BSMM ETF Report: Ratings, Analysis, Quotes, Holdings

Competing ETFs: N/A

Related ETF Channels: Short-Term, U.S., Bond, North America, Investment Grade Bonds, Bullet Maturity, Muni, Fixed Income

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*Unless otherwise stated, data provided by FactSet.

BSMM Fund Description

BSMM tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2022.

BSMM Factset Analytics Insight

As part of Invesco’s AMT-Free Muni Term ETF suite, BSMM behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case 2022—instead of perpetual exposure to a maturity pocket of the muni space. As the fund ages, its maturity, duration, and YTM will continue to decline. On its target date, BSMM will unwind and return all capital to investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, BSMM can be used as a building block for a tax-exempted bond ladder.

BSMM Charts And Performance

Price Chart ($)

Total Return Chart (%)

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PERFORMANCE [as of 12/12/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS

BSMM 0.30% -- -- -- -- -- --

BSMM (NAV) 0.39% -- -- -- -- -- --

Invesco BulletShares Municipal Bond 2022 Index -- -- -- -- -- -- --

Bloomberg Barclays AMT-Free Short Continuous Municipal Index 0.48% 0.73% 4.48% 4.90% 2.82% 1.93% 2.31%

All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BSMM Summary Data

Invesco

09/25/19

Open-Ended Fund

0.18%

$10.03M

$73.66K

0.16%

Fund Home Page

BSMM Portfolio Data

N/A

BSMM Index Data

Invesco BulletShares Municipal Bond 2022 Index

Market Value

AMT-Free

Bloomberg Barclays AMT-Free Short Continuous Municipal Index

BSMM Portfolio Management

0.18%

Max. Downside Tracking Difference (12 Mo) --

BSMM Tax Exposures

20.00% / 39.60%

Qualified dividends

BSMM Fund Structure

Open-Ended Fund

100% / 0%

N/A

Low

Daily

Cboe Book Viewer

Top Of Book

Last 10 Trades

Bats BZX Real-time Quote -

BSMM Factset Analytics Block Liquidity

As of 12/13/19

This measurement shows how easy it is to trade a $1 million USD block of BSMM. BSMM is rated a N/A out of 5.

BSMM Tradability

2,943

$73.66K

1,100

$27.52K

0.16%

$0.04

0.12%

0.25% / -0.20%

None

100,000

0.01

0.01%

$25.06

N/A

BSMM Top 10 Holdings[View All]

Philadelphia Pa Wtr & Wastewtr Rev 5.0% 01-NOV-2028 4.46%

Metropolitan Govt Nashville & Davidson Cnty Tenn 5.0% 01-JUL-2022 4.43%

Long Island Pwr Auth N Y Elec Sys Rev 5.0% 01-SEP-2037 4.39%

Pennsylvania St Higher Edl Facs Auth Rev 5.0% 01-MAY-2037 4.24%

Triborough Brdg & Tunl Auth N Y Revs 5.0% 15-NOV-2022 2.81%

University Tex Perm Univ Fd 5.25% 01-JUL-2022 2.67%

New Jersey Economic Dev Auth Rev 5.0% 15-JUN-2022 2.41%

Metropolitan Transn Auth N Y Rev 5.0% 15-NOV-2025 2.23%

Connecticut St Health & Edl Facs Auth Rev VAR 01-JUL-2042 2.21%

Fairfax Cnty Va Economic Dev Auth Lease Rev 5.0% 15-MAY-2022 2.20%

Total Top 10 Weighting 32.05%

BSMM Performance Statistics

BSMM Holdings Statistics

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Number of Holdings 78

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BSMM Avg Life Maturity Distribution

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BSMM OAS Breakdown

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