What is First Trust Managed Municipal ETF's dividend yield?▾
First Trust Managed Municipal ETF (FMB) pays a current trailing twelve-month dividend yield of 3.62%, which works out to $1.82 per share annually based on the most recent payout schedule.
When does First Trust Managed Municipal ETF pay distributions?▾
The most recent ex-dividend date was July 21, 2026. The next scheduled dividend payment date is July 31, 2026.
How many years has First Trust Managed Municipal ETF increased its dividend?▾
First Trust Managed Municipal ETF (FMB) has increased its dividend for 4 consecutive years.
What does First Trust Managed Municipal ETF invest in?▾
The main goal of this Fund is to provide an ongoing stream of income that is not subject to regular federal income taxes. Its secondary aim is to achieve long-term growth in the value of its investments. Under typical market conditions, the Fund works towards these objectives by allocating at least 80% of its net assets (including any borrowed capital) to municipal debt instruments that pay interest which is exempt from standard federal income taxation.