AMUN – abrdn Ultra Short Municipal Inc Act ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks high after-tax current income consistent with preservation of capital. The fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in investment grade fixed income securities that qualify as tax-exempt municipal obligations. Tax-exempt municipal obligations include municipal obligations that pay interest that is free from U.S. federal income tax. These obligations are issued by states, U.S. territories and their political subdivisions, such as counties, cities and towns.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AMUN	abrdn Ultra Short Municipal Income Active ETF	ETF	Open			Mar 17, 1986	$54.82M	0.250%	Low	—	$18.52M

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