---
ticker: "PZT"
name: "Invesco New York AMT-Free Municipal Bond ETF"
url: "https://etf.net/etf/PZT"
grade: "C"
score: 54
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "39 of 63"
methodology: "https://etf.net/methodology"
---

# PZT: Invesco New York AMT-Free Municipal Bond ETF

Grade **C**, Score 54 of 100. Rank 39 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 61 | 22 of 63 |
| Mission | 74 | 49 of 59 |
| Risk | 29 | 62 of 63 |
| Tradability | 25 | 54 of 63 |
| Holdings | 62 | 27 of 63 |
| Durability | 62 | 27 of 63 |

## Top holdings

The fund holds 1319 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | New York State Dormitory Authority 5.50% 07/01/2054 | 1.68% |
| 2 | — | USD Pending Dividends | 1.27% |
| 3 | — | Hudson Yards Infrastructure Corp 5.00% 02/15/2042 | 0.88% |
| 4 | — | New York State Dormitory Authority 4.25% 05/01/2052 | 0.87% |
| 5 | — | New York Power Authority 4.00% 11/15/2050 | 0.76% |
| 6 | — | New York State Dormitory Authority 5.25% 05/01/2054 | 0.75% |
| 7 | — | Battery Park City Authority 5.25% 11/01/2055 | 0.75% |
| 8 | — | New York Liberty Development Corp 3.00% 11/15/2051 | 0.74% |
| 9 | — | New York Liberty Development Corp 2.45% 09/15/2069 | 0.74% |
| 10 | — | New York Power Authority 4.00% 11/15/2055 | 0.71% |
| 11 | — | Hudson Yards Infrastructure Corp 4.00% 02/15/2047 | 0.69% |
| 12 | — | Monroe County Industrial Development Corp/NY 4.00% 07/01/2050 | 0.68% |
| 13 | — | New York Liberty Development Corp 2.80% 09/15/2069 | 0.64% |
| 14 | — | New York State Dormitory Authority 5.00% 05/01/2052 | 0.64% |
| 15 | — | Hudson Yards Infrastructure Corp 4.00% 02/15/2044 | 0.64% |
| 16 | — | New York Power Authority 4.00% 11/15/2045 | 0.59% |
| 17 | — | New York State Dormitory Authority 4.00% 05/01/2054 | 0.59% |
| 18 | — | New York State Dormitory Authority 5.50% 10/01/2054 | 0.58% |
| 19 | — | New York Liberty Development Corp 2.88% 11/15/2046 | 0.58% |
| 20 | — | New York State Dormitory Authority 4.00% 07/01/2050 | 0.56% |
| 21 | — | Onondaga Civic Development Corp 5.50% 12/01/2056 | 0.52% |
| 22 | — | New York Liberty Development Corp 2.75% 11/15/2041 | 0.49% |
| 23 | — | New York Liberty Development Corp 2.75% 02/15/2044 | 0.48% |
| 24 | — | Battery Park City Authority 5.00% 11/01/2053 | 0.47% |
| 25 | — | New York State Dormitory Authority 4.00% 07/01/2053 | 0.46% |
| 26 | — | New York Power Authority 4.00% 11/15/2060 | 0.45% |
| 27 | — | New York State Dormitory Authority 5.25% 07/01/2050 | 0.45% |
| 28 | — | New York State Dormitory Authority 5.00% 10/01/2050 | 0.45% |
| 29 | — | Battery Park City Authority 5.00% 11/01/2050 | 0.44% |
| 30 | — | Monroe County Industrial Development Corp/NY 5.00% 07/01/2053 | 0.44% |

Source: etf.net, https://etf.net/etf/PZT. Please cite the page URL.