FMB
Closed
First Trust Managed Municipal Etf
49.88
+0.06 (+0.12%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 49.82
Day's Range: 49.78 - 49.93
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When Written:
50.91
The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that seeks to provide investors with exposure to the municipal bond market. The ETF invests in a diversified portfolio of investment-grade municipal bonds issued by state and local governments across the United States. The fund is managed by First Trust Advisors, a leading investment firm with a long history of managing ETFs.
The FMB ETF aims to provide investors with a high level of income and tax-free returns. The fund's portfolio is actively managed, meaning that the fund manager will make adjustments to the portfolio based on market conditions and the fund's investment objectives.
The FMB ETF has an expense ratio of 0.50%, which is relatively low compared to other actively managed municipal bond funds. The fund has a current yield of around 1.5%, which is higher than the average yield of investment-grade municipal bonds.
Investors can purchase shares of the FMB ETF through a brokerage account. The fund's shares trade on the NYSE Arca exchange under the ticker symbol FMB. Investors should carefully consider the fund's investment objectives, risks, and expenses before investing.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The FMB ETF aims to provide investors with a high level of income and tax-free returns. The fund's portfolio is actively managed, meaning that the fund manager will make adjustments to the portfolio based on market conditions and the fund's investment objectives.
The FMB ETF has an expense ratio of 0.50%, which is relatively low compared to other actively managed municipal bond funds. The fund has a current yield of around 1.5%, which is higher than the average yield of investment-grade municipal bonds.
Investors can purchase shares of the FMB ETF through a brokerage account. The fund's shares trade on the NYSE Arca exchange under the ticker symbol FMB. Investors should carefully consider the fund's investment objectives, risks, and expenses before investing.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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