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.
First Trust Flexible Muncpl Hgh Inc ETF MFLX
Morningstar’s Analysis MFLX
Will MFLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash | 3.27 | 533,509 | Cash and Equivalents |
JEFFERSON CNTY ALA SWR REV 5.25% | 3.01 | 490,496 | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.25% | 2.04 | 333,000 | municipal |
INDIANAPOLIS IND LOC PUB IMPT BD BK 6% | 2.02 | 329,171 | municipal |
SKAGIT CNTY WASH PUB HOSP DIST NO 001 REV 5.5% | 1.96 | 318,695 | municipal |
CHICAGO ILL BRD ED 5% | 1.95 | 318,560 | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5.25% | 1.95 | 317,084 | municipal |
DUTCHESS CNTY N Y LOC DEV CORP MULTIFAMILY TAX EXEMPT MTG BKD BDS 5% | 1.92 | 312,974 | municipal |
SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN PWR REV 4% | 1.89 | 307,421 | municipal |
NEW HAMPSHIRE ST BUSINESS FIN AUTH WTR FAC REV 5.375% | 1.84 | 300,381 | municipal |