Invesco Taxable Municipal Bond ETF (BAB)

32.02 +0.11  +0.34% NYSE Arca Dec 9, 13:06 Delayed 2m USD
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Key Stats

Net Asset Value 31.80
Discount or Premium to NAV 0.35%
Turnover Ratio 7.00%
1 Year Fund Level Flows 397.32M

Performance & Returns

  Total Return (Price) Total Return (NAV) Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 0.55% 0.39% 0.86% 85
3M -1.80% -1.78% -0.85% 81
6M 4.09% 4.19% 8.58% 85
YTD 11.36% 11.66% 19.14% 86
1Y 13.63% 12.87% 20.43% 86
3Y 7.18% 6.77% 8.23% 86
5Y 5.65% 5.57% 5.89% 65
10Y 7.50% 7.47% 7.34% 58
15Y -- -- 6.32% --
20Y -- -- 6.94% --
As of Dec. 6, 2019. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 3.24% 3.24% 0.00%
Stock 0.00% 0.00% 0.00%
Bond 96.76% 96.76% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of Dec. 8, 2019

Region Exposure

Americas 100.0%
North America 100.0%
Latin America 0.00%
Greater Europe 0.00%
United Kingdom 0.00%
Europe Developed 0.00%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of Dec. 8, 2019. Region breakdown data is calculated by using the long position holdings of the portfolio.

BAB Bond Exposure

Government 0.09%
Corporate 0.59%
Securitized 0.00%
Municipal 96.07%
Cash 3.24%
Derivative 0.00%
As of Dec. 8, 2019

BAB Bond Credit Quality Exposure

AAA 9.58%
AA 53.36%
A 27.29%
BBB 8.81%
BB 0.83%
B 0.00%
Below B 0.00%
As of Sept. 30, 2019

BAB Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.00%
183 to 364 Days 0.48%
1 to 3 Years 3.20%
3 to 5 Years 2.42%
5 to 7 Years 2.07%
7 to 10 Years 7.52%
10 to 15 Years 16.58%
15 to 20 Years 23.03%
20 to 30 Years 33.29%
Over 30 Years 11.41%
As of Dec. 8, 2019
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- CALIFORNIA ST 7.6% 3.77% -- --
-- UNIVERSITY CALIF REVS 4.13% 2.07% -- --
-- CALIFORNIA ST 7.3% 1.76% -- --
-- COMMONWEALTH FING AUTH PA REV 3.66% 1.63% -- --
-- CALIFORNIA ST 7.5% 1.32% -- --
-- AMERICAN MUN PWR OHIO INC REV 8.08% 1.31% -- --
-- UNIVERSITY CALIF REVS 3.35% 1.22% -- --
-- CALIFORNIA ST 6.51% 1.21% -- --
-- ILLINOIS ST 5.56% 1.16% -- --
-- PORT AUTH N Y & N J 4.93% 1.14% -- --
As of Dec. 8, 2019
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Basic Info

Investment Strategy
The investment seeks to track the investment results (before fees and expenses) of the ICE BofAML US Taxable Municipal Securities Plus Index (the "underlying index"). The fund generally will invest at least 80% of its total assets in taxable municipal securities that comprise the underlying index. The underlying index is designed to track the performance of U.S. dollar-denominated taxable municipal debt publicly issued by U.S. states and territories, and their political subdivisions, in the U.S. market.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Extensive Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Long-Term Bond
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name Invesco
Benchmark Index
ICE BofAML US Taxable Muni + TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Gary Jones 7.75 yrs
Jeffrey Kernagis 9.96 yrs
Peter Hubbard 9.96 yrs
Philip Fang 9.96 yrs
Richard Ose 5.67 yrs

Net Fund Flows

1M 17.56M
3M 56.31M
6M 216.95M
YTD 387.00M
1Y 397.32M
3Y 227.55M
5Y 558.93M
10Y 1.170B
As of Nov. 30, 2019

Risk Info

Beta (5Y) 1.748
Max Drawdown (All) 12.13%
Historical Sharpe Ratio (10Y) 1.097
Historical Sortino (All) 1.176
30-Day Rolling Volatility 7.52%
Daily Value at Risk (VaR) 1% (All) 1.22%
Monthly Value at Risk (VaR) 1% (All) 4.86%

Fundamentals

Dividend Yield TTM (12-9-19) 3.76%
30-Day SEC Yield (10-31-19) 2.76%
7-Day SEC Yield --
Current Yield 4.52%
Yield to Maturity 3.77%
Effective Duration 8.552
Average Coupon 5.55%
Average Credit Score 6.00 (A)
Average Price 123.00
Number of Holdings 317
As of Dec. 8, 2019

Comparables

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Attributes

Key Dates
Inception Date 11/17/2009
Termination Date
Last Annual Report Date 8/31/2019
Last Prospectus Date 12/28/2018
Attributes
Exchange Traded Share Yes
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund Yes
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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