About First Trust Short Duration Managed Municipal ETF (FSMB)

The First Trust Short Duration Managed Municipal ETF (FSMB) is an exchange-traded fund that provides investors with exposure to a diversified portfolio of short-duration municipal bonds. The fund aims to provide current income that is exempt from federal income tax, while also maintaining a low level of interest rate risk. FSMB seeks to achieve its investment objectives by investing primarily in investment-grade municipal bonds with short durations. The fund is actively managed and seeks to provide investors with a higher level of income compared to traditional money market funds or savings accounts. FSMB offers investors a convenient way to access the municipal bond market without the need to purchase individual bonds.

FSMB has a market capitalization of $xxx million as of [date], making it one of the largest municipal bond ETFs available. The fund has a relatively low expense ratio of [expense ratio], which makes it an attractive option for investors looking to minimize their investment costs. FSMB has a PEG ratio of [PEG ratio], indicating that the fund may be undervalued compared to its earnings growth potential. The fund has outperformed the industry average over the past [time period], providing investors with potentially higher returns. FSMB has a 52-week range of [52-week range], indicating the fund's price volatility over the past year.