BSMO News and Press, Invesco BulletShares 2024 Municipal Bond ETF From 07/06/22

Historically, a spike in municipal bond yields has been followed by a period of strong performance, regardless of interest rate policy. Rising rates resulting in widening yield spreads have been short-lived. Despite the prospect of additional Fed action to push short rates higher,...

The Fed is raising rates faster than initially expected, and the US muni market is in the midst of one of the largest outflow cycles ever. Sharp outflow cycles have historically signaled buying opportunities. As the pace of monetary policy tightening has increased, recession probabili...

Invesco BulletShares 2024 Municipal Bond ETF (BSMO) - $0.0159. 30-Day SEC Yield of 2.19% as of June 17. Payable June 30; for shareholders of record June 22; ex-div June 21. For further details see: Invesco BulletShares 2024 Municipal Bond ETF declares monthly distribution of $0.0159

Municipal bond funds have struggled so far in 2022, witnessing record outflows through the Lipper fund flows week ended Wednesday, June 15, and posting an average year-to-date market loss of 9.98%. Year to date, municipal debt funds handed back a net $72.5 billion, eclipsing the full-...

Market technicals may also be supportive of the arrival of the summer redemption season. Better-than-anticipated revenue collections and the passage of robust stimulus packages have led many analysts to recommend credit risk over interest rate risk so far in the first half of this yea...

The year-over-year change in core CPI peaked in March and is coming down, albeit slower than we’d all like to see. The economy is slowing in some areas and inflation is still high but probably peaking. Bond yields are starting to look pretty attractive relative to stock div...

Municipals posted strong total returns and outperformed comparable U.S. Treasuries in May. Supply-and-demand technicals turned more constructive late in the month. Favorable seasonal dynamics should provide a tailwind into the fall. For further details see: Municipals Sp...

The search for value is on, particularly in short to medium duration. We believe yield translates into return potential, and it’s an opportune time to assess current yields in the context of the durability (or lack thereof) of the Fed’s recently aggressive monetary polic...

Municipal bond investors increasingly want to apply environmental, social, and governance considerations to their portfolios. Some muni investors may want to apply ESG screening to avoid specific issuers based on personal considerations and values. Muni impact investing can target...

U.S. municipal bond market investors have seen a challenging first half of the year. The municipal market will continue to be pressured by the Federal Reserve’s (Fed’s) monetary policy. We believe the muni asset class provides a very attractive investment opportunity...