Profile
Assets class:
BondAssets under management:
$144 MAverage volume:
$6 KDomicile:
USExpense ratio:
0.15%Inception date:
08 December 2020Website:
-Last dividends:
03 June 2024Next dividends:
N/ATop countries
Dividend yield TTM
AVMU Latest News
The Federal Reserve standing pat on interest rates for the time being leaves the window open for fixed income investors to take advantage of current yields. That also includes muni bond exposure, but investors may want to take advantage before that proverbial window shuts.
The anticipation of lower interest rates in the new year could bring a flash flood of new municipal bond issuance, according to Bond Buyer. If yields continue to fall and bond prices rise, it might be an opportune time to get muni bond exposure via two ETFs from American Century.
History tends to repeat itself and if that's the case in the current economic environment, then investors may want to side with muni bonds. American Century offers a pair of attractive, low-cost exchange traded fund options that allow for this exposure.
Fixed income ETFs continue to gain in popularity, but not all investors are taking the same approach. For all of them, though, it is important to think about what advantages ETFs offer to client portfolios.
What is AVMU 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.
What is AVMU assets class?
Assets class of AVMU ETF is 'Bond'
What is AVMU assets under management?
Assets under management of AVMU ETF is $144 M
What is AVMU average volume?
Average volume of AVMU ETF is $6 K
What is AVMU domicile?
Domicile of AVMU ETF is US
What is AVMU expense ratio?
Expense ratio of AVMU ETF is 0.15%
What is AVMU inception date?
Inception date of AVMU ETF is 08 December 2020
What is AVMU website?
Website of AVMU ETF is null