BSMR

Invesco BulletShares 2027 Municipal Bond ETF

$23.68

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Invesco BulletShares 2027 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2027 Municipal Bond Index.

Overview

ETF tracking Invesco BulletShares 2027 Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2019-09-25

Market Cap $274.6M

Average Volume N/A

Dividend Yield 2.33%

52-Week Range $23.02 - $23.90

VWAP $23.68

Performance

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Investment Summary

📎 Investment Objective

The Invesco BulletShares 2027 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2027 Municipal Bond Index.

🎯 Investment Strategy

The ETF invests in a portfolio of municipal bonds that mature in 2027, with the goal of providing investors with income and capital appreciation. The fund's holdings are designed to have a duration that approximates the maturity date.

✨ Key Features

Targets municipal bonds maturing in 2027 to provide income and potential capital appreciation
Seeks to track the Invesco BulletShares 2027 Municipal Bond Index
Diversified portfolio of municipal bonds with a targeted maturity date
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the creditworthiness of the municipal bond issuers
Liquidity risk: The municipal bond market may experience periods of low liquidity, which could affect the fund's ability to sell its holdings
Concentration risk: The fund's focus on a single maturity year may increase its vulnerability to market events

👤 Best For

This ETF may be suitable for investors seeking exposure to municipal bonds with a targeted maturity date, who have a medium-term investment horizon and a moderate risk tolerance. It could be a component of a diversified fixed-income portfolio.