RMOP

Rockefeller Opportunistic Municipal Bond ETF

$25.16

+0.00%

Market closed. Last update: 4:15 AM ET

📎 Investment Objective

The Rockefeller Opportunistic Municipal Bond ETF (RMOP) seeks to provide current income that is generally exempt from federal income taxes.

Overview

ETF tracking Rockefeller Opportunistic Municipal Bond ETF

Category Municipal Bonds

Issuer Other

Inception Date 2024-08-13

Market Cap $198.8M

Average Volume N/A

Dividend Yield 4.27%

52-Week Range $23.95 - $25.98

VWAP $25.15

Performance

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Investment Summary

📎 Investment Objective

The Rockefeller Opportunistic Municipal Bond ETF (RMOP) seeks to provide current income that is generally exempt from federal income taxes.

🎯 Investment Strategy

The ETF invests primarily in municipal bonds and other municipal debt securities. The fund's portfolio managers aim to take advantage of market opportunities to generate attractive tax-exempt income for investors.

✨ Key Features

Focuses on municipal bonds, which can provide tax-exempt income
Actively managed strategy seeks to identify attractive investment opportunities
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if municipal issuers experience financial difficulties
Liquidity risk for less actively traded municipal securities
Limited diversification given the fund's small asset base

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and willing to accept the risks associated with an actively managed municipal bond portfolio. However, the fund's limited track record means it may be more appropriate for experienced investors as part of a diversified fixed income allocation.