First Trust Short Duration 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 FSMB and other ETFs, options, and stocks.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.
Index-Tracked
Index-Tracked
CategoryMuni National Short
CategoryMuni National Short
Number of holdings457
Number of holdings457
Inception DateNov 1, 2018
Inception DateNov 1, 2018
What's in this fund
Sectors
As of July 16, 2025Municipal Bonds98.62%
Cash and Equivalents1.38%
Top 10 Holdings (8.63% of total assets)
As of July 16, 2025NameSymbol% Assets
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%—1.35%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%—0.95%
PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3%—0.89%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.5%—0.85%
ST JOHN BAPTIST PARISH LA REV 3.3%—0.85%
PALM BEACH CNTY FLA HEALTH FACS AUTH RETIREMENT CMNTY REV 5%—0.79%
HENNEPIN CNTY MINN SALES TAX REV 5%—0.76%
NORTH CAROLINA MED CARE COMMN HOSP REV 5%—0.74%
BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%—0.73%
OHIO ST AIR QUALITY DEV AUTH REV 4.25%—0.72%
FSMB Key Statistics
AUM472.22M
AUM472.22M
Price-Earnings ratio—
Price-Earnings ratio—
30-Day yield2.83
30-Day yield2.83
Average volume93.76K
Average volume93.76K
High today$19.94
High today$19.94
Low today$19.93
Low today$19.93
Open price$19.94
Open price$19.94
Volume53.86K
Volume53.86K
52 Week high$20.11
52 Week high$20.11
52 Week low$19.47
52 Week low$19.47
Expense ratio0.55
Expense ratio0.55