First Trust Managed Municipal ETF
FMBNASDAQFirst TrustFixed Income
As of Oct 23, 2026 close
- Assets (AUM)
- $1.94B
- Expense ratio
- 0.39%
- Dividend yield
- 3.77%
- Holdings
- 1,248
- 52-week range
- $47.39$52.03
- Volume (live)
- -
- Avg. volume (3M)
- 637.76K
FMB ETF: First Trust Managed Municipal ETF - Price, Holdings & Analysis
First Trust Managed Municipal ETF Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $48.95 - $49.13 |
|---|---|
| 52-Week High | $52.03 |
| 52-Week Low | $47.39 |
| Open | $49.13 |
| Volume (last close) | 832.40K |
| Average Volume (3M) | 637.76K |
| 1 Day Change | +0.87% |
|---|---|
| 1 Month Change | +0.72% |
| 6 Month Change | −4.35% |
| YTD Change | −4.36% |
| 1 Year Change | −4.39% |
| 5 Year Change | −13.35% |
| 10 Year Change | −8.67% |
| Annual Dividend | $2.01 |
|---|---|
| Dividend Yield | 3.77% |
| Last Dividend Ex-Date | Oct 21, 2026 |
| Dividend Growth YoY | +17.65% |
| Years Dividend Growth | 4 |
| Assets (AUM) | $1.94B |
|---|---|
| Expense Ratio | 0.39% |
| Total Holdings | 1,248 |
| Inception Date | May 12, 2014 |
| 50-Day MA | $49.15 |
|---|---|
| 200-Day MA | $50.68 |
| RSI | 52.11 |
| Stochastic %K | 87.93 |
| Stochastic %D | 92.14 |
Source: Exchange price data and fund disclosures. Data as of Oct 23, 2026. Data sources and methodology
FMB at a Glance
First Trust Managed Municipal ETF (FMB) is a fixed income ETF from First Trust, launched in May 2014. It manages $1.94B in assets and charges a 0.39% expense ratio, about $39 a year per $10,000 invested.
As of its Oct 4, 2026 holdings, it holds 1,248 positions. The largest are MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% (GA.MAIUTL 09.01.2052, 0.75%), PEFA INC IOWA GAS PROJ REV 5% (IA.PEFUTL 5 04.01.2035, 0.50%) and ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5% (AL.ESDPWR 11.01.2053, 0.47%).
It pays distributions yielding 3.77% at the Oct 23, 2026 close, $2.01 per share over the trailing 12 months. As of the Oct 23, 2026 close, the share price is down 4.4% over one year, down 13.3% over five years and down 8.7% over ten years (price change, excluding distributions).
Frequently Asked Questions About First Trust Managed Municipal ETF
What is the current price of FMB?
The latest FMB price is $49.07 (Oct 23, 2026 close). The 52-week range is $47.38–$52.03. The share price is down 4.4% over the past year (price change, excluding distributions).
What is the expense ratio for FMB?
FMB's annual expense ratio is 0.39%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Fixed Income ETFs in the ETF Screener.
Does FMB pay dividends?
Yes, FMB pays a 3.77% dividend yield (trailing 12 months, at the Oct 23, 2026 close). The most recent ex-dividend date was October 21, 2026. View full dividend history in the Dividends section.
What are the top holdings of FMB?
As of Oct 4, 2026, FMB's largest holdings are MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% (0.8%), PEFA INC IOWA GAS PROJ REV 5% (0.5%), ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5% (0.5%) (combined weight: 1.7%). The fund holds 1248 total positions. View the complete portfolio breakdown in the Holdings section.
How does FMB compare to similar ETFs?
Compare FMB (0.39% expense ratio, $1.94B AUM) against similar Fixed Income ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.