APMU Profile
Trust for Professional Managers operates an actively-managed exchange-traded fund (ETF) designed to leverage both active and passive investment strategies to optimize costs, tracking accuracy, and potential returns relative to its benchmark index, the Bloomberg Municipal 1-10 Year Blend Index. This hybrid approach combines the flexibility of active management with the stability of passive indexing, aiming to enhance performance while controlling investment expenses.
Under normal market conditions, the fund commits to investing at least 80% of its net assets in U.S. municipal bond securities. These bonds are specifically selected for their exemption from U.S. federal income tax and must be rated investment grade or higher. By focusing on investment-grade municipal bonds with maturities ranging from 1 to 10 years, the fund seeks to provide investors with a stable income stream while minimizing tax liability.
The actively-managed component of the fund involves strategic selection of municipal bonds based on rigorous credit analysis and market research, aiming to identify opportunities for superior returns within the tax-exempt bond market. This active management is complemented by passive strategies that track the broader municipal bond market, ensuring a balanced approach that enhances both risk-adjusted returns and cost efficiency.
Investors in Trust for Professional Managers benefit from a sophisticated ETF that integrates active and passive management techniques to capture opportunities within the municipal bond market. The funds emphasis on investment-grade, tax-exempt bonds provides a reliable source of income while adhering to a strategic investment approach. With a focus on optimizing returns and managing costs, the ETF offers a comprehensive solution for investors seeking to enhance their portfolios with tax-efficient municipal bonds.
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