Morningstar

Invesco California AMT-Free Municipal Bond ETF PWZ

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis PWZ

Will PWZ outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PWZ’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PWZ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PWZ’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Invesco California AMT-Free Muni Bd ETF holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings PWZ

More PWZ Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA HEALTH FACS FING AUTH REV 4%

0.86 10M
municipal

UNIV CALIF REGTS MED CTR POOLED REV 5%

0.62 7M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

0.59 7M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

0.53 6M
municipal

UNIV CALIF REGTS MED CTR POOLED REV 4%

0.52 6M
municipal

CALIFORNIA EDL FACS AUTH REV 5%

0.50 6M
municipal

CALIFORNIA EDL FACS AUTH REV 5%

0.48 5M
municipal

UNIVERSITY CALIF REVS 5%

0.46 5M
municipal

LOS ANGELES CALIF UNI SCH DIST 4%

0.43 5M
municipal

FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 4%

0.42 5M
municipal

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