BSMR's largest holdings are Illinois (State of), New Jersey (State of), New York (City of), NY Municipal Water Finance Authority, New York (City of), NY Transitional Finance Authority, Clark (County of), NV. The full top list is on this page.

How concentrated is BSMR?

The top 10 holdings are 3.1% of the fund, across 2,492 positions.

The total expense ratio on record is 0.18%. That is cheaper than 65% of the 864 US-listed bond funds we track.

US-listed

BSMR

To track the investment results of the Invesco BulletShares Municipal Bond 2027 Index.

Invesco BulletShares 2027 Municipal Bond ETF

Invesco

2,492 holdings as of 2026-05-31 · top 10 = 3.1% · TER 0.18%

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Concentration

Well diversifiedtop 10 = 3.1%

diversifiedconcentrated

GROWTH · PRICE DEVELOPMENTrebased to 0%

Holdings

2,492

as of 2026-05-31

Top 10

3.1%

TER

0.18%

cheaper than 65% of peers

Net assets

US$342M

Largest

0.5%

P / E

–

Sections

Holdings as of 2026-05-31.

01Overview

the fund's regulatory facts

Fund currency

USD

Volatility 1Y

1.6%

Tracked index

Invesco BulletShares Municipal Bond 2027 Index

How it tracks

Index, sampling

02Performance

market price return · as of 2026-09-02

-0.1%

-0.3%

-0.8%

YTD

-0.4%

+0.1%

03Holdings

50 largest · as of 2026-05-31

#	Company	Identifier	Weight
1	Illinois (State of) US	ILS	0.5
2	New Jersey (State of) US	US646039YL51	0.3
3	New York (City of), NY Municipal Water Finance Authority US	US64972GQE79	0.3
4	New York (City of), NY Transitional Finance Authority US	US64971W4X56	0.3
5	Clark (County of), NV US	US180848SS38	0.3
6	Hudson Yards Infrastructure Corp. US	US44420RBE99	0.3
7	Hudson Yards Infrastructure Corp. US	US44420RBD17	0.3
8	California (State of) Health Facilities Financing Authority (Kaiser Permanente) US	US13032UMR67	0.3
9	Texas (State of) Water Development Board US	US882854B842	0.3
10	Houston (City of), TX US	US44244CNE39	0.2
11	New York (City of), NY Municipal Water Finance Authority US	US64972GRD87	0.2
12	California (State of) US	US13063DB724	0.2
13	New York (State of) Dormitory Authority (New School (The)) US	US64990CJK80	0.2
14	Maryland (State of) Health & Higher Educational Facilities Authority (University of Maryland Medical System) US	US574218V676	0.2
15	ILLINOIS ST US	ILS	0.2
16	Auburn School District No. 408 of King & Pierce Counties US	US494619ER60	0.2
17	Pennsylvania (Commonwealth of) Turnpike Commission US	US709224C987	0.2
18	Anaheim (City of), CA Housing & Public Improvements Authority US	US032556MH24	0.2
19	Minnesota (State of) US	US60412ALH40	0.2
20	New York (City of), NY Transitional Finance Authority US	US64971XZ848	0.2
21	Virginia (Commonwealth of) Public Building Authority US	US928173BT90	0.2
22	California (State of) US	US13063DHL55	0.2
23	California (State of) US	US13063C8T09	0.2
24	Washington Metropolitan Area Transit Authority US	US938782FQ75	0.2
25	Triborough Bridge & Tunnel Authority US	US89602N7L25	0.2
26	North Texas Tollway Authority US	US66285WW857	0.2
27	Illinois (State of) US	US452152G881	0.2
28	New York (City of), NY US	US64966QMB31	0.2
29	University of California US	US91412GX832	0.2
30	Washington Metropolitan Area Transit Authority US	US938782FL88	0.2
31	California (State of) Health Facilities Financing Authority (Children's Hospital Los Angeles) US	US13032UNG93	0.2
32	New York (City of), NY Transitional Finance Authority US	US64971W5B28	0.2
33	New York (City of), NY Municipal Water Finance Authority US	US64972GNL40	0.2
34	California (State of) US	US13063DBR89	0.2
35	NORTH CAROLINA ST LTD OBLIG US	US65829QCW24	0.2
36	Massachusetts (Commonwealth of) US	US57582RMR48	0.2
37	Tampa (City of) & Hillsborough (County of), FL Expressway Authority US	US875301FP31	0.2
38	Illinois (State of) US	US4521524T52	0.2
39	Triborough Bridge & Tunnel Authority US	US89602N7Q12	0.2
40	Central Florida Expressway Authority US	US153476CY00	0.2
41	Connecticut (State of) US	US20772KRS05	0.2
42	North Carolina (State of) US	US65829QCY89	0.2
43	Triborough Bridge & Tunnel Authority (Green Bonds) US	US89602HEV50	0.2
44	New York (City of), NY Transitional Finance Authority US	US64971XAP33	0.2
45	New York (City of), NY Transitional Finance Authority US	US64971XRN02	0.2
46	Pennsylvania (Commonwealth of) US	US70914PQ217	0.2
47	Mississippi (State of) US	US605581JN80	0.2
48	California (State of) US	US13063DG855	0.2
49	San Francisco (City & County of), CA Airport Commission (San Francisco International Airport) US	US79766DKK45	0.2
50	Virginia (Commonwealth of) Public Building Authority US	US9281727T61	0.2

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04Exposure

Bonds 100.0%

By country

USUnited States96.9%

CurrencyUSD 96.9%

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