First Trust Municipal High Income ETF

Frequently Asked Questions About FMHI

What are the top holdings of FMHI?

First Trust Municipal High Income ETF holds 766 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does FMHI have?

FMHI holds 766 positions as reported by the fund's most recent disclosure.

What sectors does FMHI invest in?

First Trust Municipal High Income ETF (FMHI) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is FMHI most exposed to?

FMHI's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is FMHI a US-only fund?

The country allocation card on this page shows FMHI's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does FMHI invest in?

The First Trust Municipal High Income ETF operates as an actively managed exchange-traded fund. Its primary goal is to generate income that is exempt from regular federal income taxes, with a secondary focus on achieving long-term capital appreciation. Typically, to achieve these aims, the Fund commits a minimum of 80% of its net assets (including any borrowed capital) to municipal debt securities. These are commonly referred to as "Municipal Securities" and are characterized by interest payments that are free from federal income tax.