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Upturn AI SWOT - About
Invesco BulletShares 2032 Municipal Bond ETF (BSMW)
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Upturn Advisory Summary
08/14/2025: BSMW (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 1.92% | Avg. Invested days 30 | 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 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 22.70 - 25.84 | Updated Date 06/30/2025 |
52 Weeks Range 22.70 - 25.84 | Updated Date 06/30/2025 |
Upturn AI SWOT
Invesco BulletShares 2032 Municipal Bond ETF
ETF Overview
Overview
The Invesco BulletShares 2032 Municipal Bond ETF (BSCW) is a target maturity ETF that invests in a portfolio of municipal bonds with the aim of providing a consistent stream of income and returning the original investment at the target maturity date (2032). It focuses on the municipal bond sector and employs a laddered approach, holding bonds that mature in or close to the target year.
Reputation and Reliability
Invesco is a well-established and reputable global investment management firm with a long track record of managing ETFs and other investment products.
Management Expertise
Invesco has a team of experienced fixed income professionals managing the ETF, possessing expertise in municipal bond markets.
Investment Objective
Goal
To provide investment results that generally correspond to the price and yield of the Bloomberg Municipal Bond 2032 Index.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the Bloomberg Municipal Bond 2032 Index by investing in municipal bonds that mature in or around 2032.
Composition The ETF primarily holds municipal bonds, which are debt securities issued by state and local governments. It does not hold stocks or commodities.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 75250000
Competitors
Key Competitors
- iShares iBonds Dec 2032 Term Muni Bd ETF (IBML)
Competitive Landscape
The target maturity municipal bond ETF market is moderately competitive. BSCW and IBML compete directly by offering similar maturity dates. BSCW differentiates itself through Invesco's brand recognition and management style, while IBML benefits from BlackRock's extensive distribution network.
Financial Performance
Historical Performance: Historical performance data needs to be dynamically pulled using an API to remain accurate.
Benchmark Comparison: Benchmark comparison data needs to be dynamically pulled using an API to remain accurate.
Expense Ratio: 0.24
Liquidity
Average Trading Volume
BSCW's average trading volume indicates moderate liquidity, making it reasonably easy to buy or sell shares.
Bid-Ask Spread
The bid-ask spread is typically narrow, reflecting the ETF's adequate liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Interest rate fluctuations, changes in tax laws affecting municipal bonds, and the overall health of state and local government finances influence BSCW's performance.
Growth Trajectory
The growth trajectory is tied to the demand for target maturity municipal bond ETFs and the overall health of the municipal bond market; strategy and holdings adjustments are made to maintain the target maturity date.
Moat and Competitive Advantages
Competitive Edge
BSCW's advantage lies in its target maturity structure, offering investors a defined maturity date. It provides a predictable stream of income tied to the municipal bond market. Invesco's established reputation and resources support the ETF's management. This ETF offers a unique vehicle for investors looking for a laddered municipal bond strategy without the complexities of individual bond selection.
Risk Analysis
Volatility
BSCW's volatility is relatively low, characteristic of investment-grade municipal bonds.
Market Risk
The primary risks include interest rate risk (rising rates can decrease bond values), credit risk (risk of default by municipal issuers), and liquidity risk (limited trading during periods of market stress).
Investor Profile
Ideal Investor Profile
The ideal investor is a conservative, income-seeking individual planning for a specific future expense or liability in or around 2032, and seeking tax-exempt income.
Market Risk
BSCW is suitable for long-term investors and passive index followers seeking predictable income and a defined maturity date.
Summary
The Invesco BulletShares 2032 Municipal Bond ETF (BSCW) offers a straightforward investment in a portfolio of municipal bonds maturing around 2032. It is managed by a reputable firm, Invesco, and aims to replicate the performance of the Bloomberg Municipal Bond 2032 Index. This ETF is suitable for long-term, income-seeking investors looking for tax-exempt income and a predictable maturity date. However, investors should be mindful of interest rate risk and potential credit risk associated with municipal bonds.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- Bloomberg
- ETF.com
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and the advice of a qualified financial advisor. Market data is subject to change.
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 2032 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 2032 (collectively, "2032 Bonds"). The fund is non-diversified.
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