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Invesco BulletShares 2029 Municipal Bond ETF (BSMT)

ETF · Currency in USD · Last updated Jun 28, 2022

BSMT is a passive ETF by Invesco tracking the investment results of the Invesco BulletShares Municipal Bond 2029 Index. BSMT launched on Sep 25, 2019 and has a 0.18% expense ratio.

ETF Info

IssuerInvesco
Inception DateSep 25, 2019
RegionNorth America (U.S.)
CategoryMunicipal Bonds
Expense Ratio0.18%
Index TrackedInvesco BulletShares Municipal Bond 2029 Index
Asset ClassBond

Trading Data

Previous Close$22.72
Year Range$22.29 - $26.16
EMA (50)$23.09
EMA (200)$24.38
Average Volume$7.22K

BSMTShare Price Chart


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BSMTPerformance

The chart shows the growth of $10,000 invested in Invesco BulletShares 2029 Municipal Bond ETF on Sep 26, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,459 for a total return of roughly -5.41%. All prices are adjusted for splits and dividends.


BSMT (Invesco BulletShares 2029 Municipal Bond ETF)
Benchmark (^GSPC)

BSMTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-2.93%-6.21%
YTD-12.50%-18.17%
6M-12.53%-17.47%
1Y-11.76%-8.89%
5Y-2.00%10.21%
10Y-2.00%10.21%

BSMTMonthly Returns Heatmap


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BSMTSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco BulletShares 2029 Municipal Bond ETF Sharpe ratio is -2.42. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


BSMT (Invesco BulletShares 2029 Municipal Bond ETF)
Benchmark (^GSPC)

BSMTDividend History

Invesco BulletShares 2029 Municipal Bond ETF granted a 1.51% dividend yield in the last twelve months. The annual payout for that period amounted to $0.34 per share.


PeriodTTM202120202019
Dividend$0.34$0.34$0.48$0.12

Dividend yield

1.51%1.32%1.86%0.50%

BSMTDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


BSMT (Invesco BulletShares 2029 Municipal Bond ETF)
Benchmark (^GSPC)

BSMTWorst Drawdowns

The table below shows the maximum drawdowns of the Invesco BulletShares 2029 Municipal Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco BulletShares 2029 Municipal Bond ETF is 15.10%, recorded on Mar 23, 2020. It took 85 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.1%Feb 28, 202017Mar 23, 202085Jul 23, 2020102
-14.78%Jul 20, 2021211May 18, 2022
-3.42%Feb 16, 20219Feb 26, 202171Jun 9, 202180
-2.88%Aug 12, 202051Oct 22, 202032Dec 8, 202083
-2.14%Oct 11, 201921Nov 8, 201941Jan 9, 202062
-0.72%Jun 14, 202110Jun 25, 20216Jul 6, 202116
-0.53%Jan 8, 20215Jan 14, 20217Jan 26, 202112
-0.52%Sep 27, 20191Sep 27, 20198Oct 9, 20199
-0.47%Feb 3, 20204Feb 6, 20207Feb 18, 202011
-0.25%Aug 3, 20201Aug 3, 20201Aug 4, 20202

BSMTVolatility Chart

Current Invesco BulletShares 2029 Municipal Bond ETF volatility is 3.44%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


BSMT (Invesco BulletShares 2029 Municipal Bond ETF)
Benchmark (^GSPC)

Portfolios with Invesco BulletShares 2029 Municipal Bond ETF


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