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First Trust Short Duration Managed Municipal ETF (FSMB) ETF Overview

Name: First Trust Short Duration Managed Municipal ETF (FSMB) price history and fund statistics
Creator: TickerBase
License: https://creativecommons.org/licenses/by/4.0/

Price history, fund statistics and profile — an exchange-traded fund.

Exchange-Traded Funds · Muni National Short · DATA UPDATED 2026-08-31

First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund managed by First Trust in the "Muni National Short" category. It manages roughly $622 million in assets.

Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.

Interactive chart & fund stats →

FSMB Fund Statistics

Expense ratio	0.34%
Trailing yield	3.18%
Assets under management	$622 million
Fund category	Muni National Short
Fund family	First Trust
Inception	2018-11-01

The live price chart, fund profile and news are in the interactive FSMB viewer.

Other Companies in Muni National Short

MEAR · iShares Short Maturity Municipal Bond Active ETF — $1 billion
SMMU · PIMCO Short Term Municipal Bond Active Exchange-Traded Fund — $1 billion
VSDM · Vanguard Short Duration Tax-Exe — $831 million
EVSM · Eaton Vance Short Duration Municipal Income ETF — $781 million
BKMS · BNY Mellon Municipal Short Duration ETF — $428 million
SMB · VanEck Short Muni ETF — $311 million
FUMB · First Trust Ultra Short Duration Municipal ETF — $246 million
TAXS · Northern Trust Short-Term Tax-Exempt Bond ETF — $130 million

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