First Trust Short Duration Managed Municipal ETF

1D
1W
1M
3M
YTD
1Y
5Y
ALL

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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. 

Index-Tracked
Index-Tracked
Category
Muni National Short
CategoryMuni National Short
Number of holdings
457
Number of holdings457
Inception Date
Nov 1, 2018
Inception DateNov 1, 2018

What's in this fund

Sectors

As of July 16, 2025
Municipal Bonds98.62%
Cash and Equivalents1.38%

Top 10 Holdings (8.63% of total assets)

As of July 16, 2025
NameSymbol% 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

AUM
472.22M
AUM472.22M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.83
30-Day yield2.83
Average volume
93.76K
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
Volume
53.86K
Volume53.86K
52 Week high
$20.11
52 Week high$20.11
52 Week low
$19.47
52 Week low$19.47
Expense ratio
0.55
Expense ratio0.55

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.