Invesco BulletShares 2026 Municipal Bond ETF
Invesco BulletShares 2026 Municipal Bond ETF (NASDAQ: BSMQ) is an exchange-traded fund listed on NASDAQ, trading at $23.38 (about ₹2,246 a unit) as of 30 Sep 2026, 9:42 AM ET. It has an expense ratio of 0.18% and holds 1,175 securities. Indian residents can buy BSMQ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$23.35
Today's high
$23.39
52 week low
$23.33
52 week high
$23.75
BSMQ opened at $23.36, closed previously at $23.35, and has traded between $23.33 and $23.75 over the past 52 weeks.
About
The Invesco BulletShares 2026 Municipal Bond ETF is an exchange-traded fund engineered to mirror the performance of the Invesco BulletShares USD Municipal Bond 2026 Index. This fund allocates a minimum of 80% of its total capital to municipal bonds included in this benchmark index. The index itself endeavors to measure the returns of a collection of US dollar-denominated debt instruments issued by various state, state agency, or local governments within the United States, all possessing effective maturity dates in 2026. Rather than holding every security from the index, the fund adopts a "sampling" approach to fulfill its investment objectives. Both the fund's holdings and the index undergo monthly adjustments. With a predetermined maturity in 2026, this fund is scheduled to liquidate its assets and terminate operations around December 15th of that year. For comprehensive details, please refer to the prospectus.
Key statistics
Expense ratio
0.18%
Assets (AUM)
$262.2M
Holdings
1,175
NAV
$23.41
Avg. volume
—
1-year price change
-1.10%
5-year price change
-9.66%
Price change excludes dividends.
Top 10 holdings
BSMQ holds 1,175 securities in total. These 10 are 22.6% of the fund.
Where the money is invested
Countries
How to buy BSMQ from India
Indian residents can buy BSMQ units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search BSMQ and buy
Find the fund by its ticker, BSMQ, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in BSMQ from India
Trading and taxes when buying BSMQ from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the BSMQ price today?
Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) last traded at $23.38 on NASDAQ, as of 30 Sep 2026, 9:42 AM ET. That is ₹2,246 a unit at the 29 Sep 2026 USD/INR rate.
When does BSMQ trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is BSMQ, and what does it cost to hold?
Invesco BulletShares 2026 Municipal Bond ETF manages about $262.2M. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2019.
What are BSMQ's largest holdings?
The top three are CASH & EQUIVALENTS (16.1%), Idaho Health Facilities Authority 3.30% 03/01/2048 (1.3%) and New York City Municipal Water Finance Authority 3.20% 06/15/2043 (1.0%). BSMQ's 10 largest positions make up 22.6% of the fund.
Does BSMQ pay dividends?
Yes. BSMQ is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on BSMQ taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of BSMQ?
Yes. You can buy BSMQ by amount rather than by whole unit, and there is no minimum trade size.
How has BSMQ performed?
BSMQ's price is down 1.1% over the past year and down 9.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.