First Trust Municipal High Income ETF (NASDAQ:FMHI) Declares $0.16 Monthly Dividend

First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.163 per share on Monday, March 31st. This represents a $1.96 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Thursday, March 27th.

First Trust Municipal High Income ETF Trading Down 0.8 %

Shares of First Trust Municipal High Income ETF stock traded down $0.38 on Thursday, reaching $47.47. 81,846 shares of the stock were exchanged, compared to its average volume of 75,306. The business has a 50 day moving average price of $48.44 and a two-hundred day moving average price of $48.70. First Trust Municipal High Income ETF has a twelve month low of $47.33 and a twelve month high of $49.51.

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.