- What are the top holdings of MFLX?
- First Trust Flexible Municipal High Income ETF holds 72 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does MFLX have?
- MFLX holds 72 positions as reported by the fund's most recent disclosure.
- What sectors does MFLX invest in?
- First Trust Flexible Municipal High Income ETF (MFLX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MFLX most exposed to?
- MFLX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MFLX a US-only fund?
- The country allocation card on this page shows MFLX'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 MFLX invest in?
- The First Trust Flexible Municipal High Income ETF (MFLX), formerly known as the First Trust Municipal CEF Income Opportunity ETF, aims to generate current income. Under typical market conditions, the Fund endeavors to meet this goal by allocating a minimum of 80% of its net assets (plus any borrowed capital) to municipal debt securities. These investments feature interest payments that are exempt from regular federal income taxes. Municipal debt securities are commonly issued by or on behalf of U.S. states, territories, and possessions, along with the District of Columbia, and their associated political entities, agencies, and authorities. The Fund may invest in a broad spectrum of municipal instruments, including, but not limited to, municipal lease obligations (and their certificates of participation), general obligation bonds, revenue bonds, municipal notes, municipal cash equivalents, private activity bonds (including industrial development bonds), and bonds that are pre-refunded or escrowed to maturity.
