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PZA ETF · Invesco National AMT-Free Municipal Bond ETF
Performance & flows
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +1.72%  | +0.36%  | +5.15% | +7.53%  | -1.46% | +1.36% | +1.36% | +0.19% | |
| Flows |
Key fund info
Essentials
Enterprise
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.36% | +5.15% | +7.53% | -1.46% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Exposure
Sustainability
ESG Consensus® by Conser
Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about PZA ETF's sustainability, based on their methodology.
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
PZA’s has a Final Sustainability Grade of either A+, A, or A-.
Issuer
| AuM | ||
|---|---|---|
QQQ | Invesco QQQ ETF | €367.39B |
RSP | Invesco S&P 500® Equal Weight ETF | €73.91B |
QQQM | Invesco NASDAQ 100 ETF | €69.46B |
SPXS | Invesco S&P 500 UCITS ETF | €32.04B |
SGLD | Invesco Physical Gold USD ETC | €25.04B |
Frequently asked questions about PZA
What does Invesco National AMT-Free Municipal Bond ETF, PZA, invest in?
PZA is a Passive ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.
Which benchmark or index does PZA replicate?
PZA tracks the ICE BofAML National Long-Term Core Plus Municipal Securities Index - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of PZA?
PZA carries a total expense ratio (TER) of 0.28%, indicating the annual cost for holding the fund.
When was PZA launched?
PZA was introduced to the market on October 11, 2007. It trades on United States
Who is the ETF issuer of PZA?
Invesco National AMT-Free Municipal Bond ETF, PZA, is provided by Invesco. Learn more about Invesco here.
What is the current assets under management (AUM) of PZA?
PZA oversees €3.45B in assets as of April 28, 2026.
How has PZA performed lately?
Based on data from April 28, 2026, PZA returned 1.72% over the past month, 0.36% over the last three months and 0.19% year-to-date.
What are the latest inflows or outflows for PZA?
As of April 28, 2026, PZA recorded net flows of +€126M over the last month and +€622M year-to-date.
Does PZA distribute dividends?
PZA follows a distributing dividend policy, meaning it pays out income to investors. As of April 28, 2026, its 12-month trailing yield was 2.12%.
What are the main country or region exposures of PZA?
As of March 31, 2026, PZA has significant geographic allocations in USA.
In which sector or theme does PZA invest in?
As of March 31, 2026, PZA focuses largely on Municipal.
How many securities does PZA hold and how diversified is it?
As of March 31, 2026, PZA holds 6255 positions in its portfolio, with 1.71% of assets concentrated in its top 15 holdings.
What are the main positions in PZA?
As of March 31, 2026, PZA top three holdings include California Health Facilities Financing Authority, 4% 1nov2044, USD, US65000BW384 and US91412HVY60.
What is the base currency of PZA?
The base currency of PZA is USD.
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