Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2032 Corporate Bond ETF (BSCW)

Overview

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is a target maturity ETF that invests in a portfolio of U.S. dollar-denominated investment grade corporate bonds with effective maturities in the year 2032. The fund aims to provide a predictable income stream and return of principal at the target maturity date. It focuses on the corporate bond sector and uses a self-indexing investment strategy.

Reputation and Reliability

Invesco is a well-established and reputable global investment management firm with a long track record of providing various investment solutions, including ETFs.

Management Expertise

Invesco has a team of experienced portfolio managers and analysts specializing in fixed-income investments, contributing to the fund's management expertise.

Goal

The fund seeks to provide investment results that correspond, before fees and expenses, to the Bloomberg Corporate Bond 2032 Index.

Investment Approach and Strategy

Strategy: BSCW tracks the Bloomberg Corporate Bond 2032 Index, composed of USD-denominated, investment-grade corporate bonds with effective maturities in 2032.

Composition The ETF holds a portfolio of corporate bonds with varying credit ratings within the investment-grade spectrum, all maturing around the year 2032.

Market Share: BSCW holds a moderate market share within the target maturity corporate bond ETF category.

Total Net Assets (AUM): 176348209

Key Competitors

• iShares iBonds Dec 2032 Term Corporate ETF (IBDU)
• BlackRock iShares iBonds ETFs (IBDL)

Competitive Landscape

The competitive landscape includes other target maturity corporate bond ETFs, each with slightly different expense ratios, index methodologies, and portfolio compositions. BSCW's advantage lies in Invesco's established brand and distribution network. Disadvantages may include slightly higher expense ratios compared to some competitors or differences in index tracking accuracy.

Historical Performance: Historical performance data will show returns consistent with investment-grade corporate bond yields with fluctuations based on interest rate changes. Investors should check the performance of the bond every quarter.

Benchmark Comparison: The ETF's performance should closely track the Bloomberg Corporate Bond 2032 Index, with minor deviations due to expense ratios and tracking error.

Expense Ratio: 0.1

Average Trading Volume

The ETF's liquidity is moderate and sufficient for most retail investors.

Bid-Ask Spread

The bid-ask spread is typically narrow, reflecting the ETF's liquidity and the underlying bond market conditions.

Market Environment Factors

Interest rate movements, credit spreads, and overall economic conditions influence the ETF's performance. Rising interest rates generally have a negative impact on bond prices.

Growth Trajectory

The ETF's growth trajectory is tied to investor demand for target maturity bond strategies and the overall health of the corporate bond market. Future changes may involve adjustments to the portfolio to maintain its target maturity.

Competitive Edge

BSCW benefits from Invesco's established brand recognition, providing investors with confidence in the fund's management and strategy. The target maturity structure allows investors to align their bond investments with specific future financial goals. The ETF offers a diversified portfolio of investment-grade corporate bonds, mitigating individual bond risk. BSCW's defined maturity date provides a predictable return of principal, appealing to investors seeking income and capital preservation.

Volatility

The ETF's volatility is generally low, consistent with investment-grade corporate bonds. However, it is susceptible to interest rate risk and credit spread fluctuations.

Market Risk

The primary market risk is interest rate risk, where rising rates can decrease the value of the bond holdings. Additionally, credit risk associated with the underlying corporate bonds can impact performance.

Ideal Investor Profile

The ideal investor is a retiree, income-seeking investors, or an investor planning for a specific future expense, such as college tuition or a down payment on a house.

Market Risk

BSCW is best suited for long-term investors seeking a predictable income stream and return of principal at a specific future date.

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is a target maturity ETF focusing on investment-grade corporate bonds maturing in 2032. It aims to provide a predictable income stream and return of principal at maturity. The ETF's performance is influenced by interest rate movements and credit spreads. BSCW is well-suited for long-term investors seeking predictable income and capital preservation with a defined maturity date and is ideal for those looking to align bond investments with future financial goals.

Data Sources:

• Invesco official website
• Bloomberg
• FactSet

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor.