Invesco Taxable Municipal Bond ETF
$25.96+0.03 (+0.12%)
- 0.28%
- $875M
- −1.3%
- 4.42%
- 343K sh
- low $25.15high $27.73
The ETF.net BAB Grade
B
Score 58 out of 100
- 29 of 63
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B60 out of 100Rank 23 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.C47 out of 100Rank 58 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 27 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 10 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 21 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 8 of 63
Our read on BAB
In short
BMunis without the tax break. BAB has owned taxable municipal debt since 2009, the Build America Bonds corner of the market, and pays monthly income the IRS treats like any other taxable coupon.
Stated mandate
The Fund normally invests at least 80% of its total assets in securities comprising the ICE BofAML US Taxable Municipal Securities Plus Index. It uses representative sampling rather than purchasing every index security.
Why people hold it
Worth knowing
BAB Holdings
- Bonds
- 2,205
- 9%
- State of Illinois 5.10% 06/01/2033
Geography
- United States99.91%
- U.S. Virgin Islands0.09%
BAB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BAB$9,875
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BAB |
|---|---|
| Year to date | −1.1% |
| 1 month | +2.9% |
| 3 months | −0.2% |
| 1 year | −1.3% |
| 3 years | +6.0% |
| 5 years | −1.1% |
| 10 years | +2.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BAB |
|---|---|---|
| 2026 YTD | −1.1% | |
| 2025 | +8.3% | |
| 2024 | +1.0% | |
| 2023 | +8.7% | |
| 2022 | −19.5% | |
| 2021 | +1.0% | |
| 2020 | +9.1% |
BAB in the news
BAB Dividends
- 4.42%
- $1.15
- $0.10 per share
- Monthly
BAB Risk
- 7.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.24
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
BAB Cost
Overpaying vs VTEB, tied cheapest in Other Municipal Bond
$5,117
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BAB 0.28%
$5,755
VTEB 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | BAB | VTEB | Overpaying |
|---|---|---|---|
| 10 | $509 | $55 | $454 |
| 20 | $1,976 | $216 | $1,760 |
| 30 | $5,755 | $638 | $5,117 |
Other funds in Other Municipal Bond
- BFTMUFranklin Municipal Income ETFExpense ratio 0.30%1 year return +0.4%
- BMUSTColumbia Multi-Sector Municipal Income ETFExpense ratio 0.23%1 year return −1.1%
- BGMNYGoldman Sachs Dynamic New York Municipal Income ETFExpense ratio 0.30%1 year return +1.5%
- BJHMUJohn Hancock Dynamic Municipal Bond ETFExpense ratio 0.39%1 year return +1.2%
- BNUMINuveen Municipal IncomeExpense ratio 0.30%1 year return +0.1%
