About First Trust Municipal High Income ETF (FMHI)

The First Trust Municipal High Income ETF (FMHI) is designed to provide investors with exposure to a diversified portfolio of municipal bonds, seeking to generate high current income exempt from regular federal income tax. The ETF aims to track the performance of the Bloomberg Barclays Municipal High Income Index. This index includes long-term, investment-grade municipal bonds issued by state and local governments in the United States, including territories and possessions. FMHI offers investors the opportunity to invest in a broad range of municipal bonds, providing potential tax advantages and stable income.

As of the most recent quote, FMHI was trading at $25.78. This represents a slight increase compared to the previous trading session. The ETF has a market capitalization of approximately $200 million. FMHI's 52-week range is $23.45 to $26.12, indicating that it has been trading within a relatively narrow range over the past year. The day's range for FMHI is $25.50 to $25.92, showing the intra-day volatility of the ETF. The trading volume for FMHI is currently 75,000 shares, demonstrating moderate investor interest in the ETF.