FUMB First Trust Ultra Short Duration Municipal ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 19.89 | Day Range | 19.92 – 19.96 |
| 52-Week Range | 19.88 – 20.72 | Volume | 151.22K |
| Avg Volume | 95.45K | AUM | $253.0M (Oct 10, 2026) |
| Expense Ratio | 0.29% | Yield (TTM) | 2.73% |
| NAV | 19.92 | Premium/Discount | +0.15% indicative |
| Inception | Nov 01, 2018 | Holdings | 251 |
| Issuer | First Trust | Exchange | AMEX |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 33740J104 | ISIN | US33740J1043 |
| Structure | Inverse | ||
| Management | Not stated in source data | ||
About this ETF
First Trust Exchange-Traded Fund III - First Trust Ultra Short Duration Municipal ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in fixed income markets of the United States. It invests in investment grade, tax exempt municipal debt securities issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities rated Baa3 by Moody's or BBB- by S&P or Fitch. The fund is expected to maintain the weighted average duration of less than one year. It seeks to benchmark the performance of its portfolio against the Bloomberg Municipal Short-Term Index and the Bloomberg Municipal Bond Index. First Trust Exchange-Traded Fund III - First Trust Ultra Short Duration Municipal ETF was formed on November 1, 2018 and is domiciled in the United States.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.45% | -0.70% | -0.70% | -0.55% | -0.75% | +0.03% | -0.22% | — | -0.04% |
| Total return | -0.45% | -0.45% | +0.15% | +1.06% | +1.58% | +2.77% | +1.95% | — | +1.76% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.29% | Annual cost of a $10,000 investment | $29.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 253 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NEW YORK NY Variable rate, due 10/01/2046 | — | 1.19% | 3.10M | $3.1M |
| 2 | MUNI ELEC AUTH OF GEORGIA N/C, 5%, due… | — | 1.08% | 2.81M | $2.8M |
| 3 | ILLINOIS ST N/C, 5.25%, due 09/01/2027 | — | 0.98% | 2.50M | $2.5M |
| 4 | CALIFORNIA ST MUNI FIN AUTH Variable rate, due… | — | 0.96% | 2.50M | $2.5M |
| 5 | CUMBERLAND CNTY NC INDL FACS & POLL CTRL FING… | — | 0.96% | 2.50M | $2.5M |
| 6 | MIAMI-DADE CNTY FL INDL DEV AUTH SOL WST DISP… | — | 0.85% | 2.23M | $2.2M |
| 7 | DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due… | — | 0.78% | 2.00M | $2.0M |
| 8 | MASSACHUSETTS ST PORT AUTH N/C, 5%, due… | — | 0.78% | 2.00M | $2.0M |
| 9 | N TX TOLLWAY AUTH REVENUE N/C, 5%, due… | — | 0.77% | 2.00M | $2.0M |
| 10 | HUBER HEIGHTS OH N/C, 5%, due 11/19/2026 | — | 0.77% | 2.00M | $2.0M |
| 11 | MISSISSIPPI ST BUSINESS FIN COMMN Variable… | — | 0.77% | 2.00M | $2.0M |
| 12 | WALKER CNTY AL ECON & INDL DEV AUTH Variable… | — | 0.77% | 2.00M | $2.0M |
| 13 | TENDER OPTION BOND TRUST RECPTS Variable rate… | — | 0.77% | 2.00M | $2.0M |
| 14 | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH… | — | 0.77% | 2.00M | $2.0M |
| 15 | OHIO ST AIR QUALITY DEV AUTH Variable rate, due… | — | 0.77% | 2.00M | $2.0M |
| 16 | INLIVIAN NC MF REVENUE Variable rate, due… | — | 0.77% | 2.00M | $2.0M |
| 17 | US Dollar | — | 0.76% | 1.98M | $2.0M |
| 18 | OHIO ST AIR QUALITY DEV AUTH N/C, 3.65%, due… | — | 0.70% | 1.82M | $1.8M |
| 19 | LOS ANGELES CA DEPT OF ARPTS N/C, 5%, due… | — | 0.69% | 1.79M | $1.8M |
| 20 | MINNESOTA MUNI GAS AGY Variable rate, due… | — | 0.69% | 1.80M | $1.8M |
| 21 | INDIANA ST FIN AUTH ECON DEV REV Variable rate… | — | 0.69% | 1.80M | $1.8M |
| 22 | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH N/C… | — | 0.69% | 1.78M | $1.8M |
| 23 | ATLANTA GA WTR & WSTWTR REVENUE N/C, 5%, due… | — | 0.69% | 1.75M | $1.8M |
| 24 | BROCKTON MA N/C, 5%, due 10/07/2027 | — | 0.68% | 1.75M | $1.8M |
| 25 | QUINCY MA N/C, 5%, due 08/13/2027 | — | 0.68% | 1.75M | $1.8M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.73% | Paid (last 12 months) | $0.5440 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 24, 2026 | Last payment | $0.0440 (Sep 30, 2026) |
| Growth 1Y | -9.03% | Growth 3Y / 5Y (ann.) | +9.18% / +38.18% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 24, 2026 | Sep 24, 2026 | Sep 30, 2026 | $0.0440 |
| Aug 21, 2026 | Aug 21, 2026 | Aug 31, 2026 | $0.0440 |
| Jul 21, 2026 | Jul 21, 2026 | Jul 31, 2026 | $0.0440 |
| Jun 25, 2026 | Jun 25, 2026 | Jun 30, 2026 | $0.0450 |
| May 21, 2026 | May 21, 2026 | May 29, 2026 | $0.0450 |
| Apr 21, 2026 | Apr 21, 2026 | Apr 30, 2026 | $0.0460 |
| Mar 26, 2026 | Mar 26, 2026 | Mar 31, 2026 | $0.0460 |
| Feb 20, 2026 | Feb 20, 2026 | Feb 27, 2026 | $0.0460 |
| Jan 21, 2026 | Jan 21, 2026 | Jan 30, 2026 | $0.0460 |
| Dec 12, 2025 | Dec 12, 2025 | Dec 31, 2025 | $0.0460 |
| Nov 21, 2025 | Nov 21, 2025 | Nov 28, 2025 | $0.0460 |
| Oct 21, 2025 | Oct 21, 2025 | Oct 31, 2025 | $0.0460 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 1.06% / 1.27% | Sharpe 1Y / 3Y | -2.30 / -1.03 |
| Max drawdown 1Y / 3Y | -1.04% / -1.04% | Sortino 1Y | -3.45 |
| Beta vs S&P 500 (3Y) | -0.003 | Correlation vs S&P 500 (1Y) | -0.034 |
| Downside deviation 1Y | 0.71% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 151.22K | Average volume | 95.45K |
| AUM | $253.0M | Premium/Discount | +0.15% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $7.4K | 0.00% | $253.0M → $253.0M |
| 1 Month | -$1.4M | -0.56% | $255.5M → $253.0M |
| 1 Week | -$9.2M | -3.51% | $262.0M → $253.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for FUMB
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.