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BAB
Invesco Taxable Municipal Bond ETF

Price: $32.28
Change: $0.1 (0.0%)
Category: National Munis
Last Updated:

Vitals

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $28.22
  • 52 Week Hi $32.66
  • AUM $1,414.2 M
  • Shares 44.0 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume 222,043
  • 3 Month Avg. Volume 172,665

Alternative ETFs in the National Munis Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest MUB 0.07% $16.2 B 874,462 1.21%
Largest (AUM) MUB 0.07% $16.2 B 874,462 1.21%
Most Liquid (Volume) VTEB 0.08% $7.2 B 886,571 1.27%
Top YTD Performer HYMB 0.35% $1.0 B 138,338 1.80%

Top 10 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

Number of Holdings
317
Low: OVM (2)
Rank:
% Assets in Top 10
16.90%
Rank:
% Assets in Top 15
22.21%
Rank:
% Assets in Top 50
48.81%
Rank:
317
Number of Holdings
16.90%
% Assets in Top 10
22.21%
% Assets in Top 15
48.81%
% Assets in Top 50

317
Number of Holdings
16.90%
% Assets in Top 10
22.21%
% Assets in Top 15
48.81%
% Assets in Top 50
Number of Holdings
317

% Assets in Top 10
16.90%

% Assets in Top 15
22.21%

% Assets in Top 50
48.81%

Sector Breakdown

Asset Percentage
Municipal debt 96.95%
ETF Cash Component 1.89%
Corporate debt 1.16%
Bond Sector Percentage
Municipal 96.95%
ETF Cash Component 1.89%
Corporate 1.16%
Bond Sector Percentage
Municipal Build America Bond 65.31%
Municipal Bond 31.36%
Corporate Bond 1.16%
Other 2.17%
Coupon Range Percentage
0% to 1% 0.0%
1% to 2% 2.67%
2% to 3% 3.46%
3% to 4% 15.25%
4% to 5% 14.28%
5% to 6% 17.07%
6% to 7% 27.49%
7% to 8% 16.41%
8% to 9% 1.41%
9% to 10% 0.06%
Greater Than 10% 0.0%
ETF Cash Component 1.89%
Credit Percentage
AAA 7.15%
AA 44.46%
A 36.6%
BBB 6.4%
BB 1.37%
B 0.72%
Below B 0.0%
Not Rated 0.39%
ETF Cash Component 1.89%
Rating Unknown 1.03%
Maturity Percentage
Less Than 1 Year 0.64%
1-3 Years 2.93%
3-5 Years 2.64%
5-7 Years 1.88%
7-10 Years 7.49%
10-15 Years 15.18%
15-20 Years 22.71%
20-30 Years 34.91%
30+ Years 9.73%
ETF Cash Component 1.89%
Asset Percentage
Municipal debt 96.95%
ETF Cash Component 1.89%
Corporate debt 1.16%

BAB Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
No Ranking Available
Low: N/A
High: N/A
Rank:
N/A
P/E Ratio
No Ranking Available
Rank
N/A
Low
N/A
High
N/A

BAB Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.09
Dividend Date
2020-01-21
Annual Dividend Rate
$1.19

$0.09
Dividend
2020-01-21
Dividend Date
$1.19
Annual Dividend Rate
Annual Dividend Yield
3.69%
Rank:
Annual Dividend Yield
3.69%

BAB Fund Flows

This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for BAB on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the National Munis with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- n/a
Expenses B- n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

Analyst Report

BAB will offer exposure to an index which is designed to track the performance of U.S. dollar-denominated Build America Bonds publicly issued by U.S. states and territories, and their political subdivisions, in the U.S. market. Unlike most municipal bonds, Build America Bonds are taxable securities, eliminating one of the advantages that has traditionally allowed municipalities to issue debt at lower rates than otherwise comparable corporate debt. Here?s the unique element of Build America Bonds: the U.S. Treasury makes a payment to the issuers of direct-payment Build America Bonds equal to 35% of the total interest payable to investors. So if a municipality issues a $100 million Build America Bond with a taxable coupon of 10%, the issuer would make an annual interest payment to investors of $10 million and would receive a $3.5 million payment from the Treasury, resulting in an effective interest rate of 6.5%. BAB invests primarily in investment grade debts, giving investors safety during unstable markets, and with an average coupon rate above 5%, the ETF will also offer and attractive yield.

BAB Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.544%
ETF Wtd. Average
0.19%
Category Average
0.26%
ESG Themes and Scores

BAB does not have an ESG score. There are no ESG themes that map to this ETF.

BAB Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

1 Week Return
0.72%
Rank:
4 Week Return
1.86%
Rank:
13 Week Return
2.15%
Rank:
26 Week Return
4.86%
Rank:
Year to Date Return
2.22%
Rank:
1 Year Return
14.03%
Rank:
3 Year Return
25.13%
Rank:
5 Year Return
28.79%
Rank:
0.72%
1 Week Return
1.86%
4 Week Return
2.15%
13 Week Return
4.86%
26 Week Return
2.22%
Year to Date Return
14.03%
1 Year Return
25.13%
3 Year Return
28.79%
5 Year Return

0.72%
1 Week Return
1.86%
4 Week Return
2.15%
13 Week Return
4.86%
26 Week Return
2.22%
Year to Date Return
14.03%
1 Year Return
25.13%
3 Year Return
28.79%
5 Year Return
1 Week Return
0.72%

4 Week Return
1.86%

13 Week Return
2.15%

26 Week Return
4.86%

Year to Date Return
2.22%

1 Year Return
14.03%

3 Year Return
25.13%

5 Year Return
28.79%

BAB Charts

BAB Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

Technicals

  • 20 Day MA $31.88
  • 60 Day MA $31.74
  • MACD 15 Period 0.33
  • MACD 100 Period 0.48
  • Williams % Range 10 Day 8.69
  • Williams % Range 20 Day 7.32
  • RSI 10 Day 74
  • RSI 20 Day 64
  • RSI 30 Day 60
  • Ultimate Oscillator 73

Bollinger Brands

  • Lower Bollinger (10 Day) $31.69
  • Upper Bollinger (10 Day) $32.32
  • Lower Bollinger (20 Day) $31.50
  • Upper Bollinger (20 Day) $32.24
  • Lower Bollinger (30 Day) $31.45
  • Upper Bollinger (30 Day) $32.17

Support & Resistance

  • Support Level 1 $32.24
  • Support Level 2 $32.20
  • Resistance Level 1 $32.33
  • Resistance Level 2 $32.38

Stochastic

  • Stochastic Oscillator %D (1 Day) 64.23
  • Stochastic Oscillator %D (5 Day) 86.39
  • Stochastic Oscillator %K (1 Day) 76.29
  • Stochastic Oscillator %K (5 Day) 83.33

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

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