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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) | $1,311 |
| 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. |
| 12.4% | 16.0% | 6.2% | -- | 7.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.75 | 89% |
| S&P500 | -0.17 | 11% |
| MSCI EAFE | -0.10 | 3% |
| MSCI Emg. Mkts. | -0.04 | 1% |
| Recent close | $31.86 |
| 30d moving avg. | $32.23 |
| Annualized volatility | 6.1% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 44 |
| Avg. volume (thou.) | 200 |
| Avg. daily value traded (mns) | $6 |
| Turnover | 0.5% |
| Bid/Ask (% of price) | 0.06 |
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 | 6.87% | -26.8% | $23.32 |
| +200 bp | 5.87% | -19.9% | $25.53 |
| +150 bp | 5.37% | -15.6% | $26.87 |
| +100 bp | 4.87% | -10.9% | $28.38 |
| +75 bp | 4.62% | -8.4% | $29.19 |
| +50 bp | 4.37% | -5.7% | $30.04 |
| +25 bp | 4.12% | -2.9% | $30.93 |
| 0 bp | 3.87% | 0% | $31.86 |
| -25 bp | 3.62% | 3.0% | $32.83 |
| -50 bp | 3.37% | 6.2% | $33.84 |
| -75 bp | 3.12% | 9.5% | $34.89 |
| -100 bp | 2.87% | 12.9% | $35.98 |
| -150 bp | 2.37% | 20.1% | $38.28 |
| -200 bp | 1.87% | 27.9% | $40.74 |
| -300 bp | 0.87% | 44.8% | $46.13 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
387 | bp |
| Less: Annual "default factor" |
11 | bp |
| Less: Expense ratio | 28 | bp |
| Equals: ALTAR Score | 3.48 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.4% |
| Emerging Market | 3.6% |
| Government | 1.7% |
| Inflation Protected | 1.8% |
| Mortgage | 2.8% |
| Municipals | 2.3% |
| *Note: The Invesco Taxable Municipal Bond ETF is classified as a Municipals fund. | |