The Invesco BulletShares 2035 Municipal Bond ETF has declared a monthly distribution of $0.0754 per share [1].

This distribution provides immediate income for shareholders holding the fund. Municipal bond ETFs are often used by investors seeking tax-advantaged income streams within a specific maturity window.

The distribution is scheduled to be payable on May 22, 2024 [3]. According to the fund's reports, the record date for the distribution was May 18, 2024 [4], which also served as the ex-dividend date [5].

Financial data associated with the fund indicates an SEC yield of 3.76% [2]. This yield figure was reported as of May 15, 2024 [1].

Investors who held shares before the ex-dividend date of May 18, 2024 [5], are eligible to receive the payment. The fund continues to operate as a targeted-maturity vehicle, focusing on municipal bonds that mature in 2035 [1].

“Monthly distribution of $0.0754 per share”

The announcement reflects the fund's role in providing predictable cash flow to investors. Because this is a 'BulletShares' ETF, it behaves more like an individual bond than a traditional diversified fund, as it targets a specific maturity year. The SEC yield of 3.76% serves as a standardized benchmark for investors to compare the fund's income potential against other municipal debt instruments.