The First Trust Managed Municipal ETF (Ticker: FMB) offers investors a strategic approach to accessing the municipal bond market, tailored specifically for those seeking investment-grade securities. As a government-focused ETF, FMB is dedicated to providing exposure to local authority and municipal bonds, ensuring a robust portfolio grounded in quality and reliability. This fund emphasizes a broad maturities niche, allowing for a diversified range of bond durations, which can help mitigate interest rate risk while aiming for optimal yield potential. FMB stands out with its active management strategy, which seeks to capitalize on market inefficiencies and adjust dynamically to changing economic conditions. Ideal for investors looking to balance risk with tax-efficient income, the First Trust Managed Municipal ETF provides a compelling opportunity to invest in the fiscal backbone of communities across the United States.
First Trust Managed Municipal ETF (FMB) Fund Flow Chart
First Trust Managed Municipal ETF (FMB) 1 year Net Flows: $77M
FMB ETF FAQ
What was FMB’s price range in the past 12 months?
FMB lowest ETF price was $48.10 and its highest was $52.13 in the past 12 months.