Fund Description |
The Invesco Taxable Municipal Bond ETF (Fund) is based on the ICE BofAML US Taxable Municipal Securities Plus Index (Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index is designed to track the performance of US dollar-denominated taxable municipal debt publicly issued by US states and territories, and their political subdivisions, in the US market. The Fund and the Index are rebalanced and reconstituted monthly. |
Fund Profile |
Fund Name |
Invesco Taxable Municipal Bond ETF |
Fund Exchange Ticker |
BAB |
Fund Sponsor |
Invesco |
Fund ISIN |
US46138G8050 |
Net Expense Ratio |
0.28 % |
Fund Inception Date |
17 November 2009 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Bonds - Municipal |
Asset Class |
Bonds |
Index Linked |
Passive |
Index Name |
ICE BofA Merrill Lynch US Taxable Municipal Securities Plus Index |
Index Provider |
ICE Indices |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Bond Type |
Municipal |
Credit Quality |
Investment Grade Only |
Average Maturity |
Fund Holds All Maturity Ranges |
Bond Currency Denomination |
USD |
Key Statistics |
Return As of Date |
9 August 2022 |
Asset Under Management |
1844.24 Million (USD) |
1 Month Total Return |
1.52 % |
Year To Date Return |
-14.39 % |
1 Year Total Return |
-14.50 % |
3 Year Annualized Total Return |
-2.48 % |
NAV |
27.9431 |
Share Outstanding |
66,000,000 |