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Invesco California AMT-Free Municipal Bond ETF (PWZ)

Muni California Long | Exchange Traded Fund | NYSEArca
24.37 USD +0.12 (0.495%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 24.36 -0.01 (-0.010%) ⇩ (April 17, 2026, 6:28 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 1:25 p.m. EDT

PWZ has shown a stable price movement in recent days, with a slight upward trend near its 50-day average. The high dividend yield of 3.58% is a strong positive for income-focused investors, and the consistent dividend payments over the past few years indicate reliability. However, the short-term price forecast is weak, with a minimal predicted upward movement. Long-term investors may find the current dip an opportunity to buy and hold, especially given the strong fundamentals and consistent yield. Options activity suggests some bearish sentiment, but it's not overwhelming, and the overall outlook remains cautiously optimistic.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.008131
MSTL0.008545
AutoETS0.009025
AutoARIMA0.009028

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 78%
H-stat 1.05
Ljung-Box p 0.000
Jarque-Bera p 0.603
Excess Kurtosis -0.12

As of April 11, 2026, 1:25 p.m. EDT: Options speculators are showing mixed signals. For the near-term expiration (April 17), puts are showing higher open interest and volume, particularly around the 23.0 strike, indicating some bearish sentiment. However, calls are minimal, with only one ATM call showing activity. For longer-dated expirations, such as July 17, there is a notable increase in put open interest and volume, especially around the 22.0 strike, suggesting a potential bearish bias. The low implied volatility on the July 17 puts might indicate a lack of conviction in the direction, or a belief in a range-bound market.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.33% 3.66% 3.47% 3.13%
Dividend History
Date Dividend Yield %
2026-03-23 0.078 0.326496
2026-02-23 0.076 0.311856
2026-01-20 0.077 0.321946
2025-12-22 0.075 0.313667
2025-11-24 0.075 0.313215
2025-10-20 0.069 0.288454
2025-09-22 0.066 0.280857
2025-08-18 0.067 0.296938
2025-07-21 0.067 0.300539
2025-06-23 0.066 0.291064
2025-05-19 0.070 0.307863
2025-04-21 0.069 0.311278
2025-03-24 0.069 0.298025
2025-02-24 0.064 0.269690
2025-01-21 0.067 0.286198
2024-12-23 0.063 0.267114
2024-11-18 0.064 0.268996
2024-10-21 0.069 0.290998
2024-09-23 0.080 0.334824
2024-08-19 0.065 0.277428
2024-07-22 0.070 0.299431
2024-06-24 0.069 0.295036
2024-05-20 0.067 0.290318
2024-04-22 0.067 0.291580
2024-03-18 0.066 0.283395
2024-02-20 0.065 0.279504
2024-01-22 0.066 0.285000
2023-12-18 0.068 0.295720
2023-11-20 0.061 0.276008
2023-10-23 0.059 0.281152
2023-09-18 0.060 0.271297
2023-08-21 0.060 0.271974
2023-07-24 0.059 0.259794
2023-06-20 0.056 0.248571
2023-05-22 0.058 0.262931
2023-04-24 0.058 0.259598
2023-03-20 0.058 0.260848
2023-02-21 0.057 0.262404
2023-01-23 0.057 0.254143
2022-12-19 0.061 0.278535
2022-11-21 0.058 0.270044
2022-10-24 0.053 0.260762
2022-09-19 0.051 0.239180
2022-08-22 0.048 0.217751
2022-07-18 0.047 0.213111
2022-06-21 0.044 0.208197
2022-05-23 0.047 0.219029
2022-04-18 0.046 0.207092
2022-03-21 0.047 0.203865
2022-02-22 0.048 0.203360
2022-01-24 0.050 0.207716
2021-12-20 0.050 0.203995
2021-11-22 0.051 0.209197
2021-10-18 0.053 0.218901
2021-08-23 0.052 0.212420
2021-07-19 0.053 0.214534
2021-06-21 0.053 0.216617
2021-05-24 0.054 0.222544
2021-04-19 0.053 0.218611
2021-03-22 0.054 0.226640
2021-02-22 0.055 0.229458
2021-01-19 0.055 0.228676
2020-12-21 0.057 0.236696
2020-11-23 0.056 0.233684
2020-10-19 0.055 0.234849
2020-09-21 0.053 0.225362
2020-08-24 0.040 0.168272
2020-07-20 0.054 0.229719
2020-06-22 0.054 0.232954
2020-05-18 0.056 0.246121
2020-04-20 0.059 0.260333
2020-03-23 0.056 0.269702
2020-02-24 0.058 0.244545
2020-01-21 0.057 0.245627
2019-12-23 0.058 0.253021
2019-11-18 0.058 0.254772
2019-10-21 0.058 0.254566
2019-09-23 0.059 0.258368
2019-08-19 0.055 0.239709
2019-07-22 0.056 0.249624
2019-06-24 0.058 0.260135
2019-05-20 0.058 0.262650
2019-04-22 0.057 0.263216
2019-03-18 0.057 0.266941
2019-02-19 0.056 0.264159
2019-01-22 0.056 0.266177
2018-12-24 0.049 0.232868
2018-11-19 0.055 0.266334
2018-10-22 0.056 0.272305
2018-08-20 0.055 0.261812
2018-07-23 0.057 0.272122
2018-06-18 0.056 0.267626
2018-05-21 0.055 0.265678
2018-04-23 0.054 0.262122
2018-03-19 0.054 0.262163
2018-02-20 0.053 0.257047
2018-01-22 0.053 0.253337
2017-12-18 0.051 0.242971
2017-11-20 0.056 0.268126
2017-10-23 0.049 0.234576
2017-09-18 0.055 0.264396
2017-08-15 0.054 0.260036
2017-07-14 0.055 0.267646
2017-06-15 0.055 0.267392
2017-05-15 0.056 0.276974
2017-04-13 0.056 0.277689
2017-03-15 0.055 0.279094
2017-02-15 0.058 0.294375
2017-01-13 0.056 0.280533
2016-12-15 0.057 0.294107
2016-11-15 0.053 0.269432
2016-10-14 0.047 0.231911
2016-09-15 0.047 0.228221
2016-08-15 0.060 0.289789
2016-07-15 0.063 0.305073
2016-06-15 0.064 0.310762
2016-05-13 0.066 0.325374
2016-04-15 0.067 0.331756
2016-03-15 0.067 0.339554
2016-02-12 0.067 0.336909
2016-01-15 0.068 0.343607
2015-12-15 0.069 0.352275
2015-11-13 0.071 0.369316
2015-10-15 0.062 0.323402
2015-09-15 0.061 0.321871
2015-08-14 0.065 0.340431
2015-07-15 0.064 0.341825
2015-06-15 0.066 0.352002
2015-05-15 0.069 0.367944
2015-04-15 0.070 0.366162
2015-03-13 0.073 0.384687
2015-02-13 0.075 0.395738
2015-01-15 0.075 0.390801
2014-12-15 0.074 0.393189
2014-11-14 0.079 0.424442
2014-10-15 0.080 0.424472
2014-09-15 0.079 0.428767
2014-08-15 0.083 0.449929
2014-07-15 0.084 0.466563
2014-06-13 0.084 0.467762
2014-05-15 0.084 0.467653
2014-04-15 0.084 0.477820
2014-03-14 0.084 0.488399
2014-02-14 0.083 0.492020
2014-01-15 0.083 0.497299
2013-12-13 0.081 0.492460
2013-11-15 0.080 0.489540
2013-10-15 0.079 0.491643
2013-09-13 0.077 0.485285
2013-08-15 0.076 0.473940
2013-07-15 0.075 0.461432
2013-06-14 0.071 0.421836
2013-05-15 0.076 0.435513
2013-04-15 0.076 0.437859
2013-03-15 0.076 0.442329
2013-02-15 0.074 0.427564
2013-01-15 0.078 0.450393
2012-12-14 0.077 0.445808
2012-11-15 0.079 0.455544
2012-10-15 0.077 0.450483
2012-09-14 0.077 0.458370
2012-08-15 0.082 0.486708
2012-07-13 0.085 0.505553
2012-06-15 0.086 0.517766
2012-05-15 0.086 0.517271
2012-04-13 0.086 0.524918
2012-03-15 0.087 0.536119
2012-02-15 0.086 0.527539
2012-01-13 0.086 0.533458
2011-12-15 0.078 0.496834
2011-11-15 0.078 0.506663
2011-10-14 0.080 0.518726
2011-09-15 0.086 0.560458
2011-08-15 0.085 0.559715
2011-07-15 0.088 0.593640
2011-06-15 0.088 0.598752
2011-05-13 0.090 0.617120
2011-04-15 0.090 0.644306
2011-03-15 0.093 0.665491
2011-02-15 0.092 0.671426
2011-01-14 0.090 0.670394
2010-12-15 0.108 0.786183
2010-11-15 0.076 0.525854
2010-10-15 0.076 0.503335
2010-09-15 0.085 0.564689
2010-08-13 0.087 0.585992
2010-07-15 0.088 0.602601
2010-06-15 0.090 0.623019
2010-05-14 0.087 0.600985
2010-04-15 0.091 0.636531
2010-03-15 0.093 0.652758
2010-02-12 0.093 0.657557
2010-01-15 0.094 0.665569
2009-12-15 0.099 0.707062
2009-11-13 0.089 0.644636
2009-10-15 0.092 0.652624
2009-09-15 0.092 0.653506
2009-08-14 0.087 0.653755
2009-07-15 0.096 0.728344
2009-06-15 0.093 0.714287
2009-05-15 0.090 0.676893
2009-04-15 0.083 0.647594
2009-03-13 0.091 0.728119
2009-02-13 0.096 0.740968
2009-01-15 0.080 0.622311
2008-12-15 0.096 0.873037
2008-11-14 0.086 0.702144
2008-10-15 0.082 0.730142
2008-09-15 0.077 0.571439
2008-08-15 0.089 0.677020
2008-07-15 0.089 0.666521
2008-06-13 0.088 0.664535
2008-05-15 0.085 0.636228
2008-04-15 0.084 0.634904
2008-03-14 0.082 0.647559
2008-02-15 0.092 0.672788
2008-01-15 0.092 0.663600
2007-12-14 0.143 1.061096
2007-11-15 0.092 0.683833
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.58

Info Dump

Attribute Value
All Time High 30.91
All Time Low 18.99
Ask 25.31
Ask Size 1,000
Average Daily Volume10 Day 171,430
Average Daily Volume3 Month 230,696
Average Volume 230,696
Average Volume10Days 171,430
Beta3 Year 1.24
Bid 23.75
Bid Size 6,200
Category Muni California Long
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.37
Day Low 24.325
Dividend Yield 3.58
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.2204
Fifty Day Average Change 0.14960098
Fifty Day Average Change Percent 0.006176652
Fifty Two Week Change Percent 6.3727617
Fifty Two Week High 24.59
Fifty Two Week High Change -0.21999931
Fifty Two Week High Change Percent -0.008946698
Fifty Two Week Low 22.75
Fifty Two Week Low Change 1.6200008
Fifty Two Week Low Change Percent 0.07120883
Fifty Two Week Range 22.75 - 24.59
First Trade Date Milliseconds 1,192,714,200,000
Five Year Average Return 0.0014555999
Full Exchange Name NYSEArca
Fund Family Invesco
Fund Inception Date 1,192,060,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund generally will invest at least 80% of its total assets in the components of the index. The index is composed of U.S. dollar-denominated, tax-exempt municipal debt publicly issued by California or any U.S. territory and their political subdivisions, in the U.S. domestic market. It is non-diversified.
Long Name Invesco California AMT-Free Municipal Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_37982726
Nav Price 24.31
Net Assets 1,065,736,190.0
Net Expense Ratio 0.28
Open 24.32
Post Market Change -0.010000229
Post Market Change Percent -0.041034997
Post Market Price 24.36
Post Market Time 1,776,464,881
Previous Close 24.25
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.120001
Regular Market Change Percent 0.494849
Regular Market Day High 24.37
Regular Market Day Low 24.325
Regular Market Day Range 24.325 - 24.37
Regular Market Open 24.32
Regular Market Previous Close 24.25
Regular Market Price 24.37
Regular Market Time 1,776,456,000
Regular Market Volume 212,763
Short Name Invesco California AMT-Free Mun
Source Interval 15
Symbol PWZ
Three Year Average Return 0.0265746
Total Assets 1,065,736,192
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.21091
Trailing Three Month Returns -0.21091
Triggerable 1
Two Hundred Day Average 23.92635
Two Hundred Day Average Change 0.4436512
Two Hundred Day Average Change Percent 0.018542368
Type Disp ETF
Volume 212,763
Yield 0.0358
Ytd Return -0.21091