Invesco's BulletShares 2036 municipal ETF is now effective
Invesco Exchange-Traded Self-Indexed Fund Trust's 485BPOS, filed Tuesday, September 8, 2026, made Invesco BulletShares 2036 Municipal Bond ETF effective September 9 at a 0.18% management fee.
Key takeaways
Invesco BulletShares 2036 Corporate Bond ETF BSCA began trading on June 10, 2026, and had $14.7 million in assets as of Tuesday. The municipal ladder still stopped at 2035. A Form 485BPOS that became effective September 9, 2026, adds Invesco BulletShares 2036 Municipal Bond ETF BSMA as that missing vintage.
The paper, filed Tuesday by Invesco Exchange-Traded Self-Indexed Fund Trust, is the follow-on to a June 26 amendment that first named the series. The prospectus says the fund has not commenced operations.
Holders of the new series would own U.S. dollar municipal bonds with 2036 maturities or effective maturities, the same defined-maturity design as Invesco BulletShares 2035 Municipal Bond ETF BSMZ. The 2036 paper sets a unitary management fee of 0.18%, which is also its total annual operating expenses, matching the expense ratio on the 2035 and 2034 municipal vintages. It is built to terminate on or about December 15, 2036, unless the board changes the date.
That 2035 series began trading on September 17, 2025.
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Frequently asked questions
What does this fund hold?
U.S. dollar municipal bonds maturing, or effectively maturing, in 2036.
What does it cost?
A unitary management fee of 0.18%, which is also its total annual operating expenses.
Is it trading yet?
No, the prospectus says the fund has not commenced operations.
What happens at the end of its term?
It is built to terminate on or about December 15, 2036, unless the board changes the date.
