FMHI:NSD-First Trust Municipal High Income ETF (USD)

ETF | High Yield Muni |

Last Closing

USD 48.7

Change

-0.01 (-0.02)%

Market Cap

USD 0.75B

Volume

0.04M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for High Yield Muni

ETFs Containing FMHI

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Muni) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.14% 100% F 51% F
Dividend Return 3.37% 100% F 62% D
Total Return 5.51% 100% F 53% F
Trailing 12 Months  
Capital Gain 7.39% 100% F 51% F
Dividend Return 4.24% 100% F 61% D-
Total Return 11.63% 100% F 53% F
Trailing 5 Years  
Capital Gain -8.29% 100% F 44% F
Dividend Return 16.39% 100% F 66% D+
Total Return 8.11% 100% F 46% F
Average Annual (5 Year Horizon)  
Capital Gain -1.31% 100% F 35% F
Dividend Return 1.53% 100% F 39% F
Total Return 2.84% 100% F 64% D
Risk Return Profile  
Volatility (Standard Deviation) 9.11% 100% F 89% A-
Risk Adjusted Return 16.84% 100% F 49% F
Market Capitalization 0.75B 100% F 68% D+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike