Invesco BulletShares 2028 High Yield Corporate Bond ETF (B28G)

Overview

The provided company description outlines a fund that specializes in investing in high yield corporate bonds, specifically those that are denominated in U.S. dollars and are scheduled to mature or have "effective maturities" in the year 2028. These bonds are also referred to as "junk bonds," which typically offer higher returns due to their higher risk compared to investment-grade bonds. The fund aims to replicate the performance of its underlying index, which measures the performance of this specific portfolio of bonds. However, instead of purchasing all the securities within the index, the fund employs a "sampling" methodology. This approach enables the fund to seek its investment objective by selecting a representative sample of securities that collectively mimic the investment profile and performance of the entire index.

Products and Services

The main offering of the fund centers around investment in high yield corporate bonds with a specific focus. Below is a detailed look at its primary investment service:

• High Yield Corporate Bonds Investments - This product focuses on investing in U.S. dollar-denominated corporate bonds classified as high yield or "junk" due to their higher risk compared to investment-grade bonds. These investments are targeted towards bonds with maturities or "effective maturities" in the year 2028. The goal is to offer investors exposure to higher potential returns through bonds that are expected to perform within the specified timeframe. The fund's strategy involves selecting a representative sample of bonds from its underlying index, rather than purchasing all of the securities, to achieve a similar investment outcome. This sampling methodology allows for efficient portfolio management and aims to mirror the performance of the index which measures the performance of such a portfolio of bonds.