Invesco BulletShares 2030 Municipal Bond ETF
$21.440.00 (+0.02%)
- 0.18%
- $287M
- +0.2%
- 2.87%
- 86K sh
- low $20.56high $22.31
The ETF.net BSMU Grade
C
Score 54 out of 100
- 14 of 32
Score 54 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.C41 out of 100Rank 18 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 5 of 32Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 11 of 32Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 9 of 32
Our read on BSMU
In short
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.
Stated mandate
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
Worth knowing
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$10,017
Returns run to the Oct 30, 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 | −0.4% |
| 1 month | +2.9% |
| 3 months | 0.0% |
| 1 year | +0.2% |
| 3 years | +4.3% |
| 5 years | −0.6% |
| 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 | −0.4% | |
| 2025 | +4.4% | |
| 2024 | −0.3% | |
| 2023 | +6.3% | |
| 2022 | −13.8% | |
| 2021 | +1.9% | |
| 2020 | +4.1% |
BSMU in the news
BSMU Dividends
- 2.87%
- $0.61
- $0.05 per share
- Monthly
BSMU Risk
- 5.5%
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.
- −0.03
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.
FMP measures it over up to five years of monthly returns.
BSMU Cost
Overpaying vs IBMQ, tied cheapest in Defined-Maturity Municipal
$1,643
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BSMU 0.18%
$3,749
IBMQ 0.10% Tied cheapest
$2,106
Cost over time
Year by year
| Year | BSMU | IBMQ | Overpaying |
|---|---|---|---|
| 10 | $328 | $183 | $145 |
| 20 | $1,281 | $717 | $564 |
| 30 | $3,749 | $2,106 | $1,643 |
Other funds in Defined-Maturity Municipal
- BBSMVInvesco BulletShares 2031 Municipal Bond ETFExpense ratio 0.18%1 year return −0.5%
- BBSMSInvesco BulletShares 2028 Municipal Bond ETFExpense ratio 0.18%1 year return +2.1%
- CBSMYInvesco BulletShares 2034 Municipal Bond ETFExpense ratio 0.18%1 year return −0.7%
- CBSMQInvesco BulletShares 2026 Municipal Bond ETFExpense ratio 0.18%1 year return +2.2%
- CBSMWInvesco BulletShares 2032 Municipal Bond ETFExpense ratio 0.18%1 year return 0.0%
