Invesco California Amt Free Etf Profile

PWZ Etf  USD 24.66  0.01  0.04%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Invesco California is trading at 24.66 as of the 26th of February 2025; that is 0.04 percent decrease since the beginning of the trading day. The etf's open price was 24.67. Invesco California has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The fund generally will invest at least 80 percent of its total assets in the components of the index. California Amt-Free is traded on NYSEARCA Exchange in the United States. More on Invesco California AMT Free

Moving together with Invesco Etf

  0.96CMF iShares California MuniPairCorr
  0.95FCAL First Trust CaliforniaPairCorr

Moving against Invesco Etf

  0.77YCS ProShares UltraShort YenPairCorr
  0.67UAE iShares MSCI UAEPairCorr
  0.54XHLF Bondbloxx ETF TrustPairCorr
  0.5LDRI iShares TrustPairCorr
  0.5CORX 2x Corn ETFPairCorr
  0.44BCD abrdn Bloomberg AllPairCorr

Invesco Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Municipals ETFs, Municipals ETFs, Muni California Long, Invesco (View all Sectors)
IssuerInvesco
Inception Date2007-10-11
BenchmarkICE BofA California Long-Term Core Plus Municipal Securities Index
Entity TypeRegulated Investment Company
Asset Under Management717.99 Million
Average Trading Valume127,973.6
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 Constituents662
Market MakerFlow Traders
Total Expense0.28
Management Fee0.28
Country NameUSA
Returns Y T D0.15
NameInvesco California AMT-Free Municipal Bond ETF
Currency CodeUSD
Open FigiBBG000TJ0SG7
In Threey Volatility9.72
1y Volatility3.93
200 Day M A24.8124
50 Day M A24.6084
CodePWZ
Updated At25th of February 2025
Currency NameUS Dollar
Invesco California AMT Free [PWZ] is traded in USA and was established 2007-10-11. The fund is classified under Muni California Long category within Invesco family. The entity is thematically classified as Broad Municipals ETFs. Invesco California AMT at this time have 579.57 M in assets. , while the total return for the last 3 years was 0.1%.
Check Invesco California Probability Of Bankruptcy

Invesco California 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 California. 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 California Against Markets

When determining whether Invesco California 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 California'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 California Amt Free Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco California Amt Free Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco California 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 housing.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Invesco California 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 California's value that differs from its market value or its book value, called intrinsic value, which is Invesco California'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 California's market value can be influenced by many factors that don't directly affect Invesco California'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 California's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco California is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco California'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.