About First Trust Ultra Short Duration Municipal ETF (FUMB)

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that provides investors with exposure to the ultra short duration segment of the municipal bond market. The fund seeks to provide current income that is exempt from federal income tax, while maintaining a low level of interest rate risk. FUMB invests primarily in investment grade municipal securities that have a remaining maturity of less than one year. By focusing on shorter maturity securities, the fund aims to minimize the impact of interest rate fluctuations on its portfolio.

As of the latest available data, the price of FUMB is $50.23. The ETF has experienced a steady price performance over the years, with minor fluctuations within its trading range. Investors can track the price history of FUMB to evaluate its performance and potential investment opportunities.