First Trust New York High Inc Mncpl ETF holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.
First Trust New York High Income Municipal ETF FMNY
Morningstar’s Analysis FMNY
Will FMNY outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
RENSSELAER CNTY N Y CAP RESOURCE CORP ENERGY PERFORMANCE LEASE REV 5.25% | 2.75 | 1M | municipal |
Cash | 2.20 | 871,786 | Cash and Equivalents |
NEW YORK CONVENTION CTR DEV CORP N Y REV 5% | 2.12 | 841,038 | municipal |
LACKAWANNA N Y 5% | 2.02 | 800,352 | municipal |
NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REV 5% | 1.99 | 788,111 | municipal |
GENESEE CNTY N Y FDG CORP REV 5% | 1.89 | 748,366 | municipal |
HEMPSTEAD TOWN N Y LOC DEV CORP REV 5% | 1.73 | 683,323 | municipal |
NEW YORK CONVENTION CTR DEV CORP N Y REV 5% | 1.63 | 646,646 | municipal |
BROOKHAVEN N Y LOC DEV CORP REV 5% | 1.44 | 569,041 | municipal |
BUILD NYC RESOURCE CORP N Y REV 5.25% | 1.40 | 554,575 | municipal |
United States