BSCS | Invesco BulletShares 2028 Corporate Bond ETF

BSCS ISSUER

The BSCS issuer, represented by the Invesco, primarily focuses on investing in securities that constitute the Underlying Index, ensuring at least 80% of its total assets are allocated accordingly. Managed by Invesco Indexing LLC, an affiliate of both Invesco Capital Management LLC and Invesco Distributors, Inc., the Fund emphasizes U.S. dollar-denominated investment-grade corporate bonds with maturities, or effective maturities, in the year 2028. These bonds may include embedded issuer call options, influencing their effective maturity dates. The selection process for the Underlying Index involves meticulous criteria, including fixed taxable interest payments, minimum credit ratings by major rating agencies, and minimum face value requirements. With 340 constituents as of October 31, 2023, the Underlying Index employs a market-value-weighted approach with limits on individual issuers to ensure diversification. The Fund's termination is scheduled around December 15, 2028, without requiring additional approval, with remaining assets distributed among shareholders. During the maturing year, the Fund transitions its portfolio to cash and cash equivalents, distinct from a target date fund, and employs a sampling methodology to achieve its investment objectives. The Fund's concentration policy ensures it only invests significantly in specific industries if reflected in the Underlying Index, otherwise maintaining diversification.

BSCS DIVIDEND

BSCS Dividend, an offering within the Invesco family, focuses on generating returns through dividend-yielding securities. The fund's investment strategy is designed to allocate capital to companies with a history of paying consistent dividends, thereby providing investors with a stream of income. Managed by Invesco Indexing LLC, an affiliate of Invesco Capital Management LLC and Invesco Distributors, Inc., BSCS Dividend seeks to track an index comprised of dividend-paying stocks, prioritizing those with strong fundamentals and sustainable dividend policies. The fund may utilize a variety of screening criteria to identify suitable candidates, including dividend yield, dividend growth rate, and payout ratio. By investing in dividend-paying securities, BSCS Dividend aims to offer investors a source of income while potentially providing capital appreciation over the long term.

BSCS TRACKING

BSCS Tracking, part of the Invesco suite, is meticulously designed to replicate the performance of its underlying index with precision and efficiency. Managed by Invesco Indexing LLC, an entity affiliated with Invesco Capital Management LLC and Invesco Distributors, Inc., BSCS Tracking employs a sophisticated tracking methodology to mirror the movements of its benchmark. Through careful portfolio construction and ongoing rebalancing, the fund aims to closely match the returns of its target index, minimizing tracking error to provide investors with reliable exposure to the selected market segment. Leveraging advanced quantitative techniques and rigorous risk management protocols, BSCS Tracking seeks to deliver consistent and transparent tracking performance, aligning investor expectations with the index's performance objectives.

BSCS CORRELATION

BSCS Correlation, a constituent of the Invesco lineup, is strategically engineered to offer investors exposure to a diversified portfolio while targeting a specific correlation objective. Managed by Invesco Indexing LLC, an affiliate of Invesco Capital Management LLC and Invesco Distributors, Inc., BSCS Correlation employs a sophisticated approach to achieve its correlation target with a designated benchmark. Through a combination of asset selection, weighting methodologies, and rebalancing strategies, the fund aims to closely correlate its performance with that of its target index or reference asset class. By providing investors with a tool to manage portfolio risk and enhance diversification, BSCS Correlation seeks to offer a transparent and efficient means of accessing correlated market exposure.

BSCS SECTOR

BSCS Sector, an integral component of the Invesco family, is tailored to provide investors with targeted exposure to specific sectors within the market. Managed by Invesco Indexing LLC, an affiliate of Invesco Capital Management LLC and Invesco Distributors, Inc., BSCS Sector employs a strategic approach to allocate assets across various sectors, aiming to capture opportunities and mitigate risks associated with sector-specific dynamics. Through careful selection and weighting of securities within each sector, the fund seeks to mirror the performance of its designated sector index, allowing investors to gain precise exposure to their chosen sectors. Whether investors are looking to capitalize on the growth potential of emerging industries or seeking stability in established sectors, BSCS Sector offers a transparent and efficient vehicle to align their investment strategies with sector-specific objectives.

BSCS EXPOSURE

BSCS Exposure, a pivotal offering within the Invesco portfolio, is meticulously crafted to provide investors with comprehensive exposure to a diverse range of asset classes and investment opportunities. Managed by Invesco Indexing LLC, an affiliate of Invesco Capital Management LLC and Invesco Distributors, Inc., BSCS Exposure employs a strategic allocation strategy to target multiple asset classes, including equities, fixed income, and alternative investments. Through a dynamic asset allocation approach and periodic rebalancing, the fund aims to optimize risk-adjusted returns while adapting to changing market conditions. Whether investors seek growth potential, income generation, or risk mitigation, BSCS Exposure offers a transparent and efficient vehicle to access a broad spectrum of investment opportunities, allowing investors to tailor their portfolios according to their specific risk tolerance and investment objectives.