First Trust Managed Municipal ETF (FMB)
Description
The FMB ETF contains 1462 constituents. It is focused on holdings in the region.
Price $48.98 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.35% |
| Expense ratio | 0.5% |
| Average spread | 0.041% |
| 1Y roundtrip cost | 0.541% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -2.7% | -0.8% | -3.1% | -3.1% | 0.7% | -1.7% | 2.6% | -2.0% | -3.6% | 0.5% | -13.2% | ||
| 2021 | 0.8% | -1.5% | 0.7% | 1.0% | 0.7% | 0.3% | 0.8% | -0.4% | -0.8% | -0.2% | 0.8% | 0.3% | 2.4% |
| 2020 | 1.9% | 1.4% | -5.2% | -2.5% | 3.1% | 1.8% | 2.0% | -0.3% | -0.1% | -0.2% | 1.8% | 1.0% | 4.7% |
| 2019 | 0.6% | 0.7% | 1.7% | 0.5% | 1.6% | 0.3% | 0.9% | 1.9% | -0.7% | -0.1% | 0.2% | 0.4% | 8.0% |
| 2018 | -1.1% | -0.4% | 0.4% | -0.3% | 1.0% | 0.1% | 0.4% | 0.1% | -0.7% | -0.6% | 0.7% | 1.2% | 0.9% |
| 2017 | 0.7% | 0.6% | 0.5% | 0.8% | 1.4% | 0.3% | 0.5% | 0.9% | 0.0% | 0.3% | -0.1% | 1.1% | 7.0% |
| 2016 | 1.2% | 0.6% | 0.6% | 0.7% | 0.8% | 1.2% | 0.5% | 0.4% | -0.3% | -1.1% | -4.2% | 1.2% | 1.4% |
| 2015 | 2.1% | -0.7% | 0.7% | -0.7% | -0.2% | -0.6% | 0.3% | 0.2% | 0.4% | 1.1% | 0.6% | 0.7% | 3.9% |
| 2014 | 0.3% | 0.3% | 1.2% | 0.3% | 2.2% | -0.7% | 0.8% | 4.5% | |||||
| 3.5% | 0.1% | -3.9% | -3.6% | 8.9% | 2.0% | 8.4% | 2.1% | -5.5% | 2.0% | -0.8% | 6.6% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 | 0.11 | 0.88 | |||
| 2021 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 1.12 |
| 2020 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 1.24 |
| 2019 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 1.38 |
| 2018 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 1.36 |
| 2017 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 1.33 |
| 2016 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.27 | 1.50 |
| 2015 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.33 | 1.37 | ||
| 2014 | 0.15 | 0.15 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.88 | |||||
| 0.86 | 0.86 | 0.75 | 0.75 | 0.86 | 1.01 | 1.01 | 0.98 | 0.98 | 0.87 | 0.87 | 1.24 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| FMB | FCAL | MBND | RVNU | TAXF | VTEB | |
|---|---|---|---|---|---|---|
| Product name | First Trust Managed Municipal ETF | First Trust California Municipal High Income ETF | SPDR Nuveen Municipal Bond ETF | Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF | American Century Diversified Municipal Bond ETF | Vanguard Tax-Exempt Bond ETF |
| Issuer | First Trust | First Trust | SPDR | Xtrackers | American Century | Vanguard |
| Price | $48.9799 | $46.6 | $26.085 | $22.95 | $47.87 | $48.03 |
| Expense Ratio | 0.5% | 0.5% |  0.4% | 0.15% | 0.29% | 0.06% |
| Average Spread | 0.041% | 0.236% | 0.192% | 0.261% | 0.125% | 0.021% |
| AUM | $2,075,580,000 | $97,870,300 | $39,127,500 | $122,542,000 | $159,973,000 | $12,447,800,000 |
| Shares | 42,376,062 | 2,100,221 | 1,500,000 | 5,339,538 | 3,341,832 | 259,167,736 |
| Average Daily Volume | 316,744 | 21,630 | 8,407 | 50,990 | 72,273 | 9,863,267 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2014-05-13 | 2017-06-20 | 2021-02-03 | 2013-06-04 | 2018-09-10 | 2015-08-21 |
| Index Tracked | No Underlying Index | No Underlying Index | No Underlying Index | Solactive Municipal Infrastructure Revenue Bond Index | No Underlying Index | S&P National AMT-Free Municipal Bond |
| Category | National Munis | California Munis | Government Bonds | National Munis | National Munis | National Munis |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $1.152 | $1.207 | $0.569 | $0.643 | $0.879 | $0.939 |
| Annual Dividend Yield | 0.024% | 0.026% | 0.022% | 0.028% | 0.018% | 0.020% |
| Number of Holdings | 1462 | 237 | 101 | 376 | 352 | 5958 |
| YTD Return | -12.57% | -13.24% | -11.35% | -20.04% | -12.18% | -11.27% |
| Beta | 0.17 | 0.14 | 0.10 | 0.27 | 0.12 | 0.16 |
| Upside Beta | 0.08 | 0.12 | -0.11 | 0.03 | 0.05 | 0.12 |
| Downside Beta | -0.07 | 0.04 | -0.16 | -0.12 | 0.02 | -0.01 |
| Volatility 1Y | 3.72% | 4.29% | 3.47% | 7.27% | 4.06% | 3.72% |
| Sharpe Ratio 3Y | -0.93 | -0.92 | 0.00 | -1.07 | -0.87 | -0.68 |
| Treynor Ratio 3Y | -0.02 | -0.03 | 0.00 | -0.02 | -0.03 | -0.02 |