APMU ActivePassive Intermediate Municipal Bond ETF
Quote as of Oct 09, 2026 19:59 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.00 | Day Range | 24.03 – 24.11 |
| 52-Week Range | 23.76 – 25.99 | Volume | 89.10K |
| Avg Volume | 32.46K | AUM | $249.1M (Oct 10, 2026) |
| Expense Ratio | 0.35% | Yield (TTM) | 2.59% |
| NAV | 23.95 | Premium/Discount | +0.56% indicative |
| Inception | May 03, 2023 | Holdings | — |
| Issuer | ActivePassive | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 89834G745 | ISIN | US89834G7455 |
| Management | Actively managed (per issuer description) | ||
About this ETF
This actively managed exchange-traded fund (ETF) strategically combines active and passive investment approaches. Its primary objective is to achieve superior cost efficiency, improve its tracking performance against its benchmark—the Bloomberg Municipal 1-10 Year Blend Index—and enhance potential returns. Under typical market conditions, the fund will commit at least 80% of its total assets to U.S. municipal debt instruments that are exempt from U.S. federal income tax and carry an investment-grade credit rating or better.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.67% | -3.26% | -3.64% | -4.07% | -4.26% | +0.32% | — | — | -1.18% |
| Total return | -1.67% | -3.02% | -2.75% | -2.51% | -2.00% | +2.77% | — | — | +1.18% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.35% | Annual cost of a $10,000 investment | $35.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 1238 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | iShares National Muni Bond ETF | MUB | 3.08% | 76.38K | $7.7M |
| 2 | First American Government Obligations Fund… | — | 2.64% | 6.61M | $6.6M |
| 3 | Cash & Other | — | 1.04% | 2.61M | $2.6M |
| 4 | City of Gainesville FL Utilities System Revenue… | — | 0.85% | 2.00M | $2.1M |
| 5 | Aquarion Water Authority 5.25% 02/01/2031 | — | 0.85% | 2.00M | $2.1M |
| 6 | Metropolitan Transportation Authority 5%… | — | 0.85% | 2.04M | $2.1M |
| 7 | Central Texas Turnpike System 5% 08/15/2033 | — | 0.82% | 1.94M | $2.1M |
| 8 | New Jersey Transportation Trust Fund Authority… | — | 0.75% | 1.80M | $1.9M |
| 9 | New York State Dormitory Authority 5% 03/15/2033 | — | 0.75% | 1.75M | $1.9M |
| 10 | Snohomish County Housing Authority 4% 04/01/2033 | — | 0.74% | 1.92M | $1.9M |
| 11 | Great Lakes Water Authority Sewage Disposal… | — | 0.74% | 1.75M | $1.9M |
| 12 | State of Illinois 5% 04/01/2035 | — | 0.73% | 1.75M | $1.8M |
| 13 | State of California 5% 03/01/2035 | — | 0.66% | 1.59M | $1.6M |
| 14 | County of Hamilton OH Sales Tax Revenue 5%… | — | 0.64% | 1.50M | $1.6M |
| 15 | Texas State University System 5% 03/15/2033 | — | 0.64% | 1.50M | $1.6M |
| 16 | Texas Private Activity Bond Surface… | — | 0.63% | 1.55M | $1.6M |
| 17 | City of Mesa AZ Utility System Revenue 5%… | — | 0.63% | 1.50M | $1.6M |
| 18 | Volusia County Educational Facility Authority… | — | 0.63% | 1.50M | $1.6M |
| 19 | City of San Antonio TX Electric & Gas Systems… | — | 0.59% | 1.51M | $1.5M |
| 20 | Commonwealth of Pennsylvania 5% 09/01/2032 | — | 0.58% | 1.35M | $1.4M |
| 21 | Capital Trust Authority 5% 12/01/2030 | — | 0.54% | 1.30M | $1.4M |
| 22 | Illinois Finance Authority 5% 04/01/2033 | — | 0.53% | 1.26M | $1.3M |
| 23 | Kentucky State Property & Building Commission… | — | 0.53% | 1.25M | $1.3M |
| 24 | City of New York NY 5% 08/01/2032 | — | 0.53% | 1.26M | $1.3M |
| 25 | State of Ohio 5% 10/01/2031 | — | 0.53% | 1.24M | $1.3M |
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Sector Exposure
Distributions
| Yield (TTM) | 2.59% | Paid (last 12 months) | $0.6240 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.0321 (Oct 02, 2026) |
| Growth 1Y | -3.36% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 02, 2026 | $0.0321 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 02, 2026 | $0.0257 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 04, 2026 | $0.0606 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 02, 2026 | $0.0596 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 02, 2026 | $0.0568 |
| May 01, 2026 | May 01, 2026 | May 04, 2026 | $0.0546 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 02, 2026 | $0.0686 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 03, 2026 | $0.0511 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 03, 2026 | $0.0391 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 24, 2025 | $0.0704 |
| Nov 28, 2025 | Nov 28, 2025 | Dec 01, 2025 | $0.0471 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 04, 2025 | $0.0582 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 2.89% / 2.94% | Sharpe 1Y / 3Y | -2.10 / -0.459 |
| Max drawdown 1Y / 3Y | -5.10% / -5.10% | Sortino 1Y | -2.73 |
| Beta vs S&P 500 (3Y) | 0.018 | Correlation vs S&P 500 (1Y) | 0.214 |
| Downside deviation 1Y | 2.22% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 89.10K | Average volume | 32.46K |
| AUM | $249.1M | Premium/Discount | +0.56% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $110.0K | +0.04% | $248.9M → $249.1M |
| 1 Month | $53.7M | +27.13% | $198.0M → $249.1M |
| 1 Week | $4.2M | +1.73% | $244.4M → $249.1M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for APMU
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.