# Invesco BulletShares 2027 Municipal Bond ETF (BSMR) — Overview

BSMR · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/bsmr

## Price

Last close $23.33 on Oct 15, 2026. 52-week range $23.16 – $23.83.

## Fund profile

BSMR tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2027.

| Metric | Value |
| --- | --- |
| Issuer | Invesco Capital Management LLC |
| Industry | — |
| Inception | Sep 25, 2019 |
| Assets under management | $366.2M |
| Expense ratio | 0.18% |
| Net asset value | $23.32 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Invesco BulletShares 2027 Municipal Bond ETF (BSMR)?

BSMR tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2027.

### What is BSMR's expense ratio?

Invesco BulletShares 2027 Municipal Bond ETF charges an annual expense ratio of 0.18%. The fund is issued by Invesco Capital Management LLC.

### How large is BSMR?

Invesco BulletShares 2027 Municipal Bond ETF manages $366.2M in assets and has traded since Sep 25, 2019.

### How do I buy shares of Invesco BulletShares 2027 Municipal Bond ETF (BSMR)?

BSMR trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).