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MFLX Price & Analysis

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MFLX ETF Chart & Stats

ETF Overview

First Trust Flexible Municipal High Income ETF

The First Trust Flexible Municipal High Income ETF (MFLX) is a distinctive investment vehicle designed to offer investors exposure to the diverse and potentially lucrative municipal bond market. As a fund categorized under Government, Local Authority/Municipal, MFLX strategically focuses on Broad Credit, making it an appealing choice for those looking to diversify their portfolios with municipal bonds that span a wide range of maturities. This ETF harnesses the flexibility to invest across various credit qualities and maturities, providing investors with the opportunity to capitalize on the tax advantages typically associated with municipal bonds. The fund is adept at navigating the intricacies of local government financing, offering a dynamic approach to municipal bond investing. MFLX is particularly suited for those seeking to enhance their income potential while benefiting from the stability and tax-efficiency that municipal bonds can offer. By investing in MFLX, investors gain access to a well-rounded portfolio that is not only focused on generating high income but also prioritizing a strategic balance across different municipal credit sectors and maturities. This makes the First Trust Flexible Municipal High Income ETF a compelling choice for investors aiming to achieve a robust and diversified income stream within the municipal bond space.
Asset Class
Fixed Income
Region
North America
Issuer
First Trust
Index Tracked
No Underlying Index
Ticker Symbol
MFLX

First Trust Flexible Municipal High Income ETF (MFLX) Fund Flow Chart

First Trust Flexible Municipal High Income ETF (MFLX) 1 year Net Flows: -$3M

MFLX ETF FAQ

What was MFLX’s price range in the past 12 months?
MFLX lowest ETF price was $15.60 and its highest was $17.81 in the past 12 months.
    What is the AUM of MFLX?
    As of Jan 29, 2025 The AUM of MFLX is 14.53M.
      Is MFLX overvalued?
      According to Wall Street analysts MFLX’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does MFLX pay dividends?
        MFLX pays a Monthly dividend of $0.057 which represents an annual dividend yield of 3.81%. See more information on MFLX dividends here
          How many shares outstanding does MFLX have?
          MFLX has 850,002 shares outstanding.
            Which hedge fund is a major shareholder of MFLX?
            Currently, no hedge funds are holding shares in MFLX

            Top 10 Holdings

            Name
            Weight %
            USD_CASH
            Jefferson Cnty Ala Swr Rev 5.25% 01-OCT-2044
            3.34%
            USD_CASH
            U.S. Dollar
            3.06%
            USD_CASH
            Dutchess Cnty N Y Loc Dev Corp Multifamily Tax Exempt Mtg Bk D Bds 5.0% 01-OCT-2040
            2.23%
            USD_CASH
            Indianapolis Ind Loc Pub Impt Bd Bk 6.0% 01-MAR-2053
            2.21%
            USD_CASH
            Skagit Cnty Wash Pub Hosp Dist No 001 Rev 5.5% 01-DEC-2054
            2.18%
            USD_CASH
            Chicago Ill Brd Ed 5.0% 01-DEC-2030
            2.15%
            USD_CASH
            California Health Facs Fing Auth Rev 5.25% 15-NOV-2053
            2.13%
            USD_CASH
            Public Fin Auth Wis Tax Increment Rev 5.0% 01-JUN-2041
            2.12%
            USD_CASH
            New Hampshire St Business Fin Auth Wtr Fac Rev 5.375% 01-APR-2049
            2.12%
            USD_CASH
            Capital Projs Fin Auth Fla Edl Facs Rev 6.5% 15-JUN-2054
            2.00%
            Total23.55%
            See All Holdings
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