Key stats
About Invesco BulletShares 2025 Municipal Bond ETF
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Inception date
Sep 25, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138J5285
As part of Invescos AMT-Free Muni Term ETF suite, BSMP behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case 2025instead of perpetual exposure to a maturity pocket of the muni space. As the fund ages, its maturity, duration, and YTM will continue to decline. On its target date, BSMP will unwind and return all capital to investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, BSMP can be used as a building block for a tax-exempted bond ladder.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Cash
Bonds, Cash & Other100.00%
Municipal79.52%
Cash20.48%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BSMP last dividends amounted to 0.05 USD. The month before, the issuer paid 0.05 USD in dividends, which shows a 3.74% increase.
BSMP assets under management is 218.20 M USD. It's fallen 1.05% over the last month.
BSMP fund flows account for −12.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BSMP pays dividends to its holders with the dividend yield of 2.55%. The last dividend (Sep 26, 2025) amounted to 0.05 USD. The dividends are paid monthly.
BSMP shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Sep 25, 2019, and its management style is Passive.
BSMP expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
BSMP follows the Invesco BulletShares Municipal Bond 2025 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BSMP invests in bonds.
BSMP price has risen by 0.02% over the last month, and its yearly performance shows a 0.22% increase. See more dynamics on BSMP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.10% over the last month, showed a 0.55% increase in three-month performance and has increased by 2.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.10% over the last month, showed a 0.55% increase in three-month performance and has increased by 2.44% in a year.
BSMP trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.