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 09/20/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMHI -0.23% 0.86% 6.29% 10.67% 6.89% -- --
FMHI (NAV) -0.16% 0.88% 6.30% 10.61% 7.06% -- --
No Underlying Index -- -- -- -- -- -- --
Barclays Municipal Bond -0.04% 0.46% 1.56% 3.38% 5.39% 3.45% 3.96%
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%
$304.35M
$1.85M
0.05%

FMHI Portfolio Data

7.19
--
3.03%
N/A
322

FMHI Index Data

No Underlying Index
Proprietary
Proprietary
Barclays Municipal Bond

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 09/21/21
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

32,719
$1.85M
30,419
$1.73M
0.05%
$0.03
0.05%
0.75% / -0.35%
None
100.00%
50,000
0.61
0.02%
--
0
$56.35
N/A

FMHI Sector/Industry Breakdown


FMHI
Segment Benchmark
80.76%
--
12.56%
--
6.67%
--

FMHI Top 10 Holdings[View All]

2.75%
2.34%
2.12%
1.11%
1.06%
1.02%
1.00%
1.00%
0.94%
0.90%
14.24%

FMHI Top 5 Countries


FMHI
Segment Benchmark
100.00%
--

FMHI Top 5 Currencies


FMHI
Segment Benchmark
100.00%
--

FMHI Performance Statistics

0.56
0.85
--
--
--

FMHI Holdings Statistics

10.27 years
7.19
3.03%
7.19
Low
322
1.45%

FMHI Avg Life Maturity Distribution

7.10%
1.18%
1.82%
12.70%
15.60%
35.36%
4.69%
7.71%
13.83%

FMHI OAS Breakdown

36.37%
39.76%
18.22%
4.45%
0.98%
0.21%
--
--
--
--
--