First Trust Managed Municipal ETF

YTD

ALL

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell FMB and other ETFs, options, and stocks.

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.

What's in this fund

Top 10 Holdings (7.16% of total assets)

As of October 1, 2026

NameSymbol% Assets

Ultra 10 Year US Treasury Note Future Dec 26—1.85%

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.65%—0.92%

MEADE CNTY KY INDL BLDG REV 4%—0.85%

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%—0.75%

PEFA INC IOWA GAS PROJ REV 5%—0.50%

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%—0.49%

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%—0.47%

TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%—0.47%

ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%—0.44%

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%—0.42%

FMB Key Statistics

AUM

1.95B

AUM1.95B

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

3.75

30-Day yield3.75

Average volume

687.19K

Average volume687.19K

High today

$48.27

High today$48.27

Low today

$47.90

Low today$47.90

Open price

$48.19

Open price$48.19

Volume

297.21K

Volume297.21K

52 Week high

$52.03

52 Week high$52.03

52 Week low

$47.39

52 Week low$47.39

Expense ratio

0.39

Expense ratio0.39

View Prospectus and Reports

Stock Snapshot

With a market cap of 1.95B, First Trust Managed Municipal ETF(FMB) trades at $48.09. currently yields dividends of 2.87%.

During the trading session on 2026-10-05, First Trust Managed Municipal ETF(FMB) shares reached a daily high of $48.27 and a low of $47.90. At a current price of $48.09, the stock is +0.4% higher than the low and still -0.4% under the high.

Trading activity shows a volume of 297.21K, compared to an average daily volume of 687.19K.

The stock's 52-week range extends from a low of $47.39 to a high of $52.03.

Average Annual Return

Similar Marketcap

This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company.

Popular Stocks

This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset

Newly Listed

This list is generated by showing companies that recently went public.