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NASDAQ:FCAL

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

$49.71
+0.05 (+0.10%)
(As of 06/14/2024 ET)
Today's Range
$49.58
$49.77
50-Day Range
$48.79
$49.71
52-Week Range
$46.30
$51.97
Volume
2,514 shs
Average Volume
27,321 shs
Market Capitalization
$218.72 million
Assets Under Management
$228.21 million
Dividend Yield
2.82%
Net Expense Ratio
0.65%
FCAL stock logo

About First Trust California Municipal High Income ETF (NASDAQ:FCAL)

First California Financial Group, Inc. is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank’s operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California. Its lending products include revolving lines of credit, term loans, commercial real estate loans, construction loans and consumer and home equity loans. In April 8, 2011, the Bank acquired the Electronic Payment Solutions division of Palm Desert National Bank. On February 18, 2011, the Bank acquired substantially all of the operations of San Luis Trust Bank.

FCAL Stock Price History

FCAL ETF News Headlines

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Fund Details

Issuer
First Trust
Fund Name
First Trust California Municipal High Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:FCAL
Inception Date
6/20/2017
Fund Manager
Tom Byron, Johnathan Wilhelm
Web
N/A
Phone
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
289

Fund Statistics

Assets Under Management
$228.21 million
Average Daily Volume
$25,034.00
Discount/Premium
0.05%

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
GTS

Options

Optionable
N/A
Short Interest
70,000 shs

Miscellaneous

Beta
0.15
Creation Unit
50,000
Creation Fee
$500.00
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First Trust California Municipal High Income ETF Expenses

TypeFCALBroad Municipals ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.65%0.32%0.32%0.47%0.51%
Other Expenses0.00%0.57%0.26%0.39%0.54%
Total Expense0.65%0.46%0.40%0.60%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.32%-0.60%
Net Expense0.65%0.41%0.35%0.54%0.58%

First Trust California Municipal High Income ETF (FCAL) Holdings & Exposure

Top 10 FCAL Holdings

  • Cash
    Holding Weight: 2.20%
  • IRVINE CALIF SPL TAX 5.25%
    Holding Weight: 1.47%
  • SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
    Holding Weight: 1.38%
  • IRVINE CALIF FACS FING AUTH LEASE REV 5.25%
    Holding Weight: 1.37%
  • CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.95%
    Holding Weight: 1.33%
  • CALIFORNIA ST ENTERPRISE DEV AUTH LEASE REV 5.25%
    Holding Weight: 1.24%
  • SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
    Holding Weight: 1.24%
  • RIVER ISLANDS PUB FING AUTH CALIF SPL TAX 4.5%
    Holding Weight: 1.08%
  • UNIVERSITY CALIF REVS 5%
    Holding Weight: 1.00%
  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%
    Holding Weight: 0.99%

FCAL Sector Exposure

FCAL Industry Exposure


FCAL ETF - Frequently Asked Questions

How have FCAL shares performed in 2024?

First Trust California Municipal High Income ETF's stock was trading at $49.91 at the beginning of the year. Since then, FCAL shares have decreased by 0.4% and is now trading at $49.71.
View the best growth stocks for 2024 here
.

Are investors shorting First Trust California Municipal High Income ETF?

First Trust California Municipal High Income ETF saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 70,000 shares, an increase of 51.2% from the May 15th total of 46,300 shares. Based on an average trading volume of 25,100 shares, the short-interest ratio is currently 2.8 days.
View First Trust California Municipal High Income ETF's Short Interest
.

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

First Trust California Municipal High Income ETF declared a monthly dividend on Monday, May 20th. Investors of record on Wednesday, May 22nd will be given a dividend of $0.121 per share on Friday, May 31st. This represents a $1.45 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Tuesday, May 21st.
Read our dividend analysis for FCAL
.

What does FCAL invest in?

First Trust California Municipal High Income ETF is a fixed income fund issued by First Trust. FCAL focuses on broad municipals investments. The fund's investments total to approximately $228.21 million assets under management.

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

First Trust California Municipal High Income ETF's management fee is 0.65% and has no other recorded expenses or fee waivers. The net expense ratio for FCAL is 0.65%.

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

First Trust California Municipal High Income ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Miracle Mile Advisors LLC (30.23%), Citizens Business Bank (2.04%), Southland Equity Partners LLC (1.28%), Cetera Investment Advisers (0.83%), Catalina Capital Group LLC (0.73%) and Mutual Advisors LLC (0.67%).
View institutional ownership trends
.

How do I buy shares of First Trust California Municipal High Income ETF?

Shares of FCAL 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.

This page (NASDAQ:FCAL) was last updated on 6/16/2024 by MarketBeat.com Staff

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