BSMS Invesco BulletShares 2028 Municipal Bond ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.40 | Day Range | 23.33 – 23.36 |
| 52-Week Range | 23.22 – 23.70 | Volume | 12.51K |
| Avg Volume | 56.22K | AUM | $321.5M (Aug 26, 2026) |
| Expense Ratio | 0.18% | Yield (TTM) | 2.77% |
| NAV | 23.29 | Premium/Discount | +0.26% indicative |
| Inception | Sep 25, 2019 | Holdings | 2324 |
| Issuer | Invesco | Exchange | NASDAQ |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 46138J486 | ISIN | US46138J4866 |
| Management | Passive / index-tracking (per issuer description) | ||
About this ETF
The Invesco BulletShares 2028 Municipal Bond ETF (the Fund) is designed to track the performance of the Invesco BulletShares USD Municipal Bond 2028 Index. The Fund commits a minimum of 80% of its total assets to municipal debt instruments that are part of this benchmark index. The Index itself aims to reflect the returns of a diversified collection of U.S. dollar-denominated municipal securities, which are issued by U.S. states, their agencies, or local governmental bodies, and all possess an effective maturity date in 2028. Instead of acquiring every security within the Index, the Fund implements a "sampling" methodology to work towards its investment goals. Both the Fund's portfolio and the Index's composition undergo monthly adjustments. This Fund features a predetermined maturity year of 2028 and is scheduled to cease operations around December 15, 2028. For complete details, consult the prospectus.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.49% | +0.06% | -1.08% | -0.45% | +0.28% | +0.50% | -2.35% | — | -0.98% |
| Total return | +0.47% | +0.56% | +0.04% | +1.12% | +2.72% | +3.23% | -0.02% | — | +1.19% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.18% | Annual cost of a $10,000 investment | $18.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 2319 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | USD Pending Dividends | — | 1.06% | 0 | $3.4M |
| 2 | CASH & EQUIVALENTS | — | 0.65% | 2.07M | $2.1M |
| 3 | State of Illinois 5.00% 11/01/2028 | — | 0.49% | 1.51M | $1.5M |
| 4 | Triborough Bridge & Tunnel Authority 5.00%… | — | 0.49% | 1.49M | $1.5M |
| 5 | Texas Water Development Board 5.00% 04/15/2049 | — | 0.48% | 1.50M | $1.5M |
| 6 | North Texas Tollway Authority 5.00% 01/01/2043 | — | 0.38% | 1.20M | $1.2M |
| 7 | State of New Jersey 5.00% 06/01/2028 | — | 0.36% | 1.10M | $1.1M |
| 8 | Los Angeles Department of Water & Power 5.00%… | — | 0.34% | 1.05M | $1.1M |
| 9 | Triborough Bridge & Tunnel Authority 5.00%… | — | 0.30% | 920.00K | $953.6K |
| 10 | Los Angeles Unified School District/CA 5.25%… | — | 0.29% | 915.00K | $935.5K |
| 11 | Los Angeles County Metropolitan Transportation… | — | 0.28% | 865.00K | $891.7K |
| 12 | County of Clark NV 5.00% 05/01/2048 | — | 0.25% | 780.00K | $789.5K |
| 13 | Grand Parkway Transportation Corp 5.00%… | — | 0.24% | 750.00K | $759.7K |
| 14 | Grand Parkway Transportation Corp 5.00%… | — | 0.23% | 710.00K | $721.1K |
| 15 | Las Vegas Convention & Visitors Authority 5.00%… | — | 0.22% | 695.00K | $708.0K |
| 16 | New York State Dormitory Authority 5.00%… | — | 0.22% | 675.00K | $685.5K |
| 17 | Illinois State Toll Highway Authority 5.00%… | — | 0.22% | 675.00K | $684.2K |
| 18 | Commonwealth of Pennsylvania 3.75% 03/01/2039 | — | 0.21% | 700.00K | $671.9K |
| 19 | New Jersey Transportation Trust Fund Authority… | — | 0.21% | 645.00K | $671.3K |
| 20 | University of California 5.00% 05/15/2058 | — | 0.21% | 650.00K | $658.8K |
| 21 | New Jersey Transportation Trust Fund Authority… | — | 0.20% | 620.00K | $643.9K |
| 22 | New York City Municipal Water Finance Authority… | — | 0.19% | 595.00K | $608.5K |
| 23 | University of California 5.00% 05/15/2043 | — | 0.19% | 585.00K | $598.6K |
| 24 | Metropolitan Transportation Authority 4.00%… | — | 0.19% | 590.00K | $591.8K |
| 25 | New York City Transitional Finance Authority… | — | 0.18% | 565.00K | $581.3K |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.77% | Paid (last 12 months) | $0.6480 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 24, 2026 | Last payment | $0.0583 (Aug 28, 2026) |
| Growth 1Y | -2.30% | Growth 3Y / 5Y (ann.) | +6.12% / +10.27% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 24, 2026 | Aug 24, 2026 | Aug 28, 2026 | $0.0583 |
| Jul 20, 2026 | Jul 20, 2026 | Jul 24, 2026 | $0.0558 |
| Jun 22, 2026 | Jun 22, 2026 | Jun 26, 2026 | $0.0563 |
| May 18, 2026 | May 18, 2026 | May 22, 2026 | $0.0556 |
| Apr 20, 2026 | Apr 20, 2026 | Apr 24, 2026 | $0.0516 |
| Mar 23, 2026 | Mar 23, 2026 | Mar 27, 2026 | $0.0529 |
| Feb 23, 2026 | Feb 23, 2026 | Feb 27, 2026 | $0.0527 |
| Jan 20, 2026 | Jan 20, 2026 | Jan 23, 2026 | $0.0539 |
| Dec 22, 2025 | Dec 22, 2025 | Dec 26, 2025 | $0.0530 |
| Nov 24, 2025 | Nov 24, 2025 | Nov 28, 2025 | $0.0545 |
| Oct 20, 2025 | Oct 20, 2025 | Oct 24, 2025 | $0.0516 |
| Sep 22, 2025 | Sep 22, 2025 | Sep 26, 2025 | $0.0518 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 1.53% / 3.06% | Sharpe 1Y / 3Y | -0.636 / -0.136 |
| Max drawdown 1Y / 3Y | -1.07% / -3.58% | Sortino 1Y | -0.904 |
| Beta vs S&P 500 (3Y) | 0.023 | Correlation vs S&P 500 (1Y) | 0.193 |
| Downside deviation 1Y | 1.08% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 12.51K | Average volume | 56.22K |
| AUM | $321.5M | Premium/Discount | +0.26% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$638.3K | -0.20% | $322.1M → $321.5M |
| 1 Week | $4.6M | +1.44% | $317.5M → $321.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for BSMS
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.