Frequently Asked Questions About FUMB

What are the top holdings of FUMB?

First Trust Ultra Short Duration Municipal ETF holds 182 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does FUMB have?

FUMB holds 182 positions as reported by the fund's most recent disclosure.

What sectors does FUMB invest in?

First Trust Ultra Short Duration Municipal ETF (FUMB) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is FUMB most exposed to?

FUMB's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is FUMB a US-only fund?

The country allocation card on this page shows FUMB's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does FUMB invest in?

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.

FUMB

First Trust Ultra Short Duration Municipal ETF

AMEX·Asset Management · Financial Services

$20.06$0.02+0.10%

After hours·$20.06+0.00%

Market closed·Jul 23 7:59 PM UTC

Top Holdings

251

holdings

CUMBERLAND CNTY NC INDL FACS & POLL CTRL FING AUTH Variable rate, due 12/01/2027
1.00%
MIAMI-DADE CNTY FL INDL DEV AUTH SOL WST DISP Variable rate, due 11/01/2048
0.89%
DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2027
0.82%
LOS ANGELES CA N/C, 5%, due 06/24/2027
0.82%
MASSACHUSETTS ST PORT AUTH N/C, 5%, due 07/01/2027
0.82%
N TX TOLLWAY AUTH REVENUE N/C, 5%, due 01/01/2027
0.81%
OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039
0.81%
HUBER HEIGHTS OH N/C, 5%, due 11/19/2026
0.81%
MIAMI-DADE CNTY FL WTR & SWR REV N/C, 5%, due 10/01/2026
0.80%
NEW JERSEY ST ECON DEV AUTH REV 5.25%, due 09/01/2026
0.80%
Other
241 more holdings
91.62%

Top 10 holdings

8.38%

Top 25 holdings

19.65%

Concentration index

0.0051

Effective holdings

198

Chart tools

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All Holdings (251)

#	Name	Weight	Market Value
1	CUMBERLAND CNTY NC INDL FACS & POLL CTRL FING AUTH Variable rate, due 12/01/2027	1.00%	$2.50M
2	MIAMI-DADE CNTY FL INDL DEV AUTH SOL WST DISP Variable rate, due 11/01/2048	0.89%	$2.22M
3	DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2027	0.82%	$2.05M
4	LOS ANGELES CA N/C, 5%, due 06/24/2027	0.82%	$2.05M
5	MASSACHUSETTS ST PORT AUTH N/C, 5%, due 07/01/2027	0.82%	$2.04M
6	N TX TOLLWAY AUTH REVENUE N/C, 5%, due 01/01/2027	0.81%	$2.02M
7	OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039	0.81%	$2.02M
8	HUBER HEIGHTS OH N/C, 5%, due 11/19/2026	0.81%	$2.01M
9	MIAMI-DADE CNTY FL WTR & SWR REV N/C, 5%, due 10/01/2026	0.80%	$2.01M
10	NEW JERSEY ST ECON DEV AUTH REV 5.25%, due 09/01/2026	0.80%	$2.01M
11	MISSION TX ECON DEV CORP SOL WST DISP Variable rate, due 06/01/2055	0.80%	$2.00M
12	INLIVIAN NC MF REVENUE Variable rate, due 06/01/2043	0.80%	$2.00M
13	TENDER OPTION BOND TRUST RECPTS Variable rate, due 10/01/2026	0.80%	$2.00M
14	MISSISSIPPI ST BUSINESS FIN COMMN Variable rate, due 11/01/2035	0.80%	$2.00M
15	NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2041	0.80%	$2.00M
16	WALKER CNTY AL ECON & INDL DEV AUTH Variable rate, due 08/01/2063	0.80%	$2.00M
17	LOS ANGELES CA DEPT OF ARPTS N/C, 5%, due 05/15/2027	0.73%	$1.82M
18	MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH N/C, 5%, due 07/01/2027	0.73%	$1.82M
19	ALLEN CNTY OH HOSP FACS REVENUE N/C, 5%, due 08/01/2026	0.73%	$1.81M
20	ATLANTA GA WTR & WSTWTR REVENUE N/C, 5%, due 11/01/2027	0.72%	$1.80M

Showing 20 of 251

Sectors

sector

Cash & Others
100.00%

Top 3 sectors

100.00%

Top 5 sectors

100.00%

Concentration index

1.0000

Effective sectors

Chart tools

Open Sector Allocation in Chart Builder to fine-tune colors, labels, and timeframe, then download a high-res PNG.

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Countries

US-only and narrow-mandate funds may not publish a country split.

Asset Classes

Primary asset class

Fixed income

Strategy

Leveraged

Income strategy

Bond yield

Issuer-reported asset class: Municipal Bond

Frequently Asked Questions About FUMB

What are the top holdings of FUMB?: First Trust Ultra Short Duration Municipal ETF holds 182 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
How many holdings does FUMB have?: FUMB holds 182 positions as reported by the fund's most recent disclosure.
What sectors does FUMB invest in?: First Trust Ultra Short Duration Municipal ETF (FUMB) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
What sector is FUMB most exposed to?: FUMB's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
Is FUMB a US-only fund?: The country allocation card on this page shows FUMB's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
What does FUMB invest in?: 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.

Ticker

Name

Weight

Market Value

CUMBERLAND CNTY NC INDL FACS & POLL CTRL FING AUTH Variable rate, due 12/01/2027

1.00%

0.00

$2.50M

MIAMI-DADE CNTY FL INDL DEV AUTH SOL WST DISP Variable rate, due 11/01/2048

0.89%

0.00

$2.22M

DALLAS-FORT WORTH TX INTL ARPT REV N/C, 5%, due 11/01/2027

0.82%

0.00

$2.05M

LOS ANGELES CA N/C, 5%, due 06/24/2027

0.82%

0.00

$2.05M

MASSACHUSETTS ST PORT AUTH N/C, 5%, due 07/01/2027

0.82%

0.00

$2.04M

N TX TOLLWAY AUTH REVENUE N/C, 5%, due 01/01/2027

0.81%

0.00

$2.02M

OHIO ST AIR QUALITY DEV AUTH Variable rate, due 11/01/2039

0.81%

0.00

$2.02M

HUBER HEIGHTS OH N/C, 5%, due 11/19/2026

0.81%

0.00

$2.01M

MIAMI-DADE CNTY FL WTR & SWR REV N/C, 5%, due 10/01/2026

0.80%

0.00

$2.01M

NEW JERSEY ST ECON DEV AUTH REV 5.25%, due 09/01/2026

0.80%

0.00

$2.01M

MISSION TX ECON DEV CORP SOL WST DISP Variable rate, due 06/01/2055

0.80%

0.00

$2.00M

INLIVIAN NC MF REVENUE Variable rate, due 06/01/2043

0.80%

0.00

$2.00M

TENDER OPTION BOND TRUST RECPTS Variable rate, due 10/01/2026

0.80%

0.00

$2.00M

MISSISSIPPI ST BUSINESS FIN COMMN Variable rate, due 11/01/2035

0.80%

0.00

$2.00M

NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2041

0.80%

0.00

$2.00M

WALKER CNTY AL ECON & INDL DEV AUTH Variable rate, due 08/01/2063

0.80%

0.00

$2.00M

LOS ANGELES CA DEPT OF ARPTS N/C, 5%, due 05/15/2027

0.73%

0.00

$1.82M

MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH N/C, 5%, due 07/01/2027

0.73%

0.00

$1.82M

ALLEN CNTY OH HOSP FACS REVENUE N/C, 5%, due 08/01/2026

0.73%

0.00

$1.81M

ATLANTA GA WTR & WSTWTR REVENUE N/C, 5%, due 11/01/2027

0.72%

0.00

$1.80M