First Trust Managed Municipal ETF (FMB)
FMB Price Chart
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FMB ETF Profile
Key details and information about First Trust Managed Municipal ETF (FMB).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Inception Date
15 May 2014
Country
US
Description
The main goal of this Fund is to provide an ongoing stream of income that is not subject to regular federal income taxes. Its secondary aim is to achieve long-term growth in the value of its investments. Under typical market conditions, the Fund works towards these objectives by allocating at least 80% of its net assets (including any borrowed capital) to municipal debt instruments that pay interest which is exempt from standard federal income taxation.
FMB ETF Performance
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