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
Benchmark
CategoryMunicipals
FocusBuild America Bonds
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.31 billion
Average Daily Volume$175,222.80
Discount/Premium0.02%
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 -- dividend on Monday, September 23rd. Investors of record on Tuesday, September 24th will be paid a dividend of $0.0968 per share on Monday, September 30th. This represents a yield of 3.8%. The ex-dividend date is Monday, September 23rd. View Invesco Taxable Municipal Bond ETF's Dividend History.
Has Invesco Taxable Municipal Bond ETF been receiving favorable news coverage?
News stories about BAB stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Invesco Taxable Municipal Bond ETF earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several 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 number of of institutional and retail investors. Top institutional investors include Bangor Savings Bank (0.73%), Envestnet Asset Management Inc. (0.36%), Capital Investment Advisory Services LLC (0.25%), Joseph P. Lucia & Associates LLC (0.19%), KG&L Capital Management LLC (0.06%) and Whittier Trust Co. of Nevada Inc. (0.06%).
Which major investors are selling Invesco Taxable Municipal Bond ETF stock?
BAB stock was sold by a variety of institutional investors in the last quarter, including Capital Investment Advisory Services LLC and Envestnet Asset Management Inc..
Which major investors are buying Invesco Taxable Municipal Bond ETF stock?
BAB stock was purchased by a variety of institutional investors in the last quarter, including KG&L Capital Management LLC, Joseph P. Lucia & Associates LLC, Global Trust Asset Management LLC, Carroll Financial Associates Inc., Bangor Savings Bank, Whittier Trust Co. and Whittier Trust Co. of Nevada 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, 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 $31.98.
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.
