# FMHI (First Trust Municipal High Income ETF)

First Trust · Bond ETFs · Municipal, national, long · data as of Oct 2, 2026

FMHI is actively managed and returned −1.4% over the past year.

## Key facts

- FMHI, total return, 1 year: −1.4%, as of Oct 2, 2026.
- FMHI, expense ratio: 0.70%, as of Oct 2, 2026.
- FMHI, holdings: 759, as of Oct 2, 2026.
- FMHI, below its high: −6.6%, as of Oct 2, 2026.
- FMHI, net assets: $1.0bn (issuer page, as of Oct 2, 2026).

## FMHI over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −6.6% | +3.6% | −10.2 pts | −11.9 pts |
| 6 months | −4.0% | +17.9% | −21.9 pts | −32.4 pts |
| 1 year | −1.4% | +16.2% | −17.7 pts | −25.8 pts |
| 3 years | +14.2% | +89.3% | −75.1 pts | −100.6 pts |
| Since listing | +23.6% | +242.0% | −218.4 pts | −395.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, long | ETFIQ |
| Expense ratio | 0.70% | 485BPOS XBRL, Nov 28, 2025 |
| Price | $44.86 | ETFIQ |
| Listed since | Nov 3, 2017 | ETFIQ |
| Net assets | $1.0bn | issuer page, as of Oct 2, 2026 |
| Below its high | −6.6% | ETFIQ |
| Holdings | 759 | ETFIQ |
| Top ten weight | 6.1% | ETFIQ |
| Holdings published for | Oct 2, 2026 | the issuer’s daily file |

## Questions

### How has FMHI performed?

Over the year to Oct 2, 2026, FMHI returned −1.4% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +14.2%.

### What does FMHI cost?

The prospectus expense ratio is 0.70% a year.

### How far is FMHI below its high?

6.6% below its high of Jul 2, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, FMHI, data as of Oct 2, 2026. https://etfiq.com/funds/fmhi
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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