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.