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Invesco BulletShares 2020 H/Y Corp Bond
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| Invesco BulletShares 2020 High Yield Corporate Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of a high yield corporate bond index called the NASDAQ BulletShares® USD High Yield Corporate Bond 2020 Index. |
| Category | Corporate |
| Fund Sponsor | Guggenheim Funds Investment Ad |
| Website | guggenheiminvestments.com |
| Inception date | Sep 23, 2013 |
| Assets (mns) | $1,128 |
| Currency | USD |
| Expense ratio | 42 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | Bank of New York Mellon/The |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 61 |
| No of distinct issuers | 56 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 12% /88% |
| Non-standard maturity (callable, etc.) | 88% |
| 0.0% /00/00 | 5.3 % |
| REYNOLDS GROUP ISSUER 5.8% 1/15/20 | 5.0 % |
| DELL EMC, INC. 2.7% 6/01/20 | 4.5 % |
| NEPTUNE FINCO CORP. 10.9% 1/15/25 | 4.3 % |
| THC ESCROW CORP. 6.0% 1/01/20 | 4.0 % |
| ICAHN ENTERPRISES FIN 6.0% 8/01/20 | 3.6 % |
| NAVIENT CORPORATION 8.0% 3/25/20 | 3.4 % |
| INTELSAT JACKSON HOLD 8.0% 2/15/24 | 3.1 % |
| SPRINT COMMUNICATIONS 7.0% 8/15/20 | 3.0 % |
| DISH DBS CORPORATION 5.1% 5/01/20 | 2.5 % |
| TOTAL | 38.8 % |
|---|
| DELL EMC, INC. | 5.2% |
| NEPTUNE FINCO CORP. | 5.2% |
| ALLY FINANCIAL INC | 4.9% |
| REYNOLDS GROUP ISSUER, INC. | 4.7% |
| INTELSAT JACKSON HOLDINGS SA | 3.7% |
 |
UNITED STATES | 87.3 % |
 |
LUXEMBOURG | 3.7 % |
 |
BRITAIN | 1.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 6.4% | 6.4% | 4.0% | -- | 4.1% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.02 | 0% |
| S&P500 | 0.12 | 47% |
| MSCI EAFE | 0.15 | 54% |
| MSCI Emg. Mkts. | 0.09 | 35% |
| Recent close | $23.92 |
| 30d moving avg. | $23.92 |
| Annualized volatility | 2.2% |
| Short interest (ETF) | 0.3% |
| Relative strength (RSI) | 54 |
| Avg. volume (thou.) | 256 |
| Avg. daily value traded (mns) | $6 |
| Turnover | 0.5% |
| Bid/Ask (% of price) | 0.05 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| BSJK | 1.6 yrs | Category Avg.* |
4.8 yrs |
| BSJK | 1.6% | Category Avg.* |
4.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.23% | -1.8% | $23.48 |
| +200 bp | 7.23% | -1.9% | $23.47 |
| +150 bp | 6.73% | -1.6% | $23.52 |
| +100 bp | 6.23% | -1.3% | $23.61 |
| +75 bp | 5.98% | -1.0% | $23.67 |
| +50 bp | 5.73% | -0.7% | $23.74 |
| +25 bp | 5.48% | -0.4% | $23.82 |
| 0 bp | 5.23% | 0% | $23.92 |
| -25 bp | 4.98% | 0.4% | $24.02 |
| -50 bp | 4.73% | 0.9% | $24.13 |
| -75 bp | 4.48% | 1.4% | $24.25 |
| -100 bp | 4.23% | 1.9% | $24.37 |
| -150 bp | 3.73% | 3.1% | $24.66 |
| -200 bp | 3.23% | 4.5% | $24.99 |
| -300 bp | 2.23% | 7.7% | $25.77 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
523 | bp |
| Less: Annual "default factor" |
350 | bp |
| Less: Expense ratio | 42 | bp |
| Equals: ALTAR Score | 1.31 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.1% |
| Emerging Market | 3.4% |
| Government | 1.8% |
| Inflation Protected | 1.7% |
| Mortgage | 2.7% |
| Municipals | 2.2% |
| *Note: The Invesco BulletShares 2020 H/Y Corp Bond is classified as a Corporate fund. | |