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PVI vs LMUB

Invesco Floating Rate Municipal Income ETF vs iShares Long-Term National Muni Bd ETF

PVI

Invesco Floating Rate Municipal Income ETF

Annual cost

0.25%

Fund size

$31M

LMUB

iShares Long-Term National Muni Bd ETF

Annual cost

0.09%

Fund size

$1.5B

Key differences

  • LMUB costs 0.16% less per year.
  • LMUB is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.
  • PVI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PVILMUB
Annual cost (TER)0.25%0.09%
Fund size (AUM)$31M$1.5B
Since20072025
Dividend yield2.16%3.96%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.0%+8.5%
CAGR 3Y+2.6%N/A
CAGR 5Y+1.9%N/A
Sharpe 3Y-0.40N/A
Volatility 1Y2.62%4.26%
Max drawdown-1.16%-5.51%

Similar to PVI and LMUB