PZA

Invesco National AMT-Free Municipal Bond ETFo

Bonds / Fixed IncomePSEInvesco ETF
$22.46
- (+0.09%)
Real-time · Sep 3, 2026 12:18 PM ET

Key Statistics

Net Assets (AUM)
$541.29M
Expense Ratio
See prospectus
Previous Close
$22.46
Day Range
$22.46 – $22.52
52-Week Range
$22.12 – $23.63
Volume
759.77K
Avg Vol (50D)
1.04M
Beta
0.36

Historical Performance

1M
-1.46%
3M
-2.96%
6M
-2.05%
YTD
-0.69%
1Y
+5.27%
3Y
+8.52%
5Y
-3.41%

Total return including reinvested distributions, from adjusted closing prices.

Price History

Price history is being compiled for this fund.

Top Holdings

New York (State of) Dormitory Authority 0.15%
California (State of) Health Facilities Financing Authority (Kaiser Permanente) 0.14%
Texas Water Development Board 0.13%
University of California 0.12%
Dallas (City of), TX Independent School District 0.12%
New York (State of) Dormitory Authority 0.12%
Salt River Project Agricultural Improvement & Power District 0.11%
California (State of) 0.11%
Metropolitan Transportation Authority (Green Bonds) 0.11%
Monroe County Industrial Development Corp. (University of Rochester) 0.11%
New York (City of), NY Municipal Water Finance Authority 0.11%
Regents of the University of California Medical Center 0.11%
Texas Transportation Finance Corp. 0.11%
Triborough Bridge & Tunnel Authority 0.11%
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels) 0.10%
San Diego Unified School District (Election of 2012) 0.10%
Massachusetts (Commonwealth of) 0.10%
New Jersey (State of) Turnpike Authority 0.10%
Hays Consolidated Independent School District 0.10%
New York State Urban Development Corp. 0.10%
New Jersey (State of) Turnpike Authority 0.10%
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center) 0.10%
Lower Alabama Gas District (The) 0.10%
Metropolitan Transportation Authority (Green Bonds) 0.10%
California (State of) 0.10%

Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →

About PZA

The Fund generally will invest at least 80% of its total assets in the components of the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC (the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is composed of U.S. dollar-denominated, tax-exempt municipal debt publicly issued by U.S. states and territories and their political subdivisions, in the U.S. domestic market. Such securities are exempt from the federal alternative minimum tax (“AMT”). To be eligible for inclusion in the Underlying Index, such securities must have a term of at least 15 years remaining to final maturity, a fixed coupon schedule, a minimum amount outstanding of $25 million per maturity and must be considered investment grade based on an average of ratings by S&P Global Ratings, a division of S&P Global Inc. (“S&P”), Moody’s Investors Service, Inc. (“Moody’s”) and Fitch Ratings Inc. (“Fitch”). As of October 31, 2024, the Underlying Index was comprised of 7,390 constituents. The Fund does not purchase all of the securities in the Underlying Index; instead, the Fund utilizes a “sampling” methodology to seek to achieve its investment objective.  Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.

Data for PZA is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.