FUMB - First Trust Ultra Short Duration Municipal ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 20.04 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.07 Company Description First Trust ExchangeTraded Fund III First Trust Ultra Short Duration Municipal ETF is an exchange traded fund launched and managed by First Trust Advisors LP The fund invests in fixed income markets of the United States It invests in investment grade tax exempt municipal debt securities issued by or on behalf of states territories or possessions of the US and the District of Columbia and their political subdivisions agencies authorities and other instrumentalities rated Baa3 by Moodys or BBB by SP or Fitch The fund is expected to maintain the weighted average duration of less than one year It seeks to benchmark the performance of its portfolio against the Bloomberg Municipal ShortTerm Index and the Bloomberg Municipal Bond Index First Trust ExchangeTraded Fund III First Trust Ultra Short Duration Municipal ETF was formed on November 1 2018 and is domiciled in the United States