First Trust Managed Municipal ETF

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About FMB

FMB is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. The listed name for FMB is First Trust Exchange-Traded Fund III First Trust Managed Municipal ETF. 

Index-Tracked
Index-Tracked
Category
Muni National Interm
CategoryMuni National Interm
Number of holdings
1,224
Number of holdings1,224
Inception Date
May 13, 2014
Inception DateMay 13, 2014

What's in this fund

Sectors

As of January 6, 2026
Municipal Bonds99.03%
Cash and Equivalents0.97%

Top 10 Holdings (5.35% of total assets)

As of January 6, 2026
NameSymbol% Assets
MEADE CNTY KY INDL BLDG REV 0.85%0.83%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%0.76%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%0.52%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%0.52%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%0.49%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%0.48%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%0.47%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%0.43%
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%0.42%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%0.43%

FMB Key Statistics

AUM
1.96B
AUM1.96B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.23
30-Day yield3.23
Average volume
300.26K
Average volume300.26K
High today
High today
Low today
Low today
Open price
$51.34
Open price$51.34
Volume
0.00
Volume0.00
52 Week high
$51.48
52 Week high$51.48
52 Week low
$48.19
52 Week low$48.19
Expense ratio
0.65
Expense ratio0.65

Stock Snapshot

As of today, First Trust Managed Municipal ETF(FMB) shares are valued at $51.38. The company's market cap stands at 1.96B, with a dividend yield of 2.9%.

During the trading day, First Trust Managed Municipal ETF(FMB) stock saw an opening price of $51.34, a peak of —, and a bottom of —.

Trading volume for First Trust Managed Municipal ETF(FMB) stock has reached 0, versus its average volume of 300.26K.

Over the past 52 weeks, First Trust Managed Municipal ETF(FMB) stock has traded between a high of $51.48 and a low of $48.19.

Over the past 52 weeks, First Trust Managed Municipal ETF(FMB) stock has traded between a high of $51.48 and a low of $48.19.

Average Annual Return

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.