First Trust Managed Municipal ETF (FMB)
| Assets | $1.97B |
| Expense Ratio | 0.39% |
| PE Ratio | n/a |
| Shares Out | 38.15M |
| Dividend (ttm) | $1.75 |
| Dividend Yield | 3.37% |
| Ex-Dividend Date | Feb 20, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 81,018 |
| Open | 51.83 |
| Previous Close | 51.82 |
| Day's Range | 51.80 - 51.88 |
| 52-Week Low | 48.19 |
| 52-Week High | 51.90 |
| Beta | 0.27 |
| Holdings | 1222 |
| Inception Date | May 13, 2014 |
About FMB
Fund Home PageThe 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 issued by First Trust.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 20, 2026 | $0.155 | Feb 27, 2026 |
| Jan 21, 2026 | $0.154 | Jan 30, 2026 |
| Dec 12, 2025 | $0.147 | Dec 31, 2025 |
| Nov 21, 2025 | $0.147 | Nov 28, 2025 |
| Oct 21, 2025 | $0.146 | Oct 31, 2025 |
| Sep 25, 2025 | $0.146 | Sep 30, 2025 |
Performance
FMB had a total return of 4.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.
News
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to ...
Municipal Bond Funds: Time To Shine Or Curtain Call?
Municipal bonds are back to offer compelling risk-adjusted opportunities, but future decisions from Washington can either act as a tailwind or headwind. Municipal bond funds saw net inflows during 202...
Municipal Fixed Income: Shelter From The Storm?
Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer ...
Muni Investors Stay Flexible As Rates Rise
Truly active managers shine in challenging investment environments, especially when they are given a flexible mandate. With tax-loss harvesting, active investors can deliberately sell at a loss to off...