FMB News and Press, First Trust Managed Municipal ETF From 06/13/23

2023-06-13 01:00:00 ET Summary Munis posted negative total returns but outperformed comparable Treasuries in May. Bank portfolio liquidations have been less disruptive than initially feared. Better valuations and improving supply-and-demand dynamics should spur summer strength...

2023-06-03 04:00:00 ET Summary Five months into 2023 and investors are still questioning the Federal Reserve’s position on how high they will bring interest rates to fight persistent inflation. The Fed meeting was the beginning of a volatile month as indices fell after the ...

2023-05-24 11:45:12 ET First Trust Managed Municipal ETF ( NASDAQ: FMB ) - $0.1275 . 30-Day SEC Yield of 3.05% as of May. 24. Payable May 31; for shareholders of record May 24; ex-div May 23. For further details see: First Trust Managed Municipal ETF declares...

2023-05-23 21:15:00 ET Summary California just released its mid-May budget update, which tells a story of further revenue slowing and an increased budget deficit. States report monthly cash flows—and combined with economic data—have expected the robust revenue growth...

2023-05-16 14:35:00 ET Summary Both the Consumer Price Index and Producer Price Index data for April confirmed that the strong but lumpy disinflationary trend continues. The US is now at a point where the Fed funds rate exceeds inflation. Historically that has signaled the end of ...

2023-05-16 03:00:00 ET Summary With the most recent hike, the Fed implied that they are pivoting to a more data-dependent perspective. Several emerging market central banks are now in a position to initiate rate-cutting cycles. Inflation isn’t disappearing, so exposure ...

2023-05-02 01:25:00 ET Summary The two principal types of municipal debt, general obligation and revenue, have traits that better equip them to deliver steady cash flows. Municipalities’ power to tax or charge for public services translates into a reliable revenue engine th...

2023-04-24 14:48:04 ET First Trust Managed Municipal ETF ( NASDAQ: FMB ) - $0.1300 . 30-Day SEC Yield of 3.15% as of March. 31. Payable Apr 28; for shareholders of record Apr 24; ex-div Apr 21. For further details see: First Trust Managed Municipal ETF declar...

2023-04-21 02:55:00 ET Summary It was clearly a volatile quarter, but you wouldn’t know that from the end-of-quarter return. The broad muni index was up about 2.8%, but how we got there was a roller-coaster ride. But within volatility, there’s always opportunities if...

2023-04-19 02:00:00 ET Summary An attractive bond yield didn’t hold as much luster once the AMT shaved off up to 28%. AMT muni bonds fund unique capital projects, such as airport improvements, hospital expansions, and student-loan and affordable-housing programs. With A...