First Trust Managed Municipal ETF
public_traded
First Trust Managed Municipal ETF is publicly traded on NASDAQ under ticker FMB.
The primary investment objective of the Fund will be to generate current income that is exempt from regular federal income taxes and its secondary objective will be 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.