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. 

Category
Muni National Interm
CategoryMuni National Interm
Number of holdings
1,231
Number of holdings1,231
Inception Date
May 13, 2014
Inception DateMay 13, 2014

What's in this fund

Sectors

As of April 1, 2026
Municipal Bonds98.22%
Cash and Equivalents1.78%

Top 10 Holdings (5.23% of total assets)

As of April 1, 2026
NameSymbol% Assets
MEADE CNTY KY INDL BLDG REV 3.15%0.82%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%0.74%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%0.51%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%0.51%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%0.47%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%0.47%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%0.45%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%0.42%
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%0.42%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%0.42%

FMB Key Statistics

AUM
1.99B
AUM1.99B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.26
30-Day yield3.26
Average volume
170.59K
Average volume170.59K
High today
$50.90
High today$50.90
Low today
$50.73
Low today$50.73
Open price
$50.79
Open price$50.79
Volume
130.94K
Volume130.94K
52 Week high
$52.03
52 Week high$52.03
52 Week low
$48.19
52 Week low$48.19
Expense ratio
0.39
Expense ratio0.39

Stock Snapshot

With a market cap of 1.99B, First Trust Managed Municipal ETF(FMB) trades at $50.88. currently yields dividends of 2.9%.

During the trading session on 2026-04-03, First Trust Managed Municipal ETF(FMB) shares reached a daily high of $50.90 and a low of $50.73. At a current price of $50.88, the stock is +0.3% higher than the low and still -0.0% under the high.

Trading volume for First Trust Managed Municipal ETF(FMB) stock has reached 130.94K, versus its average volume of 170.59K.

Over the past 52 weeks, First Trust Managed Municipal ETF(FMB) stock has traded between a high of $52.03 and a low of $48.19.

Over the past 52 weeks, First Trust Managed Municipal ETF(FMB) stock has traded between a high of $52.03 and a low of $48.19.

Average Annual Return

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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. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.