Key stats
About ActivePassive Core Bond ETF
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Inception date
May 3, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Envestnet Asset Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US89834G7521
APCB utilizes both active and passive strategies to take advantage of the low costs of index tracking, while providing the opportunity to add value through risk mitigation and security selection. The fund allocates to the active and passive portion of the fund based on the advisers proprietary research, generally following a balanced approach to each. APCB will primarily invest in securities rated as investment grade, issued by corporate and government entities, with up to 20% in high yield securities. The fund includes short-term and long-term securities, with maturities up to more than 20 years. The passive portion of the fund uses mathematical modelling, computer systems and data analysis to provide investment results similar to the underlying index. The active portion of the fund may utilize a multi-manager, fundamental based research strategy to select securities they believe to be undervalued in the market.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
ETF
Corporate
Securitized
Bonds, Cash & Other100.00%
Government30.70%
ETF26.44%
Corporate26.18%
Securitized15.36%
Cash0.69%
Mutual fund0.63%
Stock breakdown by region
North America93.24%
Europe3.83%
Asia1.60%
Oceania0.64%
Latin America0.53%
Middle East0.13%
Africa0.02%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
APCB invests in bonds. The fund's major sectors are Government, with 30.70% stocks, and Corporate, with 26.18% of the basket. The assets are mostly located in the North America region.
APCB top holdings are iShares MBS ETF and Vanguard Total International Bond ETF, occupying 13.95% and 9.80% of the portfolio correspondingly.
APCB last dividends amounted to 0.11 USD. The year before, the issuer paid 0.07 USD in dividends, which shows a 33.65% increase.
APCB assets under management is 893.89 M USD. It's risen 0.14% over the last month.
APCB fund flows account for 137.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, APCB pays dividends to its holders with the dividend yield of 4.16%. The last dividend (Nov 4, 2025) amounted to 0.11 USD. The dividends are paid annually.
APCB shares are issued by Envestnet, Inc. under the brand ActivePassive. The ETF was launched on May 3, 2023, and its management style is Active.
APCB expense ratio is 0.37% meaning you'd have to pay 0.37% of your investment to help manage the fund.
APCB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
APCB invests in bonds.
APCB price has fallen by −0.09% over the last month, and its yearly performance shows a 1.36% increase. See more dynamics on APCB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.30% over the last month, showed a 2.35% increase in three-month performance and has increased by 6.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.30% over the last month, showed a 2.35% increase in three-month performance and has increased by 6.05% in a year.
APCB trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.