BSMU Profile
Invesco BulletShares 2030 Municipal Bond ETF is designed to offer investors focused exposure to a portfolio of U.S. dollar-denominated municipal bonds that are rated investment-grade. The fund generally invests at least 80% of its total assets in the securities comprising its underlying index, which targets bonds with maturities or effective maturities set for the year 2030. This strategic focus on 2030 Bonds allows the fund to align its investments with a specific future date, providing a targeted approach to municipal bond investing.
The underlying index used by the fund aims to capture the performance of municipal bonds with a maturity year of 2030. These bonds are issued by state and local governments and are exempt from federal income taxes, making them attractive to investors seeking tax-advantaged income. The index excludes certain securities, and the fund does not purchase all of the bonds within the index but rather uses a representative sample to seek to match the performance of the index.
The ETFs investment strategy focuses on bonds that offer the benefits of municipal bond investments, including tax-exempt interest income, combined with a clear investment horizon. By targeting bonds maturing in 2030, the fund provides a structured approach to fixed-income investing, allowing investors to plan for future cash flows and manage interest rate risk effectively.
Invesco BulletShares 2030 Municipal Bond ETF caters to investors who seek predictable income and potential tax advantages from municipal bonds, with the added benefit of a specific maturity target. The funds approach provides exposure to a diversified portfolio of investment-grade municipal securities, offering a strategic blend of safety, tax efficiency, and maturity-focused investment goals. Its non-diversified nature reflects a concentrated focus on bonds maturing in 2030, aiming to deliver a tailored fixed-income investment experience.
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