ETF report · NYSE Arca
Rockefeller Opportunistic Municipal Bond ETF (RMOP)
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RMOP ETF chart
Fund facts
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- NYSE Arca
Key statistics
About RMOP
The Rockefeller Opportunistic Municipal Bond ETF (RMOP) is an actively managed fund from Rockefeller Asset Management that seeks tax-exempt income and total return from the U.S. municipal bond market.
Unlike the firm's state-specific funds, it invests in municipal bonds from issuers across the country and has flexibility to move across credit qualities, maturities and sectors, including higher-yielding and below-investment-grade municipal debt, when the managers see opportunity.
Security selection draws on Rockefeller's municipal credit research team, which evaluates the finances of individual issuers and projects. The fund's broader, unconstrained mandate is intended to complement more conservative municipal allocations, with income that is generally exempt from federal income tax.
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