First Trust Short Duration Managed Municipal ETF (FSMB)

NYSEARCA: FSMB · Real-Time Price · USD
20.03
+0.01 (0.07%)
Aug 13, 2025, 4:00 PM - Market closed
0.07%
Assets $478.33M
Expense Ratio 0.55%
PE Ratio n/a
Shares Out 23.70M
Dividend (ttm) $0.61
Dividend Yield 3.04%
Ex-Dividend Date Jul 22, 2025
Payout Ratio n/a
1-Year Return +0.23%
Volume 46,080
Open 20.03
Previous Close 20.01
Day's Range 20.02 - 20.03
52-Week Low 19.47
52-Week High 20.11
Beta 0.10
Holdings 459
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
Jul 22, 2025 $0.052 Jul 31, 2025
Jun 26, 2025 $0.052 Jun 30, 2025
May 21, 2025 $0.051 May 30, 2025
Apr 22, 2025 $0.051 Apr 30, 2025
Mar 27, 2025 $0.051 Mar 31, 2025
Feb 21, 2025 $0.051 Feb 28, 2025
Full Dividend History

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...

5 months ago - Seeking Alpha

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 ...

1 year 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...

4 years ago - Seeking Alpha