PZA
Invesco National AMT-Free Municipal Bond ETF *Unless otherwise stated, data provided by FactSet.
PZA Fund Description
PZA tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity.
PZA Factset Analytics Insight
PZA offers a distinctive take on the municipal bond space, one that strongly favors longer-dated bonds and revenue bonds. It enjoys high yields for the segment, with marketlike credit risk, though is tilted toward long-dated paper. In sum, PZA is a higher risk and higher reward play on the muni market. Creations / redemptions suffer due to the spotty underlying market liquidity. Tracking has been unreliable at times, which can make its true holding costs unpredictable.
PZA Charts And Performance
Price Chart ($)
Total Return Chart (%)
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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PERFORMANCE [as of 01/21/21]
1 MONTH
3 MONTHS
YTD
1 YEAR
3 YEARS
5 YEARS
10 YEARS
PZA
0.25%
3.47%
0.13%
4.14%
4.91%
4.08%
5.87%
PZA (NAV)
0.20%
3.05%
0.09%
4.12%
4.89%
4.19%
5.82%
ICE BofAML National Long-Term Core Plus Municipal Securities Index
0.29%
3.39%
0.17%
5.16%
5.54%
4.59%
6.32%
Barclays Municipal Bond
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.
PZA Summary Data
10/11/07
Open-Ended Fund
0.35%
$2.24B
$9.56M
0.04%
PZA Portfolio Data
6.48
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3.23%
01/18/21
499
PZA Index Data
ICE BofAML National Long-Term Core Plus Municipal Securities Index
Market Value
AMT-Free
Barclays Municipal Bond
PZA Portfolio Management
0.35%
-0.58%
0.08%
-1.12%
PZA Tax Exposures
20.00% / 39.60%
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Ordinary income
No
PZA Fund Structure
Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
PZA Factset Analytics Block Liquidity
As of 01/22/21
5
4
3
2
1
This measurement shows how easy it is to trade a $1 million USD block of PZA. PZA is rated a N/A out of 5.
PZA Tradability
353,440
$9.56M
288,866
$7.84M
0.04%
$0.01
-0.01%
0.92% / -12.83%
None
100.00%
50,000
5.78
0.04%
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25
$27.09
N/A
PZA Top 10 Holdings[View All]
0.00%
PZA Performance Statistics
0.98
1.27
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PZA Holdings Statistics
8.22 years
6.48
3.23%
6.48
Low
499
1.06%
PZA Avg Life Maturity Distribution
4.84%
4.88%
3.35%
12.74%
29.62%
33.22%
0.35%
2.06%
8.95%
PZA OAS Breakdown
47.39%
47.74%
4.24%
0.56%
0.07%
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