FMB

First Trust Managed Municipal ETF
*Unless otherwise stated, data provided by FactSet.

FMB 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. The fund invests in municipal securities of any maturity, though it may lean towards longer-dated revenue bonds to increase yield. 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 might even hold significant amounts of cash.

PERFORMANCE [as of 08/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMB 1.03% 2.89% -8.13% -8.13% -0.49% 1.66% --
FMB (NAV) 1.16% 2.83% -7.92% -7.98% -0.29% 1.79% --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Municipal Bond Index 0.99% 3.48% -6.76% -6.81% -0.04% 1.74% 2.49%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMB Summary Data

First Trust
05/13/14
Open-Ended Fund
0.50%
$2.05B
$17.31M
0.08%

FMB Portfolio Data

6.03
--
3.79%
N/A
1,475

FMB Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Municipal Bond Index

FMB Portfolio Management

0.50%
--
--
--

FMB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FMB Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FMB Factset Analytics Block Liquidity

As of 08/16/22
5
4
3
2
1

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

339,257
$17.31M
297,905
$15.01M
0.08%
$0.04
-0.01%
0.54% / -0.44%
None
100.00%
50,000
5.96
0.02%
--
0
$51.78
N/A

FMB Sector/Industry Breakdown


FMB
Segment Benchmark
83.31%
--
5.33%
--
3.80%
--
2.64%
--
1.75%
--
1.73%
--
0.70%
--
0.40%
--
0.16%
--
0.13%
--

FMB Top 10 Holdings[View All]

1.99%
0.53%
0.52%
0.51%
0.50%
0.50%
0.49%
0.48%
0.44%
0.44%
6.40%

FMB Top 5 Countries


FMB
Segment Benchmark
100.00%
--

FMB Top 5 Currencies


FMB
Segment Benchmark
100.00%
--

FMB Performance Statistics

0.89
0.91
--
--
--

FMB Holdings Statistics


FMB
Segment Benchmark
--
--
6.03
--
--
--
--
--
3.79%
--
6.09
--
Low
--
1,475
--
--
N/A

FMB Maturity Distribution


FMB
Segment Benchmark
--
--
--
--
--
--
--
--
--
--
--
--

FMB Credit Breakdown


FMB
Segment Benchmark
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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