BSMW — Invesco BulletShares 2032 Municipal Bond ETF ☆

The Invesco BulletShares 2032 Municipal Bond ETF seeks to replicate the Invesco BulletShares USD Municipal Bond 2032 Index. It puts a minimum of 80% of total assets into the US dollar municipal bonds issued by states, state agencies or local governments that make up that index, all of which have effective maturities in 2032. The fund is issued by Invesco and is designed to wind up around its target year, rather than offering perpetual exposure.