First Trust Municipal High Income ETF

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Key stats

Assets under management (AUM)
‪561.36 M‬USD
Fund flows (1Y)
‪213.10 M‬USD
Dividend yield (indicated)
3.90%
Discount/Premium to NAV
−0.08%

About First Trust Municipal High Income ETF

Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.70%
Inception date
Nov 1, 2017
Index tracked
No Underlying Index
Management style
Active
ISIN
US33739P3010
FMHI is an actively managed fund that seeks tax-exempt income by focusing on municipal bonds, with capital appreciation as a secondary goal. The fund allows for a wide amount of variety within the municipal spaceit may invest in securities of any duration or maturity. FMHI must invest at least 50% of assets in securities that, at the time of investment, are rated below investment grade. It is worth noting that up to 10% of FMHIs assets may be invested in bonds currently in default and not expected to pay the current coupon (distressed municipal securities).

Classification

Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal97.75%
Cash1.88%
Corporate0.37%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy