|
Invesco Taxable Municipal Bond ETF
|
|||||||||||||||||
- 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) | $924 |
| 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. |
| 2.6% | -1.4% | -1.6% | 2.7% | 4.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.15 | 82% |
| S&P500 | 0.36 | 39% |
| MSCI EAFE | 0.41 | 58% |
| MSCI Emg. Mkts. | 0.39 | 54% |
| Recent close | $27.38 |
| 30d moving avg. | $26.78 |
| Annualized volatility | 8.8% |
| Short interest (ETF) | 2.0% |
| Relative strength (RSI) | 63 |
| Avg. volume (thou.) | 131 |
| 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 | 8.03% | -26.8% | $20.04 |
| +200 bp | 7.03% | -19.9% | $21.94 |
| +150 bp | 6.53% | -15.6% | $23.10 |
| +100 bp | 6.03% | -10.9% | $24.39 |
| +75 bp | 5.78% | -8.4% | $25.08 |
| +50 bp | 5.53% | -5.7% | $25.81 |
| +25 bp | 5.28% | -2.9% | $26.58 |
| 0 bp | 5.03% | 0% | $27.38 |
| -25 bp | 4.78% | 3.0% | $28.21 |
| -50 bp | 4.53% | 6.2% | $29.08 |
| -75 bp | 4.28% | 9.5% | $29.98 |
| -100 bp | 4.03% | 12.9% | $30.92 |
| -150 bp | 3.53% | 20.1% | $32.90 |
| -200 bp | 3.03% | 27.9% | $35.01 |
| -300 bp | 2.03% | 44.8% | $39.65 |
*Fund Category: MUNICIPALS
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
503 | bp |
| Less: Annual "default factor" |
11 | bp |
| Less: Expense ratio | 28 | bp |
| Equals: ALTAR Score | 4.64 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.8% |
| Corporate | 3.7% |
| Emerging Market | 5.3% |
| Government | 6.9% |
| Inflation Protected | 1.9% |
| Mortgage | 4.6% |
| Municipals | 3.1% |
| *Note: The Invesco Taxable Municipal Bond ETF is classified as a Municipals fund. | |