FUMB – First Trust Ultra Short Duration Municipal

First Trust Ultra Short Duration Municipal (FUMB) is a Muni National Short ETF, issued by First Trust, $236M in assets, 0.45% expense ratio.

Returns as of Oct 23, 2026: 1 week -0.0%, 1 year +2.9%.

Invests 80% in municipal debt securities exempt from federal income tax. Maintains weighted average portfolio duration under one year.

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