First Trust Short Duration Managed Municipal ETF declares monthly distribution of $0.0530

Seeking Alpha ·

First Trust Short Duration Managed Municipal ETF ( FSMB ) - $0.0530 . 30-Day SEC Yield of 2.98% as of June 30. Payable Jul 31; for shareholders of record Jul 21; ex-div Jul 21. Seeking Alpha’s Quant Rating on First Trust Short Duration Managed Municipal ETF Dividend scorecard for First Trust Short Duration Managed Municipal ETF

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First Trust Short Duration Managed Municipal ETF has declared a monthly distribution of $0.0530, providing a steady cash flow for short-term municipal bond investors. Investors view this as a portfolio alternative that offers consistent returns while hedging against interest rate volatility.

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