Invesco BulletShares 2028 High Yield Corporate Bond ETF

Invesco BulletShares 2028 High Yield Corporate Bond ETF

BSJS
Invesco BulletShares 2028 High Yield Corporate Bond ETFUS flagNASDAQ Global Market
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Business
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) tracks the Invesco BulletShares High Yield Corporate Bond 2028 Index by investing at least 80% of its total assets in U.S. dollar-denominated high yield corporate bonds that mature in 2028; these bonds are rated between BB+/Ba1 and CCC-/Caa3 by S&P, Fitch, or Moody's rating agencies and are rebalanced monthly to maintain the target maturity profile. The ETF provides defined maturity exposure to high yield fixed income securities, including privately issued and Rule 144A restricted bonds, with a focus on sectors such as healthcare, telecommunications, energy, and aerospace through top holdings like Tenet Healthcare Corporation 6.125%, CCO Holdings 5%, Venture Global LNG 8.125%, DISH DBS 5.75%, and TransDigm 6.75%. Launched on September 16, 2020, and domiciled in the United States, BSJS operates primarily in U.S. markets with total net assets of approximately $449-566 million as of late 2025, a net expense ratio of 0.42%, and a dividend yield around 6.78%. Headquartered through its sponsor Invesco Capital Management LLC in Atlanta, Georgia, the ETF is part of the broader Invesco BulletShares suite targeting institutional and retail investors seeking laddered high yield bond strategies with predictable maturity on or about December 15, 2028, after which it liquidates into cash equivalents. Recent developments include ongoing portfolio management by Invesco team members Peter Hubbard, Jeremy Neisewander, Greg Meisenger, and Cynthia Madrigal, alongside Invesco's expansion of the BulletShares lineup with new launches such as the 2032 High Yield Corporate Bond ETF (BSJW) and 2034 Corporate Bond ETF (BSCY) announced in 2024 to enhance fixed income laddering options.