Invesco BulletShares (R) 2024 Municipal Bond ETF
BSMO
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Sep 26, 2019
- Similar Companies
- Business
- Invesco BulletShares 2024 Municipal Bond ETF (BSMO) is an exchange-traded fund that provides targeted exposure to a portfolio of investment-grade, AMT-free municipal bonds maturing by the end of 2024; it tracks the Invesco BulletShares USD Municipal Bond 2024 Index, which is rebalanced monthly and constructed on a market-value-weighted basis. Launched on September 25, 2019, and managed by Invesco Capital Management LLC within the Invesco Exchange-Traded Self-Indexed Fund Trust, the ETF features a net expense ratio of 0.18%, monthly dividend distributions, and a focus on U.S. municipal securities issued by state and local governments; as of recent data, its holdings consist primarily of cash and receivables following bond maturities. Headquartered in Atlanta, Georgia, through its sponsor Invesco, the fund targets tax-exempt fixed income investors seeking defined-maturity strategies in the North American developed markets. Recent operational changes include the ETF's transition to 100% cash/receivables holdings as its target municipal bonds reached maturity in 2024, rendering it inactive for new trading positions with the last trade price around $24.88 on December 13, 2024; it declared a final monthly distribution of approximately $0.0069 in December 2024. The fund's assets under management contracted significantly to near zero amid this liquidation phase, with outstanding shares at 7.1 million and average daily volume dropping sharply. No major acquisitions, partnerships, or new product launches were reported in the last 1-2 years, aligning with its predefined maturity timeline.