{
 "url": "https://etfiq.com/funds/zmun/holdings/",
 "section": "funds",
 "title": "ZMUN Holdings: 157 Positions (May 31, 2026) | ETFIQ",
 "description": "ZMUN holds 157 positions as of May 31, 2026. The largest is South Dakota St Hlth & Eductnl at 3.70%. Download the full list as a CSV.",
 "as_of": "May 31, 2026",
 "ticker": "ZMUN",
 "fund": "F/m Ultrashort Tax-Free Municipal ETF",
 "fund_page": "https://etfiq.com/funds/zmun",
 "positions": 157,
 "positions_listed_on_page": 100,
 "lead": "ZMUN held 157 positions as of May 31, 2026. South Dakota St Hlth & Eductnl is the largest at 3.70%; the top 10 are 24.2% of the fund.",
 "source": {
  "name": "Form N-PORT filed with the SEC",
  "url": "https://www.sec.gov/Archives/edgar/data/831114/000119312526320024/primary_doc.xml",
  "document": "the fund’s SEC filing",
  "book_date": "2026-05-31",
  "file_date": null
 },
 "top_positions": [
  {
   "rank": 1,
   "holding": "South Dakota St Hlth & Eductnl",
   "ticker": null,
   "weight_pct": 3.701,
   "page": null
  },
  {
   "rank": 2,
   "holding": "NEW York St Dorm Auth St Perso",
   "ticker": null,
   "weight_pct": 2.787,
   "page": null
  },
  {
   "rank": 3,
   "holding": "Univ of Kentucky Ky Gen Recpts",
   "ticker": null,
   "weight_pct": 2.72,
   "page": null
  },
  {
   "rank": 4,
   "holding": "Great Lakes Mi Wtr Auth Wtr Sp",
   "ticker": null,
   "weight_pct": 2.596,
   "page": null
  },
  {
   "rank": 5,
   "holding": "LEE Cnty Fl Sch Brd Cops",
   "ticker": null,
   "weight_pct": 2.393,
   "page": null
  },
  {
   "rank": 6,
   "holding": "Illinois St",
   "ticker": null,
   "weight_pct": 2.225,
   "page": null
  },
  {
   "rank": 7,
   "holding": "North Carolina St Muni Pwr Agy",
   "ticker": null,
   "weight_pct": 2.168,
   "page": null
  },
  {
   "rank": 8,
   "holding": "Washington St",
   "ticker": null,
   "weight_pct": 1.858,
   "page": null
  },
  {
   "rank": 9,
   "holding": "LOS Angeles Cnty Ca Public Wks",
   "ticker": null,
   "weight_pct": 1.854,
   "page": null
  },
  {
   "rank": 10,
   "holding": "Wisconsin St Hlth & Eductnl Fa",
   "ticker": null,
   "weight_pct": 1.853,
   "page": null
  },
  {
   "rank": 11,
   "holding": "SAN Jose Ca Evergreen Cmnty Cl",
   "ticker": null,
   "weight_pct": 1.851,
   "page": null
  },
  {
   "rank": 12,
   "holding": "Houston Tx Utility Sys Revenue",
   "ticker": null,
   "weight_pct": 1.851,
   "page": null
  },
  {
   "rank": 13,
   "holding": "Nevada St Highway Impt Revenue",
   "ticker": null,
   "weight_pct": 1.575,
   "page": null
  },
  {
   "rank": 14,
   "holding": "Massachusetts St Wtr Resources",
   "ticker": null,
   "weight_pct": 1.56,
   "page": null
  },
  {
   "rank": 15,
   "holding": "Michigan St Fin Auth Revenue",
   "ticker": null,
   "weight_pct": 1.482,
   "page": null
  },
  {
   "rank": 16,
   "holding": "Illinois St Fin Auth Revenue",
   "ticker": null,
   "weight_pct": 1.389,
   "page": null
  },
  {
   "rank": 17,
   "holding": "NEW Jersey St Eductnl Facs Aut",
   "ticker": null,
   "weight_pct": 1.371,
   "page": null
  },
  {
   "rank": 18,
   "holding": "Bryan Cnty Ga Sch Dist",
   "ticker": null,
   "weight_pct": 1.3,
   "page": null
  },
  {
   "rank": 19,
   "holding": "California St Hlth Facs Fing A",
   "ticker": null,
   "weight_pct": 1.133,
   "page": null
  },
  {
   "rank": 20,
   "holding": "Houston Tx Indep Sch Dist",
   "ticker": null,
   "weight_pct": 1.112,
   "page": null
  },
  {
   "rank": 21,
   "holding": "NEW Jersey St Hlth Care Facs F",
   "ticker": null,
   "weight_pct": 1.112,
   "page": null
  },
  {
   "rank": 22,
   "holding": "Yucaipa Vly Wtr Dist Fing Auth",
   "ticker": null,
   "weight_pct": 1.11,
   "page": null
  },
  {
   "rank": 23,
   "holding": "East Cnty Advanced Wtr Purific",
   "ticker": null,
   "weight_pct": 1.018,
   "page": null
  },
  {
   "rank": 24,
   "holding": "Honolulu City & Cnty Hi Wstwtr",
   "ticker": null,
   "weight_pct": 0.983,
   "page": null
  },
  {
   "rank": 25,
   "holding": "Rhode Island Commerce Corp Rev",
   "ticker": null,
   "weight_pct": 0.926,
   "page": null
  }
 ],
 "top_positions_shown": 25,
 "cash": [
  {
   "holding": "Cash and other net assets",
   "weight_pct": 3.964
  }
 ],
 "weights": "share of net assets, as the source states them",
 "csv": "https://etfiq.com/funds/zmun/holdings/zmun-holdings.csv",
 "json_book": "https://etfiq.com/data/books/zmun.json",
 "markdown": "https://etfiq.com/funds/zmun/holdings/index.md",
 "publisher": {
  "@id": "https://etfiq.com/#org",
  "name": "ETFIQ",
  "url": "https://etfiq.com"
 },
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, Holdings of ZMUN, data as of May 31, 2026. https://etfiq.com/funds/zmun/holdings/"
}