ETF overview
This exchange-traded fund, the Invesco BulletShares 2029 Municipal Bond ETF (BSMT), is designed to mirror the performance of the Invesco BulletShares USD Municipal Bond 2029 Index. The Fund allocates at least 80% of its total investments to the municipal debt instruments that constitute its underlying benchmark. The index itself aims to reflect the returns of a basket of US dollar-denominated municipal securities, originated by US state, state agencies, or local governmental bodies, all maturing effectively in the year 2029. Rather than purchasing every security in the index, BSMT employs a 'sampling' approach to pursue its investment objective. Both the Fund's holdings and the Index's composition undergo rebalancing on a monthly basis. With a predetermined maturity year of 2029, the Fund is slated to cease operations on approximately December 15, 2029. For comprehensive information, please refer to the official prospectus.
Fund facts
- Expense ratio
- 0.18%
- Fund assets
- 298.46M USD (all share classes)
- Issuer
- Invesco
- Inception date
- Sep 25, 2019
- Number of holdings
- 2,014
Breakdown
Holdings (2,014)
| Name | Ticker | Weight |
|---|---|---|
| Triborough Bridge & Tunnel Authority 5.00% 02/01/2029 | 0.48% | |
| Triborough Bridge & Tunnel Authority 5.00% 03/15/2029 | 0.48% | |
| State of New Jersey 5.00% 06/01/2029 | 0.46% | |
| Hillsborough County Industrial Development Authority 5.00% 11/15/2029 | 0.41% | |
| Harris County Cultural Education Facilities Finance Corp 5.00% 12/01/2029 | 0.38% | |
| Colorado Health Facilities Authority 5.00% 12/01/2029 | 0.34% | |
| Ohio Water Development Authority 5.00% 06/01/2029 | 0.32% | |
| Illinois State Toll Highway Authority 5.00% 01/01/2044 | 0.30% | |
| Los Angeles Unified School District/CA 5.00% 07/01/2029 | 0.30% | |
| California Infrastructure & Economic Development Bank 3.25% 08/01/2029 | 0.30% | |
| and 2,001 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)
- Expense ratio
- 0.18%
- Fund assets
- 298.46M USD (all share classes)
- Issuer
- Invesco
- Inception date
- Sep 25, 2019
- Number of holdings
- 2,014
| Name | Ticker | Weight |
|---|---|---|
| Triborough Bridge & Tunnel Authority 5.00% 02/01/2029 | 0.48% | |
| Triborough Bridge & Tunnel Authority 5.00% 03/15/2029 | 0.48% | |
| State of New Jersey 5.00% 06/01/2029 | 0.46% | |
| Hillsborough County Industrial Development Authority 5.00% 11/15/2029 | 0.41% | |
| Harris County Cultural Education Facilities Finance Corp 5.00% 12/01/2029 | 0.38% | |
| Colorado Health Facilities Authority 5.00% 12/01/2029 | 0.34% | |
| Ohio Water Development Authority 5.00% 06/01/2029 | 0.32% | |
| Illinois State Toll Highway Authority 5.00% 01/01/2044 | 0.30% | |
| Los Angeles Unified School District/CA 5.00% 07/01/2029 | 0.30% | |
| California Infrastructure & Economic Development Bank 3.25% 08/01/2029 | 0.30% | |
| and 2,001 more | ||
This exchange-traded fund, the Invesco BulletShares 2029 Municipal Bond ETF (BSMT), is designed to mirror the performance of the Invesco BulletShares USD Municipal Bond 2029 Index. The Fund allocates at least 80% of its total investments to the municipal debt instruments that constitute its underlying benchmark. The index itself aims to reflect the returns of a basket of US dollar-denominated municipal securities, originated by US state, state agencies, or local governmental bodies, all maturing effectively in the year 2029. Rather than purchasing every security in the index, BSMT employs a 'sampling' approach to pursue its investment objective. Both the Fund's holdings and the Index's composition undergo rebalancing on a monthly basis. With a predetermined maturity year of 2029, the Fund is slated to cease operations on approximately December 15, 2029. For comprehensive information, please refer to the official prospectus.
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