Invesco National AMT-Free Municipal Bond ETF

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About PZA

PZA tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. 

Index-Tracked
BBgBarc Municipal TR USD
Index-TrackedBBgBarc Municipal TR USD
Category
Muni National Long
CategoryMuni National Long
Number of holdings
5,573
Number of holdings5,573
Inception Date
Oct 11, 2007
Inception DateOct 11, 2007

What's in this fund

Sectors

As of December 24, 2025
Municipal Bonds98.92%
Cash and Equivalents1.08%

Top 10 Holdings (1.45% of total assets)

As of December 24, 2025
NameSymbol% Assets
MASSACHUSETTS ST 5%0.18%
SAN DIEGO CNTY CALIF REGL TRANSN COMMN SALES TAX REV 5%0.15%
CALIFORNIA ST 5%0.16%
CALIFORNIA ST 5%0.15%
CALIFORNIA EDL FACS AUTH REV 5%0.14%
CALIFORNIA ST 4%0.14%
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%0.14%
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.5%0.13%
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5%0.13%
TRIBOROUGH BRDG & TUNL AUTH N Y SALES TAX REV 4%0.13%

PZA Key Statistics

AUM
3.29B
AUM3.29B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.90
30-Day yield3.90
Average volume
1.05M
Average volume1.05M
High today
$23.23
High today$23.23
Low today
$23.16
Low today$23.16
Open price
$23.22
Open price$23.22
Volume
885.62K
Volume885.62K
52 Week high
$23.79
52 Week high$23.79
52 Week low
$21.49
52 Week low$21.49
Expense ratio
0.28
Expense ratio0.28

Stock Snapshot

The current Invesco National AMT-Free Municipal Bond ETF(PZA) stock price is $23.19, with a market capitalization of 3.28B. It offers a dividend yield of 3.1%.

On 2025-12-28, Invesco National AMT-Free Municipal Bond ETF(PZA) stock traded between a low of $23.16 and a high of $23.23. Shares are currently priced at $23.19, which is +0.1% above the low and -0.2% below the high.

The Invesco National AMT-Free Municipal Bond ETF(PZA)'s current trading volume is 885.62K, compared to an average daily volume of 1.05M.

In the last year, Invesco National AMT-Free Municipal Bond ETF(PZA) shares hit a 52-week high of $23.79 and a 52-week low of $21.49.

In the last year, Invesco National AMT-Free Municipal Bond ETF(PZA) shares hit a 52-week high of $23.79 and a 52-week low of $21.49.

Average Annual Return

All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.