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 26 October 2020
Asset Under Management 119.03 Million (USD)
1 Month Total Return 0.19 %
Year To Date Return -0.41 %
1 Year Total Return 0.55 %
3 Year Annualized Total Return
NAV 51.75
Share Outstanding 2,300,000
Top 10 Holdings (26 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
BUCKEYE OH TOBACCO SETTLEMENT 5% due 06/01/2055 BOND 0.0287069650
TSASC INC NY 5% due 06/01/2045 BOND 0.0185702831
ILLINOIS ST 5% due 11/01/2029 BOND 0.0184447402
BERKS CNTY PA MUNI AUTH UNIV REV 5% due 10/01/2039 BOND 0.0158696962
PUERTO RICO SALES TAX FING CORP 4.50% due 07/01/2034 BOND 0.0146136568
HARBOR POINT CT INFRASTRUCTURE IMPT DIST 5% due 04/01/2039 BOND 0.0143827165
STHRN OH PORT EXEMPT FAC REVENUE 7% due 12/01/2042 BOND 0.0134473632
POLK CNTY FL INDL DEV AUTH 5.875% due 01/01/2033 BOND 0.0134390489
OREGON ST FACS AUTH REVENUE 5% due 10/01/2040 BOND 0.0124742203
ANDERSON IN MF REVENUE 5.375% due 01/01/2040 BOND 0.0123719469