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Dividend Vision

APMU — ActivePassive Intermediate Municipal Bond ETF

ActivePassive Intermediate Municipal Bond ETF (APMU)

APMU pays a 2.93% distribution rate, monthly, on a 0.35% expense ratio. Its Distribution Safety Score™ is 99 (Safe), giving a Safety-Adjusted Yield of 2.90%. Distributions grew 3.6% over the past year. Total return is 6.9% over the past 3.3 years, 91.3 points behind SPY at 98.2%. Its deepest 1-year drawdown was 2.4%.

This ETF blends active and passive investment strategies to track the Bloomberg Municipal 1-10 Year Blend Index, investing primarily in investment-grade U.S. municipal bonds exempt from federal income tax. It carries a modest current distribution rate with monthly distributions and a low expense ratio of 0.35%. The fund appeals to income investors seeking tax-advantaged municipal bond exposure with a balanced management approach.

APMU key facts

Distribution Safety Score™
99 · Safe
Safety-Adjusted Yield
2.90%
Issuer
iMGP
Asset type
ETF
Asset class
Fixed Income
Inception date
05/02/2023
Expense ratio
0.35%
Distribution rate
2.93%
Distribution frequency
Monthly
Trailing yield
2.72%
Last close
$24.81
AUM
$245,944,108
Average volume
88300.0
Last dividend
$0.0606
Ex-dividend date
08/03/2026
Payment date
08/04/2026
Beta
0.6