Key stats
About Avantis Core Municipal Fixed Income ETF
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Inception date
Dec 8, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
American Century Investment Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US0250726959
AVMU seeks current income that is exempt from federal income taxes through investment-grade municipal bonds. The fund uses an analytical framework that assesses expected income and capital appreciation with high expected returns. Securities are categorized into component groups based on factors such as industry sector, credit rating, duration, country, and currency. Each component groups expected return is then calculated, while considering valuation metrics such as yield, duration, and option-adjusted spreads. The portfolio is finally adjusted to arrive at position weightings for each component group with the goal of enhanced expected return in mind. As an actively managed fund, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.68%
Cash0.32%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
AVMU last dividends amounted to 0.13 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 14.68% decrease.
AVMU assets under management is 151.48 M USD. It's risen 3.16% over the last month.
AVMU fund flows account for 9.36 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, AVMU pays dividends to its holders with the dividend yield of 3.50%. The last dividend (Sep 4, 2025) amounted to 0.13 USD. The dividends are paid monthly.
AVMU shares are issued by American Century Cos., Inc. under the brand Avantis. The ETF was launched on Dec 8, 2020, and its management style is Active.
AVMU expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
AVMU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
AVMU invests in bonds.
AVMU price has risen by 2.84% over the last month, and its yearly performance shows a −2.31% decrease. See more dynamics on AVMU price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.82% increase in three-month performance and has increased by 1.56% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.82% increase in three-month performance and has increased by 1.56% in a year.
AVMU trades at a premium (0.51%) meaning the ETF is trading at a higher price than the calculated NAV.