Skip to Content
ETFs

Invesco Municipal Strategic Income ETF

IMSI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 09 2022
Expense Ratio
0.39%
Type
US Bonds
Fund Owner
Invesco
Volume (1m avg. daily)
$9,701
AUM
$29,424,055
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
California Community Choice Financing Authority
3.41%
n/a
Lee Memorial Health System
3.18%
n/a
Metropolitan Transportation Authority
2.56%
n/a
Port of Portland OR Airport Revenue
2.48%
n/a
Allentown Neighborhood Improvement Zone Development Authorit
1.83%
n/a
Utah Telecommunication Open Infrastructure Agency
1.82%
n/a
Pennsylvania Economic Development Financing Authority
1.81%
n/a
Tobacco Settlement 5 % Bonds 2018-01.06.33 Series A
1.78%
n/a
Metropolitan Washington Airports Authority Aviation Revenue
1.75%
n/a
Illinois Finance Authority
1.75%
Invest with IMSI

What is IMSI?

Invesco Municipal Strategic Income ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks current income exempt from federal income tax. The Fund seeks its investment objective by investing at least 80% of its net assets in municipal securities exempt from federal income taxes and in other instruments that have similar economic characteristics. The Fund will normally maintain a weighted average portfolio duration of less than 7.5 years.

ETFs related toIMSI

ETFs correlated to IMSI include SCMB, JMUB, MUB

IMSI
Invesco Actively Managed Exchange-Traded Fund Trust - Invesco Municipal Strategic Income ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
FMB
First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF
HTAB
Hartford Funds Exchange-Traded Trust - Hartford Schroders Tax Aware Bond ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

IMSI is a US Bonds ETF. Invesco Municipal Strategic Income ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks current income exempt from federal income tax. The Fund seeks its investment objective by investing at least 80% of its net assets in municipal securities exempt from federal income taxes and in other instruments that have similar economic characteristics. The Fund will normally maintain a weighted average portfolio duration of less than 7.5 years.

Yes, IMSI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, IMSI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IMSI is -0.0127%. This is the percent change in the value of IMSI over the most recent 1-month period. The 3-month return on IMSI is -0.0195%. This is the percent change in the value of IMSI over the most recent 3-month period.

ETFs similar to IMSI include SUB, HYD, and TFI.

ETFs correlated to IMSI include SCMB, JMUB, and MUB.

ETFs that are inversely correlated to IMSI include TTT, TBT, and TMV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.