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NASDAQ:FMB

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

First Trust Managed Municipal ETF logo
$51.35 +0.05 (+0.10%)
(As of 11/22/2024 ET)

About First Trust Managed Municipal ETF (NASDAQ:FMB)

Key Stats

Today's Range
$51.31
$51.40
50-Day Range
$50.75
$52.08
52-Week Range
$48.10
$52.13
Volume
128,730 shs
Average Volume
155,012 shs
Market Capitalization
$2.04 billion
Assets Under Management
$2.02 billion
Dividend Yield
2.90%
Net Expense Ratio
0.65%
Aggregate Rating
N/A

ETF Overview

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.

First Trust Managed Municipal ETF Expenses

TypeFMBBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.65%0.32%0.33%0.50%0.52%
Other Expenses0.00%0.57%0.26%0.41%0.53%
Total Expense0.65%0.46%0.40%0.63%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.32%-0.57%
Net Expense0.65%0.41%0.36%0.56%0.59%
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FMB ETF News Headlines

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FMB ETF - Frequently Asked Questions

First Trust Managed Municipal ETF's stock was trading at $51.66 at the beginning of the year. Since then, FMB shares have decreased by 0.6% and is now trading at $51.35.
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First Trust Managed Municipal ETF's top institutional investors include LPL Financial LLC (6.32%), Miracle Mile Advisors LLC (1.53%), OneDigital Investment Advisors LLC (1.06%) and Raymond James & Associates (0.97%).

Shares of FMB 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Managed Municipal ETF investors own include First Trust Senior Loan ETF (FTSL), Southern (SO), UnitedHealth Group (UNH), WPP (WPP), WisdomTree U.S. Quality Dividend Growth Fund (DGRW), First Trust TCW Opportunistic Fixed Income ETF (FIXD) and PepsiCo (PEP).

Fund Details

Issuer
First Trust
Fund Name
First Trust Managed Municipal ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FMB
Inception Date
5/13/2014
Fund Manager
Tom Futrell, Johnathan Wilhelm
Web
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
1332

Fund Statistics

Assets Under Management
$2.02 billion
Average Daily Volume
$163,878.20
Discount/Premium
-0.03%

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
154,800 shs

Miscellaneous

Beta
0.14
Creation Unit
50,000
Creation Fee
$500.00
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Top 10 FMB Holdings

  • MEADE CNTY KY INDL BLDG REV 4.75%
    Holding Weight: 0.82%
  • MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
    Holding Weight: 0.74%
  • BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
    Holding Weight: 0.51%
  • NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
    Holding Weight: 0.51%
  • METROPOLITAN TRANSN AUTH N Y REV 4.35%
    Holding Weight: 0.50%
  • TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%
    Holding Weight: 0.48%
  • ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%
    Holding Weight: 0.47%
  • ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
    Holding Weight: 0.45%
  • NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
    Holding Weight: 0.43%
  • PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%
    Holding Weight: 0.42%

FMB Sector Exposure

FMB Industry Exposure


This page (NASDAQ:FMB) was last updated on 11/23/2024 by MarketBeat.com Staff
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