Summary
First Trust Short Duration Managed Municipal ETF is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 585. The ten largest make up 6.7% of the fund.
- Yearly costs
- 0.34%
- Fund size
- $654.1M
- Positions
- 585
- Dividend yield
- 3.22%
- Running since
- 2018
What speaks for it
- Widely spread: the ten largest positions make up only 6.7% of the fund.
What to watch
- 100% of the fund is in one country (United States).
- Costs of 0.34% a year are above the middle of comparable funds (0.20%).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.3%
- 3 months
- -0.7%
- This year
- -1.5%
- 1 year
- -1.6%
- 3 years
- +2.1%
- 5 years
- -5.2%
What is inside?
Widely spread- 1 CHICAGO IL O'HARE INTL ARPT REV N/C, 5%, due 01/01/2031 0.8%
- 2 KENTUCKY ST PUBLIC ENERGY AUTH Variable rate, due 06/01/2055 0.8%
- 3 OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039 0.7%
- 4 COLORADO ST HLTH FACS AUTH REV Variable rate, due 11/15/2060 0.6%
- 5 WHITING IN ENVRNMNTL FACS REV Variable rate, due 11/01/2045 0.6%
- 6 MOBILE AL INDL DEV BRD POLL CONTROL Variable rate, due 06/01/2034 0.6%
- 7 UTAH CNTY UT HOSP REVENUE Variable rate, due 05/15/2058 0.6%
- 8 EFFINGHAM CNTY GA INDL DEV AUTH Variable rate, due 02/01/2038 0.6%
- 9 PINELLAS CNTY FL HSG FIN AUTH MF HSG REV Variable rate, due 10/01/2043 0.6%
- 10 SAINT JOHN THE BAPTIST PARISH LA Variable rate, due 06/01/2037 0.6%
Positions in the fund: 585. The ten largest make up 6.7% of it.
Composition as of Oct 24, 2026.
Where is it spread?
One countryBy country
- United States 100%
- Guam 0.09%
- Puerto Rico 0.04%
- Canada 0.03%
- Other countries 0.3%
Largest country: United States (100%).
What does it cost me?
Expensive- A year from $10,000
- $34.00
- Over 20 years
- $1,666
From every $10,000 invested the fund takes $34.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,666.
How has it done?
Losing value- A year on average, 5 years
- -1.1%
- Deepest drop
- -8.0%
- Yearly volatility
- 2.1%
Average yearly decline over the last five years: 1.1%. Deepest drop in these years: 8.0% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.22%
- Payments a year
- 12
- Last payment
- $0.05
Over the last 12 months it paid $0.64 per share, which is 3.22% of today's price. The last payment was $0.05 on Oct 21, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $3.86M
- Shares a day
- 196K
On an average day about $3.86M of the fund changes hands.