First TrustMuni National ShortFUMB · NYSE Arca

First Trust Ultra Short Duration Municipal ETF (FUMB)

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Price: $20.04; —30 Oct 2026
Assets: $259.8M; Total net assets
Expense ratio: 0.29%; Category 0.54%
Yield: 2.73%; Trailing distributions

1Y return: 2.6%+0.3%; Category 2.3%
3Y CAGR: 3.0%-0.5%; Category 3.6%
5Y CAGR: 2.2%+0.3%; Category 1.9%

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First Trust Ultra Short Duration Municipal ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.9%	+0.7%	+1.3%	+2.2%	+2.6%	+3.0%	+2.2%	—	+1.9%
Muni National Short average	1.5%	0.5%	0.9%	1.6%	2.3%	3.6%	1.9%	1.6%	2.3%
Difference	-0.6%	+0.1%	+0.4%	+0.5%	+0.3%	-0.5%	+0.3%	—	-0.5%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA7.6%
AA57.0%
A30.5%
BBB3.5%
BB0.8%
Other0.6%

Asset mix

Bonds87.3%
Cash12.7%

ETF details

Issuer: First Trust
Category: Fixed Income · Muni National Short
Ticker: FUMB
Exchange: NYSE Arca
Inception: 1 Nov 2018 (8.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.29% (category 0.54%)
Holdings turnover: 124% (category 59%)
Distribution yield: 2.73%
Beta, 3 years: 0.08
Total net assets: $259.8M
Average duration: 4.28 years
Average maturity: 10.03 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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