BABInvesco Taxable Municipal Bond ETF

Get income16y track recordRanked #220 of 1,624 in this goal

Seeks to track the investment results of the ICE BofA US Taxable Municipal Securities Plus Index.

By Invesco · Launched 2009

Annual Cost

0.28%

#1,341 of 5,568 · low cost

Fund Size

$1.1B

#1,071 of 5,568 · large

Dividend YieldGoal

4.09%

Track Record

16 years

#715 of 5,568 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,271+2.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE BofA US Taxable Municipal Securities Plus Index

What it actually holds

By weight

Concentration

Top 10 holdings = 12.5% of fund✓ well diversified

Invesco Government & Agency Portfolio

4.2%

California (State of)

1.3%

Illinois (State of)

1.0%

Board of Regents of the University of Texas System

1.0%

California (State of)

1.0%

California (State of)

0.9%

California (State of)

0.9%

California (State of)

0.8%

Metro

0.8%

Massachusetts (Commonwealth of)

0.7%

Asset allocation

Bonds

99.8%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

5.7%Low

Year-on-year price swings

Max drawdown

-27.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.19Below average

Sortino (3Y)

0.27Moderate downside risk

Bond profile

Duration

4.5 years

Avg maturity

9.4 years

Credit ratings

AAA

15.4%

57.0%

22.0%

BBB

5.6%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of the ICE BofA US Taxable Municipal Securities Plus Index.
Strategy: Invests primarily in securities that comprise the Underlying Index, which measures U.S. dollar-denominated taxable municipal debt issued by U.S. states and territories. The Fund uses a sampling methodology to achieve its investment objective.
Inception date: November 17, 2009
Fund family: Invesco