BSMP Performance — Invesco BulletShares 2025 Municipal Bond ETF
Data updated: 2026-01-29
BSMP returned +2.56% over one year to Nov 2025. Annualised returns are +2.76% over 3 years and +0.77% over 5 years. The fund trailed its Ultrashort Municipal Bond category average: $100 invested three years ago grew to $109, against $109 for the category, and to $103 over one year, against $103. Volatility over the past three years was 2.10% a year. In the 12 months to Nov 2025 the fund lost a net $51.4M, and assets reached $188.68M.
BSMP Growth of $100
What $100 invested in Invesco BulletShares 2025 Municipal Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Municipal Bond category average over the same months.
| Period | BSMP | Category average |
|---|---|---|
| 1 year (Dec 2024 – Nov 2025) | $103 | $103 |
| 3 years (Dec 2022 – Nov 2025) | $109 | $109 |
| 5 years (Dec 2020 – Nov 2025) | $104 | $107 |
| Since data start (Sep 2019 – Nov 2025) | $109 | $110 |
BSMP Trailing Returns
Total returns to Nov 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.56% |
| 3 years (annualised) | +2.76% |
| 5 years (annualised) | +0.77% |
BSMP Annual Returns
Calendar-year total returns of Invesco BulletShares 2025 Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Nov) | +2.43% |
| 2024 | +2.70% |
| 2023 | +2.95% |
| 2022 | −5.06% |
| 2021 | +0.69% |
| 2020 | +4.72% |
| 2019 (Sep–Dec) | +0.64% |
BSMP 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.3% | +0.3% | +0.1% | +0.1% | +0.3% | +0.3% | +0.2% | +0.2% | +0.3% | +0.2% | +0.1% | — |
| 2024 | +0.1% | +0.1% | 0.0% | 0.0% | +0.1% | +0.6% | +0.5% | +0.5% | +0.3% | 0.0% | +0.4% | +0.1% |
| 2023 | +1.4% | −1.5% | +1.5% | −0.4% | −0.4% | +0.5% | +0.1% | −0.1% | −0.9% | −0.2% | +2.2% | +0.7% |
| 2022 | −2.1% | −0.4% | −1.8% | −1.6% | +1.1% | −0.6% | +1.7% | −1.7% | −2.3% | −0.2% | +2.6% | +0.2% |
| 2021 | +0.3% | −1.0% | +0.4% | +0.6% | +0.1% | +0.1% | +0.6% | −0.1% | −0.5% | −0.1% | +0.2% | +0.1% |
| 2020 | +1.8% | +0.8% | −2.9% | −0.9% | +3.2% | +0.4% | +1.4% | −0.1% | +0.2% | −0.2% | +0.7% | +0.4% |
| 2019 | — | — | — | — | — | — | — | — | −0.1% | +0.2% | +0.2% | +0.4% |
BSMP Risk
Risk measures from monthly returns over Dec 2022 – Nov 2025.
- 3-year volatility (annualised): 2.10%
- 3-year Sharpe ratio: -0.83 (vs 4.5% risk-free rate)
- Best month: +2.16% (Nov 2023)
- Worst month: −1.51% (Feb 2023)
BSMP Fund Flows
Monthly money in and out of Invesco BulletShares 2025 Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$51.4M
- 12-month gross sales (incl. reinvestments): $17.2M
- Sales ÷ redemptions: 0.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2025 | $0 | $22.1M | −$22.1M |
| Oct 2025 | $0 | $4.9M | −$4.9M |
| Sep 2025 | $0 | $4.9M | −$4.9M |
| Aug 2025 | $0 | $7.3M | −$7.3M |
| Jul 2025 | $0 | $9.8M | −$9.8M |
| Jun 2025 | $0 | $0 | $0 |
| May 2025 | $2.4M | $7.3M | −$4.9M |
| Apr 2025 | $0 | $4.9M | −$4.9M |
| Mar 2025 | $6K | $7.3M | −$7.3M |
| Feb 2025 | $2.5M | $0 | $2.5M |
| Jan 2025 | $4.9M | $0 | $4.9M |
| Dec 2024 | $7.4M | $0 | $7.4M |
BSMP Assets Under Management
Net assets of Invesco BulletShares 2025 Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-11-30 | $188.68M |
| 2025-08-31 | $220.62M |
| 2025-05-31 | $237.50M |
| 2025-02-28 | $255.00M |
| 2024-11-30 | $240.13M |
| 2024-08-31 | $227.89M |
| 2024-05-31 | $216.01M |
| 2024-02-29 | $214.71M |
| 2023-11-30 | $196.98M |
| 2023-08-31 | $166.91M |
| 2023-05-31 | $154.89M |
| 2023-02-28 | $137.71M |
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.