|
Invesco BulletShares 2023 High Yield Corporate Bond ETF
|
|||||||||||||||||
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The Invesco BulletShares 2023 High Yield Corporate Bond ETF tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2023. |
| Category | Corporate |
| Fund Sponsor | Guggenheim |
| Website | guggenheiminvestments.com |
| Inception date | Oct 07, 2015 |
| Assets (mns) | $0 |
| Currency | USD |
| Expense ratio | 42 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Market Value |
| Index replication |
| No. of constituents | 24 |
| No of distinct issuers | 22 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 40% /60% |
| Non-standard maturity (callable, etc.) | 71% |
| 0.0% /00/00 | 4.0 % |
| SPRINT CORP. 7.9% 9/15/23 | 3.5 % |
| COMMUNITY HEALTH SYST 6.3% 3/31/23 | 2.4 % |
| VRX ESCROW CORP. 5.9% 5/15/23 | 2.0 % |
| ALTICE FINANCING SA 6.6% 2/15/23 | 2.0 % |
| TENET HEALTHCARE CORP 6.8% 6/15/23 | 1.5 % |
| FREEPORT-MCMORAN, INC 3.9% 3/15/23 | 1.5 % |
| REYNOLDS GROUP ISSUER 5.1% 7/15/23 | 1.4 % |
| INTELSAT JACKSON HOLD 5.5% 8/01/23 | 1.4 % |
| FIRST DATA CORPORATIO 5.4% 8/15/23 | 1.2 % |
| TOTAL | 20.8 % |
|---|
| U.S. TREASURY | 27.7% |
| VERSCEND ESCROW CORP. | 3.8% |
| BALL CORP | 3.4% |
| FORD MOTOR CREDIT COMPANY LLC | 3.4% |
| GOODYEAR TIRE & RUBBER COMPANY | 2.1% |
 |
UNITED STATES | 59.1 % |
 |
CANADA | 0.6 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 5.5% | 5.1% | 3.3% | -- | 3.9% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.38 | 32% |
| S&P500 | 0.19 | 54% |
| MSCI EAFE | 0.20 | 52% |
| MSCI Emg. Mkts. | 0.12 | 23% |
| Recent close | $0.00 |
| 30d moving avg. | $0.00 |
| Annualized volatility | 4.6% |
| 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)
| BSJN | 0.9 yrs | Category Avg.* |
4.6 yrs |
| BSJN | 0.8% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 9.13% | -0.1% | $0.00 |
| +200 bp | 8.13% | -0.6% | $0.00 |
| +150 bp | 7.63% | -0.6% | $0.00 |
| +100 bp | 7.13% | -0.6% | $0.00 |
| +75 bp | 6.88% | -0.5% | $0.00 |
| +50 bp | 6.63% | -0.3% | $0.00 |
| +25 bp | 6.38% | -0.2% | $0.00 |
| 0 bp | 6.13% | 0% | $0.00 |
| -25 bp | 5.88% | 0.2% | $0.00 |
| -50 bp | 5.63% | 0.5% | $0.00 |
| -75 bp | 5.38% | 0.8% | $0.00 |
| -100 bp | 5.13% | 1.1% | $0.00 |
| -150 bp | 4.63% | 1.8% | $0.00 |
| -200 bp | 4.13% | 2.7% | $0.00 |
| -300 bp | 3.13% | 4.8% | $0.00 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
613 | bp |
| Less: Annual "default factor" |
720 | bp |
| Less: Expense ratio | 42 | bp |
| Equals: ALTAR Score | -1.49 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.5% |
| Corporate | 4.5% |
| Emerging Market | 6.2% |
| Government | 4.8% |
| Inflation Protected | 3.0% |
| Mortgage | 5.2% |
| Municipals | 3.4% |
| *Note: The Invesco BulletShares 2023 High Yield Corporate Bond ETF is classified as a Corporate fund. | |