Invesco BulletShares 2028 Treasury Bond ETF (BSTS)

The Invesco BulletShares 2028 Treasury Bond ETF (BSTS) is a target-maturity fund that invests in U.S. Treasury securities scheduled to mature during 2028. It follows a passive index approach, holding a portfolio of government bonds whose final maturities cluster in that single calendar year.

Because the holdings mature around the same time, the fund behaves somewhat like an individual bond: as the target year approaches, its interest-rate sensitivity declines, and the fund is designed to wind down and distribute its net assets to shareholders after its holdings mature, generally in December 2028.

The fund is part of the BulletShares lineup sponsored by Invesco, which offers a series of dated Treasury, corporate and high-yield ETFs that can be combined to build bond ladders.