PortfolioMetrics

PZA

- Invesco National AMT-Free Municipal Bond ETF

Key Information

Earliest date2008-01-02
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderInvesco
IndexICE BofA National Long-Term Core Plus Municipal
Expense Ratio0.28%
Number Of Holdings2219
Inception Date2007-10-11
Asset ClassBonds
CurrencyUSD
ListingUS-listed
Bond TypeMunicipal Bonds
Non-leveragedNon-leveraged

About PZA

The Invesco National AMT-Free Municipal Bond ETF (PZA) tracks an index of municipal bonds, providing tax-efficient income and relatively low risk. The fund invests in insured municipal bonds, offering a solid choice for investors seeking broad exposure to the muni market with lower levels of risk. While it has a lower rate of interest and moderate diversification, it can be a suitable option for risk-averse investors in high tax brackets.