Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest 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 8.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Interest/Overdraft | 2.36 | 9.8 Mil | Cash and Equivalents |
MIAMI-DADE CNTY FLA SEAPORT REV 5% | 1.05 | 4.4 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 1.04 | 4.3 Mil | municipal |
UNIVERSITY TEX PERM UNIV FD 5% | 1.00 | 4.2 Mil | municipal |
PUBLIC FIN AUTH WIS POLLUTION CTL REV 3.3% | 0.95 | 4.0 Mil | municipal |
HENNEPIN CNTY MINN SALES TAX REV 5% | 0.88 | 3.7 Mil | municipal |
ROCKPORT IND POLLUTION CTL REV 3.05% | 0.86 | 3.6 Mil | municipal |
NORTH CAROLINA MED CARE COMMN HOSP REV 5% | 0.85 | 3.5 Mil | municipal |
OHIO ST AIR QUALITY DEV AUTH REV 4.25% | 0.73 | 3.0 Mil | municipal |
HALIFAX HOSP MED CTR FLA HOSP REV 5% | 0.72 | 3.0 Mil | municipal |