BSMW vs IBMP
Invesco Bulletshares 2032 Municipal Bond ETF compared with iShares iBonds Dec 2027 Term Muni Bond ETF on yield, payout growth, payment schedule, cost and risk.
BSMW
Invesco Bulletshares 2032 Municipal Bond ETF
TTM yield · Monthly
IBMP
iShares iBonds Dec 2027 Term Muni Bond ETF
TTM yield · Monthly
Quick take
- BSMW yields more today: 3.39% vs 2.53% (forward).
- Both pay every month.
- Over the last year IBMP delivered the higher total return: +1.8% vs -0.9% (price change plus payouts).
- IBMP is cheaper to own: 0.10% vs 0.18% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BSMW | IBMP |
|---|---|---|
| Share price | $23.95 | $25.30 |
| TTM yield | 3.39% | 2.53% |
| Forward yield | 3.39% | 2.53% |
| Annual payout per share | $0.811 | $0.64 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 16, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.18% | 0.10% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 95/100 | 97/100 |
| 1-year total return | -0.9% | +1.8% |
| 1-year price return | -4.1% | -0.7% |
| Size (market cap / AUM) | 207.7M | 678.1M |
| Years paying | 3.5 | 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 | IBMP | |
|---|---|---|
| Shares | 417.5 | 395.3 |
| Income per year | $339 | $253 |
| Income per month (avg) | $28 | $21 |
At forward yields, before taxes. Model BSMW · Model IBMP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BSMW Nov 16, 2026 | Nov 20, 2026 | $0.0676 | Est. |
| BSMW Dec 14, 2026 | Dec 18, 2026 | $0.0676 | Est. |
| BSMW Jan 11, 2027 | Jan 15, 2027 | $0.0676 | Est. |
| IBMP Oct 31, 2026 | Nov 14, 2026 | $0.0533 | Est. |
| IBMP Nov 30, 2026 | Dec 14, 2026 | $0.0533 | Est. |
| IBMP Dec 30, 2026 | Jan 13, 2027 | $0.0533 | Est. |
Annual payouts per share
BSMWIBMP
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 IBMP?
BSMW currently has the higher trailing yield: BSMW yields 3.39% and IBMP yields 2.53%. Yield changes daily with price, so check the live figures above.
How often do BSMW and IBMP pay?
BSMW pays every month and IBMP pays every month. BSMW's next ex-date is Nov 16, 2026 and IBMP's is Oct 31, 2026.
Is BSMW or IBMP better for income?
It depends on what you are optimising for. BSMW and IBMP 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.