BSMY

Invesco BulletShares 2034 Municipal Bond ETF

$24.64

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Invesco BulletShares 2034 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2034 Municipal Bond Index.

Overview

ETF tracking Invesco BulletShares 2034 Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2024-09-11

Market Cap $71.4M

Average Volume N/A

Dividend Yield 2.58%

52-Week Range $23.22 - $25.14

VWAP $24.66

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco BulletShares 2034 Municipal Bond ETF seeks to provide investment results that generally correspond to the performance of the Invesco BulletShares 2034 Municipal Bond Index.

🎯 Investment Strategy

The fund invests in a portfolio of municipal bonds that mature in 2034, with the goal of providing income and preserving capital until the target maturity date.

✨ Key Features

Targets municipal bonds maturing in 2034, providing exposure to a defined maturity date
Seeks to track the performance of the Invesco BulletShares 2034 Municipal Bond Index
Potential for tax-exempt income, as the underlying bonds are municipal securities
Passively managed, index-based approach

⚠️ Primary Risks

Interest rate risk, as bond prices may decline when interest rates rise
Credit risk, as the fund is exposed to the creditworthiness of the underlying municipal issuers
Liquidity risk, as the market for municipal bonds may be less liquid than other fixed income sectors
Concentration risk, as the fund is focused on a single maturity year

👤 Best For

The Invesco BulletShares 2034 Municipal Bond ETF may be suitable for investors seeking exposure to municipal bonds with a defined maturity, who have a time horizon aligned with the 2034 target date, and who are comfortable with the risks associated with municipal bond investments.