Rockefeller California Municipal Bond ETF (RMCA)
Search documents
Rockefeller Asset Management Marks One-Year Anniversary of Opportunistic Municipal Bond ETF Launch with Strong Performance and Continued Growth
Businesswireยท 2025-09-25 13:15
Core Insights - Rockefeller Asset Management celebrates the one-year anniversary of its municipal bond ETFs, highlighting strong performance and growth [1][2][3] Performance Summary - The Rockefeller Opportunistic Municipal Bond ETF (RMOP) outperformed its benchmark by 151 basis points, returning 0.93% since its inception on August 12, 2024, while the benchmark returned -0.58% [2][5] - As of August 31, 2025, RMOP has $195 million in assets under management [3] Management Strategy - The ETFs are actively managed, focusing on high-yield and high-grade segments of the municipal bond market to deliver risk-adjusted returns [2][3] - The management team includes experienced portfolio managers who previously managed over $25 billion in assets at Invesco [3][4] Investor Appeal - The strategies are designed to attract long-term investors seeking high tax-efficient income and differentiated municipal exposure [4] - The firm emphasizes a disciplined approach to credit selection and active management to navigate market conditions [4] Future Developments - Rockefeller Asset Management plans to expand its municipal capabilities, including the launch of the Rockefeller Municipal Opportunities Interval Fund (RKMIX) in December 2024 [4]