BAB

Invesco Taxable Municipal Bond ETF
*Unless otherwise stated, data provided by FactSet.

BAB Fund Description

BAB tracks a broad index of taxable investment-grade municipal debts selected and weighted by market value.

BAB Factset Analytics Insight

BAB accesses specific niche—taxable municipal bonds—utilizing a plain-vanilla market-value selection and weighting process. BAB holds investment-grade taxable munis across all states and locales. Taxable munis generally carry higher yields than their tax-exempt counterparts, reflecting a premium for both the added tax burden and the lower liquidity typical to these securities. As such, BAB might be a good alternative for foreign investors who do not enjoy favorable tax treatment or for US investors seeking higher yield in a tax-advantaged account. BAB changed its underlying index from the BofA Merrill Lynch Build America Bond Index to the ICE BofAML US Taxable Municipal Securities Plus Index on 6/1/2017. The change materially broadened BAB's exposure to all taxable municipal securities.

PERFORMANCE [as of 11/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BAB 0.71% -1.70% 0.61% 1.25% 8.00% 6.04% 5.59%
BAB (NAV) 0.02% -2.04% -0.12% 2.19% 7.65% 4.82% 5.92%
ICE BofAML US Taxable Municipal Securities Plus Index -0.02% -2.24% 0.21% 1.32% 7.82% 5.93% 5.74%
Barclays Municipal Bond 0.67% -0.56% 1.07% 1.80% 5.18% 4.17% 3.87%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BAB Summary Data

Invesco
11/17/09
Open-Ended Fund
0.28%
$2.50B
$12.63M
0.06%

BAB Portfolio Data

9.79
--
2.25%
N/A
590

BAB Index Data

ICE BofAML US Taxable Municipal Securities Plus Index
Market Value
Market Value
Barclays Municipal Bond

BAB Portfolio Management

0.28%
-0.50%
-0.07%
-1.19%

BAB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

BAB Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

BAB Factset Analytics Block Liquidity

As of 11/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BAB. BAB is rated a N/A out of 5.

BAB Tradability

388,121
$12.63M
224,845
$7.23M
0.06%
$0.02
-0.03%
0.25% / -0.48%
None
100.00%
50,000
4.50
0.03%
--
72
$32.69
N/A

BAB Sector/Industry Breakdown


BAB
Segment Benchmark
69.54%
--
27.84%
--
1.96%
--
0.33%
--
0.32%
--

BAB Top 10 Holdings[View All]

2.07%
1.28%
0.98%
0.92%
0.91%
0.90%
0.89%
0.86%
0.76%
0.73%
10.29%

BAB Top 5 Countries


BAB
Segment Benchmark
100.00%
--

BAB Top 5 Currencies


BAB
Segment Benchmark
100.00%
--

BAB Performance Statistics

0.19
1.69
--
--
--

BAB Holdings Statistics

14.78 years
9.79
2.25%
9.73
Low
590
0.79%

BAB Avg Life Maturity Distribution

3.82%
3.79%
3.90%
4.53%
8.99%
10.45%
17.27%
21.58%
25.67%

BAB OAS Breakdown

73.33%
24.24%
2.43%
--
--
--
--
--
--
--
--