Invesco BulletShares 2035 Municipal Bond ETF (BSMZ)

The Invesco BulletShares 2035 Municipal Bond ETF (BSMZ) is a target-maturity fund that tracks an index of investment-grade U.S. municipal bonds maturing in 2035, providing income that is generally exempt from federal income tax.

The fund terminates in its maturity year, holding cash-like securities as bonds mature before returning its net assets to shareholders. This lets investors combine the diversification of a fund with the defined end date of an individual bond. The fund is sponsored by Invesco and trades on Nasdaq.