BAB
Invesco Taxable Municipal Bond ETF
ICE BofA US Taxable Muni + TR USD
NAV as of
4 Week: 25.93 - 26.84
52 Week: 24.49 - 29.67
Latest Closing Price
26.83
Premium / Discount
-0.27
Expense Ratio
0.28%
Investment Objective
The investment seeks to track the investment results (before fees and expenses) of the ICE BofA US Taxable Municipal Securities Plus Index. The fund generally will invest at least 80% of its total assets in securities that comprise the index. The underlying index 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 4.36 | 0.67 | 6.50 |
| 1 Day | 0.60 | 0.00 | 0.00 |
| 1 Week | -0.04 | 1.33 | -0.03 |
| 1 Month | 2.29 | 3.08 | 0.74 |
| 3 Months | 3.23 | 5.24 | 0.62 |
| 6 Months | 2.72 | 8.13 | 0.33 |
| 1 Year | -9.63 | 10.68 | -0.90 |
| 2 Years | -16.81 | 12.88 | -1.30 |
| 3 Years | -9.36 | 15.84 | -0.59 |
| 5 Years | -9.60 | 26.72 | -0.36 |
| 10 Years | -11.25 | 30.61 | -0.37 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | -5.0922 | 15.6941 | 0.9195 | 5.2755 | 8.2023 | 0.6315 | 11.2607 | 9.4297 | 0.8171 | -19.3615 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 38.0000 | 27.0000 | 3.0000 | 53.0000 | 84.0000 | 9.0000 | 88.0000 | 3.0000 | 12.0000 | 18.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 12/01/2017 | 30/01/2017 | 0.1030 |
| 14/12/2016 | 29/12/2016 | 0.0970 |
| 14/08/2016 | 30/08/2016 | 0.1000 |
| 14/07/2016 | 28/07/2016 | 0.1034 |
| 14/06/2016 | 29/06/2016 | 0.1060 |
| 12/05/2016 | 30/05/2016 | 0.1065 |
| 12/02/2015 | 26/02/2015 | 0.1130 |
| 14/01/2015 | 29/01/2015 | 0.1161 |
| 14/12/2014 | 30/12/2014 | 0.1163 |
| 13/11/2014 | 27/11/2014 | 0.1167 |
Portfolio Data
Total Number of Holdings: 668
Number of Bond Holdings: 667
Number of Equity Holdings: 0
Total Market Value: 1,507,901,216
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | CALIFORNIA ST 7.6% | 3.8362 | 30,055,000 | 0 | 49,365,037 |
| 2 | UNIVERSITY CALIF REVS 4.13% | 2.1040 | 24,670,000 | 0 | 27,075,078 |
| 3 | CALIFORNIA ST 7.3% | 1.7877 | 15,160,000 | 0 | 23,004,542 |
| 4 | COMMONWEALTH FING AUTH PA REV 3.66% | 1.6564 | 20,000,000 | 0 | 21,315,200 |
| 5 | CALIFORNIA ST 7.5% | 1.3395 | 11,460,000 | 0 | 17,237,215 |
| 6 | AMERICAN MUN PWR OHIO INC REV 8.08% | 1.3360 | 9,930,000 | 0 | 17,192,405 |
| 7 | UNIVERSITY CALIF REVS 3.35% | 1.2454 | 15,000,000 | 0 | 16,026,300 |
| 8 | CALIFORNIA ST 6.51% | 1.2432 | 14,890,000 | 0 | 15,997,816 |
| 9 | ILLINOIS ST 5.56% | 1.1855 | 14,795,000 | 0 | 15,254,829 |
| 10 | PORT AUTH N Y & N J 4.93% | 1.1789 | 11,485,000 | 0 | 15,170,422 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
667
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 8.28 |
| Average Effective Maturity (Years)* | 13.09 |
| Average Credit Quality | 5.00 |
| Average Weighted Coupon* | 4.18 |
| Average Weighted Price* | 94.77 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 12.64 |
| AA | 56.94 |
| A | 24.71 |
| BBB | 5.52 |
| BB | 0.19 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 0.00 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 7.39 |
| 3 to 5 Years | 5.97 |
| 5 to 7 Years | 8.32 |
| 7 to 10 Years | 12.61 |
| 10 to 15 Years | 12.63 |
| 15 to 20 Years | 28.72 |
| 20 to 30 Years | 18.81 |
| Over 30 Years | 3.01 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.03 |
| 183 to 364 Days | 1.30 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
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