BAB vs TMNL
Invesco Taxable Municipal Bond ETF compared with T. Rowe Price Long Municipal Income ETF on yield, payout growth, payment schedule, cost and risk.
BAB
Invesco Taxable Municipal Bond ETF
TTM yield · Monthly
TMNL
T. Rowe Price Long Municipal Income ETF
TTM yield · Monthly
Quick take
- TMNL yields more today: 4.36% vs 4.28% (forward).
- Both pay every month.
- TMNL is cheaper to own: 0.26% vs 0.28% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | BAB | TMNL |
|---|---|---|
| Share price | $26.26 | $48.91 |
| TTM yield | 4.28% | 3.27% |
| Forward yield | 4.28% | 4.36% |
| Annual payout per share | $1.124 | $2.1347 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 21, 2026 (est.) | Sep 25, 2026 (est.) |
| Expense ratio | 0.28% | 0.26% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | 0 years |
| Payout consistency (last 12) | 95/100 | 97/100 |
| 1-year total return | +2.8% | — |
| 1-year price return | -1.5% | — |
| Size (market cap / AUM) | 900.7M | 22.1M |
| Years paying | 16.7 | 0.7 |
| 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 | TMNL | |
|---|---|---|
| Shares | 380.8 | 204.4 |
| Income per year | $428 | $436 |
| Income per month (avg) | $36 | $36 |
At forward yields, before taxes. Model BAB · Model TMNL
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. |
| TMNL Sep 25, 2026 | Sep 27, 2026 | $0.1779 | Est. |
| TMNL Oct 25, 2026 | Oct 27, 2026 | $0.1779 | Est. |
| TMNL Nov 24, 2026 | Nov 26, 2026 | $0.1779 | Est. |
Annual payouts per share
BABTMNL
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 TMNL?
BAB currently has the higher trailing yield: BAB yields 4.28% and TMNL yields 3.27%. Yield changes daily with price, so check the live figures above.
How often do BAB and TMNL pay?
BAB pays every month and TMNL pays every month. BAB's next ex-date is Sep 21, 2026 and TMNL's is Sep 25, 2026.
Is BAB or TMNL better for income?
It depends on what you are optimising for. BAB and TMNL 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.