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Upturn AI SWOT - About
Invesco Taxable Municipal Bond ETF (BAB)
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Upturn Advisory Summary
10/23/2025: BAB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 5% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/23/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.04 | 52 Weeks Range 25.13 - 27.19 | Updated Date 06/29/2025 |
52 Weeks Range 25.13 - 27.19 | Updated Date 06/29/2025 |
Upturn AI SWOT
Invesco Taxable Municipal Bond ETF
ETF Overview
Overview
The Invesco Taxable Municipal Bond ETF (BAB) seeks to track the investment results of the ICE BofA US Taxable Municipal Securities Plus Index. The fund generally invests in taxable municipal securities and is designed to provide current income.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and a long track record of managing ETFs.
Management Expertise
Invesco has a team of experienced investment professionals dedicated to managing fixed-income ETFs, bringing expertise in municipal bonds and index tracking.
Investment Objective
Goal
The fund seeks to track the investment results of an index composed of US dollar-denominated taxable municipal bonds.
Investment Approach and Strategy
Strategy: The fund employs a passive management strategy, attempting to replicate the performance of the ICE BofA US Taxable Municipal Securities Plus Index.
Composition The fund invests primarily in taxable municipal bonds, including Build America Bonds, tax increment financing bonds, and private activity bonds.
Market Position
Market Share: The Invesco Taxable Municipal Bond ETF holds a moderate market share within the taxable municipal bond ETF segment.
Total Net Assets (AUM): 113777631
Competitors
Key Competitors
- Nuveen Taxable Municipal Bond ETF (NBB)
- VanEck Vectors AMT-Free Long Municipal Index ETF (MLN)
- iShares Taxable Municipal Bond ETF (BABK)
Competitive Landscape
The taxable municipal bond ETF market is moderately competitive with a few large players and several smaller funds. BAB's strength lies in Invesco's brand recognition and passive investment approach. However, NBB has higher AUM, which leads to higher liquidity. BABK provides a narrower index that may attract some investors.
Financial Performance
Historical Performance: Historical performance data unavailable in the correct format.
Benchmark Comparison: Benchmark comparison data unavailable in the correct format.
Expense Ratio: 0.28
Liquidity
Average Trading Volume
The average trading volume of BAB suggests moderate liquidity, suitable for typical trading needs.
Bid-Ask Spread
The bid-ask spread of BAB typically reflects its liquidity and market demand.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and economic growth influence the performance of taxable municipal bonds held by BAB.
Growth Trajectory
The growth of BAB is influenced by investor demand for taxable municipal bonds, driven by factors like tax law changes and infrastructure spending.
Moat and Competitive Advantages
Competitive Edge
BAB benefits from Invesco's established reputation and brand. It aims to provide investors with low-cost exposure to the taxable municipal bond market by passively tracking the ICE BofA US Taxable Municipal Securities Plus Index. Its competitive advantage lies in its broad index coverage and brand familiarity. However, NBB's liquidity may provide a competitive edge for some investors.
Risk Analysis
Volatility
The historical volatility of BAB is tied to fluctuations in interest rates and the credit quality of the underlying municipal bonds.
Market Risk
BAB is exposed to market risk associated with changes in interest rates, credit spreads, and economic conditions that can impact the value of taxable municipal bonds.
Investor Profile
Ideal Investor Profile
BAB is suitable for investors seeking current income and diversification through exposure to taxable municipal bonds. It may appeal to those who want to diversify their fixed-income portfolio.
Market Risk
BAB is suitable for long-term investors who are comfortable with moderate interest rate risk and who want a diversified portfolio of taxable municipal bonds.
Summary
The Invesco Taxable Municipal Bond ETF (BAB) offers a passively managed approach to investing in taxable municipal bonds. The fund's performance is directly linked to the taxable municipal bond market, where economic factors and interest rates play significant roles. It is suitable for investors seeking current income, diversification, and who are comfortable with the moderate risk profile. The ETF's expense ratio is 0.28%.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco official website
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investors should consult with a financial advisor before making any investment decisions. Market share data is approximate and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco Taxable Municipal Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its total assets in securities that comprise the index. The underlying index is designed to measure the performance of U.S. dollar-denominated taxable municipal debt publicly issued by U.S. states and territories, and their political subdivisions, in the U.S. domestic market.
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