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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
$19.80 -0.02 (-0.10%)
Closing price 04:10 PM Eastern
Extended Trading
$19.78 -0.02 (-0.08%)
As of 04:15 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.

About First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

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Key Stats

Today's Range
$19.78
▼
$19.82
50-Day Range
$19.39
▼
$19.85
52-Week Range
$19.36
▼
$20.25
Volume
160,468 shs
Average Volume
171,465 shs
Market Capitalization
$661.32 million
Assets Under Management
$672.24 million
Dividend Yield
3.18%
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%-0.76%-0.67%
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
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First Trust Ultra Short Duration Municipal ETF (FUMB)
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FSMB ETF - Frequently Asked Questions

First Trust Short Duration Managed Municipal ETF's stock was trading at $20.05 at the beginning of the year. Since then, FSMB shares have decreased by 1.2% and is now trading at $19.8050.

First Trust Short Duration Managed Municipal ETF's top institutional investors include HighTower Advisors LLC (2.77%), Commonwealth Equity Services LLC (2.48%), PFS Partners LLC (2.00%) and Vaquero Private Wealth Ltd. (1.88%).

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.

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 Constituents
587

Fund Statistics

Assets Under Management
$672.24 million
Average Daily Volume
$203.58 thousand
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
124,117 shs

Miscellaneous

Beta
0.12
Creation Unit
50,000
Creation Fee
$500.00
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Top 10 FSMB Holdings

  • Cash
    Holding Weight: 1.53%
  • KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%
    Holding Weight: 0.84%
  • CHICAGO ILL O HARE INTL ARPT REV 5%
    Holding Weight: 0.80%
  • OHIO ST AIR QUALITY DEV AUTH REV 4.25%
    Holding Weight: 0.72%
  • COLORADO HEALTH FACS AUTH REV 5%
    Holding Weight: 0.67%
  • WHITING IND ENVIRONMENTAL FACS REV 4.4%
    Holding Weight: 0.63%
  • EFFINGHAM CNTY GA INDL DEV AUTH POLLUTION CTL REV 2%
    Holding Weight: 0.60%
  • MOBILE ALA INDL DEV BRD POLLUTN CTL REV 2.03%
    Holding Weight: 0.60%
  • PINELLAS CNTY FLA HSG FIN AUTH MULTIFAMILY HSG REV 3.75%
    Holding Weight: 0.60%
  • ST JOHN BAPTIST PARISH LA REV 3.3%
    Holding Weight: 0.60%

FSMB Sector Exposure

FSMB Industry Exposure


This page (NYSEARCA:FSMB) was last updated on 11/12/2026 by MarketBeat.com Staff.
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