Invesco BulletShares 2033 Corporate Bond ETF (BSCX)

Overview

The Invesco BulletShares 2033 Corporate Bond ETF (BSCY) seeks to provide investment results that correspond generally to the performance of the Nasdaq BulletShares USD Corporate Bond 2033 Index. It focuses on holding a portfolio of corporate bonds maturing in 2033, providing a defined maturity investment strategy.

Reputation and Reliability

Invesco is a well-established and reputable global investment management firm with a long history of offering various investment products, including ETFs.

Management Expertise

Invesco has a team of experienced portfolio managers and analysts dedicated to fixed-income investing and ETF management.

Goal

To seek investment results that correspond generally to the performance of the Nasdaq BulletShares USD Corporate Bond 2033 Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, aiming to track the Nasdaq BulletShares USD Corporate Bond 2033 Index. The index comprises US dollar-denominated, investment-grade corporate bonds with a final maturity date in the year 2033.

Composition The ETF primarily holds U.S. dollar-denominated corporate bonds with maturity dates in 2033.

Market Share: Data not readily available; market share in defined-maturity corporate bond ETF niche varies based on assets within the overall corporate bond market.

Total Net Assets (AUM): 155330075

Key Competitors

• iShares iBonds Dec 2033 Term Corporate ETF (IBDM)

Competitive Landscape

The competitive landscape includes other defined-maturity corporate bond ETFs. BSCY provides a specific target maturity date, which can be attractive to investors seeking predictable income streams and return of principal at maturity. The fund's expense ratio and tracking error relative to its benchmark index are key competitive factors. IBDM is a direct competitor.

Historical Performance: Historical performance data is available in fund fact sheets and on financial websites, showing returns over different time periods.

Benchmark Comparison: The ETF's performance should be compared to the Nasdaq BulletShares USD Corporate Bond 2033 Index, and other broad corporate bond market indices.

Expense Ratio: 0.1

Average Trading Volume

The average trading volume of the ETF can fluctuate and can be found on finance sites.

Bid-Ask Spread

The bid-ask spread can fluctuate based on the market conditions and can be found on finance sites.

Market Environment Factors

Economic conditions, interest rate movements, credit spreads, and overall corporate bond market sentiment impact the ETF's performance.

Growth Trajectory

The growth trajectory depends on investor demand for defined-maturity corporate bond ETFs and the overall health of the corporate bond market. Changes to strategy or holdings are disclosed in fund prospectuses and reports.

Competitive Edge

BSCY's competitive edge stems from its defined-maturity structure, which allows investors to target specific future cash flows. Its affiliation with Invesco provides brand recognition and distribution capabilities. The fund's expense ratio contributes to its competitiveness, and the liquidity of the underlying bonds is a factor. A predictable maturity date can be attractive to investors planning for future liabilities.

Volatility

The ETF's volatility is influenced by interest rate risk, credit risk, and liquidity risk in the corporate bond market.

Market Risk

The ETF is subject to market risk, including fluctuations in interest rates and credit spreads, which can impact the value of the underlying corporate bonds.

Ideal Investor Profile

The ideal investor is one seeking predictable income and return of principal at a specific future date (2033), with a moderate risk tolerance.

Market Risk

BSCY is suitable for long-term investors seeking a defined-maturity investment strategy for predictable income.

The Invesco BulletShares 2033 Corporate Bond ETF (BSCY) offers a defined-maturity strategy, investing in corporate bonds maturing in 2033. It tracks the Nasdaq BulletShares USD Corporate Bond 2033 Index and provides a passive investment approach. Its target maturity structure can be attractive for investors seeking predictable future cash flows. Key factors to consider include expense ratio, credit risk, and interest rate risk. It is a suitable choice for long-term investors seeking to match assets with liabilities maturing in 2033.

Data Sources:

• Invesco website
• ETF.com
• Morningstar
• Nasdaq

Disclaimers:

Data and analysis are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.