ActivePassive Intermediate Municipal Bond ETF (APMU)
APMU Price Chart
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APMU ETF Profile
Key details and information about ActivePassive Intermediate Municipal Bond ETF (APMU).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
3 May 2023
Country
US
Description
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.
APMU ETF Performance
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