First Trust Municipal High Income ETF (NASDAQ:FMHI – Get Free Report) announced a monthly dividend on Tuesday, October 20th. Investors of record on Wednesday, October 21st will be given a dividend of $0.1790 per share on Friday, October 30th. This represents a $2.15 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, October 21st.
First Trust Municipal High Income ETF Stock Down 0.2%
Shares of FMHI traded down $0.09 during midday trading on Wednesday, reaching $45.38. 169,783 shares of the stock were exchanged, compared to its average volume of 152,892. First Trust Municipal High Income ETF has a 12-month low of $44.34 and a 12-month high of $48.73. The firm has a 50 day simple moving average of $46.20 and a 200-day simple moving average of $47.43.
About First Trust Municipal High Income ETF
The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.
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