How have FMNY shares performed in 2024?

First Trust New York Municipal High Income ETF's stock was trading at $27.14 at the beginning of 2024. Since then, FMNY shares have decreased by 1.8% and is now trading at $26.6599. View the best growth stocks for 2024 here .

What does FMNY invest in?

First Trust New York Municipal High Income ETF is a fixed income fund issued by First Trust. FMNY focuses on broad municipals investments. The fund's investments total to approximately $18.68 million assets under management.

What is the management fee for First Trust New York Municipal High Income ETF?

First Trust New York Municipal High Income ETF's management fee is 0.65% and has no other recorded expenses. However, FMNY has a fee waiver of -0.15% to reimburse the expenses. The net expense ratio for FMNY is 0.50%.

Who are First Trust New York Municipal High Income ETF's major shareholders?

First Trust New York Municipal High Income ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (8.66%).

How do I buy shares of First Trust New York Municipal High Income ETF?

Shares of FMNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEARCA:FMNY

First Trust New York Municipal High Income ETF (FMNY) Price, Holdings, & News

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$26.66

0.00 (0.00%)

(As of 04/24/2024 ET)

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Today's Range: $26.66
▼
$26.66
50-Day Range: $26.66
▼
$27.24
52-Week Range: $25.00
▼
$27.24

Volume: 87 shs
Average Volume: 2,343 shs
Market Capitalization: $18.66 million

Assets Under Management: $18.68 million
Dividend Yield: 2.44%
Net Expense Ratio: 0.50%

Stock Analysis Chart Dividend Holdings Ownership

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About First Trust New York Municipal High Income ETF (NYSEARCA:FMNY)

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes. FMNY was launched on May 12, 2021 and is managed by First Trust.

FMNY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FMNY ETF News Headlines

February 20, 2024 | businesswire.com

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

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Fund Details

Issuer: First Trust
Fund Name: First Trust New York Municipal High Income ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:FMNY
Inception Date: 5/12/2021
Fund Manager: Tom Futrell, Johnathan N. Wilhelm
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Fixed Income
Benchmark: N/A
Category: Municipals
Focus: Broad Municipals
Development Level: Developed Markets
Region: North America
Number of Holdings: 65

Fund Statistics

Assets Under Management: $18.68 million
Average Daily Volume: $0.00
Discount/Premium: -0.03%

Administrator, Advisor and Custodian

Administrator: The Bank of New York Mellon Corporation
Advisor: First Trust Advisors L.P.
Custodian: The Bank of New York Mellon Corporation
Distributor: First Trust Portfolios L.P.
Transfer Agent: The Bank of New York Mellon Corporation
Trustee: N/A
Lead Market Maker: Flow Traders

Miscellaneous

Outstanding Shares: 700,002
Beta: 0.06

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First Trust New York Municipal High Income ETF Expenses

Type	FMNY	Broad Municipals ETFs	Fixed Income ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.65%	0.33%	0.32%	0.50%	0.51%
Other Expenses	0.00%	0.47%	0.27%	0.64%	0.58%
Total Expense	0.65%	0.44%	0.40%	0.74%	0.70%
Fee Waiver	-0.15%	-0.32%	-0.24%	-0.68%	-0.57%
Net Expense	0.50%	0.37%	0.35%	0.58%	0.58%

First Trust New York Municipal High Income ETF (FMNY) Holdings & Exposure

Top 10 FMNY Holdings

SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV 6%
Holding Weight: 2.76%
NEW YORK TRANSN DEV CORP SPL FAC REV 5%
Holding Weight: 2.56%
PUERTO RICO COMWLTH 4%
Holding Weight: 2.17%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%
Holding Weight: 2.17%
LONG IS PWR AUTH N Y ELEC SYS REV 5%
Holding Weight: 2.15%
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
Holding Weight: 2.11%
NEW YORK TRANSN DEV CORP SPL FAC REV 4%
Holding Weight: 1.97%
NEW YORK ST URBAN DEV CORP REV 5%
Holding Weight: 1.92%
HEMPSTEAD TOWN N Y LOC DEV CORP REV 4%
Holding Weight: 1.88%
LONG BEACH N Y 5.25%
Holding Weight: 1.85%

FMNY Sector Exposure

FMNY Industry Exposure

Full Holdings Details

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Institutional Ownership

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FMNY ETF - Frequently Asked Questions

How have FMNY shares performed in 2024?: First Trust New York Municipal High Income ETF's stock was trading at $27.14 at the beginning of 2024. Since then, FMNY shares have decreased by 1.8% and is now trading at $26.6599.
View the best growth stocks for 2024 here.
What does FMNY invest in?: First Trust New York Municipal High Income ETF is a fixed income fund issued by First Trust. FMNY focuses on broad municipals investments. The fund's investments total to approximately $18.68 million assets under management.
What is the management fee for First Trust New York Municipal High Income ETF?: First Trust New York Municipal High Income ETF's management fee is 0.65% and has no other recorded expenses. However, FMNY has a fee waiver of -0.15% to reimburse the expenses. The net expense ratio for FMNY is 0.50%.

Who are First Trust New York Municipal High Income ETF's major shareholders?: First Trust New York Municipal High Income ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (8.66%).
How do I buy shares of First Trust New York Municipal High Income ETF?: Shares of FMNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FMNY) was last updated on 4/25/2024 by MarketBeat.com Staff

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