BSMM ETF — Holdings & Analysis

The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. 0.18% expense ratio, $81M AUM, 1 holdings, inception 2019.

Invesco BulletShares (R) 2022 Municipal Bond ETF (BSMM) ETF — Price, Holdings & Analysis

The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. 0.18% expense ratio, $81M AUM, 1 holdings, inception 2019.

ETF Overview

The underlying index seeks to measure the performance of a portfolio of U.S. dollar-denominated investment-grade municipal bonds with maturities or, in some cases, "effective maturities" in the year 2022. It is non-diversified.

The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. The underlying index seeks to measure the performance of a portfolio of U.S. dollar-denominated investment-grade municipal bonds with maturities or, in some cases, "effective maturities" in the year 2022. Invesco BulletShares (R) 2022 Municipal Bond ETF provides exposure to the equity market. The portfolio is concentrated with 1 holdings.

Risk Metrics

Invesco BulletShares (R) 2022 Municipal Bond ETF holds only 1 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. Heavy allocation to Cash & Others (100.0%) means sector-specific downturns could disproportionately affect performance. A beta of 0.14 indicates lower volatility relative to the broader market.

Expense Ratio

0.18%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

0.41%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Invesco QQQ Trust, Series 1 (QQQ) (Equity) — 0.18% expense ratio
Invesco S&P 500 QVM Multi-factor ETF (QVML) (Equity) — 0.11% expense ratio
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) (Equity) — 0.47% expense ratio
Invesco ESG S&P 500 Equal Weight ETF (RSPE) (Equity) — 0.20% expense ratio
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) (Equity) — 0.39% expense ratio
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) (Equity) — 0.60% expense ratio

Risk Metrics

Beta: 0.14

Questions & Answers

What is Invesco BulletShares (R) 2022 Municipal Bond ETF (BSMM)?

With $81M in assets under management, it is a funds in its category.

What is the expense ratio for BSMM?

Invesco BulletShares (R) 2022 Municipal Bond ETF has an expense ratio of 0.18%, which is considered low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $18.

Lower expense ratios generally lead to better long-term returns, all else being equal.

How long has BSMM been around?

Invesco BulletShares (R) 2022 Municipal Bond ETF was launched in 2019, making it 7 years old. It has several years of operating history for investors to evaluate. It is managed by Invesco.

Does BSMM pay dividends?

Yes, Invesco BulletShares (R) 2022 Municipal Bond ETF currently offers a dividend yield of approximately 0.41%. The yield is modest, as the fund focuses more on capital appreciation. Dividend distributions are typically paid quarterly, though the amount can vary.

What is the current NAV of BSMM?

Invesco BulletShares (R) 2022 Municipal Bond ETF has a net asset value (NAV) of approximately $25.24 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities.

Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.