ducovest

PZA:ARCA-PowerShares National AMT-Free Municipal Bond Portfolio (USD)

ETF | Muni National Long | NYSE Arca

Last Closing

USD 23.57

Change

0.00 (0.00)%

Market Cap

USD 1.32B

Volume

0.57M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the BofA Merrill Lynch National Long-Term Core Plus Municipal Securities Index. The fund generally will invest at least 80% of its total assets in municipal securities that comprise the underlying index and that also are exempt from the federal alternative minimum tax ("AMT"). The underlying index is composed of U.S. dollar-denominated, investment grade, tax-exempt debt publicly issued by U.S. states and territories or their political subdivisions, in the U.S. domestic market with a term of at least 15 years remaining to final maturity.

Company Website : www.invescopowershares.com

Currency: USD

Country : USA

Inception Date: 11/10/2007

Primary Benchmark: ICE BofAML National LT Core + Mni TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.28%

Management Expense Ratio: 0.28 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for Muni National Long

Symbol Name Mer Price(Change) Market Cap
RVNU Xtrackers Municipal Infrastruc.. 0.22 %

N/A

 USD 0.14B
FLMB Franklin Liberty Federal Tax-F.. 0.30 %

N/A

 USD 0.11B
TFI SPDR® Nuveen Bloomberg Munici.. 0.23 %

N/A

 N/A

ETFs Containing PZA

FWDB 0.00 % 0.95 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Long) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.52% 50% F 29% F
Dividend Return 2.63% 75% C 42% F
Total Return 0.11% 50% F 26% F
Trailing 12 Months  
Capital Gain -2.36% 50% F 30% F
Dividend Return 2.63% 75% C 42% F
Total Return 0.27% 50% F 27% F
Trailing 5 Years  
Capital Gain -10.92% 25% F 37% F
Dividend Return 12.29% 75% C 40% F
Total Return 1.37% 50% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -2.32% 25% F 22% F
Dividend Return -1.28% 25% F 15% F
Total Return 1.04% 25% F 25% F
Risk Return Profile  
Volatility (Standard Deviation) 10.85% 50% F 78% C+
Risk Adjusted Return -11.79% 25% F 14% F
Market Capitalization 1.32B N/A N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.