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First Trust Short Duration Managed Municipal ETF (FSMB)

Muni National Short | Exchange Traded Fund | NYSEArca
20.05 USD +0.02 (0.100%) ⇧ (April 17, 2026, 3:59 p.m. EDT)
After hours: 20.05

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★★★
Hot Take | April 11, 2026, 4:18 p.m. EDT

FSMB has shown a relatively stable price range with a recent dip near the 52-week low, but the price has bounced back slightly. The dividend yield is strong at 3.13%, and the dividend payments have been consistent over the past five years, indicating reliability. For short-term traders, the recent volatility might present a buy-the-dip opportunity, but the lack of clear momentum makes it a neutral to slightly bearish play. For long-term investors, the consistent dividend payments and stable fundamentals make it a solid choice, especially given the recent dip. Overall, FSMB is a good candidate for dividend-focused investors and those looking for a balanced approach with a focus on yield.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.003805
AutoETS0.004206
MSTL0.004207
AutoARIMA0.004221

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.79
Ljung-Box p 0.000
Jarque-Bera p 0.277
Excess Kurtosis -0.95

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.27% 3.18% 3.01% 2.44%
Dividend History
Date Dividend Yield %
2026-03-26 0.053 0.266118
2026-02-20 0.053 0.263204
2026-01-21 0.053 0.265407
2025-12-12 0.052 0.262132
2025-11-21 0.052 0.262748
2025-10-21 0.052 0.262446
2025-09-25 0.052 0.262800
2025-08-21 0.052 0.265262
2025-07-22 0.052 0.267493
2025-06-26 0.052 0.267666
2025-05-21 0.051 0.264991
2025-04-22 0.051 0.267775
2025-03-27 0.051 0.265625
2025-02-21 0.051 0.265104
2025-01-22 0.051 0.266320
2024-12-13 0.050 0.261243
2024-11-21 0.050 0.261635
2024-10-22 0.050 0.262160
2024-09-26 0.050 0.262029
2024-08-21 0.049 0.257752
2024-07-23 0.048 0.254450
2024-06-27 0.048 0.256616
2024-05-21 0.047 0.252008
2024-04-23 0.047 0.252865
2024-03-21 0.046 0.246201
2024-02-21 0.044 0.236041
2024-01-23 0.043 0.231655
2023-12-22 0.042 0.225847
2023-11-21 0.042 0.229904
2023-10-24 0.042 0.233435
2023-09-22 0.042 0.232081
2023-08-22 0.042 0.231453
2023-07-21 0.041 0.224195
2023-06-27 0.041 0.225115
2023-05-23 0.039 0.215342
2023-04-21 0.038 0.209015
2023-03-24 0.038 0.209046
2023-02-22 0.036 0.199784
2023-01-24 0.035 0.192005
2022-12-23 0.035 0.194388
2022-11-22 0.035 0.195426
2022-10-21 0.029 0.164048
2022-09-23 0.025 0.140834
2022-08-23 0.024 0.133094
2022-07-21 0.023 0.126969
2022-06-24 0.023 0.128333
2022-05-24 0.023 0.128482
2022-04-21 0.019 0.105834
2022-03-25 0.019 0.104933
2022-02-18 0.019 0.103487
2022-01-21 0.019 0.102180
2021-12-23 0.019 0.101488
2021-11-23 0.019 0.101581
2021-10-21 0.019 0.101673
2021-09-23 0.019 0.101401
2021-08-24 0.019 0.101372
2021-07-21 0.020 0.106651
2021-06-24 0.020 0.107111
2021-05-21 0.020 0.107326
2021-04-21 0.023 0.123472
2021-03-25 0.023 0.124024
2021-02-23 0.025 0.135023
2021-01-21 0.027 0.145580
2020-12-24 0.027 0.146014
2020-11-24 0.028 0.152313
2020-10-21 0.029 0.158963
2020-09-24 0.030 0.164237
2020-08-21 0.030 0.164516
2020-07-21 0.030 0.164803
2020-06-25 0.031 0.171784
2020-05-21 0.033 0.185085
2020-04-21 0.033 0.186769
2020-03-26 0.033 0.184599
2020-02-21 0.033 0.182754
2020-01-22 0.037 0.206033
2019-12-13 0.037 0.207362
2019-11-21 0.039 0.218699
2019-10-22 0.039 0.219383
2019-09-25 0.039 0.219533
2019-08-21 0.039 0.219469
2019-07-23 0.039 0.220800
2019-06-14 0.039 0.222582
2019-05-21 0.039 0.223393
2019-04-23 0.039 0.224653
2019-03-21 0.039 0.225042
2019-02-21 0.039 0.225677
2019-01-23 0.039 0.226292
2018-12-18 0.039 0.227406
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.13

Info Dump

Attribute Value
All Time High 21.03
All Time Low 19.31
Ask 21.16
Ask Size 800
Average Daily Volume10 Day 149,770
Average Daily Volume3 Month 159,422
Average Volume 159,422
Average Volume10Days 149,770
Beta3 Year 0.36
Bid 18.91
Bid Size 1,200
Category Muni National Short
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.05
Day Low 20.04
Dividend Yield 3.13
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.10322
Fifty Day Average Change -0.05821991
Fifty Day Average Change Percent -0.002896049
Fifty Two Week Change Percent 1.8805623
Fifty Two Week High 20.25
Fifty Two Week High Change -0.20499992
Fifty Two Week High Change Percent -0.010123453
Fifty Two Week Low 19.6
Fifty Two Week Low Change 0.4449997
Fifty Two Week Low Change Percent 0.022704065
Fifty Two Week Range 19.6 - 20.25
First Trade Date Milliseconds 1,543,329,000,000
Five Year Average Return 0.0148376
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,541,030,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities.
Long Name First Trust Short Duration Managed Municipal ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_579972164
Nav Price 20.04
Net Assets 584,216,060.0
Net Expense Ratio 0.34
Open 20.03
Phone (800) 621-1675
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 20.045
Post Market Time 1,776,464,521
Previous Close 20.025
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0200005
Regular Market Change Percent 0.0998774
Regular Market Day High 20.05
Regular Market Day Low 20.04
Regular Market Day Range 20.04 - 20.05
Regular Market Open 20.03
Regular Market Previous Close 20.025
Regular Market Price 20.045
Regular Market Time 1,776,455,985
Regular Market Volume 57,992
Short Name First Trust Short Duration Mana
Source Interval 15
Symbol FSMB
Three Year Average Return 0.031059898
Total Assets 584,216,064
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.34211
Trailing Three Month Returns 0.34211
Triggerable 1
Two Hundred Day Average 20.059145
Two Hundred Day Average Change -0.014144897
Two Hundred Day Average Change Percent -0.00070515956
Type Disp ETF
Volume 57,992
Yield 0.0313
Ytd Return 0.34211