BSMZ
Invesco BulletShares 2035 Municipal Bond ETF
📎 Investment Objective
The Invesco BulletShares 2035 Municipal Bond ETF seeks to provide income that is generally exempt from federal income tax by investing in a portfolio of municipal bonds maturing in 2035.
Overview
ETF tracking Invesco BulletShares 2035 Municipal Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco BulletShares 2035 Municipal Bond ETF seeks to provide income that is generally exempt from federal income tax by investing in a portfolio of municipal bonds maturing in 2035.
🎯 Investment Strategy
The fund invests in a portfolio of municipal bonds with an effective or final maturity in the year 2035. The fund's portfolio is actively managed to maintain a weighted average maturity of approximately 15 years.
✨ Key Features
- Invests in a portfolio of municipal bonds maturing in 2035
- Actively managed to maintain a weighted average maturity of approximately 15 years
- Seeks to provide income that is generally exempt from federal income tax
- Designed for investors with a 2035 investment time horizon
⚠️ Primary Risks
- Interest rate risk: The fund's value may decline if interest rates rise
- Credit risk: The fund is exposed to the credit risk of the underlying municipal bond issuers
- Liquidity risk: The municipal bond market may experience periods of lower liquidity
- Concentration risk: The fund's focus on 2035 maturity bonds may increase volatility
👤 Best For
This ETF may be suitable for investors seeking tax-exempt income and a defined investment time horizon of around 2035. It may be appropriate as a component of a diversified fixed income portfolio.
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