Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
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.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
- Aug 9, 2018
- CIK
- 0001657201
- Website
- invesco.com
- Similar Companies
- Business
- Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) is an exchange-traded fund that tracks the Invesco BulletShares USD High Yield Corporate Bond 2026 Index, investing at least 80% of its total assets in a held-to-maturity portfolio of U.S. dollar-denominated high yield corporate bonds that have effective maturities in 2026; the fund employs a sampling methodology rather than purchasing every security in the index and undergoes monthly rebalancing to maintain alignment with its target maturity. BSJQ offers investors targeted exposure to non-investment grade (high yield or junk) bonds across diverse sectors including communication services, financials, consumer discretionary, industrials, real estate, and utilities; top holdings as of late 2025 typically include issuances from Uniti Group Inc (10.50% coupon maturing February 2028), EchoStar Corp/DISH DBS Corporation (5.25% coupon maturing December 2026), Vistra Operations Co LLC (7.75% coupon maturing October 2031), NCR Atleos Corp (9.50% coupon maturing April 2029), and Spirit AeroSystems Holdings Inc (9.75% coupon maturing November 2030), comprising approximately 14-32% of the portfolio depending on the measurement date. The ETF provides monthly income distributions derived primarily from bond coupons, with a recent 30-day SEC yield of around 5.34%, a net expense ratio of 0.42%, and approximately 79 holdings as of September 2025; it operates with low interest-rate sensitivity (effective duration of 0.67 years) and a predetermined termination date on or about December 15, 2026, after which the portfolio transitions to cash and cash equivalents for final liquidation and distribution to shareholders. Launched on August 9, 2018 and domiciled in the United States, BSJQ is managed by Invesco Capital Management LLC, with a portfolio management team led by Peter Hubbard, Jeremy Neisewander, Greg Meisenger, and Cynthia Madrigal; the fund lists on the Nasdaq exchange under ticker BSJQ (CUSIP 46138J635) and maintains assets under management exceeding $1 billion as of late 2025, serving institutional and retail investors seeking defined-maturity high yield strategies for income generation, bond laddering, and reduced duration risk compared to broader high yield benchmarks like the Bloomberg U.S. Corporate High Yield Index. In recent developments, institutional investors such as Mirador Capital Partners significantly expanded holdings in BSJQ during 2025, adding nearly 1 million shares valued at over $22 million in October (per a September 30, 2025 13F filing), elevating the position to represent over 10% of the firm's assets under management and more than 3 million shares overall worth about $70 million, reflecting strong demand for the ETF's short-duration high yield exposure amid elevated yields. Invesco continued to grow its BulletShares lineup in June 2024 by launching two new defined-maturity ETFs—Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) and Invesco BulletShares 2034 Corporate Bond ETF (BSCY)—to replace maturing funds and enhance laddering options, underscoring the series' strategic expansion in fixed income without specific acquisitions, partnerships, or reorganizations directly tied to BSJQ itself. The fund has sustained robust inflows and popularity within the BulletShares suite, particularly for short- to intermediate-term durations, as investors utilize it for customized bond ladders offering diversification, liquidity, and scalability over individual bond portfolios.