BSMY ETF — Invesco BulletShares 2034 Municipal Bond ETF
Invesco BulletShares 2034 Municipal Bond ETF (BSMY)
BSMY is a low-cost ETF. As of August 19, 2026, its distribution rate is 3.75%, its trailing-12-month yield is 3.37%, its expense ratio is 0.18%.
At the current 3.75% distribution rate, a $10,000 investment would generate approximately $375 per year, or $31.25 per month on an equivalent basis.
Invesco BulletShares 2034 Municipal Bond ETF is an ETF that tracks an index of investment-grade municipal bonds maturing in 2034, holding at least 80% of its assets in these securities. The fund carries a current distribution rate in the mid-range, distributes monthly, and has a low expense ratio of 0.18%. It appeals to income-focused investors seeking tax-advantaged municipal bond exposure with a defined maturity date.
BSMY dividend yield and income
Data as of August 19, 2026.
The distribution rate (3.75%) is the latest posted forward yield, paid monthly. Trailing-12-month yield (3.37%) is the last year of payments divided by the current price. The last dividend was $0.0750. The last ex-dividend date was 07/20/2026. It was paid on 07/24/2026. At 3.75%, $10,000 would generate about $375 a year ($31.25 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-07-20 | $0.075 | 17.2% |
| 2026-06-22 | $0.073 | -11.0% |
| 2026-05-18 | $0.074 | -5.1% |
| 2026-04-20 | $0.076 | 20.6% |
| 2026-03-23 | $0.074 | 13.8% |
| 2026-02-23 | $0.07 | 20.7% |
| 2026-01-20 | $0.071 | 42.0% |
| 2025-12-22 | $0.074 | 48.0% |
| 2025-11-24 | $0.079 | -9.2% |
| 2025-10-20 | $0.076 | 35.7% |
| 2025-09-22 | $0.066 | — |
| 2025-08-18 | $0.061 | — |
| 2025-07-21 | $0.064 | — |
| 2025-06-23 | $0.082 | — |
| 2025-05-19 | $0.078 | — |
| 2025-04-21 | $0.063 | — |
| 2025-03-24 | $0.065 | — |
| 2025-02-24 | $0.058 | — |
| 2025-01-21 | $0.05 | — |
| 2024-12-23 | $0.05 | — |
| 2024-11-18 | $0.087 | — |
| 2024-10-21 | $0.056 | — |
| 2024 total | $0.193 | — |
| 2025 total | $0.816 | 322.8% |
| 2026 YTD total | $0.513 | 11.5% |
BSMY dividend growth
An annualized trend fit on recent payments is 6.29%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
| Window | Change |
|---|---|
| 1Y | 58.4% |
BSMY key facts
Data as of August 19, 2026.
- Issuer
- Invesco
- Asset type
- ETF
- Asset class
- Fixed Income
- Inception date
- 09/11/2024
- Expense ratio
- 0.18%
- Distribution rate
- 3.75%
- Distribution frequency
- Monthly
- Trailing yield
- 3.37%
- Last close
- $24.01
- AUM
- $139,931,084
- Average volume
- 19572.0
- Last dividend
- $0.0750
- Ex-dividend date
- 07/20/2026
- Payment date
- 07/24/2026
How Dividend Vision calculates yield and returns
Distribution rate (3.75%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.37%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: Invesco; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
BSMY risks and drawbacks
BSMY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income.
Who may consider BSMY — and who may not
BSMY may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does BSMY pay monthly?
Yes. BSMY currently pays monthly.
What is BSMY's expense ratio?
BSMY's expense ratio is 0.18%.
What is BSMY's dividend yield?
BSMY currently yields 3.75%, paid monthly, with a 0.18% expense ratio.
When does BSMY pay a dividend?
BSMY pays monthly. The last dividend was $0.0750. The last ex-dividend date was 07/20/2026. It was paid on 07/24/2026.
Is BSMY a good investment?
It currently yields 3.75%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from Invesco.
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