Core Viewpoint - Invesco BulletShares 2027 Corporate Bond ETF provides a targeted investment in investment-grade corporate bonds maturing in 2027, offering income generation and defined maturity, with a market cap of $4.30 billion supporting liquidity and efficient index tracking [1]. Group 1: Fund Characteristics - The ETF holds a diversified selection of corporate bonds, with at least 80% of assets allocated to securities in the underlying index [2]. - It focuses on U.S. dollar-denominated investment-grade corporate bonds maturing in 2027, aiming to provide predictable income and defined maturity exposure [2]. - As of January 6, 2026, the fund carried a 4.26% annualized dividend yield and was priced at $19.75, returning 5.8% over the past year, underperforming the S&P 500 by 11.8 percentage points [2]. Group 2: Stakeholder Actions - Red Spruce Capital, LLC reduced its stake in the ETF by 185,157 shares, with an estimated transaction value of $3.65 million, reflecting a quarter-end position value decrease of $3.37 million [3][4]. - The position now represents 2.61% of Red Spruce's assets under management (AUM), placing it outside the fund's top five holdings [4]. Group 3: Investment Strategy - Corporate bond ETFs, like Invesco's BulletShares series, can provide regular income through interest payments and capital appreciation, making them attractive for investors seeking reliable payments with lower risk [5]. - Investors may employ a bond ladder strategy, holding bonds that mature at regular intervals to ensure consistent payouts, which may have influenced Red Spruce's strategy [6]. - The reduction in shares could indicate a strategy to lock in gains before an anticipated interest rate cut in 2026 or a shift towards more lucrative opportunities in the market [6].

Thank you, Brian. And Mark, it is great to see you on this earnings day. As Brian just Leslie, thank you.Um, as Brian just laid out, you had revenue gains, record Q3s in each of your five businesses, big jump in net interest income, and a lower provision for credit losses. So, how much of that was all possible without the current macro backdrop. Yeah, you know, Leslie, first of all, thanks for having me.I'd start by saying what we saw today was a byproduct of us continuing to execute on our strategy. It als ...

Right. Another big story maybe not getting much attention is the huge jump in corporate borrowing. We are now tracking 230 billion in debt deals just this month.And maybe here's an RBI for you. That would be the heaviest volume of any month ever. The question is how this might be impacting the government bond market.Is there simply more competition for debt sales and that money. I don't know. But Rick Santelli probably does.He joins us now from Chicago with the bond report. Rick. Well, you know, there's two ...

You said you have your lowest exposure to credit in 40 years. The the kind of on the other times you've been underweight or the leaning crisis and right before COVID. So what does that mean practically for your investments.Does that mean that you're completely getting away from credit. Are you in investment grade but still at the lowest level. Are you moving into high yield.What does that exactly mean. Sure. First of all, if you look at the investment grade universe according to the index, it's almost $30 t ...