AMG GW&K Muni Income ETF
$24.24+0.21 (+0.87%) past 5 days
Market opens at 9:30 AM ET.
- 0.29%
- $18M
- +0.1%
- 1.98K sh
- low $23.26high $25.45
The ETF.net MUNX Grade
C
Score 54 out of 100
- 41 of 63
Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B60 out of 100Rank 23 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 19 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 31 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F11 out of 100Rank 61 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 57 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F24 out of 100Rank 54 of 63
Our read on MUNX
In short
CA Boston bond boutique's muni playbook in an ETF wrapper. GW&K's team picks individual tax-exempt bonds across sectors, maturities and credit tiers, aiming at federally tax-free income instead of mirroring an index.
Stated mandate
The Fund seeks current income exempt from federal income tax while preserving capital. Capital appreciation is a secondary objective.
Why people hold it
Worth knowing
MUNX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
MUNX$10,009
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MUNX |
|---|---|
| Year to date | −0.2% |
| 1 month | +3.6% |
| 3 months | −1.0% |
| 1 year | +0.1% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MUNX |
|---|---|---|
| 2026 YTD | −0.2% | |
| 2025 | +0.5% |
MUNX in the news
MUNX Dividends
- $0.08 per share
- Monthly
Distribution data unavailable.
Distribution history
$10,000 in MUNX 1 year ago paid $320 in dividends.
MUNX Risk
- 7.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.49
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −7.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MUNX Cost
Overpaying vs VTEB, tied cheapest in Other Municipal Bond
$5,314
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MUNX 0.29%
$5,952
VTEB 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | MUNX | VTEB | Overpaying |
|---|---|---|---|
| 10 | $527 | $55 | $472 |
| 20 | $2,044 | $216 | $1,828 |
| 30 | $5,952 | $638 | $5,314 |
Other funds in Other Municipal Bond
- BFTNYFranklin New York Municipal Income ETFExpense ratio 0.36%1 year return −0.4%
- CFTPAFranklin Pennsylvania Municipal Income ETFExpense ratio 0.35%1 year return
- CPZTInvesco New York AMT-Free Municipal Bond ETFExpense ratio 0.28%1 year return −2.0%
- CFTCAFranklin California Municipal Income ETFExpense ratio 0.35%1 year return −0.1%
- CBMOPBNY Mellon Municipal Opportunities ETFExpense ratio 0.49%1 year return
