FSMB:NYE-First Trust Short Duration Managed Municipal ETF (USD)

ETF | Muni National Short |

Last Closing

USD 19.9

Change

+0.01 (+0.05)%

Market Cap

USD 0.41B

Volume

0.06M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Muni National Short

Symbol Name Price(Change) Market Cap
SUB iShares Short-Term National Mu..

+0.01 (+0.01%)

USD 8.68B
SMMU PIMCO Short Term Municipal Bon..

N/A

USD 0.63B
FUMB First Trust Ultra Short Durati..

+0.02 (+0.10%)

USD 0.20B
PVI Invesco VRDO Tax-Free ETF

+0.06 (+0.24%)

N/A
SHM SPDR® Nuveen Bloomberg Short ..

+0.02 (+0.04%)

N/A

ETFs Containing FSMB

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Short) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.25% 17% F 32% F
Dividend Return -6.91% 67% D+ 84% B
Total Return -7.16% 33% F 33% F
Trailing 12 Months  
Capital Gain 2.87% 83% B 26% F
Dividend Return -6.69% 67% D+ 85% B
Total Return -3.82% 50% F 28% F
Trailing 5 Years  
Capital Gain -3.02% 17% F 48% F
Dividend Return -0.89% 67% D+ 93% A
Total Return -3.91% 33% F 50% F
Average Annual (5 Year Horizon)  
Capital Gain -0.73% 17% F 30% F
Dividend Return 0.80% 67% D+ 27% F
Total Return 1.53% 100% F 36% F
Risk Return Profile  
Volatility (Standard Deviation) 2.96% 50% F 97% N/A
Risk Adjusted Return 26.87% 67% D+ 44% F
Market Capitalization 0.41B 50% F 46% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.