Invesco Taxable Municipal Bond ETF (BAB) — ()
Key Metrics
News
BAB: Taxable Munis Offering Some Value In 2025 (Rating Upgrade)
Published: by:
Sentiment: Positive ()
Evaluating Invesco Taxable Municipal Bond ETF (BAB) as a "buy" due to its quality yield and relative value in a volatile equity market. Historically lukewarm on BAB, but current market …
Read More
About Invesco Taxable Municipal Bond ETF BAB
The Invesco Taxable Municipal Bond ETF (Fund) is based on the ICE BofAML US Taxable Municipal Securities Plus Index (Index). The Fund will normally invest at least 80% of its total assets in the securities that comprise the Index. The Index is designed to track the performance of US dollar-denominated taxable municipal debt publicly issued by US states and territories, and their political subdivisions, in the US market. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a "sampling" methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced and reconstituted monthly.