FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
First Trust Short Duration Managed Municipal ETF ETF AnalysisComprehensive ETF analysis for First Trust Short Duration Managed Municipal ETF (FSMB) including NAV, expense ratio, sector breakdown, and holdings data.ETF AnalysisFSMB
FSMB
First Trust Short Duration Managed Municipal ETF
FSMB
  1. Home
  2. Screener
  3. First Trust Short Duration Managed Municipal ETFFSMBETF
First Trust Short Duration Managed Municipal ETF Logo

First Trust Short Duration Managed Municipal ETF

ETF
🇺🇸FSMB•AMEX•Municipal Bond

Your view on FSMB

First Trust Short Duration Managed Municipal ETF Logo

First Trust Short Duration Managed Municipal ETF

ETFFirst Trust
🇺🇸FSMB•AMEX•Municipal Bond
AUM (USD)$621.73M
Expense Ratio0.34%
Holdings485

Sentiment

AUM (USD)

$621.73M

Expense Ratio

0.34%

Holdings

485

Sentiment

FSMB
First Trust Short Duration Managed Municipal ETF
FSMB

Overview for First Trust Short Duration Managed Municipal ETF

Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Municipal Bond
Sector
Financial Services
Industry
Asset Management
Inception Date
November 1, 2018
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FSMB
Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Municipal Bond
Sector
Financial Services
Industry
Asset Management
Inception Date
November 1, 2018
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FSMB
Fund Type
ETF
Fund Issuer
First Trust
Asset Class
Municipal Bond
Sector
Financial Services
Industry
Asset Management
Inception Date
November 1, 2018
Domicile
US
Website
ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FSMB

About this fund

The First Trust Short Duration Managed Municipal ETF seeks to provide federally tax-exempt income consistent with capital preservation. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (including invest…

FSMB Stock Price

Key Facts

Municipal Bond

Expense Ratio

0.34%

AUM

$621.73M

Fund Details

NAV$19.80 USD
Holdings485
Average Volume125.5K
Inception DateNovember 1, 2018
Asset ClassMunicipal Bond
Fund IssuerFirst Trust
DomicileUS
ISINUS33739P8308
CUSIP33739P830
NAV CurrencyUSD

Expense Ratio

0.34%

Assets Under Management

$621.73M

NAV

$19.80 USD

Holdings

485

Average Volume

125.5K

Inception Date

November 1, 2018

Asset Class

Municipal Bond

Fund Issuer

First Trust

Domicile

US

ISIN

US33739P8308

CUSIP

33739P830

NAV Currency

USD

Expense Ratio

0.34%

Assets Under Management

$621.73M

NAV

$19.80 USD

Holdings

485

Average Volume

125.5K

Inception Date

November 1, 2018

Asset Class

Municipal Bond

Fund Issuer

First Trust

Domicile

US

ISIN

US33739P8308

CUSIP

33739P830

NAV Currency

USD

Data last updated: Sep 11, 2026, 07:10 AM

Latest headlines and company announcements for this company. Press releases and market coverage, newest first.

News

Latest Market News

this company valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

News

Latest Market News

What is FSMB?

First Trust Short Duration Managed Municipal ETF (FSMB) is a Municipal Bond fund from First Trust, listed since 2018, with $621.7M in assets under management, a 0.34% expense ratio, a NAV of $19.80 USD.

What's in FSMB? Top 10 holdings

HoldingWeight
SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL Variable rate, due 11/01/20550.95%
NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/20410.92%
CHICAGO IL O'HARE INTL ARPT REV N/C, 5%, due 01/01/20310.81%
OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/20390.75%
KENTUCKY ST PUBLIC ENERGY AUTH Variable rate, due 06/01/20550.72%
WHITING IN ENVRNMNTL FACS REV Variable rate, due 11/01/20450.64%
COLORADO ST HLTH FACS AUTH REV Variable rate, due 11/15/20600.64%
MOBILE AL INDL DEV BRD POLL CONTROL Variable rate, due 06/01/20340.63%
UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/20580.63%
EFFINGHAM CNTY GA INDL DEV AUTH Variable rate, due 02/01/20380.63%

FSMB sector breakdown

  • Cash & Others 100.00%

Comparable funds

  • DFCADimensional - California Municipal Bond ETF
  • ELMElm Market Navigator ETF
  • IBNDSPDR Bloomberg International Corporate Bond ETF
  • JNUGDirexion Daily Junior Gold Miners Index Bull 2X Shares
  • MUSTColumbia Multi-Sector Municipal Income ETF
  • SCECSterling Capital Enhanced Core Bond ETF
  • SDSProShares - UltraShort S&P500
  • SIXHETC 6 Meridian Hedged Equity Index Option ETF

More First Trust ETFs

  • LDSFFirst Trust Low Duration Strategic Focus ETF
  • LEGRFirst Trust Indxx Innovative Transaction & Process ETF
  • LGOVFirst Trust Long Duration Opportunities ETF
  • LMBSFirst Trust Low Duration Opportunities ETF
  • LQTIFT Vest Investment Grade & Target Income ETF
  • LTTIFT Vest 20+ Year Treasury & Target Income ETF
  • MARMFT Vest U.S. Equity Max Buffer ETF - March
  • MDEVFirst Trust Indxx Medical Devices ETF
  • MDIVMulti-Asset Diversified Income Index Fund
  • MFLXFirst Trust Flexible Municipal High Income ETF
  • MGOVFirst Trust Intermediate Government Opportunities ETF
  • MISLFirst Trust Indxx Aerospace & Defense ETF