How have FSMB shares performed in 2024?

First Trust Short Duration Managed Municipal ETF's stock was trading at $19.95 on January 1st, 2024. Since then, FSMB stock has decreased by 0.8% and is now trading at $19.7850. View the best growth stocks for 2024 here .

What does FSMB invest in?

First Trust Short Duration Managed Municipal ETF is a fixed income fund issued by First Trust. FSMB focuses on broad municipals investments. The fund's investments total to approximately $412.41 million assets under management.

What is the management fee for First Trust Short Duration Managed Municipal ETF?

First Trust Short Duration Managed Municipal ETF's management fee is 0.55% and has no other recorded expenses. However, FSMB has a fee waiver of -0.20% to reimburse the expenses. The net expense ratio for FSMB is 0.35%.

Who are First Trust Short Duration Managed Municipal ETF's major shareholders?

First Trust Short Duration Managed Municipal ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include PFS Partners LLC (2.87%), RMR Wealth Builders (2.82%), Naviter Wealth LLC (0.23%), Francis Financial Inc. (0.20%), Occidental Asset Management LLC (0.19%) and Hobart Private Capital LLC (0.16%).

How do I buy shares of First Trust Short Duration Managed Municipal ETF?

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. Compare Top Brokerages Here .

NYSEARCA:FSMB

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

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$19.78

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $19.77
▼
$19.79
50-Day Range: $19.75
▼
$19.93
52-Week Range: $19.31
▼
$19.98

Volume: 132,116 shs
Average Volume: 99,019 shs
Market Capitalization: $427.36 million

Assets Under Management: $412.41 million
Dividend Yield: 1.57%
Net Expense Ratio: 0.35%

Stock Analysis Chart Dividend Holdings Ownership

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About First Trust Short Duration Managed Municipal ETF

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.

FSMB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FSMB ETF News Headlines

February 20, 2024 | businesswire.com

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

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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: 507

Fund Statistics

Assets Under Management: $412.41 million
Average Daily Volume: $82,717.40
Discount/Premium: 0.01%

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: N/A
Short Interest: 44,000 shs

Miscellaneous

Outstanding Shares: 21,600,000
Beta: 0.07
Creation Unit: 50,000
Creation Fee: $500.00

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First Trust Short Duration Managed Municipal ETF Expenses

Type	FSMB	Broad Municipals ETFs	Fixed Income ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.55%	0.33%	0.32%	0.50%	0.51%
Other Expenses	0.00%	0.47%	0.27%	0.64%	0.58%
Total Expense	0.55%	0.44%	0.40%	0.74%	0.70%
Fee Waiver	-0.20%	-0.32%	-0.24%	-0.68%	-0.57%
Net Expense	0.35%	0.37%	0.35%	0.58%	0.58%

First Trust Short Duration Managed Municipal ETF (FSMB) Holdings & Exposure

Top 10 FSMB Holdings

MIAMI-DADE CNTY FLA SEAPORT REV 5%
Holding Weight: 1.03%
Us Dollars
Holding Weight: 1.01%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
Holding Weight: 1.00%
UNIVERSITY TEX PERM UNIV FD 5%
Holding Weight: 0.99%
PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3%
Holding Weight: 0.94%
PEFA INC IOWA GAS PROJ REV 5%
Holding Weight: 0.91%
HENNEPIN CNTY MINN SALES TAX REV 5%
Holding Weight: 0.88%
ROCKPORT IND POLLUTION CTL REV 3.05%
Holding Weight: 0.84%
NORTH CAROLINA MED CARE COMMN HOSP REV 5%
Holding Weight: 0.82%
GAINESVILLE FLA UTILS SYS REV 2.35%
Holding Weight: 0.71%

FSMB Sector Exposure

FSMB Industry Exposure

Full Holdings Details

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Institutional Ownership

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FSMB ETF - Frequently Asked Questions

How have FSMB shares performed in 2024?: First Trust Short Duration Managed Municipal ETF's stock was trading at $19.95 on January 1st, 2024. Since then, FSMB stock has decreased by 0.8% and is now trading at $19.7850.
View the best growth stocks for 2024 here.
What does FSMB invest in?: First Trust Short Duration Managed Municipal ETF is a fixed income fund issued by First Trust. FSMB focuses on broad municipals investments. The fund's investments total to approximately $412.41 million assets under management.
What is the management fee for First Trust Short Duration Managed Municipal ETF?: First Trust Short Duration Managed Municipal ETF's management fee is 0.55% and has no other recorded expenses. However, FSMB has a fee waiver of -0.20% to reimburse the expenses. The net expense ratio for FSMB is 0.35%.

Who are First Trust Short Duration Managed Municipal ETF's major shareholders?: First Trust Short Duration Managed Municipal ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include PFS Partners LLC (2.87%), RMR Wealth Builders (2.82%), Naviter Wealth LLC (0.23%), Francis Financial Inc. (0.20%), Occidental Asset Management LLC (0.19%) and Hobart Private Capital LLC (0.16%).
How do I buy shares of First Trust Short Duration Managed Municipal ETF?: 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.
Compare Top Brokerages Here.

This page (NYSEARCA:FSMB) was last updated on 4/19/2024 by MarketBeat.com Staff

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