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BSMWInvesco Bulletshares 2032 Municipal Bond ETF

Get income3y track recordRanked #512 of 1,706 in this goal

Tracks the Invesco BulletShares® Municipal Bond 2032 Index.

By Invesco · Launched 2023

Annual Cost

0.18%

#790 of 6,033 · low cost

Fund Size

$216M

#2,386 of 6,033 · mid-size

Return (1Y)

-0.4%

Track Record

3 years

#2,890 of 6,033 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$9,948-0.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Invesco BulletShares Municipal Bond 2032 Index

Holdings

By weight

Concentration

Top 10 holdings = 4.3% of funddiversified

Regents of the University of California Medical Center
0.5%
University of California
0.5%
New Jersey (State of)
0.5%
New York (City of), NY Municipal Water Finance Authority
0.5%
New York (State of) Dormitory Authority
0.5%
Iowa (State of) Finance Authority (Iowa Fertilizer Co.)
0.4%
Tarrant County Cultural Education Facilities Finance Corp. (Baylor Scott & White Health)
0.4%
California (State of)
0.4%
New York (City of), NY Transitional Finance Authority
0.4%
Texas (State of) Transportation Commission State Highway Fund
0.4%

Asset allocation

Bonds
99.9%
Cash
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.8%Low

Year-on-year price swings

Max drawdown
-7.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
-0.27Below average
Sortino (3Y)
-0.36Moderate downside risk

Bond profile

Duration

5.0 years

Avg maturity

10.6 years

Credit ratings

AAA
19.5%
AA
63.6%
A
15.8%
BBB
1.1%

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Tracks the Invesco BulletShares® Municipal Bond 2032 Index.
Strategy
Invests at least 80% of total assets in U.S. dollar-denominated investment-grade municipal bonds with maturities in 2032, using a sampling methodology to track the Underlying Index. The Fund is non-diversified and may concentrate investments in specific industries as reflected in the Underlying Index.
Inception date
March 1, 2023
Fund family
Invesco

Next steps

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Data updated on 2026-09-16