BAB vs TAXT
Invesco Taxable Municipal Bond ETF compared with Northern Trust Tax-Exempt Bond ETF on yield, payout growth, payment schedule, cost and risk.
BAB
Invesco Taxable Municipal Bond ETF
TTM yield · Monthly
TAXT
Northern Trust Tax-Exempt Bond ETF
TTM yield · Monthly
Quick take
- BAB yields more today: 4.28% vs 3.35% (forward).
- Both pay every month.
- Over the last year TAXT delivered the higher total return: +3.4% vs +2.8% (price change plus payouts).
- TAXT is cheaper to own: 0.05% vs 0.28% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BAB | TAXT |
|---|---|---|
| Share price | $26.26 | $50.22 |
| TTM yield | 4.28% | 3.35% |
| Forward yield | 4.28% | 3.35% |
| Annual payout per share | $1.124 | $1.682 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 21, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.28% | 0.05% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 95/100 | 89/100 |
| 1-year total return | +2.8% | +3.4% |
| 1-year price return | -1.5% | +0.1% |
| Size (market cap / AUM) | 900.7M | 64.9M |
| Years paying | 16.7 | 1.0 |
| Sector / category | Muni National Long | Muni National Long |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| BAB | TAXT | |
|---|---|---|
| Shares | 380.8 | 199.1 |
| Income per year | $428 | $335 |
| Income per month (avg) | $36 | $28 |
At forward yields, before taxes. Model BAB · Model TAXT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| BAB Sep 21, 2026 | Oct 5, 2026 | $0.0937 | Est. |
| BAB Oct 19, 2026 | Nov 2, 2026 | $0.0937 | Est. |
| BAB Nov 16, 2026 | Nov 30, 2026 | $0.0937 | Est. |
| TAXT Oct 1, 2026 | Oct 6, 2026 | $0.1402 | Est. |
| TAXT Oct 31, 2026 | Nov 5, 2026 | $0.1402 | Est. |
| TAXT Nov 30, 2026 | Dec 5, 2026 | $0.1402 | Est. |
Annual payouts per share
BABTAXT
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, BAB or TAXT?
BAB currently has the higher trailing yield: BAB yields 4.28% and TAXT yields 3.35%. Yield changes daily with price, so check the live figures above.
How often do BAB and TAXT pay?
BAB pays every month and TAXT pays every month. BAB's next ex-date is Sep 21, 2026 and TAXT's is Oct 1, 2026.
Is BAB or TAXT better for income?
It depends on what you are optimising for. BAB and TAXT differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.