First Trust Flexible Municipal High Income ETF (MFLX)
- Expense ratio0.85%
- Net assets$20.3M
- Dividend yield4.43%
- 1-year return-1.44%
- Holdings17
MFLX ETF price chart
MFLX quote & trading statistics
MFLX performance
Annual returns & drawdowns →- YTD-1.37%
- 1 year-1.44%
- 3 years+6.35%/yr
- 5 years-0.92%/yr
- 10 years+1.91%/yr
- 1Y volatility
- 7.06%
- 3Y volatility
- 6.79%
- 3Y Sharpe ratio
- -0.01
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
MFLX top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NEA | Nuveen AMT-Free Municipal IF | 0.94% |
| 2 | NVG | Nuveen AMT Free Municipal Credit Income | 0.71% |
| 3 | MMU | Western Asset Managed Municipals Closed Fund | 0.65% |
| 4 | BLE | BlackRock MIT II | 0.64% |
| 5 | MYI | BlackRock MuniYield Quality Closed Fund III | 0.63% |
| 6 | NZF | Nuveen Municipal Credit Income | 0.48% |
| 7 | VGM | Invesco Trust For Inv Grade Munis | 0.45% |
| 8 | IQI | Invesco Quality Municipal Income Closed Fund | 0.43% |
| 9 | NAD | Nuveen Dividend Advantage Municipal Fund | 0.42% |
| 10 | EVN | Eaton Vance Municipal Income Closed Fund | 0.33% |
The top 10 holdings make up 5.7% of the fund (17 holdings in total). As of October 25, 2026.
About First Trust Flexible Municipal High Income ETF
Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal debt securities are generally issued by or on behalf of states, territories or possessions of the United States and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.
MFLX ETF FAQ
What is the MFLX expense ratio?
First Trust Flexible Municipal High Income ETF has a net expense ratio of 0.85%, or $85.00 a year for every $10,000 invested.
How much money is in MFLX?
First Trust Flexible Municipal High Income ETF has about $20.3M in net assets.
What are the top holdings of MFLX?
The largest positions in MFLX are Nuveen AMT-Free Municipal IF (0.94%), Nuveen AMT Free Municipal Credit Income (0.71%), Western Asset Managed Municipals Closed Fund (0.65%). The fund holds 17 securities in total.
How has MFLX performed?
MFLX returned -1.44% over the past year and -0.92% a year over the past five years, including reinvested distributions.
Does MFLX pay dividends?
MFLX has a dividend yield of 4.43%.
When was MFLX launched?
First Trust Flexible Municipal High Income ETF began trading on September 27, 2016.