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. Shareholders 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 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date is Friday, December 13th.

First Trust Municipal High Income ETF Stock Performance

Shares of NASDAQ:FMHI traded up $0.01 during mid-day trading on Friday, reaching $48.72. The stock had a trading volume of 145,258 shares, compared to its average volume of 71,220. The firm has a 50 day simple moving average of $48.93 and a two-hundred day simple moving average of $48.84. First Trust Municipal High Income ETF has a twelve month low of $47.14 and a twelve month high of $49.51.

About First Trust Municipal High Income ETF

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.