Invesco California AMT-Free Municipal Bond ETF (PWZ US) - Portfolio Construction Methodology
ETF Strategy·2026-01-19 16:11
Invesco California AMT-Free Municipal Bond ETF (PWZ US) – Portfolio Construction MethodologyThe underlying ICE BofA California Long-Term Core Plus Municipal Securities Index delivers market-value-weighted exposure to investment grade, tax-exempt municipal bonds publicly issued by California or any U.S. territory and their political subdivisions, with ≥15 years remaining to final maturity and interest exempt from federal AMT. Eligible issues are USD-denominated and capitalization-weighted by current amount o ...