AVMUAvantis Core Municipal Fixed Income ETF

Get income5y track recordRanked #596 of 1,622 in this goal

Seeks current income exempt from federal income tax.

By Avantis Investors · Launched 2020

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$162M

#2,478 of 5,562 · mid-size

Dividend YieldGoal

3.52%

Track Record

5 years

#2,252 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,825+8.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 13.8% of fund✓ well diversified

San Antonio Public Facilities Corp

2.5%

San Jacinto Community College District

2.0%

City of Miami Beach FL

1.9%

City of New York NY

1.3%

Pennsylvania Turnpike Commission

1.1%

Grand Parkway Transportation Corp

1.1%

State of Colorado

1.0%

NEW YORK UNIVERSITY

1.0%

Empire State Development Corp

1.0%

District of Columbia Income Tax Revenue

0.9%

Asset allocation

Bonds

99.0%

Cash

1.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.2%Low

Year-on-year price swings

Max drawdown

-12.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.04Below average

Sortino (3Y)

0.05Moderate downside risk

Bond profile

Duration

4.4 years

Avg maturity

10.2 years

Credit ratings

AAA

12.7%

69.9%

15.3%

BBB

2.0%

0.0%

Other

0.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks current income exempt from federal income tax.
Strategy: Invests primarily in municipal fixed income securities, focusing on high expected returns through an analytical framework. The portfolio managers assess securities based on factors like credit rating and duration, adjusting weightings to enhance expected returns.
Inception date: December 10, 2020
Fund family: Avantis Investors