First Trust Managed Municipal ETF
NASDAQ:FMB

  • LAST PRICE
    51.66
  • TODAY'S CHANGE (%)
    0.00 (0.00%)
  • Bid / Lots
    48.80/ 2
  • Ask / Lots
    52.13/ 4
  • Open / Previous Close
    --- / 51.66
  • Day Range
    ---
  • 52 Week Range
    48.10
    52.13
  • Volume
    1
  • Overall Morningstar Rating
    out of 402 funds

Search Criteria

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Charts

Price Comparison Graph. See accessible table below
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Daily Premium/Discount

Bar Graph.See accessible table below
ETFs trading at a price higher than its Net Asset Value (NAV) is said to be trading at a premium, while those trading at price lower than its NAV is said to be at a discount. By showing the daily premium/discount percentage, we can see the trend in market sentiments, regarding the value of an ETF over time.

Holdings Diversification

Asset Class
US Bond		98.7%
Non-US Bond		1.0%
Cash		0.3%
Convertible		0
Non-US Stock		0
Other		0
Sectors
No data available
Geographic Region
No data available
As of 2024-11-29

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
Ultra 10 Year US Treasury Note Future Dec 24
Short
2.0%
0.00%
$-39.6M
MEADE CNTY KY INDL BLDG REV 4.3%
Long
0.8%
0.00%
$16.2M
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
Long
0.7%
0.00%
$14.7M
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
Long
0.5%
0.00%
$10.1M
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%
Long
0.5%
0.00%
$10.1M
METROPOLITAN TRANSN AUTH N Y REV 3.7%
Long
0.5%
0.00%
$10.0M
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%
Long
0.5%
0.00%
$9.5M
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%
Long
0.5%
0.00%
$9.4M
ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
Long
0.5%
0.00%
$9.0M
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
Long
0.4%
0.00%
$8.4M
As of 2024-11-29

Reports

  • 11/10/24

    Morningstar ETF Report

    The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.

Morningstar Ratings

Time HorizonStar Rating
Overall Rating
3 Year Rating
5 Year Rating
10 Year Rating
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
Bloomberg Municipal TR USD
Category
Muni National Interm
Sponsor
First Trust Advisors L.P.
Inception
May 13, 2014
As of 2024-10-31

The investment seeks to generate current income that is exempt from regular federal income taxes and its secondary objective is long term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.

Holding Details
Total Net Assets$2.0B
Shares Out.39.5M
Net Asset Value (NAV)$51.64
Prem/Discount to NAV0.04%
P/E Ratio---
Dividend Yield3.17%
Dividend per Share1.64 USD
Ex-Dividend Date11/21/2024
Dividend Payment Date11/29/2024
Beta---
Morningstar Investment StyleMuni National Interm
Equity Style
---
Credit Quality / Duration
Medium Duration/Medium Quality
Fees & Expenses
Actual Management Fee0.65%
Actual Mgmt. Expense Ratio (MER)0.60%