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NASDAQ:FMHI

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

$48.68
+0.04 (+0.08%)
(As of 07/26/2024 ET)
Today's Range
$48.60
$48.74
50-Day Range
$47.58
$48.83
52-Week Range
$43.88
$49.32
Volume
76,844 shs
Average Volume
62,058 shs
Market Capitalization
$642.58 million
Assets Under Management
$643.69 million
Dividend Yield
3.88%
Net Expense Ratio
0.70%
FMHI stock logo

About First Trust Municipal High Income ETF (NASDAQ:FMHI)

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.

FMHI Stock Price History

FMHI ETF News Headlines

How a $0.25 cent option contract makes my top traders feel
If you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…
First Trust Municipal High Income ETF (FMHI)
How a $0.25 cent option contract makes my top traders feel
If you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust Municipal High Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FMHI
Inception Date
11/1/2017
Fund Manager
Tom Byron, Johnathan Wilhelm
Web
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
523

Fund Statistics

Assets Under Management
$643.69 million
Average Daily Volume
$46,634.90
Discount/Premium
0.06%

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
4,600 shs

Miscellaneous

Beta
0.22
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Municipal High Income ETF Expenses

TypeFMHIBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.70%0.32%0.32%0.48%0.51%
Other Expenses0.00%0.57%0.26%0.39%0.54%
Total Expense0.70%0.46%0.40%0.61%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.32%-0.59%
Net Expense0.70%0.41%0.35%0.54%0.59%

First Trust Municipal High Income ETF (FMHI) Holdings & Exposure

Top 10 FMHI Holdings

  • MEADE CNTY KY INDL BLDG REV 3.75%
    Holding Weight: 1.19%
  • MISSISSIPPI BUSINESS FIN CORP MISS SOLID WASTE DISP REV 3%
    Holding Weight: 1.03%
  • BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
    Holding Weight: 0.90%
  • Cash
    Holding Weight: 0.74%
  • PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%
    Holding Weight: 0.70%
  • BURKE CNTY GA DEV AUTH POLLUTN CTL REV 3%
    Holding Weight: 0.69%
  • BLACK DESERT PUB INFRASTRUCTURE DIST UTAH SPL ASSMT 5.625%
    Holding Weight: 0.65%
  • SPRING VY CMNTY INFRASTRUCTURE DIST NO 1 IDAHO SPL ASSMT 6.25%
    Holding Weight: 0.65%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%
    Holding Weight: 0.61%
  • TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5%
    Holding Weight: 0.61%

FMHI Sector Exposure

FMHI Industry Exposure


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 2.1% and is now trading at $48.68.
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 (11.12%), Raymond James Financial Services Advisors Inc. (1.78%), Financial Partners Group Inc (1.66%) and Atlas Private Wealth Advisors (1.23%).

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.
Compare Top Brokerages Here.

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), BT Group (BT), Boardwalk Real Estate Investment Trust (BEI.UN), Boeing (BA), Barnes Group (B), Arrow Global Group (ARWGF) and AO World (AOWDF).

This page (NASDAQ:FMHI) was last updated on 7/26/2024 by MarketBeat.com Staff

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