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NYSEARCA:FMNY

First Trust New York Municipal High Income ETF (FMNY) Price, Holdings, & News

First Trust New York Municipal High Income ETF logo
$26.83 -0.12 (-0.45%)
(As of 11:11 AM ET)

About First Trust New York Municipal High Income ETF (NYSEARCA:FMNY)

Key Stats

Today's Range
$26.83
$26.83
50-Day Range
$26.70
$27.39
52-Week Range
$26.07
$27.43
Volume
691 shs
Average Volume
2,236 shs
Market Capitalization
$18.78 million
Assets Under Management
$20.23 million
Dividend Yield
2.42%
Net Expense Ratio
0.65%
Aggregate Rating
N/A

ETF Overview

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes. FMNY was launched on May 12, 2021 and is managed by First Trust.

First Trust New York Municipal High Income ETF Expenses

TypeFMNYBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.65%0.32%0.33%0.51%0.52%
Other Expenses0.00%0.57%0.26%0.57%0.53%
Total Expense0.65%0.46%0.40%0.73%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.67%-0.57%
Net Expense0.65%0.41%0.36%0.58%0.59%
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FMNY ETF News Headlines

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FMNY ETF - Frequently Asked Questions

First Trust New York Municipal High Income ETF's stock was trading at $27.14 at the start of the year. Since then, FMNY stock has decreased by 1.1% and is now trading at $26.83.
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.

Top institutional investors of First Trust New York Municipal High Income ETF include Magnus Financial Group LLC (23.12%), Hennion & Walsh Asset Management Inc. (10.43%) and Socha Financial Group LLC (4.05%).

Shares of FMNY 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.

Fund Details

Issuer
First Trust
Fund Name
First Trust New York Municipal High Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FMNY
Inception Date
5/12/2021
Fund Manager
Tom Futrell, Johnathan N. Wilhelm
Web
N/A
Phone
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
69

Fund Statistics

Assets Under Management
$20.23 million
Average Daily Volume
$0.00
Discount/Premium
-0.02%

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
Flow Traders

Options

Optionable
N/A
Short Interest
2,100 shs

Miscellaneous

Beta
0.08
Creation Unit
50,000
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Top 10 FMNY Holdings

  • SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV 6%
    Holding Weight: 2.64%
  • NASSAU CNTY N Y INDL DEV AGY CIVIC FAC REV 3.55%
    Holding Weight: 2.53%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 2.35%
  • PUERTO RICO COMWLTH 4%
    Holding Weight: 2.01%
  • PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%
    Holding Weight: 2.01%
  • NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
    Holding Weight: 1.97%
  • LONG IS PWR AUTH N Y ELEC SYS REV 5%
    Holding Weight: 1.95%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 4%
    Holding Weight: 1.82%
  • NEW YORK ST URBAN DEV CORP REV 5%
    Holding Weight: 1.75%
  • GUAM GOVT WTRWKS AUTH WTR & WASTEWTR SYS REV 5%
    Holding Weight: 1.72%

FMNY Sector Exposure

FMNY Industry Exposure


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