Invesco BulletShares 2022 Corporate Bond ETF
BSCM
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- DE United States of America
- IPO Date
- Jul 16, 2013
- CIK
- 0001657201
- Similar Companies
- Business
- Invesco BulletShares 2022 Corporate Bond ETF (BSCM) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the Nasdaq BulletShares USD Corporate Bond 2022 Index. The fund holds a portfolio of U.S. dollar-denominated, investment-grade corporate bonds with effective maturities or maturities in the year 2022; it invests at least 80% of its total assets in the index constituents, utilizing a sampling methodology, and rebalances monthly. Invesco BulletShares ETFs, including BSCM, offer investors targeted exposure to fixed income securities with predetermined maturity dates, combining ETF liquidity, transparency, diversification, and relatively low costs with bond-like characteristics such as monthly income distributions and a final cash payout at termination. Operated globally by Invesco Ltd., a leading independent investment management firm founded in 1935 and headquartered in Atlanta, Georgia, the ETF targets institutional and retail investors seeking precise fixed income allocation strategies, such as bond ladders, in the investment-grade corporate bond segment. BSCM provides access to a held-to-maturity bond portfolio focused on U.S. markets, with no ongoing geographic diversification beyond the underlying USD-denominated bonds issued by domestic and international corporations. In a significant operational change, BSCM liquidated on December 15, 2022, distributing net assets of $21.18 per share to shareholders after provisions for liabilities, as its portfolio bonds fully matured in line with the fund's designated 2022 maturity year. This termination aligns with the predefined structure of BulletShares ETFs, where funds dissolve upon reaching their target maturity to return principal and final distributions, with proceeds from earlier maturities reinvested into later-dated bonds within the same year prior to liquidation. No recent partnerships, acquisitions, funding rounds, or new product launches applied to BSCM post-2022, though Invesco continues to expand the broader BulletShares suite with new maturities like the 2034 Corporate Bond ETF (BSCY) and 2032 High Yield Corporate Bond ETF (BSJW).