BSMS

Invesco BulletShares 2028 Municipal Bond ETF
*Unless otherwise stated, data provided by FactSet.

BSMS Fund Description

BSMS tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2028.

BSMS Factset Analytics Insight

As part of Invesco’s AMT-Free Muni Term ETF suite, BSMS behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case 2028—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, BSMS 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, BSMS can be used as a building block for a tax-exempted bond ladder.

PERFORMANCE [as of 10/25/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BSMS -1.40% -2.11% 0.03% 3.36% -- -- --
BSMS (NAV) -1.19% -2.06% 0.04% 3.29% -- -- --
Bloomberg Barclays Municipal Intermediate (5-10 Y) -0.89% -1.15% -0.18% 1.46% 4.70% 2.95% 3.41%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BSMS Summary Data

Invesco
09/25/19
Open-Ended Fund
0.18%
$18.12M
$86.59K
0.24%

BSMS Portfolio Data

6.51
--
2.19%
N/A
101

BSMS Index Data

Invesco BulletShares Municipal Bond 2028 Index
Market Value
AMT-Free
Bloomberg Barclays Municipal Intermediate (5-10 Y)

BSMS Portfolio Management

0.18%
--
--
--

BSMS Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

BSMS Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
High
Daily

BSMS Factset Analytics Block Liquidity

As of 10/26/21
5
4
3
2
1

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

BSMS Tradability

3,313
$86.59K
2,047
$53.28K
0.24%
$0.06
0.18%
14.70% / -0.19%
None
100.00%
100,000
0.02
0.01%
--
0
$25.88
N/A

BSMS Sector/Industry Breakdown


BSMS
Segment Benchmark
65.55%
--
34.03%
--
0.42%
--

BSMS Top 10 Holdings[View All]

1.90%
1.73%
1.71%
1.68%
1.62%
1.52%
1.48%
1.47%
1.42%
1.42%
15.93%

BSMS Top 5 Countries


BSMS
Segment Benchmark
100.00%
--

BSMS Top 5 Currencies


BSMS
Segment Benchmark
100.00%
--

BSMS Performance Statistics

0.01
1.28
--
--
--

BSMS Holdings Statistics

7.09 years
6.51
2.19%
6.51
Medium
101
0.41%

BSMS Avg Life Maturity Distribution

2.24%
--
--
--
68.91%
25.93%
--
--
2.91%

BSMS OAS Breakdown

100.00%
--
--
--
--
--
--
--
--
--
--