Symbols

BSSX

Invesco BulletShares 2033 Municipal Bond ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

117.08MUSD

Fund Flows (1Y)

45.78MUSD

Dividend Yield

3.25%

Discount/Premium to NAV

-0.02%

Shares Outstanding

4.50M

Expense Ratio

0.18%

About Invesco BulletShares 2033 Municipal Bond ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Institutional&productId=ETF-BSSX

Inception Date

Sep 20, 2023

Structure

Open-Ended Fund

Index Tracked

Invesco BulletShares USD Municipal Bond 2033 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.

As part of Invescos AMT-Free Muni Term ETF suite, BSSX behaves more like a bond than a typical bond fund. The fund provides bullet maturity in this case 2033, instead of perpetual exposure to a maturity pocket of the muni space. As the fund ages, its maturity, duration, and YTM will continue to decline. On its target date, BSSX will unwind and return all capital to investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, BSSX can be used as a building block for a tax-exempted bond ladder.