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BAB Price & Analysis

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BAB ETF Chart & Stats

ETF Overview

Invesco Taxable Municipal Bond ETF

The Invesco Taxable Municipal Bond ETF (BAB) is a compelling investment vehicle designed for those seeking exposure to high-quality, investment-grade municipal bonds within the government sector. Classified under the Government, Local Authority/Municipal category, BAB provides a strategic focus on taxable municipal bonds, which are issued by public entities. This ETF is meticulously structured to cater to investors aiming for a diversified, broad maturities portfolio, ensuring a balance between risk and yield. BAB is particularly well-suited for investors who prioritize stability and are interested in accessing municipal bonds' unique tax advantages while capturing the benefits of taxable instruments. The fund's emphasis on investment-grade securities ensures a commitment to credit quality, appealing to risk-averse investors seeking reliable income streams. With its broad maturities approach, BAB offers exposure across various time horizons, providing a dynamic solution for those looking to navigate changing interest rate environments. The Invesco Taxable Municipal Bond ETF stands out in its niche by combining the strength of municipal bonds with the accessibility and liquidity of an ETF, making it an attractive option for both individual and institutional investors aiming to enhance their fixed-income portfolios.
Asset Class
Fixed Income
Region
North America
Issuer
Invesco
Index Tracked
ICE BofA US Taxable Municipal Securities Plus
Ticker Symbol
BAB

Invesco Taxable Municipal Bond ETF (BAB) Fund Flow Chart

Invesco Taxable Municipal Bond ETF (BAB) 1 year Net Flows: -$516M

BAB ETF FAQ

What was BAB’s price range in the past 12 months?
BAB lowest ETF price was $25.61 and its highest was $28.12 in the past 12 months.
    What is the AUM of BAB?
    As of Jan 28, 2025 The AUM of BAB is 1.04B.
      Is BAB overvalued?
      According to Wall Street analysts BAB’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does BAB pay dividends?
        BAB pays a Monthly dividend of $0.087 which represents an annual dividend yield of 3.95%. See more information on BAB dividends here
          How many shares outstanding does BAB have?
          BAB has 39,500,000 shares outstanding.
            Which hedge fund is a major shareholder of BAB?
            Among the largest hedge funds holding BAB’s share is Progressive Investment Management Corp. It holds BAB’s shares valued at 228K.

              Top 10 Holdings

              Name
              Weight %
              USD_CASH
              California St 7.55% 01-APR-2039
              1.23%
              Short Term Investments Trust Government & Agency Portfolio Institutional
              1.08%
              USD_CASH
              Illinois St 6.9% 01-MAR-2035
              0.96%
              USD_CASH
              University Tex Univ Revs 4.644% 15-AUG-2030
              0.96%
              USD_CASH
              Metro Ore 3.25% 01-JUN-2028
              0.93%
              USD_CASH
              California St 7.35% 01-NOV-2039
              0.92%
              USD_CASH
              California St 7.6% 01-NOV-2040
              0.85%
              USD_CASH
              City of New York (New York) 5.968% 01-MAR-2036
              0.84%
              USD_CASH
              California St 7.5% 01-APR-2034
              0.82%
              USD_CASH
              California St 5.1% 01-MAR-2029
              0.79%
              Total9.39%
              See All Holdings
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