Invesco California Amt Free Etf Profile
PWZ Etf | USD 24.66 0.01 0.04% |
PerformanceVery Weak
| Odds Of DistressLow
|
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
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Invesco Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Broad Municipals ETFs, Municipals ETFs, Muni California Long, Invesco (View all Sectors) |
Issuer | Invesco |
Inception Date | 2007-10-11 |
Benchmark | ICE BofA California Long-Term Core Plus Municipal Securities Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 717.99 Million |
Average Trading Valume | 127,973.6 |
Asset Type | Fixed Income |
Category | Municipals |
Focus | Broad Municipals |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Invesco Capital Management LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Invesco Distributors, Inc. |
Portfolio Manager | Peter Hubbard, Philip Fang, Gary Jones, Jeremy Neisewander |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 662 |
Market Maker | Flow Traders |
Total Expense | 0.28 |
Management Fee | 0.28 |
Country Name | USA |
Returns Y T D | 0.15 |
Name | Invesco California AMT-Free Municipal Bond ETF |
Currency Code | USD |
Open Figi | BBG000TJ0SG7 |
In Threey Volatility | 9.72 |
1y Volatility | 3.93 |
200 Day M A | 24.8124 |
50 Day M A | 24.6084 |
Code | PWZ |
Updated At | 25th of February 2025 |
Currency Name | US 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.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.03) | |||
Treynor Ratio | (0.18) |
Invesco California Against Markets
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.