First Trust Managed Municipal ETF (FMB)
- Expense ratio0.65%
- Net assets$1.95B
- Dividend yield3.97%
- 1-year return-0.61%
- Holdings1
FMB ETF price chart
FMB quote & trading statistics
FMB performance
Annual returns & drawdowns →- YTD-0.98%
- 1 year-0.61%
- 3 years+4.17%/yr
- 5 years+0.28%/yr
- 10 years+1.86%/yr
- 1Y volatility
- 5.41%
- 3Y volatility
- 5.29%
- 3Y Sharpe ratio
- -0.33
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FMB holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | TLT | iShares Trust - iShares 20+ Year Treasury Bond ETF | 0.00% |
This holding makes up 0.0% of the fund. As of October 25, 2026.
About First Trust Managed Municipal ETF
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.
FMB ETF FAQ
What is the FMB expense ratio?
First Trust Managed Municipal ETF has a net expense ratio of 0.65%, or $65.00 a year for every $10,000 invested.
How much money is in FMB?
First Trust Managed Municipal ETF has about $1.95B in net assets.
What are the top holdings of FMB?
The largest positions in FMB are iShares Trust - iShares 20+ Year Treasury Bond ETF (0.00%). The fund holds 1 securities in total.
How has FMB performed?
FMB returned -0.61% over the past year and +0.28% a year over the past five years, including reinvested distributions.
Does FMB pay dividends?
FMB has a dividend yield of 3.97% and pays distributions monthly.
When was FMB launched?
First Trust Managed Municipal ETF began trading on May 13, 2014.