Invesco California AMT-Free Municipal Bond ETF (PWZ)

• Market cap: $702M
• 1 day: -0.33%
• 5 days: 0.78%
• 1 month: -1.01%
• 3 months: -2.05%
• 6 months: -1.49%
• Year to date: -0.93%
• 1 year: -2.17%
• 5 years: -11.56%
• 10 years: -6.05%

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

35% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 26

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

0% more funds holding

Funds holding: 93 [Q2] → 93 (+0) [Q3]

14.2% less ownership

Funds ownership: 70.64% [Q2] → 56.44% (-14.2%) [Q3]

39% less capital invested

Capital invested by funds: $611M [Q2] → $373M (-$238M) [Q3]