NASDAQ:FMB

First Trust Managed Municipal ETF (FMB) Price, Holdings, & News

$49.07

-0.08 (-0.16%)

(As of 09/26/2023 ET)

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Today's Range: $49.00
▼
$49.12
50-Day Range: $49.15
▼
$50.98
52-Week Range: $48.07
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$51.63

Volume: 384,059 shs
Average Volume: 195,551 shs
Market Capitalization: $1.85 billion

Assets Under Management: $1.86 billion
Dividend Yield: 3.04%
Net Expense Ratio: 0.50%

Profile Chart Dividend Headlines Holdings Short Interest Social Media

About First Trust Managed Municipal ETF (NASDAQ:FMB)

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.

FMB Price History

30 days | 90 days | 365 days | Advanced Chart

FMB ETF News Headlines

August 25, 2023 | msn.com

First Trust Managed Municipal ETF declares monthly distribution of $0.1270

July 21, 2023 | seekingalpha.com

First Trust Short Duration Managed Municipal ETF goes ex-dividend today

September 27, 2023 | Wall Street Fundamentals (Ad)

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April 24, 2023 | msn.com

First Trust Short Duration Managed Municipal ETF declares monthly distribution of $0.0380

April 24, 2023 | msn.com

First Trust Managed Municipal ETF declares monthly distribution of $0.1300

April 22, 2023 | benzinga.com

First Trust Managed Municipal ETF (NASDAQ:FMB), Dividends

March 1, 2023 | wsj.com

First Trust Managed Municipal ETF

December 23, 2022 | msn.com

First Trust Managed Municipal ETF declares monthly distribution of $0.1205

September 27, 2023 | Edge On The Street (Ad)

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July 25, 2022 | seekingalpha.com

First Trust Managed Municipal ETF declares $0.106 dividend

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Fund Details

Issuer: First Trust
Fund Name: First Trust Managed Municipal ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NASDAQ
Current Symbol: NASDAQ:FMB
Inception Date: 5/13/2014
Fund Manager: Tom Futrell, Johnathan Wilhelm
Web: N/A
Phone: 14089961010

Fund Focus

Asset Class: Fixed Income
Benchmark: N/A
Category: Municipals
Focus: Broad Municipals
Development Level: Developed Markets
Region: North America
Number of Holdings: 1336

Fund Statistics

Assets Under Management: $1.86 billion
Average Daily Volume: $296,701.90
Discount/Premium: -0.08%

Administrator, Advisor and Custodian

Administrator: Brown Brothers Harriman & Co.
Advisor: First Trust Advisors L.P.
Custodian: Brown Brothers Harriman & Co.
Distributor: First Trust Portfolios L.P.
Transfer Agent: Brown Brothers Harriman & Co.
Trustee: N/A
Lead Market Maker: Susquehanna

Options

Optionable: N/A
Short Interest: 286,700 shs

Miscellaneous

Outstanding Shares: 37,750,000
Beta: 0.14
Creation Unit: 50,000
Creation Fee: $500.00

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First Trust Managed Municipal ETF Expenses

Type	FMB	Broad Municipals ETFs	Fixed Income ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.65%	0.33%	0.31%	0.47%	0.50%
Other Expenses	0.00%	0.41%	0.27%	0.29%	0.57%
Total Expense	0.65%	0.43%	0.39%	0.56%	0.69%
Fee Waiver	-0.15%	-0.22%	-0.25%	-0.22%	-0.59%
Net Expense	0.50%	0.37%	0.34%	0.51%	0.57%

First Trust Managed Municipal ETF (FMB) Holdings & Exposure

Top 10 FMB Holdings

Us Dollars
Holding Weight: 0.98%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
Holding Weight: 0.80%
MEADE CNTY KY INDL BLDG REV 3.25%
Holding Weight: 0.68%
COLORADO HEALTH FACS AUTH REV 4%
Holding Weight: 0.59%
MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 2.75%
Holding Weight: 0.59%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
Holding Weight: 0.57%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
Holding Weight: 0.57%
ST LUCIE CNTY FLA SOLID WASTE DISP REV 2.75%
Holding Weight: 0.57%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
Holding Weight: 0.51%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
Holding Weight: 0.48%

FMB Sector Exposure

FMB Industry Exposure

Full Holdings Details

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Institutional Ownership

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FMB ETF - Frequently Asked Questions

How have FMB shares performed in 2023?: First Trust Managed Municipal ETF's stock was trading at $50.11 on January 1st, 2023. Since then, FMB stock has decreased by 2.1% and is now trading at $49.07.
View the best growth stocks for 2023 here.
How often does First Trust Managed Municipal ETF pay dividends? What is the dividend yield for First Trust Managed Municipal ETF?: First Trust Managed Municipal ETF announced a monthly dividend on Thursday, September 21st. Investors of record on Monday, September 25th will be paid a dividend of $0.1275 per share on Friday, September 29th. This represents a $1.53 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date is Friday, September 22nd.
Read our dividend analysis for FMB.
What does FMB invest in?: First Trust Managed Municipal ETF is a fixed income fund issued by First Trust. FMB focuses on broad municipals investments. The fund's investments total to approximately $1.86 billion assets under management.
What is the management fee for First Trust Managed Municipal ETF?: First Trust Managed Municipal ETF's management fee is 0.65% and has no other recorded expenses. However, FMB has a fee waiver of -0.15% to reimburse the expenses. The net expense ratio for FMB is 0.50%.
What other stocks do shareholders of First Trust Managed Municipal ETF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Managed Municipal ETF investors own include First Trust Senior Loan ETF (FTSL), WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD), First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS), International Business Machines (IBM), Illinois Tool Works (ITW), First Trust Low Duration Opportunities ETF (LMBS) and Franklin U.S. Low Volatility High Dividend Index ETF (LVHD).
What is First Trust Managed Municipal ETF's stock symbol?: First Trust Managed Municipal ETF trades on the NASDAQ under the ticker symbol "FMB."

Who are First Trust Managed Municipal ETF's major shareholders?: First Trust Managed Municipal ETF's stock is owned by a variety of institutional and retail investors. Top institutional investors include LPL Financial LLC (5.37%), Wells Fargo & Company MN (4.77%), Avantax Planning Partners Inc. (2.50%), Sequoia Financial Advisors LLC (1.97%), Congress Wealth Management LLC DE (1.85%) and Raymond James Financial Services Advisors Inc. (1.72%).
How do I buy shares of First Trust Managed Municipal ETF?: Shares of FMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is First Trust Managed Municipal ETF's stock price today?: One share of FMB stock can currently be purchased for approximately $49.07.
How much money does First Trust Managed Municipal ETF make?: First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.85 billion.
How many employees does First Trust Managed Municipal ETF have?: The company employs 147,000 workers across the globe.
How can I contact First Trust Managed Municipal ETF?: The company can be reached via phone at 14089961010.

This page (NASDAQ:FMB) was last updated on 9/27/2023 by MarketBeat.com Staff

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