MUB vs PZA
YTDYear to date
MUB wins+1.2 pts
Past year
MUB wins+1.8 pts
Fee
MUB winslower fee
Yield
PZA wins+0.7 pts
AUM
MUB13.3× more
3–1MUB wins
MUB and PZA · year-to-date · as of Nov 4, 2026 · AUM not scored
PZA vs S&P 500
YTD$22.10 · +0.1% last sessionDividend-adjusted total return. S&P 500 uses VOO.CompareS&P 500+ Peer avg+ Add a fund
Return1D1M3MYTD ▼1Y3Y5YMAX
Total return+0.1%+3.5%−2.9%−1.6%−1.7%+13.0%−2.9%+74.4%
Peer average0.0%+2.9%−0.9%+0.3%+0.6%+14.6%+2.5%—
S&P 500 · VOO+0.3%−2.6%−1.7%+11.5%+11.9%+90.9%+77.5%+816.4%
Invesco PZA and Vanguard VOO · total return, dividends in · as of Nov 4, 2026
PZA’s Holdings
TodayUSD Pending DiPending Dividends1.2%CASH & EQUIV0.2%New York Cit0.1%California H0.1%New York Sta0.1%County of Je0.1%Salt River P0.1%Triborough B0.1%Charlotte-Me0.1%Public Build0.1%California H0.1%Massachusett0.1%Texas Transp0.1%Orange Count0.1%County of Je0.1%Chicago Boar0.1%Lower Alabam0.1%Texas Water 0.1%San Diego Un0.1%New York Sta0.1%Regents of t0.1%California H0.1%
USD Pending DiPending Dividends1.2%CASH & EQUIV0.2%New York Cit0.1%California H0.1%New York Sta0.1%County of Je0.1%Salt River P0.1%Triborough B0.1%Charlotte-Me0.1%Public Build0.1%California H0.1%Massachusett0.1%
Invesco PZA · 7,355 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026
All 166 Municipal ETFs
YTD| # | Trend | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 | MUB | National Muni BondReadDesk | 0.05% | 3.3% | −0.4% | −0.4% | $54.5B | |
| 2 | VTEB | Tax-Exempt BondReadDesk | 0.03% | 3.5% | −0.3% | −0.3% | $49.6B | |
| 3 | SUB | Short-Term National Muni BondReadDesk | 0.07% | 2.6% | +1.4% | +1.4% | $13.3B | |
| 4 | JMUB | JPMorgan MunicipalReadDesk | 0.18% | 3.8% | 0.0% | 0.0% | $9.0B | |
| 5 | CGMU | Capital Group Municipal IncomeReadDesk | 0.27% | 3.4% | +0.5% | +0.5% | $7.5B | |
| 6 | CMF | California Muni BondReadDesk | 0.08% | 3.1% | −0.6% | −0.6% | $5.4B | |
| 7 | HYD | VanEck High Yield MuniReadDesk | 0.32% | 4.5% | −0.5% | −0.5% | $4.6B | |
| 8 | PZA | National AMT-Free Municipal BondReadDesk | 0.28% | 4.0% | −1.6% | −1.6% | $4.1B | |
| 9 | SCMB | Municipal BondReadDesk | 0.03% | 3.6% | −0.8% | −0.8% | $4.1B | |
| 10 | HYMB | State Street SPDR Nuveen ICE High Yield Municipal BondReadDesk | 0.35% | 4.8% | +0.3% | +0.3% | $3.8B | |
| 11 | CGHM | Capital Group Municipal High-IncomeReadDesk | 0.34% | 4.3% | +0.8% | +0.8% | $3.8B | |
| 12 | MUNI | PIMCO Intermediate Municipal Bond Active Exchange-TradedReadDesk | 0.35% | 3.3% | +0.4% | +0.4% | $3.7B | |
| 13 | VTEC | California Tax-Exempt BondReadDesk | 0.06% | 3.2% | −0.8% | −0.8% | $3.6B | |
| 14 | VTES | Short-Term Tax-Exempt BondReadDesk | 0.05% | 2.7% | +1.0% | +1.0% | $3.6B | |
| 15 | SHM | State Street SPDR Nuveen ICE Short Term Municipal BondReadDesk | 0.20% | 2.7% | +1.0% | +1.0% | $3.5B | |
| 16 | TFI | State Street SPDR Nuveen ICE Municipal BondReadDesk | 0.23% | 3.7% | −0.8% | −0.8% | $2.9B |
1–16 of 166Page 1 of 11
Municipal · current AUM · as of Nov 4, 2026
PZA Payouts by Year
6YLatest payout, Oct 2026
$0.08
a share · every month
4.0% yield
4.0% yield
6 years added up
$3.74 a share
$3.74 a share
Invesco PZA · per-share distributions by ex-date · 2021–2026
PZA’s Peers
YTD| # | Trend | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MUB | iShares National Muni Bond ETFReadVersus | 0.05% | 3.3% | 0.0% | −0.4% | +0.1% | $54.5B | |
| 2 | VTEB | Vanguard Tax-Exempt Bond ETFReadVersus | 0.03% | 3.5% | 0.0% | −0.3% | +0.1% | $49.6B | |
| 3 | SUB | iShares Short-Term National Muni Bond ETFReadVersus | 0.07% | 2.6% | +0.1% | +1.4% | +2.2% | $13.3B | |
| 4 | JMUB | JPMorgan Municipal ETFReadVersus | 0.18% | 3.8% | 0.0% | 0.0% | +0.3% | $9.0B | |
| 5 | CGMU | Capital Group Municipal Income ETFReadVersus | 0.27% | 3.4% | +0.1% | +0.5% | +1.1% | $7.5B | |
| 6 | PZA | Invesco National AMT-Free Municipal Bond ETFThis fund | 0.28% | 4.0% | +0.1% | −1.6% | −1.7% | $4.1B |
#139 of 141 this year · #95 cheapest of 166 · sorted by assetsOpen the Bonds & Cash table →
PZA and its peer group · total return · as of Nov 4, 2026
Cards for This View
PZA’s Top 10 Holdings
Today2.3%of PZA sits in these 10
1USD PePending Dividends1.23%
2CASH &Cash & Equivalents0.19%
3New YoNew York City Municipal Water Finance Authority 5.25% 06/15/20550.14%
4CalifoCalifornia Health Facilities Financing Authority 4.00% 11/01/20440.13%
5New YoNew York State Dormitory Authority 4.00% 02/15/20470.10%
6CountyCounty of Jefferson AL Sewer Revenue 5.50% 10/01/20530.10%
7Salt RSalt River Project Agricultural Improvement & Power District 5.25% 01/01/20550.10%
8TriborTriborough Bridge & Tunnel Authority 5.00% 05/15/20510.10%
9CharloCharlotte-Mecklenburg Hospital Authority/The 2.50% 01/15/20420.10%
10PublicPublic Building Authority of Sevier County TN/The 2.25% 06/01/20340.10%
Invesco PZA · weight in the fund · as of Nov 3, 2026
PZA’s Holdings
TodayUSD Pending DiPending Dividends1.2%CASH & EQUIV0.2%New York Cit0.1%California H0.1%New York Sta0.1%County of Je0.1%Salt River P0.1%Triborough B0.1%Charlotte-Me0.1%Public Build0.1%California H0.1%Massachusett0.1%Texas Transp0.1%Orange Count0.1%County of Je0.1%Chicago Boar0.1%Lower Alabam0.1%Texas Water 0.1%San Diego Un0.1%New York Sta0.1%Regents of t0.1%California H0.1%
USD Pending DiPending Dividends1.2%CASH & EQUIV0.2%New York Cit0.1%California H0.1%New York Sta0.1%County of Je0.1%Salt River P0.1%Triborough B0.1%Charlotte-Me0.1%Public Build0.1%California H0.1%Massachusett0.1%
Invesco PZA · 7,355 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026
PZA vs Peer Average
YTDPZAAvsBPeer average
1D+0.1%0.0%
1M+3.5%+2.9%
3M−2.9%−0.9%
YTD−1.6%+0.3%
1Y−1.7%+0.6%
3Y+13.0%+14.6%
5Y−2.9%+2.5%
2–5Peer average wins
165 Municipal peers · each row scaled to its leader