BSMW vs IBMO
Invesco Bulletshares 2032 Municipal Bond ETF compared with iShares iBonds Dec 2026 Term Muni Bond ETF on yield, payout growth, payment schedule, cost and risk.
BSMW
Invesco Bulletshares 2032 Municipal Bond ETF
TTM yield · Monthly
IBMO
iShares iBonds Dec 2026 Term Muni Bond ETF
TTM yield · Monthly
Quick take
- BSMW yields more today: 3.32% vs 2.39% (forward).
- Both pay every month.
- Over the last year BSMW delivered the higher total return: +3.1% vs +2.2% (price change plus payouts).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BSMW | IBMO |
|---|---|---|
| Share price | $24.42 | $25.61 |
| TTM yield | 3.32% | 2.39% |
| Forward yield | 3.32% | 2.39% |
| Annual payout per share | $0.81 | $0.612 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 21, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.18% | 0.18% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 95/100 | 96/100 |
| 1-year total return | +3.1% | +2.2% |
| 1-year price return | -0.2% | -0.2% |
| Size (market cap / AUM) | 216.2M | 555.5M |
| Years paying | 3.4 | 7.4 |
| Sector / category | Muni Target Maturity | Muni Target Maturity |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BSMW | IBMO | |
|---|---|---|
| Shares | 409.4 | 390.5 |
| Income per year | $332 | $239 |
| Income per month (avg) | $28 | $20 |
At forward yields, before taxes. Model BSMW · Model IBMO
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BSMW Sep 21, 2026 | Sep 25, 2026 | $0.0675 | Est. |
| BSMW Oct 19, 2026 | Oct 23, 2026 | $0.0675 | Est. |
| BSMW Nov 16, 2026 | Nov 20, 2026 | $0.0675 | Est. |
| IBMO Oct 1, 2026 | Oct 15, 2026 | $0.051 | Est. |
| IBMO Oct 31, 2026 | Nov 14, 2026 | $0.051 | Est. |
| IBMO Nov 30, 2026 | Dec 14, 2026 | $0.051 | Est. |
Annual payouts per share
BSMWIBMO
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BSMW or IBMO?
BSMW currently has the higher trailing yield: BSMW yields 3.32% and IBMO yields 2.39%. Yield changes daily with price, so check the live figures above.
How often do BSMW and IBMO pay?
BSMW pays every month and IBMO pays every month. BSMW's next ex-date is Sep 21, 2026 and IBMO's is Oct 1, 2026.
Is BSMW or IBMO better for income?
It depends on what you are optimising for. BSMW and IBMO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.