FMB

First Trust Managed Municipal ETF
NASDAQ

Real-time Quotes | Provided by Morningstar

55.76
-0.03
-0.05%
Opening 13:00 09/22 EDT
OPEN
55.81
PREV CLOSE
55.79
HIGH
55.84
LOW
55.75
VOLUME
61.41K
TURNOVER
--
52 WEEK HIGH
57.49
52 WEEK LOW
48.96
TOTAL ASSET
1.63B
YTD YIELD
1.91%
1D
5D
1M
3M
1Y
5Y
News
Performance
Our 'Borrower's Paradise' Continues
In U.S. high yield bonds we find the riskiest of credits.I have some concerns about municipal bonds and am particularly concerned about municipal pension bonds.Our 'Borrower's Paradise' is also good news for many leveraged ETFs and closed-end funds.
Seekingalpha · 1d ago
Muni Haircuts
Municipal bonds are illiquid and tax-exempt and thus well targeted at very wealthy high-income individuals who face high tax rates.Given the racial disparity in wealth, it would be astounding if the disparity in municipal bond holding were not very large as well.To forestall a bankruptcy, you do not just lend money for current operations - you end up taking on past debts.
Seekingalpha · 4d ago
Muni Bond Defaults Remain Rare Through 2019
Municipal defaults and bankruptcies remain rare overall, even though they may have become more common over the last 10 years.At the end of 2019, the median rating for U.S. municipal credits had risen to Aa2 (2018: Aa3).We still believe that municipal bonds remain important to the core strategy of constructing an individual portfolio.
Seekingalpha · 4d ago
What's Next For The Muni Market?
Seeking Alpha - Article · 05/21 00:03
Muni Fortnightly - February 3, 2020
Seeking Alpha - Article · 02/05 07:25
Municipal Bond Perspective: Approach High Yield With Caution In 2020
Seeking Alpha - Article · 01/29 03:30
5 Safe And Cheap Dividend Stocks To Invest (December 2019)
Seeking Alpha - Article · 12/07/2019 14:29
Top Holdings Of Dividend ETFs (Part 2: The Top 7 By Sector In November 2019)
Seeking Alpha - Article · 12/07/2019 14:00
More
No Data
No Data
Ratings
Date
Period
Agency
Ratings
08/31/2020
3 Year
Morningstar
08/31/2020
5 Year
Morningstar
  • Performance
  • Asset Allocation
  • Dividend History
Period
Return
Rank in Cat
1-Month
-0.3138%
--
3-Month
2.9910%
--
6-Month
-1.3866%
--
1-Year
1.9057%
--
3-Year
3.9870%
--
5-Year
4.4762%
--
Since Inception
4.4667%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
First Trust Managed Municipal ETF
Risk
Medium risk
Inception Date
2014-05-13
Benchmark
Bloomberg Barclays Municipal Bond TR
Advisor Company
First Trust
Custodian
Brown Brothers Harriman & Co.
Manager
Futrell/Wilhelm