Key stats
About Invesco BulletShares 2033 Municipal Bond ETF
Expense ratio
0.18%
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Inception date
Sep 20, 2023
As part of Invescos AMT-Free Muni Term ETF suite, BSSX behaves more like a bond than a typical bond fund. The fund provides bullet maturity in this case 2033, instead of perpetual exposure to a maturity pocket of the muni space. As the fund ages, its maturity, duration, and YTM will continue to decline. On its target date, BSSX will unwind and return all capital to investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, BSSX can be used as a building block for a tax-exempted bond ladder.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.42%
Cash0.58%
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