NYSEARCA:APMU

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

$24.68
-0.06 (-0.24%)
(As of 05/17/2024 08:53 PM ET)
Today's Range
$24.64
$24.72
50-Day Range
$24.57
$24.99
52-Week Range
$23.75
$25.11
Volume
12,800 shs
Average Volume
36,909 shs
Market Capitalization
$127.84 million
Assets Under Management
$130.03 million
Dividend Yield
2.03%
Net Expense Ratio
0.35%

About ActivePassive Intermediate Municipal Bond ETF

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.

APMU Stock Price History

APMU ETF News Headlines

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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
532

Fund Statistics

Assets Under Management
$130.03 million
Average Daily Volume
$0.00
Discount/Premium
0.09%

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

Miscellaneous

Beta
0.05
Creation Fee
$500.00
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ActivePassive Intermediate Municipal Bond ETF Expenses

TypeAPMUBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.35%0.33%0.32%0.50%0.51%
Other Expenses0.00%0.47%0.28%0.64%0.58%
Total Expense0.35%0.44%0.40%0.74%0.70%
Fee Waiver0.00%-0.32%-0.25%-0.68%-0.56%
Net Expense0.35%0.37%0.35%0.58%0.58%

ActivePassive Intermediate Municipal Bond ETF (APMU) Holdings & Exposure

Top 10 APMU Holdings

  • iShares National Muni Bond ETF(NYSEARCA:MUB)
    Holding Weight: 26.26%
  • First American Government Obligs X
    Holding Weight: 8.64%
  • SNOHOMISH CNTY WASH HSG AUTH REV 4%
    Holding Weight: 1.45%
  • GRANT CNTY WASH PUB UTIL DIST NO 002 ELEC REV 4%
    Holding Weight: 1.22%
  • LOS ANGELES CALIF UNI SCH DIST 5%
    Holding Weight: 1.12%
  • MAINE MUN BD BK 5%
    Holding Weight: 1.06%
  • UNIVERSITY TEX UNIV REVS 5%
    Holding Weight: 0.91%
  • OREGON ST 5%
    Holding Weight: 0.87%
  • OKLAHOMA ST CAPITOL IMPT AUTH ST FACS REV 5%
    Holding Weight: 0.86%
  • HOUSTON TEX UTIL SYS REV 5%
    Holding Weight: 0.82%

APMU Sector Exposure

APMU Industry Exposure


APMU ETF - Frequently Asked Questions

How have APMU shares performed in 2024?

ActivePassive Intermediate Municipal Bond ETF's stock was trading at $25.04 at the beginning of 2024. Since then, APMU stock has decreased by 1.4% and is now trading at $24.68.
View the best growth stocks for 2024 here
.

What does APMU invest in?

ActivePassive Intermediate Municipal Bond ETF is a fixed income fund issued by Envestnet. APMU focuses on broad municipals investments. The fund's investments total to approximately $130.03 million assets under management.

What is the management fee for ActivePassive Intermediate Municipal Bond ETF?

ActivePassive Intermediate Municipal Bond ETF's management fee is 0.35% and has no other recorded expenses or fee waivers. The net expense ratio for APMU is 0.35%.

How do I buy shares of ActivePassive Intermediate Municipal Bond ETF?

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.
Compare Top Brokerages Here.

This page (NYSEARCA:APMU) was last updated on 5/20/2024 by MarketBeat.com Staff

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