Invesco BulletShares 2022 Corporate Bond ETF Analysis
Intro
The world of finance can often feel like navigating a winding road in thick fog. It's easy to get lost, especially when evaluating investment vehicles like exchange-traded funds (ETFs). One ETF drawing the attention of both seasoned investors and beginners is the Invesco BulletShares 2022 Corporate Bond ETF. This ETF is particularly fascinating because it lays out a specific strategy tailored to those with an interest in corporate bonds. Understanding this fund is crucial, as it can play a significant role in effective portfolio allocation, especially in an environment where interest rates fluctuate and economic indicators shift.
By peeling back its layers, we aim to clarify its structure, investment approach, and performance outcomes, aiming for a well-rounded view that assists investors in determining its fit within the broader fixed-income market. We'll explore core concepts, compare it with other financial instruments, and ultimately equip investors with key insights for informed decision-making.
Prelude to Invesco BulletShares
Investing in fixed-income securities can feel like navigating a maze, especially for those new to the field. The Invesco BulletShares 2022 Corporate Bond ETF offers a streamlined approach that blends simplicity with opportunity. This section explores what makes BulletShares unique and why they are worth considering in a diversified portfolio.
Understanding the Invesco BulletShares begins with grasping the concept of BulletShares themselves. These are exchange-traded funds that hold a defined maturity date, specifically built for investors seeking a predictable return over a set timeline. The 2022 variant focuses on corporate bonds, which means the underlying assets are essentially loans to companies that can pay dividends in the form of interest. This provides a clearer picture for investors, as they can plan their investments around a specific time frame without the typical uncertainties that come with bond investing.
On the other hand, Invesco as a firm brings reputable expertise to the table. Known for its innovative investment solutions, Invesco's experience and scale allow it to manage assets effectively. This not only adds credibility but also enhances the potential for better risk management, a crucial aspect when it comes to fixed-income securities. For both novice and seasoned investors, understanding the interplay between Invesco and BulletShares can illuminate pathways to beneficial investment opportunities.
Furthermore, one must recognize that in uncertain markets, predictable investing strategies like those offered by BulletShares become highly relevant. They simplify the dialogue around fixed-income investments, making them accessible to individuals who might otherwise shun the complexities of bond investment. In essence, the Invesco BulletShares 2022 Corporate Bond ETF might serve as a bridge for investors seeking to enhance their portfolio while managing risks associated with market volatility.
"BulletShares offer a straightforward foundation for navigating the complexities of fixed-income investing, particularly in uncertain market landscapes."
By delving into the specific components of the ETF, its structure, and overall strategy, this article will equip investors with the tools and knowledge needed to make informed decisions regarding their investment choices.
The Structure of the ETF
Understanding the structure of the Invesco BulletShares 2022 Corporate Bond ETF is crucial for any investor looking to navigate the complex landscape of fixed-income investments. This ETF offers a systematic way to invest in corporate bonds, providing simplicity and exposure while allowing investors to manage risk effectively. Its design focuses on providing income to investors while facilitating a smoother liquidity experience compared to direct bond investments.
Composition of the Fund
The composition of the Invesco BulletShares 2022 Corporate Bond ETF is fundamental to its function and appeal. This fund primarily consists of corporate bonds, specifically those maturing in the year 2022, which creates clarity in defining its investment horizon. Here are some key aspects of the fund's composition:
- Investment-Grade Bonds: The ETF primarily includes investment-grade bonds, which helps minimize credit risk. By focusing on companies with higher credit ratings, it assures investors that the likelihood of default is low.
- Diverse Sector Representation: The fund includes bonds from various sectors, such as technology, healthcare, and consumer goods. This diversification reduces vulnerability to downturns in any single sector.
- Spread Across Multiple Issuers: By investing in numerous issuers, the ETF avoids concentration risk. No single issuer has an outsized impact on the overall performance of the fund.
"The right composition can be the difference between solid performance and a wild ride through market turbulence."
Overall, the thoughtful composition of bonds within this ETF allows investors to gain exposure to a wide array of quality corporate issuers, aiming for stability and reliable income generation.
Maturity Profile
Another essential aspect of the ETF's structure is its maturity profile. All the bonds within the Invesco BulletShares 2022 ETF mature within the same year, which has tangible benefits for investors looking for predictability. Here’s how the maturity structure plays a pivotal role:
- Defined Time Horizon: Investors purchasing shares in this ETF know that all bonds will mature in 2022, simplifying investment timelines and planning.
- Interest Rate Sensitivity: Bonds tend to be sensitive to interest rate fluctuations. A focus on short to intermediate maturities helps mitigate the risks associated with rising rates, as the fund will have less exposure to long-term rate movements.
- Cash Flow Management: As bonds mature, the fund will distribute cash flows back to investors. This characteristic should be appealing to those interested in receiving their principal back within a concrete timeframe.
Investors should consider the maturity profile carefully, as it provides clarity and certainty in an often unpredictable market landscape. The design encourages both seasoned investors and newcomers to make informed decisions based on their liquidity needs.
Investment Strategy
When diving into the Invesco BulletShares 2022 Corporate Bond ETF, understanding the investment strategy is crucial. This strategy not only highlights how the fund plans to achieve its financial objectives but also pinpoints the overall approach to managing risk and potential returns. Investors must grasp the core elements behind this strategy to make effective decisions that align with their financial goals.
The Invesco BulletShares fund aims to include fixed-income securities that will be maturing in alignment with a strategic timeline. This maturity aspect allows investors to hold bonds until their due date, potentially snatching up the consistent income while minimizing the worry over market value fluctuations that plague many other investments. This streamlined focus means that the ETF serves a specific need—providing a blend of predictable income along with a built-in maturity target that can fit well within an investor's broader strategy.
Target Fixed-Income Securities
At the heart of the Invesco BulletShares 2022 ETF is its concentrated base of target fixed-income securities. These securities typically consist of corporate bonds, which are favored for their potential yield advantages over government bonds. But beyond that, the strategy is nuanced.
- Unlike higher-risk equities, these bonds provide a more stable income, essential for those looking for less volatility in their portfolios.
- The ETF primarily selects bonds that exhibit quality, often sourced from reputable corporations that carry investment-grade ratings. This choice is rooted in minimizing the risk of defaults, which ultimately safeguards investor capital.
The fund employs a disciplined method to assemble its portfolio. This involves a thorough assessment of each bond's credit quality, maturity date, and expected yield. This systematic evaluation ensures that investors are not just buying bonds willy-nilly, but are instead making informed decisions from an analytical perspective.
Income Generation vs. Capital Preservation
Another critical aspect of the Invesco BulletShares strategy is the balancing act between income generation and capital preservation. For a lot of investors, it can feel like a tug-of-war between wanting to earn decent returns and maintaining the capital they've already built.
- Income Generation: Given the nature of corporate bonds, these securities are designed to deliver regular coupon payments, which can act as a reliable source of income for investors. In this setup, the ETF becomes appealing for individuals seeking a steady cash flow, especially retirees who might rely on this consistent income.
- Capital Preservation: On the flip side, capital preservation is equally vital. Investors want to ensure their principal investment remains intact, especially during market fluctuations. By sticking closely to high-quality corporate bonds, the fund aims to mitigate risks associated with poor-performing securities, thus protecting the capital invested.
"Investment isn’t just about growth; it’s often about ensuring you don’t lose what you’ve already earned."
In a nutshell, the investment strategy of the Invesco BulletShares 2022 ETF intricately weaves together the goals of income generation and capital preservation. It provides a thoughtful approach that speaks to both novice and seasoned investors alike. Whether you're looking to build wealth over time or simply wanting a safe harbor for your assets, understanding this strategy can empower your investing journey.
Performance Metrics
Performance metrics play an essential role when it comes to assessing any investment, including the Invesco BulletShares 2022 Corporate Bond ETF. These metrics provide transparency on how well the ETF functions relative to other investments and the broader market. For investors, understanding performance metrics can illuminate the fund's historical growth and its capacity to meet future financial goals.
When one talks about performance metrics, various specific elements come into play. These include, but are not limited to, historical returns, volatility, and Sharpe ratios, among others. Each of these elements offers a unique perspective that aids investors in making informed decisions.
For example, historical returns act like a portfolio's report card. They show how the ETF has performed over time, giving insight into potential future performance, though, naturally, past success doesn’t guarantee the same for the future. Thus, careful analysis of these returns helps investors manage their expectations. Also, understanding the volatility helps in discerning how stable an investment may be. A fund that bounces around more than a rubber ball might be riskier compared to a more stable investment.
In addition, the Sharpe ratio sheds light on risk-adjusted returns, showing how much extra return an investor receives for taking on additional risk. These metrics collectively paint a picture of the ETF's capabilities, strengths, and pitfalls, enabling investors to weigh their options tactically.
"Performance metrics are your navigational tools in the sea of investments. They guide you towards the shores of informed choices."
Analyzing these performance metrics not only clarifies the financial landscape but also helps align the investments with the investor’s personal objectives and risk tolerance. It becomes vital to not merely glance at these numbers but delve into their meanings and implications.
Historical Returns
Historical returns reflect the previous financial performance of the Invesco BulletShares 2022 Corporate Bond ETF over different time frames. It encompasses various periods, ranging from daily to annually, and typically draws comparisons to relevant benchmarks, like the Bloomberg U.S. Corporate Bond Index. Such comparisons can highlight how well the ETF stands against its peers and market expectations.
Investors often look at three primary time frames:
- Year-to-Date (YTD): Gives an idea of performance in the current year.
- 1-Year Return: Helps understand how the fund performed over the last complete year.
- Since Inception: Highlights the overall trajectory since the fund started operating.
For instance, if the ETF shows consistent growth over all these periods, it may indicate a solid investment. Alternatively, if recent returns are significantly lacking compared to historical performance, caution might be warranted, and investors may consider probing deeper into underlying factors.
Risk Assessment
Risk assessment is undeniably one of the most critical facets of investment evaluation. It determines potential downsides and unforeseen pitfalls tied to the Invesco BulletShares 2022 Corporate Bond ETF. There are many aspects to consider when dissecting risk, and delving into both credit risk and interest rate risk could unearth profound insights.
- Credit Risk: This concerns the possibility that the bond issuers within the ETF might default on their obligations, which could harm the ETF’s returns. Investors need to assess the quality of bonds held within the fund. High-quality investment-grade bonds will generally carry lower credit risk as compared to those rated lower.
- Interest Rate Risk: With bond investments, this risk arises from fluctuations in interest rates. If interest rates rise, the value of existing bonds often falls. This can lead to a potential loss in the ETF’s value if the investor decides to redeem their shares before maturity or in high-rate environments.
As investors analyze these risks, it becomes important to contextualize them within their broader investment strategy. Different investors may approach risk in varying ways: some may lean towards aggressive investments, while others prefer conservative, stable options. Understanding these risks surrounding the Invesco BulletShares 2022 Corporate Bond ETF allows investors to align their choices with their individual risk tolerance and objectives, ultimately fostering more informed decisions.
Market Context
Understanding the market context is crucial when it comes to investments, particularly in bond ETFs like the Invesco BulletShares 2022 Corporate Bond ETF. The broader landscape of economic factors can significantly influence bond performance. This section will dive into key elements that shape the current market, shedding light on why these considerations are vital for any investor.
Economic Indicators Affecting Bond Markets
Economic indicators serve as the heartbeat of financial markets. They provide a snapshot of economic health and guide investor behavior. Some of the primary indicators include GDP growth, inflation rates, and employment statistics. Each of these elements provides context for how stable or volatile the bond market may be.
- GDP Growth: A growing economy usually signals that businesses are flourishing, leading to increased corporate earnings. This boosts investor confidence and can increase the demand for corporate bonds. Conversely, a contracting GDP can often lead to a flight to safety, where investors favor government securities over corporate ones.
- Inflation Rates: Inflation affects purchasing power and can erode bond returns. If inflation rises, central banks may respond by hiking interest rates, which inversely affects bond prices. Understanding current inflation trends keeps investors alert to potential shifts in market stability.
- Employment Statistics: These figures offer insights into economic strength. A robust job market typically translates into greater consumer spending, which can lead to better corporate performance. If unemployment rates creep higher, it may signal economic trouble, impacting bond reliability and performance.
In summary, savvy investors stay attuned to these economic indicators to foresee potential shifts in the bond market, allowing for better positioning within their portfolios.
Interest Rate Environment
The interest rate environment plays a pivotal role in shaping the landscape of corporate bond investments. Interest rates and bond prices share an inverse relationship. As rates rise, bond prices usually fall, and vice versa. Understanding the current interest rate climate is essential for making informed decisions.
The Federal Reserve's monetary policy is at the center of this environment. When the Fed raises rates to curb inflation, existing bonds become less attractive because newer issues come with higher yields. For someone invested in Invesco BulletShares 2022 Corporate Bond ETF, this means that the value of their holdings may decline if rates continue to climb.
Moreover, consideration should also be given to:
- Short-term vs. Long-term Rates: Typically, short-term rates react swiftly to economic shifts, while long-term rates incorporate expectations about future economic conditions. Understanding this can guide when to buy or sell.
- Global Influences: Economic actions in major markets like Europe and Asia can ripple through to the U.S., affecting interest rates. Investors must keep an eye on global developments that might impact rates at home.
"Investors who neglect the interest rate environment may find themselves on the wrong side of economic trends, leading to unexpected losses."
In sum, a keen understanding of the interest rate landscape helps investors craft more resilient strategies that align with their financial goals. Analyzing both economic indicators and interest rate conditions equips investors to navigate the bond market more effectively.
Tax Considerations
Tax implications play a crucial role in any investment strategy. Understanding the relevant tax considerations when investing in the Invesco BulletShares 2022 Corporate Bond ETF can greatly influence overall returns. This ETF, designed to provide fixed income, holds corporate bonds that can come with distinct tax features. Investors must grasp the elements that can affect their after-tax income, including the efficiency of corporate bond ETFs and the impact of state and local taxes.
Tax Efficiency of Corporate Bond ETFs
One of the significant advantages of corporate bond ETFs lies in their tax efficiency. Unlike mutual funds, which can generate capital gains under certain conditions, ETFs generally have a more favorable structure. When you sell shares of an ETF, you’re more likely to incur capital gains only when you realize those gains at sale. Furthermore, the unique "in-kind" creation and redemption process allows ETFs to minimize capital gains distributions to investors. For instance, if an investor acquires shares of the Invesco BulletShares 2022 Corporate Bond ETF, they may benefit from lower taxable events compared to other fund types.
"Tax efficiency is key in preserving investor returns, particularly in a low-yield environment."
Some specific considerations regarding tax efficiency include:
- Potential Creation and Redemption: By directly creating and redeeming shares in large blocks, ETF issuers can effectively manage the underlying securities without triggering capital gains.
- Holding Period: If you hold the ETF for more than one year, any capital gains realized when you sell will be taxed at the more favorable long-term capital gains rate.
- Interest Income: Income from corporate bonds generally gets taxed as ordinary income, depending on individual tax brackets.
While tax efficiency is beneficial, careful planning is needed to account for the specific types of corporate bonds in the ETF, along with your personal tax situation.
Impact of State and Local Taxes
Investors should also consider the implications of state and local taxes on their investments in corporate bond ETFs. Different regions have varied tax regulations, which can significantly affect net returns.
For example, certain states may offer exemptions or lower tax rates on municipal bond interest, but corporate bond interest does not usually benefit from these privileges. Here's how state and local taxes can impact the Invesco BulletShares 2022 Corporate Bond ETF:
- Tax Rates Vary: Depending on where you live, the tax rate on bond interest can be different. High-tax states can eat away at returns.
- Non-Residents of State: If you're investing from a state with a higher tax rate looking to minimize tax burdens, you might find purchasing bonds of companies located in states with favorable tax conditions beneficial.
- Reporting Requirements: Be aware that while ETFs may simplify tax reporting for federal purposes, state and local tax guidelines can vary and require additional paperwork.
Investment Risks
When considering any investment, especially in corporate bond ETFs like the Invesco BulletShares 2022 Corporate Bond ETF, understanding investment risks is paramount. Ignoring these risks can lead to significant financial pitfalls, potentially derailing an investor's portfolio goals. This section highlights key risks associated with this ETF, focusing on credit risk and interest rate risk.
Credit Risk
Credit risk represents the potential that an issuer of a bond will default on payment obligations, either of interest or principal due. For the Invesco BulletShares 2022 Corporate Bond ETF, this risk is particularly relevant since it holds a variety of corporate bonds.
Corporations may face financial hardships, which could lead to downgrades in their credit ratings or even defaults. The ETF offers exposure to a diverse range of companies, but the quality of these companies is crucial. For instance, if a significant number of its holdings are rated below investment grade, the overall risk of default increases. Investors need to weigh the likelihood of default against potential yield; often, higher yields come with increased risks.
Investors can mitigate credit risk by:
- Conducting Due Diligence: Researching the financial health and competitive position of the companies behind the bonds can provide insights into their creditworthiness.
- Diversifying Holdings: Spreading investments across various sectors and asset classes can dilute the impact of a single company defaulting.
- Monitoring Ratings: Keeping an eye on the credit ratings provided by agencies like Moody's and S&P can help catch signs of potential distress early.
"Risk management is about understanding the specific factors that can impact your investments and taking proactive steps to address them."
Understanding credit risk is essential for anyone considering this ETF, as it impacts the fund's stability and long-term performance.
Interest Rate Risk
Interest rate risk is the risk that changes in interest rates will negatively affect the bond’s value. Corporate bonds, including those held within the Invesco BulletShares 2022 Corporate Bond ETF, are sensitive to fluctuations in interest rates. When rates rise, the value of existing bonds typically falls, leading to potential capital losses for investors.
If investors expect interest rates to increase—possibly due to inflation or central bank actions—this could be a significant concern. The longer the duration of the bonds held in this ETF, the more pronounced the impact of rising rates could be. Conversely, if rates fall, existing bond prices usually increase, which is favorable for bondholders.
To manage interest rate risk, investors might consider:
- Laddering Bonds: This strategy involves investing in bonds with various maturities to reduce the impact of rate changes over time.
- Staying Informed: Keeping abreast of economic indicators can help forecast potential interest rate movements that affect bond markets.
- Evaluating Duration: Understanding the duration of the ETF can help gauge sensitivity to interest rate changes; shorter durations generally reduce risk exposure.
Ultimately, recognizing and actively managing these investment risks is crucial. While potential rewards exist with the Invesco BulletShares 2022 Corporate Bond ETF, remaining mindful of credit and interest rate risk will enhance the decision-making process for investors navigating the corporate bond landscape.
Comparison with Other Fixed-Income ETFs
When it comes to fixed-income investing, comparing product options is crucial for making the right decision. The Invesco BulletShares 2022 Corporate Bond ETF sits in a competitive landscape that includes a variety of other bond ETFs, each with distinct characteristics. Understanding these differences is key for investors pondering where to allocate their funds.
One noteworthy aspect to consider is how this ETF stacks up against similar offerings. Investors should take into account the following dimensions when evaluating comparable bond ETFs:
- Yield Comparisons: The income generated by these investments often influences choice. Hence, it's essential to look at the yield that different ETFs offer, particularly in relation to their risk profiles.
- Duration and Maturity Profiles: Different ETFs have varying exposure to interest rate risk depending on their duration. The Invesco BulletShares ETF has a target maturity date, allowing it to concentrate on specific maturity ranges, which may be a plus for those focused on defined timelines.
- Types of Bonds Held: Some ETFs might lean towards government bonds, while others focus on corporate or high-yield options. It's crucial to assess the credit quality and diversification of holdings in any fund—this can dramatically affect returns and risks.
"Comparative analyses of similar products must tap into various nuances that can define potential profitability and risk."
Incorporating these considerations can significantly heighten an investor's perspective on risk and reward when choosing among these funds. By scrutinizing each factor, individuals can make a more informed decision regarding the role of the Invesco BulletShares within their broader portfolio.
Evaluating Similar Products
Diving deeper into the comparison, let's explore specific ETFs that bear similarity to the Invesco BulletShares 2022 Corporate Bond ETF. Here are a few examples that investors might analyze:
- iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
- SPDR Bloomberg Barclays High Yield Bond ETF (JNK)
- Vanguard Total Bond Market ETF (BND)
- Focuses on high-quality corporate bonds, which can be less risky but typically offer lower yields.
- Targets high yield or junk bonds. While the return potential may be higher, the risks also escalate.
- Offers broader exposure to the entire bond market, including government securities.
This comparison helps clarify what investors might gain or lose by choosing one fund over another. For example, opting for LQD could mean sacrificing potential yield for stability, whereas picking JNK could heighten risk but improve yield prospects.
Differentiating Factors
Identifying what sets the Invesco BulletShares ETF apart is equally important. Several traits can sway investor preferences:
- Target Maturity Strategy: The Invesco ETF aims for a defined maturity date. This makes it appealing for those who desire certainty about their investments working out over a stipulated timeline.
- Liquidity: With a clear structure, it often provides a better liquidity profile, enabling quick access to cash if needed.
- Transparency: A transparent exposure to underlying holdings can reassure investors, enabling them to understand their risk exposures better.
Investor Suitability
When considering any investment, understanding who should engage with specific financial products is paramount, and this rings true for the Invesco BulletShares 2022 Corporate Bond ETF. This ETF, by its very nature, has distinct characteristics that appeal to certain types of investors. Knowing the nuances of investor suitability can save individuals not just money, but a whole lot of future headaches.
Who Should Consider This ETF?
The Invesco BulletShares 2022 Corporate Bond ETF is tailored for investors who are looking for a balance between income and risk. Specifically, it’s most suitable for:
- Conservative Investors: Those who prioritize stability over high returns would find this ETF appealing. Since it invests in corporate bonds which typically have lower volatility than stocks, it can serve as a safer harbor for risk-averse investors.
- Income Seekers: If you are someone in need of regular income, the focus on bonds offers periodic interest payments. It fits well for retirees or those looking to supplement their income through dividends.
- Short-to-Medium Term Investors: Given that this ETF is scheduled to mature at the end of 2022, it bears significance for investors looking to align their investment with a specific financial goal or timeline.
- Portfolio Diversifiers: Investors keen on minimizing risk through diversification can certainly benefit here. Incorporating a bond ETF like this one adds a layer of safety due to its different risk profile when compared to equities.
Portfolio Considerations
While the Invesco BulletShares 2022 Corporate Bond ETF has many advantages, it’s not without its considerations. When contemplating this ETF, several aspects should inform your portfolio strategy:
- Risk Tolerance: Gauge your overall comfort with the potential ups and downs. While this ETF is generally less volatile, market fluctuations can still impact its performance.
- Investment Horizon: If your goals align with the fund's maturity, it could enhance your financial planning. For example, if you anticipate needing funds at a particular time in 2022, this ETF can fit snugly into that strategy.
- Existing Asset Allocation: Evaluate how this ETF complements your current investments. If your portfolio is heavily weighted on stocks, incorporating a bond-focused ETF can diversify and reduce overall risk.
- Market Conditions: Keep an eye on interest rates and economic indicators. The performance of corporate bonds can vary significantly with changes in the economic landscape, so staying informed is key.
In summary, understanding investor suitability for the Invesco BulletShares 2022 Corporate Bond ETF is essential as it influences not only who might benefit from it, but how it fits into a broader investment strategy. By carefully evaluating who should consider this ETF and the considerations for portfolio integration, investors can make well-informed decisions that align with their financial goals.
Culmination
The conclusion of this analysis serves as a pivotal point, tying together the myriad of insights explored surrounding the Invesco BulletShares 2022 Corporate Bond ETF. This particular ETF is noteworthy, especially for those who are eyeing ways to diversify their investment portfolios while seeking some stability in a sea of fluctuating market conditions.
One critical takeaway is the ETF’s strategic focus on corporate bonds with a specific maturity. In this, it offers a unique blend of income generation and capital preservation, which can appeal to different investor preferences. Additionally, the potential tax efficiency tied to corporate bond ETFs might help in optimizing returns, a factor worth considering for tax-conscious investors.
Recap of Key Points
- The Invesco BulletShares 2022 ETF provides targeted exposure to corporate bonds, which can stabilize income and mitigate risk during tumultuous market phases.
- Understanding the maturity profile associated with this ETF allows investors to align their strategies with their individual risk tolerance and investment horizon.
- Income generation remains a cornerstone feature, making it an attractive option for those who prioritize cash flow.
Final Thoughts on Invesco BulletShares Corporate Bond ETF
In wrapping up, the Invesco BulletShares 2022 Corporate Bond ETF emerges as a thoughtful option for many investors. It's not simply about returns; it's also about how it aligns with one’s overall investment strategy. The structures in place guide investors to make calculated decisions while maintaining flexibility in their portfolios.
Investors, whether new to the scene or seasoned in trading, should weigh how this ETF interacts with their broader investment goals. Participation in such funds can act as a buffer against market volatility while still providing the growth potential associated with corporate bonds. Thus, the Invesco BulletShares 2022 Corporate Bond ETF is certainly worth careful consideration in any investment strategy.
