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 charges a reasonable fee for access to a 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.

BAB Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BAB 0.87% -1.29% 11.90% 15.93% 7.35% 5.82% 7.42%
BAB (NAV) 0.65% -1.33% 12.26% 14.85% 6.83% 5.83% 7.45%
BofA Merrill Lynch US Taxable Municipal Securities Plus Index 0.74% -1.17% 12.08% 14.57% 6.76% 5.82% 7.45%
Barclays Municipal Bond 0.16% -0.53% 7.02% 8.94% 4.53% 3.60% 4.36%
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%
$1.32B
$5.20M
0.06%

BAB Portfolio Data

8.62
--
3.80%
09/23/19
317

BAB Index Data

Market Value
Market Value
Barclays Municipal Bond

BAB Portfolio Management

0.28%
0.00%
0.90%
-0.29%

BAB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

BAB Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

BAB Factset Analytics Block Liquidity

As of 11/21/19
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

162,023
$5.20M
143,277
$4.55M
0.06%
$0.02
0.33%
0.61% / -0.65%
None
100.00%
50,000
2.87
0.03%
--
0
$31.97
N/A

BAB Sector/Industry Breakdown


BAB
Segment Benchmark
67.06%
--
29.65%
--
2.48%
--
0.62%
--
0.19%
--

BAB Top 10 Holdings[View All]

3.79%
2.10%
1.77%
1.65%
1.34%
1.33%
1.23%
1.22%
1.16%
18.47%

BAB Top 5 Countries


BAB
Segment Benchmark
100.00%
--

BAB Top 5 Currencies


BAB
Segment Benchmark
100.00%
--

BAB Performance Statistics

0.49
2.21
--
--
--

BAB Holdings Statistics

12.89 years
8.62
3.80%
8.55
Medium
317
0.99%

BAB Avg Life Maturity Distribution

12.31%
8.77%
1.67%
2.55%
2.97%
14.22%
11.00%
23.19%
23.31%

BAB OAS Breakdown

45.84%
47.88%
4.13%
1.97%
0.09%
0.09%
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--
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