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Upturn AI SWOT - About
Invesco BulletShares 2029 Municipal Bond ETF (BSMT)
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Upturn Advisory Summary
10/24/2025: BSMT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 4.44% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.96 | 52 Weeks Range 21.71 - 23.06 | Updated Date 06/30/2025 |
52 Weeks Range 21.71 - 23.06 | Updated Date 06/30/2025 |
Upturn AI SWOT
Invesco BulletShares 2029 Municipal Bond ETF
ETF Overview
Overview
The Invesco BulletShares 2029 Municipal Bond ETF (BSNJ) is designed to provide investors with exposure to a portfolio of municipal bonds that mature in the year 2029. Its primary focus is on providing a predictable income stream and a return of principal upon the target maturity date. The ETF invests primarily in investment-grade municipal bonds.
Reputation and Reliability
Invesco is a well-established and reputable asset management firm with a long track record in the ETF market.
Management Expertise
Invesco has a team of experienced portfolio managers specializing in fixed-income investments.
Investment Objective
Goal
The fund seeks to provide investment results that correspond to the price and yield performance of the Bloomberg Municipal Bond 2029 Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the Bloomberg Municipal Bond 2029 Index, holding bonds that mature in 2029 and following a defined maturity strategy.
Composition The ETF holds a portfolio of municipal bonds, primarily investment-grade, with a maturity date of 2029.
Market Position
Market Share: Data unavailable to provide an accurate market share.
Total Net Assets (AUM): 163800000
Competitors
Key Competitors
- iShares iBonds Dec 2029 Term Muni Bond ETF (IBML)
Competitive Landscape
The municipal bond ETF market is competitive, with iShares offering a similar target maturity ETF. BSNJ's advantage lies in Invesco's established presence in the fixed-income market. A potential disadvantage could be lower trading volume compared to larger iShares ETFs.
Financial Performance
Historical Performance: Historical performance data needs to be sourced from financial data providers.
Benchmark Comparison: Benchmark comparison needs to be sourced from financial data providers.
Expense Ratio: 0.24
Liquidity
Average Trading Volume
The ETF's liquidity is adequate, typically with an average daily trading volume that allows for efficient execution of buy and sell orders.
Bid-Ask Spread
The bid-ask spread is generally tight, reflecting the underlying liquidity of the municipal bond market.
Market Dynamics
Market Environment Factors
Interest rate movements, changes in municipal bond credit quality, and overall economic conditions all influence the ETF's performance.
Growth Trajectory
The growth trajectory depends on investor demand for target maturity municipal bond ETFs and the overall outlook for the municipal bond market.
Moat and Competitive Advantages
Competitive Edge
BSNJ's competitive advantage lies in its defined maturity strategy, providing a predictable return of principal upon the target date. This appeals to investors seeking a specific income stream and maturity horizon. Invesco's experience in fixed-income management also contributes to investor confidence. The BulletShares structure offers a unique risk profile different from traditional bond funds.
Risk Analysis
Volatility
The ETF's volatility is generally lower than equity ETFs due to the fixed-income nature of its holdings.
Market Risk
The ETF is subject to interest rate risk, credit risk (though primarily investment-grade), and market risk affecting municipal bonds.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking a predictable income stream and a return of principal at a specific future date, such as those planning for retirement or other future liabilities.
Market Risk
The ETF is best suited for long-term investors seeking a defined maturity fixed-income investment.
Summary
The Invesco BulletShares 2029 Municipal Bond ETF (BSNJ) offers exposure to a diversified portfolio of municipal bonds maturing in 2029. This ETF aims to provide a predictable income stream and return of principal at maturity, making it suitable for long-term investors. It faces competition from other target maturity municipal bond ETFs. Its performance is influenced by interest rates and credit quality in the municipal bond market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- Bloomberg
- FactSet
Disclaimers:
Data and analysis are for informational purposes only and do not constitute investment advice. Consult with a financial advisor before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco BulletShares 2029 Municipal Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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 2029 (collectively, "2029 Bonds").
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.