Expense Ratio History

FUMB expense ratio history

First Trust Ultra Short Duration Municipal ETF

Fund company
First Trust
Type
ETF

0.45%

In basis points
45 basis points
Yearly cost per $10,000
$45
Prospectus dated
1 December 2025, filed with the SEC; rounded to 0.01%

Fee over time

FUMB expense ratio: read at 0.45% on 1 Dec 2025.0.00%0.20%0.40%0.60%0.80%Nov 2018Feb 2020May 2021Aug 2022Nov 2023Feb 20250.45% on 1 Dec 2025
FUMB expense ratio: read at 0.45% on 1 Dec 2025.0.00%0.20%0.40%0.60%0.80%Nov 2018Apr 2021Sep 20230.45% on 1 Dec 2025
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Every figure we've recorded

DateFeeWhat happened
1 Dec 2025 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Dec 2024 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2023 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2022 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2021 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2020 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Dec 2019 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-12-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2018 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.45% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$568 in fees over 10 years

After fees, $10,000 grows to $15,587.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$46
3 years$145
5 years$253
10 years$568

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 8 prospectuses for this share class since 2018. Each one is listed above with a link to the filing.

How we read fees

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