Invesco BulletShares 2033 Corporate Bond ETF

Frequently Asked Questions About BSCX

What does BSCX invest in?

The Invesco BulletShares 2033 Corporate Bond ETF aims to replicate the performance of the BulletShares USD Corporate Bond 2033 Index. This exchange-traded fund allocates a minimum of 80% of its total assets to corporate debt securities included in this benchmark. The Index itself measures the returns of a selection of US dollar-denominated, investment-grade corporate bonds that share an effective maturity date in 2033. Instead of purchasing every single security within the Index, the Fund employs a "sampling" strategy to meet its investment goals. Both the Fund and its reference Index are adjusted on a monthly basis. With a predefined maturity year of 2033, the Fund is slated to conclude its operations around December 15, 2033. For more comprehensive information, please consult the prospectus.

What is the expense ratio of BSCX?

Invesco BulletShares 2033 Corporate Bond ETF (BSCX) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCX's dividend yield?

BSCX's trailing-twelve-month yield is 4.99%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCX?

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

What is the credit quality of BSCX?

BSCX'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 BSCX?

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