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%
#612 of 5,861 · low cost
Fund Size
$169M
#2,494 of 5,861 · mid-size
Dividend YieldGoal
3.49%
Track Record
5 years
#2,200 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,583+5.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 13.7% of fund✓ well diversified
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
99.1%
Cash
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.3%Low
Year-on-year price swings
Max drawdown
-12.4%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.22Below average
Sortino (3Y)
-0.29Moderate downside risk
Bond profile
Duration
4.5 years
Avg maturity
10.3 years
Credit ratings
AAA
12.5%
AA
70.5%
A
14.8%
BBB
2.1%
BB
0.1%
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
Similar funds
Same asset class, closest by strategy & exposureWhat's next?
You've looked at AVMU. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04