Invesco BulletShares 2027 Corporate Bond ETF

Frequently Asked Questions About BSCR

What does BSCR invest in?

The Invesco BulletShares 2027 Corporate Bond ETF aims to replicate the performance of the Invesco BulletShares Corporate Bond 2027 Index. This fund commits at least 80% of its total capital to the corporate debt instruments that comprise its reference index. The benchmark itself is designed to gauge the returns of a collection of US dollar-denominated, investment-grade corporate bonds, all of which share an effective maturity date in 2027. Rather than acquiring every single security within the index, the fund utilizes a "sampling" approach to pursue its stated investment objective. Both the fund's portfolio and its underlying index are subject to monthly rebalancing. With a target maturity year of 2027, this fund is scheduled to liquidate on or about December 15, 2027. It is important to note that effective January 1, 2024, the underlying index's designation officially transitioned from the "Nasdaq BulletShares USD Corporate Bond 2027 Index" to the "Invesco BulletShares Corporate Bond 2027 Index." Investors are encouraged to review the full prospectus for additional details and comprehensive information regarding the fund and this change.

What is the expense ratio of BSCR?

Invesco BulletShares 2027 Corporate Bond ETF (BSCR) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCR's dividend yield?

BSCR's trailing-twelve-month yield is 4.25%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCR?

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

What is the credit quality of BSCR?

BSCR'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 BSCR?

Yield to maturity (YTM) is the total return you'd earn from BSCR if every bond in the portfolio is held to maturity at the current price. BSCR'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.