Invesco BulletShares 2029 High Yield Corporate Bond ETF

Frequently Asked Questions About BSJT

What does BSJT invest in?

The Invesco BulletShares 2029 High Yield Corporate Bond ETF seeks to replicate the performance of the Invesco BulletShares High Yield Corporate Bond 2029 Index. This fund invests a minimum of 80% of its total assets in corporate bonds that are part of the index. The index itself tracks a basket of US dollar-denominated, high-yield corporate bonds, all of which share an effective maturity date in 2029. To achieve its investment goal, the fund utilizes a "sampling" approach rather than acquiring every security within the index. Both the fund and its benchmark index undergo monthly rebalancing. This ETF has a predetermined maturity year of 2029 and is scheduled to terminate around December 15th of that year. It's noteworthy that on January 1, 2024, the underlying index's name transitioned from the Nasdaq BulletShares USD High Yield Corporate Bond 2029 Index to its current Invesco BulletShares designation. Comprehensive details are provided in the prospectus.

What is the expense ratio of BSJT?

Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSJT's dividend yield?

BSJT's trailing-twelve-month yield is 6.67%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSJT?

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

What is the credit quality of BSJT?

BSJT'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 BSJT?

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