Invesco BulletShares (R) 2028 Municipal Bond ETF (BSMS)
- Expense ratio0.18%
- Net assets$350.7M
- Dividend yield2.76%
- 1-year return+1.70%
- Holdings9
BSMS ETF price chart
BSMS quote & trading statistics
BSMS performance
Annual returns & drawdowns →- YTD+0.68%
- 1 year+1.70%
- 3 years+3.92%/yr
- 5 years+0.20%/yr
- 10 years0.00%/yr
- 1Y volatility
- 2.51%
- 3Y volatility
- 3.49%
- 3Y Sharpe ratio
- -0.33
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
BSMS top 9 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NEW YORK N Y 5% | 2.01% | |
| 2 | CALIFORNIA ST 5% | 1.28% | |
| 3 | ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% | 1.28% | |
| 4 | NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | 1.28% | |
| 5 | NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% | 1.25% | |
| 6 | TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY REV 5% | 1.23% | |
| 7 | MASSACHUSETTS ST 5% | 1.17% | |
| 8 | UNIVERSITY COLO ENTERPRISE SYS REV 4% | 1.15% | |
| 9 | CONNECTICUT ST 4% | 1.14% |
The top 9 holdings make up 11.8% of the fund (9 holdings in total). As of October 25, 2026.
BSMS bond portfolio
Rate scenarios & peers →- Yield to maturity
- 3.70%
- Effective duration
- 3.05 yrs
- Average maturity
- 7.1 yrs
- Average coupon
- 4.99%
A one-percentage-point rise in interest rates would lower the price by about 3.0%.
About Invesco BulletShares (R) 2028 Municipal Bond ETF
The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. The underlying index seeks to measure the performance of a portfolio of U.S. dollar-denominated investment-grade municipal bonds with maturities or, in some cases, "effective maturities," in the year 2028 (collectively, "2028 Bonds").
BSMS ETF FAQ
What is the BSMS expense ratio?
Invesco BulletShares (R) 2028 Municipal Bond ETF has a net expense ratio of 0.18%, or $18.00 a year for every $10,000 invested.
How much money is in BSMS?
Invesco BulletShares (R) 2028 Municipal Bond ETF has about $350.7M in net assets.
What are the top holdings of BSMS?
The largest positions in BSMS are NEW YORK N Y 5% (2.01%), CALIFORNIA ST 5% (1.28%), ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% (1.28%). The fund holds 9 securities in total.
How has BSMS performed?
BSMS returned +1.70% over the past year and +0.20% a year over the past five years, including reinvested distributions.
Does BSMS pay dividends?
BSMS has a dividend yield of 2.76%.
When was BSMS launched?
Invesco BulletShares (R) 2028 Municipal Bond ETF began trading on September 25, 2019.