Invesco US Municipal Bond UCITS ETF Dist

Invesco US Municipal Bond UCITS ETF Dist

About

Invesco US Municipal Bond UCITS ETF Dist (IE00BNG70R26) is a UCITS-compliant bond ETF tracking the ICE BofA US Taxable Municipal Securities Plus Index. With a TER of 0.28%, it is moderately priced. The fund holds 416 positions across 1 region with 14M in assets, with heavy concentration — 34% in government bonds.

ISIN
Fund Size $13.5M
Issuer Invesco
Distribution —
Replication Physical
Inception Feb 2021
Base Currency USD
Index ICE BofA US Taxable Municipal Securities Plus Index
Asset Class Bonds
Category Us Corporate Bond

Costs

7.2
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

6.1
This fund holds 416 individual investments, offering moderate diversification compared to other ETFs.
#1
State of California
1.55%
#2
State of California
1.33%
#3
State of California
1.23%
#4
State of Illinois
1.15%
#5
New Jersey Turnpike Authority
1.14%
#6
State of California
0.82%
#7
Port Authority of New York & New Jersey
0.81%
#8
North Texas Tollway Authority
0.80%
#9
State of California
0.78%
#10
Oregon Housing & Community Service 6.25% 01/07/53
0.75%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2023-06-20 — 2026-06-18).
5.1%
Volatility
-8.5%
Max Drawdown
-0.48
Sharpe Ratio
-0.64
Sortino Ratio
-0.28
Calmar Ratio
0.19
Beta
-7.43%
Alpha (Jensen's)
0.108
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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