HBDC Hilton BDC Corporate Bond ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.77 | Day Range | 24.73 – 24.78 |
| 52-Week Range | 23.16 – 27.56 | Volume | 1.28K |
| Avg Volume | 3.98K | AUM | $85.2M (Aug 27, 2026) |
| Expense Ratio | 0.39% | Yield (TTM) | 4.88% |
| NAV | 25.06 | Premium/Discount | -1.12% indicative |
| Inception | Jun 10, 2025 | Holdings | — |
| Issuer | Hilton | Exchange | NASDAQ |
| Category | Corporate Bonds | Index Tracked | Not stated in source data |
| CUSIP | 88636V744 | ISIN | US88636V7441 |
| Management | Not stated in source data | ||
About this ETF
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.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.16% | +0.16% | -0.44% | -1.43% | -1.55% | — | — | — | -1.24% |
| Total return | +0.65% | +1.43% | +2.14% | +1.47% | +3.38% | — | — | — | +4.20% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.39% | Annual cost of a $10,000 investment | $39.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 142 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 1.38% | 1.17M | $1.2M |
| 2 | Ares Strategic Income Fund 5.7% 03/15/2028 | — | 1.36% | 1.15M | $1.2M |
| 3 | Apollo Debt Solutions BDC 6.9% 04/13/2029 | — | 1.34% | 1.11M | $1.1M |
| 4 | Apollo Debt Solutions BDC 6.7% 07/29/2031 | — | 1.32% | 1.11M | $1.1M |
| 5 | Blue Owl Credit Income Corp 5.8% 03/15/2030 | — | 1.32% | 1.15M | $1.1M |
| 6 | Blackstone Private Credit Fund 2.625% 12/15/2026 | — | 1.29% | 1.10M | $1.1M |
| 7 | Ares Capital Corp 2.875% 06/15/2028 | — | 1.26% | 1.11M | $1.1M |
| 8 | Blue Owl Capital Corp 5.95% 03/15/2029 | — | 1.24% | 1.05M | $1.1M |
| 9 | Blue Owl Credit Income Corp 6.6% 09/15/2029 | — | 1.18% | 996.00K | $1.0M |
| 10 | Goldman Sachs Private Credit Corp 5.875%… | — | 1.14% | 984.00K | $967.5K |
| 11 | Sixth Street Lending Partners 6.5% 03/11/2029 | — | 1.09% | 908.00K | $924.0K |
| 12 | Golub Capital BDC Inc 6% 07/15/2029 | — | 1.08% | 911.00K | $915.9K |
| 13 | Sixth Street Lending Partners 6.125% 07/15/2030 | — | 1.08% | 912.00K | $912.8K |
| 14 | Ares Capital Corp 5.875% 03/01/2029 | — | 1.06% | 893.00K | $900.5K |
| 15 | Apollo Debt Solutions BDC 6.55% 03/15/2032 | — | 1.05% | 888.00K | $893.7K |
| 16 | Blackstone Private Credit Fund 3.25% 03/15/2027 | — | 1.04% | 889.00K | $880.6K |
| 17 | Ares Capital Corp 5.8% 03/08/2032 | — | 1.04% | 891.00K | $880.2K |
| 18 | Blackstone Private Credit Fund 6% 01/29/2032 | — | 1.04% | 895.00K | $879.0K |
| 19 | Golub Capital BDC Inc 7.05% 12/05/2028 | — | 1.03% | 847.00K | $870.4K |
| 20 | Blue Owl Capital Corp 2.875% 06/11/2028 | — | 1.02% | 907.00K | $863.5K |
| 21 | Blue Owl Credit Income Corp 6.65% 03/15/2031 | — | 1.01% | 857.00K | $856.1K |
| 22 | Blue Owl Technology Finance Corp 6.75%… | — | 1.00% | 845.00K | $848.0K |
| 23 | HPS Corporate Lending Fund 5.45% 01/14/2028 | — | 0.98% | 834.00K | $832.6K |
| 24 | Ares Strategic Income Fund 6.2% 03/21/2032 | — | 0.97% | 835.00K | $824.6K |
| 25 | Goldman Sachs Private Credit Corp 6.15%… | — | 0.97% | 831.00K | $824.5K |
Click a ticker to see every ETF that owns it.
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 4.88% | Paid (last 12 months) | $1.2095 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jul 30, 2026 | Last payment | $0.1146 (Jul 31, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jul 30, 2026 | Jul 30, 2026 | Jul 31, 2026 | $0.1146 |
| Jun 29, 2026 | Jun 29, 2026 | Jun 30, 2026 | $0.1006 |
| May 28, 2026 | May 28, 2026 | May 29, 2026 | $0.1060 |
| Apr 29, 2026 | Apr 29, 2026 | Apr 30, 2026 | $0.1089 |
| Mar 30, 2026 | Mar 30, 2026 | Mar 31, 2026 | $0.1115 |
| Feb 26, 2026 | Feb 26, 2026 | Feb 27, 2026 | $0.1002 |
| Jan 29, 2026 | Jan 29, 2026 | Jan 30, 2026 | $0.0800 |
| Dec 30, 2025 | Dec 30, 2025 | Dec 31, 2025 | $0.1297 |
| Nov 26, 2025 | Nov 26, 2025 | Nov 28, 2025 | $0.0816 |
| Oct 30, 2025 | Oct 30, 2025 | Oct 31, 2025 | $0.1094 |
| Sep 29, 2025 | Sep 29, 2025 | Sep 30, 2025 | $0.0788 |
| Aug 28, 2025 | Aug 28, 2025 | Aug 29, 2025 | $0.0882 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 2.81% / — | Sharpe 1Y / 3Y | -0.102 / — |
| Max drawdown 1Y / 3Y | -2.93% / — | Sortino 1Y | -0.155 |
| Beta vs S&P 500 (3Y) | 0.069 | Correlation vs S&P 500 (1Y) | 0.283 |
| Downside deviation 1Y | 1.86% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 1.28K | Average volume | 3.98K |
| AUM | $85.2M | Premium/Discount | -1.12% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $85.2M → $85.2M |
| 1 Week | $34.3K | +0.04% | $85.2M → $85.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for HBDC
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.