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BSMZ

Invesco BulletShares 2035 Municipal Bond ETF·NASDAQ
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Key Stats

Assets Under Management
25.53MUSD
Fund Flows (1Y)
20.27MUSD
Dividend Yield
0.67%
Discount/Premium to NAV
0.35%
Shares Outstanding
1.00M
Expense Ratio
0.18%

About Invesco BulletShares 2035 Municipal Bond ETF

Issuer
Invesco Capital Management LLC
Brand
Invesco
Inception Date
Sep 17, 2025
Structure
Open-Ended Fund
Index Tracked
Invesco BulletShares USD Municipal Bond 2035 Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
BSMZ is based on the Invesco BulletShares USD Municipal Bond 2035 Index (Index). The Fund will invest at least 80% of its total assets in municipal bonds that comprise the index. The Index seeks to measure the performance of a portfolio of US dollar-denominated municipal securities, issued by US state, state agencies, or local governments with effective maturities in 2035. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced monthly.

Classification

Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Long-Term
Strategy
Bullet Maturity
Geography
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Weighting Scheme
Market Value
Selection Criteria
Maturity

Analysis

Holdings

Symbol

Ratio

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CASH & EQUIVALENTS

5.81%
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New York City Transitional Finance Authority Future Tax Secured Revenue

0.65%
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Battery Park City Authority

0.64%
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Commonwealth of Massachusetts

0.62%
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New York City Municipal Water Finance Authority

0.61%
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Omaha Public Power District

0.54%

Symbol

Ratio

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Los Angeles Department of Water & Power Water System Revenue

0.54%
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Michigan State Hospital Finance Authority

0.53%
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Massachusetts School Building Authority

0.52%
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Triborough Bridge & Tunnel Authority

0.51%

Top 10 Weight 10.97%

10 Total Holdings

See all holdings

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