PZTInvesco New York AMT-Free Municipal Bond ETF

Get income18y track recordRanked #494 of 1,706 in this goal

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

By Invesco · Launched 2007

Annual Cost

0.28%

#1,282 of 6,040 · low cost

Fund Size

$141M

#2,784 of 6,040 · mid-size

Return (1Y)

-1.5%

Track Record

18 years

#529 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,804-2.0%

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 New York Long-Term Core Plus Municipal Securities Index

Holdings

By weight

Concentration

Top 10 holdings = 9.9% of funddiversified

New York (State of) Dormitory Authority

1.8%

New York (City of), NY Industrial Development Agency (Yankee Stadium)

1.0%

Hudson Yards Infrastructure Corp.

1.0%

New York (State of) Dormitory Authority

0.9%

New York (State of) Power Authority (Green Bonds)

0.9%

New York (State of) Power Authority (Green Bonds)

0.9%

New York (State of) Dormitory Authority (Yeshiva University)

0.9%

Battery Park City Authority

0.9%

New York (State of) Dormitory Authority (Northwell Health Obligated Group)

0.8%

Long Island (City of), NY Power Authority

0.8%

Asset allocation

Bonds

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.9%Low

Year-on-year price swings

Max drawdown

-19.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

-0.23Below average

Sortino (3Y)

-0.31Moderate downside risk

Bond profile

Duration

4.5 years

Avg maturity

9.6 years

Credit ratings

AAA

14.8%

59.4%

20.0%

BBB

5.7%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the ICE BofA New York Long-Term Core Plus Municipal Securities Index.
Strategy: Invests at least 80% of total assets in U.S. dollar-denominated, tax-exempt municipal debt publicly issued by New York, using a sampling methodology to replicate the ICE BofA New York Long-Term Core Plus Municipal Securities Index. The Fund is non-diversified and may concentrate investments in specific industries as reflected in the Underlying Index.
Inception date: October 11, 2007
Fund family: Invesco