Invesco BulletShares 2027 Municipal Bond ETF (BSMR) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.57: the stock has moved about 43% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerInvesco BulletShares 2027 Municipal Bond ETF (BSMR) trades at $23.28. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for BSMR: BSMR does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) Financial Services Profile
Invesco BulletShares 2027 Municipal Bond ETF provides targeted exposure to the municipal bond market, specifically bonds maturing in 2027, utilizing a sampling methodology to mirror the Invesco BulletShares USD Municipal Bond 2027 Index within the financial services sector, offering a defined maturity investment strategy.
What Is the Investment Thesis for BSMR?
BSMR presents a targeted investment vehicle for investors seeking exposure to municipal bonds maturing in 2027. With a market cap of $0.32 billion and a beta of 0.57, the fund offers relatively low volatility within the bond market. The fund's strategy of mirroring the Invesco BulletShares USD Municipal Bond 2027 Index provides a transparent and predictable investment outcome. Key value drivers include the fund's defined maturity date, which allows investors to match bond investments with specific future needs. Growth catalysts include increasing demand for targeted maturity bond ETFs and the potential for rising interest rates to positively impact the fund's yield. However, potential risks include changes in the municipal bond market, credit risk associated with the underlying bonds, and the fund's eventual termination in December 2027.
Based on FMP financials and quantitative analysis
BSMR Key Highlights
Market capitalization of $0.32 billion indicates a moderate size within the municipal bond ETF market.
- Beta of 0.57 suggests lower volatility compared to the broader market, making it a potentially stable investment.
- The fund invests at least 80% of its assets in municipal bonds, providing focused exposure to this asset class.
- The fund employs a sampling methodology to replicate the index, potentially reducing transaction costs.
- The fund's designated maturity date of December 15, 2027, offers a defined investment horizon for investors.
Who Are BSMR's Competitors?
BSMR is benchmarked below against 5 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BSCY Invesco BulletShares 2034 Corporate Bond ETF | $19.56 | +0.18% | $537M | — |
| BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF | $20.77 | +0.39% | $532M | — |
| BSMP Invesco BulletShares 2025 Municipal Bond ETF | $24.48 | -0.01% | $189M | — |
| BSMQ Invesco BulletShares 2026 Municipal Bond ETF | $23.45 | +0.11% | $284M | — |
| BSMS Invesco BulletShares 2028 Municipal Bond ETF | $22.89 | +0.18% | $301M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BSMR's Key Strengths?
Defined maturity date provides a targeted investment horizon.
- Low expense ratio enhances cost-effectiveness.
- Transparent investment strategy based on a well-defined index.
- Part of the established Invesco ETF family.
What Are BSMR's Weaknesses?
Limited upside potential due to fixed-income nature.
- Vulnerable to interest rate risk and credit risk.
- Eventual termination date limits long-term investment.
- Sampling methodology may not perfectly replicate index performance.
What Are the Key Risks for BSMR?
Changes in interest rates could negatively impact bond values.
- Credit downgrades or defaults of underlying municipal bonds.
- Competition from other bond ETFs.
- Eventual termination date limits long-term investment.
What Are BSMR's Competitive Advantages?
- Defined maturity date provides a unique selling proposition.
- Established track record of tracking the Invesco BulletShares USD Municipal Bond 2027 Index.
- Low expense ratio compared to actively managed bond funds.
- Brand recognition and distribution network of Invesco.
What Does BSMR Do?
The Invesco BulletShares 2027 Municipal Bond ETF (BSMR) is designed to provide investors with a targeted maturity investment in the municipal bond market. The fund operates by tracking the Invesco BulletShares USD Municipal Bond 2027 Index, which comprises US dollar-denominated municipal securities issued by US state, state agencies, or local governments, all with effective maturities in the year 2027. Launched to cater to investors seeking predictable income streams and capital preservation, BSMR offers a unique approach by focusing on a specific maturity date, differentiating itself from traditional bond funds with perpetual portfolios. The fund invests at least 80% of its total assets in municipal bonds included in the index. Instead of holding all securities in the index, BSMR employs a sampling methodology, selecting a representative sample of bonds to replicate the index's overall characteristics and performance. This strategy aims to provide a similar investment outcome while potentially reducing transaction costs and improving efficiency. The fund and the underlying index are rebalanced monthly to maintain alignment with the target maturity and investment objectives. BSMR is structured with a designated year of maturity, set for 2027, and is scheduled to terminate on or about December 15, 2027, returning the remaining assets to shareholders. This defined maturity feature allows investors to align their bond investments with specific future liabilities or financial goals.
What Products and Services Does BSMR Offer?
- Invests in US dollar-denominated municipal securities.
- Tracks the Invesco BulletShares USD Municipal Bond 2027 Index.
- Employs a sampling methodology to replicate the index's performance.
- Rebalances the fund and index monthly.
- Targets a specific maturity date of 2027.
- Terminates on or about December 15, 2027.
How Does BSMR Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- Aims to replicate the performance of the Invesco BulletShares USD Municipal Bond 2027 Index.
- Provides investors with targeted exposure to municipal bonds maturing in 2027.
What Industry Does BSMR Operate In?
The Invesco BulletShares 2027 Municipal Bond ETF operates within the asset management industry, specifically focusing on fixed-income investments. The municipal bond market is influenced by factors such as interest rates, credit ratings, and economic conditions. The competitive landscape includes other bond ETFs with varying maturity dates and investment strategies. BSMR differentiates itself through its defined maturity approach, offering investors a targeted investment horizon. The asset management industry is experiencing growth in ETF adoption, driven by their cost-effectiveness and transparency.
Who Are BSMR's Key Customers?
- Individual investors seeking fixed-income exposure.
- Financial advisors managing client portfolios.
- Institutional investors, such as pension funds and insurance companies.
- Investors looking for a defined maturity investment strategy.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 43 snapshots
| 2026-08-23 | 50 |
| 2026-08-31 | 50 |
| 2026-09-08 | 50 |
| 2026-09-16 | 50 |
| 2026-09-24 | 50 |
| 2026-10-04 | 50 |
| 2026-10-06 | 50 |
What changed?
The score has stayed at 50.
Over the same 30 days the stock moved -1.3%.
BSMR Financials
Bull Case vs Bear Case
Bull Case
- Defined maturity date provides a targeted investment horizon.
- Low expense ratio enhances cost-effectiveness.
- Transparent investment strategy based on a well-defined index.
- Part of the established Invesco ETF family.
Bear Case
- Limited upside potential due to fixed-income nature.
- Vulnerable to interest rate risk and credit risk.
- Eventual termination date limits long-term investment.
- Sampling methodology may not perfectly replicate index performance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
BSMR Latest News
No recent news available for BSMR.
BSMR Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for BSMR.
Price Targets
Wall Street price target analysis for BSMR.
BSMR MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for BSMR; grades run from A+ (80-100) to F (below 30).
Common Questions About BSMR (Financials)
What are the main risks for BSMR?
The main risks for BSMR include interest rate risk, credit risk, and the fund's eventual termination date. Rising interest rates could negatively impact the value of the bonds held by the fund, leading to potential losses for investors.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data based on available information as of 2026-03-17.