First Trust Managed Futures Strategy Fund
FMFNYSEARCAFirst TrustAlternative
As of Oct 26, 2026 close
- Assets (AUM)
- $286.03M
- Expense ratio
- 0.98%
- Dividend yield
- 4.79%
- Holdings
- 9
- 52-week range
- $46.42$54.15
- Volume (live)
- -
- Avg. volume (3M)
- 28.79K
FMF ETF: First Trust Managed Futures Strategy Fund - Price, Holdings & Analysis
First Trust Managed Futures Strategy Fund Price Chart
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Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $51.78 - $52.24 |
|---|---|
| 52-Week High | $54.15 |
| 52-Week Low | $46.42 |
| Open | $52.08 |
| Volume (last close) | 19.66K |
| Average Volume (3M) | 28.79K |
| 1 Day Change | +0.04% |
|---|---|
| 1 Month Change | −1.45% |
| 6 Month Change | +1.00% |
| YTD Change | +9.42% |
| 1 Year Change | +5.27% |
| 5 Year Change | +7.73% |
| 10 Year Change | +6.09% |
| Annual Dividend | $2.48 |
|---|---|
| Dividend Yield | 4.79% |
| Last Dividend Ex-Date | Sep 24, 2026 |
| Dividend Growth YoY | +16.33% |
| Assets (AUM) | $286.03M |
|---|---|
| Expense Ratio | 0.98% |
| Total Holdings | 9 |
| Inception Date | Jul 31, 2013 |
| 50-Day MA | $51.60 |
|---|---|
| 200-Day MA | $50.63 |
| RSI | 47.25 |
| Stochastic %K | 11.06 |
| Stochastic %D | 13.82 |
Source: Exchange price data and fund disclosures. Data as of Oct 26, 2026. Data sources and methodology
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.
As of its Oct 4, 2026 holdings, 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 4.79% at the Oct 26, 2026 close, $2.48 per share over the trailing 12 months. As of the Oct 26, 2026 close, the share price is up 5.3% over one year, up 7.7% over five years and up 6.1% 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 $52.01 (Oct 26, 2026 close). The 52-week range is $46.42–$54.15. The share price is up 5.3% over the past year (price change, excluding distributions).
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 4.79% dividend yield (trailing 12 months, at the Oct 26, 2026 close). The most recent ex-dividend date was September 24, 2026. View full dividend history in the Dividends section.
What are the top holdings of FMF?
As of Oct 4, 2026, 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.