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Income Research + Management and BondBloxx Partner to Launch Tax-Aware ETF

Income Research + Management and BondBloxx Partner to Launch Tax-Aware ETF

New BondBloxx IR+M ETF designed for investors seeking income and tax-efficient bond strategies

Income Research + Management (“Income Research” or “IR+M”) and BondBloxx Investment Management (“BondBloxx”) today announced a new partnership. BondBloxx filed a registration statement for the BondBloxx IR+M Tax-Aware Short Duration ETF, which IR+M will sub-advise.

IR+M is a privately-owned, independent, fixed income investment management firm with over three decades of experience in active portfolio management. BondBloxx, a rapidly growing ETF issuer, specializes in offering a comprehensive range of fixed income ETFs. Through this partnership, clients will gain access to IR+M investment capabilities in a co-branded fixed income ETF wrapper.

“The partnership with BondBloxx represents our first-ever IR+M branded fixed income ETF,” said Erinn King, CFA, Chief Strategy Officer at IR+M. “We’re excited to broaden access to IR+M’s strategies by making them available to all investors. Our respective firms offer complementary expertise and client focus, making BondBloxx a natural strategic partner of choice for IR+M.”

“By adopting a wider perspective on portfolio construction, we can create a more comprehensive approach that seeks to maximize after-tax return. The collaboration between BondBloxx and IR+M brings together experienced teams to develop fixed income solutions for clients.”

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As detailed in the filing, the BondBloxx IR+M Tax-Aware Short Duration ETF (the “Fund”) will seek attractive after-tax income, consistent with preservation of capital and prudent investment management. The Fund will seek to invest in a diversified portfolio of both municipal and taxable short duration fixed income securities; under normal circumstances, at least 50% of the Fund’s assets will be held in municipal securities that pay interest that is exempt from federal income tax.

“Municipal bonds are an important tool for taxable clients. However, investors may overlook other opportunities,” added BondBloxx Co-Founder Tony Kelly. “By adopting a wider perspective on portfolio construction, we can create a more comprehensive approach that seeks to maximize after-tax return. The collaboration between BondBloxx and IR+M brings together experienced teams to develop fixed income solutions for clients.”

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