(BSJV) Invesco BulletShares 2031 - Ratings and Ratios

The Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ: BSJV) is designed to track the performance of U.S. dollar-denominated high-yield corporate bonds with maturities in 2031. The fund typically invests at least 80% of its assets in securities from its underlying index, which focuses on high-yield debt instruments. As a non-diversified fund, it may concentrate its holdings in a smaller number of issuers, which can increase risk but also allow for targeted exposure to specific sectors or credits.

From a technical standpoint, BSJV has shown stable price action, with its 20-day SMA (26.37) slightly above its 50-day SMA (26.15) and 200-day SMA (25.72). This indicates a gradual upward trend over the past year. The Average True Range (ATR) of 0.14 suggests low volatility, making it suitable for investors seeking stable income with reduced price fluctuations. The funds average daily volume of 7,224 shares reflects moderate liquidity, which is typical for target-maturity bond ETFs.

Fundamentally, BSJV manages assets under management (AUM) of $34.33 million, which is smaller compared to other fixed-income ETFs. This smaller size may limit its market impact but also allows for more precise tracking of its underlying index. The funds structure is designed to appeal to investors seeking exposure to higher-yield corporate debt with a defined maturity, providing clarity on expected income and return of principal in 2031.

3-Month Forecast: Based on technical and fundamental data, BSJV is expected to trade within a narrow range of $26.00 to $26.50 over the next three months. The funds low ATR and stable SMA trends suggest minimal price movement, with potential upside driven by strength in high-yield corporate bonds. Its AUM size and moderate trading volume may lead to slight premium/discount fluctuations but are unlikely to materially impact its price trajectory.