FSMB – First Trust Short Duration Managed Municipal ETF

First Trust Short Duration Managed Municipal ETF (FSMB) is a Muni National Short ETF, issued by First Trust, $654M in assets, 0.56% expense ratio.

Returns as of Oct 23, 2026: 1 week +0.3%, 1 year +1.4%.

Invests 80% in municipal debt securities exempt from federal income tax. May include fixed, variable, or floating-rate securities.

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