NASDAQ:FMB
First Trust Managed Municipal ETF Company Profile
$50.99
+0.0400 (+0.0785%)
At Close: Apr 19, 2024
Information
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.