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BFIX - Build Bond Innovation ETF

Expense Ratio: 0.45%

BFIX ETF Stock Chart

BFIX Profile

Build Bond Innovation ETF logo

The Build America Bond Innovation ETF (BFIX) is an exchange-traded fund (ETF) that seeks to provide investors with exposure to Build America Bonds (BABs), which are taxable municipal bonds issued by state and local governments in the United States.

The ETF seeks to track the performance of the ICE BofAML US Build America Bond Index, which is designed to measure the performance of the BAB market. The index includes BABs with various maturities and credit ratings issued by state and local governments in the United States.

As an ETF, BFIX provides investors with an easy and efficient way to invest in the BAB market. The fund achieves this by investing in a diversified portfolio of BABs that closely tracks the performance of the ICE BofAML US Build America Bond Index.

BFIX's portfolio is primarily composed of BABs issued by state and local governments in the United States. The fund's holdings are selected and weighted to closely track the performance of the ICE BofAML US Build America Bond Index.

The ETF has an expense ratio of 0.35%, which is relatively low compared to other actively managed funds. BFIX's net asset value (NAV) has grown over time, reflecting the performance of the underlying index and the fund's holdings.

However, as with all investments, BFIX is subject to various risks and uncertainties, including credit risk, interest rate risk, and liquidity risk associated with the BAB market. In addition, the performance of the fund may be affected by factors such as changes in the global economy and political and regulatory changes.

Overall, Build America Bond Innovation ETF (BFIX) is an ETF that seeks to provide investors with exposure to the BAB market. The fund provides investors with an easy and efficient way to invest in BABs and has a relatively low expense ratio. However, the performance of the fund is subject to various risks and uncertainties associated with the BAB market and the glob


 

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