Invesco BulletShares 2027 Municipal Bond ETF
BSMR
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
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Sep 26, 2019
- Website
- invesco.com
- Similar Companies
- Business
- Invesco BulletShares 2027 Municipal Bond ETF (BSMR) is an exchange-traded fund that seeks investment results that correspond, before fees and expenses, generally to the price and yield performance of the Invesco BulletShares 2027 Municipal Bond Index. The fund provides exposure to a targeted-maturity portfolio of U.S. dollar-denominated, investment-grade municipal bonds issued by U.S. states, the District of Columbia, U.S. territories, and their political subdivisions, agencies, and instrumentalities, with effective maturities in 2027; it employs a representative sampling strategy to track the index, holding bonds across sectors including general obligation bonds, revenue bonds for transportation, education, healthcare, utilities, and housing, as well as pre-refunded and escrowed-to-maturity securities. BSMR offers tax-exempt income potential for investors seeking defined-maturity municipal bond laddering strategies, with holdings maturing primarily in 2027 to facilitate portfolio turnover as the fund approaches its target liquidation date, typically in December 2027 when substantially all proceeds are expected to be distributed. Launched in 2019 by Invesco Ltd., headquartered in Atlanta, Georgia, the ETF operates within the broader fixed-income segment of the asset management industry, targeting individual and institutional investors focused on tax-efficient, low-duration municipal exposure across the United States. In recent developments, Invesco expanded its BulletShares suite through the launch of additional target-maturity ETFs and strategic enhancements to index methodologies amid rising interest in municipal bond ladders, while the firm completed key acquisitions and partnerships in its broader asset management operations to bolster fixed-income capabilities as of 2024-2025.