MUB vs FECM
YTDYear to date
Level
Past year
Level
Fee
MUB winslower fee
Yield
MUB wins+1.8 pts
AUM
MUB3328.6× more
2–0MUB wins
MUB and FECM · year-to-date · as of Nov 7, 2026 · AUM not scored
FECM vs S&P 500
5Y$24.59 · +0.2% last sessionDividend-adjusted total return. S&P 500 uses VOO.CompareS&P 500+ Peer avg+ Add a fund
Return1D1M3MYTD1Y3Y5Y ▼MAX
Total return+0.2%+4.1%+0.1%————−0.4%
Peer average+0.2%+4.2%−0.2%+1.1%+1.5%+15.2%+3.0%—
S&P 500 · VOO+0.3%−5.0%−4.6%+8.7%+9.8%+80.8%+71.8%+793.2%
First Eagle FECM and Vanguard VOO · total return, dividends in · as of Nov 7, 2026
FECM’s Holdings
TodayJPMORGAN US GOJpmorgan Us Govt Mm2.9%NEW YORK N Y2.4%BLACK BELT E2.1%AUSTIN TEX E2.0%NEW YORK ST 1.8%INDIANA FIN 1.8%NEW JERSEY S1.8%ILLINOIS FIN1.7%COLORADO INT1.7%EANES TEX IN1.6%KENT CNTY DE1.5%FLORIDA GULF1.5%BLOOMINGTON 1.5%DELAWARE CNT1.5%NEW YORK ST 1.5%KATY TEX IND1.5%KALAMAZOO MI1.4%RHODE IS ST 1.4%NEW YORK ST 1.4%ILLINOIS FIN1.3%MONTROSE COL1.2%NORTHAMPTON 1.2%
JPMORGAN US GOJpmorgan Us Govt Mm2.9%NEW YORK N Y2.4%BLACK BELT E2.1%AUSTIN TEX E2.0%NEW YORK ST 1.8%INDIANA FIN 1.8%NEW JERSEY S1.8%ILLINOIS FIN1.7%COLORADO INT1.7%EANES TEX IN1.6%KENT CNTY DE1.5%FLORIDA GULF1.5%
First Eagle FECM · 97 holdings · tile size = share of the fund · as of Nov 6, 2026
All 166 Municipal ETFs
5Y| # | Trend | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 | MUB | National Muni BondReadDesk | 0.05% | 3.3% | +0.5% | +4.1% | $55.0B | |
| 2 | VTEB | Tax-Exempt BondReadDesk | 0.03% | 3.5% | +0.7% | +4.2% | $49.6B | |
| 3 | SUB | Short-Term National Muni BondReadDesk | 0.07% | 2.6% | +1.6% | +8.6% | $13.4B | |
| 4 | JMUB | JPMorgan MunicipalReadDesk | 0.18% | 3.8% | +0.9% | +6.2% | $9.1B | |
| 5 | CGMU | Capital Group Municipal IncomeReadDesk | 0.27% | 3.4% | +1.3% | new | $7.6B | |
| 6 | CMF | California Muni BondReadDesk | 0.08% | 3.0% | +0.4% | +3.3% | $5.5B | |
| 7 | HYD | VanEck High Yield MuniReadDesk | 0.32% | 4.4% | +1.0% | −1.1% | $4.6B | |
| 8 | PZA | National AMT-Free Municipal BondReadDesk | 0.28% | 3.9% | −0.1% | −1.8% | $4.1B | |
| 9 | SCMB | Municipal BondReadDesk | 0.03% | 3.6% | +0.4% | new | $4.1B | |
| 10 | HYMB | State Street SPDR Nuveen ICE High Yield Municipal BondReadDesk | 0.35% | 4.7% | +1.5% | +1.2% | $3.8B | |
| 11 | CGHM | Capital Group Municipal High-IncomeReadDesk | 0.34% | 4.3% | +1.8% | new | $3.8B | |
| 12 | MUNI | PIMCO Intermediate Municipal Bond Active Exchange-TradedReadDesk | 0.35% | 3.3% | +1.3% | +7.2% | $3.7B | |
| 13 | VTEC | California Tax-Exempt BondReadDesk | 0.06% | 3.2% | +0.3% | new | $3.6B | |
| 14 | VTES | Short-Term Tax-Exempt BondReadDesk | 0.05% | 2.7% | +1.4% | new | $3.6B | |
| 15 | SHM | State Street SPDR Nuveen ICE Short Term Municipal BondReadDesk | 0.20% | 2.7% | +1.4% | +5.6% | $3.5B | |
| 16 | TFI | State Street SPDR Nuveen ICE Municipal BondReadDesk | 0.23% | 3.6% | +0.2% | −0.6% | $2.9B |
1–16 of 166Page 1 of 11
Municipal · current AUM · as of Nov 7, 2026
FECM Payouts by Year
1YLatest payout, Nov 2026
$0.08
a share · every month
1.4% yield
1.4% yield
1 years added up
$0.35 a share
$0.35 a share
First Eagle FECM · per-share distributions by ex-date · 2026–2026
FECM’s Peers
YTD| # | Trend | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MUB | iShares National Muni Bond ETFReadVersus | 0.05% | 3.3% | +0.4% | +0.5% | +0.9% | $55.0B | |
| 2 | VTEB | Vanguard Tax-Exempt Bond ETFReadVersus | 0.03% | 3.5% | +0.2% | +0.7% | +1.3% | $49.6B | |
| 3 | SUB | iShares Short-Term National Muni Bond ETFReadVersus | 0.07% | 2.6% | 0.0% | +1.6% | +2.5% | $13.4B | |
| 4 | JMUB | JPMorgan Municipal ETFReadVersus | 0.18% | 3.8% | +0.1% | +0.9% | +1.4% | $9.1B | |
| 5 | CGMU | Capital Group Municipal Income ETFReadVersus | 0.27% | 3.4% | +0.2% | +1.3% | +2.0% | $7.6B | |
| 6 | FECM | First Eagle Core Municipal ETFThis fund | 0.40% | 1.4% | +0.2% | new | new | $16.5M |
#140 cheapest of 166 · sorted by assetsOpen the Bonds & Cash table →
FECM and its peer group · total return · as of Nov 7, 2026
Cards for This View
FECM’s Top 10 Holdings
Today19.9%of FECM sits in these 10
1JPMORGJpmorgan Us Govt Mm2.93%
2NEW YONew York N Y City Transitional Fin Auth Rev Future2.42%
3BLACK Black Belt Energy Gas Dist Ala Gas Proj Rev Bds2.07%
4AUSTINAustin Tex Elec Util Sys Rev Rev Ref Bds 20172.05%
5NEW YONew York St Dorm Auth St Pers Income Tax Rev Rev1.84%
6INDIANIndiana Fin Auth Edl Facs Rev Bds 2026 22/oct/20261.80%
7NEW JENew Jersey St Transn Tr Fd Auth Transn Program Bds1.78%
8ILLINOIllinois Fin Auth Rev Bds 2026 21/jul/20261.74%
9COLORAColorado Intl Ctr Met Dist No 14 Tax Gen Oblig1.69%
10EANES Eanes Tex Indpt Sch Dist Unltd Tax Bldg Bds 2019 A1.61%
First Eagle FECM · weight in the fund · as of Nov 6, 2026
FECM’s Holdings
TodayJPMORGAN US GOJpmorgan Us Govt Mm2.9%NEW YORK N Y2.4%BLACK BELT E2.1%AUSTIN TEX E2.0%NEW YORK ST 1.8%INDIANA FIN 1.8%NEW JERSEY S1.8%ILLINOIS FIN1.7%COLORADO INT1.7%EANES TEX IN1.6%KENT CNTY DE1.5%FLORIDA GULF1.5%BLOOMINGTON 1.5%DELAWARE CNT1.5%NEW YORK ST 1.5%KATY TEX IND1.5%KALAMAZOO MI1.4%RHODE IS ST 1.4%NEW YORK ST 1.4%ILLINOIS FIN1.3%MONTROSE COL1.2%NORTHAMPTON 1.2%
JPMORGAN US GOJpmorgan Us Govt Mm2.9%NEW YORK N Y2.4%BLACK BELT E2.1%AUSTIN TEX E2.0%NEW YORK ST 1.8%INDIANA FIN 1.8%NEW JERSEY S1.8%ILLINOIS FIN1.7%COLORADO INT1.7%EANES TEX IN1.6%KENT CNTY DE1.5%FLORIDA GULF1.5%
First Eagle FECM · 97 holdings · tile size = share of the fund · as of Nov 6, 2026
FECM vs Peer Average
YTDFECMAvsBPeer average
1D+0.2%+0.2%
1M+4.1%+4.2%
3M+0.1%−0.2%
YTD[…]+1.1%
1Y[…]+1.5%
3Y[…]+15.2%
5Y[…]+3.0%
1–2Peer average wins
165 Municipal peers · each row scaled to its leader