---
ticker: "BAB"
name: "Invesco Taxable Municipal Bond ETF"
url: "https://etf.net/etf/BAB"
grade: "B"
score: 60
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "25 of 63"
methodology: "https://etf.net/methodology"
---

# BAB: Invesco Taxable Municipal Bond ETF

Grade **B**, Score 60 of 100. Rank 25 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 61 | 22 of 63 |
| Mission | 42 | 59 of 59 |
| Risk | 62 | 9 of 63 |
| Tradability | 73 | 10 of 63 |
| Holdings | 73 | 19 of 63 |
| Durability | 79 | 8 of 63 |

## Top holdings

The fund holds 2139 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | State of Illinois 5.10% 06/01/2033 | 1.64% |
| 2 | — | State of California 7.55% 04/01/2039 | 1.24% |
| 3 | — | USD Pending Dividends | 1.15% |
| 4 | AGPXX | Invesco Government & Agency Portfolio | 0.99% |
| 5 | — | State of California 7.60% 11/01/2040 | 0.93% |
| 6 | — | State of California 7.50% 04/01/2034 | 0.89% |
| 7 | — | State of California 7.30% 10/01/2039 | 0.77% |
| 8 | — | New Jersey Turnpike Authority 7.10% 01/01/2041 | 0.76% |
| 9 | — | Texas Natural Gas Securitization Finance Corp 5.17% 04/01/2041 | 0.66% |
| 10 | — | New Jersey Economic Development Authority 7.42% 02/15/2029 | 0.62% |
| 11 | — | State of Connecticut 5.85% 03/15/2032 | 0.58% |
| 12 | — | State of California 7.63% 03/01/2040 | 0.57% |
| 13 | — | City of Chicago IL 6.21% 01/01/2032 | 0.53% |
| 14 | — | New Jersey Turnpike Authority 7.41% 01/01/2040 | 0.53% |
| 15 | — | State of California 7.35% 11/01/2039 | 0.47% |
| 16 | — | Texas Department of Transportation State Highway Fund 5.18% 04/01/2030 | 0.46% |
| 17 | — | State Board of Administration Finance Corp 2.15% 07/01/2030 | 0.43% |
| 18 | — | State Board of Administration Finance Corp 5.53% 07/01/2034 | 0.39% |
| 19 | — | Port Authority of New York & New Jersey 4.93% 10/01/2051 | 0.36% |
| 20 | — | Municipal Electric Authority of Georgia 6.64% 04/01/2057 | 0.35% |
| 21 | — | University of Michigan 4.45% 04/01/2122 | 0.34% |
| 22 | — | State of California 4.50% 04/01/2033 | 0.32% |
| 23 | — | North Texas Tollway Authority 6.72% 01/01/2049 | 0.32% |
| 24 | — | University of California 3.35% 07/01/2029 | 0.31% |
| 25 | — | Los Angeles Department of Water & Power 6.57% 07/01/2045 | 0.31% |
| 26 | — | Bay Area Toll Authority 7.04% 04/01/2050 | 0.30% |
| 27 | — | American Municipal Power Inc 8.08% 02/15/2050 | 0.30% |
| 28 | — | Louisiana Local Government Environmental Facilities & Community Development Auth 4.47% 08/01/2039 | 0.30% |
| 29 | — | City of New York NY 5.80% 02/01/2052 | 0.30% |
| 30 | — | Metropolitan Water Reclamation District of Greater Chicago 5.72% 12/01/2038 | 0.29% |

Source: etf.net, https://etf.net/etf/BAB. Please cite the page URL.