Invesco New York AMT-Free Municipal Bond ETFII

Invesco New York AMT-Free Municipal Bond ETF

21.19USDR
−0.13−0.61%
As of today at 13:37 GMT
USD
No trades
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Key stats


Assets under management (AUM)
‪130.47 M‬USD
Fund flows (1Y)
‪16.05 M‬USD
Dividend yield (indicated)
3.44%
Discount/Premium to NAV
Shares outstanding
‪6.15 M‬
Expense ratio
0.28%

About Invesco New York AMT-Free Municipal Bond ETF


Brand
Invesco
Home page
Inception date
Oct 11, 2007
Structure
Open-Ended Fund
Index tracked
ICE BofA New York Long-Term Core Plus Muni
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PZT aims to deliver higher yield by holding longer-dated securities. The fund targets exclusively long-maturity (15+ years) municipal bonds, but do note that long-dated issues ratchet up the interest rate risk. Nevertheless, investors who are willing to bear this risk can typically benefit from a bump in yield. PZT also expands its geographical reach outside of New York, as it also hold bonds in any US territory like Puerto Rico and Guam. The underlying index is weighted by market value, and is rebalanced and reconstituted monthly.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Geography
New York
Weighting scheme
Market value
Selection criteria
AMT-free
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal99.47%
Cash0.53%
Top 10 holdings
Symbol
Assets
Symbol
Assets
B
Battery Pk City Auth N Y Rev 5.0% 01-NOV-2049
1.96%
T
Triborough Brdg & Tunl Auth N Y Revs 5.0% 15-NOV-2051
1.94%
N
New York N Y City Mun Wtr Fin Auth Wtr & Swr Sysrev 5.0% 15-JUN-2048
1.55%
N
New York Convention Ctr Dev Corp N Y Rev 5.0% 15-NOV-2045
1.52%
N
New York Convention Ctr Dev Corp N Y Rev 5.0% 15-NOV-2040
1.46%
N
New York N Y City Mun Wtr Fin Auth Wtr & Swr Sysrev 4.125% 15-JUN-2047
1.39%
N
New York St Urban Dev Corp St Sales Tax Rev 4.0% 15-MAR-2044
1.35%
N
New York St Dorm Auth Revs Non St Supported Debt 4.0% 01-JUL-2047
1.35%
N
New York St Pwr Auth Green Transmission Proj Rev 4.0% 15-NOV-2052
1.31%
N
New York St Pwr Auth Green Transmission Proj Rev 4.0% 15-NOV-2061
1.28%
Top 10 weight15.10%
492 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PZT trades at 21.19 USD today, its price has fallen −0.61% in the past 24 hours. Track more dynamics on PZT price chart.
PZT net asset value is 21.28 today — it's fallen 1.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PZT assets under management is ‪130.38 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PZT price has fallen by −1.60% over the last month, and its yearly performance shows a −8.62% decrease. See more dynamics on PZT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.21% over the last month, showed a −1.72% decrease in three-month performance and has decreased by −4.71% in a year.
PZT fund flows account for ‪16.05 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PZT invests in bonds. See more details in our Analysis section.
PZT expense ratio is 0.28%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PZT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PZT technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PZT shows the strong sell signal. See more of PZT technicals for a more comprehensive analysis.
Yes, PZT pays dividends to its holders with the dividend yield of 3.46%.
PZT shares are issued by Invesco Ltd.
PZT follows the ICE BofA New York Long-Term Core Plus Muni. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 11, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.