Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV)
Invesco BulletShares 2031 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 $25.22, down 0.39% on the session, giving a market capitalisation of $111.0M. Its beta of 0.31 implies it has historically moved less than the broad market.
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.
Invesco BulletShares 2031 High Yield Corporate Bond ETF is most often compared with the following Financial Services names: