Invesco BulletShares 2029 USD Fund

Invesco BulletShares 2029 USD Fund is a fixed-term exchange-traded fund designed to provide targeted exposure to U.S. dollar-denominated, investment-grade corporate bonds, all with effective maturities in the year 2029. By following the Invesco BulletShares USD Corporate Bond 2029 Index, the fund invests primarily in a diversified basket of high-quality corporate debt, employing a sampling methodology rather than purchasing all index constituents. This structure gives investors the ability to align fixed income exposure with specific future cash flow needs, as the fund has a defined maturity date—maturing and liquidating on or about December 15, 2029. Notable features include monthly rebalancing, a transparent rules-based index, and broad sector representation among issuers. The fund plays a significant role in the financial market by offering predictable duration characteristics and providing a precise tool for income planning or ladder strategies, catering to investors seeking time-specific bond exposure without the complexities of managing individual securities directly.