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BFIX

Build Bond Innovation ETF

NAV:
$25.21
Market Price:
$25.22
NAV Change:
-$0.01 / -0.04%
Market Price Change:
$0.00 / -0.02%
as of 2025-05-09

Fund Objective

The Build Bond Innovation ETF is an actively-managed bond fund that seeks risk mitigation and growth via a mix of fixed income and equity options. The ETF typically has 90% to 95% of its holdings in investment grade bonds, with the remaining assets seeking upside by using a long only options overlay. The fund is designed to be used as a core bond complement. It seeks to outperform the Bloomberg US Aggregate Bond Index over a full market cycle without taking on excess risk.

BFIX Received a 5-Star Overall Morningstar Rating™

Overall rating out of 529 Short-Term Bond funds as of March 31, 2025.

Dividend per Share ($)

BFIX portfolio construction

Data since Fund inception. Additional information available in the Distribution Information section below.

Growth of $10,000

BFIX portfolio construction

Data since Fund inception. Fund performance shown at NAV. Index defined in disclosure section below.

Fund Overview

as of 2025-05-07
Ticker Symbol:BFIX
Gross Expense Ratio:0.45%
NAV:$25.21
NAV Change:-$0.01 / -0.04%
Market Price:$25.22
Market Price Change:$0.00 / -0.02%
CUSIP:12009B101
Total Assets:$13,865,091.33
Shares Outstanding:550000
Inception Date:2022-02-09
Premium Discount:0.02%
30 Day Median Bid Ask Spread:0.48%

Monthly Fund Performance

as of 2025-04-30
Cumulative
 1mo3mo6mo1yrSince Inception
NAV1.53%2.85%5.96%15.22%13.73%
Market Price1.49%2.87%5.92%14.92%13.78%
Bloomberg US Agg Total Return0.39%2.64%2.57%8.02%-0.90%
Annualized
 1yr3yr5yrSince Inception
NAV15.22%6.09%-4.08%
Market Price14.92%5.93%-4.09%

Quarterly Fund Performance

as of 2025-03-31
Cumulative
 1mo3mo6mo1yrSince Inception
NAV0.92%1.84%5.59%12.20%12.02%
Market Price0.99%1.87%5.63%12.20%12.11%
Bloomberg US Agg Total Return0.04%2.78%-0.37%4.88%-1.29%
Annualized
 1yr3yr5yrSince Inception
NAV12.20%4.65%-3.68%
Market Price12.20%4.59%-3.71%

NAV, or Net Asset Value: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day. Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Distribution Information

Distribution Information
Distribution Frequency: Monthly
30 Day SEC Yield: 3.83
Ex-Div DateRecord DatePayable DateAmount ($)Amount (%)
2025-04-292025-04-292025-04-30$0.072734200.2876%
2025-03-272025-03-272025-03-28$0.076566040.3077%
2025-02-272025-02-272025-02-28$0.080124480.3232%
2025-01-302025-01-302025-01-31$0.089055960.3582%
2024-12-242024-12-242024-12-26$0.099698180.4018%
2024-11-272024-11-272024-11-29$0.095554890.3830%
2024-10-302024-10-302024-10-31$0.089858310.3668%
2024-09-272024-09-272024-09-30$0.084972300.3510%
2024-08-292024-08-292024-08-30$0.086706090.3645%
2024-07-302024-07-302024-07-31$0.097233010.4161%
2024-06-272024-06-272024-06-28$0.077748430.3343%
2024-05-302024-05-302024-05-31$0.089794240.3909%
2024-04-262024-04-292024-04-30$0.092732430.4027%
2024-03-262024-03-272024-03-28$0.084270770.3642%
2024-02-272024-02-282024-02-29$0.123560030.5398%
2024-01-292024-01-302024-01-31$0.062704860.2732%
2023-12-272023-12-282023-12-29$0.088522670.3844%
2023-12-272023-12-282023-12-29$0.229150000.8264%
2023-11-282023-11-292023-11-30$0.080384700.3554%
2023-10-272023-10-302023-10-31$0.094225830.4203%
2023-09-272023-09-282023-09-29$0.056016800.2500%
2023-08-292023-08-302023-08-31$0.091788360.4036%
2023-07-272023-07-282023-07-31$0.074722150.3269%
2023-06-282023-06-292023-06-30$0.076714410.3363%
2023-05-262023-05-302023-05-31$0.085145740.3753%
2023-04-262023-04-272023-04-28$0.072559940.3171%
2023-03-292023-03-302023-03-31$0.082534650.3612%
2023-02-242023-02-272023-02-28$0.045613660.2011%
2023-01-272023-01-302023-01-31$0.138736770.6061%
2022-12-232022-12-272022-12-30$0.069908370.3061%
2022-11-282022-11-292022-11-30$0.077632800.3393%
2022-10-272022-10-282022-10-31$0.054888820.2405%
2022-09-282022-09-292022-09-30$0.054308320.2374%
2022-08-292022-08-302022-08-31$0.042103090.1812%
2022-07-272022-07-282022-07-29$0.013043440.0557%
2022-06-282022-06-292022-06-30$0.015177400.0650%
2022-05-262022-05-272022-05-31$0.013593440.0569%
2022-04-272022-04-282022-04-29$0.010711580.0448%
2022-03-292022-03-302022-03-31$0.009786970.0400%

Portfolio Holdings

as of 2025-05-09

Download Holdings

TickerCUSIPNameMarket ValueWeight
91282CMY491282CMY4United States Treasury Note/Bond 3.75% 04/30/2027$4,507,728.9232.60%
91282CMP391282CMP3United States Treasury Note/Bond 4.125% 02/28/2027$521,767.193.77%
91282CMW891282CMW8United States Treasury Note/Bond 3.75% 04/15/2028$498,183.603.60%
91282CMH191282CMH1United States Treasury Note/Bond 4.125% 01/31/2027$350,998.052.54%
91282CMV091282CMV0United States Treasury Note/Bond 3.875% 03/31/2027$329,767.972.39%
91282CLY591282CLY5United States Treasury Note/Bond 4.25% 11/30/2026$271,117.971.96%
58013MEU458013MEU4McDonald's Corp 3.375% 05/26/2025$230,833.981.67%
91159HHZ691159HHZ6US Bancorp 1.45% 05/12/2025$229,933.991.66%
68389XBC868389XBC8Oracle Corp 2.95% 05/15/2025$218,928.381.58%
912828ZT0912828ZT0United States Treasury Note/Bond 0.25% 05/31/2025$199,467.851.44%
912810SN9912810SN9United States Treasury Note/Bond 1.25% 05/15/2050$199,212.891.44%
233331BG1233331BG1DTE Energy Co 1.05% 06/01/2025$192,494.721.39%
58013MFN958013MFN9McDonald's Corp 3.3% 07/01/2025$183,584.811.33%
496902AQ0496902AQ0Kinross Gold Corp 4.5% 07/15/2027$173,653.851.26%
29278NAP829278NAP8Energy Transfer LP 2.9% 05/15/2025$161,940.611.17%
74251VAK874251VAK8Principal Financial Group Inc 3.4% 05/15/2025$161,958.791.17%
49327M3E249327M3E2KeyBank NA/Cleveland OH 4.15% 08/08/2025$159,730.681.16%
91282CME891282CME8United States Treasury Note/Bond 4.25% 12/31/2026$150,685.551.09%
824348BR6824348BR6Sherwin-Williams Co/The 4.25% 08/08/2025$149,754.981.08%
548661DH7548661DH7Lowe's Cos Inc 3.375% 09/15/2025$130,412.470.94%
053332AT9053332AT9AutoZone Inc 3.125% 04/21/2026$130,205.560.94%
91282CMU291282CMU2United States Treasury Note/Bond 4% 03/31/2030$130,040.630.94%
42824CAW942824CAW9Hewlett Packard Enterprise Co 4.9% 10/15/2025$129,108.930.93%
70450YAG870450YAG8PayPal Holdings Inc 1.65% 06/01/2025$112,731.690.82%
548661DP9548661DP9Lowe's Cos Inc 3.1% 05/03/2027$112,001.670.81%
49456BAF849456BAF8Kinder Morgan Inc 4.3% 06/01/2025$106,939.140.77%
05348EAV105348EAV1AvalonBay Communities Inc 3.45% 06/01/2025$106,892.750.77%
020002BH3020002BH3Allstate Corp/The 0.75% 12/15/2025$104,607.400.76%
45866FAU845866FAU8Intercontinental Exchange Inc 4% 09/15/2027$104,960.250.76%
Cash&OtherCash&OtherCash & Other$101,998.520.74%
485106PR3485106PR3City of Kansas City MO 5% 04/01/2026$100,059.000.72%
189054AY5189054AY5Clorox Co/The 4.4% 05/01/2029$95,680.240.69%
00206RJX100206RJX1AT&T Inc 2.3% 06/01/2027$92,906.630.67%
89236TKC889236TKC8Toyota Motor Credit Corp 3.95% 06/30/2025$91,926.650.66%
91282CHV691282CHV6United States Treasury Note/Bond 5% 08/31/2025$90,146.870.65%
00287YAQ200287YAQ2AbbVie Inc 3.6% 05/14/2025$86,988.700.63%
745310AH5745310AH5Puget Energy Inc 3.65% 05/15/2025$79,982.610.58%
63111XAG663111XAG6Nasdaq Inc 5.65% 06/28/2025$80,061.020.58%
084659AM3084659AM3Berkshire Hathaway Energy Co 3.25% 04/15/2028$78,678.860.57%
670346AR6670346AR6Nucor Corp 2% 06/01/2025$78,815.550.57%
46124HAB246124HAB2Intuit Inc 0.95% 07/15/2025$76,487.150.55%
14913R2C014913R2C0Caterpillar Financial Services Corp 1.45% 05/15/2025$74,962.440.54%
79642BW7479642BW74San Antonio Water System 5% 05/15/2036$75,020.980.54%
54811BPT254811BPT2Lower Colorado River Authority 4% 05/15/2034$75,007.410.54%
26875PAP626875PAP6EOG Resources Inc 4.15% 01/15/2026$67,801.340.49%
89236TMS189236TMS1Toyota Motor Credit Corp 4.35% 10/08/2027$67,951.370.49%
037833DT4037833DT4Apple Inc 1.125% 05/11/2025$67,978.390.49%
931142FB4931142FB4Walmart Inc 3.9% 04/15/2028$66,855.060.48%
86765BAU386765BAU3Energy Transfer LP 4% 10/01/2027$65,923.500.48%
806854AK1806854AK1Schlumberger Investment SA 4.5% 05/15/2028$61,844.340.45%
59523UAM959523UAM9Mid-America Apartments LP 4% 11/15/2025$60,805.940.44%
539830BZ1539830BZ1Lockheed Martin Corp 4.45% 05/15/2028$61,319.990.44%
38148LAE638148LAE6Goldman Sachs Group Inc/The 3.75% 05/22/2025$58,970.620.43%
427866BD9427866BD9Hershey Co/The 2.45% 11/15/2029$59,870.310.43%
858119BL3858119BL3Steel Dynamics Inc 2.4% 06/15/2025$59,837.420.43%
718172DD8718172DD8Philip Morris International Inc 5.5% 09/07/2030$53,811.200.39%
377372AM9377372AM9GlaxoSmithKline Capital Inc 3.625% 05/15/2025$53,989.210.39%
09247XAP609247XAP6Blackrock Inc 3.25% 04/30/2029$50,126.610.36%
6174468C66174468C6Morgan Stanley 4% 07/23/2025$49,932.300.36%
458140BQ2458140BQ2Intel Corp 3.75% 03/25/2027$49,213.910.36%
92277GAM992277GAM9Ventas Realty LP 4% 03/01/2028$45,118.290.33%
053332BG6053332BG6AutoZone Inc 6.25% 11/01/2028$46,299.010.33%
25278XAX725278XAX7Diamondback Energy Inc 5.2% 04/18/2027$45,471.210.33%
052769AE6052769AE6Autodesk Inc 3.5% 06/15/2027$44,179.500.32%
674599DT9674599DT9Occidental Petroleum Corp 7.2% 03/15/2029$42,845.210.31%
283695BE3283695BE3El Paso Natural Gas Co LLC 7.5% 11/15/2026$42,760.770.31%
723787AT4723787AT4Pioneer Natural Resources Co 1.125% 01/15/2026$41,995.010.30%
02665WFT302665WFT3American Honda Finance Corp 4.45% 10/22/2027$39,921.000.29%
485106QC5485106QC5City of Kansas City MO 5% 04/01/2040$40,023.540.29%
91282CMS791282CMS7United States Treasury Note/Bond 3.875% 03/15/2028$40,010.940.29%
718546AR5718546AR5Phillips 66 3.9% 03/15/2028$39,180.550.28%
928563AD7928563AD7VMware LLC 4.5% 05/15/2025$37,994.290.27%
133131AW2133131AW2Camden Property Trust 4.1% 10/15/2028$35,415.700.26%
90265EAM290265EAM2UDR Inc 3.5% 07/01/2027$36,144.370.26%
517834AH0517834AH0Las Vegas Sands Corp 2.9% 06/25/2025$34,957.590.25%
235308UW1235308UW1Dallas Independent School District 5% 08/15/2025$35,021.240.25%
05348EAX705348EAX7AvalonBay Communities Inc 2.95% 05/11/2026$32,524.220.24%
59523UAN759523UAN7Mid-America Apartments LP 3.6% 06/01/2027$30,476.070.22%
46625HMN746625HMN7JPMorgan Chase & Co 3.9% 07/15/2025$29,961.000.22%
20826FAG120826FAG1ConocoPhillips Co 3.35% 05/15/2025$26,991.950.20%
927804FS8927804FS8Virginia Electric and Power Co 3.1% 05/15/2025$26,991.840.20%
GLD 250620C00265000GLD 250620C00265000GLD US 06/20/25 C265$26,772.000.19%
713448FL7713448FL7PepsiCo Inc 3.6% 02/18/2028$26,651.710.19%
278642BA0278642BA0eBay Inc 5.95% 11/22/2027$25,832.110.19%
GLD 250919C00310000GLD 250919C00310000GLD US 09/19/25 C310$24,840.000.18%
445047CU5445047CU5HUMBLE TEX INDPT SCH DIST 4% 02/15/2027$25,024.750.18%
IEF 250620C00092000IEF 250620C00092000IEF US 06/20/25 C92$24,225.000.18%
442403KF7442403KF7Houston Independent School District 4% 02/15/2032$25,011.250.18%
025816CY3025816CY3American Express Co 3.95% 08/01/2025$23,959.690.17%
035240AQ3035240AQ3Anheuser-Busch InBev Worldwide Inc 4.75% 01/23/2029$22,226.370.16%
512807AS7512807AS7Lam Research Corp 3.75% 03/15/2026$21,877.770.16%
59523UAP259523UAP2Mid-America Apartments LP 4.2% 06/15/2028$21,787.470.16%
882508BV5882508BV5Texas Instruments Inc 4.6% 02/15/2028$20,182.550.15%
00206RDQ200206RDQ2AT&T Inc 4.25% 03/01/2027$19,922.690.14%
58013MFF658013MFF6McDonald's Corp 3.8% 04/01/2028$19,714.490.14%
49456BAP649456BAP6Kinder Morgan Inc 4.3% 03/01/2028$19,831.750.14%
824348BF2824348BF2Sherwin-Williams Co/The 3.95% 01/15/2026$18,908.090.14%
42217KBF242217KBF2Welltower OP LLC 4% 06/01/2025$17,982.700.13%
20030NBN020030NBN0Comcast Corp 3.375% 08/15/2025$17,980.830.13%
718172BQ1718172BQ1Philip Morris International Inc 3.375% 08/11/2025$17,935.820.13%
TLT 250620C00087000TLT 250620C00087000TLT US 06/20/25 C87$17,730.000.13%
34964CAA434964CAA4Fortune Brands Innovations Inc 4% 06/15/2025$16,975.910.12%
718172DC0718172DC0Philip Morris International Inc 5.25% 09/07/2028$16,389.120.12%
494368BY8494368BY8Kimberly-Clark Corp 3.95% 11/01/2028$14,854.890.11%
00206RHW500206RHW5AT&T Inc 3.8% 02/15/2027$14,819.710.11%
06406RBD806406RBD8Bank of New York Mellon Corp/The 3.85% 04/26/2029$14,719.740.11%
29717PAR829717PAR8Essex Portfolio LP 3.625% 05/01/2027$13,744.560.10%
06051GFS306051GFS3Bank of America Corp 3.875% 08/01/2025$13,984.540.10%
7591EPAQ37591EPAQ3Regions Financial Corp 2.25% 05/18/2025$13,990.590.10%
6174467X16174467X1Morgan Stanley 5% 11/24/2025$13,022.060.09%
189054AW9189054AW9Clorox Co/The 3.9% 05/15/2028$11,833.010.09%
UUP 250620C00028000UUP 250620C00028000UUP US 06/20/25 C28$11,375.000.08%
03027XAG503027XAG5American Tower Corp 4% 06/01/2025$10,992.620.08%
KGC 270115C00015000KGC 270115C00015000KGC US 01/15/27 C15$10,650.000.08%
24422EWF224422EWF2John Deere Capital Corp 3.4% 06/06/2025$9,989.600.07%
442403PT2442403PT2Houston Independent School District 4% 06/01/2039$10,004.270.07%
TLT 270115C00100000TLT 270115C00100000TLT US 01/15/27 C100$10,075.000.07%
MSTR 251219C00500000MSTR 251219C00500000MSTR US 12/19/25 C500$8,660.000.06%
SLV 250620C00029000SLV 250620C00029000SLV US 06/20/25 C29$8,568.000.06%
482480AG5482480AG5KLA Corp 4.1% 03/15/2029$7,902.150.06%
JETS 250620P00021000JETS 250620P00021000JETS US 06/20/25 P21$8,125.000.06%
133131AZ5133131AZ5Camden Property Trust 2.8% 05/15/2030$6,390.090.05%
828807DC8828807DC8Simon Property Group LP 3.375% 06/15/2027$4,902.350.04%
907818EY0907818EY0Union Pacific Corp 3.95% 09/10/2028$5,933.100.04%
05348EBC205348EBC2AvalonBay Communities Inc 3.2% 01/15/2028$5,804.870.04%
438516CB0438516CB0Honeywell International Inc 1.35% 06/01/2025$4,988.170.04%
94106LCB394106LCB3Waste Management Inc 4.5% 03/15/2028$6,038.260.04%
822582BT8822582BT8Shell International Finance BV 2.875% 05/10/2026$5,915.530.04%
42824CBS742824CBS7Hewlett Packard Enterprise Co 4.4% 09/25/2027$3,985.550.03%
571903BM4571903BM4Marriott International Inc/MD 5.45% 09/15/2026$4,040.030.03%
02665WEJ602665WEJ6American Honda Finance Corp 5% 05/23/2025$3,000.070.02%
133131AX0133131AX0Camden Property Trust 3.15% 07/01/2029$2,824.960.02%
IGV 250516P00090000IGV 250516P00090000IGV US 05/16/25 P90$1,050.000.01%
14913R3A314913R3A3Caterpillar Financial Services Corp 3.6% 08/12/2027$985.970.01%
595620AQ8595620AQ8MidAmerican Energy Co 3.1% 05/01/2027$1,955.140.01%

Portfolio holdings and allocations are subject to change and should not be considered investment advice or a recommendation to buy, sell or hold any particular security.

How to Buy

BFIX Availability for Individuals and Advisors

You will leave the Build ETFs site when clicking any link below. The links are provided as a convenience and we disclaim any responsibility for information, services or products found on the websites linked below. Build makes no endorsement or recommendation for any broker, advisor, or other financial intermediary.

Individual Brokerage Accounts

Individual investors may be able to purchase shares of BFIX on the popular brokerage platforms, including those listed above. Please log into your brokerage account and search for the ticker symbol BFIX to check availability. If BFIX is not available, please reach out to your brokerage for more information. You may also call us at (833) 852-8453.

Financial Advisor Platforms

Financial advisors may be able to purchase shares of BFIX on their platforms. Please check with your platform provider or call us at (833) 852-8453 if you require assistance.

 

 

DEFINITIONS OF TERMS:

Investment Grade Fixed Income – To be considered an investment grade issue, the company must be rated at ‘BBB’ or higher by Standard and Poor’s or Moody’s. Anything below this ‘BBB’ rating is considered non-investment grade.

30-Day SEC Yield – Yield calculation that reflects the dividends and interest earned during the period after the deduction of the fund’s expenses. It is also referred to as the “standardized yield.”

Call Option – A call is an option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying security at a specified price within a specified time.

Put Option – Put options give holders of the option the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time frame.

Weighted Average Maturity – Weighted average maturity is a measure of the overall maturity of the debt securities in a portfolio.

Duration – Duration is a measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates. Duration can measure how long it takes, in years, for an investor to be repaid the bond’s price by the bond’s total cash flows. Duration can also measure the sensitivity of a bond’s or fixed income portfolio’s price to changes in interest rates. In general, the higher the duration, the more a bond’s price will drop as interest rates rise (and the greater the interest rate risk). For example, if rates were to rise 1%, a bond or bond fund with a five-year average duration would likely lose approximately 5% of its value.

Option-Adjusted Duration – A measure of fixed income duration that accounts for the effect of a call option on the expected life of a bond.

BFIX News & Insights

BFIX News & Insights

Read news and insights related to the Build Bond Innovation ETF (BFIX), including press releases, articles, and investment ideas.