Key stats
About Invesco BulletShares 2028 Municipal Bond ETF
Expense ratio
0.18%
Home page
Inception date
Sep 25, 2019
As part of Invescos AMT-Free Muni Term ETF suite, BSMS behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case 2028instead 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.35%
Cash0.65%
Top 10 holdings
Dividends
Dividend payout history