Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
abrdn Ultra Short Municipal Income Active ETF (AMUN)
About this ETF
AMUN seeks high after-tax income by investing primarily in investment-grade, tax-exempt municipal securities. The fund maintains an ultra-short duration profile, typically two years or less, to help reduce interest rate sensitivity. The portfolio may include various types of municipal obligations such as general obligation and revenue bonds, variable- and floating-rate issues, and tender option bonds. Up to 20% of assets may be allocated to below-investment-grade securities, while the fund may also invest in taxable fixed income if market conditions warrant it. The adviser uses sector allocation, credit analysis, and duration management to evaluate opportunities and balance income potential with risk. ESG factors may be considered as part of the research process. The ETF launched through a mutual fund conversion. The…
Price
Top 10 holdings
| TENNESSEE ST ENERGY ACQUISITIO TNSUTL 09/26 FIXED 5.625 | 4.15% |
| JP MORGAN CHASE PUTTERS/DRIVER JPM 03/27 ADJUSTABLE VAR | 4.14% |
| CUMBERLAND CNTY NC INDL FACS CUMPOL 12/27 ADJUSTABLE VAR | 3.82% |
| CHANDLER AZ INDL DEV AUTH INDL CHADEV 09/52 ADJUSTABLE VAR | 3.81% |
| NEWARK NJ NWK 05/27 FIXED 4.25 | 3.78% |
| JOHNSON CITY NY JOH 06/27 FIXED 4 | 3.78% |
| TNDR OPT FLTR BAP0002 12/27 1 | 3.76% |
| FLORIDA INSURANCE ASSISTANCE I FLIGEN 09/32 ADJUSTABLE VAR | 3.76% |
| POUGHKEEPSIE CITY NY POU 04/27 FIXED 3.5 | 3.76% |
| LOUISVILLE JEFFERSON CNTY KY LOUTRN 01/29 ADJUSTABLE VAR | 3.20% |
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | 0.00% |
| 3 months | -0.08% |
| 6 months | -0.15% |
| Year to date | -0.08% |
| 1 year | — |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | — |
| Sharpe (1y) | — |
| Sharpe (3y) | — |
| Sortino (1y) | — |
| Max drawdown (1y) | — |
| Max drawdown (5y) | — |
| Max drawdown (full) | -0.84% |
| Beta vs S&P 500 (1y) | 0.00 |
| Correlation vs S&P 500 (1y) | 0.03 |
Technical outlook not available yet — this fund does not have enough price history for the statistical models.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-02 | USD 0.0639 |
| 2026-06-01 | 2026-06-02 | USD 0.0636 |
| 2026-05-01 | 2026-05-04 | USD 0.0646 |
| 2026-04-01 | 2026-04-02 | USD 0.0670 |
| 2026-03-02 | 2026-03-03 | USD 0.0690 |
| 2026-02-02 | 2026-02-03 | USD 0.0550 |
| 2025-12-24 | 2025-12-29 | USD 0.0670 |
| 2025-12-01 | 2025-12-03 | USD 0.0670 |
| 2025-11-03 | 2025-11-05 | USD 0.0370 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
