
Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$14.72
+0.07%
$82.69 B
-
$0.00
-0.94%
0.17%
$11.23
+0.09%
$34.87 B
-
$0.00
-0.27%
0.17%
$13.51
0.00%
$24.94 B
-
$0.00
-0.81%
0.52%
$15.94
+0.06%
$21.69 B
-
$0.00
-0.06%
0.17%
$12.22
+0.16%
$18.23 B
-
$0.00
-1.13%
0.17%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
VTEB | ETF
$54.44
+0.13%
$11.98 B
1.98%
$1.08
-1.36%
0.06%
$49.53
+0.04%
$4.52 B
1.11%
$0.55
-0.52%
0.20%
$51.54
+0.23%
$3.37 B
1.92%
$0.99
-1.81%
0.30%
FMB | ETF
$56.24
+0.09%
$1.95 B
2.18%
$1.22
-0.86%
0.65%
ITM | ETF
-
-
$1.77 B
-
$0.00
-1.84%
0.24%
Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes.
Period | FMB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -2.7% | 1.7% | 47.87% |
1 Yr | 0.2% | -5.6% | 5.8% | 59.79% |
3 Yr | 4.8%* | 0.3% | 9.5% | 18.57% |
5 Yr | 3.9%* | -0.5% | 7.5% | 11.28% |
10 Yr | N/A* | -0.1% | 10.0% | N/A |
* Annualized
Period | FMB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 2.1% | -2.8% | 310.0% | 29.36% |
2019 | 5.6% | -0.3% | 15.4% | 9.34% |
2018 | -1.7% | -10.3% | 97.2% | 30.90% |
2017 | 4.6% | -100.0% | 7.6% | 2.23% |
2016 | -1.6% | -7.9% | 96.8% | 10.90% |
Period | FMB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.9% | -2.7% | 1.7% | 47.87% |
1 Yr | 0.2% | -5.9% | 5.8% | 42.61% |
3 Yr | 4.8%* | -1.7% | 9.5% | 16.16% |
5 Yr | 3.9%* | -1.6% | 7.5% | 10.08% |
10 Yr | N/A* | -0.2% | 10.0% | N/A |
* Annualized
Period | FMB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 2.1% | -2.8% | 310.0% | 29.36% |
2019 | 5.6% | -0.3% | 15.4% | 9.70% |
2018 | -1.7% | -10.3% | 11.0% | 33.78% |
2017 | 4.6% | -100.0% | 7.6% | 3.35% |
2016 | -1.6% | -7.9% | 3.0% | 14.90% |
FMB | Category Low | Category High | FMB % Rank | |
---|---|---|---|---|
Net Assets | 1.95 B | 632 K | 82.7 B | 19.34% |
Number of Holdings | 1308 | 3 | 11152 | 6.88% |
Net Assets in Top 10 | 20.4 M | -192 M | 4.18 B | 84.49% |
Weighting of Top 10 | 8.81% | 2.5% | 100.0% | 86.40% |
Weighting | Return Low | Return High | FMB % Rank | |
---|---|---|---|---|
Bonds | 97.86% | 73.02% | 147.73% | 58.49% |
Cash | 2.14% | -47.72% | 26.99% | 39.66% |
Stocks | 0.00% | 0.00% | 2.18% | 8.92% |
Preferred Stocks | 0.00% | -0.94% | 0.00% | 4.60% |
Other | 0.00% | -13.58% | 13.72% | 9.55% |
Convertible Bonds | 0.00% | -0.92% | 1.32% | 5.00% |
Weighting | Return Low | Return High | FMB % Rank | |
---|---|---|---|---|
Municipal | 97.94% | 46.52% | 100.00% | 56.70% |
Cash & Equivalents | 2.06% | 0.00% | 26.99% | 41.14% |
Derivative | 0.00% | 0.00% | 0.85% | 4.66% |
Securitized | 0.00% | 0.00% | 6.51% | 6.82% |
Corporate | 0.00% | 0.00% | 15.75% | 18.86% |
Government | 0.00% | 0.00% | 50.01% | 13.13% |
Weighting | Return Low | Return High | FMB % Rank | |
---|---|---|---|---|
US | 96.89% | 72.29% | 141.36% | 47.10% |
Non US | 0.97% | 0.00% | 25.16% | 47.78% |
FMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.01% | 16.95% | 63.64% |
Management Fee | 0.65% | 0.00% | 1.10% | 97.67% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 1.91% |
Administrative Fee | N/A | 0.01% | 0.47% | N/A |
FMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
FMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.00% | 0.00% | 299.40% | 76.11% |
FMB | Category Low | Category High | FMB % Rank | |
---|---|---|---|---|
Dividend Yield | 1.11% | 0.00% | 1.85% | 1.02% |
FMB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
FMB | Category Low | Category High | FMB % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.24% | -1.65% | 6.48% | 56.71% |
FMB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount |
---|---|
Aug 31, 2020 | $0.103 |
Jul 31, 2020 | $0.103 |
Jun 30, 2020 | $0.105 |
May 29, 2020 | $0.105 |
Apr 30, 2020 | $0.105 |
Mar 31, 2020 | $0.105 |
Feb 28, 2020 | $0.105 |
Jan 31, 2020 | $0.105 |
Dec 31, 2019 | $0.105 |
Nov 29, 2019 | $0.110 |
Oct 31, 2019 | $0.110 |
Sep 30, 2019 | $0.113 |
Aug 30, 2019 | $0.113 |
Jul 31, 2019 | $0.118 |
Jun 28, 2019 | $0.118 |
May 31, 2019 | $0.118 |
Apr 30, 2019 | $0.118 |
Mar 29, 2019 | $0.118 |
Feb 28, 2019 | $0.118 |
Jan 31, 2019 | $0.118 |
Dec 31, 2018 | $0.118 |
Nov 30, 2018 | $0.113 |
Oct 31, 2018 | $0.113 |
Sep 28, 2018 | $0.113 |
Aug 31, 2018 | $0.113 |
Jul 31, 2018 | $0.113 |
Jun 29, 2018 | $0.113 |
May 31, 2018 | $0.113 |
Apr 30, 2018 | $0.113 |
Mar 29, 2018 | $0.113 |
Feb 28, 2018 | $0.113 |
Jan 31, 2018 | $0.113 |
Dec 29, 2017 | $0.113 |
Nov 30, 2017 | $0.113 |
Oct 31, 2017 | $0.113 |
Sep 29, 2017 | $0.113 |
Aug 31, 2017 | $0.110 |
Jul 31, 2017 | $0.110 |
Jun 30, 2017 | $0.110 |
May 31, 2017 | $0.110 |
Apr 28, 2017 | $0.110 |
Mar 31, 2017 | $0.110 |
Feb 28, 2017 | $0.110 |
Jan 31, 2017 | $0.110 |
Dec 30, 2016 | $0.110 |
Nov 30, 2016 | $0.110 |
Oct 31, 2016 | $0.110 |
Sep 30, 2016 | $0.110 |
Aug 31, 2016 | $0.110 |
Jul 29, 2016 | $0.110 |
Jun 30, 2016 | $0.110 |
May 31, 2016 | $0.110 |
Apr 29, 2016 | $0.115 |
Mar 31, 2016 | $0.115 |
Feb 29, 2016 | $0.115 |
Jan 29, 2016 | $0.115 |
Dec 31, 2015 | $0.115 |
Nov 30, 2015 | $0.115 |
Oct 30, 2015 | $0.115 |
Sep 30, 2015 | $0.115 |
Aug 31, 2015 | $0.115 |
Jul 31, 2015 | $0.115 |
Jun 30, 2015 | $0.115 |
May 29, 2015 | $0.115 |
Apr 30, 2015 | $0.115 |
Mar 31, 2015 | $0.115 |
Feb 27, 2015 | $0.115 |
Jan 30, 2015 | $0.115 |
Dec 31, 2014 | $0.115 |
Nov 28, 2014 | $0.115 |
Oct 31, 2014 | $0.115 |
Sep 30, 2014 | $0.115 |
Aug 29, 2014 | $0.115 |
Jul 31, 2014 | $0.150 |
Jun 30, 2014 | $0.150 |
Start Date
Tenure
Tenure Rank
May 13, 2014
6.8
6.8%
Johnathan N. Wilhelm was born in 1966. Mr. Wilhelm earned a B.S. in Business from Miami University of Ohio and has a J.D. from DePaul University College of Law. He has been with First Trust Advisors L.P. since 2013 and he is a Portfolio Manager responsible for managing municipal bond portfolios. Prior to joining First Trust Advisors L.P., Mr. Wilhelm held various positions in portfolio management and credit research.
Start Date
Tenure
Tenure Rank
May 13, 2014
6.8
6.8%
J. Thomas Futrell, CFA was born in 1955. Mr. Futrell earned a B.A. in Economics from Wheaton College and an M.B.A. from Northern Illinois University. He has been with First Trust Advisors L.P. since 2013 and he is a Portfolio Manager responsible for managing municipal bond portfolios. Prior to joining First Trust Advisors L.P., Mr. Futrell held various positions in portfolio management and research. Mr. Futrell earned the Chartered Financial Analyst (CFA) charter designation in 1989. The CFA charter is a globally respected, graduate-level investment credential established in 1962 and awarded by CFA Institute — the largest global association of investment professionals. The CFA Program curriculum provides a comprehensive framework of knowledge for investment decision making and is firmly grounded in the knowledge and skills used every day in the investment profession. The three levels of the CFA Program test a proficiency with a wide range of fundamental and advanced investment topics, including ethical and professional standards, fixed-income and equity analysis, alternative and derivative investments, economics, financial reporting standards, portfolio management, and wealth planning.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 35.94 | 7.05 | 0.32 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
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