First Trust Managed Municipal ETF

1D
1W
1M
3M
YTD
1Y
5Y
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. 

Category
Muni National Interm
CategoryMuni National Interm
Number of holdings
1,274
Number of holdings1,274
Inception Date
May 13, 2014
Inception DateMay 13, 2014

What's in this fund

Sectors

As of August 5, 2026
Municipal Bonds99.62%
Cash & Equivalents0.38%

Top 10 Holdings (5.05% of total assets)

As of August 5, 2026
NameSymbol% Assets
MEADE CNTY KY INDL BLDG REV 1.75%0.79%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%0.71%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%0.50%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%0.48%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%0.45%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%0.44%
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5%0.44%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%0.43%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%0.41%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%0.40%

FMB Key Statistics

AUM
2.06B
AUM2.06B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.46
30-Day yield3.46
Average volume
174.50K
Average volume174.50K
High today
$50.65
High today$50.65
Low today
$50.51
Low today$50.51
Open price
$50.65
Open price$50.65
Volume
48.34K
Volume48.34K
52 Week high
$52.03
52 Week high$52.03
52 Week low
$49.49
52 Week low$49.49
Expense ratio
0.39
Expense ratio0.39

Stock Snapshot

The current First Trust Managed Municipal ETF(FMB) stock price is $50.61, with a market capitalization of 2.06B. It offers a dividend yield of 2.87%.

On 2026-08-07, First Trust Managed Municipal ETF(FMB) stock traded between a low of $50.51 and a high of $50.65. Shares are currently priced at $50.61, which is +0.2% above the low and -0.1% below the high.

The First Trust Managed Municipal ETF(FMB)'s current trading volume is 48.34K, compared to an average daily volume of 174.5K.

In the last year, First Trust Managed Municipal ETF(FMB) shares hit a 52-week high of $52.03 and a 52-week low of $49.49.

In the last year, First Trust Managed Municipal ETF(FMB) shares hit a 52-week high of $52.03 and a 52-week low of $49.49.

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.

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.