First Trust Managed Municipal ETF
AJM Ventures LLC FMB ETF
| FMB Price | $52 |
Market Cap | $2.02B |
| Annual Dividend Yield | 3.08% |
Annual Dividend | $1.60 |
| Yearly Management Fee | 0.65% |
Asset Class | Fixed income |
| Focus | |
Category | Government, Local Authority/municipal |
| Niche | Broad maturities |
Last 24h Volume | $153.7K |
| Portfolio Management Company | AJM Ventures LLC |
Discount/Premium to NAV | -0.02% |
| Inception Date | May 13, 2014 |
Market Cap Rank | 481 |
| Monthly AUM Growth | 1.88% |
Holdings Region | North America |
| Management Style | Active |
Leverage | Non-Leveraged |
| Description | Best investment Environment | Expected Return |
Invests in managed municipal bonds. |
Low interest rates, stable municipal financing |
Low return potential, low risk. |
First Trust Managed Municipal ETF is an ETF issued by AJM Ventures LLC on May 13 2014.
The main focus of this ETF, which is in the "Fixed income" asset class, is determined as "".
As of today, the price of FMB ETF according to its net asset value is discounted at -0.02%.
While the total value of the fund shows $37.33M increase compared to the previous month, its price is traded daily at a decrease of -0.06%.
The annual dividend yield of FMB ETF is 3.08%, whereas its main asset area is North America.
FMB ETF, whose 24-hour total volume is $153.7K, has experienced a $23.28M cash inflow in the last month.
In addition, First Trust Managed Municipal ETF's one-year net asset value total return is 6.05%.
FMB ETF Returns
| Daily |
Weekly |
Monthly |
3 Mo |
6 Mo |
YTD |
Yearly |
| -0.06% |
0.19% |
0.81% |
1.33% |
0.91% |
0.79% |
4.08% |
FMB ETF NAV Total Return
| Monthly |
3 Mo |
YTD |
Yearly |
3 Years |
5 Years |
| 0.70% |
1.49% |
2.12% |
6.05% |
-2.69% |
5.15% |
FMB ETF Comments
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