Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
BSJP Chart
BSJP: Worst Scenario Likely Unfolding
BSJP, set to terminate in December 2025, holds 30% non-maturity-matched bonds (e.g., OneMain Finance Corp, maturing 2029), exposing investors to significant market and credit spread risks. BSJP has underperformed cash (e.g., BIL) this year despite its high-yield bonds, showing negative price changes due to its longer-duration holdings. A recession developing in 2025 will result in a negative impact on the ETF.
BSJP: Deviating From What It Is Meant To Do
The fund was designed to be a diversified bullet portfolio with minimal volatility, as its underlying bonds were expected to mature in 2025. The fund has deviated from its original structure by introducing longer-dated bonds with maturities beyond 2025. The introduction of longer-dated bonds has increased the fund's market risk, exposing investors to potential losses in case of a recession.
Invesco BulletShares 2025 High Yield Corporate Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JE Justin Ericksen Blue Barn Wealth LLC | 37,752 | $870.95 | $755.04 | -$115.91 | -13.31% |
| MTW Masso Torrence Wealth Management Inc. Masso Torrence Wealth Management Inc. | 26,017 | $572.57 | $520.34 | -$52.23 | -9.12% |
| AA Alvin Anton Summit Investment Advisors Inc. | 492,654 | $11.4M | $11.4M | $2,699.94 | 0.02% |
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) FAQ
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Invesco BulletShares 2025 High Yield Corporate Bond ETF Profile
| Capital Markets Industry | Financials Sector | - CEO | NASDAQ (NGS) Exchange | 46138J817 CUSIP |
| US Country | - Employees | 15 Dec 2025 Last Dividend | - Last Split | - IPO Date |
Overview
The fund is an investment vehicle that primarily focuses on allocating its assets into high yield, U.S. dollar-denominated corporate bonds, also known as "junk bonds". These bonds are characterized by their high return potential accompanied by higher risks compared to investment-grade bonds. The distinctive feature of this fund is its targeted investment in bonds that have maturities or "effective maturities" within a specific year, in this case, the year 2025, hence, they are referred to as "2025 Bonds". This strategic focus on a specific maturity year allows for a clear investment horizon and potential risk-return optimization based on the fund's assessment of market conditions leading up to 2025.
Products and Services
- High Yield Corporate Bonds (Junk Bonds)
The fund invests in a diversified portfolio of high yield corporate bonds, which are assessed to offer the best risk-adjusted returns. These bonds are issued by corporations with lower credit ratings, indicating a higher risk of default compared to more creditworthy issuers. However, they also offer higher interest payments to compensate for this risk, aiming to provide an attractive income stream to investors.
- 2025 Target-Maturity Portfolio
By focusing on bonds maturing in the year 2025, the fund provides investors with a unique opportunity to plan their investment strategy around a specific time horizon. This approach can be particularly appealing for those seeking to align the fund’s maturity with their individual financial goals or milestones, such as retirement planning, educational expenses, or other targeted savings objectives.
