AUM $252.6MER 0.35%NAV $24.29Holdings —Inception May 2023
Price Chart
Key Statistics
Previous Close
$24.32Day Range
$24.28$24.35
52-Week Range
$23.82$25.46
Avg Volume
29.0KDividend Yield
2.58%Expense Ratio
0.35%AUM
$252.6MShares Outstanding
10.4METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Municipal | 96.34% |
| Cash & Others | 3.66% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 93.88% |
| United States | 6.12% |
Fund Information
- Issuer
- ActivePassive
- Category
- Municipal
- Inception Date
- May 3, 2023
- Exchange
- NYSE_ARCA
- Description
- The fund is an actively-managed exchange-traded fund (“ETF”) that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund’s benchmark index, the Bloomberg Municipal 1-10 Year Blend Index. Under normal market conditions, the fund will invest at least 80% of its net assets in U.S. municipal bond securities that are exempt from U.S. federal income tax and are rated investment grade or better.
Similar ETFs
The ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund issued by ActivePassive that launched on May 3, 2023. It currently manages $252.6M in assets under management. The fund charges an expense ratio of 0.35%. It falls under the Municipal category.
Top 10 holdings represent 12.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | MUB | iShares National Muni Bond ETF | 3.10% | 76,378 | $7.8M |
| 2 | — | First American Government Obligations Fund 12/01/2031 | 2.57% | 6,486,465 | $6.5M |
| 3 | — | City of Gainesville FL Utilities System Revenue 5% 10/01/2034 | 0.86% | 2,000,000 | $2.2M |
| 4 | — | Aquarion Water Authority 5.25% 02/01/2031 | 0.85% | 2,000,000 | $2.1M |
| 5 | — | Metropolitan Transportation Authority 5% 11/15/2029 | 0.84% | 2,035,000 | $2.1M |
| 6 | — | Central Texas Turnpike System 5% 08/15/2033 | 0.82% | 1,935,000 | $2.1M |
| 7 | — | New Jersey Transportation Trust Fund Authority 5% 06/15/2035 | 0.76% | 1,800,000 | $1.9M |
| 8 | — | Snohomish County Housing Authority 4% 04/01/2033 | 0.75% | 1,915,000 | $1.9M |
| 9 | — | New York State Dormitory Authority 5% 03/15/2033 | 0.75% | 1,750,000 | $1.9M |
| 10 | — | Great Lakes Water Authority Sewage Disposal System Revenue 5% 07/01/2031 | 0.74% | 1,750,000 | $1.9M |
| 11 | — | State of Illinois 5% 04/01/2035 | 0.73% | 1,750,000 | $1.8M |
| 12 | — | State of California 5% 03/01/2035 | 0.66% | 1,590,000 | $1.7M |
| 13 | — | Texas State University System 5% 03/15/2033 | 0.64% | 1,500,000 | $1.6M |
| 14 | — | County of Hamilton OH Sales Tax Revenue 5% 12/01/2035 | 0.64% | 1,500,000 | $1.6M |
| 15 | — | Texas Private Activity Bond Surface Transportation Corp 5% 12/31/2032 | 0.63% | 1,550,000 | $1.6M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.16% | |
| 1W | +0.75% | |
| 1M | +0.19% | |
| 3M | -1.30% | |
| 6M | -2.84% | |
| YTD | -3.21% | |
| 1Y | -3.65% | |
| 3Y | +1.93% | |
| 5Y | -3.03% |
Moving Averages
20-Day MA
$24.09
Above 20-Day MA50-Day MA
$24.39
Below 50-Day MA200-Day MA
$24.87
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.46
Current Price
$24.28
52-Week Low
$23.82
$23.82$25.46
Current Yield
2.58%
Annual Dividend
$0.2312
Frequency
Monthlyx/year
Last Ex-Date
Jun 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 1, 2026 | $0.0568 | Jun 2, 2026 |
| May 1, 2026 | $0.0546 | May 4, 2026 |
| Apr 1, 2026 | $0.0686 | Apr 2, 2026 |
| Mar 2, 2026 | $0.0511 | Mar 3, 2026 |
| Feb 2, 2026 | $0.0391 | Feb 3, 2026 |
| Dec 23, 2025 | $0.0704 | Dec 24, 2025 |
| Nov 28, 2025 | $0.0471 | Dec 1, 2025 |
| Nov 3, 2025 | $0.0582 | Nov 4, 2025 |
| Oct 1, 2025 | $0.0566 | Oct 2, 2025 |
| Sep 2, 2025 | $0.0519 | Sep 3, 2025 |
| Aug 1, 2025 | $0.0561 | Aug 4, 2025 |
| Aug 1, 2025 | $0.0561 | Aug 4, 2025 |
| Jul 1, 2025 | $0.0538 | Jul 2, 2025 |
| Jul 1, 2025 | $0.0538 | Jul 2, 2025 |
| Jun 2, 2025 | $0.0534 | Jun 3, 2025 |
| May 1, 2025 | $0.0526 | May 2, 2025 |
| Apr 1, 2025 | $0.0614 | Apr 2, 2025 |
| Mar 3, 2025 | $0.0483 | Mar 4, 2025 |
| Mar 3, 2025 | $0.0483 | Mar 4, 2025 |
| Feb 3, 2025 | $0.0498 | Feb 4, 2025 |
Dividend Payments Over Time
Category Comparison
| Metric | APMU | Municipal(14 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.35% | 0.28% | 0.70% |
| AUM | $252.6M | $4.14B | $1.63B |
| Dividend Yield | 2.58% | 3.49% | 11.22% |
| Avg Volume | 29.0K | 2.8M | 328.2K |
| Holdings | — | 231 | 190 |
| Performance | |||
| 1-Month Return | +0.19% | -0.48% | -2.03% |
| 6-Month Return | -1.58% | -3.21% | -2.28% |
| YTD Return | -3.11% | -4.31% | -2.82% |
| 1-Year Return | -3.63% | -4.76% | -3.81% |
Compare with Another ETF
Search for an ETF to compare with APMU:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.