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
459
Number of holdings459
Inception Date
Nov 1, 2018
Inception DateNov 1, 2018

What's in this fund

Sectors

As of June 26, 2025
Municipal Bonds96.89%
Cash and Equivalents3.11%

Top 10 Holdings (8.53% of total assets)

As of June 26, 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%
ST JOHN BAPTIST PARISH LA REV 3.3%0.85%
ROCKPORT IND POLLUTION CTL REV 3.125%0.82%
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%
NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 5%0.72%
OHIO ST AIR QUALITY DEV AUTH REV 4.25%0.72%

FSMB Key Statistics

AUM
464.26M
AUM464.26M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.21
30-Day yield2.21
Average volume
72.70K
Average volume72.70K
High today
$19.91
High today$19.91
Low today
$19.89
Low today$19.89
Open price
$19.90
Open price$19.90
Volume
62.09K
Volume62.09K
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.