Invesco BulletShares 2024 High Yield Corporate Bond ETF
BSJO
NASDAQ Global Market- -
USD
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- -
Capital Structure
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Sep 14, 2016
- CIK
- 0001657201
- Similar Companies
- Business
- Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that seeks to track the performance of the Nasdaq BulletShares USD High Yield Corporate Bond 2024 Index, comprising a held-to-maturity portfolio of U.S. dollar-denominated high yield corporate bonds with effective maturities in 2024; the fund employs a sampling methodology rather than purchasing all index securities, with monthly rebalancing to maintain alignment. Issued and managed by Invesco Ltd., a global investment management firm headquartered in Atlanta, Georgia, BSJO targets investors seeking high yield fixed income exposure with a defined maturity profile, offering monthly income distributions and liquidity through exchange trading; it features an expense ratio of 0.43%, a dividend yield approximating 5.87%, and focuses on below-investment-grade corporate bonds across diverse issuers. Launched on September 14, 2016, the ETF operates primarily in U.S. markets without notable geographic diversification beyond domestic bond holdings. In a significant operational change, BSJO liquidated in December 2024 as scheduled, terminating on or about December 15, 2024, with shareholders receiving final cash distributions based on the net asset value of approximately $22.69 per share; this followed the maturation of its underlying bonds, minimizing volatility as durations shortened in the final periods. No major partnerships, acquisitions, funding rounds, or new product launches directly impacted BSJO in the 2023-2024 period, though Invesco expanded its BulletShares suite in June 2024 by introducing successor high yield funds such as the Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) and 2034 Corporate Bond ETF (BSCY) to replace maturing vintages like BSJO. This maturation aligns with the BulletShares strategy's laddering approach, providing investors with predictable cash returns at term end while Invesco maintains the series for ongoing fixed income offerings.