Morningstar

F/m Ultrashort Tax Free Municipal ETF ZMUN

Morningstar Medalist Rating
Medalist Rating as of | See F/m Investments Investment Hub

Morningstar’s Analysis ZMUN

Will ZMUN outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ZMUN’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ZMUN management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ZMUN’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

F/m Ultrashort Tax Free Municipal ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings ZMUN

More ZMUN Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SOUTH DAKOTA ST HEALTH & EDL FACS AUTH REV 4%

2.75 994,652
municipal

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%

2.63 951,202
municipal

AURORA COLO CTFS PARTN 5%

1.70 615,380
municipal

ILLINOIS FIN AUTH REV 5%

1.66 601,552
municipal

ILLINOIS ST 5%

1.66 601,046
Cash and Equivalents

OREGON ST FACS AUTH REV 5%

1.59 575,128
municipal

DENVER COLO CITY & CNTY ARPT REV 5%

1.52 550,898
municipal

METROPOLITAN TRANSN AUTH N Y REV 5%

1.49 540,035
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.45 525,610
municipal

KING CNTY WASH SCH DIST NO 411 ISSAQUAH 5%

1.44 520,436
municipal

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