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Invesco BulletShares 2032 Municipal Bond ETF
BSMW performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 17, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.35% | +0.08% | +0.89% | +6.11% | +8.15% | |
| Flows | +$3M | +$40M | +$63M | +$100M | +$200M | - |
Characteristics
The Invesco BulletShares 2032 Municipal Bond ETF is built to track the Invesco BulletShares USD Municipal Bond 2032 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 | 1768 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | March 1, 2023 |
| ESG | No |
More data and info about BSMW on Trackinsight
Exposure
Data as of May 31, 2026Diversification
Total weight of top 15 holdings out of 1,768
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +1.98% | +2.15% | +4.14% | |
Max drawdown | -1.15% | -2.84% | -7.38% | |
Max drawdown duration | 32d | 138d | 128d | N/A |
Time to recover | 11d | N/A | 32d | N/A |
Replication quality
Data as of June 30, 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 BSMW?
BSMW is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Invesco.
What index does BSMW track?
BSMW tracks the Invesco BulletShares USD Municipal Bond 2032 Index - USD, aiming to replicate its performance through optimized sampling.
What does BSMW 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 BSMW?
The total expense ratio (TER) of BSMW is 0.18%, representing the annual fee charged by the fund manager.
When was BSMW launched?
BSMW was launched on March 1, 2023, marking its entry into the ETF market.
Who is the issuer of BSMW?
BSMW is issued by Invesco.
What is the AUM of BSMW?
As of July 17, 2026, BSMW manages $209.30 M, reflecting the total assets held in the fund.
How has BSMW performed recently?
As of July 17, 2026, BSMW delivered a return of -0.35% over the past month (1M performance), 0.08% over the past three months (3M), and 0.89% year-to-date (YTD).
What are the recent fund flows for BSMW?
As of July 17, 2026, BSMW has seen net flows of +$3M in the past month (1M flow) and +$63M year-to-date (YTD).
Does BSMW pay dividends?
As of July 17, 2026, BSMW has a trailing 12-month distribution yield of 3.23%.
How many holdings are in BSMW
As of May 31, 2026, BSMW holds 1768 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is BSMW?
As of May 31, 2026, BSMW holds 1768 securities, with 5.63% of its assets concentrated in its top 15 holdings.
What are the top holdings of BSMW?
As of May 31, 2026, BSMW holds a portfolio of 1768 underlyings, with its largest positions including US913366KS81, US64972GB602 and US46246SAU96. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does BSMW invest in?
As of May 31, 2026, BSMW has its largest geographic exposures in USA.
What sectors or themes does BSMW focus on?
As of May 31, 2026, BSMW is primarily exposed to Municipal.
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