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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) | $916 |
| 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% |
| 0.0% // | 2.0 % |
| 0.0% // | 1.4 % |
| 0.0% // | 1.1 % |
| 0.0% // | 1.1 % |
| 0.0% // | 1.0 % |
| 0.0% // | 1.0 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| 0.0% // | 0.9 % |
| TOTAL | 11.1 % |
|---|
| 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. |
| 1.8% | 2.2% | -1.4% | 2.7% | 4.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.20 | 92% |
| S&P500 | 0.36 | 40% |
| MSCI EAFE | 0.44 | 63% |
| MSCI Emg. Mkts. | 0.40 | 54% |
| Recent close | $26.33 |
| 30d moving avg. | $26.25 |
| Annualized volatility | 9.1% |
| Short interest (ETF) | 2.0% |
| Relative strength (RSI) | 52 |
| Avg. volume (thou.) | 140 |
| Avg. daily value traded (mns) | $4 |
| Turnover | 0.4% |
| 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 | 8.32% | -26.8% | $19.27 |
| +200 bp | 7.32% | -19.9% | $21.10 |
| +150 bp | 6.82% | -15.6% | $22.21 |
| +100 bp | 6.32% | -10.9% | $23.45 |
| +75 bp | 6.07% | -8.4% | $24.12 |
| +50 bp | 5.82% | -5.7% | $24.82 |
| +25 bp | 5.57% | -2.9% | $25.56 |
| 0 bp | 5.32% | 0% | $26.33 |
| -25 bp | 5.07% | 3.0% | $27.13 |
| -50 bp | 4.82% | 6.2% | $27.97 |
| -75 bp | 4.57% | 9.5% | $28.83 |
| -100 bp | 4.32% | 12.9% | $29.73 |
| -150 bp | 3.82% | 20.1% | $31.63 |
| -200 bp | 3.32% | 27.9% | $33.67 |
| -300 bp | 2.32% | 44.8% | $38.12 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
532 | bp |
| Less: Annual "default factor" |
11 | bp |
| Less: Expense ratio | 28 | bp |
| Equals: ALTAR Score | 4.93 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.7% |
| Government | 7.2% |
| Inflation Protected | 2.4% |
| Mortgage | 5.0% |
| Municipals | 3.5% |
| *Note: The Invesco Taxable Municipal Bond ETF is classified as a Municipals fund. | |