ETF Trace

Fund report

US-listed

FMB

The Fund’s primary investment objective is to generate current income that is exempt from regular federal income taxes and its secondary objective is long term capital appreciation.
First Trust Managed Municipal ETF
First Trust

1,276 holdings as of 2026-07-31 · top 10 = 5.1% · TER 0.39%

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Concentration
Well diversifiedtop 10 = 5.1%
diversifiedconcentrated
GROWTH · NAV (USD)rebased to 0%
Holdings
1,276
as of 2026-07-31
Top 10
5.1%
TER
0.39%
cheaper than 32% of peers
Net assets
US$2.05B
Largest
0.8%
P / E
–
Sections
Holdings as of 2026-07-31.
01Overview
the fund's regulatory facts
Fund currency
USD
Volatility 1Y
3.8%
How it tracks
Actively managed
02Performance
market price return · as of 2026-10-16
1M
-0.7%
3M
-4.6%
6M
-5.2%
YTD
-4.8%
1Y
-5.0%
03Holdings
50 largest · as of 2026-07-31
#CompanyIdentifierWeight
1MEADE CNTY KY INDL BLDG REVENU USUS583022AE86
0.8
2MAIN STREET NATURAL GAS INC GA USMAIUTL
0.7
3BLACK BELT ENERGY GAS DIST AL USUS09182TAF49
0.5
4New York City Transitional Finance Authority Future Tax Secured Revenue USUS64971XNF14
0.5
5Energy Southeast A Cooperative District USUS292723AK96
0.4
6TEXAS ST MUNI GAS ACQUISITION& USUS88256PAT75
0.4
7TENNESSEE ENGY ACQ CRP GAS REV USTNSUTL
0.4
8ATLANTA GA ARPT PASSENGER FAC USUS04780TDL52
0.4
9NEW YORK ST DORM AUTH SALES TA USUS64990AMP74
0.4
10Southeast Energy Authority A Cooperative District USUS84136FAH01
0.4
11PUERTO RICO SALES TAX FING COR USUS74529JPU33
0.4
12Colorado (State of) Health Facilities Authority (SCL Health System) USUS19648FMB75
0.4
13Black Belt Energy Gas District USUS09182TAM99
0.4
14New York City Municipal Water Finance Authority USUS64972GT950
0.4
15SAN FRANCISCO CA CITY &CNTY AR USUS79766DLZ05
0.4
16TARRANT CNTY TX CULTURAL EDU F USUS87638QTJ84
0.3
17San Antonio Water System USUS79642GQR64
0.3
18Kentucky Public Energy Authority USUS74440DCM48
0.3
19PENNSYLVANIA ST ECON DEV FING USUS70868YAM12
0.3
20E BATON ROUGE PARISH LA SWR CO USUS270618FQ99
0.3
21NEW YORK NY USUS64966QVS64
0.3
22NEW YORK NY USUS64966QK588
0.3
23WALKER CNTY AL ECON & INDL DEV USUS931542AB08
0.3
24North Texas Tollway Authority USUS66285WZW99
0.3
25Black Belt Energy Gas District USUS09182TJX63
0.3
26Connecticut (State of) USUS20772KJB61
0.3
27CHATTANOOGA TN HLTH EDUCTNL &H USUS162410FE92
0.3
28LOWER COLORADO RIVER TX AUTH T USUS54811BR528
0.3
29Energy Southeast A Cooperative District USESDPWR
0.3
30ISLE OF WIGHT CNTY VA ECON DEV USILWDEV
0.3
31South Carolina Jobs-Economic Development Authority USUS837032BZ39
0.3
32BLACK BELT ENERGY GAS DIST AL USUS09182TCG04
0.3
33WASHINGTON ST USUS93974EH589
0.3
34Southeast Energy Authority A Cooperative District USSEEPWR
0.3
35NEW YORK NY USUS64966QCU22
0.3
36IPS MULTI-SCH BLDG CORP IN USUS46263RTW50
0.3
37Texas Private Activity Bond Surface Transportation Corp. USUS882667AT51
0.3
38PORT OF SEATTLE WA REVENUE USUS735389Q762
0.3
39City & County of Denver CO Airport System Revenue USUS249182LF11
0.3
40DENVER CITY & CNTY CO ARPT REV USUS249182LR58
0.3
41TEXAS WTR DEV BRD REVENUE USUS88285ABF49
0.3
42Tri-County Metropolitan Transportation District of Oregon USUS89546RPT58
0.3
43Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care) USUS605360SC14
0.2
44Commonwealth of Puerto Rico USUS74514L3K10
0.2
45ENERGY SOUTHEAST ALA COOP DIST USESDPWR
0.2
46MONTGOMERY CNTY PA INDL DEV AU USUS61361TAA97
0.2
47E ALLEN IN MULTI-SCH BLDG CORP USUS270456KB11
0.2
48KENTUCKY ST MUNI ENERGY AGY PW USUS491499AR08
0.2
49SOUTHEAST ENERGY AUTH AL COOPE USSEEPWR
0.2
50SAN FRANCISCO CA CITY &CNTY AR USUS79766DWS43
0.2
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04Exposure
Bonds 100.0%
By country
USUnited States99.3%
PRPR0.2%
CurrencyUSD 99.3%

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