ETFdb Realtime Rating & Analyst Report for PWZ
PWZ is a passive ETF that seeks to replicate the BofA Merrill Lynch California Insured Long-Term Core Plus Municipal Securities Index. The Index is designed to track the performance of AAA-rated, insured, tax-exempt, long-term debt publicly issued by California or Puerto Rico or their political subdivisions.
| ETFdb Category | Expense Ratio | Inception Date | Issuer | Structure | YTD Return * |
|---|---|---|---|---|---|
| California Munis | 0.28% | 2007-10-11 | Invesco PowerShares | ETF | +4.94% |
* As of 05-24-2012
PWZ Realtime Rating: By Metric
| Metric | Metric Realtime Rating | A+ Metric Rated ETF |
|---|---|---|
| Liquidity | A- | CXA |
| Expenses | A- | CXA |
| Performance |  |
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| Volatility | |
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| Dividend | |
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| Concentration | |
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The first adjacent table gives investors an individual Realtime Rating for PWZ on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the California Munis ETFdb Category with the highest Metric Realtime Rating for each individual field.
PWZ Realtime Rating: Overall
| ETFdb Rating Type | Overall Rating | A+ Overall Rated ETF |
|---|---|---|
| Realtime Rating (Overall) | |
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The second table shows the overall Realtime Rating for PWZ, as well as the A+ Overall Rated ETF in PWZ's Category. To view information on how the ETFdb Realtime Ratings work, click here.
ETFdb Analyst Report for PWZ
PWZ offers exposure to insured municipal bonds of California issuers, making this ETF potentially attractive for investors in a high tax bracket looking to take on additional risk and expected return relative to a broad-based muni bond ETF. PWZ is a fine option, but investors looking to minimize...
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