First Trust Short Duration Managed Municipal ETF company info

What does First Trust Short Duration Managed Municipal ETF do?
First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) specializes in delivering managed exposure to short-duration, US municipal debt markets, targeting investments that offer tax-exempt income. This ETF is designed for investors seeking a combination of income and preservation of capital, focusing on municipal debt with shorter maturities to manage interest rate risks effectively. FSMB aims to provide a high level of tax-exempt income, making it an attractive option for investors in higher tax brackets. With a carefully curated portfolio, First Trust Short Duration Managed Municipal ETF seeks to balance risk and return, leveraging the expertise of its management team to identify high-quality, short-duration municipal securities. The ETF's objectives include offering a regular income stream while maintaining a low to moderate risk profile, aligning with investors' needs for stability and predictable income.
First Trust Short Duration Managed Municipal ETF company media
Company Snapshot

Is First Trust Short Duration Managed Municipal ETF a public or private company?

key
Ownership
Public

How many people does First Trust Short Duration Managed Municipal ETF employ?

people
Employees
1,082

What sector is First Trust Short Duration Managed Municipal ETF in?

pie chart
Sector
ETF

Where is the head office for First Trust Short Duration Managed Municipal ETF?

location pin
Head Office
Wheaton, United States

What year was First Trust Short Duration Managed Municipal ETF founded?

founded flag
Year Founded
2018
What does First Trust Short Duration Managed Municipal ETF specialise in?
/Short Duration /Municipal ETF /Investment Management /Tax-Exempt Income /Portfolio Diversification /Risk Management

What are the products and/or services of First Trust Short Duration Managed Municipal ETF?

Overview of First Trust Short Duration Managed Municipal ETF offerings
Investing in short-duration, high-quality municipal bonds for tax-exempt income.
Portfolio management aimed at minimizing credit risk and interest rate exposure.
Regular income distributions with a focus on preserving capital.
Diversification across various sectors and geographical locations within the municipal bond market.
Access to a professionally managed portfolio of municipal securities.
Utilization of research and analysis to select municipal bonds with favorable short-term prospects.