Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX)

Bondbloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund in the Short Term Bond category. It has $295.60M in assets, an expense ratio of 0.35% and a 3.49% dividend yield. The fund is newly organized and invests in a diversified portfolio of U.S. dollar-denominated municipal and taxable short duration fixed income securities that in the Sub-Adviser’s view offers relatively attractive after-tax income. The fund invests, under normal circumstances, at least 50% of its total assets in municipal securities that pay interest that is exempt from U.S. federal income tax.