Invesco BulletShares 2031 Corporate Bond ETF

Frequently Asked Questions About BSCV

What does BSCV invest in?

As part of Invesco's BulletShares investment grade suite, BSCV behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case Dec. 15, 2031instead of perpetual exposure to a maturity pocket of the US corporate investment grade market. As the fund matures, its maturity, duration and YTM will continue to decline. On its target date, BSCV will unwind and return all capital to investors. This structure permits BSCV to be used as a building block for a bond ladder. The fund charges a reasonable fee. Trade BSCV with care during its early days. In all, the fund provides a viable means to access a diverse pool of US investment grade bonds while mimicking the life cycle of an individual bond.

What is the expense ratio of BSCV?

Invesco BulletShares 2031 Corporate Bond ETF (BSCV) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCV's dividend yield?

BSCV's trailing-twelve-month yield is 4.80%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCV?

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

What is the credit quality of BSCV?

BSCV'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 BSCV?

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