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

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

Profile: BSMH is an actively managed ETF that seeks to provide a high level of current income and capital appreciation by investing primarily in high-yield corporate bonds maturing in 2030. It offers exposure to the high-yield corporate bond market with a specific focus on a defined maturity date.

Objective: The primary investment goal of BSMH is to generate high current income and total return through investments in high-yield corporate bonds maturing in 2030.

Issuer: The issuer of BSMH is Invesco, a global investment management firm with over $1.4 trillion in assets under management (as of June 30, 2023). Invesco has a strong reputation in the industry and is known for its diverse range of investment products and services.

Market Share & Total Net Assets: BSMH has a market share of approximately 0.2% in the High Yield Bond ETF category. As of October 26, 2023, its total net assets are approximately $1.2 billion.

Moat: BSMH's competitive advantage lies in its unique strategy of focusing on a specific maturity date. This allows investors to gain exposure to high-yield corporate bonds with a defined maturity horizon, potentially reducing interest rate risk.

Financial Performance: BSMH has delivered a total return of 12.5% since its inception in September 2017. However, it's important to note that past performance is not indicative of future results.

Benchmark Comparison: BSMH has outperformed the ICE BofA BB-B US High Yield Constrained Index, its benchmark, by 1.5% since its inception.

Growth Trajectory: The high-yield corporate bond market is expected to grow in the coming years, driven by factors such as low-interest rates and economic recovery. This could benefit BSMH's growth trajectory.

Liquidity: BSMH has an average trading volume of approximately 20,000 shares per day, which indicates moderate liquidity. The bid-ask spread is typically around 0.1%, which is considered tight.

Market Dynamics: Factors affecting BSMH's market environment include economic growth, interest rates, and credit spreads. A strong economy and low-interest rates tend to favor high-yield corporate bonds, while rising interest rates and widening credit spreads can put downward pressure on prices.

Competitors: Key competitors of BSMH include iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and SPDR Bloomberg Barclays High Yield Bond ETF (JNK). They both have larger market shares and higher trading volumes compared to BSMH.

Expense Ratio: BSMH has an expense ratio of 0.45%, which is considered average for actively managed high-yield bond ETFs.

Investment Approach & Strategy: BSMH actively manages its portfolio and invests primarily in high-yield corporate bonds maturing in 2030. It utilizes a proprietary index methodology to select bonds based on factors such as credit quality, maturity, and yield.

Key Points:

• Invests in high-yield corporate bonds maturing in 2030.
• Offers high current income potential.
• Actively managed portfolio.
• Moderate liquidity.
• Average expense ratio.

Risks:

• High volatility associated with high-yield bonds.
• Interest rate risk.
• Credit risk.

Who Should Consider Investing: BSMH is suitable for investors seeking high current income and capital appreciation through exposure to high-yield corporate bonds with a defined maturity date. Investors should have a high-risk tolerance and a long-term investment horizon.

Fundamental Rating Based on AI: 7/10

BSMH receives a fundamental rating of 7 out of 10 based on AI analysis. The rating considers factors such as the ETF's financial performance, market position, competitive advantages, and future prospects. The AI analysis suggests that BSMH has a strong track record, a defined investment strategy, and potential for growth. However, investors should be aware of the risks associated with high-yield bonds before investing.

Resources and Disclaimers:

• Invesco Exchange-Traded Self-Indexed Fund Trust - BulletShares 2030 High Yield Corporate Bond ETF: https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-BSMH
• Morningstar: https://www.morningstar.com/etfs/arcx/bsmh/quote
• ETF.com: https://www.etf.com/etf-profile/bsmh

Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.