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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NYSEARCA:FMNY

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

$26.98
-0.01 (-0.04%)
(As of 03/28/2024 ET)
Today's Range
$26.97
$26.99
50-Day Range
$26.85
$27.24
52-Week Range
$25.00
$27.24
Volume
2,906 shs
Average Volume
2,787 shs
Market Capitalization
$13.49 million
Assets Under Management
$17.53 million
Dividend Yield
2.41%
Net Expense Ratio
0.50%
FMNY stock logo

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

FMNY ETF News Headlines

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Fund Details

Issuer
First Trust
Fund Name
First Trust New York Municipal High Income ETF
Tax Classification
Regulated Investment Company
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
60

Fund Statistics

Assets Under Management
$17.53 million
Average Daily Volume
$0.00
Discount/Premium
0.02%

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

Beta
0.25
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First Trust New York Municipal High Income ETF Expenses

TypeFMNYBroad Municipals ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.65%0.33%0.32%0.50%0.51%
Other Expenses0.00%0.47%0.26%0.64%0.58%
Total Expense0.65%0.44%0.39%0.74%0.70%
Fee Waiver-0.15%-0.30%-0.24%-0.69%-0.56%
Net Expense0.50%0.37%0.34%0.57%0.58%

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

Top 10 FMNY Holdings

  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 3.65%
  • LONG IS PWR AUTH N Y ELEC SYS REV 5%
    Holding Weight: 3.08%
  • PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33%
    Holding Weight: 3.00%
  • PUERTO RICO COMWLTH 4%
    Holding Weight: 2.96%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 4%
    Holding Weight: 2.80%
  • NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
    Holding Weight: 2.74%
  • NASSAU CNTY N Y 5%
    Holding Weight: 2.68%
  • LONG BEACH N Y 5.25%
    Holding Weight: 2.61%
  • NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
    Holding Weight: 2.46%
  • NEW YORK ST ENVIRONMENTAL FACS CORP ST CLEAN WTR & DRINKING WTR REV 5%
    Holding Weight: 2.44%

FMNY Sector Exposure

FMNY Industry Exposure


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 start of the year. Since then, FMNY stock has decreased by 0.6% and is now trading at $26.98.
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 $17.53 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 retail and institutional investors. Top institutional investors include Magnus Financial Group LLC (34.09%), First Trust Advisors LP (14.92%), Socha Financial Group LLC (5.50%) and Corient Private Wealth LLC (1.50%).

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 3/29/2024 by MarketBeat.com Staff

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