FYI: Out with the old and in with the new is the life cycle in a product suite of defined maturity bond funds, and so it is with Thursday’s launch of two BulletShares bond exchange-traded funds from Invesco Ltd.
The Invesco BulletShares 2028 Corporate Bond ETF (BSCS) and Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) will replace comparable funds set to mature in 2018 in its BulletShares lineup of defined maturity ETFs. Both new funds track Nasdaq indexes and will rebalance monthly.
Regards,
Ted
https://www.fa-mag.com/news/invesco-adds-new-rungs-to-bulletshares-bond-ladder-40224.html?print