Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
First Trust Flexible Muncpl Hgh Inc ETF MFLX
Morningstar’s Analysis MFLX
Will MFLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
JEFFERSON CNTY ALA SWR REV 5.25% | 3.06 | 495,129 | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25% | 2.06 | 333,289 | municipal |
INDIANAPOLIS IND LOC PUB IMPT BD BK 6% | 2.04 | 330,327 | municipal |
SKAGIT CNTY WASH PUB HOSP DIST NO 001 REV 5.5% | 1.98 | 319,879 | municipal |
CHICAGO ILL BRD ED 5% | 1.97 | 318,860 | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5.25% | 1.97 | 318,793 | municipal |
DUTCHESS CNTY N Y LOC DEV CORP MULTIFAMILY TAX EXEMPT MTG BKD BDS 5% | 1.95 | 315,792 | municipal |
SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN PWR REV 4% | 1.91 | 308,280 | municipal |
NEW HAMPSHIRE ST BUSINESS FIN AUTH WTR FAC REV 5.375% | 1.87 | 301,447 | municipal |
CAPITAL PROJS FIN AUTH FLA EDL FACS REV 6.5% | 1.74 | 281,492 | municipal |