BSMUInvesco BulletShares 2030 Municipal Bond ETF

Get income5y track recordRanked #428 of 1,622 in this goal

Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2030 Index.

By Invesco · Launched 2020

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$258M

#2,104 of 5,562 · mid-size

Dividend YieldGoal

2.81%

Track Record

5 years

#2,184 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,510+5.1%

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 2030 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.4% of fund✓ well diversified

Metropolitan Transportation Authority (Green Bonds)

0.6%

Los Angeles Unified School District

0.5%

Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels)

0.5%

New York (State of) Dormitory Authority

0.5%

New York (City of), NY

0.4%

California (State of)

0.4%

New York State Urban Development Corp.

0.4%

Michigan (State of)

0.4%

New Jersey (State of) Transportation Trust Fund Authority

0.4%

Salem-Keizer School District No. 24J

0.3%

Asset allocation

Bonds

99.9%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.1%Low

Year-on-year price swings

Max drawdown

-19.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.15Below average

Sortino (3Y)

-0.21Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

10.6 years

Credit ratings

AAA

14.3%

66.7%

16.4%

BBB

2.5%

0.1%

Other

0.1%

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 2030 Index.
Strategy: Invests primarily in securities that comprise the Underlying Index, which measures U.S. dollar-denominated investment-grade municipal bonds maturing in 2030. The Fund utilizes a sampling methodology to achieve its investment objective and may invest in callable, puttable, and pre-refunded bonds. The Underlying Index is market value weighted with a 5% limit on individual issuers, and the Fund will terminate on or about December 15, 2030.
Inception date: September 16, 2020
Fund family: Invesco