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 07/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BAB 1.67% 3.72% 0.97% 3.33% 7.70% 4.87% 6.72%
BAB (NAV) 2.01% 3.81% 1.22% 3.04% 7.67% 4.97% 6.67%
BofA Merrill Lynch US Taxable Municipal Securities Plus Index 1.96% 3.71% 2.09% 4.17% 8.28% 5.29% 7.02%
Barclays Municipal Bond 0.79% 1.21% 1.85% 3.73% 5.22% 3.46% 4.28%
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%
$2.37B
$8.73M
0.06%

BAB Portfolio Data

9.77
--
2.54%
N/A
564

BAB Index Data

Market Value
Market Value
Barclays Municipal Bond

BAB Portfolio Management

0.28%
-1.07%
-0.57%
-1.94%

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 07/23/21
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

264,249
$8.73M
209,364
$6.84M
0.06%
$0.02
0.04%
0.35% / -0.84%
None
100.00%
50,000
4.19
0.03%
--
1
$33.64
N/A

BAB Sector/Industry Breakdown


BAB
Segment Benchmark
68.53%
--
28.91%
--
1.91%
--
0.33%
--
0.31%
--

BAB Top 10 Holdings[View All]

2.13%
1.72%
1.36%
0.98%
0.96%
0.96%
0.95%
0.92%
0.89%
0.80%
11.66%

BAB Top 5 Countries


BAB
Segment Benchmark
100.00%
--

BAB Top 5 Currencies


BAB
Segment Benchmark
100.00%
--

BAB Performance Statistics

0.17
1.45
--
--
--

BAB Holdings Statistics

15.01 years
9.77
2.54%
9.72
Low
564
0.82%

BAB Avg Life Maturity Distribution

3.66%
3.74%
3.90%
5.34%
6.85%
10.37%
16.39%
22.98%
26.76%

BAB OAS Breakdown

71.90%
22.78%
4.52%
0.80%
--
--
--
--
--
--
--