PZA
Invesco National AMT-Free Municipal Bond ETFPZA 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, which helps put it on our Opportunities List. It trades well in small quantities, though creations / redemptions suffer due to the spotty underlying market liquidity. It charges a few more basis points than its competitors, but its tracking has been unreliable at times, which can make its true holding costs unpredictable.
PZA Charts And Performance
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PZA Portfolio Data
PZA Index Data
PZA Portfolio Management
PZA Tax Exposures
PZA Fund Structure
PZA Factset Analytics Block Liquidity
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
PZA Sector/Industry Breakdown
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PZA Top 10 Holdings[View All]
PZA Top 5 Countries
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PZA Top 5 Currencies
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PZA Performance Statistics
PZA Holdings Statistics
PZA Avg Life Maturity Distribution
PZA OAS Breakdown
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