Invesco BulletShares 2034 Corporate Bond ETF
BSCY
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Jun 13, 2024
- Website
- invesco.com
- Similar Companies
- Business
- Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that tracks the BulletShares USD Corporate Bond 2034 Index, providing exposure to a portfolio of US dollar-denominated, investment-grade corporate bonds with effective maturities in 2034. The fund invests at least 80% of its total assets in corporate bonds comprising the index using a representative sampling methodology, with monthly rebalancing, and is scheduled to terminate on or about December 15, 2034, after which it transitions to cash and cash equivalents. It offers investors liquidity, low costs, broad diversification across approximately 299 holdings primarily in the 5-10 year maturity range, and potential monthly income distributions akin to individual bonds. The ETF's core offerings focus on investment-grade fixed income securities from US corporate issuers, targeting intermediate-term bonds that mature in 2034 and emphasizing sectors not fully captured in broad benchmarks like the Bloomberg Aggregate Bond Index. Geographically, BSCY operates principally in the United States, listing on the Nasdaq exchange, with assets under management of approximately $308 million and a net expense ratio of 0.10% as of recent data. The fund serves institutional and retail investors seeking defined-maturity bond strategies for income, laddering via Invesco's BulletShares ETF Bond Ladder Tool, and protection against interest rate volatility. Launched on June 12, 2024, by Invesco Ltd., a global investment management firm headquartered in Atlanta, Georgia, BSCY represents a recent expansion of the BulletShares suite to include annual maturities from 2024 through 2034 for corporate bond ETFs. This launch complements Invesco's fixed income lineup alongside the simultaneous introduction of the Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW), aimed at replacing maturing funds and capitalizing on elevated yields amid higher-for-longer interest rate expectations. No subsequent major acquisitions, partnerships, or strategic shifts have been reported for BSCY in the past year, with ongoing monthly portfolio adjustments supporting its target maturity profile.