E*TRADE No Fee Municipal Bond Index (ETMUX)
| Fund Assets | 27.61M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.33% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.64 |
| YTD Return | 1.86% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.71 |
| 52-Week High | 10.65 |
| Beta (5Y) | n/a |
| Holdings | 102 |
| Inception Date | n/a |
About ETMUX
E*TRADE No Fee Municipal Bond Index Fund is an open-end mutual fund designed to track the performance of a curated slice of the U.S. municipal bond market. Its primary objective is to deliver results, before fees and expenses, similar to the Bloomberg Municipal Managed Money Intermediate (1–17 Year) Index, a market value–weighted benchmark focused on investment-grade bonds in the top two ratings tiers with maturities spanning one to seventeen years. The fund invests at least 80% of assets in municipal securities whose interest is exempt from regular federal income tax, offering broad exposure to high-quality, tax-exempt issuers across states and sectors. Positioned as part of E*TRADE’s no-fee index lineup, it is marketed with a 0% stated expense ratio and no minimums, reflecting an emphasis on cost efficiency and accessibility under Morgan Stanley Investment Management’s oversight. Key bond characteristics reported include yield to maturity, coupon profile, and effective maturity around the intermediate segment, aligning the fund’s role as a core tax-exempt bond allocation for investors seeking diversified municipal exposure.
Top 10 Holdings
20.37% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 4.21% |
| County of Hamblen TN - HAMBLEN CNTY TN | n/a | 2.51% |
| Grant County Public Utility District No 2 Electric Revenue - GRANT CNTY WA PUBLIC UTILITY DIST #2 ELEC REVENUE | n/a | 2.16% |
| North Texas Tollway Authority - N TX TOLLWAY AUTH REVENUE | TX.NRTTRN 5 01.01.2038 | 1.77% |
| Danville Multi-School Building Corp - DANVILLE IN MULTI-SCH BLDG CORP | IN.DANEDU 5 07.15.2041 | 1.71% |
| City of Coeur d'Alene ID - COEUR D'ALENE ID | ID.COE 5 08.01.2031 | 1.69% |
| Prosper Independent School District - PROSPER TX INDEP SCH DIST | n/a | 1.61% |
| City of Denton TX - DENTON TX | TX.DNN 5 02.15.2041 | 1.60% |
| Illinois Finance Authority - ILLINOIS ST FIN AUTH REVENUE | IL.ILSGEN 5 04.01.2031 | 1.57% |
| County of Clark NV - CLARK CNTY NV HIGHWAY IMPT REVENUE | NV.CLATRN 5 07.01.2033 | 1.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03509 | Jan 30, 2026 |
| Dec 19, 2025 | $0.04006 | Dec 19, 2025 |
| Nov 28, 2025 | $0.03759 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03661 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03677 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03864 | Aug 29, 2025 |