S&P 500   4,561.38 (-0.72%)
DOW   36,186.04 (-0.16%)
QQQ   385.30 (-1.19%)
AAPL   189.08 (-1.13%)
MSFT   368.23 (-1.68%)
META   318.24 (-2.03%)
GOOGL   128.78 (-2.34%)
AMZN   144.38 (-1.80%)
TSLA   236.80 (-0.85%)
NVDA   452.71 (-3.19%)
NIO   7.31 (+2.24%)
BABA   73.02 (-1.31%)
AMD   118.37 (-2.49%)
T   16.57 (-1.13%)
F   10.69 (+1.04%)
MU   74.12 (-2.38%)
CGC   0.75 (+22.02%)
GE   121.67 (-0.68%)
DIS   92.01 (-0.62%)
AMC   7.38 (+7.58%)
PFE   29.35 (+1.52%)
PYPL   59.98 (+0.55%)
XOM   102.67 (-0.31%)
S&P 500   4,561.38 (-0.72%)
DOW   36,186.04 (-0.16%)
QQQ   385.30 (-1.19%)
AAPL   189.08 (-1.13%)
MSFT   368.23 (-1.68%)
META   318.24 (-2.03%)
GOOGL   128.78 (-2.34%)
AMZN   144.38 (-1.80%)
TSLA   236.80 (-0.85%)
NVDA   452.71 (-3.19%)
NIO   7.31 (+2.24%)
BABA   73.02 (-1.31%)
AMD   118.37 (-2.49%)
T   16.57 (-1.13%)
F   10.69 (+1.04%)
MU   74.12 (-2.38%)
CGC   0.75 (+22.02%)
GE   121.67 (-0.68%)
DIS   92.01 (-0.62%)
AMC   7.38 (+7.58%)
PFE   29.35 (+1.52%)
PYPL   59.98 (+0.55%)
XOM   102.67 (-0.31%)
S&P 500   4,561.38 (-0.72%)
DOW   36,186.04 (-0.16%)
QQQ   385.30 (-1.19%)
AAPL   189.08 (-1.13%)
MSFT   368.23 (-1.68%)
META   318.24 (-2.03%)
GOOGL   128.78 (-2.34%)
AMZN   144.38 (-1.80%)
TSLA   236.80 (-0.85%)
NVDA   452.71 (-3.19%)
NIO   7.31 (+2.24%)
BABA   73.02 (-1.31%)
AMD   118.37 (-2.49%)
T   16.57 (-1.13%)
F   10.69 (+1.04%)
MU   74.12 (-2.38%)
CGC   0.75 (+22.02%)
GE   121.67 (-0.68%)
DIS   92.01 (-0.62%)
AMC   7.38 (+7.58%)
PFE   29.35 (+1.52%)
PYPL   59.98 (+0.55%)
XOM   102.67 (-0.31%)
S&P 500   4,561.38 (-0.72%)
DOW   36,186.04 (-0.16%)
QQQ   385.30 (-1.19%)
AAPL   189.08 (-1.13%)
MSFT   368.23 (-1.68%)
META   318.24 (-2.03%)
GOOGL   128.78 (-2.34%)
AMZN   144.38 (-1.80%)
TSLA   236.80 (-0.85%)
NVDA   452.71 (-3.19%)
NIO   7.31 (+2.24%)
BABA   73.02 (-1.31%)
AMD   118.37 (-2.49%)
T   16.57 (-1.13%)
F   10.69 (+1.04%)
MU   74.12 (-2.38%)
CGC   0.75 (+22.02%)
GE   121.67 (-0.68%)
DIS   92.01 (-0.62%)
AMC   7.38 (+7.58%)
PFE   29.35 (+1.52%)
PYPL   59.98 (+0.55%)
XOM   102.67 (-0.31%)

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

$46.46
-0.21 (-0.45%)
(As of 02:56 PM ET)
Compare
Today's Range
$46.40
▼
$46.68
50-Day Range
$43.98
▼
$46.67
52-Week Range
$43.88
▼
$48.08
Volume
124,362 shs
Average Volume
86,412 shs
Market Capitalization
$476.22 million
Assets Under Management
$495.44 million
Dividend Yield
3.96%
Net Expense Ratio
0.70%
Stock AnalysisChartDividendHeadlinesHoldingsOwnershipShort InterestSocial Media
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

October 27, 2023 | msn.com
First Trust California Municipal High Income ETF declares $0.1145 dividend
October 4, 2023 | finance.yahoo.com
Time to Buy Muni Bond ETFs?
December 4, 2023 | Edge On The Street (Ad)
Is This The Most Overlooked Gold Investment Strategy of 2024?
There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.
September 20, 2023 | money.usnews.com
First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF
August 25, 2023 | msn.com
First Trust Short Duration Managed Municipal ETF declares monthly distribution of $0.0420
August 17, 2023 | thestreet.com
The First Trust Combined Series 579: Tax Exempt Municipal Income Trust Series 3
February 24, 2023 | msn.com
First Trust Municipal High Income ETF declares monthly distribution of $0.1525
July 24, 2022 | seekingalpha.com
First Trust Municipal High Income ETF declares $0.1325 dividend
December 4, 2023 | Edge On The Street (Ad)
Is This The Most Overlooked Gold Investment Strategy of 2024?
There is little debate on the potential of gold in the next year and decade. The real issue becomes - what's the best gold investment strategy today? Some investors are opting for a unique "royalty" alternative that outshines other options like holding gold bullion or investing in volatile mining stocks.
June 24, 2022 | seekingalpha.com
First Trust High Income Strategic Focus ETF declares monthly distribution of $0.1370
See More Headlines
Receive FMHI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Trust Municipal High Income ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
First Trust
Fund Name
First Trust Municipal High Income ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NASDAQ
Current Symbol
NASDAQ:FMHI
Inception Date
11/1/2017
Fund Manager
Tom Byron, Johnathan Wilhelm
Web
N/A
Phone
14089961010

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
Municipals
Focus
Broad Municipals
Development Level
Developed Markets
Region
North America
Number of Holdings
446

Fund Statistics

Assets Under Management
$495.44 million
Average Daily Volume
$169,067.80
Discount/Premium
-0.13%

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
Old Mission

Options

Optionable
N/A
Short Interest
20,200 shs

Miscellaneous

Outstanding Shares
10,250,000
Beta
0.22
Creation Unit
50,000
Creation Fee
$500.00
Beginner's Guide to Pot Stock Investing Cover
Beginner's Guide to Pot Stock Investing

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

First Trust Municipal High Income ETF Expenses

TypeFMHIBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.70%0.33%0.32%0.47%0.50%
Other Expenses0.00%0.47%0.28%0.29%0.57%
Total Expense0.70%0.44%0.40%0.55%0.69%
Fee Waiver0.00%-0.30%-0.25%-0.21%-0.57%
Net Expense0.70%0.37%0.35%0.51%0.57%

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

Top 10 FMHI Holdings

  • BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
    Holding Weight: 1.57%
  • MEADE CNTY KY INDL BLDG REV 3%
    Holding Weight: 1.49%
  • Us Dollars
    Holding Weight: 1.07%
  • BURKE CNTY GA DEV AUTH POLLUTN CTL REV 2.65%
    Holding Weight: 1.06%
  • CHICAGO ILL BRD ED 5%
    Holding Weight: 0.97%
  • IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5%
    Holding Weight: 0.81%
  • MISSISSIPPI BUSINESS FIN CORP MISS SOLID WASTE DISP REV 3%
    Holding Weight: 0.80%
  • NEW YORK N Y CITY INDL DEV AGY REV 3%
    Holding Weight: 0.80%
  • ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45%
    Holding Weight: 0.78%
  • CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5%
    Holding Weight: 0.73%

FMHI Sector Exposure

FMHI Industry Exposure

Full Holdings Details














FMHI ETF - Frequently Asked Questions

How have FMHI shares performed in 2023?

First Trust Municipal High Income ETF's stock was trading at $46.29 on January 1st, 2023. Since then, FMHI stock has increased by 0.4% and is now trading at $46.46.
View the best growth stocks for 2023 here.

Are investors shorting First Trust Municipal High Income ETF?

First Trust Municipal High Income ETF saw a decline in short interest in November. As of November 15th, there was short interest totaling 20,200 shares, a decline of 78.3% from the October 31st total of 93,000 shares. Based on an average daily volume of 119,300 shares, the short-interest ratio is currently 0.2 days.
View First Trust Municipal High Income ETF's Short Interest.

How often does First Trust Municipal High Income ETF pay dividends? What is the dividend yield for First Trust Municipal High Income ETF?

First Trust Municipal High Income ETF announced a monthly dividend on Monday, November 20th. Investors of record on Wednesday, November 22nd will be given a dividend of $0.1575 per share on Thursday, November 30th. This represents a $1.89 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date is Tuesday, November 21st.
Read our dividend analysis for FMHI.

What does FMHI invest in?

First Trust Municipal High Income ETF is a fixed income fund issued by First Trust. FMHI focuses on broad municipals investments. The fund's investments total to approximately $495.44 million assets under management.

What is the management fee for First Trust Municipal High Income ETF?

First Trust Municipal High Income ETF's management fee is 0.70% and has no other recorded expenses or fee waivers. The net expense ratio for FMHI is 0.70%.

What other stocks do shareholders of First Trust Municipal High Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Municipal High Income ETF investors own include Berkshire Hathaway (BRK.B), BT Group (BT), Boardwalk REIT (BEI.UN), Boeing (BA), Barnes Group (B), Arrow Global Group (ARWGF), AO World (AOWDF), Abercrombie & Fitch (ANF), Align Technology (ALGN) and Adobe (ADBE).

Who are First Trust Municipal High Income ETF's major shareholders?

First Trust Municipal High Income ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LPL Financial LLC (5.15%), Morgan Stanley (3.80%), Citigroup Inc. (3.11%), Raymond James Financial Services Advisors Inc. (2.83%), RFG Advisory LLC (2.34%) and UBS Group AG (1.72%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:FMHI) was last updated on 12/4/2023 by MarketBeat.com Staff

My Account -