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

What's in this fund

Sectors

As of December 3, 2025

Municipal Bonds98.71%

Cash and Equivalents1.29%

Top 10 Holdings (5.38% of total assets)

As of December 3, 2025

NameSymbol% Assets

MEADE CNTY KY INDL BLDG REV 1.8%—0.84%

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%—0.76%

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%—0.53%

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%—0.52%

TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%—0.50%

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%—0.48%

ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%—0.47%

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%—0.43%

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%—0.43%

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%—0.42%

FMB Key Statistics

AUM

1.94B

AUM1.94B

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

3.21

30-Day yield3.21

Average volume

133.42K

Average volume133.42K

High today

$51.11

High today$51.11

Low today

$51.03

Low today$51.03

Open price

$51.11

Open price$51.11

Volume

115.85K

Volume115.85K

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

View Prospectus and Reports

Stock Snapshot

First Trust Managed Municipal ETF(FMB) stock is priced at $51.06, giving the company a market capitalization of 1.94B. pays a dividend yield of 2.9%.

As of 2025-12-06, First Trust Managed Municipal ETF(FMB) stock has fluctuated between $51.03 and $51.11. The current price stands at $51.06, placing the stock +0.1% above today's low and -0.1% off the high.

First Trust Managed Municipal ETF(FMB) shares are trading with a volume of 115.85K, against a daily average of 133.42K.

In the last year, First Trust Managed Municipal ETF(FMB) shares hit a 52-week high of $51.99 and a 52-week low of $48.19.

FMB News

Nasdaq 1d

Investment Advisor Adds Shares of Municipal Bond ETF. Should Retail Investors Follow Suit?

Key Points Added 75,648 shares of FMB, increasing the position by an estimated $4.02 million vs. prior quarter Post-trade position: 288,013 shares valued at $...