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 Tuesday, January 21st,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 22nd will be given a dividend of 0.163 per share on Friday, January 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date is Wednesday, January 22nd.

First Trust Municipal High Income ETF Stock Down 0.1 %

Shares of NASDAQ:FMHI traded down $0.04 on Wednesday, hitting $48.25. The stock had a trading volume of 42,599 shares, compared to its average volume of 97,377. The firm’s 50 day moving average price is $48.57 and its 200-day moving average price is $48.84. First Trust Municipal High Income ETF has a twelve month low of $47.14 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.