Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026FMHIS&P 500 · VOO
First Trust Municipal High Income ETFFMHI
$46.66
+0.4% last session
+1.0% YTD
Data as of 11/5/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +0.4% | +5.3% | −1.4% | +1.0% | +1.5% | +20.1% | +2.8% | +29.1% |
| Peer average | +0.3% | +4.1% | −0.5% | +0.9% | +1.2% | +15.4% | +2.9% | — |
| S&P 500 · VOO | −4.4% | −5.7% | −4.9% | +8.4% | +9.8% | +82.2% | +71.6% | — |
Key Statistics
Open all fund facts →- AUM
- $1.1B
- Expense ratio
- 0.49%
- Distribution yield
- 4.5%
- NAV
- $46.27
- Volume
- 289K
- Avg. volume 30D
- 443K
- High today
- $46.67
- Low today
- $46.41
- Previous close
- $46.49
- 52-week high
- $48.73
- 52-week low
- $44.34
- Our risk indicator
- 2/5
FMHI in One Breath
FMHI Among Municipal ETFs
YTDEnd-of-day Nov 6, 2026 · 141 Municipal ETFs by YTD
$10,000 in FMHI
5Y$10,000 in FMHI became
$10,278
In the S&P 500 (VOO)
$17,156
Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO
FMHI’s Top Holdings
TodayNEW YORK CITY NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/20410.8%LOUISVILLE &0.7%CHICAGO IL O0.7%MOBILE CNTY 0.6%NEW HOPE CUL0.6%PUERTO RICO 0.6%ATLANTA GA A0.5%PUB FIN AUTH0.5%PENNSYLVANIA0.5%MOBILE AL IN0.5%DIST OF COLU0.5%PENSACOLA FL0.4%ILLINOIS ST 0.4%PUERTO RICO 0.4%BLACK BELT E0.4%BUCKEYE OH T0.4%VIRGINIA SMA0.4%SAINT LOUIS 0.4%MARICOPA CNT0.4%ARKANSAS DEV0.4%SPRING VLY I0.4%ARKANSAS DEV0.4%
NEW YORK CITY NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/20410.8%LOUISVILLE &0.7%CHICAGO IL O0.7%MOBILE CNTY 0.6%NEW HOPE CUL0.6%PUERTO RICO 0.6%ATLANTA GA A0.5%PUB FIN AUTH0.5%PENNSYLVANIA0.5%MOBILE AL IN0.5%DIST OF COLU0.5%PENSACOLA FL0.4%
First Trust FMHI · 780 holdings · top 22 shown · tile size = share of the fund · as of Nov 5, 2026
What FMHI Holds
TodayAll holdings100.0%
NEW YORK C · LOUISVILLE · CHICAGO IL · MOBILE CNT · NEW HOPE C · PUERTO RIC · ATLANTA GA
First Trust FMHI · share of the fund · as of Nov 5, 2026
NEW’s Share of FMHI
Today0.8%
$8 of every $1,000 in FMHI is NEW
NEW held by FMHI
$8.7M
First Trust FMHI · each square = $10 of $1,000 · as of Nov 5, 2026
FMHI’s Share of Municipal ETFs
Today0.4%
of the $244B in 166 Municipal ETFs
$1.1B0.4%
$54.7B22.4%
$49.6B20.3%
$139B56.9%
Municipal ETF AUM · Nov 6, 2026
FMHI Fee per $100 vs Peers
TodayExpense ratio · Municipal peers · Nov 6, 2026
Inside FMHI
780 holdings · as of Nov 5, 2026FMHI
First Trust Municipal High Income ETF
TodayAll holdings100.0%766 more holdings92.4% of the fund
All holdings100.0%774 more holdings96.1% of the fund
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | — | NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2041 | 0.80% |
| 2 | — | LOUISVILLE & JEFFERSON CNTY KY REGL ARPT AUTH Variable rate, due 01/01/2029 | 0.74% |
| 3 | — | CHICAGO IL O'HARE INTL ARPT REV 5.50%, due 01/01/2051 | 0.66% |
| 4 | — | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP 5%, due 06/01/2054 | 0.58% |
| 5 | — | NEW HOPE CULTURAL EDU FACS FIN TX Variable rate, due 08/01/2055 | 0.56% |
| 6 | — | PUERTO RICO SALES TAX FING 4.329%, due 07/01/2040 | 0.56% |
| 7 | — | ATLANTA GA ARPT REVENUE 5.50%, due 07/01/2051 | 0.51% |
| 8 | — | PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/2041 | 0.49% |
| 9 | — | PENNSYLVANIA ST ECON DEV FING AUTH 5.25%, due 06/30/2053 | 0.48% |
| 10 | — | MOBILE AL INDL DEV BRD POLL CONTROL Variable rate, due 06/01/2034 | 0.46% |
First Trust FMHI · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 10.0%
All FMHI Holdings
785 holdings · as of Nov 5, 2026FMHI
FMHI’s Holdings
Today| # | |||||
|---|---|---|---|---|---|
| 1 | —NEW YORK CITY NY MUNI WTR FIN AUTH Variable rate, due 06/15/2041 | 0.80% | $79.58 | 8.7M | $8.7M |
| 2 | —LOUISVILLE & JEFFERSON CNTY KY REGL ARPT AUTH Variable rate, due 01/01/2029 | 0.74% | $74.09 | 8.1M | $8.1M |
| 3 | —CHICAGO IL O'HARE INTL ARPT REV 5.50%, due 01/01/2051 | 0.66% | $65.75 | 7.1M | $7.2M |
| 4 | —MOBILE CNTY AL INDL DEV AUTH SOL WST DISP 5%, due 06/01/2054 | 0.58% | $58.33 | 7.0M | $6.4M |
| 5 | —NEW HOPE CULTURAL EDU FACS FIN TX Variable rate, due 08/01/2055 | 0.56% | $55.80 | 6.1M | $6.1M |
| 6 | —PUERTO RICO SALES TAX FING 4.329%, due 07/01/2040 | 0.56% | $55.76 | 6.3M | $6.1M |
| 7 | —ATLANTA GA ARPT REVENUE 5.50%, due 07/01/2051 | 0.51% | $50.86 | 5.4M | $5.6M |
| 8 | —PUB FIN AUTH WI TAX INCREMENT REV 5%, due 06/01/2041 | 0.49% | $48.59 | 5.4M | $5.3M |
| 9 | —PENNSYLVANIA ST ECON DEV FING AUTH 5.25%, due 06/30/2053 | 0.48% | $48.35 | 5.5M | $5.3M |
| 10 | —MOBILE AL INDL DEV BRD POLL CONTROL Variable rate, due 06/01/2034 | 0.46% | $45.73 | 5.0M | $5.0M |
| 11 | —DIST OF COLUMBIA WTR & SWR AUTH Variable rate, due 10/01/2060 | 0.46% | $45.73 | 5.0M | $5.0M |
| 12 | —PENSACOLA FL ARPT REVENUE 5.50%, due 10/01/2050 | 0.45% | $44.80 | 4.8M | $4.9M |
| 13 | —ILLINOIS ST 5.50%, due 03/01/2047 | 0.44% | $44.30 | 4.8M | $4.8M |
| 14 | —PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH 4%, due 07/01/2047 | 0.43% | $43.33 | 5.8M | $4.7M |
| 15 | —BLACK BELT ENERGY GAS DIST AL 5%, due 10/01/2035 | 0.43% | $43.22 | 4.6M | $4.7M |
First Trust FMHI · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026
How It Compares
FMHI
First Trust Municipal High Income ETF’s Peers
TodayMunicipal peers · Today’s and past-year returns · as of Nov 6, 2026 · sorted by AUM
Head to Head
Put FMHI head to head with MUB →MUB vs FMHI
YTDYear to date
FMHI wins+0.5 pts
Past year
FMHI wins+0.6 pts
Fee
MUB winslower fee
Yield
FMHI wins+1.2 pts
AUM
MUB50.2× more
3–1FMHI wins
iShares MUB and First Trust FMHI · year-to-date · as of Nov 6, 2026 · AUM not scored
FMHI vs VOO
YTDFMHI · First Trust Municipal High Income
+1.0%
VOO · S&P 500
+8.4%
Gap
7.4 pts
First Trust FMHI and Vanguard VOO · Today total return · as of Nov 6, 2026
FMHI vs Its Peer Average
YTDFMHIAvsBPeer average
1D+0.4%+0.3%
1M+5.3%+4.1%
3M−1.4%−0.5%
YTD+1.0%+0.9%
1Y+1.5%+1.2%
3Y+20.1%+15.4%
5Y+2.8%+2.9%
5–2FMHI wins
165 Municipal peers · each row scaled to its leader
The Details
FMHI
Risk
1Y2/5our risk indicator
CalmerBumpier
Volatility · 1Y4.12%
Deepest drop · 1Y−7.4%
Lowest point · 5Y−16.9%
52-week range
$46.66
$44.34−4.2% from the high$48.73
First Trust FMHI · past-year price moves · as of Nov 6, 2026
FMHI
Fund Facts
Today2017launched Nov 1
Tracks[…]
Exchange · CUSIPNASDAQ · 33739P301
StructureETF
Leverage1x
Cost on $10,000$49 a year
Go deeper
First Trust FMHI · fund facts · as of Nov 6, 2026
FMHI
Payouts by Year
6Y$0.18per share, Oct 2026
Distribution yield4.5%
PaidEvery month
Latest ex-date · paidOct 21 · Oct 30, 2026
12 payouts added up$2.10 a share
First Trust FMHI · distributions by ex-date · 2021–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2025-10-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-07-31 ↗SEC reported portfolio · 2025-04-30 ↗SEC reported portfolio · 2025-01-31 ↗SEC reported portfolio · 2024-10-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-07-31 ↗SEC reported portfolio · 2024-04-30 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2024-01-31 ↗SEC reported portfolio · 2023-10-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2023-07-31 ↗SEC reported portfolio · 2023-04-30 ↗SEC reported portfolio · 2023-01-31 ↗SEC reported portfolio · 2022-10-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2022-07-31 ↗SEC reported portfolio · 2022-04-30 ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2022-01-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗SEC reported portfolio · 2021-10-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2021-07-31 ↗SEC reported portfolio · 2021-04-30 ↗SEC reported portfolio · 2021-01-31 ↗SEC reported portfolio · 2020-10-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2020-07-31 ↗SEC reported portfolio · 2020-04-30 ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2020-01-31 ↗
Trading & Liquidity
Net asset value$46.27
Premium / discount[…]
Median spread · 30D[…]
Volume today289K
Average volume · 30D443K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.49%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$49.00
Our risk indicator2/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Oct 21, 2026 | Oct 30, 2026 | $0.18 |
| Sep 24, 2026 | Sep 30, 2026 | $0.18 |
| Aug 21, 2026 | Aug 31, 2026 | $0.18 |
| Jul 21, 2026 | Jul 31, 2026 | $0.18 |
| Jun 25, 2026 | Jun 30, 2026 | $0.18 |
| May 21, 2026 | May 29, 2026 | $0.18 |
| Apr 21, 2026 | Apr 30, 2026 | $0.17 |
| Mar 26, 2026 | Mar 31, 2026 | $0.17 |
| Feb 20, 2026 | Feb 27, 2026 | $0.17 |
| Jan 21, 2026 | Jan 30, 2026 | $0.17 |
| Dec 12, 2025 | Dec 31, 2025 | $0.17 |
| Nov 21, 2025 | Nov 28, 2025 | $0.17 |
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