AUM $85.2MER 0.39%NAV $25.06Holdings —Inception Jun 2025
Price Chart
Key Statistics
Previous Close
$24.56Day Range
$24.51$24.61
52-Week Range
$24.36$25.34
Avg Volume
1.3KDividend Yield
3.21%Expense Ratio
0.39%AUM
$85.2MShares Outstanding
572.6KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Hilton
- Inception Date
- Jun 10, 2025
- Exchange
- NASDAQ
- Description
- HBDC is the first ETF focusing on debt issued by US registered business development companies (BDCs). A BDC is a unique vehicle designed to invest in small and medium-sized US businesses to encourage the flow of capital to private enterprises. Debt securities of such companies tend to yield above-average returns compared to Baa-rated corporate bonds, potentially providing more attractive income while generally maintaining investment-grade credit ratings. BDCs also have a track record of timely repayment, underscoring their stability and reliability. The underlying index focuses on fixed-coupon bonds issued by BDCs listed in the annual Business Development Company Report published by the SEC. Eligible bonds must meet minimum liquidity and size requirements. Securities are weighted in the portfolio based on market value. To avoid over-concentration, the index imposes a 10% cap per issuer and rebalances quarterly.
The Hilton BDC Corporate Bond ETF (HBDC) is an exchange-traded fund issued by Hilton that launched on Jun 10, 2025. It currently manages $85.2M in assets under management. The fund charges an expense ratio of 0.39%.
Top 10 holdings represent 12.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Cash & Other | 1.47% | 1,236,759 | $1.2M |
| 2 | — | Ares Capital Corp 2.875% 06/15/2028 | 1.30% | 1,144,000 | $1.1M |
| 3 | — | Blue Owl Capital Corp 5.95% 03/15/2029 | 1.22% | 1,030,000 | $1.0M |
| 4 | — | Apollo Debt Solutions BDC 6.9% 04/13/2029 | 1.20% | 992,000 | $1.0M |
| 5 | — | Ares Strategic Income Fund 5.7% 03/15/2028 | 1.18% | 997,000 | $997K |
| 6 | — | Apollo Debt Solutions BDC 6.7% 07/29/2031 | 1.18% | 988,000 | $992K |
| 7 | — | Blue Owl Credit Income Corp 5.8% 03/15/2030 | 1.15% | 997,000 | $966K |
| 8 | — | Blackstone Private Credit Fund 2.625% 12/15/2026 | 1.14% | 965,000 | $959K |
| 9 | — | Ares Capital Corp 5.875% 03/01/2029 | 1.09% | 913,000 | $915K |
| 10 | — | Blue Owl Technology Finance Corp 6.5% 10/15/2029 | 1.08% | 920,000 | $908K |
| 11 | — | Goldman Sachs Private Credit Corp 5.875% 01/31/2031 | 1.07% | 924,000 | $903K |
| 12 | — | Blue Owl Credit Income Corp 6.6% 09/15/2029 | 1.07% | 896,000 | $899K |
| 13 | — | Ares Capital Corp 5.8% 03/08/2032 | 1.06% | 916,000 | $892K |
| 14 | — | FS KKR Capital Corp 7.5% 08/01/2031 | 1.00% | 835,000 | $843K |
| 15 | — | Blue Owl Capital Corp 2.875% 06/11/2028 | 0.99% | 877,000 | $832K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.20% | |
| 1W | -0.26% | |
| 1M | -0.80% | |
| 3M | -0.38% | |
| 6M | +0.62% | |
| YTD | -2.10% | |
| 1Y | -2.49% | |
| 3Y | -1.53% | |
| 5Y | -1.53% |
Moving Averages
20-Day MA
$24.72
Below 20-Day MA50-Day MA
$24.73
Below 50-Day MA200-Day MA
$24.81
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.34
Current Price
$24.51
52-Week Low
$24.36
$24.36$25.34
Current Yield
3.21%
Annual Dividend
$0.4266
Frequency
Monthlyx/year
Last Ex-Date
May 28, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| May 28, 2026 | $0.1060 | May 29, 2026 |
| Apr 29, 2026 | $0.1089 | Apr 30, 2026 |
| Mar 30, 2026 | $0.1115 | Mar 31, 2026 |
| Feb 26, 2026 | $0.1002 | Feb 27, 2026 |
| Jan 29, 2026 | $0.0800 | Jan 30, 2026 |
| Dec 30, 2025 | $0.1297 | Dec 31, 2025 |
| Dec 30, 2025 | $0.1297 | Dec 31, 2025 |
| Nov 26, 2025 | $0.0816 | Nov 28, 2025 |
| Oct 30, 2025 | $0.1094 | Oct 31, 2025 |
| Sep 29, 2025 | $0.0788 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0882 | Aug 29, 2025 |
| Jul 30, 2025 | $0.1218 | Jul 31, 2025 |
Dividend Payments Over Time
Category Comparison
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