BAB:NYE-Invesco Taxable Municipal Bond ETF (USD)

ETF | Long-Term Bond | NYE

Last Closing Price

USD 32.54

Change

+0.03 (+0.09)%

Market Cap

USD 2.27B

Volume

0.26M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The investment seeks to track the investment results (before fees and expenses) of the ICE BofAML US Taxable Municipal Securities Plus Index. The fund generally will invest at least 80% of its total assets in securities that comprise the index. ICE Data Indices, LLC, oversees the underlying index, which 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. market.

Company Website : http://www.invesco.com/us

Currency: USD

Country : USA

Inception Date: 17/11/2009

Primary Benchmark: ICE BofAML US Taxable Muni + TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Management Expense Ratio: 0.28 %

Technical Indicators

Beta : 1.73

52 Week High : 33.84

Short Ratio : 0.16

52 Week Low : 31.30

Shorted Shares : 44,107

200 Day Moving Average : 32.94

50 Day Moving Average : 32.27

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Morningstar Ratio : 3

Category Benchmark : BBgBarc US Agg Bond TR USD

Sustainability Ratio :

3 Year Volatility : 7.42

3 Year Expected Return : 0.00

3 Year Sharpe Ratio : 0.63

YTD Return : -2.70%

3 Year Returns : 6.33%

5 Year Returns : 5.19%

10 Year Returns : 7.11%

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-21 )

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SPLB SPDR Portfolio Long Term Corpo.. 0.07 %

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ILTB iShares Core 10+ Year USD Bond.. 0.06 %

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ETFs Containing BAB

Symbol Name Weight Mer Price(Change) Market Cap
DWIN Invesco DWA Tactical Mult.. 0.00 % 0.68 %

N/A

 USD0.04B

Market Performance

  Market Performance vs.
Industry/Classification (Long-Term Bond)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.87% 100% A+ 17% F
Dividend Return 0.21% 20% F 11% F
Total Return -2.65% 100% A+ 16% F
Trailing 12 Months  
Capital Gain 2.42% 100% A+ 11% F
Dividend Return 1.95% 20% F 26% F
Total Return 4.37% 100% A+ 10% F
Trailing 5 Years  
Capital Gain 8.32% 50% F 40% F
Dividend Return 15.56% 25% F 54% F
Total Return 23.88% 25% F 36% F
Average Annual (5 Year Horizon)  
Capital Gain 2.22% 20% F 51% F
Dividend Return 3.19% 60% D- 69% D+
Total Return 5.41% 20% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 4.82% 100% A+ 93% A
Risk Adjusted Return 112.22% 100% A+ 94% A
Market Capitalization 2.27B 60% D- 62% D-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.