BSMSInvesco BulletShares (R) 2028 Municipal Bond ETF

Get income6y track recordRanked #398 of 1,622 in this goal

Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2028 Index.

By Invesco · Launched 2019

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$304M

#1,943 of 5,562 · mid-size

Dividend YieldGoal

2.78%

Track Record

6 years

#1,964 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,394+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 2028 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.3% of fund✓ well diversified

Texas (State of) Water Development Board

0.6%

North Texas Tollway Authority

0.5%

Triborough Bridge & Tunnel Authority

0.5%

Los Angeles Unified School District (Election of 2008)

0.5%

New Jersey (State of) Educational Facilities Authority (Princeton University)

0.4%

Montana (State of) Facility Finance Authority (Bozeman Deaconess Health Services Obligated Group)

0.4%

Illinois (State of)

0.4%

Orlando (City of), FL

0.3%

Long Island (City of), NY Power Authority

0.3%

Georgia (State of)

0.3%

Asset allocation

Bonds

99.5%

Cash

0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.5%Low

Year-on-year price swings

Max drawdown

-15.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.18Below average

Sortino (3Y)

-0.24Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

10.4 years

Credit ratings

AAA

15.1%

66.6%

16.9%

BBB

1.4%

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 2028 Index.
Strategy: Invests primarily in securities that comprise the Underlying Index, which measures U.S. dollar-denominated investment-grade municipal bonds maturing in 2028. The Fund utilizes a sampling methodology and will hold bonds until maturity or removal from the Index. In the last year, proceeds from maturing bonds will be invested in various short-term instruments and municipal bonds not included in the Index to help track its performance.
Inception date: September 25, 2019
Fund family: Invesco