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FMF · ARCA · ETF

First Trust Managed Futures Strategy Fund (FMF) Price, Holdings & Fees

$685.31+1.16%+$7.83End-of-day price as of Oct 9, 2026

First Trust Managed Futures Strategy Fund (FMF) closed at $685.31 on Oct 9, 2026, up 1.16% from the previous close of $677.48.

Share price, past year

1Y +16.50%

52-week range $568.79 – $685.31. Daily closing prices.
Monthly closing prices
Last closing price of each month
DateClose
Oct 9, 2026$685.31
Sep 30, 2026$670.64
Aug 31, 2026$639.43
Jul 31, 2026$661.37
Jun 30, 2026$620.48
May 29, 2026$611.83
Apr 30, 2026$598.79
Mar 31, 2026$636.45
Feb 27, 2026$605.15
Jan 30, 2026$585.21
Dec 31, 2025$602.25
Nov 28, 2025$596.22
Oct 31, 2025$581.26

Key statistics

Expense ratio
0.98%
as of Dec 31, 2025
Net assets
$272.3M
as of Jun 30, 2026
Holdings
66
as of Jun 30, 2026
52-week range
$568.79 – $685.31

First Trust Managed Futures Strategy Fund's expense ratio is 0.98%: $98.00 a year on $10,000 invested.

Holdings

First Trust Managed Futures Strategy Fund held 66 investments worth $272.27M as of Jun 30, 2026. Its largest holding was MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS, at 28.56% of the fund.

First Trust Managed Futures Strategy Fund largest holdings by share of net assets
#Holding% of fundValue
1MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS28.56%$77.75M
2DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS28.56%$77.75M
3UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT10.99%$29.91M
4UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT9.17%$24.97M
5UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT7.31%$19.90M
6UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT7.30%$19.87M
7THE LONDON METAL EXCHANGE0.25%$671.26K
8CHICAGO MERCANTILE EXCHANGE0.22%$596.61K
9Osaka Exchange,Inc0.17%$2.90K
10NEW YORK MERCANTILE EXCHANGE0.14%$370.35K
11CHICAGO MERCANTILE EXCHANGE0.11%$292.35K
12BOARD OF TRADE OF THE CITY OF CHICAGO, INC.0.10%$279.08K
13ICE FUTURES EUROPE0.09%$252.18K
14CHICAGO MERCANTILE EXCHANGE0.06%$166.68K
15CHICAGO MERCANTILE EXCHANGE0.06%$156.16K
16CHICAGO MERCANTILE EXCHANGE0.06%$154.05K
17MEFF SOCIEDAD RECTORA DEL MERCADO DE PRODUCTOS DERIVADOS, S.A.U.0.05%$153.43K
18ICE FUTURES EUROPE0.05%$131.84K
19THE LONDON METAL EXCHANGE0.05%$128.92K
20Osaka Exchange,Inc0.04%$700.91
21THE LONDON METAL EXCHANGE0.04%$113.37K
22BOARD OF TRADE OF THE CITY OF CHICAGO, INC.0.03%$92.44K
23CHICAGO MERCANTILE EXCHANGE0.03%$75.28K
24ITALIAN DERIVATIVES MARKET0.02%$73.81K
25CHICAGO MERCANTILE EXCHANGE0.02%$53.85K

Top 25 of 66 holdings, as of Jun 30, 2026. Percentages are of the fund's net assets.

What the fund owns

First Trust Managed Futures Strategy Fund holdings by asset type
Asset type% of fund
Cash and short-term investments57.11%
Bonds and other debt34.76%
Derivatives0.39%
Currency derivatives0.32%
Interest rate derivatives−0.12%
Commodity derivatives−0.60%
First Trust Managed Futures Strategy Fund holdings by country, largest 6
Country% of fund
United States91.49%
United Kingdom0.21%
Japan0.19%
Spain0.05%
Canada0.03%
Italy0.02%

Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.

Monthly total returns

Over the 3 months to Jun 30, 2026, First Trust Managed Futures Strategy Fund's total return was −0.77%, as reported to the SEC.

First Trust Managed Futures Strategy Fund monthly total returns
MonthTotal return
Jun 30, 2026−2.39%
May 31, 2026−0.29%
Apr 30, 2026+1.96%

The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.

Fund profile

Name
First Trust Managed Futures Strategy Fund
Ticker
FMF
Exchange
ARCA
Fund type
ETF
Trust
FIRST TRUST EXCHANGE-TRADED FUND V
SEC series ID
S000037848
SEC CIK
0001549548
Fractional shares
Yes

Recent SEC filings

Shareholder reports and prospectuses are filed by FIRST TRUST EXCHANGE-TRADED FUND V, the trust behind First Trust Managed Futures Strategy Fund, and cover all of its funds.

Frequently asked questions

What is FMF's price?

First Trust Managed Futures Strategy Fund (FMF) closed at $685.31 on Oct 9, 2026, up 1.16% from the previous close of $677.48.

What is FMF's expense ratio?

First Trust Managed Futures Strategy Fund's expense ratio is 0.98%: $98.00 a year on $10,000 invested.

What does FMF hold?

First Trust Managed Futures Strategy Fund held 66 investments worth $272.27M as of Jun 30, 2026. Its largest holding was MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS, at 28.56% of the fund. Its five largest holdings were MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS, DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT.

How has FMF performed?

Over the 3 months to Jun 30, 2026, First Trust Managed Futures Strategy Fund's total return was −0.77%, as reported to the SEC.

Sources and methodology

Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jun 30, 2026 (filed Aug 21, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Dec 31, 2025. Prices are generated sample data for development. Data sources and disclosures