FMBFirst Trust Managed Municipal ETF

Get income Grow my money12y track recordRanked #283 of 1,628 in this goal

The Fund's primary investment objective is to generate current income exempt from federal income taxes and long-term capital appreciation.

By First Trust · Launched 2014

Annual Cost

0.39%

#1,960 of 5,573 · average

Fund Size

$2.0B

#740 of 5,573 · large

Dividend YieldGoal

3.51%

Track Record

12 years

#1,185 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,492+4.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 5.4% of fund✓ well diversified

MEADE CNTY KY INDL BLDG REVENU

0.8%

MAIN STREET NATURAL GAS INC GA

0.8%

NEW YORK CITY NY TRANSITIONAL

0.5%

BLACK BELT ENERGY GAS DIST AL

0.5%

TEXAS ST MUNI GAS ACQUISITION&

0.5%

ENERGY S E AL A COOPERATIVE DI

0.5%

ATLANTA GA ARPT PASSENGER FAC

0.5%

NEW YORK ST DORM AUTH SALES TA

0.4%

SOUTHEAST ENERGY AUTH AL COMMO

0.4%

PUERTO RICO SALES TAX FING COR

0.4%

Asset allocation

Bonds

99.3%

Cash

0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.6%Low

Year-on-year price swings

Max drawdown

-14.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.10Below average

Sortino (3Y)

0.13Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

10.4 years

Credit ratings

AAA

6.7%

40.1%

30.8%

BBB

10.6%

2.6%

0.2%

Other

9.1%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: The Fund's primary investment objective is to generate current income exempt from federal income taxes and long-term capital appreciation.
Strategy: Invests at least 80% of net assets in municipal debt securities exempt from federal income taxes. Seeks to generate current income and long-term capital appreciation. The advisor selects securities through total return scenario analysis, sector analysis, new issue credit analysis, trading, and surveillance. At least 65% of net assets are in investment grade securities, with up to 35% in below investment grade or unrated securities. May also invest in derivatives.
Inception date: May 13, 2014
Fund family: First Trust