Invesco BulletShares 2034 Municipal Bond ETF (BSMY)
Invesco BulletShares 2034 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 $24.16, up 0.15% on the session, giving a market capitalisation of $140.1M. Its beta of 0.27 implies it has historically moved less than the broad market.
The Invesco BulletShares 2034 Municipal Bond ETF seeks to track the performance of the Invesco BulletShares USD Municipal Bond 2034 Index. To achieve this, the Fund commits at least 80% of its portfolio to municipal bonds that are included in this index. The underlying Index is designed to measure the returns of a collection of US dollar-denominated municipal securities, which have been issued by American state, state agency, or local governments and are slated to mature in 2034. Rather than purchasing every security in the Index, the Fund utilizes a "sampling" strategy to effectively meet its investment objective. Both the Fund and the Index are adjusted monthly. This Fund has a planned maturity year of 2034 and is set to conclude its operations on or about December 15, 2034. For more detailed information, please refer to the prospectus.
Invesco BulletShares 2034 Municipal Bond ETF is most often compared with the following Financial Services names: