Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
First Trust Short Dur Mgd Muncpl ETF FSMB
Morningstar’s Analysis FSMB
Will FSMB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash | 1.21 | 5.1 Mil | Cash and Equivalents |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 1.07 | 4.5 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 1.01 | 4.3 Mil | municipal |
MIAMI-DADE CNTY FLA SEAPORT REV 5% | 1.01 | 4.3 Mil | municipal |
PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3% | 0.93 | 3.9 Mil | municipal |
HENNEPIN CNTY MINN SALES TAX REV 5% | 0.86 | 3.6 Mil | municipal |
ROCKPORT IND POLLUTION CTL REV 3.05% | 0.85 | 3.6 Mil | municipal |
NORTH CAROLINA MED CARE COMMN HOSP REV 5% | 0.83 | 3.5 Mil | municipal |
OHIO ST AIR QUALITY DEV AUTH REV 4.25% | 0.74 | 3.1 Mil | municipal |
HALIFAX HOSP MED CTR FLA HOSP REV 5% | 0.70 | 3.0 Mil | municipal |