Invesco BulletShares 2032 High Yield Corporate Bond ETF
$24.62−0.19 (−0.76%)
- Expense ratio
- 0.42%
- Fund size
- $52M
- 1Y return
- +2.5%
- Yield · Last 12 months
- 6.75%
- Holdings
- 194
- Volume · 30D
- 0M sh
- NAV per share
- $24.80
- 52W range
The ETF.net BSJW Grade
Score 45 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 23Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 27Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 47Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 47Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 39Category rank
Our read on BSJW
CA junk-bond portfolio with an expiration date. BSJW holds roughly 190 high yield corporate bonds maturing in 2032, then unwinds and returns remaining capital on or about Dec. 15 of that year.
The Fund seeks to track the BulletShares USD High Yield Corporate Bond 2032 Index before fees and expenses, investing at least 80% of total assets in the index's corporate bonds.
Why people hold it
- Acts like a bond, trades like a fund: it terminates on or about Dec. 15, 2032 and pays out what is left, instead of rolling its maturities forever.invesco.com
- Spreads high yield credit risk across roughly 190 corporate bonds, rebalanced monthly, with income distributed monthly.invesco.com
- One rung in Invesco's BulletShares high yield ladder, and among the longest dated, so multiple target years can be stacked into a ladder.invesco.com
Worth knowing
- The 0.42% fee runs about four times the 0.10% typical of target-maturity funds, including Invesco's own investment-grade rungs like BSCT and BSCU.
- A small, thinly traded fund, so spreads can widen and large orders can move the price.
- High yield means default risk. What the 2032 payout is worth depends on what the underlying bonds actually repay.invesco.com
BSJW Holdings
- Bonds
- 194
- 17%
- 1261229 BC Ltd 10.00% 04/15/2032
Sectors
- Financials100.0%
BSJW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BSJW |
|---|---|
| Year to date | +0.9% |
| 1 month | −1.0% |
| 3 months | −0.0% |
| 1 year | +2.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BSJW |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +9.8% | |
| 2024 | +3.6% |
BSJW in the news
ETF.net Research hasn’t filed on BSJW yet — coverage lands here as it’s written.
BSJW Dividends
- 6.75%
- $1.68
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.13 |
| Aug 24, 2026 | Aug 28, 2026 | $0.14 |
| Jul 20, 2026 | Jul 24, 2026 | $0.14 |
| Jun 22, 2026 | Jun 26, 2026 | $0.14 |
| May 18, 2026 | May 22, 2026 | $0.14 |
| Apr 20, 2026 | Apr 24, 2026 | $0.14 |
| Mar 23, 2026 | Mar 27, 2026 | $0.13 |
| Feb 23, 2026 | Feb 27, 2026 | $0.13 |
| Jan 20, 2026 | Jan 23, 2026 | $0.14 |
| Dec 22, 2025 | Dec 26, 2025 | $0.17 |
| Nov 24, 2025 | Nov 28, 2025 | $0.15 |
| Oct 20, 2025 | Oct 24, 2025 | $0.14 |
BSJW Risk
- 3.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.76
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.22
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BSJW Cost
- The middle half of Defined-Maturity High Yield funds
- Median 0.39%
12 of the 21 Defined-Maturity High Yield funds charge less.