BAB

Invesco Taxable Municipal Bond ETF

$27.30

+0.00%

Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The Invesco Taxable Municipal Bond ETF (BAB) seeks to track the investment results of an index that provides exposure to taxable municipal bonds.

Overview

ETF tracking Invesco Taxable Municipal Bond ETF

Category Municipal Bonds

Issuer Invesco

Inception Date 2009-11-17

Market Cap $922.7M

Average Volume N/A

Dividend Yield 3.28%

52-Week Range $25.69 - $27.68

VWAP $27.33

Performance

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Investment Summary

📎 Investment Objective

The Invesco Taxable Municipal Bond ETF (BAB) seeks to track the investment results of an index that provides exposure to taxable municipal bonds.

🎯 Investment Strategy

The ETF invests primarily in taxable municipal bonds included in the ICE BofA US Taxable Municipal Securities Index. The fund seeks to replicate the performance of this index by holding a representative sample of the constituent securities.

✨ Key Features

Provides exposure to the taxable municipal bond market
Tracks the ICE BofA US Taxable Municipal Securities Index
Low expense ratio of 0.00%
Suitable for investors seeking broad municipal bond exposure

⚠️ Primary Risks

Interest rate risk: The value of municipal bonds may decline due to rising interest rates
Credit risk: The issuer of a municipal bond may default on its obligations
Liquidity risk: Taxable municipal bonds may have lower trading volume and be less liquid than other fixed-income securities
Concentration risk: The fund's performance is tied to the taxable municipal bond market and may be more volatile than a more diversified bond fund

👤 Best For

The Invesco Taxable Municipal Bond ETF may be suitable for investors seeking exposure to the taxable municipal bond market as part of a diversified fixed-income portfolio. It may be particularly attractive for investors in higher tax brackets who are looking for tax-advantaged income. However, investors should be aware of the risks associated with municipal bonds and be prepared to hold the investment for the long term.