![]() PZT In 1 weeks Estimated | Monthly | $0.06 Per Share |
![]() PZT 2 weeks ago Paid | Monthly | $0.06 Per Share |
![]() PZT 1 month ago Paid | Monthly | $0.06 Per Share |
![]() PZT 2 months ago Paid | Monthly | $0.06 Per Share |
![]() PZT 3 months ago Paid | Monthly | $0.06 Per Share |
![]() PZT 4 months ago Paid | Monthly | $0.06 Per Share |
![]() PZT In 1 weeks Estimated | Monthly | $0.06 Per Share |
![]() PZT 2 weeks ago Paid | Monthly | $0.06 Per Share |
![]() PZT 1 month ago Paid | Monthly | $0.06 Per Share |
![]() PZT 2 months ago Paid | Monthly | $0.06 Per Share |
![]() PZT 3 months ago Paid | Monthly | $0.06 Per Share |
![]() PZT 4 months ago Paid | Monthly | $0.06 Per Share |
ARCA Exchange | US Country |
The company operates as an investment fund that focuses primarily on investing in U.S. dollar-denominated, investment-grade, tax-exempt debt. The investments are specifically in debt publicly issued by New York or any U.S. territory and their political subdivisions. The unique selling proposition of this fund lies in its dedication to the domestic market, ensuring that at least 80% of its total assets are invested in components of the underlying index which tracks this specific type of financial instrument. The fund's strategy indicates a non-diversified approach, meaning it does not spread its investments widely across different types of assets, focusing instead on tax-exempt debt securities. This targeted investment strategy reflects a clear expertise and focus on the municipal bond market within the U.S.
The primary service offered by the fund is the investment in tax-exempt debt securities. These securities include but are not limited to, bonds issued by New York or any U.S. territory and their political subdivisions. The fund's focus on investment-grade, tax-exempt debt aims to provide investors access to stable, relatively low-risk investments that generate tax-advantaged income.
A distinctive feature of this fund is its concentration on U.S. dollar-denominated securities. This delineation ensures that investors are not exposed to foreign currency risk, making it an attractive option for investors seeking stability and predictability in their investment returns within the domestic U.S. market.
The fund's investment strategy is sharply focused on the domestic market, specifically targeting the municipal debt market within the United States. This focus not only simplifies the investment landscape for the fund but also allows for deep expertise and knowledge of the U.S. municipal bond market, potentially leading to better investment decisions and outcomes.