FMB

Fund Description
The First Trust Managed Municipal ETF is an actively managed exchange-traded fund. Under normal market conditions, the fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities.
Fund Profile
Fund Name First Trust Managed Municipal ETF
Fund Exchange Ticker FMB
Fund Sponsor First Trust
Fund ISIN US33739N1081
Net Expense Ratio 0.50 %
Fund Inception Date 13 May 2014
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 22 January 2021
Asset Under Management 1896.45 Million (USD)
1 Month Total Return 0.39 %
Year To Date Return 0.28 %
1 Year Total Return 3.14 %
3 Year Annualized Total Return 4.65 %
NAV 56.78
Share Outstanding 33,400,000
Top 10 Holdings (22 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Derivatives offset OTHR 0.0290395867
BUCKEYE OH TOBACCO SETTLEMENT 5% due 06/01/2055 BOND 0.0086654043
KENTUCKY ST PUBLIC ENERGY AUTH Variable rate due 02/01/2050 BOND 0.0076512805
US Dollar CASH 0.0071433986
COLORADO ST HLTH FACS AUTH HOSP REV 4% due 01/01/2040 BOND 0.0063264326
ATLANTA GA ARPT PASSENGER FAC CHG REV 4% due 07/01/2038 BOND 0.0055586483
NEW YORK NY Variable rate due 10/01/2046 BOND 0.0055231814
PUERTO RICO SALES TAX FING CORP 4.50% due 07/01/2034 BOND 0.0052673424
MICHIGAN ST FIN AUTH REVENUE 5% due 11/15/2041 BOND 0.0049706084
NEW YORK ST DORM AUTH ST PERSONAL INC TAX N/C 5% due 03/31/2021 BOND 0.0048226933