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First Trust Managed Municipal ETF Forecast NASDAQ:FMB

$56.35 (-0.0355%)

Volume: 192k

Closed: Jan 19, 2022

Hollow Logo Score: -0.878

First Trust Managed Municipal ETF Forecast

$56.35 (-0.0355%)

Volume: 192k

Closed: Jan 19, 2022

Score Hollow Logo -0.878

First Trust Managed Municipal ETF Company Profile

800-621-1675


Description

The investment seeks to generate current income that is exempt from regular federal income taxes and its secondary objective is long term capital appreciation. Under normal market conditions, the fund will seek to achieve its investment objectives 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 (collectively, "Municipal Securities"). It is non-diversified.

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