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Upturn AI SWOT - About
Invesco BulletShares 2034 Municipal Bond ETF (BSMY)
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Upturn Advisory Summary
04/01/2025: BSMY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental 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 -1.18% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 10101 | Beta - | 52 Weeks Range 23.86 - 24.98 | Updated Date 04/1/2025 |
52 Weeks Range 23.86 - 24.98 | Updated Date 04/1/2025 |
Upturn AI SWOT
Invesco BulletShares 2034 Municipal Bond ETF
ETF Overview
Overview
The Invesco BulletShares 2034 Municipal Bond ETF (BSDX) is designed to provide targeted exposure to the U.S. municipal bond market with a defined maturity date. The ETF aims to offer a stream of income and return of principal as bonds mature over time, focusing on tax-exempt income.
Reputation and Reliability
Invesco is a well-established and reputable global investment management firm with a long history of offering a wide range of ETF products.
Management Expertise
Invesco has a team of experienced fixed-income professionals managing its BulletShares ETFs, providing expertise in bond selection and portfolio management.
Investment Objective
Goal
The primary investment goal is to seek to provide investment results that correspond to the price and yield performance of the S&P AMT-Free Municipal Series 2034 Index.
Investment Approach and Strategy
Strategy: The ETF tracks a specific target maturity municipal bond index.
Composition The ETF holds a portfolio of U.S. municipal bonds with maturity dates primarily in the year 2034.
Market Position
Market Share: BSDX holds a relatively smaller market share compared to broader municipal bond ETFs.
Total Net Assets (AUM): 41.42
Competitors
Key Competitors
- iShares iBonds Dec 2034 Term Muni ETF (IBML)
Competitive Landscape
The competitive landscape consists of similar target maturity municipal bond ETFs. BSDX offers a defined maturity strategy, which can be attractive to investors seeking predictable cash flows and a return of principal at a specific future date. Compared to competitors, Invesco may have a different composition or expense ratio.
Financial Performance
Historical Performance: Past performance does not guarantee future results. Reviewing BSDX's historical performance, including annual returns and yield, provides insight into its track record.
Benchmark Comparison: Comparing BSDX's performance to the S&P AMT-Free Municipal Series 2034 Index helps assess how effectively the ETF tracks its intended benchmark.
Expense Ratio: 0.24
Liquidity
Average Trading Volume
BSDX's average trading volume can vary, but it is generally moderate, implying sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting reasonable trading costs for the ETF.
Market Dynamics
Market Environment Factors
Interest rate movements, credit spreads, and the overall health of the municipal bond market significantly affect BSDX. Changes in tax laws can also impact municipal bond valuations.
Growth Trajectory
BSDX's growth trajectory is tied to the demand for target maturity municipal bond ETFs and the performance of the underlying municipal bonds. There are no significant changes in strategy reported.
Moat and Competitive Advantages
Competitive Edge
BSDX's competitive advantage lies in its defined maturity strategy, which offers a predictable income stream and return of principal at maturity. This can appeal to investors with specific financial goals or those seeking to ladder bond portfolios. Invesco's established reputation and expertise in fixed-income investing further enhance its competitive position. Investors choose BSDX for its defined maturity and tax-exempt income.
Risk Analysis
Volatility
BSDX's volatility is generally moderate, reflecting the relatively stable nature of municipal bonds.
Market Risk
Market risk includes interest rate risk (bond prices decline when interest rates rise) and credit risk (risk of default or downgrade of municipal bonds).
Investor Profile
Ideal Investor Profile
The ideal investor for BSDX is someone seeking tax-exempt income and a defined maturity date for their bond investments. This ETF may be suitable for individuals planning for retirement or other long-term financial goals.
Market Risk
BSDX is best suited for long-term investors seeking a predictable income stream and return of principal at a specific future date. It's not typically suitable for active traders seeking short-term gains.
Summary
Invesco BulletShares 2034 Municipal Bond ETF offers targeted exposure to the municipal bond market with a defined maturity date. It provides tax-exempt income and a return of principal at maturity. BSDX is suitable for long-term investors seeking predictable income and those planning for future financial goals. However, investors should be aware of interest rate and credit risks.
Similar Companies
MUB
iShares National Muni Bond ETF
MUB
iShares National Muni Bond ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- Invesco
- Bloomberg
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should consult with a qualified financial advisor before making any 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 2034 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 2034. The fund is non-diversified.
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