FUM
FUM
First Trust Ultra Short Duration Municipal ETF(Dist)
First Trust · AMEX
Distr.
First Trust
AMEXMunicipal BondDistributing
$20.02
$-0.01-0.07%AUM: $230.4M
Price history
TER
0.29%
1Y Return
-0.20%
AUM
$230.4M
About this ETF
First Trust Ultra Short Duration Municipal ETF seeks to provide federally tax-exempt income consistent with capital preservation. 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 munici...
Top 10 holdings
Top holdings and sector exposure
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Asset
Weight
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Quick stats
AUM$230.4M
TER0.29%
1Y Return-0.20%
Holdings182
52-Week High$20.72
52-Week Low$20.01
Fund profile
Top 10 holdings
Top holdings and sector exposure
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Asset
Weight
%
Frequently Asked Questions
The current price of FUMB is $20.02 USD — it has decreased by -0.07% in the past 24 hours.
The monthly change is a -0.05% drop. Over the last year, FUMB has showed a -0.20% decrease.
FUMB assets under management is $230M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FUMB expense ratio is 0.29%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
FUMB shares are issued by First Trust.
Yes, FUMB pays a dividend yield of 2.80%.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like FUMB to protect their purchasing power. Because FUMB is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.