{"id":928742,"date":"2026-01-20T13:34:19","date_gmt":"2026-01-20T18:34:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bondbloxx-first-to-market-private-credit-etf-pcmm-celebrates-growth-and-1-year-anniversary\/"},"modified":"2026-01-20T13:34:19","modified_gmt":"2026-01-20T18:34:19","slug":"bondbloxx-first-to-market-private-credit-etf-pcmm-celebrates-growth-and-1-year-anniversary","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bondbloxx-first-to-market-private-credit-etf-pcmm-celebrates-growth-and-1-year-anniversary\/","title":{"rendered":"BondBloxx First to Market Private Credit ETF (PCMM) Celebrates Growth and 1 Year Anniversary"},"content":{"rendered":"
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\n PCMM offers investors access to a diversified private credit portfolio with the transparency and liquidity of an ETF and a management fee that is 50% less than most interval funds<\/em>\n <\/p>\n

\n Exchange traded, pure private credit exposure offered by PCMM has helped make it a standout over the past twelve months as the universe of more accessible private credit investments has expanded<\/em>\n <\/p>\n

LARKSPUR, Calif., Jan. 20, 2026 (GLOBE NEWSWIRE) — Launched just over a year ago, the\u00a0BondBloxx Private Credit CLO ETF (PCMM)<\/a> has quickly emerged as a leader in the private credit ETF category, offering investors targeted exposure to loans powering the growth of America\u2019s privately owned \u201cmiddle market\u201d companies, one of the true growth engines of the U.S. economy. Since launch, PCMM has grown to more than $185 million in assets under management and currently delivers a 7.22% yield-to-maturity and a 6.49% SEC yield.<\/p>\n

In recognition of PCMM\u2019s innovation, growth, and anniversary, the BondBloxx team will be ringing the Nasdaq closing bell today.<\/p>\n

\u201cAs investor interest in private credit has grown and gained greater acceptance as a key part of a diversified income portfolio, investors and advisors have come to understand that what\u2019s \u2018under the hood\u2019 in a private credit fund truly matters. Strong credit selection and diversification are essential, and both play a major role in how PCMM was built and how it is run,\u201d said Tony Kelly, Co-Founder of BondBloxx. \u201cWith daily liquidity, transparency, and cost efficiency, PCMM is reshaping how investors think about allocating to other private credit vehicles, such as interval funds.\u201d<\/p>\n

Private credit has expanded rapidly as investors seek income, diversification, and reduced volatility alongside or in place of traditional public bond market exposures. The global private credit market is currently estimated at approximately $30 trillion across all categories and appears poised to see further growth in 2026 and beyond. In 2025, PCMM exhibited meaningfully lower volatility than broad stock or bond index exposures, with one-eighteenth that of the S&P 500 Index and one-quarter of the commonly cited Bloomberg U.S. Aggregate Bond Index, underscoring its use as a stabilizing allocation within diversified portfolios.<\/p>\n

\u201cPCMM resonates with clients looking for income and diversification from truly targeted exposure to private credit\u201d said JoAnne Bianco, Senior Investment Strategist at BondBloxx. \u201cUnlike strategies that blend public and private credit, PCMM is designed to invest only in private credit. The fund is highly diversified, which can help reduce the risk associated with\u00a0concentrating in a single manager, sector or company. Across the underlying portfolio, PCMM provides exposure to over 7,000 middle market company loans.\u201d<\/p>\n

An attention-grabbing fund since its launch, PCMM remained on investors\u2019 radars as 2025 unfolded, and was a key reason behind BondBloxx being named Best Fixed Income Asset Manager at the WealthManagement.com \u201cWealthies\u201d Awards in September.1<\/sup><\/p>\n

That was one of several honors the fund and the firm have secured in recent months, which also include:<\/p>\n