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. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Morningstar’s Analysis MFLX
Will MFLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 47
- Other Holdings 16
- % Assets in Top 10 Holdings 25.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
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