The issuer of the Invesco BulletShares 2029 Corporate Bond ETF (BSJT) is Invesco Capital Management LLC. This ETF aims to track the performance of a portfolio of U.S. dollar-denominated high yield corporate bonds, commonly known as junk bonds, with maturities or effective maturities in the year 2029. Invesco Indexing LLC, an affiliate of Invesco Capital Management LLC, compiles and maintains the Underlying Index for BSJT, which consists of bonds meeting specific criteria, including credit ratings, fixed interest payments, and minimum face value outstanding. The fund is non-diversified and may concentrate its investments in certain industries to the extent reflected in the Underlying Index.
While the BSJT ETF primarily focuses on tracking the performance of companies related to gold and silver mining, it does not distribute dividends in the traditional sense. Instead, BSJT's returns are driven by its inverse leveraged investment objective, which aims to provide daily inverse exposure to its underlying index. The ETF typically invests at least 80% of its net assets in swap agreements, futures contracts, and short positions to achieve this objective. Consequently, investors in BSJT should be aware that dividend eligibility, distribution, and policies are not applicable in the same manner as traditional dividend-focused ETFs.
BSJT, the Invesco BulletShares 2029 High Yield Corporate Bond ETF, is primarily focused on tracking the performance of the underlying index, which comprises U.S. dollar-denominated high yield corporate bonds maturing in or around the year 2029. The ETF's strategy involves investing at least 80% of its total assets in securities that make up this specific index. The index is maintained by Invesco Indexing LLC, an affiliate of the fund's investment adviser and distributor. The underlying index includes bonds from companies domiciled in the U.S., Canada, Western Europe, or Japan, with fixed taxable interest payments and specific credit rating criteria. As it approaches its termination date in December 2029, the fund's portfolio will transition to cash and cash equivalents, ensuring a smooth maturity process for investors.
The correlation aspect of the Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) is essential for investors seeking exposure to high-yield corporate bonds with a target maturity in 2029. As a fund that primarily invests in bonds with this specific maturity date, BSJT's correlation with interest rate movements and credit markets becomes crucial for understanding its performance. Investors often use BSJT to potentially benefit from the yield offered by high-yield bonds while monitoring its correlation with broader economic indicators and interest rate fluctuations. To delve deeper into BSJT's correlations and explore its behavior in various market conditions, investors can leverage the ETF insider web app, which provides comprehensive data and visualizations for a more informed investment strategy, including insights into any overlaps with other US ETFs.
The Alternative Sources BSJT ETF primarily focuses on a specific segment of the fixed-income market, specifically targeting U.S. dollar-denominated high yield corporate bonds known as junk bonds with maturities or effective maturities in the year 2029. These bonds are typically issued by companies domiciled in the U.S., Canada, Western Europe, or Japan. The ETF's investment strategy is geared towards capturing the returns from this segment of the bond market, emphasizing bonds with lower credit ratings. However, the fund does not seek to distribute a predetermined amount of cash at maturity, and its portfolio transition to cash and cash equivalents during the maturing year of the underlying index (2029). Additionally, the ETF employs a sampling methodology to achieve its investment objective, and it is considered non-diversified, meaning it is not required to meet certain diversification requirements under the Investment Company Act of 1940.
The exposure characteristic of the BSJT ETF (Exchange-Traded Fund) is centered around the U.S. dollar-denominated high yield corporate bond market with a focus on bonds maturing or having effective maturities in the year 2029. The ETF seeks to replicate the performance of the Underlying Index, which comprises a selection of these bonds issued by companies domiciled in the U.S., Canada, Western Europe, or Japan. The Underlying Index emphasizes bonds with a maximum credit rating of BB+ from S&P Global Ratings, Ba1 from Moody's, and CCC- as the minimum average credit rating. BSJT ETF provides investors with exposure to the high yield corporate bond segment of the fixed income market, particularly bonds with maturities or effective maturities in 2029.
ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.
Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.
This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.
4 min readCompare the AAAU and GLL ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies to see how they stack up against each other. Whether you're a seasoned investor or just getting started, our comparison provides valuable insights to guide your investment decisions.
5 min readCompare the FREL and IYR ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
1 min readThe BSJT ETF, or Bond and Stock Joint Tracker ETF, is a unique financial instrument that combines the benefits of both bonds and stocks in a single investment vehicle. This article explores how the BSJT ETF operates, its underlying assets, and the potential advantages it offers to investors seeking a balanced and diversified portfolio. Discover the key features of this innovative investment option and its relevance in today's dynamic market.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
