BSMSInvesco BulletShares (R) 2028 Municipal Bond ETF
Tracks the investment results of the Invesco BulletShares Municipal Bond 2028 Index.
By Invesco · Launched 2019
Annual Cost
0.18%
#790 of 6,033 · low cost
Fund Size
$324M
#2,008 of 6,033 · large
Return (1Y)
+1.0%
Track Record
6 years
#1,946 of 6,033 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,087+0.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
Invesco BulletShares Municipal Bond 2028 Index
Holdings
By weightConcentration
Top 10 holdings = 3.9% of funddiversified
Texas (State of) Water Development Board
0.5%
Triborough Bridge & Tunnel Authority
0.4%
North Texas Tollway Authority
0.4%
Los Angeles Department of Water & Power
0.4%
Los Angeles Unified School District (Election of 2008)
0.4%
Montana (State of) Facility Finance Authority (Bozeman Deaconess Health Services Obligated Group)
0.4%
Illinois (State of)
0.3%
Los Angeles Unified School District (Election of 2008)
0.3%
Grand Parkway Transportation Corp. (TELA Supported)
0.3%
Orlando (City of), FL
0.3%
Asset allocation
Bonds
99.8%
Cash
0.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.5%Low
Year-on-year price swings
Max drawdown
-14.9%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.30Below average
Sortino (3Y)
-0.40Moderate downside risk
Bond profile
Duration
4.9 years
Avg maturity
10.3 years
Credit ratings
AAA
15.8%
AA
64.2%
A
18.4%
BBB
1.4%
Other
0.1%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Tracks the investment results of the Invesco BulletShares Municipal Bond 2028 Index.
- Strategy
- Invests primarily in U.S. dollar-denominated investment-grade municipal bonds with maturities in 2028, using a sampling methodology to track the Invesco BulletShares Municipal Bond 2028 Index. The Fund will make cash distributions of its net assets upon termination.
- Inception date
- September 25, 2019
- Fund family
- Invesco
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Data updated on 2026-09-16