BSCOInvesco BulletShares 2024 Corporate Bond ETF
BSCO Fund Description
BSCO tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.
BSCO Factset Analytics Insight
As part of Invesco's BulletShares investment-grade suite, BSCO behaves more like a bond than a typical bond fund. The fund provides bullet maturity—Dec. 31, 2024—instead of perpetual exposure to a maturity pocket of the US corporate investment-grade market. As the fund ages, its average maturity, duration, and YTM will continue to decline. On its target date, BSCO will unwind and return all capital to investors. This structure permits BSCO to be used as a building block for a bond ladder. The fund charges a reasonable fee, though loose tracking has sometimes translated to higher realized holding costs. In all, the fund provides a viable means to access a diverse pool of US investment-grade bonds while mimicking the lifecycle of an individual bond. BSCO hews close to marketlike exposure. It trades adequately, with workable volume but sometimes-significant spreads. Institutions should work with market makers for block trades. It's also worth noting that iShares offers a competing fund, IBDP, with a far lower expense ratio, so investors may wish to comparison shop.
BSCO MSCI ESG Analytics Insight
Invesco BulletShares 2024 Corporate Bond ETF has an MSCI ESG Fund Rating of A based on a score of 6.84 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 2024 Corporate Bond ETF ranks in the 69th percentile within its peer group and in the 79th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BSCO Portfolio Data
BSCO Index Data
BSCO Portfolio Management
BSCO Tax Exposures
BSCO Fund Structure
BSCO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BSCO. BSCO is rated a N/A out of 5.
BSCO Sector/Industry Breakdown
BSCO Top 10 Holdings[View All]
BSCO Top 5 Countries
BSCO Top 5 Currencies