BSMW

Invesco BulletShares 2032 Municipal Bond ETF

$23.94

-0.02 (-0.08%)

AUM $226.90M

Expense Ratio 0.18%

NAV $23.88

Holdings 1977

Asset Class Fixed Income

Inception 03/01/2023

Provider Invesco

Top Holdings

1 CNJFX Commonwealth of Pennsylvania 0.92% 2 ALTBG.PA Capital Trust Authority 0.11% 3 DOU.DE Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue 0.05% 4 CALB California Public Finance Authority 0.04% 5 NRLB Northern California Power Agency 0.03% 6 NBN Northeast Ohio Regional Sewer District 0.03% 7 OBT Orange County Sanitation District 0.03%

Fund Description

The Invesco BulletShares 2032 Municipal Bond ETF (BSMW) aims to mirror the performance of the Invesco BulletShares USD Municipal Bond 2032 Index. This ETF allocates at least 80% of its total assets to municipal bonds that are part of the underlying index. The benchmark index itself is designed to track a collection of US dollar-denominated municipal securities. These bonds are issued by U.S. state, state agencies, or local governments and all share effective maturities in 2032. Instead of acquiring every security in the index, the Fund utilizes a "sampling" approach to fulfill its investment objective. Both the Fund and its corresponding index undergo monthly rebalancing. BSMW is structured with a definitive maturity year of 2032 and is scheduled to terminate on or about December 15, 2032. For more detailed information, consult the prospectus.