abrdn Ultra Short Municipal Income Active ETF

abrdn Ultra Short Municipal Income Active ETF is an actively managed fixed income fund focused on ultra-short-duration municipal bonds. The ETF seeks high after-tax current income while preserving capital by investing primarily in investment-grade, tax-exempt municipal obligations, with a portfolio duration of two years or less under normal circumstances. It is designed for investors looking for municipal bond exposure with an emphasis on tax efficiency and relatively limited interest-rate sensitivity. The fund’s holdings may include revenue bonds and other municipal securities issued by states, cities, counties, and related authorities across public infrastructure, healthcare, transportation, utilities, and economic development sectors. By concentrating on short-term municipal debt, abrdn Ultra Short Municipal Income Active ETF plays a role as a defensive income-oriented vehicle within the broader fixed income market.