# abrdn Ultra Short Municipal Income Active ETF (AMUN): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/amun for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Aberdeen Investments · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 1986-03-17 AMUN seeks high after-tax income by investing primarily in investment-grade, tax-exempt municipal securities. The fund maintains an ultra-short duration profile, typically two years or less, to help reduce interest rate sensitivity. The portfolio may include various types of municipal obligations such as general obligation and revenue bonds, variable- and floating-rate issues, and tender option bonds. Up to 20% of assets may be allocated to below-investment-grade securities, while the fund may also invest in taxable fixed income if market conditions warrant it. The adviser uses sector alloc... ## Key Facts | Metric | Value | |---|---| | Price | $26.05 | | Expense Ratio | 0.74% | | Assets Under Management | $61.0M | | NAV | $26.04 | | Holdings Count | 0 | | Distribution Yield (TTM) | 2.87% | | Annual Distribution (TTM) | $0.75 /share | | Distribution Frequency | Monthly | | 52-Week Range | $25.80 – $26.30 | | Beta | 0.82 | ## Latest Distribution - Amount: $0.0671 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-02 ## Frequently Asked Questions ### What does AMUN invest in? AMUN seeks high after-tax income by investing primarily in investment-grade, tax-exempt municipal securities. The fund maintains an ultra-short duration profile, typically two years or less, to help reduce interest rate sensitivity. The portfolio may include various types of municipal obligations such as general obligation and revenue bonds, variable- and floating-rate issues, and tender option bonds. Up to 20% of assets may be allocated to below-investment-grade securities, while the fund may also invest in taxable fixed income if market conditions warrant it. The adviser uses sector allocation, credit analysis, and duration management to evaluate opportunities and balance income potential with risk. ESG factors may be considered as part of the research process. The ETF launched through a mutual fund conversion. The abrdn Intermediate Municipal Income Fund converted to AMUN with $29.9 million in assets. ### What is the expense ratio of AMUN? abrdn Ultra Short Municipal Income Active ETF (AMUN) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations. ### What is AMUN's dividend yield? AMUN's trailing-twelve-month yield is 2.87%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of AMUN? Effective duration measures AMUN's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AMUN's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of AMUN? AMUN's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of AMUN? Yield to maturity (YTM) is the total return you'd earn from AMUN if every bond in the portfolio is held to maturity at the current price. AMUN's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does AMUN pay a dividend? Yes, abrdn Ultra Short Municipal Income Active ETF (AMUN) distributes dividends to shareholders. The trailing-twelve-month yield is 2.87%. Full dividend history is on this page. ### How often does AMUN pay dividends? abrdn Ultra Short Municipal Income Active ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is AMUN's next ex-dividend date? The most recently announced ex-dividend date for AMUN was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will AMUN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.74% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does AMUN charge its expense ratio? The expense ratio is deducted in tiny daily slices from AMUN's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does AMUN cost more than a fund like VOO? AMUN is actively managed (current expense ratio 0.74%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether AMUN's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AMUN? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as AMUN (0.74%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/amun - Distribution history: https://www.dividenddata.com/funds/amun/dividend - Holdings & diversification: https://www.dividenddata.com/funds/amun/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/amun/expenses - Peer comparison: https://www.dividenddata.com/funds/amun/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.