First Trust Municipal High Income ETF

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About FMHI

FMHI is an actively managed fund that holds a broad range of US municipal bonds. The listed name for FMHI is First Trust Exchange-Traded Fund III First Trust Municipal High Income ETF. 

Index-Tracked
Index-Tracked
Category
High Yield Muni
CategoryHigh Yield Muni
Number of holdings
676
Number of holdings676
Inception Date
Nov 1, 2017
Inception DateNov 1, 2017

What's in this fund

Sectors

As of December 30, 2025
Municipal Bonds99.90%
Cash and Equivalents0.10%

Top 10 Holdings (5.51% of total assets)

As of December 30, 2025
NameSymbol% Assets
CHICAGO ILL O HARE INTL ARPT REV 5.5%0.67%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%0.66%
MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 4.75%0.64%
MOBILE ALA INDL DEV BRD POLLUTN CTL REV 2.75%0.58%
DETROIT MICH 5%0.54%
INDIANA MUN PWR AGY PWR SUPPLY SYS REV 2.85%0.53%
ST LOUIS CNTY MO INDL DEV AUTH SR LIVING FACS REV 5%0.49%
SPRING VY CMNTY INFRASTRUCTURE DIST NO 1 IDAHO SPL ASSMT 6.25%0.47%
PUERTO RICO COMWLTH 4%0.47%
ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45%0.46%

FMHI Key Statistics

AUM
874.07M
AUM874.07M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
4.05
30-Day yield4.05
Average volume
104.22K
Average volume104.22K
High today
$47.96
High today$47.96
Low today
$47.87
Low today$47.87
Open price
$47.96
Open price$47.96
Volume
142.43K
Volume142.43K
52 Week high
$49.05
52 Week high$49.05
52 Week low
$44.80
52 Week low$44.80
Expense ratio
0.70
Expense ratio0.70

Stock Snapshot

As of today, First Trust Municipal High Income ETF(FMHI) shares are valued at $47.95. The company's market cap stands at 874.36M.

As of 2026-01-02, First Trust Municipal High Income ETF(FMHI) stock has fluctuated between $47.87 and $47.96. The current price stands at $47.95, placing the stock +0.2% above today's low and -0.0% off the high.

The First Trust Municipal High Income ETF(FMHI)'s current trading volume is 142.43K, compared to an average daily volume of 104.22K.

During the past year, First Trust Municipal High Income ETF(FMHI) stock moved between $44.80 at its lowest and $49.05 at its peak.

During the past year, First Trust Municipal High Income ETF(FMHI) stock moved between $44.80 at its lowest and $49.05 at its peak.

Average Annual Return

All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.