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First Trust Flexible Muncpl Hgh Inc ETF MFLX

Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis MFLX

Will MFLX outperform in future?

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

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit First Trust Flexible Muncpl Hgh Inc ETF to a Morningstar Medalist Rating of Neutral.

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Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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Portfolio Holdings MFLX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 20.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JEFFERSON CNTY ALA SWR REV 5.25%

3.02 489,317
municipal

Cash

2.66 431,853
Cash and Equivalents

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25%

2.02 327,249
municipal

INDIANAPOLIS IND LOC PUB IMPT BD BK 6%

2.02 326,985
municipal

CHICAGO ILL BRD ED 5%

1.96 317,916
municipal

SKAGIT CNTY WASH PUB HOSP DIST NO 001 REV 5.5%

1.95 316,317
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5.25%

1.93 312,196
municipal

DUTCHESS CNTY N Y LOC DEV CORP MULTIFAMILY TAX EXEMPT MTG BKD BDS 5%

1.91 309,145
municipal

SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN PWR REV 4%

1.88 304,523
municipal

NEW HAMPSHIRE ST BUSINESS FIN AUTH WTR FAC REV 5.375%

1.84 297,805
municipal