FMHIFirst Trust Municipal High Income ETF(Exchange Traded Fund )
XTF Rating* 0.6
Price:$48.86 0.765(1.59%)
52 Week:$42.51 - $55.26
Volume: 33,756
Avg Daily Volume: 17,595
Market Cap: $95,160,097 Avg Trade Size: 265 shares
Fund Turnover: 105 days 4/9/2020 3:52:54 PM
Similar ETFs to FMHI: HYD, HYMB, MAAX, SNLN, PHB

First Trust Municipal High Income ETF is an exchange-traded fund incorporated in the USA. First Trust Municipal High Income ETF is an actively managed exchange-traded fund incorporated in the USA.. The Fund's primary investment objective will be to seek to provide federally tax-exempt income, and its secondary objective will be long term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes (collectively, "Municipal Securities").

Inception Date: 11/1/2017Geography: US  Asset Class: Fixed Income
Primary Exchange: NASDAQ Stock MarketInvestment Philosophy: Actively ManagedDebt Issuer: Government Debt
Issuer: First Trust Advisors LPBenchmark: Bloomberg Barclays Municipal Custom High Yield Composite IndexCredit Grade: High Yield
Index Provider: Actively ManagedIndex Composition: Cap-WeightedMaturity: Various Maturities

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
FMHI Structural Integrity ranks in the 13th percentile (among all 403 Fixed Income ETFs over past 6 months).
as of 2/28/2020 Value  Rank (%)
Expense Ratio 0.55% 
 16.4%
Average Bid Ask Ratio Premium Content 
 32.3%
Tracking Error Premium Content 
 49.1%
Concentration Risk Premium Content 
 72.5%
Market Impact Premium Content 
 36%
Efficiency Premium Content 
 20.7%
Cap Gains Dist Premium Content 
 100%
     
as of 4/9/2020  
Avg Number of Components   (range) 189   (1-208)
Legal Structure Open-End Investment Company 
Annual Yield 3.58%
Last Dividend PaidDate 0.14, 3/26/2020   See Distributions
Options / Futures Available N  /  N 
Short Interest / Days to Cover N.A. /  N.A.
Net Asset Value $94,219,670 
Premium (Discount) 1% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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