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Trending ETFs

Invesco Taxable Municipal Bond ETF

etf
BAB
Dividend policy
Active
Price as of:
$33.67 +0.18 +0%
primary theme
U.S. Long-Term Bond Duration
BAB (ETF)

Invesco Taxable Municipal Bond ETF

Dividend policy
Active
Price as of:
$33.67 +0.18 +0%
primary theme
U.S. Long-Term Bond Duration
BAB (ETF)

Invesco Taxable Municipal Bond ETF

Dividend policy
Active
Price as of:
$33.67 +0.18 +0%
primary theme
U.S. Long-Term Bond Duration

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$33.67

-

2.56%

$0.86

0.28%

Vitals

YTD Return

0.3%

1 yr return

3.1%

3 Yr Avg Return

7.7%

5 Yr Avg Return

4.9%

Net Assets

$2.37 B

Holdings in Top 10

9.5%

52 WEEK LOW AND HIGH

$33.49
$31.84
$33.84

Expenses

OPERATING FEES

Expense Ratio 0.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 18.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Long-Term Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$33.67

-

2.56%

$0.86

0.28%

BAB - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 7.7%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.32%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Taxable Municipal Bond ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Nov 17, 2009
  • Shares Outstanding
    70500000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hubbard

Fund Description

The fund generally will invest at least 80% of its total assets in securities that comprise the index. ICE Data Indices, LLC, oversees the underlying index, which is designed to measure 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.


BAB - Performance

Return Ranking - Trailing

Period BAB Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -78.3% 3.6% 10.74%
1 Yr 3.1% -19.3% 10.6% 73.79%
3 Yr 7.7%* -4.3% 12.6% 57.93%
5 Yr 4.9%* -2.0% 7.7% 64.96%
10 Yr 6.4%* 0.2% 9.0% 66.85%

* Annualized

Return Ranking - Calendar

Period BAB Return Category Return Low Category Return High Rank in Category (%)
2020 5.8% -73.4% 12.2% 19.66%
2019 6.7% -61.5% 19.0% 42.22%
2018 -3.3% -24.0% 3.0% 15.91%
2017 5.5% -28.2% 9.7% 26.37%
2016 0.3% -32.2% 6.9% 56.16%

Total Return Ranking - Trailing

Period BAB Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -78.3% 3.6% 15.58%
1 Yr 3.1% -21.4% 9.5% 14.02%
3 Yr 7.7%* -5.2% 12.6% 36.90%
5 Yr 4.9%* -2.5% 7.2% 41.51%
10 Yr 6.4%* -0.1% 9.0% 42.78%

* Annualized

Total Return Ranking - Calendar

Period BAB Return Category Return Low Category Return High Rank in Category (%)
2020 5.8% -73.4% 12.2% 19.66%
2019 6.7% -61.5% 19.0% 42.22%
2018 -3.3% -24.0% 3.0% 15.91%
2017 5.5% -13.4% 9.9% 26.81%
2016 0.3% -32.2% 7.3% 56.65%

BAB - Holdings

Concentration Analysis

BAB Category Low Category High BAB % Rank
Net Assets 2.37 B 12.7 M 21.4 B 46.34%
Number of Holdings 611 1 3072 4.81%
Net Assets in Top 10 223 M 5.88 K 1.6 B 3.35%
Weighting of Top 10 9.48% 3.0% 100.0% 98.12%

Top 10 Holdings

  1. ALLEGHENY CNTY PA 2.34% 1.50%
  2. CALIFORNIA ST 7.55% 1.38%
  3. UNIVERSITY CALIF REVS 4.13% 1.20%
  4. COMMONWEALTH FING AUTH PA REV 3.66% 0.98%
  5. CALIFORNIA ST 7.3% 0.98%
  6. PORT AUTH N Y & N J 1.09% 0.97%
  7. FORT LAUDERDALE FLA SPL OBLIG 0.75% 0.97%
  8. PUBLIC FIN AUTH WIS HOSP REV 3.09% 0.94%
  9. DALLAS FORT WORTH TEX INTL ARPT REV 2.92% 0.91%
  10. MASSACHUSETTS ST 0.28% 0.90%

Asset Allocation

Weighting Return Low Return High BAB % Rank
Bonds
99.04% 64.69% 163.90% 91.63%
Cash
0.96% -69.14% 28.17% 5.65%
Stocks
0.00% 0.00% 15.90% 99.16%
Preferred Stocks
0.00% 0.00% 19.30% 99.16%
Other
0.00% -0.88% 20.34% 98.12%
Convertible Bonds
0.00% 0.00% 6.78% 99.37%

Bond Sector Breakdown

Weighting Return Low Return High BAB % Rank
Municipal
96.81% 0.00% 100.00% 32.85%
Corporate
2.23% 0.00% 100.00% 66.53%
Cash & Equivalents
0.96% 0.00% 28.17% 6.90%
Derivative
0.00% 0.00% 28.18% 98.95%
Securitized
0.00% 0.00% 20.32% 99.37%
Government
0.00% 0.00% 45.67% 99.37%

Bond Geographic Breakdown

Weighting Return Low Return High BAB % Rank
US
99.04% 64.33% 141.80% 41.00%
Non US
0.00% 0.00% 35.56% 99.58%

BAB - Expenses

Operational Fees

BAB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.28% 0.04% 2.88% 33.47%
Management Fee 0.28% 0.04% 1.10% 40.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.40% N/A

Sales Fees

BAB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load N/A 1.00% 4.90% N/A

Trading Fees

BAB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BAB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 9.00% 294.00% 17.07%

BAB - Distributions

Dividend Yield Analysis

BAB Category Low Category High BAB % Rank
Dividend Yield 2.56% 0.00% 19.86% 16.11%

Dividend Distribution Analysis

BAB Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

BAB Category Low Category High BAB % Rank
Net Income Ratio 3.32% 2.41% 5.88% 48.78%

Capital Gain Distribution Analysis

BAB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

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BAB - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Nov 17, 2009

11.79

11.8%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Philip Fang


Start Date

Tenure

Tenure Rank

Nov 17, 2009

11.79

11.8%

Philip Fang is Portfolio Manager of Invesco Capital Management LLC, has been responsible for certain Funds in the Trust since July 2010 and has been associated with Invesco Capital Management since 2007.

Gary Jones


Start Date

Tenure

Tenure Rank

Jan 31, 2012

9.59

9.6%

Gary Jones is a Portfolio Manager of Invesco PowerShares Capital Management LLC and has been one of the Portfolio Managers primarily responsible for the day-to-day management of the Funds since January 2012. Mr. Jones has been a Portfolio Manager of the Adviser since December 2010. Previously, he was a Portfolio Manager of Van Kampen Investments from 2007 to 2009.

Jeremy Neisewander


Start Date

Tenure

Tenure Rank

Dec 20, 2019

1.7

1.7%

Jeremy Neisewander, Portfolio Manager of Invesco Capital Management LLC. Prior to that, Mr. Neisewander is a Portfolio Manager and Vice President of Guggenheim Investments and joined Guggenheim Investments in May 2014. Mr. Neisewander is a member of the ETF Portfolio Management team. Prior to joining Guggenheim Investments, Mr. Neisewander held Analyst and Portfolio Management roles within the multi-asset team at UBS Global Asset Management from 2005 to 2014. Prior to his time at UBS, Mr. Neisewander focused on the development and implementation of asset allocation models while a Senior Analyst at Ibbotson Associates. Mr. Neisewander holds an MBA and B.S. degree in Finance from the Roosevelt University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 16.68 7.21 5.51