What is PZT?

PZT tracks an index of investment-grade, tax-exempt debt issued by New York or Puerto Rico with at least 15 years remaining to maturity.

PERFORMANCE [as of 03/22/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PZT 1.96% 1.98% 2.35% -4.00% 3.79% 1.60% 2.39%
PZT (NAV) 1.63% 1.58% 2.31% -4.21% 1.95% 1.54% 2.35%
ICE BofAML New York Long-Term Core Plus Municipal Securities Index 1.81% 2.14% 2.86% -3.83% 2.26% 1.56% 2.65%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PZT Factset Analytics Insight

PZT aims to deliver higher yield by holding longer-dated securities. The fund targets exclusively long-maturity (15+ years) municipal bonds, but do note that long-dated issues ratchet up the interest rate risk. Nevertheless, investors who are willing to bear this risk can typically benefit from a bump in yield. PZT also expands its geographical reach outside of New York, as it also hold bonds in any US territory like Puerto Rico and Guam. The underlying index is weighted by market value, and is rebalanced and reconstituted monthly.

PZT Summary Data

Invesco
10/11/07
0.28%
$89.70M
ICE BofAML New York Long-Term Core Plus Municipal Securities Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
-$0.01B 90 Days

PZT Portfolio Data

8.76
--
4.64%
N/A
--

PZT Index Data

ICE BofAML New York Long-Term Core Plus Municipal Securities Index
Market Value
AMT-Free
N/A

PZT Portfolio Management

0.28%
0.36%
0.91%
-0.52%

PZT Tax Exposures

20.00% / 39.60%
0.16%
Ordinary income
No

PZT Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/23/23

This measurement shows how easy it is to trade a $1 million USD block of PZT. PZT is rated a N/A out of 5.

PZT Tradability

14,088
$317.03K
11,747
$260.45K
0.26%
$0.06
-0.09%
0.59% / -0.75%
None
100.00%
50,000
0.23
0.04%
--
0
$22.47
N/A

PZT Sector/Industry Breakdown

PZT Segment
Benchmark
93.65% --
2.19% --
1.92% --
1.12% --
1.12% --

PZT Top 10 Holdings

4.21%
3.03%
3.00%
2.73%
2.45%
2.44%
2.42%
2.36%
2.28%
2.28%
27.20%

PZT Performance Statistics

--
--
--
--
--

PZT Top 5 Countries

PZT Segment
Benchmark
100.00% --

PZT Top 5 Currencies

PZT Segment
Benchmark
100.00% --

PZT Avg Life Maturity Distribution

2.17%
--
--
10.95%
1.23%
--
1.83%
17.87%
65.95%

PZT OAS Breakdown

94.89%
4.74%
--
0.37%
--
--
--
--
--
--
--

PZT Holdings Statistics

20.49 years
8.76
4.64%
8.89
--
--
0.35%