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Upturn AI SWOT - About
Invesco Taxable Municipal Bond ETF (BAB)
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Upturn Advisory Summary
08/14/2025: 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 0.8% | Avg. Invested days 39 | 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 08/14/2025 |
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 bonds, aiming for a diversified portfolio of debt instruments issued by state and local governments.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation and extensive experience in managing ETFs.
Management Expertise
Invesco's management team has significant experience in fixed income investing and ETF management, providing a high level of expertise.
Investment Objective
Goal
The fund seeks to track the investment results (before fees and expenses) of the ICE BofA US Taxable Municipal Securities Plus Index.
Investment Approach and Strategy
Strategy: The fund employs a replication strategy, meaning it generally invests in all of the securities in the underlying index in proportion to their weightings in the index.
Composition The ETF holds a portfolio of taxable municipal bonds, primarily consisting of debt instruments issued by state and local governments in the United States.
Market Position
Market Share: BAB's market share is moderate within the taxable municipal bond ETF segment.
Total Net Assets (AUM): 156740000
Competitors
Key Competitors
- VanEck Vectors AMT-Free Intermediate Municipal Index ETF (ITM)
- Nuveen Taxable Municipal Bond ETF (NBB)
- Nuveen AMT-Free Quality Municipal Bond ETF (NEA)
Competitive Landscape
The competitive landscape is characterized by a mix of large and small ETF providers, each offering slightly different approaches to taxable municipal bond investing. BAB offers broad exposure to taxable municipal bonds, while competitors may focus on specific maturities or credit quality. BAB benefits from Invesco's established presence, but faces competition from lower-cost or more specialized offerings.
Financial Performance
Historical Performance: Past performance is not indicative of future results. Refer to fund fact sheets for complete historical data.
Benchmark Comparison: The ETF aims to track the performance of the ICE BofA US Taxable Municipal Securities Plus Index closely.
Expense Ratio: 0.28
Liquidity
Average Trading Volume
The average trading volume suggests adequate liquidity for most investors, though larger trades may experience a wider bid-ask spread.
Bid-Ask Spread
The bid-ask spread varies depending on market conditions but is generally reasonable for an ETF of this type.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and regulatory changes affecting municipal finance can influence the ETF's performance.
Growth Trajectory
Growth depends on the overall demand for taxable municipal bonds and investor appetite for fixed income securities.
Moat and Competitive Advantages
Competitive Edge
BAB benefits from Invesco's established brand and extensive distribution network. Its broad exposure to the taxable municipal bond market provides diversification. The ETF aims for efficient tracking of its underlying index, minimizing tracking error. However, it does not possess a significant competitive moat. Its expense ratio is in line with its peers.
Risk Analysis
Volatility
The ETF's volatility is generally moderate, reflecting the stability of the fixed income market.
Market Risk
The ETF is subject to interest rate risk (rising rates can decrease bond values), credit risk (issuers may default), and market risk (overall economic conditions).
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking tax-efficient income, diversification, and moderate risk exposure in a fixed income portfolio.
Market Risk
This ETF is suitable for long-term investors seeking steady income, active traders looking to implement fixed income strategies, and passive index followers wanting taxable municipal bond exposure.
Summary
The Invesco Taxable Municipal Bond ETF (BAB) offers exposure to the taxable municipal bond market, tracking the ICE BofA US Taxable Municipal Securities Plus Index. It is managed by Invesco and provides diversified exposure. This ETF is most suitable for investors seeking tax-efficient income and moderate risk. Potential investors should consider interest rate risk and credit risk before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.