Invesco Taxable Municipal Bond ETF

ICE BofA US Taxable Muni + TR USD

NAV as of 12-Jun-2024


4 Week: 25.99 - 26.76

52 Week: 24.42 - 27.27

Latest Closing Price


Premium / Discount


Expense Ratio


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

Fund Manager:
Asset Under Management:
Launch Date:
Asset Class:
Fixed Income
Replication Method:
Number of Holdings:
Trading Currency:
Long Term Medium Quality
N.A / N.A / Long Term


Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
1 Day0.750.000.00
1 Week0.531.430.37
1 Month2.142.250.95
3 Months0.343.560.09
6 Months0.565.480.10
1 Year1.599.140.17
2 Years-0.6313.97-0.05
3 Years-19.0116.21-1.17
5 Years-14.4528.13-0.51
10 Years-8.2331.12-0.26

Price History


Annual Performance Return

Price (%) 15.69410.91955.27558.20230.631511.26079.42970.8171-19.36158.4668
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 27.00003.000053.000084.00009.000088.00003.000012.000018.000067.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit

Portfolio Data

Total Number of Holdings: 647

Number of Bond Holdings: 646

Number of Equity Holdings: 0

Total Market Value: 1,168,468,038

Portfolio Composition

Top 10 Holdings

% Portfolio Weight Shares Owned Shares Changed Market Value
1CALIFORNIA ST 7.6%3.836230,055,000049,365,037
2UNIVERSITY CALIF REVS 4.13%2.104024,670,000027,075,078
3CALIFORNIA ST 7.3%1.787715,160,000023,004,542
4COMMONWEALTH FING AUTH PA REV 3.66%1.656420,000,000021,315,200
5CALIFORNIA ST 7.5%1.339511,460,000017,237,215
6AMERICAN MUN PWR OHIO INC REV 8.08%1.33609,930,000017,192,405
7UNIVERSITY CALIF REVS 3.35%1.245415,000,000016,026,300
8CALIFORNIA ST 6.51%1.243214,890,000015,997,816
9ILLINOIS ST 5.56%1.185514,795,000015,254,829
10PORT AUTH N Y & N J 4.93%1.178911,485,000015,170,422

Country Exposure

Regional Exposure


Greater Europe

Greater Asia

Market Classification

Market Capitalization

Size% of portfolio

Equity Style Box Breakdown


Value Measures

Price/Prospective Earnings*






Price/Cash Flow*


Dividend Yield*


Growth Measures

Long-Term Earnings


Historical Earnings


Sales Growth


Cash-Flow Growth


Book-Value Growth


*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings


Bond Statitics

Average Effective Duration7.82
Average Effective Maturity (Years)*12.61
Average Credit Quality5.00
Average Weighted Coupon*4.40
Average Weighted Price*93.62

Bond Style Box Breakdown

Interest-Rate Sensitivity

Credit Quality

Type% Bonds
Below B0.00
Not Rated0.00

Bond Sector

% Bonds

Bond Maturity

% Bonds
1 to 3 Years7.51
3 to 5 Years9.37
5 to 7 Years10.95
7 to 10 Years8.43
10 to 15 Years14.16
15 to 20 Years27.21
20 to 30 Years17.90
Over 30 Years2.59
1 to 7 Days0.00
8 to 30 Days0.00
31 to 90 Days0.00
91 to 182 Days0.00
183 to 364 Days0.02

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.

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.

For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.

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Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066