Trust for Professional Managers - ActivePassive Intermediate Municipal Bond ETF

Trust for Professional Managers - ActivePassive Intermediate Municipal Bond ETF is an exchange traded fund launched by Trust for Professional Managers. The fund is co-managed by Envestnet Asset Management, Inc and GW&K Investment Management, LLC. The fund invests in the fixed income markets of the United States. It invests in investment grade municipal bond securities that are rated CCC+ or better by any nationally recognized statistical rating organization. For its passively managed portion, the fund seeks to track the performance of Bloomberg Municipal 1-10 Year Blend Index, by using representative sampling technique. For its actively managed portion, the fund employs fundamental and quantitative analysis to create its portfolio. The fund employs proprietary research to create its portfolio. Trust for Professional Managers - ActivePassive Intermediate Municipal Bond ETF ETF was formed on May 2, 2023 and is domiciled in the United States.