PowerShares National AMT-Free Municipal Bond Portfolio ETF (PZA)
Description
The investment seeks to track the performance of the ICE BofAML National Long-Term Core Plus Municipal Securities Index. The PZA ETF contains 668 constituents. It is focused on holdings in the region.
Price $22.22 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.51% |
| Expense ratio | 0.28% |
| Average spread | 0.045% |
| 1Y roundtrip cost | 0.325% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -3.0% | -0.9% | -3.7% | -4.5% | 2.0% | -2.8% | 3.4% | -3.6% | -4.9% | 0.6% | -17.5% | ||
| 2021 | 0.5% | -2.0% | 0.8% | 1.2% | 0.8% | 0.5% | 0.6% | -0.6% | -1.1% | 0.0% | 1.2% | 0.3% | 2.2% |
| 2020 | 1.8% | 1.7% | -5.1% | -1.7% | 4.6% | 0.8% | 1.7% | -0.7% | -0.1% | -0.5% | 2.2% | 0.7% | 5.3% |
| 2019 | 0.7% | 0.6% | 2.2% | 0.7% | 1.6% | 0.3% | 0.8% | 2.1% | -0.7% | -0.1% | 0.0% | 0.5% | 8.7% |
| 2018 | -1.6% | -0.9% | 0.7% | -0.5% | 1.2% | -0.1% | 0.4% | 0.1% | -1.0% | -0.9% | 1.0% | 1.5% | -0.0% |
| 2017 | 0.9% | 0.6% | -0.2% | 0.3% | 2.2% | -0.1% | 0.9% | 0.7% | -0.4% | 0.2% | -0.0% | 1.6% | 6.8% |
| 2016 | 1.0% | -0.1% | 1.0% | 0.9% | 0.8% | 2.2% | -0.5% | 0.1% | -0.8% | -0.8% | -4.3% | 1.4% | 1.0% |
| 2015 | 2.1% | -1.2% | 0.5% | -1.2% | -0.6% | -0.5% | 1.7% | -0.1% | 0.5% | 0.8% | 0.9% | 0.9% | 3.9% |
| 2014 | 3.9% | 0.9% | 1.3% | 1.5% | 1.7% | 0.2% | 0.5% | 1.7% | 0.5% | 0.8% | 0.1% | 1.2% | 14.4% |
| 2013 | 0.4% | 0.3% | -1.1% | 1.7% | -2.2% | -4.4% | -3.3% | -1.6% | 2.4% | 1.2% | 0.2% | -0.8% | -7.2% |
| 2012 | 3.4% | -0.1% | -0.8% | 1.6% | 1.5% | -0.3% | 2.5% | 0.2% | 0.5% | 0.5% | 2.6% | -2.0% | 9.5% |
| 2011 | -0.5% | 1.6% | -1.2% | 2.8% | 2.7% | 0.0% | 0.9% | 2.8% | 2.0% | -0.7% | 0.2% | 2.5% | 13.1% |
| 9.6% | 0.4% | -5.6% | 2.9% | 16.3% | -4.3% | 9.6% | 1.1% | -2.9% | 1.2% | 4.2% | 7.7% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.45 | |||
| 2021 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.58 | |
| 2020 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.66 |
| 2019 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.74 |
| 2018 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.79 |
| 2017 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.06 | 0.79 |
| 2016 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.80 |
| 2015 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.08 | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.92 |
| 2014 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 1.01 |
| 2013 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.98 |
| 2012 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.09 | 0.08 | 1.06 |
| 2011 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 1.10 |
| 0.87 | 0.86 | 0.86 | 0.86 | 0.85 | 0.85 | 0.84 | 0.81 | 0.76 | 0.75 | 0.78 | 0.77 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| PZA | JMUB | MLN | PWZ | PZT | RVNU | |
|---|---|---|---|---|---|---|
| Product name | PowerShares National AMT-Free Municipal Bond Portfolio ETF | JP Morgan Municipal ETF | Market Vectors AMT-Free Long Municipal Index ETF | PowerShares California AMT-Free Municipal Bond Portfolio ETF | PowerShares New York AMT-Free Municipal Bond Portfolio ETF | Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF |
| Issuer | Invesco | JPMorgan | VanEck | Invesco | Invesco | Xtrackers |
| Price | $22.22 | $48.39 | $16.61 | $23.26 | $21.34 | $22.95 |
| Expense Ratio | 0.28% |  0.18% | 0.24% | 0.28% | 0.28% | 0.15% |
| Average Spread | 0.045% | 0.041% | 0.181% | 0.129% | 0.234% | 0.261% |
| AUM | $2,069,230,000 | $87,096,700 | $188,045,000 | $475,302,000 | $96,145,400 | $122,542,000 |
| Shares | 93,124,534 | 1,799,890 | 11,321,195 | 20,434,311 | 4,505,410 | 5,339,538 |
| Average Daily Volume | 1,194,417 | 76,708 | 183,260 | 765,057 | 21,073 | 50,990 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2007-10-11 | 2018-10-29 | 2008-01-02 | 2007-10-11 | 2007-10-11 | 2013-06-04 |
| Index Tracked | ICE BofAML National Long-Term Core Plus Municipal Securities Index | No Underlying Index | Bloomberg AMT-Free Long Continuous Municipal Index | ICE BofAML California Long-Term Core Plus Municipal Securities Index | ICE BofAML New York Long-Term Core Plus Municipal Securities Index | Solactive Municipal Infrastructure Revenue Bond Index |
| Category | National Munis | Total Bond Market | National Munis | California Munis | New York Munis | National Munis |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.558 | $1.049 | $0.53 | $0.529 | $0.655 | $0.643 |
| Annual Dividend Yield | 0.025% | 0.022% | 0.032% | 0.023% | 0.031% | 0.028% |
| Number of Holdings | 668 | 554 | 504 | 199 | 84 | 376 |
| YTD Return | -16.48% | -10.68% | -21.79% | -15.20% | -16.73% | -20.04% |
| Beta | 0.24 | 0.05 | 0.29 | 0.26 | 0.23 | 0.27 |
| Upside Beta | 0.01 | -0.02 | 0.01 | 0.00 | 0.01 | 0.03 |
| Downside Beta | -0.04 | -0.07 | -0.07 | -0.05 | -0.06 | -0.12 |
| Volatility 1Y | 6.09% | 3.39% | 8.81% | 6.11% | 6.45% | 7.27% |
| Sharpe Ratio 3Y | -0.79 | -0.94 | -0.82 | -1.11 | -0.89 | -1.07 |
| Treynor Ratio 3Y | -0.02 | -0.06 | -0.02 | -0.02 | -0.02 | -0.02 |