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NASDAQ:FMB

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

$49.45
-0.18 (-0.36%)
(As of 01:07 PM ET)
Compare
Today's Range
$49.41
▼
$49.56
50-Day Range
$49.63
▼
$50.98
52-Week Range
$48.07
▼
$51.63
Volume
88,129 shs
Average Volume
192,919 shs
Market Capitalization
$1.87 billion
Assets Under Management
$1.88 billion
Dividend Yield
3.01%
Net Expense Ratio
0.50%
ProfileChartDividendHeadlinesHoldingsShort InterestSocial Media
FMB stock logo

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

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 22, 2023 | Behind the Markets (Ad)
BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
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 22, 2023 | Behind the Markets (Ad)
BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
July 25, 2022 | seekingalpha.com
First Trust Managed Municipal ETF declares $0.106 dividend
See More Headlines
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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
1335

Fund Statistics

Assets Under Management
$1.88 billion
Average Daily Volume
$296,701.90
Discount/Premium
-0.04%

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

TypeFMBBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.65%0.33%0.31%0.47%0.50%
Other Expenses0.00%0.41%0.26%0.29%0.57%
Total Expense0.65%0.43%0.39%0.56%0.69%
Fee Waiver-0.15%-0.22%-0.24%-0.22%-0.59%
Net Expense0.50%0.37%0.34%0.52%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













FMB ETF - Frequently Asked Questions

How have FMB shares performed in 2023?

First Trust Managed Municipal ETF's stock was trading at $50.11 at the beginning of the year. Since then, FMB shares have decreased by 1.1% and is now trading at $49.54.
View the best growth stocks for 2023 here.

Are investors shorting First Trust Managed Municipal ETF?

First Trust Managed Municipal ETF saw a increase in short interest in August. As of August 31st, there was short interest totaling 286,700 shares, an increase of 5.0% from the August 15th total of 273,000 shares. Based on an average daily volume of 155,700 shares, the short-interest ratio is currently 1.8 days.
View First Trust Managed Municipal ETF's Short Interest.

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 declared a monthly dividend on Monday, August 21st. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.1275 per share on Thursday, August 31st. This represents a $1.53 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend is Tuesday, August 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 $1.88 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 number of retail and institutional 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 $49.54.

How much money does First Trust Managed Municipal ETF make?

First Trust Managed Municipal ETF (NASDAQ:FMB) has a market capitalization of $1.87 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 9/22/2023 by MarketBeat.com Staff

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