Avantis Core Municipal Fixed Income ETF (AVMU)

NYSEARCA: AVMU · IEX Real-Time Price · USD
46.15
-0.01 (-0.02%)
At close: Dec 9, 2022 1:34 PM
46.11
-0.04 (-0.09%)
After-hours: Dec 9, 2022 6:30 PM EST
-0.02%
Assets $41.43M
NAV $46.03
Expense Ratio 0.15%
PE Ratio n/a
Shares Out 900,000
Dividend (ttm) $0.51
Dividend Yield 1.11%
Ex-Dividend Date Dec 1, 2022
1-Year Return -7.78%
Volume 1,782
Open 46.15
Previous Close 46.16
Day's Range 46.08 - 46.15
52-Week Low 43.77
52-Week High 50.06
Beta 0.19
Holdings 590
Inception Date Dec 8, 2020

About AVMU

The Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is managed by Avantis.

Asset Class Fixed Income
Region North America
Stock Exchange NYSEARCA
Ticker Symbol AVMU
Issuer Website Avantis

Top 10 Holdings

10.99% of assets
Name Symbol Weight
RIVERSIDE CALIF UNI SCH DIST 4% CA RIVSCD 4 08.01.2042 1.42%
LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5% CA LOSFAC 5 12.01.2039 1.40%
MARYLAND ST 5% MD MDS 5 08.01.2027 1.16%
ENERGY NORTHWEST WASH ELEC REV 4% WA ENEPWR 4 07.01.2042 1.08%
LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS REV 4% KY LOUUTL 4 05.15.2036 1.05%
UNIVERSITY TEX UNIV REVS 5% TX UNIHGR 5 08.15.2038 1.03%
WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 4% DC DCTTRN 4 07.15.2038 1.02%
UNIVERSITY CALIF REVS 5% CA UNVHGR 5 05.15.2040 0.98%
PORT AUTH N Y & N J 5% NY PORTRN 5 07.15.2034 0.98%
TEXAS WTR DEV BRD REV 4% TX TXSWTR 4 10.15.2038 0.86%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 1, 2022 $0.0739 Dec 6, 2022
Nov 1, 2022 $0.057 Nov 4, 2022
Oct 3, 2022 $0.058 Oct 6, 2022
Sep 1, 2022 $0.0492 Sep 7, 2022
Aug 1, 2022 $0.0447 Aug 4, 2022
Jul 1, 2022 $0.048 Jul 7, 2022
Full Dividend History

News

Buy Into Active Core Bond ETFs as Yields Soar

Bond yields have skyrocketed this week after the Federal Reserve announced its third consecutive rate hike of 0.75%. Treasury rates hit their highest levels in more than a decade on Friday morning, with...

Other symbols: AVIG
2 months ago - ETF Trends

Here's an Active Municipal Bond ETF Option to Consider

Municipal bonds could be falling back into favor for investors amid the volatility not only seen in the stock market, but also the bond market. One way to get exposure is via actively managed exchange t...

6 months ago - ETF Trends

Bonds, Especially Muni Bonds, Are Making a Comeback

Fixed income served as a strong diversifier in times of equity drawdowns over the past two decades — see the dot-com bubble and burst of the early 2000s and the global financial crisis of 2008.

Other symbols: TAXF
7 months ago - ETF Trends

Check Out This Muni Fund as Yields Are Up

With municipal yields on the rise, munis are starting to become attractive again. Research from Raymond James showed that yields for munis “saw sharp increases” last week, “with the entire AAA curve fin...

8 months ago - ETF Trends

Bargains to Be Had in Muni Land

Rising interest rates are plaguing various corners of the fixed income market and municipal bonds aren't immune from that ominous trend. However, there might be a silver lining for muni investors and th...

8 months ago - ETF Trends

Municipal Bonds Are Looking Interesting

Rising interest rates hampered municipal bonds in the first quarter, but a lethargic start to 2022 for those high-quality bonds could bring a buying opportunity with this beloved income-generating asset...

8 months ago - ETF Trends

Public Pension Health Augurs Well for Muni Bond ETFs

A lengthy run of a bull market for equities and low interest rates helped shore up public pensions, and that's good news municipal bonds and the related exchange trade funds. The news gets even better f...

9 months ago - ETF Trends

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
11 months 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 year 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
1 year 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
1 year 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 ...

2 years ago - ETF Trends

Avantis Tackles Muni ETF Space

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

2 years ago - ETFcom