FMB : First Trust Managed Municipal ETF

FMB is a Bond Market Municipal Bond with LOW fees.

FMB

First Trust Managed Municipal ETF

FI Score

69 /100

Expense Ratio Rating

8 /10

Expense Rating

5 /10

Market Score

7 /10

Category Score

8 /10

Market Size

7 /10

69% FI Score
  • fmb
  • ETF
  • Bond
  • Municipal Bond

First Trust Managed Municipal ETF

Expenses: 0.50% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

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.

Largest Holdings

Amount Holding
2.47% Ultra 10 Year US Treasury Note Future Sept 20
0.74% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.72% NEW YORK N Y 0.44%
0.69% ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%
0.63% PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%
0.62% MICHIGAN FIN AUTH REV 5%
0.62% WILSONVILLE ALA INDL DEV BRD SOLID WASTE DISP REV 0.2%
0.55% GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%
0.54% BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4%
0.53% COLORADO HEALTH FACS AUTH REV 4%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo