ducovest

FUMB:NYE-First Trust Ultra Short Duration Municipal (USD)

ETF | Muni National Short |

Last Closing

USD 20.1

Change

+0.01 (+0.02)%

Market Cap

USD 0.20B

Volume

0.02M

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 weighted average duration of the fund's portfolio is expected to be less than one year.

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Muni National Short

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

+0.04 (+0.04%)

 USD 8.68B
SMMU PIMCO Short Term Municipal Bon..

-0.06 (-0.12%)

 USD 0.63B
FSMB First Trust Short Duration Man..

+0.03 (+0.15%)

 USD 0.41B
PVI Invesco VRDO Tax-Free ETF

+0.05 (+0.20%)

 N/A
SHM SPDR® Nuveen Bloomberg Short ..

-0.01 (-0.02%)

 N/A

ETFs Containing FUMB

VSPY 34.11 % 0.00 %

N/A

 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 0.20% 80% B- 29% F
Dividend Return 2.35% 67% D+ 42% F
Total Return 2.55% 100% F 27% F
Trailing 12 Months  
Capital Gain 0.45% 33% F 20% F
Dividend Return 2.76% 50% F 38% F
Total Return 3.21% 33% F 20% F
Trailing 5 Years  
Capital Gain -0.05% 100% F 44% F
Dividend Return 7.20% 67% D+ 19% F
Total Return 7.15% 83% B 31% F
Average Annual (5 Year Horizon)  
Capital Gain -0.04% 83% B 32% F
Dividend Return 1.07% 83% B 28% F
Total Return 1.11% 67% D+ 26% F
Risk Return Profile  
Volatility (Standard Deviation) 1.39% 100% F 99% N/A
Risk Adjusted Return 77.37% 100% F 88% B+
Market Capitalization 0.20B 25% F 36% 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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
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.