Frequently Asked Questions About AMUN

What are the top holdings of AMUN?

A machine-readable holdings disclosure for abrdn Ultra Short Municipal Income Active ETF (AMUN) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does AMUN invest in?

abrdn Ultra Short Municipal Income Active ETF (AMUN) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is AMUN most exposed to?

AMUN's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is AMUN a US-only fund?

The country allocation card on this page shows AMUN's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

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.

AMUN

abrdn Ultra Short Municipal Income Active ETF

NASDAQ·Asset Management · Financial Services

$26.06$0.02+0.06%

Market closed·Oct 30 4:00 PM EDT

Portfolio as of July 31, 2026, from the fund's SEC Form N-PORT filing. Funds disclose holdings quarterly, with a ~60-day publication delay. Sector breakdowns aren't part of this filing, so none is shown.

Top Holdings

holdings

575896RR8
MASSACHUSETTS ST PORT AUTH
4.70%
880443BT2
TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE
4.14%
46640KYU2
JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES
4.13%
230589AB9
CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS
3.81%
158862CB6
CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE
3.79%
650367TX3
NEWARK NJ
3.77%
478232SD4
JOHNSON CITY NY
3.77%
34074EAF6
FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY
3.76%
88035TZV5
TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES
3.76%
7386297S7
POUGHKEEPSIE CITY NY
3.75%
Other
55 more holdings
60.26%

Top 10 holdings

39.39%

Top 25 holdings

72.06%

Concentration index

0.0257

Effective holdings

Chart tools

Open Top Holdings in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

All Holdings (65)

#	TickerHolding	Name	Weight	Shares	Market Value
1	575896RR8575896RR8MASSACHUSETTS ST PORT AUTH	MASSACHUSETTS ST PORT AUTH	4.70%	2.50M	$2.50M
2	880443BT2880443BT2TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE	TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE	4.14%	2.20M	$2.20M
3	46640KYU246640KYU2JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES	JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES	4.13%	2.20M	$2.20M
4	230589AB9230589AB9CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS	CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS	3.81%	2.03M	$2.03M
5	158862CB6158862CB6CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE	CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE	3.79%	2.00M	$2.02M
6	650367TX3650367TX3NEWARK NJ	NEWARK NJ	3.77%	2.00M	$2.01M
7	478232SD4478232SD4JOHNSON CITY NY	JOHNSON CITY NY	3.77%	2.00M	$2.00M
8	34074EAF634074EAF6FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY	FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY	3.76%	2.00M	$2.00M
9	88035TZV588035TZV5TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES	TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES	3.76%	2.00M	$2.00M
10	7386297S77386297S7POUGHKEEPSIE CITY NY	POUGHKEEPSIE CITY NY	3.75%	2.00M	$2.00M
11	605279GX0605279GX0MISSISSIPPI ST BUSINESS FIN CORP	MISSISSIPPI ST BUSINESS FIN CORP	3.08%	1.64M	$1.64M
12	576051PN0576051PN0MASSACHUSETTS ST WTR RESOURCES AUTH	MASSACHUSETTS ST WTR RESOURCES AUTH	2.82%	1.50M	$1.50M
13	414008CX8414008CX8HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE	HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE	2.77%	1.48M	$1.48M
14	70556CAB070556CAB0PEFA INC IA GAS PROJ REVENUE	PEFA INC IA GAS PROJ REVENUE	2.35%	1.25M	$1.25M
15	06964KAB206964KAB2BARTOW CNTY GA DEV AUTH SOLID WASTE DISP FAC REVENUE	BARTOW CNTY GA DEV AUTH SOLID WASTE DISP FAC REVENUE	2.26%	1.20M	$1.20M
16	20774YV5320774YV53CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV	CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV	2.13%	1.14M	$1.14M
17	119677SB9119677SB9BUFFALO NY	BUFFALO NY	2.08%	1.10M	$1.11M
18	677525WV5677525WV5OHIO ST AIR QUALITY DEV AUTH	OHIO ST AIR QUALITY DEV AUTH	1.97%	1.04M	$1.05M
19	56035DBG656035DBG6MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE	MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE	1.90%	1.00M	$1.01M
20	442349DJ2442349DJ2HOUSTON TX ARPT SYS REVENUE	HOUSTON TX ARPT SYS REVENUE	1.90%	1.00M	$1.01M

Showing 20 of 65

Sectors

The fund issuer's factsheet may carry this breakdown directly.

Countries

Domicile

United States · 99.65%

Asset Classes

Primary asset class

Fixed income

Strategy

Actively Managed

Income strategy

Bond yield

Issuer-reported asset class: Fixed Income

Frequently Asked Questions About AMUN

What are the top holdings of AMUN?: A machine-readable holdings disclosure for abrdn Ultra Short Municipal Income Active ETF (AMUN) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
What sectors does AMUN invest in?: abrdn Ultra Short Municipal Income Active ETF (AMUN) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is AMUN most exposed to?: AMUN's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is AMUN a US-only fund?: The country allocation card on this page shows AMUN's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
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.

TickerHolding

Name

Weight

Market Value

575896RR8575896RR8MASSACHUSETTS ST PORT AUTH

MASSACHUSETTS ST PORT AUTH

4.70%

2.50M

$2.50M

880443BT2880443BT2TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE

TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE

4.14%

2.20M

$2.20M

46640KYU246640KYU2JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES

JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES

4.13%

2.20M

$2.20M

230589AB9230589AB9CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS

CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS

3.81%

2.03M

$2.03M

158862CB6158862CB6CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE

CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE

3.79%

2.00M

$2.02M

650367TX3650367TX3NEWARK NJ

NEWARK NJ

3.77%

2.00M

$2.01M

478232SD4478232SD4JOHNSON CITY NY

JOHNSON CITY NY

3.77%

2.00M

$2.00M

34074EAF634074EAF6FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY

FLORIDA INSURANCE ASSISTANCE INTERLOCAL AGY

3.76%

2.00M

$2.00M

88035TZV588035TZV5TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES

TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES

3.76%

2.00M

$2.00M

7386297S77386297S7POUGHKEEPSIE CITY NY

POUGHKEEPSIE CITY NY

3.75%

2.00M

$2.00M

605279GX0605279GX0MISSISSIPPI ST BUSINESS FIN CORP

MISSISSIPPI ST BUSINESS FIN CORP

3.08%

1.64M

$1.64M

576051PN0576051PN0MASSACHUSETTS ST WTR RESOURCES AUTH

MASSACHUSETTS ST WTR RESOURCES AUTH

2.82%

1.50M

$1.50M

414008CX8414008CX8HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE

HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE

2.77%

1.48M

$1.48M

70556CAB070556CAB0PEFA INC IA GAS PROJ REVENUE

PEFA INC IA GAS PROJ REVENUE

2.35%

1.25M

$1.25M

06964KAB206964KAB2BARTOW CNTY GA DEV AUTH SOLID WASTE DISP FAC REVENUE

BARTOW CNTY GA DEV AUTH SOLID WASTE DISP FAC REVENUE

2.26%

1.20M

$1.20M

20774YV5320774YV53CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV

CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV

2.13%

1.14M

$1.14M

119677SB9119677SB9BUFFALO NY

BUFFALO NY

2.08%

1.10M

$1.11M

677525WV5677525WV5OHIO ST AIR QUALITY DEV AUTH

OHIO ST AIR QUALITY DEV AUTH

1.97%

1.04M

$1.05M

56035DBG656035DBG6MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE

MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE

1.90%

1.00M

$1.01M

442349DJ2442349DJ2HOUSTON TX ARPT SYS REVENUE

HOUSTON TX ARPT SYS REVENUE

1.90%

1.00M

$1.01M