FMB
First Trust Managed Municipal ETFFMB Fund Description
FMB is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure.
FMB Factset Analytics Insight
FMB is an actively managed portfolio that aims to take advantage of inefficiencies in the illiquid muni bond market to select issues that will provide highest total returns. It attempts to do this by a combination of top-down sector analysis and fundamental credit research of individual issues. To increase yield, it is heavily weighted toward longer-dated revenue bonds. While it can dip into the high-yield space, it tends to favor the lower-rated end of the investment-grade market. At times it will even hold significant amounts of cash. The fund has middling daily volume and spreads tend be to be sizeable. Institutional traders may face challenges with block execution in this liquidity-starved space. Fees are reasonable for an actively managed fund.
FMB CHARTS AND PERFORMANCE
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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1 Month
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3 Months
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YTD
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1 Year
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3 Years
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5 Years
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Max
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FMB Top 10 Countries
FMB Top 10 Sectors
FMB Top 10 Holdings [View All]
FMB Portfolio Data
FMB Portfolio Management
FMB Tax Exposures
FMB Fund Structure
FMB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FMB. FMB is rated a N/A out of 5.
FMB Tradability
FMB Sector/Industry Breakdown
FMB
FMB Top 10 Holdings[View All]
FMB Top 5 Countries
FMB
FMB Top 5 Currencies
FMB
FMB Performance Statistics
FMB HOLDINGS STATISTICS
FMB AVG LIFE MATURITY DISTRIBUTION
FMB OAS BREAKDOWN
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