NASDAQ:FMHI

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

$45.27

-0.11 (-0.24%)

(As of 09/26/2023 ET)

Compare

Today's Range: $45.05
▼
$45.39
50-Day Range: $45.27
▼
$47.47
52-Week Range: $44.09
▼
$48.08

Volume: 109,202 shs
Average Volume: 69,745 shs
Market Capitalization: $389.32 million

Assets Under Management: $406.49 million
Dividend Yield: 4.02%
Net Expense Ratio: 0.70%

Profile Chart Dividend Headlines Holdings Short Interest Social Media

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 Price History

30 days | 90 days | 365 days | Advanced Chart

FMHI ETF News Headlines

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

September 27, 2023 | Wall Street Fundamentals (Ad)

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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

June 24, 2022 | seekingalpha.com

First Trust High Income Strategic Focus ETF declares monthly distribution of $0.1370

June 24, 2022 | seekingalpha.com

First Trust California Municipal High Income ETF declares monthly distribution of $0.0925

September 27, 2023 | Edge On The Street (Ad)

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February 22, 2022 | seekingalpha.com

First Trust Municipal High Income ETF declares monthly distribution of $0.1300

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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: 407

Fund Statistics

Assets Under Management: $406.49 million
Average Daily Volume: $86,189.40
Discount/Premium: -0.04%

Administrator, Advisor and Custodian

Administrator: Brown Brothers Harriman & Co.
Advisor: First Trust Advisors L.P.
Custodian: Brown Brothers Harriman & Co.
Distributor: First Trust Portfolios L.P.
Transfer Agent: Brown Brothers Harriman & Co.
Trustee: N/A
Lead Market Maker: Credit Suisse

Options

Optionable: N/A
Short Interest: 207,700 shs

Miscellaneous

Outstanding Shares: 8,600,000
Beta: 0.22
Creation Unit: 50,000
Creation Fee: $500.00

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First Trust Municipal High Income ETF Expenses

Type	FMHI	Broad Municipals ETFs	Fixed Income ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.70%	0.33%	0.31%	0.47%	0.50%
Other Expenses	0.00%	0.41%	0.27%	0.29%	0.57%
Total Expense	0.70%	0.43%	0.39%	0.56%	0.69%
Fee Waiver	0.00%	-0.22%	-0.25%	-0.22%	-0.59%
Net Expense	0.70%	0.37%	0.34%	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

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Institutional Ownership

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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 at the beginning of 2023. Since then, FMHI shares have decreased by 2.2% and is now trading at $45.27.
View the best growth stocks for 2023 here.
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 Thursday, September 21st. Investors of record on Monday, September 25th will be paid a dividend of $0.1575 per share on Friday, September 29th. This represents a $1.89 annualized dividend and a yield of 4.17%. The ex-dividend date is Friday, September 22nd.
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 $406.49 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).
What is First Trust Municipal High Income ETF's stock symbol?: First Trust Municipal High Income ETF trades on the NASDAQ under the ticker symbol "FMHI."

Who are First Trust Municipal High Income ETF's major shareholders?: First Trust Municipal High Income ETF's stock is owned by many different institutional and retail investors. Top institutional investors include LPL Financial LLC (5.79%), Citigroup Inc. (3.74%), Raymond James Financial Services Advisors Inc. (3.57%), RFG Advisory LLC (3.17%), Rockland Trust Co. (2.30%) and Manhattan West Asset Management LLC (1.59%).
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.
What is First Trust Municipal High Income ETF's stock price today?: One share of FMHI stock can currently be purchased for approximately $45.27.
How much money does First Trust Municipal High Income ETF make?: First Trust Municipal High Income ETF (NASDAQ:FMHI) has a market capitalization of $389.32 million.
How many employees does First Trust Municipal High Income ETF have?: The company employs 147,000 workers across the globe.
How can I contact First Trust Municipal High Income ETF?: The company can be reached via phone at 14089961010.

This page (NASDAQ:FMHI) was last updated on 9/27/2023 by MarketBeat.com Staff

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