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›ETF Issuers›Invesco›PZA
PZA

Invesco National AMT-Free Municipal Bond ETF

Passive ETFFixed Income
Not rated

The PZA Exchange Traded Fund (ETF) is provided by Invesco. It is built to track an index: ICE BofAML National Long-Term Core Plus Municipal Securities Index. The PZA ETF provides physical exposure, so by buying it you actually own parts of all the 6,847 underlying holdings. This share class generates a stream of income by distributing dividends.

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$22.83
-$0.21 (-0.91%) yesterday
1:30 PM 07/23/26 Closed
1D price range
$22.76$22.99
52W price range
$22.02$23.64
YTD Perf.
-1.52%
YTD Flows
Annualized volatility
Fund AuM
€3.71B
Share class AuM
€3.71B
TTM Yield
Tracking Error
Tracking Difference
Characteristics
ISIN
US46138E5371
TER
0.28%
Inception date
10/11/2007
Issuer
Invesco
Benchmark
ICE BofAML National Long-Term Core Plus Municipal Securities Index
Replication method
Dividend policy
Distributing
Compare similar ETFs

No content available for this fund

API
PerformanceDec 31, 2025 - Jul 23, 2026
-2%-1%0%1%2%JANMARMAYJUL
Flows
Join for free to unlock
Sector exposures
Data as of 06/30/26
Municipal
34.28%
Unavailable
65.72%
Latest PZA news

No content available for this fund

FAQ about PZA

PZA is a Passive ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.
PZA tracks the ICE BofAML National Long-Term Core Plus Municipal Securities Index - USD, through a optimized sampling replication method.
PZA carries a total expense ratio (TER) of 0.28%, indicating the annual cost for holding the fund.
PZA was introduced to the market on October 11, 2007. It trades on United States
Invesco National AMT-Free Municipal Bond ETF, PZA, is provided by Invesco. Learn more about Invesco here.
PZA oversees €3.71B in assets as of July 23, 2026.
PZA follows a distributing dividend policy, meaning it pays out income to investors. As of July 23, 2026, its 12-month trailing yield was 1.58%.
As of June 30, 2026, PZA has significant geographic allocations in USA.
As of June 30, 2026, PZA focuses largely on Municipal.
As of June 30, 2026, PZA holds 6847 positions in its portfolio, with 1.54% of assets concentrated in its top 15 holdings.
As of June 30, 2026, PZA top three holdings include California Health Facilities Financing Authority, 4% 1nov2044, USD, US65000BW384 and New York Dormitory Authority, 4% 15feb2047, USD (2019D).
The base currency of PZA is USD.
Top 10 holdings
Data as of 06/30/26
California Health Facilities Financing Authority, 4% 1nov2044, USD
0.14%
US65000BW384
0.12%
New York Dormitory Authority, 4% 15feb2047, USD (2019D)
0.11%
US79574CHJ53
0.11%
US88285AKD99
0.10%
US913366KS81
0.10%
University of California Medical Center, 4% 15may2053, USD
0.10%
California Health Facilities Financing Authority, 4% 15aug2048, USD (2021A)
0.10%
US68450LJQ95
0.10%
US57585BUW61
0.10%

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