Invesco BulletShares 2035 Corporate Bond ETF

Frequently Asked Questions About BSCZ

What does BSCZ invest in?

The Invesco BulletShares 2035 Corporate Bond ETF (referred to as the Fund) aims to mirror the investment performance of its underlying benchmark, the BulletShares USD Corporate Bond 2035 Index. The Fund commits a minimum of 80% of its total assets to corporate bonds that are constituents of this index. The Index itself is designed to track a portfolio exclusively composed of U.S. dollar-denominated, investment-grade corporate bonds that are scheduled to mature in 2035. Instead of holding every security in the benchmark, the Fund employs a "sampling" approach to achieve its stated investment goals. Both the Fund's holdings and the Index's composition undergo monthly adjustments. This particular Fund has a defined maturity year of 2035 and is set to cease operations around December 15, 2035. For comprehensive information, please refer to the prospectus.

What is the expense ratio of BSCZ?

Invesco BulletShares 2035 Corporate Bond ETF (BSCZ) charges an expense ratio of 0.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSCZ's dividend yield?

BSCZ's trailing-twelve-month yield is 4.64%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSCZ?

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

What is the credit quality of BSCZ?

BSCZ'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 BSCZ?

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