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Invesco Taxable Municipal Bond ETF (BAB)

ETF · Currency in USD · Last updated May 14, 2022

BAB is a passive ETF by Invesco tracking the investment results of the BofA Merrill Lynch Build America Bond Index. BAB launched on Nov 17, 2009 and has a 0.28% expense ratio.

ETF Info

  • ISINUS73937B4077
  • CUSIP73937B407
  • IssuerInvesco
  • Inception DateNov 17, 2009
  • RegionNorth America (U.S.)
  • CategoryMunicipal Bonds
  • Expense Ratio0.28%
  • Index TrackedBofA Merrill Lynch Build America Bond Index
  • ETF Home Pagewww.invesco.com
  • Asset ClassBond

Trading Data

  • Previous Close$27.57
  • Year Range$27.57 - $33.17
  • EMA (50)$28.89
  • EMA (200)$30.83
  • Average Volume$756.98K

BABShare Price Chart


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BABPerformance

The chart shows the growth of $10,000 invested in Invesco Taxable Municipal Bond ETF on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $19,366 for a total return of roughly 93.66%. All prices are adjusted for splits and dividends.


BAB (Invesco Taxable Municipal Bond ETF)
Benchmark (^GSPC)

BABReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-3.19%-8.49%
YTD-15.58%-15.57%
6M-15.32%-13.45%
1Y-12.46%-0.96%
5Y2.12%10.97%
10Y3.30%11.65%

BABMonthly Returns Heatmap


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BABSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco Taxable Municipal Bond ETF Sharpe ratio is -1.62. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


BAB (Invesco Taxable Municipal Bond ETF)
Benchmark (^GSPC)

BABDividend History

Invesco Taxable Municipal Bond ETF granted a 3.11% dividend yield in the last twelve months, as of May 14, 2022. The annual payout for that period amounted to $0.86 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$0.86$0.87$0.99$1.19$1.25$1.21$1.24$1.36$1.40$1.41$1.47$1.49$1.48

Dividend yield

3.11%2.65%3.07%4.03%4.66%4.59%5.15%5.92%6.05%7.16%7.06%7.94%9.50%

BABDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


BAB (Invesco Taxable Municipal Bond ETF)
Benchmark (^GSPC)

BABWorst Drawdowns

The table below shows the maximum drawdowns of the Invesco Taxable Municipal Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco Taxable Municipal Bond ETF is 27.80%, recorded on Mar 19, 2020. It took 216 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-27.8%Mar 10, 20208Mar 19, 2020216Jan 27, 2021224
-16.88%Aug 4, 2021197May 13, 2022
-12.14%May 2, 201391Sep 10, 2013179May 28, 2014270
-8.31%Aug 1, 201697Dec 15, 2016172Aug 23, 2017269
-7.4%Feb 2, 201590Jun 10, 2015163Feb 2, 2016253
-7.01%Aug 27, 2010114Feb 8, 201159May 4, 2011173
-6.51%Aug 5, 20112Aug 8, 20118Aug 18, 201110
-5.52%Oct 4, 201118Oct 27, 201119Nov 23, 201137
-5.4%Jan 28, 202135Mar 18, 202175Jul 6, 2021110
-4.66%Jul 26, 201236Sep 14, 201237Nov 8, 201273

BABVolatility Chart

Current Invesco Taxable Municipal Bond ETF volatility is 9.52%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


BAB (Invesco Taxable Municipal Bond ETF)
Benchmark (^GSPC)

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