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First Trust Managed Municipal ETF
FMB performance and flow charts
Performance
Flows
Historic performance and flows
Data as of August 31, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.61% | -1.40% | +1.06% | +4.87% | +8.38% | -0.43% |
| Flows | +$18M | +$66M | +$143M | +$189M | +$183M | +$17M |
Characteristics
This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Strategy | Long Only |
| Provider | First Trust |
| N° of holdings | 0 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | May 13, 2014 |
| ESG | No |
More data and info about FMB on Trackinsight
Exposure
Data as of January 1, 1970Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +2.55% | +2.42% | +3.42% | +3.37% |
Max drawdown | -2.14% | -2.59% | -4.94% | -13.95% |
Max drawdown duration | 60d | 92d | 276d | 1501d |
Time to recover | N/A | 67d | 155d | 1206d |
What type of ETF is FMB?
FMB is a Active ETF that provides exposure to Fixed Income assets. It is managed by First Trust.
What does FMB invest in?
This ETF provides exposure to North American Mixed Ratings Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of FMB?
The total expense ratio (TER) of FMB is 0.39%, representing the annual fee charged by the fund manager.
When was FMB launched?
FMB was launched on May 13, 2014, marking its entry into the ETF market.
Who is the issuer of FMB?
FMB is issued by First Trust.
What is the AUM of FMB?
As of August 31, 2026, FMB manages $2.05 B, reflecting the total assets held in the fund.
How has FMB performed recently?
As of August 31, 2026, FMB delivered a return of -0.61% over the past month (1M performance), -1.4% over the past three months (3M), and 1.06% year-to-date (YTD).
What are the recent fund flows for FMB?
As of August 31, 2026, FMB has seen net flows of +$18M in the past month (1M flow) and +$143M year-to-date (YTD).
Does FMB pay dividends?
As of August 31, 2026, FMB has a trailing 12-month distribution yield of 4.31%.
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