AUM $589.8MER 0.34%NAV $19.99Holdings 485Inception Nov 2018
Price Chart
Key Statistics
Previous Close
$20.01Day Range
$19.99$20.01
52-Week Range
$19.74$20.24
Avg Volume
126.1KDividend Yield
3.09%Expense Ratio
0.34%AUM
$589.8MShares Outstanding
29.1METF 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 $589.8M 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 7.3% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL Variable rate, due 11/01/2055 | 1.10% | 0 | $6.4M |
| 2 | — | UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/2058 | 0.86% | 0 | $5.0M |
| 3 | — | OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039 | 0.82% | 0 | $4.8M |
| 4 | — | PUBLIC FIN AUTH WI POLL CONTROL REV Variable rate, due 10/01/2046 | 0.73% | 0 | $4.3M |
| 5 | — | SAINT JOHN THE BAPTIST PARISH LA Variable rate, due 06/01/2037 | 0.69% | 0 | $4.0M |
| 6 | — | MAIN STREET ENERGY INC ENERGY PROJ 5%, due 12/01/2033 | 0.67% | 0 | $3.9M |
| 7 | — | PALM BEACH CNTY FL HLTH FACS AUTH 5%, due 11/15/2032 | 0.64% | 0 | $3.7M |
| 8 | — | NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2044 | 0.60% | 0 | $3.5M |
| 9 | — | BLACK BELT ENERGY GAS DIST AL N/C, 5%, due 12/01/2031 | 0.59% | 0 | $3.5M |
| 10 | — | BLACK BELT ENERGY GAS DIST AL Variable rate, due 07/01/2052 | 0.59% | 0 | $3.4M |
| 11 | — | NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH Variable rate, due 06/01/2054 | 0.58% | 0 | $3.4M |
| 12 | — | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REV Variable rate, due 05/01/2042 | 0.54% | 0 | $3.2M |
| 13 | — | LOS ANGELES CA DEPT OF ARPTS 5%, due 05/15/2035 | 0.54% | 0 | $3.1M |
| 14 | — | ALLEGHENY CNTY PA HOSP DEV AUTH 5%, due 04/01/2035 | 0.53% | 0 | $3.1M |
| 15 | — | WHITING IN ENVRNMNTL FACS REV Variable rate, due 12/01/2044 | 0.53% | 0 | $3.1M |
Page 1 of 10
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.07% | |
| 1W | -0.22% | |
| 1M | +0.23% | |
| 3M | -0.52% | |
| 6M | -0.27% | |
| YTD | -0.27% | |
| 1Y | +1.29% | |
| 3Y | +0.88% | |
| 5Y | -4.19% |
Moving Averages
20-Day MA
$20.00
Below 20-Day MA50-Day MA
$20.08
Below 50-Day MA200-Day MA
$20.06
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$20.24
Current Price
$20.00
52-Week Low
$19.74
$19.74$20.24
Current Yield
3.09%
Annual Dividend
$0.2100
Frequency
12x/year
Last Ex-Date
Feb 20, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 13, 2024 | $0.0500 | Dec 31, 2024 |
| Nov 21, 2024 | $0.0500 | Nov 29, 2024 |
| Oct 22, 2024 | $0.0500 | Oct 31, 2024 |
| Sep 26, 2024 | $0.0500 | Sep 30, 2024 |
| Aug 21, 2024 | $0.0490 | Aug 30, 2024 |
| Jul 23, 2024 | $0.0480 | Jul 31, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | FSMB | Cash & Others(1004 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.34% | 0.62% | 0.72% |
| AUM | $589.8M | $2.70B | $1.48B |
| Dividend Yield | 3.09% | 9.44% | 11.21% |
| Avg Volume | 126.1K | 1.2M | 219.1K |
| Holdings | 485 | 379 | 161 |
| Performance | |||
| 1-Month Return | +0.10% | +1.49% | +2.23% |
| 6-Month Return | -0.30% | -2.27% | -2.79% |
| YTD Return | -0.20% | +0.42% | -0.93% |
| 1-Year Return | +1.78% | +5.38% | +4.59% |
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