Get your free ETF data sample from our comprehensive offerings. Start your free trial→
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
APMU ETF · ActivePassive Intermediate Municipal Bond ETF
The APMU Exchange Traded Fund (ETF) is provided by Envestnet Asset Management. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.-0.58%
Last price
$25.14
1M perf.
-0.92%
1M flows
+€3.3M
AuM
€191M
E/R
0.35%
Rating
Not rated
ESG Consensus®
APMU
$25.14
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
Create a free account to view the flows graph
APMU
$25.11
+0.75%
Municipal Bonds
+0.89%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -0.92%  | +0.75% | +4.26%  | N/A | N/A | -1.16% | +0.48% | +0.48% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/12/2026
$25.10
1D NAV change
-0.22%
Dividend policy
No. of holdings
6980
Inception date
5/3/2023
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Investment strategy
The investment objective of the ActivePassive Intermediate Municipal Bond ETF (“Intermediate Municipal Bond ETF” or the “Fund”) is to provide current income that is exempt from federal income taxes consistent with low volatility of principal.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.75% | +4.26% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
71.48%
Unavailable
28.52%
Sectors
Municipal
29.52%
Unavailable
70.48%
Diversification
Total weight of top 15 holdings out of 6980
Top 15 holdings
Data as of January 31, 2026
US59261A5U73
US64990KHM80
US39081HGQ92
Commonwealth Financing Authority, 5% 1sep2032, USD (2023)
US79625GDY61
US64966SKJ41
US452227VC27
US56045R7R47
Create a free account to view top holdings
US45204FWY77
US574193WL83
US13063ELV64
US13013JFW18
US54811BP704
US45204FWV39
US679088MU55
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Envestnet Asset Management
Envestnet Asset Management ID Card
Number of funds
4
Total AuM
€3.72B
Expense ratio range
0.31% - 0.45%
Average expense ratio
0.3675%
Top 4 funds by Envestnet Asset Management
| AuM | ||
|---|---|---|
APUE | ActivePassive U.S. Equity ETF | €1.91B |
APIE | ActivePassive International Equity ETF | €828M |
APCB | ActivePassive Core Bond ETF | €789M |
APMU | ActivePassive Intermediate Municipal Bond ETF | €191M |
Frequently asked questions about APMU
What does ActivePassive Intermediate Municipal Bond ETF, APMU, invest in?
APMU is a Active ETF. This ETF provides exposure to US Investment Grade Municipal Bonds.
What is the Total Expense ratio (TER) of APMU?
APMU carries a total expense ratio (TER) of 0.35%, indicating the annual cost for holding the fund.
When was APMU launched?
APMU was introduced to the market on May 3, 2023. It trades on United States
Who is the ETF issuer of APMU?
ActivePassive Intermediate Municipal Bond ETF, APMU, is provided by Envestnet Asset Management. Learn more about Envestnet Asset Management here.
What is the current assets under management (AUM) of APMU?
APMU oversees €191M in assets as of March 12, 2026.
How has APMU performed lately?
Based on data from March 12, 2026, APMU returned -0.92% over the past month, 0.75% over the last three months and 0.48% year-to-date.
What are the latest inflows or outflows for APMU?
As of March 12, 2026, APMU recorded net flows of +€3.2M over the last month and +€13M year-to-date.
Does APMU distribute dividends?
APMU follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 2.60%.
What are the main country or region exposures of APMU?
As of January 31, 2026, APMU has significant geographic allocations in USA.
In which sector or theme does APMU invest in?
As of January 31, 2026, APMU focuses largely on Municipal.
How many securities does APMU hold and how diversified is it?
As of January 31, 2026, APMU holds 6980 positions in its portfolio, with 10.28% of assets concentrated in its top 15 holdings.
What are the main positions in APMU?
As of January 31, 2026, APMU top three holdings include US59261A5U73, US64990KHM80 and US39081HGQ92.
What is the base currency of APMU?
The base currency of APMU is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
