First Trust Short Duration Managed Municipal ETF (FSMB)

NYSEARCA: FSMB · Real-Time Price · USD
19.90
+0.03 (0.16%)
Feb 21, 2025, 3:59 PM EST - Market closed
0.16%
Assets $444.64M
Expense Ratio 0.55%
PE Ratio n/a
Shares Out 22.30M
Dividend (ttm) $0.59
Dividend Yield 2.95%
Ex-Dividend Date Feb 21, 2025
Payout Ratio n/a
1-Year Return +0.05%
Volume 31,650
Open 19.89
Previous Close 19.87
Day's Range 19.88 - 19.91
52-Week Low 19.65
52-Week High 20.11
Beta 0.10
Holdings 445
Inception Date Nov 1, 2018

About FSMB

Fund Home Page

The 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.

Asset Class Fixed Income
Category Muni National Short
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FSMB
ETF Provider First Trust

Dividends

Ex-Dividend Amount Pay Date
Feb 21, 2025 $0.051 Feb 28, 2025
Jan 22, 2025 $0.051 Jan 31, 2025
Dec 13, 2024 $0.050 Dec 31, 2024
Nov 21, 2024 $0.050 Nov 29, 2024
Oct 22, 2024 $0.050 Oct 31, 2024
Sep 26, 2024 $0.050 Sep 30, 2024
Full Dividend History

News

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 ...

6 months ago - Seeking Alpha

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...

3 years ago - Seeking Alpha