AVMUAvantis Core Municipal Fixed Income ETF
Seeks current income that is exempt from federal income tax.
By Avantis Investors · Launched 2020
Annual Cost
0.15%
#645 of 6,040 · low cost
Fund Size
$171M
#2,596 of 6,040 · mid-size
Return (1Y)
-0.9%
Track Record
5 years
#2,221 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$9,890-1.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 13.7% of funddiversified
San Antonio Public Facilities Corp
2.4%
JobsOhio Beverage System
1.9%
San Jacinto Community College District
1.8%
City of Miami Beach FL
1.6%
City of New York NY
1.2%
Grand Parkway Transportation Corp
1.1%
State of Colorado
1.0%
Empire State Development Corp
0.9%
NEW YORK UNIVERSITY
0.9%
District of Columbia Income Tax Revenue
0.9%
Asset allocation
Bonds
99.5%
Cash
0.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.5%Low
Year-on-year price swings
Max drawdown
-12.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.39Below average
Sortino (3Y)
-0.51Moderate downside risk
Bond profile
Duration
4.5 years
Avg maturity
10.0 years
Credit ratings
AAA
12.4%
AA
66.8%
A
15.1%
BBB
5.1%
BB
0.5%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income that is exempt from federal income tax.
- Strategy
- Actively manages a portfolio of municipal fixed income securities, investing primarily in investment grade securities exempt from federal income tax. The fund does not seek to replicate a specified index and employs an analytical framework to assess expected returns and adjust position weightings accordingly.
- Inception date
- December 10, 2020
- Fund family
- Avantis Investors
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Data updated on 2026-09-18