PZAInvesco National AMT-Free Municipal Bond ETF

Get income18y track recordRanked #99 of 1,706 in this goal

Tracks the ICE BofA National Long-Term Core Plus Municipal Securities Index.

By Invesco · Launched 2007

Annual Cost

0.28%

#1,282 of 6,040 · low cost

Fund Size

$4.2B

#501 of 6,040 · large

Return (1Y)

-1.0%

Track Record

18 years

#529 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,890-1.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE BofA National Long-Term Core Plus Municipal Securities Index

Holdings

By weight

Concentration

Top 10 holdings = 1.2% of funddiversified

New York (State of) Dormitory Authority

0.1%

California (State of) Health Facilities Financing Authority (Kaiser Permanente)

0.1%

Texas Water Development Board

0.1%

University of California

0.1%

Dallas (City of), TX Independent School District

0.1%

New York (State of) Dormitory Authority

0.1%

Salt River Project Agricultural Improvement & Power District

0.1%

California (State of)

0.1%

Metropolitan Transportation Authority (Green Bonds)

0.1%

Monroe County Industrial Development Corp. (University of Rochester)

0.1%

Asset allocation

Bonds

99.8%

Cash

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.1%Low

Year-on-year price swings

Max drawdown

-21.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.25Below average

Sortino (3Y)

-0.33Moderate downside risk

Bond profile

Duration

4.6 years

Avg maturity

9.7 years

Credit ratings

AAA

16.3%

55.5%

23.7%

BBB

4.4%

0.1%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the ICE BofA National Long-Term Core Plus Municipal Securities Index.
Strategy: Invests primarily in U.S. dollar-denominated, tax-exempt municipal debt publicly issued by U.S. states and territories, seeking to track the ICE BofA National Long-Term Core Plus Municipal Securities Index. Utilizes a sampling methodology to achieve investment results while maintaining investment grade quality.
Inception date: October 11, 2007
Fund family: Invesco