BSMU

Invesco BulletShares 2030 Municipal Bond ETF

$22.00

+0.00%

Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The Invesco BulletShares 2030 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2030 Municipal Bond Index, which is designed to represent the performance of a held-to-maturity portfolio of U.S. municipal bonds with a final maturity date in the year 2030.

Overview

ETF tracking Invesco BulletShares 2030 Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2020-09-16

Market Cap $178.2M

Average Volume N/A

Dividend Yield 2.39%

52-Week Range $20.96 - $22.20

VWAP $22.01

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of municipal bonds that mature in 2030, seeking to provide income and preserve capital. The fund's holdings are laddered to mature in that target year, and the portfolio is actively managed to maintain this maturity profile.

✨ Key Features

Targets municipal bonds maturing in 2030 to provide income and principal stability
Actively managed portfolio to maintain the target maturity year
Seeks to provide tax-exempt income for investors in the 2030 time frame
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if any underlying municipal bond issuers default
Liquidity risk for less actively traded municipal bonds
Concentration risk as the fund is focused on a single maturity year

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and principal stability in the 2030 time frame, with a moderate risk tolerance. It could be a component of a diversified fixed income allocation for investors nearing retirement or with shorter-term investment horizons.