Invesco National Amt Free Etf Profile

PZA Etf  USD 24.15  0.08  0.33%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Invesco National is trading at 24.15 as of the 30th of November 2024, a 0.33 percent increase since the beginning of the trading day. The etf's open price was 24.07. Invesco National has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Invesco National AMT Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its total assets in the components of the index. National Amt-Free is traded on NYSEARCA Exchange in the United States. More on Invesco National AMT Free

Moving together with Invesco Etf

  0.81TFI SPDR Nuveen BloombergPairCorr
  0.83MMIN IQ MacKay MunicipalPairCorr
  0.8MLN VanEck Long MuniPairCorr
  0.81RVNU Xtrackers MunicipalPairCorr
  0.84FLMB Franklin Liberty FederalPairCorr

Moving against Invesco Etf

  0.31USD ProShares Ultra SemiPairCorr

Invesco Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[SP Plus Corporation, PAZ ASHDOD REFINERY LTD]
Business ConcentrationMunicipals ETFs, Broad Municipals ETFs, Muni National Long, Invesco (View all Sectors)
IssuerInvesco
Inception Date2007-10-11
BenchmarkICE BofA National Long-Term Core Plus Municipal Securities Index
Entity TypeRegulated Investment Company
Average Trading Valume691,116.4
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Municipals
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Philip Fang, Gary Jones, Jeremy Neisewander
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents5,929
Market MakerFlow Traders
Total Expense0.28
Management Fee0.28
Country NameUSA
Returns Y T D2.5
NameInvesco National AMT-Free Municipal Bond ETF
Currency CodeUSD
Open FigiBBG000TJ0K74
In Threey Volatility10.04
1y Volatility9.04
200 Day M A23.8351
50 Day M A23.9346
CodePZA
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.47)
Invesco National AMT Free [PZA] is traded in USA and was established 2007-10-11. The fund is classified under Muni National Long category within Invesco family. The entity is thematically classified as Municipals ETFs. Invesco National AMT at this time have 1.86 B in assets. , while the total return for the last 3 years was -0.9%.
Check Invesco National Probability Of Bankruptcy

Top Invesco National AMT Free Etf Constituents

SAN DIEGO CALIF UNI SCH DIST 4%0.69999998%
TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%0.55%
MASSACHUSETTS ST 5.25%0.61000003%
CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 5%0.56%
COLORADO HEALTH FACS AUTH REV 3%0.55%
COLORADO HEALTH FACS AUTH REV 4%0.93%
LICKING HEIGHTS OHIO LOC SCH DIST 5.5%0.58%
OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 5%0.57%
LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5%0.64%
GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5%0.57%

Invesco National Top Holders

ROBNXRobinson Tax AdvantagedMutual FundMuni National Long
ROBCXRobinson Tax AdvantagedMutual FundMuni National Long
ROBAXRobinson Tax AdvantagedMutual FundMuni National Long
ECRAXEaton Vance RichardMutual FundTactical Allocation
MKTBXMainstay Tax FreeMutual FundMuni National Long
MTBDXMainstay Mackay TaxMutual FundMuni National Long
MTBIXMainstay Tax FreeMutual FundMuni National Long
MKINXMainstay Tax FreeMutual FundMuni National Long
More Details

Invesco National AMT Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco National. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Invesco National Against Markets

When determining whether Invesco National AMT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco National Amt Free Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco National Amt Free Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco National AMT Free. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Invesco National AMT is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco National's value that differs from its market value or its book value, called intrinsic value, which is Invesco National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco National's market value can be influenced by many factors that don't directly affect Invesco National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.