Key stats
About Build Bond Innovation ETF
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Inception date
Feb 9, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Build Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US12009B1017
BFIX provides a multi-asset approach to capital appreciation through a fixed income and equity option overlay strategy. Through its fixed income strategy, invested directly or indirectly via unaffiliated ETFs, the fund mainly holds investment grade fixed income securities of US and non-US issuers, denominated in USD and selected using value-style investing. These may include debentures, mortgage-backed securities (MBS), consumer asset-backed securities (e.g., credit card and auto loan receivables), and commercial mortgage-backed securities (CMBS), as well as bonds issued by the US and foreign governments and corporate entities. BFIX may invest in bonds of any maturity while maintaining a moderate duration of 1-10 years and a BBB- equivalent or better average credit quality. The funds equity option overlay strategy provides a US large-cap exposure, it goes long up to 10% in S&P 500 call options.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government53.59%
Corporate43.65%
Rights & Warrants1.32%
Cash0.82%
Mutual fund0.62%
Stock breakdown by region
North America99.29%
Europe0.71%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BFIX invests in bonds. The fund's major sectors are Government, with 53.59% stocks, and Corporate, with 43.65% of the basket. The assets are mostly located in the North America region.
BFIX top holdings are United States Treasury Notes 3.875% 31-MAY-2027 and United States Treasury Notes 3.75% 30-JUN-2027, occupying 17.89% and 7.05% of the portfolio correspondingly.
BFIX last dividends amounted to 0.07 USD. The month before, the issuer paid 0.09 USD in dividends, which shows a 35.74% decrease.
BFIX assets under management is 10.66 M USD. It's fallen 5.73% over the last month.
BFIX fund flows account for 2.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BFIX pays dividends to its holders with the dividend yield of 4.02%. The last dividend (Aug 29, 2025) amounted to 0.07 USD. The dividends are paid monthly.
BFIX shares are issued by Build Asset Management LLC under the brand Build. The ETF was launched on Feb 9, 2022, and its management style is Active.
BFIX expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
BFIX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BFIX invests in bonds.
BFIX price has fallen by −0.12% over the last month, and its yearly performance shows a 1.15% increase. See more dynamics on BFIX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.42% over the last month, showed a 1.01% increase in three-month performance and has increased by 10.09% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.42% over the last month, showed a 1.01% increase in three-month performance and has increased by 10.09% in a year.
BFIX trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.