First Trust Managed Municipal ETF (FMB)

Assets	$1.95B
Expense Ratio	0.39%
PE Ratio	n/a
Forward PE	n/a
Shares Out	40.35M
Dividend	$1.85 (3.80%)
Ex-Dividend Date	Sep 24, 2026
Payout Frequency	Monthly
Payout Ratio	n/a

Volume	11,181
Open	48.58
Previous Close	48.65
Day's Range	48.56 - 48.66
52-Week Low	47.39
52-Week High	52.03
Beta	0.26
Holdings	1250
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
Sep 24, 2026	$0.159	Sep 30, 2026
Aug 21, 2026	$0.158	Aug 31, 2026
Jul 21, 2026	$0.157	Jul 31, 2026
Jun 25, 2026	$0.157	Jun 30, 2026
May 21, 2026	$0.156	May 29, 2026
Apr 21, 2026	$0.156	Apr 30, 2026

Performance

FMB had a total return of -1.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.53%.

Data Sources: S&P Global Market Intelligence, CBOE, and more

Historical data is provided by S&P Global Market Intelligence. Real-time stock price data is provided by CBOE and 15-minute delayed consolidated tape pricing data is provided by Nasdaq UTP. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error