BSMV

Invesco BulletShares 2031 Municipal Bond ETF

$21.12

+0.00%

Market closed. Last update: 11:39 PM ET

📎 Investment Objective

The Invesco BulletShares 2031 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2031 Municipal Bond Index.

Overview

ETF tracking Invesco BulletShares 2031 Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2021-09-15

Market Cap $122.5M

Average Volume N/A

Dividend Yield 2.45%

52-Week Range $20.08 - $21.34

VWAP $21.14

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco BulletShares 2031 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2031 Municipal Bond Index.

🎯 Investment Strategy

The ETF invests in a portfolio of municipal bonds with a target maturity date of 2031. The fund aims to provide exposure to the municipal bond market and generate income for investors.

✨ Key Features

Targets municipal bonds maturing in 2031
Seeks to track the performance of the Invesco BulletShares 2031 Municipal Bond Index
Designed as a buy-and-hold investment with a defined maturity date
Potential for tax-exempt income from municipal bond interest

⚠️ 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 risk of default by the issuers of the municipal bonds
Liquidity risk: The municipal bond market may experience periods of low liquidity, which could affect the fund's ability to sell bonds
Concentration risk: The fund's focus on a single maturity year may make it more volatile than a more diversified municipal bond fund

👤 Best For

The Invesco BulletShares 2031 Municipal Bond 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 a time horizon that aligns with the 2031 target maturity.