First Trust Ultra Short Duration Municipal company info

What does First Trust Ultra Short Duration Municipal do?
First Trust Ultra Short Duration Municipal (NYSEARCA:FUMB) is focused on providing investors with a way to invest in ultra-short-duration municipal bonds. This approach aims to offer a combination of tax-exempt income and preservation of capital, by investing primarily in a diversified portfolio of short-term municipal securities that are exempt from federal income taxes. The fund seeks to maintain a conservative profile, targeting investments with very short maturities to reduce interest rate risk. First Trust Ultra Short Duration Municipal's objective is to generate a level of income that is exempt from federal income taxes, making it an attractive option for investors in higher tax brackets seeking to maximize their after-tax returns while minimizing exposure to market volatility.
First Trust Ultra Short Duration Municipal company media
Company Snapshot

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

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Ownership
Public

How many people does First Trust Ultra Short Duration Municipal employ?

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Employees
1,082

What sector is First Trust Ultra Short Duration Municipal in?

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Sector
ETF

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

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Head Office
Wheaton, United States

What year was First Trust Ultra Short Duration Municipal founded?

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Year Founded
2018
What does First Trust Ultra Short Duration Municipal specialise in?
/Investment Management /Municipal Bonds /Short Duration /Tax-Exempt Income /Portfolio Diversification /Risk Management

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

Overview of First Trust Ultra Short Duration Municipal offerings
Managed short-term, tax-exempt municipal bond portfolios aiming to provide investors with income exempt from federal income taxes.
Offers low-risk, short-duration investments focusing on capital preservation and liquidity.
Seeks to maximize tax-free income through diversified investments in ultra-short municipal bonds.
Utilizes active management to adjust portfolio allocations based on changing market conditions and interest rate environments.
Provides access to a broad range of municipal securities, including variable rate demand notes and pre-refunded bonds.
Aims at delivering a high level of customer service, including personalized investment advice and portfolio monitoring.