First Trust Ultra Short Duration Municipal ETF Announces $0.044 Monthly Dividend

The First Trust Ultra Short Duration Municipal ETF (FUMB) has declared a monthly dividend of $0.044 per share, to be paid on September 30. Shareholders must have been recorded by the close of business on September 24 to receive this payment. This announcement reflects FUMB's consistent approach in providing regular income through its municipal bond holdings with short durations. The ETF is designed for investors seeking tax-advantaged returns and stable cash flow, particularly those interested in lower-risk fixed-income investments.

By Deepa Sarvaiya, SA News Editor · Seeking Alpha ·

First Trust Ultra Short Duration Municipal ETF Announces $0.044 Monthly Dividend

Tickers: $FUMB

Topics: Dividends ETFs Municipal Bonds

Read the full article at Seeking Alpha

More World news