BSMY ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The Invesco BulletShares 2034 Municipal Bond ETF (Fund) is based on the Invesco BulletShares USD Municipal Bond 2034 Index (Index). 0.18% expense ratio, $103M AUM, 1553 holdings, inception 2024.

Invesco BulletShares 2034 Municipal Bond ETF (BSMY) ETF — Price, Holdings & Analysis

The Invesco BulletShares 2034 Municipal Bond ETF (Fund) is based on the Invesco BulletShares USD Municipal Bond 2034 Index (Index). 0.18% expense ratio, $103M AUM, 1553 holdings, inception 2024.

ETF Overview

The Fund will invest at least 80% of its total assets in municipal bonds that comprise the index. The Index seeks to measure the performance of a portfolio of US dollar-denominated municipal securities, issued by US state, state agencies, or local governments with effective maturities in 2034. 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 2034 and will terminate on or about Dec. 15, 2034. See the prospectus for more information.

The Invesco BulletShares 2034 Municipal Bond ETF (Fund) is based on the Invesco BulletShares USD Municipal Bond 2034 Index (Index). The Fund will invest at least 80% of its total assets in municipal bonds that comprise the index. The Index seeks to measure the performance of a portfolio of US dollar-denominated municipal securities, issued by US state, state agencies, or local governments with effective maturities in 2034. Invesco BulletShares 2034 Municipal Bond ETF provides exposure to the fixed income market. The portfolio is broadly diversified with 1553 holdings. It is heavily weighted toward Cash & Others (97.5%), reflecting a sector-tilted strategy.

Risk Metrics

With 1553 holdings, the fund offers broad diversification that mitigates individual security risk. Heavy allocation to Cash & Others (97.5%) means sector-specific downturns could disproportionately affect performance. A beta of 0.00 indicates lower volatility relative to the broader market.

Expense Ratio

0.18%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	97.5%
Financial Services	2.2%
Consumer Cyclical	0.3%
Industrials	0.0%

Country	Weight
Other	97.5%
United States	2.2%
Germany	0.3%
United Kingdom	0.0%

Dividend Yield

0.00%

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) — 0.49% expense ratio
iShares 20+ Year Treasury Bond ETF (TLT) — 0.15% expense ratio
JPMorgan International Bond Opportunities ETF (JPIB) — 0.50% expense ratio
IDX Dynamic Fixed Income ETF (DYFI) — 1.12% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) — 0.28% expense ratio
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) — 0.14% expense ratio
iShares Core U.S. Aggregate Bond ETF (AGG) — 0.03% expense ratio
iShares MBS ETF (MBB) — 0.04% expense ratio

Invesco QQQ Trust, Series 1 (QQQ) (Equity) — 0.18% expense ratio
Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) (Equity) — 0.39% expense ratio
Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) (Equity) — 0.47% expense ratio
Invesco Taxable Municipal Bond ETF (BAB) (Fixed Income) — 0.28% expense ratio
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) (Equity) — 0.60% expense ratio
Invesco ESG S&P 500 Equal Weight ETF (RSPE) (Equity) — 0.20% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is Invesco BulletShares 2034 Municipal Bond ETF (BSMY)?

It holds 1553 securities. With $103M in assets under management, it is a funds in its category.

What is the expense ratio for BSMY?

Invesco BulletShares 2034 Municipal Bond ETF has an expense ratio of 0.18%, which is considered low for fixed income 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.

What sectors does BSMY invest in?

Invesco BulletShares 2034 Municipal Bond ETF allocates across 4 sectors. The largest sector exposures are Cash & Others (97.5%), Financial Services (2.2%), Consumer Cyclical (0.3%). The fund is heavily concentrated in Cash & Others.

How long has BSMY been around?

Invesco BulletShares 2034 Municipal Bond ETF was launched in 2024, making it 2 years old. It is a relatively newer fund with a shorter track record. It is managed by Invesco.

What is the current NAV of BSMY?

Invesco BulletShares 2034 Municipal Bond ETF has a net asset value (NAV) of approximately $24.48 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.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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