ActivePassive Intermediate Municipal Bond ETF APMU
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.35%
- Net assets
- $231.6M
- Holdings
- 1,271
- 12-month distribution yield
- 2.57%
- Asset class
- Fixed income
ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund listed on NYSE Arca in the United States. Its category is Fixed income · US (fixed income). Its last price was US$24.31 on 20 Oct 2026. Its expense ratio is 0.35% a year, from its prospectus dated 29 Dec 2025. It reported net assets of US$231.58 million as of 31 May 2026. Its latest holdings report lists 1,271 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$0.63 a unit, a 12-month distribution yield of 2.57%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.35%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.35%
- Prospectus date
- 29 Dec 2025
- Filed with the SEC
- 18 Dec 2025
Size and reporting
- Net assets
- $231,584,870
- Total assets
- $244,685,794
- Holdings as of
- 31 May 2026
- Report made public
- 28 Jul 2026 (58 days after the month end)
Top holdings
Largest 25 of 1,271 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | iShares National Muni Bond ETF | US4642884146 | 3.53% | $8.2M | Equity (common) | United States | USD |
| 2 | Mount Vernon Liquid Assets Portfolio, LLC | No identifier reported | 3.39% | $7.8M | Short-term investment vehicles (cash funds) | United States | USD |
| 3 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 2.86% | $6.6M | Short-term investment vehicles (cash funds) | United States | USD |
| 4 | MET TRANSPRTN AUTH NY REVENUE Metropolitan Transportation Authority | US59261A5U73 | 0.95% | $2.2M | Debt | United States | USD |
| 5 | TEXAS ST TRANSPRTN COMMISSION Central Texas Turnpike System | US88283KBY38 | 0.93% | $2.2M | Debt | United States | USD |
| 6 | NEW YORK ST DORM AUTH ST PERSO New York State Dormitory Authority | US64990KHM80 | 0.86% | $2.0M | Debt | United States | USD |
| 7 | SNOHOMISH CNTY WA HSG AUTH Snohomish County Housing Authority | US83309AGJ43 | 0.85% | $2.0M | Debt | United States | USD |
| 8 | ILLINOIS ST State of Illinois | US452153QL62 | 0.85% | $2.0M | Debt | United States | USD |
| 9 | NEW JERSEY ST TRANSPRTN TRUST New Jersey Transportation Trust Fund Authority | US64613CEM64 | 0.84% | $2.0M | Debt | United States | USD |
| 10 | GREAT LAKES MI WTR AUTH SEWAGE Great Lakes Water Authority Sewage Disposal System Revenue | US39081HGQ92 | 0.83% | $1.9M | Debt | United States | USD |
| 11 | TEXAS ST UNIV SYS FING REVENUE Texas State University System | US88278PP243 | 0.73% | $1.7M | Debt | United States | USD |
| 12 | CALIFORNIA ST State of California | US13063EKL91 | 0.72% | $1.7M | Debt | United States | USD |
| 13 | MESA AZ UTILITY SYS REVENUE City of Mesa AZ Utility System Revenue | US5905453T44 | 0.71% | $1.6M | Debt | United States | USD |
| 14 | VOLUSIA CNTY FL EDUCTNL FAC AU Volusia County Educational Facility Authority | US928836PP48 | 0.70% | $1.6M | Debt | United States | USD |
| 15 | SAN ANTONIO TX ELEC & GAS REVE City of San Antonio TX Electric & Gas Systems Revenue | US79625GDY61 | 0.65% | $1.5M | Debt | United States | USD |
| 16 | PENNSYLVANIA ST Commonwealth of Pennsylvania | US70914P2F80 | 0.65% | $1.5M | Debt | United States | USD |
| 17 | PENNSYLVANIA ST TURNPIKE COMMI Pennsylvania Turnpike Commission | US709225UD63 | 0.62% | $1.4M | Debt | United States | USD |
| 18 | KENTUCKY ST PROPERTY & BLDGS C Kentucky State Property & Building Commission | US49151F5T30 | 0.61% | $1.4M | Debt | United States | USD |
| 19 | CAPITAL TRUST AUTH FL HLTH CAR Capital Trust Authority | US14055GAA76 | 0.61% | $1.4M | Debt | United States | USD |
| 20 | NEW YORK NY City of New York NY | US64966SKJ41 | 0.61% | $1.4M | Debt | United States | USD |
| 21 | OHIO ST ADULT CORRECTIONAL CAP State of Ohio | US677524DQ09 | 0.60% | $1.4M | Debt | United States | USD |
| 22 | ILLINOIS ST SALES TAX REVENUE State of Illinois Sales Tax Revenue | US452227VC27 | 0.59% | $1.4M | Debt | United States | USD |
| 23 | LOS ANGELES CA DEPT OF WTR & P Los Angeles Department of Water & Power | US544532PZ14 | 0.59% | $1.4M | Debt | United States | USD |
| 24 | CONNECTICUT ST SPL TAX OBLIG R State of Connecticut Special Tax Revenue | US207758U272 | 0.59% | $1.4M | Debt | United States | USD |
| 25 | PENNSYLVANIA ST TURNPIKE COMMI Pennsylvania Turnpike Commission Registration Fee Revenue | US709222DU41 | 0.59% | $1.4M | Debt | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 94.68% | |
| Short-term investment vehicles (cash funds) | 6.25% | |
| Equity (common) | 3.53% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 104.47% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 104.47% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $0.6250
- 12-month yield
- 2.57%
- Frequency
- Monthly
- Latest ex-date
- 1 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($0.6250) ÷ latest price ($24.31) × 100 = 2.57%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (39 payments)
| Ex-date | Amount per unit |
|---|---|
| 1 Oct 2026 | $0.0320 |
| 1 Sep 2026 | $0.0260 |
| 3 Aug 2026 | $0.0610 |
| 1 Jul 2026 | $0.0600 |
| 1 Jun 2026 | $0.0570 |
| 1 May 2026 | $0.0550 |
| 1 Apr 2026 | $0.0690 |
| 2 Mar 2026 | $0.0510 |
| 2 Feb 2026 | $0.0390 |
| 23 Dec 2025 | $0.0700 |
| 28 Nov 2025 | $0.0470 |
| 3 Nov 2025 | $0.0580 |
| 1 Oct 2025 | $0.0570 |
| 2 Sep 2025 | $0.0520 |
| 1 Aug 2025 | $0.0560 |
| 1 Jul 2025 | $0.0540 |
| 2 Jun 2025 | $0.0530 |
| 1 May 2025 | $0.0530 |
| 1 Apr 2025 | $0.0610 |
| 3 Mar 2025 | $0.0480 |
| 3 Feb 2025 | $0.0500 |
| 23 Dec 2024 | $0.0600 |
| 2 Dec 2024 | $0.0480 |
| 1 Nov 2024 | $0.0540 |
| 1 Oct 2024 | $0.0520 |
| 3 Sep 2024 | $0.0550 |
| 1 Aug 2024 | $0.0570 |
| 1 Jul 2024 | $0.0490 |
| 3 Jun 2024 | $0.0540 |
| 1 May 2024 | $0.0330 |
| 2 Apr 2024 | $0.0530 |
| 1 Mar 2024 | $0.0440 |
| 1 Feb 2024 | $0.0390 |
| 1 Dec 2023 | $0.0430 |
| 1 Nov 2023 | $0.0480 |
| 2 Oct 2023 | $0.0410 |
| 1 Sep 2023 | $0.0430 |
| 1 Aug 2023 | $0.0460 |
| 3 Jul 2023 | $0.0770 |
Filings and sources
- Form N-PORT report for May 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000075231) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- APMU and BND Vanguard Total Bond Market ETF
- APMU and AGG iShares Core U.S. Aggregate Bond ETF
- APMU and VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- APMU and BSV Vanguard Short-Term Bond ETF