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

Top 10 Holdings (6.83% of total assets)

As of October 14, 2026

NameSymbol% Assets

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.8%—0.89%

CHICAGO ILL O HARE INTL ARPT REV 5%—0.80%

OHIO ST AIR QUALITY DEV AUTH REV 4.25%—0.73%

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25%—0.70%

COLORADO HEALTH FACS AUTH REV 5%—0.63%

WHITING IND ENVIRONMENTAL FACS REV 4.4%—0.62%

EFFINGHAM CNTY GA INDL DEV AUTH POLLUTION CTL REV 0.75%—0.62%

MOBILE ALA INDL DEV BRD POLLUTN CTL REV 0.78%—0.61%

UTAH CNTY UTAH HOSP REV 0.75%—0.62%

PINELLAS CNTY FLA HSG FIN AUTH MULTIFAMILY HSG REV 3.75%—0.61%

FSMB Key Statistics

AUM

651.00M

AUM651.00M

Price-Earnings ratio

—

Price-Earnings ratio—

30-Day yield

3.35

30-Day yield3.35

Average volume

334.42K

Average volume334.42K

High today

$19.65

High today$19.65

Low today

$19.62

Low today$19.62

Open price

$19.63

Open price$19.63

Volume

146.26K

Volume146.26K

52 Week high

$20.25

52 Week high$20.25

52 Week low

$19.37

52 Week low$19.37

Expense ratio

0.34

Expense ratio0.34

View Prospectus and Reports

Stock Snapshot

As of today, First Trust Short Duration Managed Municipal ETF(FSMB) shares are valued at $19.63. The company's market cap stands at 650.57M.

As of 2026-10-16, First Trust Short Duration Managed Municipal ETF(FSMB) stock has fluctuated between $19.62 and $19.65. The current price stands at $19.63, placing the stock +0.0% above today's low and -0.1% off the high.

The First Trust Short Duration Managed Municipal ETF(FSMB)'s current trading volume is 146.26K, compared to an average daily volume of 334.42K.

In the last year, First Trust Short Duration Managed Municipal ETF(FSMB) shares hit a 52-week high of $20.25 and a 52-week low of $19.37.

Average Annual Return

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