About Trust for Professional Managers ActivePassive Intermediate Municipal Bond ETF (APMU)

The Trust for Professional Managers ActivePassive Intermediate Municipal Bond ETF (APMU) is an exchange-traded fund that seeks to provide investors with exposure to intermediate-term municipal bonds. The fund aims to generate income that is exempt from federal income tax, making it an attractive investment for individuals in higher tax brackets. APMU is managed by a team of professional managers who employ a combination of active and passive investment strategies to achieve the fund's investment objectives. The fund primarily invests in investment-grade municipal bonds with maturities between 3 and 10 years. By focusing on intermediate-term bonds, APMU aims to strike a balance between generating income and managing interest rate risk.

In terms of its price history, APMU has generally been stable, with minimal volatility. Over the past few years, the fund has experienced steady growth, benefiting from the overall positive performance of the municipal bond market. As of the latest available data, APMU is trading at $50.78 per share.