Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) focuses on providing investors access to a diversified portfolio of investment-grade municipal bonds scheduled to mature in the year 2031. By investing in a range of municipal bonds, this ETF aims to deliver tax-efficient income and return primarily to US investors looking for a defined maturity date similar to a bond. The strategic objective is to combine the regular income and relative safety of high-quality municipal bonds with the flexibility and liquidity of an ETF. BSML operates within the framework of targeting bonds that have the potential to offer returns exempt from federal income taxes, aligning with investors' goals of income preservation and moderate growth over a specific period, leading up to 2031. This approach caters to those planning for future financial needs, including educational expenses or retirement planning, who favor investments in the municipal bond market.