Trust for Professional Managers - ActivePassive Core Bond ETF is an exchange traded fund launched by Trust for Professional Managers. The fund is co-managed by Envestnet Asset Management, Inc., Neuberger Berman Investment Advisers LLC and Sage Advisory Services, Ltd. Co. The fund invests in the fixed income markets of the United States. It invests in investment grade and high yield debt 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 the Bloomberg U.S. Aggregate Bond 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 Core Bond ETF was formed on May 2, 2023 and is domiciled in the United States.