Fund Evaluator:
F/m Ultrashort Tax Free Municipal ETF (ZMUN)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni National Short
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.30% F
Expense Ratio
$34 Mil
Assets
Open
Status
na
12b-1 Fee
na
TTM Yield
0.00%
Max Load
na
Portfolio Turnover
Best Performing in Muni National Short Over the Last Year
| 3.1% | PGIM Short Duration Muni Z (PDSZX) |
| 2.8% | Vanguard Ultra Short-Term Tx-Ex Adm (VWSUX) |
| 2.7% | Vanguard Ultra Short-Term Tx-Ex (VWSTX) |
| 2.7% | Vanguard Ltd-Term Tx-Ex Adm (VMLUX) |
| 2.6% | Goldman Sachs Short Dur T/F Inv (GDIRX) |
Data as of 8/31/2026
0.4% C
1-Mo Return
0.7% A
3-Mo Return
2.3% A
YTD Return
na
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
F/m Investments LLC
Inception Date
9/29/2025
Share Class Type
Equity Investment Style
na
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
Bloomberg Muni Currently Callable PR USD: 100%
Additional Fund Details
F/m Ultrashort Tax Free Municipal ETF Overview
ZMUN Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ZMUN Return (NAV) | 0.4% | 0.7% | na | na | na | na |
| ZMUN Grade | C | A | na | na | na | na |
| +/- Category | 0.1% | 0.6% | na | na | na | na |
| Muni National Short Avg | 0.3% | 0.1% | 2.4% | 3.4% | 1.6% | 1.6% |
| ZMUN Tax Cost Ratio | na | na | na | na | na | na |
ZMUN Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ZMUN Return (NAV) | 2.3% | na | na | na | na | na | na | na | na | na | na |
| ZMUN Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.3% | na | na | na | na | na | na | na | na | na | na |
| Muni National Short Avg | 1.1% | 4.0% | 2.6% | 3.9% | -3.2% | 0.4% | 2.4% | 3.4% | 1.2% | 1.9% | -0.1% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | -- |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $34 Mil |
| Fund Total Assets: | $ 34 Mil |
| Share Class Type: | |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.9 years | |||
| Average Tenure: 0.9 years | |||
| Managers (Year): Julien Barry (2025), Mika Christina (2025), Hennessy Justin (2025) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 173 |
| % in Top 10 Holdings: | 19.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 96.1% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.3% |
| Cash: | 2.6% |
Purchase Information
| Fund Family: | F/m Investments LLC |
| Phone Number: | 800-617-0004 |
| Website: | www.rbbfund.com |
| Status: | Open |
| Inception Date: | September 29, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.30% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.58% |
| Share Class: | F/m Ultrashort Tax Free Municipal ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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