First Trust Ultra Short Duration Municipal ETF (FUMB) Research
The First Trust Ultra Short Duration Municipal ETF is structured to offer investors income that is not subject to federal taxes, while also prioritizing the protection of their investment principal. Typically, the Fund accomplishes this by committing a minimum of 80% of its total assets—including any funds acquired through borrowing—to municipal bonds. These specific debt instruments are selected because their interest payments are explicitly excluded from standard federal income taxation.
Market snapshot
- Symbol
- FUMB
- Price
- $20.09
- Day change
- -0.02%
- Market cap
- $230.6M
- 52-week range
- 20.01-20.72
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- BNY Mellon Global Infrastructure Income ETF (BKGI)
- BNY Mellon Ultra Short Income ETF (BKUI)
- Convergence Long/Short Equity ETF (CLSE)
- 3EDGE Dynamic Hard Assets ETF (EDGH)
- PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT)
- Direxion Daily Energy Bull 2X ETF (ERX)
- First Trust California Municipal High Income ETF (FCAL)
- JPMorgan High Yield Municipal ETF (JMHI)
Open First Trust Ultra Short Duration Municipal ETF (FUMB) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.