FCAL

First Trust California Municipal High Income ETF
*Unless otherwise stated, data provided by FactSet.

FCAL Fund Description

FCAL is an actively managed fund that targets fixed income securities of various maturities and credit ratings, with interest income that is exempted from federal and California state income tax.

FCAL Factset Analytics Insight

FCAL utilizes an active approach to a niche pocket of the municipal bond space. The fund targets municipal securities with interest income that is exempted from federal and California state income tax. The fund generally will hold muni bonds issued by the state of California and its political subdivisions. FCAL has a long leash, it can hold investment-grade, high-yield, and distressed securities. The fund will keep its weighted average maturity under 14 years. Overall, FCAL might appeal to investors in California who are looking for tax-exempted income and are willing to pay a premium for active management.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FCAL -0.14% 0.43% 2.68% 5.38% 5.48% -- --
FCAL (NAV) -0.30% 0.40% 2.49% 5.04% 5.54% -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FCAL Summary Data

First Trust
06/20/17
Open-Ended Fund
0.50%
$115.57M
$418.39K
0.21%
CMF, PWZ

FCAL Portfolio Data

6.10
--
2.56%
N/A
233

FCAL Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FCAL Portfolio Management

0.50%
--
--
--

FCAL Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FCAL Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FCAL Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FCAL. FCAL is rated a N/A out of 5.

FCAL Tradability

7,574
$418.39K
5,276
$291.67K
0.21%
$0.12
0.01%
0.54% / -0.36%
None
100.00%
50,000
0.11
0.02%
--
0
$54.87
N/A

FCAL Sector/Industry Breakdown


FCAL
Segment Benchmark
89.46%
--
9.85%
--
0.70%
--

FCAL Top 10 Holdings[View All]

7.73%
1.99%
1.61%
1.47%
1.45%
1.20%
1.16%
1.07%
1.07%
1.06%
19.82%

FCAL Top 5 Countries


FCAL
Segment Benchmark
100.00%
--

FCAL Top 5 Currencies


FCAL
Segment Benchmark
100.00%
--

FCAL Performance Statistics

--
--
--
--
--

FCAL Holdings Statistics

7.04 years
6.10
2.56%
6.10
Medium
233
0.87%

FCAL Avg Life Maturity Distribution

7.53%
1.77%
1.41%
17.36%
29.23%
33.87%
3.20%
2.39%
3.24%

FCAL OAS Breakdown

64.52%
31.96%
2.73%
0.27%
0.52%
--
--
--
--
--
--