Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)

Overview

The fund is designed to primarily invest in a selection of high yield corporate bonds, known colloquially as "junk bonds", that are denominated in U.S. dollars. These bonds are specifically those with maturities or, in certain cases, "effective maturities" in the calendar year 2024, aptly named "2024 Bonds". Such a targeted investment strategy indicates a focus on providing investors with exposure to the high-yield bond market associated with a specific maturity horizon, which can cater to investors with particular investment timelines or risk profiles.

Products and Services

• Investment in High Yield Corporate Bonds

  This service involves the allocation of at least 80% of the fund's total assets into securities that make up the underlying index. The aim here is to measure the performance of U.S. dollar-denominated high yield corporate bonds, offering investors the opportunity to gain exposure to potentially higher returns that commonly carry a greater risk compared to investment-grade bonds.

• Focus on 2024 Maturity Bonds

  The fund specifically targets bonds with maturities or "effective maturities" in the year 2024, known as "2024 Bonds". This approach is designed to cater to investors looking for investment opportunities with a specific time frame, potentially aligning with their individual financial goals or investment strategies that require a defined investment horizon.