BAB stock icon

Invesco Taxable Municipal Bond ETF
BAB

$26.72
0.19%

Market Cap: 1.17B

0
Funds holding %
of 6,702 funds
–
Analysts bullish %
–
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 23

16% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 62

2% more funds holding

Funds holding: 188 [Q4 2023] → 192 (+4) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

28% less capital invested

Capital invested by funds: $1.07B [Q4 2023] → $777M (-$295M) [Q1 2024]

77.88% less ownership

Funds ownership: 136.78% [Q4 2023] → 58.9% (-77.88%) [Q1 2024]

96% less call options, than puts

Call options by funds: $32K | Put options by funds: $717K

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for BAB.

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
BAB: A Year Later, I'd Still Tread Carefully On Taxable Munis/Build America Bonds
Invesco Taxable Municipal Bond ETF is a passive ETF that tracks the performance of US dollar-denominated taxable municipal debt. The outlook for BAB is modest, with a potential for 2-3% returns, which is weak compared to inflation and cash offerings. Low levels of issuance in the taxable municipal bond sector could be a bullish catalyst for the Fund.
BAB: A Year Later, I'd Still Tread Carefully On Taxable Munis/Build America Bonds
Negative
Seeking Alpha
3 months ago
BAB: A Muni Bond Play, But Suboptimal Results
Invesco Taxable Municipal Bond ETF offers exposure to the municipal bond market, providing diversification and potential higher yields. The BAB ETF invests primarily in high-grade bonds, with a concentration in the Local Authorities sector, which can be both a strength and a risk. BAB has underperformed compared to other muni bond funds, potentially due to its duration and sampling strategy, making it a less exciting investment option.
BAB: A Muni Bond Play, But Suboptimal Results
Negative
Seeking Alpha
6 months ago
BAB: A Different View On Muni Bonds, But Not A Better One
Invesco Taxable Municipal Bond ETF invests in taxable debt issued by U.S. states, their subdivisions and their entities.
BAB: A Different View On Muni Bonds, But Not A Better One
See News Rankings