BSMO Performance — Invesco BulletShares 2024 Municipal Bond ETF
Data updated: 2025-01-29
BSMO returned +3.05% over one year to Nov 2024. Annualised returns are +0.84% over 3 years and +1.40% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $103, against $103 for the category, and to $103 over one year, against $104. Volatility over the past three years was 2.43% a year. In the 12 months to Nov 2024 the fund lost a net $64.7M, and assets reached $151.86M.
BSMO Growth of $100
What $100 invested in Invesco BulletShares 2024 Municipal Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | BSMO | Category average |
|---|---|---|
| 1 year (Dec 2023 – Nov 2024) | $103 | $104 |
| 3 years (Dec 2021 – Nov 2024) | $103 | $103 |
| 5 years (Dec 2019 – Nov 2024) | $107 | $106 |
| Since data start (Sep 2019 – Nov 2024) | $107 | $106 |
BSMO Trailing Returns
Total returns to Nov 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.05% |
| 3 years (annualised) | +0.84% |
| 5 years (annualised) | +1.40% |
BSMO Annual Returns
Calendar-year total returns of Invesco BulletShares 2024 Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Nov) | +2.63% |
| 2023 | +2.86% |
| 2022 | −2.92% |
| 2021 | +0.62% |
| 2020 | +3.54% |
| 2019 (Sep–Dec) | +0.65% |
BSMO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.2% | +0.2% | +0.1% | +0.2% | +0.3% | +0.4% | +0.3% | +0.2% | +0.3% | +0.2% | +0.2% | — |
| 2023 | +0.9% | −0.8% | +1.0% | −0.2% | 0.0% | +0.5% | +0.1% | +0.1% | −0.3% | +0.1% | +1.2% | +0.4% |
| 2022 | −1.5% | −0.3% | −1.3% | −0.8% | +0.9% | −0.1% | +1.0% | −1.0% | −1.4% | −0.1% | +1.7% | 0.0% |
| 2021 | +0.3% | −0.5% | +0.3% | +0.4% | 0.0% | 0.0% | +0.4% | −0.1% | −0.3% | 0.0% | 0.0% | 0.0% |
| 2020 | +1.3% | +0.7% | −2.7% | −0.9% | +2.7% | +0.6% | +1.1% | −0.1% | +0.1% | −0.1% | +0.5% | +0.4% |
| 2019 | — | — | — | — | — | — | — | — | −0.1% | +0.2% | +0.2% | +0.4% |
BSMO Risk
Risk measures from monthly returns over Dec 2021 – Nov 2024.
- 3-year volatility (annualised): 2.43%
- 3-year Sharpe ratio: -1.51 (vs 4.5% risk-free rate)
- Best month: +1.68% (Nov 2022)
- Worst month: −1.48% (Jan 2022)
BSMO Fund Flows
Monthly money in and out of Invesco BulletShares 2024 Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$64.7M
- 12-month gross sales (incl. reinvestments): $7.5M
- Sales ÷ redemptions: 0.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2024 | $0 | $24.9M | −$24.9M |
| Oct 2024 | $0 | $0 | $0 |
| Sep 2024 | $0 | $12.5M | −$12.5M |
| Aug 2024 | $0 | $2.5M | −$2.5M |
| Jul 2024 | $0 | $7.5M | −$7.5M |
| Jun 2024 | $0 | $2.5M | −$2.5M |
| May 2024 | $0 | $0 | $0 |
| Apr 2024 | $0 | $7.4M | −$7.4M |
| Mar 2024 | $0 | $7.4M | −$7.4M |
| Feb 2024 | $0 | $7.5M | −$7.5M |
| Jan 2024 | $7.5M | $0 | $7.5M |
| Dec 2023 | $0 | $0 | $0 |
BSMO Assets Under Management
Net assets of Invesco BulletShares 2024 Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-11-30 | $151.86M |
| 2024-08-31 | $189.27M |
| 2024-05-31 | $201.03M |
| 2024-02-29 | $216.07M |
| 2023-11-30 | $215.55M |
| 2023-08-31 | $195.09M |
| 2023-05-31 | $192.30M |
| 2023-02-28 | $169.90M |
| 2022-11-30 | $133.42M |
| 2022-08-31 | $94.09M |
| 2022-05-31 | $62.12M |
| 2022-02-28 | $42.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.