FSMB is First Trust's First Trust Short Duration Managed Municipal ETF (Muni National Short). Trading at $19.85. Current dividend yield: 3.18%.
Dividend snapshot
| Annual dividend rate | $0.63 |
| Current yield | 3.18% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 21, 2026(in 17 days) |
| Most recent payment date | Aug 21, 2026 |
| Last payment amount | $0.0530 |
| 5-year dividend CAGR | 10.69% |
| 3-year dividend CAGR | 28.83% |
| Expense ratio | 0.34% |
| Payout ratio | 0% |
| Market cap | $599M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-21 | $0.0530 |
| 2026-07-21 | $0.0530 |
| 2026-06-25 | $0.0530 |
| 2026-05-21 | $0.0530 |
| 2026-04-21 | $0.0530 |
| 2026-03-26 | $0.0530 |
| 2026-02-20 | $0.0530 |
| 2026-01-21 | $0.0530 |
About FSMB
Under normal market conditions, the fund seeks to achieve its investment objective 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. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities.
Frequently asked
What is FSMB's dividend yield?
FSMB (First Trust Short Duration Managed Municipal ETF) currently has a dividend yield of 3.18%, which works out to about $0.63 in annual dividend payments per share.
When is FSMB's next ex-dividend date?
FSMB's next ex-dividend date is Sep 21, 2026 (in 17 days). To receive the upcoming dividend, you must own shares before this date.
When did FSMB last pay a dividend?
FSMB's most recent dividend payment date was Aug 21, 2026.
How often does FSMB pay dividends?
FSMB pays dividends on a monthly schedule.
How fast is FSMB growing its dividend?
FSMB has been growing its dividend at a 28.83% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track FSMB in DiviDrip
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Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.