Avantis Core Municipal Fixed Income ETF (AVMU)

NYSEARCA: AVMU · IEX Real-Time Price · USD
49.56
-0.09 (-0.17%)
At close: Jan 14, 2022 4:00 PM
49.57
0.00 (0.00%)
After-hours:Jan 14, 2022 8:00 PM EST
Assets$27.26M
NAV$49.57
Expense Ratio0.15%
PE Ration/a
Shares Out550,000
Dividend (ttm)$0.38
Dividend Yield0.78%
Ex-Dividend DateDec 16, 2021
1-Year Return-1.25%
Volume454
Open49.59
Previous Close49.65
Day's Range49.56 - 49.59
52-Week Low49.32
52-Week High49.32
Beta0.09
Holdings444
Inception DateDec 8, 2020

About AVMU

Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in municipal fixed income securities with interest payments exempt from federal income tax. The fund will invest primarily in investment grade securities as rated by an independent rating agency or determined by the advisor to be of comparable credit quality if a rating is unavailable.

Asset ClassFixed Income
RegionNorth America
IssuerAmerican Century
Stock ExchangeNYSEARCA
Ticker SymbolAVMU

Top 10 Holdings

11.37% of assets
NameSymbolWeight
DENVER COLO CITY & CNTY 5%N/A1.58%
DISTRICT COLUMBIA INCOME TAX REV 4%N/A1.57%
CALIFORNIA ST 5.25%N/A1.16%
WASHINGTON ST 5%N/A1.14%
PRIVATE COLLEGES & UNIVS AUTH GA REV 4%N/A1.10%
METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 3.25%N/A1.04%
CALIFORNIA ST 3%N/A1.01%
ALABAMA ST PUB SCH & COLLEGE AUTH 5%N/A0.96%
LOS ANGELES CALIF DEPT ARPTS REV 5%N/A0.94%
ALABAMA ST PUB SCH & COLLEGE AUTH 4%N/A0.88%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 16, 2021$0.0346Dec 21, 2021
Dec 1, 2021$0.0378Dec 6, 2021
Nov 1, 2021$0.030Nov 4, 2021
Oct 1, 2021$0.036Oct 6, 2021
Sep 1, 2021$0.0323Sep 7, 2021
Aug 2, 2021$0.030Aug 5, 2021
Full Dividend History

News

Low-Duration Intermediate Fixed Income Serves as Attractive Diversifier

It's been a tough time for bonds. Fixed income markets were challenged in 2021, and with the Fed indicating that it could raise rates as many as three times this year, it looks as though 2022 won't be m...

Other symbols:AEMBAVIGKORP
4 days ago - ETF Trends

Hidden Income Your Munis Are Missing: An Expert Perspective

Municipal bonds (munis) have been a linchpin for advisors building effective, tax-efficient portfolios for their clients in this lower-for-longer yield environment. However, with a Fed taper almost a ne...

Other symbols:TAXF
1 month ago - ETF Trends

Will Municipal Bond ETFs Shatter Records in 2021?

Fixed income investors are looking into municipal bonds and their related exchange traded funds this year. Investment interest for the munis market has increased this year as rising taxes, the search fo...

Other symbols:TAXF
7 months ago - ETF Trends

Bond Investors Can Turn to Muni ETFs for Steady Yields at Lower Tax Rates

Fixed income exchange traded fund investors seeking steady yields and lower tax rates can turn to municipal bond strategies. According to Municipal Market Analytics, investors have already funneled a ne...

Other symbols:TAXF
8 months ago - ETF Trends

Avantis Investors Launches First Municipal Bond ETF, ‘AVMU'

On Thursday, following the launch of its first two fixed income ETFs in October, Avantis Investors, a $2.5 billion investment brand from global asset manager American Century Investments, announced the ...

1 year ago - ETF Trends

Avantis Tackles Muni ETF Space

The actively managed ETF invests in investment-grade municipal bonds. 

1 year ago - ETFcom