Invesco California is trading at 24.99 as of the 26th of November 2024; that is 0.36 percent increase since the beginning of the trading day. The etf's open price was 24.9. Invesco California has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Invesco California AMT Free are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. 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
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
616
Market Maker
Flow Traders
Total Expense
0.28
Management Fee
0.28
Country Name
USA
Returns Y T D
2.72
Name
Invesco California AMT-Free Municipal Bond ETF
Currency Code
USD
Open Figi
BBG000TJ0SG7
In Threey Volatility
9.8
1y Volatility
8.95
200 Day M A
24.8476
50 Day M A
24.9424
Code
PWZ
Updated At
25th of November 2024
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 Municipals ETFs. Invesco California AMT at this time have 579.57 M in assets. , while the total return for the last 3 years was -0.8%.
Check Invesco California Probability Of Bankruptcy
Top Invesco California AMT Free Etf Constituents
SAN DIEGO CALIF UNI SCH DIST 5%
2.52%
CALIFORNIA ST UNIV REV 5%
2.29%
HAYWARD CALIF UNI SCH DIST 4%
1.59%
CALIFORNIA HEALTH FACS FING AUTH REV 4%
2.11%
UNIV CALIF REGTS MED CTR POOLED REV 3.5%
2.07%
CALIFORNIA ST 5%
1.4199999%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
1.25%
MARIN CALIF HEALTHCARE DIST 5%
2.8199999%
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.
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.
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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.