Invesco BulletShares 2030 Municipal Bond ETF
$21.14+0.11 (+0.53%)
- 0.18%
- $277M
- −1.7%
- 2.90%
- 0.1M sh
- $20.98
- low $20.56high $22.31
The ETF.net BSMU Grade
C
Score 53 out of 100
- 14 of 32
Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 10 of 32Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 19 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 6 of 32Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 9 of 32Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 8 of 32
Our read on BSMU
CA muni fund with an expiration date. BSMU holds municipal bonds maturing in 2030, then winds down around December 15, 2030 and pays out what's left. One rung of a muni ladder, roughly 1,800 bonds deep, in a single ticker.
The Fund seeks to track the Invesco BulletShares Municipal Bond 2030 Index by investing at least 80% of assets in its municipal-bond constituents. The portfolio targets U.S. municipal securities with effective maturities in 2030 and is scheduled to terminate around December 15, 2030.
Why people hold it
- Behaves like a bond, trades like a fund: holdings target effective maturities in 2030 and the fund is scheduled to terminate around December 15, 2030. Most bond ETFs never mature.
- Roughly 1,800 municipal bonds inside, so no single issuer dominates the outcome. Assembling that ladder rung yourself takes real size and a bond desk.
- Income arrives monthly, and the fund has been running since 2020 as part of Invesco's BulletShares dated-maturity lineup, so rungs can be stacked across years.
Worth knowing
- 0.18% a year sits above much of the dated-maturity crowd; Invesco's own 2030 corporate version, BSCU, charges 0.10%. Muni bonds are pricier to source and hold.
- The end date cuts both ways: once the fund terminates around December 15, 2030, the cash comes back and the reinvestment decision is yours.
- Moderately traded rather than a category heavyweight, so order size and timing matter more here than in the biggest bond ETFs.
BSMU Holdings
- Bonds
- 1,818
- 5%
- USD Pending Dividends
BSMU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
BSMU$9,829
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BSMU |
|---|---|
| Year to date | −2.5% |
| 1 month | −1.2% |
| 3 months | −3.3% |
| 1 year | −1.7% |
| 3 years | +2.9% |
| 5 years | −1.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BSMU |
|---|---|---|
| 2026 YTD | −2.5% | |
| 2025 | +4.4% | |
| 2024 | −0.3% | |
| 2023 | +6.3% | |
| 2022 | −13.8% | |
| 2021 | +1.9% | |
| 2020 | +4.1% |
BSMU in the news
BSMU Dividends
- 2.90%
- $0.61
- $0.05 per share
- Monthly
Distribution history
BSMU Risk
- 5.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.28
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.93
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BSMU Cost
0.18%
BSMU0.18%
- The middle half of Defined-Maturity Municipal funds
- Median 0.18%
9 of the 32 Defined-Maturity Municipal funds charge less.
Other funds in Defined-Maturity Municipal
- BMUNANorthern Trust 2030 Tax-Exempt Distributing Ladder ETFExpense ratio 0.18%1 year return +1.1%
- CBSMSInvesco BulletShares 2028 Municipal Bond ETFExpense ratio 0.18%1 year return +0.3%
- CBSMQInvesco BulletShares 2026 Municipal Bond ETFExpense ratio 0.18%1 year return +1.8%
- CBSMYInvesco BulletShares 2034 Municipal Bond ETFExpense ratio 0.18%1 year return −3.1%
- CBSMWInvesco BulletShares 2032 Municipal Bond ETFExpense ratio 0.18%1 year return −2.4%