ETF overview
AMUN seeks high after-tax income by investing primarily in investment-grade, tax-exempt municipal securities. The fund maintains an ultra-short duration profile, typically two years or less, to help reduce interest rate sensitivity. The portfolio may include various types of municipal obligations such as general obligation and revenue bonds, variable- and floating-rate issues, and tender option bonds. Up to 20% of assets may be allocated to below-investment-grade securities, while the fund may also invest in taxable fixed income if market conditions warrant it. The adviser uses sector allocation, credit analysis, and duration management to evaluate opportunities and balance income potential with risk. ESG factors may be considered as part of the research process. The ETF launched through a mutual fund conversion. The abrdn Intermediate Municipal Income Fund converted to AMUN with $29.9 million in assets.
Fund facts
- Expense ratio
- 0.74%
- Fund assets
- 58.24M USD (all share classes)
- Issuer
- Aberdeen Investments
- Inception date
- Mar 17, 1986
- Number of holdings
- 69
Breakdown
Holdings (69)
| Name | Ticker | Weight |
|---|---|---|
| PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 09/45 ADJUSTABLE VAR | 3.96% | |
| CHICAGO IL WTRWKS REVENUE CHIWTR 11/27 FIXED 5 | 3.88% | |
| JP MORGAN CHASE PUTTERS/DRIVER JPM 03/27 ADJUSTABLE VAR | 3.79% | |
| CUMBERLAND CNTY NC INDL FACS CUMPOL 12/27 ADJUSTABLE VAR | 3.49% | |
| SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 05/53 ADJUSTABLE VAR | 3.48% | |
| CHANDLER AZ INDL DEV AUTH INDL CHADEV 09/52 ADJUSTABLE VAR | 3.45% | |
| TNDR OPT FLTR BAP0002 12/27 1 | 3.44% | |
| NEWARK NJ NWK 05/27 FIXED 4.25 | 3.43% | |
| JOHNSON CITY NY JOH 06/27 FIXED 4 | 3.43% | |
| POUGHKEEPSIE CITY NY POU 04/27 FIXED 3.5 | 3.42% | |
| and 56 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
abrdn Ultra Short Municipal Income Active ETF (AMUN)
- Expense ratio
- 0.74%
- Fund assets
- 58.24M USD (all share classes)
- Issuer
- Aberdeen Investments
- Inception date
- Mar 17, 1986
- Number of holdings
- 69
| Name | Ticker | Weight |
|---|---|---|
| PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 09/45 ADJUSTABLE VAR | 3.96% | |
| CHICAGO IL WTRWKS REVENUE CHIWTR 11/27 FIXED 5 | 3.88% | |
| JP MORGAN CHASE PUTTERS/DRIVER JPM 03/27 ADJUSTABLE VAR | 3.79% | |
| CUMBERLAND CNTY NC INDL FACS CUMPOL 12/27 ADJUSTABLE VAR | 3.49% | |
| SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 05/53 ADJUSTABLE VAR | 3.48% | |
| CHANDLER AZ INDL DEV AUTH INDL CHADEV 09/52 ADJUSTABLE VAR | 3.45% | |
| TNDR OPT FLTR BAP0002 12/27 1 | 3.44% | |
| NEWARK NJ NWK 05/27 FIXED 4.25 | 3.43% | |
| JOHNSON CITY NY JOH 06/27 FIXED 4 | 3.43% | |
| POUGHKEEPSIE CITY NY POU 04/27 FIXED 3.5 | 3.42% | |
| and 56 more | ||
AMUN seeks high after-tax income by investing primarily in investment-grade, tax-exempt municipal securities. The fund maintains an ultra-short duration profile, typically two years or less, to help reduce interest rate sensitivity. The portfolio may include various types of municipal obligations such as general obligation and revenue bonds, variable- and floating-rate issues, and tender option bonds. Up to 20% of assets may be allocated to below-investment-grade securities, while the fund may also invest in taxable fixed income if market conditions warrant it. The adviser uses sector allocation, credit analysis, and duration management to evaluate opportunities and balance income potential with risk. ESG factors may be considered as part of the research process. The ETF launched through a mutual fund conversion. The abrdn Intermediate Municipal Income Fund converted to AMUN with $29.9 million in assets.
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