BSMP

Invesco BulletShares 2025 Municipal Bond ETF

$24.53

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco BulletShares 2025 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2025 Municipal Bond Index.

Overview

ETF tracking Invesco BulletShares 2025 Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2019-09-25

Market Cap $218.3M

Average Volume N/A

Dividend Yield 2.12%

52-Week Range $24.37 - $24.64

VWAP $24.54

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco BulletShares 2025 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2025 Municipal Bond Index.

🎯 Investment Strategy

The fund invests in a portfolio of municipal bonds with maturities targeted to the year 2025, seeking to provide income that is generally exempt from federal income tax.

✨ Key Features

Targets municipal bonds maturing in 2025, providing exposure to a defined maturity date
Seeks to provide income that is generally exempt from federal income tax
Passively managed to track the Invesco BulletShares 2025 Municipal Bond Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if the financial condition of the municipal bond issuers deteriorates
Liquidity risk if there is limited trading activity in the underlying bonds
Tax risk if the tax-exempt status of the municipal bonds is challenged

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and exposure to a diversified portfolio of municipal bonds maturing in 2025. It could be a component of a broader fixed income allocation, particularly for investors with a 5-7 year investment horizon.