Invesco BulletShares 2032 Corporate Bond ETF

Frequently Asked Questions About BSCW

What does BSCW invest in?

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is crafted to replicate the performance of the Invesco BulletShares Corporate Bond 2032 Index. This ETF commits at least 80% of its total assets to investing in corporate bonds that constitute this benchmark index. The underlying index itself is composed of U.S. dollar-denominated, high-quality corporate debt instruments, all possessing an effective maturity date in 2032. Rather than holding every single security within the index, the Fund utilizes a "sampling" technique to achieve its investment goals. Both the Fund's holdings and its benchmark index are adjusted monthly. The Fund has a specified maturity year of 2032 and is slated to conclude its operations around December 15th of that year. For complete information, please refer to the fund's prospectus. Please be aware that, as of January 1, 2024, the name of the underlying index was updated from the Nasdaq BulletShares USD Corporate Bond 2032 Index to its current designation, the Invesco BulletShares Corporate Bond 2032 Index.

What is the expense ratio of BSCW?

Invesco BulletShares 2032 Corporate Bond ETF (BSCW) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCW's dividend yield?

BSCW's trailing-twelve-month yield is 4.87%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCW?

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

What is the credit quality of BSCW?

BSCW'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 BSCW?

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