BSJT Profile
Invesco BulletShares 2029 High Yield Corporate Bond ETF is designed to provide investors with targeted exposure to a portfolio of U.S. dollar-denominated high yield corporate bonds, commonly referred to as "junk bonds." The fund seeks to invest at least 80% of its total assets in the securities that make up its underlying index. This index is specifically focused on high yield corporate bonds with maturities or effective maturities scheduled for the year 2029.
The ETF aims to track the performance of its underlying index by holding a diversified selection of high yield corporate bonds. These bonds are issued by companies with lower credit ratings, which typically offer higher yields compared to investment-grade securities. The funds focus on bonds maturing in 2029 allows it to target a specific investment horizon, providing a structured approach to managing interest rate and credit risk.
The underlying index, which the fund follows, is designed to reflect the performance of a portfolio of these high yield corporate bonds as they approach their maturity date. This approach allows investors to gain exposure to high yield bonds while maintaining a clear time frame for the bonds' maturity, which can help in managing duration risk and predicting the funds return profile.
Invesco BulletShares 2029 High Yield Corporate Bond ETF offers investors a specialized investment opportunity within the high yield bond market. The funds strategy focuses on bonds with a set maturity date, providing potential benefits from the higher yields of junk bonds while targeting a specific investment horizon. Its non-diversified nature reflects its concentrated exposure to high yield securities with maturities in 2029, aiming to meet the needs of investors seeking targeted fixed-income investments.
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