Key stats
About Invesco Taxable Municipal Bond ETF
Home page
Inception date
Nov 17, 2009
Structure
Open-Ended Fund
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 nichetaxable municipal bondsutilizing 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
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal96.44%
Mutual fund1.98%
Securitized1.57%
Cash0.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.