ETF Research Center

The Invesco BulletShares 2023 Corporate Bond ETF tracks an index of investment grade corporate bonds with effective maturities in 2023. The fund will unwind in December 2023 and return capitals and proceeds to investors.

FUND BASICS
Category	Corporate
Fund Sponsor	Guggenheim
Website	guggenheiminvestments.com
Inception date	Sep 17, 2014
Assets (mns)	$0
Currency	USD
Expense ratio	10 bp
Distributions	Monthly

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian
Weighting	Market Value
Index replication

ISSUER TYPE BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	137
No of distinct issuers	120
Inflation protected	0%
Variable/Fixed coupon	10% /90%
Non-standard maturity (callable, etc.)	68%

TOP TEN HOLDINGS
TOTAL	0.0 %
0.0% //	0.0 %

TOP ISSUERS
SPRINT CORP	3.5%
MICROSOFT CORPORATION	2.2%
BANK OF NEW YORK MELLON CORPORATION	2.1%
TOYOTA MOTOR CREDIT CORPORATION	2.1%
MITSUBISHI UFJ FINANCIAL GROUP, INC.	2.0%

TOP COUNTRY EXPOSURE
	UNITED STATES	71.1 %
	CANADA	5.9 %
	JAPAN	4.1 %
	IRELAND	2.2 %
	UNITED KINGDOM	2.0 %

HISTORICAL RETURNS info

	Custom date range	Compare to
	thru

Standardized Annual Returns (thru January 01)
Year-to-date	1 year	5 years	10 years	Since Incep.
--	--	--	--	--

Market Correlations
versus...	Beta	R-squared
Barclays Agg. Bond	--	--
S&P500	--	--
MSCI EAFE	--	--
MSCI Emg. Mkts.	--	--

Technical Indicators
Recent close	$0.00
30d moving avg.	$0.00
Annualized volatility	0.0%
Short interest (ETF)	0.0%
Relative strength (RSI)

Liquidity measures
Avg. volume (thou.)	0
Avg. daily value traded (mns)	$0
Turnover	0.0%
Bid/Ask (% of price)	0.00

Distributions

Yield Comparison

*Fund Category: CORPORATE

CREDIT QUALITY: MOODY'S

DISTRIBUTION YIELD (TRAILING 12 MONTHS)

Macaulay Duration

BSCN	0.2 yrs	Category Avg.*	4.7 yrs

Modified Duration

BSCN	0.2%	Category Avg.*	4.5%

RATE SENSITIVITY ANALYSIS
Change in YTM	New YTM	Est. Price Change	Est. New Price
+300 bp	6.40%	-9.6%	$0.00
+200 bp	5.40%	-4.4%	$0.00
+150 bp	4.90%	-2.6%	$0.00
+100 bp	4.40%	-1.2%	$0.00
+75 bp	4.15%	-0.7%	$0.00
+50 bp	3.90%	-0.4%	$0.00
+25 bp	3.65%	-0.1%	$0.00
0 bp	3.40%	0%	$0.00
-25 bp	3.15%	-0.0%	$0.00
-50 bp	2.90%	-0.1%	$0.00
-75 bp	2.65%	-0.4%	$0.00
-100 bp	2.40%	-0.8%	$0.00
-150 bp	1.90%	-1.9%	$0.00
-200 bp	1.40%	-3.5%	$0.00
-300 bp	0.40%	-8.3%	$0.00

*Fund Category: CORPORATE

ALTAR Score™

Calculation of ALTAR Score™
Adj. Yield to Maturity	340	bp
Less: Annual "default factor"	28	bp
Less: Expense ratio	10	bp
Equals: ALTAR Score	3.02	%

Average ALTAR Score™ by Category
Aggregate	3.2%
Corporate	4.1%
Emerging Market	5.8%
Government	7.1%
Inflation Protected	2.4%
Mortgage	5.0%
Municipals	3.5%

Note: The Invesco Bulletshares 2023 Corporate Bond ETF is classified as a Corporate* fund.