# Invesco Taxable Municipal Bond ETF (BAB): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bab for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Fixed Income - Strategy: Passive Index · Inception: 2009-11-17 Invesco Exchange-Traded Fund Trust II - Invesco Taxable Municipal Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in U.S. dollar-denominated, investment grade taxable municipal debt publicly issued by U.S. states and territories, and their political subdivisions with at least one year remaining to final maturity. The fund seeks to track the performance of the ICE BofA US Taxable Municipal Securities Plus Index, by using representative sampling technique. Invesco Ex... ## Key Facts | Metric | Value | |---|---| | Price | $25.79 | | Expense Ratio | 0.28% | | Assets Under Management | $868.6M | | NAV | $25.77 | | Holdings Count | 2170 | | Distribution Yield (TTM) | 4.44% | | Annual Distribution (TTM) | $1.15 /share | | Distribution Frequency | Monthly | | 52-Week Range | $25.15 – $27.73 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.1026 /share - Ex-date: 2026-10-19 - Pay date: 2026-10-23 ## Frequently Asked Questions ### What does BAB invest in? Invesco Exchange-Traded Fund Trust II - Invesco Taxable Municipal Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in fixed income markets of the United States. It primarily invests in U.S. dollar-denominated, investment grade taxable municipal debt publicly issued by U.S. states and territories, and their political subdivisions with at least one year remaining to final maturity. The fund seeks to track the performance of the ICE BofA US Taxable Municipal Securities Plus Index, by using representative sampling technique. Invesco Exchange-Traded Fund Trust II - Invesco Taxable Municipal Bond ETF was formed on November 17, 2009 and is domiciled in the United States. ### What is the expense ratio of BAB? Invesco Taxable Municipal Bond ETF (BAB) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BAB's dividend yield? BAB's trailing-twelve-month yield is 4.44%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BAB? Effective duration measures BAB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BAB's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BAB? BAB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BAB? Yield to maturity (YTM) is the total return you'd earn from BAB if every bond in the portfolio is held to maturity at the current price. BAB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BAB pay a dividend? Yes, Invesco Taxable Municipal Bond ETF (BAB) distributes dividends to shareholders. The trailing-twelve-month yield is 4.44%. Full dividend history is on this page. ### How often does BAB pay dividends? Invesco Taxable Municipal Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BAB's next ex-dividend date? The most recently announced ex-dividend date for BAB was 2026-10-19. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BAB's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.28% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BAB charge its expense ratio? The expense ratio is deducted in tiny daily slices from BAB's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BAB cost more than a fund like VOO? BAB is a passive index fund (current expense ratio 0.28%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to BAB? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BAB (0.28%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bab - Distribution history: https://www.dividenddata.com/funds/bab/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bab/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bab/expenses - Peer comparison: https://www.dividenddata.com/funds/bab/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.