First Trust Managed Municipal Fund I (CWAIX)
20.37
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.65% | 59.52M | -- | 28.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -16.51M | 1.90% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate current income that is exempt from federal 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 in municipal debt securities paying interest exempted from federal income taxes. |
| General | |
| Security Type | Mutual 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% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
63
-95.69M
Peer Group Low
532.09M
Peer Group High
1 Year
% Rank:
53
-16.51M
-1.649B
Peer Group Low
5.560B
Peer Group High
3 Months
% Rank:
71
-280.38M
Peer Group Low
2.197B
Peer Group High
3 Years
% Rank:
51
-4.975B
Peer Group Low
18.10B
Peer Group High
6 Months
% Rank:
64
-650.32M
Peer Group Low
5.019B
Peer Group High
5 Years
% Rank:
41
-7.233B
Peer Group Low
34.74B
Peer Group High
YTD
% Rank:
52
-1.463B
Peer Group Low
5.771B
Peer Group High
10 Years
% Rank:
59
-7.036B
Peer Group Low
44.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.06% |
| Stock | 0.00% |
| Bond | 98.42% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.52% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
1.53% | -- | -- |
| KERN CALIF CMNTY COLLEGE DIST CA 5.250 08/01/2040 | 1.51% | 112.92 | -0.01% |
| YONKERS N Y NY 5.000 11/15/2039 | 1.49% | 109.89 | -1.24% |
| CONSOLIDATED WYO MUNICIPALTIES ELEC PWR SYS JT PWRS BRD REV WY 5.250 06/01/2040 | 1.49% | -- | -- |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV PA 5.500 06/30/2037 | 1.48% | 107.62 | -0.01% |
| PORT PORTLAND ORE ARPT REV OR 5.000 07/01/2030 | 1.46% | -- | -- |
| MARYLAND ST ECONOMIC DEV CORP REV MD 4.100 10/01/2036 | 1.43% | 102.95 | -0.01% |
| FARMINGTON N MEX POLLUTN CTL REV NM 3.900 06/01/2040 | 1.43% | 101.96 | -0.00% |
| BOYLE CNTY KY EDL FACS REV KY 5.250 06/01/2043 | 1.43% | 105.12 | -0.00% |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA UTIL REV FL 5.250 10/01/2048 | 1.43% | 105.20 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.30% |
| Administration Fee | 53.95K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to generate current income that is exempt from federal 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 in municipal debt securities paying interest exempted from federal income taxes. |
| General | |
| Security Type | Mutual 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% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 3.65% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 140 |
| Bond | |
| Yield to Maturity (7-31-25) | 4.24% |
| Effective Duration | 7.18 |
| Average Coupon | 4.78% |
| Calculated Average Quality | 2.856 |
| Effective Maturity | 13.82 |
| Nominal Maturity | 15.82 |
| Number of Bond Holdings | 137 |
As of July 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 6/15/2022 |
| Last Annual Report Date | 10/31/2024 |
| Last Prospectus Date | 3/3/2025 |
| Share Classes | |
| CWAAX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:CWAIX", "name") |
| Broad Asset Class: =YCI("M:CWAIX", "broad_asset_class") |
| Broad Category: =YCI("M:CWAIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:CWAIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |