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ActivePassive Intermediate Mcpl Bd ETF APMU

Morningstar Medalist Rating
Medalist Rating as of | See Active Passive Investment Hub

Morningstar’s Analysis APMU

Will APMU outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable APMU’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the APMU management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of APMU’s parent organization’s priorities and whether they’re in line with investors’ interests.

ActivePassive Intermediate Mcpl Bd ETF's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings APMU

More APMU Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares National Muni Bond ETF

26.03 33.5 Mil
—

First American Government Obligs X

6.65 8.6 Mil
Cash and Equivalents

SNOHOMISH CNTY WASH HSG AUTH REV 4%

1.44 1.9 Mil
municipal

GRANT CNTY WASH PUB UTIL DIST NO 002 ELEC REV 4%

1.21 1.6 Mil
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.12 1.4 Mil
municipal

MAINE MUN BD BK 5%

1.05 1.4 Mil
municipal

UNIVERSITY TEX UNIV REVS 5%

0.90 1.2 Mil
municipal

OREGON ST 5%

0.87 1.1 Mil
municipal

OKLAHOMA ST CAPITOL IMPT AUTH ST FACS REV 5%

0.85 1.1 Mil
municipal

HOUSTON TEX UTIL SYS REV 5%

0.81 1.0 Mil
municipal