---
ticker: "BNDS"
name: "Infrastructure Capital Bond Income ETF"
url: "https://etf.net/etf/BNDS"
grade: "C"
score: 41
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "65 of 85"
methodology: "https://etf.net/methodology"
---

# BNDS: Infrastructure Capital Bond Income ETF

Grade **C**, Score 41 of 100. Rank 65 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 4 | 82 of 85 |
| Mission | 71 | 57 of 74 |
| Risk | 55 | 35 of 85 |
| Tradability | 61 | 23 of 85 |
| Holdings | 34 | 68 of 85 |
| Durability | 36 | 67 of 85 |

## Top holdings

The fund holds 87 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 163851AJ7 | Chemours Co/The 8% 01/15/2033 | 3.42% |
| 2 | 05614HAA7 | BW Real Estate Inc 9.5% 06/30/2175 | 3.40% |
| 3 | 44965UAA2 | ILFC E-Capital Trust II 7.09% 12/21/2065 | 3.38% |
| 4 | 64828TAB8 | Rithm Capital Corp 8% 04/01/2029 | 3.29% |
| 5 | 92332YAF8 | Venture Global LNG Inc 9% 03/30/2175 | 3.26% |
| 6 | 161175BC7 | Charter Communications Operating LLC / Charter Communications Operating Capital 6.834% 10/23/2055 | 3.18% |
| 7 | 86765KAE9 | Sunoco LP 7.875% 03/18/2175 | 3.01% |
| 8 | 78397DAC2 | SBL Holdings Inc 6.5% 11/13/2174 | 2.79% |
| 9 | 45344LAE3 | Crescent Energy Finance LLC 7.375% 01/15/2033 | 2.77% |
| 10 | 37185LAQ5 | Genesis Energy LP / Genesis Energy Finance Corp 7.875% 05/15/2032 | 2.73% |
| 11 | 21873SAG3 | CoreWeave Inc 9.75% 10/01/2031 | 2.68% |
| 12 | 651229AY2 | Newell Brands Inc 7.5% 04/01/2046 | 2.67% |
| 13 | 92857WBX7 | Vodafone Group PLC 5.125% 06/04/2081 | 2.62% |
| 14 | 03881NAJ6 | Arbor Realty SR Inc 7.875% 07/15/2030 | 2.55% |
| 15 | 69352PAC7 | PPL Capital Funding Inc 7.0012% 03/30/2067 | 2.36% |
| 16 | 91327BAA8 | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 6.5% 02/15/2029 | 2.31% |
| 17 | 87485LAE4 | Talos Production Inc 9.375% 02/01/2031 | 2.27% |
| 18 | 500255AN4 | Kohl's Corp 6% 01/15/2033 | 2.21% |
| 19 | 00130HCL7 | AES Corp/The 6.95% 07/15/2055 | 2.18% |
| 20 | 302491AZ8 | FMC Corp 8.45% 11/01/2055 | 2.05% |
| 21 | 174610BL8 | Citizens Financial Group Inc 6.75% 01/06/2175 | 1.98% |
| 22 | 37045XCA2 | General Motors Financial Co Inc 5.75% 03/30/2175 | 1.90% |
| 23 | 74913G857 | Qwest Corp 6.75% 06/15/2052 | 1.84% |
| 24 | 302635AR8 | FS KKR Capital Corp 7.5% 08/01/2031 | 1.67% |
| 25 | 74913G865 | Qwest Corp 6.5% 09/01/2051 | 1.66% |
| 26 | 629377CU4 | NRG Energy Inc 10.25% 09/15/2175 | 1.61% |
| 27 | 25401T405 | DigitalBridge Group Inc 7.15% 10/15/2174 | 1.60% |
| 28 | 758075840 | Redwood Trust Inc 9.75% 06/01/2031 | 1.50% |
| 29 | 500255AV6 | Kohl's Corp 5.55% 07/17/2045 | 1.47% |
| 30 | 24665FAD4 | Delek Logistics Partners LP / Delek Logistics Finance Corp 8.625% 03/15/2029 | 1.37% |

Source: etf.net, https://etf.net/etf/BNDS. Please cite the page URL.