Key stats
About Invesco BulletShares 2024 High Yield Corporate Bond ETF
Expense ratio
0.43%
Home page
Inception date
Sep 14, 2016
ISIN
US46138J8339
As another edition of Invesco's BulletShares suite, BSJO behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case, Dec. 31, 2024instead of perpetual exposure to a maturity pocket of the US high-yield market. As it matures, its maturity, duration and YTM will continue to decline. On its target date, BSJO will unwind and return all capital to investors. This structure permits the fund to be used as a building block for a bond ladder. It charges a reasonable fee and provides a means to access a diverse pool of US high-yield bonds while mimicking the life cycle of an individual bond.
Classification
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate73.93%
Government24.15%
Mutual fund1.89%
Cash0.03%