Rockefeller California Municipal Bond ETF (RMCA)

The Rockefeller California Municipal Bond ETF (RMCA) is an actively managed fund from Rockefeller Asset Management that seeks current income exempt from federal and California personal income taxes, consistent with preservation of capital.

The fund invests mainly in municipal bonds issued by the State of California, its cities, counties and agencies, and other issuers whose interest is exempt from California taxes. Holdings include general obligation and revenue bonds financing schools, utilities, transportation and other public projects.

Portfolio managers select bonds using credit research and analysis of interest rate and yield curve conditions, focusing primarily on investment-grade securities. As an ETF, it offers daily liquidity and portfolio transparency while giving California residents a way to pursue double tax-exempt income.