Invesco Taxable Municipal Bond ETF (BAB)

NYSEARCA: BAB · Real-Time Price · USD
27.82
-0.14 (-0.50%)
Sep 18, 2024, 3:59 PM EDT - Market closed
-0.50%
Assets $1.22B
Expense Ratio 0.28%
PE Ratio -214.50
Shares Out 43.90M
Dividend (ttm) $1.02
Dividend Yield 3.67%
Ex-Dividend Date Aug 19, 2024
Payout Ratio n/a
1-Year Return +8.06%
Volume 136,196
Open 27.99
Previous Close 27.96
Day's Range 27.82 - 28.00
52-Week Low 24.29
52-Week High 28.12
Beta 0.30
Holdings 641
Inception Date Nov 17, 2009

About BAB

Fund Home Page

The Invesco Taxable Municipal Bond ETF (BAB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad index of taxable investment-grade municipal debts selected and weighted by market value. BAB was launched on Nov 17, 2009 and is issued by Invesco.

Asset Class Fixed Income
Category Long-Term Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol BAB
ETF Provider Invesco
Index Tracked ICE BofA US Taxable Municipal Securities Plus

Dividends

Ex-Dividend Amount Pay Date
Aug 19, 2024 $0.08117 Aug 23, 2024
Jul 22, 2024 $0.08448 Jul 26, 2024
Jun 24, 2024 $0.08636 Jun 28, 2024
May 20, 2024 $0.0899 May 24, 2024
Apr 22, 2024 $0.09317 Apr 26, 2024
Mar 18, 2024 $0.08388 Mar 22, 2024
Full Dividend History

News

BAB: A Year Later, I'd Still Tread Carefully On Taxable Munis/Build America Bonds

Invesco Taxable Municipal Bond ETF is a passive ETF that tracks the performance of US dollar-denominated taxable municipal debt. The outlook for BAB is modest, with a potential for 2-3% returns, which...

3 months ago - Seeking Alpha

BAB: A Muni Bond Play, But Suboptimal Results

Invesco Taxable Municipal Bond ETF offers exposure to the municipal bond market, providing diversification and potential higher yields. The BAB ETF invests primarily in high-grade bonds, with a concen...

5 months ago - Seeking Alpha

BAB: A Different View On Muni Bonds, But Not A Better One

Invesco Taxable Municipal Bond ETF invests in taxable debt issued by U.S. states, their subdivisions and their entities.

8 months ago - Seeking Alpha

BAB: After A Strong Run, Time To Moderate Expectations (Rating Downgrade)

Fixed income has seen a broad boost since late last year. This includes taxable muni bonds and BAB by extension. The fund is up sharply since my last buy call and gains could continue. However, I thin...

1 year ago - Seeking Alpha

BAB: The Only ETF In The Taxable Municipal Bond Sector

The Invesco Taxable Municipal Bond ETF is the only ETF I found that focuses on the taxable municipal segment of the US bond market. Unlike the three CEFs I covered in this segment, BAB gives investors...

1 year ago - Seeking Alpha

BAB: Justifying A Bull Thesis Here

I see value in taxable munis, both compared to their tax-exempt muni counterparts and corporate bonds. Duration remains a key risk, but it has come down a bit from a year ago.

2 years ago - Seeking Alpha

Muni ETFs Multiply In 2021

Muni bond ETFs flourished in 2021, with record asset flows and a number of new launches.

Other symbols: DFNMFMNYHYMUMUBVTEB
2 years ago - ETFcom

Taxable Munis Deserve Attention

The taxable municipal bond market is growing and mature. Taxable munis offer a range of benefits for certain investors, in particular insurance companies.

Other symbols: BBNGBABNBB
3 years ago - Seeking Alpha

BAB: Taxable Munis Are A Viable Option, But They Face A Few Headwinds

Taxable munis continue to register low defaults and currently have tight supply, which has boosted underlying values.

3 years ago - Seeking Alpha

Bond ETF Demand By Insurers Rising

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

3 years ago - ETFcom

BAB: Taxable Munis Still Offering Value

Taxable munis offer higher after-tax yields for everyone but those in the highest tax brackets, compared to tax-exempt munis. With markets hitting new highs, taking on less risk seems prudent. As a no...

4 years ago - Seeking Alpha

Best Municipal Bond ETFs for Q1 2021

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

Other symbols: IBMQMMIN
4 years ago - Investopedia

Defence Can Be Defensive In A Chaotic World

World-leading, market-dominating, technologically savvy defence companies supplying the free world are trading at high-single digit free cash flow yields. I believe an increasingly hostile global envi...

Other symbols: GDHIINOC
4 years ago - Seeking Alpha

BAB: Taxable Munis Without The Leverage

Taxable munis continue to perform well coming off the March lows, and they are seeing demand from many different buyers.

4 years ago - Seeking Alpha