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NASDAQ:FMHI

First Trust Municipal High Income ETF (FMHI) Price, Holdings, & News

First Trust Municipal High Income ETF logo
$48.73 -0.15 (-0.31%)
(As of 12:45 PM ET)

About First Trust Municipal High Income ETF (NASDAQ:FMHI)

Key Stats

Today's Range
$48.72
$48.84
50-Day Range
$48.26
$49.47
52-Week Range
$45.71
$49.51
Volume
21,275 shs
Average Volume
70,721 shs
Market Capitalization
$752.88 million
Assets Under Management
$748.32 million
Dividend Yield
3.94%
Net Expense Ratio
0.70%
Aggregate Rating
N/A

ETF Overview

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.

First Trust Municipal High Income ETF Expenses

TypeFMHIBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.70%0.32%0.33%0.49%0.52%
Other Expenses0.00%0.57%0.26%0.41%0.53%
Total Expense0.70%0.46%0.40%0.63%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.32%-0.57%
Net Expense0.70%0.41%0.36%0.56%0.59%
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FMHI ETF News Headlines

First Trust Managed Municipal I
PGIM Muni High Income A
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FMHI ETF - Frequently Asked Questions

First Trust Municipal High Income ETF's stock was trading at $47.68 on January 1st, 2024. Since then, FMHI shares have increased by 2.4% and is now trading at $48.83.
View the best growth stocks for 2024 here
.

Top institutional investors of First Trust Municipal High Income ETF include Wealth Enhancement Advisory Services LLC (10.08%), Citigroup Inc. (2.13%), Financial Partners Group Inc (1.55%) and HighTower Advisors LLC (1.12%).

Shares of FMHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Municipal High Income ETF investors own include Berkshire Hathaway (BRK.B), Intel (INTC), NVIDIA (NVDA), Adobe (ADBE), VanEck Fallen Angel High Yield Bond ETF (ANGL), AutoZone (AZO) and Boeing (BA).

Fund Details

Issuer
First Trust
Fund Name
First Trust Municipal High Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FMHI
Inception Date
11/1/2017
Fund Manager
Tom Byron, Johnathan Wilhelm
Web
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
584

Fund Statistics

Assets Under Management
$748.32 million
Average Daily Volume
$107,031.70
Discount/Premium
-0.03%

Administrator, Advisor and Custodian

Administrator
The Bank of New York Mellon Corporation
Advisor
First Trust Advisors L.P.
Custodian
The Bank of New York Mellon Corporation
Distributor
First Trust Portfolios L.P.
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
RBC Capital Markets

Options

Optionable
N/A
Short Interest
55,800 shs

Miscellaneous

Beta
0.22
Creation Unit
50,000
Creation Fee
$500.00
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Top 10 FMHI Holdings

  • MEADE CNTY KY INDL BLDG REV 4.2%
    Holding Weight: 1.03%
  • MISSISSIPPI BUSINESS FIN CORP MISS SOLID WASTE DISP REV 3.7%
    Holding Weight: 0.90%
  • Cash
    Holding Weight: 0.85%
  • BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
    Holding Weight: 0.77%
  • PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%
    Holding Weight: 0.61%
  • BURKE CNTY GA DEV AUTH POLLUTN CTL REV 3.6%
    Holding Weight: 0.60%
  • SPRING VY CMNTY INFRASTRUCTURE DIST NO 1 IDAHO SPL ASSMT 6.25%
    Holding Weight: 0.58%
  • TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%
    Holding Weight: 0.57%
  • BLACK DESERT PUB INFRASTRUCTURE DIST UTAH SPL ASSMT 5.625%
    Holding Weight: 0.56%
  • SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
    Holding Weight: 0.52%

FMHI Sector Exposure

FMHI Industry Exposure


This page (NASDAQ:FMHI) was last updated on 11/21/2024 by MarketBeat.com Staff
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