APCB ETF — ActivePassive Core Bond ETF

ActivePassive Core Bond ETF (APCB)

Updated October 2, 2026.

APCB is an ETF. its distribution rate is 1.09%, its trailing-12-month yield is 4.28%, its expense ratio is 0.36%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 7.1% over the past 3.4 years, 89.9 points behind SPY at 97.0%.

At the current 1.09% distribution rate, a $10,000 investment would generate approximately $109 per year, or $9.08 per month.

ActivePassive Core Bond ETF is an actively-managed fund that blends active and passive investment strategies to track the Bloomberg U.S. Aggregate Bond Index while seeking to optimize costs and returns. The fund invests at least 80% of assets in investment-grade bonds and fixed income securities, with up to 20% in high-yield debt securities. It carries a current distribution rate in the mid-range, distributes monthly, and has an expense ratio of 0.36%, making it suitable for income-focused fixed income investors seeking a diversified bond portfolio with both active management and index discipline.

APCB performance versus SPY

Price and return data through 2026-10-02.

Total return is 7.1% over the past 3.4 years, 89.9 points behind SPY at 97.0%. Over the past year its total return — price change plus distributions reinvested — is -2.1%. Its deepest 1-year drawdown was 4.5%.

APCB key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

1.04%

Issuer

iMGP

Asset type

ETF

Asset class

Fixed Income

Inception date

05/02/2023

Expense ratio

0.36%

Distribution rate

1.09%

Distribution frequency

Monthly

Trailing yield

4.28%

Last close

$28.11 (as of 2026-10-02)

AUM

$987,366,880

Average volume

48100.0

Last dividend

$0.02551

Last ex-dividend date

10/01/2026

Last payment date

10/02/2026 (as of 2026-10-02)

Beta

0.89

How Dividend Vision calculates yield and returns

Distribution rate (1.09%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.28%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iMGP; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

APCB risks and drawbacks

APCB's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 4.5%.

Who may consider APCB — and who may not

APCB may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from iMGP.