First Trust Managed Municipal ETF

$51.43

Key Metrics

TER 0.39% per year
Distribution policy Distributing
Fund size USD 2,010 M
Inception date May 13, 2014
Holdings 1,256
Fund currency USD
Fund domicile US
Provider First Trust
For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
Managed Municipal ETF FMB
Fund Size
$2.03B
Dividend
3.5%
Fees
0.39%

Historical Return

Last updated: Jul 01, 2026
1 Year +3.0% +3.5% Div
3 Years (avg.) +0.4% +3.5% Div
5 Years (avg.) -2.2% +3.5% Div

Risk & Analysis Metrics

Last updated: Jul 01, 2026

Volatility

2.75% 1 Year
3.84% 3 Years
3.79% 5 Years
4.56% 10 Years

Max Drawdown

-3.03% 1 Year
-5.69% 3 Years
-16.84% 5 Years
-16.84% 10 Years

Sharpe Ratio

-0.59 1 Year
-0.99 3 Years
-1.68 5 Years
-1.03 10 Years

Return Triangle (Heatmap)

Last updated: Jul 01, 2026
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2014 2.0% 0.8% 0.1% 1.2% 0.7% 1.4% 1.5% 1.4% -0.2% 0.1% 0.0% 0.0%
2015 -0.3% -0.9% 0.9% 0.3% 1.3% 1.4% 1.3% -0.5% -0.1% -0.2% -0.2%
2016 -1.4% 1.5% 0.6% 1.7% 1.8% 1.6% -0.5% -0.1% -0.2% -0.2%
2017 4.6% 1.6% 2.8% 2.6% 2.2% -0.3% 0.1% 0.0% 0.0%
2018 -1.3% 1.9% 2.0% 1.6% -1.3% -0.6% -0.7% -0.6%
2019 5.3% 3.7% 2.6% -1.3% -0.4% -0.6% -0.5%
2020 2.1% 1.2% -3.4% -1.8% -1.7% -1.4%
2021 0.4% -6.0% -3.1% -2.6% -2.1%
2022 -12.0% -4.8% -3.6% -2.7%
2023 2.9% 0.9% 0.6%
2024 -1.1% -0.5%
2025 0.1%

Distributions

*by ETF Portfolio Weight Last updated: Jul 01, 2026

Profit Margin Distribution

< 0%
0%
1y 3y N/A N/A
0 - 5%
0%
1y 3y N/A N/A
5 - 10%
0%
1y 3y N/A N/A
10 - 15%
100%
1y 3y N/A N/A
15 - 20%
0%
1y 3y N/A N/A
20 - 30%
0%
1y 3y N/A N/A
30 - 40%
0%
1y 3y N/A N/A
> 40%
0%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
0%
1y 3y N/A N/A
0 - 10
100%
1y 3y N/A N/A
10 - 15
0%
1y 3y N/A N/A
15 - 20
0%
1y 3y N/A N/A
20 - 25
0%
1y 3y N/A N/A
25 - 35
0%
1y 3y N/A N/A
35 - 50
0%
1y 3y N/A N/A
> 50
0%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
100.0%
1y 3y N/A N/A
Small Cap
0.0%
1y 3y N/A N/A
Mid Cap
0.0%
1y 3y N/A N/A
Large Cap
0.0%
1y 3y N/A N/A
Mega Cap
0.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jul 01, 2026
100.0% Top 5 Holdings
100.0% Top 10 Holdings
100.0% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
GPJA Georgia Power Co
100.0%

Latest News

almost 3 years ago • cnbc.com

America's first new nuclear reactor in nearly seven years starts operations

The third nuclear reactor at the Vogtle plant in Georgia began commercial operation on Monday, the first nuclear reactor to start in the US in almo...

over 3 years ago • cnbc.com

A new nuclear reactor in the U.S. starts up. It's the first in nearly seven years

A new nuclear reactor at the Vogtle plant in Georgia started splitting atoms. Full operation will begin in May or June, Georgia Power says.

almost 4 years ago • seekingalpha.com

Quality Microcaps Can Weather The Current Storm

Big institutional investors have tended to ignore the market's smallest companies—those that have less than a $1 billion market capitalization. The...

Average metrics of all companies in portfolio

Last updated: Jun 28, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $13.1B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 1.99% 2.01%
Beta Indicates the relationship between the price performance of a share and the market. 0.54 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 19.94 28.61
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -16.83 -
Profitable Companies 49% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 846.12 18.04
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 2.25 8.09
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company -0.24 10.18
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 14.74 20.33
Enterprise Value to Revenue Enterprise value divided by revenue 2.26 7.98
Total Debt to Enterprise Value Total debt divided by enterprise value 0.13 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. -0.45 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. 11.84% 20.81%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. - -118.0%
Return on Equity Equity divided by market cap. -14.07% 2.67%
Return on Assets Indicates a company's profitability in relation to its total assets. 9.05% 4.17%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 15.51% 3.72%

Sectors

Utilities 0.0%
Other 100.0%

Countries

Other 100.0%

Stock Screener

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Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%

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