Invesco BulletShares 2028 Corporate Bond ETF
Invesco Exchange-Traded Self-Indexed Fund Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco BulletShares 2028 Corporate Bond ETF is a U.S. bond index ETF that tracks the Invesco BulletShares USD Corporate Bond 2028 Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2025 Q4
The Invesco BulletShares 2028 Corporate Bond ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Invesco BulletShares USD Corporate Bond 2028 Index (the Underlying Index).
The fund tracks an index of U.S. dollar-denominated investment-grade corporate bonds maturing in 2028, holding securities weighted by market value with a 5% cap per issuer. The fund uses sampling methodology rather than holding all index constituents. As 2028 approaches, the portfolio transitions toward cash and cash equivalents; the fund terminates in December 2028 and should not be confused with a target date fund, which follows a managed glidepath becoming progressively more conservative over time.
| Share class | Expense ratio |
|---|---|
| BSCS | 0.10% |
Portfolio turnover 3.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 98.86% |
| Cash & short-term | 7.78% |
These positions come to 106.64% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Financials | 15.6% |
| Other | 13.7% |
| Information Technology | 9.8% |
| International | 9.5% |
| 10 smaller | 51.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: Salesforce, Inc., Amazon.com, Inc., Fidelity National Information Services, Inc., Eaton Corp., AbbVie Inc., American Honda Finance Corp., HPS Corporate Lending Fund, Hewlett Packard Enterprise Co.
Exited: Ovintiv Inc., FS KKR Capital Corp., Honeywell International Inc., Vodafone Group PLC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 1-3y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 50% |
| Interest rates | 50% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.87 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 1% |
| 1 yr | 1.38 yr | 75% |
| 5 yr | 0.45 yr | 24% |
| 3 mo | 0.01 yr | 0% |
| 1 yr | 1.35 yr | 72% |
| 5 yr | 0.51 yr | 27% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.01 | +0.00 | $2.7k | $0 |
| 1 yr | +1.38 | +1.35 | +0.00 | $471.4k | $0 |
| 5 yr | +0.45 | +0.51 | +0.00 | $178.1k | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Invesco Private Prime Fund | 5.50% | $191.55M | — |
| — | Invesco Private Government Fund | 2.16% | $75.23M | — |
| — | CVS Health Corp.4.30% · due 2028-03-25 | 1.18% | $41.11M | — |
| — | Cigna Group (The)4.38% · due 2028-10-15 | 0.90% | $31.33M | — |
| — | Amgen Inc.5.15% · due 2028-03-02 | 0.89% | $30.92M | — |
| — | AerCap Ireland Capital DAC / AerCap Global Aviation Trust3.00% · due 2028-10-29 | 0.86% | $29.84M | — |
| — | Salesforce, Inc.4.50% · due 2028-03-15 | 0.83% | $28.94M | — |
| — | RTX Corp.4.13% · due 2028-11-16 | 0.71% | $24.62M | — |
| — | Sprint Capital Corp.6.88% · due 2028-11-15 | 0.62% | $21.53M | — |
| — | Citibank N.A.5.80% · due 2028-09-29 | 0.61% | $21.32M | — |
Top 10 positions are 14.26% of net assets, top 25 21.74%, across 309 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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