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Invesco Taxable Municipal Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The Invesco Taxable Municipal Bond Portfolio tracks a broad index of taxable investment grade municipal debts selected and weighted by market value. |
| Category | Municipals |
| Fund Sponsor | Invesco |
| Website | www.invesco.com |
| Inception date | Nov 17, 2009 |
| Assets (mns) | $1,547 |
| Currency | USD |
| Expense ratio | 28 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | Bank of New York Mellon/The |
| Weighting | Market Value |
| Index replication | Optimized |
| No. of constituents | 308 |
| No of distinct issuers | 213 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 7% /93% |
| Non-standard maturity (callable, etc.) | 30% |
| CALIFORNIA ST 7.6% 11/01/40 | 3.7 % |
| 0.0% /00/00 | 3.0 % |
| CALIFORNIA ST 7.3% 1/01/39 | 2.0 % |
| COMMONWEALTH FING AUT 3.7% 6/01/38 | 1.9 % |
| AMERICAN MUN PWR OHIO 8.1% 2/15/50 | 1.6 % |
| CALIFORNIA ST 6.5% 4/01/39 | 1.4 % |
| UNIVERSITY CALIF REVS 3.3% 7/01/29 | 1.4 % |
| ILLINOIS ST 5.6% 2/01/21 | 1.4 % |
| TEXAS TRANSN COMMN ST 5.2% 4/01/30 | 1.3 % |
| CALIFORNIA ST 7.6% 4/01/39 | 1.3 % |
| TOTAL | 19.0 % |
|---|
| CALIFORNIA ST FOR PREVIOUS ISSUES ... | 7.4% |
| CALIFORNIA ST | 5.8% |
| University Calif Revs | 4.8% |
| AMERICAN MUN PWR OHIO INC REV | 3.0% |
| Commonwealth Fing Auth Pa Rev | 2.4% |
 |
UNITED STATES | 93.3 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| -0.4% | 3.3% | 0.7% | 3.1% | 4.7% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.26 | 92% |
| S&P500 | 0.33 | 39% |
| MSCI EAFE | 0.38 | 47% |
| MSCI Emg. Mkts. | 0.37 | 47% |
| Recent close | $26.21 |
| 30d moving avg. | $25.84 |
| Annualized volatility | 9.5% |
| Short interest (ETF) | 1.6% |
| Relative strength (RSI) | 68 |
| Avg. volume (thou.) | 460 |
| Avg. daily value traded (mns) | $12 |
| Turnover | 0.8% |
| Bid/Ask (% of price) | 0.10 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| BAB | 12.1 yrs | Category Avg.* |
7.8 yrs |
| BAB | 11.9% | Category Avg.* |
7.7% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.33% | -26.8% | $19.19 |
| +200 bp | 7.33% | -19.9% | $21.00 |
| +150 bp | 6.83% | -15.6% | $22.11 |
| +100 bp | 6.33% | -10.9% | $23.34 |
| +75 bp | 6.08% | -8.4% | $24.01 |
| +50 bp | 5.83% | -5.7% | $24.71 |
| +25 bp | 5.58% | -2.9% | $25.44 |
| 0 bp | 5.33% | 0% | $26.21 |
| -25 bp | 5.08% | 3.0% | $27.01 |
| -50 bp | 4.83% | 6.2% | $27.84 |
| -75 bp | 4.58% | 9.5% | $28.70 |
| -100 bp | 4.33% | 12.9% | $29.60 |
| -150 bp | 3.83% | 20.1% | $31.49 |
| -200 bp | 3.33% | 27.9% | $33.51 |
| -300 bp | 2.33% | 44.8% | $37.95 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
533 | bp |
| Less: Annual "default factor" |
11 | bp |
| Less: Expense ratio | 28 | bp |
| Equals: ALTAR Score | 4.94 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.5% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 4.9% |
| Inflation Protected | 3.0% |
| Mortgage | 5.2% |
| Municipals | 3.4% |
| *Note: The Invesco Taxable Municipal Bond ETF is classified as a Municipals fund. | |