S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: The truth about war with China (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: The truth about war with China (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: The truth about war with China (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
BREAKING: The truth about war with China (Ad)
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
WARNING TO ALL U.S. INVESTORS (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
NASDAQ:FMHI

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

$46.35
+0.02 (+0.04%)
(As of 05/26/2023 08:47 PM ET)
Compare
Today's Range
$46.24
▼
$46.40
50-Day Range
$46.07
▼
$47.04
52-Week Range
$44.09
▼
$49.49
Volume
25,100 shs
Average Volume
81,607 shs
Market Capitalization
$342.99 million
Assets Under Management
$351.34 million
Dividend Yield
3.75%
Net Expense Ratio
0.70%
ProfileChartDividendHeadlinesHoldingsShort 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.

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.

FMHI ETF News Headlines

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
May 29, 2023 | Stocks To Trade (Ad)
Free A.I. Trade Alerts. Up to 15 opportunities a day.
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
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
February 22, 2022 | seekingalpha.com
First Trust Municipal High Income ETF declares monthly distribution of $0.1300
May 20, 2021 | nasdaq.com
Municipal High-Income ETF (FMHI) Hits New 52-Week High
May 13, 2021 | nasdaq.com
First Trust Launches New High Income ETF, ‘FMNY’
May 29, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
April 10, 2021 | usatoday.com
State Farm Stadium COVID-19 vaccination site shifts to overnights only as temperatures rise
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
362

Fund Statistics

Assets Under Management
$351.34 million
Average Daily Volume
$86,189.40
Discount/Premium
1.66%

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
73,700 shs

Miscellaneous

Outstanding Shares
7,400,000
Beta
0.22
Creation Unit
50,000
Creation Fee
$500.00


First Trust Municipal High Income ETF Expenses

TypeFMHIBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.70%0.39%0.29%0.45%0.49%
Other Expenses0.00%0.37%0.22%0.28%0.51%
Total Expense0.70%0.46%0.35%0.54%0.66%
Fee Waiver0.00%-0.18%-0.22%-0.21%-0.53%
Net Expense0.70%0.43%0.32%0.50%0.55%

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

Top 10 FMHI Holdings

  • Us Dollars
    Holding Weight: 4.93%
  • Us Dollars
    Holding Weight: 2.62%
  • BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
    Holding Weight: 1.70%
  • BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
    Holding Weight: 1.63%
  • MEADE CNTY KY INDL BLDG REV 4.2%
    Holding Weight: 1.53%
  • MEADE CNTY KY INDL BLDG REV 4.8%
    Holding Weight: 1.52%
  • CHICAGO ILL BRD ED 5%
    Holding Weight: 1.14%
  • CHICAGO ILL BRD ED 5%
    Holding Weight: 1.13%
  • ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45%
    Holding Weight: 0.92%
  • ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45%
    Holding Weight: 0.91%

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 at the beginning of 2023. Since then, FMHI stock has increased by 0.1% and is now trading at $46.35.
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 increase in short interest in the month of May. As of May 15th, there was short interest totaling 73,700 shares, an increase of 62.0% from the April 30th total of 45,500 shares. Based on an average daily trading volume, of 76,300 shares, the days-to-cover ratio is presently 1.0 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, May 22nd. Shareholders of record on Wednesday, May 24th will be paid a dividend of $0.1525 per share on Wednesday, May 31st. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date is Tuesday, May 23rd.
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 $351.34 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 Bank of America Corp DE (7.60%), LPL Financial LLC (6.93%), Raymond James Financial Services Advisors Inc. (4.22%), Citigroup Inc. (3.91%), RFG Advisory LLC (3.66%) and Rockland Trust Co. (2.85%).

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 $46.35.

How much money does First Trust Municipal High Income ETF make?

First Trust Municipal High Income ETF (NASDAQ:FMHI) has a market capitalization of $342.99 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 5/29/2023 by MarketBeat.com Staff

My Account -