ATLASInvesco BulletShares 2030 Municipal Bond ETF (BSMU): outlook, holdings and fees
Invesco BulletShares 2030 Municipal Bond ETF (BSMU) is an exchange-traded fund and is managed by Invesco. The expense ratio is 0.17% and the yield is 2.83%. The ten largest holdings are 27% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on BSMU
| Last price | $21.44 (+0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 67% |
| Likely 1-month range (50%) | $21.37 – $21.75 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 2.83% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
BSMU fund facts
| Issuer | Invesco |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $276M |
| Expense ratio | 0.17% |
| Number of holdings | 10 |
| Portfolio turnover | 11% |
| Inception | Sep 16, 2020 |
| Exchange | NASDAQ |
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.S. dollar-denominated investment-grade municipal bonds with maturities or, in some cases, "effective maturities," in the year 2030 (collectively, "2030 Bonds"). It does not purchase all of the securities in the index; instead, the fund utilizes a sampling methodology to seek to achieve its investment objective.
BSMU top holdings
| Holding | Sector | Weight |
|---|---|---|
| WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5% | – | 3.61% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% | – | 3.27% |
| NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | – | 3.23% |
| NEW YORK ST URBAN DEV CORP REV 4% | – | 3.23% |
| PORT HOUSTON AUTH TEX HARRIS CNTY 4% | – | 2.61% |
| LOS ANGELES CALIF UNI SCH DIST 5% | – | 2.34% |
| OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 5% | – | 2.37% |
| MASSACHUSETTS ST 3% | – | 2.22% |
| PRINCE GEORGES CNTY MD 5% | – | 2.33% |
| TEXAS WATER DEV BRD 5% | – | 2.12% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
BSMU returns and risk
| Year to date | -2.9% |
|---|---|
| 1 year | -1.9% |
| 3 years (annualised) | +3.2% |
| 5 years (annualised) | -1.2% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 5.5% |
| Sharpe ratio (3 years) | -0.28 |
Past returns do not guarantee future results.
BSMU: frequently asked questions
What does BSMU invest in?
Invesco BulletShares 2030 Municipal Bond ETF invests in a portfolio of securities. Its largest holdings are WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5% (3.6%), NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% (3.3%), NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% (3.2%), NEW YORK ST URBAN DEV CORP REV 4% (3.2%), PORT HOUSTON AUTH TEX HARRIS CNTY 4% (2.6%).
What is the BSMU expense ratio?
0.17% a year: about $17.00 for every $10,000 invested.
What is the BSMU dividend yield?
2.83%. ATLAS does not hold the exact distribution dates for ETFs.
Will BSMU go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 67%, with a likely range (50%) of $21.37 to $21.75 from $21.44 today. It is a probability, not a prediction.
How has BSMU performed?
Year to date -2.9%, one year -1.9%, three years +3.2% a year, five years -1.2% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer