FUMB

First Trust Ultra Short Duration Municipal ETF

First Trust · Bonds & Cash

$20.03▼ −0.0% last session▲ +1.9% YTD

As of 10/29/2026, 4:00:00 PM ET · End-of-day

ETFETF Tracker@TheETFTracker · etftracker.io

Dividend-adjusted total return. Comparisons share the fund’s start date. S&P 500 uses VOO. Missing history is unavailable.

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	▼ −0.0%	▲ +0.7%	▲ +0.4%	▲ +1.9%	▲ +2.3%	▲ +9.4%	▲ +11.3%	▲ +15.8%
Peer average	▲ +0.0%	▲ +0.4%	▲ +0.5%	▲ +2.6%	▲ +3.3%	▲ +15.3%	▲ +18.1%	—
S&P 500 · VOO	▼ −0.4%	▲ +0.9%	▲ +3.3%	▲ +13.8%	▲ +13.3%	▲ +88.8%	▲ +81.9%	—

What’s in FUMB

What’s in this fund

FUMBFirst Trust Ultra Short Duration Municipal ETF

291 holdings

As of Oct 30, 2026

Everything else43.3%

ETFETF Tracker@TheETFTracker · etftracker.io

Tile size = share of the fund

HoldingsTop 20 of 291 · as of Oct 30, 2026

1—NEW YORK NY Variable rate, due 10/01/20461.05%

2—MUNI ELEC AUTH OF GEORGIA N/C, 5%, due 01/01/20270.95%

3—ILLINOIS ST N/C, 5.25%, due 09/01/20270.86%

4—CALIFORNIA ST MUNI FIN AUTH Variable rate, due 11/01/20460.84%

5—CUMBERLAND CNTY NC INDL FACS & POLL CTRL FING AUTH Variable rate, due 12/01/20270.84%

6—MIAMI-DADE CNTY FL INDL DEV AUTH SOL WST DISP Variable rate, due 11/01/20480.75%

7—PENNSYLVANIA ST ECON DEV FING AUTH Variable rate, due 04/01/20340.74%

8—DU PAGE & COOK CNTYS IL TWP HS DIST 86 N/C, 5%, due 01/15/20270.72%

9—DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/20270.69%

10—CAPE ELIZABETH ME N/C, 5%, due 11/04/20270.69%

11—MASSACHUSETTS ST PORT AUTH N/C, 5%, due 07/01/20270.69%

12—CLARK CNTY NV ARPT REVENUE N/C, 5%, due 07/01/20270.68%

13—MILWAUKEE WI N/C, 5%, due 04/01/20270.68%

14—N TX TOLLWAY AUTH REVENUE N/C, 5%, due 01/01/20270.68%

15—OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/20390.68%

16—HUBER HEIGHTS OH N/C, 5%, due 11/19/20260.68%

17—TENDER OPTION BOND TRUST RECPTS Variable rate, due 10/01/20260.68%

18—WALKER CNTY AL ECON & INDL DEV AUTH Variable rate, due 08/01/20630.68%

19—CONNECTICUT ST HLTH & EDUCTNL FACS AUTH Variable rate, due 07/01/20420.68%

20—MISSISSIPPI ST BUSINESS FIN COMMN Variable rate, due 11/01/20350.68%

Go deeper

Prospectus & documentsRead the official filings

Fund factsStructure & strategy

Issuer: First Trust
Inception: 2018-11-01
Exchange: AMEX
CUSIP: 33740J104
Structure: —
Benchmark: —
Leverage: 1x
Reset: —

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.

Trading & liquidityNAV, volume & spreads

Reported net asset value: $20.02
NAV provider updated: 2026-10-29 UTC
Premium / discount: —
Median spread · 30D: —
Average volume · 30D: 229.1K
Shares outstanding: —
Options: —

DistributionsYield & payout history

TTM distribution yield: 2.7%
30-day SEC yield: —
Frequency: —
Latest ex-date: 2026-10-21

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Ex-date	Pay date	Per share
2026-10-21	2026-10-30	$0.04
2026-09-24	2026-09-30	$0.04
2026-08-21	2026-08-31	$0.04
2026-07-21	2026-07-31	$0.04
2026-06-25	2026-06-30	$0.05
2026-05-21	2026-05-29	$0.05
2026-04-21	2026-04-30	$0.05
2026-03-26	2026-03-31	$0.05
2026-02-20	2026-02-27	$0.05
2026-01-21	2026-01-30	$0.05
2025-12-12	2025-12-31	$0.05
2025-11-21	2025-11-28	$0.05

Fees & costsWhat ownership costs

Net expense ratio: 0.29%
Gross expense ratio: —
Management fee: —
Annual cost per $10,000: $29.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

RiskVolatility & drawdown

Our risk indicator: 2/5 · rule-based
Annualized volatility · 1Y: 1.07%
Beta vs VOO · 1Y: —
Maximum drawdown · 1Y: ▼ −0.7%

Historical risk measures describe past behavior and do not predict future returns.

From the issuer

Hear the strategy from the people behind FUMB.

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