Invesco BulletShares 2030 Municipal Bond ETF
$21.02−0.14 (−0.66%)
- Expense ratio
- 0.18%
- Fund size
- $280M
- 1Y return
- −1.1%
- Yield · Last 12 months
- 2.89%
- Holdings
- 1815
- Volume · 30D
- 0.1M sh
- NAV per share
- $21.20
- 52W range
The ETF.net BSMU Grade
Score 52 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 45Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 60Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 70Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 75Category rank
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
- 1,815
- 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.
Returns run to the Sep 22, 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 | −1.9% |
| 1 month | −2.3% |
| 3 months | −2.6% |
| 1 year | −1.1% |
| 3 years | +2.8% |
| 5 years | −1.2% |
| 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 | −1.9% | |
| 2025 | +4.4% | |
| 2024 | −0.3% | |
| 2023 | +6.3% | |
| 2022 | −13.8% | |
| 2021 | +1.9% | |
| 2020 | +4.1% |
BSMU in the news
ETF.net Research hasn’t filed on BSMU yet — coverage lands here as it’s written.
BSMU Dividends
- 2.89%
- $0.61
- $0.05 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.05 |
| Aug 24, 2026 | Aug 28, 2026 | $0.05 |
| Jul 20, 2026 | Jul 24, 2026 | $0.05 |
| Jun 22, 2026 | Jun 26, 2026 | $0.05 |
| May 18, 2026 | May 22, 2026 | $0.05 |
| Apr 20, 2026 | Apr 24, 2026 | $0.05 |
| Mar 23, 2026 | Mar 27, 2026 | $0.05 |
| Feb 23, 2026 | Feb 27, 2026 | $0.05 |
| Jan 20, 2026 | Jan 23, 2026 | $0.05 |
| Dec 22, 2025 | Dec 26, 2025 | $0.05 |
| Nov 24, 2025 | Nov 28, 2025 | $0.05 |
| Oct 20, 2025 | Oct 24, 2025 | $0.05 |
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.
- −0.27
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
- The middle half of Defined-Maturity Municipal funds
- Median 0.18%
9 of the 32 Defined-Maturity Municipal funds charge less.