What is the expense ratio of FSMB?

Expense ratio data for FSMB is shown on the page when available from our data provider.

What are the largest holdings in FSMB?

Top holdings include SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL Variable rate, due 11/01/2055, US Dollar, OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039, PUBLIC FIN AUTH WI POLL CONTROL REV Variable rate, due 10/01/2046, DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2031.

How can PortView analyze FSMB overlap with other ETFs?

PortView computes the holdings overlap between FSMB and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

First Trust Short Duration Managed Municipal (FSMB) ETF Holdings & Analysis

ETFOther

$19.84-0.05%

1-year price historyRange $19.81 – $20.24

52-week range$19.84

$19.80$20.25

What FSMB does

First Trust Exchange-Traded Fund III - First Trust Short Duration Managed Municipal ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It invests in the fixed income markets of the United States. The fund invests in the municipal debt securities issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities and with a weighted average duration between 1 and 3 years. It invests in investment grade securities that are rated as at least BBB- by S&P and Fitch and at least Baa3 by Moody’s. The fund seeks to benchmark the performance of its performance against the Bloomberg Municipal Short (1-5) Year Index and the Bloomberg Municipal Bond Index. First Trust Exchange-Traded Fund III - First Trust Short Duration Managed Municipal ETF was formed on November 1, 2018 and is domiciled in the United States.

Fund profile

Top holdings

	Holding	Weight
	SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL Variable rate, due 11/01/2055	1.01%
	US Dollar	0.79%
	OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039	0.78%
	PUBLIC FIN AUTH WI POLL CONTROL REV Variable rate, due 10/01/2046	0.69%
	DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2031	0.69%
	COLORADO ST HLTH FACS AUTH REV Variable rate, due 11/15/2060	0.68%
	WHITING IN ENVRNMNTL FACS REV Variable rate, due 11/01/2045	0.67%
	SAINT JOHN THE BAPTIST PARISH LA Variable rate, due 06/01/2037	0.65%
	UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/2058	0.65%
	MAIN STREET ENERGY INC ENERGY PROJ REV 5%, due 12/01/2033	0.63%

Sector allocation

Cash & Others

100.00%

Geographic allocation

Other

100.00%

PortView Portfolio Insights

PortView analyzes how FSMB fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Related securities

Frequently asked questions

What does FSMB track?: FSMB is the First Trust Short Duration Managed Municipal ETF, a Other ETF.
What is the expense ratio of FSMB?: Expense ratio data for FSMB is shown on the page when available from our data provider.
What are the largest holdings in FSMB?: Top holdings include SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL Variable rate, due 11/01/2055, US Dollar, OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039, PUBLIC FIN AUTH WI POLL CONTROL REV Variable rate, due 10/01/2046, DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2031.
How can PortView analyze FSMB overlap with other ETFs?: PortView computes the holdings overlap between FSMB and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.