | ||||||||||
| Sun Communities Operating LP | 4.20 | 04/15/32 | 30,000 | 29,252 | ||||||||||
| UDR, Inc. | 3.00 | 08/15/31 | 35,000 | 32,391 | ||||||||||
| Ventas Realty LP | 2.50 | 09/01/31 | 40,000 | 35,884 | ||||||||||
| Ventas Realty LP | 4.75 | 11/15/30 | 25,000 | 25,339 | ||||||||||
| Ventas Realty LP | 5.00 | 01/15/35 | 30,000 | 30,075 | ||||||||||
| Ventas Realty LP | 5.10 | 07/15/32 | 30,000 | 30,757 | ||||||||||
| Ventas Realty LP | 5.63 | 07/01/34 | 30,000 | 31,392 | ||||||||||
| VICI Properties LP | 5.13 | 11/15/31 | 40,000 | 40,532 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 6.0% (Continued) | ||||||||||||||
| VICI Properties LP | 5.13 | 05/15/32 | $ | 85,000 | $ | 85,712 | ||||||||
| VICI Properties LP | 5.63 | 04/01/35 | 55,000 | 56,092 | ||||||||||
| VICI Properties LP | 5.75 | 04/01/34 | 35,000 | 36,171 | ||||||||||
| Weyerhaeuser Co. | 7.38 | 03/15/32 | 35,000 | 40,006 | ||||||||||
| WP Carey, Inc. | 2.40 | 02/01/31 | 25,000 | 22,453 | ||||||||||
| 3,275,478 | ||||||||||||||
| RETAIL – 3.2% | ||||||||||||||
| AutoNation, Inc. | 3.85 | 03/01/32 | 35,000 | 32,696 | ||||||||||
| AutoNation, Inc. | 5.89 | 03/15/35 | 30,000 | 30,997 | ||||||||||
| AutoZone, Inc. | 1.65 | 01/15/31 | 30,000 | 26,118 | ||||||||||
| AutoZone, Inc. | 4.75 | 08/01/32 | 50,000 | 50,445 | ||||||||||
| AutoZone, Inc. | 4.75 | 02/01/33 | 25,000 | 25,045 | ||||||||||
| AutoZone, Inc. | 5.40 | 07/15/34 | 45,000 | 46,526 | ||||||||||
| AutoZone, Inc. | 6.55 | 11/01/33 | 25,000 | 27,920 | ||||||||||
| Darden Restaurants, Inc. | 6.30 | 10/10/33 | 25,000 | 27,115 | ||||||||||
| Dick’s Sporting Goods, Inc. | 3.15 | 01/15/32 | 40,000 | 36,743 | ||||||||||
| Dollar General Corp. | 5.00 | 11/01/32 | 45,000 | 45,422 | ||||||||||
| Dollar General Corp. | 5.45 | 07/05/33 | 60,000 | 62,045 | ||||||||||
| Dollar Tree, Inc. | 2.65 | 12/01/31 | 40,000 | 35,766 | ||||||||||
| Ferguson Enterprises, Inc. | 4.35 | 03/15/31 | 50,000 | 49,772 | ||||||||||
| Ferguson Enterprises, Inc. | 5.00 | 10/03/34 | 40,000 | 40,338 | ||||||||||
| Genuine Parts Co. | 1.88 | 11/01/30 | 40,000 | 35,044 | ||||||||||
| Genuine Parts Co. | 2.75 | 02/01/32 | 25,000 | 21,974 | ||||||||||
| Lowe’s Cos, Inc. | 2.63 | 04/01/31 | 85,000 | 77,712 | ||||||||||
| Lowe’s Cos, Inc. | 3.75 | 04/01/32 | 90,000 | 85,954 | ||||||||||
| Lowe’s Cos, Inc. | 4.25 | 03/15/31 | 60,000 | 59,593 | ||||||||||
| Lowe’s Cos, Inc. | 4.50 | 10/15/32 | 80,000 | 79,263 | ||||||||||
| Lowe’s Cos, Inc. | 4.85 | 10/15/35 | 60,000 | 59,318 | ||||||||||
| Lowe’s Cos, Inc. | 5.00 | 04/15/33 | 70,000 | 71,534 | ||||||||||
| Lowe’s Cos, Inc. | 5.15 | 07/01/33 | 50,000 | 51,518 | ||||||||||
| McDonald’s Corp. | 4.40 | 02/12/31 | 30,000 | 30,142 | ||||||||||
| McDonald’s Corp. | 4.60 | 09/09/32 | 50,000 | 50,750 | ||||||||||
| McDonald’s Corp. | 4.95 | 08/14/33 | 40,000 | 41,240 | ||||||||||
| McDonald’s Corp. | 4.95 | 03/03/35 | 50,000 | 50,714 | ||||||||||
| McDonald’s Corp. | 5.20 | 05/17/34 | 25,000 | 26,018 | ||||||||||
| O’Reilly Automotive, Inc. | 1.75 | 03/15/31 | 25,000 | 21,795 | ||||||||||
| O’Reilly Automotive, Inc. | 4.70 | 06/15/32 | 45,000 | 45,311 | ||||||||||
| O’Reilly Automotive, Inc. | 5.00 | 08/19/34 | 35,000 | 35,272 | ||||||||||
| Ross Stores, Inc. | 1.88 | 04/15/31 | 35,000 | 30,583 | ||||||||||
| Starbucks Corp. | 2.55 | 11/15/30 | 70,000 | 64,651 | ||||||||||
| Starbucks Corp. | 3.00 | 02/14/32 | 60,000 | 55,271 | ||||||||||
| Starbucks Corp. | 4.80 | 02/15/33 | 30,000 | 30,429 | ||||||||||
| Starbucks Corp. | 4.90 | 02/15/31 | 30,000 | 30,894 | ||||||||||
| Starbucks Corp. | 5.00 | 02/15/34 | 35,000 | 35,688 | ||||||||||
| Starbucks Corp. | 5.40 | 05/15/35 | 25,000 | 25,929 | ||||||||||
| Tractor Supply Co. | 1.75 | 11/01/30 | 45,000 | 39,686 | ||||||||||
| Tractor Supply Co. | 5.25 | 05/15/33 | 40,000 | 41,410 | ||||||||||
| 1,734,641 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 2.8% | ||||||||||||||
| Broadcom, Inc. | 2.45 | 02/15/31 | $ | 160,000 | $ | 146,039 | ||||||||
| Broadcom, Inc. | 2.60 | 02/15/33 | 105,000 | 92,607 | ||||||||||
| Broadcom, Inc. | 3.42 | 04/15/33 | 130,000 | 121,366 | ||||||||||
| Broadcom, Inc. | 3.47 | 04/15/34 | 185,000 | 169,482 | ||||||||||
| Intel Corp. | 2.00 | 08/12/31 | 75,000 | 65,627 | ||||||||||
| Intel Corp. | 4.00 | 12/15/32 | 40,000 | 38,184 | ||||||||||
| Intel Corp. | 4.15 | 08/05/32 | 75,000 | 72,483 | ||||||||||
| Intel Corp. | 5.00 | 02/21/31 | 20,000 | 20,493 | ||||||||||
| Intel Corp. | 5.15 | 02/21/34 | 55,000 | 55,818 | ||||||||||
| Intel Corp. | 5.20 | 02/10/33 | 135,000 | 137,808 | ||||||||||
| Marvell Technology, Inc. | 2.95 | 04/15/31 | 40,000 | 37,002 | ||||||||||
| Marvell Technology, Inc. | 5.45 | 07/15/35 | 35,000 | 35,911 | ||||||||||
| Marvell Technology, Inc. | 5.95 | 09/15/33 | 25,000 | 26,736 | ||||||||||
| Micron Technology, Inc. | 2.70 | 04/15/32 | 60,000 | 53,551 | ||||||||||
| Micron Technology, Inc. | 5.30 | 01/15/31 | 60,000 | 62,137 | ||||||||||
| Micron Technology, Inc. | 5.65 | 11/01/32 | 25,000 | 26,253 | ||||||||||
| Micron Technology, Inc. | 5.80 | 01/15/35 | 65,000 | 68,596 | ||||||||||
| Micron Technology, Inc. | 5.88 | 02/09/33 | 40,000 | 42,472 | ||||||||||
| Micron Technology, Inc. | 5.88 | 09/15/33 | 55,000 | 58,547 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 2.50 | 05/11/31 | 50,000 | 45,038 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 2.65 | 02/15/32 | 60,000 | 53,375 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 5.00 | 01/15/33 | 60,000 | 60,602 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 5.25 | 08/19/35 | 45,000 | 45,429 | ||||||||||
| Skyworks Solutions, Inc. | 3.00 | 06/01/31 | 25,000 | 22,646 | ||||||||||
| 1,558,202 | ||||||||||||||
| SHIPBUILDING – 0.0% | ||||||||||||||
| Huntington Ingalls Industries, Inc. | 5.75 | 01/15/35 | 25,000 | 26,381 | ||||||||||
| SOFTWARE – 5.0% | ||||||||||||||
| Atlassian Corp. | 5.50 | 05/15/34 | 25,000 | 25,724 | ||||||||||
| Autodesk, Inc. | 2.40 | 12/15/31 | 55,000 | 48,833 | ||||||||||
| Autodesk, Inc. | 5.30 | 06/15/35 | 30,000 | 30,822 | ||||||||||
| Broadridge Financial Solutions, Inc. | 2.60 | 05/01/31 | 60,000 | 54,365 | ||||||||||
| Concentrix Corp. | 6.85 | 08/02/33 | 25,000 | 25,462 | ||||||||||
| Electronic Arts, Inc. | 1.85 | 02/15/31 | 40,000 | 38,460 | ||||||||||
| Fidelity National Information Services, Inc. | 2.25 | 03/01/31 | 35,000 | 31,101 | ||||||||||
| Fidelity National Information Services, Inc. | 5.10 | 07/15/32 | 50,000 | 51,051 | ||||||||||
| Fiserv, Inc. | 4.55 | 02/15/31 | 55,000 | 54,613 | ||||||||||
| Fiserv, Inc. | 5.15 | 08/12/34 | 60,000 | 59,584 | ||||||||||
| Fiserv, Inc. | 5.25 | 08/11/35 | 55,000 | 54,857 | ||||||||||
| Fiserv, Inc. | 5.35 | 03/15/31 | 35,000 | 35,892 | ||||||||||
| Fiserv, Inc. | 5.45 | 03/15/34 | 40,000 | 40,612 | ||||||||||
| Fiserv, Inc. | 5.60 | 03/02/33 | 50,000 | 51,505 | ||||||||||
| Fiserv, Inc. | 5.63 | 08/21/33 | 75,000 | 77,346 | ||||||||||
| MSCI, Inc. | 5.25 | 09/01/35 | 70,000 | 70,261 | ||||||||||
| Oracle Corp. | 2.88 | 03/25/31 | 185,000 | 168,664 | ||||||||||
| Oracle Corp. | 3.90 | 05/15/35 | 75,000 | 67,129 | ||||||||||
| Oracle Corp. | 4.30 | 07/08/34 | 105,000 | 98,669 | ||||||||||
| Oracle Corp. | 4.70 | 09/27/34 | 110,000 | 105,693 | ||||||||||
The accompanying notes are an integral part of these financial statements.
150
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SOFTWARE – 5.0% (Continued) | ||||||||||||||
| Oracle Corp. | 4.80 | 09/26/32 | $ | 170,000 | $ | 168,285 | ||||||||
| Oracle Corp. | 4.90 | 02/06/33 | 85,000 | 84,447 | ||||||||||
| Oracle Corp. | 5.20 | 09/26/35 | 230,000 | 226,458 | ||||||||||
| Oracle Corp. | 5.25 | 02/03/32 | 70,000 | 71,296 | ||||||||||
| Oracle Corp. | 5.50 | 08/03/35 | 95,000 | 96,057 | ||||||||||
| Oracle Corp. | 6.25 | 11/09/32 | 130,000 | 139,359 | ||||||||||
| Paychex, Inc. | 5.35 | 04/15/32 | 85,000 | 88,195 | ||||||||||
| Paychex, Inc. | 5.60 | 04/15/35 | 70,000 | 73,192 | ||||||||||
| Roper Technologies, Inc. | 1.75 | 02/15/31 | 65,000 | 56,753 | ||||||||||
| Roper Technologies, Inc. | 4.75 | 02/15/32 | 30,000 | 30,275 | ||||||||||
| Roper Technologies, Inc. | 4.90 | 10/15/34 | 50,000 | 49,929 | ||||||||||
| Roper Technologies, Inc. | 5.10 | 09/15/35 | 60,000 | 60,428 | ||||||||||
| Synopsys, Inc. | 5.00 | 04/01/32 | 80,000 | 81,772 | ||||||||||
| Synopsys, Inc. | 5.15 | 04/01/35 | 145,000 | 147,360 | ||||||||||
| Take-Two Interactive Software, Inc. | 4.00 | 04/14/32 | 30,000 | 28,935 | ||||||||||
| VMware LLC | 2.20 | 08/15/31 | 90,000 | 79,613 | ||||||||||
| Workday, Inc. | 3.80 | 04/01/32 | 80,000 | 76,516 | ||||||||||
| 2,749,513 | ||||||||||||||
| TELECOMMUNICATIONS – 7.6% | ||||||||||||||
| AT&T, Inc. | 2.25 | 02/01/32 | 150,000 | 131,260 | ||||||||||
| AT&T, Inc. | 2.55 | 12/01/33 | 215,000 | 182,677 | ||||||||||
| AT&T, Inc. | 2.75 | 06/01/31 | 180,000 | 165,117 | ||||||||||
| AT&T, Inc. | 4.50 | 05/15/35 | 140,000 | 134,833 | ||||||||||
| AT&T, Inc. | 4.55 | 11/01/32 | 55,000 | 54,619 | ||||||||||
| AT&T, Inc. | 5.38 | 08/15/35 | 70,000 | 71,778 | ||||||||||
| AT&T, Inc. | 5.40 | 02/15/34 | 165,000 | 170,835 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.10 | 05/11/33 | 55,000 | 55,897 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.20 | 02/15/34 | 40,000 | 40,423 | ||||||||||
| British Telecommunications PLC | 9.63 | 12/15/30 | 150,000 | 183,628 | ||||||||||
| Deutsche Telekom International Finance BV | 9.25 | 06/01/32 | 25,000 | 31,353 | ||||||||||
| Motorola Solutions, Inc. | 2.30 | 11/15/30 | 60,000 | 54,276 | ||||||||||
| Motorola Solutions, Inc. | 2.75 | 05/24/31 | 50,000 | 45,769 | ||||||||||
| Motorola Solutions, Inc. | 5.20 | 08/15/32 | 35,000 | 36,067 | ||||||||||
| Motorola Solutions, Inc. | 5.40 | 04/15/34 | 45,000 | 46,586 | ||||||||||
| Motorola Solutions, Inc. | 5.55 | 08/15/35 | 50,000 | 52,022 | ||||||||||
| Motorola Solutions, Inc. | 5.60 | 06/01/32 | 35,000 | 36,852 | ||||||||||
| Orange SA | 9.00 | 03/01/31 | 150,000 | 181,597 | ||||||||||
| Rogers Communications, Inc. | 3.80 | 03/15/32 | 120,000 | 113,181 | ||||||||||
| Rogers Communications, Inc. | 5.30 | 02/15/34 | 65,000 | 65,824 | ||||||||||
| Sprint Capital Corp. | 8.75 | 03/15/32 | 120,000 | 146,050 | ||||||||||
| TELUS Corp. | 3.40 | 05/13/32 | 50,000 | 46,024 | ||||||||||
| T-Mobile USA, Inc. | 2.25 | 11/15/31 | 60,000 | 52,845 | ||||||||||
| T-Mobile USA, Inc. | 2.55 | 02/15/31 | 145,000 | 131,887 | ||||||||||
| T-Mobile USA, Inc. | 2.70 | 03/15/32 | 60,000 | 53,693 | ||||||||||
| T-Mobile USA, Inc. | 2.88 | 02/15/31 | 55,000 | 50,828 | ||||||||||
| T-Mobile USA, Inc. | 3.50 | 04/15/31 | 145,000 | 137,957 | ||||||||||
| T-Mobile USA, Inc. | 4.63 | 01/15/33 | 40,000 | 39,792 | ||||||||||
| T-Mobile USA, Inc. | 4.70 | 01/15/35 | 50,000 | 49,125 | ||||||||||
The accompanying notes are an integral part of these financial statements.
151
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 7.6% (Continued) | ||||||||||||||
| T-Mobile USA, Inc. | 5.05 | 07/15/33 | $ | 145,000 | $ | 147,860 | ||||||||
| T-Mobile USA, Inc. | 5.13 | 05/15/32 | 70,000 | 72,013 | ||||||||||
| T-Mobile USA, Inc. | 5.15 | 04/15/34 | 80,000 | 81,726 | ||||||||||
| T-Mobile USA, Inc. | 5.20 | 01/15/33 | 75,000 | 77,250 | ||||||||||
| T-Mobile USA, Inc. | 5.30 | 05/15/35 | 55,000 | 56,285 | ||||||||||
| T-Mobile USA, Inc. | 5.75 | 01/15/34 | 60,000 | 63,472 | ||||||||||
| Verizon Communications, Inc. | 1.75 | 01/20/31 | 140,000 | 122,443 | ||||||||||
| Verizon Communications, Inc. | 2.36 | 03/15/32 | 265,000 | 232,190 | ||||||||||
| Verizon Communications, Inc. | 2.55 | 03/21/31 | 215,000 | 195,301 | ||||||||||
| Verizon Communications, Inc. | 4.40 | 11/01/34 | 110,000 | 105,868 | ||||||||||
| Verizon Communications, Inc. | 4.50 | 08/10/33 | 130,000 | 127,910 | ||||||||||
| Verizon Communications, Inc. | 4.78 | 02/15/35 | 120,000 | 117,767 | ||||||||||
| Verizon Communications, Inc. | 5.05 | 05/09/33 | 60,000 | 61,318 | ||||||||||
| Verizon Communications, Inc. | 5.25 | 04/02/35 | 130,000 | 131,536 | ||||||||||
| Verizon Communications, Inc. | 7.75 | 12/01/30 | 25,000 | 28,725 | ||||||||||
| 4,184,459 | ||||||||||||||
| TOYS/GAMES/HOBBIES – 0.1% | ||||||||||||||
| Hasbro, Inc. | 6.05 | 05/14/34 | 30,000 | 31,598 | ||||||||||
| TRANSPORTATION – 0.5% | ||||||||||||||
| Canadian Pacific Railway Co. | 2.45 | 12/02/31 | 90,000 | 80,253 | ||||||||||
| Canadian Pacific Railway Co. | 5.20 | 03/30/35 | 30,000 | 30,954 | ||||||||||
| FedEx Corp. | 2.40 | 05/15/31 | 35,000 | 31,384 | ||||||||||
| Norfolk Southern Corp. | 2.30 | 05/15/31 | 25,000 | 22,630 | ||||||||||
| Norfolk Southern Corp. | 3.00 | 03/15/32 | 40,000 | 36,865 | ||||||||||
| Norfolk Southern Corp. | 4.45 | 03/01/33 | 25,000 | 24,932 | ||||||||||
| Ryder System, Inc. | 6.60 | 12/01/33 | 35,000 | 38,946 | ||||||||||
| 265,964 | ||||||||||||||
| TRUCKING & LEASING – 0.1% | ||||||||||||||
| GATX Corp. | 5.50 | 06/15/35 | 30,000 | 30,850 | ||||||||||
| GATX Corp. | 6.05 | 03/15/34 | 35,000 | 37,449 | ||||||||||
| 68,299 | ||||||||||||||
| WATER – 0.4% | ||||||||||||||
| American Water Capital Corp. | 2.30 | 06/01/31 | 30,000 | 27,021 | ||||||||||
| American Water Capital Corp. | 4.45 | 06/01/32 | 40,000 | 39,980 | ||||||||||
| American Water Capital Corp. | 5.15 | 03/01/34 | 30,000 | 30,960 | ||||||||||
| American Water Capital Corp. | 5.25 | 03/01/35 | 55,000 | 56,678 | ||||||||||
| Essential Utilities, Inc. | 5.25 | 08/15/35 | 35,000 | 35,504 | ||||||||||
| Essential Utilities, Inc. | 5.38 | 01/15/34 | 30,000 | 30,880 | ||||||||||
| 221,023 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $52,790,627) | 54,017,333 | |||||||||||||
The accompanying notes are an integral part of these financial statements.
152
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | $ | 168,448 | $ | 168,448 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $168,448) | 168,448 | |||||||||||||
| TOTAL INVESTMENTS – 98.8% (Cost - $52,959,075) | $ | 54,185,781 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.2% | 683,094 | |||||||||||||
| NET ASSETS – 100.0% | $ | 54,868,875 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $333,267 and represents 0.6% 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.
153
BONDBLOXX ETF TRUST
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 98.2% | ||||||||||||||
| ADVERTISING – 0.1% | ||||||||||||||
| Interpublic Group of Cos, Inc. | 3.38 | 03/01/41 | $ | 5,000 | $ | 3,794 | ||||||||
| AEROSPACE/DEFENSE – 5.0% | ||||||||||||||
| Boeing Co. | 3.75 | 02/01/50 | 10,000 | 7,435 | ||||||||||
| Boeing Co. | 3.90 | 05/01/49 | 5,000 | 3,792 | ||||||||||
| Boeing Co. | 3.95 | 08/01/59 | 10,000 | 7,218 | ||||||||||
| Boeing Co. | 5.71 | 05/01/40 | 15,000 | 15,308 | ||||||||||
| Boeing Co. | 5.81 | 05/01/50 | 30,000 | 29,863 | ||||||||||
| Boeing Co. | 5.93 | 05/01/60 | 15,000 | 14,928 | ||||||||||
| Boeing Co. | 6.86 | 05/01/54 | 10,000 | 11,404 | ||||||||||
| Boeing Co. | 6.88 | 03/15/39 | 5,000 | 5,698 | ||||||||||
| Boeing Co. | 7.01 | 05/01/64 | 10,000 | 11,436 | ||||||||||
| Embraer Netherlands Finance BV | 5.40 | 01/09/38 | 5,000 | 5,001 | ||||||||||
| Howmet Aerospace, Inc. | 5.95 | 02/01/37 | 5,000 | 5,438 | ||||||||||
| L3Harris Technologies, Inc. | 5.05 | 04/27/45 | 5,000 | 4,822 | ||||||||||
| L3Harris Technologies, Inc. | 5.50 | 08/15/54 | 5,000 | 4,993 | ||||||||||
| Northrop Grumman Corp. | 3.85 | 04/15/45 | 5,000 | 4,085 | ||||||||||
| Northrop Grumman Corp. | 4.03 | 10/15/47 | 10,000 | 8,195 | ||||||||||
| Northrop Grumman Corp. | 4.75 | 06/01/43 | 5,000 | 4,648 | ||||||||||
| Northrop Grumman Corp. | 4.95 | 03/15/53 | 5,000 | 4,612 | ||||||||||
| Northrop Grumman Corp. | 5.20 | 06/01/54 | 10,000 | 9,561 | ||||||||||
| Northrop Grumman Corp. | 5.25 | 05/01/50 | 5,000 | 4,840 | ||||||||||
| RTX Corp. | 2.82 | 09/01/51 | 10,000 | 6,422 | ||||||||||
| RTX Corp. | 3.03 | 03/15/52 | 5,000 | 3,319 | ||||||||||
| RTX Corp. | 3.13 | 07/01/50 | 5,000 | 3,433 | ||||||||||
| RTX Corp. | 3.75 | 11/01/46 | 5,000 | 3,951 | ||||||||||
| RTX Corp. | 4.05 | 05/04/47 | 5,000 | 4,108 | ||||||||||
| RTX Corp. | 4.15 | 05/15/45 | 5,000 | 4,250 | ||||||||||
| RTX Corp. | 4.35 | 04/15/47 | 5,000 | 4,301 | ||||||||||
| RTX Corp. | 4.45 | 11/16/38 | 5,000 | 4,730 | ||||||||||
| RTX Corp. | 4.50 | 06/01/42 | 15,000 | 13,640 | ||||||||||
| RTX Corp. | 4.63 | 11/16/48 | 5,000 | 4,442 | ||||||||||
| RTX Corp. | 4.88 | 10/15/40 | 5,000 | 4,853 | ||||||||||
| RTX Corp. | 5.38 | 02/27/53 | 10,000 | 9,822 | ||||||||||
| RTX Corp. | 5.70 | 04/15/40 | 5,000 | 5,284 | ||||||||||
| RTX Corp. | 6.13 | 07/15/38 | 5,000 | 5,516 | ||||||||||
| RTX Corp. | 6.40 | 03/15/54 | 5,000 | 5,623 | ||||||||||
| 246,971 | ||||||||||||||
| AGRICULTURE – 2.6% | ||||||||||||||
| Altria Group, Inc. | 3.40 | 02/04/41 | 5,000 | 3,865 | ||||||||||
| Altria Group, Inc. | 3.70 | 02/04/51 | 10,000 | 7,183 | ||||||||||
| Altria Group, Inc. | 3.88 | 09/16/46 | 5,000 | 3,808 | ||||||||||
| Altria Group, Inc. | 4.00 | 02/04/61 | 10,000 | 7,305 | ||||||||||
| Altria Group, Inc. | 4.25 | 08/09/42 | 5,000 | 4,187 | ||||||||||
| Altria Group, Inc. | 4.50 | 05/02/43 | 5,000 | 4,282 | ||||||||||
| Altria Group, Inc. | 5.38 | 01/31/44 | 15,000 | 14,617 | ||||||||||
| Altria Group, Inc. | 5.80 | 02/14/39 | 10,000 | 10,305 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| AGRICULTURE – 2.6% (Continued) | ||||||||||||||
| Altria Group, Inc. | 5.95 | 02/14/49 | $ | 10,000 | $ | 10,158 | ||||||||
| BAT Capital Corp. | 4.39 | 08/15/37 | 15,000 | 13,756 | ||||||||||
| BAT Capital Corp. | 4.54 | 08/15/47 | 10,000 | 8,384 | ||||||||||
| BAT Capital Corp. | 4.76 | 09/06/49 | 5,000 | 4,266 | ||||||||||
| BAT Capital Corp. | 5.28 | 04/02/50 | 5,000 | 4,571 | ||||||||||
| BAT Capital Corp. | 7.08 | 08/02/43 | 5,000 | 5,635 | ||||||||||
| BAT Capital Corp. | 7.08 | 08/02/53 | 5,000 | 5,725 | ||||||||||
| Reynolds American, Inc. | 5.85 | 08/15/45 | 15,000 | 14,839 | ||||||||||
| Reynolds American, Inc. | 6.15 | 09/15/43 | 5,000 | 5,142 | ||||||||||
| 128,028 | ||||||||||||||
| AIRLINES – 0.1% | ||||||||||||||
| Southwest Airlines Co. | 5.25 | 11/15/35 | 5,000 | 4,909 | ||||||||||
| AUTO MANUFACTURERS – 1.1% | ||||||||||||||
| Ford Motor Co. | 4.75 | 01/15/43 | 10,000 | 8,066 | ||||||||||
| Ford Motor Co. | 5.29 | 12/08/46 | 10,000 | 8,479 | ||||||||||
| General Motors Co. | 5.15 | 04/01/38 | 5,000 | 4,835 | ||||||||||
| General Motors Co. | 5.20 | 04/01/45 | 10,000 | 9,087 | ||||||||||
| General Motors Co. | 5.40 | 04/01/48 | 5,000 | 4,605 | ||||||||||
| General Motors Co. | 6.25 | 10/02/43 | 5,000 | 5,127 | ||||||||||
| General Motors Co. | 6.60 | 04/01/36 | 10,000 | 10,901 | ||||||||||
| General Motors Co. | 6.75 | 04/01/46 | 5,000 | 5,408 | ||||||||||
| 56,508 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.4% | ||||||||||||||
| Aptiv Swiss Holdings Ltd. | 3.10 | 12/01/51 | 10,000 | 6,526 | ||||||||||
| Aptiv Swiss Holdings Ltd. | 4.15 | 05/01/52 | 5,000 | 3,871 | ||||||||||
| BorgWarner, Inc. | 4.38 | 03/15/45 | 5,000 | 4,284 | ||||||||||
| Lear Corp. | 5.25 | 05/15/49 | 5,000 | 4,546 | ||||||||||
| 19,227 | ||||||||||||||
| BANKS – 4.2% | ||||||||||||||
| Barclays PLC | 3.33 | 11/24/42 | 10,000 | 7,804 | ||||||||||
| Barclays PLC | 3.81 | 03/10/42 | 5,000 | 4,035 | ||||||||||
| Barclays PLC | 4.95 | 01/10/47 | 10,000 | 9,260 | ||||||||||
| Barclays PLC | 5.25 | 08/17/45 | 5,000 | 4,852 | ||||||||||
| Barclays PLC | 5.86 | 08/11/46 | 5,000 | 5,183 | ||||||||||
| Barclays PLC | 6.04 | 03/12/55 | 5,000 | 5,313 | ||||||||||
| Citigroup, Inc. | 4.75 | 05/18/46 | 15,000 | 13,377 | ||||||||||
| Citigroup, Inc. | 6.13 | 08/25/36 | 5,000 | 5,321 | ||||||||||
| Citigroup, Inc. | 6.68 | 09/13/43 | 5,000 | 5,660 | ||||||||||
| Cooperatieve Rabobank UA | 5.25 | 08/04/45 | 10,000 | 9,618 | ||||||||||
| Cooperatieve Rabobank UA | 5.75 | 12/01/43 | 5,000 | 5,138 | ||||||||||
| Fifth Third Bancorp | 8.25 | 03/01/38 | 5,000 | 6,163 | ||||||||||
| Goldman Sachs Group, Inc. | 5.15 | 05/22/45 | 15,000 | 14,232 | ||||||||||
| Goldman Sachs Group, Inc. | 6.75 | 10/01/37 | 30,000 | 33,637 | ||||||||||
| HSBC Holdings PLC | 5.25 | 03/14/44 | 10,000 | 9,825 | ||||||||||
| HSBC Holdings PLC | 6.50 | 05/02/36 | 5,000 | 5,524 | ||||||||||
| HSBC Holdings PLC | 6.50 | 05/02/36 | 5,000 | 5,406 | ||||||||||
| HSBC Holdings PLC | 6.50 | 09/15/37 | 5,000 | 5,472 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BANKS – 4.2% (Continued) | ||||||||||||||
| HSBC Holdings PLC | 6.50 | 09/15/37 | $ | 5,000 | $ | 5,399 | ||||||||
| HSBC Holdings PLC | 6.80 | 06/01/38 | 10,000 | 11,332 | ||||||||||
| Lloyds Banking Group PLC | 3.37 | 12/14/46 | 15,000 | 11,193 | ||||||||||
| Lloyds Banking Group PLC | 4.34 | 01/09/48 | 5,000 | 4,119 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 2.93 | 09/17/41 | 5,000 | 3,731 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 5.80 | 07/08/46 | 5,000 | 5,158 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 5.84 | 07/09/44 | 5,000 | 5,262 | ||||||||||
| Sumitomo Mitsui Financial Group, Inc. | 6.18 | 07/13/43 | 5,000 | 5,512 | ||||||||||
| 207,526 | ||||||||||||||
| BEVERAGES – 0.9% | ||||||||||||||
| Constellation Brands, Inc. | 4.10 | 02/15/48 | 5,000 | 3,989 | ||||||||||
| Constellation Brands, Inc. | 5.25 | 11/15/48 | 5,000 | 4,680 | ||||||||||
| Fomento Economico Mexicano SAB de CV | 3.50 | 01/16/50 | 10,000 | 7,399 | ||||||||||
| Keurig Dr Pepper, Inc. | 3.80 | 05/01/50 | 6,000 | 4,435 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.50 | 11/15/45 | 5,000 | 4,213 | ||||||||||
| Keurig Dr Pepper, Inc. | 4.50 | 04/15/52 | 5,000 | 4,086 | ||||||||||
| Molson Coors Beverage Co. | 4.20 | 07/15/46 | 5,000 | 4,093 | ||||||||||
| Molson Coors Beverage Co. | 5.00 | 05/01/42 | 10,000 | 9,309 | ||||||||||
| 42,204 | ||||||||||||||
| BIOTECHNOLOGY – 3.3% | ||||||||||||||
| Amgen, Inc. | 2.77 | 09/01/53 | 5,000 | 3,038 | ||||||||||
| Amgen, Inc. | 3.00 | 01/15/52 | 10,000 | 6,651 | ||||||||||
| Amgen, Inc. | 3.15 | 02/21/40 | 5,000 | 3,950 | ||||||||||
| Amgen, Inc. | 3.38 | 02/21/50 | 15,000 | 10,898 | ||||||||||
| Amgen, Inc. | 4.20 | 02/22/52 | 5,000 | 4,031 | ||||||||||
| Amgen, Inc. | 4.40 | 05/01/45 | 10,000 | 8,675 | ||||||||||
| Amgen, Inc. | 4.40 | 02/22/62 | 10,000 | 8,009 | ||||||||||
| Amgen, Inc. | 4.56 | 06/15/48 | 5,000 | 4,336 | ||||||||||
| Amgen, Inc. | 4.66 | 06/15/51 | 15,000 | 13,117 | ||||||||||
| Amgen, Inc. | 4.88 | 03/01/53 | 5,000 | 4,486 | ||||||||||
| Amgen, Inc. | 4.95 | 10/01/41 | 5,000 | 4,744 | ||||||||||
| Amgen, Inc. | 5.15 | 11/15/41 | 5,000 | 4,878 | ||||||||||
| Amgen, Inc. | 5.60 | 03/02/43 | 15,000 | 15,225 | ||||||||||
| Amgen, Inc. | 5.65 | 03/02/53 | 20,000 | 19,973 | ||||||||||
| Amgen, Inc. | 5.75 | 03/02/63 | 15,000 | 15,001 | ||||||||||
| Biogen, Inc. | 3.15 | 05/01/50 | 10,000 | 6,583 | ||||||||||
| Biogen, Inc. | 3.25 | 02/15/51 | 5,000 | 3,327 | ||||||||||
| Biogen, Inc. | 5.20 | 09/15/45 | 10,000 | 9,281 | ||||||||||
| Regeneron Pharmaceuticals, Inc. | 2.80 | 09/15/50 | 5,000 | 3,145 | ||||||||||
| Royalty Pharma PLC | 3.30 | 09/02/40 | 5,000 | 3,873 | ||||||||||
| Royalty Pharma PLC | 3.35 | 09/02/51 | 5,000 | 3,395 | ||||||||||
| Royalty Pharma PLC | 3.55 | 09/02/50 | 5,000 | 3,531 | ||||||||||
| Royalty Pharma PLC | 5.90 | 09/02/54 | 5,000 | 5,005 | ||||||||||
| 165,152 | ||||||||||||||
| BUILDING MATERIALS – 1.3% | ||||||||||||||
| Carrier Global Corp. | 3.38 | 04/05/40 | 5,000 | 4,072 | ||||||||||
| Carrier Global Corp. | 3.58 | 04/05/50 | 13,000 | 9,825 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| BUILDING MATERIALS – 1.3% (Continued) | ||||||||||||||
| Carrier Global Corp. | 6.20 | 03/15/54 | $ | 3,000 | $ | 3,309 | ||||||||
| CRH America Finance, Inc. | 5.00 | 02/09/36 | 5,000 | 5,037 | ||||||||||
| CRH America Finance, Inc. | 5.88 | 01/09/55 | 5,000 | 5,245 | ||||||||||
| Johnson Controls International PLC | 4.50 | 02/15/47 | 5,000 | 4,360 | ||||||||||
| Martin Marietta Materials, Inc. | 4.25 | 12/15/47 | 5,000 | 4,225 | ||||||||||
| Martin Marietta Materials, Inc. | 5.50 | 12/01/54 | 5,000 | 4,999 | ||||||||||
| Owens Corning | 4.30 | 07/15/47 | 5,000 | 4,162 | ||||||||||
| Owens Corning | 5.95 | 06/15/54 | 5,000 | 5,129 | ||||||||||
| Trane Technologies Holdco, Inc. | 5.75 | 06/15/43 | 5,000 | 5,264 | ||||||||||
| Vulcan Materials Co. | 4.50 | 06/15/47 | 5,000 | 4,384 | ||||||||||
| Vulcan Materials Co. | 5.70 | 12/01/54 | 5,000 | 5,121 | ||||||||||
| 65,132 | ||||||||||||||
| CHEMICALS – 2.9% | ||||||||||||||
| CF Industries, Inc. | 4.95 | 06/01/43 | 5,000 | 4,594 | ||||||||||
| CF Industries, Inc. | 5.38 | 03/15/44 | 5,000 | 4,820 | ||||||||||
| Dow Chemical Co. | 3.60 | 11/15/50 | 10,000 | 6,760 | ||||||||||
| Dow Chemical Co. | 4.38 | 11/15/42 | 5,000 | 4,054 | ||||||||||
| Dow Chemical Co. | 5.25 | 11/15/41 | 5,000 | 4,598 | ||||||||||
| Dow Chemical Co. | 5.60 | 02/15/54 | 5,000 | 4,506 | ||||||||||
| Dow Chemical Co. | 5.95 | 03/15/55 | 5,000 | 4,742 | ||||||||||
| Dow Chemical Co. | 6.90 | 05/15/53 | 5,000 | 5,312 | ||||||||||
| Dow Chemical Co. | 9.40 | 05/15/39 | 5,000 | 6,502 | ||||||||||
| DuPont de Nemours, Inc. | 5.32 | 11/15/38 | 5,000 | 5,226 | ||||||||||
| DuPont de Nemours, Inc. | 5.42 | 11/15/48 | 10,000 | 10,075 | ||||||||||
| Eastman Chemical Co. | 4.65 | 10/15/44 | 5,000 | 4,293 | ||||||||||
| Eastman Chemical Co. | 4.80 | 09/01/42 | 5,000 | 4,439 | ||||||||||
| FMC Corp. | 4.50 | 10/01/49 | 5,000 | 3,576 | ||||||||||
| International Flavors & Fragrances, Inc. | 5.00 | 09/26/48 | 4,000 | 3,567 | ||||||||||
| LYB International Finance BV | 4.88 | 03/15/44 | 5,000 | 4,260 | ||||||||||
| LYB International Finance III LLC | 3.63 | 04/01/51 | 5,000 | 3,327 | ||||||||||
| LYB International Finance III LLC | 3.80 | 10/01/60 | 5,000 | 3,213 | ||||||||||
| LYB International Finance III LLC | 4.20 | 10/15/49 | 10,000 | 7,375 | ||||||||||
| LYB International Finance III LLC | 4.20 | 05/01/50 | 10,000 | 7,398 | ||||||||||
| LyondellBasell Industries NV | 4.63 | 02/26/55 | 5,000 | 3,902 | ||||||||||
| Mosaic Co. | 5.63 | 11/15/43 | 5,000 | 4,914 | ||||||||||
| Nutrien Ltd. | 5.00 | 04/01/49 | 5,000 | 4,601 | ||||||||||
| Nutrien Ltd. | 5.80 | 03/27/53 | 5,000 | 5,108 | ||||||||||
| Sherwin-Williams Co. | 3.80 | 08/15/49 | 5,000 | 3,843 | ||||||||||
| Sherwin-Williams Co. | 4.50 | 06/01/47 | 10,000 | 8,703 | ||||||||||
| Westlake Corp. | 4.38 | 11/15/47 | 10,000 | 7,967 | ||||||||||
| 141,675 | ||||||||||||||
| COMMERCIAL SERVICES – 0.5% | ||||||||||||||
| Global Payments, Inc. | 4.15 | 08/15/49 | 5,000 | 3,775 | ||||||||||
| Global Payments, Inc. | 5.95 | 08/15/52 | 5,000 | 4,850 | ||||||||||
| Moody’s Corp. | 2.75 | 08/19/41 | 5,000 | 3,634 | ||||||||||
| Moody’s Corp. | 5.25 | 07/15/44 | 5,000 | 4,886 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMMERCIAL SERVICES – 0.5% (Continued) | ||||||||||||||
| Quanta Services, Inc. | 3.05 | 10/01/41 | $ | 5,000 | $ | 3,751 | ||||||||
| Verisk Analytics, Inc. | 5.13 | 02/15/36 | 5,000 | 5,033 | ||||||||||
| 25,929 | ||||||||||||||
| COMPUTERS – 1.0% | ||||||||||||||
| Dell International LLC/EMC Corp. | 3.38 | 12/15/41 | 10,000 | 7,708 | ||||||||||
| Dell International LLC/EMC Corp. | 5.10 | 02/15/36 | 5,000 | 4,950 | ||||||||||
| Dell International LLC/EMC Corp. | 8.10 | 07/15/36 | 5,000 | 6,086 | ||||||||||
| Dell International LLC/EMC Corp. | 8.35 | 07/15/46 | 5,000 | 6,478 | ||||||||||
| Hewlett Packard Enterprise Co. | 5.60 | 10/15/54 | 10,000 | 9,438 | ||||||||||
| Hewlett Packard Enterprise Co. | 6.35 | 10/15/45 | 5,000 | 5,214 | ||||||||||
| HP, Inc. | 6.00 | 09/15/41 | 5,000 | 5,128 | ||||||||||
| Kyndryl Holdings, Inc. | 4.10 | 10/15/41 | 5,000 | 4,027 | ||||||||||
| 49,029 | ||||||||||||||
| COSMETICS/PERSONAL CARE – 0.1% | ||||||||||||||
| Haleon US Capital LLC | 4.00 | 03/24/52 | 5,000 | 4,029 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.5% | ||||||||||||||
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 3.85 | 10/29/41 | 10,000 | 8,267 | ||||||||||
| Ares Management Corp. | 5.60 | 10/11/54 | 5,000 | 4,779 | ||||||||||
| Nasdaq, Inc. | 2.50 | 12/21/40 | 5,000 | 3,576 | ||||||||||
| Nasdaq, Inc. | 5.95 | 08/15/53 | 5,000 | 5,262 | ||||||||||
| Nasdaq, Inc. | 6.10 | 06/28/63 | 5,000 | 5,307 | ||||||||||
| 27,191 | ||||||||||||||
| ELECTRIC – 5.7% | ||||||||||||||
| AEP Texas, Inc. | 5.25 | 05/15/52 | 5,000 | 4,661 | ||||||||||
| AEP Texas, Inc. | 5.85 | 10/15/55 | 5,000 | 5,008 | ||||||||||
| American Electric Power Co., Inc. | 6.05 | 03/15/56 | 5,000 | 5,069 | ||||||||||
| Appalachian Power Co. | 3.70 | 05/01/50 | 5,000 | 3,696 | ||||||||||
| Arizona Public Service Co. | 3.35 | 05/15/50 | 5,000 | 3,531 | ||||||||||
| Arizona Public Service Co. | 4.35 | 11/15/45 | 5,000 | 4,269 | ||||||||||
| Constellation Energy Generation LLC | 5.60 | 06/15/42 | 5,000 | 5,067 | ||||||||||
| Constellation Energy Generation LLC | 6.25 | 10/01/39 | 10,000 | 10,938 | ||||||||||
| Constellation Energy Generation LLC | 6.50 | 10/01/53 | 5,000 | 5,536 | ||||||||||
| Dominion Energy, Inc. | 4.85 | 08/15/52 | 5,000 | 4,410 | ||||||||||
| Dominion Energy, Inc. | 6.20 | 02/15/56 | 5,000 | 5,060 | ||||||||||
| Duke Energy Carolinas LLC | 6.10 | 06/01/37 | 5,000 | 5,430 | ||||||||||
| Duke Energy Corp. | 3.30 | 06/15/41 | 5,000 | 3,882 | ||||||||||
| Duke Energy Corp. | 3.75 | 09/01/46 | 10,000 | 7,724 | ||||||||||
| Duke Energy Corp. | 4.80 | 12/15/45 | 5,000 | 4,503 | ||||||||||
| Duke Energy Corp. | 5.00 | 08/15/52 | 10,000 | 9,051 | ||||||||||
| Duke Energy Corp. | 5.70 | 09/15/55 | 5,000 | 4,992 | ||||||||||
| Duke Energy Corp. | 5.80 | 06/15/54 | 5,000 | 5,069 | ||||||||||
| Duke Energy Corp. | 6.10 | 09/15/53 | 5,000 | 5,274 | ||||||||||
| Emera US Finance LP | 4.75 | 06/15/46 | 5,000 | 4,348 | ||||||||||
| Entergy Corp. | 3.75 | 06/15/50 | 5,000 | 3,698 | ||||||||||
| Eversource Energy | 3.45 | 01/15/50 | 5,000 | 3,633 | ||||||||||
| Exelon Corp. | 4.10 | 03/15/52 | 5,000 | 3,938 | ||||||||||
| Exelon Corp. | 4.70 | 04/15/50 | 5,000 | 4,355 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ELECTRIC – 5.7% (Continued) | ||||||||||||||
| Exelon Corp. | 5.10 | 06/15/45 | $ | 5,000 | $ | 4,700 | ||||||||
| Exelon Corp. | 5.60 | 03/15/53 | 5,000 | 4,933 | ||||||||||
| Exelon Corp. | 5.88 | 03/15/55 | 5,000 | 5,126 | ||||||||||
| FirstEnergy Corp. | 3.40 | 03/01/50 | 5,000 | 3,502 | ||||||||||
| FirstEnergy Corp. | 4.85 | 07/15/47 | 5,000 | 4,460 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.25 | 02/28/53 | 5,000 | 4,757 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.55 | 03/15/54 | 5,000 | 4,928 | ||||||||||
| NextEra Energy Capital Holdings, Inc. | 5.90 | 03/15/55 | 5,000 | 5,173 | ||||||||||
| Oglethorpe Power Corp. | 4.50 | 04/01/47 | 5,000 | 4,269 | ||||||||||
| Pacific Gas & Electric Co. | 3.30 | 08/01/40 | 5,000 | 3,802 | ||||||||||
| Pacific Gas & Electric Co. | 3.50 | 08/01/50 | 10,000 | 6,858 | ||||||||||
| Pacific Gas & Electric Co. | 3.95 | 12/01/47 | 5,000 | 3,771 | ||||||||||
| Pacific Gas & Electric Co. | 4.00 | 12/01/46 | 5,000 | 3,787 | ||||||||||
| Pacific Gas & Electric Co. | 4.30 | 03/15/45 | 5,000 | 4,031 | ||||||||||
| Pacific Gas & Electric Co. | 4.50 | 07/01/40 | 10,000 | 8,702 | ||||||||||
| Pacific Gas & Electric Co. | 4.75 | 02/15/44 | 5,000 | 4,275 | ||||||||||
| Pacific Gas & Electric Co. | 4.95 | 07/01/50 | 15,000 | 12,919 | ||||||||||
| Pacific Gas & Electric Co. | 5.90 | 10/01/54 | 5,000 | 4,869 | ||||||||||
| Pacific Gas & Electric Co. | 6.15 | 03/01/55 | 5,000 | 5,036 | ||||||||||
| Pacific Gas & Electric Co. | 6.70 | 04/01/53 | 5,000 | 5,371 | ||||||||||
| Pacific Gas & Electric Co. | 6.75 | 01/15/53 | 10,000 | 10,804 | ||||||||||
| Public Service Co. of Oklahoma | 5.45 | 01/15/36 | 5,000 | 5,129 | ||||||||||
| Sempra | 3.80 | 02/01/38 | 5,000 | 4,298 | ||||||||||
| Sempra | 4.00 | 02/01/48 | 5,000 | 3,878 | ||||||||||
| Sempra | 6.00 | 10/15/39 | 5,000 | 5,233 | ||||||||||
| Southern Co. | 4.25 | 07/01/36 | 5,000 | 4,684 | ||||||||||
| Southern Co. | 4.40 | 07/01/46 | 10,000 | 8,587 | ||||||||||
| Southern Power Co. | 5.15 | 09/15/41 | 5,000 | 4,852 | ||||||||||
| Southwestern Electric Power Co. | 3.25 | 11/01/51 | 5,000 | 3,371 | ||||||||||
| Xcel Energy, Inc. | 3.50 | 12/01/49 | 5,000 | 3,621 | ||||||||||
| 282,868 | ||||||||||||||
| ELECTRONICS – 0.1% | ||||||||||||||
| Fortive Corp. | 4.30 | 06/15/46 | 5,000 | 4,213 | ||||||||||
| FOOD – 3.9% | ||||||||||||||
| Campbell’s Co. | 4.80 | 03/15/48 | 5,000 | 4,443 | ||||||||||
| Conagra Brands, Inc. | 5.30 | 11/01/38 | 5,000 | 4,801 | ||||||||||
| Conagra Brands, Inc. | 5.40 | 11/01/48 | 5,000 | 4,572 | ||||||||||
| General Mills, Inc. | 3.00 | 02/01/51 | 5,000 | 3,292 | ||||||||||
| J M Smucker Co. | 4.38 | 03/15/45 | 5,000 | 4,222 | ||||||||||
| J M Smucker Co. | 6.50 | 11/15/53 | 10,000 | 11,093 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 4.38 | 02/02/52 | 5,000 | 3,935 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 6.50 | 12/01/52 | 10,000 | 10,392 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Food Co./JBS Lux Co. Sarl | 7.25 | 11/15/53 | 5,000 | 5,659 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Foods Group Holdings, Inc./JBS USA Food Co.(1) | 5.50 | 01/15/36 | 5,000 | 5,069 | ||||||||||
| JBS USA Holding Lux Sarl/JBS USA Foods Group Holdings, Inc./JBS USA Food Co.(1) | 6.25 | 03/01/56 | 5,000 | 5,035 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| FOOD – 3.9% (Continued) | ||||||||||||||
| JBS USA Holding Lux Sarl/JBS USA Foods Group Holdings, Inc./JBS USA Food Co.(1) | 6.38 | 04/15/66 | $ | 5,000 | $ | 5,079 | ||||||||
| JBS USA LUX Sarl/JBS USA Food Co./JBS USA Foods Group(1) | 6.38 | 02/25/55 | 5,000 | 5,167 | ||||||||||
| Kellanova | 4.50 | 04/01/46 | 5,000 | 4,426 | ||||||||||
| Kraft Heinz Foods Co. | 4.38 | 06/01/46 | 15,000 | 12,536 | ||||||||||
| Kraft Heinz Foods Co. | 4.88 | 10/01/49 | 5,000 | 4,388 | ||||||||||
| Kraft Heinz Foods Co. | 5.00 | 06/04/42 | 5,000 | 4,619 | ||||||||||
| Kraft Heinz Foods Co. | 5.20 | 07/15/45 | 10,000 | 9,281 | ||||||||||
| Kraft Heinz Foods Co. | 5.50 | 06/01/50 | 5,000 | 4,752 | ||||||||||
| Kraft Heinz Foods Co. | 6.50 | 02/09/40 | 5,000 | 5,428 | ||||||||||
| Kraft Heinz Foods Co. | 6.88 | 01/26/39 | 5,000 | 5,578 | ||||||||||
| Kroger Co. | 3.88 | 10/15/46 | 5,000 | 3,932 | ||||||||||
| Kroger Co. | 3.95 | 01/15/50 | 5,000 | 3,900 | ||||||||||
| Kroger Co. | 4.45 | 02/01/47 | 5,000 | 4,287 | ||||||||||
| Kroger Co. | 4.65 | 01/15/48 | 5,000 | 4,369 | ||||||||||
| Kroger Co. | 5.40 | 01/15/49 | 5,000 | 4,877 | ||||||||||
| Kroger Co. | 5.50 | 09/15/54 | 10,000 | 9,730 | ||||||||||
| Kroger Co. | 5.65 | 09/15/64 | 5,000 | 4,895 | ||||||||||
| Mondelez International, Inc. | 2.63 | 09/04/50 | 5,000 | 3,038 | ||||||||||
| Sysco Corp. | 4.45 | 03/15/48 | 5,000 | 4,281 | ||||||||||
| Sysco Corp. | 4.50 | 04/01/46 | 5,000 | 4,335 | ||||||||||
| Sysco Corp. | 4.85 | 10/01/45 | 5,000 | 4,574 | ||||||||||
| Sysco Corp. | 6.60 | 04/01/50 | 5,000 | 5,546 | ||||||||||
| Tyson Foods, Inc. | 4.55 | 06/02/47 | 5,000 | 4,306 | ||||||||||
| Tyson Foods, Inc. | 5.10 | 09/28/48 | 10,000 | 9,244 | ||||||||||
| 195,081 | ||||||||||||||
| FOREST PRODUCTS & PAPER – 0.4% | ||||||||||||||
| International Paper Co. | 4.35 | 08/15/48 | 5,000 | 4,120 | ||||||||||
| International Paper Co. | 4.40 | 08/15/47 | 5,000 | 4,184 | ||||||||||
| International Paper Co. | 4.80 | 06/15/44 | 5,000 | 4,490 | ||||||||||
| Suzano Netherlands BV | 5.50 | 01/15/36 | 5,000 | 4,983 | ||||||||||
| 17,777 | ||||||||||||||
| GAS – 0.6% | ||||||||||||||
| NiSource, Inc. | 3.95 | 03/30/48 | 5,000 | 4,001 | ||||||||||
| NiSource, Inc. | 4.38 | 05/15/47 | 10,000 | 8,477 | ||||||||||
| NiSource, Inc. | 5.25 | 02/15/43 | 5,000 | 4,876 | ||||||||||
| NiSource, Inc. | 5.85 | 04/01/55 | 5,000 | 5,105 | ||||||||||
| Southern Co. Gas Capital Corp. | 3.95 | 10/01/46 | 5,000 | 4,017 | ||||||||||
| Southern Co. Gas Capital Corp. | 5.88 | 03/15/41 | 5,000 | 5,240 | ||||||||||
| 31,716 | ||||||||||||||
| HAND/MACHINE TOOLS – 0.1% | ||||||||||||||
| Stanley Black & Decker, Inc. | 4.85 | 11/15/48 | 5,000 | 4,384 | ||||||||||
| HEALTHCARE-PRODUCTS – 0.7% | ||||||||||||||
| Baxter International, Inc. | 3.13 | 12/01/51 | 5,000 | 3,235 | ||||||||||
| GE HealthCare Technologies, Inc. | 6.38 | 11/22/52 | 5,000 | 5,502 | ||||||||||
| Koninklijke Philips NV | 5.00 | 03/15/42 | 5,000 | 4,732 | ||||||||||
| Koninklijke Philips NV | 6.88 | 03/11/38 | 5,000 | 5,656 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HEALTHCARE-PRODUCTS – 0.7% (Continued) | ||||||||||||||
| Solventum Corp. | 5.90 | 04/30/54 | $ | 5,000 | $ | 5,095 | ||||||||
| STERIS Irish FinCo UnLtd. Co. | 3.75 | 03/15/51 | 5,000 | 3,705 | ||||||||||
| Stryker Corp. | 2.90 | 06/15/50 | 5,000 | 3,367 | ||||||||||
| Stryker Corp. | 4.63 | 03/15/46 | 5,000 | 4,549 | ||||||||||
| 35,841 | ||||||||||||||
| HEALTHCARE-SERVICES – 5.1% | ||||||||||||||
| Aetna, Inc. | 6.63 | 06/15/36 | 5,000 | 5,484 | ||||||||||
| Aetna, Inc. | 6.75 | 12/15/37 | 5,000 | 5,544 | ||||||||||
| Cigna Group | 3.20 | 03/15/40 | 5,000 | 3,914 | ||||||||||
| Cigna Group | 3.40 | 03/15/50 | 10,000 | 7,016 | ||||||||||
| Cigna Group | 3.40 | 03/15/51 | 10,000 | 6,988 | ||||||||||
| Cigna Group | 3.88 | 10/15/47 | 5,000 | 3,888 | ||||||||||
| Cigna Group | 4.80 | 08/15/38 | 15,000 | 14,299 | ||||||||||
| Cigna Group | 4.80 | 07/15/46 | 5,000 | 4,485 | ||||||||||
| Cigna Group | 4.90 | 12/15/48 | 15,000 | 13,457 | ||||||||||
| Cigna Group | 5.25 | 01/15/36 | 5,000 | 5,081 | ||||||||||
| Cigna Group | 5.60 | 02/15/54 | 5,000 | 4,921 | ||||||||||
| Cigna Group | 6.00 | 01/15/56 | 5,000 | 5,175 | ||||||||||
| Elevance Health, Inc. | 3.13 | 05/15/50 | 5,000 | 3,339 | ||||||||||
| Elevance Health, Inc. | 3.60 | 03/15/51 | 10,000 | 7,220 | ||||||||||
| Elevance Health, Inc. | 4.38 | 12/01/47 | 5,000 | 4,189 | ||||||||||
| Elevance Health, Inc. | 4.63 | 05/15/42 | 5,000 | 4,543 | ||||||||||
| Elevance Health, Inc. | 4.65 | 01/15/43 | 10,000 | 9,028 | ||||||||||
| Elevance Health, Inc. | 4.65 | 08/15/44 | 5,000 | 4,461 | ||||||||||
| Elevance Health, Inc. | 5.10 | 01/15/44 | 5,000 | 4,748 | ||||||||||
| Elevance Health, Inc. | 5.13 | 02/15/53 | 10,000 | 9,163 | ||||||||||
| Elevance Health, Inc. | 5.65 | 06/15/54 | 10,000 | 9,860 | ||||||||||
| Elevance Health, Inc. | 5.70 | 02/15/55 | 5,000 | 4,942 | ||||||||||
| Elevance Health, Inc. | 5.85 | 11/01/64 | 5,000 | 4,988 | ||||||||||
| Elevance Health, Inc. | 6.10 | 10/15/52 | 5,000 | 5,231 | ||||||||||
| HCA, Inc. | 3.50 | 07/15/51 | 5,000 | 3,465 | ||||||||||
| HCA, Inc. | 4.63 | 03/15/52 | 10,000 | 8,308 | ||||||||||
| HCA, Inc. | 5.13 | 06/15/39 | 5,000 | 4,864 | ||||||||||
| HCA, Inc. | 5.25 | 06/15/49 | 15,000 | 13,764 | ||||||||||
| HCA, Inc. | 5.50 | 06/15/47 | 10,000 | 9,623 | ||||||||||
| HCA, Inc. | 5.70 | 11/15/55 | 5,000 | 4,919 | ||||||||||
| HCA, Inc. | 5.90 | 06/01/53 | 5,000 | 4,980 | ||||||||||
| HCA, Inc. | 5.95 | 09/15/54 | 5,000 | 5,022 | ||||||||||
| HCA, Inc. | 6.00 | 04/01/54 | 5,000 | 5,050 | ||||||||||
| HCA, Inc. | 6.10 | 04/01/64 | 5,000 | 5,062 | ||||||||||
| HCA, Inc. | 6.20 | 03/01/55 | 10,000 | 10,388 | ||||||||||
| Humana, Inc. | 3.95 | 08/15/49 | 5,000 | 3,743 | ||||||||||
| Humana, Inc. | 5.50 | 03/15/53 | 5,000 | 4,641 | ||||||||||
| Humana, Inc. | 5.75 | 04/15/54 | 5,000 | 4,793 | ||||||||||
| Humana, Inc. | 6.00 | 05/01/55 | 5,000 | 4,979 | ||||||||||
| Laboratory Corp. of America Holdings | 4.70 | 02/01/45 | 5,000 | 4,524 | ||||||||||
| 250,089 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Sekisui House US, Inc. | 6.00 | 01/15/43 | $ | 5,000 | $ | 4,713 | ||||||||
| HOME FURNISHINGS – 0.1% | ||||||||||||||
| Leggett & Platt, Inc. | 3.50 | 11/15/51 | 5,000 | 3,289 | ||||||||||
| HOUSEHOLD PRODUCTS/WARES – 0.1% | ||||||||||||||
| Church & Dwight Co., Inc. | 5.00 | 06/15/52 | 5,000 | 4,655 | ||||||||||
| INSURANCE – 3.5% | ||||||||||||||
| Allstate Corp. | 4.20 | 12/15/46 | 5,000 | 4,209 | ||||||||||
| Allstate Corp. | 6.50 | 05/15/57 | 5,000 | 5,276 | ||||||||||
| American Financial Group, Inc./OH | 4.50 | 06/15/47 | 5,000 | 4,246 | ||||||||||
| American International Group, Inc. | 4.38 | 06/30/50 | 5,000 | 4,229 | ||||||||||
| American International Group, Inc. | 4.75 | 04/01/48 | 10,000 | 9,003 | ||||||||||
| Aon Corp./Aon Global Holdings PLC | 3.90 | 02/28/52 | 10,000 | 7,616 | ||||||||||
| Aon Global Ltd. | 4.60 | 06/14/44 | 5,000 | 4,434 | ||||||||||
| Aon North America, Inc. | 5.75 | 03/01/54 | 10,000 | 10,105 | ||||||||||
| Arthur J Gallagher & Co. | 3.50 | 05/20/51 | 5,000 | 3,563 | ||||||||||
| Arthur J Gallagher & Co. | 5.55 | 02/15/55 | 10,000 | 9,760 | ||||||||||
| Arthur J Gallagher & Co. | 5.75 | 03/02/53 | 5,000 | 4,997 | ||||||||||
| Arthur J Gallagher & Co. | 5.75 | 07/15/54 | 5,000 | 5,009 | ||||||||||
| Athene Holding Ltd. | 3.95 | 05/25/51 | 5,000 | 3,606 | ||||||||||
| Athene Holding Ltd. | 6.25 | 04/01/54 | 5,000 | 4,982 | ||||||||||
| Athene Holding Ltd. | 6.63 | 05/19/55 | 5,000 | 5,239 | ||||||||||
| Brighthouse Financial, Inc. | 4.70 | 06/22/47 | 5,000 | 3,924 | ||||||||||
| Brown & Brown, Inc. | 4.95 | 03/17/52 | 5,000 | 4,423 | ||||||||||
| Brown & Brown, Inc. | 6.25 | 06/23/55 | 5,000 | 5,264 | ||||||||||
| Corebridge Financial, Inc. | 4.40 | 04/05/52 | 10,000 | 8,286 | ||||||||||
| Equitable Holdings, Inc. | 5.00 | 04/20/48 | 10,000 | 9,209 | ||||||||||
| Everest Reinsurance Holdings, Inc. | 3.13 | 10/15/52 | 5,000 | 3,220 | ||||||||||
| Everest Reinsurance Holdings, Inc. | 3.50 | 10/15/50 | 5,000 | 3,541 | ||||||||||
| Fairfax Financial Holdings Ltd. | 6.10 | 03/15/55 | 5,000 | 5,155 | ||||||||||
| Fairfax Financial Holdings Ltd. | 6.35 | 03/22/54 | 5,000 | 5,304 | ||||||||||
| Markel Group, Inc. | 3.45 | 05/07/52 | 5,000 | 3,471 | ||||||||||
| Markel Group, Inc. | 5.00 | 05/20/49 | 5,000 | 4,510 | ||||||||||
| Markel Group, Inc. | 6.00 | 05/16/54 | 5,000 | 5,150 | ||||||||||
| MetLife, Inc. | 6.40 | 12/15/36 | 5,000 | 5,281 | ||||||||||
| MetLife, Inc. | 10.75 | 08/01/39 | 5,000 | 6,701 | ||||||||||
| Old Republic International Corp. | 3.85 | 06/11/51 | 5,000 | 3,684 | ||||||||||
| Unum Group | 4.13 | 06/15/51 | 5,000 | 3,836 | ||||||||||
| Willis North America, Inc. | 5.90 | 03/05/54 | 5,000 | 5,077 | ||||||||||
| 172,310 | ||||||||||||||
| INTERNET – 0.4% | ||||||||||||||
| AppLovin Corp. | 5.95 | 12/01/54 | 5,000 | 5,014 | ||||||||||
| eBay, Inc. | 3.65 | 05/10/51 | 5,000 | 3,767 | ||||||||||
| eBay, Inc. | 4.00 | 07/15/42 | 5,000 | 4,173 | ||||||||||
| Uber Technologies, Inc. | 5.35 | 09/15/54 | 5,000 | 4,838 | ||||||||||
| 17,792 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| IRON/STEEL – 0.5% | ||||||||||||||
| ArcelorMittal SA | 6.35 | 06/17/54 | $ | 5,000 | $ | 5,256 | ||||||||
| Vale Overseas Ltd. | 6.40 | 06/28/54 | 10,000 | 10,432 | ||||||||||
| Vale Overseas Ltd. | 6.88 | 11/21/36 | 5,000 | 5,684 | ||||||||||
| Vale Overseas Ltd. | 6.88 | 11/10/39 | 5,000 | 5,694 | ||||||||||
| 27,066 | ||||||||||||||
| LEISURE TIME – 0.2% | ||||||||||||||
| Royal Caribbean Cruises Ltd. | 5.38 | 01/15/36 | 10,000 | 10,069 | ||||||||||
| LODGING – 0.2% | ||||||||||||||
| Marriott International, Inc./MD | 5.50 | 04/15/37 | 10,000 | 10,271 | ||||||||||
| MACHINERY-DIVERSIFIED – 0.1% | ||||||||||||||
| Otis Worldwide Corp. | 3.11 | 02/15/40 | 5,000 | 3,918 | ||||||||||
| MEDIA – 4.7% | ||||||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.50 | 06/01/41 | 5,000 | 3,605 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.50 | 03/01/42 | 5,000 | 3,552 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.70 | 04/01/51 | 10,000 | 6,516 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.85 | 04/01/61 | 10,000 | 6,138 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.90 | 06/01/52 | 10,000 | 6,574 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 3.95 | 06/30/62 | 10,000 | 6,194 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.40 | 12/01/61 | 10,000 | 6,785 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 4.80 | 03/01/50 | 15,000 | 11,676 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.13 | 07/01/49 | 10,000 | 8,142 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.25 | 04/01/53 | 10,000 | 8,150 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.38 | 04/01/38 | 5,000 | 4,636 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.38 | 05/01/47 | 10,000 | 8,490 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.50 | 04/01/63 | 5,000 | 4,070 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 5.75 | 04/01/48 | 10,000 | 8,862 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.48 | 10/23/45 | 15,000 | 14,499 | ||||||||||
| Charter Communications Operating LLC/Charter Communications Operating Capital | 6.70 | 12/01/55 | 5,000 | 4,937 | ||||||||||
| Fox Corp. | 5.48 | 01/25/39 | 5,000 | 5,034 | ||||||||||
| Fox Corp. | 5.58 | 01/25/49 | 10,000 | 9,719 | ||||||||||
| Grupo Televisa SAB | 5.25 | 05/24/49 | 5,000 | 3,500 | ||||||||||
| Grupo Televisa SAB | 6.13 | 01/31/46 | 5,000 | 4,016 | ||||||||||
| Grupo Televisa SAB | 6.63 | 01/15/40 | 5,000 | 4,601 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MEDIA – 4.7% (Continued) | ||||||||||||||
| Paramount Global | 4.38 | 03/15/43 | $ | 5,000 | $ | 3,790 | ||||||||
| Paramount Global | 4.60 | 01/15/45 | 5,000 | 3,825 | ||||||||||
| Paramount Global | 4.85 | 07/01/42 | 5,000 | 4,028 | ||||||||||
| Paramount Global | 4.90 | 08/15/44 | 5,000 | 3,964 | ||||||||||
| Paramount Global | 4.95 | 05/19/50 | 5,000 | 3,910 | ||||||||||
| Paramount Global | 5.85 | 09/01/43 | 5,000 | 4,499 | ||||||||||
| Paramount Global | 6.88 | 04/30/36 | 5,000 | 5,259 | ||||||||||
| Time Warner Cable LLC | 4.50 | 09/15/42 | 10,000 | 7,932 | ||||||||||
| Time Warner Cable LLC | 5.50 | 09/01/41 | 10,000 | 9,019 | ||||||||||
| Time Warner Cable LLC | 5.88 | 11/15/40 | 10,000 | 9,305 | ||||||||||
| Time Warner Cable LLC | 6.55 | 05/01/37 | 15,000 | 15,377 | ||||||||||
| Time Warner Cable LLC | 6.75 | 06/15/39 | 15,000 | 15,418 | ||||||||||
| Time Warner Cable LLC | 7.30 | 07/01/38 | 5,000 | 5,428 | ||||||||||
| 231,450 | ||||||||||||||
| MINING – 0.8% | ||||||||||||||
| Barrick North America Finance LLC | 5.70 | 05/30/41 | 5,000 | 5,153 | ||||||||||
| Barrick North America Finance LLC | 5.75 | 05/01/43 | 5,000 | 5,182 | ||||||||||
| Freeport-McMoRan, Inc. | 5.45 | 03/15/43 | 10,000 | 9,719 | ||||||||||
| Southern Copper Corp. | 5.25 | 11/08/42 | 5,000 | 4,855 | ||||||||||
| Southern Copper Corp. | 5.88 | 04/23/45 | 10,000 | 10,464 | ||||||||||
| Southern Copper Corp. | 6.75 | 04/16/40 | 5,000 | 5,712 | ||||||||||
| 41,085 | ||||||||||||||
| OIL & GAS – 3.5% | ||||||||||||||
| Canadian Natural Resources Ltd. | 4.95 | 06/01/47 | 5,000 | 4,449 | ||||||||||
| Canadian Natural Resources Ltd. | 6.25 | 03/15/38 | 5,000 | 5,327 | ||||||||||
| Cenovus Energy, Inc. | 3.75 | 02/15/52 | 5,000 | 3,557 | ||||||||||
| Cenovus Energy, Inc. | 6.75 | 11/15/39 | 5,000 | 5,524 | ||||||||||
| Continental Resources, Inc. | 4.90 | 06/01/44 | 5,000 | 4,051 | ||||||||||
| Coterra Energy, Inc. | 5.90 | 02/15/55 | 5,000 | 4,810 | ||||||||||
| Devon Energy Corp. | 4.75 | 05/15/42 | 5,000 | 4,340 | ||||||||||
| Devon Energy Corp. | 5.00 | 06/15/45 | 5,000 | 4,328 | ||||||||||
| Devon Energy Corp. | 5.60 | 07/15/41 | 5,000 | 4,820 | ||||||||||
| Devon Energy Corp. | 5.75 | 09/15/54 | 5,000 | 4,604 | ||||||||||
| Diamondback Energy, Inc. | 4.25 | 03/15/52 | 5,000 | 3,959 | ||||||||||
| Diamondback Energy, Inc. | 4.40 | 03/24/51 | 5,000 | 4,070 | ||||||||||
| Diamondback Energy, Inc. | 5.75 | 04/18/54 | 5,000 | 4,816 | ||||||||||
| Diamondback Energy, Inc. | 5.90 | 04/18/64 | 5,000 | 4,800 | ||||||||||
| Diamondback Energy, Inc. | 6.25 | 03/15/53 | 5,000 | 5,124 | ||||||||||
| Marathon Petroleum Corp. | 4.75 | 09/15/44 | 5,000 | 4,349 | ||||||||||
| Marathon Petroleum Corp. | 6.50 | 03/01/41 | 5,000 | 5,377 | ||||||||||
| Occidental Petroleum Corp. | 6.05 | 10/01/54 | 5,000 | 4,885 | ||||||||||
| Occidental Petroleum Corp. | 6.45 | 09/15/36 | 10,000 | 10,622 | ||||||||||
| Occidental Petroleum Corp. | 6.60 | 03/15/46 | 10,000 | 10,427 | ||||||||||
| Phillips 66 Co. | 3.30 | 03/15/52 | 5,000 | 3,330 | ||||||||||
| Phillips 66 Co. | 4.88 | 11/15/44 | 5,000 | 4,460 | ||||||||||
| Phillips 66 Co. | 4.90 | 10/01/46 | 5,000 | 4,418 | ||||||||||
| Phillips 66 Co. | 5.50 | 03/15/55 | 5,000 | 4,697 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 3.5% (Continued) | ||||||||||||||
| Phillips 66 Co. | 5.65 | 06/15/54 | $ | 5,000 | $ | 4,793 | ||||||||
| Phillips 66 Co. | 5.88 | 05/01/42 | 5,000 | 5,097 | ||||||||||
| Phillips 66 Co. | 6.20 | 03/15/56 | 5,000 | 5,058 | ||||||||||
| Suncor Energy, Inc. | 3.75 | 03/04/51 | 5,000 | 3,614 | ||||||||||
| Suncor Energy, Inc. | 4.00 | 11/15/47 | 5,000 | 3,838 | ||||||||||
| Suncor Energy, Inc. | 6.80 | 05/15/38 | 3,000 | 3,321 | ||||||||||
| Suncor Energy, Inc. | 6.85 | 06/01/39 | 5,000 | 5,574 | ||||||||||
| Valero Energy Corp. | 3.65 | 12/01/51 | 5,000 | 3,517 | ||||||||||
| Valero Energy Corp. | 4.00 | 06/01/52 | 5,000 | 3,723 | ||||||||||
| Valero Energy Corp. | 4.90 | 03/15/45 | 5,000 | 4,505 | ||||||||||
| Valero Energy Corp. | 6.63 | 06/15/37 | 5,000 | 5,540 | ||||||||||
| Woodside Finance Ltd. | 5.70 | 09/12/54 | 5,000 | 4,815 | ||||||||||
| 174,539 | ||||||||||||||
| OIL & GAS SERVICES – 0.7% | ||||||||||||||
| Halliburton Co. | 4.50 | 11/15/41 | 5,000 | 4,421 | ||||||||||
| Halliburton Co. | 4.85 | 11/15/35 | 5,000 | 4,946 | ||||||||||
| Halliburton Co. | 5.00 | 11/15/45 | 10,000 | 9,120 | ||||||||||
| Halliburton Co. | 7.45 | 09/15/39 | 10,000 | 11,977 | ||||||||||
| NOV, Inc. | 3.95 | 12/01/42 | 5,000 | 3,954 | ||||||||||
| 34,418 | ||||||||||||||
| PACKAGING & CONTAINERS – 0.2% | ||||||||||||||
| Packaging Corp. of America | 3.05 | 10/01/51 | 5,000 | 3,298 | ||||||||||
| Smurfit Kappa Treasury ULC | 5.78 | 04/03/54 | 5,000 | 5,089 | ||||||||||
| 8,387 | ||||||||||||||
| PHARMACEUTICALS – 4.5% | ||||||||||||||
| Becton Dickinson & Co. | 4.67 | 06/06/47 | 10,000 | 8,869 | ||||||||||
| Becton Dickinson & Co. | 4.69 | 12/15/44 | 10,000 | 8,968 | ||||||||||
| Cardinal Health, Inc. | 5.75 | 11/15/54 | 5,000 | 5,081 | ||||||||||
| Cencora, Inc. | 4.30 | 12/15/47 | 5,000 | 4,189 | ||||||||||
| CVS Health Corp. | 4.13 | 04/01/40 | 5,000 | 4,284 | ||||||||||
| CVS Health Corp. | 4.78 | 03/25/38 | 30,000 | 28,177 | ||||||||||
| CVS Health Corp. | 5.05 | 03/25/48 | 40,000 | 35,831 | ||||||||||
| CVS Health Corp. | 5.13 | 07/20/45 | 15,000 | 13,634 | ||||||||||
| CVS Health Corp. | 5.30 | 12/05/43 | 5,000 | 4,730 | ||||||||||
| CVS Health Corp. | 5.63 | 02/21/53 | 5,000 | 4,739 | ||||||||||
| CVS Health Corp. | 5.88 | 06/01/53 | 5,000 | 4,919 | ||||||||||
| CVS Health Corp. | 6.00 | 06/01/44 | 10,000 | 10,142 | ||||||||||
| CVS Health Corp. | 6.00 | 06/01/63 | 5,000 | 4,937 | ||||||||||
| CVS Health Corp. | 6.05 | 06/01/54 | 5,000 | 5,049 | ||||||||||
| CVS Health Corp. | 6.20 | 09/15/55 | 5,000 | 5,140 | ||||||||||
| CVS Health Corp. | 6.25 | 09/15/65 | 5,000 | 5,100 | ||||||||||
| Mylan, Inc. | 5.20 | 04/15/48 | 5,000 | 4,074 | ||||||||||
| Mylan, Inc. | 5.40 | 11/29/43 | 5,000 | 4,340 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.03 | 07/09/40 | 10,000 | 7,681 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.18 | 07/09/50 | 10,000 | 6,808 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 3.38 | 07/09/60 | 15,000 | 9,865 | ||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.65 | 07/05/44 | 5,000 | 5,130 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PHARMACEUTICALS – 4.5% (Continued) | ||||||||||||||
| Takeda Pharmaceutical Co. Ltd. | 5.65 | 07/05/54 | $ | 5,000 | $ | 5,044 | ||||||||
| Utah Acquisition Sub, Inc. | 5.25 | 06/15/46 | 5,000 | 4,150 | ||||||||||
| Viatris, Inc. | 3.85 | 06/22/40 | 15,000 | 11,414 | ||||||||||
| Viatris, Inc. | 4.00 | 06/22/50 | 5,000 | 3,384 | ||||||||||
| Zoetis, Inc. | 3.95 | 09/12/47 | 5,000 | 4,079 | ||||||||||
| Zoetis, Inc. | 4.70 | 02/01/43 | 5,000 | 4,640 | ||||||||||
| 224,398 | ||||||||||||||
| PIPELINES – 8.9% | ||||||||||||||
| Cheniere Corpus Christi Holdings LLC | 2.74 | 12/31/39 | 5,000 | 4,200 | ||||||||||
| Eastern Energy Gas Holdings LLC | 5.65 | 10/15/54 | 5,000 | 4,922 | ||||||||||
| Enbridge, Inc. | 3.40 | 08/01/51 | 5,000 | 3,451 | ||||||||||
| Enbridge, Inc. | 4.00 | 11/15/49 | 5,000 | 3,869 | ||||||||||
| Enbridge, Inc. | 4.50 | 06/10/44 | 5,000 | 4,290 | ||||||||||
| Enbridge, Inc. | 5.50 | 12/01/46 | 5,000 | 4,973 | ||||||||||
| Enbridge, Inc. | 5.95 | 04/05/54 | 5,000 | 5,147 | ||||||||||
| Enbridge, Inc. | 6.70 | 11/15/53 | 10,000 | 11,167 | ||||||||||
| Energy Transfer LP | 5.00 | 05/15/44 | 5,000 | 4,414 | ||||||||||
| Energy Transfer LP | 5.00 | 05/15/50 | 10,000 | 8,508 | ||||||||||
| Energy Transfer LP | 5.15 | 03/15/45 | 10,000 | 8,916 | ||||||||||
| Energy Transfer LP | 5.30 | 04/01/44 | 5,000 | 4,545 | ||||||||||
| Energy Transfer LP | 5.30 | 04/15/47 | 5,000 | 4,498 | ||||||||||
| Energy Transfer LP | 5.40 | 10/01/47 | 10,000 | 9,043 | ||||||||||
| Energy Transfer LP | 5.80 | 06/15/38 | 5,000 | 5,093 | ||||||||||
| Energy Transfer LP | 5.95 | 05/15/54 | 5,000 | 4,827 | ||||||||||
| Energy Transfer LP | 6.00 | 06/15/48 | 10,000 | 9,779 | ||||||||||
| Energy Transfer LP | 6.05 | 06/01/41 | 5,000 | 5,058 | ||||||||||
| Energy Transfer LP | 6.05 | 09/01/54 | 5,000 | 4,865 | ||||||||||
| Energy Transfer LP | 6.13 | 12/15/45 | 5,000 | 4,997 | ||||||||||
| Energy Transfer LP | 6.20 | 04/01/55 | 5,000 | 4,975 | ||||||||||
| Energy Transfer LP | 6.25 | 04/15/49 | 5,000 | 4,996 | ||||||||||
| Energy Transfer LP | 6.50 | 02/01/42 | 5,000 | 5,264 | ||||||||||
| Energy Transfer LP | 7.50 | 07/01/38 | 5,000 | 5,810 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.00 | 08/15/42 | 5,000 | 4,630 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.00 | 03/01/43 | 5,000 | 4,615 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.40 | 09/01/44 | 5,000 | 4,788 | ||||||||||
| Kinder Morgan Energy Partners LP | 5.50 | 03/01/44 | 5,000 | 4,864 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.38 | 03/01/41 | 5,000 | 5,345 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.50 | 09/01/39 | 5,000 | 5,458 | ||||||||||
| Kinder Morgan Energy Partners LP | 6.95 | 01/15/38 | 5,000 | 5,641 | ||||||||||
| Kinder Morgan, Inc. | 3.25 | 08/01/50 | 5,000 | 3,335 | ||||||||||
| Kinder Morgan, Inc. | 3.60 | 02/15/51 | 10,000 | 7,071 | ||||||||||
| Kinder Morgan, Inc. | 5.05 | 02/15/46 | 5,000 | 4,549 | ||||||||||
| Kinder Morgan, Inc. | 5.20 | 03/01/48 | 5,000 | 4,610 | ||||||||||
| Kinder Morgan, Inc. | 5.55 | 06/01/45 | 5,000 | 4,869 | ||||||||||
| MPLX LP | 4.50 | 04/15/38 | 10,000 | 9,083 | ||||||||||
| MPLX LP | 4.70 | 04/15/48 | 10,000 | 8,357 | ||||||||||
| MPLX LP | 4.90 | 04/15/58 | 5,000 | 4,179 | ||||||||||
| MPLX LP | 4.95 | 03/14/52 | 5,000 | 4,270 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| PIPELINES – 8.9% (Continued) | ||||||||||||||
| MPLX LP | 5.20 | 03/01/47 | $ | 10,000 | $ | 8,986 | ||||||||
| MPLX LP | 5.50 | 02/15/49 | 5,000 | 4,642 | ||||||||||
| MPLX LP | 5.95 | 04/01/55 | 5,000 | 4,871 | ||||||||||
| MPLX LP | 6.20 | 09/15/55 | 5,000 | 5,045 | ||||||||||
| ONEOK Partners LP | 6.13 | 02/01/41 | 5,000 | 5,131 | ||||||||||
| ONEOK Partners LP | 6.65 | 10/01/36 | 5,000 | 5,445 | ||||||||||
| ONEOK, Inc. | 3.95 | 03/01/50 | 5,000 | 3,661 | ||||||||||
| ONEOK, Inc. | 4.25 | 09/15/46 | 5,000 | 3,943 | ||||||||||
| ONEOK, Inc. | 4.45 | 09/01/49 | 5,000 | 4,013 | ||||||||||
| ONEOK, Inc. | 4.85 | 02/01/49 | 5,000 | 4,275 | ||||||||||
| ONEOK, Inc. | 4.95 | 07/13/47 | 5,000 | 4,342 | ||||||||||
| ONEOK, Inc. | 5.15 | 10/15/43 | 5,000 | 4,586 | ||||||||||
| ONEOK, Inc. | 5.20 | 07/15/48 | 5,000 | 4,471 | ||||||||||
| ONEOK, Inc. | 5.70 | 11/01/54 | 10,000 | 9,384 | ||||||||||
| ONEOK, Inc. | 5.85 | 11/01/64 | 5,000 | 4,722 | ||||||||||
| ONEOK, Inc. | 6.25 | 10/15/55 | 5,000 | 5,021 | ||||||||||
| ONEOK, Inc. | 6.63 | 09/01/53 | 5,000 | 5,268 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.70 | 06/15/44 | 5,000 | 4,289 | ||||||||||
| Plains All American Pipeline LP/PAA Finance Corp. | 4.90 | 02/15/45 | 5,000 | 4,396 | ||||||||||
| South Bow USA Infrastructure Holdings LLC | 6.18 | 10/01/54 | 5,000 | 4,853 | ||||||||||
| Spectra Energy Partners LP | 4.50 | 03/15/45 | 5,000 | 4,335 | ||||||||||
| Targa Resources Corp. | 4.95 | 04/15/52 | 5,000 | 4,283 | ||||||||||
| Targa Resources Corp. | 6.13 | 05/15/55 | 5,000 | 5,026 | ||||||||||
| Targa Resources Corp. | 6.25 | 07/01/52 | 5,000 | 5,115 | ||||||||||
| Targa Resources Corp. | 6.50 | 02/15/53 | 5,000 | 5,265 | ||||||||||
| TransCanada PipeLines Ltd. | 5.10 | 03/15/49 | 5,000 | 4,702 | ||||||||||
| TransCanada PipeLines Ltd. | 5.85 | 03/15/36 | 5,000 | 5,258 | ||||||||||
| TransCanada PipeLines Ltd. | 6.20 | 10/15/37 | 10,000 | 10,751 | ||||||||||
| TransCanada PipeLines Ltd. | 7.63 | 01/15/39 | 10,000 | 12,008 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 3.95 | 05/15/50 | 5,000 | 3,926 | ||||||||||
| Transcontinental Gas Pipe Line Co. LLC | 4.60 | 03/15/48 | 5,000 | 4,364 | ||||||||||
| Western Midstream Operating LP | 5.25 | 02/01/50 | 10,000 | 8,649 | ||||||||||
| Western Midstream Operating LP | 5.45 | 04/01/44 | 5,000 | 4,515 | ||||||||||
| Williams Cos, Inc. | 3.50 | 10/15/51 | 5,000 | 3,556 | ||||||||||
| Williams Cos, Inc. | 4.85 | 03/01/48 | 5,000 | 4,441 | ||||||||||
| Williams Cos, Inc. | 4.90 | 01/15/45 | 5,000 | 4,544 | ||||||||||
| Williams Cos, Inc. | 5.10 | 09/15/45 | 5,000 | 4,635 | ||||||||||
| Williams Cos, Inc. | 5.30 | 08/15/52 | 5,000 | 4,700 | ||||||||||
| Williams Cos, Inc. | 5.75 | 06/24/44 | 5,000 | 5,051 | ||||||||||
| Williams Cos, Inc. | 5.80 | 11/15/54 | 5,000 | 5,026 | ||||||||||
| Williams Cos, Inc. | 6.30 | 04/15/40 | 5,000 | 5,401 | ||||||||||
| 440,166 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 1.2% | ||||||||||||||
| Alexandria Real Estate Equities, Inc. | 3.55 | 03/15/52 | 5,000 | 3,431 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 4.00 | 02/01/50 | 5,000 | 3,775 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.15 | 04/15/53 | 5,000 | 4,436 | ||||||||||
| Alexandria Real Estate Equities, Inc. | 5.63 | 05/15/54 | 5,000 | 4,753 | ||||||||||
| American Tower Corp. | 2.95 | 01/15/51 | 5,000 | 3,234 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 1.2% (Continued) | ||||||||||||||
| American Tower Corp. | 3.10 | 06/15/50 | $ | 5,000 | $ | 3,374 | ||||||||
| American Tower Corp. | 3.70 | 10/15/49 | 5,000 | 3,765 | ||||||||||
| Crown Castle, Inc. | 2.90 | 04/01/41 | 10,000 | 7,344 | ||||||||||
| Crown Castle, Inc. | 4.15 | 07/01/50 | 5,000 | 3,974 | ||||||||||
| Equinix, Inc. | 2.95 | 09/15/51 | 5,000 | 3,210 | ||||||||||
| Equinix, Inc. | 3.00 | 07/15/50 | 5,000 | 3,283 | ||||||||||
| Federal Realty OP LP | 4.50 | 12/01/44 | 5,000 | 4,421 | ||||||||||
| GLP Capital LP/GLP Financing II, Inc. | 5.75 | 11/01/37 | 5,000 | 4,962 | ||||||||||
| VICI Properties LP | 5.63 | 05/15/52 | 5,000 | 4,737 | ||||||||||
| 58,699 | ||||||||||||||
| RETAIL – 2.9% | ||||||||||||||
| Dick’s Sporting Goods, Inc. | 4.10 | 01/15/52 | 5,000 | 3,733 | ||||||||||
| Lowe’s Cos, Inc. | 2.80 | 09/15/41 | 5,000 | 3,624 | ||||||||||
| Lowe’s Cos, Inc. | 3.00 | 10/15/50 | 5,000 | 3,249 | ||||||||||
| Lowe’s Cos, Inc. | 3.70 | 04/15/46 | 10,000 | 7,679 | ||||||||||
| Lowe’s Cos, Inc. | 4.05 | 05/03/47 | 5,000 | 4,017 | ||||||||||
| Lowe’s Cos, Inc. | 4.25 | 04/01/52 | 5,000 | 3,999 | ||||||||||
| Lowe’s Cos, Inc. | 4.45 | 04/01/62 | 10,000 | 7,995 | ||||||||||
| Lowe’s Cos, Inc. | 4.55 | 04/05/49 | 5,000 | 4,269 | ||||||||||
| Lowe’s Cos, Inc. | 4.65 | 04/15/42 | 5,000 | 4,599 | ||||||||||
| Lowe’s Cos, Inc. | 5.63 | 04/15/53 | 5,000 | 4,934 | ||||||||||
| Lowe’s Cos, Inc. | 5.80 | 09/15/62 | 10,000 | 9,999 | ||||||||||
| Lowe’s Cos, Inc. | 5.85 | 04/01/63 | 5,000 | 5,038 | ||||||||||
| McDonald’s Corp. | 3.63 | 05/01/43 | 5,000 | 3,996 | ||||||||||
| McDonald’s Corp. | 3.63 | 09/01/49 | 15,000 | 11,232 | ||||||||||
| McDonald’s Corp. | 3.70 | 02/15/42 | 5,000 | 4,116 | ||||||||||
| McDonald’s Corp. | 4.20 | 04/01/50 | 10,000 | 8,209 | ||||||||||
| McDonald’s Corp. | 4.45 | 03/01/47 | 5,000 | 4,331 | ||||||||||
| McDonald’s Corp. | 4.60 | 05/26/45 | 5,000 | 4,476 | ||||||||||
| McDonald’s Corp. | 4.70 | 12/09/35 | 5,000 | 4,966 | ||||||||||
| McDonald’s Corp. | 4.88 | 12/09/45 | 5,000 | 4,624 | ||||||||||
| McDonald’s Corp. | 5.00 | 02/13/36 | 5,000 | 5,038 | ||||||||||
| McDonald’s Corp. | 6.30 | 10/15/37 | 5,000 | 5,555 | ||||||||||
| McDonald’s Corp. | 6.30 | 03/01/38 | 5,000 | 5,552 | ||||||||||
| Starbucks Corp. | 3.35 | 03/12/50 | 5,000 | 3,486 | ||||||||||
| Starbucks Corp. | 3.50 | 11/15/50 | 5,000 | 3,588 | ||||||||||
| Starbucks Corp. | 4.45 | 08/15/49 | 10,000 | 8,427 | ||||||||||
| Starbucks Corp. | 4.50 | 11/15/48 | 5,000 | 4,262 | ||||||||||
| 144,993 | ||||||||||||||
| SEMICONDUCTORS – 2.8% | ||||||||||||||
| Broadcom, Inc. | 3.75 | 02/15/51 | 10,000 | 7,846 | ||||||||||
| Intel Corp. | 2.80 | 08/12/41 | 5,000 | 3,521 | ||||||||||
| Intel Corp. | 3.05 | 08/12/51 | 10,000 | 6,343 | ||||||||||
| Intel Corp. | 3.10 | 02/15/60 | 10,000 | 5,870 | ||||||||||
| Intel Corp. | 3.20 | 08/12/61 | 5,000 | 2,981 | ||||||||||
| Intel Corp. | 3.25 | 11/15/49 | 10,000 | 6,634 | ||||||||||
| Intel Corp. | 3.73 | 12/08/47 | 10,000 | 7,366 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SEMICONDUCTORS – 2.8% (Continued) | ||||||||||||||
| Intel Corp. | 4.10 | 05/19/46 | $ | 5,000 | $ | 3,931 | ||||||||
| Intel Corp. | 4.10 | 05/11/47 | 5,000 | 3,874 | ||||||||||
| Intel Corp. | 4.60 | 03/25/40 | 5,000 | 4,526 | ||||||||||
| Intel Corp. | 4.75 | 03/25/50 | 10,000 | 8,472 | ||||||||||
| Intel Corp. | 4.80 | 10/01/41 | 10,000 | 9,036 | ||||||||||
| Intel Corp. | 4.90 | 07/29/45 | 5,000 | 4,443 | ||||||||||
| Intel Corp. | 4.90 | 08/05/52 | 5,000 | 4,295 | ||||||||||
| Intel Corp. | 4.95 | 03/25/60 | 10,000 | 8,523 | ||||||||||
| Intel Corp. | 5.05 | 08/05/62 | 5,000 | 4,233 | ||||||||||
| Intel Corp. | 5.60 | 02/21/54 | 5,000 | 4,788 | ||||||||||
| Intel Corp. | 5.63 | 02/10/43 | 5,000 | 4,929 | ||||||||||
| Intel Corp. | 5.70 | 02/10/53 | 10,000 | 9,617 | ||||||||||
| Intel Corp. | 5.90 | 02/10/63 | 5,000 | 4,868 | ||||||||||
| Micron Technology, Inc. | 3.48 | 11/01/51 | 5,000 | 3,576 | ||||||||||
| Micron Technology, Inc. | 6.05 | 11/01/35 | 10,000 | 10,714 | ||||||||||
| NXP BV/NXP Funding LLC/NXP USA, Inc. | 3.25 | 05/11/41 | 10,000 | 7,602 | ||||||||||
| 137,988 | ||||||||||||||
| SOFTWARE – 5.6% | ||||||||||||||
| Electronic Arts, Inc. | 2.95 | 02/15/51 | 5,000 | 4,581 | ||||||||||
| Fidelity National Information Services, Inc. | 3.10 | 03/01/41 | 5,000 | 3,736 | ||||||||||
| Fiserv, Inc. | 4.40 | 07/01/49 | 10,000 | 8,030 | ||||||||||
| Oracle Corp. | 3.60 | 04/01/40 | 15,000 | 11,764 | ||||||||||
| Oracle Corp. | 3.60 | 04/01/50 | 20,000 | 13,560 | ||||||||||
| Oracle Corp. | 3.65 | 03/25/41 | 10,000 | 7,782 | ||||||||||
| Oracle Corp. | 3.80 | 11/15/37 | 10,000 | 8,480 | ||||||||||
| Oracle Corp. | 3.85 | 07/15/36 | 10,000 | 8,736 | ||||||||||
| Oracle Corp. | 3.85 | 04/01/60 | 20,000 | 13,229 | ||||||||||
| Oracle Corp. | 3.95 | 03/25/51 | 15,000 | 10,696 | ||||||||||
| Oracle Corp. | 4.00 | 07/15/46 | 15,000 | 11,243 | ||||||||||
| Oracle Corp. | 4.00 | 11/15/47 | 10,000 | 7,490 | ||||||||||
| Oracle Corp. | 4.10 | 03/25/61 | 5,000 | 3,460 | ||||||||||
| Oracle Corp. | 4.13 | 05/15/45 | 10,000 | 7,748 | ||||||||||
| Oracle Corp. | 4.38 | 05/15/55 | 10,000 | 7,561 | ||||||||||
| Oracle Corp. | 4.50 | 07/08/44 | 5,000 | 4,135 | ||||||||||
| Oracle Corp. | 5.38 | 07/15/40 | 15,000 | 14,322 | ||||||||||
| Oracle Corp. | 5.38 | 09/27/54 | 10,000 | 8,796 | ||||||||||
| Oracle Corp. | 5.50 | 09/27/64 | 10,000 | 8,729 | ||||||||||
| Oracle Corp. | 5.55 | 02/06/53 | 10,000 | 8,985 | ||||||||||
| Oracle Corp. | 5.88 | 09/26/45 | 15,000 | 14,445 | ||||||||||
| Oracle Corp. | 5.95 | 09/26/55 | 20,000 | 18,992 | ||||||||||
| Oracle Corp. | 6.00 | 08/03/55 | 10,000 | 9,570 | ||||||||||
| Oracle Corp. | 6.10 | 09/26/65 | 10,000 | 9,522 | ||||||||||
| Oracle Corp. | 6.13 | 07/08/39 | 10,000 | 10,320 | ||||||||||
| Oracle Corp. | 6.13 | 08/03/65 | 10,000 | 9,597 | ||||||||||
| Oracle Corp. | 6.50 | 04/15/38 | 10,000 | 10,720 | ||||||||||
| Oracle Corp. | 6.90 | 11/09/52 | 10,000 | 10,689 | ||||||||||
| Synopsys, Inc. | 5.70 | 04/01/55 | 10,000 | 10,071 | ||||||||||
| 276,989 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 13.8% | ||||||||||||||
| AT&T, Inc. | 3.10 | 02/01/43 | $ | 5,000 | $ | 3,703 | ||||||||
| AT&T, Inc. | 3.30 | 02/01/52 | 10,000 | 6,676 | ||||||||||
| AT&T, Inc. | 3.50 | 06/01/41 | 10,000 | 7,915 | ||||||||||
| AT&T, Inc. | 3.50 | 09/15/53 | 40,000 | 27,458 | ||||||||||
| AT&T, Inc. | 3.50 | 02/01/61 | 5,000 | 3,297 | ||||||||||
| AT&T, Inc. | 3.55 | 09/15/55 | 40,000 | 27,368 | ||||||||||
| AT&T, Inc. | 3.65 | 06/01/51 | 15,000 | 10,781 | ||||||||||
| AT&T, Inc. | 3.65 | 09/15/59 | 35,000 | 23,758 | ||||||||||
| AT&T, Inc. | 3.80 | 12/01/57 | 35,000 | 24,751 | ||||||||||
| AT&T, Inc. | 3.85 | 06/01/60 | 10,000 | 7,065 | ||||||||||
| AT&T, Inc. | 4.30 | 12/15/42 | 5,000 | 4,286 | ||||||||||
| AT&T, Inc. | 4.35 | 06/15/45 | 5,000 | 4,211 | ||||||||||
| AT&T, Inc. | 4.50 | 03/09/48 | 5,000 | 4,226 | ||||||||||
| AT&T, Inc. | 4.55 | 03/09/49 | 5,000 | 4,227 | ||||||||||
| AT&T, Inc. | 4.75 | 05/15/46 | 10,000 | 8,869 | ||||||||||
| AT&T, Inc. | 4.85 | 03/01/39 | 5,000 | 4,784 | ||||||||||
| AT&T, Inc. | 4.90 | 11/01/35 | 5,000 | 4,934 | ||||||||||
| AT&T, Inc. | 4.90 | 08/15/37 | 5,000 | 4,884 | ||||||||||
| AT&T, Inc. | 5.15 | 11/15/46 | 5,000 | 4,672 | ||||||||||
| AT&T, Inc. | 5.15 | 02/15/50 | 5,000 | 4,625 | ||||||||||
| AT&T, Inc. | 5.25 | 03/01/37 | 5,000 | 5,075 | ||||||||||
| AT&T, Inc. | 5.35 | 09/01/40 | 5,000 | 4,943 | ||||||||||
| AT&T, Inc. | 5.45 | 03/01/47 | 5,000 | 4,832 | ||||||||||
| AT&T, Inc. | 5.55 | 08/15/41 | 5,000 | 5,047 | ||||||||||
| AT&T, Inc. | 5.55 | 11/01/45 | 5,000 | 4,911 | ||||||||||
| AT&T, Inc. | 5.65 | 02/15/47 | 5,000 | 5,124 | ||||||||||
| AT&T, Inc. | 5.70 | 11/01/54 | 5,000 | 4,900 | ||||||||||
| AT&T, Inc. | 6.05 | 08/15/56 | 5,000 | 5,143 | ||||||||||
| AT&T, Inc. | 6.30 | 01/15/38 | 5,000 | 5,434 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 4.46 | 04/01/48 | 5,000 | 4,182 | ||||||||||
| Bell Telephone Co. of Canada or Bell Canada | 5.55 | 02/15/54 | 5,000 | 4,877 | ||||||||||
| Corning, Inc. | 4.75 | 03/15/42 | 5,000 | 4,677 | ||||||||||
| Corning, Inc. | 5.35 | 11/15/48 | 5,000 | 4,907 | ||||||||||
| Corning, Inc. | 5.45 | 11/15/79 | 5,000 | 4,685 | ||||||||||
| Orange SA | 5.50 | 02/06/44 | 10,000 | 10,012 | ||||||||||
| Rogers Communications, Inc. | 3.70 | 11/15/49 | 5,000 | 3,700 | ||||||||||
| Rogers Communications, Inc. | 4.35 | 05/01/49 | 5,000 | 4,109 | ||||||||||
| Rogers Communications, Inc. | 4.55 | 03/15/52 | 10,000 | 8,218 | ||||||||||
| Rogers Communications, Inc. | 5.00 | 03/15/44 | 5,000 | 4,599 | ||||||||||
| Rogers Communications, Inc. | 5.45 | 10/01/43 | 5,000 | 4,815 | ||||||||||
| Telefonica Emisiones SA | 4.90 | 03/06/48 | 10,000 | 8,584 | ||||||||||
| Telefonica Emisiones SA | 5.21 | 03/08/47 | 10,000 | 8,968 | ||||||||||
| Telefonica Emisiones SA | 5.52 | 03/01/49 | 10,000 | 9,304 | ||||||||||
| Telefonica Emisiones SA | 7.05 | 06/20/36 | 10,000 | 11,267 | ||||||||||
| TELUS Corp. | 4.60 | 11/16/48 | 5,000 | 4,357 | ||||||||||
| T-Mobile USA, Inc. | 3.00 | 02/15/41 | 15,000 | 11,240 | ||||||||||
| T-Mobile USA, Inc. | 3.30 | 02/15/51 | 15,000 | 10,141 | ||||||||||
| T-Mobile USA, Inc. | 3.40 | 10/15/52 | 15,000 | 10,239 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TELECOMMUNICATIONS – 13.8% (Continued) | ||||||||||||||
| T-Mobile USA, Inc. | 3.60 | 11/15/60 | $ | 10,000 | $ | 6,774 | ||||||||
| T-Mobile USA, Inc. | 4.38 | 04/15/40 | 10,000 | 8,984 | ||||||||||
| T-Mobile USA, Inc. | 4.50 | 04/15/50 | 15,000 | 12,579 | ||||||||||
| T-Mobile USA, Inc. | 4.95 | 11/15/35 | 5,000 | 4,977 | ||||||||||
| T-Mobile USA, Inc. | 5.25 | 06/15/55 | 10,000 | 9,278 | ||||||||||
| T-Mobile USA, Inc. | 5.50 | 01/15/55 | 5,000 | 4,818 | ||||||||||
| T-Mobile USA, Inc. | 5.65 | 01/15/53 | 5,000 | 4,920 | ||||||||||
| T-Mobile USA, Inc. | 5.70 | 01/15/56 | 5,000 | 4,993 | ||||||||||
| T-Mobile USA, Inc. | 5.75 | 01/15/54 | 5,000 | 4,983 | ||||||||||
| T-Mobile USA, Inc. | 5.80 | 09/15/62 | 5,000 | 5,017 | ||||||||||
| T-Mobile USA, Inc. | 5.88 | 11/15/55 | 10,000 | 10,163 | ||||||||||
| T-Mobile USA, Inc. | 6.00 | 06/15/54 | 5,000 | 5,159 | ||||||||||
| Verizon Communications, Inc. | 2.65 | 11/20/40 | 15,000 | 10,759 | ||||||||||
| Verizon Communications, Inc. | 2.85 | 09/03/41 | 5,000 | 3,616 | ||||||||||
| Verizon Communications, Inc. | 2.88 | 11/20/50 | 15,000 | 9,470 | ||||||||||
| Verizon Communications, Inc. | 2.99 | 10/30/56 | 20,000 | 12,189 | ||||||||||
| Verizon Communications, Inc. | 3.00 | 11/20/60 | 10,000 | 5,973 | ||||||||||
| Verizon Communications, Inc. | 3.40 | 03/22/41 | 20,000 | 15,721 | ||||||||||
| Verizon Communications, Inc. | 3.55 | 03/22/51 | 25,000 | 18,028 | ||||||||||
| Verizon Communications, Inc. | 3.70 | 03/22/61 | 20,000 | 13,927 | ||||||||||
| Verizon Communications, Inc. | 3.85 | 11/01/42 | 5,000 | 4,062 | ||||||||||
| Verizon Communications, Inc. | 3.88 | 03/01/52 | 5,000 | 3,776 | ||||||||||
| Verizon Communications, Inc. | 4.00 | 03/22/50 | 5,000 | 3,923 | ||||||||||
| Verizon Communications, Inc. | 4.13 | 08/15/46 | 5,000 | 4,068 | ||||||||||
| Verizon Communications, Inc. | 4.27 | 01/15/36 | 5,000 | 4,675 | ||||||||||
| Verizon Communications, Inc. | 4.52 | 09/15/48 | 5,000 | 4,260 | ||||||||||
| Verizon Communications, Inc. | 4.67 | 03/15/55 | 5,000 | 4,269 | ||||||||||
| Verizon Communications, Inc. | 4.81 | 03/15/39 | 5,000 | 4,743 | ||||||||||
| Verizon Communications, Inc. | 4.86 | 08/21/46 | 15,000 | 13,526 | ||||||||||
| Verizon Communications, Inc. | 5.01 | 04/15/49 | 5,000 | 4,636 | ||||||||||
| Verizon Communications, Inc. | 5.01 | 08/21/54 | 5,000 | 4,508 | ||||||||||
| Verizon Communications, Inc. | 5.25 | 03/16/37 | 5,000 | 5,034 | ||||||||||
| Verizon Communications, Inc.(1) | 5.40 | 07/02/37 | 15,000 | 15,196 | ||||||||||
| Verizon Communications, Inc. | 5.50 | 02/23/54 | 5,000 | 4,851 | ||||||||||
| Verizon Communications, Inc. | 6.55 | 09/15/43 | 5,000 | 5,541 | ||||||||||
| Vodafone Group PLC | 4.25 | 09/17/50 | 10,000 | 8,009 | ||||||||||
| Vodafone Group PLC | 4.38 | 02/19/43 | 5,000 | 4,346 | ||||||||||
| Vodafone Group PLC | 4.88 | 06/19/49 | 10,000 | 8,862 | ||||||||||
| Vodafone Group PLC | 5.25 | 05/30/48 | 10,000 | 9,431 | ||||||||||
| Vodafone Group PLC | 5.75 | 06/28/54 | 10,000 | 9,819 | ||||||||||
| Vodafone Group PLC | 5.88 | 06/28/64 | 5,000 | 4,951 | ||||||||||
| Vodafone Group PLC | 6.15 | 02/27/37 | 5,000 | 5,457 | ||||||||||
| 681,051 | ||||||||||||||
| TRANSPORTATION – 1.9% | ||||||||||||||
| Canadian Pacific Railway Co. | 3.00 | 12/02/41 | 10,000 | 7,528 | ||||||||||
| Canadian Pacific Railway Co. | 3.10 | 12/02/51 | 15,000 | 10,174 | ||||||||||
| Canadian Pacific Railway Co. | 6.13 | 09/15/15 | 5,000 | 5,160 | ||||||||||
| FedEx Corp. | 3.25 | 05/15/41 | 5,000 | 3,742 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TRANSPORTATION – 1.9% (Continued) | ||||||||||||||
| FedEx Corp. | 4.05 | 02/15/48 | $ | 5,000 | $ | 3,861 | ||||||||
| FedEx Corp. | 4.40 | 01/15/47 | 5,000 | 4,104 | ||||||||||
| FedEx Corp. | 4.55 | 04/01/46 | 5,000 | 4,213 | ||||||||||
| FedEx Corp. | 4.75 | 11/15/45 | 5,000 | 4,343 | ||||||||||
| FedEx Corp. | 4.95 | 10/17/48 | 5,000 | 4,411 | ||||||||||
| FedEx Corp. | 5.25 | 05/15/50 | 5,000 | 4,596 | ||||||||||
| Norfolk Southern Corp. | 2.90 | 08/25/51 | 5,000 | 3,261 | ||||||||||
| Norfolk Southern Corp. | 3.05 | 05/15/50 | 5,000 | 3,387 | ||||||||||
| Norfolk Southern Corp. | 3.16 | 05/15/55 | 5,000 | 3,307 | ||||||||||
| Norfolk Southern Corp. | 3.95 | 10/01/42 | 10,000 | 8,477 | ||||||||||
| Norfolk Southern Corp. | 4.10 | 05/15/21 | 5,000 | 3,524 | ||||||||||
| Norfolk Southern Corp. | 4.15 | 02/28/48 | 5,000 | 4,163 | ||||||||||
| Norfolk Southern Corp. | 5.35 | 08/01/54 | 10,000 | 9,800 | ||||||||||
| Norfolk Southern Corp. | 5.95 | 03/15/64 | 5,000 | 5,292 | ||||||||||
| 93,343 | ||||||||||||||
| TRUCKING & LEASING – 0.2% | ||||||||||||||
| GATX Corp. | 3.10 | 06/01/51 | 5,000 | 3,276 | ||||||||||
| GATX Corp. | 6.05 | 06/05/54 | 5,000 | 5,153 | ||||||||||
| 8,429 | ||||||||||||||
| WATER – 0.7% | ||||||||||||||
| American Water Capital Corp. | 3.45 | 05/01/50 | 5,000 | 3,644 | ||||||||||
| American Water Capital Corp. | 4.15 | 06/01/49 | 5,000 | 4,117 | ||||||||||
| American Water Capital Corp. | 4.20 | 09/01/48 | 5,000 | 4,156 | ||||||||||
| American Water Capital Corp. | 4.30 | 12/01/42 | 5,000 | 4,392 | ||||||||||
| American Water Capital Corp. | 5.45 | 03/01/54 | 5,000 | 4,946 | ||||||||||
| American Water Capital Corp. | 6.59 | 10/15/37 | 5,000 | 5,673 | ||||||||||
| Essential Utilities, Inc. | 4.28 | 05/01/49 | 5,000 | 4,081 | ||||||||||
| Essential Utilities, Inc. | 5.30 | 05/01/52 | 5,000 | 4,728 | ||||||||||
| 35,737 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $4,869,750) | 4,855,028 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.4% | ||||||||||||||
| TIME DEPOSITS – 0.4% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 22,211 | 22,211 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $22,211) | 22,211 | |||||||||||||
| TOTAL INVESTMENTS – 98.6% (Cost - $4,891,961) | $ | 4,877,239 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.4% | 68,525 | |||||||||||||
| NET ASSETS – 100.0% | $ | 4,945,764 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $35,546 and represents 0.7% 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.
172
BONDBLOXX ETF TRUST
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| CORPORATE BONDS – 11.3% | ||||||||||||||
| BANKS – 0.2% | ||||||||||||||
| Banco Nacional de Panama(1) | 2.50 | 08/11/30 | $ | 925,000 | $ | 817,423 | ||||||||
| CHEMICALS – 0.4% | ||||||||||||||
| CNAC HK Finbridge Co. Ltd.(1) | 3.00 | 09/22/30 | 600,000 | 565,491 | ||||||||||
| CNAC HK Finbridge Co. Ltd.(1) | 4.13 | 07/19/27 | 600,000 | 599,241 | ||||||||||
| CNAC HK Finbridge Co. Ltd.(1) | 5.13 | 03/14/28 | 900,000 | 918,554 | ||||||||||
| 2,083,286 | ||||||||||||||
| COMMERCIAL SERVICES – 0.4% | ||||||||||||||
| DP World Crescent Ltd.(1) | 3.88 | 07/18/29 | 550,000 | 540,108 | ||||||||||
| DP World Crescent Ltd.(1) | 4.85 | 09/26/28 | 400,000 | 405,500 | ||||||||||
| DP World Crescent Ltd.(1) | 5.50 | 09/13/33 | 600,000 | 627,743 | ||||||||||
| DP World Crescent Ltd.(1) | 5.50 | 05/08/35 | 425,000 | 443,568 | ||||||||||
| 2,016,919 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.1% | ||||||||||||||
| SRC Sukuk Ltd.(1) | 5.00 | 02/27/28 | 450,000 | 456,863 | ||||||||||
| SRC Sukuk Ltd.(1) | 5.38 | 02/27/35 | 250,000 | 261,562 | ||||||||||
| 718,425 | ||||||||||||||
| ELECTRIC – 1.1% | ||||||||||||||
| Comision Federal de Electricidad(1) | 4.69 | 05/15/29 | 400,000 | 395,000 | ||||||||||
| Comision Federal de Electricidad(1) | 6.45 | 01/24/35 | 400,000 | 409,800 | ||||||||||
| Eskom Holdings(1) | 6.35 | 08/10/28 | 1,050,000 | 1,084,650 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara(1) | 4.13 | 05/15/27 | 475,000 | 474,211 | ||||||||||
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara(1) | 5.45 | 05/21/28 | 400,000 | 411,500 | ||||||||||
| State Grid Overseas Investment BVI Ltd.(1) | 1.63 | 08/05/30 | 625,000 | 566,247 | ||||||||||
| State Grid Overseas Investment BVI Ltd.(1) | 3.50 | 05/04/27 | 1,425,000 | 1,417,846 | ||||||||||
| Three Gorges Finance I Cayman Islands Ltd.(1) | 3.15 | 06/02/26 | 625,000 | 622,003 | ||||||||||
| 5,381,257 | ||||||||||||||
| INSURANCE – 0.2% | ||||||||||||||
| China Life Insurance Overseas Co. Ltd./Hong Kong(1) | 5.35 | 08/15/33 | 1,150,000 | 1,184,356 | ||||||||||
| INVESTMENT COMPANIES – 2.7% | ||||||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 4.38 | 10/02/31 | 600,000 | 603,246 | ||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 4.50 | 05/06/30 | 450,000 | 455,886 | ||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 5.00 | 05/06/35 | 275,000 | 282,425 | ||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 5.38 | 05/08/29 | 440,000 | 458,319 | ||||||||||
| Abu Dhabi Developmental Holding Co. PJSC(1) | 5.50 | 05/08/34 | 440,000 | 470,140 | ||||||||||
| Gaci First Investment Co.(1) | 4.75 | 02/14/30 | 400,000 | 406,836 | ||||||||||
| Gaci First Investment Co.(1) | 4.88 | 02/14/35 | 650,000 | 653,250 | ||||||||||
| Gaci First Investment Co.(1) | 5.00 | 10/13/27 | 450,000 | 456,413 | ||||||||||
| Gaci First Investment Co.(1) | 5.00 | 01/29/29 | 700,000 | 714,438 | ||||||||||
| Gaci First Investment Co.(1) | 5.00 | 09/15/35 | 675,000 | 679,897 | ||||||||||
| Gaci First Investment Co.(1) | 5.25 | 01/29/30 | 800,000 | 825,192 | ||||||||||
| Gaci First Investment Co.(1) | 5.25 | 10/13/32 | 500,000 | 519,375 | ||||||||||
| Gaci First Investment Co.(1) | 5.25 | 01/29/34 | 450,000 | 466,236 | ||||||||||
| Gaci First Investment Co.(1) | 5.63 | 07/29/34 | 800,000 | 847,000 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 2.88 | 11/07/29 | 425,000 | 406,406 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 2.88 | 05/21/30 | 400,000 | 379,104 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INVESTMENT COMPANIES – 2.7% (Continued) | ||||||||||||||
| MDGH GMTN RSC Ltd.(1) | 3.38 | 03/28/32 | $ | 400,000 | $ | 380,624 | ||||||||
| MDGH GMTN RSC Ltd.(1) | 4.38 | 11/22/33 | 200,000 | 199,276 | ||||||||||
| MDGH GMTN RSC Ltd.(1) | 5.50 | 04/28/33 | 400,000 | 428,000 | ||||||||||
| Mdgh Sukuk Ltd.(1) | 4.96 | 04/04/34 | 400,000 | 418,610 | ||||||||||
| Mdgh Sukuk Ltd.(1) | 5.00 | 06/04/35 | 550,000 | 576,846 | ||||||||||
| Suci Second Investment Co.(1) | 4.38 | 09/10/27 | 500,000 | 500,937 | ||||||||||
| Suci Second Investment Co.(1) | 4.88 | 05/08/32 | 300,000 | 305,199 | ||||||||||
| Suci Second Investment Co.(1) | 5.17 | 03/05/31 | 900,000 | 930,325 | ||||||||||
| Suci Second Investment Co.(1) | 6.00 | 10/25/28 | 600,000 | 630,600 | ||||||||||
| Suci Second Investment Co.(1) | 6.25 | 10/25/33 | 450,000 | 497,255 | ||||||||||
| TVF Varlik Kiralama AS(1) | 6.95 | 01/23/30 | 500,000 | 518,125 | ||||||||||
| 14,009,960 | ||||||||||||||
| MINING – 0.8% | ||||||||||||||
| Corp. Nacional del Cobre de Chile(1) | 3.00 | 09/30/29 | 550,000 | 523,198 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 3.15 | 01/14/30 | 550,000 | 523,149 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 3.63 | 08/01/27 | 800,000 | 792,552 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 5.95 | 01/08/34 | 875,000 | 923,598 | ||||||||||
| Corp. Nacional del Cobre de Chile(1) | 6.33 | 01/13/35 | 700,000 | 749,980 | ||||||||||
| Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT(1) | 5.45 | 05/15/30 | 400,000 | 414,290 | ||||||||||
| 3,926,767 | ||||||||||||||
| OIL & GAS – 5.2% | ||||||||||||||
| Adnoc Murban RSC Ltd.(1) | 4.25 | 09/11/29 | 420,000 | 422,730 | ||||||||||
| Adnoc Murban RSC Ltd.(1) | 4.50 | 09/11/34 | 535,000 | 533,579 | ||||||||||
| Adnoc Murban Sukuk Ltd.(1) | 4.75 | 05/06/35 | 600,000 | 609,867 | ||||||||||
| Bapco Energies Sukuk Ltd.(1) | 6.25 | 01/29/35 | 1,100,000 | 1,146,376 | ||||||||||
| EDO Sukuk Ltd.(1) | 5.88 | 09/21/33 | 900,000 | 961,663 | ||||||||||
| Pertamina Hulu Energi PT(1) | 5.25 | 05/21/30 | 500,000 | 511,737 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 5.38 | 04/12/27 | 2,500,000 | 566,875 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 6.00 | 05/16/24 | 2,560,000 | 574,080 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 6.00 | 11/15/26 | 2,240,000 | 502,320 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 8.50 | 10/27/20 | 380,000 | 377,359 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 9.00 | 11/17/21 | 1,280,000 | 294,720 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 9.75 | 05/17/35 | 2,650,000 | 653,888 | ||||||||||
| Petroleos de Venezuela SA(1),(2) | 12.75 | 02/17/22 | 1,575,000 | 417,769 | ||||||||||
| Petroleos del Peru SA(1) | 4.75 | 06/19/32 | 950,000 | 813,457 | ||||||||||
| Petroleos Mexicanos | 5.95 | 01/28/31 | 1,075,000 | 1,054,790 | ||||||||||
| Petroleos Mexicanos | 6.50 | 03/13/27 | 350,000 | 357,787 | ||||||||||
| Petroleos Mexicanos | 6.50 | 01/23/29 | 475,000 | 485,778 | ||||||||||
| Petroleos Mexicanos | 6.63 | 06/15/35 | 900,000 | 866,745 | ||||||||||
| Petroleos Mexicanos | 6.70 | 02/16/32 | 2,100,000 | 2,103,150 | ||||||||||
| Petroleos Mexicanos | 6.84 | 01/23/30 | 825,000 | 849,420 | ||||||||||
| Petroleos Mexicanos | 6.88 | 08/04/26 | 300,000 | 305,100 | ||||||||||
| Petroleos Mexicanos | 8.75 | 06/02/29 | 650,000 | 703,560 | ||||||||||
| Petroleos Mexicanos | 10.00 | 02/07/33 | 725,000 | 851,259 | ||||||||||
| Petronas Capital Ltd.(1) | 2.48 | 01/28/32 | 1,525,000 | 1,371,844 | ||||||||||
| Petronas Capital Ltd.(1) | 3.50 | 04/21/30 | 2,750,000 | 2,672,258 | ||||||||||
| Petronas Capital Ltd.(1) | 4.95 | 01/03/31 | 1,800,000 | 1,861,650 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 5.2% (Continued) | ||||||||||||||
| Petronas Capital Ltd.(1) | 5.34 | 04/03/35 | $ | 2,225,000 | $ | 2,325,548 | ||||||||
| Sinopec Group Overseas Development 2017 Ltd.(1) | 3.63 | 04/12/27 | 450,000 | 448,810 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 2.30 | 01/08/31 | 825,000 | 765,971 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 2.70 | 05/13/30 | 875,000 | 834,054 | ||||||||||
| Sinopec Group Overseas Development 2018 Ltd.(1) | 2.95 | 11/12/29 | 450,000 | 435,265 | ||||||||||
| 26,679,409 | ||||||||||||||
| TRANSPORTATION – 0.2% | ||||||||||||||
| Transnet/South Africa(1) | 8.25 | 02/06/28 | 1,150,000 | 1,218,097 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $54,842,837) | 58,035,899 | |||||||||||||
| GOVERNMENT AGENCIES AND OBLIGATIONS – 87.1% | ||||||||||||||
| GOVERNMENT AGENCIES – 3.7% | ||||||||||||||
| Bank Gospodarstwa Krajowego(1) | 5.38 | 05/22/33 | 1,650,000 | 1,722,748 | ||||||||||
| Bank Gospodarstwa Krajowego(1) | 5.75 | 07/09/34 | 1,800,000 | 1,906,848 | ||||||||||
| Bank Gospodarstwa Krajowego(1) | 6.25 | 10/31/28 | 900,000 | 957,600 | ||||||||||
| Eagle Funding Luxco Sarl(1) | 5.50 | 08/17/30 | 3,900,000 | 3,962,829 | ||||||||||
| Export-Import Bank of China(1) | 4.69 | 11/05/27 | 550,000 | 550,325 | ||||||||||
| Export-Import Bank of India(1) | 2.25 | 01/13/31 | 1,300,000 | 1,165,502 | ||||||||||
| Export-Import Bank of India(1) | 3.25 | 01/15/30 | 1,000,000 | 954,610 | ||||||||||
| Export-Import Bank of India(1) | 3.38 | 08/05/26 | 1,175,000 | 1,165,676 | ||||||||||
| Export-Import Bank of India(1) | 3.88 | 02/01/28 | 1,275,000 | 1,262,594 | ||||||||||
| Export-Import Bank of India(1) | 5.50 | 01/18/33 | 1,150,000 | 1,210,001 | ||||||||||
| Export-Import Bank of India(1) | 5.50 | 01/13/35 | 1,200,000 | 1,254,600 | ||||||||||
| Finance Department Government of Sharjah(1) | 6.50 | 11/23/32 | 400,000 | 435,850 | ||||||||||
| Magyar Export-Import Bank ZRT(1) | 6.13 | 12/04/27 | 1,450,000 | 1,503,984 | ||||||||||
| MFB Magyar Fejlesztesi Bank ZRT(1) | 6.50 | 06/29/28 | 1,125,000 | 1,185,143 | ||||||||||
| 19,238,310 | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% | ||||||||||||||
| Abu Dhabi Government International Bond(1) | 1.63 | 06/02/28 | 800,000 | 755,892 | ||||||||||
| Abu Dhabi Government International Bond(1) | 1.70 | 03/02/31 | 700,000 | 625,870 | ||||||||||
| Abu Dhabi Government International Bond(1) | 1.88 | 09/15/31 | 750,000 | 670,313 | ||||||||||
| Abu Dhabi Government International Bond(1) | 2.50 | 09/30/29 | 1,250,000 | 1,191,606 | ||||||||||
| Abu Dhabi Government International Bond(1) | 3.13 | 10/11/27 | 1,700,000 | 1,683,000 | ||||||||||
| Abu Dhabi Government International Bond(1) | 3.13 | 04/16/30 | 1,226,000 | 1,194,498 | ||||||||||
| Abu Dhabi Government International Bond(1) | 3.63 | 10/02/28 | 200,000 | 199,000 | ||||||||||
| Abu Dhabi Government International Bond(1) | 4.25 | 10/02/35 | 700,000 | 698,691 | ||||||||||
| Abu Dhabi Government International Bond(1) | 4.88 | 04/30/29 | 750,000 | 777,330 | ||||||||||
| Abu Dhabi Government International Bond(1) | 5.00 | 04/30/34 | 500,000 | 531,875 | ||||||||||
| Angolan Government International Bond(1) | 8.00 | 11/26/29 | 2,125,000 | 2,042,656 | ||||||||||
| Angolan Government International Bond(1) | 8.25 | 05/09/28 | 2,150,000 | 2,126,350 | ||||||||||
| Angolan Government International Bond(1) | 8.75 | 04/14/32 | 2,000,000 | 1,884,340 | ||||||||||
| Angolan Government International Bond(1) | 9.24 | 01/15/31 | 1,200,000 | 1,174,500 | ||||||||||
| Argentine Republic Government International Bond(3) | 0.75 | 07/09/30 | 5,740,000 | 4,706,800 | ||||||||||
| Argentine Republic Government International Bond | 1.00 | 07/09/29 | 952,000 | 812,532 | ||||||||||
| Argentine Republic Government International Bond(3) | 3.50 | 07/09/41 | 5,850,000 | 3,817,125 | ||||||||||
| Argentine Republic Government International Bond(3) | 4.13 | 07/09/35 | 11,450,000 | 8,043,625 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Argentine Republic Government International Bond(3) | 5.00 | 01/09/38 | $ | 6,350,000 | $ | 4,670,425 | ||||||||
| Bahrain Government International Bond(1) | 5.25 | 01/25/33 | 800,000 | 774,248 | ||||||||||
| Bahrain Government International Bond(1) | 5.45 | 09/16/32 | 1,000,000 | 980,500 | ||||||||||
| Bahrain Government International Bond(1) | 5.63 | 09/30/31 | 875,000 | 879,813 | ||||||||||
| Bahrain Government International Bond(1) | 5.63 | 05/18/34 | 1,225,000 | 1,194,758 | ||||||||||
| Bahrain Government International Bond(1) | 6.75 | 09/20/29 | 1,200,000 | 1,256,700 | ||||||||||
| Bahrain Government International Bond(1) | 7.00 | 10/12/28 | 1,500,000 | 1,573,875 | ||||||||||
| Bahrain Government International Bond(1) | 7.38 | 05/14/30 | 1,100,000 | 1,189,444 | ||||||||||
| Bahrain Government International Bond(1) | 7.75 | 04/18/35 | 975,000 | 1,091,025 | ||||||||||
| Bolivian Government International Bond(1) | 4.50 | 03/20/28 | 1,200,000 | 988,500 | ||||||||||
| Brazilian Government International Bond | 3.75 | 09/12/31 | 925,000 | 860,019 | ||||||||||
| Brazilian Government International Bond | 3.88 | 06/12/30 | 2,500,000 | 2,402,500 | ||||||||||
| Brazilian Government International Bond | 4.50 | 05/30/29 | 1,275,000 | 1,271,175 | ||||||||||
| Brazilian Government International Bond | 4.63 | 01/13/28 | 2,050,000 | 2,061,275 | ||||||||||
| Brazilian Government International Bond | 5.50 | 11/06/30 | 1,550,000 | 1,584,487 | ||||||||||
| Brazilian Government International Bond | 6.00 | 10/20/33 | 1,625,000 | 1,664,000 | ||||||||||
| Brazilian Government International Bond | 6.13 | 01/22/32 | 1,300,000 | 1,353,950 | ||||||||||
| Brazilian Government International Bond | 6.13 | 03/15/34 | 1,575,000 | 1,608,075 | ||||||||||
| Brazilian Government International Bond | 6.25 | 03/18/31 | 1,475,000 | 1,553,175 | ||||||||||
| Brazilian Government International Bond | 6.63 | 03/15/35 | 2,600,000 | 2,716,350 | ||||||||||
| Brazilian Government International Bond | 8.25 | 01/20/34 | 900,000 | 1,057,050 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 3.88 | 05/18/29 | 1,025,000 | 985,989 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 3.95 | 09/16/27 | 1,000,000 | 980,000 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 4.50 | 03/30/27 | 875,000 | 868,669 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 5.87 | 02/06/34 | 1,250,000 | 1,266,125 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 5.88 | 06/05/32 | 1,200,000 | 1,229,256 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 6.00 | 02/12/31 | 950,000 | 983,013 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 6.25 | 10/18/30 | 900,000 | 937,125 | ||||||||||
| CBB International Sukuk Programme Co. W.L.L.(1) | 6.25 | 07/07/33 | 1,600,000 | 1,672,000 | ||||||||||
| Chile Government International Bond | 2.45 | 01/31/31 | 740,000 | 677,100 | ||||||||||
| Chile Government International Bond | 2.55 | 01/27/32 | 825,000 | 739,200 | ||||||||||
| Chile Government International Bond | 2.55 | 07/27/33 | 1,250,000 | 1,086,750 | ||||||||||
| Chile Government International Bond | 2.75 | 01/31/27 | 775,000 | 763,375 | ||||||||||
| Chile Government International Bond | 3.24 | 02/06/28 | 1,050,000 | 1,033,200 | ||||||||||
| Chile Government International Bond | 3.50 | 01/31/34 | 975,000 | 899,925 | ||||||||||
| Chile Government International Bond | 4.85 | 01/22/29 | 1,000,000 | 1,023,500 | ||||||||||
| China Government International Bond(1) | 1.20 | 10/21/30 | 1,150,000 | 1,041,492 | ||||||||||
| China Government International Bond(1) | 1.25 | 10/26/26 | 850,000 | 831,729 | ||||||||||
| China Government International Bond(1) | 1.75 | 10/26/31 | 450,000 | 413,107 | ||||||||||
| China Government International Bond(1) | 2.13 | 12/03/29 | 1,025,000 | 981,110 | ||||||||||
| China Government International Bond(1) | 2.63 | 11/02/27 | 650,000 | 642,297 | ||||||||||
| China Government International Bond(1) | 3.50 | 10/19/28 | 600,000 | 604,794 | ||||||||||
| China Government International Bond(1) | 4.13 | 11/20/27 | 700,000 | 712,117 | ||||||||||
| Colombia Government International Bond | 3.00 | 01/30/30 | 1,200,000 | 1,089,000 | ||||||||||
| Colombia Government International Bond | 3.13 | 04/15/31 | 1,685,000 | 1,484,485 | ||||||||||
| Colombia Government International Bond | 3.25 | 04/22/32 | 1,750,000 | 1,498,656 | ||||||||||
| Colombia Government International Bond | 3.88 | 04/25/27 | 1,325,000 | 1,315,725 | ||||||||||
| Colombia Government International Bond | 4.50 | 03/15/29 | 1,550,000 | 1,527,525 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Colombia Government International Bond | 7.38 | 04/25/30 | $ | 1,300,000 | $ | 1,397,500 | ||||||||
| Colombia Government International Bond | 7.50 | 02/02/34 | 1,700,000 | 1,811,350 | ||||||||||
| Colombia Government International Bond | 8.00 | 04/20/33 | 1,200,000 | 1,322,400 | ||||||||||
| Colombia Government International Bond | 8.50 | 04/25/35 | 1,300,000 | 1,467,700 | ||||||||||
| Costa Rica Government International Bond(1) | 6.13 | 02/19/31 | 1,506,000 | 1,579,041 | ||||||||||
| Costa Rica Government International Bond(1) | 6.55 | 04/03/34 | 1,700,000 | 1,836,000 | ||||||||||
| Dominican Republic International Bond(1) | 4.50 | 01/30/30 | 2,150,000 | 2,108,075 | ||||||||||
| Dominican Republic International Bond(1) | 4.88 | 09/23/32 | 3,125,000 | 3,003,125 | ||||||||||
| Dominican Republic International Bond(1) | 5.50 | 02/22/29 | 1,750,000 | 1,782,375 | ||||||||||
| Dominican Republic International Bond(1) | 5.95 | 01/25/27 | 1,525,000 | 1,548,638 | ||||||||||
| Dominican Republic International Bond(1) | 6.00 | 07/19/28 | 1,400,000 | 1,446,200 | ||||||||||
| Dominican Republic International Bond(1) | 6.00 | 02/22/33 | 1,625,000 | 1,665,625 | ||||||||||
| Dominican Republic International Bond(1) | 7.05 | 02/03/31 | 1,200,000 | 1,294,332 | ||||||||||
| Ecuador Government International Bond(1) | ZCP | 07/31/30 | 1,200,000 | 940,200 | ||||||||||
| Ecuador Government International Bond(1),(3) | 6.90 | 07/31/30 | 3,639,407 | 3,326,418 | ||||||||||
| Ecuador Government International Bond(1),(3) | 6.90 | 07/31/35 | 7,775,850 | 5,979,629 | ||||||||||
| Egypt Government International Bond(1) | 5.80 | 09/30/27 | 1,250,000 | 1,254,688 | ||||||||||
| Egypt Government International Bond(1) | 5.88 | 02/16/31 | 1,450,000 | 1,399,613 | ||||||||||
| Egypt Government International Bond(1) | 6.59 | 02/21/28 | 1,200,000 | 1,223,400 | ||||||||||
| Egypt Government International Bond(1) | 7.05 | 01/15/32 | 1,050,000 | 1,050,525 | ||||||||||
| Egypt Government International Bond(1) | 7.30 | 09/30/33 | 1,250,000 | 1,223,750 | ||||||||||
| Egypt Government International Bond(1) | 7.50 | 01/31/27 | 2,075,000 | 2,125,588 | ||||||||||
| Egypt Government International Bond(1) | 7.60 | 03/01/29 | 1,875,000 | 1,968,638 | ||||||||||
| Egypt Government International Bond(1) | 7.63 | 05/29/32 | 1,750,000 | 1,784,125 | ||||||||||
| Egypt Government International Bond(1) | 8.63 | 02/04/30 | 1,400,000 | 1,504,300 | ||||||||||
| El Salvador Government International Bond(1) | 9.25 | 04/17/30 | 1,175,000 | 1,277,495 | ||||||||||
| Ethiopia International Bond(1) | 6.63 | 12/11/24 | 1,150,000 | 1,213,250 | ||||||||||
| Ghana Government International Bond(1),(3) | 5.00 | 07/03/29 | 3,457,850 | 3,384,371 | ||||||||||
| Ghana Government International Bond(1),(3) | 5.00 | 07/03/35 | 5,017,900 | 4,321,666 | ||||||||||
| Guatemala Government Bond(1) | 6.60 | 06/13/36 | 1,250,000 | 1,352,188 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 5.13 | 06/22/26 | 1,075,000 | 1,080,612 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 6.50 | 04/26/30 | 1,100,000 | 1,141,734 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 6.75 | 09/01/30 | 1,100,000 | 1,144,765 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 7.25 | 02/24/27 | 1,250,000 | 1,295,642 | ||||||||||
| Hazine Mustesarligi Varlik Kiralama AS(1) | 8.51 | 01/14/29 | 1,025,000 | 1,126,667 | ||||||||||
| Hungary Government International Bond(1) | 2.13 | 09/22/31 | 2,550,000 | 2,198,100 | ||||||||||
| Hungary Government International Bond(1) | 5.25 | 06/16/29 | 1,850,000 | 1,888,388 | ||||||||||
| Hungary Government International Bond(1) | 5.38 | 09/26/30 | 1,450,000 | 1,492,775 | ||||||||||
| Hungary Government International Bond(1) | 5.50 | 06/16/34 | 1,335,000 | 1,363,703 | ||||||||||
| Hungary Government International Bond(1) | 6.00 | 09/26/35 | 1,150,000 | 1,207,500 | ||||||||||
| Hungary Government International Bond(1) | 6.13 | 05/22/28 | 2,463,000 | 2,563,983 | ||||||||||
| Hungary Government International Bond(1) | 6.25 | 09/22/32 | 1,950,000 | 2,100,530 | ||||||||||
| Indonesia Government International Bond | 1.85 | 03/12/31 | 650,000 | 574,641 | ||||||||||
| Indonesia Government International Bond | 2.15 | 07/28/31 | 400,000 | 356,000 | ||||||||||
| Indonesia Government International Bond | 2.85 | 02/14/30 | 350,000 | 331,997 | ||||||||||
| Indonesia Government International Bond | 3.50 | 01/11/28 | 525,000 | 520,045 | ||||||||||
| Indonesia Government International Bond | 3.55 | 03/31/32 | 400,000 | 380,000 | ||||||||||
| Indonesia Government International Bond(1) | 3.85 | 07/18/27 | 400,000 | 399,350 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Indonesia Government International Bond | 3.85 | 10/15/30 | $ | 675,000 | $ | 666,014 | ||||||||
| Indonesia Government International Bond | 4.10 | 04/24/28 | 400,000 | 401,425 | ||||||||||
| Indonesia Government International Bond(1) | 4.35 | 01/08/27 | 450,000 | 452,644 | ||||||||||
| Indonesia Government International Bond | 4.55 | 01/11/28 | 320,000 | 323,180 | ||||||||||
| Indonesia Government International Bond | 4.65 | 09/20/32 | 650,000 | 656,500 | ||||||||||
| Indonesia Government International Bond | 4.75 | 02/11/29 | 625,000 | 638,219 | ||||||||||
| Indonesia Government International Bond | 4.75 | 09/10/34 | 425,000 | 426,328 | ||||||||||
| Indonesia Government International Bond | 4.85 | 01/11/33 | 600,000 | 609,750 | ||||||||||
| Indonesia Government International Bond | 5.60 | 01/15/35 | 500,000 | 532,500 | ||||||||||
| Indonesia Government International Bond(1) | 8.50 | 10/12/35 | 500,000 | 643,750 | ||||||||||
| Ivory Coast Government International Bond(1) | 6.13 | 06/15/33 | 1,800,000 | 1,750,500 | ||||||||||
| Ivory Coast Government International Bond(1) | 7.63 | 01/30/33 | 1,325,000 | 1,397,875 | ||||||||||
| Ivory Coast Government International Bond(1) | 8.08 | 04/01/36 | 1,875,000 | 1,976,250 | ||||||||||
| Jamaica Government International Bond | 6.75 | 04/28/28 | 1,455,000 | 1,502,287 | ||||||||||
| Jordan Government International Bond(1) | 5.75 | 01/31/27 | 1,200,000 | 1,207,734 | ||||||||||
| Jordan Government International Bond(1) | 5.85 | 07/07/30 | 1,500,000 | 1,515,923 | ||||||||||
| Jordan Government International Bond(1) | 7.50 | 01/13/29 | 1,425,000 | 1,510,500 | ||||||||||
| Kazakhstan Government International Bond(1) | 4.41 | 10/28/30 | 1,700,000 | 1,688,100 | ||||||||||
| Kazakhstan Government International Bond(1) | 4.71 | 04/09/35 | 1,825,000 | 1,804,423 | ||||||||||
| Kazakhstan Government International Bond(1) | 5.00 | 07/01/32 | 1,700,000 | 1,728,900 | ||||||||||
| KSA Ijarah Sukuk Ltd.(1) | 4.25 | 09/09/30 | 800,000 | 799,424 | ||||||||||
| KSA Ijarah Sukuk Ltd.(1) | 4.88 | 09/09/35 | 1,100,000 | 1,115,945 | ||||||||||
| KSA Sukuk Ltd.(1) | 2.25 | 05/17/31 | 675,000 | 608,133 | ||||||||||
| KSA Sukuk Ltd.(1) | 2.97 | 10/29/29 | 975,000 | 934,664 | ||||||||||
| KSA Sukuk Ltd.(1) | 3.63 | 04/20/27 | 1,500,000 | 1,491,750 | ||||||||||
| KSA Sukuk Ltd.(1) | 4.27 | 05/22/29 | 800,000 | 803,904 | ||||||||||
| KSA Sukuk Ltd.(1) | 4.30 | 01/19/29 | 850,000 | 854,939 | ||||||||||
| KSA Sukuk Ltd.(1) | 4.51 | 05/22/33 | 1,200,000 | 1,198,878 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.25 | 06/04/27 | 400,000 | 407,250 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.25 | 06/04/30 | 400,000 | 417,900 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.25 | 06/04/34 | 700,000 | 730,625 | ||||||||||
| KSA Sukuk Ltd.(1) | 5.27 | 10/25/28 | 875,000 | 902,891 | ||||||||||
| Latvia Government International Bond(1) | 5.13 | 07/30/34 | 1,550,000 | 1,607,350 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.00 | 01/27/23 | 950,000 | 218,500 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.10 | 10/04/22 | 1,675,000 | 383,575 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.60 | 11/27/26 | 1,750,000 | 402,500 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.65 | 02/26/30 | 1,750,000 | 402,500 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.75 | 11/29/27 | 1,500,000 | 345,000 | ||||||||||
| Lebanon Government International Bond(1),(2) | 6.85 | 03/23/27 | 1,600,000 | 368,000 | ||||||||||
| Lebanon Government International Bond(1),(2) | 7.00 | 03/23/32 | 1,250,000 | 287,500 | ||||||||||
| Lebanon Government International Bond(1),(2) | 8.25 | 04/12/21 | 2,350,000 | 540,500 | ||||||||||
| Mexico Government International Bond | 2.66 | 05/24/31 | 825,000 | 740,850 | ||||||||||
| Mexico Government International Bond | 3.25 | 04/16/30 | 550,000 | 521,950 | ||||||||||
| Mexico Government International Bond | 3.50 | 02/12/34 | 750,000 | 655,687 | ||||||||||
| Mexico Government International Bond | 3.75 | 01/11/28 | 525,000 | 520,275 | ||||||||||
| Mexico Government International Bond | 4.15 | 03/28/27 | 525,000 | 525,525 | ||||||||||
| Mexico Government International Bond | 4.50 | 04/22/29 | 900,000 | 905,400 | ||||||||||
| Mexico Government International Bond | 4.75 | 03/22/31 | 600,000 | 597,450 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Mexico Government International Bond | 4.75 | 04/27/32 | $ | 800,000 | $ | 787,200 | ||||||||
| Mexico Government International Bond | 4.88 | 05/19/33 | 775,000 | 753,687 | ||||||||||
| Mexico Government International Bond | 5.38 | 03/22/33 | 1,300,000 | 1,302,925 | ||||||||||
| Mexico Government International Bond | 5.40 | 02/09/28 | 400,000 | 410,440 | ||||||||||
| Mexico Government International Bond | 5.63 | 09/22/35 | 950,000 | 947,387 | ||||||||||
| Mexico Government International Bond | 5.85 | 07/02/32 | 1,075,000 | 1,115,312 | ||||||||||
| Mexico Government International Bond | 6.00 | 05/13/30 | 550,000 | 579,975 | ||||||||||
| Mexico Government International Bond | 6.35 | 02/09/35 | 900,000 | 953,100 | ||||||||||
| Mexico Government International Bond | 6.75 | 09/27/34 | 550,000 | 604,450 | ||||||||||
| Mexico Government International Bond | 8.30 | 08/15/31 | 350,000 | 420,962 | ||||||||||
| Morocco Government International Bond(1) | 3.00 | 12/15/32 | 1,200,000 | 1,062,204 | ||||||||||
| Morocco Government International Bond(1) | 5.95 | 03/08/28 | 1,530,000 | 1,584,330 | ||||||||||
| Morocco Government International Bond(1) | 6.50 | 09/08/33 | 1,500,000 | 1,650,000 | ||||||||||
| Nigeria Government International Bond(1) | 6.13 | 09/28/28 | 1,500,000 | 1,477,500 | ||||||||||
| Nigeria Government International Bond(1) | 6.50 | 11/28/27 | 1,750,000 | 1,760,605 | ||||||||||
| Nigeria Government International Bond(1) | 7.14 | 02/23/30 | 1,400,000 | 1,396,500 | ||||||||||
| Nigeria Government International Bond(1) | 7.38 | 09/28/33 | 1,900,000 | 1,837,186 | ||||||||||
| Nigeria Government International Bond(1) | 7.88 | 02/16/32 | 1,750,000 | 1,756,125 | ||||||||||
| Nigeria Government International Bond(1) | 8.38 | 03/24/29 | 1,525,000 | 1,585,710 | ||||||||||
| Nigeria Government International Bond(1) | 8.75 | 01/21/31 | 1,200,000 | 1,259,400 | ||||||||||
| Nigeria Government International Bond(1) | 10.38 | 12/09/34 | 1,800,000 | 2,025,000 | ||||||||||
| Oman Government International Bond(1) | 4.75 | 06/15/26 | 2,125,000 | 2,129,703 | ||||||||||
| Oman Government International Bond(1) | 5.38 | 03/08/27 | 1,725,000 | 1,750,012 | ||||||||||
| Oman Government International Bond(1) | 5.63 | 01/17/28 | 2,600,000 | 2,673,199 | ||||||||||
| Oman Government International Bond(1) | 6.00 | 08/01/29 | 2,325,000 | 2,451,713 | ||||||||||
| Oman Government International Bond(1) | 6.25 | 01/25/31 | 1,875,000 | 2,033,438 | ||||||||||
| Oman Government International Bond(1) | 6.75 | 10/28/27 | 1,475,000 | 1,541,169 | ||||||||||
| Oman Government International Bond(1) | 7.38 | 10/28/32 | 1,050,000 | 1,224,300 | ||||||||||
| Oman Sovereign Sukuk Co.(1) | 4.53 | 04/17/33 | 1,000,000 | 1,002,875 | ||||||||||
| Oman Sovereign Sukuk Co.(1) | 4.88 | 06/15/30 | 2,000,000 | 2,057,340 | ||||||||||
| Pakistan Global Sukuk Programme Co. Ltd.(1) | 7.95 | 01/31/29 | 1,175,000 | 1,189,688 | ||||||||||
| Pakistan Government International Bond(1) | 6.88 | 12/05/27 | 1,925,000 | 1,925,962 | ||||||||||
| Pakistan Government International Bond(1) | 7.38 | 04/08/31 | 1,625,000 | 1,606,833 | ||||||||||
| Panama Government International Bond | 2.25 | 09/29/32 | 2,000,000 | 1,650,000 | ||||||||||
| Panama Government International Bond | 3.16 | 01/23/30 | 1,225,000 | 1,149,662 | ||||||||||
| Panama Government International Bond | 3.30 | 01/19/33 | 750,000 | 658,875 | ||||||||||
| Panama Government International Bond | 3.88 | 03/17/28 | 1,200,000 | 1,182,600 | ||||||||||
| Panama Government International Bond | 6.40 | 02/14/35 | 1,950,000 | 2,059,200 | ||||||||||
| Panama Government International Bond | 6.70 | 01/26/36 | 1,869,000 | 2,014,782 | ||||||||||
| Panama Government International Bond | 7.50 | 03/01/31 | 825,000 | 918,225 | ||||||||||
| Paraguay Government International Bond(1) | 4.95 | 04/28/31 | 1,250,000 | 1,271,194 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 1.50 | 06/09/26 | 450,000 | 443,784 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 2.55 | 06/09/31 | 400,000 | 365,300 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 2.80 | 06/23/30 | 300,000 | 281,569 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.15 | 03/29/27 | 750,000 | 752,107 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.40 | 06/06/27 | 750,000 | 753,750 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.40 | 03/01/28 | 725,000 | 731,072 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.45 | 02/20/29 | 600,000 | 606,262 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.55 | 07/23/30 | $ | 350,000 | $ | 354,200 | ||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 4.70 | 06/06/32 | 500,000 | 506,250 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.00 | 05/25/30 | 600,000 | 619,013 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.20 | 07/02/34 | 400,000 | 412,000 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.20 | 07/23/35 | 350,000 | 361,200 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.40 | 11/15/28 | 400,000 | 416,300 | ||||||||||
| Perusahaan Penerbit SBSN Indonesia III(1) | 5.60 | 11/15/33 | 600,000 | 638,250 | ||||||||||
| Peruvian Government International Bond | 1.86 | 12/01/32 | 1,055,000 | 877,760 | ||||||||||
| Peruvian Government International Bond | 2.78 | 01/23/31 | 2,467,000 | 2,288,759 | ||||||||||
| Peruvian Government International Bond | 3.00 | 01/15/34 | 2,365,000 | 2,064,645 | ||||||||||
| Peruvian Government International Bond | 5.38 | 02/08/35 | 1,025,000 | 1,054,212 | ||||||||||
| Peruvian Government International Bond | 8.75 | 11/21/33 | 2,065,000 | 2,617,387 | ||||||||||
| Philippine Government International Bond | 1.65 | 06/10/31 | 950,000 | 830,879 | ||||||||||
| Philippine Government International Bond | 2.46 | 05/05/30 | 825,000 | 769,638 | ||||||||||
| Philippine Government International Bond | 3.00 | 02/01/28 | 1,250,000 | 1,226,094 | ||||||||||
| Philippine Government International Bond | 3.75 | 01/14/29 | 1,050,000 | 1,042,013 | ||||||||||
| Philippine Government International Bond | 4.75 | 03/05/35 | 750,000 | 757,585 | ||||||||||
| Philippine Government International Bond | 5.00 | 07/17/33 | 830,000 | 854,900 | ||||||||||
| Philippine Government International Bond | 5.25 | 05/14/34 | 800,000 | 839,690 | ||||||||||
| Philippine Government International Bond | 5.50 | 02/04/35 | 1,000,000 | 1,067,090 | ||||||||||
| Philippine Government International Bond | 6.38 | 01/15/32 | 750,000 | 834,244 | ||||||||||
| Philippine Government International Bond | 6.38 | 10/23/34 | 1,425,000 | 1,611,707 | ||||||||||
| Philippine Government International Bond | 7.75 | 01/14/31 | 1,350,000 | 1,576,025 | ||||||||||
| Philippine Government International Bond | 9.50 | 02/02/30 | 1,300,000 | 1,569,499 | ||||||||||
| RAK Capital(1) | 5.00 | 03/12/35 | 475,000 | 492,578 | ||||||||||
| Republic of Azerbaijan International Bond(1) | 3.50 | 09/01/32 | 1,350,000 | 1,265,092 | ||||||||||
| Republic of Kenya Government International Bond(1) | 6.30 | 01/23/34 | 1,300,000 | 1,154,400 | ||||||||||
| Republic of Kenya Government International Bond(1) | 8.00 | 05/22/32 | 1,500,000 | 1,500,150 | ||||||||||
| Republic of Kenya Government International Bond(1) | 9.50 | 03/05/36 | 1,700,000 | 1,747,090 | ||||||||||
| Republic of Kenya Government International Bond(1) | 9.75 | 02/16/31 | 1,825,000 | 1,962,441 | ||||||||||
| Republic of Poland Government International Bond | 4.63 | 03/18/29 | 1,390,000 | 1,419,676 | ||||||||||
| Republic of Poland Government International Bond | 4.88 | 02/12/30 | 2,500,000 | 2,577,575 | ||||||||||
| Republic of Poland Government International Bond | 4.88 | 10/04/33 | 2,510,000 | 2,552,544 | ||||||||||
| Republic of Poland Government International Bond | 5.13 | 09/18/34 | 2,975,000 | 3,058,002 | ||||||||||
| Republic of Poland Government International Bond | 5.38 | 02/12/35 | 2,600,000 | 2,722,200 | ||||||||||
| Republic of Poland Government International Bond | 5.50 | 11/16/27 | 1,515,000 | 1,565,965 | ||||||||||
| Republic of Poland Government International Bond | 5.75 | 11/16/32 | 1,680,000 | 1,805,059 | ||||||||||
| Republic of South Africa Government International Bond | 4.30 | 10/12/28 | 2,290,000 | 2,277,050 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/27/27 | 1,050,000 | 1,063,125 | ||||||||||
| Republic of South Africa Government International Bond | 4.85 | 09/30/29 | 2,300,000 | 2,306,325 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 06/22/30 | 1,450,000 | 1,502,657 | ||||||||||
| Republic of South Africa Government International Bond | 5.88 | 04/20/32 | 1,625,000 | 1,678,422 | ||||||||||
| Romanian Government International Bond(1) | 3.00 | 02/27/27 | 1,420,000 | 1,394,085 | ||||||||||
| Romanian Government International Bond(1) | 3.00 | 02/14/31 | 1,380,000 | 1,240,965 | ||||||||||
| Romanian Government International Bond(1) | 3.63 | 03/27/32 | 1,280,000 | 1,155,200 | ||||||||||
| Romanian Government International Bond(1) | 5.25 | 11/25/27 | 1,180,000 | 1,197,110 | ||||||||||
| Romanian Government International Bond(1) | 5.75 | 09/16/30 | 2,100,000 | 2,153,550 | ||||||||||
| Romanian Government International Bond(1) | 5.75 | 03/24/35 | 2,070,000 | 2,029,118 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Romanian Government International Bond(1) | 5.88 | 01/30/29 | $ | 1,850,000 | $ | 1,907,295 | ||||||||
| Romanian Government International Bond(1) | 6.00 | 05/25/34 | 1,250,000 | 1,257,813 | ||||||||||
| Romanian Government International Bond(1) | 6.38 | 01/30/34 | 2,010,000 | 2,062,622 | ||||||||||
| Romanian Government International Bond(1) | 6.63 | 02/17/28 | 1,930,000 | 2,010,684 | ||||||||||
| Romanian Government International Bond(1) | 7.13 | 01/17/33 | 1,560,000 | 1,685,783 | ||||||||||
| ROP Sukuk Trust(1) | 5.05 | 06/06/29 | 850,000 | 875,241 | ||||||||||
| Saudi Government International Bond(1) | 2.25 | 02/02/33 | 850,000 | 734,315 | ||||||||||
| Saudi Government International Bond(1) | 2.50 | 02/03/27 | 500,000 | 491,375 | ||||||||||
| Saudi Government International Bond(1) | 2.75 | 02/03/32 | 425,000 | 389,141 | ||||||||||
| Saudi Government International Bond(1) | 3.25 | 10/26/26 | 1,650,000 | 1,639,770 | ||||||||||
| Saudi Government International Bond(1) | 3.25 | 10/22/30 | 550,000 | 525,250 | ||||||||||
| Saudi Government International Bond(1) | 3.63 | 03/04/28 | 1,675,000 | 1,659,188 | ||||||||||
| Saudi Government International Bond(1) | 4.38 | 04/16/29 | 1,050,000 | 1,058,531 | ||||||||||
| Saudi Government International Bond(1) | 4.50 | 04/17/30 | 1,100,000 | 1,114,993 | ||||||||||
| Saudi Government International Bond(1) | 4.75 | 01/18/28 | 1,075,000 | 1,090,727 | ||||||||||
| Saudi Government International Bond(1) | 4.75 | 01/16/30 | 1,100,000 | 1,123,925 | ||||||||||
| Saudi Government International Bond(1) | 4.88 | 07/18/33 | 1,075,000 | 1,097,951 | ||||||||||
| Saudi Government International Bond(1) | 5.00 | 01/16/34 | 1,325,000 | 1,360,961 | ||||||||||
| Saudi Government International Bond(1) | 5.13 | 01/13/28 | 1,700,000 | 1,736,550 | ||||||||||
| Saudi Government International Bond(1) | 5.38 | 01/13/31 | 1,000,000 | 1,051,440 | ||||||||||
| Saudi Government International Bond(1) | 5.50 | 10/25/32 | 900,000 | 958,437 | ||||||||||
| Saudi Government International Bond(1) | 5.63 | 01/13/35 | 1,200,000 | 1,287,525 | ||||||||||
| Senegal Government International Bond(1) | 6.25 | 05/23/33 | 1,425,000 | 1,018,875 | ||||||||||
| Senegal Government International Bond(1) | 7.75 | 06/10/31 | 1,100,000 | 871,255 | ||||||||||
| Serbia International Bond(1) | 2.13 | 12/01/30 | 1,500,000 | 1,317,375 | ||||||||||
| Serbia International Bond(1) | 6.00 | 06/12/34 | 1,800,000 | 1,894,500 | ||||||||||
| Serbia International Bond(1) | 6.50 | 09/26/33 | 1,150,000 | 1,254,938 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 2.94 | 06/10/27 | 425,000 | 414,277 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 3.23 | 10/23/29 | 400,000 | 381,232 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 4.23 | 03/14/28 | 450,000 | 447,003 | ||||||||||
| Sharjah Sukuk Program Ltd.(1) | 5.43 | 04/17/35 | 400,000 | 413,057 | ||||||||||
| Sri Lanka Government International Bond(3),(4) | 3.10 | 01/15/30 | 1,424,333 | 1,345,283 | ||||||||||
| Sri Lanka Government International Bond(3),(4) | 3.35 | 03/15/33 | 2,518,843 | 2,201,784 | ||||||||||
| Sri Lanka Government International Bond(3),(4) | 3.60 | 06/15/35 | 1,675,570 | 1,300,661 | ||||||||||
| Sri Lanka Government International Bond(1) | 4.00 | 04/15/28 | 401,500 | 385,591 | ||||||||||
| Sri Lanka Government International Bond(4) | 4.00 | 04/15/28 | 660,909 | 634,721 | ||||||||||
| Trinidad & Tobago Government International Bond(1) | 4.50 | 08/04/26 | 1,200,000 | 1,193,190 | ||||||||||
| Turkiye Government International Bond | 4.88 | 10/09/26 | 950,000 | 955,937 | ||||||||||
| Turkiye Government International Bond | 5.13 | 02/17/28 | 840,000 | 844,099 | ||||||||||
| Turkiye Government International Bond | 5.25 | 03/13/30 | 925,000 | 915,056 | ||||||||||
| Turkiye Government International Bond | 5.88 | 06/26/31 | 625,000 | 620,481 | ||||||||||
| Turkiye Government International Bond | 5.95 | 01/15/31 | 1,000,000 | 1,001,380 | ||||||||||
| Turkiye Government International Bond | 6.00 | 03/25/27 | 1,550,000 | 1,583,712 | ||||||||||
| Turkiye Government International Bond | 6.13 | 10/24/28 | 1,200,000 | 1,232,028 | ||||||||||
| Turkiye Government International Bond | 6.50 | 09/20/33 | 700,000 | 702,669 | ||||||||||
| Turkiye Government International Bond | 6.50 | 01/03/35 | 1,300,000 | 1,287,000 | ||||||||||
| Turkiye Government International Bond | 6.95 | 09/16/35 | 1,050,000 | 1,065,750 | ||||||||||
| Turkiye Government International Bond | 7.13 | 02/12/32 | 1,050,000 | 1,093,312 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 83.4% (Continued) | ||||||||||||||
| Turkiye Government International Bond | 7.13 | 07/17/32 | $ | 950,000 | $ | 992,037 | ||||||||
| Turkiye Government International Bond | 7.25 | 05/29/32 | 800,000 | 838,784 | ||||||||||
| Turkiye Government International Bond | 7.63 | 04/26/29 | 1,025,000 | 1,097,775 | ||||||||||
| Turkiye Government International Bond | 7.63 | 05/15/34 | 1,100,000 | 1,177,418 | ||||||||||
| Turkiye Government International Bond | 8.00 | 02/14/34 | 635,000 | 701,199 | ||||||||||
| Turkiye Government International Bond | 8.60 | 09/24/27 | 825,000 | 883,781 | ||||||||||
| Turkiye Government International Bond | 9.13 | 07/13/30 | 1,000,000 | 1,136,205 | ||||||||||
| Turkiye Government International Bond | 9.38 | 03/14/29 | 1,150,000 | 1,291,024 | ||||||||||
| Turkiye Government International Bond | 9.38 | 01/19/33 | 1,100,000 | 1,283,634 | ||||||||||
| Turkiye Government International Bond | 9.88 | 01/15/28 | 1,575,000 | 1,736,241 | ||||||||||
| Turkiye Government International Bond | 11.88 | 01/15/30 | 850,000 | 1,065,526 | ||||||||||
| UAE International Government Bond(1) | 2.00 | 10/19/31 | 425,000 | 384,323 | ||||||||||
| UAE International Government Bond(1) | 4.05 | 07/07/32 | 650,000 | 657,332 | ||||||||||
| UAE International Government Bond(1) | 4.86 | 07/02/34 | 650,000 | 690,027 | ||||||||||
| UAE International Government Bond(1) | 4.92 | 09/25/33 | 600,000 | 641,562 | ||||||||||
| Ukraine Government International Bond(1),(3) | ZCP | 02/01/34 | 2,220,663 | 936,009 | ||||||||||
| Ukraine Government International Bond(1),(3) | ZCP | 02/01/35 | 1,950,000 | 1,001,325 | ||||||||||
| Ukraine Government International Bond(1),(3) | 4.50 | 02/01/29 | 1,373,432 | 949,042 | ||||||||||
| Ukraine Government International Bond(1),(3) | 4.50 | 02/01/34 | 3,877,647 | 2,194,748 | ||||||||||
| Ukraine Government International Bond(1),(3) | 4.50 | 02/01/35 | 3,575,000 | 2,002,000 | ||||||||||
| Uruguay Government International Bond | 4.38 | 01/23/31 | 2,245,000 | 2,275,307 | ||||||||||
| Uruguay Government International Bond | 5.75 | 10/28/34 | 2,775,000 | 2,992,837 | ||||||||||
| Uruguay Government International Bond | 7.63 | 03/21/36 | 1,150,000 | 1,408,175 | ||||||||||
| Venezuela Government International Bond(1),(2) | 6.00 | 12/09/20 | 965,000 | 223,556 | ||||||||||
| Venezuela Government International Bond(1),(2) | 7.65 | 04/21/25 | 740,000 | 194,250 | ||||||||||
| Venezuela Government International Bond(1),(2) | 7.75 | 10/13/19 | 1,125,000 | 269,790 | ||||||||||
| Venezuela Government International Bond(1),(2) | 8.25 | 10/13/24 | 900,000 | 235,350 | ||||||||||
| Venezuela Government International Bond(1),(2) | 9.00 | 05/07/23 | 955,000 | 254,670 | ||||||||||
| Venezuela Government International Bond(2) | 9.25 | 09/15/27 | 2,940,000 | 926,100 | ||||||||||
| Venezuela Government International Bond(1),(2) | 9.25 | 05/07/28 | 1,735,000 | 503,089 | ||||||||||
| Venezuela Government International Bond(2) | 9.38 | 01/13/34 | 1,165,000 | 375,712 | ||||||||||
| Venezuela Government International Bond(1),(2) | 11.75 | 10/21/26 | 1,375,000 | 419,375 | ||||||||||
| Venezuela Government International Bond(1),(2) | 11.95 | 08/05/31 | 2,890,000 | 857,516 | ||||||||||
| Venezuela Government International Bond(1),(2) | 12.75 | 08/23/22 | 1,550,000 | 462,675 | ||||||||||
| Zambia Government International Bond(1),(3) | 5.75 | 06/30/33 | 959,487 | 923,507 | ||||||||||
| 428,615,830 | ||||||||||||||
| TOTAL GOVERNMENT AGENCIES AND OBLIGATIONS (Cost - $419,815,712) | 447,854,140 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.5% | ||||||||||||||
| TIME DEPOSITS – 0.5% | ||||||||||||||
| Citibank, London | 0.83 | 11/03/25 | EUR | 3,215 | 3,711 | |||||||||
| Citibank, New York | 3.21 | 11/03/25 | 2,815,495 | 2,815,495 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $2,819,206) | 2,819,206 | |||||||||||||
| TOTAL INVESTMENTS – 98.9% (Cost - $477,477,755) | $ | 508,709,245 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.1% | 5,447,018 | |||||||||||||
| NET ASSETS – 100.0% | $ | 514,156,263 | ||||||||||||
| ZCP | Indicates a zero coupon rate. |
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)
October 31, 2025
| EUR | Euro. |
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $325,721,336 and represents 63.4% 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) | 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 October 31, 2025. |
| (4) | Security was acquired and/or 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 October 31, 2025, amounts to $5,482,449 and represents 1.1% 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)
October 31, 2025
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 October 31, 2025:
| Country | Percent of
Net Assets |
|||
| Angola | 1.4 | % | ||
| Argentina | 4.3 | % | ||
| Azerbaijan | 0.2 | % | ||
| Bahrain | 3.7 | % | ||
| Bolivia | 0.2 | % | ||
| Brazil | 3.5 | % | ||
| Chile | 1.9 | % | ||
| China | 2.3 | % | ||
| Colombia | 2.5 | % | ||
| Costa Rica | 0.7 | % | ||
| Dominican Republic | 2.5 | % | ||
| Ecuador | 2.0 | % | ||
| Egypt | 2.6 | % | ||
| El Salvador | 0.3 | % | ||
| Ethiopia | 0.2 | % | ||
| Ghana | 1.5 | % | ||
| Guatemala | 0.3 | % | ||
| Hong Kong | 0.4 | % | ||
| Hungary | 3.0 | % | ||
| India | 1.4 | % | ||
| Indonesia | 3.3 | % | ||
| Ivory Coast | 1.0 | % | ||
| Jamaica | 0.3 | % | ||
| Jordan | 0.8 | % | ||
| Kazakhstan | 1.0 | % | ||
| Kenya | 1.2 | % | ||
| Latvia | 0.3 | % | ||
| Lebanon | 0.6 | % | ||
| Luxembourg | 0.8 | % | ||
| Country | Percent of
Net Assets |
|||
| Malaysia | 1.6 | % | ||
| Mexico | 4.0 | % | ||
| Morocco | 0.8 | % | ||
| Nigeria | 2.6 | % | ||
| Oman | 3.5 | % | ||
| Pakistan | 0.9 | % | ||
| Panama | 2.0 | % | ||
| Paraguay | 0.3 | % | ||
| Peru | 1.9 | % | ||
| Philippines | 2.7 | % | ||
| Poland | 3.9 | % | ||
| Romania | 3.5 | % | ||
| Saudi Arabia | 7.1 | % | ||
| Senegal | 0.4 | % | ||
| Serbia | 0.9 | % | ||
| South Africa | 2.2 | % | ||
| Sri Lanka | 1.1 | % | ||
| Trinidad And Tobago | 0.2 | % | ||
| Turkey | 5.8 | % | ||
| Ukraine | 1.4 | % | ||
| United Arab Emirates | 4.3 | % | ||
| Uruguay | 1.3 | % | ||
| Venezuela | 1.6 | % | ||
| Zambia | 0.2 | % | ||
| Other* | 1.6 | % | ||
| 100.0 | % | |||
| * | Includes cash and any non-equity securities and net other assets (liabilities). |
The accompanying notes are an integral part of these financial statements.
184
BONDBLOXX ETF TRUST
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
Portfolio of Investments
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 106.2% | ||||||||||||||
| GOVERNMENT OBLIGATIONS – 99.5% | ||||||||||||||
| U.S. Treasury Bill | ZCP | 10/01/26 | $ | 70,000,000 | $ | 67,691,618 | ||||||||
| U.S. Treasury Bill | ZCP | 10/29/26 | 73,000,000 | 70,411,216 | ||||||||||
| U.S. Treasury Bill | ZCP | 09/03/26 | 160,821,200 | 155,978,439 | ||||||||||
| U.S. Treasury Bill | ZCP | 08/06/26 | 158,261,600 | 153,902,783 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/15/26 | 12,608,200 | 12,512,031 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/13/26 | 8,132,500 | 8,072,920 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/08/26 | 10,549,600 | 10,476,538 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/18/25 | 11,578,500 | 11,522,587 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/11/25 | 25,421,000 | 25,317,091 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/02/26 | 12,184,300 | 12,106,616 | ||||||||||
| U.S. Treasury Bill | ZCP | 04/16/26 | 124,862,700 | 122,756,349 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/04/25 | 22,962,100 | 22,885,764 | ||||||||||
| U.S. Treasury Bill | ZCP | 06/11/26 | 152,971,200 | 149,598,557 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/25/25 | 8,956,100 | 8,934,927 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/16/25 | 10,430,000 | 10,382,110 | ||||||||||
| U.S. Treasury Bill | ZCP | 03/19/26 | 108,957,300 | 107,428,024 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/13/25 | 24,246,000 | 24,220,103 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/09/25 | 9,362,000 | 9,325,950 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/12/25 | 12,993,100 | 12,980,683 | ||||||||||
| U.S. Treasury Bill | ZCP | 05/14/26 | 154,762,600 | 151,779,450 | ||||||||||
| U.S. Treasury Bill | ZCP | 07/09/26 | 156,043,600 | 152,208,368 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/20/25 | 17,841,000 | 17,808,399 | ||||||||||
| U.S. Treasury Bill | ZCP | 02/19/26 | 81,683,200 | 80,770,193 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/18/25 | 23,933,800 | 23,895,343 | ||||||||||
| U.S. Treasury Bill | ZCP | 01/22/26 | 71,937,100 | 71,337,229 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/06/25 | 23,590,500 | 23,583,064 | ||||||||||
| U.S. Treasury Bill | ZCP | 12/26/25 | 75,710,000 | 75,275,017 | ||||||||||
| U.S. Treasury Bill | ZCP | 11/28/25 | 75,999,700 | 75,796,135 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $1,667,790,808) | 1,668,957,504 | |||||||||||||
| TIME DEPOSITS – 6.7% | ||||||||||||||
| Citibank, New York | 3.21 | 11/03/25 | 112,117,245 | 112,117,245 | ||||||||||
| TOTAL TIME DEPOSITS (Cost - $112,117,245) | 112,117,245 | |||||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,779,908,053) | 1,781,074,749 | |||||||||||||
| TOTAL INVESTMENTS – 106.2% (Cost - $1,779,908,053) | $ | 1,781,074,749 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (6.2)% | (103,786,789 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 1,677,287,960 | ||||||||||||
| 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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | $ | 7,000,000 | $ | 6,683,906 | ||||||||
| U.S. Treasury Note | 0.63 | 07/31/26 | 14,955,000 | 14,613,839 | ||||||||||
| U.S. Treasury Note | 0.63 | 03/31/27 | 5,360,000 | 5,139,947 | ||||||||||
| U.S. Treasury Note | 0.75 | 05/31/26 | 15,148,300 | 14,890,010 | ||||||||||
| U.S. Treasury Note | 0.75 | 08/31/26 | 15,578,200 | 15,204,262 | ||||||||||
| U.S. Treasury Note | 0.88 | 06/30/26 | 14,265,800 | 13,998,038 | ||||||||||
| U.S. Treasury Note | 0.88 | 09/30/26 | 15,924,000 | 15,519,680 | ||||||||||
| U.S. Treasury Note | 1.13 | 10/31/26 | 14,775,500 | 14,402,938 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/28/27 | 3,233,600 | 3,128,697 | ||||||||||
| U.S. Treasury Note | 1.25 | 11/30/26 | 14,062,400 | 13,701,502 | ||||||||||
| U.S. Treasury Note | 1.25 | 12/31/26 | 12,646,700 | 12,297,681 | ||||||||||
| U.S. Treasury Note | 1.38 | 08/31/26 | 6,531,400 | 6,406,895 | ||||||||||
| U.S. Treasury Note | 1.50 | 08/15/26 | 15,468,700 | 15,201,321 | ||||||||||
| U.S. Treasury Note | 1.50 | 01/31/27 | 19,245,400 | 18,737,953 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/26 | 13,057,900 | 12,909,213 | ||||||||||
| U.S. Treasury Note | 1.63 | 09/30/26 | 4,176,700 | 4,098,550 | ||||||||||
| U.S. Treasury Note | 1.63 | 10/31/26 | 5,076,200 | 4,972,693 | ||||||||||
| U.S. Treasury Note | 1.63 | 11/30/26 | 4,759,200 | 4,655,650 | ||||||||||
| U.S. Treasury Note | 1.75 | 12/31/26 | 5,284,000 | 5,168,309 | ||||||||||
| U.S. Treasury Note | 1.88 | 06/30/26 | 6,757,000 | 6,673,593 | ||||||||||
| U.S. Treasury Note | 1.88 | 07/31/26 | 6,312,900 | 6,226,837 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/27 | 12,633,000 | 12,342,589 | ||||||||||
| U.S. Treasury Note | 2.00 | 11/15/26 | 12,076,900 | 11,866,498 | ||||||||||
| U.S. Treasury Note | 2.13 | 05/31/26 | 5,683,900 | 5,630,724 | ||||||||||
| U.S. Treasury Note | 2.25 | 02/15/27 | 10,708,000 | 10,518,728 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/27 | 12,000,000 | 11,776,641 | ||||||||||
| U.S. Treasury Note | 2.50 | 03/31/27 | 12,740,500 | 12,540,185 | ||||||||||
| U.S. Treasury Note | 2.75 | 04/30/27 | 10,000,000 | 9,872,852 | ||||||||||
| U.S. Treasury Note | 3.50 | 09/30/26 | 16,576,000 | 16,539,093 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/15/26 | 9,700,200 | 9,691,864 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/26 | 19,520,300 | 19,518,775 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/30/27 | 14,000,000 | 14,023,516 | ||||||||||
| U.S. Treasury Note | 3.88 | 03/31/27 | 17,190,700 | 17,243,414 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/15/27 | 12,640,300 | 12,687,454 | ||||||||||
| U.S. Treasury Note | 4.13 | 06/15/26 | 10,622,000 | 10,648,555 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/26 | 16,834,700 | 16,897,830 | ||||||||||
| U.S. Treasury Note | 4.13 | 01/31/27 | 16,640,000 | 16,725,800 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/15/27 | 12,258,400 | 12,326,635 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/28/27 | 16,005,400 | 16,099,182 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/30/26 | 16,283,700 | 16,374,342 | ||||||||||
| U.S. Treasury Note | 4.25 | 12/31/26 | 16,806,100 | 16,908,184 | ||||||||||
| U.S. Treasury Note | 4.25 | 03/15/27 | 12,845,600 | 12,946,960 | ||||||||||
| U.S. Treasury Note | 4.38 | 07/31/26 | 17,510,500 | 17,586,424 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/15/26 | 12,022,000 | 12,077,884 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/15/26 | 12,154,400 | 12,241,522 | ||||||||||
| U.S. Treasury Note | 4.50 | 07/15/26 | 11,166,900 | 11,222,734 | ||||||||||
| U.S. Treasury Note | 4.50 | 04/15/27 | 14,362,000 | 14,533,390 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% (Continued) | ||||||||||||||
| U.S. Treasury Note | 4.50 | 05/15/27 | $ | 13,000,000 | $ | 13,165,801 | ||||||||
| U.S. Treasury Note | 4.63 | 06/30/26 | 19,145,100 | 19,247,556 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/15/26 | 12,321,400 | 12,411,645 | ||||||||||
| U.S. Treasury Note | 4.63 | 10/15/26 | 12,463,300 | 12,566,999 | ||||||||||
| U.S. Treasury Note | 4.63 | 11/15/26 | 11,342,900 | 11,444,144 | ||||||||||
| U.S. Treasury Note | 4.88 | 05/31/26 | 19,055,100 | 19,170,101 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $652,422,748) | 653,479,535 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 1,985,061 | 1,985,061 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $1,985,061) | 1,985,061 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $654,407,809) | $ | 655,464,596 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 5,498,778 | |||||||||||||
| NET ASSETS – 100.0% | $ | 660,963,374 | ||||||||||||
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% | ||||||||||||||
| U.S. Treasury Bond | 5.25 | 11/15/28 | $ | 296,000 | $ | 309,863 | ||||||||
| U.S. Treasury Bond | 6.63 | 02/15/27 | 126,000 | 130,912 | ||||||||||
| U.S. Treasury Note | 0.38 | 07/31/27 | 1,380,600 | 1,305,773 | ||||||||||
| U.S. Treasury Note | 0.38 | 09/30/27 | 1,588,400 | 1,494,926 | ||||||||||
| U.S. Treasury Note | 0.50 | 04/30/27 | 840,000 | 802,069 | ||||||||||
| U.S. Treasury Note | 0.50 | 05/31/27 | 1,368,800 | 1,304,183 | ||||||||||
| U.S. Treasury Note | 0.50 | 06/30/27 | 1,640,200 | 1,558,831 | ||||||||||
| U.S. Treasury Note | 0.50 | 08/31/27 | 1,612,000 | 1,524,316 | ||||||||||
| U.S. Treasury Note | 0.50 | 10/31/27 | 1,471,200 | 1,384,480 | ||||||||||
| U.S. Treasury Note | 0.63 | 03/31/27 | 1,030,800 | 988,481 | ||||||||||
| U.S. Treasury Note | 0.63 | 11/30/27 | 1,598,700 | 1,504,839 | ||||||||||
| U.S. Treasury Note | 0.63 | 12/31/27 | 1,803,700 | 1,693,505 | ||||||||||
| U.S. Treasury Note | 0.75 | 01/31/28 | 2,516,600 | 2,364,031 | ||||||||||
| U.S. Treasury Note | 1.00 | 07/31/28 | 2,117,500 | 1,975,148 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/28/27 | 361,000 | 349,289 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/29/28 | 2,075,200 | 1,962,037 | ||||||||||
| U.S. Treasury Note | 1.13 | 08/31/28 | 2,122,000 | 1,982,412 | ||||||||||
| U.S. Treasury Note | 1.25 | 11/30/26 | 1,941,700 | 1,891,868 | ||||||||||
| U.S. Treasury Note | 1.25 | 12/31/26 | 2,246,700 | 2,184,696 | ||||||||||
| U.S. Treasury Note | 1.25 | 03/31/28 | 2,169,200 | 2,052,944 | ||||||||||
| U.S. Treasury Note | 1.25 | 04/30/28 | 2,163,700 | 2,043,936 | ||||||||||
| U.S. Treasury Note | 1.25 | 05/31/28 | 2,221,200 | 2,094,088 | ||||||||||
| U.S. Treasury Note | 1.25 | 06/30/28 | 1,997,000 | 1,879,286 | ||||||||||
| U.S. Treasury Note | 1.25 | 09/30/28 | 2,098,000 | 1,963,105 | ||||||||||
| U.S. Treasury Note | 1.38 | 10/31/28 | 2,013,200 | 1,886,825 | ||||||||||
| U.S. Treasury Note | 1.50 | 01/31/27 | 3,131,300 | 3,048,736 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/28 | 2,000,000 | 1,877,969 | ||||||||||
| U.S. Treasury Note | 1.63 | 11/30/26 | 771,700 | 754,910 | ||||||||||
| U.S. Treasury Note | 1.75 | 12/31/26 | 960,200 | 939,177 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/27 | 1,622,200 | 1,584,908 | ||||||||||
| U.S. Treasury Note | 2.00 | 11/15/26 | 1,598,600 | 1,570,749 | ||||||||||
| U.S. Treasury Note | 2.25 | 02/15/27 | 1,927,700 | 1,893,626 | ||||||||||
| U.S. Treasury Note | 2.25 | 08/15/27 | 1,404,700 | 1,371,997 | ||||||||||
| U.S. Treasury Note | 2.25 | 11/15/27 | 1,551,200 | 1,510,663 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/27 | 1,467,400 | 1,440,087 | ||||||||||
| U.S. Treasury Note | 2.50 | 03/31/27 | 2,344,000 | 2,307,146 | ||||||||||
| U.S. Treasury Note | 2.63 | 05/31/27 | 1,573,600 | 1,549,504 | ||||||||||
| U.S. Treasury Note | 2.75 | 04/30/27 | 2,010,800 | 1,985,233 | ||||||||||
| U.S. Treasury Note | 2.75 | 07/31/27 | 1,605,900 | 1,582,502 | ||||||||||
| U.S. Treasury Note | 2.75 | 02/15/28 | 2,317,300 | 2,274,756 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/28 | 2,220,500 | 2,182,509 | ||||||||||
| U.S. Treasury Note | 2.88 | 08/15/28 | 2,246,100 | 2,203,459 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/27 | 1,795,000 | 1,779,785 | ||||||||||
| U.S. Treasury Note | 3.13 | 11/15/28 | 1,956,100 | 1,929,433 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/27 | 1,526,800 | 1,517,914 | ||||||||||
| U.S. Treasury Note | 3.38 | 09/15/27 | 1,451,800 | 1,445,845 | ||||||||||
| U.S. Treasury Note | 3.38 | 09/15/28 | 1,964,000 | 1,952,109 | ||||||||||
| U.S. Treasury Note | 3.50 | 10/31/27 | 550,000 | 548,980 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.9% (Continued) | ||||||||||||||
| U.S. Treasury Note | 3.50 | 01/31/28 | $ | 1,545,900 | $ | 1,542,820 | ||||||||
| U.S. Treasury Note | 3.50 | 04/30/28 | 1,570,400 | 1,567,026 | ||||||||||
| U.S. Treasury Note | 3.50 | 10/15/28 | 2,000,000 | 1,994,609 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/28 | 1,605,800 | 1,607,180 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/31/28 | 1,237,700 | 1,238,715 | ||||||||||
| U.S. Treasury Note | 3.63 | 08/15/28 | 1,981,800 | 1,983,426 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/30/27 | 543,200 | 544,112 | ||||||||||
| U.S. Treasury Note | 3.75 | 06/30/27 | 1,031,600 | 1,033,675 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/15/27 | 2,367,300 | 2,372,710 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/15/28 | 1,814,000 | 1,820,377 | ||||||||||
| U.S. Treasury Note | 3.75 | 05/15/28 | 1,997,000 | 2,004,567 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/28 | 2,000,000 | 2,008,203 | ||||||||||
| U.S. Treasury Note | 3.88 | 05/31/27 | 543,200 | 545,152 | ||||||||||
| U.S. Treasury Note | 3.88 | 10/15/27 | 1,943,600 | 1,953,622 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/27 | 1,800,300 | 1,810,427 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/27 | 1,517,400 | 1,526,350 | ||||||||||
| U.S. Treasury Note | 3.88 | 03/15/28 | 1,208,000 | 1,216,022 | ||||||||||
| U.S. Treasury Note | 3.88 | 06/15/28 | 1,966,500 | 1,980,634 | ||||||||||
| U.S. Treasury Note | 3.88 | 07/15/28 | 1,885,200 | 1,898,529 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/15/27 | 2,274,600 | 2,283,085 | ||||||||||
| U.S. Treasury Note | 4.00 | 12/15/27 | 1,711,200 | 1,725,638 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/29/28 | 1,545,900 | 1,559,849 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/28 | 1,453,900 | 1,468,950 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/15/27 | 2,064,600 | 2,076,092 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/28/27 | 760,000 | 764,453 | ||||||||||
| U.S. Treasury Note | 4.13 | 09/30/27 | 1,509,900 | 1,524,380 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/27 | 1,663,400 | 1,680,229 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/27 | 1,849,700 | 1,868,775 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/28 | 1,755,200 | 1,779,265 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/30/26 | 534,600 | 537,576 | ||||||||||
| U.S. Treasury Note | 4.25 | 03/15/27 | 2,148,600 | 2,165,554 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/15/28 | 1,832,000 | 1,856,975 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/15/28 | 1,902,600 | 1,929,653 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/15/26 | 2,118,700 | 2,133,887 | ||||||||||
| U.S. Treasury Note | 4.38 | 07/15/27 | 2,246,000 | 2,273,768 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/31/28 | 1,525,000 | 1,556,274 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/28 | 1,881,200 | 1,922,719 | ||||||||||
| U.S. Treasury Note | 4.50 | 04/15/27 | 1,679,200 | 1,699,239 | ||||||||||
| U.S. Treasury Note | 4.50 | 05/15/27 | 2,272,500 | 2,301,483 | ||||||||||
| U.S. Treasury Note | 4.63 | 06/15/27 | 1,713,000 | 1,739,665 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/30/28 | 1,733,700 | 1,782,664 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/28 | 1,766,800 | 1,829,949 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $148,106,014) | 148,992,118 | |||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | $ | 495,928 | $ | 495,928 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $495,928) | 495,928 | |||||||||||||
| TOTAL INVESTMENTS – 99.2% (Cost - $148,601,942) | $ | 149,488,046 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.8% | 1,227,497 | |||||||||||||
| NET ASSETS – 100.0% | $ | 150,715,543 | ||||||||||||
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.8% | ||||||||||||||
| U.S. Treasury Bond | 5.25 | 11/15/28 | $ | 389,000 | $ | 407,219 | ||||||||
| U.S. Treasury Note | 0.63 | 11/30/27 | 2,314,800 | 2,178,896 | ||||||||||
| U.S. Treasury Note | 0.63 | 12/31/27 | 3,301,600 | 3,099,893 | ||||||||||
| U.S. Treasury Note | 0.75 | 01/31/28 | 2,832,800 | 2,661,062 | ||||||||||
| U.S. Treasury Note | 1.00 | 07/31/28 | 3,384,900 | 3,157,345 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/29/28 | 3,695,600 | 3,494,074 | ||||||||||
| U.S. Treasury Note | 1.13 | 08/31/28 | 3,430,500 | 3,204,837 | ||||||||||
| U.S. Treasury Note | 1.25 | 03/31/28 | 3,026,100 | 2,863,920 | ||||||||||
| U.S. Treasury Note | 1.25 | 04/30/28 | 3,391,200 | 3,203,492 | ||||||||||
| U.S. Treasury Note | 1.25 | 05/31/28 | 2,945,900 | 2,777,316 | ||||||||||
| U.S. Treasury Note | 1.25 | 06/30/28 | 2,837,000 | 2,669,772 | ||||||||||
| U.S. Treasury Note | 1.25 | 09/30/28 | 2,880,600 | 2,695,386 | ||||||||||
| U.S. Treasury Note | 1.38 | 10/31/28 | 2,910,400 | 2,727,704 | ||||||||||
| U.S. Treasury Note | 1.38 | 12/31/28 | 3,416,400 | 3,191,265 | ||||||||||
| U.S. Treasury Note | 1.50 | 11/30/28 | 3,496,000 | 3,282,689 | ||||||||||
| U.S. Treasury Note | 1.63 | 08/15/29 | 2,578,400 | 2,399,221 | ||||||||||
| U.S. Treasury Note | 1.75 | 01/31/29 | 3,140,400 | 2,962,526 | ||||||||||
| U.S. Treasury Note | 1.75 | 11/15/29 | 1,936,200 | 1,801,574 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/28/29 | 2,703,900 | 2,557,298 | ||||||||||
| U.S. Treasury Note | 2.38 | 03/31/29 | 2,467,700 | 2,369,570 | ||||||||||
| U.S. Treasury Note | 2.38 | 05/15/29 | 2,979,200 | 2,855,959 | ||||||||||
| U.S. Treasury Note | 2.63 | 02/15/29 | 3,610,400 | 3,500,396 | ||||||||||
| U.S. Treasury Note | 2.63 | 07/31/29 | 2,189,500 | 2,111,841 | ||||||||||
| U.S. Treasury Note | 2.75 | 02/15/28 | 3,418,000 | 3,355,248 | ||||||||||
| U.S. Treasury Note | 2.75 | 05/31/29 | 2,586,300 | 2,510,125 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/28 | 3,264,100 | 3,208,253 | ||||||||||
| U.S. Treasury Note | 2.88 | 08/15/28 | 2,689,200 | 2,638,147 | ||||||||||
| U.S. Treasury Note | 2.88 | 04/30/29 | 2,469,800 | 2,409,213 | ||||||||||
| U.S. Treasury Note | 3.13 | 11/15/28 | 3,493,400 | 3,445,775 | ||||||||||
| U.S. Treasury Note | 3.13 | 08/31/29 | 2,069,500 | 2,030,778 | ||||||||||
| U.S. Treasury Note | 3.25 | 06/30/29 | 2,426,900 | 2,394,573 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/28 | 2,161,600 | 2,157,294 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/28 | 2,167,300 | 2,162,644 | ||||||||||
| U.S. Treasury Note | 3.50 | 09/30/29 | 4,084,900 | 4,061,922 | ||||||||||
| U.S. Treasury Note | 3.50 | 01/31/30 | 2,231,100 | 2,216,023 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/28 | 2,049,500 | 2,051,261 | ||||||||||
| U.S. Treasury Note | 3.63 | 05/31/28 | 2,285,700 | 2,287,575 | ||||||||||
| U.S. Treasury Note | 3.63 | 08/15/28 | 902,900 | 903,641 | ||||||||||
| U.S. Treasury Note | 3.63 | 08/31/29 | 3,972,400 | 3,968,210 | ||||||||||
| U.S. Treasury Note | 3.75 | 04/15/28 | 1,031,400 | 1,035,026 | ||||||||||
| U.S. Treasury Note | 3.75 | 05/15/28 | 637,600 | 640,016 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/28 | 3,306,900 | 3,320,464 | ||||||||||
| U.S. Treasury Note | 3.88 | 12/31/27 | 2,200,200 | 2,213,178 | ||||||||||
| U.S. Treasury Note | 3.88 | 03/15/28 | 904,700 | 910,708 | ||||||||||
| U.S. Treasury Note | 3.88 | 06/15/28 | 1,014,400 | 1,021,691 | ||||||||||
| U.S. Treasury Note | 3.88 | 07/15/28 | 674,800 | 679,571 | ||||||||||
| U.S. Treasury Note | 3.88 | 09/30/29 | 2,054,300 | 2,070,670 | ||||||||||
| U.S. Treasury Note | 3.88 | 11/30/29 | 1,957,400 | 1,973,075 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.8% (Continued) | ||||||||||||||
| U.S. Treasury Note | 3.88 | 12/31/29 | $ | 1,993,800 | $ | 2,009,454 | ||||||||
| U.S. Treasury Note | 4.00 | 02/29/28 | 2,124,000 | 2,143,166 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/28 | 2,107,600 | 2,129,417 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/29 | 3,542,700 | 3,583,524 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/29 | 4,115,100 | 4,165,414 | ||||||||||
| U.S. Treasury Note | 4.00 | 10/31/29 | 2,165,600 | 2,192,839 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/28/30 | 6,200,000 | 6,279,922 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/28 | 2,553,700 | 2,588,714 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/29 | 3,972,800 | 4,035,961 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/29 | 4,222,600 | 4,294,846 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/30/29 | 4,210,200 | 4,282,563 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/15/28 | 1,683,700 | 1,706,654 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/15/28 | 787,000 | 798,190 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/29 | 3,541,800 | 3,611,114 | ||||||||||
| U.S. Treasury Note | 4.25 | 06/30/29 | 3,935,000 | 4,016,774 | ||||||||||
| U.S. Treasury Note | 4.25 | 01/31/30 | 4,141,500 | 4,234,198 | ||||||||||
| U.S. Treasury Note | 4.38 | 08/31/28 | 2,469,700 | 2,520,348 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/28 | 2,959,300 | 3,024,613 | ||||||||||
| U.S. Treasury Note | 4.38 | 12/31/29 | 4,043,300 | 4,152,595 | ||||||||||
| U.S. Treasury Note | 4.50 | 05/31/29 | 4,323,800 | 4,447,940 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/30/28 | 2,945,000 | 3,028,173 | ||||||||||
| U.S. Treasury Note | 4.63 | 04/30/29 | 3,980,700 | 4,109,917 | ||||||||||
| U.S. Treasury Note | 4.88 | 10/31/28 | 2,441,200 | 2,528,454 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $192,017,880) | 193,723,126 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 497,331 | 497,331 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $497,331) | 497,331 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $192,515,211) | $ | 194,220,457 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 1,777,159 | |||||||||||||
| NET ASSETS – 100.0% | $ | 195,997,616 | ||||||||||||
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.8% | ||||||||||||||
| U.S. Treasury Bond | 5.38 | 02/15/31 | $ | 1,723,000 | $ | 1,857,004 | ||||||||
| U.S. Treasury Note | 0.63 | 05/15/30 | 7,512,400 | 6,560,732 | ||||||||||
| U.S. Treasury Note | 0.63 | 08/15/30 | 11,733,000 | 10,161,420 | ||||||||||
| U.S. Treasury Note | 0.88 | 11/15/30 | 10,686,700 | 9,309,953 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 13,205,300 | 11,592,293 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 13,713,500 | 11,918,424 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 12,411,600 | 10,793,244 | ||||||||||
| U.S. Treasury Note | 1.50 | 02/15/30 | 5,774,800 | 5,285,070 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 12,708,200 | 11,364,407 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | 13,701,800 | 12,212,800 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 11,016,400 | 10,395,006 | ||||||||||
| U.S. Treasury Note | 3.50 | 04/30/30 | 3,366,900 | 3,341,385 | ||||||||||
| U.S. Treasury Note | 3.63 | 03/31/30 | 3,453,000 | 3,445,177 | ||||||||||
| U.S. Treasury Note | 3.63 | 08/31/30 | 1,475,600 | 1,470,643 | ||||||||||
| U.S. Treasury Note | 3.63 | 09/30/30 | 1,000,000 | 996,445 | ||||||||||
| U.S. Treasury Note | 3.63 | 10/31/30 | 1,500,000 | 1,494,551 | ||||||||||
| U.S. Treasury Note | 3.63 | 09/30/31 | 5,064,600 | 5,018,504 | ||||||||||
| U.S. Treasury Note | 3.75 | 05/31/30 | 3,924,900 | 3,934,406 | ||||||||||
| U.S. Treasury Note | 3.75 | 06/30/30 | 3,871,900 | 3,880,672 | ||||||||||
| U.S. Treasury Note | 3.75 | 12/31/30 | 5,464,700 | 5,470,677 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/31 | 5,257,200 | 5,245,289 | ||||||||||
| U.S. Treasury Note | 3.88 | 04/30/30 | 8,047,900 | 8,111,403 | ||||||||||
| U.S. Treasury Note | 3.88 | 06/30/30 | 6,832,300 | 6,884,877 | ||||||||||
| U.S. Treasury Note | 3.88 | 07/31/30 | 6,040,200 | 6,086,445 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/31/32 | 2,500,000 | 2,499,805 | ||||||||||
| U.S. Treasury Note | 4.00 | 03/31/30 | 7,815,300 | 7,915,434 | ||||||||||
| U.S. Treasury Note | 4.00 | 05/31/30 | 6,886,200 | 6,977,119 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/30 | 4,484,400 | 4,542,032 | ||||||||||
| U.S. Treasury Note | 4.00 | 01/31/31 | 4,357,500 | 4,411,969 | ||||||||||
| U.S. Treasury Note | 4.00 | 04/30/32 | 6,028,200 | 6,080,240 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/32 | 4,780,400 | 4,818,120 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/32 | 5,827,000 | 5,870,247 | ||||||||||
| U.S. Treasury Note | 4.13 | 08/31/30 | 3,944,400 | 4,016,046 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/31 | 4,356,600 | 4,435,734 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/31 | 5,908,300 | 6,012,157 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/31 | 6,286,100 | 6,392,915 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/30/31 | 5,615,400 | 5,708,624 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/29/32 | 7,317,400 | 7,435,164 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/32 | 6,590,900 | 6,694,913 | ||||||||||
| U.S. Treasury Note | 4.13 | 05/31/32 | 6,715,500 | 6,817,806 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 10,000,000 | 10,146,093 | ||||||||||
| U.S. Treasury Note | 4.25 | 02/28/31 | 3,986,400 | 4,083,724 | ||||||||||
| U.S. Treasury Note | 4.25 | 06/30/31 | 5,641,900 | 5,777,879 | ||||||||||
| U.S. Treasury Note | 4.38 | 11/30/30 | 4,261,000 | 4,388,164 | ||||||||||
| U.S. Treasury Note | 4.38 | 01/31/32 | 5,831,800 | 6,006,298 | ||||||||||
| U.S. Treasury Note | 4.50 | 12/31/31 | 5,898,400 | 6,116,134 | ||||||||||
| U.S. Treasury Note | 4.63 | 09/30/30 | 3,756,500 | 3,909,401 | ||||||||||
| U.S. Treasury Note | 4.63 | 04/30/31 | 4,976,900 | 5,190,362 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.8% (Continued) | ||||||||||||||
| U.S. Treasury Note | 4.63 | 05/31/31 | $ | 4,441,300 | $ | 4,631,617 | ||||||||
| U.S. Treasury Note | 4.88 | 10/31/30 | 3,927,600 | 4,133,799 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $299,681,223) | 301,842,623 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.3% | ||||||||||||||
| TIME DEPOSITS – 0.3% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 773,126 | 773,126 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $773,126) | 773,126 | |||||||||||||
| TOTAL INVESTMENTS – 99.1% (Cost - $300,454,349) | $ | 302,615,749 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.9% | 2,773,288 | |||||||||||||
| NET ASSETS – 100.0% | $ | 305,389,037 | ||||||||||||
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.4% | ||||||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/36 | $ | 1,306,400 | $ | 1,355,594 | ||||||||
| U.S. Treasury Bond | 4.75 | 02/15/37 | 439,600 | 464,087 | ||||||||||
| U.S. Treasury Bond | 5.00 | 05/15/37 | 1,357,200 | 1,462,807 | ||||||||||
| U.S. Treasury Note | 1.13 | 02/15/31 | 2,895,100 | 2,541,468 | ||||||||||
| U.S. Treasury Note | 1.25 | 08/15/31 | 3,036,300 | 2,638,853 | ||||||||||
| U.S. Treasury Note | 1.38 | 11/15/31 | 3,104,700 | 2,699,876 | ||||||||||
| U.S. Treasury Note | 1.63 | 05/15/31 | 3,090,700 | 2,763,883 | ||||||||||
| U.S. Treasury Note | 1.88 | 02/15/32 | 2,748,000 | 2,449,370 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 2,928,600 | 2,732,750 | ||||||||||
| U.S. Treasury Note | 2.88 | 05/15/32 | 3,009,900 | 2,840,123 | ||||||||||
| U.S. Treasury Note | 3.38 | 05/15/33 | 3,021,300 | 2,913,430 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 2,793,600 | 2,721,796 | ||||||||||
| U.S. Treasury Note | 3.63 | 09/30/31 | 1,111,800 | 1,101,681 | ||||||||||
| U.S. Treasury Note | 3.75 | 08/31/31 | 907,600 | 905,544 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/31/32 | 1,235,600 | 1,235,503 | ||||||||||
| U.S. Treasury Note | 3.88 | 09/30/32 | 654,000 | 653,745 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/33 | 3,286,700 | 3,271,550 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/34 | 18,101,700 | 17,896,642 | ||||||||||
| U.S. Treasury Note | 4.00 | 04/30/32 | 1,190,600 | 1,200,878 | ||||||||||
| U.S. Treasury Note | 4.00 | 06/30/32 | 1,357,200 | 1,367,909 | ||||||||||
| U.S. Treasury Note | 4.00 | 07/31/32 | 1,235,600 | 1,244,770 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/34 | 6,926,200 | 6,932,152 | ||||||||||
| U.S. Treasury Note | 4.13 | 07/31/31 | 694,300 | 706,505 | ||||||||||
| U.S. Treasury Note | 4.13 | 10/31/31 | 1,176,800 | 1,196,796 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/30/31 | 1,233,600 | 1,254,080 | ||||||||||
| U.S. Treasury Note | 4.13 | 02/29/32 | 1,079,200 | 1,096,568 | ||||||||||
| U.S. Treasury Note | 4.13 | 03/31/32 | 1,213,200 | 1,232,346 | ||||||||||
| U.S. Treasury Note | 4.13 | 05/31/32 | 1,322,100 | 1,342,241 | ||||||||||
| U.S. Treasury Note | 4.13 | 11/15/32 | 2,710,400 | 2,749,997 | ||||||||||
| U.S. Treasury Note | 4.25 | 06/30/31 | 16,400 | 16,795 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/15/34 | 18,212,100 | 18,492,396 | ||||||||||
| U.S. Treasury Note | 4.25 | 05/15/35 | 18,093,300 | 18,340,669 | ||||||||||
| U.S. Treasury Note | 4.25 | 08/15/35 | 18,722,000 | 18,957,488 | ||||||||||
| U.S. Treasury Note | 4.38 | 01/31/32 | 1,700,800 | 1,751,691 | ||||||||||
| U.S. Treasury Note | 4.38 | 05/15/34 | 17,014,600 | 17,467,880 | ||||||||||
| U.S. Treasury Note | 4.50 | 12/31/31 | 1,114,800 | 1,155,952 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/33 | 3,023,100 | 3,134,577 | ||||||||||
| U.S. Treasury Note | 4.63 | 02/15/35 | 18,124,400 | 18,910,263 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $169,134,313) | 171,200,655 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| Sumitomo Mitsui Trust Bank, London | 3.21 | 11/03/25 | 141,126 | 141,126 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $141,126) | 141,126 | |||||||||||||
| TOTAL INVESTMENTS – 98.5% (Cost - $169,275,439) | $ | 171,341,781 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.5% | 2,686,454 | |||||||||||||
| NET ASSETS – 100.0% | $ | 174,028,235 | ||||||||||||
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.4% | ||||||||||||||
| U.S. Treasury Bond | 1.13 | 05/15/40 | $ | 13,874,700 | $ | 8,932,922 | ||||||||
| U.S. Treasury Bond | 1.13 | 08/15/40 | 17,475,900 | 11,128,599 | ||||||||||
| U.S. Treasury Bond | 1.38 | 11/15/40 | 18,970,500 | 12,501,263 | ||||||||||
| U.S. Treasury Bond | 1.75 | 08/15/41 | 24,656,000 | 16,895,139 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/41 | 25,576,900 | 18,137,619 | ||||||||||
| U.S. Treasury Bond | 2.00 | 11/15/41 | 20,461,200 | 14,509,868 | ||||||||||
| U.S. Treasury Bond | 2.25 | 05/15/41 | 26,723,800 | 19,965,602 | ||||||||||
| U.S. Treasury Bond | 2.38 | 02/15/42 | 17,539,300 | 13,117,478 | ||||||||||
| U.S. Treasury Bond | 2.75 | 08/15/42 | 6,263,300 | 4,916,201 | ||||||||||
| U.S. Treasury Bond | 2.75 | 11/15/42 | 7,279,200 | 5,687,444 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/43 | 11,239,500 | 8,883,595 | ||||||||||
| U.S. Treasury Bond | 3.00 | 05/15/42 | 11,011,500 | 9,007,063 | ||||||||||
| U.S. Treasury Bond | 3.00 | 11/15/44 | 1,822,000 | 1,440,519 | ||||||||||
| U.S. Treasury Bond | 3.13 | 11/15/41 | 4,911,000 | 4,124,473 | ||||||||||
| U.S. Treasury Bond | 3.13 | 02/15/42 | 11,350,500 | 9,488,309 | ||||||||||
| U.S. Treasury Bond | 3.13 | 02/15/43 | 6,780,000 | 5,581,317 | ||||||||||
| U.S. Treasury Bond | 3.13 | 08/15/44 | 9,965,000 | 8,063,086 | ||||||||||
| U.S. Treasury Bond | 3.25 | 05/15/42 | 25,775,600 | 21,854,890 | ||||||||||
| U.S. Treasury Bond | 3.38 | 08/15/42 | 14,925,900 | 12,829,277 | ||||||||||
| U.S. Treasury Bond | 3.38 | 05/15/44 | 8,262,000 | 6,963,962 | ||||||||||
| U.S. Treasury Bond | 3.50 | 02/15/39 | 2,665,400 | 2,454,667 | ||||||||||
| U.S. Treasury Bond | 3.63 | 08/15/43 | 13,720,300 | 12,069,576 | ||||||||||
| U.S. Treasury Bond | 3.63 | 02/15/44 | 10,568,500 | 9,254,869 | ||||||||||
| U.S. Treasury Bond | 3.75 | 08/15/41 | 4,368,100 | 3,993,740 | ||||||||||
| U.S. Treasury Bond | 3.75 | 11/15/43 | 8,805,300 | 7,869,737 | ||||||||||
| U.S. Treasury Bond | 3.88 | 08/15/40 | 4,501,400 | 4,224,283 | ||||||||||
| U.S. Treasury Bond | 3.88 | 02/15/43 | 15,908,000 | 14,564,520 | ||||||||||
| U.S. Treasury Bond | 3.88 | 05/15/43 | 15,057,200 | 13,759,693 | ||||||||||
| U.S. Treasury Bond | 4.00 | 11/15/42 | 14,547,800 | 13,561,277 | ||||||||||
| U.S. Treasury Bond | 4.13 | 08/15/44 | 12,214,000 | 11,434,403 | ||||||||||
| U.S. Treasury Bond | 4.25 | 05/15/39 | 4,013,400 | 3,975,147 | ||||||||||
| U.S. Treasury Bond | 4.25 | 11/15/40 | 4,395,400 | 4,297,190 | ||||||||||
| U.S. Treasury Bond | 4.38 | 02/15/38 | 1,207,300 | 1,225,787 | ||||||||||
| U.S. Treasury Bond | 4.38 | 11/15/39 | 4,464,400 | 4,455,332 | ||||||||||
| U.S. Treasury Bond | 4.38 | 05/15/40 | 4,629,300 | 4,606,877 | ||||||||||
| U.S. Treasury Bond | 4.38 | 05/15/41 | 4,312,900 | 4,262,358 | ||||||||||
| U.S. Treasury Bond | 4.38 | 08/15/43 | 15,479,500 | 15,062,279 | ||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/36 | 1,994,100 | 2,069,190 | ||||||||||
| U.S. Treasury Bond | 4.50 | 05/15/38 | 2,205,500 | 2,265,634 | ||||||||||
| U.S. Treasury Bond | 4.50 | 08/15/39 | 4,434,700 | 4,493,945 | ||||||||||
| U.S. Treasury Bond | 4.50 | 02/15/44 | 8,801,900 | 8,678,123 | ||||||||||
| U.S. Treasury Bond | 4.63 | 02/15/40 | 4,345,000 | 4,446,836 | ||||||||||
| U.S. Treasury Bond | 4.63 | 05/15/44 | 5,070,400 | 5,074,361 | ||||||||||
| U.S. Treasury Bond | 4.63 | 11/15/44 | 5,986,100 | 5,979,553 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/37 | 1,242,600 | 1,311,817 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/41 | 4,630,600 | 4,778,200 | ||||||||||
| U.S. Treasury Bond | 4.75 | 11/15/43 | 17,189,300 | 17,518,314 | ||||||||||
| U.S. Treasury Bond | 4.75 | 02/15/45 | 9,535,400 | 9,670,981 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.4% (Continued) | ||||||||||||||
| U.S. Treasury Bond | 4.88 | 08/15/45 | $ | 1,800,000 | $ | 1,854,141 | ||||||||
| U.S. Treasury Bond | 5.00 | 05/15/37 | 1,479,200 | 1,594,300 | ||||||||||
| U.S. Treasury Bond | 5.00 | 05/15/45 | 9,242,600 | 9,673,681 | ||||||||||
| U.S. Treasury Note | 2.75 | 08/15/32 | 23,884,000 | 22,286,757 | ||||||||||
| U.S. Treasury Note | 3.38 | 05/15/33 | 24,181,800 | 23,318,434 | ||||||||||
| U.S. Treasury Note | 3.50 | 02/15/33 | 24,511,200 | 23,881,186 | ||||||||||
| U.S. Treasury Note | 3.75 | 10/31/32 | 11,000,000 | 10,908,047 | ||||||||||
| U.S. Treasury Note | 3.88 | 09/30/32 | 10,996,000 | 10,991,705 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/33 | 26,735,800 | 26,612,565 | ||||||||||
| U.S. Treasury Note | 3.88 | 08/15/34 | 32,228,200 | 31,863,115 | ||||||||||
| U.S. Treasury Note | 4.00 | 02/15/34 | 29,467,300 | 29,492,624 | ||||||||||
| U.S. Treasury Note | 4.25 | 11/15/34 | 29,660,200 | 30,116,689 | ||||||||||
| U.S. Treasury Note | 4.25 | 05/15/35 | 29,644,500 | 30,049,796 | ||||||||||
| U.S. Treasury Note | 4.25 | 08/15/35 | 29,570,100 | 29,942,037 | ||||||||||
| U.S. Treasury Note | 4.38 | 05/15/34 | 26,760,200 | 27,473,109 | ||||||||||
| U.S. Treasury Note | 4.50 | 11/15/33 | 28,115,900 | 29,152,674 | ||||||||||
| U.S. Treasury Note | 4.63 | 02/15/35 | 29,781,800 | 31,073,120 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $772,172,497) | 781,671,295 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.1% | ||||||||||||||
| TIME DEPOSITS – 0.1% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 513,472 | 513,472 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $513,472) | 513,472 | |||||||||||||
| TOTAL INVESTMENTS – 98.5% (Cost - $772,685,969) | $ | 782,184,767 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.5% | 12,145,045 | |||||||||||||
| NET ASSETS – 100.0% | $ | 794,329,812 | ||||||||||||
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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.6% | ||||||||||||||
| U.S. Treasury Bond | 1.25 | 05/15/50 | $ | 3,749,500 | $ | 1,864,205 | ||||||||
| U.S. Treasury Bond | 1.38 | 08/15/50 | 4,249,200 | 2,166,760 | ||||||||||
| U.S. Treasury Bond | 1.63 | 11/15/50 | 4,178,600 | 2,273,093 | ||||||||||
| U.S. Treasury Bond | 1.88 | 02/15/51 | 4,627,400 | 2,675,939 | ||||||||||
| U.S. Treasury Bond | 1.88 | 11/15/51 | 4,348,400 | 2,489,799 | ||||||||||
| U.S. Treasury Bond | 2.00 | 02/15/50 | 3,194,800 | 1,933,353 | ||||||||||
| U.S. Treasury Bond | 2.00 | 08/15/51 | 4,656,400 | 2,761,463 | ||||||||||
| U.S. Treasury Bond | 2.25 | 08/15/49 | 3,105,200 | 2,006,250 | ||||||||||
| U.S. Treasury Bond | 2.25 | 02/15/52 | 3,955,000 | 2,482,072 | ||||||||||
| U.S. Treasury Bond | 2.38 | 11/15/49 | 4,107,300 | 2,717,877 | ||||||||||
| U.S. Treasury Bond | 2.38 | 05/15/51 | 4,692,300 | 3,053,661 | ||||||||||
| U.S. Treasury Bond | 2.88 | 05/15/52 | 6,042,700 | 4,359,242 | ||||||||||
| U.S. Treasury Bond | 3.00 | 08/15/52 | 4,593,000 | 3,395,949 | ||||||||||
| U.S. Treasury Bond | 3.63 | 02/15/53 | 5,750,200 | 4,801,417 | ||||||||||
| U.S. Treasury Bond | 3.63 | 05/15/53 | 5,784,600 | 4,825,622 | ||||||||||
| U.S. Treasury Bond | 4.13 | 08/15/53 | 600,000 | 549,469 | ||||||||||
| U.S. Treasury Bond | 4.25 | 02/15/54 | 5,997,400 | 5,591,170 | ||||||||||
| U.S. Treasury Bond | 4.25 | 08/15/54 | 4,130,300 | 3,852,150 | ||||||||||
| U.S. Treasury Bond | 4.63 | 02/15/55 | 1,000,000 | 992,813 | ||||||||||
| U.S. Treasury Bond | 4.75 | 08/15/55 | 1,622,500 | 1,644,683 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/45 | 524,800 | 203,533 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/46 | 1,041,000 | 398,057 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/46 | 1,396,600 | 520,738 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/47 | 965,500 | 351,469 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/47 | 1,034,000 | 371,436 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/47 | 1,810,900 | 641,319 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/47 | 1,639,200 | 573,292 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/48 | 2,306,600 | 795,787 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/48 | 800,000 | 272,667 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/48 | 3,014,800 | 1,014,507 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/48 | 2,068,000 | 687,028 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/49 | 2,824,100 | 927,518 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/49 | 4,041,600 | 1,311,165 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/49 | 750,000 | 241,022 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/49 | 1,062,700 | 336,970 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/50 | 1,945,300 | 609,581 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/50 | 2,132,600 | 669,750 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/50 | 2,584,500 | 794,528 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/50 | 3,562,700 | 1,080,716 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/51 | 3,441,500 | 1,029,999 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/51 | 3,112,800 | 920,134 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/51 | 3,944,500 | 1,154,228 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/51 | 3,866,300 | 1,119,561 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/52 | 3,803,900 | 1,089,072 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/52 | 5,897,900 | 1,652,686 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/52 | 1,252,000 | 349,040 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/53 | 3,259,000 | 896,993 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/53 | 8,529,100 | 2,319,468 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| GOVERNMENT OBLIGATIONS – 98.6% (Continued) | ||||||||||||||
| U.S. Treasury Strip | ZCP | 11/15/53 | $ | 2,571,000 | $ | 690,715 | ||||||||
| U.S. Treasury Strip | ZCP | 02/15/54 | 3,349,100 | 886,875 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/54 | 2,915,900 | 765,563 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/54 | 3,568,700 | 926,821 | ||||||||||
| U.S. Treasury Strip | ZCP | 11/15/54 | 2,369,400 | 609,660 | ||||||||||
| U.S. Treasury Strip | ZCP | 02/15/55 | 2,275,000 | 579,141 | ||||||||||
| U.S. Treasury Strip | ZCP | 05/15/55 | 2,549,700 | 642,678 | ||||||||||
| U.S. Treasury Strip | ZCP | 08/15/55 | 1,100,000 | 274,283 | ||||||||||
| TOTAL GOVERNMENT OBLIGATIONS (Cost - $84,209,111) | 84,144,987 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.2% | ||||||||||||||
| TIME DEPOSITS – 0.2% | ||||||||||||||
| Sumitomo, Tokyo | 3.21 | 11/03/25 | 150,586 | 150,586 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $150,586) | 150,586 | |||||||||||||
| TOTAL INVESTMENTS – 98.8% (Cost - $84,359,697) | $ | 84,295,573 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.2% | 1,062,451 | |||||||||||||
| NET ASSETS – 100.0% | $ | 85,358,024 | ||||||||||||
| 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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 7.0% | ||||||||||||||
| AUTOMOBILE – 0.3% | ||||||||||||||
| Avis Budget Rental Car Funding AESOP LLC 2024-2A Class A(1) | 5.13 | 10/20/28 | $ | 250,000 | $ | 254,260 | ||||||||
| NextGear Floorplan Master Owner Trust 2023-1A Class A2(1) | 5.74 | 03/15/28 | 100,000 | 100,563 | ||||||||||
| Wheels Fleet Lease Funding 1 LLC 2023-1A Class A(1) | 5.80 | 04/18/38 | 201,125 | 202,378 | ||||||||||
| 557,201 | ||||||||||||||
| OTHER ABS – 6.7% | ||||||||||||||
| AIMCO CLO 22 Ltd. 2024-22A Class A (CME Term SOFR 3 Month + 1.50%)(1) | 5.38 | 04/19/37 | 400,000 | 401,230 | ||||||||||
| Apidos CLO XL Ltd. 2022-40A Class AR (CME Term SOFR 3 Month + 1.35%)(1) | 5.25 | 07/15/37 | 440,000 | 441,400 | ||||||||||
| Apidos CLO XLVII Ltd. 2024-47A Class A1 (CME Term SOFR 3 Month + 1.50%)(1) | 5.36 | 04/26/37 | 500,000 | 500,878 | ||||||||||
| Bain Capital Credit CLO 2022-6 Ltd. 2022-6A Class A1R (CME Term SOFR 3 Month + 1.37%)(1) | 5.23 | 01/22/38 | 631,000 | 634,449 | ||||||||||
| CCG Receivables Trust 2023-2 Class A2(1) | 6.28 | 04/14/32 | 39,280 | 39,733 | ||||||||||
| CIFC Funding 2018-IV Ltd. 2018-4A Class AR (CME Term SOFR 3 Month + 1.22%)(1) | 5.10 | 01/17/38 | 500,000 | 500,492 | ||||||||||
| CIFC Funding 2021-IV Ltd. 2021-4A Class AR (CME Term SOFR 3 Month + 1.36%)(1) | 5.22 | 07/23/37 | 959,000 | 960,322 | ||||||||||
| DB Master Finance LLC 2017-1A Class A2II(1) | 4.03 | 11/20/47 | 138,750 | 137,494 | ||||||||||
| DB Master Finance LLC 2021-1A Class A2I(1) | 2.05 | 11/20/51 | 288,750 | 281,387 | ||||||||||
| DB Master Finance LLC 2021-1A Class A2II(1) | 2.49 | 11/20/51 | 481,250 | 453,687 | ||||||||||
| Domino’s Pizza Master Issuer LLC 2021-1A Class A2I(1) | 2.66 | 04/25/51 | 413,313 | 393,057 | ||||||||||
| Elmwood CLO 22 Ltd. 2023-1A Class AR (CME Term SOFR 3 Month + 1.20%)(1) | 5.08 | 04/17/38 | 880,000 | 879,977 | ||||||||||
| Elmwood CLO 30 Ltd. 2024-6A Class A (CME Term SOFR 3 Month + 1.43%)(1) | 5.31 | 07/17/37 | 450,000 | 450,812 | ||||||||||
| Elmwood CLO 31 Ltd. 2024-7A Class A1 (CME Term SOFR 3 Month + 1.35%)(1) | 5.23 | 07/17/37 | 325,000 | 325,290 | ||||||||||
| Elmwood CLO I Ltd. 2019-1A Class A1RR (CME Term SOFR 3 Month + 1.52%)(1) | 5.40 | 04/20/37 | 1,130,000 | 1,131,954 | ||||||||||
| Golub Capital Partners CLO 53B Ltd. 2021-53A Class AR (CME Term SOFR 3 Month + 0.98%)(1) | 4.86 | 07/20/34 | 1,000,000 | 998,713 | ||||||||||
| Jersey Mike’s Funding LLC 2019-1A Class A2(1) | 4.43 | 02/15/50 | 176,315 | 175,870 | ||||||||||
| OCP CLO 2025-44 Ltd. 2025-44A Class A (CME Term SOFR 3 Month + 1.30%)(1) | 5.56 | 10/24/38 | 286,000 | 286,471 | ||||||||||
| Palmer Square CLO 2021-4 Ltd. 2021-4A Class A1R (CME Term SOFR 3 Month + 1.32%)(1) | 5.22 | 07/15/38 | 1,000,000 | 1,001,551 | ||||||||||
| Palmer Square CLO 2022-4 Ltd. 2022-4A Class A1R (CME Term SOFR 3 Month + 1.35%)(1) | 5.23 | 10/20/37 | 500,000 | 500,468 | ||||||||||
| Palmer Square Loan Funding 2024-1 Ltd. 2024-1A Class A1 (CME Term SOFR 3 Month + 1.05%)(1) | 4.95 | 10/15/32 | 239,437 | 239,540 | ||||||||||
| Planet Fitness Master Issuer LLC 2022-1A Class A2I(1) | 3.25 | 12/05/51 | 251,865 | 247,625 | ||||||||||
| SERVPRO Master Issuer LLC 2019-1A Class A2(1) | 3.88 | 10/25/49 | 352,500 | 351,527 | ||||||||||
| Subway Funding LLC 2024-1A Class A2I(1) | 6.03 | 07/30/54 | 1,113,750 | 1,128,245 | ||||||||||
| Taco Bell Funding LLC 2018-1A Class A2II(1) | 4.94 | 11/25/48 | 952,500 | 952,105 | ||||||||||
| Tricon Residential Trust 2023-SFR1 Class A(1) | 5.10 | 07/17/40 | 99,586 | 99,899 | ||||||||||
| Tricon Residential Trust 2023-SFR2 Class A(1) | 5.00 | 12/17/40 | 393,362 | 394,865 | ||||||||||
| Uniti Fiber Abs Issuer LLC 2025-1A Class A2(1) | 5.88 | 04/20/55 | 504,000 | 516,678 | ||||||||||
| Wendy’s Funding LLC 2019-1A Class A2I(1) | 3.78 | 06/15/49 | 441,185 | 438,400 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OTHER ABS – 6.7% (Continued) | ||||||||||||||
| Wendy’s Funding LLC 2021-1A Class A2I(1) | 2.37 | 06/15/51 | $ | 267,896 | $ | 249,945 | ||||||||
| Wind River 2021-3 CLO Ltd. 2021-3A Class A1R (CME Term SOFR 3 Month + 1.24%)(1) | 5.12 | 04/20/38 | 542,000 | 541,435 | ||||||||||
| 15,655,499 | ||||||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $16,089,395) | 16,212,700 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 6.0% | ||||||||||||||
| COMMERCIAL – 5.2% | ||||||||||||||
| BLP Commercial Mortgage Trust 2024-IND2 Class A (CME Term SOFR 1 Month + 1.34%)(1) | 5.37 | 03/15/41 | 396,610 | 397,143 | ||||||||||
| BLP Commercial Mortgage Trust 2025-IND Class A (CME Term SOFR 1 Month + 1.20%)(1) | 5.23 | 03/15/42 | 703,000 | 701,471 | ||||||||||
| BSTN Commercial Mortgage Trust 2025-1C Class A(1) | 5.37 | 06/15/44 | 960,000 | 991,296 | ||||||||||
| BX Commercial Mortgage Trust 2021-VOLT Class A (CME Term SOFR 1 Month + 0.81%)(1) | 4.85 | 09/15/36 | 605,518 | 605,261 | ||||||||||
| BX Commercial Mortgage Trust 2023-XL3 Class A (CME Term SOFR 1 Month + 1.76%)(1) | 5.79 | 12/09/40 | 716,009 | 717,567 | ||||||||||
| BX Commercial Mortgage Trust 2024-XL4 Class A (CME Term SOFR 1 Month + 1.44%)(1) | 5.47 | 02/15/39 | 723,867 | 725,528 | ||||||||||
| BX Commercial Mortgage Trust 2024-XL5 Class A (CME Term SOFR 1 Month + 1.39%)(1) | 5.42 | 03/15/41 | 556,563 | 557,502 | ||||||||||
| BX Trust 2022-CLS Class A(1) | 5.76 | 10/13/27 | 221,000 | 222,709 | ||||||||||
| BX Trust 2024-BIO Class A (CME Term SOFR 1 Month + 1.64%)(1) | 5.67 | 02/15/41 | 811,000 | 810,518 | ||||||||||
| BX Trust 2024-CNYN Class A (CME Term SOFR 1 Month + 1.44%)(1) | 5.47 | 04/15/41 | 638,797 | 639,720 | ||||||||||
| BX Trust 2024-VLT4 Class A (CME Term SOFR 1 Month + 1.49%)(1) | 5.52 | 06/15/41 | 710,000 | 710,872 | ||||||||||
| BX Trust 2025-VLT6 Class A (CME Term SOFR 1 Month + 1.44%)(1) | 5.48 | 03/15/42 | 934,000 | 935,035 | ||||||||||
| Citigroup Commercial Mortgage Trust 2016-C1 Class A4 | 3.21 | 05/10/49 | 387,000 | 384,392 | ||||||||||
| Citigroup Commercial Mortgage Trust 2016-GC37 Class A3 | 3.05 | 04/10/49 | 23,585 | 23,556 | ||||||||||
| COMM Mortgage Trust 2016-DC2 Class A5 | 3.77 | 02/10/49 | 244,036 | 243,424 | ||||||||||
| Fashion Show Mall LLC 2024-SHOW Class A(1) | 5.10 | 10/10/41 | 600,000 | 609,102 | ||||||||||
| GS Mortgage Securities Corp. Trust 2023-SHIP Class A(1) | 4.32 | 09/10/38 | 165,000 | 164,550 | ||||||||||
| GS Mortgage Securities Trust 2016-GS2 Class A4 | 3.05 | 05/10/49 | 85,000 | 84,540 | ||||||||||
| JP Morgan BB Commercial Mortgage Securities Trust 2015-C33 Class A4 | 3.77 | 12/15/48 | 218,564 | 218,102 | ||||||||||
| JP Morgan Chase Commercial Mortgage Securities Trust 2024-OMNI Class A(1) | 5.80 | 10/05/39 | 735,000 | 748,311 | ||||||||||
| KIND Commercial Mortgage Trust 2024-1 Class A (CME Term SOFR 1 Month + 1.89%)(1) | 5.92 | 08/15/41 | 1,052,000 | 1,054,972 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22 Class A4 | 3.31 | 04/15/48 | 33,826 | 33,335 | ||||||||||
| Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 Class A4 | 3.72 | 12/15/49 | 393,000 | 389,857 | ||||||||||
| UBS Commercial Mortgage Trust 2019-C16 Class ASB | 3.46 | 04/15/52 | 245,300 | 241,740 | ||||||||||
| 12,210,503 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| WHOLE LOAN COLLATERAL – 0.8% | ||||||||||||||
| JP Morgan Mortgage Trust 2024-9 Class A6A(1) | 5.00 | 02/25/55 | $ | 190,728 | $ | 189,829 | ||||||||
| JP Morgan Mortgage Trust 2025-5MPR Class A1B(1),(2) | 5.59 | 11/25/55 | 1,088,481 | 1,090,418 | ||||||||||
| Sequoia Mortgage Trust 2024-7 Class A11(1) | 6.00 | 08/25/54 | 91,756 | 92,131 | ||||||||||
| Sequoia Mortgage Trust 2025-1 Class A5(1) | 5.50 | 01/25/55 | 364,603 | 364,835 | ||||||||||
| 1,737,213 | ||||||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $13,885,161) | 13,947,716 | |||||||||||||
| CORPORATE BONDS – 10.0% | ||||||||||||||
| AIRLINES – 0.3% | ||||||||||||||
| Air Canada 2015-2 Class AA Pass Through Trust(1) | 3.75 | 12/15/27 | 566,008 | 555,662 | ||||||||||
| Delta Air Lines 2020-1 Class AA Pass Through Trust | 2.00 | 06/10/28 | 260,082 | 249,689 | ||||||||||
| 805,351 | ||||||||||||||
| APPAREL – 0.0% | ||||||||||||||
| William Carter Co.(1) | 5.63 | 03/15/27 | 91,000 | 91,127 | ||||||||||
| AUTO MANUFACTURERS – 0.5% | ||||||||||||||
| Ford Motor Credit Co. LLC | 2.70 | 08/10/26 | 600,000 | 591,584 | ||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 533,000 | 542,176 | ||||||||||
| 1,133,760 | ||||||||||||||
| AUTO PARTS & EQUIPMENT – 0.1% | ||||||||||||||
| Dana, Inc. | 5.63 | 06/15/28 | 262,000 | 261,923 | ||||||||||
| BANKS – 2.5% | ||||||||||||||
| Bank of America Corp.(3) | 4.38 | - | 350,000 | 344,751 | ||||||||||
| Barclays PLC | 5.83 | 05/09/27 | 200,000 | 201,586 | ||||||||||
| Citigroup, Inc.(3) | 4.00 | - | 350,000 | 349,789 | ||||||||||
| Depository Trust & Clearing Corp.(1),(3) | 3.38 | - | 750,000 | 738,744 | ||||||||||
| HSBC Holdings PLC | 5.89 | 08/14/27 | 200,000 | 202,528 | ||||||||||
| JP Morgan Chase & Co. | 1.58 | 04/22/27 | 183,000 | 180,773 | ||||||||||
| Morgan Stanley | 0.99 | 12/10/26 | 164,000 | 163,480 | ||||||||||
| Northern Trust Corp.(3) | 4.60 | - | 669,000 | 667,114 | ||||||||||
| PNC Financial Services Group, Inc.(3) | 6.00 | - | 660,000 | 666,168 | ||||||||||
| Truist Financial Corp.(3) | 4.95 | - | 599,000 | 599,357 | ||||||||||
| US Bancorp(3) | 3.70 | - | 845,000 | 821,707 | ||||||||||
| Wells Fargo & Co.(3) | 3.90 | - | 839,000 | 834,004 | ||||||||||
| 5,770,001 | ||||||||||||||
| CHEMICALS – 0.1% | ||||||||||||||
| Methanex Corp. | 5.13 | 10/15/27 | 175,000 | 175,532 | ||||||||||
| COMMERCIAL SERVICES – 0.5% | ||||||||||||||
| Ashtead Capital, Inc.(1) | 4.00 | 05/01/28 | 200,000 | 198,566 | ||||||||||
| Brink’s Co.(1) | 4.63 | 10/15/27 | 214,000 | 213,231 | ||||||||||
| Element Fleet Management Corp.(1) | 5.64 | 03/13/27 | 314,000 | 319,853 | ||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 344,000 | 339,356 | ||||||||||
| 1,071,006 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COMPUTERS – 0.4% | ||||||||||||||
| Booz Allen Hamilton, Inc.(1) | 3.88 | 09/01/28 | $ | 720,000 | $ | 706,373 | ||||||||
| Genpact Luxembourg Sarl/Genpact USA, Inc. | 1.75 | 04/10/26 | 233,000 | 230,305 | ||||||||||
| Western Digital Corp. | 4.75 | 02/15/26 | 62,000 | 61,998 | ||||||||||
| 998,676 | ||||||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.9% | ||||||||||||||
| American Express Co.(3) | 3.55 | - | 855,000 | 840,074 | ||||||||||
| Aviation Capital Group LLC(1) | 1.95 | 01/30/26 | 291,000 | 289,166 | ||||||||||
| GGAM Finance Ltd.(1) | 7.75 | 05/15/26 | 268,000 | 269,405 | ||||||||||
| Navient Corp. | 5.00 | 03/15/27 | 171,000 | 170,110 | ||||||||||
| Navient Corp. | 6.75 | 06/15/26 | 95,000 | 96,091 | ||||||||||
| OneMain Finance Corp. | 3.50 | 01/15/27 | 316,000 | 311,097 | ||||||||||
| United Wholesale Mortgage LLC(1) | 5.50 | 11/15/25 | 91,000 | 91,060 | ||||||||||
| 2,067,003 | ||||||||||||||
| ELECTRIC – 0.1% | ||||||||||||||
| XPLR Infrastructure Operating Partners LP(1) | 3.88 | 10/15/26 | 262,000 | 258,298 | ||||||||||
| HOME BUILDERS – 0.1% | ||||||||||||||
| Tri Pointe Homes, Inc. | 5.25 | 06/01/27 | 240,000 | 241,095 | ||||||||||
| INSURANCE – 0.6% | ||||||||||||||
| Athene Global Funding(1) | 1.73 | 10/02/26 | 359,000 | 351,156 | ||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 578,000 | 568,045 | ||||||||||
| SBL Holdings, Inc.(1) | 5.90 | 09/26/28 | 450,000 | 447,884 | ||||||||||
| 1,367,085 | ||||||||||||||
| INVESTMENT COMPANIES – 2.0% | ||||||||||||||
| Antares Holdings LP(1) | 3.75 | 07/15/27 | 250,000 | 243,217 | ||||||||||
| Antares Holdings LP(1) | 3.95 | 07/15/26 | 500,000 | 497,066 | ||||||||||
| Ares Strategic Income Fund(1) | 4.85 | 01/15/29 | 650,000 | 640,546 | ||||||||||
| Barings BDC, Inc. | 3.30 | 11/23/26 | 99,000 | 97,411 | ||||||||||
| Blue Owl Capital Corp. | 2.88 | 06/11/28 | 440,000 | 415,607 | ||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 508,000 | 503,939 | ||||||||||
| Golub Capital BDC, Inc. | 7.05 | 12/05/28 | 651,000 | 683,179 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 627,000 | 652,192 | ||||||||||
| Oaktree Specialty Lending Corp. | 2.70 | 01/15/27 | 197,000 | 191,133 | ||||||||||
| Sixth Street Lending Partners | 5.75 | 01/15/30 | 150,000 | 152,037 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 485,000 | 503,224 | ||||||||||
| 4,579,551 | ||||||||||||||
| LEISURE TIME – 0.1% | ||||||||||||||
| Royal Caribbean Cruises Ltd.(1) | 5.50 | 08/31/26 | 291,000 | 291,876 | ||||||||||
| MEDIA – 0.1% | ||||||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.13 | 05/01/27 | 207,000 | 205,936 | ||||||||||
| CCO Holdings LLC/CCO Holdings Capital Corp.(1) | 5.50 | 05/01/26 | 91,000 | 90,948 | ||||||||||
| 296,884 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OIL & GAS – 0.1% | ||||||||||||||
| Civitas Resources, Inc.(1) | 5.00 | 10/15/26 | $ | 245,000 | $ | 243,939 | ||||||||
| PHARMACEUTICALS – 0.4% | ||||||||||||||
| CVS Pass-Through Trust(1) | 5.77 | 01/10/33 | 206,857 | 211,710 | ||||||||||
| CVS Pass-Through Trust(1) | 5.93 | 01/10/34 | 318,011 | 327,398 | ||||||||||
| CVS Pass-Through Trust | 6.04 | 12/10/28 | 222,870 | 226,598 | ||||||||||
| CVS Pass-Through Trust | 6.94 | 01/10/30 | 211,870 | 218,798 | ||||||||||
| 984,504 | ||||||||||||||
| PIPELINES – 0.1% | ||||||||||||||
| Buckeye Partners LP | 3.95 | 12/01/26 | 142,000 | 140,858 | ||||||||||
| PRIVATE EQUITY – 0.3% | ||||||||||||||
| Hercules Capital, Inc. | 2.63 | 09/16/26 | 533,000 | 523,454 | ||||||||||
| Hercules Capital, Inc. | 6.00 | 06/16/30 | 150,000 | 151,891 | ||||||||||
| 675,345 | ||||||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 0.6% | ||||||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 420,000 | 414,415 | ||||||||||
| EPR Properties | 4.75 | 12/15/26 | 445,000 | 446,765 | ||||||||||
| SBA Communications Corp. | 3.88 | 02/15/27 | 298,000 | 294,852 | ||||||||||
| Starwood Property Trust, Inc.(1) | 4.38 | 01/15/27 | 212,000 | 210,245 | ||||||||||
| 1,366,277 | ||||||||||||||
| RETAIL – 0.2% | ||||||||||||||
| Academy Ltd.(1) | 6.00 | 11/15/27 | 291,000 | 292,687 | ||||||||||
| Bath & Body Works, Inc. | 6.69 | 01/15/27 | 161,000 | 164,480 | ||||||||||
| 457,167 | ||||||||||||||
| TOTAL CORPORATE BONDS (Cost - $22,912,029) | 23,277,258 | |||||||||||||
| MUNICIPAL BONDS – 75.4% | ||||||||||||||
| ALABAMA – 4.0% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 10/01/52 | 1,125,000 | 1,132,871 | ||||||||||
| Black Belt Energy Gas District, Series A-1, Revenue Bonds | 4.00 | 10/01/49 | 750,000 | 756,626 | ||||||||||
| Black Belt Energy Gas District, Series B, Revenue Bonds | 4.00 | 04/01/53 | 1,000,000 | 1,015,963 | ||||||||||
| Black Belt Energy Gas District, Series C, Revenue Bonds | 5.00 | 05/01/55 | 1,000,000 | 1,086,765 | ||||||||||
| Black Belt Energy Gas District, Series C, Revenue Bonds | 5.25 | 02/01/53 | 1,000,000 | 1,066,433 | ||||||||||
| Industrial Development Board of the City of Mobile Alabama, Revenue Bonds | 3.30 | 07/15/34 | 1,000,000 | 1,000,509 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A, Revenue Bonds | 5.25 | 01/01/54 | 655,000 | 695,812 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A-1, Revenue Bonds | 5.50 | 01/01/53 | 850,000 | 921,528 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series B, Revenue Bonds | 4.00 | 06/01/29 | 700,000 | 711,253 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series B, Revenue Bonds | 5.00 | 01/01/54 | 830,000 | 885,332 | ||||||||||
| 9,273,092 | ||||||||||||||
| ARIZONA – 2.0% | ||||||||||||||
| Arizona Board of Regents, Series B, Revenue Bonds | 5.00 | 07/01/33 | 880,000 | 911,507 | ||||||||||
| Industrial Development Authority of the City of Phoenix Arizona, Revenue Bonds | 3.10 | 02/01/59 | 3,600,000 | 3,606,467 | ||||||||||
| 4,517,974 | ||||||||||||||
| ARKANSAS – 0.2% | ||||||||||||||
| Springdale Public Facilities Board, Revenue Bonds | 5.00 | 03/01/32 | 350,000 | 355,996 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| COLORADO – 2.0% | ||||||||||||||
| Colorado Health Facilities Authority, Revenue Bonds | 5.00 | 11/15/60 | $ | 660,000 | $ | 722,111 | ||||||||
| Colorado Health Facilities Authority, Series A, Revenue Bonds | 5.00 | 08/01/27 | 1,010,000 | 1,042,520 | ||||||||||
| Colorado Health Facilities Authority, Series A, Revenue Bonds | 5.00 | 09/01/29 | 2,000,000 | 2,145,008 | ||||||||||
| Park Creek Metropolitan District, Revenue Bonds | 5.00 | 12/01/31 | 710,000 | 711,143 | ||||||||||
| 4,620,782 | ||||||||||||||
| CONNECTICUT – 0.6% | ||||||||||||||
| State of Connecticut Special Tax Revenue, Series A, Revenue Bonds | 5.00 | 09/01/30 | 1,315,000 | 1,340,179 | ||||||||||
| DISTRICT OF COLUMBIA – 0.4% | ||||||||||||||
| District of Columbia Housing Finance Agency, Revenue Bonds | 5.00 | 03/01/28 | 975,000 | 1,016,163 | ||||||||||
| FLORIDA – 3.8% | ||||||||||||||
| City of Orlando Tourist Development Tax Revenue, Revenue Bonds | 5.00 | 11/01/33 | 1,400,000 | 1,453,758 | ||||||||||
| County of Okeechobee, Revenue Bonds | 3.80 | 07/01/39 | 550,000 | 552,820 | ||||||||||
| Hillsborough County School Board, Certificate Participation | 5.00 | 07/01/27 | 365,000 | 377,843 | ||||||||||
| JEA Electric System Revenue, Series B, Revenue Bonds | 5.00 | 10/01/30 | 900,000 | 936,518 | ||||||||||
| Lee County School Board, Series A, Certificate Participation | 5.00 | 08/01/32 | 1,575,000 | 1,597,886 | ||||||||||
| State of Florida Department of Transportation Turnpike System Revenue, Series A, Revenue Bonds | 5.00 | 07/01/32 | 1,000,000 | 1,063,895 | ||||||||||
| State of Florida Department of Transportation Turnpike System Revenue, Series C, Revenue Bonds | 5.00 | 07/01/28 | 1,860,000 | 1,883,176 | ||||||||||
| Volusia County School Board, Series A, Certificate Participation | 5.00 | 08/01/29 | 1,000,000 | 1,005,173 | ||||||||||
| 8,871,069 | ||||||||||||||
| GEORGIA – 2.9% | ||||||||||||||
| Clarke County Hospital Authority, Revenue Bonds | 5.00 | 07/01/30 | 1,245,000 | 1,260,977 | ||||||||||
| Decatur Housing Authority, Revenue Bonds | 3.25 | 09/01/28 | 1,000,000 | 1,003,864 | ||||||||||
| Development Authority of Burke County, Revenue Bonds | 3.70 | 10/01/32 | 685,000 | 694,443 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 07/01/52 | 290,000 | 294,165 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 09/01/52 | 2,300,000 | 2,365,188 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 5.00 | 06/01/53 | 500,000 | 530,288 | ||||||||||
| Main Street Natural Gas, Inc., Series C, Revenue Bonds | 4.00 | 03/01/50 | 1,000,000 | 1,008,700 | ||||||||||
| 7,157,625 | ||||||||||||||
| ILLINOIS – 8.9% | ||||||||||||||
| Chicago O’Hare International Airport, Series C, Revenue Bonds | 5.00 | 01/01/31 | 2,400,000 | 2,408,022 | ||||||||||
| City of Chicago Wastewater Transmission Revenue, Series A, Revenue Bonds | ZCP | 01/01/26 | 1,000,000 | 994,459 | ||||||||||
| City of Chicago Wastewater Transmission Revenue, Series A, Revenue Bonds | 5.00 | 01/01/33 | 1,100,000 | 1,124,346 | ||||||||||
| City of Chicago Waterworks Revenue, Revenue Bonds | 5.00 | 11/01/28 | 725,000 | 752,970 | ||||||||||
| City of Chicago Waterworks Revenue, Revenue Bonds | 5.00 | 11/01/33 | 625,000 | 646,911 | ||||||||||
| City of Chicago Waterworks Revenue, Series A-1, Revenue Bonds | 5.00 | 11/01/30 | 325,000 | 331,530 | ||||||||||
| City of Mount Vernon, General Obligation | 4.00 | 12/15/27 | 905,000 | 922,270 | ||||||||||
| Cook County School District No. 171 Sunnybrook, General Obligation | 5.00 | 12/01/27 | 465,000 | 484,428 | ||||||||||
| Cook County School District No. 25 Arlington Heights, General Obligation | 5.00 | 12/15/26 | 330,000 | 338,344 | ||||||||||
| County of Cook Sales Tax Revenue, Series B, Revenue Bonds | 5.00 | 11/15/25 | 925,000 | 925,637 | ||||||||||
| County of Cook, Series A, General Obligation | 5.00 | 11/15/30 | 800,000 | 814,095 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 4.00 | 12/01/31 | 610,000 | 612,348 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 5.00 | 04/01/26 | 300,000 | 301,985 | ||||||||||
| Illinois Finance Authority, Revenue Bonds | 5.00 | 04/01/27 | 305,000 | 312,010 | ||||||||||
| Illinois Finance Authority, Series A, Revenue Bonds | 5.00 | 05/15/32 | 460,000 | 482,906 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ILLINOIS – 8.9% (Continued) | ||||||||||||||
| Illinois Housing Development Authority, Revenue Bonds | 5.00 | 10/01/27 | $ | 700,000 | $ | 710,695 | ||||||||
| Lee County Community Unit School District No. 272, General Obligation | 4.00 | 01/01/33 | 765,000 | 779,951 | ||||||||||
| Macon County School District No. 61 Decatur, Series C, General Obligation | 4.00 | 01/01/29 | 710,000 | 719,197 | ||||||||||
| Madison County Community Unit School District No. 7 Edwardsville, Series C, Revenue Bonds | 5.00 | 12/01/26 | 290,000 | 296,014 | ||||||||||
| Madison-Macoupin Etc. Counties Community College District No. 536, General Obligation | 4.00 | 05/01/29 | 1,000,000 | 1,014,075 | ||||||||||
| Metropolitan Water Reclamation District of Greater Chicago, Series A, General Obligation | 5.00 | 12/01/29 | 180,000 | 183,964 | ||||||||||
| Northern Illinois Municipal Power Agency, Series A, Revenue Bonds | 5.00 | 12/01/30 | 430,000 | 437,754 | ||||||||||
| Peoria & Fulton Counties Community Unit School District No. 327, Series A, General Obligation | 5.00 | 12/01/27 | 435,000 | 450,324 | ||||||||||
| Peoria Public Building Commission, Series A, Revenue Bonds | 4.00 | 12/01/26 | 350,000 | 353,020 | ||||||||||
| Sales Tax Securitization Corp., Revenue Bonds | 5.00 | 01/01/34 | 1,450,000 | 1,557,935 | ||||||||||
| Sales Tax Securitization Corp., Series C, Revenue Bonds | 5.50 | 01/01/33 | 1,000,000 | 1,075,438 | ||||||||||
| State of Illinois, Series D, General Obligation | 5.00 | 11/01/26 | 1,200,000 | 1,224,347 | ||||||||||
| Village of Mundelein, General Obligation | 4.00 | 12/15/33 | 460,000 | 471,527 | ||||||||||
| 20,726,502 | ||||||||||||||
| INDIANA – 3.4% | ||||||||||||||
| Carmel Local Public Improvement Bond Bank, Revenue Bonds | 5.00 | 06/01/28 | 345,000 | 349,560 | ||||||||||
| County of St Joseph, Series A, Revenue Bonds | 5.00 | 04/01/26 | 1,180,000 | 1,188,292 | ||||||||||
| Indiana Finance Authority, Revenue Bonds | 5.00 | 10/01/64 | 2,950,000 | 3,180,283 | ||||||||||
| Indiana Finance Authority, Series A, Revenue Bonds | 5.00 | 07/01/28 | 520,000 | 538,514 | ||||||||||
| Indiana Finance Authority, Series B, Revenue Bonds | 5.00 | 10/01/60 | 1,725,000 | 1,871,863 | ||||||||||
| South Bend Redevelopment Authority, Revenue Bonds | 5.00 | 08/01/28 | 610,000 | 639,406 | ||||||||||
| 7,767,918 | ||||||||||||||
| IOWA – 0.8% | ||||||||||||||
| Ankeny Community School District Infrastructure Sales Services & Use Tax, Series A, Revenue Bonds | 5.00 | 06/01/29 | 840,000 | 885,833 | ||||||||||
| Iowa Finance Authority, Series E, Revenue Bonds | 5.00 | 08/15/26 | 350,000 | 351,634 | ||||||||||
| PEFA, Inc., Revenue Bonds | 5.00 | 09/01/49 | 550,000 | 557,651 | ||||||||||
| 1,795,118 | ||||||||||||||
| KENTUCKY – 0.6% | ||||||||||||||
| Kentucky Public Energy Authority, Series C, Revenue Bonds | 4.00 | 02/01/50 | 310,000 | 315,311 | ||||||||||
| Louisville/Jefferson County Metropolitan Government, Revenue Bonds | 5.00 | 10/01/29 | 1,105,000 | 1,123,937 | ||||||||||
| 1,439,248 | ||||||||||||||
| LOUISIANA – 0.5% | ||||||||||||||
| Louisiana Housing Corp., Series B, Revenue Bonds | 3.75 | 02/01/28 | 540,000 | 544,547 | ||||||||||
| Parish of St John the Baptist, Revenue Bonds | 3.30 | 06/01/37 | 730,000 | 739,180 | ||||||||||
| 1,283,727 | ||||||||||||||
| MAINE – 0.7% | ||||||||||||||
| Maine State Housing Authority, Series D, Revenue Bonds | 3.15 | 11/15/31 | 1,565,000 | 1,560,564 | ||||||||||
| MARYLAND – 0.9% | ||||||||||||||
| County of Baltimore, General Obligation | 5.00 | 03/01/32 | 1,575,000 | 1,660,672 | ||||||||||
| Maryland Health & Higher Educational Facilities Authority, Revenue Bonds | 5.25 | 06/01/28 | 500,000 | 516,931 | ||||||||||
| 2,177,603 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MICHIGAN – 2.8% | ||||||||||||||
| Great Lakes Water Authority Sewage Disposal System Revenue, Series C, Revenue Bonds | 4.00 | 07/01/34 | $ | 1,100,000 | $ | 1,106,480 | ||||||||
| Kalamazoo Hospital Finance Authority, Revenue Bonds | 4.00 | 05/15/31 | 360,000 | 361,318 | ||||||||||
| Lansing School District, Series I, General Obligation | 5.00 | 05/01/31 | 1,500,000 | 1,512,509 | ||||||||||
| Michigan Finance Authority, Revenue Bonds | 5.00 | 11/15/25 | 1,205,000 | 1,205,851 | ||||||||||
| Michigan Finance Authority, Revenue Bonds | 5.00 | 11/15/26 | 260,000 | 265,968 | ||||||||||
| Michigan State Building Authority, Series I, Revenue Bonds | 5.00 | 10/15/32 | 1,000,000 | 1,021,645 | ||||||||||
| Michigan State Housing Development Authority, Series D, Revenue Bonds | 3.05 | 06/01/26 | 965,000 | 961,848 | ||||||||||
| 6,435,619 | ||||||||||||||
| MINNESOTA – 1.2% | ||||||||||||||
| City of Minneapolis, Series A, Revenue Bonds | 5.00 | 11/15/52 | 670,000 | 703,766 | ||||||||||
| Minneapolis Special School District No. 1, Series A, General Obligation | 5.00 | 02/01/31 | 1,370,000 | 1,411,297 | ||||||||||
| Minnesota Municipal Gas Agency, Series A, Revenue Bonds | 4.00 | 12/01/52 | 700,000 | 711,415 | ||||||||||
| 2,826,478 | ||||||||||||||
| MISSISSIPPI – 0.2% | ||||||||||||||
| Mississippi Development Bank, Revenue Bonds | 5.00 | 04/01/26 | 505,000 | 508,922 | ||||||||||
| MISSOURI – 1.7% | ||||||||||||||
| Jackson County Consolidated School District No. 4, General Obligation | 4.00 | 03/01/31 | 1,955,000 | 1,981,047 | ||||||||||
| Kansas City School District, Certificate Participation | 5.00 | 04/01/30 | 835,000 | 840,964 | ||||||||||
| St Charles County Public Water Supply District No. 2, Certificate Participation | 5.00 | 12/01/32 | 805,000 | 805,894 | ||||||||||
| 3,627,905 | ||||||||||||||
| NEBRASKA – 0.5% | ||||||||||||||
| Central Plains Energy Project, Series A, Revenue Bonds | 5.00 | 09/01/29 | 1,000,000 | 1,049,941 | ||||||||||
| NEVADA – 0.4% | ||||||||||||||
| Las Vegas Valley Water District, Series A, General Obligation | 5.00 | 06/01/32 | 235,000 | 237,944 | ||||||||||
| Nevada Housing Division, Revenue Bonds | 5.00 | 07/01/28 | 605,000 | 623,997 | ||||||||||
| 861,941 | ||||||||||||||
| NEW JERSEY – 2.1% | ||||||||||||||
| New Jersey Housing & Mortgage Finance Agency, Series B, Revenue Bonds | 3.05 | 11/01/29 | 1,200,000 | 1,206,917 | ||||||||||
| New Jersey Housing & Mortgage Finance Agency, Series B, Revenue Bonds | 3.50 | 05/01/29 | 635,000 | 643,151 | ||||||||||
| New Jersey Housing & Mortgage Finance Agency, Series K, Revenue Bonds | 3.60 | 10/01/27 | 710,000 | 716,235 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Revenue Bonds | 5.00 | 06/15/27 | 970,000 | 982,459 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Revenue Bonds | 5.00 | 06/15/30 | 1,175,000 | 1,189,992 | ||||||||||
| New Jersey Transportation Trust Fund Authority, Series AA, Revenue Bonds | 5.00 | 06/15/26 | 300,000 | 303,927 | ||||||||||
| 5,042,681 | ||||||||||||||
| NEW YORK – 6.0% | ||||||||||||||
| City of New York, Series E, General Obligation | 5.00 | 08/01/28 | 935,000 | 948,933 | ||||||||||
| Metropolitan Transportation Authority, Series C, Revenue Bonds | 5.00 | 11/15/30 | 330,000 | 337,254 | ||||||||||
| Metropolitan Transportation Authority, Series D, Revenue Bonds | 5.00 | 11/15/31 | 1,130,000 | 1,154,532 | ||||||||||
| Metropolitan Transportation Authority, Series D, Revenue Bonds | 5.00 | 11/15/32 | 510,000 | 536,599 | ||||||||||
| New York City Housing Development Corp., Revenue Bonds | 3.63 | 11/01/63 | 1,000,000 | 1,008,510 | ||||||||||
| New York City Housing Development Corp., Revenue Bonds | 4.30 | 11/01/63 | 800,000 | 815,881 | ||||||||||
| New York City Housing Development Corp., Series B, Revenue Bonds | 3.70 | 05/01/64 | 500,000 | 506,005 | ||||||||||
| New York City Transitional Finance Authority Building Aid Revenue, Series S, Revenue Bonds | 5.00 | 07/15/34 | 3,500,000 | 3,621,444 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| NEW YORK – 6.0% (Continued) | ||||||||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds | 4.00 | 05/01/31 | $ | 1,100,000 | $ | 1,105,262 | ||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Revenue Bonds | 5.00 | 11/01/31 | 1,670,000 | 1,723,406 | ||||||||||
| New York State Dormitory Authority, Revenue Bonds | 5.00 | 07/01/32 | 745,000 | 756,922 | ||||||||||
| New York State Dormitory Authority, Series A, Revenue Bonds | 5.00 | 03/15/32 | 355,000 | 361,736 | ||||||||||
| New York State Housing Finance Agency, Series D, Revenue Bonds | 3.38 | 05/01/65 | 1,000,000 | 997,039 | ||||||||||
| 13,873,523 | ||||||||||||||
| NORTH CAROLINA – 1.0% | ||||||||||||||
| North Carolina Housing Finance Agency, Revenue Bonds | 3.20 | 07/01/56 | 1,275,000 | 1,274,469 | ||||||||||
| North Carolina Housing Finance Agency, Series A, Revenue Bonds | 3.15 | 01/01/31 | 1,000,000 | 1,000,105 | ||||||||||
| 2,274,574 | ||||||||||||||
| OHIO – 0.4% | ||||||||||||||
| Lancaster Port Authority, Series A, Revenue Bonds | 5.00 | 02/01/55 | 820,000 | 878,353 | ||||||||||
| OKLAHOMA – 2.2% | ||||||||||||||
| Coweta Public Works Authority, Series A, Revenue Bonds | 4.00 | 08/01/27 | 505,000 | 507,606 | ||||||||||
| Dewey County Educational Facilities Authority, Revenue Bonds | 5.00 | 09/01/30 | 680,000 | 690,141 | ||||||||||
| Oklahoma Capitol Improvement Authority, Revenue Bonds | 5.00 | 07/01/30 | 750,000 | 758,064 | ||||||||||
| Oklahoma Housing Finance Agency, Revenue Bonds | 3.00 | 10/01/47 | 1,500,000 | 1,497,513 | ||||||||||
| University of Oklahoma, Series A, Revenue Bonds | 5.00 | 07/01/29 | 1,850,000 | 1,874,270 | ||||||||||
| 5,327,594 | ||||||||||||||
| PENNSYLVANIA – 2.5% | ||||||||||||||
| City of Scranton, General Obligation | 5.00 | 09/01/29 | 515,000 | 528,623 | ||||||||||
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Series A, Revenue Bonds | 5.00 | 12/01/32 | 320,000 | 327,883 | ||||||||||
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Series B, Revenue Bonds | 5.00 | 12/01/28 | 500,000 | 512,210 | ||||||||||
| Pennsylvania Turnpike Commission, Revenue Bonds | 5.00 | 12/01/31 | 225,000 | 235,446 | ||||||||||
| Pennsylvania Turnpike Commission, Series B, Revenue Bonds | 5.00 | 06/01/29 | 1,175,000 | 1,190,903 | ||||||||||
| Pennsylvania Turnpike Commission, Series B, Revenue Bonds | 5.00 | 06/01/33 | 935,000 | 968,552 | ||||||||||
| Philadelphia Gas Works Co., Revenue Bonds | 5.00 | 10/01/30 | 325,000 | 330,540 | ||||||||||
| Scranton-Lackawanna Health & Welfare Authority, Revenue Bonds | 5.00 | 11/01/29 | 900,000 | 907,942 | ||||||||||
| Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series B, Revenue Bonds | 4.00 | 02/01/26 | 1,100,000 | 1,102,904 | ||||||||||
| 6,105,003 | ||||||||||||||
| RHODE ISLAND – 1.5% | ||||||||||||||
| Rhode Island Commerce Corp., Revenue Bonds | 5.00 | 07/01/31 | 445,000 | 449,115 | ||||||||||
| Rhode Island Commerce Corp., Series B, Revenue Bonds | 5.00 | 06/15/31 | 3,030,000 | 3,064,140 | ||||||||||
| 3,513,255 | ||||||||||||||
| SOUTH CAROLINA – 1.2% | ||||||||||||||
| Dillon County School Facilities Corp., Certificate Participation | 5.00 | 12/01/30 | 300,000 | 324,586 | ||||||||||
| South Carolina Jobs-Economic Development Authority, Revenue Bonds | 5.00 | 05/01/33 | 900,000 | 942,952 | ||||||||||
| South Carolina Jobs-Economic Development Authority, Revenue Bonds | 5.00 | 11/01/55 | 1,565,000 | 1,711,704 | ||||||||||
| 2,979,242 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TENNESSEE – 1.4% | ||||||||||||||
| Chattanooga Health Educational & Housing Facility Board, Revenue Bonds | 3.80 | 12/01/29 | $ | 1,000,000 | $ | 1,008,446 | ||||||||
| Tennergy Corp., Series A, Revenue Bonds | 5.00 | 10/01/54 | 1,100,000 | 1,174,080 | ||||||||||
| Tennessee Energy Acquisition Corp., Series A-1, Revenue Bonds | 5.00 | 05/01/53 | 1,000,000 | 1,036,482 | ||||||||||
| 3,219,008 | ||||||||||||||
| TEXAS – 10.8% | ||||||||||||||
| Brushy Creek Regional Utility Authority, Inc., Revenue Bonds | 4.00 | 08/01/31 | 650,000 | 654,134 | ||||||||||
| City of Dallas Hotel Occupancy Tax Revenue, Revenue Bonds | 4.00 | 08/15/28 | 550,000 | 552,884 | ||||||||||
| City of Dallas Housing Finance Corp., Revenue Bonds | 5.00 | 08/01/27 | 600,000 | 607,641 | ||||||||||
| City of El Paso, General Obligation | 4.00 | 08/15/31 | 370,000 | 372,726 | ||||||||||
| City of Houston Airport System Revenue, Series D, Revenue Bonds | 5.00 | 07/01/31 | 2,000,000 | 2,114,914 | ||||||||||
| City of San Antonio Electric & Gas Systems Revenue, Revenue Bonds | 5.00 | 02/01/32 | 1,475,000 | 1,482,448 | ||||||||||
| City of San Marcos, General Obligation | 5.00 | 08/15/35 | 1,050,000 | 1,084,453 | ||||||||||
| Dallas Independent School District, Series A, General Obligation | 5.00 | 02/15/55 | 1,300,000 | 1,389,280 | ||||||||||
| Denton Independent School District, Series B, General Obligation | 4.00 | 08/15/55 | 2,255,000 | 2,387,203 | ||||||||||
| Harris County Cultural Education Facilities Finance Corp., Revenue Bonds | 5.00 | 07/01/49 | 425,000 | 434,132 | ||||||||||
| Harris County Municipal Utility District No. 165, General Obligation | 4.00 | 03/01/32 | 3,000,000 | 3,052,453 | ||||||||||
| Hays Consolidated Independent School District, General Obligation | 4.00 | 02/15/34 | 1,300,000 | 1,339,266 | ||||||||||
| Legacy Denton Public Facility Corp., Revenue Bonds | 3.15 | 11/01/43 | 1,300,000 | 1,298,947 | ||||||||||
| Lower Colorado River Authority, Revenue Bonds | 5.00 | 05/15/33 | 930,000 | 978,323 | ||||||||||
| New Braunfels Independent School District, General Obligation | 4.00 | 02/01/34 | 1,000,000 | 1,019,048 | ||||||||||
| North East Independent School District, General Obligation | 3.75 | 08/01/49 | 1,065,000 | 1,077,615 | ||||||||||
| Northside Independent School District, General Obligation | 3.55 | 06/01/50 | 985,000 | 994,273 | ||||||||||
| Northside Independent School District, General Obligation | 4.00 | 08/01/32 | 500,000 | 503,071 | ||||||||||
| State of Texas, General Obligation | 5.00 | 10/01/29 | 650,000 | 650,237 | ||||||||||
| Texas Department of Housing & Community Affairs, Series B, Revenue Bonds | 3.88 | 01/01/30 | 450,000 | 459,162 | ||||||||||
| Texas Municipal Gas Acquisition & Supply Corp. V, Revenue Bonds | 5.00 | 01/01/28 | 1,350,000 | 1,397,167 | ||||||||||
| Willis Independent School District, General Obligation | 4.00 | 02/15/31 | 1,220,000 | 1,223,745 | ||||||||||
| 25,073,122 | ||||||||||||||
| UTAH – 0.2% | ||||||||||||||
| Utah Associated Municipal Power Systems, Series A, Revenue Bonds | 5.00 | 09/01/32 | 500,000 | 518,522 | ||||||||||
| VIRGINIA – 0.2% | ||||||||||||||
| Louisa Industrial Development Authority, Revenue Bonds | 3.80 | 11/01/35 | 550,000 | 556,410 | ||||||||||
| WASHINGTON – 4.1% | ||||||||||||||
| Auburn School District No. 408 of King & Pierce Counties, General Obligation | 4.00 | 12/01/30 | 1,440,000 | 1,448,157 | ||||||||||
| City of Tacoma Solid Waste Utility Revenue, Series A, Revenue Bonds | 5.00 | 12/01/31 | 1,050,000 | 1,061,340 | ||||||||||
| King County School District No. 411 Issaquah, General Obligation | 4.00 | 12/01/31 | 2,830,000 | 2,848,820 | ||||||||||
| Pend Oreille County Public Utility District No. 1 Box Canyon, Revenue Bonds | 5.00 | 01/01/33 | 970,000 | 1,007,747 | ||||||||||
| Port of Tacoma, Series A, General Obligation | 5.00 | 12/01/27 | 605,000 | 618,583 | ||||||||||
| Snohomish County School District No. 103 Monroe, General Obligation | 4.00 | 12/01/33 | 1,000,000 | 1,010,696 | ||||||||||
| State of Washington, Series D, General Obligation | 5.00 | 02/01/33 | 675,000 | 693,805 | ||||||||||
| Washington Higher Education Facilities Authority, Revenue Bonds | 4.00 | 05/01/33 | 400,000 | 403,439 | ||||||||||
| Washington Higher Education Facilities Authority, Revenue Bonds | 5.00 | 05/01/31 | 500,000 | 514,710 | ||||||||||
| 9,607,297 | ||||||||||||||
| WEST VIRGINIA – 0.5% | ||||||||||||||
| West Virginia Housing Development Fund, Series A, Revenue Bonds | 3.25 | 11/01/27 | 1,100,000 | 1,105,398 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| WISCONSIN – 2.8% | ||||||||||||||
| Public Finance Authority, Revenue Bonds | 5.00 | 06/01/26 | $ | 330,000 | $ | 333,715 | ||||||||
| State of Wisconsin, General Obligation | 5.00 | 05/01/28 | 1,950,000 | 2,067,727 | ||||||||||
| Wisconsin Health & Educational Facilities Authority, Revenue Bonds | 5.00 | 10/01/29 | 600,000 | 611,260 | ||||||||||
| Wisconsin Housing & Economic Development Authority Housing Revenue, Series B, Revenue Bonds | 3.10 | 11/01/56 | 1,600,000 | 1,596,686 | ||||||||||
| Wisconsin Housing & Economic Development Authority, Revenue Bonds | 5.00 | 08/01/58 | 1,100,000 | 1,113,277 | ||||||||||
| Wisconsin Housing & Economic Development Authority, Series I, Revenue Bonds | 5.00 | 11/01/58 | 600,000 | 613,914 | ||||||||||
| 6,336,579 | ||||||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $174,688,641) | 175,624,927 | |||||||||||||
| SHORT-TERM INVESTMENTS – 0.9% | ||||||||||||||
| TIME DEPOSITS – 0.9% | ||||||||||||||
| Sumitomo, Tokyo | 3.21 | 11/03/25 | 2,167,953 | 2,167,953 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $2,167,953) | 2,167,953 | |||||||||||||
| TOTAL INVESTMENTS – 99.3% (Cost - $229,743,179) | $ | 231,230,554 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 0.7% | 1,671,337 | |||||||||||||
| NET ASSETS – 100.0% | $ | 232,901,891 | ||||||||||||
| SOFR | Secured Overnight Financing Rate. |
| ZCP | Indicates a zero coupon rate. |
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $37,738,903 and represents 16.2% 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 October 31, 2025. |
| (3) | 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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 1.1% | ||||||||||||||
| OTHER ABS – 1.1% | ||||||||||||||
| DB Master Finance LLC 2021-1A Class A2II(1) | 2.49 | 11/20/51 | $ | 48,125 | $ | 45,369 | ||||||||
| MMAF Equipment Finance LLC 2023-A Class A2(1) | 5.79 | 11/13/26 | 6,899 | 6,910 | ||||||||||
| Subway Funding LLC 2024-1A Class A2II(1) | 6.27 | 07/30/54 | 59,400 | 60,810 | ||||||||||
| Wendy’s Funding LLC 2018-1A Class A2II(1) | 3.88 | 03/15/48 | 64,558 | 63,706 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $174,276) | 176,795 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 4.3% | ||||||||||||||
| COMMERCIAL – 3.4% | ||||||||||||||
| BANK 2017-BNK6 Class A5 | 3.52 | 07/15/60 | 99,000 | 97,673 | ||||||||||
| BANK 2017-BNK9 Class A3 | 3.28 | 11/15/54 | 21,266 | 20,838 | ||||||||||
| BANK5 2023-5YR1 Class A3 | 6.26 | 04/15/56 | 65,000 | 67,469 | ||||||||||
| BANK5 2023-5YR2 Class A3 | 6.66 | 07/15/56 | 70,000 | 73,720 | ||||||||||
| Benchmark Mortgage Trust 2024-V5 Class A3 | 5.81 | 01/10/57 | 35,000 | 36,432 | ||||||||||
| COMM Mortgage Trust 2016-DC2 Class A5 | 3.77 | 02/10/49 | 45,553 | 45,439 | ||||||||||
| GS Mortgage Securities Corp. Trust 2023-SHIP Class A(1) | 4.32 | 09/10/38 | 100,000 | 99,727 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2016-NXS6 Class A4 | 2.92 | 11/15/49 | 50,000 | 49,361 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2017-C38 Class A5 | 3.45 | 07/15/50 | 50,000 | 49,224 | ||||||||||
| 539,883 | ||||||||||||||
| WHOLE LOAN COLLATERAL – 0.9% | ||||||||||||||
| JP Morgan Mortgage Trust 2021-4 Class A4(1) | 2.50 | 08/25/51 | 20,415 | 18,564 | ||||||||||
| JP Morgan Mortgage Trust 2021-7 Class A6(1) | 2.50 | 11/25/51 | 26,068 | 24,483 | ||||||||||
| Radian Mortgage Capital Trust 2025-J1 Class A16(1) | 5.50 | 07/25/55 | 88,108 | 89,016 | ||||||||||
| 132,063 | ||||||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $665,815) | 671,946 | |||||||||||||
| CORPORATE BONDS – 5.6% | ||||||||||||||
| AUTO MANUFACTURERS – 0.2% | ||||||||||||||
| General Motors Financial Co., Inc. | 5.05 | 04/04/28 | 32,000 | 32,551 | ||||||||||
| BANKS – 1.6% | ||||||||||||||
| Bank of America Corp.(2) | 4.38 | - | 20,000 | 19,700 | ||||||||||
| Bank of New York Mellon Corp.(2) | 3.75 | - | 25,000 | 24,530 | ||||||||||
| Citigroup, Inc.(2) | 4.00 | - | 20,000 | 19,988 | ||||||||||
| JP Morgan Chase & Co. | 1.58 | 04/22/27 | 41,000 | 40,501 | ||||||||||
| Northern Trust Corp.(2) | 4.60 | - | 32,000 | 31,910 | ||||||||||
| PNC Financial Services Group, Inc.(2) | 6.00 | - | 32,000 | 32,299 | ||||||||||
| Truist Financial Corp.(2) | 5.10 | - | 25,000 | 25,106 | ||||||||||
| US Bancorp(2) | 3.70 | - | 42,000 | 40,842 | ||||||||||
| Wells Fargo & Co.(2) | 3.90 | - | 24,000 | 23,857 | ||||||||||
| 258,733 | ||||||||||||||
| BUILDING MATERIALS – 0.2% | ||||||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 26,000 | 25,096 | ||||||||||
| COMMERCIAL SERVICES – 0.4% | ||||||||||||||
| Element Fleet Management Corp.(1) | 5.64 | 03/13/27 | 31,000 | 31,578 | ||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 33,000 | 32,554 | ||||||||||
| 64,132 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.8% | ||||||||||||||
| American Express Co.(2) | 3.55 | - | $ | 33,000 | $ | 32,424 | ||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 23,000 | 23,530 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 24,000 | 24,443 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 24,000 | 23,489 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 23,000 | 23,864 | ||||||||||
| 127,750 | ||||||||||||||
| HEALTHCARE-SERVICES – 0.2% | ||||||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 25,000 | 24,865 | ||||||||||
| INSURANCE – 0.4% | ||||||||||||||
| Athene Global Funding(1) | 1.73 | 10/02/26 | 33,000 | 32,279 | ||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 33,000 | 32,432 | ||||||||||
| 64,711 | ||||||||||||||
| INTERNET – 0.1% | ||||||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | 14,000 | 14,512 | ||||||||||
| INVESTMENT COMPANIES – 0.8% | ||||||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 32,000 | 31,744 | ||||||||||
| Golub Capital BDC, Inc. | 2.05 | 02/15/27 | 34,000 | 32,813 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 31,000 | 32,245 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 31,000 | 32,165 | ||||||||||
| 128,967 | ||||||||||||||
| PRIVATE EQUITY – 0.2% | ||||||||||||||
| Hercules Capital, Inc. | 2.63 | 09/16/26 | 33,000 | 32,409 | ||||||||||
| REAL ESTATE INVESTMENT TRUSTS (REITS) – 0.6% | ||||||||||||||
| Boston Properties LP | 2.75 | 10/01/26 | 33,000 | 32,561 | ||||||||||
| EPR Properties | 4.75 | 12/15/26 | 32,000 | 32,127 | ||||||||||
| VICI Properties LP/VICI Note Co., Inc.(1) | 4.13 | 08/15/30 | 34,000 | 32,893 | ||||||||||
| 97,581 | ||||||||||||||
| RETAIL – 0.1% | ||||||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 8,000 | 8,008 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $867,093) | 879,315 | |||||||||||||
| MUNICIPAL BONDS – 86.5% | ||||||||||||||
| ALABAMA – 5.6% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 06/01/51 | 145,000 | 149,885 | ||||||||||
| Black Belt Energy Gas District, Series D, Revenue Bonds | 5.50 | 06/01/49 | 225,000 | 238,873 | ||||||||||
| Energy Southeast A Cooperative District, Series B, Revenue Bonds | 5.25 | 07/01/54 | 120,000 | 131,850 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A, Revenue Bonds | 5.00 | 01/01/56 | 200,000 | 214,271 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series C, Revenue Bonds | 5.00 | 05/01/55 | 125,000 | 134,612 | ||||||||||
| 869,491 | ||||||||||||||
| ARIZONA – 5.1% | ||||||||||||||
| City of Mesa Utility System Revenue, Revenue Bonds | 4.50 | 07/01/49 | 295,000 | 296,081 | ||||||||||
| Glendale Industrial Development Authority, Revenue Bonds | 5.00 | 05/15/40 | 320,000 | 352,125 | ||||||||||
| Salt River Project Agricultural Improvement & Power District, Series A, Revenue Bonds | 5.00 | 01/01/49 | 150,000 | 159,306 | ||||||||||
| 807,512 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ARKANSAS – 1.6% | ||||||||||||||
| City of Rogers Sales & Use Tax Revenue, Revenue Bonds | 4.00 | 11/01/32 | $ | 250,000 | $ | 252,338 | ||||||||
| CALIFORNIA – 1.6% | ||||||||||||||
| California Community Choice Financing Authority, Revenue Bonds | 5.00 | 02/01/54 | 100,000 | 108,011 | ||||||||||
| California Community Choice Financing Authority, Series F, Revenue Bonds | 5.00 | 02/01/55 | 125,000 | 136,726 | ||||||||||
| 244,737 | ||||||||||||||
| DISTRICT OF COLUMBIA – 2.3% | ||||||||||||||
| District of Columbia, Revenue Bonds | 5.00 | 04/01/30 | 165,000 | 169,513 | ||||||||||
| District of Columbia, Series A, General Obligation | 5.00 | 08/01/49 | 175,000 | 184,347 | ||||||||||
| 353,860 | ||||||||||||||
| FLORIDA – 6.5% | ||||||||||||||
| County of Polk Utility System Revenue, Revenue Bonds | 5.00 | 10/01/54 | 250,000 | 262,803 | ||||||||||
| Manatee County School District, Certificate Participation | 5.00 | 07/01/44 | 135,000 | 144,184 | ||||||||||
| School Board of Miami-Dade County, Series A, General Obligation | 5.00 | 03/15/36 | 165,000 | 183,716 | ||||||||||
| School District of Broward County, Series A, Certificate Participation | 5.00 | 07/01/33 | 90,000 | 98,261 | ||||||||||
| School District of Broward County, Series B, Certificate Participation | 5.00 | 07/01/36 | 150,000 | 168,195 | ||||||||||
| Tampa Bay Water, Series A, Revenue Bonds | 5.25 | 10/01/54 | 150,000 | 160,548 | ||||||||||
| 1,017,707 | ||||||||||||||
| GEORGIA – 4.1% | ||||||||||||||
| City of Atlanta Department of Aviation, Series A-1, Revenue Bonds | 5.00 | 07/01/49 | 175,000 | 184,583 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 09/01/52 | 100,000 | 102,834 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 5.00 | 06/01/53 | 90,000 | 95,452 | ||||||||||
| Main Street Natural Gas, Inc., Series B, Revenue Bonds | 5.00 | 12/01/35 | 55,000 | 60,370 | ||||||||||
| Metropolitan Atlanta Rapid Transit Authority, Series A, Revenue Bonds | 5.00 | 07/01/55 | 185,000 | 195,983 | ||||||||||
| 639,222 | ||||||||||||||
| HAWAII – 2.1% | ||||||||||||||
| State of Hawaii, Series FW, General Obligation | 4.00 | 01/01/34 | 315,000 | 326,695 | ||||||||||
| ILLINOIS – 12.2% | ||||||||||||||
| City of Chicago Waterworks Revenue, Revenue Bonds | 5.00 | 11/01/37 | 305,000 | 313,158 | ||||||||||
| Cook County School District No. 25 Arlington Heights, General Obligation | 4.00 | 12/15/44 | 250,000 | 249,378 | ||||||||||
| Cook County School District No. 86 Harwood Heights, General Obligation | 5.00 | 12/01/44 | 185,000 | 193,504 | ||||||||||
| County of Cook Sales Tax Revenue, Revenue Bonds | 4.00 | 11/15/38 | 290,000 | 290,677 | ||||||||||
| Illinois Finance Authority, Series A, Revenue Bonds | 5.00 | 07/01/45 | 200,000 | 214,439 | ||||||||||
| Illinois Finance Authority, Series A, Revenue Bonds | 5.00 | 08/15/52 | 375,000 | 380,799 | ||||||||||
| Illinois State Toll Highway Authority, Series A, Revenue Bonds | 5.00 | 12/01/32 | 130,000 | 130,440 | ||||||||||
| Sales Tax Securitization Corp., Series C, Revenue Bonds | 5.50 | 01/01/36 | 150,000 | 159,697 | ||||||||||
| 1,932,092 | ||||||||||||||
| KENTUCKY – 1.3% | ||||||||||||||
| Kentucky Bond Development Corp., Revenue Bonds | 5.00 | 08/15/55 | 175,000 | 199,040 | ||||||||||
| LOUISIANA – 0.3% | ||||||||||||||
| Ernest N Morial New Orleans Exhibition Hall Authority, Special Tax | 5.00 | 07/15/35 | 40,000 | 46,280 | ||||||||||
| MASSACHUSETTS – 0.9% | ||||||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 12/01/32 | 140,000 | 142,802 | ||||||||||
| MICHIGAN – 0.9% | ||||||||||||||
| Michigan State University, Series A, Revenue Bonds | 5.00 | 08/15/37 | 120,000 | 134,060 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MISSOURI – 1.5% | ||||||||||||||
| Health & Educational Facilities Authority of the State of Missouri, Series C, Revenue Bonds | 5.00 | 04/01/59 | $ | 40,000 | $ | 45,998 | ||||||||
| Springfield School District No. R-12, General Obligation | 5.00 | 03/01/40 | 175,000 | 190,306 | ||||||||||
| 236,304 | ||||||||||||||
| NEW JERSEY – 2.0% | ||||||||||||||
| New Jersey Turnpike Authority, Series B, Revenue Bonds | 5.25 | 01/01/52 | 290,000 | 307,481 | ||||||||||
| NEW YORK – 7.2% | ||||||||||||||
| City of New York, Series A, General Obligation | 4.00 | 08/01/35 | 215,000 | 220,627 | ||||||||||
| Metropolitan Transportation Authority, Revenue Bonds | 5.00 | 11/15/36 | 200,000 | 227,584 | ||||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Series C, Revenue Bonds | 5.00 | 05/01/47 | 180,000 | 189,229 | ||||||||||
| New York City Transitional Finance Authority Future Tax Secured Revenue, Series D, Revenue Bonds | 5.00 | 05/01/50 | 305,000 | 318,450 | ||||||||||
| New York State Dormitory Authority, Series A, Revenue Bonds | 5.00 | 03/15/46 | 180,000 | 189,655 | ||||||||||
| 1,145,545 | ||||||||||||||
| NORTH CAROLINA – 2.1% | ||||||||||||||
| North Carolina Housing Finance Agency, Series A, Revenue Bonds | 3.15 | 01/01/31 | 330,000 | 330,035 | ||||||||||
| OHIO – 2.0% | ||||||||||||||
| County of Allen Hospital Facilities Revenue, Revenue Bonds | 5.00 | 11/01/33 | 270,000 | 307,678 | ||||||||||
| OKLAHOMA – 1.2% | ||||||||||||||
| Grand River Dam Authority, Revenue Bonds | 5.00 | 06/01/40 | 175,000 | 190,926 | ||||||||||
| PENNSYLVANIA – 5.4% | ||||||||||||||
| City of Scranton, General Obligation | 5.00 | 11/15/31 | 295,000 | 323,423 | ||||||||||
| Cumberland County Municipal Authority, Revenue Bonds | 5.00 | 05/01/32 | 110,000 | 111,009 | ||||||||||
| Pennsylvania Turnpike Commission, Series A, Revenue Bonds | 5.00 | 12/01/30 | 150,000 | 153,705 | ||||||||||
| Pennsylvania Turnpike Commission, Series A, Revenue Bonds | 5.00 | 12/01/37 | 240,000 | 255,848 | ||||||||||
| 843,985 | ||||||||||||||
| RHODE ISLAND – 1.3% | ||||||||||||||
| Rhode Island Health & Educational Building Corp., Revenue Bonds | 5.00 | 05/15/44 | 200,000 | 211,013 | ||||||||||
| TEXAS – 15.6% | ||||||||||||||
| City of San Antonio Electric & Gas Systems Revenue, Series B, Revenue Bonds | 5.00 | 02/01/40 | 325,000 | 357,939 | ||||||||||
| County of Harris, General Obligation | 5.00 | 09/15/54 | 175,000 | 184,335 | ||||||||||
| County of Kaufman, General Obligation | 5.00 | 02/15/41 | 50,000 | 54,078 | ||||||||||
| Dallas Fort Worth International Airport, Revenue Bonds | 5.00 | 11/01/39 | 200,000 | 223,630 | ||||||||||
| Denton Independent School District, General Obligation | 5.00 | 08/15/48 | 200,000 | 210,018 | ||||||||||
| Lower Colorado River Authority, Revenue Bonds | 5.00 | 05/15/34 | 250,000 | 277,287 | ||||||||||
| North Harris County Regional Water Authority, Revenue Bonds | 5.00 | 12/15/31 | 75,000 | 76,786 | ||||||||||
| North Texas Tollway Authority, Series A, Revenue Bonds | 5.00 | 01/01/45 | 200,000 | 212,406 | ||||||||||
| Prosper Independent School District, General Obligation | 5.25 | 02/15/55 | 190,000 | 204,415 | ||||||||||
| Royse City Independent School District, General Obligation | 5.00 | 02/15/54 | 180,000 | 187,740 | ||||||||||
| Tarrant County Cultural Education Facilities Finance Corp., Series B, Revenue Bonds | 5.00 | 07/01/34 | 155,000 | 164,095 | ||||||||||
| Trinity River Authority Central Regional Wastewater System Revenue, Revenue Bonds | 5.00 | 08/01/31 | 310,000 | 322,334 | ||||||||||
| 2,475,063 | ||||||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| WASHINGTON – 1.9% | ||||||||||||||
| King & Snohomish Counties School District No. 417 Northshore, General Obligation | 5.00 | 12/01/39 | $ | 50,000 | $ | 54,311 | ||||||||
| Spokane County School District No. 356 Central Valley, General Obligation | 4.00 | 12/01/31 | 95,000 | 97,387 | ||||||||||
| State of Washington, General Obligation | 5.00 | 06/01/48 | 150,000 | 159,840 | ||||||||||
| 311,538 | ||||||||||||||
| WISCONSIN – 1.8% | ||||||||||||||
| Public Finance Authority, Revenue Bonds | 4.50 | 07/01/67 | 275,000 | 287,679 | ||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $13,439,046) | 13,613,083 | |||||||||||||
| SHORT-TERM INVESTMENTS – 5.5% | ||||||||||||||
| MUNICIPAL BONDS – 0.6% | ||||||||||||||
| WASHINGTON – 0.6% | ||||||||||||||
| Washington Health Care Facilities Authority, Series A, Revenue Bonds | 5.00 | 09/01/26 | 90,000 | 91,276 | ||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $91,380) | 91,276 | |||||||||||||
| TIME DEPOSITS – 4.9% | ||||||||||||||
| Sumitomo, Tokyo | 3.21 | 11/03/25 | 774,987 | 774,987 | ||||||||||
| TOTAL TIME DEPOSITS (Cost - $774,987) | 774,987 | |||||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $866,367) | 866,263 | |||||||||||||
| TOTAL INVESTMENTS – 103.0% (Cost - $16,012,597) | $ | 16,207,402 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (3.0)% | (477,281 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 15,730,121 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $722,519 and represents 4.6% 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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 0.9% | ||||||||||||||
| OTHER ABS – 0.9% | ||||||||||||||
| MMAF Equipment Finance LLC 2023-A Class A2(1) | 5.79 | 11/13/26 | $ | 6,798 | $ | 6,808 | ||||||||
| Planet Fitness Master Issuer LLC 2024-1A Class A2I(1) | 5.77 | 06/05/54 | 49,500 | 50,231 | ||||||||||
| Wendy’s Funding LLC 2018-1A Class A2II(1) | 3.88 | 03/15/48 | 64,558 | 63,706 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $119,350) | 120,745 | |||||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 1.0% | ||||||||||||||
| COMMERCIAL – 0.7% | ||||||||||||||
| BANK 2017-BNK9 Class A3 | 3.28 | 11/15/54 | 21,709 | 21,272 | ||||||||||
| COMM Mortgage Trust 2016-CR28 Class A4 | 3.76 | 02/10/49 | 25,408 | 25,360 | ||||||||||
| Wells Fargo Commercial Mortgage Trust 2017-C38 Class A5 | 3.45 | 07/15/50 | 50,000 | 49,224 | ||||||||||
| 95,856 | ||||||||||||||
| WHOLE LOAN COLLATERAL – 0.3% | ||||||||||||||
| JP Morgan Mortgage Trust 2021-4 Class A4(1) | 2.50 | 08/25/51 | 20,967 | 19,066 | ||||||||||
| JP Morgan Mortgage Trust 2021-7 Class A6(1) | 2.50 | 11/25/51 | 26,068 | 24,483 | ||||||||||
| 43,549 | ||||||||||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost - $137,391) | 139,405 | |||||||||||||
| CORPORATE BONDS – 3.0% | ||||||||||||||
| BANKS – 1.3% | ||||||||||||||
| Bank of America Corp.(2) | 4.38 | - | 15,000 | 14,775 | ||||||||||
| Bank of New York Mellon Corp.(2) | 3.75 | - | 19,000 | 18,643 | ||||||||||
| Citigroup, Inc.(2) | 4.00 | - | 15,000 | 14,991 | ||||||||||
| JP Morgan Chase & Co. | 1.58 | 04/22/27 | 20,000 | 19,757 | ||||||||||
| Northern Trust Corp.(2) | 4.60 | - | 24,000 | 23,932 | ||||||||||
| PNC Financial Services Group, Inc.(2) | 6.00 | - | 24,000 | 24,224 | ||||||||||
| Truist Financial Corp.(2) | 5.10 | - | 18,000 | 18,076 | ||||||||||
| US Bancorp(2) | 3.70 | - | 31,000 | 30,145 | ||||||||||
| Wells Fargo & Co.(2) | 3.90 | - | 18,000 | 17,893 | ||||||||||
| 182,436 | ||||||||||||||
| BUILDING MATERIALS – 0.1% | ||||||||||||||
| Standard Industries, Inc./NY(1) | 4.38 | 07/15/30 | 19,000 | 18,339 | ||||||||||
| COMMERCIAL SERVICES – 0.1% | ||||||||||||||
| Triton Container International Ltd.(1) | 2.05 | 04/15/26 | 20,000 | 19,730 | ||||||||||
| DIVERSIFIED FINANCIAL SERVICES – 0.7% | ||||||||||||||
| American Express Co.(2) | 3.55 | - | 25,000 | 24,564 | ||||||||||
| GGAM Finance Ltd.(1) | 8.00 | 02/15/27 | 17,000 | 17,392 | ||||||||||
| Jane Street Group/JSG Finance, Inc.(1) | 6.13 | 11/01/32 | 18,000 | 18,332 | ||||||||||
| Navient Corp. | 4.88 | 03/15/28 | 19,000 | 18,596 | ||||||||||
| SLM Corp. | 6.50 | 01/31/30 | 17,000 | 17,639 | ||||||||||
| 96,523 | ||||||||||||||
| HEALTHCARE-SERVICES – 0.1% | ||||||||||||||
| Pediatrix Medical Group, Inc.(1) | 5.38 | 02/15/30 | 18,000 | 17,903 | ||||||||||
| INSURANCE – 0.1% | ||||||||||||||
| F&G Global Funding(1) | 1.75 | 06/30/26 | 20,000 | 19,656 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| INTERNET – 0.1% | ||||||||||||||
| Wayfair LLC(1) | 7.25 | 10/31/29 | $ | 8,000 | $ | 8,293 | ||||||||
| INVESTMENT COMPANIES – 0.4% | ||||||||||||||
| Blue Owl Technology Finance Corp.(1) | 3.75 | 06/17/26 | 20,000 | 19,840 | ||||||||||
| HPS Corporate Lending Fund | 6.75 | 01/30/29 | 20,000 | 20,804 | ||||||||||
| Sixth Street Lending Partners | 6.50 | 03/11/29 | 20,000 | 20,751 | ||||||||||
| 61,395 | ||||||||||||||
| RETAIL – 0.1% | ||||||||||||||
| Macy’s Retail Holdings LLC(1) | 5.88 | 03/15/30 | 7,000 | 7,007 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $424,738) | 431,282 | |||||||||||||
| MUNICIPAL BONDS – 92.6% | ||||||||||||||
| ALABAMA – 2.8% | ||||||||||||||
| Black Belt Energy Gas District, Revenue Bonds | 4.00 | 06/01/51 | 100,000 | 103,369 | ||||||||||
| Black Belt Energy Gas District, Series B, Revenue Bonds | 5.25 | 12/01/53 | 50,000 | 54,311 | ||||||||||
| Energy Southeast A Cooperative District, Series A, Revenue Bonds | 5.50 | 11/01/53 | 110,000 | 121,408 | ||||||||||
| Southeast Energy Authority A Cooperative District, Series A, Revenue Bonds | 5.00 | 01/01/56 | 100,000 | 107,135 | ||||||||||
| 386,223 | ||||||||||||||
| CALIFORNIA – 2.5% | ||||||||||||||
| California Community Choice Financing Authority, Revenue Bonds | 5.00 | 02/01/54 | 100,000 | 108,011 | ||||||||||
| California Community Choice Financing Authority, Series F, Revenue Bonds | 5.00 | 02/01/55 | 215,000 | 235,169 | ||||||||||
| 343,180 | ||||||||||||||
| FLORIDA – 0.8% | ||||||||||||||
| Tampa Bay Water, Series A, Revenue Bonds | 5.25 | 10/01/54 | 100,000 | 107,032 | ||||||||||
| GEORGIA – 1.7% | ||||||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 4.00 | 09/01/52 | 100,000 | 102,834 | ||||||||||
| Main Street Natural Gas, Inc., Series A, Revenue Bonds | 5.00 | 06/01/55 | 30,000 | 32,876 | ||||||||||
| Main Street Natural Gas, Inc., Series B, Revenue Bonds | 5.00 | 12/01/55 | 100,000 | 109,753 | ||||||||||
| 245,463 | ||||||||||||||
| HAWAII – 2.5% | ||||||||||||||
| State of Hawaii, Series FW, General Obligation | 4.00 | 01/01/34 | 340,000 | 352,623 | ||||||||||
| ILLINOIS – 9.4% | ||||||||||||||
| County of Cook Sales Tax Revenue, Revenue Bonds | 5.00 | 11/15/32 | 135,000 | 140,936 | ||||||||||
| County of Cook, Series A, General Obligation | 5.00 | 11/15/30 | 200,000 | 203,524 | ||||||||||
| Illinois Finance Authority, Series A, Revenue Bonds | 5.00 | 07/01/45 | 200,000 | 214,439 | ||||||||||
| Illinois Finance Authority, Series A, Revenue Bonds | 5.00 | 08/15/52 | 275,000 | 279,253 | ||||||||||
| Illinois State Toll Highway Authority, Series A, Revenue Bonds | 5.00 | 01/01/45 | 175,000 | 181,299 | ||||||||||
| Woodford Tazewell & McLean Counties Community Unit School District 140 Eureka, Series A, General Obligation | 5.00 | 11/01/45 | 295,000 | 307,966 | ||||||||||
| 1,327,417 | ||||||||||||||
| MASSACHUSETTS – 58.3% | ||||||||||||||
| Berkshire Wind Power Cooperative Corp., Revenue Bonds | 5.00 | 07/01/30 | 200,000 | 207,498 | ||||||||||
| Bristol-Plymouth Regional Vocational Technical School District, General Obligation | 4.00 | 04/01/38 | 200,000 | 207,371 | ||||||||||
| City of Boston, Series A, General Obligation | 5.00 | 11/01/27 | 75,000 | 78,979 | ||||||||||
| City of Somerville, General Obligation | 5.00 | 06/01/28 | 205,000 | 219,272 | ||||||||||
| City of Worcester, General Obligation | 5.00 | 02/15/37 | 175,000 | 198,997 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| MASSACHUSETTS – 58.3% (Continued) | ||||||||||||||
| Commonwealth of Massachusetts Transportation Fund Revenue, Series A, Revenue Bonds | 5.00 | 06/01/32 | $ | 115,000 | $ | 120,789 | ||||||||
| Commonwealth of Massachusetts Transportation Fund Revenue, Series A, Revenue Bonds | 5.00 | 06/01/53 | 230,000 | 241,917 | ||||||||||
| Commonwealth of Massachusetts, Series D, General Obligation | 5.00 | 10/01/52 | 200,000 | 209,138 | ||||||||||
| Commonwealth of Massachusetts, Series D, General Obligation | 5.00 | 10/01/53 | 200,000 | 209,000 | ||||||||||
| Dennis-Yarmouth Regional School District, General Obligation | 5.00 | 11/01/52 | 200,000 | 208,922 | ||||||||||
| Greater Fall River Vocational School District, General Obligation | 5.00 | 06/01/55 | 325,000 | 338,291 | ||||||||||
| Massachusetts Bay Transportation Authority Assessment Revenue, Series A, Revenue Bonds | 5.00 | 07/01/52 | 300,000 | 311,829 | ||||||||||
| Massachusetts Clean Water Trust, Revenue Bonds | 5.00 | 02/01/30 | 200,000 | 201,157 | ||||||||||
| Massachusetts Clean Water Trust, Series 26B, Revenue Bonds | 5.00 | 02/01/44 | 115,000 | 125,171 | ||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 07/01/30 | 200,000 | 220,057 | ||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 12/01/32 | 410,000 | 418,207 | ||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 07/01/33 | 115,000 | 120,124 | ||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 09/01/36 | 220,000 | 232,395 | ||||||||||
| Massachusetts Development Finance Agency, Revenue Bonds | 5.00 | 10/01/40 | 285,000 | 312,212 | ||||||||||
| Massachusetts Development Finance Agency, Series A, Revenue Bonds | 5.00 | 05/15/55 | 200,000 | 234,389 | ||||||||||
| Massachusetts Development Finance Agency, Series A, Revenue Bonds | 5.00 | 11/01/55 | 110,000 | 129,655 | ||||||||||
| Massachusetts Development Finance Agency, Series B, Revenue Bonds | 4.00 | 10/01/48 | 150,000 | 140,754 | ||||||||||
| Massachusetts Development Finance Agency, Series B, Revenue Bonds | 5.00 | 10/01/48 | 140,000 | 148,828 | ||||||||||
| Massachusetts Development Finance Agency, Series D, Revenue Bonds | 5.00 | 07/01/47 | 320,000 | 335,005 | ||||||||||
| Massachusetts Development Finance Agency, Series N, Revenue Bonds | 3.30 | 07/01/41 | 155,000 | 156,612 | ||||||||||
| Massachusetts Development Finance Agency, Series T, Revenue Bonds | 5.00 | 10/01/55 | 170,000 | 192,184 | ||||||||||
| Massachusetts School Building Authority, Revenue Bonds | 5.00 | 02/15/30 | 120,000 | 132,080 | ||||||||||
| Massachusetts School Building Authority, Revenue Bonds | 5.00 | 02/15/36 | 100,000 | 117,055 | ||||||||||
| Massachusetts State College Building Authority, Revenue Bonds | 5.00 | 05/01/36 | 145,000 | 168,863 | ||||||||||
| Nauset Regional School District, General Obligation | 5.00 | 05/15/28 | 150,000 | 160,035 | ||||||||||
| Town of Lynnfield, General Obligation | 4.00 | 02/01/45 | 150,000 | 146,888 | ||||||||||
| Town of Nantucket, General Obligation | 5.00 | 03/15/34 | 165,000 | 198,213 | ||||||||||
| Town of Pembroke, General Obligation | 4.00 | 08/01/42 | 350,000 | 348,518 | ||||||||||
| Town of Somerset, General Obligation | 5.00 | 04/01/35 | 230,000 | 261,142 | ||||||||||
| Town of Wakefield, General Obligation | 5.00 | 08/15/50 | 225,000 | 237,232 | ||||||||||
| Town of Webster, General Obligation | 4.00 | 02/01/41 | 175,000 | 176,195 | ||||||||||
| Town of Winchester, General Obligation | 4.00 | 03/15/50 | 195,000 | 189,631 | ||||||||||
| University of Massachusetts Building Authority, Series 1, Revenue Bonds | 4.00 | 11/01/46 | 200,000 | 191,454 | ||||||||||
| University of Massachusetts Building Authority, Series 1, Revenue Bonds | 5.00 | 11/01/34 | 200,000 | 216,475 | ||||||||||
| Woods Hole Marthas Vineyard & Nantucket Steamship Authority, Series A, Revenue Bonds | 5.00 | 03/01/27 | 185,000 | 191,527 | ||||||||||
| 8,254,061 | ||||||||||||||
| MISSOURI – 2.6% | ||||||||||||||
| Missouri Housing Development Commission, Revenue Bonds | 2.65 | 05/01/28 | 375,000 | 369,591 | ||||||||||
| NEW JERSEY – 1.5% | ||||||||||||||
| New Jersey Turnpike Authority, Series C, Revenue Bonds | 5.00 | 01/01/45 | 200,000 | 213,720 | ||||||||||
| NEW YORK – 2.0% | ||||||||||||||
| Metropolitan Transportation Authority, Revenue Bonds | 5.00 | 11/15/36 | 250,000 | 284,480 | ||||||||||
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)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| TENNESSEE – 1.3% | ||||||||||||||
| Tennessee Energy Acquisition Corp., Revenue Bonds | 5.00 | 05/01/52 | $ | 175,000 | $ | 188,871 | ||||||||
| TEXAS – 6.4% | ||||||||||||||
| Frisco Independent School District, Series A, General Obligation | 4.00 | 08/15/31 | 270,000 | 270,906 | ||||||||||
| Prosper Independent School District, General Obligation | 5.00 | 02/15/50 | 225,000 | 237,625 | ||||||||||
| Tarrant County Cultural Education Facilities Finance Corp., Series A, Revenue Bonds | 5.00 | 07/01/32 | 135,000 | 149,611 | ||||||||||
| Texas Tech University System, Series A, Revenue Bonds | 5.00 | 02/15/46 | 220,000 | 234,074 | ||||||||||
| 892,216 | ||||||||||||||
| WISCONSIN – 0.8% | ||||||||||||||
| Public Finance Authority, Revenue Bonds | 4.50 | 07/01/67 | 110,000 | 115,071 | ||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $12,952,861) | 13,079,948 | |||||||||||||
| SHORT-TERM INVESTMENTS – 1.3% | ||||||||||||||
| MUNICIPAL BONDS – 0.7% | ||||||||||||||
| WASHINGTON – 0.7% | ||||||||||||||
| Washington Health Care Facilities Authority, Series A, Revenue Bonds | 5.00 | 09/01/26 | 95,000 | 96,346 | ||||||||||
| TOTAL MUNICIPAL BONDS (Cost - $96,457) | 96,346 | |||||||||||||
| TIME DEPOSITS – 0.6% | ||||||||||||||
| JP Morgan Chase, New York | 3.21 | 11/03/25 | 81,807 | 81,807 | ||||||||||
| TOTAL TIME DEPOSITS (Cost - $81,807) | 81,807 | |||||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $178,264) | 178,153 | |||||||||||||
| TOTAL INVESTMENTS – 98.8% (Cost - $13,812,604) | $ | 13,949,533 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – 1.2% | 168,008 | |||||||||||||
| NET ASSETS – 100.0% | $ | 14,117,541 | ||||||||||||
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $310,786 and represents 2.2% 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
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| ASSET-BACKED SECURITIES – 96.4% | ||||||||||||||
| OTHER ABS – 96.4% | ||||||||||||||
| ABPCI Direct Lending Fund CLO 21 LLC 2025-21A Class E (CME Term SOFR 3 Month + 7.00%)(1) | 11.11 | 07/20/37 | $ | 2,000,000 | $ | 2,030,913 | ||||||||
| ABPCI Direct Lending Fund CLO II LLC 2017-1A Class DRR (CME Term SOFR 3 Month + 4.15%)(1) | 8.03 | 07/20/37 | 300,000 | 301,039 | ||||||||||
| ABPCI Direct Lending Fund CLO XII Ltd. 2023-12A Class BR (CME Term SOFR 3 Month + 2.15%)(1) | 5.99 | 07/29/37 | 2,000,000 | 1,988,570 | ||||||||||
| ABPCI Direct Lending Fund CLO XII Ltd. 2023-12A Class CR (CME Term SOFR 3 Month + 3.15%)(1) | 6.99 | 07/29/37 | 2,000,000 | 1,988,400 | ||||||||||
| ABPCI Direct Lending Fund CLO XII Ltd. 2023-12A Class DR (CME Term SOFR 3 Month + 4.60%)(1) | 8.44 | 07/29/37 | 2,500,000 | 2,471,410 | ||||||||||
| ABPCI Direct Lending Fund CLO XV Ltd. 2023-15A Class E (CME Term SOFR 3 Month + 8.60%)(1) | 12.44 | 10/30/35 | 1,000,000 | 1,000,179 | ||||||||||
| ABPCI Direct Lending Fund CLO XVII LLC 2024-17A Class D (CME Term SOFR 3 Month + 4.70%)(1) | 9.00 | 08/01/36 | 340,000 | 341,907 | ||||||||||
| AGL CLO 42 Ltd. 2025-42A Class E (CME Term SOFR 3 Month + 5.15%)(1) | 9.42 | 07/22/38 | 1,000,000 | 1,003,050 | ||||||||||
| Aimco CLO 20 Ltd. 2023-20A Class ER (CME Term SOFR 3 Month + 4.60%)(1) | 8.49 | 10/16/38 | 1,000,000 | 993,229 | ||||||||||
| AMMC CLO 28 Ltd. 2024-28A Class E (CME Term SOFR 3 Month + 6.70%)(1) | 10.58 | 07/20/37 | 1,220,000 | 1,241,904 | ||||||||||
| Antares CLO 2018-3 Ltd. 2018-3A Class A1R (CME Term SOFR 3 Month + 1.59%)(1) | 5.47 | 07/20/36 | 600,000 | 599,128 | ||||||||||
| Antares CLO 2019-2 Ltd. 2019-2A Class A1R (CME Term SOFR 3 Month + 1.95%)(1) | 5.81 | 01/23/36 | 1,000,000 | 1,004,212 | ||||||||||
| Antares CLO 2023-1 Ltd. 2023-1A Class BR (CME Term SOFR 3 Month + 1.85%)(1) | 5.71 | 07/25/37 | 10,000,000 | 10,040,520 | ||||||||||
| Ares LXIX CLO Ltd. 2024-69A Class E (CME Term SOFR 3 Month + 6.50%)(1) | 10.40 | 04/15/36 | 600,000 | 598,573 | ||||||||||
| Audax Senior Debt CLO 12 LLC 2025-12A Class A (CME Term SOFR 3 Month + 1.42%)(1) | 5.28 | 04/22/37 | 2,000,000 | 1,988,036 | ||||||||||
| Audax Senior Debt CLO I LLC 2019-1A Class D (CME Term SOFR 3 Month + 3.90%)(1) | 7.76 | 01/22/38 | 2,500,000 | 2,521,050 | ||||||||||
| Bain Capital Credit CLO 2020-2 Ltd. 2020-2A Class ER (CME Term SOFR 3 Month + 6.87%)(1) | 10.76 | 07/19/34 | 845,000 | 836,177 | ||||||||||
| Barings CLO Ltd. 2024-IV 2024-4A Class E (CME Term SOFR 3 Month + 5.95%)(1) | 9.83 | 10/20/37 | 1,750,000 | 1,744,631 | ||||||||||
| Barings Middle Market CLO 2023-I Ltd. 2023-IA Class C (CME Term SOFR 3 Month + 6.40%)(1) | 10.28 | 01/20/36 | 2,250,000 | 2,257,972 | ||||||||||
| BCC Middle Market CLO 2024-1 LLC 2024-1A Class A1 (CME Term SOFR 3 Month + 1.75%)(1) | 5.63 | 07/17/36 | 2,350,000 | 2,355,967 | ||||||||||
| BCC Middle Market CLO 2024-1 LLC 2024-1A Class D (CME Term SOFR 3 Month + 4.50%)(1) | 8.38 | 07/17/36 | 3,000,000 | 3,026,667 | ||||||||||
| BCRED CLO 2024-1 LLC 2024-1A Class B (CME Term SOFR 3 Month + 2.35%)(1) | 6.23 | 04/20/36 | 900,000 | 902,055 | ||||||||||
| Blackrock MT Lassen CLO XV LLC 2025-1A Class A1 (CME Term SOFR 3 Month + 1.65%)(1) | 5.97 | 07/15/37 | 8,000,000 | 8,005,568 | ||||||||||
| Blackrock MT Lassen CLO XV LLC 2025-1A Class D (CME Term SOFR 3 Month + 3.95%)(1) | 8.27 | 07/15/37 | 3,000,000 | 2,988,999 | ||||||||||
| Blackrock Rainier CLO VI Ltd. 2021-6A Class DR (CME Term SOFR 3 Month + 4.70%)(1) | 8.58 | 04/20/37 | 2,000,000 | 2,014,526 | ||||||||||
The accompanying notes are an integral part of these financial statements.
220
BONDBLOXX ETF TRUST
BondBloxx Private Credit CLO ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OTHER ABS – 96.4% (Continued) | ||||||||||||||
| Blackrock Shasta CLO XIV LLC 2024-2A Class C (CME Term SOFR 3 Month + 2.50%)(1) | 6.40 | 07/15/36 | $ | 1,000,000 | $ | 994,859 | ||||||||
| BXSL CLO 2024-1 LLC 2024-1A Class B (CME Term SOFR 3 Month + 1.78%)(1) | 5.66 | 10/20/36 | 4,250,000 | 4,243,629 | ||||||||||
| Carlyle US CLO 2017-3 Ltd. 2017-3A Class ER2 (CME Term SOFR 3 Month + 7.50%)(1) | 11.37 | 10/21/37 | 1,000,000 | 1,002,192 | ||||||||||
| Carlyle US CLO 2024-8 Ltd. 2024-8A Class E (CME Term SOFR 3 Month + 5.50%)(1) | 9.36 | 01/25/37 | 650,000 | 649,975 | ||||||||||
| Churchill Middle Market CLO V LLC 2025-1A Class C (CME Term SOFR 3 Month + 2.00%)(1) | 5.86 | 04/25/37 | 1,750,000 | 1,719,991 | ||||||||||
| Churchill MMSLF CLO-III LP 2023-3A Class C (CME Term SOFR 3 Month + 4.20%)(1) | 8.08 | 01/20/36 | 5,800,000 | 5,823,873 | ||||||||||
| CIFC Funding 2017-III Ltd. 2017-3A Class ER (CME Term SOFR 3 Month + 6.70%)(1) | 10.58 | 04/20/37 | 350,000 | 348,982 | ||||||||||
| Danby Park CLO Ltd. 2022-1A Class ER (CME Term SOFR 3 Month + 5.95%)(1) | 9.82 | 10/21/37 | 500,000 | 499,962 | ||||||||||
| Deerpath Capital CLO 2024-1 Ltd. 2024-1A Class B (CME Term SOFR 3 Month + 2.60%)(1) | 6.50 | 07/15/36 | 1,000,000 | 1,001,811 | ||||||||||
| Dryden 85 CLO Ltd. 2020-85A Class ER2 (CME Term SOFR 3 Month + 7.00%)(1) | 10.90 | 07/15/37 | 3,000,000 | 3,047,547 | ||||||||||
| Elmwood CLO V Ltd. 2020-2A Class ERR (CME Term SOFR 3 Month + 5.75%)(1) | 9.63 | 10/20/37 | 1,900,000 | 1,902,166 | ||||||||||
| 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 | 1,499,230 | ||||||||||
| Golub Capital Partners CLO 31M Ltd. 2016-31A Class A1RR (CME Term SOFR 3 Month + 1.60%)(1) | 5.92 | 11/05/37 | 2,000,000 | 1,999,990 | ||||||||||
| Golub Capital Partners CLO 38M Ltd. 2018-38A Class BR (CME Term SOFR 3 Month + 1.95%)(1) | 5.81 | 07/28/36 | 1,000,000 | 999,987 | ||||||||||
| Golub Capital Partners CLO 42M-R 2019-42RA Class DR (CME Term SOFR 3 Month + 6.10%)(1) | 9.96 | 01/20/36 | 5,000,000 | 5,006,245 | ||||||||||
| Golub Capital Partners CLO 45M Ltd. 2019-45A Class A1R (CME Term SOFR 3 Month + 1.62%)(1) | 5.50 | 07/20/37 | 9,280,000 | 9,271,388 | ||||||||||
| Golub Capital Partners CLO 67M 2023-67A Class A1 (CME Term SOFR 3 Month + 2.50%)(1) | 6.73 | 05/09/36 | 2,000,000 | 2,011,658 | ||||||||||
| Invesco US CLO 2024-1 Ltd. 2024-1RA Class ER (CME Term SOFR 3 Month + 7.40%)(1) | 11.30 | 04/15/37 | 1,250,000 | 1,251,557 | ||||||||||
| Ivy Hill Middle Market Credit Fund XX Ltd. 20A Class A1R (CME Term SOFR 3 Month + 1.65%)(1) | 5.53 | 07/19/37 | 4,500,000 | 4,497,943 | ||||||||||
| Ivy Hill Middle Market Credit Fund XX Ltd. 20A Class BR (CME Term SOFR 3 Month + 2.10%)(1) | 5.98 | 07/19/37 | 1,000,000 | 994,517 | ||||||||||
| Ivy Hill Middle Market Credit Fund XXII Ltd. 2024-22A Class D (CME Term SOFR 3 Month + 5.05%)(1) | 8.93 | 04/20/36 | 3,500,000 | 3,515,761 | ||||||||||
| Ivy Hill Middle Market Credit Fund XXII Ltd. 2024-22A Class E (CME Term SOFR 3 Month + 7.85%)(1) | 11.73 | 04/20/36 | 3,000,000 | 2,964,039 | ||||||||||
| JCP Direct Lending CLO 2023-1 LLC 2023-1A Class DR (CME Term SOFR 3 Month + 3.50%)(1) | 7.38 | 07/20/37 | 4,000,000 | 3,976,116 | ||||||||||
| Jefferies Credit Partners Direct Lending CLO 2025-1 Ltd. 2025-1A Class A1 (CME Term SOFR 3 Month + 1.50%)(1) | ZCP | 10/15/37 | 1,500,000 | 1,500,000 | ||||||||||
| Lake Shore MM CLO IV Ltd. 2021-1A Class AR (CME Term SOFR 3 Month + 1.70%)(1) | 5.60 | 01/15/37 | 600,000 | 598,544 | ||||||||||
| Lake Shore MM CLO IV Ltd. 2021-1A Class DR (CME Term SOFR 3 Month + 4.25%)(1) | 8.15 | 01/15/37 | 488,000 | 489,293 | ||||||||||
The accompanying notes are an integral part of these financial statements.
221
BONDBLOXX ETF TRUST
BondBloxx Private Credit CLO ETF
Portfolio of Investments (Continued)
October 31, 2025
| Rate (%) | Maturity | Face Amount |
Value | |||||||||||
| OTHER ABS – 96.4% (Continued) | ||||||||||||||
| Lake Shore MM CLO V LLC 2022-1A Class BR (CME Term SOFR 3 Month + 4.15%)(1) | 8.05 | 01/15/37 | $ | 1,400,000 | $ | 1,378,215 | ||||||||
| Maranon Loan Funding 2021-3 Ltd. 2021-3A Class DR (CME Term SOFR 3 Month + 4.81%)(1) | 8.71 | 10/15/36 | 5,000,000 | 5,050,305 | ||||||||||
| Maranon Loan Funding 2024-1 Ltd. 2024-1A Class B (CME Term SOFR 3 Month + 1.95%)(1) | 5.85 | 07/15/36 | 500,000 | 497,099 | ||||||||||
| MCF CLO V LLC 2017-1A Class CR2 (CME Term SOFR 3 Month + 2.55%)(1) | 6.43 | 10/20/37 | 6,000,000 | 5,967,306 | ||||||||||
| MCF CLO V LLC 2017-1A Class DR2 (CME Term SOFR 3 Month + 4.15%)(1) | 8.03 | 10/20/37 | 1,200,000 | 1,199,176 | ||||||||||
| MCF CLO VII LLC 2017-3A Class D1R2 (CME Term SOFR 3 Month + 3.45%)(1) | 7.33 | 07/20/37 | 2,000,000 | 1,984,458 | ||||||||||
| MCF CLO VIII Ltd. 2018-1A Class CR (CME Term SOFR 3 Month + 3.10%)(1) | 6.98 | 04/18/36 | 2,000,000 | 1,989,726 | ||||||||||
| MCF CLO VIII Ltd. 2018-1A Class DR (CME Term SOFR 3 Month + 5.15%)(1) | 9.03 | 04/18/36 | 2,000,000 | 2,004,548 | ||||||||||
| Monroe Capital MML CLO XIV LLC 2022-2A Class CR (CME Term SOFR 3 Month + 2.25%)(1) | 6.12 | 10/24/34 | 6,000,000 | 5,999,856 | ||||||||||
| Monroe Capital MML CLO XV LLC 2023-1A Class DR (CME Term SOFR 3 Month + 3.00%)(1) | 6.86 | 09/23/35 | 750,000 | 750,000 | ||||||||||
| Octagon 66 Ltd. 2022-1A Class ER (CME Term SOFR 3 Month + 7.62%)(1) | 11.81 | 11/16/36 | 937,500 | 937,613 | ||||||||||
| Octagon Investment Partners 28 Ltd. 2016-1A Class ERR (CME Term SOFR 3 Month + 7.50%)(1) | 11.37 | 04/24/37 | 4,000,000 | 3,979,972 | ||||||||||
| Owl Rock CLO III Ltd. 2020-3A Class AR (CME Term SOFR 3 Month + 1.85%)(1) | 5.73 | 04/20/36 | 1,000,000 | 1,004,130 | ||||||||||
| Owl Rock CLO X LLC 2023-10A Class BR (CME Term SOFR 3 Month + 1.70%)(1) | 5.96 | 04/20/37 | 600,000 | 593,424 | ||||||||||
| Palmer Square CLO 2021-4 Ltd. 2021-4A Class ER (CME Term SOFR 3 Month + 5.75%)(1) | 9.65 | 07/15/38 | 1,000,000 | 1,008,770 | ||||||||||
| Woodmont 2022-10 Trust 2022-10A Class CR (CME Term SOFR 3 Month + 2.10%)(1) | 6.00 | 04/15/38 | 5,000,000 | 4,948,180 | ||||||||||
| Woodmont 2022-9 Trust 2022-9A Class A1R (CME Term SOFR 3 Month + 1.70%)(1) | 5.56 | 10/25/36 | 10,600,000 | 10,607,961 | ||||||||||
| TOTAL ASSET-BACKED SECURITIES (Cost - $167,276,532) | 165,956,676 | |||||||||||||
| CORPORATE BONDS – 0.5% | ||||||||||||||
| INVESTMENT COMPANIES – 0.5% | ||||||||||||||
| Ares Capital Corp. | 5.10 | 01/15/31 | 400,000 | 394,545 | ||||||||||
| Blackstone Private Credit Fund | 5.05 | 09/10/30 | 385,000 | 378,607 | ||||||||||
| TOTAL CORPORATE BONDS (Cost - $778,046) | 773,152 | |||||||||||||
| SHORT-TERM INVESTMENTS – 3.6% | ||||||||||||||
| TIME DEPOSITS – 3.6% | ||||||||||||||
| Sumitomo, Tokyo | 3.21 | 11/03/25 | 6,230,004 | 6,230,004 | ||||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost - $6,230,004) | 6,230,004 | |||||||||||||
| TOTAL INVESTMENTS – 100.5% (Cost - $174,284,582) | $ | 172,959,832 | ||||||||||||
| OTHER ASSETS LESS LIABILITIES – (0.5)% | (861,514 | ) | ||||||||||||
| NET ASSETS – 100.0% | $ | 172,098,318 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
222
BONDBLOXX ETF TRUST
BondBloxx Private Credit CLO ETF
Portfolio of Investments (Continued)
October 31, 2025
| SOFR | Secured Overnight Financing Rate |
| ZCP | Indicates a zero coupon rate. |
| (1) | Security was acquired and/or 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 October 31, 2025, amounts to $165,956,676 and represents 96.4% 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.
223
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities
October 31, 2025
|
BondBloxx USD High Yield Bond
Industrial |
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 | $ | 43,149,378 | $ | 63,246,847 | $ | 26,716,064 | $ | 33,356,505 | $ | 11,840,770 | ||||||||||
| Cash | 6,426 | 6,557 | – | – | 1,137 | |||||||||||||||
| Receivable for investments sold | 124,458 | 2,478,942 | 243,389 | 645,275 | 90,296 | |||||||||||||||
| Interest income receivable | 712,651 | 1,062,035 | 371,963 | 553,975 | 214,019 | |||||||||||||||
| TOTAL ASSETS | 43,992,913 | 66,794,381 | 27,331,416 | 34,555,755 | 12,146,222 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 859,162 | 3,774,224 | 359,231 | 1,248,598 | 405,297 | |||||||||||||||
| Management fees payable (Note 3) | 12,808 | 18,733 | 7,965 | 9,888 | 3,481 | |||||||||||||||
| TOTAL LIABILITIES | 871,970 | 3,792,957 | 367,196 | 1,258,486 | 408,778 | |||||||||||||||
| NET ASSETS | $ | 43,120,943 | $ | 63,001,424 | $ | 26,964,220 | $ | 33,297,269 | $ | 11,737,444 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 43,010,380 | 62,971,884 | 26,691,795 | 32,489,861 | 11,907,866 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 110,563 | 29,540 | 272,425 | 807,408 | (170,422 | ) | ||||||||||||||
| NET ASSETS | $ | 43,120,943 | $ | 63,001,424 | $ | 26,964,220 | $ | 33,297,269 | $ | 11,737,444 | ||||||||||
| Shares outstanding | 1,125,000 | 1,800,000 | 750,000 | 875,000 | 302,500 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 38.33 | $ | 35.00 | $ | 35.95 | $ | 38.05 | $ | 38.80 | ||||||||||
| Investment in securities, at cost | $ | 43,065,638 | $ | 63,022,547 | $ | 25,956,963 | $ | 32,696,559 | $ | 11,892,384 | ||||||||||
The accompanying notes are an integral part of these financial statements.
224
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
October 31, 2025
|
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 |
BondBloxx BB Rated USD High Yield Corporate Bond ETF |
BondBloxx B Rated USD High Yield Corporate Bond ETF |
||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 30,981,655 | $ | 20,063,194 | $ | 31,111,726 | (a) | $ | 424,352,335 | $ | 35,966,778 | |||||||||
| Receivable for investments sold | 515,601 | 1,334,176 | – | 13,257,905 | 642,501 | |||||||||||||||
| Receivable for shares created | – | – | – | 5,156,887 | – | |||||||||||||||
| Interest income receivable | 459,997 | 265,121 | – | 6,087,383 | 629,115 | |||||||||||||||
| Due from the Adviser | – | – | 31,428 | – | – | |||||||||||||||
| TOTAL ASSETS | 31,957,253 | 21,662,491 | 31,143,154 | 448,854,510 | 37,238,394 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 1,026,088 | 1,477,625 | – | 21,813,483 | 1,616,017 | |||||||||||||||
| Management fees payable (Note 3) | 9,175 | 5,992 | – | 65,031 | 8,712 | |||||||||||||||
| Administration fees payable (Note 3) | – | – | 19,763 | – | – | |||||||||||||||
| Professional fees payable | – | – | 11,226 | – | – | |||||||||||||||
| Other accrued expenses payable | – | – | 2,778 | – | – | |||||||||||||||
| TOTAL LIABILITIES | 1,035,263 | 1,483,617 | 33,767 | 21,878,514 | 1,624,729 | |||||||||||||||
| NET ASSETS | $ | 30,921,990 | $ | 20,178,874 | $ | 31,109,387 | $ | 426,975,996 | $ | 35,613,665 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 31,185,921 | 20,206,648 | 89,436,468 | 421,577,785 | 35,561,614 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (263,931 | ) | (27,774 | ) | (58,327,081 | ) | 5,398,211 | 52,051 | ||||||||||||
| NET ASSETS | $ | 30,921,990 | $ | 20,178,874 | $ | 31,109,387 | $ | 426,975,996 | $ | 35,613,665 | ||||||||||
| Shares outstanding | 825,000 | 525,000 | 2,040,000 | 10,350,000 | 900,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 37.48 | $ | 38.44 | $ | 15.25 | $ | 41.25 | $ | 39.57 | ||||||||||
| Investment in securities, at cost | $ | 30,887,702 | $ | 19,954,838 | $ | 30,205,175 | $ | 419,974,443 | $ | 35,561,606 | ||||||||||
| (a) | For the BondBloxx USD High Yield Bond Sector Rotation ETF, $31,083,814 (cost $30,177,263) is invested in affiliated investment companies of the BondBloxx ETF Trust. |
The accompanying notes are an integral part of these financial statements.
225
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
October 31, 2025
| 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 Markets 1-10
Year |
||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 252,772,929 | $ | 184,320,217 | $ | 54,185,781 | $ | 4,877,239 | $ | 508,709,245 | ||||||||||
| Cash | – | – | 2,038 | – | 11,847 | |||||||||||||||
| Receivable for investments sold | 10,266,372 | 2,715,721 | 1,501,096 | 75,894 | 7,784,693 | |||||||||||||||
| Interest income receivable | 5,696,210 | 2,082,815 | 635,587 | 66,810 | 6,190,661 | |||||||||||||||
| TOTAL ASSETS | 268,735,511 | 189,118,753 | 56,324,502 | 5,019,943 | 522,696,446 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 15,135,739 | 3,197,534 | 1,446,694 | 73,373 | 8,424,104 | |||||||||||||||
| Management fees payable (Note 3) | 80,315 | 29,094 | 8,933 | 806 | 116,079 | |||||||||||||||
| TOTAL LIABILITIES | 15,216,054 | 3,226,628 | 1,455,627 | 74,179 | 8,540,183 | |||||||||||||||
| NET ASSETS | $ | 253,519,457 | $ | 185,892,125 | $ | 54,868,875 | $ | 4,945,764 | $ | 514,156,263 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 257,630,644 | 183,062,917 | 53,384,318 | 4,983,426 | 479,185,217 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | (4,111,187 | ) | 2,829,208 | 1,484,557 | (37,662 | ) | 34,971,046 | |||||||||||||
| NET ASSETS | $ | 253,519,457 | $ | 185,892,125 | $ | 54,868,875 | $ | 4,945,764 | $ | 514,156,263 | ||||||||||
| Shares outstanding | 6,550,000 | 3,600,000 | 1,050,000 | 100,000 | 11,550,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 38.71 | $ | 51.64 | $ | 52.26 | $ | 49.46 | $ | 44.52 | ||||||||||
| Investment in securities, at cost | $ | 256,092,574 | $ | 182,307,055 | $ | 52,959,075 | $ | 4,891,961 | $ | 477,477,755 | ||||||||||
| Foreign currency, at cost | $ | – | $ | – | $ | – | $ | – | $ | 3,711 | ||||||||||
The accompanying notes are an integral part of these financial statements.
226
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
October 31, 2025
| 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 Three Year |
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF |
||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 1,781,074,749 | $ | 655,464,596 | $ | 149,488,046 | $ | 194,220,457 | $ | 302,615,749 | ||||||||||
| Receivable for investments sold | 34,370,734 | 56,678,256 | 6,656,877 | 8,488,837 | 16,770,966 | |||||||||||||||
| Interest income receivable | – | 4,776,980 | 1,049,033 | 1,400,063 | 2,368,784 | |||||||||||||||
| TOTAL ASSETS | 1,815,445,483 | 716,919,832 | 157,193,956 | 204,109,357 | 321,755,499 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Payable for investments purchased | 138,106,353 | 55,939,722 | 6,472,051 | 8,103,760 | 16,354,195 | |||||||||||||||
| Management fees payable (Note 3) | 51,170 | 16,736 | 6,362 | 7,981 | 12,267 | |||||||||||||||
| TOTAL LIABILITIES | 138,157,523 | 55,956,458 | 6,478,413 | 8,111,741 | 16,366,462 | |||||||||||||||
| NET ASSETS | $ | 1,677,287,960 | $ | 660,963,374 | $ | 150,715,543 | $ | 195,997,616 | $ | 305,389,037 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 1,670,495,729 | 662,369,696 | 150,705,366 | 194,183,250 | 304,130,682 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 6,792,231 | (1,406,322 | ) | 10,177 | 1,814,366 | 1,258,355 | ||||||||||||||
| NET ASSETS | $ | 1,677,287,960 | $ | 660,963,374 | $ | 150,715,543 | $ | 195,997,616 | $ | 305,389,037 | ||||||||||
| Shares outstanding | 33,270,000 | 13,310,000 | 3,040,000 | 3,930,000 | 6,150,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 50.41 | $ | 49.66 | $ | 49.58 | $ | 49.87 | $ | 49.66 | ||||||||||
| Investment in securities, at cost | $ | 1,779,908,053 | $ | 654,407,809 | $ | 148,601,942 | $ | 192,515,211 | $ | 300,454,349 | ||||||||||
The accompanying notes are an integral part of these financial statements.
227
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
October 31, 2025
| 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 Tax-Aware |
||||||||||||||||
| ASSETS: | ||||||||||||||||||||
| Investments in securities, at value | $ | 171,341,781 | $ | 782,184,767 | $ | 84,295,573 | $ | 231,230,554 | $ | 16,207,402 | ||||||||||
| Cash | – | – | – | 44 | – | |||||||||||||||
| Receivable for investments sold | 12,330,218 | 35,351,597 | 3,131,240 | – | – | |||||||||||||||
| Receivable for shares created | 1,933,648 | – | 790,402 | – | – | |||||||||||||||
| Interest income receivable | 2,144,021 | 9,701,026 | 657,957 | 2,734,948 | 209,361 | |||||||||||||||
| TOTAL ASSETS | 187,749,668 | 827,237,390 | 88,875,172 | 233,965,546 | 16,416,763 | |||||||||||||||
| LIABILITIES: | ||||||||||||||||||||
| Due to custodian | – | – | 187 | – | – | |||||||||||||||
| Payable for investments purchased | 13,714,370 | 32,858,174 | 3,508,068 | 1,000,000 | 682,550 | |||||||||||||||
| Management fees payable (Note 3) | 7,063 | 49,404 | 8,893 | 63,655 | 4,092 | |||||||||||||||
| TOTAL LIABILITIES | 13,721,433 | 32,907,578 | 3,517,148 | 1,063,655 | 686,642 | |||||||||||||||
| NET ASSETS | $ | 174,028,235 | $ | 794,329,812 | $ | 85,358,024 | $ | 232,901,891 | $ | 15,730,121 | ||||||||||
| COMPONENTS OF NET ASSETS | ||||||||||||||||||||
| Paid-in capital | 172,614,309 | 783,736,046 | 94,333,005 | 230,762,534 | 15,509,574 | |||||||||||||||
| Total distributable earnings/(accumulated loss) | 1,413,926 | 10,593,766 | (8,974,981 | ) | 2,139,357 | 220,547 | ||||||||||||||
| NET ASSETS | $ | 174,028,235 | $ | 794,329,812 | $ | 85,358,024 | $ | 232,901,891 | $ | 15,730,121 | ||||||||||
| Shares outstanding | 3,600,000 | 16,940,000 | 2,160,000 | 4,580,000 | 310,000 | |||||||||||||||
| Net asset value, offering and redemption price per share | $ | 48.34 | $ | 46.89 | $ | 39.52 | $ | 50.85 | $ | 50.74 | ||||||||||
| Investment in securities, at cost | $ | 169,275,439 | $ | 772,685,969 | $ | 84,359,697 | $ | 229,743,179 | $ | 16,012,597 | ||||||||||
The accompanying notes are an integral part of these financial statements.
228
BONDBLOXX ETF TRUST
Statements of Assets and Liabilities (Continued)
October 31, 2025
|
BondBloxx ETF for Massachusetts Residents |
BondBloxx Private Credit CLO ETF |
|||||||
| ASSETS: | ||||||||
| Investments in securities, at value | $ | 13,949,533 | $ | 172,959,832 | ||||
| Interest income receivable | 172,192 | 737,572 | ||||||
| TOTAL ASSETS | 14,121,725 | 173,697,404 | ||||||
| LIABILITIES: | ||||||||
| Payable for investments purchased | – | 1,500,000 | ||||||
| Management fees payable (Note 3) | 4,184 | 99,086 | ||||||
| TOTAL LIABILITIES | 4,184 | 1,599,086 | ||||||
| NET ASSETS | $ | 14,117,541 | $ | 172,098,318 | ||||
| COMPONENTS OF NET ASSETS | ||||||||
| Paid-in capital | 13,950,562 | 172,791,997 | ||||||
| Total distributable earnings/(accumulated loss) | 166,979 | (693,679 | ) | |||||
| NET ASSETS | $ | 14,117,541 | $ | 172,098,318 | ||||
| Shares outstanding | 280,000 | 3,420,000 | ||||||
| Net asset value, offering and redemption price per share | $ | 50.42 | $ | 50.32 | ||||
| Investment in securities, at cost | $ | 13,812,604 | $ | 174,284,582 | ||||
The accompanying notes are an integral part of these financial statements.
229
BONDBLOXX ETF TRUST
Statements of Operations
For the Year Ended October 31, 2025
| 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 | $ | 4,332,894 | $ | 7,413,023 | $ | 2,655,241 | $ | 3,339,501 | $ | 908,334 | ||||||||||
| Total income | 4,332,894 | 7,413,023 | 2,655,241 | 3,339,501 | 908,334 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 222,121 | 322,457 | 128,125 | 164,487 | 45,595 | |||||||||||||||
| Total Expenses | 222,121 | 322,457 | 128,125 | 164,487 | 45,595 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 4,110,773 | 7,090,566 | 2,527,116 | 3,175,014 | 862,739 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (6,074 | ) | (24,954 | ) | (99,836 | ) | 184,147 | (22,109 | ) | |||||||||||
| Unaffiliated in-kind redemptions | (531,148 | ) | (120,998 | ) | (195,564 | ) | 524,490 | (193,595 | ) | |||||||||||
| Net realized gain/(loss) | (537,222 | ) | (145,952 | ) | (295,400 | ) | 708,637 | (215,704 | ) | |||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | (366,601 | ) | (1,319,460 | ) | 306,528 | (746,965 | ) | 21,331 | ||||||||||||
| Change in unrealized appreciation/(depreciation) | (366,601 | ) | (1,319,460 | ) | 306,528 | (746,965 | ) | 21,331 | ||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (903,823 | ) | (1,465,412 | ) | 11,128 | (38,328 | ) | (194,373 | ) | |||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 3,206,950 | $ | 5,625,154 | $ | 2,538,244 | $ | 3,136,686 | $ | 668,366 | ||||||||||
The accompanying notes are an integral part of these financial statements.
230
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Year Ended October 31, 2025
|
BondBloxx USD
High Yield Bond Sector ETF |
BondBloxx USD
High Yield Bond |
BondBloxx USD
High Yield Bond |
BondBloxx BB
Rated Bond ETF |
BondBloxx B
Rated USD
High Yield Corporate Bond ETF |
||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 3,605,118 | $ | 1,686,840 | $ | 3,074 | $ | 13,295,354 | $ | 2,079,164 | ||||||||||
| Affiliated dividend income | – | – | 2,068,915 | – | – | |||||||||||||||
| Total income | 3,605,118 | 1,686,840 | 2,071,989 | 13,295,354 | 2,079,164 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 182,222 | 93,293 | 136,188 | 430,254 | 82,507 | |||||||||||||||
| Administration fees (Note 3) | – | – | 33,321 | – | – | |||||||||||||||
| Professional fees | – | – | 46,946 | – | – | |||||||||||||||
| Shareholder reporting fees | – | – | 4,501 | – | – | |||||||||||||||
| Other expenses | – | – | 9,000 | – | – | |||||||||||||||
| Total Expenses | 182,222 | 93,293 | 229,956 | 430,254 | 82,507 | |||||||||||||||
| Fee waiver and expense reimbursement | – | – | (169,326 | ) | – | – | ||||||||||||||
| Net Expenses | 182,222 | 93,293 | 60,630 | 430,254 | 82,507 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 3,422,896 | 1,593,547 | 2,011,359 | 12,865,100 | 1,996,657 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Unaffiliated investments in securities | (317,056 | ) | (129,944 | ) | – | (52,549 | ) | (188,686 | ) | |||||||||||
| Affiliated investments in securities | – | – | 11,177 | – | – | |||||||||||||||
| Unaffiliated in-kind redemptions | (642,917 | ) | 61,813 | – | 2,013,061 | – | ||||||||||||||
| Affiliated in-kind redemptions | – | – | 60,222 | – | – | |||||||||||||||
| Net realized gain/(loss) | (959,973 | ) | (68,131 | ) | 71,399 | 1,960,512 | (188,686 | ) | ||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Unaffiliated investments in securities | (445,494 | ) | (41,593 | ) | – | 3,144,938 | 62,208 | |||||||||||||
| Affiliated investments in securities | – | – | 193,249 | – | – | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | (445,494 | ) | (41,593 | ) | 193,249 | 3,144,938 | 62,208 | |||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (1,405,467 | ) | (109,724 | ) | 264,648 | 5,105,450 | (126,478 | ) | ||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 2,017,429 | $ | 1,483,823 | $ | 2,276,007 | $ | 17,970,550 | $ | 1,870,179 | ||||||||||
The accompanying notes are an integral part of these financial statements.
231
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Year Ended October 31, 2025
| 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 USD
Emerging |
||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 16,645,245 | $ | 5,747,551 | $ | 1,437,849 | $ | 455,926 | $ | 23,719,527 | ||||||||||
| Other income | – | 2,646 | 840 | – | 2,452 | |||||||||||||||
| Total income | 16,645,245 | 5,750,197 | 1,438,689 | 455,926 | 23,721,979 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 613,630 | 222,477 | 52,430 | 14,814 | 1,054,840 | |||||||||||||||
| Total Expenses | 613,630 | 222,477 | 52,430 | 14,814 | 1,054,840 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 16,031,615 | 5,527,720 | 1,386,259 | 441,112 | 22,667,139 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (1,374,045 | ) | 209,938 | 114,472 | (45,889 | ) | 2,781,071 | |||||||||||||
| Unaffiliated in-kind redemptions | 2,628,244 | 390,586 | 103,180 | (106,895 | ) | 503,240 | ||||||||||||||
| Net realized gain/(loss) | 1,254,199 | 600,524 | 217,652 | (152,784 | ) | 3,284,311 | ||||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | (6,323,597 | ) | 1,526,315 | 1,236,167 | (49,283 | ) | 20,401,481 | |||||||||||||
| Foreign currency transactions | – | – | – | – | 143 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | (6,323,597 | ) | 1,526,315 | 1,236,167 | (49,283 | ) | 20,401,624 | |||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | (5,069,398 | ) | 2,126,839 | 1,453,819 | (202,067 | ) | 23,685,935 | |||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 10,962,217 | $ | 7,654,559 | $ | 2,840,078 | $ | 239,045 | $ | 46,353,074 | ||||||||||
The accompanying notes are an integral part of these financial statements.
232
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Year Ended October 31, 2025
| 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 | $ | 58,763,516 | $ | 26,927,279 | $ | 5,869,318 | $ | 5,811,434 | $ | 6,730,738 | ||||||||||
| Total income | 58,763,516 | 26,927,279 | 5,869,318 | 5,811,434 | 6,730,738 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 419,215 | 181,418 | 68,141 | 71,094 | 84,335 | |||||||||||||||
| Total Expenses | 419,215 | 181,418 | 68,141 | 71,094 | 84,335 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 58,344,301 | 26,745,861 | 5,801,177 | 5,740,340 | 6,646,403 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | (174,976 | ) | (1,425,275 | ) | (105,890 | ) | 141,385 | (328,078 | ) | |||||||||||
| Unaffiliated in-kind redemptions | 683,549 | 715,247 | 236,023 | 49,697 | 2,930,047 | |||||||||||||||
| Net realized gain/(loss) | 508,573 | (710,028 | ) | 130,133 | 191,082 | 2,601,969 | ||||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 457,652 | 344,020 | 481,170 | 1,909,888 | 2,683,693 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 457,652 | 344,020 | 481,170 | 1,909,888 | 2,683,693 | |||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 966,225 | (366,008 | ) | 611,303 | 2,100,970 | 5,285,662 | ||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 59,310,526 | $ | 26,379,853 | $ | 6,412,480 | $ | 7,841,310 | $ | 11,932,065 | ||||||||||
The accompanying notes are an integral part of these financial statements.
233
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended October 31, 2025
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF |
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF |
BondBloxx |
BondBloxx IR+M Tax-Aware Short Duration ETF |
BondBloxx IR+M |
||||||||||||||||
| INVESTMENT INCOME: | ||||||||||||||||||||
| Interest income | $ | 5,993,234 | $ | 23,489,620 | $ | 2,950,872 | $ | 6,648,920 | $ | 283,363 | ||||||||||
| Total income | 5,993,234 | 23,489,620 | 2,950,872 | 6,648,920 | 283,363 | |||||||||||||||
| EXPENSES: | ||||||||||||||||||||
| Management fees (Note 3) | 71,018 | 398,149 | 76,890 | 574,972 | 24,366 | |||||||||||||||
| Total Expenses | 71,018 | 398,149 | 76,890 | 574,972 | 24,366 | |||||||||||||||
| NET INVESTMENT INCOME/(LOSS) | 5,922,216 | 23,091,471 | 2,873,982 | 6,073,948 | 258,997 | |||||||||||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||||||||||||||
| Net realized gain/(loss) on: | ||||||||||||||||||||
| Investments in securities | 116,930 | 359,387 | (3,774,341 | ) | 92,938 | (16,864 | ) | |||||||||||||
| Unaffiliated in-kind redemptions | 1,239,385 | 4,839,621 | 81,495 | – | – | |||||||||||||||
| Net realized gain/(loss) | 1,356,315 | 5,199,008 | (3,692,846 | ) | 92,938 | (16,864 | ) | |||||||||||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||||||||||||||
| Investments in securities | 2,508,042 | 9,209,225 | 2,112,556 | 1,138,759 | 194,805 | |||||||||||||||
| Change in unrealized appreciation/(depreciation) | 2,508,042 | 9,209,225 | 2,112,556 | 1,138,759 | 194,805 | |||||||||||||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 3,864,357 | 14,408,233 | (1,580,290 | ) | 1,231,697 | 177,941 | ||||||||||||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 9,786,573 | $ | 37,499,704 | $ | 1,293,692 | $ | 7,305,645 | $ | 436,938 | ||||||||||
| (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.
234
BONDBLOXX ETF TRUST
Statements of Operations (Continued)
For the Period Ended October 31, 2025
|
BondBloxx
IR+M |
BondBloxx Private Credit CLO ETF(2) |
|||||||
| INVESTMENT INCOME: | ||||||||
| Interest income | $ | 197,561 | $ | 7,185,500 | ||||
| Total income | 197,561 | 7,185,500 | ||||||
| EXPENSES: | ||||||||
| Management fees (Note 3) | 17,891 | 644,035 | ||||||
| Total Expenses | 17,891 | 644,035 | ||||||
| NET INVESTMENT INCOME/(LOSS) | 179,670 | 6,541,465 | ||||||
| NET REALIZED AND UNREALIZED GAIN/(LOSS) ON INVESTMENTS: | ||||||||
| Net realized gain/(loss) on: | ||||||||
| Investments in securities | (10,099 | ) | (16,613 | ) | ||||
| Net realized gain/(loss) | (10,099 | ) | (16,613 | ) | ||||
| Change in unrealized appreciation/(depreciation) on: | ||||||||
| Investments in securities | 136,929 | (1,324,750 | ) | |||||
| Change in unrealized appreciation/(depreciation) | 136,929 | (1,324,750 | ) | |||||
| Net Realized and Unrealized Gain/(Loss) on Investments | 126,830 | (1,341,363 | ) | |||||
| Net Increase/(Decrease) in Net Assets Resulting from Operations | $ | 306,500 | $ | 5,200,102 | ||||
| (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.
235
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets
|
BondBloxx |
BondBloxx |
|||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For the 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 4,110,773 | $ | 4,305,179 | $ | 7,090,566 | $ | 3,765,288 | ||||||||
| Net realized gain/(loss) on investments | (537,222 | ) | 1,045,907 | (145,952 | ) | (461,565 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (366,601 | ) | 2,191,941 | (1,319,460 | ) | 2,982,979 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 3,206,950 | 7,543,027 | 5,625,154 | 6,286,702 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (4,315,894 | ) | (4,150,759 | ) | (7,428,315 | ) | (3,279,475 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 8,334,543 | 64,498,700 | 17,375,125 | 77,171,915 | ||||||||||||
| Cost of shares redeemed | (46,098,788 | ) | (26,741,290 | ) | (60,499,765 | ) | (1,644,690 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (37,764,245 | ) | 37,757,410 | (43,124,640 | ) | 75,527,225 | ||||||||||
| Increase/(decrease) in net assets | (38,873,189 | ) | 41,149,678 | (44,927,801 | ) | 78,534,452 | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 81,994,132 | 40,844,454 | 107,929,225 | 29,394,773 | ||||||||||||
| End of year | $ | 43,120,943 | $ | 81,994,132 | $ | 63,001,424 | $ | 107,929,225 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 2,150,000 | 1,150,000 | 3,100,000 | 900,000 | ||||||||||||
| Shares sold | 225,000 | 1,700,000 | 500,000 | 2,250,000 | ||||||||||||
| Shares redeemed | (1,250,000 | ) | (700,000 | ) | (1,800,000 | ) | (50,000 | ) | ||||||||
| Shares outstanding, end of year | 1,125,000 | 2,150,000 | 1,800,000 | 3,100,000 | ||||||||||||
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 Healthcare Sector ETF |
BondBloxx USD High Yield Bond Financial & REIT Sector ETF |
|||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 2,527,116 | $ | 2,521,902 | $ | 3,175,014 | $ | 3,174,554 | ||||||||
| Net realized gain/(loss) on investments | (295,400 | ) | 1,457,182 | 708,637 | 380,192 | |||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 306,528 | 1,270,042 | (746,965 | ) | 2,360,059 | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 2,538,244 | 5,249,126 | 3,136,686 | 5,914,805 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (2,642,882 | ) | (2,329,068 | ) | (3,334,279 | ) | (3,043,682 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 2,633,805 | 63,690,200 | 6,448,773 | 31,621,560 | ||||||||||||
| Cost of shares redeemed | (23,079,820 | ) | (30,083,830 | ) | (31,175,303 | ) | (5,676,945 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (20,446,015 | ) | 33,606,370 | (24,726,530 | ) | 25,944,615 | ||||||||||
| Increase/(decrease) in net assets | (20,550,653 | ) | 36,526,428 | (24,924,123 | ) | 28,815,738 | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 47,514,873 | 10,988,445 | 58,221,392 | 29,405,654 | ||||||||||||
| End of year | $ | 26,964,220 | $ | 47,514,873 | $ | 33,297,269 | $ | 58,221,392 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 1,350,000 | 350,000 | 1,550,000 | 850,000 | ||||||||||||
| Shares sold | 75,000 | 1,850,000 | 175,000 | 850,000 | ||||||||||||
| Shares redeemed | (675,000 | ) | (850,000 | ) | (850,000 | ) | (150,000 | ) | ||||||||
| Shares outstanding, end of year | 750,000 | 1,350,000 | 875,000 | 1,550,000 | ||||||||||||
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 Energy Sector ETF |
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF |
|||||||||||||||
| For
the Year Ended October 31, 2025 |
For the 2024 |
For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 862,739 | $ | 2,838,821 | $ | 3,422,896 | $ | 3,151,573 | ||||||||
| Net realized gain/(loss) on investments | (215,704 | ) | 1,457,116 | (959,973 | ) | 602,425 | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 21,331 | 415,664 | (445,494 | ) | 1,251,658 | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 668,366 | 4,711,601 | 2,017,429 | 5,005,656 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (870,674 | ) | (2,889,467 | ) | (3,645,163 | ) | (2,907,383 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 7,411,120 | 60,260,735 | 7,286,213 | 59,638,510 | ||||||||||||
| Cost of shares redeemed | (9,145,825 | ) | (68,923,500 | ) | (46,066,888 | ) | (13,121,760 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | (1,734,705 | ) | (8,662,765 | ) | (38,780,675 | ) | 46,516,750 | |||||||||
| Increase/(decrease) in net assets | (1,937,013 | ) | (6,840,631 | ) | (40,408,409 | ) | 48,615,023 | |||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 13,674,457 | 20,515,088 | 71,330,399 | 22,715,376 | ||||||||||||
| End of year | $ | 11,737,444 | $ | 13,674,457 | $ | 30,921,990 | $ | 71,330,399 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 352,500 | 552,500 | 1,900,000 | 650,000 | ||||||||||||
| Shares sold | 200,000 | 1,550,000 | 200,000 | 1,600,000 | ||||||||||||
| Shares redeemed | (250,000 | ) | (1,750,000 | ) | (1,275,000 | ) | (350,000 | ) | ||||||||
| Shares outstanding, end of year | 302,500 | 352,500 | 825,000 | 1,900,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
238
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For the 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,593,547 | $ | 879,509 | $ | 2,011,359 | $ | 2,319,662 | ||||||||
| Net realized gain/(loss) on investments | (68,131 | ) | (32,146 | ) | 71,399 | 314,588 | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (41,593 | ) | 682,035 | 193,249 | 1,506,932 | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 1,483,823 | 1,529,398 | 2,276,007 | 4,141,182 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,651,095 | ) | (788,908 | ) | (2,015,078 | ) | (2,374,535 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 9,282,445 | 19,078,280 | 3,896,553 | 10,186,841 | ||||||||||||
| Cost of shares redeemed | (19,397,690 | ) | – | (1,219,872 | ) | (12,349,493 | ) | |||||||||
| Net increase/(decrease) in net assets from capital transactions | (10,115,245 | ) | 19,078,280 | 2,676,681 | (2,162,652 | ) | ||||||||||
| Increase/(decrease) in net assets | (10,282,517 | ) | 19,818,770 | 2,937,610 | (396,005 | ) | ||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 30,461,391 | 10,642,621 | 28,171,777 | 28,567,782 | ||||||||||||
| End of year | $ | 20,178,874 | $ | 30,461,391 | $ | 31,109,387 | $ | 28,171,777 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 800,000 | 300,000 | 1,860,000 | 2,010,000 | ||||||||||||
| Shares sold | 250,000 | 500,000 | 260,000 | 680,000 | ||||||||||||
| Shares redeemed | (525,000 | ) | – | (80,000 | ) | (830,000 | ) | |||||||||
| Shares outstanding, end of year | 525,000 | 800,000 | 2,040,000 | 1,860,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
239
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 Year Ended October 31, 2025 |
For the 2024 |
For the 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 12,865,100 | $ | 3,618,729 | $ | 1,996,657 | $ | 1,146,359 | ||||||||
| Net realized gain/(loss) on investments | 1,960,512 | (66,191 | ) | (188,686 | ) | (124,812 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 3,144,938 | 3,645,457 | 62,208 | 958,463 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 17,970,550 | 7,197,995 | 1,870,179 | 1,980,010 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (11,313,073 | ) | (3,592,728 | ) | (1,900,804 | ) | (1,130,858 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 431,455,948 | 7,993,265 | 17,814,565 | 3,927,365 | ||||||||||||
| Cost of shares redeemed | (71,810,738 | ) | – | – | – | |||||||||||
| Net increase/(decrease) in net assets from capital transactions | 359,645,210 | 7,993,265 | 17,814,565 | 3,927,365 | ||||||||||||
| Increase/(decrease) in net assets | 366,302,687 | 11,598,532 | 17,783,940 | 4,776,517 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 60,673,309 | 49,074,777 | 17,829,725 | 13,053,208 | ||||||||||||
| End of year | $ | 426,975,996 | $ | 60,673,309 | $ | 35,613,665 | $ | 17,829,725 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 1,500,000 | 1,300,000 | 450,000 | 350,000 | ||||||||||||
| Shares sold | 10,600,000 | 200,000 | 450,000 | 100,000 | ||||||||||||
| Shares redeemed | (1,750,000 | ) | – | – | – | |||||||||||
| Shares outstanding, end of year | 10,350,000 | 1,500,000 | 900,000 | 450,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
240
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(1) |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 16,031,615 | $ | 6,236,459 | $ | 5,527,720 | $ | 1,179,731 | ||||||||
| Net realized gain/(loss) on investments | 1,254,199 | (857,965 | ) | 600,524 | 32,225 | |||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | (6,323,597 | ) | 4,123,310 | 1,526,315 | 486,847 | |||||||||||
| Net increase/(decrease) in net assets resulting from operations | 10,962,217 | 9,501,804 | 7,654,559 | 1,698,803 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (14,913,457 | ) | (5,483,094 | ) | (5,124,647 | ) | (919,365 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 228,752,295 | 86,475,075 | 145,258,485 | 62,740,120 | ||||||||||||
| Cost of shares redeemed | (75,785,267 | ) | (5,670,525 | ) | (25,415,830 | ) | – | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 152,967,028 | 80,804,550 | 119,842,655 | 62,740,120 | ||||||||||||
| Increase/(decrease) in net assets | 149,015,788 | 84,823,260 | 122,372,567 | 63,519,558 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 104,503,669 | 19,680,409 | 63,519,558 | – | ||||||||||||
| End of period | $ | 253,519,457 | $ | 104,503,669 | $ | 185,892,125 | $ | 63,519,558 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 2,650,000 | 550,000 | 1,250,000 | – | ||||||||||||
| Shares sold | 5,900,000 | 2,250,000 | 2,850,000 | 1,250,000 | ||||||||||||
| Shares redeemed | (2,000,000 | ) | (150,000 | ) | (500,000 | ) | – | |||||||||
| Shares outstanding, end of period | 6,550,000 | 2,650,000 | 3,600,000 | 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.
241
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 Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(2) |
For
the Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(2) |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 1,386,259 | $ | 205,920 | $ | 441,112 | $ | 249,830 | ||||||||
| Net realized gain/(loss) on investments | 217,652 | (1,872 | ) | (152,784 | ) | 6,237 | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 1,236,167 | (9,461 | ) | (49,283 | ) | 34,561 | ||||||||||
| Net increase/(decrease) in net assets resulting from operations | 2,840,078 | 194,587 | 239,045 | 290,628 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (1,186,980 | ) | (173,530 | ) | (460,219 | ) | (214,645 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 50,745,295 | 7,595,425 | 5,004,300 | 7,328,975 | ||||||||||||
| Cost of shares redeemed | (5,146,000 | ) | – | (7,242,320 | ) | – | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 45,599,295 | 7,595,425 | (2,238,020 | ) | 7,328,975 | |||||||||||
| Increase/(decrease) in net assets | 47,252,393 | 7,616,482 | (2,459,194 | ) | 7,404,958 | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 7,616,482 | – | 7,404,958 | – | ||||||||||||
| End of period | $ | 54,868,875 | $ | 7,616,482 | $ | 4,945,764 | $ | 7,404,958 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 150,000 | – | 150,000 | – | ||||||||||||
| Shares sold | 1,000,000 | 150,000 | 100,000 | 150,000 | ||||||||||||
| Shares redeemed | (100,000 | ) | – | (150,000 | ) | – | ||||||||||
| Shares outstanding, end of period | 1,050,000 | 150,000 | 100,000 | 150,000 | ||||||||||||
| (2) | 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.
242
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 22,667,139 | $ | 13,761,220 | $ | 58,344,301 | $ | 55,509,311 | ||||||||
| Net realized gain/(loss) on investments | 3,284,311 | 1,663,979 | 508,573 | 1,111,138 | ||||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 20,401,624 | 16,280,703 | 457,652 | 1,135,352 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 46,353,074 | 31,705,902 | 59,310,526 | 57,755,801 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (22,653,806 | ) | (13,454,640 | ) | (55,263,122 | ) | (56,714,301 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 246,136,035 | 75,504,760 | 1,372,484,260 | 641,133,646 | ||||||||||||
| Cost of shares redeemed | (10,535,370 | ) | (22,318,460 | ) | (599,186,504 | ) | (839,117,347 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 235,600,665 | 53,186,300 | 773,297,756 | (197,983,701 | ) | |||||||||||
| Increase/(decrease) in net assets | 259,299,933 | 71,437,562 | 777,345,160 | (196,942,201 | ) | |||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 254,856,330 | 183,418,768 | 899,942,800 | 1,096,885,001 | ||||||||||||
| End of year | $ | 514,156,263 | $ | 254,856,330 | $ | 1,677,287,960 | $ | 899,942,800 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 6,050,000 | 4,750,000 | 17,870,000 | 21,810,000 | ||||||||||||
| Shares sold | 5,750,000 | 1,850,000 | 27,300,000 | 12,760,000 | ||||||||||||
| Shares redeemed | (250,000 | ) | (550,000 | ) | (11,900,000 | ) | (16,700,000 | ) | ||||||||
| Shares outstanding, end of year | 11,550,000 | 6,050,000 | 33,270,000 | 17,870,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
243
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
|
BondBloxx Bloomberg One Year Target Duration US Treasury ETF |
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF |
|||||||||||||||
|
For the 2025 |
For the 2024 |
For the 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 26,745,861 | $ | 25,616,717 | $ | 5,801,177 | $ | 5,222,465 | ||||||||
| Net realized gain/(loss) on investments | (710,028 | ) | (823,627 | ) | 130,133 | (365,491 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 344,020 | 1,992,594 | 481,170 | 1,635,022 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 26,379,853 | 26,785,684 | 6,412,480 | 6,491,996 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (26,909,933 | ) | (25,788,925 | ) | (5,864,339 | ) | (5,054,888 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 388,203,185 | 364,720,110 | 41,956,145 | 84,523,977 | ||||||||||||
| Cost of shares redeemed | (259,954,417 | ) | (359,698,756 | ) | (42,317,572 | ) | (40,461,786 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 128,248,768 | 5,021,354 | (361,427 | ) | 44,062,191 | |||||||||||
| Increase/(decrease) in net assets | 127,718,688 | 6,018,113 | 186,714 | 45,499,299 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 533,244,686 | 527,226,573 | 150,528,829 | 105,029,530 | ||||||||||||
| End of year | $ | 660,963,374 | $ | 533,244,686 | $ | 150,715,543 | $ | 150,528,829 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 10,720,000 | 10,600,000 | 3,050,000 | 2,150,000 | ||||||||||||
| Shares sold | 7,830,000 | 7,350,000 | 850,000 | 1,720,000 | ||||||||||||
| Shares redeemed | (5,240,000 | ) | (7,230,000 | ) | (860,000 | ) | (820,000 | ) | ||||||||
| Shares outstanding, end of year | 13,310,000 | 10,720,000 | 3,040,000 | 3,050,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
244
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
|
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF |
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF |
|||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 5,740,340 | $ | 2,335,059 | $ | 6,646,403 | $ | 3,162,261 | ||||||||
| Net realized gain/(loss) on investments | 191,082 | (246,053 | ) | 2,601,969 | (431,463 | ) | ||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 1,909,888 | 371,980 | 2,683,693 | 1,008,714 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 7,841,310 | 2,460,986 | 11,932,065 | 3,739,512 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (5,438,148 | ) | (2,091,424 | ) | (6,126,084 | ) | (2,880,621 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 139,726,557 | 74,850,057 | 895,545,792 | 95,850,308 | ||||||||||||
| Cost of shares redeemed | (46,857,837 | ) | (3,414,716 | ) | (717,966,445 | ) | (11,238,815 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 92,868,720 | 71,435,341 | 177,579,347 | 84,611,493 | ||||||||||||
| Increase/(decrease) in net assets | 95,271,882 | 71,804,903 | 183,385,328 | 85,470,384 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 100,725,734 | 28,920,831 | 122,003,709 | 36,533,325 | ||||||||||||
| End of year | $ | 195,997,616 | $ | 100,725,734 | $ | 305,389,037 | $ | 122,003,709 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 2,050,000 | 600,000 | 2,510,000 | 780,000 | ||||||||||||
| Shares sold | 2,840,000 | 1,520,000 | 18,320,000 | 1,960,000 | ||||||||||||
| Shares redeemed | (960,000 | ) | (70,000 | ) | (14,680,000 | ) | (230,000 | ) | ||||||||
| Shares outstanding, end of year | 3,930,000 | 2,050,000 | 6,150,000 | 2,510,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
245
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
|
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF |
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF |
|||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 5,922,216 | $ | 4,879,225 | $ | 23,091,471 | $ | 6,749,206 | ||||||||
| Net realized gain/(loss) on investments | 1,356,315 | 1,581,129 | 5,199,008 | 736,813 | ||||||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,508,042 | 1,725,277 | 9,209,225 | 3,397,988 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 9,786,573 | 8,185,631 | 37,499,704 | 10,884,007 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (5,774,638 | ) | (4,558,289 | ) | (21,151,511 | ) | (6,063,656 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 117,986,790 | 115,311,800 | 807,119,293 | 223,876,177 | ||||||||||||
| Cost of shares redeemed | (57,801,709 | ) | (62,758,450 | ) | (265,181,451 | ) | (35,263,199 | ) | ||||||||
| Net increase/(decrease) in net assets from capital transactions | 60,185,081 | 52,553,350 | 541,937,842 | 188,612,978 | ||||||||||||
| Increase/(decrease) in net assets | 64,197,016 | 56,180,692 | 558,286,035 | 193,433,329 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of year | 109,831,219 | 53,650,527 | 236,043,777 | 42,610,448 | ||||||||||||
| End of year | $ | 174,028,235 | $ | 109,831,219 | $ | 794,329,812 | $ | 236,043,777 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of year | 2,320,000 | 1,190,000 | 5,100,000 | 990,000 | ||||||||||||
| Shares sold | 2,500,000 | 2,440,000 | 17,610,000 | 4,870,000 | ||||||||||||
| Shares redeemed | (1,220,000 | ) | (1,310,000 | ) | (5,770,000 | ) | (760,000 | ) | ||||||||
| Shares outstanding, end of year | 3,600,000 | 2,320,000 | 16,940,000 | 5,100,000 | ||||||||||||
The accompanying notes are an integral part of these financial statements.
246
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
|
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF |
BondBloxx IR+M
Tax-Aware |
|||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(3) |
|||||||||||||
| OPERATIONS: | ||||||||||||||||
| Net investment income/(loss) | $ | 2,873,982 | $ | 1,424,676 | $ | 6,073,948 | $ | 1,549,506 | ||||||||
| Net realized gain/(loss) on investments | (3,692,846 | ) | (1,982,008 | ) | 92,938 | (79,673 | ) | |||||||||
| Net change in unrealized appreciation/(depreciation) on investments | 2,112,556 | 2,757,832 | 1,138,759 | 348,616 | ||||||||||||
| Net increase/(decrease) in net assets resulting from operations | 1,293,692 | 2,200,500 | 7,305,645 | 1,818,449 | ||||||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
| Distributions from distributable earnings | (2,762,120 | ) | (1,309,183 | ) | (5,743,362 | ) | (1,241,375 | ) | ||||||||
| CAPITAL TRANSACTIONS: | ||||||||||||||||
| Proceeds from shares sold | 53,875,280 | 45,412,326 | 125,420,787 | 105,341,747 | ||||||||||||
| Cost of shares redeemed | (19,061,138 | ) | (17,380,827 | ) | – | – | ||||||||||
| Net increase/(decrease) in net assets from capital transactions | 34,814,142 | 28,031,499 | 125,420,787 | 105,341,747 | ||||||||||||
| Increase/(decrease) in net assets | 33,345,714 | 28,922,816 | 126,983,070 | 105,918,821 | ||||||||||||
| NET ASSETS: | ||||||||||||||||
| Beginning of period | 52,012,310 | 23,089,494 | 105,918,821 | – | ||||||||||||
| End of period | $ | 85,358,024 | $ | 52,012,310 | $ | 232,901,891 | $ | 105,918,821 | ||||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||||||
| Shares outstanding, beginning of period | 1,260,000 | 630,000 | 2,100,000 | – | ||||||||||||
| Shares sold | 1,400,000 | 1,040,000 | 2,480,000 | 2,100,000 | ||||||||||||
| Shares redeemed | (500,000 | ) | (410,000 | ) | – | – | ||||||||||
| Shares outstanding, end of period | 2,160,000 | 1,260,000 | 4,580,000 | 2,100,000 | ||||||||||||
| (3) | 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.
247
BONDBLOXX ETF TRUST
Statements of Changes in Net Assets (Continued)
|
BondBloxx |
BondBloxx |
BondBloxx
|
||||||||||
| For
the Period Ended October 31, 2025(4) |
For
the Period Ended October 31, 2025(4) |
For
the Period Ended October 31, 2025(5) |
||||||||||
| OPERATIONS: | ||||||||||||
| Net investment income/(loss) | $ | 258,997 | $ | 179,670 | $ | 6,541,465 | ||||||
| Net realized gain/(loss) on investments | (16,864 | ) | (10,099 | ) | (16,613 | ) | ||||||
| Net change in unrealized appreciation/(depreciation) on investments | 194,805 | 136,929 | (1,324,750 | ) | ||||||||
| Net increase/(decrease) in net assets resulting from operations | 436,938 | 306,500 | 5,200,102 | |||||||||
| DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||
| Distributions from distributable earnings | (216,391 | ) | (139,521 | ) | (5,896,989 | ) | ||||||
| CAPITAL TRANSACTIONS: | ||||||||||||
| Proceeds from shares sold | 15,509,574 | 13,950,562 | 172,795,205 | |||||||||
| Net increase/(decrease) in net assets from capital transactions | 15,509,574 | 13,950,562 | 172,795,205 | |||||||||
| Increase/(decrease) in net assets | 15,730,121 | 14,117,541 | 172,098,318 | |||||||||
| NET ASSETS: | ||||||||||||
| Beginning of period | – | – | – | |||||||||
| End of period | $ | 15,730,121 | $ | 14,117,541 | $ | 172,098,318 | ||||||
| CHANGES IN SHARES OUTSTANDING: | ||||||||||||
| Shares outstanding, beginning of period | – | – | – | |||||||||
| Shares sold | 310,000 | 280,000 | 3,420,000 | |||||||||
| Shares redeemed | – | – | – | |||||||||
| Shares outstanding, end of period | 310,000 | 280,000 | 3,420,000 | |||||||||
| (4) | Funds commenced operations on March 11, 2025. Shares of TXXI and TAXM were listed on the NYSE Arca, Inc. on March 13, 2025. | |
| (5) | 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.
248
BONDBLOXX ETF TRUST
Financial Highlights
For a share outstanding throughout the period presented.
| BondBloxx USD High Yield Bond Industrial Sector ETF |
||||||||||||||||
| For
the Year Ended October 31, 2025 |
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) | 2.45 | 2.67 | 2.65 | 1.55 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments(3) | 0.21 | 2.62 | (0.59 | ) | (4.25 | ) | ||||||||||
| Total income/(loss) from operations | 2.66 | 5.29 | 2.06 | (2.70 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.47 | ) | (2.67 | ) | (2.29 | ) | (1.44 | ) | ||||||||
| Total distributions | (2.47 | ) | (2.67 | ) | (2.29 | ) | (1.44 | ) | ||||||||
| Net Asset Value, end of period | $ | 38.33 | $ | 38.14 | $ | 35.52 | $ | 35.75 | ||||||||
| Market Value, end of period | $ | 38.34 | $ | 38.09 | $ | 35.60 | $ | 35.71 | ||||||||
| Total Return at Net Asset Value(4) | 7.26 | % | 15.31 | % | 5.77 | % | (6.81 | )% | ||||||||
| Total Return at Market Value(5) | 7.43 | % | 14.88 | % | 6.12 | % | (6.88 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 43.1 | $ | 82.0 | $ | 40.8 | $ | 3.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 6.48 | % | 7.07 | % | 7.23 | % | 5.87 | %(8) | ||||||||
| Portfolio turnover rate(7) | 28 | % | 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) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the period. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | 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 Telecom, Media & Technology Sector ETF |
||||||||||||||||
| For
the Year Ended October 31, 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 | $ | 34.82 | $ | 32.66 | $ | 34.79 | $ | 39.65 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.66 | 2.92 | 2.92 | 1.54 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments(3) | 0.21 | 2.09 | (2.60 | ) | (5.05 | ) | ||||||||||
| Total income/(loss) from operations | 2.87 | 5.01 | 0.32 | (3.51 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.69 | ) | (2.85 | ) | (2.45 | ) | (1.35 | ) | ||||||||
| Total distributions | (2.69 | ) | (2.85 | ) | (2.45 | ) | (1.35 | ) | ||||||||
| Net Asset Value, end of period | $ | 35.00 | $ | 34.82 | $ | 32.66 | $ | 34.79 | ||||||||
| Market Value, end of period | $ | 35.06 | $ | 34.89 | $ | 32.77 | $ | 34.73 | ||||||||
| Total Return at Net Asset Value(4) | 8.64 | % | 16.02 | % | 0.89 | % | (8.96 | )% | ||||||||
| Total Return at Market Value(5) | 8.60 | % | 15.84 | % | 1.39 | % | (9.03 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 63.0 | $ | 107.9 | $ | 29.4 | $ | 3.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 7.70 | % | 8.53 | % | 8.60 | % | 5.93 | %(8) | ||||||||
| Portfolio turnover rate(7) | 41 | % | 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) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the period. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | 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 Healthcare Sector ETF |
||||||||||||||||
|
For the |
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) | 2.42 | 2.52 | 2.70 | 1.62 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.78 | 3.74 | (0.94 | ) | (7.58 | ) | ||||||||||
| Total income/(loss) from operations | 3.20 | 6.26 | 1.76 | (5.96 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.45 | ) | (2.46 | ) | (3.00 | ) | (1.24 | ) | ||||||||
| Total distributions | (2.45 | ) | (2.46 | ) | (3.00 | ) | (1.24 | ) | ||||||||
| Net Asset Value, end of period | $ | 35.95 | $ | 35.20 | $ | 31.40 | $ | 32.64 | ||||||||
| Market Value, end of period | $ | 35.99 | $ | 35.15 | $ | 31.49 | $ | 32.52 | ||||||||
| Total Return at Net Asset Value(4) | 9.52 | % | 20.50 | % | 5.36 | % | (15.19 | )% | ||||||||
| Total Return at Market Value(5) | 9.80 | % | 19.96 | % | 6.03 | % | (15.47 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 27.0 | $ | 47.5 | $ | 11.0 | $ | 8.2 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 6.90 | % | 7.20 | % | 8.23 | % | 6.39 | %(8) | ||||||||
| Portfolio turnover rate(7) | 27 | % | 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. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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 Financial & REIT Sector ETF |
||||||||||||||||
| For
the Year Ended October 31, 2025 |
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) | 2.53 | 2.72 | 2.74 | 1.46 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments(3) | 0.53 | 2.96 | (0.70 | ) | (4.86 | ) | ||||||||||
| Total income/(loss) from operations | 3.06 | 5.68 | 2.04 | (3.40 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.57 | ) | (2.71 | ) | (2.44 | ) | (1.35 | ) | ||||||||
| Total distributions | (2.57 | ) | (2.71 | ) | (2.44 | ) | (1.35 | ) | ||||||||
| Net Asset Value, end of period | $ | 38.05 | $ | 37.56 | $ | 34.59 | $ | 34.99 | ||||||||
| Market Value, end of period | $ | 38.08 | $ | 37.47 | $ | 34.68 | $ | 34.99 | ||||||||
| Total Return at Net Asset Value(4) | 8.46 | % | 16.89 | % | 5.91 | % | (8.65 | )% | ||||||||
| Total Return at Market Value(5) | 8.80 | % | 16.29 | % | 6.17 | % | (8.72 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 33.3 | $ | 58.2 | $ | 29.4 | $ | 3.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 6.76 | % | 7.34 | % | 7.71 | % | 5.57 | %(8) | ||||||||
| Portfolio turnover rate(7) | 37 | % | 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) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the period. | |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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 Energy Sector ETF |
||||||||||||||||
| For
the Year Ended October 31, 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 | $ | 38.79 | $ | 37.13 | $ | 37.12 | $ | 39.62 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.55 | 2.64 | 2.58 | 1.62 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments(3) | – | 1.83 | (0.14 | ) | (2.74 | ) | ||||||||||
| Total income/(loss) from operations | 2.55 | 4.47 | 2.44 | (1.12 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.54 | ) | (2.81 | ) | (2.43 | ) | (1.38 | ) | ||||||||
| Total distributions | (2.54 | ) | (2.81 | ) | (2.43 | ) | (1.38 | ) | ||||||||
| Net Asset Value, end of period | $ | 38.80 | $ | 38.79 | $ | 37.13 | $ | 37.12 | ||||||||
| Market Value, end of period | $ | 38.74 | $ | 38.79 | $ | 37.23 | $ | 36.97 | ||||||||
| Total Return at Net Asset Value(4) | 6.84 | % | 12.32 | % | 6.73 | % | (2.84 | )% | ||||||||
| Total Return at Market Value(5) | 6.66 | % | 11.99 | % | 7.43 | % | (3.19 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 11.7 | $ | 13.7 | $ | 20.5 | $ | 7.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 6.62 | % | 6.77 | % | 6.85 | % | 6.03 | %(8) | ||||||||
| Portfolio turnover rate(7) | 28 | % | 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) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the period. | |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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 Cyclicals Sector ETF |
||||||||||||||||
| For
the Year Ended October 31, 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 | $ | 37.54 | $ | 34.95 | $ | 34.63 | $ | 39.87 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.44 | 2.59 | 2.70 | 1.57 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.02 | ) | 2.55 | 0.02 | (5.49 | ) | ||||||||||
| Total income/(loss) from operations | 2.42 | 5.14 | 2.72 | (3.92 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.48 | ) | (2.55 | ) | (2.40 | ) | (1.32 | ) | ||||||||
| Total distributions | (2.48 | ) | (2.55 | ) | (2.40 | ) | (1.32 | ) | ||||||||
| Net Asset Value, end of period | $ | 37.48 | $ | 37.54 | $ | 34.95 | $ | 34.63 | ||||||||
| Market Value, end of period | $ | 37.48 | $ | 37.47 | $ | 35.03 | $ | 34.45 | ||||||||
| Total Return at Net Asset Value(4) | 6.71 | % | 15.09 | % | 7.98 | % | (9.96 | )% | ||||||||
| Total Return at Market Value(5) | 6.90 | % | 14.60 | % | 8.77 | % | (10.54 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 30.9 | $ | 71.3 | $ | 22.7 | $ | 6.9 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 6.57 | % | 6.92 | % | 7.53 | % | 6.05 | %(8) | ||||||||
| Portfolio turnover rate(7) | 38 | % | 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. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | 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 Consumer Non-Cyclicals Sector ETF |
||||||||||||||||
| For
the Year Ended October 31, 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 | $ | 38.08 | $ | 35.48 | $ | 35.66 | $ | 39.80 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.26 | 2.45 | 2.31 | 1.44 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments(3) | 0.36 | 2.58 | (0.40 | ) | (4.33 | ) | ||||||||||
| Total income/(loss) from operations | 2.62 | 5.03 | 1.91 | (2.89 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.26 | ) | (2.43 | ) | (2.09 | ) | (1.25 | ) | ||||||||
| Total distributions | (2.26 | ) | (2.43 | ) | (2.09 | ) | (1.25 | ) | ||||||||
| Net Asset Value, end of period | $ | 38.44 | $ | 38.08 | $ | 35.48 | $ | 35.66 | ||||||||
| Market Value, end of period | $ | 38.44 | $ | 38.09 | $ | 35.62 | $ | 35.62 | ||||||||
| Total Return at Net Asset Value(4) | 7.16 | % | 14.54 | % | 5.40 | % | (7.32 | )% | ||||||||
| Total Return at Market Value(5) | 7.12 | % | 14.10 | % | 5.92 | % | (7.55 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 20.2 | $ | 30.5 | $ | 10.6 | $ | 5.3 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.35 | % | 0.35 | % | 0.35 | % | 0.35 | %(8) | ||||||||
| Net investment income/(loss)(6) | 5.98 | % | 6.49 | % | 6.34 | % | 5.47 | %(8) | ||||||||
| Portfolio turnover rate(7) | 28 | % | 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) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the period. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | Annualized. |
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 USD High Yield Bond Sector Rotation ETF(9) |
||||||||||||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Period Ended October 31, 2023(10) |
For
the Year Ended June 30, 2023 |
For
the Year Ended June 30, 2022 |
For
the Year Ended June 30, 2021 |
|||||||||||||||||||
| Net Asset Value, beginning of period | $ | 15.15 | $ | 14.21 | $ | 14.62 | $ | 14.68 | $ | 16.15 | $ | 15.72 | ||||||||||||
| Income/(loss) from operations: | ||||||||||||||||||||||||
| Net investment income/(loss)(2) | 1.00 | 1.06 | 0.28 | 1.06 | 0.43 | 0.43 | ||||||||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.11 | 0.97 | (0.44 | ) | 0.00 | (11) | (1.38 | ) | 0.36 | |||||||||||||||
| Total income/(loss) from operations | 1.11 | 2.03 | (0.16 | ) | 1.06 | (0.95 | ) | 0.79 | ||||||||||||||||
| Distributions to shareholders: | ||||||||||||||||||||||||
| Net investment income | (1.01 | ) | (1.09 | ) | (0.25 | ) | (1.09 | ) | (0.52 | ) | (0.36 | ) | ||||||||||||
| Return of capital | – | – | – | (0.03 | ) | (0.00 | )(11) | – | ||||||||||||||||
| Total distributions | (1.01 | ) | (1.09 | ) | (0.25 | ) | (1.12 | ) | (0.52 | ) | (0.36 | ) | ||||||||||||
| Net Asset Value, end of period | $ | 15.25 | $ | 15.15 | $ | 14.21 | $ | 14.62 | $ | 14.68 | $ | 16.15 | ||||||||||||
| Market Value, end of period | $ | 15.26 | $ | 15.17 | $ | 14.16 | $ | 14.66 | $ | 14.72 | $ | 16.14 | ||||||||||||
| Total Return at Net Asset Value(4) | 7.63 | % | 14.75 | % | (1.14 | )% | 7.44 | % | (6.07 | )% | 5.08 | % | ||||||||||||
| Total Return at Market Value(5) | 7.56 | % | 15.31 | % | (1.70 | )% | 7.44 | % | (5.76 | )% | 4.82 | % | ||||||||||||
| Net Assets, end of period (millions) | $ | 31.1 | $ | 28.2 | $ | 28.6 | $ | 26.3 | $ | 33.8 | $ | 43.6 | ||||||||||||
| Ratios to average net assets: | ||||||||||||||||||||||||
| Gross operating expenses | 0.76 | %(12) | 0.75 | %(12) | 0.90 | %(8)(12) | 1.31 | % | 0.76 | % | 1.36 | % | ||||||||||||
| Excluded from Expense Cap - Expedited settlement facility fees | – | % | – | % | – | % | – | % | 0.01 | % | 0.11 | % | ||||||||||||
| Total operating expenses (net of waiver/reimbursement, if applicable, but gross of all other operating expenses) | 0.20 | %(12) | 0.20 | %(12) | 0.41 | %(8)(12) | 0.55 | % | 0.56 | % | 0.66 | % | ||||||||||||
| Net investment income/(loss)(6) | 6.65 | % | 7.13 | % | 5.80 | %(8) | 7.18 | % | 2.73 | % | 2.68 | % | ||||||||||||
| Portfolio turnover rate(7) | 28 | % | 25 | % | 107 | %(13) | 123 | % | 157 | % | 215 | % | ||||||||||||
| (2) | Based on average daily shares outstanding. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | Annualized. | |
| (9) | The Fund acquired the assets and liabilities of the Predecessor ETF, a series of the NexPoint Funds I, at the close of business on September 15, 2023. As a result of the reorganization, the Fund is the accounting successor of the Predecessor ETF. Financial information above for the periods prior to September 16, 2023, reflect the performance of the Predecessor ETF. Prior to September 16, 2023, the Predecessor 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. | |
| (10) | Fiscal year end changed from June 30, 2023 to October 31, 2023. | |
| (11) | Amount represents less than $0.005 per share. | |
| (12) | Does not include expenses of the investment companies in which the Fund invests. | |
| (13) | Portfolio turnover rate related to the change in investment strategy and re-balancing is 107%. |
The accompanying notes are an integral part of these financial statements.
256
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 |
For the 2024 |
For the 2023 |
For
the 2022(14) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 40.45 | $ | 37.75 | $ | 38.53 | $ | 40.17 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.44 | 2.57 | 2.48 | 1.04 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.66 | 2.69 | (0.82 | ) | (1.87 | ) | ||||||||||
| Total income/(loss) from operations | 3.10 | 5.26 | 1.66 | (0.83 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.30 | ) | (2.56 | ) | (2.44 | ) | (0.81 | ) | ||||||||
| Total distributions | (2.30 | ) | (2.56 | ) | (2.44 | ) | (0.81 | ) | ||||||||
| Net Asset Value, end of period | $ | 41.25 | $ | 40.45 | $ | 37.75 | $ | 38.53 | ||||||||
| Market Value, end of period | $ | 41.44 | $ | 40.53 | $ | 37.86 | $ | 38.47 | ||||||||
| Total Return at Net Asset Value(4) | 7.94 | % | 14.26 | % | 4.33 | % | (2.07 | )% | ||||||||
| Total Return at Market Value(5) | 8.21 | % | 14.13 | % | 4.78 | % | (5.57 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 427.0 | $ | 60.7 | $ | 49.1 | $ | 42.4 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.20 | % | 0.20 | % | 0.20 | % | 0.20 | %(8) | ||||||||
| Net investment income/(loss)(6) | 5.98 | % | 6.42 | % | 6.40 | % | 6.03 | %(8) | ||||||||
| Portfolio turnover rate(7) | 39 | % | 39 | % | 29 | % | 13 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (14) | 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.
257
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 |
For the 2024 |
For the 2023 |
For
the 2022(14) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 39.62 | $ | 37.29 | $ | 38.39 | $ | 40.08 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.86 | 3.08 | 3.13 | 1.35 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.13 | ) | 2.34 | (1.11 | ) | (1.94 | ) | |||||||||
| Total income/(loss) from operations | 2.73 | 5.42 | 2.02 | (0.59 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.78 | ) | (3.09 | ) | (3.12 | ) | (1.10 | ) | ||||||||
| Total distributions | (2.78 | ) | (3.09 | ) | (3.12 | ) | (1.10 | ) | ||||||||
| Net Asset Value, end of period | $ | 39.57 | $ | 39.62 | $ | 37.29 | $ | 38.39 | ||||||||
| Market Value, end of period | $ | 39.57 | $ | 39.66 | $ | 37.39 | $ | 38.33 | ||||||||
| Total Return at Net Asset Value(4) | 7.19 | % | 14.98 | % | 5.35 | % | (1.45 | )% | ||||||||
| Total Return at Market Value(5) | 7.07 | % | 14.76 | % | 5.77 | % | (5.16 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 35.6 | $ | 17.8 | $ | 13.1 | $ | 11.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.30 | % | 0.30 | % | 0.30 | % | 0.30 | %(8) | ||||||||
| Net investment income/(loss)(6) | 7.26 | % | 7.84 | % | 8.15 | % | 7.87 | %(8) | ||||||||
| Portfolio turnover rate(7) | 45 | % | 55 | % | 31 | % | 8 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (14) | 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.
258
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 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For the Period Ended October 31, 2022(14) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 39.44 | $ | 35.78 | $ | 37.50 | $ | 40.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 4.04 | 4.44 | 4.56 | 1.99 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (0.83 | ) | 3.42 | (1.77 | ) | (3.01 | ) | |||||||||
| Total income/(loss) from operations | 3.21 | 7.86 | 2.79 | (1.02 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (3.94 | ) | (4.20 | ) | (4.51 | ) | (1.48 | ) | ||||||||
| Total distributions | (3.94 | ) | (4.20 | ) | (4.51 | ) | (1.48 | ) | ||||||||
| Net Asset Value, end of period | $ | 38.71 | $ | 39.44 | $ | 35.78 | $ | 37.50 | ||||||||
| Market Value, end of period | $ | 38.68 | $ | 39.49 | $ | 35.83 | $ | 37.45 | ||||||||
| Total Return at Net Asset Value(4) | 8.69 | % | 23.14 | % | 7.66 | % | (2.59 | )% | ||||||||
| Total Return at Market Value(5) | 8.44 | % | 23.07 | % | 7.91 | % | (5.63 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 253.5 | $ | 104.5 | $ | 19.7 | $ | 11.2 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.40 | % | 0.40 | % | 0.40 | % | 0.40 | %(8) | ||||||||
| Net investment income/(loss)(6) | 10.45 | % | 11.57 | % | 12.21 | % | 11.58 | %(8) | ||||||||
| Portfolio turnover rate(7) | 60 | % | 49 | % | 25 | % | 12 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (14) | 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.
259
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 Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(15) |
For
the Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(15) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 50.82 | $ | 50.15 | $ | 50.78 | $ | 50.02 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.42 | 2.00 | 2.60 | 1.98 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.75 | 0.21 | 1.43 | 0.46 | ||||||||||||
| Total income/(loss) from operations | 3.17 | 2.21 | 4.03 | 2.44 | ||||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.35 | ) | (1.54 | ) | (2.55 | ) | (1.68 | ) | ||||||||
| Total distributions | (2.35 | ) | (1.54 | ) | (2.55 | ) | (1.68 | ) | ||||||||
| Net Asset Value, end of period | $ | 51.64 | $ | 50.82 | $ | 52.26 | $ | 50.78 | ||||||||
| Market Value, end of period | $ | 51.67 | $ | 50.83 | $ | 52.20 | $ | 50.72 | ||||||||
| Total Return at Net Asset Value(4) | 6.41 | % | 4.47 | % | 8.18 | % | 4.96 | % | ||||||||
| Total Return at Market Value(5) | 6.45 | % | 4.31 | % | 8.19 | % | 4.48 | % | ||||||||
| Net Assets, end of period (millions) | $ | 185.9 | $ | 63.5 | $ | 54.9 | $ | 7.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.19 | % | 0.19 | %(8) | 0.19 | % | 0.19 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.72 | % | 5.07 | %(8) | 5.02 | % | 5.03 | %(8) | ||||||||
| Portfolio turnover rate(7) | 34 | % | 21 | % | 45 | % | 27 | % | ||||||||
| (2) | Based on average daily shares outstanding. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | Annualized. | |
| (15) | 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.
260
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF |
||||||||
| For
the Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(15) |
|||||||
| Net Asset Value, beginning of period | $ | 49.37 | $ | 49.54 | ||||
| Income/(loss) from operations: | ||||||||
| Net investment income/(loss)(2) | 2.73 | 2.15 | ||||||
| Net realized and unrealized gain/(loss) on investments(3) | 0.14 | (0.52 | ) | |||||
| Total income/(loss) from operations | 2.87 | 1.63 | ||||||
| Distributions to shareholders: | ||||||||
| Net investment income | (2.78 | ) | (1.80 | ) | ||||
| Total distributions | (2.78 | ) | (1.80 | ) | ||||
| Net Asset Value, end of period | $ | 49.46 | $ | 49.37 | ||||
| Market Value, end of period | $ | 49.36 | $ | 49.26 | ||||
| Total Return at Net Asset Value(4) | 6.11 | % | 3.37 | % | ||||
| Total Return at Market Value(5) | 6.14 | % | 2.50 | % | ||||
| Net Assets, end of period (millions) | $ | 4.9 | $ | 7.4 | ||||
| Ratios to average net assets: | ||||||||
| Expenses | 0.19 | % | 0.19 | %(8) | ||||
| Net investment income/(loss)(6) | 5.66 | % | 5.56 | %(8) | ||||
| Portfolio turnover rate(7) | 28 | % | 25 | % | ||||
| (2) | Based on average daily shares outstanding. | |
| (3) | Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period and may not reconcile with the aggregate gains and losses in the Statement of Operations due to share transactions for the period. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | Annualized. | |
| (15) | 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.
261
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 |
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) | 2.67 | 2.60 | 2.52 | 0.83 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 2.47 | 3.50 | 0.68 | (2.32 | ) | |||||||||||
| Total income/(loss) from operations | 5.14 | 6.10 | 3.20 | (1.49 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.75 | ) | (2.58 | ) | (2.50 | ) | (0.60 | ) | ||||||||
| Total distributions | (2.75 | ) | (2.58 | ) | (2.50 | ) | (0.60 | ) | ||||||||
| Net Asset Value, end of period | $ | 44.52 | $ | 42.13 | $ | 38.61 | $ | 37.91 | ||||||||
| Market Value, end of period | $ | 44.57 | $ | 42.14 | $ | 38.61 | $ | 37.67 | ||||||||
| Total Return at Net Asset Value(4) | 12.72 | % | 16.21 | % | 8.50 | % | (3.78 | )% | ||||||||
| Total Return at Market Value(5) | 12.81 | % | 16.22 | % | 9.17 | % | (4.32 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 514.2 | $ | 254.9 | $ | 183.4 | $ | 168.7 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.29 | % | 0.29 | % | 0.29 | % | 0.29 | %(8) | ||||||||
| Net investment income/(loss)(6) | 6.23 | % | 6.31 | % | 6.37 | % | 6.09 | %(8) | ||||||||
| Portfolio turnover rate(7) | 28 | % | 22 | % | 23 | % | 9 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (16) | 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.
262
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(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 50.36 | $ | 50.29 | $ | 50.09 | $ | 50.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.11 | 2.55 | 2.53 | 0.25 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.02 | 0.10 | (0.30 | ) | (0.16 | ) | ||||||||||
| Total income/(loss) from operations | 2.13 | 2.65 | 2.23 | 0.09 | ||||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.08 | ) | (2.58 | ) | (2.03 | ) | – | |||||||||
| Total distributions | (2.08 | ) | (2.58 | ) | (2.03 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 50.41 | $ | 50.36 | $ | 50.29 | $ | 50.09 | ||||||||
| Market Value, end of period | $ | 50.42 | $ | 50.36 | $ | 50.31 | $ | 50.13 | ||||||||
| Total Return at Net Asset Value(4) | 4.32 | % | 5.41 | % | 4.55 | % | 0.18 | % | ||||||||
| Total Return at Market Value(5) | 4.34 | % | 5.36 | % | 4.50 | % | 0.22 | % | ||||||||
| Net Assets, end of period (millions) | $ | 1,677.3 | $ | 899.9 | $ | 1,096.9 | $ | 50.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.03 | % | 0.03 | % | 0.03 | % | 0.03 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.17 | % | 5.09 | % | 5.02 | % | 3.53 | %(8) | ||||||||
| Portfolio turnover rate(7) | – | % | – | % | – | % | 24 | % | ||||||||
| (2) | Based on average daily shares outstanding. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | Annualized. | |
| (17) | 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.
263
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 Year
Ended |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 49.74 | $ | 49.74 | $ | 49.90 | $ | 50.00 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.19 | 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 | 2.16 | 2.67 | 1.95 | (0.10 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.24 | ) | (2.67 | ) | (2.11 | ) | – | |||||||||
| Total distributions | (2.24 | ) | (2.67 | ) | (2.11 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.66 | $ | 49.74 | $ | 49.74 | $ | 49.90 | ||||||||
| Market Value, end of period | $ | 49.67 | $ | 49.74 | $ | 49.76 | $ | 49.91 | ||||||||
| Total Return at Net Asset Value(4) | 4.45 | % | 5.52 | % | 4.01 | % | (0.20 | )% | ||||||||
| Total Return at Market Value(5) | 4.47 | % | 5.47 | % | 4.02 | % | (0.14 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 661.0 | $ | 533.2 | $ | 527.2 | $ | 39.4 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.03 | % | 0.03 | % | 0.03 | % | 0.03 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.42 | % | 5.23 | % | 5.00 | % | 3.83 | %(8) | ||||||||
| Portfolio turnover rate(7) | 69 | % | 66 | % | 85 | % | 19 | % | ||||||||
| (2) | Based on average daily shares outstanding. | |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
264
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 October 31, |
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) | 2.10 | 2.23 | 2.09 | 0.26 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.27 | 0.54 | (0.75 | ) | (0.71 | ) | ||||||||||
| Total income/(loss) from operations | 2.37 | 2.77 | 1.34 | (0.45 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.14 | ) | (2.27 | ) | (1.98 | ) | – | |||||||||
| Total distributions | (2.14 | ) | (2.27 | ) | (1.98 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.58 | $ | 49.35 | $ | 48.85 | $ | 49.49 | ||||||||
| Market Value, end of period | $ | 49.58 | $ | 49.37 | $ | 48.87 | $ | 49.48 | ||||||||
| Total Return at Net Asset Value(4) | 4.93 | % | 5.79 | % | 2.76 | % | (0.90 | )% | ||||||||
| Total Return at Market Value(5) | 4.88 | % | 5.79 | % | 2.82 | % | (0.74 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 150.7 | $ | 150.5 | $ | 105.0 | $ | 36.6 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.26 | % | 4.53 | % | 4.21 | % | 3.74 | %(8) | ||||||||
| Portfolio turnover rate(7) | 55 | % | 66 | % | 68 | % | 12 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
265
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 49.13 | $ | 48.20 | $ | 49.14 | $ | 49.86 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.00 | 2.16 | 1.99 | 0.28 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.68 | 0.83 | (0.92 | ) | (1.00 | ) | ||||||||||
| Total income/(loss) from operations | 2.68 | 2.99 | 1.07 | (0.72 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.94 | ) | (2.06 | ) | (2.01 | ) | – | |||||||||
| Total distributions | (1.94 | ) | (2.06 | ) | (2.01 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.87 | $ | 49.13 | $ | 48.20 | $ | 49.14 | ||||||||
| Market Value, end of period | $ | 49.88 | $ | 49.11 | $ | 48.21 | $ | 49.12 | ||||||||
| Total Return at Net Asset Value(4) | 5.58 | % | 6.30 | % | 2.18 | % | (1.44 | )% | ||||||||
| Total Return at Market Value(5) | 5.64 | % | 6.24 | % | 2.24 | % | (1.25 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 196.0 | $ | 100.7 | $ | 28.9 | $ | 20.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.04 | % | 4.39 | % | 4.05 | % | 3.99 | %(8) | ||||||||
| Portfolio turnover rate(7) | 56 | % | 72 | % | 80 | % | 20 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
266
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 48.61 | $ | 46.84 | $ | 48.40 | $ | 49.77 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.90 | 1.97 | 1.83 | 0.24 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 1.18 | 1.68 | (1.56 | ) | (1.61 | ) | ||||||||||
| Total income/(loss) from operations | 3.08 | 3.65 | 0.27 | (1.37 | ) | |||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.03 | ) | (1.88 | ) | (1.83 | ) | – | |||||||||
| Total distributions | (2.03 | ) | (1.88 | ) | (1.83 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 49.66 | $ | 48.61 | $ | 46.84 | $ | 48.40 | ||||||||
| Market Value, end of period | $ | 49.67 | $ | 48.62 | $ | 46.86 | $ | 48.36 | ||||||||
| Total Return at Net Asset Value(4) | 6.48 | % | 7.88 | % | 0.46 | % | (2.75 | )% | ||||||||
| Total Return at Market Value(5) | 6.48 | % | 7.85 | % | 0.59 | % | (2.50 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 305.4 | $ | 122.0 | $ | 36.5 | $ | 20.3 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(8) | ||||||||
| Net investment income/(loss)(6) | 3.94 | % | 4.03 | % | 3.73 | % | 3.49 | %(8) | ||||||||
| Portfolio turnover rate(7) | 81 | % | 95 | % | 88 | % | 8 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
267
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 47.34 | $ | 45.08 | $ | 47.75 | $ | 49.70 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.98 | 2.00 | 1.77 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 1.02 | 2.10 | (2.66 | ) | (2.18 | ) | ||||||||||
| Total income/(loss) from operations | 3.00 | 4.10 | (0.89 | ) | (1.95 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (2.00 | ) | (1.84 | ) | (1.78 | ) | – | |||||||||
| Total distributions | (2.00 | ) | (1.84 | ) | (1.78 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 48.34 | $ | 47.34 | $ | 45.08 | $ | 47.75 | ||||||||
| Market Value, end of period | $ | 48.33 | $ | 47.32 | $ | 45.13 | $ | 47.68 | ||||||||
| Total Return at Net Asset Value(4) | 6.50 | % | 9.15 | % | (2.04 | )% | (3.92 | )% | ||||||||
| Total Return at Market Value(5) | 6.52 | % | 8.98 | % | (1.79 | )% | (3.75 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 174.0 | $ | 109.8 | $ | 53.7 | $ | 20.5 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.05 | % | 0.05 | % | 0.05 | % | 0.05 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.17 | % | 4.21 | % | 3.65 | % | 3.45 | %(8) | ||||||||
| Portfolio turnover rate(7) | 62 | % | 71 | % | 64 | % | 19 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
268
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the Year Ended October 31, 2023 |
For
the Period Ended October 31, 2022(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 46.28 | $ | 43.04 | $ | 46.67 | $ | 49.74 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 2.01 | 1.98 | 1.81 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | 0.48 | 3.11 | (3.64 | ) | (3.30 | ) | ||||||||||
| Total income/(loss) from operations | 2.49 | 5.09 | (1.83 | ) | (3.07 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.88 | ) | (1.85 | ) | (1.80 | ) | – | |||||||||
| Total distributions | (1.88 | ) | (1.85 | ) | (1.80 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 46.89 | $ | 46.28 | $ | 43.04 | $ | 46.67 | ||||||||
| Market Value, end of period | $ | 46.91 | $ | 46.27 | $ | 43.09 | $ | 46.60 | ||||||||
| Total Return at Net Asset Value(4) | 5.54 | % | 11.91 | % | (4.23 | )% | (6.17 | )% | ||||||||
| Total Return at Market Value(5) | 5.61 | % | 11.76 | % | (3.98 | )% | (6.03 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 794.3 | $ | 236.0 | $ | 42.6 | $ | 20.1 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.075 | % | 0.075 | % | 0.075 | % | 0.075 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.35 | % | 4.22 | % | 3.82 | % | 3.44 | %(8) | ||||||||
| Portfolio turnover rate(7) | 38 | % | 40 | % | 84 | % | 12 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
269
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 Year Ended October 31, 2025 |
For
the Year Ended October 31, 2024 |
For
the 2023 |
For
the 2022(17) |
|||||||||||||
| Net Asset Value, beginning of period | $ | 41.28 | $ | 36.65 | $ | 43.65 | $ | 49.78 | ||||||||
| Income/(loss) from operations: | ||||||||||||||||
| Net investment income/(loss)(2) | 1.82 | 1.81 | 1.74 | 0.23 | ||||||||||||
| Net realized and unrealized gain/(loss) on investments | (1.80 | ) | 4.61 | (6.98 | ) | (6.36 | ) | |||||||||
| Total income/(loss) from operations | 0.02 | 6.42 | (5.24 | ) | (6.13 | ) | ||||||||||
| Distributions to shareholders: | ||||||||||||||||
| Net investment income | (1.78 | ) | (1.79 | ) | (1.76 | ) | – | |||||||||
| Total distributions | (1.78 | ) | (1.79 | ) | (1.76 | ) | – | |||||||||
| Net Asset Value, end of period | $ | 39.52 | $ | 41.28 | $ | 36.65 | $ | 43.65 | ||||||||
| Market Value, end of period | $ | 39.54 | $ | 41.23 | $ | 36.74 | $ | 43.62 | ||||||||
| Total Return at Net Asset Value(4) | 0.19 | % | 17.56 | % | (12.73 | )% | (12.31 | )% | ||||||||
| Total Return at Market Value(5) | 0.35 | % | 17.13 | % | (12.45 | )% | (12.66 | )% | ||||||||
| Net Assets, end of period (millions) | $ | 85.4 | $ | 52.0 | $ | 23.1 | $ | 21.4 | ||||||||
| Ratios to average net assets: | ||||||||||||||||
| Expenses | 0.125 | % | 0.125 | % | 0.125 | % | 0.125 | %(8) | ||||||||
| Net investment income/(loss)(6) | 4.67 | % | 4.25 | % | 3.81 | % | 3.54 | %(8) | ||||||||
| Portfolio turnover rate(7) | 99 | % | 151 | % | 93 | % | 45 | % | ||||||||
| (2) | Based on average daily shares outstanding. |
| (4) | 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. |
| (5) | 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. |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. |
| (8) | Annualized. |
| (17) | 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.
270
BONDBLOXX ETF TRUST
Financial Highlights (Continued)
For a share outstanding throughout the period presented.
|
BondBloxx IR+M Tax-Aware Short Duration ETF |
BondBloxx IR+M Duration ETF |
BondBloxx IR+M Massachusetts |
BondBloxx Private Credit CLO ETF |
|||||||||||||||||
| For
the Year Ended October 31, 2025 |
For
the Period Ended October 31, 2024(18) |
For
the Period Ended October 31, 2025(19) |
For
the Period Ended October 31, 2025(19) |
For
the Period Ended October 31, 2025(20) |
||||||||||||||||
| 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) | 1.88 | 1.21 | 1.19 | 1.12 | 3.20 | |||||||||||||||
| Net
realized and unrealized gain/ (loss) on investments |
0.35 | 0.15 | 0.53 | 0.24 | (0.18 | ) | ||||||||||||||
| Total income/(loss) from operations | 2.23 | 1.36 | 1.72 | 1.36 | 3.02 | |||||||||||||||
| Distributions to shareholders: | ||||||||||||||||||||
| Net investment income | (1.82 | ) | (0.92 | ) | (0.98 | ) | (0.94 | ) | (2.70 | ) | ||||||||||
| Total distributions | (1.82 | ) | (0.92 | ) | (0.98 | ) | (0.94 | ) | (2.70 | ) | ||||||||||
| Net Asset Value, end of period | $ | 50.85 | $ | 50.44 | $ | 50.74 | $ | 50.42 | $ | 50.32 | ||||||||||
| Market Value, end of period | $ | 50.85 | $ | 50.44 | $ | 50.80 | $ | 50.50 | $ | 50.44 | ||||||||||
| Total Return at Net Asset Value(4) | 4.50 | % | 2.75 | % | 3.51 | % | 2.79 | % | 6.18 | % | ||||||||||
| Total Return at Market Value(5) | 4.33 | % | 2.93 | % | 3.79 | % | 3.28 | % | 5.76 | % | ||||||||||
| Net Assets, end of period (millions) | $ | 232.9 | $ | 105.9 | $ | 15.7 | $ | 14.1 | $ | 172.1 | ||||||||||
| Ratios to average net assets: | ||||||||||||||||||||
| Expenses | 0.35 | % | 0.35 | %(8) | 0.35 | %(8) | 0.35 | %(8) | 0.68 | %(8) | ||||||||||
| Net investment income/(loss)(6) | 3.70 | % | 3.73 | %(8) | 3.72 | %(8) | 3.51 | %(8) | 6.91 | %(8) | ||||||||||
|
Portfolio turnover rate(7) |
24 | % | 18 | % | 14 | % | 17 | % | 19 | % | ||||||||||
| (2) | Based on average daily shares outstanding. | |
| (4) | 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. | |
| (5) | 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. | |
| (6) | Net investment income/(loss) represents income earned by the Fund from its underlying investments less expenses incurred by the Fund during the period. | |
| (7) | Portfolio turnover rate is not annualized and excludes the value of portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. | |
| (8) | Annualized. | |
| (18) | Fund commenced operations on March 12, 2024. Shares of TAXX were listed on the NYSE Arca, Inc. on March 14, 2024. | |
| (19) | Funds commenced operations on March 11, 2025. Shares of TXXI and TAXM were listed on the NYSE Arca, Inc. on March 13, 2025. | |
| (20) | 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.
271
BONDBLOXX ETF TRUST
Notes to the Financial Statements
October 31, 2025
| 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 Sector Rotation ETF (HYSA) operates as a “fund of funds,” meaning that it primarily invests its assets in securities of other ETFs. The following table summarizes the classification as “non-diversified” and “diversified” funds under the 1940 Act, as of October 31, 2025.
| Fund Name | Diversified/Non-diversified |
| BondBloxx USD High Yield Bond Industrial Sector ETF | Diversified |
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | Diversified |
| BondBloxx USD High Yield Bond Healthcare Sector ETF | Non-diversified |
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | Diversified |
| BondBloxx USD High Yield Bond Energy Sector ETF | Diversified |
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | Diversified |
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | Diversified |
| BondBloxx USD High Yield Bond Sector Rotation ETF | Non-diversified |
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | Diversified |
| BondBloxx B Rated USD High Yield Corporate Bond ETF | Diversified |
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | Diversified |
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | Non-diversified |
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | Non-diversified |
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | Non-diversified |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | Diversified |
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | Diversified |
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | Diversified |
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | Diversified |
272
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
| Fund Name | Diversified/Non-diversified |
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | Diversified |
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | Diversified |
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | Diversified |
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | Diversified |
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | Diversified |
| BondBloxx IR+M Tax-Aware Short Duration ETF | Diversified |
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | Diversified |
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | Diversified |
| BondBloxx Private Credit CLO ETF | Non-diversified |
Each Fund is managed by BondBloxx Investment Management Corporation (“BIM” or “Adviser”) and, unless otherwise noted, generally seeks to track the investment results of each applicable Index (the “Index”). The following table details the applicable Index and commencement of operations of each Fund. Each Index models the performance of the bonds of issuers within a particular sector or group of sectors.
| Fund Name | Actual Index | Commencement of Operations | ||
| BondBloxx USD High Yield Bond Industrial Sector ETF | ICE Diversified US Cash Pay High Yield Core Industrial Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | ICE Diversified US Cash Pay High Yield Healthcare Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | ICE Diversified US Cash Pay High Yield Financial & REIT Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Energy Sector ETF | ICE Diversified US Cash Pay High Yield Energy Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | ICE Diversified US Cash Pay High Yield Consumer Cyclical Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical Index | February 15, 2022 | ||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 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 |
273
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
| Fund Name | Actual Index | Commencement of Operations | ||
| 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 Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | Bloomberg US Treasury One Year Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | Bloomberg US Treasury Two Year Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | Bloomberg US Treasury Three Year Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | Bloomberg US Treasury Five Year Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | Bloomberg US Treasury Seven Year Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | Bloomberg US Treasury Ten Year Target Duration Index | September 13, 2022 | ||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | Bloomberg US Treasury Twenty Year Target Duration Index | September 13, 2022 | ||
| 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.
274
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
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. Paydown gains and losses on mortgage and asset-backed securities are recorded as adjustments to interest income.
Foreign Currency Translation
The market values of foreign securities, currency holdings and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based on the current exchange rates each business day. Purchases and sales of securities and income and expense items denominated in foreign currencies, if any, are translated into U.S. dollars at the exchange rate in effect on the transaction date. The Funds do not separately report the effects of changes in foreign exchange rates from changes in market prices on securities held. Such changes are included in net realized gain (loss) and net change in unrealized appreciation (depreciation) from investments on the Statements of Operations. The Funds may invest in foreign currency-denominated securities and may engage in foreign currency transactions either on a spot (cash) basis at the rate prevailing in the currency exchange market at the time or through a forward foreign currency contract. Realized foreign exchange gains (losses) arising from sales of spot foreign currencies, currency gains (losses) realized between the trade and settlement dates on securities transactions and the difference between the recorded amounts of dividends, interest, and foreign withholding taxes and the U.S. dollar equivalent of the amounts actually received or paid are included in net realized gain (loss) on foreign currency transactions on the Statements of Operations. Net unrealized foreign exchange gains (losses) arising from changes in foreign exchange rates on foreign denominated assets and liabilities other than investments in securities held at the end of the reporting period are included in net change in unrealized appreciation (depreciation) on foreign currency transactions on the Statements of Operations.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and such differences could be material.
Cash
Cash includes non-restricted cash held with a financial institution.
Investment Valuation
The Net Asset Value per share (“NAV”) of each Fund normally is determined once daily Monday through Friday, generally as of the regularly scheduled close of business of the New York Stock Exchange (“NYSE”) (normally 4:00 p.m., Eastern time) on each day that the NYSE is open for trading, based on prices of the Fund’s assets at the time of closing, provided that (i) any Fund assets or liabilities denominated in currencies other than the U.S. dollar are translated into U.S. dollars at the prevailing market rates on the date of valuation as quoted by one or more data service providers and (ii) U.S. fixed-income assets may be valued as of the announced closing time for trading in fixed-income instruments in a particular market or exchange.
Pursuant to Rule 2a-5 under the 1940 Act, each Fund has designated the Adviser as the “valuation designee” with respect to the fair valuation of each of the Fund’s portfolio securities. Fair valued securities are those for which market quotations were not readily available, including in circumstances under which it was determined by the Adviser that prices received were not reflective of their market values.
275
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
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 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. |
276
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
| ■ | 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 October 31, 2025:
BondBloxx USD High Yield Bond Industrial Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 42,130,237 | $ | – | $ | 42,130,237 | ||||||||
| Time Deposits | – | 1,019,141 | – | 1,019,141 | ||||||||||||
| Total Investments | $ | – | $ | 43,149,378 | $ | – | $ | 43,149,378 | ||||||||
BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Common Stocks | $ | 122 | $ | – | $ | – | $ | 122 | ||||||||
| Corporate Bonds | – | 61,704,681 | – | 61,704,681 | ||||||||||||
| Time Deposits | – | 1,542,044 | – | 1,542,044 | ||||||||||||
| Total Investments | $ | 122 | $ | 63,246,725 | $ | – | $ | 63,246,847 | ||||||||
BondBloxx USD High Yield Bond Healthcare Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 26,420,644 | $ | – | $ | 26,420,644 | ||||||||
| Time Deposits | – | 295,420 | – | 295,420 | ||||||||||||
| Total Investments | $ | – | $ | 26,716,064 | $ | – | $ | 26,716,064 | ||||||||
BondBloxx USD High Yield Bond Financial & REIT Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 32,597,904 | $ | – | $ | 32,597,904 | ||||||||
| Time Deposits | – | 758,601 | – | 758,601 | ||||||||||||
| Total Investments | $ | – | $ | 33,356,505 | $ | – | $ | 33,356,505 | ||||||||
BondBloxx USD High Yield Bond Energy Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 11,478,818 | $ | – | $ | 11,478,818 | ||||||||
| Time Deposits | – | 361,952 | – | 361,952 | ||||||||||||
| Total Investments | $ | – | $ | 11,840,770 | $ | – | $ | 11,840,770 | ||||||||
277
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 30,651,430 | $ | – | $ | 30,651,430 | ||||||||
| Time Deposits | – | 330,225 | – | 330,225 | ||||||||||||
| Total Investments | $ | – | $ | 30,981,655 | $ | – | $ | 30,981,655 | ||||||||
BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 19,909,657 | $ | – | $ | 19,909,657 | ||||||||
| Time Deposits | – | 153,537 | – | 153,537 | ||||||||||||
| Total Investments | $ | – | $ | 20,063,194 | $ | – | $ | 20,063,194 | ||||||||
BondBloxx USD High Yield Bond Sector Rotation ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Exchange-Traded Funds | $ | 31,083,814 | $ | – | $ | – | $ | 31,083,814 | ||||||||
| Time Deposits | – | 27,912 | – | 27,912 | ||||||||||||
| Total Investments | $ | 31,083,814 | $ | 27,912 | $ | – | $ | 31,111,726 | ||||||||
BondBloxx BB Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 420,607,634 | $ | – | $ | 420,607,634 | ||||||||
| Time Deposits | – | 3,744,701 | – | 3,744,701 | ||||||||||||
| Total Investments | $ | – | $ | 424,352,335 | $ | – | $ | 424,352,335 | ||||||||
BondBloxx B Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 34,797,923 | $ | – | $ | 34,797,923 | ||||||||
| Time Deposits | – | 1,168,855 | – | 1,168,855 | ||||||||||||
| Total Investments | $ | – | $ | 35,966,778 | $ | – | $ | 35,966,778 | ||||||||
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Common Stocks | $ | 604 | $ | – | $ | – | $ | 604 | ||||||||
| Corporate Bonds | – | 245,889,970 | – | 245,889,970 | ||||||||||||
| Time Deposits | – | 6,882,355 | – | 6,882,355 | ||||||||||||
| Total Investments | $ | 604 | $ | 252,772,325 | $ | – | $ | 252,772,929 | ||||||||
278
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October 31, 2025
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 182,911,159 | $ | – | $ | 182,911,159 | ||||||||
| Time Deposits | – | 1,409,058 | – | 1,409,058 | ||||||||||||
| Total Investments | $ | – | $ | 184,320,217 | $ | – | $ | 184,320,217 | ||||||||
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 54,017,333 | $ | – | $ | 54,017,333 | ||||||||
| Time Deposits | – | 168,448 | – | 168,448 | ||||||||||||
| Total Investments | $ | – | $ | 54,185,781 | $ | – | $ | 54,185,781 | ||||||||
BondBloxx BBB Rated 10+ Year Corporate Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 4,855,028 | $ | – | $ | 4,855,028 | ||||||||
| Time Deposits | – | 22,211 | – | 22,211 | ||||||||||||
| Total Investments | $ | – | $ | 4,877,239 | $ | – | $ | 4,877,239 | ||||||||
BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Corporate Bonds | $ | – | $ | 58,035,899 | $ | – | $ | 58,035,899 | ||||||||
| Government Agencies and Obligations | – | 447,854,140 | – | 447,854,140 | ||||||||||||
| Time Deposits | – | 2,819,206 | – | 2,819,206 | ||||||||||||
| Total Investments | $ | – | $ | 508,709,245 | $ | – | $ | 508,709,245 | ||||||||
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 1,668,957,504 | $ | – | $ | 1,668,957,504 | ||||||||
| Time Deposits | – | 112,117,245 | – | 112,117,245 | ||||||||||||
| Total Investments | $ | – | $ | 1,781,074,749 | $ | – | $ | 1,781,074,749 | ||||||||
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 653,479,535 | $ | – | $ | 653,479,535 | ||||||||
| Time Deposits | – | 1,985,061 | – | 1,985,061 | ||||||||||||
| Total Investments | $ | – | $ | 655,464,596 | $ | – | $ | 655,464,596 | ||||||||
279
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Notes to the Financial Statements (Continued)
October 31, 2025
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 148,992,118 | $ | – | $ | 148,992,118 | ||||||||
| Time Deposits | – | 495,928 | – | 495,928 | ||||||||||||
| Total Investments | $ | – | $ | 149,488,046 | $ | – | $ | 149,488,046 | ||||||||
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 193,723,126 | $ | – | $ | 193,723,126 | ||||||||
| Time Deposits | – | 497,331 | – | 497,331 | ||||||||||||
| Total Investments | $ | – | $ | 194,220,457 | $ | – | $ | 194,220,457 | ||||||||
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 301,842,623 | $ | – | $ | 301,842,623 | ||||||||
| Time Deposits | – | 773,126 | – | 773,126 | ||||||||||||
| Total Investments | $ | – | $ | 302,615,749 | $ | – | $ | 302,615,749 | ||||||||
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 171,200,655 | $ | – | $ | 171,200,655 | ||||||||
| Time Deposits | – | 141,126 | – | 141,126 | ||||||||||||
| Total Investments | $ | – | $ | 171,341,781 | $ | – | $ | 171,341,781 | ||||||||
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 781,671,295 | $ | – | $ | 781,671,295 | ||||||||
| Time Deposits | – | 513,472 | – | 513,472 | ||||||||||||
| Total Investments | $ | – | $ | 782,184,767 | $ | – | $ | 782,184,767 | ||||||||
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Government Obligations | $ | – | $ | 84,144,987 | $ | – | $ | 84,144,987 | ||||||||
| Time Deposits | – | 150,586 | – | 150,586 | ||||||||||||
| Total Investments | $ | – | $ | 84,295,573 | $ | – | $ | 84,295,573 | ||||||||
280
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
BondBloxx IR+M Tax-Aware Short Duration ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 16,212,700 | $ | – | $ | 16,212,700 | ||||||||
| Collateralized Mortgage Obligations | – | 13,947,716 | – | 13,947,716 | ||||||||||||
| Corporate Bonds | – | 23,277,258 | – | 23,277,258 | ||||||||||||
| Municipal Bonds | – | 175,624,927 | – | 175,624,927 | ||||||||||||
| Time Deposits | – | 2,167,953 | – | 2,167,953 | ||||||||||||
| Total Investments | $ | – | $ | 231,230,554 | $ | – | $ | 231,230,554 | ||||||||
BondBloxx IR+M Tax-Aware Intermediate Duration ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 176,795 | $ | – | $ | 176,795 | ||||||||
| Collateralized Mortgage Obligations | – | 671,946 | – | 671,946 | ||||||||||||
| Corporate Bonds | – | 879,315 | – | 879,315 | ||||||||||||
| Municipal Bonds | – | 13,704,359 | – | 13,704,359 | ||||||||||||
| Time Deposits | – | 774,987 | – | 774,987 | ||||||||||||
| Total Investments | $ | – | $ | 16,207,402 | $ | – | $ | 16,207,402 | ||||||||
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 120,745 | $ | – | $ | 120,745 | ||||||||
| Collateralized Mortgage Obligations | – | 139,405 | – | 139,405 | ||||||||||||
| Corporate Bonds | – | 431,282 | – | 431,282 | ||||||||||||
| Municipal Bonds | – | 13,176,294 | – | 13,176,294 | ||||||||||||
| Time Deposits | – | 81,807 | – | 81,807 | ||||||||||||
| Total Investments | $ | – | $ | 13,949,533 | $ | – | $ | 13,949,533 | ||||||||
BondBloxx Private Credit CLO ETF
| Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
| Asset-Backed Securities | $ | – | $ | 165,956,676 | $ | – | $ | 165,956,676 | ||||||||
| Corporate Bonds | – | 773,152 | – | 773,152 | ||||||||||||
| Time Deposits | – | 6,230,004 | – | 6,230,004 | ||||||||||||
| Total Investments | $ | – | $ | 172,959,832 | $ | – | $ | 172,959,832 | ||||||||
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
281
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Notes to the Financial Statements (Continued)
October 31, 2025
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 October 31, 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.
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.
282
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
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.
Segment Reporting
The Funds have adopted FASB ASU 2023-07, Segment Reporting (Topic 280) – Improvements to Reportable Segment Disclosures (“ASU 2023-07”), which requires incremental disclosures relating to a public entity’s reportable segments. Each Fund operates as a single operating segment, which is an investment portfolio. The Trust’s president and principal executive officer and the Trust’s treasurer and principal financial and accounting officer together serve as each Fund’s chief operating decision maker (“CODM”). Each Fund’s total returns, expense ratios, and changes in net assets, which are used by the CODM to assess segment performance and to make resource allocation decisions to the segment, are consistent with that presented within the Fund’s financial statements and financial highlights. Segment assets are reflected in each Fund’s Statement of Assets and Liabilities as “net assets,” which consist primarily of investment securities, at value, and significant segment expenses are listed in each Fund’s accompanying Statement of Operations.
283
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
| 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 Securities and Exchange Commission (“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). For its investment advisory services to HYSA, BIM is paid a management fee from HYSA based on a percentage of the Fund’s average daily net assets at the annual rate of 0.45%. HYSA is responsible for the payment of all operating expenses of the Fund under its Investment Advisory Agreement. 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 September 18, 2026, subject to recapture as described below (the “Fee Waiver”). The Fee Waiver may be terminated prior to September 18, 2026 only upon written agreement of the Trust and BIM. The Fee Waiver may be modified by BIM to decrease HYSA’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 HYSA’s net total annual operating expenses have fallen to a level below the limit described above. In no case will BIM recapture any amount that would result, on any particular business day of HYSA, in HYSA’s expense ratio exceeding both (1) the expense cap in place at the time such amounts were waived and (2) the HYSA’s current expense cap. Affiliated acquired fund fees incurred by HYSA are also waived by BIM in addition to the expense limitation on HYSA expenses. During the period ended October 31, 2025, BIM waived $169,326 of expenses, which includes $105,823 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 October 31, 2025, that are permitted to be recouped in accordance with the preceding paragraph.
As of October 31, 2025, pursuant to the above, fees previously waived and reimbursed by the Investment Adviser that may be subject to possible future reimbursement to the Investment Advisor were as follows for HYSA:
|
Expiring Fiscal Year Ending October 31, 2026 |
Expiring
Fiscal Year Ending October 31, 2027 |
|||||
| $ | 65,320 | $ | 63,503 | |||
284
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
For its investment advisory services to the Funds, BIM will be paid a management fee from each Fund based on a percentage of each Fund’s average daily net assets, at the annual rates set forth below:
| Fund | Management Fee | |
| BondBloxx USD High Yield Bond Industrial Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Energy Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 0.35% | |
| BondBloxx USD High Yield Bond Sector Rotation ETF | 0.45% | |
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 0.20% | |
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 0.30% | |
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 0.40% | |
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 0.19% | |
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 0.19% | |
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 0.19% | |
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 0.29% | |
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 0.03% | |
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 0.03% | |
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 0.05% | |
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 0.075% | |
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 0.125% | |
| BondBloxx IR+M Tax-Aware Short Duration ETF | 0.35% | |
| 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 Investments Fund Advisers 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 Delaware Corporation, 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.
285
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
Macquarie Asset Management Credit Advisers US, LLC (“MAMCA”) serves as sub-adviser to BondBloxx Private Credit CLO ETF pursuant to an investment sub-advisory agreement by and among MAMCA, the Trust, on behalf of BondBloxx Private Credit CLO ETF, and BIM. MAMCA is a wholly owned subsidiary of Macquarie Group Limited and a part of Macquarie Asset Management (“MAM”). MAM is the marketing name for certain companies comprising the asset management division of Macquarie Group Limited (“Macquarie”). MAM is an integrated asset manager across public and private markets offering a diverse range of capabilities, including real assets, real estate, credit, equities and multi-asset solutions. For its services to BondBloxx Private Credit CLO ETF, MAMCA is paid a fee by BIM. See Note 12 for additional information.
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.
| 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.
286
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
| 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 year or period ended October 31, 2025 were as follows:
| Purchases | Sales | |||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 17,889,625 | $ | 18,778,906 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 36,758,077 | 38,249,830 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 9,658,592 | 10,439,483 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 17,450,457 | 18,136,713 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 3,566,278 | 3,589,078 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 19,909,618 | 20,012,381 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 7,734,915 | 7,467,919 | ||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 8,394,349 | 8,404,165 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 91,601,099 | 85,159,012 | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 12,233,272 | 12,035,230 | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 93,524,897 | 90,515,587 | ||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 40,354,655 | 39,381,175 | ||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 11,909,973 | 11,893,323 | ||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 2,179,344 | 2,221,791 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 102,455,977 | 98,633,642 | ||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 165,705,585 | 39,112,854 | ||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 16,790,311 | 1,593,355 | ||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 15,042,552 | 1,366,281 | ||||||
| BondBloxx Private Credit CLO ETF | 189,140,735 | 20,723,675 | ||||||
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 year ended October 31, 2025 were as follows:
| Purchases | Sales | |||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | $ | 577,728,887 | $ | 353,254,597 | ||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 74,241,118 | 76,549,124 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 80,062,244 | 81,641,190 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 129,037,640 | 130,731,597 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 85,993,096 | 87,548,177 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 202,647,112 | 205,570,220 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 60,408,457 | 61,701,431 | ||||||
287
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
For the year ended October 31, 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 | $ | 7,878,530 | $ | 44,488,391 | ||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 16,498,509 | 58,067,683 | ||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 2,633,958 | 22,408,406 | ||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 6,285,805 | 30,164,437 | ||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 7,155,353 | 8,748,126 | ||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 7,123,017 | 45,196,197 | ||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 9,035,768 | 19,124,090 | ||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 3,893,235 | 1,219,050 | ||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 419,698,416 | 68,693,707 | ||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 17,207,607 | – | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 214,859,333 | 71,912,833 | ||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 142,595,250 | 25,069,951 | ||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 50,008,035 | 5,085,472 | ||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 4,942,019 | 7,112,986 | ||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 237,955,638 | 9,742,660 | ||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1,363,393,044 | 596,905,931 | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 384,300,168 | 257,479,090 | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 41,543,818 | 41,889,077 | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 138,512,893 | 46,462,427 | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 887,329,926 | 710,922,424 | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 116,672,387 | 56,517,126 | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 796,564,518 | 262,359,813 | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 53,341,143 | 18,862,983 | ||||||
288
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
| 6. | AFFILIATED TRANSACTIONS |
Investments in issuers considered to be affiliates of the fund during the period ended October 31, 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 October 31, 2025 |
Dividends | Shares
as of October 31, 2025 |
||||||||||||||||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | $ | – | $ | 617,482 | $ | 2,916 | $ | – | $ | (620,398 | ) | $ | – | $ | 3,634 | – | ||||||||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | – | 942,358 | 37 | 5,722 | (9,252 | ) | 938,865 | 2,031 | 22,656 | |||||||||||||||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | – | 1,538,387 | 1,753 | 16,098 | (325,402 | ) | 1,230,836 | 32,419 | 31,821 | |||||||||||||||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 3,560,158 | 1,703,334 | (10,541 | ) | 4,062 | (1,269,702 | ) | 3,987,311 | 269,562 | 106,389 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 2,508,764 | 548,832 | 40,708 | (46,818 | ) | (2,505,863 | ) | 545,623 | 134,746 | 14,196 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 2,829,791 | 1,310,362 | (1,527 | ) | 21,848 | (613,751 | ) | 3,546,723 | 202,708 | 91,551 | ||||||||||||||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 3,949,306 | 1,104,493 | 11,700 | 61,647 | (1,024,560 | ) | 4,102,586 | 291,249 | 107,749 | |||||||||||||||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 2,791,909 | 1,133,469 | 17,023 | 48,983 | (1,079,373 | ) | 2,912,011 | 173,622 | 80,911 | |||||||||||||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | 6,792,204 | 1,609,081 | 5,079 | 47,436 | (1,087,308 | ) | 7,366,492 | 470,330 | 192,158 | |||||||||||||||||||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 5,722,665 | 1,779,786 | 4,251 | 34,271 | (1,087,606 | ) | 6,453,367 | 488,614 | 184,048 | |||||||||||||||||||||||
| $ | 28,154,797 | $ | 12,287,584 | $ | 71,399 | $ | 193,249 | $ | (9,623,215 | ) | $ | 31,083,814 | $ | 2,068,915 | 831,479 | |||||||||||||||||
| 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 year or period ended October 31, 2025, the Funds did not incur any interest or penalties.
289
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
At October 31, 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 | $ | 43,066,381 | $ | 611,414 | $ | (528,417 | ) | $ | 82,997 | |||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 63,039,599 | 1,665,703 | (1,458,455 | ) | 207,248 | |||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 25,958,023 | 921,377 | (163,336 | ) | 758,041 | |||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 32,703,220 | 730,268 | (76,983 | ) | 653,285 | |||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 11,892,967 | 183,357 | (235,554 | ) | (52,197 | ) | ||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 30,889,221 | 518,816 | (426,382 | ) | 92,434 | |||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 19,956,869 | 256,036 | (149,711 | ) | 106,325 | |||||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 30,226,560 | 906,551 | (21,385 | ) | 885,166 | |||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 419,984,378 | 4,986,942 | (618,985 | ) | 4,367,957 | |||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 35,567,511 | 701,673 | (302,406 | ) | 399,267 | |||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 256,195,356 | 4,240,923 | (7,663,350 | ) | (3,422,427 | ) | ||||||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 182,307,115 | 2,028,880 | (15,778 | ) | 2,013,102 | |||||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 52,959,664 | 1,239,913 | (13,796 | ) | 1,226,117 | |||||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 4,896,479 | 55,836 | (75,076 | ) | (19,240 | ) | ||||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 477,511,828 | 31,688,444 | (491,027 | ) | 31,197,417 | |||||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1,779,923,914 | 1,276,606 | (125,771 | ) | 1,150,835 | |||||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 654,415,268 | 1,152,471 | (103,143 | ) | 1,049,328 | |||||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 148,601,942 | 895,723 | (9,619 | ) | 886,104 | |||||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 192,525,802 | 1,708,629 | (13,974 | ) | 1,694,655 | |||||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 300,454,349 | 2,164,528 | (3,128 | ) | 2,161,400 | |||||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 169,289,014 | 2,069,898 | (17,131 | ) | 2,052,767 | |||||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 772,686,714 | 9,498,798 | (745 | ) | 9,498,053 | |||||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 84,423,778 | 1,465,535 | (1,593,740 | ) | (128,205 | ) | ||||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 229,743,179 | 1,575,114 | (87,739 | ) | 1,487,375 | |||||||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 16,012,597 | 206,752 | (11,947 | ) | 194,805 | |||||||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 13,812,604 | 162,061 | (25,132 | ) | 136,929 | |||||||||||
| BondBloxx Private Credit CLO ETF | 174,477,754 | 35,555 | (1,553,477 | ) | (1,517,922 | ) | ||||||||||
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, and bond premium amortization.
290
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
At October 31, 2025, the components of distributable earnings/loss on tax basis were as follows:
| Undistributed Income |
Undistributed Long-term Capital Gains |
Accumulated Capital Gains/ (Losses) |
Undistributed Tax Exempt Income |
Net Unrealized Appreciation/ (Depreciation) |
Total Earnings/ (Losses) |
|||||||||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 226,326 | $ | – | $ | (198,760 | ) | $ | – | $ | 82,997 | $ | 110,563 | |||||||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 379,022 | – | (556,730 | ) | – | 207,248 | 29,540 | |||||||||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 153,306 | – | (638,922 | ) | – | 758,041 | 272,425 | |||||||||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 174,235 | – | (20,112 | ) | – | 653,285 | 807,408 | |||||||||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 62,451 | – | (180,676 | ) | – | (52,197 | ) | (170,422 | ) | |||||||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 162,453 | – | (518,818 | ) | – | 92,434 | (263,931 | ) | ||||||||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 94,105 | – | (228,204 | ) | – | 106,325 | (27,774 | ) | ||||||||||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | – | – | (59,212,247 | ) | – | 885,166 | (58,327,081 | ) | ||||||||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 1,875,394 | – | (845,140 | ) | – | 4,367,957 | 5,398,211 | |||||||||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 203,689 | – | (550,905 | ) | – | 399,267 | 52,051 | |||||||||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 2,040,119 | – | (2,728,879 | ) | – | (3,422,427 | ) | (4,111,187 | ) | |||||||||||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 816,106 | – | – | – | 2,013,102 | 2,829,208 | ||||||||||||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 258,440 | – | – | – | 1,226,117 | 1,484,557 | ||||||||||||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 23,124 | – | (41,546 | ) | – | (19,240 | ) | (37,662 | ) | |||||||||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 2,150,701 | 1,622,749 | – | – | 31,197,596 | 34,971,046 | ||||||||||||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 6,731,022 | – | (1,089,626 | ) | – | 1,150,835 | 6,792,231 | |||||||||||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 2,360,578 | – | (4,816,228 | ) | – | 1,049,328 | (1,406,322 | ) | ||||||||||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 530,470 | – | (1,406,397 | ) | – | 886,104 | 10,177 | |||||||||||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 645,063 | – | (525,352 | ) | – | 1,694,655 | 1,814,366 | |||||||||||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 925,884 | – | (1,828,929 | ) | – | 2,161,400 | 1,258,355 | |||||||||||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 569,462 | – | (1,208,303 | ) | – | 2,052,767 | 1,413,926 | |||||||||||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 2,780,898 | – | (1,685,185 | ) | – | 9,498,053 | 10,593,766 | |||||||||||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 322,075 | – | (9,168,851 | ) | – | (128,205 | ) | (8,974,981 | ) | |||||||||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | – | 6,910 | – | 645,072 | 1,487,375 | 2,139,357 | ||||||||||||||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | – | – | (16,922 | ) | 42,664 | 194,805 | 220,547 | |||||||||||||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | – | – | (10,137 | ) | 40,187 | 136,929 | 166,979 | |||||||||||||||||
| BondBloxx Private Credit CLO ETF | 994,421 | – | (170,178 | ) | – | (1,517,922 | ) | (693,679 | ) | |||||||||||||||
291
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
At October 31, 2025, the effect of permanent book/tax reclassifications primarily related to in-kind transactions, and the use of utilization of earnings and profits distributed to shareholders on redemption of shares resulted in increase/(decrease) to the components of net assets as follows:
| Total Distributable Earnings |
Paid-in Capital |
|||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 532,954 | $ | (532,954 | ) | |||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 149,258 | (149,258 | ) | |||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 199,743 | (199,743 | ) | |||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | (513,622 | ) | 513,622 | |||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 193,595 | (193,595 | ) | |||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 653,948 | (653,948 | ) | |||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | (57,226 | ) | 57,226 | |||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | (54,931 | ) | 54,931 | |||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | (2,010,734 | ) | 2,010,734 | |||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | – | – | ||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | (2,570,441 | ) | 2,570,441 | |||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | (480,142 | ) | 480,142 | |||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | (189,598 | ) | 189,598 | |||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 107,529 | (107,529 | ) | |||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | (565,702 | ) | 565,702 | |||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | (683,549 | ) | 683,549 | |||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | (715,247 | ) | 715,247 | |||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | (236,023 | ) | 236,023 | |||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | (46,236 | ) | 46,236 | |||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | (2,928,791 | ) | 2,928,791 | |||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | (1,232,027 | ) | 1,232,027 | |||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | (4,839,621 | ) | 4,839,621 | |||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | (72,958 | ) | 72,958 | |||||
| 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 | – | – | ||||||
| BondBloxx Private Credit CLO ETF | 3,208 | (3,208 | ) | |||||
292
BONDBLOXX ETF TRUST
Notes to the Financial Statements (Continued)
October 31, 2025
The tax character of distributions paid during the period indicated was as follows:
| Year Ended October 31, 2025 |
Year Ended October 31, 2024 |
|||||||||||||||||||
| Ordinary
Income* |
Tax-Exempt Income |
Long-Term Capital Gain |
Ordinary
Income* |
Long-Term Capital Gain |
||||||||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 4,315,894 | $ | – | $ | – | $ | 4,150,759 | $ | – | ||||||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 7,428,315 | – | – | 3,279,475 | – | |||||||||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 2,642,882 | – | – | 2,329,068 | – | |||||||||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 3,334,279 | – | – | 3,043,682 | – | |||||||||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 870,674 | – | – | 2,889,467 | – | |||||||||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 3,645,163 | – | – | 2,907,383 | – | |||||||||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 1,651,095 | – | – | 788,908 | – | |||||||||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 2,015,078 | – | – | 2,374,535 | – | |||||||||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 11,313,073 | – | – | 3,592,728 | – | |||||||||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 1,900,804 | – | – | 1,130,858 | – | |||||||||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 14,913,457 | – | – | 5,483,094 | – | |||||||||||||||
| BondBloxx BBB Rated 1-5 Year Corporate Bond ETF | 5,124,647 | – | – | 919,365 | – | |||||||||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 1,186,980 | – | – | 173,530 | – | |||||||||||||||
| BondBloxx BBB Rated 10+ Year Corporate Bond ETF | 460,219 | – | – | 214,645 | – | |||||||||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 22,653,806 | – | – | 13,454,640 | – | |||||||||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 55,263,122 | – | – | 56,714,301 | – | |||||||||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 26,909,933 | – | – | 25,788,925 | – | |||||||||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 5,864,339 | – | – | 5,054,888 | – | |||||||||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 5,438,148 | – | – | 2,091,424 | – | |||||||||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 6,126,084 | – | – | 2,880,621 | – | |||||||||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 5,774,638 | – | – | 4,558,289 | – | |||||||||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 21,151,511 | – | – | 6,063,656 | – | |||||||||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 2,762,120 | – | – | 1,309,183 | – | |||||||||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 2,623,321 | 3,120,041 | – | 1,241,375 | – | |||||||||||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 62,003 | 154,388 | – | – | – | |||||||||||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 36,684 | 102,837 | – | – | – | |||||||||||||||
| BondBloxx Private Credit CLO ETF | 5,896,989 | – | – | – | – | |||||||||||||||
| * | For tax purpose short-term capital gain distributions are considered ordinary income distributions. |
At October 31, 2025, 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.
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October 31, 2025
As of October 31, 2025, the Funds had the following net capital loss carryforwards remaining:
| Short-Term | Long-Term | Total Amount | ||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 17,246 | $ | 181,514 | $ | 198,760 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 54,969 | 501,761 | 556,730 | |||||||||
| BondBloxx USD High Yield Bond Healthcare Sector ETF | 432,653 | 206,269 | 638,922 | |||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 20,112 | – | 20,112 | |||||||||
| BondBloxx USD High Yield Bond Energy Sector ETF | 10,957 | 169,719 | 180,676 | |||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | 442,621 | 76,197 | 518,818 | |||||||||
| BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF | 102,577 | 125,627 | 228,204 | |||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | 31,506,849 | 27,705,398 | 59,212,247 | |||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | 786,527 | 58,613 | 845,140 | |||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | 477,946 | 72,959 | 550,905 | |||||||||
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 1,626,552 | 1,102,327 | 2,728,879 | |||||||||
| 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 | 24,624 | 16,922 | 41,546 | |||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | – | – | – | |||||||||
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1,087,052 | 2,574 | 1,089,626 | |||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 4,816,228 | – | 4,816,228 | |||||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 871,335 | 535,062 | 1,406,397 | |||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 353,032 | 172,320 | 525,352 | |||||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 1,346,599 | 482,330 | 1,828,929 | |||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 794,153 | 414,150 | 1,208,303 | |||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 413,615 | 1,271,570 | 1,685,185 | |||||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 7,181,825 | 1,987,026 | 9,168,851 | |||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | – | – | – | |||||||||
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | 16,922 | – | 16,922 | |||||||||
| BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents | 10,137 | – | 10,137 | |||||||||
| BondBloxx Private Credit CLO ETF | 170,178 | – | 170,178 | |||||||||
During the year ended October 31, 2025, the following Funds utilized capital loss carryforwards:
| Short-Term | Long-Term | Total Amount | ||||||||||
| BondBloxx USD High Yield Bond Industrial Sector ETF | $ | 57,977 | $ | – | $ | 57,977 | ||||||
| BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF | 226,601 | – | 226,601 | |||||||||
| BondBloxx USD High Yield Bond Financial & REIT Sector ETF | 95,598 | 93,768 | 189,366 | |||||||||
| BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | – | 40,657 | 40,657 | |||||||||
| BondBloxx USD High Yield Bond Sector Rotation ETF | – | 40,641 | 40,641 | |||||||||
| BondBloxx BB Rated USD High Yield Corporate Bond ETF | – | 145,379 | 145,379 | |||||||||
| BondBloxx B Rated USD High Yield Corporate Bond ETF | – | 63,059 | 63,059 | |||||||||
| BondBloxx BBB Rated 5-10 Year Corporate Bond ETF | 1,787 | – | 1,787 | |||||||||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 419,976 | 83,845 | 503,821 | |||||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | – | 34,577 | 34,577 | |||||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 158,516 | – | 158,516 | |||||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | – | 233,921 | 233,921 | |||||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 853,200 | – | 853,200 | |||||||||
| BondBloxx IR+M Tax-Aware Short Duration ETF | 81,517 | – | 81,517 | |||||||||
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October 31, 2025
| 8. | RELATED PARTIES |
At October 31, 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”), 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. 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 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
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Notes to the Financial Statements (Continued)
October 31, 2025
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.
Limited Operating History Risk. Limited operating history risk is the risk that a recently formed Fund has a limited operating history to evaluate and may not attract sufficient assets to achieve or maximize investment and operational efficiencies and remain viable. If a recently formed Fund fails to achieve sufficient scale, it may be liquidated.
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)
October 31, 2025
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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Notes to the Financial Statements (Continued)
October 31, 2025
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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Notes to the Financial Statements (Continued)
October 31, 2025
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. Certain 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. As a result of this military action, the United States and many other countries have instituted various economic sanctions against Russian individuals and entities. The situation has led to increased financial market volatility and could have severe adverse effects on regional and global economic markets, including the markets for certain securities and commodities, such as oil and natural gas. The extent and duration of the military action, resulting sanctions imposed, other punitive action taken, and the resulting market disruptions cannot be easily predicted.
| 11. | NEW ACCOUNTING PRONOUNCEMENTS |
In December 2023, the FASB issued Accounting Standards Update 2023-09 (“ASU 2023-09”), Improvements to Income Tax Disclosures, which amends quantitative and qualitative income tax disclosure requirements in order to increase disclosure consistency, bifurcate income tax information by jurisdiction and remove information that is no longer beneficial. ASU 2023-09 is effective for annual periods beginning after December 15, 2024, and early adoption is permitted. Fund Management does not believe there will be any impact on the Fund’s 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.
PCMM Sub-Adviser Change. On April 21, 2025, Nomura Holding America Inc. (together with its parent company, Nomura Holdings, Inc., hereinafter referred to as “Nomura”) and Macquarie announced that they had entered into a definitive stock purchase agreement (the “Purchase Agreement”) pursuant to which Nomura agreed to acquire the equity interests of Macquarie’s US and European public investments business, which included Delaware Investment Fund Advisers, a series of Macquarie Investment Management Business Trust, PCMM’s investment sub-adviser (“MIMBT”) (the “Transaction”). The Transaction closed on December 1, 2025, and upon the closing, PCMM’s investment sub-advisory agreement automatically terminated in accordance with its terms and applicable regulations. In connection with the Transaction, the Board appointed MAMCA to serve as PCMM’s investment sub-adviser under the manager-of-managers exemptive order that the Trust and BIM previously received, with MAMCA’s appointment as PCMM’s investment sub-adviser effective as of December 1, 2025. PCMM will continue to be managed in accordance with its existing investment objectives and strategies and will continue to be managed by the same portfolio managers.
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BONDBLOXX ETF TRUST
Report of Independent Registered Public Accounting Firm
To the Shareholders and Board of Trustees of
BondBloxx ETF Trust
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the portfolios of investments, of BondBloxx ETF Trust comprising the funds listed below (the “Funds”) as of October 31, 2025, the related statements of operations and changes in net assets, and the financial highlights for each of the periods indicated below, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2025, the results of their operations, the changes in net assets, and the financial highlights for each of the periods indicated below in conformity with accounting principles generally accepted in the United States of America.
| Fund Name | Statements
of Operations |
Statements
of Changes in Net Assets |
Financial Highlights | |||
|
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 |
For the year ended October 31, 2025 | For the years ended October 31, 2025 and 2024 | For the years ended October 31, 2025, 2024, 2023, and for the period from February 15, 2022 (commencement of operations) through October 31, 2022 | |||
|
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 |
For the year ended October 31, 2025 | For the years ended October 31, 2025 and 2024 | For the years ended October 31, 2025, 2024, 2023, and for the period from May 24, 2022 (commencement of operations) through October 31, 2022 | |||
| BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025 and 2024 | For the years ended October 31, 2025, 2024, 2023, and for the period from June 28, 2022 (commencement of operations) through October 31, 2022 |
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Report of Independent Registered Public Accounting Firm (Continued)
| Fund Name | Statements
of Operations |
Statements
of Changes in Net Assets |
Financial Highlights | |||
|
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 |
For the year ended October 31, 2025 | For the years ended October 31, 2025 and 2024 | For the years ended October 31, 2025, 2024, 2023, and for the period from September 13, 2022 (commencement of operations) through October 31, 2022 | |||
| BondBloxx USD High Yield Bond Sector Rotation ETF | For the year ended October 31, 2025 | For the years ended October 31, 2025 and 2024 | For the years ended October 31, 2025, 2024, for the period July 1, 2023 through October 31, 2023, and for the years ended June 30, 2023, 2022, and 2021. | |||
| BondBloxx IR+M Tax-Aware Short Duration ETF | For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from March 12, 2024 (commencement of operations) through October 31, 2024 | ||||
|
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF,
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF,
BondBloxx BBB Rated 10+ Year Corporate Bond ETF |
For the year ended October 31, 2025 | For the year ended October 31, 2025, and for the period from January 23, 2024 (commencement of operations) through October 31, 2024 | ||||
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BondBloxx IR+M Tax-Aware Intermediate Duration ETF,
BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents |
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For the period from March 11, 2025 (commencement of operations) through October 31, 2025 | ||||
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BondBloxx Private Credit CLO ETF |
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For the period from December 2, 2024 (commencement of operations) through October 31, 2025 | ||||
301
BONDBLOXX ETF TRUST
Report of Independent Registered Public Accounting Firm (Continued)
Basis for Opinion
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of October 31, 2025, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
We have served as auditor of one or more of the Funds within BondBloxx ETF Trust since 2020.
COHEN & COMPANY, LTD.
Cleveland, Ohio
December 19, 2025
302
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.
Tax Information
Form 1099-DIV and other year-end tax information provide shareholders with actual calendar year amounts that should be included in their tax returns. Shareholders should consult their tax advisors. The Funds designate the following amounts or, if subsequently determined to be different, the maximum allowable for its year/period ended October 31, 2025.
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Qualified Dividend Income* |
Dividends Received Deduction* |
Qualified Interest Income |
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| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg Two Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 0.00 | % | 0.00 | % | 100.00 | % | ||||||
| * | The above percentage is based on ordinary income dividends paid to shareholders during the Funds’ fiscal year/period. |
303
BONDBLOXX ETF TRUST
Board Approval of Investment Sub-Advisory Agreement (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”) 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.
Pursuant to an exemption obtained by the Trust and the Adviser, the Adviser is permitted, on behalf of certain 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.
New Sub-Advisory Agreement
On April 21, 2025, Nomura Holding America Inc. (together with its parent company, Nomura Holdings, Inc., hereinafter referred to as “Nomura”) and Macquarie Group Limited (“Macquarie”) announced that they had entered into a definitive stock purchase agreement (the “Purchase Agreement”) pursuant to which Nomura agreed to acquire the equity interests of Macquarie’s US and European public investments business, which included Delaware Investment Fund Advisers, a series of Macquarie Investment Management Business Trust, the BondBloxx Private Credit CLO ETF’s (the “CLO Fund”) investment sub-adviser (“MIMBT”) (the “Transaction”). Upon the closing of the Transaction (the “Closing”), the CLO Fund’s investment sub-advisory agreement would automatically terminate in accordance with its terms and applicable regulations. In anticipation of the Closing, the Board, including a majority of the Independent Trustees, at a meeting held on August 25, 2025 (the “August Meeting”), voted to approve the entering into of an Investment Sub-Advisory Agreement among the Adviser, Macquarie Asset Management Credit Advisers US, LLC (“MAMCA”) and the Trust, on behalf of the CLO Fund, for a two-year period (the “New Sub-Advisory Agreement”) effective upon the Closing.
In determining whether to approve the entering into of the New Sub-Advisory Agreement, the Adviser and MAMCA furnished information necessary for a majority of the Independent Trustees to make the determination that the entering into of the New Sub-Advisory Agreement was in the best interests of the CLO Fund and its shareholders. Prior to voting, the Independent Trustees reviewed the New 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 New Sub-Advisory Agreement.
In approving the New 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 by MAMCA to the CLO Fund; (2) MAMCA’s proposed compensation under the New Sub-Advisory Agreement; (3) the estimated expenses of the CLO Fund; (4) the estimated costs of services to be provided by MAMCA to the CLO Fund and the anticipated profits to be realized by MAMCA from its management of the CLO Fund; (5) the potential for economies of scale and the sharing of any economies of scale with the CLO Fund’s shareholders; (6) the fees paid by and services provided to comparable ETFs; and (7) other potential benefits to MAMCA and its affiliates from its relationship with the CLO Fund. The material factors and conclusions that formed the basis for the Board, including the Independent Trustees, to approve the New Sub-Advisory Agreement are discussed below.
Nature, Extent and Quality of Services to be Provided by MAMCA. In considering the nature, extent and quality of the services to be provided by MAMCA under the New Sub-Advisory Agreement, the Board reviewed information provided by MAMCA relating to MAMCA’s operations and personnel. The Board noted generally that the terms of the New Sub-Advisory Agreement were substantially identical to the terms of the then-existing sub-advisory agreement with MIMBT and that,
304
BONDBLOXX ETF TRUST
Board Approval of Investment Sub-Advisory Agreement (Unaudited) (Continued)
following the Closing, the CLO Fund will continue to be managed in accordance with its existing investment objectives and investment strategies and will continue to be managed by the same portfolio managers. The Board considered this continuity and the level and depth of knowledge and professional experience and qualifications of MAMCA’s personnel. The Board also took into account the systems and resources that MAMCA intended to devote to investment management and legal and compliance services. The Board noted that MAMCA will be responsible for managing the day-to-day investment operations of the CLO Fund, while the Adviser will be responsible for administering the CLO 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 MAMCA under the New Sub-Advisory Agreement.
Performance. The Board took into consideration the professional experience and investment capabilities of the individuals who serve as portfolio managers to the CLO Fund, noting in particular that the CLO Fund will continue to be managed by the same portfolio managers. In addition, the Board considered MAMCA’s investment philosophy and portfolio construction process and the systems and tools MAMCA expects to use in managing the CLO Fund, in accordance with the CLO Fund’s investment objectives and investment strategies. Based on the foregoing, the Board concluded that MAMCA is qualified to manage the CLO Fund, in accordance with the CLO Fund’s investment objectives and investment strategies.
Proposed Compensation and Estimated Expenses. The Board considered the proposed compensation payable to MAMCA under the New Sub-Advisory Agreement and the estimated expense ratio of the CLO Fund. The Board took into account that under the New Sub-Advisory Agreement, MAMCA will bear all expenses in connection with the performance of its services under the New Sub-Advisory Agreement, excluding any Fund expenses as set forth in the prospectus of the CLO Fund. Based on the foregoing, the Board concluded that MAMCA’s proposed compensation is reasonable in view of the services to be provided to the CLO Fund by MAMCA, 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 MAMCA in connection with its provision of services to the CLO Fund, pursuant to the New Sub-Advisory Agreement. The Board noted potential benefits to MAMCA that could accrue as a result of managing the CLO Fund, including potential reputational benefits. Based upon the foregoing, the Board concluded that MAMCA’s anticipated profitability from its relationship with the CLO Fund, as applicable, was reasonable.
Potential Economies of Scale. The Board noted the competitive environment in which the CLO Fund operates. Given the CLO Fund’s limited history of operations, the Board considered the effect of potential future asset growth on the CLO Fund’s performance and expenses. The Board noted that if the CLO Fund’s assets increase over time, the CLO 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 MAMCA 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 Agreement, including the compensation payable under the New Sub-Advisory Agreement to MAMCA, is in the best interests of the CLO Fund and its shareholders. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve the entering into of the New Sub-Advisory Agreement, for an initial two-year period effective upon the Closing.
305
BONDBLOXX ETF TRUST
General Information (Unaudited)
Investment Adviser
BondBloxx Investment Management Corporation
700 Larkspur Landing Circle, Suite 250
Larkspur, CA 94939
Administrator, Fund Accountant, Transfer and Dividend Agent and Custodian
Brown Brothers Harriman & Co.
50 Post Office Square
Boston, MA 02110
Distributor
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
Chief Compliance Officer
ACA Group
190 Middle Street, Suite 301
Portland, ME 04101
Independent Registered Public Accounting Firm
Cohen & Company, Ltd.
1350 Euclid Avenue, Suite 800
Cleveland, OH 44115
Legal Counsel
Ropes & Gray LLP
Three Embarcadero Center
San Francisco, CA 94111
306
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
