BSMVInvesco BulletShares 2031 Municipal Bond ETF

Get income4y track recordRanked #473 of 1,622 in this goal

Seeks to track the investment results of the Invesco BulletShares Municipal Bond 2031 Index.

By Invesco · Launched 2021

Annual Cost

0.18%

#884 of 5,562 · low cost

Fund Size

$184M

#2,363 of 5,562 · mid-size

Dividend YieldGoal

2.91%

Track Record

4 years

#2,464 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,540+5.4%

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 2031 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 5.0% of fund✓ well diversified

Triborough Bridge & Tunnel Authority

0.9%

New Jersey (State of)

0.8%

Illinois (State of) Toll Highway Authority

0.6%

University of California (Limited)

0.5%

California (State of) Health Facilities Financing Authority (Cedars Sinai Health System)

0.4%

California (State of)

0.4%

Los Angeles (City of), CA Department of Water & Power

0.4%

Harris County Cultural Education Facilities Finance Corp. (Texas Children's Hospital)

0.4%

Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels)

0.4%

New York (State of) Dormitory Authority

0.3%

Asset allocation

Bonds

100.0%

Cash

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.4%Low

Year-on-year price swings

Max drawdown

-20.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.11Below average

Sortino (3Y)

-0.14Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

10.7 years

Credit ratings

AAA

16.7%

69.5%

13.3%

BBB

0.4%

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 2031 Index.
Strategy: Invests at least 80% of total assets in securities that comprise the Invesco BulletShares Municipal Bond 2031 Index, which is compiled and maintained by Invesco Indexing LLC.
Inception date: September 15, 2021
Fund family: Invesco