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PowerShares Taxable Municipal Bond Portfolio (BAB)

30.76
Delayed Data
As of Dec 15
 0.00 / 0.00%
Today’s Change
28.75
Today|||52-Week Range
30.98
+5.74%
Year-to-Date

Investment Objective

The investment seeks investment results that generally correspond to the price and yield (before fees and expenses) of the ICE BofAML US Taxable Municipal Securities Plus Index. The fund generally will invest at least 80% of its total assets in taxable municipal securities that comprise the underlying index. The underlying index is designed to track the performance of U.S. dollar-denominated taxable municipal debt publicly issued by U.S. states and territories- and their political subdivisions- in the U.S. market.

Muni ETFs: Value Trap or Value Play in 2018?
Dec 06 / Zacks.com - Paid Partner Content
 

Performance

1 month+0.53% 3 years+4.69%
3 months+1.65% 5 years+4.82%
1 year+9.59% Since inception+7.69%
Data through 12/16/2017

Quote Details

Previous close$30.76
Open day’s range30.67 – 30.81
Net asset value (NAV)30.77 (12/15/2017)
Daily volume52,908
Average volume (3 months)112,585
Data as of 8:00pm ET, 12/15/2017

Peer Comparisonvs. Long-term bond ETFs

 BABCategory
Performance 5-yr return+4.82%+4.38%
Expense Gross exp ratio0.29%0.66%
Risk 5 year sharpe ratio0.810.62
Net assets$975.8M$1.9B
Average market cap----
Average P/E----
Dividend / Share--0.04%

Competitors

ILTB iShares Core 10+ Year USD Bond ETF
BLV Vanguard Long-Term Bond Index Fund ETF S...

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.68%
-- 2.67%
-- 2.13%
-- 1.77%
-- 1.75%
-- 1.65%
-- 1.62%
-- 1.48%
-- 1.45%
-- 1.45%