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Trending ETFs

Invesco New York AMT-Free Municipal Bond ETF

ETF
PZT
Dividend policy
None
Price as of:
$26.15 -0.02 0%
primary theme
Municipal Bond
PZT (ETF)

Invesco New York AMT-Free Municipal Bond ETF

Dividend policy
None
Price as of:
$26.15 -0.02 0%
primary theme
Municipal Bond
PZT (ETF)

Invesco New York AMT-Free Municipal Bond ETF

Dividend policy
None
Price as of:
$26.15 -0.02 0%
primary theme
Municipal Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$26.15

-

0.00%

0.28%

Vitals

YTD Return

0.0%

1 yr return

5.0%

3 Yr Avg Return

5.9%

5 Yr Avg Return

3.7%

Net Assets

$121 M

Holdings in Top 10

24.5%

52 WEEK LOW AND HIGH

$26.17
$25.29
$26.65

Expenses

OPERATING FEES

Expense Ratio 0.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Muni New York Long


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$26.15

-

0.00%

0.28%

PZT - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.64%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco New York AMT-Free Municipal Bond ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Oct 11, 2007
  • Shares Outstanding
    4600000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hubbard

Fund Description

The fund generally will invest at least 80% of its total assets in municipal securities that comprise the underlying index and that also are exempt from the federal alternative minimum tax. The index is composed of U.S. dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any U.S. territory and their political subdivisions, in the U.S. domestic market. It is non-diversified.


PZT - Performance

Return Ranking - Trailing

Period PZT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -88.5% 9.3% 38.70%
1 Yr 5.0% -20.5% 20.4% 24.40%
3 Yr 5.9%* -6.2% 10.9% 11.42%
5 Yr 3.7%* -3.5% 7.1% 10.54%
10 Yr 4.6%* -0.2% 9.3% 17.20%

* Annualized

Return Ranking - Calendar

Period PZT Return Category Return Low Category Return High Rank in Category (%)
2020 3.1% -91.1% 310.0% 5.81%
2019 6.5% -79.8% 15.4% 5.60%
2018 -3.5% -72.6% 97.2% 79.38%
2017 3.1% -100.0% 7.6% 13.53%
2016 -1.6% -35.9% 96.8% 8.98%

Total Return Ranking - Trailing

Period PZT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -88.5% 9.3% 38.74%
1 Yr 5.0% -24.2% 24.2% 19.37%
3 Yr 5.9%* -7.0% 11.7% 10.83%
5 Yr 3.7%* -4.0% 7.1% 8.76%
10 Yr 4.6%* -0.6% 9.3% 15.23%

* Annualized

Total Return Ranking - Calendar

Period PZT Return Category Return Low Category Return High Rank in Category (%)
2020 3.1% -91.1% 310.0% 5.81%
2019 6.5% -79.8% 15.4% 5.60%
2018 -3.5% -72.6% 11.0% 79.58%
2017 3.1% -100.0% 7.6% 15.67%
2016 -1.6% -35.9% 3.0% 12.18%

PZT - Holdings

Concentration Analysis

PZT Category Low Category High PZT % Rank
Net Assets 121 M 882 K 88.1 B 82.38%
Number of Holdings 83 1 12437 63.16%
Net Assets in Top 10 29.2 M -308 M 3.93 B 53.54%
Weighting of Top 10 24.51% 2.4% 100.0% 45.71%

Top 10 Holdings

  1. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% 4.80%
  2. ONONDAGA CNTY N Y TR CULTURAL RES REV 5% 3.02%
  3. TRIBOROUGH BRDG & TUNL AUTH NY REVS 5% 2.70%
  4. BATTERY PK CITY AUTH N Y REV 5% 2.68%
  5. NEW YORK N Y CITY INDL DEV AGY REV 6.5% 2.35%
  6. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% 2.25%
  7. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 2.17%
  8. NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% 2.15%
  9. NEW YORK N Y 5% 2.14%
  10. UTILITY DEBT SECURITIZATION AUTH N Y 5% 2.10%

Asset Allocation

Weighting Return Low Return High PZT % Rank
Bonds
100.00% 46.14% 145.79% 13.71%
Stocks
0.00% -0.15% 2.80% 38.54%
Preferred Stocks
0.00% -3.40% 1.05% 35.53%
Other
0.00% -9.70% 30.00% 37.21%
Convertible Bonds
0.00% -0.02% 1.09% 36.14%
Cash
0.00% -45.79% 53.86% 76.79%

Bond Sector Breakdown

Weighting Return Low Return High PZT % Rank
Municipal
100.00% 46.14% 100.00% 13.43%
Derivative
0.00% 0.00% 0.09% 35.94%
Cash & Equivalents
0.00% 0.00% 53.86% 82.15%
Securitized
0.00% 0.00% 8.03% 37.41%
Corporate
0.00% 0.00% 11.97% 46.05%
Government
0.00% 0.00% 50.63% 39.42%

Bond Geographic Breakdown

Weighting Return Low Return High PZT % Rank
US
99.12% 0.00% 141.11% 33.97%
Non US
0.88% 0.00% 100.00% 44.70%

PZT - Expenses

Operational Fees

PZT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.28% 0.04% 4.23% 82.61%
Management Fee 0.28% 0.00% 1.60% 11.23%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

PZT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

PZT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PZT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 299.40% 22.93%

PZT - Distributions

Dividend Yield Analysis

PZT Category Low Category High PZT % Rank
Dividend Yield 0.00% 0.00% 35.27% 11.80%

Dividend Distribution Analysis

PZT Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

PZT Category Low Category High PZT % Rank
Net Income Ratio 2.64% -0.53% 24.00% 25.41%

Capital Gain Distribution Analysis

PZT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

PZT - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Oct 11, 2007

13.9

13.9%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Philip Fang


Start Date

Tenure

Tenure Rank

Oct 11, 2007

13.9

13.9%

Philip Fang is Portfolio Manager of Invesco Capital Management LLC, has been responsible for certain Funds in the Trust since July 2010 and has been associated with Invesco Capital Management since 2007.

Gary Jones


Start Date

Tenure

Tenure Rank

Jan 31, 2012

9.59

9.6%

Gary Jones is a Portfolio Manager of Invesco PowerShares Capital Management LLC and has been one of the Portfolio Managers primarily responsible for the day-to-day management of the Funds since January 2012. Mr. Jones has been a Portfolio Manager of the Adviser since December 2010. Previously, he was a Portfolio Manager of Van Kampen Investments from 2007 to 2009.

Jeremy Neisewander


Start Date

Tenure

Tenure Rank

Dec 20, 2019

1.7

1.7%

Jeremy Neisewander, Portfolio Manager of Invesco Capital Management LLC. Prior to that, Mr. Neisewander is a Portfolio Manager and Vice President of Guggenheim Investments and joined Guggenheim Investments in May 2014. Mr. Neisewander is a member of the ETF Portfolio Management team. Prior to joining Guggenheim Investments, Mr. Neisewander held Analyst and Portfolio Management roles within the multi-asset team at UBS Global Asset Management from 2005 to 2014. Prior to his time at UBS, Mr. Neisewander focused on the development and implementation of asset allocation models while a Senior Analyst at Ibbotson Associates. Mr. Neisewander holds an MBA and B.S. degree in Finance from the Roosevelt University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.44 7.23 0.83