PWZ
Invesco California AMT-Free Muni Bd ETF
NAV as of
4 Week: 23.74 - 24.26
52 Week: 22.71 - 25.07
Latest Closing Price
23.74
Premium / Discount
0.33
Expense Ratio
0.28%
Investment Objective
The investment seeks to track the investment results (before fees and expenses) of the ICE BofAML California Long-Term Core Plus Municipal Securities Index. The fund generally will invest at least 80% of its total assets in the components of the index. The index is composed of U.S. dollar-denominated, tax-exempt municipal debt publicly issued by California or any U.S. territory and their political subdivisions, in the U.S. domestic market. It is non-diversified.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -1.66 | 0.36 | -4.63 |
| 1 Day | -0.04 | 0.00 | 0.00 |
| 1 Week | -1.49 | 1.04 | -1.43 |
| 1 Month | -1.41 | 1.44 | -0.98 |
| 3 Months | -3.26 | 2.67 | -1.22 |
| 6 Months | -3.22 | 3.93 | -0.82 |
| 1 Year | 1.02 | 6.23 | 0.16 |
| 2 Years | -15.09 | 8.53 | -1.77 |
| 3 Years | -13.95 | 8.90 | -1.57 |
| 5 Years | -7.07 | 13.90 | -0.51 |
| 10 Years | 2.82 | 16.70 | 0.17 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | -4.1037 | 14.0111 | 4.1590 | 0.8606 | 6.6576 | 0.3935 | 8.6902 | 5.1272 | 2.0873 | -11.4749 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 69.0000 | 11.0000 | 28.0000 | 10.0000 | 25.0000 | 63.0000 | 26.0000 | 33.0000 | 54.0000 | 64.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 12/01/2017 | 30/01/2017 | 0.0559 |
| 14/12/2016 | 29/12/2016 | 0.0568 |
| 14/08/2016 | 30/08/2016 | 0.0600 |
| 14/07/2016 | 28/07/2016 | 0.0633 |
| 14/06/2016 | 29/06/2016 | 0.0642 |
| 12/05/2016 | 30/05/2016 | 0.0658 |
| 12/02/2015 | 26/02/2015 | 0.0769 |
| 14/01/2015 | 29/01/2015 | 0.0748 |
| 14/12/2014 | 30/12/2014 | 0.0741 |
| 13/11/2014 | 27/11/2014 | 0.0790 |
Portfolio Data
Total Number of Holdings: 289
Number of Bond Holdings: 288
Number of Equity Holdings: 0
Total Market Value: 659,699,602
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | SAN DIEGO CALIF UNI SCH DIST 5% | 4.7208 | 13,535,000 | 0 | 16,398,194 |
| 2 | CALIFORNIA HEALTH FACS FING AUTH REV 5% | 3.4328 | 10,000,000 | 0 | 11,924,400 |
| 3 | SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL A | 2.4348 | 7,000,000 | 0 | 8,457,610 |
| 4 | SACRAMENTO CALIF TRANSIENT OCCUPANCY TAX REV 5% | 2.0633 | 6,000,000 | 0 | 7,167,060 |
| 5 | LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% | 1.7618 | 5,000,000 | 0 | 6,120,000 |
| 6 | LOS ANGELES CNTY CALIF FACS INC LEASE REV 5% | 1.7593 | 5,000,000 | 0 | 6,111,250 |
| 7 | MOUNTAIN VIEW CALIF SHORELINE REGL PK CMNTY 5% | 1.7568 | 5,000,000 | 0 | 6,102,550 |
| 8 | MARIN CALIF HEALTHCARE DIST 5% | 1.7478 | 5,000,000 | 0 | 6,071,250 |
| 9 | LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX R | 1.7454 | 5,000,000 | 0 | 6,063,050 |
| 10 | SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWAT | 1.6244 | 5,000,000 | 0 | 5,642,500 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
288
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 9.16 |
| Average Effective Maturity (Years)* | 22.12 |
| Average Credit Quality | 5.00 |
| Average Weighted Coupon* | 4.57 |
| Average Weighted Price* | 99.86 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 3.17 |
| AA | 78.79 |
| A | 13.05 |
| BBB | 4.97 |
| BB | 0.03 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 0.00 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 0.00 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.87 |
| 15 to 20 Years | 24.12 |
| 20 to 30 Years | 67.50 |
| Over 30 Years | 5.60 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.00 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
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