Description

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) aims to replicate the performance of the Invesco BulletShares Corporate Bond 2030 Index. This ETF is mandated to invest at least 80% of its total assets in corporate bonds found within this index. The benchmark index focuses on measuring the returns of U.S. dollar-denominated, investment-grade corporate bonds that are scheduled to mature in 2030. Rather than acquiring every security in the index, the Fund employs a "sampling" approach to pursue its investment objective. Both the Fund and its corresponding index undergo rebalancing on a monthly basis. BSCU has a predetermined maturity year of 2030, with its operations expected to cease around December 15, 2030. For comprehensive details, please refer to the prospectus. It should also be noted that, effective January 1, 2024, the underlying index's name was changed from the Nasdaq BulletShares USD Corporate Bond 2030 Index to its current title.