FUMB : First Trust Ultra Short Duration Municipal ETF

FUMB is a Bond Market Municipal Bond with LOW fees.

FUMB

First Trust Ultra Short Duration Municipal ETF

FI Score

54 /100

Expense Ratio Rating

9 /10

Expense Rating

7 /10

Market Score

1 /10

Category Score

8 /10

Market Size

1 /10

54% FI Score
  • fumb
  • ETF
  • Bond
  • Municipal Bond

First Trust Ultra Short Duration Municipal ETF

Expenses: 0.35% (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 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 weighted average duration of the fund's portfolio is expected to be less than one year. The fund is non-diversified.

Largest Holdings

Amount Holding
2.92% INDIANA ST HSG & CMNTY DEV AUTH SINGLE FAMILY REV 0.35%
2.36% CAPITAL CITY ECONOMIC DEV AUTH CONN PKG & ENERGY FEE REV 0.24%
2.05% NOBLESVILLE IND MULTI SCH BLDG CORP 5%
2.02% FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 0.62%
2.02% MONTGOMERY CNTY PA INDL DEV AUTH POLLUTN CTL REV 2.55%
1.79% PHILADELPHIA PA 5%
1.68% GREENSBORO N C ENTERPRISE SYS REV 0.15%
1.61% TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 5.25%
1.50% ARIZONA INDL DEV AUTH REV 5%
1.49% ORANGE CNTY FLA HSG FIN AUTH MULTIFAMILY REV 1.9%

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