First Trust Short Duration Managed Municipal ETF (FSMB)
| Assets | $579.90M |
| Expense Ratio | 0.34% |
| PE Ratio | n/a |
| Shares Out | 28.90M |
| Dividend (ttm) | $0.62 |
| Dividend Yield | 3.10% |
| Ex-Dividend Date | Feb 20, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 98,731 |
| Open | 20.16 |
| Previous Close | 20.13 |
| Day's Range | 20.12 - 20.16 |
| 52-Week Low | 19.47 |
| 52-Week High | 20.25 |
| Beta | 0.11 |
| Holdings | 535 |
| Inception Date | Nov 1, 2018 |
About FSMB
Fund Home PageThe First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation. FSMB was launched on Nov 1, 2018 and is issued by First Trust.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 20, 2026 | $0.053 | Feb 27, 2026 |
| Jan 21, 2026 | $0.053 | Jan 30, 2026 |
| Dec 12, 2025 | $0.052 | Dec 31, 2025 |
| Nov 21, 2025 | $0.052 | Nov 28, 2025 |
| Oct 21, 2025 | $0.052 | Oct 31, 2025 |
| Sep 25, 2025 | $0.052 | Sep 30, 2025 |
Performance
FSMB had a total return of 4.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.23%.
News
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...