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BSMQ
+0.01 · +0.05%
$23.63 · NASDAQ

Invesco BulletShares (R) 2026 Municipal Bond ETF (BSMQ) ETF Analysis | Muni Target Maturity

Invesco · USA
AUM:$304.2M
#– of – in Muni Target Maturity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

BSMQ returned +3.6% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.18% — competitive for the exposure provided.

What is BSMQ?

The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. The underlying index seeks to measure the performance of a portfolio of U.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
BSMQ returned 3.6% over the past year.
Competitive Expense Ratio
Expense ratio of 0.18% — reasonable for the index exposure provided.
Broadly Diversified
Top 10 holdings represent just 12.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$304.2M
Expense Ratio0.18%
Dividend Yield2.77%
Holdings10
Inception DateSept 2019
Domicile–
Distribution–
Index–
ProviderInvesco
Beta0.38
CategoryMuni Target Maturity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-0.2%
1Y
+1.5%
3Y
+8.2%
5Y
+0.5%
OpenBook InsightIf you had invested £10,000 in BSMQ 5 years ago, it would have grown to £10,048 — a gain of £48.

Annual Returns

Calendar year performance

BSMQ delivered positive returns in 4 of the last 5 calendar years.
YearBSMQ
2026 YTD+0.3%
2025+2.8%
2024+2.1%
2023+3.4%
2022-7.6%
CAGR 4yr+0.1%
4/5 positive yearsAvg return: +0.2%Worst year: -7.6% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
0%
Negative
Volatility
1.2%
Low
Momentum
0.0%
30-day change
Support Level
23.49
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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