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 January 2021
Asset Under Management 140.71 Million (USD)
1 Month Total Return 1.49 %
Year To Date Return 0.78 %
1 Year Total Return 3.56 %
3 Year Annualized Total Return 5.82 %
NAV 54.12
Share Outstanding 2,600,000
Top 10 Holdings (14 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Derivatives offset OTHR 0.0423034599
BUCKEYE OH TOBACCO SETTLEMENT 5% due 06/01/2055 BOND 0.0288576906
ILLINOIS ST 5% due 11/01/2029 BOND 0.0168091745
TSASC INC NY 5% due 06/01/2045 BOND 0.0155168874
BERKS CNTY PA MUNI AUTH UNIV REV 5% due 10/01/2039 BOND 0.0133817852
PUERTO RICO SALES TAX FING CORP 4.50% due 07/01/2034 BOND 0.0122642700
HARBOR POINT CT INFRASTRUCTURE IMPT DIST 5% due 04/01/2039 BOND 0.0120007994
STHRN OH PORT EXEMPT FAC REVENUE 7% due 12/01/2042 BOND 0.0114625372
POLK CNTY FL INDL DEV AUTH 5.875% due 01/01/2033 BOND 0.0114049123
FLORIDA DEV FIN CORP SURFACE TRANS FAC 7.375% due 01/01/2049 BOND 0.0103284953