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Invesco BulletShares 2034 Municipal Bond ETFInvesco BulletShares 2034 Municipal Bond ETFInvesco BulletShares 2034 Municipal Bond ETF

Invesco BulletShares 2034 Municipal Bond ETF

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Overview
Analysis Holdings Discussions Technicals Seasonals

BSMY chart


Full chart

Key stats


Assets under management (AUM)
‪25.89 M‬ USD
Fund flows (1Y)
‪21.94 M‬ USD
Dividend yield (indicated)
3.10%
Discount/Premium to NAV
−0.07%
Shares outstanding
‪1.10 M‬
Expense ratio
0.18%

About Invesco BulletShares 2034 Municipal Bond ETF


Issuer
Invesco Ltd
Brand
Invesco
Home page
invesco.com
Inception date
Sep 11, 2024
Structure
Open-Ended Fund
Index tracked
Invesco BulletShares Municipal Bond 2034 Index - Benchmark TR Gross
Management style
Passive
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.
As part of Invesco's AMT-Free Muni Term ETF suite, BSMY behaves more like a bond than a typical bond fund. The fund provides bullet maturity in this case 2034, instead 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, BSMY 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, BSMY can be used as a building block for a tax-exempted bond ladder.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Intermediate
Strategy
Bullet maturity
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Maturity

BSMY analysis


What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.09%
Cash0.91%

Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

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