Invesco Taxable Municipal Bond ETF
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$1.48 B
Holdings in Top 10
8.8%
52 WEEK LOW AND HIGH
$26.5
$24.42
$27.24
Expenses
OPERATING FEES
Expense Ratio 0.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/26/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
BAB - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco Taxable Municipal Bond ETF
-
Fund Family NameINVESCOETF
-
Inception DateNov 17, 2009
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund generally will invest at least 80% of its total assets in securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC (the “Index Provider”) compiles, maintains and calculates 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. domestic market.
Securities eligible for inclusion in the Underlying Index must have: (i) at least 18 months to final maturity at the time of issuance, (ii) at least one year remaining term to final maturity, (iii) a fixed coupon schedule, including zero coupon bonds, and (iv) an investment grade rating (based on an average of ratings by Moody’s Investors Service, Inc. (“Moody’s”), S&P Global Ratings, a division of S&P Global Inc. (“S&P”), and Fitch Ratings, Inc. (“Fitch”)). Component securities also must have a minimum amount outstanding that varies according to the bond’s initial term to final maturity at time of issuance: maturities between 1-5 years must have at least $10 million outstanding; maturities between 5-10 years must have at least $15 million outstanding; and maturities of 10 years or more must have at least $25 million outstanding.
The Underlying Index excludes secondarily issued securities, securities issued under the Municipal Liquidity Facility or a municipal commercial paper program, Rule 144A securities and securities in legal default. However, it may include bonds eligible to participate in the Build America Bond program created under the American Recovery and Reinvestment Act of 2009 or other legislation providing for the issuance of taxable municipal securities on which the issuer receives federal support of the interest paid (“Build America Bonds”). Unlike most other municipal obligations, interest received on Build America Bonds is subject to federal and state income tax. The Underlying Index does not include bonds that, under the Build America Bond program, are eligible for tax credits. Build America Bonds must have at least $1 million outstanding to be eligible for inclusion in the Underlying Index.
The Underlying Index uses a market capitalization-weighted methodology, weighting its constituent bonds using a factor that equals their current amount outstanding multiplied by their market price, plus accrued interest.
As of October 31, 2023, the Underlying Index was comprised of 5,084constituents.
The Fund does not purchase all of the securities in the Underlying Index; instead, the Fund utilizes a “sampling” methodology to seek to achieve its investment objective.
Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.
BAB - Performance
Return Ranking - Trailing
Period | BAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | BAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | BAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
BAB - Holdings
Concentration Analysis
BAB | Category Low | Category High | BAB % Rank | |
---|---|---|---|---|
Net Assets | 1.48 B | N/A | N/A | N/A |
Number of Holdings | 703 | N/A | N/A | N/A |
Net Assets in Top 10 | 133 M | N/A | N/A | N/A |
Weighting of Top 10 | 8.78% | N/A | N/A | N/A |
Top 10 Holdings
- California (State of), Series 2009, GO Bonds 1.37%
- California (State of), Series 2009, GO Bonds 1.14%
- California (State of), Series 2009, GO Bonds 1.10%
- University of California, Series 2020 BG, RB 0.81%
- University of California, Series 2019 BD, RB 0.80%
- Texas (State of) Transportation Commission State Highway Fund, Series 2010 B, RB 0.78%
- Invesco Government Agency Portfolio, Institutional Class 0.77%
- American Municipal Power, Inc. (Combined Hydroelectric), Series 2010 B, RB 0.69%
- California (State of), Series 2009, GO Bonds 0.66%
- Board of Regents of the University of Texas System, Series 2010 C, RB 0.65%
Asset Allocation
Weighting | Return Low | Return High | BAB % Rank | |
---|---|---|---|---|
Bonds | 98.06% | N/A | N/A | N/A |
Cash | 1.94% | N/A | N/A | N/A |
Stocks | 0.00% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | BAB % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.77% | N/A | N/A | N/A |
Derivative | 0.00% | N/A | N/A | N/A |
Securitized | 0.00% | N/A | N/A | N/A |
Corporate | 0.00% | N/A | N/A | N/A |
Municipal | 0.00% | N/A | N/A | N/A |
Government | 0.00% | N/A | N/A | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BAB % Rank | |
---|---|---|---|---|
US | 98.06% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
BAB - Expenses
Operational Fees
BAB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.28% | N/A | N/A | N/A |
Management Fee | 0.28% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
BAB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | 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 | N/A | N/A | N/A | N/A |
BAB - Distributions
Dividend Yield Analysis
BAB | Category Low | Category High | BAB % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | N/A | N/A | N/A |
Dividend Distribution Analysis
BAB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
Net Income Ratio Analysis
BAB | Category Low | Category High | BAB % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
BAB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 26, 2024 | $0.083 | OrdinaryDividend |
Dec 22, 2023 | $0.086 | OrdinaryDividend |
Nov 24, 2023 | $0.086 | OrdinaryDividend |
Oct 27, 2023 | $0.086 | OrdinaryDividend |
Sep 22, 2023 | $0.083 | OrdinaryDividend |
Aug 25, 2023 | $0.083 | OrdinaryDividend |
Jul 28, 2023 | $0.081 | OrdinaryDividend |
Jun 23, 2023 | $0.081 | OrdinaryDividend |
May 26, 2023 | $0.081 | OrdinaryDividend |
Apr 28, 2023 | $0.080 | OrdinaryDividend |
Mar 24, 2023 | $0.079 | OrdinaryDividend |
Feb 24, 2023 | $0.079 | OrdinaryDividend |
Jan 27, 2023 | $0.079 | OrdinaryDividend |
Dec 23, 2022 | $0.077 | OrdinaryDividend |
Nov 25, 2022 | $0.077 | OrdinaryDividend |
Oct 28, 2022 | $0.075 | OrdinaryDividend |
Sep 23, 2022 | $0.074 | OrdinaryDividend |
Aug 26, 2022 | $0.073 | OrdinaryDividend |
Jul 22, 2022 | $0.073 | OrdinaryDividend |
Jun 30, 2022 | $0.073 | OrdinaryDividend |
May 31, 2022 | $0.072 | OrdinaryDividend |
Apr 29, 2022 | $0.071 | OrdinaryDividend |
Mar 31, 2022 | $0.071 | OrdinaryDividend |
Feb 28, 2022 | $0.069 | OrdinaryDividend |
Jan 31, 2022 | $0.069 | OrdinaryDividend |
Dec 31, 2021 | $0.070 | OrdinaryDividend |
Nov 30, 2021 | $0.072 | OrdinaryDividend |
Oct 29, 2021 | $0.073 | OrdinaryDividend |
Sep 30, 2021 | $0.073 | OrdinaryDividend |
Aug 31, 2021 | $0.072 | OrdinaryDividend |
Jul 30, 2021 | $0.072 | OrdinaryDividend |
Jun 30, 2021 | $0.072 | OrdinaryDividend |
May 28, 2021 | $0.073 | OrdinaryDividend |
Apr 30, 2021 | $0.073 | OrdinaryDividend |
Mar 31, 2021 | $0.073 | OrdinaryDividend |
Feb 26, 2021 | $0.072 | OrdinaryDividend |
Jan 29, 2021 | $0.071 | OrdinaryDividend |
Dec 31, 2020 | $0.072 | OrdinaryDividend |
Nov 30, 2020 | $0.070 | OrdinaryDividend |
Oct 30, 2020 | $0.069 | OrdinaryDividend |
Sep 30, 2020 | $0.067 | OrdinaryDividend |
Aug 31, 2020 | $0.065 | OrdinaryDividend |
Jul 31, 2020 | $0.089 | OrdinaryDividend |
Jun 30, 2020 | $0.092 | OrdinaryDividend |
May 29, 2020 | $0.094 | OrdinaryDividend |
Apr 30, 2020 | $0.095 | OrdinaryDividend |
Mar 31, 2020 | $0.093 | OrdinaryDividend |
Feb 28, 2020 | $0.092 | OrdinaryDividend |
Jan 31, 2020 | $0.094 | OrdinaryDividend |
Dec 31, 2019 | $0.095 | OrdinaryDividend |
Nov 29, 2019 | $0.095 | OrdinaryDividend |
Oct 31, 2019 | $0.097 | OrdinaryDividend |
Sep 30, 2019 | $0.097 | OrdinaryDividend |
Aug 30, 2019 | $0.091 | OrdinaryDividend |
Jul 31, 2019 | $0.099 | OrdinaryDividend |
Jun 28, 2019 | $0.099 | OrdinaryDividend |
May 31, 2019 | $0.106 | OrdinaryDividend |
Apr 30, 2019 | $0.104 | OrdinaryDividend |
Mar 29, 2019 | $0.105 | OrdinaryDividend |
Feb 28, 2019 | $0.103 | OrdinaryDividend |
Jan 31, 2019 | $0.104 | OrdinaryDividend |
Dec 31, 2018 | $0.105 | OrdinaryDividend |
Nov 30, 2018 | $0.105 | OrdinaryDividend |
Oct 31, 2018 | $0.105 | OrdinaryDividend |
Sep 28, 2018 | $0.105 | OrdinaryDividend |
Aug 31, 2018 | $0.103 | OrdinaryDividend |
Jul 31, 2018 | $0.105 | OrdinaryDividend |
Jun 29, 2018 | $0.105 | OrdinaryDividend |
May 31, 2018 | $0.102 | OrdinaryDividend |
Apr 30, 2018 | $0.104 | OrdinaryDividend |
Mar 29, 2018 | $0.104 | OrdinaryDividend |
Feb 28, 2018 | $0.102 | OrdinaryDividend |
Jan 31, 2018 | $0.101 | OrdinaryDividend |
Dec 29, 2017 | $0.093 | OrdinaryDividend |
Nov 30, 2017 | $0.102 | OrdinaryDividend |
Oct 31, 2017 | $0.099 | OrdinaryDividend |
Sep 29, 2017 | $0.098 | OrdinaryDividend |
Aug 31, 2017 | $0.100 | OrdinaryDividend |
Jul 31, 2017 | $0.100 | OrdinaryDividend |
Jun 30, 2017 | $0.103 | OrdinaryDividend |
May 31, 2017 | $0.105 | OrdinaryDividend |
Apr 28, 2017 | $0.104 | OrdinaryDividend |
Mar 31, 2017 | $0.105 | OrdinaryDividend |
Feb 28, 2017 | $0.103 | OrdinaryDividend |
Jan 31, 2017 | $0.103 | OrdinaryDividend |
Dec 30, 2016 | $0.097 | OrdinaryDividend |
Nov 30, 2016 | $0.097 | OrdinaryDividend |
Oct 31, 2016 | $0.094 | OrdinaryDividend |
Sep 30, 2016 | $0.096 | OrdinaryDividend |
Aug 31, 2016 | $0.100 | OrdinaryDividend |
Jul 29, 2016 | $0.103 | OrdinaryDividend |
Jun 30, 2016 | $0.106 | OrdinaryDividend |
May 31, 2016 | $0.107 | OrdinaryDividend |
Apr 29, 2016 | $0.108 | OrdinaryDividend |
Mar 31, 2016 | $0.109 | OrdinaryDividend |
Feb 29, 2016 | $0.109 | OrdinaryDividend |
Jan 29, 2016 | $0.115 | OrdinaryDividend |
Dec 31, 2015 | $0.114 | OrdinaryDividend |
Nov 30, 2015 | $0.114 | OrdinaryDividend |
Oct 30, 2015 | $0.109 | OrdinaryDividend |
Sep 30, 2015 | $0.109 | OrdinaryDividend |
Aug 31, 2015 | $0.115 | OrdinaryDividend |
Jul 31, 2015 | $0.115 | OrdinaryDividend |
Jun 30, 2015 | $0.115 | OrdinaryDividend |
May 29, 2015 | $0.114 | OrdinaryDividend |
Apr 30, 2015 | $0.115 | OrdinaryDividend |
Mar 31, 2015 | $0.115 | OrdinaryDividend |
Feb 27, 2015 | $0.113 | OrdinaryDividend |
Jan 30, 2015 | $0.116 | OrdinaryDividend |
Dec 31, 2014 | $0.116 | OrdinaryDividend |
Nov 28, 2014 | $0.117 | OrdinaryDividend |
Oct 31, 2014 | $0.113 | OrdinaryDividend |
Sep 30, 2014 | $0.112 | OrdinaryDividend |
Aug 29, 2014 | $0.115 | OrdinaryDividend |
Jul 31, 2014 | $0.117 | OrdinaryDividend |
Jun 30, 2014 | $0.116 | OrdinaryDividend |
May 30, 2014 | $0.116 | OrdinaryDividend |
Apr 30, 2014 | $0.119 | OrdinaryDividend |
Mar 31, 2014 | $0.119 | OrdinaryDividend |
Feb 28, 2014 | $0.119 | OrdinaryDividend |
Jan 31, 2014 | $0.119 | OrdinaryDividend |
Dec 31, 2013 | $0.119 | OrdinaryDividend |
Nov 29, 2013 | $0.119 | OrdinaryDividend |
Oct 31, 2013 | $0.115 | OrdinaryDividend |
Sep 30, 2013 | $0.116 | OrdinaryDividend |
Aug 30, 2013 | $0.118 | OrdinaryDividend |
Jul 31, 2013 | $0.119 | OrdinaryDividend |
Jun 28, 2013 | $0.116 | OrdinaryDividend |
May 31, 2013 | $0.117 | OrdinaryDividend |
Apr 30, 2013 | $0.121 | OrdinaryDividend |
Mar 28, 2013 | $0.120 | OrdinaryDividend |
Feb 28, 2013 | $0.117 | OrdinaryDividend |
Jan 31, 2013 | $0.118 | OrdinaryDividend |
Dec 31, 2012 | $0.119 | OrdinaryDividend |
Nov 30, 2012 | $0.122 | OrdinaryDividend |
Oct 31, 2012 | $0.107 | OrdinaryDividend |
Sep 28, 2012 | $0.139 | OrdinaryDividend |
Aug 31, 2012 | $0.125 | OrdinaryDividend |
Jul 31, 2012 | $0.120 | OrdinaryDividend |
Jun 29, 2012 | $0.119 | OrdinaryDividend |
May 31, 2012 | $0.123 | OrdinaryDividend |
Apr 30, 2012 | $0.125 | OrdinaryDividend |
Mar 30, 2012 | $0.125 | OrdinaryDividend |
Feb 29, 2012 | $0.124 | OrdinaryDividend |
Jan 31, 2012 | $0.123 | OrdinaryDividend |
Dec 30, 2011 | $0.122 | OrdinaryDividend |
Nov 30, 2011 | $0.123 | OrdinaryDividend |
Oct 31, 2011 | $0.120 | OrdinaryDividend |
Sep 30, 2011 | $0.126 | OrdinaryDividend |
Aug 31, 2011 | $0.126 | OrdinaryDividend |
Jul 29, 2011 | $0.125 | OrdinaryDividend |
Jun 30, 2011 | $0.126 | OrdinaryDividend |
May 31, 2011 | $0.127 | OrdinaryDividend |
Apr 29, 2011 | $0.127 | OrdinaryDividend |
Mar 31, 2011 | $0.125 | OrdinaryDividend |
Feb 28, 2011 | $0.122 | OrdinaryDividend |
Jan 31, 2011 | $0.126 | OrdinaryDividend |
Dec 31, 2010 | $0.125 | OrdinaryDividend |
Nov 30, 2010 | $0.115 | OrdinaryDividend |
Oct 29, 2010 | $0.116 | OrdinaryDividend |
Sep 30, 2010 | $0.116 | OrdinaryDividend |
Aug 31, 2010 | $0.121 | OrdinaryDividend |
Jul 30, 2010 | $0.123 | OrdinaryDividend |
Jun 30, 2010 | $0.124 | OrdinaryDividend |
May 28, 2010 | $0.129 | OrdinaryDividend |
Apr 30, 2010 | $0.125 | OrdinaryDividend |
Mar 31, 2010 | $0.130 | OrdinaryDividend |
Feb 26, 2010 | $0.126 | OrdinaryDividend |
Jan 29, 2010 | $0.127 | OrdinaryDividend |