What is AVMU?

AVMU is actively managed to invest in investment-grade US municipal securities.

PERFORMANCE [as of 12/07/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AVMU 5.28% 2.17% -6.58% -6.43% -- -- --
AVMU (NAV) 5.00% 2.08% -6.89% -6.78% -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Municipal Bond Index 5.10% 1.54% -8.03% -7.96% -0.50% 1.30% 2.05%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AVMU Factset Analytics Insight

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 group’s 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.

AVMU Summary Data

12/08/20
0.15%
$48.28M
No Underlying Index
Bloomberg Barclays Municipal Bond Index
Open-Ended Fund

Peers

Bloomberg Barclays Municipal Bond Index

Fund Flows

+$0.00B 5 Days
+$0.01B 30 Days
+$0.02B 90 Days

AVMU Portfolio Data

5.89
--
4.22%
N/A
--

AVMU Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Municipal Bond Index

AVMU Portfolio Management

0.15%
--
--
--

AVMU Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

AVMU Fund Structure

Open-Ended Fund
No
N/A
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 12/08/22

This measurement shows how easy it is to trade a $1 million USD block of AVMU. AVMU is rated a N/A out of 5.

AVMU Tradability

10,361
$466.84K
3,837
$169.02K
0.11%
$0.05
0.06%
0.44% / -0.33%
None
100.00%
50,000
0.08
0.01%
--
0
$46.04
N/A

AVMU Sector/Industry Breakdown

AVMU Segment
Benchmark
84.05% --
6.32% --
5.11% --
2.64% --
1.75% --
0.14% --

AVMU Top 10 Holdings

1.42%
1.40%
1.16%
1.08%
1.05%
1.03%
1.02%
0.98%
0.98%
0.86%
10.99%

AVMU Performance Statistics

0.91
0.90
--
--
--

AVMU Top 5 Countries

AVMU Segment
Benchmark
100.00% --

AVMU Top 5 Currencies

AVMU Segment
Benchmark
100.00% --

AVMU Avg Life Maturity Distribution

1.88%
7.15%
11.64%
17.73%
8.15%
7.31%
18.28%
25.93%
1.92%

AVMU OAS Breakdown

97.45%
2.55%
--
--
--
--
--
--
--
--
--

AVMU Holdings Statistics

9.39 years
5.89
4.22%
5.98
--
--
0.19%