BSJM

Invesco BulletShares 2022 High Yield Corporate Bond ETF
*Unless otherwise stated, data provided by FactSet.

BSJM Fund Description

BSJM tracks a market-weighted index of high-yield corporate bonds maturing in 2022.

BSJM Factset Analytics Insight

As part of Invesco's BulletShares suite, BSJM behaves more like a bond than a typical bond fund. The fund provides bullet maturity—Dec. 31, 2022—instead of perpetual exposure to a maturity pocket of the US high-yield market. As the fund ages, its average maturity, duration, and YTM will continue to decline. On its target date, BSJM will unwind and return all capital to investors. This structure permits BSJM to be used as a building block for a bond ladder. BSJM holds a broad and roughly market-like basket of high-yield debt. Designed to be held to maturity, trading costs are a secondary consideration here but they do manage to be reasonable. The fund trades with decent volume and modest spreads, although institutional investors will find block trades a challenge. BSJM charges a middling fee for its exposure, but lags its index by considerably more and the fund struggles in tracking overall, potentially raising holding costs.

BSJM MSCI ESG Analytics Insight

Invesco BulletShares 2022 High Yield Corporate Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 4.49 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 High Yield Corporate Bond ETF ranks in the 16th percentile within its peer group and in the 61st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 12/02/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BSJM -0.33% -0.27% 1.90% 2.71% 3.03% 3.38% --
BSJM (NAV) -0.17% -0.13% 2.18% 2.90% 3.13% 3.44% --
Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y) -0.65% -0.43% 4.55% 5.96% 5.57% 5.28% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BSJM Summary Data

Invesco
09/17/14
Open-Ended Fund
0.42%
$905.25M
$6.56M
0.04%

BSJM Portfolio Data

0.92
--
4.82%
N/A
138

BSJM Index Data

Market Value
Maturity
Bloomberg US High Yield 350mn Cash Pay 2% Capped (0-5 Y)

BSJM Portfolio Management

0.42%
-1.94%
-0.75%
-2.97%

BSJM Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

BSJM Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

BSJM Factset Analytics Block Liquidity

As of 12/03/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BSJM. BSJM is rated a N/A out of 5.

BSJM Tradability

288,364
$6.56M
254,011
$5.87M
0.04%
$0.01
0.02%
0.31% / -0.23%
None
100.00%
100,000
2.54
0.02%
--
0
$23.12
N/A

BSJM Sector/Industry Breakdown


BSJM
Segment Benchmark
80.47%
--
18.05%
--
1.20%
--
0.29%
--

BSJM Top 10 Holdings[View All]

5.24%
2.80%
2.38%
2.36%
2.11%
2.03%
2.00%
1.88%
1.82%
1.69%
24.31%

BSJM Top 5 Countries


BSJM
Segment Benchmark
86.27%
--
5.43%
--
2.70%
--
2.03%
--
1.87%
--

BSJM Top 5 Currencies


BSJM
Segment Benchmark
86.27%
--
5.43%
--
2.70%
--
2.03%
--
1.87%
--

BSJM Performance Statistics

0.73
0.83
--
--
--

BSJM MSCI ESG Ratings

4.49 / 10
60.66
15.74
3.06%
--
150.96

BSJM Holdings Statistics

0.91 years
0.92
4.82%
0.92
Low
138
2.88%

BSJM Avg Life Maturity Distribution

81.69%
6.23%
6.10%
4.32%
1.66%
--
--
--
--

BSJM OAS Breakdown

3.17%
24.65%
35.80%
23.95%
6.62%
3.82%
--
0.99%
0.59%
--
0.40%