| Family: | Envestnet |
| Name: | ActivePassive Intermediate Municipal Bond ETF |
| Inception Date: | 3-May-2023 |
| Termination Date: | |
| Investment Objective: | APMU is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the Bloomberg Municipal 1-10 Year Blend Index, the Fund's benchmark index. The ratio of the Fund's investment portfolio that is actively versus passively managed is determined by a variety of factors, including Envestnet's proprietary methodologies and academic research on factor investing. APMU 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. |
| Prospectus | |
| Top 10 Holdings | ||
| Top 10 Holdings Weight: |
| Number of Holdings: | |
| Shares Outstanding: | 8,025,000 |
| Total Net Assets: | 201,306,300 |
| NAV: | 25.08 |
| Net Expense Ratio: | 0.37% |
| Asset Class: | Bonds |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | |
| Currency: | |
| Commodity: | |
| Sector: | |
| Industry: | |
| Dividend Type: | |
| Tax Exempt State: | Municipal - National |
| Maturity Duration: | Intermediate (3-10) years |
| Market Cap: | |
| Credit Quality: | Investment Grade Only |
| Mortgage Bond Types: | |
| Bond Type: | Municipal |
| Gov't Bond Types: | |
| Reit Type: | |
| Leverage Direction/Factor: | |
| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |
