ZMUNF/m Ultrashort Tax Free Municipal ETF

Get incomeNewRanked #1,126 of 1,622 in this goal

Seeks investment results that correspond to the price and yield performance of the Bloomberg Municipal Bond Currently Callable Index.

By F/m Investments LLC · Launched 2025

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$27M

#4,141 of 5,562 · small

Dividend YieldGoal

—

Track Record

9 months

#4,797 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,248+2.5%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Bloomberg Municipal Bond Currently Callable Index

What it actually holds

By weight

Concentration

Top 10 holdings = 38.1% of fund✓ well diversified

ILLINOIS ST

5.5%

LOS ANGELES CNTY CA PUBLIC WKS

4.6%

SAN JOSE CA EVERGREEN CMNTY CL

4.5%

HOUSTON TX UTILITY SYS REVENUE

4.5%

MICHIGAN ST FIN AUTH REVENUE

3.6%

NORTH CAROLINA ST MUNI PWR AGY

3.5%

NEW JERSEY ST EDUCTNL FACS AUT

3.4%

WAYNE CNTY MI ARPT AUTH REVENU

3.0%

CALIFORNIA ST HLTH FACS FING A

2.8%

ADAMS & WELD CNTYS CO SCH DIST

2.7%

Asset allocation

Bonds

94.8%

Cash

3.8%

Other

1.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-0.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.6 years

Avg maturity

10.0 years

Credit ratings

AAA

18.0%

58.7%

23.3%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks investment results that correspond to the price and yield performance of the Bloomberg Municipal Bond Currently Callable Index.
Strategy: Invests primarily in U.S. municipal investment grade bonds that are callable or callable within 3 months, using a representative sampling indexing strategy to track the Bloomberg Municipal Bond Currently Callable Index.
Inception date: September 29, 2025
Fund family: F/m Investments LLC