FMHI : First Trust Municipal High Income ETF

FMHI is a Bond Market Municipal Bond with MODERATE fees.

FMHI

First Trust Municipal High Income ETF

FI Score

47 /100

Expense Ratio Rating

8 /10

Expense Rating

5 /10

Market Score

2 /10

Category Score

8 /10

Market Size

2 /10

47% FI Score
  • fmhi
  • ETF
  • Bond
  • Municipal Bond

First Trust Municipal High Income ETF

Expenses: 0.55% (Better than 1% of similar funds)

This is a bad choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide federally tax-exempt income, and its 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. The fund is non-diversified.

Largest Holdings

Amount Holding
5.96% Ultra 10 Year US Treasury Note Future Sept 20
2.82% BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
2.17% ILLINOIS ST 5%
1.96% BERKS CNTY PA MUN AUTH UNIV REV 5%
1.76% PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5%
1.73% HARBOR POINT INFRASTRUCTURE IMPT DIST CONN SPL OBLIG REV 5%
1.55% GODDARD KANS SALES TAX SPL OBLIG REV 3.6%
1.50% MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5.25%
1.40% METROPOLITAN TRANSN AUTH N Y REV 4%
1.39% ARIZONA INDL DEV AUTH ED REV 4%

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