FMB ETF Analysis: Managed Municipal | NASDAQ
Muni National Interm | NASDAQ, USA | Market Cap: 2.061m USD | 12M Return: 5.3% | US33739N1081 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.78M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that invests primarily in U.S. municipal debt securities. Under normal market conditions, the fund allocates at least 80% of its net assets to bonds issued by state and local governments, with the interest income exempt from regular federal income taxes. The fund was launched in 2014 and trades on NASDAQ.
As a municipal bond ETF, FMB gives investors exposure to debt issued by state, local, and other government entities to fund public projects such as infrastructure, schools, and utilities. The fund falls into the Muni National Intermediate category, indicating it focuses on intermediate-term maturities and invests across multiple states rather than concentrating on a single states issuers, which helps reduce geographic concentration risk.
- Fed rate cuts lift municipal bond prices and ETF NAV
- Federal tax code changes could erode muni tax-exempt appeal
- Rising Treasury yields pressure intermediate-duration muni valuations
As of August 21, 2026, the stock is trading at USD 50.37 with a total of 134,593 shares traded. Over the past week, the price has changed by -0.70%, over one month by -0.88%, over three months by +0.09% and over the past year by +5.25%.
Current recommended Stop Loss: 50.00 (which is 0.7% or 2.2 ATR below the current price).
Managed Municipal has no consensus analysts rating.