First Trust Short Duration Managed Municipal ETF (FSMB) price, chart and fund profile

Price chart

Fund profile

FSMB is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation.

Issuer

First Trust Advisors L.P.

Industry

—

Inception

Nov 1, 2018

Assets under management

$623.3M

Expense ratio

0.34%

Net asset value

$19.88

NAV as of

Aug 28, 2026

Distributions

Monthly

Leverage

1×

Fund page

www.ftportfolios.com↗

• What is First Trust Short Duration Managed Municipal ETF (FSMB)?

  FSMB is an actively managed portfolio of US municipal debt with a targeted portfolio duration of 1 to 3 years. The fund seeks tax-exempt income and capital preservation.

• What is FSMB's expense ratio?

  First Trust Short Duration Managed Municipal ETF charges an annual expense ratio of 0.34%. The fund is issued by First Trust Advisors L.P..

• How large is FSMB?

  First Trust Short Duration Managed Municipal ETF manages $623.3M in assets and has traded since Nov 1, 2018.

• How do I buy shares of First Trust Short Duration Managed Municipal ETF (FSMB)?

  FSMB 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.