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Invesco National AMT-Free Muni Bd ETF PZA

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

Morningstar’s Analysis PZA

Will PZA outperform in 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 PZA’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PZA 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 PZA’s parent organization’s priorities and whether they’re in line with investors’ interests.

An affordable option for long-term tax-exempt income.

Analyst Lan Anh Tran

Lan Anh Tran

Analyst

Summary

Invesco National AMT-Free Municipal Bond ETF PZA is an affordable choice for investors seeking tax-exempt income at the long end of the yield curve. The fund earns a Morningstar Analyst Rating of Bronze.

by Lan Anh Tran
Rated on Published on

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Portfolio Holdings PZA

More PZA Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1282
  • Other Holdings 1
  • % Assets in Top 10 Holdings 4.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST 5%

0.76
18,707,736
municipal

SAN DIEGO CALIF UNI SCH DIST 4%

0.58
14,234,200
municipal

COLORADO HEALTH FACS AUTH REV 4%

0.56
13,893,206
municipal

CALIFORNIA ST 5%

0.46
11,315,244
municipal

LICKING HEIGHTS OHIO LOC SCH DIST 5.5%

0.44
10,811,639
municipal

GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5%

0.42
10,456,213
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%

0.41
10,124,942
municipal

JURUPA CALIF UNI SCH DIST 4%

0.41
10,118,376
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

0.40
9,957,229
municipal

UNIVERSITY CALIF REVS 5%

0.40
9,784,122
municipal