First Trust Municipal High Income ETF
NASDAQ:FMHI

  • LAST PRICE
    48.14
  • TODAY'S CHANGE (%)
    -0.16 (-0.33%)
  • Bid / Lots
    43.62/ 1
  • Ask / Lots
    72.21/ 2
  • Open / Previous Close
    48.28 / 48.30
  • Day Range
    48.07
    48.28
  • 52 Week Range
    43.88
    48.37
  • Volume
    46,416
  • Overall Morningstar Rating
    out of 246 funds

Search Criteria

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CompanyCountrySymbol

Charts

Price Comparison Graph. See accessible table below
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Daily Premium/Discount

Bar Graph.See accessible table below
ETFs trading at a price higher than its Net Asset Value (NAV) is said to be trading at a premium, while those trading at price lower than its NAV is said to be at a discount. By showing the daily premium/discount percentage, we can see the trend in market sentiments, regarding the value of an ETF over time.

Holdings Diversification

Asset Class
US Bond		95.5%
Non-US Bond		3.4%
Cash		1.1%
Convertible		0
Non-US Stock		0
Other		0
Sectors
No data available
Geographic Region
No data available
As of 2024-05-19

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
Ultra 10 Year US Treasury Note Future June 24
Short
2.4%
0.00%
$-13.8M
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
Long
1.7%
0.00%
$9.8M
MEADE CNTY KY INDL BLDG REV 4.2%
Long
1.3%
0.00%
$7.6M
MISSISSIPPI BUSINESS FIN CORP MISS SOLID WASTE DISP REV 3.8%
Long
1.0%
0.00%
$5.8M
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%
Long
0.8%
0.00%
$4.4M
BURKE CNTY GA DEV AUTH POLLUTN CTL REV 3.7%
Long
0.8%
0.00%
$4.4M
SPRING VY CMNTY INFRASTRUCTURE DIST NO 1 IDAHO SPL ASSMT 6.25%
Long
0.7%
0.00%
$4.1M
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
Long
0.7%
0.00%
$3.9M
TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%
Long
0.7%
0.00%
$3.9M
CHICAGO ILL BRD ED 5%
Long
0.6%
0.00%
$3.7M
As of 2024-05-15

Reports

  • 05/12/24

    Morningstar ETF Report

    The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.

Morningstar Ratings

Time HorizonStar Rating
Overall Rating
3 Year Rating
5 Year Rating
10 Year RatingNot Rated
As of 2024-04-30

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
Bloomberg Municipal TR USD
Category
High Yield Muni
Sponsor
First Trust Advisors L.P.
Inception
November 2, 2017
As of 2024-04-30

The investment seeks to provide federally tax-exempt income; the secondary objective will be long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.

Holding Details
Total Net Assets$597.6M
Shares Out.12.7M
Net Asset Value (NAV)$48.15
Prem/Discount to NAV-0.02%
P/E Ratio---
Dividend Yield3.91%
Dividend per Share1.88 USD
Ex-Dividend Date04/23/2024
Dividend Payment Date04/30/2024
Beta---
Morningstar Investment StyleHigh Yield Muni
Equity Style
---
Credit Quality / Duration
---
Fees & Expenses
Actual Management Fee0.70%
Actual Mgmt. Expense Ratio (MER)0.65%