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 09/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BAB -4.68% -3.44% -18.94% -19.27% -4.05% 0.32% 2.68%
BAB (NAV) -3.77% -3.74% -18.42% -18.88% -3.71% 0.46% 2.71%
ICE BofAML US Taxable Municipal Securities Plus Index -3.61% -3.58% -17.32% -17.79% -2.92% 0.86% 2.99%
Bloomberg Barclays Municipal Bond Index -3.53% -2.17% -11.28% -11.18% -1.51% 0.72% 1.94%
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%
$1.68B
$15.08M
0.08%

BAB Portfolio Data

8.58
--
4.16%
N/A
--

BAB Index Data

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

BAB Portfolio Management

0.28%
-0.62%
-0.14%
-1.16%

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 09/26/22
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

563,198
$15.08M
499,625
$13.54M
0.08%
$0.02
-0.19%
0.63% / -3.01%
None
100.00%
50,000
9.99
0.03%
--
101
$26.27
N/A

BAB Sector/Industry Breakdown


BAB
Segment Benchmark
76.87%
--
10.60%
--
2.87%
--
2.33%
--
2.09%
--
1.81%
--
1.68%
--
0.86%
--
0.53%
--
0.32%
--

BAB Top 10 Holdings[View All]

2.09%
1.46%
1.35%
1.23%
1.20%
1.05%
0.84%
0.83%
0.82%
0.81%
11.67%

BAB Top 5 Countries


BAB
Segment Benchmark
100.00%
--

BAB Top 5 Currencies


BAB
Segment Benchmark
100.00%
--

BAB Performance Statistics

0.18
1.07
--
--
--

BAB Holdings Statistics

13.21 years
8.58
4.16%
8.54
--
--
1.21%

BAB Avg Life Maturity Distribution

3.78%
3.88%
4.42%
7.26%
11.35%
9.34%
21.17%
18.93%
19.88%

BAB OAS Breakdown

34.29%
59.06%
4.83%
1.82%
--
--
--
--
--
--
--