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

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.

Key Stats

• Today's Range: $47.74 to $48.29
• 50-Day Range: $47.98 to $49.30
• 52-Week Range: $47.14 to $49.51
• Volume: 148,056 shs
• Average Volume: 72,084 shs
• Market Capitalization: $744.84 million
• Assets Under Management: $753.55 million
• Dividend Yield: 4.34%
• Net Expense Ratio: 0.70%
• Aggregate Rating: N/A

FMHI ETF - Frequently Asked Questions

How have FMHI shares performed this year?

First Trust Municipal High Income ETF's stock was trading at $47.68 at the beginning of the year. Since then, FMHI stock has increased by 1.1% and is now trading at $48.21.
View the best growth stocks for 2024 here.

Who are First Trust Municipal High Income ETF's major shareholders?

Top institutional shareholders 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%).

How do I buy shares of First Trust Municipal High Income ETF?

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.
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What other stocks do shareholders of First Trust Municipal High Income ETF own?

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
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:FMHI
• Inception Date: 11/1/2017
• Fund Manager: Tom Byron, Johnathan Wilhelm
• Web: N/A
• Phone: 14089961010

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Broad Municipals
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 587

Fund Statistics

• Assets Under Management: $753.55 million
• Average Daily Volume: $88,728.80
• Discount/Premium: -0.13%

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: 16,500 shs

Miscellaneous

• Outstanding Shares: 15,450,000
• Beta: 0.22
• Creation Unit: 50,000
• Creation Fee: $500.00