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
1,276
Number of holdings1,276
Inception Date
May 13, 2014
Inception DateMay 13, 2014

What's in this fund

Sectors

As of July 20, 2026
Municipal Bonds99.20%
Cash & Equivalents0.80%

Top 10 Holdings (5.01% of total assets)

As of July 20, 2026
NameSymbol% Assets
MEADE CNTY KY INDL BLDG REV 3.35%0.79%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%0.71%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%0.49%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%0.49%
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%0.45%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%0.44%
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%0.44%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%0.40%
SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%0.40%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%0.40%

FMB Key Statistics

AUM
2.06B
AUM2.06B
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
3.46
30-Day yield3.46
Average volume
173.14K
Average volume173.14K
High today
$50.80
High today$50.80
Low today
$50.72
Low today$50.72
Open price
$50.80
Open price$50.80
Volume
91.07K
Volume91.07K
52 Week high
$52.03
52 Week high$52.03
52 Week low
$49.28
52 Week low$49.28
Expense ratio
0.39
Expense ratio0.39

Stock Snapshot

As of today, First Trust Managed Municipal ETF(FMB) shares are valued at $50.73. The company's market cap stands at 2.05B, with a dividend yield of 2.87%.

During the trading session on 2026-07-21, First Trust Managed Municipal ETF(FMB) shares reached a daily high of $50.80 and a low of $50.72. At a current price of $50.73, the stock is +0.0% higher than the low and still -0.1% under the high.

Trading volume for First Trust Managed Municipal ETF(FMB) stock has reached 91.07K, versus its average volume of 173.14K.

The stock's 52-week range extends from a low of $49.28 to a high of $52.03.

The stock's 52-week range extends from a low of $49.28 to a high of $52.03.

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.