FSMB Distribution History & Yield
First Trust Short Duration Managed Municipal ETF · NYSEArca
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Mon, Nov 23, 2026 (in 29 days) | Dec 7, 2026 | $0.0528 | $5.28 | Estimated |
| Wed, Dec 23, 2026 (in 59 days) | Jan 6, 2027 | $0.0528 | $5.28 | Estimated |
| Fri, Jan 22, 2027 (in 89 days) | Feb 5, 2027 | $0.0528 | $5.28 | Estimated |
| Sun, Feb 21, 2027 (in 119 days) | Mar 7, 2027 | $0.0528 | $5.28 | Estimated |
| Tue, Mar 23, 2027 (in 149 days) | Apr 6, 2027 | $0.0528 | $5.28 | Estimated |
| Thu, Apr 22, 2027 (in 179 days) | May 6, 2027 | $0.0528 | $5.28 | Estimated |
| Sat, May 22, 2027 (in 209 days) | Jun 5, 2027 | $0.0528 | $5.28 | Estimated |
| Mon, Jun 21, 2027 (in 239 days) | Jul 5, 2027 | $0.0528 | $5.28 | Estimated |
| Wed, Jul 21, 2027 (in 269 days) | Aug 4, 2027 | $0.0528 | $5.28 | Estimated |
| Fri, Aug 20, 2027 (in 299 days) | Sep 3, 2027 | $0.0528 | $5.28 | Estimated |
| Sun, Sep 19, 2027 (in 329 days) | Oct 3, 2027 | $0.0528 | $5.28 | Estimated |
| Tue, Oct 19, 2027 (in 359 days) | Nov 2, 2027 | $0.0528 | $5.28 | Estimated |
Estimated dates and amounts are projected from FSMB's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.634 per share.
Distribution payment history
Last 40 payments per share. RegularSpecial
Annual distributions per share
How much FSMB do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,893 | $37,211 | $1,200 |
| $500 / month | 9,464 | $186,057 | $6,000 |
| $1,000 / month | 18,928 | $372,114 | $12,000 |
Based on the forward yield of 3.22%. $10,000 in FSMB would currently pay about $322 a year ($27 a month on average). Model reinvestment and growth →
FSMB distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 24, 2026 | — | $0.054 | +1.9% |
| Aug 21, 2026 | — | $0.053 | +0.0% |
| Jul 21, 2026 | — | $0.053 | +0.0% |
| Jun 25, 2026 | — | $0.053 | +0.0% |
| May 21, 2026 | — | $0.053 | +0.0% |
| Apr 21, 2026 | — | $0.053 | +0.0% |
| Mar 26, 2026 | — | $0.053 | +0.0% |
| Feb 20, 2026 | — | $0.053 | +0.0% |
| Jan 21, 2026 | — | $0.053 | +1.9% |
| Dec 12, 2025 | — | $0.052 | +0.0% |
| Nov 21, 2025 | — | $0.052 | +0.0% |
| Oct 21, 2025 | — | $0.052 | +0.0% |
| Sep 25, 2025 | — | $0.052 | +0.0% |
| Aug 21, 2025 | — | $0.052 | +0.0% |
| Jul 22, 2025 | — | $0.052 | +0.0% |
| Jun 26, 2025 | — | $0.052 | +2.0% |
| May 21, 2025 | — | $0.051 | +0.0% |
| Apr 22, 2025 | — | $0.051 | +0.0% |
| Mar 27, 2025 | — | $0.051 | +0.0% |
| Feb 21, 2025 | — | $0.051 | +0.0% |
| Jan 22, 2025 | — | $0.051 | +2.0% |
| Dec 13, 2024 | — | $0.05 | +0.0% |
| Nov 21, 2024 | — | $0.05 | +0.0% |
| Oct 22, 2024 | — | $0.05 | +0.0% |
Payout risk check
FSMB's last 12 distributions were very stable (consistency score 99/100).
Its share price moved -2.1% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About First Trust Short Duration Managed Municipal ETF
Under normal market conditions, the fund seeks to achieve its investment objective 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. The municipal securities in which the fund invests may be fixed, variable or floating-rate securities.
Fund family: First Trust. Category: Muni National Short. First distribution on our records: Dec 18, 2018. 94 payments tracked. Data last refreshed Oct 21, 2026. Spotted a mistake? Report it and we'll fix it.
FSMB distribution FAQ
When is FSMB's next ex-distribution date?
FSMB's next ex-distribution date is Nov 23, 2026 (in 29 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.0528 per share, expected on Dec 7, 2026.
How often does FSMB pay distributions?
FSMB pays distributions every month, 12 times a year. The most recent payment was $0.054 per share with an ex-date of Sep 24, 2026.
What is FSMB's distribution yield?
FSMB's trailing 12-month distribution yield is 2.96%, based on $0.582 per share paid over the last year and a share price of $19.66. The forward yield, using the indicated annual rate of $0.634 per share, is 3.22%.
How much does FSMB pay per share?
FSMB pays about $0.0528 per share each month, which works out to roughly $0.634 per share a year. 100 shares would collect about $63.40 a year.
Has FSMB grown or cut its distribution?
FSMB has raised its annual distribution for 4 consecutive years. Over the last 5 years the regular payout has grown at 16.6% a year (-12.5% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of FSMB do I need to earn $100 a month?
At the current forward yield of 3.22%, you would need about 1,893 shares of FSMB (roughly $37,211 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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|---|---|---|---|---|---|---|---|
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