ATLASActivePassive Core Bond ETF (APCB): outlook, holdings and fees
ActivePassive Core Bond ETF (APCB) is an exchange-traded fund and is managed by Active Passive Funds. The expense ratio is 0.37% and the yield is 4.18%. The ten largest holdings are 27% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on APCB
| Last price | $28.65 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 69% |
| Likely 1-month range (50%) | $28.58 – $29.05 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 4.18% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
APCB fund facts
| Issuer | Active Passive Funds |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $988M |
| Expense ratio | 0.37% |
| Number of holdings | 4 |
| Portfolio turnover | 0% |
| Inception | May 2, 2023 |
| Exchange | NYSE |
The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the Bloomberg U.S. Aggregate Bond Index (the "underlying index"). Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds and other fixed incomesecurities that are rated investment grade or better and up to 20% of its net assets in high yield debt securities,also known as "junk bonds.
APCB top holdings
| Holding | Sector | Weight |
|---|---|---|
| iShares MBS ETF MBB | – | 11.39% |
| Vanguard Charlotte Funds - Vanguard Total International Bond ETF BNDX | – | 10.14% |
| iShares Trust - iShares Core U.S. Aggregate Bond ETF AGG | – | 4.21% |
| First American Funds Inc. - Government Obligations Fund FGXXX | – | 0.83% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
APCB returns and risk
| Year to date | -2.2% |
|---|---|
| 1 year | -1.7% |
| 3 years (annualised) | +4.4% |
| Volatility (3 years) | 4.9% |
| Sharpe ratio (3 years) | -0.08 |
Past returns do not guarantee future results.
APCB: frequently asked questions
What does APCB invest in?
ActivePassive Core Bond ETF invests in a portfolio of securities. Its largest holdings are iShares MBS ETF (11.4%), Vanguard Charlotte Funds - Vanguard Total International Bond ETF (10.1%), iShares Trust - iShares Core U.S. Aggregate Bond ETF (4.2%), First American Funds Inc. - Government Obligations Fund (0.8%).
What is the APCB expense ratio?
0.37% a year: about $37.00 for every $10,000 invested.
What is the APCB dividend yield?
4.18%. ATLAS does not hold the exact distribution dates for ETFs.
Will APCB go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 69%, with a likely range (50%) of $28.58 to $29.05 from $28.65 today. It is a probability, not a prediction.
How has APCB performed?
Year to date -2.2%, one year -1.7%, three years +4.4% a year. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer