Avantis Core Municipal Fixed Income ETF (AVMU)
| Assets | $133.18M |
| Expense Ratio | 0.15% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $1.17 |
| Dividend Yield | 2.50% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | +2.50% |
| Volume | 8,650 |
| Open | 46.93 |
| Previous Close | 46.81 |
| Day's Range | 46.88 - 46.94 |
| 52-Week Low | 43.52 |
| 52-Week High | 47.04 |
| Beta | n/a |
| Holdings | 792 |
| Inception Date | Dec 8, 2020 |
About AVMU
Fund Home PageThe Avantis Core Municipal Fixed Income ETF (AVMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in investment-grade US municipal securities. AVMU was launched on Dec 8, 2020 and is issued by American Century Investments.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $0.1085 | Dec 21, 2023 |
| Dec 1, 2023 | $0.1006 | Dec 6, 2023 |
| Nov 1, 2023 | $0.1065 | Nov 6, 2023 |
| Oct 2, 2023 | $0.0967 | Oct 5, 2023 |
| Sep 1, 2023 | $0.0992 | Sep 7, 2023 |
| Aug 1, 2023 | $0.0908 | Aug 4, 2023 |
News
Rise in Muni Bond Issuance in 2024 Throws Spotlight on 2 ETFs
The anticipation of lower interest rates in the new year could bring a flash flood of new municipal bond issuance, according to Bond Buyer. If yields continue to fall and bond prices rise, it might be...
It's an Ideal Time for Muni Bond Exposure With These ETFs
History tends to repeat itself and if that's the case in the current economic environment, then investors may want to side with muni bonds. American Century offers a pair of attractive, low-cost excha...
Fixed Income ETFs Have Many Uses
Fixed income ETFs continue to gain in popularity, but not all investors are taking the same approach. For all of them, though, it is important to think about what advantages ETFs offer to client portf...
Credit Backdrop Adds to Muni ETF Appeal Amid Bank Drama
As though rising rate volatility and recession fears weren't concerning enough for investors, the last week's bank run drama and instability has all eyes on the risk of contagion to the broader econom...
Assess AVMU as Muni Bonds Rebound
Count municipal bonds among the fixed income assets that are rebounding in the early stages of 2023. Fortunately for advisors and investors, municipal bonds' gains to start this year are modest and yi...
Upping a Core Muni Bond Allocation for 2023? Try AVMU
Fixed income is back, with the Fed's interest rate hikes stabilizing in a range that offers bonds at appealing yields not seen in years.
Buy Into Active Core Bond ETFs as Yields Soar
Bond yields have skyrocketed this week after the Federal Reserve announced its third consecutive rate hike of 0.75%. Treasury rates hit their highest levels in more than a decade on Friday morning, wi...
Here's an Active Municipal Bond ETF Option to Consider
Municipal bonds could be falling back into favor for investors amid the volatility not only seen in the stock market, but also the bond market. One way to get exposure is via actively managed exchange...
Bonds, Especially Muni Bonds, Are Making a Comeback
Fixed income served as a strong diversifier in times of equity drawdowns over the past two decades — see the dot-com bubble and burst of the early 2000s and the global financial crisis of 2008.
Check Out This Muni Fund as Yields Are Up
With municipal yields on the rise, munis are starting to become attractive again. Research from Raymond James showed that yields for munis “saw sharp increases” last week, “with the entire AAA curve f...
Bargains to Be Had in Muni Land
Rising interest rates are plaguing various corners of the fixed income market and municipal bonds aren't immune from that ominous trend. However, there might be a silver lining for muni investors and ...
Municipal Bonds Are Looking Interesting
Rising interest rates hampered municipal bonds in the first quarter, but a lethargic start to 2022 for those high-quality bonds could bring a buying opportunity with this beloved income-generating ass...
Public Pension Health Augurs Well for Muni Bond ETFs
A lengthy run of a bull market for equities and low interest rates helped shore up public pensions, and that's good news municipal bonds and the related exchange trade funds. The news gets even better...
Low-Duration Intermediate Fixed Income Serves as Attractive Diversifier
It's been a tough time for bonds. Fixed income markets were challenged in 2021, and with the Fed indicating that it could raise rates as many as three times this year, it looks as though 2022 won't be...
Hidden Income Your Munis Are Missing: An Expert Perspective
Municipal bonds (munis) have been a linchpin for advisors building effective, tax-efficient portfolios for their clients in this lower-for-longer yield environment. However, with a Fed taper almost a ...
Will Municipal Bond ETFs Shatter Records in 2021?
Fixed income investors are looking into municipal bonds and their related exchange traded funds this year. Investment interest for the munis market has increased this year as rising taxes, the search ...
Bond Investors Can Turn to Muni ETFs for Steady Yields at Lower Tax Rates
Fixed income exchange traded fund investors seeking steady yields and lower tax rates can turn to municipal bond strategies. According to Municipal Market Analytics, investors have already funneled a ...
Avantis Investors Launches First Municipal Bond ETF, ‘AVMU'
On Thursday, following the launch of its first two fixed income ETFs in October, Avantis Investors, a $2.5 billion investment brand from global asset manager American Century Investments, announced th...
Avantis Tackles Muni ETF Space
The actively managed ETF invests in investment-grade municipal bonds.