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NYSEARCA:FSMB

First Trust Short Duration Managed Municipal ETF (FSMB) Price, Holdings, & News

First Trust Short Duration Managed Municipal ETF logo
$19.73 -0.02 (-0.10%)
Closing price 09/18/2026 04:10 PM Eastern
Extended Trading
$19.73 0.00 (0.00%)
As of 09/18/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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About First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

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Key Stats

Today's Range
$19.71
▼
$19.82
50-Day Range
$19.73
▼
$20.00
52-Week Range
$19.70
▼
$20.25
Volume
244,930 shs
Average Volume
150,973 shs
Market Capitalization
$617.55 million
Assets Under Management
N/A
Dividend Yield
3.19%
Net Expense Ratio
0.34%
Aggregate Rating
N/A

ETF Overview

The First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation. FSMB was launched on Nov 1, 2018 and is managed by First Trust.

First Trust Short Duration Managed Municipal ETF Expenses

TypeFSMBBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.34%0.30%0.31%0.50%0.53%
Other Expenses0.00%1.07%0.31%0.60%0.54%
Total Expense0.34%0.54%0.41%0.75%0.73%
Fee Waiver0.00%-0.79%-0.35%-0.78%-0.68%
Net Expense0.34%0.41%0.35%0.57%0.60%
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FSMB ETF News Headlines

First Trust Short Duration Managed Municipal ETF
August 1, 2026  |  barrons.comhttps://www.barrons.com/market-data/funds/fsmb
First Trust Ultra Short Duration Municipal ETF declares monthly distribution of $0.0440
July 22, 2026  |  msn.comhttps://www.msn.com/en-us/money/mutualfunds/first-trust-ultra-short-duration-municipal-etf-declares-monthly-distribution-of-00440/ar-AA28oaXp
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September 20 at 1:00 AM  |  Porter & Company (Ad)
First Trust Ultra Short Duration Municipal ETF declares monthly distribution of $0.0450
June 25, 2026  |  msn.comhttps://www.msn.com/en-us/money/mutualfunds/first-trust-ultra-short-duration-municipal-etf-declares-monthly-distribution-of-00450/ar-AA26xMcT
First Trust Ultra Short Duration Municipal ETF (FUMB)
May 30, 2026  |  finance.yahoo.comhttps://finance.yahoo.com/quote/FUMB/
First Trust Short Dur Mgd Muncpl ETF
April 9, 2026  |  money.usnews.comhttps://money.usnews.com/funds/etfs/muni-national-short/first-trust-short-dur-mgd-muncpl-etf/fsmb
See More Headlines

FSMB ETF - Frequently Asked Questions

First Trust Short Duration Managed Municipal ETF's stock was trading at $20.05 at the start of the year. Since then, FSMB shares have decreased by 1.6% and is now trading at $19.73.

Top institutional investors of First Trust Short Duration Managed Municipal ETF include Corient Private Wealth LP (2.74%), Waverly Advisors LLC (2.24%), XML Financial LLC (1.66%) and NewEdge Advisors LLC (1.63%).

Shares of FSMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Short Duration Managed Municipal ETF investors own include FT Vest U.S. Equity Deep Buffer ETF - December (DDEC), Cornerstone Total Return Fund (CRF), Cencora (COR), Citizens (CIZN), Calamos Global Dynamic Income Fund (CHW), ChargePoint (CHPT) and Berkshire Hathaway (BRK.B).

Fund Details

Issuer
First Trust
Fund Name
First Trust Short Duration Managed Municipal ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:FSMB
Inception Date
11/1/2018
Fund Manager
Johnathan Wilhelm, Tom Futrell
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
560

Fund Statistics

Assets Under Management
$0.00
Average Daily Volume
$214.75 thousand
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
Optionable
Options Volume
150
Put Options
50
Call Options
100
Short Interest
23,814 shs

Miscellaneous

Outstanding Shares
31,300,000
Beta
0.11
Creation Unit
50,000
Creation Fee
$500.00
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Top 10 FSMB Holdings

  • Cash
    Holding Weight: 1.02%
  • SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%
    Holding Weight: 1.00%
  • OHIO ST AIR QUALITY DEV AUTH REV 4.25%
    Holding Weight: 0.77%
  • PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3%
    Holding Weight: 0.69%
  • DALLAS FORT WORTH TEX INTL ARPT REV 5%
    Holding Weight: 0.68%
  • COLORADO HEALTH FACS AUTH REV 5%
    Holding Weight: 0.67%
  • WHITING IND ENVIRONMENTAL FACS REV 4.4%
    Holding Weight: 0.67%
  • MOBILE ALA INDL DEV BRD POLLUTN CTL REV 3.28%
    Holding Weight: 0.64%
  • ST JOHN BAPTIST PARISH LA REV 3.3%
    Holding Weight: 0.64%
  • UTAH CNTY UTAH HOSP REV 3.1%
    Holding Weight: 0.64%
Full Holdings Details

FSMB Sector Exposure

FSMB Industry Exposure


This page (NYSEARCA:FSMB) was last updated on 9/20/2026 by MarketBeat.com Staff.
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