BSMS

Invesco BulletShares 2028 Municipal Bond ETF

$23.46

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco BulletShares 2028 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2028 Municipal Bond Index.

Overview

ETF tracking Invesco BulletShares 2028 Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2019-09-25

Market Cap $225.2M

Average Volume N/A

Dividend Yield 2.34%

52-Week Range $22.66 - $23.60

VWAP $23.46

Performance

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Investment Summary

📎 Investment Objective

The Invesco BulletShares 2028 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2028 Municipal Bond Index.

🎯 Investment Strategy

The fund invests in a portfolio of municipal bonds with maturities targeted to the year 2028. The portfolio is designed to provide exposure to the municipal bond market with a defined maturity date.

✨ Key Features

Targets municipal bonds maturing in 2028
Seeks to provide exposure to the municipal bond market
Defined maturity date provides potential for reduced interest rate risk
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if the issuers of the underlying bonds default
Liquidity risk if the bonds held by the fund become difficult to trade
Concentration risk as the fund is focused on a single maturity year

👤 Best For

This ETF may be suitable for investors seeking exposure to the municipal bond market with a defined maturity date, and who have a moderate risk tolerance and investment horizon aligned with the 2028 target year.