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Invesco Bulletshares 2023 Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| 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. |
| Category | Corporate |
| Fund Sponsor | Guggenheim |
| Website | guggenheiminvestments.com |
| Inception date | Sep 17, 2014 |
| Assets (mns) | $0 |
| Currency | USD |
| Expense ratio | 10 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Market Value |
| Index replication |
| No. of constituents | 137 |
| No of distinct issuers | 120 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 10% /90% |
| Non-standard maturity (callable, etc.) | 68% |
| CVS HEALTH CORPORATIO 3.7% 3/09/23 | 2.0 % |
| APPLE INC. 2.4% 5/03/23 | 1.7 % |
| VERIZON COMMUNICATION 5.2% 9/15/23 | 1.5 % |
| 0.0% /00/00 | 1.4 % |
| BANK OF AMERICA CORPO 3.3% 1/11/23 | 1.3 % |
| WELLS FARGO & COMPANY 3.1% 1/24/23 | 1.1 % |
| WALMART INC. 3.4% 6/26/23 | 1.0 % |
| ANHEUSER-BUSCH INBEV 3.3% 2/01/23 | 0.9 % |
| JPMORGAN CHASE & CO. 3.2% 1/25/23 | 0.8 % |
| ROYAL BANK OF SCOTLAN 3.9% 9/12/23 | 0.8 % |
| TOTAL | 12.5 % |
|---|
| 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% |
 |
UNITED STATES | 71.1 % |
 |
CANADA | 5.9 % |
 |
JAPAN | 4.1 % |
 |
IRELAND | 2.2 % |
 |
UNITED KINGDOM | 2.0 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 4.6% | 5.0% | 3.7% | -- | 3.3% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.08 | 20% |
| S&P500 | 0.02 | 11% |
| MSCI EAFE | 0.03 | 20% |
| MSCI Emg. Mkts. | 0.03 | 17% |
| Recent close | $0.00 |
| 30d moving avg. | $0.00 |
| Annualized volatility | 1.2% |
| Short interest (ETF) | 0.0% |
| Relative strength (RSI) |
| Avg. volume (thou.) | 0 |
| Avg. daily value traded (mns) | $0 |
| Turnover | 0.0% |
| Bid/Ask (% of price) | 0.00 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| BSCN | 0.2 yrs | Category Avg.* |
4.6 yrs |
| BSCN | 0.2% | Category Avg.* |
4.5% |
| 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 | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.0% |
| Municipals | 3.2% |
| *Note: The Invesco Bulletshares 2023 Corporate Bond ETF is classified as a Corporate fund. | |