BSCMInvesco BulletShares 2022 Corporate Bond ETF
BSCM Fund Description
BSCM tracks a market-value-weighted, USD-denominated, investment-grade corporate bond index with effective maturities in 2022.
BSCM Factset Analytics Insight
As part of Invesco's BulletShares investment-grade suite, BSCM behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case Dec. 31, 2022—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, BSCM will unwind and return all capital to investors. This structure permits BSCM to be used as a building block for a bond ladder. BSCM enjoys decent liquidity, with solid daily volume and manageable spreads. Block liquidity is decent for the debt space, but institutions should nonetheless work with market makers. Charging a reasonable expense ratio and often beating it in tracking, BSCM's holding costs won't be putting speed-bumps on the road to the fund's planned liquidation date.
BSCM MSCI ESG Analytics Insight
Invesco BulletShares 2022 Corporate Bond ETF has an MSCI ESG Fund Rating of A based on a score of 6.53 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco BulletShares 2022 Corporate Bond ETF ranks in the 68th percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BSCM Summary Data
BSCM Portfolio Data
BSCM Index Data
BSCM Portfolio Management
BSCM Tax Exposures
BSCM Fund Structure
BSCM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BSCM. BSCM is rated a N/A out of 5.
BSCM Sector/Industry Breakdown
BSCM Top 10 Holdings[View All]
BSCM Top 5 Countries
BSCM Top 5 Currencies