First Trust Short Duration Managed Municipal ETF (FSMB)

NYSEARCA: FSMB · Real-Time Price · USD
20.00
+0.02 (0.08%)
Dec 3, 2024, 12:37 PM EST - Market open
0.08%
Assets $419.55M
Expense Ratio 0.55%
PE Ratio n/a
Shares Out 21.05M
Dividend (ttm) $0.56
Dividend Yield 2.78%
Ex-Dividend Date Oct 22, 2024
Payout Ratio n/a
1-Year Return +1.01%
Volume 53,638
Open 20.02
Previous Close 19.98
Day's Range 19.98 - 20.02
52-Week Low 19.65
52-Week High 20.11
Beta 0.10
Holdings 452
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
Oct 22, 2024 $0.050 Oct 31, 2024
Sep 26, 2024 $0.050 Sep 30, 2024
Aug 21, 2024 $0.049 Aug 30, 2024
Jul 23, 2024 $0.048 Jul 31, 2024
Jun 27, 2024 $0.048 Jun 28, 2024
May 21, 2024 $0.047 May 31, 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 ...

3 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