Invesco BulletShares 2026 High Yield Corporate Bond ETF

Frequently Asked Questions About BSJQ

What does BSJQ invest in?

The Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) is an exchange-traded fund designed to mirror the performance of the Invesco BulletShares High Yield Corporate Bond 2026 Index. The fund commits to investing a minimum of 80% of its total assets in corporate bonds that are components of this index. The benchmark index itself focuses on a portfolio of U.S. dollar-denominated, high-yield corporate bonds that are scheduled to mature in 2026. Rather than purchasing every security in the index, the ETF employs a "sampling" strategy to achieve its investment objectives. Both the fund and its underlying index undergo monthly rebalancing. BSJQ is structured with a defined maturity year of 2026, and it is slated to terminate around December 15, 2026. Notably, the name of the underlying index changed on January 1, 2024, transitioning from the Nasdaq BulletShares USD High Yield Corporate Bond 2026 Index to its current name, the Invesco BulletShares High Yield Corporate Bond 2026 Index. For complete details, consult the prospectus.

What is the expense ratio of BSJQ?

Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) charges an expense ratio of 0.43%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSJQ's dividend yield?

BSJQ's trailing-twelve-month yield is 5.32%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSJQ?

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

What is the credit quality of BSJQ?

BSJQ'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 BSJQ?

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