Invesco National AMT-Free Municipal Bond ETF
Invesco·Tracks ICE BofA U.S. National Long-Term Core Plus Municipal Securities Index·Inception Oct 11, 2007
Composite score
Based on a 0.28% expense ratio.
Based on $4.24B in net assets.
Top-10 holdings represent 1.0% of net assets.
US Municipal Bond base · ETF wrapper · 3.94% TTM yield.
The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. Seemethodologyfor formulas, thetracking-qualitypartial-coverage rationale, and the dimensions we deliberatelydon't score(methodology v0.5.1).
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Tool · Look-through
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Tool · Cost
Compare PZA's fee against another fund
Compounds the 0.28% expense ratio against a peer over decades.
Tool · Overlap
Compare PZA's holdings with peers
Pairwise holdings heatmap, pre-loaded with similar US Municipal Bond funds.
Tool · TLH
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Ranks every catalog fund by holdings overlap, flags wash-sale risk.
Tool · Placement
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Asset-location optimizer — places each fund in taxable / tax-deferred / Roth.
Top holdings
| # | Holding | Weight |
|---|---|---|
| 1 | California (State of) Health Facilities Financing Authority (Kaiser Permanente) | 0.13% |
| 2 | New York (State of) Dormitory Authority | 0.12% |
| 3 | New York (State of) Dormitory Authority | 0.11% |
| 4 | Salt River Project Agricultural Improvement & Power District | 0.10% |
| 5 | Texas Water Development Board | 0.10% |
| 6 | Regents of the University of California Medical Center | 0.10% |
| 7 | Regents of the University of California Medical Center | 0.10% |
| 8 | Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group) | 0.10% |
| 9 | Texas Transportation Finance Corp. | 0.09% |
| 10 | Triborough Bridge & Tunnel Authority | 0.09% |
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