Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)
Invesco BulletShares 2024 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 $22.68, up 0.04% on the session, giving a market capitalisation of $437.0M. Its beta of 0.39 implies it has historically moved less than the broad market.
The Invesco BulletShares 2024 High Yield Corporate Bond ETF aims to mirror the performance of a specific benchmark. To achieve this, it commits a substantial portion—at least 80%—of its total capital to the debt securities that comprise this underlying index. The benchmark itself focuses on a portfolio of corporate bonds issued in U.S. dollars. These are predominantly speculative-grade corporate bonds, more commonly known as "junk bonds," all of which have a scheduled or "effective" maturity date in the year 2024. These particular debt instruments are collectively designated as "2024 Bonds."
Invesco BulletShares 2024 High Yield Corporate Bond ETF is most often compared with the following Financial Services names: