FSMB
First Trust Short Duration Managed Municipal ETF
First Trust Exchange-Traded Fund III
ETF

Portfolio concentration

As of April 30, 2026 · N-PORT
Holdings
553
Top-10 weight
7.20%
Effective holdings ?
333
Crowding ?
18.6

Holdings

As of April 30, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C SEEPWR 6,000,000 $6.37M 1.06%
2 County of Utah UT 5,000,000 $5.00M 0.83%
3 OH OHSDEV 11/01/2039 OHSDEV 4,765,000 $4.81M 0.80%
4 Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB PUBPOL 4,280,000 $4.28M 0.71%
5 St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB SJBCTF 4,000,000 $4.03M 0.67%
6 Main Street Energy, Inc., Series D MSEPWR 3,700,000 $3.90M 0.65%
7 Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB PALMED 3,715,000 $3.74M 0.62%
8 NYC MUNI WTR FIN-BB 3,500,000 $3.50M 0.58%
9 Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A KYSPWR 3,290,000 $3.48M 0.58%
10 Black Belt Energy Gas District 3,240,000 $3.44M 0.57%
11 BLACK BELT ENERGY GAS VAR BBEUTL 3,385,000 $3.42M 0.57%
12 NM MUNI ENERGY ACQ AU 3,180,000 $3.38M 0.56%
13 NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE 3,125,000 $3.14M 0.52%
14 LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 5.00000000 3,000,000 $3.14M 0.52%
15 ALLEGHENY HOSP DEV-A 3,000,000 $3.09M 0.52%
16 WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 WHGFAC 3,070,000 $3.08M 0.51%
17 MD CMNTY DEV-D-2 3,000,000 $3.04M 0.51%
18 UNITED AIRLINES INC 4.0% 07-15-29 CASFIN 3,000,000 $3.02M 0.50%
19 WASTE MANAGEMENT INC (MPT) 3.45% 11-01-44 3,000,000 $3.00M 0.50%
20 NEW YORK NY REGD V/R B/E 2.65000000 3,000,000 $3.00M 0.50%
21 NORTH CAROLINA ST HSG FIN AGYM REGD V/R B/E 5.00000000 2,800,000 $2.91M 0.49%
22 TX TMGUTL 01/01/2054 TMGUTL 2,690,000 $2.85M 0.48%
23 FARM N MEX PCR 0% 6/1/2040 MT 2,770,000 $2.82M 0.47%
24 Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B KYSPWR 2,575,000 $2.73M 0.46%
25 DFW ARPT 5% 11/1/2031 @ 2,500,000 $2.73M 0.46%
26 FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE FLSMED 2,500,000 $2.71M 0.45%
27 City of Atlanta GA Department of Aviation 2,500,000 $2.70M 0.45%
28 TN TNSUTL 05/01/2053 TNSUTL 2,500,000 $2.57M 0.43%
29 City of Philadelphia PA Airport Revenue 2,370,000 $2.57M 0.43%
30 FAIRFAX C VA 5% 1/1/2045 MT 2,500,000 $2.56M 0.43%
31 WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41 2,500,000 $2.52M 0.42%
32 NORTH BLOCK ASSOCIATES LLC HUD SECT 8 FHA 221(D)(4) (MPT) 3.4% 02-01-29 2,500,000 $2.51M 0.42%
33 COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75 TRMENV 2,500,000 $2.50M 0.42%
34 ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000 2,500,000 $2.50M 0.42%
35 MOBILE PCR-VAR-AL PWR 2,500,000 $2.48M 0.41%
36 MTRO WA DC ARPT 5% 10/1/2031 @ 2,250,000 $2.46M 0.41%
37 LEHIGH PA_IDA 3% 9/1/2029 2,450,000 $2.45M 0.41%
38 INDIANAPOLIS IN LOCAL PUBLIC I REGD N/C B/E AMT 5.00000000 2,260,000 $2.44M 0.41%
39 State of Illinois, Series C ILS 2,365,000 $2.44M 0.41%
40 NORTHWESTERN CORP 3.875% 07-01-28 FORPOL 2,395,000 $2.43M 0.41%
41 HOUSTON-UTL SYS-B-REF 2,415,000 $2.42M 0.40%
42 DE ST EDA 3.60% 1/1/31 DESDEV 2,350,000 $2.42M 0.40%
43 PEFA INC VAR PEFUTL 2,395,000 $2.41M 0.40%
44 TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN TGYPWR 2,260,000 $2.38M 0.40%
45 NY TRANS CORP 5% 1/1/2032 @ 2,315,000 $2.37M 0.40%
46 SOUTHEAST ENERGY-F 2,210,000 $2.36M 0.39%
47 SOUTHEAST ENERGY AUTH VAR SEEPWR 2,315,000 $2.34M 0.39%
48 South Carolina Jobs-Economic Development Authority, Series 2023A 2,320,000 $2.31M 0.39%
49 MTRO WA DC ARPT 5% 10/1/2035 @ 2,145,000 $2.30M 0.38%
50 NYC HSG DEV CORP-F-2A 2,260,000 $2.26M 0.38%
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