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First Trust Short Duration Managed Municipal ETF (FSMB): ETF

ETF traded on ARCX under symbol FSMB. Quoted in usd.

First Trust Short Duration Managed Municipal ETF logo

First Trust Short Duration Managed Municipal ETF

+0.03%$19.70
ARCX:FSMBMunicipal Bond
AUM $654.05M·YTD --·Yield --
First Trust Short Duration Managed Municipal ETF logoARCX:FSMB$19.70+0.03%
About FSMB

First Trust Exchange-Traded Fund III - First Trust Short Duration Managed Municipal ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It invests in the fixed income markets of the United States. The fund invests in the municipal debt securities issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities and with a weighted average duration between 1 and 3 years. It invests in investment grade securities that are rated as at least BBB- by S&P and Fitch and at least Baa3 by Moody’s. The fund seeks to benchmark the performance of its performance against the Bloomberg Municipal Short (1-5) Year Index and the Bloomberg Municipal Bond Index. First Trust Exchange-Traded Fund III - First Trust Short Duration Managed Municipal ETF was formed on November 1, 2018 and is domiciled in the United States.

Largest holdings

  1. CHICAGO IL O'HARE INTL ARPT REV N/C, 5%, due 01/01/20310.81%
  2. KENTUCKY ST PUBLIC ENERGY AUTH Variable rate, due 06/01/20550.81%
  3. OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/20390.74%
  4. COLORADO ST HLTH FACS AUTH REV Variable rate, due 11/15/20600.64%
  5. WHITING IN ENVRNMNTL FACS REV Variable rate, due 11/01/20450.64%
  6. PINELLAS CNTY FL HSG FIN AUTH MF HSG REV Variable rate, due 10/01/20430.62%
  7. EFFINGHAM CNTY GA INDL DEV AUTH Variable rate, due 02/01/20380.62%
  8. UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/20580.62%
  9. MOBILE AL INDL DEV BRD POLL CONTROL Variable rate, due 06/01/20340.62%
  10. SAINT JOHN THE BAPTIST PARISH LA Variable rate, due 06/01/20370.62%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$111,217
Total Return
+$41,217
(+58.9%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$654.05M
NAV$19.70
Premium/Discount-0.03%
Expense Ratio0.34%
Market Cap$622.14M
Shares Outstanding31.35M
Inception DateNov. 1, 2018
Fund Details
IssuerFirst Trust
Asset ClassMunicipal Bond
Beta0.34
SectorFinancial Services
DomicileUS
52-Week Range
$19.36$20.25
Current: $19.70
Volume
Volume178.38K
Avg Volume195.58K
Vol/Avg0.91x

30d

298.87K

60d

272.95K

90d

221.31K

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