First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) announced a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $0.1790 per share on Friday, October 30th. This represents a $2.15 annualized dividend and a yield of 4.7%. The ex-dividend date is Wednesday, October 21st.
First Trust Municipal High Income ETF Price Performance
Shares of FMHI traded down $0.09 during mid-day trading on Wednesday, reaching $45.38. The company’s stock had a trading volume of 169,783 shares, compared to its average volume of 152,892. The business has a fifty day moving average of $46.20 and a 200 day moving average of $47.43. First Trust Municipal High Income ETF has a 1 year low of $44.34 and a 1 year high of $48.73.
First Trust Municipal High Income ETF Company Profile
The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.
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