Bondbloxx ETF Trust - Bondbloxx Private Credit CLO ETF
Bondbloxx ETF Trust - Bondbloxx Private Credit CLO ETF (NASDAQ: PCMM) is an exchange-traded fund listed on NASDAQ, trading at $49.99 (about ₹4,795 a unit) as of 28 Sep 2026, 2:27 PM ET. It has an expense ratio of 0.68% and holds 84 securities. Indian residents can buy PCMM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$49.85
Today's high
$50.00
52 week low
$48.86
52 week high
$51.14
PCMM opened at $49.98, closed previously at $49.98, and has traded between $48.86 and $51.14 over the past 52 weeks.
About
PCMM is an actively managed ETF that focuses on private credit collateralized loan obligations (CLOs). It primarily invests in loans to private companies, which may be U.S. or non-U.S. senior secured or subordinated corporate loans. Typically, the focus is on small to medium-sized private entities. Up to 20% can be allocated to broadly syndicated loans, high yield bonds, and other investments, but no more than 10% can be invested in a single CLO. While emphasizing investment-grade securities, the fund permits up to 25% in high-yield instruments and similarly allows up to 25% in non-U.S. dollar assets. Through active trading, PCMM aims to harness market opportunities, particularly during volatile times. The portfolio manager employs a comprehensive approach, combining top-down economic analysis with bottom-up research and quantitative modeling, and evaluates factors like expected returns, yield, and risk for dynamic trading decisions.
Key statistics
Expense ratio
0.68%
Assets (AUM)
$219.1M
Holdings
84
NAV
$49.80
Avg. volume
—
1-year price change
-1.07%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
PCMM holds 84 securities in total. These 10 are 28.7% of the fund.
Where the money is invested
Sectors
Countries
How to buy PCMM from India
Indian residents can buy PCMM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search PCMM and buy
Find the fund by its ticker, PCMM, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in PCMM from India
Trading and taxes when buying PCMM from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the PCMM price today?
Bondbloxx ETF Trust - Bondbloxx Private Credit CLO ETF (PCMM) last traded at $49.99 on NASDAQ, as of 28 Sep 2026, 2:27 PM ET. That is ₹4,795 a unit at the 27 Sep 2026 USD/INR rate.
When does PCMM trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is PCMM, and what does it cost to hold?
Bondbloxx ETF Trust - Bondbloxx Private Credit CLO ETF manages about $219.1M. Its expense ratio is 0.68% a year, deducted inside the fund. It launched in 2024.
What are PCMM's largest holdings?
The top three are ANTR 2023-1A BR V/R 07/25/37 (4.6%), WDMNT 2022-9A A1 V/R 10/25/36 (4.0%) and CASHUSD (3.4%). PCMM's 10 largest positions make up 28.7% of the fund.
Does PCMM pay dividends?
Yes. PCMM is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on PCMM taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of PCMM?
Yes. You can buy PCMM by amount rather than by whole unit, and there is no minimum trade size.
How has PCMM performed?
PCMM's price is down 1.1% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.