(BSCY) Invesco BulletShares 2034 - Ratings and Ratios

The Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ: BSCY) is designed to track the performance of investment-grade corporate bonds maturing in 2034. The fund invests at least 80% of its total assets in securities from its underlying index, which focuses on U.S. dollar-denominated corporate bonds with maturities or effective maturities in 2034. This ETF is part of a series of target maturity funds, meaning it will gradually shift its holdings to shorter-duration bonds as it approaches 2034, and eventually hold cash in its final year. The fund is non-diversified, allowing it to concentrate its investments in a smaller number of securities compared to diversified funds.

From a technical standpoint, BSCY has shown relatively stable price action, with its SMA 20, SMA 50, and SMA 200 all hovering around its current price of $20.65. This indicates a sideways trend over the past year. The average trading volume over the past 20 days has been 61,488 shares, reflecting moderate liquidity. The ATR of 0.10 suggests low volatility, making it appealing to investors seeking stability in fixed-income exposure.

Fundamentally, BSCY manages assets of $158.45 million, positioning it as a mid-sized ETF in the fixed-income space. Its focus on 2034 maturity bonds provides clarity for investors looking to match liabilities or create a laddered bond portfolio. The funds structure allows it to maintain a predictable duration profile as it approaches its target maturity.