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CWAIX
First Trust Managed Municipal Fund Class I

CWAIX Mutual Fund Price & Analysis

The First Trust Managed Municipal Fund Class I (CWAIX) is a mutual fund that primarily invests in a diversified portfolio of municipal bonds. These bonds are issued by state and local governments to fund public projects such as schools, roads, and utilities. This fund is managed by First Trust Advisors, a leading investment management firm, and aims to provide investors with tax-free income and potential capital appreciation. As a Class I fund, it is typically only available to institutional investors and has a lower expense ratio compared to other share classes. CWAIX may be a suitable option for investors seeking a tax-efficient way to generate income while also diversifying their portfolio.

CWAIX Mutual Fund Chart & Stats

Top 10 Holdings

Name
Weight %
USD_CASH
KERN CA CMNTY CLG DIST
1.52%
USD_CASH
YONKERS NY
1.47%
USD_CASH
CONSOL MUNI ELEC PWR SYS WY JT
1.46%
USD_CASH
PENNSYLVANIA ST ECON DEV FING
1.45%
USD_CASH
INDIANA ST FIN AUTH HLTH SYS R
1.43%
USD_CASH
LAKEWOOD RANCH FL STEWARDSHIP
1.42%
USD_CASH
BOYLE CNTY KY EDUCTNL FACS REV
1.41%
USD_CASH
MARYLAND ST ECON DEV CORP
1.36%
USD_CASH
PORT OF PORTLAND OR ARPT REVEN
1.36%
USD_CASH
DENVER CITY & CNTY CO ARPT REV
1.35%
Total14.25%

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