Fund Description
The Invesco New York AMT-Free Municipal Bond ETF (Fund) is based on The ICE BofAML New York 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 New York or any US territory, 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 New York AMT-Free Municipal Bond ETF
Fund Exchange Ticker PZT
Fund Sponsor Invesco
Fund ISIN US46138E5298
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 New York 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 22 March 2019
Asset Under Management 64.79 Million (USD)
1 Month Total Return 1.99 %
Year To Date Return 3.45 %
1 Year Total Return 5.49 %
3 Year Annualized Total Return 2.91 %
NAV 24.45
Share Outstanding 2,650,000
Top 10 Holdings (25 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
New York City Industrial Development Agency BOND 0.0409439739
Utility Debt Securitization Authority BOND 0.0389201918
New York State Dormitory Authority BOND 0.0374214361
New York State Dormitory Authority BOND 0.0367544415
Brooklyn Arena Local Development Corp BOND 0.0363500767
New York Convention Center Development Corp BOND 0.0349428146
New York Liberty Development Corp BOND 0.0347805930
City of New York NY BOND 0.0346963912
New York City Water & Sewer System BOND 0.0333041231