First Trust Short Duration Managed Municipal ETF

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About FSMB

FSMB 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. 

Category
Muni National Short
CategoryMuni National Short
Number of holdings
537
Number of holdings537
Inception Date
Nov 1, 2018
Inception DateNov 1, 2018

What's in this fund

Sectors

As of April 1, 2026
Municipal Bonds96.83%
Cash and Equivalents3.17%

Top 10 Holdings (7.32% of total assets)

As of April 1, 2026
NameSymbol% Assets
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%1.10%
UTAH CNTY UTAH HOSP REV 2.65%0.86%
OHIO ST AIR QUALITY DEV AUTH REV 4.25%0.83%
PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3%0.73%
ST JOHN BAPTIST PARISH LA REV 3.3%0.70%
MAIN STR ENERGY INC GA ENERGY PROJ REV 5%0.67%
PALM BEACH CNTY FLA HEALTH FACS AUTH RETIREMENT CMNTY REV 5%0.64%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.88958%0.60%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%0.60%
BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%0.59%

FSMB Key Statistics

AUM
585.24M
AUM585.24M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.72
30-Day yield2.72
Average volume
148.72K
Average volume148.72K
High today
$19.99
High today$19.99
Low today
$19.97
Low today$19.97
Open price
$19.98
Open price$19.98
Volume
70.30K
Volume70.30K
52 Week high
$20.25
52 Week high$20.25
52 Week low
$19.47
52 Week low$19.47
Expense ratio
0.34
Expense ratio0.34

Stock Snapshot

As of today, First Trust Short Duration Managed Municipal ETF(FSMB) shares are valued at $19.99. The company's market cap stands at 585.56M.

On 2026-04-03, First Trust Short Duration Managed Municipal ETF(FSMB) stock traded between a low of $19.97 and a high of $19.99. Shares are currently priced at $19.99, which is +0.1% above the low and -0.0% below the high.

First Trust Short Duration Managed Municipal ETF(FSMB) shares are trading with a volume of 70.3K, against a daily average of 148.72K.

During the past year, First Trust Short Duration Managed Municipal ETF(FSMB) stock moved between $19.47 at its lowest and $20.25 at its peak.

During the past year, First Trust Short Duration Managed Municipal ETF(FSMB) stock moved between $19.47 at its lowest and $20.25 at its peak.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.