Summary
F/m Ultrashort Tax-Free Municipal ETF is an ETF - a fund traded on an exchange like a stock - run by F/m. Positions inside: 164. The ten largest make up 19% of the fund.
- Yearly costs
- 0.30%
- Fund size
- $34.9M
- Positions
- 164
- Dividend yield
- 3.58%
- Running since
- 2025
What speaks for it
- Widely spread: the ten largest positions make up only 19% of the fund.
What to watch
- Costs of 0.30% a year are above the middle of comparable funds (0.20%).
- A young fund: it has been running only since 2025.
- A small fund with $34.9M under management; small funds get closed more often.
- It trades little: only about $313.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.6%
- 3 months
- -0.3%
- This year
- -0.3%
- 1 year
- -0.4%
What is inside?
Widely spread- 1 South Dakota Health & Educational Facilities Authority 4% 11/01/2034 2.8%
- 2 New York State Dormitory Authority 5% 02/15/2030 2.7%
- 3 Cash & Other 2.0%
- 4 Illinois Finance Authority 5% 11/15/2028 1.7%
- 5 State of Illinois 5% 01/01/2027 1.7%
- 6 Oregon State Facilities Authority 5% 06/01/2030 1.7%
- 7 Metropolitan Transportation Authority 5% 11/15/2037 1.5%
- 8 California Health Facilities Financing Authority 5% 08/15/2027 1.5%
- 9 King County School District No 411 Issaquah 5% 12/01/2032 1.5%
- 10 Pennsylvania Economic Development Financing Authority 5% 03/15/2031 1.4%
Positions in the fund: 164. The ten largest make up 19% of it.
Composition as of Oct 18, 2026.
What does it cost me?
Expensive- A year from $10,000
- $30.00
- Over 20 years
- $1,476
From every $10,000 invested the fund takes $30.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,476.
How has it done?
Losing value- Over the last year
- -0.4%
- Deepest drop
- -1.8%
- Yearly volatility
- 1.4%
Decline over the last year: 0.4%. Deepest drop in these years: 1.8% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.58%
- Payments a year
- 3
- Last payment
- $0.17
Over the last 12 months it paid $1.79 per share, which is 3.58% of today's price. The last payment was $0.17 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $313.1K
- Shares a day
- 6.3K
On an average day about $313.1K of the fund changes hands.