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Invesco BulletShares (R) 2026 Municipal Bond ETF (BSMQ)

Muni Target Maturity | Exchange Traded Fund | NasdaqGM
23.53 USD +0.01 (0.043%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 23.53 -0.01 (-0.008%) ⇩ (Aug. 28, 2026, 4:10 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 6:02 a.m. EDT

This municipal bond ETF offers a stable, inflation-beating yield of 2.75%, supported by a consistent monthly distribution history that has grown steadily since 2022. However, the investment case is weighed down by a significant structural decline; despite a recent minor recovery in 2024, the asset has lost over 8% of its value over the last five years, with the most recent annual period showing a slight contraction. While the yield is attractive for income-focused investors, the persistent downward pressure on the share price suggests the market remains skeptical about the underlying bond portfolio's performance relative to interest rate environments. For the short term, the asset is essentially flat, trading within a tight range with no clear directional catalyst to spark a rally, making it a neutral hold rather than a momentum play.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.001553
AutoETS0.001554
MSTL0.001595
AutoTheta0.001897

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 86%
H-stat 1.57
Ljung-Box p 0.000
Jarque-Bera p 0.632
Excess Kurtosis -0.13

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.23% 2.75% 2.75% 2.37%
Dividend History
Date Dividend Yield %
2026-08-24 0.055 0.233993
2026-07-20 0.057 0.242295
2026-06-22 0.054 0.229348
2026-05-18 0.053 0.225292
2026-04-20 0.055 0.233199
2026-03-23 0.057 0.241771
2026-02-23 0.055 0.232982
2026-01-20 0.054 0.228426
2025-12-22 0.052 0.220339
2025-11-24 0.051 0.216010
2025-10-20 0.052 0.220432
2025-09-22 0.053 0.224291
2025-08-18 0.056 0.238146
2025-07-21 0.058 0.246756
2025-06-23 0.056 0.238197
2025-05-19 0.057 0.242863
2025-04-21 0.053 0.228055
2025-03-24 0.053 0.224652
2025-02-24 0.053 0.223723
2025-01-21 0.055 0.233249
2024-12-23 0.054 0.229008
2024-11-18 0.056 0.237188
2024-10-21 0.055 0.233150
2024-09-23 0.054 0.227656
2024-08-19 0.057 0.241525
2024-07-22 0.058 0.246379
2024-06-24 0.055 0.234043
2024-05-20 0.054 0.230375
2024-04-22 0.054 0.230277
2024-03-18 0.053 0.224339
2024-02-20 0.049 0.207311
2024-01-22 0.052 0.220106
2023-12-18 0.052 0.219595
2023-11-20 0.049 0.209805
2023-10-23 0.049 0.214348
2023-09-18 0.048 0.206053
2023-08-21 0.050 0.214721
2023-07-24 0.050 0.212359
2023-06-20 0.048 0.204299
2023-05-22 0.050 0.214225
2023-04-24 0.048 0.203089
2023-03-20 0.049 0.207583
2023-02-21 0.045 0.192184
2023-01-23 0.050 0.209161
2022-12-19 0.052 0.220292
2022-11-21 0.044 0.188308
2022-10-24 0.039 0.170948
2022-09-19 0.036 0.154242
2022-08-22 0.033 0.139123
2022-07-18 0.030 0.125534
2022-06-21 0.027 0.115335
2022-05-23 0.026 0.111087
2022-04-18 0.023 0.096194
2022-03-21 0.024 0.097720
2022-02-22 0.021 0.084185
2022-01-24 0.023 0.090444
2021-12-20 0.022 0.085057
2021-11-22 0.023 0.089130
2021-10-18 0.024 0.093005
2021-09-20 0.024 0.092254
2021-08-23 0.024 0.092060
2021-07-19 0.024 0.091813
2021-06-21 0.024 0.092343
2021-05-24 0.027 0.104207
2021-04-19 0.026 0.100251
2021-03-22 0.027 0.105058
2021-02-22 0.024 0.092969
2021-01-19 0.026 0.100425
2020-12-21 0.020 0.077384
2020-11-23 0.030 0.116686
2020-10-19 0.033 0.129819
2020-09-21 0.032 0.125367
2020-08-24 0.035 0.136639
2020-07-20 0.037 0.145412
2020-06-22 0.036 0.142744
2020-05-18 0.037 0.150621
2020-04-20 0.036 0.145513
2020-03-23 0.037 0.164116
2020-02-24 0.035 0.136293
2020-01-21 0.038 0.150198
2019-12-23 0.036 0.144173
2019-11-18 0.036 0.144462
2019-10-21 0.038 0.151757
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.75

Info Dump

Attribute Value
All Time High 26.19
All Time Low 22.545
Ask 23.69
Ask Size 1
Average Daily Volume10 Day 32,930
Average Daily Volume3 Month 52,019
Average Volume 52,019
Average Volume10Days 32,930
Beta3 Year 0.35
Bid 23.42
Bid Size 1
Category Muni Target Maturity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.54
Day Low 23.52
Dividend Yield 2.75
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.54718
Fifty Day Average Change -0.01717949
Fifty Day Average Change Percent -0.0007295773
Fifty Two Week Change Percent -0.063705444
Fifty Two Week High 23.75
Fifty Two Week High Change -0.21999931
Fifty Two Week High Change Percent -0.009263129
Fifty Two Week Low 23.46
Fifty Two Week Low Change 0.0700016
Fifty Two Week Low Change Percent 0.0029838707
Fifty Two Week Range 23.46 - 23.75
First Trade Date Milliseconds 1,569,504,600,000
Five Year Average Return 0.0031506
Full Exchange Name NasdaqGM
Fullday Change 0.0100002
Fullday Change Percent 0.042518
Fullday Price 23.53
Fund Family Invesco
Fund Inception Date 1,569,369,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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 2026 (collectively, “2026 Bonds”).
Long Name Invesco BulletShares (R) 2026 Municipal Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_632211370
Nav Price 23.55
Net Assets 270,844,896.0
Net Expense Ratio 0.18
Open 23.52
Phone (800) 983-0903
Post Market Change -0.0084991455
Post Market Change Percent -0.03610742
Post Market Price 23.53
Post Market Time 1,787,947,804
Previous Close 23.52
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.010000229
Regular Market Change Percent 0.04251798
Regular Market Day High 23.54
Regular Market Day Low 23.52
Regular Market Day Range 23.52 - 23.54
Regular Market Open 23.52
Regular Market Previous Close 23.52
Regular Market Price 23.53
Regular Market Time 1,787,947,200
Regular Market Volume 13,965
Short Name Invesco BulletShares 2026 Munic
Source Interval 15
Symbol BSMQ
Three Year Average Return 0.030745398
Total Assets 270,844,896
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.56825
Trailing Three Month Returns 0.56825
Triggerable 1
Two Hundred Day Average 23.59986
Two Hundred Day Average Change -0.06985855
Two Hundred Day Average Change Percent -0.0029601257
Type Disp ETF
Volume 13,965
Yield 0.0275
Ytd Return 1.42472