ETF profile for Activepassive Intermediate Municipal Bond ETF (APMU) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
APMU ETF Profile
| Family: |
Envestnet |
| Name: |
ActivePassive Intermediate Municipal Bond ETF |
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| Inception Date: |
3-May-2023 |
| Termination Date: |
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| 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. |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
10,450,000 |
| Total Net Assets: |
257,488,000 |
| NAV: |
24.61 |
| Net Expense Ratio: |
0.35% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
Municipal - National |
| Maturity Duration: |
Intermediate (3-10) years |
| Market Cap: |
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| Credit Quality: |
Investment Grade Only |
| Mortgage Bond Types: |
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| Bond Type: |
Municipal |
| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
