AVMU icon

Avantis Core Municipal Fixed Income ETF

45.97 USD
-0.02
0.04%
Updated Dec 26, 11:56 AM EST
1 day
-0.04%
5 days
0.22%
1 month
-1.67%
3 months
-1.86%
6 months
-0.45%
Year to date
-1.84%
1 year
-1.79%
5 years
-8.32%
10 years
-8.32%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

18% more funds holding

Funds holding: 33 [Q2] → 39 (+6) [Q3]

6% more capital invested

Capital invested by funds: $99.1M [Q2] → $105M (+$6M) [Q3]

39.04% less ownership

Funds ownership: 111.28% [Q2] → 72.24% (-39.04%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for AVMU.

Financial journalist opinion

Neutral
Seeking Alpha
4 months ago
Municipal Fixed Income: Shelter From The Storm?
Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer issuance is likely the result of deals getting pulled forward, as issuers may be cautious about coming to market later in the fall ahead of what is likely to be an uncertain U.S. political climate. While municipal credit quality has already peaked, it is entering this period of moderating economic growth from a position of strength.
Municipal Fixed Income: Shelter From The Storm?
Positive
ETF Trends
10 months ago
Take Advantage of These Muni ETFs Before Fed Cuts Rates
The Federal Reserve standing pat on interest rates for the time being leaves the window open for fixed income investors to take advantage of current yields. That also includes muni bond exposure, but investors may want to take advantage before that proverbial window shuts.
Positive
Seeking Alpha
11 months ago
Q4 Report: Tax-Exempt Bond Funds Hit Second Highest Quarterly Return As Fixed Income Rebounds From Q3 Loss
Q4 Report: Tax-Exempt Bond Funds Hit Second Highest Quarterly Return As Fixed Income Rebounds From Q3 Loss
Positive
ETF Trends
1 year ago
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 an opportune time to get muni bond exposure via two ETFs from American Century.
Positive
ETF Trends
1 year ago
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 exchange traded fund options that allow for this exposure.
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