GENM

Genter Capital Municipal Quality Intermediate ETF

$10.30

+0.00%

Market closed. Last update: 11:38 PM ET

📎 Investment Objective

The Genter Capital Municipal Quality Intermediate ETF (GENM) seeks to provide current income that is exempt from federal income taxes by investing primarily in a portfolio of investment-grade municipal bonds.

Overview

ETF tracking Genter Capital Municipal Quality Intermediate ETF

Category Municipal Bonds

Issuer Other

Inception Date 2024-05-22

Market Cap $11.2M

Average Volume N/A

Dividend Yield 2.36%

52-Week Range $9.96 - $10.38

VWAP $10.30

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a diversified portfolio of municipal bonds with intermediate-term maturities, typically 3-10 years. The portfolio is actively managed to maintain a high-quality credit profile while seeking to generate tax-exempt income for investors.

✨ Key Features

Focuses on investment-grade municipal bonds for tax-exempt income
Intermediate-term maturity profile to balance income and interest rate risk
Actively managed portfolio to maintain credit quality and optimize returns
No expense ratio currently charged to investors

⚠️ 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 bonds
Concentration risk as the fund invests primarily in municipal bonds

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and moderate risk, such as those in higher tax brackets looking to generate steady returns from a portfolio of high-quality municipal bonds. However, the fund has a limited track record, so investors should carefully consider their risk tolerance and investment time horizon.