# Avantis All International Markets Equity ETF (AVNM): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/avnm for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Avantis · Asset class: Equity - Strategy: Actively Managed · Inception: 2023-06-27 AVNM is designed to provide investors with low-cost, tax-efficient, and diversified international equity exposure. Its portfolio consists of other select Avantis exchange-traded funds that invest in global companies of all market capitalizations outside the US. The fund focuses on securities with higher expected returns or those with better risk characteristics than a passive, market cap-weighted index. It follows specific targets weights for both emerging and non-US developed markets in a 30/70 ratio with a 10%-15% range difference. Since the fund is actively managed, decisions regarding t... ## Key Facts | Metric | Value | |---|---| | Price | $80.55 | | Expense Ratio | 0.31% | | Assets Under Management | $781.6M | | NAV | $80.45 | | Holdings Count | 7 | | Distribution Yield (TTM) | 2.91% | | Annual Distribution (TTM) | $2.35 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $69.39 – $86.73 | | Beta | 0.81 | ## Latest Distribution - Amount: $0.4062 /share - Ex-date: 2026-09-10 - Pay date: 2026-09-14 ## Frequently Asked Questions ### What does AVNM invest in? AVNM is designed to provide investors with low-cost, tax-efficient, and diversified international equity exposure. Its portfolio consists of other select Avantis exchange-traded funds that invest in global companies of all market capitalizations outside the US. The fund focuses on securities with higher expected returns or those with better risk characteristics than a passive, market cap-weighted index. It follows specific targets weights for both emerging and non-US developed markets in a 30/70 ratio with a 10%-15% range difference. Since the fund is actively managed, decisions regarding the funds allocations, including geographies, investment styles, and changes within the target ranges are solely at the discretion of the manager. The fund may also undergo regular reviews to identify necessary rebalancing. ### What is the expense ratio of AVNM? Avantis All International Markets Equity ETF (AVNM) charges an expense ratio of 0.31%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is AVNM? Avantis All International Markets Equity ETF (AVNM) manages $781.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is AVNM actively managed or an index fund? AVNM is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AVNM's is 0.31%) in exchange for the discretion to over- or under-weight positions. ### When was AVNM launched? Avantis All International Markets Equity ETF (AVNM) launched in June 2023 and is managed by Avantis. ### How has AVNM performed? AVNM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does AVNM pay a dividend? Avantis All International Markets Equity ETF (AVNM) currently distributes little or no income. Trailing-twelve-month yield is 2.91%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does AVNM pay dividends? Avantis All International Markets Equity ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is AVNM's dividend yield? AVNM's trailing-twelve-month yield is 2.91%, calculated from the sum of dividends over the past year divided by the current price. ### When is AVNM's next ex-dividend date? The most recently announced ex-dividend date for AVNM was 2026-09-10. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will AVNM's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.31% 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 AVNM charge its expense ratio? The expense ratio is deducted in tiny daily slices from AVNM'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 AVNM cost more than a fund like VOO? AVNM is actively managed (current expense ratio 0.31%). 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 AVNM's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AVNM? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as AVNM (0.31%) 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/avnm - Distribution history: https://www.dividenddata.com/funds/avnm/dividend - Holdings & diversification: https://www.dividenddata.com/funds/avnm/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/avnm/expenses - Peer comparison: https://www.dividenddata.com/funds/avnm/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.