BSMRInvesco BulletShares (R) 2027 Municipal Bond ETF

Get income6y track recordRanked #388 of 1,622 in this goal

Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2027 Index.

By Invesco · Launched 2019

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$340M

#1,863 of 5,562 · large

Dividend YieldGoal

2.73%

Track Record

6 years

#1,964 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,392+3.9%

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 2027 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 3.6% of fund✓ well diversified

Illinois (State of)

0.4%

Anaheim (City of), CA Housing & Public Improvements Authority

0.4%

New Jersey (State of)

0.4%

California (State of)

0.4%

Mississippi (State of)

0.4%

New York (City of), NY Transitional Finance Authority

0.4%

New York (State of) Utility Debt Securitization Authority

0.3%

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

0.3%

Clark (County of), NV

0.3%

Houston (City of), TX

0.3%

Asset allocation

Bonds

98.9%

Cash

1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.3%Low

Year-on-year price swings

Max drawdown

-13.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.23Below average

Sortino (3Y)

-0.31Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

10.2 years

Credit ratings

AAA

17.9%

64.1%

16.7%

BBB

0.9%

0.3%

Other

0.0%

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 2027 Index.
Strategy: Invests at least 80% of total assets in securities that comprise the Underlying Index, which measures U.S. dollar-denominated investment-grade municipal bonds maturing in 2027. 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 and will not concentrate investments beyond the Index's industry representation.
Inception date: September 25, 2019
Fund family: Invesco