Invesco BulletShares 2031 High Yield Corporate Bond ETF

Frequently Asked Questions About BSJV

What does BSJV invest in?

This Invesco BulletShares 2031 High Yield Corporate Bond Exchange Traded Fund (ETF) aims to track the performance of the BulletShares USD High Yield Corporate Bond 2031 Index. The ETF commits to investing at least 80% of its total assets in the corporate bonds that constitute this index. The index itself is designed to measure the returns of a collection of high-yield corporate debt instruments, denominated in US dollars, all of which have effective maturities in the year 2031. Rather than acquiring every security within the index, the fund utilizes a "sampling" methodology to achieve its investment objectives. Both the fund and its benchmark index undergo monthly rebalancing. This particular fund is structured with a designated maturity year of 2031 and is expected to cease operations on or around December 15, 2031. For comprehensive details, refer to the prospectus.

What is the expense ratio of BSJV?

Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations.

What is BSJV's dividend yield?

BSJV's trailing-twelve-month yield is 6.90%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BSJV?

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

What is the credit quality of BSJV?

BSJV'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 BSJV?

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