BSMT

Invesco BulletShares 2029 Municipal Bond ETF

$22.64

+0.04 (+0.15%)

AUM $300.28M

Expense Ratio 0.18%

NAV $22.58

Holdings 2015

Asset Class Fixed Income

Inception 09/25/2019

Provider Invesco

Top Holdings

1 CNJFX Commonwealth of Pennsylvania 0.78% 2 CALB California State University 0.42% 3 DOU.DE Douglas County School District/GA 0.06% 4 NRLB Northern California Sanitation Agencies Financing Authority 0.06% 5 NBN Northeast Ohio Regional Sewer District 0.05% 6 BCAL Southern California Public Power Authority 0.04% 7 WCCB Santa Cruz County Capital Financing Authority 0.00%

Fund Description

This exchange-traded fund, the Invesco BulletShares 2029 Municipal Bond ETF (BSMT), is designed to mirror the performance of the Invesco BulletShares USD Municipal Bond 2029 Index. The Fund allocates at least 80% of its total investments to the municipal debt instruments that constitute its underlying benchmark. The index itself aims to reflect the returns of a basket of US dollar-denominated municipal securities, originated by US state, state agencies, or local governmental bodies, all maturing effectively in the year 2029. Rather than purchasing every security in the index, BSMT employs a 'sampling' approach to pursue its investment objective. Both the Fund's holdings and the Index's composition undergo rebalancing on a monthly basis. With a predetermined maturity year of 2029, the Fund is slated to cease operations on approximately December 15, 2029. For comprehensive information, please refer to the official prospectus.