As part of Invescos AMT-Free Muni Term ETF suite, BSMT behaves more like a bond than a typical bond fund. The fund provides bullet maturityin this case 2029instead of perpetual exposure to a maturity pocket of the muni space. As the fund ages, its maturity, duration, and YTM will continue to decline. On its target date, BSMT will unwind and return all capital to investors. Coupon payments received from underlying securities are exempted from both the federal income tax and the alternative minimum tax. As such, BSMT can be used as a building block for a tax-exempted bond ladder.
公司网站 :
https://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=BSMT
总经理:-
建立时间:2019
公司总部:Invesco BulletShares 2029 Municipal Bond ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds