Invesco National AMT-Free Municipal Bond ETF (PZA)

• Market cap: $3.04B
• 1 day: -0.04%
• 5 days: 0.95%
• 1 month: -0.47%
• 3 months: -1.88%
• 6 months: -1.43%
• Year to date: -1.05%
• 1 year: -1.64%
• 5 years: -12.13%
• 10 years: -8.82%

Fund manager confidence

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

39% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 18

11% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 74

2% more funds holding

Funds holding: 210 [Q2] → 215 (+5) [Q3]

2% more capital invested

Capital invested by funds: $1.97B [Q2] → $2B (+$31M) [Q3]

0.56% less ownership

Funds ownership: 68.92% [Q2] → 68.36% (-0.56%) [Q3]

67% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]

87% less call options, than puts

Call options by funds: $114K | Put options by funds: $845K