Fund Description
The Invesco BulletShares 2025 Municipal Bond ETF (Fund) is based on the Invesco BulletShares USD Municipal Bond 2025 Index (Index). The Fund will invest at least 80% of its total assets in corporate bonds that comprise the index. The Index seeks to measure the performance of a portfolio of US dollar-denominated, issued by US state, state agencies, or local governments with effective maturities in 2025. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly. The Fund has a designated year of maturity of 2025 and will terminate on or about Dec. 15, 2025.
Fund Profile
Fund Name Invesco BulletShares 2025 Municipal Bond ETF
Fund Exchange Ticker BSMP
Fund Sponsor Invesco
Fund ISIN US46138J5285
Net Expense Ratio 0.18 %
Fund Inception Date 25 September 2019
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Passive
Index Name Invesco BulletShares USD Municipal Bond 2025 Index
Index Provider Invesco Indexing
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Specific Maturity Year
Bond Currency Denomination USD
Key Statistics
Return As of Date 9 August 2022
Asset Under Management 76.83 Million (USD)
1 Month Total Return 0.57 %
Year To Date Return -4.31 %
1 Year Total Return -4.64 %
3 Year Annualized Total Return
NAV 24.7835
Share Outstanding 3,100,000
Top 10 Holdings (8 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
State of Illinois BOND 0.0209215253
Metropolitan Water Reclamation District of Greater Chicago BOND 0.0146233358
State of Washington BOND 0.0140387282
State of Louisiana Gasoline & Fuels Tax Revenue BOND 0.0120846410
City of New York NY BOND 0.0096702364
New York State Dormitory Authority BOND 0.0080413128
Indiana Finance Authority BOND 0.0073879236
New Jersey Turnpike Authority BOND 0.0073229836
State of Maryland Department of Transportation BOND 0.0072677504
California Health Facilities Financing Authority BOND 0.0072646869