MCEF : First Trust Municipal CEF Income Opportunity ETF

MCEF is a Bond Market Municipal Bond with HIGH fees.

MCEF

First Trust Municipal CEF Income Opportunity ETF

FI Score

10 /100

Expense Ratio Rating

0 /10

Expense Rating

0 /10

Market Score

0 /10

Category Score

8 /10

Market Size

0 /10

10% FI Score
  • mcef
  • ETF
  • Bond
  • Municipal Bond

First Trust Municipal CEF Income Opportunity ETF

Expenses: 2.59% (Better than 0% of similar funds)

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

Fund Summary

The investment seeks to provide current income. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of closed-end investment companies that are listed and traded in the United States on registered exchanges which invest primarily in municipal debt securities, some or all of which pay interest that is exempt from regular federal income taxes. It may also invest in exchange-traded funds (ETFs). The fund is non-diversified.

Largest Holdings

Amount Holding
5.18% Nuveen AMT-Free Quality Municipal Income Fund
4.94% Nuveen AMT-Free Municipal Credit Income Fund
4.77% Blackrock Municipal 2030 Target Term Trust
4.64% Nuveen Quality Municipal Income Fund
4.15% Nuveen Municipal Value Fund, Inc
3.96% BlackRock Muni Intermediate Duration Fund, Inc
3.81% Invesco Quality Municipal Income Trust
3.73% BlackRock MuniYield Quality Fund III, Inc
3.44% Nuveen Enhanced Municipal Value Fund
3.33% Western Asset Municipal Partners Fund Inc

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