Insured NY Municipal Bond Portfolio ETF (PZT)

Red Orbit  Nov 10  Comment 
Using a neutron beam as a probe, researchers working at the National Institute of Standards and Technology (NIST) have begun to reveal the crystal structure of a compound essential to technologies ranging from sonar to computer memory. Their...
Red Orbit  Sep 15  Comment 
Piezoelectric materials have fantastic properties: squeeze them and they generate an electrical field. And vice-versa, they contract or expand when jolted with an electrical pulse. With a name derived from the Greek word meaning to squeeze or...


Insured NY Municipal Bond Portfolio ETF (PZT)


The PowerShares Insured New York Municipal Bond Portfolio (Fund) is based on the BofA Merrill Lynch New York Insured Long-Term Core Plus Municipal Securities Index (Index). The Fund will normally invest at least 80% of its total assets in securities that comprise the Index and generally expects to invest at least 90% of its total assets. The Index is designed to track the performance of AAA-rated, insured, tax-exempt, long-term debt publicly issued by New York or Puerto Rico or their political subdivisions.

Fund Characteristics

  • Average Duration - 8.18
  • Average Credit Quality - Aa3/AA+
  • Average Maturity - 7/7/2035
  • Average Coupon - 5.19


Fund Information

  • Fund Manager: InvescoPowerShares [2]
  • Inception Date: 10/11/2007
  • Exchange: NYSE Arca
  • Ticker: PZT
  • Expense Ratio: 0.35%


Top Holdings

' Coupon Rate Maturity Date Rating Weight
SALES TAX ASSET RECEIVABLE 5% 10/15/20325.00%10/15/2032AAA/Aa36.17%
NEW YORK CONVENTION CTR DEV 5% 11/15/20445.00%11/15/2044A/A24.23%
NEW YORK NY CITY INDL DEV AGY REV 7.00% 03/01/20497.00%3/1/2049AAA/Aa23.47%
TRIBOROUGH BRDG & TUNL AUTH N 5% 11/15/20325.00%11/15/2032A+/Aa33.34%
NEW YORK CITY WTR FIN MUNI 6.00% 06/15/20406.00%6/15/2040AA+/Aa33.30%
NASSAU CNTY NY SWR & STORM MUNI 5.375% 11/01/2028 5.38%11/1/2028AAA/Aa13.24%
LONG ISLAND POWER AUTH NY ELEC SYS 5.5% 05/01/20335.50%5/1/2033AAA/Aa13.24%
NEW YORK STATE DORM AUTH REV 5% 07/01/20395.00%7/1/2039AA/Aa13.15%
PORT AUTH NY&NJ CONS 148 5% 08/15/20335.00%8/15/2033AAA/Aa33.12%

As of 10/19/2009


  1. Insured NY Municipal Bond Portfolio ETF (PZT)
  2. InvescoPowerShares
  3. Insured NY Municipal Bond Portfolio ETF (PZT) Fund Information
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki