BSMV

Invesco BulletShares 2031 Municipal Bond ETF
*Unless otherwise stated, data provided by FactSet.

BSMV Fund Description

BSMV tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2031.

BSMV Factset Analytics Insight

As part of Invesco’s AMT-Free Muni Term ETF suite, BSMV behaves more like a bond than a typical bond fund. The fund provides bullet maturity—in this case 2031—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, BSMV 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, BSMV can be used as a building block for a tax-exempted bond ladder.

PERFORMANCE [as of 11/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BSMV 0.41% -- -- -- -- -- --
BSMV (NAV) 1.62% -- -- -- -- -- --
N/A -- -- -- -- -- -- --
Bloomberg Barclays Municipal Intermediate (5-10 Y) 0.22% -0.93% 0.06% 0.68% 4.61% 3.67% 3.29%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BSMV Summary Data

Invesco
09/15/21
Open-Ended Fund
0.18%
$4.97M
$1.02K
0.17%

BSMV Portfolio Data

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N/A
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BSMV Index Data

N/A
Market Value
AMT-Free
Bloomberg Barclays Municipal Intermediate (5-10 Y)

BSMV Portfolio Management

0.18%
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BSMV Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BSMV Fund Structure

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

BSMV Factset Analytics Block Liquidity

As of 11/24/21
5
4
3
2
1

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

BSMV Tradability

56
$1.02K
0
0
0.17%
$0.04
0.21%
0.49% / -1.10%
None
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100,000
0
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$24.80
N/A

BSMV Top 10 Holdings[View All]

4.42%
4.31%
4.01%
4.01%
3.63%
3.53%
3.38%
3.17%
3.17%
2.75%
36.39%

BSMV Performance Statistics

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BSMV Holdings Statistics

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BSMV Avg Life Maturity Distribution

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BSMV OAS Breakdown

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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.