AUM $623.1MER 0.34%NAV $19.84Holdings 485Inception Nov 2018
Price Chart
Key Statistics
Previous Close
$19.80Day Range
$19.74$19.79
52-Week Range
$19.75$20.24
Avg Volume
136.3KDividend Yield
3.09%Expense Ratio
0.34%AUM
$623.1MShares Outstanding
31.5METF 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
- Inception Date
- Nov 1, 2018
- Exchange
- NYSE_ARCA
- Description
- The First Trust Short Duration Managed Municipal ETF seeks to provide federally tax-exempt income consistent with capital preservation. Under normal market conditions, the Fund seeks to achieve its investment objective 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 Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund issued by First Trust that launched on Nov 1, 2018. It currently manages $623.1M in assets under management. The fund charges an expense ratio of 0.34%. The fund holds 485 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 7.1% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL Variable rate, due 11/01/2055 | 1.01% | 6,000,000 | $6.3M |
| 2 | — | OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039 | 0.77% | 4,765,000 | $4.8M |
| 3 | — | PUBLIC FIN AUTH WI POLL CONTROL REV Variable rate, due 10/01/2046 | 0.69% | 4,280,000 | $4.3M |
| 4 | — | DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2031 | 0.69% | 4,000,000 | $4.3M |
| 5 | — | COLORADO ST HLTH FACS AUTH REV Variable rate, due 11/15/2060 | 0.68% | 3,925,000 | $4.2M |
| 6 | — | WHITING IN ENVRNMNTL FACS REV Variable rate, due 11/01/2045 | 0.68% | 4,110,000 | $4.2M |
| 7 | — | SAINT JOHN THE BAPTIST PARISH LA Variable rate, due 06/01/2037 | 0.65% | 4,000,000 | $4.0M |
| 8 | — | UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/2058 | 0.65% | 4,000,000 | $4.0M |
| 9 | — | MAIN STREET ENERGY INC ENERGY PROJ REV 5%, due 12/01/2033 | 0.62% | 3,700,000 | $3.9M |
| 10 | — | BURKE CNTY GA DEV AUTH POLL CTRL REV Variable rate, due 11/01/2052 | 0.62% | 3,800,000 | $3.8M |
| 11 | — | PALM BEACH CNTY FL HLTH FACS AUTH 5%, due 11/15/2032 | 0.60% | 3,715,000 | $3.7M |
| 12 | — | NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2044 | 0.57% | 3,500,000 | $3.5M |
| 13 | — | KENTUCKY ST PUBLIC ENERGY AUTH Variable rate, due 06/01/2055 | 0.56% | 3,290,000 | $3.5M |
| 14 | — | BLACK BELT ENERGY GAS DIST AL Variable rate, due 07/01/2052 | 0.55% | 3,385,000 | $3.4M |
| 15 | — | BLACK BELT ENERGY GAS DIST AL N/C, 5%, due 12/01/2031 | 0.54% | 3,240,000 | $3.4M |
Page 1 of 10
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.23% | |
| 1W | -0.40% | |
| 1M | -1.00% | |
| 3M | -1.32% | |
| 6M | -1.84% | |
| YTD | -1.50% | |
| 1Y | -1.94% | |
| 3Y | +0.66% | |
| 5Y | -5.68% |
Moving Averages
20-Day MA
$19.89
Below 20-Day MA50-Day MA
$19.92
Below 50-Day MA200-Day MA
$20.02
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$20.24
Current Price
$19.75
52-Week Low
$19.75
$19.75$20.24
Current Yield
3.09%
Annual Dividend
$0.2120
Frequency
12x/year
Last Ex-Date
Aug 21, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Aug 21, 2026 | $0.0530 | Aug 31, 2026 |
| Jul 21, 2026 | $0.0530 | Jul 31, 2026 |
| Jun 25, 2026 | $0.0530 | Jun 30, 2026 |
| May 21, 2026 | $0.0530 | May 29, 2026 |
| Apr 21, 2026 | $0.0530 | Apr 30, 2026 |
| Mar 26, 2026 | $0.0530 | Mar 31, 2026 |
| Feb 20, 2026 | $0.0530 | Feb 27, 2026 |
| Jan 21, 2026 | $0.0530 | Jan 30, 2026 |
| Dec 12, 2025 | $0.0520 | Dec 31, 2025 |
| Nov 21, 2025 | $0.0520 | Nov 28, 2025 |
| Oct 21, 2025 | $0.0520 | Oct 31, 2025 |
| Sep 25, 2025 | $0.0520 | Sep 30, 2025 |
| Aug 21, 2025 | $0.0520 | Aug 29, 2025 |
| Jul 22, 2025 | $0.0520 | Jul 31, 2025 |
| Jun 26, 2025 | $0.0520 | Jun 30, 2025 |
| May 21, 2025 | $0.0510 | May 30, 2025 |
| Apr 22, 2025 | $0.0510 | Apr 30, 2025 |
| Mar 27, 2025 | $0.0510 | Mar 31, 2025 |
| Feb 21, 2025 | $0.0510 | Feb 28, 2025 |
| Jan 22, 2025 | $0.0510 | Jan 31, 2025 |
Dividend Payments Over Time
Category Comparison
| Metric | FSMB | Cash & Others(1011 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.34% | 0.63% | 0.69% |
| AUM | $623.1M | $2.88B | $1.60B |
| Dividend Yield | 3.09% | 9.39% | 11.21% |
| Avg Volume | 136.3K | 939.1K | 221.2K |
| Holdings | 485 | 392 | 190 |
| Performance | |||
| 1-Month Return | -0.75% | +1.61% | -0.45% |
| 6-Month Return | — | -0.79% | -0.70% |
| YTD Return | -1.27% | +6.91% | -1.21% |
| 1-Year Return | — | +1.82% | +6.52% |
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