FSMB
$20.05
First Trust Short Duration Managed Municipal ETF
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Fund Essentials
Net Assets
$497M
Expense Ratio
0.55%
Dividend Yield
3.08%
Holdings
468
Inception Date
Nov 1, 2018
Fund Family
First Trust Portfolios (US)
Investment Style
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Asset Class
••••••••••
Legal Structure
••••••••••
Dividend Frequency
Monthly
SEC 30-Day Yield
••••••••••
Performance
YTD+3.12%
1 Year+3.43%
3 Year+3.67%
5 Year+1.53%
Asset Allocation
Bonds: 99.67%
Other: 0.63%
Price Chart (6M)
View Full Chart →Top Holdings
View All →| Ticker | Name | Weight |
|---|---|---|
| AL SEEPWR 10/01/2055 | Southeast Energy Authority A Cooperative District | 1.36% |
| CA CCEDEV 02/01/2052 | California Community Adj 2/1/2052 | 0.96% |
| WI PUBPOL 10/01/2046 | Public Fin Auth Wi Poll Control Rev Variable Rate, Due 10/01/2046 | 0.87% |
| LA SJBCTF 06/01/2037 | Parish Of St John The Baptist La 3.3 06/01/2037 | 0.84% |
| NY NYCUTL 06/15/2044 | New York City Municipal Water Finance Authority, Water And Sewer System, Second General Resolution, Fiscal Year 2023, Series 2023, Subseries B-1 3.99999936% 06/15/2044 | 0.83% |
Top 10 Concentration: 8.47%Report Date: Sep 30, 2025
Dividend Summary
View Details →Dividend Yield
3.08%
Frequency
Monthly
Latest Distribution
$0.05
Dec 12, 2025
12M Distributions
12 payments
Total: $0.57
Peer Comparison
Peer Category
••••••••••
Outperforming by ••••%
Ranked #••• of •,••• funds
This ETF
+••.••%
Category Avg
+••.••%
Benchmark
•••••••••• (•••)
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1 Month
-0.10%
YTD
+2.18%
1 Year
+2.18%
3 Year
+8.86%
Top 10 Holdings (8.5% of portfolio)
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AL SEEPWR 10/01/2055 | Southeast Energy Authority A Cooperative District | Utilities | 1.36% |
| 2 | CA CCEDEV 02/01/2052 | California Community Adj 2/1/2052 | Financials | 0.96% |
| 3 | WI PUBPOL 10/01/2046 | Public Fin Auth Wi Poll Control Rev Variable Rate, Due 10/01/2046 | Utilities | 0.87% |
| 4 | LA SJBCTF 06/01/2037 | Parish Of St John The Baptist La 3.3 06/01/2037 | Energy | 0.84% |
| 5 | NY NYCUTL 06/15/2044 | New York City Municipal Water Finance Authority, Water And Sewer System, Second General Resolution, Fiscal Year 2023, Series 2023, Subseries B-1 3.99999936% 06/15/2044 | Financials | 0.83% |
| 6 | FL PALMED 5 11/15/20 | Palm Beach C 5% 11/15/2032 | Health Care | 0.77% |
| 7 | NC NCSMED 02/01/2051 | North Carolina Medical Care Commission, Hospital Revenue Bonds, Caromont Health A/K/A Gaston Health | Financials | 0.72% |
| 8 | AL BBEUTL 07/01/2052 | Black Belt Var 07/52 | Utilities | 0.71% |
| 9 | NM NMSPWR 06/01/2054 | New Mexico St Muni Energy Acquisition Auth Gas Sply 5 06/01/2054 | Financials | 0.71% |
| 10 | OH OHSDEV 11/01/2039 | Ohio St Air Quality Dev Auth Regd V/R B/E Amt 4.25000000 | Financials | 0.70% |