# BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM) ETF

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> **Last updated:** 2026-03-15 UTC  
> **Disclaimer:** This is not financial advice. Educational purposes only.

## Quick Answer

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM), managed by BondBloxx, is a fixed income ETF. 0.35% expense ratio, $27M AUM, inception 2025.

## Fund Snapshot

- **Fund Name:** BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents
- **Symbol:** TAXM
- **Asset Class:** Fixed Income
- **Issuer:** BondBloxx
- **Domicile:** US
- **Expense Ratio:** 0.35%
- **NAV:** $50.17
- **AUM:** $26.59M
- **Inception Date:** 2025-03-13
- **Holdings Count:** 0
- **Dividend Yield:** 0.00%
- **Beta:** 0.00

## About BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents

The fund invests, under normal circumstances, at least 80% of its total assets (plus the amount of any borrowings for investment purposes) either directly or indirectly (e.g., through derivatives) in a portfolio of U.S. dollar-denominated, investment-grade fixed income debt instruments.

## Investment Strategy

The fund invests, under normal circumstances, at least 80% of its total assets (plus the amount of any borrowings for investment purposes) either directly or indirectly (e.g., through derivatives) in a portfolio of U.S. dollar-denominated, investment-grade fixed income debt instruments. BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents provides exposure to the fixed income market.

## Risk Profile

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents holds only 0 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. A beta of 0.00 indicates lower volatility relative to the broader market. With $27M in assets, the fund may face liquidity constraints and wider bid-ask spreads.

## Country Allocation

- Other: 99.8%
- United States: 0.2%

## Frequently Asked Questions

### What is BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents (TAXM)?

The fund invests, under normal circumstances, at least 80% of its total assets (plus the amount of any borrowings for investment purposes) either directly or indirectly (e.g., through derivatives) in a portfolio of U.S. dollar-denominated, investment With $27M in assets under management, it is a funds in its category.

### What is the expense ratio for TAXM?

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has an expense ratio of 0.35%, which is considered moderate for fixed income ETFs. This means for every $10,000 invested, annual fees would be approximately $35. Lower expense ratios generally lead to better long-term returns, all else being equal.

### How long has TAXM been around?

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by BondBloxx.

### What is the current NAV of TAXM?

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents has a net asset value (NAV) of approximately $50.17 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.

### Is TAXM a good investment?

BondBloxx IR+M Tax-Aware ETF for Massachusetts Residents is a fixed income ETF with $27M in assets. Fixed income ETFs generally provide more stable returns than equity funds but are sensitive to interest rate changes. When rates rise, bond prices typically fall, and vice versa. Whether it is suitable depends on your investment goals, risk tolerance, and time horizon. Consider consulting a financial advisor for personalized guidance.

## Data Sources

- Yahoo Finance (ETF bundle)
- Issuer prospectus
- Stock Expert AI proprietary analysis

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