Invesco BulletShares 2028 Corporate Bond ETF (BSCS)
Invesco BulletShares 2028 Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $20.38, up 0.07% on the session, giving a market capitalisation of $3.53B. Its beta of 0.59 implies it has historically moved less than the broad market.
The Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is designed to track the performance of the Invesco BulletShares Corporate Bond 2028 Index. This fund allocates a minimum of 80% of its total assets to the corporate bonds that make up its benchmark index. The index itself measures the returns of a curated selection of US dollar-denominated, investment-grade corporate bonds, all with effective maturities in the year 2028. Rather than holding every security within the index, the Fund employs a "sampling" methodology to fulfill its investment objective. Both the fund and its underlying index undergo monthly rebalancing. With a targeted maturity year of 2028, the ETF is scheduled to terminate its operations on or about December 15, 2028. For comprehensive details, please consult the prospectus. It's also noteworthy that as of January 1, 2024, the name of the underlying index was updated from the Nasdaq BulletShares USD Corporate Bond 2028 Index to its current designation.
Invesco BulletShares 2028 Corporate Bond ETF is most often compared with the following Financial Services names: