BAB Performance — Invesco Taxable Municipal Bond ETF
Data updated: 2026-07-29
BAB returned +0.68% year to date and +6.49% over one year to May 2026. Annualised returns are +4.39% over 3 years and −0.29% over 5 years. Against its Long-Term Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $114, against $112 for the category, and to $106 over one year, against $107. Volatility over the past three years was 6.70% a year. In the 12 months to May 2026 the fund took in a net $126.9M, and assets reached $1.07B.
BAB Growth of $100
What $100 invested in Invesco Taxable Municipal Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | BAB | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $107 |
| 3 years (Jun 2023 – May 2026) | $114 | $112 |
| 5 years (Jun 2021 – May 2026) | $99 | $103 |
| Since data start (Sep 2019 – May 2026) | $103 | $109 |
BAB Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.68% |
| 1 year | +6.49% |
| 3 years (annualised) | +4.39% |
| 5 years (annualised) | −0.29% |
BAB Annual Returns
Calendar-year total returns of Invesco Taxable Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.68% |
| 2025 | +7.47% |
| 2024 | +1.57% |
| 2023 | +8.47% |
| 2022 | −19.36% |
| 2021 | +0.81% |
| 2020 | +9.43% |
| 2019 (Sep–Dec) | −2.64% |
BAB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +2.7% | −2.5% | 0.0% | +0.3% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +2.9% | −0.6% | 0.0% | −1.2% | +2.0% | 0.0% | +1.1% | +1.7% | +1.0% | +0.5% | −0.6% |
| 2024 | +0.3% | −1.1% | +1.0% | −3.0% | +2.0% | +1.0% | +2.6% | +1.5% | +1.2% | −2.5% | +1.7% | −2.8% |
| 2023 | +5.1% | −2.1% | +2.2% | +0.9% | −1.3% | +0.1% | −0.7% | −0.1% | −3.1% | −1.9% | +4.8% | +4.6% |
| 2022 | −2.3% | −1.0% | −5.6% | −5.0% | −1.1% | −0.6% | +1.7% | −2.6% | −5.1% | −3.1% | +4.3% | −0.5% |
| 2021 | +0.3% | −2.0% | −2.2% | +1.6% | +0.7% | +1.9% | +1.9% | −0.3% | −1.5% | +0.5% | +1.1% | −1.1% |
| 2020 | +4.3% | +3.5% | −6.6% | +0.9% | +1.2% | +2.9% | +2.5% | −0.3% | −0.1% | −1.9% | +2.1% | +1.1% |
| 2019 | — | — | — | — | — | — | — | — | −1.4% | −0.3% | −0.1% | −0.9% |
BAB Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.70%
- 3-year Sharpe ratio: -0.02 (vs 4.5% risk-free rate)
- Best month: +4.81% (Nov 2023)
- Worst month: −3.09% (Sep 2023)
BAB Fund Flows
Monthly money in and out of Invesco Taxable Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $126.9M
- 12-month gross sales (incl. reinvestments): $178.1M
- Sales ÷ redemptions: 3.48×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $34.4M | $2.7M | $31.8M |
| Apr 2026 | $9.5M | $0 | $9.5M |
| Mar 2026 | $0 | $2.7M | −$2.7M |
| Feb 2026 | $0 | $11.0M | −$11.0M |
| Jan 2026 | $23.1M | $0 | $23.1M |
| Dec 2025 | $19.1M | $0 | $19.1M |
| Nov 2025 | $5.5M | $0 | $5.5M |
| Oct 2025 | $82.5M | $0 | $82.5M |
| Sep 2025 | $4.1M | $0 | $4.1M |
| Aug 2025 | $0 | $29.5M | −$29.5M |
| Jul 2025 | $0 | $2.6M | −$2.6M |
| Jun 2025 | $0 | $2.7M | −$2.7M |
BAB Assets Under Management
Net assets of Invesco Taxable Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.07B |
| 2026-02-28 | $1.06B |
| 2025-11-30 | $1.02B |
| 2025-08-31 | $904.94M |
| 2025-05-31 | $921.03M |
| 2025-02-28 | $982.97M |
| 2024-11-30 | $1.08B |
| 2024-08-31 | $1.19B |
| 2024-05-31 | $1.17B |
| 2024-02-29 | $1.57B |
| 2023-11-30 | $1.51B |
| 2023-08-31 | $1.52B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.