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 Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.163 per share on Tuesday, December 31st. This represents a $1.96 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Municipal High Income ETF Stock Performance

FMHI stock traded up $0.01 during mid-day trading on Friday, hitting $48.72. 145,258 shares of the company were exchanged, compared to its average volume of 71,220. First Trust Municipal High Income ETF has a 1-year low of $47.14 and a 1-year high of $49.51. The firm’s 50 day simple moving average is $48.93 and its 200 day simple 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.