Invesco BulletShares 2029 Corporate Bond ETF

Frequently Asked Questions About BSCT

What does BSCT invest in?

The Invesco BulletShares 2029 Corporate Bond ETF (BSCT) aims to replicate the performance of the Invesco BulletShares Corporate Bond 2029 Index. This fund allocates a minimum of 80% of its total assets to corporate bonds found within its underlying index. The index itself focuses on a portfolio of US dollar-denominated, investment-grade corporate bonds that are scheduled to mature in 2029. Rather than purchasing every security in the index, the ETF utilizes a sampling methodology to pursue its investment objective. Both the fund and its benchmark index are rebalanced on a monthly basis. BSCT has a predetermined maturity in 2029, with its operations set to conclude around December 15th of that year. For more detailed information, please refer to the prospectus. It should also be noted that effective January 1, 2024, the underlying index's name was updated from the Nasdaq BulletShares USD Corporate Bond 2029 Index to its current designation, the Invesco BulletShares Corporate Bond 2029 Index.

What is the expense ratio of BSCT?

Invesco BulletShares 2029 Corporate Bond ETF (BSCT) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCT's dividend yield?

BSCT's trailing-twelve-month yield is 4.57%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCT?

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

What is the credit quality of BSCT?

BSCT'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 BSCT?

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