Fund Description
The Invesco BulletShares 2026 Municipal Bond ETF (Fund) is based on the Invesco BulletShares USD Municipal Bond 2026 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 2026. 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 2026 and will terminate on or about Dec. 15, 2026.
Fund Profile
Fund Name Invesco BulletShares 2026 Municipal Bond ETF
Fund Exchange Ticker BSMQ
Fund Sponsor Invesco
Fund ISIN US46138J5103
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 2026 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 28 October 2020
Asset Under Management 17.74 Million (USD)
1 Month Total Return -0.26 %
Year To Date Return 3.22 %
1 Year Total Return 3.90 %
3 Year Annualized Total Return
NAV 25.3447
Share Outstanding 700,001
Top 10 Holdings (27 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
State of California BOND 0.0294063530
New York City Water & Sewer System BOND 0.0288101158
State of Illinois BOND 0.0246652255
Metropolitan Transportation Authority BOND 0.0244662435
Commonwealth of Massachusetts BOND 0.0237006852
Massachusetts Development Finance Agency BOND 0.0216498986
Commonwealth of Pennsylvania BOND 0.0207885068
New Jersey Health Care Facilities Financing Authority BOND 0.0184053000
California State Public Works Board BOND 0.0144775877