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 Date11/16/2009
Fund ManagerPeter Hubbard, Philip Fang, Jeffrey W. Kernagis, Gary Jones, Richard Ose
PhoneN/A
Fund Focus
Asset ClassFixed Income
BenchmarkBofA Merrill Lynch Build America Bond Index
CategoryMunicipals
FocusBuild America Bonds
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.54 billion
Average Daily Volume$300,902.40
Discount/Premium-0.06%
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 Tuesday, January 21st. Stockholders of record on Wednesday, January 22nd will be given a dividend of $0.0936 per share on Friday, January 31st. This represents a $1.12 annualized dividend and a dividend yield of 3.36%. The ex-dividend date is Tuesday, January 21st. View Invesco Taxable Municipal Bond ETF's Dividend History.
Has Invesco Taxable Municipal Bond ETF been receiving favorable news coverage?
News headlines about BAB stock have trended very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Invesco Taxable Municipal Bond ETF earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Invesco Taxable Municipal Bond ETF.
What other stocks do shareholders of Invesco Taxable Municipal Bond ETF own?
Who are Invesco Taxable Municipal Bond ETF's major shareholders?
Invesco Taxable Municipal Bond ETF's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (2.85%), PNC Financial Services Group Inc. (2.68%), Donaldson Capital Management LLC (2.52%), UBS Group AG (1.61%), Raymond James Financial Services Advisors Inc. (1.55%) and Haverford Trust Co. (1.00%).
Which institutional investors are selling Invesco Taxable Municipal Bond ETF stock?
BAB stock was sold by a variety of institutional investors in the last quarter, including Cambridge Investment Research Advisors Inc., Beirne Wealth Consulting Services LLC, Sumitomo Mitsui Financial Group Inc., Jane Street Group LLC, Goldman Sachs Group Inc., Bank of America Corp DE, Capital Investment Advisory Services LLC and PNC Financial Services Group Inc..
Which institutional investors are buying Invesco Taxable Municipal Bond ETF stock?
BAB stock was bought by a variety of institutional investors in the last quarter, including Donaldson Capital Management LLC, Provident Wealth Management LLC, Hilltop Holdings Inc., Kingsview Wealth Management LLC, Raymond James Financial Services Advisors Inc., Patten Group Inc., Samalin Investment Counsel LLC and Concentric Wealth Management LLC.
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, Robinhood, 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 $33.46.
How big of a company is Invesco Taxable Municipal Bond ETF?
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.
