# ZMUN (F/m Ultrashort Tax-Free Municipal ETF)

F/m · Bond ETFs · Municipal, national, short · data as of Oct 20, 2026

ZMUN returned +2.9% over the year to Oct 20, 2026, charges 0.30% a year and holds $35m in net assets on Oct 19, 2026.

ZMUN tracks an index and returned +2.9% over the past year.

## Key facts

- ZMUN, total return, 1 year: +2.9%, as of Oct 20, 2026.
- ZMUN, expense ratio: 0.30%, as of Oct 3, 2025.
- ZMUN, holdings: 157, as of May 31, 2026.
- ZMUN, below its high: −0.1%, as of Oct 20, 2026.
- ZMUN, 12-month yield, capital gains included, on its starting price: 3.6%, as of Oct 20, 2026.
- ZMUN, last payment (paid monthly), ex-date Sep 28, 2026: $0.1653, as of Sep 28, 2026.
- ZMUN, net assets: $35m (the issuer’s own figure for this ETF, as of Oct 19, 2026).

## ZMUN over each window to Oct 20, 2026

| Window | Total return |
| --- | --- |
| 1 month | +0.2% |
| 3 months | +0.3% |
| 6 months | +1.1% |
| Year to date | +2.3% |
| 1 year | +2.9% |
| Since launch | +3.1% |
| Since launch, annualised | +2.9% |

## ZMUN key stats

- 52-week high, daily closes to Oct 20, 2026: $50.24 on Dec 29, 2025 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 20, 2026: $49.33 on Sep 29, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 20, 2026, within that range: $49.80, 51% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 157
- Top ten weight: 24.2%

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | not read by ETFIQ | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, short | ETFIQ |
| Expense ratio | 0.30% | 497 XBRL, Oct 3, 2025 |
| Price | $49.80 | ETFIQ |
| First traded | Sep 30, 2025 | ETFIQ |
| Net assets | $35m | the issuer’s own figure for this ETF, as of Oct 19, 2026 |
| Benchmark | Its own holdings, as of May 31, 2026; its prospectus names no index it tracks | ETFIQ, from its filings |
| Below its high | −0.1% | ETFIQ |
| Holdings | 157 | ETFIQ |
| Top ten weight | 24.2% | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |

## Money in and out, to May 31, 2026

Monthly figures only. May 2026: +$9.5m, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/zmun.json>. Method: https://etfiq.com/methodology/flows

## Questions

### How has ZMUN performed?

Over the year to Oct 20, 2026, ZMUN returned +2.9% with distributions reinvested.

### What does ZMUN cost?

The prospectus expense ratio is 0.30% a year.

### How far is ZMUN below its high?

0.1% below its high of Oct 15, 2026, measured on the reinvested series to Oct 20, 2026.


## Cite this page

ETFIQ, ZMUN, bond fund, data as of Oct 20, 2026. https://etfiq.com/funds/zmun
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/zmun  ·  JSON: https://etfiq.com/funds/zmun.json