Morningstar

First Trust New York High Income Municipal ETF FMNY

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

Morningstar’s Analysis FMNY

Will FMNY outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

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.

by Morningstar Automated Analysis
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 19.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RENSSELAER CNTY N Y CAP RESOURCE CORP ENERGY PERFORMANCE LEASE REV 5.25%

2.83 1M
municipal

Cash

2.67 958,433
Cash and Equivalents

NASSAU CNTY N Y INDL DEV AGY CIVIC FAC REV 3.5%

2.23 800,000
municipal

NEW YORK CONVENTION CTR DEV CORP N Y REV 5%

2.14 766,013
municipal

NEW YORK ST PWR AUTH GREEN TRANSMISSION PROJ REV 5%

2.06 740,378
municipal

LACKAWANNA N Y 5%

2.03 727,168
municipal

GENESEE CNTY N Y FDG CORP REV 5%

1.93 691,160
municipal

NEW YORK CONVENTION CTR DEV CORP N Y REV 5%

1.79 641,163
municipal

HEMPSTEAD TOWN N Y LOC DEV CORP REV 5%

1.66 595,071
municipal

BROOKHAVEN N Y LOC DEV CORP REV 5%

1.49 534,718
municipal

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