Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)
Invesco BulletShares 2023 High Yield 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 $23.49, up 0.04% on the session, giving a market capitalisation of $434.7M. Its beta of 0.32 implies it has historically moved less than the broad market.
The fund allocates at least 80% of its total capital to securities that replicate its benchmark index. This index is engineered to track the returns of a portfolio comprising U.S. dollar-denominated high-yield corporate bonds, commonly known as "junk bonds," which are scheduled to mature or have an "effective maturity" during 2023. These specific bond holdings are collectively designated as "2023 Bonds."
Invesco BulletShares 2023 High Yield Corporate Bond ETF is most often compared with the following Financial Services names: