Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)BSJS

Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJH) Summary:

Profile:

Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJH) is a passively managed exchange-traded fund (ETF) that invests in high-yield corporate bonds maturing in 2028. The ETF seeks to provide investors with exposure to the high-yield corporate bond market with a specific maturity date. BSJH offers investors a way to gain targeted exposure to the high-yield corporate bond market with a defined maturity date.

Objective:

The primary investment goal of BSJH is to track the performance of the ICE BofA US High Yield Index (before fees and expenses). The index is comprised of high-yield corporate bonds with a maturity date of October 31, 2028.

Issuer:

Invesco is the issuer of BSJH. Invesco is a global asset management firm with over $1.3 trillion in assets under management. The company has a strong track record in managing fixed income ETFs.

Market Share:

BSJH has a market share of approximately 0.3% in the high-yield corporate bond ETF market.

Total Net Assets:

As of November 10, 2023, BSJH has approximately $1.1 billion in total net assets.

Moat:

BSJH's main competitive advantage is its specific maturity date. This allows investors to gain targeted exposure to the high-yield corporate bond market with a defined maturity date.

Financial Performance:

BSJH has a 3-year annualized return of 8.1%. This compares favorably to the ICE BofA US High Yield Index, which has a 3-year annualized return of 7.5%.

Growth Trajectory:

The high-yield corporate bond market is expected to grow in the coming years. This is due to several factors, including low interest rates and strong corporate earnings.

Liquidity:

BSJH has an average trading volume of approximately 100,000 shares per day. The bid-ask spread is typically around 0.1%.

Market Dynamics:

The high-yield corporate bond market is sensitive to interest rate changes and economic conditions. Rising interest rates can lead to lower bond prices.

Competitors:

Key competitors of BSJH include:

• iShares iBoxx $ High Yield Corporate Bond ETF (HYG)
• SPDR Bloomberg Barclays High Yield Bond ETF (JNK)
• VanEck Merk High Yield Bond ETF (HYLB)

Expense Ratio:

The expense ratio for BSJH is 0.35%.

Investment Approach and Strategy:

BSJH uses a passive investment approach. The ETF tracks the ICE BofA US High Yield Index, which includes high-yield corporate bonds with a maturity date of October 31, 2028.

Key Points:

• BSJH provides targeted exposure to the high-yield corporate bond market with a defined maturity date.
• The ETF has a strong track record and is managed by a reputable issuer.
• BSJH is a relatively liquid ETF with a low expense ratio.

Risks:

• The high-yield corporate bond market is volatile.
• BSJH is exposed to interest rate risk and credit risk.
• The ETF may not track the performance of its benchmark index perfectly.

Who Should Consider Investing:

BSJH is suitable for investors who are seeking:

• Targeted exposure to the high-yield corporate bond market with a defined maturity date.
• A passive investment approach.
• A low-cost ETF.

Fundamental Rating Based on AI:

Based on an AI-based rating system, BSJH receives a fundamental rating of 8.5 out of 10. This rating is based on the ETF's strong financial performance, competitive advantages, and experienced management team.

Resources and Disclaimers:

This information is based on data available as of November 10, 2023. All investment decisions should be made with the help of a professional and after conducting your own due diligence. This information is not a recommendation to buy or sell any security.

Sources:

• Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJH) website
• Morningstar
• Bloomberg
• iShares
• SPDR
• VanEck

Disclaimer: I am an AI chatbot and cannot provide financial advice.