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About Invesco BulletShares 2030 Municipal Bond ETF
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Inception date
Sep 16, 2020
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
US46138J4452
As part of Invescos AMT-Free Muni Term ETF suite, BSMU behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case 2030instead 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, BSMU 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, BSMU 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
Bonds, Cash & Other100.00%
Municipal96.51%
Cash3.49%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BSMU last dividends amounted to 0.05 USD. The month before, the issuer paid 0.05 USD in dividends, which shows a 5.85% decrease.
BSMU assets under management is 183.78 M USD. It's risen 4.87% over the last month.
BSMU fund flows account for 69.68 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, BSMU pays dividends to its holders with the dividend yield of 2.90%. The last dividend (Sep 26, 2025) amounted to 0.05 USD. The dividends are paid monthly.
BSMU shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Sep 16, 2020, and its management style is Passive.
BSMU expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
BSMU follows the Invesco BulletShares Municipal Bond 2030 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BSMU invests in bonds.
BSMU price has risen by 1.13% over the last month, and its yearly performance shows a −1.04% decrease. See more dynamics on BSMU price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.03% increase in three-month performance and has increased by 1.47% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.03% increase in three-month performance and has increased by 1.47% in a year.
BSMU trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.