Skip to main content

Invesco Taxable Municipal Bond ETF (BAB)

NYSEARCA: BAB · IEX Real-Time Price · USD
33.11 -0.04 (-0.12%)
Sep 27, 2021 4:00 PM EDT - Market closed
Assets$2.35B
NAV$33.34
Expense Ratio0.28%
PE Ration/a
Shares Out70.50M
Dividend (ttm)$0.86
Dividend Yield2.59%
Ex-Dividend DateSep 20, 2021
1-Year Return
-
Volume274,013
Open33.14
Previous Close33.15
Day's Range33.04 - 33.18
52-Week Low31.20
52-Week High33.85
Beta0.07
Holdings612
Inception DateNov 17, 2009

About BAB

The investment seeks to track the investment results (before fees and expenses) of the ICE BofAML US Taxable Municipal Securities Plus Index. The fund generally will invest at least 80% of its total assets in securities that comprise the index. ICE Data Indices, LLC, oversees the underlying index, which 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. market.

Asset ClassFixed Income
SectorIncome
RegionNorth America
IssuerInvesco
Stock ExchangeNYSEARCA
Ticker SymbolBAB
Index TrackedThe BofA Merrill Lynch Build America Bond Index

Top 10 Holdings

9.78% of assets
NameSymbolWeight
State of CaliforniaN/A1.38%
Invesco Government & Agency PortfolioAGPXX1.06%
Commonwealth Financing AuthorityN/A0.98%
Port Authority of New York & New JerseyN/A0.98%
City of Fort Lauderdale FLN/A0.97%
State of CaliforniaN/A0.97%
Public Finance AuthorityN/A0.94%
Commonwealth of MassachusettsN/A0.91%
American Municipal Power IncN/A0.81%
County of Allegheny PAN/A0.78%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Sep 20, 2021$0.073Sep 30, 2021
Aug 23, 2021$0.07199Aug 31, 2021
Jul 19, 2021$0.07211Jul 30, 2021
Jun 21, 2021$0.07178Jun 30, 2021
May 24, 2021$0.07307May 28, 2021
Apr 19, 2021$0.07284Apr 30, 2021
Full Dividend History

News

The Budding Build America Bond Market Could Boost ‘BAB'

The Invesco Taxable Municipal Bond Fund (NYSEArca: BAB) once featured “Build America bonds” in its name, hence the ticker “BAB.” While the exchange traded fund's name changed, it remains one of the prem...

2 months ago - ETF Trends

Not Big on Growth? Here Are 3 ETFs to Consider

The global economic recovery could be happening at a slower rate than anticipated, which puts low growth strategies and three exchange traded funds (ETFs) from Invesco in focus. Investors who are skepti...

Other symbols:SPHQXSHQ
2 months ago - ETF Trends

Investors Are Backing ‘BAB' as State and Local Finances Solidify

Investors could be forgiven if, at the height of the coronavirus pandemic, they grew jittery over municipal bonds. Back then, concerns about some states' and municipalities' finances were exposed amid e...

3 months ago - ETF Trends

Bond ETF Demand By Insurers Rising

Insurers are once again investing in ETFs, but the types of funds have changed.

3 months ago - ETFcom

Biden's American Rescue Plan Boosting Munis, ‘BAB'

Capitol Hill and Wall Street are in two different cities, but when they interact on a regular basis, the results can beneficial for investors. A prime example of investors deriving benefit from a policy...

4 months ago - ETF Trends

Tax Considerations for Municipal Bond Investors

To combat low yields, fixed income investors can opt for taxable municipal bonds via ETFs like the Invesco Taxable Municipal Bond ETF (BAB). Getting taxable municipal bonds might seem counterintuitive g...

4 months ago - ETF Trends

American Rescue Plan Could Boost BAB

It's been a while since the Invesco Taxable Municipal Bond Fund (NYSEArca: BAB) was one of the municipal bond ETFs generating buzz, but that could change and do so imminently thanks to the American Resc...

5 months ago - ETF Trends

BAB, Inc. Announces Cash Distribution

DEERFIELD, Ill., Jan. 27, 2021 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB) , today announced that its Board of Directors has declared a quarterly distribution of one cent ($0.01) per share, payable on F...

8 months ago - GlobeNewsWire

The Fastest-Growing Fixed Income Sector: Taxable Muni Bonds

With a Joe Biden administration looming, municipal bonds have been in play for fixed income investors. One pertinent idea is a taxable municipal bond, the focus of the Invesco Taxable Municipal Bond ETF...

9 months ago - ETF Trends

Best Municipal Bond ETFs for Q1 2021

The best municipal bond ETFs for Q1 2021 are BAB, MMIN, and IBMQ.

Other symbols:IBMQMMIN
10 months ago - Investopedia

7 Cheap Index Funds for the Careful Investor

Index funds are a great way for investors gain diversity among their holdings and spread out the risk of single-stock ownership. The post 7 Cheap Index Funds for the Careful Investor appeared first on I...

Other symbols:LTPZQQQSPYVIGVOOXLG
11 months ago - InvestorPlace

5 Index Funds Worth a Look in October

In the decades since index funds first came on the scene, they’ve taken up an important niche in investing. They are a great way to get broad exposure, and take some of the guesswork out of the stock ma...

Other symbols:EDIVIWOSCOVNQI
11 months ago - InvestorPlace

Muni Bond ETF (BAB) Hits New 52-Week High

This muni bond ETF hits a new 52-week high. Are more gains in store for this ETF?

1 year ago - Zacks Investment Research