BSMQInvesco BulletShares (R) 2026 Municipal Bond ETF

Get income6y track recordRanked #362 of 1,622 in this goal

Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2026 Index.

By Invesco · Launched 2019

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$295M

#1,957 of 5,562 · mid-size

Dividend YieldGoal

2.76%

Track Record

6 years

#1,964 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,295+3.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Invesco BulletShares Municipal Bond 2026 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.6% of fund✓ well diversified

New York (City of), NY

0.7%

California (State of)

0.7%

Maryland (State of) Department of Transportation

0.5%

California (State of) Public Works Board

0.4%

Minnesota (State of) Public Facilities Authority

0.4%

New York (City of), NY Transitional Finance Authority

0.4%

Illinois (State of) Toll Highway Authority

0.4%

North Texas Tollway Authority

0.4%

Chicago (City of), IL Metropolitan Water Reclamation District

0.4%

New York (City of), NY Municipal Water Finance Authority

0.4%

Asset allocation

Bonds

83.5%

Cash

16.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.3%Low

Year-on-year price swings

Max drawdown

-13.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.32Below average

Sortino (3Y)

-0.45Moderate downside risk

Bond profile

Duration

4.5 years

Avg maturity

10.0 years

Credit ratings

AAA

18.7%

61.5%

18.2%

BBB

1.3%

Below B

0.0%

Other

0.2%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2026 Index.
Strategy: Invests at least 80% of total assets in securities that comprise the Underlying Index, which measures the performance of U.S. dollar-denominated investment-grade municipal bonds maturing in 2026. The Index Provider compiles the Underlying Index, which includes bonds rated at least BBB- or Baa3 and with a minimum face value of $15 million. The Fund utilizes a sampling methodology to achieve its investment objective, holding bonds until maturity or removal from the Index.
Inception date: September 25, 2019
Fund family: Invesco