BSMO News and Press, Invesco BulletShares 2024 Municipal Bond ETF From 08/19/23

2023-08-19 02:07:00 ET Summary Muni fund flows recently turned positive, prompting investors to wonder whether it’s the start of a muni bull market. With low issuance and proceeds from calls,* maturities, and coupons reentering the market, summer technicals are at play. ...

2023-08-15 01:00:00 ET Summary Demand outpaced supply and prompted strong absolute and relative performance. Rich valuations and waning seasonal trends warrant some near-term caution going forward. Any prolonged weakness would offer opportunity to add duration and lock in attr...

2023-08-11 21:35:00 ET Summary Flagging office occupancy rates have municipal bond investors concerned. But US cities have more than one card to play in the revenue game. With talk of downtown death spirals, some municipal bond investors fear that declining office occupancy - ...

2023-08-11 08:00:00 ET Summary On August 1st, Fitch downgraded the U.S. credit rating from AAA to AA+. Current ratings of the U.S. now stand at AAA by Moody’s, AA+ by S&P (who downgraded the U.S. in 2011), and Fitch at AA+. The federal government’s strengths ...

2023-08-08 01:48:00 ET Summary Continued economic growth despite the rate hikes led to a resumption of growth in the stock market. The pace of downtown recovery is not following a one-size-fits-all formula. The majority of muni bonds in the Moody's study have an average rating...

2023-07-25 04:41:00 ET Summary Bottom-up municipal research can often help find clarity amid negative sector news. More broadly, we remain constructive on municipal credit across the U.S., given the sector’s overall financial strength and its ability to withstand an economi...

2023-07-24 13:44:34 ET Invesco BulletShares 2024 Municipal Bond ETF ( NASDAQ: BSMO ) - $0.0467 . 30-Day SEC Yield of 3.10% as of July 21. Payable Jul 28; for shareholders of record Jul 25; ex-div Jul 24. For further details see: Invesco BulletShares 2024 Muni...

2023-07-22 03:05:00 ET Summary Overall muni markets are off to a pretty strong start, returning 2.7% roughly year to date. As the Fed continues to enter into the late stages of their tightening cycle, how should investors think about duration positioning in today’s environm...

2023-07-15 03:35:00 ET Summary In a slowing economy, municipal bonds may be an attractive investment for the 3 reasons outlined. Municipal bonds tend to have higher credit ratings compared to corporate bonds. Most state and local governments have benefited from strong fiscal c...

2023-07-13 03:10:00 ET Summary With the highest yields in years, the muni bond market looks increasingly attractive. After the worst showing in four decades in 2022, the muni market regained some ground in 2023. There was some chop along the way, but the Bloomberg Municipal Bo...