FMHI — First Trust Municipal High Income ETF
Data updated: 2026-06-23
FMHI — First Trust Municipal High Income ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $950.44M AUM · 0.70% expense ratio · 6.9% 1-yr return. From SEC regulatory filings.
FMHI Fund Overview
FMHI — First Trust Municipal High Income ETF is a US ETF managed by First Trust Exchange-Traded Fund III, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: First Trust Exchange-Traded Fund III
- Category: Long Municipal - National Bond
- Assets under management: $950.44M
- 1-year return: 6.9%
- Ticker: FMHI
- SEC CIK: 0001424212
- SEC series ID: S000051606
- Share class ID: C000162358
FMHI Holdings
Top 10 holdings of First Trust Municipal High Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Chicago Ill O Hare Intl Arpt | 0.61% |
| Puerto Rico Sales Tax Financing Corp. | 0.61% |
| Puerto Rico Aqueduct And Sewer Authority | 0.60% |
| Mobile County Industrial Development Authority (al) | 0.59% |
| Mobile Industrial Development Board (al) | 0.53% |
| St. Louis County Industrial Development Authority (mo) | 0.46% |
| Public Finance Authority (wi) | 0.43% |
| Spring Vy Cmnty Infrastructure Dist No 1 Idaho | 0.43% |
| Puerto Rico, Commonwealth Of | 0.43% |
| Arkansas Development Finance Authority (ar) | 0.43% |
FMHI Portfolio Allocation
Asset-class allocation of First Trust Municipal High Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.6% |
FMHI Performance
Total returns for FMHI (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.7% |
| 1 year | 6.9% |
| 3 years (annualised) | 5.1% |
| 5 years (annualised) | 1.0% |
FMHI Risk Information
Risk metrics for FMHI, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
FMHI Costs and Fees
FMHI costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 0.70%
- Portfolio turnover: 38%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FMHI Cashflows
Over the 12 months to 2026-04, First Trust Municipal High Income ETF had net inflows of $191.12M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $11.95M |
| 2026-03 | $7.24M |
| 2026-02 | $26.58M |
| 2026-01 | $28.76M |
| 2025-12 | $9.57M |
| 2025-11 | $21.61M |
FMHI Debt Constituents
Largest debt holdings of First Trust Municipal High Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Chicago Ill O Hare Intl Arpt | 0.61% |
| Puerto Rico Sales Tax Financing Corp. | 0.61% |
| Puerto Rico Aqueduct And Sewer Authority | 0.60% |
| Mobile County Industrial Development Authority (al) | 0.59% |
| Mobile Industrial Development Board (al) | 0.53% |
| St. Louis County Industrial Development Authority (mo) | 0.46% |
| Public Finance Authority (wi) | 0.43% |
| Spring Vy Cmnty Infrastructure Dist No 1 Idaho | 0.43% |
| Puerto Rico, Commonwealth Of | 0.43% |
| Arkansas Development Finance Authority (ar) | 0.43% |
FMHI Prospectus and SEC Filings
Official First Trust Municipal High Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.