BSMTInvesco BulletShares 2029 Municipal Bond ETF

Get income6y track recordRanked #411 of 1,622 in this goal

Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2029 Index.

By Invesco · Launched 2019

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$271M

#2,042 of 5,562 · mid-size

Dividend YieldGoal

2.75%

Track Record

6 years

#1,964 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,498+5.0%

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 2029 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.9% of fund✓ well diversified

New York (City of), NY

0.6%

Triborough Bridge & Tunnel Authority

0.6%

New Jersey (State of)

0.5%

New Jersey (State of) Turnpike Authority

0.5%

California (State of)

0.5%

California (State of)

0.5%

Hillsborough (County of), FL Industrial Development Authority (Baycare Health System)

0.5%

Chicago (City of), IL

0.4%

New York (City of), NY Transitional Finance Authority

0.4%

California (State of)

0.4%

Asset allocation

Bonds

99.7%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.8%Low

Year-on-year price swings

Max drawdown

-16.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.12Below average

Sortino (3Y)

-0.16Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

10.5 years

Credit ratings

AAA

16.6%

62.1%

19.2%

BBB

2.0%

0.0%

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 2029 Index.
Strategy: Invests primarily in securities that comprise the Underlying Index, which measures U.S. dollar-denominated investment-grade municipal bonds maturing in 2029. The Fund uses a sampling methodology to achieve its investment objective and will not concentrate in any one industry.
Inception date: September 25, 2019
Fund family: Invesco