ActivePassive Intermediate Municipal Bond ETF (APMU)

APMU was created on 2023-05-03 by ActivePassive. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 229.16m in AUM and 1268 holdings. APMU is an actively managed fund that blends active and passive investment strategies to provide current income exempt from federal taxes consistent with low volatility of principal. The ETF uses a portfolio of mostly investment grade municipal bonds, with a dollar-weighted average maturity of more than three but less than ten years.