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First Trust Municipal High Income ETF FMHI ETF Analysis

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

Morningstar’s Analysis FMHI

Will FMHI 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 FMHI’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMHI 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 FMHI’s parent organization’s priorities and whether they’re in line with investors’ interests.

Experienced managers lead this active high-yield tax-exempt ETF.

null Ken Noguchi

Ken Noguchi

Summary

First Trust Municipal High Income ETF’s experienced managers and researchers execute a straightforward process, and the strategy’s higher-than-peers non-investment-grade stakes differentiate it from rivals.

by Ken Noguchi
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