Invesco BulletShares (R) 2027 Municipal Bond ETF (BSMR)Muni Target Maturity | Exchange Traded Fund | NasdaqGM
23.63 USD
|
Hot Take ↕ | July 11, 2026, 5:21 a.m. EDT
The 2027 municipal bond ETF presents as a static, low-volatility holding rather than a dynamic investment opportunity. Over the past five years, the price has drifted downward by roughly 6.4%, reflecting the natural duration decay of a fixed-income instrument as it approaches maturity, rather than a deterioration in the issuer's creditworthiness. The recent price action confirms this stagnation, trading within a razor-thin range between $23.44 and $23.85, with no meaningful momentum to suggest a near-term breakout. While the monthly distribution strategy provides steady cash flow, the yield of approximately 2.7% is modest and likely insufficient to outpace inflation significantly given the stable but flat nature of the underlying assets. For investors seeking capital appreciation or significant yield enhancement, this security offers neither; it serves primarily as a parking spot for cash until the 2027 maturity date. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.002584 |
| AutoARIMA | 0.004089 |
| AutoETS | 0.004485 |
| MSTL | 0.004597 |
| MSTL_126 | 0.007032 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 85% |
| H-stat | 0.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.089 |
| Excess Kurtosis | 0.71 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.23% | 2.71% | 2.76% | 2.31% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-22 | 0.055 | 0.232509 |
| 2026-05-18 | 0.055 | 0.233645 |
| 2026-04-20 | 0.051 | 0.215508 |
| 2026-03-23 | 0.052 | 0.219873 |
| 2026-02-23 | 0.052 | 0.218726 |
| 2026-01-20 | 0.053 | 0.223629 |
| 2025-12-22 | 0.052 | 0.220339 |
| 2025-11-24 | 0.052 | 0.220003 |
| 2025-10-20 | 0.052 | 0.219687 |
| 2025-09-22 | 0.053 | 0.223440 |
| 2025-08-18 | 0.054 | 0.229202 |
| 2025-07-21 | 0.060 | 0.255646 |
| 2025-06-23 | 0.057 | 0.243642 |
| 2025-05-19 | 0.058 | 0.248980 |
| 2025-04-21 | 0.056 | 0.242529 |
| 2025-03-24 | 0.054 | 0.229397 |
| 2025-02-24 | 0.053 | 0.223723 |
| 2025-01-21 | 0.055 | 0.233051 |
| 2024-12-23 | 0.053 | 0.225053 |
| 2024-11-18 | 0.056 | 0.236387 |
| 2024-10-21 | 0.056 | 0.236477 |
| 2024-09-23 | 0.055 | 0.231921 |
| 2024-08-19 | 0.059 | 0.250000 |
| 2024-07-22 | 0.054 | 0.228911 |
| 2024-06-24 | 0.053 | 0.225340 |
| 2024-05-20 | 0.056 | 0.238704 |
| 2024-04-22 | 0.056 | 0.238349 |
| 2024-03-18 | 0.054 | 0.227704 |
| 2024-02-20 | 0.052 | 0.219132 |
| 2024-01-22 | 0.051 | 0.215390 |
| 2023-12-18 | 0.056 | 0.235443 |
| 2023-11-20 | 0.054 | 0.231561 |
| 2023-10-23 | 0.054 | 0.237571 |
| 2023-09-18 | 0.051 | 0.219355 |
| 2023-08-21 | 0.054 | 0.231561 |
| 2023-07-24 | 0.054 | 0.228475 |
| 2023-06-20 | 0.053 | 0.224386 |
| 2023-05-22 | 0.055 | 0.234692 |
| 2023-04-24 | 0.054 | 0.227608 |
| 2023-03-20 | 0.056 | 0.236636 |
| 2023-02-21 | 0.051 | 0.217114 |
| 2023-01-23 | 0.056 | 0.233674 |
| 2022-12-19 | 0.024 | 0.101691 |
| 2022-11-21 | 0.043 | 0.184867 |
| 2022-10-24 | 0.036 | 0.159046 |
| 2022-09-19 | 0.032 | 0.137221 |
| 2022-08-22 | 0.030 | 0.126316 |
| 2022-07-18 | 0.029 | 0.121314 |
| 2022-06-21 | 0.025 | 0.107043 |
| 2022-05-23 | 0.023 | 0.098607 |
| 2022-04-18 | 0.022 | 0.092495 |
| 2022-03-21 | 0.023 | 0.094185 |
| 2022-02-22 | 0.020 | 0.080273 |
| 2022-01-24 | 0.022 | 0.086734 |
| 2021-12-20 | 0.022 | 0.085205 |
| 2021-11-22 | 0.021 | 0.081332 |
| 2021-10-18 | 0.022 | 0.085586 |
| 2021-09-20 | 0.021 | 0.081034 |
| 2021-08-23 | 0.022 | 0.084713 |
| 2021-07-19 | 0.022 | 0.084259 |
| 2021-06-21 | 0.021 | 0.081050 |
| 2021-05-24 | 0.022 | 0.085304 |
| 2021-04-19 | 0.022 | 0.085371 |
| 2021-03-22 | 0.022 | 0.086478 |
| 2021-02-22 | 0.020 | 0.077912 |
| 2021-01-19 | 0.022 | 0.085337 |
| 2020-12-21 | 0.023 | 0.089407 |
| 2020-11-23 | 0.023 | 0.089984 |
| 2020-10-19 | 0.024 | 0.095522 |
| 2020-09-21 | 0.023 | 0.090623 |
| 2020-08-24 | 0.034 | 0.133386 |
| 2020-07-20 | 0.037 | 0.146072 |
| 2020-06-22 | 0.036 | 0.143971 |
| 2020-05-18 | 0.037 | 0.152201 |
| 2020-04-20 | 0.036 | 0.147029 |
| 2020-03-23 | 0.037 | 0.165474 |
| 2020-02-24 | 0.035 | 0.136266 |
| 2020-01-21 | 0.037 | 0.146575 |
| 2019-12-23 | 0.036 | 0.144346 |
| 2019-11-18 | 0.036 | 0.144928 |
| 2019-10-21 | 0.039 | 0.155440 |
| Attribute | Value |
|---|---|
| All Time High | 26.15 |
| All Time Low | 22.36 |
| Ask | 23.73 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 47,590 |
| Average Daily Volume3 Month | 58,227 |
| Average Volume | 58,227 |
| Average Volume10Days | 47,590 |
| Beta3 Year | 0.52 |
| Bid | 23.58 |
| Bid Size | 1 |
| Category | Muni Target Maturity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 23.63 |
| Day Low | 23.6101 |
| Dividend Yield | 2.72 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.6202 |
| Fifty Day Average Change | 0.0048007965 |
| Fifty Day Average Change Percent | 0.00020324963 |
| Fifty Two Week Change Percent | 0.27588606 |
| Fifty Two Week High | 23.85 |
| Fifty Two Week High Change | -0.22500038 |
| Fifty Two Week High Change Percent | -0.009433978 |
| Fifty Two Week Low | 23.44 |
| Fifty Two Week Low Change | 0.18499947 |
| Fifty Two Week Low Change Percent | 0.007892469 |
| Fifty Two Week Range | 23.44 - 23.85 |
| First Trade Date Milliseconds | 1,569,504,600,000 |
| Five Year Average Return | 0.0035833002 |
| Full Exchange Name | NasdaqGM |
| 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 2027 (collectively, “2027 Bonds”). |
| Long Name | Invesco BulletShares (R) 2027 Municipal Bond ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_632211379 |
| Nav Price | 23.62 |
| Net Assets | 344,681,472.0 |
| Net Expense Ratio | 0.18 |
| Open | 23.63 |
| Phone | (800) 983-0903 |
| Previous Close | 23.625 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 23.63 |
| Regular Market Day Low | 23.6101 |
| Regular Market Day Range | 23.6101 - 23.63 |
| Regular Market Open | 23.63 |
| Regular Market Previous Close | 23.625 |
| Regular Market Price | 23.625 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 64,059 |
| Short Name | Invesco BulletShares 2027 Munic |
| Source Interval | 15 |
| Symbol | BSMR |
| Three Year Average Return | 0.0273663 |
| Total Assets | 344,681,472 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.85552 |
| Trailing Three Month Returns | 0.85552 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.672436 |
| Two Hundred Day Average Change | -0.04743576 |
| Two Hundred Day Average Change Percent | -0.0020038395 |
| Type Disp | ETF |
| Volume | 64,059 |
| Yield | 0.0272 |
| Ytd Return | 1.31431 |