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Morningstar

First Trust New York High Inc Mncpl ETF FMNY

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FMNY

Will FMNY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMNY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMNY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMNY’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit First Trust New York High Inc Mncpl ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FMNY

More FMNY Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV 6%

2.77 515,215
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

2.51 468,103
municipal

PUERTO RICO COMWLTH 4%

2.17 403,948
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

2.16 401,450
municipal

LONG IS PWR AUTH N Y ELEC SYS REV 5%

2.11 392,389
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

2.09 388,862
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 4%

1.95 362,832
municipal

NEW YORK ST URBAN DEV CORP REV 5%

1.89 352,694
municipal

HEMPSTEAD TOWN N Y LOC DEV CORP REV 4%

1.85 344,207
municipal

GUAM GOVT WTRWKS AUTH WTR & WASTEWTR SYS REV 5%

1.82 339,607
municipal