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FMB - First Trust Managed Municipal ETF

Stock Price: $57.02 USD -0.03 (-0.05%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
Assets $2.08B
NAV $57.03
Expense Ratio 0.50%
PE Ratio n/a
Beta (5Y) 0.04
Dividend (ttm) $1.21
Dividend Yield 2.13%
Ex-Dividend Date Mar 25, 2021
1-Year Return -
Trading Day April 20
Last Price $57.02
Previous Close $57.05
Change ($) -0.03
Change (%) -0.05%
Day's Open 57.17
Day's Range 57.02 - 57.17
Day's Volume 107,062
52-Week Range 51.49 - 57.42

Fund Description

The investment seeks to generate current income that is exempt from regular federal income taxes and its secondary objective is long term capital appreciation. Under normal market conditions, the fund seeks 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.

Asset Class
Fixed Income
Sector
Bonds
Region
North America
Inception Date
May 13, 2014
Exchange
NASDAQ
Ticker Symbol
FMB
Index Tracked
BofA Merrill Lynch National Long-Term Core Plus Municipal Securities Index

Top 10 Holdings

6.98% of assets
NameSymbolWeight
Us Dollarsn/a1.93%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%n/a0.89%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%n/a0.72%
COLORADO HEALTH FACS AUTH REV 4%n/a0.59%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%n/a0.52%
NEW YORK N Y 0.21%n/a0.51%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%n/a0.49%
MICHIGAN FIN AUTH REV 5%n/a0.46%
WILSONVILLE ALA INDL DEV BRD SOLID WASTE DISP REV 0.09%n/a0.44%
GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%n/a0.44%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 25, 2021$0.0975Mar 31, 2021
Feb 23, 2021$0.0975Feb 26, 2021
Jan 21, 2021$0.0975Jan 29, 2021
Dec 24, 2020$0.0975Dec 31, 2020
Nov 24, 2020$0.1025Nov 30, 2020
Oct 21, 2020$0.1025Oct 30, 2020
Full Dividend History

News

As global central banks embark on a rate cut journey, global bond yields took a hit, benefiting these bond ETFs.

Other tickers mentioned: BNDX, BWX, IAGG, IBND, IGOV, LTPZ, ZROZ
1 year ago - Zacks Investment Research