Invesco BulletShares (R) 2023 Municipal Bond ETF (BSMN)
Invesco BulletShares (R) 2023 Municipal Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $25.05, down 0.02% on the session, giving a market capitalisation of $105.2M. Its beta of 0.15 implies it has historically moved less than the broad market.
The fund typically dedicates at least 80% of its total capital to the securities that make up its reference index. This underlying benchmark is constructed to mirror the performance of a portfolio comprising U.S. dollar-denominated, investment-grade municipal bonds that are scheduled to mature, or possess an "effective maturity," in the year 2023. These are collectively known as "2023 Bonds." The fund's holdings are not diversified.
Invesco BulletShares (R) 2023 Municipal Bond ETF is most often compared with the following Financial Services names: