AUM $2.01BER 0.39%NAV $51.19Holdings 1,334Inception May 2014
Price Chart
Key Statistics
Previous Close
$51.20Day Range
$51.16$51.24
52-Week Range
$49.32$51.99
Avg Volume
122.9KDividend Yield
3.40%Expense Ratio
0.39%AUM
$2.01BShares Outstanding
38.5METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- First Trust
- Category
- Cash & Others
- Types
- IncomeMunicipal Bond
- Inception Date
- May 13, 2014
- Exchange
- NASDAQ
- Description
- The primary investment objective of the Fund will be to generate current income that is exempt from regular federal income taxes and its secondary objective will be long term capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.
Similar ETFs
The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund issued by First Trust that launched on May 13, 2014. It currently manages $2.01B in assets under management. The fund charges an expense ratio of 0.39%. The fund holds 1334 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 5.2% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | MEADE CNTY KY INDL BLDG REVENUE Variable rate, due 08/01/2061 | 0.81% | 0 | $16.2M |
| 2 | — | MAIN STREET NATURAL GAS INC GA Variable rate, due 09/01/2052 | 0.74% | 0 | $14.7M |
| 3 | — | BLACK BELT ENERGY GAS DIST AL Variable rate, due 10/01/2052 | 0.51% | 0 | $10.1M |
| 4 | — | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV 4%, due 11/01/2037 | 0.50% | 0 | $10.1M |
| 5 | — | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP IV Variable rate, due 01/01/2054 | 0.47% | 0 | $9.3M |
| 6 | — | ENERGY S E AL A COOPERATIVE DIST Variable rate, due 11/01/2053 | 0.46% | 0 | $9.3M |
| 7 | — | ATLANTA GA ARPT PASSENGER FAC CHG REV 4%, due 07/01/2037 | 0.45% | 0 | $9.0M |
| 8 | — | NEW YORK ST DORM AUTH SALES TAX 5%, due 03/15/2038 | 0.42% | 0 | $8.4M |
| 9 | — | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY Variable rate, due 11/01/2051 | 0.41% | 0 | $8.3M |
| 10 | — | PUERTO RICO SALES TAX FING CORP 4.50%, due 07/01/2034 | 0.41% | 0 | $8.3M |
| 11 | — | BLACK BELT ENERGY GAS DIST AL Variable rate, due 10/01/2052 | 0.39% | 0 | $7.7M |
| 12 | — | COLORADO ST HLTH FACS AUTH REV 4%, due 01/01/2040 | 0.38% | 0 | $7.5M |
| 13 | — | SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN 5%, due 05/01/2039 | 0.36% | 0 | $7.3M |
| 14 | — | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP 5.25%, due 12/01/2049 | 0.34% | 0 | $6.9M |
| 15 | — | E BATON ROUGE PARISH LA SWR COMMN REV 4%, due 02/01/2045 | 0.32% | 0 | $6.4M |
Page 1 of 27
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.02% | |
| 1W | -0.30% | |
| 1M | +1.26% | |
| 3M | -0.22% | |
| 6M | +0.11% | |
| YTD | +0.05% | |
| 1Y | +2.94% | |
| 3Y | +0.79% | |
| 5Y | -10.10% |
Moving Averages
20-Day MA
$51.04
Above 20-Day MA50-Day MA
$51.30
Below 50-Day MA200-Day MA
$50.82
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$51.99
Current Price
$51.22
52-Week Low
$49.32
$49.32$51.99
Current Yield
3.40%
Annual Dividend
$0.6110
Frequency
12x/year
Last Ex-Date
Mar 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.1550 | Mar 31, 2026 |
| Feb 20, 2026 | $0.1550 | Feb 27, 2026 |
| Jan 21, 2026 | $0.1540 | Jan 30, 2026 |
| Dec 12, 2025 | $0.1470 | Dec 31, 2025 |
| Nov 21, 2025 | $0.1470 | Nov 28, 2025 |
| Oct 21, 2025 | $0.1460 | Oct 31, 2025 |
| Sep 25, 2025 | $0.1460 | Sep 30, 2025 |
| Aug 21, 2025 | $0.1440 | Aug 29, 2025 |
| Jul 22, 2025 | $0.1440 | Jul 31, 2025 |
| Jun 26, 2025 | $0.1440 | Jun 30, 2025 |
| May 21, 2025 | $0.1420 | May 30, 2025 |
| Apr 22, 2025 | $0.1410 | Apr 30, 2025 |
| Mar 27, 2025 | $0.1400 | Mar 31, 2025 |
| Feb 21, 2025 | $0.1400 | Feb 28, 2025 |
| Jan 22, 2025 | $0.1400 | Jan 31, 2025 |
| Dec 13, 2024 | $0.1390 | Dec 31, 2024 |
| Nov 21, 2024 | $0.1390 | Nov 29, 2024 |
| Oct 22, 2024 | $0.1390 | Oct 31, 2024 |
| Sep 26, 2024 | $0.1390 | Sep 30, 2024 |
| Aug 21, 2024 | $0.1380 | Aug 30, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | FMB | Cash & Others(1004 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.39% | 0.62% | 0.72% |
| AUM | $2.01B | $2.70B | $1.48B |
| Dividend Yield | 3.40% | 9.44% | 11.21% |
| Avg Volume | 122.9K | 1.2M | 219.1K |
| Holdings | 1,334 | 379 | 161 |
| Performance | |||
| 1-Month Return | +1.00% | +1.49% | +2.23% |
| 6-Month Return | +0.03% | -2.27% | -2.79% |
| YTD Return | +0.13% | +0.42% | -0.93% |
| 1-Year Return | +3.63% | +5.38% | +4.59% |
Compare with Another ETF
Search for an ETF to compare with FMB:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.