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
679
Number of holdings679
Inception Date
Nov 1, 2017
Inception DateNov 1, 2017

What's in this fund

Sectors

As of December 16, 2025
Municipal Bonds98.41%
Cash and Equivalents1.59%

Top 10 Holdings (5.24% of total assets)

As of December 16, 2025
NameSymbol% Assets
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%0.65%
MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 4.75%0.64%
MOBILE ALA INDL DEV BRD POLLUTN CTL REV 2.5%0.57%
DETROIT MICH 5%0.53%
INDIANA MUN PWR AGY PWR SUPPLY SYS REV 2.7%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%0.46%
PUERTO RICO COMWLTH 4%0.46%
ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 5.45%0.46%
COLUMBUS OHIO REGL ARPT AUTH REV 5.5%0.45%

FMHI Key Statistics

AUM
871.66M
AUM871.66M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
4.05
30-Day yield4.05
Average volume
92.83K
Average volume92.83K
High today
$47.81
High today$47.81
Low today
$47.72
Low today$47.72
Open price
$47.73
Open price$47.73
Volume
77.50K
Volume77.50K
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

First Trust Municipal High Income ETF(FMHI) stock is priced at $47.75, giving the company a market capitalization of 871.62M.

On 2025-12-18, First Trust Municipal High Income ETF(FMHI) stock moved within a range of $47.72 to $47.81. With shares now at $47.75, the stock is trading +0.1% above its intraday low and -0.1% below the session's peak.

Trading activity shows a volume of 77.5K, compared to an average daily volume of 92.83K.

Over the past 52 weeks, First Trust Municipal High Income ETF(FMHI) stock has traded between a high of $49.05 and a low of $44.80.

Over the past 52 weeks, First Trust Municipal High Income ETF(FMHI) stock has traded between a high of $49.05 and a low of $44.80.

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.