Invesco National AMT-Free Municipal Bond ETF (PZA)
AMEX · inception 2007-10-11 · beta 1.29 · avg volume 2,324,879 · holdings as of 2026-10-15 · prices through 2026-10-16
AUM$4.1B
Holdings7,364
Top-10 weight0.0%
1-yr return-6.6%
Max drawdown 5y-18.3%
Volatility 1y4.9%
Performance vs S&P 500 (SPY)
■ PZA■ SPY
Total return
1m
3m
6m
YTD
1y
3y
5y
PZA
-1.6%
-6.8%
-7.3%
-6.4%
-6.6%
+3.9%
-8.5%
SPY
+0.3%
+2.9%
+7.5%
+11.7%
+15.1%
+80.0%
+84.9%
Rebased to 100 five years ago, weekly adjusted closes. Max drawdown is the largest peak-to-trough fall in that window (trough 2022-10-25). 3y and 5y returns are cumulative.
Top holdings
#
Ticker
Name
Weight
1
California Health Facilities Financing Authority
0.13%
2
New York State Dormitory Authority 5.50% 07/01/2
0.12%
3
New York State Dormitory Authority 4.00% 02/15/2
0.10%
4
Salt River Project Agricultural Improvement &
0.10%
5
Regents of the University of California Medical
0.10%
6
Triborough Bridge & Tunnel Authority 5.00% 0
0.10%
7
County of Jefferson AL Sewer Revenue 5.50% 10/01
0.10%
8
Public Building Authority of Sevier County TN/Th
0.10%
9
Charlotte-Mecklenburg Hospital Authority/The 0.5
0.10%
10
Massachusetts Development Finance Agency 5.50% 1
0.09%
Exposure
Sector
Unclassified100.0%
Country
Unclassified100.0%
Weights of holdings joined to company profiles; bonds, cash and derivatives fall under Unclassified.
InsiderStreet scores of the holdings
The holdings are not companies we score (e.g. bonds or commodities).