First Trust Flexible Muncpl Hgh Inc ETF (MFLX)
17.06
+0.06
(+0.32%)
USD |
NASDAQ |
Mar 15, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.88% | -0.06% | 17.07M | 2142.17 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
3.61% | 27.00% | 4.156M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide current income. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal debt securities are generally issued by or on behalf of states, territories or possessions of the United States and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
Bloomberg Municipal Long 22+ Yr TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
Ken Fincher | 7.43 yrs |
Johnathan Wilhelm | 1.88 yrs |
Thomas Byron | 1.88 yrs |
Performance Versus Category
As of March 15, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 15, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide current income. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal debt securities are generally issued by or on behalf of states, territories or possessions of the United States and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Municipal Bond |
Broad Category | Fixed Income |
Category Name | Muni National Long |
Category Index | Bloomberg Municipal TR USD |
Global Category Name | US Municipal Fixed Income |
YCharts Categorization | US Municipal Bond |
YCharts Benchmark | Bloomberg Municipal Bond (^BBMBTR) |
Prospectus Objective | Income |
Fund Owner Firm Name | First Trust Advisors L.P. |
Prospectus Benchmark Index | |
Bloomberg Municipal Long 22+ Yr TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBMBTR | 100.0% |
Manager Tenure | |
Ken Fincher | 7.43 yrs |
Johnathan Wilhelm | 1.88 yrs |
Thomas Byron | 1.88 yrs |