PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market. The investment advisor of the Company is Invesco PowerShares Capital Management LLC.
Basic Details
Issuer Invesco
Fund NameInvesco Taxable Municipal Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:BAB
Inception Date11/17/2009
Fund ManagerPeter Hubbard, Philip Fang, Jeffrey W. Kernagis, Gary Jones, Richard Ose
PhoneN/A
Fund Focus
Asset ClassFixed Income
BenchmarkBofAML Build America TR USD
CategoryMunicipals
FocusBuild America Bonds
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$898.28 million
Average Daily Volume$133,623.00
Discount/Premium-0.65%
ETF Expenses
Management Fee0.28%
Other Expenses0.00%
Total Expenses0.28%
Fee Waiver0.00%
Net Expenses0.28%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerCitadel
Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Frequently Asked Questions
What is Invesco Taxable Municipal Bond ETF's stock symbol?
Invesco Taxable Municipal Bond ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "BAB."
How often does Invesco Taxable Municipal Bond ETF pay dividends? What is the dividend yield for Invesco Taxable Municipal Bond ETF?
Invesco Taxable Municipal Bond ETF declared a monthly dividend on Monday, October 22nd. Investors of record on Tuesday, October 23rd will be paid a dividend of $0.1052 per share on Wednesday, October 31st. This represents a $1.26 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend is Monday, October 22nd. This is a boost from Invesco Taxable Municipal Bond ETF's previous monthly dividend of $0.10. View Invesco Taxable Municipal Bond ETF's Dividend History.
Who are Invesco Taxable Municipal Bond ETF's major shareholders?
Invesco Taxable Municipal Bond ETF's stock is owned by many different of retail and institutional investors. Top institutional investors include Bangor Savings Bank (0.85%), PFS Investments Inc. (0.08%) and White Pine Investment CO (0.06%).
Which institutional investors are buying Invesco Taxable Municipal Bond ETF stock?
BAB stock was acquired by a variety of institutional investors in the last quarter, including Bangor Savings Bank, White Pine Investment CO and PFS Investments Inc..
How do I buy shares of Invesco Taxable Municipal Bond ETF?
Shares of BAB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco Taxable Municipal Bond ETF's stock price today?
One share of BAB stock can currently be purchased for approximately $28.70.
What is Invesco Taxable Municipal Bond ETF's official website?
MarketBeat Community Rating for Invesco Taxable Municipal Bond ETF (NYSEARCA BAB)
MarketBeat's community ratings are surveys of what our community members think about Invesco Taxable Municipal Bond ETF and other stocks. Vote "Outperform" if you believe BAB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAB will underperform the S&P 500 over the long term. You may vote once every thirty days.
