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First Trust Ultra Short Duration Municipal ETF (FUMB)

Muni National Short | Exchange Traded Fund | NYSEArca
19.97 USD
After hours: 19.97
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 9:35 a.m. EDT

The ultra-short duration municipal bond strategy offers a stable, defensive profile with a yield of 2.73%, which provides a solid income floor above typical inflation targets. However, the price action reveals significant stagnation; the asset is trading at its 52-week low and is currently below both its 50-day and 200-day moving averages, indicating persistent selling pressure and a failure to recover lost ground over the last year. While the statistical forecast model suggests a tight, high-confidence upward drift over the next 45 days, this short-term technical bounce does not resolve the broader issue of the security failing to trade above its key long-term averages. Consequently, there is no clear directional edge for aggressive entry, making it suitable only for a neutral stance where capital preservation is prioritized over capital appreciation.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.001279
AutoTheta0.001315
AutoETS0.001315
AutoARIMA0.001350

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 75%
H-stat 6.14
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 3.45

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.22% 2.71% 2.79% 2.23%
Dividend History
Date Dividend Yield %
2026-09-24 0.044 0.220884
2026-08-21 0.044 0.219670
2026-07-21 0.044 0.219451
2026-06-25 0.045 0.224439
2026-05-21 0.045 0.224663
2026-04-21 0.046 0.229541
2026-03-26 0.046 0.229198
2026-02-20 0.046 0.228856
2026-01-21 0.046 0.229084
2025-12-12 0.046 0.229426
2025-11-21 0.046 0.229312
2025-10-21 0.046 0.229312
2025-09-25 0.047 0.233715
2025-08-21 0.048 0.238806
2025-07-22 0.049 0.243660
2025-06-26 0.050 0.248880
2025-05-21 0.050 0.249377
2025-04-22 0.050 0.249875
2025-03-27 0.050 0.249128
2025-02-21 0.050 0.248633
2025-01-22 0.050 0.248756
2024-12-13 0.050 0.249004
2024-11-21 0.052 0.258835
2024-10-22 0.052 0.259222
2024-09-26 0.052 0.258578
2024-08-21 0.051 0.253605
2024-07-23 0.050 0.248633
2024-06-27 0.048 0.238925
2024-05-21 0.047 0.234297
2024-04-23 0.045 0.224663
2024-03-21 0.044 0.219561
2024-02-21 0.042 0.209476
2024-01-23 0.041 0.204693
2023-12-22 0.040 0.199302
2023-11-21 0.040 0.199900
2023-10-24 0.039 0.195980
2023-09-22 0.039 0.195783
2023-08-22 0.039 0.195391
2023-07-21 0.039 0.195391
2023-06-27 0.039 0.195489
2023-05-23 0.037 0.185930
2023-04-21 0.036 0.180632
2023-03-24 0.036 0.180270
2023-02-22 0.034 0.170940
2023-01-24 0.032 0.160160
2022-12-23 0.031 0.155701
2022-11-22 0.028 0.140562
2022-10-21 0.028 0.141058
2022-09-23 0.023 0.115927
2022-08-23 0.020 0.100402
2022-07-21 0.017 0.085000
2022-06-24 0.017 0.085170
2022-05-24 0.012 0.060150
2022-04-21 0.010 0.050201
2022-03-25 0.007 0.035035
2022-02-18 0.006 0.029925
2022-01-21 0.005 0.024888
2021-12-23 0.005 0.024826
2021-11-23 0.005 0.024814
2021-10-21 0.005 0.024839
2021-09-23 0.005 0.024802
2021-08-24 0.005 0.024765
2021-07-21 0.006 0.029732
2021-06-24 0.007 0.034705
2021-05-21 0.008 0.039643
2021-04-21 0.009 0.044621
2021-03-25 0.010 0.049554
2021-02-23 0.010 0.049554
2021-01-21 0.011 0.054563
2020-12-24 0.011 0.054509
2020-11-24 0.013 0.064580
2020-10-21 0.013 0.064644
2020-09-24 0.013 0.064548
2020-08-21 0.013 0.064484
2020-07-21 0.013 0.064484
2020-06-25 0.017 0.084535
2020-05-21 0.019 0.094199
2020-04-21 0.019 0.094763
2020-03-26 0.019 0.093874
2020-02-21 0.019 0.094574
2020-01-22 0.021 0.104634
2019-12-13 0.021 0.104530
2019-11-21 0.025 0.124316
2019-10-22 0.025 0.124193
2019-09-25 0.031 0.154229
2019-08-21 0.031 0.154306
2019-07-23 0.031 0.154306
2019-06-14 0.031 0.154613
2019-05-21 0.031 0.154613
2019-04-23 0.031 0.154691
2019-03-21 0.031 0.154613
2019-02-21 0.031 0.154691
2019-01-23 0.031 0.154536
2018-12-18 0.031 0.154459
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.73

Info Dump

Attribute Value
All Time High 21.62
All Time Low 19.37
Ask 24.84
Ask Size 3,000
Average Daily Volume10 Day 355,410
Average Daily Volume3 Month 121,587
Average Volume 121,587
Average Volume10Days 355,410
Beta3 Year 0.08
Bid 16.92
Bid Size 700
Category Muni National Short
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.98
Day Low 19.96
Display Name Ultra Short Duration Muni ETF
Dividend Yield 2.73
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.014
Fifty Day Average Change -0.044000626
Fifty Day Average Change Percent -0.0021984924
Fifty Two Week Change Percent -0.64676404
Fifty Two Week High 20.72
Fifty Two Week High Change -0.75
Fifty Two Week High Change Percent -0.036196914
Fifty Two Week Low 19.88
Fifty Two Week Low Change 0.09000015
Fifty Two Week Low Change Percent 0.0045271707
Fifty Two Week Range 19.88 - 20.72
First Trade Date Milliseconds 1,541,601,000,000
Five Year Average Return 0.0205015
Full Exchange Name NYSEArca
Fullday Change 0.024999619
Fullday Change Percent 0.12531136
Fullday Price 19.97
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 weighted average duration of the fund's portfolio is expected to be less than one year.
Long Name First Trust Ultra Short Duration Municipal ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_580085368
Nav Price 19.96
Net Assets 259,749,408.0
Net Expense Ratio 0.29
Open 19.95
Phone (800) 621-1675
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 19.97
Post Market Time 1,792,008,604
Previous Close 19.97
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 19.98
Regular Market Day Low 19.96
Regular Market Day Range 19.96 - 19.98
Regular Market Open 19.95
Regular Market Previous Close 19.97
Regular Market Price 19.97
Regular Market Time 1,792,008,000
Regular Market Volume 116,374
Short Name First Trust Ultra Short Duratio
Source Interval 15
Symbol FUMB
Three Year Average Return 0.0284639
Total Assets 259,749,408
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.1412
Trailing Three Month Returns -0.1412
Triggerable 1
Two Hundred Day Average 20.0662
Two Hundred Day Average Change -0.09620094
Two Hundred Day Average Change Percent -0.0047941785
Type Disp ETF
Volume 116,374
Yield 0.0273
Ytd Return 1.1296