FMNY

Fund Description
The First Trust New York Municipal High Income ETFs (the "Fund") primary investment objective is to seek to provide current income that is exempt from regular federal income taxes and New York income taxes, and its secondary objective is long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes and New York State and New York City income taxes (collectively, "Municipal Securities").
Fund Profile
Fund Name First Trust New York Municipal High Income ETF
Fund Exchange Ticker FMNY
Fund Sponsor First Trust
Fund ISIN US33739P8225
Net Expense Ratio 0.50 %
Fund Inception Date 12 May 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 23 June 2022
Asset Under Management 10.56 Million (USD)
1 Month Total Return -0.86 %
Year To Date Return -12.34 %
1 Year Total Return -11.68 %
3 Year Annualized Total Return
NAV 26.4044
Share Outstanding 400,002
Top 10 Holdings (24 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
NEW YORK NY 5% due 03/01/2037 BOND 0.0392000000
LONG ISLAND NY PWR AUTH ELEC SYS REV 5% due 09/01/2037 BOND 0.0377000000
BUILD NYC RESOURCE CORP NY REV 4% due 06/15/2036 BOND 0.0355000000
NASSAU CNTY NY N/C 5% due 04/01/2029 BOND 0.0334000000
AMHERST NY DEV CORP 4% due 10/01/2042 BOND 0.0326000000
WAYNE CNTY NY WTR & SWR AUTH 4% due 12/15/2041 BOND 0.0305000000
NEW YORK ST ENVRNMNTL FACS CORP 5% due 06/15/2044 BOND 0.0291000000
ROCKLAND CNTY NY SOL WST MGMT AUTH N/C 5% due 12/15/2028 BOND 0.0286000000
NEW YORK ST DORM AUTH REVENUES N/C 5% due 10/01/2025 BOND 0.0277000000
NEW YORK ST DORM AUTH REVENUES N/C 5% due 10/01/2029 BOND 0.0273000000