Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.
Frequently asked questions
What is the First Trust Managed Municipal ETF (FMB) expense ratio?
The First Trust Managed Municipal ETF funds expense ratio is 0.65%.
What is First Trust Managed Municipal ETF (FMB) current stock price?
As of the latest data, First Trust Managed Municipal ETF stock price is $50.61, with a previous close of $50.62. First Trust Managed Municipal ETF lost -$0.01 in the last trading session, representing a -0.02% loss.
Does First Trust Managed Municipal ETF (FMB) pay dividends?
Yes. First Trust Managed Municipal ETF pays monthly dividends with an annualized yield of 3.6% and an estimated annual payout of $1.82 per share.