Summary
FMB Chart
First Trust Managed Municipal Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 44,033 | $2.27M | $2.21M | -$55,447.45 | -2.44% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,250 | $63,529 | $62,837.5 | -$691.5 | -1.09% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 349,602 | $17.96M | $17.69M | -$264,699.79 | -1.47% |
| MM Mary McCraw ARKANSAS FINANCIAL GROUP Inc. | 63,304 | $3.18M | $3.18M | $3,869.79 | 0.12% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 42,917 | $2.18M | $2.17M | -$2,460.69 | -0.11% |
First Trust Managed Municipal Fund (FMB) FAQ
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First Trust Managed Municipal Fund Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The provided company is a fund that chiefly focuses on investing in municipal debt securities. Its investment strategy is geared towards securities that offer tax-exempt interest, aiming to benefit from regular federal income tax exemptions. The fund operates under normal market conditions and commits at least 80% of its net assets, which includes money borrowed for investment purposes, in acquiring these municipal debt securities. This strategic approach indicates a conservative investment positioning, focusing on generating income while possibly minimizing tax burdens for its investors.
Products and Services
The fund primarily offers investment opportunities in municipal debt securities with tax-exempt interest. Below is a closer look at its main product:
- Municipal Debt Securities Investment
This service revolves around the acquisition and management of municipal debt securities that pay interest exempt from regular federal income taxes. By focusing at least 80% of its net assets on these instruments, the fund seeks to provide a steady income stream to its investors, potentially reducing their federal tax obligations. The selection of securities is strategically managed to align with the fund's investment objectives while navigating through the complexities of the municipal bond market.
