Invesco Taxable Municipal Bond ETF(BAB · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BAB $26.26
Snapshot
$26.26
52-Week Range
$26.15 – $27.73
YTD
-3.35%
IV Rank (30D)
11.88
Straddle Price
$1.02
Info

Invesco Taxable Municipal Bond ETF (BAB) ETF

Exchange
ARCX
Inception
2009-11-17
Has Options
Yes
ETF Profile
holdings as of 2026-09-05
Holdings
1993
AUM
$884.5M
Provider
Invesco
Inception
2009-11-17
Exchange
ARCX
Data As Of
2026-09-05
Expense Ratio
Dividend Yield
4.28%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-08-24 2026-08-28 $0.1002 CD
2026-07-20 2026-07-24 $0.0998 CD
2026-06-22 2026-06-26 $0.0959 CD
2026-05-18 2026-05-22 $0.0977 CD
2026-04-20 2026-04-24 $0.0912 CD
2026-03-23 2026-03-27 $0.0946 CD
Asset Allocation
Top Holdings
top 50 of 1993 holdings
Symbol Name Weight % Asset Class Country
ILS State of Illinois 1.62% Municipal Bond US
CAS State of California 1.32% Municipal Bond CA
AGPXX Invesco Government & Agency Portfolio 1.16% Cash/Money Market
CAS State of California 0.97% Municipal Bond CA
CAS State of California 0.96% Municipal Bond CA
CAS State of California 0.79% Municipal Bond CA
NJSTRN New Jersey Turnpike Authority 0.77% Municipal Bond US
TNGUTL Texas Natural Gas Securitization Finance Corp 0.68% Municipal Bond US
NJSDEV New Jersey Economic Development Authority 0.60% Municipal Bond US
CTS State of Connecticut 0.58% Municipal Bond US
CAS State of California 0.57% Municipal Bond CA
NJSTRN New Jersey Turnpike Authority 0.53% Municipal Bond US
LASGOV Louisiana Local Government Environmental Facilities & Community Development Auth 0.53% Municipal Bond
CHI City of Chicago IL 0.52% Municipal Bond NZ
CAS State of California 0.48% Municipal Bond CA
NYCGEN New York City Transitional Finance Authority Future Tax Secured Revenue 0.47% Municipal Bond US
MTATRN Metropolitan Transportation Authority 0.46% Municipal Bond US
TXSTRN Texas Department of Transportation State Highway Fund 0.45% Municipal Bond US
FLSGEN State Board of Administration Finance Corp 0.42% Municipal Bond US
FLSGEN State Board of Administration Finance Corp 0.39% Municipal Bond US
AMEPWR American Municipal Power Inc 0.39% Municipal Bond US
UNVHGR University of Michigan 0.38% Municipal Bond US
UNVHGR University of California 0.38% Municipal Bond US
PORTRN Port Authority of New York & New Jersey 0.38% Municipal Bond
MELPWR Municipal Electric Authority of Georgia 0.36% Municipal Bond US
DALFAC Dallas Convention Center Hotel Development Corp 0.33% Municipal Bond US
CAS State of California 0.32% Municipal Bond CA
NRTTRN North Texas Tollway Authority 0.32% Municipal Bond US
BAYTRN Bay Area Toll Authority 0.31% Municipal Bond US
LOSUTL Los Angeles Department of Water & Power 0.31% Municipal Bond
NYC City of New York NY 0.30% Municipal Bond US
UNVHGR University of California 0.30% Municipal Bond US
OKSDEV Oklahoma Development Finance Authority 0.30% Municipal Bond US
GCHWTR Metropolitan Water Reclamation District of Greater Chicago 0.29% Municipal Bond US
METAPT Metropolitan Washington Airports Authority Dulles Toll Road Revenue 0.29% Municipal Bond US
GPTTRN Grand Parkway Transportation Corp 0.29% Municipal Bond US
MAS Commonwealth of Massachusetts 0.29% Municipal Bond US
DALAPT Dallas Fort Worth International Airport 0.29% Municipal Bond US
NYSHGR New York State Dormitory Authority 0.29% Municipal Bond US
MTATRN Metropolitan Transportation Authority Dedicated Tax Fund 0.28% Municipal Bond US
LASGOV Louisiana Local Government Environmental Facilities & Community Development Auth 0.28% Municipal Bond
UMAFAC University of Massachusetts Building Authority 0.28% Municipal Bond US
TXS State of Texas 0.28% Municipal Bond US
NYC City of New York NY 0.28% Municipal Bond US
NJSTRN New Jersey Transportation Trust Fund Authority 0.27% Municipal Bond US
MELPWR Municipal Electric Authority of Georgia 0.27% Municipal Bond US
LASGOV Louisiana Local Government Environmental Facilities & Community Development Auth 0.27% Municipal Bond
BAYTRN Bay Area Toll Authority 0.26% Municipal Bond US
CAS State of California 0.26% Municipal Bond CA
SANUTL City of San Antonio TX Electric & Gas Systems Revenue 0.26% Municipal Bond
Non-Equity Breakdown
Invesco Taxable Municipal Bond ETF · NPORT-P period 2026-08-31 (filed 2026-04-28)
Net assets: $1.06B · 1480 total positions · equity 0.00% · non-equity 98.80%
Non-equity holdings — 1480 positions, 98.80% of NAV
Category Weight Value Positions
Municipal 97.32% $1.03B 1479
Short-term investment 1.49% $15.8M 1
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +3.20% 21
Feb +0.41% 21
Mar -1.55% 21
Apr -0.31% 21
May +0.68% 21
Jun +0.29% 20
Jul +0.46% 20
Aug +0.84% 20
Sep -0.50% 20
Oct +0.03% 19
Nov +1.23% 20
Dec +0.71% 20
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $26.35
SMA 50: $26.49
SMA 200: $26.93
Current: $26.26
EMA 12: $26.30
EMA 26: $26.37
MACD: -0.0649 | Signal: -0.0102
BEARISH
ADX (14): 13.66
RANGE
+DI: 18.32
−DI: 27.10

Momentum Oscillators

RSI (14): 43.70
NEUTRAL
Stoch %K: 18.47
Stoch %D: 11.81
Williams %R: -71.05

Volume & Volatility

BB Upper: $26.54
BB Lower: $26.16
NEUTRAL
OBV: -11,360,968
Vol SMA 20: 567,472
Vol ROC: -16.35%
ATR: $0.12
True Range: $0.07
HV 20: 5.3%
HV 30: 5.5%
HV 60: 5.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-09T00:00:00 – 2026-09-04T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
IV Rank (30D)
11.88
IV Rank (7D)
25.54
Avg IV
24.9%
Straddle (30D)
$1.02
Straddle (7D)
$0.88
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
pts EXTREME
ATM — / Wing —
30 DTE / 10d
pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.12
Correlation (SPY)
27.7%
0.08
Ann. Volatility
5.5%
SPY Volatility
12.8%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month