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The Rockefeller California Municipal Bond ETF (RMCA) is an actively managed exchange-traded fund whose primary objective is to generate income exempt from both U.S. federal and California state income taxes. It achieves this by focusing its investments on municipal bonds issued within California. Typically, at least 80% of the fund's net assets, including any capital borrowed for investment purposes, will be allocated to debt securities. The interest income from these bonds is considered free from regular U.S. federal and California state income taxation, based on the bond counsel's opinion…

NEW YORK--(BUSINESS WIRE)--Rockefeller Asset Management (“Rockefeller”), the asset management division of Rockefeller Capital Management, celebrates the one-year anniversary of its municipal bond ETFs: Rockefeller Opportunistic Municipal Bond ETF (RMOP), Rockefeller California Municipal Bond ETF (RMCA), and Rockefeller New York Municipal Bond ETF (RMNY). Rockefeller's actively managed municipal ETFs seek to provide exposure across high-yield and high-grade segments on the municipal bond market.

In the latest episode of ETF 360, Kirsten Chang was joined by Rockefeller Capital Management's Director of Fixed Income Alex Petrone.

On Tuesday, Rockefeller Asset Management launched a suite of new bond ETFs. They are the Rockefeller Opportunistic Municipal Bond ETF (RMOP), the Rockefeller California Municipal Bond ETF (RMCA), and the Rockefeller New York Municipal Bond ETF (RMNY).