Invesco Taxable Municipal Bond ETFInvesco Taxable Municipal Bond ETFInvesco Taxable Municipal Bond ETF

Invesco Taxable Municipal Bond ETF

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Key stats

Assets under management (AUM)
‪1.17 B‬USD
Fund flows (1Y)
‪−371.87 M‬USD
Dividend yield (indicated)
3.85%
Discount/Premium to NAV
0.2%

About Invesco Taxable Municipal Bond ETF

Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.28%
Home page
Inception date
Nov 17, 2009
Index tracked
ICE BofA US Taxable Municipal Securities Plus
Management style
Passive
BAB accesses specific nichetaxable municipal bondsutilizing 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.

Classification

Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.02%
Mutual fund0.97%
Cash0.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy