FMHI First Trust Municipal High Income ETF

*Unless otherwise stated, data provided by FactSet.

FMHI Fund Description

FMHI is an actively managed fund that holds a broad range of US municipal bonds.

FMHI Factset Analytics Insight

FMHI is an actively managed fund that seeks tax-exempt income by focusing on municipal bonds, with capital appreciation as a secondary goal. The fund allows for a wide amount of variety within the municipal space—it may invest in securities of any duration or maturity. FMHI must invest at least 50% of assets in securities that, at the time of investment, are rated below investment grade. It is worth noting that up to 10% of FMHI’s assets may be invested in bonds currently in default and not expected to pay the current coupon (distressed municipal securities).

PERFORMANCE [as of 10/05/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMHI -- -- -- -- -- -- --
FMHI (NAV) -3.15% -3.09% -15.90% -14.75% -1.69% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Municipal Bond Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMHI Summary Data

First Trust
11/01/17
Open-Ended Fund
0.55%
$308.03M
$3.18M
0.18%

FMHI Portfolio Data

7.31
--
4.81%
N/A
--

FMHI Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Municipal Bond Index

FMHI Portfolio Management

0.55%
--
--
--

FMHI Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FMHI Fund Structure

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

FMHI Factset Analytics Block Liquidity

As of 10/06/22
5
4
3
2
1

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

FMHI Tradability

68,269
$3.18M
49,189
$2.37M
0.18%
$0.08
0.00%
0.75% / -0.45%
None
100.00%
50,000
0.98
0.02%
--
0
$46.03
N/A

FMHI Sector/Industry Breakdown


FMHI
Segment Benchmark
82.84%
--
5.20%
--
2.97%
--
2.56%
--
2.49%
--
1.93%
--
0.65%
--
0.65%
--
0.54%
--
0.16%
--

FMHI Top 10 Holdings[View All]

4.09%
1.27%
1.14%
1.11%
1.09%
1.09%
1.03%
0.95%
0.87%
0.86%
13.50%

FMHI Top 5 Countries


FMHI
Segment Benchmark
100.00%
--

FMHI Top 5 Currencies


FMHI
Segment Benchmark
100.00%
--

FMHI Performance Statistics

0.84
1.22
--
--
--

FMHI Holdings Statistics

14.15 years
7.31
4.81%
7.41
--
--
--

FMHI Avg Life Maturity Distribution

6.71%
1.50%
3.77%
6.81%
10.08%
4.46%
19.01%
21.56%
26.09%

FMHI OAS Breakdown

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--
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--
--
--
--
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