Avantis Core Municipal Fixed Income ETF (AVMU)
- Expense ratio0.15%
- Net assets$170.5M
- Dividend yield3.85%
- 1-year return-0.95%
- Holdings10
AVMU ETF price chart
AVMU quote & trading statistics
AVMU performance
Annual returns & drawdowns →- YTD-2.04%
- 1 year-0.95%
- 3 years+3.81%/yr
- 5 years+0.38%/yr
- 10 years0.00%/yr
- 1Y volatility
- 6.31%
- 3Y volatility
- 5.66%
- 3Y Sharpe ratio
- -0.36
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
AVMU top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5% | 2.00% | |
| 2 | LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS REV 4% | 1.42% | |
| 3 | PORT AUTH N Y & N J 5% | 1.39% | |
| 4 | INDIANA ST FIN AUTH WASTEWATER UTIL REV 4% | 1.20% | |
| 5 | DENVER COLO CITY & CNTY 5% | 1.17% | |
| 6 | CALIFORNIA ST 5.25% | 1.16% | |
| 7 | PRIVATE COLLEGES & UNIVS AUTH GA REV 4% | 1.08% | |
| 8 | METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 3.25% | 1.08% | |
| 9 | DISTRICT COLUMBIA INCOME TAX REV 4% | 1.03% | |
| 10 | METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV 5% | 0.96% |
The top 10 holdings make up 12.5% of the fund (10 holdings in total). As of October 25, 2026.
AVMU bond portfolio
Rate scenarios & peers →- Yield to maturity
- 4.83%
- Effective duration
- 6.92 yrs
- Average coupon
- 4.63%
A one-percentage-point rise in interest rates would lower the price by about 6.9%.
About Avantis Core Municipal Fixed Income ETF
Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in municipal fixed income securities with interest payments exempt from federal income tax. The fund will invest primarily in investment grade securities as rated by an independent rating agency or determined by the advisor to be of comparable credit quality if a rating is unavailable.
AVMU ETF FAQ
What is the AVMU expense ratio?
Avantis Core Municipal Fixed Income ETF has a net expense ratio of 0.15%, or $15.00 a year for every $10,000 invested.
How much money is in AVMU?
Avantis Core Municipal Fixed Income ETF has about $170.5M in net assets.
What are the top holdings of AVMU?
The largest positions in AVMU are LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5% (2.00%), LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS REV 4% (1.42%), PORT AUTH N Y & N J 5% (1.39%). The fund holds 10 securities in total.
How has AVMU performed?
AVMU returned -0.95% over the past year and +0.38% a year over the past five years, including reinvested distributions.
Does AVMU pay dividends?
AVMU has a dividend yield of 3.85%.
When was AVMU launched?
Avantis Core Municipal Fixed Income ETF began trading on December 10, 2020.