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 9 August 2022
Asset Under Management 43.33 Million (USD)
1 Month Total Return 1.05 %
Year To Date Return -6.54 %
1 Year Total Return -7.14 %
3 Year Annualized Total Return
NAV 24.0743
Share Outstanding 1,800,000
Top 10 Holdings (8 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Indiana Municipal Power Agency BOND 0.0152418265
City of Indianapolis Department of Public Utilities Water Sy BOND 0.0142738042
City of Dallas TX BOND 0.0129484455
Triborough Bridge & Tunnel Authority BOND 0.0126071929
Pennsylvania Higher Educational Facilities Authority BOND 0.0123963116
City of New York NY BOND 0.0118108564
State of California BOND 0.0109594557
New York City Municipal Water Finance Authority BOND 0.0106376029
State of Illinois BOND 0.0100950212