Invesco BulletShares 2032 Municipal Bond ETFBSMW

InvescoBonds & CashMunicipal#458 of 785 by YTD

$24.38

0.0% last session

−0.2% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026BSMWS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	0.0%	+3.3%	−0.9%	−0.2%	+0.1%	+14.1%	—	+10.0%
Peer average	0.0%	+2.9%	−0.9%	+0.3%	+0.6%	+14.6%	+2.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $241M
Expense ratio: 0.18%
Distribution yield: 3.3%
NAV: $24.33
Volume: 135K
Avg. volume 30D: 117K
High today: $24.42
Low today: $24.35
Previous close: $24.37
52-week high: $25.57
52-week low: $23.36
Our risk indicator: 2/5

BSMW in One Breath

BSMW Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.2%$59.3M

#2MYMGSPDR+1.9%$8.6M

#3SMMUPIMCO+1.9%$1.3B

#4MYMFSPDR+1.9%$8.7M

#5IBMOiShares+1.9%$499M

#6FTMSFranklin Templeton+1.9%$265M

#7MMSDNY Life Investments+1.8%$87.1M

#8MUNAFlexShares+1.8%$8.0M

#94BSMWInvesco−0.2%$241M

End-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD

$10,000 in BSMW

$10,000 in BSMW became

$11,002

In the S&P 500 (VOO)

$20,096

Total return, dividends in · Mar 1, 2023 – Nov 3, 2026 · S&P 500 uses VOO

BSMW’s Top Holdings

Today

Alabama Toll RAlabama Toll Road Bridge and Tunnel Authority 5.00% 10/01/20322.0%USD Pending 1.1%New York Cit0.4%Regents of t0.4%New York Cit0.4%CASH & EQUIV0.4%Iowa Finance0.4%University o0.4%University o0.3%Los Angeles 0.3%State of New0.3%City of New 0.3%Triborough B0.3%State of Cal0.2%New York Cit0.2%Illinois Fin0.2%Texas Depart0.2%Triborough B0.2%New York Sta0.2%State of Mar0.2%New York Sta0.2%State of Cal0.2%

Invesco BSMW · 2,020 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What BSMW Holds

Today

All holdings100.0%

Alabama To 2.0 · USD Pendin 1.1 · New York C · Regents of · New York C · CASH & EQU · Iowa Finan

Invesco BSMW · share of the fund · as of Nov 3, 2026

Alabama’s Share of BSMW

Today

2.0%

$20 of every $1,000 in BSMW is Alabama

Alabama held by BSMW

$4.9M

Invesco BSMW · each square = $10 of $1,000 · as of Nov 3, 2026

BSMW’s Share of Municipal ETFs

Today

0.1%

of the $244B in 166 Municipal ETFs

BSMW$241M0.1%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$140B57.2%

Municipal ETF AUM · Nov 4, 2026

BSMW 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

BSMW$0.18

JMUB$0.18

CGMU$0.27

Expense ratio · Municipal peers · Nov 4, 2026

Inside BSMW

2,020 holdings · as of Nov 3, 2026

BSMW

Invesco BulletShares 2032 Municipal Bond ETF

Today

All holdings100.0%2,011 more holdings94.1% of the fund

All holdings100.0%2,014 more holdings95.1% of the fund

#	Ticker	Company	Weight ▼
1	—	Alabama Toll Road Bridge and Tunnel Authority 5.00% 10/01/2032	2.02%
2	—	Pending Dividends	1.14%
3	—	New York City Transitional Finance Authority Future Tax Secured Revenue 5.00% 02/01/2047	0.44%
4	—	Regents of the University of California Medical Center Pooled Revenue 5.00% 05/15/2047	0.44%
5	—	New York City Municipal Water Finance Authority 5.25% 06/15/2052	0.43%
6	—	Cash & Equivalents	0.38%
7	—	Iowa Finance Authority 5.00% 12/01/2050	0.36%
8	—	University of California 5.00% 05/15/2032	0.36%
9	—	University of California 5.00% 05/15/2052	0.33%
10	—	Los Angeles Unified School District/CA 5.00% 07/01/2032	0.28%

Invesco BSMW · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 8.7%

How It Compares

BSMW

Invesco BulletShares 2032 Municipal Bond ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	−0.4%	+0.1%	$54.5B
VTEB	VanguardRead Desk	0.03%	−0.3%	+0.1%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.4%	+2.2%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	0.0%	+0.3%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+0.5%	+1.1%	$7.5B
BSMW	InvescoThis fundRead Desk	0.18%	−0.2%	+0.1%	$241M

Municipal peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put BSMW head to head with MUB →

MUB vs BSMW

YTD

MUBiShares · MunicipalBSMWInvesco · Municipal

Year to date

−0.4%

−0.2%

BSMW wins+0.2 pts

Past year

+0.1%

Level

Fee

0.05%

0.18%

MUB winslower fee

Yield

3.3%

Level

AUM

$54.5B

$241M

MUB226.2× more

1–1level

iShares MUB and Invesco BSMW · year-to-date · as of Nov 4, 2026 · AUM not scored

BSMW vs VOO

YTD

BSMW · Invesco BulletShares 2032 Municipal Bond

−0.2%

VOO · S&P 500

+11.5%

Gap

11.8 pts

Invesco BSMW and Vanguard VOO · YTD total return · as of Nov 4, 2026

BSMW vs Its Peer Average

YTD

BSMWAvsBPeer average

1D0.0%0.0%

1M+3.3%+2.9%

3M−0.9%−0.9%

YTD−0.2%+0.3%

1Y+0.1%+0.6%

3Y+14.1%+14.6%

5Y[…]+2.5%

3–3level

165 Municipal peers · each row scaled to its leader

The Details

BSMW

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.46%

Deepest drop · 1Y−6.8%

Lowest point · 5Y−3.9%

52-week range

$24.38

$23.36−4.7% from the high$25.57

Invesco BSMW · past-year price moves · as of Nov 4, 2026

BSMW

Fund Facts

Today

2023launched Mar 1

Tracks[…]

Exchange · CUSIPNASDAQ · 46139W833

StructureETF

Leverage1x

Cost on $10,000$18 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Invesco BSMW · fund facts · as of Nov 4, 2026

BSMW

Payouts by Year

$0.0685per share, Oct 2026

Distribution yield3.3%

PaidEvery month

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

12 payouts added up$0.81 a share

Invesco BSMW · distributions by ex-date · 2023–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.

Trading & Liquidity

Net asset value$24.33

Premium / discount[…]

Median spread · 30D[…]

Volume today135K

Average volume · 30D117K

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	$0.0685
Sep 21, 2026	Sep 25, 2026	$0.0672
Aug 24, 2026	Aug 28, 2026	$0.0735
Jul 20, 2026	Jul 24, 2026	$0.0729
Jun 22, 2026	Jun 26, 2026	$0.0697
May 18, 2026	May 22, 2026	$0.0620
Apr 20, 2026	Apr 24, 2026	$0.0684
Mar 23, 2026	Mar 27, 2026	$0.0670
Feb 23, 2026	Feb 27, 2026	$0.0658
Jan 20, 2026	Jan 23, 2026	$0.0659
Dec 22, 2025	Dec 26, 2025	$0.0633
Nov 24, 2025	Nov 28, 2025	$0.0659

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