The Invesco BulletShares 2024 Corporate Bond ETF has delivered steady returns and has a shallow drawdown profile compared to other fixed income instruments. The fund's maturity later this year and the tight credit spread environment make it better to sell now and invest in risk-free funds as a cash alternative. The fund's current analytics show a 30-day yield below treasuries, making it riskier and yielding less than treasuries, with no upside potential.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| AAL Avraham A. Levitan Glass Jacobson Investment Advisors LLC | 6,790 | $139,923.53 | $143,419.7 | $3,496.17 | 2.5% |
Joyce A. Kruzan Kaydan Wealth Management Inc. | 16,661 | $349,193.27 | $343,046.15 | -$6,147.12 | -1.76% |
| Capital Markets Industry | Financials Sector | - CEO | NASDAQ (NGS) Exchange | 46138J841 CUSIP |
| US Country | - Employees | 29 Dec 2014 Last Dividend | - Last Split | - IPO Date |
This investment vehicle is designed for investors looking to allocate funds into a portfolio that focuses on U.S. dollar-denominated, investment-grade corporate bonds. With a strategy centered on bonds that are set to mature or have "effective maturities" in the year 2024, it aims to provide a targeted investment approach. To ensure a dedicated alignment with its investment goal, the fund commits at least 80% of its total assets to securities included in its underlying index. This underlying index is crafted to gauge the performance of the 2024 Bonds, offering a focused and strategic investment opportunity in the fixed-income market.
A selection of U.S. dollar-denominated, investment-grade corporate bonds maturing in the year 2024. This portfolio provides a focused investment approach, catering specifically to investors seeking exposure to bonds with a near-term horizon. It is ideal for those aiming to achieve returns from bonds nearing maturity within a specified timeframe, making it a strategic choice for fixed-income investment.