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Invesco BulletShares 2031 Municipal Bond ETF (BSMV)

Muni Target Maturity | Exchange Traded Fund | NasdaqGM
20.97 USD +0.02 (0.119%) ⇧ (July 14, 2026, 11:11 a.m. EDT)

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

The municipal bond market is currently in a defensive posture, reflected in the modest 2.9% yield which offers income but lacks the aggressive growth potential of equities. While the recent price action shows tight consolidation around the $21 mark, the underlying asset class faces headwinds from potential interest rate volatility and credit spreads widening in the broader economy. The monthly distribution schedule provides steady cash flow, yet the payout ratio remains moderate rather than robust, suggesting the yield is sustainable but not excessive. For investors seeking capital appreciation, the outlook appears muted given the sector's sensitivity to macroeconomic shifts, making this a suitable holding for income preservation rather than wealth creation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.002673
AutoARIMA0.004191
MSTL0.004866
AutoETS0.005106
MSTL_1180.009846
MSTL_91_1180.013085
MSTL_910.014066

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 64%
H-stat 2.69
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.69

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.25% 2.89% 2.96%
Dividend History
Date Dividend Yield %
2026-06-22 0.053 0.252585
2026-05-18 0.053 0.254380
2026-04-20 0.051 0.242223
2026-03-23 0.051 0.243495
2026-02-23 0.049 0.229122
2026-01-20 0.047 0.221729
2025-12-22 0.050 0.236798
2025-11-24 0.051 0.241649
2025-10-20 0.050 0.236407
2025-09-22 0.051 0.241935
2025-08-18 0.046 0.222330
2025-07-21 0.055 0.267380
2025-06-23 0.055 0.267705
2025-05-19 0.056 0.273504
2025-04-21 0.053 0.263158
2025-03-24 0.052 0.250000
2025-02-24 0.050 0.237869
2025-01-21 0.050 0.239923
2024-12-23 0.050 0.239177
2024-11-18 0.054 0.256532
2024-10-21 0.054 0.255985
2024-09-23 0.053 0.249002
2024-08-19 0.056 0.264525
2024-07-22 0.057 0.270411
2024-06-24 0.056 0.265655
2024-05-20 0.056 0.266540
2024-04-22 0.055 0.261283
2024-03-18 0.054 0.252927
2024-02-20 0.052 0.242991
2024-01-22 0.053 0.247837
2023-12-18 0.054 0.251397
2023-11-20 0.044 0.212869
2023-10-23 0.048 0.242119
2023-09-18 0.047 0.228933
2023-08-21 0.047 0.227603
2023-07-24 0.047 0.221229
2023-06-20 0.046 0.217803
2023-05-22 0.047 0.224397
2023-04-24 0.046 0.216726
2023-03-20 0.048 0.226736
2023-02-21 0.042 0.201198
2023-01-23 0.044 0.205033
2022-12-19 0.043 0.205447
2022-11-21 0.043 0.209858
2022-10-24 0.088 0.449438
2022-09-19 0.042 0.206561
2022-08-22 0.042 0.200631
2022-07-18 0.044 0.209374
2022-06-21 0.033 0.162866
2022-05-23 0.036 0.174461
2022-04-18 0.035 0.161812
2022-03-21 0.036 0.158520
2022-02-22 0.031 0.130636
2022-01-24 0.030 0.123178
2021-12-20 0.030 0.119808
2021-11-22 0.030 0.121951
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.9

Info Dump

Attribute Value
All Time High 25.13
All Time Low 0.0
Ask 21.06
Ask Size 1
Average Daily Volume10 Day 36,080
Average Daily Volume3 Month 37,998
Average Volume 37,998
Average Volume10Days 36,080
Beta3 Year 1.04
Bid 20.85
Bid Size 1
Category Muni Target Maturity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.97
Day Low 20.944
Dividend Yield 2.9
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.96822
Fifty Day Average Change -0.0032196045
Fifty Day Average Change Percent -0.00015354686
Fifty Two Week Change Percent 1.1841416
Fifty Two Week High 21.53
Fifty Two Week High Change -0.56500053
Fifty Two Week High Change Percent -0.026242476
Fifty Two Week Low 20.48
Fifty Two Week Low Change 0.4850006
Fifty Two Week Low Change Percent 0.02368167
Fifty Two Week Range 20.48 - 21.53
First Trade Date Milliseconds 1,632,231,000,000
Full Exchange Name NasdaqGM
Fund Family Invesco
Fund Inception Date 1,631,664,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,021-09-15
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 2031 (collectively, “2031 Bonds”).
Long Name Invesco BulletShares 2031 Municipal Bond ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1674688544
Nav Price 20.92
Net Assets 188,686,112.0
Net Expense Ratio 0.18
Open 20.944
Phone (800) 983-0903
Previous Close 20.94
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.024999619
Regular Market Change Percent 0.119386904
Regular Market Day High 20.97
Regular Market Day Low 20.944
Regular Market Day Range 20.944 - 20.97
Regular Market Open 20.944
Regular Market Previous Close 20.94
Regular Market Price 20.965
Regular Market Time 1,784,041,875
Regular Market Volume 3,058
Short Name Invesco BulletShares 2031 Munic
Source Interval 15
Symbol BSMV
Three Year Average Return 0.025589399
Total Assets 188,686,112
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.43222
Trailing Three Month Returns 1.43222
Triggerable 1
Two Hundred Day Average 21.10288
Two Hundred Day Average Change -0.13788033
Two Hundred Day Average Change Percent -0.0065337205
Type Disp ETF
Volume 3,058
Yield 0.029000001
Ytd Return 0.97979