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 28 June 2022
Asset Under Management 1950.28 Million (USD)
1 Month Total Return -2.35 %
Year To Date Return -11.04 %
1 Year Total Return -10.67 %
3 Year Annualized Total Return -0.84 %
NAV 50.46
Share Outstanding 38,650,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Derivatives offset OTHR 0.0662136216
US Dollar CASH 0.0085350676
MAIN STREET NATURAL GAS INC GA Variable rate due 05/01/2052 PREF 0.0054344019
NEW YORK NY Variable rate due 10/01/2046 PREF 0.0053943396
FLOYD CNTY GA DEV AUTH Variable rate due 07/01/2022 PREF 0.0051868650
SAINT LUCIE CNTY FL SOL WST DISP Variable rate due 05/01/2024 PREF 0.0051868650
CONNECTICUT ST 4% due 01/15/2037 BOND 0.0051735835
NEW YORK CITY NY TRANSITIONAL FIN AUTH REV 4% due 11/01/2037 BOND 0.0051202843
PUERTO RICO SALES TAX FING CORP 4.50% due 07/01/2034 BOND 0.0047120285
ATLANTA GA ARPT PASSENGER FAC CHG REV 4% due 07/01/2038 BOND 0.0045762515

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