IPOX® Aggregate Bond Index
Tracks investment-grade and high-yield corporate bonds issued by companies in the IPOX® universe.
Available for licensing
Use this index in ETFs, mutual funds, structured products or as a benchmark.
Performance history
Performance data is not yet available for this index.
About the index
The IPOX® Aggregate Bond Index (IPOXTD) measures the performance of investment-grade and high-yield corporate bonds issued by companies in the IPOX® universe. It provides the broad portfolio within the IPOX® Bond Index family.
Coverage and weighting
The issuer universe connects corporate debt with IPOX® companies, including eligible new listings and businesses that acquire recently public companies. Combining investment-grade and high-yield bonds provides a view across different levels of corporate credit quality within that universe.
The index is market value-weighted. Each eligible bond's contribution therefore relates to its market value within the portfolio, subject to the methodology's security eligibility and portfolio provisions.
Interpreting the portfolio
Bond performance combines interest income with changes in market prices. The portfolio's characteristics depend on its credit mix, maturities and issuer composition, as well as prevailing market conditions.
IPOXTD provides a reference for corporate debt research and comparisons with the more focused High Yield and Liquid Investment Grade portfolios.
Supporting fact sheets are available on the IPOX® Bond Indexes page. Contact IPOX® for current eligibility and maintenance provisions, portfolio information and licensing enquiries.