FMHI

Fund Description
The First Trust Municipal High Income ETF is an actively managed exchange-traded fund. The Funds 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").
Fund Profile
Fund Name First Trust Municipal High Income ETF
Fund Exchange Ticker FMHI
Fund Sponsor First Trust
Fund ISIN US33739P3010
Net Expense Ratio 0.55 %
Fund Inception Date 1 November 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 57.22 Million (USD)
1 Month Total Return 0.81 %
Year To Date Return 5.90 %
1 Year Total Return 7.68 %
3 Year Annualized Total Return
NAV 52.02
Share Outstanding 1,100,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
IDAHO ST HLTH FACS AUTH REVENUE 5% due 11/15/2032 BOND
ORANGE CNTY FL HLTH FACS AUTH REV 5% due 10/01/2036 BOND
PUBLIC FIN AUTH WI EDUCTNL REV N/C 5% due 06/15/2027 BOND
US 10YR NOTE (CBT)Sep19 BOND
US 10yr Ultra Fut Sep19 BOND
PENNSYLVANIA ST TURNPIKE COMMN 5% due 06/01/2039 BOND
MISSOURI ST HLTH & EDUCTNL FACS AUTH 5% due 02/01/2029 BOND
INDIANA ST FIN AUTH REVENUE GREENCROFT OBLIG GROUP-SER A 5% due 11/15/2023 BOND
ILLINOIS ST FIN AUTH REVENUE N/C 5% due 05/15/2024 BOND
MULTNOMAH CNTY OR HOSP FACS AUTH REV 5% due 12/01/2020 BOND