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Smart Investors Daily
ZM

NYSE · ZMUN

F/m Ultrashort Tax-Free Municipal ETF

Financial Services · Asset Management

$49.87

Down-$0.02 (-0.03%)

Updated Sep 20, 2026, 2:56 AM

SID Score

3.4/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
1M
P/E ratio
Dividend yield
0.39%
52-week range
$49.77 – $50.51
Volume
4.49K
Avg. volume
5.8K

Price performance

ZMUN price history

1M range · 19 trading sessions · Daily adjusted prices

ZMUN closed at $49.87 after 19 trading sessions, down 0.46% for the selected period.

Last close
$49.87
Period change
-0.46%
Period low
$49.84
Period high
$50.10
Daily close
View OHLC price history
ZMUN OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 18, 2026$49.84$49.91$49.84$49.8654.49K
Sep 17, 2026$49.855$49.88$49.85$49.885.03K
Sep 16, 2026$49.84$49.93$49.835$49.8352.57K
Sep 15, 2026$49.86$49.95$49.845$49.8454.13K
Sep 14, 2026$49.86$49.865$49.85$49.865613.09
Sep 11, 2026$49.85$49.86$49.84$49.851.24K
Sep 10, 2026$49.8799$49.89$49.85$49.8558.27K
Sep 9, 2026$49.96$49.96$49.94$49.9453.76K
Sep 8, 2026$49.90$49.935$49.90$49.9352.09K
Sep 4, 2026$49.9201$49.93$49.9201$49.93517.05
Sep 3, 2026$49.91$50.07$49.91$50.01584.94K
Sep 2, 2026$49.93$49.93$49.9112$49.915793.23
Sep 1, 2026$49.93$49.9397$49.93$49.9351.69K
Aug 31, 2026$49.95$49.95$49.925$49.925332.55
Aug 28, 2026$49.96$49.975$49.96$49.9652.67K
Aug 27, 2026$49.94$50.06$49.94$49.9557.74K
Aug 26, 2026$50.085$50.09$50.085$50.09533.05
Aug 25, 2026$50.09$50.09$50.09$50.09122.05
Aug 24, 2026$50.09$50.12$50.073$50.09536.38K

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ZMUN research

Overview

Company profile and research snapshot.

Company profile

ZMUN is passively managed, providing exposure to US tax-exempt, investment-grade municipal bonds that are either currently callable or will be callable within three months, with coupons of 3.5% or higher. Eligible securities must be fixed-rate, USD-denominated, with maturities between one and ten years. The fund may hold cash, cash equivalents, and money market instruments for liquidity. Conversely, the fund excludes taxable bonds, floating-rate bonds, derivatives, private placements, pre-refunded bonds, and AMT-subject bonds. The underlying index is market-value weighted. The fund may engage in securities lending secured by collateral and reinvest cash collateral in short-term instruments. The fund may also enter reverse repurchase agreements up to one-third of its assets.

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Consensus
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