Invesco BulletShares 2031 Corporate Bond ETF
BSCV
NASDAQ- -
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
FRC
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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
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Sep 16, 2021
- Website
- invesco.com
- Similar Companies
- Business
- Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that tracks the Invesco BulletShares Corporate Bond 2031 Index, providing targeted exposure to a portfolio of US dollar-denominated, investment-grade corporate bonds with effective maturities in 2031. The fund invests at least 80% of its total assets in the index constituents, utilizing a sampling methodology, and undergoes monthly rebalancing; it maintains allocations across sectors including health care (14.66%), financials (12.68%), information technology (11.03%), industrials (10.31%), and consumer discretionary (10.28%), with credit quality predominantly in BBB (57%), A (33%), AA (7%), and AAA (1%) ratings. Launched on September 15, 2021, and managed by Invesco Capital Management LLC, a subsidiary of Invesco Ltd.—a global investment management firm founded in 1935 and headquartered in Atlanta, Georgia—the ETF caters to fixed income investors seeking defined-maturity bond strategies within the BulletShares suite, which facilitates laddering approaches for income and risk management. BSCV trades on the Nasdaq with approximately $1.27 billion in assets under management as of recent data, distributes monthly income from bond coupons, and is scheduled to terminate on or about December 15, 2031, liquidating holdings and returning capital plus proceeds to shareholders. In January 2024, the fund's underlying index transitioned from the Nasdaq BulletShares USD Corporate Bond 2031 Index to the Invesco BulletShares Corporate Bond 2031 Index, reflecting Invesco's strategic consolidation of indexing capabilities following its historical acquisitions, including PowerShares in 2006 and OppenheimerFunds in 2018. Amid ongoing portfolio adjustments by institutional investors in 2025, such as Headland Capital adding over 996,000 shares in Q1 and Aptus Capital increasing its position by 12.5%, the ETF has sustained steady monthly distributions, with payouts ranging from $0.06075 in January 2025 to $0.06929 in May 2025 per share. Invesco Ltd., the parent issuer operating in over 20 countries, continues to expand its ETF offerings without reported BSCV-specific acquisitions, partnerships, or product shifts in the last 1-2 years, focusing instead on broader fixed income innovations within the BulletShares series.