Invesco BulletShares 2036 Muncpl Bd ETF (BSMA) is an exchange-traded fund in the Muni Target Maturity category. It has $4.87M in assets and an expense ratio of 0.18%. Under normal circumstances, at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities the income from which is exempt from federal income tax, and in derivatives and other investments that have economic characteristics similar to municipal securities, the income from which is exempt from federal income tax. It is non-diversified.