Invesco Exchange-Traded Self-Indexed Fund Trust - BulletShares 2030 High Yield Corporate Bond ETF (BSJU)

Overview

The Invesco BulletShares 2030 High Yield Corporate Bond ETF (BSJY) is a target maturity ETF that invests in a diversified portfolio of high-yield corporate bonds with the goal of reaching its stated maturity date around December 31, 2030. The fund's primary focus is on providing current income and returning the original investment amount at maturity. The fund invests primarily in U.S. dollar-denominated high-yield corporate bonds.

Reputation and Reliability

Invesco is a well-established global investment management firm with a strong reputation and a long track record of managing various investment products, including ETFs. They are considered a reliable issuer.

Management Expertise

Invesco has a dedicated team of fixed-income professionals with extensive experience in managing high-yield bond portfolios.

Goal

The ETF aims to provide investment results that correspond generally to the price and yield, before fees and expenses, of the Nasdaq BulletSharesu00ae USD High Yield Corporate Bond 2030 Index.

Investment Approach and Strategy

Strategy: The ETF tracks the Nasdaq BulletSharesu00ae USD High Yield Corporate Bond 2030 Index, which is comprised of USD-denominated, high-yield corporate bonds with effective maturities in 2030.

Composition The ETF holds a portfolio of high-yield corporate bonds. These bonds are selected to provide a diversified exposure to the high-yield corporate bond market while targeting a specific maturity date.

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

Total Net Assets (AUM): 288300000

Key Competitors

• iShares iBonds Dec 2030 Term High Yield Corp ETF (IBJH)

Competitive Landscape

The competitive landscape consists of other target maturity high yield corporate bond ETFs. BSJY offers a similar investment approach to its competitors, with the key differentiator being the underlying index it tracks and potentially the expense ratio. BSJY's competitive advantage lies in its first-mover advantage and established AUM, though IBJH is growing quickly.

Historical Performance: Historical performance should be verified from credible financial data sources. The ETF's performance is tied to high-yield corporate bond market returns.

Benchmark Comparison: The ETF's performance should be compared to the Nasdaq BulletSharesu00ae USD High Yield Corporate Bond 2030 Index.

Expense Ratio: 0.42

Average Trading Volume

The ETF's average trading volume indicates good liquidity, making it relatively easy to buy and sell shares without significantly impacting the price.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating lower transaction costs for investors.

Market Environment Factors

Economic growth, interest rate movements, and credit spreads significantly impact the ETF's performance. Positive economic conditions typically lead to tighter credit spreads and increased bond prices.

Growth Trajectory

The ETF's growth trajectory is tied to investor demand for target maturity bond strategies and the overall performance of the high-yield corporate bond market. As it approaches its maturity date the trading volume might decrease.

Competitive Edge

BSJY's competitive advantage lies in its established AUM and brand recognition within the target maturity high yield bond ETF space. The defined maturity date provides investors with a predictable return of capital, assuming the bonds are held until maturity. It also is the largest ETF in the target maturity high yield bond ETF space. This reduces rollover risk for investors looking to consistently have high yield corporate bond exposure.

Volatility

The ETF's volatility is influenced by the volatility of the high-yield corporate bond market. High-yield bonds are generally more volatile than investment-grade bonds.

Market Risk

The ETF is exposed to market risk, including interest rate risk and credit risk. Rising interest rates can negatively impact bond prices, and credit risk refers to the risk that bond issuers may default on their payments.

Ideal Investor Profile

The ideal investor is one seeking current income and a return of capital at a defined maturity date, while accepting a higher level of risk associated with high-yield bonds.

Market Risk

The ETF is suitable for long-term investors seeking a predictable maturity date and income from high-yield corporate bonds.

The Invesco BulletShares 2030 High Yield Corporate Bond ETF (BSJY) offers a target maturity approach to investing in high-yield corporate bonds, seeking to provide income and return of capital around December 31, 2030. Invesco is a reputable issuer with experience in managing fixed-income portfolios. The ETF is exposed to market risk, including interest rate risk and credit risk. It's best suited for long-term investors seeking a defined maturity date and willing to accept the higher risk of high-yield bonds.

Data Sources:

• Invesco Official Website
• Nasdaq
• FactSet
• Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on your own research and due diligence. Market conditions can change rapidly, and past performance is not indicative of future results.