BSSX Profile
The Invesco BulletShares 2033 Municipal Bond ETF is designed to offer investors exposure to a portfolio of U.S. dollar-denominated municipal bonds, specifically those with maturities or effective maturities in the year 2033. The ETF aims to track the performance of an underlying index that includes investment-grade municipal bonds, providing a fixed income solution with a focus on high credit quality and tax-exempt income. This fund targets a defined maturity date, aligning with investors who seek a predictable investment horizon and stable income stream.
The fund commits to investing at least 80% of its total assets in securities that are part of its underlying index. This index is constructed to measure the performance of investment-grade municipal bonds maturing in 2033, ensuring that the ETF maintains a portfolio of high-quality, tax-exempt debt instruments issued by U.S. municipalities. The emphasis on investment-grade bonds helps to mitigate credit risk while providing the benefit of income that is typically exempt from federal income tax.
The investment strategy of the Invesco BulletShares 2033 Municipal Bond ETF involves selecting municipal bonds that meet high credit standards, focusing on issuers with strong credit ratings. The funds management team aims to provide investors with a steady income stream through bonds that offer low credit risk and favorable tax treatment. As a non-diversified fund, it concentrates its investments in a specific segment of the municipal bond market, which can impact its sensitivity to changes in interest rates and issuer-specific events.
Investors in the Invesco BulletShares 2033 Municipal Bond ETF benefit from a fixed income investment that aligns with a target maturity date in 2033. The ETF is designed for those who seek to match their investment goals with a specific future date while enjoying the advantages of tax-exempt municipal bond income. The funds approach provides a predictable investment outcome, combining high credit quality with a defined investment horizon, suitable for individuals looking to align their fixed income investments with long-term financial objectives.
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