# Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD (BX27) **Page:** https://fundology.uk/fund/bx27 · ISIN IE000BMDG046 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, BX27 (Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD, ISIN IE000BMDG046) closed at £4.03 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the year to 13/11/2026 its total return was +2.7%, or −0.9% after UK CPIH inflation. ## Summary Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD is an exchange-traded fund (ETF) from Invesco, launched in 2024. It tracks the Bloomberg 2027 Maturity USD Corporate Bond Screened Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£4.03** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | BX27 | | ISIN | IE000BMDG046 | | Also listed as | BS27 (London Stock Exchange, US dollars) | | Category | Corporate & other bonds | | Type | ETF | | Provider | Invesco | | Tracks | Bloomberg 2027 Maturity USD Corporate Bond Screened Index - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £1.8m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 21/05/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +2.73% | -0.91% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD in pounds (price only, income paid out not included): 2025 −7.0%; 2026 to 13/11/2026 +1.3%. Returns of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +0.3%; to 30/09/2025: −1.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | -7.0% | -10.2% | Price | | 2026 to 13/11/2026 | +1.3% | -1.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.70% | -4.74% | ## Largest fall Volatility of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD in pounds, annualised from weekly returns to 13/11/2026: 5.7% over 1 year. Largest fall in the price of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD since May 2024, in pounds: −10.7% from 17/01/2025 to 27/06/2025. The lowest 12-month return of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD in pounds (price only, income paid out not included) since May 2024 was −8.7% (12 months to 30/01/2026); the highest was +3.4% (12 months to 26/06/2026). On 13/11/2026 the price of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD was 7.6% below its highest weekly close since May 2024 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD 0.10% a year. Compared on 14/11/2026, 383 of the 427 other corporate and other bond funds charge more, 26 the same and 18 less (share classes counted once). ## Funds tracking the same index 4 funds track Bloomberg 2027 Maturity USD Corporate Bond Screened Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.16% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco BulletShares 2027 USD Corporate Bond UCITS ETF Accum- Hedged GBP | 0.12% | +2.7% | — | — | | Invesco BulletShares 2027 USD Corporate Bond UCITS ETF Accum- USD | 0.10% | +2.7% | — | — | | Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD (this fund) | 0.10% | +2.7% | — | — | | Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF Hedged GBP | 0.16% | +3.4% | — | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 12/11/2026, BX27 holds 527 positions, according to its published holdings. The largest is Citigroup Inc 4.45% 29/09/27 at 0.86% of the fund; the ten largest make up 6.6%. ### Top holdings Largest positions (as of 12/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Citigroup Inc 4.45% 29/09/27 | — | 0.86% | | 2 | T-Mobile USA Inc 3.75% 15/04/27 | — | 0.83% | | 3 | Microsoft Corp 3.3% 06/02/27 | — | 0.81% | | 4 | Amazon.com Inc 3.15% 22/08/27 | — | 0.77% | | 5 | Morgan Stanley 3.625% 20/01/27 | — | 0.64% | | 6 | Oracle Corp 2.8% 01/04/27 | — | 0.57% | | 7 | Goldman Sachs Group Inc/The 3.85% 26/01/27 | — | 0.55% | | 8 | Meta Platforms Inc 3.5% 15/08/27 | — | 0.55% | | 9 | AbbVie Inc 4.8% 15/03/27 | — | 0.52% | | 10 | Amazon.com Inc 3.3% 13/04/27 | — | 0.52% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By type of asset Added up from the fund’s published holdings, as of 05/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.5% | | Cash and money market | 0.5% | All 527 holdings: https://fundology.uk/fund/bx27/holdings ## Questions people ask **What is the ongoing charge of BX27?** The ongoing charge of BX27 is 0.10% a year — about £10 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Markets II PLC - Invesco BulletShares 2027 USD Corporate Bond UCITS ETF - USD 0.10% a year. Compared on 14/11/2026, 383 of the 427 other corporate and other bond funds charge more, 26 the same and 18 less (share classes counted once). **What does BX27 track?** BX27 tracks the Bloomberg 2027 Maturity USD Corporate Bond Screened Index - Benchmark TR Net. **Is BX27 accumulating or distributing?** BX27 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of BX27?** The ISIN of BX27 is IE000BMDG046. An ISIN identifies one exact share class of a fund; BX27 is its ticker on the London Stock Exchange. The same share class is also listed as BS27 (London Stock Exchange, US dollars). **What does BX27 hold?** As of 12/11/2026, BX27 holds 527 positions, according to its published holdings. The largest is Citigroup Inc 4.45% 29/09/27 at 0.86% of the fund; the ten largest make up 6.6%. Its ten largest holdings are Citigroup Inc 4.45% 29/09/27 (0.86%), T-Mobile USA Inc 3.75% 15/04/27 (0.83%), Microsoft Corp 3.3% 06/02/27 (0.81%), Amazon.com Inc 3.15% 22/08/27 (0.77%), Morgan Stanley 3.625% 20/01/27 (0.64%), Oracle Corp 2.8% 01/04/27 (0.57%), Goldman Sachs Group Inc/The 3.85% 26/01/27 (0.55%), Meta Platforms Inc 3.5% 15/08/27 (0.55%), AbbVie Inc 4.8% 15/03/27 (0.52%) and Amazon.com Inc 3.3% 13/04/27 (0.52%). **What were BX27’s returns in each of the last five years?** Calendar-year returns of BX27 in pounds (price only, income paid out not included): 2025 −7.0%; 2026 to 13/11/2026 +1.3%. Past performance is not a guide to future returns. **How has BX27 done after inflation?** Over the year to 13/11/2026 BX27’s total return was +2.7%, or −0.9% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.