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Invesco BulletShares 2029 Municipal Bond ETF
BSMT performance and flow charts
Performance
Flows
Historic performance and flows
Data as of August 31, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.04% | -0.46% | -0.78% | +1.13% | +7.82% | -3.68% |
| Flows | +$9M | +$21M | +$58M | +$90M | +$244M | +$278M |
Characteristics
The Invesco BulletShares 2029 Municipal Bond ETF is built to track the Invesco BulletShares USD Municipal Bond 2029 GTR 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 | 1917 |
| 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 BSMT on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 1,917
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +1.33% | +1.42% | +2.80% | +3.39% |
Max drawdown | -1.09% | -2.09% | -3.52% | -16.14% |
Max drawdown duration | 56d | 190d | 156d | 1701d |
Time to recover | N/A | N/A | 115d | N/A |
Replication quality
Data as of August 31, 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 BSMT?
BSMT is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Invesco.
What index does BSMT track?
BSMT tracks the Invesco BulletShares USD Municipal Bond 2029 GTR Index - USD, aiming to replicate its performance through optimized sampling.
What does BSMT 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 BSMT?
The total expense ratio (TER) of BSMT is 0.18%, representing the annual fee charged by the fund manager.
When was BSMT launched?
BSMT was launched on September 13, 2019, marking its entry into the ETF market.
Who is the issuer of BSMT?
BSMT is issued by Invesco.
What is the AUM of BSMT?
As of August 31, 2026, BSMT manages $290.30 M, reflecting the total assets held in the fund.
How has BSMT performed recently?
As of August 31, 2026, BSMT delivered a return of 0.04% over the past month (1M performance), -0.46% over the past three months (3M), and -0.78% year-to-date (YTD).
What are the recent fund flows for BSMT?
As of August 31, 2026, BSMT has seen net flows of +$9M in the past month (1M flow) and +$58M year-to-date (YTD).
Does BSMT pay dividends?
As of August 31, 2026, BSMT has a trailing 12-month distribution yield of 1.12%.
How many holdings are in BSMT
As of July 31, 2026, BSMT holds 1917 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is BSMT?
As of July 31, 2026, BSMT holds 1917 securities, with 5.22% of its assets concentrated in its top 15 holdings.
What are the top holdings of BSMT?
As of July 31, 2026, BSMT holds a portfolio of 1917 underlyings, with its largest positions including Triborough Bridge and Tunnel Authority, 5% 1feb2029, USD (2026A2), New Jersey, 5% 1jun2029, USD and US89602HJB42. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does BSMT invest in?
As of July 31, 2026, BSMT has its largest geographic exposures in USA.
What sectors or themes does BSMT focus on?
As of July 31, 2026, BSMT is primarily exposed to Municipal.
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