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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.65% -0.07% 1.933B 137514.1
Weighted Average Dividend Yield Turnover Ratio (Generic) 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- 29.00% -141.94M Upgrade

Basic Info

Investment Strategy
The Fund seeks to generate current income exempted from federal taxes with a second objective of long term capital appreciation. The Fund normally invests at least 80% of its net assets in municipal debt securities paying interest exempted from regular federal taxes. It may invest in municipal securities of any maturity.
General
Security Type Exchange-Traded Fund
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal
Peer Group General & Insured Municipal Debt Funds
Global Macro Bond HC
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General & Insured Municipal Debt Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

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Performance Versus Peer Group

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Peer Group Rtn. (NAV)
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% Rank in Peer Group (NAV)
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
0.89%
8.25%
4.44%
2.43%
-9.91%
6.31%
1.94%
3.22%
1.28%
7.54%
5.21%
1.52%
-8.53%
6.40%
1.05%
4.03%
0.93%
5.59%
5.12%
1.02%
-7.35%
5.56%
1.26%
3.19%
1.03%
7.09%
4.83%
0.67%
-6.63%
6.07%
1.43%
4.34%
2.41%
7.49%
6.17%
1.55%
-7.41%
5.42%
1.46%
4.56%
--
6.95%
6.70%
1.93%
-8.83%
6.22%
0.37%
4.67%
As of December 10, 2025.

Asset Allocation

As of November 30, 2025.
Type % Net
Cash -0.69%
Stock 0.00%
Bond 99.40%
Convertible 0.00%
Preferred 0.00%
Other 1.30%
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Basic Info

Investment Strategy
The Fund seeks to generate current income exempted from federal taxes with a second objective of long term capital appreciation. The Fund normally invests at least 80% of its net assets in municipal debt securities paying interest exempted from regular federal taxes. It may invest in municipal securities of any maturity.
General
Security Type Exchange-Traded Fund
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Global Peer Group Bond USD Municipal
Peer Group General & Insured Municipal Debt Funds
Global Macro Bond HC
US Macro National Municipal Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General & Insured Municipal Debt Funds
Fund Owner Firm Name First Trust
Broad Asset Class Benchmark Index
^BBMBTR 100.0%

View Basic Info
Start Trial

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