Rockefeller's RMOP ETF Outperforms Benchmark by 151 Basis Points in First Year
Rockefeller Asset Management celebrates the first anniversary of its municipal bond ETFs - RMOP, RMCA, and RMNY - with impressive performance and growth. RMOP, in particular, has outperformed its benchmark by a significant margin.
RMOP, the Rockefeller Opportunistic Municipal Bond ETF, has seen remarkable success since its inception. As of August 31, 2025, it has returned 0.93%, outperforming its benchmark by 151 basis points. The ETF's benchmark is a blend of 60% Bloomberg High Yield Municipal Index and 40% Municipal Bond Index.
Alex Petrone, Head of Fixed Income at Rockefeller Asset Management, attributes this outperformance to the ETF's active management and rigorous fundamental analysis. The ETF is managed by a team of veteran portfolio managers - Scott Cottier, Mark DeMitry, and Michael Camarella, who joined from Invesco in June 2025. Under their guidance, RMOP has grown to manage $195 million in assets.
Rockefeller Asset Management, serving institutions, financial professionals, and other institutionally minded investors, continues to expand its municipal capabilities. It recently launched the Rockefeller Municipal Opportunities Interval Fund (RKMIX). The firm encourages investors to carefully consider the investment objectives, risks, charges, and expenses before investing in its ETFs.
RMOP's first year has been marked by strong performance, driven by active management and fundamental analysis. With $195 million in assets under management, it stands as a testament to Rockefeller Asset Management's expanding municipal capabilities. As the firm continues to grow, investors are advised to carefully evaluate its ETFs based on their specific investment goals and risk tolerance.
