BlackRock Build America Bond Trust (BBN)
Competitors to BlackRock Build America Bond Trust (BBN)
Invesco Build America Bond ETF BAB +0.67%
The Invesco Build America Bond ETF provides a competitive investment vehicle focusing on the same market of Build America bonds. Invesco differentiates itself through lower expense ratios and a transparent ETF structure, attracting cost-conscious, passive investors. This structure can provide them a competitive edge over BlackRock in terms of liquidity and ease of trading, thus appealing to a different segment of the investment community.
Nuveen Build America Bond Fund NBB -0.19%
Nuveen Build America Bond Fund primarily competes with BlackRock's Build America Bond Trust by offering a similar investment strategy focused on municipal bonds that benefit from federal subsidies. Both funds aim to appeal to investors seeking attractive yields from tax-exempt income. However, Nuveen may have a competitive advantage in their broader product offerings and strong distribution network, allowing them to reach a wider range of investors and financial advisors.
SPDR Nuveen Bloomberg Barclays Municipal Bond ETF TFI +0.47%
The SPDR Nuveen Bloomberg Barclays Municipal Bond ETF invests in a diversified portfolio of municipal bonds and competes with BlackRock by offering a similar risk-return profile. This ETF benefits from the trust and visibility of the SPDR brand, known for its extensive distribution and research capabilities. Their diversified exposure and lower management fees give them a competitive edge, making them attractive to investors looking for broad municipal bond exposure without the complexities of actively managed funds like BlackRock's BBN.
Vanguard Tax-Exempt Bond ETF VTEB +0.52%
Vanguard's Tax-Exempt Bond ETF competes with BlackRock's Build America Bond Trust by targeting investors who are focused on tax efficiency. Vanguard's reputation for low-cost investing and passive management offers a compelling alternative for investors seeking to minimize costs while still aiming for tax-advantaged income. Their competitive advantage lies in their strong brand loyalty and emphasis on low fees, which often attracts a large pool of passive investors.