FMB – First Trust Managed Municipal ETF

First Trust Managed Municipal ETF (FMB) is a Muni National Interm ETF, issued by First Trust, $2B in assets, 0.65% expense ratio.

Returns as of Oct 23, 2026: 1 week +0.8%, 1 year -0.6%.

Invests 80%+ in municipal debt securities paying interest exempt from regular federal income taxes under normal market conditions.

Top holdings

• TLT – iShares Trust - iShares 20+ Year Treasury Bond ETF, 0.0%

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