Description: The investment seeks current income that is exempt from regular federal income taxes and its secondary objective will be long term capital appreciation. The fund will invest at least 80% of its net assets in municipal debt securities that pay interest that is exempt from regular federal income taxes. It invests at least 65% of its net assets in investment grade securities. The fund may invest up to 35% of its net assets insecurities that are, at the time of investment, rated below investment grade commonly referred to as "high yield" or "junk" bonds. It is non-diversified.
Home Page: www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FMB
FMB Technical AnalysisExchange: NASDAQ
Country: US
Currency: US Dollar ($)
Category: Muni National Interm
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 108.01 | 8.82 | 99.19 |
| Cash | 0.81 | 0.00 | 0.81 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 0.00 | 99.89 |
| United Kingdom | 0.00 | 0.04 |
| Europe Developed | 0.00 | 0.07 |