FSMB : First Trust Short Duration Managed Municipal ETF

FSMB is a Bond Market Municipal Bond with LOW fees.

FSMB

First Trust Short Duration Managed Municipal ETF

FI Score

48 /100

Expense Ratio Rating

9 /10

Expense Rating

6 /10

Market Score

1 /10

Category Score

8 /10

Market Size

1 /10

48% FI Score
  • fsmb
  • ETF
  • Bond
  • Municipal Bond

First Trust Short Duration Managed Municipal ETF

Expenses: 0.45% (Better than 1% of similar funds)

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

Fund Summary

The investment seeks to provide federally tax-exempt income consistent with capital preservation. Under normal market conditions, the fund seeks to achieve its investment objective 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. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities. The fund is non-diversified.

Largest Holdings

Amount Holding
2.68% HAWAII ST 5%
2.60% ARIZONA INDL DEV AUTH REV 5%
2.48% UNIVERSITY CONN 5%
2.47% ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV 5%
2.28% MICHIGAN FIN AUTH REV 5%
2.22% ENERGY NORTHWEST WASH ELEC REV 5%
2.13% COCONINO CNTY ARIZ POLLUTN CTL CORP REV 1.88%
2.11% NEW YORK N Y 0.44%
1.86% MAIN STR NAT GAS INC GA GAS PROJ REV 5%
1.59% METROPOLITAN TRANSN AUTH N Y REV 4%

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