First Trust Managed Municipal ETF (FMB)

Assets	$2.01B
Expense Ratio	0.39%
PE Ratio	n/a
Shares Out	39.25M
Dividend (ttm)	$1.78
Dividend Yield	3.48%
Ex-Dividend Date	Apr 21, 2026
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	73,264
Open	51.19
Previous Close	51.22
Day's Range	51.08 - 51.19
52-Week Low	49.28
52-Week High	52.03
Beta	0.27
Holdings	1258
Inception Date	May 13, 2014

About FMB

Fund Home Page

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 issued by First Trust.

• Asset Class: Fixed Income
• Category: Muni National Interm
• Region: North America
• Stock Exchange: NASDAQ
• Ticker Symbol: FMB
• ETF Provider: First Trust

Dividend History

Ex-Dividend	Amount	Pay Date
Apr 21, 2026	$0.156	Apr 30, 2026
Mar 26, 2026	$0.155	Mar 31, 2026
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

Performance

FMB had a total return of 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.93%.