S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
Is Gold Really Boring? (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
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%
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 Price History

FMHI ETF News Headlines

The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
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
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
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

Beta
0.22
Creation Unit
50,000
Creation Fee
$500.00
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

First Trust Municipal High Income ETF Expenses

TypeFMHIBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.70%0.33%0.31%0.47%0.50%
Other Expenses0.00%0.41%0.27%0.29%0.57%
Total Expense0.70%0.43%0.39%0.56%0.69%
Fee Waiver0.00%-0.22%-0.25%-0.22%-0.59%
Net Expense0.70%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














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

My Account -