As of Oct 2, 2026 close
- Assets (AUM)
- $286.03M
- Expense ratio
- 0.98%
- Dividend yield
- 4.33%
- Holdings
- 9
- 52-week range
- $46.42$52.85
- Volume (live)
- —
- Avg. volume (3M)
- 35.10K
FMF ETF: First Trust Managed Futures Strategy Fund - Price, Holdings & Analysis
First Trust Managed Futures Strategy Fund Price Chart
Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $51.68 - $52.18 |
|---|---|
| 52-Week High | $52.85 |
| 52-Week Low | $46.42 |
| Open | $51.68 |
| Volume (last close) | 15.35K |
| Average Volume (3M) | 35.10K |
| Assets (AUM) | 286.03M |
|---|---|
| Expense Ratio | 0.98% |
| Total Holdings | 9 |
| Inception Date | Jul 31, 2013 |
| 1 Day Change | −0.26% |
|---|---|
| 1 Month Change | +1.89% |
| 6 Month Change | +1.03% |
| YTD Change | +9.74% |
| 1 Year Change | +6.42% |
| 52-Week Change | +7.43% |
| 5 Year Change | +8.89% |
| 10 Year Change | +8.46% |
| 50-Day MA | $51.08 |
|---|---|
| 200-Day MA | $50.30 |
| RSI | 54.60 |
| Stochastic %K | 32.48 |
| Stochastic %D | 41.88 |
| Annual Dividend | $2.25 |
|---|---|
| Dividend Yield | 4.33% |
| Last Dividend Ex-Date | Jun 25, 2026 |
| Dividend Growth YoY | 5.57% |
FMF at a Glance
First Trust Managed Futures Strategy Fund (FMF) is an alternative ETF from First Trust, launched in July 2013. It manages $286.03M in assets and charges a 0.98% expense ratio, about $98 a year per $10,000 invested.
It holds 9 positions. The largest are Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio (NMFQS:MISXX, 18.96%), Morgan Stanley Instl Lqudty Trs Instl (MUTF:MISXX, 15.33%) and United States Treasury Bills 0% (B.0 12.17.26, 13.80%).
It pays distributions yielding 4.33%, $2.25 per share over the last year. The share price is up 6.4% over one year, up 8.9% over five years and up 8.5% over ten years (price change, excluding distributions).
Frequently Asked Questions About First Trust Managed Futures Strategy Fund
What is the current price of FMF?
The latest FMF price is $52.06 (Oct 2, 2026 close). The 52-week range is $46.42–$52.85. FMF has returned 7.4% over the past 52 weeks.
What is the expense ratio for FMF?
FMF's annual expense ratio is 0.98%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Alternative ETFs in the ETF Screener.
Does FMF pay dividends?
Yes, FMF pays a 4.33% dividend yield. The last ex-dividend date was 2026-06-25. View full dividend history in the Dividends section.
What are the top holdings of FMF?
FMF's largest holdings are Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio (19.0%), Morgan Stanley Instl Lqudty Trs Instl (15.3%), United States Treasury Bills 0% (13.8%) (combined weight: 48.1%). The fund holds 9 total positions. View the complete portfolio breakdown in the Holdings section.
How does FMF compare to similar ETFs?
Compare FMF (0.98% expense ratio, $286M AUM) against similar Alternative ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.