PWZ Invesco California AMT-Free Municipal Bond ETF
What is PWZ?
PWZ tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity.
PWZ Factset Analytics Insight
PWZ focuses on AMT-free bonds primarily within the California municipal debt market but includes small amounts in US territories such as Puerto Rico and Guam muni issues as they currently enjoy the same tax treatment as California munis. The index selects US-denominated investment-grade tax-exempt debt securities that have at least 15 years remaining term to maturity. The fund may carry more interest rate risk due to the skew towards long-dated bonds. The fund also tilts heavily toward the volatile revenue bond sector. These biases boost the fund’s yield, but also increase risk. The fund and the index are rebalanced and reconstituted monthly.
PWZ Summary Data
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PWZ Portfolio Data
PWZ Index Data
PWZ Portfolio Management
PWZ Tax Exposures
PWZ Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PWZ. PWZ is rated a N/A out of 5.
PWZ Tradability
PWZ Sector/Industry Breakdown
Benchmark
PWZ Top 10 Holdings
PWZ Performance Statistics
PWZ Top 5 Countries
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PWZ Top 5 Currencies
Benchmark