BSMT's largest holdings are New Jersey (State of), Triborough Bridge & Tunnel Authority, Hillsborough (County of), FL Industrial Development Authority (Baycare Health System), Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt Univ Medical Center), California (State of) Infrastructure & Economic Development Bank (California Academy of Sciences) (Green Bonds). The full top list is on this page.

How concentrated is BSMT?

The top 10 holdings are 3.6% of the fund, across 1,797 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

BSMT

The Fund seeks to track the investment results (before fees and expenses) of the Invesco BulletShares Municipal Bond 2029 Index.

Invesco BulletShares 2029 Municipal Bond ETF

Invesco

1,797 holdings as of 2026-05-31 · top 10 = 3.6% · TER 0.18%

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Concentration

Well diversifiedtop 10 = 3.6%

diversifiedconcentrated

GROWTH · PRICE DEVELOPMENTrebased to 0%

Holdings

1,797

as of 2026-05-31

Top 10

3.6%

TER

0.18%

cheaper than 65% of peers

Net assets

US$272M

Largest

0.5%

P / E

–

Sections

Holdings as of 2026-05-31.

01Overview

the fund's regulatory facts

Fund currency

USD

Volatility 1Y

2.1%

Tracked index

Invesco BulletShares Municipal Bond 2029 Index

How it tracks

Index, sampling

02Performance

market price return · as of 2026-09-02

-0.5%

-1.2%

-1.9%

YTD

-1.4%

-0.2%

03Holdings

50 largest · as of 2026-05-31

#	Company	Identifier	Weight
1	New Jersey (State of) US	US646039YN18	0.5
2	Triborough Bridge & Tunnel Authority US	US89602HJB42	0.5
3	Hillsborough (County of), FL Industrial Development Authority (Baycare Health System) US	US43233KAG94	0.4
4	Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt Univ Medical Center) US	US592041A237	0.3
5	California (State of) Infrastructure & Economic Development Bank (California Academy of Sciences) (Green Bonds) US	US13034A5B23	0.3
6	New Jersey (State of) Turnpike Authority US	US646140DD29	0.3
7	Pennsylvania (Commonwealth of) Turnpike Commission US	US709224P526	0.3
8	University of California US	UNVHGR	0.3
9	New York (City of), NY Municipal Water Finance Authority US	US64972GSQ81	0.3
10	California (State of) US	US13063EDB92	0.3
11	Illinois (State of) Toll Highway Authority US	US452252NP04	0.3
12	California (State of) US	US13063DQQ42	0.3
13	New York (City of), NY Transitional Finance Authority US	US64971XLD83	0.3
14	Los Angeles Unified School District US	US544647HL79	0.3
15	New York (City of), NY Transitional Finance Authority US	US64971XND65	0.2
16	University of California US	US91412HPX51	0.2
17	New York (City of), NY Municipal Water Finance Authority US	US64972GUE24	0.2
18	Massachusetts (Commonwealth of) School Building Authority US	US576000WX79	0.2
19	Los Angeles (City of), CA Department of Water & Power US	US544532GE85	0.2
20	California (State of) US	US13063DQR25	0.2
21	Massachusetts (Commonwealth of) US	US57582RY672	0.2
22	Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund) US	US67766WYD81	0.2
23	California (State of) Infrastructure & Economic Development Bank (Academy Motion Picture Arts & Sciences Obligated Group) US	US13034AG530	0.2
24	New York (City of), NY Transitional Finance Authority US	US64971XLH97	0.2
25	Pennsylvania (Commonwealth of) US	US70914PQ472	0.2
26	California State University US	US13077DHB10	0.2
27	New York (State of) Dormitory Authority US	US64990FKY96	0.2
28	California (State of) US	US13063DPH51	0.2
29	Ohio (State of) Water Development Authority US	US67765QGT76	0.2
30	Illinois (State of) Finance Authority (Green Bonds) (Clean Water Initiative) US	US45204EY361	0.2
31	California (State of) US	US13063DSB54	0.2
32	Farmington (City of), NM (Southern California Edison) US	US311450FZ83	0.2
33	Central Florida Expressway Authority US	US153476GN09	0.2
34	California (State of) Infrastructure & Economic Development Bank (California State Teachers' Retirement System Headquarters Expansion) (Green Bonds) US	US13034RAT05	0.2
35	California (State of) US	US13063DQT80	0.2
36	Los Angeles (City of), CA Department of Airports US	US544445PP87	0.2
37	Harris County Cultural Education Facilities Finance Corp. (Texas Children's Hospital) US	US414009ST84	0.2
38	Illinois (State of) Toll Highway Authority US	US452252PF04	0.2
39	Gainesville (City of), FL US	US362848VL42	0.2
40	New York (City of), NY Transitional Finance Authority US	US64971XLC01	0.2
41	Michigan (State of) Finance Authority (Trinity Health Credit Group) US	US59447TYB33	0.2
42	Pennsylvania (Commonwealth of) Turnpike Commission US	US709224S835	0.2
43	New York (City of), NY Transitional Finance Authority US	US64971XRQ33	0.2
44	Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group) US	US68450LFR15	0.2
45	New York (State of) Dormitory Authority US	US64990GVG45	0.2
46	New York (City of), NY Municipal Water Finance Authority US	US64972GYT56	0.2
47	University of Colorado Hospital Authority US	US914183CD87	0.2
48	Duval County (County of), FL School Board US	US267169HC76	0.2
49	Dallas (City of), TX Area Rapid Transit US	US235241TH92	0.2
50	Lehigh (County of), PA Industrial Development Authority (PPL Electric Utilities Corp.) US	US524808BY77	0.2

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04Exposure

Bonds 100.0%

By country

USUnited States98.3%

CurrencyUSD 98.3%

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