AVMU - Avantis Core Municipal Fixed Income ETF
Stock Price: $50.02 USD
-0.04 (-0.07%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
| Assets | $22.49M |
| NAV | $49.98 |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Beta (5Y) | -0.15 |
| Dividend (ttm) | $0.09 |
| Dividend Yield | 0.18% |
| Ex-Dividend Date | Apr 1, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $50.02 |
| Previous Close | $50.06 |
| Change ($) | -0.04 |
| Change (%) | -0.07% |
| Day's Open | 50.10 |
| Day's Range | 50.02 - 50.03 |
| Day's Volume | 445 |
| 52-Week Range | 49.25 - 50.45 |
Fund Description
The investment seeks current income that is exempt from federal income tax. 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 advisor expects to maintain a weighted average duration within 2 years of the weighted average duration of its benchmark, the S&P National AMT-Free Municipal Bond index.
| Asset Class Fixed Income | Inception Date Dec 8, 2020 |
| Exchange NYSEARCA | Ticker Symbol AVMU |
Top 10 Holdings
14.29% of assets| Name | Symbol | Weight |
|---|---|---|
| DENVER COLO CITY & CNTY 5% | n/a | 2.00% |
| DISTRICT COLUMBIA INCOME TAX REV 4% | n/a | 1.97% |
| CALIFORNIA ST 5.25% | n/a | 1.47% |
| WASHINGTON ST 5% | n/a | 1.44% |
| PRIVATE COLLEGES & UNIVS AUTH GA REV 4% | n/a | 1.38% |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 3.25% | n/a | 1.29% |
| CALIFORNIA ST 3% | n/a | 1.27% |
| ALABAMA ST PUB SCH & COLLEGE AUTH 5% | n/a | 1.20% |
| LOS ANGELES CALIF DEPT ARPTS REV 5% | n/a | 1.16% |
| ALABAMA ST PUB SCH & COLLEGE AUTH 4% | n/a | 1.10% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2021 | $0.0282 | Apr 7, 2021 |
| Mar 1, 2021 | $0.0353 | Mar 4, 2021 |
| Feb 1, 2021 | $0.0286 | Feb 4, 2021 |
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 ...
The actively managed ETF invests in investment-grade municipal bonds.