BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI)

The BondBloxx IR+M Tax-Aware Intermediate Duration ETF is an actively managed fixed-income fund from BondBloxx Investment Management, with portfolio management by Income Research + Management (IR+M), a Boston-based fixed-income specialist.

The fund aims to deliver attractive after-tax income by flexibly allocating between tax-exempt municipal bonds and taxable bonds such as corporate, government and securitized debt, depending on their relative value after taxes. The portfolio targets an intermediate duration and emphasizes investment-grade credit.

The strategy is designed for taxable investors who want a single core bond holding that adjusts its mix of municipal and taxable securities with tax efficiency in mind.