Under normal market conditions, the fund seeks to achieve its investment objective 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. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities.
Frequently asked questions
What is the First Trust Short Duration Managed Municipal ETF (FSMB) expense ratio?
The First Trust Short Duration Managed Municipal ETF funds expense ratio is 0.55%.
What is First Trust Short Duration Managed Municipal ETF (FSMB) current stock price?
As of the latest data, First Trust Short Duration Managed Municipal ETF stock price is $19.74, with a previous close of $19.70. First Trust Short Duration Managed Municipal ETF gained $0.04 in the last trading session, representing a 0.2% increase.
Does First Trust Short Duration Managed Municipal ETF (FSMB) pay dividends?
Yes. First Trust Short Duration Managed Municipal ETF pays monthly dividends with an annualized yield of 3.22% and an estimated annual payout of $0.64 per share.
When is the next ex-dividend date for First Trust Short Duration Managed Municipal ETF (FSMB)?
The next ex-dividend date is scheduled for October 21, 2026.