ETF overview
This actively managed exchange-traded fund (ETF) strategically combines active and passive investment approaches. Its primary objective is to achieve superior cost efficiency, improve its tracking performance against its benchmark—the Bloomberg Municipal 1-10 Year Blend Index—and enhance potential returns. Under typical market conditions, the fund will commit at least 80% of its total assets to U.S. municipal debt instruments that are exempt from U.S. federal income tax and carry an investment-grade credit rating or better.
Fund facts
- Expense ratio
- 0.35%
- Fund assets
- 252.68M USD (all share classes)
- Issuer
- ActivePassive
- Inception date
- May 3, 2023
- Number of holdings
- 1,238
Breakdown
Holdings (1,238)
| Name | Ticker | Weight |
|---|---|---|
| iShares National Muni Bond ETF | MUB | 3.09% |
| First American Government Obligations Fund 12/01/2031 | 2.56% | |
| City of Gainesville FL Utilities System Revenue 5% 10/01/2034 | 0.86% | |
| Aquarion Water Authority 5.25% 02/01/2031 | 0.85% | |
| Metropolitan Transportation Authority 5% 11/15/2029 | 0.84% | |
| Central Texas Turnpike System 5% 08/15/2033 | 0.82% | |
| New Jersey Transportation Trust Fund Authority 5% 06/15/2035 | 0.76% | |
| Snohomish County Housing Authority 4% 04/01/2033 | 0.75% | |
| New York State Dormitory Authority 5% 03/15/2033 | 0.75% | |
| Great Lakes Water Authority Sewage Disposal System Revenue 5% 07/01/2031 | 0.74% | |
| and 1,225 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
ActivePassive Intermediate Municipal Bond ETF (APMU)
- Expense ratio
- 0.35%
- Fund assets
- 252.68M USD (all share classes)
- Issuer
- ActivePassive
- Inception date
- May 3, 2023
- Number of holdings
- 1,238
| Name | Ticker | Weight |
|---|---|---|
| iShares National Muni Bond ETF | MUB | 3.09% |
| First American Government Obligations Fund 12/01/2031 | 2.56% | |
| City of Gainesville FL Utilities System Revenue 5% 10/01/2034 | 0.86% | |
| Aquarion Water Authority 5.25% 02/01/2031 | 0.85% | |
| Metropolitan Transportation Authority 5% 11/15/2029 | 0.84% | |
| Central Texas Turnpike System 5% 08/15/2033 | 0.82% | |
| New Jersey Transportation Trust Fund Authority 5% 06/15/2035 | 0.76% | |
| Snohomish County Housing Authority 4% 04/01/2033 | 0.75% | |
| New York State Dormitory Authority 5% 03/15/2033 | 0.75% | |
| Great Lakes Water Authority Sewage Disposal System Revenue 5% 07/01/2031 | 0.74% | |
| and 1,225 more | ||
This actively managed exchange-traded fund (ETF) strategically combines active and passive investment approaches. Its primary objective is to achieve superior cost efficiency, improve its tracking performance against its benchmark—the Bloomberg Municipal 1-10 Year Blend Index—and enhance potential returns. Under typical market conditions, the fund will commit at least 80% of its total assets to U.S. municipal debt instruments that are exempt from U.S. federal income tax and carry an investment-grade credit rating or better.
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