Symbols

BSCW

Invesco BulletShares 2032 Corporate Bond ETF·NASDAQ

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Key Stats

Assets Under Management

1.31BUSD

Fund Flows (1Y)

556.77MUSD

Dividend Yield

4.80%

Discount/Premium to NAV

Shares Outstanding

62.40M

Expense Ratio

0.10%

About Invesco BulletShares 2032 Corporate Bond ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-BSCW

Inception Date

Sep 8, 2022

Structure

Open-Ended Fund

Index Tracked

Invesco BulletShares Corporate Bond 2032 Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

As part of Invesco's BulletShares investment grade suite, BSCW behaves more like a bond than a typical bond fund. The fund provides bullet maturity, in this case, of December 2032 instead of perpetual exposure to a maturity pocket of the US corporate investment grade market. As the fund matures, its maturity, duration, and YTM will continue to decline. On its target date, BSCW will unwind and return all capital to investors. This structure permits BSCW to be used as a building block for a bond ladder.