PZA National AMT-Free Municipal Bond Portfolio

  • ETF
  • PZA
  • Category
  • National Munis
Share
Last Updated:

PZA - Profile

Vitals

Investment Themes

Alternative ETFs in the National Munis Category

Sign Up for Pro to Unlock Data Sign Up
Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The Index is designed to track the performance of U.S. dollar-denominated, investment grade, insured tax-exempt debt publicly issued by a U.S. state or territory, including Puerto Rico, or their political sub- divisions, in the U.S. domestic market.

Realtime Rating

PZA - Realtime Rating

Sign Up for Pro to Unlock Data Sign Up

Realtime Rating Summary

PZA is a passive ETF that seeks to replicate BofA ML National Long-Term Core Plus Municipal Securities Index. The Index is designed to track the performance of U.S. dollar-denominated, investment grade, insured tax-exempt debt publicly issued by a U.S. state or territory, including Puerto Rico, or their political sub- divisions, in the U.S. domestic market.

The adjacent table gives investors an individual Realtime Rating for PZA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the National Munis with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

PZA Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A n/a
Expenses B n/a
Performance
Volatility
Dividend
Concentration

Knowledge Center

Sector ETFs

Alternative ETFs

Vanguard Center

Emerging Market ETFs

MLP Center

PZA In-Depth Analysis

The following tables and charts contain in-depth metrics for PZA and compare it to similar peer ETFs within its ETFdb Category.

Holdings

PZA - Holdings

Filings Data as of: Apr 05, 2015
Sign Up for Pro to Unlock Data Sign Up

Top Ten Holdings

  1. Sales Tax Asset Receivable Cor Rev Bd 4%
    3.33%
  2. Chicago Ill Wastewater Transmi Rev Bd 5%
    3.07%
  3. Miami-Dade Cnty Fla Wtr & Swr Wtr Swr 5%
    2.65%
  4. Jasper Ala Go Wts 5%
    2.59%
  5. Inland Vy Dev Agy Calif Succes Tax Al 5%
    2.18%
  6. North Tex Twy Auth 5.75%
    2.09%
  7. Pennsylvania St Tpk Commn Tpk Sub 5.25%
    1.98%
  8. New Jersey St Transn Tr Fd Aut Tran 5.5%
    1.97%
  9. Metropolitan Transn Auth 5%
    1.71%
  10. California St Various P 5.5%
    1.62%

Concentration Analysis

This section compares how balanced and deep PZA is relative to the peer group ETFdb Category.

Number of Holdings
PZA Rank:
PZA 211
Category Low
Category High
% Assets in Top 10
PZA Rank:
PZA 23.18%
Category Low
Category High

PZA Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 96.1%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 3.9%
Other 0.0%

PZA Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

PZA Bond Detailed Sector Breakdown

Bond Sector Percentage
US Municipal Tax Advantaged 96.1%
Cash And Equivalents 3.9%
Agency Mortgage Backed 0.0%
Future Forward 0.0%
Asset Backed 0.0%
Covered Bond 0.0%
Commercial Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Sector Swap 0.0%
Preferred 0.0%
Corporate Bond 0.0%
Convertible 0.0%
Bank Loan 0.0%
Option Warrant 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Government 0.0%

PZA Coupon Breakdown

Coupon Range Percentage
0% to 1% 1.2%
1% to 2% 0.2%
2% to 3% 0.0%
3% to 4% 3.33%
4% to 5% 51.16%
5% to 6% 36.25%
6% to 7% 3.66%
7% to 8% 0.31%
8% to 9% 0.0%
9% to 10% 0.0%
Greater Than 10% 0.0%

PZA Credit Quality

Credit Percentage
AAA 5.71%
AA 86.0%
A 8.26%
BBB 0.0%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 0.03%

PZA Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 7.25%
15-20 Years 16.93%
20-30 Years 62.03%
30+ Years 9.9%
Expense

PZA - Expenses & Fees

This section compares the cost efficiency of PZA to peers in the same ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up

Expenses Ratio Analysis

Expense Ratio
PZA Rank:
PZA 0.28%
Category Low
Category High

Commission Free Trading in PZA

PZA is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 6 other ETFs in the National Munis ETFdb Category that are also eligible for commission free trading:

Performance

PZA - Performance

This section shows how PZA has performed relative to its peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
1 Week Return
PZA Rank:
PZA -0.16%
Category Low
Category High
4 Week Return
PZA Rank:
PZA -0.38%
Category Low
Category High
13 Week Return
PZA Rank:
PZA -0.81%
Category Low
Category High
26 Week Return
PZA Rank:
PZA 2.11%
Category Low
Category High
Year to Date Return
PZA Rank:
PZA 0.97%
Category Low
Category High
1 Year Return
PZA Rank:
PZA 7.95%
Category Low
Category High
3 Year Return
PZA Rank:
PZA 14.08%
Category Low
Category High
5 Year Return
PZA Rank:
PZA 31.84%
Category Low
Category High
Charts

PZA - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of PZA relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

Valuation

PZA - Valuation

This section shows how the P/E multiple of PZA compares to the peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
P/E Ratio
PZA Rank:
No Ranking Available
Category Low
Category High

As of Apr 27, 2015

Dividend

PZA - Dividend

This section shows how the dividend yield of PZA compares to the peer group ETFdb Category.

Sign Up for Pro to Unlock Data Sign Up
Annual Dividend Yield
PZA Rank:
PZA 3.82%
Category Low
Category High

As of Apr 27, 2015

Technicals

PZA - Technicals

Sign Up for Pro to Unlock Data Sign Up

PZA Volatility Analysis

This section shows how the volatility of PZA compares to the peer group ETFdb Category.

5 Day Volatility
PZA Rank:
PZA 9.17%
Category Low
Category High
20 Day Volatility
PZA Rank:
PZA 2.04%
Category Low
Category High
50 Day Volatility
PZA Rank:
PZA 3.20%
Category Low
Category High
200 Day Volatility
PZA Rank:
PZA 3.32%
Category Low
Category High
Beta
PZA Rank:
PZA 0.27
Category Low
Category High
Standard Deviation
PZA Rank:
PZA 0.64%
Category Low
Category High

PZA Technicals

  • 20 Day MA: $25.41
  • 60 Day MA: $25.36
  • MACD 15 Period: -0.04
  • MACD 100 Period: 0.05
  • Williams % Range 10 Day: 64.29
  • Williams % Range 20 Day: 64.29
  • RSI 10 Day: 45
  • RSI 20 Day: 48
  • RSI 30 Day: 50
  • Ultimate Oscillator: 36

PZA Bollinger Bands

  • Lower Bollinger (10 Day): $25.28
  • Upper Bollinger (10 Day): $25.49
  • Lower Bollinger (20 Day): $25.32
  • Upper Bollinger (20 Day): $25.51
  • Lower Bollinger (30 Day): $25.30
  • Upper Bollinger (30 Day): $25.52

PZA Support & Resistance

  • Support Level 1: $25.31
  • Support Level 2: $25.26
  • Resistance Level 1: $25.39
  • Resistance Level 2: $25.42

PZA Stochastic

  • Stochastic Oscillator %D (1 Day): 47.61
  • Stochastic Oscillator %D (5 Day): 28.51
  • Stochastic Oscillator %K (1 Day): 37.94
  • Stochastic Oscillator %K (5 Day): 25.60
Fact Sheet

PZA - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.