Skip to Content

First Trust Managed Municipal ETF FMB

Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FMB

Will FMB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A healthy serving of credit risk.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

First Trust Managed Municipal ETF FMB’s growing resources are encouraging, but the strategy still lacks the research breadth of larger competitors, especially given its tendency to take significant credit risk. This supports a Morningstar Analyst Rating of Neutral.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMB

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 4.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Interest/Overdraft

0.92 18.0 Mil
Cash and Equivalents

MEADE CNTY KY INDL BLDG REV 3.7%

0.82 16.2 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.74 14.5 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%

0.52 10.3 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

0.52 10.1 Mil
municipal

TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%

0.48 9.5 Mil
municipal

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%

0.48 9.4 Mil
municipal

ATLANTA GA ARPT PASSENGER FAC CHARGE REV 4%

0.46 9.0 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

0.44 8.6 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%

0.42 8.3 Mil
municipal