AUM $18.8MER 0.75%NAV $17.12Holdings 72Inception Sep 2016
Price Chart
Key Statistics
Previous Close
$17.14Day Range
$17.14$17.19
52-Week Range
$16.23$17.36
Avg Volume
10.4KDividend Yield
4.04%Expense Ratio
0.75%AUM
$18.8MShares Outstanding
1.1METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 83.54% |
| Financial Services | 16.46% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 93.49% |
| United States | 6.51% |
Fund Information
- Issuer
- First Trust
- Category
- Cash & Others
- Types
- IncomeMunicipal Bond
- Inception Date
- Sep 27, 2016
- Exchange
- NASDAQ
- Description
- The First Trust Flexible Municipal High Income ETF (the "Fund") (formerly First Trust Municipal CEF Income Opportunity ETF) 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. The Fund may invest in a range of municipal securities, including, but not limited to, municipal lease obligations (and certificates of participation in such obligations),municipal general obligation bonds, municipal revenue bonds, municipal notes, municipal cash equivalents, private activity bonds (including without limitation industrial development bonds), and pre-refunded and escrowed to maturity bonds.
Similar ETFs
The First Trust Flexible Municipal High Income ETF (MFLX) is an exchange-traded fund issued by First Trust that launched on Sep 27, 2016. It currently manages $18.8M in assets under management. The fund charges an expense ratio of 0.75%. The fund holds 72 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 18.9% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | COLUMBUS OH REGL ARPT AUTH REV 5.50%, due 01/01/2050 | 2.83% | 0 | $530K |
| 2 | — | JEFFERSON CNTY AL SWR REVENUE 5.25%, due 10/01/2042 | 2.61% | 0 | $489K |
| 3 | — | CHARLESTON CNTY SC ARPT DIST 5.25%, due 07/01/2042 | 1.75% | 0 | $327K |
| 4 | — | DUTCHESS CNTY NY LOCAL DEV CORP N/C, 5%, due 10/01/2040 | 1.72% | 0 | $322K |
| 5 | — | MAINE ST FIN AUTH SOL WST DISP N/C, 5%, due 08/01/2035 | 1.69% | 0 | $316K |
| 6 | — | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK 6%, due 03/01/2053 | 1.67% | 0 | $312K |
| 7 | — | TEXAS WTR DEV BRD REVENUE 5%, due 10/15/2060 | 1.66% | 0 | $311K |
| 8 | — | MASSACHUSETTS ST DEV FIN AGY REV 5.25%, due 06/01/2060 | 1.65% | 0 | $309K |
| 9 | — | ERIE PA SWR AUTH 5%, due 12/01/2046 | 1.65% | 0 | $309K |
| 10 | — | HAMILTON CNTY OH HLTH CARE REV 5.25%, due 01/01/2045 | 1.64% | 0 | $308K |
| 11 | — | SKAGIT CNTY WA PUBLIC HOSP DIST 1 5.50%, due 12/01/2054 | 1.63% | 0 | $306K |
| 12 | — | VERMONT ST ECON DEV AUTH MTGE REV 4%, due 05/01/2037 | 1.63% | 0 | $306K |
| 13 | — | NEW HAMPSHIRE ST BUSINESS FIN AUTH 5.375%, due 04/01/2049 | 1.62% | 0 | $304K |
| 14 | — | PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/2041 | 1.61% | 0 | $301K |
| 15 | — | IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REV Variable rate, due 12/01/2050 | 1.52% | 0 | $284K |
Page 1 of 2
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.26% | |
| 1W | +0.00% | |
| 1M | +2.47% | |
| 3M | +0.94% | |
| 6M | +0.50% | |
| YTD | +1.02% | |
| 1Y | +4.43% | |
| 3Y | +3.87% | |
| 5Y | -16.96% |
Moving Averages
20-Day MA
$17.03
Above 20-Day MA50-Day MA
$17.13
Above 50-Day MA200-Day MA
$16.92
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$17.36
Current Price
$17.19
52-Week Low
$16.23
$16.23$17.36
Current Yield
4.04%
Annual Dividend
$0.2350
Frequency
12x/year
Last Ex-Date
Feb 20, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Feb 20, 2026 | $0.0600 | Feb 27, 2026 |
| Jan 21, 2026 | $0.0600 | Jan 30, 2026 |
| Dec 12, 2025 | $0.0575 | Dec 31, 2025 |
| Nov 21, 2025 | $0.0575 | Nov 28, 2025 |
| Oct 21, 2025 | $0.0575 | Oct 31, 2025 |
| Sep 25, 2025 | $0.0575 | Sep 30, 2025 |
| Aug 21, 2025 | $0.0575 | Aug 29, 2025 |
| Jul 22, 2025 | $0.0575 | Jul 31, 2025 |
| Jun 26, 2025 | $0.0575 | Jun 30, 2025 |
| May 21, 2025 | $0.0575 | May 30, 2025 |
| Apr 22, 2025 | $0.0575 | Apr 30, 2025 |
| Mar 27, 2025 | $0.0575 | Mar 31, 2025 |
| Feb 21, 2025 | $0.0575 | Feb 28, 2025 |
| Jan 22, 2025 | $0.0575 | Jan 31, 2025 |
| Dec 13, 2024 | $0.0575 | Dec 31, 2024 |
| Nov 21, 2024 | $0.0575 | Nov 29, 2024 |
| Oct 22, 2024 | $0.0575 | Oct 31, 2024 |
| Sep 26, 2024 | $0.0575 | Sep 30, 2024 |
| Aug 21, 2024 | $0.0575 | Aug 30, 2024 |
| Jul 23, 2024 | $0.0550 | Jul 31, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | MFLX | Cash & Others(1004 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.75% | 0.62% | 0.72% |
| AUM | $18.8M | $2.70B | $1.48B |
| Dividend Yield | 4.04% | 9.44% | 11.21% |
| Avg Volume | 10.4K | 1.2M | 219.1K |
| Holdings | 72 | 379 | 161 |
| Performance | |||
| 1-Month Return | +0.85% | +1.49% | +2.23% |
| 6-Month Return | +0.06% | -2.27% | -2.79% |
| YTD Return | +0.88% | +0.42% | -0.93% |
| 1-Year Return | +4.22% | +5.38% | +4.59% |
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