# Avantis Core Municipal Fixed Income ETF (AVMU): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/avmu for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Avantis · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2020-12-08 This fund primarily invests in a diverse selection of high-quality municipal bonds. While designed to offer indexing advantages like broad diversification, controlled portfolio adjustments, and clear exposure, it also employs active management. This strategic approach aims to generate added value by making investment decisions based on current yield opportunities. The ETF benefits from optimized portfolio management and trading operations, structured to enhance returns while diligently minimizing unneeded risks and trading expenses. It is crafted to integrate smoothly into an investor's bro... ## Key Facts | Metric | Value | |---|---| | Price | $44.18 | | Expense Ratio | 0.15% | | Assets Under Management | $171.2M | | NAV | $44.46 | | Holdings Count | 549 | | Distribution Yield (TTM) | 3.62% | | Annual Distribution (TTM) | $1.60 /share | | Distribution Frequency | Monthly | | 52-Week Range | $42.21 – $47.14 | | Beta | 0.93 | ## Latest Distribution - Amount: $0.1392 /share - Ex-date: 2026-10-06 - Pay date: 2026-10-08 ## Frequently Asked Questions ### What does AVMU invest in? This fund primarily invests in a diverse selection of high-quality municipal bonds. While designed to offer indexing advantages like broad diversification, controlled portfolio adjustments, and clear exposure, it also employs active management. This strategic approach aims to generate added value by making investment decisions based on current yield opportunities. The ETF benefits from optimized portfolio management and trading operations, structured to enhance returns while diligently minimizing unneeded risks and trading expenses. It is crafted to integrate smoothly into an investor's broader asset allocation strategy. ### What is the expense ratio of AVMU? Avantis Core Municipal Fixed Income ETF (AVMU) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations. ### What is AVMU's dividend yield? AVMU's trailing-twelve-month yield is 3.62%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of AVMU? Effective duration measures AVMU's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AVMU's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of AVMU? AVMU'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 AVMU? Yield to maturity (YTM) is the total return you'd earn from AVMU if every bond in the portfolio is held to maturity at the current price. AVMU'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 AVMU pay a dividend? Yes, Avantis Core Municipal Fixed Income ETF (AVMU) distributes dividends to shareholders. The trailing-twelve-month yield is 3.62%. Full dividend history is on this page. ### How often does AVMU pay dividends? Avantis Core Municipal Fixed Income 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 AVMU's next ex-dividend date? The most recently announced ex-dividend date for AVMU was 2026-10-06. 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 AVMU's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.15% 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 AVMU charge its expense ratio? The expense ratio is deducted in tiny daily slices from AVMU'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 AVMU cost more than a fund like VOO? AVMU is actively managed (current expense ratio 0.15%). 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 AVMU's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AVMU? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as AVMU (0.15%) 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/avmu - Distribution history: https://www.dividenddata.com/funds/avmu/dividend - Holdings & diversification: https://www.dividenddata.com/funds/avmu/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/avmu/expenses - Peer comparison: https://www.dividenddata.com/funds/avmu/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.