Invesco Indexing

Invesco BulletShares® Municipal Bond 2034 Index

Overview

Back to Invesco BulletShares® Municipal Bond Indexes

The Index provides exposure to a diversified basket of US dollar-denominated municipal bonds issued by US states, state agencies, or local governments, all with a maturity — or, in some cases, effective maturity — of 2034. The Index combines the precise maturity exposure of an individual bond with the diversification benefits of a broad basket of securities, and is expected to have a return profile similar to a held-to-maturity bond.

Performance1

as of Aug 28, 2025
1711861200000 100
1711947600000 99.888
1712034000000 99.133
1712120400000 98.967
1712206800000 99.099
1712293200000 98.956
1712379600000 98.956
1712466000000 98.956
1712552400000 98.81
1712638800000 98.988
1712725200000 98.531
1712811600000 98.562
1712898000000 98.862
1712984400000 98.862
1713070800000 98.862
1713157200000 98.738
1713243600000 98.445
1713330000000 98.452
1713416400000 98.394
1713502800000 98.441
1713589200000 98.441
1713675600000 98.441
1713762000000 98.463
1713848400000 98.482
1713934800000 98.367
1714021200000 97.982
1714107600000 97.966
1714194000000 97.966
1714280400000 97.966
1714366800000 98.174
1714453200000 98.086
1714539600000 98.255
1714626000000 98.377
1714712400000 98.802
1714798800000 98.802
1714885200000 98.802
1714971600000 99.015
1715058000000 99.418
1715144400000 99.55
1715230800000 99.494
1715317200000 99.387
1715403600000 99.387
1715490000000 99.387
1715576400000 99.448
1715662800000 99.474
1715749200000 99.631
1715835600000 99.525
1715922000000 99.26
1716008400000 99.26
1716094800000 99.26
1716181200000 98.99
1716267600000 98.744
1716354000000 98.423
1716440400000 98
1716526800000 97.901
1716613200000 97.901
1716699600000 97.901
1716786000000 97.937
1716872400000 97.81
1716958800000 97.368
1717045200000 97.3
1717131600000 97.381
1717218000000 97.381
1717304400000 97.381
1717390800000 97.775
1717477200000 98.138
1717563600000 98.641
1717650000000 99.164
1717736400000 98.76
1717822800000 98.76
1717909200000 98.76
1717995600000 98.691
1718082000000 98.715
1718168400000 99.41
1718254800000 99.75
1718341200000 99.903
1718427600000 99.903
1718514000000 99.903
1718600400000 99.746
1718686800000 99.865
1718773200000 99.877
1718859600000 99.764
1718946000000 99.728
1719032400000 99.728
1719118800000 99.728
1719205200000 99.736
1719291600000 99.723
1719378000000 99.419
1719464400000 99.393
1719550800000 99.409
1719637200000 99.409
1719723600000 99.433
1719810000000 99.167
1719896400000 99.234
1719982800000 99.464
1720069200000 99.476
1720155600000 99.663
1720242000000 99.663
1720328400000 99.663
1720414800000 99.73
1720501200000 99.794
1720587600000 99.874
1720674000000 100.161
1720760400000 100.299
1720846800000 100.299
1720933200000 100.299
1721019600000 100.175
1721106000000 100.299
1721192400000 100.312
1721278800000 100.328
1721365200000 100.31
1721451600000 100.31
1721538000000 100.31
1721624400000 100.236
1721710800000 100.241
1721797200000 100.178
1721883600000 100.215
1721970000000 100.217
1722056400000 100.217
1722142800000 100.217
1722229200000 100.263
1722315600000 100.181
1722402000000 100.339
1722488400000 100.7
1722574800000 101.607
1722661200000 101.607
1722747600000 101.607
1722834000000 102.162
1722920400000 102.028
1723006800000 101.274
1723093200000 100.944
1723179600000 100.945
1723266000000 100.945
1723352400000 100.945
1723438800000 101.069
1723525200000 101.242
1723611600000 101.338
1723698000000 100.941
1723784400000 100.982
1723870800000 100.982
1723957200000 100.982
1724043600000 101.047
1724130000000 101.132
1724216400000 101.17
1724302800000 101.035
1724389200000 101.209
1724475600000 101.209
1724562000000 101.209
1724648400000 101.261
1724734800000 101.175
1724821200000 101.054
1724907600000 101.063
1724994000000 101.064
1725080400000 101.064
1725166800000 101.064
1725253200000 101.089
1725339600000 101.136
1725426000000 101.232
1725512400000 101.472
1725598800000 101.661
1725685200000 101.661
1725771600000 101.661
1725858000000 101.745
1725944400000 101.995
1726030800000 102.032
1726117200000 101.987
1726203600000 102.035
1726462800000 102.16
1726549200000 102.232
1726635600000 102.196
1726722000000 102.06
1726808400000 102.097
1727067600000 102.111
1727154000000 102.027
1727240400000 102.001
1727326800000 102.022
1727413200000 102.206
1727672400000 102.242
1727758800000 102.667
1727845200000 102.615
1727931600000 102.612
1728018000000 102.064
1728277200000 101.806
1728363600000 101.556
1728450000000 101.38
1728536400000 101.386
1728622800000 101.237
1728882000000 101.275
1728968400000 101.387
1729054800000 101.52
1729141200000 101.435
1729227600000 101.39
1729486800000 101.061
1729573200000 100.565
1729659600000 99.598
1729746000000 99.656
1729832400000 100.147
1730091600000 100.149
1730178000000 99.811
1730264400000 99.934
1730350800000 99.923
1730437200000 99.948
1730700000000 100.319
1730786400000 100.349
1730872800000 99.046
1730959200000 99.579
1731045600000 100.484
1731304800000 100.521
1731391200000 100.531
1731477600000 100.571
1731564000000 100.741
1731650400000 100.702
1731909600000 100.717
1731996000000 100.994
1732082400000 100.995
1732168800000 100.955
1732255200000 101.002
1732514400000 101.483
1732600800000 101.602
1732687200000 101.906
1732773600000 101.919
1732860000000 102.228
1732946400000 102.241
1733119200000 102.512
1733205600000 102.734
1733292000000 102.802
1733378400000 102.758
1733464800000 102.905
1733724000000 102.822
1733810400000 102.662
1733896800000 102.529
1733983200000 101.931
1734069600000 101.462
1734328800000 101.516
1734415200000 101.172
1734501600000 100.825
1734588000000 99.769
1734674400000 100.056
1734933600000 100.097
1735020000000 100.094
1735192800000 100.118
1735279200000 100.13
1735538400000 100.399
1735624800000 100.504
1735797600000 100.672
1735884000000 100.778
1736143200000 100.829
1736229600000 100.732
1736316000000 100.166
1736402400000 100.148
1736488800000 99.658
1736748000000 99.271
1736834400000 99.045
1736920800000 99.344
1737007200000 99.497
1737093600000 99.785
1737352800000 99.823
1737439200000 100.08
1737525600000 100.222
1737612000000 99.996
1737698400000 100.019
1737957600000 100.567
1738044000000 100.546
1738130400000 100.5
1738216800000 100.65
1738303200000 100.607
1738562400000 100.733
1738648800000 100.777
1738735200000 101.311
1738821600000 101.334
1738908000000 101.107
1739167200000 101.183
1739253600000 100.962
1739340000000 100.193
1739426400000 100.461
1739512800000 100.672
1739772000000 100.71
1739858400000 100.695
1739944800000 100.748
1740031200000 100.895
1740117600000 101.054
1740376800000 101.147
1740463200000 101.59
1740549600000 101.787
1740636000000 101.721
1740722400000 101.867
1740981600000 101.818
1741068000000 101.8
1741154400000 101.573
1741240800000 100.995
1741327200000 100.966
1741582800000 101.138
1741669200000 100.954
1741755600000 100.292
1741842000000 100.101
1741928400000 99.979
1742187600000 100.022
1742274000000 99.967
1742360400000 99.91
1742446800000 100.123
1742533200000 100.116
1742792400000 99.854
1742878800000 99.561
1742965200000 98.942
1743051600000 98.529
1743138000000 98.89
1743397200000 99.175
1743483600000 99.588
1743570000000 99.621
1743656400000 100.324
1743742800000 100.73
1744002000000 98.593
1744088400000 96.956
1744174800000 95.474
1744261200000 97.622
1744347600000 96.311
1744606800000 97.084
1744693200000 97.269
1744779600000 97.615
1744866000000 97.725
1745211600000 97.008
1745298000000 96.804
1745384400000 97.181
1745470800000 97.586
1745557200000 97.824
1745816400000 97.964
1745902800000 98.116
1745989200000 98.534
1746075600000 98.636
1746162000000 98.473
1746421200000 98.392
1746507600000 98.476
1746594000000 98.66
1746680400000 98.637
1746766800000 98.678
1747026000000 98.471
1747112400000 98.526
1747198800000 98.383
1747285200000 98.535
1747371600000 98.59
1747630800000 98.48
1747717200000 98.461
1747803600000 98.075
1747890000000 97.793
1747976400000 97.982
1748235600000 98.02
1748322000000 98.246
1748408400000 98.226
1748494800000 98.245
1748581200000 98.143
1748840400000 97.914
1748926800000 97.837
1749013200000 98.059
1749099600000 98.137
1749186000000 97.937
1749445200000 98
1749531600000 98.023
1749618000000 98.111
1749704400000 98.392
1749790800000 98.264
1750050000000 98.295
1750136400000 98.397
1750222800000 98.406
1750309200000 98.418
1750395600000 98.415
1750654800000 98.555
1750741200000 98.494
1750827600000 98.486
1750914000000 98.597
1751000400000 98.627
1751259600000 98.798
1751346000000 98.848
1751432400000 98.832
1751518800000 98.848
1751864400000 98.905
1751950800000 98.741
1752037200000 98.819
1752123600000 98.772
1752210000000 98.612
1752469200000 98.571
1752555600000 98.333
1752642000000 98.064
1752728400000 97.851
1752814800000 97.62
1753074000000 97.898
1753160400000 97.918
1753246800000 97.896
1753333200000 97.891
1753419600000 97.905
1753678800000 97.976
1753765200000 98.16
1753851600000 98.116
1753938000000 98.315
1754024400000 98.67
1754283600000 98.817
1754370000000 98.999
1754456400000 98.897
1754542800000 98.973
1754629200000 98.941
1754888400000 99.035
1754974800000 99.023
1755061200000 99.047
1755147600000 98.998
1755493200000 98.905
1755579600000 98.877
1755666000000 98.88
1755752400000 98.785
1755838800000 99.039
1756098000000 99.089
1756184400000 99.127
1756270800000 99.121
1756357200000 99.182

Latest Returns

as of Aug 28, 2025
Index Level 1 Day (%) MTD (%) QTD (%) YTD (%)
Total Return
Invesco BulletShares Municipal Bond 2034 Index 99.18 0.06 0.88 0.39 -1.32

Annualized Returns

as of Aug 28, 2025
1 yr (%) 3 yr (%) 5 yr (%) 10 yr (%)
Total Return
Invesco BulletShares Municipal Bond 2034 Index -1.85 N/A N/A N/A

Top 10 Constituents

as of Jul 31, 2025
Constituent Coupon Rate (%) Maturity Date Weight (%)
Los Angeles Unified School District/CA 5.00 07/01/2034 0.58
New York State Dormitory Authority 5.50 07/01/2054 0.54
Triborough Bridge & Tunnel Authority Sales Tax Revenue 5.25 05/15/2064 0.35
New Jersey Educational Facilities Authority 5.25 03/01/2054 0.31
Hillsborough County Industrial Development Authority 5.00 11/15/2034 0.30
Salt River Project Agricultural Improvement & Power District 5.25 01/01/2053 0.30
New York City Municipal Water Finance Authority 5.25 06/15/2054 0.30
New Jersey Transportation Trust Fund Authority 5.25 06/15/2055 0.30
Massachusetts Development Finance Agency 5.00 02/15/2034 0.29
Commonwealth of Massachusetts 5.00 01/01/2054 0.28

Characteristics

as of Aug 22, 2025
Launch Date: Apr 1, 2024
Coupon 5.01%
Effective Duration (years) 9.76
Years to Maturity 17.40
Yield to Worst 4.20%
Quality AA
Number of Bonds 2,591
Par Value (USD billions) 116.50
Top 10 Issues as of Jul 31, 2025 3.60%

Bond Sectors

as of Jul 31, 2025
Holdings % of total net assets
Revenue 72.551
General obligation 23.703
Double barrel 2.245
Other 1.502
Totals may not add up to 100% due to rounding.

Regions

as of Jul 31, 2025
Holdings % of total net assets
Mid-Atlantic 31.601
West 18.77
Midwest 14.373
Southwest 12.482
Southeast 10.193
Northeast 8.36
Mountain 4.155
Others 0.065
Totals may not add up to 100% due to rounding.

Currency Exposure

as of Jul 31, 2025
Country % of total net assets
USD 100
Totals may not add up to 100% due to rounding.

Quality

as of Jul 31, 2025
Holdings % of total net assets
AAA 23.654
AA+ 20.003
AA 28.816
AA- 11.943
A+ 4.422
A 5.418
A- 3.739
BBB+ 0.982
BBB 0.499
BBB- 0.524
Totals may not add up to 100% due to rounding.
1.
Past performance cannot guarantee future results.