Fund Description |
The Invesco National AMT-Free Municipal Bond ETF (Fund) is based on The ICE BofAML National Long-Term Core Plus Municipal Securities Index (Index). The Fund generally will invest at least 80% of its total assets in municipal securities that comprise the Index and that also are exempt from the federal alternative minimum tax. The Index is composed of US dollar-denominated, investment grade, tax-exempt debt publicly issued by US. states and territories, or their political subdivisions, in the US domestic market with a term of at least 15 years remaining to final maturity. The Index is adjusted monthly and its constituents are capitalization-weighted based on their current amount outstanding. The Fund and the Index are rebalanced and reconstituted monthly. |
Fund Profile |
Fund Name |
Invesco National AMT-Free Municipal Bond ETF |
Fund Exchange Ticker |
PZA |
Fund Sponsor |
Invesco |
Fund ISIN |
US46138E5371 |
Net Expense Ratio |
0.28 % |
Fund Inception Date |
11 October 2007 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Bonds - Municipal |
Asset Class |
Bonds |
Index Linked |
Passive |
Index Name |
ICE BofA Merrill Lynch National Long-Term Core Plus Municipal Securities Index |
Index Provider |
ICE Indices |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Bond Type |
Municipal |
Credit Quality |
Investment Grade Only |
Average Maturity |
Fund Holds All Maturity Ranges |
Bond Currency Denomination |
USD |
Key Statistics |
Return As of Date |
9 August 2022 |
Asset Under Management |
2070.90 Million (USD) |
1 Month Total Return |
1.26 % |
Year To Date Return |
-10.39 % |
1 Year Total Return |
-10.13 % |
3 Year Annualized Total Return |
-1.22 % |
NAV |
24.1223 |
Share Outstanding |
85,850,000 |
Top 10 Holdings (8 August 2022) |
Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
Cash/Receivables/Payables |
|
CASH |
0.0115441489 |
Los Angeles County Metropolitan Transportation Authority Sal |
|
BOND |
0.0106671514 |
Colorado Health Facilities Authority |
|
BOND |
0.0094907545 |
San Diego Unified School District/CA |
|
BOND |
0.0069000848 |
Los Angeles County Public Works Financing Authority |
|
BOND |
0.0058403248 |
Colorado Health Facilities Authority |
|
BOND |
0.0058315939 |
Commonwealth of Massachusetts |
|
BOND |
0.0057749485 |
LICKING HEIGHTS LOCAL |
|
BOND |
0.0054533514 |
Ohio Water Development Authority Water Pollution Control Loa |
|
BOND |
0.0054332605 |
GRAND PKWY TRANSPRTN |
|
BOND |
0.0053404950 |