APMU – Trust For Professional Managers

Trust For Professional Managers (APMU) is a Muni National Interm ETF, issued by Active Passive Funds, $211M in assets, 0.36% expense ratio.

Returns as of Oct 23, 2026: 1 week +1.0%, 1 year +5.0%.

Actively-managed, blends strategies to optimize costs and returns over Bloomberg Municipal 1-10 Year Blend Index. Invests in U.S. municipal bonds exempt from federal income tax.

Top holdings

• MUB – iShares National Muni Bond ETF, 4.2%
• FGXXX – First American Funds Inc. - Government Obligations Fund, 3.2%

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