Invesco Semi-Annual Report to Shareholders
February 28, 2022
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Invesco Semi-Annual Report to Shareholders
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February 28, 2022
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| BSCM | Invesco BulletShares 2022 Corporate Bond ETF | |||
| BSCN | Invesco BulletShares 2023 Corporate Bond ETF | |||
| BSCO | Invesco BulletShares 2024 Corporate Bond ETF | |||
| BSCP | Invesco BulletShares 2025 Corporate Bond ETF | |||
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | |||
| BSCR | Invesco BulletShares 2027 Corporate Bond ETF | |||
| BSCS | Invesco BulletShares 2028 Corporate Bond ETF | |||
| BSCT | Invesco BulletShares 2029 Corporate Bond ETF | |||
| BSCU | Invesco BulletShares 2030 Corporate Bond ETF | |||
| BSCV | Invesco BulletShares 2031 Corporate Bond ETF | |||
| BSJM | Invesco BulletShares 2022 High Yield Corporate Bond ETF | |||
| BSJN | Invesco BulletShares 2023 High Yield Corporate Bond ETF | |||
| BSJO | Invesco BulletShares 2024 High Yield Corporate Bond ETF | |||
| BSJP | Invesco BulletShares 2025 High Yield Corporate Bond ETF | |||
| BSJQ | Invesco BulletShares 2026 High Yield Corporate Bond ETF | |||
| BSJR | Invesco BulletShares 2027 High Yield Corporate Bond ETF | |||
| BSJS | Invesco BulletShares 2028 High Yield Corporate Bond ETF | |||
| BSJT | Invesco BulletShares 2029 High Yield Corporate Bond ETF | |||
| BSMM | Invesco BulletShares 2022 Municipal Bond ETF | |||
| BSMN | Invesco BulletShares 2023 Municipal Bond ETF | |||
| BSMO | Invesco BulletShares 2024 Municipal Bond ETF | |||
| BSMP | Invesco BulletShares 2025 Municipal Bond ETF | |||
| BSMQ | Invesco BulletShares 2026 Municipal Bond ETF | |||
| BSMR | Invesco BulletShares 2027 Municipal Bond ETF | |||
| BSMS | Invesco BulletShares 2028 Municipal Bond ETF | |||
| BSMT | Invesco BulletShares 2029 Municipal Bond ETF | |||
| BSMU | Invesco BulletShares 2030 Municipal Bond ETF | |||
| BSMV | Invesco BulletShares 2031 Municipal Bond ETF | |||
| BSBE | Invesco BulletShares 2022 USD Emerging Markets Debt ETF | |||
| BSCE | Invesco BulletShares 2023 USD Emerging Markets Debt ETF | |||
| BSDE | Invesco BulletShares 2024 USD Emerging Markets Debt ETF | |||
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2 |
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Invesco BulletShares 2022 Corporate Bond ETF (BSCM) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
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U.S. Dollar Denominated Bonds & Notes-95.46% |
| |||||||
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Aerospace & Defense-0.42% |
||||||||
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General Dynamics Corp., 2.25%, 11/15/2022 |
$ | 9,525,000 | $ | 9,596,702 | ||||
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|||||||
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Air Freight & Logistics-0.69% |
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United Parcel Service, Inc. |
||||||||
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2.35%, 05/16/2022 |
5,230,000 | 5,225,986 | ||||||
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2.45%, 10/01/2022 |
10,370,000 | 10,456,148 | ||||||
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|
|
|||||||
| 15,682,134 | ||||||||
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|
|
|||||||
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Automobiles-4.23% |
||||||||
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American Honda Finance Corp. |
||||||||
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1.95%, 05/20/2022 |
6,143,000 | 6,156,385 | ||||||
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2.20%, 06/27/2022 |
7,938,000 | 7,971,748 | ||||||
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0.40%, 10/21/2022 |
4,722,000 | 4,705,852 | ||||||
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2.60%, 11/16/2022 |
5,264,000 | 5,318,472 | ||||||
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General Motors Financial Co., Inc. |
||||||||
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3.45%, 04/10/2022 |
12,477,000 | 12,502,070 | ||||||
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3.15%, 06/30/2022 |
11,774,000 | 11,838,812 | ||||||
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Toyota Motor Corp. (Japan), 2.16%, 07/02/2022 |
4,606,000 | 4,626,509 | ||||||
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Toyota Motor Credit Corp. |
||||||||
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1.15%, 05/26/2022 |
10,627,000 | 10,634,036 | ||||||
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2.80%, 07/13/2022 |
4,881,000 | 4,915,649 | ||||||
|
0.45%, 07/22/2022 |
7,357,000 | 7,342,949 | ||||||
|
2.15%, 09/08/2022 |
8,678,000 | 8,727,413 | ||||||
|
0.35%, 10/14/2022 |
10,952,000 | 10,906,216 | ||||||
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|
|||||||
| 95,646,111 | ||||||||
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|
|||||||
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Banks-18.84% |
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Bank of Montreal (Canada) |
||||||||
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2.35%, 09/11/2022 |
10,436,000 | 10,514,353 | ||||||
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2.55%, 11/06/2022 |
9,293,000 | 9,365,832 | ||||||
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Bank of Nova Scotia (The) (Canada) |
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2.70%, 03/07/2022 |
15,341,000 | 15,345,254 | ||||||
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2.45%, 09/19/2022 |
9,357,000 | 9,421,241 | ||||||
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Barclays Bank PLC (United Kingdom), 7.63%, 11/21/2022 |
15,072,000 | 15,629,399 | ||||||
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Canadian Imperial Bank of Commerce (Canada), 2.55%, 06/16/2022 |
9,361,000 | 9,410,495 | ||||||
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Citigroup, Inc. |
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2.75%, 04/25/2022 |
19,746,000 | 19,773,905 | ||||||
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4.05%, 07/30/2022 |
8,108,000 | 8,210,721 | ||||||
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2.70%, 10/27/2022 |
17,983,000 | 18,139,525 | ||||||
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Citizens Bank N.A., 2.65%, 05/26/2022 |
5,002,000 | 5,016,154 | ||||||
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Fifth Third Bancorp, 2.60%, 06/15/2022 |
7,427,000 | 7,451,516 | ||||||
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First Republic Bank, 2.50%, 06/06/2022 |
5,163,000 | 5,175,233 | ||||||
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HSBC Holdings PLC (United Kingdom), 4.00%, 03/30/2022 |
12,249,000 | 12,277,727 | ||||||
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Huntington National Bank (The), 2.50%, 08/07/2022 |
6,802,000 | 6,839,482 | ||||||
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JPMorgan Chase & Co., 3.25%, 09/23/2022 |
30,572,000 | 30,950,612 | ||||||
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KeyBank N.A. |
||||||||
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2.40%, 06/09/2022 |
5,729,000 | 5,755,275 | ||||||
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2.30%, 09/14/2022 |
7,450,000 | 7,503,904 | ||||||
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Manufacturers and Traders Trust Co., 2.50%, 05/18/2022 |
7,102,000 | 7,117,497 | ||||||
| Principal Amount |
Value | |||||||
|
Banks-(continued) |
||||||||
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Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
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2.62%, 07/18/2022 |
$ | 22,900,000 | $ | 23,046,244 | ||||
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2.67%, 07/25/2022 |
20,828,000 | 20,968,635 | ||||||
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Mizuho Financial Group, Inc. (Japan), 2.60%, 09/11/2022 |
9,380,000 | 9,457,089 | ||||||
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MUFG Union Bank N.A., 2.10%, 12/09/2022 |
7,050,000 | 7,095,623 | ||||||
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NatWest Group PLC (United Kingdom), 6.13%, 12/15/2022 |
12,300,000 | 12,716,370 | ||||||
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People’s United Financial, Inc., 3.65%, 12/06/2022 |
4,687,000 | 4,745,659 | ||||||
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PNC Bank N.A. |
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2.88%, 06/29/2022 |
7,300,000 | 7,334,353 | ||||||
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2.45%, 07/28/2022 |
7,270,000 | 7,305,412 | ||||||
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2.70%, 11/01/2022 |
9,823,000 | 9,918,067 | ||||||
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PNC Financial Services Group, Inc. (The), 2.85%, 11/09/2022(b) |
4,682,000 | 4,739,021 | ||||||
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Skandinaviska Enskilda Banken AB (Sweden), 2.80%, 03/11/2022 |
3,651,000 | 3,653,238 | ||||||
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Sumitomo Mitsui Banking Corp. (Japan), 3.20%, 07/18/2022 |
7,385,000 | 7,445,870 | ||||||
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Sumitomo Mitsui Financial Group, Inc. (Japan) |
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2.78%, 07/12/2022 |
19,769,000 | 19,898,088 | ||||||
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2.78%, 10/18/2022 |
12,123,000 | 12,253,916 | ||||||
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Synchrony Bank, 3.00%, 06/15/2022 |
8,045,000 | 8,079,666 | ||||||
|
Truist Bank, 2.45%, 08/01/2022 |
9,667,000 | 9,716,092 | ||||||
|
Truist Financial Corp., 2.75%, 04/01/2022 |
9,356,000 | 9,356,000 | ||||||
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U.S. Bancorp, 2.95%, 07/15/2022 |
12,974,000 | 13,056,184 | ||||||
|
Wells Fargo & Co. |
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3.50%, 03/08/2022 |
14,343,000 | 14,349,165 | ||||||
|
2.63%, 07/22/2022 |
17,097,000 | 17,211,417 | ||||||
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|
|
|||||||
| 426,244,234 | ||||||||
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|
|||||||
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Beverages-1.73% |
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Diageo Investment Corp. (United Kingdom), 2.88%, 05/11/2022 |
9,519,000 | 9,557,682 | ||||||
|
Molson Coors Beverage Co., 3.50%, 05/01/2022 |
4,661,000 | 4,683,745 | ||||||
|
PepsiCo, Inc. |
||||||||
|
2.75%, 03/05/2022 |
11,496,000 | 11,498,045 | ||||||
|
2.25%, 05/02/2022 |
5,624,000 | 5,631,945 | ||||||
|
3.10%, 07/17/2022 |
7,649,000 | 7,683,701 | ||||||
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|
|
|||||||
| 39,055,118 | ||||||||
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Biotechnology-3.87% |
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AbbVie, Inc. |
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2.90%, 11/06/2022 |
29,200,000 | 29,498,872 | ||||||
|
3.20%, 11/06/2022 |
9,358,000 | 9,444,581 | ||||||
|
2.30%, 11/21/2022 |
28,719,000 | 28,913,425 | ||||||
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Biogen, Inc., 3.63%, 09/15/2022 |
9,533,000 | 9,648,918 | ||||||
|
Gilead Sciences, Inc., 3.25%, 09/01/2022 |
9,908,000 | 9,989,262 | ||||||
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|
|
|||||||
| 87,495,058 | ||||||||
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See accompanying Notes to Financial Statements which are an integral part of the financial statements.
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3 |
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Invesco BulletShares 2022 Corporate Bond ETF (BSCM)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Capital Markets-6.45% |
||||||||
|
Bank of New York Mellon Corp. (The), 1.95%, 08/23/2022 |
$ | 9,410,000 | $ | 9,455,807 | ||||
|
BlackRock, Inc., 3.38%, 06/01/2022 |
7,097,000 | 7,145,399 | ||||||
|
CME Group, Inc., 3.00%, 09/15/2022 |
7,099,000 | 7,175,571 | ||||||
|
Credit Suisse AG (Switzerland), 2.80%, 04/08/2022 |
15,650,000 | 15,686,143 | ||||||
|
Deutsche Bank AG (Germany), 3.30%, 11/16/2022 |
10,609,000 | 10,725,945 | ||||||
|
Morgan Stanley |
||||||||
|
2.75%, 05/19/2022 |
30,578,000 | 30,702,258 | ||||||
|
4.88%, 11/01/2022 |
20,831,000 | 21,311,600 | ||||||
|
Morgan Stanley Domestic Holdings, Inc., 2.95%, 08/24/2022 |
6,027,000 | 6,072,530 | ||||||
|
Nasdaq, Inc., 0.45%, 12/21/2022 |
5,608,000 | 5,574,412 | ||||||
|
Northern Trust Corp., 2.38%, 08/02/2022 |
4,686,000 | 4,717,244 | ||||||
|
TD Ameritrade Holding Corp., 2.95%, 04/01/2022 |
7,116,000 | 7,129,679 | ||||||
|
UBS AG (Switzerland), 7.63%, 08/17/2022 |
19,829,000 | 20,306,824 | ||||||
|
|
|
|||||||
| 146,003,412 | ||||||||
|
|
|
|||||||
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Chemicals-1.15% |
||||||||
|
Celanese US Holdings LLC, 4.63%, 11/15/2022 |
4,686,000 | 4,795,981 | ||||||
|
Eastman Chemical Co., 3.60%, 08/15/2022 |
7,087,000 | 7,125,427 | ||||||
|
Linde, Inc., 2.20%, 08/15/2022 |
3,716,000 | 3,726,175 | ||||||
|
Mosaic Co. (The), 3.25%, 11/15/2022 |
5,144,000 | 5,210,096 | ||||||
|
Syngenta Finance N.V. (Switzerland), 3.13%, 03/28/2022 |
5,187,000 | 5,193,603 | ||||||
|
|
|
|||||||
| 26,051,282 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.46% |
|
|||||||
|
Cintas Corp. No. 2, 2.90%, 04/01/2022 |
5,798,000 | 5,807,690 | ||||||
|
Waste Management, Inc., 2.90%, 09/15/2022 |
4,678,000 | 4,702,969 | ||||||
|
|
|
|||||||
| 10,510,659 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.65% |
||||||||
|
Cisco Systems, Inc., 3.00%, 06/15/2022 |
5,195,000 | 5,230,313 | ||||||
|
Telefonaktiebolaget LM Ericsson (Sweden), 4.13%, 05/15/2022 |
9,455,000 | 9,502,133 | ||||||
|
|
|
|||||||
| 14,732,446 | ||||||||
|
|
|
|||||||
|
Consumer Finance-2.06% |
||||||||
|
American Express Co. |
||||||||
|
2.50%, 08/01/2022 |
17,797,000 | 17,891,427 | ||||||
|
2.65%, 12/02/2022 |
13,736,000 | 13,881,481 | ||||||
|
Capital One N.A. |
||||||||
|
2.65%, 08/08/2022 |
4,000,000 | 4,019,211 | ||||||
|
2.15%, 09/06/2022 |
5,999,000 | 6,033,900 | ||||||
|
Discover Financial Services, 3.85%, 11/21/2022 |
4,683,000 | 4,765,974 | ||||||
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|
|
|||||||
| 46,591,993 | ||||||||
|
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|
|||||||
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Diversified Consumer Services-0.21% |
|
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Block Financial LLC, 5.50%, 11/01/2022 |
4,716,000 | 4,750,547 | ||||||
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| Principal Amount |
Value | |||||||
|
Diversified Financial Services-0.53% |
||||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland), 4.63%, 07/01/2022 |
$ | 4,775,000 | $ | 4,829,232 | ||||
|
ORIX Corp. (Japan), 2.90%, 07/18/2022 |
7,040,000 | 7,093,163 | ||||||
|
|
|
|||||||
| 11,922,395 | ||||||||
|
|
|
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Diversified Telecommunication Services-1.32% |
|
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AT&T, Inc. |
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|
3.00%, 06/30/2022 |
18,612,000 | 18,672,971 | ||||||
|
2.63%, 12/01/2022 |
11,042,000 | 11,118,629 | ||||||
|
|
|
|||||||
| 29,791,600 | ||||||||
|
|
|
|||||||
|
Electric Utilities-3.71% |
||||||||
|
Constellation Energy Generation LLC |
||||||||
|
3.40%, 03/15/2022 |
5,501,000 | 5,505,259 | ||||||
|
4.25%, 06/15/2022 |
5,009,000 | 5,015,479 | ||||||
|
Duke Energy Corp. |
||||||||
|
2.40%, 08/15/2022 |
4,963,000 | 4,990,150 | ||||||
|
3.05%, 08/15/2022 |
5,845,000 | 5,870,278 | ||||||
|
Duke Energy Progress LLC, 2.80%, 05/15/2022 |
4,649,000 | 4,658,155 | ||||||
|
Entergy Corp., 4.00%, 07/15/2022 |
6,382,000 | 6,419,019 | ||||||
|
Eversource Energy, Series K, 2.75%, 03/15/2022 |
5,524,000 | 5,527,732 | ||||||
|
Exelon Corp., 3.50%, 06/01/2022 |
11,201,000 | 11,236,909 | ||||||
|
ITC Holdings Corp., 2.70%, 11/15/2022 . |
6,171,000 | 6,224,537 | ||||||
|
Oncor Electric Delivery Co. LLC, 7.00%, 09/01/2022 |
4,544,000 | 4,660,942 | ||||||
|
Pacific Gas and Electric Co., 1.75%, 06/16/2022 |
23,780,000 | 23,761,321 | ||||||
|
|
|
|||||||
| 83,869,781 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-1.29% |
||||||||
|
ABB Finance USA, Inc. (Switzerland), 2.88%, 05/08/2022 |
11,756,000 | 11,791,801 | ||||||
|
Eaton Corp., 2.75%, 11/02/2022 |
17,197,000 | 17,369,268 | ||||||
|
|
|
|||||||
| 29,161,069 | ||||||||
|
|
|
|||||||
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Electronic Equipment, Instruments & Components-0.47% |
| |||||||
|
CDW LLC/CDW Finance Corp., 4.13%, 05/01/2025 |
5,674,000 | 5,757,266 | ||||||
|
Jabil, Inc., 4.70%, 09/15/2022 |
4,740,000 | 4,828,182 | ||||||
|
|
|
|||||||
| 10,585,448 | ||||||||
|
|
|
|||||||
|
Entertainment-0.84% |
||||||||
|
TWDC Enterprises 18 Corp. |
||||||||
|
2.45%, 03/04/2022 |
4,663,000 | 4,663,489 | ||||||
|
2.35%, 12/01/2022 |
9,547,000 | 9,631,047 | ||||||
|
Walt Disney Co. (The), 1.65%, 09/01/2022 |
4,677,000 | 4,696,559 | ||||||
|
|
|
|||||||
| 18,991,095 | ||||||||
|
|
|
|||||||
|
Equity REITs-1.60% |
||||||||
|
Kimco Realty Corp., 3.40%, 11/01/2022 |
6,704,000 | 6,785,324 | ||||||
|
MPT Operating Partnership L.P./MPT Finance Corp. |
||||||||
|
5.25%, 08/01/2026 |
4,800,000 | 4,901,424 | ||||||
|
5.00%, 10/15/2027 |
14,313,000 | 14,641,054 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
4 |
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| |||
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Equity REITs-(continued) |
||||||||
|
Public Storage, 2.37%, 09/15/2022 |
$ | 4,800,000 | $ | 4,825,630 | ||||
|
SL Green Operating Partnership L.P., 3.25%, 10/15/2022 |
5,073,000 | 5,122,540 | ||||||
|
|
|
|||||||
| 36,275,972 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-0.89% |
||||||||
|
Walgreen Co., 3.10%, 09/15/2022 |
8,109,000 | 8,182,404 | ||||||
|
Walmart, Inc., 2.35%, 12/15/2022 |
11,782,000 | 11,910,813 | ||||||
|
|
|
|||||||
| 20,093,217 | ||||||||
|
|
|
|||||||
|
Food Products-1.27% |
||||||||
|
General Mills, Inc., 2.60%, 10/12/2022 |
4,680,000 | 4,712,666 | ||||||
|
McCormick & Co., Inc., 2.70%, 08/15/2022 |
7,096,000 | 7,139,011 | ||||||
|
Mondelez International, Inc., 0.63%, 07/01/2022 |
9,526,000 | 9,510,817 | ||||||
|
Tyson Foods, Inc., 4.50%, 06/15/2022 |
7,356,000 | 7,351,431 | ||||||
|
|
|
|||||||
| 28,713,925 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-0.96% |
|
|||||||
|
Abbott Laboratories, 2.55%, 03/15/2022 |
8,055,000 | 8,061,602 | ||||||
|
DH Europe Finance II S.a.r.l., 2.05%, 11/15/2022 |
6,543,000 | 6,578,848 | ||||||
|
Zimmer Biomet Holdings, Inc., 3.15%, 04/01/2022 |
7,107,000 | 7,114,017 | ||||||
|
|
|
|||||||
| 21,754,467 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-5.02% |
|
|||||||
|
Aetna, Inc., 2.75%, 11/15/2022 |
9,863,000 | 9,926,656 | ||||||
|
Anthem, Inc. |
||||||||
|
3.13%, 05/15/2022 |
8,150,000 | 8,188,443 | ||||||
|
2.95%, 12/01/2022 |
7,096,000 | 7,178,892 | ||||||
|
Centene Corp., 4.25%, 12/15/2027 |
23,755,000 | 24,345,906 | ||||||
|
CommonSpirit Health, 2.95%, 11/01/2022 |
4,662,000 | 4,714,248 | ||||||
|
CVS Health Corp. |
||||||||
|
3.50%, 07/20/2022 |
14,243,000 | 14,313,959 | ||||||
|
2.75%, 12/01/2022 |
11,699,000 | 11,787,920 | ||||||
|
Humana, Inc., 3.15%, 12/01/2022 |
5,418,000 | 5,469,969 | ||||||
|
UnitedHealth Group, Inc. |
||||||||
|
2.88%, 03/15/2022 |
9,185,000 | 9,193,537 | ||||||
|
3.35%, 07/15/2022 |
9,830,000 | 9,914,727 | ||||||
|
2.38%, 10/15/2022 |
8,523,000 | 8,590,405 | ||||||
|
|
|
|||||||
| 113,624,662 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-0.76% |
||||||||
|
Hyatt Hotels Corp., 1.80%, 10/01/2024 |
7,100,000 | 6,957,089 | ||||||
|
Starbucks Corp. |
||||||||
|
1.30%, 05/07/2022 |
4,883,000 | 4,885,990 | ||||||
|
2.70%, 06/15/2022 |
5,453,000 | 5,464,014 | ||||||
|
|
|
|||||||
| 17,307,093 | ||||||||
|
|
|
|||||||
|
Household Durables-0.54% |
||||||||
|
Lennar Corp., 4.75%, 11/15/2022 |
6,375,000 | 6,467,535 | ||||||
|
NVR, Inc., 3.95%, 09/15/2022 |
5,657,000 | 5,705,438 | ||||||
|
|
|
|||||||
| 12,172,973 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Household Products-0.77% |
||||||||
|
Clorox Co. (The), 3.05%, 09/15/2022 |
$ | 5,655,000 | $ | 5,689,568 | ||||
|
Procter & Gamble Co. (The), 2.15%, 08/11/2022 |
11,727,000 | 11,790,117 | ||||||
|
|
|
|||||||
| 17,479,685 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.16% |
||||||||
|
3M Co., 2.00%, 06/26/2022 |
6,385,000 | 6,406,942 | ||||||
|
General Electric Co. |
||||||||
|
3.15%, 09/07/2022 |
5,100,000 | 5,156,262 | ||||||
|
2.70%, 10/09/2022 |
6,300,000 | 6,361,635 | ||||||
|
Honeywell International, Inc., 0.48%, 08/19/2022 |
3,542,000 | 3,538,211 | ||||||
|
Roper Technologies, Inc., 3.13%, 11/15/2022 |
4,680,000 | 4,724,514 | ||||||
|
|
|
|||||||
| 26,187,564 | ||||||||
|
|
|
|||||||
|
Insurance-0.92% |
||||||||
|
Aon Corp., 2.20%, 11/15/2022 |
4,670,000 | 4,696,747 | ||||||
|
Berkshire Hathaway Finance Corp., 3.00%, 05/15/2022 |
6,107,000 | 6,136,962 | ||||||
|
Chubb INA Holdings, Inc., 2.88%, 11/03/2022 |
9,845,000 | 9,939,093 | ||||||
|
|
|
|||||||
| 20,772,802 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.88% |
|
|||||||
|
Amazon.com, Inc., 2.50%, 11/29/2022 |
12,478,000 | 12,598,458 | ||||||
|
eBay, Inc., 2.60%, 07/15/2022 |
7,257,000 | 7,274,651 | ||||||
|
|
|
|||||||
| 19,873,109 | ||||||||
|
|
|
|||||||
|
IT Services-3.13% |
||||||||
|
Fiserv, Inc., 3.50%, 10/01/2022 |
6,646,000 | 6,684,917 | ||||||
|
International Business Machines Corp. |
||||||||
|
1.88%, 08/01/2022 |
9,500,000 | 9,536,649 | ||||||
|
2.88%, 11/09/2022 |
8,510,000 | 8,612,237 | ||||||
|
PayPal Holdings, Inc., 2.20%, 09/26/2022 |
9,551,000 | 9,620,674 | ||||||
|
VeriSign, Inc., 4.75%, 07/15/2027 |
5,209,000 | 5,381,184 | ||||||
|
Visa, Inc. |
||||||||
|
2.15%, 09/15/2022 |
9,550,000 | 9,612,068 | ||||||
|
2.80%, 12/14/2022 |
21,132,000 | 21,370,457 | ||||||
|
|
|
|||||||
| 70,818,186 | ||||||||
|
|
|
|||||||
|
Machinery-2.91% |
||||||||
|
Caterpillar Financial Services Corp. |
||||||||
|
0.95%, 05/13/2022 |
12,055,000 | 12,059,897 | ||||||
|
2.85%, 06/01/2022 |
5,032,000 | 5,057,605 | ||||||
|
2.40%, 06/06/2022 |
4,136,000 | 4,154,839 | ||||||
|
1.90%, 09/06/2022 |
7,124,000 | 7,155,813 | ||||||
|
1.95%, 11/18/2022 |
7,120,000 | 7,161,487 | ||||||
|
2.55%, 11/29/2022 |
5,658,000 | 5,720,821 | ||||||
|
CNH Industrial Capital LLC, 4.38%, 04/05/2022 |
4,683,000 | 4,697,788 | ||||||
|
Deere & Co., 2.60%, 06/08/2022 |
9,698,000 | 9,712,562 | ||||||
|
John Deere Capital Corp. |
||||||||
|
2.75%, 03/15/2022 |
4,336,000 | 4,338,953 | ||||||
|
2.15%, 09/08/2022 |
5,656,000 | 5,689,619 | ||||||
|
|
|
|||||||
| 65,749,384 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
5 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Media-1.83% |
||||||||
|
Charter Communications Operating LLC/ Charter Communications Operating Capital Corp., 4.46%, 07/23/2022 |
$ | 30,464,000 | $ | 30,690,525 | ||||
|
Comcast Cable Communications Holdings, Inc., 9.46%, 11/15/2022 |
10,183,000 | 10,769,654 | ||||||
|
|
|
|||||||
| 41,460,179 | ||||||||
|
|
|
|||||||
|
Metals & Mining-0.25% |
||||||||
|
Nucor Corp., 4.13%, 09/15/2022 |
5,626,000 | 5,674,991 | ||||||
|
|
|
|||||||
|
Multi-Utilities-0.84% |
||||||||
|
DTE Energy Co. |
||||||||
|
2.25%, 11/01/2022 |
5,287,000 | 5,320,308 | ||||||
|
Series H, 0.55%, 11/01/2022 |
7,120,000 | 7,086,955 | ||||||
|
Public Service Enterprise Group, Inc., 2.65%, 11/15/2022 |
6,536,000 | 6,589,649 | ||||||
|
|
|
|||||||
| 18,996,912 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-4.51% |
||||||||
|
BP Capital Markets PLC (United Kingdom), 2.50%, 11/06/2022 |
10,462,000 | 10,545,309 | ||||||
|
Chevron Corp., 2.36%, 12/05/2022 |
19,022,000 | 19,156,268 | ||||||
|
Enbridge, Inc. (Canada), 2.90%, 07/15/2022 |
7,019,991 | 7,056,110 | ||||||
|
Energy Transfer L.P./Regency Energy Finance Corp., 5.00%, 10/01/2022 |
7,360,000 | 7,448,140 | ||||||
|
Exxon Mobil Corp., 1.90%, 08/16/2022 |
7,130,000 | 7,166,216 | ||||||
|
Kinder Morgan Energy Partners L.P., 3.95%, 09/01/2022 |
9,454,000 | 9,513,372 | ||||||
|
ONEOK Partners L.P., 3.38%, 10/01/2022 |
8,538,000 | 8,597,306 | ||||||
|
Phillips 66, 4.30%, 04/01/2022 |
10,318,000 | 10,345,982 | ||||||
|
Plains All American Pipeline L.P./PAA Finance Corp., 3.65%, 06/01/2022 |
5,525,000 | 5,525,000 | ||||||
|
TransCanada PipeLines Ltd. (Canada), 2.50%, 08/01/2022 |
9,461,000 | 9,507,648 | ||||||
|
Williams Cos., Inc. (The), 3.35%, 08/15/2022 |
7,094,000 | 7,128,091 | ||||||
|
|
|
|||||||
| 101,989,442 | ||||||||
|
|
|
|||||||
|
Personal Products-0.59% |
||||||||
|
Unilever Capital Corp. (United Kingdom) |
||||||||
|
3.00%, 03/07/2022 |
5,354,000 | 5,356,194 | ||||||
|
2.20%, 05/05/2022 |
8,050,000 | 8,061,907 | ||||||
|
|
|
|||||||
| 13,418,101 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-4.14% |
||||||||
|
AstraZeneca PLC (United Kingdom), 2.38%, 06/12/2022 |
9,508,000 | 9,537,876 | ||||||
|
Bristol-Myers Squibb Co. |
||||||||
|
2.00%, 08/01/2022 |
7,008,000 | 7,031,473 | ||||||
|
3.25%, 08/15/2022 |
8,235,000 | 8,321,252 | ||||||
|
Eli Lilly and Co., 2.35%, 05/15/2022 |
7,119,000 | 7,141,759 | ||||||
|
GlaxoSmithKline Capital PLC (United Kingdom), 2.85%, 05/08/2022 |
20,172,000 | 20,235,507 | ||||||
|
Johnson & Johnson, 2.25%, 03/03/2022 |
8,130,000 | 8,130,214 | ||||||
|
Merck & Co., Inc., 2.40%, 09/15/2022 |
9,525,000 | 9,569,504 | ||||||
| Principal Amount |
Value | |||||||
|
Pharmaceuticals-(continued) |
||||||||
|
Novartis Capital Corp. (Switzerland) |
||||||||
|
2.40%, 05/17/2022 |
$ | 9,523,000 | $ | 9,544,394 | ||||
|
2.40%, 09/21/2022 |
14,081,000 | 14,184,039 | ||||||
|
|
|
|||||||
| 93,696,018 | ||||||||
|
|
|
|||||||
|
Professional Services-0.22% |
||||||||
|
Equifax, Inc., 3.30%, 12/15/2022 |
4,961,000 | 5,016,089 | ||||||
|
|
|
|||||||
|
Road & Rail-0.86% |
||||||||
|
Burlington Northern Santa Fe LLC, 3.05%, 09/01/2022 |
6,410,000 | 6,440,385 | ||||||
|
Norfolk Southern Corp., 3.00%, 04/01/2022 |
5,843,000 | 5,852,111 | ||||||
|
Union Pacific Corp., 4.16%, 07/15/2022 |
7,151,000 | 7,176,210 | ||||||
|
|
|
|||||||
| 19,468,706 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-2.82% |
|
|||||||
|
Intel Corp. |
||||||||
|
2.35%, 05/11/2022 |
6,828,000 | 6,842,612 | ||||||
|
3.10%, 07/29/2022 |
11,592,000 | 11,706,791 | ||||||
|
2.70%, 12/15/2022 |
13,624,000 | 13,802,004 | ||||||
|
Microchip Technology, Inc., 4.25%, 09/01/2025 |
11,445,000 | 11,798,412 | ||||||
|
QUALCOMM, Inc., 3.00%, 05/20/2022 |
14,960,000 | 14,989,039 | ||||||
|
Texas Instruments, Inc., 1.85%, 05/15/2022 |
4,676,000 | 4,681,967 | ||||||
|
|
|
|||||||
| 63,820,825 | ||||||||
|
|
|
|||||||
|
Software-2.90% |
||||||||
|
Microsoft Corp. |
||||||||
|
2.65%, 11/03/2022 |
10,432,000 | 10,543,695 | ||||||
|
2.13%, 11/15/2022 |
7,492,000 | 7,561,747 | ||||||
|
Oracle Corp. |
||||||||
|
2.50%, 05/15/2022 |
23,710,000 | 23,736,347 | ||||||
|
2.50%, 10/15/2022 |
23,573,000 | 23,759,188 | ||||||
|
|
|
|||||||
| 65,600,977 | ||||||||
|
|
|
|||||||
|
Specialty Retail-0.85% |
||||||||
|
Home Depot, Inc. (The), 2.63%, 06/01/2022 |
11,851,000 | 11,889,428 | ||||||
|
Lowe’s Cos., Inc., 3.12%, 04/15/2022 |
7,410,000 | 7,423,847 | ||||||
|
|
|
|||||||
| 19,313,275 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-2.62% |
|
|||||||
|
Apple, Inc. |
||||||||
|
2.30%, 05/11/2022 |
8,691,000 | 8,711,969 | ||||||
|
2.70%, 05/13/2022 |
12,006,000 | 12,054,661 | ||||||
|
1.70%, 09/11/2022 |
9,454,000 | 9,500,342 | ||||||
|
2.10%, 09/12/2022 |
9,461,000 | 9,518,720 | ||||||
|
Hewlett Packard Enterprise Co., 4.40%, 10/15/2022 |
14,106,000 | 14,314,827 | ||||||
|
HP, Inc., 4.05%, 09/15/2022 |
5,140,000 | 5,230,681 | ||||||
|
|
|
|||||||
| 59,331,200 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.42% |
|
|||||||
|
Ralph Lauren Corp., 1.70%, 06/15/2022 |
4,686,000 | 4,695,272 | ||||||
|
VF Corp., 2.05%, 04/23/2022 |
4,796,000 | 4,804,725 | ||||||
|
|
|
|||||||
| 9,499,997 | ||||||||
|
|
|
|||||||
|
Tobacco-1.58% |
||||||||
|
Altria Group, Inc., 2.85%, 08/09/2022 |
12,540,000 | 12,627,397 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
6 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Tobacco-(continued) |
||||||||
|
Philip Morris International, Inc. |
||||||||
|
2.38%, 08/17/2022 |
$ | 7,128,000 | $ | 7,166,115 | ||||
|
2.50%, 08/22/2022 |
7,170,000 | 7,222,142 | ||||||
|
2.50%, 11/02/2022 |
8,718,000 | 8,785,316 | ||||||
|
|
|
|||||||
| 35,800,970 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.89% |
| |||||||
|
Air Lease Corp., 2.63%, 07/01/2022 |
5,632,000 | 5,646,424 | ||||||
|
International Lease Finance Corp., 5.88%, 08/15/2022 |
7,089,000 | 7,227,995 | ||||||
|
United Rentals North America, Inc., 3.88%, 11/15/2027 |
7,120,000 | 7,251,720 | ||||||
|
|
|
|||||||
| 20,126,139 | ||||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-0.41% |
|
|||||||
|
T-Mobile USA, Inc., 5.38%, 04/15/2027 |
4,671,000 | 4,816,829 | ||||||
|
Vodafone Group PLC (United Kingdom), 2.50%, 09/26/2022 |
4,420,000 | 4,450,583 | ||||||
|
|
|
|||||||
| 9,267,412 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
2,159,985,356 | ||||||
|
|
|
|||||||
| Shares | Value | |||||||
|
Money Market Funds-6.96% |
||||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
157,429,122 | $ | 157,429,122 | |||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-102.42% |
|
2,317,414,478 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(2.42)% |
|
(54,776,313 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
|
$ | 2,262,638,165 | |||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Step coupon bond. The interest rate represents the coupon rate at which the bond will accrue at a specified future date. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 16,446,920 | $ | 551,863,557 | $ | (410,881,355 | ) | $ | - | $ | - | $ | 157,429,122 | $ | 11,139 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
20,174,801 | 34,707,555 | (54,882,356 | ) | - | - | - | 1,537 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
47,074,537 | 73,764,945 | (120,830,835 | ) | - | (8,647 | ) | - | 18,891 | * | |||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 83,696,258 | $ | 660,336,057 | $ | (586,594,546 | ) | $ | - | $ | (8,647 | ) | $ | 157,429,122 | $ | 31,567 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
7 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
28.80 | |||||
|
Health Care |
13.99 | |||||
|
Information Technology |
12.59 | |||||
|
Industrials |
8.90 | |||||
|
Consumer Discretionary |
7.89 | |||||
|
Consumer Staples |
6.83 | |||||
|
Utilities |
4.55 | |||||
|
Energy |
4.51 | |||||
|
Communication Services |
4.40 | |||||
|
Sector Types Each Less Than 3% |
3.00 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
4.54 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
8 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal | ||||||||
| Amount | Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-99.07% |
| |||||||
|
Aerospace & Defense-2.41% |
||||||||
|
Boeing Co. (The) |
||||||||
|
1.17%, 02/04/2023 |
$ | 8,846,000 | $ | 8,780,169 | ||||
|
4.51%, 05/01/2023 |
19,985,000 | 20,548,565 | ||||||
|
General Dynamics Corp. |
||||||||
|
3.38%, 05/15/2023 |
5,026,000 | 5,133,243 | ||||||
|
1.88%, 08/15/2023 |
3,341,000 | 3,352,924 | ||||||
|
Lockheed Martin Corp., 3.10%, 01/15/2023(b) |
3,300,000 | 3,343,576 | ||||||
|
Northrop Grumman Corp., 3.25%, 08/01/2023 |
7,006,000 | 7,160,519 | ||||||
|
Precision Castparts Corp., 2.50%, 01/15/2023 |
6,637,000 | 6,691,907 | ||||||
|
|
|
|||||||
| 55,010,903 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.29% |
||||||||
|
United Parcel Service, Inc., 2.50%, 04/01/2023 |
6,628,000 | 6,699,245 | ||||||
|
|
|
|||||||
|
Airlines-0.52% |
||||||||
|
Delta Air Lines, Inc., 3.80%, 04/19/2023(b) |
3,320,000 | 3,348,934 | ||||||
|
Southwest Airlines Co., 4.75%, 05/04/2023 |
8,303,000 | 8,586,872 | ||||||
|
|
|
|||||||
| 11,935,806 | ||||||||
|
|
|
|||||||
|
Automobiles-6.18% |
||||||||
|
American Honda Finance Corp. |
||||||||
|
2.05%, 01/10/2023 |
4,983,000 | 5,017,555 | ||||||
|
1.95%, 05/10/2023 |
5,556,000 | 5,586,504 | ||||||
|
0.88%, 07/07/2023 |
8,300,000 | 8,227,239 | ||||||
|
3.45%, 07/14/2023 |
3,322,000 | 3,400,617 | ||||||
|
0.65%, 09/08/2023(b) |
4,933,000 | 4,878,184 | ||||||
|
General Motors Co. |
||||||||
|
4.88%, 10/02/2023 |
10,263,000 | 10,724,830 | ||||||
|
5.40%, 10/02/2023 |
6,702,000 | 7,048,144 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
3.25%, 01/05/2023 |
5,586,000 | 5,662,634 | ||||||
|
3.70%, 05/09/2023 |
7,972,000 | 8,120,843 | ||||||
|
4.25%, 05/15/2023(b) |
5,432,000 | 5,593,109 | ||||||
|
4.15%, 06/19/2023 |
6,587,000 | 6,759,032 | ||||||
|
1.70%, 08/18/2023(b) |
8,228,000 | 8,201,399 | ||||||
|
Stellantis N.V., 5.25%, 04/15/2023(b) |
9,670,000 | 10,009,610 | ||||||
|
Toyota Motor Corp. (Japan), 3.42%, 07/20/2023 |
5,023,000 | 5,147,919 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
2.63%, 01/10/2023 |
4,706,000 | 4,766,495 | ||||||
|
2.70%, 01/11/2023(b) |
4,029,000 | 4,080,043 | ||||||
|
2.90%, 03/30/2023 |
11,456,000 | 11,644,704 | ||||||
|
0.40%, 04/06/2023(b) |
6,571,000 | 6,501,188 | ||||||
|
0.50%, 08/14/2023 |
9,378,000 | 9,248,019 | ||||||
|
1.35%, 08/25/2023 |
7,040,000 | 7,021,911 | ||||||
|
2.25%, 10/18/2023 |
3,294,000 | 3,319,674 | ||||||
|
|
|
|||||||
| 140,959,653 | ||||||||
|
|
|
|||||||
|
Banks-16.45% |
||||||||
|
Banco Santander S.A. (Spain), 3.85%, 04/12/2023 |
8,700,000 | 8,865,448 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Banks-(continued) |
||||||||
|
Bank of America Corp. |
||||||||
|
3.30%, 01/11/2023 |
$ | 28,074,000 | $ | 28,557,062 | ||||
|
4.10%, 07/24/2023 |
13,210,000 | 13,659,927 | ||||||
|
Bank of Montreal (Canada), 0.45%, 12/08/2023(b) |
6,046,000 | 5,894,699 | ||||||
|
Bank of Nova Scotia (The) (Canada), 0.40%, 09/15/2023(b) |
7,200,000 | 7,050,256 | ||||||
|
Canadian Imperial Bank of Commerce (Canada), 3.50%, 09/13/2023(b) |
6,674,000 | 6,876,045 | ||||||
|
Citigroup, Inc. |
||||||||
|
3.50%, 05/15/2023(b) |
8,260,000 | 8,455,652 | ||||||
|
3.88%, 10/25/2023 |
6,432,000 | 6,643,453 | ||||||
|
Citizens Bank N.A., 3.70%, 03/29/2023 |
3,304,000 | 3,371,556 | ||||||
|
Comerica, Inc., 3.70%, 07/31/2023 |
5,616,000 | 5,764,068 | ||||||
|
Cooperatieve Rabobank U.A. (Netherlands) |
||||||||
|
2.75%, 01/10/2023(b) |
7,200,000 | 7,293,427 | ||||||
|
4.63%, 12/01/2023 |
3,600,000 | 3,756,473 | ||||||
|
Fifth Third Bancorp, 1.63%, 05/05/2023 |
3,300,000 | 3,297,951 | ||||||
|
Fifth Third Bank N.A., 1.80%, 01/30/2023 |
4,335,000 | 4,356,566 | ||||||
|
HSBC Holdings PLC (United Kingdom), 3.60%, 05/25/2023 |
13,290,000 | 13,609,476 | ||||||
|
Huntington National Bank (The) |
||||||||
|
1.80%, 02/03/2023 |
3,182,000 | 3,184,183 | ||||||
|
3.55%, 10/06/2023(b) |
4,780,000 | 4,914,388 | ||||||
|
JPMorgan Chase & Co. |
||||||||
|
3.20%, 01/25/2023(b) |
18,349,000 | 18,657,003 | ||||||
|
3.38%, 05/01/2023 |
13,434,000 | 13,689,289 | ||||||
|
2.70%, 05/18/2023 |
13,067,000 | 13,222,674 | ||||||
|
KeyBank N.A. |
||||||||
|
3.38%, 03/07/2023 |
3,360,000 | 3,422,201 | ||||||
|
1.25%, 03/10/2023(b) |
4,640,000 | 4,629,960 | ||||||
|
M&T Bank Corp., 3.55%, 07/26/2023 |
3,305,000 | 3,386,238 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
3.46%, 03/02/2023 |
9,910,000 | 10,093,994 | ||||||
|
3.76%, 07/26/2023 |
14,196,000 | 14,589,456 | ||||||
|
2.53%, 09/13/2023 |
3,402,000 | 3,440,177 | ||||||
|
Mizuho Financial Group, Inc. (Japan), 3.55%, 03/05/2023 |
5,570,000 | 5,684,825 | ||||||
|
NatWest Group PLC (United Kingdom) |
||||||||
|
6.10%, 06/10/2023 |
2,800,000 | 2,937,076 | ||||||
|
3.88%, 09/12/2023 |
17,542,000 | 17,983,674 | ||||||
|
6.00%, 12/19/2023 |
10,284,000 | 10,919,574 | ||||||
|
PNC Bank N.A. |
||||||||
|
2.95%, 01/30/2023 |
4,950,000 | 5,017,490 | ||||||
|
3.50%, 06/08/2023 |
4,850,000 | 4,953,097 | ||||||
|
3.80%, 07/25/2023 |
5,000,000 | 5,123,751 | ||||||
|
Royal Bank of Canada (Canada), 0.50%, 10/26/2023(b) |
8,190,000 | 8,030,417 | ||||||
|
Santander Holdings USA, Inc., 3.40%, 01/18/2023 |
6,915,000 | 7,019,961 | ||||||
|
Sumitomo Mitsui Banking Corp. (Japan) |
||||||||
|
3.00%, 01/18/2023 |
3,336,000 | 3,383,770 | ||||||
|
3.95%, 07/19/2023 |
4,590,000 | 4,733,462 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
9 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Banks-(continued) |
||||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
||||||||
|
3.10%, 01/17/2023 |
$ | 9,910,000 | $ | 10,052,669 | ||||
|
3.75%, 07/19/2023(b) |
4,699,000 | 4,824,233 | ||||||
|
Toronto-Dominion Bank (The) (Canada), 3.50%, 07/19/2023(b) |
10,568,000 | 10,850,788 | ||||||
|
Truist Bank |
||||||||
|
3.00%, 02/02/2023 |
3,305,000 | 3,343,390 | ||||||
|
1.25%, 03/09/2023 |
8,260,000 | 8,249,371 | ||||||
|
2.75%, 05/01/2023(b) |
4,031,000 | 4,079,744 | ||||||
|
U.S. Bank N.A. |
||||||||
|
1.95%, 01/09/2023(b) |
5,370,000 | 5,409,087 | ||||||
|
2.85%, 01/23/2023 |
5,650,000 | 5,725,407 | ||||||
|
3.40%, 07/24/2023 |
8,300,000 | 8,497,361 | ||||||
|
Wells Fargo & Co. |
||||||||
|
4.13%, 08/15/2023 |
10,012,000 | 10,337,336 | ||||||
|
Series M, 3.45%, 02/13/2023(b) |
7,153,000 | 7,274,095 | ||||||
|
|
|
|||||||
| 375,112,200 | ||||||||
|
|
|
|||||||
|
Beverages-2.06% |
||||||||
|
Constellation Brands, Inc. |
||||||||
|
3.20%, 02/15/2023(b) |
3,841,000 | 3,885,079 | ||||||
|
4.25%, 05/01/2023 |
7,056,000 | 7,257,173 | ||||||
|
Diageo Capital PLC (United Kingdom) |
||||||||
|
2.63%, 04/29/2023 |
8,972,000 | 9,070,088 | ||||||
|
3.50%, 09/18/2023 |
3,303,000 | 3,390,330 | ||||||
|
Keurig Dr Pepper, Inc., 3.13%, 12/15/2023(b) |
3,292,000 | 3,354,796 | ||||||
|
PepsiCo, Inc. |
||||||||
|
2.75%, 03/01/2023 |
8,302,000 | 8,427,831 | ||||||
|
0.75%, 05/01/2023 |
6,675,000 | 6,625,487 | ||||||
|
0.40%, 10/07/2023 |
4,980,000 | 4,872,054 | ||||||
|
|
|
|||||||
| 46,882,838 | ||||||||
|
|
|
|||||||
|
Biotechnology-1.88% |
||||||||
|
AbbVie, Inc., 2.85%, 05/14/2023 |
6,655,000 | 6,745,083 | ||||||
|
Amgen, Inc., 2.25%, 08/19/2023(b) |
5,001,000 | 5,056,790 | ||||||
|
Gilead Sciences, Inc. |
||||||||
|
2.50%, 09/01/2023 |
5,146,000 | 5,202,764 | ||||||
|
0.75%, 09/29/2023 |
9,040,000 | 8,917,326 | ||||||
|
Shire Acquisitions Investments Ireland DAC, 2.88%, 09/23/2023(b) |
16,680,000 | 16,909,995 | ||||||
|
|
|
|||||||
| 42,831,958 | ||||||||
|
|
|
|||||||
|
Capital Markets-7.93% |
||||||||
|
Ameriprise Financial, Inc., 4.00%, 10/15/2023 |
5,005,000 | 5,171,267 | ||||||
|
Ares Capital Corp., 3.50%, 02/10/2023(b) |
4,978,000 | 5,034,733 | ||||||
|
Bank of New York Mellon Corp. (The) |
||||||||
|
1.85%, 01/27/2023 |
4,984,000 | 5,015,238 | ||||||
|
2.95%, 01/29/2023 |
6,647,000 | 6,734,256 | ||||||
|
3.50%, 04/28/2023 |
4,977,000 | 5,092,003 | ||||||
|
3.45%, 08/11/2023 |
4,951,000 | 5,068,562 | ||||||
|
2.20%, 08/16/2023(b) |
8,141,000 | 8,206,397 | ||||||
|
0.35%, 12/07/2023(b) |
4,882,000 | 4,782,464 | ||||||
|
Charles Schwab Corp. (The), 2.65%, 01/25/2023 |
5,282,000 | 5,341,896 | ||||||
|
Credit Suisse AG (Switzerland) |
||||||||
|
1.00%, 05/05/2023 |
13,130,000 | 13,039,412 | ||||||
|
0.52%, 08/09/2023 |
9,290,000 | 9,125,333 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Capital Markets-(continued) |
||||||||
|
Goldman Sachs Group, Inc. (The) |
||||||||
|
3.63%, 01/22/2023(b) |
$ | 14,943,000 | $ | 15,198,194 | ||||
|
3.20%, 02/23/2023 |
11,555,000 | 11,701,585 | ||||||
|
0.52%, 03/08/2023 |
4,648,000 | 4,616,698 | ||||||
|
1.22%, 12/06/2023 |
12,400,000 | 12,267,534 | ||||||
|
Jefferies Financial Group, Inc., 5.50%, 10/18/2023 |
3,000,000 | 3,096,982 | ||||||
|
Morgan Stanley |
||||||||
|
3.13%, 01/23/2023 |
16,749,000 | 16,993,656 | ||||||
|
3.75%, 02/25/2023 |
16,680,000 | 17,003,229 | ||||||
|
4.10%, 05/22/2023 |
13,349,000 | 13,710,509 | ||||||
|
State Street Corp. |
||||||||
|
3.10%, 05/15/2023 |
6,693,000 | 6,816,087 | ||||||
|
3.70%, 11/20/2023 |
6,605,000 | 6,822,367 | ||||||
|
|
|
|||||||
| 180,838,402 | ||||||||
|
|
|
|||||||
|
Chemicals-0.98% |
||||||||
|
CF Industries, Inc., 3.45%, 06/01/2023 |
3,290,000 | 3,352,148 | ||||||
|
Ecolab, Inc., 0.90%, 12/15/2023(b) |
3,317,000 | 3,265,039 | ||||||
|
Linde, Inc., 2.70%, 02/21/2023(b) |
3,321,000 | 3,356,377 | ||||||
|
LYB International Finance B.V., 4.00%, 07/15/2023 |
2,821,000 | 2,904,245 | ||||||
|
Mosaic Co. (The), 4.25%, 11/15/2023 |
5,976,000 | 6,184,263 | ||||||
|
Nutrien Ltd. (Canada), 1.90%, 05/13/2023 |
3,286,000 | 3,293,852 | ||||||
|
|
|
|||||||
| 22,355,924 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.15% |
| |||||||
|
Waste Management, Inc., 2.40%, 05/15/2023 |
3,317,000 | 3,341,755 | ||||||
|
|
|
|||||||
|
Communications Equipment-0.36% |
||||||||
|
Cisco Systems, Inc. |
||||||||
|
2.60%, 02/28/2023(b) |
3,232,000 | 3,272,977 | ||||||
|
2.20%, 09/20/2023(b) |
4,935,000 | 4,974,396 | ||||||
|
|
|
|||||||
| 8,247,373 | ||||||||
|
|
|
|||||||
|
Construction Materials-0.20% |
||||||||
|
Martin Marietta Materials, Inc., 0.65%, 07/15/2023(b) |
4,676,000 | 4,606,293 | ||||||
|
|
|
|||||||
|
Consumer Finance-2.89% |
||||||||
|
Ally Financial, Inc. |
||||||||
|
3.05%, 06/05/2023 |
5,303,000 | 5,369,850 | ||||||
|
1.45%, 10/02/2023 |
8,902,000 | 8,798,365 | ||||||
|
American Express Co. |
||||||||
|
3.40%, 02/27/2023 |
10,570,000 | 10,733,962 | ||||||
|
0.75%, 11/03/2023 |
5,282,000 | 5,198,821 | ||||||
|
Capital One Bank USA N.A., 3.38%, 02/15/2023 |
9,650,000 | 9,804,848 | ||||||
|
Capital One Financial Corp. |
||||||||
|
3.20%, 01/30/2023 |
8,297,000 | 8,414,385 | ||||||
|
2.60%, 05/11/2023 |
6,642,000 | 6,701,401 | ||||||
|
3.50%, 06/15/2023 |
5,536,000 | 5,664,107 | ||||||
|
Discover Bank, 3.35%, 02/06/2023 |
5,200,000 | 5,271,213 | ||||||
|
|
|
|||||||
| 65,956,952 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
10 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Diversified Financial Services-1.98% |
| |||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
||||||||
|
3.30%, 01/23/2023 |
$ | 3,982,000 | $ | 4,031,670 | ||||
|
4.13%, 07/03/2023 |
4,151,000 | 4,247,087 | ||||||
|
4.50%, 09/15/2023 |
7,853,000 | 8,096,284 | ||||||
|
1.15%, 10/29/2023 |
11,620,000 | 11,362,291 | ||||||
|
Berkshire Hathaway, Inc. |
||||||||
|
3.00%, 02/11/2023 |
3,348,000 | 3,402,313 | ||||||
|
2.75%, 03/15/2023(b) |
13,837,000 | 14,019,059 | ||||||
|
|
|
|||||||
| 45,158,704 | ||||||||
|
|
|
|||||||
|
Electric Utilities-3.57% |
||||||||
|
Duke Energy Carolinas LLC |
||||||||
|
2.50%, 03/15/2023 |
3,318,000 | 3,352,933 | ||||||
|
3.05%, 03/15/2023 |
3,616,000 | 3,671,573 | ||||||
|
Entergy Louisiana LLC, 0.62%, 11/17/2023 |
7,340,000 | 7,207,027 | ||||||
|
Florida Power & Light Co., 2.75%, 06/01/2023 |
3,312,000 | 3,343,142 | ||||||
|
Georgia Power Co., Series A, 2.10%, 07/30/2023 |
4,670,000 | 4,688,962 | ||||||
|
NextEra Energy Capital Holdings, Inc., 0.65%, 03/01/2023(b) |
13,280,000 | 13,155,835 | ||||||
|
OGE Energy Corp., 0.70%, 05/26/2023(b) |
3,320,000 | 3,270,842 | ||||||
|
Oklahoma Gas and Electric Co., 0.55%, 05/26/2023 |
3,300,000 | 3,254,686 | ||||||
|
Pacific Gas and Electric Co. |
||||||||
|
1.37%, 03/10/2023(b) |
9,959,000 | 9,857,602 | ||||||
|
4.25%, 08/01/2023 |
3,330,000 | 3,402,107 | ||||||
|
1.70%, 11/15/2023 |
5,978,000 | 5,879,451 | ||||||
|
Southern California Edison Co., Series C, 3.50%, 10/01/2023 |
3,995,000 | 4,078,650 | ||||||
|
Southern Co. (The), 2.95%, 07/01/2023 |
8,303,000 | 8,411,079 | ||||||
|
Virginia Electric & Power Co., Series C, 2.75%, 03/15/2023 |
4,644,000 | 4,693,643 | ||||||
|
Xcel Energy, Inc., 0.50%, 10/15/2023 |
3,312,000 | 3,247,129 | ||||||
|
|
|
|||||||
| 81,514,661 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.32% |
||||||||
|
Emerson Electric Co., 2.63%, 02/15/2023. |
3,338,000 | 3,371,534 | ||||||
|
Rockwell Automation, Inc., 0.35%, 08/15/2023 |
3,985,000 | 3,919,713 | ||||||
|
|
|
|||||||
| 7,291,247 | ||||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.85% |
||||||||
|
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 1.23%, 12/15/2023 |
4,300,000 | 4,261,203 | ||||||
|
Halliburton Co., 3.50%, 08/01/2023 |
4,702,000 | 4,798,872 | ||||||
|
Schlumberger Investment S.A., 3.65%, 12/01/2023 |
9,991,000 | 10,272,939 | ||||||
|
|
|
|||||||
| 19,333,014 | ||||||||
|
|
|
|||||||
|
Entertainment-0.21% |
||||||||
|
RELX Capital, Inc. (United Kingdom), 3.50%, 03/16/2023 |
4,625,000 | 4,704,921 | ||||||
|
|
|
|||||||
|
Equity REITs-1.64% |
||||||||
|
American Tower Corp. |
||||||||
|
3.50%, 01/31/2023 |
6,678,000 | 6,795,664 | ||||||
|
3.00%, 06/15/2023(b) |
4,659,000 | 4,731,511 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Equity REITs-(continued) |
||||||||
|
Boston Properties L.P., 3.13%, 09/01/2023 |
$ | 3,303,000 | $ | 3,357,062 | ||||
|
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.85%, 04/15/2023 |
6,609,000 | 6,754,373 | ||||||
|
Crown Castle International Corp., 3.15%, 07/15/2023 |
4,977,000 | 5,061,385 | ||||||
|
ERP Operating L.P., 3.00%, 04/15/2023 |
3,234,000 | 3,275,550 | ||||||
|
GLP Capital L.P./GLP Financing II, Inc., 5.38%, 11/01/2023 |
3,295,000 | 3,439,067 | ||||||
|
Simon Property Group L.P., 2.75%, 06/01/2023 |
4,004,000 | 4,047,264 | ||||||
|
|
|
|||||||
| 37,461,876 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.61% |
||||||||
|
Kroger Co. (The), 3.85%, 08/01/2023 |
4,008,000 | 4,109,366 | ||||||
|
Walgreens Boots Alliance, Inc., 0.95%, 11/17/2023 |
5,600,000 | 5,525,435 | ||||||
|
Walmart, Inc. |
||||||||
|
2.55%, 04/11/2023 |
11,431,000 | 11,564,277 | ||||||
|
3.40%, 06/26/2023 |
15,220,000 | 15,607,518 | ||||||
|
|
|
|||||||
| 36,806,596 | ||||||||
|
|
|
|||||||
|
Food Products-1.05% |
||||||||
|
Campbell Soup Co., 3.65%, 03/15/2023(b) |
3,779,000 | 3,851,420 | ||||||
|
Conagra Brands, Inc. |
||||||||
|
3.20%, 01/25/2023 |
3,841,000 | 3,885,823 | ||||||
|
0.50%, 08/11/2023 |
3,236,000 | 3,174,855 | ||||||
|
General Mills, Inc., 3.70%, 10/17/2023 |
5,686,000 | 5,858,009 | ||||||
|
Hershey Co. (The), 3.38%, 05/15/2023(b) |
3,330,000 | 3,404,499 | ||||||
|
Kellogg Co., 2.65%, 12/01/2023 |
3,709,000 | 3,756,934 | ||||||
|
|
|
|||||||
| 23,931,540 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.94% |
||||||||
|
Atmos Energy Corp., 0.63%, 03/09/2023 |
7,280,000 | 7,199,698 | ||||||
|
CenterPoint Energy Resources Corp., 0.70%, 03/02/2023 |
4,445,000 | 4,399,800 | ||||||
|
National Fuel Gas Co., 3.75%, 03/01/2023(b) |
3,298,000 | 3,339,739 | ||||||
|
ONE Gas, Inc., 0.85%, 03/11/2023 |
6,632,000 | 6,578,462 | ||||||
|
|
|
|||||||
| 21,517,699 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-0.49% |
| |||||||
|
Abbott Laboratories, 3.40%, 11/30/2023 |
7,005,000 | 7,210,954 | ||||||
|
Stryker Corp., 0.60%, 12/01/2023(b) |
4,030,000 | 3,939,473 | ||||||
|
|
|
|||||||
| 11,150,427 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-3.99% |
| |||||||
|
Aetna, Inc., 2.80%, 06/15/2023 |
9,030,000 | 9,156,300 | ||||||
|
AmerisourceBergen Corp., 0.74%, 03/15/2023 |
10,425,000 | 10,343,291 | ||||||
|
Anthem, Inc. |
||||||||
|
3.30%, 01/15/2023 |
6,633,000 | 6,736,984 | ||||||
|
0.45%, 03/15/2023 |
3,125,000 | 3,092,614 | ||||||
|
Cardinal Health, Inc., 3.20%, 03/15/2023 |
3,668,000 | 3,727,068 | ||||||
|
Cigna Corp. |
||||||||
|
3.00%, 07/15/2023 |
5,680,000 | 5,768,593 | ||||||
|
3.75%, 07/15/2023(b) |
7,924,000 | 8,135,579 | ||||||
|
CVS Health Corp., 4.00%, 12/05/2023(b) |
2,650,000 | 2,734,554 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
11 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Health Care Providers & Services-(continued) |
| |||||||
|
HCA, Inc. |
||||||||
|
4.75%, 05/01/2023 |
$ | 8,333,000 | $ | 8,581,477 | ||||
|
5.88%, 05/01/2023(b) |
8,346,000 | 8,689,229 | ||||||
|
Humana, Inc., 0.65%, 08/03/2023 |
9,920,000 | 9,773,502 | ||||||
|
UnitedHealth Group, Inc. |
||||||||
|
2.75%, 02/15/2023 |
3,913,000 | 3,955,644 | ||||||
|
2.88%, 03/15/2023 |
5,002,000 | 5,090,404 | ||||||
|
3.50%, 06/15/2023 |
4,966,000 | 5,092,297 | ||||||
|
|
|
|||||||
| 90,877,536 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-1.16% |
| |||||||
|
Booking Holdings, Inc., 2.75%, 03/15/2023 |
3,188,000 | 3,226,152 | ||||||
|
Hyatt Hotels Corp., 1.30%, 10/01/2023(b) |
4,626,000 | 4,556,926 | ||||||
|
McDonald’s Corp., 3.35%, 04/01/2023 |
6,646,000 | 6,780,453 | ||||||
|
Starbucks Corp. |
||||||||
|
3.10%, 03/01/2023(b) |
6,607,000 | 6,710,683 | ||||||
|
3.85%, 10/01/2023 |
4,922,000 | 5,066,381 | ||||||
|
|
|
|||||||
| 26,340,595 | ||||||||
|
|
|
|||||||
|
Household Durables-0.18% |
||||||||
|
Mohawk Industries, Inc., 3.85%, 02/01/2023(b) |
4,008,000 | 4,064,371 | ||||||
|
|
|
|||||||
|
Household Products-0.45% |
||||||||
|
Colgate-Palmolive Co., 1.95%, 02/01/2023(b) |
3,332,000 | 3,355,270 | ||||||
|
Procter & Gamble Co. (The), 3.10%, 08/15/2023 |
6,669,000 | 6,837,221 | ||||||
|
|
|
|||||||
| 10,192,491 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.72% |
||||||||
|
3M Co. |
||||||||
|
1.75%, 02/14/2023 |
3,336,000 | 3,352,514 | ||||||
|
2.25%, 03/15/2023 |
4,290,000 | 4,328,986 | ||||||
|
General Electric Co., 3.10%, 01/09/2023(b) |
4,000,000 | 4,058,135 | ||||||
|
Roper Technologies, Inc., 3.65%, 09/15/2023 |
4,626,000 | 4,751,673 | ||||||
|
|
|
|||||||
| 16,491,308 | ||||||||
|
|
|
|||||||
|
Insurance-0.74% |
||||||||
|
Allstate Corp. (The), 3.15%, 06/15/2023(b) |
3,168,000 | 3,221,990 | ||||||
|
Lincoln National Corp., 4.00%, 09/01/2023 |
3,289,000 | 3,399,607 | ||||||
|
Loews Corp., 2.63%, 05/15/2023 |
3,319,000 | 3,352,906 | ||||||
|
MetLife, Inc., Series D, 4.37%, 09/15/2023 |
6,646,000 | 6,887,282 | ||||||
|
|
|
|||||||
| 16,861,785 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-1.30% |
| |||||||
|
Amazon.com, Inc. |
||||||||
|
2.40%, 02/22/2023 |
6,734,000 | 6,804,106 | ||||||
|
0.25%, 05/12/2023 |
6,538,000 | 6,453,039 | ||||||
|
0.40%, 06/03/2023(b) |
6,576,000 | 6,508,724 | ||||||
|
eBay, Inc., 2.75%, 01/30/2023 |
5,006,000 | 5,059,593 | ||||||
|
QVC, Inc., 4.38%, 03/15/2023(b) |
4,773,000 | 4,862,279 | ||||||
|
|
|
|||||||
| 29,687,741 | ||||||||
|
|
|
|||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
IT Services-1.29% |
||||||||
|
Fidelity National Information Services, Inc., 0.38%, 03/01/2023 |
$ | 4,755,000 | $ | 4,695,272 | ||||
|
Global Payments, Inc. |
||||||||
|
3.75%, 06/01/2023 |
3,633,000 | 3,701,774 | ||||||
|
4.00%, 06/01/2023 |
4,271,000 | 4,379,677 | ||||||
|
International Business Machines Corp., 3.38%, 08/01/2023 |
9,983,000 | 10,237,927 | ||||||
|
PayPal Holdings, Inc., 1.35%, 06/01/2023 |
6,400,000 | 6,384,701 | ||||||
|
|
|
|||||||
| 29,399,351 | ||||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-0.86% |
| |||||||
|
Agilent Technologies, Inc., 3.88%, 07/15/2023 |
4,002,000 | 4,101,473 | ||||||
|
Illumina, Inc., 0.55%, 03/23/2023 |
3,297,000 | 3,267,440 | ||||||
|
PerkinElmer, Inc., 0.55%, 09/15/2023 |
3,400,000 | 3,345,536 | ||||||
|
Thermo Fisher Scientific, Inc., 0.80%, 10/18/2023 |
9,007,000 | 8,894,353 | ||||||
|
|
|
|||||||
| 19,608,802 | ||||||||
|
|
|
|||||||
|
Machinery-2.94% |
||||||||
|
Caterpillar Financial Services Corp. |
||||||||
|
0.25%, 03/01/2023(b) |
6,642,000 | 6,574,990 | ||||||
|
3.45%, 05/15/2023 |
3,302,000 | 3,387,302 | ||||||
|
0.65%, 07/07/2023 |
6,674,000 | 6,599,532 | ||||||
|
0.45%, 09/14/2023(b) |
6,662,000 | 6,551,126 | ||||||
|
3.75%, 11/24/2023 |
3,300,000 | 3,425,666 | ||||||
|
CNH Industrial Capital LLC, 1.95%, 07/02/2023 |
3,965,000 | 3,966,021 | ||||||
|
CNH Industrial N.V. (United Kingdom), 4.50%, 08/15/2023 |
4,228,000 | 4,366,569 | ||||||
|
Cummins, Inc., 3.65%, 10/01/2023 |
3,082,000 | 3,160,933 | ||||||
|
John Deere Capital Corp. |
||||||||
|
2.70%, 01/06/2023(b) |
3,336,000 | 3,376,671 | ||||||
|
0.25%, 01/17/2023 |
4,038,000 | 4,005,139 | ||||||
|
2.80%, 01/27/2023(b) |
3,325,000 | 3,365,752 | ||||||
|
2.80%, 03/06/2023 |
6,613,000 | 6,708,024 | ||||||
|
1.20%, 04/06/2023 |
3,338,000 | 3,337,663 | ||||||
|
0.40%, 10/10/2023(b) |
3,336,000 | 3,280,204 | ||||||
|
Trane Technologies Global Holding Co. Ltd., 4.25%, 06/15/2023 |
4,674,000 | 4,821,186 | ||||||
|
|
|
|||||||
| 66,926,778 | ||||||||
|
|
|
|||||||
|
Media-0.55% |
||||||||
|
Discovery Communications LLC, 2.95%, 03/20/2023 |
5,256,000 | 5,314,338 | ||||||
|
Time Warner Entertainment Co. L.P., 8.38%, 03/15/2023 |
6,673,000 | 7,118,959 | ||||||
|
|
|
|||||||
| 12,433,297 | ||||||||
|
|
|
|||||||
|
Metals & Mining-0.98% |
||||||||
|
Freeport-McMoRan, Inc. |
||||||||
|
3.88%, 03/15/2023 |
6,614,000 | 6,734,408 | ||||||
|
4.13%, 03/01/2028(b) |
4,675,000 | 4,732,666 | ||||||
|
4.38%, 08/01/2028(b) |
4,343,000 | 4,404,671 | ||||||
|
Nucor Corp., 4.00%, 08/01/2023 |
3,281,000 | 3,370,701 | ||||||
|
Reliance Steel & Aluminum Co., 4.50%, 04/15/2023 |
3,124,000 | 3,198,430 | ||||||
|
|
|
|||||||
| 22,440,876 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
12 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Multiline Retail-0.26% |
||||||||
|
Dollar General Corp., 3.25%, 04/15/2023 |
$ | 5,901,000 | $ | 5,987,349 | ||||
|
Multi-Utilities-1.05% |
||||||||
|
Black Hills Corp., 4.25%, 11/30/2023 |
3,474,000 | 3,596,538 | ||||||
|
Consolidated Edison, Inc., Series A, 0.65%, 12/01/2023 |
4,300,000 | 4,215,275 | ||||||
|
Delmarva Power & Light Co., 3.50%, 11/15/2023 |
3,299,000 | 3,383,630 | ||||||
|
Public Service Electric & Gas Co., 2.38%, 05/15/2023 |
3,305,000 | 3,331,658 | ||||||
|
Public Service Enterprise Group, Inc., 0.84%, 11/08/2023(b) |
4,951,000 | 4,889,574 | ||||||
|
WEC Energy Group, Inc., 0.55%, 09/15/2023 |
4,662,000 | 4,573,007 | ||||||
|
|
|
|||||||
| 23,989,682 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-8.73% |
| |||||||
|
BP Capital Markets PLC (United Kingdom), 3.99%, 09/26/2023 |
5,036,000 | 5,207,824 | ||||||
|
Canadian Natural Resources Ltd. (Canada), 2.95%, 01/15/2023(b) |
6,671,000 | 6,741,898 | ||||||
|
Chevron Corp. |
||||||||
|
1.14%, 05/11/2023(b) |
7,659,000 | 7,636,690 | ||||||
|
2.57%, 05/16/2023 |
4,800,000 | 4,855,985 | ||||||
|
3.19%, 06/24/2023 |
14,702,000 | 14,992,721 | ||||||
|
Chevron USA, Inc., 0.43%, 08/11/2023(b) |
3,797,000 | 3,739,823 | ||||||
|
Continental Resources, Inc., 4.50%, 04/15/2023(b) |
4,301,000 | 4,399,428 | ||||||
|
Enbridge, Inc. (Canada) |
||||||||
|
4.00%, 10/01/2023 |
5,301,000 | 5,442,598 | ||||||
|
0.55%, 10/04/2023 |
3,280,000 | 3,213,757 | ||||||
|
Energy Transfer L.P. |
||||||||
|
3.60%, 02/01/2023 |
5,270,000 | 5,328,748 | ||||||
|
Series 5Y, 4.20%, 09/15/2023 |
3,163,000 | 3,255,633 | ||||||
|
Energy Transfer L.P./Regency Energy Finance Corp., 4.50%, 11/01/2023 |
4,173,000 | 4,303,923 | ||||||
|
Enterprise Products Operating LLC, 3.35%, 03/15/2023 |
8,338,000 | 8,445,632 | ||||||
|
EOG Resources, Inc., 2.63%, 03/15/2023 |
8,341,000 | 8,410,714 | ||||||
|
Exxon Mobil Corp. |
||||||||
|
2.73%, 03/01/2023 |
8,301,000 | 8,396,218 | ||||||
|
1.57%, 04/15/2023 |
18,284,000 | 18,334,222 | ||||||
|
Kinder Morgan Energy Partners L.P. |
||||||||
|
3.45%, 02/15/2023 |
4,332,000 | 4,380,353 | ||||||
|
3.50%, 09/01/2023 |
4,009,000 | 4,085,708 | ||||||
|
Kinder Morgan, Inc., 3.15%, 01/15/2023(b) |
6,671,000 | 6,750,639 | ||||||
|
MPLX L.P. |
||||||||
|
3.38%, 03/15/2023 |
3,297,000 | 3,350,260 | ||||||
|
4.50%, 07/15/2023 |
6,593,000 | 6,773,573 | ||||||
|
ONEOK, Inc., 7.50%, 09/01/2023 |
3,434,000 | 3,668,097 | ||||||
|
Phillips 66, 3.70%, 04/06/2023 |
3,297,000 | 3,370,592 | ||||||
|
Pioneer Natural Resources Co., 0.55%, 05/15/2023 |
5,006,000 | 4,945,049 | ||||||
|
Plains All American Pipeline L.P./PAA Finance Corp., 3.85%, 10/15/2023 |
4,692,000 | 4,794,954 | ||||||
|
Sabine Pass Liquefaction LLC, 5.63%, 04/15/2023 |
9,740,000 | 10,065,163 | ||||||
|
Shell International Finance B.V. (Netherlands), 0.38%, 09/15/2023(b) |
6,672,000 | 6,553,663 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
TotalEnergies Capital Canada Ltd. (France), 2.75%, 07/15/2023(b) |
$ | 6,655,000 | $ | 6,765,662 | ||||
|
TotalEnergies Capital International S.A. (France), 2.70%, 01/25/2023 |
6,654,000 | 6,727,210 | ||||||
|
TransCanada PipeLines Ltd. (Canada), 3.75%, 10/16/2023(b) |
4,206,000 | 4,314,528 | ||||||
|
Williams Cos., Inc. (The) |
||||||||
|
3.70%, 01/15/2023 |
5,668,000 | 5,748,869 | ||||||
|
4.50%, 11/15/2023 |
4,038,000 | 4,191,455 | ||||||
|
|
|
|||||||
| 199,191,589 | ||||||||
|
|
|
|||||||
|
Personal Products-0.31% |
||||||||
|
Unilever Capital Corp. (United Kingdom) |
||||||||
|
3.13%, 03/22/2023(b) |
3,801,000 | 3,875,374 | ||||||
|
0.38%, 09/14/2023 |
3,357,000 | 3,295,381 | ||||||
|
|
|
|||||||
| 7,170,755 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-5.50% |
||||||||
|
AstraZeneca PLC (United Kingdom) |
||||||||
|
0.30%, 05/26/2023(b) |
9,202,000 | 9,078,205 | ||||||
|
3.50%, 08/17/2023 |
6,096,000 | 6,267,467 | ||||||
|
Bristol-Myers Squibb Co. |
||||||||
|
3.25%, 11/01/2023 |
3,335,000 | 3,425,352 | ||||||
|
0.54%, 11/13/2023 |
9,948,000 | 9,793,163 | ||||||
|
GlaxoSmithKline Capital PLC (United Kingdom), 0.53%, 10/01/2023(b) |
8,376,000 | 8,232,543 | ||||||
|
GlaxoSmithKline Capital, Inc. (United Kingdom) |
||||||||
|
2.80%, 03/18/2023(b) |
9,363,000 | 9,494,953 | ||||||
|
3.38%, 05/15/2023 |
8,261,000 | 8,444,670 | ||||||
|
Johnson & Johnson |
||||||||
|
2.05%, 03/01/2023 |
3,336,000 | 3,364,051 | ||||||
|
3.38%, 12/05/2023(b) |
5,344,000 | 5,531,179 | ||||||
|
Merck & Co., Inc., 2.80%, 05/18/2023 |
11,680,000 | 11,887,885 | ||||||
|
Mylan, Inc., 4.20%, 11/29/2023 |
3,298,000 | 3,396,911 | ||||||
|
Pfizer, Inc. |
||||||||
|
3.00%, 06/15/2023 |
6,672,000 | 6,810,520 | ||||||
|
3.20%, 09/15/2023 |
6,665,000 | 6,840,359 | ||||||
|
Royalty Pharma PLC, 0.75%, 09/02/2023 |
6,674,000 | 6,554,484 | ||||||
|
Sanofi (France), 3.38%, 06/19/2023 |
6,672,000 | 6,833,617 | ||||||
|
Takeda Pharmaceutical Co. Ltd. (Japan), 4.40%, 11/26/2023 |
9,918,000 | 10,305,885 | ||||||
|
Zoetis, Inc., 3.25%, 02/01/2023 |
8,984,000 | 9,073,764 | ||||||
|
|
|
|||||||
| 125,335,008 | ||||||||
|
|
|
|||||||
|
Professional Services-0.18% |
||||||||
|
Thomson Reuters Corp. (Canada), 4.30%, 11/23/2023 |
4,000,000 | 4,139,942 | ||||||
|
|
|
|||||||
|
Road & Rail-0.81% |
||||||||
|
Burlington Northern Santa Fe LLC |
||||||||
|
3.00%, 03/15/2023(b) |
4,582,000 | 4,643,666 | ||||||
|
3.85%, 09/01/2023 |
5,281,000 | 5,459,471 | ||||||
|
Norfolk Southern Corp., 2.90%, 02/15/2023 |
3,930,000 | 3,971,212 | ||||||
|
Union Pacific Corp., 3.50%, 06/08/2023 |
4,315,000 | 4,417,297 | ||||||
|
|
|
|||||||
| 18,491,646 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-1.22% |
| |||||||
|
Microchip Technology, Inc., 2.67%, 09/01/2023 |
6,580,000 | 6,644,882 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
13 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Semiconductors & Semiconductor Equipment-(continued) |
| |||||||
|
NVIDIA Corp., 0.31%, 06/15/2023 |
$ | 8,306,000 | $ | 8,187,704 | ||||
|
QUALCOMM, Inc., 2.60%, 01/30/2023 |
6,314,000 | 6,392,309 | ||||||
|
Skyworks Solutions, Inc., 0.90%, 06/01/2023(b) |
3,288,000 | 3,245,896 | ||||||
|
Texas Instruments, Inc., 2.25%, 05/01/2023 |
3,238,000 | 3,262,029 | ||||||
|
|
|
|||||||
| 27,732,820 | ||||||||
|
|
|
|||||||
|
Software-3.52% |
||||||||
|
Adobe, Inc., 1.70%, 02/01/2023(b) |
3,291,000 | 3,304,290 | ||||||
|
Intuit, Inc., 0.65%, 07/15/2023 |
3,337,000 | 3,294,378 | ||||||
|
Microsoft Corp. |
||||||||
|
2.38%, 05/01/2023 |
6,582,000 | 6,653,734 | ||||||
|
2.00%, 08/08/2023(b) |
10,574,000 | 10,679,842 | ||||||
|
3.63%, 12/15/2023 |
9,745,000 | 10,137,780 | ||||||
|
Oracle Corp. |
||||||||
|
2.63%, 02/15/2023(b) |
8,245,000 | 8,302,573 | ||||||
|
3.63%, 07/15/2023(b) |
6,585,000 | 6,758,784 | ||||||
|
2.40%, 09/15/2023 |
16,978,000 | 17,116,391 | ||||||
|
salesforce.com, inc., 3.25%, 04/11/2023 |
7,300,000 | 7,454,694 | ||||||
|
VMware, Inc., 0.60%, 08/15/2023(b) |
6,575,000 | 6,461,310 | ||||||
|
|
|
|||||||
| 80,163,776 | ||||||||
|
|
|
|||||||
|
Specialty Retail-1.20% |
||||||||
|
AutoZone, Inc., 3.13%, 07/15/2023(b) |
3,091,000 | 3,141,336 | ||||||
|
Dell International LLC/EMC Corp., 5.45%, 06/15/2023 |
6,510,000 | 6,781,240 | ||||||
|
Home Depot, Inc. (The), 2.70%, 04/01/2023 |
6,606,000 | 6,682,707 | ||||||
|
Leidos, Inc., 2.95%, 05/15/2023 |
3,900,000 | 3,951,441 | ||||||
|
Lowe’s Cos., Inc., 3.88%, 09/15/2023 |
3,316,000 | 3,407,543 | ||||||
|
TJX Cos., Inc. (The), 2.50%, 05/15/2023 |
3,323,000 | 3,357,532 | ||||||
|
|
|
|||||||
| 27,321,799 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-3.53% |
| |||||||
|
Apple, Inc. |
||||||||
|
2.40%, 01/13/2023 |
5,227,000 | 5,279,718 | ||||||
|
2.85%, 02/23/2023 |
9,874,000 | 10,003,814 | ||||||
|
2.40%, 05/03/2023 |
36,220,000 | 36,698,591 | ||||||
|
0.75%, 05/11/2023(b) |
13,053,000 | 12,977,247 | ||||||
|
Hewlett Packard Enterprise Co. |
||||||||
|
2.25%, 04/01/2023(b) |
7,622,000 | 7,671,158 | ||||||
|
4.45%, 10/02/2023 |
7,662,000 | 7,954,252 | ||||||
|
|
|
|||||||
| 80,584,780 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.17% |
| |||||||
|
NIKE, Inc., 2.25%, 05/01/2023 |
3,837,000 | 3,871,222 | ||||||
|
|
|
|||||||
|
Tobacco-0.87% |
||||||||
|
Philip Morris International, Inc. |
||||||||
|
2.63%, 03/06/2023 |
3,934,000 | 3,977,961 | ||||||
|
1.13%, 05/01/2023 |
4,924,000 | 4,910,403 | ||||||
|
2.13%, 05/10/2023 |
3,797,000 | 3,821,254 | ||||||
|
3.60%, 11/15/2023(b) |
3,304,000 | 3,410,211 | ||||||
|
Reynolds American, Inc. (United Kingdom), 4.85%, 09/15/2023 |
3,634,000 | 3,788,151 | ||||||
|
|
|
|||||||
| 19,907,980 | ||||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
| Principal | ||||||||
| Amount | Value | |||||||
|
Trading Companies & Distributors-0.56% |
| |||||||
|
Air Lease Corp. |
||||||||
|
2.75%, 01/15/2023 |
$ | 4,742,000 | $ | 4,782,937 | ||||
|
3.88%, 07/03/2023 |
3,287,000 | 3,363,111 | ||||||
|
3.00%, 09/15/2023(b) |
4,676,000 | 4,728,665 | ||||||
|
|
|
|||||||
| 12,874,713 | ||||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-1.04% |
| |||||||
|
Rogers Communications, Inc. (Canada) |
||||||||
|
3.00%, 03/15/2023(b) |
3,325,000 | 3,358,580 | ||||||
|
4.10%, 10/01/2023 |
5,676,000 | 5,828,947 | ||||||
|
T-Mobile USA, Inc., 4.75%, 02/01/2028 |
9,957,000 | 10,290,311 | ||||||
|
Vodafone Group PLC (United Kingdom), 2.95%, 02/19/2023 |
4,147,000 | 4,193,678 | ||||||
|
|
|
|||||||
| 23,671,516 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
2,259,409,495 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.23% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, |
5,108,790 | 5,108,790 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
2,264,518,285 | ||||||
|
|
|
|||||||
|
Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-2.95% |
| |||||||
|
Invesco Private Government Fund, 0.12%(c)(d)(e) |
20,191,132 | 20,191,132 | ||||||
|
Invesco Private Prime Fund, |
47,107,929 | 47,112,641 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
67,303,773 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-102.25% |
|
2,331,822,058 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(2.25)% |
|
(51,276,490 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 2,280,545,568 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
14 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 1,935,360 | $ | 210,117,622 | $ | (206,944,192 | ) | $ | - | $ | - | $ | 5,108,790 | $ | 2,668 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
19,982,947 | 40,323,402 | (40,115,217 | ) | - | - | 20,191,132 | 2,654 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
46,626,878 | 66,869,142 | (66,369,480 | ) | (8,094 | ) | (5,805 | ) | 47,112,641 | 23,807 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 68,545,185 | $ | 317,310,166 | $ | (313,428,889 | ) | $ | (8,094 | ) | $ | (5,805 | ) | $ | 72,412,563 | $ | 29,129 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
29.99 | |||||
|
Health Care |
12.72 | |||||
|
Consumer Discretionary |
10.45 | |||||
|
Information Technology |
9.92 | |||||
|
Energy |
9.58 | |||||
|
Industrials |
8.90 | |||||
|
Consumer Staples |
6.35 | |||||
|
Utilities |
5.56 | |||||
|
Sector Types Each Less Than 3% |
5.60 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
0.93 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
15 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal | ||||||||
| Amount | Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.73% |
| |||||||
|
Aerospace & Defense-1.84% |
||||||||
|
Boeing Co. (The) |
||||||||
|
1.95%, 02/01/2024(b) |
$ | 6,701,000 | $ | 6,681,904 | ||||
|
1.43%, 02/04/2024 |
20,108,000 | 19,802,806 | ||||||
|
General Dynamics Corp., 2.38%, 11/15/2024 |
3,351,000 | 3,406,722 | ||||||
|
Howmet Aerospace, Inc., 5.13%, 10/01/2024(b) |
7,705,000 | 8,093,948 | ||||||
|
|
|
|||||||
| 37,985,380 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.17% |
||||||||
|
United Parcel Service, Inc., 2.80%, 11/15/2024(b) |
3,351,000 | 3,409,835 | ||||||
|
|
|
|||||||
|
Airlines-0.29% |
||||||||
|
Delta Air Lines, Inc., 2.90%, 10/28/2024(b) |
6,036,000 | 5,966,526 | ||||||
|
|
|
|||||||
|
Auto Components-0.25% |
||||||||
|
Magna International, Inc. (Canada), 3.63%, 06/15/2024 |
5,028,000 | 5,178,249 | ||||||
|
|
|
|||||||
|
Automobiles-4.16% |
||||||||
|
American Honda Finance Corp. |
||||||||
|
2.90%, 02/16/2024(b) |
3,338,000 | 3,404,745 | ||||||
|
2.40%, 06/27/2024 |
3,352,000 | 3,386,444 | ||||||
|
0.55%, 07/12/2024(b) |
6,031,000 | 5,872,367 | ||||||
|
0.75%, 08/09/2024 |
6,672,000 | 6,484,540 | ||||||
|
2.15%, 09/10/2024 |
5,003,000 | 5,027,400 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
1.05%, 03/08/2024 |
5,698,000 | 5,559,390 | ||||||
|
3.95%, 04/13/2024 |
8,377,000 | 8,622,453 | ||||||
|
1.20%, 10/15/2024(b) |
5,698,000 | 5,554,408 | ||||||
|
3.50%, 11/07/2024 |
5,027,000 | 5,156,393 | ||||||
|
Toyota Motor Corp. (Japan) |
||||||||
|
0.68%, 03/25/2024(b) |
8,336,000 | 8,138,148 | ||||||
|
2.36%, 07/02/2024 |
3,356,000 | 3,384,920 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
0.45%, 01/11/2024(b) |
6,671,000 | 6,519,826 | ||||||
|
2.90%, 04/17/2024 |
3,332,000 | 3,404,821 | ||||||
|
0.50%, 06/18/2024(b) |
5,676,000 | 5,502,567 | ||||||
|
0.63%, 09/13/2024(b) |
6,700,000 | 6,480,649 | ||||||
|
2.00%, 10/07/2024 |
3,339,000 | 3,347,052 | ||||||
|
|
|
|||||||
| 85,846,123 | ||||||||
|
|
|
|||||||
|
Banks-15.07% |
||||||||
|
Bank of America Corp. |
||||||||
|
4.13%, 01/22/2024 |
16,754,000 | 17,438,791 | ||||||
|
4.00%, 04/01/2024(b) |
15,444,000 | 16,043,729 | ||||||
|
4.20%, 08/26/2024 |
20,110,000 | 20,970,606 | ||||||
|
Barclays Bank PLC (United Kingdom), 3.75%, 05/15/2024 |
3,930,000 | 4,064,010 | ||||||
|
Barclays PLC (United Kingdom), 4.38%, 09/11/2024 |
8,360,000 | 8,674,736 | ||||||
|
BNP Paribas S.A. (France), 4.25%, 10/15/2024(b) |
6,700,000 | 6,999,919 | ||||||
|
BPCE S.A. (France), 4.00%, 04/15/2024 |
10,070,000 | 10,443,455 | ||||||
|
Canadian Imperial Bank of Commerce (Canada), 1.00%, 10/18/2024(b) |
4,356,000 | 4,217,115 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Banks-(continued) |
||||||||
|
Citigroup, Inc. |
||||||||
|
3.75%, 06/16/2024 |
$ | 4,173,000 | $ | 4,325,538 | ||||
|
4.00%, 08/05/2024 |
5,027,000 | 5,191,652 | ||||||
|
Cooperatieve Rabobank U.A. (Netherlands), 0.38%, 01/12/2024(b) |
5,000,000 | 4,877,876 | ||||||
|
Fifth Third Bancorp, 4.30%, 01/16/2024(b) |
5,025,000 | 5,225,668 | ||||||
|
HSBC Holdings PLC (United Kingdom), 4.25%, 03/14/2024 |
13,410,000 | 13,911,896 | ||||||
|
HSBC USA, Inc., 3.50%, 06/23/2024 |
5,050,000 | 5,206,564 | ||||||
|
Intesa Sanpaolo S.p.A. (Italy), 5.25%, 01/12/2024 |
4,244,000 | 4,461,402 | ||||||
|
JPMorgan Chase & Co. |
||||||||
|
3.88%, 02/01/2024 |
10,057,000 | 10,433,569 | ||||||
|
3.63%, 05/13/2024(b) |
13,347,000 | 13,802,558 | ||||||
|
3.88%, 09/10/2024 |
20,006,000 | 20,793,906 | ||||||
|
Lloyds Banking Group PLC (United Kingdom), 4.50%, 11/04/2024 |
6,610,000 | 6,907,924 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan), 2.80%, 07/18/2024 |
6,711,000 | 6,808,726 | ||||||
|
National Bank of Canada (Canada), 0.75%, 08/06/2024(b) |
3,350,000 | 3,243,775 | ||||||
|
NatWest Group PLC (United Kingdom), 5.13%, 05/28/2024 |
8,274,000 | 8,712,917 | ||||||
|
PNC Bank N.A. |
||||||||
|
2.50%, 08/27/2024 |
4,000,000 | 4,045,726 | ||||||
|
3.30%, 10/30/2024 |
3,305,000 | 3,419,652 | ||||||
|
PNC Financial Services Group, Inc. (The) |
||||||||
|
3.90%, 04/29/2024 |
5,029,000 | 5,238,082 | ||||||
|
2.20%, 11/01/2024 |
4,336,000 | 4,359,854 | ||||||
|
Royal Bank of Canada (Canada), 0.65%, 07/29/2024 |
5,698,000 | 5,500,103 | ||||||
|
Santander UK PLC (United Kingdom), 4.00%, 03/13/2024(b) |
6,704,000 | 6,959,316 | ||||||
|
Sumitomo Mitsui Banking Corp. (Japan) |
||||||||
|
3.95%, 01/10/2024 |
3,402,000 | 3,532,319 | ||||||
|
3.40%, 07/11/2024(b) |
3,233,000 | 3,329,382 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
||||||||
|
0.51%, 01/12/2024(b) |
3,440,000 | 3,357,511 | ||||||
|
2.70%, 07/16/2024 |
13,410,000 | 13,556,806 | ||||||
|
2.45%, 09/27/2024 |
6,800,000 | 6,831,490 | ||||||
|
Truist Bank, 2.15%, 12/06/2024 |
8,480,000 | 8,508,296 | ||||||
|
Truist Financial Corp., 2.85%, 10/26/2024 |
6,669,000 | 6,799,793 | ||||||
|
U.S. Bancorp, 3.60%, 09/11/2024 |
6,704,000 | 6,960,885 | ||||||
|
US Bancorp, 3.70%, 01/30/2024(b) |
5,000,000 | 5,179,860 | ||||||
|
Wells Fargo & Co. |
||||||||
|
4.48%, 01/16/2024 |
4,844,000 | 5,070,676 | ||||||
|
3.30%, 09/09/2024 |
15,080,000 | 15,481,330 | ||||||
|
|
|
|||||||
| 310,887,413 | ||||||||
|
|
|
|||||||
|
Beverages-1.31% |
||||||||
|
Coca-Cola Co. (The), 1.75%, 09/06/2024 |
6,706,000 | 6,724,840 | ||||||
|
Diageo Capital PLC (United Kingdom), 2.13%, 10/24/2024 |
4,100,000 | 4,114,048 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
16 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Beverages-(continued) |
| |||||||
|
Keurig Dr Pepper, Inc., 0.75%, 03/15/2024 |
$ | 7,672,000 | $ | 7,490,808 | ||||
|
PepsiCo, Inc., 3.60%, 03/01/2024 |
8,373,000 | 8,665,824 | ||||||
|
|
|
|||||||
| 26,995,520 | ||||||||
|
|
|
|||||||
|
Biotechnology-2.29% |
||||||||
|
AbbVie, Inc., 2.60%, 11/21/2024 |
25,064,000 | 25,340,373 | ||||||
|
Amgen, Inc., 3.63%, 05/22/2024 |
9,382,000 | 9,700,087 | ||||||
|
Gilead Sciences, Inc., 3.70%, 04/01/2024 |
11,727,000 | 12,112,780 | ||||||
|
|
|
|||||||
| 47,153,240 | ||||||||
|
|
|
|||||||
|
Capital Markets-9.21% |
||||||||
|
Ameriprise Financial, Inc., 3.70%, 10/15/2024 |
3,797,000 | 3,959,270 | ||||||
|
Bank of New York Mellon Corp. (The) |
||||||||
|
0.50%, 04/26/2024 |
4,024,000 | 3,913,978 | ||||||
|
3.40%, 05/15/2024(b) |
3,356,000 | 3,466,031 | ||||||
|
3.25%, 09/11/2024 |
3,353,000 | 3,457,719 | ||||||
|
2.10%, 10/24/2024(b) |
6,699,000 | 6,728,757 | ||||||
|
Series 12, 3.65%, 02/04/2024 |
5,010,000 | 5,173,707 | ||||||
|
Series J, 0.85%, 10/25/2024(b) |
4,706,000 | 4,586,639 | ||||||
|
BlackRock, Inc., 3.50%, 03/18/2024 |
6,703,000 | 6,950,356 | ||||||
|
Brookfield Finance, Inc. (Canada), 4.00%, 04/01/2024 |
5,205,000 | 5,389,540 | ||||||
|
Charles Schwab Corp. (The), 0.75%, 03/18/2024 |
10,032,000 | 9,826,309 | ||||||
|
Credit Suisse AG (Switzerland) |
||||||||
|
0.50%, 02/02/2024 |
6,600,000 | 6,390,910 | ||||||
|
3.63%, 09/09/2024 |
20,010,000 | 20,675,590 | ||||||
|
Deutsche Bank AG (Germany) |
||||||||
|
3.70%, 05/30/2024 |
5,100,000 | 5,238,514 | ||||||
|
3.70%, 05/30/2024(b) |
5,220,000 | 5,359,577 | ||||||
|
FS KKR Capital Corp., 1.65%, 10/12/2024 |
3,352,000 | 3,218,324 | ||||||
|
Goldman Sachs Group, Inc. (The) |
||||||||
|
4.00%, 03/03/2024 |
20,013,000 | 20,749,072 | ||||||
|
3.85%, 07/08/2024 |
15,001,000 | 15,531,180 | ||||||
|
Moody’s Corp., 4.88%, 02/15/2024(b) |
3,403,000 | 3,572,448 | ||||||
|
Morgan Stanley |
||||||||
|
3.70%, 10/23/2024(b) |
20,107,000 | 20,817,517 | ||||||
|
Series F, 3.88%, 04/29/2024 |
20,108,000 | 20,797,468 | ||||||
|
Nasdaq, Inc., 4.25%, 06/01/2024(b) |
3,501,000 | 3,652,159 | ||||||
|
State Street Corp., 3.30%, 12/16/2024 |
6,702,000 | 6,941,750 | ||||||
|
Stifel Financial Corp., 4.25%, 07/18/2024 |
3,317,000 | 3,459,137 | ||||||
|
|
|
|||||||
| 189,855,952 | ||||||||
|
|
|
|||||||
|
Chemicals-0.44% |
||||||||
|
LyondellBasell Industries N.V., 5.75%, 04/15/2024 |
5,280,000 | 5,631,430 | ||||||
|
Sherwin-Williams Co. (The), 3.13%, 06/01/2024 |
3,347,000 | 3,423,139 | ||||||
|
|
|
|||||||
| 9,054,569 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.55% |
||||||||
|
Cisco Systems, Inc., 3.63%, 03/04/2024 |
6,796,000 | 7,018,227 | ||||||
|
Motorola Solutions, Inc., 4.00%, 09/01/2024 |
4,104,000 | 4,250,855 | ||||||
|
|
|
|||||||
| 11,269,082 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Construction & Engineering-0.16% |
||||||||
|
Quanta Services, Inc., 0.95%, 10/01/2024 |
$ | 3,402,000 | $ | 3,290,512 | ||||
|
|
|
|||||||
|
Consumer Finance-2.07% |
||||||||
|
Ally Financial, Inc., 5.13%, 09/30/2024 |
4,692,000 | 4,980,017 | ||||||
|
American Express Co. |
||||||||
|
3.00%, 10/30/2024 |
11,060,000 | 11,317,529 | ||||||
|
3.63%, 12/05/2024(b) |
4,021,000 | 4,176,065 | ||||||
|
Capital One Financial Corp., 3.75%, 04/24/2024(b) |
5,025,000 | 5,183,601 | ||||||
|
Discover Bank, 2.45%, 09/12/2024 |
4,940,000 | 4,949,829 | ||||||
|
Discover Financial Services, 3.95%, 11/06/2024 |
3,356,000 | 3,487,611 | ||||||
|
Synchrony Financial, 4.25%, 08/15/2024 |
8,379,000 | 8,695,876 | ||||||
|
|
|
|||||||
| 42,790,528 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.25% |
||||||||
|
Berry Global, Inc., 0.95%, 02/15/2024 |
5,331,000 | 5,190,810 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-2.20% |
||||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
||||||||
|
3.15%, 02/15/2024 |
6,100,000 | 6,154,635 | ||||||
|
1.65%, 10/29/2024 |
21,710,000 | 21,103,356 | ||||||
|
Series 3NC1, 1.75%, 10/29/2024 |
6,800,000 | 6,617,326 | ||||||
|
MidAmerican Energy Co., 3.50%, 10/15/2024 |
3,355,000 | 3,483,709 | ||||||
|
National Rural Utilities Cooperative Finance Corp., 0.35%, 02/08/2024 |
3,339,000 | 3,246,263 | ||||||
|
ORIX Corp. (Japan), 3.25%, 12/04/2024(b) |
4,703,000 | 4,826,720 | ||||||
|
|
|
|||||||
| 45,432,009 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-2.24% |
|
|||||||
|
AT&T, Inc. |
|
|||||||
|
3.90%, 03/11/2024 |
3,560,000 | 3,687,470 | ||||||
|
0.90%, 03/25/2024 |
15,078,000 | 14,836,997 | ||||||
|
4.45%, 04/01/2024 |
8,100,000 | 8,466,062 | ||||||
|
Bell Canada (Canada), Series US-3, 0.75%, 03/17/2024(b) |
4,024,000 | 3,922,783 | ||||||
|
Verizon Communications, Inc. |
||||||||
|
0.75%, 03/22/2024 |
6,700,000 | 6,565,800 | ||||||
|
3.50%, 11/01/2024 |
8,459,000 | 8,762,101 | ||||||
|
|
|
|||||||
| 46,241,213 | ||||||||
|
|
|
|||||||
|
Electric Utilities-2.05% |
||||||||
|
Avangrid, Inc., 3.15%, 12/01/2024 |
4,004,000 | 4,085,427 | ||||||
|
Duke Energy Corp., 3.75%, 04/15/2024 |
6,707,000 | 6,927,038 | ||||||
|
Edison International, 3.55%, 11/15/2024 |
3,347,000 | 3,417,222 | ||||||
|
Entergy Louisiana LLC, 0.95%, 10/01/2024(b) |
6,670,000 | 6,483,856 | ||||||
|
Evergy, Inc., 2.45%, 09/15/2024 |
5,335,000 | 5,338,517 | ||||||
|
Florida Power & Light Co., 3.25%, 06/01/2024(b) |
3,350,000 | 3,452,487 | ||||||
|
Interstate Power and Light Co., 3.25%, 12/01/2024 |
3,336,000 | 3,413,455 | ||||||
|
Southern California Edison Co., 1.10%, 04/01/2024 |
4,667,000 | 4,570,852 | ||||||
|
Southern Co. (The), Series 21-A, 0.60%, 02/26/2024(b) |
4,826,000 | 4,686,192 | ||||||
|
|
|
|||||||
| 42,375,046 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
17 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Electronic Equipment, Instruments & Components-0.58% |
| |||||||
|
Arrow Electronics, Inc., 3.25%, 09/08/2024 |
$ | 3,396,000 | $ | 3,461,852 | ||||
|
CDW LLC/CDW Finance Corp., 5.50%, 12/01/2024 |
3,997,000 | 4,185,978 | ||||||
|
Keysight Technologies, Inc., 4.55%, 10/30/2024 |
4,099,000 | 4,320,682 | ||||||
|
|
|
|||||||
| 11,968,512 | ||||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.21% |
| |||||||
|
Boardwalk Pipelines L.P., 4.95%, 12/15/2024 |
4,005,000 | 4,232,625 | ||||||
|
|
|
|||||||
|
Entertainment-0.49% |
| |||||||
|
Walt Disney Co. (The), 1.75%, 08/30/2024(b) |
10,050,000 | 10,019,661 | ||||||
|
|
|
|||||||
|
Equity REITs-2.36% |
| |||||||
|
American Tower Corp. |
||||||||
|
0.60%, 01/15/2024(b) |
3,391,000 | 3,305,034 | ||||||
|
5.00%, 02/15/2024(b) |
6,705,000 | 7,063,191 | ||||||
|
Boston Properties L.P., 3.80%, 02/01/2024 |
4,703,000 | 4,838,796 | ||||||
|
Brixmor Operating Partnership L.P., 3.65%, 06/15/2024 |
3,398,000 | 3,503,296 | ||||||
|
Crown Castle International Corp., 3.20%, 09/01/2024 |
5,022,000 | 5,122,530 | ||||||
|
CyrusOne L.P./CyrusOne Finance Corp., 2.90%, 11/15/2024 |
4,098,000 | 4,150,004 | ||||||
|
Simon Property Group L.P. |
||||||||
|
3.75%, 02/01/2024 |
4,097,000 | 4,226,564 | ||||||
|
2.00%, 09/13/2024 |
6,666,000 | 6,654,917 | ||||||
|
3.38%, 10/01/2024 |
6,096,000 | 6,280,611 | ||||||
|
W.P. Carey, Inc., 4.60%, 04/01/2024(b) |
3,405,000 | 3,556,670 | ||||||
|
|
|
|||||||
| 48,701,613 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.60% |
| |||||||
|
Costco Wholesale Corp., 2.75%, 05/18/2024 |
6,704,000 | 6,850,609 | ||||||
|
Kroger Co. (The), 4.00%, 02/01/2024 |
3,341,000 | 3,466,853 | ||||||
|
Walgreens Boots Alliance, Inc., 3.80%, 11/18/2024 |
7,750,000 | 8,051,525 | ||||||
|
Walmart, Inc. |
||||||||
|
3.30%, 04/22/2024(b) |
10,051,000 | 10,389,048 | ||||||
|
2.65%, 12/15/2024(b) |
4,204,000 | 4,310,515 | ||||||
|
|
|
|||||||
| 33,068,550 | ||||||||
|
|
|
|||||||
|
Food Products-1.34% |
| |||||||
|
Bunge Ltd. Finance Corp., 4.35%, 03/15/2024(b) |
4,004,000 | 4,164,578 | ||||||
|
General Mills, Inc., 3.65%, 02/15/2024 |
3,349,000 | 3,454,853 | ||||||
|
Hormel Foods Corp., 0.65%, 06/03/2024 |
6,360,000 | 6,191,948 | ||||||
|
McCormick & Co., Inc., 3.15%, 08/15/2024 |
4,908,000 | 5,030,301 | ||||||
|
Tyson Foods, Inc., 3.95%, 08/15/2024 |
8,378,000 | 8,708,614 | ||||||
|
|
|
|||||||
| 27,550,294 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.59% |
| |||||||
|
Eastern Energy Gas Holdings LLC, |
||||||||
|
Series A, 2.50%, 11/15/2024 |
4,004,000 | 4,013,611 | ||||||
| Principal Amount |
Value | |||||||
|
Gas Utilities-(continued) |
| |||||||
|
ONE Gas, Inc., 1.10%, 03/11/2024 |
$ | 4,703,000 | $ | 4,604,455 | ||||
|
Southern California Gas Co., 3.15%, 09/15/2024 |
3,399,000 | 3,485,116 | ||||||
|
|
|
|||||||
| 12,103,182 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-1.32% |
| |||||||
|
Becton, Dickinson and Co. |
||||||||
|
3.36%, 06/06/2024 |
6,683,000 | 6,856,084 | ||||||
|
3.73%, 12/15/2024 |
5,837,000 | 6,044,610 | ||||||
|
DH Europe Finance II S.a.r.l., 2.20%, 11/15/2024 |
4,690,000 | 4,699,875 | ||||||
|
Stryker Corp., 3.38%, 05/15/2024 |
4,009,000 | 4,112,569 | ||||||
|
Zimmer Biomet Holdings, Inc., 1.45%, 11/22/2024(b) |
5,695,000 | 5,573,465 | ||||||
|
|
|
|||||||
| 27,286,603 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-4.98% |
| |||||||
|
Aetna, Inc., 3.50%, 11/15/2024 |
5,031,000 | 5,181,239 | ||||||
|
AmerisourceBergen Corp., 3.40%, 05/15/2024(b) |
3,351,000 | 3,438,008 | ||||||
|
Anthem, Inc. |
||||||||
|
3.50%, 08/15/2024 |
5,357,000 | 5,516,225 | ||||||
|
3.35%, 12/01/2024 |
5,692,000 | 5,863,009 | ||||||
|
Cardinal Health, Inc., 3.08%, 06/15/2024 |
5,028,000 | 5,114,498 | ||||||
|
Centene Corp., 4.63%, 12/15/2029 |
23,461,000 | 24,203,658 | ||||||
|
Cigna Corp. |
||||||||
|
0.61%, 03/15/2024 |
3,684,000 | 3,597,193 | ||||||
|
3.50%, 06/15/2024 |
4,784,000 | 4,911,269 | ||||||
|
CommonSpirit Health, 2.76%, 10/01/2024 |
5,138,000 | 5,189,827 | ||||||
|
CVS Health Corp., 3.38%, 08/12/2024 |
4,361,000 | 4,487,239 | ||||||
|
HCA, Inc., 5.00%, 03/15/2024 |
13,404,000 | 14,102,732 | ||||||
|
Humana, Inc., 3.85%, 10/01/2024 |
3,998,000 | 4,150,441 | ||||||
|
Laboratory Corp. of America Holdings, 3.25%, 09/01/2024 |
4,024,000 | 4,112,776 | ||||||
|
McKesson Corp., 3.80%, 03/15/2024(b) |
6,124,000 | 6,307,817 | ||||||
|
UnitedHealth Group, Inc., 0.55%, 05/15/2024(b) |
6,700,000 | 6,534,504 | ||||||
|
|
|
|||||||
| 102,710,435 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-0.34% |
| |||||||
|
Expedia Group, Inc., 4.50%, 08/15/2024 |
3,400,000 | 3,555,774 | ||||||
|
McDonald’s Corp., 3.25%, 06/10/2024(b) |
3,332,000 | 3,431,791 | ||||||
|
|
|
|||||||
| 6,987,565 | ||||||||
|
|
|
|||||||
|
Household Durables-0.38% |
| |||||||
|
D.R. Horton, Inc., 2.50%, 10/15/2024 |
3,350,000 | 3,368,240 | ||||||
|
Lennar Corp., 4.50%, 04/30/2024(b) |
4,353,000 | 4,533,559 | ||||||
|
|
|
|||||||
| 7,901,799 | ||||||||
|
|
|
|||||||
|
Household Products-0.34% |
| |||||||
|
Clorox Co. (The), 3.50%, 12/15/2024 |
3,348,000 | 3,472,331 | ||||||
|
Colgate-Palmolive Co., 3.25%, 03/15/2024(b) |
3,335,000 | 3,448,763 | ||||||
|
|
|
|||||||
| 6,921,094 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.16% |
| |||||||
|
Roper Technologies, Inc., 2.35%, 09/15/2024 |
3,337,000 | 3,359,751 | ||||||
|
|
|
|||||||
|
Insurance-2.13% |
| |||||||
|
Aflac, Inc., 3.63%, 11/15/2024(b) |
4,999,000 | 5,207,336 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
18 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Insurance-(continued) |
| |||||||
|
American International Group, Inc., 4.13%, 02/15/2024 |
$ | 6,701,000 | $ | 6,987,228 | ||||
|
Aon PLC, 3.50%, 06/14/2024 |
4,024,000 | 4,134,095 | ||||||
|
Brown & Brown, Inc., 4.20%, 09/15/2024 |
3,335,000 | 3,469,231 | ||||||
|
Chubb INA Holdings, Inc., 3.35%, 05/15/2024 |
4,697,000 | 4,847,189 | ||||||
|
CNA Financial Corp., 3.95%, 05/15/2024 |
3,705,000 | 3,826,699 | ||||||
|
Marsh & McLennan Cos., Inc., 3.50%, 06/03/2024 |
4,018,000 | 4,142,435 | ||||||
|
MetLife, Inc., 3.60%, 04/10/2024 |
6,700,000 | 6,939,848 | ||||||
|
Willis North America, Inc., 3.60%, 05/15/2024 |
4,339,000 | 4,456,016 | ||||||
|
|
|
|||||||
| 44,010,077 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.29% |
| |||||||
|
Alphabet, Inc., 3.38%, 02/25/2024(b) |
5,721,000 | 5,962,815 | ||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-2.33% |
| |||||||
|
Amazon.com, Inc. |
||||||||
|
0.45%, 05/12/2024 |
16,756,000 | 16,372,272 | ||||||
|
2.80%, 08/22/2024 |
13,407,000 | 13,729,281 | ||||||
|
3.80%, 12/05/2024 |
8,382,000 | 8,783,733 | ||||||
|
eBay, Inc., 3.45%, 08/01/2024(b) |
5,022,000 | 5,162,838 | ||||||
|
QVC, Inc., 4.85%, 04/01/2024 |
4,019,000 | 4,064,093 | ||||||
|
|
|
|||||||
| 48,112,217 | ||||||||
|
|
|
|||||||
|
IT Services-2.49% |
| |||||||
|
Fidelity National Information Services, Inc., 0.60%, 03/01/2024 |
5,004,000 | 4,860,017 | ||||||
|
Fiserv, Inc., 2.75%, 07/01/2024 |
13,496,000 | 13,651,782 | ||||||
|
Global Payments, Inc., 1.50%, 11/15/2024 |
3,402,000 | 3,326,844 | ||||||
|
International Business Machines Corp., 3.63%, 02/12/2024(b) |
13,407,000 | 13,910,717 | ||||||
|
Mastercard, Inc., 3.38%, 04/01/2024 |
6,804,000 | 7,037,355 | ||||||
|
PayPal Holdings, Inc., 2.40%, 10/01/2024(b) |
8,398,000 | 8,477,687 | ||||||
|
|
|
|||||||
| 51,264,402 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.16% |
| |||||||
|
Hasbro, Inc., 3.00%, 11/19/2024(b) |
3,332,000 | 3,394,341 | ||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-1.04% |
| |||||||
|
PerkinElmer, Inc., 0.85%, 09/15/2024 |
5,336,000 | 5,155,861 | ||||||
|
Thermo Fisher Scientific, Inc., 1.22%, 10/18/2024 |
16,755,000 | 16,400,225 | ||||||
|
|
|
|||||||
| 21,556,086 | ||||||||
|
|
|
|||||||
|
Machinery-3.97% |
| |||||||
|
Caterpillar Financial Services Corp. |
||||||||
|
0.95%, 01/10/2024(b) |
8,004,000 | 7,912,350 | ||||||
|
0.45%, 05/17/2024 |
7,332,000 | 7,126,611 | ||||||
|
0.60%, 09/13/2024(b) |
5,006,000 | 4,846,069 | ||||||
|
2.15%, 11/08/2024(b) |
6,706,000 | 6,750,163 | ||||||
|
3.25%, 12/01/2024 |
4,186,000 | 4,339,232 | ||||||
|
Caterpillar, Inc., 3.40%, 05/15/2024 |
6,700,000 | 6,919,221 | ||||||
|
CNH Industrial Capital LLC, 4.20%, 01/15/2024 |
3,339,000 | 3,454,014 | ||||||
|
Illinois Tool Works, Inc., 3.50%, 03/01/2024(b) |
4,911,000 | 5,061,196 | ||||||
| Principal Amount |
Value | |||||||
|
Machinery-(continued) |
| |||||||
|
John Deere Capital Corp. |
| |||||||
|
0.90%, 01/10/2024(b) |
$ | 3,330,000 | $ | 3,287,696 | ||||
|
0.45%, 01/17/2024(b) |
5,366,000 | 5,251,439 | ||||||
|
0.45%, 06/07/2024(b) |
4,024,000 | 3,907,483 | ||||||
|
3.35%, 06/12/2024 |
3,347,000 | 3,448,868 | ||||||
|
2.65%, 06/24/2024 |
4,021,000 | 4,090,945 | ||||||
|
0.63%, 09/10/2024(b) |
3,352,000 | 3,259,448 | ||||||
|
Parker-Hannifin Corp., 3.30%, 11/21/2024 |
3,352,000 | 3,432,621 | ||||||
|
Trane Technologies Luxembourg Finance S.A., 3.55%, 11/01/2024 |
3,354,000 | 3,469,495 | ||||||
|
Wabtec Corp., 4.40%, 03/15/2024 |
5,213,000 | 5,407,020 | ||||||
|
|
|
|||||||
| 81,963,871 | ||||||||
|
|
|
|||||||
|
Media-1.24% |
| |||||||
|
Charter Communications Operating LLC/ Charter Communications Operating Capital Corp., 4.50%, 02/01/2024 |
7,373,000 | 7,680,614 | ||||||
|
Omnicom Group, Inc./Omnicom Capital, Inc., 3.65%, 11/01/2024 |
5,026,000 | 5,205,165 | ||||||
|
Paramount Global |
||||||||
|
3.88%, 04/01/2024 |
3,199,000 | 3,331,535 | ||||||
|
3.70%, 08/15/2024 |
4,004,000 | 4,164,608 | ||||||
|
WPP Finance 2010 (United Kingdom), 3.75%, 09/19/2024 |
5,000,000 | 5,186,795 | ||||||
|
|
|
|||||||
| 25,568,717 | ||||||||
|
|
|
|||||||
|
Metals & Mining-0.25% |
| |||||||
|
Freeport-McMoRan, Inc., 4.55%, 11/14/2024(b) |
4,895,000 | 5,116,132 | ||||||
|
|
|
|||||||
|
Multiline Retail-0.34% |
| |||||||
|
Target Corp., 3.50%, 07/01/2024 |
6,680,000 | 6,959,571 | ||||||
|
|
|
|||||||
|
Multi-Utilities-0.38% |
| |||||||
|
Black Hills Corp., 1.04%, 08/23/2024(b) |
4,001,000 | 3,891,965 | ||||||
|
WEC Energy Group, Inc., 0.80%, 03/15/2024 |
4,004,000 | 3,904,739 | ||||||
|
|
|
|||||||
| 7,796,704 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-9.91% |
| |||||||
|
BP Capital Markets PLC (United Kingdom) |
| |||||||
|
3.81%, 02/10/2024(b) |
8,382,000 | 8,700,279 | ||||||
|
3.54%, 11/04/2024(b) |
5,022,000 | 5,215,875 | ||||||
|
Canadian Natural Resources Ltd. (Canada), 3.80%, 04/15/2024(b) |
3,355,000 | 3,435,479 | ||||||
|
Cheniere Corpus Christi Holdings LLC, 7.00%, 06/30/2024 |
8,339,000 | 9,028,307 | ||||||
|
Chevron Corp., 2.90%, 03/03/2024(b) |
6,669,000 | 6,814,311 | ||||||
|
Chevron USA, Inc., 3.90%, 11/15/2024 |
4,165,000 | 4,385,375 | ||||||
|
ConocoPhillips, 3.35%, 11/15/2024(b) |
2,838,000 | 2,927,370 | ||||||
|
Continental Resources, Inc., 3.80%, 06/01/2024(b) |
6,108,000 | 6,237,734 | ||||||
|
Diamondback Energy, Inc., 2.88%, 12/01/2024(b) |
6,664,000 | 6,754,048 | ||||||
|
Enbridge, Inc. (Canada), 3.50%, 06/10/2024(b) |
3,348,000 | 3,424,600 | ||||||
|
Energy Transfer L.P. |
||||||||
|
4.25%, 04/01/2024 |
3,355,000 | 3,457,272 | ||||||
|
3.90%, 05/15/2024 |
4,014,000 | 4,123,460 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
19 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
Enterprise Products Operating LLC, 3.90%, 02/15/2024 |
$ | 5,693,000 | $ | 5,897,436 | ||||
|
Equinor ASA (Norway), 3.70%, 03/01/2024 |
6,704,000 | 6,942,927 | ||||||
|
Exxon Mobil Corp. |
||||||||
|
3.18%, 03/15/2024(b) |
6,702,000 | 6,895,255 | ||||||
|
2.02%, 08/16/2024 |
6,706,000 | 6,732,710 | ||||||
|
Kinder Morgan Energy Partners L.P. |
||||||||
|
4.15%, 02/01/2024 |
4,319,000 | 4,463,436 | ||||||
|
4.30%, 05/01/2024(b) |
4,021,000 | 4,179,157 | ||||||
|
4.25%, 09/01/2024 |
4,360,000 | 4,538,162 | ||||||
|
Marathon Petroleum Corp., 3.63%, 09/15/2024 |
5,024,000 | 5,161,849 | ||||||
|
MPLX L.P., 4.88%, 12/01/2024 |
7,698,000 | 8,169,937 | ||||||
|
Ovintiv Exploration, Inc., 5.63%, 07/01/2024(b) |
6,704,000 | 7,178,409 | ||||||
|
Phillips 66, 0.90%, 02/15/2024 |
5,365,000 | 5,276,893 | ||||||
|
Plains All American Pipeline L.P./PAA Finance Corp., 3.60%, 11/01/2024 |
5,022,000 | 5,154,217 | ||||||
|
Sabine Pass Liquefaction LLC, 5.75%, 05/15/2024 |
13,440,000 | 14,315,968 | ||||||
|
Shell International Finance B.V. (Netherlands), 2.00%, 11/07/2024(b) |
8,374,000 | 8,407,548 | ||||||
|
Spectra Energy Partners L.P., 4.75%, 03/15/2024 |
6,673,000 | 6,982,752 | ||||||
|
TotalEnergies Capital International S.A. (France) |
||||||||
|
3.70%, 01/15/2024 |
6,664,000 | 6,908,883 | ||||||
|
3.75%, 04/10/2024 |
8,512,000 | 8,845,359 | ||||||
|
TransCanada PipeLines Ltd. (Canada), 1.00%, 10/12/2024 |
8,376,000 | 8,124,732 | ||||||
|
Williams Cos., Inc. (The) |
||||||||
|
4.30%, 03/04/2024 |
6,707,000 | 6,962,722 | ||||||
|
4.55%, 06/24/2024 |
8,331,000 | 8,734,603 | ||||||
|
|
|
|||||||
| 204,377,065 | ||||||||
|
|
|
|||||||
|
Paper & Forest Products-0.18% |
| |||||||
|
Georgia-Pacific LLC, 8.00%, 01/15/2024 |
3,347,000 | 3,721,791 | ||||||
|
|
|
|||||||
|
Personal Products-0.84% |
| |||||||
|
Estee Lauder Cos., Inc. (The), 2.00%, 12/01/2024 |
3,352,000 | 3,370,012 | ||||||
|
Unilever Capital Corp. (United Kingdom) |
||||||||
|
3.25%, 03/07/2024(b) |
3,400,000 | 3,488,587 | ||||||
|
2.60%, 05/05/2024 |
6,703,000 | 6,792,343 | ||||||
|
0.63%, 08/12/2024 |
3,700,000 | 3,582,200 | ||||||
|
|
|
|||||||
| 17,233,142 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-1.97% |
| |||||||
|
Astrazeneca Finance LLC (United Kingdom), 0.70%, 05/28/2024 |
10,722,000 | 10,462,799 | ||||||
|
Novartis Capital Corp. (Switzerland), 3.40%, 05/06/2024 |
14,409,000 | 14,916,681 | ||||||
|
Perrigo Finance Unlimited Co., 3.90%, 12/15/2024(b) |
4,600,000 | 4,596,414 | ||||||
|
Pfizer, Inc., 3.40%, 05/15/2024 |
6,702,000 | 6,948,104 | ||||||
|
Wyeth LLC, 6.45%, 02/01/2024 |
3,350,000 | 3,641,641 | ||||||
|
|
|
|||||||
| 40,565,639 | ||||||||
|
|
|
|||||||
|
Professional Services-0.25% |
| |||||||
|
Equifax, Inc., 2.60%, 12/01/2024 |
5,096,000 | 5,143,341 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Road & Rail-1.07% |
| |||||||
|
Burlington Northern Santa Fe LLC |
||||||||
|
3.75%, 04/01/2024 |
$ | 3,405,000 | $ | 3,525,429 | ||||
|
3.40%, 09/01/2024(b) |
4,692,000 | 4,836,890 | ||||||
|
Canadian Pacific Railway Co. (Canada), 1.35%, 12/02/2024 |
10,052,000 | 9,822,900 | ||||||
|
CSX Corp., 3.40%, 08/01/2024 |
3,703,000 | 3,821,407 | ||||||
|
|
|
|||||||
| 22,006,626 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-2.88% |
| |||||||
|
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.63%, 01/15/2024 |
6,613,000 | 6,788,840 | ||||||
|
Intel Corp., 2.88%, 05/11/2024 |
8,604,000 | 8,815,815 | ||||||
|
KLA Corp., 4.65%, 11/01/2024 |
8,505,000 | 8,989,181 | ||||||
|
Microchip Technology, Inc., 0.97%, 02/15/2024(b) |
9,404,000 | 9,175,055 | ||||||
|
NVIDIA Corp., 0.58%, 06/14/2024(b) |
8,401,000 | 8,186,369 | ||||||
|
Qorvo, Inc., 4.38%, 10/15/2029(b) |
5,803,000 | 5,877,801 | ||||||
|
QUALCOMM, Inc., 2.90%, 05/20/2024(b) |
6,130,000 | 6,270,713 | ||||||
|
Xilinx, Inc., 2.95%, 06/01/2024 |
5,098,000 | 5,194,353 | ||||||
|
|
|
|||||||
| 59,298,127 | ||||||||
|
|
|
|||||||
|
Software-2.78% |
| |||||||
|
Microsoft Corp., 2.88%, 02/06/2024 |
15,077,000 | 15,457,829 | ||||||
|
Oracle Corp. |
||||||||
|
3.40%, 07/08/2024 |
13,407,000 | 13,733,712 | ||||||
|
2.95%, 11/15/2024(b) |
13,408,000 | 13,608,603 | ||||||
|
salesforce.com, inc., 0.63%, 07/15/2024(b) |
6,700,000 | 6,523,308 | ||||||
|
VMware, Inc., 1.00%, 08/15/2024 |
8,336,000 | 8,106,868 | ||||||
|
|
|
|||||||
| 57,430,320 | ||||||||
|
|
|
|||||||
|
Specialty Retail-0.73% |
| |||||||
|
Dell International LLC/EMC Corp., 4.00%, 07/15/2024(b) |
7,106,000 | 7,383,268 | ||||||
|
Home Depot, Inc. (The), 3.75%, 02/15/2024 |
7,375,000 | 7,601,463 | ||||||
|
|
|
|||||||
| 14,984,731 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-2.57% |
| |||||||
|
Apple, Inc. |
|
|||||||
|
3.00%, 02/09/2024 |
11,805,000 | 12,103,008 | ||||||
|
3.45%, 05/06/2024 |
16,704,000 | 17,314,782 | ||||||
|
2.85%, 05/11/2024(b) |
11,730,000 | 12,002,175 | ||||||
|
1.80%, 09/11/2024 |
5,023,000 | 5,026,888 | ||||||
|
Hewlett Packard Enterprise Co., 1.45%, 04/01/2024 |
6,701,000 | 6,607,030 | ||||||
|
|
|
|||||||
| 53,053,883 | ||||||||
|
|
|
|||||||
|
Tobacco-0.84% |
| |||||||
|
Altria Group, Inc., 4.00%, 01/31/2024 |
5,204,000 | 5,397,276 | ||||||
|
BAT Capital Corp. (United Kingdom), 2.79%, 09/06/2024 |
6,702,000 | 6,752,950 | ||||||
|
Philip Morris International, Inc., 3.25%, 11/10/2024(b) |
5,030,000 | 5,197,458 | ||||||
|
|
|
|||||||
| 17,347,684 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
20 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Trading Companies & Distributors-0.59% |
| |||||||
|
Air Lease Corp. |
||||||||
|
0.70%, 02/15/2024 |
$ | 5,013,000 | $ | 4,863,098 | ||||
|
0.80%, 08/18/2024(b) |
4,024,000 | 3,873,533 | ||||||
|
4.25%, 09/15/2024 |
3,330,000 | 3,455,984 | ||||||
|
|
|
|||||||
| 12,192,615 | ||||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-0.26% |
| |||||||
|
Vodafone Group PLC (United Kingdom), 3.75%, 01/16/2024(b) |
5,210,000 | 5,396,047 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
2,036,189,635 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.47% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
9,758,059 | 9,758,059 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
2,045,947,694 | ||||||
|
|
|
|||||||
| Shares | Value | |||||||
|
Investments Purchased with Cash |
| |||||||
|
Money Market Funds-3.27% |
| |||||||
|
Invesco Private Government Fund, |
20,225,436 | $ | 20,225,436 | |||||
|
Invesco Private Prime Fund, |
47,187,965 | 47,192,684 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
67,418,120 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-102.47% |
|
2,113,365,814 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(2.47)% |
|
(50,961,243 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 2,062,404,571 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 6,928,004 | $ | 100,556,684 | $ | (97,726,629 | ) | $ - | $ - | $ | 9,758,059 | $ | 1,269 | ||||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
20,082,627 | 45,608,025 | (45,465,216 | ) | - | - | 20,225,436 | 2,648 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
47,151,947 | 66,707,117 | (66,652,743 | ) | (5,365 | ) | (8,272 | ) | 47,192,684 | 23,828 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 74,162,578 | $ | 212,871,826 | $ | (209,844,588 | ) | $(5,365 | ) | $(8,272 | ) | $ | 77,176,179 | $ | 27,745 | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
21 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
30.68 | |||
|
Information Technology |
11.85 | |||
|
Health Care |
11.60 | |||
|
Energy |
10.12 | |||
|
Consumer Discretionary |
8.69 | |||
|
Industrials |
8.50 | |||
|
Consumer Staples |
6.27 | |||
|
Communication Services |
4.52 | |||
|
Utilities |
3.02 | |||
|
Sector Types Each Less Than 3% |
3.48 | |||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.27 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
22 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal | ||||||||
| Amount | Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.53% |
| |||||||
|
Aerospace & Defense-2.89% |
| |||||||
|
Boeing Co. (The), 4.88%, 05/01/2025 |
$ | 10,556,000 | $ | 11,235,280 | ||||
|
General Dynamics Corp. |
||||||||
|
3.25%, 04/01/2025(b) |
2,256,000 | 2,330,793 | ||||||
|
3.50%, 05/15/2025 |
2,250,000 | 2,330,697 | ||||||
|
Howmet Aerospace, Inc., 6.88%, 05/01/2025 |
1,878,000 | 2,070,678 | ||||||
|
L3Harris Technologies, Inc., 3.83%, 04/27/2025 |
1,799,000 | 1,876,694 | ||||||
|
Lockheed Martin Corp., 2.90%, 03/01/2025 |
2,260,000 | 2,315,538 | ||||||
|
Northrop Grumman Corp., 2.93%, 01/15/2025(b) |
4,569,000 | 4,663,337 | ||||||
|
Precision Castparts Corp., 3.25%, 06/15/2025 |
2,558,000 | 2,653,329 | ||||||
|
Raytheon Technologies Corp., 3.95%, 08/16/2025 |
4,517,000 | 4,766,131 | ||||||
|
|
|
|||||||
| 34,242,477 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.29% |
| |||||||
|
United Parcel Service, Inc., 3.90%, 04/01/2025 |
3,246,000 | 3,419,406 | ||||||
|
|
|
|||||||
|
Airlines-0.43% |
| |||||||
|
Southwest Airlines Co., 5.25%, 05/04/2025 |
4,737,000 | 5,113,352 | ||||||
|
|
|
|||||||
|
Auto Components-0.31% |
| |||||||
|
BorgWarner, Inc., 3.38%, 03/15/2025(b) |
1,459,000 | 1,500,207 | ||||||
|
Magna International, Inc. (Canada), 4.15%, 10/01/2025 |
2,053,000 | 2,178,938 | ||||||
|
|
|
|||||||
| 3,679,145 | ||||||||
|
|
|
|||||||
|
Automobiles-3.95% |
| |||||||
|
American Honda Finance Corp. |
||||||||
|
1.50%, 01/13/2025(b) |
2,100,000 | 2,062,645 | ||||||
|
1.20%, 07/08/2025 |
2,252,000 | 2,184,604 | ||||||
|
1.00%, 09/10/2025(b) |
2,258,000 | 2,166,678 | ||||||
|
General Motors Co. |
||||||||
|
4.00%, 04/01/2025(b) |
1,551,000 | 1,611,381 | ||||||
|
6.13%, 10/01/2025 |
6,005,000 | 6,653,362 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
4.00%, 01/15/2025 |
3,014,000 | 3,123,904 | ||||||
|
2.90%, 02/26/2025 |
3,702,000 | 3,727,397 | ||||||
|
4.35%, 04/09/2025 |
3,007,000 | 3,152,271 | ||||||
|
2.75%, 06/20/2025 |
3,753,000 | 3,756,533 | ||||||
|
4.30%, 07/13/2025 |
2,408,000 | 2,512,345 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
1.45%, 01/13/2025(b) |
3,500,000 | 3,448,432 | ||||||
|
1.80%, 02/13/2025 |
4,124,000 | 4,099,400 | ||||||
|
3.00%, 04/01/2025 |
3,760,000 | 3,854,177 | ||||||
|
3.40%, 04/14/2025 |
1,502,000 | 1,560,233 | ||||||
|
0.80%, 10/16/2025 |
2,998,000 | 2,885,103 | ||||||
|
|
|
|||||||
| 46,798,465 | ||||||||
|
|
|
|||||||
|
Banks-14.13% |
| |||||||
|
Banco Santander S.A. (Spain), 2.75%, 05/28/2025 |
4,600,000 | 4,610,996 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Banks-(continued) |
| |||||||
|
Bank of America Corp. |
||||||||
|
4.00%, 01/22/2025 |
$ | 7,652,000 | $ | 7,957,990 | ||||
|
3.88%, 08/01/2025 |
5,379,000 | 5,637,086 | ||||||
|
Series L, 3.95%, 04/21/2025 |
7,529,000 | 7,856,331 | ||||||
|
Citigroup, Inc. |
||||||||
|
3.88%, 03/26/2025 |
3,008,000 | 3,114,644 | ||||||
|
3.30%, 04/27/2025 |
4,563,000 | 4,678,069 | ||||||
|
4.40%, 06/10/2025 |
7,527,000 | 7,908,722 | ||||||
|
5.50%, 09/13/2025 |
4,257,000 | 4,647,403 | ||||||
|
Citizens Bank N.A., 2.25%, 04/28/2025 |
2,350,000 | 2,345,247 | ||||||
|
Cooperatieve Rabobank U.A. (Netherlands) |
||||||||
|
1.38%, 01/10/2025(b) |
3,010,000 | 2,964,534 | ||||||
|
4.38%, 08/04/2025 |
4,550,000 | 4,775,491 | ||||||
|
Fifth Third Bancorp, 2.38%, 01/28/2025 |
2,334,000 | 2,341,448 | ||||||
|
Fifth Third Bank N.A., 3.95%, 07/28/2025 |
2,200,000 | 2,334,923 | ||||||
|
HSBC Holdings PLC (United Kingdom), 4.25%, 08/18/2025 |
4,410,000 | 4,589,161 | ||||||
|
Huntington Bancshares, Inc., 4.00%, 05/15/2025 |
1,483,000 | 1,553,086 | ||||||
|
JPMorgan Chase & Co. |
||||||||
|
3.13%, 01/23/2025 |
7,529,000 | 7,701,725 | ||||||
|
3.90%, 07/15/2025 |
7,594,000 | 7,955,022 | ||||||
|
KeyBank N.A., 3.30%, 06/01/2025 |
2,250,000 | 2,328,027 | ||||||
|
Lloyds Banking Group PLC (United Kingdom), 4.58%, 12/10/2025 |
4,000,000 | 4,209,136 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
2.19%, 02/25/2025 |
7,800,000 | 7,745,584 | ||||||
|
3.78%, 03/02/2025(b) |
2,226,000 | 2,318,162 | ||||||
|
1.41%, 07/17/2025 |
5,300,000 | 5,121,145 | ||||||
|
PNC Bank N.A., 3.25%, 06/01/2025 |
3,265,000 | 3,381,396 | ||||||
|
Regions Financial Corp., 2.25%, 05/18/2025(b) |
2,256,000 | 2,257,688 | ||||||
|
Santander Holdings USA, Inc. |
||||||||
|
3.45%, 06/02/2025 |
2,998,000 | 3,051,435 | ||||||
|
4.50%, 07/17/2025 |
3,315,000 | 3,484,578 | ||||||
|
Sumitomo Mitsui Banking Corp. (Japan), 3.65%, 07/23/2025 |
1,350,000 | 1,403,021 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
||||||||
|
2.35%, 01/15/2025 |
3,800,000 | 3,792,390 | ||||||
|
1.47%, 07/08/2025 |
6,900,000 | 6,659,602 | ||||||
|
Truist Bank |
||||||||
|
1.50%, 03/10/2025 |
3,850,000 | 3,789,170 | ||||||
|
3.63%, 09/16/2025 |
3,800,000 | 3,961,694 | ||||||
|
Truist Financial Corp. |
||||||||
|
4.00%, 05/01/2025(b) |
2,553,000 | 2,681,983 | ||||||
|
3.70%, 06/05/2025 |
2,997,000 | 3,128,039 | ||||||
|
1.20%, 08/05/2025(b) |
2,256,000 | 2,176,417 | ||||||
|
U.S. Bank N.A., 2.05%, 01/21/2025 |
2,900,000 | 2,906,641 | ||||||
|
US Bancorp, 1.45%, 05/12/2025 |
4,504,000 | 4,410,158 | ||||||
|
Wells Fargo & Co. |
||||||||
|
3.00%, 02/19/2025 |
7,586,000 | 7,744,043 | ||||||
|
3.55%, 09/29/2025 |
7,499,000 | 7,767,883 | ||||||
|
|
|
|||||||
| 167,290,070 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
23 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Beverages-1.14% |
| |||||||
|
Diageo Capital PLC (United Kingdom), 1.38%, 09/29/2025(b) |
$ | 2,200,000 | $ | 2,130,635 | ||||
|
Keurig Dr Pepper, Inc., 3.40%, 11/15/2025 |
1,499,000 | 1,548,361 | ||||||
|
PepsiCo, Inc. |
||||||||
|
2.25%, 03/19/2025 |
4,502,000 | 4,533,916 | ||||||
|
2.75%, 04/30/2025(b) |
3,002,000 | 3,068,027 | ||||||
|
3.50%, 07/17/2025 |
2,106,000 | 2,186,693 | ||||||
|
|
|
|||||||
| 13,467,632 | ||||||||
|
|
|
|||||||
|
Biotechnology-2.52% |
| |||||||
|
AbbVie, Inc., 3.60%, 05/14/2025 |
11,248,000 | 11,633,193 | ||||||
|
Amgen, Inc. |
||||||||
|
1.90%, 02/21/2025 |
1,499,000 | 1,496,184 | ||||||
|
3.13%, 05/01/2025(b) |
3,148,000 | 3,228,480 | ||||||
|
Baxalta, Inc., 4.00%, 06/23/2025 |
2,415,000 | 2,534,688 | ||||||
|
Biogen, Inc., 4.05%, 09/15/2025 |
5,253,000 | 5,494,242 | ||||||
|
Gilead Sciences, Inc., 3.50%, 02/01/2025 . |
5,253,000 | 5,443,620 | ||||||
|
|
|
|||||||
| 29,830,407 | ||||||||
|
|
|
|||||||
|
Building Products-0.13% |
| |||||||
|
Fortune Brands Home & Security, Inc., 4.00%, 06/15/2025 |
1,504,000 | 1,576,660 | ||||||
|
|
|
|||||||
|
Capital Markets-8.09% |
| |||||||
|
Ameriprise Financial, Inc., 3.00%, 04/02/2025 |
1,609,000 | 1,640,517 | ||||||
|
Ares Capital Corp. |
||||||||
|
4.25%, 03/01/2025 |
1,801,000 | 1,844,900 | ||||||
|
3.25%, 07/15/2025 |
3,791,000 | 3,759,222 | ||||||
|
Bank of New York Mellon Corp. (The) |
||||||||
|
1.60%, 04/24/2025 |
3,768,000 | 3,715,182 | ||||||
|
Series G, 3.00%, 02/24/2025 |
2,247,000 | 2,309,456 | ||||||
|
Brookfield Asset Management, Inc. (Canada), 4.00%, 01/15/2025(b) |
1,509,000 | 1,574,697 | ||||||
|
Charles Schwab Corp. (The) |
||||||||
|
4.20%, 03/24/2025 |
1,775,000 | 1,886,179 | ||||||
|
3.85%, 05/21/2025 |
2,259,000 | 2,376,638 | ||||||
|
CME Group, Inc., 3.00%, 03/15/2025 |
2,252,000 | 2,313,361 | ||||||
|
Credit Suisse AG (Switzerland), 2.95%, 04/09/2025 |
4,400,000 | 4,462,012 | ||||||
|
Deutsche Bank AG (Germany), 4.50%, 04/01/2025(b) |
4,600,000 | 4,735,246 | ||||||
|
Goldman Sachs Group, Inc. (The) |
||||||||
|
3.50%, 01/23/2025 |
7,504,000 | 7,723,347 | ||||||
|
3.50%, 04/01/2025 |
10,629,000 | 10,938,212 | ||||||
|
3.75%, 05/22/2025(b) |
6,751,000 | 6,991,465 | ||||||
|
4.25%, 10/21/2025 |
6,025,000 | 6,335,956 | ||||||
|
Moody’s Corp., 3.75%, 03/24/2025 |
2,135,000 | 2,230,291 | ||||||
|
Morgan Stanley |
||||||||
|
4.00%, 07/23/2025 |
9,004,000 | 9,443,493 | ||||||
|
5.00%, 11/24/2025 |
6,028,000 | 6,502,187 | ||||||
|
Nomura Holdings, Inc. (Japan), 1.85%, 07/16/2025 |
4,800,000 | 4,675,873 | ||||||
|
Northern Trust Corp., 3.95%, 10/30/2025 |
2,255,000 | 2,384,871 | ||||||
|
Owl Rock Capital Corp., 3.75%, 07/22/2025 |
1,479,000 | 1,459,950 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Capital Markets-(continued) |
| |||||||
|
S&P Global, Inc., 4.00%, 06/15/2025 |
$ | 2,101,000 | $ | 2,215,930 | ||||
|
State Street Corp., 3.55%, 08/18/2025 |
4,081,000 | 4,270,975 | ||||||
|
|
|
|||||||
| 95,789,960 | ||||||||
|
|
|
|||||||
|
Chemicals-0.55% |
| |||||||
|
Air Products and Chemicals, Inc., 1.50%, 10/15/2025 |
1,649,000 | 1,616,796 | ||||||
|
Eastman Chemical Co., 3.80%, 03/15/2025 |
2,105,000 | 2,181,186 | ||||||
|
EI du Pont de Nemours and Co., 1.70%, 07/15/2025 |
1,500,000 | 1,471,655 | ||||||
|
LYB International Finance III LLC, 1.25%, 10/01/2025 |
1,325,000 | 1,267,628 | ||||||
|
|
|
|||||||
| 6,537,265 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.37% |
| |||||||
|
Republic Services, Inc., 3.20%, 03/15/2025 |
1,507,000 | 1,541,730 | ||||||
|
Waste Management, Inc. |
||||||||
|
3.13%, 03/01/2025(b) |
1,340,000 | 1,379,654 | ||||||
|
0.75%, 11/15/2025 |
1,500,000 | 1,420,616 | ||||||
|
|
|
|||||||
| 4,342,000 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.13% |
| |||||||
|
Cisco Systems, Inc., 3.50%, 06/15/2025 |
1,504,000 | 1,577,578 | ||||||
|
|
|
|||||||
|
Consumer Finance-1.80% |
| |||||||
|
Ally Financial, Inc. |
||||||||
|
4.63%, 03/30/2025(b) |
1,499,000 | 1,577,283 | ||||||
|
5.80%, 05/01/2025(b) |
2,172,000 | 2,353,300 | ||||||
|
5.75%, 11/20/2025 |
2,244,000 | 2,392,592 | ||||||
|
Capital One Financial Corp. |
||||||||
|
3.20%, 02/05/2025 |
3,042,000 | 3,110,277 | ||||||
|
4.25%, 04/30/2025 |
2,293,000 | 2,415,309 | ||||||
|
4.20%, 10/29/2025(b) |
4,550,000 | 4,779,114 | ||||||
|
Discover Financial Services, 3.75%, 03/04/2025 |
1,507,000 | 1,563,519 | ||||||
|
Synchrony Financial, 4.50%, 07/23/2025 |
3,011,000 | 3,164,742 | ||||||
|
|
|
|||||||
| 21,356,136 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.16% |
| |||||||
|
WRKCo, Inc., 3.75%, 03/15/2025 |
1,810,000 | 1,884,790 | ||||||
|
|
|
|||||||
|
Distributors-0.13% |
| |||||||
|
Genuine Parts Co., 1.75%, 02/01/2025 |
1,500,000 | 1,476,773 | ||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.12% |
| |||||||
|
Yale University, Series 2020, 0.87%, 04/15/2025 |
1,508,000 | 1,462,310 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-0.85% |
| |||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
||||||||
|
3.50%, 01/15/2025 |
2,352,000 | 2,389,493 | ||||||
|
6.50%, 07/15/2025 |
3,761,000 | 4,148,577 | ||||||
|
4.45%, 10/01/2025 |
1,953,000 | 2,031,172 | ||||||
|
National Rural Utilities Cooperative Finance Corp., 2.85%, 01/27/2025 |
1,505,000 | 1,529,263 | ||||||
|
|
|
|||||||
| 10,098,505 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-1.45% |
| |||||||
|
AT&T, Inc. |
||||||||
|
3.95%, 01/15/2025 |
1,640,000 | 1,719,862 | ||||||
|
3.40%, 05/15/2025 |
6,890,000 | 7,130,096 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
24 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Diversified Telecommunication Services-(continued) |
| |||||||
|
Verizon Communications, Inc. |
||||||||
|
3.38%, 02/15/2025 |
$ | 4,044,000 | $ | 4,183,002 | ||||
|
0.85%, 11/20/2025 |
4,340,000 | 4,133,967 | ||||||
|
|
|
|||||||
| 17,166,927 | ||||||||
|
|
|
|||||||
|
Electric Utilities-2.55% |
| |||||||
|
Avangrid, Inc., 3.20%, 04/15/2025 |
2,256,000 | 2,308,999 | ||||||
|
Berkshire Hathaway Energy Co., 4.05%, 04/15/2025 |
3,740,000 | 3,949,729 | ||||||
|
Constellation Energy Generation LLC, 3.25%, 06/01/2025 |
2,704,000 | 2,764,221 | ||||||
|
Duke Energy Corp., 0.90%, 09/15/2025 |
1,955,000 | 1,858,054 | ||||||
|
Duke Energy Progress LLC, 3.25%, 08/15/2025(b) |
1,481,000 | 1,535,785 | ||||||
|
Entergy Corp., 0.90%, 09/15/2025 |
2,405,000 | 2,279,798 | ||||||
|
Exelon Corp., 3.95%, 06/15/2025 |
2,450,000 | 2,553,598 | ||||||
|
Florida Power & Light Co. |
||||||||
|
2.85%, 04/01/2025 |
3,258,000 | 3,329,489 | ||||||
|
3.13%, 12/01/2025(b) |
2,147,000 | 2,213,957 | ||||||
|
Pacific Gas and Electric Co., 3.45%, 07/01/2025 |
2,624,000 | 2,652,701 | ||||||
|
Pinnacle West Capital Corp., 1.30%, 06/15/2025(b) |
1,380,000 | 1,326,219 | ||||||
|
Southern Power Co., 4.15%, 12/01/2025 |
1,373,000 | 1,460,455 | ||||||
|
Xcel Energy, Inc., 3.30%, 06/01/2025(b) |
1,904,000 | 1,948,503 | ||||||
|
|
|
|||||||
| 30,181,508 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.13% |
| |||||||
|
Emerson Electric Co., 3.15%, 06/01/2025 |
1,498,000 | 1,547,554 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.36% |
| |||||||
|
Halliburton Co., 3.80%, 11/15/2025(b) |
2,652,000 | 2,779,408 | ||||||
|
Schlumberger Finance Canada Ltd., 1.40%, 09/17/2025 |
1,480,000 | 1,438,908 | ||||||
|
|
|
|||||||
| 4,218,316 | ||||||||
|
|
|
|||||||
|
Entertainment-0.88% |
| |||||||
|
Netflix, Inc., 5.88%, 02/15/2025 |
2,406,000 | 2,616,405 | ||||||
|
TWDC Enterprises 18 Corp., 3.15%, 09/17/2025 |
2,254,000 | 2,320,787 | ||||||
|
Walt Disney Co. (The), 3.35%, 03/24/2025(b) |
5,311,000 | 5,519,827 | ||||||
|
|
|
|||||||
| 10,457,019 | ||||||||
|
|
|
|||||||
|
Equity REITs-3.45% |
| |||||||
|
Alexandria Real Estate Equities, Inc., 3.45%, 04/30/2025(b) |
1,811,000 | 1,876,712 | ||||||
|
American Tower Corp. |
||||||||
|
2.40%, 03/15/2025 |
2,260,000 | 2,255,420 | ||||||
|
4.00%, 06/01/2025 |
2,281,000 | 2,378,011 | ||||||
|
1.30%, 09/15/2025(b) |
1,448,000 | 1,387,783 | ||||||
|
AvalonBay Communities, Inc., 3.45%, 06/01/2025 |
1,584,000 | 1,638,346 | ||||||
|
Boston Properties L.P., 3.20%, 01/15/2025 |
2,551,000 | 2,610,725 | ||||||
|
Brixmor Operating Partnership L.P., 3.85%, 02/01/2025 |
2,098,000 | 2,180,619 | ||||||
|
Crown Castle International Corp., 1.35%, 07/15/2025 |
1,508,000 | 1,448,510 | ||||||
|
Equinix, Inc., 1.00%, 09/15/2025(b) |
2,097,000 | 1,988,753 | ||||||
|
Essex Portfolio L.P., 3.50%, 04/01/2025 |
1,508,000 | 1,557,290 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Equity REITs-(continued) |
| |||||||
|
GLP Capital L.P./GLP Financing II, Inc., 5.25%, 06/01/2025 |
$ | 2,524,000 | $ | 2,662,492 | ||||
|
Healthpeak Properties, Inc., 4.00%, 06/01/2025(b) |
1,803,000 | 1,890,151 | ||||||
|
Host Hotels & Resorts L.P., Series E, 4.00%, 06/15/2025 |
1,478,000 | 1,535,410 | ||||||
|
Kimco Realty Corp., 3.30%, 02/01/2025 |
1,482,000 | 1,520,456 | ||||||
|
Realty Income Corp. |
||||||||
|
3.88%, 04/15/2025 |
1,507,000 | 1,575,175 | ||||||
|
4.63%, 11/01/2025(b) |
1,617,000 | 1,739,235 | ||||||
|
Simon Property Group L.P., 3.50%, 09/01/2025 |
3,303,000 | 3,414,894 | ||||||
|
SITE Centers Corp., 3.63%, 02/01/2025 |
1,369,000 | 1,405,247 | ||||||
|
Ventas Realty L.P., 3.50%, 02/01/2025 |
1,781,000 | 1,837,694 | ||||||
|
Welltower, Inc., 4.00%, 06/01/2025 |
3,763,000 | 3,943,037 | ||||||
|
|
|
|||||||
| 40,845,960 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-0.54% |
| |||||||
|
Sysco Corp., 3.75%, 10/01/2025 |
2,255,000 | 2,358,556 | ||||||
|
Walmart, Inc., 3.55%, 06/26/2025(b) |
3,800,000 | 3,995,996 | ||||||
|
|
|
|||||||
| 6,354,552 | ||||||||
|
|
|
|||||||
|
Food Products-1.27% |
| |||||||
|
Bunge Ltd. Finance Corp., 1.63%, 08/17/2025 |
1,935,000 | 1,880,998 | ||||||
|
Campbell Soup Co., 3.95%, 03/15/2025 |
2,548,000 | 2,657,310 | ||||||
|
General Mills, Inc., 4.00%, 04/17/2025(b) |
2,696,000 | 2,825,298 | ||||||
|
JM Smucker Co. (The), 3.50%, 03/15/2025 |
3,010,000 | 3,118,620 | ||||||
|
Mead Johnson Nutrition Co. (United Kingdom), 4.13%, 11/15/2025 |
2,259,000 | 2,384,151 | ||||||
|
Mondelez International, Inc., 1.50%, 05/04/2025 |
2,255,000 | 2,198,374 | ||||||
|
|
|
|||||||
| 15,064,751 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-1.59% |
| |||||||
|
Abbott Laboratories, 2.95%, 03/15/2025 . |
2,956,000 | 3,031,964 | ||||||
|
Boston Scientific Corp. |
||||||||
|
3.85%, 05/15/2025 |
1,573,000 | 1,643,468 | ||||||
|
1.90%, 06/01/2025(b) |
1,413,000 | 1,390,892 | ||||||
|
Medtronic, Inc., 3.50%, 03/15/2025(b) |
5,672,000 | 5,916,857 | ||||||
|
Stryker Corp. |
||||||||
|
1.15%, 06/15/2025(b) |
1,891,000 | 1,824,909 | ||||||
|
3.38%, 11/01/2025 |
2,262,000 | 2,338,011 | ||||||
|
Zimmer Biomet Holdings, Inc., 3.55%, 04/01/2025 |
2,639,000 | 2,716,840 | ||||||
|
|
|
|||||||
| 18,862,941 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-4.65% |
| |||||||
|
AmerisourceBergen Corp., 3.25%, 03/01/2025 |
1,480,000 | 1,519,789 | ||||||
|
Anthem, Inc., 2.38%, 01/15/2025(b) |
3,766,000 | 3,786,565 | ||||||
|
Cardinal Health, Inc., 3.75%, 09/15/2025 |
1,482,000 | 1,541,048 | ||||||
|
Cigna Corp. |
||||||||
|
3.25%, 04/15/2025 |
2,088,000 | 2,134,291 | ||||||
|
4.13%, 11/15/2025 |
6,627,000 | 6,992,165 | ||||||
|
CVS Health Corp. |
||||||||
|
4.10%, 03/25/2025 |
2,858,000 | 2,996,450 | ||||||
|
3.88%, 07/20/2025 |
8,516,000 | 8,914,468 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
25 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Health Care Providers & Services-(continued) |
| |||||||
|
HCA, Inc. |
||||||||
|
5.38%, 02/01/2025 |
$ | 7,610,000 | $ | 8,067,589 | ||||
|
5.25%, 04/15/2025 |
4,220,000 | 4,536,123 | ||||||
|
Humana, Inc., 4.50%, 04/01/2025 |
1,810,000 | 1,923,566 | ||||||
|
Laboratory Corp. of America Holdings, 3.60%, 02/01/2025 |
2,999,000 | 3,087,361 | ||||||
|
McKesson Corp., 0.90%, 12/03/2025 |
1,500,000 | 1,421,992 | ||||||
|
Quest Diagnostics, Inc., 3.50%, 03/30/2025 |
1,802,000 | 1,858,622 | ||||||
|
UnitedHealth Group, Inc., 3.75%, 07/15/2025 |
6,005,000 | 6,305,438 | ||||||
|
|
|
|||||||
| 55,085,467 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-1.31% |
| |||||||
|
Booking Holdings, Inc., 3.65%, 03/15/2025 |
1,585,000 | 1,654,569 | ||||||
|
Las Vegas Sands Corp., 2.90%, 06/25/2025 |
1,507,000 | 1,458,563 | ||||||
|
Marriott International, Inc., Series EE, 5.75%, 05/01/2025(b) |
2,274,000 | 2,487,357 | ||||||
|
McDonald’s Corp. |
| |||||||
|
3.38%, 05/26/2025(b) |
2,107,000 | 2,185,825 | ||||||
|
3.30%, 07/01/2025 |
2,254,000 | 2,321,854 | ||||||
|
1.45%, 09/01/2025(b) |
1,500,000 | 1,465,569 | ||||||
|
Starbucks Corp., 3.80%, 08/15/2025(b) |
3,767,000 | 3,950,819 | ||||||
|
|
|
|||||||
| 15,524,556 | ||||||||
|
|
|
|||||||
|
Household Durables-0.26% |
| |||||||
|
DR Horton, Inc., 2.60%, 10/15/2025 |
1,521,000 | 1,525,981 | ||||||
|
Lennar Corp., 4.75%, 05/30/2025 |
1,502,000 | 1,590,282 | ||||||
|
|
|
|||||||
| 3,116,263 | ||||||||
|
|
|
|||||||
|
Household Products-0.23% |
| |||||||
|
Procter & Gamble Co. (The), 0.55%, 10/29/2025 |
2,848,000 | 2,713,709 | ||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.95% |
| |||||||
|
3M Co. |
||||||||
|
2.00%, 02/14/2025(b) |
2,220,000 | 2,215,687 | ||||||
|
2.65%, 04/15/2025 |
1,522,000 | 1,547,845 | ||||||
|
3.00%, 08/07/2025 |
1,651,000 | 1,690,658 | ||||||
|
Honeywell International, Inc., 1.35%, 06/01/2025(b) |
3,920,000 | 3,838,161 | ||||||
|
Roper Technologies, Inc., 1.00%, 09/15/2025 |
2,105,000 | 2,004,973 | ||||||
|
|
|
|||||||
| 11,297,324 | ||||||||
|
|
|
|||||||
|
Insurance-1.79% |
| |||||||
|
Allstate Corp. (The), 0.75%, 12/15/2025 |
1,800,000 | 1,697,037 | ||||||
|
American International Group, Inc. |
||||||||
|
2.50%, 06/30/2025 |
4,518,000 | 4,543,536 | ||||||
|
3.75%, 07/10/2025(b) |
3,752,000 | 3,907,691 | ||||||
|
Aon PLC, 3.88%, 12/15/2025 |
2,221,000 | 2,322,702 | ||||||
|
Chubb INA Holdings, Inc., 3.15%, 03/15/2025 |
2,410,000 | 2,483,516 | ||||||
|
CNO Financial Group, Inc., 5.25%, 05/30/2025 |
1,496,000 | 1,603,252 | ||||||
|
Marsh & McLennan Cos., Inc., 3.50%, 03/10/2025 |
1,503,000 | 1,558,651 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Insurance-(continued) |
| |||||||
|
MetLife, Inc. |
||||||||
|
3.00%, 03/01/2025(b) |
$ | 1,503,000 | $ | 1,547,911 | ||||
|
3.60%, 11/13/2025(b) |
1,505,000 | 1,577,387 | ||||||
|
|
|
|||||||
| 21,241,683 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.24% |
| |||||||
|
Alphabet, Inc., 0.45%, 08/15/2025(b) |
3,000,000 | 2,860,627 | ||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.89% |
| |||||||
|
Amazon.com, Inc. |
||||||||
|
0.80%, 06/03/2025(b) |
3,751,000 | 3,622,385 | ||||||
|
5.20%, 12/03/2025 |
2,587,000 | 2,856,713 | ||||||
|
eBay, Inc., 1.90%, 03/11/2025 |
2,402,000 | 2,376,841 | ||||||
|
QVC, Inc., 4.45%, 02/15/2025(b) |
1,707,000 | 1,700,454 | ||||||
|
|
|
|||||||
| 10,556,393 | ||||||||
|
|
|
|||||||
|
IT Services-2.45% |
| |||||||
|
Automatic Data Processing, Inc., 3.38%, 09/15/2025 |
3,001,000 | 3,137,814 | ||||||
|
Fiserv, Inc., 3.85%, 06/01/2025 |
2,720,000 | 2,833,180 | ||||||
|
International Business Machines Corp., 7.00%, 10/30/2025 |
1,779,000 | 2,070,507 | ||||||
|
Mastercard, Inc., 2.00%, 03/03/2025 |
2,255,000 | 2,272,238 | ||||||
|
PayPal Holdings, Inc., 1.65%, 06/01/2025 |
3,001,000 | 2,944,279 | ||||||
|
VeriSign, Inc., 5.25%, 04/01/2025 |
1,481,000 | 1,586,462 | ||||||
|
Visa, Inc., 3.15%, 12/14/2025 |
12,156,000 | 12,602,562 | ||||||
|
Western Union Co. (The), 2.85%, 01/10/2025 |
1,570,000 | 1,590,177 | ||||||
|
|
|
|||||||
| 29,037,219 | ||||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-0.13% |
| |||||||
|
Danaher Corp., 3.35%, 09/15/2025 |
1,451,000 | 1,498,221 | ||||||
|
|
|
|||||||
|
Machinery-1.71% |
| |||||||
|
Caterpillar Financial Services Corp. |
||||||||
|
1.45%, 05/15/2025(b) |
1,807,000 | 1,770,785 | ||||||
|
0.80%, 11/13/2025(b) |
3,008,000 | 2,866,422 | ||||||
|
Cummins, Inc., 0.75%, 09/01/2025(b) |
1,415,000 | 1,348,010 | ||||||
|
Deere & Co., 2.75%, 04/15/2025 |
2,102,000 | 2,144,658 | ||||||
|
John Deere Capital Corp. |
||||||||
|
2.05%, 01/09/2025 |
1,511,000 | 1,515,810 | ||||||
|
1.25%, 01/10/2025(b) |
2,410,000 | 2,364,519 | ||||||
|
3.45%, 03/13/2025 |
2,710,000 | 2,828,636 | ||||||
|
Otis Worldwide Corp., 2.06%, 04/05/2025 |
3,934,000 | 3,908,887 | ||||||
|
Wabtec Corp., 3.20%, 06/15/2025 |
1,509,000 | 1,525,102 | ||||||
|
|
|
|||||||
| 20,272,829 | ||||||||
|
|
|
|||||||
|
Media-2.55% |
||||||||
|
Charter Communications Operating LLC/ Charter Communications Operating Capital Corp., 4.91%, 07/23/2025 |
13,643,000 | 14,484,118 | ||||||
|
Comcast Corp. |
||||||||
|
3.38%, 02/15/2025(b) |
3,028,000 | 3,135,903 | ||||||
|
3.38%, 08/15/2025 |
4,563,000 | 4,727,710 | ||||||
|
Fox Corp., 3.05%, 04/07/2025(b) |
1,798,000 | 1,836,480 | ||||||
|
Paramount Global |
||||||||
|
3.50%, 01/15/2025(b) |
1,861,000 | 1,920,804 | ||||||
|
4.75%, 05/15/2025(b) |
3,867,000 | 4,128,725 | ||||||
|
|
|
|||||||
| 30,233,740 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
26 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Metals & Mining-0.50% |
| |||||||
|
Freeport-McMoRan, Inc. |
||||||||
|
4.25%, 03/01/2030 |
$ | 1,932,000 | $ | 1,954,517 | ||||
|
4.63%, 08/01/2030(b) |
2,363,000 | 2,443,047 | ||||||
|
Nucor Corp., 2.00%, 06/01/2025(b) |
1,519,000 | 1,504,258 | ||||||
|
|
|
|||||||
| 5,901,822 | ||||||||
|
|
|
|||||||
|
Multiline Retail-0.80% |
| |||||||
|
Dollar General Corp., 4.15%, 11/01/2025 |
1,483,000 | 1,566,468 | ||||||
|
Dollar Tree, Inc., 4.00%, 05/15/2025(b) |
3,002,000 | 3,132,725 | ||||||
|
Target Corp., 2.25%, 04/15/2025 |
4,721,000 | 4,755,323 | ||||||
|
|
|
|||||||
| 9,454,516 | ||||||||
|
|
|
|||||||
|
Multi-Utilities-0.85% |
| |||||||
|
Dominion Energy, Inc., 3.90%, 10/01/2025 |
2,220,000 | 2,318,530 | ||||||
|
DTE Energy Co., Series F, 1.05%, 06/01/2025 |
2,638,000 | 2,523,117 | ||||||
|
NiSource, Inc., 0.95%, 08/15/2025(b) |
3,908,000 | 3,696,988 | ||||||
|
Public Service Enterprise Group, Inc., 0.80%, 08/15/2025 |
1,594,000 | 1,515,557 | ||||||
|
|
|
|||||||
| 10,054,192 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-9.99% |
| |||||||
|
BP Capital Markets America, Inc., 3.19%, 04/06/2025 |
2,249,000 | 2,308,387 | ||||||
|
BP Capital Markets PLC (United Kingdom), 3.51%, 03/17/2025 |
2,907,000 | 3,017,953 | ||||||
|
Canadian Natural Resources Ltd. (Canada) |
||||||||
|
3.90%, 02/01/2025 |
1,803,000 | 1,858,872 | ||||||
|
2.05%, 07/15/2025 |
1,803,000 | 1,772,984 | ||||||
|
Cenovus Energy, Inc. (Canada), 5.38%, 07/15/2025(b) |
2,648,000 | 2,871,843 | ||||||
|
Cheniere Corpus Christi Holdings LLC, 5.88%, 03/31/2025(b) |
4,519,000 | 4,885,047 | ||||||
|
Chevron Corp. |
||||||||
|
1.55%, 05/11/2025 |
7,501,000 | 7,397,126 | ||||||
|
3.33%, 11/17/2025 |
2,223,000 | 2,309,559 | ||||||
|
Chevron USA, Inc., 0.69%, 08/12/2025 |
2,563,000 | 2,449,825 | ||||||
|
Columbia Pipeline Group, Inc., 4.50%, 06/01/2025 |
3,008,000 | 3,194,106 | ||||||
|
Devon Energy Corp. |
||||||||
|
5.85%, 12/15/2025(b) |
1,461,000 | 1,630,650 | ||||||
|
4.50%, 01/15/2030 |
1,800,000 | 1,881,609 | ||||||
|
Diamondback Energy, Inc., 4.75%, 05/31/2025 |
1,504,000 | 1,602,679 | ||||||
|
Enbridge Energy Partners L.P., 5.88%, 10/15/2025 |
1,482,000 | 1,646,260 | ||||||
|
Enbridge, Inc. (Canada), 2.50%, 01/15/2025(b) |
1,510,000 | 1,514,334 | ||||||
|
Energy Transfer L.P., 4.05%, 03/15/2025. |
3,007,000 | 3,116,465 | ||||||
|
Enterprise Products Operating LLC, 3.75%, 02/15/2025 |
3,488,000 | 3,631,008 | ||||||
|
EOG Resources, Inc., 3.15%, 04/01/2025 |
1,356,000 | 1,394,058 | ||||||
|
Equinor ASA (Norway), 2.88%, 04/06/2025 |
3,760,000 | 3,832,842 | ||||||
|
Exxon Mobil Corp. |
||||||||
|
2.71%, 03/06/2025 |
5,272,000 | 5,377,488 | ||||||
|
2.99%, 03/19/2025 |
8,238,000 | 8,468,156 | ||||||
|
Kinder Morgan, Inc., 4.30%, 06/01/2025 |
4,513,000 | 4,734,126 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
Marathon Petroleum Corp., 4.70%, 05/01/2025(b) |
$ | 3,859,000 | $ | 4,103,450 | ||||
|
MPLX L.P. |
||||||||
|
4.00%, 02/15/2025 |
1,496,000 | 1,558,982 | ||||||
|
4.88%, 06/01/2025 |
3,663,000 | 3,905,229 | ||||||
|
ONEOK Partners L.P., 4.90%, 03/15/2025 |
1,519,000 | 1,614,962 | ||||||
|
Phillips 66, 3.85%, 04/09/2025 |
1,955,000 | 2,034,436 | ||||||
|
Phillips 66 Partners L.P., 3.61%, 02/15/2025 |
1,503,000 | 1,552,401 | ||||||
|
Plains All American Pipeline L.P./PAA Finance Corp., 4.65%, 10/15/2025 |
2,996,000 | 3,176,572 | ||||||
|
Sabine Pass Liquefaction LLC, 5.63%, 03/01/2025 |
6,070,000 | 6,557,230 | ||||||
|
Shell International Finance B.V. (Netherlands), 3.25%, 05/11/2025 |
8,481,000 | 8,809,053 | ||||||
|
Spectra Energy Partners L.P., 3.50%, 03/15/2025 |
1,520,000 | 1,561,493 | ||||||
|
Suncor Energy, Inc. (Canada), 3.10%, 05/15/2025 |
1,634,000 | 1,670,372 | ||||||
|
TotalEnergies Capital International S.A. (France), 2.43%, 01/10/2025 |
3,014,000 | 3,067,981 | ||||||
|
Valero Energy Corp., 2.85%, 04/15/2025 |
3,147,000 | 3,185,403 | ||||||
|
Williams Cos., Inc. (The) |
||||||||
|
3.90%, 01/15/2025 |
2,254,000 | 2,344,302 | ||||||
|
4.00%, 09/15/2025 |
2,175,000 | 2,268,614 | ||||||
|
|
|
|||||||
| 118,305,857 | ||||||||
|
|
|
|||||||
|
Personal Products-0.12% |
| |||||||
|
Unilever Capital Corp. (United Kingdom), 3.10%, 07/30/2025 |
1,409,000 | 1,453,866 | ||||||
|
|
|
|||||||
|
Pharmaceuticals-4.24% |
| |||||||
|
AstraZeneca PLC (United Kingdom), 3.38%, 11/16/2025 |
6,004,000 | 6,266,844 | ||||||
|
Bristol-Myers Squibb Co. |
||||||||
|
3.88%, 08/15/2025 |
5,387,000 | 5,692,007 | ||||||
|
0.75%, 11/13/2025(b) |
2,950,000 | 2,806,086 | ||||||
|
Eli Lilly and Co., 2.75%, 06/01/2025 |
1,843,000 | 1,876,348 | ||||||
|
GlaxoSmithKline Capital, Inc. (United Kingdom), 3.63%, 05/15/2025 |
3,092,000 | 3,230,567 | ||||||
|
Johnson & Johnson |
||||||||
|
2.63%, 01/15/2025 |
2,252,000 | 2,304,051 | ||||||
|
0.55%, 09/01/2025 |
2,844,000 | 2,712,911 | ||||||
|
Merck & Co., Inc., 2.75%, 02/10/2025(b) |
7,496,000 | 7,676,566 | ||||||
|
Novartis Capital Corp. (Switzerland) |
||||||||
|
1.75%, 02/14/2025 |
2,949,000 | 2,939,006 | ||||||
|
3.00%, 11/20/2025(b) |
5,095,000 | 5,257,054 | ||||||
|
Pfizer, Inc., 0.80%, 05/28/2025(b) |
2,249,000 | 2,182,739 | ||||||
|
Royalty Pharma PLC, 1.20%, 09/02/2025. |
2,930,000 | 2,786,206 | ||||||
|
Viatris, Inc., 1.65%, 06/22/2025 |
2,070,000 | 2,002,346 | ||||||
|
Zoetis, Inc., 4.50%, 11/13/2025 |
2,254,000 | 2,421,933 | ||||||
|
|
|
|||||||
| 50,154,664 | ||||||||
|
|
|
|||||||
|
Professional Services-0.24% |
| |||||||
|
Verisk Analytics, Inc., 4.00%, 06/15/2025. |
2,720,000 | 2,832,615 | ||||||
|
|
|
|||||||
|
Road & Rail-0.78% |
| |||||||
|
Burlington Northern Santa Fe LLC, 3.00%, 04/01/2025 |
1,655,000 | 1,693,119 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
27 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Road & Rail-(continued) |
| |||||||
|
Canadian Pacific Railway Co. (Canada), 2.90%, 02/01/2025 |
$ | 2,424,000 | $ | 2,471,550 | ||||
|
CSX Corp., 3.35%, 11/01/2025(b) |
1,797,000 | 1,860,719 | ||||||
|
Union Pacific Corp. |
||||||||
|
3.75%, 07/15/2025 |
1,548,000 | 1,625,902 | ||||||
|
3.25%, 08/15/2025 |
1,505,000 | 1,554,251 | ||||||
|
|
|
|||||||
| 9,205,541 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-2.34% |
| |||||||
|
Applied Materials, Inc., 3.90%, 10/01/2025 |
2,134,000 | 2,259,127 | ||||||
|
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.13%, 01/15/2025 |
2,245,000 | 2,299,838 | ||||||
|
Broadcom, Inc., 4.70%, 04/15/2025 |
3,157,000 | 3,364,009 | ||||||
|
Intel Corp. |
||||||||
|
3.40%, 03/25/2025(b) |
4,549,000 | 4,712,736 | ||||||
|
3.70%, 07/29/2025(b) |
6,614,000 | 6,936,994 | ||||||
|
Lam Research Corp., 3.80%, 03/15/2025 |
1,504,000 | 1,577,325 | ||||||
|
QUALCOMM, Inc., 3.45%, 05/20/2025 |
4,144,000 | 4,310,539 | ||||||
|
Texas Instruments, Inc., 1.38%, 03/12/2025 |
2,260,000 | 2,225,400 | ||||||
|
|
|
|||||||
| 27,685,968 | ||||||||
|
|
|
|||||||
|
Software-3.63% |
| |||||||
|
Adobe, Inc. |
||||||||
|
1.90%, 02/01/2025(b) |
1,522,000 | 1,524,974 | ||||||
|
3.25%, 02/01/2025 |
3,028,000 | 3,129,640 | ||||||
|
Intuit, Inc., 0.95%, 07/15/2025(b) |
1,450,000 | 1,389,663 | ||||||
|
Microsoft Corp. |
||||||||
|
2.70%, 02/12/2025(b) |
6,753,000 | 6,958,399 | ||||||
|
3.13%, 11/03/2025(b) |
9,112,000 | 9,502,771 | ||||||
|
Oracle Corp. |
||||||||
|
2.50%, 04/01/2025 |
10,626,000 | 10,624,338 | ||||||
|
2.95%, 05/15/2025 |
7,410,000 | 7,474,379 | ||||||
|
VMware, Inc., 4.50%, 05/15/2025(b) |
2,261,000 | 2,396,489 | ||||||
|
|
|
|||||||
| 43,000,653 | ||||||||
|
|
|
|||||||
|
Specialty Retail-1.40% |
| |||||||
|
AutoZone, Inc., 3.63%, 04/15/2025(b) |
1,499,000 | 1,552,719 | ||||||
|
Dell International LLC/EMC Corp., 5.85%, 07/15/2025(b) |
3,000,000 | 3,290,316 | ||||||
|
Home Depot, Inc. (The), 3.35%, 09/15/2025 |
2,901,000 | 3,017,009 | ||||||
|
Leidos, Inc., 3.63%, 05/15/2025 |
1,520,000 | 1,567,971 | ||||||
|
Lowe’s Cos., Inc. |
||||||||
|
4.00%, 04/15/2025 |
2,222,000 | 2,340,425 | ||||||
|
3.38%, 09/15/2025 |
2,375,000 | 2,478,195 | ||||||
|
Ross Stores, Inc., 4.60%, 04/15/2025 |
2,131,000 | 2,276,495 | ||||||
|
|
|
|||||||
| 16,523,130 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-3.01% |
| |||||||
|
Apple, Inc. |
|
|||||||
|
2.75%, 01/13/2025 |
4,513,000 | 4,628,195 | ||||||
|
2.50%, 02/09/2025(b) |
4,451,000 | 4,530,233 | ||||||
|
1.13%, 05/11/2025 |
6,748,000 | 6,594,640 | ||||||
|
3.20%, 05/13/2025 |
6,004,000 | 6,229,508 | ||||||
|
0.55%, 08/20/2025(b) |
3,638,000 | 3,467,927 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Technology Hardware, Storage & Peripherals-(continued) |
| |||||||
|
Hewlett Packard Enterprise Co., 4.90%, 10/15/2025 |
$ | 7,483,000 | $ | 8,038,074 | ||||
|
NetApp, Inc., 1.88%, 06/22/2025 |
2,251,000 | 2,207,886 | ||||||
|
|
|
|||||||
| 35,696,463 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.44% |
| |||||||
|
NIKE, Inc., 2.40%, 03/27/2025 |
2,966,000 | 3,008,171 | ||||||
|
VF Corp., 2.40%, 04/23/2025 |
2,247,000 | 2,251,566 | ||||||
|
|
|
|||||||
| 5,259,737 | ||||||||
|
|
|
|||||||
|
Thrifts & Mortgage Finance-0.14% |
| |||||||
|
Radian Group, Inc., 6.63%, 03/15/2025(b) |
1,579,000 | 1,673,716 | ||||||
|
|
|
|||||||
|
Tobacco-1.23% |
| |||||||
|
Altria Group, Inc., 2.35%, 05/06/2025(b) |
2,252,000 | 2,247,873 | ||||||
|
Philip Morris International, Inc. |
||||||||
|
1.50%, 05/01/2025 |
2,220,000 | 2,169,527 | ||||||
|
3.38%, 08/11/2025 |
2,246,000 | 2,322,707 | ||||||
|
Reynolds American, Inc. (United Kingdom), 4.45%, 06/12/2025 |
7,503,000 | 7,856,062 | ||||||
|
|
|
|||||||
| 14,596,169 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.72% |
| |||||||
|
Air Lease Corp. |
||||||||
|
2.30%, 02/01/2025 |
2,247,000 | 2,229,985 | ||||||
|
3.25%, 03/01/2025 |
2,118,000 | 2,133,424 | ||||||
|
3.38%, 07/01/2025 |
2,559,000 | 2,591,977 | ||||||
|
WW Grainger, Inc., 1.85%, 02/15/2025 |
1,522,000 | 1,510,906 | ||||||
|
|
|
|||||||
| 8,466,292 | ||||||||
|
|
|
|||||||
|
Water Utilities-0.14% |
| |||||||
|
American Water Capital Corp., 3.40%, 03/01/2025 |
1,556,000 | 1,609,143 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-0.59% |
| |||||||
|
Rogers Communications, Inc. (Canada), 3.63%, 12/15/2025 |
2,105,000 | 2,189,421 | ||||||
|
Vodafone Group PLC (United Kingdom), 4.13%, 05/30/2025(b) |
4,573,000 | 4,811,076 | ||||||
|
|
|
|||||||
| 7,000,497 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
1,166,955,331 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.65% |
| |||||||
|
Invesco Government & Agency |
7,631,262 | 7,631,262 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
1,174,586,593 | ||||||
|
|
|
|||||||
|
Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-5.66% |
|
|||||||
|
Invesco Private Government Fund, 0.12%(c)(d)(e) |
20,110,031 | 20,110,031 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
28 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
| Shares | Value | |||||||
|
Money Market Funds-(continued) |
|
|||||||
|
Invesco Private Prime Fund, |
46,918,714 | $ | 46,923,407 | |||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
67,033,438 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-104.84% |
|
1,241,620,031 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(4.84)% |
|
(57,295,810 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 1,184,324,221 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ |
960,043 |
$ | 64,374,583 | $ | (57,703,364 | ) | $ | - | $ | - | $ | 7,631,262 | $ | 1,107 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
19,985,236 | 43,846,052 | (43,721,257 | ) | - | - | 20,110,031 | 2,633 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
46,632,217 | 73,840,562 | (73,535,410 | ) | (5,337 | ) | (8,625 | ) | 46,923,407 | 23,414 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 67,577,496 | $ | 182,061,197 | $ | (174,960,031 | ) | $ | (5,337 | ) | $ | (8,625 | ) | $ | 74,664,700 | $ | 27,154 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
29 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
| Financials | 26.80 | |||
| Health Care | 13.13 | |||
| Information Technology | 11.56 | |||
| Energy | 10.35 | |||
| Consumer Discretionary | 9.61 | |||
| Industrials | 8.64 | |||
| Communication Services | 5.71 | |||
| Consumer Staples | 4.53 | |||
| Utilities | 3.54 | |||
| Real Estate | 3.45 | |||
| Materials | 1.21 | |||
| Money Market Funds Plus Other Assets Less Liabilities | 1.47 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
30 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.86% |
| |||||||
|
Aerospace & Defense-2.65% |
||||||||
|
Boeing Co. (The) |
||||||||
|
2.75%, 02/01/2026(b) |
$ | 3,004,000 | $ | 3,009,726 | ||||
|
2.20%, 02/04/2026 |
11,792,000 | 11,475,787 | ||||||
|
General Dynamics Corp. |
||||||||
|
1.15%, 06/01/2026 |
1,075,000 | 1,032,457 | ||||||
|
2.13%, 08/15/2026 |
1,032,000 | 1,032,281 | ||||||
|
Lockheed Martin Corp., 3.55%, 01/15/2026 |
4,284,000 | 4,510,820 | ||||||
|
Raytheon Technologies Corp., 2.65%, 11/01/2026(b) |
1,540,000 | 1,573,934 | ||||||
|
|
|
|||||||
| 22,635,005 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.32% |
||||||||
|
FedEx Corp., 3.25%, 04/01/2026 |
1,604,000 | 1,675,661 | ||||||
|
United Parcel Service, Inc., 2.40%, 11/15/2026 |
1,076,000 | 1,086,754 | ||||||
|
|
|
|||||||
| 2,762,415 | ||||||||
|
|
|
|||||||
|
Airlines-0.29% |
||||||||
|
Delta Air Lines, Inc., 7.38%, 01/15/2026(b) |
2,211,000 | 2,468,294 | ||||||
|
|
|
|||||||
|
Automobiles-2.15% |
||||||||
|
American Honda Finance Corp. |
||||||||
|
1.30%, 09/09/2026(b) |
1,546,000 | 1,481,602 | ||||||
|
2.30%, 09/09/2026(b) |
1,032,000 | 1,033,677 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
1.25%, 01/08/2026 |
3,297,000 | 3,115,275 | ||||||
|
5.25%, 03/01/2026 |
2,683,000 | 2,924,089 | ||||||
|
1.50%, 06/10/2026(b) |
2,679,000 | 2,543,183 | ||||||
|
4.00%, 10/06/2026 |
1,608,000 | 1,678,265 | ||||||
|
Toyota Motor Corp. (Japan), 1.34%, 03/25/2026 |
2,148,000 | 2,075,089 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
0.80%, 01/09/2026(b) |
1,503,000 | 1,429,808 | ||||||
|
1.13%, 06/18/2026(b) |
2,148,000 | 2,058,555 | ||||||
|
|
|
|||||||
| 18,339,543 | ||||||||
|
|
|
|||||||
|
Banks-17.95% |
||||||||
|
Bank of America Corp. |
||||||||
|
4.45%, 03/03/2026 |
4,284,000 | 4,570,867 | ||||||
|
3.50%, 04/19/2026 |
5,363,000 | 5,562,893 | ||||||
|
4.25%, 10/22/2026 |
4,330,000 | 4,601,825 | ||||||
|
Bank of Nova Scotia (The) (Canada) |
||||||||
|
1.05%, 03/02/2026 |
2,037,000 | 1,929,880 | ||||||
|
1.35%, 06/24/2026(b) |
1,551,000 | 1,479,527 | ||||||
|
1.30%, 09/15/2026(b) |
1,927,000 | 1,842,782 | ||||||
|
Barclays PLC (United Kingdom), 5.20%, 05/12/2026(b) |
4,430,000 | 4,758,241 | ||||||
|
BPCE S.A. (France), 3.38%, 12/02/2026 |
1,300,000 | 1,336,462 | ||||||
|
Citigroup, Inc. |
||||||||
|
3.70%, 01/12/2026 |
4,287,000 | 4,486,695 | ||||||
|
4.60%, 03/09/2026 |
3,292,000 | 3,516,440 | ||||||
|
3.40%, 05/01/2026(b) |
4,284,000 | 4,419,111 | ||||||
|
3.20%, 10/21/2026 |
6,431,000 | 6,567,005 | ||||||
|
4.30%, 11/20/2026 |
2,145,000 | 2,284,915 | ||||||
|
Cooperatieve Rabobank U.A. (Netherlands), 3.75%, 07/21/2026 |
3,100,000 | 3,201,027 | ||||||
|
Fifth Third Bank N.A., 3.85%, 03/15/2026 |
1,625,000 | 1,705,144 | ||||||
| Principal Amount |
Value | |||||||
|
Banks-(continued) |
||||||||
|
HSBC Holdings PLC (United Kingdom) |
||||||||
|
4.30%, 03/08/2026 |
$ | 6,435,000 | $ | 6,814,118 | ||||
|
4.38%, 11/23/2026 |
3,300,000 | 3,474,022 | ||||||
|
JPMorgan Chase & Co. |
||||||||
|
3.30%, 04/01/2026 |
5,357,000 | 5,526,852 | ||||||
|
3.20%, 06/15/2026(b) |
3,810,000 | 3,912,000 | ||||||
|
2.95%, 10/01/2026 |
6,429,000 | 6,546,306 | ||||||
|
7.63%, 10/15/2026 |
909,000 | 1,095,948 | ||||||
|
4.13%, 12/15/2026(b) |
4,285,000 | 4,563,804 | ||||||
|
KeyBank N.A., 3.40%, 05/20/2026 |
1,300,000 | 1,342,983 | ||||||
|
Lloyds Banking Group PLC (United Kingdom), 4.65%, 03/24/2026 |
3,300,000 | 3,485,546 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
3.85%, 03/01/2026 |
5,100,000 | 5,351,359 | ||||||
|
2.76%, 09/13/2026(b) |
2,100,000 | 2,113,049 | ||||||
|
Mizuho Financial Group, Inc. (Japan), 2.84%, 09/13/2026 |
2,060,000 | 2,073,247 | ||||||
|
NatWest Group PLC (United Kingdom), 4.80%, 04/05/2026 |
3,300,000 | 3,543,112 | ||||||
|
PNC Financial Services Group, Inc. (The), 1.15%, 08/13/2026(b) |
1,505,000 | 1,442,700 | ||||||
|
Royal Bank of Canada (Canada), 1.15%, 07/14/2026 |
1,546,000 | 1,465,699 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
||||||||
|
0.95%, 01/12/2026 |
2,140,000 | 2,019,824 | ||||||
|
3.78%, 03/09/2026 |
3,212,000 | 3,363,190 | ||||||
|
2.63%, 07/14/2026 |
4,821,000 | 4,843,504 | ||||||
|
1.40%, 09/17/2026 |
4,325,000 | 4,092,823 | ||||||
|
3.01%, 10/19/2026 |
3,218,000 | 3,275,265 | ||||||
|
SVB Financial Group, 1.80%, 10/28/2026 |
1,395,000 | 1,348,319 | ||||||
|
Truist Bank |
||||||||
|
3.30%, 05/15/2026 |
1,600,000 | 1,656,247 | ||||||
|
3.80%, 10/30/2026 |
1,820,000 | 1,919,703 | ||||||
|
U.S. Bancorp |
||||||||
|
Series V, 2.38%, 07/22/2026(b) |
2,892,000 | 2,913,442 | ||||||
|
Series W, 3.10%, 04/27/2026 |
2,146,000 | 2,207,386 | ||||||
|
Wells Fargo & Co. |
||||||||
|
3.00%, 04/22/2026 |
7,506,000 | 7,632,237 | ||||||
|
4.10%, 06/03/2026 |
5,230,000 | 5,530,041 | ||||||
|
3.00%, 10/23/2026 |
7,503,000 | 7,622,676 | ||||||
|
|
|
|||||||
| 153,438,216 | ||||||||
|
|
|
|||||||
|
Beverages-1.09% |
||||||||
|
Constellation Brands, Inc., 3.70%, 12/06/2026(b) |
1,283,000 | 1,331,106 | ||||||
|
Molson Coors Beverage Co., 3.00%, 07/15/2026(b) |
4,286,000 | 4,365,035 | ||||||
|
PepsiCo, Inc. |
||||||||
|
2.85%, 02/24/2026 |
1,544,000 | 1,579,868 | ||||||
|
2.38%, 10/06/2026(b) |
2,060,000 | 2,077,888 | ||||||
|
|
|
|||||||
| 9,353,897 | ||||||||
|
|
|
|||||||
|
Biotechnology-3.21% |
||||||||
|
AbbVie, Inc. |
||||||||
|
3.20%, 05/14/2026 |
4,286,000 | 4,401,964 | ||||||
|
2.95%, 11/21/2026(b) |
8,557,000 | 8,704,500 | ||||||
|
Amgen, Inc., 2.60%, 08/19/2026 |
2,679,000 | 2,705,068 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
31 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Biotechnology-(continued) |
||||||||
|
Gilead Sciences, Inc., 3.65%, 03/01/2026 |
$ | 5,902,000 | $ | 6,162,520 | ||||
|
Shire Acquisitions Investments Ireland DAC, 3.20%, 09/23/2026(b) |
5,348,000 | 5,497,433 | ||||||
|
|
|
|||||||
| 27,471,485 | ||||||||
|
|
|
|||||||
|
Building Products-0.12% |
||||||||
|
Johnson Controls International PLC, 3.90%, 02/14/2026 |
1,000,000 | 1,055,735 | ||||||
|
|
|
|||||||
|
Capital Markets-7.91% |
||||||||
|
Ameriprise Financial, Inc., 2.88%, 09/15/2026(b) |
1,077,000 | 1,104,338 | ||||||
|
Ares Capital Corp. |
||||||||
|
3.88%, 01/15/2026 |
2,462,000 | 2,498,980 | ||||||
|
2.15%, 07/15/2026(b) |
2,148,000 | 2,029,134 | ||||||
|
Bank of New York Mellon Corp. (The) |
||||||||
|
0.75%, 01/28/2026 |
1,505,000 | 1,431,683 | ||||||
|
2.80%, 05/04/2026 |
1,604,000 | 1,639,975 | ||||||
|
2.45%, 08/17/2026 |
1,606,000 | 1,623,990 | ||||||
|
1.05%, 10/15/2026(b) |
1,072,000 | 1,017,992 | ||||||
|
Blackstone Secured Lending Fund |
||||||||
|
3.63%, 01/15/2026(b) |
1,706,000 | 1,710,745 | ||||||
|
2.75%, 09/16/2026 |
1,496,000 | 1,437,751 | ||||||
|
Brookfield Finance, Inc. (Canada), 4.25%, 06/02/2026 |
1,029,000 | 1,101,192 | ||||||
|
Charles Schwab Corp. (The) |
||||||||
|
0.90%, 03/11/2026 |
2,683,000 | 2,545,908 | ||||||
|
1.15%, 05/13/2026(b) |
2,148,000 | 2,064,696 | ||||||
|
Credit Suisse AG (Switzerland), 1.25%, 08/07/2026 |
3,860,000 | 3,637,164 | ||||||
|
Deutsche Bank AG (Germany), 1.69%, 03/19/2026 |
1,650,000 | 1,594,595 | ||||||
|
FS KKR Capital Corp., 3.40%, 01/15/2026 |
2,146,000 | 2,110,378 | ||||||
|
Goldman Sachs BDC, Inc., 2.88%, 01/15/2026(b) |
1,070,000 | 1,050,525 | ||||||
|
Goldman Sachs Group, Inc. (The) |
||||||||
|
3.75%, 02/25/2026 |
3,748,000 | 3,904,952 | ||||||
|
3.50%, 11/16/2026 |
5,893,000 | 6,043,899 | ||||||
|
Morgan Stanley |
||||||||
|
3.88%, 01/27/2026 |
6,438,000 | 6,726,748 | ||||||
|
3.13%, 07/27/2026 |
6,438,000 | 6,562,298 | ||||||
|
6.25%, 08/09/2026 |
1,590,000 | 1,828,954 | ||||||
|
4.35%, 09/08/2026 |
4,828,000 | 5,133,881 | ||||||
|
Nasdaq, Inc., 3.85%, 06/30/2026 |
1,072,000 | 1,121,262 | ||||||
|
Nomura Holdings, Inc. (Japan), 1.65%, 07/14/2026 |
2,780,000 | 2,641,112 | ||||||
|
Owl Rock Capital Corp. |
||||||||
|
4.25%, 01/15/2026 |
1,029,000 | 1,038,561 | ||||||
|
3.40%, 07/15/2026 |
2,468,000 | 2,367,858 | ||||||
|
State Street Corp., 2.65%, 05/19/2026(b) |
1,613,000 | 1,647,563 | ||||||
|
|
|
|||||||
| 67,616,134 | ||||||||
|
|
|
|||||||
|
Chemicals-0.87% |
||||||||
|
Ecolab, Inc., 2.70%, 11/01/2026(b) |
1,611,000 | 1,641,179 | ||||||
|
FMC Corp., 3.20%, 10/01/2026(b) |
1,068,000 | 1,091,408 | ||||||
|
Linde, Inc., 3.20%, 01/30/2026(b) |
1,556,000 | 1,618,471 | ||||||
|
PPG Industries, Inc., 1.20%, 03/15/2026 |
1,505,000 | 1,438,443 | ||||||
|
Westlake Corp., 3.60%, 08/15/2026 |
1,612,000 | 1,676,561 | ||||||
|
|
|
|||||||
| 7,466,062 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Commercial Services & Supplies-0.13% |
|
|||||||
|
Republic Services, Inc., 2.90%, 07/01/2026(b) |
$ | 1,070,000 | $ | 1,086,792 | ||||
|
|
|
|||||||
|
Communications Equipment-0.77% |
||||||||
|
Cisco Systems, Inc. |
||||||||
|
2.95%, 02/28/2026 |
1,610,000 | 1,671,325 | ||||||
|
2.50%, 09/20/2026(b) |
3,214,000 | 3,285,403 | ||||||
|
Hughes Satellite Systems Corp., 5.25%, 08/01/2026(b) |
1,606,000 | 1,651,642 | ||||||
|
|
|
|||||||
| 6,608,370 | ||||||||
|
|
|
|||||||
|
Consumer Finance-1.04% |
||||||||
|
American Express Co., 1.65%, 11/04/2026(b) |
2,355,000 | 2,279,883 | ||||||
|
Capital One Financial Corp., 3.75%, 07/28/2026 |
3,213,000 | 3,326,812 | ||||||
|
Discover Bank, 3.45%, 07/27/2026 |
2,150,000 | 2,217,214 | ||||||
|
Synchrony Financial, 3.70%, 08/04/2026 |
1,077,000 | 1,102,061 | ||||||
|
|
|
|||||||
| 8,925,970 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.36% |
||||||||
|
Berry Global, Inc., 1.57%, 01/15/2026(b) |
3,270,000 | 3,119,050 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-2.06% |
||||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
||||||||
|
1.75%, 01/30/2026(b) |
2,210,000 | 2,096,433 | ||||||
|
2.45%, 10/29/2026(b) |
8,040,000 | 7,754,972 | ||||||
|
Berkshire Hathaway, Inc., 3.13%, 03/15/2026(b) |
5,361,000 | 5,568,340 | ||||||
|
National Rural Utilities Cooperative Finance Corp., 1.00%, 06/15/2026 |
1,285,000 | 1,217,019 | ||||||
|
Voya Financial, Inc., 3.65%, 06/15/2026 |
956,000 | 1,008,539 | ||||||
|
|
|
|||||||
| 17,645,303 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-2.14% |
|
|||||||
|
AT&T, Inc. |
||||||||
|
4.13%, 02/17/2026 |
3,886,000 | 4,144,616 | ||||||
|
1.70%, 03/25/2026 |
6,429,000 | 6,267,545 | ||||||
|
Verizon Communications, Inc. |
||||||||
|
1.45%, 03/20/2026 |
3,960,000 | 3,829,881 | ||||||
|
2.63%, 08/15/2026 |
4,006,000 | 4,030,080 | ||||||
|
|
|
|||||||
| 18,272,122 | ||||||||
|
|
|
|||||||
|
Electric Utilities-3.31% |
||||||||
|
Cleco Corporate Holdings LLC, 3.74%, 05/01/2026 |
1,146,000 | 1,193,092 | ||||||
|
Commonwealth Edison Co., 2.55%, 06/15/2026 |
1,033,000 | 1,044,924 | ||||||
|
Duke Energy Carolinas LLC, 2.95%, 12/01/2026 |
1,290,000 | 1,330,176 | ||||||
|
Duke Energy Corp., 2.65%, 09/01/2026(b) |
3,093,000 | 3,112,166 | ||||||
|
Emera US Finance L.P. (Canada), 3.55%, 06/15/2026 |
1,611,000 | 1,659,164 | ||||||
|
Entergy Arkansas LLC, 3.50%, 04/01/2026 |
1,234,000 | 1,284,087 | ||||||
|
Entergy Corp., 2.95%, 09/01/2026(b) |
1,610,000 | 1,630,630 | ||||||
|
Exelon Corp., 3.40%, 04/15/2026 |
1,610,000 | 1,662,667 | ||||||
|
Fortis, Inc. (Canada), 3.06%, 10/04/2026 |
2,269,000 | 2,295,448 | ||||||
|
Pacific Gas and Electric Co., 3.15%, 01/01/2026(b) |
4,183,000 | 4,164,657 | ||||||
|
PPL Capital Funding, Inc., 3.10%, 05/15/2026 |
1,391,000 | 1,418,254 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
32 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Electric Utilities-(continued) |
||||||||
|
Southern Co. (The), 3.25%, 07/01/2026 |
$ | 3,614,000 | $ | 3,712,553 | ||||
|
Southwestern Electric Power Co., Series N, 1.65%, 03/15/2026(b) |
1,075,000 | 1,039,604 | ||||||
|
Virginia Electric & Power Co., Series A, 3.15%, 01/15/2026 |
1,551,000 | 1,597,910 | ||||||
|
Xcel Energy, Inc., 3.35%, 12/01/2026 |
1,075,000 | 1,112,007 | ||||||
|
|
|
|||||||
| 28,257,339 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.18% |
|
|||||||
|
Emerson Electric Co., 0.88%, 10/15/2026 |
1,613,000 | 1,524,503 | ||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-0.51% |
| |||||||
|
Avnet, Inc., 4.63%, 04/15/2026 |
1,176,000 | 1,254,518 | ||||||
|
CDW LLC/CDW Finance Corp., 2.67%, 12/01/2026(b) |
2,140,000 | 2,096,398 | ||||||
|
Jabil, Inc., 1.70%, 04/15/2026 |
1,075,000 | 1,040,668 | ||||||
|
|
|
|||||||
| 4,391,584 | ||||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.30% |
|
|||||||
|
Baker Hughes Holdings LLC/Baker Hughes |
||||||||
|
Co-Obligor, Inc., 2.06%, 12/15/2026(b) |
1,290,000 | 1,263,685 | ||||||
|
Boardwalk Pipelines L.P., 5.95%, 06/01/2026 |
1,136,000 | 1,262,864 | ||||||
|
|
|
|||||||
| 2,526,549 | ||||||||
|
|
|
|||||||
|
Entertainment-1.36% |
||||||||
|
Activision Blizzard, Inc., 3.40%, 09/15/2026 |
1,826,000 | 1,911,433 | ||||||
|
Netflix, Inc., 4.38%, 11/15/2026(b) |
2,143,000 | 2,265,676 | ||||||
|
TWDC Enterprises 18 Corp. |
||||||||
|
3.00%, 02/13/2026 |
2,145,000 | 2,210,572 | ||||||
|
1.85%, 07/30/2026(b) |
2,145,000 | 2,107,878 | ||||||
|
Walt Disney Co. (The), 1.75%, 01/13/2026 |
3,216,000 | 3,160,583 | ||||||
|
|
|
|||||||
| 11,656,142 | ||||||||
|
|
|
|||||||
|
Equity REITs-4.83% |
||||||||
|
American Tower Corp. |
||||||||
|
4.40%, 02/15/2026(b) |
1,071,000 | 1,137,435 | ||||||
|
1.60%, 04/15/2026 |
1,505,000 | 1,446,372 | ||||||
|
1.45%, 09/15/2026 |
1,285,000 | 1,219,489 | ||||||
|
3.38%, 10/15/2026 |
2,145,000 | 2,203,682 | ||||||
|
Boston Properties L.P. |
||||||||
|
3.65%, 02/01/2026 |
2,142,000 | 2,221,106 | ||||||
|
2.75%, 10/01/2026 |
2,143,000 | 2,150,656 | ||||||
|
Brixmor Operating Partnership L.P., 4.13%, 06/15/2026 |
1,289,000 | 1,364,113 | ||||||
|
CBRE Services, Inc., 4.88%, 03/01/2026 |
1,285,000 | 1,394,576 | ||||||
|
Crown Castle International Corp. |
||||||||
|
4.45%, 02/15/2026 |
1,933,000 | 2,054,645 | ||||||
|
3.70%, 06/15/2026 |
1,606,000 | 1,667,931 | ||||||
|
1.05%, 07/15/2026 |
2,118,000 | 1,975,838 | ||||||
|
Equinix, Inc., 1.45%, 05/15/2026(b) |
1,500,000 | 1,427,225 | ||||||
|
ERP Operating L.P., 2.85%, 11/01/2026 |
1,074,000 | 1,101,342 | ||||||
|
GLP Capital L.P./GLP Financing II, Inc., 5.38%, 04/15/2026 |
2,087,000 | 2,235,741 | ||||||
|
Healthpeak Properties, Inc., 3.25%, 07/15/2026 |
1,392,000 | 1,440,571 | ||||||
|
Kimco Realty Corp., 2.80%, 10/01/2026 |
1,071,000 | 1,079,241 | ||||||
|
LifeStorage L.P., 3.50%, 07/01/2026 |
1,288,000 | 1,340,910 | ||||||
|
Omega Healthcare Investors, Inc., 5.25%, 01/15/2026 |
1,240,000 | 1,328,514 | ||||||
| Principal Amount |
Value | |||||||
|
Equity REITs-(continued) |
||||||||
|
Public Storage |
||||||||
|
0.88%, 02/15/2026 |
$ | 1,075,000 | $ | 1,022,609 | ||||
|
1.50%, 11/09/2026(b) |
1,389,000 | 1,348,228 | ||||||
|
Realty Income Corp. |
||||||||
|
4.88%, 06/01/2026 |
1,279,000 | 1,391,408 | ||||||
|
4.13%, 10/15/2026 |
1,339,000 | 1,420,168 | ||||||
|
Sabra Health Care L.P., 5.13%, 08/15/2026 |
1,077,000 | 1,145,849 | ||||||
|
Simon Property Group L.P. |
||||||||
|
3.30%, 01/15/2026 |
1,719,000 | 1,763,901 | ||||||
|
3.25%, 11/30/2026 |
1,607,000 | 1,655,324 | ||||||
|
Ventas Realty L.P., 4.13%, 01/15/2026 |
1,077,000 | 1,136,130 | ||||||
|
Welltower, Inc., 4.25%, 04/01/2026 |
1,500,000 | 1,600,341 | ||||||
|
|
|
|||||||
| 41,273,345 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.26% |
||||||||
|
Kroger Co. (The) |
||||||||
|
3.50%, 02/01/2026 |
1,077,000 | 1,121,560 | ||||||
|
2.65%, 10/15/2026 |
1,605,000 | 1,621,573 | ||||||
|
Sysco Corp., 3.30%, 07/15/2026 |
2,146,000 | 2,210,884 | ||||||
|
Walgreens Boots Alliance, Inc., 3.45%, 06/01/2026 |
3,100,000 | 3,219,328 | ||||||
|
Walmart, Inc., 1.05%, 09/17/2026 |
2,685,000 | 2,580,512 | ||||||
|
|
|
|||||||
| 10,753,857 | ||||||||
|
|
|
|||||||
|
Food Products-1.48% |
||||||||
|
Archer-Daniels-Midland Co., 2.50%, 08/11/2026 |
2,148,000 | 2,179,540 | ||||||
|
Bunge Ltd. Finance Corp., 3.25%, 08/15/2026 |
1,446,000 | 1,478,750 | ||||||
|
Hershey Co. (The), 2.30%, 08/15/2026 |
1,077,000 | 1,088,004 | ||||||
|
Ingredion, Inc., 3.20%, 10/01/2026 |
1,074,000 | 1,106,779 | ||||||
|
Kellogg Co., 3.25%, 04/01/2026 |
1,751,000 | 1,799,445 | ||||||
|
Kraft Heinz Foods Co. (The), 3.00%, 06/01/2026 |
4,023,000 | 4,025,313 | ||||||
|
McCormick & Co., Inc., 0.90%, 02/15/2026 |
1,075,000 | 1,015,475 | ||||||
|
|
|
|||||||
| 12,693,306 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.24% |
||||||||
|
National Fuel Gas Co., 5.50%, 01/15/2026 |
879,000 | 953,653 | ||||||
|
Southern California Gas Co., Series TT, 2.60%, 06/15/2026 |
1,069,000 | 1,082,290 | ||||||
|
|
|
|||||||
| 2,035,943 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-0.90% |
|
|||||||
|
Abbott Laboratories, 3.75%, 11/30/2026(b) . |
3,648,000 | 3,897,767 | ||||||
|
Baxter International, Inc., 2.60%, 08/15/2026(b) |
1,548,000 | 1,556,502 | ||||||
|
Stryker Corp., 3.50%, 03/15/2026 |
2,140,000 | 2,217,838 | ||||||
|
|
|
|||||||
| 7,672,107 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-3.19% |
|
|||||||
|
Anthem, Inc., 1.50%, 03/15/2026 |
1,605,000 | 1,554,980 | ||||||
|
Cigna Corp. |
||||||||
|
4.50%, 02/25/2026 |
2,642,000 | 2,830,766 | ||||||
|
1.25%, 03/15/2026(b) |
1,716,000 | 1,643,228 | ||||||
|
CVS Health Corp., 2.88%, 06/01/2026(b) |
3,750,000 | 3,799,970 | ||||||
|
HCA, Inc. |
||||||||
|
5.88%, 02/15/2026 |
3,096,000 | 3,349,642 | ||||||
|
5.25%, 06/15/2026 |
3,220,000 | 3,491,160 | ||||||
|
5.38%, 09/01/2026 |
2,145,000 | 2,310,658 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
33 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Health Care Providers & Services-(continued) |
|
|||||||
|
Laboratory Corp. of America Holdings, 1.55%, 06/01/2026 |
$ | 1,075,000 | $ | 1,030,379 | ||||
|
McKesson Corp., 1.30%, 08/15/2026 |
1,075,000 | 1,019,458 | ||||||
|
Quest Diagnostics, Inc., 3.45%, 06/01/2026 |
1,074,000 | 1,115,079 | ||||||
|
UnitedHealth Group, Inc. |
||||||||
|
1.25%, 01/15/2026 |
1,075,000 | 1,041,229 | ||||||
|
3.10%, 03/15/2026 |
2,068,000 | 2,143,067 | ||||||
|
1.15%, 05/15/2026(b) |
2,068,000 | 1,982,387 | ||||||
|
|
|
|||||||
| 27,312,003 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-1.24% |
||||||||
|
Booking Holdings, Inc., 3.60%, 06/01/2026 |
2,142,000 | 2,243,885 | ||||||
|
Expedia Group, Inc., 5.00%, 02/15/2026 |
1,547,000 | 1,668,064 | ||||||
|
Marriott International, Inc., Series R, 3.13%, 06/15/2026 |
1,604,000 | 1,632,950 | ||||||
|
McDonald’s Corp., 3.70%, 01/30/2026 |
3,748,000 | 3,951,056 | ||||||
|
Starbucks Corp., 2.45%, 06/15/2026 |
1,070,000 | 1,075,145 | ||||||
|
|
|
|||||||
| 10,571,100 | ||||||||
|
|
|
|||||||
|
Household Durables-0.28% |
||||||||
|
DR Horton, Inc., 1.30%, 10/15/2026 |
1,285,000 | 1,211,049 | ||||||
|
PulteGroup, Inc., 5.50%, 03/01/2026(b) |
1,068,000 | 1,178,873 | ||||||
|
|
|
|||||||
| 2,389,922 | ||||||||
|
|
|
|||||||
|
Household Products-0.62% |
||||||||
|
Procter & Gamble Co. (The) |
||||||||
|
2.70%, 02/02/2026(b) |
1,288,000 | 1,329,237 | ||||||
|
1.00%, 04/23/2026 |
2,148,000 | 2,067,653 | ||||||
|
2.45%, 11/03/2026 |
1,879,000 | 1,914,099 | ||||||
|
|
|
|||||||
| 5,310,989 | ||||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-0.16% |
|
|||||||
|
AES Corp. (The), 1.38%, 01/15/2026(b) |
1,417,000 | 1,348,456 | ||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.73% |
||||||||
|
3M Co., 2.25%, 09/19/2026 |
1,394,000 | 1,393,478 | ||||||
|
Honeywell International, Inc., 2.50%, 11/01/2026(b) |
3,217,000 | 3,261,838 | ||||||
|
Roper Technologies, Inc., 3.80%, 12/15/2026 |
1,504,000 | 1,583,748 | ||||||
|
|
|
|||||||
| 6,239,064 | ||||||||
|
|
|
|||||||
|
Insurance-2.17% |
||||||||
|
Allstate Corp. (The), 3.28%, 12/15/2026 |
1,175,000 | 1,221,520 | ||||||
|
American International Group, Inc., 3.90%, 04/01/2026 |
3,214,000 | 3,382,333 | ||||||
|
Arch Capital Finance LLC, 4.01%, 12/15/2026 |
1,070,000 | 1,140,428 | ||||||
|
Chubb INA Holdings, Inc., 3.35%, 05/03/2026 |
3,217,000 | 3,345,786 | ||||||
|
CNA Financial Corp., 4.50%, 03/01/2026 |
1,076,000 | 1,156,567 | ||||||
|
Loews Corp., 3.75%, 04/01/2026 |
1,075,000 | 1,138,821 | ||||||
|
Manulife Financial Corp. (Canada), 4.15%, 03/04/2026 |
2,149,000 | 2,280,623 | ||||||
|
Marsh & McLennan Cos., Inc., 3.75%, 03/14/2026 |
1,289,000 | 1,364,597 | ||||||
|
Old Republic International Corp., 3.88%, 08/26/2026 |
1,178,000 | 1,236,878 | ||||||
| Principal Amount |
Value | |||||||
|
Insurance-(continued) |
||||||||
|
Prudential Financial, Inc., 1.50%, 03/10/2026(b) |
$ |
1,068,000 |
|
$ | 1,046,066 | |||
|
Trinity Acquisition PLC, 4.40%, 03/15/2026 |
1,184,000 | 1,268,265 | ||||||
|
|
|
|||||||
| 18,581,884 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.50% |
|
|||||||
|
Alphabet, Inc., 2.00%, 08/15/2026 |
4,286,000 | 4,297,794 | ||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.85% |
|
|||||||
|
Amazon.com, Inc., 1.00%, 05/12/2026(b) |
5,901,000 | 5,689,081 | ||||||
|
eBay, Inc., 1.40%, 05/10/2026(b) |
1,610,000 | 1,544,694 | ||||||
|
|
|
|||||||
| 7,233,775 | ||||||||
|
|
|
|||||||
|
IT Services-2.58% |
||||||||
|
Broadridge Financial Solutions, Inc., 3.40%, 06/27/2026(b) |
1,076,000 | 1,120,528 | ||||||
|
DXC Technology Co., 1.80%, 09/15/2026(b) |
1,505,000 | 1,438,207 | ||||||
|
Fidelity National Information Services, Inc., 1.15%, 03/01/2026(b) |
2,680,000 | 2,533,515 | ||||||
|
Fiserv, Inc., 3.20%, 07/01/2026 |
4,290,000 | 4,380,527 | ||||||
|
Global Payments, Inc. |
||||||||
|
1.20%, 03/01/2026(b) |
2,358,000 | 2,228,480 | ||||||
|
4.80%, 04/01/2026 |
1,605,000 | 1,723,490 | ||||||
|
International Business Machines Corp., 3.45%, 02/19/2026(b) |
2,890,000 | 3,022,903 | ||||||
|
Mastercard, Inc., 2.95%, 11/21/2026(b) |
1,608,000 | 1,669,184 | ||||||
|
PayPal Holdings, Inc., 2.65%, 10/01/2026 |
2,679,000 | 2,707,824 | ||||||
|
Western Union Co. (The), 1.35%, 03/15/2026 |
1,287,000 | 1,229,131 | ||||||
|
|
|
|||||||
| 22,053,789 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.18% |
||||||||
|
Hasbro, Inc., 3.55%, 11/19/2026 |
1,451,000 | 1,499,036 | ||||||
|
|
|
|||||||
|
Machinery-1.84% |
||||||||
|
Caterpillar Financial Services Corp. |
||||||||
|
0.90%, 03/02/2026 |
1,606,000 | 1,532,859 | ||||||
|
1.15%, 09/14/2026(b) |
1,074,000 | 1,026,698 | ||||||
|
CNH Industrial Capital LLC |
||||||||
|
1.88%, 01/15/2026(b) |
1,070,000 | 1,043,735 | ||||||
|
1.45%, 07/15/2026 |
1,285,000 | 1,221,540 | ||||||
|
Fortive Corp., 3.15%, 06/15/2026 |
1,932,000 | 1,996,945 | ||||||
|
Illinois Tool Works, Inc., 2.65%, 11/15/2026 |
2,143,000 | 2,194,256 | ||||||
|
John Deere Capital Corp. |
||||||||
|
0.70%, 01/15/2026(b) |
1,856,000 | 1,759,501 | ||||||
|
2.65%, 06/10/2026 |
1,069,000 | 1,091,986 | ||||||
|
1.05%, 06/17/2026 |
1,184,000 | 1,136,927 | ||||||
|
Wabtec Corp., 3.45%, 11/15/2026(b) |
1,607,000 | 1,629,663 | ||||||
|
Xylem, Inc., 3.25%, 11/01/2026 |
1,075,000 | 1,110,511 | ||||||
|
|
|
|||||||
| 15,744,621 | ||||||||
|
|
|
|||||||
|
Media-1.35% |
||||||||
|
Comcast Corp., 3.15%, 03/01/2026 |
4,716,000 | 4,888,569 | ||||||
|
Discovery Communications LLC, 4.90%, 03/11/2026 |
1,506,000 | 1,612,634 | ||||||
|
Omnicom Group, Inc./Omnicom Capital, Inc., 3.60%, 04/15/2026 |
3,085,000 | 3,221,133 | ||||||
|
Paramount Global, 4.00%, 01/15/2026 |
1,713,000 | 1,785,568 | ||||||
|
|
|
|||||||
| 11,507,904 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
34 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Multiline Retail-0.26% |
||||||||
|
Target Corp., 2.50%, 04/15/2026(b) |
$ | 2,146,000 | $ | 2,181,571 | ||||
|
|
|
|||||||
|
Multi-Utilities-0.54% |
||||||||
|
CenterPoint Energy, Inc., 1.45%, 06/01/2026(b) |
1,075,000 | 1,031,377 | ||||||
|
Dominion Energy, Inc., Series A, 1.45%, 04/15/2026 |
1,285,000 | 1,238,345 | ||||||
|
DTE Energy Co., 2.85%, 10/01/2026 |
1,287,000 | 1,301,111 | ||||||
|
San Diego Gas & Electric Co., 2.50%, 05/15/2026 |
1,069,000 | 1,081,279 | ||||||
|
|
|
|||||||
| 4,652,112 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-7.35% |
||||||||
|
Chevron Corp., 2.95%, 05/16/2026 |
4,646,000 | 4,799,509 | ||||||
|
ConocoPhillips, 4.95%, 03/15/2026(b) |
2,583,000 | 2,831,216 | ||||||
|
Diamondback Energy, Inc., 3.25%, 12/01/2026(b) |
1,720,000 | 1,759,220 | ||||||
|
Enbridge, Inc. (Canada) |
||||||||
|
1.60%, 10/04/2026 |
1,075,000 | 1,026,604 | ||||||
|
4.25%, 12/01/2026 |
1,608,000 | 1,715,976 | ||||||
|
Energy Transfer L.P. |
||||||||
|
4.75%, 01/15/2026 |
2,065,000 | 2,195,962 | ||||||
|
3.90%, 07/15/2026 |
1,175,000 | 1,218,932 | ||||||
|
Enterprise Products Operating LLC, 3.70%, 02/15/2026 |
1,880,000 | 1,965,541 | ||||||
|
EOG Resources, Inc., 4.15%, 01/15/2026 |
1,613,000 | 1,722,397 | ||||||
|
Equinor ASA (Norway), 1.75%, 01/22/2026 |
1,613,000 | 1,583,842 | ||||||
|
Exxon Mobil Corp. |
||||||||
|
3.04%, 03/01/2026 |
5,357,000 | 5,542,241 | ||||||
|
2.28%, 08/16/2026(b) |
2,145,000 | 2,158,443 | ||||||
|
HollyFrontier Corp., 5.88%, 04/01/2026 |
2,149,000 | 2,332,353 | ||||||
|
Kinder Morgan, Inc., 1.75%, 11/15/2026(b) |
1,075,000 | 1,028,917 | ||||||
|
Magellan Midstream Partners L.P., 5.00%, 03/01/2026 |
1,389,000 | 1,504,563 | ||||||
|
MPLX L.P., 1.75%, 03/01/2026 |
3,215,000 | 3,085,096 | ||||||
|
ONEOK, Inc., 5.85%, 01/15/2026(b) |
1,290,000 | 1,442,601 | ||||||
|
Ovintiv Exploration, Inc., 5.38%, 01/01/2026(b) |
1,481,000 | 1,600,814 | ||||||
|
Phillips 66, 1.30%, 02/15/2026 |
1,071,000 | 1,020,502 | ||||||
|
Phillips 66 Partners L.P., 3.55%, 10/01/2026 |
1,036,000 | 1,067,265 | ||||||
|
Pioneer Natural Resources Co., 1.13%, 01/15/2026 |
1,606,000 | 1,526,417 | ||||||
|
Plains All American Pipeline L.P./PAA Finance Corp., 4.50%, 12/15/2026 |
1,613,000 | 1,722,638 | ||||||
|
Sabine Pass Liquefaction LLC, 5.88%, 06/30/2026 |
3,218,000 | 3,572,986 | ||||||
|
Shell International Finance B.V. (Netherlands) |
||||||||
|
2.88%, 05/10/2026(b) |
3,751,000 | 3,862,615 | ||||||
|
2.50%, 09/12/2026 |
2,149,000 | 2,176,339 | ||||||
|
Spectra Energy Partners L.P., 3.38%, 10/15/2026 |
1,288,000 | 1,327,279 | ||||||
|
TransCanada PipeLines Ltd. (Canada), 4.88%, 01/15/2026(b) |
1,823,000 | 1,974,110 | ||||||
|
Transcontinental Gas Pipe Line Co. LLC, 7.85%, 02/01/2026 |
2,067,000 | 2,438,984 | ||||||
|
Valero Energy Corp., 3.40%, 09/15/2026 |
2,578,000 | 2,654,936 | ||||||
|
|
|
|||||||
| 62,858,298 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Personal Products-0.18% |
||||||||
|
Unilever Capital Corp. (United Kingdom), 2.00%, 07/28/2026 |
$ | 1,543,000 | $ | 1,527,009 | ||||
|
|
|
|||||||
|
Pharmaceuticals-2.84% |
||||||||
|
Astrazeneca Finance LLC (United Kingdom), 1.20%, 05/28/2026 |
2,680,000 | 2,566,832 | ||||||
|
AstraZeneca PLC (United Kingdom), 0.70%, 04/08/2026 |
2,570,000 | 2,420,469 | ||||||
|
Johnson & Johnson, 2.45%, 03/01/2026 |
4,286,000 | 4,361,359 | ||||||
|
Merck & Co., Inc., 0.75%, 02/24/2026(b) |
2,147,000 | 2,047,790 | ||||||
|
Perrigo Finance Unlimited Co., 4.38%, 03/15/2026 |
1,200,000 | 1,204,464 | ||||||
|
Pfizer, Inc. |
||||||||
|
2.75%, 06/03/2026 |
2,685,000 | 2,760,855 | ||||||
|
3.00%, 12/15/2026(b) |
3,749,000 | 3,889,587 | ||||||
|
Utah Acquisition Sub, Inc., 3.95%, 06/15/2026(b) |
4,820,000 | 4,995,301 | ||||||
|
|
|
|||||||
| 24,246,657 | ||||||||
|
|
|
|||||||
|
Professional Services-0.13% |
||||||||
|
Thomson Reuters Corp. (Canada), 3.35%, 05/15/2026 |
1,069,000 | 1,107,186 | ||||||
|
|
|
|||||||
|
Road & Rail-0.85% |
||||||||
|
Canadian National Railway Co. (Canada), 2.75%, 03/01/2026 |
1,071,000 | 1,091,282 | ||||||
|
Canadian Pacific Railway Co. (Canada), 1.75%, 12/02/2026 |
2,140,000 | 2,078,495 | ||||||
|
CSX Corp., 2.60%, 11/01/2026 |
1,503,000 | 1,526,962 | ||||||
|
Norfolk Southern Corp., 2.90%, 06/15/2026 |
1,288,000 | 1,320,273 | ||||||
|
Union Pacific Corp., 2.75%, 03/01/2026 |
1,205,000 | 1,223,963 | ||||||
|
|
|
|||||||
| 7,240,975 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-1.12% |
|
|||||||
|
Analog Devices, Inc., 3.50%, 12/05/2026(b) |
1,934,000 | 2,038,572 | ||||||
|
Intel Corp., 2.60%, 05/19/2026(b) |
2,146,000 | 2,190,881 | ||||||
|
Marvell Technology, Inc., 1.65%, 04/15/2026 |
1,068,000 | 1,029,733 | ||||||
|
NVIDIA Corp., 3.20%, 09/16/2026 |
2,142,000 | 2,237,005 | ||||||
|
Skyworks Solutions, Inc., 1.80%, 06/01/2026(b) |
1,075,000 | 1,028,238 | ||||||
|
Texas Instruments, Inc., 1.13%, 09/15/2026(b) |
1,075,000 | 1,037,997 | ||||||
|
|
|
|||||||
| 9,562,426 | ||||||||
|
|
|
|||||||
|
Software-3.09% |
||||||||
|
Citrix Systems, Inc., 1.25%, 03/01/2026 |
1,606,000 | 1,585,507 | ||||||
|
Fortinet, Inc., 1.00%, 03/15/2026(b) |
1,075,000 | 1,009,228 | ||||||
|
Microsoft Corp., 2.40%, 08/08/2026 |
8,578,000 | 8,727,365 | ||||||
|
Oracle Corp. |
||||||||
|
1.65%, 03/25/2026(b) |
5,899,000 | 5,659,091 | ||||||
|
2.65%, 07/15/2026 |
6,432,000 | 6,397,348 | ||||||
|
VMware, Inc., 1.40%, 08/15/2026(b) |
3,212,000 | 3,048,430 | ||||||
|
|
|
|||||||
| 26,426,969 | ||||||||
|
|
|
|||||||
|
Specialty Retail-3.11% |
||||||||
|
Dell International LLC/EMC Corp. |
||||||||
|
6.02%, 06/15/2026 |
9,249,000 | 10,334,451 | ||||||
|
4.90%, 10/01/2026 |
3,694,000 | 4,006,925 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
35 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Specialty Retail-(continued) |
||||||||
|
Home Depot, Inc. (The) |
||||||||
|
3.00%, 04/01/2026(b) |
$ | 2,788,000 | $ | 2,884,089 | ||||
|
2.13%, 09/15/2026 |
2,148,000 | 2,150,418 | ||||||
|
Lowe’s Cos., Inc., 2.50%, 04/15/2026(b) |
2,894,000 | 2,929,700 | ||||||
|
O’Reilly Automotive, Inc., 3.55%, 03/15/2026 |
1,068,000 | 1,113,743 | ||||||
|
Ross Stores, Inc., 0.88%, 04/15/2026(b) |
1,071,000 | 1,014,211 | ||||||
|
TJX Cos., Inc. (The), 2.25%, 09/15/2026(b) |
2,146,000 | 2,155,883 | ||||||
|
|
|
|||||||
| 26,589,420 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-3.31% |
|
|||||||
|
Apple, Inc. |
||||||||
|
0.70%, 02/08/2026(b) |
5,364,000 | 5,131,820 | ||||||
|
3.25%, 02/23/2026 |
6,969,000 | 7,285,283 | ||||||
|
2.45%, 08/04/2026 |
4,820,000 | 4,900,489 | ||||||
|
2.05%, 09/11/2026(b) |
4,293,000 | 4,287,986 | ||||||
|
Hewlett Packard Enterprise Co., 1.75%, 04/01/2026(b) |
1,613,000 | 1,558,381 | ||||||
|
Western Digital Corp., 4.75%, 02/15/2026(b) |
4,930,000 | 5,127,841 | ||||||
|
|
|
|||||||
| 28,291,800 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.25% |
| |||||||
|
NIKE, Inc., 2.38%, 11/01/2026 |
2,146,000 | 2,174,537 | ||||||
|
|
|
|||||||
|
Tobacco-1.10% |
||||||||
|
Altria Group, Inc., 2.63%, 09/16/2026(b) |
1,077,000 | 1,078,115 | ||||||
|
BAT Capital Corp. (United Kingdom), 3.22%, 09/06/2026 |
2,145,000 | 2,146,072 | ||||||
|
BAT International Finance PLC (United Kingdom), 1.67%, 03/25/2026 |
3,215,000 | 3,057,096 | ||||||
|
Philip Morris International, Inc. |
||||||||
|
2.75%, 02/25/2026(b) |
1,611,000 | 1,626,458 | ||||||
|
0.88%, 05/01/2026 |
1,613,000 | 1,519,220 | ||||||
|
|
|
|||||||
| 9,426,961 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.65% |
| |||||||
|
Air Lease Corp. |
||||||||
|
2.88%, 01/15/2026 |
3,106,000 | 3,098,380 | ||||||
|
1.88%, 08/15/2026 |
2,569,000 | 2,438,612 | ||||||
|
|
|
|||||||
| 5,536,992 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Wireless Telecommunication Services-0.96% |
| |||||||
|
Rogers Communications, Inc. (Canada), 2.90%, 11/15/2026 |
$ | 1,076,000 | $ | 1,098,414 | ||||
|
T-Mobile USA, Inc. |
||||||||
|
2.25%, 02/15/2026(b) |
1,778,000 | 1,717,806 | ||||||
|
2.63%, 04/15/2026(b) |
2,570,000 | 2,514,167 | ||||||
|
3.50%, 04/15/2031(b) |
2,890,000 | 2,840,364 | ||||||
|
|
|
|||||||
| 8,170,751 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
845,133,069 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.36% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
3,098,778 | 3,098,778 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES (excluding investments
purchased with cash collateral from securities on loan)-99.22% |
848,231,847 | |||||||
|
|
|
|||||||
|
Investments Purchased with Cash Collateral |
| |||||||
|
Money Market Funds-7.88% |
| |||||||
|
Invesco Private Government Fund, 0.12%(c)(d)(e) |
20,122,934 | 20,122,934 | ||||||
|
Invesco Private Prime Fund, |
47,198,459 | 47,203,180 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
67,326,114 | ||||||
|
TOTAL INVESTMENTS IN SECURITIES-107.10% |
|
915,557,961 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(7.10)% |
|
(60,704,638 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 854,853,323 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
36 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 308,700 | $ | 24,504,794 | $ | (21,714,716 | ) | $ | - | $ | - | $ | 3,098,778 | $ | 305 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
19,023,489 | 39,249,099 | (38,149,654 | ) | - | - | 20,122,934 | 2,662 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
44,388,142 | 67,941,575 | (65,112,535 | ) | (6,418 | ) | (7,584 | ) | 47,203,180 | 23,742 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 63,720,331 | $ | 131,695,468 | $ | (124,976,905 | ) | $ | (6,418 | ) | $ | (7,584 | ) | $ | 70,424,892 | $ | 26,709 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
31.13 | |||||||
|
Information Technology |
11.38 | |||||||
|
Health Care |
10.14 | |||||||
|
Consumer Discretionary |
8.32 | |||||||
|
Industrials |
7.89 | |||||||
|
Energy |
7.65 | |||||||
|
Communication Services |
6.31 | |||||||
|
Consumer Staples |
5.73 | |||||||
|
Real Estate |
4.83 | |||||||
|
Utilities |
4.25 | |||||||
|
Materials |
1.23 | |||||||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.14 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
37 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.96% |
| |||||||
|
Aerospace & Defense-2.35% |
||||||||
|
Boeing Co. (The), 5.04%, 05/01/2027 |
$ | 2,872,000 | $ | 3,122,872 | ||||
|
General Dynamics Corp. |
||||||||
|
3.50%, 04/01/2027 |
1,078,000 | 1,137,749 | ||||||
|
2.63%, 11/15/2027 |
723,000 | 729,202 | ||||||
|
Howmet Aerospace, Inc., 5.90%, 02/01/2027(b) |
863,000 | 938,853 | ||||||
|
Huntington Ingalls Industries, Inc., 3.48%, 12/01/2027(b) |
862,000 | 886,291 | ||||||
|
Northrop Grumman Corp., 3.20%, 02/01/2027 |
1,074,000 | 1,101,908 | ||||||
|
Raytheon Technologies Corp., 3.13%, 05/04/2027(b) |
1,578,000 | 1,625,742 | ||||||
|
|
|
|||||||
| 9,542,617 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.37% |
||||||||
|
United Parcel Service, Inc., 3.05%, 11/15/2027(b) |
1,433,000 | 1,496,546 | ||||||
|
|
|
|||||||
|
Airlines-0.79% |
||||||||
|
Southwest Airlines Co., 5.13%, 06/15/2027 |
2,872,000 | 3,189,083 | ||||||
|
|
|
|||||||
|
Auto Components-0.63% |
||||||||
|
BorgWarner, Inc., 2.65%, 07/01/2027(b) |
1,522,000 | 1,519,157 | ||||||
|
Lear Corp., 3.80%, 09/15/2027(b) |
996,000 | 1,038,843 | ||||||
|
|
|
|||||||
| 2,558,000 | ||||||||
|
|
|
|||||||
|
Automobiles-2.73% |
||||||||
|
American Honda Finance Corp., 2.35%, 01/08/2027 |
722,000 | 721,982 | ||||||
|
General Motors Co. |
||||||||
|
4.20%, 10/01/2027(b) |
1,033,000 | 1,086,030 | ||||||
|
6.80%, 10/01/2027 |
1,441,000 | 1,699,544 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
4.35%, 01/17/2027 |
1,798,000 | 1,892,456 | ||||||
|
2.35%, 02/26/2027(b) |
1,500,000 | 1,456,064 | ||||||
|
2.70%, 08/20/2027 |
1,294,000 | 1,268,682 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
3.20%, 01/11/2027 |
1,081,000 | 1,128,498 | ||||||
|
1.90%, 01/13/2027(b) |
1,080,000 | 1,063,043 | ||||||
|
1.15%, 08/13/2027 |
827,000 | 777,314 | ||||||
|
|
|
|||||||
| 11,093,613 | ||||||||
|
|
|
|||||||
|
Banks-11.50% |
||||||||
|
Banco Santander S.A. (Spain), 4.25%, 04/11/2027 |
1,400,000 | 1,480,513 | ||||||
|
Bank of America Corp. |
||||||||
|
3.25%, 10/21/2027 |
3,590,000 | 3,673,139 | ||||||
|
Series L, 4.18%, 11/25/2027 |
2,765,000 | 2,909,278 | ||||||
|
Citigroup, Inc., 4.45%, 09/29/2027 |
5,329,000 | 5,701,380 | ||||||
|
Fifth Third Bancorp, 2.55%, 05/05/2027 |
1,076,000 | 1,076,916 | ||||||
|
Fifth Third Bank N.A., 2.25%, 02/01/2027(b) |
1,000,000 | 995,988 | ||||||
|
JPMorgan Chase & Co. |
||||||||
|
8.00%, 04/29/2027 |
715,000 | 890,426 | ||||||
|
4.25%, 10/01/2027 |
2,078,000 | 2,226,310 | ||||||
|
3.63%, 12/01/2027 |
1,525,000 | 1,581,538 | ||||||
|
KeyCorp, 2.25%, 04/06/2027 |
1,149,000 | 1,133,089 | ||||||
| Principal Amount |
Value | |||||||
|
Banks-(continued) |
||||||||
|
Lloyds Banking Group PLC (United Kingdom), 3.75%, 01/11/2027 |
$ | 1,850,000 | $ | 1,922,845 | ||||
|
Manufacturers and Traders Trust Co., 3.40%, 08/17/2027 |
750,000 | 779,192 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
3.68%, 02/22/2027(b) |
1,387,000 | 1,454,022 | ||||||
|
3.29%, 07/25/2027(b) |
1,433,000 | 1,475,059 | ||||||
|
Mizuho Financial Group, Inc. (Japan) |
||||||||
|
3.66%, 02/28/2027(b) |
800,000 | 834,919 | ||||||
|
3.17%, 09/11/2027 |
1,500,000 | 1,529,046 | ||||||
|
PNC Bank N.A., 3.10%, 10/25/2027 |
1,400,000 | 1,449,635 | ||||||
|
PNC Financial Services Group, Inc. (The), 3.15%, 05/19/2027(b) |
1,075,000 | 1,116,255 | ||||||
|
Santander Holdings USA, Inc., 4.40%, 07/13/2027 |
1,453,000 | 1,532,962 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
||||||||
|
3.45%, 01/11/2027(b) |
1,791,000 | 1,853,269 | ||||||
|
2.17%, 01/14/2027(b) |
800,000 | 781,971 | ||||||
|
3.36%, 07/12/2027 |
2,478,000 | 2,563,423 | ||||||
|
3.35%, 10/18/2027(b) |
995,000 | 1,025,732 | ||||||
|
Truist Financial Corp., 1.13%, 08/03/2027 |
1,028,000 | 955,407 | ||||||
|
U.S. Bancorp, Series X, 3.15%, 04/27/2027(b) |
1,864,000 | 1,937,535 | ||||||
|
Wells Fargo & Co., 4.30%, 07/22/2027 |
3,594,000 | 3,841,919 | ||||||
|
|
|
|||||||
| 46,721,768 | ||||||||
|
|
|
|||||||
|
Beverages-2.00% |
||||||||
|
Coca-Cola Co. (The) |
||||||||
|
3.38%, 03/25/2027 |
1,441,000 | 1,520,929 | ||||||
|
2.90%, 05/25/2027 |
717,000 | 739,772 | ||||||
|
1.45%, 06/01/2027(b) |
2,192,000 | 2,104,902 | ||||||
|
Constellation Brands, Inc., 3.50%, 05/09/2027 |
687,000 | 713,679 | ||||||
|
PepsiCo, Inc. |
||||||||
|
2.63%, 03/19/2027(b) |
797,000 | 806,890 | ||||||
|
3.00%, 10/15/2027(b) |
2,156,000 | 2,225,967 | ||||||
|
|
|
|||||||
| 8,112,139 | ||||||||
|
|
|
|||||||
|
Biotechnology-1.67% |
||||||||
|
Amgen, Inc. |
||||||||
|
2.20%, 02/21/2027 |
2,516,000 | 2,485,449 | ||||||
|
3.20%, 11/02/2027(b) |
1,436,000 | 1,486,605 | ||||||
|
Gilead Sciences, Inc. |
||||||||
|
2.95%, 03/01/2027 |
1,799,000 | 1,837,843 | ||||||
|
1.20%, 10/01/2027(b) |
1,028,000 | 957,315 | ||||||
|
|
|
|||||||
| 6,767,212 | ||||||||
|
|
|
|||||||
|
Building Products-0.22% |
||||||||
|
Carlisle Cos., Inc., |
||||||||
|
3.75%, 12/01/2027 |
866,000 | 907,801 | ||||||
|
|
|
|||||||
|
Capital Markets-5.82% |
||||||||
|
Ares Capital Corp., 2.88%, 06/15/2027 |
800,000 | 764,880 | ||||||
|
Bank of New York Mellon Corp. (The), 3.25%, 05/16/2027 |
1,073,000 | 1,115,748 | ||||||
|
BlackRock, Inc., 3.20%, 03/15/2027 |
1,008,000 | 1,054,726 | ||||||
|
Cboe Global Markets, Inc., 3.65%, 01/12/2027 |
929,000 | 977,187 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
38 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Capital Markets-(continued) |
||||||||
|
Charles Schwab Corp. (The) |
||||||||
|
3.20%, 03/02/2027 |
$ | 865,000 | $ | 899,045 | ||||
|
3.30%, 04/01/2027 |
1,069,000 | 1,113,787 | ||||||
|
Goldman Sachs Group, Inc. (The) |
||||||||
|
5.95%, 01/15/2027 |
1,164,000 | 1,313,061 | ||||||
|
3.85%, 01/26/2027(b) |
4,312,000 | 4,498,074 | ||||||
|
Jefferies Group LLC/Jefferies Group Capital Finance, Inc., 4.85%, 01/15/2027 |
1,026,000 | 1,119,979 | ||||||
|
Morgan Stanley |
||||||||
|
3.63%, 01/20/2027 |
4,306,000 | 4,493,249 | ||||||
|
3.95%, 04/23/2027 |
2,872,000 | 3,034,964 | ||||||
|
Nomura Holdings, Inc. (Japan), 2.33%, 01/22/2027 |
2,000,000 | 1,934,668 | ||||||
|
Owl Rock Capital Corp., 2.63%, 01/15/2027 |
720,000 | 658,465 | ||||||
|
S&P Global, Inc., 2.95%, 01/22/2027 |
661,000 | 678,399 | ||||||
|
|
|
|||||||
| 23,656,232 | ||||||||
|
|
|
|||||||
|
Chemicals-1.71% |
||||||||
|
Air Products and Chemicals, Inc., 1.85%, 05/15/2027 |
937,000 | 921,607 | ||||||
|
Ecolab, Inc. |
||||||||
|
1.65%, 02/01/2027(b) |
690,000 | 671,885 | ||||||
|
3.25%, 12/01/2027 |
716,000 | 751,238 | ||||||
|
LYB International Finance II B.V., 3.50%, 03/02/2027 |
1,324,000 | 1,379,986 | ||||||
|
Mosaic Co. (The), 4.05%, 11/15/2027(b) |
1,002,000 | 1,061,247 | ||||||
|
Sherwin-Williams Co. (The), 3.45%, 06/01/2027 |
2,061,000 | 2,147,606 | ||||||
|
|
|
|||||||
| 6,933,569 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.85% |
| |||||||
|
Cintas Corp. No. 2, 3.70%, 04/01/2027 |
1,396,000 | 1,476,622 | ||||||
|
Republic Services, Inc., 3.38%, 11/15/2027 |
901,000 | 931,752 | ||||||
|
Waste Management, Inc., 3.15%, 11/15/2027 |
995,000 | 1,025,762 | ||||||
|
|
|
|||||||
| 3,434,136 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.17% |
||||||||
|
Nokia OYJ (Finland), 4.38%, 06/12/2027(b) |
648,000 | 671,986 | ||||||
|
|
|
|||||||
|
Construction Materials-0.17% |
||||||||
|
Martin Marietta Materials, Inc., 3.50%, 12/15/2027 |
659,000 | 691,133 | ||||||
|
|
|
|||||||
|
Consumer Finance-1.57% |
||||||||
|
Capital One Financial Corp. |
||||||||
|
3.75%, 03/09/2027 |
1,940,000 | 2,029,499 | ||||||
|
3.65%, 05/11/2027(b) |
1,440,000 | 1,493,796 | ||||||
|
Discover Financial Services, 4.10%, 02/09/2027 |
1,324,000 | 1,387,378 | ||||||
|
Synchrony Financial, 3.95%, 12/01/2027 |
1,434,000 | 1,479,858 | ||||||
|
|
|
|||||||
| 6,390,531 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.18% |
||||||||
|
Packaging Corp. of America, 3.40%, 12/15/2027 |
689,000 | 713,303 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Diversified Financial Services-0.73% |
||||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
||||||||
|
3.65%, 07/21/2027(b) |
$ | 1,350,000 | $ | 1,374,188 | ||||
|
4.63%, 10/15/2027 |
800,000 | 845,753 | ||||||
|
ORIX Corp. (Japan), 3.70%, 07/18/2027 |
690,000 | 726,059 | ||||||
|
|
|
|||||||
| 2,946,000 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-3.83% |
|
|||||||
|
AT&T, Inc. |
||||||||
|
4.25%, 03/01/2027(b) |
2,143,000 | 2,311,565 | ||||||
|
2.30%, 06/01/2027 |
3,428,000 | 3,385,521 | ||||||
|
Telefonica Emisiones S.A. (Spain), 4.10%, 03/08/2027 |
2,150,000 | 2,275,748 | ||||||
|
TELUS Corp. (Canada) |
||||||||
|
2.80%, 02/16/2027 |
792,000 | 801,139 | ||||||
|
3.70%, 09/15/2027 |
633,000 | 668,030 | ||||||
|
Verizon Communications, Inc. |
||||||||
|
4.13%, 03/16/2027 |
4,667,000 | 4,996,887 | ||||||
|
3.00%, 03/22/2027 |
1,103,000 | 1,125,008 | ||||||
|
|
|
|||||||
| 15,563,898 | ||||||||
|
|
|
|||||||
|
Electric Utilities-3.01% |
||||||||
|
American Electric Power Co., Inc., 3.20%, 11/13/2027(b) |
660,000 | 676,060 | ||||||
|
Duke Energy Corp., 3.15%, 08/15/2027 |
1,103,000 | 1,127,865 | ||||||
|
Duke Energy Florida LLC, 3.20%, 01/15/2027 |
935,000 | 969,687 | ||||||
|
Edison International, 5.75%, 06/15/2027(b). |
866,000 | 962,912 | ||||||
|
ITC Holdings Corp., 3.35%, 11/15/2027 |
720,000 | 743,647 | ||||||
|
NextEra Energy Capital Holdings, Inc. |
||||||||
|
1.88%, 01/15/2027 |
1,440,000 | 1,395,196 | ||||||
|
3.55%, 05/01/2027 |
2,145,000 | 2,231,191 | ||||||
|
NSTAR Electric Co., 3.20%, 05/15/2027 |
1,003,000 | 1,038,076 | ||||||
|
Pacific Gas and Electric Co., 2.10%, 08/01/2027(b) |
1,347,000 | 1,253,434 | ||||||
|
Virginia Electric & Power Co., Series A, 3.50%, 03/15/2027(b) |
1,080,000 | 1,137,010 | ||||||
|
Xcel Energy, Inc., 1.75%, 03/15/2027 |
720,000 | 690,615 | ||||||
|
|
|
|||||||
| 12,225,693 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.40% |
||||||||
|
Eaton Corp., 3.10%, 09/15/2027(b) |
966,000 | 997,935 | ||||||
|
Emerson Electric Co., 1.80%, 10/15/2027 |
667,000 | 646,602 | ||||||
|
|
|
|||||||
| 1,644,537 | ||||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-0.27% |
|
|||||||
|
Keysight Technologies, Inc., 4.60%, 04/06/2027 |
1,008,000 | 1,103,212 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.67% |
||||||||
|
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.34%, 12/15/2027 |
1,933,000 | 1,996,025 | ||||||
|
Boardwalk Pipelines L.P., 4.45%, 07/15/2027 |
687,000 | 725,345 | ||||||
|
|
|
|||||||
| 2,721,370 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
39 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Entertainment-0.55% |
||||||||
|
TWDC Enterprises 18 Corp., 2.95%, 06/15/2027(b) |
$ | 1,434,000 | $ | 1,469,531 | ||||
|
Walt Disney Co. (The), 3.70%, 03/23/2027(b) |
716,000 | 760,177 | ||||||
|
|
|
|||||||
| 2,229,708 | ||||||||
|
|
|
|||||||
|
Equity REITs-3.80% |
||||||||
|
American Tower Corp. |
||||||||
|
2.75%, 01/15/2027 |
1,077,000 | 1,076,254 | ||||||
|
3.55%, 07/15/2027 |
1,076,000 | 1,106,605 | ||||||
|
Crown Castle International Corp. |
||||||||
|
4.00%, 03/01/2027 |
687,000 | 721,790 | ||||||
|
3.65%, 09/01/2027 |
1,374,000 | 1,423,459 | ||||||
|
Digital Realty Trust L.P., 3.70%, 08/15/2027 |
1,432,000 | 1,500,495 | ||||||
|
Healthcare Trust of America Holdings L.P., 3.75%, 07/01/2027(b) |
713,000 | 750,606 | ||||||
|
Mid-America Apartments L.P., 3.60%, 06/01/2027 |
793,000 | 835,580 | ||||||
|
Omega Healthcare Investors, Inc., 4.50%, 04/01/2027 |
1,009,000 | 1,066,747 | ||||||
|
Public Storage, 3.09%, 09/15/2027 |
719,000 | 747,329 | ||||||
|
Realty Income Corp. |
||||||||
|
3.00%, 01/15/2027 |
825,000 | 840,743 | ||||||
|
3.95%, 08/15/2027 |
815,000 | 866,962 | ||||||
|
Regency Centers L.P., 3.60%, 02/01/2027 |
754,000 | 792,046 | ||||||
|
Simon Property Group L.P. |
||||||||
|
1.38%, 01/15/2027(b) |
790,000 | 748,153 | ||||||
|
3.38%, 06/15/2027 |
1,073,000 | 1,107,851 | ||||||
|
3.38%, 12/01/2027 |
1,074,000 | 1,109,308 | ||||||
|
Welltower, Inc., 2.70%, 02/15/2027(b) |
722,000 | 729,988 | ||||||
|
|
|
|||||||
| 15,423,916 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.29% |
||||||||
|
Costco Wholesale Corp. |
||||||||
|
3.00%, 05/18/2027 |
1,435,000 | 1,489,916 | ||||||
|
1.38%, 06/20/2027 |
1,794,000 | 1,727,588 | ||||||
|
Kroger Co. (The), 3.70%, 08/01/2027(b) |
903,000 | 950,633 | ||||||
|
Sysco Corp., 3.25%, 07/15/2027(b) |
1,038,000 | 1,070,034 | ||||||
|
|
|
|||||||
| 5,238,171 | ||||||||
|
|
|
|||||||
|
Food Products-2.46% |
||||||||
|
Bunge Ltd. Finance Corp., 3.75%, 09/25/2027 |
864,000 | 899,571 | ||||||
|
Conagra Brands, Inc., 1.38%, 11/01/2027 |
1,301,000 | 1,196,512 | ||||||
|
General Mills, Inc., 3.20%, 02/10/2027(b) |
1,103,000 | 1,137,163 | ||||||
|
JM Smucker Co. (The), 3.38%, 12/15/2027(b) |
719,000 | 749,918 | ||||||
|
Kellogg Co., 3.40%, 11/15/2027(b) |
864,000 | 902,285 | ||||||
|
Kraft Heinz Foods Co. (The), 3.88%, 05/15/2027 |
1,870,000 | 1,943,304 | ||||||
|
McCormick & Co., Inc., 3.40%, 08/15/2027 |
1,103,000 | 1,147,818 | ||||||
|
Tyson Foods, Inc., 3.55%, 06/02/2027 |
1,941,000 | 2,019,656 | ||||||
|
|
|
|||||||
| 9,996,227 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.18% |
||||||||
|
Atmos Energy Corp., 3.00%, 06/15/2027(b) |
721,000 | 741,751 | ||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-0.64% |
|
|||||||
|
Becton, Dickinson and Co., 3.70%, 06/06/2027 |
2,475,000 | 2,599,728 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Health Care Providers & Services-5.33% |
|
|||||||
|
AmerisourceBergen Corp., 3.45%, 12/15/2027 |
$ | 1,103,000 | $ | 1,148,351 | ||||
|
Anthem, Inc., 3.65%, 12/01/2027 |
2,126,000 | 2,233,373 | ||||||
|
Cardinal Health, Inc., 3.41%, 06/15/2027(b) |
1,760,000 | 1,824,245 | ||||||
|
Cigna Corp. |
||||||||
|
3.40%, 03/01/2027 |
2,005,000 | 2,082,566 | ||||||
|
3.05%, 10/15/2027(b) |
758,000 | 774,520 | ||||||
|
CVS Health Corp. |
||||||||
|
3.63%, 04/01/2027 |
1,078,000 | 1,131,311 | ||||||
|
1.30%, 08/21/2027(b) |
3,085,000 | 2,879,255 | ||||||
|
HCA, Inc., 4.50%, 02/15/2027 |
1,722,000 | 1,827,649 | ||||||
|
Humana, Inc. |
||||||||
|
1.35%, 02/03/2027(b) |
1,030,000 | 972,716 | ||||||
|
3.95%, 03/15/2027 |
864,000 | 914,203 | ||||||
|
Kaiser Foundation Hospitals, 3.15%, 05/01/2027 |
797,000 | 827,368 | ||||||
|
Laboratory Corp. of America Holdings, 3.60%, 09/01/2027(b) |
794,000 | 827,587 | ||||||
|
SSM Health Care Corp., Series A, 3.82%, 06/01/2027(b) |
669,000 | 715,882 | ||||||
|
UnitedHealth Group, Inc. |
||||||||
|
3.45%, 01/15/2027(b) |
1,082,000 | 1,139,512 | ||||||
|
3.38%, 04/15/2027 |
895,000 | 941,134 | ||||||
|
2.95%, 10/15/2027 |
1,364,000 | 1,407,141 | ||||||
|
|
|
|||||||
| 21,646,813 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-1.31% |
||||||||
|
Darden Restaurants, Inc., 3.85%, 05/01/2027(b) |
717,000 | 755,899 | ||||||
|
Expedia Group, Inc., 4.63%, 08/01/2027 |
1,080,000 | 1,157,856 | ||||||
|
McDonald’s Corp. |
||||||||
|
3.50%, 03/01/2027 |
1,220,000 | 1,276,278 | ||||||
|
3.50%, 07/01/2027 |
1,376,000 | 1,444,174 | ||||||
|
Starbucks Corp., 2.00%, 03/12/2027 |
717,000 | 702,435 | ||||||
|
|
|
|||||||
| 5,336,642 | ||||||||
|
|
|
|||||||
|
Household Durables-0.87% |
||||||||
|
D.R. Horton, Inc., 1.40%, 10/15/2027(b) |
687,000 | 637,860 | ||||||
|
Leggett & Platt, Inc., 3.50%, 11/15/2027(b) . |
690,000 | 715,276 | ||||||
|
Lennar Corp., 4.75%, 11/29/2027(b) |
1,295,000 | 1,410,807 | ||||||
|
PulteGroup, Inc., 5.00%, 01/15/2027(b) |
718,000 | 784,316 | ||||||
|
|
|
|||||||
| 3,548,259 | ||||||||
|
|
|
|||||||
|
Household Products-0.64% |
||||||||
|
Kimberly-Clark Corp., 1.05%, 09/15/2027(b) |
827,000 | 777,380 | ||||||
|
Procter & Gamble Co. (The) |
||||||||
|
2.80%, 03/25/2027 |
716,000 | 738,026 | ||||||
|
2.85%, 08/11/2027(b) |
1,037,000 | 1,074,549 | ||||||
|
|
|
|||||||
| 2,589,955 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.87% |
||||||||
|
3M Co., 2.88%, 10/15/2027(b) |
1,224,000 | 1,260,106 | ||||||
|
Honeywell International, Inc., 1.10%, 03/01/2027(b) |
1,440,000 | 1,361,607 | ||||||
|
Roper Technologies, Inc., 1.40%, 09/15/2027 |
958,000 | 895,296 | ||||||
|
|
|
|||||||
| 3,517,009 | ||||||||
|
|
|
|||||||
|
Insurance-1.37% |
||||||||
|
American Equity Investment Life Holding Co., 5.00%, 06/15/2027 |
716,000 | 778,914 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
40 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Insurance-(continued) |
||||||||
|
Aon Corp., 8.21%, 01/01/2027 |
$ | 700,000 | $ | 842,852 | ||||
|
Brighthouse Financial, Inc., 3.70%, 06/22/2027(b) |
1,698,000 | 1,761,509 | ||||||
|
CNA Financial Corp., 3.45%, 08/15/2027 |
717,000 | 744,515 | ||||||
|
Manulife Financial Corp. (Canada), 2.48%, 05/19/2027 |
717,000 | 715,572 | ||||||
|
Progressive Corp. (The), 2.45%, 01/15/2027 |
723,000 | 731,826 | ||||||
|
|
|
|||||||
| 5,575,188 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.31% |
|
|||||||
|
Alphabet, Inc., 0.80%, 08/15/2027(b) |
1,371,000 | 1,278,301 | ||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-2.21% |
|
|||||||
|
Amazon.com, Inc. |
||||||||
|
1.20%, 06/03/2027 |
1,794,000 | 1,708,122 | ||||||
|
3.15%, 08/22/2027 |
5,023,000 | 5,258,200 | ||||||
|
eBay, Inc., 3.60%, 06/05/2027(b) |
1,220,000 | 1,279,540 | ||||||
|
QVC, Inc., 4.75%, 02/15/2027 |
797,000 | 742,501 | ||||||
|
|
|
|||||||
| 8,988,363 | ||||||||
|
|
|
|||||||
|
IT Services-2.52% |
||||||||
|
Fiserv, Inc., 2.25%, 06/01/2027(b) |
1,441,000 | 1,410,255 | ||||||
|
Global Payments, Inc., 2.15%, 01/15/2027 |
1,080,000 | 1,043,456 | ||||||
|
International Business Machines Corp. |
||||||||
|
3.30%, 01/27/2027(b) |
700,000 | 731,683 | ||||||
|
1.70%, 05/15/2027 |
1,730,000 | 1,664,557 | ||||||
|
Mastercard, Inc., 3.30%, 03/26/2027 |
1,441,000 | 1,516,169 | ||||||
|
Visa, Inc. |
||||||||
|
1.90%, 04/15/2027 |
2,154,000 | 2,124,536 | ||||||
|
0.75%, 08/15/2027 |
666,000 | 617,953 | ||||||
|
2.75%, 09/15/2027 |
1,078,000 | 1,106,536 | ||||||
|
|
|
|||||||
| 10,215,145 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.17% |
||||||||
|
Hasbro, Inc., 3.50%, 09/15/2027 |
666,000 | 685,756 | ||||||
|
|
|
|||||||
|
Machinery-1.56% |
||||||||
|
Caterpillar Financial Services Corp. |
||||||||
|
1.70%, 01/08/2027 |
800,000 | 782,321 | ||||||
|
1.10%, 09/14/2027(b) |
998,000 | 940,372 | ||||||
|
CNH Industrial N.V. (United Kingdom), 3.85%, 11/15/2027(b) |
718,000 | 750,987 | ||||||
|
John Deere Capital Corp. |
||||||||
|
1.70%, 01/11/2027(b) |
800,000 | 783,955 | ||||||
|
1.75%, 03/09/2027 |
721,000 | 707,644 | ||||||
|
2.80%, 09/08/2027 |
652,000 | 669,522 | ||||||
|
Otis Worldwide Corp., 2.29%, 04/05/2027(b) |
717,000 | 707,543 | ||||||
|
Parker-Hannifin Corp., 3.25%, 03/01/2027 |
956,000 | 990,706 | ||||||
|
|
|
|||||||
| 6,333,050 | ||||||||
|
|
|
|||||||
|
Media-1.48% |
||||||||
|
Comcast Corp. |
||||||||
|
2.35%, 01/15/2027(b) |
2,096,000 | 2,091,401 | ||||||
|
3.30%, 02/01/2027 |
1,793,000 | 1,863,870 | ||||||
|
3.30%, 04/01/2027 |
1,039,000 | 1,080,761 | ||||||
|
Paramount Global, 2.90%, 01/15/2027(b) |
956,000 | 959,790 | ||||||
|
|
|
|||||||
| 5,995,822 | ||||||||
|
|
|
|||||||
|
Multiline Retail-0.22% |
||||||||
|
Dollar General Corp., 3.88%, 04/15/2027 |
863,000 | 914,108 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Multi-Utilities-0.97% |
||||||||
|
Ameren Corp., 1.95%, 03/15/2027 |
$ | 720,000 | $ | 696,734 | ||||
|
NiSource, Inc., 3.49%, 05/15/2027 |
1,434,000 | 1,481,118 | ||||||
|
Sempra Energy, 3.25%, 06/15/2027 |
1,105,000 | 1,130,936 | ||||||
|
WEC Energy Group, Inc., 1.38%, 10/15/2027 |
687,000 | 640,043 | ||||||
|
|
|
|||||||
| 3,948,831 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-7.50% |
||||||||
|
BP Capital Markets America, Inc., 3.54%, 04/06/2027 |
716,000 | 744,993 | ||||||
|
BP Capital Markets PLC (United Kingdom), 3.28%, 09/19/2027(b) |
2,158,000 | 2,222,890 | ||||||
|
Canadian Natural Resources Ltd. (Canada), 3.85%, 06/01/2027 |
1,728,000 | 1,805,178 | ||||||
|
Cenovus Energy, Inc. (Canada), 4.25%, 04/15/2027(b) |
1,381,000 | 1,458,727 | ||||||
|
Cheniere Corpus Christi Holdings LLC, 5.13%, 06/30/2027 |
2,155,000 | 2,353,648 | ||||||
|
Chevron Corp., 2.00%, 05/11/2027 |
1,386,000 | 1,368,117 | ||||||
|
Chevron USA, Inc., 1.02%, 08/12/2027 |
1,028,000 | 962,867 | ||||||
|
Concho Resources, Inc., 3.75%, 10/01/2027(b) |
864,000 | 899,883 | ||||||
|
Enbridge, Inc. (Canada), 3.70%, 07/15/2027 |
1,001,000 | 1,045,917 | ||||||
|
Energy Transfer L.P. |
||||||||
|
4.40%, 03/15/2027 |
966,000 | 1,015,072 | ||||||
|
4.20%, 04/15/2027 |
865,000 | 898,543 | ||||||
|
4.00%, 10/01/2027 |
1,080,000 | 1,118,386 | ||||||
|
Enterprise Products Operating LLC, 3.95%, 02/15/2027 |
824,000 | 869,937 | ||||||
|
Equinor ASA (Norway), 3.00%, 04/06/2027 |
696,000 | 714,974 | ||||||
|
Exxon Mobil Corp., 3.29%, 03/19/2027(b) |
1,441,000 | 1,512,234 | ||||||
|
Hess Corp., 4.30%, 04/01/2027 |
1,436,000 | 1,520,576 | ||||||
|
Marathon Oil Corp., 4.40%, 07/15/2027(b) |
1,369,000 | 1,455,745 | ||||||
|
MPLX L.P., 4.13%, 03/01/2027 |
1,791,000 | 1,886,500 | ||||||
|
ONEOK, Inc., 4.00%, 07/13/2027 |
684,000 | 712,836 | ||||||
|
Sabine Pass Liquefaction LLC, 5.00%, 03/15/2027 |
2,137,000 | 2,322,140 | ||||||
|
TC PipeLines L.P., 3.90%, 05/25/2027 |
694,000 | 736,721 | ||||||
|
Valero Energy Corp., 2.15%, 09/15/2027(b) |
777,000 | 755,802 | ||||||
|
Williams Cos., Inc. (The), 3.75%, 06/15/2027 |
1,988,000 | 2,075,697 | ||||||
|
|
|
|||||||
| 30,457,383 | ||||||||
|
|
|
|||||||
|
Personal Products-0.56% |
||||||||
|
Estee Lauder Cos., Inc. (The), 3.15%, 03/15/2027 |
716,000 | 746,933 | ||||||
|
Unilever Capital Corp. (United Kingdom), 2.90%, 05/05/2027(b) |
1,475,000 | 1,509,491 | ||||||
|
|
|
|||||||
| 2,256,424 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-4.00% |
||||||||
|
AstraZeneca PLC (United Kingdom), 3.13%, 06/12/2027 |
1,074,000 | 1,115,412 | ||||||
|
Bristol-Myers Squibb Co. |
||||||||
|
3.25%, 02/27/2027(b) |
1,035,000 | 1,085,906 | ||||||
|
1.13%, 11/13/2027(b) |
1,331,000 | 1,255,325 | ||||||
|
Eli Lilly and Co., 3.10%, 05/15/2027 |
528,000 | 548,222 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
41 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Pharmaceuticals-(continued) |
||||||||
|
Johnson & Johnson |
||||||||
|
2.95%, 03/03/2027 |
$ | 1,434,000 | $ | 1,486,544 | ||||
|
0.95%, 09/01/2027(b) |
2,077,000 | 1,964,425 | ||||||
|
Merck & Co., Inc., 1.70%, 06/10/2027 |
2,150,000 | 2,099,082 | ||||||
|
Novartis Capital Corp. (Switzerland) |
||||||||
|
2.00%, 02/14/2027 |
1,799,000 | 1,783,871 | ||||||
|
3.10%, 05/17/2027 |
1,434,000 | 1,488,943 | ||||||
|
Royalty Pharma PLC, 1.75%, 09/02/2027 |
1,370,000 | 1,287,385 | ||||||
|
Viatris, Inc., 2.30%, 06/22/2027 |
1,080,000 | 1,043,157 | ||||||
|
Zoetis, Inc., 3.00%, 09/12/2027 |
1,078,000 | 1,100,632 | ||||||
|
|
|
|||||||
| 16,258,904 | ||||||||
|
|
|
|||||||
|
Road & Rail-0.82% |
||||||||
|
Burlington Northern Santa Fe LLC, 3.25%, 06/15/2027(b) |
652,000 | 686,206 | ||||||
|
CSX Corp., 3.25%, 06/01/2027(b) |
1,172,000 | 1,215,357 | ||||||
|
Union Pacific Corp. |
||||||||
|
2.15%, 02/05/2027 |
687,000 | 679,767 | ||||||
|
3.00%, 04/15/2027 |
715,000 | 736,520 | ||||||
|
|
|
|||||||
| 3,317,850 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-3.88% |
|
|||||||
|
Applied Materials, Inc., 3.30%, 04/01/2027 |
1,728,000 | 1,807,280 | ||||||
|
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.88%, 01/15/2027 |
4,904,000 | 5,113,685 | ||||||
|
Intel Corp. |
||||||||
|
3.75%, 03/25/2027 |
1,437,000 | 1,527,980 | ||||||
|
3.15%, 05/11/2027(b) |
1,440,000 | 1,492,164 | ||||||
|
Maxim Integrated Products, Inc., 3.45%, 06/15/2027 |
721,000 | 755,602 | ||||||
|
Micron Technology, Inc., 4.19%, 02/15/2027 |
1,250,000 | 1,320,012 | ||||||
|
QUALCOMM, Inc., 3.25%, 05/20/2027 |
2,871,000 | 2,997,336 | ||||||
|
Texas Instruments, Inc., 2.90%, 11/03/2027 |
719,000 | 747,060 | ||||||
|
|
|
|||||||
| 15,761,119 | ||||||||
|
|
|
|||||||
|
Software-4.83% |
||||||||
|
Adobe, Inc., 2.15%, 02/01/2027 |
1,220,000 | 1,215,988 | ||||||
|
Autodesk, Inc., 3.50%, 06/15/2027 |
664,000 | 692,881 | ||||||
|
Citrix Systems, Inc., 4.50%, 12/01/2027 |
1,080,000 | 1,119,721 | ||||||
|
Intuit, Inc., 1.35%, 07/15/2027 |
667,000 | 632,235 | ||||||
|
Microsoft Corp., 3.30%, 02/06/2027 |
5,745,000 | 6,081,398 | ||||||
|
Oracle Corp. |
||||||||
|
2.80%, 04/01/2027 |
3,235,000 | 3,221,560 | ||||||
|
3.25%, 11/15/2027 |
3,950,000 | 4,002,581 | ||||||
|
VMware, Inc. |
||||||||
|
4.65%, 05/15/2027 |
716,000 | 776,580 | ||||||
|
3.90%, 08/21/2027 |
1,799,000 | 1,882,662 | ||||||
|
|
|
|||||||
| 19,625,606 | ||||||||
|
|
|
|||||||
|
Specialty Retail-1.68% |
||||||||
|
AutoZone, Inc., 3.75%, 06/01/2027(b) |
864,000 | 913,288 | ||||||
|
Home Depot, Inc. (The) |
||||||||
|
2.50%, 04/15/2027 |
1,078,000 | 1,090,309 | ||||||
|
2.80%, 09/14/2027 |
1,434,000 | 1,465,974 | ||||||
|
Lowe’s Cos., Inc., 3.10%, 05/03/2027(b) |
2,158,000 | 2,226,132 | ||||||
|
O’Reilly Automotive, Inc., 3.60%, 09/01/2027(b) |
1,082,000 | 1,132,710 | ||||||
|
|
|
|||||||
| 6,828,413 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Technology Hardware, Storage & Peripherals-3.39% |
|
|||||||
|
Apple, Inc. |
||||||||
|
3.35%, 02/09/2027 |
$ | 3,235,000 | $ | 3,409,614 | ||||
|
3.20%, 05/11/2027 |
2,873,000 | 3,010,338 | ||||||
|
3.00%, 06/20/2027(b) |
1,417,000 | 1,477,229 | ||||||
|
2.90%, 09/12/2027 |
2,873,000 | 2,969,470 | ||||||
|
3.00%, 11/13/2027 |
2,057,000 | 2,141,918 | ||||||
|
NetApp, Inc., 2.38%, 06/22/2027(b) |
756,000 | 749,955 | ||||||
|
|
|
|||||||
| 13,758,524 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.59% |
|
|||||||
|
NIKE, Inc., 2.75%, 03/27/2027 |
1,441,000 | 1,481,772 | ||||||
|
Tapestry, Inc., 4.13%, 07/15/2027 |
170,000 | 178,391 | ||||||
|
VF Corp., 2.80%, 04/23/2027(b) |
715,000 | 725,360 | ||||||
|
|
|
|||||||
| 2,385,523 | ||||||||
|
|
|
|||||||
|
Tobacco-0.51% |
||||||||
|
BAT Capital Corp. (United Kingdom), 4.70%, 04/02/2027 |
1,295,000 | 1,377,571 | ||||||
|
Philip Morris International, Inc., 3.13%, 08/17/2027 |
688,000 | 711,313 | ||||||
|
|
|
|||||||
| 2,088,884 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.61% |
| |||||||
|
Air Lease Corp. |
||||||||
|
2.20%, 01/15/2027 |
1,080,000 | 1,037,108 | ||||||
|
3.63%, 04/01/2027 |
715,000 | 731,922 | ||||||
|
3.63%, 12/01/2027 |
718,000 | 728,516 | ||||||
|
|
|
|||||||
| 2,497,546 | ||||||||
|
|
|
|||||||
|
Water Utilities-0.20% |
||||||||
|
American Water Capital Corp., 2.95%, 09/01/2027(b) |
791,000 | 807,437 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
401,930,735 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.22% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, |
879,254 | 879,254 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
402,809,989 | ||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-16.45% |
| |||||||
|
Invesco Private Government Fund, 0.12%(c)(d)(e) |
20,046,580 | 20,046,580 | ||||||
|
Invesco Private Prime Fund, |
46,770,676 | 46,775,354 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
66,821,934 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-115.63% |
|
469,631,923 | ||||||
|
OTHER ASSETS LESS |
(63,487,761 | ) | ||||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 406,144,162 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
42 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)–(continued) February 28, 2022 (Unaudited) |
Investment Abbreviations: REIT-Real Estate Investment Trust
| Notes |
to Schedule of Investments: |
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 431,975 | $ | 13,839,317 | $ | (13,392,038 | ) | $ | - | $ | - | $ | 879,254 | $ | 248 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
13,135,420 | 47,702,048 | (40,790,888 | ) | - | - | 20,046,580 | 2,483 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
30,649,312 | 90,178,431 | (74,039,396 | ) | (4,609 | ) | (8,384 | ) | 46,775,354 | 21,589 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 44,216,707 | $ | 151,719,796 | $ | (128,222,322 | ) | $ | (4,609 | ) | $ | (8,384 | ) | $ | 67,701,188 | $ | 24,320 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
20.99 | |||
|
Information Technology |
15.06 | |||
|
Health Care |
11.64 | |||
|
Consumer Discretionary |
10.41 | |||
|
Industrials |
8.84 | |||
|
Energy |
8.17 | |||
|
Consumer Staples |
7.46 | |||
|
Communication Services |
6.17 | |||
|
Utilities |
4.36 | |||
|
Real Estate |
3.80 | |||
|
Materials |
2.06 | |||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.04 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
43 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.28% |
| |||||||
|
Aerospace & Defense-3.91% |
||||||||
|
Boeing Co. (The), 3.25%, 02/01/2028 |
$ | 1,182,000 | $ | 1,183,086 | ||||
|
General Dynamics Corp., 3.75%, 05/15/2028 |
1,153,000 | 1,221,932 | ||||||
|
L3Harris Technologies, Inc., 4.40%, 06/15/2028 |
984,000 | 1,063,733 | ||||||
|
Northrop Grumman Corp., 3.25%, 01/15/2028 |
2,311,000 | 2,365,831 | ||||||
|
Raytheon Technologies Corp., 4.13%, 11/16/2028 |
3,467,000 | 3,754,207 | ||||||
|
|
|
|||||||
| 9,588,789 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.56% |
||||||||
|
C.H. Robinson Worldwide, Inc., 4.20%, 04/15/2028 |
746,000 | 804,736 | ||||||
|
FedEx Corp., 3.40%, 02/15/2028 |
557,000 | 580,350 | ||||||
|
|
|
|||||||
| 1,385,086 | ||||||||
|
|
|
|||||||
|
Airlines-0.33% |
||||||||
|
Delta Air Lines, Inc., 4.38%, 04/19/2028(b) |
819,000 | 820,376 | ||||||
|
|
|
|||||||
|
Automobiles-2.76% |
||||||||
|
American Honda Finance Corp. |
||||||||
|
3.50%, 02/15/2028 |
608,000 | 638,571 | ||||||
|
2.00%, 03/24/2028 |
863,000 | 833,503 | ||||||
|
General Motors Co., 5.00%, 10/01/2028(b) |
965,000 | 1,055,142 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
2.40%, 04/10/2028 |
1,124,000 | 1,075,225 | ||||||
|
2.40%, 10/15/2028 |
1,160,000 | 1,102,833 | ||||||
|
Toyota Motor Corp. (Japan), 3.67%, 07/20/2028 |
603,000 | 645,970 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
3.05%, 01/11/2028 |
611,000 | 631,758 | ||||||
|
1.90%, 04/06/2028(b) |
816,000 | 787,578 | ||||||
|
|
|
|||||||
| 6,770,580 | ||||||||
|
|
|
|||||||
|
Banks-8.70% |
||||||||
|
Banco Santander S.A. (Spain), 4.38%, 04/12/2028 |
1,400,000 | 1,486,881 | ||||||
|
Barclays PLC (United Kingdom), 4.84%, 05/09/2028 |
2,190,000 | 2,316,895 | ||||||
|
Citigroup, Inc., 4.13%, 07/25/2028 |
2,399,000 | 2,526,090 | ||||||
|
Fifth Third Bancorp, 3.95%, 03/14/2028 |
750,000 | 799,301 | ||||||
|
KeyCorp, 4.10%, 04/30/2028 |
817,000 | 878,125 | ||||||
|
Lloyds Banking Group PLC (United Kingdom), 4.38%, 03/22/2028 |
1,645,000 | 1,757,430 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
3.96%, 03/02/2028(b) |
1,507,000 | 1,593,519 | ||||||
|
4.05%, 09/11/2028 |
1,155,000 | 1,230,061 | ||||||
|
Mizuho Financial Group, Inc. (Japan), 4.02%, 03/05/2028 |
1,445,000 | 1,533,867 | ||||||
|
PNC Bank N.A. |
||||||||
|
3.25%, 01/22/2028 |
750,000 | 775,306 | ||||||
|
4.05%, 07/26/2028 |
1,370,000 | 1,462,778 | ||||||
|
Regions Financial Corp., 1.80%, 08/12/2028 |
750,000 | 704,667 | ||||||
| Principal Amount |
Value | |||||||
|
Banks-(continued) |
||||||||
|
Sumitomo Mitsui Financial Group,
Inc. |
||||||||
|
3.54%, 01/17/2028(b) |
$ | 818,000 | $ | 851,352 | ||||
|
3.94%, 07/19/2028(b) |
864,000 | 917,935 | ||||||
|
1.90%, 09/17/2028 |
1,000,000 | 938,014 | ||||||
|
SVB Financial Group, 2.10%, 05/15/2028 |
534,000 | 512,705 | ||||||
|
U.S. Bancorp, 3.90%, 04/26/2028 |
984,000 | 1,054,317 | ||||||
|
|
|
|||||||
| 21,339,243 | ||||||||
|
|
|
|||||||
|
Beverages-2.70% |
||||||||
|
Anheuser-Busch InBev Worldwide, Inc. (Belgium), 4.00%, 04/13/2028 |
2,752,000 | 2,936,786 | ||||||
|
Coca-Cola Co. (The) |
||||||||
|
1.50%, 03/05/2028(b) |
917,000 | 880,196 | ||||||
|
1.00%, 03/15/2028 |
1,403,000 | 1,301,294 | ||||||
|
Constellation Brands, Inc., 3.60%, 02/15/2028 |
832,000 | 860,431 | ||||||
|
Diageo Capital PLC (United Kingdom), 3.88%, 05/18/2028 |
600,000 | 644,849 | ||||||
|
|
|
|||||||
| 6,623,556 | ||||||||
|
|
|
|||||||
|
Biotechnology-0.55% |
||||||||
|
Amgen, Inc., 1.65%, 08/15/2028(b) |
1,449,000 | 1,359,389 | ||||||
|
|
|
|||||||
|
Building Products-0.26% |
||||||||
|
Masco Corp., 1.50%, 02/15/2028 |
696,000 | 637,645 | ||||||
|
|
|
|||||||
|
Capital Markets-4.43% |
||||||||
|
Ares Capital Corp., 2.88%, 06/15/2028 |
1,390,000 | 1,290,222 | ||||||
|
Bank of New York Mellon Corp. (The) |
||||||||
|
3.40%, 01/29/2028 |
867,000 | 910,615 | ||||||
|
3.85%, 04/28/2028 |
1,057,000 | 1,133,468 | ||||||
|
1.65%, 07/14/2028(b) |
548,000 | 520,959 | ||||||
|
3.00%, 10/30/2028 |
581,000 | 588,029 | ||||||
|
Brookfield Finance, Inc. (Canada), 3.90%, 01/25/2028 |
1,063,000 | 1,118,302 | ||||||
|
Charles Schwab Corp. (The) |
||||||||
|
3.20%, 01/25/2028 |
1,140,000 | 1,186,719 | ||||||
|
2.00%, 03/20/2028 |
812,000 | 789,733 | ||||||
|
CME Group, Inc., 3.75%, 06/15/2028 |
821,000 | 879,188 | ||||||
|
FS KKR Capital Corp., 3.13%, 10/12/2028 |
830,000 | 774,357 | ||||||
|
Nomura Holdings, Inc. (Japan), 2.17%, 07/14/2028(b) |
1,100,000 | 1,036,735 | ||||||
|
Northern Trust Corp., 3.65%, 08/03/2028(b) |
585,000 | 629,699 | ||||||
|
|
|
|||||||
| 10,858,026 | ||||||||
|
|
|
|||||||
|
Chemicals-0.39% |
||||||||
|
PPG Industries, Inc., 3.75%, 03/15/2028(b) |
894,000 | 957,080 | ||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.61% |
|
|||||||
|
Republic Services, Inc., 3.95%, 05/15/2028 |
921,000 | 980,069 | ||||||
|
Waste Management, Inc., 1.15%, 03/15/2028(b) |
552,000 | 507,382 | ||||||
|
|
|
|||||||
| 1,487,451 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.37% |
|
|||||||
|
Motorola Solutions, Inc., 4.60%, 02/23/2028 |
835,000 | 906,730 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
44 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Construction & Engineering-0.39% |
||||||||
|
Fluor Corp., 4.25%, 09/15/2028(b) |
$ | 978,000 | $ | 957,345 | ||||
|
|
|
|||||||
|
Consumer Finance-1.46% |
||||||||
|
Ally Financial, Inc., 2.20%, 11/02/2028(b) |
870,000 | 815,057 | ||||||
|
Capital One Financial Corp., 3.80%, 01/31/2028 |
1,570,000 | 1,637,925 | ||||||
|
Discover Bank, 4.65%, 09/13/2028 |
1,040,000 | 1,129,009 | ||||||
|
|
|
|||||||
| 3,581,991 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.29% |
||||||||
|
WRKCo, Inc., 4.00%, 03/15/2028(b) |
679,000 | 718,906 | ||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.23% |
||||||||
|
Block Financial LLC, 2.50%, 07/15/2028 |
598,000 | 571,134 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-1.94% |
|
|||||||
|
AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |
||||||||
|
3.88%, 01/23/2028(b) |
721,000 | 734,326 | ||||||
|
3.00%, 10/29/2028 |
3,290,000 | 3,181,893 | ||||||
|
National Rural Utilities Cooperative Finance Corp., 3.40%, 02/07/2028 |
806,000 | 832,778 | ||||||
|
|
|
|||||||
| 4,748,997 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-2.27% |
|
|||||||
|
AT&T, Inc., 1.65%, 02/01/2028 |
2,461,000 | 2,324,614 | ||||||
|
Verizon Communications, Inc., 2.10%, 03/22/2028 |
3,360,000 | 3,251,686 | ||||||
|
|
|
|||||||
| 5,576,300 | ||||||||
|
|
|
|||||||
|
Electric Utilities-4.27% |
||||||||
|
Berkshire Hathaway Energy Co., 3.25%, 04/15/2028 |
695,000 | 723,788 | ||||||
|
Commonwealth Edison Co., 3.70%, 08/15/2028 |
639,000 | 673,650 | ||||||
|
Duke Energy Florida LLC, 3.80%, 07/15/2028(b) |
695,000 | 734,095 | ||||||
|
Duke Energy Progress LLC, 3.70%, 09/01/2028 |
608,000 | 643,746 | ||||||
|
Edison International, 4.13%, 03/15/2028 |
663,000 | 683,598 | ||||||
|
Entergy Corp., 1.90%, 06/15/2028 |
759,000 | 713,505 | ||||||
|
NextEra Energy Capital Holdings, Inc., 1.90%, 06/15/2028 |
1,735,000 | 1,652,400 | ||||||
|
Pacific Gas and Electric Co. |
||||||||
|
3.00%, 06/15/2028 |
1,228,000 | 1,187,944 | ||||||
|
3.75%, 07/01/2028 |
1,120,000 | 1,119,200 | ||||||
|
Southwestern Electric Power Co., Series M, 4.10%, 09/15/2028 |
670,000 | 711,123 | ||||||
|
Virginia Electric & Power Co., Series A, 3.80%, 04/01/2028 |
806,000 | 858,237 | ||||||
|
Xcel Energy, Inc., 4.00%, 06/15/2028 |
728,000 | 772,655 | ||||||
|
|
|
|||||||
| 10,473,941 | ||||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-1.12% |
| |||||||
|
Arrow Electronics, Inc., 3.88%, 01/12/2028(b) |
575,000 | 599,357 | ||||||
|
Jabil, Inc., 3.95%, 01/12/2028 |
576,000 | 603,660 | ||||||
|
Teledyne Technologies, Inc., 2.25%, 04/01/2028 |
833,000 | 810,599 | ||||||
|
Trimble, Inc., 4.90%, 06/15/2028 |
690,000 | 744,893 | ||||||
|
|
|
|||||||
| 2,758,509 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Energy Equipment & Services-0.32% |
| |||||||
|
Patterson-UTI Energy, Inc., 3.95%, 02/01/2028(b) |
$ | 831,000 | $ | 795,683 | ||||
|
|
|
|||||||
|
Entertainment-1.47% |
||||||||
|
Netflix, Inc., 5.88%, 11/15/2028 |
2,194,000 | 2,480,591 | ||||||
|
Walt Disney Co. (The), 2.20%, 01/13/2028(b) |
1,157,000 | 1,135,662 | ||||||
|
|
|
|||||||
| 3,616,253 | ||||||||
|
|
|
|||||||
|
Equity REITs-6.04% |
||||||||
|
American Homes 4 Rent L.P., 4.25%, 02/15/2028 |
576,000 | 609,473 | ||||||
|
American Tower Corp. |
||||||||
|
3.60%, 01/15/2028 |
735,000 | 755,358 | ||||||
|
1.50%, 01/31/2028 |
752,000 | 688,641 | ||||||
|
Crown Castle International Corp., 3.80%, 02/15/2028 |
1,160,000 | 1,208,541 | ||||||
|
CubeSmart L.P., 2.25%, 12/15/2028 |
640,000 | 610,657 | ||||||
|
Digital Realty Trust L.P., 4.45%, 07/15/2028 |
759,000 | 819,023 | ||||||
|
Equinix, Inc., 1.55%, 03/15/2028 |
752,000 | 692,511 | ||||||
|
ERP Operating L.P., 3.50%, 03/01/2028 |
576,000 | 607,087 | ||||||
|
GLP Capital L.P./GLP Financing II, Inc., 5.75%, 06/01/2028 |
581,000 | 644,585 | ||||||
|
Healthpeak Properties, Inc., 2.13%, 12/01/2028(b) |
580,000 | 558,332 | ||||||
|
Invitation Homes Operating Partnership L.P., 2.30%, 11/15/2028 |
694,000 | 656,920 | ||||||
|
Omega Healthcare Investors, Inc., 4.75%, 01/15/2028 |
901,000 | 945,033 | ||||||
|
Public Storage |
||||||||
|
1.85%, 05/01/2028 |
751,000 | 718,533 | ||||||
|
1.95%, 11/09/2028 |
640,000 | 612,627 | ||||||
|
Realty Income Corp. |
||||||||
|
3.40%, 01/15/2028 |
667,000 | 687,982 | ||||||
|
3.65%, 01/15/2028 |
893,000 | 932,341 | ||||||
|
2.20%, 06/15/2028 |
504,000 | 489,474 | ||||||
|
Simon Property Group L.P., 1.75%, 02/01/2028 |
928,000 | 875,607 | ||||||
|
Ventas Realty L.P., 4.00%, 03/01/2028 |
756,000 | 804,483 | ||||||
|
Welltower, Inc., 4.25%, 04/15/2028(b) |
841,000 | 906,690 | ||||||
|
|
|
|||||||
| 14,823,898 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-0.76% |
||||||||
|
CVS Pass-Through Trust, 6.04%, 12/10/2028 |
431,494 | 472,649 | ||||||
|
Walmart, Inc., 1.50%, 09/22/2028(b) |
1,450,000 | 1,382,845 | ||||||
|
|
|
|||||||
| 1,855,494 | ||||||||
|
|
|
|||||||
|
Food Products-2.43% |
||||||||
|
Campbell Soup Co., 4.15%, 03/15/2028(b) |
1,155,000 | 1,237,999 | ||||||
|
General Mills, Inc., 4.20%, 04/17/2028(b) |
1,573,000 | 1,698,506 | ||||||
|
Hormel Foods Corp., 1.70%, 06/03/2028(b) |
797,000 | 762,616 | ||||||
|
Kellogg Co., 4.30%, 05/15/2028 |
973,000 | 1,062,149 | ||||||
|
Mondelez International, Inc., 4.13%, 05/07/2028(b) |
1,099,000 | 1,194,703 | ||||||
|
|
|
|||||||
| 5,955,973 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-1.40% |
| |||||||
|
Abbott Laboratories, 1.15%, 01/30/2028(b) |
752,000 | 707,725 | ||||||
|
Boston Scientific Corp., 4.00%, 03/01/2028. |
590,000 | 628,846 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
45 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Health Care Equipment & Supplies-(continued) |
|
|||||||
|
Edwards Lifesciences Corp., 4.30%, 06/15/2028 |
$ | 978,000 | $ | 1,061,950 | ||||
|
Stryker Corp., 3.65%, 03/07/2028 |
976,000 | 1,024,251 | ||||||
|
|
|
|||||||
| 3,422,772 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-7.33% |
| |||||||
|
Anthem, Inc., 4.10%, 03/01/2028 |
1,450,000 | 1,554,364 | ||||||
|
Centene Corp., 2.45%, 07/15/2028 |
2,060,000 | 1,943,651 | ||||||
|
Cigna Corp., 4.38%, 10/15/2028 |
4,395,000 | 4,768,992 | ||||||
|
CVS Health Corp., 4.30%, 03/25/2028 |
5,892,000 | 6,372,718 | ||||||
|
HCA, Inc., 5.63%, 09/01/2028 |
1,737,000 | 1,927,436 | ||||||
|
UnitedHealth Group, Inc., 3.85%, 06/15/2028 |
1,327,000 | 1,425,156 | ||||||
|
|
|
|||||||
| 17,992,317 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-1.95% |
|
|||||||
|
Booking Holdings, Inc., 3.55%, 03/15/2028(b) |
607,000 | 645,067 | ||||||
|
Expedia Group, Inc., 3.80%, 02/15/2028 |
1,161,000 | 1,195,768 | ||||||
|
McDonald’s Corp., 3.80%, 04/01/2028 |
1,213,000 | 1,288,264 | ||||||
|
Starbucks Corp. |
||||||||
|
3.50%, 03/01/2028(b) |
699,000 | 731,787 | ||||||
|
4.00%, 11/15/2028 |
866,000 | 931,726 | ||||||
|
|
|
|||||||
| 4,792,612 | ||||||||
|
|
|
|||||||
|
Household Products-0.35% |
||||||||
|
Clorox Co. (The), 3.90%, 05/15/2028(b) |
815,000 | 868,562 | ||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-0.27% |
| |||||||
|
DTE Electric Co., Series A, 1.90%, 04/01/2028 |
680,000 | 652,333 | ||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.70% |
||||||||
|
3M Co., 3.63%, 09/14/2028 |
692,000 | 735,929 | ||||||
|
Roper Technologies, Inc., 4.20%, 09/15/2028 |
927,000 | 989,181 | ||||||
|
|
|
|||||||
| 1,725,110 | ||||||||
|
|
|
|||||||
|
Insurance-0.93% |
||||||||
|
American International Group, Inc., 4.20%, 04/01/2028 |
826,000 | 897,099 | ||||||
|
Lincoln National Corp., 3.80%, 03/01/2028 |
607,000 | 642,532 | ||||||
|
Willis North America, Inc., 4.50%, 09/15/2028 |
690,000 | 736,346 | ||||||
|
|
|
|||||||
| 2,275,977 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-1.30% |
|
|||||||
|
Amazon.com, Inc., 1.65%, 05/12/2028 |
2,545,000 | 2,451,483 | ||||||
|
QVC, Inc., 4.38%, 09/01/2028 |
816,000 | 740,834 | ||||||
|
|
|
|||||||
| 3,192,317 | ||||||||
|
|
|
|||||||
|
IT Services-1.32% |
||||||||
|
Automatic Data Processing, Inc., 1.70%, 05/15/2028 |
1,156,000 | 1,114,890 | ||||||
|
DXC Technology Co., 2.38%, 09/15/2028 |
750,000 | 714,349 | ||||||
|
Fidelity National Information Services, Inc., 1.65%, 03/01/2028(b) |
816,000 | 756,971 | ||||||
|
Mastercard, Inc., 3.50%, 02/26/2028 |
607,000 | 645,768 | ||||||
|
|
|
|||||||
| 3,231,978 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Life Sciences Tools & Services-0.27% |
|
|||||||
|
PerkinElmer, Inc., 1.90%, 09/15/2028 |
$ | 300,000 | $ | 282,182 | ||||
|
Thermo Fisher Scientific, Inc., 1.75%, 10/15/2028 |
400,000 | 379,614 | ||||||
|
|
|
|||||||
| 661,796 | ||||||||
|
|
|
|||||||
|
Machinery-1.36% |
||||||||
|
John Deere Capital Corp., 1.50%, 03/06/2028(b) |
561,000 | 538,026 | ||||||
|
Trane Technologies Global Holding Co. Ltd., 3.75%, 08/21/2028 |
636,000 | 663,494 | ||||||
|
Wabtec Corp., 4.95%, 09/15/2028 |
1,450,000 | 1,579,338 | ||||||
|
Xylem, Inc., 1.95%, 01/30/2028 |
574,000 | 550,852 | ||||||
|
|
|
|||||||
| 3,331,710 | ||||||||
|
|
|
|||||||
|
Marine-0.25% |
||||||||
|
Kirby Corp., 4.20%, 03/01/2028 |
582,000 | 600,608 | ||||||
|
|
|
|||||||
|
Media-3.99% |
||||||||
|
Charter Communications Operating LLC/ Charter Communications Operating Capital Corp. |
||||||||
|
3.75%, 02/15/2028 |
1,624,000 | 1,664,358 | ||||||
|
4.20%, 03/15/2028 |
1,430,000 | 1,499,010 | ||||||
|
Comcast Corp. |
||||||||
|
3.15%, 02/15/2028 |
1,877,000 | 1,927,701 | ||||||
|
3.55%, 05/01/2028 |
1,160,000 | 1,215,857 | ||||||
|
Discovery Communications LLC, 3.95%, 03/20/2028 |
2,766,000 | 2,873,437 | ||||||
|
Paramount Global, 3.38%, 02/15/2028(b) |
607,000 | 621,173 | ||||||
|
|
|
|||||||
| 9,801,536 | ||||||||
|
|
|
|||||||
|
Metals & Mining-0.25% |
||||||||
|
Nucor Corp., 3.95%, 05/01/2028 |
581,000 | 620,600 | ||||||
|
|
|
|||||||
|
Multiline Retail-0.89% |
||||||||
|
Dollar General Corp., 4.13%, 05/01/2028 |
605,000 | 651,325 | ||||||
|
Dollar Tree, Inc., 4.20%, 05/15/2028 |
1,443,000 | 1,543,699 | ||||||
|
|
|
|||||||
| 2,195,024 | ||||||||
|
|
|
|||||||
|
Multi-Utilities-0.71% |
||||||||
|
Sempra Energy, 3.40%, 02/01/2028 |
1,152,000 | 1,188,523 | ||||||
|
WEC Energy Group, Inc., 2.20%, 12/15/2028 |
580,000 | 557,488 | ||||||
|
|
|
|||||||
| 1,746,011 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-7.54% |
|
|||||||
|
BP Capital Markets PLC (United Kingdom), 3.72%, 11/28/2028 |
892,000 | 938,493 | ||||||
|
Chevron USA, Inc., 3.85%, 01/15/2028 |
668,000 | 720,235 | ||||||
|
Concho Resources, Inc., 4.30%, 08/15/2028 |
985,000 | 1,055,111 | ||||||
|
Continental Resources, Inc., 4.38%, 01/15/2028(b) |
1,121,000 | 1,159,760 | ||||||
|
Energy Transfer L.P. |
||||||||
|
4.95%, 05/15/2028 |
900,000 | 964,934 | ||||||
|
4.95%, 06/15/2028 |
1,625,000 | 1,751,037 | ||||||
|
Equinor ASA (Norway), 3.63%, 09/10/2028(b) |
1,153,000 | 1,220,579 | ||||||
|
Kinder Morgan, Inc., 4.30%, 03/01/2028 |
1,431,000 | 1,527,786 | ||||||
|
MPLX L.P., 4.00%, 03/15/2028 |
1,426,000 | 1,488,152 | ||||||
|
ONEOK, Inc., 4.55%, 07/15/2028 |
921,000 | 982,884 | ||||||
|
Phillips 66, 3.90%, 03/15/2028 |
891,000 | 937,206 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
46 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
Phillips 66 Partners L.P., 3.75%, 03/01/2028 |
$ | 611,000 | $ | 629,760 | ||||
|
Sabine Pass Liquefaction LLC, 4.20%, 03/15/2028 |
1,562,000 | 1,645,648 | ||||||
|
TransCanada PipeLines Ltd. (Canada), 4.25%, 05/15/2028 |
1,621,000 | 1,728,251 | ||||||
|
Valero Energy Corp., 4.35%, 06/01/2028 |
819,000 | 878,576 | ||||||
|
Valero Energy Partners L.P., 4.50%, 03/15/2028 |
820,000 | 873,607 | ||||||
|
|
|
|||||||
| 18,502,019 | ||||||||
|
|
|
|||||||
|
Personal Products-0.66% |
||||||||
|
Unilever Capital Corp. (United Kingdom), 3.50%, 03/22/2028 |
1,540,000 | 1,625,769 | ||||||
|
|
|
|||||||
|
Pharmaceuticals-6.03% |
||||||||
|
Astrazeneca Finance LLC (United Kingdom), 1.75%, 05/28/2028 |
1,450,000 | 1,385,944 | ||||||
|
Bristol-Myers Squibb Co., 3.90%, 02/20/2028 |
1,678,000 | 1,809,435 | ||||||
|
GlaxoSmithKline Capital, Inc. (United Kingdom), 3.88%, 05/15/2028 |
2,028,000 | 2,175,390 | ||||||
|
Johnson & Johnson, 2.90%, 01/15/2028 |
2,446,000 | 2,523,978 | ||||||
|
Pfizer, Inc., 3.60%, 09/15/2028(b) |
1,125,000 | 1,199,844 | ||||||
|
Pharmacia LLC, 6.60%, 12/01/2028 |
1,185,000 | 1,475,817 | ||||||
|
Sanofi (France), 3.63%, 06/19/2028(b) |
1,155,000 | 1,248,905 | ||||||
|
Takeda Pharmaceutical Co. Ltd. (Japan), 5.00%, 11/26/2028 |
1,880,000 | 2,123,732 | ||||||
|
Zoetis, Inc., 3.90%, 08/20/2028(b) |
810,000 | 858,831 | ||||||
|
|
|
|||||||
| 14,801,876 | ||||||||
|
|
|
|||||||
|
Road & Rail-1.29% |
||||||||
|
Canadian Pacific Railway Co. (Canada), 4.00%, 06/01/2028(b) |
820,000 | 878,280 | ||||||
|
CSX Corp., 3.80%, 03/01/2028 |
921,000 | 972,705 | ||||||
|
Union Pacific Corp., 3.95%, 09/10/2028 |
1,219,000 | 1,310,979 | ||||||
|
|
|
|||||||
| 3,161,964 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-1.96% |
| |||||||
|
Analog Devices, Inc., 1.70%, 10/01/2028 |
870,000 | 832,312 | ||||||
|
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.50%, 01/15/2028 |
1,406,000 | 1,438,249 | ||||||
|
Intel Corp., 1.60%, 08/12/2028 |
355,000 | 337,052 | ||||||
|
Marvell Technology, Inc., 2.45%, 04/15/2028 |
870,000 | 841,618 | ||||||
|
NVIDIA Corp., 1.55%, 06/15/2028 |
1,441,000 | 1,360,935 | ||||||
|
|
|
|||||||
| 4,810,166 | ||||||||
|
|
|
|||||||
|
Software-2.21% |
||||||||
|
Oracle Corp., 2.30%, 03/25/2028 |
2,313,000 | 2,207,670 | ||||||
|
salesforce.com, inc. |
||||||||
|
3.70%, 04/11/2028 |
1,633,000 | 1,744,729 | ||||||
|
1.50%, 07/15/2028(b) |
1,543,000 | 1,457,937 | ||||||
|
|
|
|||||||
| 5,410,336 | ||||||||
|
|
|
|||||||
|
Specialty Retail-1.53% |
||||||||
|
Home Depot, Inc. (The), 0.90%, 03/15/2028 |
511,000 | 470,276 | ||||||
|
Lowe’s Cos., Inc. |
||||||||
|
1.30%, 04/15/2028(b) |
1,124,000 | 1,038,798 | ||||||
|
1.70%, 09/15/2028 |
1,160,000 | 1,090,988 | ||||||
| Principal Amount |
Value | |||||||
|
Specialty Retail-(continued) |
||||||||
|
O’Reilly Automotive, Inc., 4.35%, 06/01/2028 |
$ | 577,000 | $ | 623,599 | ||||
|
TJX Cos., Inc. (The), 1.15%, 05/15/2028(b) |
582,000 | 539,516 | ||||||
|
|
|
|||||||
| 3,763,177 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-2.14% |
| |||||||
|
Apple, Inc. |
||||||||
|
1.20%, 02/08/2028 |
2,895,000 | 2,730,301 | ||||||
|
1.40%, 08/05/2028 |
2,659,000 | 2,515,795 | ||||||
|
|
|
|||||||
| 5,246,096 | ||||||||
|
|
|
|||||||
|
Tobacco-1.08% |
||||||||
|
BAT Capital Corp. (United Kingdom), 2.26%, 03/25/2028 |
1,934,000 | 1,808,767 | ||||||
|
Philip Morris International, Inc., 3.13%, 03/02/2028(b) |
820,000 | 843,008 | ||||||
|
|
|
|||||||
| 2,651,775 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.22% |
| |||||||
|
Air Lease Corp., 2.10%, 09/01/2028 |
575,000 | 526,533 | ||||||
|
|
|
|||||||
|
Water Utilities-0.31% |
||||||||
|
American Water Capital Corp., 3.75%, 09/01/2028 |
722,000 | 762,840 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-1.48% |
| |||||||
|
Vodafone Group PLC (United Kingdom), 4.38%, 05/30/2028(b) |
3,355,000 | 3,636,663 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
241,178,852 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.33% |
||||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
800,958 | 800,958 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
241,979,810 | ||||||
|
|
|
|||||||
|
Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-12.51% |
|
|||||||
|
Invesco Private Government Fund, 0.12%(c)(d)(e) |
9,213,384 | 9,213,384 | ||||||
|
Invesco Private Prime Fund, |
21,495,746 | 21,497,896 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
30,711,280 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-111.12% |
|
272,691,090 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(11.12)% |
|
(27,280,922 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 245,410,168 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
47 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS)–(continued) February 28, 2022 (Unaudited) |
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 656,302 | $ | 7,602,061 | $ | (7,457,405 | ) | $ | - | $ | - | $ | 800,958 | $ | 121 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
5,783,388 | 20,664,607 | (17,234,611 | ) | - | - | 9,213,384 | 1,064 | * | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
13,494,573 | 43,319,808 | (35,311,023 | ) | (1,752 | ) | (3,710 | ) | 21,497,896 | 9,161 | * | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Total |
$ | 19,934,263 | $ | 71,586,476 | $ | (60,003,039 | ) | $ | (1,752 | ) | $ | (3,710 | ) | $ | 31,512,238 | $ | 10,346 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
17.46 | |||||
|
Health Care |
15.58 | |||||
|
Industrials |
9.88 | |||||
|
Communication Services |
9.21 | |||||
|
Information Technology |
9.12 | |||||
|
Consumer Discretionary |
8.66 | |||||
|
Consumer Staples |
7.98 | |||||
|
Energy |
7.86 | |||||
|
Real Estate |
6.04 | |||||
|
Utilities |
5.56 | |||||
|
Materials |
0.93 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.72 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
48 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal | ||||||||
| Amount | Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.78% |
| |||||||
|
Aerospace & Defense-1.19% |
||||||||
|
Boeing Co. (The), 3.20%, 03/01/2029 |
$ | 847,000 | $ | 838,078 | ||||
|
Howmet Aerospace, Inc., 3.00%, 01/15/2029(b) |
520,000 | 494,234 | ||||||
|
Raytheon Technologies Corp., 7.50%, 09/15/2029 |
300,000 | 392,346 | ||||||
|
|
|
|||||||
| 1,724,658 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.41% |
| |||||||
|
United Parcel Service, Inc., 3.40%, 03/15/2029 |
557,000 | 588,347 | ||||||
|
|
|
|||||||
|
Airlines-0.25% |
| |||||||
|
Delta Air Lines, Inc., 3.75%, 10/28/2029 |
377,000 | 359,168 | ||||||
|
|
|
|||||||
|
Automobiles-1.16% |
| |||||||
|
American Honda Finance Corp., 2.25%, 01/12/2029 |
500,000 | 485,389 | ||||||
|
General Motors Financial Co., Inc., 5.65%, 01/17/2029 |
369,000 | 415,183 | ||||||
|
Toyota Motor Corp. (Japan), 2.76%, 07/02/2029 |
370,000 | 375,101 | ||||||
|
Toyota Motor Credit Corp., 3.65%, 01/08/2029(b) |
379,000 | 404,802 | ||||||
|
|
|
|||||||
| 1,680,475 | ||||||||
|
|
|
|||||||
|
Banks-7.06% |
| |||||||
|
KeyCorp, 2.55%, 10/01/2029 |
560,000 | 543,652 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
3.74%, 03/07/2029(b) |
1,120,000 | 1,173,781 | ||||||
|
3.20%, 07/18/2029 |
1,400,000 | 1,413,448 | ||||||
|
PNC Bank N.A., 2.70%, 10/22/2029 |
500,000 | 493,316 | ||||||
|
PNC Financial Services Group, Inc. (The), 3.45%, 04/23/2029 |
1,220,000 | 1,282,287 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
||||||||
|
3.04%, 07/16/2029 |
1,930,000 | 1,925,750 | ||||||
|
2.72%, 09/27/2029 |
400,000 | 391,791 | ||||||
|
Truist Financial Corp., 3.88%, 03/19/2029 |
483,000 | 513,580 | ||||||
|
Wells Fargo & Co., 4.15%, 01/24/2029 |
2,063,000 | 2,201,973 | ||||||
|
Zions Bancorporation N.A., 3.25%, 10/29/2029 |
250,000 | 251,209 | ||||||
|
|
|
|||||||
| 10,190,787 | ||||||||
|
|
|
|||||||
|
Beverages-4.09% |
| |||||||
|
Anheuser-Busch InBev Worldwide, Inc. (Belgium), 4.75%, 01/23/2029 |
3,470,000 | 3,870,883 | ||||||
|
Coca-Cola Co. (The), 2.13%, 09/06/2029 |
747,000 | 730,863 | ||||||
|
Diageo Capital PLC (United Kingdom), 2.38%, 10/24/2029(b) |
800,000 | 781,226 | ||||||
|
PepsiCo, Inc., 7.00%, 03/01/2029 |
404,000 | 518,902 | ||||||
|
|
|
|||||||
| 5,901,874 | ||||||||
|
|
|
|||||||
|
Biotechnology-3.06% |
| |||||||
|
AbbVie, Inc., 3.20%, 11/21/2029 |
4,360,000 | 4,422,122 | ||||||
|
|
|
|||||||
|
Building Products-0.37% |
| |||||||
|
Fortune Brands Home & Security, Inc., 3.25%, 09/15/2029 |
527,000 | 536,668 | ||||||
|
|
|
|||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Capital Markets-3.44% |
| |||||||
|
Bank of New York Mellon Corp. (The), 3.30%, 08/23/2029 |
$ | 657,000 | $ | 677,848 | ||||
|
BlackRock, Inc., 3.25%, 04/30/2029 |
847,000 | 884,516 | ||||||
|
Brookfield Finance, Inc. (Canada), 4.85%, 03/29/2029 |
844,000 | 926,770 | ||||||
|
Charles Schwab Corp. (The) |
||||||||
|
4.00%, 02/01/2029 |
445,000 | 482,015 | ||||||
|
3.25%, 05/22/2029 |
450,000 | 463,123 | ||||||
|
Lazard Group LLC, 4.38%, 03/11/2029 |
377,000 | 400,990 | ||||||
|
Nomura Holdings, Inc. (Japan), 2.71%, 01/22/2029 |
400,000 | 387,763 | ||||||
|
Northern Trust Corp., 3.15%, 05/03/2029 |
370,000 | 386,500 | ||||||
|
S&P Global, Inc., 2.50%, 12/01/2029 |
367,000 | 360,205 | ||||||
|
|
|
|||||||
| 4,969,730 | ||||||||
|
|
|
|||||||
|
Chemicals-2.57% |
| |||||||
|
Dow Chemical Co. (The), 7.38%, 11/01/2029 |
590,000 | 763,428 | ||||||
|
FMC Corp., 3.45%, 10/01/2029 |
370,000 | 373,147 | ||||||
|
Huntsman International LLC, 4.50%, 05/01/2029 |
560,000 | 595,182 | ||||||
|
Nutrien Ltd. (Canada), 4.20%, 04/01/2029 |
560,000 | 606,073 | ||||||
|
Rohm & Haas Co., 7.85%, 07/15/2029 |
510,000 | 667,566 | ||||||
|
Sherwin-Williams Co. (The), 2.95%, 08/15/2029 |
697,000 | 700,600 | ||||||
|
|
|
|||||||
| 3,705,996 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.27% |
| |||||||
|
Waste Connections, Inc., 3.50%, 05/01/2029 |
377,000 | 390,723 | ||||||
|
|
|
|||||||
|
Communications Equipment-0.79% |
| |||||||
|
Juniper Networks, Inc., 3.75%, 08/15/2029 |
377,000 | 388,842 | ||||||
|
Motorola Solutions, Inc., 4.60%, 05/23/2029 |
695,000 | 750,690 | ||||||
|
|
|
|||||||
| 1,139,532 | ||||||||
|
|
|
|||||||
|
Consumer Finance-0.37% |
| |||||||
|
Synchrony Financial, 5.15%, 03/19/2029 |
484,000 | 526,829 | ||||||
|
|
|
|||||||
|
Containers & Packaging-0.69% |
| |||||||
|
Packaging Corp. of America, 3.00%, 12/15/2029 |
370,000 | 371,197 | ||||||
|
WRKCo, Inc., 4.90%, 03/15/2029(b) |
560,000 | 619,315 | ||||||
|
|
|
|||||||
| 990,512 | ||||||||
|
|
|
|||||||
|
Diversified Financial Services-0.54% |
| |||||||
|
MidAmerican Energy Co., 3.65%, 04/15/2029 |
737,000 | 786,144 | ||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-4.81% |
| |||||||
|
AT&T, Inc., 4.35%, 03/01/2029 |
2,440,000 | 2,654,560 | ||||||
|
Verizon Communications, Inc. |
||||||||
|
3.88%, 02/08/2029 |
845,000 | 898,052 | ||||||
|
4.02%, 12/03/2029 |
3,160,000 | 3,394,866 | ||||||
|
|
|
|||||||
| 6,947,478 | ||||||||
|
|
|
|||||||
|
Electric Utilities-4.16% |
| |||||||
|
Avangrid, Inc., 3.80%, 06/01/2029 |
655,000 | 685,262 | ||||||
|
Duke Energy Corp., 3.40%, 06/15/2029 |
447,000 | 455,493 | ||||||
|
Duke Energy Florida LLC, 2.50%, 12/01/2029 |
612,000 | 599,122 | ||||||
|
Duke Energy Progress LLC, 3.45%, 03/15/2029 |
447,000 | 466,806 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
49 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Electric Utilities-(continued) |
| |||||||
|
Evergy, Inc., 2.90%, 09/15/2029 |
$ | 689,000 | $ | 684,636 | ||||
|
Eversource Energy, Series O, 4.25%, 04/01/2029 |
370,000 | 396,328 | ||||||
|
Nevada Power Co., Series CC, 3.70%, 05/01/2029 |
367,000 | 387,057 | ||||||
|
NextEra Energy Capital Holdings, Inc. |
||||||||
|
3.50%, 04/01/2029 |
370,000 | 383,203 | ||||||
|
2.75%, 11/01/2029 |
843,000 | 829,105 | ||||||
|
Southern California Edison Co., Series A, 4.20%, 03/01/2029 |
370,000 | 393,310 | ||||||
|
Virginia Electric & Power Co., Series A, 2.88%, 07/15/2029(b) |
369,000 | 371,356 | ||||||
|
Xcel Energy, Inc., 2.60%, 12/01/2029 |
370,000 | 361,525 | ||||||
|
|
|
|||||||
| 6,013,203 | ||||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-0.88% |
| |||||||
|
Amphenol Corp., 4.35%, 06/01/2029 |
378,000 | 409,682 | ||||||
|
CDW LLC/CDW Finance Corp., 3.25%, 02/15/2029 |
520,000 | 485,399 | ||||||
|
Keysight Technologies, Inc., 3.00%, 10/30/2029 |
377,000 | 379,534 | ||||||
|
|
|
|||||||
| 1,274,615 | ||||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.80% |
| |||||||
|
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.14%, 11/07/2029 |
387,000 | 388,955 | ||||||
|
Boardwalk Pipelines L.P., 4.80%, 05/03/2029 |
372,000 | 398,463 | ||||||
|
NOV, Inc., 3.60%, 12/01/2029(b) |
370,000 | 371,293 | ||||||
|
|
|
|||||||
| 1,158,711 | ||||||||
|
|
|
|||||||
|
Entertainment-2.13% |
| |||||||
|
Netflix, Inc., 6.38%, 05/15/2029 |
600,000 | 698,682 | ||||||
|
RELX Capital, Inc. (United Kingdom), 4.00%, 03/18/2029 |
805,000 | 858,093 | ||||||
|
Walt Disney Co. (The), 2.00%, 09/01/2029 |
1,590,000 | 1,519,419 | ||||||
|
|
|
|||||||
| 3,076,194 | ||||||||
|
|
|
|||||||
|
Equity REITs-8.09% |
| |||||||
|
American Tower Corp. |
||||||||
|
3.95%, 03/15/2029 |
437,000 | 453,671 | ||||||
|
3.80%, 08/15/2029 |
1,330,000 | 1,377,924 | ||||||
|
Boston Properties L.P., 3.40%, 06/21/2029 |
737,000 | 754,078 | ||||||
|
Camden Property Trust, 3.15%, 07/01/2029 |
447,000 | 457,372 | ||||||
|
Crown Castle International Corp., 4.30%, 02/15/2029 |
445,000 | 474,678 | ||||||
|
CyrusOne L.P./CyrusOne Finance Corp., 3.45%, 11/15/2029 |
437,000 | 460,246 | ||||||
|
Digital Realty Trust L.P., 3.60%, 07/01/2029 |
760,000 | 783,771 | ||||||
|
ERP Operating L.P., 3.00%, 07/01/2029 |
447,000 | 452,842 | ||||||
|
Essex Portfolio L.P., 4.00%, 03/01/2029 |
375,000 | 400,259 | ||||||
|
GLP Capital L.P./GLP Financing II, Inc., 5.30%, 01/15/2029 |
560,000 | 609,729 | ||||||
|
Healthpeak Properties, Inc., 3.50%, 07/15/2029 |
489,000 | 506,638 | ||||||
|
Hudson Pacific Properties L.P., 4.65%, 04/01/2029 |
370,000 | 402,643 | ||||||
|
Omega Healthcare Investors, Inc., 3.63%, 10/01/2029 |
377,000 | 370,775 | ||||||
|
Public Storage, 3.39%, 05/01/2029 |
370,000 | 385,575 | ||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Equity REITs-(continued) |
| |||||||
|
Realty Income Corp. |
||||||||
|
3.25%, 06/15/2029(b) |
$ | 370,000 | $ | 378,399 | ||||
|
3.10%, 12/15/2029 |
447,000 | 449,467 | ||||||
|
Simon Property Group L.P., 2.45%, 09/13/2029 |
930,000 | 899,212 | ||||||
|
Ventas Realty L.P., 4.40%, 01/15/2029 |
615,000 | 669,264 | ||||||
|
Welltower, Inc. |
||||||||
|
2.05%, 01/15/2029 |
370,000 | 350,439 | ||||||
|
4.13%, 03/15/2029 |
415,000 | 444,713 | ||||||
|
Weyerhaeuser Co., 4.00%, 11/15/2029 |
560,000 | 598,663 | ||||||
|
|
|
|||||||
| 11,680,358 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.26% |
| |||||||
|
Ahold Finance USA LLC (Netherlands), 6.88%, 05/01/2029 |
364,000 | 456,212 | ||||||
|
Kroger Co. (The), 4.50%, 01/15/2029 |
435,000 | 477,922 | ||||||
|
Walmart, Inc. |
||||||||
|
3.25%, 07/08/2029 |
800,000 | 847,447 | ||||||
|
2.38%, 09/24/2029 |
35,000 | 34,924 | ||||||
|
|
|
|||||||
| 1,816,505 | ||||||||
|
|
|
|||||||
|
Food Products-0.63% |
| |||||||
|
Tyson Foods, Inc., 4.35%, 03/01/2029 |
844,000 | 914,661 | ||||||
|
|
|
|||||||
|
Gas Utilities-0.32% |
| |||||||
|
Piedmont Natural Gas Co., Inc., 3.50%, 06/01/2029 |
447,000 | 460,608 | ||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-1.01% |
| |||||||
|
Boston Scientific Corp., 4.00%, 03/01/2029 |
730,000 | 775,355 | ||||||
|
DH Europe Finance II S.a.r.l., 2.60%, 11/15/2029 |
697,000 | 680,859 | ||||||
|
|
|
|||||||
| 1,456,214 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-3.41% |
| |||||||
|
Anthem, Inc., 2.88%, 09/15/2029 |
717,000 | 718,129 | ||||||
|
CommonSpirit Health, 3.35%, 10/01/2029 |
767,000 | 775,128 | ||||||
|
HCA, Inc. |
||||||||
|
5.88%, 02/01/2029 |
850,000 | 953,317 | ||||||
|
4.13%, 06/15/2029 |
1,540,000 | 1,615,508 | ||||||
|
Laboratory Corp. of America Holdings, 2.95%, 12/01/2029 |
477,000 | 474,483 | ||||||
|
Quest Diagnostics, Inc., 4.20%, 06/30/2029 |
365,000 | 391,565 | ||||||
|
|
|
|||||||
| 4,928,130 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-0.61% |
| |||||||
|
Starbucks Corp., 3.55%, 08/15/2029 |
847,000 | 885,515 | ||||||
|
|
|
|||||||
|
Household Durables-0.68% |
| |||||||
|
Leggett & Platt, Inc., 4.40%, 03/15/2029 |
375,000 | 405,007 | ||||||
|
Whirlpool Corp., 4.75%, 02/26/2029 |
524,000 | 580,832 | ||||||
|
|
|
|||||||
| 985,839 | ||||||||
|
|
|
|||||||
|
Household Products-0.44% |
| |||||||
|
Kimberly-Clark Corp., 3.20%, 04/25/2029(b) |
607,000 | 631,078 | ||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.30% |
| |||||||
|
3M Co. |
||||||||
|
3.38%, 03/01/2029(b) |
597,000 | 622,263 | ||||||
|
2.38%, 08/26/2029(b) |
743,000 | 726,847 | ||||||
|
Roper Technologies, Inc., 2.95%, 09/15/2029 |
527,000 | 521,091 | ||||||
|
|
|
|||||||
| 1,870,201 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
50 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Insurance-3.61% |
| |||||||
|
American International Group, Inc., 4.25%, 03/15/2029 |
$ | 375,000 | $ | 404,915 | ||||
|
Aon Corp., 3.75%, 05/02/2029 |
557,000 | 583,835 | ||||||
|
CNA Financial Corp., 3.90%, 05/01/2029 |
405,000 | 432,086 | ||||||
|
CNO Financial Group, Inc., 5.25%, 05/30/2029 |
370,000 | 400,190 | ||||||
|
Hartford Financial Services Group, Inc. (The), 2.80%, 08/19/2029 |
447,000 | 443,540 | ||||||
|
Marsh & McLennan Cos., Inc., 4.38%, 03/15/2029 |
1,220,000 | 1,331,932 | ||||||
|
PartnerRe Finance B LLC, 3.70%, 07/02/2029 |
297,000 | 309,961 | ||||||
|
Principal Financial Group, Inc., 3.70%, 05/15/2029 |
377,000 | 401,737 | ||||||
|
Progressive Corp. (The), 4.00%, 03/01/2029 |
411,000 | 444,181 | ||||||
|
Reinsurance Group of America, Inc., 3.90%, 05/15/2029 |
445,000 | 465,777 | ||||||
|
|
|
|||||||
| 5,218,154 | ||||||||
|
|
|
|||||||
|
IT Services-5.85% |
| |||||||
|
Broadridge Financial Solutions, Inc., 2.90%, 12/01/2029 |
593,000 | 581,359 | ||||||
|
Fidelity National Information Services, Inc., 3.75%, 05/21/2029 |
487,000 | 499,882 | ||||||
|
Fiserv, Inc., 3.50%, 07/01/2029 |
2,434,000 | 2,472,313 | ||||||
|
International Business Machines Corp., 3.50%, 05/15/2029 |
2,670,000 | 2,801,510 | ||||||
|
Mastercard, Inc., 2.95%, 06/01/2029 |
847,000 | 870,911 | ||||||
|
PayPal Holdings, Inc., 2.85%, 10/01/2029 |
1,220,000 | 1,216,384 | ||||||
|
|
|
|||||||
| 8,442,359 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.56% |
| |||||||
|
Hasbro, Inc., 3.90%, 11/19/2029(b) |
767,000 | 803,556 | ||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-1.01% |
| |||||||
|
PerkinElmer, Inc., 3.30%, 09/15/2029 |
705,000 | 708,643 | ||||||
|
Thermo Fisher Scientific, Inc., 2.60%, 10/01/2029 |
753,000 | 743,376 | ||||||
|
|
|
|||||||
| 1,452,019 | ||||||||
|
|
|
|||||||
|
Machinery-1.87% |
| |||||||
|
Caterpillar, Inc., 2.60%, 09/19/2029 |
375,000 | 375,167 | ||||||
|
Deere & Co., 5.38%, 10/16/2029 |
334,000 | 398,673 | ||||||
|
John Deere Capital Corp., 3.45%, 03/07/2029 |
447,000 | 474,616 | ||||||
|
Parker-Hannifin Corp., 3.25%, 06/14/2029 |
847,000 | 864,158 | ||||||
|
Trane Technologies Luxembourg Finance S.A., 3.80%, 03/21/2029 |
557,000 | 584,621 | ||||||
|
|
|
|||||||
| 2,697,235 | ||||||||
|
|
|
|||||||
|
Media-2.12% |
| |||||||
|
Charter Communications Operating LLC/ Charter Communications Operating Capital Corp. |
||||||||
|
2.25%, 01/15/2029(b) |
1,030,000 | 957,321 | ||||||
|
5.05%, 03/30/2029 |
1,030,000 | 1,126,355 | ||||||
|
Discovery Communications LLC, 4.13%, 05/15/2029(b) |
557,000 | 583,451 | ||||||
|
Paramount Global, 4.20%, 06/01/2029 |
377,000 | 400,051 | ||||||
|
|
|
|||||||
| 3,067,178 | ||||||||
|
|
|
|||||||
| Principal | ||||||||
| Amount | Value | |||||||
|
Metals & Mining-0.26% |
| |||||||
|
ArcelorMittal S.A. (Luxembourg), 4.25%, 07/16/2029(b) |
$ | 370,000 | $ | 379,620 | ||||
|
|
|
|||||||
|
Multiline Retail-0.62% |
| |||||||
|
Target Corp., 3.38%, 04/15/2029(b) |
843,000 | 894,865 | ||||||
|
|
|
|||||||
|
Multi-Utilities-0.25% |
| |||||||
|
DTE Energy Co., Series C, 3.40%, 06/15/2029(b) |
349,000 | 355,858 | ||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-8.89% |
| |||||||
|
Cenovus Energy, Inc. (Canada), 4.40%, 04/15/2029 |
557,000 | 595,513 | ||||||
|
Chevron USA, Inc., 3.25%, 10/15/2029 |
370,000 | 389,020 | ||||||
|
ConocoPhillips, 6.95%, 04/15/2029 |
1,260,000 | 1,611,641 | ||||||
|
Diamondback Energy, Inc., 3.50%, 12/01/2029 |
1,000,000 | 1,012,221 | ||||||
|
Enbridge, Inc. (Canada), 3.13%, 11/15/2029 |
847,000 | 847,080 | ||||||
|
Energy Transfer L.P. |
||||||||
|
5.25%, 04/15/2029 |
1,200,000 | 1,318,219 | ||||||
|
4.15%, 09/15/2029 |
407,000 | 420,485 | ||||||
|
Enterprise Products Operating LLC, 3.13%, 07/31/2029 |
1,030,000 | 1,041,904 | ||||||
|
Exxon Mobil Corp., 2.44%, 08/16/2029 |
980,000 | 964,358 | ||||||
|
MPLX L.P., 4.80%, 02/15/2029 |
555,000 | 607,681 | ||||||
|
ONEOK, Inc., 4.35%, 03/15/2029 |
524,000 | 550,171 | ||||||
|
Phillips 66 Partners L.P., 3.15%, 12/15/2029 |
447,000 | 441,834 | ||||||
|
Shell International Finance B.V. (Netherlands), 2.38%, 11/07/2029(b) |
1,220,000 | 1,189,996 | ||||||
|
TotalEnergies Capital International S.A. (France), 3.46%, 02/19/2029 |
930,000 | 970,109 | ||||||
|
Valero Energy Corp., 4.00%, 04/01/2029 |
843,000 | 881,831 | ||||||
|
|
|
|||||||
| 12,842,063 | ||||||||
|
|
|
|||||||
|
Paper & Forest Products-0.34% |
| |||||||
|
Georgia-Pacific LLC, 7.75%, 11/15/2029 |
369,000 | 492,773 | ||||||
|
|
|
|||||||
|
Personal Products-0.80% |
| |||||||
|
Estee Lauder Cos., Inc. (The), 2.38%, 12/01/2029 |
487,000 | 479,257 | ||||||
|
Unilever Capital Corp. (United Kingdom), 2.13%, 09/06/2029 |
700,000 | 670,385 | ||||||
|
|
|
|||||||
| 1,149,642 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-3.80% |
| |||||||
|
AstraZeneca PLC (United Kingdom), 4.00%, 01/17/2029 |
845,000 | 914,921 | ||||||
|
Eli Lilly and Co., 3.38%, 03/15/2029 |
777,000 | 821,784 | ||||||
|
GlaxoSmithKline Capital PLC (United Kingdom), 3.38%, 06/01/2029 |
747,000 | 782,599 | ||||||
|
Merck & Co., Inc., 3.40%, 03/07/2029 |
1,410,000 | 1,487,259 | ||||||
|
Pfizer, Inc., 3.45%, 03/15/2029 |
1,410,000 | 1,486,240 | ||||||
|
|
|
|||||||
| 5,492,803 | ||||||||
|
|
|
|||||||
|
Road & Rail-1.03% |
| |||||||
|
CSX Corp., 4.25%, 03/15/2029 |
804,000 | 874,078 | ||||||
|
Union Pacific Corp., 3.70%, 03/01/2029(b) |
573,000 | 607,248 | ||||||
|
|
|
|||||||
| 1,481,326 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-3.09% |
| |||||||
|
Intel Corp., 2.45%, 11/15/2029 |
1,597,000 | 1,560,448 | ||||||
|
KLA Corp., 4.10%, 03/15/2029 |
695,000 | 750,352 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
51 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT)–(continued) February 28, 2022 (Unaudited) |
| Principal | ||||||||
| Amount | Value | |||||||
|
Semiconductors & Semiconductor Equipment-(continued) |
| |||||||
|
Lam Research Corp., 4.00%, 03/15/2029 |
$ | 843,000 | $ | 912,237 | ||||
|
Micron Technology, Inc., 5.33%, 02/06/2029 |
525,000 | 585,869 | ||||||
|
Texas Instruments, Inc., 2.25%, 09/04/2029(b) |
657,000 | 647,414 | ||||||
|
|
|
|||||||
| 4,456,320 | ||||||||
|
|
|
|||||||
|
Specialty Retail-3.22% |
| |||||||
|
Dell International LLC/EMC Corp., 5.30%, 10/01/2029 |
1,370,000 | 1,531,718 | ||||||
|
Home Depot, Inc. (The), 2.95%, 06/15/2029 |
1,403,000 | 1,433,081 | ||||||
|
Lowe’s Cos., Inc., 3.65%, 04/05/2029 |
1,220,000 | 1,279,548 | ||||||
|
O’Reilly Automotive, Inc., 3.90%, 06/01/2029 |
377,000 | 399,398 | ||||||
|
|
|
|||||||
| 4,643,745 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-1.13% |
| |||||||
|
Apple, Inc., 2.20%, 09/11/2029 |
1,310,000 | 1,287,232 | ||||||
|
Western Digital Corp., 2.85%, 02/01/2029 |
370,000 | 347,627 | ||||||
|
|
|
|||||||
| 1,634,859 | ||||||||
|
|
|
|||||||
|
Tobacco-1.79% |
| |||||||
|
Altria Group, Inc., 4.80%, 02/14/2029 |
1,520,000 | 1,643,567 | ||||||
|
BAT Capital Corp. (United Kingdom), 3.46%, 09/06/2029 |
377,000 | 370,824 | ||||||
|
Philip Morris International, Inc., 3.38%, 08/15/2029 |
557,000 | 574,200 | ||||||
|
|
|
|||||||
| 2,588,591 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.28% |
| |||||||
|
GATX Corp., 4.70%, 04/01/2029 |
370,000 | 407,681 | ||||||
|
|
|
|||||||
|
Water Utilities-0.29% |
| |||||||
|
American Water Capital Corp., 3.45%, 06/01/2029 |
399,000 | 412,515 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-1.18% |
| |||||||
|
T-Mobile USA, Inc. |
||||||||
|
2.63%, 02/15/2029 |
850,000 | 798,613 | ||||||
|
3.38%, 04/15/2029(b) |
920,000 | 903,109 | ||||||
|
|
|
|||||||
| 1,701,722 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
142,627,759 | ||||||
|
|
|
|||||||
|
Investment Abbreviations: |
||||||||
|
REIT-Real Estate Investment Trust |
||||||||
| Shares |
Value | |||||||
|
Money Market Funds-0.22% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
315,224 | $ | 315,224 | |||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
142,942,983 | ||||||
|
|
|
|||||||
| Investments Purchased with
Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-6.42% |
||||||||
|
Invesco Private Government Fund, |
2,780,795 | 2,780,795 | ||||||
|
Invesco Private Prime Fund, 0.08%(c)(d)(e) |
6,487,874 | 6,488,523 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
9,269,318 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-105.42% |
|
152,212,301 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(5.42)% |
|
(7,819,194 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 144,393,107 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
52 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 274,065 | $ | 6,602,840 | $ | (6,561,681 | ) | $ | - | $ | - | $ | 315,224 | $ | 81 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
1,765,532 | 12,198,700 | (11,183,437 | ) | - | - | 2,780,795 | 314 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
4,119,575 | 22,640,342 | (20,269,831 | ) | (273 | ) | (1,290 | ) | 6,488,523 | 2,641 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 6,159,172 | $ | 41,441,882 | $ | (38,014,949 | ) | $ | (273 | ) | $ | (1,290 | ) | $ | 9,584,542 | $ | 3,036 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
15.02 | |||
|
Health Care |
12.29 | |||
|
Information Technology |
11.74 | |||
|
Communication Services |
10.24 | |||
|
Energy |
9.69 | |||
|
Consumer Staples |
9.01 | |||
|
Real Estate |
8.09 | |||
|
Industrials |
6.97 | |||
|
Consumer Discretionary |
6.85 | |||
|
Utilities |
5.02 | |||
|
Materials |
3.86 | |||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.22 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
53 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-99.01% |
| |||||||
|
Aerospace & Defense-3.77% |
| |||||||
|
Boeing Co. (The), 5.15%, 05/01/2030 |
$ | 1,930,000 | $ | 2,130,740 | ||||
|
Raytheon Technologies Corp., 2.25%, 07/01/2030 |
433,000 | 410,327 | ||||||
|
Teledyne FLIR LLC, 2.50%, 08/01/2030 |
210,000 | 199,383 | ||||||
|
Textron, Inc., 3.00%, 06/01/2030 |
281,000 | 276,897 | ||||||
|
|
|
|||||||
| 3,017,347 | ||||||||
|
|
|
|||||||
|
Auto Components-0.39% |
| |||||||
|
Magna International, Inc. (Canada), 2.45%, 06/15/2030 |
321,000 | 309,120 | ||||||
|
|
|
|||||||
|
Automobiles-0.59% |
| |||||||
|
General Motors Financial Co., Inc., 3.60%, 06/21/2030 |
473,000 | 474,953 | ||||||
|
|
|
|||||||
|
Banks-5.69% |
| |||||||
|
Banco Santander S.A. (Spain), 3.49%, 05/28/2030(b) |
400,000 | 400,742 | ||||||
|
Citizens Financial Group, Inc., 3.25%, 04/30/2030 |
320,000 | 324,344 | ||||||
|
Mitsubishi UFJ Financial Group, Inc. (Japan) |
||||||||
|
2.56%, 02/25/2030 |
400,000 | 385,201 | ||||||
|
2.05%, 07/17/2030 |
600,000 | 553,296 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan) |
| |||||||
|
2.75%, 01/15/2030 |
600,000 | 588,792 | ||||||
|
2.13%, 07/08/2030 |
600,000 | 561,087 | ||||||
|
2.14%, 09/23/2030 |
360,000 | 328,455 | ||||||
|
SVB Financial Group, 3.13%, 06/05/2030 |
217,000 | 218,345 | ||||||
|
Truist Bank, 2.25%, 03/11/2030 |
500,000 | 473,977 | ||||||
|
Truist Financial Corp., 1.95%, 06/05/2030 |
260,000 | 243,044 | ||||||
|
U.S. Bancorp, 1.38%, 07/22/2030(b) |
537,000 | 480,669 | ||||||
|
|
|
|||||||
| 4,557,952 | ||||||||
|
|
|
|||||||
|
Beverages-2.44% |
| |||||||
|
Coca-Cola Co. (The), 1.65%, 06/01/2030 |
643,000 | 595,986 | ||||||
|
Constellation Brands, Inc., 2.88%, 05/01/2030 |
260,000 | 253,804 | ||||||
|
Diageo Capital PLC (United Kingdom), 2.00%, 04/29/2030 |
400,000 | 377,593 | ||||||
|
Keurig Dr Pepper, Inc., 3.20%, 05/01/2030 |
327,000 | 330,537 | ||||||
|
PepsiCo, Inc., 1.63%, 05/01/2030 |
427,000 | 398,515 | ||||||
|
|
|
|||||||
| 1,956,435 | ||||||||
|
|
|
|||||||
|
Biotechnology-2.46% |
| |||||||
|
Amgen, Inc., 2.45%, 02/21/2030 |
533,000 | 514,907 | ||||||
|
Biogen, Inc., 2.25%, 05/01/2030 |
643,000 | 588,956 | ||||||
|
Gilead Sciences, Inc., 1.65%, 10/01/2030(b) |
427,000 | 388,249 | ||||||
|
Regeneron Pharmaceuticals, Inc., 1.75%, 09/15/2030 |
540,000 | 482,693 | ||||||
|
|
|
|||||||
| 1,974,805 | ||||||||
|
|
|
|||||||
|
Building Products-0.31% |
| |||||||
|
Johnson Controls International PLC/Tyco Fire & |
| |||||||
|
Security Finance S.C.A., 1.75%, 09/15/2030 |
271,000 | 247,166 | ||||||
|
|
|
|||||||
|
Capital Markets-2.83% |
| |||||||
|
Brookfield Finance, Inc. (Canada), 4.35%, 04/15/2030 |
327,000 | 352,031 | ||||||
|
Cboe Global Markets, Inc., 1.63%, 12/15/2030 |
210,000 | 189,471 | ||||||
| Principal Amount |
Value | |||||||
|
Capital Markets-(continued) |
| |||||||
|
CI Financial Corp. (Canada), 3.20%, 12/17/2030 |
$ | 410,000 | $ | 386,459 | ||||
|
Franklin Resources, Inc., 1.60%, 10/30/2030 |
361,000 | 323,145 | ||||||
|
Nomura Holdings, Inc. (Japan), 2.68%, 07/16/2030 |
400,000 | 379,484 | ||||||
|
Northern Trust Corp., 1.95%, 05/01/2030 |
427,000 | 406,285 | ||||||
|
S&P Global, Inc., 1.25%, 08/15/2030 |
261,000 | 231,447 | ||||||
|
|
|
|||||||
| 2,268,322 | ||||||||
|
|
|
|||||||
|
Chemicals-2.19% |
| |||||||
|
Air Products and Chemicals, Inc., 2.05%, 05/15/2030 |
387,000 | 370,600 | ||||||
|
Dow Chemical Co. (The), 2.10%, 11/15/2030(b) |
363,000 | 338,897 | ||||||
|
EI du Pont de Nemours and Co., 2.30%, 07/15/2030 |
160,000 | 154,607 | ||||||
|
Linde, Inc., 1.10%, 08/10/2030(b) |
301,000 | 268,328 | ||||||
|
LYB International Finance III LLC, 2.25%, 10/01/2030(b) |
210,000 | 197,172 | ||||||
|
Nutrien Ltd. (Canada), 2.95%, 05/13/2030 |
217,000 | 216,115 | ||||||
|
Sherwin-Williams Co. (The), 2.30%, 05/15/2030 |
218,000 | 206,666 | ||||||
|
|
|
|||||||
| 1,752,385 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.31% |
| |||||||
|
Republic Services, Inc., 2.30%, 03/01/2030 |
260,000 | 248,907 | ||||||
|
|
|
|||||||
|
Communications Equipment-0.44% |
| |||||||
|
Motorola Solutions, Inc., 2.30%, 11/15/2030 |
383,000 | 352,289 | ||||||
|
|
|
|||||||
|
Construction & Engineering-0.51% |
| |||||||
|
Quanta Services, Inc., 2.90%, 10/01/2030 |
427,000 | 409,730 | ||||||
|
|
|
|||||||
|
Construction Materials-0.67% |
| |||||||
|
Martin Marietta Materials, Inc., Series CB, 2.50%, 03/15/2030 |
218,000 | 209,088 | ||||||
|
Vulcan Materials Co., 3.50%, 06/01/2030 |
320,000 | 330,887 | ||||||
|
|
|
|||||||
| 539,975 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.85% |
| |||||||
|
Amcor Flexibles North America, Inc., 2.63%, 06/19/2030 |
215,000 | 208,322 | ||||||
|
Avery Dennison Corp., 2.65%, 04/30/2030 |
218,000 | 209,840 | ||||||
|
Sonoco Products Co., 3.13%, 05/01/2030 |
260,000 | 259,985 | ||||||
|
|
|
|||||||
| 678,147 | ||||||||
|
|
|
|||||||
|
Distributors-0.24% |
| |||||||
|
Genuine Parts Co., 1.88%, 11/01/2030 |
218,000 | 195,790 | ||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.52% |
| |||||||
|
Block Financial LLC, 3.88%, 08/15/2030 |
282,000 | 285,049 | ||||||
|
Yale University, Series 2020, 1.48%, 04/15/2030 |
138,000 | 128,349 | ||||||
|
|
|
|||||||
| 413,398 | ||||||||
|
|
|
|||||||
|
Diversified Financial Services-0.54% |
| |||||||
|
GE Capital Funding LLC, 4.40%, 05/15/2030 |
400,000 | 431,908 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
54 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Diversified Telecommunication Services-1.03% |
| |||||||
|
Verizon Communications, Inc. |
| |||||||
|
1.50%, 09/18/2030 |
$ | 430,000 | $ | 384,182 | ||||
|
1.68%, 10/30/2030 |
490,000 | 440,503 | ||||||
|
|
|
|||||||
| 824,685 | ||||||||
|
|
|
|||||||
|
Electric Utilities-5.32% |
| |||||||
|
AEP Texas, Inc., Series I, 2.10%, 07/01/2030 |
257,000 | 235,963 | ||||||
|
Alabama Power Co., Series 20-A, 1.45%, 09/15/2030 |
261,000 | 233,502 | ||||||
|
Berkshire Hathaway Energy Co., 3.70%, 07/15/2030 |
370,000 | 391,749 | ||||||
|
Duke Energy Carolinas LLC, 2.45%, 02/01/2030 |
218,000 | 212,812 | ||||||
|
Duke Energy Corp., 2.45%, 06/01/2030(b) |
360,000 | 342,138 | ||||||
|
Duke Energy Florida LLC, 1.75%, 06/15/2030(b) |
218,000 | 200,921 | ||||||
|
Entergy Corp., 2.80%, 06/15/2030 |
257,000 | 247,261 | ||||||
|
Eversource Energy, Series R, 1.65%, 08/15/2030 |
261,000 | 231,678 | ||||||
|
NextEra Energy Capital Holdings, Inc., 2.25%, 06/01/2030 |
863,000 | 801,570 | ||||||
|
Pacific Gas and Electric Co., 4.55%, 07/01/2030 |
1,327,000 | 1,363,845 | ||||||
|
|
|
|||||||
| 4,261,439 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.51% |
| |||||||
|
Acuity Brands Lighting, Inc., 2.15%, 12/15/2030 |
218,000 | 201,075 | ||||||
|
Emerson Electric Co., 1.95%, 10/15/2030 |
218,000 | 204,344 | ||||||
|
|
|
|||||||
| 405,419 | ||||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-0.26% |
| |||||||
|
Jabil, Inc., 3.60%, 01/15/2030 |
210,000 | 212,669 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-1.36% |
| |||||||
|
Baker Hughes Holdings LLC/Baker Hughes |
| |||||||
|
Co-Obligor, Inc., 4.49%, 05/01/2030 |
218,000 | 239,118 | ||||||
|
Halliburton Co., 2.92%, 03/01/2030(b) |
337,000 | 331,601 | ||||||
|
Schlumberger Investment S.A., 2.65%, 06/26/2030(b) |
533,000 | 517,955 | ||||||
|
|
|
|||||||
| 1,088,674 | ||||||||
|
|
|
|||||||
|
Entertainment-0.64% |
| |||||||
|
Activision Blizzard, Inc., 1.35%, 09/15/2030 |
218,000 | 194,316 | ||||||
|
RELX Capital, Inc. (United Kingdom), 3.00%, 05/22/2030 |
320,000 | 320,475 | ||||||
|
|
|
|||||||
| 514,791 | ||||||||
|
|
|
|||||||
|
Equity REITs-3.69% |
| |||||||
|
American Tower Corp. |
| |||||||
|
2.90%, 01/15/2030 |
320,000 | 309,476 | ||||||
|
2.10%, 06/15/2030 |
320,000 | 289,944 | ||||||
|
1.88%, 10/15/2030 |
340,000 | 302,644 | ||||||
|
Brixmor Operating Partnership L.P., 4.05%, 07/01/2030 |
340,000 | 352,958 | ||||||
|
Camden Property Trust, 2.80%, 05/15/2030 |
318,000 | 314,929 | ||||||
|
Host Hotels & Resorts L.P., Series I, 3.50%, 09/15/2030 |
320,000 | 312,406 | ||||||
|
Kimco Realty Corp., 2.70%, 10/01/2030 |
210,000 | 204,271 | ||||||
|
Prologis L.P., 1.25%, 10/15/2030 |
321,000 | 283,290 | ||||||
| Principal Amount |
Value | |||||||
|
Equity REITs-(continued) |
| |||||||
|
Regency Centers L.P., 3.70%, 06/15/2030 |
$ | 260,000 | $ | 271,849 | ||||
|
Simon Property Group L.P., 2.65%, 07/15/2030 |
320,000 | 312,553 | ||||||
|
|
|
|||||||
| 2,954,320 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.41% |
| |||||||
|
Costco Wholesale Corp., 1.60%, 04/20/2030 |
753,000 | 699,209 | ||||||
|
Kroger Co. (The), 2.20%, 05/01/2030 |
218,000 | 206,351 | ||||||
|
Walgreens Boots Alliance, Inc., 3.20%, 04/15/2030(b) |
218,000 | 220,480 | ||||||
|
|
|
|||||||
| 1,126,040 | ||||||||
|
|
|
|||||||
|
Food Products-2.87% |
| |||||||
|
Campbell Soup Co., 2.38%, 04/24/2030(b) |
218,000 | 207,931 | ||||||
|
Hormel Foods Corp., 1.80%, 06/11/2030 |
433,000 | 404,314 | ||||||
|
Ingredion, Inc., 2.90%, 06/01/2030 |
260,000 | 257,472 | ||||||
|
JM Smucker Co. (The), 2.38%, 03/15/2030 |
218,000 | 207,303 | ||||||
|
Kellogg Co., 2.10%, 06/01/2030 |
168,000 | 158,096 | ||||||
|
Kraft Heinz Foods Co. (The), 3.75%, 04/01/2030 |
320,000 | 327,776 | ||||||
|
McCormick & Co., Inc., 2.50%, 04/15/2030 |
218,000 | 209,896 | ||||||
|
Mondelez International, Inc., 2.75%, 04/13/2030 |
533,000 | 525,952 | ||||||
|
|
|
|||||||
| 2,298,740 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.59% |
| |||||||
|
CenterPoint Energy Resources Corp., 1.75%, 10/01/2030 |
218,000 | 196,980 | ||||||
|
Southern California Gas Co., Series XX, 2.55%, 02/01/2030 |
280,000 | 272,786 | ||||||
|
|
|
|||||||
| 469,766 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-2.73% |
| |||||||
|
Abbott Laboratories, 1.40%, 06/30/2030 |
281,000 | 256,834 | ||||||
|
Becton, Dickinson and Co., 2.82%, 05/20/2030(b) |
327,000 | 321,452 | ||||||
|
Boston Scientific Corp., 2.65%, 06/01/2030 |
513,000 | 497,822 | ||||||
|
DENTSPLY SIRONA, Inc., 3.25%, 06/01/2030 |
327,000 | 331,348 | ||||||
|
Smith & Nephew PLC (United Kingdom), 2.03%, 10/14/2030 |
427,000 | 387,902 | ||||||
|
Stryker Corp., 1.95%, 06/15/2030 |
427,000 | 395,596 | ||||||
|
|
|
|||||||
| 2,190,954 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-5.55% |
| |||||||
|
AmerisourceBergen Corp., 2.80%, 05/15/2030 |
218,000 | 214,445 | ||||||
|
Anthem, Inc., 2.25%, 05/15/2030 |
473,000 | 450,148 | ||||||
|
Centene Corp. |
| |||||||
|
3.38%, 02/15/2030 |
859,000 | 825,486 | ||||||
|
3.00%, 10/15/2030 |
943,000 | 900,326 | ||||||
|
Cigna Corp., 2.40%, 03/15/2030 |
643,000 | 611,752 | ||||||
|
CommonSpirit Health, 2.78%, 10/01/2030 |
170,000 | 166,017 | ||||||
|
CVS Health Corp., 1.75%, 08/21/2030 |
540,000 | 488,249 | ||||||
|
Sutter Health, Series 20-A, 2.29%, 08/15/2030 |
300,000 | 282,534 | ||||||
|
UnitedHealth Group, Inc., 2.00%, 05/15/2030(b) |
533,000 | 503,561 | ||||||
|
|
|
|||||||
| 4,442,518 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-2.87% |
| |||||||
|
Booking Holdings, Inc., 4.63%, 04/13/2030 |
643,000 | 719,616 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
55 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Hotels, Restaurants & Leisure-(continued) |
| |||||||
|
Marriott International, Inc., Series FF, 4.63%, 06/15/2030 |
$ | 428,000 | $ | 462,459 | ||||
|
McDonald’s Corp., 2.13%, 03/01/2030 |
321,000 | 304,245 | ||||||
|
Starbucks Corp. |
| |||||||
|
2.25%, 03/12/2030 |
320,000 | 302,494 | ||||||
|
2.55%, 11/15/2030(b) |
533,000 | 512,193 | ||||||
|
|
|
|||||||
| 2,301,007 | ||||||||
|
|
|
|||||||
|
Household Durables-0.75% |
| |||||||
|
Mohawk Industries, Inc., 3.63%, 05/15/2030 |
210,000 | 216,940 | ||||||
|
NVR, Inc., 3.00%, 05/15/2030 |
383,000 | 380,754 | ||||||
|
|
|
|||||||
| 597,694 | ||||||||
|
|
|
|||||||
|
Household Products-0.86% |
| |||||||
|
Clorox Co. (The), 1.80%, 05/15/2030 |
218,000 | 200,711 | ||||||
|
Procter & Gamble Co. (The), 1.20%, 10/29/2030 |
540,000 | 488,632 | ||||||
|
|
|
|||||||
| 689,343 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.51% |
| |||||||
|
Honeywell International, Inc., 1.95%, 06/01/2030 |
433,000 | 408,479 | ||||||
|
|
|
|||||||
|
Insurance-5.65% |
| |||||||
|
Alleghany Corp., 3.63%, 05/15/2030 |
210,000 | 214,337 | ||||||
|
Allstate Corp. (The), 1.45%, 12/15/2030(b) |
260,000 | 233,638 | ||||||
|
American International Group, Inc., 3.40%, 06/30/2030 |
683,000 | 702,061 | ||||||
|
Aon Corp., 2.80%, 05/15/2030 |
427,000 | 420,341 | ||||||
|
Berkshire Hathaway Finance Corp. |
| |||||||
|
1.85%, 03/12/2030(b) |
218,000 | 206,956 | ||||||
|
1.45%, 10/15/2030 |
321,000 | 293,337 | ||||||
|
Brighthouse Financial, Inc., 5.63%, 05/15/2030 |
260,000 | 296,770 | ||||||
|
CNA Financial Corp., 2.05%, 08/15/2030 |
210,000 | 194,396 | ||||||
|
Fidelity National Financial, Inc., 3.40%, 06/15/2030 |
280,000 | 280,723 | ||||||
|
Loews Corp., 3.20%, 05/15/2030 |
218,000 | 222,936 | ||||||
|
Marsh & McLennan Cos., Inc., 2.25%, 11/15/2030 |
327,000 | 306,816 | ||||||
|
Principal Financial Group, Inc., 2.13%, 06/15/2030 |
261,000 | 247,197 | ||||||
|
Prudential Financial, Inc., 2.10%, 03/10/2030 |
218,000 | 208,540 | ||||||
|
Prudential PLC (United Kingdom), 3.13%, 04/14/2030(b) |
430,000 | 436,426 | ||||||
|
Reinsurance Group of America, Inc., 3.15%, 06/15/2030 |
260,000 | 258,920 | ||||||
|
|
|
|||||||
| 4,523,394 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-1.09% |
| |||||||
|
Alphabet, Inc., 1.10%, 08/15/2030(b) |
963,000 | 871,407 | ||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-1.49% |
| |||||||
|
Amazon.com, Inc., 1.50%, 06/03/2030 |
863,000 | 799,710 | ||||||
|
eBay, Inc., 2.70%, 03/11/2030 |
410,000 | 397,891 | ||||||
|
|
|
|||||||
| 1,197,601 | ||||||||
|
|
|
|||||||
|
IT Services-2.71% |
| |||||||
|
Automatic Data Processing, Inc., 1.25%, 09/01/2030 |
427,000 | 383,923 | ||||||
|
Fiserv, Inc., 2.65%, 06/01/2030(b) |
433,000 | 412,020 | ||||||
|
Global Payments, Inc., 2.90%, 05/15/2030 |
433,000 | 416,864 | ||||||
| Principal Amount |
Value | |||||||
|
IT Services-(continued) |
| |||||||
|
International Business Machines Corp., 1.95%, 05/15/2030(b) |
$ | 580,000 | $ | 545,035 | ||||
|
PayPal Holdings, Inc., 2.30%, 06/01/2030 |
431,000 | 410,564 | ||||||
|
|
|
|||||||
| 2,168,406 | ||||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-0.25% |
| |||||||
|
Agilent Technologies, Inc., 2.10%, 06/04/2030 |
218,000 | 202,558 | ||||||
|
|
|
|||||||
|
Machinery-2.01% |
| |||||||
|
Cummins, Inc., 1.50%, 09/01/2030 |
363,000 | 326,087 | ||||||
|
Flowserve Corp., 3.50%, 10/01/2030 |
210,000 | 208,678 | ||||||
|
IDEX Corp., 3.00%, 05/01/2030 |
218,000 | 214,939 | ||||||
|
John Deere Capital Corp., 2.45%, 01/09/2030 |
240,000 | 237,354 | ||||||
|
Otis Worldwide Corp., 2.57%, 02/15/2030 |
643,000 | 622,188 | ||||||
|
|
|
|||||||
| 1,609,246 | ||||||||
|
|
|
|||||||
|
Media-0.85% |
| |||||||
|
Discovery Communications LLC, 3.63%, 05/15/2030 |
427,000 | 428,475 | ||||||
|
Omnicom Group, Inc., 2.45%, 04/30/2030 |
261,000 | 250,484 | ||||||
|
|
|
|||||||
| 678,959 | ||||||||
|
|
|
|||||||
|
Metals & Mining-1.33% |
| |||||||
|
Newmont Corp., 2.25%, 10/01/2030 |
427,000 | 399,328 | ||||||
|
Nucor Corp., 2.70%, 06/01/2030 |
218,000 | 214,504 | ||||||
|
Reliance Steel & Aluminum Co., 2.15%, 08/15/2030 |
218,000 | 202,266 | ||||||
|
Teck Resources Ltd. (Canada), 3.90%, 07/15/2030(b) |
240,000 | 246,024 | ||||||
|
|
|
|||||||
| 1,062,122 | ||||||||
|
|
|
|||||||
|
Multi-Utilities-1.20% |
| |||||||
|
NiSource, Inc., 3.60%, 05/01/2030 |
427,000 | 436,586 | ||||||
|
Public Service Enterprise Group, Inc., 1.60%, 08/15/2030 |
241,000 | 214,348 | ||||||
|
San Diego Gas & Electric Co., Series VVV, 1.70%, 10/01/2030 |
343,000 | 311,677 | ||||||
|
|
|
|||||||
| 962,611 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-7.74% |
| |||||||
|
BP Capital Markets America, Inc., 1.75%, 08/10/2030 |
427,000 | 387,122 | ||||||
|
Canadian Natural Resources Ltd. (Canada), 2.95%, 07/15/2030(b) |
168,000 | 164,408 | ||||||
|
Chevron Corp., 2.24%, 05/11/2030 |
643,000 | 626,488 | ||||||
|
Enterprise Products Operating LLC, 2.80%, 01/31/2030 |
533,000 | 525,572 | ||||||
|
EOG Resources, Inc., 4.38%, 04/15/2030 |
320,000 | 353,588 | ||||||
|
Equinor ASA (Norway), 2.38%, 05/22/2030 |
327,000 | 318,728 | ||||||
|
Exxon Mobil Corp., 2.61%, 10/15/2030(b) |
863,000 | 857,150 | ||||||
|
Magellan Midstream Partners L.P., 3.25%, 06/01/2030 |
200,000 | 199,090 | ||||||
|
MPLX L.P., 2.65%, 08/15/2030 |
640,000 | 602,321 | ||||||
|
ONEOK, Inc., 3.10%, 03/15/2030 |
336,000 | 324,383 | ||||||
|
Phillips 66, 2.15%, 12/15/2030 |
360,000 | 332,538 | ||||||
|
Pioneer Natural Resources Co., 1.90%, 08/15/2030 |
477,000 | 433,589 | ||||||
|
Plains All American Pipeline L.P./PAA Finance Corp., 3.80%, 09/15/2030 |
327,000 | 328,295 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
56 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
|
|||||||
|
Transcontinental Gas Pipe Line Co. LLC, 3.25%, 05/15/2030 |
$ | 300,000 | $ | 305,167 | ||||
|
Williams Cos., Inc. (The), 3.50%, 11/15/2030 |
433,000 | 440,453 | ||||||
|
|
|
|||||||
| 6,198,892 | ||||||||
|
|
|
|||||||
|
Personal Products-0.60% |
|
|||||||
|
Estee Lauder Cos., Inc. (The), 2.60%, 04/15/2030 |
300,000 | 299,863 | ||||||
|
Unilever Capital Corp. (United Kingdom), 1.38%, 09/14/2030 |
200,000 | 178,697 | ||||||
|
|
|
|||||||
| 478,560 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-6.49% |
|
|||||||
|
AstraZeneca PLC (United Kingdom), 1.38%, 08/06/2030 |
560,000 | 505,853 | ||||||
|
Bristol-Myers Squibb Co., 1.45%, 11/13/2030 |
540,000 | 489,939 | ||||||
|
Johnson & Johnson, 1.30%, 09/01/2030 |
750,000 | 690,198 | ||||||
|
Merck & Co., Inc., 1.45%, 06/24/2030(b) |
533,000 | 487,117 | ||||||
|
Perrigo Finance Unlimited Co., 3.90%, 06/15/2030 |
400,000 | 367,035 | ||||||
|
Pfizer, Inc., 1.70%, 05/28/2030(b) |
427,000 | 398,772 | ||||||
|
Royalty Pharma PLC, 2.20%, 09/02/2030 |
430,000 | 390,428 | ||||||
|
Takeda Pharmaceutical Co. Ltd. (Japan), 2.05%, 03/31/2030 |
1,070,000 | 994,973 | ||||||
|
Viatris, Inc., 2.70%, 06/22/2030 |
620,000 | 581,319 | ||||||
|
Zoetis, Inc., 2.00%, 05/15/2030 |
320,000 | 297,364 | ||||||
|
|
|
|||||||
| 5,202,998 | ||||||||
|
|
|
|||||||
|
Professional Services-0.32% |
|
|||||||
|
Equifax, Inc., 3.10%, 05/15/2030 |
260,000 | 257,783 | ||||||
|
|
|
|||||||
|
Road & Rail-0.24% |
|
|||||||
|
Canadian Pacific Railway Co. (Canada), 2.05%, 03/05/2030 |
200,000 | 189,313 | ||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-2.13% |
|
|||||||
|
Applied Materials, Inc., 1.75%, 06/01/2030 |
321,000 | 300,619 | ||||||
|
Lam Research Corp., 1.90%, 06/15/2030 |
321,000 | 300,813 | ||||||
|
QUALCOMM, Inc., 2.15%, 05/20/2030 |
513,000 | 492,979 | ||||||
|
Texas Instruments, Inc., 1.75%, 05/04/2030 |
319,000 | 299,508 | ||||||
|
Xilinx, Inc., 2.38%, 06/01/2030 |
327,000 | 314,746 | ||||||
|
|
|
|||||||
| 1,708,665 | ||||||||
|
|
|
|||||||
|
Software-1.62% |
|
|||||||
|
Autodesk, Inc., 2.85%, 01/15/2030 |
210,000 | 205,176 | ||||||
|
Citrix Systems, Inc., 3.30%, 03/01/2030(b) |
320,000 | 322,427 | ||||||
|
Intuit, Inc., 1.65%, 07/15/2030 |
218,000 | 200,429 | ||||||
|
ServiceNow, Inc., 1.40%, 09/01/2030 |
643,000 | 569,107 | ||||||
|
|
|
|||||||
| 1,297,139 | ||||||||
|
|
|
|||||||
|
Specialty Retail-2.34% |
|
|||||||
|
AutoNation, Inc., 4.75%, 06/01/2030 |
218,000 | 235,079 | ||||||
|
Best Buy Co., Inc., 1.95%, 10/01/2030 |
281,000 | 256,074 | ||||||
|
Dell International LLC/EMC Corp., 6.20%, 07/15/2030 |
320,000 | 378,967 | ||||||
|
Leidos, Inc., 4.38%, 05/15/2030 |
260,000 | 274,750 | ||||||
|
Lowe’s Cos., Inc., 1.70%, 10/15/2030(b) |
537,000 | 483,527 | ||||||
|
Tractor Supply Co., 1.75%, 11/01/2030 |
281,000 | 249,576 | ||||||
|
|
|
|||||||
| 1,877,973 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Technology Hardware, Storage & Peripherals-1.85% |
|
|||||||
|
Apple, Inc. |
|
|||||||
|
1.65%, 05/11/2030 |
$ | 753,000 | $ | 702,628 | ||||
|
1.25%, 08/20/2030 |
540,000 | 486,960 | ||||||
|
NetApp, Inc., 2.70%, 06/22/2030 |
300,000 | 290,698 | ||||||
|
|
|
|||||||
| 1,480,286 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.79% |
|
|||||||
|
Ralph Lauren Corp., 2.95%, 06/15/2030(b) |
321,000 | 320,432 | ||||||
|
VF Corp., 2.95%, 04/23/2030 |
320,000 | 314,915 | ||||||
|
|
|
|||||||
| 635,347 | ||||||||
|
|
|
|||||||
|
Tobacco-1.14% |
|
|||||||
|
Altria Group, Inc., 3.40%, 05/06/2030 |
327,000 | 322,096 | ||||||
|
|
|
|||||||
|
Philip Morris International, Inc. |
|
|||||||
|
2.10%, 05/01/2030 |
320,000 | 300,948 | ||||||
|
1.75%, 11/01/2030 |
324,000 | 293,424 | ||||||
|
|
|
|||||||
| 916,468 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.93% |
|
|||||||
|
Air Lease Corp. |
|
|||||||
|
3.00%, 02/01/2030 |
220,000 | 211,079 | ||||||
|
3.13%, 12/01/2030 |
320,000 | 308,629 | ||||||
|
GATX Corp., 4.00%, 06/30/2030 |
217,000 | 229,060 | ||||||
|
|
|
|||||||
| 748,768 | ||||||||
|
|
|
|||||||
|
Water Utilities-0.54% |
|
|||||||
|
American Water Capital Corp., 2.80%, 05/01/2030 |
217,000 | 214,922 | ||||||
|
Essential Utilities, Inc., 2.70%, 04/15/2030 |
218,000 | 214,399 | ||||||
|
|
|
|||||||
| 429,321 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
79,312,984 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.19% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
148,752 | 148,752 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
79,461,736 | ||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
|
|||||||
| Money Market Funds-11.29% |
|
|||||||
|
Invesco Private Government Fund, |
2,713,858 | 2,713,858 | ||||||
|
Invesco Private Prime Fund, |
6,331,702 | 6,332,335 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
9,046,193 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-110.49% |
|
88,507,929 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(10.49)% |
|
(8,403,594 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
|
$ | 80,104,335 | |||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
57 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU)–(continued) February 28, 2022 (Unaudited) |
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ |
7,342 |
|
$ |
653,762 |
|
$ |
(512,352 |
) |
$ |
- |
|
$ |
- |
|
$ |
148,752 |
|
$ |
20 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
935,638 | 5,266,009 | (3,487,789 | ) | - | - | 2,713,858 | 226 | * | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
2,183,156 | 11,262,390 | (7,112,020 | ) | (510 | ) | (681 | ) | 6,332,335 | 1,490 | * | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Total |
$ | 3,126,136 | $ | 17,182,161 | $ | (11,112,161 | ) | $ | (510 | ) | $ | (681 | ) | $ | 9,194,945 | $ | 1,736 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Health Care |
17.49 | |||||
|
Financials |
14.71 | |||||
|
Consumer Discretionary |
9.99 | |||||
|
Industrials |
9.42 | |||||
|
Consumer Staples |
9.32 | |||||
|
Energy |
9.10 | |||||
|
Information Technology |
9.01 | |||||
|
Utilities |
7.64 | |||||
|
Materials |
5.03 | |||||
|
Real Estate |
3.69 | |||||
|
Communication Services |
3.61 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
0.99 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
58 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.54% |
| |||||||
|
Aerospace & Defense-1.77% |
| |||||||
|
Boeing Co. (The), 3.63%, 02/01/2031 |
$ | 130,000 | $ | 131,160 | ||||
|
General Dynamics Corp., 2.25%, 06/01/2031 |
40,000 | 38,914 | ||||||
|
L3Harris Technologies, Inc., 1.80%, 01/15/2031 |
60,000 | 54,211 | ||||||
|
Raytheon Technologies Corp., 1.90%, 09/01/2031 |
80,000 | 72,907 | ||||||
|
Textron, Inc., 2.45%, 03/15/2031 |
50,000 | 46,881 | ||||||
|
|
|
|||||||
| 344,073 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.49% |
| |||||||
|
FedEx Corp., 2.40%, 05/15/2031 |
100,000 | 95,336 | ||||||
|
|
|
|||||||
|
Automobiles-2.84% |
| |||||||
|
American Honda Finance Corp., 1.80%, 01/13/2031 |
50,000 | 46,210 | ||||||
|
Daimler Finance North America LLC (Germany), 8.50%, 01/18/2031 |
140,000 | 199,205 | ||||||
|
General Motors Financial Co., Inc. |
||||||||
|
2.35%, 01/08/2031 |
80,000 | 72,801 | ||||||
|
2.70%, 06/10/2031 |
100,000 | 92,593 | ||||||
|
Toyota Motor Corp. (Japan), 2.36%, 03/25/2031 |
50,000 | 49,055 | ||||||
|
Toyota Motor Credit Corp. |
||||||||
|
1.65%, 01/10/2031 |
50,000 | 45,723 | ||||||
|
1.90%, 09/12/2031 |
50,000 | 46,256 | ||||||
|
|
|
|||||||
| 551,843 | ||||||||
|
|
|
|||||||
|
Banks-1.87% |
| |||||||
|
Royal Bank of Canada (Canada), 2.30%, 11/03/2031 |
140,000 | 132,632 | ||||||
|
Sumitomo Mitsui Financial Group, Inc. (Japan), 2.22%, 09/17/2031 |
200,000 | 186,179 | ||||||
|
SVB Financial Group, 1.80%, 02/02/2031 |
50,000 | 45,288 | ||||||
|
|
|
|||||||
| 364,099 | ||||||||
|
|
|
|||||||
|
Beverages-2.88% |
| |||||||
|
Anheuser-Busch InBev Worldwide, Inc. (Belgium), 4.90%, 01/23/2031 |
70,000 | 80,329 | ||||||
|
Coca-Cola Co. (The) |
||||||||
|
2.00%, 03/05/2031 |
70,000 | 66,366 | ||||||
|
1.38%, 03/15/2031 |
120,000 | 107,980 | ||||||
|
Constellation Brands, Inc., 2.25%, 08/01/2031 |
100,000 | 91,429 | ||||||
|
Keurig Dr Pepper, Inc., 2.25%, 03/15/2031 |
50,000 | 46,790 | ||||||
|
PepsiCo, Inc. |
||||||||
|
1.40%, 02/25/2031(b) |
60,000 | 54,016 | ||||||
|
1.95%, 10/21/2031 |
120,000 | 113,852 | ||||||
|
|
|
|||||||
| 560,762 | ||||||||
|
|
|
|||||||
|
Biotechnology-0.57% |
| |||||||
|
Amgen, Inc., 2.30%, 02/25/2031 |
120,000 | 111,918 | ||||||
|
|
|
|||||||
|
Building Products-0.86% |
| |||||||
|
Carrier Global Corp., 2.70%, 02/15/2031 |
70,000 | 67,750 | ||||||
|
Johnson Controls International PLC/Tyco Fire & Security Finance S.C.A., 2.00%, 09/16/2031 |
50,000 | 45,616 | ||||||
|
Masco Corp., 2.00%, 02/15/2031 |
60,000 | 54,436 | ||||||
|
|
|
|||||||
| 167,802 | ||||||||
|
|
|
|||||||
|
Capital Markets-4.95% |
||||||||
|
Ares Capital Corp., 3.20%, 11/15/2031 |
60,000 | 54,263 | ||||||
| Principal Amount |
Value | |||||||
|
Capital Markets-(continued) |
| |||||||
|
Bank of New York Mellon Corp. (The) |
||||||||
|
1.65%, 01/28/2031 |
$ | 50,000 | $ | 46,126 | ||||
|
1.80%, 07/28/2031 |
50,000 | 45,957 | ||||||
|
BlackRock, Inc., 1.90%, 01/28/2031 |
120,000 | 111,559 | ||||||
|
Brookfield Finance, Inc. (Canada), 2.72%, 04/15/2031 |
40,000 | 38,282 | ||||||
|
Charles Schwab Corp. (The) |
||||||||
|
1.65%, 03/11/2031 |
70,000 | 63,640 | ||||||
|
2.30%, 05/13/2031 |
70,000 | 66,989 | ||||||
|
1.95%, 12/01/2031 |
80,000 | 73,771 | ||||||
|
Jefferies Group LLC/Jefferies Group Capital Finance, Inc., 2.63%, 10/15/2031 |
100,000 | 93,107 | ||||||
|
Moody’s Corp., 2.00%, 08/19/2031 |
60,000 | 55,010 | ||||||
|
Nasdaq, Inc., 1.65%, 01/15/2031 |
60,000 | 52,870 | ||||||
|
Nomura Holdings, Inc. (Japan), 2.61%, 07/14/2031 |
200,000 | 186,738 | ||||||
|
State Street Corp., 2.20%, 03/03/2031 |
80,000 | 75,270 | ||||||
|
|
|
|||||||
| 963,582 | ||||||||
|
|
|
|||||||
|
Chemicals-0.27% |
| |||||||
|
Ecolab, Inc., 1.30%, 01/30/2031 |
60,000 | 53,385 | ||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.73% |
| |||||||
|
Republic Services, Inc., 1.45%, 02/15/2031 |
60,000 | 53,168 | ||||||
|
Waste Management, Inc., 1.50%, 03/15/2031 |
100,000 | 89,458 | ||||||
|
|
|
|||||||
| 142,626 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.39% |
| |||||||
|
Motorola Solutions, Inc., 2.75%, 05/24/2031 |
80,000 | 75,507 | ||||||
|
|
|
|||||||
|
Construction Materials-0.77% |
| |||||||
|
Eagle Materials, Inc., 2.50%, 07/01/2031 |
70,000 | 65,444 | ||||||
|
Martin Marietta Materials, Inc., 2.40%, 07/15/2031 |
90,000 | 84,362 | ||||||
|
|
|
|||||||
| 149,806 | ||||||||
|
|
|
|||||||
|
Consumer Finance-1.89% |
| |||||||
|
Ally Financial, Inc. |
||||||||
|
8.00%, 11/01/2031 |
190,000 | 250,163 | ||||||
|
8.00%, 11/01/2031 |
40,000 | 52,194 | ||||||
|
Synchrony Financial, 2.88%, 10/28/2031 |
70,000 | 65,054 | ||||||
|
|
|
|||||||
| 367,411 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.40% |
| |||||||
|
Amcor Flexibles North America, Inc., 2.69%, 05/25/2031 |
80,000 | 77,067 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-0.25% |
| |||||||
|
ORIX Corp. (Japan), 2.25%, 03/09/2031 |
50,000 | 48,254 | ||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-6.26% |
| |||||||
|
AT&T, Inc., 2.75%, 06/01/2031 |
290,000 | 282,113 | ||||||
|
Orange S.A. (France), 9.00%, 03/01/2031 |
240,000 | 343,969 | ||||||
|
Verizon Communications, Inc. |
||||||||
|
1.75%, 01/20/2031 |
220,000 | 198,168 | ||||||
|
2.55%, 03/21/2031 |
410,000 | 393,813 | ||||||
|
|
|
|||||||
| 1,218,063 | ||||||||
|
|
|
|||||||
|
Electric Utilities-4.92% |
| |||||||
|
Appalachian Power Co., Series AA, 2.70%, 04/01/2031 |
50,000 | 48,066 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
59 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Electric Utilities-(continued) |
| |||||||
|
Baltimore Gas and Electric Co., 2.25%, 06/15/2031 |
$ | 60,000 | $ | 57,187 | ||||
|
Berkshire Hathaway Energy Co., 1.65%, 05/15/2031 |
50,000 | 44,858 | ||||||
|
Consolidated Edison Co. of New York, Inc., 2.40%, 06/15/2031 |
90,000 | 85,735 | ||||||
|
Duke Energy Carolinas LLC, 2.55%, 04/15/2031 |
50,000 | 48,725 | ||||||
|
Duke Energy Corp., 2.55%, 06/15/2031 |
100,000 | 93,699 | ||||||
|
Duke Energy Florida LLC, 2.40%, 12/15/2031 |
60,000 | 57,082 | ||||||
|
Duke Energy Progress LLC, 2.00%, 08/15/2031 |
60,000 | 55,784 | ||||||
|
Entergy Corp., 2.40%, 06/15/2031 |
60,000 | 55,539 | ||||||
|
Entergy Texas, Inc., 1.75%, 03/15/2031 |
60,000 | 54,226 | ||||||
|
Pacific Gas and Electric Co., 2.50%, 02/01/2031 |
170,000 | 151,492 | ||||||
|
Progress Energy, Inc., 7.75%, 03/01/2031 |
50,000 | 66,527 | ||||||
|
Public Service Co. of Colorado, 1.88%, 06/15/2031 |
70,000 | 64,688 | ||||||
|
Southern Co. Gas Capital Corp., Series 20-A, 1.75%, 01/15/2031 |
40,000 | 35,570 | ||||||
|
Virginia Electric & Power Co., 2.30%, 11/15/2031 |
40,000 | 37,972 | ||||||
|
|
|
|||||||
| 957,150 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.49% |
| |||||||
|
Emerson Electric Co., 2.20%, 12/21/2031 |
100,000 | 95,162 | ||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-1.67% |
| |||||||
|
Amphenol Corp., 2.20%, 09/15/2031 |
70,000 | 64,558 | ||||||
|
CDW LLC/CDW Finance Corp., 3.57%, 12/01/2031 |
100,000 | 97,252 | ||||||
|
Jabil, Inc., 3.00%, 01/15/2031 |
60,000 | 57,870 | ||||||
|
Teledyne Technologies, Inc., 2.75%, 04/01/2031 |
110,000 | 106,249 | ||||||
|
|
|
|||||||
| 325,929 | ||||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.25% |
| |||||||
|
Boardwalk Pipelines L.P., 3.40%, 02/15/2031(b) . |
50,000 | 48,852 | ||||||
|
|
|
|||||||
|
Entertainment-1.55% |
| |||||||
|
Electronic Arts, Inc., 1.85%, 02/15/2031 |
70,000 | 63,934 | ||||||
|
Walt Disney Co. (The), 2.65%, 01/13/2031 |
240,000 | 237,636 | ||||||
|
|
|
|||||||
| 301,570 | ||||||||
|
|
|
|||||||
|
Equity REITs-10.95% |
| |||||||
|
Alexandria Real Estate Equities, Inc., 3.38%, 08/15/2031 |
70,000 | 71,585 | ||||||
|
American Assets Trust L.P., 3.38%, 02/01/2031 |
40,000 | 38,763 | ||||||
|
American Tower Corp. |
||||||||
|
2.70%, 04/15/2031 |
70,000 | 65,916 | ||||||
|
2.30%, 09/15/2031 |
70,000 | 63,632 | ||||||
|
AvalonBay Communities, Inc., 2.45%, 01/15/2031 |
50,000 | 48,849 | ||||||
|
Boston Properties L.P., 3.25%, 01/30/2031 |
120,000 | 119,764 | ||||||
|
Brixmor Operating Partnership L.P., 2.50%, 08/16/2031 |
50,000 | 46,245 | ||||||
|
CBRE Services, Inc., 2.50%, 04/01/2031 |
50,000 | 47,382 | ||||||
|
Corporate Office Properties L.P., 2.75%, 04/15/2031 |
60,000 | 56,419 | ||||||
|
Crown Castle International Corp. |
||||||||
|
2.25%, 01/15/2031 |
90,000 | 82,205 | ||||||
|
2.10%, 04/01/2031 |
100,000 | 90,112 | ||||||
|
2.50%, 07/15/2031 |
70,000 | 65,064 | ||||||
| Principal Amount |
Value | |||||||
|
Equity REITs-(continued) |
| |||||||
|
Equinix, Inc., 2.50%, 05/15/2031 |
$ | 100,000 | $ | 92,533 | ||||
|
ERP Operating L.P., 1.85%, 08/01/2031 |
50,000 | 46,389 | ||||||
|
GLP Capital L.P./GLP Financing II, Inc., 4.00%, 01/15/2031 |
60,000 | 59,886 | ||||||
|
Healthcare Trust of America Holdings L.P., 2.00%, 03/15/2031 |
80,000 | 72,580 | ||||||
|
Healthpeak Properties, Inc., 2.88%, 01/15/2031 . |
60,000 | 59,020 | ||||||
|
Invitation Homes Operating Partnership L.P., 2.00%, 08/15/2031 |
60,000 | 53,667 | ||||||
|
Kimco Realty Corp., 2.25%, 12/01/2031 |
50,000 | 46,181 | ||||||
|
Life Storage L.P., 2.40%, 10/15/2031 |
60,000 | 55,831 | ||||||
|
MPT Operating Partnership L.P./MPT Finance Corp., 3.50%, 03/15/2031 |
120,000 | 113,249 | ||||||
|
Omega Healthcare Investors, Inc., 3.38%, 02/01/2031 |
70,000 | 66,263 | ||||||
|
Physicians Realty L.P., 2.63%, 11/01/2031 |
50,000 | 46,924 | ||||||
|
Public Storage |
||||||||
|
2.30%, 05/01/2031 |
60,000 | 57,830 | ||||||
|
2.25%, 11/09/2031 |
50,000 | 47,852 | ||||||
|
Realty Income Corp., 3.25%, 01/15/2031 |
90,000 | 91,334 | ||||||
|
Sabra Health Care L.P., 3.20%, 12/01/2031 |
80,000 | 74,451 | ||||||
|
Simon Property Group L.P., 2.20%, 02/01/2031 . |
70,000 | 65,544 | ||||||
|
Sun Communities Operating L.P., 2.70%, 07/15/2031 |
70,000 | 65,891 | ||||||
|
Ventas Realty L.P., 2.50%, 09/01/2031 |
50,000 | 47,233 | ||||||
|
W.P. Carey, Inc., 2.40%, 02/01/2031 |
50,000 | 46,914 | ||||||
|
Welltower, Inc. |
||||||||
|
2.75%, 01/15/2031 |
60,000 | 58,119 | ||||||
|
2.80%, 06/01/2031 |
70,000 | 67,914 | ||||||
|
|
|
|||||||
| 2,131,541 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.15% |
| |||||||
|
Kroger Co. (The), 1.70%, 01/15/2031 |
50,000 | 45,293 | ||||||
|
Walmart, Inc., 1.80%, 09/22/2031 |
190,000 | 178,605 | ||||||
|
|
|
|||||||
| 223,898 | ||||||||
|
|
|
|||||||
|
Food Products-1.81% |
| |||||||
|
Bunge Ltd. Finance Corp., 2.75%, 05/14/2031 |
100,000 | 95,236 | ||||||
|
Flowers Foods, Inc., 2.40%, 03/15/2031 |
50,000 | 47,411 | ||||||
|
General Mills, Inc., 2.25%, 10/14/2031 |
40,000 | 37,632 | ||||||
|
Kellogg Co., Series B, 7.45%, 04/01/2031 |
60,000 | 81,266 | ||||||
|
McCormick & Co., Inc., 1.85%, 02/15/2031 |
50,000 | 45,539 | ||||||
|
Mondelez International, Inc., 1.50%, 02/04/2031 |
50,000 | 44,620 | ||||||
|
|
|
|||||||
| 351,704 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.47% |
| |||||||
|
Atmos Energy Corp., 1.50%, 01/15/2031 |
50,000 | 44,189 | ||||||
|
National Fuel Gas Co., 2.95%, 03/01/2031 |
50,000 | 47,085 | ||||||
|
|
|
|||||||
| 91,274 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-1.09% |
| |||||||
|
Baxter International, Inc., 1.73%, 04/01/2031 |
60,000 | 54,435 | ||||||
|
Becton, Dickinson and Co., 1.96%, 02/11/2031 |
100,000 | 90,925 | ||||||
|
Zimmer Biomet Holdings, Inc., 2.60%, 11/24/2031 |
70,000 | 66,120 | ||||||
|
|
|
|||||||
| 211,480 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-5.79% |
| |||||||
|
AmerisourceBergen Corp., 2.70%, 03/15/2031 |
100,000 | 96,418 | ||||||
|
Anthem, Inc., 2.55%, 03/15/2031 |
100,000 | 96,288 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
60 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Health Care Providers & Services-(continued) |
| |||||||
|
Centene Corp. |
| |||||||
|
2.50%, 03/01/2031 |
$ | 210,000 | $ | 194,301 | ||||
|
2.63%, 08/01/2031 |
120,000 | 110,824 | ||||||
|
Cigna Corp., 2.38%, 03/15/2031 |
140,000 | 132,039 | ||||||
|
CVS Health Corp. |
||||||||
|
1.88%, 02/28/2031 |
120,000 | 109,164 | ||||||
|
2.13%, 09/15/2031 |
100,000 | 92,447 | ||||||
|
HCA, Inc., 2.38%, 07/15/2031 |
70,000 | 64,403 | ||||||
|
Laboratory Corp. of America Holdings, 2.70%, 06/01/2031 |
50,000 | 47,942 | ||||||
|
Quest Diagnostics, Inc., 2.80%, 06/30/2031 |
50,000 | 48,551 | ||||||
|
UnitedHealth Group, Inc., 2.30%, 05/15/2031 |
140,000 | 135,030 | ||||||
|
|
|
|||||||
| 1,127,407 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-1.03% |
| |||||||
|
Expedia Group, Inc., 2.95%, 03/15/2031 |
100,000 | 95,969 | ||||||
|
Marriott International, Inc., Series HH, 2.85%, 04/15/2031 |
110,000 | 104,915 | ||||||
|
|
|
|||||||
| 200,884 | ||||||||
|
|
|
|||||||
|
Household Products-0.78% |
| |||||||
|
Kimberly-Clark Corp., 2.00%, 11/02/2031 |
60,000 | 56,474 | ||||||
|
Procter & Gamble Co. (The), 1.95%, 04/23/2031(b) |
100,000 | 96,250 | ||||||
|
|
|
|||||||
| 152,724 | ||||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-0.78% |
| |||||||
|
AES Corp. (The), 2.45%, 01/15/2031 |
100,000 | 92,471 | ||||||
|
DTE Electric Co., Series C, 2.63%, 03/01/2031 |
60,000 | 59,085 | ||||||
|
|
|
|||||||
| 151,556 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.03% |
| |||||||
|
Honeywell International, Inc., 1.75%, 09/01/2031 |
140,000 | 129,119 | ||||||
|
Roper Technologies, Inc., 1.75%, 02/15/2031 |
80,000 | 70,677 | ||||||
|
|
|
|||||||
| 199,796 | ||||||||
|
|
|
|||||||
|
Insurance-1.91% |
| |||||||
|
Aon Corp./Aon Global Holdings PLC, 2.60%, 12/02/2031 |
50,000 | 47,460 | ||||||
|
Assured Guaranty US Holdings, Inc., 3.15%, 06/15/2031 |
40,000 | 39,707 | ||||||
|
Brown & Brown, Inc., 2.38%, 03/15/2031 |
70,000 | 65,217 | ||||||
|
Fidelity National Financial, Inc., 2.45%, 03/15/2031 |
60,000 | 55,989 | ||||||
|
First American Financial Corp., 2.40%, 08/15/2031 |
60,000 | 54,804 | ||||||
|
Lincoln National Corp., 3.40%, 01/15/2031(b) |
50,000 | 51,100 | ||||||
|
Primerica, Inc., 2.80%, 11/19/2031 |
60,000 | 57,672 | ||||||
|
|
|
|||||||
| 371,949 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-1.78% |
| |||||||
|
Amazon.com, Inc., 2.10%, 05/12/2031 |
290,000 | 279,157 | ||||||
|
eBay, Inc., 2.60%, 05/10/2031 |
70,000 | 66,565 | ||||||
|
|
|
|||||||
| 345,722 | ||||||||
|
|
|
|||||||
|
IT Services-2.81% |
| |||||||
|
Broadridge Financial Solutions, Inc., 2.60%, 05/01/2031 |
100,000 | 94,138 | ||||||
|
Fidelity National Information Services, Inc., 2.25%, 03/01/2031 |
120,000 | 109,333 | ||||||
|
Global Payments, Inc., 2.90%, 11/15/2031 |
70,000 | 66,788 | ||||||
| Principal Amount |
Value | |||||||
|
IT Services-(continued) |
| |||||||
|
Mastercard, Inc. |
||||||||
|
1.90%, 03/15/2031 |
$ | 60,000 | $ | 56,655 | ||||
|
2.00%, 11/18/2031 |
70,000 | 66,281 | ||||||
|
VeriSign, Inc., 2.70%, 06/15/2031 |
70,000 | 65,072 | ||||||
|
Visa, Inc., 1.10%, 02/15/2031 |
100,000 | 88,699 | ||||||
|
|
|
|||||||
| 546,966 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.23% |
| |||||||
|
Brunswick Corp., 2.40%, 08/18/2031 |
50,000 | 45,762 | ||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-1.39% |
| |||||||
|
Agilent Technologies, Inc., 2.30%, 03/12/2031 |
70,000 | 65,505 | ||||||
|
Illumina, Inc., 2.55%, 03/23/2031 |
50,000 | 47,430 | ||||||
|
PerkinElmer, Inc., 2.25%, 09/15/2031 |
50,000 | 45,850 | ||||||
|
Thermo Fisher Scientific, Inc., 2.00%, 10/15/2031 |
120,000 | 111,432 | ||||||
|
|
|
|||||||
| 270,217 | ||||||||
|
|
|
|||||||
|
Machinery-1.31% |
| |||||||
|
Caterpillar, Inc., 1.90%, 03/12/2031 |
50,000 | 47,893 | ||||||
|
IDEX Corp., 2.63%, 06/15/2031 |
50,000 | 47,681 | ||||||
|
John Deere Capital Corp. |
||||||||
|
1.45%, 01/15/2031 |
60,000 | 54,700 | ||||||
|
2.00%, 06/17/2031 |
60,000 | 57,135 | ||||||
|
Xylem, Inc., 2.25%, 01/30/2031 |
50,000 | 47,078 | ||||||
|
|
|
|||||||
| 254,487 | ||||||||
|
|
|
|||||||
|
Media-3.50% |
| |||||||
|
Charter Communications Operating LLC/Charter |
||||||||
|
Communications Operating Capital Corp., 2.80%, 04/01/2031 |
150,000 | 140,074 | ||||||
|
Comcast Corp. |
||||||||
|
1.95%, 01/15/2031 |
140,000 | 130,325 | ||||||
|
1.50%, 02/15/2031 |
170,000 | 152,757 | ||||||
|
Interpublic Group of Cos., Inc. (The), 2.40%, 03/01/2031 |
50,000 | 47,453 | ||||||
|
Omnicom Group, Inc., 2.60%, 08/01/2031 |
80,000 | 76,940 | ||||||
|
Paramount Global, 4.95%, 01/15/2031 |
120,000 | 133,115 | ||||||
|
|
|
|||||||
| 680,664 | ||||||||
|
|
|
|||||||
|
Metals & Mining-0.26% |
| |||||||
|
Steel Dynamics, Inc., 3.25%, 01/15/2031 |
50,000 | 49,962 | ||||||
|
|
|
|||||||
|
Multiline Retail-0.64% |
| |||||||
|
Dollar Tree, Inc., 2.65%, 12/01/2031 |
80,000 | 76,028 | ||||||
|
Kohl’s Corp., 3.38%, 05/01/2031(b) |
50,000 | 49,243 | ||||||
|
|
|
|||||||
| 125,271 | ||||||||
|
|
|
|||||||
|
Multi-Utilities-1.80% |
| |||||||
|
Ameren Corp., 3.50%, 01/15/2031 |
80,000 | 82,318 | ||||||
|
CenterPoint Energy, Inc., 2.65%, 06/01/2031 |
50,000 | 47,868 | ||||||
|
Dominion Energy, Inc., Series C, 2.25%, 08/15/2031 |
100,000 | 92,615 | ||||||
|
NiSource, Inc., 1.70%, 02/15/2031 |
70,000 | 61,305 | ||||||
|
Public Service Enterprise Group, Inc., 2.45%, 11/15/2031 |
70,000 | 66,355 | ||||||
|
|
|
|||||||
| 350,461 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-5.34% |
| |||||||
|
Burlington Resources LLC |
||||||||
|
7.20%, 08/15/2031 |
60,000 | 80,397 | ||||||
|
7.40%, 12/01/2031 |
40,000 | 55,679 | ||||||
|
Conoco Funding Co., 7.25%, 10/15/2031 |
50,000 | 68,588 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
61 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
Devon Energy Corp., 7.88%, 09/30/2031 |
$ | 60,000 | $ | 80,922 | ||||
|
Diamondback Energy, Inc., 3.13%, 03/24/2031 |
90,000 | 87,921 | ||||||
|
Hess Corp., 7.30%, 08/15/2031 |
50,000 | 63,455 | ||||||
|
Kinder Morgan, Inc. |
||||||||
|
2.00%, 02/15/2031(b) |
70,000 | 62,946 | ||||||
|
7.80%, 08/01/2031 |
40,000 | 52,538 | ||||||
|
ONEOK, Inc., 6.35%, 01/15/2031 |
60,000 | 71,047 | ||||||
|
Ovintiv, Inc., 7.38%, 11/01/2031 |
40,000 | 50,924 | ||||||
|
Pioneer Natural Resources Co., 2.15%, 01/15/2031 |
100,000 | 92,310 | ||||||
|
TransCanada PipeLines Ltd. (Canada), 2.50%, 10/12/2031 |
100,000 | 93,489 | ||||||
|
Valero Energy Corp., 2.80%, 12/01/2031 |
50,000 | 47,270 | ||||||
|
Williams Cos., Inc. (The), 2.60%, 03/15/2031 |
140,000 | 132,319 | ||||||
|
|
|
|||||||
| 1,039,805 | ||||||||
|
|
|
|||||||
|
Personal Products-0.71% |
| |||||||
|
Estee Lauder Cos., Inc. (The), 1.95%, 03/15/2031 |
50,000 | 47,095 | ||||||
|
Unilever Capital Corp. (United Kingdom), 1.75%, 08/12/2031 |
100,000 | 91,307 | ||||||
|
|
|
|||||||
| 138,402 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-2.03% |
| |||||||
|
Astrazeneca Finance LLC (United Kingdom), 2.25%, 05/28/2031(b) |
70,000 | 67,297 | ||||||
|
Merck & Co., Inc., 2.15%, 12/10/2031 |
190,000 | 181,621 | ||||||
|
Pfizer, Inc., 1.75%, 08/18/2031 |
100,000 | 92,686 | ||||||
|
Royalty Pharma PLC, 2.15%, 09/02/2031 |
60,000 | 53,731 | ||||||
|
|
|
|||||||
| 395,335 | ||||||||
|
|
|
|||||||
|
Professional Services-0.47% |
| |||||||
|
Equifax, Inc., 2.35%, 09/15/2031 |
100,000 | 91,928 | ||||||
|
|
|
|||||||
|
Road & Rail-1.39% |
| |||||||
|
Canadian Pacific Railway Co. (Canada), 2.45%, 12/02/2031 |
130,000 | 124,896 | ||||||
|
Norfolk Southern Corp., 2.30%, 05/15/2031 |
50,000 | 48,279 | ||||||
|
Union Pacific Corp., 2.38%, 05/20/2031 |
100,000 | 97,045 | ||||||
|
|
|
|||||||
| 270,220 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-2.47% |
| |||||||
|
Analog Devices, Inc., 2.10%, 10/01/2031 |
100,000 | 95,416 | ||||||
|
Intel Corp., 2.00%, 08/12/2031 |
120,000 | 111,635 | ||||||
|
Marvell Technology, Inc., 2.95%, 04/15/2031 |
70,000 | 67,465 | ||||||
|
NVIDIA Corp., 2.00%, 06/15/2031 |
120,000 | 112,936 | ||||||
|
Skyworks Solutions, Inc., 3.00%, 06/01/2031 |
50,000 | 46,679 | ||||||
|
Texas Instruments, Inc., 1.90%, 09/15/2031(b) |
50,000 | 47,255 | ||||||
|
|
|
|||||||
| 481,386 | ||||||||
|
|
|
|||||||
|
Software-3.48% |
| |||||||
|
Autodesk, Inc., 2.40%, 12/15/2031 |
80,000 | 74,150 | ||||||
|
Fortinet, Inc., 2.20%, 03/15/2031 |
50,000 | 45,986 | ||||||
|
Oracle Corp., 2.88%, 03/25/2031 |
310,000 | 296,219 | ||||||
|
salesforce.com, inc., 1.95%, 07/15/2031 |
140,000 | 132,390 | ||||||
|
VMware, Inc., 2.20%, 08/15/2031 |
140,000 | 128,316 | ||||||
|
|
|
|||||||
| 677,061 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Specialty Retail-3.06% |
| |||||||
|
AutoZone, Inc., 1.65%, 01/15/2031 |
$ | 60,000 | $ | 53,245 | ||||
|
Home Depot, Inc. (The) |
||||||||
|
1.38%, 03/15/2031 |
120,000 | 107,537 | ||||||
|
1.88%, 09/15/2031 |
100,000 | 92,859 | ||||||
|
Leidos, Inc., 2.30%, 02/15/2031 |
100,000 | 90,210 | ||||||
|
Lowe’s Cos., Inc., 2.63%, 04/01/2031 |
120,000 | 116,026 | ||||||
|
O’Reilly Automotive, Inc., 1.75%, 03/15/2031 |
50,000 | 44,908 | ||||||
|
Ross Stores, Inc., 1.88%, 04/15/2031 |
50,000 | 45,267 | ||||||
|
TJX Cos., Inc. (The), 1.60%, 05/15/2031 |
50,000 | 45,289 | ||||||
|
|
|
|||||||
| 595,341 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-1.72% |
| |||||||
|
Apple, Inc. |
|
|||||||
|
1.65%, 02/08/2031 |
260,000 | 241,835 | ||||||
|
1.70%, 08/05/2031 |
100,000 | 92,766 | ||||||
|
|
|
|||||||
| 334,601 | ||||||||
|
|
|
|||||||
|
Tobacco-0.57% |
| |||||||
|
BAT Capital Corp. (United Kingdom), 2.73%, 03/25/2031 |
120,000 | 110,029 | ||||||
|
|
|
|||||||
|
Water Utilities-0.24% |
| |||||||
|
American Water Capital Corp., 2.30%, 06/01/2031 |
50,000 | 47,213 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-0.48% |
| |||||||
|
T-Mobile USA, Inc., 2.88%, 02/15/2031 |
100,000 | 93,977 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
19,179,220 | |||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.44% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
85,681 | 85,681 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
19,264,901 | |||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
|
|||||||
|
Money Market Funds-2.06% |
|
|||||||
|
Invesco Private Government Fund, |
120,486 | 120,486 | ||||||
|
Invesco Private Prime Fund, 0.08%(c)(d)(e) |
281,106 | 281,134 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
401,620 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-101.04% |
19,666,521 | |||||||
|
OTHER ASSETS LESS LIABILITIES-(1.04)% |
(202,303 | ) | ||||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 19,464,218 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
62 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the period ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | - | $ | 209,087 | $ | (123,406 | ) | $ | - | $ | - | $ | 85,681 | $ | 9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
- | 494,793 | (374,307 | ) | - | - | 120,486 | 8 | * | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
- | 975,002 | (693,847 | ) | (2 | ) | (19 | ) | 281,134 | 45 | * | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Total |
$ | - | $ | 1,678,882 | $ | (1,191,560 | ) | $(2 | ) | $(19 | ) | $ | 487,301 | $ | 62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
| as of February 28, 2022 | ||||
|
Information Technology |
12.54 | |||
|
Communication Services |
11.79 | |||
|
Real Estate |
10.95 | |||
|
Health Care |
10.87 | |||
|
Financials |
10.87 | |||
|
Consumer Discretionary |
9.58 | |||
|
Industrials |
9.03 | |||
|
Utilities |
8.21 | |||
|
Consumer Staples |
7.41 | |||
|
Energy |
5.59 | |||
|
Materials |
1.70 | |||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.46 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
63 |
||||
|
|
| |||
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-89.19% |
| |||||||
|
Aerospace & Defense-1.82% |
| |||||||
|
TransDigm, Inc. |
||||||||
|
8.00%, 12/15/2025(b) |
$ | 9,596,000 | $ | 10,031,274 | ||||
|
7.50%, 03/15/2027 |
4,904,000 | 5,074,414 | ||||||
|
|
|
|||||||
| 15,105,688 | ||||||||
|
|
|
|||||||
|
Airlines-0.39% |
||||||||
|
United Airlines Holdings, Inc., 4.25%, 10/01/2022 |
3,189,000 | 3,248,411 | ||||||
|
|
|
|||||||
|
Auto Components-3.81% |
| |||||||
|
American Axle & Manufacturing, Inc. |
||||||||
|
6.25%, 03/15/2026 |
3,175,000 | 3,224,340 | ||||||
|
6.50%, 04/01/2027 |
3,973,000 | 4,066,366 | ||||||
|
Clarios Global L.P., 6.75%, 05/15/2025(b) |
4,170,000 | 4,331,921 | ||||||
|
Dana Financing Luxembourg S.a.r.l., 5.75%, 04/15/2025(b) |
1,025,000 | 1,039,130 | ||||||
|
Dana, Inc., 5.38%, 11/15/2027 |
3,707,000 | 3,785,792 | ||||||
|
Gates Global LLC/Gates Corp., 6.25%, 01/15/2026(b) |
5,043,000 | 5,162,973 | ||||||
|
Goodyear Tire & Rubber Co. (The) |
||||||||
|
9.50%, 05/31/2025 |
7,470,000 | 7,961,152 | ||||||
|
5.00%, 05/31/2026 |
2,081,000 | 2,091,384 | ||||||
|
|
|
|||||||
| 31,663,058 | ||||||||
|
|
|
|||||||
|
Automobiles-3.75% |
||||||||
|
Cooper-Standard Automotive, Inc., 13.00%, 06/01/2024(b) |
1,982,000 | 2,089,474 | ||||||
|
Ford Motor Credit Co. LLC |
||||||||
|
2.98%, 08/03/2022 |
7,997,000 | 8,006,636 | ||||||
|
4.25%, 09/20/2022 |
8,800,000 | 8,892,356 | ||||||
|
3.55%, 10/07/2022 |
5,680,000 | 5,718,908 | ||||||
|
Jaguar Land Rover Automotive PLC
(United Kingdom), |
6,080,000 | 6,414,400 | ||||||
|
|
|
|||||||
| 31,121,774 | ||||||||
|
|
|
|||||||
|
Building Products-0.25% |
| |||||||
|
JELD-WEN, Inc., 6.25%, 05/15/2025(b) |
1,985,000 | 2,049,483 | ||||||
|
|
|
|||||||
|
Chemicals-2.18% |
||||||||
|
Adams Homes, Inc., 7.50%, 02/15/2025(b) |
614,000 | 622,381 | ||||||
|
Avient Corp., 5.75%, 05/15/2025(b) |
5,588,000 | 5,741,782 | ||||||
|
GCP Applied Technologies, Inc., 5.50%, 04/15/2026(b) |
2,695,000 | 2,748,658 | ||||||
|
Olin Corp., 5.50%, 08/15/2022 |
1,589,000 | 1,609,419 | ||||||
|
Suburban Propane Partners L.P./Suburban Energy Finance Corp., 5.88%, 03/01/2027 |
2,777,000 | 2,839,288 | ||||||
|
Tronox, Inc., 6.50%, 05/01/2025(b) |
4,377,000 | 4,550,876 | ||||||
|
|
|
|||||||
| 18,112,404 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-3.37% |
| |||||||
|
Allied Universal Holdco LLC/Allied Universal Finance Corp., 6.63%, 07/15/2026(b) |
17,000,000 | 17,430,100 | ||||||
|
Brink’s Co. (The), 5.50%, 07/15/2025(b) |
3,732,000 | 3,820,579 | ||||||
|
Clean Harbors, Inc., 4.88%, 07/15/2027(b) |
4,801,000 | 4,821,068 | ||||||
|
Quad/Graphics, Inc., 7.00%, 05/01/2022 |
1,899,000 | 1,903,748 | ||||||
|
|
|
|||||||
| 27,975,495 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Consumer Finance-1.72% |
| |||||||
|
Credit Acceptance Corp., 6.63%, 03/15/2026 |
$ | 3,442,000 | $ | 3,553,985 | ||||
|
OneMain Finance Corp., 8.88%, 06/01/2025 |
5,157,000 | 5,447,210 | ||||||
|
PRA Group, Inc., 7.38%, 09/01/2025(b) |
2,386,000 | 2,508,223 | ||||||
|
TMX Finance LLC/TitleMax Finance Corp., 11.13%, 04/01/2023(b) |
2,802,000 | 2,800,137 | ||||||
|
|
|
|||||||
| 14,309,555 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-1.97% |
| |||||||
|
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc., 5.25%, 04/30/2025(b) |
5,560,000 | 5,615,656 | ||||||
|
Berry Global, Inc., 4.50%, 02/15/2026(b) |
384,000 | 385,238 | ||||||
|
Flex Acquisition Co., Inc., 6.88%, 01/15/2025(b) |
5,701,000 | 5,719,756 | ||||||
|
Graphic Packaging International LLC, 4.88%, 11/15/2022 |
2,148,000 | 2,172,197 | ||||||
|
Silgan Holdings, Inc., 4.75%, 03/15/2025 |
2,464,000 | 2,473,228 | ||||||
|
|
|
|||||||
| 16,366,075 | ||||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.53% |
| |||||||
|
Service Corp. International, 4.63%, 12/15/2027 |
4,371,000 | 4,420,217 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-0.47% |
| |||||||
|
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/2025(b) |
2,504,000 | 2,564,384 | ||||||
|
Verscend Escrow Corp., 9.75%, 08/15/2026(b) |
1,316,000 | 1,373,391 | ||||||
|
|
|
|||||||
| 3,937,775 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-6.37% |
| |||||||
|
Altice France Holding S.A. (Luxembourg), 10.50%, 05/15/2027(b) |
13,500,000 | 14,156,842 | ||||||
|
Altice France S.A. (France), 8.13%, 02/01/2027(b) |
13,905,000 | 14,652,394 | ||||||
|
Level 3 Financing, Inc. |
||||||||
|
5.38%, 05/01/2025 |
4,172,000 | 4,188,605 | ||||||
|
5.25%, 03/15/2026 |
6,798,000 | 6,819,550 | ||||||
|
Lumen Technologies, Inc., Series T, 5.80%, 03/15/2022 |
13,068,000 | 13,090,150 | ||||||
|
|
|
|||||||
| 52,907,541 | ||||||||
|
|
|
|||||||
|
Electric Utilities-2.05% |
||||||||
|
FirstEnergy Corp., Series A, 3.35%, 07/15/2022 |
3,972,000 | 3,966,082 | ||||||
|
NRG Energy, Inc., 6.63%, 01/15/2027 |
2,980,000 | 3,084,300 | ||||||
|
Terraform Global Operating LLC, 6.13%, 03/01/2026(b) |
515,000 | 515,337 | ||||||
|
Vistra Operations Co. LLC, 5.50%, 09/01/2026(b) |
9,330,000 | 9,488,657 | ||||||
|
|
|
|||||||
| 17,054,376 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-1.51% |
| |||||||
|
WESCO Distribution, Inc., 7.13%, 06/15/2025(b) |
11,918,000 | 12,504,246 | ||||||
|
|
|
|||||||
|
Entertainment-0.25% |
||||||||
|
Cinemark USA, Inc., 8.75%, 05/01/2025(b) |
1,991,000 | 2,089,286 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
64 |
||||
|
|
| |||
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Equity REITs-4.89% |
| |||||||
|
Diversified Healthcare Trust, 9.75%, 06/15/2025 |
$ | 7,945,000 | $ | 8,402,473 | ||||
|
HAT Holdings I LLC/HAT Holdings II LLC, 6.00%, 04/15/2025(b) |
3,699,000 | 3,819,772 | ||||||
|
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer, 7.50%, 06/01/2025(b) |
843,000 | 881,938 | ||||||
|
Service Properties Trust, 5.00%, 08/15/2022 |
4,665,000 | 4,652,825 | ||||||
|
Uniti Group L.P./Uniti Fiber Holdings, Inc./CSL Capital LLC, 7.88%, 02/15/2025(b) |
17,999,000 | 18,750,908 | ||||||
|
XHR L.P., 6.38%, 08/15/2025(b) |
3,971,000 | 4,094,359 | ||||||
|
|
|
|||||||
| 40,602,275 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.34% |
| |||||||
|
Fresh Market, Inc. (The), 9.75%, 05/01/2023(b) |
5,439,000 | 2,251,642 | ||||||
|
Performance Food Group, Inc., 6.88%, 05/01/2025(b) |
619,000 | 642,107 | ||||||
|
US Foods, Inc., 6.25%, 04/15/2025(b) |
7,947,000 | 8,234,920 | ||||||
|
|
|
|||||||
| 11,128,669 | ||||||||
|
|
|
|||||||
|
Food Products-2.65% |
| |||||||
|
B&G Foods, Inc., 5.25%, 04/01/2025 |
7,154,000 | 7,198,677 | ||||||
|
Del Monte Foods, Inc., 11.88%, 05/15/2025(b) |
3,977,000 | 4,403,732 | ||||||
|
Post Holdings, Inc., 5.75%, 03/01/2027(b) |
10,323,000 | 10,436,553 | ||||||
|
|
|
|||||||
| 22,038,962 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-0.78% |
| |||||||
|
Ortho-Clinical Diagnostics, Inc./Ortho-Clinical Diagnostics S.A., 7.38%, 06/01/2025(b) |
2,240,000 | 2,317,011 | ||||||
|
Teleflex, Inc., 4.63%, 11/15/2027 |
4,081,000 | 4,150,397 | ||||||
|
|
|
|||||||
| 6,467,408 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-0.48% |
| |||||||
|
ModivCare, Inc., 5.88%, 11/15/2025(b) |
3,973,000 | 3,992,031 | ||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-11.60% |
| |||||||
|
1011778 BC ULC/New Red Finance, Inc. (Canada), 5.75%, 04/15/2025(b) |
4,162,000 | 4,291,688 | ||||||
|
Aramark Services, Inc. |
||||||||
|
5.00%, 04/01/2025(b) |
1,453,000 | 1,466,251 | ||||||
|
6.38%, 05/01/2025(b) |
13,999,000 | 14,472,796 | ||||||
|
Boyd Gaming Corp., 8.63%, 06/01/2025(b) |
3,027,000 | 3,189,474 | ||||||
|
Cedar Fair L.P./Canada’s Wonderland Co./Magnum Management Corp., 5.50%, 05/01/2025(b) |
8,627,000 | 8,877,744 | ||||||
|
Hilton Domestic Operating Co., Inc., 5.38%, 05/01/2025(b) |
3,971,000 | 4,102,043 | ||||||
|
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/2027 |
4,765,000 | 4,872,475 | ||||||
|
IRB Holding Corp., 7.00%, 06/15/2025(b) |
7,002,000 | 7,324,022 | ||||||
|
KFC Holding Co./Pizza Hut Holdings LLC/ Taco Bell of America LLC, 4.75%, 06/01/2027(b) |
5,938,000 | 6,094,615 | ||||||
|
Marriott Ownership Resorts, Inc., 6.13%, 09/15/2025(b) |
2,338,000 | 2,416,861 | ||||||
| Principal Amount |
Value | |||||||
|
Hotels, Restaurants & Leisure-(continued) |
| |||||||
|
MGM Resorts International |
| |||||||
|
7.75%, 03/15/2022 |
$ | 8,796,000 | $ | 8,824,455 | ||||
|
6.75%, 05/01/2025 |
6,942,000 | 7,192,676 | ||||||
|
SeaWorld Parks & Entertainment, Inc., 8.75%, 05/01/2025(b) |
596,000 | 626,959 | ||||||
|
Six Flags Theme Parks, Inc., 7.00%, 07/01/2025(b) |
5,761,000 | 6,013,015 | ||||||
|
Vail Resorts, Inc., 6.25%, 05/15/2025(b) |
5,602,000 | 5,777,511 | ||||||
|
Wynn Resorts Finance LLC/Wynn Resorts |
||||||||
|
Capital Corp., 7.75%, 04/15/2025(b) |
4,762,000 | 4,976,742 | ||||||
|
Yum! Brands, Inc., 7.75%, 04/01/2025(b) |
5,552,000 | 5,788,376 | ||||||
|
|
|
|||||||
| 96,307,703 | ||||||||
|
|
|
|||||||
|
Household Durables-0.42% |
| |||||||
|
Beazer Homes USA, Inc., 6.75%, 03/15/2025 |
588,000 | 594,515 | ||||||
|
KB Home, 7.50%, 09/15/2022 |
2,777,000 | 2,863,740 | ||||||
|
|
|
|||||||
| 3,458,255 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.72% |
| |||||||
|
Mattel, Inc., 5.88%, 12/15/2027(b) |
5,601,000 | 5,944,005 | ||||||
|
|
|
|||||||
|
Machinery-1.34% |
| |||||||
|
CD&R Smokey Buyer, Inc., 6.75%, 07/15/2025(b) |
6,440,000 | 6,657,253 | ||||||
|
Maxim Crane Works Holdings Capital LLC, 10.13%, 08/01/2024(b) |
1,479,000 | 1,504,631 | ||||||
|
Welbilt, Inc., 9.50%, 02/15/2024 |
2,950,000 | 2,962,405 | ||||||
|
|
|
|||||||
| 11,124,289 | ||||||||
|
|
|
|||||||
|
Media-12.28% |
| |||||||
|
AMC Networks, Inc., 5.00%, 04/01/2024 |
1,781,000 | 1,780,786 | ||||||
|
CCO Holdings LLC/CCO Holdings Capital Corp. |
||||||||
|
5.50%, 05/01/2026(b) |
897,000 | 916,052 | ||||||
|
5.13%, 05/01/2027(b) |
21,195,000 | 21,454,215 | ||||||
|
5.00%, 02/01/2028(b) |
17,001,000 | 17,063,479 | ||||||
|
CSC Holdings LLC |
||||||||
|
5.88%, 09/15/2022 |
5,701,000 | 5,785,831 | ||||||
|
5.50%, 04/15/2027(b) |
10,410,000 | 10,396,571 | ||||||
|
DISH DBS Corp., 5.88%, 07/15/2022 |
17,995,000 | 18,171,891 | ||||||
|
Outfront Media Capital LLC/Outfront Media Capital Corp., 6.25%, 06/15/2025(b) |
915,000 | 948,091 | ||||||
|
Sirius XM Radio, Inc., 5.00%, 08/01/2027(b) . |
11,876,000 | 12,008,536 | ||||||
|
Univision Communications, Inc., 9.50%, 05/01/2025(b) |
3,426,000 | 3,610,285 | ||||||
|
Videotron Ltd. (Canada), 5.13%, 04/15/2027(b) |
4,762,000 | 4,851,716 | ||||||
|
Ziggo Bond Co. B.V. (Netherlands), 6.00%, 01/15/2027(b) |
4,970,000 | 5,037,368 | ||||||
|
|
|
|||||||
| 102,024,821 | ||||||||
|
|
|
|||||||
|
Metals & Mining-2.36% |
| |||||||
|
Cleveland-Cliffs, Inc. |
| |||||||
|
9.88%, 10/17/2025(b) |
5,220,000 | 5,800,568 | ||||||
|
6.75%, 03/15/2026(b) |
6,715,000 | 7,090,167 | ||||||
|
Compass Minerals International, Inc., 6.75%, 12/01/2027(b) |
4,201,000 | 4,366,652 | ||||||
|
Mountain Province Diamonds, Inc. (Canada), 8.00%, 12/15/2022(b)(c) |
2,384,000 | 2,381,938 | ||||||
|
|
|
|||||||
| 19,639,325 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
65 |
||||
|
|
| |||
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-5.94% |
| |||||||
|
Blue Racer Midstream LLC/Blue Racer Finance Corp., 7.63%, 12/15/2025(b) |
$ | 5,161,000 | $ | 5,431,436 | ||||
|
Calumet Specialty Products Partners L.P./Calumet Finance Corp., 9.25%, 07/15/2024(b) |
1,805,000 | 1,947,640 | ||||||
|
Enviva Partners L.P./Enviva Partners Finance Corp., 6.50%, 01/15/2026(b) |
4,470,000 | 4,614,582 | ||||||
|
EQT Corp., 3.00%, 10/01/2022 |
5,313,000 | 5,360,950 | ||||||
|
Hess Midstream Operations L.P., 5.63%, 02/15/2026(b) |
6,317,000 | 6,482,916 | ||||||
|
Range Resources Corp., 5.00%, 08/15/2022 |
1,350,000 | 1,353,564 | ||||||
|
Southwestern Energy Co., 7.75%, 10/01/2027 |
3,499,000 | 3,708,590 | ||||||
|
Targa Resources Partners L.P./Targa Resources Partners Finance Corp. |
||||||||
|
5.88%, 04/15/2026 |
5,640,000 | 5,829,645 | ||||||
|
5.38%, 02/01/2027 |
3,206,000 | 3,298,285 | ||||||
|
6.50%, 07/15/2027 |
6,586,000 | 6,989,919 | ||||||
|
Western Midstream Operating L.P., 4.00%, 07/01/2022 |
4,317,000 | 4,321,857 | ||||||
|
|
|
|||||||
| 49,339,384 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-2.95% |
||||||||
|
Bausch Health Americas, Inc. |
||||||||
|
9.25%, 04/01/2026(b) |
13,998,000 | 14,498,149 | ||||||
|
8.50%, 01/31/2027(b) |
5,280,000 | 5,356,454 | ||||||
|
Catalent Pharma Solutions, Inc., 5.00%, 07/15/2027(b) |
4,565,000 | 4,673,350 | ||||||
|
|
|
|||||||
| 24,527,953 | ||||||||
|
|
|
|||||||
|
Road & Rail-2.32% |
||||||||
|
Uber Technologies, Inc., 7.50%, 05/15/2025(b) |
8,794,000 | 9,154,554 | ||||||
|
XPO Logistics, Inc., 6.25%, 05/01/2025(b) |
9,737,000 | 10,117,230 | ||||||
|
|
|
|||||||
| 19,271,784 | ||||||||
|
|
|
|||||||
|
Software-1.23% |
||||||||
|
Boxer Parent Co., Inc., 7.13%, 10/02/2025(b) |
4,762,000 | 4,933,432 | ||||||
|
CDK Global, Inc., 4.88%, 06/01/2027 |
5,176,000 | 5,307,186 | ||||||
|
|
|
|||||||
| 10,240,618 | ||||||||
|
|
|
|||||||
|
Specialty Retail-0.61% |
||||||||
|
Murphy Oil USA, Inc., 5.63%, 05/01/2027 |
2,455,000 | 2,529,571 | ||||||
|
Sally Holdings LLC/Sally Capital, Inc., 8.75%, 04/30/2025(b) |
2,382,000 | 2,501,076 | ||||||
|
|
|
|||||||
| 5,030,647 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-0.81% |
|
|||||||
|
Diebold Nixdorf, Inc., 9.38%, 07/15/2025(b) |
6,484,000 | 6,759,635 | ||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-1.35% |
| |||||||
|
Abercrombie & Fitch Management Co., 8.75%, 07/15/2025(b) |
3,053,000 | 3,224,624 | ||||||
| Principal Amount |
Value | |||||||
|
Textiles, Apparel & Luxury Goods-(continued) |
| |||||||
|
G-III Apparel Group Ltd., 7.88%, 08/15/2025(b) |
$ | 3,732,000 | $ | 3,929,087 | ||||
|
William Carter Co. (The), 5.50%, 05/15/2025(b) |
3,970,000 | 4,073,816 | ||||||
|
|
|
|||||||
| 11,227,527 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.99% |
|
|||||||
|
United Rentals North America, Inc., 5.50%, 05/15/2027 |
7,943,000 | 8,203,491 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-3.69% |
|
|||||||
|
C&W Senior Financing DAC (Panama), 6.88%, 09/15/2027(b) |
9,690,000 | 10,059,770 | ||||||
|
Sprint Communications, Inc., 6.00%, 11/15/2022 |
20,003,000 | 20,586,688 | ||||||
|
|
|
|||||||
| 30,646,458 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
740,840,624 | ||||||
|
|
|
|||||||
|
U.S. Treasury Securities-7.64% |
| |||||||
|
U.S. Treasury Bills-7.64% |
|
|||||||
|
0.14%–0.21%, 04/21/2022(d) |
21,000,000 | 20,994,715 | ||||||
|
0.07%–0.08%, 03/24/2022(d) |
15,500,000 | 15,499,440 | ||||||
|
0.31%, 05/19/2022(d) |
27,000,000 | 26,982,423 | ||||||
|
|
|
|||||||
|
Total U.S. Treasury Securities |
63,476,578 | |||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-1.70% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(e)(f) |
14,113,553 | 14,113,553 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
818,430,755 | ||||||
|
|
|
|||||||
| Investments Purchased with
Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-0.09% |
| |||||||
|
Invesco Private Government Fund, |
223,925 | 223,925 | ||||||
|
Invesco Private Prime Fund, |
522,439 | 522,491 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
746,416 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-98.62% |
|
819,177,171 | ||||||
|
OTHER ASSETS LESS LIABILITIES-1.38% |
|
11,451,054 | ||||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 830,628,225 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
66 |
||||
|
|
| |||
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $488,259,994, which represented 58.78% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund. |
| (e) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 38,334,118 | $ | 245,175,733 | $ | (269,396,298 | ) | $ | - | $ | - | $ | 14,113,553 | $ | 4,000 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
27,943,890 | 58,697,671 | (86,417,636 | ) | - | - | 223,925 | 2,173 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
65,723,895 | 121,815,022 | (187,001,526 | ) | (104 | ) | (14,796 | ) | 522,491 | 26,603 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 132,001,903 | $ | 425,688,426 | $ | (542,815,460 | ) | $ | (104 | ) | $ | (14,796 | ) | $ | 14,859,969 | $ | 32,776 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (f) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (g) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Communication Services |
22.59 | |||||
|
Consumer Discretionary |
20.99 | |||||
|
Industrials |
11.74 | |||||
|
U.S. Treasury Securities |
7.64 | |||||
|
Materials |
6.51 | |||||
|
Energy |
6.25 | |||||
|
Consumer Staples |
5.73 | |||||
|
Real Estate |
4.89 | |||||
|
Health Care |
4.21 | |||||
|
Sector Types Each Less Than 3% |
6.28 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
3.17 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
67 |
||||
|
|
| |||
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-97.85% |
| |||||||
|
Aerospace & Defense-1.15% |
||||||||
|
Maxar Space Robotics LLC, 9.75%, 12/31/2023(b) |
$ | 3,887,000 | $ | 4,109,842 | ||||
|
Triumph Group, Inc., 8.88%, |
4,335,000 | 4,630,322 | ||||||
|
|
|
|||||||
| 8,740,164 | ||||||||
|
|
|
|||||||
|
Auto Components-1.34% |
||||||||
|
Ahern Rentals, Inc., 7.38%, 05/15/2023(b)(c) |
4,230,000 | 3,828,150 | ||||||
|
American Axle & Manufacturing, Inc., |
3,092,000 | 3,191,717 | ||||||
|
Dana, Inc., 5.63%, 06/15/2028(c) |
3,060,000 | 3,132,690 | ||||||
|
|
|
|||||||
| 10,152,557 | ||||||||
|
|
|
|||||||
|
Automobiles-5.90% |
||||||||
|
Ford Motor Credit Co. LLC |
||||||||
|
3.09%, 01/09/2023 |
10,480,000 | 10,558,495 | ||||||
|
4.14%, 02/15/2023 |
6,360,000 | 6,437,051 | ||||||
|
3.10%, 05/04/2023 |
7,102,000 | 7,164,143 | ||||||
|
4.38%, 08/06/2023 |
6,900,000 | 7,011,263 | ||||||
|
3.37%, 11/17/2023 |
7,040,000 | 7,080,198 | ||||||
|
Jaguar Land Rover Automotive PLC (United Kingdom), 5.63%, 02/01/2023(b) |
3,983,000 | 3,985,723 | ||||||
|
Winnebago Industries, Inc., 6.25%, 07/15/2028(b)(c) |
2,330,000 | 2,408,661 | ||||||
|
|
|
|||||||
| 44,645,534 | ||||||||
|
|
|
|||||||
|
Building Products-1.20% |
||||||||
|
Cornerstone Building Brands, Inc., 6.13%, 01/15/2029(b)(c) |
3,837,000 | 3,678,398 | ||||||
|
Summit Materials LLC/Summit Materials Finance Corp., 5.25%, 01/15/2029(b) |
5,370,000 | 5,397,145 | ||||||
|
|
|
|||||||
| 9,075,543 | ||||||||
|
|
|
|||||||
|
Capital Markets-1.57% |
||||||||
|
APX Group, Inc., 6.75%, 02/15/2027(b)(c) |
4,645,000 | 4,774,503 | ||||||
|
DKT Finance ApS (Denmark), 9.38%, 06/17/2023(b) |
3,150,000 | 3,166,115 | ||||||
|
FS Energy and Power Fund, 7.50%, 08/15/2023(b) |
3,792,000 | 3,920,094 | ||||||
|
|
|
|||||||
| 11,860,712 | ||||||||
|
|
|
|||||||
|
Chemicals-2.47% |
||||||||
|
Avient Corp., 5.25%, 03/15/2023 |
4,590,000 | 4,710,786 | ||||||
|
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B B.V., 4.75%, 06/15/2027(b)(c) |
3,930,000 | 3,944,836 | ||||||
|
Chemours Co. (The), 5.75%, 11/15/2028(b)(c) |
6,162,000 | 6,063,162 | ||||||
|
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%, 07/01/2028(b) |
3,520,000 | 3,727,539 | ||||||
|
Innophos Holdings, Inc., 9.38%, 02/15/2028(b) |
225,000 | 240,032 | ||||||
|
|
|
|||||||
| 18,686,355 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-2.54% |
| |||||||
|
ADT Security Corp. (The), 4.13%, 06/15/2023 |
5,430,000 | 5,540,229 | ||||||
| Principal Amount |
Value | |||||||
|
Commercial Services & Supplies-(continued) |
| |||||||
|
CoreCivic, Inc., 4.63%, 05/01/2023(c) |
$ | 1,330,000 | $ | 1,331,975 | ||||
|
GEO Group, Inc. (The), 5.13%, 04/01/2023 |
1,974,000 | 1,878,537 | ||||||
|
Interface, Inc., 5.50%, 12/01/2028(b) |
2,306,000 | 2,326,201 | ||||||
|
Prime Security Services Borrower LLC/ Prime Finance, Inc., 6.25%, 01/15/2028(b)(c) |
2,430,000 | 2,347,854 | ||||||
|
RR Donnelley & Sons Co. |
||||||||
|
6.13%, 11/01/2026(b) |
3,500,000 | 3,731,875 | ||||||
|
8.25%, 07/01/2027 |
1,780,000 | 2,058,125 | ||||||
|
|
|
|||||||
| 19,214,796 | ||||||||
|
|
|
|||||||
|
Construction & Engineering-0.28% |
|
|||||||
|
New Enterprise Stone & Lime Co., Inc., 9.75%, 07/15/2028(b) |
2,030,000 | 2,099,122 | ||||||
|
|
|
|||||||
|
Consumer Finance-2.74% |
||||||||
|
Navient Corp. |
||||||||
|
5.50%, 01/25/2023 |
7,292,000 | 7,454,393 | ||||||
|
7.25%, 09/25/2023(c) |
3,589,000 | 3,769,257 | ||||||
|
OneMain Finance Corp. |
||||||||
|
5.63%, 03/15/2023(c) |
6,785,000 | 6,962,767 | ||||||
|
8.25%, 10/01/2023 |
2,352,000 | 2,515,605 | ||||||
|
|
|
|||||||
| 20,702,022 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-3.64% |
||||||||
|
Ball Corp., 4.00%, 11/15/2023(c) |
7,744,000 | 7,917,465 | ||||||
|
Cascades, Inc./Cascades USA, Inc. (Canada) |
||||||||
|
5.13%, 01/15/2026(b) |
1,580,000 | 1,587,142 | ||||||
|
5.38%, 01/15/2028(b) |
3,400,000 | 3,412,869 | ||||||
|
Owens-Brockway Glass Container, Inc. |
||||||||
|
5.88%, 08/15/2023(b) |
5,523,000 | 5,625,921 | ||||||
|
6.63%, 05/13/2027(b)(c) |
5,416,000 | 5,624,841 | ||||||
|
Sealed Air Corp., 5.25%, 04/01/2023(b)(c) . |
3,308,000 | 3,369,909 | ||||||
|
|
|
|||||||
| 27,538,147 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-2.97% |
| |||||||
|
Avaya, Inc., 6.13%, 09/15/2028(b)(c) |
7,672,000 | 7,405,168 | ||||||
|
Frontier Communications Holdings LLC, 5.88%, 10/15/2027(b) |
8,901,000 | 9,036,251 | ||||||
|
Lumen Technologies, Inc., Series W, 6.75%, 12/01/2023(c) |
5,806,000 | 6,074,237 | ||||||
|
|
|
|||||||
| 22,515,656 | ||||||||
|
|
|
|||||||
|
Electric Utilities-1.40% |
||||||||
|
InterGen N.V. (Netherlands), 7.00%, 06/30/2023(b) |
3,002,000 | 2,954,418 | ||||||
|
PG&E Corp., 5.00%, 07/01/2028(c) |
7,742,000 | 7,677,355 | ||||||
|
|
|
|||||||
| 10,631,773 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-2.28% |
||||||||
|
EnerSys, 5.00%, 04/30/2023(b)(c) |
2,341,000 | 2,380,540 | ||||||
|
Sensata Technologies B.V., 4.88%, 10/15/2023(b) |
3,844,000 | 3,944,309 | ||||||
|
WESCO Distribution, Inc., 7.25%, 06/15/2028(b)(c) |
10,254,000 | 10,942,966 | ||||||
|
|
|
|||||||
| 17,267,815 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
68 |
||||
|
|
| |||
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Energy Equipment & Services-1.84% |
| |||||||
|
Harvest Midstream I L.P., 7.50%, 09/01/2028(b) |
$ | 6,137,000 | $ | 6,202,574 | ||||
|
TechnipFMC PLC (United Kingdom), 6.50%, 02/01/2026(b)(c) |
4,895,000 | 5,060,427 | ||||||
|
Tervita Corp. (Canada), 11.00%, 12/01/2025(b) |
2,356,000 | 2,688,879 | ||||||
|
|
|
|||||||
| 13,951,880 | ||||||||
|
|
|
|||||||
|
Entertainment-1.32% |
||||||||
|
Live Nation Entertainment, Inc., 6.50%, 05/15/2027(b) |
9,293,000 | 9,959,959 | ||||||
|
|
|
|||||||
|
Equity REITs-3.94% |
||||||||
|
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/2026(b) |
8,514,000 | 8,773,677 | ||||||
|
SBA Communications Corp., 3.88%, 02/15/2027(c) |
11,476,000 | 11,462,515 | ||||||
|
Service Properties Trust, 4.50%, 06/15/2023 |
3,892,000 | 3,858,996 | ||||||
|
VICI Properties L.P./VICI Note Co., Inc., 3.75%, 02/15/2027(b)(c) |
5,734,000 | 5,700,657 | ||||||
|
|
|
|||||||
| 29,795,845 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.33% |
| |||||||
|
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s L.P./Albertson’s LLC, 3.50%, 02/15/2023(b)(c) |
5,811,000 | 5,833,605 | ||||||
|
SEG Holding LLC/SEG Finance Corp., 5.63%, 10/15/2028(b) |
243,000 | 250,600 | ||||||
|
United Natural Foods, Inc., 6.75%, 10/15/2028(b)(c) |
3,821,000 | 3,953,779 | ||||||
|
|
|
|||||||
| 10,037,984 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-3.61% |
| |||||||
|
CHS/Community Health Systems, Inc., 5.63%, 03/15/2027(b)(c) |
14,705,000 | 14,757,423 | ||||||
|
Hologic, Inc., 4.63%, 02/01/2028(b)(c) |
3,100,000 | 3,204,485 | ||||||
|
Ortho-Clinical Diagnostics, Inc./Ortho- Clinical Diagnostics S.A., 7.25%, 02/01/2028(b) |
3,104,000 | 3,247,032 | ||||||
|
Teleflex, Inc., 4.25%, 06/01/2028(b) |
3,885,000 | 3,843,392 | ||||||
|
Varex Imaging Corp., 7.88%, 10/15/2027(b) |
2,110,000 | 2,276,933 | ||||||
|
|
|
|||||||
| 27,329,265 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-6.63% |
| |||||||
|
Acadia Healthcare Co., Inc., 5.50%, 07/01/2028(b) |
3,465,000 | 3,485,790 | ||||||
|
Avantor Funding, Inc., 4.63%, 07/15/2028(b) |
11,999,000 | 12,193,384 | ||||||
|
Tenet Healthcare Corp. |
||||||||
|
6.75%, 06/15/2023 |
14,487,000 | 15,081,981 | ||||||
|
6.13%, 10/01/2028(b)(c) |
19,276,000 | 19,401,679 | ||||||
|
|
|
|||||||
| 50,162,834 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-9.31% |
| |||||||
|
Academy Ltd., 6.00%, |
3,100,000 | 3,231,828 | ||||||
|
Brinker International, Inc., 3.88%, 05/15/2023 |
2,345,000 | 2,369,529 | ||||||
|
Caesars Entertainment, Inc., 8.13%, 07/01/2027(b)(c) |
13,076,000 | 14,070,691 | ||||||
| Principal Amount |
Value | |||||||
|
Hotels, Restaurants & Leisure-(continued) |
| |||||||
|
Carnival Corp., 10.50%, 02/01/2026(b)(c) |
$ | 6,003,000 | $ | 6,746,111 | ||||
|
Cedar Fair L.P./Canada’s Wonderland Co./Magnum Management Corp., 6.50%, 10/01/2028(c) |
2,306,000 | 2,366,187 | ||||||
|
Churchill Downs, Inc., 4.75%, 01/15/2028(b) |
5,422,000 | 5,332,401 | ||||||
|
Hilton Domestic Operating Co., Inc., 5.75%, 05/01/2028(b)(c) |
3,840,000 | 4,017,427 | ||||||
|
MGM Resorts International, 6.00%, 03/15/2023(c) |
9,681,000 | 9,995,633 | ||||||
|
Peninsula Pacific Entertainment LLC/ Peninsula Pacific Entertainment Finance, Inc., 8.50%, 11/15/2027(b) |
6,521,000 | 7,225,268 | ||||||
|
Scientific Games International, Inc., 7.00%, 05/15/2028(b)(c) |
5,348,000 | 5,513,788 | ||||||
|
Travel + Leisure Co., 3.90%, 03/01/2023 |
3,045,000 | 3,056,312 | ||||||
|
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 4.25%, 05/30/2023(b)(c) |
3,889,000 | 3,912,373 | ||||||
|
Yum! Brands, Inc., 3.88%, 11/01/2023(c) |
2,536,000 | 2,596,141 | ||||||
|
|
|
|||||||
| 70,433,689 | ||||||||
|
|
|
|||||||
|
Household Durables-2.74% |
||||||||
|
Apex Tool Group LLC/BC Mountain Finance, Inc., 9.00%, 02/15/2023(b)(c) |
2,391,000 | 2,396,320 | ||||||
|
Ashton Woods USA LLC/Ashton Woods Finance Co., 6.63%, 01/15/2028(b) |
1,937,000 | 1,992,360 | ||||||
|
Installed Building Products, Inc., 5.75%, 02/01/2028(b)(c) |
2,271,000 | 2,279,766 | ||||||
|
KB Home, 7.63%, 05/15/2023(c) |
2,711,000 | 2,805,600 | ||||||
|
Newell Brands, Inc., 4.35%, 04/01/2023(c) |
8,414,000 | 8,595,869 | ||||||
|
Taylor Morrison Communities, Inc./Taylor Morrison Holdings II, Inc., 5.88%, 04/15/2023(b) |
2,645,000 | 2,704,486 | ||||||
|
|
|
|||||||
| 20,774,401 | ||||||||
|
|
|
|||||||
|
Household Products-0.72% |
||||||||
|
Central Garden & Pet Co., 5.13%, 02/01/2028(c) |
2,306,000 | 2,349,214 | ||||||
|
Prestige Brands, Inc., 5.13%, 01/15/2028(b) |
3,127,000 | 3,134,896 | ||||||
|
|
|
|||||||
| 5,484,110 | ||||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-1.37% |
| |||||||
|
Clearway Energy Operating LLC, 4.75%, 03/15/2028(b)(c) |
6,519,000 | 6,564,046 | ||||||
|
TerraForm Power Operating LLC, 4.25%, 01/31/2023(b)(c) |
3,831,000 | 3,840,329 | ||||||
|
|
|
|||||||
| 10,404,375 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.41% |
||||||||
|
Cars.com, Inc., 6.38%, 11/01/2028(b) |
3,061,000 | 3,095,865 | ||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.27% |
| |||||||
|
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc., 10.75%, 06/01/2028(b) |
1,915,000 | 2,024,576 | ||||||
|
IT Services-1.35% |
||||||||
|
Gartner, Inc., 4.50%, 07/01/2028(b)(c) |
6,198,000 | 6,286,260 | ||||||
|
Unisys Corp., 6.88%, 11/01/2027(b) |
3,767,000 | 3,969,570 | ||||||
|
|
|
|||||||
| 10,255,830 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
69 |
||||
|
|
| |||
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Leisure Products-0.25% |
||||||||
|
Mattel, Inc., 3.15%, 03/15/2023 |
$ | 1,895,000 | $ | 1,897,160 | ||||
|
|
|
|||||||
|
Machinery-0.80% |
||||||||
|
Cleaver-Brooks, Inc., 7.88%, 03/01/2023(b)(c) |
2,895,000 | 2,783,933 | ||||||
|
TK Elevator Holdco GmbH (Germany), 7.63%, 07/15/2028,
(Acquired 02/01/2022 - 02/10/2022; |
3,200,000 | 3,259,200 | ||||||
|
|
|
|||||||
| 6,043,133 | ||||||||
|
|
|
|||||||
|
Media-4.09% |
||||||||
|
CCO Holdings LLC/CCO Holdings Capital Corp., 4.00%, 03/01/2023(b) |
3,848,000 | 3,847,519 | ||||||
|
DISH DBS Corp., 5.00%, 03/15/2023 |
11,616,000 | 11,755,392 | ||||||
|
Quebecor Media, Inc. (Canada), 5.75%, 01/15/2023(c) |
6,577,000 | 6,699,990 | ||||||
|
TEGNA, Inc., 4.75%, 03/15/2026(b) |
4,250,000 | 4,283,277 | ||||||
|
Townsquare Media, Inc., 6.88%, 02/01/2026(b)(c) |
4,250,000 | 4,339,250 | ||||||
|
|
|
|||||||
| 30,925,428 | ||||||||
|
|
|
|||||||
|
Metals & Mining-3.16% |
||||||||
|
Arconic Corp., 6.13%, 02/15/2028(b) |
6,920,000 | 7,085,976 | ||||||
|
Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/2029(b) |
5,569,000 | 5,827,624 | ||||||
|
Commercial Metals Co., 4.88%, 05/15/2023(c) |
2,558,000 | 2,611,411 | ||||||
|
Constellium SE, 5.63%, 06/15/2028(b)(c) |
2,600,000 | 2,620,748 | ||||||
|
Joseph T. Ryerson & Son, Inc., 8.50%, 08/01/2028(b) |
2,353,000 | 2,548,299 | ||||||
|
New Gold, Inc. (Canada), 7.50%, 07/15/2027(b)(c) |
3,071,000 | 3,204,819 | ||||||
|
|
|
|||||||
| 23,898,877 | ||||||||
|
|
|
|||||||
|
Mortgage REITs-0.31% |
||||||||
|
Starwood Property Trust, Inc., 5.50%, 11/01/2023(b) |
2,345,000 | 2,383,071 | ||||||
|
|
|
|||||||
|
Multiline Retail-0.52% |
||||||||
|
Macy’s Retail Holdings LLC, 2.88%, 02/15/2023(c) |
3,900,000 | 3,900,000 | ||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-8.24% |
| |||||||
|
Aethon United BR L.P./Aethon United Finance Corp., 8.25%, 02/15/2026(b) |
5,786,000 | 6,131,424 | ||||||
|
Antero Midstream Partners L.P./Antero Midstream Finance Corp., 7.88%, 05/15/2026(b) |
4,250,000 | 4,574,169 | ||||||
|
Buckeye Partners L.P., 4.15%, 07/01/2023 |
3,847,000 | 3,898,819 | ||||||
|
Chesapeake Energy Corp., 5.50%, 02/01/2026(b) |
3,839,000 | 3,949,736 | ||||||
|
DCP Midstream Operating L.P., 3.88%, 03/15/2023 |
3,878,000 | 3,926,339 | ||||||
|
EQM Midstream Partners L.P., 4.75%, 07/15/2023 |
4,611,000 | 4,640,234 | ||||||
|
Hess Midstream Operations L.P., 5.13%, 06/15/2028(b)(c) |
4,224,000 | 4,319,462 | ||||||
|
MEG Energy Corp. (Canada), 7.13%, 02/01/2027(b) |
9,235,000 | 9,660,733 | ||||||
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
NGL Energy Partners L.P./NGL Energy Finance Corp., 7.50%, 11/01/2023 |
$ | 3,820,000 | $ | 3,673,083 | ||||
|
Occidental Petroleum Corp., 2.70%, 02/15/2023 |
3,422,000 | 3,427,133 | ||||||
|
PBF Logistics L.P./PBF Logistics Finance Corp., 6.88%, 05/15/2023 |
4,064,000 | 4,047,846 | ||||||
|
Range Resources Corp., 5.00%, 03/15/2023 |
4,084,000 | 4,139,216 | ||||||
|
Rockpoint Gas Storage Canada Ltd. (Canada), 7.00%, 03/31/2023(b) |
3,053,000 | 3,052,237 | ||||||
|
Southwestern Energy Co., 8.38%, 09/15/2028(c) |
2,686,000 | 2,939,827 | ||||||
|
|
|
|||||||
| 62,380,258 | ||||||||
|
|
|
|||||||
|
Personal Products-1.26% |
||||||||
|
Avon Products, Inc. (United Kingdom), 6.50%, 03/15/2023(c) |
3,612,000 | 3,674,975 | ||||||
|
Edgewell Personal Care Co., 5.50%, 06/01/2028(b)(c) |
5,805,000 | 5,842,384 | ||||||
|
|
|
|||||||
| 9,517,359 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-1.14% |
||||||||
|
AdaptHealth LLC, 6.13%, 08/01/2028(b)(c) |
2,690,000 | 2,666,005 | ||||||
|
Elanco Animal Health, Inc., 5.77%, 08/28/2023(c) |
5,789,000 | 5,970,196 | ||||||
|
|
|
|||||||
| 8,636,201 | ||||||||
|
|
|
|||||||
|
Real Estate Management & Development-1.83% |
| |||||||
|
Cushman & Wakefield US Borrower LLC, 6.75%, 05/15/2028(b) |
5,032,000 | 5,264,428 | ||||||
|
Howard Hughes Corp. (The), 5.38%, 08/01/2028(b)(c) |
5,367,000 | 5,431,726 | ||||||
|
Realogy Group LLC/Realogy Co-Issuer Corp., 4.88%, 06/01/2023(b)(c) |
3,096,000 | 3,169,004 | ||||||
|
|
|
|||||||
| 13,865,158 | ||||||||
|
|
|
|||||||
|
Road & Rail-1.14% |
||||||||
|
Uber Technologies, Inc., 6.25%, 01/15/2028(b)(c) |
3,873,000 | 3,959,368 | ||||||
|
Watco Cos. LLC/Watco Finance Corp., 6.50%, 06/15/2027(b) |
4,600,000 | 4,633,120 | ||||||
|
|
|
|||||||
| 8,592,488 | ||||||||
|
|
|
|||||||
|
Specialty Retail-0.35% |
||||||||
|
Guitar Center, Inc., 8.50%, 01/15/2026(b)(c) |
2,510,000 | 2,635,876 | ||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-2.02% |
| |||||||
|
Presidio Holdings, Inc., 8.25%, 02/01/2028(b)(c) |
3,100,000 | 3,178,740 | ||||||
|
Seagate HDD Cayman, 4.75%, 06/01/2023(c) |
4,177,000 | 4,296,817 | ||||||
|
Xerox Corp., 4.38%, 03/15/2023(c) |
7,755,000 | 7,842,438 | ||||||
|
|
|
|||||||
| 15,317,995 | ||||||||
|
|
|
|||||||
|
Thrifts & Mortgage Finance-1.55% |
| |||||||
|
MGIC Investment Corp. |
||||||||
|
5.75%, 08/15/2023(c) |
1,850,000 | 1,930,974 | ||||||
|
5.25%, 08/15/2028 |
4,973,000 | 5,044,910 | ||||||
|
Nationstar Mortgage Holdings, Inc., 6.00%, 01/15/2027(b) |
4,645,000 | 4,720,551 | ||||||
|
|
|
|||||||
| 11,696,435 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
70 |
||||
|
|
| |||
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Trading Companies & Distributors-2.19% |
| |||||||
|
Fortress Transportation and Infrastructure Investors LLC, 9.75%, 08/01/2027(b) |
$ | 3,083,000 | $ | 3,387,462 | ||||
|
United Rentals North America, Inc., 4.88%, 01/15/2028 |
12,923,000 | 13,173,544 | ||||||
|
|
|
|||||||
| 16,561,006 | ||||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-4.68% |
|
|||||||
|
Sprint Corp., 7.88%, 09/15/2023 |
32,907,000 | 35,395,592 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
740,486,846 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.77% |
| |||||||
|
Invesco Government & Agency |
5,810,863 | 5,810,863 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
746,297,709 | ||||||
|
|
|
|||||||
| Shares | Value | |||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-18.70% |
| |||||||
|
Invesco Private Government Fund, 0.12%(e)(f)(g) |
42,444,961 | $ | 42,444,961 | |||||
|
Invesco Private Prime Fund, |
99,028,338 | 99,038,243 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
141,483,204 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-117.32% |
|
887,780,913 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(17.32)% |
|
(131,045,244 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
|
$ | 756,735,669 | |||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $438,596,685, which represented 57.96% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Restricted security. The value of this security at February 28, 2022 represented less than 1% of the Fund’s Net Assets. |
| (e) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 1,252,545 | $ | 172,249,128 | $ | (167,690,810 | ) | $ | - | $ | - | $ | 5,810,863 | $ | 2,477 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
36,814,253 | 98,919,378 | (93,288,670 | ) | - | - | 42,444,961 | 5,185 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
85,920,830 | 165,855,550 | (152,712,031 | ) | (9,043 | ) | (17,063 | ) | 99,038,243 | 45,242 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 123,987,628 | $ | 437,024,056 | $ | (413,691,511 | ) | $ | (9,043 | ) | $ | (17,063 | ) | $ | 147,294,067 | $ | 52,904 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (f) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (g) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
71 |
||||
|
|
| |||
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Consumer Discretionary |
20.41 | |||||
|
Communication Services |
13.47 | |||||
|
Industrials |
11.58 | |||||
|
Health Care |
11.38 | |||||
|
Energy |
10.08 | |||||
|
Materials |
9.27 | |||||
|
Financials |
6.17 | |||||
|
Real Estate |
5.77 | |||||
|
Information Technology |
3.64 | |||||
|
Consumer Staples |
3.31 | |||||
|
Utilities |
2.77 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
2.15 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
72 |
||||
|
|
| |||
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-96.63% |
| |||||||
|
Aerospace & Defense-1.20% |
||||||||
|
Bombardier, Inc. (Canada), 7.50%, 12/01/2024(b)(c) |
$ | 5,315,000 | $ | 5,506,739 | ||||
|
|
|
|||||||
|
Airlines-0.38% |
||||||||
|
United Airlines Holdings, Inc., 5.00%, 02/01/2024(c) |
1,708,000 | 1,727,104 | ||||||
|
|
|
|||||||
|
Auto Components-2.28% |
||||||||
|
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 5.38%, 03/01/2029(b)(c) |
3,390,000 | 3,340,659 | ||||||
|
FXI Holdings, Inc., 7.88%, |
2,852,000 | 2,812,685 | ||||||
|
Tenneco, Inc. |
||||||||
|
5.38%, 12/15/2024 |
1,336,000 | 1,343,014 | ||||||
|
7.88%, 01/15/2029(b)(c) |
2,801,000 | 2,961,441 | ||||||
|
|
|
|||||||
| 10,457,799 | ||||||||
|
|
|
|||||||
|
Automobiles-4.49% |
||||||||
|
Allison Transmission, Inc., 5.88%, 06/01/2029(b) |
2,831,000 | 2,974,461 | ||||||
|
Ford Motor Credit Co. LLC |
||||||||
|
3.81%, 01/09/2024 |
4,300,000 | 4,355,040 | ||||||
|
3.66%, 09/08/2024(c) |
4,650,000 | 4,661,044 | ||||||
|
4.06%, 11/01/2024 |
8,450,000 | 8,586,112 | ||||||
|
|
|
|||||||
| 20,576,657 | ||||||||
|
|
|
|||||||
|
Banks-2.54% |
||||||||
|
Freedom Mortgage Corp., 8.13%, 11/15/2024(b)(c) |
2,271,000 | 2,269,240 | ||||||
|
Intesa Sanpaolo S.p.A. (Italy), 5.02%, 06/26/2024(b) |
9,060,000 | 9,337,722 | ||||||
|
|
|
|||||||
| 11,606,962 | ||||||||
|
|
|
|||||||
|
Chemicals-2.48% |
||||||||
|
Cornerstone Chemical Co., 6.75%, 08/15/2024(b)(c) |
2,545,000 | 2,320,467 | ||||||
|
Olin Corp., 5.63%, 08/01/2029(c) |
3,597,000 | 3,758,308 | ||||||
|
Rayonier A.M. Products, Inc., 5.50%, 06/01/2024(b)(c) |
2,091,000 | 2,058,328 | ||||||
|
Scotts Miracle-Gro Co. (The), 4.50%, 10/15/2029(c) |
2,379,000 | 2,299,756 | ||||||
|
WR Grace Holdings LLC, 5.63%, 10/01/2024(b) |
905,000 | 924,109 | ||||||
|
|
|
|||||||
| 11,360,968 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-0.83% |
| |||||||
|
Clean Harbors, Inc., 5.13%, 07/15/2029(b) |
1,373,000 | 1,404,565 | ||||||
|
GEO Group, Inc. (The), 5.88%, |
1,306,000 | 1,153,610 | ||||||
|
Pitney Bowes, Inc., 4.63%, |
1,200,000 | 1,225,482 | ||||||
|
|
|
|||||||
| 3,783,657 | ||||||||
|
|
|
|||||||
|
Construction & Engineering-0.40% |
| |||||||
|
Great Lakes Dredge & Dock Corp., 5.25%, 06/01/2029(b)(c) |
1,840,000 | 1,844,766 | ||||||
|
|
|
|||||||
|
Consumer Finance-3.06% |
||||||||
|
Credit Acceptance Corp., 5.13%, 12/31/2024(b) |
2,281,000 | 2,315,067 | ||||||
|
Enova International, Inc., 8.50%, 09/01/2024(b) |
1,080,000 | 1,085,324 | ||||||
| Principal Amount |
Value | |||||||
|
Consumer Finance-(continued) |
||||||||
|
goeasy Ltd. (Canada), 5.38%, 12/01/2024(b) |
$ | 2,980,000 | $ | 2,998,729 | ||||
|
Navient Corp. |
||||||||
|
6.13%, 03/25/2024(c) |
4,725,000 | 4,872,515 | ||||||
|
5.88%, 10/25/2024(c) |
2,665,000 | 2,759,661 | ||||||
|
|
|
|||||||
| 14,031,296 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-2.74% |
||||||||
|
Graphic Packaging International LLC, 4.13%, 08/15/2024 |
1,693,000 | 1,749,606 | ||||||
|
Mauser Packaging Solutions Holding Co., 5.50%, 04/15/2024(b)(c) |
8,348,000 | 8,314,608 | ||||||
|
Sealed Air Corp., 5.13%, 12/01/2024(b)(c) |
2,384,000 | 2,470,265 | ||||||
|
|
|
|||||||
| 12,534,479 | ||||||||
|
|
|
|||||||
|
Distributors-0.67% |
||||||||
|
Wolverine Escrow LLC, 8.50%, 11/15/2024(b)(c) |
3,640,000 | 3,063,606 | ||||||
|
|
|
|||||||
|
Diversified Consumer Services-1.96% |
| |||||||
|
Cengage Learning, Inc., 9.50%, |
3,404,000 | 3,415,420 | ||||||
|
Grand Canyon University, 4.13%, 10/01/2024(c) |
1,180,000 | 1,196,001 | ||||||
|
Service Corp. International, 5.13%, 06/01/2029(c) |
4,226,000 | 4,339,468 | ||||||
|
|
|
|||||||
| 8,950,889 | ||||||||
|
|
|
|||||||
|
Diversified Financial Services-2.59% |
||||||||
|
Burford Capital Global Finance LLC, 6.25%, 04/15/2028(b)(c) |
2,300,000 | 2,386,215 | ||||||
|
Compass Group Diversified Holdings LLC, 5.25%, 04/15/2029(b) |
3,330,000 | 3,222,874 | ||||||
|
Midcap Financial Issuer Trust, 6.50%, 05/01/2028(b) |
4,400,000 | 4,293,564 | ||||||
|
Stena International S.A. (Sweden), 5.75%, 03/01/2024(b)(c) |
1,950,000 | 1,952,262 | ||||||
|
|
|
|||||||
| 11,854,915 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-1.30% |
| |||||||
|
Lumen Technologies, Inc., Series Y, 7.50%, 04/01/2024 |
5,653,000 | 5,939,183 | ||||||
|
|
|
|||||||
|
Electric Utilities-1.85% |
||||||||
|
NextEra Energy Operating Partners L.P., 4.25%, 07/15/2024(b)(c) |
4,224,000 | 4,312,155 | ||||||
|
NRG Energy, Inc., 5.25%, 06/15/2029(b)(c) |
4,065,000 | 4,154,288 | ||||||
|
|
|
|||||||
| 8,466,443 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.50% |
||||||||
|
Sensata Technologies B.V., 5.63%, 11/01/2024(b) |
2,164,000 | 2,282,587 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.89% |
||||||||
|
Colgate Energy Partners III LLC, 7.75%, 02/15/2026(b) |
1,535,000 | 1,655,559 | ||||||
|
Oceaneering International, Inc., 4.65%, 11/15/2024 |
2,467,000 | 2,430,982 | ||||||
|
|
|
|||||||
| 4,086,541 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
73 |
||||
|
|
| |||
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Entertainment-0.71% |
||||||||
|
Live Nation Entertainment, Inc., 4.88%, 11/01/2024(b)(c) |
$ | 3,206,000 | $ | 3,243,767 | ||||
|
|
|
|||||||
|
Equity REITs-2.03% |
||||||||
|
MGM Growth Properties Operating Partnership L.P./MGP Finance Co-Issuer, Inc., 5.63%, 05/01/2024 |
3,552,000 | 3,691,677 | ||||||
|
VICI Properties L.P./VICI Note Co., Inc., 4.63%, 12/01/2029(b) |
5,502,000 | 5,621,036 | ||||||
|
|
|
|||||||
| 9,312,713 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.55% |
| |||||||
|
PetSmart, Inc./PetSmart Finance Corp., 7.75%, 02/15/2029(b)(c) |
6,760,000 | 7,113,311 | ||||||
|
|
|
|||||||
|
Food Products-1.55% |
||||||||
|
Post Holdings, Inc., 5.50%, 12/15/2029(b) |
7,036,000 | 7,104,249 | ||||||
|
|
|
|||||||
|
Gas Utilities-0.87% |
||||||||
|
AmeriGas Partners L.P./AmeriGas Finance Corp., 5.63%, 05/20/2024 |
3,914,000 | 3,997,583 | ||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-1.08% |
| |||||||
|
CHS/Community Health Systems, Inc., 6.00%, 01/15/2029(b)(c) |
4,922,000 | 4,936,495 | ||||||
|
|
|
|||||||
|
Health Care Providers & Services-2.00% |
| |||||||
|
Owens & Minor, Inc., 4.38%, 12/15/2024(c) |
1,438,000 | 1,495,549 | ||||||
|
Tenet Healthcare Corp. |
||||||||
|
4.63%, 07/15/2024 |
4,285,000 | 4,305,825 | ||||||
|
4.63%, 09/01/2024(b) |
3,289,000 | 3,337,184 | ||||||
|
|
|
|||||||
| 9,138,558 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-5.70% |
| |||||||
|
Carnival Corp. |
||||||||
|
7.63%, 03/01/2026(b)(c) |
8,200,000 | 8,437,759 | ||||||
|
9.88%, 08/01/2027(b) |
5,411,000 | 6,081,450 | ||||||
|
Full House Resorts, Inc., 8.25%, 02/15/2028(b) |
1,247,000 | 1,252,156 | ||||||
|
Mohegan Gaming & Entertainment, 7.88%, 10/15/2024(b)(c) |
450,000 | 463,392 | ||||||
|
Scientific Games International, Inc., 7.25%, 11/15/2029(b)(c) |
2,812,000 | 2,990,562 | ||||||
|
Six Flags Entertainment Corp., 4.88%, 07/31/2024(b)(c) |
5,133,000 | 5,138,852 | ||||||
|
Travel + Leisure Co., 5.65%, 04/01/2024 |
1,691,000 | 1,756,509 | ||||||
|
|
|
|||||||
| 26,120,680 | ||||||||
|
|
|
|||||||
|
Household Durables-1.22% |
||||||||
|
Newell Brands, Inc., 4.00%, 12/01/2024 |
1,282,000 | 1,308,146 | ||||||
|
Taylor Morrison Communities, Inc./Taylor Morrison Holdings II, Inc., 5.63%, 03/01/2024(b) |
1,605,000 | 1,655,140 | ||||||
|
TRI Pointe Group, Inc./TRI Pointe Homes, Inc., 5.88%, 06/15/2024(c) |
2,505,000 | 2,608,319 | ||||||
|
|
|
|||||||
| 5,571,605 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.34% |
||||||||
|
Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 4.75%, 09/15/2024 |
6,188,000 | 6,148,799 | ||||||
|
|
|
|||||||
|
Interactive Media & Services-0.44% |
||||||||
|
Match Group Holdings II LLC, 5.63%, 02/15/2029(b) |
1,917,000 | 1,991,705 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Leisure Products-0.71% |
||||||||
|
Mattel, Inc., 3.75%, 04/01/2029(b)(c) |
$ | 3,242,000 | $ | 3,251,078 | ||||
|
|
|
|||||||
|
Machinery-0.24% |
||||||||
|
JPW Industries Holding Corp., 9.00%, 10/01/2024(b) |
1,067,000 | 1,102,232 | ||||||
|
|
|
|||||||
|
Marine-0.47% |
||||||||
|
Stena AB (Sweden), 7.00%, 02/01/2024(b)(c) |
2,100,000 | 2,129,505 | ||||||
|
|
|
|||||||
|
Media-14.78% |
||||||||
|
CCO Holdings LLC/CCO Holdings Capital Corp., 5.38%, 06/01/2029(b)(c) |
8,386,000 | 8,505,165 | ||||||
|
Clear Channel Outdoor Holdings, Inc. |
||||||||
|
7.75%, 04/15/2028(b)(c) |
5,570,000 | 5,784,445 | ||||||
|
7.50%, 06/01/2029(b)(c) |
6,050,000 | 6,281,503 | ||||||
|
CSC Holdings LLC |
||||||||
|
5.25%, 06/01/2024(c) |
4,240,000 | 4,291,050 | ||||||
|
6.50%, 02/01/2029(b) |
10,240,000 | 10,384,128 | ||||||
|
DISH DBS Corp., 5.88%, 11/15/2024 |
11,311,000 | 11,322,311 | ||||||
|
Lamar Media Corp., 4.88%, 01/15/2029(c) |
2,200,000 | 2,208,283 | ||||||
|
Sirius XM Radio, Inc., 5.50%, 07/01/2029(b)(c) |
6,972,000 | 7,140,897 | ||||||
|
Videotron Ltd. (Canada), 5.38%, 06/15/2024(b)(c) |
3,658,000 | 3,794,443 | ||||||
|
Virgin Media Secured Finance PLC (United Kingdom), 5.50%, 05/15/2029(b)(c) |
7,970,000 | 7,975,294 | ||||||
|
|
|
|||||||
| 67,687,519 | ||||||||
|
|
|
|||||||
|
Metals & Mining-2.05% |
||||||||
|
Celtic Resources Holdings DAC (United Kingdom), 4.13%, 10/09/2024(b) |
1,200,000 | 724,805 | ||||||
|
Century Aluminum Co., 7.50%, 04/01/2028(b) |
30,000 | 31,906 | ||||||
|
Compass Minerals International, Inc., 4.88%, 07/15/2024(b) |
1,118,000 | 1,124,708 | ||||||
|
Hudbay Minerals, Inc. (Canada), 6.13%, 04/01/2029(b)(c) |
3,293,000 | 3,371,653 | ||||||
|
United States Steel Corp., 6.88%, 03/01/2029(c) |
4,017,000 | 4,132,589 | ||||||
|
|
|
|||||||
| 9,385,661 | ||||||||
|
|
|
|||||||
|
Mortgage REITs-0.49% |
||||||||
|
Starwood Property Trust, Inc., 3.75%, 12/31/2024(b) |
2,300,000 | 2,250,849 | ||||||
|
|
|
|||||||
|
Multiline Retail-1.08% |
||||||||
|
Macy’s Retail Holdings LLC |
||||||||
|
3.63%, 06/01/2024 |
1,999,000 | 2,046,716 | ||||||
|
5.88%, 04/01/2029(b)(c) |
2,822,000 | 2,888,839 | ||||||
|
|
|
|||||||
| 4,935,555 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-15.96% |
||||||||
|
Antero Midstream Partners L.P./Antero Midstream Finance Corp., 5.38%, 06/15/2029(b) |
4,014,000 | 4,039,228 | ||||||
|
Antero Resources Corp. |
||||||||
|
8.38%, 07/15/2026(b) |
1,803,000 | 1,980,911 | ||||||
|
7.63%, 02/01/2029(b) |
3,576,000 | 3,875,544 | ||||||
|
Baytex Energy Corp. (Canada), 5.63%, 06/01/2024(b)(c) |
1,131,000 | 1,133,319 | ||||||
|
Callon Petroleum Co., 6.13%, 10/01/2024(c) |
2,850,000 | 2,842,162 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
74 |
||||
|
|
| |||
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
Cheniere Energy Partners L.P., 4.50%, 10/01/2029 |
$ | 8,476,000 | $ | 8,610,514 | ||||
|
Chesapeake Energy Corp. |
||||||||
|
5.88%, 02/01/2029(b) |
2,861,000 | 2,964,940 | ||||||
|
6.75%, 04/15/2029(b)(c) |
5,335,000 | 5,647,871 | ||||||
|
Comstock Resources, Inc., 6.75%, 03/01/2029(b)(c) |
7,064,000 | 7,196,273 | ||||||
|
Crestwood Midstream Partners L.P./ Crestwood Midstream Finance Corp., 8.00%, 04/01/2029(b) |
2,220,000 | 2,364,966 | ||||||
|
CrownRock L.P./CrownRock Finance, Inc., 5.00%, 05/01/2029(b) |
2,257,000 | 2,299,804 | ||||||
|
EnLink Midstream Partners L.P., 4.40%, 04/01/2024 |
3,095,000 | 3,155,933 | ||||||
|
EQM Midstream Partners L.P., 4.00%, 08/01/2024 |
2,811,000 | 2,758,322 | ||||||
|
Genesis Energy L.P./Genesis Energy Finance Corp., 5.63%, 06/15/2024 |
1,924,000 | 1,907,646 | ||||||
|
Murphy Oil Corp. |
||||||||
|
6.88%, 08/15/2024(c) |
1,572,000 | 1,591,611 | ||||||
|
6.38%, 07/15/2028(c) |
3,070,000 | 3,185,048 | ||||||
|
Northern Oil and Gas, Inc., 8.13%, 03/01/2028(b) |
4,212,000 | 4,433,130 | ||||||
|
Occidental Petroleum Corp., 6.95%, 07/01/2024 |
3,340,000 | 3,628,042 | ||||||
|
PDC Energy, Inc., 6.13%, 09/15/2024 |
1,566,000 | 1,579,804 | ||||||
|
Range Resources Corp., 8.25%, 01/15/2029(c) |
3,372,000 | 3,699,354 | ||||||
|
Targa Resources Partners L.P./Targa Resources Partners Finance Corp., 6.88%, 01/15/2029 |
3,824,000 | 4,167,510 | ||||||
|
|
|
|||||||
| 73,061,932 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-2.19% |
||||||||
|
Endo DAC/Endo Finance LLC/Endo Finco, Inc., 5.88%, 10/15/2024(b) |
1,600,000 | 1,572,000 | ||||||
|
Jazz Securities DAC, 4.38%, 01/15/2029(b)(c) |
8,500,000 | 8,433,870 | ||||||
|
|
|
|||||||
| 10,005,870 | ||||||||
|
|
|
|||||||
|
Real Estate Management & Development-0.54% |
|
|||||||
|
Kennedy-Wilson, Inc., 4.75%, 02/01/2030(c) . |
2,590,000 | 2,481,557 | ||||||
|
|
|
|||||||
|
Software-1.88% |
||||||||
|
CDK Global, Inc. |
||||||||
|
5.00%, 10/15/2024 |
2,823,000 | 2,959,859 | ||||||
|
5.25%, 05/15/2029(b)(c) |
2,807,000 | 2,882,200 | ||||||
|
NCR Corp., 6.13%, 09/01/2029(b)(c) |
2,673,000 | 2,778,931 | ||||||
|
|
|
|||||||
| 8,620,990 | ||||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
| Principal Amount |
Value | |||||||
|
Specialty Retail-1.96% |
||||||||
|
AAG FH L.P./AAG FH Finco, Inc. (Canada), 9.75%, 07/15/2024(b) |
$ | 721,000 | $ | 715,492 | ||||
|
Bath & Body Works, Inc., 7.50%, 06/15/2029(c) |
2,701,000 | 2,972,396 | ||||||
|
Murphy Oil USA, Inc., 4.75%, 09/15/2029 |
2,862,000 | 2,874,206 | ||||||
|
Rent-A-Center, Inc., 6.38%, 02/15/2029(b)(c) |
2,535,000 | 2,430,444 | ||||||
|
|
|
|||||||
| 8,992,538 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-1.09% |
|
|||||||
|
Diebold Nixdorf, Inc., 8.50%, 04/15/2024(c) |
2,265,000 | 2,234,524 | ||||||
|
Seagate HDD Cayman, 4.88%, 03/01/2024 . |
2,665,000 | 2,751,746 | ||||||
|
|
|
|||||||
| 4,986,270 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-1.08% |
|
|||||||
|
Hanesbrands, Inc., 4.63%, 05/15/2024(b) |
4,892,000 | 4,964,817 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-3.46% |
|
|||||||
|
Sprint Corp., 7.13%, 06/15/2024 |
14,640,000 | 15,861,122 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
442,471,551 | ||||||
|
|
|
|||||||
| Shares | ||||||||
| Money Market Funds-2.59% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, |
11,868,784 | 11,868,784 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
454,340,335 | ||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
|
|||||||
|
Money Market Funds-22.21% |
||||||||
|
Invesco Private Government Fund, 0.12%(d)(e)(f) |
29,463,362 | 29,463,362 | ||||||
|
Invesco Private Prime Fund, |
72,214,817 | 72,222,040 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
101,685,402 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-121.43% |
|
556,025,737 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(21.43)% |
|
(98,133,462 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 457,892,275 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
75 |
||||
|
|
| |||
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $271,499,953, which represented 59.29% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 7,592,648 | $ | 85,240,075 | $ | (80,963,939 | ) | $ | - | $ | - | $ | 11,868,784 | $ | 1,338 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
23,913,924 | 75,838,074 | (70,288,636 | ) | - | - | 29,463,362 | 4,026 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
56,667,297 | 152,071,680 | (136,493,994 | ) | (6,185 | ) | (16,758 | ) | 72,222,040 | 35,514 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 88,173,869 | $ | 313,149,829 | $ | (287,746,569 | ) | $ | (6,185 | ) | $ | (16,758 | ) | $ | 113,554,186 | $ | 40,878 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (f) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Communication Services |
20.69 | |||||
|
Consumer Discretionary |
19.85 | |||||
|
Energy |
17.48 | |||||
|
Financials |
8.25 | |||||
|
Materials |
7.27 | |||||
|
Industrials |
6.46 | |||||
|
Health Care |
5.27 | |||||
|
Consumer Staples |
3.10 | |||||
|
Sector Types Each Less Than 3% |
8.26 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
3.37 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
76 |
||||
|
|
| |||
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-97.60% |
| |||||||
|
Aerospace & Defense-3.37% |
| |||||||
|
Bombardier, Inc. (Canada), 7.50%, 03/15/2025(b)(c) |
$ | 4,354,000 | $ | 4,347,708 | ||||
|
Kratos Defense & Security Solutions, Inc., 6.50%, 11/30/2025(b) |
874,000 | 904,175 | ||||||
|
Spirit AeroSystems, Inc. |
||||||||
|
5.50%, 01/15/2025(b)(c) |
1,451,000 | 1,492,896 | ||||||
|
7.50%, 04/15/2025(b) |
3,475,000 | 3,608,788 | ||||||
|
Triumph Group, Inc., 7.75%, 08/15/2025(c). |
1,490,000 | 1,497,078 | ||||||
|
|
|
|||||||
| 11,850,645 | ||||||||
|
|
|
|||||||
|
Air Freight & Logistics-0.37% |
| |||||||
|
Western Global Airlines LLC, 10.38%, 08/15/2025(b)(c) |
1,205,000 | 1,311,185 | ||||||
|
|
|
|||||||
|
Airlines-2.96% |
| |||||||
|
American Airlines Group, Inc., 3.75%, 03/01/2025(b)(c) |
1,480,000 | 1,380,100 | ||||||
|
American Airlines, Inc., 11.75%, |
7,423,000 | 9,021,172 | ||||||
|
|
|
|||||||
| 10,401,272 | ||||||||
|
|
|
|||||||
|
Auto Components-0.24% |
| |||||||
|
GC EOS Buyer, Inc., 9.25%, 08/01/2025(b) |
805,000 | 856,669 | ||||||
|
|
|
|||||||
|
Automobiles-5.43% |
| |||||||
|
Ford Motor Co., 9.00%, 04/22/2025(c) |
5,400,000 | 6,267,375 | ||||||
|
Ford Motor Credit Co. LLC |
||||||||
|
2.30%, 02/10/2025(c) |
750,000 | 728,479 | ||||||
|
4.69%, 06/09/2025 |
1,000,000 | 1,031,995 | ||||||
|
5.13%, 06/16/2025 |
3,600,000 | 3,743,496 | ||||||
|
4.13%, 08/04/2025 |
3,200,000 | 3,240,000 | ||||||
|
3.38%, 11/13/2025 |
4,130,000 | 4,072,758 | ||||||
|
|
|
|||||||
| 19,084,103 | ||||||||
|
|
|
|||||||
|
Banks-0.46% |
| |||||||
|
Freedom Mortgage Corp., 8.25%, 04/15/2025(b) |
1,600,000 | 1,598,944 | ||||||
|
|
|
|||||||
|
Building Products-0.33% |
| |||||||
|
JELD-WEN, Inc.,
4.63%, |
1,192,000 | 1,171,468 | ||||||
|
|
|
|||||||
|
Capital Markets-0.33% |
| |||||||
|
StoneX Group, Inc., 8.63%, 06/15/2025(b) |
1,099,000 | 1,152,604 | ||||||
|
|
|
|||||||
|
Chemicals-2.65% |
| |||||||
|
Koppers, Inc., 6.00%, 02/15/2025(b) |
1,481,000 | 1,488,005 | ||||||
|
Kraton Polymers LLC/Kraton Polymers |
||||||||
|
Capital Corp., 4.25%, 12/15/2025(b)(c) |
1,115,000 | 1,144,269 | ||||||
|
OCI N.V. (Netherlands), 4.63%, 10/15/2025(b) |
1,090,000 | 1,094,196 | ||||||
|
Olin Corp., 9.50%, 06/01/2025(b) |
626,000 | 738,524 | ||||||
|
Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 04/01/2025(b) |
1,636,000 | 1,639,616 | ||||||
|
Trinseo Materials Operating S.C.A./Trinseo Materials Finance, Inc., 5.38%, 09/01/2025(b) |
1,488,000 | 1,501,377 | ||||||
| Principal Amount |
Value | |||||||
|
Chemicals-(continued) |
| |||||||
|
Venator Finance S.a.r.l./Venator Materials LLC |
||||||||
|
9.50%, 07/01/2025(b) |
$ | 670,000 | $ | 722,618 | ||||
|
5.75%, 07/15/2025(b)(c) |
1,111,000 | 1,001,728 | ||||||
|
|
|
|||||||
| 9,330,333 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-3.68% |
| |||||||
|
Aptim Corp., 7.75%, 06/15/2025(b)(c) |
1,530,000 | 1,296,675 | ||||||
|
Covanta Holding Corp., 5.00%, 09/01/2030(c) |
945,000 | 909,279 | ||||||
|
GFL Environmental, Inc. (Canada) |
||||||||
|
4.25%, 06/01/2025(b)(c) |
1,481,000 | 1,480,800 | ||||||
|
3.75%, 08/01/2025(b)(c) |
2,174,000 | 2,154,891 | ||||||
|
Intrado Corp., 8.50%, |
2,028,000 | 1,869,289 | ||||||
|
KAR Auction Services, Inc., 5.13%, 06/01/2025(b)(c) |
2,814,000 | 2,856,041 | ||||||
|
Matthews International Corp., 5.25%, 12/01/2025(b)(c) |
833,000 | 839,768 | ||||||
|
Ritchie Bros. Auctioneers, Inc. (Canada), 5.38%, 01/15/2025(b) |
1,499,000 | 1,524,333 | ||||||
|
|
|
|||||||
| 12,931,076 | ||||||||
|
|
|
|||||||
|
Communications Equipment-1.68% |
| |||||||
|
CommScope Technologies LLC, 6.00%, 06/15/2025(b)(c) |
4,014,000 | 3,939,520 | ||||||
|
ViaSat, Inc., 5.63%, 09/15/2025(b) |
2,073,000 | 1,983,053 | ||||||
|
|
|
|||||||
| 5,922,573 | ||||||||
|
|
|
|||||||
|
Construction & Engineering-1.31% |
| |||||||
|
Artera Services LLC, 9.03%, 12/04/2025(b) |
2,932,000 | 2,945,560 | ||||||
|
Tutor Perini Corp., 6.88%, 05/01/2025(b)(c) |
1,678,000 | 1,644,172 | ||||||
|
|
|
|||||||
| 4,589,732 | ||||||||
|
|
|
|||||||
|
Construction Materials-0.86% |
| |||||||
|
Associated Materials LLC/AMH New Finance, Inc., 9.00%, 09/01/2025(b) |
554,000 | 584,229 | ||||||
|
Picasso Finance Sub, Inc., 6.13%, 06/15/2025(b) |
1,566,000 | 1,616,825 | ||||||
|
Werner FinCo L.P./Werner FinCo, Inc., 8.75%, 07/15/2025(b) |
783,000 | 814,574 | ||||||
|
|
|
|||||||
| 3,015,628 | ||||||||
|
|
|
|||||||
|
Consumer Finance-2.27% |
| |||||||
|
Finance of America Funding LLC, 7.88%, 11/15/2025(b) |
1,039,000 | 968,109 | ||||||
|
Navient Corp., 6.75%, 06/25/2025 |
1,485,000 | 1,544,200 | ||||||
|
OneMain Finance Corp., 6.88%, 03/15/2025 |
3,700,000 | 3,952,821 | ||||||
|
SLM Corp., 4.20%, 10/29/2025(c) |
1,501,000 | 1,510,321 | ||||||
|
|
|
|||||||
| 7,975,451 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-3.28% |
| |||||||
|
Ball Corp., 5.25%, 07/01/2025(c) |
2,911,000 | 3,089,008 | ||||||
|
Mauser Packaging Solutions Holding Co., 7.25%, 04/15/2025(b)(c) |
3,955,000 | 3,892,847 | ||||||
|
Owens-Brockway Glass Container, Inc. |
||||||||
|
5.38%, 01/15/2025(b)(c) |
872,000 | 889,370 | ||||||
|
6.38%, 08/15/2025(b)(c) |
834,000 | 878,627 | ||||||
|
Pactiv LLC, 7.95%, 12/15/2025 |
822,000 | 855,702 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
77 |
||||
|
|
| |||
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)—(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Containers & Packaging-(continued) |
| |||||||
|
Sealed Air Corp., 5.50%, 09/15/2025(b) |
$ | 1,148,000 | $ | 1,203,977 | ||||
|
Trident TPI Holdings, Inc., 6.63%, 11/01/2025(b) |
713,000 | 706,558 | ||||||
|
|
|
|||||||
| 11,516,089 | ||||||||
|
|
|
|||||||
|
Diversified Financial Services-0.97% |
| |||||||
|
Stena International S.A. (Sweden), 6.13%, 02/01/2025(b) |
1,109,000 | 1,127,969 | ||||||
|
United Wholesale Mortgage LLC, 5.50%, 11/15/2025(b) |
2,368,000 | 2,282,385 | ||||||
|
|
|
|||||||
| 3,410,354 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-0.42% |
| |||||||
|
Lumen Technologies, Inc., 5.63%, 04/01/2025(c) |
1,492,000 | 1,485,006 | ||||||
|
|
|
|||||||
|
Electric Utilities-0.37% |
| |||||||
|
DPL, Inc., 4.13%, 07/01/2025 |
1,315,000 | 1,310,016 | ||||||
|
|
|
|||||||
|
Electrical Equipment-0.62% |
| |||||||
|
Sensata Technologies B.V., 5.00%, 10/01/2025(b) |
2,112,000 | 2,186,554 | ||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-0.42% |
| |||||||
|
Likewize Corp., 9.75%, 10/15/2025(b) |
1,415,000 | 1,474,104 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-0.79% |
| |||||||
|
CSI Compressco L.P./CSI Compressco Finance, Inc., 7.50%, 04/01/2025(b) |
1,039,000 | 1,029,649 | ||||||
|
Delek Logistics Partners L.P./Delek Logistics Finance Corp., 6.75%, 05/15/2025 |
744,000 | 745,391 | ||||||
|
Exterran Energy Solutions L.P./EES Finance Corp., 8.13%, 05/01/2025 |
990,000 | 994,950 | ||||||
|
|
|
|||||||
| 2,769,990 | ||||||||
|
|
|
|||||||
|
Entertainment-0.34% |
| |||||||
|
Banijay Entertainment S.A.S.U. (France), 5.38%, 03/01/2025(b) |
1,200,000 | 1,189,200 | ||||||
|
|
|
|||||||
|
Equity REITs-1.55% |
| |||||||
|
iStar, Inc., 4.25%, 08/01/2025(c) |
1,632,000 | 1,620,005 | ||||||
|
MGM Growth Properties Operating Partnership L.P./MGP Finance Co-Issuer, Inc., 4.63%, 06/15/2025(b) |
1,598,000 | 1,648,465 | ||||||
|
VICI Properties L.P./VICI Note Co., Inc., 3.50%, 02/15/2025(b) |
2,182,000 | 2,189,800 | ||||||
|
|
|
|||||||
| 5,458,270 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-0.49% |
| |||||||
|
Rite Aid Corp., 7.50%, |
1,801,000 | 1,732,607 | ||||||
|
|
|
|||||||
|
Food Products-0.45% |
| |||||||
|
Chobani LLC/Chobani Finance Corp., Inc., 7.50%, 04/15/2025(b)(c) |
1,599,000 | 1,593,483 | ||||||
|
|
|
|||||||
|
Gas Utilities-0.59% |
| |||||||
|
AmeriGas Partners L.P./AmeriGas Finance Corp., 5.50%, 05/20/2025 |
2,031,000 | 2,069,376 | ||||||
|
|
|
|||||||
|
Health Care Providers & Services-5.49% |
| |||||||
|
Air Methods Corp., 8.00%, 05/15/2025(b)(c) |
1,421,000 | 1,181,753 | ||||||
|
Akumin, Inc., 7.00%, 11/01/2025(b)(c) |
1,421,000 | 1,242,238 | ||||||
|
Change Healthcare Holdings LLC/Change Healthcare Finance, Inc., 5.75%, 03/01/2025(b)(c) |
4,023,000 | 4,003,891 | ||||||
| Principal Amount |
Value | |||||||
|
Health Care Providers & Services-(continued) |
| |||||||
|
Encompass Health Corp., 5.75%, 09/15/2025(c) |
$ | 1,074,000 | $ | 1,088,692 | ||||
|
Global Medical Response, Inc., 6.50%, 10/01/2025(b)(c) |
1,802,000 | 1,769,987 | ||||||
|
Legacy LifePoint Health LLC, 6.75%, 04/15/2025(b) |
1,785,000 | 1,850,099 | ||||||
|
Prime Healthcare Services, Inc., 7.25%, 11/01/2025(b) |
2,748,000 | 2,813,595 | ||||||
|
RP Escrow Issuer LLC, 5.25%, 12/15/2025(b)(c) |
2,370,000 | 2,319,045 | ||||||
|
Surgery Center Holdings, Inc., 6.75%, 07/01/2025(b)(c) |
1,105,000 | 1,100,580 | ||||||
|
Team Health Holdings, Inc., 6.38%, 02/01/2025(b)(c) |
2,132,000 | 1,933,202 | ||||||
|
|
|
|||||||
| 19,303,082 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-11.71% |
| |||||||
|
Caesars Entertainment, Inc., 6.25%, 07/01/2025(b) |
9,949,000 | 10,323,729 | ||||||
|
Caesars Resort Collection LLC/CRC Finco, Inc., 5.75%, 07/01/2025(b)(c) |
2,963,000 | 3,041,668 | ||||||
|
Constellation Merger Sub, Inc., 8.50%, 09/15/2025(b) |
1,203,000 | 1,139,578 | ||||||
|
Dave & Buster’s, Inc., 7.63%, 11/01/2025(b)(c) |
1,316,000 | 1,379,885 | ||||||
|
International Game Technology PLC, 6.50%, 02/15/2025(b)(c) |
3,200,000 | 3,403,760 | ||||||
|
MGM Resorts International, 5.75%, 06/15/2025(c) |
1,952,000 | 2,025,200 | ||||||
|
Powdr Corp., 6.00%, 08/01/2025(b) |
783,000 | 808,264 | ||||||
|
Sabre GLBL, Inc. |
||||||||
|
9.25%, 04/15/2025(b)(c) |
2,401,000 | 2,710,849 | ||||||
|
7.38%, 09/01/2025(b) |
2,465,000 | 2,557,437 | ||||||
|
Scientific Games International, Inc. |
||||||||
|
8.63%, 07/01/2025(b) |
1,592,000 | 1,689,112 | ||||||
|
5.00%, 10/15/2025(b) |
3,718,000 | 3,759,716 | ||||||
|
Sizzling Platter LLC/Sizzling Platter Finance Corp., 8.50%, 11/28/2025(b) |
1,040,000 | 1,000,953 | ||||||
|
Sugarhouse HSP Gaming Prop Mezz L.P./Sugarhouse HSP Gaming Finance Corp., 5.88%, 05/15/2025(b) |
913,000 | 902,501 | ||||||
|
Travel + Leisure Co., 6.60%, 10/01/2025 |
1,013,000 | 1,082,897 | ||||||
|
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.,
5.50%, |
5,255,000 | 5,335,401 | ||||||
|
|
|
|||||||
| 41,160,950 | ||||||||
|
|
|
|||||||
|
Household Durables-1.55% |
| |||||||
|
American Greetings Corp., 8.75%, 04/15/2025(b) |
832,000 | 841,173 | ||||||
|
Empire Communities Corp. (Canada), 7.00%, 12/15/2025(b) |
1,381,000 | 1,368,571 | ||||||
|
Meritage Homes Corp., 6.00%, 06/01/2025 . |
1,136,000 | 1,211,203 | ||||||
|
New Home Co., Inc. (The), 7.25%, 10/15/2025(b) |
474,000 | 470,962 | ||||||
|
Newell Brands, Inc., 4.88%, 06/01/2025(c) |
1,488,000 | 1,567,801 | ||||||
|
|
|
|||||||
| 5,459,710 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
78 |
||||
|
|
| |||
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Household Products-0.65% |
| |||||||
|
Spectrum Brands, Inc. |
||||||||
|
5.75%, 07/15/2025(c) |
$ | 1,353,000 | $ | 1,378,416 | ||||
|
5.50%, 07/15/2030(b) |
900,000 | 896,891 | ||||||
|
|
|
|||||||
| 2,275,307 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.44% |
| |||||||
|
Brand Industrial Services, Inc., 8.50%, 07/15/2025(b)(c) |
2,934,000 | 2,696,948 | ||||||
|
Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 6.38%, 12/15/2025 |
2,317,000 | 2,351,407 | ||||||
|
|
|
|||||||
| 5,048,355 | ||||||||
|
|
|
|||||||
|
Insurance-1.71% |
| |||||||
|
Acrisure LLC/Acrisure Finance, Inc., 7.00%, 11/15/2025(b) |
2,745,000 | 2,720,487 | ||||||
|
AssuredPartners, Inc., 7.00%, 08/15/2025(b) |
1,500,000 | 1,486,500 | ||||||
|
USI, Inc., 6.88%, 05/01/2025(b)(c) |
1,827,000 | 1,815,326 | ||||||
|
|
|
|||||||
| 6,022,313 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.43% |
| |||||||
|
TripAdvisor, Inc., 7.00%, 07/15/2025(b) |
1,445,000 | 1,497,453 | ||||||
|
|
|
|||||||
|
Machinery-0.25% |
| |||||||
|
Meritor, Inc., 6.25%, 06/01/2025(b) |
835,000 | 869,131 | ||||||
|
|
|
|||||||
|
Media-2.56% |
| |||||||
|
AMC Networks, Inc., |
2,374,000 | 2,372,516 | ||||||
|
Clear Channel International B.V. (United Kingdom), 6.63%, 08/01/2025(b)(c) |
1,230,000 | 1,249,680 | ||||||
|
Houghton Mifflin Harcourt Publishers, Inc., 9.00%, 02/15/2025(b) |
919,000 | 964,909 | ||||||
|
Univision Communications, Inc., 5.13%, 02/15/2025(b) |
4,390,000 | 4,423,909 | ||||||
|
|
|
|||||||
| 9,011,014 | ||||||||
|
|
|
|||||||
|
Mortgage REITs-1.20% |
| |||||||
|
Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp., 5.25%, 10/01/2025(b) |
1,117,000 | 1,121,200 | ||||||
|
New Residential Investment Corp., 6.25%, 10/15/2025(b) |
1,632,000 | 1,598,740 | ||||||
|
Starwood Property Trust, Inc., 4.75%, 03/15/2025 |
1,481,000 | 1,498,160 | ||||||
|
|
|
|||||||
| 4,218,100 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-19.45% |
| |||||||
|
Antero Resources Corp. |
||||||||
|
5.00%, 03/01/2025(c) |
1,591,000 | 1,610,887 | ||||||
|
5.38%, 03/01/2030(b)(c) |
1,740,000 | 1,775,740 | ||||||
|
Apache Corp., 4.63%, 11/15/2025(c) |
1,444,000 | 1,492,497 | ||||||
|
Calumet Specialty Products Partners L.P./Calumet Finance Corp., 11.00%, 04/15/2025(b) |
1,661,000 | 1,751,059 | ||||||
|
CITGO Petroleum Corp., 7.00%, 06/15/2025(b) |
3,397,000 | 3,400,890 | ||||||
|
Comstock Resources, Inc., 7.50%, 05/15/2025(b)(c) |
689,000 | 705,481 | ||||||
|
Crestwood Midstream Partners L.P./ Crestwood Midstream Finance Corp., 5.75%, 04/01/2025 |
1,479,000 | 1,490,144 | ||||||
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
CrownRock L.P./CrownRock Finance, Inc., 5.63%, 10/15/2025(b) |
$ | 3,437,000 | $ | 3,480,186 | ||||
|
CVR Energy, Inc., 5.25%, 02/15/2025(b)(c) |
1,733,000 | 1,679,910 | ||||||
|
DCP Midstream Operating L.P., 5.38%, 07/15/2025 |
2,389,000 | 2,533,057 | ||||||
|
eG Global Finance PLC (United Kingdom), 8.50%, 10/30/2025(b) |
2,000,000 | 2,023,960 | ||||||
|
EnLink Midstream Partners L.P., 4.15%, 06/01/2025 |
2,089,000 | 2,094,379 | ||||||
|
EQM Midstream Partners L.P., 6.00%, 07/01/2025(b) |
2,083,000 | 2,127,399 | ||||||
|
Genesis Energy L.P./Genesis Energy Finance Corp., 6.50%, 10/01/2025 |
1,585,000 | 1,547,000 | ||||||
|
Laredo Petroleum, Inc., 9.50%, 01/15/2025. |
1,704,000 | 1,756,185 | ||||||
|
Martin Midstream Partners L.P./Martin Midstream Finance Corp., 11.50%, 02/28/2025(b) |
844,000 | 871,135 | ||||||
|
MEG Energy Corp. (Canada), 6.50%, 01/15/2025(b) |
1,563,000 | 1,589,274 | ||||||
|
Murphy Oil Corp., 5.75%, 08/15/2025(c) |
1,659,000 | 1,692,163 | ||||||
|
Neptune Energy Bondco PLC (United Kingdom), 6.63%, 05/15/2025(b)(c) |
2,600,000 | 2,628,600 | ||||||
|
New Fortress Energy, Inc., 6.75%, 09/15/2025(b) |
3,680,000 | 3,544,447 | ||||||
|
NGL Energy Partners L.P./NGL Energy Finance Corp., 6.13%, 03/01/2025 |
1,160,000 | 1,005,308 | ||||||
|
NuStar Logistics L.P., 5.75%, 10/01/2025 |
1,782,000 | 1,857,886 | ||||||
|
Occidental Petroleum Corp. |
||||||||
|
3.50%, 06/15/2025(c) |
1,404,000 | 1,435,541 | ||||||
|
8.00%, 07/15/2025 |
1,481,000 | 1,677,455 | ||||||
|
5.88%, 09/01/2025 |
2,666,000 | 2,862,857 | ||||||
|
5.50%, 12/01/2025(c) |
2,172,000 | 2,336,931 | ||||||
|
Par Petroleum LLC/Par Petroleum Finance Corp., 7.75%, 12/15/2025(b) |
914,000 | 924,479 | ||||||
|
PBF Holding Co. LLC/PBF Finance Corp., 7.25%, 06/15/2025(c) |
2,000,000 | 1,683,630 | ||||||
|
Range Resources Corp., 4.88%, 05/15/2025(c) |
2,223,000 | 2,254,533 | ||||||
|
SM Energy Co., 5.63%, 06/01/2025 |
1,012,000 | 1,008,291 | ||||||
|
Southwestern Energy Co. |
||||||||
|
5.95%, 01/23/2025(c) |
1,672,000 | 1,745,033 | ||||||
|
5.38%, 03/15/2030(c) |
3,550,000 | 3,667,931 | ||||||
|
Targa Resources Partners L.P./Targa Resources Partners Finance Corp., 5.50%, 03/01/2030 |
2,817,000 | 2,991,598 | ||||||
|
Vermilion Energy, Inc. (Canada), 5.63%, 03/15/2025(b)(c) |
882,000 | 893,435 | ||||||
|
Western Midstream Operating L.P., 3.60%, 02/01/2025 |
2,222,000 | 2,234,343 | ||||||
|
|
|
|||||||
| 68,373,644 | ||||||||
|
|
|
|||||||
|
Paper & Forest Products-0.26% |
| |||||||
|
Clearwater Paper Corp., 5.38%, 02/01/2025(b) |
895,000 | 926,634 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
79 |
||||
|
|
| |||
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Pharmaceuticals-3.95% |
| |||||||
|
Bausch Health Cos., Inc. |
||||||||
|
6.13%, 04/15/2025(b) |
$ | 7,300,000 | $ | 7,341,062 | ||||
|
5.50%, 11/01/2025(b) |
5,198,000 | 5,217,493 | ||||||
|
P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/2025(b) |
1,385,000 | 1,325,126 | ||||||
|
|
|
|||||||
| 13,883,681 | ||||||||
|
|
|
|||||||
|
Professional Services-0.43% |
| |||||||
|
Nielsen Co. (Luxembourg) S.a.r.l. (The), 5.00%, 02/01/2025(b)(c) |
1,511,000 | 1,524,335 | ||||||
|
|
|
|||||||
|
Real Estate Management & Development-1.96% |
| |||||||
|
Five Point Operating Co. L.P./Five Point Capital Corp., 7.88%, 11/15/2025(b)(c) |
1,902,000 | 1,942,427 | ||||||
|
Greystar Real Estate Partners LLC, 5.75%, 12/01/2025(b) |
1,756,000 | 1,781,005 | ||||||
|
WeWork Cos. LLC/WW Co-Obligor, Inc., 5.00%, 07/10/2025(b) |
1,630,000 | 1,372,264 | ||||||
|
WeWork Cos., Inc., 7.88%, 05/01/2025(b) |
1,986,000 | 1,800,935 | ||||||
|
|
|
|||||||
| 6,896,631 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-0.38% |
| |||||||
|
ams AG (Austria), 7.00%, 07/31/2025(b)(c) |
1,300,000 | 1,348,828 | ||||||
|
|
|
|||||||
|
Software-1.89% |
| |||||||
|
PTC, Inc., 3.63%, 02/15/2025(b)(c) |
1,482,000 | 1,481,511 | ||||||
|
Veritas US, Inc./Veritas Bermuda Ltd., 7.50%, 09/01/2025(b) |
5,196,000 | 5,145,599 | ||||||
|
|
|
|||||||
| 6,627,110 | ||||||||
|
|
|
|||||||
|
Specialty Retail-2.22% |
| |||||||
|
Bath & Body Works, Inc., 6.63%, 10/01/2030(b) |
2,897,000 | 3,139,682 | ||||||
|
Carvana Co., 5.63%, 10/01/2025(b)(c) |
1,516,000 | 1,441,716 | ||||||
|
Lithia Motors, Inc., 4.38%, 01/15/2031(b)(c) |
1,590,000 | 1,604,532 | ||||||
|
Penske Automotive Group, Inc., 3.50%, 09/01/2025(c) |
1,632,000 | 1,617,785 | ||||||
|
|
|
|||||||
| 7,803,715 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-0.65% |
| |||||||
|
Xerox Holdings Corp., 5.00%, 08/15/2025(b)(c) |
2,224,000 | 2,268,480 | ||||||
|
|
|
|||||||
|
Thrifts & Mortgage Finance-1.46% |
| |||||||
|
Enact Holdings, Inc., 6.50%, 08/15/2025(b) |
2,224,000 | 2,304,509 | ||||||
| Principal Amount |
Value | |||||||
|
Thrifts & Mortgage Finance-(continued) |
| |||||||
|
PennyMac Financial Services, Inc., 5.38%, 10/15/2025(b)(c) |
$ | 1,933,000 | $ | 1,925,510 | ||||
|
Provident Funding Associates L.P./PFG Finance Corp., 6.38%, 06/15/2025(b) |
911,000 | 906,162 | ||||||
|
|
|
|||||||
| 5,136,181 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.32% |
| |||||||
|
Boise Cascade Co., 4.88%, 07/01/2030(b) |
1,125,000 | 1,130,850 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-1.41% |
| |||||||
|
Sprint Corp., 7.63%, 02/15/2025 |
4,457,000 | 4,941,699 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
343,113,935 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.77% |
|
|||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, |
2,704,378 | 2,704,378 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES (excluding investments
purchased with cash collateral from securities on loan)-98.37% |
|
345,818,313 | ||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-23.52% |
|
|||||||
|
Invesco Private Government Fund, |
25,213,687 | 25,213,687 | ||||||
|
Invesco Private Prime Fund, |
57,468,190 | 57,473,938 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
82,687,625 | |||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-121.89% |
428,505,938 | |||||||
|
OTHER ASSETS LESS LIABILITIES-(21.89)% |
|
(76,951,419 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 351,554,519 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
80 |
||||
|
|
| |||
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $240,333,254, which represented 68.36% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 9,295,397 | $ | 52,772,641 | $ | (59,363,660 | ) | $ | - | $ | - | $ | 2,704,378 | $ | 707 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
19,771,183 | 46,290,710 | (40,848,206 | ) | - | - | 25,213,687 | 2,952 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
46,132,760 | 81,900,878 | (70,544,008 | ) | (7,225 | ) | (8,467 | ) | 57,473,938 | 25,636 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 75,199,340 | $ | 180,964,229 | $ | (170,755,874 | ) | $ | (7,225 | ) | $ | (8,467 | ) | $ | 85,392,003 | $ | 29,295 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (f) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Consumer Discretionary |
21.48 | |||||
|
Energy |
20.24 | |||||
|
Industrials |
15.07 | |||||
|
Health Care |
9.44 | |||||
|
Financials |
8.08 | |||||
|
Materials |
7.05 | |||||
|
Communication Services |
5.16 | |||||
|
Information Technology |
5.02 | |||||
|
Real Estate |
3.51 | |||||
|
Sector Types Each Less Than 3% |
2.55 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
2.40 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
81 |
||||
|
|
| |||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-96.21% |
| |||||||
|
Aerospace & Defense-2.13% |
||||||||
|
Bombardier, Inc. (Canada), 7.13%, 06/15/2026(b) |
$ | 1,890,000 | $ | 1,889,584 | ||||
|
Brundage-Bone Concrete Pumping Holdings, Inc., 6.00%, 02/01/2026(b) |
590,000 | 584,135 | ||||||
|
TransDigm, Inc., 6.38%, 06/15/2026 |
1,446,000 | 1,475,853 | ||||||
|
|
|
|||||||
| 3,949,572 | ||||||||
|
|
|
|||||||
|
Airlines-2.71% |
||||||||
|
Air Canada (Canada), 3.88%, 08/15/2026(b) |
1,920,000 | 1,869,859 | ||||||
|
United Airlines, Inc., 4.38%, 04/15/2026(b) |
3,150,000 | 3,155,544 | ||||||
|
|
|
|||||||
| 5,025,403 | ||||||||
|
|
|
|||||||
|
Auto Components-0.43% |
||||||||
|
Tenneco, Inc., 5.00%, 07/15/2026(c) |
788,000 | 787,106 | ||||||
|
|
|
|||||||
|
Automobiles-4.55% |
||||||||
|
Ford Motor Co., 4.35%, 12/08/2026 |
2,365,000 | 2,421,169 | ||||||
|
Ford Motor Credit Co. LLC |
||||||||
|
4.39%, 01/08/2026 |
1,840,000 | 1,879,247 | ||||||
|
2.70%, 08/10/2026 |
2,300,000 | 2,205,125 | ||||||
|
J.B. Poindexter & Co., Inc., 7.13%, 04/15/2026(b) |
897,000 | 931,983 | ||||||
|
Mclaren Finance PLC (United Kingdom), 7.50%, 08/01/2026(b)(c) |
1,000,000 | 997,650 | ||||||
|
|
|
|||||||
| 8,435,174 | ||||||||
|
|
|
|||||||
|
Banks-0.49% |
||||||||
|
Freedom Mortgage Corp., 7.63%, 05/01/2026(b)(c) |
950,000 | 913,786 | ||||||
|
|
|
|||||||
|
Chemicals-2.50% |
||||||||
|
Consolidated Energy Finance S.A. (Switzerland),
6.50%, |
700,000 | 700,161 | ||||||
|
INEOS Quattro Finance 2 PLC (United Kingdom), 3.38%, 01/15/2026(b)(c) |
720,000 | 688,410 | ||||||
|
Ingevity Corp., 4.50%, 02/01/2026(b) |
445,000 | 437,760 | ||||||
|
Polar US Borrower LLC/Schenectady International Group, Inc., 6.75%, 05/15/2026(b) |
480,000 | 437,594 | ||||||
|
Rayonier A.M. Products, Inc., 7.63%, 01/15/2026(b) |
760,000 | 761,429 | ||||||
|
SCIL IV LLC/SCIL USA Holdings LLC, 5.38%, 11/01/2026(b)(c) |
1,200,000 | 1,199,760 | ||||||
|
Scotts Miracle-Gro Co. (The), 5.25%, 12/15/2026 |
393,000 | 402,287 | ||||||
|
|
|
|||||||
| 4,627,401 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-2.74% |
| |||||||
|
Cimpress PLC (Ireland), 7.00%, 06/15/2026(b) |
900,000 | 892,125 | ||||||
|
CoreCivic, Inc., 8.25%, 04/15/2026 |
1,060,000 | 1,077,909 | ||||||
|
CPI CG, Inc., 8.63%, 03/15/2026(b)(c) |
500,000 | 476,417 | ||||||
|
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/2026 |
645,000 | 661,725 | ||||||
|
GEO Group, Inc. (The), 6.00%, 04/15/2026 . |
550,000 | 454,655 | ||||||
| Principal Amount |
Value | |||||||
|
Commercial Services & Supplies-(continued) |
| |||||||
|
GFL Environmental, Inc. (Canada), 5.13%, 12/15/2026(b)(c) |
$ | 741,000 | $ | 757,443 | ||||
|
Waste Pro USA, Inc., 5.50%, 02/15/2026(b)(c) |
801,000 | 756,144 | ||||||
|
|
|
|||||||
| 5,076,418 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.66% |
||||||||
|
Hughes Satellite Systems Corp., 6.63%, 08/01/2026(c) |
1,179,000 | 1,229,461 | ||||||
|
|
|
|||||||
|
Construction & Engineering-0.29% |
||||||||
|
INNOVATE Corp., 8.50%, 02/01/2026(b) |
530,000 | 527,928 | ||||||
|
|
|
|||||||
|
Consumer Finance-3.16% |
||||||||
|
goeasy Ltd. (Canada), 4.38%, 05/01/2026(b)(c) |
515,000 | 506,281 | ||||||
|
LFS Topco LLC, 5.88%, |
500,000 | 500,045 | ||||||
|
Navient Corp., 6.75%, 06/15/2026(c) |
785,000 | 815,423 | ||||||
|
OneMain Finance Corp., 7.13%, 03/15/2026 |
2,602,000 | 2,823,782 | ||||||
|
SLM Corp., 3.13%, 11/02/2026(c) |
790,000 | 758,293 | ||||||
|
World Acceptance Corp., 7.00%, 11/01/2026(b) |
470,000 | 444,528 | ||||||
|
|
|
|||||||
| 5,848,352 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-2.06% |
||||||||
|
Ball Corp., 4.88%, 03/15/2026(c) |
1,206,000 | 1,261,247 | ||||||
|
Crown Cork & Seal Co., Inc., 7.38%, 12/15/2026 |
556,000 | 627,855 | ||||||
|
Flex Acquisition Co., Inc., 7.88%, 07/15/2026(b) |
797,000 | 822,703 | ||||||
|
LABL, Inc., 6.75%, 07/15/2026(b)(c) |
1,108,000 | 1,112,083 | ||||||
|
|
|
|||||||
| 3,823,888 | ||||||||
|
|
|
|||||||
|
Distributors-1.23% |
||||||||
|
Ferrellgas L.P./Ferrellgas Finance Corp., 5.38%, 04/01/2026(b) |
1,020,000 | 954,995 | ||||||
|
Wolverine Escrow LLC, 9.00%, 11/15/2026(b)(c) |
1,316,000 | 1,318,171 | ||||||
|
|
|
|||||||
| 2,273,166 | ||||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.33% |
|
|||||||
|
Graham Holdings Co., 5.75%, 06/01/2026(b) |
587,000 | 604,281 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-1.02% |
||||||||
|
Albion Financing 1 S.a.r.l/Aggreko Holdings, Inc. (Luxembourg), 6.13%, 10/15/2026(b) |
850,000 | 825,605 | ||||||
|
Jefferson Capital Holdings LLC, 6.00%, 08/15/2026(b) |
460,000 | 443,435 | ||||||
|
PHH Mortgage Corp., 7.88%, 03/15/2026(b)(c) |
640,000 | 624,192 | ||||||
|
|
|
|||||||
| 1,893,232 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-4.92% |
|
|||||||
|
Cogent Communications Group, Inc., 3.50%, 05/01/2026(b) |
790,000 | 765,277 | ||||||
|
Connect Finco S.a.r.l./Connect US Finco LLC (United Kingdom), 6.75%, 10/01/2026(b) |
3,290,000 | 3,334,415 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
82 |
||||
|
|
| |||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Diversified Telecommunication Services-(continued) |
|
|||||||
|
Iliad Holding S.A.S. (France), 6.50%, 10/15/2026(b) |
$ | 1,900,000 | $ | 1,892,828 | ||||
|
Lumen Technologies, Inc., 5.13%, 12/15/2026(b)(c) |
2,001,000 | 1,860,930 | ||||||
|
Radiate Holdco LLC/Radiate Finance, Inc., 4.50%, 09/15/2026(b)(c) |
1,320,000 | 1,262,804 | ||||||
|
|
|
|||||||
| 9,116,254 | ||||||||
|
|
|
|||||||
|
Electric Utilities-0.43% |
||||||||
|
NextEra Energy Operating Partners L.P., 3.88%, 10/15/2026(b) |
803,000 | 794,705 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-2.65% |
|
|||||||
|
Energy Ventures Gom LLC/EnVen Finance Corp., 11.75%, 04/15/2026(b) |
454,000 | 464,111 | ||||||
|
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/2026(b)(c) |
3,302,000 | 3,319,501 | ||||||
|
Precision Drilling Corp. (Canada), 7.13%, 01/15/2026(b)(c) |
559,000 | 566,376 | ||||||
|
Welltec International ApS (Denmark), 8.25%, 10/15/2026(b) |
550,000 | 563,653 | ||||||
|
|
|
|||||||
| 4,913,641 | ||||||||
|
|
|
|||||||
|
Entertainment-0.61% |
||||||||
|
Cinemark USA, Inc., 5.88%, 03/15/2026(b)(c) |
650,000 | 640,900 | ||||||
|
Live Nation Entertainment, Inc., 5.63%, 03/15/2026(b) |
477,000 | 485,872 | ||||||
|
|
|
|||||||
| 1,126,772 | ||||||||
|
|
|
|||||||
|
Equity REITs-2.94% |
||||||||
|
HAT Holdings I LLC/HAT Holdings II LLC, 3.38%, 06/15/2026(b)(c) |
1,530,000 | 1,452,398 | ||||||
|
iStar, Inc., 5.50%, 02/15/2026 |
643,000 | 658,882 | ||||||
|
MGM Growth Properties Operating |
||||||||
|
Partnership L.P./MGP Finance Co-Issuer, Inc., 4.50%, 09/01/2026 |
476,000 | 486,151 | ||||||
|
RLJ Lodging Trust L.P., 3.75%, 07/01/2026(b) |
740,000 | 721,722 | ||||||
|
VICI Properties L.P./VICI Note Co., Inc., 4.25%, 12/01/2026(b) |
2,097,000 | 2,120,329 | ||||||
|
|
|
|||||||
| 5,439,482 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.68% |
||||||||
|
Albertson’s Cos., Inc./Safeway, Inc./New Albertson’s L.P./Albertson’s LLC, 3.25%, 03/15/2026(b)(c) |
1,186,000 | 1,143,304 | ||||||
|
Rite Aid Corp., |
1,335,000 | 1,270,860 | ||||||
|
Sigma Holdco B.V. (Netherlands), 7.88%, 05/15/2026(b)(c) |
800,000 | 705,308 | ||||||
|
|
|
|||||||
| 3,119,472 | ||||||||
|
|
|
|||||||
|
Food Products-0.56% |
||||||||
|
FAGE International S.A./FAGE USA Dairy Industry, Inc. (Luxembourg), 5.63%, 08/15/2026(b) |
500,000 | 506,818 | ||||||
|
H-Food Holdings LLC/Hearthside Finance Co., Inc., 8.50%, 06/01/2026(b) |
550,000 | 538,524 | ||||||
|
|
|
|||||||
| 1,045,342 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Gas Utilities-1.04% |
||||||||
|
AmeriGas Partners L.P./AmeriGas Finance Corp., 5.88%, 08/20/2026 |
$ | 1,098,000 | $ | 1,119,960 | ||||
|
Crescent Energy Finance LLC, 7.25%, 05/01/2026(b) |
800,000 | 799,448 | ||||||
|
|
|
|||||||
| 1,919,408 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-2.48% |
| |||||||
|
Hadrian Merger Sub, Inc., 8.50%, 05/01/2026(b) |
490,000 | 495,686 | ||||||
|
Tenet Healthcare Corp., 4.88%, 01/01/2026(b) |
3,315,000 | 3,327,730 | ||||||
|
US Acute Care Solutions LLC, 6.38%, 03/01/2026(b) |
785,000 | 772,047 | ||||||
|
|
|
|||||||
| 4,595,463 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-5.95% |
|
|||||||
|
CCM Merger, Inc., 6.38%, 05/01/2026(b) |
440,000 | 450,523 | ||||||
|
CEC Entertainment LLC, 6.75%, 05/01/2026(b) |
1,040,000 | 991,442 | ||||||
|
Empire Resorts, Inc., 7.75%, 11/01/2026(b)(c) |
560,000 | 559,681 | ||||||
|
International Game Technology PLC, 4.13%, 04/15/2026(b)(c) |
1,230,000 | 1,213,075 | ||||||
|
IRB Holding Corp., 6.75%, 02/15/2026(b) |
779,000 | 785,621 | ||||||
|
Life Time, Inc. |
||||||||
|
5.75%, 01/15/2026(b) |
1,460,000 | 1,454,196 | ||||||
|
8.00%, 04/15/2026(b) |
744,000 | 743,539 | ||||||
|
Merlin Entertainments Ltd. (United Kingdom), 5.75%, 06/15/2026(b) |
600,000 | 623,136 | ||||||
|
MGM Resorts International, 4.63%, 09/01/2026 |
637,000 | 636,191 | ||||||
|
Mohegan Gaming & Entertainment, 8.00%, 02/01/2026(b) |
1,900,000 | 1,921,280 | ||||||
|
Raptor Acquisition Corp./Raptor Co-Issuer LLC (Canada), 4.88%, 11/01/2026(b)(c) |
560,000 | 541,632 | ||||||
|
Travel + Leisure Co., 6.63%, 07/31/2026(b) |
1,030,000 | 1,100,988 | ||||||
|
|
|
|||||||
| 11,021,304 | ||||||||
|
|
|
|||||||
|
Household Durables-2.48% |
||||||||
|
Newell Brands, Inc., 4.70%, 04/01/2026 |
3,132,000 | 3,245,692 | ||||||
|
WASH Multifamily Acquisition, Inc., 5.75%, 04/15/2026(b) |
1,340,000 | 1,352,053 | ||||||
|
|
|
|||||||
| 4,597,745 | ||||||||
|
|
|
|||||||
|
Household Products-0.37% |
||||||||
|
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc. (Canada), 5.00%, 12/31/2026(b) |
750,000 | 677,730 | ||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-0.70% |
| |||||||
|
Calpine Corp., 5.25%, 06/01/2026(b) |
718,000 | 726,024 | ||||||
|
Sunnova Energy Corp., 5.88%, 09/01/2026(b)(c) |
630,000 | 577,669 | ||||||
|
|
|
|||||||
| 1,303,693 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.09% |
||||||||
|
Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 6.25%, 05/15/2026 |
1,998,000 | 2,015,153 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
83 |
||||
|
|
| |||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Insurance-1.43% |
||||||||
|
HUB International Ltd., 7.00%, 05/01/2026(b) |
$ | 2,631,000 | $ | 2,651,259 | ||||
|
|
|
|||||||
|
Interactive Media & Services-1.02% |
|
|||||||
|
Cumulus Media New Holdings, Inc., 6.75%, 07/01/2026(b)(c) |
660,000 | 672,217 | ||||||
|
Millennium Escrow Corp., 6.63%, 08/01/2026(b) |
1,260,000 | 1,220,562 | ||||||
|
|
|
|||||||
| 1,892,779 | ||||||||
|
|
|
|||||||
|
IT Services-1.66% |
||||||||
|
Block, Inc., 2.75%, 06/01/2026(b)(c) |
1,600,000 | 1,554,088 | ||||||
|
MoneyGram International, Inc., 5.38%, 08/01/2026(b)(c) |
700,000 | 731,675 | ||||||
|
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc., 4.63%, 11/01/2026(b)(c) |
797,000 | 793,182 | ||||||
|
|
|
|||||||
| 3,078,945 | ||||||||
|
|
|
|||||||
|
Leisure Products-1.14% |
||||||||
|
Mattel, Inc., 3.38%, 04/01/2026(b)(c) |
920,000 | 914,876 | ||||||
|
Party City Holdings, Inc., 8.75%, 02/15/2026(b)(c) |
1,200,000 | 1,203,000 | ||||||
|
|
|
|||||||
| 2,117,876 | ||||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-1.36% |
|
|||||||
|
IQVIA, Inc., 5.00%, 10/15/2026(b) |
1,700,000 | 1,738,267 | ||||||
|
PRA Health Sciences, Inc., 2.88%, 07/15/2026(b) |
800,000 | 776,240 | ||||||
|
|
|
|||||||
| 2,514,507 | ||||||||
|
|
|
|||||||
|
Machinery-1.07% |
||||||||
|
Ritchie Bros. Holdings, Inc. (Canada), 4.75%, 12/15/2031(b) |
960,000 | 955,339 | ||||||
|
Titan Acquisition Ltd./Titan Co-Borrower LLC (Canada), 7.75%, 04/15/2026(b)(c) |
1,045,000 | 1,025,918 | ||||||
|
|
|
|||||||
| 1,981,257 | ||||||||
|
|
|
|||||||
|
Media-7.37% |
||||||||
|
Beasley Mezzanine Holdings LLC, 8.63%, 02/01/2026(b)(c) |
480,000 | 466,495 | ||||||
|
DISH DBS Corp. |
||||||||
|
7.75%, 07/01/2026(c) |
3,200,000 | 3,244,304 | ||||||
|
5.25%, 12/01/2026(b) |
4,400,000 | 4,321,625 | ||||||
|
Gannett Holdings LLC, 6.00%, 11/01/2026(b)(c) |
700,000 | 695,940 | ||||||
|
Gray Television, Inc., 5.88%, 07/15/2026(b) |
1,199,000 | 1,227,434 | ||||||
|
Sinclair Television Group, Inc., 5.88%, 03/15/2026(b)(c) |
543,000 | 536,756 | ||||||
|
Sirius XM Radio, Inc., 3.13%, 09/01/2026(b)(c) |
1,580,000 | 1,511,049 | ||||||
|
Spanish Broadcasting System, Inc., 9.75%, 03/01/2026(b)(c) |
485,000 | 495,607 | ||||||
|
Summer BC Bidco LLC, 5.50%, 10/31/2026(b) |
600,000 | 579,771 | ||||||
|
Telesat Canada/Telesat LLC (Canada), 5.63%, 12/06/2026(b) |
790,000 | 582,147 | ||||||
|
|
|
|||||||
| 13,661,128 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Metals & Mining-2.02% |
||||||||
|
Baffinland Iron Mines Corp./Baffinland Iron Mines L.P. (Canada), 8.75%, 07/15/2026(b) |
$ | 922,000 | $ | 947,300 | ||||
|
Constellium SE, 5.88%, |
595,000 | 603,041 | ||||||
|
JW Aluminum Continuous Cast Co., 10.25%, 06/01/2026(b) |
409,000 | 427,534 | ||||||
|
Novelis Corp., 3.25%, 11/15/2026(b)(c) |
1,200,000 | 1,140,276 | ||||||
|
Taseko Mines Ltd. (Canada), 7.00%, 02/15/2026(b)(c) |
630,000 | 630,721 | ||||||
|
|
|
|||||||
| 3,748,872 | ||||||||
|
|
|
|||||||
|
Mortgage REITs-0.33% |
||||||||
|
Starwood Property Trust, Inc., 3.63%, 07/15/2026(b) |
640,000 | 606,701 | ||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-15.03% |
|
|||||||
|
Athabasca Oil Corp. (Canada), 9.75%, 11/01/2026(b)(c) |
530,000 | 554,966 | ||||||
|
Berry Petroleum Co. LLC, 7.00%, 02/15/2026(b) |
699,000 | 689,305 | ||||||
|
Blue Racer Midstream LLC/Blue Racer Finance Corp., 6.63%, 07/15/2026(b) |
406,000 | 419,566 | ||||||
|
Buckeye Partners L.P., 3.95%, 12/01/2026 . |
963,000 | 930,778 | ||||||
|
California Resources Corp., 7.13%, 02/01/2026(b)(c) |
950,000 | 989,102 | ||||||
|
Callon Petroleum Co., 6.38%, 07/01/2026 |
510,000 | 495,215 | ||||||
|
Centennial Resource Production LLC, 5.38%, 01/15/2026(b)(c) |
460,000 | 444,365 | ||||||
|
CITGO Petroleum Corp., 6.38%, 06/15/2026(b) |
1,040,000 | 1,034,951 | ||||||
|
Civitas Resources, Inc., 5.00%, 10/15/2026(b) |
640,000 | 631,520 | ||||||
|
EnLink Midstream Partners L.P., 4.85%, 07/15/2026 |
805,000 | 816,053 | ||||||
|
EQM Midstream Partners L.P., 4.13%, 12/01/2026 |
790,000 | 755,805 | ||||||
|
EQT Corp., 3.13%, 05/15/2026(b) |
800,000 | 787,760 | ||||||
|
Genesis Energy L.P./Genesis Energy Finance Corp., 6.25%, 05/15/2026 |
569,000 | 548,209 | ||||||
|
Harbour Energy PLC (United Kingdom), 5.50%, 10/15/2026(b) |
800,000 | 790,848 | ||||||
|
Ithaca Energy North Sea PLC (United Kingdom), 9.00%, 07/15/2026(b) |
1,000,000 | 1,009,385 | ||||||
|
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/2026(b) |
594,000 | 606,608 | ||||||
|
Moss Creek Resources Holdings, Inc., 7.50%, 01/15/2026(b) |
1,100,000 | 975,496 | ||||||
|
New Fortress Energy, Inc., 6.50%, 09/30/2026(b) |
2,400,000 | 2,300,844 | ||||||
|
Northriver Midstream Finance L.P. (Canada), 5.63%, 02/15/2026(b)(c) |
840,000 | 845,195 | ||||||
|
Oasis Petroleum, Inc., 6.38%, 06/01/2026(b) |
635,000 | 646,820 | ||||||
|
Occidental Petroleum Corp. |
||||||||
|
5.55%, 03/15/2026 |
1,702,000 | 1,828,008 | ||||||
|
3.40%, 04/15/2026 |
1,232,000 | 1,233,620 | ||||||
|
PDC Energy, Inc., 5.75%, 05/15/2026(c) |
1,187,000 | 1,206,336 | ||||||
|
Penn Virginia Holdings LLC, 9.25%, 08/15/2026(b) |
630,000 | 643,387 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
84 |
||||
|
|
| |||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Oil, Gas & Consumable Fuels-(continued) |
| |||||||
|
SM Energy Co., 6.75%, 09/15/2026 |
$ | 700,000 | $ | 707,889 | ||||
|
Strathcona Resources Ltd. (Canada), 6.88%, 08/01/2026(b) |
790,000 | 765,842 | ||||||
|
Summit Midstream Holdings LLC/Summit Midstream Finance Corp., 8.50%, 10/15/2026(b) |
1,200,000 | 1,193,670 | ||||||
|
Talos Production, Inc., 12.00%, 01/15/2026 |
1,035,000 | 1,095,439 | ||||||
|
Tap Rock Resources LLC, 7.00%, 10/01/2026(b) |
800,000 | 805,820 | ||||||
|
Targa Resources Partners L.P./Targa |
||||||||
|
Resources Partners Finance Corp., 4.88%, 02/01/2031 |
1,600,000 | 1,650,624 | ||||||
|
TransMontaigne Partners L.P./TLP Finance Corp., 6.13%, 02/15/2026 |
445,000 | 433,982 | ||||||
|
|
|
|||||||
| 27,837,408 | ||||||||
|
|
|
|||||||
|
Paper & Forest Products-0.26% |
||||||||
|
Mercer International, Inc. (Germany), 5.50%, 01/15/2026(c) |
476,000 | 477,799 | ||||||
|
|
|
|||||||
|
Personal Products-1.24% |
||||||||
|
Coty, Inc. 5.00%, 04/15/2026(b) |
1,420,000 | 1,418,069 | ||||||
|
6.50%, 04/15/2026(b)(c) |
870,000 | 885,112 | ||||||
|
|
|
|||||||
| 2,303,181 | ||||||||
|
|
|
|||||||
|
Real Estate Management & Development-0.33% |
| |||||||
|
Forestar Group, Inc., 3.85%, 05/15/2026(b)(c) |
640,000 | 607,197 | ||||||
|
|
|
|||||||
|
Road & Rail-0.41% |
||||||||
|
Hertz Corp. (The), 4.63%, 12/01/2026(b) |
790,000 | 753,316 | ||||||
|
|
|
|||||||
|
Software-1.73% |
||||||||
|
ACI Worldwide, Inc., 5.75%, 08/15/2026(b) |
642,000 | 665,369 | ||||||
|
Boxer Parent Co., Inc., 9.13%, 03/01/2026(b) |
600,000 | 623,100 | ||||||
|
Consensus Cloud Solutions, Inc., 6.00%, 10/15/2026(b) |
490,000 | 489,451 | ||||||
|
Fair Isaac Corp., 5.25%, 05/15/2026(b) |
632,000 | 671,478 | ||||||
|
Nuance Communications, Inc., 5.63%, 12/15/2026 |
733,000 | 754,143 | ||||||
|
|
|
|||||||
| 3,203,541 | ||||||||
|
|
|
|||||||
|
Specialty Retail-1.36% |
||||||||
|
LSF9 Atlantis Holdings LLC/Victra Finance Corp., 7.75%, 02/15/2026(b) |
1,400,000 | 1,350,153 | ||||||
|
Specialty Building Products Holdings LLC/ SBP Finance Corp., 6.38%, 09/30/2026(b) |
1,160,000 | 1,170,237 | ||||||
|
|
|
|||||||
| 2,520,390 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-1.10% |
| |||||||
|
Vericast Corp., 11.00%, 09/15/2026(b)(c) |
2,000,000 | 2,045,000 | ||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-1.27% |
| |||||||
|
Hanesbrands, Inc., 4.88%, 05/15/2026(b)(c) . |
1,389,000 | 1,416,176 | ||||||
|
Under Armour, Inc., 3.25%, 06/15/2026(c) |
944,000 | 937,581 | ||||||
|
|
|
|||||||
| 2,353,757 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
|
|
|||||||
|
Thrifts & Mortgage Finance-1.31% |
||||||||
|
Home Point Capital, Inc., 5.00%, 02/01/2026(b)(c) |
$ | 870,000 | $ | 719,377 | ||||
|
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 2.88%, 10/15/2026(b)(c) |
1,810,000 | 1,704,368 | ||||||
|
|
|
|||||||
| 2,423,745 | ||||||||
|
|
|
|||||||
|
Tobacco-0.21% |
||||||||
|
Turning Point Brands, Inc., 5.63%, 02/15/2026(b) |
390,000 | 380,716 | ||||||
|
|
|
|||||||
|
Trading Companies & Distributors-0.53% |
| |||||||
|
Alta Equipment Group, Inc., 5.63%, 04/15/2026(b) |
500,000 | 498,018 | ||||||
|
Beacon Roofing Supply, Inc., 4.50%, 11/15/2026(b)(c) |
483,000 | 484,915 | ||||||
|
|
|
|||||||
| 982,933 | ||||||||
|
|
|
|||||||
|
Water Utilities-0.35% |
||||||||
|
Solaris Midstream Holdings LLC, 7.63%, 04/01/2026(b) |
632,000 | 648,536 | ||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-1.48% |
| |||||||
|
Sprint Corp., 7.63%, 03/01/2026 |
2,404,000 | 2,743,445 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds & Notes (Cost $183,526,894) |
178,235,620 | |||||||
|
|
|
|||||||
|
Variable Rate Senior Loan Interests-0.01%(d)(e) |
| |||||||
|
Media-0.01% |
||||||||
|
McClatchy Co. (The), Term Loan, 10.00%, 07/15/2026(f) |
26,628 | 26,533 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.89% |
||||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(g)(h) |
1,648,086 | 1,648,086 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
179,910,239 | ||||||
|
|
|
|||||||
|
Investments Purchased with Cash Collateral from Securities on Loan |
|
|||||||
|
Money Market Funds-21.65% |
|
|||||||
|
Invesco Private Government Fund, 0.12%(g)(h)(i) |
11,714,199 | 11,714,199 | ||||||
|
Invesco Private Prime Fund, |
28,379,873 | 28,382,711 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
40,096,910 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-118.76% |
|
220,007,149 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(18.76)% |
|
(34,749,285 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
|
$ | 185,257,864 | |||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
85 |
||||
|
|
| |||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $131,333,224, which represented 70.89% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three to five years. |
| (e) |
Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (the “1933 Act”) and may be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund’s portfolio generally have variable rates which adjust to a base, such as the London Interbank Offered Rate (“LIBOR”), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank. |
| (f) |
Security valued using significant unobservable inputs (Level 3). See Note 5. |
| (g) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
|
Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 2,830,545 | $ | 23,486,785 | $ | (24,669,244 | ) | $ | - | $ | - | $ | 1,648,086 | $ | 363 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
8,613,013 | 27,892,655 | (24,791,469 | ) | - | - | 11,714,199 | 1,412 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
20,097,030 | 53,260,934 | (44,968,109 | ) | (2,593 | ) | (4,551 | ) | 28,382,711 | 11,838 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 31,540,588 | $ | 104,640,374 | $ | (94,428,822 | ) | $ | (2,593 | ) | $ | (4,551 | ) | $ | 41,744,996 | $ | 13,613 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (h) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (i) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
86 |
||||
|
|
| |||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets) as of February 28, 2022
|
Consumer Discretionary |
18.28 | |||||
|
Energy |
17.68 | |||||
|
Communication Services |
15.16 | |||||
|
Industrials |
11.68 | |||||
|
Financials |
7.74 | |||||
|
Materials |
6.84 | |||||
|
Information Technology |
5.15 | |||||
|
Consumer Staples |
4.06 | |||||
|
Health Care |
3.84 | |||||
|
Real Estate |
3.27 | |||||
|
Utilities |
2.52 | |||||
|
Money Market Funds Plus Other Assets |
3.78 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
87 |
||||
|
|
| |||
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)
February 28, 2022
(Unaudited)
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.63% |
| |||||||
|
Aerospace & Defense-1.82% |
||||||||
|
Moog, Inc., 4.25%, 12/15/2027(b) |
$ | 273,000 | $ | 268,100 | ||||
|
Rolls-Royce PLC (United Kingdom), 5.75%, 10/15/2027(b) |
600,000 | 619,191 | ||||||
|
|
|
|||||||
| 887,291 | ||||||||
|
|
|
|||||||
|
Auto Components-1.66% |
||||||||
|
Avis Budget Car Rental LLC/Avis Budget Finance, Inc. |
||||||||
|
5.75%, 07/15/2027(b)(c) |
223,000 | 225,094 | ||||||
|
5.75%, 07/15/2027(b) |
195,000 | 196,595 | ||||||
|
Goodyear Tire & Rubber Co. (The), 4.88%, 03/15/2027(c) |
385,000 | 385,493 | ||||||
|
|
|
|||||||
| 807,182 | ||||||||
|
|
|
|||||||
|
Automobiles-3.80% |
||||||||
|
Allison Transmission, Inc., 4.75%, 10/01/2027(b) |
215,000 | 214,084 | ||||||
|
Ford Motor Credit Co. LLC |
||||||||
|
4.27%, 01/09/2027 |
425,000 | 428,910 | ||||||
|
4.13%, 08/17/2027(c) |
600,000 | 605,310 | ||||||
|
3.82%, 11/02/2027 |
400,000 | 396,908 | ||||||
|
Jaguar Land Rover Automotive PLC
(United Kingdom), |
220,000 | 202,692 | ||||||
|
|
|
|||||||
| 1,847,904 | ||||||||
|
|
|
|||||||
|
Banks-0.68% |
||||||||
|
Freedom Mortgage Corp., 6.63%, 01/15/2027(b)(c) |
360,000 | 332,793 | ||||||
|
|
|
|||||||
|
Building Products-0.84% |
||||||||
|
Advanced Drainage Systems, Inc., 5.00%, 09/30/2027(b) |
197,000 | 198,720 | ||||||
|
JELD-WEN, Inc., 4.88%, 12/15/2027(b) |
218,000 | 212,287 | ||||||
|
|
|
|||||||
| 411,007 | ||||||||
|
|
|
|||||||
|
Chemicals-3.13% |
||||||||
|
Chemours Co. (The), 5.38%, 05/15/2027(c) |
255,000 | 256,275 | ||||||
|
HB Fuller Co., 4.00%, 02/15/2027 |
165,000 | 165,219 | ||||||
|
Hexion, Inc., 7.88%, 07/15/2027(b) |
233,000 | 245,597 | ||||||
|
Methanex Corp. (Canada), 5.13%, 10/15/2027 |
380,000 | 386,432 | ||||||
|
Olin Corp., 5.13%, 09/15/2027 |
276,000 | 279,789 | ||||||
|
SPCM S.A. (France), 3.13%, 03/15/2027(b) |
200,000 | 189,717 | ||||||
|
|
|
|||||||
| 1,523,029 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-4.71% |
| |||||||
|
Allied Universal Holdco LLC/Allied Universal Finance Corp., 9.75%, 07/15/2027(b) |
572,000 | 598,312 | ||||||
|
Brink’s Co. (The), 4.63%, 10/15/2027(b) |
325,000 | 317,749 | ||||||
|
CoreCivic, Inc., 4.75%, 10/15/2027 |
140,000 | 124,203 | ||||||
|
Garda World Security Corp. (Canada), 4.63%, 02/15/2027(b) |
310,000 | 300,805 | ||||||
|
Harsco Corp., 5.75%, 07/31/2027(b) |
278,000 | 274,168 | ||||||
|
Pitney Bowes, Inc., 6.88%, |
180,000 | 169,754 | ||||||
|
Prime Security Services Borrower LLC/Prime Finance, Inc., 3.38%, 08/31/2027(b)(c) |
545,000 | 504,985 | ||||||
|
|
|
|||||||
| 2,289,976 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Communications Equipment-0.70% |
| |||||||
|
CommScope Technologies LLC, 5.00%, 03/15/2027(b)(c) |
$ | 384,000 | $ | 340,335 | ||||
|
|
|
|||||||
|
Construction & Engineering-1.47% |
| |||||||
|
AECOM, 5.13%, 03/15/2027 |
502,000 | 514,982 | ||||||
|
Howard Midstream Energy Partners LLC, 6.75%, 01/15/2027(b) |
200,000 | 198,768 | ||||||
|
|
|
|||||||
| 713,750 | ||||||||
|
|
|
|||||||
|
Consumer Finance-1.56% |
||||||||
|
Navient Corp., 5.00%, 03/15/2027 |
383,000 | 370,187 | ||||||
|
OneMain Finance Corp., 3.50%, 01/15/2027 |
410,000 | 388,458 | ||||||
|
|
|
|||||||
| 758,645 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-3.07% |
| |||||||
|
Ardagh Packaging Finance PLC/Ardagh |
||||||||
|
Holdings USA, Inc., 5.25%, 08/15/2027(b) . |
650,000 | 618,591 | ||||||
|
Graphic Packaging International LLC, 4.75%, 07/15/2027(b) |
165,000 | 169,409 | ||||||
|
LABL, Inc., 10.50%, 07/15/2027(b) |
348,000 | 357,333 | ||||||
|
Pactiv LLC, 8.38%, 04/15/2027(c) |
110,000 | 116,242 | ||||||
|
Sealed Air Corp., 4.00%, 12/01/2027(b) |
232,000 | 230,066 | ||||||
|
|
|
|||||||
| 1,491,641 | ||||||||
|
|
|
|||||||
|
Distributors-0.69% |
||||||||
|
BCPE Empire Holdings, Inc., 7.63%, 05/01/2027(b)(c) |
350,000 | 333,300 | ||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.86% |
| |||||||
|
Sotheby’s, 7.38%, 10/15/2027(b)(c) |
400,000 | 417,000 | ||||||
|
|
|
|||||||
|
Diversified Financial Services-1.84% |
||||||||
|
Albion Financing 2 S.a.r.l. (Luxembourg), 8.75%, 04/15/2027(b) |
225,000 | 218,550 | ||||||
|
Castlelake Aviation Finance DAC, 5.00%, 04/15/2027(b)(c) |
210,000 | 199,840 | ||||||
|
LPL Holdings, Inc., 4.63%, 11/15/2027(b) |
217,000 | 216,288 | ||||||
|
United Wholesale Mortgage LLC, 5.75%, 06/15/2027(b) |
270,000 | 258,463 | ||||||
|
|
|
|||||||
| 893,141 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-1.98% |
| |||||||
|
Cablevision Lightpath LLC, 3.88%, 09/15/2027(b) |
200,000 | 187,901 | ||||||
|
Zayo Group Holdings, Inc., 4.00%, 03/01/2027(b) |
815,000 | 775,945 | ||||||
|
|
|
|||||||
| 963,846 | ||||||||
|
|
|
|||||||
|
Electric Utilities-3.72% |
||||||||
|
FirstEnergy Corp., Series B, 4.40%, 07/15/2027 |
757,000 | 783,794 | ||||||
|
NextEra Energy Operating Partners L.P., 4.50%, 09/15/2027(b)(c) |
306,000 | 308,030 | ||||||
|
Vistra Operations Co. LLC, 5.00%, 07/31/2027(b)(c) |
713,000 | 719,125 | ||||||
|
|
|
|||||||
| 1,810,949 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.31% |
||||||||
|
EnerSys, 4.38%, 12/15/2027(b) |
150,000 | 149,062 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
88 |
||||
|
|
| |||
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Energy Equipment & Services-2.78% |
| |||||||
|
CGG S.A. (France), 8.75%, 04/01/2027(b)(c) |
$ | 200,000 | $ | 195,378 | ||||
|
Nabors Industries, Inc., 7.38%, 05/15/2027(b) |
380,000 | 392,827 | ||||||
|
Transocean, Inc., 11.50%, 01/30/2027(b) |
350,000 | 350,658 | ||||||
|
USA Compression Partners L.P./USA Compression Finance Corp., 6.88%, 09/01/2027 |
415,000 | 415,867 | ||||||
|
|
|
|||||||
| 1,354,730 | ||||||||
|
|
|
|||||||
|
Entertainment-1.62% |
||||||||
|
Live Nation Entertainment, Inc., 4.75%, 10/15/2027(b)(c) |
523,000 | 514,507 | ||||||
|
Scripps Escrow, Inc., 5.88%, |
278,000 | 276,233 | ||||||
|
|
|
|||||||
| 790,740 | ||||||||
|
|
|
|||||||
|
Equity REITs-3.83% |
||||||||
|
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus
LLC/GGSI Sellco LLC, 4.50%, 04/01/2027, (Acquired 12/14/2021 -
12/27/2021; |
400,000 | 373,696 | ||||||
|
Iron Mountain, Inc., 4.88%, 09/15/2027(b) |
548,000 | 547,501 | ||||||
|
MGM Growth Properties Operating Partnership L.P./MGP Finance Co-Issuer, Inc., 5.75%, 02/01/2027 |
344,000 | 372,619 | ||||||
|
RHP Hotel Properties L.P./RHP Finance Corp., 4.75%, 10/15/2027 |
374,000 | 366,799 | ||||||
|
Service Properties Trust, 5.50%, 12/15/2027(c) |
206,000 | 201,880 | ||||||
|
|
|
|||||||
| 1,862,495 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-2.94% |
| |||||||
|
Albertson’s Cos., Inc./Safeway, Inc./New |
||||||||
|
Albertson’s L.P./Albertson’s LLC, 4.63%, 01/15/2027(b)(c) |
739,000 | 743,159 | ||||||
|
Performance Food Group, Inc., 5.50%, 10/15/2027(b) |
585,000 | 596,015 | ||||||
|
Rite Aid Corp., 7.70%, 02/15/2027(c) |
110,000 | 92,055 | ||||||
|
|
|
|||||||
| 1,431,229 | ||||||||
|
|
|
|||||||
|
Gas Utilities-0.61% |
||||||||
|
AmeriGas Partners L.P./AmeriGas Finance Corp., 5.75%, 05/20/2027 |
291,000 | 294,384 | ||||||
|
|
|
|||||||
|
Health Care Providers & Services-3.65% |
| |||||||
|
Community Health Systems, Inc., 8.00%, 12/15/2027(b) |
385,000 | 406,548 | ||||||
|
Legacy LifePoint Health LLC, 4.38%, 02/15/2027(b) |
305,000 | 289,386 | ||||||
|
Tenet Healthcare Corp., 5.13%, 11/01/2027(b)(c) |
818,000 | 826,098 | ||||||
|
US Renal Care, Inc., 10.63%, 07/15/2027(b) |
257,000 | 256,135 | ||||||
|
|
|
|||||||
| 1,778,167 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-8.61% |
| |||||||
|
Affinity Gaming, 6.88%, 12/15/2027(b) |
300,000 | 295,882 | ||||||
|
Boyd Gaming Corp., 4.75%, 12/01/2027(c) |
552,000 | 553,449 | ||||||
|
Carnival Corp., 5.75%, 03/01/2027(b)(c) |
1,920,000 | 1,869,686 | ||||||
| Principal Amount |
Value | |||||||
|
Hotels, Restaurants & Leisure-(continued) |
| |||||||
|
Cedar Fair L.P./Canada’s Wonderland Co./Magnum Management Corp., 5.38%, 04/15/2027 |
$ | 277,000 | $ | 279,373 | ||||
|
Penn National Gaming, Inc., 5.63%, 01/15/2027(b)(c) |
223,000 | 226,341 | ||||||
|
Six Flags Entertainment Corp., 5.50%, 04/15/2027(b)(c) |
250,000 | 252,422 | ||||||
|
Travel + Leisure Co., Series J, 6.00%, 04/01/2027 |
215,000 | 225,021 | ||||||
|
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 05/15/2027(b)(c) |
493,000 | 488,657 | ||||||
|
|
|
|||||||
| 4,190,831 | ||||||||
|
|
|
|||||||
|
Household Durables-1.65% |
| |||||||
|
Beazer Homes USA, Inc., 5.88%, 10/15/2027(c) |
196,000 | 194,774 | ||||||
|
Mattamy Group Corp. (Canada), 5.25%, 12/15/2027(b) |
276,000 | 277,383 | ||||||
|
Meritage Homes Corp., 5.13%, 06/06/2027 |
155,000 | 161,067 | ||||||
|
Tri Pointe Homes, Inc., 5.25%, 06/01/2027 |
168,000 | 167,640 | ||||||
|
|
|
|||||||
| 800,864 | ||||||||
|
|
|
|||||||
|
Household Products-1.55% |
||||||||
|
Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC, 4.00%, 10/15/2027(b)(c) |
552,000 | 511,398 | ||||||
|
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc. (Canada), 7.00%, 12/31/2027(b)(c) |
290,000 | 242,614 | ||||||
|
|
|
|||||||
| 754,012 | ||||||||
|
|
|
|||||||
|
Industrial Conglomerates-1.64% |
| |||||||
|
Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 5.25%, 05/15/2027 |
801,000 | 796,582 | ||||||
|
|
|
|||||||
|
Insurance-2.23% |
||||||||
|
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer |
||||||||
|
4.25%, 10/15/2027(b) |
381,000 | 368,162 | ||||||
|
6.75%, 10/15/2027(b) |
733,000 | 717,336 | ||||||
|
|
|
|||||||
| 1,085,498 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-3.35% |
| |||||||
|
Match Group Holdings II LLC, 5.00%, 12/15/2027(b) |
246,000 | 246,302 | ||||||
|
Nexstar Media, Inc., 5.63%, 07/15/2027(b) |
983,000 | 1,005,732 | ||||||
|
Twitter, Inc., 3.88%, 12/15/2027(b)(c) |
385,000 | 379,148 | ||||||
|
|
|
|||||||
| 1,631,182 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.36% |
| |||||||
|
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc., 4.75%, 04/30/2027(b) |
190,000 | 176,839 | ||||||
|
|
|
|||||||
|
Machinery-2.49% |
||||||||
|
Granite US Holdings Corp., 11.00%, 10/01/2027(b)(c) |
148,000 | 158,071 | ||||||
|
Park-Ohio Industries, Inc., 6.63%, 04/15/2027(c) |
187,000 | 163,821 | ||||||
|
TK Elevator US Newco, Inc. (Germany), 5.25%, 07/15/2027(b) |
900,000 | 892,094 | ||||||
|
|
|
|||||||
| 1,213,986 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
89 |
||||
|
|
| |||
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Media-3.87% |
||||||||
|
Belo Corp. |
||||||||
|
7.75%, 06/01/2027 |
$ | 110,000 | $ | 124,547 | ||||
|
7.25%, 09/15/2027 |
136,000 | 152,216 | ||||||
|
Clear Channel Worldwide Holdings, Inc., 5.13%, 08/15/2027(b) |
687,000 | 687,206 | ||||||
|
Sinclair Television Group, Inc., 5.13%, 02/15/2027(b) |
215,000 | 195,895 | ||||||
|
Telesat Canada/Telesat LLC (Canada), 4.88%, 06/01/2027(b) |
217,000 | 154,470 | ||||||
|
Terrier Media Buyer, Inc., 8.88%, 12/15/2027(b)(c) |
555,000 | 569,502 | ||||||
|
|
|
|||||||
| 1,883,836 | ||||||||
|
|
|
|||||||
|
Mortgage REITs-1.08% |
||||||||
|
Blackstone Mortgage Trust, Inc., 3.75%, 01/15/2027(b) |
220,000 | 208,213 | ||||||
|
Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp., 4.25%, 02/01/2027(b)(c) |
326,000 | 318,028 | ||||||
|
|
|
|||||||
| 526,241 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-10.79% |
| |||||||
|
Apache Corp., 4.88%, 11/15/2027 |
204,000 | 209,942 | ||||||
|
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 9.00%, 11/01/2027(b) |
187,000 | 242,846 | ||||||
|
Baytex Energy Corp. (Canada), 8.75%, 04/01/2027(b)(c) |
250,000 | 268,287 | ||||||
|
DCP Midstream Operating L.P., 5.63%, 07/15/2027 |
276,000 | 296,889 | ||||||
|
EQM Midstream Partners L.P., 6.50%, 07/01/2027(b) |
493,000 | 513,183 | ||||||
|
EQT Corp., 3.90%, 10/01/2027(c) |
689,000 | 696,996 | ||||||
|
Genesis Energy L.P./Genesis Energy Finance Corp., 8.00%, 01/15/2027 |
510,000 | 516,375 | ||||||
|
Murphy Oil Corp., 5.88%, 12/01/2027(c) |
275,000 | 280,510 | ||||||
|
NuStar Logistics L.P., 5.63%, 04/28/2027 |
306,000 | 306,886 | ||||||
|
Occidental Petroleum Corp. |
||||||||
|
3.00%, 02/15/2027(c) |
393,000 | 383,888 | ||||||
|
8.50%, 07/15/2027 |
274,000 | 330,639 | ||||||
|
Parkland Corp. (Canada), 5.88%, 07/15/2027(b) |
278,000 | 281,707 | ||||||
|
SM Energy Co., 6.63%, 01/15/2027(c) |
190,000 | 192,129 | ||||||
|
Southwestern Energy Co., 4.75%, 02/01/2032 |
500,000 | 497,980 | ||||||
|
Tallgrass Energy Partners L.P./Tallgrass Energy Finance Corp., 6.00%, 03/01/2027(b) |
233,000 | 233,381 | ||||||
|
|
|
|||||||
| 5,251,638 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-6.15% |
||||||||
|
Bausch Health Americas, Inc., 8.50%, 01/31/2027(b)(c) |
956,000 | 969,843 | ||||||
|
Endo DAC/Endo Finance LLC/Endo Finco, Inc., 9.50%, 07/31/2027(b) |
520,000 | 507,845 | ||||||
|
Horizon Therapeutics USA, Inc., 5.50%, 08/01/2027(b) |
400,000 | 408,054 | ||||||
|
Par Pharmaceutical, Inc., 7.50%, 04/01/2027(b) |
1,107,000 | 1,108,278 | ||||||
|
|
|
|||||||
| 2,994,020 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Professional Services-0.93% |
||||||||
|
AMN Healthcare, Inc., 4.63%, 10/01/2027(b) |
$ | 276,000 | $ | 273,704 | ||||
|
Korn Ferry, 4.63%, 12/15/2027(b) |
183,000 | 180,562 | ||||||
|
|
|
|||||||
| 454,266 | ||||||||
|
|
|
|||||||
|
Software-1.60% |
||||||||
|
LogMeIn, Inc., 5.50%, 09/01/2027(b) |
522,000 | 497,119 | ||||||
|
NCR Corp., 5.75%, 09/01/2027(b) |
279,000 | 282,146 | ||||||
|
|
|
|||||||
| 779,265 | ||||||||
|
|
|
|||||||
|
Specialty Retail-1.01% |
||||||||
|
Carvana Co., 5.50%, 04/15/2027(b) |
300,000 | 268,656 | ||||||
|
Lithia Motors, Inc., 4.63%, 12/15/2027(b) |
220,000 | 225,211 | ||||||
|
|
|
|||||||
| 493,867 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-1.10% |
| |||||||
|
Presidio Holdings, Inc., 4.88%, 02/01/2027(b) |
271,000 | 270,608 | ||||||
|
Seagate HDD Cayman, 4.88%, 06/01/2027(c) |
258,000 | 265,517 | ||||||
|
|
|
|||||||
| 536,125 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-1.95% |
| |||||||
|
Herc Holdings, Inc., 5.50%, 07/15/2027(b) |
658,000 | 675,273 | ||||||
|
Univar Solutions USA, Inc., 5.13%, 12/01/2027(b) |
270,000 | 275,223 | ||||||
|
|
|
|||||||
| 950,496 | ||||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES (excluding investments
purchased with cash collateral from securities on loan)-98.63% |
48,002,144 | |||||||
|
|
|
|||||||
| Shares | ||||||||
| Investments Purchased with Cash Collateral from Securities on Loan Money |
| |||||||
|
Market Funds-30.65% |
||||||||
|
Invesco Private Government Fund, |
4,389,718 | 4,389,718 | ||||||
|
Invesco Private Prime Fund, 0.08%(e)(f)(g) |
10,522,462 | 10,523,515 | ||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
14,913,233 | |||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-129.28% |
|
62,915,377 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(29.28)% |
|
(14,247,863 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
|
$ | 48,667,514 | |||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
90 |
||||
|
|
| |||
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)–(continued) February 28, 2022 (Unaudited) |
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $34,260,097, which represented 70.40% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Restricted security. The value of this security at February 28, 2022 represented less than 1% of the Fund’s Net Assets. |
| (e) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 228,494 | $ | 3,056,319 | $ | (3,284,813 | ) | $ | - | $ | - | $ | - | $ | 51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
3,310,687 | 8,193,509 | (7,114,478 | ) | - | - | 4,389,718 | 505 | * | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
7,724,936 | 17,627,858 | (14,826,675 | ) | (979 | ) | (1,625 | ) | 10,523,515 | 4,441 | * | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Total |
$ | 11,264,117 | $ | 28,877,686 | $ | (25,225,966 | ) | $ | (979 | ) | $ | (1,625 | ) | $ | 14,913,233 | $ | 4,997 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (f) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (g) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
91 |
||||
|
|
| |||
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Consumer Discretionary |
18.70 | |||||
|
Industrials |
15.73 | |||||
|
Energy |
13.57 | |||||
|
Communication Services |
10.83 | |||||
|
Health Care |
9.81 | |||||
|
Financials |
7.39 | |||||
|
Materials |
6.19 | |||||
|
Consumer Staples |
4.49 | |||||
|
Utilities |
4.33 | |||||
|
Real Estate |
3.83 | |||||
|
Information Technology |
3.76 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.37 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
92 |
||||
|
|
| |||
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.13% |
| |||||||
|
Aerospace & Defense-1.42% |
| |||||||
|
Bombardier, Inc. (Canada), 6.00%, 02/15/2028(b) |
$ | 110,000 | $ | 105,204 | ||||
|
BWX Technologies, Inc., 4.13%, 06/30/2028(b) |
52,000 | 50,530 | ||||||
|
Spirit AeroSystems, Inc., 4.60%, 06/15/2028 |
122,000 | 116,642 | ||||||
|
|
|
|||||||
| 272,376 | ||||||||
|
|
|
|||||||
|
Airlines-0.52% |
| |||||||
|
Cargo Aircraft Management, Inc., 4.75%, 02/01/2028(b) |
102,000 | 100,172 | ||||||
|
|
|
|||||||
|
Auto Components-1.05% |
| |||||||
|
ANGI Group LLC, 3.88%, 08/15/2028(b) |
71,000 | 63,126 | ||||||
|
Avis Budget Car Rental LLC/Avis Budget Finance, Inc., 4.75%, 04/01/2028(b) |
70,000 | 67,084 | ||||||
|
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/2028(b) |
71,000 | 71,138 | ||||||
|
|
|
|||||||
| 201,348 | ||||||||
|
|
|
|||||||
|
Automobiles-2.75% |
| |||||||
|
Ford Motor Co., 6.63%, 10/01/2028 |
55,000 | 61,833 | ||||||
|
Ford Motor Credit Co. LLC, 2.90%, 02/16/2028 |
200,000 | 189,739 | ||||||
|
Jaguar Land Rover Automotive PLC (United Kingdom), 5.88%, 01/15/2028(b) |
200,000 | 198,600 | ||||||
|
PM General Purchaser LLC, 9.50%, 10/01/2028(b) |
82,000 | 78,594 | ||||||
|
|
|
|||||||
| 528,766 | ||||||||
|
|
|
|||||||
|
Biotechnology-1.30% |
| |||||||
|
Emergent BioSolutions, Inc., 3.88%, 08/15/2028(b) |
67,000 | 60,042 | ||||||
|
Grifols Escrow Issuer S.A. (Spain), 4.75%, 10/15/2028(b) |
200,000 | 188,745 | ||||||
|
|
|
|||||||
| 248,787 | ||||||||
|
|
|
|||||||
|
Capital Markets-2.28% |
| |||||||
|
Coinbase Global, Inc., 3.38%, 10/01/2028(b)(c) |
140,000 | 127,829 | ||||||
|
NFP Corp. |
||||||||
|
4.88%, 08/15/2028(b) |
80,000 | 76,492 | ||||||
|
6.88%, 08/15/2028(b) |
251,000 | 233,763 | ||||||
|
|
|
|||||||
| 438,084 | ||||||||
|
|
|
|||||||
|
Chemicals-4.70% |
| |||||||
|
ASP Unifrax Holdings, Inc., 5.25%, 09/30/2028(b) |
110,000 | 105,509 | ||||||
|
CVR Partners L.P./CVR Nitrogen Finance Corp., 6.13%, 06/15/2028(b) |
70,000 | 70,515 | ||||||
|
Element Solutions, Inc., 3.88%, 09/01/2028(b)(c) |
112,000 | 106,401 | ||||||
|
HB Fuller Co., 4.25%, 10/15/2028 |
41,000 | 39,098 | ||||||
|
Ingevity Corp., 3.88%, 11/01/2028(b) |
75,000 | 70,815 | ||||||
|
LSB Industries, Inc., 6.25%, 10/15/2028(b)(c) |
70,000 | 70,428 | ||||||
|
Minerals Technologies, Inc., 5.00%, 07/01/2028(b) |
52,000 | 51,196 | ||||||
|
Olympus Water US Holding Corp., 4.25%, 10/01/2028(b) |
200,000 | 186,760 | ||||||
| Principal Amount |
Value | |||||||
|
Chemicals-(continued) |
| |||||||
|
SCIH Salt Holdings, Inc., 4.88%, 05/01/2028(b) |
$ | 150,000 | $ | 143,625 | ||||
|
Weekley Homes LLC/Weekley Finance Corp., 4.88%, 09/15/2028(b) |
61,000 | 58,127 | ||||||
|
|
|
|||||||
| 902,474 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-5.02% |
| |||||||
|
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l., 4.63%, 06/01/2028(b) |
200,000 | 190,165 | ||||||
|
GFL Environmental, Inc. (Canada) |
||||||||
|
4.00%, 08/01/2028(b) |
101,000 | 93,533 | ||||||
|
3.50%, 09/01/2028(b) |
110,000 | 105,196 | ||||||
|
Madison IAQ LLC, 4.13%, 06/30/2028(b)(c) |
95,000 | 89,993 | ||||||
|
MPH Acquisition Holdings LLC |
||||||||
|
5.50%, 09/01/2028(b) |
150,000 | 145,765 | ||||||
|
5.75%, 11/01/2028(b) |
183,000 | 165,361 | ||||||
|
Prime Security Services Borrower LLC/Prime Finance, Inc., 6.25%, 01/15/2028(b)(c) |
180,000 | 173,915 | ||||||
|
|
|
|||||||
| 963,928 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.25% |
| |||||||
|
ViaSat, Inc., 6.50%, 07/15/2028(b) |
52,000 | 48,067 | ||||||
|
|
|
|||||||
|
Construction & Engineering-1.18% |
| |||||||
|
New Enterprise Stone & Lime Co., Inc., 5.25%, 07/15/2028(b) |
80,000 | 77,894 | ||||||
|
Pike Corp., 5.50%, 09/01/2028(b) |
101,000 | 97,338 | ||||||
|
Railworks Holdings L.P./Railworks Rally, Inc., 8.25%, 11/15/2028(b) |
50,000 | 51,054 | ||||||
|
|
|
|||||||
| 226,286 | ||||||||
|
|
|
|||||||
|
Consumer Finance-1.73% |
| |||||||
|
Curo Group Holdings Corp., 7.50%, 08/01/2028(b) |
140,000 | 124,502 | ||||||
|
FirstCash, Inc., 4.63%, 09/01/2028(b) |
71,000 | 67,120 | ||||||
|
Navient Corp., 4.88%, 03/15/2028(c) |
70,000 | 65,552 | ||||||
|
OneMain Finance Corp., 3.88%, 09/15/2028 |
80,000 | 74,226 | ||||||
|
|
|
|||||||
| 331,400 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-2.25% |
| |||||||
|
Graham Packaging Co., Inc., 7.13%, 08/15/2028(b) |
70,000 | 67,445 | ||||||
|
Graphic Packaging International LLC, 3.50%, 03/15/2028(b) |
60,000 | 57,084 | ||||||
|
Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co-Issuer LLC (Canada), 6.00%, 09/15/2028(b) |
100,000 | 97,250 | ||||||
|
LABL, Inc., 5.88%, 11/01/2028(b) |
70,000 | 67,135 | ||||||
|
Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer, Inc., 4.38%, 10/15/2028(b) |
70,000 | 64,746 | ||||||
|
Silgan Holdings, Inc., 4.13%, 02/01/2028 |
80,000 | 78,594 | ||||||
|
|
|
|||||||
| 432,254 | ||||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.83% |
| |||||||
|
Adtalem Global Education, Inc., 5.50%, 03/01/2028(b)(c) |
110,000 | 98,599 | ||||||
|
Grand Canyon University, 5.13%, 10/01/2028 |
60,000 | 60,150 | ||||||
|
|
|
|||||||
| 158,749 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
93 |
||||
|
|
| |||
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Diversified Financial Services-1.99% |
|
|||||||
|
AG Issuer LLC, 6.25%, 03/01/2028(b) |
$ | 72,000 | $ | 72,900 | ||||
|
Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%, 08/15/2028(b) |
200,000 | 192,833 | ||||||
|
Midcap Financial Issuer Trust, 6.50%, 05/01/2028(b) |
120,000 | 117,097 | ||||||
|
|
|
|||||||
| 382,830 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-9.57% |
|
|||||||
|
Altice France Holding S.A. (Luxembourg),
6.00%, |
200,000 | 176,850 | ||||||
|
Altice France S.A. (France), 5.50%, 01/15/2028(b) |
200,000 | 187,242 | ||||||
|
CommScope, Inc., 7.13%, |
91,000 | 85,466 | ||||||
|
Consolidated Communications, Inc. |
|
|||||||
|
5.00%, 10/01/2028(b)(c) |
60,000 | 56,920 | ||||||
|
6.50%, 10/01/2028(b)(c) |
107,000 | 106,733 | ||||||
|
Frontier Communications Holdings LLC, 5.00%, 05/01/2028(b) |
268,000 | 260,563 | ||||||
|
Iliad Holding S.A.S. (France), 7.00%, 10/15/2028(b) |
200,000 | 199,278 | ||||||
|
Level 3 Financing, Inc., 4.25%, 07/01/2028(b) |
173,000 | 160,025 | ||||||
|
Lumen Technologies, Inc., Series G, 6.88%, 01/15/2028 |
60,000 | 57,831 | ||||||
|
Radiate Holdco LLC/Radiate Finance, Inc., 6.50%, 09/15/2028(b) |
142,000 | 133,539 | ||||||
|
Switch Ltd., 3.75%, 09/15/2028(b) |
81,000 | 76,975 | ||||||
|
Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 08/15/2028(b)(c) |
193,000 | 195,034 | ||||||
|
Zayo Group Holdings, Inc., 6.13%, 03/01/2028(b)(c) |
150,000 | 139,674 | ||||||
|
|
|
|||||||
| 1,836,130 | ||||||||
|
|
|
|||||||
|
Electric Utilities-1.09% |
|
|||||||
|
Pattern Energy Operations L.P./Pattern Energy Operations, Inc., 4.50%, 08/15/2028(b) |
95,000 | 92,926 | ||||||
|
Talen Energy Supply LLC |
|
|||||||
|
6.63%, 01/15/2028(b) |
70,000 | 60,842 | ||||||
|
7.63%, 06/01/2028(b) |
61,000 | 54,697 | ||||||
|
|
|
|||||||
| 208,465 | ||||||||
|
|
|
|||||||
|
Electrical Equipment-0.57% |
|
|||||||
|
Vertiv Group Corp., 4.13%, 11/15/2028(b) |
120,000 | 110,263 | ||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-0.20% |
| |||||||
|
Austin BidCo, Inc., 7.13%, 12/15/2028(b) |
40,000 | 39,140 | ||||||
|
|
|
|||||||
|
Energy Equipment & Services-1.10% |
|
|||||||
|
Archrock Partners L.P./Archrock Partners Finance Corp., 6.25%, 04/01/2028(b) |
102,000 | 102,118 | ||||||
|
Bristow Group, Inc., 6.88%, 03/01/2028(b) |
60,000 | 60,781 | ||||||
|
Delek Logistics Partners L.P./Delek Logistics Finance Corp., 7.13%, 06/01/2028(b) |
50,000 | 48,961 | ||||||
|
|
|
|||||||
| 211,860 | ||||||||
|
|
|
|||||||
|
Entertainment-1.36% |
|
|||||||
|
Allen Media LLC/Allen Media Co-Issuer, Inc., 10.50%, 02/15/2028(b) |
91,000 | 90,563 | ||||||
|
Cinemark USA, Inc., 5.25%, 07/15/2028(b)(c) |
110,000 | 104,221 | ||||||
|
Live Nation Entertainment, Inc., 3.75%, 01/15/2028(b) |
70,000 | 67,112 | ||||||
|
|
|
|||||||
| 261,896 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Equity REITs-3.10% |
|
|||||||
|
American Finance Trust, Inc./American Finance Operating Partner L.P., 4.50%, 09/30/2028(b) |
$ | 70,000 | $ | 65,337 | ||||
|
CTR Partnership L.P./CareTrust Capital Corp., 3.88%, 06/30/2028(b) |
60,000 | 57,400 | ||||||
|
Diversified Healthcare Trust, 4.75%, 02/15/2028 |
62,000 | 56,151 | ||||||
|
Iron Mountain, Inc. |
|
|||||||
|
5.25%, 03/15/2028(b) |
114,000 | 114,228 | ||||||
|
5.00%, 07/15/2028(b) |
72,000 | 71,444 | ||||||
|
MGM Growth Properties Operating Partnership L.P./MGP Finance Co-Issuer, Inc., 4.50%, 01/15/2028 |
47,000 | 48,794 | ||||||
|
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer, 5.88%, 10/01/2028(b)(c) |
104,000 | 105,685 | ||||||
|
Uniti Group L.P./Uniti Group Finance, Inc./CSL Capital LLC, 4.75%, 04/15/2028(b) |
80,000 | 76,279 | ||||||
|
|
|
|||||||
| 595,318 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-1.84% |
|
|||||||
|
C&S Group Enterprises LLC, 5.00%, 12/15/2028(b) |
61,000 | 53,136 | ||||||
|
GPS Hospitality Holding Co. LLC/GPS Finco, Inc., 7.00%, 08/15/2028(b) |
60,000 | 50,100 | ||||||
|
PetSmart, Inc./PetSmart Finance Corp., 4.75%, 02/15/2028(b) |
250,000 | 249,733 | ||||||
|
|
|
|||||||
| 352,969 | ||||||||
|
|
|
|||||||
|
Food Products-2.01% |
|
|||||||
|
Chobani LLC/Chobani Finance Corp., Inc., 4.63%, 11/15/2028(b) |
53,000 | 51,104 | ||||||
|
Lamb Weston Holdings, Inc., 4.88%, 05/15/2028(b)(c) |
72,000 | 74,011 | ||||||
|
Post Holdings, Inc., 5.63%, 01/15/2028(b) |
136,000 | 136,656 | ||||||
|
TKC Holdings, Inc., 6.88%, 05/15/2028(b) |
60,000 | 59,474 | ||||||
|
TreeHouse Foods, Inc., 4.00%, 09/01/2028(c) |
71,000 | 64,868 | ||||||
|
|
|
|||||||
| 386,113 | ||||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-0.52% |
|
|||||||
|
Radiology Partners, Inc., 9.25%, 02/01/2028(b) |
100,000 | 99,921 | ||||||
|
|
|
|||||||
|
Health Care Providers & Services-0.93% |
|
|||||||
|
Akumin Escrow, Inc., 7.50%, 08/01/2028(b) |
50,000 | 42,325 | ||||||
|
Cano Health LLC, 6.25%, 10/01/2028(b) |
40,000 | 35,557 | ||||||
|
Molina Healthcare, Inc., 4.38%, 06/15/2028(b)(c) |
100,000 | 99,746 | ||||||
|
|
|
|||||||
| 177,628 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-4.70% |
|
|||||||
|
1011778 BC ULC/New Red Finance, Inc. (Canada), 4.38%, 01/15/2028(b) |
108,000 | 106,292 | ||||||
|
Aramark Services, Inc., 5.00%, 02/01/2028(b)(c) |
158,000 | 158,457 | ||||||
|
Carnival Corp., 4.00%, 08/01/2028(b) |
340,000 | 325,190 | ||||||
|
Marriott Ownership Resorts, Inc., 4.75%, 01/15/2028 |
49,000 | 47,558 | ||||||
|
MGM Resorts International, 4.75%, 10/15/2028(c) |
107,000 | 106,731 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
94 |
||||
|
|
| |||
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Hotels, Restaurants & Leisure-(continued) |
| |||||||
|
Station Casinos LLC, 4.50%, 02/15/2028(b) |
$ | 101,000 | $ | 97,212 | ||||
|
Wyndham Hotels & Resorts, Inc., 4.38%, 08/15/2028(b) |
62,000 | 61,495 | ||||||
|
|
|
|||||||
| 902,935 | ||||||||
|
|
|
|||||||
|
Household Durables-1.22% |
||||||||
|
CP Atlas Buyer, Inc., 7.00%, 12/01/2028(b)(c) |
74,000 | 66,811 | ||||||
|
M/I Homes, Inc., 4.95%, 02/01/2028 |
52,000 | 50,921 | ||||||
|
Tri Pointe Homes, Inc., 5.70%, 06/15/2028 |
46,000 | 46,425 | ||||||
|
Williams Scotsman International, Inc., 4.63%, 08/15/2028(b) |
70,000 | 69,125 | ||||||
|
|
|
|||||||
| 233,282 | ||||||||
|
|
|
|||||||
|
Household Products-0.41% |
||||||||
|
Energizer Holdings, Inc., 4.75%, 06/15/2028(b) |
82,000 | 77,988 | ||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-2.41% |
| |||||||
|
Calpine Corp. |
||||||||
|
4.50%, 02/15/2028(b) |
178,000 | 173,841 | ||||||
|
5.13%, 03/15/2028(b) |
193,000 | 186,128 | ||||||
|
TerraForm Power Operating LLC, 5.00%, 01/31/2028(b) |
102,000 | 102,439 | ||||||
|
|
|
|||||||
| 462,408 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-1.67% |
||||||||
|
Match Group Holdings II LLC, 4.63%, 06/01/2028(b) |
62,000 | 62,293 | ||||||
|
Nexstar Media, Inc., 4.75%, 11/01/2028(b)(c) |
122,000 | 118,804 | ||||||
|
Rackspace Technology Global, Inc. |
||||||||
|
3.50%, 02/15/2028(b) |
80,000 | 72,686 | ||||||
|
5.38%, 12/01/2028(b)(c) |
75,000 | 67,391 | ||||||
|
|
|
|||||||
| 321,174 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.18% |
|
|||||||
|
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc., 6.00%, 02/15/2028(b)(c) |
40,000 | 35,065 | ||||||
|
|
|
|||||||
|
IT Services-1.59% |
||||||||
|
Ahead DB Holdings LLC, 6.63%, 05/01/2028(b) |
60,000 | 56,467 | ||||||
|
Arches Buyer, Inc., 4.25%, 06/01/2028(b) |
132,000 | 125,142 | ||||||
|
Clarivate Science Holdings Corp., 3.88%, 07/01/2028(b) |
130,000 | 123,042 | ||||||
|
|
|
|||||||
| 304,651 | ||||||||
|
|
|
|||||||
|
Machinery-1.40% |
||||||||
|
ATS Automation Tooling Systems, Inc. (Canada), 4.13%, 12/15/2028(b) |
40,000 | 38,599 | ||||||
|
GrafTech Finance, Inc., 4.63%, 12/15/2028(b) . |
75,000 | 73,003 | ||||||
|
Meritor, Inc., 4.50%, 12/15/2028(b) |
38,000 | 38,906 | ||||||
|
Titan International, Inc., 7.00%, 04/30/2028 |
60,000 | 62,100 | ||||||
|
Wabash National Corp., 4.50%, 10/15/2028(b) . |
60,000 | 56,982 | ||||||
|
|
|
|||||||
| 269,590 | ||||||||
|
|
|
|||||||
|
Media-9.93% |
||||||||
|
Advantage Sales & Marketing, Inc., 6.50%, 11/15/2028(b) |
129,000 | 130,048 | ||||||
|
CSC Holdings LLC, 5.38%, 02/01/2028(b) |
140,000 | 136,500 | ||||||
|
DISH DBS Corp. |
||||||||
|
7.38%, 07/01/2028(c) |
172,000 | 161,986 | ||||||
|
5.75%, 12/01/2028(b) |
350,000 | 335,676 | ||||||
|
GCI LLC, 4.75%, 10/15/2028(b) |
84,000 | 82,561 | ||||||
| Principal Amount |
Value | |||||||
|
Media-(continued) |
||||||||
|
iHeartCommunications, Inc., 4.75%, 01/15/2028(b) |
$ | 70,000 | $ | 67,805 | ||||
|
Lamar Media Corp., 3.75%, 02/15/2028 |
81,000 | 77,963 | ||||||
|
McGraw-Hill Education, Inc., 5.75%, 08/01/2028(b) |
130,000 | 123,500 | ||||||
|
National CineMedia LLC, 5.88%, 04/15/2028(b)(c) |
52,000 | 46,207 | ||||||
|
Sirius XM Radio, Inc., 4.00%, 07/15/2028(b) |
295,000 | 284,115 | ||||||
|
TEGNA, Inc., 4.63%, 03/15/2028 |
142,000 | 142,178 | ||||||
|
UPC Holding B.V. (Netherlands), 5.50%, 01/15/2028(b) |
200,000 | 199,231 | ||||||
|
Urban One, Inc., 7.38%, 02/01/2028(b) |
119,000 | 118,550 | ||||||
|
|
|
|||||||
| 1,906,320 | ||||||||
|
|
|
|||||||
|
Metals & Mining-0.31% |
||||||||
|
Kaiser Aluminum Corp., 4.63%, 03/01/2028(b) |
62,000 | 58,645 | ||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-5.22% |
||||||||
|
Apache Corp., 4.38%, 10/15/2028 |
101,000 | 102,433 | ||||||
|
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 8.25%, 12/31/2028(b) |
47,000 | 48,223 | ||||||
|
Callon Petroleum Co., 8.00%, 08/01/2028(b)(c) . |
90,000 | 93,709 | ||||||
|
CVR Energy, Inc., 5.75%, 02/15/2028(b) |
52,000 | 49,082 | ||||||
|
Encino Acquisition Partners Holdings LLC, 8.50%, 05/01/2028(b) |
95,000 | 96,384 | ||||||
|
EnLink Midstream LLC, 5.63%, 01/15/2028(b) . |
70,000 | 70,814 | ||||||
|
EQM Midstream Partners L.P., 5.50%, 07/15/2028 |
117,000 | 115,340 | ||||||
|
Holly Energy Partners L.P./Holly Energy Finance Corp., 5.00%, 02/01/2028(b) |
72,000 | 68,876 | ||||||
|
Laredo Petroleum, Inc., 10.13%, 01/15/2028 |
50,000 | 52,981 | ||||||
|
Occidental Petroleum Corp., 6.38%, 09/01/2028 |
71,000 | 80,356 | ||||||
|
Renewable Energy Group, Inc., 5.88%, 06/01/2028(b) |
82,000 | 88,649 | ||||||
|
SM Energy Co., 6.50%, 07/15/2028 |
60,000 | 61,573 | ||||||
|
Weatherford International Ltd., 6.50%, 09/15/2028(b) |
70,000 | 72,557 | ||||||
|
|
|
|||||||
| 1,000,977 | ||||||||
|
|
|
|||||||
|
Paper & Forest Products-0.68% |
||||||||
|
Clearwater Paper Corp., 4.75%, 08/15/2028(b) . |
38,000 | 35,781 | ||||||
|
Domtar Corp., 6.75%, 10/01/2028(b)(c) |
94,000 | 94,074 | ||||||
|
|
|
|||||||
| 129,855 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-3.88% |
||||||||
|
Bausch Health Cos., Inc. |
||||||||
|
5.00%, 01/30/2028(b) |
178,000 | 149,378 | ||||||
|
4.88%, 06/01/2028(b)(c) |
270,000 | 259,837 | ||||||
|
Elanco Animal Health, Inc., 6.40%, 08/28/2028 |
105,000 | 113,957 | ||||||
|
Organon & Co./Organon Foreign Debt Co-Issuer B.V., 4.13%, 04/30/2028(b) |
225,000 | 221,693 | ||||||
|
|
|
|||||||
| 744,865 | ||||||||
|
|
|
|||||||
|
Professional Services-2.09% |
||||||||
|
ASGN, Inc., 4.63%, 05/15/2028(b) |
77,000 | 76,170 | ||||||
|
CoreLogic, Inc., 4.50%, 05/01/2028(b) |
100,000 | 95,073 | ||||||
|
KBR, Inc., 4.75%, 09/30/2028(b) |
36,000 | 35,814 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
95 |
||||
|
|
| |||
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Professional Services-(continued) |
| |||||||
|
Nielsen Finance LLC/Nielsen Finance Co., 5.63%, 10/01/2028(b) |
$ | 142,000 | $ | 136,214 | ||||
|
Science Applications International Corp., 4.88%, 04/01/2028(b) |
60,000 | 58,632 | ||||||
|
|
|
|||||||
| 401,903 | ||||||||
|
|
|
|||||||
|
Real Estate Management & Development-0.16% |
| |||||||
|
Forestar Group, Inc., 5.00%, 03/01/2028(b) |
31,000 | 29,965 | ||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-0.77% |
| |||||||
|
Entegris, Inc., 4.38%, 04/15/2028(b) |
48,000 | 47,123 | ||||||
|
ON Semiconductor Corp., 3.88%, 09/01/2028(b) |
102,000 | 101,255 | ||||||
|
|
|
|||||||
| 148,378 | ||||||||
|
|
|
|||||||
|
Software-3.17% |
| |||||||
|
Black Knight InfoServ LLC, 3.63%, 09/01/2028(b) |
142,000 | 134,784 | ||||||
|
Castle US Holding Corp., 9.50%, 02/15/2028(b) |
45,000 | 46,263 | ||||||
|
Consensus Cloud Solutions, Inc., 6.50%, 10/15/2028(b) |
70,000 | 70,525 | ||||||
|
Fair Isaac Corp., 4.00%, 06/15/2028(b) |
126,000 | 123,843 | ||||||
|
MicroStrategy, Inc., 6.13%, 06/15/2028(b)(c) |
70,000 | 67,637 | ||||||
|
NCR Corp., 5.00%, 10/01/2028(b) |
96,000 | 94,813 | ||||||
|
PTC, Inc., 4.00%, 02/15/2028(b) |
72,000 | 70,322 | ||||||
|
|
|
|||||||
| 608,187 | ||||||||
|
|
|
|||||||
|
Specialty Retail-3.48% |
| |||||||
|
Asbury Automotive Group, Inc., 4.50%, 03/01/2028(c) |
61,000 | 60,058 | ||||||
|
At Home Group, Inc., 4.88%, 07/15/2028(b) |
40,000 | 37,126 | ||||||
|
Bath & Body Works, Inc., 5.25%, 02/01/2028 |
72,000 | 74,700 | ||||||
|
Carvana Co., 5.88%, 10/01/2028(b) |
81,000 | 72,436 | ||||||
|
Group 1 Automotive, Inc., 4.00%, 08/15/2028(b) |
106,000 | 102,340 | ||||||
|
Ken Garff Automotive LLC, 4.88%, 09/15/2028(b) |
30,000 | 28,760 | ||||||
|
Michaels Cos., Inc. (The), 5.25%, 05/01/2028(b) |
120,000 | 112,695 | ||||||
|
SRS Distribution, Inc., 4.63%, 07/01/2028(b) |
90,000 | 86,060 | ||||||
|
White Cap Buyer LLC, 6.88%, 10/15/2028(b) |
95,000 | 94,642 | ||||||
|
|
|
|||||||
| 668,817 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-0.56% |
| |||||||
|
Xerox Holdings Corp., 5.50%, |
107,000 | 106,918 | ||||||
|
|
|
|||||||
|
Investment Abbreviations: REIT-Real Estate Investment Trust |
| |||||||
| Principal Amount |
Value | |||||||
|
Thrifts & Mortgage Finance-0.98% |
| |||||||
|
LD Holdings Group LLC, 6.13%, 04/01/2028(b) |
$ | 80,000 | $ | 71,494 | ||||
|
Nationstar Mortgage Holdings, Inc., 5.50%, 08/15/2028(b) |
117,000 | 116,825 | ||||||
|
|
|
|||||||
| 188,319 | ||||||||
|
|
|
|||||||
|
Trading Companies & Distributors-1.57% |
| |||||||
|
Fortress Transportation and Infrastructure Investors LLC, 5.50%, 05/01/2028(b) |
140,000 | 133,951 | ||||||
|
H&E Equipment Services, Inc., 3.88%, 12/15/2028(b) |
178,000 | 166,801 | ||||||
|
|
|
|||||||
| 300,752 | ||||||||
|
|
|
|||||||
|
Wireless Telecommunication Services-2.19% |
| |||||||
|
Sprint Capital Corp., 6.88%, 11/15/2028 |
353,000 | 419,747 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
18,835,965 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.58% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(d)(e) |
110,681 | 110,681 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
18,946,646 | ||||||
|
|
|
|||||||
|
Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-16.19% |
| |||||||
|
Invesco Private Government Fund, |
932,336 | 932,336 | ||||||
|
Invesco Private Prime Fund, 0.08%(d)(e)(f) |
2,175,233 | 2,175,450 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
3,107,786 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-114.90% |
|
22,054,432 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(14.90)% |
|
(2,859,624 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
|
$ | 19,194,808 | |||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
96 |
||||
|
|
| |||
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)–(continued) February 28, 2022 (Unaudited) |
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $16,145,480, which represented 84.11% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 58,424 | $ | 1,052,708 | $ | (1,000,451 | ) | $ | - | $ | - | $ | 110,681 | $ | 15 | ||||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
573,554 | 3,645,139 | (3,286,357 | ) | - | - | 932,336 | 95 | * | ||||||||||||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
1,338,292 | 7,018,616 | (6,181,063 | ) | (145 | ) | (250 | ) | 2,175,450 | 811 | * | ||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
|
Total |
$ | 1,970,270 | $ | 11,716,463 | $ | (10,467,871 | ) | $ | (145 | ) | $ | (250 | ) | $ | 3,218,467 | $ | 921 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (f) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Communication Services |
24.72 | |||||
|
Industrials |
13.78 | |||||
|
Consumer Discretionary |
13.21 | |||||
|
Materials |
7.94 | |||||
|
Financials |
6.98 | |||||
|
Information Technology |
6.72 | |||||
|
Health Care |
6.62 | |||||
|
Energy |
6.32 | |||||
|
Consumer Staples |
5.08 | |||||
|
Utilities |
3.50 | |||||
|
Real Estate |
3.26 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.87 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
97 |
||||
|
|
| |||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) February 28, 2022 (Unaudited) |
Schedule of Investments(a)
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-97.75% |
| |||||||
|
Aerospace & Defense-1.34% |
| |||||||
|
BWX Technologies, Inc., 4.13%, 04/15/2029(b) |
$ | 40,000 | $ | 38,869 | ||||
|
TransDigm, Inc. |
| |||||||
|
4.63%, 01/15/2029 |
50,000 | 47,411 | ||||||
|
4.88%, 05/01/2029 |
40,000 | 38,052 | ||||||
|
|
|
|||||||
| 124,332 | ||||||||
|
|
|
|||||||
|
Airlines-1.10% |
| |||||||
|
United Airlines, Inc., 4.63%, 04/15/2029(b) |
105,000 | 102,448 | ||||||
|
|
|
|||||||
|
Auto Components-2.48% |
| |||||||
|
American Axle & Manufacturing, Inc., 5.00%, 10/01/2029(c) |
30,000 | 28,507 | ||||||
|
Goodyear Tire & Rubber Co. (The), 5.00%, 07/15/2029(b) |
40,000 | 39,404 | ||||||
|
NESCO Holdings II, Inc., 5.50%, 04/15/2029(b) |
60,000 | 57,753 | ||||||
|
Patrick Industries, Inc., 4.75%, 05/01/2029(b) |
20,000 | 18,092 | ||||||
|
Real Hero Merger Sub 2, Inc., 6.25%, 02/01/2029(b) |
30,000 | 28,312 | ||||||
|
Tenneco, Inc., 5.13%, 04/15/2029(b) |
40,000 | 39,759 | ||||||
|
Wheel Pros, Inc., 6.50%, 05/15/2029(b) |
20,000 | 18,332 | ||||||
|
|
|
|||||||
| 230,159 | ||||||||
|
|
|
|||||||
|
Automobiles-0.60% |
| |||||||
|
Dornoch Debt Merger Sub, Inc., 6.63%, 10/15/2029(b) |
30,000 | 27,862 | ||||||
|
Thor Industries, Inc., 4.00%, 10/15/2029(b) |
30,000 | 27,413 | ||||||
|
|
|
|||||||
| 55,275 | ||||||||
|
|
|
|||||||
|
Beverages-0.60% |
| |||||||
|
Primo Water Holdings, Inc. (Canada), 4.38%, 04/30/2029(b) |
30,000 | 27,976 | ||||||
|
Triton Water Holdings, Inc., 6.25%, 04/01/2029(b) |
30,000 | 27,696 | ||||||
|
|
|
|||||||
| 55,672 | ||||||||
|
|
|
|||||||
|
Building Products-0.88% |
| |||||||
|
GYP Holdings III Corp., 4.63%, 05/01/2029(b) |
20,000 | 18,682 | ||||||
|
Park River Holdings, Inc. |
| |||||||
|
5.63%, 02/01/2029(b) |
20,000 | 17,282 | ||||||
|
6.75%, 08/01/2029(b) |
20,000 | 17,685 | ||||||
|
PGT Innovations, Inc., 4.38%, 10/01/2029(b)(c) |
30,000 | 28,229 | ||||||
|
|
|
|||||||
| 81,878 | ||||||||
|
|
|
|||||||
|
Capital Markets-0.29% |
| |||||||
|
APX Group, Inc., 5.75%, 07/15/2029(b) |
30,000 | 26,943 | ||||||
|
|
|
|||||||
|
Chemicals-4.28% |
| |||||||
|
ASP Unifrax Holdings, Inc., 7.50%, 09/30/2029(b)(c) |
30,000 | 27,424 | ||||||
|
Chemours Co. (The), 4.63%, 11/15/2029(b) |
40,000 | 37,112 | ||||||
|
Diamond BC B.V., 4.63%, 10/01/2029(b) |
30,000 | 27,340 | ||||||
|
EverArc Escrow S.a.r.l., 5.00%, 10/30/2029(b) |
40,000 | 37,062 | ||||||
|
LSF11 A5 Holdco LLC, 6.63%, 10/15/2029(b) |
20,000 | 18,950 | ||||||
|
Methanex Corp. (Canada), 5.25%, 12/15/2029 |
40,000 | 40,476 | ||||||
|
NOVA Chemicals Corp. (Canada), 4.25%, 05/15/2029(b) |
40,000 | 37,551 | ||||||
|
SCIH Salt Holdings, Inc., 6.63%, 05/01/2029(b)(c) |
40,000 | 37,653 | ||||||
|
Trinseo Materials Operating S.C.A./Trinseo Materials Finance, Inc., 5.13%, 04/01/2029(b) |
20,000 | 18,973 | ||||||
| Principal Amount |
Value | |||||||
|
Chemicals-(continued) |
| |||||||
|
Tronox, Inc., 4.63%, 03/15/2029(b) |
$ | 60,000 | $ | 56,637 | ||||
|
WR Grace Holdings LLC, 5.63%, 08/15/2029(b) |
60,000 | 57,600 | ||||||
|
|
|
|||||||
| 396,778 | ||||||||
|
|
|
|||||||
|
Commercial Services & Supplies-3.86% |
| |||||||
|
ACCO Brands Corp., 4.25%, 03/15/2029(b) |
30,000 | 27,880 | ||||||
|
ADT Security Corp. (The), 4.13%, 08/01/2029(b) |
50,000 | 47,228 | ||||||
|
APi Escrow Corp., 4.75%, 10/15/2029(b) |
20,000 | 18,924 | ||||||
|
Deluxe Corp., 8.00%, 06/01/2029(b) |
20,000 | 20,527 | ||||||
|
First Student Bidco, Inc./First Transit Parent, Inc., 4.00%, 07/31/2029(b) |
40,000 | 37,875 | ||||||
|
Garda World Security Corp. (Canada), 6.00%, 06/01/2029(b) |
30,000 | 27,260 | ||||||
|
GFL Environmental, Inc. (Canada) |
| |||||||
|
4.75%, 06/15/2029(b) |
40,000 | 37,850 | ||||||
|
4.38%, 08/15/2029(b) |
30,000 | 27,903 | ||||||
|
Madison IAQ LLC, 5.88%, 06/30/2029(b) |
50,000 | 45,439 | ||||||
|
PECF USS Intermediate Holding III Corp., 8.00%, 11/15/2029(b)(c) |
30,000 | 29,224 | ||||||
|
Pitney Bowes, Inc., 7.25%, 03/15/2029(b) |
20,000 | 19,023 | ||||||
|
Stericycle, Inc., 3.88%, 01/15/2029(b) |
20,000 | 18,653 | ||||||
|
|
|
|||||||
| 357,786 | ||||||||
|
|
|
|||||||
|
Communications Equipment-0.40% |
| |||||||
|
Plantronics, Inc., 4.75%, 03/01/2029(b) |
20,000 | 17,769 | ||||||
|
Viavi Solutions, Inc., 3.75%, 10/01/2029(b) |
20,000 | 18,991 | ||||||
|
|
|
|||||||
| 36,760 | ||||||||
|
|
|
|||||||
|
Construction & Engineering-0.72% |
| |||||||
|
Arcosa, Inc., 4.38%, 04/15/2029(b) |
20,000 | 18,985 | ||||||
|
Dycom Industries, Inc., 4.50%, 04/15/2029(b)(c) |
20,000 | 19,235 | ||||||
|
IEA Energy Services LLC, 6.63%, 08/15/2029(b) |
20,000 | 18,537 | ||||||
|
VM Consolidated, Inc., 5.50%, 04/15/2029(b) |
10,000 | 9,840 | ||||||
|
|
|
|||||||
| 66,597 | ||||||||
|
|
|
|||||||
|
Construction Materials-0.39% |
| |||||||
|
APi Group DE, Inc., 4.13%, 07/15/2029(b) |
20,000 | 18,452 | ||||||
|
Victors Merger Corp., 6.38%, 05/15/2029(b) |
20,000 | 17,350 | ||||||
|
|
|
|||||||
| 35,802 | ||||||||
|
|
|
|||||||
|
Consumer Finance-1.76% |
| |||||||
|
Navient Corp., 5.50%, 03/15/2029 |
50,000 | 47,339 | ||||||
|
OneMain Finance Corp., 5.38%, 11/15/2029 |
40,000 | 40,300 | ||||||
|
Paysafe Finance PLC/Paysafe Holdings US Corp., 4.00%, 06/15/2029(b) |
20,000 | 17,427 | ||||||
|
PRA Group, Inc., 5.00%, 10/01/2029(b) |
20,000 | 19,434 | ||||||
|
PROG Holdings, Inc., 6.00%, 11/15/2029(b) |
40,000 | 38,477 | ||||||
|
|
|
|||||||
| 162,977 | ||||||||
|
|
|
|||||||
|
Containers & Packaging-0.81% |
| |||||||
|
Graphic Packaging International LLC, 3.50%, 03/01/2029(b) |
20,000 | 18,780 | ||||||
|
Intertape Polymer Group, Inc. (Canada), 4.38%, 06/15/2029(b) |
20,000 | 18,990 | ||||||
|
LABL, Inc., 8.25%, 11/01/2029(b) |
20,000 | 18,638 | ||||||
|
TriMas Corp., 4.13%, 04/15/2029(b) |
20,000 | 18,858 | ||||||
|
|
|
|||||||
| 75,266 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
98 |
||||
|
|
| |||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Distributors-0.59% |
| |||||||
|
Ferrellgas L.P./Ferrellgas Finance Corp., 5.88%, 04/01/2029(b) |
$ | 40,000 | $ | 36,812 | ||||
|
Resideo Funding, Inc., 4.00%, 09/01/2029(b) |
20,000 | 18,016 | ||||||
|
|
|
|||||||
| 54,828 | ||||||||
|
|
|
|||||||
|
Diversified Consumer Services-0.58% |
| |||||||
|
Carriage Services, Inc., 4.25%, 05/15/2029(b) |
20,000 | 18,899 | ||||||
|
Signal Parent, Inc., 6.13%, 04/01/2029(b) |
10,000 | 8,342 | ||||||
|
StoneMor, Inc., 8.50%, 05/15/2029(b) |
10,000 | 10,095 | ||||||
|
WW International, Inc., 4.50%, 04/15/2029(b) |
20,000 | 16,837 | ||||||
|
|
|
|||||||
| 54,173 | ||||||||
|
|
|
|||||||
|
Diversified Financial Services-2.20% |
| |||||||
|
Aretec Escrow Issuer, Inc., 7.50%, 04/01/2029(b) . |
20,000 | 19,841 | ||||||
|
Cobra Acquisitionco LLC, 6.38%, 11/01/2029(b) |
30,000 | 27,526 | ||||||
|
Compass Group Diversified Holdings LLC, 5.25%, 04/15/2029(b) |
42,000 | 40,649 | ||||||
|
Hightower Holding LLC, 6.75%, 04/15/2029(b) |
20,000 | 20,046 | ||||||
|
Jane Street Group/JSG Finance, Inc., 4.50%, 11/15/2029(b) |
30,000 | 29,306 | ||||||
|
LPL Holdings, Inc., 4.00%, 03/15/2029(b) |
40,000 | 38,911 | ||||||
|
United Wholesale Mortgage LLC, 5.50%, 04/15/2029(b) |
30,000 | 27,502 | ||||||
|
|
|
|||||||
| 203,781 | ||||||||
|
|
|
|||||||
|
Diversified Telecommunication Services-7.19% |
| |||||||
|
Altice France S.A. (France) |
| |||||||
|
5.13%, 07/15/2029(b) |
200,000 | 181,247 | ||||||
|
5.50%, 10/15/2029(b) |
200,000 | 183,533 | ||||||
|
CommScope, Inc., 4.75%, 09/01/2029(b) |
80,000 | 74,730 | ||||||
|
Frontier Communications Holdings LLC |
| |||||||
|
6.75%, 05/01/2029(b) |
52,000 | 50,570 | ||||||
|
5.88%, 11/01/2029 |
40,000 | 36,873 | ||||||
|
Level 3 Financing, Inc. |
| |||||||
|
3.63%, 01/15/2029(b) |
30,000 | 26,326 | ||||||
|
3.75%, 07/15/2029(b) |
30,000 | 26,521 | ||||||
|
Lumen Technologies, Inc. |
| |||||||
|
4.50%, 01/15/2029(b) |
40,000 | 33,469 | ||||||
|
5.38%, 06/15/2029(b) |
40,000 | 34,780 | ||||||
|
Switch Ltd., 4.13%, 06/15/2029(b) |
20,000 | 19,179 | ||||||
|
|
|
|||||||
| 667,228 | ||||||||
|
|
|
|||||||
|
Electric Utilities-1.45% |
| |||||||
|
DPL, Inc., 4.35%, 04/15/2029 |
20,000 | 19,535 | ||||||
|
Leeward Renewable Energy Operations LLC, 4.25%, 07/01/2029(b) |
20,000 | 19,400 | ||||||
|
NRG Energy, Inc., 3.38%, 02/15/2029(b) |
30,000 | 27,912 | ||||||
|
Vistra Operations Co. LLC, 4.38%, 05/01/2029(b) . |
70,000 | 67,954 | ||||||
|
|
|
|||||||
| 134,801 | ||||||||
|
|
|
|||||||
|
Electronic Equipment, Instruments & Components-1.89% |
| |||||||
|
II-VI, Inc., 5.00%, 12/15/2029(b) |
60,000 | 59,957 | ||||||
|
Imola Merger Corp., 4.75%, 05/15/2029(b) |
90,000 | 87,432 | ||||||
|
TTM Technologies, Inc., 4.00%, 03/01/2029(b) |
30,000 | 27,726 | ||||||
|
|
|
|||||||
| 175,115 | ||||||||
|
|
|
|||||||
|
Energy Equipment & Services-1.02% |
| |||||||
|
Colgate Energy Partners III LLC, 5.88%, 07/01/2029(b) |
40,000 | 41,248 | ||||||
| Principal Amount |
Value | |||||||
|
Energy Equipment & Services-(continued) |
| |||||||
|
Global Partners L.P./GLP Finance Corp., 6.88%, 01/15/2029 |
$ | 13,000 | $ | 13,215 | ||||
|
Precision Drilling Corp. (Canada), 6.88%, 01/15/2029(b) |
40,000 | 40,202 | ||||||
|
|
|
|||||||
| 94,665 | ||||||||
|
|
|
|||||||
|
Entertainment-0.78% |
| |||||||
|
Lions Gate Capital Holdings LLC, 5.50%, 04/15/2029(b) |
37,000 | 35,235 | ||||||
|
Playtika Holding Corp., 4.25%, 03/15/2029(b) |
40,000 | 37,256 | ||||||
|
|
|
|||||||
| 72,491 | ||||||||
|
|
|
|||||||
|
Equity REITs-2.77% |
| |||||||
|
Iron Mountain, Inc., 4.88%, 09/15/2029(b) |
60,000 | 57,994 | ||||||
|
MGM Growth Properties Operating Partnership L.P./MGP Finance Co-Issuer, Inc., 3.88%, 02/15/2029(b) |
30,000 | 30,204 | ||||||
|
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer, 4.88%, 05/15/2029(b) |
28,000 | 27,020 | ||||||
|
RHP Hotel Properties L.P./RHP Finance Corp., 4.50%, 02/15/2029(b) |
40,000 | 37,850 | ||||||
|
RLJ Lodging Trust L.P., 4.00%, 09/15/2029(b) |
30,000 | 28,221 | ||||||
|
SBA Communications Corp., 3.13%, 02/01/2029 |
50,000 | 46,504 | ||||||
|
XHR L.P., 4.88%, 06/01/2029(b) |
30,000 | 29,095 | ||||||
|
|
|
|||||||
| 256,888 | ||||||||
|
|
|
|||||||
|
Food & Staples Retailing-2.25% |
| |||||||
|
Albertsons Cos., Inc./Safeway, Inc./New Albertsons L.P./Albertson’s LLC, 3.50%, 03/15/2029(b) |
70,000 | 65,253 | ||||||
|
American Builders & Contractors Supply Co., Inc., 3.88%, 11/15/2029(b) |
20,000 | 18,831 | ||||||
|
Performance Food Group, Inc., 4.25%, 08/01/2029(b) |
50,000 | 47,765 | ||||||
|
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc., 4.63%, 03/01/2029(b) |
40,000 | 37,102 | ||||||
|
US Foods, Inc., 4.75%, 02/15/2029(b) |
40,000 | 39,619 | ||||||
|
|
|
|||||||
| 208,570 | ||||||||
|
|
|
|||||||
|
Food Products-0.55% |
| |||||||
|
TKC Holdings, Inc., 10.50%, 05/15/2029(b) |
50,000 | 51,340 | ||||||
|
|
|
|||||||
|
Gas Utilities-0.21% |
| |||||||
|
Superior Plus L.P./Superior General Partner, Inc. (Canada), 4.50%, 03/15/2029(b) |
20,000 | 19,110 | ||||||
|
|
|
|||||||
|
Health Care Equipment & Supplies-4.09% |
| |||||||
|
Hologic, Inc., 3.25%, 02/15/2029(b) |
30,000 | 28,477 | ||||||
|
Mozart Debt Merger Sub, Inc. |
| |||||||
|
3.88%, 04/01/2029(b) |
240,000 | 226,851 | ||||||
|
5.25%, 10/01/2029(b) |
130,000 | 124,332 | ||||||
|
|
|
|||||||
| 379,660 | ||||||||
|
|
|
|||||||
|
Health Care Providers & Services-2.96% |
| |||||||
|
Acadia Healthcare Co., Inc., 5.00%, 04/15/2029(b) |
27,000 | 26,697 | ||||||
|
AHP Health Partners, Inc., 5.75%, 07/15/2029(b) |
20,000 | 18,932 | ||||||
|
Avantor Funding, Inc., 3.88%, 11/01/2029(b) |
50,000 | 48,192 | ||||||
|
HealthEquity, Inc., 4.50%, 10/01/2029(b) |
30,000 | 28,593 | ||||||
|
LifePoint Health, Inc., 5.38%, 01/15/2029(b) |
30,000 | 27,781 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
99 |
||||
|
|
| |||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Health Care Providers & Services-(continued) |
| |||||||
|
ModivCare Escrow Issuer, Inc., 5.00%, 10/01/2029(b)(c) |
$ | 30,000 | $ | 28,284 | ||||
|
Owens & Minor, Inc., 4.50%, 03/31/2029(b) |
30,000 | 28,307 | ||||||
|
Tenet Healthcare Corp., 4.25%, 06/01/2029(b) |
70,000 | 67,645 | ||||||
|
|
|
|||||||
| 274,431 | ||||||||
|
|
|
|||||||
|
Hotels, Restaurants & Leisure-6.98% |
| |||||||
|
1011778 BC ULC/New Red Finance, Inc. (Canada), 3.50%, 02/15/2029(b) |
40,000 | 37,774 | ||||||
|
Bloomin’ Brands, Inc./OSI Restaurant Partners LLC, 5.13%, 04/15/2029(b) |
50,000 | 48,936 | ||||||
|
Boyne USA, Inc., 4.75%, 05/15/2029(b) |
20,000 | 19,822 | ||||||
|
Caesars Entertainment, Inc., 4.63%, 10/15/2029(b) |
70,000 | 66,696 | ||||||
|
Carnival Corp., 6.00%, 05/01/2029(b) |
110,000 | 106,305 | ||||||
|
Carrols Restaurant Group, Inc., 5.88%, 07/01/2029(b) |
10,000 | 8,619 | ||||||
|
Cedar Fair L.P., 5.25%, 07/15/2029(c) |
20,000 | 20,012 | ||||||
|
Everi Holdings, Inc., 5.00%, 07/15/2029(b) |
20,000 | 19,638 | ||||||
|
Hilton Domestic Operating Co., Inc., 3.75%, 05/01/2029(b) |
50,000 | 48,329 | ||||||
|
Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow, Inc., 5.00%, 06/01/2029(b) |
40,000 | 39,260 | ||||||
|
MajorDrive Holdings IV LLC, 6.38%, 06/01/2029(b) |
30,000 | 27,203 | ||||||
|
Marriott Ownership Resorts, Inc., 4.50%, 06/15/2029(b) |
30,000 | 28,462 | ||||||
|
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., 4.88%, 05/01/2029(b) |
60,000 | 58,575 | ||||||
|
Papa John’s International, Inc., 3.88%, 09/15/2029(b) |
30,000 | 27,942 | ||||||
|
Penn National Gaming, Inc., 4.13%, 07/01/2029(b) |
20,000 | 18,522 | ||||||
|
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp., 5.63%, 09/01/2029(b) |
30,000 | 27,254 | ||||||
|
SeaWorld Parks & Entertainment, Inc., 5.25%, 08/15/2029(b) |
45,000 | 43,832 | ||||||
|
|
|
|||||||
| 647,181 | ||||||||
|
|
|
|||||||
|
Household Durables-1.02% |
| |||||||
|
Brookfield Residential Properties, Inc./Brookfield Residential US LLC (Canada), 5.00%, 06/15/2029(b) |
20,000 | 18,850 | ||||||
|
Century Communities, Inc., 3.88%, 08/15/2029(b) |
30,000 | 27,871 | ||||||
|
LGI Homes, Inc., 4.00%, 07/15/2029(b) |
20,000 | 18,694 | ||||||
|
Meritage Homes Corp., 3.88%, 04/15/2029(b) |
20,000 | 19,583 | ||||||
|
Shea Homes L.P./Shea Homes Funding Corp., 4.75%, 04/01/2029(b) |
10,000 | 9,522 | ||||||
|
|
|
|||||||
| 94,520 | ||||||||
|
|
|
|||||||
|
Household Products-0.39% |
| |||||||
|
Energizer Holdings, Inc., 4.38%, 03/31/2029(b)(c) |
40,000 | 36,150 | ||||||
|
|
|
|||||||
|
Independent Power and Renewable Electricity Producers-0.30% |
| |||||||
|
Calpine Corp., 4.63%, 02/01/2029(b) |
30,000 | 27,869 | ||||||
|
|
|
|||||||
|
Industrial Conglomerates-0.40% |
| |||||||
|
Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 4.38%, 02/01/2029 |
40,000 | 37,166 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Insurance-2.32% |
| |||||||
|
Acrisure LLC/Acrisure Finance, Inc. |
| |||||||
|
4.25%, 02/15/2029(b) |
$ | 40,000 | $ | 37,649 | ||||
|
6.00%, 08/01/2029(b) |
30,000 | 27,099 | ||||||
|
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer, 5.88%, 11/01/2029(b) |
40,000 | 37,812 | ||||||
|
AmWINS Group, Inc., 4.88%, 06/30/2029(b) |
30,000 | 28,613 | ||||||
|
AssuredPartners, Inc., 5.63%, 01/15/2029(b) |
30,000 | 27,644 | ||||||
|
BroadStreet Partners, Inc., 5.88%, 04/15/2029(b) . |
30,000 | 27,940 | ||||||
|
HUB International Ltd., 5.63%, 12/01/2029(b) |
30,000 | 28,537 | ||||||
|
|
|
|||||||
| 215,294 | ||||||||
|
|
|
|||||||
|
Interactive Media & Services-0.51% |
| |||||||
|
Audacy Capital Corp., 6.75%, 03/31/2029(b) |
30,000 | 28,479 | ||||||
|
Scripps Escrow II, Inc., 3.88%, 01/15/2029(b) |
20,000 | 18,812 | ||||||
|
|
|
|||||||
| 47,291 | ||||||||
|
|
|
|||||||
|
Internet & Direct Marketing Retail-0.30% |
| |||||||
|
Go Daddy Operating Co. LLC/GD Finance Co., Inc., 3.50%, 03/01/2029(b)(c) |
30,000 | 28,269 | ||||||
|
|
|
|||||||
|
IT Services-2.13% |
| |||||||
|
Clarivate Science Holdings Corp., 4.88%, 07/01/2029(b) |
60,000 | 56,571 | ||||||
|
Conduent Business Services LLC/Conduent State & Local Solutions, Inc., 6.00%, 11/01/2029(b) |
30,000 | 28,555 | ||||||
|
Endurance International Group Holdings, Inc., 6.00%, 02/15/2029(b) |
20,000 | 16,335 | ||||||
|
Gartner, Inc., 3.63%, 06/15/2029(b) |
40,000 | 38,880 | ||||||
|
Twilio, Inc., 3.63%, 03/15/2029 |
30,000 | 28,717 | ||||||
|
ZoomInfo Technologies LLC/ZoomInfo Finance Corp., 3.88%, 02/01/2029(b) |
30,000 | 28,315 | ||||||
|
|
|
|||||||
| 197,373 | ||||||||
|
|
|
|||||||
|
Leisure Products-0.20% |
| |||||||
|
Vista Outdoor, Inc., 4.50%, 03/15/2029(b) |
20,000 | 18,826 | ||||||
|
|
|
|||||||
|
Life Sciences Tools & Services-0.62% |
| |||||||
|
Charles River Laboratories International, Inc., 3.75%, 03/15/2029(b) |
30,000 | 28,851 | ||||||
|
Syneos Health, Inc., 3.63%, 01/15/2029(b) |
30,000 | 28,375 | ||||||
|
|
|
|||||||
| 57,226 | ||||||||
|
|
|
|||||||
|
Machinery-1.05% |
| |||||||
|
Mueller Water Products, Inc., 4.00%, 06/15/2029(b) |
20,000 | 19,127 | ||||||
|
OT Merger Corp., 7.88%, 10/15/2029(b) |
20,000 | 17,852 | ||||||
|
Roller Bearing Co. of America, Inc., 4.38%, 10/15/2029(b) |
30,000 | 28,987 | ||||||
|
Terex Corp., 5.00%, 05/15/2029(b) |
32,000 | 31,738 | ||||||
|
|
|
|||||||
| 97,704 | ||||||||
|
|
|
|||||||
|
Media-5.46% |
| |||||||
|
Altice Financing S.A. (Luxembourg), 5.75%, 08/15/2029(b) |
200,000 | 182,498 | ||||||
|
AMC Networks, Inc., 4.25%, 02/15/2029 |
40,000 | 37,513 | ||||||
|
Liberty Interactive LLC, 8.50%, 07/15/2029 |
20,000 | 19,640 | ||||||
|
McGraw-Hill Education, Inc., 8.00%, 08/01/2029(b) |
40,000 | 35,975 | ||||||
|
Midas Opco Holdings LLC, 5.63%, 08/15/2029(b) |
60,000 | 58,875 | ||||||
|
News Corp., 3.88%, 05/15/2029(b) |
40,000 | 38,370 | ||||||
|
Outfront Media Capital LLC/Outfront Media Capital Corp., 4.25%, 01/15/2029(b) |
20,000 | 19,101 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
100 |
||||
|
|
| |||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Media-(continued) |
||||||||
|
TEGNA, Inc., 5.00%, 09/15/2029 |
$ | 40,000 | $ | 39,967 | ||||
|
Univision Communications, Inc., 4.50%, 05/01/2029(b) |
60,000 | 57,078 | ||||||
|
Videotron Ltd. (Canada), 3.63%, 06/15/2029(b) |
18,000 | 17,156 | ||||||
|
|
|
|||||||
| 506,173 | ||||||||
|
|
|
|||||||
|
Metals & Mining-1.14% |
||||||||
|
Allegheny Technologies, Inc., 4.88%, 10/01/2029 |
30,000 | 29,062 | ||||||
|
Cleveland-Cliffs, Inc., 4.63%, 03/01/2029(b) |
21,000 | 20,299 | ||||||
|
Coeur Mining, Inc., 5.13%, 02/15/2029(b) |
20,000 | 17,669 | ||||||
|
SunCoke Energy, Inc., 4.88%, 06/30/2029(b) |
20,000 | 19,215 | ||||||
|
TMS International Corp., 6.25%, 04/15/2029(b) |
20,000 | 19,256 | ||||||
|
|
|
|||||||
| 105,501 | ||||||||
|
|
|
|||||||
|
Mortgage REITs-0.61% |
||||||||
|
Apollo Commercial Real Estate Finance, Inc., 4.63%, 06/15/2029(b) |
30,000 | 27,127 | ||||||
|
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 06/15/2029(b) |
30,000 | 29,115 | ||||||
|
|
|
|||||||
| 56,242 | ||||||||
|
|
|
|||||||
|
Oil, Gas & Consumable Fuels-6.34% |
||||||||
|
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 5.88%, 06/30/2029(b) |
20,000 | 19,063 | ||||||
|
CNX Resources Corp., 6.00%, 01/15/2029(b) |
31,000 | 31,707 | ||||||
|
Crestwood Midstream Partners L.P./Crestwood Midstream Finance Corp., 6.00%, 02/01/2029(b) |
26,000 | 26,200 | ||||||
|
DCP Midstream Operating L.P., 5.13%, 05/15/2029 |
30,000 | 31,626 | ||||||
|
DT Midstream, Inc., 4.13%, 06/15/2029(b) |
50,000 | 48,463 | ||||||
|
EnLink Midstream LLC, 5.38%, 06/01/2029 |
30,000 | 29,897 | ||||||
|
EQM Midstream Partners L.P., 4.50%, 01/15/2029(b) |
40,000 | 37,419 | ||||||
|
EQT Corp., 5.00%, 01/15/2029 |
20,000 | 21,133 | ||||||
|
Hilcorp Energy I L.P./Hilcorp Finance Co., 5.75%, 02/01/2029(b) |
40,000 | 40,270 | ||||||
|
ITT Holdings LLC, 6.50%, 08/01/2029(b) |
60,000 | 56,339 | ||||||
|
MEG Energy Corp. (Canada), 5.88%, 02/01/2029(b) |
32,000 | 32,394 | ||||||
|
Parkland Corp. (Canada), 4.50%, 10/01/2029(b) |
30,000 | 28,338 | ||||||
|
Rockcliff Energy II LLC, 5.50%, 10/15/2029(b) |
40,000 | 39,709 | ||||||
|
Southwestern Energy Co., 5.38%, 02/01/2029 |
26,000 | 26,780 | ||||||
|
Sunoco L.P./Sunoco Finance Corp., 4.50%, 05/15/2029 |
30,000 | 28,801 | ||||||
|
Teine Energy Ltd. (Canada), 6.88%, 04/15/2029(b) |
40,000 | 40,585 | ||||||
|
Venture Global Calcasieu Pass LLC, 3.88%, 08/15/2029 |
50,000 | 49,036 | ||||||
|
|
|
|||||||
| 587,760 | ||||||||
|
|
|
|||||||
|
Paper & Forest Products-1.42% |
||||||||
|
Glatfelter Corp., 4.75%, 11/15/2029(b) |
25,000 | 23,734 | ||||||
|
Louisiana-Pacific Corp., 3.63%, 03/15/2029(b) |
20,000 | 18,764 | ||||||
|
Mercer International, Inc. (Germany), 5.13%, 02/01/2029 |
60,000 | 58,762 | ||||||
|
Sylvamo Corp., 7.00%, 09/01/2029(b) |
30,000 | 30,103 | ||||||
|
|
|
|||||||
| 131,363 | ||||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Personal Products-0.62% |
||||||||
|
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International US LLC, 4.75%, 01/15/2029(b) |
$ | 40,000 | $ | 38,852 | ||||
|
Edgewell Personal Care Co., 4.13%, 04/01/2029(b) |
20,000 | 18,815 | ||||||
|
|
|
|||||||
| 57,667 | ||||||||
|
|
|
|||||||
|
Pharmaceuticals-2.59% |
||||||||
|
AdaptHealth LLC, 4.63%, 08/01/2029(b) |
30,000 | 27,099 | ||||||
|
Bausch Health Cos., Inc. |
||||||||
|
5.00%, 02/15/2029(b) |
40,000 | 32,371 | ||||||
|
6.25%, 02/15/2029(b) |
50,000 | 42,729 | ||||||
|
7.25%, 05/30/2029(b) |
30,000 | 26,307 | ||||||
|
Catalent Pharma Solutions, Inc., 3.13%, 02/15/2029(b) |
20,000 | 18,550 | ||||||
|
Endo Luxembourg Finance Co. I S.a.r.l./Endo US, Inc., 6.13%, 04/01/2029(b) |
70,000 | 65,726 | ||||||
|
HLF Financing Sarl LLC/Herbalife International, Inc., 4.88%, 06/01/2029(b) |
30,000 | 27,571 | ||||||
|
|
|
|||||||
| 240,353 | ||||||||
|
|
|
|||||||
|
Professional Services-0.60% |
||||||||
|
AMN Healthcare, Inc., 4.00%, 04/15/2029(b) |
10,000 | 9,508 | ||||||
|
Nielsen Finance LLC/Nielsen Finance Co., 4.50%, 07/15/2029(b) |
30,000 | 27,009 | ||||||
|
TriNet Group, Inc., 3.50%, 03/01/2029(b) |
20,000 | 18,846 | ||||||
|
|
|
|||||||
| 55,363 | ||||||||
|
|
|
|||||||
|
Real Estate Management & Development-1.81% |
| |||||||
|
Howard Hughes Corp. (The), 4.13%, 02/01/2029(b) |
50,000 | 47,343 | ||||||
|
Hunt Cos., Inc., 5.25%, 04/15/2029(b) |
30,000 | 28,762 | ||||||
|
Kennedy-Wilson, Inc., 4.75%, 03/01/2029 |
30,000 | 29,363 | ||||||
|
Realogy Group LLC/Realogy Co-Issuer Corp., 5.75%, 01/15/2029(b) |
63,000 | 62,587 | ||||||
|
|
|
|||||||
| 168,055 | ||||||||
|
|
|
|||||||
|
Road & Rail-1.64% |
||||||||
|
Carriage Purchaser, Inc., 7.88%, 10/15/2029(b) |
20,000 | 19,055 | ||||||
|
Hertz Corp. (The), 5.00%, 12/01/2029(b) |
60,000 | 56,044 | ||||||
|
Uber Technologies, Inc., 4.50%, 08/15/2029(b) |
80,000 | 76,742 | ||||||
|
|
|
|||||||
| 151,841 | ||||||||
|
|
|
|||||||
|
Semiconductors & Semiconductor Equipment-0.41% |
|
|||||||
|
Entegris, Inc., 3.63%, 05/01/2029(b) |
20,000 | 18,769 | ||||||
|
Synaptics, Inc., 4.00%, 06/15/2029(b) |
20,000 | 19,315 | ||||||
|
|
|
|||||||
| 38,084 | ||||||||
|
|
|
|||||||
|
Software-2.15% |
||||||||
|
Crowdstrike Holdings, Inc., 3.00%, 02/15/2029 |
40,000 | 37,572 | ||||||
|
Elastic N.V., 4.13%, 07/15/2029(b) |
30,000 | 27,558 | ||||||
|
NCR Corp., 5.13%, 04/15/2029(b) |
70,000 | 68,957 | ||||||
|
Open Text Corp. (Canada), 3.88%, 12/01/2029(b) |
40,000 | 37,812 | ||||||
|
Rocket Software, Inc., 6.50%, 02/15/2029(b) |
30,000 | 27,873 | ||||||
|
|
|
|||||||
| 199,772 | ||||||||
|
|
|
|||||||
|
Specialty Retail-5.89% |
||||||||
|
Arko Corp., 5.13%, 11/15/2029(b) |
20,000 | 18,526 | ||||||
|
Asbury Automotive Group, Inc., 4.63%, 11/15/2029(b) |
60,000 | 58,611 | ||||||
|
At Home Group, Inc., 7.13%, 07/15/2029(b) |
30,000 | 26,825 | ||||||
|
Carvana Co., 4.88%, 09/01/2029(b)(c) |
25,000 | 20,922 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
101 |
||||
|
|
| |||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Specialty Retail-(continued) |
||||||||
|
Foot Locker, Inc., 4.00%, 10/01/2029(b) |
$ | 30,000 | $ | 27,354 | ||||
|
Gap, Inc. (The), 3.63%, 10/01/2029(b) |
50,000 | 45,288 | ||||||
|
LBM Acquisition LLC, 6.25%, 01/15/2029(b) |
40,000 | 37,167 | ||||||
|
LCM Investments Holdings II LLC, 4.88%, 05/01/2029(b) |
50,000 | 47,710 | ||||||
|
Lithia Motors, Inc., 3.88%, 06/01/2029(b) |
60,000 | 59,206 | ||||||
|
Michaels Cos., Inc. (The), 7.88%, 05/01/2029(b) |
60,000 | 52,612 | ||||||
|
Penske Automotive Group, Inc., 3.75%, 06/15/2029 |
20,000 | 18,711 | ||||||
|
Sonic Automotive, Inc., 4.63%, 11/15/2029(b) |
50,000 | 47,542 | ||||||
|
SRS Distribution, Inc. 6.13%, 07/01/2029(b) |
20,000 | 19,134 | ||||||
|
6.00%, 12/01/2029(b) |
50,000 | 47,378 | ||||||
|
Victoria’s Secret & Co., 4.63%, 07/15/2029(b) |
20,000 | 18,833 | ||||||
|
|
|
|||||||
| 545,819 | ||||||||
|
|
|
|||||||
|
Technology Hardware, Storage & Peripherals-0.71% |
| |||||||
|
Seagate HDD Cayman |
||||||||
|
4.09%, 06/01/2029 |
40,000 | 38,572 | ||||||
|
3.13%, 07/15/2029 |
30,000 | 27,375 | ||||||
|
|
|
|||||||
| 65,947 | ||||||||
|
|
|
|||||||
|
Textiles, Apparel & Luxury Goods-0.39% |
| |||||||
|
Crocs, Inc., 4.25%, 03/15/2029(b) |
10,000 | 8,811 | ||||||
|
Wolverine World Wide, Inc., 4.00%, 08/15/2029(b) |
30,000 | 27,631 | ||||||
|
|
|
|||||||
| 36,442 | ||||||||
|
|
|
|||||||
|
Thrifts & Mortgage Finance-0.60% |
||||||||
|
PennyMac Financial Services, Inc., 4.25%, 02/15/2029(b) |
20,000 | 17,927 | ||||||
|
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., 3.63%, 03/01/2029(b) |
40,000 | 37,528 | ||||||
|
|
|
|||||||
| 55,455 | ||||||||
|
|
|
|||||||
|
Tobacco-0.50% |
||||||||
|
Vector Group Ltd., 5.75%, 02/01/2029(b) |
50,000 | 46,212 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
Trading Companies & Distributors-0.61% |
| |||||||
|
Beacon Roofing Supply, Inc., 4.13%, 05/15/2029(b) |
$ | 20,000 | $ | 18,675 | ||||
|
BlueLinx Holdings, Inc., 6.00%, 11/15/2029(b) |
20,000 | 19,528 | ||||||
|
Foundation Building Materials, Inc., 6.00%, 03/01/2029(b) |
20,000 | 18,650 | ||||||
|
|
|
|||||||
| 56,853 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
9,065,525 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.88% |
||||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(d)(e) |
81,540 | 81,540 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
9,147,065 | ||||||
|
|
|
|||||||
| Investments Purchased with
Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-3.18% |
||||||||
|
Invesco Private Government Fund, 0.12%(d)(e)(f) |
88,382 | 88,382 | ||||||
|
Invesco Private Prime Fund, |
206,205 | 206,226 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash |
|
294,608 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-101.81% |
|
9,441,673 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(1.81)% |
|
(167,761 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 9,273,912 | ||||||
|
|
|
|||||||
Investment Abbreviations:
REIT-Real Estate Investment Trust
Notes to Schedule of Investments:
| (a) |
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $8,097,608, which represented 87.32% of the Fund’s Net Assets. |
| (c) |
All or a portion of this security was out on loan at February 28, 2022. |
| (d) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the period ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | - | $ | 791,989 | $ | (710,449 | ) | $ | - | $ | - | $ | 81,540 | $ | 10 | ||||||||||||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
102 |
||||
|
|
| |||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)–(continued) February 28, 2022 (Unaudited) |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
$ | - | $ | 278,116 | $ | (189,734 | ) | $ | - | $ | - | $ | 88,382 | $ | 4 | * | |||||||||||||||||||
|
Invesco Private Prime Fund |
- | 453,309 | (247,066 | ) | (6 | ) | (11 | ) | 206,226 | 23 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | - | $ | 1,523,414 | $ | (1,147,249 | ) | $ | (6 | ) | $ | (11 | ) | $ | 376,148 | $ | 37 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (f) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Consumer Discretionary |
19.04 | |||||
|
Communication Services |
13.94 | |||||
|
Industrials |
12.21 | |||||
|
Health Care |
10.26 | |||||
|
Materials |
8.03 | |||||
|
Financials |
7.77 | |||||
|
Information Technology |
7.69 | |||||
|
Energy |
7.36 | |||||
|
Consumer Staples |
4.91 | |||||
|
Real Estate |
4.58 | |||||
|
Utilities |
1.96 | |||||
|
Money Market Funds Plus Other Assets Less Liabilities |
2.25 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
103 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.60% |
||||||||||||
|
Alabama-0.78% |
||||||||||||
|
Homewood (City of), AL Educational Building Authority
(Samford University), Series 2013 A, |
5.00% | 12/01/2022 | $ | 500 | $ | 515,363 | ||||||
|
|
|
|||||||||||
|
Arizona-0.83% |
||||||||||||
|
Arizona (State of) Department of Transportation State
Highway Fund Revenue, Series 2013 A, |
5.00% | 07/01/2022 | 360 | 365,205 | ||||||||
|
Arizona (State of) Water Infrastructure Finance Authority (Water Quality), Series 2012 A, Ref. RB(a)(b) |
5.00% | 10/01/2022 | 30 | 30,747 | ||||||||
|
Salt River Project Agricultural Improvement & Power District, Series 2012 A, Ref. RB |
5.00% | 12/01/2030 | 35 | 35,367 | ||||||||
|
Salt River Project Agricultural Improvement & Power District, Series 2012 A, Ref. RB |
5.00% | 12/01/2031 | 115 | 116,204 | ||||||||
|
|
|
|||||||||||
| 547,523 | ||||||||||||
|
|
|
|||||||||||
|
Arkansas-0.31% |
||||||||||||
|
Springdale School District No. 50, Series 2017, Ref. GO Bonds |
4.00% | 07/01/2023 | 200 | 201,390 | ||||||||
|
|
|
|||||||||||
|
California-19.49% |
||||||||||||
|
Bay Area Toll Authority (San Francisco Bay Area), Series 2012 F-1, RB(a)(b) |
5.00% | 04/01/2022 | 75 | 75,274 | ||||||||
|
California (State of), Series 2011, Ref. GO Bonds |
5.25% | 09/01/2022 | 570 | 582,784 | ||||||||
|
California (State of), Series 2012, GO Bonds |
5.00% | 04/01/2042 | 100 | 100,319 | ||||||||
|
California (State of), Series 2013, Ref. GO Bonds |
5.00% | 11/01/2022 | 50 | 51,387 | ||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00% | 11/01/2022 | 100 | 102,774 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2022 | 145 | 145,522 | ||||||||
|
California (State of), Series 2021, GO Bonds |
4.00% | 09/01/2022 | 650 | 660,553 | ||||||||
|
California (State of), Series 2021, Ref. GO Bonds |
5.00% | 12/01/2022 | 200 | 206,191 | ||||||||
|
California (State of) (Bid Group B), Series 2016, Ref. GO Bonds |
5.00% | 08/01/2022 | 65 | 66,158 | ||||||||
|
California (State of) Department of Water Resources, Series 2013 AM, RB |
5.00% | 12/01/2022 | 160 | 165,075 | ||||||||
|
California (State of) Department of Water Resources, Series 2015 O, Ref. RB(a) |
5.00% | 05/01/2022 | 400 | 402,948 | ||||||||
|
California (State of) Department of Water Resources, Series 2020 BB, Ref. RB |
5.00% | 12/01/2022 | 500 | 515,860 | ||||||||
|
California (State of) Health Facilities Financing Authority (Lucile Salter Packard Children’s Hospital at Stanford), Series 2012, RB(a) |
5.00% | 08/15/2051 | 300 | 305,873 | ||||||||
|
California (State of) Public Works Board (Department of Corrections & Rehabilitation), Series 2012, Ref. RB(a) |
5.00% | 06/01/2027 | 100 | 101,090 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2012 A, RB(a)(b) |
5.00% | 04/01/2022 | 50 | 50,183 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2012 A, RB(a)(b) |
5.00% | 04/01/2022 | 155 | 155,567 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2012 G, Ref. RB(a) |
5.00% | 11/01/2030 | 135 | 138,810 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2012 G, Ref. RB(a) |
5.00% | 11/01/2037 | 155 | 159,374 | ||||||||
|
California (State of) Statewide Communities Development Authority (Episcopal Communities and Services), Series 2012, Ref. RB |
5.00% | 05/15/2047 | 100 | 100,728 | ||||||||
|
California State University, Series 2012 A, RB(a)(b) |
5.00% | 11/01/2022 | 350 | 359,877 | ||||||||
|
Centinela Valley Union High School District (Election of 2010), Series 2012 B, GO Bonds(c) |
5.00% | 08/01/2050 | 60 | 61,076 | ||||||||
|
Coachella Valley Unified School District (2005 Election), Series 2012 D, GO Bonds(a)(b) |
5.00% | 08/01/2022 | 245 | 249,436 | ||||||||
|
Long Beach Unified School District (Election of 2016), Series 2019 B, GO Bonds |
5.00% | 08/01/2022 | 30 | 30,547 | ||||||||
|
Los Angeles (City of), CA, Series 2012 B, Ref. RB |
5.00% | 06/01/2030 | 610 | 616,478 | ||||||||
|
Los Angeles (City of), CA, Series 2012 B, Ref. RB |
5.00% | 06/01/2031 | 145 | 146,533 | ||||||||
|
Los Angeles (City of), CA, Series 2012 C, Ref. RB |
5.00% | 06/01/2025 | 135 | 136,468 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2012 A, RB |
5.00% | 07/01/2043 | 200 | 202,588 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2013 A, RB |
5.00% | 07/01/2022 | 100 | 101,439 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2017 B, Ref. RB |
5.00% | 07/01/2022 | 30 | 30,440 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds |
5.00% | 08/01/2022 | 150 | 152,767 | ||||||||
|
Los Angeles Community College District, Series 2015 C, Ref. GO Bonds |
5.00% | 08/01/2022 | 45 | 45,830 | ||||||||
|
Los Angeles Unified School District, Series 2017 A, Ref. GO Bonds |
5.00% | 07/01/2022 | 55 | 55,808 | ||||||||
|
Los Angeles Unified School District, Series 2019 A, Ref. GO Bonds |
5.00% | 07/01/2022 | 205 | 208,012 | ||||||||
|
Metropolitan Water District of Southern California, Series 2012 G, Ref. RB |
5.00% | 07/01/2028 | 40 | 40,538 | ||||||||
|
Metropolitan Water District of Southern California, Series 2017 B, Ref. RB |
5.00% | 08/01/2022 | 135 | 136,943 | ||||||||
|
Mount Diablo Unified School District (Election of 2010), Series 2012 E, GO Bonds(a) |
5.00% | 06/01/2037 | 300 | 305,406 | ||||||||
|
M-S-R Public Power Agency, Series 2018 R, Ref. RB |
5.00% | 07/01/2022 | 75 | 76,072 | ||||||||
|
San Buenaventura (City of), CA Public Facilities Financing Authority, Series 2012 B, RB(a)(b) |
5.00% | 07/01/2022 | 40 | 40,584 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
104 |
||||
|
|
|
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
California-(continued) |
||||||||||||
|
San Diego (City of), CA Public Facilities Financing Authority (Capital Improvement), Series 2012 A, RB(a)(b) |
5.00% | 04/15/2022 | $ | 1,000 | $ | 1,005,422 | ||||||
|
San Diego (County of), CA Regional Transportation Commission, Series 2012 A, RB(a)(b) |
5.00% | 04/01/2022 | 100 | 100,366 | ||||||||
|
San Diego (County of), CA Regional Transportation Commission, Series 2021 A, Ref. RB |
5.00% | 10/01/2022 | 20 | 20,490 | ||||||||
|
San Diego (County of), CA Water Authority, Series 2013, Ref. RB(a)(b) |
5.00% | 11/01/2022 | 2,745 | 2,822,462 | ||||||||
|
San Diego Unified School District (Measure YY), Series 2020 D-2, GO Bonds |
5.00% | 07/01/2022 | 150 | 152,144 | ||||||||
|
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2012, Ref. RB(a)(b) |
5.00% | 05/02/2022 | 115 | 115,852 | ||||||||
|
San Francisco (City of), CA Public Utilities Commission, Series 2012, RB(a)(b) |
5.00% | 05/01/2022 | 1,000 | 1,007,370 | ||||||||
|
San Jose (City of), CA Redevelopment Agency Successor Agency, Series 2017 B, Ref. RB |
5.00% | 08/01/2022 | 100 | 101,748 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2015 A, Ref. RB |
5.00% | 07/01/2022 | 155 | 157,267 | ||||||||
|
University of California, Series 2012 G, RB(a)(b) |
5.00% | 05/15/2022 | 10 | 10,090 | ||||||||
|
University of California, Series 2012 G, RB(a)(b) |
5.00% | 05/15/2022 | 5 | 5,045 | ||||||||
|
University of California, Series 2012, RB(a)(b) |
5.00% | 05/15/2022 | 165 | 166,491 | ||||||||
|
Ventura (County of), CA Public Financing Authority, Series 2013 A, RB(a)(b) |
4.00% | 11/01/2022 | 60 | 61,297 | ||||||||
|
|
|
|||||||||||
| 12,809,356 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-1.23% |
||||||||||||
|
Colorado (State of), Series 2020 A, COP |
5.00% | 12/15/2022 | 100 | 103,323 | ||||||||
|
Colorado (State of) Health Facilities Authority (Covenant Retirement Communities), Series 2012 A, Ref. RB(a)(b) |
5.00% | 12/01/2022 | 110 | 113,464 | ||||||||
|
Denver City & County School District No. 1, Series 2021, GO Bonds |
5.00% | 12/01/2022 | 500 | 516,052 | ||||||||
|
Regional Transportation District (Fastracks), Series 2012 A, RB(a)(b) |
5.00% | 11/01/2022 | 25 | 25,705 | ||||||||
|
University of Colorado, Series 2012 A-1, Ref. RB(a)(b) |
5.00% | 06/01/2022 | 50 | 50,551 | ||||||||
|
|
|
|||||||||||
| 809,095 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-0.54% |
||||||||||||
|
Connecticut (State of) Health & Educational Facilities Authority (Yale University), Series 2017 A-1, Ref. RB(b) |
5.00% | 07/01/2022 | 200 | 202,925 | ||||||||
|
South Central Connecticut Regional Water Authority, Twenty Seventh Series 2012, Ref. RB(a)(b) |
5.00% | 08/01/2022 | 150 | 152,716 | ||||||||
|
|
|
|||||||||||
| 355,641 | ||||||||||||
|
|
|
|||||||||||
|
District of Columbia-0.69% |
||||||||||||
|
District of Columbia, Series 2012 C, RB |
5.00% | 12/01/2026 | 115 | 118,490 | ||||||||
|
District of Columbia, Series 2012 C, RB |
5.00% | 12/01/2029 | 150 | 154,460 | ||||||||
|
Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement), Series 2014 A, Ref. RB(a)(b) |
5.00% | 04/01/2022 | 180 | 180,651 | ||||||||
|
|
|
|||||||||||
| 453,601 | ||||||||||||
|
|
|
|||||||||||
|
Florida-6.54% |
||||||||||||
|
Florida (State of) (Capital Outlay), Series 2012 C, Ref. GO Bonds(a)(b) |
4.00% | 06/01/2022 | 700 | 705,991 | ||||||||
|
Florida (State of) (Capital Outlay), Series 2012 C, Ref. GO Bonds(a)(b) |
4.00% | 06/01/2022 | 100 | 100,856 | ||||||||
|
Florida (State of) (Capital Outlay), Series 2013 B, Ref. GO Bonds(a)(b) |
4.00% | 06/01/2022 | 360 | 363,036 | ||||||||
|
Florida (State of) Municipal Power Agency (St. Lucie), Series 2012 A, RB(a) |
5.00% | 10/01/2026 | 175 | 179,284 | ||||||||
|
JEA Electric System, Series 2013 A, RB |
5.00% | 10/01/2022 | 100 | 102,473 | ||||||||
|
JEA Water & Sewer System, Series 2017 A, Ref. RB |
3.25% | 10/01/2036 | 100 | 100,884 | ||||||||
|
Miami-Dade (County of), FL, Series 2012 A, Ref. RB(a)(b) |
5.00% | 10/01/2022 | 500 | 512,455 | ||||||||
|
Miami-Dade (County of), FL, Series 2012 B, Ref. RB(a)(b) |
5.00% | 10/01/2022 | 100 | 102,491 | ||||||||
|
Miami-Dade (County of), FL Expressway Authority, Series 2013 A, RB |
5.00% | 07/01/2029 | 1,000 | 1,013,447 | ||||||||
|
Miami-Dade (County of), FL Transit System, Series 2012, RB(a)(b) |
5.00% | 07/01/2022 | 1,000 | 1,014,594 | ||||||||
|
Volusia County School Board, Series 2019, COP |
5.00% | 08/01/2022 | 100 | 101,798 | ||||||||
|
|
|
|||||||||||
| 4,297,309 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-0.52% |
||||||||||||
|
Albany-Dougherty (County of), GA Hospital Authority, Series 2012, RB |
4.00% | 12/01/2042 | 25 | 25,409 | ||||||||
|
Georgia (State of), Series 2012 A, GO Bonds |
5.00% | 07/01/2024 | 80 | 81,116 | ||||||||
|
Georgia (State of) Road & Tollway Authority (Garvee), Series 2020, RB |
5.00% | 06/01/2022 | 50 | 50,548 | ||||||||
|
Metropolitan Atlanta Rapid Transit Authority, Series 2012 A, Ref. RB(a)(b) |
4.00% | 07/01/2022 | 180 | 182,003 | ||||||||
|
|
|
|||||||||||
| 339,076 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
105 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Guam-2.39% |
||||||||||||
|
Guam (Territory of) Power Authority, Series 2012 A, Ref. RB, (INS - AGM)(d) |
5.00% | 10/01/2027 | $ | 535 | $ | 546,173 | ||||||
|
Guam (Territory of) Power Authority, Series 2012 A, Ref. RB, (INS - AGM)(d) |
5.00% | 10/01/2030 | 1,000 | 1,021,074 | ||||||||
|
|
|
|||||||||||
| 1,567,247 | ||||||||||||
|
|
|
|||||||||||
|
Hawaii-1.54% |
||||||||||||
|
Honolulu (City & County of), HI, Series 2012 A, RB(a)(b) |
5.00% | 07/01/2022 | 1,000 | 1,014,594 | ||||||||
|
|
|
|||||||||||
|
Illinois-3.27% |
||||||||||||
|
Chicago (City of), IL, Series 2012, RB |
5.00% | 11/01/2042 | 200 | 204,778 | ||||||||
|
Cook (County of), IL, Series 2012 C, Ref. GO Bonds |
5.00% | 11/15/2024 | 15 | 15,417 | ||||||||
|
Cook (County of), IL, Series 2012 C, Ref. GO Bonds |
5.00% | 11/15/2029 | 70 | 71,856 | ||||||||
|
Cook (County of), IL, Series 2021 A, Ref. GO Bonds |
5.00% | 11/15/2022 | 100 | 102,888 | ||||||||
|
Cook (County of), IL Forest Preserve District, Series 2012 C, GO Bonds |
5.00% | 12/15/2037 | 50 | 50,562 | ||||||||
|
Illinois (State of), Series 2012, Ref. GO Bonds |
5.00% | 08/01/2024 | 20 | 20,347 | ||||||||
|
Illinois (State of), Series 2012, Ref. GO Bonds |
4.00% | 08/01/2025 | 25 | 25,323 | ||||||||
|
Illinois (State of), Series 2013, RB |
5.00% | 06/15/2022 | 100 | 101,220 | ||||||||
|
Illinois (State of), Series 2016 C, Ref. RB |
5.00% | 06/15/2022 | 105 | 106,270 | ||||||||
|
Illinois (State of), Series 2019 A, GO Bonds |
5.00% | 11/01/2022 | 75 | 76,991 | ||||||||
|
Illinois (State of), Series 2021 A, GO Bonds |
5.00% | 03/01/2022 | 100 | 100,000 | ||||||||
|
Illinois (State of) Finance Authority (Centegra Health System), Series 2012, RB(a)(b) |
5.00% | 09/01/2022 | 1,000 | 1,021,038 | ||||||||
|
Metropolitan Water Reclamation District of Greater Chicago, Series 2015 D, Ref. GO Bonds |
5.00% | 12/01/2022 | 80 | 82,532 | ||||||||
|
Springfield (City of), IL, Series 2012, Ref. RB(a)(b) |
5.00% | 03/01/2022 | 170 | 170,000 | ||||||||
|
|
|
|||||||||||
| 2,149,222 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-0.48% |
||||||||||||
|
Indiana (State of) Finance Authority (University Health), Series 2016 A, Ref. RB |
5.00% | 12/01/2022 | 110 | 113,489 | ||||||||
|
Indianapolis (City of), IN Department of Public Utilities, Series 2020 A, Ref. RB |
5.00% | 08/15/2022 | 200 | 203,953 | ||||||||
|
|
|
|||||||||||
| 317,442 | ||||||||||||
|
|
|
|||||||||||
|
Louisiana-0.55% |
||||||||||||
|
Louisiana (State of), Series 2012 A, GO Bonds(a)(b) |
5.00% | 08/01/2022 | 80 | 81,448 | ||||||||
|
Louisiana (State of), Series 2012 C, Ref. GO Bonds |
5.00% | 07/15/2022 | 175 | 177,842 | ||||||||
|
Louisiana State Citizens Property Insurance Corp., Series 2015, Ref. RB, (INS - AGM)(d) |
5.00% | 06/01/2022 | 100 | 101,095 | ||||||||
|
|
|
|||||||||||
| 360,385 | ||||||||||||
|
|
|
|||||||||||
|
Maryland-1.10% |
||||||||||||
|
Maryland (State of), Second Series 2014 B, GO Bonds(a)(b) |
5.00% | 08/01/2022 | 100 | 101,811 | ||||||||
|
Maryland (State of), Second Series 2018 B, GO Bonds |
5.00% | 08/01/2022 | 120 | 122,188 | ||||||||
|
Maryland (State of) Department of Transportation (Second Issue), Series 2018, RB |
5.00% | 10/01/2022 | 315 | 322,865 | ||||||||
|
Montgomery (County of), MD, Series 2014 A, GO Bonds |
5.00% | 11/01/2022 | 90 | 92,558 | ||||||||
|
Montgomery (County of), MD, Series 2016 A, GO Bonds |
5.00% | 12/01/2022 | 80 | 82,538 | ||||||||
|
|
|
|||||||||||
| 721,960 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-2.52% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2013 A, RB(a)(b) |
5.00% | 06/15/2022 | 25 | 25,319 | ||||||||
|
Massachusetts (Commonwealth of), Series 2014 C, GO Bonds |
5.00% | 07/01/2022 | 100 | 101,469 | ||||||||
|
Massachusetts (Commonwealth of), Series 2014 C, GO Bonds(a)(b) |
5.00% | 07/01/2022 | 20 | 20,292 | ||||||||
|
Massachusetts (Commonwealth of), Series 2016 H, GO Bonds |
5.00% | 12/01/2022 | 180 | 185,682 | ||||||||
|
Massachusetts (Commonwealth of) (Green Bonds), Series 2014 E, GO Bonds |
5.00% | 09/01/2031 | 240 | 245,061 | ||||||||
|
Massachusetts (State of) Bay Transportation Authority, Series 2020, RB |
5.00% | 07/01/2022 | 500 | 507,280 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Partners Healthcare System), Series 2017, Ref. RB |
5.00% | 07/01/2022 | 200 | 202,912 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2012 A, Ref. RB(a)(b) |
5.00% | 08/15/2022 | 5 | 5,097 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2012 A, Ref. RB(a)(b) |
5.00% | 08/15/2022 | 70 | 71,387 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2012 A, Ref. RB |
5.00% | 08/15/2024 | 245 | 249,740 | ||||||||
|
Massachusetts Clean Water Trust (The), Series 2014, Ref. RB |
5.00% | 08/01/2022 | 40 | 40,729 | ||||||||
|
|
|
|||||||||||
| 1,654,968 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-3.43% |
||||||||||||
|
Detroit (City of), MI Water and Sewerage Department, Series 2012 A, Ref. RB(a)(b) |
5.25% | 07/01/2022 | 500 | 507,709 | ||||||||
|
Michigan (State of) Finance Authority (Trinity Health Corp.), Series 2015 A, Ref. RB(a)(b) |
5.00% | 06/01/2022 | 210 | 212,315 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
106 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||
|
Michigan-(continued) |
||||||||||||
|
Michigan (State of) Finance Authority (Trinity Health Credit Group), Series 2017 A, Ref. RB(a)(b) |
5.00% | 12/01/2022 | $ | 1,000 | $ | 1,031,109 | ||||||
|
Michigan (State of) Hospital Finance Authority (Trinity Health Credit Group), Series 2009 B, RB(a)(b) |
5.00% | 06/01/2022 | 500 | 505,449 | ||||||||
|
|
|
|||||||||||
| 2,256,582 | ||||||||||||
|
|
|
|||||||||||
|
Minnesota-1.95% |
||||||||||||
|
Minnesota (State of), Series 2013 F, Ref. GO Bonds |
5.00% | 10/01/2022 | 1,000 | 1,025,088 | ||||||||
|
Minnesota (State of), Series 2016 D, Ref. GO Bonds |
5.00% | 08/01/2022 | 250 | 254,558 | ||||||||
|
|
|
|||||||||||
| 1,279,646 | ||||||||||||
|
|
|
|||||||||||
|
Missouri-0.25% |
||||||||||||
|
Springfield (City of), MO, Series 2015, Ref. RB |
5.00% | 08/01/2022 | 160 | 162,850 | ||||||||
|
|
|
|||||||||||
|
Nebraska-0.37% |
||||||||||||
|
Central Plains Energy Project (No. 3), Series 2012, RB(c) |
5.00% | 09/01/2042 | 240 | 244,709 | ||||||||
|
|
|
|||||||||||
|
Nevada-2.35% |
||||||||||||
|
Clark (County of), NV, Series 2012, Ref. GO Bonds |
4.00% | 06/01/2030 | 200 | 201,566 | ||||||||
|
Clark County School District, Series 2017 A, Ref. GO Bonds |
5.00% | 06/15/2022 | 325 | 329,012 | ||||||||
|
Las Vegas Valley Water District, Series 2012 B, GO Bonds(a)(b) |
5.00% | 06/01/2022 | 1,000 | 1,010,897 | ||||||||
|
|
|
|||||||||||
| 1,541,475 | ||||||||||||
|
|
|
|||||||||||
|
New Jersey-2.99% |
||||||||||||
|
Essex (County of), NJ Improvement Authority, Series 2007, Ref. RB, (INS - AMBAC)(d) |
5.25% | 12/15/2022 | 115 | 119,055 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2012, Ref. RB(a) |
5.00% | 06/15/2022 | 110 | 111,387 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2015 XX, Ref. RB |
5.00% | 06/15/2022 | 220 | 222,645 | ||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (Barnabas Health), Series 2012 A, Ref. RB(a)(b) |
5.00% | 07/01/2022 | 100 | 101,442 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2006 A, RB |
5.25% | 12/15/2022 | 135 | 139,402 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2006 A, RB |
5.50% | 12/15/2022 | 200 | 206,912 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2012 A, RB(a) |
5.00% | 06/15/2042 | 100 | 101,247 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2012 AA, RB(a) |
4.00% | 06/15/2030 | 55 | 55,521 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2012 AA, RB(a) |
4.00% | 06/15/2031 | 25 | 25,237 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2012 AA, RB(a) |
5.00% | 06/15/2038 | 265 | 268,265 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2013 A, RB(a)(b) |
5.00% | 07/01/2022 | 100 | 101,459 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2013 A, RB(a)(b) |
5.00% | 07/01/2022 | 195 | 197,846 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2013 A, RB(a)(b) |
5.00% | 07/01/2022 | 210 | 213,065 | ||||||||
|
North Hudson Sewerage Authority, Series 2012 A, COP(a)(b) |
5.00% | 06/01/2022 | 100 | 101,090 | ||||||||
|
|
|
|||||||||||
| 1,964,573 | ||||||||||||
|
|
|
|||||||||||
|
New York-15.92% |
||||||||||||
|
Long Island (City of), NY Power Authority, Series 2012 A, RB(a)(b) |
5.00% | 09/01/2022 | 135 | 137,895 | ||||||||
|
Long Island (City of), NY Power Authority, Series 2012 A, RB(a)(b) |
5.00% | 09/01/2022 | 105 | 107,251 | ||||||||
|
Long Island (City of), NY Power Authority, Series 2012 A, RB |
5.00% | 09/01/2037 | 160 | 163,212 | ||||||||
|
Metropolitan Transportation Authority, Series 2012 A, Ref. RB |
5.00% | 11/15/2027 | 200 | 205,884 | ||||||||
|
Metropolitan Transportation Authority, Series 2012 A, Ref. RB |
5.00% | 11/15/2031 | 250 | 257,283 | ||||||||
|
Metropolitan Transportation Authority, Series 2012 D, Ref. RB |
5.00% | 11/15/2025 | 200 | 205,315 | ||||||||
|
Metropolitan Transportation Authority, Series 2012 E, RB |
4.00% | 11/15/2038 | 185 | 188,231 | ||||||||
|
Metropolitan Transportation Authority, Series 2012 F, Ref. RB |
5.00% | 11/15/2025 | 250 | 256,643 | ||||||||
|
Metropolitan Transportation Authority, Series 2014 A-2, RB |
5.00% | 11/15/2022 | 25 | 25,702 | ||||||||
|
Metropolitan Transportation Authority, Subseries 2015 A-1, RB |
5.00% | 11/15/2022 | 100 | 102,806 | ||||||||
|
New York & New Jersey (States of) Port Authority, One Hundred Seventy Fifth Series 2012, RB |
4.00% | 12/01/2026 | 500 | 511,497 | ||||||||
|
New York (City of), NY, Series 2012 B, GO Bonds |
5.00% | 08/01/2024 | 25 | 25,436 | ||||||||
|
New York (City of), NY, Series 2012 F, Ref. GO Bonds |
5.00% | 08/01/2027 | 100 | 100,352 | ||||||||
|
New York (City of), NY, Series 2014 A, Ref. GO Bonds |
5.00% | 08/01/2022 | 100 | 101,802 | ||||||||
|
New York (City of), NY, Series 2015 A, Ref. GO Bonds |
5.00% | 08/01/2022 | 100 | 101,802 | ||||||||
|
New York (City of), NY, Series 2016 B-1, GO Bonds |
5.00% | 12/01/2022 | 20 | 20,627 | ||||||||
|
New York (City of), NY, Series 2016 C, Ref. GO Bonds |
5.00% | 08/01/2022 | 1,100 | 1,119,824 | ||||||||
|
New York (City of), NY, Subseries 2012 A-1, GO Bonds(a)(b) |
5.00% | 10/01/2022 | 100 | 102,491 | ||||||||
|
New York (City of), NY, Subseries 2012 A-1, GO Bonds |
4.00% | 10/01/2029 | 25 | 25,460 | ||||||||
|
New York (City of), NY, Subseries 2012 G-1, GO Bonds(a)(b) |
5.00% | 04/01/2022 | 300 | 301,097 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2012 EE, RB |
4.00% | 06/15/2039 | 245 | 247,198 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
107 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2003-21A, RB |
5.00% | 11/01/2022 | $ | 1,000 | $ | 1,027,880 | ||||||
|
New York (City of), NY Transitional Finance Authority, Series 2020 D, RB |
5.00% | 11/01/2022 | 500 | 513,940 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2012 C-1, RB |
5.00% | 11/01/2025 | 100 | 102,788 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2012 F-1, RB |
5.00% | 05/01/2034 | 100 | 100,724 | ||||||||
|
New York (State of) Dormitory Authority, Series 2005 A, RB, (INS - AMBAC)(d) |
5.50% | 05/15/2022 | 600 | 606,068 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 03/15/2022 | 100 | 100,165 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, RB |
5.00% | 10/01/2022 | 130 | 133,215 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 A, RB, (INS - AGM)(d) |
5.00% | 10/01/2022 | 1,000 | 1,024,496 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 A, Ref. RB |
5.00% | 09/15/2022 | 1,000 | 1,023,280 | ||||||||
|
New York (State of) Power Authority, Series 2011 A, RB(a) |
5.00% | 11/15/2022 | 100 | 102,987 | ||||||||
|
New York State Environmental Facilities Corp. (NYC Municipal Water Fund), Series 2012 D, RB |
5.00% | 06/15/2024 | 200 | 202,627 | ||||||||
|
New York Transportation Development Corp. (Terminal 4 JFK International Airport), Series 2020, Ref. RB |
5.00% | 12/01/2022 | 100 | 102,646 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(a) |
5.00% | 10/15/2022 | 600 | 615,944 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB |
5.00% | 11/15/2022 | 250 | 257,400 | ||||||||
|
Utility Debt Securitization Authority, Series 2016 B, Ref. RB |
5.00% | 06/15/2024 | 135 | 136,655 | ||||||||
|
Utility Debt Securitization Authority, Series 2016 B, Ref. RB |
5.00% | 12/15/2024 | 100 | 103,178 | ||||||||
|
|
|
|||||||||||
| 10,461,801 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-2.37% |
||||||||||||
|
North Carolina (State of) (Garvee), Series 2017, Ref. RB |
5.00% | 03/01/2022 | 100 | 100,000 | ||||||||
|
North Carolina (State of) Capital Facilities Finance Agency (Duke University), Series 2007 C, Ref. RB(a)(b) |
5.00% | 04/01/2022 | 400 | 401,463 | ||||||||
|
North Carolina (State of) Medical Care Commission (Duke University Health System), Series 2012 A, RB(a)(b) |
5.00% | 06/01/2022 | 775 | 783,543 | ||||||||
|
North Carolina (State of) Medical Care Commission (Novant Health), Series 2013, Ref. RB |
4.00% | 11/01/2046 | 100 | 101,711 | ||||||||
|
North Carolina (State of) Medical Care Commission (Wakemed), Series 2012 A, Ref. RB(a)(b) |
4.13% | 10/01/2022 | 165 | 168,129 | ||||||||
|
|
|
|||||||||||
| 1,554,846 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-2.57% |
||||||||||||
|
Allen (County of), OH (Catholic Health Partners), Series 2012 A, Ref. RB(a)(b) |
5.00% | 05/01/2022 | 100 | 100,737 | ||||||||
|
Columbus (City of), OH, Series 2012 A, GO Bonds(a)(b) |
5.00% | 08/15/2022 | 110 | 112,179 | ||||||||
|
Columbus (City of), OH, Series 2021 A, GO Bonds |
5.00% | 04/01/2022 | 100 | 100,368 | ||||||||
|
Hamilton (County of), OH (Christ Hospital), Series 2012, RB(a)(b) |
5.00% | 06/01/2022 | 1,000 | 1,010,898 | ||||||||
|
Ohio (State of), Series 2015 B, GO Bonds(a)(b) |
5.00% | 06/15/2022 | 65 | 65,829 | ||||||||
|
Ohio (State of) (Garvee), Series 2012 1, RB(a)(b) |
5.00% | 06/15/2022 | 295 | 298,721 | ||||||||
|
|
|
|||||||||||
| 1,688,732 | ||||||||||||
|
|
|
|||||||||||
|
Oregon-0.61% |
||||||||||||
|
Hillsboro School District No. 1J, Series 2012, Ref. GO Bonds(a)(b) |
4.00% | 06/15/2022 | 200 | 201,981 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2012 A, Ref. RB(a)(b) |
5.00% | 11/15/2022 | 195 | 200,824 | ||||||||
|
|
|
|||||||||||
| 402,805 | ||||||||||||
|
|
|
|||||||||||
|
Pennsylvania-3.27% |
||||||||||||
|
Lehigh (County of), PA (Lehigh Valley Health Network), Series 2012, RB |
3.25% | 07/01/2032 | 200 | 200,747 | ||||||||
|
Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (La Salle University), Series 2012, RB |
5.00% | 05/01/2037 | 400 | 403,937 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2012 B, RB(a)(b) |
5.00% | 12/01/2022 | 105 | 108,307 | ||||||||
|
Philadelphia (City of), PA, Series 2012, Ref. RB(a)(b) |
5.00% | 11/01/2022 | 400 | 411,152 | ||||||||
|
Pittsburgh (City of), PA, Series 2012 B, GO Bonds(a)(b) |
5.00% | 09/01/2022 | 1,000 | 1,021,544 | ||||||||
|
|
|
|||||||||||
| 2,145,687 | ||||||||||||
|
|
|
|||||||||||
|
Rhode Island-0.66% |
||||||||||||
|
Rhode Island Health and Educational Building Corp. (Brown University), Series 2012, RB |
5.00% | 09/01/2022 | 425 | 434,221 | ||||||||
|
|
|
|||||||||||
|
Tennessee-2.41% |
||||||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2017, GO Bonds |
5.00% | 07/01/2022 | 400 | 405,811 | ||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2021 A, Ref. GO Bonds |
5.00% | 07/01/2022 | 50 | 50,726 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
108 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Tennessee-(continued) |
||||||||||||
|
Tennessee State School Bond Authority, Series 2013 A, RB(a)(b) |
5.00% | 11/01/2022 | $ | 1,000 | $ | 1,027,880 | ||||||
|
Wilson (County of), TN, Series 2012, Ref. GO Bonds |
5.00% | 04/01/2022 | 100 | 100,370 | ||||||||
|
|
|
|||||||||||
| 1,584,787 | ||||||||||||
|
|
|
|||||||||||
|
Texas-5.80% |
||||||||||||
|
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2013 B, RB |
5.00% | 11/01/2044 | 200 | 205,048 | ||||||||
|
Dallas (City of), TX, Series 2012 A, Ref. RB(a)(b) |
5.00% | 10/01/2022 | 200 | 204,982 | ||||||||
|
Dallas (City of), TX Independent School District, Series 2012, Ref. GO Bonds(a)(b) |
4.00% | 08/15/2022 | 500 | 507,647 | ||||||||
|
Harris (County of), TX, Series 2012 A, Ref. GO Bonds |
5.00% | 10/01/2024 | 360 | 368,989 | ||||||||
|
Houston (City of), TX, Series 2012 D, Ref. RB(a)(b) |
4.00% | 11/15/2022 | 170 | 173,828 | ||||||||
|
Houston (City of), TX, Series 2012 D, Ref. RB(a)(b) |
4.00% | 11/15/2022 | 130 | 132,927 | ||||||||
|
Lower Colorado River Authority, Series 2012 A, Ref. RB(a) |
5.00% | 05/15/2039 | 500 | 504,455 | ||||||||
|
Lower Colorado River Authority (LCRA Transmission Services Corp.), Series 2020, Ref. RB |
5.00% | 05/15/2022 | 200 | 201,829 | ||||||||
|
Lower Colorado River Authority (LCRA Transmission Services Corp.), Series 2021, Ref. RB |
5.00% | 05/15/2022 | 200 | 201,829 | ||||||||
|
North Central Texas Health Facility Development Corp. (Children’s Medical Center Dallas), Series 2012, RB(a)(b) |
5.00% | 08/15/2022 | 100 | 101,958 | ||||||||
|
San Antonio Public Facilities Corp., Series 2012, Ref. RB |
4.00% | 09/15/2042 | 500 | 506,290 | ||||||||
|
Texas (State of), Series 2014 A, Ref. GO Bonds |
5.00% | 10/01/2022 | 100 | 102,491 | ||||||||
|
Texas (State of) Transportation Commission (Central Texas Turnpike System), Series 2012 A, Ref. RB(a)(b) |
5.00% | 08/15/2022 | 250 | 254,894 | ||||||||
|
Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021, Ref. RB |
5.00% | 12/15/2022 | 100 | 102,754 | ||||||||
|
University of Texas Pernanent Fund (Permanent University Fund Boards), Series 2007 B, Ref. RB |
5.25% | 07/01/2022 | 240 | 243,724 | ||||||||
|
|
|
|||||||||||
| 3,813,645 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.15% |
||||||||||||
|
Utah (State of), Series 2020, GO Bonds |
5.00% | 07/01/2022 | 100 | 101,473 | ||||||||
|
|
|
|||||||||||
|
Virginia-3.59% |
||||||||||||
|
Fairfax (County of), VA Economic Development Authority (Public Uses Complex), Series 2014, Ref. RB . |
5.00% | 05/15/2022 | 200 | 201,829 | ||||||||
|
Fairfax (County of), VA Industrial Development Authority (Inova Health System), Series 2012, RB |
5.00% | 05/15/2040 | 100 | 100,894 | ||||||||
|
Hampton Roads Transportation Accountability Commission, Series 2019 A, RB |
5.00% | 07/01/2022 | 500 | 507,364 | ||||||||
|
University of Virginia, Series 2013, RB(a)(b) |
5.00% | 12/01/2022 | 1,500 | 1,547,237 | ||||||||
|
|
|
|||||||||||
| 2,357,324 | ||||||||||||
|
|
|
|||||||||||
|
Washington-5.41% |
||||||||||||
|
Energy Northwest (No. 1), Series 2017 A, Ref. RB |
5.00% | 07/01/2026 | 160 | 162,286 | ||||||||
|
Seattle (Port of), WA, Series 2012 A, Ref. RB |
5.00% | 08/01/2031 | 1,000 | 1,016,631 | ||||||||
|
Washington (State of), Series 2012 C, Ref. GO Bonds |
5.00% | 07/01/2024 | 320 | 324,638 | ||||||||
|
Washington (State of), Series 2012 R, Ref. GO Bonds |
5.00% | 07/01/2022 | 200 | 202,966 | ||||||||
|
Washington (State of), Series 2012, Ref. GO Bonds |
3.00% | 07/01/2028 | 40 | 40,271 | ||||||||
|
Washington (State of), Series 2015 A-1, GO Bonds |
5.00% | 08/01/2022 | 1,000 | 1,018,401 | ||||||||
|
Washington (State of) (Senior 520 Corridor Program), Series 2012 F, RB |
5.00% | 09/01/2022 | 150 | 153,201 | ||||||||
|
Washington (State of) (Senior 520 Corridor Program), Series 2012 F, RB |
5.00% | 09/01/2024 | 500 | 510,468 | ||||||||
|
Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2012 A, RB |
4.00% | 10/01/2034 | 125 | 126,863 | ||||||||
|
|
|
|||||||||||
| 3,555,725 | ||||||||||||
|
|
|
|||||||||||
|
Wisconsin-1.72% |
||||||||||||
|
Wisconsin (State of), Series 2013 1, Ref. GO Bonds |
5.00% | 05/01/2022 | 100 | 100,729 | ||||||||
|
Wisconsin (State of), Series 2014 3, Ref. GO Bonds(a)(b) |
5.00% | 11/01/2022 | 900 | 925,397 | ||||||||
|
Wisconsin (State of) Department of Transportation, Series 2012 1, RB |
5.00% | 07/01/2022 | 100 | 101,473 | ||||||||
|
|
|
|||||||||||
| 1,127,599 | ||||||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(e)-98.60% |
64,792,652 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.40% |
920,857 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 65,713,509 | ||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
109 |
||||
|
|
| |||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)–(continued) February 28, 2022 (Unaudited) |
| Investment Abbreviations: | ||
| AGM | -Assured Guaranty Municipal Corp. | |
| AMBAC | -American Municipal Bond Assurance Corp. | |
| COP | -Certificates of Participation | |
| GO | -General Obligation | |
| INS | -Insurer | |
| RB | -Revenue Bonds | |
| Ref. | -Refunding | |
Notes to Schedule of Investments:
| (a) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (b) |
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (c) |
Security subject to crossover refunding. |
| (d) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (e) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
| as of February 28, 2022 |
| |||||||
|
Ad Valorem Property Tax |
19.98 | |||||||
|
Water Revenue |
9.94 | |||||||
|
Health, Hospital, Nursing Home Revenue |
8.85 | |||||||
|
College & University Revenue |
8.10 | |||||||
|
Miscellaneous Revenue |
8.07 | |||||||
|
Sales Tax Revenue |
7.27 | |||||||
|
Electric Power Revenue |
5.94 | |||||||
|
Lease Revenue |
5.82 | |||||||
|
Income Tax Revenue |
4.63 | |||||||
|
Sewer Revenue |
4.62 | |||||||
|
Appropriations |
4.13 | |||||||
|
Highway Tolls Revenue |
3.27 | |||||||
|
Revenue Types Each Less Than 3% |
7.98 | |||||||
|
Other Assets Less Liabilities |
1.40 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
110 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.52% |
||||||||||||
|
Alabama-0.67% |
||||||||||||
|
Jefferson (County of), AL, Series 2013 A, Revenue Wts., (INS - AGM)(a) |
5.50% | 10/01/2053 | $ | 185 | $ | 200,612 | ||||||
|
Jefferson (County of), AL, Series 2018 A, Ref. GO Wts |
5.00% | 04/01/2023 | 85 | 88,683 | ||||||||
|
|
|
|||||||||||
| 289,295 | ||||||||||||
|
|
|
|||||||||||
|
Alaska-0.06% |
||||||||||||
|
Alaska (State of), Series 2013 B, GO Bonds |
5.00% | 08/01/2024 | 25 | 25,932 | ||||||||
|
|
|
|||||||||||
|
Arizona-0.91% |
||||||||||||
|
Arizona (State of) Transportation Board, Series 2014, Ref. RB |
5.00% | 07/01/2023 | 130 | 136,870 | ||||||||
|
Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group), Series 2016, Ref. RB |
5.00% | 01/01/2023 | 120 | 124,091 | ||||||||
|
Maricopa (County of), AZ Special Health Care District, Series 2018 C, GO Bonds |
5.00% | 07/01/2023 | 100 | 105,367 | ||||||||
|
Pima (County of), AZ, Series 2016, Ref. RB |
5.00% | 07/01/2023 | 25 | 26,335 | ||||||||
|
|
|
|||||||||||
| 392,663 | ||||||||||||
|
|
|
|||||||||||
|
Arkansas-0.10% |
||||||||||||
|
Russellville (City of), AR, Series 2015, Ref. RB(b)(c) |
4.00% | 07/01/2023 | 40 | 41,549 | ||||||||
|
|
|
|||||||||||
|
California-17.25% |
||||||||||||
|
Alameda (County of), CA Joint Powers Authority (Multiple Capital Project), Series 2013 A, RB |
5.25% | 12/01/2025 | 65 | 69,405 | ||||||||
|
Anaheim (City of), CA Housing & Public Improvements Authority, Series 2017 B, Ref. RB |
5.00% | 10/01/2027 | 95 | 98,990 | ||||||||
|
Bay Area Toll Authority (San Francisco Bay Area), Series 2017 A, Ref. RB |
5.00% | 04/01/2023 | 35 | 36,536 | ||||||||
|
California (State of), Series 2003, GO Bonds |
5.25% | 02/01/2023 | 30 | 31,183 | ||||||||
|
California (State of), Series 2013, Ref. GO Bonds |
3.00% | 02/01/2025 | 100 | 101,563 | ||||||||
|
California (State of), Series 2013, Ref. GO Bonds |
5.00% | 11/01/2027 | 90 | 95,821 | ||||||||
|
California (State of), Series 2013, Ref. GO Bonds |
5.00% | 09/01/2031 | 100 | 105,761 | ||||||||
|
California (State of), Series 2013, Ref. GO Bonds |
5.00% | 02/01/2032 | 100 | 103,680 | ||||||||
|
California (State of), Series 2014, GO Bonds |
4.00% | 05/01/2023 | 155 | 160,397 | ||||||||
|
California (State of), Series 2014, Ref. GO Bonds |
5.00% | 10/01/2023 | 80 | 84,870 | ||||||||
|
California (State of), Series 2014, Ref. GO Bonds |
5.00% | 12/01/2025 | 100 | 106,799 | ||||||||
|
California (State of), Series 2014, Ref. GO Bonds |
5.00% | 12/01/2027 | 150 | 160,117 | ||||||||
|
California (State of), Series 2014, Ref. GO Bonds |
5.00% | 12/01/2030 | 50 | 53,318 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 08/01/2023 | 100 | 105,521 | ||||||||
|
California (State of), Series 2016, GO Bonds |
5.00% | 09/01/2023 | 105 | 111,098 | ||||||||
|
California (State of), Series 2018, Ref. GO Bonds |
5.00% | 10/01/2029 | 135 | 140,909 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
5.00% | 11/01/2023 | 110 | 117,001 | ||||||||
|
California (State of) Department of Water Resources, Series 2020 BB, Ref. RB |
5.00% | 12/01/2023 | 500 | 533,993 | ||||||||
|
California (State of) Educational Facilities Authority (Occidental College), Series 2013 A, RB(b)(c) |
5.00% | 10/01/2023 | 35 | 37,119 | ||||||||
|
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center), Series 2015, Ref. RB |
5.00% | 11/15/2023 | 385 | 410,867 | ||||||||
|
California (State of) Health Facilities Financing Authority (St. Joseph Health System), Series 2013 A, RB(b) |
5.00% | 07/01/2026 | 50 | 52,642 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2018 A, RB |
5.00% | 11/15/2023 | 170 | 181,123 | ||||||||
|
California (State of) Infrastructure & Economic Development Bank (Academy Motion Picture Arts & Sciences Obligated Group), Series 2015 A, Ref. RB |
5.00% | 11/01/2041 | 50 | 53,114 | ||||||||
|
California (State of) Infrastructure & Economic Development Bank (Segerstrom Center Arts), Series 2016 B, Ref. RB |
5.00% | 07/01/2023 | 45 | 47,261 | ||||||||
|
California (State of) Public Works Board (University of California - Davidson Library), Series 2013 C, RB(b)(c) |
5.00% | 03/01/2023 | 100 | 104,107 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2013 I, RB |
5.25% | 11/01/2027 | 65 | 69,449 | ||||||||
|
California (State of) Public Works Board (Various State Universities), Series 2013 H, RB(b)(c) |
5.00% | 09/01/2023 | 100 | 105,931 | ||||||||
|
California State University, Series 2013 A, RB(b)(c) |
5.00% | 11/01/2023 | 60 | 63,901 | ||||||||
|
California State University, Series 2016 A, Ref. RB |
5.00% | 11/01/2023 | 105 | 111,863 | ||||||||
|
Coast Community College District, Series 2013 A, Ref. GO Bonds |
5.00% | 08/01/2023 | 35 | 36,953 | ||||||||
|
Desert Community College District (Riverside & Imperial), Series 2018, GO Bonds(b)(c) |
5.00% | 08/01/2023 | 100 | 105,637 | ||||||||
|
East Side Union High School District (Election of 2016), Series 2021 C, GO Bonds |
3.00% | 08/01/2023 | 275 | 282,563 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
111 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
California-(continued) |
||||||||||||
|
Grossmont-Cuyamaca Community College District, Series 2018, Ref. GO Bonds |
5.00% | 08/01/2023 | $ | 125 | $ | 131,992 | ||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2013 A, RB |
5.00% | 07/01/2027 | 30 | 31,020 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2013 B, RB |
5.00% | 07/01/2029 | 565 | 594,317 | ||||||||
|
Los Angeles Community College District (Election of 2008), Series 2013 F, GO Bonds(b)(c) |
4.00% | 08/01/2023 | 50 | 52,118 | ||||||||
|
Los Angeles Unified School District, Series 2014 B, Ref. GO Bonds |
5.00% | 07/01/2023 | 100 | 105,367 | ||||||||
|
Los Angeles Unified School District, Series 2020 RYQ, GO Bonds |
5.00% | 07/01/2023 | 185 | 194,928 | ||||||||
|
Los Angeles Unified School District (Election of 2008), Series 2016 A, GO Bonds |
4.00% | 07/01/2023 | 125 | 130,060 | ||||||||
|
Metropolitan Water District of Southern California, Series 2017 A, Ref. RB |
2.00% | 07/01/2023 | 225 | 228,022 | ||||||||
|
Municipal Improvement Corp. of Los Angeles, Series 2016 B, Ref. RB |
5.00% | 11/01/2023 | 30 | 31,971 | ||||||||
|
San Bernardino Community College District, Series 2013 A, Ref. GO Bonds(b)(c) |
4.00% | 08/01/2023 | 100 | 104,236 | ||||||||
|
San Diego (City of), CA Association of Governments (Mid Coast Corridor; Green Bonds), Series 2019, RB |
5.00% | 11/15/2023 | 100 | 102,944 | ||||||||
|
San Diego (City of), CA Public Facilities Financing Authority, Series 2016 B, Ref. RB |
5.00% | 08/01/2023 | 30 | 31,696 | ||||||||
|
San Diego (County of), CA Water Authority, Series 2015 A, Ref. RB |
5.00% | 05/01/2023 | 100 | 104,863 | ||||||||
|
San Diego Community College District (Election of 2006), Series 2013, GO Bonds(b)(c) |
5.00% | 08/01/2023 | 80 | 84,510 | ||||||||
|
San Diego Unified School District, Series 2014 R-3, Ref. GO Bonds |
5.00% | 07/01/2023 | 100 | 105,312 | ||||||||
|
San Diego Unified School District (Election of 1998), Series
2004 D-1, Ref. GO Bonds, (INS
- |
5.50% | 07/01/2023 | 165 | 174,853 | ||||||||
|
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2016 D, Ref. RB(b) |
5.00% | 05/01/2023 | 45 | 47,102 | ||||||||
|
San Francisco (City of), CA Public Utilities Commission, Series 2015, Ref. RB |
5.00% | 11/01/2023 | 45 | 47,918 | ||||||||
|
San Francisco Community College District, Series 2015, Ref. GO Bonds |
5.00% | 06/15/2023 | 100 | 105,204 | ||||||||
|
San Jose (City of), CA Financing Authority (Civic Center), Series 2013 A, Ref. RB(b)(c) |
5.00% | 06/01/2023 | 100 | 104,973 | ||||||||
|
San Jose (City of), CA Financing Authority (Civic Center), Series 2013 A, Ref. RB(b)(c) |
5.00% | 06/01/2023 | 500 | 524,867 | ||||||||
|
Tuolumne Wind Project Authority, Series 2016 A, Ref. RB |
5.00% | 01/01/2023 | 110 | 113,863 | ||||||||
|
University of California, Series 2013 AF, RB |
5.00% | 05/15/2025 | 90 | 94,309 | ||||||||
|
University of California, Series 2013 AF, RB |
5.00% | 05/15/2026 | 80 | 83,820 | ||||||||
|
University of California, Series 2013 AI, RB |
5.00% | 05/15/2038 | 25 | 26,132 | ||||||||
|
University of California (Limited), Series 2015 I, Ref. RB |
5.00% | 05/15/2023 | 175 | 183,573 | ||||||||
|
|
|
|||||||||||
| 7,419,462 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-2.49% |
||||||||||||
|
Adams 12 Five Star Schools, Series 2012, Ref. GO Bonds |
4.00% | 12/15/2023 | 185 | 189,240 | ||||||||
|
Board of Governors of Colorado State University System, Series 2013 E, RB(b)(c) |
5.00% | 03/01/2023 | 35 | 36,398 | ||||||||
|
Colorado (State of), Series 2021 A, COP |
5.00% | 12/15/2023 | 575 | 614,619 | ||||||||
|
Colorado (State of) Health Facilities Authority (Catholic Health Initiatives), Series 2013 A, RB(b)(c) |
5.25% | 01/01/2023 | 85 | 88,016 | ||||||||
|
Colorado (State of) Health Facilities Authority (Catholic Health Initiatives), Series 2013 A, RB(b)(c) |
5.25% | 01/01/2023 | 95 | 98,411 | ||||||||
|
Denver (City & County of), CO Airport System Revenue, Series 2013 B, RB |
5.25% | 11/15/2032 | 5 | 5,298 | ||||||||
|
Regional Transportation District, Series 2013 A, Ref. COP |
5.00% | 06/01/2025 | 35 | 36,642 | ||||||||
|
|
|
|||||||||||
| 1,068,624 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-2.38% |
||||||||||||
|
Connecticut (State of), Series 2012 A, RB |
5.00% | 01/01/2027 | 25 | 25,801 | ||||||||
|
Connecticut (State of), Series 2012 C, Ref. GO Bonds |
5.00% | 06/01/2023 | 150 | 151,510 | ||||||||
|
Connecticut (State of), Series 2013 A, GO Bonds |
5.00% | 10/15/2027 | 100 | 106,250 | ||||||||
|
Connecticut (State of), Series 2013 A, RB |
5.00% | 10/01/2026 | 500 | 530,196 | ||||||||
|
Connecticut (State of), Series 2014 A, RB |
5.00% | 09/01/2023 | 20 | 21,180 | ||||||||
|
Connecticut (State of), Series 2014 E, GO Bonds |
5.00% | 09/01/2023 | 25 | 26,475 | ||||||||
|
Connecticut (State of), Series 2016 A, GO Bonds |
5.00% | 03/15/2023 | 10 | 10,423 | ||||||||
|
Connecticut (State of), Series 2018 F, Ref. GO Bonds |
5.00% | 09/15/2023 | 25 | 26,508 | ||||||||
|
Connecticut (State of), Series 2020 A, GO Bonds |
5.00% | 01/15/2023 | 95 | 98,427 | ||||||||
|
Connecticut (State of) Municipal Electric Energy Cooperative, Series 2013 A, RB(b) |
5.00% | 01/01/2038 | 25 | 25,766 | ||||||||
|
|
|
|||||||||||
| 1,022,536 | ||||||||||||
|
|
|
|||||||||||
|
District of Columbia-0.67% |
||||||||||||
|
District of Columbia, Series 2013 A, GO Bonds |
5.00% | 06/01/2026 | 50 | 52,454 | ||||||||
|
District of Columbia, Series 2013 A, GO Bonds |
5.00% | 06/01/2027 | 105 | 110,155 | ||||||||
|
District of Columbia, Series 2013 A, GO Bonds |
5.00% | 06/01/2028 | 20 | 20,982 | ||||||||
|
District of Columbia Water & Sewer Authority, Series 2013 A, RB(b)(c) |
5.00% | 10/01/2023 | 100 | 106,202 | ||||||||
|
|
|
|||||||||||
| 289,793 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
112 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Florida-3.10% |
||||||||||||
|
Florida (State of), Series 2019 A, Ref. GO Bonds |
5.00% | 07/01/2023 | $ | 195 | $ | 205,492 | ||||||
|
Hillsborough (County of), FL Industrial Development Authority (Tampa General Hospital), Series 2013, Ref. RB |
4.00% | 10/01/2043 | 380 | 388,051 | ||||||||
|
JEA Water & Sewer System, Series 2017 A, Ref. RB |
5.00% | 10/01/2023 | 500 | 531,254 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2013 A, COP(b)(c) |
5.00% | 05/01/2023 | 100 | 104,541 | ||||||||
|
Miami-Dade (County of), FL, Series 2013 B, Ref. RB(b)(c) |
4.13% | 10/01/2023 | 45 | 47,175 | ||||||||
|
Orange (County of), FL Convention Center, Series 2010, Ref. RB |
5.00% | 10/01/2023 | 30 | 31,792 | ||||||||
|
Reedy Creek Improvement District, Series 2013 A, GO Bonds(b)(c) |
5.25% | 06/01/2023 | 25 | 26,333 | ||||||||
|
|
|
|||||||||||
| 1,334,638 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-2.54% |
||||||||||||
|
Atlanta (City of), GA, Series 2015, Ref. RB |
5.00% | 11/01/2023 | 65 | 69,226 | ||||||||
|
Clayton (County of), GA Water Authority, Series 2012, Ref. RB |
5.00% | 05/01/2023 | 25 | 25,167 | ||||||||
|
Forsyth (County of), GA, Series 2019, GO Bonds |
5.00% | 09/01/2023 | 35 | 37,092 | ||||||||
|
Forsyth County School District, Series 2013, Ref. GO Bonds |
5.00% | 02/01/2023 | 20 | 20,766 | ||||||||
|
Georgia (State of), Series 2012 C, Ref. GO Bonds |
5.00% | 09/01/2023 | 120 | 122,503 | ||||||||
|
Georgia (State of), Series 2013 C, Ref. GO Bonds |
4.00% | 10/01/2023 | 85 | 86,545 | ||||||||
|
Georgia (State of), Series 2013 D, GO Bonds |
5.00% | 02/01/2026 | 90 | 93,195 | ||||||||
|
Georgia (State of), Series 2019 A, GO Bonds |
5.00% | 07/01/2023 | 50 | 52,724 | ||||||||
|
Gwinnett (County of), GA Development Authority (Public Schools), Series 2006, COP, (INS - NATL)(a) |
5.25% | 01/01/2023 | 50 | 51,851 | ||||||||
|
Gwinnett County School District, Series 2010, Ref. GO Bonds |
5.00% | 02/01/2023 | 20 | 20,764 | ||||||||
|
Private Colleges & Universities Authority (Emory University), Series 2013 A, RB |
5.00% | 10/01/2043 | 485 | 513,188 | ||||||||
|
|
|
|||||||||||
| 1,093,021 | ||||||||||||
|
|
|
|||||||||||
|
Guam-0.27% |
||||||||||||
|
Guam (Government of) Waterworks Authority, Series 2013, RB(b)(c) |
5.50% | 07/01/2023 | 110 | 116,282 | ||||||||
|
|
|
|||||||||||
|
Hawaii-0.99% |
||||||||||||
|
Hawaii (State of), Series 2016, Ref. GO Bonds |
5.00% | 10/01/2023 | 400 | 424,677 | ||||||||
|
|
|
|||||||||||
|
Illinois-4.96% |
||||||||||||
|
Chicago (City of), IL (Midway Airport), Series 2013 B, Ref. RB |
5.00% | 01/01/2025 | 35 | 36,090 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2013 B, Ref. RB |
5.00% | 01/01/2025 | 40 | 41,279 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2013 B, Ref. RB |
5.25% | 01/01/2029 | 75 | 77,457 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2013 D, RB |
5.00% | 01/01/2044 | 35 | 36,004 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2015 B, Ref. RB |
5.00% | 01/01/2023 | 45 | 46,485 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2016 C, Ref. RB |
5.00% | 01/01/2023 | 90 | 92,969 | ||||||||
|
Illinois (State of), Series 2013, GO Bonds |
5.25% | 07/01/2028 | 250 | 263,153 | ||||||||
|
Illinois (State of), Series 2013, GO Bonds |
5.25% | 07/01/2029 | 100 | 105,277 | ||||||||
|
Illinois (State of), Series 2013, RB |
5.00% | 06/15/2025 | 145 | 151,475 | ||||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.00% | 05/01/2023 | 80 | 83,538 | ||||||||
|
Illinois (State of), Series 2016, GO Bonds |
5.00% | 06/01/2023 | 30 | 31,412 | ||||||||
|
Illinois (State of), Series 2017 D, GO Bonds |
5.00% | 11/01/2023 | 175 | 185,585 | ||||||||
|
Illinois (State of) Finance Authority, Series 2014 A, RB(b)(c) |
5.25% | 07/01/2023 | 500 | 526,907 | ||||||||
|
Illinois (State of) Finance Authority (Clean Water Initiative), Series 2016, RB |
4.00% | 01/01/2023 | 110 | 112,898 | ||||||||
|
Illinois (State of) Finance Authority (State Clean Water), Series 2017, RB |
5.00% | 07/01/2023 | 10 | 10,531 | ||||||||
|
Illinois (State of) Finance Authority (The University of Chicago), Series 2014 A, Ref. RB |
5.00% | 10/01/2023 | 125 | 132,630 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2013 A, RB |
5.00% | 01/01/2029 | 25 | 25,791 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2013 A, RB |
5.00% | 01/01/2038 | 15 | 15,463 | ||||||||
|
McLean & Woodford Counties Community Unit School District No. 5, Series 2017 A, Ref. GO Bonds |
4.00% | 12/01/2023 | 55 | 57,506 | ||||||||
|
Metropolitan Water Reclamation District of Greater Chicago, Series 2016 A, Ref. GO Bonds |
5.00% | 12/01/2023 | 50 | 53,372 | ||||||||
|
Springfield (City of), IL, Series 2015, Ref. RB |
5.00% | 03/01/2023 | 45 | 46,720 | ||||||||
|
|
|
|||||||||||
| 2,132,542 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-1.42% |
||||||||||||
|
Indiana (State of) Finance Authority (University Health), Series 2019, Ref. RB |
5.00% | 12/01/2023 | 150 | 160,063 | ||||||||
|
Lake Central Multi-District School Building Corp., Series 2012 B, RB(b)(c) |
5.00% | 01/15/2023 | 35 | 36,265 | ||||||||
|
St. Joseph (County of), IN Hospital Authority (Beacon Health System Obligated Group), Series 2013 C, Ref. RB |
4.00% | 08/15/2044 | 400 | 414,216 | ||||||||
|
|
|
|||||||||||
| 610,544 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
113 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Iowa-0.34% |
||||||||||||
|
Iowa (State of), Series 2016 A, Ref. RB |
5.00% | 06/01/2023 | $ | 30 | $ | 31,499 | ||||||
|
Iowa (State of) Finance Authority (Green Bonds), Series 2015, Ref. RB |
5.00% | 08/01/2023 | 110 | 116,185 | ||||||||
|
|
|
|||||||||||
| 147,684 | ||||||||||||
|
|
|
|||||||||||
|
Kansas-0.17% |
||||||||||||
|
Kansas (State of) Development Finance Authority, Series 2015 A, Ref. RB |
5.00% | 05/01/2025 | 40 | 41,797 | ||||||||
|
Kansas (State of) Development Finance Authority, Series 2015 A, Ref. RB |
5.00% | 05/01/2026 | 30 | 31,337 | ||||||||
|
|
|
|||||||||||
| 73,134 | ||||||||||||
|
|
|
|||||||||||
|
Kentucky-0.69% |
||||||||||||
|
Kentucky (State of) Asset Liability Commission, Series 2013 A, RB |
5.25% | 09/01/2023 | 40 | 42,440 | ||||||||
|
Kentucky (State of) Asset Liability Commission, Series 2014 A, Ref. RB |
5.00% | 09/01/2023 | 40 | 42,292 | ||||||||
|
Kentucky (State of) Property & Building Commission (No. 108), Series 2015 B, Ref. RB |
5.00% | 08/01/2023 | 130 | 137,026 | ||||||||
|
Louisville (City of) & Jefferson (County of), KY Sewer District, Series 2013 A, RB |
4.00% | 05/15/2035 | 55 | 56,709 | ||||||||
|
Louisville (City of) & Jefferson (County of), KY Sewer District, Series 2013 C, RB(b)(c) |
4.50% | 05/15/2023 | 15 | 15,642 | ||||||||
|
|
|
|||||||||||
| 294,109 | ||||||||||||
|
|
|
|||||||||||
|
Louisiana-0.81% |
||||||||||||
|
Louisiana (State of), Series 2012 A-1, Ref. RB |
5.00% | 05/01/2023 | 40 | 40,267 | ||||||||
|
Louisiana (State of), Series 2013 A, GO Bonds(b)(c) |
4.00% | 05/15/2023 | 25 | 25,921 | ||||||||
|
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority, Series 2013 A, RB(b)(c) |
5.00% | 02/01/2023 | 100 | 103,783 | ||||||||
|
Louisiana (State of) University & Agricultural & Mechanical College, Series 2013, RB(b)(c) |
5.00% | 07/01/2023 | 5 | 5,263 | ||||||||
|
Terrebonne Levee & Conservation District, Series 2013, RB(b)(c) |
5.00% | 07/01/2023 | 165 | 173,674 | ||||||||
|
|
|
|||||||||||
| 348,908 | ||||||||||||
|
|
|
|||||||||||
|
Maine-0.49% |
||||||||||||
|
Maine (State of) Health & Higher Educational Facilities Authority (Eastern Maine Medical Center Obligated Group), Series 2013, RB(b)(c) |
5.00% | 07/01/2023 | 200 | 210,514 | ||||||||
|
|
|
|||||||||||
|
Maryland-2.53% |
||||||||||||
|
Maryland (State of), Series 2015 B, Ref. GO Bonds |
4.00% | 08/01/2023 | 500 | 521,327 | ||||||||
|
Maryland (State of) Department of Transportation, Series 2015, RB |
5.00% | 02/15/2023 | 100 | 103,938 | ||||||||
|
Maryland (State of) Department of Transportation, Series 2017, RB |
5.00% | 05/01/2023 | 150 | 157,097 | ||||||||
|
Maryland (State of) Department of Transportation (Third Issue), Series 2015, RB |
5.00% | 12/15/2023 | 140 | 149,672 | ||||||||
|
Montgomery (County of), MD, Series 2019 A, GO Bonds |
5.00% | 11/01/2023 | 145 | 154,477 | ||||||||
|
|
|
|||||||||||
| 1,086,511 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-2.70% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2013 A, RB |
5.00% | 06/15/2023 | 30 | 30,349 | ||||||||
|
Massachusetts (Commonwealth of), Series 2015 A, GO Bonds |
5.00% | 05/01/2023 | 300 | 314,231 | ||||||||
|
Massachusetts (Commonwealth of), Series 2016 B, Ref. GO Bonds |
5.00% | 07/01/2023 | 130 | 136,959 | ||||||||
|
Massachusetts (Commonwealth of), Series 2018 C, GO Bonds |
5.00% | 05/01/2029 | 50 | 52,324 | ||||||||
|
Massachusetts (Commonwealth of), Series 2018 C, GO Bonds |
5.00% | 05/01/2032 | 100 | 104,588 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 A, Ref. GO Bonds |
5.00% | 07/01/2023 | 25 | 26,338 | ||||||||
|
Massachusetts (State of) Bay Transportation Authority, Series 2005 A, RB |
5.00% | 07/01/2023 | 85 | 89,550 | ||||||||
|
Massachusetts (State of) Clean Water Trust (The), Series 2014, Ref. RB |
5.00% | 08/01/2023 | 35 | 36,983 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Olin College), Series 2013 E, RB |
5.00% | 11/01/2038 | 200 | 212,776 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2012 A, Ref. RB |
5.00% | 08/15/2023 | 100 | 101,817 | ||||||||
|
Massachusetts (State of) Transportation Trust Fund, Series 2019 A, Ref. RB |
5.00% | 01/01/2023 | 55 | 56,922 | ||||||||
|
|
|
|||||||||||
| 1,162,837 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-1.57% |
||||||||||||
|
Livonia Public Schools, Series 2013 I, GO Bonds(b)(c) |
5.00% | 05/01/2023 | 105 | 109,956 | ||||||||
|
Michigan (State of) (Garvee), Series 2016, Ref. RB |
5.00% | 03/15/2023 | 175 | 182,203 | ||||||||
|
Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB |
5.00% | 04/15/2023 | 100 | 104,577 | ||||||||
|
Michigan (State of) Finance Authority, Series 2016 C-3, Ref. RB |
5.00% | 04/01/2023 | 40 | 41,711 | ||||||||
|
Michigan (State of) Finance Authority (Beaumont Health Credit Group), Series 2015, Ref. RB |
5.00% | 08/01/2023 | 200 | 211,332 | ||||||||
|
Western Michigan University, Series 2013, Ref. RB(b)(c) |
5.25% | 11/15/2023 | 25 | 26,764 | ||||||||
|
|
|
|||||||||||
| 676,543 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
114 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Minnesota-0.49% |
||||||||||||
|
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission, Series 2016 B, Ref. RB |
5.00% | 01/01/2023 | $ | 10 | $ | 10,333 | ||||||
|
Minnesota (State of), Series 2013, Ref. GO Bonds |
5.00% | 10/01/2023 | 40 | 42,500 | ||||||||
|
Minnesota (State of), Series 2014 A, GO Bonds |
5.00% | 08/01/2023 | 100 | 105,666 | ||||||||
|
Minnesota (State of), Series 2020 A, GO Bonds |
5.00% | 08/01/2023 | 50 | 52,833 | ||||||||
|
|
|
|||||||||||
| 211,332 | ||||||||||||
|
|
|
|||||||||||
|
Missouri-0.38% |
||||||||||||
|
Jackson (County of), MO (Truman Sports Complex), Series 2014, Ref. RB |
5.00% | 12/01/2023 | 35 | 37,072 | ||||||||
|
Metropolitan St. Louis Sewer District, Series 2013 B, RB(b)(c) |
5.00% | 05/01/2023 | 25 | 26,180 | ||||||||
|
Missouri (State of) Board of Public Buildings, Series 2020 B, Ref. RB |
5.00% | 10/01/2023 | 20 | 21,247 | ||||||||
|
Springfield (City of), MO, Series 2015, Ref. RB |
5.00% | 08/01/2023 | 75 | 79,140 | ||||||||
|
|
|
|||||||||||
| 163,639 | ||||||||||||
|
|
|
|||||||||||
|
Nebraska-0.06% |
||||||||||||
|
Omaha (City of), NE Public Power District, Series 2016 A, Ref. RB |
5.00% | 02/01/2023 | 25 | 25,939 | ||||||||
|
|
|
|||||||||||
|
Nevada-0.59% |
||||||||||||
|
Clark County School District, Series 2016 A, Ref. GO Bonds |
5.00% | 06/15/2023 | 50 | 52,503 | ||||||||
|
Clark County School District, Series 2016 B, Ref. GO Bonds |
5.00% | 06/15/2023 | 60 | 63,004 | ||||||||
|
Las Vegas Valley Water District, Series 2016 A, Ref. GO Bonds |
5.00% | 06/01/2023 | 75 | 78,797 | ||||||||
|
Las Vegas Valley Water District, Series 2019 B, Ref. GO Bonds |
5.00% | 06/01/2023 | 30 | 31,519 | ||||||||
|
Nevada (State of), Series 2015 D, Ref. GO Bonds |
5.00% | 04/01/2023 | 25 | 26,100 | ||||||||
|
|
|
|||||||||||
| 251,923 | ||||||||||||
|
|
|
|||||||||||
|
New Jersey-4.74% |
||||||||||||
|
Essex (County of), NJ Improvement Authority, Series 2017, Ref. RB |
2.00% | 12/15/2023 | 35 | 35,579 | ||||||||
|
New Jersey (State of), Series 2013, GO Bonds(b)(c) |
4.00% | 06/01/2023 | 265 | 274,701 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB |
5.00% | 03/01/2023 | 100 | 103,802 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB(b)(c) |
5.00% | 03/01/2023 | 70 | 72,868 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB(b)(c) |
5.00% | 03/01/2023 | 260 | 270,652 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2013, Ref. RB(b)(c) |
5.00% | 03/01/2023 | 225 | 234,218 | ||||||||
|
New Jersey (State of) Economic Development Authority
(Rutgers University), Series 2013, |
5.00% | 06/15/2023 | 150 | 157,672 | ||||||||
|
New Jersey (State of) Educational Facilities Authority (Princeton University), Series 2016 B, Ref. RB |
5.00% | 07/01/2023 | 180 | 189,660 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2005 B, RB, (INS - AMBAC)(a) |
5.25% | 12/15/2023 | 55 | 58,738 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2006 A, RB |
5.50% | 12/15/2023 | 150 | 160,854 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2013 AA, RB |
5.00% | 06/15/2029 | 100 | 104,221 | ||||||||
|
Rutgers The State University of New Jersey, Series 2013 J, Ref. RB(b)(c) |
4.00% | 05/01/2023 | 50 | 51,782 | ||||||||
|
Rutgers The State University of New Jersey, Series 2013 J, Ref. RB(b)(c) |
5.00% | 05/01/2023 | 150 | 157,079 | ||||||||
|
Rutgers The State University of New Jersey, Series 2013 J, Ref. RB(b)(c) |
5.00% | 05/01/2023 | 30 | 31,416 | ||||||||
|
Rutgers The State University of New Jersey, Series 2013 L, Ref. RB(b)(c) |
5.00% | 05/01/2023 | 30 | 31,416 | ||||||||
|
Rutgers The State University of New Jersey, Series 2018 N, RB |
4.00% | 05/01/2023 | 100 | 103,470 | ||||||||
|
|
|
|||||||||||
| 2,038,128 | ||||||||||||
|
|
|
|||||||||||
|
New Mexico-0.32% |
||||||||||||
|
Albuquerque (City of) & Bernalillo (County of), NM Water Utility Authority, Series 2015, Ref. RB |
5.00% | 07/01/2023 | 25 | 26,325 | ||||||||
|
New Mexico (State of), Series 2015 A, RB |
5.00% | 07/01/2023 | 55 | 57,914 | ||||||||
|
New Mexico (State of), Series 2016 B, Ref. RB |
4.00% | 07/01/2023 | 50 | 51,990 | ||||||||
|
|
|
|||||||||||
| 136,229 | ||||||||||||
|
|
|
|||||||||||
|
New York-17.90% |
||||||||||||
|
Battery Park (City of), NY Authority, Series 2013 A, RB |
5.00% | 11/01/2025 | 400 | 426,143 | ||||||||
|
Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District), Series 2013 A, RB |
5.00% | 05/01/2027 | 60 | 62,746 | ||||||||
|
Hudson Yards Infrastructure Corp., Series 2017 A, Ref. RB |
5.00% | 02/15/2023 | 25 | 25,982 | ||||||||
|
Metropolitan Transportation Authority, Series 2012 A, Ref. RB |
5.00% | 11/15/2023 | 200 | 205,921 | ||||||||
|
Metropolitan Transportation Authority, Series 2013 E, RB(b)(c) |
5.00% | 11/15/2023 | 150 | 159,952 | ||||||||
|
Metropolitan Transportation Authority, Series 2016 B, Ref. RB |
5.00% | 11/15/2023 | 100 | 106,377 | ||||||||
|
Monroe County Industrial Development Corp. (University of Rochester), Series 2013 A, RB(b)(c) |
5.00% | 07/01/2023 | 20 | 21,065 | ||||||||
|
Nassau (County of), NY, Series 2017 C, Ref. GO Bonds |
5.00% | 10/01/2023 | 40 | 42,357 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2013 179, RB |
5.00% | 12/01/2025 | 145 | 154,753 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
115 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York & New Jersey (States of) Port Authority, Series 2015, Ref. RB |
5.00% | 05/01/2023 | $ | 50 | $ | 52,318 | ||||||
|
New York (City of), NY, Series 2012 I, GO Bonds |
5.00% | 08/01/2023 | 100 | 101,653 | ||||||||
|
New York (City of), NY, Series 2015 A, Ref. GO Bonds |
5.00% | 08/01/2023 | 225 | 237,585 | ||||||||
|
New York (City of), NY, Series 2015 C, Ref. GO Bonds |
5.00% | 08/01/2023 | 50 | 52,797 | ||||||||
|
New York (City of), NY, Series 2016 C, Ref. GO Bonds |
5.00% | 08/01/2023 | 445 | 469,891 | ||||||||
|
New York (City of), NY, Series 2017 A, Ref. GO Bonds |
4.00% | 08/01/2023 | 70 | 72,935 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2017 CC-2, Ref. RB |
5.00% | 06/15/2025 | 200 | 213,817 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2018 AA, Ref. RB(b) |
5.00% | 06/15/2023 | 125 | 131,476 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2019 BB-2, RB |
5.00% | 06/15/2025 | 100 | 106,909 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2019 DD, RB |
5.00% | 06/15/2025 | 100 | 106,909 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2013 A-1, RB |
4.25% | 11/01/2033 | 75 | 78,594 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 C, Ref. RB |
5.00% | 11/01/2023 | 275 | 292,785 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2018 A-1, RB |
5.00% | 08/01/2023 | 200 | 211,216 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2012 E-1, RB |
5.00% | 02/01/2023 | 200 | 200,666 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2013 F-1, RB |
5.00% | 02/01/2026 | 200 | 207,267 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2014 B1, RB |
5.00% | 11/01/2023 | 150 | 159,701 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2018 A-1, RB |
5.00% | 08/01/2023 | 105 | 110,888 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2018 S-3, Ref. RB |
5.00% | 07/15/2023 | 100 | 105,408 | ||||||||
|
New York (State of) Dormitory Authority, Series 2012, RB |
5.00% | 05/15/2023 | 100 | 100,830 | ||||||||
|
New York (State of) Dormitory Authority, Series 2013 A, RB(b)(c) |
5.00% | 02/15/2023 | 250 | 259,859 | ||||||||
|
New York (State of) Dormitory Authority, Series 2013 A, RB(b)(c) |
5.00% | 07/01/2023 | 5 | 5,266 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 03/15/2023 | 200 | 208,550 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 A, Ref. RB(b) |
5.00% | 03/15/2023 | 35 | 36,490 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 A, Ref. RB |
5.00% | 03/15/2023 | 65 | 67,779 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, Ref. RB |
5.00% | 07/01/2023 | 125 | 131,623 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 E, Ref. RB(b) |
5.00% | 03/15/2023 | 130 | 135,532 | ||||||||
|
New York (State of) Dormitory Authority, Series 2016 A, Ref. RB |
4.00% | 10/01/2023 | 25 | 25,983 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, RB |
5.00% | 03/15/2023 | 55 | 57,351 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 B, Ref. RB |
5.00% | 07/01/2023 | 45 | 47,384 | ||||||||
|
New York (State of) Dormitory Authority, Series 2018 A, RB |
5.00% | 10/01/2023 | 60 | 63,624 | ||||||||
|
New York State Environmental Facilities Corp. (NYC Municipal Water Fund), Series 2013 A, RB |
5.00% | 06/15/2026 | 50 | 52,589 | ||||||||
|
New York State Environmental Facilities Corp. (NYC Municipal Water Fund), Series 2013 A, RB |
5.00% | 06/15/2027 | 100 | 105,178 | ||||||||
|
New York State Urban Development Corp., Series 2013 A-1, RB |
5.00% | 03/15/2026 | 25 | 26,034 | ||||||||
|
New York State Urban Development Corp., Series 2013 A-1, RB |
5.00% | 03/15/2029 | 45 | 46,862 | ||||||||
|
New York State Urban Development Corp., Series 2013 C, RB |
5.00% | 03/15/2026 | 200 | 208,274 | ||||||||
|
New York State Urban Development Corp., Series 2013 C, RB |
5.00% | 03/15/2029 | 50 | 52,069 | ||||||||
|
New York State Urban Development Corp., Series 2013 C, RB |
5.00% | 03/15/2031 | 40 | 41,655 | ||||||||
|
New York State Urban Development Corp., Series 2013 E, RB |
5.00% | 03/15/2031 | 200 | 208,275 | ||||||||
|
New York State Urban Development Corp., Series 2016 A, Ref. RB |
5.00% | 03/15/2023 | 35 | 36,496 | ||||||||
|
New York State Urban Development Corp. (Bidding Group 1), Series 2021 A, Ref. RB |
5.00% | 03/15/2023 | 100 | 104,275 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(b) |
4.00% | 10/15/2023 | 125 | 130,939 | ||||||||
|
Suffolk (County of), NY Water Authority, Series 2013, Ref. RB |
3.00% | 06/01/2028 | 10 | 10,189 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB |
5.00% | 11/15/2023 | 105 | 109,853 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB |
5.00% | 11/15/2024 | 525 | 549,877 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2013 A, Ref. RB |
5.00% | 11/15/2025 | 170 | 177,909 | ||||||||
|
Trust for Cultural Resources of The City of New York (The), Series 2016, Ref. RB(b) |
4.00% | 02/01/2023 | 60 | 61,725 | ||||||||
|
Trust for Cultural Resources of The City of New York (The), Series 2016, Ref. RB |
4.00% | 02/01/2023 | 130 | 133,773 | ||||||||
|
Utility Debt Securitization Authority, Series 2013 TE, RB |
5.00% | 12/15/2027 | 105 | 112,041 | ||||||||
|
Utility Debt Securitization Authority, Series 2013 TE, RB |
5.00% | 12/15/2029 | 50 | 53,325 | ||||||||
|
Utility Debt Securitization Authority, Series 2013 TE, RB |
5.00% | 12/15/2030 | 75 | 79,961 | ||||||||
|
Utility Debt Securitization Authority, Series 2013 TE, RB |
5.00% | 12/15/2033 | 30 | 31,973 | ||||||||
|
Utility Debt Securitization Authority, Series 2013, RB |
5.00% | 12/15/2028 | 100 | 106,651 | ||||||||
|
|
|
|||||||||||
| 7,698,305 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-0.78% |
||||||||||||
|
Mecklenburg County Public Facilities Corp., Series 2017, Ref. RB |
5.00% | 02/01/2023 | 15 | 15,573 | ||||||||
|
North Carolina (State of), Series 2014 C, Ref. RB |
5.00% | 05/01/2023 | 25 | 26,183 | ||||||||
|
North Carolina (State of), Series 2016 A, Ref. GO Bonds |
5.00% | 06/01/2023 | 100 | 105,076 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
116 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
North Carolina-(continued) |
||||||||||||
|
North Carolina (State of) (Garvee), Series 2017, Ref. RB |
5.00% | 03/01/2023 | $ | 90 | $ | 93,660 | ||||||
|
North Carolina State University at Raleigh, Series 2013 A, RB(b)(c) |
5.00% | 10/01/2023 | 90 | 95,581 | ||||||||
|
|
|
|||||||||||
| 336,073 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-5.44% |
||||||||||||
|
Cincinnati City School District, Series 2006, Ref. GO Bonds, (INS - NATL)(a) |
5.25% | 12/01/2023 | 10 | 10,714 | ||||||||
|
Cleveland (City of), OH, Series 2015, RB(b)(c) |
5.00% | 10/01/2023 | 15 | 15,930 | ||||||||
|
Columbus (City of), OH, Series 2013 1, Ref. GO Bonds(b)(c) |
5.00% | 07/01/2023 | 20 | 21,065 | ||||||||
|
Columbus (City of), OH, Series 2013 1, Ref. GO Bonds(b)(c) |
5.00% | 07/01/2023 | 25 | 26,332 | ||||||||
|
Columbus (City of), OH, Series 2017-1, Ref. GO Bonds |
4.00% | 04/01/2023 | 125 | 129,213 | ||||||||
|
Hamilton (County of), OH, Series 2016 A, Ref. RB |
5.00% | 12/01/2023 | 10 | 10,673 | ||||||||
|
Montgomery (County of), OH (Catholic Health Initiatives), Series 2009, RB(b)(c) |
5.25% | 11/13/2023 | 400 | 425,329 | ||||||||
|
Northeast Ohio Regional Sewer District, Series 2013, RB(b)(c) |
5.00% | 05/15/2023 | 50 | 52,407 | ||||||||
|
Ohio (State of), Series 2012 C, Ref. GO Bonds |
5.00% | 08/01/2023 | 10 | 10,567 | ||||||||
|
Ohio (State of), Series 2015 A, Ref. GO Bonds |
5.00% | 09/01/2023 | 25 | 26,490 | ||||||||
|
Ohio (State of), Series 2016 A, Ref. GO Bonds |
5.00% | 09/01/2023 | 185 | 196,029 | ||||||||
|
Ohio (State of), Series 2016-1, RB |
5.00% | 12/15/2023 | 50 | 53,399 | ||||||||
|
Ohio (State of), Series 2020 B, Ref. GO Bonds |
5.00% | 09/15/2023 | 900 | 954,862 | ||||||||
|
Ohio (State of) (Garvee), Series 2018-1, RB |
5.00% | 12/15/2023 | 115 | 122,818 | ||||||||
|
Ohio (State of) Higher Educational Facility Commission (Case Western Reserve University), Series 2016, Ref. RB |
5.00% | 12/01/2023 | 100 | 106,745 | ||||||||
|
Ohio (State of) Turnpike & Infrastructure Commission, Series 2017 A, Ref. RB |
5.00% | 02/15/2023 | 150 | 155,936 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2016, RB |
5.00% | 12/01/2023 | 20 | 21,374 | ||||||||
|
|
|
|||||||||||
| 2,339,883 | ||||||||||||
|
|
|
|||||||||||
|
Oklahoma-0.36% |
||||||||||||
|
Cleveland (County of), OK Educational Facilities Authority (Moore Public Schools), Series 2016, RB |
5.00% | 06/01/2023 | 40 | 42,000 | ||||||||
|
Oklahoma (State of) Municipal Power Authority, Series 2019 A, Ref. RB |
5.00% | 01/01/2023 | 40 | 41,360 | ||||||||
|
Oklahoma (State of) Turnpike Authority, Series 2017 D, Ref. RB |
4.00% | 01/01/2023 | 45 | 46,174 | ||||||||
|
Oklahoma County Independent School District No. 89 Oklahoma City, Series 2020 A, GO Bonds |
2.50% | 07/01/2023 | 25 | 25,504 | ||||||||
|
|
|
|||||||||||
| 155,038 | ||||||||||||
|
|
|
|||||||||||
|
Oregon-0.17% |
||||||||||||
|
Oregon (State of) Department of Transportation, Series 2013 A, RB(b)(c) |
5.00% | 11/15/2023 | 25 | 26,659 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2017 A, RB |
5.00% | 11/15/2023 | 20 | 21,326 | ||||||||
|
Oregon (State of) Lottery, Series 2015 C, Ref. RB |
5.00% | 04/01/2023 | 25 | 26,111 | ||||||||
|
|
|
|||||||||||
| 74,096 | ||||||||||||
|
|
|
|||||||||||
|
Pennsylvania-2.32% |
||||||||||||
|
Northampton (County of), PA General Purpose Authority (LaFayette College), Series 2013 A, Ref. RB(b)(c) |
5.00% | 11/01/2023 | 60 | 63,891 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2013, GO Bonds(b)(c) |
5.00% | 04/01/2023 | 125 | 130,513 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2013, GO Bonds(b)(c) |
5.00% | 04/01/2023 | 65 | 67,867 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, GO Bonds |
5.00% | 03/15/2023 | 100 | 104,211 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, Ref. GO Bonds |
5.00% | 08/15/2023 | 150 | 158,571 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2016, Ref. GO Bonds |
5.00% | 09/15/2023 | 235 | 249,102 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2017, Ref. GO Bonds |
5.00% | 01/01/2023 | 25 | 25,861 | ||||||||
|
Pennsylvania (Commonwealth of), Second Series 2013, GO Bonds |
5.00% | 10/15/2023 | 30 | 31,850 | ||||||||
|
Pennsylvania (Commonwealth of), Second Series 2016, Ref. GO Bonds |
5.00% | 01/15/2023 | 100 | 103,589 | ||||||||
|
Westmoreland (County of), PA Municipal Authority, Series 2013, RB(b)(c) |
5.00% | 08/15/2023 | 10 | 10,570 | ||||||||
|
Westmoreland (County of), PA Municipal Authority, Series 2013, RB(b)(c) |
5.00% | 08/15/2023 | 50 | 52,851 | ||||||||
|
|
|
|||||||||||
| 998,876 | ||||||||||||
|
|
|
|||||||||||
|
South Carolina-1.39% |
||||||||||||
|
Charleston County School District, Series 2011 A, Ref. GO Bonds |
5.00% | 02/01/2023 | 125 | 129,775 | ||||||||
|
Charleston Educational Excellence Finance Corp., Series 2013, Ref. RB |
4.00% | 12/01/2028 | 25 | 26,197 | ||||||||
|
Horry County School District, Series 2016, GO Bonds |
5.00% | 03/01/2023 | 70 | 72,861 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2013 E, RB |
5.00% | 12/01/2048 | 180 | 191,330 | ||||||||
|
South Carolina (State of) Public Service Authority (Santee Cooper), Series 2013 A, RB |
5.00% | 12/01/2038 | 100 | 106,471 | ||||||||
|
South Carolina (State of) Public Service Authority (Santee Cooper), Series 2013 B, Ref. RB |
5.13% | 12/01/2043 | 30 | 31,974 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
117 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
South Carolina-(continued) |
||||||||||||
|
South Carolina (State of) Public Service Authority (Santee Cooper), Series 2013 E, RB |
5.50% | 12/01/2053 | $ | 20 | $ | 21,409 | ||||||
|
South Carolina (State of) Transportation Infrastructure Bank, Series 2015 A, Ref. RB |
5.00% | 10/01/2023 | 15 | 15,938 | ||||||||
|
|
|
|||||||||||
| 595,955 | ||||||||||||
|
|
|
|||||||||||
|
South Dakota-0.09% |
||||||||||||
|
South Dakota (State of) Building Authority, Series 2013 B, RB(b)(c) |
5.00% | 06/01/2023 | 35 | 36,759 | ||||||||
|
|
|
|||||||||||
|
Tennessee-0.97% |
||||||||||||
|
Chattanooga (City of), TN Health Educational & Housing Facility Board (Catholic Health Initiatives), Series 2013 A, RB(b)(c) |
5.25% | 01/01/2023 | 25 | 25,887 | ||||||||
|
Greeneville (City of), TN Health & Educational Facilities Board (Ballad Health Obligated Group), Series 2018 A, Ref. RB |
5.00% | 07/01/2033 | 100 | 104,794 | ||||||||
|
Memphis (City of), TN, Series 2014 A, Ref. GO Bonds |
5.00% | 11/01/2023 | 25 | 26,634 | ||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan
Government, Series 2013 A, GO |
5.00% | 01/01/2023 | 35 | 36,199 | ||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2013, Ref. GO Bonds(b)(c) |
5.00% | 07/01/2023 | 25 | 26,332 | ||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2017, GO Bonds |
5.00% | 07/01/2023 | 100 | 105,298 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2013 A, GO Bonds(b)(c) |
5.00% | 01/01/2023 | 15 | 15,514 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2013 A, GO Bonds(b)(c) |
5.00% | 01/01/2023 | 60 | 62,056 | ||||||||
|
Tennessee State School Bond Authority, Series 2014, Ref. RB, (CEP - Colorado Higher Education Intercept Program) |
5.00% | 11/01/2023 | 15 | 15,993 | ||||||||
|
|
|
|||||||||||
| 418,707 | ||||||||||||
|
|
|
|||||||||||
|
Texas-9.72% |
||||||||||||
|
Bexar (County of), TX, Series 2013 A, GO Bonds(b)(c) |
4.00% | 06/15/2023 | 25 | 25,976 | ||||||||
|
Bexar (County of), TX, Series 2013 B, GO Bonds(b)(c) |
5.00% | 06/15/2023 | 400 | 420,722 | ||||||||
|
Board of Regents of the University of Texas System, Series 2016 D, RB |
5.00% | 08/15/2023 | 200 | 211,608 | ||||||||
|
Board of Regents of the University of Texas System, Series 2016 J, RB |
5.00% | 08/15/2023 | 25 | 26,451 | ||||||||
|
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2013 F, Ref. RB |
5.25% | 11/01/2033 | 270 | 286,675 | ||||||||
|
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2020 A, Ref. RB |
5.00% | 11/01/2023 | 65 | 69,081 | ||||||||
|
Dallas (City of), TX, Series 2014, Ref. GO Bonds |
5.00% | 02/15/2023 | 20 | 20,792 | ||||||||
|
Dallas (City of), TX, Series 2015 A, Ref. RB |
5.00% | 10/01/2023 | 125 | 132,793 | ||||||||
|
Dallas (City of), TX Independent School District, Series 2014 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 08/15/2023 | 25 | 26,421 | ||||||||
|
Grand Parkway Transportation Corp., Series 2013 B, RB(b)(c) |
5.00% | 10/01/2023 | 280 | 297,137 | ||||||||
|
Hidalgo (County of), TX Regional Mobility Authority, Series 2013, Ref. RB(b)(c) |
5.00% | 12/01/2023 | 75 | 79,937 | ||||||||
|
Houston (City of), TX, Series 2013 A, Ref. GO Bonds(b)(c) |
5.00% | 03/01/2023 | 55 | 57,225 | ||||||||
|
Houston (City of), TX, Series 2014 A, Ref. GO Bonds |
5.00% | 03/01/2023 | 25 | 26,035 | ||||||||
|
Houston (City of), TX, Series 2017 A, Ref. GO Bonds |
5.00% | 03/01/2023 | 185 | 192,655 | ||||||||
|
Houston Community College System, Series 2013, GO Bonds(b)(c) |
5.00% | 02/15/2023 | 65 | 67,563 | ||||||||
|
Houston Community College System, Series 2013, GO Bonds(b)(c) |
5.00% | 02/15/2023 | 135 | 140,324 | ||||||||
|
Lower Colorado River Authority, Series 2019, Ref. RB |
5.00% | 05/15/2023 | 605 | 634,265 | ||||||||
|
Lower Colorado River Authority, Series 2021, Ref. RB |
5.00% | 05/15/2023 | 130 | 136,288 | ||||||||
|
North Texas Tollway Authority, Series 2017 A, Ref. RB |
5.00% | 01/01/2026 | 70 | 72,268 | ||||||||
|
North Texas Tollway Authority, Series 2017 B, Ref. RB |
5.00% | 01/01/2023 | 345 | 356,499 | ||||||||
|
North Texas Tollway Authority, Series 2017 B, Ref. RB |
5.00% | 01/01/2025 | 50 | 51,624 | ||||||||
|
Permanent University Fund - University of Texas System, Series 2007 B, Ref. RB |
5.25% | 07/01/2023 | 150 | 158,545 | ||||||||
|
Red River Education Finance Corp. (Texas Christian University), Series 2013, RB(b)(c) |
5.00% | 03/15/2023 | 100 | 104,256 | ||||||||
|
San Marcos Consolidated Independent School District, Series 2013, GO Bonds(b)(c) |
5.00% | 08/01/2023 | 90 | 94,995 | ||||||||
|
Tarrant County Cultural Education Facilities Finance Corp. (Baylor Health Care System), Series 2013 A, RB(b)(c) |
4.00% | 05/15/2023 | 25 | 25,905 | ||||||||
|
Tarrant County Cultural Education Facilities Finance Corp. (Scott & White Healthcare), Series 2013, RB(b)(c) |
4.00% | 08/15/2023 | 130 | 135,543 | ||||||||
|
Tarrant County Cultural Education Facilities Finance Corp. (Scott & White Healthcare), Series 2013, RB(b)(c) |
5.00% | 08/15/2023 | 35 | 36,996 | ||||||||
|
Texas (State of), Series 2018 A, Ref. GO Bonds |
5.00% | 10/01/2023 | 135 | 143,461 | ||||||||
|
Texas (State of) (Water Financial Assistance), Subseries 2018 B3, Ref. GO Bonds |
5.00% | 08/01/2023 | 75 | 79,228 | ||||||||
|
Texas (State of) Water Development Board, Series 2017 A, RB |
5.00% | 04/15/2023 | 30 | 31,377 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
118 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Texas-(continued) |
||||||||||||
|
Texas State University Board of Regents, Series 2017 A, Ref. RB |
5.00% | 03/15/2023 | $ | 25 | $ | 26,066 | ||||||
|
University of Houston, Series 2017 A, Ref. RB |
5.00% | 02/15/2023 | 10 | 10,396 | ||||||||
|
|
|
|||||||||||
| 4,179,107 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.11% |
||||||||||||
|
Utah (County of), UT (IHC Health Services, Inc.), Series 2016, Ref. RB |
5.00% | 05/15/2023 | 45 | 47,177 | ||||||||
|
|
|
|||||||||||
|
Virginia-1.29% |
||||||||||||
|
Chesapeake Bay Bridge & Tunnel District, Series 2019, RAN |
5.00% | 11/01/2023 | 100 | 106,022 | ||||||||
|
Richmond (City of), VA, Series 2017 B, Ref. GO Bonds |
5.00% | 07/15/2023 | 35 | 36,927 | ||||||||
|
Virginia (State of) College Building Authority, Series 2012 A, Ref. RB(b)(c) |
5.00% | 09/01/2022 | 100 | 102,154 | ||||||||
|
Virginia (State of) Public School Authority, Series 2012, Ref. RB(b)(c) |
5.00% | 08/01/2022 | 155 | 157,774 | ||||||||
|
Virginia (State of) Public School Authority, Series 2012, Ref. RB |
5.00% | 08/01/2023 | 5 | 5,083 | ||||||||
|
Virginia (State of) Public School Authority, Series 2015, Ref. RB |
5.00% | 08/01/2023 | 140 | 147,892 | ||||||||
|
|
|
|||||||||||
| 555,852 | ||||||||||||
|
|
|
|||||||||||
|
Washington-3.17% |
||||||||||||
|
Energy Northwest (Columbia Generating Station), Series 2015 A, Ref. RB |
5.00% | 07/01/2023 | 300 | 316,141 | ||||||||
|
Energy Northwest (Columbia Generating Station), Series 2021, Ref. RB |
5.00% | 07/01/2023 | 400 | 421,522 | ||||||||
|
King (County of), WA, Series 2016 B, Ref. RB(b)(c) |
5.00% | 07/01/2023 | 15 | 15,799 | ||||||||
|
Seattle (City of), WA, Series 2015, Ref. RB |
5.00% | 05/01/2023 | 90 | 94,269 | ||||||||
|
Washington (State of), Series 2012 R, Ref. GO Bonds |
5.00% | 07/01/2023 | 125 | 126,774 | ||||||||
|
Washington (State of), Series 2012 R, Ref. GO Bonds |
5.00% | 07/01/2023 | 85 | 86,206 | ||||||||
|
Washington (State of), Series 2013 A, GO Bonds |
5.00% | 08/01/2027 | 25 | 26,377 | ||||||||
|
Washington (State of), Series 2014 R, Ref. GO Bonds |
5.00% | 07/01/2023 | 60 | 63,236 | ||||||||
|
Washington (State of) (Senior 520 Corridor Program), Series 2013 C, RB |
5.00% | 09/01/2023 | 200 | 211,707 | ||||||||
|
|
|
|||||||||||
| 1,362,031 | ||||||||||||
|
|
|
|||||||||||
|
West Virginia-0.12% |
||||||||||||
|
West Virginia (State of) Commissioner of Highways (Surface Transportation), Series 2017 A, RB |
5.00% | 09/01/2023 | 50 | 52,981 | ||||||||
|
|
|
|||||||||||
|
Wisconsin-1.00% |
||||||||||||
|
Milwaukee (City of), WI, Series 2018 N1, GO Bonds |
5.00% | 02/01/2023 | 375 | 389,046 | ||||||||
|
Wisconsin (State of), Series 2016 B, GO Bonds |
4.00% | 05/01/2023 | 40 | 41,407 | ||||||||
|
|
|
|||||||||||
| 430,453 | ||||||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(d) -98.52% |
42,370,281 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.48% |
637,036 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 43,007,317 | ||||||||||
|
|
|
|||||||||||
| Investment Abbreviations: | ||
| AGM | -Assured Guaranty Municipal Corp. | |
| AMBAC | -American Municipal Bond Assurance Corp. | |
| CEP | -Credit Enhancement Provider | |
| COP | -Certificates of Participation | |
| GO | -General Obligation | |
| INS | -Insurer | |
| NATL | -National Public Finance Guarantee Corp. | |
| RAN | -Revenue Anticipation Notes | |
| RB | -Revenue Bonds | |
| Ref. | -Refunding | |
| Wts. | -Warrants | |
Notes to Schedule of Investments:
| (a) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (b) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (c) |
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (d) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
119 |
||||
|
|
| |||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
22.17 | |||||
|
Miscellaneous Revenue |
10.41 | |||||
|
Lease Revenue |
9.08 | |||||
|
Health, Hospital, Nursing Home Revenue |
8.79 | |||||
|
Water Revenue |
7.16 | |||||
|
College & University Revenue |
6.71 | |||||
|
Sales Tax Revenue |
5.82 | |||||
|
Income Tax Revenue |
5.66 | |||||
|
Highway Tolls Revenue |
5.09 | |||||
|
Appropriations |
3.67 | |||||
|
Electric Power Revenue |
3.62 | |||||
|
General Fund |
3.58 | |||||
|
Revenue Types Each Less Than 3% |
6.76 | |||||
|
Other Assets Less Liabilities |
1.48 | |||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
120 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.85% |
||||||||||||
|
Alabama-0.84% |
||||||||||||
|
Alabama (State of) Federal Aid Highway Finance Authority (Garvee), Series 2017 A, RB(a) |
5.00% | 09/01/2024 | $ | 100 | $ | 109,316 | ||||||
|
Alabama (State of) Public School & College Authority, Series 2014 B, Ref. RB |
5.00% | 01/01/2026 | 100 | 108,452 | ||||||||
|
Alabama (State of) Public School & College Authority, Series 2014 B, Ref. RB |
5.00% | 01/01/2027 | 30 | 32,536 | ||||||||
|
Jefferson (County of), AL, Series 2018 A, Ref. GO Wts |
5.00% | 04/01/2024 | 100 | 107,504 | ||||||||
|
|
|
|||||||||||
| 357,808 | ||||||||||||
|
|
|
|||||||||||
|
Arizona-2.84% |
||||||||||||
|
Arizona (State of) Department of Transportation State Highway Fund Revenue, Series 2015, Ref. RB |
5.00% | 07/01/2032 | 170 | 184,042 | ||||||||
|
Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital), Series 2014, Ref. RB |
5.00% | 12/01/2029 | 500 | 547,810 | ||||||||
|
Chandler (City of), AZ, Series 2014, Ref. GO Bonds |
5.00% | 07/01/2024 | 150 | 163,040 | ||||||||
|
Mesa (City of), AZ, Series 2014, Ref. RB |
3.00% | 07/01/2028 | 20 | 20,660 | ||||||||
|
Mesa (City of), AZ, Series 2014, Ref. RB |
3.25% | 07/01/2029 | 145 | 150,722 | ||||||||
|
Phoenix Civic Improvement Corp., Series 2014 B, Ref. RB |
5.00% | 07/01/2027 | 40 | 43,400 | ||||||||
|
Phoenix Civic Improvement Corp., Series 2018 B, Ref. RB |
5.00% | 07/01/2024 | 100 | 108,693 | ||||||||
|
|
|
|||||||||||
| 1,218,367 | ||||||||||||
|
|
|
|||||||||||
|
California-17.61% |
||||||||||||
|
Anaheim (City of), CA Public Financing Authority, Series 2014 A, Ref. RB(a)(b) |
5.00% | 05/01/2024 | 100 | 108,072 | ||||||||
|
Bay Area Toll Authority, Series 2014 F, Ref. RB(a)(b) |
5.00% | 04/01/2024 | 50 | 53,935 | ||||||||
|
Bay Area Toll Authority (San Francisco Bay Area), Series 2014 S-6, RB(a)(b) |
5.00% | 10/01/2024 | 50 | 54,799 | ||||||||
|
California (State of), Series 2014, GO Bonds |
5.00% | 10/01/2024 | 100 | 109,492 | ||||||||
|
California (State of), Series 2014, GO Bonds |
5.00% | 12/01/2024 | 225 | 240,338 | ||||||||
|
California (State of), Series 2014, Ref. GO Bonds |
5.00% | 12/01/2024 | 100 | 106,817 | ||||||||
|
California (State of), Series 2015 B, Ref. GO Bonds |
5.00% | 09/01/2024 | 125 | 136,516 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 03/01/2024 | 100 | 107,432 | ||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00% | 11/01/2024 | 40 | 43,908 | ||||||||
|
California (State of), Series 2018, Ref. GO Bonds |
5.00% | 10/01/2024 | 100 | 109,492 | ||||||||
|
California (State of), Series 2019, GO Bonds |
4.00% | 10/01/2024 | 125 | 133,700 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2024 | 35 | 37,724 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2033 | 235 | 251,882 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
5.00% | 03/01/2024 | 25 | 26,858 | ||||||||
|
California (State of), Series 2021, GO Bonds |
5.00% | 10/01/2024 | 610 | 667,900 | ||||||||
|
California (State of) (Green Bonds), Series 2014, GO Bonds |
5.00% | 10/01/2028 | 100 | 109,278 | ||||||||
|
California (State of) Department of Water Resources, Series 2014 AS, RB(a)(b) |
5.00% | 12/01/2024 | 100 | 110,189 | ||||||||
|
California (State of) Department of Water Resources, Series 2014, RB(a)(b) |
5.00% | 12/01/2024 | 50 | 55,094 | ||||||||
|
California (State of) Educational Facilities Authority
(Pepperdine University), Series 2014, |
5.00% | 12/01/2024 | 40 | 44,018 | ||||||||
|
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center), Series 2015, Ref. RB |
5.00% | 11/15/2024 | 30 | 32,961 | ||||||||
|
California (State of) Health Facilities Financing Authority (Providence Health & Services), Series 2014 A, RB |
5.00% | 10/01/2038 | 25 | 27,133 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2018 A, RB |
5.00% | 11/15/2024 | 85 | 93,199 | ||||||||
|
California (State of) Infrastructure & Economic Development Bank (Clean Water Revolving Fund), Series 2017, RB |
5.00% | 10/01/2024 | 100 | 109,572 | ||||||||
|
California (State of) Public Works Board, Series 2014 B, RB |
5.00% | 10/01/2039 | 70 | 75,992 | ||||||||
|
California (State of) Public Works Board, Series 2017 B, Ref. RB |
5.00% | 10/01/2024 | 75 | 81,958 | ||||||||
|
California (State of) Public Works Board (Coalinga State Health), Series 2013 E, RB |
5.00% | 06/01/2024 | 125 | 131,169 | ||||||||
|
California (State of) Public Works Board (Various Correctional Facilities), Series 2014 A, RB |
5.00% | 09/01/2026 | 100 | 108,954 | ||||||||
|
California (State of) Public Works Board (Various Correctional Facilities), Series 2014 A, RB |
5.00% | 09/01/2033 | 100 | 108,568 | ||||||||
|
California (State of) Public Works Board (Various Correctional Facilities), Series 2014 A, RB |
4.50% | 09/01/2035 | 100 | 106,965 | ||||||||
|
California (State of) Public Works Board (Various Correctional Facilities), Series 2014 A, RB |
5.00% | 09/01/2039 | 100 | 108,311 | ||||||||
|
California (State of) Statewide Communities Development Authority, Series 2014, Ref. RB(a)(b) |
5.00% | 11/15/2024 | 340 | 374,170 | ||||||||
|
California (State of) Statewide Communities Development Authority (Huntington Memorial Hospital), |
||||||||||||
|
Series 2014 B, Ref. RB(a)(b) |
4.00% | 07/01/2024 | 100 | 106,236 | ||||||||
|
California State University, Series 2014 A, Ref. RB(a)(b) |
5.00% | 11/01/2024 | 200 | 219,816 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
121 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
California-(continued) |
||||||||||||
|
Foothill-Eastern Transportation Corridor Agency, Series 2014 A, Ref. RB(a)(b) |
6.00% | 01/15/2024 | $ | 50 | $ | 54,437 | ||||||
|
Foothill-Eastern Transportation Corridor Agency, Series 2014 A, Ref. RB(a)(b) |
6.00% | 01/15/2024 | 40 | 43,549 | ||||||||
|
Fremont Union High School District, Series 2015, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 135 | 147,224 | ||||||||
|
Inland Valley Development Agency, Series 2014 A, Ref. RB, (INS - AGM)(c) |
5.00% | 09/01/2044 | 100 | 107,260 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2013 B, RB |
5.00% | 07/01/2024 | 30 | 31,561 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2014 A, RB |
5.00% | 07/01/2044 | 235 | 254,410 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2014 D, RB |
5.00% | 07/01/2033 | 200 | 216,856 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2015 E, RB |
5.00% | 07/01/2044 | 200 | 216,327 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2016 A, Ref. RB |
5.00% | 06/01/2024 | 5 | 5,420 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2016 A, Ref. RB |
5.00% | 07/01/2024 | 40 | 43,477 | ||||||||
|
Los Angeles (County of), CA Public Works Financing Authority, Series 2015 A, RB |
5.00% | 12/01/2039 | 200 | 218,614 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
4.00% | 08/01/2024 | 25 | 26,640 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds |
5.00% | 08/01/2024 | 20 | 21,806 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 50 | 54,465 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 40 | 43,572 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 105 | 114,376 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 165 | 179,733 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 125 | 136,162 | ||||||||
|
Los Angeles Community College District, Series 2015 A, Ref. GO Bonds(a)(b) |
5.00% | 08/01/2024 | 200 | 217,859 | ||||||||
|
Los Angeles Community College District, Series 2015 C, Ref. GO Bonds |
5.00% | 08/01/2024 | 5 | 5,451 | ||||||||
|
Los Angeles Unified School District, Series 2014 D, Ref. GO Bonds |
5.00% | 07/01/2024 | 25 | 27,191 | ||||||||
|
Los Angeles Unified School District, Series 2017 A, Ref. GO Bonds |
5.00% | 07/01/2024 | 200 | 217,531 | ||||||||
|
Metropolitan Water District of Southern California, Series 2017 B, Ref. RB |
5.00% | 08/01/2024 | 70 | 76,035 | ||||||||
|
Metropolitan Water District of Southern California, Series 2019 A, Ref. RB |
5.00% | 07/01/2024 | 100 | 108,645 | ||||||||
|
Regents of the University of California Medical Center, Series 2016 L, Ref. RB |
5.00% | 05/15/2024 | 15 | 16,221 | ||||||||
|
San Diego (City of), CA Public Facilities Financing Authority, Series 2016 B, Ref. RB |
5.00% | 08/01/2024 | 10 | 10,893 | ||||||||
|
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2016 D, Ref. RB |
5.00% | 05/01/2024 | 25 | 26,968 | ||||||||
|
San Francisco (City of), CA Public Utilities Commission, Series 2015, Ref. RB |
5.00% | 11/01/2024 | 30 | 32,964 | ||||||||
|
San Joaquin Delta Community College District (Election of
2004), Series 2014 C, GO |
5.00% | 08/01/2024 | 20 | 21,786 | ||||||||
|
San Marcos Unified School District (Election of 2010), Series 2014 C, GO Bonds(a)(b) |
5.00% | 02/15/2024 | 25 | 26,868 | ||||||||
|
Southern California Public Power Authority (Apex Power), Series 2014 A, RB |
5.00% | 07/01/2037 | 200 | 216,231 | ||||||||
|
Southern California Public Power Authority (Green Bonds), Series 2020, Ref. RB |
5.00% | 04/01/2024 | 255 | 272,847 | ||||||||
|
Twin Rivers Unified School District, Series 2014 A, GO Bonds(a)(b) |
5.00% | 02/01/2024 | 5 | 5,353 | ||||||||
|
University of California, Series 2013 AF, RB |
5.00% | 05/15/2024 | 110 | 115,267 | ||||||||
|
University of California, Series 2014 AM, RB |
5.00% | 05/15/2027 | 35 | 37,848 | ||||||||
|
|
|
|||||||||||
| 7,544,295 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-0.64% |
||||||||||||
|
Colorado (State of), Series 2018 A, COP |
5.00% | 12/15/2024 | 40 | 44,023 | ||||||||
|
Denver (City & County of), CO Airport System Revenue, Series 2016 A, Ref. RB |
5.00% | 11/15/2024 | 25 | 27,411 | ||||||||
|
Denver City & County School District No. 1, Series 2014 B, Ref. GO Bonds |
5.00% | 12/01/2027 | 25 | 27,462 | ||||||||
|
Douglas County School District No. Re-1 Douglas & Elbert Counties, Series 2019, GO Bonds |
5.00% | 12/15/2024 | 20 | 22,064 | ||||||||
|
Regional Transportation District, Series 2013 A, Ref. COP |
5.00% | 06/01/2024 | 110 | 115,218 | ||||||||
|
University of Colorado, Series 2017 A-2, Ref. RB |
3.25% | 06/01/2037 | 35 | 36,059 | ||||||||
|
|
|
|||||||||||
| 272,237 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-1.43% |
||||||||||||
|
Connecticut (State of), Series 2014 A, GO Bonds |
5.00% | 03/01/2027 | 100 | 107,226 | ||||||||
|
Connecticut (State of), Series 2014 A, RB |
5.00% | 09/01/2026 | 75 | 81,754 | ||||||||
|
Connecticut (State of), Series 2017 A, GO Bonds |
5.00% | 04/15/2024 | 90 | 97,146 | ||||||||
|
Connecticut (State of) (Green Bonds), Series 2014 G, GO Bonds |
5.00% | 11/15/2028 | 100 | 109,562 | ||||||||
|
Connecticut (State of) Health & Educational Facilities Authority (Yale New Haven Health), Series 2014 E, RB |
5.00% | 07/01/2024 | 200 | 217,290 | ||||||||
|
|
|
|||||||||||
| 612,978 | ||||||||||||
|
|
|
|||||||||||
|
District of Columbia-1.00% |
||||||||||||
|
District of Columbia, Series 2014 A, Ref. RB |
5.00% | 12/01/2024 | 35 | 38,556 | ||||||||
|
District of Columbia, Series 2014 C, GO Bonds |
5.00% | 06/01/2031 | 20 | 21,639 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
122 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
District of Columbia-(continued) |
||||||||||||
|
District of Columbia, Series 2014 C, GO Bonds |
5.00% | 06/01/2032 | $ | 35 | $ | 37,844 | ||||||
|
District of Columbia, Series 2018 B, Ref. GO Bonds |
5.00% | 06/01/2024 | 225 | 244,018 | ||||||||
|
District of Columbia, Series 2019 A, GO Bonds |
5.00% | 10/15/2024 | 40 | 43,892 | ||||||||
|
District of Columbia, Series 2019 C, Ref. RB |
5.00% | 10/01/2024 | 25 | 27,400 | ||||||||
|
District of Columbia (Georgetown University), Series 2017, Ref. RB(a) |
5.00% | 04/01/2024 | 15 | 16,132 | ||||||||
|
|
|
|||||||||||
| 429,481 | ||||||||||||
|
|
|
|||||||||||
|
Florida-3.39% |
||||||||||||
|
Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics), Series 2014 A, RB |
4.00% | 12/01/2044 | 145 | 151,692 | ||||||||
|
Florida (State of), Series 2017 A, Ref. RB |
5.00% | 07/01/2024 | 100 | 108,814 | ||||||||
|
Florida (State of) (Capital Outlay), Series 2015 A, Ref. GO Bonds |
5.00% | 06/01/2026 | 165 | 178,869 | ||||||||
|
Florida (State of) Department of Environmental Protection (FL Forever), Series 2016 A, Ref. RB |
5.00% | 07/01/2024 | 65 | 70,651 | ||||||||
|
Hillsborough (County of), FL Aviation Authority (Tampa International Airport), Series 2015 A, RB |
5.00% | 10/01/2044 | 100 | 107,716 | ||||||||
|
Jacksonville (City of), FL (Brooks Rehabilitation), Series 2015, RB |
4.00% | 11/01/2040 | 155 | 162,224 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2014 D, Ref. COP |
5.00% | 11/01/2028 | 25 | 27,270 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2014 D, Ref. COP |
5.00% | 11/01/2030 | 30 | 32,659 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2015 B, Ref. COP |
5.00% | 05/01/2024 | 100 | 107,759 | ||||||||
|
Miami Beach (City of), FL Redevelopment Agency (City Center), Series 2015, Ref. RB, (INS - AGM)(c) |
5.00% | 02/01/2040 | 100 | 106,246 | ||||||||
|
Miami-Dade (County of), FL, Series 2015 B, Ref. GO Bonds |
5.00% | 07/01/2028 | 90 | 97,585 | ||||||||
|
Miami-Dade (County of), FL, Series 2015 B, Ref. GO Bonds |
5.00% | 07/01/2029 | 110 | 119,271 | ||||||||
|
Miami-Dade (County of), FL, Series 2015 B, Ref. GO Bonds |
3.00% | 07/01/2030 | 25 | 25,792 | ||||||||
|
Miami-Dade (County of), FL, Series 2015 B, Ref. GO Bonds |
4.00% | 07/01/2034 | 25 | 26,435 | ||||||||
|
Orlando (City of), FL Utilities Commission, Series 2013 A, Ref. RB |
5.00% | 10/01/2024 | 120 | 131,454 | ||||||||
|
|
|
|||||||||||
| 1,454,437 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-1.98% |
||||||||||||
|
Atlanta (City of), GA, Series 2014 A, Ref. RB |
5.00% | 01/01/2028 | 50 | 53,311 | ||||||||
|
Atlanta (City of), GA, Series 2014 A, Ref. RB |
5.00% | 01/01/2030 | 100 | 106,622 | ||||||||
|
Atlanta (City of), GA, Series 2015, GO Bonds(a)(b) |
4.75% | 12/01/2024 | 270 | 295,231 | ||||||||
|
Atlanta (City of), GA, Series 2015, GO Bonds(a)(b) |
5.00% | 12/01/2024 | 50 | 55,009 | ||||||||
|
Atlanta (City of), GA, Series 2015, Ref. RB |
5.00% | 11/01/2024 | 100 | 109,825 | ||||||||
|
Forsyth (County of), GA, Series 2019, GO Bonds |
5.00% | 09/01/2024 | 20 | 21,884 | ||||||||
|
Georgia (State of), Series 2014 A-2, GO Bonds |
5.00% | 02/01/2027 | 20 | 21,468 | ||||||||
|
Georgia (State of), Series 2016 A-1, GO Bonds |
5.00% | 02/01/2024 | 10 | 10,748 | ||||||||
|
Georgia (State of), Series 2016 C-1, Ref. GO Bonds |
5.00% | 01/01/2024 | 25 | 26,802 | ||||||||
|
Georgia (State of), Series 2016 F, Ref. GO Bonds |
5.00% | 01/01/2024 | 25 | 26,802 | ||||||||
|
Georgia (State of), Series 2019 A, GO Bonds |
5.00% | 07/01/2024 | 100 | 108,742 | ||||||||
|
Georgia (State of), Series 2020 A, GO Bonds |
5.00% | 08/01/2024 | 10 | 10,910 | ||||||||
|
|
|
|||||||||||
| 847,354 | ||||||||||||
|
|
|
|||||||||||
|
Hawaii-0.41% |
||||||||||||
|
Hawaii (State of), Series 2015 EZ, Ref. GO Bonds |
5.00% | 10/01/2024 | 100 | 109,545 | ||||||||
|
Hawaii (State of), Series 2016 FE, Ref. GO Bonds |
5.00% | 10/01/2024 | 10 | 10,954 | ||||||||
|
Hawaii (State of), Series 2016, GO Bonds |
5.00% | 10/01/2024 | 50 | 54,773 | ||||||||
|
|
|
|||||||||||
| 175,272 | ||||||||||||
|
|
|
|||||||||||
|
Illinois-5.06% |
||||||||||||
|
Chicago (City of), IL, Series 2014 A, Ref. GO Bonds |
5.00% | 01/01/2034 | 100 | 105,775 | ||||||||
|
Chicago (City of), IL, Series 2016 C, Ref. GO Bonds |
5.00% | 01/01/2024 | 25 | 26,516 | ||||||||
|
Chicago (City of), IL Midway International Airport, Series 2014 B, Ref. RB |
5.00% | 01/01/2027 | 150 | 158,950 | ||||||||
|
Chicago (City of), IL Park District, Series 2013 A, GO Bonds(a)(b) |
5.75% | 01/01/2024 | 100 | 108,297 | ||||||||
|
Chicago O’Hare International Airport, Series 2015 B, Ref. RB |
5.00% | 01/01/2024 | 150 | 159,989 | ||||||||
|
Chicago O’Hare International Airport, Series 2017 E, RB |
5.00% | 01/01/2024 | 60 | 63,996 | ||||||||
|
Du Page & Will Counties Community School District No. 204 Indian Prairie, Series 2017, Ref. GO Bonds |
4.00% | 12/30/2024 | 85 | 91,338 | ||||||||
|
Illinois (State of), Series 2013, RB |
5.00% | 06/15/2024 | 145 | 151,718 | ||||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.00% | 02/01/2024 | 200 | 213,600 | ||||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.00% | 05/01/2024 | 50 | 53,795 | ||||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.00% | 05/01/2027 | 10 | 10,714 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
123 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Illinois-(continued) |
||||||||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.00% | 05/01/2028 | $ | 10 | $ | 10,700 | ||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.25% | 02/01/2029 | 210 | 224,302 | ||||||||
|
Illinois (State of), Series 2014, GO Bonds |
5.25% | 02/01/2030 | 100 | 106,630 | ||||||||
|
Illinois (State of), Series 2014, GO Bonds, (INS - AGM)(c) |
4.25% | 05/01/2034 | 20 | 21,057 | ||||||||
|
Illinois (State of), Series 2016, Ref. GO Bonds |
5.00% | 02/01/2024 | 20 | 21,360 | ||||||||
|
Illinois (State of) Finance Authority (Advocate Health Care Network), Series 2014, Ref. RB(a)(b) |
5.00% | 08/01/2024 | 25 | 27,164 | ||||||||
|
Illinois (State of) Finance Authority (Advocate Health Care Network), Series 2014, Ref. RB(a)(b) |
5.00% | 08/01/2024 | 30 | 32,596 | ||||||||
|
Illinois (State of) Finance Authority (Clean Water Initiative), Series 2016, RB |
5.00% | 07/01/2024 | 10 | 10,855 | ||||||||
|
Illinois (State of) Finance Authority (The University of Chicago), Series 2014 A, Ref. RB |
5.00% | 10/01/2024 | 80 | 87,422 | ||||||||
|
Illinois (State of) Finance Authority (The University of Chicago), Series 2014 A, Ref. RB |
5.00% | 10/01/2026 | 35 | 38,219 | ||||||||
|
Illinois (State of) Finance Authority (University of Chicago), Series 2014 A, Ref. RB |
5.00% | 10/01/2029 | 40 | 43,626 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2014 D, Ref. RB |
5.00% | 01/01/2024 | 200 | 213,658 | ||||||||
|
Metropolitan Water Reclamation District of Greater Chicago (Green Bonds), Series 2015 C, GO Bonds |
5.00% | 12/01/2027 | 30 | 33,040 | ||||||||
|
Sales Tax Securitization Corp., Series 2018 C, Ref. RB |
5.00% | 01/01/2024 | 60 | 64,086 | ||||||||
|
Springfield (City of), IL, Series 2015, Ref. RB |
5.00% | 03/01/2024 | 60 | 64,114 | ||||||||
|
Winnebago & Boone Counties School District No. 205 Rockford, Series 2015 B, GO Bonds |
4.00% | 02/01/2035 | 25 | 26,097 | ||||||||
|
|
|
|||||||||||
| 2,169,614 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-0.58% |
||||||||||||
|
Indiana (State of) Finance Authority, Series 2016 C, Ref. RB |
5.00% | 12/01/2024 | 10 | 11,010 | ||||||||
|
Indiana (State of) Finance Authority (CWA Authority), Series 2014 A, RB |
5.00% | 10/01/2039 | 25 | 27,186 | ||||||||
|
Indiana (State of) Finance Authority (Green Bonds), Series 2015 B, Ref. RB |
5.00% | 02/01/2024 | 20 | 21,469 | ||||||||
|
Indiana (State of) Finance Authority (Green Bonds), Series 2021 B, Ref. RB |
5.00% | 02/01/2024 | 100 | 107,347 | ||||||||
|
Indiana (State of) Finance Authority (Indiana University Health Obligated Group), Series 2016 A, Ref. RB |
5.00% | 12/01/2024 | 25 | 27,490 | ||||||||
|
Indiana (State of) Finance Authority (Indianapolis Power & Light Co.), Series 2016 A, Ref. RB |
3.13% | 12/01/2024 | 50 | 51,908 | ||||||||
|
|
|
|||||||||||
| 246,410 | ||||||||||||
|
|
|
|||||||||||
|
Iowa-0.14% |
||||||||||||
|
Iowa (State of), Series 2016 A, Ref. RB |
5.00% | 06/01/2024 | 55 | 59,610 | ||||||||
|
|
|
|||||||||||
|
Kansas-0.20% |
||||||||||||
|
Kansas (State of) Department of Transportation, Series 2015 A, Ref. RB |
3.00% | 09/01/2024 | 25 | 26,090 | ||||||||
|
Kansas (State of) Department of Transportation, Series 2015 A, Ref. RB |
5.00% | 09/01/2024 | 55 | 60,095 | ||||||||
|
|
|
|||||||||||
| 86,185 | ||||||||||||
|
|
|
|||||||||||
|
Kentucky-0.38% |
||||||||||||
|
Louisville (City of) & Jefferson (County of), KY Sewer District, Series 2017 B, Ref. RB |
5.00% | 05/15/2024 | 150 | 162,446 | ||||||||
|
|
|
|||||||||||
|
Louisiana-0.68% |
||||||||||||
|
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority, Series 2014, RB(a)(b) |
5.00% | 02/01/2024 | 70 | 75,115 | ||||||||
|
Louisiana (State of) Public Facilities Authority (Hurricane Recovery Program), Series 2014, Ref. RB |
5.00% | 06/01/2024 | 5 | 5,409 | ||||||||
|
New Orleans (City of), LA, Series 2014, Ref. RB(a)(b) |
5.00% | 06/01/2024 | 150 | 162,330 | ||||||||
|
New Orleans (City of), LA, Series 2014, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 15 | 16,481 | ||||||||
|
New Orleans (City of), LA, Series 2014, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 30 | 32,962 | ||||||||
|
|
|
|||||||||||
| 292,297 | ||||||||||||
|
|
|
|||||||||||
|
Maine-0.56% |
||||||||||||
|
Maine (State of) Health & Higher Educational Facilities Authority (Mainhealth), Series 2015, RB |
4.00% | 07/01/2044 | 210 | 218,608 | ||||||||
|
Maine (State of) Municipal Bond Bank, Series 2015 A, Ref. RB |
5.00% | 09/01/2024 | 20 | 21,853 | ||||||||
|
|
|
|||||||||||
| 240,461 | ||||||||||||
|
|
|
|||||||||||
|
Maryland-2.39% |
||||||||||||
|
Baltimore (City of), MD (Wastewater), Series 2013 C, RB(a)(b) |
5.00% | 01/01/2024 | 80 | 85,629 | ||||||||
|
Baltimore (City of), MD (Water), Series 2013 A, RB(a)(b) |
5.00% | 01/01/2024 | 45 | 48,167 | ||||||||
|
Howard (County of), MD, Series 2017 B, Ref. GO Bonds |
5.00% | 02/15/2024 | 100 | 107,491 | ||||||||
|
Maryland (State of), First Series 2016, GO Bonds |
4.00% | 06/01/2027 | 120 | 127,463 | ||||||||
|
Maryland (State of), First Series 2016, GO Bonds |
4.00% | 06/01/2030 | 25 | 26,488 | ||||||||
|
Maryland (State of), Second Series 2018 B, GO Bonds |
5.00% | 08/01/2024 | 30 | 32,716 | ||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 03/15/2024 | 20 | 21,555 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
124 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Maryland-(continued) |
||||||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 08/01/2024 | $ | 10 | $ | 10,905 | ||||||
|
Maryland (State of), Series 2017 B, Ref. GO Bonds |
5.00% | 08/01/2024 | 50 | 54,527 | ||||||||
|
Maryland (State of), Series 2017 C, Ref. GO Bonds |
5.00% | 08/01/2024 | 65 | 70,885 | ||||||||
|
Maryland (State of), Series 2018 A, GO Bonds |
5.00% | 03/15/2024 | 35 | 37,722 | ||||||||
|
Maryland (State of), Series 2020 C, Ref. GO Bonds |
5.00% | 08/01/2024 | 50 | 54,527 | ||||||||
|
Maryland (State of) Department of Transportation, Series 2016, RB |
4.00% | 11/01/2027 | 25 | 26,754 | ||||||||
|
Maryland (State of) Department of Transportation, Series 2016, RB |
4.00% | 11/01/2029 | 100 | 106,910 | ||||||||
|
Maryland (State of) Department of Transportation, Series 2017, RB |
5.00% | 09/01/2024 | 45 | 49,169 | ||||||||
|
Maryland (State of) Health & Higher Educational Facilities Authority (Loyola University), Series 2014, Ref. RB |
5.00% | 10/01/2045 | 100 | 108,763 | ||||||||
|
Montgomery (County of), MD, Series 2014 A, GO Bonds(a)(b) |
5.00% | 11/01/2024 | 40 | 43,952 | ||||||||
|
Montgomery (County of), MD, Series 2014 B, Ref. GO Bonds |
5.00% | 11/01/2024 | 10 | 10,991 | ||||||||
|
|
|
|||||||||||
| 1,024,614 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-4.11% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2014 C, Ref. GO Bonds |
5.00% | 08/01/2024 | 200 | 218,059 | ||||||||
|
Massachusetts (Commonwealth of), Series 2016 A, GO Bonds |
4.00% | 03/01/2041 | 30 | 31,366 | ||||||||
|
Massachusetts (Commonwealth of), Series 2016 A, Ref. GO Bonds |
5.00% | 07/01/2024 | 45 | 48,934 | ||||||||
|
Massachusetts (Commonwealth of), Series 2017 E, Ref. GO Bonds |
5.00% | 11/01/2024 | 175 | 192,291 | ||||||||
|
Massachusetts (Commonwealth of), Series 2021 B, Ref. GO Bonds |
5.00% | 11/01/2024 | 500 | 549,401 | ||||||||
|
Massachusetts (Commonwealth of) Federal Highway (Garvee), Series 2014 A, RB |
5.00% | 06/15/2024 | 25 | 27,159 | ||||||||
|
Massachusetts (State of) Bay Transportation Authority, Series 2005 A, RB |
5.00% | 07/01/2024 | 10 | 10,869 | ||||||||
|
Massachusetts (State of) College Building Authority (Green Bonds), Series 2014 B, RB(a)(b) |
5.00% | 05/01/2024 | 285 | 308,260 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Children’s Hospital), Series 2014 P, RB(a)(b) |
5.00% | 10/01/2024 | 20 | 21,866 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2018 A, RB(a)(b) |
5.00% | 02/15/2024 | 200 | 214,828 | ||||||||
|
Massachusetts (State of) Water Resources Authority (Green Bonds), Series 2017 C, Ref. RB |
5.00% | 08/01/2024 | 25 | 27,232 | ||||||||
|
Massachusetts Clean Water Trust (The), Series 2006, Ref. RB |
5.00% | 08/01/2024 | 100 | 109,105 | ||||||||
|
|
|
|||||||||||
| 1,759,370 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-2.10% |
||||||||||||
|
Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB |
5.00% | 04/15/2024 | 225 | 242,519 | ||||||||
|
Michigan (State of) Finance Authority, Series 2016 C-3, Ref. RB |
5.00% | 04/01/2024 | 160 | 171,699 | ||||||||
|
Michigan (State of) Finance Authority (Beaumont Health Credit Group), Series 2015, Ref. RB |
5.00% | 08/01/2028 | 35 | 37,777 | ||||||||
|
Michigan (State of) Finance Authority (Beaumont Health Credit Group), Series 2015, Ref. RB |
5.00% | 08/01/2031 | 85 | 91,556 | ||||||||
|
Michigan (State of) Finance Authority (Clean Water Revolving Fund), Series 2016 B, Ref. RB |
5.00% | 10/01/2024 | 150 | 164,479 | ||||||||
|
Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2014 C-3, RB, (INS - AGM)(c) |
5.00% | 07/01/2030 | 20 | 21,710 | ||||||||
|
Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2014 C-3, RB, (INS - AGM)(c) |
5.00% | 07/01/2032 | 20 | 21,652 | ||||||||
|
Michigan (State of) Finance Authority (Detroit Water & Sewerage Department), Series 2014 D-4, Ref. RB |
5.00% | 07/01/2031 | 30 | 32,471 | ||||||||
|
Michigan (State of) Finance Authority (Henry Ford Health System), Series 2016, Ref. RB |
5.00% | 11/15/2024 | 20 | 21,963 | ||||||||
|
University of Michigan, Series 2017 A, Ref. RB |
5.00% | 04/01/2024 | 85 | 91,707 | ||||||||
|
|
|
|||||||||||
| 897,533 | ||||||||||||
|
|
|
|||||||||||
|
Minnesota-1.18% |
||||||||||||
|
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission, Series 2014 A, Ref. RB |
5.00% | 01/01/2029 | 100 | 106,434 | ||||||||
|
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission, Series 2014 A, Ref. RB |
5.00% | 01/01/2030 | 275 | 292,436 | ||||||||
|
Western Minnesota Municipal Power Agency, Series 2014 A, RB(a)(b) |
5.00% | 01/01/2024 | 100 | 106,943 | ||||||||
|
|
|
|||||||||||
| 505,813 | ||||||||||||
|
|
|
|||||||||||
|
Mississippi-0.04% |
||||||||||||
|
Mississippi (State of), Series 2015 C, Ref. GO Bonds |
5.00% | 10/01/2024 | 15 | 16,432 | ||||||||
|
|
|
|||||||||||
|
Missouri-1.74% |
||||||||||||
|
Curators of the University of Missouri (The), Series 2014 A, Ref. RB |
5.00% | 11/01/2024 | 15 | 16,478 | ||||||||
|
Jackson (County of), MO (Truman Sports Complex), Series 2014, Ref. RB |
5.00% | 12/01/2024 | 30 | 32,438 | ||||||||
|
Missouri (State of) Health & Educational Facilities Authority (SSM Health Care), Series 2014 A, Ref. RB |
5.00% | 06/01/2026 | 10 | 10,801 | ||||||||
|
Missouri (State of) Health & Educational Facilities Authority (SSM Health Care), Series 2014 A, Ref. RB |
5.00% | 06/01/2027 | 25 | 26,991 | ||||||||
|
Missouri (State of) Health & Educational Facilities Authority (SSM Health Care), Series 2014 A, Ref. RB |
4.00% | 06/01/2033 | 190 | 199,776 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
125 |
||||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Missouri-(continued) |
||||||||||||
|
Missouri (State of) Highway & Transportation Commission, Series 2014 A, Ref. RB |
5.00% | 05/01/2024 | $ | 90 | $ | 97,507 | ||||||
|
Springfield (City of), MO, Series 2015, Ref. RB |
5.00% | 08/01/2024 | 25 | 27,214 | ||||||||
|
St Louis (City of), MO, Series 2017 A, Ref. RB, (INS - AGM)(c) |
5.00% | 07/01/2024 | 310 | 335,456 | ||||||||
|
|
|
|||||||||||
| 746,661 | ||||||||||||
|
|
|
|||||||||||
|
Nebraska-0.05% |
||||||||||||
|
Omaha (City of), NE Public Power District, Series 2015 B, Ref. RB |
4.00% | 02/01/2039 | 10 | 10,516 | ||||||||
|
Omaha (City of), NE Public Power District, Series 2016 A, Ref. RB |
5.00% | 02/01/2024 | 10 | 10,723 | ||||||||
|
|
|
|||||||||||
| 21,239 | ||||||||||||
|
|
|
|||||||||||
|
Nevada-0.84% |
||||||||||||
|
Clark (County of), NV, Series 2016, Ref. RB |
5.00% | 07/01/2024 | 70 | 76,001 | ||||||||
|
Clark (County of), NV Department of Aviation, Series 2014 A-2, Ref. RB |
5.00% | 07/01/2029 | 100 | 108,212 | ||||||||
|
Clark County School District, Series 2016 A, Ref. GO Bonds |
5.00% | 06/15/2024 | 30 | 32,455 | ||||||||
|
Clark County School District, Series 2017 A, Ref. GO Bonds |
5.00% | 06/15/2024 | 75 | 81,139 | ||||||||
|
Las Vegas Valley Water District, Series 2015, Ref. GO Bonds |
5.00% | 06/01/2033 | 30 | 32,843 | ||||||||
|
Las Vegas Valley Water District, Series 2015, Ref. GO Bonds |
5.00% | 06/01/2039 | 25 | 27,284 | ||||||||
|
|
|
|||||||||||
| 357,934 | ||||||||||||
|
|
|
|||||||||||
|
New Jersey-4.27% |
||||||||||||
|
New Jersey (State of), Series 2014, GO Bonds |
5.00% | 06/01/2024 | 100 | 107,826 | ||||||||
|
New Jersey (State of), Series 2020 A, GO Bonds |
5.00% | 06/01/2024 | 180 | 194,087 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2013 NN, Ref. RB |
5.00% | 03/01/2024 | 125 | 129,324 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2014 PP, Ref. RB(a)(b) |
5.00% | 06/15/2024 | 185 | 200,904 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2014 UU, RB |
5.00% | 06/15/2026 | 75 | 80,788 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2014, RB |
5.00% | 06/15/2040 | 150 | 160,879 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2009 D, RB |
5.00% | 06/15/2032 | 130 | 141,569 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2010 D, RB |
5.00% | 12/15/2024 | 25 | 27,309 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2014 AA, RB |
5.00% | 06/15/2026 | 100 | 107,717 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2014 AA, RB |
5.00% | 06/15/2038 | 200 | 214,651 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RB |
5.00% | 12/15/2024 | 25 | 27,309 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2014 A, RB(a)(b) |
5.00% | 07/01/2024 | 100 | 108,742 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2014 A, RB |
5.00% | 01/01/2027 | 100 | 108,260 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2014 A, RB |
5.00% | 01/01/2030 | 125 | 135,175 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2014 A, RB |
5.00% | 01/01/2033 | 35 | 37,807 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2014 A, RB |
5.00% | 01/01/2034 | 45 | 48,598 | ||||||||
|
|
|
|||||||||||
| 1,830,945 | ||||||||||||
|
|
|
|||||||||||
|
New Mexico-0.23% |
||||||||||||
|
New Mexico (State of) Finance Authority, Series 2014 B1, Ref. RB |
5.00% | 06/15/2027 | 15 | 16,249 | ||||||||
|
New Mexico (State of) Severance Tax Permanent Fund, Series 2015 A, RB |
5.00% | 07/01/2024 | 25 | 27,143 | ||||||||
|
New Mexico (State of) Severance Tax Permanent Fund, Series 2016 B, Ref. RB |
4.00% | 07/01/2024 | 50 | 53,142 | ||||||||
|
|
|
|||||||||||
| 96,534 | ||||||||||||
|
|
|
|||||||||||
|
New York-16.42% |
||||||||||||
|
Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District), Series 2016 A, Ref. RB |
5.00% | 05/01/2024 | 5 | 5,400 | ||||||||
|
Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District), Series 2021, Ref. RB |
5.00% | 05/01/2024 | 200 | 216,010 | ||||||||
|
Metropolitan Transportation Authority, Series 2005 B, RB, (INS - AMBAC)(c) |
5.25% | 11/15/2024 | 200 | 220,454 | ||||||||
|
Metropolitan Transportation Authority, Series 2014 C, RB |
5.00% | 11/15/2024 | 100 | 109,773 | ||||||||
|
Metropolitan Transportation Authority, Subseries 2014 D-1, RB |
5.25% | 11/15/2044 | 100 | 108,179 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 B-2, RB |
5.00% | 11/15/2024 | 15 | 16,512 | ||||||||
|
New York & New Jersey (States of) Port Authority, One Hundred Ninety Fourth Series 2015, Ref. RB |
5.00% | 10/15/2024 | 125 | 137,060 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2014, RB |
5.00% | 09/01/2028 | 25 | 27,239 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2014, RB |
5.00% | 09/01/2033 | 100 | 108,799 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2015, Ref. RB |
5.00% | 05/01/2024 | 130 | 140,523 | ||||||||
|
New York & New Jersey (States of) Port Authority, Two Hundred Ninth Series 2018, Ref. RB |
5.00% | 07/15/2024 | 20 | 21,760 | ||||||||
|
New York (City of), NY, Series 2013 G, GO Bonds |
5.00% | 08/01/2024 | 125 | 134,035 | ||||||||
|
New York (City of), NY, Series 2013 G, GO Bonds |
5.00% | 08/01/2025 | 50 | 53,515 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
126 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York (City of), NY, Series 2013 I, GO Bonds |
5.00% | 08/01/2024 | $ | 25 | $ | 26,373 | ||||||
|
New York (City of), NY, Series 2014 DD, Ref. RB |
3.25% | 06/15/2028 | 10 | 10,450 | ||||||||
|
New York (City of), NY, Series 2015 A, Ref. GO Bonds |
5.00% | 08/01/2024 | 25 | 27,226 | ||||||||
|
New York (City of), NY, Series 2016 C, Ref. GO Bonds |
5.00% | 08/01/2024 | 5 | 5,445 | ||||||||
|
New York (City of), NY, Series 2017 A, Ref. GO Bonds |
5.00% | 08/01/2024 | 10 | 10,890 | ||||||||
|
New York (City of), NY, Series 2017 C, Ref. GO Bonds |
5.00% | 08/01/2024 | 10 | 10,890 | ||||||||
|
New York (City of), NY, Series 2018 AA, Ref. RB |
5.00% | 06/15/2024 | 190 | 206,000 | ||||||||
|
New York (City of), NY, Series 2019 BB-2, RB |
5.00% | 06/15/2026 | 200 | 219,885 | ||||||||
|
New York (City of), NY, Series 2020 GG, RB |
5.00% | 06/15/2026 | 75 | 82,457 | ||||||||
|
New York (City of), NY, Subseries 2014 I-1, GO Bonds |
5.00% | 03/01/2027 | 200 | 214,575 | ||||||||
|
New York (City of), NY, Subseries 2014 I-1, GO Bonds |
5.00% | 03/01/2036 | 15 | 16,047 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2014 DD, Ref. RB |
5.00% | 06/15/2028 | 200 | 216,606 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2014 DD, Ref. RB |
5.00% | 06/15/2036 | 65 | 70,244 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2014, Ref. RB |
5.00% | 06/15/2045 | 10 | 10,739 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2015 EE, Ref. RB |
5.00% | 06/15/2036 | 100 | 108,067 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2013, RB |
5.00% | 05/01/2024 | 25 | 26,162 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2014 B-1, RB |
5.00% | 08/01/2029 | 10 | 10,860 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2014 B-1, RB |
5.00% | 08/01/2032 | 15 | 16,287 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2014 D1, RB |
5.00% | 02/01/2031 | 15 | 16,046 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 C, Ref. RB |
5.00% | 11/01/2024 | 80 | 87,949 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2019 A-1, RB |
5.00% | 05/01/2024 | 35 | 37,872 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2014 B-1, RB |
5.00% | 11/01/2024 | 200 | 216,368 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2014 B-1, RB |
5.00% | 11/01/2029 | 100 | 107,782 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2018 A-1, RB |
5.00% | 08/01/2024 | 50 | 54,540 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 03/15/2024 | 25 | 26,918 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 02/15/2028 | 15 | 16,081 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 03/15/2028 | 55 | 59,000 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 03/15/2032 | 210 | 225,140 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 03/15/2033 | 100 | 107,168 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 C, RB |
5.00% | 03/15/2030 | 50 | 53,730 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 C, RB |
5.00% | 03/15/2032 | 15 | 16,119 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 C, RB |
5.00% | 03/15/2033 | 225 | 241,692 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, RB |
5.00% | 03/15/2024 | 10 | 10,767 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, Ref. RB(a) |
5.00% | 02/15/2024 | 25 | 26,864 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, Ref. RB |
5.00% | 07/01/2024 | 20 | 21,724 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 F, Ref. RB |
5.00% | 10/01/2024 | 55 | 59,781 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 G, Ref. RB |
5.00% | 10/01/2024 | 490 | 533,503 | ||||||||
|
New York (State of) Dormitory Authority (Bidding Group 2), Series 2018 C, Ref. RB |
5.00% | 03/15/2024 | 150 | 161,506 | ||||||||
|
New York (State of) Dormitory Authority (New York University), Series 2015 A, Ref. RB |
5.00% | 07/01/2024 | 10 | 10,852 | ||||||||
|
New York (State of) Dormitory Authority (New York University), Series 2016 A, RB |
5.00% | 07/01/2024 | 100 | 108,524 | ||||||||
|
New York (State of) Thruway Authority, Series 2014 J, RB |
5.00% | 01/01/2036 | 300 | 319,190 | ||||||||
|
New York State Environmental Facilities Corp., Series 2014, Ref. RB |
5.00% | 06/15/2024 | 25 | 27,147 | ||||||||
|
New York State Environmental Facilities Corp., Series 2017, Ref. RB |
5.00% | 06/15/2024 | 100 | 108,587 | ||||||||
|
New York State Environmental Facilities Corp. (NYC Municipal Water Fund), Series 2013 A, RB |
5.00% | 06/15/2024 | 130 | 136,748 | ||||||||
|
New York State Urban Development Corp., Series 2014, Ref. RB |
5.00% | 03/15/2029 | 150 | 160,846 | ||||||||
|
New York State Urban Development Corp., Series 2014, Ref. RB |
5.00% | 03/15/2030 | 200 | 214,419 | ||||||||
|
New York State Urban Development Corp., Series 2014, Ref. RB |
5.00% | 03/15/2031 | 200 | 214,377 | ||||||||
|
New York State Urban Development Corp., Series 2016 A, Ref. RB |
5.00% | 03/15/2024 | 275 | 296,095 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(a)(b) |
3.00% | 10/15/2024 | 10 | 10,452 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(a)(b) |
4.00% | 10/15/2024 | 20 | 21,434 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(a) |
5.00% | 10/15/2024 | 330 | 362,145 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(a)(b) |
5.00% | 10/15/2024 | 20 | 21,948 | ||||||||
|
Sales Tax Asset Receivable Corp., Series 2014 A, Ref. RB(a)(b) |
5.00% | 10/15/2024 | 120 | 131,689 | ||||||||
|
Suffolk (County of), NY, Series 2017 A, Ref. GO Bonds, (INS - AGM)(c) |
4.00% | 02/01/2024 | 200 | 210,409 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2016 A, Ref. RB |
5.00% | 11/15/2024 | 10 | 10,987 | ||||||||
|
|
|
|||||||||||
| 7,034,861 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
127 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
North Carolina-1.28% |
||||||||||||
|
Mecklenburg (County of), NC, Series 2010, Ref. GO Bonds |
4.00% | 02/01/2024 | $ | 155 | $ | 163,490 | ||||||
|
Mecklenburg (County of), NC, Series 2013 A, Ref. GO Bonds |
5.00% | 12/01/2024 | 105 | 115,788 | ||||||||
|
Mecklenburg County Public Facilities Corp., Series 2017, Ref. RB |
5.00% | 02/01/2024 | 50 | 53,634 | ||||||||
|
North Carolina (State of), Series 2014 C, Ref. RB |
5.00% | 05/01/2024 | 10 | 10,812 | ||||||||
|
North Carolina (State of), Series 2017 B, Ref. RB |
5.00% | 05/01/2024 | 25 | 27,029 | ||||||||
|
North Carolina (State of), Series 2019 B, GO Bonds |
5.00% | 06/01/2024 | 10 | 10,850 | ||||||||
|
North Carolina (State of), Series 2020 A, GO Bonds |
5.00% | 06/01/2024 | 100 | 108,499 | ||||||||
|
North Carolina (State of) Medical Care Commission (Presbyterian Homes), Series 2016 C, Ref. RB |
5.00% | 10/01/2031 | 45 | 49,281 | ||||||||
|
Wake (County of), NC, Series 2010 C, Ref. GO Bonds |
5.00% | 03/01/2024 | 10 | 10,764 | ||||||||
|
|
|
|||||||||||
| 550,147 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-2.30% |
||||||||||||
|
American Municipal Power, Inc. (Prairie State Energy Campus), Series 2019, Ref. RB |
5.00% | 02/15/2024 | 185 | 198,560 | ||||||||
|
Columbus (City of), OH, Series 2017-1, Ref. GO Bonds |
5.00% | 04/01/2024 | 100 | 107,870 | ||||||||
|
Cuyahoga (County of), OH, Series 2020 D, Ref. RB |
4.00% | 12/01/2024 | 30 | 32,139 | ||||||||
|
Franklin (County of), OH Convention Facilities Authority, Series 2014, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 195 | 214,812 | ||||||||
|
Hamilton (County of), OH, Series 2016 A, Ref. RB |
5.00% | 12/01/2024 | 100 | 109,989 | ||||||||
|
Ohio (State of), Series 2015 A, Ref. GO Bonds |
5.00% | 09/01/2024 | 10 | 10,929 | ||||||||
|
Ohio (State of), Series 2017 A, GO Bonds |
5.00% | 03/15/2030 | 40 | 43,010 | ||||||||
|
Ohio (State of), Series 2017 A, GO Bonds |
5.00% | 03/15/2033 | 205 | 220,037 | ||||||||
|
Ohio (State of), Series 2020 B, Ref. GO Bonds |
5.00% | 09/15/2024 | 20 | 21,884 | ||||||||
|
Ohio (State of) (Garvee), Series 2016 I, RB |
5.00% | 12/15/2024 | 5 | 5,516 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2014, RB |
5.00% | 12/01/2024 | 10 | 11,010 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2016 A, RB |
5.00% | 06/01/2024 | 10 | 10,841 | ||||||||
|
|
|
|||||||||||
| 986,597 | ||||||||||||
|
|
|
|||||||||||
|
Oklahoma-0.20% |
||||||||||||
|
Canadian (County of), OK Educational Facilities Authority (Mustang Public Schools), Series 2017, RB |
4.00% | 09/01/2024 | 15 | 15,987 | ||||||||
|
Oklahoma (State of) Capitol Improvement Authority, Series 2014 A, Ref. RB |
5.00% | 07/01/2026 | 55 | 59,662 | ||||||||
|
Oklahoma (State of) Capitol Improvement Authority, Series 2014 A, Ref. RB |
5.00% | 07/01/2027 | 10 | 10,843 | ||||||||
|
|
|
|||||||||||
| 86,492 | ||||||||||||
|
|
|
|||||||||||
|
Oregon-0.57% |
||||||||||||
|
Clackamas County School District No. 12 North Clackamas, Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 06/15/2024 | 10 | 10,860 | ||||||||
|
Clackamas County School District No. 12 North Clackamas, Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 06/15/2024 | 15 | 16,289 | ||||||||
|
Multnomah County School District No. 1, Series 2020, GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 06/15/2024 | 30 | 32,562 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2014 A, Ref. RB |
5.00% | 11/15/2024 | 25 | 27,488 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2014 A, Ref. RB(a)(b) |
5.00% | 11/15/2024 | 25 | 27,505 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2015 A, Ref. RB(a)(b) |
4.00% | 11/15/2024 | 20 | 21,474 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2015 A, Ref. RB(a)(b) |
5.00% | 11/15/2024 | 35 | 38,508 | ||||||||
|
Oregon (State of) Department of Transportation, Series 2015 A, Ref. RB(a)(b) |
5.00% | 11/15/2024 | 30 | 33,007 | ||||||||
|
Washington & Multnomah Counties School District No. 48J Beaverton, Series 2014, GO Bonds(a)(b) |
5.00% | 06/15/2024 | 35 | 38,009 | ||||||||
|
|
|
|||||||||||
| 245,702 | ||||||||||||
|
|
|
|||||||||||
|
Pennsylvania-5.70% |
||||||||||||
|
Commonwealth Financing Authority, Series 2015 B-1, Ref. RB, (INS - AGM)(c) |
5.00% | 06/01/2024 | 60 | 64,960 | ||||||||
|
Erie (City & County of), PA City Water Authority, Series 2014, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 125 | 137,522 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, GO Bonds |
5.00% | 03/15/2024 | 150 | 161,475 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, Ref. GO Bonds |
5.00% | 08/15/2024 | 700 | 763,607 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2016, Ref. GO Bonds |
5.00% | 09/15/2024 | 100 | 109,368 | ||||||||
|
Pennsylvania (Commonwealth of), Second Series 2013, GO Bonds |
5.00% | 10/15/2024 | 90 | 95,715 | ||||||||
|
Pennsylvania (Commonwealth of), Second Series 2016, GO Bonds |
5.00% | 09/15/2024 | 175 | 191,395 | ||||||||
|
Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System), Series 2016 C, Ref. RB |
5.00% | 08/15/2024 | 65 | 70,824 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2014 B, RB |
5.25% | 12/01/2039 | 325 | 358,721 | ||||||||
|
Philadelphia (City of), PA, Series 2015 A, RB(a)(b) |
5.00% | 07/01/2024 | 200 | 217,242 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
128 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Pennsylvania-(continued) |
||||||||||||
|
Philadelphia (City of), PA, Series 2016, Ref. RB |
5.00% | 10/01/2024 | $ | 150 | $ | 164,398 | ||||||
|
Philadelphia (City of), PA, Series 2019 A, Ref. GO Bonds |
5.00% | 08/01/2024 | 100 | 108,505 | ||||||||
|
|
|
|||||||||||
| 2,443,732 | ||||||||||||
|
|
|
|||||||||||
|
Rhode Island-0.19% |
||||||||||||
|
Rhode Island (State of), Series 2014 D, Ref. GO Bonds |
5.00% | 08/01/2024 | 75 | 81,810 | ||||||||
|
|
|
|||||||||||
|
South Carolina-0.92% |
||||||||||||
|
Horry County School District, Series 2016, GO Bonds |
5.00% | 03/01/2024 | 50 | 53,767 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2014 C, Ref. RB |
5.00% | 12/01/2024 | 50 | 54,824 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2014 C, Ref. RB |
5.00% | 12/01/2026 | 130 | 142,301 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2014 C, Ref. RB |
5.00% | 12/01/2028 | 30 | 32,831 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2014 C, Ref. RB |
5.00% | 12/01/2030 | 100 | 109,437 | ||||||||
|
|
|
|||||||||||
| 393,160 | ||||||||||||
|
|
|
|||||||||||
|
South Dakota-0.01% |
||||||||||||
|
South Dakota (State of) Health & Educational Facilities Authority (Avera Health), Series 2014, RB |
4.13% | 07/01/2041 | 5 | 5,269 | ||||||||
|
|
|
|||||||||||
|
Tennessee-0.45% |
||||||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2013, Ref. GO Bonds |
5.00% | 07/01/2024 | 25 | 26,325 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2015 C, GO Bonds |
4.00% | 07/01/2024 | 50 | 53,213 | ||||||||
|
Tennessee (State of) School Bond Authority, Series 2014, Ref. RB, (CEP - Colorado Higher Education Intercept Program) |
5.00% | 11/01/2024 | 50 | 54,871 | ||||||||
|
Tennessee (State of) School Bond Authority, Series 2015 B, RB, (CEP - Colorado Higher Education Intercept Program) |
5.00% | 11/01/2024 | 55 | 60,358 | ||||||||
|
|
|
|||||||||||
| 194,767 | ||||||||||||
|
|
|
|||||||||||
|
Texas-9.94% |
||||||||||||
|
Arlington Higher Education Finance Corp. (Lifeschool Dallas), Series 2014 A, RB(a)(b) |
5.00% | 08/15/2024 | 250 | 272,298 | ||||||||
|
Austin (City of), TX, Series 2015, Ref. GO Bonds |
5.00% | 09/01/2024 | 35 | 38,261 | ||||||||
|
Austin (City of), TX, Series 2017, Ref. RB |
5.00% | 11/15/2024 | 5 | 5,496 | ||||||||
|
Bexar (County of), TX, Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 06/15/2024 | 85 | 92,307 | ||||||||
|
Board of Regents of The University of Texas System, Series 2010 B, Ref. RB |
5.00% | 08/15/2024 | 10 | 10,911 | ||||||||
|
Board of Regents of The University of Texas System, Series 2016 I, Ref. RB |
5.00% | 08/15/2024 | 35 | 38,189 | ||||||||
|
Board of Regents of The University of Texas System, Series 2017 C, Ref. RB |
5.00% | 08/15/2024 | 35 | 38,189 | ||||||||
|
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2020 A, Ref. RB |
5.00% | 11/01/2024 | 500 | 547,605 | ||||||||
|
Dallas (City of), TX, Series 2014, Ref. GO Bonds |
5.00% | 02/15/2024 | 100 | 107,491 | ||||||||
|
Dallas (City of), TX, Series 2014, Ref. GO Bonds |
5.00% | 02/15/2026 | 140 | 150,149 | ||||||||
|
Dallas (City of), TX, Series 2014, Ref. GO Bonds |
5.00% | 02/15/2027 | 125 | 133,936 | ||||||||
|
Dallas (City of), TX Area Rapid Transit, Series 2014 A, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 30 | 33,005 | ||||||||
|
Dallas (City of), TX Area Rapid Transit, Series 2019, Ref. RB |
5.00% | 12/01/2024 | 120 | 131,987 | ||||||||
|
Dallas (City of), TX Independent School District, Series 2014 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 08/15/2024 | 40 | 43,624 | ||||||||
|
Dallas (City of), TX Independent School District, Series 2014 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
4.00% | 08/15/2033 | 35 | 37,049 | ||||||||
|
Dallas Area Rapid Transit, Series 2014 A, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 45 | 49,508 | ||||||||
|
Dallas Area Rapid Transit, Series 2014 A, Ref. RB(a)(b) |
5.00% | 12/01/2024 | 65 | 71,511 | ||||||||
|
Goose Creek Consolidated Independent School District, Series 2014 C, Ref. GO Bonds(a)(b) |
5.00% | 02/15/2024 | 30 | 32,188 | ||||||||
|
Harris (County of), TX, Series 2016 A, Ref. RB |
5.00% | 08/15/2024 | 20 | 21,838 | ||||||||
|
Houston (City of), TX, Series 2014 D, Ref. RB |
5.00% | 11/15/2024 | 35 | 38,484 | ||||||||
|
Houston (City of), TX, Series 2014 D, Ref. RB |
5.00% | 11/15/2028 | 55 | 60,213 | ||||||||
|
Houston Independent School District, Series 2014, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
4.00% | 02/15/2033 | 10 | 10,469 | ||||||||
|
Houston Independent School District, Series 2017, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 02/15/2024 | 105 | 112,739 | ||||||||
|
Irving Independent School District, Series 2015 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 02/15/2024 | 50 | 53,655 | ||||||||
|
Mansfield Independent School District, Series 2014, GO Bonds(a)(b) |
4.00% | 02/15/2024 | 10 | 10,547 | ||||||||
|
North Texas Tollway Authority, Series 2016 A, Ref. RB |
5.00% | 01/01/2024 | 125 | 133,607 | ||||||||
|
North Texas Tollway Authority, Series 2019 B, Ref. RB |
5.00% | 01/01/2024 | 30 | 32,020 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
129 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Texas-(continued) |
||||||||||||
|
Permanent University Fund - University of Texas System, Series 2014 B, Ref. RB |
5.00% | 07/01/2024 | $ | 15 | $ | 16,308 | ||||||
|
Permanent University Fund - University of Texas System, Series 2014 B, Ref. RB |
4.00% | 07/01/2032 | 150 | 159,211 | ||||||||
|
Plano Independent School District, Series 2016 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 02/15/2024 | 135 | 145,004 | ||||||||
|
San Antonio (City of), TX, Series 2015, Ref. RB |
5.00% | 02/01/2024 | 70 | 75,018 | ||||||||
|
Texas (State of), Series 2014 A, Ref. GO Bonds(a)(b) |
5.00% | 10/01/2024 | 100 | 109,599 | ||||||||
|
Texas (State of), Series 2014, GO Bonds(a)(b) |
5.00% | 04/01/2024 | 285 | 307,428 | ||||||||
|
Texas (State of), Series 2014, GO Bonds(a)(b) |
5.00% | 04/01/2024 | 100 | 107,869 | ||||||||
|
Texas (State of), Series 2014, GO Bonds(a)(b) |
5.00% | 04/01/2024 | 65 | 70,115 | ||||||||
|
Texas (State of), Series 2014, GO Bonds |
5.00% | 04/01/2026 | 20 | 21,514 | ||||||||
|
Texas (State of), Series 2014, Ref. GO Bonds(a)(b) |
4.00% | 04/01/2024 | 50 | 52,910 | ||||||||
|
Texas (State of), Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 04/01/2024 | 65 | 70,115 | ||||||||
|
Texas (State of), Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 04/01/2024 | 75 | 80,902 | ||||||||
|
Texas (State of), Series 2018 A, Ref. GO Bonds |
5.00% | 10/01/2024 | 10 | 10,960 | ||||||||
|
Texas (State of) (Water Financial Assistance), Subseries 2018 B3, Ref. GO Bonds |
5.00% | 08/01/2024 | 30 | 32,701 | ||||||||
|
Texas (State of) Transportation Commission State Highway Fund, Series 2015, Ref. RB |
5.00% | 10/01/2024 | 75 | 82,139 | ||||||||
|
Texas (State of) Transportation Commission State Highway Fund, Series 2016 A, RB |
5.00% | 10/01/2024 | 20 | 21,904 | ||||||||
|
Texas (State of) Water Development Board, Series 2017 A, RB |
5.00% | 04/15/2024 | 35 | 37,771 | ||||||||
|
Texas (State of) Water Development Board, Series 2018 B, RB |
5.00% | 10/15/2024 | 30 | 32,886 | ||||||||
|
United Independent School District, Series 2014, GO Bonds(a)(b) |
5.00% | 08/15/2024 | 50 | 54,587 | ||||||||
|
University of Houston, Series 2017 A, Ref. RB |
5.00% | 02/15/2024 | 275 | 295,268 | ||||||||
|
White Settlement Independent School District, Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 08/15/2024 | 45 | 49,071 | ||||||||
|
White Settlement Independent School District, Series 2014, Ref. GO Bonds(a)(b) |
5.00% | 08/15/2024 | 110 | 119,951 | ||||||||
|
|
|
|||||||||||
| 4,260,507 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.41% |
||||||||||||
|
Utah (County of), UT (IHC Health Services, Inc.), Series 2016 B, RB |
4.00% | 05/15/2047 | 110 | 115,243 | ||||||||
|
Utah (State of), Series 2018, GO Bonds |
5.00% | 07/01/2024 | 15 | 16,322 | ||||||||
|
Utah (State of) Transit Authority, Series 2015 A, Ref. RB |
5.00% | 06/15/2024 | 40 | 43,416 | ||||||||
|
|
|
|||||||||||
| 174,981 | ||||||||||||
|
|
|
|||||||||||
|
Virginia-1.93% |
||||||||||||
|
Fairfax (County of), VA, Series 2014 B, Ref. GO Bonds |
5.00% | 10/01/2024 | 10 | 10,973 | ||||||||
|
Virginia (Commonwealth of), Series 2013 B, GO Bonds |
4.00% | 06/01/2024 | 100 | 103,813 | ||||||||
|
Virginia (Commonwealth of) Transportation Board (Garvee), Series 2017, Ref. RB |
5.00% | 03/15/2024 | 35 | 37,678 | ||||||||
|
Virginia (Commonwealth of) Transportation Board (Garvee), Series 2017, Ref. RB |
5.00% | 09/15/2024 | 10 | 10,924 | ||||||||
|
Virginia (State of) College Building Authority, Series 2015 D, RB, (CEP - Colorado Higher Education Intercept Program) |
5.00% | 02/01/2024 | 65 | 69,685 | ||||||||
|
Virginia (State of) College Building Authority, Series 2016 A, Ref. RB, (CEP - Colorado Higher Education Intercept Program) |
3.00% | 09/01/2024 | 25 | 26,071 | ||||||||
|
Virginia (State of) College Building Authority (21st Century College), Series 2020, RB |
5.00% | 02/01/2024 | 10 | 10,721 | ||||||||
|
Virginia (State of) Public Building Authority, Series 2014 C, Ref. RB |
5.00% | 08/01/2024 | 475 | 517,890 | ||||||||
|
Virginia Commonwealth Transportation Board, Series 2017 A, Ref. RB |
5.00% | 05/15/2024 | 35 | 37,840 | ||||||||
|
|
|
|||||||||||
| 825,595 | ||||||||||||
|
|
|
|||||||||||
|
Washington-2.58% |
||||||||||||
|
Energy Northwest (No. 1), Series 2014 C, Ref. RB |
5.00% | 07/01/2027 | 150 | 162,498 | ||||||||
|
Seattle (City of), WA, Series 2015, Ref. RB |
5.00% | 05/01/2024 | 150 | 162,074 | ||||||||
|
Snohomish County School District No. 201 Snohomish, Series 2016, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2024 | 200 | 220,206 | ||||||||
|
Washington (State of), Series 2014 D, GO Bonds |
5.00% | 02/01/2028 | 200 | 214,101 | ||||||||
|
Washington (State of), Series 2014 R, Ref. GO Bonds |
4.00% | 07/01/2026 | 45 | 47,699 | ||||||||
|
Washington (State of), Series 2015 R, Ref. GO Bonds |
5.00% | 07/01/2024 | 20 | 21,758 | ||||||||
|
Washington (State of), Series 2017 R, Ref. GO Bonds |
5.00% | 08/01/2024 | 75 | 81,810 | ||||||||
|
Washington (State of) Health Care Facilities Authority (Providence Health & Services), Series 2014 D, Ref. RB |
5.00% | 10/01/2038 | 155 | 167,286 | ||||||||
|
Washington (State of) Health Care Facilities Authority (Providence Health), Series 2014 D, Ref. RB |
5.00% | 10/01/2041 | 25 | 26,922 | ||||||||
|
|
|
|||||||||||
| 1,104,354 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
130 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
West Virginia-0.03% |
||||||||||||
|
West Virginia (State of) Commissioner of Highways (Surface Transportation), Series 2017 A, RB |
5.00% | 09/01/2024 | $ | 10 | $ | 10,908 | ||||||
|
|
|
|||||||||||
|
Wisconsin-1.23% |
||||||||||||
|
Wisconsin (State of), Series 2013, Ref. GO Bonds |
5.00% | 05/01/2024 | 30 | 31,427 | ||||||||
|
Wisconsin (State of), Series 2016 2, Ref. GO Bonds |
5.00% | 11/01/2024 | 25 | 27,456 | ||||||||
|
Wisconsin (State of), Series 2016 D, GO Bonds |
4.00% | 05/01/2026 | 20 | 21,189 | ||||||||
|
Wisconsin (State of), Series 2016, Ref. GO Bonds |
5.00% | 11/01/2024 | 20 | 21,965 | ||||||||
|
Wisconsin (State of), Series 2018 A, GO Bonds |
5.00% | 05/01/2024 | 100 | 104,756 | ||||||||
|
Wisconsin (State of) Department of Transportation, Series 2014 A2, Ref. RB |
5.00% | 07/01/2027 | 25 | 27,197 | ||||||||
|
Wisconsin (State of) Department of Transportation, Series 2015 A, RB |
5.00% | 07/01/2031 | 200 | 216,856 | ||||||||
|
Wisconsin (State of) Department of Transportation, Series 2017 1, Ref. RB |
5.00% | 07/01/2024 | 70 | 76,085 | ||||||||
|
|
|
|||||||||||
| 526,931 | ||||||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(d)-98.85% |
42,352,140 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.15% |
491,101 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 42,843,241 | ||||||||||
|
|
|
|||||||||||
| Investment Abbreviations: | ||
| AGM | -Assured Guaranty Municipal Corp. | |
| AMBAC | -American Municipal Bond Assurance Corp. | |
| CEP | -Credit Enhancement Provider | |
| COP | -Certificates of Participation | |
| GO | -General Obligation | |
| INS | -Insurer | |
| RB | -Revenue Bonds | |
| Ref. | -Refunding | |
| Wts. | -Warrants | |
Notes to Schedule of Investments:
| (a) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (b) |
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (c) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (d) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
131 |
||||
|
|
| |||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
24.83 | |||||||
|
Miscellaneous Revenue |
11.62 | |||||||
|
Water Revenue |
7.51 | |||||||
|
Sales Tax Revenue |
7.43 | |||||||
|
Lease Revenue |
6.93 | |||||||
|
Health, Hospital, Nursing Home Revenue |
6.37 | |||||||
|
Port, Airport & Marina Revenue |
6.00 | |||||||
|
General Fund |
5.48 | |||||||
|
Income Tax Revenue |
4.39 | |||||||
|
Electric Power Revenue |
4.10 | |||||||
|
College & University Revenue |
4.02 | |||||||
|
Highway Tolls Revenue |
3.84 | |||||||
|
Revenue Types Each Less Than 3% |
6.33 | |||||||
|
Other Assets Less Liabilities |
1.15 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
132 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.80% |
||||||||||||
|
Alabama-1.05% |
||||||||||||
|
Alabama (State of) Public School & College Authority (Social Bonds), Series 2020 A, Ref. RB |
5.00% | 11/01/2025 | $ | 200 | $ | 226,029 | ||||||
|
Auburn (City of), AL, Series 2015, GO Bonds |
4.00% | 05/01/2045 | 50 | 53,585 | ||||||||
|
Birmingham (City of), AL, Series 2015 A-1, GO Bonds(a)(b) |
5.00% | 09/01/2025 | 200 | 225,252 | ||||||||
|
|
|
|||||||||||
| 504,866 | ||||||||||||
|
|
|
|||||||||||
|
Alaska-0.23% |
||||||||||||
|
Matanuska-Susitna (Borough of), AK, Series 2015, Ref. RB |
5.00% | 09/01/2032 | 100 | 109,532 | ||||||||
|
|
|
|||||||||||
|
Arizona-2.12% |
||||||||||||
|
Arizona (State of) Transportation Board, Series 2016, Ref. RB |
5.00% | 07/01/2025 | 200 | 224,358 | ||||||||
|
Arizona State University, Series 2015 D, RB |
5.00% | 07/01/2041 | 25 | 27,837 | ||||||||
|
Arizona State University, Series 2015 D, RB |
5.00% | 07/01/2046 | 125 | 138,796 | ||||||||
|
Phoenix Civic Improvement Corp., Series 2017 D, Ref. RB |
5.00% | 07/01/2025 | 65 | 72,375 | ||||||||
|
Salt River Project Agricultural Improvement & Power District, Series 2015 A, Ref. RB |
5.00% | 12/01/2045 | 500 | 551,588 | ||||||||
|
|
|
|||||||||||
| 1,014,954 | ||||||||||||
|
|
|
|||||||||||
|
California-17.06% |
||||||||||||
|
Beaumont (City of), CA Public Improvement Authority, Series 2018 A, RB, (INS - AGM)(c) |
5.00% | 09/01/2049 | 100 | 113,780 | ||||||||
|
California (State of), Series 2015 C, Ref. GO Bonds |
5.00% | 09/01/2028 | 200 | 224,012 | ||||||||
|
California (State of), Series 2015 C, Ref. GO Bonds |
5.00% | 09/01/2030 | 60 | 67,160 | ||||||||
|
California (State of), Series 2015 C, Ref. GO Bonds |
5.00% | 08/01/2031 | 100 | 110,051 | ||||||||
|
California (State of), Series 2015 C, Ref. GO Bonds |
5.00% | 09/01/2032 | 75 | 83,868 | ||||||||
|
California (State of), Series 2015, GO Bonds |
5.00% | 03/01/2027 | 100 | 110,464 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 03/01/2027 | 100 | 110,464 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 08/01/2027 | 100 | 111,781 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 08/01/2029 | 100 | 111,711 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 08/01/2034 | 500 | 557,490 | ||||||||
|
California (State of), Series 2015, Ref. GO Bonds |
5.00% | 08/01/2035 | 150 | 167,141 | ||||||||
|
California (State of), Series 2016, Ref. GO Bonds |
5.00% | 09/01/2025 | 50 | 56,203 | ||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00% | 08/01/2025 | 155 | 173,812 | ||||||||
|
California (State of), Series 2018, Ref. GO Bonds |
5.00% | 10/01/2025 | 50 | 56,336 | ||||||||
|
California (State of), Series 2020, GO Bonds |
4.00% | 11/01/2050 | 30 | 32,255 | ||||||||
|
California (State of), Series 2021, Ref. GO Bonds |
5.00% | 12/01/2025 | 200 | 226,405 | ||||||||
|
California (State of) Educational Facilities Authority (University of Southern California), Series 2015 A, Ref. RB(a) |
5.00% | 10/01/2025 | 100 | 112,972 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2015 A, Ref. RB(a)(b) |
5.00% | 08/15/2025 | 100 | 112,200 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2016 A, RB(a)(b) |
3.25% | 11/15/2025 | 40 | 42,635 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2016 A, RB(a)(b) |
5.00% | 11/15/2025 | 20 | 22,599 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2016 A, RB(a)(b) |
5.00% | 11/15/2025 | 230 | 259,887 | ||||||||
|
California (State of) Municipal Finance Authority (Community Medical Centers), Series 2015 A, Ref. RB(a)(b) |
5.00% | 02/01/2025 | 200 | 221,190 | ||||||||
|
California (State of) Municipal Finance Authority (Community Medical Centers), Series 2015 A, Ref. RB(a)(b) |
5.00% | 02/01/2025 | 60 | 66,357 | ||||||||
|
California (State of) Public Works Board, Series 2015 F, Ref. RB |
5.00% | 05/01/2027 | 150 | 166,539 | ||||||||
|
California (State of) Statewide Communities Development Authority (Beverly Community Hospital Association), Series 2015, RB |
5.00% | 02/01/2045 | 200 | 205,457 | ||||||||
|
California State University, Series 2015 A, Ref. RB |
5.00% | 11/01/2027 | 100 | 112,862 | ||||||||
|
California State University, Series 2015 A, Ref. RB |
5.00% | 11/01/2031 | 150 | 168,663 | ||||||||
|
California State University, Series 2015 A, Ref. RB |
5.00% | 11/01/2043 | 160 | 179,117 | ||||||||
|
California State University, Series 2015 A, Ref. RB |
5.00% | 11/01/2047 | 50 | 55,898 | ||||||||
|
Chino Basin Regional Financing Authority, Series 2020 B, RN |
4.00% | 11/01/2025 | 200 | 217,065 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2015 A, Ref. RB |
5.00% | 07/01/2028 | 65 | 71,709 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2015 A, Ref. RB |
5.00% | 07/01/2029 | 45 | 49,631 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2015 A, Ref. RB |
5.00% | 07/01/2035 | 40 | 44,046 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority (Green Bonds), Series 2020 A, RB |
5.00% | 06/01/2025 | 200 | 223,325 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
133 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
California-(continued) |
||||||||||||
|
Los Angeles (County of), CA Public Works Financing Authority, Series 2016 D, RB |
5.00% | 12/01/2045 | $ | 200 | $ | 222,297 | ||||||
|
Los Angeles (County of), CA Sanitation Districts Financing Authority (Capital), Series 2015 A, Ref. RB |
5.00% | 10/01/2034 | 400 | 447,415 | ||||||||
|
Los Angeles Unified School District, Series 2016 B, Ref. GO Bonds |
5.00% | 07/01/2025 | 40 | 44,719 | ||||||||
|
Metropolitan Water District of Southern California, Series 2015 A, RB |
4.00% | 07/01/2045 | 200 | 215,070 | ||||||||
|
Metropolitan Water District of Southern California, Series 2019 A, Ref. RB |
5.00% | 07/01/2025 | 100 | 111,970 | ||||||||
|
Municipal Improvement Corp. of Los Angeles, Series 2016 B, Ref. RB |
5.00% | 11/01/2025 | 100 | 112,938 | ||||||||
|
Orange (County of), CA Local Transportation Authority, Series 2019, RB |
5.00% | 02/15/2025 | 40 | 44,350 | ||||||||
|
Pasadena (City of), CA, Series 2015 A, Ref. COP |
4.00% | 02/01/2038 | 200 | 210,895 | ||||||||
|
Peralta Community College District, Series 2016 A, Ref. GO Bonds |
4.00% | 08/01/2039 | 20 | 21,341 | ||||||||
|
Riverside (County of), CA Public Financing Authority (Capital Facilities), Series 2015, RB(a)(b) |
4.13% | 11/01/2025 | 105 | 115,313 | ||||||||
|
San Diego (County of), CA Water Authority, Series 2015, Ref. RB |
5.00% | 05/01/2029 | 100 | 111,454 | ||||||||
|
San Diego Unified School District, Series 2015 R-4, Ref. GO Bonds |
5.00% | 07/01/2025 | 120 | 134,198 | ||||||||
|
San Diego Unified School District, Series 2015 R-4, Ref. GO Bonds |
5.00% | 07/01/2028 | 65 | 72,600 | ||||||||
|
San Diego Unified School District (Election of 2012), Series 2016 F, GO Bonds |
5.00% | 07/01/2045 | 75 | 83,097 | ||||||||
|
San Francisco (City & County of), CA (Moscone Convention Center Expansion), Series 2017, COP |
3.00% | 04/01/2031 | 65 | 68,115 | ||||||||
|
San Francisco (City of), CA Public Utilities Commission, Series 2015, Ref. RB |
5.00% | 11/01/2027 | 250 | 278,141 | ||||||||
|
San Francisco (City of), CA Public Utilities Commission, Series 2015, Ref. RB |
5.00% | 11/01/2036 | 155 | 171,735 | ||||||||
|
San Francisco Bay Area Rapid Transit District, Series 2015 A, Ref. RB |
5.00% | 07/01/2025 | 100 | 111,831 | ||||||||
|
San Francisco Bay Area Rapid Transit District, Series 2015 A, Ref. RB |
5.00% | 07/01/2028 | 115 | 128,327 | ||||||||
|
San Francisco Bay Area Rapid Transit District (Election of 2004), Series 2015 D, Ref. GO Bonds |
5.00% | 08/01/2029 | 65 | 72,750 | ||||||||
|
San Jose (City of), CA Redevelopment Agency Successor Agency, Series 2017 B, Ref. RB |
5.00% | 08/01/2025 | 100 | 111,852 | ||||||||
|
South San Francisco Unified School District (Measure J), Series 2016 C, GO Bonds |
4.00% | 09/01/2037 | 25 | 27,134 | ||||||||
|
University of California (Limited), Series 2015 I, Ref. RB |
5.00% | 05/15/2025 | 30 | 33,435 | ||||||||
|
University of California (Limited), Series 2015 I, Ref. RB |
5.00% | 05/15/2030 | 95 | 105,214 | ||||||||
|
University of California (Limited), Series 2015 I, Ref. RB |
5.00% | 05/15/2040 | 65 | 71,816 | ||||||||
|
Upper Santa Clara Valley Joint Powers Authority, Series 2020 A, Ref. RB |
4.00% | 08/01/2045 | 200 | 214,229 | ||||||||
|
Ventura County Community College District, Series 2015, Ref. GO Bonds |
3.13% | 08/01/2031 | 150 | 156,819 | ||||||||
|
West Contra Costa Unified School District (Election of 2012), Series 2015 B, GO Bonds |
5.00% | 08/01/2045 | 25 | 27,910 | ||||||||
|
|
|
|||||||||||
| 8,172,050 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-1.27% |
||||||||||||
|
Adams & Weld Counties School District No. 27J Brighton, Series 2015, GO Bonds |
5.00% | 12/01/2040 | 10 | 11,192 | ||||||||
|
Adams 12 Five Star Schools, Series 2014, Ref. GO Bonds |
5.00% | 12/15/2025 | 25 | 28,381 | ||||||||
|
Arapahoe County School District No. 5 Cherry Creek, Series 2017, GO Bonds |
5.00% | 12/15/2031 | 50 | 56,288 | ||||||||
|
Arapahoe County School District No. 6 Littleton, Series 2019 A, GO Bonds |
5.00% | 12/01/2025 | 25 | 28,300 | ||||||||
|
Colorado (State of), Series 2021 A, COP |
5.00% | 12/15/2025 | 80 | 90,502 | ||||||||
|
Colorado (State of) Health Facilities Authority (SCL Health System), Series 2019 A, Ref. RB |
5.00% | 01/01/2025 | 165 | 181,303 | ||||||||
|
University of Colorado, Series 2017 A-2, Ref. RB |
5.00% | 06/01/2025 | 190 | 212,287 | ||||||||
|
|
|
|||||||||||
| 608,253 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-2.03% |
||||||||||||
|
Connecticut (State of), Series 2015 A, GO Bonds |
5.00% | 03/15/2027 | 200 | 221,679 | ||||||||
|
Connecticut (State of), Series 2015 A, GO Bonds |
5.00% | 03/15/2028 | 210 | 232,564 | ||||||||
|
Connecticut (State of), Series 2015 A, RB |
5.00% | 08/01/2029 | 80 | 89,255 | ||||||||
|
Connecticut (State of), Series 2015 A, RB |
5.00% | 08/01/2033 | 95 | 105,755 | ||||||||
|
Connecticut (State of), Series 2015 A, RB |
5.00% | 08/01/2035 | 40 | 44,486 | ||||||||
|
Connecticut (State of) Health & Educational Facilities Authority (Yale University), Series 2018 A, Ref. RB |
5.00% | 07/01/2025 | 250 | 280,187 | ||||||||
|
|
|
|||||||||||
| 973,926 | ||||||||||||
|
|
|
|||||||||||
|
Delaware-0.46% |
||||||||||||
|
Delaware (State of), Series 2017 A, Ref. GO Bonds |
5.00% | 01/01/2025 | 200 | 221,055 | ||||||||
|
|
|
|||||||||||
|
District of Columbia-0.45% |
||||||||||||
|
District of Columbia, Series 2015 A, GO Bonds |
5.00% | 06/01/2034 | 50 | 55,511 | ||||||||
|
District of Columbia Water & Sewer Authority, Series 2015 B, RB |
5.00% | 10/01/2037 | 145 | 162,188 | ||||||||
|
|
|
|||||||||||
| 217,699 | ||||||||||||
|
|
|
|||||||||||
|
Florida-3.75% |
||||||||||||
|
Central Florida Expressway Authority, Series 2016 B, Ref. RB |
5.00% | 07/01/2025 | 25 | 27,871 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
134 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Florida-(continued) |
||||||||||||
|
Florida (State of), Series 2016 A, Ref. RB |
5.00% | 07/01/2025 | $ | 45 | $ | 50,465 | ||||||
|
Florida (State of), Series 2017 A, Ref. RB |
5.00% | 07/01/2025 | 75 | 84,108 | ||||||||
|
Florida (State of) Department of Environmental Protection (FL Forever), Series 2016 A, Ref. RB |
5.00% | 07/01/2025 | 65 | 72,758 | ||||||||
|
Gainesville (City of), FL, Series 2017 A, RB(a) |
5.00% | 10/01/2025 | 10 | 11,234 | ||||||||
|
Gainesville (City of), FL, Series 2017 A, RB |
5.00% | 10/01/2025 | 40 | 45,039 | ||||||||
|
Hillsborough (County of), FL, Series 2015, Ref. RB |
5.00% | 11/01/2025 | 130 | 146,224 | ||||||||
|
Jacksonville (City of), FL, Series 2015, Ref. RB |
5.00% | 10/01/2027 | 75 | 84,393 | ||||||||
|
Jacksonville (City of), FL, Series 2015, Ref. RB |
5.00% | 10/01/2029 | 30 | 33,679 | ||||||||
|
Jacksonville (City of), FL, Series 2015, Ref. RB |
3.00% | 10/01/2030 | 50 | 51,681 | ||||||||
|
Jacksonville (City of), FL, Series 2015, Ref. RB |
3.25% | 10/01/2032 | 100 | 104,002 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2015 A, Ref. COP |
5.00% | 05/01/2028 | 200 | 220,809 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2015 A, Ref. COP |
5.00% | 05/01/2030 | 25 | 27,544 | ||||||||
|
Miami Beach (City of), FL, Series 2015, RB |
5.00% | 09/01/2045 | 210 | 230,836 | ||||||||
|
Miami-Dade (County of), FL Educational Facilities Authority (University of Miami), Series 2015 A, Ref. RB |
5.00% | 04/01/2040 | 15 | 16,422 | ||||||||
|
Miami-Dade (County of), FL Water & Sewer System, Series 2017 A, RB |
5.00% | 10/01/2032 | 10 | 11,185 | ||||||||
|
Miami-Dade (County of), FL Water & Sewer System, Series 2017 A, RB |
5.00% | 10/01/2034 | 10 | 11,182 | ||||||||
|
Palm Beach (County of), FL Solid Waste Authority, Series 2015, Ref. RB |
5.00% | 10/01/2028 | 100 | 110,985 | ||||||||
|
Palm Beach County School District, Series 2015 D, Ref. COP |
5.00% | 08/01/2027 | 40 | 44,684 | ||||||||
|
Palm Beach County School District, Series 2015 D, Ref. COP |
5.00% | 08/01/2030 | 220 | 245,062 | ||||||||
|
School District of Broward County, Series 2015 B, Ref. COP |
5.00% | 07/01/2030 | 70 | 77,725 | ||||||||
|
Tampa Bay (City of), FL, Series 2016 C, Ref. RB |
5.00% | 10/01/2025 | 65 | 73,310 | ||||||||
|
Volusia (County of), FL Educational Facility Authority, Series 2015 B, RB(a)(b) |
5.00% | 04/15/2025 | 15 | 16,634 | ||||||||
|
|
|
|||||||||||
| 1,797,832 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-2.83% |
||||||||||||
|
Atlanta (City of), GA, Series 2015, Ref. RB |
5.00% | 11/01/2040 | 205 | 227,476 | ||||||||
|
Forsyth (County of), GA, Series 2019, GO Bonds |
5.00% | 09/01/2025 | 60 | 67,685 | ||||||||
|
Gainesville (City of) & Hall (County of), GA Hospital Authority (Northeast Georgia Health System, Inc.), Series 2014 S, Ref. RB(a)(b) |
5.25% | 02/15/2025 | 100 | 111,241 | ||||||||
|
Gainesville (City of) & Hall (County of), GA Hospital Authority (Northeast Georgia Health System, Inc.), Series 2014 S, Ref. RB(a)(b) |
5.50% | 02/15/2025 | 100 | 111,962 | ||||||||
|
Georgia (State of), Series 2015 A, GO Bonds |
5.00% | 02/01/2027 | 20 | 22,169 | ||||||||
|
Georgia (State of), Series 2018 A, GO Bonds |
5.00% | 07/01/2025 | 50 | 56,107 | ||||||||
|
Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4), Series 2015 A, RB |
5.00% | 07/01/2060 | 175 | 191,820 | ||||||||
|
Georgia (State of) Road & Tollway Authority (Garvee), Series 2020, RB |
5.00% | 06/01/2025 | 50 | 55,797 | ||||||||
|
Gwinnett County School District, Series 2015, Ref. GO Bonds |
5.00% | 02/01/2031 | 55 | 61,577 | ||||||||
|
Gwinnett County School District, Series 2015, Ref. GO Bonds |
5.00% | 02/01/2035 | 30 | 33,481 | ||||||||
|
Metropolitan Atlanta Rapid Transit Authority, Series 2015 A, RB(a)(b) |
5.00% | 07/01/2025 | 200 | 223,455 | ||||||||
|
Private Colleges & Universities Authority (Emory University), Series 2020 B, Ref. RB |
5.00% | 09/01/2025 | 170 | 190,781 | ||||||||
|
|
|
|||||||||||
| 1,353,551 | ||||||||||||
|
|
|
|||||||||||
|
Hawaii-1.54% |
||||||||||||
|
Hawaii (State of), Series 2015 EZ, Ref. GO Bonds(a)(b) |
5.00% | 10/01/2025 | 150 | 169,066 | ||||||||
|
Hawaii (State of), Series 2016 FE, Ref. GO Bonds |
5.00% | 10/01/2025 | 130 | 146,718 | ||||||||
|
Honolulu (City & County of), HI, Series 2015 B, Ref. GO Bonds |
5.00% | 10/01/2027 | 250 | 281,215 | ||||||||
|
Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2020 B, Ref. GO Bonds |
5.00% | 03/01/2025 | 125 | 138,663 | ||||||||
|
|
|
|||||||||||
| 735,662 | ||||||||||||
|
|
|
|||||||||||
|
Illinois-4.80% |
||||||||||||
|
Chicago (City of), IL, Series 2005 D, Ref. GO Bonds |
5.50% | 01/01/2040 | 105 | 115,099 | ||||||||
|
Chicago (City of), IL, Series 2015 A, GO Bonds |
5.50% | 01/01/2033 | 100 | 109,861 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2015 B, Ref. RB |
5.00% | 01/01/2029 | 25 | 27,266 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2015 B, Ref. RB |
5.00% | 01/01/2030 | 25 | 27,237 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2015 B, Ref. RB |
5.00% | 01/01/2031 | 300 | 326,411 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2015 B, Ref. RB |
5.00% | 01/01/2032 | 235 | 255,349 | ||||||||
|
Chicago (City of), IL (O’Hare International Airport), Series 2015 B, Ref. RB |
5.00% | 01/01/2033 | 135 | 146,690 | ||||||||
|
Cook (County of), IL, Series 2021 A, Ref. GO Bonds |
5.00% | 11/15/2025 | 50 | 56,203 | ||||||||
|
Illinois (State of), Series 2017 D, GO Bonds |
5.00% | 11/01/2025 | 75 | 83,309 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
135 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Illinois-(continued) |
||||||||||||
|
Illinois (State of), Series 2020 B, GO Bonds |
5.00% | 10/01/2025 | $ | 25 | $ | 27,733 | ||||||
|
Illinois (State of), Series 2020 D, GO Bonds |
5.00% | 10/01/2025 | 45 | 49,919 | ||||||||
|
Illinois (State of), Series 2021 A, GO Bonds |
5.00% | 03/01/2025 | 100 | 109,776 | ||||||||
|
Illinois (State of) Finance Authority (Ascension Health), Series 2016 C, Ref. RB |
5.00% | 02/15/2025 | 475 | 523,740 | ||||||||
|
Illinois (State of) Finance Authority (OSF Healthcare System), Series 2015 A, Ref. RB |
4.13% | 11/15/2037 | 40 | 42,635 | ||||||||
|
Illinois (State of) Finance Authority (Rush University Medical Center), Series 2015 A, Ref. RB |
5.00% | 11/15/2028 | 20 | 21,999 | ||||||||
|
Illinois (State of) Finance Authority (The University of Chicago), Series 2015 A, RB |
5.00% | 10/01/2035 | 15 | 16,756 | ||||||||
|
Illinois (State of) Finance Authority (The University of Chicago), Series 2015 A, RB |
5.00% | 10/01/2040 | 100 | 111,299 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2014 C, RB |
5.00% | 01/01/2039 | 10 | 10,898 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2015 A, RB |
5.00% | 01/01/2037 | 15 | 16,624 | ||||||||
|
Sales Tax Securitization Corp., Series 2017 A, Ref. RB |
5.00% | 01/01/2025 | 20 | 21,888 | ||||||||
|
Sales Tax Securitization Corp., Series 2021 A, Ref. RB |
5.00% | 01/01/2025 | 45 | 49,512 | ||||||||
|
Springfield (City of), IL, Series 2015, Ref. RB |
5.00% | 03/01/2028 | 20 | 21,957 | ||||||||
|
Springfield (City of), IL, Series 2015, Ref. RB |
5.00% | 03/01/2029 | 65 | 71,279 | ||||||||
|
Springfield (City of), IL, Series 2015, Ref. RB |
5.00% | 03/01/2031 | 20 | 21,926 | ||||||||
|
Springfield (City of), IL, Series 2015, Ref. RB, (INS - AGM)(c) |
5.00% | 03/01/2040 | 30 | 32,778 | ||||||||
|
|
|
|||||||||||
| 2,298,144 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-1.08% |
||||||||||||
|
Indiana (State of) Finance Authority (Franciscan Alliance, Inc.), Series 2016 A, RB |
4.00% | 11/01/2051 | 125 | 133,436 | ||||||||
|
Indiana (State of) Finance Authority (Green Bonds), Series 2019, RB |
5.00% | 02/01/2025 | 300 | 332,057 | ||||||||
|
Indianapolis (City of), IN Department of Public Utilities, Series 2018 A, Ref. RB |
5.00% | 10/01/2025 | 45 | 50,753 | ||||||||
|
|
|
|||||||||||
| 516,246 | ||||||||||||
|
|
|
|||||||||||
|
Kansas-0.63% |
||||||||||||
|
Kansas (State of) Department of Transportation, Series 2015, RB |
5.00% | 09/01/2033 | 200 | 223,939 | ||||||||
|
Sedgwick County Unified School District No. 259 Wichita, Series 2017 A, Ref. GO Bonds |
4.00% | 10/01/2025 | 20 | 21,853 | ||||||||
|
University of Kansas Hospital Authority (KU Health System), Series 2015, Ref. RB |
5.00% | 09/01/2045 | 50 | 55,479 | ||||||||
|
|
|
|||||||||||
| 301,271 | ||||||||||||
|
|
|
|||||||||||
|
Kentucky-0.68% |
||||||||||||
|
Kentucky (State of) Asset Liability Commission, Series 2014, Ref. RB |
5.00% | 09/01/2025 | 100 | 108,980 | ||||||||
|
Kentucky (State of) Municipal Power Agency, Series 2015 A, Ref. RB, (INS - NATL)(c) |
4.00% | 09/01/2039 | 100 | 105,627 | ||||||||
|
Louisville (City of) & Jefferson (County of), KY Sewer District, Series 2016 A, RB |
3.00% | 05/15/2047 | 110 | 110,928 | ||||||||
|
|
|
|||||||||||
| 325,535 | ||||||||||||
|
|
|
|||||||||||
|
Louisiana-1.07% |
||||||||||||
|
East Baton Rouge (Parish of), LA Sewerage Commission, Series 2014 B, Ref. RB(a)(b) |
5.00% | 02/01/2025 | 100 | 110,534 | ||||||||
|
Louisiana (State of), Series 2015 A, Ref. RB(a)(b) |
4.00% | 05/01/2025 | 10 | 10,827 | ||||||||
|
Louisiana (State of), Series 2015 A, Ref. RB(a)(b) |
5.00% | 05/01/2025 | 150 | 167,033 | ||||||||
|
Louisiana (State of) Public Facilities Authority (Lafayette General Health System), Series 2016 A, Ref. RB(a)(b) |
5.00% | 11/01/2025 | 200 | 226,336 | ||||||||
|
|
|
|||||||||||
| 514,730 | ||||||||||||
|
|
|
|||||||||||
|
Maryland-1.75% |
||||||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 03/15/2025 | 130 | 144,502 | ||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 08/01/2025 | 100 | 112,422 | ||||||||
|
Maryland (State of) Department of Transportation (Second Issue), Series 2018, RB |
5.00% | 10/01/2025 | 100 | 112,860 | ||||||||
|
Maryland (State of) Health & Higher Educational Facilities Authority (John Hopkins Health System (The)), Series 2015 A, Ref. RB |
4.00% | 05/15/2040 | 75 | 79,784 | ||||||||
|
Maryland (State of) Health & Higher Educational Facilities Authority (Meritus Medical Center), Series 2015 A, Ref. RB |
5.00% | 07/01/2040 | 100 | 109,882 | ||||||||
|
Maryland (State of) Transportation Authority, Series 2021 A, Ref. RB |
5.00% | 07/01/2025 | 100 | 112,040 | ||||||||
|
Montgomery (County of), MD, Series 2016 A, GO Bonds |
5.00% | 12/01/2025 | 150 | 165,001 | ||||||||
|
|
|
|||||||||||
| 836,491 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-4.02% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2015 A, Ref. GO Bonds |
5.00% | 07/01/2029 | 35 | 39,171 | ||||||||
|
Massachusetts (Commonwealth of), Series 2015 A, Ref. GO Bonds |
5.00% | 07/01/2030 | 40 | 44,741 | ||||||||
|
Massachusetts (Commonwealth of), Series 2015 A, Ref. GO Bonds |
4.50% | 07/01/2034 | 85 | 92,823 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
136 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Massachusetts-(continued) |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2016 B, Ref. GO Bonds |
5.00% | 07/01/2025 | $ | 50 | $ | 55,985 | ||||||
|
Massachusetts (Commonwealth of), Series 2016 E, GO Bonds |
3.00% | 04/01/2044 | 295 | 295,724 | ||||||||
|
Massachusetts (Commonwealth of), Series 2016 E, GO Bonds |
4.00% | 04/01/2046 | 150 | 159,144 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 A, Ref. GO Bonds |
5.00% | 01/01/2025 | 50 | 55,160 | ||||||||
|
Massachusetts (Commonwealth of), Series 2020 E, GO Bonds |
5.00% | 11/01/2025 | 250 | 282,633 | ||||||||
|
Massachusetts (Commonwealth of) Transportation Fund (Rail Enhancement Program), Series 2015 A, RB |
5.00% | 06/01/2040 | 100 | 110,842 | ||||||||
|
Massachusetts (State of) Bay Transportation Authority, Series 2015 B, Ref. RB |
5.00% | 07/01/2029 | 40 | 44,573 | ||||||||
|
Massachusetts (State of) Port Authority, Series 2015 A, RB |
5.00% | 07/01/2045 | 100 | 110,764 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2015 C, Ref. RB(a)(b) |
5.00% | 08/15/2025 | 70 | 78,692 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2015 C, Ref. RB |
5.00% | 08/15/2029 | 200 | 223,415 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2015 C, Ref. RB |
5.00% | 08/15/2037 | 200 | 222,627 | ||||||||
|
University of Massachusetts Building Authority, Series 2015 1, RB |
5.00% | 11/01/2040 | 100 | 111,664 | ||||||||
|
|
|
|||||||||||
| 1,927,958 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-2.10% |
||||||||||||
|
Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB |
5.00% | 04/15/2030 | 10 | 11,227 | ||||||||
|
Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB |
5.00% | 04/15/2032 | 375 | 420,866 | ||||||||
|
Michigan (State of) Building Authority (Facilities Program), Series 2015 I, Ref. RB |
5.00% | 04/15/2038 | 30 | 33,456 | ||||||||
|
Michigan (State of) Finance Authority (Beaumont Health Credit Group), Series 2015, Ref. RB |
5.00% | 08/01/2025 | 300 | 324,473 | ||||||||
|
Michigan (State of) Finance Authority (Beaumont Health Credit Group), Series 2016, RB |
5.00% | 11/01/2044 | 100 | 110,893 | ||||||||
|
Michigan (State of) Finance Authority (Great Lakes Water), Series 2014 C-3, RB, (INS - AGM)(c) |
5.00% | 07/01/2025 | 60 | 65,288 | ||||||||
|
Michigan (State of) Finance Authority (Trinity Health Corp.), Series 2015, Ref. RB |
5.00% | 12/01/2025 | 35 | 39,011 | ||||||||
|
|
|
|||||||||||
| 1,005,214 | ||||||||||||
|
|
|
|||||||||||
|
Minnesota-0.69% |
||||||||||||
|
St. Paul (City of), MN Housing & Redevelopment Authority (Healthpartners Obligated Group), Series 2015 A, Ref. RB |
5.00% | 07/01/2028 | 300 | 332,182 | ||||||||
|
|
|
|||||||||||
|
Mississippi-0.24% |
||||||||||||
|
Mississippi (State of), Series 2015 C, Ref. GO Bonds |
5.00% | 10/01/2025 | 100 | 112,860 | ||||||||
|
|
|
|||||||||||
|
Missouri-0.96% |
||||||||||||
|
Missouri (State of) Health & Educational Facilities Authority (BJC Health System), Series 2015 A, RB |
4.00% | 01/01/2045 | 10 | 10,572 | ||||||||
|
Missouri (State of) Health & Educational Facilities Authority (St. Anthony’s Medical Center), Series 2015 B, Ref. RB |
4.00% | 02/01/2040 | 40 | 42,545 | ||||||||
|
Missouri (State of) Health & Educational Facilities Authority (The Children’s Mercy Hospital), Series 2017 A, RB |
4.00% | 05/15/2042 | 25 | 26,829 | ||||||||
|
Missouri (State of) Highway & Transportation Commission, Series 2014 A, Ref. RB |
5.00% | 05/01/2025 | 250 | 270,460 | ||||||||
|
Missouri (State of) Joint Municipal Electric Utility Commission (Prairie Street), Series 2015 A, Ref. RB |
5.00% | 12/01/2030 | 100 | 110,685 | ||||||||
|
|
|
|||||||||||
| 461,091 | ||||||||||||
|
|
|
|||||||||||
|
Nebraska-0.17% |
||||||||||||
|
Public Power Generation Agency (Whelan Energy Center Unit), Series 2015, Ref. RB |
5.00% | 01/01/2028 | 75 | 82,213 | ||||||||
|
|
|
|||||||||||
|
Nevada-1.15% |
||||||||||||
|
Clark (County of), NV Department of Aviation, Series 2015 A, Ref. RB |
5.00% | 07/01/2040 | 210 | 231,952 | ||||||||
|
Clark County School District, Series 2017 A, Ref. GO Bonds |
5.00% | 06/15/2025 | 170 | 189,344 | ||||||||
|
Nevada (State of), Series 2015 B, Ref. GO Bonds |
5.00% | 11/01/2025 | 115 | 128,058 | ||||||||
|
|
|
|||||||||||
| 549,354 | ||||||||||||
|
|
|
|||||||||||
|
New Jersey-3.57% |
||||||||||||
|
New Jersey (State of), Series 2014, GO Bonds(a)(b) |
5.00% | 06/01/2025 | 200 | 222,919 | ||||||||
|
New Jersey (State of), Series 2020 A, GO Bonds |
5.00% | 06/01/2025 | 180 | 199,536 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2005 N-1, Ref. RB, (INS - AGM)(c) |
5.50% | 09/01/2025 | 40 | 45,300 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2015 XX, Ref. RB |
5.00% | 06/15/2025 | 370 | 408,858 | ||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health Obligated Group), Series 2017 A, Ref. RB |
5.00% | 07/01/2025 | 200 | 223,732 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2014 AA, RB |
5.00% | 06/15/2025 | 270 | 290,710 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2015 AA, RB |
5.25% | 06/15/2031 | 100 | 111,252 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2014 C, Ref. RB |
5.00% | 01/01/2025 | 70 | 76,978 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
137 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New Jersey-(continued) |
||||||||||||
|
New Jersey (State of) Turnpike Authority, Series 2015 E, RB |
5.00% | 01/01/2045 | $ | 115 | $ | 124,759 | ||||||
|
New Jersey (State of) Turnpike Authority, Series 2017 E, Ref. RB |
5.00% | 01/01/2025 | 5 | 5,498 | ||||||||
|
|
|
|||||||||||
| 1,709,542 | ||||||||||||
|
|
|
|||||||||||
|
New York-16.91% |
||||||||||||
|
Metropolitan Transportation Authority, Series 2016 B, Ref. RB |
5.00% | 11/15/2025 | 200 | 223,659 | ||||||||
|
Metropolitan Transportation Authority, Subseries 2015 C-1, Ref. RB |
5.00% | 11/15/2029 | 265 | 294,269 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 A2, Ref. RB |
5.00% | 11/15/2025 | 200 | 223,659 | ||||||||
|
New York & New Jersey (States of) Port Authority, One Hundred Ninety Fourth Series 2015, Ref. RB |
5.00% | 10/15/2030 | 100 | 112,006 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2015, Ref. RB |
5.00% | 05/01/2027 | 75 | 83,097 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2015, Ref. RB |
5.00% | 05/01/2030 | 70 | 77,443 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2015, Ref. RB |
5.00% | 05/01/2045 | 35 | 38,222 | ||||||||
|
New York (City of), NY, Series 2015 C, Ref. GO Bonds |
5.00% | 08/01/2028 | 200 | 220,403 | ||||||||
|
New York (City of), NY, Series 2015 FF, Ref. RB |
5.00% | 06/15/2029 | 90 | 100,456 | ||||||||
|
New York (City of), NY, Series 2015 FF, Ref. RB |
5.00% | 06/15/2039 | 200 | 221,805 | ||||||||
|
New York (City of), NY, Series 2015, Ref. RB |
5.00% | 06/15/2046 | 25 | 27,590 | ||||||||
|
New York (City of), NY, Series 2017 C, Ref. GO Bonds |
5.00% | 08/01/2025 | 200 | 224,202 | ||||||||
|
New York (City of), NY, Series 2019 E, Ref. GO Bonds |
5.00% | 08/01/2025 | 110 | 123,311 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 A1, RB |
5.00% | 08/01/2037 | 85 | 94,473 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 A-1, RB |
5.00% | 08/01/2031 | 300 | 334,707 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 S, RB |
5.00% | 07/15/2027 | 150 | 167,778 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 S, RB |
5.00% | 07/15/2034 | 35 | 38,952 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 S, RB |
5.00% | 07/15/2035 | 25 | 27,426 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 S, RB |
5.00% | 07/15/2040 | 200 | 221,333 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015 S-1, RB |
5.00% | 07/15/2040 | 75 | 81,925 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2015, RB |
5.00% | 02/01/2032 | 185 | 203,483 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017, RB |
5.00% | 11/01/2025 | 100 | 113,053 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2020, Ref. RB |
5.00% | 11/01/2025 | 50 | 56,527 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2015 B-1, RB |
5.00% | 11/01/2032 | 180 | 202,121 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2015 B-1, RB |
5.00% | 11/01/2035 | 150 | 168,149 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2015 B-1, RB |
5.00% | 11/01/2038 | 75 | 83,819 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 A, RB |
5.00% | 02/15/2025 | 100 | 107,350 | ||||||||
|
New York (State of) Dormitory Authority, Series 2014 E, Ref. RB |
5.00% | 02/15/2044 | 200 | 217,853 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 A, Ref. RB |
5.00% | 03/15/2025 | 200 | 221,742 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 A, Ref. RB |
5.00% | 03/15/2030 | 100 | 110,336 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 A, Ref. RB |
5.00% | 03/15/2032 | 85 | 93,759 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, RB(a) |
5.00% | 02/15/2025 | 105 | 116,206 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, RB |
5.00% | 02/15/2027 | 40 | 44,043 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, RB |
5.00% | 03/15/2031 | 200 | 224,618 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, RB |
5.00% | 03/15/2033 | 175 | 196,348 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, RB |
5.00% | 03/15/2042 | 40 | 44,499 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 B, RB |
5.00% | 02/15/2044 | 90 | 98,034 | ||||||||
|
New York (State of) Dormitory Authority, Series 2015 E, Ref. RB |
4.00% | 03/15/2027 | 150 | 163,200 | ||||||||
|
New York (State of) Dormitory Authority, Series 2016 D, Ref. RB(a) |
5.00% | 02/15/2025 | 100 | 110,673 | ||||||||
|
New York (State of) Dormitory Authority, Series 2018 A, RB |
5.00% | 10/01/2025 | 100 | 111,817 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 A, RB, (INS - AGM)(c) |
5.00% | 10/01/2025 | 200 | 224,823 | ||||||||
|
New York (State of) Dormitory Authority, Series 2021 A, Ref. RB |
5.00% | 03/15/2025 | 100 | 110,871 | ||||||||
|
New York (State of) Dormitory Authority (Barnard College), Series 2015 A, Ref. RB |
5.00% | 07/01/2043 | 200 | 220,515 | ||||||||
|
New York (State of) Dormitory Authority (Icahn School of Medicine at Mount Sinai), Series 2015 A, Ref. RB |
5.00% | 07/01/2040 | 45 | 49,508 | ||||||||
|
New York (State of) Thruway Authority, Series 2014 K, Ref. RB |
5.00% | 01/01/2025 | 110 | 121,095 | ||||||||
|
New York (State of) Thruway Authority, Series 2014 K, Ref. RB |
5.00% | 01/01/2028 | 200 | 219,762 | ||||||||
|
New York Convention Center Development Corp. (Hotel Unit Fee Secured), Series 2015, Ref. RB |
5.00% | 11/15/2033 | 95 | 106,166 | ||||||||
|
New York Convention Center Development Corp. (Hotel Unit Fee Secured), Series 2015, Ref. RB |
4.00% | 11/15/2045 | 210 | 221,450 | ||||||||
|
New York State Urban Development Corp., Series 2015 A, Ref. RB |
5.00% | 03/15/2027 | 20 | 22,432 | ||||||||
|
New York State Urban Development Corp., Series 2015 A, Ref. RB |
5.00% | 03/15/2028 | 15 | 16,819 | ||||||||
|
New York State Urban Development Corp., Series 2015 A, Ref. RB |
5.00% | 03/15/2033 | 150 | 167,803 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
138 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York Transportation Development Corp. (Terminal 4 JFK International Airport), Series 2020, Ref. RB |
5.00% | 12/01/2025 | $ | 100 | $ | 110,385 | ||||||
|
Triborough Bridge & Tunnel Authority, Series 2008 B-3, RB |
5.00% | 11/15/2034 | 405 | 454,308 | ||||||||
|
Utility Debt Securitization Authority, Series 2015, Ref. RB |
5.00% | 06/15/2027 | 260 | 290,207 | ||||||||
|
Utility Debt Securitization Authority, Series 2015, Ref. RB |
5.00% | 12/15/2036 | 75 | 84,461 | ||||||||
|
Utility Debt Securitization Authority, Series 2015, Ref. RB |
4.00% | 12/15/2037 | 50 | 54,054 | ||||||||
|
|
|
|||||||||||
| 8,099,005 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-1.31% |
||||||||||||
|
Charlotte (City of), NC, Series 2015, Ref. RB |
5.00% | 07/01/2025 | 110 | 123,436 | ||||||||
|
North Carolina (State of), Series 2019 A, RB |
5.00% | 05/01/2025 | 100 | 111,487 | ||||||||
|
North Carolina (State of) (Vehicle-Garvee), Series 2015, RB |
5.00% | 03/01/2027 | 150 | 165,719 | ||||||||
|
North Carolina (State of) Capital Facilities Finance Agency (Duke University), Series 2015 B, Ref. RB(a)(b) |
5.00% | 10/01/2025 | 200 | 225,795 | ||||||||
|
|
|
|||||||||||
| 626,437 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-1.77% |
||||||||||||
|
Bowling Green State University, Series 2016 A, RB |
5.00% | 06/01/2042 | 100 | 111,571 | ||||||||
|
Columbus (City of), OH, Series 2014, Ref. RB |
5.00% | 06/01/2025 | 25 | 27,512 | ||||||||
|
Columbus (City of), OH, Series 2016 1, Ref. GO Bonds |
5.00% | 07/01/2025 | 150 | 167,903 | ||||||||
|
Columbus (City of), OH, Series 2021 A, GO Bonds |
5.00% | 04/01/2025 | 100 | 111,113 | ||||||||
|
Ohio (State of), Series 2017 A, GO Bonds |
5.00% | 05/01/2032 | 150 | 166,047 | ||||||||
|
Ohio (State of) (Garvee), Series 2018 1, RB |
5.00% | 12/15/2025 | 85 | 96,495 | ||||||||
|
Willoughby-Eastlake City School District, Series 2016, GO Bonds(a)(b) |
5.00% | 12/01/2025 | 150 | 169,863 | ||||||||
|
|
|
|||||||||||
| 850,504 | ||||||||||||
|
|
|
|||||||||||
|
Oklahoma-0.23% |
||||||||||||
|
Tulsa (City of), OK Public Facilities Authority, Series 2019, RB |
5.00% | 06/01/2025 | 100 | 111,425 | ||||||||
|
|
|
|||||||||||
|
Oregon-0.02% |
||||||||||||
|
Oregon (State of) Department of Transportation, Series 2015 A, Ref. RB |
5.00% | 11/15/2025 | 10 | 10,995 | ||||||||
|
|
|
|||||||||||
|
Pennsylvania-3.74% |
||||||||||||
|
Monroeville Finance Authority, Series 2012, RB |
5.00% | 02/15/2025 | 105 | 115,646 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, GO Bonds |
5.00% | 03/15/2025 | 95 | 105,417 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, GO Bonds |
5.00% | 03/15/2028 | 500 | 553,881 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, GO Bonds |
5.00% | 03/15/2033 | 100 | 109,680 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2016, Ref. GO Bonds |
5.00% | 09/15/2025 | 120 | 135,125 | ||||||||
|
Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University), Series 2015 A, Ref. RB |
5.00% | 09/01/2045 | 35 | 38,284 | ||||||||
|
Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Thomas Jefferson University), Series 2015, Ref. RB |
5.00% | 09/01/2039 | 100 | 109,383 | ||||||||
|
Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System), Series 2015, Ref. RB |
5.00% | 08/15/2040 | 100 | 110,833 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016, Ref. RB |
5.00% | 06/01/2027 | 200 | 225,467 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016, Ref. RB |
5.00% | 06/01/2030 | 150 | 167,472 | ||||||||
|
Westmoreland (County of), PA Municipal Authority, Series 2016, Ref. RB, (INS - BAM)(c) |
5.00% | 08/15/2038 | 110 | 122,033 | ||||||||
|
|
|
|||||||||||
| 1,793,221 | ||||||||||||
|
|
|
|||||||||||
|
South Carolina-0.95% |
||||||||||||
|
Charleston (City of), SC, Series 2015, RB(a)(b) |
5.00% | 01/01/2025 | 200 | 220,819 | ||||||||
|
South Carolina (State of) Public Service Authority, Series 2015 A, Ref. RB |
5.00% | 12/01/2050 | 210 | 232,981 | ||||||||
|
|
|
|||||||||||
| 453,800 | ||||||||||||
|
|
|
|||||||||||
|
Tennessee-0.41% |
||||||||||||
|
Jackson (City of), TN (Jackson-Madison), Series 2015, Ref. RB |
4.00% | 04/01/2041 | 25 | 26,297 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2015 C, GO Bonds(a)(b) . |
5.00% | 07/01/2025 | 40 | 44,760 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2016, Ref. GO Bonds |
5.00% | 01/01/2025 | 10 | 11,032 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2017, GO Bonds |
5.00% | 07/01/2025 | 5 | 5,599 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
139 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Tennessee-(continued) |
||||||||||||
|
Tennessee (State of) School Bond Authority, Series 2015 B, RB(a)(b) |
5.00% | 11/01/2025 | $ | 10 | $ | 11,286 | ||||||
|
Tennessee (State of) School Bond Authority, Series 2015 B, RB, (CEP - Colorado Higher Education Intercept Program) |
5.00% | 11/01/2025 | 85 | 96,062 | ||||||||
|
|
|
|||||||||||
| 195,036 | ||||||||||||
|
|
|
|||||||||||
|
Texas-10.18% |
||||||||||||
|
Austin (City of), TX, Series 2015, Ref. GO Bonds |
2.95% | 09/01/2027 | 180 | 189,761 | ||||||||
|
Austin Community College District, Series 2015, GO Bonds |
5.00% | 08/01/2035 | 150 | 166,876 | ||||||||
|
Bexar (County of), TX, Series 2016, Ref. GO Bonds(a)(b) |
4.00% | 06/15/2025 | 250 | 271,821 | ||||||||
|
Corpus Christi (City of), TX, Series 2015, RB |
5.00% | 07/15/2040 | 100 | 110,805 | ||||||||
|
Dallas (City of), TX, Series 2014, Ref. GO Bonds |
5.00% | 02/15/2025 | 75 | 80,558 | ||||||||
|
Dallas (City of), TX Area Rapid Transit, Series 2016 A, Ref. RB(a)(b) |
5.00% | 12/01/2025 | 150 | 170,157 | ||||||||
|
Dallas (City of), TX Area Rapid Transit, Series 2016 A, Ref. RB(a)(b) |
5.00% | 12/01/2025 | 50 | 56,719 | ||||||||
|
Dallas Independent School District, Series 2016 A, GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 02/15/2025 | 200 | 221,196 | ||||||||
|
Harris (County of), TX, Series 2015 A, Ref. GO Bonds |
5.00% | 10/01/2027 | 70 | 78,845 | ||||||||
|
Harris (County of), TX, Series 2015 A, Ref. GO Bonds |
5.00% | 10/01/2029 | 155 | 174,469 | ||||||||
|
Houston (City of), TX, Series 2016 B, Ref. RB |
5.00% | 11/15/2025 | 200 | 225,967 | ||||||||
|
Lewisville Independent School District, Series 2016 B, Ref. GO Bonds |
5.00% | 08/15/2028 | 115 | 128,771 | ||||||||
|
Metropolitan Transit Authority of Harris County, Series 2016 A, Ref. RB |
5.00% | 11/01/2025 | 130 | 147,069 | ||||||||
|
North Texas Municipal Water District, Series 2015, Ref. RB |
5.00% | 09/01/2029 | 200 | 224,230 | ||||||||
|
North Texas Tollway Authority, Series 2015 A, Ref. RB |
5.00% | 01/01/2032 | 100 | 109,065 | ||||||||
|
North Texas Tollway Authority, Series 2015 A, Ref. RB |
5.00% | 01/01/2033 | 200 | 218,013 | ||||||||
|
North Texas Tollway Authority, Series 2015 A, Ref. RB |
5.00% | 01/01/2035 | 115 | 125,257 | ||||||||
|
Permanent University Fund - University of Texas System, Series 2014 B, Ref. RB |
5.00% | 07/01/2025 | 145 | 157,605 | ||||||||
|
Rockwall Independent School District, Series 2016, GO Bonds(a)(b) |
5.00% | 02/15/2025 | 175 | 193,881 | ||||||||
|
SA Energy Acquisition Public Facility Corp., Series 2007, RB |
5.50% | 08/01/2025 | 100 | 112,267 | ||||||||
|
Tarrant (County of), TX Regional Water District, Series 2015, Ref. RB |
5.00% | 03/01/2029 | 150 | 165,463 | ||||||||
|
Tarrant County Cultural Education Facilities Finance Corp., Series 2016 A, Ref. RB |
5.00% | 02/15/2025 | 50 | 55,268 | ||||||||
|
Texas (State of), Series 2015 A, Ref. GO Bonds |
5.00% | 10/01/2027 | 150 | 169,402 | ||||||||
|
Texas (State of), Series 2015 A, Ref. GO Bonds |
5.00% | 10/01/2028 | 100 | 113,085 | ||||||||
|
Texas (State of), Series 2015 A, Ref. GO Bonds |
5.00% | 10/01/2035 | 200 | 224,898 | ||||||||
|
Texas (State of) Water Development Board, Series 2015 A, RB |
5.00% | 10/15/2030 | 305 | 343,914 | ||||||||
|
Texas (State of) Water Development Board, Series 2015 A, RB |
5.00% | 10/15/2040 | 115 | 128,979 | ||||||||
|
Texas (State of) Water Development Board, Series 2015 A, RB |
5.00% | 10/15/2045 | 100 | 111,744 | ||||||||
|
Texas A&M University, Series 2017 E, Ref. RB |
5.00% | 05/15/2025 | 125 | 139,395 | ||||||||
|
Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021, Ref. RB |
5.00% | 12/15/2025 | 100 | 110,747 | ||||||||
|
Texas State University Board of Regents, Series 2017 A, Ref. RB |
5.00% | 03/15/2025 | 135 | 149,676 | ||||||||
|
|
|
|||||||||||
| 4,875,903 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.70% |
||||||||||||
|
Utah (State of), Series 2018, GO Bonds |
5.00% | 07/01/2025 | 100 | 112,214 | ||||||||
|
Utah (State of) Transit Authority, Series 2015 A, Ref. RB(a)(b) |
5.00% | 06/15/2025 | 140 | 156,231 | ||||||||
|
Utah (State of) Transit Authority, Series 2015 A, Ref. RB(a)(b) |
5.00% | 06/15/2025 | 60 | 67,059 | ||||||||
|
|
|
|||||||||||
| 335,504 | ||||||||||||
|
|
|
|||||||||||
|
Vermont-0.05% |
||||||||||||
|
University of Vermont & State Agricultural College, Series 2015, Ref. RB |
5.00% | 10/01/2045 | 20 | 22,216 | ||||||||
|
|
|
|||||||||||
|
Virginia-2.03% |
||||||||||||
|
Fairfax (County of), VA, Series 2020 A, Ref. GO Bonds |
4.00% | 10/01/2025 | 75 | 82,196 | ||||||||
|
University of Virginia, Series 2015 A-1, RB |
4.00% | 04/01/2045 | 150 | 159,950 | ||||||||
|
Virginia (State of) College Building Authority, Series 2015 A, RB(a)(b) |
5.00% | 02/01/2025 | 40 | 44,274 | ||||||||
|
Virginia (State of) College Building Authority, Series 2015 A, RB |
5.00% | 02/01/2025 | 215 | 237,518 | ||||||||
|
Virginia (State of) College Building Authority (21st Century College), Series 2020, RB |
5.00% | 02/01/2025 | 130 | 143,734 | ||||||||
|
Virginia (State of) Commonwealth Transportation Board, Series 2017 A, Ref. RB |
5.00% | 05/15/2025 | 120 | 133,699 | ||||||||
|
Virginia (State of) Public Building Authority, Series 2016 B, Ref. RB |
5.00% | 08/01/2025 | 65 | 72,981 | ||||||||
|
Virginia (State of) Public School Authority, Series 2014, Ref. RB |
4.00% | 08/01/2025 | 90 | 96,014 | ||||||||
|
|
|
|||||||||||
| 970,366 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
140 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Washington-3.84% |
||||||||||||
|
Central Puget Sound Regional Transit Authority (Green Bonds), Series 2015 S-1, Ref. RB(a)(b) |
5.00% | 11/01/2025 | $ | 30 | $ | 33,893 | ||||||
|
Central Puget Sound Regional Transit Authority (Green Bonds), Series 2015 S-1, Ref. RB(a)(b) |
5.00% | 11/01/2025 | 75 | 84,732 | ||||||||
|
Central Puget Sound Regional Transit Authority (Green Bonds), Series 2015 S-1, Ref. RB(a)(b) |
5.00% | 11/01/2025 | 75 | 84,732 | ||||||||
|
Central Puget Sound Regional Transit Authority (Green Bonds), Series 2015 S-1, Ref. RB(a)(b) |
5.00% | 11/01/2025 | 150 | 169,465 | ||||||||
|
Energy Northwest (Columbia Generating Station), Series 2015 A, Ref. RB |
5.00% | 07/01/2029 | 100 | 111,381 | ||||||||
|
Energy Northwest (Columbia Generating Station), Series 2015 A, Ref. RB |
5.00% | 07/01/2032 | 75 | 83,381 | ||||||||
|
King (County of), WA, Series 2015, Ref. GO Bonds(a)(b) |
5.00% | 01/01/2025 | 115 | 126,971 | ||||||||
|
King (County of), WA, Series 2015, Ref. RB(a)(b) |
5.00% | 01/01/2025 | 40 | 44,164 | ||||||||
|
King (County of), WA, Series 2015, Ref. RB(a)(b) |
5.00% | 01/01/2025 | 55 | 60,725 | ||||||||
|
Snohomish (County of), WA Public Utility District No. 1, Series 2015, RB |
5.00% | 12/01/2045 | 20 | 22,299 | ||||||||
|
Snohomish County School District No. 201 Snohomish, Series 2016, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2027 | 10 | 11,304 | ||||||||
|
Washington (State of), Series 2014 R, Ref. GO Bonds |
5.00% | 07/01/2028 | 45 | 49,433 | ||||||||
|
Washington (State of), Series 2014 R, Ref. GO Bonds |
5.00% | 07/01/2029 | 10 | 10,976 | ||||||||
|
Washington (State of), Series 2015 A-1, GO Bonds |
5.00% | 08/01/2031 | 200 | 223,350 | ||||||||
|
Washington (State of), Series 2015 R, Ref. GO Bonds |
5.00% | 07/01/2026 | 15 | 16,500 | ||||||||
|
Washington (State of), Series 2015 R, Ref. GO Bonds |
5.00% | 07/01/2029 | 115 | 126,228 | ||||||||
|
Washington (State of), Series 2015 R, Ref. GO Bonds |
5.00% | 07/01/2033 | 200 | 219,177 | ||||||||
|
Washington (State of), Series 2017 R, Ref. GO Bonds |
5.00% | 08/01/2025 | 250 | 280,698 | ||||||||
|
Washington (State of) Health Care Facilities Authority (Multicare Health System), Series 2015 B, Ref. RB |
5.00% | 08/15/2030 | 35 | 38,916 | ||||||||
|
Washington (State of) Health Care Facilities Authority (Seattle Cancer Care Alliance), Series 2014, Ref. RB |
5.00% | 03/01/2038 | 40 | 43,631 | ||||||||
|
|
|
|||||||||||
| 1,841,956 | ||||||||||||
|
|
|
|||||||||||
|
Wisconsin-0.96% |
||||||||||||
|
Wisconsin (State of), Series 2015, Ref. GO Bonds |
5.00% | 05/01/2027 | 165 | 183,410 | ||||||||
|
Wisconsin (State of), Series 2017 A, GO Bonds |
5.00% | 05/01/2027 | 250 | 277,894 | ||||||||
|
|
|
|||||||||||
| 461,304 | ||||||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(d)-98.80% |
47,329,883 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.20% |
575,881 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 47,905,764 | ||||||||||
|
|
|
|||||||||||
|
Investment Abbreviations: | ||
|
AGM |
-Assured Guaranty Municipal Corp. | |
|
BAM |
-Build America Mutual Assurance Co. | |
|
CEP |
-Credit Enhancement Provider | |
|
COP |
-Certificates of Participation | |
|
GO |
-General Obligation | |
|
INS |
-Insurer | |
|
NATL |
-National Public Finance Guarantee Corp. | |
|
RB |
-Revenue Bonds | |
|
Ref. |
-Refunding | |
|
RN |
-Revenue Notes | |
Notes to Schedule of Investments:
| (a) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (b) |
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (c) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (d) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
141 |
||||
|
|
| |||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
23.92 | |||
|
Sales Tax Revenue |
10.73 | |||
|
Lease Revenue |
8.50 | |||
|
Health, Hospital, Nursing Home Revenue |
7.73 | |||
|
Water Revenue |
7.05 | |||
|
Miscellaneous Revenue |
6.96 | |||
|
College & University Revenue |
6.14 | |||
|
Appropriations |
5.39 | |||
|
Income Tax Revenue |
5.07 | |||
|
Electric Power Revenue |
3.38 | |||
|
Highway Tolls Revenue |
3.27 | |||
|
Port, Airport & Marina Revenue |
3.00 | |||
|
Revenue Types Each Less Than 3% |
7.66 | |||
|
Other Assets Less Liabilities |
1.20 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
142 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) February 28, 2022 (Unaudited)
Schedule of Investments |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
Municipal Obligations-98.47% |
||||||||||||||||
|
Alabama-1.70% |
||||||||||||||||
|
Alabama (State of) Federal Aid Highway Finance Authority (Garvee), Series 2017 B, Ref. RB(a) |
5.00 | % | 09/01/2026 | $ | 20 | $ | 23,167 | |||||||||
|
Mobile (City of), AL Infirmary Health System Special Care Facilities Financing Authority, Series 2016 A, RB |
4.00 | % | 02/01/2046 | 200 | 210,093 | |||||||||||
|
Tuscaloosa (City of), AL Board of Education, Series 2016, Revenue Wts.(a)(b) |
5.00 | % | 08/01/2026 | 60 | 69,344 | |||||||||||
|
UAB Medicine Finance Authority, Series 2016 B, Ref. RB |
3.63 | % | 09/01/2041 | 20 | 21,283 | |||||||||||
|
UAB Medicine Finance Authority, Series 2016 B, Ref. RB |
5.00 | % | 09/01/2041 | 125 | 142,566 | |||||||||||
|
|
|
|||||||||||||||
| 466,453 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Arizona-0.83% |
||||||||||||||||
|
Arizona State University (Green Bonds), Series 2016 B, RB |
5.00 | % | 07/01/2042 | 200 | 227,901 | |||||||||||
|
|
|
|||||||||||||||
|
California-18.96% |
||||||||||||||||
|
Alameda (City of), CA Corridor Transportation Authority,
Series 2016 B, Ref. RB, |
4.00 | % | 10/01/2037 | 100 | 108,425 | |||||||||||
|
Alameda (County of), CA Joint Powers Authority (Juvenile Justice), Series 2016, Ref. RB |
4.00 | % | 12/01/2034 | 25 | 27,775 | |||||||||||
|
Anaheim City School District, Series 2016, GO Bonds |
3.00 | % | 08/01/2046 | 100 | 100,819 | |||||||||||
|
California (State of), Series 2016, GO Bonds |
5.00 | % | 09/01/2029 | 25 | 28,806 | |||||||||||
|
California (State of), Series 2016, GO Bonds |
3.00 | % | 09/01/2046 | 5 | 5,008 | |||||||||||
|
California (State of), Series 2016, Ref. GO Bonds |
5.00 | % | 09/01/2032 | 420 | 483,344 | |||||||||||
|
California (State of), Series 2016, Ref. GO Bonds |
5.00 | % | 09/01/2033 | 100 | 115,035 | |||||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00 | % | 11/01/2026 | 130 | 150,690 | |||||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00 | % | 08/01/2036 | 100 | 114,510 | |||||||||||
|
California (State of), Series 2018, GO Bonds |
5.00 | % | 10/01/2026 | 15 | 17,132 | |||||||||||
|
California (State of), Series 2018, GO Bonds |
5.00 | % | 10/01/2026 | 60 | 69,398 | |||||||||||
|
California (State of), Series 2020, GO Bonds |
3.00 | % | 03/01/2026 | 100 | 106,120 | |||||||||||
|
California (State of) (Bid Group C), Series 2018, Ref. GO Bonds |
5.00 | % | 08/01/2026 | 50 | 57,578 | |||||||||||
|
California (State of) Educational Facilities Authority (Pepperdine University), Series 2016, Ref. RB(a)(b) |
5.00 | % | 04/01/2026 | 20 | 22,833 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Adventist Health System), Series 2016 A, Ref. RB |
4.00 | % | 03/01/2039 | 55 | 58,813 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Adventist Health System), Series 2016, Ref. RB |
3.00 | % | 03/01/2039 | 270 | 272,854 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center), Series 2015, Ref. RB |
5.00 | % | 11/15/2026 | 10 | 11,294 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center), Series 2016 B, Ref. RB |
4.00 | % | 08/15/2039 | 70 | 76,012 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Providence St. Joseph Health), Series 2016 A, Ref. RB |
3.00 | % | 10/01/2047 | 250 | 250,017 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Providence St. Joseph Health), Series 2016 A, Ref. RB |
4.00 | % | 10/01/2047 | 25 | 27,106 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2016 B, Ref. RB(a)(b) |
5.00 | % | 11/15/2026 | 40 | 46,437 | |||||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2016 B, Ref. RB |
5.00 | % | 11/15/2046 | 60 | 68,416 | |||||||||||
|
California (State of) Public Finance Authority (Henry Mayo Newhall Hospital), Series 2017, Ref. RB |
5.00 | % | 10/15/2047 | 200 | 224,577 | |||||||||||
|
California (State of) Public Works Board, Series 2015 F, Ref. RB |
5.00 | % | 05/01/2026 | 35 | 38,882 | |||||||||||
|
California (State of) Public Works Board, Series 2017 B, Ref. RB |
5.00 | % | 10/01/2026 | 30 | 34,642 | |||||||||||
|
California (State of) Public Works Board (Various Capital), Series 2016 A, Ref. RB |
4.00 | % | 11/01/2032 | 220 | 242,204 | |||||||||||
|
California (State of) Public Works Board (Various Capital), Series 2016 C, Ref. RB |
5.00 | % | 11/01/2026 | 25 | 28,930 | |||||||||||
|
California State University, Series 2016 A, Ref. RB |
5.00 | % | 11/01/2041 | 100 | 113,213 | |||||||||||
|
California State University, Series 2016 A, Ref. RB |
5.00 | % | 11/01/2045 | 100 | 113,041 | |||||||||||
|
Central Unified School District (Election of 2016), Series 2018 B, GO Bonds |
4.00 | % | 08/01/2048 | 200 | 215,645 | |||||||||||
|
Fresno Unified School District, Series 2002 A, Ref. GO Bonds, (INS - NATL)(c) |
6.00 | % | 08/01/2026 | 25 | 27,372 | |||||||||||
|
Grossmont Union High School District (Election of 2008), Series 2016 B, Ref. GO Bonds |
3.00 | % | 08/01/2045 | 5 | 5,047 | |||||||||||
|
Hayward Unified School District, Series 2017, GO Bonds, (INS - AGM)(c) |
3.50 | % | 08/01/2037 | 45 | 47,220 | |||||||||||
|
Imperial Irrigation District, Series 2016 C, Ref. RB |
5.00 | % | 11/01/2036 | 250 | 282,711 | |||||||||||
|
Imperial Irrigation District, Series 2016 C, Ref. RB |
5.00 | % | 11/01/2038 | 25 | 28,239 | |||||||||||
|
Irvine Ranch Water District, Series 2016, RB |
5.25 | % | 02/01/2046 | 30 | 34,533 | |||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
143 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
California-(continued) |
||||||||||||||||
|
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2020 A, Ref. RB |
5.00 | % | 05/15/2026 | $ | 120 | $ | 137,141 | |||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2016 A, Ref. RB |
5.00 | % | 07/01/2041 | 50 | 56,215 | |||||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2016 A, Ref. RB |
5.00 | % | 07/01/2046 | 100 | 111,995 | |||||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2016 B, Ref. RB |
5.00 | % | 07/01/2026 | 5 | 5,681 | |||||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2021 A, RB |
5.00 | % | 07/01/2026 | 250 | 287,272 | |||||||||||
|
Los Angeles Unified School District, Series 2016 B, Ref. GO Bonds |
2.00 | % | 07/01/2029 | 45 | 45,430 | |||||||||||
|
Los Angeles Unified School District, Series 2016 B, Ref. GO Bonds |
3.00 | % | 07/01/2032 | 170 | 179,185 | |||||||||||
|
Metropolitan Water District of Southern California, Series 2020 A, Ref. RB |
5.00 | % | 07/01/2026 | 150 | 172,689 | |||||||||||
|
Montebello Unified School District (Election of 2016), Series 2016 A, GO Bonds |
5.00 | % | 08/01/2041 | 100 | 114,510 | |||||||||||
|
Palomar Health, Series 2016 B, Ref. GO Bonds |
4.00 | % | 08/01/2035 | 20 | 21,625 | |||||||||||
|
Sacramento (County of), CA, Series 2016 B, Ref. RB |
5.00 | % | 07/01/2041 | 30 | 33,898 | |||||||||||
|
San Diego (City of), CA Public Facilities Financing Authority, Series 2015, Ref. RB |
4.00 | % | 05/15/2026 | 20 | 21,691 | |||||||||||
|
San Diego (City of), CA Public Facilities Financing Authority, Series 2016 B, Ref. RB |
5.00 | % | 08/01/2037 | 60 | 68,568 | |||||||||||
|
San Diego (County of), CA Regional Transportation Commission, Series 2016 A, RB |
5.00 | % | 04/01/2041 | 15 | 16,953 | |||||||||||
|
San Diego Unified School District, Series 2016 1, Ref. GO Bonds |
4.00 | % | 07/01/2032 | 20 | 21,958 | |||||||||||
|
San Diego Unified School District, Series 2016 R-5, Ref. GO Bonds |
5.00 | % | 07/01/2029 | 30 | 34,442 | |||||||||||
|
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 D, Ref. RB |
5.00 | % | 05/01/2026 | 35 | 39,852 | |||||||||||
|
San Francisco (City of), CA Public Utilities Commission, Series 2016, Ref. RB |
5.00 | % | 11/01/2032 | 40 | 46,249 | |||||||||||
|
Sweetwater Union High School District (Election of 2006), Series 2016 B, GO Bonds, (INS - AGM)(c) |
3.38 | % | 08/01/2040 | 80 | 82,166 | |||||||||||
|
University of California, Series 2016 AR, Ref. RB |
5.00 | % | 05/15/2046 | 25 | 28,276 | |||||||||||
|
Victor Valley Union High School District, Series 2016 A, Ref. GO Bonds, (INS - BAM)(c) |
3.00 | % | 08/01/2034 | 20 | 20,902 | |||||||||||
|
|
|
|||||||||||||||
| 5,201,376 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Colorado-1.58% |
||||||||||||||||
|
Colorado (State of) Higher Education, Series 2014 A, Ref. COP |
5.00 | % | 11/01/2026 | 30 | 34,599 | |||||||||||
|
Denver (City & County of), CO (Convention Center Expansion), Series 2018 A, COP |
5.38 | % | 06/01/2043 | 215 | 245,022 | |||||||||||
|
Denver (City & County of), CO Airport System Revenue, Series 2016 A, Ref. RB |
5.00 | % | 11/15/2032 | 10 | 11,507 | |||||||||||
|
Denver City & County School District No. 1, Series 2016, Ref. GO Bonds |
4.00 | % | 12/01/2026 | 25 | 27,419 | |||||||||||
|
Denver City & County School District No. 1, Series 2017, GO Bonds |
5.00 | % | 12/01/2031 | 10 | 11,547 | |||||||||||
|
Denver City & County School District No. 1, Series 2017, GO Bonds |
5.00 | % | 12/01/2038 | 90 | 103,302 | |||||||||||
|
|
|
|||||||||||||||
| 433,396 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Connecticut-1.15% |
||||||||||||||||
|
Connecticut (State of), Series 2015 F, GO Bonds |
5.00 | % | 11/15/2026 | 25 | 28,246 | |||||||||||
|
Connecticut (State of), Series 2016 A, RB |
5.00 | % | 09/01/2026 | 100 | 115,364 | |||||||||||
|
Connecticut (State of), Series 2018 E, GO Bonds |
5.00 | % | 09/15/2026 | 130 | 150,126 | |||||||||||
|
Connecticut (State of), Series 2019 A, GO Bonds |
5.00 | % | 04/15/2026 | 20 | 22,840 | |||||||||||
|
|
|
|||||||||||||||
| 316,576 | ||||||||||||||||
|
|
|
|||||||||||||||
|
District of Columbia-2.30% |
||||||||||||||||
|
District of Columbia, Series 2016 A, GO Bonds |
5.00 | % | 06/01/2030 | 50 | 57,143 | |||||||||||
|
District of Columbia, Series 2016 A, GO Bonds |
5.00 | % | 06/01/2032 | 175 | 199,536 | |||||||||||
|
District of Columbia, Series 2016 D, GO Bonds |
5.00 | % | 06/01/2041 | 15 | 17,306 | |||||||||||
|
District of Columbia, Series 2016 E, Ref. GO Bonds |
5.00 | % | 06/01/2031 | 35 | 40,554 | |||||||||||
|
District of Columbia Water & Sewer Authority, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2030 | 15 | 17,036 | |||||||||||
|
District of Columbia Water & Sewer Authority, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2031 | 15 | 17,010 | |||||||||||
|
District of Columbia Water & Sewer Authority, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2036 | 250 | 282,658 | |||||||||||
|
|
|
|||||||||||||||
| 631,243 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Florida-4.11% |
||||||||||||||||
|
Central Florida Expressway Authority, Series 2016 B, Ref. RB |
5.00 | % | 07/01/2034 | 100 | 113,771 | |||||||||||
|
Central Florida Expressway Authority, Series 2016 B, Ref. RB |
4.00 | % | 07/01/2035 | 100 | 109,043 | |||||||||||
|
Florida (State of) Municipal Power Agency, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2028 | 75 | 86,209 | |||||||||||
|
Florida (State of) Municipal Power Agency, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2029 | 40 | 45,921 | |||||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2015 D, Ref. COP |
5.00 | % | 02/01/2028 | 25 | 28,157 | |||||||||||
|
Miami-Dade (County of), FL, Series 2015, Ref. RB |
5.00 | % | 10/01/2026 | 100 | 112,710 | |||||||||||
|
Miami-Dade (County of), FL, Series 2016 A, Ref. GO Bonds |
5.00 | % | 07/01/2029 | 30 | 34,442 | |||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
144 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
Florida-(continued) |
||||||||||||||||
|
Miami-Dade (County of), FL, Series 2016 A, Ref. GO Bonds |
5.00 | % | 07/01/2031 | $ | 65 | $ | 74,537 | |||||||||
|
Miami-Dade (County of), FL, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2041 | 100 | 113,620 | |||||||||||
|
Miami-Dade (County of), FL Expressway Authority, Series 2016 A, Ref. RB |
5.00 | % | 07/01/2029 | 125 | 142,213 | |||||||||||
|
Miami-Dade (County of), FL Transit System, Series 2015, Ref. RB |
5.00 | % | 07/01/2026 | 10 | 11,194 | |||||||||||
|
Orange (County of), FL School Board, Series 2016 C, Ref. COP |
5.00 | % | 08/01/2033 | 10 | 11,410 | |||||||||||
|
Orange (County of), FL School Board, Series 2016 C, Ref. COP |
5.00 | % | 08/01/2034 | 10 | 11,387 | |||||||||||
|
Orange (County of), FL School Board, Series 2017, Ref. COP |
5.00 | % | 08/01/2026 | 50 | 57,485 | |||||||||||
|
Port St. Lucie (City of), FL, Series 2016, Ref. RB |
5.00 | % | 09/01/2029 | 20 | 23,026 | |||||||||||
|
School District of Broward County, Series 2015 A, Ref. COP |
5.00 | % | 07/01/2026 | 55 | 61,374 | |||||||||||
|
South Florida Water Management District, Series 2016, Ref. COP |
5.00 | % | 10/01/2026 | 10 | 11,383 | |||||||||||
|
South Florida Water Management District, Series 2016, Ref. COP |
5.00 | % | 10/01/2027 | 25 | 28,425 | |||||||||||
|
South Florida Water Management District, Series 2016, Ref. COP |
5.00 | % | 10/01/2028 | 25 | 28,361 | |||||||||||
|
South Florida Water Management District, Series 2016, Ref. COP |
5.00 | % | 10/01/2032 | 20 | 22,570 | |||||||||||
|
|
|
|||||||||||||||
| 1,127,238 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Georgia-1.51% |
||||||||||||||||
|
DeKalb (County of), GA, Series 2006 B, Ref. RB, (INS - AGM)(c) |
5.25 | % | 10/01/2032 | 70 | 81,632 | |||||||||||
|
Main Street Natural Gas, Inc., Series 2007 A, RB |
5.50 | % | 09/15/2026 | 170 | 196,074 | |||||||||||
|
Metropolitan Atlanta Rapid Transit Authority, Series 2016 B, Ref. RB |
5.00 | % | 07/01/2030 | 35 | 40,120 | |||||||||||
|
Metropolitan Atlanta Rapid Transit Authority, Series 2016 B, Ref. RB |
5.00 | % | 07/01/2033 | 50 | 57,301 | |||||||||||
|
Sandy Springs (City of), GA Public Facilities Authority (City Center), Series 2015, RB(a)(b) |
5.00 | % | 05/01/2026 | 35 | 40,095 | |||||||||||
|
|
|
|||||||||||||||
| 415,222 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Hawaii-0.78% |
||||||||||||||||
|
Hawaii (State of), Series 2016 FH, Ref. GO Bonds |
5.00 | % | 10/01/2026 | 85 | 98,642 | |||||||||||
|
Hawaii (State of), Series 2017 FN, Ref. GO Bonds |
5.00 | % | 10/01/2026 | 100 | 116,049 | |||||||||||
|
|
|
|||||||||||||||
| 214,691 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Illinois-7.16% |
||||||||||||||||
|
Chicago (City of), IL, Series 2016 C, Ref. GO Bonds |
5.00 | % | 01/01/2038 | 100 | 109,958 | |||||||||||
|
Chicago (City of), IL Midway International Airport, Series 2016 B, Ref. RB |
5.00 | % | 01/01/2046 | 250 | 277,995 | |||||||||||
|
Chicago O’Hare International Airport, Series 2015 B, Ref. RB |
5.00 | % | 01/01/2026 | 90 | 98,420 | |||||||||||
|
Chicago O’Hare International Airport, Series 2016 C, Ref. RB |
5.00 | % | 01/01/2029 | 10 | 11,216 | |||||||||||
|
Chicago O’Hare International Airport, Series 2016 C, Ref. RB |
5.00 | % | 01/01/2034 | 220 | 246,803 | |||||||||||
|
Chicago O’Hare International Airport, Series 2016 C, Ref. RB |
5.00 | % | 01/01/2038 | 100 | 111,816 | |||||||||||
|
Chicago O’Hare International Airport, Series 2017 E, RB |
5.00 | % | 01/01/2026 | 30 | 33,800 | |||||||||||
|
Cook (County of), IL, Series 2016 A, Ref. GO Bonds |
5.00 | % | 11/15/2026 | 100 | 115,196 | |||||||||||
|
Illinois (State of), Series 2016, GO Bonds |
4.00 | % | 01/01/2031 | 85 | 91,154 | |||||||||||
|
Illinois (State of), Series 2017 D, GO Bonds |
5.00 | % | 11/01/2026 | 400 | 452,312 | |||||||||||
|
Illinois (State of) Finance Authority (Ascension Health), Series 2016 C, Ref. RB |
5.00 | % | 02/15/2026 | 215 | 243,535 | |||||||||||
|
Illinois (State of) Finance Authority (Clean Water Initiative), Series 2016, RB |
4.00 | % | 07/01/2026 | 15 | 16,439 | |||||||||||
|
Illinois (State of) Toll Highway Authority, Series 2015 B, RB |
5.00 | % | 01/01/2036 | 55 | 61,402 | |||||||||||
|
Illinois (State of) Toll Highway Authority, Series 2016 A, Ref. RB |
5.00 | % | 12/01/2031 | 60 | 67,410 | |||||||||||
|
Sales Tax Securitization Corp., Series 2017 A, Ref. RB |
5.00 | % | 01/01/2026 | 25 | 28,068 | |||||||||||
|
|
|
|||||||||||||||
| 1,965,524 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Indiana-0.29% |
||||||||||||||||
|
Indiana University, Series 2016 A, Ref. RB |
5.00 | % | 06/01/2028 | 25 | 28,594 | |||||||||||
|
Indianapolis (City of), IN Department of Public Utilities, Series 2018 A, Ref. RB |
5.00 | % | 10/01/2026 | 45 | 52,179 | |||||||||||
|
|
|
|||||||||||||||
| 80,773 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Iowa-0.57% |
||||||||||||||||
|
Iowa (State of) Finance Authority (Green Bonds), Series 2017, Ref. RB |
5.00 | % | 08/01/2026 | 45 | 51,883 | |||||||||||
|
Iowa (State of) Higher Education Loan Authority (Grinnell College), Series 2017, RB |
5.00 | % | 12/01/2041 | 90 | 103,257 | |||||||||||
|
|
|
|||||||||||||||
| 155,140 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Kentucky-0.58% |
||||||||||||||||
|
Kentucky (State of) Turnpike Authority, Series 2016 A, Ref. RB |
5.00 | % | 07/01/2028 | 20 | 22,880 | |||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
145 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
Kentucky-(continued) |
||||||||||||||||
|
Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.), Series 2016, Ref. RB |
5.00 | % | 10/01/2029 | $ | 20 | $ | 22,894 | |||||||||
|
Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.), Series 2016, Ref. RB |
5.00 | % | 10/01/2030 | 100 | 114,327 | |||||||||||
|
|
|
|||||||||||||||
| 160,101 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Louisiana-0.62% |
||||||||||||||||
|
Louisiana State Citizens Property Insurance Corp., Series 2016 A, Ref. RB |
5.00 | % | 06/01/2026 | 150 | 169,448 | |||||||||||
|
|
|
|||||||||||||||
|
Maryland-1.88% |
||||||||||||||||
|
Maryland (State of), Second Series 2018 B, GO Bonds |
5.00 | % | 08/01/2026 | 25 | 28,917 | |||||||||||
|
Maryland (State of), Series 2015 B, Ref. GO Bonds |
4.00 | % | 08/01/2026 | 100 | 111,257 | |||||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00 | % | 08/01/2026 | 40 | 46,266 | |||||||||||
|
Maryland (State of), Series 2017 B, Ref. GO Bonds |
5.00 | % | 08/01/2026 | 65 | 75,183 | |||||||||||
|
Maryland (State of) Department of Transportation (Second Issue), Series 2018, RB |
5.00 | % | 10/01/2028 | 75 | 86,328 | |||||||||||
|
Montgomery (County of), MD, Series 2017 C, Ref. GO Bonds |
5.00 | % | 10/01/2026 | 100 | 116,194 | |||||||||||
|
Montgomery (County of), MD, Series 2018 A, GO Bonds |
5.00 | % | 11/01/2026 | 25 | 29,114 | |||||||||||
|
Washington (State of) Suburban Sanitary Commission, Series 2017, Ref. RB |
3.00 | % | 06/01/2026 | 20 | 21,320 | |||||||||||
|
|
|
|||||||||||||||
| 514,579 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Massachusetts-4.84% |
||||||||||||||||
|
Massachusetts (Commonwealth of), Series 2016 B, Ref. GO Bonds |
5.00 | % | 07/01/2034 | 60 | 68,398 | |||||||||||
|
Massachusetts (Commonwealth of), Series 2016 G, GO Bonds |
3.00 | % | 09/01/2046 | 400 | 400,483 | |||||||||||
|
Massachusetts (Commonwealth of), Series 2017 D, Ref. GO Bonds |
5.00 | % | 07/01/2026 | 25 | 28,782 | |||||||||||
|
Massachusetts (Commonwealth of), Series 2017 E, Ref. GO Bonds |
5.00 | % | 11/01/2026 | 90 | 104,545 | |||||||||||
|
Massachusetts (Commonwealth of), Series 2018 B, Ref. GO Bonds |
5.00 | % | 07/01/2026 | 20 | 23,025 | |||||||||||
|
Massachusetts (Commonwealth of), Series 2019 C, Ref. GO Bonds |
5.00 | % | 05/01/2026 | 200 | 229,204 | |||||||||||
|
Massachusetts (Commonwealth of) Transportation Trust Fund, Series 2019 A, Ref. RB |
5.00 | % | 01/01/2026 | 70 | 79,035 | |||||||||||
|
Massachusetts (State of) Development Finance Agency (Harvard University), Series 2020 A, Ref. RB |
5.00 | % | 10/15/2026 | 300 | 348,509 | |||||||||||
|
Massachusetts (State of) School Building Authority, Series 2016 B, RB |
5.00 | % | 11/15/2046 | 40 | 45,822 | |||||||||||
|
|
|
|||||||||||||||
| 1,327,803 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Michigan-2.09% |
||||||||||||||||
|
Michigan (State of) (Garvee), Series 2016, Ref. RB |
5.00 | % | 03/15/2026 | 115 | 131,181 | |||||||||||
|
Michigan (State of) Building Authority, Series 2016 I, Ref. RB |
5.00 | % | 10/15/2032 | 20 | 22,906 | |||||||||||
|
Michigan (State of) Building Authority, Series 2016 I, Ref. RB |
5.00 | % | 10/15/2033 | 40 | 45,773 | |||||||||||
|
Michigan (State of) Building Authority, Series 2016 I, Ref. RB |
5.00 | % | 04/15/2035 | 35 | 39,951 | |||||||||||
|
Michigan (State of) Finance Authority (Henry Ford Health System), Series 2016, Ref. RB |
4.00 | % | 11/15/2046 | 165 | 176,748 | |||||||||||
|
Michigan (State of) Hospital Finance Authority (Ascension Senior Credit Group), Series 2010, Ref. RB |
5.00 | % | 11/15/2047 | 45 | 51,225 | |||||||||||
|
Port Huron Area School District, Series 2016, GO Bonds, (INS - AGM)(c) |
4.00 | % | 05/01/2045 | 20 | 21,139 | |||||||||||
|
University of Michigan, Series 2017 A, Ref. RB |
5.00 | % | 04/01/2026 | 75 | 85,882 | |||||||||||
|
|
|
|||||||||||||||
| 574,805 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Minnesota-0.21% |
||||||||||||||||
|
University of Minnesota, Series 2016 A, RB |
5.00 | % | 04/01/2041 | 50 | 56,511 | |||||||||||
|
|
|
|||||||||||||||
|
Missouri-0.28% |
||||||||||||||||
|
Hazelwood School District, Series 2017 A, Ref. GO Bonds |
3.00 | % | 03/01/2029 | 35 | 36,394 | |||||||||||
|
St. Louis County Reorganized School District No. R-6, Series 2018, GO Bonds |
5.00 | % | 02/01/2026 | 35 | 39,848 | |||||||||||
|
|
|
|||||||||||||||
| 76,242 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Nebraska-1.16% |
||||||||||||||||
|
Sarpy (County of), NE Hospital Authority No. 1 (NE Medicine), Series 2016, Ref. RB |
3.00 | % | 05/15/2046 | 310 | 317,874 | |||||||||||
|
|
|
|||||||||||||||
|
Nevada-0.91% |
||||||||||||||||
|
Clark (County of), NV, Series 2016 B, Ref. GO Bonds |
5.00 | % | 11/01/2026 | 10 | 11,582 | |||||||||||
|
Clark County School District, Series 2015 C, Ref. GO Bonds |
5.00 | % | 06/15/2026 | 25 | 28,232 | |||||||||||
|
Clark County School District, Series 2017 A, Ref. GO Bonds |
5.00 | % | 06/15/2026 | 95 | 108,725 | |||||||||||
|
Las Vegas Valley Water District, Series 2016 A, Ref. GO Bonds |
5.00 | % | 06/01/2041 | 40 | 45,309 | |||||||||||
|
Nevada (State of), Series 2016, Ref. RB |
5.00 | % | 12/01/2026 | 20 | 22,946 | |||||||||||
|
Nevada (State of), Series 2016, Ref. RB |
5.00 | % | 12/01/2028 | 30 | 34,246 | |||||||||||
|
|
|
|||||||||||||||
| 251,040 | ||||||||||||||||
|
|
|
|||||||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
146 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
New Jersey-2.97% |
||||||||||||||||
|
New Jersey (State of) Economic Development Authority, Series 2017 B, Ref. RB |
5.00 | % | 11/01/2026 | $ | 200 | $ | 228,118 | |||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (Barnabas Health Obligated Group), Series 2016 A, Ref. RB |
5.00 | % | 07/01/2043 | 280 | 318,307 | |||||||||||
|
New Jersey (State of) Turnpike Authority, Series 2016 A, Ref. RB |
5.00 | % | 01/01/2034 | 240 | 268,692 | |||||||||||
|
|
|
|||||||||||||||
| 815,117 | ||||||||||||||||
|
|
|
|||||||||||||||
|
New Mexico-1.00% |
||||||||||||||||
|
New Mexico (State of) (Capital), Series 2017 A, GO Bonds |
5.00 | % | 03/01/2026 | 240 | 274,081 | |||||||||||
|
|
|
|||||||||||||||
|
New York-15.49% |
||||||||||||||||
|
Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District), Series 2015 A, Ref. RB |
5.00 | % | 05/01/2026 | 10 | 11,301 | |||||||||||
|
Erie (County of), NY Industrial Development Agency (The) (City of Buffalo School District), Series 2016 A, Ref. RB |
5.00 | % | 05/01/2030 | 20 | 23,095 | |||||||||||
|
Metropolitan Transportation Authority, Series 2006 B, RB, (INS - AGM)(c) |
5.25 | % | 11/15/2026 | 350 | 408,065 | |||||||||||
|
Metropolitan Transportation Authority, Series 2016 B, Ref. RB |
5.00 | % | 11/15/2037 | 100 | 112,008 | |||||||||||
|
Metropolitan Transportation Authority, Series 2016 C-1, RB |
4.00 | % | 11/15/2041 | 250 | 264,181 | |||||||||||
|
Metropolitan Transportation Authority, Series 2016 C-1, RB |
5.00 | % | 11/15/2056 | 125 | 139,307 | |||||||||||
|
Metropolitan Transportation Authority, Series 2016 D, Ref. RB |
5.00 | % | 11/15/2030 | 75 | 84,258 | |||||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2016 A-2, Ref. RB |
5.00 | % | 11/15/2026 | 160 | 182,776 | |||||||||||
|
New York & New Jersey (States of) Port Authority, Series 2015, Ref. RB |
5.00 | % | 05/01/2026 | 65 | 72,060 | |||||||||||
|
New York & New Jersey (States of) Port Authority, Series 2016 198, Ref. RB |
5.25 | % | 11/15/2056 | 100 | 115,050 | |||||||||||
|
New York & New Jersey (States of) Port Authority, Series 2016, Ref. RB |
5.00 | % | 11/15/2046 | 25 | 28,302 | |||||||||||
|
New York (City of), NY, Series 2016 C, Ref. GO Bonds |
5.00 | % | 08/01/2026 | 240 | 273,047 | |||||||||||
|
New York (City of), NY, Series 2016 C, Ref. GO Bonds |
5.00 | % | 08/01/2029 | 55 | 62,147 | |||||||||||
|
New York (City of), NY, Series 2016 C, Ref. GO Bonds |
5.00 | % | 08/01/2031 | 25 | 28,188 | |||||||||||
|
New York (City of), NY, Series 2016 E, Ref. GO Bonds |
5.00 | % | 08/01/2026 | 70 | 80,577 | |||||||||||
|
New York (City of), NY, Subseries 2016 A-1, GO Bonds |
4.00 | % | 08/01/2035 | 25 | 27,286 | |||||||||||
|
New York (City of), NY, Subseries 2016 CC1, Ref. RB |
5.00 | % | 06/15/2038 | 100 | 114,538 | |||||||||||
|
New York (City of), NY, Subseries 2016, Ref. RB |
5.00 | % | 06/15/2037 | 415 | 476,153 | |||||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2016 CC, Ref. RB |
4.00 | % | 06/15/2046 | 100 | 107,508 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2016 A-1, RB |
5.00 | % | 05/01/2040 | 35 | 39,384 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2016 S-1, RB |
5.00 | % | 07/15/2028 | 10 | 11,335 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2016 S-1, RB |
5.00 | % | 07/15/2030 | 15 | 16,960 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2016, RB |
4.00 | % | 05/01/2030 | 15 | 16,477 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 C, Ref. RB |
5.00 | % | 11/01/2026 | 30 | 34,833 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2016 E-1, RB |
5.00 | % | 02/01/2030 | 90 | 101,658 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2016 E-1, RB |
5.00 | % | 02/01/2037 | 35 | 39,236 | |||||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2016 E-1, RB |
5.00 | % | 02/01/2039 | 250 | 279,757 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2016 A, RB |
5.00 | % | 02/15/2033 | 40 | 45,720 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2016 D, Ref. RB |
5.00 | % | 02/15/2026 | 35 | 39,804 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, Ref. RB |
5.00 | % | 02/15/2026 | 100 | 113,725 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, Ref. RB |
5.00 | % | 07/01/2026 | 10 | 11,481 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2017 B, Ref. RB |
5.00 | % | 02/15/2026 | 50 | 56,863 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2018 1, Ref. RB |
5.00 | % | 01/15/2026 | 45 | 50,933 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2018 A, RB |
5.00 | % | 03/15/2026 | 15 | 17,104 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2018 A, RB |
5.00 | % | 10/01/2026 | 60 | 68,767 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2018 E, Ref. RB |
5.00 | % | 03/15/2026 | 35 | 39,910 | |||||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, RB |
5.00 | % | 10/01/2026 | 125 | 143,265 | |||||||||||
|
New York (State of) Dormitory Authority (Bidding Group 2), Series 2018 C, Ref. RB |
5.00 | % | 03/15/2026 | 5 | 5,701 | |||||||||||
|
New York (State of) Dormitory Authority (New York University), Series 2019 A, RB |
5.00 | % | 07/01/2026 | 20 | 23,016 | |||||||||||
|
New York (State of) Thruway Authority, Series 2016 A, RB |
5.00 | % | 01/01/2046 | 165 | 184,336 | |||||||||||
|
New York State Environmental Facilities Corp., Series 2016, Ref. RB |
5.00 | % | 06/15/2029 | 25 | 28,668 | |||||||||||
|
New York State Urban Development Corp., Series 2016 A, Ref. RB |
5.00 | % | 03/15/2028 | 25 | 28,454 | |||||||||||
|
New York State Urban Development Corp., Series 2016 A, Ref. RB |
4.00 | % | 03/15/2036 | 40 | 43,375 | |||||||||||
|
Utility Debt Securitization Authority, Series 2016 A, Ref. RB |
5.00 | % | 12/15/2032 | 25 | 28,511 | |||||||||||
|
Utility Debt Securitization Authority, Series 2016 A, Ref. RB |
5.00 | % | 12/15/2034 | 150 | 170,600 | |||||||||||
|
|
|
|||||||||||||||
| 4,249,720 | ||||||||||||||||
|
|
|
|||||||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
147 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
North Carolina-0.94% |
||||||||||||||||
|
North Carolina (State of), Series 2016 A, Ref. GO Bonds |
5.00 | % | 06/01/2026 | $ | 85 | $ | 97,863 | |||||||||
|
North Carolina (State of), Series 2018 A, GO Bonds |
5.00 | % | 06/01/2026 | 25 | 28,783 | |||||||||||
|
North Carolina (State of), Series 2019 A, RB |
5.00 | % | 05/01/2026 | 20 | 22,929 | |||||||||||
|
North Carolina (State of) Capital Facilities Finance Agency (Duke University), Series 2016 B, Ref. RB |
5.00 | % | 10/01/2026 | 15 | 17,328 | |||||||||||
|
North Carolina (State of) Capital Facilities Finance Agency (Duke University), Series 2016 B, Ref. RB |
5.00 | % | 10/01/2044 | 55 | 62,646 | |||||||||||
|
North Carolina (State of) Eastern Municipal Power Agency, Series 1993 B, Ref. RB(a) |
6.00 | % | 01/01/2026 | 25 | 29,265 | |||||||||||
|
|
|
|||||||||||||||
| 258,814 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Ohio-1.85% |
||||||||||||||||
|
Columbus (City of), OH, Series 2015, Ref. RB |
5.00 | % | 06/01/2030 | 25 | 28,572 | |||||||||||
|
Hamilton (County of), OH, Series 2016 A, Ref. RB |
5.00 | % | 12/01/2026 | 35 | 40,623 | |||||||||||
|
Hamilton (County of), OH, Series 2016 A, Ref. RB |
5.00 | % | 12/01/2029 | 30 | 34,760 | |||||||||||
|
Miami University, Series 2017, Ref. RB |
5.00 | % | 09/01/2041 | 50 | 57,166 | |||||||||||
|
Ohio (State of), Series 2016 S, GO Bonds |
5.00 | % | 05/01/2031 | 70 | 79,703 | |||||||||||
|
Ohio (State of), Series 2017 C, Ref. GO Bonds |
5.00 | % | 08/01/2026 | 5 | 5,770 | |||||||||||
|
Ohio (State of), Series 2018 A, GO Bonds |
5.00 | % | 02/01/2031 | 85 | 96,080 | |||||||||||
|
Ohio (State of), Series 2018 A, GO Bonds |
5.00 | % | 02/01/2033 | 50 | 56,436 | |||||||||||
|
Ohio (State of), Series 2018 A, GO Bonds |
5.00 | % | 06/15/2034 | 40 | 45,275 | |||||||||||
|
Ohio (State of) Water Development Authority, Series 2019 A, RB |
5.00 | % | 06/01/2026 | 40 | 45,999 | |||||||||||
|
Ohio (State of) Water Development Authority, Series 2019 A, RB |
5.00 | % | 12/01/2026 | 15 | 17,485 | |||||||||||
|
|
|
|||||||||||||||
| 507,869 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Oklahoma-0.42% |
||||||||||||||||
|
Canadian (County of), OK Educational Facilities Authority (Mustang Public Schools), Series 2017, RB |
5.00 | % | 09/01/2026 | 50 | 57,659 | |||||||||||
|
Grand River Dam Authority, Series 2016 A, Ref. RB |
5.00 | % | 06/01/2026 | 10 | 11,469 | |||||||||||
|
Grand River Dam Authority, Series 2016 A, Ref. RB |
5.00 | % | 06/01/2029 | 15 | 17,387 | |||||||||||
|
Tulsa (County of), OK Industrial Authority (Jenks Public Schools), Series 2015, RB |
5.00 | % | 09/01/2026 | 25 | 27,992 | |||||||||||
|
|
|
|||||||||||||||
| 114,507 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Oregon-0.66% |
||||||||||||||||
|
Oregon Health & Science University, Series 2016 B, Ref. RB |
5.00 | % | 07/01/2036 | 160 | 182,033 | |||||||||||
|
|
|
|||||||||||||||
|
Pennsylvania-3.28% |
||||||||||||||||
|
Lycoming (County of), PA Authority (Pennsylvania College of Technology), Series 2016 A, Ref. RB |
3.00 | % | 10/01/2037 | 100 | 101,813 | |||||||||||
|
Pennsylvania (Commonwealth of), First Series 2015, GO Bonds |
5.00 | % | 03/15/2026 | 35 | 38,816 | |||||||||||
|
Pennsylvania (Commonwealth of), First Series 2016, GO Bonds |
5.00 | % | 02/01/2029 | 300 | 337,644 | |||||||||||
|
Pennsylvania (Commonwealth of), First Series 2020, GO Bonds |
5.00 | % | 05/01/2026 | 30 | 34,310 | |||||||||||
|
Pennsylvania (Commonwealth of), Second Series 2016, GO Bonds |
5.00 | % | 09/15/2028 | 150 | 172,226 | |||||||||||
|
Pennsylvania (Commonwealth of), Second Series 2016, GO Bonds |
4.00 | % | 09/15/2030 | 65 | 71,529 | |||||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016 A, Ref. RB |
5.00 | % | 12/01/2032 | 80 | 92,614 | |||||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016 A-1, RB |
5.00 | % | 12/01/2036 | 45 | 51,131 | |||||||||||
|
|
|
|||||||||||||||
| 900,083 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Rhode Island-0.37% |
||||||||||||||||
|
Rhode Island (State of) Turnpike & Bridge Authority, Series 2016 A, Ref. RB |
5.00 | % | 10/01/2040 | 40 | 45,040 | |||||||||||
|
Rhode Island Commerce Corp. (Garvee), Series 2016 B, RB |
5.00 | % | 06/15/2026 | 50 | 57,425 | |||||||||||
|
|
|
|||||||||||||||
| 102,465 | ||||||||||||||||
|
|
|
|||||||||||||||
|
South Carolina-0.70% |
||||||||||||||||
|
South Carolina (State of) Public Service Authority, Series 2016 A, Ref. RB |
5.00 | % | 12/01/2031 | 150 | 170,938 | |||||||||||
|
South Carolina (State of) Public Service Authority, Series 2016 B, Ref. RB |
4.00 | % | 12/01/2056 | 20 | 21,177 | |||||||||||
|
|
|
|||||||||||||||
| 192,115 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Tennessee-0.90% |
||||||||||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2016, Ref. GO Bonds |
5.00 | % | 01/01/2026 | 50 | 56,733 | |||||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2016, Ref. GO Bonds(a)(b) |
5.00 | % | 07/01/2026 | 100 | 115,081 | |||||||||||
|
Tennessee (State of) School Bond Authority, Series 2017 B, Ref. RB, (CEP - Colorado Higher Education Intercept Program) |
5.00 | % | 11/01/2026 | 35 | 40,639 | |||||||||||
|
Tennessee Energy Acquisition Corp., Series 2006 A, RB |
5.25 | % | 09/01/2026 | 30 | 33,941 | |||||||||||
|
|
|
|||||||||||||||
| 246,394 | ||||||||||||||||
|
|
|
|||||||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
148 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
Texas-8.92% |
||||||||||||||||
|
Bexar (County of), TX, Series 2017, Ref. GO Bonds(a)(b) |
5.00 | % | 06/15/2026 | $ | 60 | $ | 69,106 | |||||||||
|
Bexar (County of), TX, Series 2017, Ref. GO Bonds(a)(b) |
5.00 | % | 06/15/2026 | 220 | 253,389 | |||||||||||
|
Board of Regents of The University of Texas System, Series 2016 D, RB |
5.00 | % | 08/15/2026 | 135 | 156,000 | |||||||||||
|
Board of Regents of The University of Texas System (Green Bonds), Series 2016 B, RB |
5.00 | % | 08/15/2026 | 35 | 40,444 | |||||||||||
|
Dallas (City of), TX, Series 2015 A, Ref. RB |
5.00 | % | 10/01/2026 | 160 | 180,157 | |||||||||||
|
Dallas (County of), TX Utility & Reclamation District, Series 2016, Ref. GO Bonds |
5.00 | % | 02/15/2026 | 30 | 33,760 | |||||||||||
|
Fort Bend Independent School District, Series 2017 E, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00 | % | 02/15/2026 | 5 | 5,703 | |||||||||||
|
Houston (City of), TX, Series 2017 B, Ref. RB |
5.00 | % | 11/15/2026 | 25 | 28,983 | |||||||||||
|
Houston (City of), TX, Series 2018 B, Ref. RB |
5.00 | % | 07/01/2026 | 60 | 68,424 | |||||||||||
|
Houston Independent School District, Series 2016 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00 | % | 02/15/2028 | 20 | 22,704 | |||||||||||
|
Houston Independent School District, Series 2016 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00 | % | 02/15/2029 | 70 | 79,290 | |||||||||||
|
Houston Independent School District, Series 2016 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00 | % | 02/15/2031 | 45 | 50,843 | |||||||||||
|
Houston Independent School District, Series 2017, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00 | % | 02/15/2026 | 50 | 57,028 | |||||||||||
|
Humble Independent School District, Series 2015 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
4.00 | % | 02/15/2026 | 25 | 26,898 | |||||||||||
|
New Hope Cultural Education Facilities Finance Corp. (Cardinal Bay, Inc.), Series 2016, RB(d) |
5.00 | % | 07/01/2046 | 100 | 76,000 | |||||||||||
|
New Hope Cultural Education Facilities Finance Corp. (Cardinal Bay, Inc.), Series 2016, RB(d) |
5.00 | % | 07/01/2051 | 200 | 152,000 | |||||||||||
|
North East Independent School District, Series 2007, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.25 | % | 02/01/2026 | 30 | 34,453 | |||||||||||
|
Permanent University Fund - University of Texas System, Series 2007 B, Ref. RB |
5.25 | % | 07/01/2026 | 35 | 40,645 | |||||||||||
|
San Antonio (City of), TX, Series 2016, Ref. RB |
5.00 | % | 02/01/2026 | 165 | 187,450 | |||||||||||
|
San Antonio (City of), TX Water System, Series 2016 A, Ref. RB |
5.00 | % | 05/15/2031 | 15 | 17,070 | |||||||||||
|
Texas (State of), Series 2016 A, GO Bonds |
5.00 | % | 04/01/2026 | 200 | 228,592 | |||||||||||
|
Texas (State of), Series 2016, GO Bonds |
5.00 | % | 04/01/2037 | 30 | 34,123 | |||||||||||
|
Texas (State of) Transportation Commission State Highway Fund, Series 2016 A, RB |
5.00 | % | 10/01/2026 | 35 | 40,499 | |||||||||||
|
Texas A&M University, Series 2016 C, Ref. RB |
4.00 | % | 05/15/2029 | 30 | 32,823 | |||||||||||
|
University of Houston, Series 2017 A, Ref. RB |
5.00 | % | 02/15/2030 | 75 | 84,985 | |||||||||||
|
University of Houston, Series 2017 A, Ref. RB |
5.00 | % | 02/15/2036 | 395 | 445,642 | |||||||||||
|
|
|
|||||||||||||||
| 2,447,011 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Utah-0.45% |
||||||||||||||||
|
Utah (County of), UT (IHC Health Services, Inc.), Series 2016 B, RB |
3.00 | % | 05/15/2047 | 95 | 96,889 | |||||||||||
|
Utah (State of) Transit Authority, Series 2016, Ref. RB |
3.00 | % | 12/15/2028 | 25 | 26,354 | |||||||||||
|
|
|
|||||||||||||||
| 123,243 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Virginia-2.04% |
||||||||||||||||
|
Hampton Roads Transportation Accountability Commission, Series 2021 A, RB |
5.00 | % | 07/01/2026 | 200 | 229,254 | |||||||||||
|
Richmond (City of), VA, Series 2016, Ref. RB |
5.00 | % | 01/15/2026 | 20 | 22,775 | |||||||||||
|
Virginia (Commonwealth of), Series 2015 B, Ref. GO Bonds |
5.00 | % | 06/01/2026 | 25 | 27,966 | |||||||||||
|
Virginia (State of) College Building Authority, Series 2016 A, RB |
4.00 | % | 02/01/2030 | 10 | 10,889 | |||||||||||
|
Virginia (State of) College Building Authority (21st Century College), Series 2019 C, Ref. RB |
5.00 | % | 02/01/2026 | 35 | 39,805 | |||||||||||
|
Virginia (State of) Commonwealth Transportation Board (Garvee), Series 2017, Ref. RB |
5.00 | % | 03/15/2026 | 200 | 227,888 | |||||||||||
|
|
|
|||||||||||||||
| 558,577 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Washington-2.37% |
||||||||||||||||
|
Energy Northwest (Bonneville Power Administration), Series 2016 A, Ref. RB |
5.00 | % | 07/01/2028 | 50 | 57,268 | |||||||||||
|
King County School District No. 405 Bellevue, Series 2016, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00 | % | 12/01/2029 | 15 | 17,403 | |||||||||||
|
King County School District No. 405 Bellevue, Series 2016, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00 | % | 12/01/2030 | 50 | 57,859 | |||||||||||
|
King County School District No. 411 Issaquah, Series 2016, GO Bonds, (CEP - Oregon School Bond Guaranty) |
3.00 | % | 12/01/2030 | 10 | 10,572 | |||||||||||
|
University of Washington, Series 2016 A, Ref. RB |
5.25 | % | 12/01/2046 | 200 | 232,819 | |||||||||||
|
Washington (State of), Series 2016 B, Ref. GO Bonds |
5.00 | % | 07/01/2030 | 10 | 11,279 | |||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
149 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||||||
|
Washington-(continued) |
||||||||||||||||
|
Washington (State of), Series 2016 B, Ref. GO Bonds |
5.00 | % | 08/01/2030 | $ | 40 | $ | 45,859 | |||||||||
|
Washington (State of), Series 2016 B, Ref. GO Bonds |
5.00 | % | 08/01/2032 | 10 | 11,456 | |||||||||||
|
Washington (State of), Series 2016 R, Ref. GO Bonds |
5.00 | % | 08/01/2028 | 35 | 40,240 | |||||||||||
|
Washington (State of), Series 2016 R, Ref. GO Bonds |
5.00 | % | 08/01/2030 | 25 | 28,662 | |||||||||||
|
Washington (State of), Series 2016 R, Ref. GO Bonds |
5.00 | % | 07/01/2032 | 30 | 33,669 | |||||||||||
|
Washington (State of), Series 2020 C, GO Bonds |
5.00 | % | 02/01/2026 | 90 | 102,503 | |||||||||||
|
|
|
|||||||||||||||
| 649,589 | ||||||||||||||||
|
|
|
|||||||||||||||
|
Wisconsin-2.60% |
||||||||||||||||
|
Wisconsin (State of), Series 2018 A, RB |
5.00 | % | 06/01/2026 | 200 | 229,550 | |||||||||||
|
Wisconsin (State of), Series 2019 A, Ref. RB |
5.00 | % | 05/01/2026 | 60 | 68,395 | |||||||||||
|
Wisconsin (State of) Department of Transportation, Series 2017 2, Ref. RB |
5.00 | % | 07/01/2026 | 20 | 23,007 | |||||||||||
|
Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health Credit Group), Series 2016 A, Ref. RB(a)(b) |
3.13 | % | 05/15/2026 | 25 | 26,681 | |||||||||||
|
Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health Credit Group), Series 2016 A, Ref. RB |
4.50 | % | 11/15/2039 | 100 | 110,021 | |||||||||||
|
Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health), Series 2016 A, Ref. RB |
4.00 | % | 11/15/2046 | 235 | 255,024 | |||||||||||
|
|
|
|||||||||||||||
| 712,678 | ||||||||||||||||
|
|
|
|||||||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(e)-98.47% |
27,018,232 | |||||||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.53% |
420,202 | |||||||||||||||
|
|
|
|||||||||||||||
|
NET ASSETS-100.00% |
$ | 27,438,434 | ||||||||||||||
|
|
|
|||||||||||||||
Investment Abbreviations:
| AGM |
-Assured Guaranty Municipal Corp. |
| BAM |
-Build America Mutual Assurance Co. |
| CEP |
-Credit Enhancement Provider |
| COP |
-Certificates of Participation |
| GO |
-General Obligation |
| INS |
-Insurer |
| NATL |
-National Public Finance Guarantee Corp. |
| RB |
-Revenue Bonds |
| Ref. |
-Refunding |
| Wts. |
-Warrants |
Notes to Schedule of Investments:
| (a) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (b) |
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (c) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (d) |
Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at February 28, 2022 was $228,000, which represented less than 1% of the Fund’s Net Assets. |
| (e) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
150 |
||||
|
|
| |||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
15.63 | |||||||
|
Health, Hospital, Nursing Home Revenue |
15.32 | |||||||
|
Miscellaneous Revenue |
9.98 | |||||||
|
Water Revenue |
7.92 | |||||||
|
College & University Revenue |
7.02 | |||||||
|
Lease Revenue |
6.81 | |||||||
|
General Fund |
5.30 | |||||||
|
Port, Airport & Marina Revenue |
5.02 | |||||||
|
Transit Revenue |
4.73 | |||||||
|
Sales Tax Revenue |
4.37 | |||||||
|
Electric Power Revenue |
4.30 | |||||||
|
Highway Tolls Revenue |
4.28 | |||||||
|
Income Tax Revenue |
3.18 | |||||||
|
Revenue Types Each Less Than 3% |
4.61 | |||||||
|
Other Assets Less Liabilities |
1.53 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
151 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.93% |
||||||||||||
|
Alabama-1.41% |
||||||||||||
|
Tuscaloosa (County of), AL Board of Education, Series 2017, Revenue Wts. |
4.00% | 02/01/2047 | $ | 260 | $ | 281,453 | ||||||
|
|
|
|||||||||||
|
Arizona-1.77% |
||||||||||||
|
Arizona (State of), Series 2019 A, Ref. COP(a) |
5.00% | 10/01/2027 | 100 | 118,764 | ||||||||
|
Salt River Project Agricultural Improvement & Power District, Series 2016 A, Ref. RB |
5.00% | 01/01/2027 | 200 | 233,851 | ||||||||
|
|
|
|||||||||||
| 352,615 | ||||||||||||
|
|
|
|||||||||||
|
California-18.95% |
||||||||||||
|
Bay Area Toll Authority (San Francisco Bay Area), Series 2017 F-1, RB |
4.00% | 04/01/2056 | 10 | 10,904 | ||||||||
|
Bay Area Toll Authority (San Francisco Bay Area), Series 2017, Ref. RB |
5.00% | 04/01/2027 | 25 | 29,341 | ||||||||
|
Beverly Hills Unified School District, Series 2019 A, GO Bonds |
3.00% | 08/01/2044 | 150 | 152,283 | ||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00% | 08/01/2027 | 15 | 17,259 | ||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00% | 11/01/2030 | 50 | 59,108 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2027 | 200 | 234,297 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 10/01/2027 | 100 | 118,528 | ||||||||
|
California (State of), Series 2020, GO Bonds |
3.00% | 03/01/2027 | 370 | 397,060 | ||||||||
|
California (State of), Series 2020, GO Bonds |
5.00% | 11/01/2027 | 75 | 89,064 | ||||||||
|
California (State of) Health Facilities Financing Authority (Kaiser Permanente), Subseries 2017 A-1, RB |
5.00% | 11/01/2027 | 135 | 160,558 | ||||||||
|
California (State of) Health Facilities Financing Authority (Stanford Health Care), Series 2017 A, Ref. RB |
4.00% | 11/15/2040 | 50 | 55,068 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2017 A, Ref. RB |
5.00% | 11/15/2038 | 250 | 292,518 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2017 A, Ref. RB |
5.00% | 11/15/2048 | 200 | 232,837 | ||||||||
|
East Bay Municipal Utility District Water System Revenue, Series 2017 B, Ref. RB |
5.00% | 06/01/2031 | 25 | 29,362 | ||||||||
|
Etiwanda School District (Election of 2016), Series 2017 A, GO Bonds |
5.00% | 08/01/2046 | 180 | 208,609 | ||||||||
|
Jurupa Unified School District, Series 2017 B, GO Bonds |
4.00% | 08/01/2041 | 55 | 60,379 | ||||||||
|
Los Angeles (City of), CA Department of Airports, Series 2020 B, Ref. RB |
5.00% | 05/15/2027 | 30 | 35,165 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2017 A, Ref. RB |
5.00% | 07/01/2044 | 300 | 344,414 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2020 B, Ref. RB |
4.00% | 07/01/2027 | 45 | 50,857 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2017 A, RB |
5.00% | 07/01/2042 | 200 | 233,233 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority (Green Bonds), Series 2017 A, RB |
5.00% | 07/01/2027 | 10 | 11,829 | ||||||||
|
Los Angeles Unified School District, Series 2019 A, Ref. GO Bonds |
5.00% | 07/01/2027 | 10 | 11,790 | ||||||||
|
Marin (County of), CA Healthcare District (Election of 2013), Series 2017 A, GO Bonds |
4.00% | 08/01/2047 | 45 | 49,552 | ||||||||
|
Norman Y Mineta San Jose International Airport SJC, Series 2017 B, Ref. RB |
5.00% | 03/01/2042 | 10 | 11,446 | ||||||||
|
Riverside (County of), CA Transportation Commission, Series 2017 B, Ref. RB |
5.00% | 06/01/2038 | 200 | 237,103 | ||||||||
|
San Diego (City of), CA Association of Governments (Mid Coast Corridor; Green Bonds), Series 2019, RB |
1.80% | 11/15/2027 | 250 | 252,436 | ||||||||
|
San Francisco Bay Area Rapid Transit District (Election of 2016) (Green Bonds), Series 2017 A, GO Bonds |
5.00% | 08/01/2047 | 90 | 104,337 | ||||||||
|
San Jose Unified School District (Election of 2012), Series 2018 E, GO Bonds |
4.00% | 08/01/2042 | 100 | 110,103 | ||||||||
|
Santa Monica (City of), CA Public Financing Authority (Green Bonds), Series 2017, RB |
4.00% | 07/01/2047 | 20 | 21,977 | ||||||||
|
Turlock (City of), CA Irrigation District, Series 2016, Ref. RB |
5.00% | 01/01/2046 | 130 | 149,052 | ||||||||
|
|
|
|||||||||||
| 3,770,469 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-0.82% |
||||||||||||
|
Arapahoe County School District No. 6 Littleton, Series 2019 A, GO Bonds |
5.50% | 12/01/2027 | 85 | 103,353 | ||||||||
|
Colorado (State of), Series 2020 A, COP |
5.00% | 12/15/2027 | 10 | 11,889 | ||||||||
|
Regional Transportation District (Fastracks), Series 2013 A, Ref. RB |
5.00% | 11/01/2027 | 40 | 47,573 | ||||||||
|
|
|
|||||||||||
| 162,815 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-0.98% |
||||||||||||
|
Connecticut (State of), Series 2016 A, RB |
5.00% | 09/01/2027 | 25 | 28,759 | ||||||||
|
Connecticut (State of), Series 2016 B, Ref. GO Bonds |
5.00% | 05/15/2027 | 25 | 28,549 | ||||||||
|
Connecticut (State of), Series 2020 A, RB |
5.00% | 05/01/2027 | 20 | 23,465 | ||||||||
|
University of Connecticut, Series 2017 A, RB |
5.00% | 01/15/2033 | 100 | 114,963 | ||||||||
|
|
|
|||||||||||
| 195,736 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
152 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
District of Columbia-3.51% |
||||||||||||
|
Washington Metropolitan Area Transit Authority, Series 2017 B, RB |
5.00% | 07/01/2035 | $ | 600 | $ | 697,706 | ||||||
|
|
|
|||||||||||
|
Florida-3.40% |
||||||||||||
|
Florida (State of), Series 2016 A, Ref. GO Bonds |
5.00% | 07/01/2027 | 40 | 46,032 | ||||||||
|
Florida (State of), Series 2016 A, Ref. RB |
5.00% | 07/01/2027 | 45 | 51,766 | ||||||||
|
Miami (City of) & Dade (County of), FL School Board, Series 2016 B, Ref. COP |
5.00% | 08/01/2027 | 20 | 22,902 | ||||||||
|
Miami (City of), FL Health Facilities Authority (Miami Jewish Health), Series 2017, Ref. RB |
5.13% | 07/01/2046 | 100 | 98,828 | ||||||||
|
Miami-Dade (County of), FL, Series 2017 A, RB |
3.38% | 10/01/2047 | 40 | 41,668 | ||||||||
|
Miami-Dade (County of), FL Water & Sewer System, Series 2017 B, Ref. RB |
5.00% | 10/01/2027 | 45 | 53,338 | ||||||||
|
Orange (County of), FL School Board, Series 2016 B, Ref. COP |
5.00% | 08/01/2027 | 10 | 11,566 | ||||||||
|
Tampa (City of) & Hillsborough (County of), FL Expressway Authority, Series 2017, RB |
5.00% | 07/01/2047 | 305 | 350,647 | ||||||||
|
|
|
|||||||||||
| 676,747 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-4.73% |
||||||||||||
|
Atlanta (City of), GA, Series 2018, Ref. RB |
5.00% | 11/01/2041 | 55 | 64,720 | ||||||||
|
Georgia (State of), Series 2016 E, Ref. GO Bonds |
5.00% | 12/01/2027 | 200 | 233,281 | ||||||||
|
Georgia (State of), Series 2016 F, Ref. GO Bonds |
5.00% | 01/01/2027 | 540 | 632,227 | ||||||||
|
Georgia (State of), Series 2016 F, Ref. GO Bonds |
5.00% | 07/01/2027 | 10 | 11,689 | ||||||||
|
|
|
|||||||||||
| 941,917 | ||||||||||||
|
|
|
|||||||||||
|
Hawaii-0.95% |
||||||||||||
|
Hawaii (State of), Series 2016 FB, GO Bonds |
5.00% | 04/01/2027 | 10 | 11,417 | ||||||||
|
Hawaii (State of), Series 2017 FK, GO Bonds |
5.00% | 05/01/2027 | 35 | 41,236 | ||||||||
|
Hawaii (State of), Series 2017 FN, Ref. GO Bonds |
5.00% | 10/01/2027 | 50 | 59,500 | ||||||||
|
Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2020 B, Ref. GO Bonds |
5.00% | 03/01/2027 | 65 | 76,165 | ||||||||
|
|
|
|||||||||||
| 188,318 | ||||||||||||
|
|
|
|||||||||||
|
Idaho-0.41% |
||||||||||||
|
Idaho (State of) Housing & Finance Association, Series 2017 A, Ref. RB |
5.00% | 07/15/2027 | 70 | 82,368 | ||||||||
|
|
|
|||||||||||
|
Illinois-7.12% |
||||||||||||
|
Chicago (City of), IL, Series 2017 A, Ref. GO Bonds |
6.00% | 01/01/2038 | 200 | 231,980 | ||||||||
|
Chicago O’Hare International Airport, Series 2017 C, Ref. RB |
5.00% | 01/01/2041 | 100 | 114,280 | ||||||||
|
Illinois (State of), Series 2016, Ref. GO Bonds |
5.00% | 02/01/2027 | 100 | 113,559 | ||||||||
|
Illinois (State of), Series 2017 C, GO Bonds |
5.00% | 11/01/2029 | 100 | 114,316 | ||||||||
|
Illinois (State of), Series 2017 D, GO Bonds |
5.00% | 11/01/2027 | 450 | 517,535 | ||||||||
|
Illinois (State of) Finance Authority (Clean Water Initiative), Series 2017, RB |
5.00% | 01/01/2027 | 95 | 110,548 | ||||||||
|
Illinois (State of) Finance Authority (Clean Water Initiative), Series 2017, RB |
5.00% | 07/01/2030 | 25 | 28,902 | ||||||||
|
Illinois (State of) Finance Authority (The University of Chicago), Series 2018 A, RB |
5.00% | 10/01/2048 | 25 | 28,967 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2019, Ref. RB |
5.00% | 01/01/2027 | 135 | 156,683 | ||||||||
|
|
|
|||||||||||
| 1,416,770 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-0.47% |
||||||||||||
|
Indiana (State of) Finance Authority, Series 2016 C, Ref. RB |
5.00% | 06/01/2027 | 40 | 46,566 | ||||||||
|
Indianapolis (City of), IN Department of Public Utilities, Series 2016 B, Ref. RB |
5.00% | 10/01/2027 | 40 | 46,420 | ||||||||
|
|
|
|||||||||||
| 92,986 | ||||||||||||
|
|
|
|||||||||||
|
Kansas-1.49% |
||||||||||||
|
Johnson (County of), KS Public Building Commission, Series 2018 A, RB |
4.00% | 09/01/2027 | 10 | 11,098 | ||||||||
|
University of Kansas Hospital Authority, Series 2017, Ref. RB |
5.00% | 03/01/2047 | 250 | 285,928 | ||||||||
|
|
|
|||||||||||
| 297,026 | ||||||||||||
|
|
|
|||||||||||
|
Louisiana-1.02% |
||||||||||||
|
Jefferson (Parish of), LA Sales Tax District, Series 2019 B, RB, (INS - AGM)(b) |
5.00% | 12/01/2042 | 50 | 58,885 | ||||||||
|
Louisiana (State of), Series 2016 B, Ref. GO Bonds |
5.00% | 08/01/2027 | 100 | 115,294 | ||||||||
|
Louisiana (State of) (Garvee), Series 2019 A, RB |
5.00% | 09/01/2027 | 25 | 29,475 | ||||||||
|
|
|
|||||||||||
| 203,654 | ||||||||||||
|
|
|
|||||||||||
|
Maryland-2.55% |
||||||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 03/15/2027 | 15 | 17,641 | ||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 08/01/2027 | 25 | 29,676 | ||||||||
|
Maryland (State of), Series 2017 A, GO Bonds |
5.00% | 08/01/2029 | 15 | 17,699 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
153 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Maryland-(continued) |
||||||||||||
|
Maryland (State of) (Bid Group 1), Second Series 2019 A, GO Bonds |
5.00% | 08/01/2027 | $ | 245 | $ | 290,825 | ||||||
|
Maryland (State of) Department of Transportation, Series 2017, RB |
5.00% | 09/01/2030 | 20 | 23,464 | ||||||||
|
Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health), Series 2017 A, RB |
5.00% | 05/15/2045 | 110 | 127,742 | ||||||||
|
|
|
|||||||||||
| 507,047 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-3.23% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2005, Ref. RB, (INS - NATL)(b) |
5.50% | 01/01/2027 | 50 | 58,428 | ||||||||
|
Massachusetts (Commonwealth of), Series 2017 C, Ref. GO Bonds |
5.00% | 10/01/2027 | 15 | 17,824 | ||||||||
|
Massachusetts (Commonwealth of), Series 2018 B, Ref. GO Bonds |
5.00% | 07/01/2027 | 30 | 35,438 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Caregroup), Series 2016 I, Ref. RB |
5.00% | 07/01/2027 | 465 | 530,915 | ||||||||
|
|
|
|||||||||||
| 642,605 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-0.73% |
||||||||||||
|
Michigan (State of) Finance Authority (Trinity Health Credit Group), Series 2017 A, Ref. RB |
5.00% | 12/01/2037 | 125 | 145,280 | ||||||||
|
|
|
|||||||||||
|
Minnesota-1.72% |
||||||||||||
|
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission, Series 2016 A, Ref. RB |
5.00% | 01/01/2027 | 30 | 34,592 | ||||||||
|
Minnesota (State of), Series 2017 D, Ref. GO Bonds |
5.00% | 10/01/2027 | 10 | 11,894 | ||||||||
|
Minnesota (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2027 | 250 | 296,186 | ||||||||
|
|
|
|||||||||||
| 342,672 | ||||||||||||
|
|
|
|||||||||||
|
Mississippi-0.06% |
||||||||||||
|
Mississippi (State of), Series 2017 A, Ref. GO Bonds |
5.00% | 10/01/2027 | 10 | 11,900 | ||||||||
|
|
|
|||||||||||
|
Missouri-1.53% |
||||||||||||
|
Missouri (State of) Health & Educational Facilities Authority (Mercy Health), Series 2018 A, Ref. RB |
5.00% | 06/01/2027 | 200 | 233,247 | ||||||||
|
St. Louis (City of), MO, Series 2005, RB, (INS - NATL)(b) |
5.50% | 07/01/2027 | 60 | 71,492 | ||||||||
|
|
|
|||||||||||
| 304,739 | ||||||||||||
|
|
|
|||||||||||
|
Nebraska-0.14% |
||||||||||||
|
Omaha (City of), NE Public Power District, Series 2016 A, Ref. RB |
5.00% | 02/01/2027 | 25 | 28,442 | ||||||||
|
|
|
|||||||||||
|
New Jersey-2.18% |
||||||||||||
|
New Jersey (State of) Economic Development Authority, Series 2017 A, RB |
4.00% | 11/01/2027 | 75 | 82,979 | ||||||||
|
New Jersey (State of) Economic Development Authority, Series 2017 A, RB |
5.00% | 11/01/2027 | 100 | 115,968 | ||||||||
|
New Jersey (State of) Educational Facilities Authority (Princeton University), Series 2017 B, Ref. RB |
5.00% | 07/01/2029 | 100 | 118,035 | ||||||||
|
New Jersey (State of) Educational Facilities Authority (Princeton University), Series 2017 I, Ref. RB |
5.00% | 07/01/2030 | 25 | 29,497 | ||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (AHS Hospital Corp.), Series 2016, Ref. RB |
4.00% | 07/01/2041 | 25 | 27,126 | ||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health Obligated Group), Series 2017 A, Ref. RB |
4.00% | 07/01/2036 | 20 | 21,776 | ||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (Hackensack Meridian Health), Series 2017 A, Ref. RB |
4.00% | 07/01/2047 | 35 | 38,182 | ||||||||
|
|
|
|||||||||||
| 433,563 | ||||||||||||
|
|
|
|||||||||||
|
New Mexico-0.55% |
||||||||||||
|
New Mexico (State of) Hospital Equipment Loan Council (Presbyterian Healthcare), Series 2017, Ref. RB |
4.00% | 08/01/2039 | 100 | 109,363 | ||||||||
|
|
|
|||||||||||
|
New York-16.86% |
||||||||||||
|
Albany (County of), NY, Series 2018, GO Bonds |
5.00% | 04/01/2027 | 45 | 51,318 | ||||||||
|
Hudson Yards Infrastructure Corp., Series 2017 A, Ref. RB |
5.00% | 02/15/2039 | 200 | 229,947 | ||||||||
|
Hudson Yards Infrastructure Corp., Series 2017 A, Ref. RB |
5.00% | 02/15/2042 | 450 | 516,002 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 A, RB |
5.00% | 11/15/2047 | 100 | 114,584 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 B, Ref. RB |
5.00% | 11/15/2027 | 205 | 238,543 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 B-1, RB |
5.00% | 11/15/2042 | 250 | 290,811 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 C1, Ref. RB |
5.00% | 11/15/2027 | 50 | 58,191 | ||||||||
|
New York & New Jersey (States of) Port Authority, Two Hundred Fifth Series 2017, Ref. RB |
5.25% | 11/15/2057 | 100 | 118,652 | ||||||||
|
New York & New Jersey (States of) Port Authority, Two Hundred Ninth Series 2018, Ref. RB |
5.00% | 07/15/2027 | 70 | 82,725 | ||||||||
|
New York (City of), NY, Series 2008 J9, GO Bonds |
5.00% | 08/01/2027 | 35 | 40,224 | ||||||||
|
New York (City of), NY, Series 2017 B-1, GO Bonds |
3.00% | 10/01/2034 | 45 | 47,262 | ||||||||
|
New York (City of), NY, Series 2017, Ref. RB |
5.00% | 06/15/2037 | 140 | 163,027 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
154 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York (City of), NY, Series 2018 DD, Ref. RB |
5.00% | 06/15/2032 | $ | 15 | $ | 17,752 | ||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 A, RB |
3.50% | 02/01/2038 | 45 | 47,380 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 A-2, RB |
5.00% | 08/01/2037 | 25 | 29,066 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 C, Ref. RB |
5.00% | 11/01/2027 | 35 | 41,122 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 C, Ref. RB |
5.00% | 11/01/2031 | 35 | 40,686 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2017 F-1, RB |
5.00% | 05/01/2036 | 100 | 115,763 | ||||||||
|
New York (City of), NY Trust for Cultural Resources (Museum of Modern Arts (The)), Series 2016, Ref. RB |
4.00% | 04/01/2027 | 35 | 39,052 | ||||||||
|
New York (State of) Dormitory Authority, Series 2016 A, RB |
5.00% | 03/15/2027 | 60 | 69,346 | ||||||||
|
New York (State of) Dormitory Authority, Series 2017 A, Ref. RB |
5.00% | 02/15/2032 | 140 | 161,825 | ||||||||
|
New York (State of) Dormitory Authority, Series 2018 1, Ref. RB |
5.00% | 01/15/2027 | 35 | 40,626 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, Ref. RB |
5.00% | 03/15/2027 | 195 | 228,091 | ||||||||
|
New York (State of) Dormitory Authority (Bidding Group 3), Series 2017 B, Ref. RB |
5.00% | 02/15/2041 | 150 | 174,031 | ||||||||
|
New York (State of) Dormitory Authority (Montefiore Obligated Group), Series 2018 A, Ref. RB |
5.00% | 08/01/2027 | 35 | 39,975 | ||||||||
|
New York (State of) Dormitory Authority (New School (The)), Series 2016 A, Ref. RB |
5.00% | 07/01/2046 | 100 | 113,543 | ||||||||
|
New York (State of) Dormitory Authority (New York University), Series 2019 A, RB |
5.00% | 07/01/2027 | 30 | 35,438 | ||||||||
|
New York State Urban Development Corp., Series 2016 A, Ref. RB |
5.00% | 03/15/2027 | 40 | 45,628 | ||||||||
|
New York State Urban Development Corp., Series 2017 A, Ref. RB |
5.00% | 03/15/2033 | 20 | 23,415 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2017 A, RB |
5.00% | 11/15/2027 | 10 | 11,733 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2017 A, RB |
5.00% | 11/15/2047 | 10 | 11,559 | ||||||||
|
Utility Debt Securitization Authority, Series 2017, RB |
5.00% | 12/15/2039 | 100 | 117,563 | ||||||||
|
|
|
|||||||||||
| 3,354,880 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-0.52% |
||||||||||||
|
Mecklenburg (County of), NC, Series 2017 A, GO Bonds |
4.00% | 04/01/2029 | 40 | 44,865 | ||||||||
|
North Carolina (State of), Series 2017 B, Ref. RB |
5.00% | 05/01/2027 | 20 | 23,509 | ||||||||
|
North Carolina (State of), Series 2017 B, Ref. RB |
5.00% | 05/01/2029 | 30 | 35,150 | ||||||||
|
|
|
|||||||||||
| 103,524 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-2.83% |
||||||||||||
|
Franklin (County of), OH (Trinity Health Credit Group), Series 2017 A, RB |
5.00% | 12/01/2047 | 210 | 241,607 | ||||||||
|
Franklin (County of), OH (Trinity Health Credit), Series 2017, RB |
4.00% | 12/01/2046 | 145 | 156,394 | ||||||||
|
Hamilton (County of), OH, Series 2016 A, Ref. RB |
5.00% | 12/01/2027 | 20 | 23,771 | ||||||||
|
Ohio (State of), Series 2017 B, Ref. GO Bonds |
5.00% | 09/15/2027 | 10 | 11,870 | ||||||||
|
Ohio (State of), Series 2017 U, Ref. GO Bonds |
5.00% | 05/01/2027 | 10 | 11,782 | ||||||||
|
Ohio (State of) Water Development Authority, Series 2019 A, RB |
5.00% | 12/01/2027 | 50 | 59,639 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2017 A, RB |
5.00% | 12/01/2029 | 20 | 23,512 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2017 A, RB |
5.00% | 12/01/2031 | 30 | 35,069 | ||||||||
|
|
|
|||||||||||
| 563,644 | ||||||||||||
|
|
|
|||||||||||
|
Oklahoma-0.56% |
||||||||||||
|
Tulsa (County of), OK Industrial Authority (Broken Arrow Public Schools), Series 2019 A, RB |
5.00% | 09/01/2027 | 95 | 111,949 | ||||||||
|
|
|
|||||||||||
|
Oregon-1.01% |
||||||||||||
|
Multnomah & Clackamas Counties School District No. 10JT Gresham-Barlow, Series 2017 B, GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 06/15/2029 | 70 | 82,639 | ||||||||
|
Multnomah & Clackamas Counties School District No. 10JT Gresham-Barlow, Series 2017 B, GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 06/15/2031 | 100 | 117,331 | ||||||||
|
|
|
|||||||||||
| 199,970 | ||||||||||||
|
|
|
|||||||||||
|
Pennsylvania-3.85% |
||||||||||||
|
Geisinger Authority (Geisinger Health System), Series 2017 A-1, Ref. RB |
5.00% | 02/15/2045 | 100 | 114,922 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2016, Ref. GO Bonds |
5.00% | 09/15/2027 | 40 | 46,079 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2017, Ref. GO Bonds |
5.00% | 01/01/2027 | 195 | 226,658 | ||||||||
|
Pennsylvania (Commonwealth of), Second Series 2016, GO Bonds |
5.00% | 09/15/2027 | 100 | 115,196 | ||||||||
|
Pennsylvania (Commonwealth of), Series 2019, Ref. GO Bonds |
5.00% | 07/15/2027 | 35 | 41,211 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2016 B, Ref. RB |
5.00% | 06/01/2027 | 15 | 17,024 | ||||||||
|
Philadelphia (City of), PA, Series 2017 A, RB |
5.25% | 10/01/2052 | 50 | 58,817 | ||||||||
|
Philadelphia (City of), PA Authority for Industrial Development (Children’s Hospital of Philadelphia), Series 2017, Ref. RB |
4.00% | 07/01/2035 | 50 | 55,503 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
155 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Pennsylvania-(continued) |
||||||||||||
|
Philadelphia (City of), PA Industrial Development Authority (Thomas Jefferson University), Series 2017 A, Ref. RB |
5.00% | 09/01/2047 | $ | 50 | $ | 56,879 | ||||||
|
Philadelphia Gas Works Co. (1998 General Ordinance), Series 2017, Ref. RB |
5.00% | 08/01/2042 | 30 | 34,446 | ||||||||
|
|
|
|||||||||||
| 766,735 | ||||||||||||
|
|
|
|||||||||||
|
Rhode Island-0.14% |
||||||||||||
|
Rhode Island Health and Educational Building Corp. (Brown University), Series 2017 A, Ref. RB |
4.00% | 09/01/2037 | 25 | 27,649 | ||||||||
|
|
|
|||||||||||
|
South Carolina-0.35% |
||||||||||||
|
Lexington County Health Services District, Inc. (Lexmed Obligated Group), Series 2017, Ref. RB |
4.00% | 11/01/2031 | 10 | 10,987 | ||||||||
|
South Carolina (State of) Transportation Infrastructure Bank, Series 2017 A, Ref. RB |
5.00% | 10/01/2039 | 50 | 58,809 | ||||||||
|
|
|
|||||||||||
| 69,796 | ||||||||||||
|
|
|
|||||||||||
|
South Dakota-0.16% |
||||||||||||
|
South Dakota (State of) Health & Educational Facilities Authority (Avera Health), Series 2017, Ref. RB |
4.00% | 07/01/2042 | 30 | 32,413 | ||||||||
|
|
|
|||||||||||
|
Tennessee-0.14% |
||||||||||||
|
Tennessee Energy Acquisition Corp., Series 2006 C, RB |
5.00% | 02/01/2027 | 25 | 28,341 | ||||||||
|
|
|
|||||||||||
|
Texas-7.54% |
||||||||||||
|
Bexar (County of), TX Hospital District, Series 2018, GO Bonds |
5.00% | 02/15/2048 | 75 | 85,467 | ||||||||
|
Fort Bend Independent School District, Series 2018, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 08/15/2029 | 45 | 53,181 | ||||||||
|
Fort Bend Independent School District, Series 2018, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 08/15/2030 | 40 | 47,135 | ||||||||
|
Houston (City of), TX, Series 2017 B, Ref. RB |
5.00% | 11/15/2027 | 50 | 59,337 | ||||||||
|
Metropolitan Transit Authority of Harris County, Series 2016 A, Ref. RB |
5.00% | 11/01/2027 | 175 | 203,712 | ||||||||
|
North Texas Tollway Authority, Series 2017 B, Ref. RB |
5.00% | 01/01/2048 | 30 | 34,188 | ||||||||
|
Round Rock Independent School District, Series 2019 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 08/01/2027 | 30 | 35,491 | ||||||||
|
San Antonio (City of), TX, Series 2017, RB |
5.00% | 02/01/2047 | 140 | 161,445 | ||||||||
|
San Antonio (City of), TX, Series 2017, Ref. RB |
5.00% | 02/01/2042 | 250 | 286,425 | ||||||||
|
San Antonio (City of), TX, Series 2018, Ref. RB |
5.00% | 02/01/2027 | 150 | 174,844 | ||||||||
|
Texas (State of), Series 2017, Ref. GO Bonds |
5.00% | 10/01/2032 | 65 | 76,814 | ||||||||
|
Texas (State of), Series 2017, Ref. GO Bonds |
5.00% | 10/01/2033 | 175 | 206,808 | ||||||||
|
Texas (State of) Water Development Board, Series 2016, RB |
5.00% | 04/15/2027 | 25 | 29,018 | ||||||||
|
Texas (State of) Water Development Board, Series 2017 A, RB |
4.00% | 10/15/2032 | 15 | 16,818 | ||||||||
|
Texas A&M University, Series 2017 E, Ref. RB |
5.00% | 05/15/2027 | 25 | 29,441 | ||||||||
|
|
|
|||||||||||
| 1,500,124 | ||||||||||||
|
|
|
|||||||||||
|
Virginia-1.31% |
||||||||||||
|
University of Virginia, Series 2017 A, Ref. RB |
5.00% | 04/01/2039 | 160 | 186,533 | ||||||||
|
Virginia (State of) College Building Authority, Series 2016 A, RB |
5.00% | 02/01/2027 | 50 | 56,885 | ||||||||
|
Virginia (State of) College Building Authority, Series 2019 A, RB |
5.00% | 02/01/2027 | 5 | 5,831 | ||||||||
|
Virginia (State of) Commonwealth Transportation Board (Garvee), Series 2017, Ref. RB |
5.00% | 03/15/2027 | 10 | 11,697 | ||||||||
|
|
|
|||||||||||
| 260,946 | ||||||||||||
|
|
|
|||||||||||
|
Washington-2.38% |
||||||||||||
|
Energy Northwest (No. 3), Series 2018, Ref. RB |
5.00% | 07/01/2027 | 35 | 41,305 | ||||||||
|
King County School District No. 405 Bellevue, Series 2016, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2027 | 100 | 116,416 | ||||||||
|
Puyallup School District No. 3 (Washing State School District Credit Enhancement Program), Series 2017, GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2035 | 25 | 29,170 | ||||||||
|
Washington (State of), Series 2017 A, GO Bonds |
5.00% | 08/01/2033 | 10 | 11,677 | ||||||||
|
Washington (State of), Series 2017 C, Ref. GO Bonds |
5.00% | 08/01/2027 | 20 | 23,683 | ||||||||
|
Washington (State of), Series 2017 C, Ref. GO Bonds |
5.00% | 08/01/2029 | 35 | 41,386 | ||||||||
|
Washington (State of), Series 2017 D, GO Bonds |
5.00% | 02/01/2040 | 80 | 91,858 | ||||||||
|
Washington (State of), Series 2017 F, Ref. GO Bonds |
5.00% | 08/01/2030 | 30 | 35,371 | ||||||||
|
Washington (State of), Series 2017 R, Ref. GO Bonds |
5.00% | 08/01/2027 | 10 | 11,842 | ||||||||
|
Washington (State of), Series 2017 R, Ref. GO Bonds |
5.00% | 08/01/2032 | 60 | 70,198 | ||||||||
|
|
|
|||||||||||
| 472,906 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
156 |
||||
|
|
| |||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Wisconsin-1.56% |
||||||||||||
|
Wisconsin (State of), Series 2017 2, Ref. GO Bonds |
5.00% | 11/01/2027 | $ | 20 | $ | 23,465 | ||||||
|
Wisconsin (State of), Series 2017 3, Ref. GO Bonds |
5.00% | 11/01/2032 | 10 | 11,689 | ||||||||
|
Wisconsin (State of), Series 2017, Ref. GO Bonds |
5.00% | 11/01/2027 | 235 | 275,719 | ||||||||
|
|
|
|||||||||||
| 310,873 | ||||||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(c)-98.93% |
19,689,941 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.07% |
212,176 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 19,902,117 | ||||||||||
|
|
|
|||||||||||
|
Investment Abbreviations: | ||
|
AGM |
-Assured Guaranty Municipal Corp. | |
|
CEP |
-Credit Enhancement Provider | |
|
COP |
-Certificates of Participation | |
|
GO |
-General Obligation | |
|
INS |
-Insurer | |
|
NATL |
-National Public Finance Guarantee Corp. | |
|
RB |
-Revenue Bonds | |
|
Ref. |
-Refunding | |
|
Wts. |
- Warrants | |
Notes to Schedule of Investments:
| (a) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (b) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (c) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Miscellaneous Revenue |
17.41 | |||||||
|
Health, Hospital, Nursing Home Revenue |
15.42 | |||||||
|
Ad Valorem Property Tax |
14.26 | |||||||
|
Sales Tax Revenue |
7.01 | |||||||
|
General Fund |
6.88 | |||||||
|
Water Revenue |
6.05 | |||||||
|
Electric Power Revenue |
5.96 | |||||||
|
Transit Revenue |
5.00 | |||||||
|
Income Tax Revenue |
4.56 | |||||||
|
Lease Revenue |
3.82 | |||||||
|
College & University Revenue |
3.29 | |||||||
|
Highway Tolls Revenue |
3.13 | |||||||
|
Revenue Types Each Less Than 3% |
6.14 | |||||||
|
Other Assets Less Liabilities |
1.07 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
157 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-99.00% |
||||||||||||
|
Arizona-1.33% |
||||||||||||
|
Maricopa (County of), AZ Special Health Care District, Series 2021 D, GO Bonds |
5.00% | 07/01/2028 | $ | 50 | $ | 60,023 | ||||||
|
Salt River Project Agricultural Improvement & Power District, Series 2017, Ref. RB |
5.00% | 01/01/2037 | 175 | 207,271 | ||||||||
|
|
|
|||||||||||
| 267,294 | ||||||||||||
|
|
|
|||||||||||
|
Arkansas-0.18% |
||||||||||||
|
Fort Smith (City of), AR, Series 2018, Ref. RB |
5.00% | 10/01/2034 | 30 | 36,010 | ||||||||
|
|
|
|||||||||||
|
California-13.88% |
||||||||||||
|
California (State of), Series 2017, Ref. GO Bonds |
5.00% | 08/01/2028 | 105 | 123,739 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 11/01/2037 | 200 | 240,748 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
5.00% | 11/01/2028 | 100 | 121,370 | ||||||||
|
California (State of) Statewide Communities Development Authority (Adventist Health System), Series 2018, Ref. RB |
4.00% | 03/01/2048 | 120 | 131,495 | ||||||||
|
California State University, Series 2018 A, Ref. RB |
5.00% | 11/01/2043 | 195 | 233,994 | ||||||||
|
Chaffey Community College District, Series 2019 A, GO Bonds |
3.00% | 06/01/2046 | 185 | 187,091 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2018 B, Ref. RB |
5.00% | 07/01/2043 | 200 | 238,104 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2018 D, Ref. RB |
5.00% | 07/01/2048 | 140 | 165,476 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority (Green Bonds), Series 2019 A, RB |
5.00% | 07/01/2031 | 55 | 66,382 | ||||||||
|
Los Angeles County Facilities, Inc. (Vermont Corridor County Administration Building), Series 2018 A, RB |
5.00% | 12/01/2043 | 150 | 180,453 | ||||||||
|
Orange County Sanitation District, Series 2017 A, Ref. RB |
5.00% | 02/01/2028 | 100 | 117,184 | ||||||||
|
San Francisco (City & County of), CA Public Utilities Commission (Green Bonds), Series 2018 A, RB |
4.00% | 10/01/2043 | 200 | 222,409 | ||||||||
|
San Francisco (City of), CA Public Utilities Commission (Green Bonds), Series 2017 D, Ref. RB |
5.00% | 11/01/2028 | 85 | 101,092 | ||||||||
|
San Leandro Unified School District, Series 2020 A, GO Bonds, (INS - BAM)(a) |
4.00% | 08/01/2043 | 150 | 168,149 | ||||||||
|
Santa Ana Unified School District, Series 2021 B, GO Bonds, (INS - AGM)(a) |
2.13% | 08/01/2050 | 100 | 82,396 | ||||||||
|
Santa Barbara Unified School District (Election of 2016), Series 2019 B, GO Bonds |
4.00% | 08/01/2044 | 50 | 56,037 | ||||||||
|
University of California (Limited), Series 2018 O, Ref. RB |
5.00% | 05/15/2038 | 125 | 149,154 | ||||||||
|
University of California (Limited), Series 2018 O, Ref. RB |
5.00% | 05/15/2048 | 175 | 207,250 | ||||||||
|
|
|
|||||||||||
| 2,792,523 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-2.91% |
||||||||||||
|
Arapahoe County School District No. 6 Littleton, Series 2019 A, GO Bonds |
5.50% | 12/01/2028 | 50 | 62,491 | ||||||||
|
Arapahoe County School District No. 6 Littleton, Series 2019 A, GO Bonds |
5.50% | 12/01/2043 | 30 | 36,975 | ||||||||
|
Colorado (State of) Health Facilities Authority (Adventist Health System/Sunbelt Obligated Group), Series 2018, RB |
4.00% | 11/15/2048 | 25 | 27,395 | ||||||||
|
Colorado (State of) Health Facilities Authority (SCL Health System), Series 2019 A, Ref. RB |
5.00% | 01/01/2028 | 10 | 11,840 | ||||||||
|
Jefferson County School District R-1, Series 2018, GO Bonds |
5.00% | 12/15/2033 | 75 | 91,227 | ||||||||
|
Larimer County School District No. R-1 Poudre, Series 2018, GO Bonds |
5.00% | 12/15/2034 | 25 | 30,399 | ||||||||
|
University of Colorado, Series 2017 A-2, Ref. RB(b)(c) |
4.00% | 06/01/2028 | 15 | 17,194 | ||||||||
|
University of Colorado, Series 2017 A-2, Ref. RB |
5.00% | 06/01/2031 | 40 | 47,970 | ||||||||
|
University of Colorado, Series 2017 A-2, Ref. RB |
4.00% | 06/01/2038 | 230 | 259,425 | ||||||||
|
|
|
|||||||||||
| 584,916 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-1.89% |
||||||||||||
|
Connecticut (State of), Series 2019 B, Ref. GO Bonds |
5.00% | 02/15/2028 | 100 | 119,267 | ||||||||
|
Connecticut (State of), Series 2021 A, GO Bonds |
4.00% | 01/15/2028 | 230 | 260,702 | ||||||||
|
|
|
|||||||||||
| 379,969 | ||||||||||||
|
|
|
|||||||||||
|
District of Columbia-1.49% |
||||||||||||
|
District of Columbia, Series 2018 B, Ref. GO Bonds |
5.00% | 06/01/2030 | 30 | 35,974 | ||||||||
|
District of Columbia, Series 2020 A, RB |
5.00% | 03/01/2028 | 25 | 29,973 | ||||||||
|
District of Columbia Water & Sewer Authority, Series 2018 B, RB |
5.00% | 10/01/2049 | 200 | 234,912 | ||||||||
|
|
|
|||||||||||
| 300,859 | ||||||||||||
|
|
|
|||||||||||
|
Florida-2.72% |
||||||||||||
|
Central Florida Expressway Authority, Series 2018, RB |
5.00% | 07/01/2048 | 20 | 23,405 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
158 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Florida-(continued) |
||||||||||||
|
Central Florida Expressway Authority, Series 2021, Ref. RB, (INS - AGM)(a) |
5.00% | 07/01/2028 | $ | 20 | $ | 24,130 | ||||||
|
Gainesville (City of), FL, Series 2017 A, RB |
5.00% | 10/01/2028 | 85 | 100,749 | ||||||||
|
Hillsborough (County of), FL School Board (Master Lease Program), Series 2017, Ref. COP |
5.00% | 07/01/2028 | 35 | 40,855 | ||||||||
|
JEA Water & Sewer System, Series 2017 A, Ref. RB |
5.00% | 10/01/2028 | 25 | 29,809 | ||||||||
|
Lee Memorial Health System, Series 2019 A-1, Ref. RB |
5.00% | 04/01/2028 | 15 | 17,768 | ||||||||
|
Miami-Dade (County of), FL Transit System, Series 2018, RB |
4.00% | 07/01/2045 | 175 | 193,585 | ||||||||
|
Miami-Dade (County of), FL Water & Sewer System, Series 2017 B, Ref. RB |
5.00% | 10/01/2028 | 40 | 47,553 | ||||||||
|
Sarasota (County of), FL Public Hospital District (Sarasota Memorial Hospital), Series 1998 B, Ref. RB, (INS - NATL)(a) |
5.50% | 07/01/2028 | 40 | 46,996 | ||||||||
|
South Broward Hospital District (South Broward Hospital District Obligated Group), Series 2018, RB |
4.00% | 05/01/2048 | 20 | 21,689 | ||||||||
|
|
|
|||||||||||
| 546,539 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-2.52% |
||||||||||||
|
Georgia (State of), Series 2018 A, GO Bonds |
3.25% | 07/01/2037 | 200 | 216,061 | ||||||||
|
Georgia (State of) Road & Tollway Authority (Garvee), Series 2020, RB |
5.00% | 06/01/2028 | 50 | 60,016 | ||||||||
|
Municipal Electric Authority of Georgia (Plant Vogtle Units 3&4), Series 2019, RB |
5.00% | 01/01/2056 | 200 | 232,129 | ||||||||
|
|
|
|||||||||||
| 508,206 | ||||||||||||
|
|
|
|||||||||||
|
Hawaii-0.80% |
||||||||||||
|
Hawaii (State of), Series 2018 FT, GO Bonds |
3.25% | 01/01/2035 | 10 | 10,693 | ||||||||
|
Hawaii (State of), Series 2019 FW, GO Bonds |
5.00% | 01/01/2028 | 60 | 71,814 | ||||||||
|
Honolulu (City & County of), HI, Series 2018 A, RB |
3.25% | 07/01/2047 | 75 | 78,999 | ||||||||
|
|
|
|||||||||||
| 161,506 | ||||||||||||
|
|
|
|||||||||||
|
Illinois-4.04% |
||||||||||||
|
Cook (County of), IL, Series 2021 A, Ref. GO Bonds |
5.00% | 11/15/2028 | 50 | 59,542 | ||||||||
|
Illinois (State of), Series 2017 D, GO Bonds |
5.00% | 11/01/2028 | 100 | 114,578 | ||||||||
|
Illinois (State of), Series 2018 A, GO Bonds |
4.63% | 05/01/2037 | 90 | 98,622 | ||||||||
|
Illinois (State of), Series 2018 B, Ref. GO Bonds |
5.00% | 10/01/2033 | 120 | 137,188 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2017 A, RB |
5.00% | 01/01/2039 | 250 | 290,939 | ||||||||
|
Regional Transportation Authority, Series 2017 A, Ref. RB |
5.00% | 07/01/2028 | 75 | 88,679 | ||||||||
|
Sales Tax Securitization Corp., Series 2018 A, Ref. RB |
5.00% | 01/01/2040 | 5 | 5,764 | ||||||||
|
Sales Tax Securitization Corp., Series 2018 A, Ref. RB |
5.00% | 01/01/2048 | 15 | 17,169 | ||||||||
|
|
|
|||||||||||
| 812,481 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-1.04% |
||||||||||||
|
Indiana (State of) Finance Authority (Green Bonds), Series 2018 A, RB |
5.00% | 02/01/2033 | 175 | 209,551 | ||||||||
|
|
|
|||||||||||
|
Louisiana-0.14% |
||||||||||||
|
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Bossier City), Series 2018, RB |
4.00% | 12/01/2043 | 25 | 28,021 | ||||||||
|
|
|
|||||||||||
|
Maryland-2.24% |
||||||||||||
|
Maryland (State of), Second Series 2018, GO Bonds |
5.00% | 08/01/2031 | 125 | 151,000 | ||||||||
|
Maryland (State of), Second Series 2018, GO Bonds |
4.00% | 08/01/2032 | 200 | 228,472 | ||||||||
|
Maryland (State of), Series 2020 A, GO Bonds |
5.00% | 03/15/2028 | 60 | 72,266 | ||||||||
|
|
|
|||||||||||
| 451,738 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-4.43% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2019 C, Ref. GO Bonds |
5.00% | 05/01/2028 | 55 | 66,222 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 F, GO Bonds |
5.00% | 05/01/2028 | 210 | 252,847 | ||||||||
|
Massachusetts (Commonwealth of), Series 2020 E, GO Bonds |
5.00% | 11/01/2028 | 200 | 243,445 | ||||||||
|
Massachusetts (State of) Health & Educational Facilities Authority (Institute of Technology), Series 1998 I, RB |
5.20% | 01/01/2028 | 90 | 108,611 | ||||||||
|
Massachusetts (State of) School Building Authority, Series 2018 A, RB |
4.00% | 02/15/2043 | 200 | 221,493 | ||||||||
|
|
|
|||||||||||
| 892,618 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-0.56% |
||||||||||||
|
Great Lakes Water Authority, Series 2018 A, Ref. RB |
5.00% | 07/01/2028 | 95 | 113,729 | ||||||||
|
|
|
|||||||||||
|
Minnesota-2.12% |
||||||||||||
|
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission, Series 2016 A, Ref. RB |
5.00% | 01/01/2028 | 40 | 46,148 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
159 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Minnesota-(continued) |
||||||||||||
|
Minnesota (State of), Series 2018 A, GO Bonds |
5.00% | 08/01/2028 | $ | 25 | $ | 30,301 | ||||||
|
Minnesota (State of), Series 2018 A, GO Bonds |
5.00% | 08/01/2034 | 10 | 12,045 | ||||||||
|
Minnesota (State of), Series 2018 A, GO Bonds |
5.00% | 08/01/2037 | 25 | 30,064 | ||||||||
|
Minnesota (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2028 | 100 | 121,206 | ||||||||
|
Minnesota (State of), Series 2020 A, GO Bonds |
5.00% | 08/01/2028 | 125 | 151,508 | ||||||||
|
North St. Paul-Maplewood-Oakdale Independent School District No. 622, Series 2019 A, GO Bonds |
3.00% | 02/01/2041 | 35 | 36,127 | ||||||||
|
|
|
|||||||||||
| 427,399 | ||||||||||||
|
|
|
|||||||||||
|
Mississippi-0.48% |
||||||||||||
|
West Rankin Utility Authority, Series 2018, RB(b)(c) |
5.00% | 01/01/2028 | 80 | 95,801 | ||||||||
|
|
|
|||||||||||
|
Missouri-0.14% |
||||||||||||
|
Springfield School District No. R-12, Series 2017, Ref. GO Bonds |
4.00% | 03/01/2030 | 25 | 28,464 | ||||||||
|
|
|
|||||||||||
|
Nevada-1.48% |
||||||||||||
|
Clark (County of), NV, Series 2018 B, GO Bonds |
5.00% | 12/01/2033 | 50 | 60,406 | ||||||||
|
Clark (County of), NV (Las Vegas-McCarran International Airport), Series 2019, Ref. RB |
5.00% | 07/01/2028 | 100 | 119,847 | ||||||||
|
Las Vegas (City of), NV Convention & Visitors Authority, Series 2018 B, RB |
5.00% | 07/01/2043 | 100 | 116,642 | ||||||||
|
|
|
|||||||||||
| 296,895 | ||||||||||||
|
|
|
|||||||||||
|
New Jersey-6.52% |
||||||||||||
|
New Jersey (State of), Series 2020 A, GO Bonds |
5.00% | 06/01/2028 | 195 | 231,766 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2019 BB, RB |
3.25% | 06/15/2039 | 220 | 221,471 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2019 BB, RB |
3.50% | 06/15/2046 | 150 | 151,516 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2019, RB |
5.25% | 06/15/2043 | 200 | 231,691 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2017 B, Ref. RB |
5.00% | 01/01/2033 | 100 | 117,892 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2017 E, Ref. RB |
5.00% | 01/01/2030 | 60 | 71,128 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2017 G, Ref. RB |
5.00% | 01/01/2036 | 135 | 158,814 | ||||||||
|
South Jersey Port Corp., Series 2017 A, RB |
5.00% | 01/01/2049 | 115 | 128,077 | ||||||||
|
|
|
|||||||||||
| 1,312,355 | ||||||||||||
|
|
|
|||||||||||
|
New York-19.80% |
||||||||||||
|
Metropolitan Transportation Authority, Series 2017 D, Ref. RB |
5.00% | 11/15/2032 | 200 | 229,849 | ||||||||
|
Metropolitan Transportation Authority, Series 2017 D, Ref. RB |
5.00% | 11/15/2035 | 70 | 80,433 | ||||||||
|
Metropolitan Transportation Authority, Series 2017 D, Ref. RB |
4.00% | 11/15/2046 | 145 | 153,448 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2017 C-1, Ref. RB |
4.00% | 11/15/2035 | 150 | 161,385 | ||||||||
|
New York & New Jersey (States of) Port Authority, Two Hundred Ninth Series 2018, Ref. RB |
5.00% | 07/15/2030 | 150 | 180,558 | ||||||||
|
New York & New Jersey (States of) Port Authority, Two Hundred Ninth Series 2018, Ref. RB |
5.00% | 07/15/2036 | 100 | 119,924 | ||||||||
|
New York (City of), NY, Series 2019 DD-1, RB |
4.00% | 06/15/2049 | 200 | 218,659 | ||||||||
|
New York (City of), NY, Series 2020 B-1, Ref. GO Bonds |
5.00% | 11/01/2028 | 200 | 241,896 | ||||||||
|
New York (City of), NY, Subseries 2018 F-1, GO Bonds |
5.00% | 04/01/2033 | 90 | 106,682 | ||||||||
|
New York (City of), NY, Subseries 2018 F-1, GO Bonds |
5.00% | 04/01/2043 | 100 | 116,772 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2018 C-2, RB |
5.00% | 05/01/2036 | 75 | 88,538 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2018 S-2A, Ref. RB |
5.00% | 07/15/2035 | 150 | 179,326 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2020, Ref. RB |
5.00% | 11/01/2028 | 175 | 212,150 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2018, RB |
5.00% | 08/01/2036 | 160 | 189,943 | ||||||||
|
New York (State of) Dormitory Authority, Series 2018 A, RB |
5.00% | 07/01/2039 | 120 | 143,676 | ||||||||
|
New York (State of) Dormitory Authority, Series 2018 A, RB |
5.00% | 03/15/2045 | 100 | 117,265 | ||||||||
|
New York (State of) Dormitory Authority, Series 2018 E, Ref. RB |
5.00% | 03/15/2039 | 275 | 328,113 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, Ref. RB |
5.00% | 03/15/2028 | 25 | 29,887 | ||||||||
|
New York (State of) Dormitory Authority (Bid Group 2), Series 2018 A, RB |
5.00% | 03/15/2033 | 105 | 124,331 | ||||||||
|
New York (State of) Dormitory Authority (Bid Group 3), Series 2018 A, RB |
5.00% | 03/15/2038 | 150 | 177,116 | ||||||||
|
New York (State of) Dormitory Authority (Bid Group 4), Series 2018 C, Ref. RB |
5.00% | 03/15/2038 | 250 | 295,193 | ||||||||
|
New York (State of) Dormitory Authority (Columbia University), Series 2018 B, Ref. RB |
5.00% | 10/01/2038 | 235 | 280,162 | ||||||||
|
New York State Urban Development Corp., Series 2019 A, RB |
5.00% | 03/15/2035 | 125 | 149,482 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2017 B, Ref. RB |
5.00% | 11/15/2028 | 50 | 60,592 | ||||||||
|
|
|
|||||||||||
| 3,985,380 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-1.20% |
||||||||||||
|
North Carolina (State of) (Build North Carolina Programs), Series 2020 B, RB |
5.00% | 05/01/2028 | 200 | 240,546 | ||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
160 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Ohio-2.97% |
||||||||||||
|
Columbus (City of), OH, Series 2016 3, Ref. GO Bonds |
5.00% | 02/15/2028 | $ | 15 | $ | 17,525 | ||||||
|
Columbus (City of), OH, Series 2018 A, GO Bonds |
5.00% | 04/01/2030 | 25 | 30,437 | ||||||||
|
Columbus (City of), OH, Series 2018 A, GO Bonds |
5.00% | 04/01/2034 | 25 | 30,334 | ||||||||
|
Miami Valley Career Technology Center, Series 2018, GO Bonds |
3.75% | 12/01/2047 | 35 | 38,004 | ||||||||
|
Northeast Ohio Regional Sewer District, Series 2017, Ref. RB |
3.25% | 11/15/2040 | 30 | 31,885 | ||||||||
|
Ohio (State of), Series 2016 A, Ref. GO Bonds |
5.00% | 09/01/2028 | 65 | 78,884 | ||||||||
|
Ohio (State of) (Cleveland Clinic Health System), Series 2017, Ref. RB |
5.00% | 01/01/2033 | 45 | 53,271 | ||||||||
|
Ohio (State of) (Cleveland Clinic Health System), Series 2017, Ref. RB |
4.00% | 01/01/2036 | 125 | 139,062 | ||||||||
|
Ohio (State of) Turnpike & Infrastructure Commission, Series 2018 A, RB |
5.00% | 02/15/2030 | 150 | 177,836 | ||||||||
|
|
|
|||||||||||
| 597,238 | ||||||||||||
|
|
|
|||||||||||
|
Oklahoma-0.68% |
||||||||||||
|
Oklahoma (State of) Turnpike Authority, Series 2017 D, Ref. RB |
5.00% | 01/01/2028 | 115 | 137,076 | ||||||||
|
|
|
|||||||||||
|
Oregon-0.62% |
||||||||||||
|
University of Oregon, Series 2018 A, RB |
5.00% | 04/01/2048 | 105 | 123,991 | ||||||||
|
|
|
|||||||||||
|
Pennsylvania-4.82% |
||||||||||||
|
Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB |
4.00% | 04/01/2037 | 20 | 21,993 | ||||||||
|
Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB |
4.00% | 04/01/2044 | 55 | 59,640 | ||||||||
|
Bucks (County of), PA Industrial Development Authority (St. Luke’s University Health Network), Series 2019, RB |
3.00% | 08/15/2050 | 180 | 174,891 | ||||||||
|
Montgomery (County of), PA Higher Education and Health Authority (Thomas Jefferson University), Series 2018, Ref. RB |
4.00% | 09/01/2049 | 5 | 5,403 | ||||||||
|
Pennsylvania (Commonwealth of), First Series 2020, GO Bonds |
5.00% | 05/01/2028 | 200 | 239,669 | ||||||||
|
Pennsylvania (Commonwealth of), Second Series 2016, Ref. GO Bonds |
5.00% | 01/15/2028 | 200 | 231,841 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2018 A, RB |
5.00% | 12/01/2048 | 200 | 235,727 | ||||||||
|
|
|
|||||||||||
| 969,164 | ||||||||||||
|
|
|
|||||||||||
|
South Carolina-0.51% |
||||||||||||
|
Spartanburg (City of), SC Regional Health Services District, Series 2017 A, Ref. RB |
3.63% | 04/15/2039 | 25 | 26,268 | ||||||||
|
Spartanburg (City of), SC Regional Health Services District, Series 2017 A, Ref. RB |
4.00% | 04/15/2043 | 70 | 75,874 | ||||||||
|
|
|
|||||||||||
| 102,142 | ||||||||||||
|
|
|
|||||||||||
|
Tennessee-1.36% |
||||||||||||
|
Memphis (City of), TN, Series 2020, Ref. GO Bonds |
4.00% | 05/01/2045 | 150 | 166,635 | ||||||||
|
Nashville & Davidson (Counties of), TN Metropolitan Government, Series 2017, GO Bonds |
4.00% | 07/01/2028 | 95 | 106,855 | ||||||||
|
|
|
|||||||||||
| 273,490 | ||||||||||||
|
|
|
|||||||||||
|
Texas-9.79% |
||||||||||||
|
Dallas (City of), TX, Series 2018 C, RB |
4.00% | 10/01/2043 | 150 | 170,874 | ||||||||
|
Dallas (County of), TX Utility & Reclamation District, Series 2016, Ref. GO Bonds |
5.00% | 02/15/2028 | 20 | 23,542 | ||||||||
|
Grand Parkway Transportation Corp., Series 2018 A, RB |
5.00% | 10/01/2033 | 60 | 71,059 | ||||||||
|
Harris (County of), TX Toll Road Authority (The), Series 2018 A, Ref. RB |
4.00% | 08/15/2038 | 155 | 174,226 | ||||||||
|
Houston (City of), TX, Series 2017 A, Ref. GO Bonds |
5.00% | 03/01/2028 | 110 | 128,086 | ||||||||
|
Houston (City of), TX, Series 2018 B, Ref. RB |
5.00% | 07/01/2028 | 50 | 59,526 | ||||||||
|
Hurst-Euless-Bedford Independent School District, Series 2017 A, Ref. GO Bonds |
5.00% | 08/15/2028 | 150 | 177,876 | ||||||||
|
San Antonio (City of), TX, Series 2019, Ref. GO Bonds |
5.00% | 08/01/2028 | 160 | 192,520 | ||||||||
|
Texas (State of) Water Development Board, Series 2018 A, RB |
5.00% | 10/15/2028 | 20 | 23,984 | ||||||||
|
Texas (State of) Water Development Board, Series 2018 A, RB |
5.00% | 10/15/2031 | 75 | 90,080 | ||||||||
|
Texas (State of) Water Development Board, Series 2018 A, RB |
4.00% | 04/15/2048 | 130 | 145,047 | ||||||||
|
Texas (State of) Water Development Board, Series 2018 B, RB |
5.00% | 04/15/2030 | 200 | 243,851 | ||||||||
|
Texas (State of) Water Development Board, Series 2018 B, RB |
5.00% | 04/15/2049 | 150 | 178,052 | ||||||||
|
Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021, Ref. RB |
5.00% | 12/15/2028 | 250 | 292,618 | ||||||||
|
|
|
|||||||||||
| 1,971,341 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.11% |
||||||||||||
|
Salt Lake (City of), UT (Salt Lake City International Airport), Series 2018 B, RB |
5.00% | 07/01/2048 | 20 | 23,060 | ||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
161 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Virginia-1.12% |
||||||||||||
|
Virginia (State of) Commonwealth Transportation Board (Garvee), Series 2017, Ref. RB |
5.00% | 03/15/2028 | $ | 190 | $ | 226,086 | ||||||
|
|
|
|||||||||||
|
Washington-2.93% |
||||||||||||
|
Energy Northwest (No. 1), Series 2017 A, Ref. RB |
5.00% | 07/01/2028 | 100 | 117,732 | ||||||||
|
Snohomish County School District No. 201 Snohomish, Series 2020, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2028 | 200 | 243,874 | ||||||||
|
Washington (State of), Series 2017 R, Ref. GO Bonds |
5.00% | 08/01/2028 | 45 | 53,210 | ||||||||
|
Washington (State of), Series 2018 C, GO Bonds |
5.00% | 02/01/2041 | 40 | 47,120 | ||||||||
|
Whatcom (County of), WA Bellingham School District No. 501, Series 2018, GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2036 | 105 | 127,195 | ||||||||
|
|
|
|||||||||||
| 589,131 | ||||||||||||
|
|
|
|||||||||||
|
West Virginia-1.82% |
||||||||||||
|
West Virginia (State of) (Bid Group 2), Series 2018 B, GO Bonds |
5.00% | 06/01/2037 | 125 | 150,024 | ||||||||
|
West Virginia (State of) Hospital Finance Authority (University Health System), Series 2018 A, RB |
4.00% | 06/01/2051 | 200 | 216,504 | ||||||||
|
|
|
|||||||||||
| 366,528 | ||||||||||||
|
|
|
|||||||||||
|
Wisconsin-0.36% |
||||||||||||
|
University of Wisconsin Hospitals & Clinics, Series 2018 A, Ref. RB |
5.00% | 04/01/2043 | 25 | 29,481 | ||||||||
|
Wisconsin (State of), Series 2021-2, Ref. GO Bonds |
5.00% | 05/01/2028 | 10 | 12,021 | ||||||||
|
Wisconsin (State of) Health & Educational Facilities Authority (Ascension Senior Credit Group), Series 2019, Ref. RB |
5.00% | 11/15/2028 | 25 | 30,349 | ||||||||
|
|
|
|||||||||||
| 71,851 | ||||||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(d)-99.00% |
19,923,898 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.00% |
202,108 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 20,126,006 | ||||||||||
|
|
|
|||||||||||
|
Investment Abbreviations: | ||
|
AGM |
-Assured Guaranty Municipal Corp. | |
|
BAM |
-Build America Mutual Assurance Co. | |
|
CEP |
-Credit Enhancement Provider | |
|
COP |
-Certificates of Participation | |
|
GO |
-General Obligation | |
|
INS |
-Insurer | |
|
NATL |
-National Public Finance Guarantee Corp. | |
|
RB |
-Revenue Bonds | |
|
Ref. |
-Refunding | |
Notes to Schedule of Investments:
| (a) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (b) |
Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (c) |
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (d) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
162 |
||||
|
|
| |||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
19.66 | |||||||
|
Sales Tax Revenue |
13.01 | |||||||
|
Water Revenue |
10.25 | |||||||
|
College & University Revenue |
7.81 | |||||||
|
General Fund |
7.40 | |||||||
|
Miscellaneous Revenue |
6.10 | |||||||
|
Highway Tolls Revenue |
5.61 | |||||||
|
Health, Hospital, Nursing Home Revenue |
5.42 | |||||||
|
Income Tax Revenue |
4.37 | |||||||
|
Transit Revenue |
4.21 | |||||||
|
Port, Airport & Marina Revenue |
3.37 | |||||||
|
Appropriations |
3.10 | |||||||
|
Revenue Types Each Less Than 3% |
8.69 | |||||||
|
Other Assets Less Liabilities |
1.00 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
163 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.77% |
||||||||||||
|
Alabama-0.86% |
||||||||||||
|
Madison (City of), AL Water & Wastewater Board, Series 2020, Ref. RB |
3.00% | 12/01/2050 | $ | 100 | $ | 100,260 | ||||||
|
University of Alabama (The), Series 2019 A, Ref. RB |
4.00% | 07/01/2034 | 45 | 51,147 | ||||||||
|
|
|
|||||||||||
| 151,407 | ||||||||||||
|
|
|
|||||||||||
|
Arizona-1.21% |
||||||||||||
|
Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group), Series 2016, Ref. RB |
5.00% | 01/01/2029 | 30 | 36,213 | ||||||||
|
Maricopa (County of), AZ Special Health Care District, Series 2018 C, GO Bonds |
5.00% | 07/01/2029 | 125 | 149,908 | ||||||||
|
Phoenix Civic Improvement Corp., Series 2019 A, RB |
3.00% | 07/01/2049 | 25 | 25,012 | ||||||||
|
|
|
|||||||||||
| 211,133 | ||||||||||||
|
|
|
|||||||||||
|
California-17.12% |
||||||||||||
|
California (State of), Series 2019, GO Bonds |
5.00% | 04/01/2032 | 65 | 79,171 | ||||||||
|
California (State of), Series 2019, GO Bonds |
4.00% | 10/01/2044 | 175 | 197,068 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 10/01/2029 | 75 | 92,743 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2032 | 25 | 30,450 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 10/01/2032 | 50 | 61,593 | ||||||||
|
California (State of), Series 2020, GO Bonds |
5.00% | 03/01/2029 | 130 | 158,867 | ||||||||
|
California (State of) Department of Veterans Affairs (Veteran’s Farm & Home Purchase), Series 2020 A, RB |
2.45% | 12/01/2045 | 50 | 47,618 | ||||||||
|
California (State of) Department of Water Resources, Series 2019 BA, RB |
5.00% | 12/01/2029 | 20 | 24,658 | ||||||||
|
California (State of) Department of Water Resources, Series 2019 BA, RB |
5.00% | 12/01/2032 | 10 | 12,251 | ||||||||
|
California (State of) Department of Water Resources, Series 2019 BA, RB |
5.00% | 12/01/2033 | 35 | 42,844 | ||||||||
|
California (State of) Department of Water Resources (Central Valley), Series 2018, Ref. RB |
5.00% | 12/01/2029 | 75 | 91,379 | ||||||||
|
California (State of) Health Facilities Financing Authority (Sutter Health), Series 2019, RB |
4.00% | 11/15/2045 | 100 | 111,982 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2019 C, RB |
5.00% | 11/01/2032 | 15 | 18,391 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2019 C, RB |
5.00% | 11/01/2033 | 50 | 61,251 | ||||||||
|
California State University, Series 2019 A, RB |
5.00% | 11/01/2049 | 100 | 120,961 | ||||||||
|
East Bay Municipal Utility District Water System Revenue (Green Bonds), Series 2019 A, RB |
5.00% | 06/01/2049 | 200 | 241,603 | ||||||||
|
Glendale Community College District, Series 2020 B, GO Bonds |
4.00% | 08/01/2050 | 50 | 55,756 | ||||||||
|
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2020 A, Ref. RB |
5.00% | 05/15/2036 | 100 | 122,157 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2019 A, RB |
5.00% | 07/01/2045 | 100 | 119,106 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2019 A, RB |
5.00% | 07/01/2049 | 100 | 118,486 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2019 A, RB |
5.25% | 07/01/2049 | 70 | 84,296 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2019 B, Ref. RB |
5.00% | 07/01/2032 | 20 | 24,253 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2019 D, Ref. RB |
5.00% | 07/01/2044 | 35 | 42,216 | ||||||||
|
Los Angeles (County of), CA Public Works Financing Authority, Series 2019 E-1, RB |
5.00% | 12/01/2049 | 75 | 91,419 | ||||||||
|
Los Angeles Unified School District, Series 2019 A, Ref. GO Bonds |
5.00% | 07/01/2029 | 60 | 73,871 | ||||||||
|
Los Angeles Unified School District, Series 2019 A, Ref. GO Bonds |
5.00% | 07/01/2032 | 50 | 61,325 | ||||||||
|
Metropolitan Water District of Southern California, Series 2019 A, Ref. RB |
5.00% | 07/01/2029 | 65 | 80,280 | ||||||||
|
Metropolitan Water District of Southern California, Series 2019 A, Ref. RB |
5.00% | 07/01/2037 | 40 | 48,428 | ||||||||
|
Metropolitan Water District of Southern California, Series 2020 A, RB |
5.00% | 10/01/2045 | 160 | 194,311 | ||||||||
|
Mount San Antonio Community College District (Election of 2018), Series 2019 A, GO Bonds |
4.00% | 08/01/2049 | 125 | 140,566 | ||||||||
|
Orange (County of), CA Local Transportation Authority, Series 2019, RB |
5.00% | 02/15/2039 | 50 | 60,743 | ||||||||
|
Perris Union High School District, Series 2019 A, GO Bonds, (INS - AGM)(a) |
4.00% | 09/01/2043 | 50 | 56,701 | ||||||||
|
Rancho Santiago Community College District, Series 2005, GO Bonds, (INS - AGM)(a) |
5.13% | 09/01/2029 | 35 | 43,853 | ||||||||
|
Riverside (City of), CA, Series 2019 A, Ref. RB |
5.00% | 10/01/2036 | 55 | 66,974 | ||||||||
|
San Diego Unified School District (Election of 2012), Series 2019 L, GO Bonds |
4.00% | 07/01/2049 | 35 | 39,313 | ||||||||
|
San Jose (City of), CA, Series 2019 C, Ref. GO Bonds |
5.00% | 09/01/2029 | 25 | 30,755 | ||||||||
|
San Jose (City of), CA, Series 2019 C, Ref. GO Bonds |
5.00% | 09/01/2030 | 20 | 24,593 | ||||||||
|
San Mateo & Foster (Cities of), CA Public Financing Authority (Clean Water Program), Series 2019, RB |
4.00% | 08/01/2044 | 25 | 28,290 | ||||||||
|
|
|
|||||||||||
| 3,000,522 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
164 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Colorado-1.58% |
||||||||||||
|
Adams & Arapahoe Joint School District No. 28J Aurora, Series 2021 A, GO Bonds |
5.00% | 12/01/2029 | $ | 25 | $ | 31,077 | ||||||
|
Colorado (State of), Series 2018 A, COP |
5.00% | 12/15/2029 | 30 | 36,431 | ||||||||
|
Colorado (State of) Health Facilities Authority (Adventhealth Obligated Group), Series 2019, Ref. RB |
4.00% | 11/15/2038 | 30 | 33,685 | ||||||||
|
Colorado (State of) Health Facilities Authority (Adventhealth Obligated Group), Series 2019, Ref. RB |
4.00% | 11/15/2043 | 5 | 5,559 | ||||||||
|
Colorado (State of) Health Facilities Authority (Commonspirit Health), Series 2019 A, Ref. RB |
3.25% | 08/01/2049 | 100 | 95,919 | ||||||||
|
Colorado Springs (City of), CO, Series 2019 A, Ref. RB |
5.00% | 11/15/2029 | 15 | 18,629 | ||||||||
|
Denver (City & County of), CO, Series 2020 B, Ref. GO Bonds |
5.00% | 08/01/2029 | 20 | 24,839 | ||||||||
|
Pueblo City Schools, Series 2020, GO Bonds |
5.00% | 12/15/2039 | 25 | 30,748 | ||||||||
|
|
|
|||||||||||
| 276,887 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-1.13% |
||||||||||||
|
Connecticut (State of), Series 2018 E, GO Bonds |
5.00% | 09/15/2029 | 35 | 42,158 | ||||||||
|
Connecticut (State of), Series 2019 A, GO Bonds |
5.00% | 04/15/2039 | 125 | 150,234 | ||||||||
|
Connecticut (State of), Series 2019 B, Ref. GO Bonds |
5.00% | 02/15/2029 | 5 | 6,075 | ||||||||
|
|
|
|||||||||||
| 198,467 | ||||||||||||
|
|
|
|||||||||||
|
Delaware-0.95% |
||||||||||||
|
Delaware (State of), Series 2020 A, GO Bonds |
5.00% | 01/01/2029 | 10 | 12,273 | ||||||||
|
Delaware (State of) River & Bay Authority, Series 2019, Ref. RB |
4.00% | 01/01/2044 | 50 | 55,895 | ||||||||
|
Delaware (State of) Transportation Authority, Series 2020, Ref. RB |
5.00% | 07/01/2029 | 80 | 99,056 | ||||||||
|
|
|
|||||||||||
| 167,224 | ||||||||||||
|
|
|
|||||||||||
|
District of Columbia-3.98% |
||||||||||||
|
District of Columbia, Series 2019 A, GO Bonds |
5.00% | 10/15/2031 | 100 | 121,935 | ||||||||
|
District of Columbia, Series 2019 A, RB |
5.00% | 03/01/2029 | 30 | 36,684 | ||||||||
|
District of Columbia, Series 2019 C, Ref. RB |
3.00% | 10/01/2029 | 30 | 32,707 | ||||||||
|
District of Columbia, Series 2019 C, Ref. RB |
5.00% | 10/01/2034 | 50 | 61,441 | ||||||||
|
District of Columbia, Series 2020 A, RB |
5.00% | 03/01/2029 | 90 | 110,051 | ||||||||
|
Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement), Series 2019 B, Ref. RB |
4.00% | 10/01/2049 | 150 | 162,192 | ||||||||
|
Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement), Series 2019 B, Ref. RB, (INS - AGM)(a) |
3.00% | 10/01/2050 | 175 | 172,292 | ||||||||
|
|
|
|||||||||||
| 697,302 | ||||||||||||
|
|
|
|||||||||||
|
Florida-4.40% |
||||||||||||
|
Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics), Series 2019, RB |
3.00% | 12/01/2046 | 5 | 4,812 | ||||||||
|
Broward (County of), FL, Series 2019 A, RB |
5.00% | 10/01/2040 | 100 | 121,852 | ||||||||
|
Central Florida Expressway Authority, Series 2019 A, RB |
5.00% | 07/01/2044 | 10 | 11,972 | ||||||||
|
Central Florida Expressway Authority, Series 2019 B, RB |
5.00% | 07/01/2038 | 70 | 84,126 | ||||||||
|
Florida (State of) Department of Transportation, Series 2019 B, RB |
3.00% | 07/01/2049 | 15 | 15,305 | ||||||||
|
Florida (State of) Higher Educational Facilities Financial Authority (St. Leo Univeristy), Series 2019, Ref. RB |
5.00% | 03/01/2039 | 100 | 111,875 | ||||||||
|
Gainesville (City of), FL, Series 2019 A, RB |
5.00% | 10/01/2047 | 100 | 119,542 | ||||||||
|
Orange (County of), FL Convention Center, Series 2017, Ref. RB |
5.00% | 10/01/2029 | 100 | 121,907 | ||||||||
|
Palm Beach County School District, Series 2018 C, Ref. COP |
5.00% | 08/01/2029 | 150 | 179,405 | ||||||||
|
|
|
|||||||||||
| 770,796 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-3.18% |
||||||||||||
|
Brookhaven (City of), GA Development Authority (Children’s Healthcare of Atlanta), Series 2019 A, RB |
3.00% | 07/01/2046 | 50 | 50,654 | ||||||||
|
Fulton (County of), GA Development Authority (Georgia Institute of Technology), Series 2019, RB |
4.00% | 06/15/2049 | 100 | 110,972 | ||||||||
|
Georgia (State of), Series 2018 A, GO Bonds |
5.00% | 07/01/2029 | 100 | 121,062 | ||||||||
|
Gwinnett County School District, Series 2019, GO Bonds |
5.00% | 02/01/2041 | 45 | 54,282 | ||||||||
|
Savannah (City of), GA Hospital Authority (St. Josephs Candler Health System), Series 2019 A, Ref. RB |
4.00% | 07/01/2043 | 200 | 220,940 | ||||||||
|
|
|
|||||||||||
| 557,910 | ||||||||||||
|
|
|
|||||||||||
|
Hawaii-0.76% |
||||||||||||
|
Hawaii (State of), Series 2019 FW, GO Bonds |
5.00% | 01/01/2029 | 25 | 30,592 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
165 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Hawaii-(continued) |
||||||||||||
|
Hawaii (State of), Series 2019 FW, GO Bonds |
5.00% | 01/01/2034 | $ | 60 | $ | 72,628 | ||||||
|
Honolulu (City & County of), HI, Series 2019 A, RB |
5.00% | 07/01/2044 | 25 | 30,192 | ||||||||
|
|
|
|||||||||||
| 133,412 | ||||||||||||
|
|
|
|||||||||||
|
Illinois-5.31% |
||||||||||||
|
Chicago (City of), IL, Series 2019 A, GO Bonds |
5.50% | 01/01/2035 | 100 | 117,512 | ||||||||
|
Illinois (State of) (Rebuild Illinois Program), Series 2019 B, GO Bonds |
4.00% | 11/01/2035 | 100 | 107,542 | ||||||||
|
Illinois (State of) (Rebuild Illinois Program), Series 2019 B, GO Bonds |
4.00% | 11/01/2037 | 75 | 80,444 | ||||||||
|
Illinois (State of) Finance Authority (Green Bonds), Series 2019, RB |
5.00% | 07/01/2037 | 170 | 206,321 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2019 A, RB |
5.00% | 01/01/2044 | 300 | 358,689 | ||||||||
|
Illinois (State of) Toll Highway Authority, Series 2019, Ref. RB |
5.00% | 01/01/2029 | 50 | 60,570 | ||||||||
|
|
|
|||||||||||
| 931,078 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-1.33% |
||||||||||||
|
Indiana (State of) Finance Authority, Series 2016 C, Ref. RB |
5.00% | 06/01/2029 | 50 | 61,648 | ||||||||
|
Indiana (State of) Finance Authority (Green Bonds), Series 2019 A, RB |
5.00% | 02/01/2039 | 45 | 54,552 | ||||||||
|
Indianapolis Local Public Improvement Bond Bank (Courthouse and Jail), Series 2019 A, RB |
5.00% | 02/01/2054 | 100 | 117,294 | ||||||||
|
|
|
|||||||||||
| 233,494 | ||||||||||||
|
|
|
|||||||||||
|
Iowa-0.25% |
||||||||||||
|
Iowa (State of), Series 2019 A, Ref. RB |
5.00% | 06/01/2029 | 35 | 43,045 | ||||||||
|
|
|
|||||||||||
|
Kansas-0.67% |
||||||||||||
|
University of Kansas Hospital Authority, Series 2019 A, RB |
5.00% | 09/01/2048 | 100 | 117,983 | ||||||||
|
|
|
|||||||||||
|
Louisiana-1.64% |
||||||||||||
|
East Baton Rouge Sewerage Commission, Series 2019 A, Ref. RB |
4.00% | 02/01/2045 | 100 | 110,379 | ||||||||
|
Louisiana (State of), Series 2019 A, GO Bonds |
5.00% | 03/01/2036 | 110 | 133,519 | ||||||||
|
Louisiana (State of) (Garvee), Series 2019 A, RB |
5.00% | 09/01/2029 | 35 | 42,581 | ||||||||
|
|
|
|||||||||||
| 286,479 | ||||||||||||
|
|
|
|||||||||||
|
Maryland-2.49% |
||||||||||||
|
Baltimore (City of), MD (Wastewater), Series 2019 A, RB |
4.00% | 07/01/2044 | 100 | 112,586 | ||||||||
|
Baltimore (City of), MD (Wastewater), Series 2019 A, RB |
5.00% | 07/01/2049 | 10 | 11,966 | ||||||||
|
Maryland (State of), First Series 2019, GO Bonds |
5.00% | 03/15/2031 | 80 | 97,940 | ||||||||
|
Maryland (State of), First Series 2019, Ref. GO Bonds |
5.00% | 03/15/2032 | 10 | 12,220 | ||||||||
|
Maryland (State of), Series 2018 A, GO Bonds |
5.00% | 03/15/2029 | 15 | 17,988 | ||||||||
|
Maryland (State of), Series 2020 A, GO Bonds |
5.00% | 03/15/2029 | 30 | 36,915 | ||||||||
|
Montgomery (County of), MD, Series 2018 A, GO Bonds |
5.00% | 11/01/2029 | 100 | 121,620 | ||||||||
|
Prince George’s (County of), MD, Series 2020 B, Ref. GO Bonds |
5.00% | 09/15/2029 | 20 | 24,870 | ||||||||
|
|
|
|||||||||||
| 436,105 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-3.16% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2018 B, GO Bonds |
5.00% | 01/01/2029 | 40 | 47,621 | ||||||||
|
Massachusetts (Commonwealth of), Series 2018 B, Ref. GO Bonds |
5.00% | 07/01/2029 | 45 | 55,474 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 A, GO Bonds |
5.00% | 01/01/2031 | 70 | 84,759 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 A, GO Bonds |
5.00% | 01/01/2036 | 60 | 72,291 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 C, Ref. GO Bonds |
5.00% | 05/01/2029 | 15 | 18,428 | ||||||||
|
Massachusetts (Commonwealth of), Series 2019 G, GO Bonds |
5.00% | 09/01/2029 | 10 | 12,369 | ||||||||
|
Massachusetts (Commonwealth of), Series 2020 A, GO Bonds |
5.00% | 03/01/2029 | 15 | 18,364 | ||||||||
|
Massachusetts (Commonwealth of), Series 2020, GO Bonds |
5.00% | 07/01/2029 | 10 | 12,327 | ||||||||
|
Massachusetts (Commonwealth of) (Rail Enhancement & Accelerated Bridge Program), Series 2019 A, RB |
5.00% | 06/01/2049 | 30 | 35,593 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Atrius Health), Series 2019 A, Ref. RB |
4.00% | 06/01/2049 | 100 | 110,287 | ||||||||
|
Massachusetts (State of) Port Authority, Series 2019 B, RB |
5.00% | 07/01/2044 | 25 | 30,250 | ||||||||
|
Massachusetts (State of) Water Resources Authority, Series 2007 B, Ref. RB, (INS - AGM)(a) |
5.25% | 08/01/2029 | 25 | 31,385 | ||||||||
|
University of Massachusetts Building Authority, Series 2020 1, RB |
5.00% | 11/01/2034 | 20 | 24,686 | ||||||||
|
|
|
|||||||||||
| 553,834 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-2.53% |
||||||||||||
|
Detroit City School District, Series 2005 A, Ref. GO Bonds, (INS - AGM)(a) |
5.25% | 05/01/2029 | 55 | 68,454 | ||||||||
|
Great Lakes Water Authority, Series 2018 B, Ref. RB |
5.00% | 07/01/2029 | 50 | 61,250 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
166 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Michigan-(continued) |
||||||||||||
|
Lansing (City of), MI Board of Water & Light, Series 2019 A, RB |
5.00% | 07/01/2048 | $ | 80 | $ | 95,373 | ||||||
|
Michigan (State of) Building Authority (Facilities Program), Series 2019, Ref. RB |
5.00% | 04/15/2036 | 100 | 122,821 | ||||||||
|
Michigan State University, Series 2019 C, Ref. RB |
4.00% | 02/15/2044 | 85 | 95,615 | ||||||||
|
|
|
|||||||||||
| 443,513 | ||||||||||||
|
|
|
|||||||||||
|
Minnesota-0.70% |
||||||||||||
|
Minnesota (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2033 | 65 | 79,956 | ||||||||
|
Minnesota (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2039 | 35 | 42,770 | ||||||||
|
|
|
|||||||||||
| 122,726 | ||||||||||||
|
|
|
|||||||||||
|
Mississippi-0.16% |
||||||||||||
|
Mississippi (State of), Series 2019 B, GO Bonds |
4.00% | 10/01/2037 | 25 | 28,562 | ||||||||
|
|
|
|||||||||||
|
Missouri-0.33% |
||||||||||||
|
Springfield School District No. R-12, Series 2017, Ref. GO Bonds |
4.00% | 03/01/2029 | 50 | 57,023 | ||||||||
|
|
|
|||||||||||
|
Nebraska-0.17% |
||||||||||||
|
Omaha (City of), NE Public Power District, Series 2018 A, RB |
5.00% | 02/01/2029 | 15 | 17,910 | ||||||||
|
Omaha (City of), NE Public Power District, Series 2019 A, RB |
5.00% | 02/01/2033 | 10 | 12,145 | ||||||||
|
|
|
|||||||||||
| 30,055 | ||||||||||||
|
|
|
|||||||||||
|
Nevada-0.31% |
||||||||||||
|
Clark (County of), NV Department of Aviation, Series 2019 B, Ref. RB |
5.00% | 07/01/2031 | 25 | 30,385 | ||||||||
|
Clark (County of), NV Department of Aviation, Series 2019 B, Ref. RB |
5.00% | 07/01/2032 | 20 | 24,223 | ||||||||
|
|
|
|||||||||||
| 54,608 | ||||||||||||
|
|
|
|||||||||||
|
New Jersey-2.01% |
||||||||||||
|
New Jersey (State of), Series 2020 A, GO Bonds |
5.00% | 06/01/2029 | 125 | 151,261 | ||||||||
|
New Jersey (State of) Health Care Facilities Financing Authority (Valley Health System Obligated Group), Series 2019, RB |
3.00% | 07/01/2049 | 25 | 24,351 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2018 A, Ref. RB |
5.00% | 12/15/2029 | 150 | 175,702 | ||||||||
|
|
|
|||||||||||
| 351,314 | ||||||||||||
|
|
|
|||||||||||
|
New Mexico-0.28% |
||||||||||||
|
New Mexico (State of) Severance Tax Permanent Fund, Series 2021 A, RB |
5.00% | 07/01/2029 | 40 | 49,279 | ||||||||
|
|
|
|||||||||||
|
New York-14.90% |
||||||||||||
|
Battery Park (City of), NY Authority, Series 2019 B, Ref. RB |
5.00% | 11/01/2038 | 100 | 123,507 | ||||||||
|
Metropolitan Transportation Authority (Green Bonds), Series 2019 C, RB, (INS - BAM)(a) |
5.00% | 11/15/2044 | 100 | 117,874 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2019 217, RB |
4.00% | 11/01/2039 | 20 | 22,288 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2019, Ref. RB |
4.00% | 09/01/2039 | 35 | 38,925 | ||||||||
|
New York (City of), NY, Series 2019 E, Ref. GO Bonds |
5.00% | 08/01/2029 | 30 | 36,421 | ||||||||
|
New York (City of), NY, Series 2019, Ref. RB |
5.00% | 06/15/2040 | 35 | 42,445 | ||||||||
|
New York (City of), NY, Series 2020 B-1, GO Bonds |
5.00% | 10/01/2036 | 30 | 36,370 | ||||||||
|
New York (City of), NY, Series 2020 B-1, GO Bonds |
3.00% | 10/01/2044 | 50 | 51,002 | ||||||||
|
New York (City of), NY, Subseries 2019 A-1, GO Bonds |
5.00% | 08/01/2039 | 100 | 120,047 | ||||||||
|
New York (City of), NY, Subseries 2019 FF-2, Ref. RB |
5.00% | 06/15/2038 | 50 | 60,259 | ||||||||
|
New York (City of), NY, Subseries 2019, Ref. RB |
5.00% | 06/15/2040 | 95 | 114,004 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2019 A-3, RB |
4.00% | 05/01/2041 | 40 | 44,405 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2019 A-3, RB |
4.00% | 05/01/2042 | 95 | 105,279 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2019 B-1, RB |
4.00% | 11/01/2045 | 95 | 105,344 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2019 C-1, RB |
5.00% | 11/01/2035 | 15 | 18,171 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2019, RB |
4.00% | 11/01/2040 | 30 | 33,346 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2019 A-2, RB |
5.00% | 05/01/2037 | 285 | 344,172 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, Ref. RB |
5.00% | 03/15/2035 | 100 | 121,581 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, Ref. RB |
5.00% | 03/15/2037 | 35 | 42,480 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019 A, Ref. RB |
5.00% | 03/15/2038 | 100 | 121,106 | ||||||||
|
New York (State of) Dormitory Authority, Series 2019, RB |
5.00% | 07/01/2039 | 325 | 392,170 | ||||||||
|
New York (State of) Dormitory Authority, Series 2021 A, Ref. RB |
5.00% | 03/15/2029 | 50 | 60,966 | ||||||||
|
New York (State of) Dormitory Authority (New York University), Series 2019 A, RB |
5.00% | 07/01/2029 | 25 | 30,838 | ||||||||
|
New York State Environmental Facilities Corp., Series 2019 B, Ref. RB |
5.00% | 06/15/2044 | 35 | 42,202 | ||||||||
|
New York State Urban Development Corp., Series 2019 A, Ref. RB |
5.00% | 03/15/2040 | 110 | 132,706 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
167 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York State Urban Development Corp., Series 2020 E, Ref. RB |
5.00% | 03/15/2029 | $ | 40 | $ | 48,773 | ||||||
|
Onondaga (County of), NY Trust for Cultural Resources (Syracuse University), Series 2019, Ref. RB |
4.00% | 12/01/2049 | 50 | 55,206 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2018 B, Ref. RB |
5.00% | 11/15/2029 | 25 | 30,947 | ||||||||
|
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2019 A, RB |
5.00% | 11/15/2049 | 100 | 118,904 | ||||||||
|
|
|
|||||||||||
| 2,611,738 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-2.11% |
||||||||||||
|
North Carolina (State of), Series 2019 A, RB |
5.00% | 05/01/2029 | 50 | 61,312 | ||||||||
|
North Carolina (State of), Series 2019 A, RB |
5.00% | 05/01/2032 | 15 | 18,328 | ||||||||
|
North Carolina (State of), Series 2019 A, RB |
4.00% | 05/01/2034 | 100 | 113,675 | ||||||||
|
North Carolina (State of) Turnpike Authority, Series 2018, Ref. RB, (INS - AGM)(a) |
4.00% | 01/01/2041 | 160 | 176,437 | ||||||||
|
|
|
|||||||||||
| 369,752 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-3.14% |
||||||||||||
|
Columbus (City of), OH, Series 2018 A, GO Bonds |
5.00% | 04/01/2029 | 50 | 60,911 | ||||||||
|
Ohio (State of), Series 2019 A, GO Bonds |
5.00% | 06/15/2031 | 20 | 24,623 | ||||||||
|
Ohio (State of), Series 2019 A, GO Bonds |
5.00% | 06/15/2037 | 55 | 66,809 | ||||||||
|
Ohio (State of), Series 2019 A, GO Bonds |
5.00% | 06/15/2038 | 150 | 181,910 | ||||||||
|
Ohio (State of), Series 2019, RB |
5.00% | 12/15/2029 | 50 | 62,159 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2019 B, RB |
5.00% | 12/01/2037 | 85 | 105,157 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2019 B, RB |
5.00% | 12/01/2044 | 40 | 48,907 | ||||||||
|
|
|
|||||||||||
| 550,476 | ||||||||||||
|
|
|
|||||||||||
|
Oregon-1.23% |
||||||||||||
|
Multnomah (County of), OR, Series 2021 A, GO Bonds |
5.00% | 06/15/2029 | 15 | 18,474 | ||||||||
|
Oregon (State of) (Article XI-Q State), Series 2019 A, GO Bonds |
5.00% | 05/01/2033 | 60 | 73,246 | ||||||||
|
Portland (City of), OR, Series 2019 A, Ref. RB |
5.00% | 03/01/2034 | 100 | 123,353 | ||||||||
|
|
|
|||||||||||
| 215,073 | ||||||||||||
|
|
|
|||||||||||
|
Pennsylvania-5.34% |
||||||||||||
|
Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center), Series 2019 A, Ref. RB |
4.00% | 07/15/2038 | 100 | 111,436 | ||||||||
|
Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center), Series 2019 A, Ref. RB |
4.00% | 07/15/2039 | 85 | 94,443 | ||||||||
|
Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center), Series 2019, Ref. RB |
4.00% | 07/15/2036 | 100 | 111,984 | ||||||||
|
Pennsylvania (Commonwealth of), Series 2019, Ref. GO Bonds |
5.00% | 07/15/2029 | 90 | 110,484 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019, Ref. RB |
5.00% | 12/01/2029 | 35 | 42,320 | ||||||||
|
Philadelphia (City of), PA, Series 2019 B, GO Bonds |
5.00% | 02/01/2031 | 35 | 42,904 | ||||||||
|
Philadelphia (City of), PA, Series 2019 B, GO Bonds |
5.00% | 02/01/2037 | 100 | 120,900 | ||||||||
|
Philadelphia (City of), PA, Series 2019 B, RB |
5.00% | 11/01/2044 | 110 | 132,249 | ||||||||
|
Wilkes-Barre Area School District, Series 2019, GO Bonds, (INS - BAM)(a) |
5.00% | 04/15/2059 | 145 | 169,828 | ||||||||
|
|
|
|||||||||||
| 936,548 | ||||||||||||
|
|
|
|||||||||||
|
Rhode Island-0.70% |
||||||||||||
|
Rhode Island Health & Educational Building Corp. (Brown University), Series 2019 A, Ref. RB |
5.00% | 09/01/2029 | 100 | 123,217 | ||||||||
|
|
|
|||||||||||
|
Texas-9.95% |
||||||||||||
|
Board of Regents of the University of Texas System, Series 2019 A, Ref. RB |
5.00% | 08/15/2033 | 100 | 123,751 | ||||||||
|
Collin County Community College District, Series 2020 A, GO Bonds |
5.00% | 08/15/2031 | 100 | 124,206 | ||||||||
|
Cypress-Fairbanks Independent School District, Series 2019, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 02/15/2032 | 60 | 72,825 | ||||||||
|
Dallas (City of), TX Independent School District, Series 2019 B, GO Bonds, (CEP - Texas Permanent School Fund) |
4.00% | 02/15/2031 | 25 | 28,805 | ||||||||
|
Dallas (County of), TX Hospital District, Series 2019, Ref. GO Bonds |
5.00% | 08/15/2029 | 75 | 90,896 | ||||||||
|
Frisco Independent School District, Series 2019, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 08/15/2036 | 75 | 91,888 | ||||||||
|
Houston (City of), TX, Series 2018 D, Ref. RB |
5.00% | 07/01/2029 | 35 | 41,673 | ||||||||
|
Lower Colorado River Authority (LCRA Transmission Services Corp.), Series 2019, Ref. RB |
5.00% | 05/15/2032 | 20 | 24,127 | ||||||||
|
North Texas Tollway Authority, Series 2019 A, Ref. RB |
5.00% | 01/01/2038 | 125 | 150,033 | ||||||||
|
North Texas Tollway Authority, Series 2019 A, Ref. RB |
4.00% | 01/01/2039 | 75 | 84,229 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
168 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Texas-(continued) |
||||||||||||
|
Round Rock Independent School District, Series 2019 A, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
4.00% | 08/01/2032 | $ | 50 | $ | 57,897 | ||||||
|
Tarrant County Cultural Education Facilities Finance Corp. (Christus Health), Series 2018 B, RB |
5.00% | 07/01/2032 | 25 | 29,924 | ||||||||
|
Tarrant County Cultural Education Facilities Finance Corp. (Cook Children’s Medical Center), Series 2020, Ref. RB |
3.00% | 12/01/2050 | 125 | 126,277 | ||||||||
|
Texas (State of) Water Development Board, Series 2019 A, RB |
4.00% | 10/15/2049 | 100 | 112,995 | ||||||||
|
Texas (State of) Water Development Board, Series 2019, RB |
5.00% | 04/15/2032 | 135 | 167,284 | ||||||||
|
Texas (State of) Water Development Board, Series 2019, RB |
4.00% | 10/15/2036 | 125 | 145,062 | ||||||||
|
Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC - North Tarrant Express Managed Lanes), Series 2019 A, Ref. RB |
5.00% | 12/31/2033 | 90 | 107,315 | ||||||||
|
Travis (County of), TX, Series 2019 A, GO Bonds |
5.00% | 03/01/2032 | 100 | 122,753 | ||||||||
|
Trinity River Authority, Series 2020, Ref. RB |
5.00% | 08/01/2029 | 20 | 24,571 | ||||||||
|
Webb (County of), TX, Series 2020, GO Bonds |
4.00% | 02/15/2045 | 15 | 16,738 | ||||||||
|
|
|
|||||||||||
| 1,743,249 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.52% |
||||||||||||
|
Utah (State of), Series 2020, GO Bonds |
5.00% | 07/01/2029 | 75 | 91,601 | ||||||||
|
|
|
|||||||||||
|
Vermont-1.27% |
||||||||||||
|
Vermont (State of) Educational & Health Buildings Financing Agency (Middlebury College), Series 2020, Ref. RB |
4.00% | 11/01/2050 | 200 | 222,841 | ||||||||
|
|
|
|||||||||||
|
Virginia-0.96% |
||||||||||||
|
Richmond (City of), VA, Series 2017 D, Ref. GO Bonds |
5.00% | 03/01/2029 | 10 | 12,280 | ||||||||
|
Virginia (State of) College Building Authority (21st Century College), Series 2017 E, Ref. RB |
5.00% | 02/01/2029 | 100 | 119,401 | ||||||||
|
Virginia (State of) College Building Authority (21st Century College), Series 2019 C, Ref. RB |
5.00% | 02/01/2029 | 30 | 36,599 | ||||||||
|
|
|
|||||||||||
| 168,280 | ||||||||||||
|
|
|
|||||||||||
|
Washington-1.93% |
||||||||||||
|
Snohomish County School District No. 201 Snohomish, Series 2020, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 12/01/2029 | 35 | 43,565 | ||||||||
|
Washington (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2029 | 35 | 43,247 | ||||||||
|
Washington (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2031 | 50 | 61,693 | ||||||||
|
Washington (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2035 | 35 | 42,920 | ||||||||
|
Washington (State of), Series 2019 A, GO Bonds |
5.00% | 08/01/2039 | 60 | 73,227 | ||||||||
|
Washington (State of), Series 2019 C, GO Bonds |
5.00% | 02/01/2035 | 60 | 72,744 | ||||||||
|
|
|
|||||||||||
| 337,396 | ||||||||||||
|
|
|
|||||||||||
|
Wisconsin-0.21% |
||||||||||||
|
Wisconsin (State of), Series 2021-2, Ref. GO Bonds |
5.00% | 05/01/2029 | 30 | 36,833 | ||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(b)-98.77% |
17,311,162 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.23% |
216,156 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 17,527,318 | ||||||||||
|
|
|
|||||||||||
|
Investment Abbreviations: | ||
|
AGM |
-Assured Guaranty Municipal Corp. | |
|
BAM |
-Build America Mutual Assurance Co. | |
|
CEP |
-Credit Enhancement Provider | |
|
COP |
-Certificates of Participation | |
|
GO |
-General Obligation | |
|
INS |
-Insurer | |
|
RB |
-Revenue Bonds | |
|
Ref. |
-Refunding | |
Notes to Schedule of Investments:
| (a) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (b) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
169 |
||||
|
|
| |||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
17.72 |
| ||
|
Water Revenue |
12.19 |
|||
|
General Fund |
8.86 |
|||
|
Highway Tolls Revenue |
8.69 |
|||
|
Income Tax Revenue |
7.66 |
|||
|
Health, Hospital, Nursing Home Revenue |
7.34 |
|||
|
Miscellaneous Revenue |
7.29 |
|||
|
Lease Revenue |
6.63 |
|||
|
College & University Revenue |
6.11 |
|||
|
Electric Power Revenue |
4.67 |
|||
|
Appropriations |
3.70 |
|||
|
Revenue Types Each Less Than 3% |
7.91 |
|||
|
Other Assets Less Liabilities |
1.23 |
|||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
170 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Municipal Bond ETF (BSMU) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.87% |
||||||||||||
|
Alabama-0.95% |
||||||||||||
|
Alabama (State of) Public School & College Authority (Social Bonds), Series 2020 A, Ref. RB |
4.00% | 11/01/2036 | $ | 100 | $ | 115,731 | ||||||
|
|
|
|||||||||||
|
Arizona-1.00% |
||||||||||||
|
Maricopa (County of), AZ Industrial Development Authority (Banner Health Obligated Group), Series 2019 E, RB |
3.00% | 01/01/2049 | 125 | 121,570 | ||||||||
|
|
|
|||||||||||
|
California-16.92% |
||||||||||||
|
Antelope Valley Community College District, Series 2020 B, GO Bonds |
3.00% | 08/01/2050 | 45 | 45,160 | ||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2030 | 90 | 112,451 | ||||||||
|
California (State of), Series 2020, GO Bonds |
5.00% | 03/01/2030 | 25 | 31,186 | ||||||||
|
California (State of), Series 2020, GO Bonds |
5.00% | 03/01/2034 | 200 | 247,928 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
4.00% | 11/01/2030 | 40 | 47,324 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
5.00% | 11/01/2030 | 60 | 75,797 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
4.00% | 03/01/2036 | 100 | 114,465 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
4.00% | 03/01/2038 | 175 | 199,726 | ||||||||
|
California (State of) Health Facilities Financing Authority (Stanford Health Care), Series 2020 A, Ref. RB |
4.00% | 08/15/2050 | 100 | 111,916 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2019 C, RB |
5.00% | 11/01/2030 | 60 | 73,801 | ||||||||
|
Long Beach (City of), CA Bond Finance Authority, Series 2007 A, RB |
5.50% | 11/15/2030 | 50 | 62,069 | ||||||||
|
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport), Series 2020 B, Ref. RB |
5.00% | 05/15/2034 | 200 | 246,777 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2020 A, Ref. RB |
5.00% | 07/01/2050 | 200 | 242,887 | ||||||||
|
Los Angeles (City of), CA Department of Water & Power, Series 2020 B, Ref. RB |
4.00% | 07/01/2030 | 75 | 88,675 | ||||||||
|
Los Angeles Unified School District, Series 2020 RYQ, GO Bonds |
5.00% | 07/01/2033 | 130 | 162,682 | ||||||||
|
Sacramento (City of), CA Municipal Utility District (Green Bonds), Series 2019 G, RB |
5.00% | 08/15/2030 | 60 | 74,350 | ||||||||
|
University of California, Series 2020 BE, Ref. RB |
5.00% | 05/15/2043 | 100 | 121,984 | ||||||||
|
|
|
|||||||||||
| 2,059,178 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-1.71% |
||||||||||||
|
Colorado (State of), Series 2020 A, COP |
5.00% | 12/15/2033 | 25 | 31,358 | ||||||||
|
Colorado (State of), Series 2020 A, COP |
4.00% | 12/15/2038 | 100 | 113,933 | ||||||||
|
Denver (City & County of), CO, Series 2020 B, Ref. GO Bonds |
5.00% | 08/01/2030 | 50 | 63,410 | ||||||||
|
|
|
|||||||||||
| 208,701 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-1.00% |
||||||||||||
|
Connecticut (State of), Series 2019 A, GO Bonds |
5.00% | 04/15/2030 | 100 | 121,686 | ||||||||
|
|
|
|||||||||||
|
Delaware-0.96% |
||||||||||||
|
Delaware (State of), Series 2020 A, GO Bonds |
4.00% | 01/01/2032 | 100 | 117,032 | ||||||||
|
|
|
|||||||||||
|
District of Columbia-2.06% |
||||||||||||
|
Washington Metropolitan Area Transit Authority, Series 2020 A, RB |
5.00% | 07/15/2045 | 205 | 250,165 | ||||||||
|
|
|
|||||||||||
|
Florida-1.76% |
||||||||||||
|
Miami-Dade (County of), FL, Series 2020 A, Ref. RB |
4.00% | 10/01/2041 | 75 | 83,809 | ||||||||
|
Miami-Dade (County of), FL, Series 2021, RB |
5.00% | 10/01/2030 | 35 | 44,116 | ||||||||
|
Palm Beach County School District, Series 2020 A, COP |
5.00% | 08/01/2034 | 50 | 61,827 | ||||||||
|
School District of Broward County, Series 2020 A, COP |
5.00% | 07/01/2033 | 20 | 24,627 | ||||||||
|
|
|
|||||||||||
| 214,379 | ||||||||||||
|
|
|
|||||||||||
|
Georgia-0.33% |
||||||||||||
|
Private Colleges & Universities Authority (Emory University), Series 2020 B, Ref. RB |
4.00% | 09/01/2035 | 35 | 40,224 | ||||||||
|
|
|
|||||||||||
|
Illinois-5.64% |
||||||||||||
|
Cook (County of), IL, Series 2021 A, Ref. GO Bonds |
5.00% | 11/15/2033 | 200 | 243,791 | ||||||||
|
Illinois (State of), Series 2020 C, GO Bonds |
4.00% | 10/01/2040 | 185 | 198,683 | ||||||||
|
Illinois (State of) Finance Authority (Northshore University Health), Series 2020, Ref. RB |
4.00% | 08/15/2040 | 100 | 113,798 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
171 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Municipal Bond ETF (BSMU)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Illinois-(continued) |
||||||||||||
|
Illinois (State of) Toll Highway Authority, Series 2019 B, Ref. RB |
5.00% | 01/01/2030 | $ | 15 | $ | 18,553 | ||||||
|
Sales Tax Securitization Corp., Series 2020 A, Ref. RB |
4.00% | 01/01/2039 | 100 | 111,440 | ||||||||
|
|
|
|||||||||||
| 686,265 | ||||||||||||
|
|
|
|||||||||||
|
Louisiana-1.53% |
||||||||||||
|
Louisiana (State of) Public Facilities Authority (Ochsner Clinic Foundation), Series 2020, Ref. RB |
3.00% | 05/15/2047 | 190 | 186,099 | ||||||||
|
|
|
|||||||||||
|
Maryland-2.30% |
||||||||||||
|
Montgomery (County of), MD, Series 2020 B, Ref. GO Bonds |
4.00% | 11/01/2030 | 100 | 118,842 | ||||||||
|
Prince George’s (County of), MD, Series 2019 A, GO Bonds |
5.00% | 07/15/2030 | 130 | 160,501 | ||||||||
|
|
|
|||||||||||
| 279,343 | ||||||||||||
|
|
|
|||||||||||
|
Massachusetts-2.51% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2019 A, GO Bonds |
5.00% | 01/01/2030 | 25 | 30,424 | ||||||||
|
Massachusetts (Commonwealth of), Series 2020 C, GO Bonds |
3.00% | 03/01/2049 | 160 | 158,764 | ||||||||
|
Massachusetts (Commonwealth of), Series 2020 C, GO Bonds |
2.75% | 03/01/2050 | 15 | 14,044 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Wellforce, Inc.), Series 2020 C, Ref. RB, (INS - AGM)(a) |
3.00% | 10/01/2045 | 100 | 102,718 | ||||||||
|
|
|
|||||||||||
| 305,950 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-0.94% |
||||||||||||
|
University of Michigan, Series 2020 A, Ref. RB |
4.00% | 04/01/2045 | 75 | 84,921 | ||||||||
|
Walled Lake Consolidated School District, Series 2020, GO Bonds |
5.00% | 05/01/2050 | 25 | 29,994 | ||||||||
|
|
|
|||||||||||
| 114,915 | ||||||||||||
|
|
|
|||||||||||
|
Missouri-0.79% |
||||||||||||
|
Missouri (State of) Health & Educational Facilities Authority (Mercy Health), Series 2020, RB |
3.00% | 06/01/2053 | 100 | 96,610 | ||||||||
|
|
|
|||||||||||
|
Nevada-0.51% |
||||||||||||
|
Clark (County of), NV, Series 2020 C, Ref. RB |
5.00% | 07/01/2030 | 50 | 62,420 | ||||||||
|
|
|
|||||||||||
|
New Jersey-4.53% |
||||||||||||
|
Gloucester County Improvement Authority (The) (Rowan University), Series 2021, RB, (INS - BAM)(a) |
4.00% | 07/01/2051 | 100 | 110,489 | ||||||||
|
New Jersey (State of) Economic Development Authority (Social Bonds), Series 2021, RB |
4.00% | 06/15/2046 | 115 | 123,504 | ||||||||
|
New Jersey (State of) Economic Development Authority (Social Bonds), Series 2021, RB |
4.00% | 06/15/2050 | 100 | 106,997 | ||||||||
|
New Jersey (State of) Transportation Trust Fund Authority, Series 2020 AA, RB |
4.00% | 06/15/2045 | 195 | 209,840 | ||||||||
|
|
|
|||||||||||
| 550,830 | ||||||||||||
|
|
|
|||||||||||
|
New York-28.24% |
||||||||||||
|
Monroe County Industrial Development Corp. (University of Rochester), Series 2020 A, RB |
4.00% | 07/01/2050 | 100 | 110,725 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2019, Ref. RB |
5.00% | 09/01/2030 | 100 | 123,714 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2020-222, Ref. RB |
4.00% | 07/15/2040 | 200 | 224,259 | ||||||||
|
New York (City of), NY, Series 2020 AA-1, Ref. RB |
4.00% | 06/15/2050 | 170 | 189,689 | ||||||||
|
New York (City of), NY, Series 2020 D-1, GO Bonds |
4.00% | 03/01/2041 | 125 | 139,261 | ||||||||
|
New York (City of), NY, Series 2020 D-1, GO Bonds |
5.00% | 03/01/2043 | 100 | 120,174 | ||||||||
|
New York (City of), NY, Series 2020 EE, Ref. RB |
5.00% | 06/15/2030 | 70 | 87,683 | ||||||||
|
New York (City of), NY, Series 2020 GG-1, RB |
4.00% | 06/15/2050 | 200 | 221,977 | ||||||||
|
New York (City of), NY, Subseries 2019 L-6, GO Bonds |
5.00% | 04/01/2030 | 20 | 24,333 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2020, RB |
5.00% | 05/01/2034 | 200 | 248,307 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2020, RB |
5.00% | 05/01/2041 | 50 | 61,154 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2020, RB |
3.00% | 05/01/2046 | 100 | 98,791 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 D, Ref. RB |
5.00% | 02/15/2033 | 115 | 141,204 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 D, Ref. RB |
4.00% | 02/15/2037 | 200 | 224,929 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 D, Ref. RB |
5.00% | 02/15/2041 | 90 | 108,861 | ||||||||
|
New York (State of) Dormitory Authority, Series 2020 D, Ref. RB |
4.00% | 02/15/2047 | 100 | 110,316 | ||||||||
|
New York (State of) Dormitory Authority (General Purpose), Series 2020 D, Ref. RB |
5.00% | 02/15/2048 | 15 | 17,926 | ||||||||
|
New York (State of) Power Authority (Green Bonds), Series 2020 A, Ref. RB |
4.00% | 11/15/2045 | 200 | 223,003 | ||||||||
|
New York (State of) Power Authority (Green Bonds), Series 2020 A, Ref. RB |
4.00% | 11/15/2055 | 100 | 110,578 | ||||||||
|
New York (State of) Thruway Authority, Series 2019 B, RB |
4.00% | 01/01/2038 | 200 | 220,857 | ||||||||
|
New York (State of) Thruway Authority, Series 2019 B, RB |
4.00% | 01/01/2045 | 180 | 195,965 | ||||||||
|
New York State Urban Development Corp., Series 2020 A, RB |
4.00% | 03/15/2049 | 40 | 44,287 | ||||||||
|
New York State Urban Development Corp., Series 2020, Ref. RB |
4.00% | 03/15/2042 | 200 | 224,405 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
172 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Municipal Bond ETF (BSMU)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York State Urban Development Corp., Series 2020, Ref. RB |
5.00% | 03/15/2044 | $ | 115 | $ | 139,678 | ||||||
|
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2020 A, RB |
5.00% | 11/15/2054 | 20 | 24,111 | ||||||||
|
|
|
|||||||||||
| 3,436,187 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-2.16% |
||||||||||||
|
Brunswick (County of), NC, Series 2020, RB |
3.00% | 04/01/2050 | 100 | 99,965 | ||||||||
|
North Carolina (State of), Series 2019 B, GO Bonds |
5.00% | 06/01/2030 | 25 | 30,825 | ||||||||
|
North Carolina (State of) Turnpike Authority (Triangle Expressway), Series 2019, RB, (INS - AGM)(a) |
5.00% | 01/01/2049 | 110 | 131,672 | ||||||||
|
|
|
|||||||||||
| 262,462 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-3.39% |
||||||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2020 A, RB |
5.00% | 12/01/2040 | 200 | 247,254 | ||||||||
|
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund), Series 2020 A, RB |
5.00% | 12/01/2050 | 135 | 164,709 | ||||||||
|
|
|
|||||||||||
| 411,963 | ||||||||||||
|
|
|
|||||||||||
|
Oregon-0.51% |
||||||||||||
|
Portland (City of), OR, Series 2019 A, Ref. RB |
5.00% | 03/01/2030 | 50 | 62,124 | ||||||||
|
|
|
|||||||||||
|
Pennsylvania-1.88% |
||||||||||||
|
Allegheny (County of), PA Higher Education Building Authority (Carnegie Mellon University), Series 2020, RB |
5.00% | 02/01/2030 | 25 | 30,969 | ||||||||
|
Chester (County of), PA Health & Education Facilities Authority (Main Line Health System), Series 2020 A, RB |
3.00% | 09/01/2046 | 85 | 87,243 | ||||||||
|
Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2020 A-1, RB |
4.00% | 04/15/2045 | 100 | 110,775 | ||||||||
|
|
|
|||||||||||
| 228,987 | ||||||||||||
|
|
|
|||||||||||
|
Tennessee-0.97% |
||||||||||||
|
Metropolitan Nashville Airport Authority (The), Series 2019 A, RB |
5.00% | 07/01/2054 | 100 | 117,856 | ||||||||
|
|
|
|||||||||||
|
Texas-11.38% |
||||||||||||
|
Cypress-Fairbanks Independent School District, Series 2019, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
5.00% | 02/15/2030 | 25 | 30,557 | ||||||||
|
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2020, Ref. RB |
4.00% | 11/01/2045 | 100 | 111,422 | ||||||||
|
Dallas (City of), TX, Series 2020 C, Ref. RB |
4.00% | 10/01/2049 | 200 | 228,643 | ||||||||
|
Harris (County of), TX Port Authority of Houston, Series 2020 A-2, Ref. GO Bonds |
4.00% | 10/01/2037 | 160 | 185,970 | ||||||||
|
Houston (City of), TX, Series 2020 C, Ref. RB |
4.00% | 11/15/2036 | 40 | 46,454 | ||||||||
|
Lamar Consolidated Independent School District, Series 2020, Ref. GO Bonds, (CEP - Texas Permanent School Fund) |
4.00% | 02/15/2043 | 40 | 46,232 | ||||||||
|
Matagorda (County of), TX Navigation District No. 1 (AEP TEX), Series 2005 A, Ref. RB, (INS - AMBAC)(a) |
4.40% | 05/01/2030 | 125 | 142,543 | ||||||||
|
San Antonio (City of), TX, Series 2019, Ref. RB |
5.00% | 02/01/2036 | 20 | 24,420 | ||||||||
|
Texas (State of) Water Development Board, Series 2020, RB |
5.00% | 08/01/2030 | 125 | 157,068 | ||||||||
|
Texas (State of) Water Development Board, Series 2020, RB |
3.00% | 10/15/2035 | 170 | 182,053 | ||||||||
|
Texas (State of) Water Development Board, Series 2020, RB |
4.00% | 10/15/2045 | 200 | 229,242 | ||||||||
|
|
|
|||||||||||
| 1,384,604 | ||||||||||||
|
|
|
|||||||||||
|
Virginia-1.70% |
||||||||||||
|
Fairfax (County of), VA, Series 2020 A, Ref. GO Bonds |
5.00% | 10/01/2030 | 65 | 81,623 | ||||||||
|
Fairfax (County of), VA, Series 2020 A, Ref. GO Bonds |
5.00% | 10/01/2031 | 100 | 125,223 | ||||||||
|
|
|
|||||||||||
| 206,846 | ||||||||||||
|
|
|
|||||||||||
|
Washington-2.30% |
||||||||||||
|
Washington (State of), Series 2020 A, GO Bonds |
5.00% | 08/01/2043 | 25 | 30,626 | ||||||||
|
Washington (State of), Series 2020 C, GO Notes |
5.00% | 02/01/2034 | 50 | 61,662 | ||||||||
|
Washington (State of) (Bid Group 1), Series 2020 A, GO Bonds |
5.00% | 08/01/2033 | 55 | 68,755 | ||||||||
|
Washington (State of) Health Care Facilities Authority (Seattle Cancer Care Alliance), Series 2020, Ref. RB |
5.00% | 09/01/2050 | 100 | 119,439 | ||||||||
|
|
|
|||||||||||
| 280,482 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
173 |
||||
|
|
| |||
|
Invesco BulletShares 2030 Municipal Bond ETF (BSMU)–(continued) February 28, 2022 (Unaudited) |
| Interest Rate |
Maturity Date |
Principal Amount (000) |
Value | |||||||||
|
Wisconsin-0.90% |
||||||||||||
|
Wisconsin (State of) Public Finance Authority (Blue Ridge Healthcare), Series 2020, Ref. RB |
4.00% | 01/01/2045 | $ | 100 | $ | 109,312 | ||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(b)-98.87% |
12,031,921 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.13% |
137,930 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 12,169,851 | ||||||||||
|
|
|
|||||||||||
| Investment Abbreviations: | ||
| AGM | -Assured Guaranty Municipal Corp. | |
| AMBAC | -American Municipal Bond Assurance Corp. | |
| BAM | -Build America Mutual Assurance Co. | |
| CEP | -Credit Enhancement Provider | |
| COP | -Certificates of Participation | |
| GO | -General Obligation | |
| INS | -Insurer | |
| RB | -Revenue Bonds | |
| Ref. | -Refunding | |
Notes to Schedule of Investments:
| (a) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (b) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Water Revenue |
18.33 | |||||||
|
Ad Valorem Property Tax |
13.47 | |||||||
|
Income Tax Revenue |
11.67 | |||||||
|
General Fund |
10.40 | |||||||
|
Health, Hospital, Nursing Home Revenue |
9.53 | |||||||
|
Port, Airport & Marina Revenue |
7.46 | |||||||
|
College & University Revenue |
4.86 | |||||||
|
Highway Tolls Revenue |
4.86 | |||||||
|
Miscellaneous Revenue |
4.05 | |||||||
|
Sales Tax Revenue |
3.97 | |||||||
|
Electric Power Revenue |
3.55 | |||||||
|
Revenue Types Each Less Than 3% |
6.72 | |||||||
|
Other Assets Less Liabilities |
1.13 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
174 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Municipal Bond ETF (BSMV) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Municipal Obligations-98.93% |
||||||||||||
|
Alabama-0.13% |
||||||||||||
|
Alabama (State of) Public School & College Authority (Social Bonds), Series 2020 A, Ref. RB |
5.00% | 11/01/2031 | $ | 10 | $ | 12,634 | ||||||
|
|
|
|||||||||||
|
Arizona-0.52% |
||||||||||||
|
Maricopa (County of), AZ Industrial Development Authority (Honorhealth), Series 2021 A, RB |
3.00% | 09/01/2051 | 50 | 48,739 | ||||||||
|
|
|
|||||||||||
|
Arkansas-0.13% |
||||||||||||
|
University of Arkansas, Series 2021 A, RB |
5.00% | 12/01/2045 | 10 | 12,337 | ||||||||
|
|
|
|||||||||||
|
California-18.74% |
||||||||||||
|
California (State of), Series 2019, Ref. GO Bonds |
5.00% | 04/01/2031 | 10 | 12,740 | ||||||||
|
California (State of), Series 2020, Ref. GO Bonds |
5.00% | 11/01/2031 | 15 | 18,924 | ||||||||
|
California (State of), Series 2021, GO Bonds |
4.00% | 10/01/2039 | 250 | 286,872 | ||||||||
|
California (State of), Series 2021, Ref. GO Bonds |
4.00% | 10/01/2041 | 50 | 57,184 | ||||||||
|
California (State of) Department of Water Resources, Series 2020 BB, Ref. RB |
5.00% | 12/01/2031 | 10 | 12,692 | ||||||||
|
California (State of) Department of Water Resources (Central Valley), Series 2021, RB |
5.00% | 12/01/2033 | 5 | 6,362 | ||||||||
|
California (State of) Health Facilities Financing Authority (Cedars Sinai Health System), Series 2021, Ref. RB |
3.00% | 08/15/2051 | 250 | 247,022 | ||||||||
|
California (State of) Public Works Board (Various Capital), Series 2021 B, RB |
5.00% | 05/01/2035 | 25 | 31,344 | ||||||||
|
Contra Costa (County of), CA Water District, Series 2021 W, Ref. RB |
5.00% | 10/01/2051 | 50 | 62,074 | ||||||||
|
Foothill-De Anza Community College District, Series 2021 A, Ref. GO Bonds |
3.00% | 08/01/2039 | 30 | 31,330 | ||||||||
|
Los Angeles (City of), CA Department of Airports, Series 2021 B, Ref. RB |
5.00% | 05/15/2045 | 20 | 24,504 | ||||||||
|
Los Angeles (City of), CA Department of Airports, Series 2021 B, Ref. RB |
5.00% | 05/15/2048 | 45 | 54,808 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2021 A, RB |
4.00% | 06/01/2039 | 10 | 11,636 | ||||||||
|
Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2021 A, RB |
5.00% | 07/01/2046 | 60 | 75,128 | ||||||||
|
Los Angeles Unified School District, Series 2021 A, Ref. GO Bonds |
5.00% | 07/01/2031 | 10 | 12,691 | ||||||||
|
Sacramento (County of), CA Sanitation Districts Financing Authority, Series 2021, Ref. RB |
3.00% | 12/01/2034 | 30 | 32,493 | ||||||||
|
San Diego (County of), CA Regional Airport Authority, Series 2021 A, RB |
5.00% | 07/01/2051 | 250 | 303,304 | ||||||||
|
San Diego (County of), CA Regional Transportation Commission, Series 2021 B, Ref. RB |
5.00% | 04/01/2045 | 25 | 30,910 | ||||||||
|
San Diego (County of), CA Water Authority (Green Bonds), Series 2021 B, Ref. RB |
4.00% | 05/01/2038 | 10 | 11,627 | ||||||||
|
University of California, Series 2021 BH, Ref. RB |
4.00% | 05/15/2046 | 140 | 158,257 | ||||||||
|
University of California (Limited), Series 2021 Q, Ref. RB |
5.00% | 05/15/2033 | 5 | 6,360 | ||||||||
|
University of California (Limited), Series 2021 Q, Ref. RB |
4.00% | 05/15/2040 | 250 | 285,688 | ||||||||
|
|
|
|||||||||||
| 1,773,950 | ||||||||||||
|
|
|
|||||||||||
|
Colorado-4.34% |
||||||||||||
|
Colorado (State of), Series 2021 A, COP |
5.00% | 12/15/2033 | 10 | 12,787 | ||||||||
|
Colorado (State of), Series 2021 A, COP |
5.00% | 12/15/2034 | 10 | 12,771 | ||||||||
|
Colorado (State of) Health Facilities Authority (Adventhealth Obligated Group), Series 2021 A, Ref. RB |
3.00% | 11/15/2051 | 250 | 243,661 | ||||||||
|
Colorado (State of) Regional Transportation District (Denver Transit Partners Eagle P3), Series 2020 A, Ref. RB |
4.00% | 07/15/2034 | 5 | 5,611 | ||||||||
|
Colorado (State of) Regional Transportation District (Denver Transit Partners Eagle P3), Series 2020 A, Ref. RB |
4.00% | 07/15/2036 | 10 | 11,180 | ||||||||
|
Denver (City & County of), CO, Series 2021 A, RB |
4.00% | 08/01/2051 | 100 | 112,407 | ||||||||
|
Denver City & County School District No. 1, Series 2021, GO Bonds |
5.00% | 12/01/2031 | 10 | 12,655 | ||||||||
|
|
|
|||||||||||
| 411,072 | ||||||||||||
|
|
|
|||||||||||
|
Connecticut-1.82% |
||||||||||||
|
Connecticut (State of), Series 2021 A, GO Bonds |
3.00% | 01/15/2034 | 140 | 147,347 | ||||||||
|
Connecticut (State of), Series 2021 A, RB |
5.00% | 05/01/2034 | 20 | 25,181 | ||||||||
|
|
|
|||||||||||
| 172,528 | ||||||||||||
|
|
|
|||||||||||
|
District of Columbia-1.68% |
||||||||||||
|
Washington Metropolitan Area Transit Authority (Green Bonds), Series 2021 A, RB |
5.00% | 07/15/2031 | 10 | 12,831 | ||||||||
|
Washington Metropolitan Area Transit Authority (Green Bonds), Series 2021 A, RB |
4.00% | 07/15/2034 | 15 | 17,581 | ||||||||
|
Washington Metropolitan Area Transit Authority (Green Bonds), Series 2021 A, RB |
3.00% | 07/15/2043 | 125 | 128,381 | ||||||||
|
|
|
|||||||||||
| 158,793 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
175 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Municipal Bond ETF (BSMV)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Florida-11.27% |
||||||||||||
|
Central Florida Expressway Authority, Series 2021 D, RB |
5.00% | 07/01/2031 | $ | 15 | $ | 19,055 | ||||||
|
Central Florida Expressway Authority, Series 2021, Ref. RB, (INS - AGM)(a) |
4.00% | 07/01/2035 | 5 | 5,827 | ||||||||
|
Florida (State of), Series 2021 A, Ref. GO Bonds |
5.00% | 06/01/2031 | 10 | 12,811 | ||||||||
|
Florida (State of), Series 2021 A, Ref. GO Bonds |
5.00% | 07/01/2031 | 30 | 38,704 | ||||||||
|
Florida (State of) Department of Transportation, Series 2021 C, RB |
3.00% | 07/01/2051 | 250 | 250,568 | ||||||||
|
Florida Development Finance Corp. (Lakeland Regional Health System), Series 2021, Ref. RB |
4.00% | 11/15/2033 | 40 | 46,112 | ||||||||
|
Florida Development Finance Corp. (Lakeland Regional Health System), Series 2021, Ref. RB |
4.00% | 11/15/2034 | 20 | 22,990 | ||||||||
|
Hillsborough (County of), FL Industrial Development Authority (Tampa General Hospital), Series 2020, RB |
4.00% | 08/01/2045 | 25 | 26,996 | ||||||||
|
Hillsborough (County of), FL Industrial Development Authority (Tampa General Hospital), Series 2020, RB |
4.00% | 08/01/2055 | 25 | 26,797 | ||||||||
|
Miami-Dade (County of), FL, Series 2021, RB |
4.00% | 10/01/2051 | 250 | 277,903 | ||||||||
|
Miami-Dade (County of), FL Water & Sewer System, Series 2021, RB |
3.00% | 10/01/2036 | 5 | 5,218 | ||||||||
|
Miami-Dade (County of), FL Water & Sewer System, Series 2021, RB |
4.00% | 10/01/2051 | 25 | 28,069 | ||||||||
|
Orlando (City of), FL Utilities Commission, Series 2021 A, RB |
4.00% | 10/01/2039 | 250 | 286,429 | ||||||||
|
Pasco County School Board, Series 2021 A, Ref. COP |
5.00% | 08/01/2031 | 15 | 18,789 | ||||||||
|
|
|
|||||||||||
| 1,066,268 | ||||||||||||
|
|
|
|||||||||||
|
Illinois-5.71% |
||||||||||||
|
Cook (County of), IL, Series 2021 A, Ref. GO Bonds |
5.00% | 11/15/2031 | 255 | 312,249 | ||||||||
|
Illinois (State of), Series 2021 A, GO Bonds |
5.00% | 03/01/2046 | 50 | 57,843 | ||||||||
|
Illinois (State of) Finance Authority (Carle Foundation (The)), Series 2021 A, Ref. RB |
4.00% | 08/15/2040 | 150 | 169,891 | ||||||||
|
|
|
|||||||||||
| 539,983 | ||||||||||||
|
|
|
|||||||||||
|
Indiana-1.01% |
||||||||||||
|
Indiana (State of) Finance Authority (CWA Authority), Series 2021 1, Ref. RB |
5.00% | 10/01/2031 | 30 | 38,467 | ||||||||
|
Indianapolis (City of), IN Local Public Improvement Bond Bank, Series 2021 A, Ref. RB, (INS - AGM)(a) |
4.00% | 06/01/2036 | 50 | 57,423 | ||||||||
|
|
|
|||||||||||
| 95,890 | ||||||||||||
|
|
|
|||||||||||
|
Maryland-1.57% |
||||||||||||
|
Maryland (State of) Transportation Authority, Series 2021 A, Ref. RB |
5.00% | 07/01/2046 | 120 | 148,758 | ||||||||
|
|
|
|||||||||||
|
Massachusetts-5.03% |
||||||||||||
|
Massachusetts (Commonwealth of), Series 2021 A, GO Bonds |
3.00% | 03/01/2036 | 75 | 77,813 | ||||||||
|
Massachusetts (Commonwealth of) Transportation Fund, Series 2021 A, Ref. RB |
5.00% | 06/01/2042 | 250 | 310,645 | ||||||||
|
Massachusetts (State of) Development Finance Agency (Suffolk University), Series 2021, RB |
4.00% | 07/01/2051 | 65 | 69,643 | ||||||||
|
Massachusetts (State of) Port Authority, Series 2021 D, RB |
5.00% | 07/01/2051 | 15 | 18,423 | ||||||||
|
|
|
|||||||||||
| 476,524 | ||||||||||||
|
|
|
|||||||||||
|
Michigan-0.75% |
||||||||||||
|
Michigan (State of), Series 2021, RB |
4.00% | 11/15/2037 | 60 | 70,549 | ||||||||
|
|
|
|||||||||||
|
Minnesota-0.47% |
||||||||||||
|
Minnesota (State of), Series 2020 A, GO Bonds |
5.00% | 08/01/2031 | 35 | 44,059 | ||||||||
|
|
|
|||||||||||
|
New Jersey-4.48% |
||||||||||||
|
Atlantic (County of), NJ Improvement Authority (The) (Stockton University), Series 2021, RB, |
||||||||||||
|
(INS - AGM)(a) |
4.00% | 07/01/2053 | 35 | 38,877 | ||||||||
|
New Jersey (State of), Series 2020 A, GO Bonds |
4.00% | 06/01/2031 | 255 | 295,012 | ||||||||
|
New Jersey (State of) Turnpike Authority, Series 2021 A, RB |
4.00% | 01/01/2042 | 80 | 89,928 | ||||||||
|
|
|
|||||||||||
| 423,817 | ||||||||||||
|
|
|
|||||||||||
|
New York-22.18% |
||||||||||||
|
New York & New Jersey (States of) Port Authority, Series 2021 224, Ref. RB |
4.00% | 07/15/2035 | 20 | 22,935 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2021 224, Ref. RB |
4.00% | 07/15/2037 | 15 | 17,141 | ||||||||
|
New York & New Jersey (States of) Port Authority, Series 2021 224, Ref. RB |
4.00% | 07/15/2038 | 5 | 5,698 | ||||||||
|
New York (City of), NY, Series 2021 AA-1, RB |
3.00% | 06/15/2051 | 250 | 245,128 | ||||||||
|
New York (City of), NY, Series 2021 F-1, GO Bonds |
5.00% | 03/01/2042 | 165 | 201,175 | ||||||||
|
New York (City of), NY, Series 2021 F-1, GO Bonds |
4.00% | 03/01/2047 | 10 | 11,127 | ||||||||
|
New York (City of), NY Industrial Development Agency (Queens Baseball Stadium), Series 2021 A, Ref. RB, (INS - AGM)(a) |
5.00% | 01/01/2031 | 50 | 61,697 | ||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2021 CC-1, RB |
4.00% | 06/15/2051 | 100 | 111,993 | ||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
176 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Municipal Bond ETF (BSMV)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
New York-(continued) |
||||||||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2021 CC-1, RB |
5.00% | 06/15/2051 | $ | 55 | $ | 67,394 | ||||||
|
New York (City of), NY Municipal Water Finance Authority, Series 2021 DD, Ref. RB |
4.00% | 06/15/2036 | 10 | 11,499 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2021 B-1, RB |
4.00% | 08/01/2048 | 250 | 279,457 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2021, Ref. RB |
5.00% | 11/01/2031 | 15 | 18,915 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Series 2021, Ref. RB |
5.00% | 11/01/2034 | 150 | 187,599 | ||||||||
|
New York (City of), NY Transitional Finance Authority, Subseries 2021 S-1, Ref. RB |
5.00% | 07/15/2031 | 10 | 12,732 | ||||||||
|
New York (State of) Bridge Authority, Series 2021 A, RB |
4.00% | 01/01/2046 | 20 | 22,581 | ||||||||
|
New York (State of) Dormitory Authority, Series 2021 A, Ref. RB |
5.00% | 03/15/2033 | 150 | 187,728 | ||||||||
|
New York (State of) Dormitory Authority, Series 2021 A, Ref. RB |
5.00% | 03/15/2036 | 15 | 18,644 | ||||||||
|
New York (State of) Dormitory Authority, Series 2021 A, Ref. RB |
4.00% | 03/15/2040 | 30 | 33,899 | ||||||||
|
New York (State of) Dormitory Authority (New York University), Series 2021 A, Ref. RB |
5.00% | 07/01/2051 | 75 | 91,974 | ||||||||
|
New York (State of) Thruway Authority, Series 2021 A-1, Ref. RB |
4.00% | 03/15/2038 | 145 | 164,456 | ||||||||
|
New York Liberty Development Corp. (Green Bonds), Series 2021 A, Ref. RB |
3.00% | 11/15/2051 | 250 | 239,914 | ||||||||
|
Triborough Bridge & Tunnel Authority, Series 2021 A-1, Ref. RB |
5.00% | 05/15/2051 | 25 | 30,426 | ||||||||
|
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2021 A, RB |
4.00% | 11/15/2056 | 50 | 55,171 | ||||||||
|
|
|
|||||||||||
| 2,099,283 | ||||||||||||
|
|
|
|||||||||||
|
North Carolina-1.19% |
||||||||||||
|
North Carolina (State of) (Build North Carolina Programs), Series 2020 B, RB |
5.00% | 05/01/2031 | 20 | 24,943 | ||||||||
|
Union (County of), NC, Series 2021, RB |
3.00% | 06/01/2051 | 70 | 70,214 | ||||||||
|
Wake (County of), NC, Series 2021, RB |
4.00% | 03/01/2033 | 15 | 17,499 | ||||||||
|
|
|
|||||||||||
| 112,656 | ||||||||||||
|
|
|
|||||||||||
|
Ohio-1.20% |
||||||||||||
|
Montgomery (County of), OH (Kettering Health Network Obligated Group), Series 2021, Ref. RB |
4.00% | 08/01/2051 | 10 | 11,131 | ||||||||
|
Ohio (State of), Series 2021 A, GO Bonds |
4.00% | 05/01/2038 | 35 | 41,014 | ||||||||
|
Ohio (State of) Turnpike & Infrastructure Commission, Series 2021 A, RB |
5.00% | 02/15/2051 | 50 | 61,222 | ||||||||
|
|
|
|||||||||||
| 113,367 | ||||||||||||
|
|
|
|||||||||||
|
Pennsylvania-1.11% |
||||||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2021 B, RB |
4.00% | 12/01/2046 | 45 | 50,019 | ||||||||
|
Pennsylvania (Commonwealth of) Turnpike Commission, Series 2021 B, RB |
4.00% | 12/01/2051 | 50 | 55,393 | ||||||||
|
|
|
|||||||||||
| 105,412 | ||||||||||||
|
|
|
|||||||||||
|
Tennessee-0.44% |
||||||||||||
|
Clarksville (City of), TN, Series 2021 A, RB |
5.00% | 02/01/2045 | 25 | 30,811 | ||||||||
|
Nashville (City of) & Davidson (County of), TN Metropolitan Government, Series 2021 C, GO Bonds |
3.00% | 01/01/2033 | 10 | 10,674 | ||||||||
|
|
|
|||||||||||
| 41,485 | ||||||||||||
|
|
|
|||||||||||
|
Texas-5.18% |
||||||||||||
|
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport), Series 2020, Ref. RB |
5.00% | 11/01/2031 | 60 | 74,278 | ||||||||
|
Greater Texas Cultural Education Facilities Finance Corp. (Epicenter Multipurpose Facilities), Series 2021, RB |
4.00% | 03/01/2050 | 100 | 110,645 | ||||||||
|
Lower Colorado River Authority (LCRA Transmission Services Corp.), Series 2021, RB |
5.00% | 05/15/2046 | 100 | 121,066 | ||||||||
|
North Texas Tollway Authority, Series 2021 B, RB |
4.00% | 01/01/2035 | 75 | 86,130 | ||||||||
|
San Antonio (City of), TX, Series 2021 A, RB |
5.00% | 02/01/2039 | 10 | 12,374 | ||||||||
|
San Antonio (City of), TX, Series 2021 A, RB |
5.00% | 02/01/2041 | 30 | 37,005 | ||||||||
|
Texas (State of) Water Development Board, Series 2020, RB |
5.00% | 08/01/2031 | 30 | 37,711 | ||||||||
|
Trinity River Authority Central Regional Wastewater System, Series 2020, Ref. RB |
3.00% | 08/01/2031 | 10 | 10,757 | ||||||||
|
|
|
|||||||||||
| 489,966 | ||||||||||||
|
|
|
|||||||||||
|
Utah-0.07% |
||||||||||||
|
Granite School District Board of Education, Series 2021, Ref. GO Bonds, (CEP - Oregon School Bond Guaranty) |
5.00% | 06/01/2031 | 5 | 6,435 | ||||||||
|
|
|
|||||||||||
|
Virginia-0.73% |
||||||||||||
|
Virginia (State of) Commonwealth Transportation Board (I-81 Regional Corridor), Series 2021, RB |
5.00% | 05/15/2057 | 20 | 24,545 | ||||||||
|
Virginia (State of) Public Building Authority, Series 2021 A-1, RB |
5.00% | 08/01/2031 | 5 | 6,396 | ||||||||
|
Virginia (State of) Public Building Authority, Series 2021 A-1, RB |
5.00% | 08/01/2033 | 30 | 38,263 | ||||||||
|
|
|
|||||||||||
| 69,204 | ||||||||||||
|
|
|
|||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
177 |
||||
|
|
| |||
|
Invesco BulletShares 2031 Municipal Bond ETF (BSMV)–(continued) February 28, 2022 (Unaudited) |
|
Interest |
Maturity |
Principal Amount (000) |
Value | |||||||||
|
Washington-9.05% |
||||||||||||
|
Snohomish (County of), WA Public Utility District No. 1, Series 2021 A, RB |
5.00% | 12/01/2046 | $ | 250 | $ | 312,319 | ||||||
|
Washington (State of), Series 2021 R, Ref. GO Bonds |
4.00% | 08/01/2036 | 10 | 11,795 | ||||||||
|
Washington (State of) (Bid Group 1), Series 2021 C, GO Bonds |
5.00% | 02/01/2035 | 10 | 12,542 | ||||||||
|
Washington (State of) (Bid Group 1), Series 2021 C, GO Bonds |
5.00% | 02/01/2037 | 250 | 312,864 | ||||||||
|
Washington (State of) (Bid Group 2), Series 2021 A, GO Bonds |
5.00% | 08/01/2040 | 165 | 207,410 | ||||||||
|
|
|
|||||||||||
| 856,930 | ||||||||||||
|
|
|
|||||||||||
|
Wisconsin-0.13% |
||||||||||||
|
Wisconsin (State of), Series 2021 1, Ref. GO Bonds |
5.00% | 05/01/2031 | 10 | 12,471 | ||||||||
|
|
|
|||||||||||
|
TOTAL INVESTMENTS IN SECURITIES(b)-98.93% |
9,363,110 | |||||||||||
|
OTHER ASSETS LESS LIABILITIES-1.07% |
101,356 | |||||||||||
|
|
|
|||||||||||
|
NET ASSETS-100.00% |
$ | 9,464,466 | ||||||||||
|
|
|
|||||||||||
Investment Abbreviations:
| AGM-Assured |
Guaranty Municipal Corp. |
| CEP |
-Credit Enhancement Provider |
| COP |
-Certificates of Participation |
| GO |
-General Obligation |
| INS |
-Insurer |
| RB |
-Revenue Bonds |
| Ref. |
-Refunding |
Notes to Schedule of Investments:
| (a) |
Principal and/or interest payments are secured by the bond insurance company listed. |
| (b) |
Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each. |
Portfolio Composition
Revenue Type Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Ad Valorem Property Tax |
13.28 | |||||||
|
Water Revenue |
10.34 | |||||||
|
Sales Tax Revenue |
9.24 | |||||||
|
Health, Hospital, Nursing Home Revenue |
9.04 | |||||||
|
Lease Revenue |
8.78 | |||||||
|
Highway Tolls Revenue |
8.28 | |||||||
|
General Fund |
7.41 | |||||||
|
Electric Power Revenue |
6.85 | |||||||
|
Income Tax Revenue |
5.96 | |||||||
|
Port, Airport & Marina Revenue |
5.51 | |||||||
|
College & University Revenue |
5.33 | |||||||
|
Miscellaneous Revenue |
4.21 | |||||||
|
Revenue Types Each Less Than 3% |
4.70 | |||||||
|
Other Assets Less Liabilities |
1.07 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
178 |
||||
|
|
| |||
|
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE) February 28, 2022 (Unaudited) |
Schedule of Investments
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-80.91% |
| |||||||
|
Australia-0.81% |
||||||||
|
North Queensland Export Terminal Pty. Ltd., 4.45%, 12/15/2022(a) |
$ | 400,000 | $ | 358,873 | ||||
|
|
|
|||||||
|
Brazil-7.35% |
||||||||
|
Banco Bradesco S.A. |
||||||||
|
5.75%, 03/01/2022(a) |
200,000 | 200,000 | ||||||
|
5.75%, 03/01/2022(a) |
200,000 | 200,000 | ||||||
|
Banco BTG Pactual S.A., 5.75%, 09/28/2022(a) |
200,000 | 204,832 | ||||||
|
Banco do Brasil S.A., 3.88%, 10/10/2022 |
450,000 | 456,750 | ||||||
|
Caixa Economica Federal |
||||||||
|
3.50%, 11/07/2022(a) |
150,000 | 151,261 | ||||||
|
3.50%, 11/07/2022(a) |
200,000 | 201,681 | ||||||
|
Cielo USA, Inc., 3.75%, 11/16/2022(a) |
92,571 | 93,140 | ||||||
|
CSN Resources S.A., 7.63%, 04/17/2026(a) |
200,000 | 208,867 | ||||||
|
Embraer S.A., 5.15%, 06/15/2022 |
100,000 | 101,034 | ||||||
|
Itau Unibanco Holding S.A. |
||||||||
|
5.65%, 03/19/2022(a) |
200,000 | 200,250 | ||||||
|
5.65%, 03/19/2022(a) |
200,000 | 200,250 | ||||||
|
5.50%, 08/06/2022(a) |
200,000 | 202,732 | ||||||
|
5.50%, 08/06/2022(a) |
400,000 | 405,464 | ||||||
|
NBM US Holdings, Inc. |
||||||||
|
7.00%, 05/14/2026(a) |
200,000 | 206,949 | ||||||
|
7.00%, 05/14/2026(a) |
200,000 | 206,949 | ||||||
|
|
|
|||||||
| 3,240,159 | ||||||||
|
|
|
|||||||
|
Chile-0.34% |
||||||||
|
Chile Government International Bond, 2.25%, 10/30/2022 |
150,000 | 151,174 | ||||||
|
|
|
|||||||
|
China-8.21% |
||||||||
|
Baidu, Inc., 2.88%, 07/06/2022 |
200,000 | 200,666 | ||||||
|
Beijing Gas Singapore Capital Corp., 2.75%, 05/31/2022(a) |
200,000 | 200,407 | ||||||
|
China Construction Bank Corp., 3.00%, 12/04/2022(a) |
200,000 | 201,839 | ||||||
|
China Southern Power Grid International Finance BVI Co. Ltd. |
||||||||
|
2.75%, 05/08/2022(a) |
200,000 | 200,424 | ||||||
|
2.75%, 05/08/2022(a) |
200,000 | 200,424 | ||||||
|
China State Construction Finance Cayman II Ltd., 3.38%, 11/29/2022(a) |
200,000 | 201,641 | ||||||
|
CITIC Securities Finance MTN Co. Ltd., 3.25%, 04/20/2022(a) |
200,000 | 200,300 | ||||||
|
CNPC General Capital Ltd., 3.95%, 04/19/2022(a) |
200,000 | 200,642 | ||||||
|
COSCO Finance 2011 Ltd., 4.00%, 12/03/2022(a) |
200,000 | 202,917 | ||||||
|
Hongkong International Qingdao Co. Ltd., 4.25%, 12/04/2022(a) |
200,000 | 201,913 | ||||||
|
Industrial & Commercial Bank of China Ltd. |
||||||||
|
2.88%, 10/12/2022(a) |
200,000 | 201,268 | ||||||
|
2.96%, 11/08/2022 |
200,000 | 201,558 | ||||||
|
Sinopec Group Overseas Development (2012) Ltd., 3.90%, 05/17/2022(a) |
200,000 | 200,982 | ||||||
| Principal Amount |
Value | |||||||
|
China-(continued) |
||||||||
|
Sinopec Group Overseas Development (2017) Ltd. |
||||||||
|
3.00%, 04/12/2022(a) |
$ | 200,000 | $ | 200,325 | ||||
|
2.50%, 09/13/2022(a) |
200,000 | 200,546 | ||||||
|
Sinopec Group Overseas Development 2017 Ltd., 2.50%, 09/13/2022(a) |
200,000 | 200,546 | ||||||
|
State Grid Overseas Investment BVI Ltd., 2.75%, 05/04/2022(a) |
200,000 | 200,410 | ||||||
|
Zoomlion HK SPV Co. Ltd., 6.13%, 12/20/2022(a) |
200,000 | 202,506 | ||||||
|
|
|
|||||||
| 3,619,314 | ||||||||
|
|
|
|||||||
|
Colombia-3.31% |
||||||||
|
Banco Davivienda S.A. |
||||||||
|
5.88%, 07/09/2022(a) |
200,000 | 201,751 | ||||||
|
5.88%, 07/09/2022(a) |
200,000 | 201,751 | ||||||
|
Bancolombia S.A., 5.13%, 09/11/2022 |
200,000 | 202,750 | ||||||
|
Grupo Aval Ltd. |
||||||||
|
4.75%, 09/26/2022(a) |
400,000 | 402,444 | ||||||
|
4.75%, 09/26/2022(a) |
450,000 | 452,750 | ||||||
|
|
|
|||||||
| 1,461,446 | ||||||||
|
|
|
|||||||
|
India-5.50% |
||||||||
|
Axis Bank Ltd. |
||||||||
|
3.00%, 08/08/2022(a) |
200,000 | 200,720 | ||||||
|
3.00%, 08/08/2022(a) |
200,000 | 200,720 | ||||||
|
Bank of Baroda, 3.50%, 04/04/2022(a) |
200,000 | 200,232 | ||||||
|
Bharat Petroleum Corp. Ltd., 4.63%, 10/25/2022(a) |
200,000 | 203,282 | ||||||
|
Canara Bank, 3.25%, 08/10/2022(a) |
200,000 | 200,835 | ||||||
|
Greenko Solar Mauritius Ltd. |
||||||||
|
5.95%, 07/29/2026(a) |
200,000 | 207,750 | ||||||
|
5.95%, 07/29/2026(a) |
200,000 | 207,750 | ||||||
|
ICICI Bank Ltd., 3.25%, 09/09/2022(a) |
200,000 | 201,033 | ||||||
|
IndusInd Bank Ltd., 3.88%, 04/15/2022(a) |
200,000 | 199,970 | ||||||
|
JSW Steel Ltd., 5.25%, 04/13/2022(a) |
200,000 | 200,380 | ||||||
|
Shriram Transport Finance Co. Ltd. |
||||||||
|
5.95%, 10/24/2022(a) |
200,000 | 201,407 | ||||||
|
5.95%, 10/24/2022(a) |
200,000 | 201,407 | ||||||
|
|
|
|||||||
| 2,425,486 | ||||||||
|
|
|
|||||||
|
Indonesia-8.21% |
||||||||
|
Indonesia Government International Bond |
||||||||
|
3.75%, 04/25/2022(a) |
500,000 | 501,750 | ||||||
|
3.75%, 04/25/2022(a) |
600,000 | 602,100 | ||||||
|
Perusahaan Penerbit SBSN Indonesia III |
||||||||
|
3.40%, 03/29/2022(a) |
500,000 | 500,570 | ||||||
|
3.40%, 03/29/2022(a) |
400,000 | 400,456 | ||||||
|
3.30%, 11/21/2022(a) |
400,000 | 404,884 | ||||||
|
3.30%, 11/21/2022(a) |
400,000 | 404,884 | ||||||
|
PT Pertamina (Persero) |
||||||||
|
4.88%, 05/03/2022(a) |
400,000 | 401,966 | ||||||
|
4.88%, 05/03/2022(a) |
400,000 | 401,966 | ||||||
|
|
|
|||||||
| 3,618,576 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
179 |
||||
|
|
| |||
|
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Ireland-0.69% |
||||||||
|
Park Aerospace Holdings Ltd. |
||||||||
|
5.25%, 08/15/2022(a) |
$ | 200,000 | $ | 202,511 | ||||
|
5.25%, 08/15/2022(a) |
100,000 | 101,255 | ||||||
|
|
|
|||||||
| 303,766 | ||||||||
|
|
|
|||||||
|
Malaysia-4.57% |
||||||||
|
CIMB Bank Bhd., 3.26%, 03/15/2022(a) |
200,000 | 200,109 | ||||||
|
IOI Investment L Bhd., 4.38%, 06/27/2022(a) |
200,000 | 201,190 | ||||||
|
Petronas Capital Ltd. |
||||||||
|
3.13%, 03/18/2022(a) |
400,000 | 400,312 | ||||||
|
3.13%, 03/18/2022(a) |
200,000 | 200,156 | ||||||
|
7.88%, 05/22/2022(a) |
600,000 | 608,490 | ||||||
|
7.88%, 05/22/2022(a) |
200,000 | 202,830 | ||||||
|
SSG Resources Ltd., 4.25%, 10/04/2022(a) |
200,000 | 202,150 | ||||||
|
|
|
|||||||
| 2,015,237 | ||||||||
|
|
|
|||||||
|
Mexico-2.62% |
||||||||
|
Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander |
||||||||
|
4.13%, 11/09/2022(a) |
300,000 | 304,533 | ||||||
|
4.13%, 11/09/2022(a) |
400,000 | 406,044 | ||||||
|
Mexico Government International Bond, 8.00%, 09/24/2022 |
300,000 | 312,753 | ||||||
|
Petroleos Mexicanos, 5.38%, 03/13/2022 |
130,000 | 130,081 | ||||||
|
|
|
|||||||
| 1,153,411 | ||||||||
|
|
|
|||||||
|
Peru-1.15% |
||||||||
|
Banco BBVA Peru S.A. |
||||||||
|
5.00%, 08/26/2022(a) |
200,000 | 202,817 | ||||||
|
5.00%, 08/26/2022(a) |
200,000 | 202,817 | ||||||
|
Southern Copper Corp., 3.50%, 11/08/2022 |
100,000 | 101,181 | ||||||
|
|
|
|||||||
| 506,815 | ||||||||
|
|
|
|||||||
|
Philippines-0.46% |
||||||||
|
Union Bank of the Philippines, 3.37%, 11/29/2022(a) |
200,000 | 201,828 | ||||||
|
|
|
|||||||
|
Poland-3.89% |
||||||||
|
Powszechna Kasa Oszczednosci Bank Polski S.A. Via PKO Finance AB |
||||||||
|
4.63%, 09/26/2022(a) |
200,000 | 203,545 | ||||||
|
4.63%, 09/26/2022(a) |
400,000 | 407,091 | ||||||
|
Republic of Poland Government International Bond, 5.00%, 03/23/2022 |
1,100,000 | 1,102,836 | ||||||
|
|
|
|||||||
| 1,713,472 | ||||||||
|
|
|
|||||||
|
Russia-5.01% |
||||||||
|
Gazprom Neft OAO Via GPN Capital S.A. |
||||||||
|
4.38%, 09/19/2022(a) |
200,000 | 149,000 | ||||||
|
4.38%, 09/19/2022(a) |
200,000 | 149,000 | ||||||
|
Gazprom OAO Via Gaz Capital S.A., 4.95%, 07/19/2022(a) |
200,000 | 114,543 | ||||||
|
Gazprom PJSC Via Gaz Capital S.A. |
||||||||
|
6.51%, 03/07/2022(a) |
200,000 | 139,600 | ||||||
|
4.95%, 07/19/2022(a) |
200,000 | 114,543 | ||||||
|
Rosneft Oil Co. Via Rosneft International Finance DAC |
||||||||
|
4.20%, 03/06/2022(a) |
200,000 | 170,332 | ||||||
|
4.20%, 03/06/2022(a) |
200,000 | 170,332 | ||||||
| Principal Amount |
Value | |||||||
|
Russia-(continued) |
||||||||
|
Russian Foreign Bond - Eurobond |
||||||||
|
4.50%, 04/04/2022(a) |
$ | 600,000 | $ | 330,000 | ||||
|
4.50%, 04/04/2022(a) |
200,000 | 110,000 | ||||||
|
Sberbank of Russia Via SB Capital S.A. |
||||||||
|
5.13%, 10/29/2022(a) |
200,000 | 55,000 | ||||||
|
5.13%, 10/29/2022(a) |
200,000 | 55,000 | ||||||
|
Severstal OAO Via Steel Capital S.A. |
||||||||
|
5.90%, 10/17/2022(a) |
200,000 | 155,000 | ||||||
|
5.90%, 10/17/2022(a) |
200,000 | 155,000 | ||||||
|
Vnesheconombank Via VEB Finance PLC |
||||||||
|
6.03%, 07/05/2022(a) |
200,000 | 70,000 | ||||||
|
6.03%, 07/05/2022(a) |
200,000 | 70,000 | ||||||
|
VTB Bank OJSC Via VTB Capital S.A. 6.95%, 10/17/2022(a) |
200,000 | 101,000 | ||||||
|
6.95%, 10/17/2022(a) |
200,000 | 101,000 | ||||||
|
|
|
|||||||
| 2,209,350 | ||||||||
|
|
|
|||||||
|
South Africa-3.65% |
||||||||
|
Republic of South Africa Government International Bond, 5.88%, 05/30/2022 |
600,000 | 606,345 | ||||||
|
Sasol Financing International Ltd., 4.50%, 11/14/2022 |
400,000 | 402,810 | ||||||
|
Transnet SOC Ltd. |
||||||||
|
4.00%, 07/26/2022(a) |
200,000 | 199,323 | ||||||
|
4.00%, 07/26/2022(a) |
400,000 | 398,645 | ||||||
|
|
|
|||||||
| 1,607,123 | ||||||||
|
|
|
|||||||
|
Supranational-3.41% |
||||||||
|
Asian Development Bank |
||||||||
|
0.63%, 04/07/2022 |
550,000 | 550,161 | ||||||
|
1.88%, 07/19/2022 |
450,000 | 452,011 | ||||||
|
1.88%, 08/10/2022 |
100,000 | 100,502 | ||||||
|
1.75%, 09/13/2022 |
400,000 | 401,845 | ||||||
|
|
|
|||||||
| 1,504,519 | ||||||||
|
|
|
|||||||
|
Thailand-3.44% |
||||||||
|
Bangkok Bank PCL |
||||||||
|
3.88%, 09/27/2022(a) |
400,000 | 404,731 | ||||||
|
3.88%, 09/27/2022(a) |
200,000 | 202,365 | ||||||
|
Kasikornbank PCL, 2.38%, 04/06/2022(a) |
200,000 | 200,082 | ||||||
|
PTT Global Chemical PCL, 4.25%, 09/19/2022(a) |
500,000 | 506,351 | ||||||
|
Siam Commercial Bank PCL (The), 3.20%, 07/26/2022(a) |
200,000 | 201,132 | ||||||
|
|
|
|||||||
| 1,514,661 | ||||||||
|
|
|
|||||||
|
Turkey-8.21% |
||||||||
|
QNB Finansbank A.S. |
||||||||
|
4.88%, 05/19/2022(a) |
200,000 | 200,617 | ||||||
|
4.88%, 05/19/2022(a) |
200,000 | 200,617 | ||||||
|
T.C. Ziraat Bankasi A.S. |
||||||||
|
5.13%, 05/03/2022(a) |
200,000 | 200,452 | ||||||
|
5.13%, 05/03/2022(a) |
200,000 | 200,452 | ||||||
|
Turkey Government International Bond |
||||||||
|
5.13%, 03/25/2022 |
200,000 | 200,400 | ||||||
|
6.25%, 09/26/2022 |
800,000 | 810,352 | ||||||
|
Turkiye Garanti Bankasi A.S. |
||||||||
|
5.25%, 09/13/2022(a) |
200,000 | 201,992 | ||||||
|
5.25%, 09/13/2022(a) |
200,000 | 201,992 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
180 |
||||
|
|
| |||
|
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Turkey-(continued) |
||||||||
|
Turkiye Ihracat Kredi Bankasi A.S., 4.25%, 09/18/2022(a) |
$ | 200,000 | $ | 200,124 | ||||
|
Turkiye Is Bankasi A.S. |
||||||||
|
5.50%, 04/21/2022(a) |
200,000 | 200,511 | ||||||
|
5.50%, 04/21/2022(a) |
200,000 | 200,511 | ||||||
|
6.00%, 10/24/2022(a) |
200,000 | 200,819 | ||||||
|
6.00%, 10/24/2022(a) |
200,000 | 200,819 | ||||||
|
Turkiye Vakiflar Bankasi T.A.O., 5.63%, 05/30/2022(a) |
200,000 | 200,801 | ||||||
|
Yapi ve Kredi Bankasi A.S., 5.50%, 12/06/2022(a) |
200,000 | 200,070 | ||||||
|
|
|
|||||||
| 3,620,529 | ||||||||
|
|
|
|||||||
|
United Arab Emirates-7.76% |
||||||||
|
Abu Dhabi Government International Bond |
||||||||
|
2.50%, 10/11/2022(a) |
1,000,000 | 1,009,246 | ||||||
|
2.50%, 10/11/2022(a) |
1,000,000 | 1,009,246 | ||||||
|
BOS Funding Ltd., 4.23%, 03/07/2022(a) |
200,000 | 200,150 | ||||||
|
Emirates NBD Bank PJSC, 3.25%, 11/14/2022(a) |
200,000 | 202,509 | ||||||
|
First Abu Dhabi Bank PJSC, 3.00%, 03/30/2022(a) |
200,000 | 200,319 | ||||||
|
MDGH GMTN (RSC) Ltd. |
||||||||
|
5.50%, 03/01/2022(a) |
200,000 | 200,000 | ||||||
|
5.50%, 03/01/2022(a) |
600,000 | 600,000 | ||||||
|
|
|
|||||||
| 3,421,470 | ||||||||
|
|
|
|||||||
|
United Kingdom-0.48% |
||||||||
|
Jaguar Land Rover Automotive PLC, 7.75%, 10/15/2025(a) |
200,000 | 211,000 | ||||||
|
|
|
|||||||
| Principal Amount |
Value | |||||||
|
United States-0.93% |
||||||||
|
Pilgrim’s Pride Corp. |
||||||||
|
5.88%, 09/30/2027(a) |
$ | 100,000 | $ | 102,899 | ||||
|
5.88%, 09/30/2027(a) |
300,000 | 308,695 | ||||||
|
|
|
|||||||
| 411,594 | ||||||||
|
|
|
|||||||
|
Vietnam-0.46% |
||||||||
|
Vietnam Prosperity JSC Bank, 6.25%, 07/17/2022(a) |
200,000 | 201,100 | ||||||
|
|
|
|||||||
|
Virgin Islands (British)-0.45% |
||||||||
|
Zhaojin Mining International Finance Ltd., 5.50%, 03/01/2022(a) |
200,000 | 200,000 | ||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
35,670,903 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-15.58% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(b)(c) |
6,867,046 | 6,867,046 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-96.49% |
|
42,537,949 | ||||||
|
OTHER ASSETS LESS LIABILITIES-3.51% |
|
1,546,653 | ||||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 44,084,602 | ||||||
|
|
|
|||||||
Notes to Schedule of Investments:
| (a) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $29,185,694, which represented 66.20% of the Fund’s Net Assets. |
| (b) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 701,175 | $ | 11,069,550 | $ | (4,903,679 | ) | $ | - | $ | - | $ | 6,867,046 | $ | 158 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
400 | 804,290 | (804,690 | ) | - | - | - | 11 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
- | 1,877,347 | (1,877,326 | ) | - | (21 | ) | - | 141 | * | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 701,575 | $ | 13,751,187 | $ | (7,585,695 | ) | $ | - | $ | (21 | ) | $ | 6,867,046 | $ | 310 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (c) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
181 |
||||
|
|
| |||
|
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)–(continued) February 28, 2022 (Unaudited) |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
37.20 | |||||||
|
Sovereign Debt |
19.65 | |||||||
|
Energy |
11.28 | |||||||
|
Industrials |
4.23 | |||||||
|
Materials |
3.00 | |||||||
|
Sector Types Each Less Than 3% |
5.55 | |||||||
|
Money Market Funds Plus Other Assets Less Liabilities |
19.09 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
182 |
||||
|
|
| |||
|
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE) February 28, 2022 (Unaudited) |
Schedule of Investments
| Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-99.12% |
| |||||||
|
Brazil-9.28% |
||||||||
|
Banco Bradesco S.A., 2.85%, 01/27/2023(a) |
$ | 200,000 | $ | 200,978 | ||||
|
Banco BTG Pactual S.A., 5.50%, 01/31/2023(a) |
200,000 | 204,999 | ||||||
|
Banco do Brasil S.A. |
||||||||
|
5.88%, 01/19/2023(a) |
200,000 | 206,149 | ||||||
|
5.88%, 01/19/2023(a) |
200,000 | 206,149 | ||||||
|
4.88%, 04/19/2023(a) |
200,000 | 206,456 | ||||||
|
Banco Nacional de Desenvolvimento Economico e Social |
||||||||
|
5.75%, 09/26/2023(a) |
200,000 | 210,986 | ||||||
|
5.75%, 09/26/2023(a) |
200,000 | 210,986 | ||||||
|
Brazilian Government International Bond, 2.63%, 01/05/2023 |
400,000 | 404,024 | ||||||
|
Embraer Overseas Ltd. |
||||||||
|
5.70%, 09/16/2023(a) |
61,000 | 63,634 | ||||||
|
5.70%, 09/16/2023(a) |
100,000 | 104,318 | ||||||
|
Gerdau Trade, Inc., 4.75%, 04/15/2023(a) |
200,000 | 206,316 | ||||||
|
Itau Unibanco Holding S.A. |
||||||||
|
2.90%, 01/24/2023(a) |
200,000 | 201,231 | ||||||
|
5.13%, 05/13/2023(a) |
200,000 | 207,385 | ||||||
|
5.13%, 05/13/2023(a) |
500,000 | 518,463 | ||||||
|
|
|
|||||||
| 3,152,074 | ||||||||
|
|
|
|||||||
|
Chile-2.56% |
||||||||
|
Banco de Credito e Inversiones S.A., 4.00%, 02/11/2023(a) |
200,000 | 203,743 | ||||||
|
Inversiones CMPC S.A. |
||||||||
|
4.38%, 05/15/2023(a) |
200,000 | 203,745 | ||||||
|
4.38%, 05/15/2023(a) |
250,000 | 254,681 | ||||||
|
Transelec S.A., 4.63%, 07/26/2023(a) |
200,000 | 206,230 | ||||||
|
|
|
|||||||
| 868,399 | ||||||||
|
|
|
|||||||
|
China-8.79% |
||||||||
|
China Government International Bond |
||||||||
|
3.25%, 10/19/2023(a) |
290,000 | 297,795 | ||||||
|
0.40%, 10/21/2023(a) |
250,000 | 245,412 | ||||||
|
China Great Wall International Holdings III Ltd., 4.38%, 05/25/2023(a) |
200,000 | 204,051 | ||||||
|
China Overseas Finance Cayman VII Ltd., 4.25%, 04/26/2023(a) |
200,000 | 203,704 | ||||||
|
CNOOC Finance (2013) Ltd., 3.00%, 05/09/2023 |
200,000 | 202,551 | ||||||
|
CNPC General Capital Ltd. |
||||||||
|
3.40%, 04/16/2023(a) |
200,000 | 203,536 | ||||||
|
3.40%, 04/16/2023(a) |
200,000 | 203,536 | ||||||
|
Industrial & Commercial Bank of China Ltd. |
||||||||
|
1.00%, 07/20/2023(a) |
200,000 | 197,924 | ||||||
|
1.00%, 09/09/2023(a) |
200,000 | 197,653 | ||||||
|
Sinopec Group Overseas Development (2013) Ltd. |
||||||||
|
4.38%, 10/17/2023(a) |
200,000 | 207,570 | ||||||
|
4.38%, 10/17/2023(a) |
200,000 | 207,570 | ||||||
|
State Grid Overseas Investment (2013) Ltd., 3.13%, 05/22/2023(a) |
200,000 | 203,455 | ||||||
| Principal Amount |
Value | |||||||
|
China-(continued) |
||||||||
|
State Grid Overseas Investment BVI Ltd. |
||||||||
|
3.75%, 05/02/2023(a) |
$ | 200,000 | $ | 204,769 | ||||
|
3.75%, 05/02/2023(a) |
200,000 | 204,769 | ||||||
|
|
|
|||||||
| 2,984,295 | ||||||||
|
|
|
|||||||
|
Colombia-1.78% |
||||||||
|
Banco de Bogota S.A., 5.38%, 02/19/2023(a) |
200,000 | 204,380 | ||||||
|
Colombia Government International Bond, 2.63%, 03/15/2023 |
400,000 | 401,092 | ||||||
|
|
|
|||||||
| 605,472 | ||||||||
|
|
|
|||||||
|
Egypt-2.38% |
||||||||
|
Egypt Government International Bond |
||||||||
|
5.58%, 02/21/2023(a) |
200,000 | 202,359 | ||||||
|
5.58%, 02/21/2023(a)(b) |
300,000 | 303,539 | ||||||
|
4.55%, 11/20/2023(a) |
300,000 | 300,817 | ||||||
|
|
|
|||||||
| 806,715 | ||||||||
|
|
|
|||||||
|
Hong Kong-0.58% |
||||||||
|
BOSCI BVI Ltd., 1.25%, 09/10/2023(a) |
200,000 | 196,847 | ||||||
|
|
|
|||||||
|
Hungary-2.46% |
||||||||
|
Hungary Government International Bond |
||||||||
|
5.38%, 02/21/2023 |
500,000 | 516,416 | ||||||
|
5.75%, 11/22/2023 |
300,000 | 317,471 | ||||||
|
|
|
|||||||
| 833,887 | ||||||||
|
|
|
|||||||
|
India-5.94% |
||||||||
|
Bharti Airtel International Netherlands B.V., 5.13%, 03/11/2023(a) |
200,000 | 205,918 | ||||||
|
Export-Import Bank of India, 4.00%, 01/14/2023(a) |
200,000 | 203,304 | ||||||
|
IIFL Finance Ltd., 5.88%, 04/20/2023(a) |
400,000 | 389,080 | ||||||
|
Indian Oil Corp. Ltd., 5.75%, 08/01/2023(a) |
400,000 | 419,084 | ||||||
|
Shriram Transport Finance Co. Ltd. |
||||||||
|
5.10%, 07/16/2023(a) |
200,000 | 201,607 | ||||||
|
5.10%, 07/16/2023(a) |
200,000 | 201,607 | ||||||
|
Yes Bank Ifsc Banking Unit Branch, 3.75%, 02/06/2023(a) |
400,000 | 397,900 | ||||||
|
|
|
|||||||
| 2,018,500 | ||||||||
|
|
|
|||||||
|
Indonesia-9.35% |
||||||||
|
Indonesia Government International Bond |
||||||||
|
2.95%, 01/11/2023 |
500,000 | 505,518 | ||||||
|
3.38%, 04/15/2023(a) |
400,000 | 407,800 | ||||||
|
3.38%, 04/15/2023(a) |
400,000 | 407,800 | ||||||
|
5.38%, 10/17/2023(a) |
200,000 | 211,568 | ||||||
|
5.38%, 10/17/2023(a) |
200,000 | 211,568 | ||||||
|
Perusahaan Penerbit SBSN Indonesia III |
||||||||
|
3.75%, 03/01/2023(a) |
500,000 | 509,737 | ||||||
|
3.75%, 03/01/2023(a) |
200,000 | 203,895 | ||||||
|
PT Pertamina (Persero) |
||||||||
|
4.30%, 05/20/2023(a) |
200,000 | 204,603 | ||||||
|
4.30%, 05/20/2023(a) |
300,000 | 306,905 | ||||||
|
PT Tower Bersama Infrastructure Tbk, 4.25%, 01/21/2025(a) |
200,000 | 206,717 | ||||||
|
|
|
|||||||
| 3,176,111 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
183 |
||||
|
|
| |||
|
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
Ireland-0.61% |
||||||||
|
Avolon Holdings Funding Ltd., 5.13%, 10/01/2023(a) |
$ | 100,000 | $ | 103,630 | ||||
|
Park Aerospace Holdings Ltd., 4.50%, 03/15/2023(a) |
100,000 | 102,126 | ||||||
|
|
|
|||||||
| 205,756 | ||||||||
|
|
|
|||||||
|
Mexico-3.66% |
||||||||
|
Alpek S.A.B. de C.V., 5.38%, 08/08/2023(a) |
200,000 | 207,713 | ||||||
|
Alsea S.A.B. de C.V., 7.75%, 12/14/2026(a) |
200,000 | 206,457 | ||||||
|
Fresnillo PLC, 5.50%, 11/13/2023(a) |
200,000 | 209,770 | ||||||
|
Petroleos Mexicanos |
||||||||
|
3.50%, 01/30/2023 |
200,000 | 200,984 | ||||||
|
4.63%, 09/21/2023 |
100,000 | 102,322 | ||||||
|
Unifin Financiera S.A.B. de C.V., 7.25%, 09/27/2023(a) |
200,000 | 139,817 | ||||||
|
Unifin Financiera S.A.B. de C.V., SOFOM, E.N.R.,
7.25%, |
250,000 | 174,771 | ||||||
|
|
|
|||||||
| 1,241,834 | ||||||||
|
|
|
|||||||
|
Peru-3.14% |
||||||||
|
Banco de Credito del Peru |
||||||||
|
4.25%, 04/01/2023(a) |
200,000 | 204,239 | ||||||
|
4.25%, 04/01/2023(a) |
100,000 | 102,119 | ||||||
|
Banco Internacional del Peru SAA Interbank |
||||||||
|
3.38%, 01/18/2023(a) |
200,000 | 201,683 | ||||||
|
3.38%, 01/18/2023(a) |
100,000 | 100,842 | ||||||
|
Fondo MIVIVIENDA S.A., 3.50%, 01/31/2023(a) |
200,000 | 201,993 | ||||||
|
Gas Natural de Lima y Callao S.A., 4.38%, 04/01/2023(a) |
250,000 | 254,964 | ||||||
|
|
|
|||||||
| 1,065,840 | ||||||||
|
|
|
|||||||
|
Philippines-1.78% |
||||||||
|
BDO Unibank, Inc., 2.95%, 03/06/2023(a) |
400,000 | 401,300 | ||||||
|
Rizal Commercial Banking Corp., 4.13%, 03/16/2023(a) |
200,000 | 202,500 | ||||||
|
|
|
|||||||
| 603,800 | ||||||||
|
|
|
|||||||
|
Poland-1.25% |
||||||||
|
Republic of Poland Government International Bond, 3.00%, 03/17/2023 |
420,000 | 424,688 | ||||||
|
|
|
|||||||
|
Qatar-7.84% |
||||||||
|
AKCB Finance Ltd., 4.75%, 10/09/2023(a) |
200,000 | 207,481 | ||||||
|
Ooredoo International Finance Ltd. |
||||||||
|
3.25%, 02/21/2023(a) |
400,000 | 405,508 | ||||||
|
3.25%, 02/21/2023(a) |
200,000 | 202,754 | ||||||
|
Qatar Government International Bond |
||||||||
|
3.88%, 04/23/2023(a) |
1,200,000 | 1,233,044 | ||||||
|
3.88%, 04/23/2023(a) |
200,000 | 205,507 | ||||||
|
SoQ Sukuk A QSC, 3.24%, 01/18/2023(a) |
400,000 | 407,041 | ||||||
|
|
|
|||||||
| 2,661,335 | ||||||||
|
|
|
|||||||
|
Russia-5.27% |
||||||||
|
Gazprom Neft OAO Via GPN Capital S.A. |
||||||||
|
6.00%, 11/27/2023(a) |
500,000 | 318,572 | ||||||
|
6.00%, 11/27/2023(a) |
400,000 | 254,858 | ||||||
|
Lukoil International Finance B.V. |
||||||||
|
4.56%, 04/24/2023(a) |
200,000 | 105,998 | ||||||
|
4.56%, 04/24/2023(a) |
500,000 | 264,996 | ||||||
| Principal Amount |
Value | |||||||
|
Russia-(continued) |
||||||||
|
Mobile Telesystems OJSC Via MTS International Funding DAC, 5.00%, 05/30/2023(a) |
$ | 200,000 | $ | 164,514 | ||||
|
Russian Foreign Bond - Eurobond |
||||||||
|
4.88%, 09/16/2023(a) |
400,000 | 206,688 | ||||||
|
4.88%, 09/16/2023(a) |
600,000 | 310,031 | ||||||
|
Vnesheconombank Via VEB Finance PLC, 5.94%, 11/21/2023(a) |
650,000 | 162,500 | ||||||
|
|
|
|||||||
| 1,788,157 | ||||||||
|
|
|
|||||||
|
South Africa-1.71% |
||||||||
|
Eskom Holdings SOC Ltd., 6.75%, 08/06/2023(a) |
200,000 | 199,750 | ||||||
|
Growthpoint Properties International Pty. Ltd., 5.87%, 05/02/2023(a) |
375,000 | 380,839 | ||||||
|
|
|
|||||||
| 580,589 | ||||||||
|
|
|
|||||||
|
Supranational-6.41% |
||||||||
|
Asian Development Bank |
||||||||
|
1.63%, 01/24/2023 |
500,000 | 502,610 | ||||||
|
2.75%, 03/17/2023 |
400,000 | 406,616 | ||||||
|
0.25%, 07/14/2023 |
435,000 | 428,899 | ||||||
|
0.25%, 10/06/2023 |
400,000 | 393,042 | ||||||
|
Asian Infrastructure Investment Bank (The), 0.25%, 09/29/2023 |
250,000 | 245,788 | ||||||
|
New Development Bank (The), 0.63%, 06/23/2023(a) |
200,000 | 197,772 | ||||||
|
|
|
|||||||
| 2,174,727 | ||||||||
|
|
|
|||||||
|
Switzerland-0.60% |
||||||||
|
Syngenta Finance N.V., 4.44%, 04/24/2023(a) . |
200,000 | 204,385 | ||||||
|
|
|
|||||||
|
Thailand-1.21% |
||||||||
|
Bangkok Bank PCL, 5.00%, 10/03/2023(a) |
200,000 | 209,645 | ||||||
|
Siam Commercial Bank PCL (The), 2.75%, 05/16/2023(a) |
200,000 | 201,938 | ||||||
|
|
|
|||||||
| 411,583 | ||||||||
|
|
|
|||||||
|
Turkey-10.36% |
||||||||
|
Arcelik A.S., 5.00%, 04/03/2023(a) |
200,000 | 199,947 | ||||||
|
Hazine Mustesarligi Varlik Kiralama A.S. |
||||||||
|
5.00%, 04/06/2023(a) |
200,000 | 200,626 | ||||||
|
5.00%, 04/06/2023(a) |
500,000 | 501,565 | ||||||
|
KOC Holding A.S. |
||||||||
|
5.25%, 03/15/2023(a) |
200,000 | 200,547 | ||||||
|
5.25%, 03/15/2023(a) |
200,000 | 200,547 | ||||||
|
Petkim Petrokimya Holding A.S., 5.88%, 01/26/2023(a) |
200,000 | 198,790 | ||||||
|
Roenesans Gayrimenkul Yatirim A.S., 7.25%, 04/26/2023(a) |
200,000 | 195,688 | ||||||
|
Turkey Government International Bond |
||||||||
|
3.25%, 03/23/2023 |
400,000 | 394,476 | ||||||
|
7.25%, 12/23/2023 |
500,000 | 510,998 | ||||||
|
Turkiye Garanti Bankasi A.S., 5.88%, 03/16/2023(a) |
200,000 | 202,958 | ||||||
|
Turkiye Vakiflar Bankasi T.A.O., 5.75%, 01/30/2023(a) |
200,000 | 202,150 | ||||||
|
Yapi ve Kredi Bankasi A.S. |
||||||||
|
6.10%, 03/16/2023(a) |
100,000 | 101,691 | ||||||
|
6.10%, 03/16/2023(a) |
400,000 | 406,766 | ||||||
|
|
|
|||||||
| 3,516,749 | ||||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
184 |
||||
|
|
| |||
|
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)–(continued) February 28, 2022 (Unaudited) |
| Principal Amount |
Value | |||||||
|
United Arab Emirates-10.63% |
||||||||
|
Abu Dhabi Government International Bond |
||||||||
|
0.75%, 09/02/2023(a) |
$ | 600,000 | $ | 592,306 | ||||
|
0.75%, 09/02/2023(a) |
575,000 | 567,627 | ||||||
|
Abu Dhabi National Energy Co. PJSC |
||||||||
|
3.63%, 01/12/2023(a) |
200,000 | 203,592 | ||||||
|
3.63%, 01/12/2023(a) |
200,000 | 203,592 | ||||||
|
ADCB Finance Cayman Ltd. |
||||||||
|
4.50%, 03/06/2023(a) |
200,000 | 204,879 | ||||||
|
4.00%, 03/29/2023(a) |
200,000 | 204,320 | ||||||
|
AHB Sukuk Co. Ltd., 4.38%, 09/19/2023(a) |
200,000 | 206,114 | ||||||
|
Alpha Star Holding V Ltd., 6.63%, 04/18/2023(a) |
200,000 | 203,782 | ||||||
|
DP World Crescent Ltd. |
||||||||
|
3.91%, 05/31/2023(a) |
200,000 | 204,333 | ||||||
|
3.91%, 05/31/2023(a) |
400,000 | 408,666 | ||||||
|
Fab Sukuk Co. Ltd., 3.63%, 03/05/2023(a) |
200,000 | 203,665 | ||||||
|
MDGH GMTN (RSC) Ltd., 2.75%, 05/11/2023(a) |
200,000 | 202,377 | ||||||
|
SIB Sukuk Co. III Ltd., 4.23%, 04/18/2023(a) |
200,000 | 204,982 | ||||||
|
|
|
|||||||
| 3,610,235 | ||||||||
|
|
|
|||||||
|
United Kingdom-0.60% |
||||||||
|
Avon Products, Inc., 6.50%, 03/15/2023(b) |
200,000 | 203,487 | ||||||
|
|
|
|||||||
|
United States-0.93% |
||||||||
|
JBS USA LUX S.A./JBS USA Finance, Inc. |
||||||||
|
6.75%, 02/15/2028(a) |
200,000 | 210,906 | ||||||
|
6.75%, 02/15/2028(a) |
100,000 | 105,453 | ||||||
|
|
|
|||||||
| 316,359 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
33,651,824 | ||||||
|
|
|
|||||||
| Shares | Value | |||||||
|
Money Market Funds-0.85% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, 0.03%(c)(d) |
287,935 | $ | 287,935 | |||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES (excluding investments
purchased with cash collateral from securities on loan)-99.97% |
33,939,759 | |||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-2.16% |
| |||||||
|
Invesco Private Government Fund, |
219,508 | 219,508 | ||||||
|
Invesco Private Prime Fund, 0.08%(c)(d)(e) |
512,138 | 512,189 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
731,697 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-102.13% |
|
34,671,456 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(2.13)% |
|
(721,743 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 33,949,713 | ||||||
|
|
|
|||||||
Notes to Schedule of Investments:
| (a) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $27,490,842, which represented 80.98% of the Fund’s Net Assets. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 43,213 | $ | 1,184,044 | $ | (939,322 | ) | $ | - | $ | - | $ | 287,935 | $ | 17 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
347,484 | 2,359,809 | (2,487,785 | ) | - | - | 219,508 | 60 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
810,795 | 4,870,386 | (5,168,664 | ) | (2 | ) | (326 | ) | 512,189 | 585 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 1,201,492 | $ | 8,414,239 | $ | (8,595,771 | ) | $ | (2 | ) | $ | (326 | ) | $ | 1,019,632 | $ | 662 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
185 |
||||
|
|
| |||
|
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)–(continued) February 28, 2022 (Unaudited) |
| (d) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (e) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Financials |
34.78 | |||||||
|
Sovereign Debt |
32.99 | |||||||
|
Energy |
9.42 | |||||||
|
Utilities |
4.95 | |||||||
|
Materials |
4.38 | |||||||
|
Communication Services |
3.49 | |||||||
|
Industrials |
3.48 | |||||||
|
Sector Types Each Less Than 3% |
5.63 | |||||||
|
Money Market Funds Plus Other Assets Less Liabilities |
0.88 | |||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
186 |
||||
|
|
| |||
|
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE) February 28, 2022 (Unaudited) |
Schedule of Investments
|
Principal Amount |
Value | |||||||
|
U.S. Dollar Denominated Bonds & Notes-98.23% |
| |||||||
|
Brazil-10.14% |
||||||||
|
Banco Daycoval S.A., 4.25%, 12/13/2024(a) |
$150,000 | $ | 150,862 | |||||
|
Banco do Brasil S.A., 4.75%, 03/20/2024(a) |
200,000 | 206,857 | ||||||
|
Banco Nacional de Desenvolvimento Economico e Social, 4.75%, 05/09/2024(a) |
200,000 | 210,200 | ||||||
|
Banco Votorantim S.A., 4.50%, 09/24/2024(a) |
200,000 | 205,227 | ||||||
|
Brazilian Government International Bond, 8.88%, 04/15/2024 |
400,000 | 458,604 | ||||||
|
Cemig Geracao e Transmissao S.A., 9.25%, 12/05/2024(a) |
200,000 | 219,058 | ||||||
|
Cosan S.A., 5.50%, 09/20/2029(a) |
200,000 | 199,612 | ||||||
|
CSN Inova Ventures |
||||||||
|
6.75%, 01/28/2028(a)(b) |
200,000 | 207,220 | ||||||
|
6.75%, 01/28/2028(a) |
200,000 | 207,220 | ||||||
|
Petrobras Global Finance B.V., 6.25%, 03/17/2024 |
290,000 | 307,374 | ||||||
|
Rio Oil Finance Trust |
||||||||
|
Series 2014-1, 9.25%, 07/06/2024(a) |
89,035 | 94,191 | ||||||
|
Series 2014-1, 9.25%, 07/06/2024(a) |
89,035 | 94,191 | ||||||
|
|
|
|||||||
| 2,560,616 | ||||||||
|
|
|
|||||||
|
Cayman Islands-1.32% |
| |||||||
|
Global Aircraft Leasing Co. Ltd. |
||||||||
|
6.50%, 7.25% PIK Rate, 6.50% Cash Rate, 09/15/2024(a)(c) |
200,000 | 190,335 | ||||||
|
6.50%, 7.25% PIK Rate, 6.50% Cash Rate, 09/15/2024(a)(c) |
150,000 | 142,751 | ||||||
|
|
|
|||||||
| 333,086 | ||||||||
|
|
|
|||||||
|
Chile-1.64% |
| |||||||
|
Empresa Nacional del Petroleo, 4.38%, 10/30/2024(a) |
400,000 | 414,520 | ||||||
|
|
|
|||||||
|
China-7.25% |
| |||||||
|
AAC Technologies Holdings, Inc., 3.00%, 11/27/2024(a) |
200,000 | 195,427 | ||||||
|
Alibaba Group Holding Ltd., 3.60%, 11/28/2024 . |
200,000 | 205,535 | ||||||
|
China Construction Bank Corp., 0.86%, 04/22/2024(a) |
200,000 | 195,497 | ||||||
|
China Development Bank, 0.63%, 09/09/2024(a) |
200,000 | 194,323 | ||||||
|
Export-Import Bank of China (The) |
||||||||
|
3.63%, 07/31/2024(a) |
200,000 | 209,148 | ||||||
|
3.63%, 07/31/2024(a) |
200,000 | 209,148 | ||||||
|
State Grid Overseas Investment (2014) Ltd. |
||||||||
|
4.13%, 05/07/2024(a) |
200,000 | 209,264 | ||||||
|
4.13%, 05/07/2024(a) |
200,000 | 209,264 | ||||||
|
Tencent Holdings Ltd., 3.28%, 04/11/2024(a) |
200,000 | 204,479 | ||||||
|
|
|
|||||||
| 1,832,085 | ||||||||
|
|
|
|||||||
|
Colombia-2.50% |
| |||||||
|
Colombia Government International Bond |
||||||||
|
4.00%, 02/26/2024 |
200,000 | 203,431 | ||||||
|
8.13%, 05/21/2024(b) |
200,000 | 221,303 | ||||||
|
SURA Asset Management S.A., 4.88%, 04/17/2024(a) |
200,000 | 205,726 | ||||||
|
|
|
|||||||
| 630,460 | ||||||||
|
|
|
|||||||
|
Principal Amount |
Value | |||||||
|
Egypt-3.98% |
| |||||||
|
Egypt Government International Bond |
||||||||
|
6.20%, 03/01/2024(a) |
$800,000 | $ | 805,656 | |||||
|
5.75%, 05/29/2024(a) |
200,000 | 198,926 | ||||||
|
|
|
|||||||
| 1,004,582 | ||||||||
|
|
|
|||||||
|
Hong Kong-0.85% |
| |||||||
|
King Power Capital Ltd., 5.63%, 11/03/2024(a) |
200,000 | 216,154 | ||||||
|
|
|
|||||||
|
Hungary-1.26% |
| |||||||
|
Hungary Government International Bond, 5.38%, 03/25/2024 |
300,000 | 318,345 | ||||||
|
|
|
|||||||
|
India-8.31% |
| |||||||
|
ABJA Investment Co. Pte. Ltd., 5.95%, 07/31/2024(a) |
600,000 | 636,852 | ||||||
|
Bharti Airtel International Netherlands B.V. |
||||||||
|
5.35%, 05/20/2024(a) |
200,000 | 210,912 | ||||||
|
5.35%, 05/20/2024(a) |
200,000 | 210,912 | ||||||
|
Export-Import Bank of India, 3.88%, 03/12/2024(a) |
200,000 | 205,272 | ||||||
|
Indian Oil Corp. Ltd., 4.75%, 01/16/2024(a) |
200,000 | 207,885 | ||||||
|
JSW Steel Ltd., 5.95%, 04/18/2024(a) |
200,000 | 206,570 | ||||||
|
Oil India Ltd., 5.38%, 04/17/2024(a) |
200,000 | 210,903 | ||||||
|
ONGC Videsh Ltd., 4.63%, 07/15/2024(a) |
200,000 | 208,965 | ||||||
|
|
|
|||||||
| 2,098,271 | ||||||||
|
|
|
|||||||
|
Indonesia-9.92% |
| |||||||
|
Indonesia Government International Bond |
||||||||
|
5.88%, 01/15/2024(a) |
200,000 | 214,170 | ||||||
|
5.88%, 01/15/2024(a) |
200,000 | 214,170 | ||||||
|
4.45%, 02/11/2024 |
200,000 | 209,814 | ||||||
|
Perusahaan Penerbit SBSN Indonesia III |
||||||||
|
3.90%, 08/20/2024(a) |
200,000 | 208,385 | ||||||
|
3.90%, 08/20/2024(a) |
200,000 | 208,385 | ||||||
|
4.35%, 09/10/2024(a) |
400,000 | 420,132 | ||||||
|
4.35%, 09/10/2024(a) |
200,000 | 210,066 | ||||||
|
PT Pelabuhan Indonesia III (Persero), 4.88%, 10/01/2024(a) |
200,000 | 208,274 | ||||||
|
PT Perusahaan Gas Negara Tbk |
||||||||
|
5.13%, 05/16/2024(a) |
200,000 | 208,321 | ||||||
|
5.13%, 05/16/2024(a) |
200,000 | 208,321 | ||||||
|
PT Saka Energi Indonesia, 4.45%, 05/05/2024(a) |
200,000 | 194,318 | ||||||
|
|
|
|||||||
| 2,504,356 | ||||||||
|
|
|
|||||||
|
Ireland-1.24% |
| |||||||
|
Park Aerospace Holdings Ltd. |
||||||||
|
5.50%, 02/15/2024(a) |
200,000 | 209,685 | ||||||
|
5.50%, 02/15/2024(a) |
100,000 | 104,842 | ||||||
|
|
|
|||||||
| 314,527 | ||||||||
|
|
|
|||||||
|
Mexico-8.93% |
| |||||||
|
Alfa S.A.B. de C.V., 5.25%, 03/25/2024(a) |
200,000 | 206,226 | ||||||
|
Banco Inbursa S.A., Institucion De Banca Multiple Grupo, Financiero Inbursa |
||||||||
|
4.13%, 06/06/2024(a) |
150,000 | 153,783 | ||||||
|
4.13%, 06/06/2024(a) |
150,000 | 153,783 | ||||||
|
Cemex S.A.B. de C.V. |
||||||||
|
5.45%, 11/19/2029(a) |
200,000 | 198,820 | ||||||
|
5.45%, 11/19/2029(a) |
200,000 | 198,820 | ||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
187 |
||||
|
|
| |||
|
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE)–(continued) February 28, 2022 (Unaudited) |
|
Principal Amount |
Value | |||||||
|
Mexico-(continued) |
| |||||||
|
Comision Federal de Electricidad |
||||||||
|
4.88%, 01/15/2024(a) |
$200,000 | $ | 206,966 | |||||
|
4.88%, 01/15/2024(a) |
400,000 | 413,932 | ||||||
|
Grupo Bimbo S.A.B. de C.V. |
||||||||
|
3.88%, 06/27/2024(a)(b) |
200,000 | 206,871 | ||||||
|
3.88%, 06/27/2024(a) |
200,000 | 206,871 | ||||||
|
Petroleos Mexicanos, 4.88%, 01/18/2024 |
300,000 | 308,317 | ||||||
|
|
|
|||||||
| 2,254,389 | ||||||||
|
|
|
|||||||
|
Philippines-4.33% |
| |||||||
|
Philippine Government International Bond |
||||||||
|
4.20%, 01/21/2024(b) |
300,000 | 309,780 | ||||||
|
7.50%, 09/25/2024 |
200,000 | 216,047 | ||||||
|
Philippine National Bank, 3.28%, 09/27/2024(a) |
200,000 | 200,948 | ||||||
|
Power Sector Assets and Liabilities Management Corp. |
||||||||
|
7.39%, 12/02/2024(a) |
200,000 | 226,416 | ||||||
|
7.39%, 12/02/2024(a) |
125,000 | 141,510 | ||||||
|
|
|
|||||||
| 1,094,701 | ||||||||
|
|
|
|||||||
|
Poland-1.64% |
| |||||||
|
Republic of Poland Government International Bond, 4.00%, 01/22/2024 |
400,000 | 413,634 | ||||||
|
|
|
|||||||
|
Qatar-3.66% |
| |||||||
|
Qatar Government International Bond, 3.38%, 03/14/2024(a) |
500,000 | 514,409 | ||||||
|
QNB Finance Ltd., 3.50%, 03/28/2024(a) |
400,000 | 408,960 | ||||||
|
|
|
|||||||
| 923,369 | ||||||||
|
|
|
|||||||
|
Singapore-0.78% |
| |||||||
|
BOC Aviation USA Corp., 1.63%, 04/29/2024(a) |
200,000 | 196,780 | ||||||
|
|
|
|||||||
|
South Africa-3.22% |
| |||||||
|
MTN (Mauritius) Investments Ltd. |
||||||||
|
4.76%, 11/11/2024(a) |
200,000 | 201,524 | ||||||
|
4.76%, 11/11/2024(a) |
200,000 | 201,524 | ||||||
|
Republic of South Africa Government International Bond, 4.67%, 01/17/2024 |
200,000 | 205,637 | ||||||
|
Sasol Financing USA LLC, 5.88%, 03/27/2024 |
200,000 | 203,748 | ||||||
|
|
|
|||||||
| 812,433 | ||||||||
|
|
|
|||||||
|
Supranational-6.57% |
| |||||||
|
Asian Development Bank |
||||||||
|
2.63%, 01/30/2024 |
550,000 | 562,348 | ||||||
|
0.38%, 06/11/2024 |
200,000 | 194,727 | ||||||
|
1.50%, 10/18/2024 |
500,000 | 498,744 | ||||||
|
Asian Infrastructure Investment Bank (The), 2.25%, 05/16/2024 |
200,000 | 202,536 | ||||||
|
Black Sea Trade & Development Bank, 3.50%, 06/25/2024(a) |
200,000 | 202,000 | ||||||
|
|
|
|||||||
| 1,660,355 | ||||||||
|
|
|
|||||||
|
Turkey-10.20% |
| |||||||
|
Coca-Cola Icecek A.S., 4.22%, 09/19/2024(a) |
200,000 | 201,625 | ||||||
|
Hazine Mustesarligi Varlik Kiralama A.S., 4.49%, 11/25/2024(a) |
200,000 | 193,500 | ||||||
|
Turk Telekomunikasyon A.S. |
||||||||
|
4.88%, 06/19/2024(a) |
200,000 | 193,866 | ||||||
|
4.88%, 06/19/2024(a) |
200,000 | 193,866 | ||||||
|
Turkey Government International Bond 5.75%, 03/22/2024 |
200,000 | 197,750 | ||||||
|
Principal Amount |
Value | |||||||
|
Turkey-(continued) |
| |||||||
|
6.35%, 08/10/2024 |
$400,000 | $ | 398,450 | |||||
|
5.60%, 11/14/2024 |
400,000 | 389,760 | ||||||
|
Turkiye Is Bankasi A.S., 6.13%, 04/25/2024(a) |
600,000 | 601,278 | ||||||
|
Turkiye Vakiflar Bankasi T.A.O., 8.13%, 03/28/2024(a) |
200,000 | 206,685 | ||||||
|
|
|
|||||||
| 2,576,780 | ||||||||
|
|
|
|||||||
|
United Arab Emirates-8.84% |
| |||||||
|
Abu Dhabi Government International Bond |
||||||||
|
2.13%, 09/30/2024(a) |
200,000 | 200,756 | ||||||
|
2.13%, 09/30/2024(a) |
400,000 | 401,512 | ||||||
|
Abu Dhabi National Energy Co. PJSC, 3.88%, 05/06/2024(a) |
200,000 | 206,885 | ||||||
|
DAE Funding LLC, 1.55%, 08/01/2024(a) |
200,000 | 192,196 | ||||||
|
EMG Sukuk Ltd., 4.56%, 06/18/2024(a) |
200,000 | 206,036 | ||||||
|
Emirates Telecommunications Group Co. PJSC, 3.50%, 06/18/2024(a) |
200,000 | 205,582 | ||||||
|
MAF Global Securities Ltd., 4.75%, 05/07/2024(a) |
200,000 | 207,162 | ||||||
|
MDGH GMTN (RSC) Ltd. |
||||||||
|
3.00%, 04/19/2024(a) |
200,000 | 203,412 | ||||||
|
2.50%, 11/07/2024(a) |
200,000 | 201,375 | ||||||
|
Sharjah Sukuk Ltd., 3.76%, 09/17/2024(a) |
200,000 | 207,458 | ||||||
|
|
|
|||||||
| 2,232,374 | ||||||||
|
|
|
|||||||
|
Vietnam-1.65% |
| |||||||
|
Vietnam Government International Bond |
||||||||
|
4.80%, 11/19/2024(a) |
200,000 | 208,521 | ||||||
|
4.80%, 11/19/2024(a) |
200,000 | 208,521 | ||||||
|
|
|
|||||||
| 417,042 | ||||||||
|
|
|
|||||||
|
Total U.S. Dollar Denominated Bonds &
Notes |
|
24,808,859 | ||||||
|
|
|
|||||||
| Shares | ||||||||
|
Money Market Funds-0.53% |
| |||||||
|
Invesco Government & Agency Portfolio,
Institutional Class, |
133,271 | 133,271 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES |
|
24,942,130 | ||||||
|
|
|
|||||||
| Investments Purchased with Cash Collateral from Securities on Loan |
| |||||||
|
Money Market Funds-3.82% |
||||||||
|
Invesco Private Government Fund, |
289,236 | 289,236 | ||||||
|
Invesco Private Prime Fund, |
674,817 | 674,884 | ||||||
|
|
|
|||||||
|
Total Investments Purchased with Cash Collateral from
Securities on Loan |
|
964,120 | ||||||
|
|
|
|||||||
|
TOTAL INVESTMENTS IN SECURITIES-102.58% |
|
25,906,250 | ||||||
|
OTHER ASSETS LESS LIABILITIES-(2.58)% |
|
(651,101 | ) | |||||
|
|
|
|||||||
|
NET ASSETS-100.00% |
$ | 25,255,149 | ||||||
|
|
|
|||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
188 |
||||
|
|
| |||
|
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE)–(continued) February 28, 2022 (Unaudited) |
Investment Abbreviations:
PIK-Pay-in-Kind
Notes to Schedule of Investments:
| (a) |
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 28, 2022 was $18,782,975, which represented 74.37% of the Fund’s Net Assets. |
| (b) |
All or a portion of this security was out on loan at February 28, 2022. |
| (c) |
All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities. |
| (d) |
Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the six months ended February 28, 2022. |
| Value August 31, 2021 |
Purchases at Cost |
Proceeds from Sales |
Change
in Unrealized Appreciation (Depreciation) |
Realized Gain (Loss) |
Value February 28, 2022 |
Dividend Income | |||||||||||||||||||||||||||||
|
Investments in Affiliated Money Market Funds: |
|||||||||||||||||||||||||||||||||||
|
Invesco Government & Agency Portfolio, Institutional Class |
$ | 294,311 | $ | 775,949 | $ | (936,989 | ) | $ | - | $ | - | $ | 133,271 | $ | 17 | ||||||||||||||||||||
|
Investments Purchased with Cash Collateral from Securities on Loan: |
|||||||||||||||||||||||||||||||||||
|
Invesco Private Government Fund |
171,432 | 1,499,880 | (1,382,076 | ) | - | - | 289,236 | 42 | * | ||||||||||||||||||||||||||
|
Invesco Private Prime Fund |
400,008 | 2,941,496 | (2,666,325 | ) | (16 | ) | (279 | ) | 674,884 | 366 | * | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total |
$ | 865,751 | $ | 5,217,325 | $ | (4,985,390 | ) | $ | (16 | ) | $ | (279 | ) | $ | 1,097,391 | $ | 425 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
| * |
Represents the income earned on the investment of cash collateral, which is included in securities lending income on the Statements of Operations. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) |
The rate shown is the 7-day SEC standardized yield as of February 28, 2022. |
| (f) |
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. See Note 2I. |
Portfolio Composition
Sector Breakdown (% of the Fund’s Net Assets)
as of February 28, 2022
|
Sovereign Debt |
32.29 | |||
|
Financials |
28.48 | |||
|
Energy |
8.12 | |||
|
Utilities |
7.45 | |||
|
Materials |
7.37 | |||
|
Communication Services |
6.42 | |||
|
Sector Types Each Less Than 3% |
8.10 | |||
|
Money Market Funds Plus Other Assets Less Liabilities |
1.77 | |||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
189 |
||||
|
|
| |||
|
Statements of Assets and Liabilities February 28, 2022 (Unaudited) |
| Invesco BulletShares 2022 Corporate Bond ETF (BSCM) |
Invesco BulletShares 2023 Corporate Bond ETF (BSCN) |
Invesco BulletShares 2024 Corporate Bond ETF (BSCO) |
Invesco BulletShares 2025 Corporate Bond ETF (BSCP) |
|||||||||||||
|
Assets: |
||||||||||||||||
|
Unaffiliated investments in securities, at value(a) |
$ | 2,159,985,356 | $ | 2,259,409,495 | $ | 2,036,189,635 | $ | 1,166,955,331 | ||||||||
|
Affiliated investments in securities, at value |
157,429,122 | 72,412,563 | 77,176,179 | 74,664,700 | ||||||||||||
|
Cash |
3,499,412 | 970 | 2,390 | 1,650 | ||||||||||||
|
Deposits with brokers: |
||||||||||||||||
|
Cash segregated as collateral |
- | - | 726,292 | 154,590 | ||||||||||||
|
Receivable for: |
||||||||||||||||
|
Dividends and interest |
17,585,297 | 16,092,932 | 16,682,661 | 9,825,104 | ||||||||||||
|
Securities lending |
6 | 5,591 | 5,079 | 5,842 | ||||||||||||
|
Investments sold |
1,083,086 | 9,726,519 | - | - | ||||||||||||
|
Fund shares sold |
- | - | 6,643,723 | 95,753 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total assets |
2,339,582,279 | 2,357,648,070 | 2,137,425,959 | 1,251,702,970 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Liabilities: |
||||||||||||||||
|
Due to custodian |
- | - | - | - | ||||||||||||
|
Payable for: |
||||||||||||||||
|
Investments purchased |
32,023,789 | - | 6,719,772 | 95,754 | ||||||||||||
|
Collateral upon return of securities loaned |
- | 67,311,867 | 67,423,484 | 67,038,775 | ||||||||||||
|
Collateral upon receipt of securities in-kind |
- | - | 726,292 | 154,590 | ||||||||||||
|
Fund shares repurchased |
44,741,625 | 9,542,536 | - | - | ||||||||||||
|
Accrued unitary management fees |
178,700 | 177,227 | 151,840 | 89,630 | ||||||||||||
|
Other payables |
- | 70,872 | - | - | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total liabilities |
76,944,114 | 77,102,502 | 75,021,388 | 67,378,749 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net Assets |
$ | 2,262,638,165 | $ | 2,280,545,568 | $ | 2,062,404,571 | $ | 1,184,324,221 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net assets consist of: |
||||||||||||||||
|
Shares of beneficial interest |
$ | 2,262,044,956 | $ | 2,285,843,693 | $ | 2,076,534,218 | $ | 1,203,947,978 | ||||||||
|
Distributable earnings (loss) |
593,209 | (5,298,125 | ) | (14,129,647 | ) | (19,623,757 | ) | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net Assets |
$ | 2,262,638,165 | $ | 2,280,545,568 | $ | 2,062,404,571 | $ | 1,184,324,221 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Shares outstanding (unlimited amount authorized, $0.01 par value) |
106,200,000 | 107,400,000 | 96,450,000 | 55,500,000 | ||||||||||||
|
Net asset value |
$ | 21.31 | $ | 21.23 | $ | 21.38 | $ | 21.34 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Market price |
$ | 21.31 | $ | 21.23 | $ | 21.39 | $ | 21.35 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Unaffiliated investments in securities, at cost |
$ | 2,158,022,283 | $ | 2,266,319,441 | $ | 2,051,122,106 | $ | 1,186,673,886 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Affiliated investments in securities, at cost |
$ | 157,429,122 | $ | 72,420,657 | $ | 77,181,543 | $ | 74,670,037 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
(a) Includes securities on loan with an aggregate value of: |
$ | - | $ | 65,363,899 | $ | 65,598,745 | $ | 65,315,371 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
190 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) |
Invesco BulletShares 2027 Corporate Bond ETF (BSCR) |
Invesco BulletShares 2028 Corporate Bond ETF (BSCS) |
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) |
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) |
Invesco BulletShares 2031 Corporate Bond ETF (BSCV) |
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM) |
||||||||||||||||||||
| $ | 845,133,069 | $ | 401,930,735 | $ | 241,178,852 | $ | 142,627,759 | $ | 79,312,984 | $ | 19,179,220 | $ | 804,317,202 | |||||||||||||
| 70,424,892 | 67,701,188 | 31,512,238 | 9,584,542 | 9,194,945 | 487,301 | 14,859,969 | ||||||||||||||||||||
| - | - | 668 | - | 450 | 650 | - | ||||||||||||||||||||
| 3,713,255 | - | - | - | - | - | - | ||||||||||||||||||||
| 6,678,365 | 3,359,911 | 2,353,155 | 1,460,429 | 571,231 | 147,008 | 12,477,904 | ||||||||||||||||||||
| 5,841 | 9,917 | 2,184 | 1,010 | 675 | 142 | 2,195 | ||||||||||||||||||||
| - | - | 1,094,936 | - | 76,909 | 53,006 | - | ||||||||||||||||||||
| 2,709,771 | - | - | - | - | - | - | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 928,665,193 | 473,001,751 | 276,142,033 | 153,673,740 | 89,157,194 | 19,867,327 | 831,657,270 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| - | - | - | - | - | - | 14,423 | ||||||||||||||||||||
| 2,709,770 | - | - | - | - | - | - | ||||||||||||||||||||
| 67,332,531 | 66,826,543 | 30,713,032 | 9,269,591 | 9,046,703 | 401,622 | 746,520 | ||||||||||||||||||||
| 3,713,255 | - | - | - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
| 56,314 | 31,046 | 18,833 | 11,042 | 6,156 | 1,487 | 268,102 | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 73,811,870 | 66,857,589 | 30,731,865 | 9,280,633 | 9,052,859 | 403,109 | 1,029,045 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 854,853,323 | $ | 406,144,162 | $ | 245,410,168 | $ | 144,393,107 | $ | 80,104,335 | $ | 19,464,218 | $ | 830,628,225 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 870,560,821 | $ | 414,387,418 | $ | 255,977,373 | $ | 152,004,355 | $ | 84,016,772 | $ | 20,593,635 | $ | 877,544,772 | |||||||||||||
| (15,707,498 | ) | (8,243,256 | ) | (10,567,205 | ) | (7,611,248 | ) | (3,912,437 | ) | (1,129,417 | ) | (46,916,547 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 854,853,323 | $ | 406,144,162 | $ | 245,410,168 | $ | 144,393,107 | $ | 80,104,335 | $ | 19,464,218 | $ | 830,628,225 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 41,700,000 | 19,500,000 | 11,250,001 | 7,200,001 | 4,350,001 | 1,050,001 | 36,100,000 | ||||||||||||||||||||
| $ | 20.50 | $ | 20.83 | $ | 21.81 | $ | 20.05 | $ | 18.41 | $ | 18.54 | $ | 23.01 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 20.53 | $ | 20.84 | $ | 21.81 | $ | 20.08 | $ | 18.44 | $ | 18.58 | $ | 23.01 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 860,945,686 | $ | 410,444,171 | $ | 251,717,262 | $ | 150,302,397 | $ | 83,195,440 | $ | 20,305,524 | $ | 809,105,167 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 70,431,309 | $ | 67,705,797 | $ | 31,513,990 | $ | 9,584,815 | $ | 9,195,455 | $ | 487,303 | $ | 14,860,073 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 65,740,830 | $ | 65,336,534 | $ | 30,021,097 | $ | 9,058,975 | $ | 8,852,551 | $ | 394,661 | $ | 718,378 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
|
191 |
||||
|
|
| |||
|
Statements of Assets and Liabilities–(continued) February 28, 2022 (Unaudited) |
| Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) |
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) |
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) |
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) |
|||||||||||||
|
Assets: |
||||||||||||||||
|
Unaffiliated investments in securities, at value(a) |
$ | 740,486,846 | $ | 442,471,551 | $ | 343,113,935 | $ | 178,262,153 | ||||||||
|
Affiliated investments in securities, at value |
147,294,067 | 113,554,186 | 85,392,003 | 41,744,996 | ||||||||||||
|
Cash |
196,159 | 31,543 | - | 102,516 | ||||||||||||
|
Deposits with brokers: |
||||||||||||||||
|
Cash segregated as collateral |
- | 310,834 | - | - | ||||||||||||
|
Receivable for: |
||||||||||||||||
|
Dividends and interest |
10,676,150 | 6,927,959 | 5,832,691 | 2,782,854 | ||||||||||||
|
Securities lending |
21,341 | 28,592 | 22,493 | 6,888 | ||||||||||||
|
Investments sold |
- | - | - | 2,615,580 | ||||||||||||
|
Fund shares sold |
- | 305,868 | - | - | ||||||||||||
|
Other assets |
- | - | - | - | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total assets |
898,674,563 | 563,630,533 | 434,361,122 | 225,514,987 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Liabilities: |
||||||||||||||||
|
Due to custodian |
- | - | - | - | ||||||||||||
|
Payable for: |
||||||||||||||||
|
Investments purchased |
203,334 | 3,588,892 | - | 99,720 | ||||||||||||
|
Collateral upon return of securities loaned |
141,492,247 | 101,691,586 | 82,694,849 | 40,099,503 | ||||||||||||
|
Collateral upon receipt of securities in-kind |
- | 310,834 | - | - | ||||||||||||
|
Accrued unitary management fees |
243,313 | 146,946 | 111,754 | 57,900 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total liabilities |
141,938,894 | 105,738,258 | 82,806,603 | 40,257,123 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net Assets |
$ | 756,735,669 | $ | 457,892,275 | $ | 351,554,519 | $ | 185,257,864 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net assets consist of: |
||||||||||||||||
|
Shares of beneficial interest |
$ | 790,032,737 | $ | 475,115,823 | $ | 358,350,720 | $ | 192,583,031 | ||||||||
|
Distributable earnings (loss) |
(33,297,068 | ) | (17,223,548 | ) | (6,796,201 | ) | (7,325,167 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net Assets |
$ | 756,735,669 | $ | 457,892,275 | $ | 351,554,519 | $ | 185,257,864 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Shares outstanding (unlimited amount authorized, $0.01 par value) |
30,700,000 | 19,000,000 | 14,700,000 | 7,500,001 | ||||||||||||
|
Net asset value |
$ | 24.65 | $ | 24.10 | $ | 23.92 | $ | 24.70 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Market price |
$ | 24.67 | $ | 24.15 | $ | 23.95 | $ | 24.74 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Unaffiliated investments in securities, at cost |
$ | 754,265,215 | $ | 452,554,572 | $ | 347,773,299 | $ | 183,552,044 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Affiliated investments in securities, at cost |
$ | 147,303,110 | $ | 113,560,370 | $ | 85,399,227 | $ | 41,747,589 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
(a) Includes securities on loan with an aggregate value of: |
$ | 136,635,158 | $ | 97,686,877 | $ | 79,691,893 | $ | 38,693,536 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
192 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) |
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) |
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) |
Invesco BulletShares 2022 Municipal Bond ETF (BSMM) |
Invesco BulletShares 2023 Municipal Bond ETF (BSMN) |
Invesco BulletShares 2024 Municipal Bond ETF (BSMO) |
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) |
||||||||||||||||||||
| $ | 48,002,144 | $ | 18,835,965 | $ | 9,065,525 | $ | 64,792,652 | $ | 42,370,281 | $ | 42,352,140 | $ | 47,329,883 | |||||||||||||
| 14,913,233 | 3,218,467 | 376,148 | - | - | - | - | ||||||||||||||||||||
| - | - | - | 54,338 | 129,482 | 3,871 | 49,543 | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
| 719,490 | 253,138 | 129,473 | 875,559 | 513,263 | 493,156 | 532,619 | ||||||||||||||||||||
| 1,752 | 762 | 163 | - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
| - | - | - | - | 236 | - | 63 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 63,636,619 | 22,308,332 | 9,571,309 | 65,722,549 | 43,013,262 | 42,849,167 | 47,912,108 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 39,178 | - | - | - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
| 14,914,212 | 3,107,931 | 294,614 | - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | - | - | ||||||||||||||||||||
| 15,715 | 5,593 | 2,783 | 9,040 | 5,945 | 5,926 | 6,344 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 14,969,105 | 3,113,524 | 297,397 | 9,040 | 5,945 | 5,926 | 6,344 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 48,667,514 | $ | 19,194,808 | $ | 9,273,912 | $ | 65,713,509 | $ | 43,007,317 | $ | 42,843,241 | $ | 47,905,764 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 50,585,371 | $ | 20,041,836 | $ | 9,804,747 | $ | 65,827,285 | $ | 43,270,726 | $ | 43,450,045 | $ | 48,859,598 | |||||||||||||
| (1,917,857 | ) | (847,028 | ) | (530,835 | ) | (113,776 | ) | (263,409 | ) | (606,804 | ) | (953,834 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 48,667,514 | $ | 19,194,808 | $ | 9,273,912 | $ | 65,713,509 | $ | 43,007,317 | $ | 42,843,241 | $ | 47,905,764 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| 2,000,001 | 800,001 | 400,001 | 2,600,001 | 1,700,001 | 1,700,001 | 1,900,001 | ||||||||||||||||||||
| $ | 24.33 | $ | 23.99 | $ | 23.18 | $ | 25.27 | $ | 25.30 | $ | 25.20 | $ | 25.21 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 24.38 | $ | 24.06 | $ | 23.26 | $ | 25.34 | $ | 25.38 | $ | 25.27 | $ | 25.29 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 49,885,004 | $ | 19,734,128 | $ | 9,577,826 | $ | 64,906,326 | $ | 42,634,299 | $ | 42,959,014 | $ | 48,284,262 | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 14,914,212 | $ | 3,218,612 | $ | 376,154 | $ | - | $ | - | $ | - | $ | - | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
| $ | 14,373,094 | $ | 2,985,222 | $ | 282,604 | $ | - | $ | - | $ | - | $ | - | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
|
193 |
||||
|
|
| |||
|
Statements of Assets and Liabilities–(continued) February 28, 2022 (Unaudited) |
| Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) |
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) |
Invesco BulletShares 2028 Municipal Bond ETF (BSMS) |
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) |
|||||||||||||
|
Assets: |
||||||||||||||||
|
Unaffiliated investments in securities, at value(a) |
$ | 27,018,232 | $ | 19,689,941 | $ | 19,923,898 | $ | 17,311,162 | ||||||||
|
Affiliated investments in securities, at value |
- | - | - | - | ||||||||||||
|
Cash |
130,171 | 29,839 | 2,562 | 40,966 | ||||||||||||
|
Deposits with brokers: |
||||||||||||||||
|
Cash segregated as collateral |
- | - | - | - | ||||||||||||
|
Receivable for: |
||||||||||||||||
|
Dividends and interest |
293,831 | 185,094 | 202,336 | 177,617 | ||||||||||||
|
Securities lending |
- | - | - | - | ||||||||||||
|
Investments sold |
- | - | - | - | ||||||||||||
|
Fund shares sold |
- | - | - | - | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total assets |
27,442,234 | 19,904,874 | 20,128,796 | 17,529,745 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Liabilities: |
||||||||||||||||
|
Payable for: |
||||||||||||||||
|
Investments purchased |
- | - | - | - | ||||||||||||
|
Collateral upon return of securities loaned |
- | - | - | - | ||||||||||||
|
Collateral upon receipt of securities in-kind |
- | - | - | - | ||||||||||||
|
Accrued unitary management fees |
3,800 | 2,757 | 2,790 | 2,427 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total liabilities |
3,800 | 2,757 | 2,790 | 2,427 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net Assets |
$ | 27,438,434 | $ | 19,902,117 | $ | 20,126,006 | $ | 17,527,318 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net assets consist of: |
||||||||||||||||
|
Shares of beneficial interest |
$ | 27,994,585 | $ | 20,377,494 | $ | 20,630,175 | $ | 18,069,699 | ||||||||
|
Distributable earnings (loss) |
(556,151 | ) | (475,377 | ) | (504,169 | ) | (542,381 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net Assets |
$ | 27,438,434 | $ | 19,902,117 | $ | 20,126,006 | $ | 17,527,318 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Shares outstanding (unlimited amount authorized, $0.01 par value) |
1,100,001 | 800,001 | 800,001 | 700,001 | ||||||||||||
|
Net asset value |
$ | 24.94 | $ | 24.88 | $ | 25.16 | $ | 25.04 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Market price |
$ | 25.01 | $ | 24.92 | $ | 25.22 | $ | 25.12 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Unaffiliated investments in securities, at cost |
$ | 27,574,978 | $ | 20,164,761 | $ | 20,426,487 | $ | 17,853,540 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Affiliated investments in securities, at cost |
$ | - | $ | - | $ | - | $ | - | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
(a) Includes securities on loan with an aggregate value of: |
$ | - | $ | - | $ | - | $ | - | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
194 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2030 Municipal Bond ETF (BSMU) |
Invesco BulletShares 2031 Municipal Bond ETF (BSMV) |
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE) |
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE) |
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE) |
||||||||||||||
| $ | 12,031,921 | $ | 9,363,110 | $ | 35,670,903 | $ | 33,651,824 | $ | 24,808,859 | |||||||||
| - | - | 6,867,046 | 1,019,632 | 1,097,391 | ||||||||||||||
| 17,121 | 13,813 | - | - | - | ||||||||||||||
| - | - | 645,297 | 207,801 | 427,778 | ||||||||||||||
| 122,496 | 88,856 | 550,825 | 428,649 | 318,545 | ||||||||||||||
| - | - | - | 1,066 | 147 | ||||||||||||||
| - | - | 1,005,524 | 200,739 | - | ||||||||||||||
| - | - | 615,139 | 197,908 | 407,480 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| 12,171,538 | 9,465,779 | 45,354,734 | 35,707,619 | 27,060,200 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| - | - | 615,139 | 810,467 | 2,316 | ||||||||||||||
| - | - | - | 731,699 | 964,136 | ||||||||||||||
| - | - | 645,297 | 207,801 | 427,778 | ||||||||||||||
| 1,687 | 1,313 | 9,696 | 7,939 | 410,821 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| 1,687 | 1,313 | 1,270,132 | 1,757,906 | 1,805,051 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 12,169,851 | $ | 9,464,466 | $ | 44,084,602 | $ | 33,949,713 | $ | 25,255,149 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 12,574,018 | $ | 9,881,637 | $ | 46,094,135 | $ | 36,167,070 | $ | 25,963,802 | |||||||||
| (404,167 | ) | (417,171 | ) | (2,009,533 | ) | (2,217,357 | ) | (708,653 | ) | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 12,169,851 | $ | 9,464,466 | $ | 44,084,602 | $ | 33,949,713 | $ | 25,255,149 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| 500,001 | 400,001 | 1,800,001 | 1,400,001 | 1,000,001 | ||||||||||||||
| $ | 24.34 | $ | 23.66 | $ | 24.49 | $ | 24.25 | $ | 25.26 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 24.42 | $ | 23.74 | $ | 24.68 | $ | 24.52 | $ | 25.33 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 12,438,023 | $ | 9,783,778 | $ | 37,386,224 | $ | 35,737,594 | $ | 24,915,940 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | - | $ | - | $ | 6,867,046 | $ | 1,019,634 | $ | 1,097,407 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| $ | - | $ | - | $ | - | $ | 674,979 | $ | 935,722 | |||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
195 |
||||
|
|
| |||
|
For the six months ended February 28, 2022 (Unaudited) |
| Invesco BulletShares 2022 Corporate Bond ETF (BSCM) |
Invesco BulletShares 2023 Corporate Bond ETF (BSCN) |
Invesco BulletShares 2024 Corporate Bond ETF (BSCO) |
Invesco BulletShares 2025 Corporate Bond ETF (BSCP) | |||||||||||||||||
|
Investment income: |
||||||||||||||||||||
|
Unaffiliated interest income |
$ | 17,802,370 | $ | 15,889,889 | $ | 15,227,309 | $ | 9,644,136 | ||||||||||||
|
Affiliated dividend income |
11,139 | 2,668 | 1,269 | 1,107 | ||||||||||||||||
|
Securities lending income |
27,376 | 32,561 | 32,914 | 36,288 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Total investment income |
17,840,885 | 15,925,118 | 15,261,492 | 9,681,531 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Expenses: |
||||||||||||||||||||
|
Unitary management fees |
1,183,787 | 1,105,742 | 867,987 | 552,473 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net expenses |
1,183,787 | 1,105,742 | 867,987 | 552,473 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net investment income |
16,657,098 | 14,819,376 | 14,393,505 | 9,129,058 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Realized and unrealized gain (loss) from: |
||||||||||||||||||||
|
Net realized gain (loss) from: |
||||||||||||||||||||
|
Unaffiliated investment securities |
767,031 | 2,582,502 | 1,301,351 | 599,927 | ||||||||||||||||
|
Affiliated investment securities |
(8,647 | ) | (5,805 | ) | (8,272 | ) | (8,625 | ) | ||||||||||||
|
In-kind redemptions |
117,061 | 476,005 | - | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net realized gain (loss) |
875,445 | 3,052,702 | 1,293,079 | 591,302 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Change in net unrealized appreciation (depreciation) of: |
||||||||||||||||||||
|
Unaffiliated investment securities |
(22,365,021 | ) | (45,042,899 | ) | (61,997,325 | ) | (47,951,537 | ) | ||||||||||||
|
Affiliated investment securities |
- | (8,094 | ) | (5,365 | ) | (5,337 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(22,365,021 | ) | (45,050,993 | ) | (62,002,690 | ) | (47,956,874 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net realized and unrealized gain (loss) |
(21,489,576 | ) | (41,998,291 | ) | (60,709,611 | ) | (47,365,572 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
$ | (4,832,478 | ) | $ | (27,178,915 | ) | $ | (46,316,106 | ) | $ | (38,236,514 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
196 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) |
Invesco BulletShares 2027 Corporate Bond ETF (BSCR) |
Invesco BulletShares 2028 Corporate Bond ETF (BSCS) |
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) |
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) |
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)(a) |
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM) | |||||||||||||||||||||||||||
| $ | 6,117,456 | $ | 3,929,617 | $ | 2,419,811 | $ | 1,315,946 | $ | 470,492 | $ | 124,464 | $ | 14,013,058 | ||||||||||||||||||||
| 305 | 248 | 121 | 81 | 20 | 9 | 4,000 | |||||||||||||||||||||||||||
| 37,547 | 49,580 | 12,606 | 5,087 | 1,999 | 346 | 128,752 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 6,155,308 | 3,979,445 | 2,432,538 | 1,321,114 | 472,511 | 124,819 | 14,145,810 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 321,247 | 185,313 | 116,432 | 62,620 | 20,618 | 5,307 | 1,860,613 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 321,247 | 185,313 | 116,432 | 62,620 | 20,618 | 5,307 | 1,860,613 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 5,834,061 | 3,794,132 | 2,316,106 | 1,258,494 | 451,893 | 119,512 | 12,285,197 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 111,465 | 393,417 | 12,466 | 53,222 | 5,094 | (4,402 | ) | (317,686 | ) | |||||||||||||||||||||||||
| (7,584 | ) | (8,384 | ) | (3,710 | ) | (1,290 | ) | (681 | ) | (19 | ) | (14,796 | ) | ||||||||||||||||||||
| - | - | - | - | - | - | 1,071,180 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 103,881 | 385,033 | 8,756 | 51,932 | 4,413 | (4,421 | ) | 738,698 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (32,861,911 | ) | (21,318,620 | ) | (14,319,491 | ) | (8,464,833 | ) | (3,743,108 | ) | (1,126,304 | ) | (12,181,307 | ) | ||||||||||||||||||||
| (6,418 | ) | (4,609 | ) | (1,752 | ) | (273 | ) | (510 | ) | (2 | ) | (104 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (32,868,329 | ) | (21,323,229 | ) | (14,321,243 | ) | (8,465,106 | ) | (3,743,618 | ) | (1,126,306 | ) | (12,181,411 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (32,764,448 | ) | (20,938,196 | ) | (14,312,487 | ) | (8,413,174 | ) | (3,739,205 | ) | (1,130,727 | ) | (11,442,713 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| $ | (26,930,387 | ) | $ | (17,144,064 | ) | $ | (11,996,381 | ) | $ | (7,154,680 | ) | $ | (3,287,312 | ) | $ | (1,011,215 | ) | $ | 842,484 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
197 |
||||
|
|
| |||
|
Statements of Operations–(continued) For the six months ended February 28, 2022 (Unaudited) |
| Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) |
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) |
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) |
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) | |||||||||||||||||
|
Investment income: |
||||||||||||||||||||
|
Unaffiliated interest income |
$ | 13,004,243 | $ | 8,683,025 | $ | 7,162,923 | $ | 3,520,458 | ||||||||||||
|
Affiliated dividend income |
2,477 | 1,338 | 707 | 363 | ||||||||||||||||
|
Securities lending income |
129,796 | 163,817 | 107,710 | 32,756 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Total investment income |
13,136,516 | 8,848,180 | 7,271,340 | 3,553,577 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Expenses: |
||||||||||||||||||||
|
Unitary management fees |
1,485,546 | 866,768 | 652,713 | 307,623 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net expenses |
1,485,546 | 866,768 | 652,713 | 307,623 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net investment income |
11,650,970 | 7,981,412 | 6,618,627 | 3,245,954 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Realized and unrealized gain (loss) from: |
||||||||||||||||||||
|
Net realized gain (loss) from: |
||||||||||||||||||||
|
Unaffiliated investment securities |
826,656 | (2,376,675 | ) | 403,999 | (137,945 | ) | ||||||||||||||
|
Affiliated investment securities |
(17,063 | ) | (16,758 | ) | (8,467 | ) | (4,551 | ) | ||||||||||||
|
In-kind redemptions |
221,640 | - | - | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net realized gain (loss) |
1,031,233 | (2,393,433 | ) | 395,532 | (142,496 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Change in net unrealized appreciation (depreciation) of: |
||||||||||||||||||||
|
Unaffiliated investment securities |
(22,711,127 | ) | (15,432,237 | ) | (9,887,152 | ) | (6,613,970 | ) | ||||||||||||
|
Affiliated investment securities |
(9,043 | ) | (6,185 | ) | (7,225 | ) | (2,593 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(22,720,170 | ) | (15,438,422 | ) | (9,894,377 | ) | (6,616,563 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net realized and unrealized gain (loss) |
(21,688,937 | ) | (17,831,855 | ) | (9,498,845 | ) | (6,759,059 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
$ | (10,037,967 | ) | $ | (9,850,443 | ) | $ | (2,880,218 | ) | $ | (3,513,105 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
198 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) |
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) |
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)(a) |
Invesco BulletShares 2022 Municipal Bond ETF (BSMM) |
Invesco BulletShares 2023 Municipal Bond ETF (BSMN) |
Invesco BulletShares 2024 Municipal Bond ETF (BSMO) |
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) | |||||||||||||||||||||||||||
| $ | 1,026,679 | $ | 381,866 | $ | 129,972 | $ | 143,400 | $ | 114,686 | $ | 133,676 | $ | 180,045 | ||||||||||||||||||||
| 51 | 15 | 10 | - | - | - | - | |||||||||||||||||||||||||||
| 14,119 | 4,126 | 462 | - | - | - | - | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 1,040,849 | 386,007 | 130,444 | 143,400 | 114,686 | 133,676 | 180,045 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 96,479 | 34,033 | 11,579 | 52,060 | 33,997 | 34,997 | 38,075 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 96,479 | 34,033 | 11,579 | 52,060 | 33,997 | 34,997 | 38,075 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| 944,370 | 351,974 | 118,865 | 91,340 | 80,689 | 98,679 | 141,970 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (74,241 | ) | 27,830 | (18,821 | ) | - | 280 | 117 | (194 | ) | ||||||||||||||||||||||||
| (1,625 | ) | (250 | ) | (11 | ) | - | - | - | - | ||||||||||||||||||||||||
| 56,390 | 25,008 | - | - | - | - | - | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (19,476 | ) | 52,588 | (18,832 | ) | - | 280 | 117 | (194 | ) | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (2,200,382 | ) | (1,044,358 | ) | (512,301 | ) | (261,242 | ) | (523,734 | ) | (981,659 | ) | (1,439,314 | ) | ||||||||||||||||||||
| (979 | ) | (145 | ) | (6 | ) | - | - | - | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (2,201,361 | ) | (1,044,503 | ) | (512,307 | ) | (261,242 | ) | (523,734 | ) | (981,659 | ) | (1,439,314 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| (2,220,837 | ) | (991,915 | ) | (531,139 | ) | (261,242 | ) | (523,454 | ) | (981,542 | ) | (1,439,508 | ) | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
| $ | (1,276,467 | ) | $ | (639,941 | ) | $ | (412,274 | ) | $ | (169,902 | ) | $ | (442,765 | ) | $ | (882,863 | ) | $ | (1,297,538 | ) | |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
199 |
||||
|
|
| |||
|
Statements of Operations–(continued) For the six months ended February 28, 2022 (Unaudited) |
| Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) |
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) |
Invesco BulletShares 2028 Municipal Bond ETF (BSMS) |
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) | |||||||||||||||||
|
Investment income: |
||||||||||||||||||||
|
Unaffiliated interest income |
$ | 164,745 | $ | 109,446 | $ | 134,319 | $ | 120,582 | ||||||||||||
|
Affiliated dividend income |
- | - | - | - | ||||||||||||||||
|
Securities lending income |
- | - | - | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Total investment income |
164,745 | 109,446 | 134,319 | 120,582 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Expenses: |
||||||||||||||||||||
|
Unitary management fees |
23,201 | 16,506 | 16,793 | 14,508 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net expenses |
23,201 | 16,506 | 16,793 | 14,508 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net investment income |
141,544 | 92,940 | 117,526 | 106,074 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Realized and unrealized gain (loss) from: |
||||||||||||||||||||
|
Net realized gain (loss) from: |
||||||||||||||||||||
|
Unaffiliated investment securities |
(631 | ) | - | - | - | |||||||||||||||
|
Affiliated investment securities |
- | - | - | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net realized gain (loss) |
(631 | ) | - | - | - | |||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Change in net unrealized appreciation (depreciation) of: |
||||||||||||||||||||
|
Unaffiliated investment securities |
(1,125,701 | ) | (798,562 | ) | (864,838 | ) | (797,334 | ) | ||||||||||||
|
Affiliated investment securities |
- | - | - | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(1,125,701 | ) | (798,562 | ) | (864,838 | ) | (797,334 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net realized and unrealized gain (loss) |
(1,126,332 | ) | (798,562 | ) | (864,838 | ) | (797,334 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
$ | (984,788 | ) | $ | (705,622 | ) | $ | (747,312 | ) | $ | (691,260 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
200 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2030 Municipal Bond ETF (BSMU) |
Invesco BulletShares 2031 Municipal Bond ETF (BSMV)(a) |
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE) |
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE) |
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE) | |||||||||||||||||||
| $ | 83,256 | $ | 44,571 | $ | 446,665 | $ | 400,035 | $ | 363,603 | ||||||||||||||
| - | - | 158 | 17 | 17 | |||||||||||||||||||
| - | - | 737 | 7,929 | 583 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| 83,256 | 44,571 | 447,560 | 407,981 | 364,203 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| 8,652 | 4,846 | 60,592 | 48,437 | 34,019 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| 8,652 | 4,846 | 60,592 | 48,437 | 34,019 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| 74,604 | 39,725 | 386,968 | 359,544 | 330,184 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| - | - | (136,774 | ) | (48,723 | ) | 15,247 | |||||||||||||||||
| - | - | (21 | ) | (326 | ) | (279 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| - | - | (136,795 | ) | (49,049 | ) | 14,968 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| (538,817 | ) | (420,668 | ) | (1,968,073 | ) | (2,603,162 | ) | (960,151 | ) | ||||||||||||||
| - | - | - | (2 | ) | (16 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| (538,817 | ) | (420,668 | ) | (1,968,073 | ) | (2,603,164 | ) | (960,167 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| (538,817 | ) | (420,668 | ) | (2,104,868 | ) | (2,652,213 | ) | (945,199 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
| $ | (464,213 | ) | $ | (380,943 | ) | $ | (1,717,900 | ) | $ | (2,292,669 | ) | $ | (615,015 | ) | |||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||
|
201 |
||||
|
|
| |||
|
Statements of Changes in Net Assets For the six months ended February 28, 2022 and the year ended August 31, 2021 (Unaudited) |
| Invesco BulletShares 2022 Corporate Bond ETF (BSCM) |
Invesco BulletShares 2023 Corporate Bond ETF (BSCN) | |||||||||||||||||||
| Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 | |||||||||||||||||
|
Operations: |
||||||||||||||||||||
|
Net investment income |
$ | 16,657,098 | $ | 38,953,720 | $ | 14,819,376 | $ | 29,895,942 | ||||||||||||
|
Net realized gain |
875,445 | 8,444,584 | 3,052,702 | 6,175,781 | ||||||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(22,365,021 | ) | (32,655,200 | ) | (45,050,993 | ) | (19,730,169 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
(4,832,478 | ) | 14,743,104 | (27,178,915 | ) | 16,341,554 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Distributions to Shareholders from: |
||||||||||||||||||||
|
Distributable earnings |
(23,052,212 | ) | (46,268,999 | ) | (21,048,021 | ) | (30,085,257 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shareholder Transactions: |
||||||||||||||||||||
|
Proceeds from shares sold |
54,662,335 | 423,707,708 | 271,458,380 | 777,896,291 | ||||||||||||||||
|
Value of shares repurchased |
(156,857,111 | ) | (39,024,348 | ) | (47,916,221 | ) | - | |||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from share transactions |
(102,194,776 | ) | 384,683,360 | 223,542,159 | 777,896,291 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets |
(130,079,466 | ) | 353,157,465 | 175,315,223 | 764,152,588 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net assets: |
||||||||||||||||||||
|
Beginning of period |
2,392,717,631 | 2,039,560,166 | 2,105,230,345 | 1,341,077,757 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 2,262,638,165 | $ | 2,392,717,631 | $ | 2,280,545,568 | $ | 2,105,230,345 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Changes in Shares Outstanding: |
||||||||||||||||||||
|
Shares sold |
2,550,000 | 19,500,000 | 12,600,000 | 35,700,000 | ||||||||||||||||
|
Shares repurchased |
(7,350,000 | ) | (1,800,000 | ) | (2,250,000 | ) | - | |||||||||||||
|
Shares outstanding, beginning of period |
111,000,000 | 93,300,000 | 97,050,000 | 61,350,000 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shares outstanding, end of period |
106,200,000 | 111,000,000 | 107,400,000 | 97,050,000 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
202 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2024 Corporate Bond ETF (BSCO) |
Invesco BulletShares 2025 Corporate Bond ETF (BSCP) |
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) |
Invesco BulletShares 2027 Corporate Bond ETF (BSCR) |
|||||||||||||||||||||||||||||
| Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
|||||||||||||||||||||||||
| $ | 14,393,505 | $ | 26,533,077 | $ | 9,129,058 | $ | 16,415,085 | $ | 5,834,061 | $ | 8,332,446 | $ | 3,794,132 | $ | 6,307,547 | |||||||||||||||||
| 1,293,079 | 4,950,786 | 591,302 | 3,075,661 | 103,881 | 407,071 | 385,033 | 1,038,573 | |||||||||||||||||||||||||
| (62,002,690 | ) | (11,912,019 | ) | (47,956,874 | ) | (9,762,540 | ) | (32,868,329 | ) | (3,582,823 | ) | (21,323,229 | ) | (1,788,979 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| (46,316,106 | ) | 19,571,844 | (38,236,514 | ) | 9,728,206 | (26,930,387 | ) | 5,156,694 | (17,144,064 | ) | 5,557,141 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| (17,190,610 | ) | (26,664,545 | ) | (11,246,143 | ) | (16,430,389 | ) | (5,847,435 | ) | (8,346,892 | ) | (3,876,523 | ) | (6,317,457 | ) | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| 493,873,469 | 560,546,865 | 176,942,154 | 444,128,487 | 308,746,028 | 288,393,196 | 73,866,790 | 129,091,514 | |||||||||||||||||||||||||
| - | (6,667,299 | ) | - | (13,395,279 | ) | - | - | - | (6,649,169 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| 493,873,469 | 553,879,566 | 176,942,154 | 430,733,208 | 308,746,028 | 288,393,196 | 73,866,790 | |
122,442,345 |
| |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| 430,366,753 | 546,786,865 | 127,459,497 | 424,031,025 | 275,968,206 | 285,202,998 | 52,846,203 | 121,682,029 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| 1,632,037,818 | 1,085,250,953 | 1,056,864,724 | 632,833,699 | 578,885,117 | 293,682,119 | 353,297,959 | 231,615,930 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| $ | 2,062,404,571 | $ | 1,632,037,818 | $ | 1,184,324,221 | $ | 1,056,864,724 | $ | 854,853,323 | $ | 578,885,117 | $ | 406,144,162 | $ | 353,297,959 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| 22,800,000 | 25,200,000 | 8,100,000 | 19,800,000 | 14,850,000 | 13,350,000 | 3,450,000 | 5,850,000 | |||||||||||||||||||||||||
| - | (300,000 | ) | - | (600,000 | ) | - | - | - | (300,000 | ) | ||||||||||||||||||||||
| 73,650,000 | 48,750,000 | 47,400,000 | 28,200,000 | 26,850,000 | 13,500,000 | 16,050,000 | 10,500,000 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| 96,450,000 | 73,650,000 | 55,500,000 | 47,400,000 | 41,700,000 | 26,850,000 | 19,500,000 | 16,050,000 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
203 |
||||
|
|
| |||
|
Statements of Changes in Net Assets–(continued) For the six months ended February 28, 2022 and the year ended August 31, 2021 (Unaudited) |
| Invesco BulletShares 2028 Corporate Bond ETF (BSCS) |
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) | |||||||||||||||||||
| Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 | |||||||||||||||||
|
Operations: |
||||||||||||||||||||
|
Net investment income |
$ | 2,316,106 | $ | 4,417,880 | $ | 1,258,494 | $ | 1,573,095 | ||||||||||||
|
Net realized gain (loss) |
8,756 | 5,384,649 | 51,932 | 256,863 | ||||||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(14,321,243 | ) | (4,510,779 | ) | (8,465,106 | ) | (527,945 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
(11,996,381 | ) | 5,291,750 | (7,154,680 | ) | 1,302,013 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Distributions to Shareholders from: |
||||||||||||||||||||
|
Distributable earnings |
(2,381,828 | ) | (4,423,119 | ) | (1,272,086 | ) | (1,573,383 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shareholder Transactions: |
||||||||||||||||||||
|
Proceeds from shares sold |
33,863,080 | 179,514,747 | 40,610,853 | 92,949,080 | ||||||||||||||||
|
Value of shares repurchased |
- | (83,476,574 | ) | - | (6,283,657 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from share transactions |
33,863,080 | 96,038,173 | 40,610,853 | 86,665,423 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets |
19,484,871 | 96,906,804 | 32,184,087 | 86,394,053 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net assets: |
||||||||||||||||||||
|
Beginning of period |
225,925,297 | 129,018,493 | 112,209,020 | 25,814,967 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 245,410,168 | $ | 225,925,297 | $ | 144,393,107 | $ | 112,209,020 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Changes in Shares Outstanding: |
||||||||||||||||||||
|
Shares sold |
1,500,000 | 7,800,000 | 1,950,000 | 4,350,000 | ||||||||||||||||
|
Shares repurchased |
- | (3,600,000 | ) | - | (300,000 | ) | ||||||||||||||
|
Shares outstanding, beginning of period |
9,750,001 | 5,550,001 | 5,250,001 | 1,200,001 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shares outstanding, end of period |
11,250,001 | 9,750,001 | 7,200,001 | 5,250,001 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
For the period September 14, 2020 (commencement of investment operations) through August 31, 2021. |
| (b) |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
204 |
||||
|
|
| |||
|
|
| Invesco BulletShares
2030 Corporate Bond ETF (BSCU) |
Invesco BulletShares
2031 CorporateBond ETF (BSCV) |
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM) |
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) |
|||||||||||||||||||||||||||||||||||
| Six Months Ended | Period Ended | Period Ended | Six Months Ended | Year Ended | Six Months Ended | Year Ended | ||||||||||||||||||||||||||||||||
| February 28, | August 31, | February 28, | February 28, | August 31, | February 28, | August 31, | ||||||||||||||||||||||||||||||||
| 2022 | 2021(a) | 2022(b) | 2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||||||||||||||
| $ | 451,893 | $ | 321,944 | $ | 119,512 | $ | 12,285,197 | $ | 28,793,745 | $ | 11,650,970 | $ | 21,002,580 | |||||||||||||||||||||||||
| 4,413 | (32,289 | ) | (4,421 | ) | 738,698 | 6,498,926 | 1,031,233 | 4,767,388 | ||||||||||||||||||||||||||||||
| (3,743,618 | ) | (139,348 | ) | (1,126,306 | ) | (12,181,411 | ) | 3,725,149 | (22,720,170 | ) | 5,272,950 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| (3,287,312 | ) | 150,307 | (1,011,215 | ) | 842,484 | 39,017,820 | (10,037,967 | ) | 31,042,918 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| (478,359 | ) | (321,891 | ) | (118,202 | ) | (12,174,283 | ) | (28,853,162 | ) | (11,573,253 | ) | (20,999,182 | ) | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 57,178,680 | 29,758,141 | 20,593,635 | 85,865,183 | 370,106,748 | 156,234,974 | 356,384,219 | ||||||||||||||||||||||||||||||||
| - | (2,895,231 | ) | - | (155,193,109 | ) | (146,596,765 | ) | (55,656,397 | ) | (78,566,520 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 57,178,680 | 26,862,910 | 20,593,635 | (69,327,926 | ) | 223,509,983 | 100,578,577 | 277,817,699 | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 53,413,009 | 26,691,326 | 19,464,218 | (80,659,725 | ) | 233,674,641 | 78,967,357 | 287,861,435 | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 26,691,326 | - | - | 911,287,950 | 677,613,309 | 677,768,312 | 389,906,877 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| $ | 80,104,335 | $ | 26,691,326 | $ | 19,464,218 | $ | 830,628,225 | $ | 911,287,950 | $ | 756,735,669 | $ | 677,768,312 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 3,000,000 | 1,500,001 | 1,050,001 | 3,700,000 | 15,900,000 | 6,200,000 | 14,100,000 | ||||||||||||||||||||||||||||||||
| - | (150,000 | ) | - | (6,700,000 | ) | (6,300,000 | ) | (2,200,000 | ) | (3,100,000 | ) | |||||||||||||||||||||||||||
| 1,350,001 | - | - | 39,100,000 | 29,500,000 | 26,700,000 | 15,700,000 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 4,350,001 | 1,350,001 | 1,050,001 | 36,100,000 | 39,100,000 | 30,700,000 | 26,700,000 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
|
205 |
||||
|
|
| |||
|
Statements of Changes in Net Assets–(continued) For the six months ended February 28, 2022 and the year ended August 31, 2021 (Unaudited) |
| Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) |
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) | |||||||||||||||||||
| Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 | |||||||||||||||||
|
Operations: |
||||||||||||||||||||
|
Net investment income |
$ | 7,981,412 | $ | 10,984,565 | $ | 6,618,627 | $ | 9,589,274 | ||||||||||||
|
Net realized gain (loss) |
(2,393,433 | ) | 2,008,658 | 395,532 | 1,607,424 | |||||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(15,438,422 | ) | 4,818,813 | (9,894,377 | ) | 4,250,844 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
(9,850,443 | ) | 17,812,036 | (2,880,218 | ) | 15,447,542 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Distributions to Shareholders from: |
||||||||||||||||||||
|
Distributable earnings |
(7,987,845 | ) | (10,965,021 | ) | (6,551,007 | ) | (9,582,533 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shareholder Transactions: |
||||||||||||||||||||
|
Proceeds from shares sold |
111,876,021 | 216,734,030 | 68,090,589 | 168,529,604 | ||||||||||||||||
|
Value of shares repurchased |
- | (34,967,274 | ) | - | (12,252,198 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase in net assets resulting from share transactions |
111,876,021 | 181,766,756 | 68,090,589 | 156,277,406 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase in net assets |
94,037,733 | 188,613,771 | 58,659,364 | 162,142,415 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net assets: |
||||||||||||||||||||
|
Beginning of period |
363,854,542 | 175,240,771 | 292,895,155 | 130,752,740 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 457,892,275 | $ | 363,854,542 | $ | 351,554,519 | $ | 292,895,155 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Changes in Shares Outstanding: |
||||||||||||||||||||
|
Shares sold |
4,500,000 | 8,700,000 | 2,800,000 | 6,900,000 | ||||||||||||||||
|
Shares repurchased |
- | (1,400,000 | ) | - | (500,000 | ) | ||||||||||||||
|
Shares outstanding, beginning of period |
14,500,000 | 7,200,000 | 11,900,000 | 5,500,000 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shares outstanding, end of period |
19,000,000 | 14,500,000 | 14,700,000 | 11,900,000 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
For the period September 14, 2020 (commencement of investment operations) through August 31, 2021. |
| (b) |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
206 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) |
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) |
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) |
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) |
|||||||||||||||||||||||||||||||||||
| Six Months Ended | Year Ended | Six Months Ended | Year Ended | Six Months Ended | Period Ended | Period Ended | ||||||||||||||||||||||||||||||||
| February 28, | August 31, | February 28, | August 31, | February 28, | August 31, | February 28, | ||||||||||||||||||||||||||||||||
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021(a) | 2022(b) | ||||||||||||||||||||||||||||||||
| $ | 3,245,954 | $ | 3,376,063 | $ | 944,370 | $ | 1,110,809 | $ | 351,974 | $ | 409,309 | $ | 118,865 | |||||||||||||||||||||||||
| (142,496 | ) | 1,588,562 | (19,476 | ) | 842,316 | 52,588 | 69,625 | (18,832 | ) | |||||||||||||||||||||||||||||
| (6,616,563 | ) | 424,868 | (2,201,361 | ) | (299,086 | ) | (1,044,503 | ) | 146,195 | (512,307 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| (3,513,105 | ) | 5,389,493 | (1,276,467 | ) | 1,654,039 | (639,941 | ) | 625,129 | (412,274 | ) | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| (3,219,202 | ) | (3,368,135 | ) | (1,124,908 | ) | (1,108,627 | ) | (432,303 | ) | (401,200 | ) | (118,561 | ) | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 76,222,368 | 79,461,306 | 12,630,412 | 43,271,940 | 7,442,045 | 15,123,178 | 12,254,111 | ||||||||||||||||||||||||||||||||
| - | (40,495,105 | ) | (5,070,023 | ) | (20,234,276 | ) | (2,522,100 | ) | - | (2,449,364 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 76,222,368 | 38,966,201 | 7,560,389 | 23,037,664 | 4,919,945 | 15,123,178 | 9,804,747 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 69,490,061 | 40,987,559 | 5,159,014 | 23,583,076 | 3,847,701 | 15,347,107 | 9,273,912 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 115,767,803 | 74,780,244 | 43,508,500 | 19,925,424 | 15,347,107 | - | - | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| $ | 185,257,864 | $ | 115,767,803 | $ | 48,667,514 | $ | 43,508,500 | $ | 19,194,808 | $ | 15,347,107 | $ | 9,273,912 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 3,000,000 | 3,100,000 | 500,000 | 1,700,000 | 300,000 | 600,001 | 500,001 | ||||||||||||||||||||||||||||||||
| - | (1,600,000 | ) | (200,000 | ) | (800,000 | ) | (100,000 | ) | - | (100,000 | ) | |||||||||||||||||||||||||||
| 4,500,001 | 3,000,001 | 1,700,001 | 800,001 | 600,001 | - | - | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 7,500,001 | 4,500,001 | 2,000,001 | 1,700,001 | 800,001 | 600,001 | 400,001 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
|
207 |
||||
|
|
| |||
|
Statements of Changes in Net Assets–(continued) For the six months ended February 28, 2022 and the year ended August 31, 2021 (Unaudited) |
| Invesco BulletShares 2022 Municipal Bond ETF (BSMM) |
Invesco BulletShares 2023 Municipal Bond ETF (BSMN) | |||||||||||||||||||
| Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 | |||||||||||||||||
|
Operations: |
||||||||||||||||||||
|
Net investment income |
$ | 91,340 | $ | 182,621 | $ | 80,689 | $ | 144,921 | ||||||||||||
|
Net realized gain (loss) |
- | 1,488 | 280 | - | ||||||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(261,242 | ) | 16,790 | (523,734 | ) | 81,231 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
(169,902 | ) | 200,899 | (442,765 | ) | 226,152 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Distributions to Shareholders from: |
||||||||||||||||||||
|
Distributable earnings |
(92,812 | ) | (182,980 | ) | (80,365 | ) | (145,216 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shareholder Transactions: |
||||||||||||||||||||
|
Proceeds from shares sold |
12,666,483 | 25,352,296 | 7,651,230 | 20,443,722 | ||||||||||||||||
|
Transaction fees |
31,666 | 63,381 | 19,128 | 51,109 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase in net assets resulting from share transactions |
12,698,149 | 25,415,677 | 7,670,358 | 20,494,831 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase in net assets |
12,435,435 | 25,433,596 | 7,147,228 | 20,575,767 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net assets: |
||||||||||||||||||||
|
Beginning of period |
53,278,074 | 27,844,478 | 35,860,089 | 15,284,322 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 65,713,509 | $ | 53,278,074 | $ | 43,007,317 | $ | 35,860,089 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Changes in Shares Outstanding: |
||||||||||||||||||||
|
Shares sold |
500,000 | 1,000,000 | 300,000 | 800,000 | ||||||||||||||||
|
Shares outstanding, beginning of period |
2,100,001 | 1,100,001 | 1,400,001 | 600,001 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shares outstanding, end of period |
2,600,001 | 2,100,001 | 1,700,001 | 1,400,001 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
208 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2024 Municipal Bond ETF (BSMO) |
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) |
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) |
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) |
|||||||||||||||||||||||||||
| Six Months Ended | Year Ended | Six Months Ended | Year Ended | Six Months Ended | Year Ended | Six Months Ended | Year Ended | |||||||||||||||||||||||
| February 28, | August 31, | February 28, | August 31, | February 28, | August 31, | February 28, | August 31, | |||||||||||||||||||||||
| 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||||
| $ | 98,679 | $ | 168,040 | $ | 141,970 | $ | 212,132 | $ | 141,544 | $ | 246,028 | $ | 92,940 | $ | 177,229 | |||||||||||||||
| 117 | - | (194 | ) | - | (631 | ) | - | - | - | |||||||||||||||||||||
| (981,659 | ) | 159,288 | (1,439,314 | ) | 203,443 | (1,125,701 | ) | 393,082 | (798,562 | ) | 358,743 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| (882,863 | ) | 327,328 | (1,297,538 | ) | 415,575 | (984,788 | ) | 639,110 | (705,622 | ) | 535,972 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| (98,897 | ) | (167,869 | ) | (141,231 | ) | (213,149 | ) | (140,318 | ) | (246,078 | ) | (93,682 | ) | (177,044 | ) | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| 7,699,574 | 23,126,510 | 10,286,800 | 28,476,221 | 5,159,437 | 10,232,808 | 2,555,519 | 2,569,911 | |||||||||||||||||||||||
| 19,249 | 57,816 | 25,717 | 71,191 | 12,899 | 25,582 | 6,389 | 6,425 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| 7,718,823 | 23,184,326 | 10,312,517 | 28,547,412 | 5,172,336 | 10,258,390 | 2,561,908 | 2,576,336 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| 6,737,063 | 23,343,785 | 8,873,748 | 28,749,838 | 4,047,230 | 10,651,422 | 1,762,604 | 2,935,264 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| 36,106,178 | 12,762,393 | 39,032,016 | 10,282,178 | 23,391,204 | 12,739,782 | 18,139,513 | 15,204,249 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| $ | 42,843,241 | $ | 36,106,178 | $ | 47,905,764 | $ | 39,032,016 | $ | 27,438,434 | $ | 23,391,204 | $ | 19,902,117 | $ | 18,139,513 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| 300,000 | 900,000 | 400,000 | 1,100,000 | 200,000 | 400,000 | 100,000 | 100,000 | |||||||||||||||||||||||
| 1,400,001 | 500,001 | 1,500,001 | 400,001 | 900,001 | 500,001 | 700,001 | 600,001 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
| 1,700,001 | 1,400,001 | 1,900,001 | 1,500,001 | 1,100,001 | 900,001 | 800,001 | 700,001 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
|
209 |
||||
|
|
| |||
|
Statements of Changes in Net Assets–(continued) For the six months ended February 28, 2022 and the year ended August 31, 2021 (Unaudited) |
| Invesco BulletShares 2028 Municipal Bond ETF (BSMS) |
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) | |||||||||||||||||||
| Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 |
Six Months Ended February 28, 2022 |
Year
Ended August 31, 2021 | |||||||||||||||||
|
Operations: |
||||||||||||||||||||
|
Net investment income |
$ | 117,526 | $ | 145,595 | $ | 106,074 | $ | 131,231 | ||||||||||||
|
Net realized gain (loss) |
- | 22,293 | - | - | ||||||||||||||||
|
Change in net unrealized appreciation (depreciation) |
(864,838 | ) | 221,968 | (797,334 | ) | 121,793 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
(747,312 | ) | 389,856 | (691,260 | ) | 253,024 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Distributions to Shareholders from: |
||||||||||||||||||||
|
Distributable earnings |
(141,484 | ) | (145,891 | ) | (106,681 | ) | (130,877 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shareholder Transactions: |
||||||||||||||||||||
|
Proceeds from shares sold |
2,589,009 | 13,002,285 | 2,607,726 | 10,429,342 | ||||||||||||||||
|
Transaction fees |
6,473 | 32,506 | 6,519 | 26,073 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase in net assets resulting from share transactions |
2,595,482 | 13,034,791 | 2,614,245 | 10,455,415 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase in net assets |
1,706,686 | 13,278,756 | 1,816,304 | 10,577,562 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net assets: |
||||||||||||||||||||
|
Beginning of period |
18,419,320 | 5,140,564 | 15,711,014 | 5,133,452 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 20,126,006 | $ | 18,419,320 | $ | 17,527,318 | $ | 15,711,014 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Changes in Shares Outstanding: |
||||||||||||||||||||
|
Shares sold |
100,000 | 500,000 | 100,000 | 400,000 | ||||||||||||||||
|
Shares outstanding, beginning of period |
700,001 | 200,001 | 600,001 | 200,001 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Shares outstanding, end of period |
800,001 | 700,001 | 700,001 | 600,001 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
For the period September 14, 2020 (commencement of investment operations) through August 31, 2021. |
| (b) |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
210 |
||||
|
|
| |||
|
|
| Invesco BulletShares 2030 Municipal Bond ETF (BSMU) |
Invesco BulletShares 2031 Municipal Bond ETF (BSMV) |
Invesco
BulletShares 2022 USD Emerging Markets Debt ETF (BSBE) |
Invesco
BulletShares 2023 USD Emerging Markets Debt ETF (BSCE) |
|||||||||||||||||||||||||||||||||||
| Six Months Ended | Period Ended | Period Ended | Six Months Ended | Year Ended | Six Months Ended | Year Ended | ||||||||||||||||||||||||||||||||
| February 28, | August 31, | February 28, | February 28, | August 31, | February 28, | August 31, | ||||||||||||||||||||||||||||||||
| 2022 | 2021(a) | 2022(b) | 2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||||||||||||||
| $ | 74,604 | $ | 85,147 | $ | 39,725 | $ | 386,968 | $ | 578,148 | $ | 359,544 | $ | 546,845 | |||||||||||||||||||||||||
| - | - | - | (136,795 | ) | (98,742 | ) | (49,049 | ) | 26,338 | |||||||||||||||||||||||||||||
| (538,817 | ) | 132,715 | (420,668 | ) | (1,968,073 | ) | (129,853 | ) | (2,603,164 | ) | (14,530 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| (464,213 | ) | 217,862 | (380,943 | ) | (1,717,900 | ) | 349,553 | (2,292,669 | ) | 558,653 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| (73,725 | ) | (84,091 | ) | (36,228 | ) | (397,726 | ) | (579,190 | ) | (365,489 | ) | (544,840 | ) | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 5,010,992 | 7,550,499 | 9,869,463 | 7,662,744 | 28,433,558 | 5,182,977 | 20,985,133 | ||||||||||||||||||||||||||||||||
| 12,527 | - | 12,174 | - | - | - | - | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 5,023,519 | 7,550,499 | 9,881,637 | 7,662,744 | 28,433,558 | 5,182,977 | 20,985,133 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 4,485,581 | 7,684,270 | 9,464,466 | 5,547,118 | 28,203,921 | 2,524,819 | 20,998,946 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 7,684,270 | - | - | 38,537,484 | 10,333,563 | 31,424,894 | 10,425,948 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| $ | 12,169,851 | $ | 7,684,270 | $ | 9,464,466 | $ | 44,084,602 | $ | 38,537,484 | $ | 33,949,713 | $ | 31,424,894 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 200,000 | 300,001 | 400,001 | 300,000 | 1,100,000 | 200,000 | 800,000 | ||||||||||||||||||||||||||||||||
| 300,001 | - | - | 1,500,001 | 400,001 | 1,200,001 | 400,001 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
| 500,001 | 300,001 | 400,001 | 1,800,001 | 1,500,001 | 1,400,001 | 1,200,001 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||
|
211 |
||||
|
|
| |||
|
Statements of Changes in Net Assets–(continued) For the six months ended February 28, 2022 and the year ended August 31, 2021 (Unaudited) |
| Invesco BulletShares | ||||||||
| 2024 USD Emerging | ||||||||
| Markets Debt ETF | ||||||||
| (BSDE) | ||||||||
| Six Months Ended | Year Ended | |||||||
| February 28, | August 31, | |||||||
| 2022 | 2021 | |||||||
|
Operations: |
||||||||
|
Net investment income |
$ | 330,184 | $ | 575,304 | ||||
|
Net realized gain (loss) |
14,968 | (74,727 | ) | |||||
|
Change in net unrealized appreciation (depreciation) |
(960,167 | ) | 243,021 | |||||
|
|
|
|
|
|||||
|
Net increase (decrease) in net assets resulting from operations |
(615,015 | ) | 743,598 | |||||
|
|
|
|
|
|||||
|
Distributions to Shareholders from: |
||||||||
|
Distributable earnings |
(329,328 | ) | (576,659 | ) | ||||
|
|
|
|
|
|||||
|
Shareholder Transactions: |
||||||||
|
Proceeds from shares sold |
2,555,968 | 7,884,663 | ||||||
|
|
|
|
|
|||||
|
Net increase in net assets resulting from share transactions |
2,555,968 | 7,884,663 | ||||||
|
|
|
|
|
|||||
|
Net increase in net assets |
1,611,625 | 8,051,602 | ||||||
|
|
|
|
|
|||||
|
Net assets: |
||||||||
|
Beginning of period |
23,643,524 | 15,591,922 | ||||||
|
|
|
|
|
|||||
|
End of period |
$ | 25,255,149 | $ | 23,643,524 | ||||
|
|
|
|
|
|||||
|
Changes in Shares Outstanding: |
||||||||
|
Shares sold |
100,000 | 300,000 | ||||||
|
Shares outstanding, beginning of period |
900,001 | 600,001 | ||||||
|
|
|
|
|
|||||
|
Shares outstanding, end of period |
1,000,001 | 900,001 | ||||||
|
|
|
|
|
|||||
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
212 |
||||
|
|
| |||
|
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM)
|
Six Months Ended 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Years Ended May 31, | ||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | |||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 21.56 | $ | 21.86 | $ | 21.47 | $ | 20.69 | $ | 20.69 | $ | 21.33 | $ | 21.08 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net investment income(a) |
0.15 | 0.37 | 0.54 | 0.61 | 0.15 | 0.54 | 0.55 | ||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.19 | ) | (0.22 | ) | 0.41 | 0.79 | 0.01 | (0.64 | ) | 0.25 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total from investment operations |
(0.04 | ) | 0.15 | 0.95 | 1.40 | 0.16 | (0.10 | ) | 0.80 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.16 | ) | (0.38 | ) | (0.55 | ) | (0.62 | ) | (0.16 | ) | (0.53 | ) | (0.54 | ) | |||||||||||||||||||||
|
Net realized gains |
(0.05 | ) | (0.07 | ) | (0.01 | ) | - | - | (0.01 | ) | (0.01 | ) | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total distributions |
(0.21 | ) | (0.45 | ) | (0.56 | ) | (0.62 | ) | (0.16 | ) | (0.54 | ) | (0.55 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net asset value at end of period |
$ | 21.31 | $ | 21.56 | $ | 21.86 | $ | 21.47 | $ | 20.69 | $ | 20.69 | $ | 21.33 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Market price at end of period |
$ | 21.31 | (b) | $ | 21.57 | (b) | $ | 21.85 | (b) | $ | 21.53 | (b) | $ | 20.74 | (b) | $ | 20.74 | (b) | $ | 21.37 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net Asset Value Total Return(c) |
(0.20 | )% | 0.69 | % | 4.51 | % | 6.89 | % | 0.78 | % | (0.50 | )% | 3.82 | % | |||||||||||||||||||||
|
Market Price Total Return(c) |
(0.25 | )% | 0.78 | % | 4.18 | % | 6.93 | % | 0.77 | % | (0.45 | )% | |||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 2,262,638 | $ | 2,392,718 | $ | 2,039,560 | $ | 1,368,988 | $ | 825,429 | $ | 760,420 | $ | 518,404 | |||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.10 | %(d) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(d) | 0.22 | % | 0.24 | % | |||||||||||||||||||||
|
Expenses, prior to Waivers |
0.10 | %(d) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(d) | 0.22 | % | |||||||||||||||||||||||
|
Net investment income |
1.41 | %(d) | 1.73 | % | 2.49 | % | 2.91 | % | 2.80 | %(d) | 2.58 | % | 2.63 | % | |||||||||||||||||||||
|
Portfolio turnover rate(e) |
4 | % | 16 | % | 19 | % | 4 | % | 0 | %(f) | 8 | % | 10 | % | |||||||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The mean between the last bid and ask prices. |
| (c) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (d) |
Annualized. |
| (e) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (f) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
213 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)
|
Six Months Ended 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Years Ended May 31, | ||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | |||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 21.69 | $ | 21.86 | $ | 21.30 | $ | 20.27 | $ | 20.27 | $ | 20.97 | $ | 20.82 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net investment income(a) |
0.14 | 0.38 | 0.56 | 0.64 | 0.15 | 0.58 | 0.61 | ||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.40 | ) | (0.16 | ) | 0.57 | 1.03 | 0.02 | (0.68 | ) | 0.19 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total from investment operations |
(0.26 | ) | 0.22 | 1.13 | 1.67 | 0.17 | (0.10 | ) | 0.80 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.14 | ) | (0.39 | ) | (0.57 | ) | (0.64 | ) | (0.17 | ) | (0.56 | ) | (0.60 | ) | |||||||||||||||||||||
|
Net realized gains |
(0.06 | ) | (0.00 | )(b) | (0.00 | )(c) | (0.00 | )(c) | - | (0.04 | ) | (0.05 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total distributions |
(0.20 | ) | (0.39 | ) | (0.57 | ) | (0.64 | ) | (0.17 | ) | (0.60 | ) | (0.65 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net asset value at end of period |
$ | 21.23 | $ | 21.69 | $ | 21.86 | $ | 21.30 | $ | 20.27 | $ | 20.27 | $ | 20.97 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Market price at end of period |
$ | 21.23 | (d) | $ | 21.71 | (d) | $ | 21.88 | (d) | $ | 21.35 | (d) | $ | 20.31 | (d) | $ | 20.30 | (d) | $ | 21.03 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net Asset Value Total Return(b) |
(1.20 | )% | 1.01 | % | 5.43 | % | 8.44 | % | 0.84 | % | (0.50 | )% | 3.92 | % | |||||||||||||||||||||
|
Market Price Total Return(b) |
(1.29 | )% | 1.02 | % | 5.28 | % | 8.47 | % | 0.88 | % | (0.65 | )% | |||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 2,280,546 | $ | 2,105,230 | $ | 1,341,078 | $ | 824,159 | $ | 383,069 | $ | 349,603 | $ | 188,736 | |||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.10 | %(e) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(e) | 0.21 | % | 0.24 | % | |||||||||||||||||||||
|
Expenses, prior to Waivers |
0.10 | %(e) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(e) | 0.22 | % | 0.24 | % | |||||||||||||||||||||
|
Net investment income |
1.34 | %(e) | 1.75 | % | 2.63 | % | 3.11 | % | 3.00 | %(e) | 2.80 | % | 2.92 | % | |||||||||||||||||||||
|
Portfolio turnover rate(f) |
12 | % | 12 | % | 9 | % | 6 | % | 0 | %(g) | 7 | % | 15 | % | |||||||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (c) |
Amount represents less than $0.005. |
| (d) |
The mean between the last bid and ask prices. |
| (e) |
Annualized. |
| (f) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (g) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
214 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)
|
Six Months Ended 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Years Ended May 31, | ||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | |||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 22.16 | $ | 22.26 | $ | 21.44 | $ | 20.15 | $ | 20.13 | $ | 20.88 | $ | 20.74 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net investment income(a) |
0.18 | 0.44 | 0.58 | 0.68 | 0.17 | 0.64 | 0.64 | ||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.74 | ) | (0.09 | ) | 0.83 | 1.30 | 0.03 | (0.76 | ) | 0.15 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total from investment operations |
(0.56 | ) | 0.35 | 1.41 | 1.98 | 0.20 | (0.12 | ) | 0.79 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.18 | ) | (0.45 | ) | (0.59 | ) | (0.69 | ) | (0.18 | ) | (0.63 | ) | (0.62 | ) | |||||||||||||||||||||
|
Net realized gains |
(0.04 | ) | - | - | - | - | - | (0.03 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total distributions |
(0.22 | ) | (0.45 | ) | (0.59 | ) | (0.69 | ) | (0.18 | ) | (0.63 | ) | (0.65 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net asset value at end of period |
$ | 21.38 | $ | 22.16 | $ | 22.26 | $ | 21.44 | $ | 20.15 | $ | 20.13 | $ | 20.88 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Market price at end of period |
$ | 21.39 | (b) | $ | 22.18 | (b) | $ | 22.28 | (b) | $ | 21.50 | (b) | $ | 20.20 | (b) | $ | 20.18 | (b) | $ | 20.92 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net Asset Value Total Return(c) |
(2.57 | )% | 1.59 | % | 6.72 | % | 10.08 | % | 1.01 | % | (0.62 | )% | 3.88 | % | |||||||||||||||||||||
|
Market Price Total Return(c) |
(2.61 | )% | 1.59 | % | 6.51 | % | 10.11 | % | 1.01 | % | (0.58 | )% | |||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 2,062,405 | $ | 1,632,038 | $ | 1,085,251 | $ | 575,698 | $ | 311,363 | $ | 292,963 | $ | 162,864 | |||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.10 | %(d) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(d) | 0.21 | % | 0.24 | % | |||||||||||||||||||||
|
Expenses, prior to Waivers |
0.10 | %(d) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(d) | 0.22 | % | 0.24 | % | |||||||||||||||||||||
|
Net investment income |
1.66 | %(d) | 2.00 | % | 2.70 | % | 3.29 | % | 3.29 | %(d) | 3.10 | % | 3.12 | % | |||||||||||||||||||||
|
Portfolio turnover rate(e) |
7 | % | 7 | % | 6 | % | 5 | % | 2 | % | 5 | % | 18 | % | |||||||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The mean between the last bid and ask prices. |
| (c) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (d) |
Annualized. |
| (e) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
215 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)
|
Six Months Ended 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Years Ended May 31, | ||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | |||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 22.30 | $ | 22.44 | $ | 21.41 | $ | 19.89 | $ | 19.84 | $ | 20.67 | $ | 20.65 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net investment income(a) |
0.18 | 0.41 | 0.60 | 0.70 | 0.17 | 0.64 | 0.62 | ||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.92 | ) | (0.13 | ) | 1.05 | 1.51 | 0.07 | (0.85 | ) | 0.05 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total from investment operations |
(0.74 | ) | 0.28 | 1.65 | 2.21 | 0.24 | (0.21 | ) | 0.67 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.18 | ) | (0.42 | ) | (0.62 | ) | (0.69 | ) | (0.19 | ) | (0.62 | ) | (0.59 | ) | |||||||||||||||||||||
|
Net realized gains |
(0.04 | ) | - | - | - | - | - | (0.06 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total distributions |
(0.22 | ) | (0.42 | ) | (0.62 | ) | (0.69 | ) | (0.19 | ) | (0.62 | ) | (0.65 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net asset value at end of period |
$ | 21.34 | $ | 22.30 | $ | 22.44 | $ | 21.41 | $ | 19.89 | $ | 19.84 | $ | 20.67 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Market price at end of period |
$ | 21.35 | (b) | $ | 22.31 | (b) | $ | 22.45 | (b) | $ | 21.44 | (b) | $ | 19.96 | (b) | $ | 19.85 | (b) | $ | 20.71 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net Asset Value Total Return(c) |
(3.34 | )% | 1.25 | % | 7.86 | % | 11.39 | % | 1.19 | % | (1.04 | )% | 3.29 | % | |||||||||||||||||||||
|
Market Price Total Return(c) |
(3.34 | )% | 1.25 | % | 7.75 | % | 11.14 | % | 1.50 | % | (1.19 | )% | |||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 1,184,324 | $ | 1,056,865 | $ | 632,834 | $ | 311,561 | $ | 116,344 | $ | 104,181 | $ | 68,198 | |||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.10 | %(d) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(d) | 0.22 | % | 0.24 | % | |||||||||||||||||||||
|
Expenses, prior to Waivers |
0.10 | %(d) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(d) | 0.22 | % | |||||||||||||||||||||||
|
Net investment income |
1.65 | %(d) | 1.85 | % | 2.77 | % | 3.42 | % | 3.38 | %(d) | 3.14 | % | 3.04 | % | |||||||||||||||||||||
|
Portfolio turnover rate(e) |
6 | % | 8 | % | 9 | % | 3 | % | 1 | % | 14 | % | 18 | % | |||||||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The mean between the last bid and ask prices. |
| (c) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (d) |
Annualized. |
| (e) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
216 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)
|
Six Months Ended February 28, 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Year Ended May 31, |
For the Period September 14, 2016(a) Through May 31, | |||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | |||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 21.56 | $ | 21.75 | $ | 20.57 | $ | 18.84 | $ | 18.82 | $ | 19.66 | $ | 19.88 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net investment income(b) |
0.19 | 0.43 | 0.57 | 0.66 | 0.16 | 0.61 | 0.41 | ||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.06 | ) | (0.18 | ) | 1.20 | 1.71 | 0.04 | (0.89 | ) | (0.32 | ) | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total from investment operations |
(0.87 | ) | 0.25 | 1.77 | 2.37 | 0.20 | (0.28 | ) | 0.09 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.19 | ) | (0.44 | ) | (0.58 | ) | (0.66 | ) | (0.18 | ) | (0.59 | ) | (0.31 | ) | |||||||||||||||||||||
|
Net realized gains |
(0.00 | )(c) | - | (0.02 | ) | (0.00 | )(c) | - | (0.00 | )(c) | - | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total distributions |
(0.19 | ) | (0.44 | ) | (0.60 | ) | (0.66 | ) | (0.18 | ) | (0.59 | ) | (0.31 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Transaction fees(b) |
- | - | 0.01 | 0.02 | - | 0.03 | - | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net asset value at end of period |
$ | 20.50 | $ | 21.56 | $ | 21.75 | $ | 20.57 | $ | 18.84 | $ | 18.82 | $ | 19.66 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Market price at end of period |
$ | 20.53 | (d) | $ | 21.58 | (d) | $ | 21.78 | (d) | $ | 20.62 | (d) | $ | 18.88 | (d) | $ | 18.81 | (d) | $ | 19.69 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net Asset Value Total Return(e) |
(4.06 | )% | 1.16 | % | 8.85 | % | 13.05 | % | 1.07 | % | (1.28 | )% | 0.49 | % | |||||||||||||||||||||
|
Market Price Total Return(e) |
(4.01 | )% | 1.11 | % | 8.73 | % | 13.07 | % | 1.34 | % | (1.50 | )% | |||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 854,853 | $ | 578,885 | $ | 293,682 | $ | 132,679 | $ | 53,693 | $ | 53,638 | $ | 26,538 | |||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.10 | %(f) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(f) | 0.21 | % | 0.24 | %(f) | |||||||||||||||||||||
|
Expenses, prior to Waivers |
0.10 | %(f) | 0.10 | % | 0.10 | % | 0.10 | % | 0.10 | %(f) | 0.22 | % | |||||||||||||||||||||||
|
Net investment income |
1.82 | %(f) | 2.01 | % | 2.76 | % | 3.42 | % | 3.41 | %(f) | 3.16 | % | 3.00 | %(f) | |||||||||||||||||||||
|
Portfolio turnover rate(g) |
2 | % | 2 | % | 7 | % | 4 | % | 0 | % | 0 | %(h) | 4 | % | |||||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
Amount represents less than $0.005. |
| (d) |
The mean between the last bid and ask prices. |
| (e) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (h) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
217 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)
|
Six Months Ended February 28, 2022 |
Years Ended August 31, | Three Months Ended August 31, |
For the Period Through May 31, | |||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | |||||||||||||||||||||||||
|
Per Share Operating Performance: |
||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 22.01 | $ | 22.06 | $ | 20.99 | $ | 19.13 | $ | 19.10 | $ | 19.99 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Net investment income(b) |
0.22 | 0.47 | 0.60 | 0.71 | 0.17 | 0.44 | ||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.17 | ) | (0.05 | ) | 1.08 | 1.84 | 0.04 | (1.03 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Total from investment operations |
(0.95 | ) | 0.42 | 1.68 | 2.55 | 0.21 | (0.59 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Distributions to shareholders from: |
||||||||||||||||||||||||||||||
|
Net investment income |
(0.22 | ) | (0.47 | ) | (0.61 | ) | (0.72 | ) | (0.19 | ) | (0.34 | ) | ||||||||||||||||||
|
Net realized gains |
(0.01 | ) | - | (0.01 | ) | - | - | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Total distributions |
(0.23 | ) | (0.47 | ) | (0.62 | ) | (0.72 | ) | (0.19 | ) | (0.34 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Transaction fees(b) |
- | - | 0.01 | 0.03 | 0.01 | 0.04 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Net asset value at end of period |
$ | 20.83 | $ | 22.01 | $ | 22.06 | $ | 20.99 | $ | 19.13 | $ | 19.10 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Market price at end of period(c) |
$ | 20.84 | $ | 22.04 | $ | 22.07 | $ | 21.05 | $ | 19.16 | $ | 19.09 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Net Asset Value Total Return(d) |
(4.38 | )% | 1.94 | % | 8.25 | % | 13.87 | % | 1.16 | % | (2.77 | )% | ||||||||||||||||||
|
Market Price Total Return(d) |
(4.46 | )% | 2.04 | % | 7.98 | % | 14.01 | % | 1.37 | % | (2.82 | )% | ||||||||||||||||||
|
Ratios/Supplemental Data: |
||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 406,144 | $ | 353,298 | $ | 231,616 | $ | 72,410 | $ | 25,822 | $ | 22,924 | ||||||||||||||||||
|
Ratio to average net assets of: |
||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.10 | %(e) | 0.10 | % | 0.10 | % | |
0.11 |
%(f) |
|
0.10 |
%(e) |
|
0.19 |
%(e) | |||||||||||||||
|
Expenses, prior to Waivers |
0.10 | %(e) | 0.10 | % | 0.10 | % | |
0.11 |
%(f) |
|
0.10 |
%(e) |
|
0.20 |
%(e) | |||||||||||||||
|
Net investment income |
2.05 | %(e) | 2.15 | % | 2.83 | % | |
3.64 |
%(f) |
|
3.60 |
%(e) |
|
3.35 |
%(e) | |||||||||||||||
|
Portfolio turnover rate(g) |
4 | % | 2 | % | 7 | % | 3 | % | 0 | % | 0 | % | ||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
Annualized. |
| (f) |
Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
218 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS)
| For the
Period August 7, 2018(a) Through August 31, 2018 | |||||||||||||||||||||||||
| Six Months Ended February 28, 2022 (Unaudited) |
|||||||||||||||||||||||||
| Years Ended August 31, | |||||||||||||||||||||||||
| 2021 | 2020 | 2019 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 23.17 | $ | 23.25 | $ | 22.11 | $ | 20.06 | $ | 20.00 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net investment income(b) |
0.22 | 0.52 | 0.64 | 0.77 | 0.05 | ||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.35 | ) | (0.09 | )(c) | 1.12 | 1.97 | 0.01 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Total from investment operations |
(1.13 | ) | 0.43 | 1.76 | 2.74 | 0.06 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.22 | ) | (0.51 | ) | (0.65 | ) | (0.76 | ) | - | ||||||||||||||||
|
Net realized gains |
(0.01 | ) | - | (0.00 | )(d) | - | - | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Total distributions |
(0.23 | ) | (0.51 | ) | (0.65 | ) | (0.76 | ) | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Transaction fees(b) |
- | - | 0.03 | 0.07 | - | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net asset value at end of period |
$ | 21.81 | $ | 23.17 | $ | 23.25 | $ | 22.11 | $ | 20.06 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Market price at end of period(e) |
$ | 21.81 | $ | 23.18 | $ | 23.25 | $ | 22.17 | $ | 20.09 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net Asset Value Total Return(f) |
(4.91 | )% | 1.90 | % | 8.33 | % | 14.38 | % | 0.30 | %(g) | |||||||||||||||
|
Market Price Total Return(f) |
(4.95 | )% | 1.95 | % | 8.03 | % | 14.51 | % | 0.45 | %(g) | |||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 245,410 | $ | 225,925 | $ | 129,018 | $ | 36,483 | $ | 6,018 | |||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.10 | %(h) | 0.10 | % | 0.10 | % | 0.12 | %(i) | 0.10 | %(h) | |||||||||||||||
|
Net investment income |
1.99 | %(h) | 2.24 | % | 2.89 | % | 3.74 | %(i) | 3.91 | %(h) | |||||||||||||||
|
Portfolio turnover rate(j) |
4 | % | 2 | % | 3 | % | 1 | % | 0 | % | |||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
Net realized and unrealized gain (loss) on investments per share may not correlate with the Fund’s net realized and unrealized gain (loss) due to timing of shareholder transactions in relation to the fluctuating market values of the Fund’s investments. |
| (d) |
Amount represents less than $0.005. |
| (e) |
The mean between the last bid and ask prices. |
| (f) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (g) |
The net asset value total return from Fund Inception (August 9, 2018, the first day of trading on the Exchange) to August 31, 2018 was 0.30%. The market price total return from Fund Inception to August 31, 2018 was 0.30%. |
| (h) |
Annualized. |
| (i) |
Ratios include non-recurring costs associated with a proxy statement of 0.02%. |
| (j) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
219 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT)
| For the Period | |||||||||||||||
| Six Months Ended | September 10, 2019(a) | ||||||||||||||
| February 28, | Through | ||||||||||||||
| 2022 | Year Ended August 31, | August 31, | |||||||||||||
| (Unaudited) | 2021 | 2020 | |||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||
|
Net asset value at beginning of period |
$ | 21.37 | $ | 21.51 | $ | 20.00 | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Net investment income(b) |
0.21 | 0.42 | 0.51 | ||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.33 | ) | (0.14 | ) | 1.47 | ||||||||||
|
|
|
|
|
|
|
||||||||||
|
Total from investment operations |
(1.12 | ) | 0.28 | 1.98 | |||||||||||
|
|
|
|
|
|
|
||||||||||
|
Distributions to shareholders from: |
|||||||||||||||
|
Net investment income |
(0.20 | ) | (0.42 | ) | (0.51 | ) | |||||||||
|
Net realized gains |
(0.00 | )(c) | - | - | |||||||||||
|
|
|
|
|
|
|
||||||||||
|
Total distributions |
(0.20 | ) | (0.42 | ) | (0.51 | ) | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Transaction fees(b) |
- | - | 0.04 | ||||||||||||
|
|
|
|
|
|
|
||||||||||
|
Net asset value at end of period |
$ | 20.05 | $ | 21.37 | $ | 21.51 | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Market price at end of period(d) |
$ | 20.08 | $ | 21.39 | $ | 21.51 | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Net Asset Value Total Return(e) |
(5.23 | )% | 1.31 | % | 10.29 | %(f) | |||||||||
|
Market Price Total Return(e) |
(5.18 | )% | 1.41 | % | 10.28 | %(f) | |||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 144,393 | $ | 112,209 | $ | 25,815 | |||||||||
|
Ratio to average net assets of: |
|||||||||||||||
|
Expenses |
0.10 | %(g) | 0.10 | % | 0.10 | %(g) | |||||||||
|
Net investment income |
2.01 | %(g) | 1.98 | % | 2.55 | %(g) | |||||||||
|
Portfolio turnover rate(h) |
4 | % | 0 | %(i) | 1 | % | |||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
Amount is less than 0.005%. |
| (d) |
The mean between the last bid and ask prices. |
| (e) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (f) |
The net asset value total return from Fund Inception (September 12, 2019, the first day of trading on the exchange) to August 31, 2020 was 10.96%. The market price total return from Fund Inception to August 31, 2020 was 10.45%. |
| (g) |
Annualized. |
| (h) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (i) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
220 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU)
| For the Period | ||||||||||
| Six Months Ended | September 14, 2020(a) | |||||||||
| February 28, | Through | |||||||||
| 2022 | August 31, | |||||||||
| (Unaudited) | 2021 | |||||||||
|
Per Share Operating Performance: |
||||||||||
|
Net asset value at beginning of period |
$ | 19.77 | $ | 20.00 | ||||||
|
|
|
|
|
|||||||
|
Net investment income(b) |
0.20 | 0.36 | ||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.37 | ) | (0.27 | ) | ||||||
|
|
|
|
|
|||||||
|
Total from investment operations |
(1.17 | ) | 0.09 | |||||||
|
|
|
|
|
|||||||
|
Distributions to shareholders from: |
||||||||||
|
Net investment income |
(0.19 | ) | (0.32 | ) | ||||||
|
|
|
|
|
|||||||
|
Net asset value at end of period |
$ | 18.41 | $ | 19.77 | ||||||
|
|
|
|
|
|||||||
|
Market price at end of period(c) |
$ | 18.44 | $ | 19.79 | ||||||
|
|
|
|
|
|||||||
|
Net Asset Value Total Return(d) |
(5.89 | )% | 0.45 | %(e) | ||||||
|
Market Price Total Return(d) |
(5.88 | )% | 0.55 | %(e) | ||||||
|
Ratios/Supplemental Data: |
||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 80,104 | $ | 26,691 | ||||||
|
Ratio to average net assets of: |
||||||||||
|
Expenses |
0.10 | %(f) | 0.10 | %(f) | ||||||
|
Net investment income |
2.19 | %(f) | 1.89 | %(f) | ||||||
|
Portfolio turnover rate(g) |
0 | % | 3 | % | ||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 16, 2020, the first day of trading on the exchange) to August 31, 2021 was 0.55%. The market price total return from Fund Inception to August 31, 2021 was 0.55%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
221 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)
| For the Period | |||||
| September 13, 2021(a) | |||||
| Through | |||||
| February 28, | |||||
| 2022 | |||||
| (Unaudited) | |||||
|
Per Share Operating Performance: |
|||||
|
Net asset value at beginning of period |
$ | 20.00 | |||
|
|
|
||||
|
Net investment income(b) |
0.20 | ||||
|
Net realized and unrealized gain (loss) on investments |
(1.48 | ) | |||
|
|
|
||||
|
Total from investment operations |
(1.28 | ) | |||
|
|
|
||||
|
Distributions to shareholders from: |
|||||
|
Net investment income |
(0.18 | ) | |||
|
|
|
||||
|
Net asset value at end of period |
$ | 18.54 | |||
|
|
|
||||
|
Market price at end of period(c) |
$ | 18.58 | |||
|
|
|
||||
|
Net Asset Value Total Return(d) |
(6.43 | )%(e) | |||
|
Market Price Total Return(d) |
(6.40 | )%(e) | |||
|
Ratios/Supplemental Data: |
|||||
|
Net assets at end of period (000’s omitted) |
$ | 19,464 | |||
|
Ratio to average net assets of: |
|||||
|
Expenses |
0.10 | %(f) | |||
|
Net investment income |
2.25 | %(f) | |||
|
Portfolio turnover rate(g) |
0 | %(h) | |||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 15, 2021, the first day of trading on the exchange) to February 28, 2022 was (6.52)%. The market price total return from Fund Inception to February 28, 2022 was (6.36)%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (h) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
222 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM)
|
Six Months Ended February 28, 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Years Ended May 31, | |||||||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | ||||||||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
||||||||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 23.31 | $ | 22.97 | $ | 24.37 | $ | 24.56 | $ | 24.54 | $ | 25.46 | $ | 23.97 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Net investment income(a) |
0.32 | 0.84 | 1.07 | 1.32 | 0.33 | 1.36 | 1.36 | |||||||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.30 | ) | 0.35 | (1.40 | ) | (0.17 | ) | 0.06 | (0.91 | ) | 1.39 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Total from investment operations |
0.02 | 1.19 | (0.33 | ) | 1.15 | 0.39 | 0.45 | 2.75 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Distributions to shareholders from: |
||||||||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.32 | ) | (0.85 | ) | (1.07 | ) | (1.34 | ) | (0.37 | ) | (1.37 | ) | (1.26 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Net asset value at end of period |
$ | 23.01 | $ | 23.31 | $ | 22.97 | $ | 24.37 | $ | 24.56 | $ | 24.54 | $ | 25.46 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Market price at end of period |
$ | 23.01 | (b) | $ | 23.29 | (b) | $ | 22.97 | (b) | $ | 24.43 | (b) | $ | 24.61 | (b) | $ | 24.49 | (b) | $ | 25.52 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Net Asset Value Total Return(c) |
0.11 | % | 5.28 | % | (1.28 | )% | 4.90 | % | 1.59 | % | 1.79 | % | 11.74 | % | ||||||||||||||||||||||||||
|
Market Price Total Return(c) |
0.16 | % | 5.19 | % | (1.50 | )% | 4.94 | % | 2.00 | % | 1.35 | % | ||||||||||||||||||||||||||||
|
Ratios/Supplemental Data: |
||||||||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 830,628 | $ | 911,288 | $ | 677,613 | $ | 511,741 | $ | 243,192 | $ | 208,598 | $ | 129,836 | ||||||||||||||||||||||||||
|
Ratio to average net assets of: |
||||||||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.42 | %(d) | 0.42 | %(e) | 0.41 | % | 0.42 | % | 0.42 | %(d) | 0.43 | % | 0.44 | % | ||||||||||||||||||||||||||
|
Expenses, prior to Waivers |
0.42 | %(d) | 0.42 | %(e) | 0.42 | % | 0.42 | % | ||||||||||||||||||||||||||||||||
|
Net investment income |
2.77 | %(d) | 3.63 | % | 4.59 | % | 5.45 | % | 5.34 | %(d) | 5.47 | % | 5.50 | % | ||||||||||||||||||||||||||
|
Portfolio turnover rate(f) |
23 | % | 42 | % | 63 | % | 27 | % | 17 | % | 29 | % | 17 | % | ||||||||||||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The mean between the last bid and ask prices. |
| (c) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (d) |
Annualized. |
| (e) |
In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the investment companies in which the Fund invests. Estimated investment companies’ expenses are not expenses that are incurred directly by the Fund. They are expenses that are incurred directly by the investment companies and are deducted from the value of the investment companies the Fund invests in. The effect of the estimated investment companies’ expenses that the Fund bears indirectly is included in the Fund’s total return. |
| (f) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
223 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)
|
Six Months Ended February 28, 2022 |
Years Ended August 31, |
Three Months Ended August 31, |
Years Ended May 31, | |||||||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | ||||||||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
||||||||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.38 | $ | 24.83 | $ | 25.92 | $ | 26.14 | $ | 25.98 | $ | 26.95 | $ | 25.58 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Net investment income(a) |
0.41 | 1.00 | 1.26 | 1.45 | 0.35 | 1.43 | 1.43 | |||||||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.73 | ) | 0.57 | (1.09 | ) | (0.22 | ) | 0.20 | (0.93 | ) | 1.27 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Total from investment operations |
(0.32 | ) | 1.57 | 0.17 | 1.23 | 0.55 | 0.50 | 2.70 | ||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Distributions to shareholders from: |
||||||||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.41 | ) | (1.02 | ) | (1.27 | ) | (1.47 | ) | (0.39 | ) | (1.43 | ) | (1.33 | ) | ||||||||||||||||||||||||||
|
Net realized gains |
- | - | - | (0.02 | ) | - | (0.04 | ) | - | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Total distributions |
(0.41 | ) | (1.02 | ) | (1.27 | ) | (1.49 | ) | (0.39 | ) | (1.47 | ) | (1.33 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Transaction fees(a) |
- | - | 0.01 | 0.04 | - | - | - | |||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Net asset value at end of period |
$ | 24.65 | $ | 25.38 | $ | 24.83 | $ | 25.92 | $ | 26.14 | $ | 25.98 | $ | 26.95 | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Market price at end of period |
$ | 24.67 | (b) | $ | 25.38 | (b) | $ | 24.81 | (b) | $ | 25.98 | (b) | $ | 26.22 | (b) | $ | 25.93 | (b) | $ | 27.03 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
|
Net Asset Value Total Return(c) |
(1.29 | )% | 6.43 | % | 0.84 | % | 5.06 | % | 2.14 | % | 1.90 | % | 10.80 | % | ||||||||||||||||||||||||||
|
Market Price Total Return(c) |
(1.21 | )% | 6.51 | % | 0.54 | % | 4.97 | % | 2.65 | % | 1.40 | % | ||||||||||||||||||||||||||||
|
Ratios/Supplemental Data: |
||||||||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 756,736 | $ | 677,768 | $ | 389,907 | $ | 243,691 | $ | 112,421 | $ | 101,314 | $ | 37,725 | ||||||||||||||||||||||||||
|
Ratio to average net assets of: |
||||||||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.42 | %(d) | 0.42 | %(e) | 0.41 | % | 0.42 | % | 0.42 | %(d) | 0.43 | % | 0.44 | % | ||||||||||||||||||||||||||
|
Expenses, prior to Waivers |
0.42 | %(d) | 0.42 | %(e) | 0.42 | % | ||||||||||||||||||||||||||||||||||
|
Net investment income |
3.29 | %(d) | 3.97 | % | 5.10 | % | 5.64 | % | 5.39 | %(d) | 5.45 | % | 5.45 | % | ||||||||||||||||||||||||||
|
Portfolio turnover rate(f) |
32 | % | 39 | % | 47 | % | 19 | % | 6 | % | 18 | % | 14 | % | ||||||||||||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The mean between the last bid and ask prices. |
| (c) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (d) |
Annualized. |
| (e) |
In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the investment companies in which the Fund invests. Estimated investment companies’ expenses are not expenses that are incurred directly by the Fund. They are expenses that are incurred directly by the investment companies and are deducted from the value of the investment companies the Fund invests in. The effect of the estimated investment companies’ expenses that the Fund bears indirectly is included in the Fund’s total return. |
| (f) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
224 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)
|
Six Months Ended February 28, 2022 |
Years Ended August 31, | Three Months Ended August 31, |
Year Ended May 31, |
For the Period September 14, 2016(a) Through May 31, | |||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | 2017 | |||||||||||||||||||||||||||||
| Per Share Operating Performance: | |||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period . |
$ | 25.09 | $ | 24.34 | $ | 25.20 | $ | 24.85 | $ | 24.67 | $ | 25.67 | $ | 24.98 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net investment income(b) |
0.47 | 1.06 | 1.17 | 1.34 | 0.33 | 1.30 | 0.91 | ||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.99 | ) | 0.75 | (0.87 | ) | 0.39 | 0.21 | (1.02 | ) | 0.48 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total from investment operations |
(0.52 | ) | 1.81 | 0.30 | 1.73 | 0.54 | 0.28 | 1.39 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.47 | ) | (1.06 | ) | (1.18 | ) | (1.37 | ) | (0.36 | ) | (1.27 | ) | (0.70 | ) | |||||||||||||||||||||
|
Net realized gains |
- | - | - | (0.05 | ) | - | (0.05 | ) | - | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Total distributions |
(0.47 | ) | (1.06 | ) | (1.18 | ) | (1.42 | ) | (0.36 | ) | (1.32 | ) | (0.70 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Transaction fees(b) |
- | - | 0.02 | 0.04 | - | 0.04 | - | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net asset value at end of period |
$ | 24.10 | $ | 25.09 | $ | 24.34 | $ | 25.20 | $ | 24.85 | $ | 24.67 | $ | 25.67 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Market price at end of period |
$ | 24.15 | (c) | $ | 25.10 | (c) | $ | 24.34 | (c) | $ | 25.22 | (c) | $ | 24.92 | (c) | $ | 24.71 | (c) | $ | 25.65 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(2.09 | )% | 7.60 | % | 1.45 | % | 7.44 | % | 2.22 | % | 1.21 | % | 5.67 | % | |||||||||||||||||||||
|
Market Price Total Return(d) |
(1.93 | )% | 7.64 | % | 1.38 | % | 7.22 | % | 2.34 | % | 1.44 | % | |||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 457,892 | $ | 363,855 | $ | 175,241 | $ | 98,261 | $ | 47,210 | $ | 41,936 | $ | 23,103 | |||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.42 | %(e) | 0.42 | % | 0.42 | % | |
0.42 |
%(f) |
|
0.42 |
%(e) |
0.44 | % | |
0.42 |
%(e) | ||||||||||||||||||
|
Expenses, prior to Waivers |
0.42 | %(e) | 0.42 | % | 0.42 | % | |
0.43 |
%(f) |
||||||||||||||||||||||||||
|
Net investment income |
3.87 | %(e) | 4.26 | % | 4.84 | % | |
5.43 |
%(f) |
|
5.30 |
%(e) |
5.14 | % | |
5.10 |
%(e) | ||||||||||||||||||
|
Portfolio turnover rate(g) |
31 | % | 52 | % | 34 | % | 22 | % | 8 | % | 24 | % | 7 | % | |||||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
Annualized. |
| (f) |
Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
225 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)
| Six Months Ended February 28, |
Three Months Ended | For the Period September 27, 2017(a) Through | ||||||||||||||||||||||||||||
| 2022 | Years Ended August 31, | August 31, | May 31, | |||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | 2018 | |||||||||||||||||||||||||
|
Per Share Operating Performance: |
||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 24.61 | $ | 23.77 | $ | 24.48 | $ | 24.28 | $ | 23.96 | $ | 25.01 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Net investment income(b) |
0.51 | 1.10 | 1.27 | 1.43 | 0.38 | 0.90 | ||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.69 | ) | 0.85 | (0.71 | ) | 0.15 | 0.31 | (1.29 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Total from investment operations |
(0.18 | ) | 1.95 | 0.56 | 1.58 | 0.69 | (0.39 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Distributions to shareholders from: |
||||||||||||||||||||||||||||||
|
Net investment income |
(0.51 | ) | (1.11 | ) | (1.29 | ) | (1.43 | ) | (0.38 | ) | (0.73 | ) | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Transaction fees(b) |
- | - | 0.02 | 0.05 | 0.01 | 0.07 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Net asset value at end of period |
$ | 23.92 | $ | 24.61 | $ | 23.77 | $ | 24.48 | $ | 24.28 | $ | 23.96 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Market price at end of period(c) |
$ | 23.95 | $ | 24.63 | $ | 23.74 | $ | 24.53 | $ | 24.31 | $ | 24.03 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||
|
Net Asset Value Total Return(d) |
(0.77 | )% | 8.37 | % | 2.58 | % | 7.06 | % | 2.94 | % | (1.31 | )% | ||||||||||||||||||
|
Market Price Total Return(d) |
(0.72 | )% | 8.60 | % | 2.26 | % | 7.15 | % | 2.76 | % | (1.03 | )% | ||||||||||||||||||
|
Ratios/Supplemental Data: |
||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 351,555 | $ | 292,895 | $ | 130,753 | $ | 75,879 | $ | 21,856 | $ | 14,374 | ||||||||||||||||||
|
Ratio to average net assets of: |
||||||||||||||||||||||||||||||
|
Expenses, after Waivers |
0.42 | %(e) | 0.42 | % | 0.42 | % | 0.42 | %(f) | 0.42 | %(e) | 0.42 | %(e) | ||||||||||||||||||
|
Expenses, prior to Waivers |
0.42 | %(e) | 0.42 | % | 0.42 | % | 0.43 | %(f) | ||||||||||||||||||||||
|
Net investment income |
4.26 | %(e) | 4.52 | % | 5.42 | % | 5.98 | %(f) | 6.33 | %(e) | 5.50 | %(e) | ||||||||||||||||||
|
Portfolio turnover rate(g) |
21 | % | 57 | % | 26 | % | 14 | % | 9 | % | 5 | % | ||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
Annualized. |
| (f) |
Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
226 |
||||
|
|
| |||
|
Financial Highlights—(continued)
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)
| Six Months Ended February 28, |
For the Period August 7, 2018(a) Through | ||||||||||||||||||||||||
| 2022 | Years Ended August 31, | August 31, | |||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | 2018 | |||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.73 | $ | 24.93 | $ | 25.70 | $ | 25.14 | $ | 25.00 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net investment income(b) |
0.56 | 1.12 | 1.24 | 1.45 | 0.09 | ||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.04 | ) | 0.80 | (0.74 | ) | 0.51 | 0.05 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Total from investment operations |
(0.48 | ) | 1.92 | 0.50 | 1.96 | 0.14 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.55 | ) | (1.12 | ) | (1.28 | ) | (1.51 | ) | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net realized gains |
- | - | (0.02 | ) | - | - | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Total distributions |
(0.55 | ) | (1.12 | ) | (1.30 | ) | (1.51 | ) | - | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Transaction fees(b) |
- | - | 0.03 | 0.11 | - | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net asset value at end of period |
$ | 24.70 | $ | 25.73 | $ | 24.93 | $ | 25.70 | $ | 25.14 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Market price at end of period(c) |
$ | 24.74 | $ | 25.74 | $ | 24.88 | $ | 25.75 | $ | 25.15 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
||||||||||||||||
|
Net Asset Value Total Return(d) |
(1.92 | )% | 7.86 | % | 2.31 | % | 8.62 | % | 0.56 | %(e) | |||||||||||||||
|
Market Price Total Return(d) |
(1.80 | )% | 8.12 | % | 1.91 | % | 8.80 | % | 0.60 | %(e) | |||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 185,258 | $ | 115,768 | $ | 74,780 | $ | 25,702 | $ | 5,029 | |||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses, after Waivers |
0.42 | %(f) | 0.42 | % | 0.42 | % | 0.44 | %(g) | 0.42 | %(f) | |||||||||||||||
|
Expenses, prior to Waivers |
0.42 | %(f) | 0.42 | % | 0.42 | % | 0.45 | %(g) | |||||||||||||||||
|
Net investment income |
4.43 | %(f) | 4.41 | % | 5.07 | % | 5.79 | %(g) | 5.54 | %(f) | |||||||||||||||
|
Portfolio turnover rate(h) |
23 | % | 37 | % | 35 | % | 48 | % | 0 | % | |||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (August 9, 2018, the first day of trading on the Exchange) to August 31, 2018 was 0.48%. The market price total return from Fund Inception to August 31, 2018 was 0.56%. |
| (f) |
Annualized. |
| (g) |
Ratios include non-recurring costs associated with a proxy statement of 0.03%. |
| (h) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
| 227 | ||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)
|
Six Months Ended 2022 |
Year Ended August 31, |
For the
Period August 31, | |||||||||||||
| (Unaudited) | 2021 | 2020 | |||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||
|
Net asset value at beginning of period |
$ | 25.59 | $ | 24.91 | $ | 25.00 | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Net investment income(b) |
0.51 | 1.08 | 1.15 | ||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.14 | ) | 0.70 | (0.27 | ) | ||||||||||
|
|
|
|
|
|
|
||||||||||
|
Total from investment operations |
(0.63 | ) | 1.78 | 0.88 | |||||||||||
|
|
|
|
|
|
|
||||||||||
|
Distributions to shareholders from: |
|||||||||||||||
|
Net investment income |
(0.52 | ) | (1.10 | ) | (1.06 | ) | |||||||||
|
Net realized gains |
(0.11 | ) | - | - | |||||||||||
|
|
|
|
|
|
|
||||||||||
|
Total distributions |
(0.63 | ) | (1.10 | ) | (1.06 | ) | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Transaction fees(b) |
- | - | 0.09 | ||||||||||||
|
|
|
|
|
|
|
||||||||||
|
Net asset value at end of period |
$ | 24.33 | $ | 25.59 | $ | 24.91 | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Market price at end of period(c) |
$ | 24.38 | $ | 25.61 | $ | 24.84 | |||||||||
|
|
|
|
|
|
|
||||||||||
|
Net Asset Value Total Return(d) |
(2.52 | )% | 7.29 | % | 4.12 | %(e) | |||||||||
|
Market Price Total Return(d) |
(2.40 | )% | 7.68 | % | 3.84 | %(e) | |||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 48,668 | $ | 43,509 | $ | 19,925 | |||||||||
|
Ratio to average net assets of: |
|||||||||||||||
|
Expenses, after Waivers |
0.42 | %(f) | 0.42 | % | 0.41 | %(f) | |||||||||
|
Expenses, prior to Waivers |
0.42 | %(f) | 0.42 | % | 0.42 | %(f) | |||||||||
|
Net investment income |
4.11 | %(f) | 4.25 | % | 4.90 | %(f) | |||||||||
|
Portfolio turnover rate(g) |
12 | % | 33 | % | 56 | % | |||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 12, 2019, the first day of trading on the exchange) to August 31, 2020 was 4.32%. The market price total return from Fund Inception to August 31, 2020 was 3.84%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
228 |
||||
|
|
| |||
|
Financial Highlights–(continued)
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)
| Six Months Ended February 28, 2022 (Unaudited) |
For the
Period September 14, 2020(a) Through August 31, 2021 | |||||||||
|
Per Share Operating Performance: |
||||||||||
|
Net asset value at beginning of period |
$ | 25.58 | $ | 25.00 | ||||||
|
|
|
|
|
|||||||
|
Net investment income(b) |
0.54 | 1.03 | ||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.49 | ) | 0.51 | |||||||
|
|
|
|
|
|||||||
|
Total from investment operations |
(0.95 | ) | 1.54 | |||||||
|
|
|
|
|
|||||||
|
Distributions to shareholders from: |
||||||||||
|
Net investment income |
(0.54 | ) | (0.96 | ) | ||||||
|
Net realized gains |
(0.10 | ) | - | |||||||
|
|
|
|
|
|||||||
|
Total distributions |
(0.64 | ) | (0.96 | ) | ||||||
|
|
|
|
|
|||||||
|
Net asset value at end of period |
$ | 23.99 | $ | 25.58 | ||||||
|
|
|
|
|
|||||||
|
Market price at end of period(c) |
$ | 24.06 | $ | 25.61 | ||||||
|
|
|
|
|
|||||||
|
Net Asset Value Total Return(d) |
(3.77 | )% | 6.25 | %(e) | ||||||
|
Market Price Total Return(d) |
(3.60 | )% | 6.37 | %(e) | ||||||
|
Ratios/Supplemental Data: |
||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 19,195 | $ | 15,347 | ||||||
|
Ratio to average net assets of: |
||||||||||
|
Expenses |
0.42 | %(f) | 0.43 | %(f) | ||||||
|
Net investment income |
4.34 | %(f) | 4.21 | %(f) | ||||||
|
Portfolio turnover rate(g) |
15 | % | 33 | % | ||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 16, 2020, the first day of trading on the exchange) to August 31, 2021 was 6.72%. The market price total return from Fund Inception to August 31, 2021 was 6.92%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
229 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)
| For the Period September 13, 2021(a) Through February 28, 2022 (Unaudited) | |||||
|
Per Share Operating Performance: |
|||||
|
Net asset value at beginning of period |
$ | 25.00 | |||
|
|
|
||||
|
Net investment income(b) |
0.48 | ||||
|
Net realized and unrealized gain (loss) on investments |
(1.83 | ) | |||
|
|
|
||||
|
Total from investment operations |
(1.35 | ) | |||
|
|
|
||||
|
Distributions to shareholders from: |
|||||
|
Net investment income |
(0.47 | ) | |||
|
|
|
||||
|
Net asset value at end of period |
$ | 23.18 | |||
|
|
|
||||
|
Market price at end of period(c) |
$ | 23.26 | |||
|
|
|
||||
|
Net Asset Value Total Return(d) |
(5.46 | )%(e) | |||
|
Market Price Total Return(d) |
(5.14 | )%(e) | |||
|
Ratios/Supplemental Data: |
|||||
|
Net assets at end of period (000’s omitted) |
$ | 9,274 | |||
|
Ratio to average net assets of: |
|||||
|
Expenses |
0.42 | %(f) | |||
|
Net investment income |
4.31 | %(f) | |||
|
Portfolio turnover rate(g) |
9 | % | |||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 15, 2021, the first day of trading on the exchange) to February 28, 2022 was (5.54)%. The market price total return from Fund Inception to February 28, 2022 was (5.48)%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
230 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.37 | $ | 25.31 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.04 | 0.10 | 0.24 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.11 | ) | 0.03 | 0.24 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.07 | ) | 0.13 | 0.48 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.04 | ) | (0.11 | ) | (0.26 | ) | |||||||||||||||||||
|
Net realized gains |
(0.00 | )(c) | - | - | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total distributions |
(0.04 | ) | (0.11 | ) | (0.26 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.04 | 0.09 | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.27 | $ | 25.37 | $ | 25.31 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(d) |
$ | 25.34 | $ | 25.44 | $ | 25.40 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(e) |
(0.23 | )% | 0.66 | % | 2.30 | %(f) | |||||||||||||||||||
|
Market Price Total Return(e) |
(0.23 | )% | 0.58 | % | 2.65 | %(f) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 65,714 | $ | 53,278 | $ | 27,844 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(g) | 0.18 | % | 0.18 | %(g) | |||||||||||||||||||
|
Net investment income |
0.32 | %(g) | 0.41 | % | 1.02 | %(g) | |||||||||||||||||||
|
Portfolio turnover rate(h) |
9 | % | 1 | % | 5 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
Amount represents less than $0.005. |
| (d) |
The mean between the last bid and ask prices. |
| (e) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (f) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 2.38%. The market price total return from Fund Inception to August 31, 2020 was 2.65%. |
| (g) |
Annualized. |
| (h) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
231 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.61 | $ | 25.47 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.05 | 0.14 | 0.26 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.32 | ) | 0.09 | 0.47 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.27 | ) | 0.23 | 0.73 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.05 | ) | (0.14 | ) | (0.26 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.05 | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.30 | $ | 25.61 | $ | 25.47 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.38 | $ | 25.69 | $ | 25.53 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(1.00 | )% | 1.12 | % | 2.94 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(1.00 | )% | 1.19 | % | 3.18 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 43,007 | $ | 35,860 | $ | 15,284 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
0.43 | %(f) | 0.55 | % | 1.08 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
2 | % | 0 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 3.03%. The market price total return from Fund Inception to August 31, 2020 was 3.14%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
232 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2024 Municipal Bond ETF (BSMO)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.79 | $ | 25.52 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.06 | 0.17 | 0.30 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.60 | ) | 0.22 | 0.52 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.54 | ) | 0.39 | 0.82 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.06 | ) | (0.18 | ) | (0.30 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.06 | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.20 | $ | 25.79 | $ | 25.52 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.27 | $ | 25.87 | $ | 25.62 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(2.04 | )% | 1.77 | % | 3.30 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(2.07 | )% | 1.69 | % | 3.71 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 42,843 | $ | 36,106 | $ | 12,762 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
0.51 | %(f) | 0.67 | % | 1.26 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
0 | %(h) | 0 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 3.30%. The market price total return from Fund Inception to August 31, 2020 was 3.71%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (h) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
233 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 26.02 | $ | 25.71 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.09 | 0.22 | 0.33 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(0.83 | ) | 0.25 | 0.71 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.74 | ) | 0.47 | 1.04 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.09 | ) | (0.23 | ) | (0.33 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.02 | 0.07 | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.21 | $ | 26.02 | $ | 25.71 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.29 | $ | 26.08 | $ | 25.78 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(2.79 | )% | 2.12 | % | 4.19 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(2.70 | )% | 2.08 | % | 4.48 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 47,906 | $ | 39,032 | $ | 10,282 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
0.67 | %(f) | 0.84 | % | 1.39 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
0 | %(h) | 0 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 4.19%. The market price total return from Fund Inception to August 31, 2020 was 4.44%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (h) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
234 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.99 | $ | 25.48 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.14 | 0.31 | 0.40 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.06 | ) | 0.49 | 0.48 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.92 | ) | 0.80 | 0.88 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.14 | ) | (0.32 | ) | (0.40 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.03 | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 24.94 | $ | 25.99 | $ | 25.48 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.01 | $ | 26.07 | $ | 25.54 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(3.52 | )% | 3.27 | % | 3.58 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(3.54 | )% | 3.34 | % | 3.83 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 27,438 | $ | 23,391 | $ | 12,740 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
1.10 | %(f) | 1.22 | % | 1.70 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
0 | %(h) | 0 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 3.58%. The market price total return from Fund Inception to August 31, 2020 was 4.20%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
| (h) |
Amount represents less than 0.5%. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
235 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.91 | $ | 25.34 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.13 | 0.26 | 0.37 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.04 | ) | 0.57 | 0.26 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.91 | ) | 0.83 | 0.63 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.13 | ) | (0.27 | ) | (0.36 | ) | |||||||||||||||||||
|
Return of capital |
- | - | (0.04 | ) | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total distributions |
(0.13 | ) | (0.27 | ) | (0.40 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.01 | 0.11 | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 24.88 | $ | 25.91 | $ | 25.34 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 24.92 | $ | 25.95 | $ | 25.42 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(3.50 | )% | 3.32 | % | 3.02 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(3.49 | )% | 3.15 | % | 3.34 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 19,902 | $ | 18,140 | $ | 15,204 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
1.01 | %(f) | 1.03 | % | 1.58 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
0 | % | 0 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 3.02%. The market price total return from Fund Inception to August 31, 2020 was 3.46%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
236 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 26.31 | $ | 25.70 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.16 | 0.38 | 0.43 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.13 | ) | 0.55 | 0.69 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.97 | ) | 0.93 | 1.12 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.16 | ) | (0.40 | ) | (0.42 | ) | |||||||||||||||||||
|
Net realized gains |
(0.03 | ) | - | - | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total distributions |
(0.19 | ) | (0.40 | ) | (0.42 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.08 | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.16 | $ | 26.31 | $ | 25.70 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.22 | $ | 26.36 | $ | 25.76 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(3.65 | )% | 3.95 | % | 4.56 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(3.61 | )% | 3.91 | % | 4.80 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 20,126 | $ | 18,419 | $ | 5,141 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
1.26 | %(f) | 1.45 | % | 1.80 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
0 | % | 4 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 4.48%. The market price total return from Fund Inception to August 31, 2020 was 4.68%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
237 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)
| Six Months Ended February 28, 2022 (Unaudited) |
Year Ended August 31, 2021 |
For the Period September 23, 2019(a) Through August 31, 2020 | |||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 26.18 | $ | 25.67 | $ | 25.00 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net investment income(b) |
0.17 | 0.36 | 0.44 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.15 | ) | 0.47 | 0.67 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Total from investment operations |
(0.98 | ) | 0.83 | 1.11 | |||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||
|
Net investment income |
(0.17 | ) | (0.39 | ) | (0.44 | ) | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Transaction fees(b) |
0.01 | 0.07 | - | ||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.04 | $ | 26.18 | $ | 25.67 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.12 | $ | 26.24 | $ | 25.70 | |||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(3.73 | )% | 3.52 | % | 4.52 | %(e) | |||||||||||||||||||
|
Market Price Total Return(d) |
(3.64 | )% | 3.63 | % | 4.64 | %(e) | |||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 17,527 | $ | 15,711 | $ | 5,133 | |||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | % | 0.18 | %(f) | |||||||||||||||||||
|
Net investment income |
1.32 | %(f) | 1.40 | % | 1.88 | %(f) | |||||||||||||||||||
|
Portfolio turnover rate(g) |
0 | % | 0 | % | 0 | % | |||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 25, 2019, the first day of trading on the exchange) to August 31, 2020 was 4.60%. The market price total return from Fund Inception to August 31, 2020 was 4.68%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
238 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2030 Municipal Bond ETF (BSMU)
| Six Months Ended February 28, 2022 (Unaudited) |
For the Period September 14, 2020(a) Through August 31, 2021 | ||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||
|
Net asset value at beginning of period |
$ | 25.61 | $ | 25.00 | |||||||||||
|
|
|
|
|
||||||||||||
|
Net investment income(b) |
0.19 | 0.37 | |||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.30 | ) | 0.59 | ||||||||||||
|
|
|
|
|
||||||||||||
|
Total from investment operations |
(1.11 | ) | 0.96 | ||||||||||||
|
|
|
|
|
||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||
|
Net investment income |
(0.19 | ) | (0.35 | ) | |||||||||||
|
|
|
|
|
||||||||||||
|
Transaction fees(b) |
0.03 | - | |||||||||||||
|
|
|
|
|
||||||||||||
|
Net asset value at end of period |
$ | 24.34 | $ | 25.61 | |||||||||||
|
|
|
|
|
||||||||||||
|
Market price at end of period(c) |
$ | 24.42 | $ | 25.69 | |||||||||||
|
|
|
|
|
||||||||||||
|
Net Asset Value Total Return(d) |
(4.23 | )% | 3.87 | %(e) | |||||||||||
|
Market Price Total Return(d) |
(4.21 | )% | 4.19 | %(e) | |||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 12,170 | $ | 7,684 | |||||||||||
|
Ratio to average net assets of: |
|||||||||||||||
|
Expenses |
0.18 | %(f) | 0.18 | %(f) | |||||||||||
|
Net investment income |
1.55 | %(f) | 1.52 | %(f) | |||||||||||
|
Portfolio turnover rate(g) |
0 | % | 0 | % | |||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 16, 2020, the first day of trading on the exchange) to August 31, 2021 was 4.04%. The market price total return from Fund Inception to August 31, 2021 was 4.23%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
239 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2031 Municipal Bond ETF (BSMV)
| For the Period September 13, 2021(a) Through February 28, 2022 (Unaudited) | |||||
|
Per Share Operating Performance: |
|||||
|
Net asset value at beginning of period |
$ | 25.00 | |||
|
|
|
||||
|
Net investment income(b) |
0.17 | ||||
|
Net realized and unrealized gain (loss) on investments |
(1.41 | ) | |||
|
|
|
||||
|
Total from investment operations |
(1.24 | ) | |||
|
|
|
||||
|
Distributions to shareholders from: |
|||||
|
Net investment income |
(0.15 | ) | |||
|
|
|
||||
|
Transaction fees(b) |
0.05 | ||||
|
|
|
||||
|
Net asset value at end of period |
$ | 23.66 | |||
|
|
|
||||
|
Market price at end of period(c) |
$ | 23.74 | |||
|
|
|
||||
|
Net Asset Value Total Return(d) |
(4.78 | )%(e) | |||
|
Market Price Total Return(d) |
(4.45 | )%(e) | |||
|
Ratios/Supplemental Data: |
|||||
|
Net assets at end of period (000’s omitted) |
$ | 9,464 | |||
|
Ratio to average net assets of: |
|||||
|
Expenses |
0.18 | %(f) | |||
|
Net investment income |
1.48 | %(f) | |||
|
Portfolio turnover rate(g) |
0 | % | |||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (September 15, 2021, the first day of trading on the exchange) to February 28, 2022 was (4.55)%. The market price total return from Fund Inception to February 28, 2022 was (4.53)%. |
| (f) |
Annualized. |
| (g) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
240 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)
|
Six Months Ended 2022 |
Years Ended August 31, |
For the Period August 31, | |||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | ||||||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 25.69 | $ | 25.83 | $ | 25.91 | $ | 25.00 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Net investment income(b) |
0.23 | 0.63 | 1.04 | 0.95 | |||||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.19 | ) | (0.03 | ) | (0.03 | ) | 0.92 | ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Total from investment operations |
(0.96 | ) | 0.60 | 1.01 | 1.87 | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.24 | ) | (0.74 | ) | (1.04 | ) | (0.96 | ) | |||||||||||||||||||||||||||
|
Net realized gains |
- | - | (0.05 | ) | - | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Total distributions |
(0.24 | ) | (0.74 | ) | (1.09 | ) | (0.96 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Net asset value at end of period |
$ | 24.49 | $ | 25.69 | $ | 25.83 | $ | 25.91 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Market price at end of period(c) |
$ | 24.68 | $ | 25.71 | $ | 25.90 | $ | 25.95 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(3.77 | )% | 2.35 | % | 4.01 | % | 7.63 | %(e) | |||||||||||||||||||||||||||
|
Market Price Total Return(d) |
(3.10 | )% | 2.14 | % | 4.14 | % | 7.79 | %(e) | |||||||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 44,085 | $ | 38,537 | $ | 10,334 | $ | 10,365 | |||||||||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses |
0.29 | %(f) | 0.29 | % | 0.29 | % | 0.32 | %(g) | |||||||||||||||||||||||||||
|
Net investment income |
1.85 | %(f) | 2.44 | % | 4.03 | % | 4.11 | %(g) | |||||||||||||||||||||||||||
|
Portfolio turnover rate(h) |
5 | % | 27 | % | 7 | % | 15 | % | |||||||||||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (October 4, 2018, the first day of trading on the Exchange) to August 31, 2019 was 8.41%. The market price total return from Fund Inception to August 31, 2019 was 8.45%. |
| (f) |
Annualized. |
| (g) |
Ratios are annualized except for non-recurring costs associated with a proxy statement of 0.03%. |
| (h) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
241 |
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|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)
|
Six Months Ended 2022 |
Years Ended August 31, |
For the Period August 31, | |||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | ||||||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 26.19 | $ | 26.06 | $ | 26.17 | $ | 25.00 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Net investment income(b) |
0.28 | 0.68 | 1.03 | 0.98 | |||||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.94 | ) | 0.23 | (0.01 | ) | 1.17 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Total from investment operations |
(1.66 | ) | 0.91 | 1.02 | 2.15 | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.28 | ) | (0.78 | ) | (1.03 | ) | (0.98 | ) | |||||||||||||||||||||||||||
|
Net realized gains |
- | - | (0.10 | ) | - | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Total distributions |
(0.28 | ) | (0.78 | ) | (1.13 | ) | (0.98 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Net asset value at end of period |
$ | 24.25 | $ | 26.19 | $ | 26.06 | $ | 26.17 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Market price at end of period(c) |
$ | 24.52 | $ | 26.23 | $ | 26.13 | $ | 26.19 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(6.41 | )% | 3.55 | % | 4.05 | % | 8.79 | %(e) | |||||||||||||||||||||||||||
|
Market Price Total Return(d) |
(5.51 | )% | 3.42 | % | 4.25 | % | 8.87 | %(e) | |||||||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 33,950 | $ | 31,425 | $ | 10,426 | $ | 10,466 | |||||||||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses |
0.29 | %(f) | 0.29 | % | 0.29 | % | 0.32 | %(g) | |||||||||||||||||||||||||||
|
Net investment income |
2.15 | %(f) | 2.60 | % | 3.97 | % | 4.24 | %(g) | |||||||||||||||||||||||||||
|
Portfolio turnover rate(h) |
4 | % | 19 | % | 11 | % | 16 | % | |||||||||||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (October 4, 2018, the first day of trading on the Exchange) to August 31, 2019 was 9.68%. The market price total return from Fund Inception to August 31, 2019 was 9.57%. |
| (f) |
Annualized. |
| (g) |
Ratios are annualized except for non-recurring costs associated with a proxy statement of 0.03%. |
| (h) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
242 |
||||
|
|
| |||
Financial Highlights–(continued)
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE)
|
Six Months Ended 2022 |
Years Ended August 31, |
For the Period Through August 31, | |||||||||||||||||||||||||||||||||
| (Unaudited) | 2021 | 2020 | 2019 | ||||||||||||||||||||||||||||||||
|
Per Share Operating Performance: |
|||||||||||||||||||||||||||||||||||
|
Net asset value at beginning of period |
$ | 26.27 | $ | 25.99 | $ | 26.44 | $ | 25.00 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Net investment income(b) |
0.36 | 0.81 | 1.01 | 1.05 | |||||||||||||||||||||||||||||||
|
Net realized and unrealized gain (loss) on investments |
(1.01 | ) | 0.29 | (0.41 | ) | 1.46 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Total from investment operations |
(0.65 | ) | 1.10 | 0.60 | 2.51 | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Distributions to shareholders from: |
|||||||||||||||||||||||||||||||||||
|
Net investment income |
(0.36 | ) | (0.82 | ) | (1.02 | ) | (1.07 | ) | |||||||||||||||||||||||||||
|
Net realized gains |
- | - | (0.10 | ) | - | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Total distributions |
(0.36 | ) | (0.82 | ) | (1.12 | ) | (1.07 | ) | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Transaction fees(b) |
- | - | 0.07 | - | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Net asset value at end of period |
$ | 25.26 | $ | 26.27 | $ | 25.99 | $ | 26.44 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Market price at end of period(c) |
$ | 25.33 | $ | 26.28 | $ | 26.05 | $ | 26.53 | |||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
||||||||||||||||||||||||||||
|
Net Asset Value Total Return(d) |
(2.49 | )% | 4.31 | % | 2.65 | % | 10.29 | %(e) | |||||||||||||||||||||||||||
|
Market Price Total Return(d) |
(2.26 | )% | 4.11 | % | 2.57 | % | 10.66 | %(e) | |||||||||||||||||||||||||||
|
Ratios/Supplemental Data: |
|||||||||||||||||||||||||||||||||||
|
Net assets at end of period (000’s omitted) |
$ | 25,255 | $ | 23,644 | $ | 15,592 | $ | 10,575 | |||||||||||||||||||||||||||
|
Ratio to average net assets of: |
|||||||||||||||||||||||||||||||||||
|
Expenses |
0.29 | %(f) | 0.29 | % | 0.29 | % | 0.32 | %(g) | |||||||||||||||||||||||||||
|
Net investment income |
2.81 | %(f) | 3.11 | % | 3.91 | % | 4.52 | %(g) | |||||||||||||||||||||||||||
|
Portfolio turnover rate(h) |
2 | % | 22 | % | 39 | % | 10 | % | |||||||||||||||||||||||||||
| (a) |
Commencement of investment operations. |
| (b) |
Based on average shares outstanding. |
| (c) |
The mean between the last bid and ask prices. |
| (d) |
Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
| (e) |
The net asset value total return from Fund Inception (October 4, 2018, the first day of trading on the Exchange) to August 31, 2019 was 11.26%. The market price total return from Fund Inception to August 31, 2019 was 11.46%. |
| (f) |
Annualized. |
| (g) |
Ratios are annualized except for non-recurring costs associated with a proxy statement of 0.03%. |
| (h) |
Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
See accompanying Notes to Financial Statements which are an integral part of the financial statements.
|
243 |
||||
|
|
| |||
Invesco Exchange-Traded Self-Indexed Fund Trust
February 28, 2022
(Unaudited)
NOTE 1–Organization
Invesco Exchange-Traded Self-Indexed Fund Trust (the “Trust”) was organized as a Delaware statutory trust and is authorized to have multiple series of portfolios. The Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”). This report includes the following portfolios:
| Full Name |
Short Name | |
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM) |
“BulletShares 2022 Corporate Bond ETF” | |
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN) |
“BulletShares 2023 Corporate Bond ETF” | |
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO) |
“BulletShares 2024 Corporate Bond ETF” | |
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP) |
“BulletShares 2025 Corporate Bond ETF” | |
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) |
“BulletShares 2026 Corporate Bond ETF” | |
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR) |
“BulletShares 2027 Corporate Bond ETF” | |
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS) |
“BulletShares 2028 Corporate Bond ETF” | |
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) |
“BulletShares 2029 Corporate Bond ETF” | |
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU) |
“BulletShares 2030 Corporate Bond ETF” | |
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV) |
“BulletShares 2031 Corporate Bond ETF” | |
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM) |
“BulletShares 2022 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) |
“BulletShares 2023 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) |
“BulletShares 2024 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) |
“BulletShares 2025 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) |
“BulletShares 2026 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) |
“BulletShares 2027 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) |
“BulletShares 2028 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) |
“BulletShares 2029 High Yield Corporate Bond ETF” | |
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM) |
“BulletShares 2022 Municipal Bond ETF” | |
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN) |
“BulletShares 2023 Municipal Bond ETF” | |
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO) |
“BulletShares 2024 Municipal Bond ETF” | |
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) |
“BulletShares 2025 Municipal Bond ETF” | |
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) |
“BulletShares 2026 Municipal Bond ETF” | |
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) |
“BulletShares 2027 Municipal Bond ETF” | |
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS) |
“BulletShares 2028 Municipal Bond ETF” | |
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) |
“BulletShares 2029 Municipal Bond ETF” | |
|
Invesco BulletShares 2030 Municipal Bond ETF (BSMU) |
“BulletShares 2030 Municipal Bond ETF” | |
|
Invesco BulletShares 2031 Municipal Bond ETF (BSMV) |
“BulletShares 2031 Municipal Bond ETF” | |
|
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE) |
“BulletShares 2022 USD Emerging Markets Debt ETF” | |
|
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE) |
“BulletShares 2023 USD Emerging Markets Debt ETF” | |
|
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE) |
“BulletShares 2024 USD Emerging Markets Debt ETF” | |
Each portfolio (each, a “Fund”, and collectively, the “Funds”) represents a separate series of the Trust. The shares of the Funds are referred to herein as “Shares” or “Fund’s Shares.” Each Fund’s Shares are listed and traded on The Nasdaq Stock Market.
The market price of each Share may differ to some degree from a Fund’s net asset value (“NAV”). Unlike conventional mutual funds, each Fund issues and redeems Shares on a continuous basis, at NAV, only in a large specified number of Shares, each called a “Creation Unit.” Creation Units of each Fund (except for BulletShares 2022 Municipal Bond ETF, BulletShares 2023 Municipal Bond ETF, BulletShares 2024 Municipal Bond ETF, BulletShares 2025 Municipal Bond ETF, BulletShares 2026 Municipal Bond ETF, BulletShares 2027 Municipal Bond ETF, BulletShares 2028 Municipal Bond ETF, BulletShares 2029 Municipal Bond ETF, BulletShares 2030 Municipal Bond ETF and BulletShares 2031 Municipal Bond ETF) are issued and redeemed principally in exchange for the deposit or delivery of a basket of securities (“Deposit Securities”). Creation Units of BulletShares 2022 Municipal Bond ETF, BulletShares 2023 Municipal Bond ETF, BulletShares 2024 Municipal Bond ETF, BulletShares 2025 Municipal Bond ETF, BulletShares 2026 Municipal Bond ETF, BulletShares 2027 Municipal Bond ETF, BulletShares 2028 Municipal Bond ETF, BulletShares 2029 Municipal Bond ETF, BulletShares 2030 Municipal Bond ETF and BulletShares 2031 Municipal Bond ETF are
|
244 |
||||
|
|
| |||
issued and redeemed principally in exchange for the deposit or delivery of cash. Except when aggregated in Creation Units by Authorized Participants, the Shares are not individually redeemable securities of the Funds.
The investment objective of each Fund is to seek to track the investment results (before fees and expenses) of its respective index listed below (each, an “Underlying Index”):
| Fund |
Underlying Index | |
|
BulletShares 2022 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2022 Index | |
|
BulletShares 2023 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2023 Index | |
|
BulletShares 2024 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2024 Index | |
|
BulletShares 2025 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2025 Index | |
|
BulletShares 2026 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2026 Index | |
|
BulletShares 2027 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2027 Index | |
|
BulletShares 2028 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2028 Index | |
|
BulletShares 2029 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2029 Index | |
|
BulletShares 2030 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2030 Index | |
|
BulletShares 2031 Corporate Bond ETF |
Nasdaq BulletShares® USD Corporate Bond 2031 Index | |
|
BulletShares 2022 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2022 Index | |
|
BulletShares 2023 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2023 Index | |
|
BulletShares 2024 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2024 Index | |
|
BulletShares 2025 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2025 Index | |
|
BulletShares 2026 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2026 Index | |
|
BulletShares 2027 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2027 Index | |
|
BulletShares 2028 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2028 Index | |
|
BulletShares 2029 High Yield Corporate Bond ETF |
Nasdaq BulletShares® USD High Yield Corporate Bond 2029 Index | |
|
BulletShares 2022 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2022 Index | |
|
BulletShares 2023 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2023 Index | |
|
BulletShares 2024 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2024 Index | |
|
BulletShares 2025 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2025 Index | |
|
BulletShares 2026 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2026 Index | |
|
BulletShares 2027 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2027 Index | |
|
BulletShares 2028 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2028 Index | |
|
BulletShares 2029 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2029 Index | |
|
BulletShares 2030 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2030 Index | |
|
BulletShares 2031 Municipal Bond ETF |
Invesco BulletShares® Municipal Bond 2031 Index | |
|
BulletShares 2022 USD Emerging Markets Debt ETF |
Nasdaq BulletShares® USD Emerging Markets Debt 2022 Index | |
|
BulletShares 2023 USD Emerging Markets Debt ETF |
Nasdaq BulletShares® USD Emerging Markets Debt 2023 Index | |
|
BulletShares 2024 USD Emerging Markets Debt ETF |
Nasdaq BulletShares® USD Emerging Markets Debt 2024 Index | |
NOTE 2–Significant Accounting Policies
The following is a summary of the significant accounting policies followed by the Funds in preparation of their financial statements.
Each Fund is an investment company and accordingly follows the investment company accounting and reporting guidance in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 946, Financial Services–Investment Companies.
| A. |
Security Valuation - Securities, including restricted securities, are valued according to the following policies: |
A security listed or traded on an exchange (except convertible securities) is generally valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded or, lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and asked prices from the exchange on which they are principally traded, or at the final settlement price set by such exchange. Swaps and options not listed on an exchange are valued by an independent source. For purposes of determining NAV per Share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange (“NYSE”).
Variable rate senior loan interests are fair valued using quotes provided by an independent pricing service. Quotes provided
|
245 |
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|
|
| |||
by the pricing service may reflect appropriate factors such as ratings, tranche type, industry, company performance, spread, individual trading characteristics, institution-size trading in similar groups of securities and other market data.
Investment companies are valued using such company’s NAV per share, unless the shares are exchange-traded, in which case they are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded.
Debt obligations (including convertible securities) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate (for unlisted equities), yield (for debt obligations), quality, type of issue, coupon rate (for debt obligations), maturity (for debt obligations), individual trading characteristics and other market data. Securities with a demand feature exercisable within one to seven days are valued at par. Pricing services generally value debt obligations assuming orderly transactions of institutional round lot size, but a Fund may hold or transact in the same securities in smaller, odd lot sizes. Odd lots often trade at lower prices than institutional round lots. Debt obligations are subject to interest rate and credit risks. In addition, all debt obligations involve some risk of default with respect to interest and/or principal payments.
Foreign securities’ (including foreign exchange contracts’) prices are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the London world markets. If market quotations are available and reliable for foreign exchange-traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that Invesco Capital Management LLC (the “Adviser”) determines are significant and make the closing price unreliable, a Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities’ prices meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, the potential for sharply devalued currencies and high inflation, political and economic upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards.
Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value exchange-traded equity securities. The mean between the last bid and asked prices may be used to value debt obligations, including corporate loans, and unlisted equity securities.
Securities for which market quotations are not readily available or became unreliable are valued at fair value as determined in good faith following procedures approved by the Board of Trustees. Issuer-specific events, market trends, bid/asked quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security’s fair value.
Each Fund may invest in securities that are subject to interest rate risk, meaning the risk that the prices will generally fall as interest rates rise and, conversely, the prices will generally rise as interest rates fall. Specific securities differ in their sensitivity to changes in interest rates depending on their individual characteristics. Changes in interest rates may result in increased market volatility, which may affect the value and/or liquidity of certain Fund investments.
Valuations change in response to many factors, including the historical and prospective earnings of the issuer, the value of the issuer’s assets, general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally and market liquidity. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
| B. |
Investment Transactions and Investment Income - Investment transactions are accounted for on a trade date basis. Realized gains and losses from the sale or disposition of securities are computed on the specific identified cost basis. Interest income is recorded on an accrual basis from settlement date and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable. Pay-in-kind interest income and non-cash dividend income received in the form of securities in-lieu of cash are recorded at the fair value of the securities received. Dividend income (net of withholding tax, if any) is recorded on the ex-dividend date. Dividend income from REITs is recorded based on the income included in the distributions received from the REIT investments using published REIT classifications, including some management estimates when actual amounts are not available. Distributions received in excess of this estimated amount are |
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| recorded as a reduction of the cost of investments or reclassified to capital gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year-end, and may differ from the estimated amounts. Realized gains, dividends and interest received by a Fund may give rise to withholding and other taxes imposed by foreign countries. Tax conventions between certain countries and the United States may reduce or eliminate such taxes. |
The Funds may periodically participate in litigation related to each Fund’s investments. As such, the Funds may receive proceeds from litigation settlements. Any proceeds received are included in the Statements of Operations as realized gain (loss) for investments no longer held and as unrealized gain (loss) for investments still held.
Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized and unrealized gain (loss) from investment securities reported in the Statements of Operations and the Statements of Changes in Net Assets and the net realized and unrealized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of each Fund’s NAV and, accordingly, they reduce each Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statements of Operations and the Statements of Changes in Net Assets, or the net investment income per share and the ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between each Fund and the Adviser.
| C. |
Country Determination - For the purposes of presentation in the Schedules of Investments, the Adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include whether each Fund’s Underlying Index has made a country determination and may include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer’s securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. |
| D. |
Dividends and Distributions to Shareholders - Each Fund declares and pays dividends from net investment income, if any, to its shareholders monthly and records such dividends on the ex-dividend date. Generally, each Fund distributes net realized taxable capital gains, if any, annually in cash and records them on the ex-dividend date. Such distributions on a tax basis are determined in conformity with federal income tax regulations, which may differ from accounting principles generally accepted in the United States of America (“GAAP”). Distributions in excess of tax basis earnings and profits, if any, are reported in each Fund’s financial statements as a tax return of capital at fiscal year-end. |
| E. |
Federal Income Taxes - Each Fund intends to comply with the provisions of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), applicable to regulated investment companies and to distribute substantially all of the Fund’s taxable earnings to its shareholders. As such, the Funds will not be subject to federal income taxes on otherwise taxable income (including net realized gains) that is distributed to the shareholders. Therefore, no provision for federal income taxes is recorded in the financial statements. |
Each Fund recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained. Management has analyzed each Fund’s uncertain tax positions and concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions. Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.
Income and capital gain distributions are determined in accordance with federal income tax regulations, which may differ from GAAP. These differences are primarily due to differing book and tax treatments for in-kind transactions, losses deferred due to wash sales, and passive foreign investment company adjustments, if any.
The Funds file U.S. federal tax returns and tax returns in certain other jurisdictions. Generally, a Fund is subject to examinations by such taxing authorities for up to three years after the filing of the return for the tax period.
| F. |
Expenses - Each Fund has agreed to pay an annual unitary management fee to the Adviser. Out of the unitary management fee, the Adviser has agreed to pay for substantially all expenses of the Funds, including the costs of transfer agency, custody, fund administration, legal, audit and other services, except for distribution fees, if any, brokerage expenses, taxes, interest, acquired fund fees and expenses, if any, litigation expenses and other extraordinary expenses, including proxy expenses (except for such proxies related to: (i) changes to the Investment Advisory Agreement, (ii) the election of any Board member who is an “interested person” of the Trust, or (iii) any other matters that directly benefit the Adviser). |
Expenses of the Trust that are excluded from a Fund’s unitary management fee and are directly identifiable to a specific Fund are applied to that Fund. Expenses of the Trust that are excluded from a Fund’s unitary management fee and are not readily identifiable to a specific Fund are allocated in such a manner as deemed equitable, taking into consideration the nature and type of expense and the relative net assets of each Fund.
To the extent a Fund invests in other investment companies, the expenses shown in the accompanying financial statements reflect the expenses of the Fund and do not include any expenses of the investment companies in which it invests. The effects of such investment companies’ expenses are included in the realized and unrealized gain or loss on the investments in the investment companies.
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| G. |
Accounting Estimates - The preparation of the financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements, including estimates and assumptions related to taxation. Actual results could differ from these estimates. In addition, the Funds monitor for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are released to print. |
| H. |
Indemnifications - Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. Each Board member who is not an “interested person” (as defined in the 1940 Act) of the Trust (each, an “Independent Trustee”) is also indemnified against certain liabilities arising out of the performance of their duties to the Trust pursuant to an Indemnification Agreement between such trustee and the Trust. Additionally, in the normal course of business, the Trust enters into contracts with service providers that contain general indemnification clauses. The Trust’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote. |
| I. |
Securities Lending - Each Fund may participate in securities lending and may loan portfolio securities having a market value up to one-third of each Fund’s total assets. Such loans are secured by cash collateral equal to no less than 102% (105% for international securities) of the market value of the loaned securities determined daily by the securities lending provider. Cash collateral received in connection with these loans is invested in short-term money market instruments or affiliated, unregistered investment companies that comply with Rule 2a-7 under the 1940 Act and money market funds (collectively, “affiliated money market funds”) and is shown as such on the Schedules of Investments. Each Fund bears the risk of loss with respect to the investment of collateral. It is the policy of these Funds to obtain additional collateral from or return excess collateral to the borrower by the end of the next business day, following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan. When loaning securities, each Fund retains certain benefits of owning the securities, including the economic equivalent of dividends or interest generated by the security. Lending securities entails a risk of loss to each Fund if, and to the extent that, the market value of the securities loaned were to increase, and the borrower did not increase the collateral accordingly, and the borrower failed to return the securities. The securities loaned are subject to termination at the option of the borrower or each Fund. Upon termination, the borrower will return to each Fund the securities loaned and each Fund will return the collateral. Upon the failure of the borrower to return the securities, collateral may be liquidated and the securities may be purchased on the open market to replace the loaned securities. Each Fund could experience delays and costs in gaining access to the collateral and the securities may lose value during the delay which could result in potential losses to each Fund. Some of these losses may be indemnified by the lending agent. Each Fund bears the risk of any deficiency in the amount of the collateral available for return to the borrower due to any loss on the collateral invested. For Funds that participated in securities lending, dividends received on cash collateral investments for securities lending transactions, which are net of compensation to counterparties, are included in Securities lending income on the Statements of Operations. The aggregate value of securities out on loan, if any, is shown on the Statements of Assets and Liabilities. |
On September 14, 2021, the Board of Trustees appointed Invesco Advisers, Inc. (“Invesco”), an affiliate of the Adviser, to serve as an affiliated securities lending agent for each Fund participating in the securities lending program. The Bank of New York Mellon (“BNYM”) also continues to serve as a lending agent. Prior to September 14, 2021, BNYM served as the sole securities lending agent for each Fund under the securities lending program. To the extent a Fund utilizes Invesco as an affiliated securities lending agent, the Fund conducts its securities lending in accordance with, and in reliance upon, no-action letters issued by the SEC staff that provide guidance on how an affiliate may act as a direct agent lender and receive compensation for those services in a manner consistent with the federal securities laws. For the period September 14, 2021 through February 28, 2022, there were no affiliated transactions with Invesco.
| J. |
Foreign Currency Translations - Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. Each Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statements of Operations. Reported net realized foreign currency gains or losses arise from (1) sales of foreign currencies, (2) currency gains or losses realized between the trade and settlement dates on securities transactions, and (3) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on a Fund’s books |
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| and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period-end, resulting from changes in exchange rates. |
Each Fund may invest in foreign securities, which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. Foreign taxes, if any, are recorded based on the tax regulations and rates that exist in the foreign markets in which a Fund invests.
| K. |
Other Risks |
Authorized Participant Concentration Risk. Only authorized participants (“APs”) may engage in creation or redemption transactions directly with each Fund. Each Fund has a limited number of institutions that may act as APs, and such APs have no obligation to submit creation or redemption orders. Consequently, there is no assurance that APs will establish or maintain an active trading market for the Shares. This risk may be heightened to the extent that securities held by each Fund are traded outside a collateralized settlement system. In that case, APs may be required to post collateral on certain trades on an agency basis (i.e., on behalf of other market participants), which only a limited number of APs may be able to do. In addition, to the extent that APs exit the business or are unable to proceed with creation and/or redemption orders with respect to each Fund and no other AP is able to step forward to create or redeem Creation Units, this may result in a significantly diminished trading market for Fund Shares, and Shares may be more likely to trade at a premium or discount to a Fund’s NAV and to face trading halts and/or delisting. Investments in non-U.S. securities, which may have lower trading volumes, may increase this risk.
Call Risk. If interest rates fall, it is possible that issuers of callable securities with high interest coupons will “call” (or prepay) their bonds before their maturity date. If an issuer exercises such a call during a period of declining interest rates, a Fund may have to replace such called security with a lower yielding security. If that were to happen, such Fund’s net investment income could fall.
Cash Transaction Risk. Most exchange-traded funds (“ETFs”) generally make in-kind redemptions to avoid being taxed at the fund level on gains on the distributed portfolio securities. However, unlike most ETFs, certain Funds currently intend to effect creations and redemptions principally for cash, rather than principally in-kind, because of the nature of the Fund’s investments. As such, each Fund may be required to sell portfolio securities to obtain the cash needed to distribute redemption proceeds. Therefore, a Fund may recognize a capital gain on these sales that might not have been incurred if the Fund had made a redemption in-kind. This may decrease the tax efficiency of each Fund compared to ETFs that utilize an in-kind redemption process and there may be a substantial difference in the after-tax rate of return between each Fund and conventional ETFs.
Changing Global Fixed-Income Market Conditions Risk. The historically low interest rate environment observed over the past several years was created in part by the Federal Reserve Board (“FRB”) and certain foreign central banks keeping the federal funds and equivalent foreign rates at, near or below zero. In recent years, the FRB and certain foreign central banks began “tapering” their quantitative easing programs, leading to fluctuations in the Federal Funds Rate and equivalent foreign rates. However, in response to the impact of the COVID-19 pandemic, in March 2020 the FRB announced cuts to the Federal Funds Rate and a new round of quantitative easing. Because there is little precedent for this situation, it is difficult to predict the impact of these rate changes and any future rate changes on various markets. Any additional changes to the monetary policy by the FRB and foreign central banks or other regulatory actions may affect interest rates and/or reduce liquidity for fixed-income investments, particularly those with longer maturities. In addition, decreases in fixed-income dealer market-making capacity may also potentially lead to heightened volatility and reduced liquidity in the fixed-income markets. As a result, the value of a Fund’s investments and share price may decline. Changes in central bank policies could also result in higher than normal shareholder redemptions, which could potentially increase a Fund’s portfolio turnover rate and transaction costs.
Emerging Markets Investment Risk. For certain Funds, investments in the securities of issuers in emerging market countries involve risks often not associated with investments in the securities of issuers in developed countries. Securities in emerging markets may be subject to greater price fluctuations than securities in more developed markets. Companies in emerging market countries generally may be subject to less stringent regulatory, disclosure, financial reporting, accounting, auditing and recordkeeping standards than companies in more developed countries. In addition, information about such companies may be less available and reliable. Emerging markets usually are subject to greater market volatility, political, social and economic instability, uncertainty regarding the existence of trading markets and more governmental limitations on foreign investment than are more developed markets. Securities law in many emerging market countries is relatively new and unsettled. Therefore, laws regarding foreign investment in emerging markets securities, securities regulation, title to securities, and shareholder rights may change quickly and unpredictably, and the ability to bring and enforce actions, or to obtain information needed to pursue or enforce such actions, may be limited. In addition, the enforcement of systems of taxation at federal, regional and local levels in emerging market countries may be inconsistent and subject to sudden change. Investments in emerging market securities may be subject to additional transaction costs, delays in settlement procedures, unexpected market closures, and lack of timely information. In addition, lack of relevant data and reliable public information, including financial information, about securities in emerging markets may contribute to incorrect weightings and data and
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computational errors when a Fund’s index provider selects securities for inclusion in the Fund’s Underlying Index or rebalances the Underlying Index.
Emerging Markets Sovereign Debt Risk. For certain Funds, government obligors in emerging market countries are among the world’s largest debtors to commercial banks, other governments, international financial organizations and other financial institutions. Historically, certain issuers of the government debt securities in which the Funds may invest have experienced substantial difficulties in meeting their external debt obligations, resulting in defaults on certain obligations and the restructuring of certain indebtedness. Such restructuring arrangements have included obtaining additional credit to finance outstanding obligations and the reduction and rescheduling of payments of interest and principal through the negotiation of new or amended credit agreements.
Fixed-Income Securities Risk. Fixed-income securities are subject to interest rate risk and credit risk. Interest rate risk refers to fluctuations in the value of a fixed-income security resulting from changes in the general level of interest rates. When the general level of interest rates goes up, the prices of most fixed-income securities go down. When the general level of interest rates goes down, the prices of most fixed-income securities go up. Fixed-income securities with longer maturities typically are more sensitive to changes in interest rates, making them more volatile than securities with shorter maturities. Credit risk refers to the possibility that the issuer of a security will be unable and/or unwilling to make timely interest payments and/or repay the principal on its debt. Debt instruments are subject to varying degrees of credit risk, which may be reflected in credit ratings. There is a possibility that the credit rating of a fixed-income security may be downgraded after purchase, which may occur quickly and without advance warning following sudden market downturns or unexpected developments involving an issuer, and which may adversely affect the liquidity and value of the security. Additionally, from time to time, uncertainty regarding the status of negotiations in the U.S. Government to increase the statutory debt limit, commonly called the “debt ceiling”, could increase the risk that the U.S. Government may default on payments on certain U.S. Government securities, cause the credit rating of the U.S. Government to be downgraded, increase volatility in the stock and bond markets, result in higher interest rates, reduce prices of U.S. Treasury securities, and/or increase the costs of various kinds of debt. If a U.S. Government-sponsored entity is negatively impacted by legislative or regulatory action, is unable to meet its obligations, or its creditworthiness declines, the performance of a Fund that holds securities of that entity will be adversely impacted.
Foreign Fixed-Income Investment Risk. For certain Funds, investments in fixed-income securities of non-U.S. issuers are subject to the same risks as other debt securities, notably credit risk, market risk, interest rate risk and liquidity risk, while also facing risks beyond those associated with investments in U.S. securities including, among others, greater market volatility, the availability of less reliable financial information, higher transactional costs, taxation by foreign governments, decreased market liquidity and political instability. Foreign issuers are often subject to less stringent requirements regarding accounting, auditing, financial reporting and record keeping than are U.S. securities, and therefore, not all material information regarding these issuers will be available. Securities exchanges or foreign governments may adopt rules or regulations that may negatively impact a Fund’s ability to invest in foreign securities or may prevent the Fund from repatriating its investments.
Index Risk. Unlike many investment companies, each Fund does not utilize an investing strategy that seeks returns in excess of its Underlying Index. Therefore, a Fund would not necessarily buy or sell a security unless that security is added or removed, respectively, from its Underlying Index, even if that security generally is underperforming. Additionally, each Fund rebalances its portfolio in accordance with its Underlying Index, and, therefore, any changes to the Underlying Index’s rebalance schedule will result in corresponding changes to each Fund’s rebalance schedule.
Industry Concentration Risk. In following its methodology, each Fund’s Underlying Index from time to time may be concentrated to a significant degree in securities of issuers operating in a single industry or industry group. To the extent that each Underlying Index concentrates in the securities of issuers in a particular industry or industry group, the corresponding Fund will also concentrate its investments to approximately the same extent. By concentrating its investments in an industry or industry group, each Fund may face more risks than if it were diversified broadly over numerous industries or industry groups. Such industry-based risks, any of which may adversely affect the companies in which each Fund invests, may include, but are not limited to, the following: general economic conditions or cyclical market patterns that could negatively affect supply and demand in a particular industry; competition for resources, adverse labor relations, political or world events; obsolescence of technologies; and increased competition or new product introductions that may affect the profitability or viability of companies in an industry. In addition, at times, such industry or industry group may be out of favor and underperform other industries or the market as a whole.
Market Risk. Securities in the Underlying Index are subject to market fluctuations. You should anticipate that the value of the Shares will decline, more or less, in correlation with any decline in value of the securities in the Underlying Index. Additionally, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or other events could result in increased premiums or discounts to each Fund’s NAV.
Municipal Securities Risk. Certain Funds invest in municipal securities. Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions or the bankruptcy of the issuer could have a significant effect on the ability of an issuer of municipal securities to make payments of principal and/or interest. Political changes and uncertainties in the municipal market related to taxation, legislative changes or the rights of municipal security holders can significantly affect municipal securities. Because many securities are issued to finance similar projects, especially those relating to education, health care, transportation and utilities, conditions in those sectors can affect the overall municipal
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market. In addition, changes in the financial condition of an individual municipal issuer can affect the overall municipal market. If the Internal Revenue Service (“IRS”) determines that an issuer of a municipal security has not complied with applicable tax requirements, interest from the security could become taxable and the security could decline significantly in value.
Non-Correlation Risk. Each Fund’s return may not match the return of its corresponding Underlying Index for a number of reasons. For example, each Fund incurs operating expenses not applicable to the Underlying Index, and incurs costs in buying and selling securities, especially when rebalancing the Fund’s securities holdings to reflect changes in the composition of its corresponding Underlying Index. Because certain Funds issue and redeem Creation Units principally for cash, such Funds will incur higher costs in buying and selling securities than if they issued and redeemed Creation Units in-kind. Additionally, a Fund’s use of a representative sampling approach may cause the Fund not to be as well-correlated with the return of its corresponding Underlying Index as would be the case if the Fund purchased all of the securities in its corresponding Underlying Index in the proportions represented in the Underlying Index. In addition, the performance of each Fund and its corresponding Underlying Index may vary due to asset valuation differences and differences between each Fund’s portfolio and its corresponding Underlying Index resulting from legal restrictions, costs or liquidity constraints.
Non-Diversified Fund Risk. Because each Fund (except BulletShares 2022 Corporate Bond ETF, BulletShares 2023 Corporate Bond ETF, BulletShares 2024 Corporate Bond ETF, BulletShares 2025 Corporate Bond ETF, BulletShares 2026 Corporate Bond ETF, BulletShares 2027 Corporate Bond ETF, BulletShares 2028 Corporate Bond ETF, BulletShares 2022 High Yield Corporate Bond ETF, BulletShares 2023 High Yield Corporate Bond ETF, BulletShares 2024 High Yield Corporate Bond ETF, BulletShares 2025 High Yield Corporate Bond ETF and BulletShares 2026 High Yield Corporate Bond ETF) is non-diversified and can invest a greater portion of their respective assets in securities of individual issuers than a diversified fund, changes in the market value of a single investment could cause greater fluctuations in Share price than would occur in a diversified fund. This may increase a Fund’s volatility and cause the performance of a relatively small number of issuers to have a greater impact on a Fund’s performance.
Non-Investment Grade Securities Risk. Non-investment grade securities and unrated securities of comparable credit quality are considered speculative and are subject to the increased risk of an issuer’s inability to meet principal and interest payment obligations. These securities may be subject to greater price volatility due to such factors as specific corporate developments, interest rate sensitivity, negative perceptions of the non-investment grade securities markets generally, real or perceived adverse economic and competitive industry conditions and less secondary market liquidity. If the issuer of non-investment grade securities defaults, a Fund may incur additional expenses to seek recovery.
Sampling Risk. Certain Funds’ use of a representative sampling approach may result in the Fund holding a smaller number of securities than are in its respective Underlying Index. As a result, an adverse development with respect to an issuer of securities held by the Fund could result in a greater decline in NAV than would be the case if the Fund held all of the securities in its Underlying Index. To the extent the assets in the Fund are smaller, these risks will be greater.
U.S. Treasury Obligations Risk. Certain Funds will invest in obligations issued or guaranteed by the U.S. Treasury.
U.S. Treasury securities are backed by the “full faith and credit” of the United States; however, the U.S. Government does not guarantee the market value of their securities, and consequently, the value of such securities may fluctuate. Because U.S. Treasury securities trade actively outside the United States, their prices may rise and fall as changes in global economic conditions affect the demand for these securities. Although the Fund may hold securities that carry U.S. Government guarantees, these guarantees do not extend to Shares of the Fund.
COVID-19 Risk. The COVID-19 strain of coronavirus has resulted in instances of market closures and dislocations, extreme volatility, liquidity constraints and increased trading costs. Efforts to contain its spread have resulted in travel restrictions, disruptions of healthcare systems, business operations (including business closures) and supply chains, layoffs, lower consumer demand and employee availability, and defaults and credit downgrades, among other significant economic impacts that have disrupted global economic activity across many industries. Such economic impacts may exacerbate other pre-existing political, social and economic risks locally or globally and cause general concern and uncertainty.
The full economic impact and ongoing effects of COVID-19 (or other future epidemics or pandemics) at the macro-level and on individual businesses are unpredictable and may result in significant and prolonged effects on the Funds’ performance.
NOTE 3–Investment Advisory Agreement and Other Agreements
The Trust has entered into an Investment Advisory Agreement with the Adviser on behalf of each Fund, pursuant to which the Adviser has overall responsibility for the selection and ongoing monitoring of the Funds’ investments, managing the Funds’ business affairs and providing certain clerical, bookkeeping and other administrative services.
Pursuant to the Investment Advisory Agreement, each Fund accrues daily and pays monthly to the Adviser an annual unitary management fee. Out of the unitary management fee, the Adviser has agreed to pay for substantially all expenses of the Funds, including the cost of transfer agency, custody, fund administration, legal, audit and other services, except for distribution fees, if any, brokerage expenses, taxes, interest, acquired fund fees and expenses, if any, litigation expenses and other extraordinary expenses, including proxy expenses (except for such proxies related to: (i) changes to the Investment Advisory Agreement, (ii) the
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election of any Board member who is an “interested person” of the Trust, or (iii) any other matters that directly benefit the Adviser). The unitary management fee is paid by each Fund to the Adviser at the following annual rates:
| Unitary Management Fees (as a % of average daily net assets) | ||
|
BulletShares 2022 Corporate Bond ETF |
0.10% | |
|
BulletShares 2023 Corporate Bond ETF |
0.10% | |
|
BulletShares 2024 Corporate Bond ETF |
0.10% | |
|
BulletShares 2025 Corporate Bond ETF |
0.10% | |
|
BulletShares 2026 Corporate Bond ETF |
0.10% | |
|
BulletShares 2027 Corporate Bond ETF |
0.10% | |
|
BulletShares 2028 Corporate Bond ETF |
0.10% | |
|
BulletShares 2029 Corporate Bond ETF |
0.10% | |
|
BulletShares 2030 Corporate Bond ETF |
0.10% | |
|
BulletShares 2031 Corporate Bond ETF |
0.10% | |
|
BulletShares 2022 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2023 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2024 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2025 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2026 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2027 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2028 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2029 High Yield Corporate Bond ETF |
0.42% | |
|
BulletShares 2022 Municipal Bond ETF |
0.18% | |
|
BulletShares 2023 Municipal Bond ETF |
0.18% | |
|
BulletShares 2024 Municipal Bond ETF |
0.18% | |
|
BulletShares 2025 Municipal Bond ETF |
0.18% | |
|
BulletShares 2026 Municipal Bond ETF |
0.18% | |
|
BulletShares 2027 Municipal Bond ETF |
0.18% | |
|
BulletShares 2028 Municipal Bond ETF |
0.18% | |
|
BulletShares 2029 Municipal Bond ETF |
0.18% | |
|
BulletShares 2030 Municipal Bond ETF |
0.18% | |
|
BulletShares 2031 Municipal Bond ETF |
0.18% | |
|
BulletShares 2022 USD Emerging Markets Debt ETF |
0.29% | |
|
BulletShares 2023 USD Emerging Markets Debt ETF |
0.29% | |
|
BulletShares 2024 USD Emerging Markets Debt ETF |
0.29% | |
Further, through at least August 31, 2023, the Adviser has contractually agreed to waive the management fee payable by each Fund in an amount equal to the lesser of: (i) 100% of the net advisory fees earned by the Adviser or an affiliate of the Adviser that are attributable to the Fund’s investments in money market funds that are managed by affiliates of the Adviser and other funds (including ETFs) managed by the Adviser or affiliates of the Adviser or (ii) the management fee available to be waived. These waivers do not apply to a Fund’s investment of cash collateral received for securities lending. There is no guarantee that the Adviser will extend the waiver of these fees past that date.
For the six months ended February 28, 2022, no fees were waived.
The Trust has entered into a Distribution Agreement with Invesco Distributors, Inc. (the “Distributor”), which serves as the distributor of Creation Units for each Fund. The Distributor does not maintain a secondary market in the Shares. The Funds are not charged any fees pursuant to the Distribution Agreement. The Distributor is an affiliate of the Adviser.
The Adviser has entered into licensing agreements on behalf of each Fund with Invesco Indexing LLC (the “Licensor”).
“Nasdaq” is a trademark of The Nasdaq OMX Group, Inc. and has been licensed for use in the name of each Underlying Index by the Licensor. “BulletShares®” and the name of each Underlying Index are trademarks of the Licensor and have been licensed to the Adviser for use by the Funds. Each Fund is entitled to use its Underlying Index pursuant to the Trust’s sub-licensing agreement with the Adviser. The Funds are not sponsored, endorsed, sold or promoted by the Licensor, and the Licensor makes no representation regarding the advisability of investing in any of the Funds.
The Trust has entered into service agreements whereby BNYM, a wholly-owned subsidiary of The Bank of New York Mellon Corporation, serves as the administrator, custodian, fund accountant and transfer agent for each Fund.
|
252 |
||||
|
|
| |||
NOTE 4–Security Transactions with Affiliated Funds
Each Fund is permitted to purchase or sell securities from or to certain other affiliated funds under specified conditions outlined in procedures adopted by the Board of Trustees of the Trust. The procedures have been designed to ensure that any purchase or sale of securities by each Fund from or to another fund or portfolio that is or could be considered an affiliate by virtue of having a common investment adviser (or affiliated investment advisers), common Trustees and/or common officers complies with Rule 17a-7 of the 1940 Act. Further, as defined under the procedures, each transaction is effected at the current market price.
For the six months ended February 28, 2022, the following Funds engaged in transactions with affiliates as listed below:
| Securities Purchases | Securities Sales | Net Realized Gains (Losses)* | |||||||||||||
|
BulletShares 2022 Corporate Bond ETF |
$ | 16,113,763 | $ | 89,672,219 | $ | (650,814 | ) | ||||||||
|
BulletShares 2023 Corporate Bond ETF |
40,550,643 | 17,472,133 | (193,493 | ) | |||||||||||
|
BulletShares 2024 Corporate Bond ETF |
80,305,137 | 925,011 | (42,731 | ) | |||||||||||
|
BulletShares 2025 Corporate Bond ETF |
11,878,308 | - | - | ||||||||||||
|
BulletShares 2026 Corporate Bond ETF |
17,436,887 | - | - | ||||||||||||
|
BulletShares 2028 Corporate Bond ETF |
280,946 | - | - | ||||||||||||
|
BulletShares 2029 Corporate Bond ETF |
962,548 | - | - | ||||||||||||
|
BulletShares 2022 High Yield Corporate Bond ETF |
40,034,858 | 19,466,116 | (28,006 | ) | |||||||||||
|
BulletShares 2023 High Yield Corporate Bond ETF |
10,972,062 | 36,978,653 | 190,753 | ||||||||||||
|
BulletShares 2024 High Yield Corporate Bond ETF |
779,671 | 8,481,189 | 34,153 | ||||||||||||
|
BulletShares 2025 High Yield Corporate Bond ETF |
4,164,902 | 31,226,792 | 259,518 | ||||||||||||
|
BulletShares 2026 High Yield Corporate Bond ETF |
3,043,261 | 13,794,155 | 137,458 | ||||||||||||
|
BulletShares 2027 High Yield Corporate Bond ETF |
2,877,381 | 3,898,123 | 22,272 | ||||||||||||
|
BulletShares 2028 High Yield Corporate Bond ETF |
1,586,698 | 1,906,721 | 29,776 | ||||||||||||
|
BulletShares 2029 High Yield Corporate Bond ETF** |
470,826 | 165,910 | 716 | ||||||||||||
| * |
Net realized gains (losses) from securities sold to affiliates are included in net realized gain (loss) from investment securities in the Statements of Operations. |
| ** |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
NOTE 5–Additional Valuation Information
GAAP defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
| Level 1 – | Prices are determined using quoted prices in an active market for identical assets. | |
| Level 2 – | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. | |
| Level 3 – | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect a Fund’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. | |
The following is a summary of the tiered valuation input levels, as of February 28, 2022, for each Fund (except for BulletShares 2027 High Yield Corporate Bond ETF, BulletShares 2022 Municipal Bond ETF, BulletShares 2023 Municipal Bond ETF, BulletShares 2024 Municipal Bond ETF, BulletShares 2025 Municipal Bond ETF, BulletShares 2026 Municipal Bond ETF, BulletShares 2027 Municipal Bond ETF, BulletShares 2028 Municipal Bond ETF, BulletShares 2029 Municipal Bond ETF, BulletShares 2030 Municipal Bond ETF and BulletShares 2031 Municipal Bond ETF). As of February 28, 2022, all of the securities in BulletShares 2027 High Yield Corporate Bond ETF, BulletShares 2022 Municipal Bond ETF, BulletShares 2023 Municipal Bond ETF, BulletShares 2024 Municipal Bond ETF, BulletShares 2025 Municipal Bond ETF, BulletShares 2026 Municipal Bond ETF, BulletShares 2027 Municipal Bond ETF, BulletShares 2028 Municipal Bond ETF, BulletShares 2029 Municipal Bond ETF, BulletShares 2030 Municipal Bond ETF and BulletShares 2031 Municipal Bond ETF were valued based on Level 2 inputs (see the Schedules of Investments for security categories). The level assigned to the securities valuations may not be an indication of the
|
253 |
||||
|
|
| |||
risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
BulletShares 2022 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 2,159,985,356 | $ | - | $ | 2,159,985,356 | ||||||||
|
Money Market Funds |
157,429,122 | - | - | 157,429,122 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 157,429,122 | $ | 2,159,985,356 | $ | - | $ | 2,317,414,478 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2023 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 2,259,409,495 | $ | - | $ | 2,259,409,495 | ||||||||
|
Money Market Funds |
5,108,790 | 67,303,773 | - | 72,412,563 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 5,108,790 | $ | 2,326,713,268 | $ | - | $ | 2,331,822,058 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2024 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 2,036,189,635 | $ | - | $ | 2,036,189,635 | ||||||||
|
Money Market Funds |
9,758,059 | 67,418,120 | - | 77,176,179 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 9,758,059 | $ | 2,103,607,755 | $ | - | $ | 2,113,365,814 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2025 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 1,166,955,331 | $ | - | $ | 1,166,955,331 | ||||||||
|
Money Market Funds |
7,631,262 | 67,033,438 | - | 74,664,700 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 7,631,262 | $ | 1,233,988,769 | $ | - | $ | 1,241,620,031 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2026 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 845,133,069 | $ | - | $ | 845,133,069 | ||||||||
|
Money Market Funds |
3,098,778 | 67,326,114 | - | 70,424,892 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 3,098,778 | $ | 912,459,183 | $ | - | $ | 915,557,961 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2027 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 401,930,735 | $ | - | $ | 401,930,735 | ||||||||
|
Money Market Funds |
879,254 | 66,821,934 | - | 67,701,188 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 879,254 | $ | 468,752,669 | $ | - | $ | 469,631,923 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2028 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 241,178,852 | $ | - | $ | 241,178,852 | ||||||||
|
Money Market Funds |
800,958 | 30,711,280 | - | 31,512,238 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 800,958 | $ | 271,890,132 | $ | - | $ | 272,691,090 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2029 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 142,627,759 | $ | - | $ | 142,627,759 | ||||||||
|
Money Market Funds |
315,224 | 9,269,318 | - | 9,584,542 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 315,224 | $ | 151,897,077 | $ | - | $ | 152,212,301 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2030 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 79,312,984 | $ | - | $ | 79,312,984 | ||||||||
|
Money Market Funds |
148,752 | 9,046,193 | - | 9,194,945 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 148,752 | $ | 88,359,177 | $ | - | $ | 88,507,929 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2031 Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 19,179,220 | $ | - | $ | 19,179,220 | ||||||||
|
Money Market Funds |
85,681 | 401,620 | - | 487,301 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 85,681 | $ | 19,580,840 | $ | - | $ | 19,666,521 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
254 |
||||
|
|
| |||
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
BulletShares 2022 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 740,840,624 | $ | - | $ | 740,840,624 | ||||||||
|
U.S. Treasury Securities |
- | 63,476,578 | - | 63,476,578 | ||||||||||||
|
Money Market Funds |
14,113,553 | 746,416 | - | 14,859,969 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 14,113,553 | $ | 805,063,618 | $ | - | $ | 819,177,171 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2023 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 740,486,846 | $ | - | $ | 740,486,846 | ||||||||
|
Money Market Funds |
5,810,863 | 141,483,204 | - | 147,294,067 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 5,810,863 | $ | 881,970,050 | $ | - | $ | 887,780,913 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2024 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 442,471,551 | $ | - | $ | 442,471,551 | ||||||||
|
Money Market Funds |
11,868,784 | 101,685,402 | - | 113,554,186 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 11,868,784 | $ | 544,156,953 | $ | - | $ | 556,025,737 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2025 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 343,113,935 | $ | - | $ | 343,113,935 | ||||||||
|
Money Market Funds |
2,704,378 | 82,687,625 | - | 85,392,003 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 2,704,378 | $ | 425,801,560 | $ | - | $ | 428,505,938 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2026 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 178,235,620 | $ | - | $ | 178,235,620 | ||||||||
|
Variable Rate Senior Loan Interests |
- | - | 26,533 | 26,533 | ||||||||||||
|
Money Market Funds |
1,648,086 | 40,096,910 | - | 41,744,996 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 1,648,086 | $ | 218,332,530 | $ | 26,533 | $ | 220,007,149 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2028 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 18,835,965 | $ | - | $ | 18,835,965 | ||||||||
|
Money Market Funds |
110,681 | 3,107,786 | - | 3,218,467 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 110,681 | $ | 21,943,751 | $ | - | $ | 22,054,432 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2029 High Yield Corporate Bond ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 9,065,525 | $ | - | $ | 9,065,525 | ||||||||
|
Money Market Funds |
81,540 | 294,608 | - | 376,148 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 81,540 | $ | 9,360,133 | $ | - | $ | 9,441,673 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2022 USD Emerging Markets Debt ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 35,670,903 | $ | - | $ | 35,670,903 | ||||||||
|
Money Market Funds |
6,867,046 | - | - | 6,867,046 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 6,867,046 | $ | 35,670,903 | $ | - | $ | 42,537,949 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2023 USD Emerging Markets Debt ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 33,651,824 | $ | - | $ | 33,651,824 | ||||||||
|
Money Market Funds |
287,935 | 731,697 | - | 1,019,632 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 287,935 | $ | 34,383,521 | $ | - | $ | 34,671,456 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
BulletShares 2024 USD Emerging Markets Debt ETF |
||||||||||||||||
|
Investments in Securities |
||||||||||||||||
|
U.S. Dollar Denominated Bonds & Notes |
$ | - | $ | 24,808,859 | $ | - | $ | 24,808,859 | ||||||||
|
Money Market Funds |
133,271 | 964,120 | - | 1,097,391 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total Investments |
$ | 133,271 | $ | 25,772,979 | $ | - | $ | 25,906,250 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
255 |
||||
|
|
| |||
NOTE 6–Tax Information
The amount and character of income and gains to be distributed are determined in accordance with federal income tax regulations, which may differ from GAAP. Reclassifications are made to the Funds’ capital accounts to reflect income and gains available for distribution (or available capital loss carryforwards) under federal income tax regulations. The tax character of distributions paid during the year and the tax components of net assets will be reported at the Funds’ fiscal year-end.
Capital loss carryforwards are calculated and reported as of a specific date. Results of transactions and other activity after that date may affect the amount of capital loss carryforwards actually available for the Funds to utilize. The ability to utilize capital loss carryforwards in the future may be limited under the Internal Revenue Code and related regulations based on the results of future transactions.
The Funds had capital loss carryforwards as of August 31, 2021, as follows:
| No expiration | ||||||||||||
| Short-Term | Long-Term | Total* | ||||||||||
|
BulletShares 2022 Corporate Bond ETF |
$ | - | $ | - | $ | - | ||||||
|
BulletShares 2023 Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2024 Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2025 Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2026 Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2027 Corporate Bond ETF |
21,129 | - | 21,129 | |||||||||
|
BulletShares 2028 Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2029 Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2030 Corporate Bond ETF |
7,613 | - | 7,613 | |||||||||
|
BulletShares 2022 High Yield Corporate Bond ETF |
22,000,041 | 20,819,639 | 42,819,680 | |||||||||
|
BulletShares 2023 High Yield Corporate Bond ETF |
11,933,268 | 8,605,194 | 20,538,462 | |||||||||
|
BulletShares 2024 High Yield Corporate Bond ETF |
3,112,307 | 1,616,137 | 4,728,444 | |||||||||
|
BulletShares 2025 High Yield Corporate Bond ETF |
1,770,446 | 813,187 | 2,583,633 | |||||||||
|
BulletShares 2026 High Yield Corporate Bond ETF |
1,663,345 | 260,730 | 1,924,075 | |||||||||
|
BulletShares 2027 High Yield Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2028 High Yield Corporate Bond ETF |
- | - | - | |||||||||
|
BulletShares 2022 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2023 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2024 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2025 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2026 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2027 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2028 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2029 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2030 Municipal Bond ETF |
- | - | - | |||||||||
|
BulletShares 2022 USD Emerging Markets Debt ETF |
146,659 | - | 146,659 | |||||||||
|
BulletShares 2023 USD Emerging Markets Debt ETF |
29,532 | 49,064 | 78,596 | |||||||||
|
BulletShares 2024 USD Emerging Markets Debt ETF |
478,714 | 138,666 | 617,380 | |||||||||
| * |
Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization. |
NOTE 7–Investment Transactions
For the six months ended February 28, 2022, the cost of securities purchased and the proceeds from sales of securities (other than short-term securities, U.S. Government obligations, money market funds and in-kind transactions, if any) were as follows:
| Purchases | Sales | |||||||
|
BulletShares 2022 Corporate Bond ETF |
$ | 92,679,350 | $ | 725,529,792 | ||||
|
BulletShares 2023 Corporate Bond ETF |
270,719,271 | 271,528,918 | ||||||
|
BulletShares 2024 Corporate Bond ETF |
144,745,614 | 114,240,552 | ||||||
|
BulletShares 2025 Corporate Bond ETF |
60,890,849 | 61,713,587 | ||||||
|
BulletShares 2026 Corporate Bond ETF |
21,295,521 | 12,758,068 | ||||||
|
BulletShares 2027 Corporate Bond ETF |
16,282,441 | 15,108,202 | ||||||
|
BulletShares 2028 Corporate Bond ETF |
9,604,029 | 9,556,042 | ||||||
|
256 |
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|
|
| |||
| Purchases | Sales | |||||||
|
BulletShares 2029 Corporate Bond ETF |
$ | 6,757,270 | $ | 4,955,425 | ||||
|
BulletShares 2030 Corporate Bond ETF |
- | 283,175 | ||||||
|
BulletShares 2031 Corporate Bond ETF* |
5,903,455 | 53,000 | ||||||
|
BulletShares 2022 High Yield Corporate Bond ETF |
189,544,502 | 263,687,053 | ||||||
|
BulletShares 2023 High Yield Corporate Bond ETF |
219,453,575 | 217,961,839 | ||||||
|
BulletShares 2024 High Yield Corporate Bond ETF |
123,971,854 | 122,117,875 | ||||||
|
BulletShares 2025 High Yield Corporate Bond ETF |
71,560,634 | 63,952,627 | ||||||
|
BulletShares 2026 High Yield Corporate Bond ETF |
32,752,805 | 33,227,407 | ||||||
|
BulletShares 2027 High Yield Corporate Bond ETF |
6,007,152 | 5,678,288 | ||||||
|
BulletShares 2028 High Yield Corporate Bond ETF |
2,488,079 | 2,562,412 | ||||||
|
BulletShares 2029 High Yield Corporate Bond ETF* |
5,479,433 | 578,148 | ||||||
|
BulletShares 2022 Municipal Bond ETF |
14,004,891 | 4,730,000 | ||||||
|
BulletShares 2023 Municipal Bond ETF |
9,272,389 | 764,769 | ||||||
|
BulletShares 2024 Municipal Bond ETF |
8,544,957 | 143,211 | ||||||
|
BulletShares 2025 Municipal Bond ETF |
11,101,301 | 135,302 | ||||||
|
BulletShares 2026 Municipal Bond ETF |
5,442,240 | 5,000 | ||||||
|
BulletShares 2027 Municipal Bond ETF |
2,820,134 | - | ||||||
|
BulletShares 2028 Municipal Bond ETF |
3,178,153 | - | ||||||
|
BulletShares 2029 Municipal Bond ETF |
2,768,545 | - | ||||||
|
BulletShares 2030 Municipal Bond ETF |
5,081,754 | - | ||||||
|
BulletShares 2031 Municipal Bond ETF* |
9,832,802 | - | ||||||
|
BulletShares 2022 USD Emerging Markets Debt ETF |
1,715,443 | 7,925,442 | ||||||
|
BulletShares 2023 USD Emerging Markets Debt ETF |
1,729,427 | 1,372,941 | ||||||
|
BulletShares 2024 USD Emerging Markets Debt ETF |
428,090 | 437,771 | ||||||
|
* For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
| |||||||
For the six months ended February 28, 2022, in-kind transactions associated with creations and redemptions were as follows:
| In-kind | In-kind | |||||||
| Purchases | Sales | |||||||
|
BulletShares 2022 Corporate Bond ETF |
$ | 8,008,801 | $ | 9,060,694 | ||||
|
BulletShares 2023 Corporate Bond ETF |
266,912,645 | 47,786,265 | ||||||
|
BulletShares 2024 Corporate Bond ETF |
466,086,130 | - | ||||||
|
BulletShares 2025 Corporate Bond ETF |
175,333,186 | - | ||||||
|
BulletShares 2026 Corporate Bond ETF |
298,409,685 | - | ||||||
|
BulletShares 2027 Corporate Bond ETF |
73,407,940 | - | ||||||
|
BulletShares 2028 Corporate Bond ETF |
33,639,928 | - | ||||||
|
BulletShares 2029 Corporate Bond ETF |
39,151,274 | - | ||||||
|
BulletShares 2030 Corporate Bond ETF |
56,897,017 | - | ||||||
|
BulletShares 2031 Corporate Bond ETF* |
14,478,746 | - | ||||||
|
BulletShares 2022 High Yield Corporate Bond ETF |
84,825,916 | 108,031,363 | ||||||
|
BulletShares 2023 High Yield Corporate Bond ETF |
153,114,232 | 54,343,354 | ||||||
|
BulletShares 2024 High Yield Corporate Bond ETF |
109,974,574 | - | ||||||
|
BulletShares 2025 High Yield Corporate Bond ETF |
67,101,316 | - | ||||||
|
BulletShares 2026 High Yield Corporate Bond ETF |
74,796,693 | - | ||||||
|
BulletShares 2027 High Yield Corporate Bond ETF |
12,359,705 | 4,930,794 | ||||||
|
BulletShares 2028 High Yield Corporate Bond ETF |
7,311,169 | 2,457,368 | ||||||
|
BulletShares 2029 High Yield Corporate Bond ETF* |
4,701,375 | - | ||||||
|
BulletShares 2022 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2023 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2024 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2025 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2026 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2027 Municipal Bond ETF |
- | - | ||||||
|
257 |
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|
|
| |||
| In-kind | In-kind | |||||||
| Purchases | Sales | |||||||
|
BulletShares 2028 Municipal Bond ETF |
$ | - | $ | - | ||||
|
BulletShares 2029 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2030 Municipal Bond ETF |
- | - | ||||||
|
BulletShares 2031 Municipal Bond ETF* |
- | - | ||||||
|
BulletShares 2022 USD Emerging Markets Debt ETF |
2,574,187 | - | ||||||
|
BulletShares 2023 USD Emerging Markets Debt ETF |
5,004,372 | - | ||||||
|
BulletShares 2024 USD Emerging Markets Debt ETF |
2,612,024 | - | ||||||
| * |
For the period September 13, 2021 (commencement of investment operations) through February 28, 2022. |
Gains (losses) on in-kind transactions are generally not considered taxable gains (losses) for federal income tax purposes. At February 28, 2022, the aggregate cost of investments, including any derivatives, on a tax basis includes adjustments for financial reporting purposes as of the most recently completed federal income tax reporting period-end:
| Gross Unrealized Appreciation |
Gross Unrealized (Depreciation) |
Net Unrealized Appreciation (Depreciation) |
Cost | |||||||||||||
|
BulletShares 2022 Corporate Bond ETF |
$ | 3,441,024 | $ | (3,200,169 | ) | $ | 240,855 | $ | 2,317,173,623 | |||||||
|
BulletShares 2023 Corporate Bond ETF |
2,622,004 | (9,541,688 | ) | (6,919,684 | ) | 2,338,741,742 | ||||||||||
|
BulletShares 2024 Corporate Bond ETF |
2,867,872 | (17,806,063 | ) | (14,938,191 | ) | 2,128,304,005 | ||||||||||
|
BulletShares 2025 Corporate Bond ETF |
1,185,477 | (20,914,910 | ) | (19,729,433 | ) | 1,261,349,464 | ||||||||||
|
BulletShares 2026 Corporate Bond ETF |
386,966 | (16,219,000 | ) | (15,832,034 | ) | 931,389,995 | ||||||||||
|
BulletShares 2027 Corporate Bond ETF |
554,646 | (9,079,415 | ) | (8,524,769 | ) | 478,156,692 | ||||||||||
|
BulletShares 2028 Corporate Bond ETF |
13,217 | (10,555,568 | ) | (10,542,351 | ) | 283,233,441 | ||||||||||
|
BulletShares 2029 Corporate Bond ETF |
12,920 | (7,687,831 | ) | (7,674,911 | ) | 159,887,212 | ||||||||||
|
BulletShares 2030 Corporate Bond ETF |
- | (3,882,966 | ) | (3,882,966 | ) | 92,390,895 | ||||||||||
|
BulletShares 2031 Corporate Bond ETF* |
- | (1,126,306 | ) | (1,126,306 | ) | 20,792,827 | ||||||||||
|
BulletShares 2022 High Yield Corporate Bond ETF |
863,686 | (5,810,165 | ) | (4,946,479 | ) | 824,123,650 | ||||||||||
|
BulletShares 2023 High Yield Corporate Bond ETF |
723,005 | (14,593,959 | ) | (13,870,954 | ) | 901,651,867 | ||||||||||
|
BulletShares 2024 High Yield Corporate Bond ETF |
1,241,064 | (11,355,846 | ) | (10,114,782 | ) | 566,140,519 | ||||||||||
|
BulletShares 2025 High Yield Corporate Bond ETF |
1,401,258 | (6,083,719 | ) | (4,682,461 | ) | 433,188,399 | ||||||||||
|
BulletShares 2026 High Yield Corporate Bond ETF |
341,002 | (5,633,601 | ) | (5,292,599 | ) | 225,299,748 | ||||||||||
|
BulletShares 2027 High Yield Corporate Bond ETF |
102,794 | (1,999,687 | ) | (1,896,893 | ) | 64,812,270 | ||||||||||
|
BulletShares 2028 High Yield Corporate Bond ETF |
37,482 | (935,790 | ) | (898,308 | ) | 22,952,740 | ||||||||||
|
BulletShares 2029 High Yield Corporate Bond ETF* |
2,101 | (514,408 | ) | (512,307 | ) | 9,953,980 | ||||||||||
|
BulletShares 2022 Municipal Bond ETF |
19,495 | (133,169 | ) | (113,674 | ) | 64,906,326 | ||||||||||
|
BulletShares 2023 Municipal Bond ETF |
37,004 | (301,022 | ) | (264,018 | ) | 42,634,299 | ||||||||||
|
BulletShares 2024 Municipal Bond ETF |
30,853 | (637,727 | ) | (606,874 | ) | 42,959,014 | ||||||||||
|
BulletShares 2025 Municipal Bond ETF |
54,581 | (1,008,960 | ) | (954,379 | ) | 48,284,262 | ||||||||||
|
BulletShares 2026 Municipal Bond ETF |
88,713 | (645,459 | ) | (556,746 | ) | 27,574,978 | ||||||||||
|
BulletShares 2027 Municipal Bond ETF |
59,425 | (534,245 | ) | (474,820 | ) | 20,164,761 | ||||||||||
|
BulletShares 2028 Municipal Bond ETF |
45,268 | (547,857 | ) | (502,589 | ) | 20,426,487 | ||||||||||
|
BulletShares 2029 Municipal Bond ETF |
32,310 | (574,688 | ) | (542,378 | ) | 17,853,540 | ||||||||||
|
BulletShares 2030 Municipal Bond ETF |
1,764 | (407,866 | ) | (406,102 | ) | 12,438,023 | ||||||||||
|
BulletShares 2031 Municipal Bond ETF* |
2,015 | (422,683 | ) | (420,668 | ) | 9,783,778 | ||||||||||
|
BulletShares 2022 USD Emerging Markets Debt ETF |
29,798 | (1,745,119 | ) | (1,715,321 | ) | 44,253,270 | ||||||||||
|
BulletShares 2023 USD Emerging Markets Debt ETF |
153,508 | (2,239,280 | ) | (2,085,772 | ) | 36,757,228 | ||||||||||
|
BulletShares 2024 USD Emerging Markets Debt ETF |
276,927 | (384,024 | ) | (107,097 | ) | 26,013,347 | ||||||||||
| * |
In the Fund’s initial year of operations, the cost of investments for tax purposes will not reflect any tax adjustments until its fiscal year-end reporting period. |
NOTE 8–Trustees’ and Officer’s Fees
Trustees’ and Officer’s Fees include amounts accrued by the Funds to pay remuneration to the Independent Trustees and an Officer of the Trust. The Adviser, as a result of each Fund’s unitary management fee, pays for such compensation for the Funds. The Trustee who is an “interested person” of the Trust does not receive any Trustees’ fees.
|
258 |
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|
|
| |||
The Trust has adopted a deferred compensation plan (the “Plan”). Under the Plan, each Independent Trustee who has executed a Deferred Fee Agreement (a “Participating Trustee”) may defer receipt of all or a portion of their compensation (“Deferral Fees”). Such Deferral Fees are deemed to be invested in select Invesco ETFs. The Deferral Fees payable to a Participating Trustee are valued as of the date such Deferral Fees would have been paid to a Participating Trustee. The value increases with contributions or with increases in the value of the Shares selected, and the value decreases with distributions or with declines in the value of the Shares selected. Obligations under the Plan represent unsecured claims against the general assets of the Funds.
NOTE 9–Capital
Shares are issued and redeemed by the Funds only in Creation Units consisting of a specified number of Shares as set forth in each Fund’s prospectus. Only Authorized Participants are permitted to purchase or redeem Creation Units from the Funds. For each Fund (except for BulletShares 2022 Municipal Bond ETF, BulletShares 2023 Municipal Bond ETF, BulletShares 2024 Municipal Bond ETF, BulletShares 2025 Municipal Bond ETF, BulletShares 2026 Municipal Bond ETF, BulletShares 2027 Municipal Bond ETF, BulletShares 2028 Municipal Bond ETF, BulletShares 2029 Municipal Bond ETF, BulletShares 2030 Municipal Bond ETF and BulletShares 2031 Municipal Bond ETF), such transactions are generally in exchange for Deposit Securities. However, for such Funds, cash in an amount equivalent to the value of certain securities may be substituted, generally when the securities are not available in sufficient quantity for delivery, not eligible for trading by the Authorized Participant or as a result of other market circumstances. For BulletShares 2022 Municipal Bond ETF, BulletShares 2023 Municipal Bond ETF, BulletShares 2024 Municipal Bond ETF, BulletShares 2025 Municipal Bond ETF, BulletShares 2026 Municipal Bond ETF, BulletShares 2027 Municipal Bond ETF, BulletShares 2028 Municipal Bond ETF, BulletShares 2029 Municipal Bond ETF, BulletShares 2030 Municipal Bond ETF and BulletShares 2031 Municipal Bond ETF, such transactions are principally in exchange for the deposit or delivery of cash.
To the extent that the Funds permit transactions in exchange for Deposit Securities, each Fund may issue Shares in advance of receipt of Deposit Securities subject to various conditions, including a requirement to maintain on deposit with the Trust cash at least equal to 105% of the market value of the missing Deposit Securities. In accordance with the Trust’s Participant Agreement, Creation Units will be issued to an Authorized Participant, notwithstanding the fact that the corresponding Deposit Securities have not been received in part or in whole, in reliance on the undertaking of the Authorized Participant to deliver the missing Deposit Securities as soon as possible, which undertaking shall be secured by the Authorized Participant’s delivery and maintenance of collateral consisting of cash in the form of U.S. dollars in immediately available funds having a value (marked-to-market daily) at least equal to 105%, which the Adviser may change from time to time, of the value of the missing Deposit Securities.
Certain transaction fees may be charged by the Funds for creations and redemptions, which are treated as increases in capital.
Transactions in each Fund’s Shares are disclosed in detail in the Statements of Changes in Net Assets.
NOTE 10–Significant Event
In late February 2022, Russian military forces invaded Ukraine, amplifying already existing geopolitical tensions. Following Russia’s actions, various countries, including the U.S., Canada and the United Kingdom, as well as the European Union, issued broad-ranging economic sanctions against Russia. The sanctions consist of, among other things, the prohibition of trading in certain Russian securities and doing business with certain Russian corporate entities, the freezing of Russian assets, a commitment by certain countries and the European Union to remove certain Russian banks from the SWIFT global banking network, and restrictive measures on the Russian Central Bank.
Such actions may result in the decline of the value and liquidity of Russian securities, a weakening of the ruble, and could impair the ability of the Funds to buy, sell, receive, or deliver those securities. This could also adversely affect global financial, energy and other market sectors and thereby negatively affect the value of each Fund’s investments beyond any direct exposure to Russian issuers. The extent of the impact on the performance of each Fund and its investments will depend on future developments, all of which are highly uncertain and cannot be predicted at this time. At February 28, 2022, BulletShares 2022 USD Emerging Markets Debt ETF and BulletShares 2023 USD Emerging Markets Debt ETF were exposed to 5.01% and 5.27% of Russian securities, respectively.
|
259 |
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|
|
| |||
Calculating your ongoing Fund expenses
Example
As a shareholder of a Fund of the Invesco Exchange-Traded Self-Indexed Fund Trust, you incur a unitary management fee. In addition to the unitary management fee, a shareholder may pay distribution fees, if any, brokerage expenses, taxes, interest, acquired fund fees and expenses, if any, litigation expenses and other extraordinary expenses, including proxy expenses (except for such proxies related to: (i) changes to the Investment Advisory Agreement, (ii) the election of any Board member who is an “interested person” of the Trust, or (iii) any other matters that directly benefit the Adviser). The expense examples below are intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other funds.
The example is based on an investment of $1,000 invested at the beginning of the period and held through the six-month period ended February 28, 2022.
Actual Expenses
The first line in the following table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading “Expenses Paid During the Six-Month Period” to estimate the expenses you paid on your account during this period.
Hypothetical Example for Comparison Purposes
The second line in the following table provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed annualized rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Funds and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only, and do not reflect any transactional costs such as sales charges and brokerage commissions. Therefore the second line in the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| Beginning Account Value September 1, 2021 |
Ending Account Value February 28, 2022 |
Annualized Expense Ratio Based on the Six-Month Period |
Expenses Paid During the Six-Month Period(1) | |||||||||||||||||
|
Invesco BulletShares 2022 Corporate Bond ETF (BSCM)
Actual |
$ | 1,000.00 | $ | 998.00 | 0.10 | % | $ | 0.50 | ||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2023 Corporate Bond ETF (BSCN)
Actual |
1,000.00 | 988.00 | 0.10 | 0.49 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2024 Corporate Bond ETF (BSCO)
Actual |
1,000.00 | 974.30 | 0.10 | 0.49 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2025 Corporate Bond ETF (BSCP)
Actual |
1,000.00 | 966.60 | 0.10 | 0.49 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2026 Corporate Bond ETF (BSCQ)
Actual |
1,000.00 | 959.40 | 0.10 | 0.49 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
260 |
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|
|
| |||
Calculating your ongoing Fund expenses–(continued)
| Beginning Account Value September 1, 2021 |
Ending Account Value February 28, 2022 |
Annualized Expense Ratio Based on the Six-Month Period |
Expenses Paid During the Six-Month Period(1) | |||||||||||||||||
|
Invesco BulletShares 2027 Corporate Bond ETF (BSCR)
Actual |
$ | 1,000.00 | $ | 956.20 | 0.10 | % | $ | 0.49 | ||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2028 Corporate Bond ETF (BSCS)
Actual |
1,000.00 | 950.90 | 0.10 | 0.48 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2029 Corporate Bond ETF (BSCT)
Actual |
1,000.00 | 947.70 | 0.10 | 0.48 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2030 Corporate Bond ETF (BSCU)
Actual |
1,000.00 | 941.10 | 0.10 | 0.48 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | 0.10 | 0.50 | ||||||||||||||||
|
Invesco BulletShares 2031 Corporate Bond ETF (BSCV)
Actual |
1,000.00 | 935.70 | (2) | 0.10 | 0.45 | (3) | ||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,024.30 | (2) | 0.10 | 0.50 | (3) | ||||||||||||||
|
Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM)
Actual |
1,000.00 | 1,001.10 | 0.42 | 2.08 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)
Actual |
1,000.00 | 987.10 | 0.42 | 2.07 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO)
Actual |
1,000.00 | 979.10 | 0.42 | 2.06 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP)
Actual |
1,000.00 | 992.30 | 0.42 | 2.07 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ)
Actual |
1,000.00 | 980.80 | 0.42 | 2.06 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR)
Actual |
1,000.00 | 974.80 | 0.42 | 2.06 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS)
Actual |
1,000.00 | 962.30 | 0.42 | 2.04 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | 0.42 | 2.11 | ||||||||||||||||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT)
Actual |
1,000.00 | 945.40 | (2) | 0.42 | 1.89 | (3) | ||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,022.71 | (2) | 0.42 | 2.11 | (3) | ||||||||||||||
|
Invesco BulletShares 2022 Municipal Bond ETF (BSMM)
Actual |
1,000.00 | 997.70 | 0.18 | 0.89 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2023 Municipal Bond ETF (BSMN)
Actual |
1,000.00 | 990.00 | 0.18 | 0.89 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
261 |
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Calculating your ongoing Fund expenses–(continued)
| Beginning Account Value September 1, 2021 |
Ending Account Value February 28, 2022 |
Annualized Expense Ratio Based on the Six-Month Period |
Expenses Paid During the Six-Month Period(1) | |||||||||||||||||
|
Invesco BulletShares 2024 Municipal Bond ETF (BSMO) Actual |
$ | 1,000.00 | $ | 979.60 | 0.18 | % | $ | 0.88 | ||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2025 Municipal Bond ETF (BSMP)
Actual |
1,000.00 | 972.10 | 0.18 | 0.88 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ)
Actual |
1,000.00 | 964.80 | 0.18 | 0.88 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2027 Municipal Bond ETF (BSMR)
Actual |
1,000.00 | 965.00 | 0.18 | 0.88 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2028 Municipal Bond ETF (BSMS)
Actual |
1,000.00 | 963.50 | 0.18 | 0.88 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)
Actual |
1,000.00 | 962.70 | 0.18 | 0.88 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2030 Municipal Bond ETF (BSMU)
Actual |
1,000.00 | 957.70 | 0.18 | 0.87 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | 0.18 | 0.90 | ||||||||||||||||
|
Invesco BulletShares 2031 Municipal Bond ETF (BSMV)
Actual |
1,000.00 | 952.20 | (2) | 0.18 | 0.81 | (3) | ||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.90 | (2) | 0.18 | 0.90 | (3) | ||||||||||||||
|
Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)
Actual |
1,000.00 | 962.30 | 0.29 | 1.41 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.36 | 0.29 | 1.45 | ||||||||||||||||
|
Invesco BulletShares 2023 USD Emerging Markets Debt ETF (BSCE)
Actual |
1,000.00 | 935.90 | 0.29 | 1.39 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.36 | 0.29 | 1.45 | ||||||||||||||||
|
Invesco BulletShares 2024 USD Emerging Markets Debt ETF (BSDE)
Actual |
1,000.00 | 975.10 | 0.29 | 1.42 | ||||||||||||||||
|
Hypothetical (5% return before expenses) |
1,000.00 | 1,023.36 | 0.29 | 1.45 | ||||||||||||||||
| (1) |
Expenses are calculated using the annualized expense ratio, which represents the ongoing expenses as a percentage of net assets for the six-month period ended February 28, 2022. Expenses are calculated by multiplying the Fund’s annualized expense ratio by the average account value for the period, then multiplying the result by 181/365. |
| (2) |
The actual ending account value is based on the actual total return of the Fund for the period September 13, 2021 (commencement of investment operations) through February 28, 2022, after actual expenses and will differ from the hypothetical ending account value which is based on the Fund’s expense ratio and a hypothetical annual return of 5% before expenses. |
| (3) |
Expenses are calculated using the annualized expense ratio, which represents the ongoing expenses as a percentage of net assets for the period September 13, 2021 (commencement of investment operations) to February 28, 2022. Expenses are calculated by multiplying the Fund’s annualized expense ratio by the average account value for the period, then multiplying the result by 169/365. Hypothetical expenses are calculated by multiplying the Fund’s annualized expense ratio by the average account value for the period, then multiplying the result by 181/365. |
|
262 |
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Approval of Investment Advisory Contracts
At a meeting held on June 24, 2021, the Board of Trustees of the Invesco Exchange-Traded Self-Indexed Fund Trust (the “Trust”), including the Independent Trustees, approved the Investment Advisory Agreement (the “Agreement”) between Invesco Capital Management LLC (the “Adviser”) and the Trust for Invesco Racial and Gender Diversity ETF, Invesco BulletShares 2029 High Yield Corporate Bond ETF, Invesco BulletShares 2031 Corporate Bond ETF and Invesco BulletShares 2031 Municipal Bond ETF (each, a “Fund” and collectively, the “Funds”).
The Trustees reviewed information provided by the Adviser describing: (i) the nature, extent and quality of services to be provided, (ii) the proposed unitary advisory fee for each Fund and comparisons to amounts paid by other comparable registered investment companies, (iii) the extent to which economies of scale may be realized as a Fund grows and whether the fee levels reflect any possible economies of scale for the benefit of Fund shareholders, and (iv) any benefits to be realized by the Adviser or its affiliates from the Adviser’s relationship with each Fund.
Nature, Extent and Quality of Services. In evaluating the nature, extent and quality of the Adviser’s services, the Trustees reviewed information concerning the functions to be performed by the Adviser for each Fund, including the identity of the persons who will be responsible for the day-to-day management of the Funds, and they considered the quality of services provided by the Adviser to other exchange-traded funds (“ETFs”). The Trustees noted that each of the Funds’ portfolio managers also manages other ETFs on behalf of the Adviser that are overseen by the Board and that the Board is familiar with the background and experience of the Funds’ portfolio managers. The Trustees also noted other information the Board received and considered at its March 12, 2021 and April 15, 2021 meetings describing the Adviser’s current organization and staffing, including operational support provided by the Adviser’s parent organization, Invesco Ltd. The Trustees reviewed information related to the Adviser’s portfolio transaction policies and procedures, as well as reports on the correlation and tracking error between the underlying indexes and the performance of other ETFs for which the Adviser serves as investment adviser.
The Trustees considered the services to be provided by the Adviser in its oversight of the Funds’ administrator, custodian and transfer agent. They noted the significant amount of time, effort and resources that had been devoted to this oversight function for the other ETFs and that was expected to be provided for each Fund.
Based on their review, the Trustees concluded that the nature, extent and quality of the services to be provided by the Adviser to each Fund under the Agreement were expected to be appropriate and reasonable.
Fees, Expenses and Profitability. The Trustees reviewed and discussed the information provided by the Adviser on each Fund’s proposed unitary advisory fee, as compared to information compiled by the Adviser from Lipper Inc. (“Lipper”) databases on the median net expense ratios of comparable passive ETFs, open-end (non-ETF) index funds, open-end (non-ETF) actively managed funds and Adviser-identified select peer funds, as applicable.
The Trustees noted that the proposed annual advisory fee to be charged to each Fund was a unitary fee, and that the Adviser has agreed to pay all other operating expenses of each Fund except for brokerage expenses, taxes, interest, acquired fund fees and expenses, if any, litigation expenses, costs incurred in connection with proxies (except certain proxies) and other extraordinary expenses. The Trustees noted each Fund’s proposed unitary advisory fee as compared to the median net expense ratio of its Lipper peer groups and select peer group as shown below:
|
Fund |
Passive ETF Peer Group (Number of Peers) |
Open-End Index Fund Peer Group (Number of Peers) |
Open-End Active Fund Peer Group (Number of Peers) |
Select Peer Group (Number of Peers) | ||||
|
Invesco Racial and Gender Diversity ETF |
Higher than median (53) |
Higher than median (17) |
Lower
than median (152) |
Lower
than median (3) | ||||
|
Invesco BulletShares 2029 High Yield Corporate Bond ETF |
Higher
than median (27) |
Lower
than median (1) |
Lower than median (110) |
Higher than median (6) | ||||
|
Invesco BulletShares 2031 Corporate Bond ETF |
Same
as median (27) |
Higher
than median (3) |
Lower
than median (56) |
Same
as median (8) | ||||
|
Invesco BulletShares 2031 Municipal Bond ETF |
Same
as median (8) |
N/A (0) | Lower
than median (59) |
Same
as median (8) | ||||
|
263 |
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|
|
| |||
Approval of Investment Advisory Contracts–(continued)
Based on all of the information provided, the Board concluded that each Fund’s proposed unitary advisory fee was reasonable and appropriate in light of the administrative, operational and management oversight services to be provided by the Adviser and the related costs in providing such services, including the licensing fees payable by the Adviser to Invesco Indexing LLC.
In conjunction with their review of the unitary advisory fee, the Trustees considered that the Adviser did not provide a profitability analysis for the Adviser in managing the Funds because the Funds had not yet commenced operations. However, the Trustees noted other information the Board received and considered at its March 12, 2021 and April 15, 2021 meetings on the Adviser’s overall profitability from its relationship with other ETFs for which it serves as investment adviser.
Economies of Scale and Whether Fee Levels Reflect These Economies of Scale. The Trustees reviewed the information provided by the Adviser as to the extent to which economies of scale may be realized as each Fund grows and whether fee levels reflect economies of scale for the benefit of shareholders. The Trustees noted that any reduction in fixed costs associated with the management of the Funds would be enjoyed by the Adviser, but a unitary advisory fee provides a level of certainty in expenses for the Funds. The Trustees considered whether the proposed unitary advisory fee rate for each Fund is reasonable in relation to the proposed services and product strategy of that Fund, and they concluded that the unitary advisory fee was reasonable and appropriate.
Fall-Out Benefits. The Trustees considered that the Adviser identified no additional benefits that it would derive from its relationship with the Funds, and noted that the Adviser does not have any soft-dollar arrangements. The Trustees also considered benefits to be received by affiliates of the Adviser that may be directly or indirectly attributed to the Adviser’s relationship with the Funds, including brokerage fees and advisory fees for affiliated money market cash management vehicles. The Trustees considered that an affiliate of the Adviser, Invesco Indexing LLC, would serve as the index provider for each Fund and would be paid a licensing fee. The Board concluded that each Fund’s unitary advisory fee was reasonable, taking into account any ancillary benefits to be received by affiliates of the Adviser.
Based on all of the information considered and the conclusions reached, the Board, including the Independent Trustees, determined to approve the Agreement for each Fund. No single factor was determinative in the Board’s analysis.
|
264 |
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Proxy Voting Policies and Procedures
A description of the Trust’s proxy voting policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available, without charge and upon request, by calling (800) 983-0903. This information is also available on the Securities and Exchange Commission’s (the “Commission”) website at www.sec.gov.
Information regarding how each Fund voted proxies for portfolio securities, if applicable, during the most recent 12-month period ended June 30, is available, without charge and upon request, by (i) calling (800) 983-0903; or (ii) accessing the Trust’s Form N-PX on the Commission’s website at www.sec.gov.
Quarterly Portfolios
The Trust files its complete schedule of portfolio holdings for the Funds with the Commission for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The Forms N-PORT are available on the Commission’s website at www.sec.gov.
Frequency Distribution of Discounts and Premiums
A table showing the number of days the market price of each Fund’s shares was greater than the Fund’s net asset value, and the number of days it was less than the Fund’s net asset value (i.e., premium or discount) for the most recently completed calendar year, and the calendar quarters since that year end (or the life of the Fund, if shorter) may be found at the Fund’s website at www.invesco.com/ETFs.
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©2022 Invesco Capital Management LLC 3500 Lacey Road, Suite 700 |
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| Downers Grove, IL 60515 | P-SIFT-SAR-1 | invesco.com/ETFs |