Overview
Intermediate-duration municipal bonds — 1,300+ AMT-free investment-grade issues in the 6-16 year range at a 0.18% fee.
Top Holdings
| Ticker | Holding | Weight |
|---|
Fund Details
Investment Thesis
The muni sweet spot: intermediate maturities capture most of the curve's tax-free yield with far less volatility than the long end. 3.1% federal-tax-free — over 5% taxable-equivalent for top brackets — while the fee undercuts most competitors.
Who It's For
Tax-sensitive investors who want meaningful muni income without full long-duration exposure.
10-Year History
Annual Closing Price
| Year | Close | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | $48.14 | -- |
| 2018 | $47.47 | -1.4% |
| 2019 | $50.23 | +5.8% |
| 2020 | $52.03 | +3.6% |
| 2021 | $51.27 | -1.5% |
| 2022 | $45.61 | -11.0% |
| 2023 | $47.03 | +3.1% |
| 2024 | $46.10 | -2.0% |
| 2025 | $47.16 | +2.3% |
Annual Dividend Yield
| Year | Yield |
|---|---|
| 2016 | -- |
| 2017 | -- |
| 2018 | -- |
| 2019 | -- |
| 2020 | -- |
| 2021 | 0.54% |
| 2022 | 1.92% |
| 2023 | 2.40% |
| 2024 | 2.73% |
| 2025 | 2.86% |
Annual AUM
| Year | AUM | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | -- | -- |
| 2020 | -- | -- |
| 2021 | -- | -- |
| 2022 | -- | -- |
| 2023 | -- | -- |
| 2024 | -- | -- |
| 2025 | $2.0B | -- |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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