Invesco BulletShares 2025 Corporate Bond ETF

Frequently Asked Questions About BSCP

What does BSCP invest in?

The Invesco BulletShares 2025 Corporate Bond ETF (Fund) is based on the Invesco BulletShares Corporate Bond 2025 Index(Index). The Fund will invest at least 80% of its total assets in corporate bonds that comprise the Index. The Index seeks to measure the performance of a portfolio of US dollar-denominated investment grade corporate bonds with maturities or effective maturities in 2025. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly. The Fund has a designated year of maturity of 2025 and will terminate on or about Dec. 15, 2025. See the prospectus for more information.Effective Jan. 1, 2024, the Underlying Index name changed from the Nasdaq BulletShares USD Corporate Bond 2025 Index to the Invesco BulletShares Corporate Bond 2025 Index. See the prospectus for more information.

What is the expense ratio of BSCP?

Invesco BulletShares 2025 Corporate Bond ETF (BSCP) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is the duration of BSCP?

Effective duration measures BSCP's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BSCP's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BSCP?

BSCP's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BSCP?

Yield to maturity (YTM) is the total return you'd earn from BSCP if every bond in the portfolio is held to maturity at the current price. BSCP's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is BSCP?

Invesco BulletShares 2025 Corporate Bond ETF (BSCP) manages $1.90B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.