InvescoBonds & CashMunicipal#375 of 786 by YTD

Invesco BulletShares 2029 Municipal Bond ETFBSMT

1D 1M 3M YTD 1Y 3Y 5Y MAX

S&P 500 Bucket avg Compare

$22.84+0.2%

+$0.05 · Nov 6 close

Buy

AUM: $310M
Fee: 0.18%
Yield: 2.8%

Bumpy · 1Y: 0.2×S&P
Volume: 382K
NAV: $22.82

What's insideAll 2,035 →

USD Pending Dividends 1.2%Triborough Bridge & Tunnel Authority 5.00% 02/01/2029 0.5%Harris County Cultural Education Facilities Finance Corp 5.00% 12/01/2029 0.5%Triborough Bridge & Tunnel Authority 5.00% 03/15/2029 0.5%

52-week range2% below the high

$22.03$23.41

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.2%	+2.7%	−0.1%	+1.0%	+1.9%	+13.1%	0.0%	+6.7%
Peer average	+0.2%	+4.2%	−0.2%	+1.1%	+1.5%	+15.2%	+3.0%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

BSMT in One Breath

BSMT Among Municipal ETFs

YTD

#1MMMANY Life Investments+3.5%$60.0M

#2TAXTFlexShares+2.7%$198M

#3MYMGSPDR+2.4%$8.6M

#4INMUiShares+2.4%$814M

#5SMMUPIMCO+2.3%$1.3B

#6SHYMiShares+2.3%$931M

#7TMNLT. Rowe Price+2.2%$24.7M

#8MMSDNY Life Investments+2.2%$88.0M

#84BSMTInvesco+1.0%$310M

End-of-day Nov 8, 2026 · 141 Municipal ETFs by YTD

$10,000 in BSMT

$10,000 in BSMT became

$9,996

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

BSMT’s Top Holdings

Today

USD Pending DiPending Dividends1.2%Triborough B0.5%Harris Count0.5%Triborough B0.5%University o0.5%State of New0.4%New York Cit0.4%Pennsylvania0.4%Hillsborough0.4%State of Cal0.3%Ohio Water D0.3%State of Cal0.3%Illinois Sta0.3%Colorado Hea0.3%Los Angeles 0.3%California I0.3%New Jersey T0.3%State of Cal0.3%City of New 0.3%Private Coll0.3%Chicago O'Ha0.3%Lancaster Co0.2%

Invesco BSMT · 2,033 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026

What BSMT Holds

Today

All holdings100.0%

USD Pendin 1.2 · Triborough · Harris Cou · Triborough · University · State of N · New York C

Invesco BSMT · share of the fund · as of Nov 6, 2026

Pending’s Share of BSMT

Today

1.2%

$12 of every $1,000 in BSMT is Pending

Pending held by BSMT

$3.7M

Invesco BSMT · each square = $10 of $1,000 · as of Nov 6, 2026

BSMT’s Share of Municipal ETFs

Today

0.1%

of the $247B in 166 Municipal ETFs

BSMT$310M0.1%

MUB$55.0B22.3%

VTEB$49.6B20.1%

163 others$142B57.4%

Municipal ETF AUM · Nov 8, 2026

BSMT Fee per $100 vs Peers

Today

$0.18a year
per $100

$18 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

BSMT$0.18

JMUB$0.18

CGMU$0.27

Expense ratio · Municipal peers · Nov 8, 2026

Inside BSMT

2,033 holdings · as of Nov 6, 2026

BSMT

Invesco BulletShares 2029 Municipal Bond ETF

Today

All holdings100.0%2,021 more holdings94.3% of the fund

All holdings100.0%2,027 more holdings96.5% of the fund

#	Ticker	Company	Weight ▼
1	—	Pending Dividends	1.20%
2	—	Triborough Bridge & Tunnel Authority 5.00% 02/01/2029	0.52%
3	—	Harris County Cultural Education Facilities Finance 5.00% 12/01/2029	0.46%
4	—	Triborough Bridge & Tunnel Authority 5.00% 03/15/2029	0.46%
5	—	University of California 5.00% 05/15/2029	0.45%
6	—	State of New Jersey 5.00% 06/01/2029	0.45%
7	—	New York City Municipal Water Finance Authority 5.00% 06/15/2040	0.43%
8	—	Pennsylvania Turnpike Commission 5.00% 12/01/2044	0.40%
9	—	Hillsborough County Industrial Development Authority 5.00% 11/15/2029	0.40%
10	—	State of California 5.00% 10/01/2029	0.33%

See all 2,035 holdings ↓

Invesco BSMT · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 7.9%

All BSMT Holdings

2,035 holdings · as of Nov 6, 2026

BSMT

BSMT’s Holdings

Today

#
1	—Pending Dividends	1.20%	$120.44	0	$3.7M
2	—Triborough Bridge & Tunnel Authority 5.00% 02/01/2029	0.52%	$51.66	1.5M	$1.6M
3	—Harris County Cultural Education Facilities Finance 5.00% 12/01/2029	0.46%	$46.43	1.4M	$1.4M
4	—Triborough Bridge & Tunnel Authority 5.00% 03/15/2029	0.46%	$46.11	1.4M	$1.4M
5	—State of New Jersey 5.00% 06/01/2029	0.45%	$44.83	1.3M	$1.4M
6	—Hillsborough County Industrial Development Authority 5.00% 11/15/2029	0.40%	$39.54	1.2M	$1.2M
7	—Ohio Water Development Authority 5.00% 06/01/2029	0.31%	$31.20	920K	$967K
8	—Illinois State Toll Highway Authority 5.00% 01/01/2044	0.29%	$29.48	905K	$914K
9	—Colorado Health Facilities Authority 5.00% 12/01/2029	0.29%	$29.31	870K	$909K
10	—Los Angeles Unified School District/CA 5.00% 07/01/2029	0.29%	$28.62	840K	$887K
11	—California Infrastructure & Economic Development Bank 3.25% 08/01/2029	0.29%	$28.61	890K	$887K
12	—New Jersey Turnpike Authority 5.00% 01/01/2048	0.27%	$27.44	845K	$851K
13	—New York City Municipal Water Finance Authority 5.00% 06/15/2040	0.27%	$27.15	830K	$841K
14	—Chicago O'Hare International Airport 5.00% 01/01/2048	0.25%	$25.12	785K	$779K
15	—University of California 5.00% 05/15/2029	0.25%	$25.07	735K	$777K

Invesco BSMT · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

BSMT

Invesco BulletShares 2029 Municipal Bond ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.5%	+0.9%	$55.0B
VTEB	VanguardRead Desk	0.03%	+0.7%	+1.3%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.5%	$13.4B
JMUB	J.P. MorganRead Desk	0.18%	+0.9%	+1.4%	$9.2B
CGMU	Capital GroupRead Desk	0.27%	+1.3%	+2.0%	$7.6B
BSMT	InvescoThis fundRead Desk	0.18%	+1.0%	+1.9%	$310M

Municipal peers · YTD and past-year returns · as of Nov 8, 2026 · sorted by AUM

Head to Head

Put BSMT head to head with MUB →

MUB vs BSMT

YTD

MUBiShares · MunicipalBSMTInvesco · Municipal

Year to date

+0.5%

+1.0%

BSMT wins+0.5 pts

Past year

+0.9%

+1.9%

BSMT wins+0.9 pts

Fee

0.05%

0.18%

MUB winslower fee

Yield

3.3%

2.8%

MUB wins+0.5 pts

AUM

$55.0B

$310M

MUB177.4× more

2–2level

iShares MUB and Invesco BSMT · year-to-date · as of Nov 8, 2026 · AUM not scored

BSMT vs VOO

YTD

BSMT · Invesco BulletShares 2029 Municipal Bond

+1.0%

VOO · S&P 500

+8.7%

Gap

7.8 pts

Invesco BSMT and Vanguard VOO · YTD total return · as of Nov 8, 2026

BSMT vs Its Peer Average

YTD

BSMTAvsBPeer average

1D+0.2%+0.2%

1M+2.7%+4.2%

3M−0.1%−0.2%

YTD+1.0%+1.1%

1Y+1.9%+1.5%

3Y+13.1%+15.2%

5Y0.0%+3.0%

2–5Peer average wins

165 Municipal peers · each row scaled to its leader

How Bumpy Is BSMT?

View

BSMT

How Bumpy

0.2×the S&P 500’s swings

CalmerBumpierS&P 1×BSMT

Calm rank among 7 municipal funds#2

Other municipal funds0.1× to 0.3×

Invesco BSMT · daily swings over the past year vs the S&P 500

BSMT

Worst Drop

−3.9%from its Feb 26 high

Still below the high−0.5%

$10,000 at the high is now$9,950

Invesco BSMT · fall from the highest close, past year

BSMT

On a Bad Day

0.1×the S&P 500’s fall

BSMT’s worst day: Thursday, Sep 10

BSMT

−0.8%

S&P 500

−0.6%

Up days45 of every 100

S&P 500 up days52 of every 100

Invesco BSMT · average move on days the S&P 500 fell

BSMT

Return for the Bumps

1Y#5 of 7 municipal funds

#1CGMUCapital Group

closest to cash

#2VTEBVanguard

#3MUBiShares

#4JMUBJ.P. Morgan

#5BSMTInvesco

#6CMFiShares

#7SUBiShares

Every fund here earned less than cash (3.8%) over the past year; the bars still rank them by return for the bumps.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

BSMT

Cost

Today

$18a year per $10,000

VTEB

MUB

SUB

CMF

JMUB

$18

BSMT

$18

CGMU

$27

Expense ratio 0.18%, taken from the fund’s value

BSMT

Volatility & Beta

2.5%annual volatility

S&P 500 volatility13.6%

Downside volatility1.8%

Beta vs SPY0.04

Correlation vs SPY0.21

Beta rank, lowest first, of 7#2

Daily total returns × √252 · past 254 trading days

BSMT

Max Drawdown

−3.9%peak to trough

Peak closeFeb 26, 2026

Current drawdown−0.5%

Worst day−0.75% · Sep 10

Closing prices, dividends in

BSMT

Up / Down Capture

5%down capture vs SPY

Down days

Up days

S&P 500

100%

Up ÷ down capture1.31

Up days45.3% (S&P 52.0%)

Average daily move on SPY up days and down days

BSMT

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
CGMU	−0.62	−0.84	3.0%	−5.6%	0.05	$27
VTEB	−0.69	−0.95	3.6%	−6.6%	0.07	$3
MUB	−0.71	−0.98	3.7%	−6.3%	0.08	$5
JMUB	−0.71	−0.97	3.4%	−5.9%	0.06	$18
BSMT	−0.74	−1.06	2.5%	−3.9%	0.04	$18
CMF	−0.76	−1.02	3.6%	−6.5%	0.08	$8
SUB	−0.95	−1.40	1.4%	−1.9%	0.02	$7

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

BSMT

Trading

Today

+0.09%above its holdings’ value

Close$22.84

NAV$22.82

Fee per $10,000$18 a year

Avg. volume 30D136K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

BSMT

Fund Facts

Today

2019launched Sep 25

Tracks[…]

Exchange · CUSIPNASDAQ · 46138J478

StructureETF

Leverage1x

Cost on $10,000$18 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Invesco BSMT · fund facts · as of Nov 8, 2026

BSMT

Payouts by Year

$0.0553per share, Oct 2026

Distribution yield2.8%

PaidEvery month

Latest ex-date · paidOct 19 · Oct 23, 2026

12 payouts added up$0.63 a share

Invesco BSMT · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$22.82

Premium / discount[…]

Median spread · 30D[…]

Volume today382K

Average volume · 30D136K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.18%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$18.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 19, 2026	Oct 23, 2026	$0.0553
Sep 21, 2026	Sep 25, 2026	$0.0519
Aug 24, 2026	Aug 28, 2026	$0.0552
Jul 20, 2026	Jul 24, 2026	$0.0541
Jun 22, 2026	Jun 26, 2026	$0.0534
May 18, 2026	May 22, 2026	$0.0545
Apr 20, 2026	Apr 24, 2026	$0.0528
Mar 23, 2026	Mar 27, 2026	$0.0518
Feb 23, 2026	Feb 27, 2026	$0.0500
Jan 20, 2026	Jan 23, 2026	$0.0508
Dec 22, 2025	Dec 26, 2025	$0.0497
Nov 24, 2025	Nov 28, 2025	$0.0508

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