Understanding the Invesco BulletShares 2027 Corporate Bond ETF (BSCR)

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is designed to invest in corporate bonds that mature around the year 2027. It is primarily used by investors seeking regular income and a specific timeline for their bond investments.

What the Numbers Show

As of October 5, 2026, the share price of BSCR was $19.57. To understand how the fund has performed, it is important to look at both the price return and the total return.

• Price Return: This measures only the change in the share price. Over the last year, the price return was -0.84%. Year-to-date, the price return is -0.89%.

• Total Return: This measures the overall return, including the cash distributions paid to investors. Over the last year, the total return was 3.45%. Year-to-date, the total return is 2.29%.

Over a longer period, the three-year price return was 4.74%, while the three-year total return was 18.98%.

Income and Distribution Explanation

BSCR provides regular cash payments to its investors. It usually pays these distributions monthly, with 12 payments made over the last year. The distribution yield is approximately 4.25%.

It is important for beginners to remember that a distribution yield is not the same as a total return. While the share price has seen a slight decline over the last year, the total return remained positive because of these cash payments.

NAV Erosion Explanation

"NAV erosion" happens when the net asset value of a fund steadily declines, often because the fund pays out more than it earns.

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion. However, based on price-based evidence, the fund has an erosion score of 94, which is labeled as "Stable / sideways" with "good" severity. There is no severe erosion-risk flag for this ETF.

Pros

• Consistent Income: The fund has a history of monthly payouts and an income rating grade of "A."

• Positive Total Returns: Despite small dips in share price, the total returns over one and three years have remained positive.

• Price Stability: The erosion score suggests the price has remained relatively stable.

Cons

• Negative Price Returns: The share price alone has declined slightly over the last year and year-to-date.

• Limited Growth: As a bond ETF with a specific maturity date, it is designed for income rather than aggressive price growth.

Beginner Takeaway

BSCR is an ETF for investors who want monthly income from corporate bonds. While the share price has fluctuated slightly, the total return (which includes the cash paid out) has been positive. This shows that the income distributions are a major part of the fund's overall value.