BBCB seeks to track the Bloomberg US Corporate Bond Index, to provide exposure to investment grade, USD-denominated corporate bonds and publicly-issued debt securities. The index selects and weights component securities using their market value. BBCB does not target a specific maturity and duration range when selecting components for the fund. The fund may invest in USD-denominated foreign securities and derivatives to hedge various investments. Prior to Feb. 1, 2023, this fund was actively managed, and was named JPMorgan High Yield Research Enhanced ETF, with a ticker of JIGB.