First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) announced a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.1590 per share on Friday, October 30th. This represents a $1.91 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, October 21st.
First Trust Managed Municipal ETF Price Performance
Shares of FMB opened at $48.54 on Thursday. First Trust Managed Municipal ETF has a 12 month low of $47.38 and a 12 month high of $52.03. The stock’s 50 day moving average is $49.09 and its two-hundred day moving average is $50.35.
First Trust Managed Municipal ETF Company Profile
The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.
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