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Invesco BulletShares 2028 Municipal Bond ETF
BSMS performance and flow charts
Performance
Flows
Historic performance and flows
Data as of October 14, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.68% | -1.68% | -1.46% | -0.83% | +9.10% | -1.64% |
| Flows | +$9M | +$32M | +$93M | +$112M | +$270M | +$326M |
Characteristics
The Invesco BulletShares 2028 Municipal Bond ETF is built to track the ICE BulletShares USD Municipal Bond 2028 NTR Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | Invesco |
| N° of holdings | 2335 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | September 13, 2019 |
| ESG | No |
More data and info about BSMS on Trackinsight
Exposure
Data as of August 31, 2026Diversification
Total weight of top 15 holdings out of 2,335
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.48% | +1.53% | +2.27% | +2.92% |
Max drawdown | -2.80% | -3.43% | -3.43% | -14.28% |
Max drawdown duration | 92d | 234d | 234d | 1746d |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of October 16, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is BSMS?
BSMS is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Invesco.
What index does BSMS track?
BSMS tracks the ICE BulletShares USD Municipal Bond 2028 NTR Index - USD, aiming to replicate its performance through optimized sampling.
What does BSMS invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of BSMS?
The total expense ratio (TER) of BSMS is 0.18%, representing the annual fee charged by the fund manager.
When was BSMS launched?
BSMS was launched on September 13, 2019, marking its entry into the ETF market.
Who is the issuer of BSMS?
BSMS is issued by Invesco.
What is the AUM of BSMS?
As of October 14, 2026, BSMS manages $336.79 M, reflecting the total assets held in the fund.
How has BSMS performed recently?
As of October 14, 2026, BSMS delivered a return of -0.68% over the past month (1M performance), -1.68% over the past three months (3M), and -1.46% year-to-date (YTD).
What are the recent fund flows for BSMS?
As of October 14, 2026, BSMS has seen net flows of +$9M in the past month (1M flow) and +$93M year-to-date (YTD).
Does BSMS pay dividends?
As of October 14, 2026, BSMS has a trailing 12-month distribution yield of 1.42%.
How many holdings are in BSMS
As of August 31, 2026, BSMS holds 2335 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is BSMS?
As of August 31, 2026, BSMS holds 2335 securities, with 4.82% of its assets concentrated in its top 15 holdings.
What are the top holdings of BSMS?
As of August 31, 2026, BSMS holds a portfolio of 2335 underlyings, with its largest positions including Illinois, 5% 1nov2028, USD (2017D), Triborough Bridge and Tunnel Authority, 5% 1feb2028, USD (2025A) and Texas Water Development Board, 5% 15apr2049, USD (2018B). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does BSMS invest in?
As of August 31, 2026, BSMS has its largest geographic exposures in USA.
What sectors or themes does BSMS focus on?
As of August 31, 2026, BSMS is primarily exposed to Municipal.
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