Invesco BulletShares 2026 Municipal Bond ETF
Name
As of 09/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.6%
1 yr return
4.6%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
N/A
Net Assets
$176 M
Holdings in Top 10
8.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BSMQ - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.22%
- Dividend Yield 2.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco BulletShares 2026 Municipal Bond ETF
-
Fund Family NameINVESCOETF
-
Inception DateSep 25, 2019
-
Shares Outstanding1500001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Hubbard
Fund Description
BSMQ - Performance
Return Ranking - Trailing
Period | BSMQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | 0.5% | 12.0% | 96.28% |
1 Yr | 4.6% | -0.4% | 15.6% | 94.68% |
3 Yr | -0.9%* | -8.0% | 3.8% | 93.05% |
5 Yr | N/A* | -6.3% | 6.3% | 17.47% |
10 Yr | N/A* | 1.8% | 5.2% | 23.28% |
* Annualized
Return Ranking - Calendar
Period | BSMQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -9.8% | 12.8% | 92.51% |
2022 | -9.1% | -38.3% | -3.8% | 10.70% |
2021 | -0.1% | -9.1% | 10.3% | 40.54% |
2020 | 3.6% | -13.4% | 12.6% | 88.41% |
2019 | N/A | -1.1% | 13.9% | N/A |
Total Return Ranking - Trailing
Period | BSMQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | 0.5% | 12.0% | 96.28% |
1 Yr | 4.6% | -0.4% | 15.6% | 94.68% |
3 Yr | -0.9%* | -8.0% | 3.8% | 93.05% |
5 Yr | N/A* | -6.3% | 6.3% | N/A |
10 Yr | N/A* | 1.8% | 5.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BSMQ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -9.8% | 15.4% | 94.65% |
2022 | -7.6% | -16.9% | -2.9% | 17.11% |
2021 | 1.0% | -3.8% | 10.3% | 80.00% |
2020 | 5.3% | -13.4% | 16.6% | 90.24% |
2019 | N/A | 4.7% | 25.2% | N/A |
BSMQ - Holdings
Concentration Analysis
BSMQ | Category Low | Category High | BSMQ % Rank | |
---|---|---|---|---|
Net Assets | 176 M | 3.32 M | 36 B | 59.04% |
Number of Holdings | 1234 | 2 | 1431 | 2.13% |
Net Assets in Top 10 | 15.8 M | 2.94 M | 35.5 B | 86.17% |
Weighting of Top 10 | 8.39% | 4.6% | 118.0% | 94.44% |
Top 10 Holdings
- California (State of), Series 2018, GO Bonds 1.10%
- City of New York NY, Series 2017, GO Bonds 1.09%
- Denver City County School District No. 1, Series 2017, GO Bonds 0.85%
- Colorado (State of), Series 2021 A, COP 0.85%
- State of Maryland Department of Transportation, Series 2019, RB 0.82%
- State of Wisconsin, Series 2016, GO Bonds 0.82%
- Massachusetts (Commonwealth of) Development Finance Agency (Dana-Farber Cancer Institute), Series 2016, RB 0.80%
- California State Public Works Board, Series 2022, RB 0.69%
- California (State of), Series 2018, GO Bonds 0.68%
- Minnesota Public Facilities Authority State Revolving Fund, Series 2016, RB 0.68%
Asset Allocation
Weighting | Return Low | Return High | BSMQ % Rank | |
---|---|---|---|---|
Bonds | 97.46% | 0.00% | 109.30% | 15.43% |
Cash | 2.54% | -24.70% | 66.29% | 44.68% |
Stocks | 0.00% | 0.00% | 100.15% | 81.91% |
Preferred Stocks | 0.00% | 0.00% | 11.70% | 50.53% |
Other | 0.00% | 0.00% | 5.62% | 59.57% |
Convertible Bonds | 0.00% | 0.00% | 6.56% | 88.83% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BSMQ % Rank | |
---|---|---|---|---|
Municipal | 98.70% | 0.00% | 99.98% | 3.19% |
Derivative | 0.00% | 0.00% | 0.17% | 57.98% |
Cash & Equivalents | 0.00% | 0.00% | 80.50% | 84.04% |
Securitized | 0.00% | 0.00% | 81.91% | 86.70% |
Corporate | 0.00% | 0.00% | 99.84% | 92.02% |
Government | 0.00% | 0.00% | 99.79% | 89.89% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BSMQ % Rank | |
---|---|---|---|---|
US | 97.46% | 0.00% | 109.30% | 15.43% |
Non US | 0.00% | 0.00% | 4.29% | 54.26% |
BSMQ - Expenses
Operational Fees
BSMQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.18% | 0.05% | 13.37% | 75.94% |
Management Fee | 0.18% | 0.00% | 0.79% | 55.11% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.29% | N/A |
Sales Fees
BSMQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BSMQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BSMQ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 121.26% | 4.20% |
BSMQ - Distributions
Dividend Yield Analysis
BSMQ | Category Low | Category High | BSMQ % Rank | |
---|---|---|---|---|
Dividend Yield | 2.89% | 0.00% | 9.37% | 69.15% |
Dividend Distribution Analysis
BSMQ | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
BSMQ | Category Low | Category High | BSMQ % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.22% | -0.06% | 5.71% | 75.00% |
Capital Gain Distribution Analysis
BSMQ | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 19, 2024 | $0.057 | OrdinaryDividend |
Jul 22, 2024 | $0.058 | OrdinaryDividend |
Jun 24, 2024 | $0.055 | OrdinaryDividend |
Apr 22, 2024 | $0.054 | OrdinaryDividend |
Mar 18, 2024 | $0.053 | OrdinaryDividend |
Feb 20, 2024 | $0.049 | OrdinaryDividend |
Jan 22, 2024 | $0.052 | OrdinaryDividend |
Dec 18, 2023 | $0.052 | OrdinaryDividend |
Nov 20, 2023 | $0.049 | OrdinaryDividend |
Oct 23, 2023 | $0.049 | OrdinaryDividend |
Sep 18, 2023 | $0.048 | OrdinaryDividend |
Aug 21, 2023 | $0.050 | OrdinaryDividend |
Jul 24, 2023 | $0.050 | OrdinaryDividend |
Jun 20, 2023 | $0.048 | OrdinaryDividend |
May 22, 2023 | $0.050 | OrdinaryDividend |
Apr 24, 2023 | $0.048 | OrdinaryDividend |
Mar 20, 2023 | $0.049 | OrdinaryDividend |
Feb 21, 2023 | $0.045 | OrdinaryDividend |
Jan 23, 2023 | $0.050 | OrdinaryDividend |
Dec 19, 2022 | $0.052 | OrdinaryDividend |
Nov 21, 2022 | $0.044 | OrdinaryDividend |
Oct 24, 2022 | $0.039 | OrdinaryDividend |
Sep 19, 2022 | $0.036 | OrdinaryDividend |
Aug 22, 2022 | $0.033 | OrdinaryDividend |
Jul 18, 2022 | $0.030 | OrdinaryDividend |
Jun 21, 2022 | $0.027 | OrdinaryDividend |
May 23, 2022 | $0.026 | OrdinaryDividend |
Apr 18, 2022 | $0.023 | OrdinaryDividend |
Mar 21, 2022 | $0.024 | OrdinaryDividend |
Feb 22, 2022 | $0.021 | OrdinaryDividend |
Jan 24, 2022 | $0.023 | OrdinaryDividend |
Dec 20, 2021 | $0.022 | OrdinaryDividend |
Nov 22, 2021 | $0.023 | OrdinaryDividend |
Oct 18, 2021 | $0.024 | OrdinaryDividend |
Sep 20, 2021 | $0.024 | OrdinaryDividend |
Aug 23, 2021 | $0.024 | OrdinaryDividend |
Jul 19, 2021 | $0.024 | OrdinaryDividend |
Jun 21, 2021 | $0.024 | OrdinaryDividend |
May 24, 2021 | $0.027 | OrdinaryDividend |
Apr 19, 2021 | $0.026 | OrdinaryDividend |
Mar 22, 2021 | $0.027 | OrdinaryDividend |
Feb 22, 2021 | $0.024 | OrdinaryDividend |
Jan 19, 2021 | $0.026 | OrdinaryDividend |
Dec 21, 2020 | $0.020 | OrdinaryDividend |
Nov 23, 2020 | $0.030 | OrdinaryDividend |
Oct 19, 2020 | $0.033 | OrdinaryDividend |
Sep 21, 2020 | $0.032 | OrdinaryDividend |
Aug 24, 2020 | $0.035 | OrdinaryDividend |
Jul 20, 2020 | $0.037 | OrdinaryDividend |
Jun 22, 2020 | $0.036 | OrdinaryDividend |
May 18, 2020 | $0.037 | OrdinaryDividend |
Apr 20, 2020 | $0.036 | OrdinaryDividend |
Mar 23, 2020 | $0.037 | OrdinaryDividend |
Feb 24, 2020 | $0.035 | OrdinaryDividend |
Jan 21, 2020 | $0.038 | OrdinaryDividend |
Dec 23, 2019 | $0.036 | OrdinaryDividend |
Nov 18, 2019 | $0.036 | OrdinaryDividend |
Oct 21, 2019 | $0.038 | OrdinaryDividend |
BSMQ - Fund Manager Analysis
Managers
Peter Hubbard
Start Date
Tenure
Tenure Rank
Sep 25, 2019
2.68
2.7%
Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.
Philip Fang
Start Date
Tenure
Tenure Rank
Sep 25, 2019
2.68
2.7%
Philip Fang is Portfolio Manager of Invesco Capital Management LLC, has been responsible for certain Funds in the Trust since July 2010 and has been associated with Invesco Capital Management since 2007.
Jeremy Neisewander
Start Date
Tenure
Tenure Rank
Sep 25, 2019
2.68
2.7%
Jeremy Neisewander, Portfolio Manager of Invesco Capital Management LLC. Prior to that, Mr. Neisewander is a Portfolio Manager and Vice President of Guggenheim Investments and joined Guggenheim Investments in May 2014. Mr. Neisewander is a member of the ETF Portfolio Management team. Prior to joining Guggenheim Investments, Mr. Neisewander held Analyst and Portfolio Management roles within the multi-asset team at UBS Global Asset Management from 2005 to 2014. Prior to his time at UBS, Mr. Neisewander focused on the development and implementation of asset allocation models while a Senior Analyst at Ibbotson Associates. Mr. Neisewander holds an MBA and B.S. degree in Finance from the Roosevelt University.
Greg Meisenger
Start Date
Tenure
Tenure Rank
Sep 25, 2019
2.68
2.7%
Greg Meisenger, Portfolio Manager of Invesco Capital Management LLC. Mr. Meisenger has been associated with Invesco since March 2018. Prior to joining Invesco, Mr. Meisenger was a Senior Fixed Income Trader/Portfolio Manager with Columbia Threadneedle Investments since 2014. Prior to joining Columbia Threadneedle Investments, Mr. Meisenger was a Senior Fixed Income Trader with Thrivent Financial from 2004 to 2014.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 6.49 | 3.75 |