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Invesco BulletShares 2030 Municipal Bond ETF (BSMU)

Muni Target Maturity | Exchange Traded Fund | NasdaqGM
21.91 USD +0.01 (0.069%) ⇧ (July 14, 2026, 10:01 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 2:39 a.m. EDT

The most critical observation is the severe structural deterioration of the underlying asset class. Over the last four years, the price has fallen nearly 17%, driven by a brutal 14.6% drop in 2022 followed by stagnation and further declines. This multi-year trajectory confirms that the market views municipal bonds as a liability in the current environment, making a long-term hold unattractive despite the low price. While the dividend yield appears healthy at roughly 2.8%, the payout history reveals a dangerous trend: distributions have been aggressively cut from roughly $0.38 annually in 2022 to around $0.60 in 2026, yet the share count or price adjustments suggest the yield is propped up by a collapsing asset base rather than robust cash generation. For a short-term trade, the statistical forecast models predict a slight downward drift over the next 45 days, aligning with the technical reality that the price is trading below its 50-day and 200-day averages. There is no momentum here to support a bullish entry; the instrument is simply tracking the broader decline in municipal bond valuations.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.003247
AutoARIMA0.005351
MSTL0.006435
AutoETS0.006498
MSTL_1260.009115

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 69%
H-stat 0.41
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.49

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.24% 2.80% 2.86% 2.55%
Dividend History
Date Dividend Yield %
2026-06-22 0.053 0.242286
2026-05-18 0.053 0.243086
2026-04-20 0.051 0.232188
2026-03-23 0.051 0.232994
2026-02-23 0.049 0.220334
2026-01-20 0.049 0.221770
2025-12-22 0.049 0.222778
2025-11-24 0.049 0.222879
2025-10-20 0.050 0.227118
2025-09-22 0.050 0.227273
2025-08-18 0.053 0.244747
2025-07-21 0.056 0.261011
2025-06-23 0.055 0.256530
2025-05-19 0.055 0.257370
2025-04-21 0.053 0.251841
2025-03-24 0.052 0.240196
2025-02-24 0.051 0.232399
2025-01-21 0.051 0.234807
2024-12-23 0.052 0.238971
2024-11-18 0.054 0.246688
2024-10-21 0.055 0.250627
2024-09-23 0.052 0.234340
2024-08-19 0.051 0.232272
2024-07-22 0.056 0.255708
2024-06-24 0.054 0.246801
2024-05-20 0.055 0.251947
2024-04-22 0.054 0.247253
2024-03-18 0.053 0.238954
2024-02-20 0.050 0.225225
2024-01-22 0.050 0.225632
2023-12-18 0.055 0.246548
2023-11-20 0.053 0.246569
2023-10-23 0.048 0.231884
2023-09-18 0.049 0.229079
2023-08-21 0.050 0.232450
2023-07-24 0.051 0.231083
2023-06-20 0.047 0.214211
2023-05-22 0.048 0.220517
2023-04-24 0.049 0.221820
2023-03-20 0.051 0.232029
2023-02-21 0.046 0.211884
2023-01-23 0.050 0.224215
2022-12-19 0.040 0.183613
2022-11-21 0.047 0.219801
2022-10-24 0.048 0.234146
2022-09-19 0.045 0.211665
2022-08-22 0.040 0.181645
2022-07-18 0.038 0.171790
2022-06-21 0.036 0.169133
2022-05-23 0.038 0.176498
2022-04-18 0.034 0.151549
2022-03-21 0.035 0.149190
2022-02-22 0.031 0.127232
2022-01-24 0.034 0.135946
2021-12-20 0.033 0.128780
2021-11-22 0.031 0.121807
2021-10-18 0.032 0.126683
2021-09-20 0.031 0.120787
2021-08-23 0.032 0.124315
2021-07-19 0.032 0.122911
2021-06-21 0.031 0.120412
2021-05-24 0.038 0.148874
2021-04-19 0.038 0.149342
2021-03-22 0.038 0.151970
2021-02-22 0.037 0.146448
2021-01-19 0.035 0.136852
2020-12-21 0.038 0.148467
2020-11-23 0.032 0.125811
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.79

Info Dump

Attribute Value
All Time High 26.07
All Time Low 20.45
Ask 21.98
Ask Size 1
Average Daily Volume10 Day 41,800
Average Daily Volume3 Month 48,229
Average Volume 48,229
Average Volume10Days 41,800
Beta3 Year 0.93
Bid 21.79
Bid Size 1
Category Muni Target Maturity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 21.91
Day Low 21.9
Dividend Yield 2.79
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.8845
Fifty Day Average Change 0.025499344
Fifty Day Average Change Percent 0.0011651783
Fifty Two Week Change Percent 1.4361858
Fifty Two Week High 22.31
Fifty Two Week High Change -0.39999962
Fifty Two Week High Change Percent -0.017929163
Fifty Two Week Low 21.41
Fifty Two Week Low Change 0.5
Fifty Two Week Low Change Percent 0.023353573
Fifty Two Week Range 21.41 - 22.31
First Trade Date Milliseconds 1,602,509,400,000
Five Year Average Return -0.0083648
Full Exchange Name NasdaqGM
Fund Family Invesco
Fund Inception Date 1,600,214,400
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 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.
Long Name Invesco BulletShares 2030 Municipal Bond ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_634646239
Nav Price 21.85
Net Assets 264,674,240.0
Net Expense Ratio 0.18
Open 21.91
Phone (800) 983-0903
Previous Close 21.895
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.01499939
Regular Market Change Percent 0.068506
Regular Market Day High 21.91
Regular Market Day Low 21.9
Regular Market Day Range 21.9 - 21.91
Regular Market Open 21.91
Regular Market Previous Close 21.895
Regular Market Price 21.91
Regular Market Time 1,784,037,680
Regular Market Volume 3,372
Short Name Invesco BulletShares 2030 Munic
Source Interval 15
Symbol BSMU
Three Year Average Return 0.026714101
Total Assets 264,674,240
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.23005
Trailing Three Month Returns 1.23005
Triggerable 1
Two Hundred Day Average 22.00014
Two Hundred Day Average Change -0.09013939
Two Hundred Day Average Change Percent -0.004097219
Type Disp ETF
Volume 3,372
Yield 0.0279
Ytd Return 1.02978