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NYSEARCA:APMU

ActivePassive Intermediate Municipal Bond ETF (APMU) Price, Holdings, & News

$24.69 +0.05 (+0.20%)
(As of 12/20/2024 04:32 PM ET)

About ActivePassive Intermediate Municipal Bond ETF (NYSEARCA:APMU)

Key Stats

Today's Range
$24.65
$24.71
50-Day Range
$24.62
$24.98
52-Week Range
$24.39
$25.14
Volume
18,631 shs
Average Volume
22,457 shs
Market Capitalization
$127.89 million
Assets Under Management
$151.29 million
Dividend Yield
2.03%
Net Expense Ratio
0.36%
Aggregate Rating
N/A

ETF Overview

The ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years. APMU was launched on May 3, 2023 and is managed by Envestnet.

ActivePassive Intermediate Municipal Bond ETF Expenses

TypeAPMUBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.35%0.32%0.33%0.51%0.52%
Other Expenses0.01%0.57%0.26%0.57%0.53%
Total Expense0.36%0.46%0.40%0.73%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.67%-0.56%
Net Expense0.36%0.41%0.36%0.58%0.59%
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APMU ETF News Headlines

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APMU ETF - Frequently Asked Questions

ActivePassive Intermediate Municipal Bond ETF's stock was trading at $25.04 at the beginning of the year. Since then, APMU stock has decreased by 1.4% and is now trading at $24.69.
View the best growth stocks for 2024 here
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Shares of APMU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Fund Details

Issuer
Envestnet
Fund Name
ActivePassive Intermediate Municipal Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:APMU
Inception Date
5/3/2023
Fund Manager
Brandon Thomas, Janis Zvingelis, Gregory Classen, Timothy Murphy
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Strategy
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
986

Fund Statistics

Assets Under Management
$151.29 million
Average Daily Volume
$0.00
Discount/Premium
0.05%

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Envestnet Asset Management, Inc.
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
21,500 shs

Miscellaneous

Beta
0.05
Creation Fee
$500.00
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Top 10 APMU Holdings

  • iShares National Muni Bond ETF (NYSEARCA:MUB)
    Holding Weight: 3.13%
  • Government Obligations Fund
    Holding Weight: 1.54%
  • PRIVATE COLLEGES & UNIVS AUTH GA REV 5%
    Holding Weight: 1.27%
  • SNOHOMISH CNTY WASH HSG AUTH REV 4%
    Holding Weight: 1.23%
  • DEPOSITS WITH BROKER FOR SHORT POSITIONS
    Holding Weight: 1.12%
  • MISSISSIPPI ST 4%
    Holding Weight: 1.10%
  • GRANT CNTY WASH PUB UTIL DIST NO 002 ELEC REV 4%
    Holding Weight: 1.06%
  • PENNSYLVANIA ST 5%
    Holding Weight: 1.04%
  • LOS ANGELES CALIF UNI SCH DIST 5%
    Holding Weight: 0.97%
  • OHIO ST ADULT CORRECTIONAL CAP FACS 5%
    Holding Weight: 0.94%

APMU Sector Exposure

APMU Industry Exposure


This page (NYSEARCA:APMU) was last updated on 12/22/2024 by MarketBeat.com Staff
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