Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the distribution schedules associated with the maturities of:
Guggenheim BulletShares 2016 Corporate Bond ETF (NYSE Arca: BSCG) and
Guggenheim BulletShares 2016 High Yield Corporate Bond ETF (NYSE Arca: BSJG).
Final day of trading: December 29, 2016
Maturity distribution announcement date: December 29, 2016
Maturity distribution effective date: December 30, 2016
Maturity distribution payable date: December 30, 2016
These will be the 10th and 11th funds in the Guggenheim BulletShares suite of defined-maturity ETFs to mature. Launched in 2010, the Guggenheim BulletShares lineup consists of 20 unique defined-maturity corporate bond and high yield corporate bond ETFs with maturities spanning from 2016 to 2026. BulletShares are designed to mature in their target year, providing investors with specific maturities to ladder portfolios or to manage their fixed-income exposure within specific investment time frames. The BulletShares suite had approximately $7.55 billion in assets under management as of September 30, 2016.