First Trust California Muni Hi Inc ETF (FCAL)
49.04
-0.07
(-0.14%)
USD |
NASDAQ |
Apr 25, 16:00
49.02
-0.02
(-0.04%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.65% | 0.12% | 216.04M | 31758.20 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.85% | 54.00% | 98.75M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide current income that is exempt from regular federal income taxes and California income taxes, and its secondary objective is long-term capital appreciation. 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 and California income taxes. It will invest no more than 50% of its net assets in Municipal Securities that are, at the time of investment, not investment grade, commonly referred to as "high yield" or "junk" bonds. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni California Long |
Category Index | Bloomberg Municipal California Exempt TR |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
Bloomberg 10 Y California Exempt TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
Johnathan Wilhelm | 6.78 yrs |
Thomas Byron | 2.03 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide current income that is exempt from regular federal income taxes and California income taxes, and its secondary objective is long-term capital appreciation. 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 and California income taxes. It will invest no more than 50% of its net assets in Municipal Securities that are, at the time of investment, not investment grade, commonly referred to as "high yield" or "junk" bonds. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni California Long |
Category Index | Bloomberg Municipal California Exempt TR |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Municipal Bond - National |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
Bloomberg 10 Y California Exempt TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
Johnathan Wilhelm | 6.78 yrs |
Thomas Byron | 2.03 yrs |