Invesco BulletShares 2028 Corporate Bond ETF

Frequently Asked Questions About BSCS

What does BSCS invest in?

The Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is designed to track the performance of the Invesco BulletShares Corporate Bond 2028 Index. This fund allocates a minimum of 80% of its total assets to the corporate bonds that make up its benchmark index. The index itself measures the returns of a curated selection of US dollar-denominated, investment-grade corporate bonds, all with effective maturities in the year 2028. Rather than holding every security within the index, the Fund employs a "sampling" methodology to fulfill its investment objective. Both the fund and its underlying index undergo monthly rebalancing. With a targeted maturity year of 2028, the ETF is scheduled to terminate its operations on or about December 15, 2028. For comprehensive details, please consult the prospectus. It's also noteworthy that as of January 1, 2024, the name of the underlying index was updated from the Nasdaq BulletShares USD Corporate Bond 2028 Index to its current designation.

What is the expense ratio of BSCS?

Invesco BulletShares 2028 Corporate Bond ETF (BSCS) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCS's dividend yield?

BSCS's trailing-twelve-month yield is 4.45%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCS?

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

What is the credit quality of BSCS?

BSCS'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 BSCS?

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