First Trust Municipal High Income ETF (FMHI) to Issue Monthly Dividend of $0.16 on December 31st

First Trust Municipal High Income ETF (NASDAQ:FMHI) declared a monthly dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.163 per share on Tuesday, December 31st. This represents a $1.96 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Municipal High Income ETF Price Performance

Shares of FMHI opened at $48.72 on Friday. First Trust Municipal High Income ETF has a 1 year low of $47.14 and a 1 year high of $49.51. The company’s fifty day moving average is $48.92 and its two-hundred day moving average is $48.84.

First Trust Municipal High Income ETF Company Profile

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.