First Trust Short Duration Managed Municipal ETF

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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.

What's in this fund

Sectors

As of May 17, 2026

Municipal Bonds97.37%

Cash and Equivalents2.63%

Top 10 Holdings (7.16% of total assets)

As of May 17, 2026

NameSymbol% Assets

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%—1.05%

UTAH CNTY UTAH HOSP REV 2.1%—0.84%

OHIO ST AIR QUALITY DEV AUTH REV 4.25%—0.80%

PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3%—0.71%

ST JOHN BAPTIST PARISH LA REV 3.3%—0.67%

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%—0.65%

BURKE CNTY GA DEV AUTH POLLUTN CTL REV 2.6%—0.63%

PALM BEACH CNTY FLA HEALTH FACS AUTH RETIREMENT CMNTY REV 5%—0.62%

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%—0.61%

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.58542%—0.58%

FSMB Key Statistics

AUM

603.26M

AUM603.26M

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

3.01

30-Day yield3.01

Average volume

107.89K

Average volume107.89K

High today

$19.96

High today$19.96

Low today

$19.94

Low today$19.94

Open price

$19.95

Open price$19.95

Volume

235.43K

Volume235.43K

52 Week high

$20.25

52 Week high$20.25

52 Week low

$19.74

52 Week low$19.74

Expense ratio

0.34

Expense ratio0.34

View Prospectus and Reports

Stock Snapshot

The current First Trust Short Duration Managed Municipal ETF(FSMB) stock price is $19.96, with a market capitalization of 603.64M.

During the trading session on 2026-05-19, First Trust Short Duration Managed Municipal ETF(FSMB) shares reached a daily high of $19.96 and a low of $19.94. At a current price of $19.96, the stock is +0.1% higher than the low and still -0.0% under the high.

Trading activity shows a volume of 235.43K, compared to an average daily volume of 107.89K.

Over the past 52 weeks, First Trust Short Duration Managed Municipal ETF(FSMB) stock has traded between a high of $20.25 and a low of $19.74.

Average Annual Return

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