First Trust Managed Municipal ETF (FMB) price, chart and fund profile

Price chart

Fund profile

FMB is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure.

Issuer

First Trust Advisors L.P.

Industry

—

Inception

May 13, 2014

Assets under management

$2.1B

Expense ratio

0.39%

Net asset value

$50.06

NAV as of

Aug 28, 2026

Distributions

Monthly

Leverage

1×

Fund page

www.ftportfolios.com↗

• What is First Trust Managed Municipal ETF (FMB)?

  FMB is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure.

• What is FMB's expense ratio?

  First Trust Managed Municipal ETF charges an annual expense ratio of 0.39%. The fund is issued by First Trust Advisors L.P..

• How large is FMB?

  First Trust Managed Municipal ETF manages $2.1B in assets and has traded since May 13, 2014.

• How do I buy shares of First Trust Managed Municipal ETF (FMB)?

  FMB trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.