FUMB provides access to federally tax-exempt income with very low interest rate risk. The funds average maturity target of one year or less is among the lowest of any ETF in the municipals space. Lower risk means lower return, so FUMB is permitted to hold up to 20% of the portfolio in sub-investment-grade debt to boost yields. The fund many hold nearly any type of municipal security and tends to emphasize debt from states with growing populations and healthy employment trends.
公司网站 :
https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FUMB
总经理:-
建立时间:2018
公司总部:First Trust Ultra Short Duration Municipal ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds