First Trust Managed Municipal ETF

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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. 

Index-Tracked
Index-Tracked
Category
Muni National Interm
CategoryMuni National Interm
Number of holdings
1,237
Number of holdings1,237
Inception Date
May 13, 2014
Inception DateMay 13, 2014

What's in this fund

Sectors

As of November 6, 2025
Municipal Bonds99.46%
Cash and Equivalents0.54%

Top 10 Holdings (5.45% of total assets)

As of November 6, 2025
NameSymbol% Assets
MEADE CNTY KY INDL BLDG REV 2.7%0.85%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%0.78%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%0.52%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%0.53%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%0.51%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%0.49%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%0.47%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%0.44%
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%0.43%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%0.43%

FMB Key Statistics

AUM
1.93B
AUM1.93B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.30
30-Day yield3.30
Average volume
138.10K
Average volume138.10K
High today
$51.32
High today$51.32
Low today
$51.21
Low today$51.21
Open price
$51.25
Open price$51.25
Volume
88.00K
Volume88.00K
52 Week high
$51.99
52 Week high$51.99
52 Week low
$48.19
52 Week low$48.19
Expense ratio
0.65
Expense ratio0.65

Stock Snapshot

As of today, First Trust Managed Municipal ETF(FMB) shares are valued at $51.23. The company's market cap stands at 1.92B, with a dividend yield of 2.9%.

On 2025-11-08, First Trust Managed Municipal ETF(FMB) stock moved within a range of $51.21 to $51.32. With shares now at $51.23, the stock is trading +0.0% above its intraday low and -0.2% below the session's peak.

Trading activity shows a volume of 88K, compared to an average daily volume of 138.1K.

Over the past 52 weeks, First Trust Managed Municipal ETF(FMB) stock has traded between a high of $51.99 and a low of $48.19.

Over the past 52 weeks, First Trust Managed Municipal ETF(FMB) stock has traded between a high of $51.99 and a low of $48.19.

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.