First Trust Short Duration Managed Municipal ETF

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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.

What's in this fund

Sectors

As of September 7, 2026

Municipal Bonds98.16%

Cash & Equivalents1.84%

Top 10 Holdings (7.02% of total assets)

As of September 7, 2026

NameSymbol% Assets

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%—1.01%

OHIO ST AIR QUALITY DEV AUTH REV 4.25%—0.77%

PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3%—0.68%

DALLAS FORT WORTH TEX INTL ARPT REV 5%—0.69%

COLORADO HEALTH FACS AUTH REV 5%—0.68%

WHITING IND ENVIRONMENTAL FACS REV 4.4%—0.67%

ST JOHN BAPTIST PARISH LA REV 3.3%—0.65%

UTAH CNTY UTAH HOSP REV 3%—0.64%

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%—0.62%

BURKE CNTY GA DEV AUTH POLLUTN CTL REV 2.5%—0.61%

FSMB Key Statistics

AUM

623.21M

AUM623.21M

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

3.04

30-Day yield3.04

Average volume

125.76K

Average volume125.76K

High today

$19.86

High today$19.86

Low today

$19.83

Low today$19.83

Open price

$19.85

Open price$19.85

Volume

89.91K

Volume89.91K

52 Week high

$20.25

52 Week high$20.25

52 Week low

$19.80

52 Week low$19.80

Expense ratio

0.34

Expense ratio0.34

View Prospectus and Reports

Stock Snapshot

The current First Trust Short Duration Managed Municipal ETF(FSMB) stock price is $19.84, with a market capitalization of 622.79M.

During the trading session on 2026-09-08, First Trust Short Duration Managed Municipal ETF(FSMB) shares reached a daily high of $19.86 and a low of $19.83. At a current price of $19.84, the stock is +0.0% higher than the low and still -0.1% under the high.

Trading volume for First Trust Short Duration Managed Municipal ETF(FSMB) stock has reached 89.91K, versus its average volume of 125.76K.

Over the past 52 weeks, First Trust Short Duration Managed Municipal ETF(FSMB) stock has traded between a high of $20.25 and a low of $19.80.

Average Annual Return

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