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Upturn AI SWOT - About
Avantis Core Municipal Fixed Income ETF (AVMU)
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Upturn Advisory Summary
04/01/2025: AVMU (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 0.11% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 12990 | Beta 0.92 | 52 Weeks Range 44.48 - 46.63 | Updated Date 04/2/2025 |
52 Weeks Range 44.48 - 46.63 | Updated Date 04/2/2025 |
Upturn AI SWOT
Avantis Core Municipal Fixed Income ETF
ETF Overview
Overview
The Avantis Core Municipal Fixed Income ETF (AVMU) seeks to provide current income exempt from federal income tax by investing in a broad and diverse portfolio of investment-grade municipal bonds.
Reputation and Reliability
Avantis Investors is known for its systematic, value-oriented investment approach and low-cost ETF offerings. They have a growing reputation for well-managed and efficiently priced ETFs.
Management Expertise
Avantis Investors has a team of experienced investment professionals with expertise in quantitative analysis, portfolio management, and fixed-income markets.
Investment Objective
Goal
To provide current income exempt from federal income tax.
Investment Approach and Strategy
Strategy: The ETF employs a rules-based approach to construct a diversified portfolio of municipal bonds, considering factors such as credit quality, maturity, and yield.
Composition The ETF primarily holds investment-grade municipal bonds.
Market Position
Market Share: Data unavailable to accurately estimate AVMU's precise market share in the competitive municipal bond ETF market.
Total Net Assets (AUM): 51443500
Competitors
Key Competitors
- VTEB
- MUB
- ITM
Competitive Landscape
The municipal bond ETF market is competitive, with established players like VTEB and MUB dominating. AVMU's advantage lies in its low expense ratio and systematic investment approach. Its disadvantage is its relatively small AUM compared to the market leaders, which may affect liquidity.
Financial Performance
Historical Performance: Historical financial performance unavailable in provided data, cannot provide numerical data.
Benchmark Comparison: Benchmark comparison unavailable in provided data, cannot provide numerical data.
Expense Ratio: 0.12
Liquidity
Average Trading Volume
AVMU exhibits an average daily trading volume which helps ensure that investors can buy and sell shares efficiently.
Bid-Ask Spread
The bid-ask spread is typically small, reflecting sufficient liquidity and relatively low trading costs.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation expectations, and state and local government finances significantly impact the municipal bond market and therefore, AVMU's performance.
Growth Trajectory
AVMU's growth trajectory depends on its ability to attract assets through competitive performance and low costs, as well as the overall demand for municipal bonds in a rising interest rate environment.
Moat and Competitive Advantages
Competitive Edge
AVMU's competitive edge is its rules-based, value-oriented investment strategy, combined with a low expense ratio. This approach seeks to deliver consistent performance and lower costs compared to actively managed funds. The systematic approach can also reduce the risk of human error in portfolio construction. Avantis' reputation for efficient ETF management further supports its competitiveness.
Risk Analysis
Volatility
Volatility is determined by the current market's condition; municipal bonds are generally less volatile than equities.
Market Risk
Market risk includes interest rate risk (rising rates can decrease bond values) and credit risk (the risk of default by municipal bond issuers).
Investor Profile
Ideal Investor Profile
The ideal investor is one who seeks tax-exempt income and diversification within a fixed-income portfolio. Investors in high tax brackets may benefit most from the tax advantages of municipal bonds.
Market Risk
AVMU is suitable for long-term investors seeking tax-efficient income and diversification in a low-cost ETF.
Summary
The Avantis Core Municipal Fixed Income ETF (AVMU) is a low-cost ETF that provides exposure to a diversified portfolio of investment-grade municipal bonds, offering tax-exempt income. It employs a systematic, value-oriented investment approach to construct its portfolio. AVMU is suitable for long-term investors seeking tax-efficient income and diversification. Its low expense ratio and rules-based strategy differentiate it from actively managed competitors.
Similar Companies
CMF
iShares California Muni Bond ETF
CMF
iShares California Muni Bond ETF
MUB
iShares National Muni Bond ETF
MUB
iShares National Muni Bond ETF
SUB
iShares Short-Term National Muni Bond ETF
SUB
iShares Short-Term National Muni Bond ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
VTEB
Vanguard Tax-Exempt Bond Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- Avantis Investors Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and risk tolerance. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Avantis Core Municipal Fixed Income ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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