BAB
Invesco Taxable Municipal Bond ETF·NYSE
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Key Stats
Assets Under Management
1.05BUSD
Fund Flows (1Y)
-19.40MUSD
Dividend Yield
3.98%
Discount/Premium to NAV
-0.18%
Shares Outstanding
38.70M
Expense Ratio
0.28%
About Invesco Taxable Municipal Bond ETF
Issuer
Invesco Capital Management LLC
Brand
Invesco
Inception Date
Nov 17, 2009
Structure
Open-Ended Fund
Index Tracked
ICE BofAML US Taxable Municipal Securities Plus Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
BAB accesses specific niche—taxable municipal bonds—utilizing a plain-vanilla market-value selection and weighting process. BAB holds investment-grade taxable munis across all states and locales. Taxable munis generally carry higher yields than their tax-exempt counterparts, reflecting a premium for both the added tax burden and the lower liquidity typical to these securities. As such, BAB might be a good alternative for foreign investors who do not enjoy favorable tax treatment or for US investors seeking higher yield in a tax-advantaged account. BAB changed its underlying index from the BofA Merrill Lynch Build America Bond Index to the ICE BofAML US Taxable Municipal Securities Plus Index on 6/1/2017. The change materially broadened BAB's exposure to all taxable municipal securities.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Investment Grade
Niche
Broad Maturities
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
Market value
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.44% | -0.55% | -0.18% | +2.14% | +1.27% | -18.51% |
NAV Total Return | +0.60% | +0.67% | +0.78% | +6.15% | +13.96% | -2.65% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Invesco Government & Agency Portfolio
1.50%
State of California
1.26%
State of Illinois
0.99%
Board of Regents of the University of Texas System
0.97%
Metro/OR
0.75%
Commonwealth of Massachusetts
0.70%
City of New York NY
0.65%
Texas Natural Gas Securitization Finance Corp
0.64%
New Jersey Turnpike Authority
0.57%
New Jersey Economic Development Authority
0.51%
Top 10 Weight 8.54%
484 Total Holdings
Is SPY better than BAB?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-01-20 | 2026-01-20 | 2026-01-23 | 0.092 |
| 2025-12-22 | 2025-12-22 | 2025-12-26 | 0.094 |
| 2025-11-24 | 2025-11-24 | 2025-11-28 | 0.085 |
| 2025-10-20 | 2025-10-20 | 2025-10-24 | 0.091 |
| 2025-09-22 | 2025-09-22 | 2025-09-26 | 0.092 |
| 2025-08-18 | 2025-08-18 | 2025-08-22 | 0.090 |
| 2025-07-21 | 2025-07-21 | 2025-07-25 | 0.091 |
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How Much Does BAB Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy BAB?
Fund Flows
