BSJO Fees and Costs — Invesco BulletShares 2024 High Yield Corporate Bond ETF
Data updated: 2025-01-29
The net expense ratio is 0.43%. There are no sales loads or redemption fees. Portfolio turnover was 78%.
BSJO Fees and Expenses
Annual operating expenses and sales charges of BSJO. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.43% |
| Fee waiver | — |
| Net expense ratio | 0.43% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BSJO Costs Over Time
On $10,000 invested in BSJO, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.43%) | $45 | $142 | $247 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
BSJO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.1B
- Portfolio turnover (prospectus): 78%
- Securities on loan, average value: $39.0M
- Net income from securities lending: $350K (0.052% of average net assets)
BSJO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $2.3B | 60.84% |
| MORGAN STANLEY & CO. LLC | $308.3M | 8.07% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $224.2M | 5.87% |
| GOLDMAN, SACHS & CO. | $223.7M | 5.86% |
| BMO CAPITAL MARKETS CORP. | $205.8M | 5.39% |
| JANE STREET CAPITAL, LLC | $155.0M | 4.06% |
| CITIGROUP GLOBAL MARKETS INC. | $141.3M | 3.70% |
| BNP PARIBAS SECURITIES CORP. | $80.1M | 2.10% |
| CITADEL SECURITIES LLC | $79.3M | 2.08% |
| JANE STREET EXECUTION SERVICES, LLC | $77.4M | 2.03% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.